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HUNT’S MERCHANTS’ MAGAZINE, R 'P R E S E N T I N G T H E I N D U S T R I A L A N D C O M M E R C I A L I N T E R E S T S O F T H E U N I T E D STATES, E ntered %coordiag to A ct o f Congress, in the year 1896, by t i e Wil l ia m B . D ana Oo m pa m t , ia the office o f tb s Librarian o f Congress ] V O L . S A T U R D A Y , 62. % hz J A N U A R Y Cleartnsw at— L ondon A g en ts: Massre, E d w a r d s A Bsura. 1 Drapers’ Gardens. E, 0 ., w ill take sub sortptlons and advertisem ents, and supply single cop ies o f the paper a ; Is. each. W 1 L L I 1 M »«. M S A C O M P A N Y ) P u b l i s h e r s , P in e S tre e t, C o r n e r o f P e a r l S tre e t, P ost O r r t c s B o x 9 5 8 . SKVie v o i c K . SOUSE RETURNS, T h e fo l l o w i n g t a b le , m a d e u p b y t e le g r a p h , e t c ., in d ic a t e s t h a t t h e t o t a l b a n k c le a r in g s o f a ll th e c le a r in g h o u s e s o f th o U n ited S ta te s f o r t h e w e e k e n d in g t o -d a y , J a n u a r y 25, h ave b e e n 193«,T W ,3 )3 , a g a in s t il,b52,8SM ,3 A to st w e e k a n d i t 901,4*6 th e c o r r e s p o n d in g w e e k o f la st y e a r . CLXABIXGS. B&wrm b» lekwaph. New Vork........ ................. . B oem o......................... ......... FfcilMolpMa........................... BAiUmore .............................. Chicago..................................»« . L ou ie............................... New 0?ie«ujj. ........... ........... IV«A Cn-tlnj X i--, (•» 515. 1890, 189S, « .m 0 3 M 8 7 60,393,393 S* .915.868 10,208,189 70,317,101 20,853,836 9,700,120 1 8 9 6 . N O . 1 ,5 9 6 . Week ending Janmru 16. CDhcouicle. T e rm s o f S u b s c r ip t io n — P a y a b le l a A d v a n c e : f o r One Y ear................... ..................................... ....................* 1 0 00 F or S ir M o n tis............ ...................... ............................... .. 6 00 European Subscription (iaeinding p osta g e;.............. . 12 00 European Sabeertptlon Six Monthe (including postage). 7 00 Aanua! Subscription in L on d on (iBOludiBg p osta g e)— n 2 10#. ----- X llO e . Six Mob, d o. do. do. The DcveSTOR*' .So p p l e h e s t will be furnished without extra, charge to every annual su bscriber o f the Co m m i k u a i . jusa E a t a s s m , C'HKO.flCi.g. The State a s k O rrr S o w u s k b s t will also be fa m ish ed without extra charge to every subscriber o f the C bro xtclx . The S treet RAitwAT S oppi. e m k st will likew ise ta> fa m ish ed with out extra charge to every subscriber o f the C n a ostou s. The qnotAlTOS 80 W J2 M **# , iasttsd m onthly, w ill also b « fa m ish ed without extra charge lo every subscriber o f the C tm oxiC W , File cov ers are sold at 5 0 cents e a c h ; postage « n the sam e Is 18 oents. File cover for supplement# can ins had at office for 65 cents or m ailed fo r 80 cent*. T e r m s o f A d v e r t i s i n g — ( P e r I n c h a p a c e ). O n e t im e ............................... S3 50 ; Three Month* (13 times) .$25 00 One M onth iA tim es).. 1 1 0 0 i Sir M onth, (26 “ >.. A3 00 T w o Months (8 “ t . 18 CO ! T w elve M onths (5 2 " >.. 58 00 (The ab ove te r n s fo r One m onth and upward are fo r standing cards.) C L E A R IN G 2 5 , Per ('ml f 6*7 - m -r 0*7 ■f 10'0 - 07 -f 20 — 2*5 Now Tork.......... Philadelphia. ... Pitlibarg........... Baltimore,.,,,—. Buffalo......... Washington,,?.. Rochester,..,.... taeum............ UnUngtcut...... Binghamton........ Total Middle.,., Boston.................. Provides**,.......... Hartford.... . . . . . . Now Haven..,..... -:,rSn«si-M ......... Worcester............ Port land.............. fall Hirer............ Lowed................. Son Bedford....... Total New Kn«,. 3 » « " — Delimit............... * Cleveland-, r’Dlumba*--. tndi»fiiM>oUi ..... . Peoria...... ....... Grand R apids.... isexiugityxin iiiaw*.. ........ Bay City...........A kron...... *•*•?•••’ Springfield, Ohio... Canton.... Roektord...,..... .. KalftmiiiOO........ Toledo*.... Dayton*.-,.. . . . . . . Tot. Mid. Weai’n Nan Franciioo..... Portland......... Halt Lake City.**. •*>» > : s f t i e . .. Tacorn* Lo* Aag^ie*........ Helena.......... ..... Spokane..,........ Sioux Fail*-....... Fars:«................. Total Pacific.... 1890. 590,fJ*4,9*4 ti©.840,917 15,248.607 iJMXib a.udrt.iu: u m .m 8iT„7l2 im jm 8921,100 i, no, 120 1,713.5 83 74”,0 71-.I] aes.ri'N 619,133,007 I K U 04/S3 L40I.77V 1.839,06c 875.108 <1*4.3* 5-3.1L51 105.1*5*278 87.SP2 071; u ,tm :p < 8,0*0,*6*! m n ,iv s ; «,*»7S 'Ht, 8.5lo,0 «i2 :*£*.&&> iv» m 18fi. 1895. 513,8-71,0® 60,499,* 6* R W W 4 0 7 ,5 0 5 /0 . 4 *2 1 '-t 1 3 .0 7 9 ,1 ’ 2 13 8 1 1 ,8 9 - 16 6(34 5 4 8 1 5 ,971.24-2 1 ,5 2 9 .9 4 2 .1 3 2 2 6 7 1 ,6 4 * 1 /9 3 1 .0 7 3 .2 3 4 1 .0 5 1 ,1 2 1 a 4*3 41*4 I +i f j 4,1p0,0O m •: -« -h -0 -113-6 S e& m M t < Q. ‘ «) IS50-6 SSU.DO IDt.SW^W -Hra 06.537,7)8 87,836,06* H.Wrt.UWt 4,094.4 t‘C> 6&9 *e« 5.41L08S B 215.fi*Ji 1.3. T.018 i,oia.o,!7 1,057.048 m i* a L 2 7 ,< m M l 93.00? 20/ AC*I ^ W rn m l ‘ U/ffiLSWl 0 7.-4 01f* 4,499,170 iJ9i.UA> 8.319.70 i,O>S,©0< 0O8 Mi I,n7A tm 42A.09S 414-600 40I.7J* ; 67/40 W,S4«‘| m .-ildA 1 .0 1 6 ,7 4 0 8 9 113 V 2.7m 6,98*1,700 13,029,00* L* 4-5,011 l3*>M7b 4 lo.«> 0 501,135 « 0 0 6 7 .1 8 0 3 383 800 1,101209 1 T& 8* 5 1 ,0 7 9 .0 8 3 6(51 5 1 9 4 -1 4 * 2 0 0 ,0 0 0 1 7 0 ,0 0 0 1 9 2 ,0 8 5 315,118 1 2 5 ,1 .2 ,0 3 7 4 41 1 5 7 ,0 2 8 ,8 2 9 1 6 ,1 8 3 /2 5 4*1 4*8 I X ±i 3 ,0 9 0 ,1 6 8 301.702 44 1 8 ta M ,6 ig | 4* so. m 182,512 131,65(1210 109.03V'89 id <m m 0 l b' ,252 7 m -u z fin X i 7<0 2:*6 2 ,6 0 6 9 4 6 1 ,7 2 7 ,7 0 1 1 ,6 5 3 ,7 9 7 1.604 6 9 1 1 ,5 7 0 8 0 0 859,2(51 281/SO I65,86i KU/feO 147,08 59 1,191, (m ! 1/42.422*1 ini.S si 499,) DO) 1803 4 -15*0 1 .1 U .7 6 3 « 1.01L217 -ac 4-3 1 1 3 ,8 2 7 10.057,034 i 6 ,452 395 lO,2iJ0,88l Ktkmm City........ 4.07O3«* Mitmoapoil*........ 4.751.3*2 & Omaha#..#.. . . .. .... 3,165,301 5 ,6 0 1 .2 0 5 Patti.,.,........ 5 8 1 8 ,4 4 0 2,763.341 D en ver......... .... 2 ,2 5 0 ,0 0 2 ,7 8 2 ,0 1 2 ??, Joseph.......... 1 ,4 4 1 ,4 1 3 -Sioux C ity ,.,....... 1,053.088 1 ,2 8 4 .8 9 7 Des Molne*,. .... ... 526 257 7 0 9 .7 P 2 Lincoln......... 544,782 5 4 3 ,8 7 1 lYiciiliii....... . f5t.08i P (6 705 4- 4-1 Tope**........... Seven ciiiee, S 4 * y * ___ _ #680,550,115 *034.616,838 87,97 9 3 .9 0 1 Other oitiee. 5 day*................ 124,023,498 4* 8*3 Fremont,.*....... 186,02*JS8S 67.0CO 7 5 /0 0 H alting*....,......... (- 4-8 Davenport**.., .... Total all S dav«___ S!05..17*,*77 *759.1.^*450 35,5.«.0;t8j »1,853.7*>8 f W * 83,421.773 I t ) 3 4 8 .4 1 7 Tot. other Wmt 181.782,030 + 52 (All ciUeo. S 4 * y ..................... 170.178,728 24,871,097 20,77 27,833.490 LoniS............ + i-« NL Tottl aUeitlox for week.. *005.748,205 W 'io.aoi,*7« 11.(9-8.367 11 490,10“ 12,482,184 New C»rieftOS....... 7,4*21/24 6,;537/,7h 8.397,870 Louisville,,..... .... SJ,$n/80 T h e fu ll d e ta ils o f c le a r in g s f o r t h e w e e k c o v e r e d b y th e Gntemim.r.n ...... 3,174,6143/17,107 K 3.&92.3I0 2.7-$.905 3 ,1 2 3 .2 5 2 a b o v e s ta te m e n t w ill b e g i v e n n e x t S a t u r d a y , \V e c a n n o t , o f Ilooston............ 2 ID2.3*82 1.980 m 1,914,580! ! « ! Richmond..., .. .. 2 217,310 c o u r s e , fu r n is h th e m t o -t i» y , b a n k c le a r in g s w i n g m a d e u p by '•hVjRiliab.... ...... 1 ,5 8 4 (5 0 2 2.2 41142 1/28,072 2,210,533 t h e v a r io u s c le a r in g h o u s e s a t n o o n o n S a t u r d a y , a n d h e n c e in MerapMi ..... . . . . . . 1/10,718 1.593 41/ L 1 W&S A t l a n t a . . .... L05S,8IW| %msm» th e a b o v e t h e la st t w e n t y - f o u r h o u rs o f th e w e e k h a v e t o b e •.Nashville........ 1,113,357 t.SCO/20 Dallas................. . In a ll e a se s e s t im a te d , a s w e g o t o p ress F r id a y n ig h t. 1,077/70 1 ,051,817 1,194,184 Norfolk.............. O u r u su al d e ta ile d fig u r e s fo r th e p r e v io u s w e e k , c o v e r in g W aco,............. t o 800,00*4 th e retu rn # f o r th e p e r io d e n d in g w it h S a t u r d a y n o o n , J a n u Fort Worth........... 885 924 4*28,348 Birmingham,. 437, Hi —JfO m " a r y 18, a re g iv e n b e lo w , a n d w e a ls o p re s e n t th e resu lts f o r the Jn-ckstonvinf?..., ... 205,423 4-33 c o r r e s p o n d in g w e e k in 1895. 1891 a n d 1898. In c o m p a r is o n Chattanooga........ ts &&& w it h th e p r e c e d in g w e e k th e r e is a lo w in t h e a g g r e g a te t t T O i S U :::::.: : 445 0 e x c h a n g e s o f a b o u t t h ir ty -th r e e a n d a (p in n e r m illio n d o lla re, Knoxville*.......... 7 1 ,1 3 2 ,5 6 7 0 2 .9 0 5 / 66,699.780 Total Southern, b u t a t N e w Y o r k a lo n e th e loaa i ■ n e a rly tw e n ty -th r e e I , -1 50,315,023 Total a ll.......... 1,059.391.506 908/15,952 m illio n s . C o n tr a s te d w it h t h e w e e k o f 1893 t h e to ta l 461,484,880 l3 0 O 4 a O 7 5 5 9 ,8 3 5 ,9 4 0 f o r th e w h o le c o u n t r y sh o w # an in cre a se o f 9 ’ 1 p e r c e n t. Outside N. York C o m p a r e d w it h th e w e e k o f 1891 th e c u r r e n t r e tu rn s r e Mom real............. W M im 1 2 9 7 4 ,0 1 0 0 ,9 3 2 .6 8 « 10.0 0 ,9 9 1 ,5 0 7 5,4 2 3 .3 8 6.052,83^ c o r d an e x c e s s o f 17 2 p e r c e n t a n d th e loss I r o n 1883 is Toronto.............. 1 ,1 4 3 ,0 4 6 93-1,210 1,190,8.22 1,080,001 ilailfax. 27 p e r c e n t . O u tsid e o f N ew Y o r k the g a in o v e r 1895 is 3 1 wtanipeir......... 4-14-7 962.067 1,13%995 767,718 4*14-7 6 5 0 .0 8 9 737,800 lW F p e r c e n t . T h e e x c e s s o v e r 1894 r e a c h e s 7 -4 p e r c e n t , b u t Hamilton.., 2 1 /0 L 3 1 0 " i T ^ T f l a ~2t876881. Total Canada.... ,1 20 088,410 m a k in g c o m p a r is o n w ith 1893 t h e loss is seen t o b e 16 3 p e r at, •Not Include 1 In totals. Publication suspended for the present. 55,283,905 11003,803 *S».e05.7Tl 2I.S8U8SI 9,485.558 S » i! 4 l8 M m THE 152 CHRONICLE. a d im in ish in g volum e o f business. THE F IN A N C IA L S IT U A T IO N . nies E v ery th in g ia w aiting for the opening o f the su b have T w o large c o m p a fu rn ish ed their statem en ts o f earnin gs this week fo r the m on th o f D ecem b er, each b ein g ty p ic a l scriptions to the new lo a n ; when th at is done very lik ely o f the section o f cou n try represented by it. there will be a furth er and perhaps prolonged suspense these is the C h icago & N o r th W estern , as the transaction passes through the mazes o f P en nsylvan ia Railroad. its su b LXII. [ Vol , the O ne of other th e T h e N o r th W e ste rn has been In the m eantim e Congress does n o th reporting heavy gains every m on th since the b eg in n in g o f in g except what is further distu rb in g, business continues th e second h alf of the late calendar year, and the m on th sequent history. to contract and pended. A m id substantially sus o f D ecem b er has proved to be no exception to the rule, is a hopeful feelin g , but the return show ing an increase over 1 8 9 4 in the su m o f new enterprise is it all there with each rum or the bears start the S to ck E x ch an ge no less than $ 5 6 7 ,9 4 1 . grows shaky. for D ecem b er 1 8 95 to above those for D ec em b er 1 8 9 3 , that the the Last “ flying ’ B erm udas Saturday a story from squadron was quite had been u n settlin g ; for a British fleet in A m erica n L o n d on ordered no to wonder, waters was interpreted th ou gh still leaving th em below the ex cep tion a lly high total o f 18 9 3 . large atorial speeches, a style ex cellen t oratory cently in good measure subsided. which had re Tuesday there cam e m o v em en t o f spring late for A d m ir a lty , that the flying squadron was not intended country as a menace to any body or any nation. as we now A 3 the V e n assumed apparently a m u ch more pacific form this a n harvests in bu t is season, a positive statem ent by Mr. G oschen, first L o rd of the ezuelan question had prior to the rum or o f Saturday O f course we do n ot overlook the fa ct th at in this case great benefits as fu rnishing a fresh text for another lot o f violent S e n of the it coin cident such a find B u t on the latter day the m a r ket wa3 again disturbed by a cable ann ou n cin g the “ Pall M all G a z s tte ” published th a t a statem en t to the A s regards the 364, and treaty was on the lines o f the agreem ent o f that agreem ent T u rk ey prom ised that the 18 33 . in the event o f By R u s added th is, of com p an y revenues in expenses of to recognize the 1833 treaty, the ques its figures the steel centres O n the lines a h u n dred has in to the o f w ork, is $ 3 3 5 ,0 3 6 p a tt th e cost th o u con tin u ed considerable back w ith increase o f $ 4 3 5 ,- n ine of p ro p srtv , of reflected in increase an on the E a stern lines and o f $ 5 4 7 ,9 3 8 . lines as the old one would shape o f wages the old arrangem ent. S till, the disturbance in financial In o th er one fo rm or in L on don seemed to give im portance to the statem ent. th at fo r the It to expenses later on the lish foreign office had and same day that the E n g confirm ation o f the report, the heavy tone o f the L o n d on ascribed to an u n fou n ded rum or o f Q ueen. A lto g e th er, in the m arket was then the absence of event o f special im portance, W a ll Street were disturbed by these fo reign the arbitrage houses seem ed to illness o f the any dom estic transactions rum ors, especially as take each occasion to sell freely stocks having an international m arket. A n o th er feature o f M onday $ 1 5 0 ,0 0 0 arrived $ 9 1 1 ,0 7 9 g ain in and in th e purchase another. fu ll on We tw elve the o f needed su p m ay say m on th s the com bin ed fu rth erm ore the addition system has been nearly 6£ m illion dollars— in exact figures $ 6 ,4 0 3 ,5 1 0 . sum represents the T h is con trib u tion w h ich th is one great corporation has made out o f its increase in revenues to keep business active and labor em p loyed . W e need hardly say th at should the recovery in earnings estab lished by the system the last year be lost in 18 96 a3 a consequence of Congressional beneficent fertilizin g the week has been the resu m p tion o f the im port of gold. words, o f th e plies, th us reach in g the laborer or the business m an in affairs which the ann ou n cem en t was cabled to have made was cabled en $ 3 1 3 ,9 0 3 on the W estern lin es, togeth er an ad d ition o f earnings for the m on th , $ 5 4 7 ,9 3 8 was paid o u t in force than and an and since it was, as a consequence, substantially aban any more its the d o in g don ed , we scarcely see how a new treaty along the same have the earnings $ 4 8 5 ,8 1 5 , and o n th e The togeth er all nations. other E u rop ean powers refused at the excep t over ia of d istricts. over p u ttin g larged am ou n t A s the iron and together dollars. sia goin g to war to close the D ardanelles to warships o f that tim e and thereafter the for the m onth o f m ak in g practice T u rk ey , all Pennsylvania R ailroad , lines west o f P ittsb u rg and E rie an form ed and trade im p rov em en t m an u factu rin g crease in gros sand Russia of in th at east of P ittsb u rg and E rie tue com p an y reports an in effect that an offensive and defensive alliance had been between equally true would have been out and the great opening on T h u rsday. a resu lt o f the section tion. friendlier attitu de the dispute had taken. affairs stood W ednesday and at the as th a t revival reveal the situation in position are accru in g fro m the w heat m arked nouncem ent was hailed as a confirm ation o f the really In this T h is increase raises the earnings n eglect or error, stream would also this again be cu t o ff. M oney on call representing bankers’ balances has on the Fuerst B ism arck; on Tu esd ay $ 3 1 8 ,7 6 0 Spanish loaned this week at the S to ck E x ch a n g e at 3 and at 4| gold cam e in per cen t, averaging about 4 per cen t, and banks and trust from M exieau ports which was turned into the Assay office, as was also $ 9 0 ,0 0 0 which arrived com panies quote 6 per cent as the m in im u m . from an easier fe elin g in the tim e loan branch o f tne m ark e t on H avana on the the port S t. Paul gold same d ay; there $ 1 ,0 0 0 ,0 0 0 . at is also afloat B u llion dealers now re o f 1 per cent prem iu m . T h is of and m oney is offered with som e freed om at 6 per cent for four to six m on th s, bu t the inquiry is ch iefly fo r course accounts for the m ovem en t o f the m etal to this shorter dates. center. engagem ents for n in ety days Dealers say at the above prem iu m there is a good counter dem and, ran gin g from $ 5 0 ,0 0 0 to $ 5 0 0 ,- 0 0 0 , from individuals and corporations who in ten d to bid for the new bonds. As already said, our T h ere is F o reig n bankers are to fou r w illin g to m ake m on th s at 5 per cen t, stip u latin g, however, fo r re-paym en t in g o ld , and some of these bankers are offering loans for th e sam e tim e, with the same stip u la tion , at 6 per cent. T h is is industries are gettin g in to a the rate quoted for all dates for currency loans. T h ere stagnant condition as the result o f the uncertainties |has been considerable re-discou n tin g of com m ercial paper connected w ith the financial outlook. Should this f in this m arket for E astern banks that are probably assisttin g their custom ers to prepare for paym ents for bond subscriptions, and this papsr has bsen very p ro m p tly' January 23, 18!)6.J e m u m in u s. the taken at 6 per cen t, being regarded as choice, h arin g a ! day bank endorsem ent. Som e very good fou r m onths 1 rect, 153 was com paratively slow. T h is view proved eo r- as no en gagem en ts fo r sh ip m en t were m ade yester- singie*nam e paper h as sold at 7 and at 8 per cen t, and ! day. G old exports on W edn esd ay were by Lazard F reres, in a few instances 1*2 per cent has been paid for nam es $ 9 0 0 ,0 0 0 ; w hich in a norm al condition o f the m arket would sell b aeh, Ick elh eim er & G o ., $ 5 0 0 ,0 0 0 , and M u ller, Sch all at 5 to 6 per cen t. T h ese claim ed, in dicate the transactions do n ot, it is character o f th e paper m arket. T h ere is a better disposition to b a y really good and q rotations are 6 per cant fo r sixty bills receivable, 6 for fou r m on th s to names nin ety day com m ission house nam es, 0 @ 7 for prime and 7 @ 1 2 fo r good fou r to six L . von H o ffm a n & C o ., $ 8 0 0 ,0 0 0 ; H e id e l- & O o ., 8 3 0 0 ,0 0 0 ; total, $ 2 ,5 0 0 ,0 0 0 . terday was with quarter d u ll, of a u n ch an ged cen t h igh er fo r T h e m arket yes rates fo r actu al business o n e for sig h t and six ty -d a y bills. The shows the daily posted rates of cables, but fo llow in g table exchange b y lead in g drawers. m on th s sin gle nam es. Far.. Mon., T ubs., W ed., T httr., 17. J a n . $0, J a n . SI. J a n .. 22. J a n . 23. T h e B a n k o f E n g la n d m in im u m rate o f discount re m ain s unchanged at 2 per cen t. The cable reports Jan. T §?* 888 8“ if4 88“ fo« 88“ T T 8“ 8“ 88“ te* To* T syr T wP* 88“ Brown Bros...... j Baring, (todays. M&jzotm & Co.. <Sight ... 15 16 o f 1 per cen t. T h e open m arket rate at Paris Bank British j to days. No. America.. I Sight... is I f per cen t and at B erlin and F ra n k fo rt it is Baffle o f {rjfutnys, Montreal....... (Sight,,.. 3 1 per eeut. A c c o r d in g to our special cable fro m Canadian Bank $00 days, of Commerce.. \ Sight.... L o n d o n the B an k o f E n g la n d gained £ 1 ,6 4 3 ,6 7 8 b u l HeideShach. Tek- »m days eihcitmer 4 Co. f Sight..... lio n d a r in g the week and held at the close o f the week O ar correspondent farth er th at the gain was due to £ 7 5 2 ,0 0 0 advises ns received fr o m the o f which £ 7 3 5 ,0 0 0 were b ought £ 1 1 6 ,0 0 0 im ported in trie open m arket, from H olland and £ 4 1 ,0 0 0 from other countries. T h e foreign exch an ge m arket has been d u ll and a easier, in the absence o f d e cial bills against cotton and latter, but the arbitrage breadstuff*, chiefly business in the stocks has bad little influence upon exchange either way. T h e c o n d i tion o f the m arket is, to som e ex ten t, a bn orm al, and it m ust so continue while sufficiently great to there is a prem iu m on gold attract th e T h ere is som e expectation o f metal from abroad. an increasing prem ium tim e approaches for pay m ents to be m ade for the new G overn m en t bonds. The upon legal tenders, as dem and for exchange the has been confined to current rem ittance and this has kep t the m arket bare o f bills. On W edn esd ay there was an export o f # 2 ,5 0 0 ,0 0 0 gold, made necessary cure round On by the in a b ility of am ounts M onday of b an k ers exchange for to pro rem ittance. Brow n Bros, advanced their posted rates to 4 88$ for long and 4 90 for sh ort, and ers then m aintained uniform figures. all the draw days steG in g being quoted at 4 8 7 | @ 4 8 8 , an advance o f one quarter o f a cent com pared with Friday of last week, while -4 8 S $ @ 4 8 9 $ , cable transfers were one quarter o f a cent lower. N o change was m ade on the fo llow in g in their i 89$ day, but either on nom in al posted Brow n figures 4 88 for short, and to while European Bros, f>r th at day, and mail and also reduced those for short cable transfers by the that to the gold ex m steady «8 * 90 VO S3* SO ■ on 8908* 88“ 8“ & F rid ay at 4 88 4 fo r Rates for actual 4 8 9 @ 4 89$ 4 8 ? f @ 4 88 for lo u g, for Prim e com mercial bills were 4 8 7 $ @ 4 87 $ and docum entary 4 86 -f @ 4 87. W e have noted above th at tho Pennsylvania Railroad in its return gross on its W estern system for D ecem ber reports $ 4 8 5 ,8 1 5 gain in E astern lines, and iucreased lines th at d u rin g and $ 4 2 5 ,2 0 4 gain on the expenses the on the c o m b in ed m on th about $ 5 4 8 ,0 0 0 . In the net the im provem en t is $ 1 5 0 ,7 7 9 on the E astern lines and # 2 1 2 ,3 6 2 on ber of the previous the W estern lin es. In D ecem year the changes had been c o m paratively slig h t— $ 7 8 ,4 5 4 decrease in gross and 411 decrease in net on the com bined however a very large loss in 1893 gross. $ 4 7 ,- sy stem , fo llow in g in the case o f the T h e fo llow in g gives the results for the E a ste rn lines for a series o f years past— both for D ecem ber and the twelve m on th s. U xm *A8T Of Prrwsntraa* Btsmnim. m* enrols 1894. 1896. 1893. 1808. 1801. t $ i * 6,639.00* 6468,789 M02.S46 5.934.92: 3.939,90! S.isOt.Wi 8,587,090 4.401.24: #r 1890. # * 5,79^29 5,305,319 3,709,208 4,234,12' J.6*8,918 1,715.155 1.530,676 1,562,700 1,596,111 Met earning*... Jan. 1 m Bee. *1, «,37ft.2«3 08,843,845 67.426,8 H 60.202.260 iro*® earnings..,.. 64,627, U40,8 a t * 4*0 996 015 #8,819,362 45,947,446 14.930,55ft >D«r*e« Net earning*... ifi.&rt.m* &8l6,*30 10,3/0 80S 2> ,022,1kl 21,479,290 21,221,70ft T h e foregoing shows that on these Eastern lines th e com pany d u rin g 1895 recovered $5,9*22,894 o f its in gross and $1,342,3*29 of its Joss iq n et, loss In ad d ition the com pany gained 1 4 ,5 9 1 ,3 1 4 in gross and $ 2 ,7 6 9 ,3 6 9 in net on the W'estern lin es, m ak in g an for the com bined system of over 1 0 $ gross and o f over 4 m illion im p ro v em en t m illion dollars in dollars in net— a very noteworthy record. A m o n g the other roads which returns fo r D ecem b er, the have this w eek m ade P ittsb u rg C incinnati C h i after cago & 8 * . L ou is reports $ 1 3 5 ,0 0 8 increase in gross and the sixty- $ 7 4 ,5 8 5 increase in n e t ; the Pittsburg Y o u n g sto w n & N o change was m ade by th e other A s h ta b u h , # 7 ,7 0 9 decrease in gross, # 1 7 ,5 3 0 decrease in O n T b u r s d ty , opening u rch a n g e d , Brown Bros, advanced drawers and the tone o f the m arket was q aoted by reason o f some inquiry for Saturday’ s m ail. rates for actual and th at there w ould be no until Saturday. day rate to 4 8 8 $ . actual lo n g the change was due to the fact dem and for rem ittance was satisfied on in rates for actual business were reduced to 4 8 8 J@ 4 89 ports or W ednesday in lo n g sterling rem ained u n ch an ged, 4 8 9 @ 4 89$:; m mi business were T h e tone of the m arket was irregular, rates for actual business in sixty rates, S* w 0SSH 0 ss* ssh M m * 88* 90 88* 90 88* 90 sixty pay 'an d 4 8 9 $ @ 4 9 0 for sig h t. m and, towai ds the m iddle o f the week, and later becom Bankers report a fair supply o f com m er Q-7 QV I/I '■ 90 88* DO m 8 *H m T h e m arket closed 88* 9o ?o* short and 4 8 9 $< §4 8 ‘J j for cable transfers. little irregular, g row in g ing firmer. 89* 8«* BO 88* Uuard Frw wu.|g£j?t?s ; Merchant*’ Bk. i <s»»days. of l otia la.......J Sight .. interior o f G reat Britain and to the im p ort o f £89*2,000, m -H S»H discounts o f sixty to nin ety day bank bills in L o n d o n , £ 4 7 ,6 9 0 .3 8 1 . FRU 24, Jan, business rem ained firm n e t ; the N orth ern C en tra l, $ 4 1 ,4 0 0 increase in g ross, The # 3 8 ,8 9 8 increase in net, an i the unaltered, and it was then understood that no gold would be shipped on we furnish Saturday, partly because th e steam er road 8. sailing on th at Wt-stera M a ryla n d , $6 ,383 increase in gross, # 2 ,1 6 0 increase in net. fo u r-y ea r com parison fo r a B ;lo w num ber o f, ^ ----- Same of Road— Northern Central............ Pitt*. Ctn. Chic. 1895. * 559.181 150.780 1.378,IPO 31H.143 92.190 3.122 52.023 6.703 98.737 80.910 Net Jt St. L . . Net Pitta. Youngs. & A sh ..... flan Fran. Net & No. I*ac........ Net Western Maryland.......... Net Dcctwter Boll<93. rnmy» 1894, 9 651,218' 107.292 1,204.522 231,937 68.280 def.19.I99 50.9S2 10.459 78.110 18,791 517.78f 111.888 1.243,191 273.558 99.899 20,051 40.119 7.647 92.354 28,750 1892. $ 030.01g. i<3.00p 3,410.570 245,046 97.778 5^.830 91,274 T h e follow in g statem eni.giv.es the week's m o v e m e n ts o f m oney to and fro m the interior by the I f . Y . ba.olcs. Currency..... ................................... Oold................................................. Total kold and legal tenders.__ T n ere probably never was-a tim e off depression when one conld speak'O'f a sin gle influence a a d ’say th a tik , and it alone, was in te rfe rin g wi'tu industrial- d e ve lop m en t. T h e r e m ay, in tr u th , be but* a sin gle cau se at first, and yet the dislocation Set InUv^ty'Movement 7 324,000 $1,681,000 G«im$5043;dO* 29;#1K0 300,000 |S*in> 320,000 $7.fifiS,000* *1^91,000E&aln.$&-3723W(0 Result with S u b -T re a su ry operation s and gold m o v e disturbance Set Chanon Bank Hoidin•*. Out of Banks. Into Bank*. Jan. 24,1890.1 $1,981,00O:3lliIL$5,e73;0i!0< punka1 interior movement, as above 8 nb-Treaa.oper. 4fc gold exp. <feImp. 20,400,000- 23.700,000 Boss. 3,S»0;000> Total gold and legal tenders..... $28.85 :),(>©*>$25,681,000 Sain. 2,:.'S2;00«> A m o u n t of bu llion in prin cip al E u rop ean banks. January*24,1895. Stiver. ©eld. January 23,1896. Gold. Silver. Total. £ & £ £ 3o,368;G<|3r 133-091,000 54.277,009* 29,420,090 £ £ 35,85^.007 .... -. 84,323,000 4P,3<39,VO 38,537,000 15,740,000 15,604,000 13*916,000 8,004.000 11,320,000 4,099,000 0,868,000 3,559,338 1,779,667 47,090,381 47,090,381 77,187,830 49,379,228 180,807,053 31.iVl.84® 13,470,706 44,902,850 24,489,000 12,703,000 37.177,000 8,004,000 10,010,000 18,014,000 K),U67.C<8i) 3,l89,00t 6,844.000 10,033,000 5,339,000 Nat. Belgium 2,788.000 1,339.000 4,107,000 288,376.497 38,091,007 18-*,384,340 195.016,856 93,780,928 288,796,784 93,386.000(280,103,'JOO. Tot. orev. w’ k 192.250,621 93.837,804 285.5S8.185 187.017.005 it A N UNSOUND tria l situation, well worn CURRENCY to th e existin g by discussion it •which nevertheless is so often raised u se to again devote a little tim e to A indus may be, th at it will be of its consideration. letter referring to th e m atter in m in d we have kept entire every- u n favorable h on estly th e-effort to fix u p o ® the lead in g and con fu sed in original source L o o ls back for iUhstyation over the road we have keen travelin g the la st three or m ore years, L a rg e prodnetion o f sotts«n in A m e r ic a w ith a decided fa ll in price' )3 one im p o rtan t fe a t s r e ; a f a ll production o f wheat in E u ro p e ,.-with a n enlarged visi ble su p p ly , is another;: still o th e r s are low -priees fo r a ll produets, very sm a ll m a r g in *o f p r o fits in every in d u stry , tariff, a g ita tio n *-e x p o r ts*o f’ g s ld , w ith drawals o f fo reig n o th e r failu res. cause we capital, and1 num erous- hank and - W e o n ly stop> eionmerairing th em be have specified e n o u g h to e n fo r c e -w h a t . we • h av e asserted and sa tisfy e v e r y o n e o f tlie-triuth o f the ■ sta te m e n t saade. W e never h a v e said and' never in te n d e d to say th at an u n so u n d ’ cu rren cy-w ao the only influenoe depressing w h eat at S h e m om en t,, or th at the low price o f w heat d id n o t its tssrn c o a trilm te tc>the trade depression. W h ile th ou gh we a d m it thatrn«sther A th e fo re g o in g assertions i f m ade w o u ld be c c tr e c t, it i s - c-qually well esta blish ed th at th ere are p rim ary causas and secondary causes o f a-som tinued and g e n e m l trado-depnession> a n d th a t th e low price of p r o d u c ts-san never -in such a,case p ly a n d -d em a n d . T h ere is an inquiry relatin g fita llj^ our w orks, agg ra va tin g h e a prim ary cause. W HEAT AND perm eate circu m stan ce, u n til th e mirr-iris agrieu ltu ral m ents. iI vhw Ending m ay industrial system ) a c tin g a n i ’ re-actin g w ith e a c b new o f the harm w ro u gh t. Recowed by flipped by N . r r.nkk. N. Y. Bank*. W«Ji finding Jan. 24,1898. Bank of [V-oi*. LX1L THE CHfeONICLE- 154 Sricea aoe dependent! upon su p T b *b e sure*there a re -a t tim es o th er con trib u tin g in flu en ses. As fo r instance: when th ere is a tendency tow ards atleficienoy-.m th e sutpply, e r w h e n there- is a te n d e n c y towards^ an e 2 eess> com p etition am on g sellers or c o m p e titio n a m o n g b u yers, as th e case m ay b e, m ay depress-or ra ise prices- a k n o r m a lij ; but* th is i s - m o re or less* a tem p o ra ry m o v em en t or fo r c e - near us for about two m on th s, in ten d in g to notice the w h ich breaks dow n a fter a b rie f p e r io d through* an e n - . su ggestion as soon larged* produ ct a n il very lik e ly an <wer-8upplyi i f there as we cou ld m ak e it convenient. W h a t our correspondent says we give below. th e writer intends to en force is th a t it Tency defects bu t the price of cause o f the T h e idea is n ot the cur- w h eat th at is the main present depression. In other words, we has been p r ic e s, or a lack w h ich has- le d th ro u g h a to- abn o rm a lly h ig h d e c e a s e d pro d u ct if there has b een an excess cau sin g a b n o rm a lly low prices. we are b ro u g h t book to t h e p o sitio n H ence th at supply and m ay relieve trade fro m the distu rb in g effects of an u n dem and con trol price, amL th a t soaasequestly a declin e sound currency w ith ou t favorably affecting the price of in th e value of w heat caam ot in itse lf be w h e a t ; th at consequently we trade lo n g -c o n tin u e d s e lf, and agricu ltu ral m u st wait depression “ until the has spent it its pen du lu m swings the other w ay,” before we can expect the “ business situation to greatly im p r o v e .” & Sc o t t & C o ., b a n k e r s B r o k e r s ,? W il m in g t o n , N o v . 26, 1805. > Editors Commercial and Financial Chronicle : D e a r S i r s :—W e are a p p re cia tiv e rea d ers o f y o u r p u b lica tion . In y o u r a d m ira b le a rticle, “ W h y N ot Settle th e C u rren cy Q u estion N ow ?’ in la st w eek ’ s issue, y o u h o ld th a t the m ain ca u se o f the p resen t u n fa v o r a b l e co n d itio n s is o u r c u rre u o y situ a tion . Y o u s t a t e : " W e o n ly r e f e r t o them n o w to re c a ll h o w u n iv ersa l th e loss is' th a t is b e in g ca u s e d b y o u r u n fo rtu n a te cu rre n c y s y stem , a t a tim e to o w hen in d u s tr ia l co n d itio n s a re so fa v o r a b le th a t w e a lm ost h a v e w ithin ou r rea ch a te rm o f p ro s p e rity g re a te r th a n e v e r b e fo r e rea lized .” W e d o n o t w is h t o b elittle th e lo s s resu ltin g fr o m o u r u n sa tis fa cto ry cu rre n cy syste m , anil w e sh ou ld lik e t o h e a b le t o b e lie v e f u lly w ith y o u in th e a b o v e q u o t a t io n ; b u t w ith a b ou t 4 7 p e r o m t o f o u r en tire p op u la tio n •’ or th e C ensus o f 1890) d e p e n d e n t o n a g ricu ltu re, is it n o t tru e th a t "-vu o f th is 4 7 p e r ce n t is a b s olu tely un p rosp erou s re v a llin g p rice s T h a t th is Im p orta n t p a r t o f rplus to spen d , is n o t th a t th e m ain ca u se o f m d itio n s ? D o y o u b e lie v e that sen sib le eurald a ffect th e p rice s o f th ese s ta p le s sufficiently ■ ..- i cla ss o f o u r p e o p le ) W e w o u ld a p p recia te Ills m atter. S o m a n y o f u s fe a r th e b usin ess y im p r o v e u n til th e lo n g -co n tin u e d a gricu ltu ra l .s elf a n d its p en d u lu m sw in g s th e o th e r w ay. Y ou rs tru ly , Sc o t t & C o . 1 depression ;• th e r e operating w hich com m o d ity have m aterially m u st be increased or a the cause th e T h e w h eat its e lf.” th a t dem and) on depression is. thus no h ap -h azard affair, n » “ sw in g o f l u m ” to be reversed w hen t b s cau ses su pp ly s f decreased th e b oth , before price w ill fa ll. cause o f or tb e pendu m o v em en t “ -has sp en t T h ere are real fo r c e s at work ly in g b a c k of the depression in price, eith er p erm an en t or rem ovab le or both ; so far as they ar® p erm a n en t any backw ard swing is im possible ; so far as th ey aTe rem ovable a re covery in prices is o f coa rse to be- exp ected w hen such, agencies are elim in a te d . I f one w ould seek t o reach a correct id e a as to the present relation o f w h eat to* the m atter o f tra d e d e pression one m u st stu dy th© oauses w h ich have affected the supply and dem an d o f th a t cereal. A n y in flu en ce fo u n d to be at w ork since price began to fa ll that h as ten ded to increase th e fo rm er or decrease th e la tte r w ill h elp to disclose th e m eth od o f recovery, A notable fa ct apparent at the outset is th a t there seem s to be n o sufficient ju stification for the situ ation o f the increased su pply. That in tb e a m o u n t is to say, g ra n tin g a ll Januaby 25, 1896.] THE CHRONICLE. o th er conditions to be u n ch an g ed , th e decline has been excessive. It is q u ite im possible to determ in e w ith any exactness what has been the increase in the supply -of wheat seeking a m ark et. Som e reach a con clu sion depression in the w heat m arket, and th at is th ro u gh an increased dem an d. a part o f the cannot be recovered. dence, so far w orld, and others by ta k in g those fo r E u rop ean cou n b elie f th at tries as the basis fo r th eir results. be when factors, fo r a for n eith er wide th e sam e class o f figures can be obtained en o u gh plan to reach of years m ade u p on fu rn ish a com parison o f sufficient le n g th to g ive certainty to the a rg u m e n t. Suppose it wheat statistics a large our with N e u m a n ’s figures for E u rop e, w hich fo r 1870 to upon 1 8 8 0 averaged 1 ,2 8 7 ,0 0 0 ,0 0 0 cotton totals do b u s h e ls ; if so, even the n ot show an increase sufficient d a ft stru g g lin g w ith fo r reference bod y o f n otice agricu ltu ral later ha3 been excessive or th at it is lik e ly to gone one should start an estim ate o f the wants o f consum ers large to su pp ly the existin g e v i con su m ption is in a norm al con d ition . has upon As as it goes, does n ot favor the p revailin g pu b lic day A s to the lower price of the staple decline is, we have seen, perm an en t and by tak in g th e estim ated crop com p ilation s o f the whole B o th are uncertain 156 In d ia crop. large We to su p p ly. E v e n to people are con stan tly th ru stin g as prospects. a The over the m atter o f the great destroyer o f our In d ia is no more to be relied w heat crop th an it is fo r a large wonder how m any o f these writers who take th eir data second or third h and are aware that In d ia the 1893 91 and 1 8 9 4 -9 5 , exported o f wheat an average o f natural increase in popu lation . D o rn b u sc h ’ s estim ate for the world O r, if we take in 1 8 80 and com d u rin g its last three 1892-93, to equal the additional requirem ents necessary to m eet fiscal years, bu t 1 1 ,3 4 4 ,5 9 0 c w ts., or say (at 112 pounds to the h u n pare it with the latest results as collected and com piled d red -w eig h t) only 2 1 ,1 7 6 ,5 6 8 bushels a year. by our own A g ricu ltu ra l increa e shown to hear it proclaim ed near and far, and p am ph let upon price o f wheat pam phlet was w ritten, and B ureau, the does not any better explain why the because of should be cu t alm ost in h a lf to-d a y. T h ere has, th o u g h , no dou b t •called an over-prod u ction 1395. in been what the three m ay be years prior to O f the tru th o f th a t statem en t the A g ric u ltu -a l even books, to prove th at In d ia ’ s produ ction o f would soon be w ith ou t an cotton our planters occu p ation , and yet to-day A m erican cotton is no less obviously k in g was. * M oreover, as far the fro m In d ia as cotton form erly h ad , and no m ore. ju s t closed sm aller stocks. there But is again the sm aller yield conclusion one m u st reach who will je c t with the help o f a we and th in k every th orou gh ly exam in e the sub this class o f statistics is that the increase in the su pply since 13 7 0 , when considered in T h e im p o rtan t th o u g h t these cu ltu ralists, and not su pp ly. produ ction . It w orkin g c h ie f the harm . th at the than it was years ago, and why the world fu lly be tem porarily, as aster to crops. for W e need en ce s, as they ate well ferred to. instance O ne cause has decreased ; another in case o f a wide d is not enlarge upon these in flu know n and have been o ften re is th at the cost o f is production the cost o f reaching a mar set production em p loy ed , of the their this it m ig h t cotton, be large, labor industry To accom plish hardly said th at every agency ten d in g to progressive. needs to be restrict in du strial activity would have to be rem oved. In d u stria l a ctiv ity means th a t as nearly as possible the entire popu la tion is at w ork, a con d ition w hich can n ot exist excep t when the cou n try is in a state given to wheat is m ore prolific prise, and to induce th at we A s to for is our the cotton spindleB in goods and progress, fo rm erly. illu stration , price all ket is m uch less ; still another is that the average land than fo r o ver th a t A m erica in m otion , to have them run on lon g tim e , so several reasons why wheat should be perm anently lower bushel a ga in , excep t it m ay be to have been dis m u ch about con su m p tion If, planters wish to g et a p ayin g to see wheat at a dollar a facts en force is th at too is con tracted their aim should is not likely m u ch to fear F arm ers tressing them selves a ltogeth er sufficient reason for the low value o f wheat ru lin g . is equally clear th a t there are as is the fa ctor w hich sh ou ld con cern our a g ri dn n a nd con n ection with th e increase in popu lation , furnishes no O n the other h an d , it about now goes increase in the visible stocks carried over fro m year to has ju st than it ever evidence A m erica n In th s year which has as B u re a u ’s figures seem to afford good eviden ce, while the year appears to confirm the opin ion . wheat W e used a ad th at again parm ittin g con tin u ou s requires the freest en ter m ust have com p lete con th e effect upon price o f rich lands for wheat, it is to be fidence. said that there are such lands not only in A m erica bnt wheat. all over the world ; besides, the econ om ize; in tim es like th ese they have to watch their m odern m achines for W hat cu ltiv a tin g wheat are also in use everyw here ; and fu r flour barrel. therm ore cheap place freigh ts are a universal con d ition . is true o f cotton is ju s t as true o f T o o very large the body o f our people L i t a state o f confidence and activity re present con d ition of d istru st, u n certain ty H e n c e , alth ou gh the W e st can produce a od m arket this and slu ggish m ovem en t o f affairs, and staple the as cheap as any oth er part o f the world, so far as these influences h iv e decreased th e cost o f rais in g and m ark etin g the grain and so lowered its value, have to con su m ption the effect on o f wheat cou ld not fail to bo m an i fest. N o r would the revival o f business in the U n ite d to th at exten t no one need expect a recovery o f price. States be a h om e affair o n ly. O r to pnt the occasions, no sin gle cou n try has such an influence on proposition in never again see the day when enable th e lands o f L o n g another fo r m , we shall the price o f wheat will Isla n d , ch aracter, to raise wheat at a profit or A s we have said on o th er the world o f consum ers as A m eric a . trial d evelop m en t here always has im parted m ore life F or these reasons and energy to the reproductive forces in G reat B iita in i f there is any farm er h aving such lands who is in d u lg and the C on tin en t than a like in g a hope and w aiting for the pen d u lu m other 70 m illions o f people. far back that he will again m oney plan ting w heat, th ou gh t at once. he to be in a position m ig h t sw ing so to m ake as well give up the M oreover, i f the retu rn o f prosper H ig h er w h eatan d higher cotton th at influence, m u ch o f were partly prosperous tim es m u st be indefinitely postponed. less prom isin g. conclusion from the foregoin g Is p lain . O n ly th at in turn did m ore for ourselves. t*«e gain one way rem ains to secure any relief from * h» otig> 'o g m ovem en t am on g any O ur im proved conditions this su m m er did so m e th in g for E u rop e and ous tim es depends upon the return o f th ose con d ition s, The Increased in du s others o f like being but rather o f QpnHifinp due lost to as the outlook T c -d a y business here a d ra g g in g ch aracter, th ou gh Son’ o«« ^ becam e is now here active, TV in better THE CHRONICLE 156 LXI1. [ Vo l 1 8 9 5 , 2 -1 8 prices for wheat and m ills for 1892 and 1 -3 7 m ills fo r 1 8 9 1 , the rate in the m ig h t if to-day it cotton . be selling were not that B oth at m ore confidence business circles is greatly less m er. The lower values directly du e to th is duced in spinning in of in than the those staples rem unerative rates it was last su m m arket are cause, th rou gh a loss thereby pro requirements. Every other condi So we are again brought back t,o the point ail in vesti 1893, The G overnor well says th at while the Legislature should at all tim es avoid unnecessary and excessive a p propriations o f pu blic m oney and econom y consistent with good branch o f require the strictest adm inistration in every the pu blic service, there reason why the tion would give us higher cotton instead o f lower. m ills for latter year h av in g been excep tion ally low. financial and cotton m ills for 18 9 4 , 2 '5 8 1'98 in the N orth w est and Sou th reflects in part the higher principle is to-d a y a special should be carefu lly applied in the fact th at the con d ition o f m ercantile and in d u s gations o f com m ercial affairs bring us to— the urgency trial classes m akes it desirable th at the burdens o f ta x o f currency reform . ation W e said last N ov em b er there was shall be m ade heavier th an is no way in which the begin n in g o f business activity o f business depression, and waited in vain for th at re secured could be developed into the people absolutely th en already “ The no necessary. have endured a lo n g period broader fo rm o f general bu oyan cy, except by rem oving turn to prosperity which was so confidently expected,. the cause w hich was at that m om en t, and is to a j and as a consequence the burden of taxation rests with greater ex ten t now , im p a rtin g uncertainty to the future more than usual severity u pon them . o f all values. by the farm er, the th e Treasury R est assured that u n til the ability of to redeem all its promises in gold is artisan, the I t is fe lt alike laborer, the m erchant and th e in vestor.” placed beyond doubt there can be no free enterprise. N o one will question th e force o f this statem en t nor A n d while that is the case con su m ption of all farm ing will any one deny th at an adm on ition of the sam e kin d products will be restricted and our agriculturalists will is needed by the legislative be forem ost to suffer. other departm ents of and execu tive g overn m en t j T h e circum stances in the ease o f in officials in th is cou n try , the S tate seem som e- 1 what exceptional, but only a little s .u d v is required to ECONOMY The IN special GOVERNMENT message w hich sent to the State L egislatu re at om y in THE NEED. Governor M orton has show th at the State sim ply typifies the general situ a tion— th at the tendency here observable exten ds to all A lb a n y u rgin g econ |branches of the g overn m en t service. W e fiad now here com m ended. a disposition to contract expenses, bu t every where a ten- appropriations is to be h eartily A n d the suggestions and could with advantage recom m endations he m a k -s j dency to increase th em and to assum e new obligations be follow ed both in the govern - \and burdens. T a k e the case of our leadin g m u n ic ip ili- m en t o f our m unicipalities and the governm ent of the | ties, N ew Y o r k C ity and B rooklyn . T h e B oard o f E s ti nation. I n fa c t, it is in its broad general aspects that m ate o f this city a few weeks ago com p leted the th e b u d the message and the advice w hich it tenders is deserv get fo r 18 9 6 . I t provides fo r an expenditure o f in g o f special n otice. M r. M orton 's solicitude regarding State affairs arises ou t o f a num ber o f circum stances. I n the first place the legislators evidently do not understand the need for econom y, and are evin cin g a disposition lavish. On files o f bills thus far priations m illion aggregatin g dollars islature, expired th is p oin t th e are although introduced show m ore, th an now pen d in g b u t ten to be very G overnor notes th at the two th at appro and before days o f the a the half Leg session have and none o f the appropriation and supply bills have yet been prepared. In the second place, special $ 4 6 ,4 9 6 ,5 7 1 , against $ 3 9 ,9 7 6 ,9 6 0 , an The tax rate, in 1894 . In it is B rooklyn crease, and the annexed over in 18 95 o f only 6 £ m dlion dollars. estim ated , will $2 74 also there has be close been an in tax rate for 1895 (leavin g wards entirely against $2 62 £ ou t for of the 18 94 . It th e new ly- calculation ) is proper is to say th at m both cities the higher tax for S tate purposes has played some part in furth erm ore raising th e rate. B at note that provision exists for a very extensive increase in the will share in itable in any event. dollars, o f am en dm en t to the Constitu allow ance to $2 06 per $1 0 0 , against only $1 91 in 1895 and $1 79 causes m ake an increase in the yearly requirem ents in e v An an increase o f obligations o f th e two cities. T h ey the cost, am o u n tin g to several m illion b uilding th e new b ridge across th e E ast tion was adopted last a utu m n authorizing the creation River, and N e w Y o r k C ity will have to assum e at least o f a debt o f $ 9 ,0 0 0 ,0 0 0 fo r the im provem ent o f the fifty canals, and provision will have to be m ade each year the new R apid T ran sit road. to m eet th e interest is authority for other large outlays for debt. and sin kin g fu n d calls on this Then also the Legislature will have to provide m illio n poses. dollars o f in debtedness in con stru ctin g I n both cities, too, there W e are n ot concerned various pu r- now with the meric or at the present session for transferring the care o f th ed e - propriety o f any o f these plans in vo lv in g the assum p- pen den t iusane in this city to the State at large. tion the T h is Governor points out will m ean a fixed addition o f new obi gation s. W e wish sim ply to direct attention to the fact itse lf, m ade especially significant to the tax rate o f one-th ird o f a m ill, or $ 1 ,4 3 1 ,0 0 0 . in view o f the increase w hich has already tak en place M r. M orton also quotes a statem en t fro m the last re both in the yearly budgets and the yearly tax rate— -all port o f the State C om ptroller show ing th at five item s o f at a tim e when industrial interests have had to con ten d expenses alone— nam ely charity (in clu d in g the 2muper w ith a severe and prolonged depression. insane), the school system , th e m ilitia (exclusive o f T u rn now betterm ents), canal m aintenance, and ju d ges’ salaries— m en t. and which are m ore likely to increase with the years est urgency to the a f f i i r s o f the H ere m ost assuredly fo r econom y in N a tio n a l G overn there has been the great appropriations. As a th an to decrease, now call for a yearly outlay of $ 1 2 ,- result of th e depression iu business the revenues o f 7 0 0 ,0 0 0 , equivalent to a tax rate o f 2 '9 6 m ills on the ! the G overn m en t have been en o rm o u s'y c o n tracted as J ~ ll __• U .. 1 J a-l-.J. a... _ a , r. . ... . . _ J dollar. * W e m ig h t add th at the tax rate for the com pared with the period when business was prosper late year (w e m ean the actual am ou n t levied for all ous, and for several successive years there has been a purposes) was m aterially higher than in the years im large deficit below m ediately preceding, the figures being 3 -2 4 account o f our silver troubles the firu n eis of the G ov- m ills for the disbursem ents. M oreover, on January 35, 18'JS.J THE CHRONICLE. ern m en t have been tim e o f peace. distu rbed as never before any evidence th at it recognized a the needs o f the situa tion and reduced expenses accordingly ? it. in H as Congress du rin g these years given N o t a bit of A c c o rd in g to the official returns the yearly outlays have of been recent curred kep t close up years, such little b ein g m ainly due to the reduction to with Congressional volition . m ax im u m as figures has oc causes n ot connected L ea v in g the Post Office 157 expenses can be and sh ou ld be m ain tain ed . this disposition is the outgrow th o f travagance bred and fostered the d u rin g W e th in k h abits o f th at ex prosperous era in our national history, only a few years back, when the G overn m en t, th rou gh the collection o f sary taxes, was able to roll up a surplus o f m illion dollars Senator a year, and considered o f spending thi3 it every C ongressm an his surplus u n n e c e s 100 to 150 d u ty to w hich provide a w ould and way inure to th e ou t o f the accou n t, the expenditures o f the G overnm ent benefit o f his con stitu en ts. T im e s have greatly ch an ged were rou gh ly 36 7 4 since th en , b u t m illion dollars m illio n dollars in 1 8 9 4 -5 , while C arlisle estim ates them dollars. in fo r 1 8 93 1 and 356 1 8 95 -6 Secretary in his last report at 36 2 m illion A s recently as 1 8 8 7 -8 the aggregate o f them . our legislators have n ot ch an ged with T h e y have not yet learned th at econ om y is the need o f the hour. these N o th in g could show the prevailin g situation better expenditures was only 26 0 m illion dollars, or over a h u n than the fact that w hen, as at present, there is talk o f dred m illion dollars less th an at p resen t. a deficiency the proposition is to increase taxes rather N o t only are the disbursem ents being m aintained at the old h igh basis, than to reduce expenses. but we m ay go a step fu rth er and assert N o departm en t o f the G overn m en t sh ou ld be crippled th at hardly Is it n o t tim e to c d l a h a lt? any one in either H ou se o f Congress or in either polit in the sligh test degree, b u t every unnecessary expense ical party is u rgen tly insisting on should be lopped off. retren ch m en t and econ om y. N o r should years the m illion fou r it be forgo tten th at d u rin g the last tw o G overnm ent has dollars per cen ts, the fu rth er to m onth in vo lv in g an issue 4 reserve m illion issue addition to th e 162 than by increasing the burdens o f taxation w hich, even when lig h t, are borne w ith difficulty at a tim e o f a d verse trade con dition s. yearly dollars, and th at m illion dollars the gold add to five per cents and part 7 } m illion o f 100 protect will been obliged o f bonds, part interest charge o f about cen ts T h a t is the way to m ik e sure of a surplus on the operations o f the G overn m en t rather o f four per to be m ade next dollars m ore per year— O U R U N P R E C E D E N T E D IR O N P R O D U C T IO N . T h e statistics o f iron production for the late c a le n dar year which Mr. Jam es M . Sw an k , o f the A m erican c h a r g e all the m ore o b jectio n ab le because if Congress Iron would only rectify our currency situ ation they cou ld be public th is week, show th at 1895 will rank am on g the avoided. So far fro m there bein g an y desire to retrench most notew orthy years the talk Mr. Sw ank P residen t’s message regardin g V e n ezu ela , has led to the with which in trodu ction o f an entirely new crop o f bills fo r the ex m aterially to their usefulness. war of the last few weeks, induced by the & Steel Association at in P h iladelph ia, has m ade our deserves great iro n -m a k in g he issues his returns, th u s ad d in g penditure o f m oney— for guns, a m m u n itio n , arm am ents, publication about tw eaty days after year, and they are very fu ll and c om p lete. to for such expect, in purposes. view of It would be too m uch what has happened, there will not be a considerable increase in that certain o f We have said markable one. th at T h is very T h e y are furnished for defences, A c ., som e proposing to appropriate fabulous a m o u n ts history. credit fo r the prom ptness the year the close o f will rank as is so for two reasons. a the re F irst, because more iron was made than in any previous year, u n fo rtu n ately C o n »nd, secondly, because a w onderful and com plete change gress has given us no reason to th in k th at an augm en ta •'ccurred in the condition o f the trade d u rin g the twelve tion here will be m et by a cu rta ilm en t o f expenditures m onths, the outlook at the b eg in n in g o f the year not elsewhere. having pointed the item s here en u m erated, and In deed , it is seriously proposed to add still further to our already excessive pension disburse which m ents. nowever, the The truth is, n oth in g present outlook than the is more rem arkable in the lack o f effort and the lack of disposition to reduce G overn m en t expen ditu res. W h ile with to any such favorable results as those now distinguish iron the trade the ch an ge in period. In th is ch an ge, only reflected and k ep t pace the general industrial situ ation . A fte r the great coal strike in the first h a lf o f 18 94 , which brought iron -m ak in g alm ost to a stan dstill, there was a all our great industrial corporations and ail our railroad pretty general resum ption o f work du rin g the last hal f of corporations have been 1894, and the close fou n d the production on a fairly large in every business forced to curtail direction, while every m an has m erch an t been obliged to legislators are appropriating m oney with the same prodi scale. In other tin ctly m anifest ju s t as there words, a revivin g tendency was die the latter part o f had been in the the previous y e a -, course of general trade. in en tire disregard D u rin g the early part o f 18 95 , how ever, this revival the fa c t th at business con d ition s since 1893 have was arrested and held in ch eck by the critical state o f the gality as b efore. of and every practice econom y both in his business and his h o m e , our votin g and their outlays T h e y are a ctin g n ot been normal and th at the whole population has Treasury in the m atter o f its gold reserve. suffered tract with the Syn dicate rem oved dou b t on th is point, because o f the prolonged depression and un favorable condition*. It strikes us that different fro m what o f adversity in the ment o f and as confidence developed and in this situ ation is it has been at any previous period cou n try ’ s h istory, for a spirit o f characteristic o f particular the econom y has been a notew orthy form er epochs o f th is our legislators seem to be im bu ed with the country is too big and k in d . the idea N ow , th at too rich to su b ject itself to the rules which govern elsewhere and tained in the p u t , and the develop th at the which scale o f T h e con becam e firm ly e sta b lished, the iron trade showed the beneficial effects, an d the m ovem ont gained in stren gth and fo rce, u n til fin ally we were treated to an old fashioned which prices advanced production m on th ly reachod record kept with m arvelous unprecedented boom , du rin g yap d ity and figure*. The by tho " I r o n A g o ” o f th is city shows that at the begin n in g o f the year the cap acity of have ob ! the furnaces in blast was 1 6 8 ,4 L4 cons per w eek, that g overn m en t 1 from this there wa3 a decline to 1 5 6 ,5 5 4 tons per week THE CHRONICLE. 158 on May 1, that then there was a steady and u n in te r [Y ol. LX If, T h e extraoi din ary total was reached without any la rg e rupted increase to 2 1 7 ,3 0 6 tons on N o v em b er 1, w ith a or decrease to 2 1 6 ,7 9 7 tons on D ecem ber 1 and 2 0 7 ,1 8 1 tons roads b ou g h t cars and locom otives and general s u p January 1 1896. In prices there was quite a m arked re action during the later m onths. lound the trade again T h e close o f the year in a rather un settled state, in exceptional dem and fro m the railroads. The plies and m ade repairs and renewals with som ew h at more freedom than they did in the previous year, and yet they b ou g h t only sparingly. new ra il M oreover » r t because the upward m ovem en t had reached som e road construction was down to a m in im u m — in fa ct th e what extreme figures, but m ain ly because the Treasury sm allest in about ituation was g iv in g track laid was less than 2 ,0 0 0 m iles. and the renewed grounds for uneasiness President’ s V en ezu elan message had in tro th irty years. y ears' when th e iron nam ely political and financial w o rld . ively 5 ,6 0 0 miles and 4 ,6 0 0 m iles. o f the make o f pig m etal du rin g year. The statem ent fo r th at the m onths would reach pounds. w ithin T h is five for was especially A n average of about tons o f iron a mile would be a sm all allow ance for the rails required for the new m ilea ge; M r. Sw ank years on the heavier am ou n t o f o u tp u t du rin g the last six large. m illion gross tons o f 2 ,2 4 0 to have been well la rg e , 10 0 th at basis ton s, and th e new I n the other two 1 8 9 2 , the new m ileage was respect m o n th s had estim ate proves the m ark, last h alf o f the the first six shown a product o f 4 ,0 8 7 ,5 5 8 then estim ated the and product duced an entirely u n expected d istu rb in g agency in the M r. Sw ank's statistics serve to reveal the m agnitude 1 8 90 A lto g e th e r the difference C onsidering that in favor but of new even on th e earlier construction is- difference, th e increase on the 1895 m ake o f iron is really greater and m ore n o te w orthy than appears by th e face of the totals. actu ally th e m ake o f iron in I t is im portan t to observe, too, th a t the large p ro d u c these six m onths, as now reported, was 5 ,3 5 8 ,7 5 0 tons. tion was n o t attended w ith any increase in stocks b u t N ever previously has the outpu t rather with a decrease. m on th s reached as m u ch in any period o f six a3 five m illio n ton s; the argest previous am ount was 4 ,9 1 1 ,7 6 3 tons in the s e c ond h a lf o f 18 9 1 , when the product had been curtailed by coke regions. com pared m ark, As in the first h alf the strike in the O onnellsville with th at the product the last h alf o f 18 95 increase o f 4 4 7 ,0 0 0 tons. The In c lu d in g the stocks the warrant yards o f the A m erica n D ecem ber 31 1895, against 5 2 0 ,5 9 0 1895 and 6 6 1 ,3 2 8 tons D ecem b er 31 h igh -w ater turns do not include p ig iron fro m the furnace bank, nor p ig follow in g gives the b y rollin g sold and iron E-r;: basis, stocks declined up to the 1st o f Gross Tons. Gross Tons. 1891—1st h a lf................... 3,368,107 2d h a lf................... 4,9 1 1,76 3 1 892— 1st h a lf................... 4,769,683 2 d h a l f...................4,3 8 7,31 7 1 89 3 — 1st h a lf...........4,5 6 2,91 8 2 d h a lf...................2 ,561,584 1894— 1st h a lf...........2,717,983 2d h a lf................... 3,939,405 1 89 5 —1st h a lf................... 4,037,558 2d h a lf...................5,3 5 8,75 0 1885— 1st h a lf................... 1,920,371 2 d h a lf....................2 ,1 2 4 ,1 5 4 Xg8(i— 1st h a l f ................. 2 ,6 3 7 ,6 8 2 2d h a i r ..................3,0 4 5,64 2 1 88 7 —1st h a l f .............. .3 ,0 1 9 ,2 9 1 2 d h a l f .............. 3 ,3 6 7,85 1 B88—1st h a l f ................. 3 ,0 2 0,09 2 2 d h a lf................... 3 ,4 6 9,64 6 889—1st h a lf................ 3,6 6 1,60 3 2d h a l f ................. 3,9 4 2,03 9 580—1st tia lf...................4,5 6 0,51 3 2d h a lf................... 4 ,6 4 2 ,1 9 0 stand unexcelled, bu t the record' fo r the whole year as already stated also stands unexcelled. F or the twelve m onths the product is 9 ,4 4 6 ,3 0 8 tons. 9 ,2 0 2 ,7 0 3 tons in 1890, there is an increase in the com pared w ith which one case o f p retty nearly 3 0 0 ,0 0 0 tons and in the other o f pretty nearly tons. In 1894 the product was very sm all, 2 5 0 ,0 0 0 reaching only 6 ,6 5 7 ,3 8 8 tons, it h aving been reduced by the de pression in business and the great strike in the b itu m inous coal regions, which lasted fro m A p ril 21 to June 1 8 , and in some cases even longer. 14»t Ihe i figures o f th e As com pared with 30 not rem oved m an u factu red Tak “ Ir o n A g e ” as a N o v em b er, b u t during the succeeding two m onths to Jan u ary 1 1 8 9 6 increased again to som e ex ten t. I n th e have undertaken to yearly based on Sw ank. the show changes W e also add th e in fo llo w in g we con su m p tion , stocks reported th e b y M r. im p o rts, ta k in g , how ever, not m erely the im portations o f the p ig m etal, b u t of these im ports som e steel. It increase w ill b e seen th a t in occurred total o f 1894 . fu ll T h e best previous annual totals had been 9 ,1 5 7 ,0 0 0 tons in 1892 and m on th ly all kinds of iron and , N o t only does the record for the last h alf o f the year June T h ese re m ill proprietors fo r their own use. in g th e tons 1894. h alf-yearly figures back to 1885 . PRODUCTION OF PIG IRON IN HALF-YEARLY PERIODS. held in Iron Storage W a rra n t C om p an y, aggregate stocks were 5 0 6 ,1 3 2 tons records an P ig IRON PRODUCTION, STOCKS, IMPORTS, Tom of 2,240 Ponds. 1895. 1891. over &C. 1892. 1893. th e lo w 1891. 1890. St’ k o f pig beg. of yr.* 161,328 707,318 535,616 627,233 001,858 283,879 Product’n dur’g year. 9,446,305 0,657,388 7,124,502 9,157,000 8,279,870 9,202,703 Total supply.......... 10,107,636 7,364,716 7,600,118 9,78»,233 8,941,728 9,486,582 Stock end o f year*.. 600,132 601,328 707,318 535,616 627,233 661,858 Consum p. o f home pig 9,601,504 6,703,378 6,952,800 9,248,617 8,314,4P5 8,824,724 Imp’ts o f iron & steel. +375,000 319,290 438,495 494,468 557,882 065,771 Tot. consump., tons 9,<-76,504 7,012,008 7,391,295 9.743,085 8.872.377 9.490,495 * Including 36,200 tons net held in the warrant yards o f the American Pig Iron Storage Warrant Company Dec. 31,1839, not under the control o f makers; 52,937 tons Dec. 31,1890; 30,900 tons Dec. 31, 1891; 29,500 tons Dec. 31, 1892; 45,250 tons Dec. 31,1893; 03,640 tons Dec. 31,1894, and 01,800 tons Dec. 31, 1895„ f December imports estimated. ; « of course the show ing is strikin gly favorable, j .'ease being over 40 per cen t. vivir . the yearly produ ct, classified so as cate t „ e am ount of iron m ade A m o n g the H ere' is a table w ith to in d i each, kin d of two W estern PRODUCTION o r IRON ACCORDING TO FUEL DSHD. Tonj of 2,210 lbs. 1835. 1801. 1893. 1892. 1891. 1880. Bituminous................. 7,960,008 5,520,224 6,300,184 6,822,200 6,830.798 0,383,147 (1297,040 1,608,093 1,560,; 81 U)37,140 Mixed anthr. coke 1,270,809 914,712 Anthracite alone — * 49,883 229,020 305,827 ‘249,271 222,422 Charcoal........ .............. 225,341 350,789 537,021 576,964 028,145 & l l and Illin o is , have the best records, as each shows the largest years. fu e l. in divid u al S t a tis , P en nsylvan ia and the States, O h io The w ell, hut their best to th e Southern m ost of th em previous strik in g States o u tp u t have also did n ot p e ifo rm a n c e . in done com e W ith recent qu ite up to reference pre-em inence h eld by P en n sy lv an ia , th at State con tin u in g to m ake about 50 per cent o f the produ ct fo r the entire cou n try, M r . S w an k directs T otal....................... 9.440,308 0,667,388 7,121,502 9,157,QUO 8,279,870 9,202,703 a tten tio n to the fa ct th at A lle g h e n y C ou n ty alone p ro M r. Swank points out that the great increase in p ro duced 2 ,0 5 4 ,5 8 5 tons, and that this was 5 9 0 ,7 9 6 tons duction was largely caused by the extraordinary dem and m ore than the produ ction for Bessemer pig, w hich dem and was in turn chiefly th a t o f Illin o is, and nearly tw o and a -h a lf caused by the o f A la b a m a ; and y et, he says, O h io , Illin o is extraordinary dem and for structural steel. bam a m ade splendid T h is suggests a very notew orthy feature about the o u tp u t o f 18 9 5 , m ak ing it additionally significant. 1894A o f O h io , m ore th an double tim es th a t and A l a records in 1 8 95 as com pared w ith Comparisons^ fo r] the nished in the follow ing. various States are fu r -- THE CHRONICLE. Jantary 23, 1896.] I'AODL'CTIOS OF PIG IBOS BY STATES. 1895. S o , Stales— Alabama— Tirginia..... Tennessee W, Virginia.. Kentucky.,.. OeoTjjia........ Maryland.,.. Texas.......... N. Carolina.. T ons. i s to I n 400-15. Bales. 1889. 1 I *0 O I S A few word* as to the coarse o f prices d a r in g the W e hare already stated th at th e rise was rapid, reaching the proportions o f a b oom . e ic h in the the of rise in pronounced in th e case o f lets, and in those iron , m ore particularly iron and steel was most B essem er pig and steel bil most n otew orth y. F o r Bes sem er pig (» t P ittsb u rg ) the price early in th e y -ar was per ton , in .Septem ber over # 1 7 , in D ecem b er le.-a than # 1 2 . Steel billets rose fro m a bo u t #14 to #2 4 and r • acted to #17. In oth er grades o f fluctuations were less violent. was m arked held there. up iron and steel the F o r steel rails the price from #22 to # 2 8 , and has been firm ly W e giv e the fo llo w in g to show the aver age price# fo r the year (th e whole tw elve m on th s) on a n u m ber of lead in g grades of iron and steel in 1895 as w m p a r e d with the seren years p recedin g. It will be observed th at while the averages are all h igh er than for 18 9 4 they are, with that ex cep tion , the lowest o f all the years g iv en . AVBRAOE TKAttlY VKICTt» OF SBOS kSU(STSSt, 1886 TO 1895. uses. h n . 1993. m i . m i . m o . i m . t g » 1 1 ( 1 « * i t A H U Im - oida m T nUm*t pmi» ..toa.ts» ista m -m No. Phil. " ISM ISrtS It ST Gray foree pi* Iron irtPhtt. “ 5t «» I> T l l i t s G :» j tu r g * P h i ir o n , L u k e ore,*t I’ ttt.tmrt.......... “ M M »7S H I T BsswiM'rpisHmnat TO a. " MIS 1138 1( « i Bteel rnll» .it mill* In P a.. - S i l l MOO f t B fit 1 ftllle'ftnt mlllff at Pitt*. - 1819 W it SOM 8- <! refined h n e iron from •tore at Phil*........... 100 It*. I tt 184 170 Alt mack bar ir o n « t m u . •• 1SS 190 150 n w. IS7S HSt the have prepared seasons from the fo llo w in g , which, 18 8 8 to 1895, in c lu It was caused instances also the reaction towards the close o f the year was #10 692,000 9,134,000 sive: ssis im m It M 1910 It S» 1 S 8S l i t * 18 2 1 MSI U 08 4S7X lis t ISOS I* S6 1000 K M St 75 » 8 3 S3SS SOM la in 1»<» » « SW4A 1SS9 17St MSS !W7S 187 190 1 84 1 71 IM 151 2 01 177 2 00 18£ B r ita in . 1395............... 1891................. 1893................. 1892. ............ . 1891................. 1990................. 18 89................. 1888................. a t. 79.000 4.112.000 92,000:4,020,000 •200,000;3,599,000 103.000 3.843,000 204.000 4,138.000 193,000:1,152,000 09.00013.919.000 290.000 3.031,000 4.191.000 4.112.000 3.799.000 4.008.000 4.340.000 4.345.000 4.018.000 3.921.000 4,080 .000 111,000 1,083 ,000 79,000 3,707,,000 92.000 3,808,,0 0 0 200,000 •1,175,,0001163,000 4,141,,000:204,000 3,825,.000 193,000 3,822,,000 99,000 C o n tin e n t. 1895................. <313,000 5,022,000 5,635,000 5.101,000 .3 1 9 ,0 0 0 M 56,000 5,475,000 4.802,000 1894. 284.000,4,020.000 4,904,000 4,085.000 1893. 332,000; 1,528.000 4,80O,OOOj4,570,000 1892. 279.000 1,004,000 1,883.00(1,4,551.000 1891. 179,O0<> 1,481,000,4,800,Oimj, 1,391.000 1890. 147.000 4,158,000 4,300,000:4,121,000 1889. 473.0003.522.000 3,995,00Ci'3,848.000 1888. 78,462 77.558 71.288 73,231 80.288 79,634 73.558 73.500 474.000 99.250 013.000 93.500 319.000 88,173 '281,000 88,000 332.000 87,519 279.000 84.250 179.000 79.250 147.000 74,000 A ll E u r o p e , 1 8 9 9 ... ........ ,092.000 8,134,000 9.828.000 9,241,1,000 585 .000 1894................. 411,000 9,170,000 9.587,000-8,895,>,000 002,,000 1893— ............ 484.000 8,219,00018,708,000 8,292,1,000 111,,000 1892 ............... 197,000 4,371,000 8,868,000 8,384 ..000 484, 000 1891.................. 483,000 8.740,000 9,223,000 8,720,000 197, uoo 1890................. 372,000 8,633,000,9,005,000 8,522, ,000 483,,000 1389 ................. 246,000,8,072,000 8,318,000 7,916,000 372,,000 1888................. 703,000-7,153,0007,910.000 7.070,000 240,,000 sets it it Spin'rs’ Weekly Con Slock Takings, j Supply. sumption, Stock OonJan, 1. Dec. 31, sumpt’ n S p i n ’ r s '; B a la o / 400 Lb*.. price o f the raw m aterials m m a fa c tu r e coke and o re s1 T h e other, we embraces n o t alone by the sadden dem and for iron and steel b a t used Total, 79,000 ! 613,000 4,112,000 : 5,022,000 the relation the figures for a n u m ber o f years bear to M46,3*38 0.867,388 7,124.5 2 9,157,000)8,279370 MO2;70a 7,003,642 also by advances in Gt. Britain. Continent. Stocks January 1 ,1 8 9 5 ...................... T o n s, Tong. T on s. 915,290 795,673 816,911 706.639 342,847 295,292 292.779 224,425 4.191.000 5,635,000 9.826.000 300,081 291,738 267.626 253,085 Consumption........................................ 4.080.000 5,161,000 9.241.000 90,283 129,487 105,258 154,793 47,861 58,548 44,844 37,902 Stocks January 1, 1896.................... 111,000 474,000 585,000 9.950 49,858; 29.185 24.606 Weekly consum ption......................... 78,462 < 99,250 177,712 99,131 leases' u t .sso 30,221 18,062, 9,701 8,013 4,057 2,840 2,908 3,217 I t will be observed th a t the surplus stocks at a ll 2.583 1.597.299 1,890,197 1,708,903 1.744.180\398.8U E u rop ean m ills at the close o f the y ear are estim ated 4,193,805 3,052,38: 4A 15.320.3,733,252 at 1 0 7 ,0 0 0 bales o f 4 0 0 lb3. each less than tw elve 875,263 l,«l,m ;i.0 3*.')13:1,240,330,1,(1SS,S32 191,113 310,395 315,112 329,805 205,399 m on th s ago, n otw ith sta n d in g the fa c t th a t in the in 92.49*) 158,739 112,226 -4.305; 87,975 i 06.261- 949,450 069,202 701.106 536,633 terim the visible su pp ly has decreased over 7 5 0 ,0 0 0 213.145 117.538 184,121 330,769 191,389 bales of ordinary w eights. T h e fo reg oin g statem en t 131,772 171,961 197.10C 2I9.SA4 HI.CSS 57.02O 29.229 32.360 89,777 78,955 presents the results for 1895 o n ly ; to bring out clearly 86,505 8S.KO 67,167 72.S34 81.972 .m 1 1890. 726,888 362.856 207,913 81,591 47,5*11 39,675 151,773 9,257 2.813 PennaytY^la O h io ......... 1,4-53,7® New York ... 131,702 175,185. 55,502 63.273 New Jersey,. Illinois......... 1,006,091 W1.79S01,232 95,171; Michigan.... Wisconsin .. 118,400 91,89:. Missouri---ajm j 27,518 82,2! i Ail otters... year. 1891. Tom . Tom . T o n s. 8$Md7 592,392 346,580 298,086; 248.129 212.773 141,968 80,781: «.%■>•• SS.SM : 31/34 40,268 5,300' 10,013 4,082 4,671 323 Total......... i,702.oss i s m 1892. 1893. 1894. j SPINNEH8' TAKBSS, CONSUMPTION AND STOCKS IN 1895. s T o m o f 2,840 Pm m & e. 159 177.712 171,058 159,401 101,231 107.807 163,884 152.808 147,500 T h e com parisons in dicate the rapid exten sion o f c o t ton m an u factu re on the y e a r s ; in Great B ritain crease in 18 9 5 . From C on tin en t there 1888 to m ills o f the U n ited K in g d o m con su m p tion o f was a m arked the fa llin g was raw the 1891, steadily e ig h t however, th e increased th e ir m aterial, but off, follow ed past p ra ctic illy no i n in 1 8 92 th ere by a fu rth er de crease in 1 8 9 3 , the adverse results baiug due each year in considerable measure to labor troubles in L m cashire. C O TTO N S U P P L Y A N D C O N S U M P T IO N IN E U R O P E . In 1 8 9 1 there was a recovery to of M r. E llison ’ s “ A n n u al Review o f the O otton T rad e 1 8 9 1 ; this year the slig h tly added to. 1 8 94 very near the figures con su m ption is only T a e C o n tin en t, o a the other h a n d , fo r the Y e a r 1 8 9 5 ” was israed in Liverpool on Tuesday startin g with a con su m pti m o f the present week and, fo llow in g our usual c u sto m , lbs. each per week in 18 88 , we have obtained interest c u lm in a tin g in a total of 9 9 ,2 5 0 bales per week in 1 8 9 5 , contained by cable all therein. The the results o f statistics E llison cover not only the figures o f com p iled by M r. su pply and c o n sum ption for the calendar year a n ! the first quarter o f or an increase fo r the of has 7 4 ,0 0 0 period consum ption, e tc ,, for the period that m ill owners were dissatisfied Septem ber 3 0 , 1890. results o f W ith regard to the calendar year 1895 the figures 400 covered of 34 p er A lth o u g h at tim es d u rin g the year advices fro m the m an u factu rin g Jan u ary 1 to of cen t. the new crop season, bttt detailed estim ates o f im ports, fro m bales m a le con stan t g a in s, districts of G reat B r ita in wish the operations, they have been m u ch in dicated financial more fa vorably situated than in any sim ilar period since 18 9 0 . show that there has been only a sligh t addition to the O ur cable 3tate3 th at 95 corporations in the O ldh am con su m ption of G reat B ritain , bu t th at on the C on ti district m ade an aggregate profit o f £ -1 3 ,3 2 9 , or £ 6 6 7 n en t the increase has been m aterial. T h e actual re su lts for 1 8 9 5 , in 4.00 lb . bales, are as fo llow s: per m ill. The follow in g statem ent shows the finan cial results to these m ills since 1 8 8 3 : THE CHRONICLE, 160 1 8 9 5 . . . ............ 9 5 C o m p a n ie s — P r o fit , £ 6 3 , 3 2 9 . L oss, 1 5 ,8 3 7 . “ 1 8 9 1 .................... 9 3 “ 7 2 ,7 6 8 . 1 8 9 3 .................... 9 3 ** • • 1 0 1 ,4 3 4 . 1 8 9 3 .. .........................9 0 P r o fit , 1 0 ,7 6 3 . .93 1891. “ 3 7 6 .0 1 1 . .9 0 1890. 2 2 0 ,5 8 7 . .86 1889. “ 2 5 0 ,9 3 2 . 1888. ..85 8 5 ,8 1 0 . ..88 1887. 6 1 .7 1 8 . Loss, ..9 0 1886. 2 ,7 3 0 . .8 7 1885. P r o fit , 1 2 5 ,0 00. 1 8 8 4 .................. 6 0 P r o f i t p e r m ill, £ 6 6 0 177 L oss 4 .1 7 8 2 ,5 6 5 2 ,9 5 2 97 68 1 L oss 3 J 2 ,0 8 3 P r o fit While this year’s exhibit appears particularly favor able as compared with the three preceding years, when losses were sustained, or with 1891, when a merely nominal profit was secured, it loses its favorable char acter largely when contrasted with either 1890, 1889 or 1888. The exports of yarns and goods from Great Britain were 23,660,000 lbs. less in 1895 than in the preceding year but greater than in either of the three previous years. The details of these exports by months and quarters for 1895 and 1894 were given in the C hronicle of January 18, page 144. We have also received by cable the figures for the three months of the season since October 1. The spin ners’ takings, weight of bales, &c., are given as follow s: Total. Estimated. Actual. 8 9 3 .0 0 1 ' 501 4 4 7 ,3 9 3 ,0 0 0 490 4 7 1 ,3 8 0 ,0 0 0 F or 1894. T a k in g s b y a p n n e r s . . . b a le s A v e r a g e w e ig h t o f b a le s .lb s . T a k in g s In p o u n d s .................... 9 0 0 ,0 0 0 502 4 5 1 ,8 8 0 ,0 0 0 1 ,2 1 7 ,0 0 0 2 ,1 1 7,00 1 4 93 4 9 6 -9 6 0 0 .2 5 3 ,0 0 0 1 ,0 5 2 ,1 3 3 ,0 0 c ot year. The total spinners’ stocks in Great Britain and on the Continent have increased 41,000 bales during the month but are now 107,000 bales less than at the same date last season. The cable also brings us Mr. Ellison’ s estimate of imports, consumption, etc., for the remaining n in e months of the season 1895-96. So far as American cotton is concerned, the results are based on a yield of 7,000,000 bales. The aggregate imports from all countries during these nine months are placed at 4.415.000 bales, which is a decrease of 888,000 bales from the amount received in the like period of the pre vious season. This 4,415,000 bales is made up o f 2.804.000 bales from the United States, 1,070,000 bales from East India, 361,000 bales from Egypt, 30,000 bales from Smyrna, etc., and 150,000 bales from Brazil, West Indies, etc. Presented in tabular form , the esti mate is as follows, comparison being made with the re vised results for 1895 and 1894 : IMPORTS JANUARY 1 TO SEPTEMBER 30. F or 1895. T a k in g s b y s p i n n e r s ... b a l e A v e r a g e w e ig h t b a le s .lb s T a k in g s In p o u n d s .................. 9 6 2 ,0 0 0 The foregoing shows that the weekly consumption is 783 now 182,000 bales, of 400 pounds each, against 177,000 1,12= 110 bales, of like weight*, at the corresponding time last P r o fit October 1 to January 1. Oreat Britain. Continent. [V o l . L X U . 1,855,00< 495 3 9 1 8 ,7 7 3 ,0 0 4 1896. A m e r i c a n ............................................................. 2 ,8 0 4 , 0 0 0 E a s t I n d i a n ....................................................... 1 ,0 7 0 ,0 0 0 E g y p t i a n ............................................................... 3 6 1 ,0 0 0 S m y r n a , <fco......................................................... 3 0 ,0 0 0 B r a z il, W . I ., & c ............................................... 1 5 0 ,0 0 0 T o t a l ................................................................ 4 ,4 1 5 , 0 0 0 I n b a le s o f 4 0 0 l b s ........................................... 5 ,1 9 7 ,0 0 0 S t o c k i n E u r o p ’ n p o r t s , b a l e s 4 0 0 lb s . 2 ,1 2 4 ,0 0 0 Actual . 1895. 1894. 4 ,1 1 0 , 0 0 0 3 ,1 3 5 , 0 0 0 7 2 4 , 0 0 0 1 ,0 9 9 , 0 0 0 3 5 1 ,0 0 0 4 2 7 ,0 0 0 2 9 ,0 0 0 3 8 ,0 0 0 8 9 ,0 0 0 3 1 7 ,0 0 0 5 .3 0 3 . 0 0 0 6 .3 9 3 . 0 0 0 2 .3 8 4 . 0 0 0 6 9 2 ,0 0 0 5 ,0 1 6 , 0 0 0 5 ,7 8 3 ,0 0 0 2 ,2 8 1 , 0 0 0 4 1 1 ,0 0 0 According to the above the average weight of the deliveries in Great Britain is 501 pounds per bale this S t o c k a t m ills , b a le s 4 0 0 l b s ..................... 5 8 5 ,0 0 0 b s ......................... 7 , 9 0 6 , 0 0 0 9 ,4 6 9 , 0 0 0 8 ,4 7 5 , 0 0 0 season, against 502 pounds during the same time last C o nTs uo tma pl ,tiion nb,a3le9 sw 4e 0e k0 sl............................... 7 ,0 2 0 , 0 0 0 6 ,8 7 5 , 0 0 0 6 ,6 4 3 , 0 0 0 season. The Continental deliveries average 490 pounds S t o c k a t p o r t s a n d m il l s S e p t . 3 0 ........... 8 8 6 ,0 0 0 2 ,5 9 4 , 0 0 0 1 ,8 3 2 , 0 0 0 against 493 pounds last year, and for the whole of O f w i n c h a t t h e m i l l s ................................... 3 0 0 , 0 0 0 6 5 3 ,0 0 0 3 9 8 ,0 0 0 Europe the deliveries average 495’3 pounds per bale L e a v i n g a t t lie p o r t s , b a l e s o f 4 0 0 lb s . 5 8 6 , 0 0 0 1 .9 4 1 .0 0 0 1 .4 3 4 . 0 0 0 against 496-9 pounds last season. Our dispatch also I n a c t u a l b a l e s ................................................. 5 4 0 , 0 0 0 1 .6 0 5 . 0 0 0 1 .3 1 4 . 0 0 0 These estimates, it will be noticed, make the com gives the full movement for this year and last year in bined stocks at ports and mills in Europe on Septem ’ bales of 400 pounds. her 30 next 886,000 bales of 400 lbs. each, or 1,708,000 1895. 1894. Oct. 1 to Jan. 1. bales less than at the same time in 1895. Making com Bales of 4 0 0 lbs. each. 0 O7llU Oreat Oreat Conti parison with earlier years, we find that not since 1889, 0 0 0 8 omitted. Britain. nent. Total. Britain. nent. Total when the total mill and port stocks reached only 807,58, 595, 653, 16, S p in n e r s ’ s t o c k O o t l . 348, 364 000 bales, has the European supply on September 3Q T a k in g s In O c t o b e r . .. 316, 282, 598, 381, 289, 670 fallen to so low a point as this estimate indicates. 374, T o t a l s u p p ly .......... O o n s u n ip . O o t ,, 4 w k s . 328, 877, 400, 1 ,2 5 1 , 728, 397, 328, 380, 708 S p in n e r s ’ s t o c k N o v . 1 a k t n g s In N o v e m b e r . 46, 373, 477, 376, 523, 749, 69, 364, 257, 577, 326 T o t a l s u p p ly .......... O o n s u n ip . N o v ., 4 w k s . 419, 1 ,2 7 2 , 433, 328, 853, 400, 728, 328, 834, 3S0, S p in n e r s ’ s t o c k D e o . 1 91, 430, 453, 521, 544, 951, 105, 384, 454, 634, 637, 1 ,0 3 4 911 1 ,2 6 7 708 BUSINESS IN ENGLAND IN 1895. [C o m m u n ic a t e d b y O u r L o n d o n C o r r e s p o n d e n t .] L o n d o n , Saturday, January 11, 1896. The year 1895 began amidst the most cheerful T a k in g s in D e c e m b e r 1 ,0 1 8 anticipations that have been entertained here for a 521, T o t a l s u p p ly ........... 974, 1 .4 9 5 , 489, 1 ,0 8 8 , 1 ,5 7 7 , long time. The depression that followed the Baring O o n s u m p . D e o »* 5 w k s . 410, 500, 910, 410, 475, 885 crisis had completely passed away, confidence was thor B p ln n e r s ’ s t o c k J a n . 1 111. 474, 585, 79, . 613. 692 oughly re-established, active business was doing upon The comparison with last year is made more striking the Stock Exchange, and a steady improvement in by bringing together the above totals and adding the trade had set in. People everywhere looked forward average weekly consumption up to this time for the with bright hopes, and for a long time those hopes two years. were fulfilled. Oct. 1 to Jan. 1. 1895. 1894. The war between China and Japan was still going Sales of 4 0 0 lbs. each, Oreat Conti Great Conti Totai on ; bat the European Powers and the United States, 0 0 0 * omitted. Total. Britain nent. Britain nent. had not interfered. It was generally assumed that tha S p in n e r s ’ s t o o k O o t. 1 58, 595 653 16. 348 364 T a k in g s t o J a n . 1 ___ 1 ,1 1 9 1 ,1 7 9 2 ,2 9 8 1 ,1 2 9 , 1 ,5 0 0 . 2 ,6 2 9 , two belligerents would be allowed to settle their differ ences in their own w a y ; for though Lord Rosebery S u p p ly ........................... 1 ,1 7 7 , 1 ,7 7 4 . 2 ,9 5 1 . 1 ,1 4 5 . 1 ,8 4 8 2 ,9 9 3 , O o n s n n ip t ’ r , 1 3 w e e k s 1 ,0 6 6 1 ,3 0 0 , 2 ,3 6 6 1 ,0 6 6 , 1 ,2 3 5 . 2 ,3 0 1 , had invited the other Powers to offer their good offices S p in n e r s ’ s to i k J a n . 1. 111 474 585 79 the proposal was rejected by Germany, and nothing 613 692 Weekly Consumption came of it. In the end peace was made. But when it 0 0 s omitted. was found that Japan had insisted upon the cession o f I n O c t o b e r ................ 8 2 ,0 1 0 0 ,0 1 8 2 ,0 8 2 ,0 9 5 .0 1 7 7 .0 I n N o v e m b e r ........... 8 2 ,0 the Liao-tnng Peninsula, Russia induced^ France and 1 0 0 ,0 1 8 2 ,0 8 2 ,0 9 5 .0 1 7 7 .0 I n D e c e m b e r ........... 8 2 ,0 1 0 0 ,0 1 8 2 ,0 8 2 ,0 9 5 .0 1 7 7 .0 Germany to join with her in opposing that condition*. 559, -\ J a n u a r y 35, 1896. | THE CHRONICLE. 161 and Russia was successful. For a little while this trade continued wonderfully good, though there was a made a bad impression in London. It was feared that marked falling off in our foreign trade, particularly in the three Powers bad obtained excessive advantages for our exports. Daring 1894 there were many signs of a themselves, and it was also feared that Russia was recovery in our foreign trade. But the Board of Trade about to annex a considerable part of China. This returns did not confirm those signs. Strangely bad impression was increased when Russia guaranteed enough, the Board of Trade returns continued unfav a loan to China, raised in France, amounting to 16 orable through the first half of 1895, although the millions sterling, Gradually, however, the apprehen revenue returns, the railway traffic returns, the mar sions excited by these events passed away, and it was ket reports and the trade- circulars all testified to a hoped that the world could lo o t forward to a long con marked revival. The explanation is to he found in the fact that there was a marked improvement in some tinuance of peace. But unfortunately the state of Armenia had been directions, while there was a considerable falling off in going from bad to worse for a long time, and now the other directions. The United States had imported Armenian agitation became active. Even in the little for a year or two. Bat- early in 1895 American streets o f Constantinople a demonstration was made. purchases of our goods increased rapidly, and they Then the Armenian massacres took place, and it continued very large up to the very end of the year. looked as if Turkey was drifting into anarchy. Sir Other countries likewise increased their purchases. Philip Carrie, the British Ambassador at Constanti But on the other hand there urns a marked falling off nople, urged strongly upon the Saltan the necessity for in the purchases for Iudian account. And while the reform , and the British Government succeeded in in war between Onina and Japan lasted there was a fall ducing the Russian and French governments to join ing off likewise in our exports to those two countries. with it in supporting Sir Pnilip’ s action. When matters The result was that until the very middle of the year reached a critical stage Germany, Austria-Hungary the falling off— more particularly in the trade with the and Italy hang back, and ramors circulated that Far East— almost counterbalanced the improvement in Germany was endeavoring to thwart England in her other directions. Since the middle of the year, how action. The anarchy in Tarkey at length became so ever, there has been an unquestioned improvement in grave that serious apprehension was excited here in the whole volume of our trade. For the entire year London. But Lord Salisbury’s speech at the Lord the value of the imports amounted to £416,687,630, Mayor’s banquet on the 9th of November reassured the being an increase oompared with the precediug year of European public. H i addressed a strong warning to £6,343,820, or rather more than 2 per cent. The value the Sultan, and he assured his hearers that the Great of the exports of British and Irish produce and manu Powers were acting in full accord. And he repeated factures was £226,169,174, an increase of £10,314,841, the same statement a little later at Brighton. Other or over 4£ per cent. governments gave similar assurances. But very little Ia the imports the increases are chiefly in the raw effect was produced in Turkey. materials for manufactures. There is also, however, a While the Powers were thus urging the necessity for considerable increase in food and drink free of duty. reform upon the Saltan, Presilent Cleveland's Venez I In the exports the largest increase ia in yarns and textile uelan message was sent to Congress. One result of fabrics; next in unenumerated articles either wholly or this was a general feeling throughout the United partially m anufactured; and next in machinery, mill Kingdom that if strained relations between ourselves work and metals. As already said, the U nited States and our American kinsmen were to follow it bshooved has very largely increased its purchases. So have Ger us n ot to meddle too much with Turkey. Cm se- many, Argentina, C hili, South Africa and Japan. queutly, since then British intervention has been by There has been a falling off in the purchases by India, no means so active as it was before. No great excite Brazil, Holland and Turkey. ment wa3 caused here by the message, fo.* the public When the year began there were very confident refused to believe in the possibility of war between the hopes of a rise in prices, partly because it United Kingdom and the United S:ate9. B i t un was expected that there would be a good deal of doubtedly there has bmn uneasiness and especially speculation in commodities, but chiefly because of because it is feared that a belief on the Continent that the enormous increase in the gold production the United S ates is unfriendly to us may raise up all of the world. As a matter of fact there has been a binds of difficulties in all parts of the world in our rise in several directions, but it has been much less than had been anticipated. At one time there was a rise in. path. Shortly after the Venezuela massage was issued it wheat but it has not been maintained. There was also a became known in London that the discontent in the rise in other grain and in seeds, but much of this likewise Transvaal, so general among the foreign settlers, was deepening, and that unless a more conciliatory attitude wa3 assumed by the Government there might be dis turbances. Bat nobody expected that a man with so high a character for judgment and discretion as Dr. Jameson would be guilty of an unprovoked attack upon the Bjers. The political apprehensions excited first by the anarchy in Tarkey and more recently by the Venezuela message and the raid into the Transvaal have undiubtedly given a check to business in all de partments. In spite, however, of political unrest and political apprehensions, trade has steadily improved all through the year. It will be reoollected that even duriDg the depression that followed the Baring crisis the home has been lost. The main rise lias been in wool and woolens, in cotton and cotton goods and in iron and steel. The low range of prices is to be accounted for mainly b y the currency disturbances in the United States. Few people have, ventured to speculate outside of the mining market be cause nobody could be sure that there would not be further troubles because of the disordered condition o f the Ameri can currency. Then, again, a large number of countries all over the world are very much embarrassed in their finances, while the political anxieties have naturally warned all busi ness men not to commit themselves too deeply in new ven tures. The home trade has been even more prosperous than the foreign trade. That is shown by the revenue returns, which are far better than the most sanguine looked for; also by the railway traffic returns, which are exceedingly good. In fact the railway earnings for the year 1805 all over the United Kingdom are larger than in any, even the most pros- 162 THE CHRONIC)JLJcj. i vol, Lxn. perous year to our history. The market reports and trade prosperous; nor is there any doubt either that our exports to circulars likewise prove that the home trade is exceedingly India have fallen off. But whether they will not recover good. So does the small number of unemployed; and like again in the early future remains to be seen. Meanwhile wise the absence of complaints of distress and the general the trade has suffered from mistakes made in respect to the American supply o f raw cotton. W hen the price of raw contentment of the whole population. Unfortunately, one great industry continues very de cotton was very low early in the year the trade did not sup pressed. For fully twenty years now the landed classes ply itself largely. Then when it came to be thought that have been suffering more or less, and the past year has been the crop would be very short the trade rushed in to buy at amongst the worst for them. Exceptional cold set in early higher prices: and now that there has been a decline in in January and lasted almost to the end of February. For a those prices there is a natural complaint that manufacturers considerable time out-of-door work became impossible, so cannot sell at a profit. The Continental traders were better unusually severe for this country was the frost. When advised. They seem to have laid to large stocks when prices mildness returned there was not the rainfall which is gener were low and did not buy when prices were rushed up ; at ally looked for after a protracted period o f severe weather. all events they did not buy very large quantities. On the other hand the woolen trade has been exceedingly On the contrary we had a long drought, lasting almost un interrupted until August. Then, when harvesting had prosperous. There has been a rise of as much as 35 per cent begun, the weather broke for some weeks and grain of all compared with the very beginning of the year in the best kinds was got to under unfavorable conditions. The agri oross-breds, 20 per per cent in the best merinos, and of 10 per cultural classes thus suffered from an exceptionally bad hay cent in other kinds of wool. The rise has been most marked crop, from bad green crops, from the absence of grass for a in Australian wool; but there has been a decided rise also in considerable period of the year, and even the grain crops Argentine and South African. During the first quarter of were deficient. As it happened, too, prices were exception the year there was actually a fall compared with the preced ally low. The average price of English wheat for the whole ing quarter. In May there was some recovery; and since then of 1894 was the lowest on record, and the average for 1895 the market has hardened and strengthened. Mainly this is was only 3d. per quarter higher than the average for the dne to the great purchases for America. American orders year before. Practically, therefore, English wheat has been here have been large in nearly every branch o f trade. They as low as ever before to our history, although crops of all have been particularly large in the woolen, trade, both for kinds have been so bad. Farmers likewise complain of the the raw material and for the manufactured article. The keen competition of foreigners in the meat trade, in cheese, Yorkshire woolen manufacturers have been as busy as was butter, pork, and so on, and consequently bad weather and possible, and there has likewise been very great activity to low prices ha ve added to their difficulties. At one time there the French and German woolen trades. To some extent the was an active agitation—some months ago—for concessions rise has been accentuated by the short clip in Australia. by the Government to the agricultural interest. The various There was in the winter—corresponding, it will be political alarms that have recently occurred, however recollected, to our summer—very severe cold both render it reasonably certain that the agitation will gain to New South Wales and in Queensland, likewise in New nothing. Public opinion insists upon the national defenses Zealand, and much damage was done to young sheep. Then being put to such order that we shall be safe whatever may there followed a long drought. The mortality has been very happen. great. There have been very few Iambs. And the want of The coal trade likewise has been rather depressed. From food was extreme as well as the want of water. It is calcu the Board of Trade returns it appears that practically we lated, therefore, that the clip this year is smaller than the exported the same quantity in the past year as in 1894; but preceding year b y about 200,000 bales; and it is calculated there is a considerable falling oil in the value. The price of likewise that, owing to the mortality amongst lambs, the coal is about Is. a ton lower than it was twelve months ago ; next clip will be shorter still. and as the total production is not vei*y much short of 200 The total tonnage of new ships built to the shipbuilding million tons, this means a very considerable loss indeed to yards of the United Kingdom has been rather over a million the producers. As a natural consequence there has been a tons, o f which less than 40,000 tons were o f sailing vessels— reduction in the wages o f miners in most districts. In some an exceptionally small number. Of the total tonnage built districts the reduction has been as much as 10 per cent. about 820,000 were added to the British register. On the There has been no falling off in the demand. Our exports other hand, about 750,000 tons were removed from the reg have been quite as lai'ge, the home consumption has been ister through losses, sales to foreigners, and so on. Of the quite as large, and the consumption by steamers has been 750,000 tons removed, about 200,000 were sailing vessels. But quite as large. The main cause, no doubt, is the increased as only 40,000 o f sailing vessels were built for the whole year, production, and possibly also a reaction from, the exception it follows that nearly 300,000 tons of new steamers have been ally high prices that- attended the great coal strike. added to the British register. These figures refer altogether The iron and steel trade on the other hand has been fairly to trading ships. The work done for the Royal Navy and prosperous. There, has been a considerable rise in the price for foreign governments is not included. The building of pig iron, and there has been some advance in the prices would have been larger still but for the unfortunate dispute of manufactured iron and steel, though nothing like as between employers and employed on the Clyde and in Bel much as in pig iron. But upon the whole the trade has been fast, which still continues. Freights during the year ha,ve well employed; orders have been plentiful, and the prosper been rather disappointing. A t one time there was a great ity of the industry has been increased by the exceptionally demand for the China coasting trade, but the supply soon low price of coal. Partly the prosperity is due to the general became over large, and freights fell away. There has been prosperity of the home trade, partly to the large orders for little import o f wheat and other grain from India, owing to machinery for abroad—chiefly for South Africa—and partly the very low prices here and the comparatively high ex also to active shipbuilding, more particularly of war ships. change, which has seriously affected freights from India. The general impression at this moment is that the shipbuild The drought in Australia has likewise had a bad effect upon ing programmes of the great governments will be largely in the Australian trade, but the Argentine trade has perhaps creased on account of the political anxieties that have been paid best o f any. so frequent and so numerous of late, and that that will still The money market has been unusually easy and well sup further improve the iron and steel trades. plied throughout the whole year. Never perhaps since the The cotton trade has not done very well during the year, Bank Charter A ct was passed in 1844 have there been so few mainly owing to the falling off in the exports to India. Just and such slight changes in the rates o f interest and discount. before the 5 per cent duty was imposed to India there were In February, 1894, the Bank of England lowered its rate o f very large orders for cotton goods from this country. Since discount to 2 per cent. It remained so not only until the the duty has been put on the orders have fallen off, as end of 1894 but also to the end of 1895, so that for nearly might have been expected. It is alleged, moreover, that two years not a single alteration has occurred in the Bank the duty acts as a protection to the Indian manufacturers; rate. Furthermore, the changes to the open market rate that therefore the Indian milks are getting possession not have been singularly few and uninteresting. For 3 months only of the Indian trade to the exclusion of Lancashire, but bank bills the rate has averaged only 16s. 8d. per cent, com that they are also gaining ground both in China and Japan. paring with 19s. 4d. per cent in the preceding year. Partly There is no doubt that the Indian mills are very active and this has been due to the exceptionally small amount o f for- J j j t c a e t 25, 1896.] THE CHRONICLE. 163 eign borrowing that has taken plaoe. The only loans of any hack £5.620,000. Mexico, the W est Indies and South Amer importance were the United States Morgan-Rothsehild loan ica—except Brazil—sent ns £1,413,000, but took from us in February for a little over 6 millions sterling and the Chil £3.178,000. The price of silver at the beginning o f the year was only ian loan some months later, brought out by the Messrs. Rothschild, for 6 millions sterling. There were a few Colo 2~%d. per ounce. A large demand for Chili in March raised nial loans of no great magnitude and some borrowings by the price to 29d. On the conclusion of the war between municipal authorities at home. But these had no influence China and Japan it further advanced to 31%d. hut after upon the market. It is true that a very great number of wards declined to about 30%d. The highest price of the South African and West Australian gold companies were year was thus Slic'd, and the lowest 278-lfld., the average The total imports o f silver formed, and were placed for the most part very successfully. being 29?sd. per ounce. But the proceeds of those issues were chiefly employed in amounted to £10,669,000 and the total exports to £10,867,000, purchasing machinery for working the mines. There was the imports and exports thus nearly balancing one another. in consequence hardly any export of money on account o f The United States sent us somewhat over 8 millions sterling these numerous issues. The currency uncertainties in the worth, or four-fifths o f the total, Mexico, the West Indies United States, the currency experiment in India, the de and South America—except Brazil—sent us £1,280,000: the re pression in Australasia that has followed the banking crisis, mainder was received in small amounts from a great number and the financial embarrassments of South -America and o f other countries. Of the exports, about l.1'! millions sterling many European countries, have all contributed likewise to worth went to India, a little over 2 millions to China, nearly a prevent very much foreign enterprise, and so have kept rates million and a-half sterling to France and over a million and a very low. Furthermore, the political anxieties have had an quarter sterling to Russia. Before the closing o f the Indian mints India used to import about 7 millions sterling worth. effect. But a very great part of the ea-e in m oney must be as- In spite o f the closing of the mints it will be seen that it un signed to the extraordinary increase in the gold production ' ported last- year about millions sterling worth, or eonall over the world. It is too early yet to form any estimate i siderabiy more than half the old average. Notwithstanding o f the actual ou tpu t; but that there lias been a Considerable that, however, the demand for India Council bills has been augmentation hardly admits o f doubt. In South Africa the very active. In the Budget the Minister o f Finance estitotal crushings for the first eleven months o f the year were mated that he would obtain an average price o f Is. Id. per 2,099,000 ounces, comparing with 2,023,000 fo r the whole rupee during the year. For a little while the price obtained year 1894. In Victoria the production is stated to have been I was decidedly lower, but gradually it has risen until at the somewhere about 727.000 ounces. For the other Australian very end o f December it very nearly reached Is. 2d. per colonies the figures are not y et forthcoming. But in Victoria rupee, and since the new year began has actually gone be at all events there h»> teen an Increase of over l U.'oOouno.-s: j yond that figure. The loss by exchange, as it is called, will and doubtless there has been a very large increase in West- therefore prove much smaller during the current financial era Australia likewise, : year than had been apprehended, and the Council eonseAooording to tlie Board o f Trade returns the imports of 1qttently will be in a much better financial position, gold into the United Kingdom during the year arnounted-to The Stock Exchange was exceedingly active during the somewhat over 38 millions sterling, while the exports but i first nine months o f the year, but the closing quarter saw a little exceeded 21% millions sterling, so that there was a ! great fall in prices. The highest class of securities advanced net import of almost 14% millions sterling. Nearly the whole almost without interruption from the commencement o f the o f this vast sum has gone into the Bank o f England. At the i year to the end o f September. Consols w eft at one time as beginning o f the year the coin anil bullion held bv the Bank ; high m During the alarm excited b y the anarchy' in amounted, in round figures, to 38% millions sterling. At |Turkey they' fell to 104TJ but quickly* recovered to 107%.the end o f the year the stock somewhat exceeded 48? i I On the publication o f President Cleveland’s Venezuela met* millions sterlings, so that the Bank's holdings increased dur- sage they fell once more to 105% but recovered before the ing the year rather more than 11 millions sterling; and dur- j year closed to 107. Colonial government securities also ading the tw o years 1894 and 1895 the increase was as much as * vaulted steadily tip to the end o f September, and New South 20 millions sterling, or about 80 per cent. Wales, New Zealand, Queensland and Western Australia Naturally the bankers' balances at the Bank o f England j were able to borrow here successfully. The admission by have likewise increased enormously. At the end o f 1894 the ; several Australian hanks that they were unable to carry out “ other” deposits—in which the bankers'balance-a re included j the arrangements under their reconstruction plans and the —amounted to about 33 millions sterling. At the end o f ; failure of the City of Melbourne Bank had no adverse in last year they were about 48% millions sterling, an increase i fluence upon markets; neither had the writing off of a milo f 15% millions sterling, or almost 50 per cent. It is to be lion and a-quarter sterling o f the capital o f the Bank o f New recollected, however, that a considerable proportion o f the ; Zealand, because of Sts heavy losses. But the political increase belonged not to the joint-stock and private banks but alarms o f the past three months have caused a general fall to the Japanese Government, When Russia induced France in these securities. British railway stocks and British and Germany to join with her in comi>elling Japan to retro- I municipal stocks have all improved and have remained cede the Liao-tung Peninsula, she guaranteed a loan o f 16 wonderfully steady throughout the recent apprehensions. millions sterling, yielding 15 millions sterling effective, International government securities likewise advanced up which was advanced by the great financial houses in Paris to the end o f September. Dealings in London were not and China, and the Chinese Government has since paid over large, but there was a very active speculation in them on the amount to the Bank of England to the credit of the the Continental bourses. The movements in French, Rus Japanese Government. sian and Hungarian bonds have not been considerable. This money is really not at the employment o f the market. Italian bonds at one time had risen from about 85 to 90 ; but The Bank o f England o f course can use it while it remains in November they fell to 81%. Spanish bonds, which at one in the Bank, but the Japanese Government up to the present time were as high as 79, fell to 60 in December. Ami Turk has not employed it in either lending or discounting. The ish “ B ” bonds, which at one time were quoted at 44, fell fact, however, that so large a sum has been withdrawn from likewise in December to 24%. Brazilians were about 78 in Paris and forwarded to London lias helped to emphasize the September, but have since fallen to 61. great cheapness o f money here. It may be interesting to Up to September tbe American market was steady, with point out from what countries most o f the gold has been re. an upward tendency. Since then there has been a very ceived, As already said, the total imports of the metal dar marked fall, which has become more accentuated since the ing the year exceeded 36 millions sterling. Of the total, publication of President Cleveland’s message. Lake Shore £11.182,000 was received from the United States, or not far shares have fallen from 155% to 143?£, New York Central short o f one-third ; British South A frica sent us £8.853.000; from 103% to 94%, Illinois Central from 101 to 89% and Australasia. £3.865,000; Mexico, the W est Indies and South Pennsylvania from 54% to 48. But. the chief business on the Stock Exchange throughout America—except Brazil—£1,413,000; China. £1.113.000; India. £1,999,000; Egypt, £1,290,000; France. £1,334,000, and Bel the year was in mining shares, both South African and gium, £1,020,000, On the other hand, while the United Western Australian, but chiefly South African. A very ac States sent us over 11 millions sterling, it took back only tive speculation sprang up in October, 1894. It continued £3,317,000, whereas South Africa sent us £8.853,000 and took without check until May of last year, when there was a par 164 THE CHRONICLE. tint set-back. During that period, though there was a good deal of wild gambling, most of the purchases were carefully made. The l>est properties were as a rule chosen, and the issues of new comjsinies were not excessive. The buying spread from this country to France and from France to Germany and Austria. In June the speculation broke all bounds and became utterly reckless, the greatest reckless ness being shown upon the Continent. London sold im mense quantities to France, Germany, Austria. Holland and Belgium. Tie- worst business in London was the bringing out of new comimnies. In many cases the capital asked for was extravagantly large. In many other cases hardly any information was given to subscribers. And in not a few instances companies were formed privately. The public was not told who the directors were, where the proper ties were situated, or what prospects there were of Success. Tire capital was subscribed privately; members of the Stock Exchange were then employed to deal in it quietly; and in this way multitudes of bad concerns were passed on to the public. A break-down in so wild a speculation was inevitable; but it was precipitated in October by the refusal of the London hanks to take the acceptances of certain foreign banks doing business in London. The London branches of these foreign hanks have always been in the habit of accepting on a con siderable scale. While this was done for legitimate purposes no objection u’as made. When, however, the speculation in mining shares became rampant on the Continent these foreign banks financed the operations by means of the ac ceptances of their London branches. Very naturally the London banks objected that they themselves refused to find means for the wild speculation that was going on, and yet that they were asked to enable the foreign banks to do what they themselves considered too dangerous. And they further pointed out that while the European public was induced to believe that the speculation was being conducted to a very large extent by means of Continental capital, in reality the capital was found in London. The argument of the London banks was undoubtedly right. The speculation was extravagantly great and very dangerous. But they acted too precipitately. They would have done more wisely if they had not been quite so prompt and quite so decisive in their mode of stopping the specula tion. When the foreign banks in question found that their acceptances would no longer be taken here they had to call in very large sums from the great Continental markets to take up those acceptances, and that at once precipitated the crisis. Unfortunately the anarchy in Turkey readied a head just at the same time. The Armenians, even in Constan tinople, made a demonstration in the streets, and they were shot down and massacred unmercifully. It is said that the Armenians, in the hope of paralyzing the Turkish Government, organized a run upon the Imperial Ottoman Bank—the Turkish state bank. The run took place and lasted for a couple of weeks, but the bank was able to came triumphantly out of the trial. It is exceed ingly well managed, and its credit has risen because of the promptitude and ability with which the crisis was met. The Turkish Government granted a moratorium to the pub lic, and that aggravated the troubles both in' Paris and Vienna. A moratorium may have been necessary, but it is certain that multitudes of great operators took advantage of It to refuse to pay their differences, both in Paris and Vienna, where they had speculated largely. As those dif ferences were not received, the brokers through whom they dealt were unable to meet their engagements, and there were very numerous failures in both capitals. And the fail ures would have been more numerous were it not that the Messrs. Rothschild and their friends came to the relief of all •who were in a position to deserve support. The crisis was not so severe in Berlin as in Paris and Vi enna, and it was less severe still in London. The London Stock Exchange, though certain members had acted rashly, as a whole undoubtedly made money by the spec ulation, as London was the great centre where all purchases and sales for the Continent were •effected. About the end of November the liquidation in London was completed and everyone was looking for an early recovery. About the end of December the liquidation was completed in Paris and probably it would have been com pleted elsewhere also if political troubles had not occurred. fVoL. LX 1I. President Cleveland’s Venezeula message created so much alarm that there was a heavy fall, attended by further losses, and thus protracting liquidation; and Dr. Jameson’s raid in the Transvaal has caused another scare, another heavy fall and more losses, so that the movement will be still further protracted. In spite of all, however, the London market is thoroughly sound, and if political apprehension dies out there will be an almost immediate recovery. An interesting event during the year was the receipt by the Bank of England early in January, 1895, of the final in stalment in repayment of advances made to Baring Brothers at the time of the failure of that firm in 1890. The transac tion was thus closed up without loss to either the Bank or any of the guarantors. A change of ministry occurred in England during the year, Lord Salisbury succeeding Lord Rosebery, but this was without effect outside of political circles. The complete trade figures of imports and exports to and from Great Britain for three years are as follows : EXPO RTS AND IMPORTS. 1894. 1893. £ 2 1 6 ,1 9 4 ,2 3 9 5 7 ,9 6 6 ,4 8 4 £ 2 1 8 ,0 9 4 ,8 6 8 5 9 ,0 4 3 ,4 0 5 1865. E xports. H o m e p r o d u c t s .................. R e -s h ip m e n t o f im p o r t s . £ 2 2 6 ,1 6 9 ,1 7 4 5 9 ,9 7 0 ,7 6 3 T o t a l e x p o r t s ................... I m ports. T o t a l m e r c h a n d i s e .......... 2 8 6 ,1 3 9 ,9 3 7 2 7 4 ,1 6 0 ,7 2 3 2 7 7 ,1 3 8 ,2 7 3 4 1 6 ,6 8 7 ,6 3 0 4 0 8 ,5 0 5 ,7 1 8 4 0 4 ,6 8 3 ,1 7 8 E x c e s s o f im p . o v e r e x p . 1 3 0 .5 4 7 ,6 9 3 1 3 4 ,3 4 4 ,9 9 5 1 2 7 ,5 4 9 ,9 0 5 The imports by months have been as follows : I m ports. r a n u a r y ........... F e b r u a r y ____ M a r c h ................ A p r il................... M a y ................... .. J u n e ................... . J u l y .................... A u g u s t .............. S e p t e m b e r ___ . O c t o b e r ............. N o v e m b e r ___ D e c e m b e r ........ 1895. £ 3 6 ,7 5 3 ,0 6 8 2 8 ,1 3 4 ,4 8 9 3 5 ,9 8 0 ,5 9 0 3 4 ,3 4 1 ,3 5 8 3 4 ,7 5 2 ,0 8 6 3 3 ,8 8 4 ,5 8 4 3 5 ,1 2 8 ,1 4 2 3 4 ,6 1 1 ,3 0 5 3 0 ,6 1 8 ,8 5 4 3 6 ,8 5 4 ,1 6 8 3 8 ,9 7 1 ,1 6 1 3 6 ,9 6 7 ,5 0 5 1 2 m o n t h s .. 4 1 6 ,6 8 7 ,6 3 0 1894. £ 3 8 ,4 5 8 ,6 1 3 3 3 ,9 8 4 ,0 8 5 3 5 ,3 2 7 ,0 3 7 3 5 ,0 1 5 ,7 8 1 3 4 ,1 3 4 ,0 6 0 3 4 ,2 2 9 ,6 7 9 3 1 ,8 3 5 ,5 5 3 3 1 ,6 3 8 ,5 2 1 3 0 ,2 4 0 ,4 6 1 3 5 ,6 6 8 ,3 8 5 3 5 ,2 3 4 ,1 4 9 3 3 ,0 7 0 ,4 8 0 4 0 8 ,3 4 4 ,8 1 0 Difference. Per Ot. £ — 1 ,7 0 5 ,5 4 5 — 5 ,8 4 9 ,5 9 6 + 6 5 3 ,5 5 3 -6 7 4 ,4 2 3 + 6 1 8 ,0 2 6 — 3 4 5 ,0 9 5 + 3 , 2 9 2 ,5 8 9 + 2 ,9 7 2 ,7 8 4 + 3 7 8 ,3 9 3 + 1 ,1 8 5 ,7 8 3 + 3 .7 3 7 ,0 1 2 + 3 ,8 9 7 ,0 2 5 — 1 7 -2 1 + 1 -8 5 -1 -9 1 + 1 ’87 -1 -0 0 + 1 0 -3 4 + 9 -3 9 + 1 -2 5 +3*32 + i0 -6 0 + 1 1 -7 8 + 8 ,3 4 2 ,8 2 0 + 2 -0 4 -4 -4 3 i h e e x p o r ts b y m o n th s h a v e b e e n as fo llo w s : 1895. E xports. £ J a n u a r y ............ 1 8 ,2 2 4 ,2 3 6 F e b r u a r y ......... 1 5 ,9 6 8 ,3 9 5 M a r c h ................ 1 8 ,5 2 3 ,0 3 0 A p r i l .................... 1 7 ,2 5 2 ,3 1 1 M a y ..................... . 1 8 ,3 4 4 ,7 4 4 J u n e .................. .. 1 7 ,8 0 0 ,1 0 0 J u l y .................... 2 0 ,5 5 9 ,4 8 6 A u t p is t .............. , 2 0 ,4 8 1 ,4 9 5 S e p t e m b e r ___ 1 9 ,4 6 1 ,9 4 0 O c t o b e r ............. 2 0 ,8 2 8 ,8 6 6 N o v e m b e r ___ 1 9 ,5 4 0 ,3 3 3 D e c e m b e r ........ 1 9 ,1 7 9 ,5 3 8 1 2 m o n t h s .. 2 2 6 ,1 6 9 ,1 7 4 1894. £ 1 8 ,1 5 1 ,8 8 0 1 7 ,6 7 9 ,4 4 9 1 8 ,0 9 8 ,9 0 3 1 7 ,5 5 9 ,8 7 6 1 7 ,4 8 4 ,2 1 2 1 7 ,9 0 9 ,1 5 5 1 8 ,3 9 8 ,5 3 6 1 8 ,5 8 1 ,2 4 0 1 7 ,5 9 9 ,3 2 0 1 9 ,1 4 7 ,9 9 6 1 8 ,0 8 3 ,0 8 7 1 7 ,5 0 0 ,5 8 5 2 1 5 ,8 2 4 ,3 3 3 Difference. £ + 7 2 ,3 5 6 — 1 ,7 1 1 ,0 5 4 + 4 2 4 ,1 2 7 — 3 0 7 ,5 6 5 + 8 6 0 ,5 3 2 — 1 0 9 ,0 5 5 + 2 ,1 6 0 ,9 5 0 + 1 , 9 0 0 ,2 5 5 + 1 ,8 6 2 ,6 2 0 + 1 ,6 8 0 ,8 7 0 + 1 ,4 5 7 ,2 4 6 + 1 , 6 7 8 ,9 5 3 + 1 0 ,3 4 4 ,8 4 1 Per Ot. + 0 -3 8 — 9 -6 7 + 2 -3 4 -1 -7 5 + 4 '9 2 — 0 -6 0 + 1 1 -7 4 + 1 0 -2 2 + 1 0 -5 8 + 8 -2 5 + 8 -0 5 + 9 -3 9 + 4 -7 9 The re-exports of foreign and colonial produce by months show the following contrast: 1895. R e -e x p o r t s . J a n u a r y ............ F e b r u a r y ......... M a r c h .................. A p r i l ..................... M a y ........................ J u n e ...................... r u l y ....................... A u g u s t ................ S e p t e m b e r ____ O c t o b e r .............. N ovem b er. ... D e c e m b e r ......... 12 m o n t h s .. Difference. 1894. £ Per Ot • £ 3 ,8 8 7 ,2 5 8 4 ,4 0 7 ,* * 2 4 4 ,8 4 6 ,5 9 9 6 ,6 0 8 ,3 6 2 5 ,2 1 5 ,7 8 5 5 ,2 6 5 ,7 7 3 4 ,7 8 9 ,9 5 1 6 ,1 8 9 ,7 0 2 3 ,9 0 7 ,8 3 6 5 ,4 6 0 ,4 0 4 4 ,1 6 1 ,0 7 0 5 ,0 2 7 ,4 4 6 4 ,3 4 6 6 4 3 5 ,0 5 1 ,7 2 0 5 ,3 4 2 ,8 3 6 4 ,8 1 0 ,3 6 2 4 ,9 0 4 ,1 0 8 5 ,1 9 8 ,1 8 0 4 ,2 8 9 ,7 6 4 5 ,1 2 7 ,3 8 0 3 ,8 1 0 ,6 1 6 5 ,8 3 1 ,6 3 8 4 ,4 2 5 ,3 2 6 4 , 8 2 ', 8 6 1 £ — 4 5 9 ,3 8 5 — 6 4 3 ,8 9 6 — 4 9 6 ,2 8 7 + 1 ,7 9 7 ,7 5 3 + 3 1 1 ,6 7 7 + 6 7 ,5 9 3 + 5 0 0 ,1 8 7 + 1 ,0 6 2 ,3 2 2 + 9 7 ,2 2 0 + 3 7 1 ,2 3 4 — 6 1 ,2 5 6 + 1 9 9 ,5 8 5 — 1 0 -5 6 — 1 2 -7 4 — 9*29 + 3 7 -3 7 + 6 -3 5 + 1 -3 0 + 1 1 -6 5 + 2 0 -7 2 + 2*55 — 0 -6 3 -1 -3 8 + 4 -1 3 5 9 ,9 7 0 ,7 6 3 5 7 ,9 6 1 .5 3 4 + 2 ,0 0 9 .2 2 9 + 3 -4 6 The quantities and values of textile exports from Great Britain for the last three years are given irftlie following table: EXPO RTS O P T E X T ILE F A B R IC S Y ear’s E xports. Q u a n t it ie s . C o t t o n y a r n .................lb s . P i e c e g o o d s .........y d s . J u t e y a r n ..................... lb s . P i e o e g o o d s ......... y d s . L in e n y a r n ...................lb s . P i e o e g o o d s .........y d s . W o o le n y a m ............... lb s . W o o l e n t i s s u e s ......... y d s . W o rs te d t is s u e s ....y d s . V alu es. C o t t o n y a m ........................ P i e o e g o o d s ................. J u t e y a r n ............................. P i e c e g o o d s . . . . ......... L i n e n y a r n ........................... P i e o e g o o d s ................ W o o l e n y a r n ....................... Woolen fabrics.............. W o r a t e d f a b r i c s ................ 1895. 1894. 2 5 2 ,1 1 8 ,7 0 0 5 , 0 3 3 ,4 6 7 ,7 0 0 3 4 , 7 3 3 ,0 0 0 2 5 4 ,7 3 4 .4 0 0 1 7 ,0 5 3 ,7 0 0 2 0 3 ,5 5 6 ,2 0 0 6 1 , 1 8 9 .4 0 0 5 7 ,7 " 6 ,3 0 0 1 6 4 ,2 7 0 ,3 0 0 2 3 6 .1 2 1 .0 0 0 5 ,3 1 2 ,3 6 2 ,9 0 0 3 4 ,9 2 8 ,3 0 0 2 3 3 ,4 7 1 ,3 0 0 1 5 ,5 4 0 ,1 0 0 1 5 6 .2 5 4 .0 0 0 5 3 ,0 1 5 ,6 0 0 4 0 , 9 2 2 ,0 0 0 1 1 0 ,6 7 4 ,1 0 0 9 , 2 9 2 ,5 9 4 4 6 ,7 8 0 ,5 0 0 3 5 6 ,1 1 8 2 ,1 7 1 ,4 8 1 9 6 5 ,4 6 7 4 ,0 8 2 ,5 5 9 5 ,3 7 4 ,8 8 3 6 ,2 0 2 ,1 7 8 1 0 ,2 4 0 ,5 8 2 9 ,2 8 5 ,6 4 5 5 0 , 2 1 1 ,3 2 3 3 7 6 ,0 8 4 2 , 0 4 7 ,8 4 9 9 3 9 ,2 0 2 3 ,4 6 2 ,4 9 8 4 ,7 1 8 ,2 0 5 4 ,5 6 9 ,5 3 3 6 ,6 6 5 ,6 0 6 £ £ 1893. 2 0 6 .5 4 6 .3 0 0 4 , 6 5 2 ,2 1 7 ,4 0 0 2 9 .3 4 6 .0 0 0 2 6 4 ,9 7 2 ,7 0 0 1 6 , 2 5 9 ,3 0 0 1 5 8 .3 3 5 .3 0 0 5 0 .0 9 9 .0 0 0 4 6 ,6 0 9 ,8 0 0 1 2 9 ,9 2 8 ,8 0 0 . £ 9 ,0 5 5 ,5 0 2 4 7 ,2 8 1 ,6 4 2 2 9 8 ,4 1 8 2 ,3 5 2 , 3 8 9 1 ,0 0 5 ,1 0 2 3 ,6 0 3 ,6 6 1 4 , 5 3 1 ,8 3 2 5 , 2 1 6 ,3 7 3 8 ,1 2 8 ,4 4 2 THE CHRONICLE. January io , 1896.j The exports of iron and steel from Great Britain have been as below each year since 1873: EXPORTS OF IRON AND STEEL FROM GREAT BRITAIN, Pig Iron. . Rails. Des$ J X n J Tons. Tons. Tons. Tons. 1895.. . 1,513,537 458,031 866,581 2,838,149 1,393,771 1894.. . 425,242 830,985 2,649,998 1,457,905 558,375 2,856,574 840.294 1893.. . 1.504,223 468,003 1892.. . 767,053 2,739,279 840,035 1,697,844 702,247 1891.. . 3,240,146 1,820,731 1,035,431 4,001,430 1890.. . 1,145.263 1,905,919 1,039,892 4,186,182 1.190,371 1889.. . 1,910,242 1,020,002 1,036,319 3,966,563 1883.. . 1,973,075 1,011,779 1387.. . 1,158,174 4,143,028 1,605,289 739,651 1886.. . 1,044,257 3,389,107 1,455,475 71-1,276 1885.. . 960,931 3,130,682 1,497,439 1884.. . 3,496,901 728,540 1,269,576 971,165 1,508,095 1883.. . 4,043,308 1,564,018 1,658,531 1882.. . 936,919 4,353,552 1,758,072 1,517,458 820.671 3.S20.315 1381.. . 1,480,198 1880.. . 1,466,055 1,032.343 693,696 3,702,993 1,196,170 1879.. . 463,878 1,223,436 2,883,484 933,193 441.384 2,296,860 1878.. . 924,646 497,924 1877.. . 965,285 831,442 2,346,370 899,309 1876.. . 414,556 2,224,170 910,905 1875.. . 947,827 545.981 2,457,306 963,498 621.741 __________________________________________________________ 2,487,522 782.665 1874.. . 776,110 The situation of the Bank of France as to its stock of gold and silver, according to the last returns of each month of 1898, 1894 and 1895, was as follows, stated in pounds sterling: GOLD AND SILVER Hi BANK OF FRANCE.—{00,000s omitted. ] 1894. Gold, aur r Total 1a»l. Jan. St Feb. Mar, 2S AprtlSS !•?,« | *SM Mar » ; June 27: July -.'5 Ang.» Sepc. » Oct. 31 Nov. 28 Dec, S0 eax 1 m,a 81.8 : M>,» SJ.0 f Sljl 20,i m s 50.0 n,t> m s 78,3 10.4 40,6. w tsi.c 8«| 7*5.1 ns .130,® 1S7.7 if) i n a >'©r. W\ n 4 tsa,i nm. n ‘ m s ' M .0'118,8 50.6 J118,4 » , « j 118,5 5*1.8 j 119.0 J0.S 11",y 1 6 5 BANK OF ENGLAND RATE OF INTBRBST. Tear. Kate Number per of days. cent 1887, Jan. 1 to Feb. . Feb. Mar. . Mar. A[il, . A pi, 28 to Aug. 4,. Aug. 4 to Sept 1 . Sept. 1 to Deo. 31 . 5 34 days 4 35 days 3*3 14 days 3 21 days 14 days 2is 2 98 days 3 28 days 4 121 days Tear, Rate Number per of days. cent. 1891. Jan. l to Jan. 8 5 7 day® Jan. 8 to Jan. 22. 4 14 day® Jau. 22 to Jan. 29 3% 7 days Jan. 29 to Apr. 16 3 77 Faye Apr. 16 to Mar 7. 3*a 21 days May 7 to May 14 4 7 day® May 14 to June 4. 5 21 day® June 4 to June 18. 4 14 flays June 18 to July 2 . 3 14 day® Tear’s average__ . 3-34 365 days July 2 to Sept. 24. 2^3 84 days 1883. Sept. 24 to Oot. 29 3 35 day® Jan. 1 to Jan. 12.. 4 12 days Oct. 29 to Deo. 10 4 42 days Jan. 12 to Jan. 19. 3% 7 days Dec. 10 to Dec. 31 3*3 22 days Jan. 19 to Feb. 16. 3 28 days Feb. 16 to Mar. 15. 12*8 28 davs Tear's average___ 3-32 365 days 56 days Mar. 15 to May 10. May 10 to June 7 3 28 days 1892. 63 days Jan. 1 to Jan. 21 38s 2% 21 days 3 35 days Jan. 21 to Apr. 7. 3 77 days Sept. 13 to Oct. 4. 4 21 days Apr. 7 to Apr. 28. 2% 21 days 88 days Apr. 28 to Oot. 20. 2 Oct. 4 to Deo. 31. 5 ! 75 days Oct. 20 to Dec. 31 3 72 days Tear's average.. 3-30 366 days Tear’s average... ¥ 5 2 366 1899. a da ys Jan. 1 to Jan. 10. 5 9 days i 1893. Jan. 10 to Jan, 24 4 14 davs Jaa. 1 to Jan. 26 3 26 da ys 7 <1aye Jan. 26 to May 4 2*8 98 day® Jan, 24 to Jan, 31 3% Jan. ,'iltoA p l. 18. i 3 77 days n ay 4 to May 11. 3 7 day® Apr. 18 to Aug. 8. 2% 112 days May 11 to May 18. 3*s 7 da,® Aug. 8 to Aug. 29. 3 21 days May 18 to J une 8 4 21 d a ys Ang. 29 to Sep. 26. 4 28 days June 8 to June 15. 3 7 day® S‘-pi. 26 to Deo. 30. ' 5 95 days June 15 to Aug. 3 2% 49 <’ay»> Dec, 30 to Dec. 31 6 2 days Aug. 3 to Aug. 10. 3 7 days ------- ---- Aug, 10 to Aug. 24 4 14 d a y s VearVtiverage.... 3*58 365 days vug. 24 to Sept. 14. 5 21 days. 1890. 8ept. 14 to Sept, 21 4 7 days* Jan. 1 to Feb. 20. 8 5o days Sept. 21 to Oet. 5. 3>. 14 d a y s Feb. 20 to Mar. 6. a 14 day-' Oct. 5 to Deo. 31. 3 87 day® Mar. 6 to Mar. 13. 4% 7 days Mar, 13 to Apr, 10, j 4 28 days’ Tear’s average___ 3-0ti 365 3 day® Apr, 10 to Apr, 17. 3*9 7 days Apr. 17 to June 26 i 3 70 days 1894. Juno 26 to July 31 i 35 days' Jan. 1 to Feb. 1,1 3 32 day® July 31 to Aug. 21 5 21 days Feb. 1 to Feb. 22 [ 2% 21 day® Aug. 21 to Sept. 25 4 35 days Feb. 22 to Dee. 31 2 3 Sept. 25 to Nov, 7. li 43 days Nor. 7 to Dee 4. 6 1 27 days Year’saverage___ 2-11 265 days Deo. 4 to Dec. 31 5 29 day » 1495. Tear's average___ 1-52 165 days Jan. 1 to Dec. 31.' 2 3 day* 365 In the table M o w will be fo u n d a valuable comparison o f The appended table, made up from the official statements o f the Bank of England, shows the position of the Bank as the highest, lowest and average price of silver in London regards bullion, reserve, etc., on each Thursday of the year. for each of the twelve months o f 1893, 1894 and 1895: PRICE OF SILVER FOR TURKU TEARS. BANK OF UNOLAND 1ST I #05.—£l)0,000s omitted. 1 id ! WS j 1895. ! 2^9 |Mg ‘A s \ p 1 i [ IJEFIMITS. a f © 2 j J 1 2* & l 1 b* M 4 \ 3. f s i e s « 7 —— * : 5 ' J S3' 1S05. 1 1804. 1893. to* . *. . .i *vet. .ttgb. l> <- . Xt&r | iligli. Aver,1. I 0d. * d. .7. (1. ! d. 1 d. a. Jan.......27*,, 27-he 27% 3 1 h 30*3 :u% ; 38%a 38% Fr.ct ?Fr.et. Feb........ 27it 1 27 >, 27*3 3*t-*,f 27% 2!Kt;e ’ 38*a 38% March-... 29 % 7% 2S*i, 27’ s 27 i27» a 3s i*s 37»la 38%. 1 *2 29% 29% ;28% i 38^ « 377h 38 21.',, 80' . “ e April......307 May.......30'. 30*4 30% 291* 2 9 1 ,0 a sn ,, 3p*l0 37% 38>,& ! h ‘i8P>i*s 23%d 2S 1 ,0, 3g% 30 June...... 30*1,« :U6h 371* % July.......30%, 3CP,*. 301 „ 281bps 2*7* ’JSllio 341(* 32% 33% 1 :,4 Aug.......30*,,; 30*4 30t* ! 30% 28li,«;20% >84% 32 >„ 33K-w: 1 Sept.......;;u», 30’ !.-, 30 (3 130 H 20-ho 20“l« j 34*- 33% 3*1% : lb .... : 30% 301S„| 29 'if* 2 8 2 9 % 34% 31% 33%. i 1% NOV__ _ 31 30% 3013,. 29»I« 28% :2818,«| 32% 31% 32% f 1% Dec........ 30 30 | 307„ j 28% 27“,a 27% ; 32%, 31% 32 the m Tear. ’31% 27%- 129% ’ 31% 27 2814 „ 38% 30 35% m £ i £ £ M j £ 1 £ i £ 25,9 : 33,1 6,0 j 38,2 14,7 24.0 24.0 25t5 33,9 0,3 13 f ,8 10*7 121.3 25,2 25,2 ! m s 6,0 35*5 18,1 i 17,4 i 26*2 : 25,0 ' 6,3 34,3 14,5 17,0 27.1 24,9 ; m ,o 0.3 35J 12,9 17.7 ; 27,8 25,1 l 38.8 8*7 33.8 12,5 17,7 128*5 24,7 37,0 7,9 33,2 12*5 17,7 : 29,1 24.(1 37*5 32, i 12,5 0.4 17,8 29*7 -’4.8 37*1 12,5 29,1 10,2 32,1 18,3 Mar. 6 . 23.1 37,2 10.4 32,2 12*5 10,5 28 0 “ 13 24,0 37,0 10,6 30*5 12*5 18,1 29,9 ** 2 *> 2 1,7 37,4 12,1 19.7 12,3 29,5 ** 27.. 25,3 37,7 *2 12,5 31,8 12,5 31.0 Apr. 3.. 2'Vl 37.7 10*9 32,0 12,5 20,4 28.1 “ ID.. 20,3 ‘M , 7 7,7 81*9 12*5 17,8 27,1 " 17. 26.0 38.3 7*9 22,4 12*0 18,0 2-1 26,0 37,5 8,3 MM 12,8 18*5 28,3 May 1 .. 26,2 37*0 7,7 31.0 12,1* 10,0 27,0 " 8.. 20,2 36,9 13,4 18,0 33,9 25.8 37,0 8,1 34.9 13,4 10,7 -'*7 f| 23,5 37,2 9,3 34*7 13,4 19,0 29,4 25.9 37*5 9,2 35,5 13,0 20,4 28,5 June 5.. 26,1 37,0 8,7 1 ;,o 20 5 m .s “ 12,. 25,5 37,4 8.0 37,5 13,0 20*6 29.7 “ u*.. 25,4 m ,i 9.0 37,8 13,9 21,1 29,6 " 26.. 20,1 m , 0 37,3 I t,0 24 3 9.1 28,7 July 3.. 26.3 37,S) 9,8 j?.** 14.5 22,5 28,4 “ t o .. 20,7 37,5 6,0 10,0 U ,l * 17., 26, i 37,5 6,7 40,9 1 1.2 23,5 27,9 1 *’ 24.. 26,2 37,0 8,0 11,3 14,2 23,4 29,5 | 44 31.. 26.9 38,1 6,8 li.:i •1,7 23,7 29,1 s Aug. 7 26.* 38,1 5,5 43,0 14,8 23,0 28.1 4< 14., 26,4 30,0 5,7 a. i 14,8 23.9 29,4 ! ■* 2 1 -. 26,5 40,4 7.1 41,7 14,8 24,3 30,8 4* 28.. 26,3 41,2 6.8 45,9 11,9 24,2 31,7 Sept, t 20.5 41,6 6.1 46,9 14,8 ' 21.7 31,9 11 11 . 2(1,3 41,0 6,0 47,5 14,7 24,6 32,4 M 18.. 26.2 42.9 6,8 18,8 14,9 25,5 33,4 “ 25.. 25.0 13,7 7,4 4s,7 14,8 25,0 i 34,0 Oet. 2 .. 27.1 42,9 47,6 ! 14,8 0,7 25,3 32,8 M I).. 27.9 41,7 5,3 50.3 : 1R..7 25,1 31,8 " 16.. 26,5 41,2 4,7 16,2 25.2 ; 31,4 50,4 “ 23.. 26,1 41,5 4,8 50,0 1.7,1 25.5 32.2 4,7 50,0 J ' 3 0 -1 26,2 41,7 32,3 IS,2 25.5 Hot. 6., 20,2 40,9 4,6 49.4 i 1,9 23,6 31,5 “ 13.. 25.9 40,0 5,1 49,2 31,9 14,8 25.7 “ 20.. 25.5 41,5 7.1 49,8 14,8 27,0 32,9 27., 25,5 42,6 7,5 49,5 33,9 1 1,9 26,1 Dec. 4.. 25,8 44,3 50,4 7,7 14,8 35,3 25,8 " 11,. 23.8 ■<4,7 7,7 51,2 14,8 2r.:» 35,9 “ 18.. 25,7 44.6 s,a 50,0 14,8 26.5 35,7 *r» “ 25., i 26.3 43,6 9,4 48,5 14,9 26,6 34,2 * No change since Feb. 22.1894. Jan. 2. ** {),. *• 16.. *4 23... " 30.. Feb. ft ** 13.. " w ., SILVER. ! m i»ia 11« Hjg v » « V et« '<•« VL8 life •V % % Stock E x c h a n g e C l e a r i n g - H o u s e T r a n s a c t i o n s , — T h e jubj. fined statement shows the transactions of the New Y o rk Stoik Exchange Clearing-House. •TOOK EXCHANGE 0 LEASING HOUSE TRANSACTIONS, .— Short*. bora tide*.—> Cleared. Total Value, 18949 Year....... 1S7.SU.SOO 11,131,011,000 <*SI5~ t»n«sry„. rn.5m.mo 806,2130,000 fefem&ry*. 13,03<>.3OO 7SSU00.OOO VIarch. .. MG?*500,<400 15,7:K« 200 1.004.800.000 April.— S.2AJ pfif ;<«r...... 2l7.:«s.on6 June,..,.., 1.101,300*000 Laly....... ■.‘C.iTif, 100 1.45',975.000 AuguM.. . 1A.M0.100 . _ 24.73S.aOO September O ctober... l l f . i V f > 1,960^00,009 November LS.0J4.tfS) 1,225,000.000 1.045.700.000 December T o t . w k . 3 ,0 5 6 ,5 0 0 2 0 3 , 2 0 0 ,0 0 0 W k !a * t y r 3 ,0 4 9 ,0 Q 0 1 9 5 ,1 0 0 ,0 0 0 (Ct,700,000 1,091.000 U4U.00 86.400.000 1,01*1400 04.300.000 garni,wo rUMJKiO 10.004 4,167.000 ajojo.lOO 114,600,0*0 1,3*1,000 2.315,1)00 1-2, *0<i, •<> 2.101,100 097,600 1.710,600 1,976.200 2.7*2,000 127,000,'"HI 1 991,300 110.4(l*.000 2,211,500 2, fl«l.»00 C.071,IN>.) 1211.800.000 _________ 3.1S8.600 ______ ■z.vnjsoo T e a r.... 2:n,?‘XU 0 11.yy 1.175.000 21.0*0,760 Shares, oath sides.—* Cleared, Total Value, % $ »:« »,a Jan. 13.. 770,400 52.100,000 14.. 594,300 37,000,000 4 15 . 572,900 33,400,QUO ®a 16.. 592,000 38,000,000 H)S 17.. 589,000 34,700,000 1 34 Te*. wit.,3,068,600 195,200,000 m> 1316 Wltla*tyr3,078,400 218,800,000 13« is }. Jan. 20.. 943.700 59.700.000 ' 21.. 482,0**0 31.200.000 1 • 22.. 538.800 36.300.000 Wts ' 23 . 510.800 36.200.000 ' 24.. 551,400 39.800.000 In the subjoined statement we show all the changes in the Bank rate in each year from 1887 to 1895, inclusive; — -Balance*, om wide- — -% SheetsShares, Value Shares, Cash. VlmreS $ $ 14,959,300 872.270,000 20,501.000 S 113.800.000 1.572.300 91,400,01)0 1,523,400 310.800,» 0 22.201.200 50(18 ------- Balance*, one tide — — , Sheet*?, Share*. Value Share*. Oath. Cleared, * s 77,800 4.500.000 72.200 330 313 70.200 3.600.000 58.300 314. 63.200 3.200.000 42.300 61,500 3.200.000 53,800 2914 290 5 1,300 2.800.000 66.200 329,000 233,400 98,700 61,900 54,2 0 51,100 4 1,000 17,300,000 289,900 1 ,5 5 0 15,000,000 353,800 1,454. 332: 5.200.000 100,300 28 3. 2.800.000 32,700 299* 3.200.000 36,010 3.000. 000 65,000 308 205. 0 3.000. 000 39,8 304,800 17,200,000 271,300 1 ,5 2* 256,400 14,400,000 296,900 1 ,4 3 9 THE CHRONICLE. 166 THE NEW YORK MONEY M ARKET [Y ol . LX1I. FO R S IX YEARS. We have compiled in a convenient form, from our own journal and from the books of money brokers, and give on the pages which follow, a comprehensive record of all departments of the New Y ork money market for the last six years. This is the first attempt ever made to preserve that department of business affairs in a shape fitted for ready reference. The little table we have heretofore published annually was so incomplete as to be of scanty use. We have often had calls on us for a work of this kind. Every one will readily see how important it is to the student of economic subjects. In connection with the international conferences held respecting silver the demand for a record covering the years since 1873 was very pressing, but we could not supply it, and indeed the details for those years would be beyond any one’ s reach now. A m ong bankers, and less often, but at times, among merchants, this compilation will have a more practical value. Even lawyers in the conduct of their litigations in relation to mercantile and banking affairs often need the record. But aside from these special calls for the data here given, there are many other purposes for which a knowledge of the money market in past years is frequently desired. It is well enough to add that the monthly summaries of the money market to be found in the “ Retrospect,” published in the number of our journal issued the first Saturday of each year, should b9 con sulted. These tables used in connection with those recitals of each month’ s events affecting money present the loan market and the influences affecting it in most complete form. The tables require but little explanation. As will be noticed, we first give the call loan branch of the market— that is the range at the Stock Exchange for each week, the week’s average rate, and the minimum rate at banks and trust companies ; by the range of course we mean the highest and lowest extremes for the week; it may happen that in any given week the transactions at either extreme may have been very small. It is for this reason that we show in addition to the range the average for the week. This average cannot of course be determined with absolute accuracy, but we have sought to furnish as close an approximation as possible. Following call loans we give time money; under that head we report separately transactions at 30 days, 60 days, 9> days and four, five, six and seven months— all representing choice collateral. Finally, the rates for commer cial paper are presented. First among these are double-name paper divided into choice 60 to 90-day contracts ordinarily known as bills receivable, and choice 4 months paper, known as commission house acceptances. Following the double-name are single-name paper; here it will be noted that in 1894 two new classes are en tered, making three classes of single-name paper as against only one class in previous years. This change grew out of a new practice by commission houses in dealing with acceptances of consignors. Theretofore commission houses had issued acceptances covering drafts made by consignors which are classed choice 4 months doublenamed paper, a3 noted above ; but in 1894 the same houses began to give cash to consignors and issue their single-name notes, upon which they received cash in the market, and these are termed prime 4 months and prime 6 months commission house names. A few of the older houses still continue to issue double-name acceptances. MONEY MARKET AT NEW YORK—RATES IN 1895. CALL LOANS. TIME LOANS. At At 30 Ran ksdKEEK jStock Exch'gc Trust Co days. Ending \Range. a c yt Range. Range 60 90 days. (lays. Range. Range. 1 5. 1 —1*0 1*4 1*2—2 [0 _ 12. 1 —1*0 1*1 1*2—2 2 _ 19. 1 —1*2 1*8 1 —l*o 1*2— 26. 1 —1*2 1*8 1 -1*2 0 _ Fel). 2 1*2—3 O •2 __21.>[to _ 9. 1 -2 1*0 2 —2** [2 — 16. 1 —2*2 1**1 2 —2*o 0 _ 23 1 —1*2 1*4 1 —2 2 _ Mcli. 2. 1 —5 1*2 1 —2 2 _ _ 9. 1*2—3 O 2 — 3 _ 16 1*0—3 2*4 2 — 3 23. 1*2—3 3*4 2*o—3 _ 30 2 —3 2*2 3 —3*2 _ Apr. 6. 2 —3 2*2 2*o—3 13 2 —3 2*2 2 —2*0 _ 20 1lo—2*o 2 ^ 2 —2*2 27. 1*2—2 1*u 1*2—2 0 __ May 4 l —2 1*2 1*2— 11 1 —1*2 1^8 1*32 — 18 1 —1*2 i*i 1 — 2 _ 25 1 —1*2 1*4 I -1*2 2 _ June 1 1 —1*2 1*4 1 — i*o—2 H- 1 —l*o 1*H l*o—2 15 1 —1*0 1*H 1 — l*t>—2 22. 1 —1*2 1*8 1 1*3-2 1 -1*2 1*1 1 —‘ 1*2—2 July 0 1 —3 2 1*31*2—2 0_ 13 1 -1*1! r*8 1*220 1 —1*2 1*4 1 -l*2l 0 _ 27 l —1*2 1*4 1 2 — Aug. 3 1 -1*2 I*fl 1 — 210 1‘2 1*6 1 _ 1*2— 1 1 17 •U-l 1*2— 24 1 — 1 1 1*3] 1l.w31 1 — 1 8cpt. 7. 1 — 1 1 1*2— 14 l —3 1*0— 1*3 1 ~ 21. 1*2-3 1*2—2*3 0 _ 28. 1*2-3 T"H 2 2 — 1 U — 0 1 .J 0 _ Oct. 5 ; 2 12.! 1 -3 1 2*4 2 - 3 2*3— 1!) 2 -2*2 2*4 2*326. 2 -2*-. 2*8 2*0— Nov. 2 2 —2*oj 2*4 2 —2*o 2 _ 9 > —2*o 2*8 > _ 0_ 16.! 1L>—2 j 2 fio— 2 I2 _ 23.11*5—2 j 13, [*o—2 ,2 _ 30 |*0—2*0 2 —2*o 2 _ Dec. 7. 1*2—3 1 2*4 12*2— 3 12*2— 14 IJo—2W 2*2— 21 i -100 7 1*2—23 I7 — 5 28.' i —no 0 1i — 1 $ — Jan. 2 *o— 2 *o— F ou r | Ft vc | S ix j S v en . Months. Mon Ihs.'M on th s.' M onth Range C O M M E R C IA L P A P E R . I D ouble-nam -\ i C hoice Choice 160 to 90 F o u r Ra ngc. \ Range. Range. jj days. P rim e 1 P rim e Four S ir Months. M onths. M ouths. . 3 —3*2|3 —3*0 1 2 3 4 -3 3 -3*2 3 —3*o 3*2—4 4*2—7 3 3*2 3 - 3*0 2%—3 3 —3*2 3 —3*2 3*2-4 4*0—7 2*o 3 3 —3*2 3 - 3*2 3*2—4 -1*2—7 2 3 4 3 0 _ 3 “— 3 • 3 - 3*2 2%—3 3 —3*2 3 -3*o 3*2-4 4 *2 —7 2*o—3 3 — 3 * 2 3*2— 4 4 4 • 1: -4*0 4 - 4*< 4*2—5 7 — - ' 4 3 — 3 — 3*2— 4 4 -— 4*2 4 |3*2— 1 —4*0 1 5 4*2-5 7 — 3 — 3 *o 3 — 3 *o 4 — 4 *o 4 --4*o 4 4*2 4*2 -4*2 13*25 —5*2_ 6 -8 3 — 3 *2 3 — 3 *o 4 — 4 *o 4 --4*2 4 3*2-4 4*2— 4*2—5 *2 6 - 8 3 — 3».» 3 — 3 * o !4 — 4 *o 4 --4*o 4 334 - 4 -4*o 4 —4*o 4*2 5 “ 5*2-7 3 ~ 3 * o 3 — 3 * o ,4 — 4*o 4 4 334 4*2— 5 4*2-5 5 —5*2 3 — 3 *r 3 — 3 * 2 *l —4*2 4 -4*2 5 — ;3S4—4 4*4—5 4*2-5 5 —5*2 3 — 3 *2 3 — 3E~ 4 —4*o 4 -4*2 4*2—5 4*2-5 4 — 4%—5*4 434—5*4 5 —5*2 3*2—4 3*2—4 1 -412 4 -4*2 134-5*4 4% -5*4 5 —5*2 4 3 *2 — 4 3*2— 1 4 -5 — 4 —4*2 434—5*2 -134—51.2 5 - 6 3 —3*2 3 — 3*o 4 —4*o 4 -4*2 4 — 4*2—5 4*2-5 5 - 5 *2 3*2-4 4 -4*2 4 — 41*7— 4*2— 1*2 -5 6 - 7 3 — 3*s 3 — 3*2 3 *2 — 4 4 -4*2 4 —4*2 ,3*2-334 4 -4*2 4 —4*2 4*o—5 5 —6 2*22*2- 3 — 3 -3*2 | 3 — 3*2-4 334—4 4 —4*2 5 - 6 2 *o— 2 *23 — 3 3 -3*o 2%-3 3 - 4 3*2-4 4 —4*2 5 - 6 3 -3 2 _ 2 *o— 2*23 3 — 3 — 3 -3*2 3 —3*o 3*2 - 4 4 —5 2 342 _ 2 io_ 3 2*2 — 3 — 3 — 2*2—2% 3 3 — 3*2—4 4 —5 1 *2—2 2*22*2— 3 2*2— 3 2*2—23 4 334- 3*4334- 3*4 3*4 - 3*2 4 — 4 : 1*2—2 2*22*2— 3 2*2-3 - 3*4 3 —3*2 4 —5 ,2*0-21*4 334 3*4334 1 *2—2 2*22*2— 3 2*3 3 2*2—2% 234—3*4 334- 3*7 3 —3*2 4 - 4 1*2—2 2*o2 * 2 -3 ,2*2-2% 2*2-3 334 3*4334 - 3*4 3 —3*2 4 - 4 : 1 *2—2 2 __ 2 *o—3 2*22*2-3 2*2 234 234—3*4 334- 3*4 3 —3*2 4 - 4 L*o—2 2 — 2*02 * 2 -3 2*2-3 '2%3 — 3 -3*4 3*4—3% 4 - 4 2 — 2*2- 2*2- 2%2 %— 3 2%—3 '3 — 1 -3*4 3 —3*4 3*4-334 4 - 4 : 3 — 2 *2— 3 3 — — 3 — 3*4—1 3*4-4 3*2-4 4*2—5 3 — 2*23 — 3*23 — 3*4—4 3*4-4 312—4*2 4*2—5 2*2- 2*2%- 3 234—3 2%-3 3 — 3*2-4 3%—4 1 —4*2 4*o—5 2 — 2*2%- 3 21*4 3 2**4- 3 3 >4-3*2 3%—4*4 4 —4*o 4*4-4% 5 - 6 o _ 2*2- 2*2 2*22%- 3 234—3 2%—3 3*4-3 *2 3»4-4*4 4 —4*o 1*4—4% 5 - 6 2 — 2*22 *2-' \- 3 2 3 4 - 3 •234-3 3*2-4 3%—4*4 4*4- 4*o— 5 —6 2 — 2*23 234—3 - %—3 3*2-334 334- 4*., 4 —4U 1*4—4% 5 —6 2*22%2 — *2— 2*22%- 3 2 3 4 - 3 2%—3 3*2-4 134—4*44*0—5 434- 5*4 5*2—7 2 _ 2 *02*23 - 3*2 3 — 3*2 3 -3*2 3*2—4 4 —4*2 4*2—5 4%—5*4 5*o—7 3 — ,3*2— 4 3 — 4 — 4 — 1*2—5 4*2 5 4%—5*4 2 * 2 -3 3*o— 2 * 2 -3 3*o- •4 3*2—1 3*2 4 4*2-4% 4*2-5 4*2-5 5 —5*2 5*2—7 2 *s— 3 2 * 2 -3 3*23 *2- -4 3*o —4 3*2—4 4*2—5 i3t-5*o 134-5*2 5 —5*2 5*2—7 3 — 3 — 4 — 4 - -4*2 4 —4*o 4 —4*2 4%—5 3 —5 *05 —5*o 3 — 3 — 3*2-4 4 - •l*2 4 -4*o 4 —4*2 434-5 3 —5*o 5*4-6 3 — 3 — 3*o—4 1 - 4*2 4 -4*0 4 —4*2 43i—5 5 5*2 55 —5*o —5*o 5 *4—6 2*2*3— 3 — — 3*2- -4 3 *0 - 4 1*2—5 4*2— 5 —0*2 1*2 5 2*2*2— 3 — — 3*2- -4 3*2-4 1*2— 4*2—5 4*2—5 5 —5*2 2*23 2 *2— 4 —4*2 4*2-5 4*2-5 5 —5*2 3*2- -4 3*2—4 — 2*23 — 2 *2— 3*2- -4 3*0—4 — 3%—4 4 -4*o 4 —4*o 4*0—5 2*2*5— 3 3*2- -4 13*2—4 — 334—4 1 —1*2 1 - 4*o 4*2— 5 3 — 3 r3*24 -4*2 1 - 4*o 4 -4*2 4*0—4% 1*2—5 4*0—5*2 3*23 — 3 — 3*2- 3*0. 4 4*o 1 —4*2 4 —4*0 4*2-5 1*2—5 4E.—5I0 4 —3 I - 5 i 5 I ‘ -5 4 - 5 — ,4*2;4*2-5 1*2-5 5 - 5*2 0 — 16 — — 16 — 10 — 6 6 1 — •7 “_ 1895. Sing!' -nam es. WEEK Ending Jan. 2 *o— F eb. M ch. A pr. M ay June J u ly A ug. S e p t. O c t. N ov. D ec. 5. 12. 39. 96. 2. 9. 16. 23. 2. 9. 16. 23 30. 6. 13. 30. 27. 4. 11. 18 25. 1. 8. 15. 22. 29. 6. 13 20. 37. 3. 10. 17. 24. 31. 7. 14. 21 . 38 5. 12. 19. 26. 2. 9. 16. 23. 30. 7. 14. 21. 26. THE CHRONICLE. J a n u a r y 25, 1896,J 167 MONKEY MARKET AT NEW YORK—RATES IN I SO I . T IM E Z O A X S . COMMERCIAL PARER. 1894, Seven 90 Four At 30 eo Six Double-name. Five Single-names. At dags. days. Months. Months. Months. Months. Choice Choice Prime Prime Stock Exch’ge. Banted days. Good TruslOol irises: 1T££ir eo to 90 Four Four Six 4 toe Ending Range. Av'ge Range. | Mange. Mange. Mange. Range. Range. Range. Range. days. Months. Months. Months. Months. Ending _ — 3 — 3 ^ —4. SV—1 3*2-3% 4 —4V 2V 3 5 —5V Jan. 6. Jan. 6. 1 -1*3 IV 2 -2 *2 2 — 2 V - 3 2*4-3 3 - 3 V 3 —3*3 1 —4*2 2 —2M 2 8 - . 5 -6 13, 51-1*4 1 ,3 V — 13. --— 2 — 2*4—3 3 -3*4 3 3 —3V 20. V - 1 V 1 5 -0 20. 2 -2*4 1*4— 3 V -4 V 3V — --—. 2 2*3— 2 j ‘2 — 3 - 3 V 3 - 3 V 3 —3V 3 - 3 V 3 V -4 V 27. *3—1*3 1 2V -1%-G 27. — — 3 — 2 -3 2 —2*4 2 - 2 V 3 — S V -3 % k —4.13 V— 1 3*4—1 Feb. 3, *3-1*2 1 4 % -5 V Feb. 3. — — —**>—2 — '2*3— 2 -3 .2 5 -0 3 - 3 V 3 —3V 3 —3 V 3 —3 V 4 — kh 10 10. *3-1*2 1 -- 3 — 2*3— 2*3— 3 2 -3 3 — 3 3 —3 V 3*1—1*2 4 V -6 17. *3-1*4 1 17. • -• —■ -3 3 3V242— 2 -3 j2 3 — 3 —3V 3*1—IV 21. *3-1*3 1 24. 4*2—5V — — 2 _ 2*4— 3 -4 3 -4 , 3 —3 V 3 V -IV 4*2—5*2 Mob. 3. 2 -2*4 2 Mob. 3. *3—1*3 l 2 _ 2 V— —« — 3 3 3 3 — 3 V—1 2 -3 j2 — 3 — 10. 10- *2-1*3 1 -1 —5V — --—2 — 2 2*a3 2V 3 3 — 3 V—1 17. 1 —1% 1*8 2 - 3 4 32—5% 17, *--— 3 3 3 — 3 2 — 3 — 3V—4 2 :2V— 24. 24. 1 —1*2 1*9 2 — 4 V 5 V *> — — 3 — 3 3*3-4 2 — 2*3— 2 V— 31. 31. 1 -1 * 3 m a —s 3 3 4V—5*j --. 2V — 3 — 3 3 •3 — 2*s— Apr. 7. 1 - 1 % i*« 2 —2>s 2 2 V— 3 V—1 4 V - 5 Apr. 7. — — 2 — 2 *3 3 3 — 3 V----1 4 V -5 2 2 V— 3 — i3 14. U . 1 -1% 1*9 2 — 2 — 2*-— 3 2 1 .il —AM i v .2 — 2 2 V— 2 *4 3 21. I s v - s v 3 V—4 4*3-5 —■ — 2 —2 2 *3 3 3 3 3*4-4 13 28, 1 —1*3 1*9 2 _ 28. 2V 4 V—5 V *3 — 3 — 3 — 2 — 2 V— Four to Six 2 — 2%—3 3 —3 V 1*3May 5. 1 —1*4 I V .1*3—2 3 V—5 V May 5. 2 —3 3 3 2 % -3 3 —3*4- Months Karnes. 3 V —5 12. 2*4— 12. 1 — 1 1 -1*4 1 1*4— • I 5 12 jjig—4' 2 — 2 — 2*9-3 2 V—3 2 V - 3 2 V -3 3 —3*-> 19. 19. 1 - 1 * 2 i*e :i —2 i l 'l*a— 2 — 2*4-3 2 V—3 2V—3 13 l 3V—1 1*32 20- 1 -1*2 1*8 1*2-2 3 -3 V 20. 4 V -5 V 3 — 3 3 2*43 -3*4 3*a—4 June 2. 1 -1*4 1*9 1*4—2 ! t 4*9-5 V June 2. IV — 1*22 IV 3 V—A 9- 1 - 1 * 2 1 9. 1*2-2 ; 1 — 2 V -3 2V—3 2*3-3 l a v - 3 3 •IV—3 V 1*42 — 2 3 3 — 3 *9 -4 2 V— {2 %—3 3 — 10. 1 1 l'hr~ 1l 16. 2%— 2 3 — 31*—4 23. 1 1 3 a v -s 3 IV 1 — 1% ~ .1%— •1*9—5*9 23. 3 — 2 '2V— 3 — 3*9-4 30. 1 — 1 l —1*4 1 2V— ]3 3V 30. 4*9—5 3 —3% IV 3 — T1^-—5**2 July 7. 3 July 7. 1 2V — 3 1 1 —1*2 1 — 8*3-4 4 2 — 3 — 3 — l —1 13 l — 2 — 3 —3V 14, 1 — 2*4— 1 IV UV—4 1 V -5 V 14. 3 3 —■ 3 —3 3 —3 V 3 1 t -1*4 1 21. 1 _ IV — 2 2V — 3 4 V—5 21. *2 — 3 _ 3 2 V - 3 -3 3*4—3% 1 l ~1*4 1 1 —4V 28. 1 — 1*412 2-8. 4 V -5 V 1 —1*3 l — 3 3*4—3% Aug. 1. 1 — I V —2 2 V (2 V 3 - 3 V 3 —3*4 13 3*9— 1 1 4*4—5 V Aug, 4. t -l* v 1 3*4-3% IV — 2 —2*a 2— s v 3 3 **9-8*1 3*4- 3*» 8 11. I 11. 1 3*9—! 4 *9—5*4’ 2 — 1*4-2 : 1*43 3 - 3 V 3*4—3% 1 -4 *4 18 l 2 V— 3Ji l 3%~4 3*1-1 4v— r.v 18. l 1 _1V 3 — 3 • % -“*"-4 3 ’- 4-3 V 2 — ;2 V ~ 3 —3V 25. 23, t 1 1*4—2 :*V~ . 3 V -1 4*9—5V 1*4— 3%— 3*2—4 3V—4 ,3 - 3 V 3 V - 1 3%—«4 1 —t v 4*9—5 V Sept. 1. 3 — 1*3-2 J I V 2 2*9— Sept, l . 1 1 — 3 2 A - 3 V 3*2—1 i v - 4 8. 8. 1 l 3 —3 V 3 - » V 1*3-2 11*44 —4*e 4 V -5 V l%—2 : 1.%-» 2 — ‘2%~~ :* A —3V 3 —3 V 15. 1 1 •3 —3 V 3%-~~4 3*4— 1 4 —4 V IV—5*a 15. — 3 — * 8 _ 2 V— 22. 22,11 1 1*3-2 1*38*3-4 3*9-4 •3*4—3*9 3*9—1 3*9—1 l - « v 4*9-8 1 -2 , IV 2 A — 13 3 29 1 — 2 — 1 29. |3 —3 V 3*2—1 3*4— 1 i —t v •1V—7 —* 1 -2 ! IV 2 2 — Get. 8 1 l 3 — 3 — 13 — 3 3*-.- l 3*9—1 3%—IV 4 V—7 Oet. 6. t* ^ i — ; 1*4— 2 — 2 — 2*4-3 2 V - 3 2*3-3 .•-••<1-3 3 —3 V 3 ~ 3 V 3%—IV 4*2-7 13. 1 1 13. «.» H — 1 tg— 3 3 12*4-2% :j — 3 — 2 20. *3—1 1 3 —1 4 V —7 20. i 2 _ 2 — 3 3 —1 4 V - 7 2 ~ 2*9-2% 3 3 — 27. *3-1 1 2 V— 27. v - i i 1*3— SV2 3 2 3 Nor. 3. %~*x 12*4-2*% 3 1 *3-1*4 l SV-a 3 — 3 —1 4 V—7 Nor. 3. l _ 2 — l 2 — 2 — 2 ls — 2 *a 3 — 3 — 1 3 — 3 —1 4*3—7 10. *3-1 10. — 1 1 17. 1 2%— 3 SV—3 3 —3 V 3 —3V 3V —4 4 V—7 3 IV 3V~ 17. 2 V— omt. 3 1 — 2%-~ 2 % -3 3 - 3 * : 3 —3V 3*2—1 4*2—7 3 24. 1 1 24. IV 2V 2 V— — 1*8 t - 1 % 1‘3 -2 2 V—3 2 V —3 2V—3 3 —3 V 3 —3% Deo. 1 1 - 3 2 % -3 3 - 3 V 3 -3*2 3V —l 4 V—7 Deo. 1. 3 —3 V 3 —3 V 3 - 3 V ' 2*1-3 3 - S V 3 - a v a v —t 4 V—7 8 .4 —1*3 1*3 1 -1 * « I V - 3 IV —2 2*3— 83 — 3 15. 1 —2 2%—3 3 -3%: 3 -31-33*2—1 4*2-7 IV 2 2 1*3 1*4—8 2V — 15. 2 *»3 - 3 % 3 —SV 22. 1*3-2 2 Y - 3 3 - S V 3 —3V SV—1 4*9-7 22. 1*3—2 2 V— 2 V— 1*3 **3—2 3 —3% 3 - 3 V 29. 1*3-2 2 • 2V 2*3 3 IV 1*4 2 A -3 3 —3 V 3 - 3 V 3 V — 1 4*9-7 29. CALL LOAKS. 1894. MONEY' MARKET AT NEW YORK—RATES IN I *»,'{. OOmiS&CfML PAPER i » » 3. 44 | Doublename. ............ \Slack Exeh'gc WEEK K X O IX O Range. Atfgc Range. ».i Ci n j ._•i . _•; Ei ,.< I r , r Rung,. Ron,,.. i l to p iy 1 « Range Si'(■/-!/■ nam e. Cholic ’ hunt ttnOfl to M i f o u r 4 to <! Range. Range. Range. ifio ’ d,lv '„ Month* Month*. » ,i i . , n ,i> li j I i l l , a b lt io j t-1 iiiter.M t. 1893. WEEK RXDI.Va- 1 THE CHRONICLE. id [Y ol. L Xli. MONEY MARKET AT NEW YORK—RATES IN lS 9 !i. —... . e'OMMERCIA I. PA PUR 1892. Single| Double-name. name. WEEK Stmt I Good 1 Choke Choice ENDING w eekbndW E 60 to 90 Four § 4 to 6 " Range. Bunge. Bunge. ItailffC. Mange. ; days. Months. Months. Bunge Range. Range. | _ 5 % 6 .......Janu’y 2 i % 5 —5>a 3*0—4 1 — I '3— 2% 3 •lajiuary 2 ..........• —4*o— 9 i.%-5%. 5 —6 .. . . . l 4 <o— l — 4*289....... . 1*3-4 _ 4%—54j 5 —(i ..... 16 4 — 4 %4 *s4*28 %— 2% 16......... i - is 23 4 — 4*4—1% r> —513 .. . . . 8 *2— 4- — 3 t —2 23*...*.... 30 3 >3—3% 1 -41-2 5 —5% •>i., 3 OJL,—3 3*2—4 3*0—4 3 *2—1 8 0 ......... l —2 4 — 1 —- - 3 >23%—4% 4%—5% ...... Fehr’y () 8 ‘ —3*2 3 - 3 % 4 — 3'<yimmvj 6 . . . .. . . . . 1 —2 4 . 1 2 — 5*0 ...... 4 3*0—410 13 3 < o—4*o 3*2—4*2 3*2— 2*o—3. 3*2—4>s 2 io—3 1 3 ,....... 1 —2 4 - 4 %. 4%—5% ..... 20 Ui 1*>ifl— 3 sy,— 3*2—4 3*2—4 3*2—4 3 — 2 0 ......... U«—2 38 " 4 % -5 4 — 4 1-2— 27 4. — . 4 —- 4 3*2— 3 *3— 27. . .... 1 4 —- - 4%—5 5 —5% ----- March 5 5 — 3 *3—4 jib 3*0 4 4 V 3*o—l 1 l*— 2 Man 1 C, . . . . . . 4 —' 4%.—5 ;> —6 ..... 12 1 4*23*‘>— 3*2— i IV 12.......... . 1 t.r --2 4 — 4%—5 5 —6 (4 — 19 4 — 4*2 4 >2— 3*2— 3 '— J%—3 19............ 1i«—-2 4 —• ...... 4 —4 %—0 5. —6 4 — 8 *o— 26 3*33 •— 2 6 ......... 1 Uy—2 2 4 — 3*4—1 4 —4% 11*3—512 ----- April 4 jj3 3 — 3V— ;s v April it............ 1%—2 31-24% - 5 4 — 4 i 9 3 *o— 3 — - 3*23 — 9 . . . ...... 1 rt “ 4 —its 41-2—5>2 16 3 — 8 — 3 * 2 — 3 * 2 8*2 21 * ? . --1ay—2 16...... . 3%o4%—5 2 L -? _ 4 -— 4*2 4 — 4 ' 23 3 — 3 %— 2 *o 23. . . . . . . . 1%—2 3 — 30 a >4—s >-3 3%—4% 4%—5 3 4 — 4 — 24>— 3*3— 30. .......... !>•.: 3 bj: 3>4—3>2 3%—4*4 •1J3—n .. .May 7 3 3 — 3 V—1 3*2- 4 2 U— 1% May 7........... 1 —2 _o __ 4 —5 3% —4 3 -3*4 14 3 %— 4 2>3—3 3 V a > 2 8 , 1*2 14......... .. 1 —2 ]*) 4 —5 o 2*2—3 _ 3*2— 4 3 S i j 21 31-2-1 2*o-3 3 V— 1% 2 1 ......... 1 —2 .? _ 8 %—4 4 —5 3*0— 28 •> ---- 2*3— 3 3 — a 3*2Oft 1 ---2 1% 21.-,__ 2 ._ 2h,— 4 3 —3*2 3 —g o 3 ~3>!3 2%—3 3 >3-4 4 —5 ......June 14-1 «JtUiv 4....... -.. i - i jn f> _ 2*0— 2 %—3 31 4 —4 4 —5 3 11 3 .£$* 2*3— 3 ■ ; 1 1 1............ 1 —3 5 I M 3%—4% ■ A 3 3 % 2 4, — 9m —3 1H 3 2 — 1*4 I V i s ............. i - j —• j 3 - 3 >4 3%—4 4 —5 4 — 4 — 25 9 3 — 3% l % i% 2 5 .......__ t - 2 2 j,i 3%—4 4 - 5 3 — ...... July 3 _ • 8*2—4 3*0—4 2*o— 3 — i% J illy 2............ 1 hr—2 4 —4% 3*4—3% 4Y—5>a 9 4 |5»-, . 2i.i— 3 — 3*2— 3*2— 0............. 1 %—4 4 — 3*0. — 3 %—4% 3 *o— 4% 5>2 3 -3>.j 16 loO 3 — 1 —3 16...... . 4 %—0 io 4%—5 23 3%— 3 13*2—4 2 *o— 3 V -4 3 — 1% 2 3 ......... 1 —2 312-3% 4 — 1% 4%—5% 30 3 — 3*2-4 3*2—4 3*2 - 4 2*0— - 3 — 1 —2 1% 30...... . 4 3*2—33.1 3%—4 4%—T*0 3 —- ■ 3*2— 4 — 2*312 — Angus s 6...... ;•... 1 —2 3%—3% 3 %—4 4*4—5% ....... 13 3 — 3' — 3*22%— 2*3— 3 V— l2 — Us 13............. 1 —2 3 o_ 20 i2 _ 3*2—4 3 >3-1 3% - 4 4 —-4*4 414- 4 % ■x%—5 % 2*o— 3 — 1% 2 0 .....___ 13.2—2 4 —4% 5 —5% 5%—6 4 W £m 4*2— 27 3 — 3*3— 4*2— 2*o— 27......... 1la—2* 2 4*o— 4 — 5*4—5% 5%—6 _ _ ;Sept’r 3 114 41-2 3 — 3*3— 4 V— a 3% 3 September 3. 6 — 5 —^ 10 I V ■:> 5%—6 6 — 4 2*o—5 4 3 —6 V 5*0 — i 5 — 5%—6 .r. 6 — 6 — 17 4% 5 4 —5 17. 5 lH H r>V~ 434——• 5% 6 6 - 6 V . . . IT" 24 4*3— 4*2— 3% 4 3 —4 24. 4 — 5 — 5V--6 .....O ctober 1 5 I — .* 4*2— 4 — 4 V— 442 4 -4*2 3 —6 October 1. 5 — o — o 413—4 % S —5% 6 - 6 V 8 4 — i — 4 4 —10 5 — 5 —5*2 0 %—6% 6%—7 15 6n » 6 — ■6 — 43.2-10 6 Hi 5 15. 5 —5 *2 6 — 6 —7 6 — ■ 6 — . 6 — 22 6 — 6 — 6 0 4 —8 2)2. 5%—c 6 - 6 V 6 —■• k 6 5*2— 29 6 — 6 — 6 — -7 53*3 6 5ii>__ 5 —5%. 5*2-0 6 —6% ...... Nov’r. 5 6 —- 6 — 6 — 8 0 6 JSovcniber 5. O .. 5*2— 6 — 5%—6 6 —6% 6 — > 12 6 — 6 — 5*3— 6 5% 6 12. 5 — 5 — 5% -r>%—6 .. _—■ 5*2 — 19 5 — 5*2— 5*2 4*o— 6 5 4 % -5 5 —5% 5% — 6 5 — 5*2— 26 4*o— 5'% 5 — 4% 3 —6 26. — 5 — 6 — 513—6 6 — 5*2—- 6 ....... Dee’r 8 .5 — 4*q 4*2—5 5 4 —6 Decernber 3. 5*o— 5. — 5%—6 5 — 5i s 10 4 — 4**> 4 —4*3 5 •__ 5*2— .5% 4% 5 — 10. 5 H§ 6 — 6 -5*4—5% 5%—6 17 .5 — 25 7 6 — 17. ^rrr ■srs.’ i — .. 6 — 6 — 6 — 24 0 6 — 3 - 4 0 10 6 — 24. . . 6 — 6 ------ e ------ 6 — j 6 4 —10 5*2 6 — Je 31. m as to CA 1892. ; . | At 30 jflankBit : dags. [Trust fjt 60 days. 90 days. a NS. Four Five Sic Seven is the class o l paper commonly known as commission liouse names. MONEY MARKET AT NEW YORK—RATES IN 1 8 9 1 . COJUREEC/aIX PARER TIME LOANS. 1891, Single Six Seven Five Four J3 I 60 90 0 At Double-name. name. WEEK Months. days. days. Months. Months. Months. Stock Exch’gc. BanksA <h */o Good ('rust Go Choi e phoice YEEK ENDING— ENDING— 60 /o 90 Four § 4 to 6 flange. Avg■ Range. Range,. Range. Range. Range Range. Range. Range. clays: Months. Months. ■.fe. ■ 7 — ' f>- — (5 — 6 —■ 8 -84> .....J a p u ’y 3 7 -8 3 -9 6 3 January 6 — 10 6 % -7 7 - S 3 — 6 — 6% 2 % -6 6- 4*2 6 — 10 )--0 > _ 0 — 17 0 4 2 —6 5 -6 6 —6V 7 —S 5 -6 5 -6 17 6 7*o 5 44i 5 24 3 2 —5 24 5- _ 31 4 — 4%— 4%—5 ! 5j.-5 i%—5 5 *o—6 534—7 1% - 5 1*2— 3 31 3 - — . 5 -— 5 3 -T...... Fehr’y 7 4 *2— 4%— 2 —4 5 — 5 —5% 6 - 7 3 3 -4 February 7 5 — >- ■ — 4%— 4%— 5—— it 1*s—4 3 3 —4 4% 5 — 5 — ■ 5 —5 % 6 —6% ...... 11 3- — 4h>— 5- — 21 4%3 5 — 5 —5 % 6 —6% 4V5 — 2 —3 2% 4. 21 5— •j 5 — i!8 t— 3 -— 2 —4% 3 3 -4 o%—5% 6 - 7 4 — 1*2— 5- — us —— 5- — 3 5» — 1. —4 4 — 5 — o~ -— 3 5%—6*o 6 —7 .....M arch 7 Morel) 5*2— 3 ■1 ——i 5 — j — 2 —4 ..... 14 5 — 5 —5% 534—6 % a - 7 2 3 —4 14 IV 5 ---1 : 5 — A -rrzS ik 5 — > — 5 v '-— 2 —4 8 1 • 21 5 %—6 6 —721 IV— . e—i 4%— 2 -4 4 — 3 4 — i% — 1%—• 3 —— 5 —5% 5%—6 6 —7 28 28 4 E>— 1 ] *2—4 5*2—4 1%— •) — 5 ■— 5 —5% 5%—6 6 - 7 ----- April 3 5 - '— A pril 4 4*0-;j —— — 4%— 3 2 —4 5 —4 4%— 3-— ll 5 —5% 5 %—6 8 -—7 11 2 —( 5 3 — l — 1 — 4 — .4-% — 3 — 3*2 4%— 5 — 5*4—5% 5 %—7 18 18 3 —5 3*-; 4.%—5 4%—5 3 —5% —.— . 5 - — 4- — 2d 4 25 5 —5% 5%—6% 3*2 3 4- — |4%—5 1%—5 .3- —5% 3 —5 io 4%—5 5 —5 *o 5%—6% .. . .May 2 % -9 o 4 — 2 2 3*2 3*g—4 May —— A 5 —5% 5%—6 6 - 7 4 3 —6 V — 5— 5---9 b 5%— 9 5 V—6 ■3%—0 2 * 2 -7 6- -6 6----6- — ..... 16 16 0 — 5 - 5 b 5%—6 0 - 7 4% - --4*3 3 -6 6 — 6 -— 6 — 5%— ..... 1 21 23 6 — 5%—6 0 - 7 — 2*2-6 '—k 4*2 1*35%—6 5*2—6 >%--0 30 5 % -6 6 —7 30 5%— — 5 --—. 4 2 * 2 -5 Juno 6 6 .....Ju ne oJ a -7 6 5 l2'— a — 2 -5 3*2 13 5%— a 5% =^18 6 — 0 — 6 — 0 -7 p> 0 — 3 1 —4 i — -IV 4%— 5 34—6 % 6 —7 20 6 — 0 — 5 %— 20 5V1 -3 4 2*3 1 — 27 3*2— 5%— 2/ 5 %—6 5%—G 5 %—6 *4 6 - 7 IV 1 4 2 -4 3 1 — 4 July 4 i.%— 5 %—6 4*2— 5 — ......July B ■ i - 5 %—6 5%—(Mi 6 - 7 I *2—3. o - .4 ! .5 *2— 2 *2 3 - 4 11 4 —1% 4 V -5 5 *0—6 3%—6 3*2— 11 5 %—a 6 - 7 4*2— 2 1 —4 1%—3 •1 18 5 — a 5*2—6 5 *2—6 5%—6 6 - 7 18 5 V— % 1*2-28 2 4 . —4% 1%—5 (3 — 25 3 —4 (>%— • 6 V— 25 5 %— 6 6 —7 —-2. 1 5 —4 1. - 2 •i.%—5 ! % -5 0 — 1 August ,3%— 6 — () — 6 —6*0 0%—7%. 1*2-2 —5% -> —5% 0 — t% 3 —4 8 0 — (3 — 8 6 —45% 6%—7% ..... r>%2 3 —4 1 *2-4 5 — 15 6 0 — 6 — 6 — 6 —6% 6 *0 —7% 15 5% on 1 *2—3 5 — 5 %—6 5 V —6 5%—6 5*2—6 2*4 3 —4 1-4 — 22 5 *2=^-5% 534—a 6 —6% ...... 2% L 2 -5 4 5 - —5% 5- ~ 5 V 6 .5 29 6-— 6 — 2!) r.:%—6 6 —6% 0%—7 1 -5 3 % 3 —1 1%—5 5 —5% 6 •— 0 — 6 i September 6 — 6 —6% 6 —7 ___ Sept’r 5 5 %— t — 1. :4 2%—7 12 ■> - ■ 5 - — ___ 0 — 6 — 6 — 5%— 0 6 —6% 0 - 7 la .j ~.p, 4% 2 -5 3 4%— 6 — 03 6 -— 6 -— 19 19 (i 6 — 6 6 — 26 (5 — 6 — 26 6 — " 5%-G 6 —6% 0 —7 2 —12 6 6 6 — C«'toll(T 16 3 6 — 0 — ■ £> : 6 — 6 — 6 —6% 6V—7V L> 6 — i5%— 3%— 66 — 3 —6 — 10 0 — 6 — 10 (3 — ))%—G 6 —6% 6%—7% -1*2 4 —5 . ,.t _ 4 t. 4 —4*o 5 ---:5% 5 —5*2 5 —5*2 5 —5% 3 —5' b 5 S i1 1'7 5%—6V a —e v 4 -4 % i —4% 5 —5% 5 —5>a 5 —5% 5 —5'*o 3 5 *2— 24 8*2 i — 5%—6% 6 —6V 4 %— 3 4 3*s 3*2-4 4*2—5 4%—5 5' —G 5 —6 5 — 5 %—0. 5 %—6 % 31 3 ..i — 5 *3 5 —6 5 November 6 6 — 6 — 6 — 0 —6*o 7 3 14 4*2 14 —5 4 —4% 4 - 4 V 5 —5% 5 —5V 5 —5% 5 %—6 0 —6V 14 4 3 —5 4 -5 14 -Ht>a 1 —44 4 - I V 5 —5 >4 5 —5% 5 —5% 21 5 •— 6 —6% _,, 21 5*4—5% 2 — , 8*2 4 — 4 4 — 4%— 4 V ~ 28 5 — ■ 5 —*p 15 — .j . 5*4—5% 6 —6% 28 3 |4 4 — 4 — & I V -5 4 V - 5 4%—5 2 -0 3>eocmbcr 5 —5% 5*2%4 ...... Deo'r 5 — 5 ■4 — i lit-4 -4 >* 5 — 2 —3*>: 3 12 5 *o~— 5%— 5 %— 4%—5 5 ‘ —5*2 0 %—-6 12 . i —. 2 —3 ‘l - l>2 1 ■- 4 V 4 —4V J 1.2-5 1%—5 4%—5 2% 19, 4%— 5 —5% 5%—6 19 2 —4*e 3 26, _4_— I-IV—5 14V—5 4%—5 4 V - 5 t . i 1% 5 - 5 V 5V—6 ...... 26 CALL LOANS. 1891. '2 5 82 44 5 The-, is tile class ol paper commonly known as commission houao names. THE CHRONICLE. J a n u a r y 25, 1806,] 1 6 9 MONEY MARKET AT NEW YORK—RATES IN 1S 90. CALL LOAXS. 1890. iYEEKEXOIXO- llangt. Ar'ffej Kanin:. 1.. 8.. 3 15.. 12 22.. 1.............2 8.............. 2 15............ ::s . ’3 22. March _ iU 1 4 —a i l%— 4 4 — — 4 —10. 5 5 — -6 : 4*e r, -3% ' 5 - COMMERCIAL PAPER Four ! Fire \ Sic [ Seven 90 days. Mon ths. Mon ths. Months. Mon ths. Double-name. 1ft ir> — ft — 5*9-6 5% - 5*9—6 ft - 5 *9—6 ft —5*2 ft -5*215**— 6 5*9-6 5*2—6 5 5 ,4 5 5*2— ft 21-;-.-, | -1 4 —5 5 ~ 5 — 30.. ;5*s— .5*-— 15*9— 8 i llg 6 5 — 5 - ‘55*95.. April *•*r11212 . . 3 - 7 • tig 5 4*9- .5 — 4 4*st~ !5 4*2- » 10.. . t _ 1*2— 4 1 — 4 *2— 14; -26...........2 Hr-9 6 ~ 5 5 — L lh IK— 3......... 3*8—8 May 3 — 5 — 10............. 1 —11 i*4 r 2= 5 Da ft — t ft t; — 5 —6 17........... 2 -1 5 ; 0 24 ................ 3 -1 0 5.5->i 5*sa 5*3—6 1ft — r 31......... 2*2-10 4*2 5 — 3 _ ft _ 5*2- 5*2— 5 June 7.......... 1 - 1 2 5 5 —0 .4*2- D % 14........... 3 - 7 ! 4% 4 >2—5 5*2— 5 *2 — .5 f t 5*2e 3 5 21 ................3-ft 4'i 5ft — li 5*9— ifl ~ 5 — 28...........3 —10 5 ft — 6 5 5*25 ft _ July ft..........2 —0 5 « — 0 — ft 5*3— ,0 _ 5 _ 3*9-41 15*9—6 ,5 — 12 ................ 3 - 8 ftft4 _ |4,*a19 ................2—6 4<s5— 4*9- ,5*-5*s 5 -5*2 1*3 - 5 4 *2-5 S* -0*51:3 -5*2, ................- 2*3—6 1*2 1*4 -ft 26 'ft — is -5*9-5 -5*9' August 2..........2 - 0 I 1 !%, 5 S5 — 15 — ft 9.... .... 3 —20 ft's .ft - >* l« ,6 ft now. ft mtm. ,0 now. 16 nom. it! nom. 16........... 3 —2ft 10 6 6 do ft now. 6 now. 16 now. ft now. i 23........... 3 —186 2ft « 8 « — ft do ft noni. ft nom. •;6 now. 6 nom. i 30.......... 2 -1ft 0 ft — !ft do ft nom. ft now. m now. ft now. : September «........... - 1 2 <1 a 13 ................ 3 0 — -18ft 10 ;6 do ft now. 6 now, IG nom. ft now, fi d«<7 (ft nom. 6 nftm, 6 uom. fi now. ................ 2 6 — ................on 20 1 66 - , 4 •ft _ « ft — ;« -ft — . 27 ................2 — tf ft - 0 m October 4........ 3 —ft 1 6 - lfto — 5 H z 11...........2t—7 , t*3 5 —6 t'6 — 2* C ,6 ts is.......... 3 1 . - 6 t*s ft -ft 6 — ft — jft — ft — ‘ft — ffi ................3- 8« ;—6 25 6 — H 0 — ,6 — ;« — ft November 1 ........ 3 —30 ft I z ,1 ft — a ft — ,« — ft ft............3 -2ft 6 11 fir com. t’.+ com 6 — 15...........2*8—166 8 !*?r eon».|ft fHcom.jft-f com, 6 . com. 1; com 0 — 2 22 ................................ -186 6 •com. ft , com. 6 t com•lift cow. 1; t com. 20...........2 - 5 16 6 — ft * corn. *• - coin. 6 4 eon.,{6-rcoin. (ft-*, cow.) 6 — December >5........ 3 -1ft ft 6+t«HB.;«4 com. 6 (-com « . eou*..fi i com. 0 13......... 2 -186 ft (! _ 0 ft a ~ t: ft — 20........... 2 - « l 11 i6 ,0 — 6 ~ ift 27........... 3 - 0 ■l a uft — f 1890. ■15 —5Vi3®h-# 6 —7 !;s*a— « '6 -7 1 5*3— .0 — 6*8—7*2 . C1F .,,. 5*9— ft — 0 *2—7*2 5 *0— 5 ft*—6 ft —7 5 -5*« ti ..................April 5 —5*2 5*1-6*26 —7*2 5 — 5*9—6 ft - 7 5 5*9ft - 7 ■!5 — ,5*2—6 ft —7 ... .May Dtt 5 5 -5*s,6 —7 o 5 - 5*9 —5*9 5 *9 - 6 6 —7 5*9—6 ft —7 I-'ll- 5 5 -5*2.5*9-15*2 ., — 5 — *2:5*3—6*.; ..... June 44,-5 5 —5*9,5*14—6*2 5 5*2—6 ft - 7 3 -"> *4 5 V t i ft - 7 3 5V -6 ft - 7 July r> —5*9 5 *9 - 6 ft -7 ■5 — 5 —5*s G —6*2 5 _ 5 —5*215*9—6*2 r, _ 5 -5*915*9-6*2 5 >3— 5-V ft 0 - 7 ....... r.3, r,4j_ o 0 _ 7 ■5*2-53, (i - 7 ,5*.j-5m.5*t-« ft - 7 !5*»-6% 5V -6 5*9—5% .*>%_« lift — f 4 Thin Single- Choice Choice i»>60 /•«>«•§ Range. Mange. Mange. Range. |Range. Range. Range. CO c/«ys. Months, ft _ c, — ft — :5%—6 ,6 —C*e6*2—7 ft — ft — 'ti — jr>%—5% 6 - W f6*2-7 * -7 3*4—0 % 6 - 6 *2 0 *2—7 3 |4 !*e 5 — 5 *4 —0 5 *2 —6*2 , ia b .;3*S— 4 —5 4 —5 4 3 4 -5 5 - 51 -2 15 *2 - 6*2 4 '->—5 4*3—8 A ;5 ,481-0 5 -5% ! s *9-6*3 . :■ • 5 .5 —5*4"ft —5*4 js i 5 — 5 —5*e 0 *2 —ft*t . 5 _ 5 — 5 to 5 *2 —6 *s . i®*8— 5 -5*s 5 - 0*2 5*9— 5*2— 11 i totti} 4 .,3 - 6 i 8*S . . . 2*a—6 4 25.. February 10 - 2 5 ft - 60 days. f i o t 4 . .......... t —40 20 6 11............. 2 - 9 January TIME LOAXS. At ' At 1 30 fStneh Etch F rrh'fte Mach m EduksdTr,tftCo days. f *3d — 3% - ft —ft*2 6*3—7 ti —f t 0*9-7 . 0 - ftle 0 *s—7*2 . 5% -ft ft - 0*2-7 0*2—7 ft ft 7 —15 «>£-• '0*3 1.7*2— 7*27*8— .7 - 7 —8 7 -8 ft*■;- 7 7 - 8 Nov’r. 0*2—7 7 - 8 . for all c laseen. 7*9-8 8 - a 7*2—8 8 7*9—-8 8 10 ..... Deo’r 7*4-8 8 - 9 ft 8 -9 7 -7*f 8 —9 Is the clots o f paper cow w onlj known as commission house names. f IM P O R T S AMD EXPO RTS S IL V E R A T S A N OP GO LD AND \ axroRTs or out.a MOMTHS. F R A N C IS C O . 1895, The Collector of Customs at San Francisco has furnished i January,. kuliraary., us this week the details of imports and exports o f gold and j M arch..... silver through that port fer the month of December, and they April........ are presented below, together with the figures for the pre M a y ....... June........ ceding months, thus completing the results for the calen J u ly ....... lOfCUHt.... dar year 1803. The imports of gold were less than in any j Peptamb’r. month since August, the amount received reaching $91,907 October... November of which $8.1 M was in coin; and of stiver there December. came in $138,808, of which $07,187 was bullion. There has been received during the year a total of f t ,511,205 gold and $1,970,578 silver, which compares with $1,368,158 gold and $2,205,070 stiver tn 1894. The ship ments o f gold during December reached $93,415 coin, and the exports of silver have been $488,525 eoin and $426,100 bullion. For the year the exports of gold have been $819,205 against $1,011,046 in 1894 an i $13,177,757 silver has been sent out, against $12,752,613 in 1894, The exhibit for December and the year is a» follows : IMPORTS o r 'KU.D AMD SttVER *T 9 * 8 FKASCiSCO, momm. 1895. January... February., Marsh,. I., April....... M'7....... June....... July....... Auvusf ... Beptetub'r Ottnbvt . NnvtsmtKtr December. Total year gold. Coin. ----------- — ----- ------ ------ *----git.visa. Bullion Total. Coin. Bullion, 8 8 * * f 37,188 49,696 6,893 136,592 t.317 28,580 © s i 1,503 101.407 9,998 33,7 tl 090 116,633 43,737 3 t,W 59,964 110,979 257,696 111,093 10.381 83.584 93,038 11,348 117,379 32.MU 498,984 112,107 601,091 9,33* 42,400 51.730 7,135 ila'JlB 24' 90,210 #0,485 10,7076.171 8,31- 88,818 97,136 227,977 119.501 15,212 82,866 108,07.8 75,44i 123,690 *,180 111,1.97 112,33? 9,71' 96. .13 8,44s 83,549 8P.61X 01,997 67,197 641,017 S«9,<578 1,511,295 710,91* 1,259,659 Total. $ 148,485 102.90 * 117,623 360,78 • 128,72', 107,8; 4 136.090 8«,t>79 347,3'" H 190,1 0 X i"970,571 Total year tsn git.vsa prom s is Coin. Bull'n rauteiaco. SILVER* GOLD, Total. Coin. Bullion. Total. « 53,545 3,075 200 10,121 17,031 7,993 *20 58,004 79,321 i .i'fto 25 62,844 61.748 460 112,316 70 58,897 3,100 92,415 * $ 112,100 764,700 53,545 876,860 490,174. 80,674 403,500 3,270 10,121 88,662 1,374,000 1,402,862 410,218 914,020 1,324,23* 17,031 341,146 771,193 1,112,330 8,013 311,133 491,400 802,53* 58,084 798,875. 80,481 238,875 560.000 573,340 62,869 248,349 325.000 62,208 1,209,400 813,350 2,022,750 112,386 833,309 520,800 1,354,100 756,495 738,548 1,495,04* 59,797 438,525 864,025 428,1! 0 92,415 614,170 5,035 619,205 5,075.14« 8,102,611 13,177.757 B X o u e t a v i j s <£ a i n nx c r c t a U J u g U s I x ^ jcxb s fFrotn our own oorrespoodentd L ondon, Saturday . Jan, 11,1896, The German Emperor's telegram to President Kruger has excited a very angry feeling in this country, and all classes and parties are unanimous in support o f the Government in its active naval and military preparations. The best opinion is that the German Emperor acted contrary to the advice o f his responsible Ministers, and that he did not take full ac count o f the probable consequences of what ho was doing. It is hoped that no serious quarrel will ensue, though o f course there is always the danger that a sovereign o f the Emperor William’s character may be carried away by his am our p rop re. One result o f the political apprehensions that are now aroused will be a very large expenditure upon our defenses It seems reasonably certain at present that there will he a surplus for the current financial year, which ends with March, of at 1*a t 5 millions sterling. Under the existing law this surplus would be applied to the redemption o f debt; but the general impression now fa that as soon as Parliament meets a short act will be passed for spending the money 170 THE CHRONICLE. [V on. LXII, So far as the misunderstanding with Germany is con upon the navy. In the next financial year there will be on the present basis of taxation a probable surplus of 5 or 6 cerned, the calm attitude of the French press is decidedly millions sterling, ami many interests have been urging the favorable. Upon the Continent it is almost universally Government for grants in their favor. It is certain now, believed that the German Emperor was actuated by a desire however, tlrnt almost the whole amount will be laid out upon to curry favor with France. If that be so he has found by the Imperial defences. Another oonsequence will be that the this time that he made an utter mistake. The French news -Government of this country will withdraw from its inter papers have made it quite clear to him that an alliance with vention in Turkey, that the Armenians will then be left to France is impossible until Alsace-Lorraine is restored. The their fate, and that the inlluence of Russia in Turkey will be calmness of the French press and the correct attitude of the enormously increased. Until we have made ourselves per Russian Government are both favorable factors in the bring fectly safe against any possible combination of enemies, the ing about of a better understanding. feeling here is very strong that we should devote our whole The bank dividends, generally spealdng, are very much the attention to putting our defenoes in order. same as at this time last year. The past six months were All this, no doubt, will have a depressing effect upon our unfavorable for lending and discounting; but on the other industries, though so far there is little evidence of any check hand the banks have been able to earn nearly the same to the improvement that has been going on. Merchants en profits from their investments. Two banks—the London & gaged in the German trade say, indeed, that already their Westminster and Union—have slightly increased their divi business Iras been adversely affected, but in all other direc- dends, while the Consolidated has paid a little lower rate, ions the improvement is going on. The large expenditure and in other instances last year’s dividends have been main upon the army and navy, while it would keep up apprehen tained. sion, would at the same time increase the demand for iron The following return shows the position of the Bank of and coal, and the prosperity of these two great industries England, the Bank rate of discount, the price of consols, &c., would, to some extent at all events, counterbalance the de compared with the last three years: 1896. 1895. 1894. 1893. pressing influences. Jan. 8. Jan. 9. Jan. 10. Jan. 11 This week the outside market has paid to the Bank of Eng £ £ £ £ land almost the whole amount borrowed during the last four C ir c u la t io n ................................. . 25,970,835 25,519.480 25,352,155 25,628,525 4,899,202 4,770,115 days of the year—very nearly eight millions sterling—and yet P u blic d e p o s it s .............................. 7,227,940 0.218.105 38,845,839 31,350,204 O ther d e p o s its ........................... . 52,791,037 32,029,857 the supplies in'the open market are immensely great, and the G o vern m en t se c u r itie s ............... 14,682,555 16,077,309 11,700,317 14,055,983 rates of both interest and discount are steadily falling. The O ther se c u r itie s .............................. 26,903,121 21,305,245 25,712,843 25,287,811 political apprehensions have checked all new enterprise, R e se rve o f n otes and c o in .......... 36,351,946 25,100,632 16,911.835 15,560,107 33,880,112 C oin &bu llio n , b oth d ep a rtm ’ ts 45,531.811 25,813,990 24,738,032 while the disorder in the United States currency prevents P ro p , re s e rv e to lia b ilitie s, .p . c. 60 7-10 40 7-16 42 1-10 2 2 3 investment in American securities. In all probability, there Bank r a t e ..........................per ce n t 3 105%d. 104Md. 98 l l- i e d . 97 16-10d. fore, there will be little demand for money for some time to C onsols, 29£ per c e n t ................ .. 30%d. 27H<1. 3 1 «d . S ilve r................................................... 38Md. come, and it is likely that rates will remain very low for C learing-H ouse re tu rn s .............. 142,748,000 123,879,000 117,878,000 119,428,000 months yet. The silver market is quiet, but the India The rates for money have been as follows : Council continues to sell its drafts favorably. On Wednes Interest allowed Open Market Rates. day it disposed of the whole fifty lakhs offered at an average v for deposits by price of Is. 1 15-16d. per rupee—somewhat less, it is true, Trade Bills. Bank Bills. At Joint Dlsc’t—IPSS than the price obtained the week before, but still a very sat Six Three Four Four Six Thru Stock At 7 to 14 a isfactory price. cs Months Months Months Months Months Months Banks. Call. Days. . The stock markets have been surprisingly welT supported" 1 18-16 13-10% x m D e c. 13 2 IXQ IX i * @ i « X X H throughout the week. On Monday and Tuesday, it is true, 1 1 1 ** 20 2 X X 154 D 4® lh i 1 X @ W X ‘ 27 2 there was a very heavy fall; even consols went down to lit X H IX H . 3 2 1H ix m x 1>4@1W 1)4@2 X X X tle more than 105. All sorts of rumors were circulated as to Jan ** 10 2 1 8-10-J4 !%<§>!% 1X ® 1 X m 1M®2 X X H the intentions of Germany; and of pour.se there were grave The Bank rate of discount and open market rates at the fears respecting Johannesburg. On Wednesday, however, there was a very marked recovery, and though the highest chief Continental cities have been as follows: prices have not been maintained, quotations are still better than on Monday and Tuesday morning, and there is likewise a better feeling. To a large extent the firmness of the mar ket is due to the existence of a large “ bear” account. ‘ Bears ” naturally sold heavily in the belief that the action of the German Emperor and the unfortunate occurences in South Africa would frighten investors. As a matter of fact, investors liave not sold to any considerable extent. Some timid people, of course, have sold, as they always do, but the great body of investors have remained calm. When it was announced that the Boer Government had agreed to hand over Dr. Jameson and his followers to the British Govern ment and that generally President Kruger was acting with great magnanimity, the “ bears” rushed in to buy back and the natural consequence was a sharp rise. Even American securities shared in the advance, although the impression made here by the new loan is unfavorable. London of course is not in a position to judge properly; but the impression amongst the bankers undoubtedly is that it would have been a wiser course to have arranged with the Morgan Syndicate. The fears that the popular loan may be a failure and that there may be large gold shipments are deterring all investors from buying American securities. And of course the strained relations between the two coun tries are acting in the same way. The rise in Americans here, therefore, was mainly due to buying back by bears. As long as political apprehension continues there cannot be active business on the Stock Exchange, and the probability, therefore, is that quotations will remain pretty much as they are for some time to come. But if the negotiations between the British and the Transvaal governments for concessions to the Uitlanders end satisfactorily, and if there is a clearing up of the misunderstandings with the United States and Germany there will, no doubt, be a sharp rise, Interest at P a ris................... B e r lin ................ H a m b u r g .......... F r a n k fo r t ........ A m sterdam ... B russels ......... V ie n n a .............. 8 t. P e te rs b u rg . M a d rid ............... C o p e n h a g e n ... Jan. 10. Bank Open Jan. 3. Dec. 27. Dec. 20. Bank Open Bank Open Bank Open Rats. Market Rats. Market Rats . Market Rate. Marktt 2 2 2 2 IX 154 IX 4 4 8 4 4 sx m SX 4 4 4 4 sx SX 2x 2X 4 4 4 3 4 3 3H 8hi 2 2 ZX IX 2X 2X 2X IX 2X 2X m m 2X m 2X 5 5 5 5 IX m ex ex ex ex ex ex ex ex iX iX iX iX iX iX SK 3« 8% SX sx sx sx Shi The following shows the imports of cereal produce into the United Kingdom during the first eighteen weeks of the season, compared with previous seasons : IM PO STS. 1 8 9 5 -9 6 . 1 8 9 4 -9 5 . I m p o r t 8 0 t w h e a t .o w t .2 4 ,7 6 6 , 2 6 0 2 3 , 3 9 6 ,4 1 6 B a r l e y ............................... 1 1 ,0 6 9 ,7 7 0 1 2 , 7 0 6 ,9 9 4 O a t s ..................................... 5 ,1 8 5 ,4 4 0 5 ,4 9 8 , 5 7 7 P e a s ..................................... 1 ,1 1 6 ,6 2 0 9 9 9 ,6 2 8 B e a n s ................................ 1 ,4 3 2 ,8 3 0 1 ,7 0 6 ,8 2 4 I n d i a n o o r n ...................... 1 4 ,7 6 0 ,6 8 0 7 ,9 5 9 ,2 1 4 F l o u r ................................... 6 ,8 6 6 , 4 0 0 7 ,1 0 7 ,0 4 0 1 8 9 3 -9 4 1 8 9 2 -9 3 . 2 2 . 5 3 2 ,3 8 1 2 4 , 6 3 4 ,8 0 1 1 2 , 8 2 7 ,8 9 0 7 ,7 6 8 ,0 4 5 5 ,1 9 0 , 5 6 9 5 ,5 4 2 , 7 9 3 1 ,0 2 2 ,5 4 0 9 4 2 ,1 6 8 1 ,7 0 5 ,7 8 3 1 ,6 3 5 , 5 7 6 1 0 , 1 9 2 ,7 9 5 1 0 , 8 9 6 ,5 9 5 7 ,2 3 9 ,2 6 1 7 ,8 6 3 , 7 0 1 Supplies available for consumption (exclusive of stocks on September 1): 1 8 9 5 -9 6 . W h e a t i m p o r t e d , e w t .2 1 ,7 6 6 ,2 6 0 I m p o r t s o t f l o u r .......... 6 ,8 6 6 ,4 0 0 B ales o t h o m e - g r o w n . 5 ,4 2 1 ,6 2 1 1 8 9 4 -9 5 . 2 3 ,3 9 6 ,4 4 6 7 ,1 0 7 , 0 4 0 7 ,7 6 6 ,3 9 5 1 8 9 3 -9 4 . 2 2 , 5 3 2 ,3 8 1 7 ,2 3 9 , 2 6 1 8 ,9 9 2 , 9 2 0 1 8 9 2 -9 3 2 4 , 6 3 4 ,8 0 1 7 ,8 6 3 , 7 0 1 T o t a l ......................... 3 7 ,0 5 4 ,2 8 1 1 8 9 5 -9 6 . A v e r , p r t e e w h e a t w e e fc .2 5 s . 2 4 . A v e r a g e p r lo e ,s e a s o n ..2 4 s . 7 d . 3 8 ,2 6 9 ,8 8 1 1 8 9 4 -9 5 . 20s. 5 1 . 19s. 7 d . 3 8 , 7 6 4 ,5 6 2 1 8 9 3 -9 4 . 26s. 6d. 26s. l i d . 4 2 ,0 8 2 ,3 1 6 9 ,5 8 3 ,8 1 4 1 8 9 2 -9 3 . 25s. 8d 27s. 1 0 d ‘ The following shows the quantities of wheat, flour and maize afloat to the United Kingdom: TM i week. Last week. W h ea t.....................q r s . f l o u r , e q u a l t o q rs . M aiae...................... q r s . 2 ,0 3 0 ,0 0 0 3 9 1 ,0 0 0 6 8 2 ,0 0 0 2 ,1 0 3 ,0 0 0 3 4 9 ,0 0 0 1895. 2 ,5 1 5 ,0 0 0 3 0 2 ,0 0 0 4 2 4 ,0 0 0 1894. 2 ,5 5 8 ,0 0 0 2 7 0 ,0 0 0 3 5 3 ,0 0 0 A TABLE S H O W IN G THE M ONTH LY F L U C T U A T IO N S F years. Jan u ary. Pence, is5 S? * f a & i 3 I S *8 g J & 4 .S § ; i p ^ I 9' 1® £ OQ & ° J j 8 fe ’Ej -j-3 t£ £ § £ l § i ; S S a .£ -T3 8§ 1 8 3 8 .. 1 8 3 4 .. 1 8 3 5 .. 1 3 3 0 .. 1 8 3 7 .. 58% 50% 50% >59% -5 0 % 00*4 - 0 0 % 3 8 3 8 .. 1 8 3 9 .. 18411 . 1 8 4 1 .. 1 3 4 2 .. i 1 8 4 3 .. 1 8 4 4 .. 1846. 184(1.. 1 8 4 7 .. 1 8 4 8 .. 1 8 4 0 .. 1 8 5 0 .. 1 8 6 3 .. 1 8 5 2 .. 1 8 3 3 .. 1 8 5 4 .. 18 5 5 .. 185(1.. 1 8 5 7 .. 1 8 5 8 .. 1 8 6 0 .. 1 8 0 0 .. 1801 .. 3 8 0 2 .. 196.T.. 1 8 0 4 .. S 00% 00*4 t 50% -0 0 % -0 0 % 01% Ma r c h . APRIL. M ay. Pence. Pence, Pence, Pence. i ! 88% 50% 00 50 % 410 1 00 j 60% 60% 60% 00 % 50% ! 00 % 50 % r.0% 01% IU % 0 1% 01% 411% (41 ' t - 0 1 % (1 1 % 411% 01% .0 1 % - 0 2 % Ion # 0 1% 0 1 % -0 1 % ono i% 01% 01*4 <u% Oll% >01 -02% -5 0 % 50 % -r.0% -0 1 % oo% 58% 60 00 5 0 % -6 0 % (JO 58% 59% 50% 59% 50 % 59 <3 -5 0 % 59% -0 0 % -0 0 % 60 50% 50 •50% 50 % 58% 59% 50 % 60% 59% 69*4 00 00% 50% 50 % 01 % 50% 00 00*4 00*4 60% 00 % 0 1% 0 1% 01% ! oi % .0 1 % -0 2 02 -5 0 % !59 -5 0 % ! 60% 7.0 % 59*1 50*4 00% - 00% 0 1% 0 1% 0 1% 0 1 % -0 1 % 0 0 % -0 1 >4 0 2 <4 Jan Febru ary. 00% 50% 5 9 % -5 0 % 511 *4 -5 0 % 1 60% 59*4 00% - 00% 5 9 % - 50% 5 9 % -5 0 % 5 9 % -5 0 % rom 02 01 % -0 1 % -0 1 % 01 % 01% (t»% -02% -o i% -0 1% -0 1 % 01 % oi % -0 1 % 00 3. 410*9 -fit 0 1 % -6 1 % (1 1 % 61% .0 2 % •111 % 01*9 00 50% -5 9 % 50 % 59% 59% SO 6 8 % - 00% 58% 59 % 50% -6 0 50% 0 1% 5 0 % -0 0 01 % 01% -6 1 % 00% >00% -61 (11% -0 1 % 0 1 % -61% -0 1 % -0 2 % 01 % 0 0 % -0 1 % >0 1 % 0 1 «J -01 >3 If) I 01 % - 02 % 00% 0 1*1 -5 0 % -0 0*. -00*3 -111 -0 1 % <1 1 % 01 % 01 *| -0 1 % \ 30% 00*4 -6 0 % 00% -00% 00*4 {6 0 % -5 9 % 59% 50 % 5 8 % -5 0 % 50 5 8 % -5 9 % I 00 r.o% 50 % (1 1 % 0 1% 00% 59 % -0 1% 60% - 0 1 % 411 *1 0.1 411 -0 1% 0 1% -61 % >0 1 % - o i % 02*4 . 02 % oo% o n .i 01*4 00% 01% -00% o i% -0 1 % -6 1 % Pence. 59%, 58 % 09% 00 % 60% 59 59 -6 0 -5 0 % 59 % -5 9 % 59 -5 9 % 59% 59% -5 0 % 39% 59% •50% 0 1 % 5 9 % -00*4 00% -0 1 % 0 1 % -O I % 0 1% o o v -o i% 0 1% 0 1 % -0 1 % fi|J| -0 0 % o i% >01 -6 1 % 0 1% dOI, 38% 27% 120 % -3 7*',« m '*,,, 3 -2 7 ' 2 9 % -2 9 % -2 7 % ,3 0 % -2 0 % THE P R IC E OF BAR S IL V E R . PER P ence. 159% -5 9 % oo% - 00% Bin, >60 -0 0 % 5 9 % -5 0 % 59% 60% 00% 110*9 -00% 60% -00 j ■5 0 V 50% 5(1% -5 9 3 , 5 9 % -r.9% 59 % 5 9 % -GO 5 9 % -6 9 % .-,!>% -5 9 V 5 0 % -5 9 % 0o»i -HI (10% <11% -01% ill*.., <1 1 % 411% 00% (11>S -0 1 % 61% oo% -6 1 % 02 V 01 % (io% AUGUST. 1SE1TKMUKU. Oc to b e r . No v e m b e r . Pence. Pence, Pence, Pence. 69% 60% 00% r.0 % oo% 59 -o o % -5 9*8 59% 00% 00*4 - 0 0 % (10% 59% -5 9 % 59% 50 V 5 9 % -5 0 % 59 % 5 9 V -0 0 5 0 % -6 9 % 5 0 V -5 9 % 50 % USOV -O t 00% 0 1% -0 1 % 01% o tv 01 % 411% 0 1 % -6 2 nos, -o i *11 % -0 2 0 1 % -6 1 % 6 0 % -8 0 % (It % -0 1 % 111 -01% !« i o i% 01 -o i* * - o n ,n ill -lit % -6 1 % 00 % 00% 7,0*1 59% -6 0 % -5 0 % 00% 0 01 # -11 ( 1% 59% 60% -5 9 % 50*4 50V 59% 59% 50% -5 0 V 59% 5 9 % -5 03, oo mm oo% oov 00% (O il* - 0 2 % >61 -6 1 % 01 % 01% 03% 01% .50% 00 V 61V -6 2 01% 00% 01% 61 % 0 1% 410% OOV U0 » , « 100% -6 o v « a v «o% 0 (i>'.. -0 2 >4 0 0 % - 0 1 % •an, 0 0 % 00% 00% *0 0 % 1 60% 00% -001,8 166% <S0 % !o o % 80% oi 00 ",4 00 % 0 1% ...... . 01 0 1 % 01 411 00' 1 8 0 0 .. 02 00% (10 % 00% 0 0 % -61 >4 0,0 % - 0 0 % 00% 1 8 0 7 .. 0 0 % - 00 % (il* » 410% 6 0 % 00% 00% (41 >a 0 0 % 1 8 0 8 .. .410% no 00% 00 00% 003. 0 0 % 00% 0 0 % -0(t% 00 % -01 1 8 6 0 .. 00% 6 0 % - 0 0 % 00 % - 0 0 % (10 % 0 0 % -0 0 % !« 0 % 1 8 7 0 .. . 0 0 % -6 0 % 00%, 410% 00% ,, -60*4 1 8 7 1 .. 100% -60% 0(1% -0 0 % 0*1*14 f>0*4 6 0 % OOI,n 00 % 0 0 00% 0 0 -,, 00*4 - 6 0 % 01 % 1 8 7 2 .. ,410% -0 1 % 00 % n i» i« 3*1% - 8 0 » . 5 0 % -5 0% 50 % 501 * 5 9 % 18 731. .150% 58 % -5 0 % 50% 5.9 % -5 8 % 5 9 9 ,, 59 -59*3 ,58*9 50 1874. 55% 7 .6 % -5 7 7.7*4 7,7% -37% 57 , 6 7 % -5 7 % 5 7 % '5 7 % 1 8 7 5 .. 52 % 50 7.2 -54 53 44-'. 1 9 7 0 .. . 5 4 % -5 6 % 54*4 811% - 5 1 53% 5 3 % -5 1 % 5 3 *4 -5 0 % 53% 55 5 0 % -5 8 % 30 57% 1 8 7 7 .. 52% 53W „., 55*4 5 4 % -5 5 83% 51*, 53 % -5 3 % 1 9 7 8 .. . 5 8 % -5 4 -3 15, 19% 40 % 31 % 19% 50 % 10% -3 0 % 7.0 1 8 7 0 .. . 49 % -51 324,8 5 2 'i 52 - 8 2 » „ 51 % -5 2*9 51% 1 8 9 0 .. . 5 2 >.| -5 2 % 52% 5 1 % -5 2 -5 1 % 51 % -52% 51 52 -5 2 % 52 52 % 4 8 8 1 .. .5 1 52 5 2 1,„ 5 1 % 8 2 1 ,„ r.2 t,« -r,2*lfi 19 82. . 5 U % „ -5 2 % .32 % -MTTW 5 1 % .30% 5 1 % fl 50 % 5 0 '% ,, 501 H, -5 0 % 5 0 l , « - 6 0 # ,. .5 0 % -31 1 8 8 3 .. . 5 0 50 % -51 7.1 -51 % 8 .0 1 ,,, 5| 50 4, 7.011.,, 6 0 % 50% 51 1 8 8 4 .. 49 19l.'-,n-50 19% '4 8 1 9 ,«-«»* ,,, 4 9 19-'*,n 185, 1 8 8 5 .. . 4 9 % - 5 0 45% 40 114 10 % iO*tw 10 , 17 -4 0 % i 1,01 A,n M1% 1 8 8 0 .. 4 7 % -IRA, 1,7 l«t.„.. iO-V. I t * 1 » V 1 9 8 7 .. »3>* 43% —13*1# II % 12% m H 431i<ln 13% -1 3 12% 4 2 % 12% 11% 1 8 8 9 .. . U n ,„ -4 4 % 4211,„ 12 V 42% 12% 4 2 % -12*4 4 2 % n - 4 2 i lfl 42 % -4HA|# 42-%ft 1 8 9 0 .. 49 47% -1 0 13% 18 -4 3% i3 * l,n 14% 1 8 0 0 .. . 14% -1 1 % ,1 1 % IS% .40 % 1(1% 14 % 45*,,, 11% to 15% -1 4 % 13 43% 1 8 0 1 .. 10% -39.1 ,fi 41% -4 1 V ,4 H 6 ,R-1 Us 11% -39 10% 39*4 1 9 0 2 .. ,1 3 % 1 8 0 3 .. . 381*in -3 8 % >39% -38*1 3 0 1 1,^ 27 1# 1 8 0 4 .. . 8 1 % -3 0 % 1 8 0 5 .. . !271,fl -2 7 * u l2711,0-27*4 JOLT. 0 2 % 1(12 <12 (1 1 % 00% .o i 0 1% (1 0 % (1 1 % >0 0 % _v IN OUNCE STANDARD, D e c e m b e r , 18 9 5 , I n c l u s i v e . to 59% 00% 00% .10 % - 0 0 % 50% 50% LONDON 18 8 3 , J une. 58% 59% * 59% 60 5 9 % -5 9 % 39V IN , uary 00% -0 1 % -0 ! % -0 1% -01 -01 - 00% 59 V 50V 59 % 00% - 00% 59 -59*., 59 % 59 V 59% 60 % 59*4 -3 9 % 59% 00% (10 % lio v 5 9 V -5 9 % ..59% -3 9 *i 7,0*4 59% 50%. 50% 5 9 V -5 0 % 50*4 -3 0% 5 0 % -5 0 % 5 9 % -6 9 % ,no% - o o % jo o -6 0 % 0 0 V -6 1 % 0 1% -0 2 % on* 61% 61 % 02 61% 59% 0 1 % -0 1 % 0 1 % -0 2 01% -6 1 V Il(*% -OO**, 0 1% -0 1% 0 1*4 60% 61 % 60% 00% - 0 1% 61*1 -o n , -6.1 -0 0 % -9 9 V -00 % 60 % r>»% 59% -5 9 % 59*1 59% 59 % -5 0 % 60*4 D kcem rrr. Pence. 59% -5 0 % 59% 5 9 % -0 0 39% 59V 60 -6 0 % 60% -0 0 % 59 V r.0 % - 59*4 00*4 50 % 59 % 5 9 % -5 9 % -0 4 % -r.1% 0 1 % - 01 % -0 1% 02 -0 1% -6 1 % -0 2% o i% . - o i v 00% 01*4 00 % 00% 00 % ...1855 ...1856 ..1857 ...1858 ..1859 501.8 59*j« 59% 59 % 595.8 02*4 00% 015.8 601.8 5911.8 r>9% 61% 0 1% ...1853 39% 60 % 60% 59% 01 % - 02 % 0 1% 0 1% 60 594.8 00 % 59% 50 % -59% 01 % 00 % o n , -o i% 0 1*4 00% ...1 8 3 3 ...1 8 3 4 ...1 8 3 5 ...1 8 3 0 ...1 8 3 7 ...1 8 3 8 ...1 8 3 9 ...1 8 4 0 ...1 8 4 1 ...1 8 4 2 ...1 8 4 3 ...1 8 4 4 . . . 18.15 ...1 3 4 6 ...1 8 4 7 ...1 8 4 8 ...1 8 4 9 ...1 8 5 0 ...1 8 5 1 ...1 8 5 2 t 5911.8 00*4 -r. 0 % 59% 6 0 % 6 1 *., 60% (1 1 % - 0 1 % oo Pence. f 59*8 59% 0 1* 8 Yearly A v e r ’ok. Y ears. - 01 % -0 1 V -111 -00% -00% -o n s 01 % 0 1% 01% 02 01*4 01% -6 1 V 0 1 5,R -6 1 V 02 61V o n ,e 62*,fl - 02% >01*4 -01% 01 59 V f f " -0 1 % 0 1 1 1 .8 0 0 1V :01% -01V 6 H l« 0 1 % -0 1 v 01% c ,i « ,ft -0 1 % GOV -0 0 % 61 % 01 % 61%« 01*8 ...1 8 5 4 ..1 8 0 0 ...1 8 0 1 ..1 8 6 2 ...1 8 0 3 -.1 8 0 4 ...1 8 0 5 . .1 8 6 6 00918 ..1867 61 % -o o v oo% - 0 0 % OOV •« 0 % 60% -60% 0 0 % OOV 00% (10 % - 0 0 % >60*8 - 0 0 % 0 0 % (HI*., o o % fO > 60**18 -0 0 % 00% -02 (10% -0 0 % 0 0 % - 0 0 % (61**4 ~«0% 6 0 % - 0 0 % 60% - 00 % 6 0 % -0 1 % oo4 -0 0 »,n 00% 00% 410% -0 0% :n o% n o n ,,, m*'4 -0 0 % 00 % 01 005,8 5 9 % -5 9 V 00*4 59*4 -59V - 0 0 % 1103,8 00 1,8 ,60 410% 001,8 -00.1|„ Oil 303,8 -3 0 % 5 7 % -5 8 % >59 3" n m , n '.I’ iiI 54, Vs-7.0% 5 8 % -5 0 -3 9 % •:>g'i<i1 59*4 r>ss,8 37% 37 —>- >57% ,58% -5 8 % 37 * 57 V -7,8* >., 57*4 -57**4 -5 0 -50% 150*'i,i-50V 5 « v -5 7 % 5 0 % -5(116,,, 50 % -5 0 % : 50 % 5511.8- 5 5 % 7.0 35% 32 -7.3% 5 3 % -5 5 55*4 -5 8 % > 5 2 V -5 2 -53% 51% 40 V -M % 541Si« (53V -51 % 54 -6 5 51*4 7.4*4 -55% 5 4 % 35% 5 4 53% 54% -3 4 -52V 51% 5 0 % -5 0 V 19% I-y o u h ,; 52'-*,b 5 2 % .7,31,8 >52*18 3 2 0 ', a 49% -91*1* 51 *4 52% 53 -5 3 V 51% 51 % *51 % 51 -7,2% 5 1 % -S 3 | 52% 51 % - 5 2 5 1 % -5 1 % 52 % -52% >52% -512% -5 2 % 5 2 % -5 2 % 5111.8 51 V -5 2 -51% 51% -ft 1«1« 32% 5 1 H W 30 % 50 -5 0 % ’ 51 »• 52 51 % -52* 18 -52% 5 1 % 5 0 « ,« >50% .5011*,n 5 0 % -51 604,* 50% f.01,8 5 0 % 50% -MM*,R'.ftrt% -51 50% 50% 60% -r.0 % 7,07,8 -5074 j49U,8.501,8 49% -4 9% 3 i ) lf ,K 5011.8- 3 0 % 5 0 " , a -5 0 % 48 % 4 0 % -4 7 % 19% -19*. j n 10% 101,8 -404,8 47*4 -4 8 % ,17% -4 7 V >17**,8 -4 7 % 45 % 46 % -45 45 -1 2 V 13% 11% >17 -1 5 % 12% - 1 2 4 4 1 . ,8 1 19,ft -1 2 43 % -4314,8 44% 13 .1 4 1 ,8 ; M V -1 3 1 »,„ 4.U *,«~*3% -4311,8 111,6 -4 3 % |4 3 % -44 42 % 42 % A 2 * ,« 1 2 % A H * ,# ] •M» ,8 - 4 2 l ,a I j 8 % -4 2 % >43% - t 2 % -42 4 2 *!« -4 4 4211.8 4 4% -1 3 V 4 3 0 ,8 - 4 2 % .1211,8-12% 13% 42V 4 1 % -1 3 % 42 4 8 * ,a -4 2 , 8— 471*48 4 9 % -17*4 5 -IV -7,0 50 % 1% -4 0 % 40V 15 -10% 5 0 % -17.1,6 54 % 451.8 i n , -1 3% -1 I V 15 1 11,8 441,8 -4 3 % 40% -4 5% t«% -n < i„ * (4 % 39V , -38% >;«*•% -38% {80% 3.4V 39**18 -37*5,8 89* 5j8 101,8 40% -30%fi 3 0 t „ , -3 7% 85% 3 4 % -3211,8 34% -33% 31% -31% i32V -31% Mis, a -,3.1V 34% -3 2 % 3 9 % -3 0 % 3 8 » ,« -3 7% 2 9 % -281 n 2 0 (•)n- 2 0 (.,« 2 3 l* ie -2 8 % 3 0 % -2811, b SO'.i 204,., 2U »i« -2 S « * ,,I 8 0 » ,« -2 8 % 2 8 % - 2 7 V , 300,8-301,0 >31% 30% 31 "30% .3011w-30 3 0 % -3<K*10 :3011 8-303,8 3 0 % -30*i« 3 0 » W -3 0 % ..1 8 6 8 ..1 8 0 9 . .1 8 7 0 .,1 8 7 1 -.1 8 7 2 80 % -oo% 35" ..1 8 7 3 ..1 8 7 4 ..1875 ..1 8 7 0 ..1 8 7 7 ..1878 -.1879 ..1880 ..1881 ..1882 ..1883 ..1884 ..1885 ..1886 , BAY ..1888 ..1880 ..1890 ..1891 ,.1892 .18 93 ..1 8 9 4 ..1805 THE 172 K u a ll.U F in a n c ia l M a r K e te — H er CHRONICLE. Bat. BUrer. perox------ ....d . 30% Consols, new, 2% p. ots. 107*3 For aoeonnt...... . , 1071* Fr'ch rentes (In Paris) tr. 101 90 Atoh. Top. * 0. F e ...... 14% Canadian Pacific............ | 55 Chesapeake A Ohio....... I! 15*4 Chlo. MUw. A 8 t. Paul. 697e 97 Illinois Central----- ... la k e Shore........ .......... 147** Louisville A Nashville. 45 Mexloan Central 4s---- , 68*3 Uo. Kan. A Tex. com.... S. Y. Central A Hudson; 99*3 N. Y. Lake Erie A West. 15 72>s 2d console.................. N. Y. Ont. A Western... 13% 7*3 Norfolk A West’ n, pref. 12 % Northern Paeilio, pref. 53% Pennsylvania........... . 4% P1U1. A Read., per share S% Southern Ry., com. 27 7e do preTd.... 3% Union Paelflo.......... 16i* Wabash, pref.......... if on. Tues. 30M.. 1077,. 1077,, 101-30 14 54% 14% 68 7e 99 14 3* 71*3 13% 7% S0% 107% 107*4 101-90 14** 55 \ 15*« 69*4 96 \ 116** 45*4 68 «* U*tt 97*3 15 72 13% 7% 53 4% 8% 26*3 3% 16 53*8 4% 8 7e 263* 3% 16*fi 96*3 1461* 44% 68*3 11 12 12 TAurs Fri. 30% 30% 10711,, 107% 10711-6 107 02-02*3 102 05 !4 78 1478 55% 55% 15*3 15-% 70 *« 703s 97 97 146 146 453* 46 68 69 11 % 11*3 98% 98*3 15*8 15*4 72 72 13% 13% 7% 7% 12 *4 13*3 53% 53*4 4*8 4% 9*e 9*4 27** 27°8 4 37e 16% 16*4 30% 1074* 107% Wed. 102-10 14% 55% 15*4 70% 97 147 457a 68 n% 98** 1538 72 133* 7*3 12 % 53*4 5*6 9% 27% 4 16®8 © o m m c v c t a l a u d J $ U s c c lI a tte 0 tfs J le w s N a t io n a l B a n k s .—The following information regarding national banks is from the Treasury Department: n a t io n a l b a n k s o r g a n iz e d . 5,029—The Merchants’ A Manufacture s’ National Bank of Colum bus, Ohio. Capital, $35*’,000. William D. Park, President, Hi ward 6 . Park. Cashier. ft,080—The ' bird National Bauk of Atlanta, Georgia. Capital, $200,0C0. Frat k Hawkins, Jr., President; Joseph A. McCord, Cashier. 5,031—The Greensboro National Bank, Greensboro, North Carolina. ; ^ Capital, $ 1 0 0 ,0 0 0 .---------------- .President; Albert Haywood Alderman, CasLier. CORPORATE EXISTENCE EXTEND ED. W l x ii. Exports. C a b le . Tbe daily closing quotations for securities. See,., at London are reported by cable as follows for the week ending; Jan. 24: London. [V ol. 2.320— Week. Week. Since Jan. 1 Great Britain_____ France...................... Germany.................. West Indies............. Mexico...................... South America........ All other countries. $760,700 $2,060,564 Total 1896........ Total 1895........ Total 1894........ *884,047 $2,189,976 363,030 1,553,188 2,557,2021 829,006 100,000 Since Jan. 1 . 100,000 12,077 13,157 11,270 15,770 485 $20 200 4,962 $11,500 20,3)8 36,902 10,502 $25,500 23,574 10,605 $79,222 99,378 85,392 20,318 C h an g es in L e g a l T enders an d N a t io n a l B a n k N otes to J a n u a r y 1.—The Comptroller of the Currency has furnished us the following, showing the amounts of national bank notes December 1, together with the amounts outstanding January 1, and the increase or decrease during the month; also the changes in legal tenders held for the redemption of bank notes up to January 1. national Bank .Votes— Amount outstanding December 1,1895.. Amount issued daring December............ Amount retired daring December.......... $808,017 1,051,392 243,375 $213,627,821 Amount outstanding Jan. 1, 1896*------Legal Tender Notes— Amount on deposit to redeem national bank notes December 1,1895........ ................ Amou.it deposited during December............ Am t reissued and bank notes retired in Dec. $213,871,196 $535,694 925,703 $23,401,670' 390,009 Amount on deposit to redeem national banknotes Jan. 1,1396..................... $23,011,661 •Circulation of National Gold Banks, not Included In above, $89,152 According to the above the amount of legal tenders on deposit January 1 with the Treasurer of the United States to redeem national banknotes was $23, Oil, 661. The portion of this deposit made (1) by banks becoming insolvent, (2) by banks going into voluntary liquidation, and (3) by banks relucing or retiring their circulation, was as follows on the first of each of the last five months: The First National Bank of Boonville, New York, until January 4, 1916. Nov. 1. Dec. 1. Oct. 1. Jan. 1. 2.321— The Fm t National Bank of Wilson, North Carolina, until JanuDeposits by— Sept. 1. ary 17, 1916. $ $ $ $ $ IN LIQUIDATION . 803,582 840,613 934,280 888,656 Insolv’ntbks. 964,843 4,716—The Firt-t National Bank of Creede, Colorado, has gone into Llquid’g bks. 5,083,115 5,065,315 4,995,461 4,954,332 4,838,582 voluntary liquidation by resolution of Its stockholders, dated Red’c’g under a e to f1874* 18,241,435 18,211,389 17,781,193 17,643,756 17,208,230 December 31, 1895. 1,304—The Farmers’ <fe Drovers’ National Bank of 8 ome»s, New York, Total...... 24,258,830 24,165,360 26,617.267 23,401,670 23,011,661 has gone into voluntary liquidation by resolution of its stockholdc s dated June 25, 1895, to take effect from and after ’ Act of June 20, 1874, and July 12, 1882. January 15, 1896. 3,025—7he First National Bank of East Portland, Portland, Oregon,* has gone Into voluntary liquidation by resolution of its stock —The Atlantic Mutual Insurance Co. of New York, issued holders dated October 31, 1895. CORPORATE EXISTENCE E X PIR E D . 2.322— this week their annual statement, which will be found in an other column of this issue of the C h r o n ic l e . A divider d of The National Bank of Greer sboro, North Carolina, expired by 40 per cent is declared on the net earned premiums for the year, limitation January 18,1896. 1895, for which certificates will be issued as usual. Six per cent interest on outstanding certificates will be paid Feb. 4th the imports at New York for the week ending for dry goods and the outstanding certificates of 1890 will be redeemed. January 16 and for the week ending for general merchandise The assets of the company now stand at §11,374,560; the January 17; also totals since the beginning of the first week premiums on marine risks for the year were $2,622,872, and in January. the losses paid during the same period were $1,218,407. FOREIGN IM PORTS AT N E W Y O R K . —The annual statement of the United States branch of the For Week. 1893. 1894. Liverpool and London and Globe Insurance Company is pub 1895. 1896. lished in another column. As in previous years, it shows Dry Goods...... $4,091,787 $1,765,362 $4,009,966 $3,031,983 again an increase in assets, and the surplus no w amounts to 7,875,085 Gen’l mer’dise. 5,653,379 7,860,280 6,298,156 $3,314,117. Among the gilt-edged investments there are Total......... $11,966,872 $7,418,741 $11,870,246 $9,330,139 §1,724,625 in United States Government 4 per cent bonds, Since Jan. 1. $3,588,318 in loans on bond and mortgage and $1,752,000 i n, Dry Goods...... $8,238,240 $4,194,180 $7,962, ? 03 $6,215,059 real estate. Gen’l mer’dlse. 17,891,525 12,352,761 13,558,384 14,053,046 —Messrs. Redmond, Kerr & Co. announce in our advertis Tbtal 2 weeks.. *26,129,765 $16,546,941 $21,520,887 $20,268,105 ing columns that they will subscribe to the Government new The imports of dry goods for one week later will be found loan for such of their clients as may find it inconvenient to do so direct, and will undertake to furnish the required gold, in our report of the dry goods trade. The following is a statement of the exports (exclusive of which shall not be withdrawn from the U. S. Treasury. Ap specie) from the port of New York to foreign ports for the plications must reach them on or before Feb. 2. They will furnish particulars at their office, 41 Wall St,, New York. week ending January 21 and from January 1 to date ; EXPO RTS FROM NEW Y O R K F O R TH E W E E K . —Messrs. C. W. Haskins and E, W . Rells, consulting ac countants and auditors, who, it will be remembered, were 1893. 1891. 1895. 18E6 experts to the United States Government during the 53d For the week.. $6,209,932 $8,079,086 $9,788,484 $8,076,167 Congress, offer their services for periodical and special ex Prev. reported. 7,439,161 7,110,450 7,616,723 9,538,642 aminations of accounts and to introduce simple and efficient Their office is at No. 2 Nassau Total 2 weeks.. $13,649,393 $15,169,536 $17,405,207 $17,614,809 methods of accounting. Street, New York. The following table shows the exports and imports of specie —The thirty-sixth annual staff ment of the Home Life In at the port of New York for the week ending January 18 and surance Co. will be found in another column. The company since January 1, 1896, and for the corresponding periods in wrote in 1895 insurance for $12,304,313 as against $10,287,850 the previous year. The assets show an increase of four and EXPO RTS AND IMPORTS OF 8 P E 0 IB AT NEW Y O R K . eight tenths per cent and the reserve seven ard six-tenths per cent. Exports. Imports. Gold. —The large Mosler-Corliss bank safe in the window of the Week. Since Jan.l, Week. Since Jan. 1. Mosler Safe Co. at 305 Broadway is attracting much attention Great Britain......... $2,113,592 $7,125,417 $3,068,061 $3,068,061 and is a very practical advertisement of that popular form of Franco......... . 1,447.500 1,447,500 safe. The invitation of the company to call and have the Germ any...-........... 182,265 182,265 strength of the safe shown them is worthy of acceptance by West Indies............. 13,020 16,520 100 50,279 I those interested. Mexico..................... 7,224 2,224 South America........ 360,606 333,606 28,361 137,556 —Attention is directed to the fact that Messrs. P. J, GoodAnother countries. 2,595 hart & Co. make a specialty of bank stocks. The firm are Total 1896........ $2,428,612 $-.475,537 *4,728.561 $4,890,480 members of the New York Stock Exchange, their offices Total 1896........ 5,oo5,900 11,919,1361 197,349 231.827 being at 38 Wall Street Their r. ’ d will he found in cur Total 1894........ 721,150 939,296' 15 668 __ 158,819 advertising columns. I m ports and E xports for the W e e k .—T he following are J anuary 25, 1896.J THE CHRONICLE. Bre& dataiT* F ig u r e # B r o u g iit F r o m Fosse 1 9 4 .—The statem ents b elow are prepared by ua fr o m th e figures o f the N ew Y o rk P rod u ce E xch a n g e. W e first g iv e the receip ts at “W estern la k e and riv er ports, a rra n ged so as to present t i e com p a ra tiv e m ov em en t f o r the w eek en d in g Jan. 18, 1898, and sin ce A u g u s t 1. f o r ea ch o f th e la st th re e years: OaU. Barley. Com. -Hp Wheat. FJtur. Bmb£& W*\BunK.3%ibis BmfoMW* Uu.re it m ki0m $ 15,300 Sm*330 193,000 AW4JBS 1,767,018 som <Jhicatro..— 217.000 16,000 33^00 2S0.300 70,300 ii ;!.*»(• Milwaukee.. 17,924 '22,201 4,281 S.88S •0?-».S**-.> Daiuth 92,100 ....... Minneapolis. ....... 1,715,20) ....... 6.0 2,690 293,200 749 588-0 87,961 68.SS1 82,019 £1,415 mm etroli...... 7,108 21.386 10,670 31ft C!ereland... 90,000 ae.300 230,504 8*J.31« C-V'3* St. L-j-tij..... 362,800 23,200 4,2)0 033,450 &,S5« m jm Feoria... .. 18,248 K&mm City* *. mi9M. 39,388 157,154 2,769,442 4.212,740 A«aMM Tut.wfc’tW. tm ,m 29,543 -Same m jm i :m s m 1,867.S'* 1,176,382 708,203 85,405 1^A1« Same l Mints A. 1. 60,-83,914! 74.371,871 23.081.018 2,307,333 im s-m .... 6,331,943 42,717,377 48,331,.212 24,847,263 1,4 27,910 189&46 .... 7,040,3 i> i&Aum..... 7,045.118 108.443.P79 m .u 2 ,m 67,S2~%72t! S0,440*ti8 e, 115.23 Bic- iots at- T h e receipts o f flour a nd gra in at th e seaboard porta fo r the w e e k ended Jan, 18. 1898, fo llo w : QaU* Barley. Whmr, Rjf. Whaat, Otm%. bmh. &U»h. btoth. bmh. bbis. bmll. I7i#.2O0 63,625 mb tU.M* 515 mMi 141J79 . %W7S' ........ 3,585 M< i Montreal ....— U2.M6 SyriAII .... FklladeilpIiiA... . S&.7J1 $.%U ynjm> 0,088 Baltimore ......... ,, m, ,, %HV 11.#30 83.153. New Orleans...... .. I5.it? XiM „ 2^4,089 482.(41 9i,04# 8,888 $1 70,11.80 8,684 Week h m .......... 114,051 110,349 mi.mi T h e total receipts at porta n am ed in last table fr o m Jan. 1 to Jan. 18 com pare as follow s fo r fo u r years: « « « * < « • > . iso#, t mb*. ise*. *3%SiI. $UM t JRoar tbblM* Whmt .feual** i M fjm 1.113,7** 4*4,431 07,7881' Tot*i«WiO.».«.*.» 8/41ltI«§ 44,102,*95 ■§,7&3,7f2 T he e xp orts fro m th e severa l seaboard ports fo r the w eek en d in g Jan, 19, 1888, are s h o w n in th e a n n ex ed s ta te m e n t Fl&Utr, Wheat. Cmn. KMU Bye. Peas, bmh. frwmbbi*. bmh. bmh. bmh. bmh. tm jm iis Mm *0.738 ........ Mew Totk*.*..., UMi 2 40, _..... »0 BmUm ......... FoniaM ........ ¥MM H7,le?i IK S .11. J P M s ... mm 48,0*8 BmUmmtk,. 18,000 0h% New -., Vjffolk ....... mkm?? tiwpari Jfewt m&AM t o ijit h-Jm toairea* . Arzjm 8L.«87,l0f 84Bjm WM% .... ... 1 mwn 760,117 m 7,m 8,181 IS *0.«1 T he destination o f these exp orts fo r the w eek and since Sept. 1, 1895, is as lc lo w . W e a d d th e totals fo r the c o r r e s p on d in g periods o f last y ea r f o r com p a rison : tf———C&m,—*—an Expert* for ' Week Situ* Sept. Week' Bints Sept. Week Since Sept. *mmk and elm* Jam. 18, 1, IW . Jim. 18. 1, tOMt Jin. It. t. l*m,, Sept. 1 to— bmh. hm. hU*. tmek. hmh. h 444. Coitflil Kingdom &Xf*7 $AUjm WJtWMQ I M S i*l9.wni43 CunSineiii ... it, J8* iliM l i .hH i If 814,007 8.4 €»- Amartca. 8IJSS* ftl MW 1mm 6.4*8 to.tti west liiBiee*,, m im i M ts.mi n % S77 Brit. S. a.. Cc •«. 11,013 im.wt tm .m sHS*> Other WQHtiiiR,. 2.139 *1,01 i w t& z Tdimi st&ioa a .i/t-i s t . i w \S4M1« 2,407.106 82>7.I3,«08 Total 1804-95 ... W M > i>,h7iam ijmt'Stofc ■^£*3,*$* 7T..H7 §,$2i,3U7 * Jaeiads*. 49?,$i0 te_4ttQl»eofn fro m : br-WR* Via* *I11Q#Imt. i, URXL T a e visible supply o f grain , com p risin g th e stock s in g ra n a ry a t the principal poin ts o f accumula-tfon at lake and seaboard porta, Jan* 18,1896, w as as fo llo w s ; W%0&£* €%rt*. 7*1milore a$~* hueh. hu*h. New To?It. ......8,(tfe.fi00 049,000 Do n i, 33,600 A!b#or................ JMIjftaO Bu f f a l o S NMg OQO nmeee Do •im.wm C1Mcage* .... .........,80*087*000 ;o Do afloat Mil waalce*............ 437.000 1,000 Do afloat...... 176.000 .. t. '21,000 IW .illl.,,__ .. D*>2ai,&6vat..... 512,OCJ Toledo..... ............. . fe*5.880 Do afloat,...... INstfOlf Do afloat...... .............. I 24,000 8t. tioai*,....... M0CMM8 888*000 Do ifloifc..*,,, "Mm 6 Gtafdtumti. ........... ............... Wmmm......... Mot* P h iladelph ia....... . 3*9,00* 1 iW)11# » 93.000SlrAKK Itausa* City....... ... I, r«».«»c f.'flec BaJa$oor«............. 2o l,o0O m M5on o*f»oiI#...,.......J 9,.>37,000 IMJM iso. U'1,000 On Hiiaiasfppj River. .... On Lathe**.-.. ......... ........ .... Du flsaat and river........... k Total Jm IS, H0$,0TJt0$,090 7,«7I/ 1*551,000 3.420,orio Total Jfar». If, tSKO.^aSi.VlOO « \-»j * tjsa&aoQ Tfitjki Jtm. in. Ison **\-*< •. ^7 s.Hi.ooo €13,W0 I » Total 3m S*>, 000 4.117,000 mfjmo 2,101,000 Total Aaa. 11, ISos m jtm jm iCi ?6 « 8*617,000 t«W«ooo 2,051,000 Obt* ... Barte/ , f m ent, ra ilroad and street ra ilw a y securities. T h eir ca rd w ill ba fo u n d on th e first advertisin g page o f to-d a y’ s C k r Os i c l e . C ity I t a iir o a d S e c u r it ie s —B rok ers’ Q uotations. hid. Ask. Bid. *ColJimbus 9tli A re . 5s. Allan. Ave., B’klya— Con. 58, g., 1931 ,.A * 0 }107 D. L>. K. B. & Bat'y—Stk. ..... 85 S 1st, gold* 5*. 1932.J*feD Impt. 5s, g„ 30 Sfrip.......... ......... Bleat. St. A Ful. F.-Stk. 23 let mom, 7s, 1900. J&J 3109 Eightn A vemie—Stoek. - e’ wayATtiiA^'e.—stock. 153 & | S<Sttp, 8 s, * 9 1 4 .............. l8tmort.,5s,1904.JAD {105M1 IQlb 42d & Gr. St. For.—St-ock '2d mon.,5s,19i4.JAJ 5109 112 42d St.tt Man.<feSEN.Ay. B'nray lBt.5a.gnar.192-: 4112 115 |, l st more. 0s, 1910. M& S 2d 5a.lut.aa rent'1.1903 :102 105 : 2d mort, incom e 0s, J & j Consol. S8.1943-..JAI)' 1113. 112 ! Long Island Traction__ Brooklyn City—stooit.... Ids*, 167«« ■Lex,Ave.&■Pav.'Ferry 5s. Consol. Ss, 19-1I...J&J 110 112 [ Metropolitan Traction... Nintli Avenue—Stock... Bkl vn. Cross t' u5 a. 1BOS. 105 Bkl’n.Q'nsCo.ASut.ls! 9S 100% Second Avenue—Stock.. 150 BJtiyn-C.AX'wfwu-SUt 150 190 1 1st mort,5a,1909.M<fcN;U08 Debenture 5s, 1909,J&J 103 5s, 1939....................... lit OH in % BrookIjm TrueUon......... 7 *9 9% iSixth A venue—Stock.... 195 51 j 'Third A venu e—S to c k . . . 173 Preferred................... if Centra! Otojeterwn—Sdt.; 190 1st mort., 6st 1937. J&J US let M.,Be, 1022.. . MAX i l l s Twenty-Third St.—S i’ k . soo Cen,Pk.S.*E.Rtr.~Stk. 100 i Del). 5s, 1903............ |!1 i:Union By—Stock........ Consol. 7«. Wifi...J.feD m Onnsfp'rA loth St.—stk. 150 155 ' 1st 5a, 1942 5.101 We6tchegt*r. l.at,gu,,5a.i|l()0' 1st mom, 1S9S...AAO 105 § And accrued, interest. X Bx-dividend. O as S e c u r it ie s — B rokers’ Q uotatioas, Bid. Ask. i! HAS COMPANIES. 9AS COMPANIES. Ask. 113 Hi 103 355 328” 65 117% 71 20 111% 104% 15™ lo§ W 105 100 103 101% Bid. » '» (Brooklyn). ___ 100 .... PeopHM' (Jersey City)....; ito 175 7*9 Moiropolltan (Brooklyn). *230 103 WUlinraatarg ................... 300 BrooWira «*»• Light....... S50 ConAnmem'iJ«r*»y Oiiy). 74 i > .......................... :*> i « « » .................................. :uni p w ok iy n )....... 1too i . . . . ... Fulton Municipal..............200 f«r«ey City A Koneken.. 180 Bond,. «»................. 105 Mntroj'OiitAii -Bond-. . . . . lOd 109 autoAiiX, y .................. 223 m .K,t«auwe............................. <307 l Bonds. Sa, 1S90........... J l0 « NMWtt (Brooklyn)....... :kW ... sp l'.ml............................ 70 Scrip............................. 100 Sf. f . * K*,t Hlr. 1»t 5a . 071, 99 :Bond-. ........................... 585 78 ;standard prof................ * 104 Prcferrw! ............ . ... 87 Common. ......... 3'1 HHlj Common........................ 87 Oon«ll. 5* ................. n o !> v Weolera O a »................... 03 !,* Bond,. 5 ,.............. {87 i And aeonunl tnwraat. • Ex right*. A u c tio n S a le * .— A m o n g o th e r secu rities th e fo llo w in g , n o regularly dea lt in at th e B oa rd , w are re ce n tly sold a t a u ctio n B y Messrs. R. V . H arn ett & C o . : Bharat. I Bonds. 10 Reai Eat. Ex.4 Auc.Room, 7G tlO.flOO Balt. * Ohio Rv. ex- ■15................. 0 0 % By Messrs. A d ria n H , M uller Shares. 20 Jlnrhsilt i'! Lift* fn» Co.893 t o O C H t t - o C h iM W x V 425 Nat- •«<• H k lja .S -l 12 Cttt.*T. x. HR Co prof. 2 00 Chi. A Tex. RR. Co. com . * 4 0 lo t 4 lot Not Bank Of Newport Now*. V » .........400 2 Hemirtt? 9SVUIK8 A Tr. Co.. Porcintd. <>re___100 3 Brooklyn Tr*.i,£ Co___ 893 2 iBw Hoor Iron C o------ 400 53 Big Muddy Coal A iron ................ 1% Co. pr* r 2 Newport Now* Ustht dt Water Co ................... 1% 2 Tredegar Co.................. 25 2 Portland Ga, Co .......... 5 2 IntTnat OeeanT’leg, Co. 103 2German-Amer Ins. Co.343 2 Newport NoWaShipbTd ing * Dry Dock C o... 6 4510 Merril) Mf«. Co___$1 per ah. 25 UnionTra-t Co.. N. Y..727% l.->0 Seattle Coal A It, Co..*21 lot 00 Title Guar. <k Trust Co.200% 400 Btaodard Onr-h. Co. pf. 106 25 Manner#'Tr Co .B Kljrti.204 Hands. *1.000 Chi. A Tex. RR. 4«t5«, ^ *1,000 Crown Point iron Co. 6s, 189 7................................ 30 & S on : Bands. 84,000 Tredegar 00.4 e, 1690. 50 *2,000 Chateausuy Ore St iron Co. 0*. 19tr,.... ........ 45 $4,000 I, nice creek Cattle Co. 6s, deb., 1896............. 10 $2,0' o Cli saiieake Dry Dock A Coi.str. Co 1st 3#. 1037 . 86 $2.POo New River Bri ge Co. 1st 6a, 1898................. 100 $500 Cheney Water & Lurid Co. 7».................................... go $1,000 Chu.*, Ry Term’ l Ele vator Co. 1st a, f. Us, 19-41, $500 each............................. 70 $2,000 Newport News L. & Water Co. tat 3«. 1942....... 65 $340 Wash. Water Power Co. (>,, ooll. tr. notes................. 70 $10,000 ExeeMorSpringRR. Co. 1st 6#, M A N ................ 5 $1,000 Harlem Rlv, St Portcheater UR. 1st 7s, 1903, A t o . . ........................ 110% * in t $00,000 N. V, Guar. & Indem, Co. receipts ou necr of purOba#e of eons. mort. bonds of Cent, of Georgia Ry. Co, 40 per Cent paid.............. $41,100 $50,000 Kearney Elect. Co., of Kearney, Neb,, 5-20 1st Bs, 1909; July 1, I801,aoup >n- on ..................... . $16,300 Ranking and I^iuaiictaL S p e n c e r T r a s k & C o ., BANKERS, 27 & 2 9 P IN K S T R E E T , 65 State Street, Albany, IN V E ST M E N T NEW Y O R K . SECURITIES. S amuel D. D avis & Co., B A N K E R S, NO, 4 0 W A K E S T ., N E W T O lt f t , S a m ce l D, D a v is , . ■ C h a r , B. V a n N o s t r a n d , — .........—■I i Q'BORQH BABChAr Mure AT. M — Messrs* B j w h , M cK in ley & S h erm a n , No. 8 Broad Slrcet, m e m b e r s N e w Y o r k S to c k E x c h a n g e , in v ito c o r r e s p o n d e n c e a n d i o t j iir ie a in r e l a t io n t o t h : p u r c h a s e J a n d s a le o f O j v e r n - 173 30 o f f a An - x a n d u M. W h i t », 3 r t & W BAN K ERS P I N E S T It E E T , INVESTMENT h - s e c u r it i i t e N E W , If O II K. THE CHRONICLE. 174 [VOL. I,XII. P osted rates o f lea d in g bankers are as fo llo w s : J f r e { t a n k e r s ’ ( S & s r t lr . January 24. Name o f Company. Per Cent, When I Books closed. Payable. {Days inclusive.) K itH roadn. 5 Mch. 2 Feb. 2 to Mob. 2 N, V. Chic. & 8 k Louis 1st prtf. 5 1 Jan.25 to Feb. 2 PUttborg A Lake E rie... — .... H ank*. Fell. 1 Jan. 24 to Feb. 2 Core Exchange,. . . . . . . . . . . . . . . . . . 6 Gaunevuort........... ........ ...... .. . . 12% Feb. 1 Jan. 8 to Jan. 31 Feb, German American..— ............. 3 1 Jan. 26 to Feb. 1 Jan. 20 to Feb. 2 Feb. Oudios River.... . . . . . . . . . . . . . . 3 2 1 Jan. 22 to Jan. 31 Pad f!0 cqiuu-).... — ----------... Feb. T r u » t C o m p a n le * . Farmers' Loan & »rust (quar.).. 5 Feb. 1 Jan. 22 to Feb. 1 2 Feb. Kidd* County. Brooklyn (quar.). 1 Jan, 26 to Feb. 2 Nassau* B ro o k ly n ....... . . . . . . . . . 3 Fob. ! Jan.28 to Ftb. 2 F ir e I n s u r a n c e . Fticrnix (Brooklyn)................ 5 On dem. —-------- to — 5 Feb. R u tger*........ ............. ...... . 1 Jan. 16 to Jan. 31 m 1seel la n e o n s . Blackwells' Durham Ti bacco... 3 Jan. 221---- -— to CeMr. 1 Gna Light of N. T ... . . . .. 3 Jan. 26 to Feb. 2 Feb. Claiiin, 0 . B., U t w f . (quar.).. ) Jan. 22 to Feb. " '* 2nd prcf. (quar).. Feb. 1 Jan. 21 to Jan. 31 Columbus (O*) Btr^et By (quar.). 1 Consoltd’ti Coal, M&. (annual),.. i 2 Feb. 3 Jan. 23 to Feb. ;Feb. 1 Jan. 26 to Feb. Municipal lias, Albany (quar)... j 2 New En«lardTel.ife Teleg. (quar.) 1*4 Feb. ISiFeb. 1 to Feb. 15 Feb. Pennsylv ania Coal (quar.). . . . . . . 4 1 'Jan. 23 to Feb. Proeter & G am ble c’ nMeemi-a.)*! 6 ; Feb. 15,Jan. 26 to Feb. 14 Pullman’s Palace Car (quar.)... 2 Feb. 15 1Feb. 2 to Feb. 16 Street By & Hi. Prm ernes prel. 3 Feb. 1 Jan. 26 to Jan. 31 Wash ngt’i), (P. C.)Gaa-L. (quar). 2% Feb. 1 Jan. 16 to Jan. 31 F* Dividends on common stock: are payable semi-annually hereafter, instead of annually. Si ™ W A L L STREET, F R ID A Y , JAN . Sixty Days. Prime bankers' sterling bills on London.. D I V I D E N D S , 24, 1 8 9 6 .-5 P. M. Documentary commercial......................... Faria bankers' (franoB)................ „ ........ Amsterdam (guilders) bankers................ Frankfort or Bremen(reiehmarks) b'kers’ Demand. 4 89%®4 90 4 88^ 4 8 7 4 ^ 4 87 is 4 P6%®4 87 5177je^5 1712 5 15% 401lft® 40h? 40*4^405,6 9511g^95ae 95U u -3>95% T h e fo llo w in g w ere th e rates o f d om estic e x ch a n g e on N ew Y o r k at th e u n d er-m en tion ed cities t o - d a y : S avan nah b u y in g 1-16 d iscou n t, sellin g par ; Charleston, b u y in g par, s e llin g % p rem iu m ; N ew O rleans, ba n k , $1 50 p rem iu m ; co m m e rcia l 75c. per $1,000 d iscou n t; C h ica go, $10c. per $1,000 p rem iu m ; St. L ou is, 50@75c. per $1,000 prem iu m . U n ited S ta tes B o n d s .— Sales o f G ov ern m en t b on d s a t th e B oard in clu d e $16,500 4s co u p ., 1907. at 109 to 110: $1,000 4s reg., 1907, a t 108, and $23,000 5s co u p ., a t 118 to Q u ota tion s are as fo llo w s : Interest Jan. Periods 18. Jan. 20 . Jan. 21 . Jan. 22 . Jan. 23. Jan. 24. 2 s, .reg. Q.-Moh. * 96 * 96 * 96 * 96 * 96 * 96 4s, 1907.* ........ reg. Q.-Jan. *108% *108% *108 *108 *108 108 109 *108% *108 b 109*2 110 4s, 1 9 0 7 ....„ .coup. Q.-Jan. *109 4e, 1 9 2 5 ....... .reg. 0 ,-Feb. *114 *114 *113% *113 *113 *113 4s, 1925......... coup. Q.-Feb. *115 *115 *114% *114 *114 *114 5s, 1904............ reg. Q.-Feb. *1111} *13114 *111 % * m % *111 *111 5a, 19 0 4.---.. .coup. Q,-Feb. *11234 * 112 % *112 % *11214 113% *113 6 s, oui'ey,’ 9 6 ...reg. J. & J. *100 *100 "100 *100 *100 ,*100 6 s, our’oy,’ 97- .reg. J. & J. *102 *102 *102 *102 *102 *102 6 s, cnr’ey,’ 98...reg. J. & J. *104 *104 *104 *104 *104 i*104 6 s, cur'oy,’ 9 9 .. .reg. J. & J. *107 *107 *107 *107 *107 *107 4s, (Cher.jl896.reg. March. *100 *100 *100 *100 *100 *100 4s, (Cher.jl897.reg. March. *100 *100 *100 *100 *100 |*100 4s, (Cher.)1898.reg. March. *100 *100 ‘ 100 ‘ 100 *100 1*100 is, (Cher.)1899.reg. March. *100 *100 * LOO *100 *3 00 1 100 ' Tills Is the price Did at tfie morning uoard, no sale was made. T h e M oney M a rk et and F in a n c ia l S it u a t io n .— The usual U n ite d S ta tes S u b -T re a su ry .—T he fo llo w in g table show s dem and for in vestm ent securities fo llo w in g th e Janu ary dis receipts and paym ents at the Sub-Treasury, bursem ents o f in terest and dividen ds lias n o t as yet beer Balances, apparent, a n d business in W a ll Street has been restricted Date. Receipt.. Payment.. Coin. du rin g the w eek. E v id e n tly a large n um ber o f investors axe Coin Cert’s. Currency. either personally interested in th e prosp ectiv e Government $ $ $ $ 3,978,842 93,260,026 2.864.288 1,300,219 88,272,129 b on d issue o r are w a itin g for results o f th e distribution o) Jan. 18 3,466,824 93,618,206 4,40o,045 " 20 1,985,420 88,161,969 h e bonds. “ 21 10,658,242 9,940,881 93,888,270 1,910,172 88,654,514 2,974,260 93,992,5S6 1,793,232 88,162,571 2,439,692 “ 22 3,252,474 93,879,277 « 23 3.262.289 1,884,160 88.194,767 2,744,141 94,188,951 “ 24 2,894,981 1,939,056 87,991,037 th e bidders for th e b on d s have gen era lly arran ged fo r their Total 26,519.537 26,357,422 — — . . . . . . paym ent. Still th ere are tran saction s rep orted in varying C oin s.— F ollow in g are cu rren t quotation s in g o ld for am ou nts o v e r th e cou n ter. F in a n cial interests are particu coin s: larly sensitive to p o litica l con dition s, a n d as th e latter have Sovereigns.......$ 4 86 ■@$4 91 Fine silver bars,.. — 6 7 ^ ^ — 69 N a poleon s...___ 3 85 ® 3 92 Five francs......... . — 90 @ — 95 b eco m e m ore settled d u rin g th e w eek, con serva tive classes X X Beiclimarlus. 4 70 ® 4 80 Mexican dollars.. - 53 ® — 55 25 Pesetas.. . . . . . . 4 76 4 86 Do uneom’ o ia l..-------@ -------- are m ore h opefu l a nd con fid en t. Span, Doubloons, 15 55 ®15 75 Peruvian sols...... — 46 ® — 50 T he L o n d o n m ark et fo r A m erica n secu rities has im proved Hex. Doubloons .15 50 ®15 75 English silv er..., 4 80 -a 4 0 0 in ton e because o f in crea sin g co n fid en ce th a t th e h arm onious Fine gold bars... par 'cb% prem. XT. 8. trade dollars — 55 ® — 75 S ta te a n d R a ilr o a d B o n d s . ■Sales o f S ta te b on d s a t th e d ip lom a tic relations h eretofore existin g b etw een th e tw o na B oa rd in clu d e $25,000 V ir g in ia fu n d , d eb t 2-3s o f 1991 at 591/ tion s w ill soon be fu lly restored. The fore ig n e x ch a n g e m arket has been, a less im portan t in to f f e ; $5,000 V irg in ia 6s d e fd ., tru st recta ., stam ped, at 6; fluence in the fin a n cia l situ a tion th a n fo r several weeks past $3,000 A la b a m a Class A at 99: $2,000 N o. C arolin a co n . 4s a n d $1,000 L ou isia n a co n . 4s a t 98. n otw ith sta n d in g th e fa c t th at con d ition s are such as to m ake at 103 T h e m a rk et fo r ra ilw a y b on d s h as been e x ce p tio n a lly it profitable to b o th e x p o rt and im p ort g o ld in considerable quan tities at the same tim e. d u ll and featureless, b u t th e to n e con tin u es firm . S u ch T h e open m arket rates fo r ca ll loans d u rin g th e w eek on a c tiv ity as is n o tice d is con fin ed ch ie fly t o lo w -p rice d s to ck a nd b on d collaterals have ran ged fr o m 3 to 4 U per bon d s, in w h ic h th e R ea din gs are m ost con sp icu ou s a n d h av e cen t. T o -d a y ’s rates o n ca ll w ere 3 to 4 per cen t. Prim e a d v a n ced an average o f a b ou t 2 p o in ts on th e p rosp ect o f a com m e rcia l paper is qu oted at 6 per cen t. speedy reh a b ilita tion o f th e co m p a n y . D en v er & R io T he B ank o f E n glan d w eek ly statem en t on Thursday G rande 4s and Col. M idland 4s h a v e a d v a n ced 1 to 1% p oin ts. show ed an increase in b u llion o f £1.643,678, and the per T h e A tch is o n s a n d S ou th ern R y . 5s are also s tro n g on lim ite d cen ta ge o f reserve to liabilities w as 63-32, again st 60-00 last sales. C ol. H . V . & T ol. 5s have m a d e a fu rth e r a d v a n ce o f w eek ; the d iscou n t rate rem ains u n ch a n ged at 2 per cen t 3J^ p oin ts. M o. K a n . & T exas bon d s h av e been a c tiv e b u t he B ank o f F ran ce show s an increase o f 4,785,000 francs in w ea k . S om e a c tiv ity is n oted also in Ches. &. O hio C h ic o ld and 2,875,000 francs in silver. R . I. & P a c ., M il. & St. P a u l, N o. P a cific, Ore. S h ort L in e ' The N ew Y o rk C ity Clearing-H ouse banks in their-statem ent Ore. Im p . co n . 5s, U n io n P a c., W a b a s h and W e s t Shore o f Jan. 18 show ed an increase in th e reserve h eld o f $o 446 200 bonds. ovur the requ ired reserve o f $32,343,550, kgalnst Railroad and Miscellaneous Stocks.—Business in the 127,183,100 the previous week. s to c k m a rk et has been lim ite d a n d con fin e d ch ie fly t o p r o fession a l tra d in g . In th e ra ilw a y list flu ctu a tion s h av e in 1896. Differen’ tfrom 1895. 1894 m ost cases been w ith in n a rrow lim its. E x c e p t som e w ea k Jan, 18. Prev. week. Jan, 19. Jan. 20 , ness on M on d a y as a resu lt o f senseless w a r ru m ors, th e $ $ m a rk et lias luled. firm a n d q u ota tion s are g en era lly lii°’liei* * Capital.......... 61,122,700 61,622,700 th a n at th e close last w eek. & 00,122,700 Surplus.......... 73,017,100 72,028,200 72.515.200 Loan. A. dise'nh-. 453,958,200 Detj*L250,200 490.322.900 M an hattan E leva ted has been re la tiv ely a ctiv e a n d u n 419.685.900 Olreulatien........ 13.923,400 Dee. 79,200 stea d y sellin g a t 9 8 o n M on day, a t 1 0 2 ^ on T h ursd ay, a nd Not deposits....... 492,403,800 loo. 1,135,000 11,412,100 12.742.200 542,306,200 closes a t 103%, T h e co a l stock s h av e been n e g le cte d e x ce p t Sjaole................ 73,610,500 Ino .2,264,300 562.302.900 77,955,300 123,630,100 R ea d in g , w h ich has been stron g on th e th e o ry th a t its c o n Pedal tenders.... 81,836,000 In c.3,181 ,900 108,085,500 114.700.900 d ition w ill be im p ro v e d u n der a n e w m a n a gem en t. T he Reserve field___ 155,446,500 Ino .5,446,200 186,040,800 Legal reserve... 123,100,950 Inc. 283,750 140,575,725 238,331,000 g ra n g ers h a v e b een q u iet a n d stea d y, w ith n o im p o rta n t 135,576,550 n ew s a ffe ctin g th em . Snrplng reserve 32,345,550 Ino.5,162,450 45,465,075 T he in d u stria l list has been as usual th e fa v o rite field fo r 102,754,450 F o r e ig n E x ch a n g e .—F oreign ex ch a n ge has been du ll and m a n ip u la tion . A m e rica n S u gar a n d A m e rica n T o b a c c o have been th e m o s t con sp icu ou s featu res, b u t w h y th e y sh ou ld easy on a lim ited dem and fo r bills. O n T h ursday there I S m ore in qu iry from rem itters, w h ich ga v e a fi/m e r ton e to flu ctu a te ov er a ra n ge o f 4 % a n d 5 % p oin ts, resp ectiv ely , is the m arket. G old to the a m ou n t o f $2,500,000 has b le u best k n o w n to th e pa rties w h o are responsible fo r th e m o v e m en t. G eneral E le ctric a d v a n ced a b ou t 2 p oin ts on th e re exp orted du rin g the w eek. T o-day s a ctu a l rates o f e x ch a n g e w ere as fo llo w s : B ankers’ v iv a l o f an old ru m o r a b ou t an a llia n ce w ith th e W e s tin g house C om pany, w liic h was p r o m p tly den ied, and th e s to ck dem and, 4 80@ f 8^ ; dropped b a ck t o a b o u t fo rm e r q u ota tion s. T he m ov em en ts o f oth e r stock s in th e a ctiv e list are g en era lly u n im p orta n t. J ancA THE CHRONICLE l i y 2 5 , 1 8 9 6 ,] 175 NEW YORE STOCK EXCHANGE— A C T I V E S 2 0 C K S f o r w eek en d in g -J A N U A R Y 2 4 , an d since J A N . 1, 1896. HIGHEST AND LOWEST PRICES. Saturday, Jan. 18. Monday, Jan. 20 . Tuesday, Jan. 21. W e d n esd a y , J a n . 22. T h u rsd a y , Jan. 2 3 . F rid ay, J a n . 24. STOCKS. Sales of the Week, Shares. Range for year 1896. Lowest. Highest. A e liv e R K . S to c k s . 13 % 14% 13% 14% 14% 14% 1 4 % 14% 14% 14% 14% 14%'At,Top. A S.Fe.allinstal. paid 10,842 12% Jan. 15 Jan. 2 *21 21V 22% 22% -22 300 19 V Jan. 23 i *21V 23 | Do. prat, when issued. _ 21 21 23 Jan. 2 *21 22 *V % 4 % Jan. V % ‘ V % At lantic A Pacific...... % % > *% % J an. 13 *V 41V 42 ;Baltiinore A Ohio........ 1,602 36V Jan. 39 40 40 38 V -3 7 38 37% 37 % 38 38 43V Jan. 15 85 51 Jan. *i*4 55 'Canadian Pacific. __ 55% *53% 55 55 Jan. 14 52 52 52% 52 % 5 3 V 53 % *5-1 40 Canada Southern........ 1,133 45 V Jan. 48V: 48% 48% 49 4 7 % 48 47% 4 7 % 4 8 V 4 8 V *46 49V Jan. 13 5,504 94% Jan. 00 V 100 V Central of Now Jersey. 97 % 97 % 9s % 99% 98% 99% 90 100 101 Jan. 2 07 u, »99 » 65 14 V Jan. 14% 15%' 14% 1 4 V *14 V 1 5 V *14V 15%, 14 V 14 V -14V loVCentral Pacific........... . 14% Jan. 9 1 1 % 14 % 3,737 13 Jan. 1 4 V 14% 15 15V 15V 15 victiesapeafce& Ohio... 14% 1 4 % 13 15V 15V Jan. 2 153 1 3 9 !' ' 153 139 •153 159 *153 lau Chicago a A lton........ .. .... 153 4 m . _______ 159 160 Ido 73V 74% 72 % 73 V 74% 75% 74 V 73% 74% 75% Chicago Burlington & Qaluoy 36,063, 71% Jan. 73 74% 77% Jan. 2 *41% 44 ■41% 42 Chicago A Eastern Illinois 200! 42V Jan. 4 2 % 43 i *41% 45 ; '4 1 % 4 4 : ■41% II -13 Jan. 18 98 9-8 *93 100 Do pref. 100, 98 Jau. 100 } *1*5 100 1 *95 1 0 0 j *97 100 98 Jan. 23 60% 08% 60% 67 V 67% 68% 66% 69V! ds% 69V 68V 69%|Chicfigo Milwaukee A St. Paul 105,909; 63V Jan. 69% Jan, 15 <>07 125 Jan. Do * pref. 12 0 126% 12 0 % 126% 12 6 % 126% 126% 126% 130V 126% 126V 120V 127V J an. 2 8,12-7 94% J an. 7 100 V Jan. 2 08 98% 0 8 V 09VlChleayo A Northwestern....... 90% 97% 06 V 97 07 "4 0 7 V 0 3 V ; 98 Do p re f. 145 V 145 V ■144V146 . 1 4 4 V 14 6 *144 1 4 « 35(142 Jan. S 145 Jan. 4 145 1 4 5 . •144 14 0 65% 66V 6 5 V 6 6 % 6 5 V 6 6 % C h ica g o R o ck Islan d A P a cific 20.493 62 Jan. 68V Jan. 2 6 3 % 65 % ' t . 5, 64%. 64% 3 0 3 6 * 3.7 3 7 jO U cugd St. P anl M inn. & Out. 35% 3 4 % 1,050 31V Jan. 36 36 34 % 37 Jan. 15 3 5 % 33%. 11 9 122 118 12 2 Do p r e f. 121 •122 ........ ■113 122 104117 Jan. 121 Jan. 15 *121 125 , 121 3,264 j 31 Jail. 3 4 V S o V C leve. Cinein. Clitc. A St. L ... 35 35 j 3 1 % 3 5 V 3 3 % 3 4 ' 31% 34 V 37 Jan, 2 33 % 34% Do p re f 85 93 *85 95 I * 9 6 V 0 7 V *3-7 9 5 i.o s s ; 13 jail. 1 8 V 18% , 1 8 V 1 * V C o lu m b u s H o c k in g V a l. & T ol •1« 17 17 17*4, IS 18% Jan. 23 13V • i e v 18 5,7 DD oo *55 05 '5 ., 6 6.7 5 1 p re f, 65 •55 *53 65 65 6 3 ^ *53 *55 3,472 1194i Jan. 1 2 5 % *1 2- "7 ----------D ela w a re A H u *d s o n ............ 125 ........ * ~ 12 4% 125% 124 V 125% 125 1 2 5 V! 125% 125 V 125 127 Jan. 2-1 180 155% Jan. 163 V ! D elaw a re Lack a w a n n a * West *160 163 •161 *416 3 ; 162 1 6 2 V '160 162 V 1.70 1 6 0 V *161 163 Jan. 15 IA . Denver A K:-, - : -I -........ . -12 8 13% ■12 - l:; 8 * h % 12% *11 % 12% Jan. 16 1 2 V Jan1,589 40 Jan. 4 4 V 4 4 Vi Do p re f. 44V 44V 4 3 V 4 4 44% Jan. 16 4 2 % \*2’% 42 V 42V', 4 2 % 4 3 V *25 30 *2 s 3 0 E v a n s v ille & T e rr e H a u te *25 30 30 *25 Jan. *23 30 m *25 *25 27 Jan. 13 10 Uo 114 llo 111 'G r e a tN o r th e r n .p r e f.................. 110 l i t ■no 113 113 in •no no 385 89 V Jau. 94 to; m 97 95 '04 06V * » t V 0 0 V 8 0 V 9*1 V 'l l l i a o w C e n tra l............................ 97 96V Jan. 10 2-' ■ 7 V Jan. TV SV 7V 8 J Iowa Central........................... 8 8 f 7V 7V 8 8 8 Jan. 10 *7V BV 28 2* - 20 29 D o' p re f. 25 Jau. 2 9 V 2 4 V *25% 2 7 V •2.7V 28 38 Jan. 16 2 7 V 27 V -1 655 IS Jau, 20 1 it H 2 *.*v ' L ake Krfo & W e s te r n ............... 19 19 j 2 0 20 19 V 19 V 16 % 18 V 20 V Jan. 24 71 820 6 IV Jan. 71 71 . Do p re f. 70 70 70 V 6 9 V 6 9 v ; 71 72 V Jau. 15 IV 7 1 % 7 2 % : 143% 1 4 1 143 1 4 1 % Lake S h ore A M ich. S ou th ern . 1 U% 113 3,496,134% Jan. 7 145V Jan. 14 112 % 142 V 140% 141 111 V I 12 200 82 Jau. V I V 83 m m 82 •at V 8 3 t *81 V 83 .L o n g I n la n d ............................... 82 '8 1 V 33 84 Jan. 7 1,02.7 16 Jau. 19 SO I 1 9 % 1 9 % ;L o o g Islan d T ra e., a ll Ins. pd. 20 Jan. 23 -4 8 % It) ; ‘ 18 V 1 9 V *1 8 V 20 *16% 19 12 h -iy v : 43% 41% 4-4% 45V i t '- - 4 3 4 1 % I V - L ou & yllle A N a s h v ille ............. 30,6*6 ISO's Jan. 44 43 46 V Jan. 2 :• 0% OviLouisv, New Aibauy A CMo. - 1,170 0% 0% 9% 7 % Jau. 9 VI 9V Jan. 17 9% 9V 123 10V Jau. 20 20 20 19 *18 19 Do p r e f., ♦IS 10 *18 1 8 V 18%. *18 20V Jan. H 9 6 % 99% 99 % 100 m h io»i% 100 V 102 V 1 0 2 % 103% M anhattan E le v a te d ,e u tiso l 28,77.7 06% Jail. 98 V m m log*- .Tan. 24 103 104 lo t 104 M etrop olita n T r a c t io n _____ ,i 3 .5 “ ' 92 Jan. 10 2 103 105 Jam 14 11*3 1(*3 1 0 0 V 103 K H V 104 *91 .9 .6 ,_____ Oil % 94V J an. „ ........ ........... *93 m KW ; M ichigan C entral. 96 9 6 V 0 6 V ; *93 95 V Jan, 2 20 20 L'J *1-V !9%;Mtuue»polU A st. Louis 100 17 Jan. • is •18 2 0 : *16 16 *1.3 20 20 Jan. 13 *74 77 ! D ”o 77 *72 •7*1 77 *72 77 ; 77 •72 77 1st pref..! ........ j 72 Jan. 74V Jan. 10 43 41 41 2d pnref *40 *43 43 ■ Do ref 400 10 Jan. *41 V 44 40 Jan. 3 4 0 V 4 1 VI • i l v 45 24.7, l o v Jan. I I V M issouri K a n sa s A T ex a s . . . . . 10% 10% •10V 11 HI - 1 0 % 1 1 6 l I V Jan. 22 1 1 V 1 1 V * 1 0 % 1 1 % *11 * V, Do p re f. 2 5 i 2 1 Hi 23 V 25 iS H l 24 H 25 3,780 22 Jau. 88% 20V Jan. 14 315 1 1,77'24 23% 24 V; 2 1 % 2 5 2 4 % 2 1 % * 2 1 % 2 7 V M issouri F aelfte................... 20V Jan. 2 24V 22 2-1 ; .Mobile * Ohio 22 V 2 2 % 21 *22 10*! 21 Jan. 23 Jan. 11 •22V 24 M •65 97 *13 *70 *23 14% m 97 13 V 78 20 14% •63 90V ‘ 12 V *70 •23 11V ***** 8-5 ! "05 9«% U6 V 97 13 V. •12 V 1 i 78 j *7u 79 27 2 6 : *23 14 V 15 15 " ..-J ****** m * 3 5 ? 47 ’ ’ 180 183 13 V 13% y 9% 2 4 % 21% 2 *1% 182 ISO : ls 2 : 1-0 *13 13% 13V 13V 8V 9*4 8% 0 23% 2 4 V, *24 V 27 2 *1 % 2 * i% *3 11% •15 •5 *2% 8V -li •51 *15 3 ■11% *15 •5 *2% 8V *14% 52% *13 *116 3V 12 25 a 3 S*4 13 V 52 % 18 98 13% 78 2d 15 25 §5 07 V 15 80 29 15 2-5 181 119 5 10%: 28 90 113 20% 8% 20V 8 7% 37 *30 75 *65 3% 3 3V *3 OV 6% 1« 13% 11 n v 35 V: 35% *2% 3V 11* 80 30 15 «***. ‘ 65 ■'•■ : '"13 *7.7 *20 15V 8.3 N ushr.C hat t a n o o g a & s t. Louis n1 ■ ■•- VorkCentral A- Hu,i-,,u 15 !Now York Chicago A St. Louif so : Do 1st pref 20 ! Do 2d pref. 15V if. Y. L. E. A W n, ail lne*{ pd.. Do pref., all ins'tpd. *10 25 O reg on U’ y A* N a v ig a tio n Co O regon m . L in e A U tah N orth *5 8 :*Li” ■ — - — *3 3 V P e o ria D eca tu r AE v a n sville 3 3 9% 10 *.. Pblla-A Reading 1st Inst. pd. 0% 9% *13% i e v 1,7 16 Pittsburg Chin. Chic. A 3 t 1. 53 : Do pref. 52 5 3 V '52 *18 24 ! *13 21 ; Pittsburg 4* Western, pref.... ftio Grande Western li 116 117 V.*110 H 0 Rome Watertown A Ogdensb •-,4 1 *5; •:>! .'Cl tftt. Alt 4 M s RHaute. .n li st* fit* ]§*, lends Louie Alt. A TTerre 4%, *4V 5 ;sft- Louis Southwestern.......... Do pref. l"*s 10% 10% 10% 10*- 10V 11 28 i *22 *23 26 St. Paul A Duluth. 28 *85 90 In* 88 pref. S110 1 1 0 ist. P aul M inn. A M asitnl>ba... 110 ID* 1,062 300 280 100 2,185 100 93% Jan. 7 98 Jan. 11 Jan. 2 15 Jan. 71% Jan. 17 80 .Tan. 26 Jan. 17 23 Jan. 13V J**n. 7 15 V Jau. 23 Jau. 10 25 Jan. 297 175 Jan. 1,750 12% Jan. 410 8 V .Tun. 4,040 21V Jan. 902 1,091 6 V Jan. 2% Jan. 10V Jau. ____ 300i 23,370; 100 511 100; _____ . . . . 2% .Tan. 2% Jau. 14% .Tan. 52 Jan. 17 Jan. 810 1,124 115 V 57 V 4 9 20 av 27% 9% 20% 7% *30 *65 •i *3 *0 16 11 30 *3 9 I 27 V: ?%| 37 ! 75 4 ! 3V iiiJ J J J !»V 27 V *7V *30 *65 ‘3V *3 6% 16 11 85% *2% JPJPffi# J8V* 62 J*%; 14 22 22 22 24 22 20 22 14 24 7 8 V Jan. 3 8 3% Jan. 4 8 12% Jau. 16 9 7 7 8 15 3 Jan. 10% Jan. 10% Jail. 55 J an. 18 Jim. 3 24 14 10 21 Jan. 13 113 Jan. 3 Jan. 15 60% Jan. 3 Jan. 7 5% Jan. 23 Jan. 6 11 Jan. 14 311 l i d join, 2,082 10% Jan. 3,327 7% Jan. 8% 27 11,558 23% Jau. 2<V! Do pent, voting trust. cert. i 11.558 s T e x a s A P a c ific ............. 8 580 7V Jan. 8 37 Toledo A. Ohio Central. 37 *30 37 *03 73 75 Do pref. 75 3V 3% 4 248 3V 3 V: Union Pacific Denver A Gulf. *3 3V 7 Wabash..................................... BV> 225 0% 1*5% 16 Do pref. 5.235 16 V 1«V 16% H 11% 11%'Wheeling A Lake Erie............ 10,481 11V 1IV 35V *35 35% 38li Do pref. 531 36 *3 3%. 4 Wise. Ceil. Co., voting tr. ctfs. 4 4 100 tfls e e lla n .-o u * S t o c k s . *16 17 16 10 % 16 17 *10 17 38S 10 Jan. 16 16 10% 16% American OottoB Oil Co 61 % 64 % ! 0 3 % 6.7 *63 *•-7 *63 05 ; ‘ 03 65V 08% 03 Do pref. 375 03% Jan. 1 0 0 V 1 0 2 V 1O O V 1 0 1 V ; 100% 102 V 101% 102% 102% 104 103 105V American Sugar Refining Co. 128,418; 97 Jan. *96 97V 90 98 9 6 V 00V 97% 97% 98 1,09*5 95 Jan. OH 98 98 Do pref. 77V 78% 78 81 7 7 V 70% 70% 70 j 75% 7.6 74% 78% American Tobacco Co............ 126,077 74% Jan. * 1 0 2 V ......... 102 V 102 V * 1 0 I V ........ *101 i o i I 101 % 101 % ................................. Do pref. 100 100V Jan. « 1 V 67%: 0 5 6-7% 6 1 V eev; 0 3 % 63 1 64V 61% 0 1 % 66 Chicago Gas Co., certs, o f dep. 37.002 62 Jan. 1 4 4 V 145 ,1 1 1 111 14 0 40 140 146 144 140% 146 ----- V,*143 147V Consolidated Oas Company.. 14V 1 3 V 15 15 V 15 14% Jan. 15V 13V 15%, 13V 16V 15% 18 DIs.A.C. P.Co.,tf.cis.all Ins.pd. 24 % 25V 23% 2 5 V 2 4 V 26V 22 Jan. 20 27 V 25% 20%! 23% 26% General Electric Co 05 V 0-7' 1 ........ 05 *........ 65 02 62 62V 02%,Illinois Steel C*. .... 02 Jan. *62% 65 24 21 23% 21 National Lead Co 23 Jan. 23 V 23 % : 2 3 V 23V *23 V 23 21 84% -65 84 85V 84 V 85 V 82 V Jan. Do pref. 83 V 85 V 83 V 83 V 83V 85V 4V 5 -1% 1% North American C o ... 4% t% 4% 4 Jan. 4% 4% 4% *4% 4% 24% 25% 2=5 25% 20% Pacific Mail................ 22% Jan. 25 25% 2 5 V 25V 25% 28%! 23% 26 ‘ 144 . . . . . *140 ......... >*140 ........ n :» 7 V ....... Pipe Line Certificates............. 137V . . . . . . *137V 154 154 153 152 ’ 151. Jan. 1-51 *131 151 302 i-lH ! 154V154 V 13*2 132 Pullman Palace Car Company *67 V 07% *67V 6 7 V *07*4 07Vi *67% 07% ♦87V 67% Silver Bullion Certificates__ 07% Jan. 25 26V 25 25% ' 2 0 V 20V 7,285 23 Jan. Tennessee Coal Iron & R R ... 26% 27V 27 27% 2 «V 27 Do pref. 5% 5 % U.S,Cord.Cf*.ttr,ree.all tns.pd, 5V 5V 5% 5 V 5V 1,993 IV.Tan. SV 5 V 5V 5H 5% *9 V 10 9 .Tan. *9V 10% *9% 10V - % Pref.. tr. rets, all Ins. pd. *0 V 10V *9% 10% 10. % 10 305 *9% 10 9V 10 j OV 9 Jan. 9% 9% 2,564 9 V 9% United States Leather Co...... 9% 9V 00% 02 eiv %; ei 03% <4| 81% 62V 61V 03V 62 Do pref. 16,518 56V Jan. 20V 27V 26V 26V 26V 27 27 United States Rubber Co.. 2,015 24 Jan. 20V 27% 27 27V 82% 83% 82V 63%: gp-, 83% 81V 82% 82V 82% 82% 63% Western Union Telegraph. — 47,448 81% Jan. * These ore bid and asked; no sole mode. ;| Lowest Is ex-diytdend. 1! Trust receipts. 20 V 7 182 Jan. 7 13% Jail. 8 9% Jan. 7 20% Jan. 22 115 Jan. 11 23 32 V Jan. 14 8 9% Jan. 15 7 28% Jan, 2 7 8V Jan. 2 t"**l>t>t*ss t- 00 IIS 11*4 59 4% 4 V 5% * io v 10% *22 *22 *33 ! *85 ,*110 *110 1 n 20 % 20 % 20V «% 8% a% 23% 26% 25% 7 V 7%j 7% *3*» 37 1 *30 *05 75 ! *65 3 *3V ___ *3 a V; *3V 6% -O't 6V 15% 10 ! 15% 10% 11% 10% 36 80 ; 33V 2 V *3 2V 93 *13 •73 *27 15 13V i;s% ‘ 13V n % New York Ontario A Western !»V 9Vj 9V >% New York Susij. A West., new 25V 25 26 V i Do " pref. -IV 2 {NorfolkA Western............. ...... .......... : Do pref. *3% i 'i Northern Pacific. Do pref. 12V 12V! 12 V 12% M l 3 ; 12 : 25 0H 3 ' 8V 15 V 52% ; *65. 4% Jan. 3 3V Jan. 8 6% Jan. 2 10% Jan. 15 11%.Tan. 17 37 V Jan. 17 3 V Jan. 8 20 18 Jan. 20 06 Jan. 7 105V Jan. 0 9-8 Jau. 24 84V Jan. 7 1 0 2 V Jan. 7 67 Jan. Jan, 7 17% Jan. 6 27*4 Jan. 23 62 V Jan. 6 25% Jan. 7 85% Jan. 6 5 Jau. 7 20% Jan. 2 18 24 10 4 20 18 2 2 22 2-1 16 0 18 2 7 156 Jan. 14 8 07% Jan. 8 7 28%, Jan. 2 6 7 9 9 8 22 5% Jan. 11% Jan. 10% Jan. 04% Jan. 29 Jan. 85% Jan 15 15 16 _ 10 • 13 2 THE CHRONICLE. 17(5 ii.iV YDilK STOCK. EXCUlStfE PRICES (.ConUnnod) ~ 1 N A O A l V 15 ST O C K S, I nactive Stocks f Indicate# unlisted, Jan. 24. ! Range (salesj in 1896. Ask, | Lowest. Bid. I nactive Stocks, ft Indicates unlisted. Highest [Vox,. LXII, ^ I n d i c a t e s a ctu a l sates.J Mlscellaueous Stocks* BtUroad Stoekn, Albany & Susquehanna........ - 10 0 170 IBs Ann Arb *r.. . . . . . .....- .............. 10 0 Preferred........... . . . . . . . . . . 100 }26 4 Bali, a O. 8. W. prof,, n ew ..... too B -UeviLto & South. HL p r e f„ - 10 0 B >8ton 4 N. Y. Air lin e prof.. 10 0 104* 15 10 0 • B iffalo Rochester A Pittsburg 10 0 101 Preferred........... .............. . 10 0 B ail. Cedar Rapid# & N or......, 1 0 0 Clev. Lorain A Wheel, pref.— . 10 0 Cleveland A Pittsburg. ......... 60 158 6% Des Moines & Foi t Bodge,..—. 1 0 0 Preferred.. . . . . . . . . . . . . . . ----- 100 45 5*4 Daluth So. Shore «&Atlantic ii 10 0 10 10 0 F 180 10 ! 9 ...... | 24 Jan. Jan. 10% J an. 26 Jan. 140 131% Jan. 106 10% 20 I 10 Jan. 55 131% Jan. 10 Jan. 41% Jan. 53 Jan. 155 Jan. 1 5 Jan. 7 Jan. 7% 5% Jan. 53 5 % Jan. 4% Jan. 6 12 F lin t A F e re M a rq u ette.. . . . . . . 1 0 0 P r e f e r r e d ..... — . . . . .1 0 0 Gr. Bay Win. A St. P, tr. r e c ----- 100 P re fe rre d tru st ren ts. . . . . . ..1 0 0 H o u sto n & T e x a s C en tra ! . — 100 1*9 2% 85 Jan. 85 I llin o is C entral leased l i n e s ....1 0 0 27% 2o Jan. 25 Indiana Illin ois A I o w a .. . . . . . . 100 r22 8 8 Jan. K a n a w h a & M ich iga n — . . . . .. 1 0 0 2 2 Jan. " l’ K e o k u k A D ee M o i n e s ..... . . . . 1 0 0 ■ P r e f e r r e d . . . . . . . -------- ------------100 1-7% 3 LouisV . 8 t. L ouis & T e x a s . . . . . . 100 9 9 Jan. 10 M ex ica n C entral................. . . . . . . 1 0 0 1% 1 % 1 Jan. M e x ica n N a tion a l tr. e t fs ___ ..1 0 0 162% Jan. 164 M orris A E s s e x . . . . . . — ----- . . . 50 47*’ 4.5% Jan. 46 K ew 12 o gl an d .........— ,1 0 0 New J e rse y A N, ¥ . . . . . . . . . . . . 1 0 0 F re terred — .................. . . . . . . . 1 0 0 115% Jan. 120 N . Y. L ack. A W e s te r n — . — 100 N orfolk & S o u t h e r n . ..,............1 0 0 15 O h io S o u t h e r n ................ . . . . . 1 0 0 3 3 Jan. 4 7 P aoria A E as t g r a — .................. 100 R -ussel& er A S a r a t o g a . . . . . . . . . 100 178 182 R io G ran de W estern p r e f . . . . . . 100> ' No price Friday; latest price this week. Jan. Jan. J an. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Range (sales) in 1896 Ja n , 24 Bid. .100 146 41 .100 l L10 Am. Spirit Mfg. Co (when issu etl)ir Preferred (when issued) If. .. Amer, Telegraph A Cable. .... .100 191 B m State Gas TT....................... 50 19 Ask. 150 43 in Adams E xpress................... American Bank Note Co 1F. % Highest Lowest. Jan. ....Jan. 149% Jan. ___ 115 Jan 91 Jan. 21% Jan. 91 Jan. 2244 Jan. 2% Jan. 23% Jan. 4% Jan. 23 Jan. __ 2 H Jan. 146 110 ___ 25 1 .100 Colorado Coal A Iron Devel- —100 J3% 3 ^ 100 537 27Jfi 100 l 1% Columbus A Hocking C oal... .100 100 150 .100 29 50 193 Edison Elec. 111. of Brooklyn. 100 100 60 £61 8pS|lp. IOO 20 21 80 too 73 60 100 45 100 100 64 Minnesota Iron. 100 02 16 .100 20 National Starch Mfg, C o ..... 100 4 5 IOO 5 7 Ontario Silver Mining.. 100 10 11% 100 Oregon Improvement C 4 2% Pennsylvania Coal....» 50 310 .100 1% 2 100 Preferred........... . 15is TOO Texas Pacific Land Trust.. 100 }21 100 138 U. S. E xpress.......... . 38is IOO 85 U. 8. Rubber preferred 88 95 100 Wells, Fargo Express . .... .... I 3* Jail. .... .... .... Jan. 93 Jan, 60% Jan. 61 Jan. 18% Ian. 78% Jan. 20% Jan 78% Jan. .... 89 .... 53 Jan. 18 Jan. 4% Jan. 8 Jan. 2% Jan. 2 17 38 83 97 Jan. .... 63 jan . 20% Jan. 5 Jan. .... 10, Jan. 4% Jan. ___ 2 Jan. JaB. 2 1 Jan. 42% Jail. 89 Jan, 100 Jan. Jan, Jan. Jan. jAotual sales. SEW YORK STOCK EXCHANGE V R l G m . - S T A T E B O N U S J A N U A R Y « 4 . SECURITIES, A’ sbama—Class A, 4 to 5....... 1906 Claes B, S a ............................1906 Class C, 4 b. . .......................... 1906 Currency funding 4g........... 1920 Arkansas—6a, fund, JUol. 1899-1900 do. Non-Hoi (ord 7a, Arkansas Central RE .. Louisiana—'7s, cons............—.,9 1 4 Stamped 4s................................... Hew conola. 4s..................... 1914 ask . SECURITIES. ...... Missouri—F u n d . -.......1894-1895 Kortli Carolina—6s, old..........J&J 97 % 00b omitted.) Capital Surplus Loans. Ask. SECURITIES* Tennessee—6s, old........ 1892-1898 6s, new b on d s------.1892-8-1900 ....... ........ do new s e rie s..............1914 New bonds, J&J -...-1 8 9 2-1 8 9 8 ........ . . . . . . Compromise, 3-4-5 6s........1 9 1 2 3 s......................... ...1913 Redemption 4s................1 9 0 7 Consolidated 4e................... 1910 102 ........ do 4%s.................1913 6 s . .. . ......... ............. ............1919 120 Penitentiary 419s................. 1913 Sontli Carolina—44ss, 20-40..1933 106% 109 Virginia funded debt, 2-3s ... 1991 2 6s, non-fund..........................1888 1 6s, deferred t’at ree’ts, stamped. New York City Hank Statement for the week ending January 19. 1896, W e om it tw o cip h ers {00) in a ll cases. Basks, ( Bid. Bid. 109 111 100 102 Specie. Legals. Deposits Bid, Ask, ....... 80 8~r go" 604a 6 5% New York City, Boston and Philadelphia Banks : Capital & Surplus. Loewis. Specie. Legals. DepositsA CircTn. Clearings $ N. Y.* $ $ $ $ $ $ Dec. 21.. 134,000,6 489,646,6 67,856,5 78,555,0 517,290,8 13.973,1 747,817,0 28.. 134,139,8 478,466,5 67,114,2 74,097,8 501,089,3 13,926,7 667,659,3 Jam 4.. 134,139,8 465,580,7 08,954,7 73,728,7 491,614,9 13,952,9 645,072,3 11., 134,139,8 458,208,4 71,346,2 78,654,1 491,268,8 14,002,6 613,214,1 “ 18.. 134,139,8 453.958,2 73,610,5 81,838,0 492,403,8 13,923,4 590,908,9 Bos.* Jan. 4.. 69,351,8 168,110,0 11,160,0 5,330,0 150,606,0 8,893,0 103,281,2 “ 11.. 69,351,8 166,865,0 11,329,0 6,794,0 145,752,0 8,945,0 88,019.1 “ 18.. 89,351,8 164,450,0 11,609,0 5,302,0 144,809,0 8,920,0 87,566,0 Fhlla. * Jan. 4.. 35,263,0 108,159,0 29,585,0 108,948,0 6,364,0 81,548,3 “ XL. 35,263,0 107,629,0 30,022,0 107,737,0 6,396,0 69,070,3 “ 18.. 35,263,0 107,449,0 30,566,0 107,872,0 6,401,0 69,340,9 * Aw0 ciphers in all these figures. + Including for Boston and Phila delphia the item due to other hanks.” Bank ol New York., $2,000,0 $1,965,4 $12.,090,0 $l/d90,*0 $1,530,0 $11,600,0 050.0 ™078,5 13. 113.0 1.348.0 4.089.0 15.506.0 Manhattan Co........ -------000.0 983.7 8, 319.5 1,868,8 1,001,6 9.522.8 Merchants’ ............. 000,0 320.0 1.021.0 1.365.0 7.318.0 ltsl,6 Mechanics’ .....— ,839,5 3.106.1 2.459.9 17.842.0 389,4 500.0 America........ ...... 000,0 920.0 260,0 1.060.0 3.845.0 422,0 Fhenix................... 000,0 ■8,5 111.1 12,218,7 4.295.6 32.040.4 207.7 Qity....... -.......-...... 750.0 844,3 72,4 324.4 1.825.3 191.6 Tradesmen’ s . . . . .... 300.0 ,382.5 830.5 3.346.9 4.233.5 23.137.1 Chemical 741.2 16L5 873.4 600.0 Merchants’ Excb’ge 506.9 4.388.1 ,000,0 . :-jok 551.9 1.371.3 5.127.0 067.8 Qallatin N ationai... 300.0 BtLtchers’&Drovers’ 229,5 220.9 447.9 202.3 1.646.9 330.2 601,0 190.0 Mechanics’ <s Trad’s 400.0 305.0 2.570.0 200.0 997.2 Greenwich......... . 172.3 136.2 973,4 196.3 800,0 Leather Manufac’ra 085.5 478,8 281.7 773.1 2.966.9 300.0 276.4 702.3 Seventh National... 105.3 229.9 2.027.0 489.4 214.0 Bfc&te of New York.. ,200,0 550.5 2.615.3 243.3 Miscellaneous and Unlisted Bonds : 841.0 1.405.0 3.234.0 18.707.0 American Exchange .000,0 ,344,3 ,000,0 ,570,1 Commerce............ . 662,8 675.5 4.214.5 15.851.7 ,000,0 ,634,G .476,4 Broadway.............. 399.7 4.773.9 928.7 M iscellaneous Bonds. ,000,0 964.0 Mercantile............ . ,634,7 1,240,4 1.089.2 7.189.3 Boston On. Gas tr .certs., 5sManhat. Beach EL ifc L. g. 4s. 422,7 479,2 ,816,8 , 446,3 Pacific...... . ...... 849.7 3.542.8 Ch. Jun.&S.Yds.—Ool.t.g.,58 *108” a. Metropol. Tel, A Tel. 1st 5?.. ,500,0 822.1 1.699.0 1.266.4 11.451.5 Col. C, & I. Devel. gu. 5s-—.. Republic............... 963.7 Mioh-Penin, Car 1st 5s, Chatham............. 988.1 952.2 713.8 Mutual Union Teleg,—0s g .. 755.9 5.969.8 Colorado Fuel—Gen. 6s. 200.0 251.8 People’s ............ 958.3 465.9 2.822.8 Col. & Hock. Coal & I.—8s, g. N. Y. A N. J Telep. gen. 5s-. 109 a. 235.0 700.0 567.8 073.9 North America...... 321.8 810,0 4.823.4 Cons.Gas Co..Chic.—lstgu.5a '80**b. Northwestern Telegraph—7s. ,000,0 ,967,6 Hanover....... 95 b. People’ s Gas C. ? 1st g. 6s. 230.5 4.179.9 2.369.2 17.041.3 500.0 Irving............... . 342.5 843.0 380.9 648.6 2.961.0 Co., Chicago.... f 2d g. 6s. 101%b. 600.0 Citizen’s ................ 400.6 560.2 848.1 224.7 3.249.2 Edison Elec. 111. Co.—1st 5s . 107 b. 1st cons. g. 6s................... 97%b. 500.0 Nassau...........-— 265.5 99 b. Pleas, Valley Coal-1st g. 6s. 389.3 869.2 3.291.2 145,7 750.0 Market & Fulton.. 848.7 768.9 Do of Bklyn., 1st 5s__ *110 a. Sunday Creek Coal 1st g. 8s.. 100 b. 505.5 '730,7 4.089.8 ,000,0 43,2 Shoe & Leather..... ,892.3 268.9 467.4 2.900.5 Equit, G.-L.,N.Y., cons.g. 6s. U. S. Leather—S. f . deb., g.,6s I l l a. ,000,0 ,181,0 Corn Exchange, 779.9 1.524.2 850.0 8.715.9 Equitable G. & F.—1st 6s- .. 96 a. Western Union Teleg.—/ i .. ,000,0 Continental.— 201.5 893.1 1.114.8 596.1 6.095.7 Henderson Bridge—1st g. 0s. Wheel.L.E.cfePitf'k Coallst5s 68 b. 413.2 Oriental ....... 860,0 192.5 Unlisted Bonds. 420.4 1.870.0 I mportbrs’ATraders ,500,0 ,627,0 77 L0 3.733.0 3.812.0 20.638.0 Am. Spirit Mfg.,1st,wheniss, ,000,0 ,214,3 Park.................... .687,5 3,883,6 4.564.2 28.063.7 Int. Cond. & Ins. deb. 6s...... — — Comstock Tunnel—Ino. 4s *7 "b 250.0 East River............ 144.5 ,104,8 115.6 285.7 1.111.9 N ote .—“ 5” indioates price 6id; fa*9p rice ,200,0 Fourth National,.. 105.3 * Latest prlos this w ,.ek ,930,9 2.093.9 3.478.9 17.707.4 ,000,0 479.4 Central National... 149.0 962.0 1.650.0 9.139.0 300.0 Second National__ 620.5 884.0 8 ; 0,0 1.397.0 6.490.0 B a tik Stock List—Latest prices this week. (*Nofc listed.) 750.0 Ninth National 384.7 819,8 446.2 397.7 3.974.1 500.0 ,131,0 First National. ,778,9 1.688.9 3.422.7 18.905.1 RAKES. Bid. Ask. BANKS. Bid. Ask. B A N K S . ,000,0 Third National....... 262,1 ,366,3 1,301,8 854.2 8.271.4 300.0 N.Y, Nat. Exchange 72,7 ,420,8 146.7 Garfield...... . 400 250,6 1.872.0 America..... 300 N.,Y.Nat.Ex 250.0 Be wary..........— .. 887.0 ____ 571.1 456.0 German Am. 2 w8,0 , 2,991,0 Am. Exeh--. 170 120 N inth....... 200.0 New York County.. 794.5 437.9 709.2 Bowery*...... 270 300 236.3 3.505.7 19th Ward.. 750.0 German American.. 276.2 .681,5 302.9 476.5 2.649.3 Broadway. . . 230 ___ Germania.... 110 145 N.1America. 500.0 ,307,4 Chase National, >394,8 1.831.3 4.627.2 17.998.7 Butchs’ &Dr. 145 Greenwich *. 177 190 Oriental__ 220 100.0 .,054,4 Fifth Avenue. .422,7 878.4 1.307.2 7.505.3 116 120 305 Pacific....... 195 German Exchange.. 606,0 200,0 680.4 310.3 633.2 3.320.5 Park..._ _ _ 272 200,0 G&rtnania...... . 642.0 .060,9 554.7 273.9 3.851.8 Chatham..... ...... 350 Iin. & Trad’s’ 520“ 550 People’ s __ 500.0 Halted States. 362.3 559.5 793.8 692.8 5.232.9 4100 4350 130 Phenix...... 105* Lincoln.. ..... 300.0 573.0 ,353,8 753.9 1.113.2 7.166.3 City— , .. 175 Prod, Ex.*.. 115 125 200.0 Garfield........ 635.8 ,281,6 809.2 375.0 5.082.5 133 137 670 Republic.— . 148 Fifth National 200,0 312.1 526.2 211.3 411.5 1,780,8 Manhattan*. 201 Seaboard — 137 Bank of the Metrop. 300.0 787.0 903.4 857.2 1.005.6 6.431.4 Commerce... 200 205 Market & Ful 200 Second..— 485 West Side__ ....... 200.0 311.0 366.0 300.0 327.0 2.395.0 Continental. 125 Mechanics’ .. 1B7J.J Seventh .... Seaboard...;.. ...... 500.0 986.0 235.8 802.0 1.052.0 6.186.0 Corn Exoh.. 295 M’chs’ Trs5 150 Shoe&Le’th 92 Ga 100*' Sixth NattouaL..... 300.0 797.0 339.5 306*0 201.0 1.518.0 East River.. —V»' ...... Mercantile.. 182 Southern <4, 80 140 Western National.. 282.2 100.0 .676,8 1,241,2 1.113.8 8.633.4 11th Ward... 200 Merck lids'.. 132% Stateof N. Y, 108 112 Fust.Nat. Br’klyn.. 800,0 884,7 ,296,0 872.3 437.3 5.391.0 Fifth Ave.,.. 2700 Merch’ts l i * 110 Third......... 108 600,0 Bout aero Nationai.. 589.4 >184,9 170.4 713,2 2.319.5 Fifth*.......... Metropolis.. 415 460 Tradesman’ s 93 Nat. (Jnion Bank.... 200,0 439.9 290.0 1.518.1 1.136.6 8.121.1 M l Morris-140 Union Sq.* Liberty Nat. Bank, 500,0 739.2 154.5 ___ , Nassau..,— . 15c 43,7 456.9 1,680,0 First N., S. i . Union....... N.Y. Prod. Exch’go. 000,0 372.1 295.5 513.9 278.9 2,873,0 14th Street—170 S'. Anisldara AMS!L _ Un’d States 175 Fourth, New York—. 9.3d 240 Western 180 110 112 Yqtal........a.—..—'01,122,?:73,017, l 453*958,2 78*810.5 81,836.0 492.403,8 Gallatin;__ - 300 82o\ N.Y.Co’ntv 58#: Wnaf; Ri il<>. 275 JANUARY35, 1886.] THE CHEON10LE. BOSTON, PHILADELPHIA Active Stocks, f Indicates unlisted. 177 AND BALTIMORE STOCK EXCHANGES. B T S h a re P r ic e s — n o t P e r C e n tu m P r ic e s . Saturday, Jan. 18. Monday, Jan. 20. Jan. 21. Wednesday, Jan. 22. Thursday, Jan. 23. Friday, Jan. 24. 13% 14 14 14% 14% 14% 14% 14% 14=3 14% Atoh. T. A 8. Fe^Boston).100 137g 14 'Jk) 1 *1^ Atlantic A Pao. •* 100 *384 .... 42 ‘ 40 39 39 11% Baltimore A Ohio (Balt). 100 *38% 39% 39% 40 ' ........ 69 *67% 69 69 63% 69 Balt. City Pass' get •< 25 *67% 63% 17 17 17 *17 17 17 17% 17 Baltimore Traction •' 25 16=9 16% •16%___ 17% 17% >1? L7 17 17*9 1 0 % 17 BaltimoreTrao’nUiPhil.). 25 16% 16% *16% ..... 206 206 '206 206 207 207 207 Boston & Albany IBostoO.lOO 205 305% 205% 206 2024 202% ........ 202 •202 % 2 0 2 % 202% 202% *200 2-*2% Boeton A Lowell “ 100 *202 203 „„ 166% 106% .......167 167 * . . . . . 166% 165% I t 5% Boston A Maine " 100 16? 167 *10 12 *10 12 *10 12 ........ 13 *11 Central of Mass. “ 100 12% *55 58 Preferred “ 100 74 4 73 74% 75% 74*4 75 74 \ 7 5 % 73% Ohio. Bur. A Quin. “ 100 73 66=8 67% Ohio. Mil. A St. P. (PAiL).lOO 66% 63 4 09=3 68=8 89% 88% 69% 09 9% 9% ...... 9% 9% 9: 9% 9% 9% 9% 9% Oho O. AG.vnt.t.c.- “ SO »?» ‘ 26 27 26% 26> . . . . . . 27 26 28 27 27 Cit. 8t Ey of Indr •“ 100 27 90 89 90 90 89% 89% 90 89% 90 89% 90 Fitchburg uret..(Boston).100 90 36% 37 30 36% 30% 36% 37 36 36% 35% 36 Lehigh Valley.. (Phita.j. 50 36 135 134 134 m 131% 135 * ____ 134 * Maine Central [Boston). 100 103% 103% 103% It 4% 103% 103% Metropol’n Trac.r LPAtfi.100 101 103% 101 102% *103 9 9 9 9 9 9% 9% 9 9 9% Mexican Cent'; (Boston) .100 9% 9% 46 4S *47 48 Saw England___ •• 100 *30 80 80 37 83 S3 Preferred........ *' 100 ........ ........ QS* ........ ........ *67 68 northern Central (Ball.). 50 3 3% 3% 3 3% *3 % 3 % *3 3% 3% Northern Pacific fPAtfa.ilOO 3% 3% *12 IN 12 12 % *12 *11% 12% 12 Preferred •• 100 *11% 12 *it% 12 *177 L77% 178 173 173 178 178 178 *177 Old Colony.......(Boston.). 100 •177% 178 52% 52 52% 52% 52% 52% 52% 52 nnsylvaaia ..(P hilo.). 50 52% 52% 52 52% 5 5'*, 1% 11a. A Reading, “ 50 *t% 1% *%*-,, 4 !',.. 1% 1% 1%8 l*i IN 07% 63 69 65*4 67 67 01 70% delph Trac. “ 50 63% 63% 65 67% 3 3% *3% i 3% 3 3% 4 *3 1 3% PadflO— fBesfeniLlOO *3% 10% 11% 10 % 107, 11 Traction.. (Phila .). 50 10 11% 11% 10% 10% 10% 11 11aneons s t o c k s , 101% 105% 100% 101% 101 102% 101% 102% 102% 104 e'r Roiln.fi ( Boston). . . 100% 102 97 93 97% 9 7 % 07 99 98 grad........ “ 96% 90% 96% 97 98 197. 197% 197% 197% 197 .98 Bell Telephone.. '* 100 193 19-i 193 193b 196 198 69% 69% 70% *83 69% »S% 69 68% 09% 0S% 70% Boat. A Montana. " 25 69% Butte A Boston.. ** 25 11% 12 11% 11% 11% 11% 11% 11% 11% 10 % 11% 11 295 293 295 295 295 295 295 295 Calumet A H eda “ 25 295 295 295 295 03 03 *67 63 *07 B8 •67 69 68 * *66 Canton C o ..........(Balt.). 100 57% 85% 56 55% 56 56 Consolidated Gas ” 100 57 56% *56% 56% 56 56 24 25% 2t*s 24% 217, 24% 24% 24% 24% 25 Kk-c.sior. Bat'y 15[Philo.). 100 24 25 25% 27% 23% 26% 25% 25% Preferred *: « ' jo o *25 . . . . . . *25 % 26% *00 Brie Telephone. f Boston) .100 *60 60 60 ti 60% 00% 0 0 % t;o 60% *60 61 2 1 % 21% 25% 26 General Eleetrie. •• 100 24% 25 20% 271* 25% 76% 25% 26% 58 52% *50 53 S3 53 5S 60 51 Preferred........ •• US' 50 51 54 19 LamsonStoreSer. “ 50 * 18 19 19 19 *18 *13% 19% 18% 13% ‘ 18 US 45 41 *44 45 Lehi'h CoatAN* v. (Philo.) 50 *44 44% ♦43 44% 43 44% 4*5 88 *88% 83% *37 N, K. Telephone (Boston). 100 S3 37% 97% •87% S3 83% *87 12 9 Pa. Ueat.l, APo w( Phila.). . .. 13% 13% 13% 13% 10% 12% 10 % n w 9% 10% 67% 66% 67 68% 03% 68% 03% 00% 03 % 00 DttiPdGastmp.r “ SO 67 .,_ WalSbach L i g h t '* 5 50 53 50 •50 53 53 53% 53 52% 5*2% 2 West End Land. .(Button)... 2 •lit •1% 2 •1% 2 *1% 2 *1% *1% 2 * Bid anil asked price-. »** wasi made. r Trust race ij.li, $2 paid Inactive Stocks, Bid Inactive stocks. Bid. Ask. Sales of the Week, Shares. 4,194 Range of gales In 1896. Lowest. 12% Jnn. Highest. 7 15 Jan. z 37% Jan. 9 43% Jnn. 15 63% Jan. 28 70 Jan. z 16 Jan. 7 17% Jan. 2 157a Jan. 7 17% Jan. 2 204 Jan. 7 207 Jan. 2ST 202% Jail. 20 203% Jan. 2 165% Jan. 24 170 Jan. 2 5,82 72 Jau, 16,150 6 1 Jan. 2,858 8% Jan. 1,11 < 25% Jan. 370 89 Jau. 1,316 34% Jan. 43 131 Jau. 2,823 91% Jan. 1,17 8Ts Jan. 150 45 Jan. 51 80 Jan. 67% Jan. 703 2% Jan, 20 10% Jan. 34 1'.75% Jan. 2,102 50% Jan. 11,071 1% Jau. 7,622 62 Jan. 94 3 Jan. 6,776 10 Jan. 23,836 417 249 12,145 5,155 123 77% Jan. 69% Jan. 12% Jan. 30 Jan. 91% Jan. 37% Jan. 136% Jan. 104% Jan. 9% Jan. 43 Jan. 84 Jan. 67% Jan. 3=8 Jan. 12% Jan, 178 'an. 52% Jan. Jan. Jan. 4 Jan. 11% Jnn. 97% Jau. 7 104% 95 Jan. 7 98 197 Jan, 2 199 65 Jan. 7 73% 10% Jam 21 13 295 Jan. 3 236 Jan. 13 Jan. 2 Jan. 4 Jau, 15 Jau. % Jan. 2 1.141 55% Jan. 20 58% Jan. 55 5.255 185 30 99 29 29,930 1,173 819 74 Jam 7 28 Jan. 25 Jan. 7 30 Jan. 59% Jau. 2 61 Jau. 22% Jau, 6 27% Jan. 50 Jan. H 58% Jau. 18 Jan. 7 19 Jan. 42 Jan. 10 15 Jan. 87% Jan. 23 89 Jan. 9 Jan. 7 11% Jan. 66% Jan. 20 81% .Tan. 46 Jan. 8 53% Jan. •2 Jan. 1% Jan. 7 Bonds. 2 14 2 2 2 15 3 14 1® z 4 16 3 3 16 16 24 24, 2 24 3 2 2 4 22 3 4 13 2 17 2 22 16 Bid Ask. People’s Tran, trust certs. 4»..1913 91% 92 : 52 I 54 Perkiomen, 1st »er,,5«.1913, Q—J 101%%..... 118% 116 105 106 PhUa-A Erie gen, M. 5g.,1920, AAO 117 ........ Gen. m o r t ,4 g .......... 1920, AAO 1 0 4 % ........ i 96 08 Phila A Read, new 4 g., 1958, JAJ C M e .B lu L A N or. I s t 5 , 1926, A A O j U12% 103 0% 77 1st prof. Income, 5 g, 1958, Fell 1 20 29% 24 m art, 6 * ....................1918, J AD 97 I 98 2<1 pref. Income, 5 g, 1958, Peb. 1 17 : D eb en tu re 8 « ................1896, J A D } 00 S 99 17% 14 3d pref. income, 5 g, 1958,i’eb. 1 Ohio. B u rl. A Q u in cy 4 b 1022. P A A 93 | ilfl 14% 2d, 5s...........................1933, AAO 118 120 I o w a D iv ision 4 s ........1 9 1 9 , A A O 95 ! 98 Consol, mort. 7s........ 1911, JA 0 126 126% Chic.AW*.Mich. gen. 5s, m i , JAD 64 i 66 Consol, o f Vermont, Ba.1918, JAJ 87 ' 87% Consol, mort, 6 g ........ 1911, JAD DeiawareABound Br. ** 100’ 103% 105 !: Current River, 1st, 3s..1927. AAO 70 f 75 InsproveinentiLO g., 1897, AAO io s" Flint * Per# Mari*.. . (Boston). 10 0 , 10 ■ 12 1Vet. Lans. A Nor n M. 7 s .1907, J AJ 70 I 72 Con. 51.,5 g.,»tiiiiipod, 1922, MAN 98 98% Preferred — .............. <* 10O! 30 35 : Eastern Terminal as, g ........ 1941, Q.—P. 1 0 5 % ........ morr o ; . u s n , n « ; . 6116% 118 HestenvIBe Passeog. (PKtla,). 50; 47 Phil. Wllm. A Bait., 4 s .1917, AAO 104 i— . . . 43 PreeJElk. AM.V.,1st, 6s. 1933, end. .127 129 Preferred 1;............... •• SO t o !*-„*,— it Unstamped, 1st, 6s, 1933........... 126 128 Pitt*. 0. A 8t. L , 7 a ....1900, PAA ........ 116 Mont. A Broad Top... •* 50 ; 31 ■ ; K.C,<:.A»prtn«„l*t,»g.,l5«23.AAO I 70 Rochester Railway, eon. 5s ..1930 ........ 104 70 Preferred.................. •* 50 50% ! 61%: K a F.8. A M. con.8s, 1928, MAN ; 92 8chuyi.lt. E.Side, 1st 5 g. 1935, JAD 108%!........ 95 Kan. C'y Ft.3. A Mem. tBoston) . 100 63 15 19 Union Terminal 1st 5 s .......P A A K.C.Mem. A Blr, Jst,2s,1927. MAS! 00 Preferred____ . . . . . *• 100 60 : to 120JAJ121 K. C. 8t. Jo. A 0. B.,7ft—1907, Little Schuylkill........ (PAHaj. 50 65 : L. Rock A Ft B.j 1st, 7s.. 1905, JAJ; 90 A t « S a Brf.!tlft? [? l9 0 7 .J A J 118 119 63 95 Mice Bill A 8. Haven ** so ; 68 ■Loui».,Ev.ABt.L.,l*t,6g. 1926.AAO 106 107% Baltimore Belt, 1st, 5s. 1990, MAN 07% 100 Nesquebimtox V s l... •* 50 55 Balt. C. Pass. 1st 5S....19U .M A N 115 j ...... 2m., 5—6 g................ 1036, AAO ■ 85 j 87 North American Co., ** 100 . 4%i 5 |Mar. B. A Old,, 6s.......1925, AAO: ,106 107 Balt. Traction, tut 58-1929, MAN 110% ....... Sort!: Pennsylvania. « so; 3g ; SO : Mexican Central,* * . . . 191 1 , JAJ 1 60% 67 Ex ten. A impt. 6s---- 1901, MAS 105 I........ Oregon Si,nr: L in e...(Boston). 100 No. Balt. Dtv., 5s.......1942, JAD 107% 108 1st eonaol.iaeoiues, 2 g, non-cam. 1 18% 19% «% Pennsylvania AN. W. (phila,/. M i 30 Baltimore A Ohio 4 g., 1935, A&O 102 |........ 2d oonftol. Incomes. 3s, non cum. 8 I 9 Fhliadel. A Erie........ •• 5 0 ' 20 Pitts. A conn,, 5 g .. .. 1925, FA A , V. A N.Eug,, 1st, 78,1905. JAJ* 117% 118 Bail a n d ................... (Boston) 100 Staten Island, 2d, 5 g.1926, JAJ 1 %1 3 h lufm ort- 6*..............19 0 5 , JAJ *U1% 112 Preferred........... . *• lo o 08 Bal.AOhlo 8. W.,lBt,4%g. 1990, JAJ ....... 71 i Ogden. AL.C.,ComBs— 1920.AAO S104 105 Southern..................... (Balt.).lo o s% 1 9%h ’ --.Oft............... ....................1920 4........ 10 OftpeF.A Yad.,8ar.A,,6g.l9Hi, JAD 71 ! 74% Preferred.................... ■» 100 27 27%, Series B „ 6 g............... 1916, JAD 50 i 52% ;u*7% it*j West E n d ..................(Boston), 50 65% 06 1! 2d. 5*.........................1898,PAA *100 101 40%: 12 Series C., 6 g--------- ..1916, JAi Preferred............ . •• 50 r9% 1 90 ! Cent, Ohio,4% g ............ 1930, MAt United Coe. of N. J.. (PAUa.).lOO 239 240%) a i l i a u s u , Cout. Pass., 1st 5s — .1932, MAN 111% 112% B'iWB, , w v , J A J . . . . . West Jersey........ . •• 50 15 City A Bub., 1st 5s........ 1922, JAD 109 110 A tla n tic City 1st 5 s, 1 0 1 9 .M A N , . . . . . West Jersey A AUan. *• So' ........ I Churl.Col.AAuir.oxt.5a. 1910, JAJ 100 ! B etvJders D e i,, 1 s t , i s . . 1 9 0 2 , J A D 1 1 0 Western N.Y. A Penn ** 100 CoL iO reen v., 1st 5-6*. 1917, JAJ 108 109 Bnifalo By. cou. 1st, 5s..........1031 1% Wisconsin Central. . . (Boston) . 100 80%. 82 3% fcataw iraa, St., 7ft........ .1 9 0 0 , P A A 11 2 % ........ Ga.Car. A Nor. 1st 5 g -1 9 2 9 , JAi P r e f e r r e d ___ " 100: ...... C h oc. O kla. A G n lf, p ( ior lien 6 s..| 106% ........ ’Georgia Pae., 1st 5-68— 1922, JAJ 110% 111% Worc‘»t-Nash.ARocii. « 100112118 CHD.,-n<* S t.H y .of ln d .,o o n .5 s .l9 3 3 85 j 00 North. Pont. 6s............... 1900, JA.J 108% 10S% MlSCBILAXWOBS. 113 US C olora b .B t. R y „ 1st, con . 5 s .. 10 32 j! 6s............................... 1904, JA i 97 Allauer. MIbV, asstpd(Bottom). 25 •30 1*00 Cutotub. C ola m b . O. C f n s c i w i i , 1st,5-*.l933 ls t,5 ».1 0 3 3 ........ ;......... Bertas A,,5s..................1920, JAJ 112 113 Cr<,v«t,>*>-n, Atlantic Mining,....... 23 10 16% Consol. Tract, of N. J , lst,5a.l033 3 0 % ........ : « % « ...... i ................... 1925, AAC 109 110 Bay State Gas *,........ 50 10 10% XM1.&B,dB P k ,lst,7 a .l0 O 5,F *A 128 ........ Plfldm.A Ciun.,lfrt, 5 g.1911, FA A 104 Boston Land............. 10 4 4% EvitonAA.m. 1stM„5 s.1920,MAN' 109 ......... Pitts. A Connells. I»t7 s.l8 98 , JAJ 103% 101 Centennial Mining... 90% •15 : •25 Blmlr. A Wllm., 1st. 69.1010, JAJ.; 116 .......... Bonthorn, 1st 5s____ — 1904, JAJ Port Wayne Elect.f m 2 1H«atOBville M. A F „ con. 5A.1024 ........ !......... Virginia Mid., 1st 6 a ...1906, MAS i i r Prat kiln Mining...... 115 , 2d Barieft, 6ft............. 1011 MAS 12% Hunt. A Br'dTop,Con*5s.’95,AAO 100 :........ 11% French ju’ u’ hHoy 1,'ij. 1 3d Series, Os..............1916,MSB 112 1% Lehigh Nav.4% s..........1914, Q -J HO ......... % Illinois S teel________ £3 - 63%, 24 6s, gold..................1897, JAB 104%.......... I 4th Series, 3-4-58.... 1031, MAr MHusatee Mining,.., 11 11% General mnrt. 4 %s,g. 1924,Q—F, 104 106 I 5th 8arias, Ss,..........1926, MAs 102 104 Osceola Mining... . . . . ill 23 ! 23% Lehigh Vai.Ooa! let5 s,g . 1933,JAJ, ........ 100 Waat Vu a « P . l s t , 6 g . l 9 1 l , J A . 106 107 Puliir,an Palace Car. .... ..... 1___ 0 0 151 153 Lehigh Valley, 1st 6 s ...1838, JAI.» 100 !........ Wert's N.C. Ootusol. 6 g.l'J U , JAJ 110 110% PennryiVjUila steel.. (PAifa,). 100 ........ . 2d 7* Wllm. Col. A Aag., 6s.. 1910, JAJ 112 7 s ........................... 1910, MAS 134 ........ Preferred*:............... *< iqq MIS0EI.I.ANEO08. Oona-.t. 6 . . . ................ 1923, JAD .........125% Quincy Mining....... (Boston). 25 12 2 12 4 Baltimore Water 5 s.-1 0 1 6 , MAN 122 Newark Pansenger, oon. 5s...1930 103 ........ Tamarack Mitring.... *< 25 111 112 1916,MAN North Penn, 1st, 7S....1896, Ma s 10*2 103 ., j Ponding 5s............. Water Power........... •• iqo 104% 105 Exchange 3%s................. ..1930,JAJ 1 j 1% ! Geo. « , 7s...................1003, JAJ 121 .......... WMtVngii. Eh e. A M., <* 50 Virginia (State) 3s, new. 1932, JAJ ....... 78%3 0 : 31 PemuiytvanlageTi.6s,r..l910, Var 130 Pref., oomnlaHve. « ji> £•1% 53 % : Consol. 6s,e 00 j 60% ........... 1908,Tar 118 I Funded debt, 2-3s....1991, JAJ Otessapeas* Gas, 6 s . . „ . 1900, JAD ....... 106 1 Consol. 5», r . , . „ .......... 1919, Vat! 118 g.,1989, JAJ *72% 73 I Cotist, Tr. 4 % g ..........1913, JAU ..... Consol. Gas, 6s..........1 9 1 0 , J_AD 111 114% 5s ....19 3 9 , JAJ 103%: 1- 4 ‘ 23 ! 23 % Pa. A N. V. Canal,7»...lyOS,J.*jD! 122 1nl ° ' **•' non. 5s........... ............1039, A,AO ......... 110%' Eonlt*bi« 6 m > ■J70%! 79% -5 And aeerne.il inter : 144 *i Unlisted. lYtcts 0} January 21. 96 Atlanta & Charlotte 1Balt.).100 Boston A Providence tBo#fo»).100 264 266 Camden A Atlantic pi. iP M a .). 50 Catawtsea....................... •* 50 1 .......... •• 50 49 1st preferred ............. Centra! O lio ............... [Ball.). SO 50 I S3 Chicago A West MIcKtBWotti. 100 15 ! 17 Connecticut a Pass.. “ loo 110 142 Connecticut River__ “ 100' 240 213 Boston United Gas. 2d in. 5 s..1939 B u rt* Mo. River Exe npt 6s, JAJ Non-exempt 6s..........1919, JAJ Plain 4a.........................1910. JAJ 100 T1 20 STOCK. —- [V ol . LX1J, THU CHRONICLE. 178 E X C H A N G E P R IC E S ( C o n t i n i i e ( l ) - 4 C T / F f ; B O N D S J A N U A R Y i t A N D F O R Y E A R 1 8 9 6 . " |_ ..IClosing Range (sales) i » 1896. Kailboad B a il b o x u AM> M u>o*u B o n d *. and ^PH u^ Oioeing Range (sales) in 1896. Misoei. B onds. Infer1< Price Highest. Lowest. Period fan . 24. 60% Jan. 53% Jan. 51. K. A Tex.—2d, 4s, g ....l9 9 0 F A A 58% 97 Jan. 97 95 J an. Mo. Pao.—lst.oon., 6 K----1920 M A N 3d, 7s.............................. 1906 M A N 108 b. 108 Jan. 108 j an. Pao. of M o .— Ist,ex.,4 g.l9 3 8 F A A 100 b. 102 Jan. 102% Jan. 2d ext. 5 s ..................... 1938 j A J 102 Jan. 102 Jan, 8t.L. A Xr. Mt. 1st ext.,5s. 1897 F A A 102 2d, 7 .............................1897 m A N 101 b. 100. jan . 101 Jan. Cairo Ark. A Texas,7 £.1897 J A D 99 b. 101 Jan. l o l Jan. 978 Jan. Gen.R’y *la n d g r.,5 g .l9 3 1 A A O 79 b. 79 Jan. i t ' ? i PM|T.UvU- U t | g ’ .1924 a a 6 99%b.‘ 99 jail. 102 Jan. MobUe A Obio—New,6 g..l9 2 7 J A D 117 b. 117 Jan. 117 Jan. B n ^ ^ S r » M > d 1- ti| .L .1 9 3 7 M A N 98 b. 97^8 Jan. 100 *2 Jan. 65 %b. 62% Jan. 66 Jan. General mortgage, 4s---- 1938 M A S RS S j£ ^ A V O i-l« \ S A t fJ A 5 ;F A a ;' 99 a 97‘a Jan. 9914 Jan. Nash. Cb. A St L.- 1 st,78.1913 J A J 125 b. 127% Jan. 127% Jan. Jan. R ^ L V . a o u i e i i - l........... « l 5 » 1190»iJ 106 s 104 106 Jau. 108 Consol., 5 g .. . . . . ___— *^-928 A A O ■100%b. 100 Jan. 101 Jan. OuadABoutners. 9 1311 *•* 8J I04%b. Jau. 105 Jan. Nat’lStarob Mfg,—1st, 6a.1920 M A N 93 b. 92 Jan. 92 Jan. N.Y.Central—Debtext.4s.1905 M A N 100 b. 100% Jan, 101% Jan. N J 14-OUS..7s.l899 i^-J '110 a. 1st, ooupon,7s................ 1903 j A J 119 118 Jau. 120 J an. °rfc®**l 7s 0 2 IM A N1............... Deben., 5s, coup., 1884..1904 M A S 106 %b. 107 J an. 107% Jan. ConSOl../S.----. K..-1B87 _ 1 9iuqiit ! iv tU i 112% Jan. i l l's Jan. mortgage.5 J a. A J| 113 %b. N. Y. A Harlem, 7s, reg.1900 M A N R.W. A Ogd.,oonsol., 58.1922 A A O 116%b. 116% Jan. 118% Jan M - i o S t l0L J,au:. i 0! . West Shore, guar., 4 s ..-.2361 J A J 105 104 Jan. 105% Jan Am DookAlm p” ,5 s ....l9 2 i;j A J; 112 b. lll% J a n . 112 Jan. N. Y. Ohio. A St. L.—4 g ...l9 3 7 A A O 103% 102 Jan. 103% Jan. Oentrad Pacific.—Gold,6s. 1898: J A jl.M OM b 99% Jan. j100 %Jau. N. Y. Laok. A W.—1st, 68.1921 J A J 128 b. 129 Jan. 129 Jan. Obes. A Ohio.—Ser A. b 6-1808 A A o 115 b. Construction, 5s-----------1923 F A A 113 b. Mnrtgiitfft H if 19* I A ife OIlbMo. N.Y.L.E.AW.—lst.oon.,7g.l920 M A S 136 b. 135 Jan. 137 Jan. 104>8 Jau. 107% Jan. lstCmsol 5 g ........ 1939 M A N106%b. 2d oonsol., 6 g ................ 1969 J & D t 70% t66% Jan. t72 Jan. 74 81 Generali %s g...................1992 M A “ 68 % Jan. i 76 Jan. Long Dock, oonsol., 6s,g. 193.1 A A O 128 b. 9413 Jan. N. Y. N. H. A H.—Con. deb. otfs A A O 136 94 J 91% Jan. R. A A. Dlv..'fstOOn.,4g.l989| J A 135 Jan. 136' Jan. 80 83 Jan. 83 Jan. N. Y. Ont. A W.—Bef ,4s,g.1992 M A S “ 2 d oon.,4g.l989% A J 89 90 Jan. 88% Jan. on E l i x . L e x .A B I g 8 a n .- 5 g . 1 9 0 2 M A 8 1 0 0 98 Jan. 100 % Jan. 109 1 Consol., 1st, 5s, g ............1939 J A D 107 Jan. 109 Jan. 115% Jan. ;116 % Jau. N.Y.Sus.AW.—lstref.,5Bg.l937 J A J 99 Obio Burl. A Q.—C o n ., 7 s . 1 9 0 3 J A J 1 1 6 99 Jan. 100 Jan. 101 Jan. 100 Jan. ^Debenture,5s................. I g ^ M A Nj I00%a. Midland of N. J., 6s, g . 1910 A A 0 115 1 IIS 1!} Jan. Convertible 5s.. . . . . . --.-1903;M A 8 ; 103 b. 100 Jan. 103 Jan. Nor.’.AW.—100-year, 5a,g.1990 J A J ’ 56 1 115 Jan. 95 Jan. ; 95 Jan. No.Paoiflo—1st,coup., 6g,1921 J A J 114 1 113j4 Jan. 115 Jan. Deliver Division 4 a ...... 1922 F « A nr, 95 88 %b. 87 13 Jan. : 88% Jan. General, 2d, ooup., 6 g- 1933 A A O 100% 100 Jan. 102 Jan. M A 8 116 b. 116 Jan. 118% Jau. General, 3 d ,ooup., 6 g . . 1937 J A D 65 b. 64 Jan. 69 Jan. 110 b. 112 Jan. 114 Jan, Consol, mortgage, 5 g.,.1989 J A D 33 S l1^ Jan. 136 Jan. 123 Jan. 123 Jan. 123 b. Col. trust gold notes, 6s. 1898 M A N 80 76 *3 Jan. 80 Jan. 997a Jan. 101 Jan. General oonsol., 1st, 5s.. 1937|M A N 100 Cblo. A N. Pao., 1st, 5 g.1940 A A O t 37 13/ J an. 139 Jan. 108% Jan. 105% Jan. Cbleago A E rie .-lst,, 5 g.1982 M A N 108 Seat. L. 8. A E .,ls t, gn.6.1931 F A A 1 38 140 Jan. 141 Jan. 23% t20 Jan. 23% Jan. No Pacitlo A Mont.—6 g .. 1938 M A S t 28 Inoome, 5a.v .... . . . . . ---- 1982 Oot. 130 Jan. 126 A 91% Jan. 90 Jan. 91iaa. Oblo.G as!.. A a - l s t , » g - 193 { b. No. Pacific Ter. Co.—6 g.,.1938 J A J 100 100 Jan. 101*2 Jan. Obio. Mi 1. A 8 t. P. —Con. 7s. 190o A 126 b. 123 Jan. 120% J an. ObioAMiss.—Con.s.f .,78.1898 J A J 103*3 103*2 Jan. 103 Jan. J A 113 b. 1 st, Southwest Div., bs.. 1909 Ohio Southern—1st, 6 g ...l9 2 1 J A D 88 90 Jan. 87% Jan. 1st. 80 . Mlmi-Dlv ,bs. ..1910 J A 114 ‘3 112% Jan. 114% Jan. 29*4b. 25 Jan. General mortgage, 4 g... 1921 M A N 29 Jan. I l l Jan. l6t,Cb.APao.W.Div.,5s.l921 J A llo ^ b . 110 Jan. Oregon Imp r. Co.—1st, 6 g. 1910 J A D 92 a. J an. 90 91 Jan. 103% Jan. 105 Jau. 105 Obio. A Mo. RiV. Div..5s. 192b ( A Consol.. 5 g ..................... 1939 A A O L 31 36 Jan. 30 Jan. 107 b. 106% Jau. 108% Jan. Ore.R.ANav.Co.—Ist,6 Wise. A Minn., Div., 5 g. 1921 J A g.l9 0 9 J A J 107*2b. Jan. 105 Jan. 109 111 jl03 Jan, I l l Jan. Terminal. 5 g . . . . . . ------J-814 J Consol., 5 g ..................... 1925 J A D f 90 b. too Jan. too Jan. 94 a. 93 Jau. 94 Jau. Penn. Gen. M., 4 g., series A ..1989 J A 110 Co.—4% g., coupon. 1921 J A J a. 110% Jan. 108*4 Jan. MU. A N or.-lst,eon .,68.1913 J A U 115 b. Peo. Deo. A Evansv.—6 g . 1920 J A J 99 b. Chlo. A N. W Consol.,7s. 1915 Q -F 140i3b. Evansv. Division, 6 g ... 1920 M A S 100 b. Coupon, go.d. 7 a ........... 1902 J A U 118 a. 118% Jan. 118% Jan. 2 d mortgage, 5 g.............1926 M A N t 35 a. t28 Jan. +28 Jan. Sinking mud, 6 s.............1929 A A O 112 b. 112 Jan. 112 Jan. Phila. A Read.—Gen., 4 g. 1958 J A J 77 71 ^2 Jan. t77 Jan. 108 Jan. 108 Jan. Slnkinglund, 5a.............1929 A A O 108 lstpf.lne.,5 g.,lstinst.pd.’ 5 8 .......... t 29% 18 l4 Jan. t2 9 14 Jan. JI A N Sinking fond, ueben.,5s.l933 lOSisb. 108% Jan. 108% Jan. 2 dpf.ino., 5 g.,lstinst.pd.’5 8 .......... 17 534 Jan. 11?^ Jan. 25-year debenture, 5s.-.1909 M A N 104 b. 103 Jan. 106% Jan. 3 dpf.lno., 5 g.,lstinst.pd.’5 8 .......... t 14 3 ^ Jan. 114*4 Jan. F A A 100 b. 100 Jan. 100 J an. Pittsburg A Western—4 g.1917 Extension ,4s................. 1926 A 73 74 Jan. 75*2 Jan. Cblo.R.l.APao—6s.,ooup.1917 J A J 125 1 , Western—1st, 4 g.1939 A 75 70 Jan. 75^8 Jan. Extension and ool., 5s...1934 J A J 102 1 100 Jan. L02% Jan. R M A N 145 t50 Jan. 150 Jan. 30-year debenture, 5s.-.1921 MA 8 94 92 Jan. 94 Jan. S M A N 112 112 Jan. 115 Jan. S J A D 124% 124 Jan. L25 Jan. Ohio. 8 t. P. M. A O.—6s....1930 6 g„ Class 0 ..................... 1906 M A N 112 112 Jan. 112 Jan. Cleveland A Canton.—5s.. 1917 J A J 70 b. 79 Jan. 90 Jan. J A J 102 General mortgage, 6 g .. 1931 101*3 Jan. 101 ^2 Jan. J A U 0 . 0 . C. A I.—Consol., 7 g.1914 125 b. 119 Jan. 120 Jan. Cons. guar. 4s, g ............. 1990 A A O General oonsoL, 6 g .......1934 J A J 119 b. M A N t. L. So. West.—1st, 4s, g.1989 72 71 Jan. 70 Jan. s A A O Jan. 0. 0.0. A 8 t.L.—Peo.AK,48.1940 80 a. 79*3 Jan. 80 2d,4s,g.. in oom e....___1989 J A J 261sb. 24*4 Jan. 27 Jan. Inoome, 4s---------- . ------ 1990 April. 20 20 Jau. 20 Jan. t.P.M.AM.—Dak.Ex., 6 g. 1910 M A N 118 b. s F A A 9613b. 94% Jan. ! LOO Jan. 001. Coal A Don .—6 g.......1900 1st oouboL, 6 g .................1933 J A J 120 b. 117 Jan. 120 Jan. Col. A 9th Ave. go. 5s, g . . . 1993 M A S *lll% b. 111*3 Jan. L14 Jan. “ reduoed to 4% g.. J A J 102 b. 102 Jan. 102 Jan. Ool.H.VaLATol.—Oon.,5g.l931 M A 8 87 83 Jan. 88% Jan. Montana Extension, 4 g.1937 J A D 87ifia. 87 Jan. 88 Jan. General, 6 g ......... -— 1904 J A U * 88 a 80 Jan. 88 Jan. Lt.AA.F.—lst,4g.,gu.,'43 J A J 5 5 ^ , 51 *2 Jan. 56 Jan. 8 M A N 112 b, 110% Jan. 112 Jan. Denver A Bio Gr.—1st, 7 g. 1900 A A O 83 Jan. 88 Jan. 8 1st oonsol., 4 g................1936 J A J 88 M A N 92 94 Jan. 93 Jan. 8 J A J Dul. 80 . 8 b. A Atl.—5 g.. .1937 95 a 95 Jan. 95 Jan. J A J 94 94*4 Jan. 94*3 Jan. Ft. W. A Denv .City.—6 g .. 1921 J A U 64 Jan. 67*3 Jan. 8 Gal.H.A8 anAn.-M.AP.D.lsi,bg M A N 91 b 91% Jan. 93 Jan. 8lo. Pacific,Cal.—6 g — 1905-12 A A O 108 b. 108*2 Jan. 108*3 Jan. 1 st oonsol., gold, 5 g.......1937 A A O 90 b. 91*3 Jan. 92*3 Jan. A U 86% Gen. Eleotrio,deb. 5 s,g ... 1922 85 J an. 87 Jan. Hous. AT. Cent.,gen. 4e,g. 1921 A A O 69% 69 Jau. 69*3 Jan. fclo. Paolllo, N. M.—6 g ...... 1911 J A J 100 b. 101*2 Jan. 103^3 Jan. 8778 Jan. 91*2 Jan. Illinois Central.—4s,g— 1953 M A N 100 b 99 Jan. 100 Jan. fcSouthern—1st oons. g., 5s.1994 J A J 90 E. Tenn. reorg. lien 4-5s. 1938 M A 8 19^3 91*4 Jan. 91*2 Jan. WeBteruLtues, lst,48,g,1951 F A A 102 b 103 Jan. 103*4 Jan. E. T. Y. A G.—1st, 7 g ... 1900 i a j 107 b. 107 Jan. 107*2 Jan. Int. A GreatNor.—1st, 6 g. 1919 M A N 115 b 115 Jan. 116 Jan. M& N Oon.5 g ........................ 1956 105 107 Jan. Jan. M A S 105 2d 4-5s.............................1909 ' 70 t . 70 Jan. 72 Jan. Georgia Pao. 1st 5-6s, g.1922 J A J 111 IowaCentral.—1st, 5 g....l9 3 8 J A U 110 Jan. 114 Jan. 90 %t . 90% Jan, 92% Jan. Knoxv. A Obio 1st 6s, g.1925 J A J 113 114 Jan. J A J Jan. 114 KlngB Co. Elev.—1st, 5 g..l925 ‘ 68 t . 71 .Ian. 71 Jan. RiotuADanv. oon. 6s, g. 1915 J A J 117 Laofede Gas.—1st., 5 g — 1919 Q -F 115 Jan. 118 Jan. 95 93 Jau. 95 Jan. West.N o.Oar. 1 stoon.6s,gl914 J A J 111 J A J 113 Jan. Jan. 113 Lake Erie A West.—5 g— 1937 113 t . 113 Jan. 114 Jan. L.Sbore.—Con. op., let, 7a. 1900 J A J 112 89 Jan. 89 Jan. 112 Jan. 115 Jan. Conn-C. I. AKy.—Ten. D.,1st,6 g A A O 85 Birmingham Div., 6 g .. .1917 J A J J A U 87 Consol, coup., 2d, 7s...... 1903 89 Jan. 91 Jan 118 1 . 118 Jan. 119% Jan. Lex. Av. A Pav. F. gu. 5s,g.l993 M A S 111% 111 Jau. 11334 Jan. rexas APaolfio—1st, 5 g..2000 J A D 85 8538 Jan. 81 Jan. 2d, Inoome, 5 g .............. 200j March 19 13 Longlsland.- lstoon.,5g,1931 Q—J 118% 1118*3 Jan. 119 Jan. 20*4 Jan. 18 Jan. J A J 106 General mortgage, 4 g .. 1938 J A U 97 t . 97 Jan. 98 Jan. 105*3 Jan. 106 Jan. J A D 71 Louis, A Nasb.—Cons., 7 s.1898 A A 0 105%1 >. 105% Jan. 106 Jan. t71 Jan. +72 Jan. J A J 102 b. 102*8 Jan. 105*4 Jan. N.O.A Mobile, 1st, 6 g ..1930 J A J 118 If. 118 Jan. 118 J an. Ext. sinking fond, 8....... 1899 M A S “ 2d, 6 g..l9 3 0 J A J 101 Iu 97 J ai>. 97 Jan. 94 Jan. 92% 90 Jan. Collateral trust, 4%....... 1918 M A N ■ 40 b. General, 6 g .....................1930 J AD ; . 114 Jan. i n Jan. Gold 6s, 00b trust notes. 1894 F A A 96 b. 93% Jan. 97 Jan. Unified, 4 g .................. 1940 J A J 75 71*3 Jan. 77 Jan. Kan. Pao.-Den. Div., 6 g.1899 M A N 106 b. 106 Jan. 107 Jan. Louis. N. A. AUU.—lst.,6s.l910 J A J 112 '}. 11178 Jan. 112*8 Jan. 1st oonsol., 6 g ..............1919 M A N t 71 Consol., 6 g ........ — ........1916A A O 100 i. 100 Jau. 100*2 Jan. 170 Jan. 174 Jan. 1 Oregon Short Lino—6 g.,1922 F A A 105 Louls.8t.L. A Texas.—6g.l917|F A A 55 t. 55 Jam 57 Jan. u o o Jan. 106 Jan.} Or.8.L.ATJt’hN.-Oon.5g.l919 A A O 1 54 b. 151 Jan. +57% Jan. Manbattan oonsol. 4s........1990 A A O i. 97*8 Jam 98*3 Jan. U.P.Den.AGolf,oon., 5g.l939 J A D 35 a 31*3 Jan. Metro. Elevated.—1st, 6g.l908 J A J 3534 Jan. i. 116% Jau. 118 Jan. 2d, 6s................ 1899 M A N 106 J. 106 .1an. 106*3 Jan. U. S. Cord.—1st 00L, 6 g.,1924 J A J + 29 b 130 Jan. +32 Jan. Micb.Cent.—1st,oons.,7s.1902 M A N 118 117*2 Jan. 119 Jan. Virginia Mid.—Gen.M., 5S.1936 M A N 96 b 97 Jan. 99 Jan. Wabash—1st, 5 g ................1939 M A N 104 Consol., 5b. . . . ....... ......1 9 0 2 M A N 104 a..................... 102*3 Jan. 104 Jan. 2d mortgage, 5 g ..............1939 F A A 75 MU.Labe8h.AW—lst.6g.1921 M A N 128 t).|l29*2 Jan. 130*2 Jan. 69 Jan. 75 Jan. Ex ten. A Imp., 5 g..........1929 F A A 1138 i. 113 Jau. 113 Jan. West. N. Y. APa.—1st, 5 g.1937 J A J 10a b 105*3 Jan. 107*2 Jan. Gen. 2-3-4s, gold............ 1943 A A O 45 b 44 Jan. Minn.doit-L.—1st con.5s,g.l934 M A N 96 >., 96*3 Jan. 99 Jan. 4534 Jan. M 0 .K .A E —Ist5e,g.,gu .l942 A A 0 88 | 86 Jan. 90 Jan. West. Un. Tel.—Ool tr. 5S.1938 J A J ;105*2 Jan. 106*3 Jan. M.K. A Texas.—1st,4s,g. 1990 J A D 83 1 80 Jan. 84% Jan. Wlso. Gent. Co.—1st, 5 g.,1937 J A J t 39% *+37*2 Jan. +41 Jan 1 ^ N otb.—“ b” indioatee prioe bid; “ a ” prloe ashed; tbe range ia made up from actual aalea only. * Latest prioe tills week, t Trust receipts. Arner. Oottou OlUdob.,8g.l960 Ij F 110 b. 68 Ann A lb o r .-l» \ * » J 5 ---- MW31 Q -J 4 «“ *TfkV.vr 4K.1989!J "A J ( 7950 A 3-4»l'c i "A " 1st lust*l.pd.'89;A A 0 * 29 Now gen. 4a. when issued............... j 76Hi Adjustment As, when UsuSd. J AS ColMidland-Oon6.. A,t.l940 i A A t 21% 110 .1an. 06 Jim. (69 ‘a Jau. 119:»i Jan. 72% Jau. 42% Jan. (20 Jan. 110% Jau. I 70 Jan. 174 Jau. (23 >a Jan. 76 Jan. 45 Jan. (22 Jan. NEW Y O R K STOCK E X C H A N G E P R I C E S ^ C o n t l n u e d J .- m A C T /V 't f BO NDS— J A N U A R Y 2 4 . SECURITIES. Railroad Bonds. ' ( tioch Kzchangt Prices./ Alsbsms Mid.—1st, g., guar.1928 A .T . A 8. F —3d, As,Class B.1989 CJbiosgo A St-Lou.—1st, 6s. 1915 Ool. Mid. 1st, go 6s..............1936 Atl. * Pm - M W . D„ gu. 6s. 1907 Western Division inoome...1910 Bslt. A Ohio—1st. 6a,Park B.1919 Bid. Ask. SECURITIES, Balt. A Ohio-,5s, told........... 1925 Oons. mort., gold. 5s.......... 1988 W. Va. A Fitts.—1st, g., 5s..1990 B. A 0 .8 . W.,1st, g „ 4%a...l990 Monon.River, 1stg.,g. 5 s ...1919 Oent’lOhio Reor.—1st, 4%s.l930 Ak. A Cb. Juno.—Ist,g,5s,gu.l930 Brooklyn Elevated—2d, 5 s... 1915 2% Seaside AB.B.—lst,g.5s,gu.l942 119 BrnnBw ok A W’n—1st, g. 4s, 1938 Bid. A.sk. 95 96 75 SECURITIES. Bntt. Rooh. A Pitta.—Gen.. 58.1937 Rooh. v. P .,ls t, 6s...............1921 Roeb. A Pitts.—Cons. 1st, 68.1922 Butt. A Susqneb.—1st, 5s, g,.1913 Burl Ced. Rap. A No.—1st, 58.1906 Consol. Aoollat. trust,5s...1934 ....... Minn* A 8t. L.—1st, 7s, gu.,1927 71 Iowa C. A West.—1st, 7s__ 1909 82 Ced. Rap. I. F. A N., 1st, 6s.l920 1st. 5s ..................... 1921 ....... Bid. 95 115 *95 105 *99 104 103 *90 Ask 100 125 118 105 THE CHRONH’LE JANUARY 25, 1896.J 179 NEW 10B K STOCK EXCHANGE PUICES.—AVACriFS BO N D S—f C on tin u ed )— J A N U A R Y 24. SECURITIES, Bid. Aik. Bid. SECURITIES. Ask. "SECURITIES. 93 . F.A.P.M.—1st, con. gold, 58..1939 Norfolk A SouQi’ n—1st, 5s,g.l941 O. OWOt-C o). * Cta.M.lst,4%s.l 930 Ft. Huron D ir.—1st, o s __ 1939 NorfolkA W est—General, 68.1931 Cent. KB. A Bank. -C ol. g.5e.l937 Fla. Cen A Pen,—1st g. 5s__ 1918 New River 1st 6 s.................1932 Cent, of N. J.—t'oBT, deb., 6s.1908 ,i| 1st con. g „ 58........................ 1943 80 Imp. & Ext,, 6s..................... 1934 Cent Pacific—Sold bonds, 6s .1896 100 AdjustmentM,, 7 a ............... 1924 . : Ft. Worth A K. G.—1st g., 5s..1928 55 Sold bonds, 6 s ..................... 1897 100 . Gal. Har. A Ban Ant.—lat, 63.1910 Equipment, 5s.......................1908 Ban Joaquin Br., 6 a............. 1900 100 Clinch Val. 1st 5s.................1957 . : 2d mort.. 78............................1905 100 Mort. gold 5s.........................1939 *78 Md. A Wash. Div.—I8t,g.5s.l941 .; Ga. Car. ANor.—lat, gu. 5a. g.1929 Land grant, 5s, g............. ...1900 RoanokeASo.—Ist.gu. as. g.1922 *i Grand Kap. AInd.~Gen, 5 s ..1924 Cal, A O. Dir., ext., g. 5 s ...1918] 100 Soioio Val. A X. E.—1st,4s,.1990 ,,|G. B. W. A 8t.P .—1st, con. Ss.1911 West. Faeltte—Bonds, 6s— 1899] 100 Ohio A Miss—Consol. 7s........ 1898 2d Inc. 4s............................... 1906 Its No. Railway (Cal.)—1st, 6s.1907] 2d consol. 7 s ........................ 1911 . Hougatonlo—Cona. gold 5s__ 1937 121 50-year os.......................... 1938 91 Bpring.Div,—l e t 's .............. 1905 105 j) N.Haven AD erbjhCons.5a..l918 112 Ohea. A O .-P ur, M, fund, 6S.1898 93 l Hons. AT. C.—Waco A X. 7s..1903 125 General 5s.......................... ..1932 Oralg Valley—1st, g., 5 s ....1940 Ohio River RR.—1st, 5s..........1936 ....... 1st e „ 5s tint, etdi................. 1937 103 Warm 8 »r. YaL, 1st, g. 5 s..1941 Gen. g .,o s ..............................1937 .......; Cona. g. 69 lint, gtdl............. 1912 Ones. O, A Bo. West.—1st Os. <.1911 Omaha A 8t. Louis.—1st, 4a.. 1937 ....... Debent. 63 . prim A in:, gtd.1897 Sd, 6a..................................... 1911 90 Oh. V. -Qea.oon,lst,gn,g,5s. 1938 ....... Debent. 4s, prim A Int. gtd. 1897 80 Oregon A Califor.—1st, os, s.1927 ........tUinois Central—lat, 4a ...1951 Oreg. RyANav.—Col.tr. g..5a.l919 Chicago A Alton—.8 . F., 6 s .. ..1903 •116 ---- ! 1st. gold, 3% s.........................1951 99% 99% Penn -P.C.C.ASt.L.Cn.g.4%8A1940 Louis. & Mo. River—1st, 78.1900 • n o ---- i! Gold 4 .«............. 1952 100 104% Do do Series B ........ 2d, 7a.................................. 1900 P.C.A8.L.-lst,0.,7s............... 1900 St. L. Jacks. A Ohio.—2d, 7b.1898 ’ 102 . . . . . Cairo Bridge—u . . . . .............1950 Mlse-R. Bridge—1st,s. f., 8S.1912 ’ 1054 .......; Springf. Div,—Coop., 6 s....1898 _____ ___ Pitts. Ft. W. A C —1st, 7a... 1912 MidtUe Div.—Reg., 5s............1921 .... ........ 2d, 7 s ................................. 1912 Ohio. Burl. A Nor,—1st, 5s— 1926 103 % ...... 3<1 7 8 ...... 1912 ....... C. 8 t. L. AX . O .-t e n .L ,78.1897. ........ ........ Debenture 6s............... .1896 ...... ii 1st. oonsol.,78.................... 1897 .........1 ----0h.8t.L.AP.—l8t",con.5s,g...l932 Ohio. Burling. A Q.—5s, 8. f.,1901 ioo Chev. A P.—Cons., s. fd., 7a-1900 ...... Gold, 5e, coupon...............1951-111 121 Iowa Div.LSink. fond, 5 s..1919 •100 Gen. 4*98, g., "A ............ 1942 ...... Merap, Div., ls tg . 4s...... 19511 .................. Sinking fond, 4s........... 1919 98 St. L.V.AT, H .-la t,6 s ., 76.1897 ........ Oed. Falls A Minn.—1st, 78.. 1907 ................. Plain, 48.................................1921 2d, 7s...................................1898 Chicago A Iowa Dir.—5 s ... 1905 ........ 1107% Ind. D. A 8pr.—1st 7s, ex. ep.1906 120 124 2d, ganr., 7b....................... 1898 ........ Ind. Ills. A Iowa.—1st, g, 4s..1939 83 Chic, A Indiana Coal—1st 58.1936 1st, ext., g. 5s........... . ......... 1943 ....... . Gd.R.At.Kxt.—lat,4%S,G.g.l94L Chi. Mil. A 6 t. F.-lst,8a,P.D.1898 109 111 Peo.AE.-Ind.B.&W.-let,pf.7i.l900 I d , 7 3-108, B. D ..................... 1898 •124 ........ Int. A G. N't!.—3d, 4s, g ........1921' ....... . Ohio Ind.AW.—lstpref. 5s..1938 lit , 78, $ g., B. D .................. 1902 -123 128 Kings Co.-F,EL,lat,5,it. ,gu. A.19291 *64 I 70 Peoria A Pek. Union—1st, 6b .1921 lit , X. A SL.78..................... 1S97 120 ; ........ Lake Erie A We.st.-2d e', 5s.1841 101 2d ruortg., 4%a......................1921 1 «,X . A D „7 8 ..................... 1899 120 I........ L. 8 . A M.Sint.—S.AK. —Xew7e.'93 MO/. 103 ........................................... Del. M. A T .- la t ,7 » ...............1906! ....... . ........ Pitta, ••hiv<> A Tol.—l*t, Os... 1922 lit A M.,7*.................. ,.1903 123%;126% .at, I. A D .Extension. 7 s... 1908 120 il2S Lake Shore—Div. bonds,7s. 1899 109 ........ Pitta. A L. Er.—2d g. 5s, " A ” . 1928 1St, La C, A D av.,5*.......... 1919,105 ....... ■ K jU .A lLA G .B --U tgu.5a.1938] 109 ------ ]Pltt«. Me. K. A Y.—lat 6s___ 1932 1st, H .A D .,7 s................... 1910!-......... 124 Mahoii'g Coal RIL—1st. 58.1934 109 i........ Pitta. Painsv. A F.—1st, 5 s ...1916 1st. H. A D ., 53................... 1910 *102 ........ Lehigh V..N.Y.—1st gu.g.4%8,1040 102 ........ Pitt*.Shea. A L.E.—lst,g.,5a. 1940 Chicago A PaciltO Div., 6«.. 1910 113 ......... Lehigh V.T.srm.~l»t gu. 5«,g,i941 '1 1 1 % ........ 1st consul. 5s..... ...................1943 Mineral Point Div. 5 s .........1910 U05 . ..... Lehlffi V y C o a l-ls t 5a,gu.g.l9S3 ........ .......... Pitts. A We*t.-M. 5s. g.1891-1941 0. A L, Sup. Div., 5s........... 1921 105% Pitts.Y’gst’nAA.—1st, 58,000.1927 lJtcht. Car.A West—let 6s. g.1916 Fargo ASouth., 6s, AsMt.,.1921 '112 P.io Grande 80 .—1st, g., 5 s ...1940 iLittle Bock A M. -l* t. 3s, g ..1937 8 t- J ob. A Gr I« .-2 d luo........ 1925 Ino. oonv. sink, fund, 5«— 1916 ...... Long Island—US, 7 s ,. ...,1898 Dakota A Gt, South., 5s__ 1916 105 Kan. C. A Omaha—lat, 5S..1927 1 Ferry, 1st. g., 4% ■............... 1922 95 MILA Nor. m ainline-®*-,. 1910 *112 Bt. 1.. A. A T. H.-Tertn. 5s.. 1914 ■ Gold 4a .................................. 1932 O h lo -A N o r « 30-year deb.5*.> 921 106% BelleV. A 80 . OL—1st, 8a ... 1896 S. Y. A K’ way B .-ls t .g . Sa.1927 ■MMUbba A L 8. 1st, 6a....1901 ....... Bellev. A Car —1st, 6 s.........1923 2d mortg,, m e ...................1927 ♦37 — OesM. A M ln n .-l»t,7 *....1 9 0 7 ...... H. Y.AMan. fecaeb .—1st, 7b, 1897 Chi.8t.L.&PatL-l«.K<ls.5s 1917 Iowa Midland—l*s, 8B......1900 •1U 8 t. Lorn* 80 .—1st, git. g. 4a.l931 121 N.Y.B.A.M.B— lat con. 5a.g. 1935 Peninsula—1st, conv.. 7*.. .1898 . — Brooki’n AMontauk—1Bt.Ss. 19 11 . .. do 2d tncotuo ,5a. 1981 Ohio. A Milwaukee—L«t, 7 b. 1898 104 D t. 5 s ......................................... 1911] .......... Car. A Shawl.- ! at g. 4a___1932 Win. A St. P.—2d, 7s........... 1907 ____ So. Shore Br.—Is? '.o:j..v,,clu32 ........ a t L. A 8 . F.—2d 6 s,g., ol. A .1906 MB. A Mad.—1st. 6 a ..........1905 ........ ........ ^lgi«i».Lv»ns ASt.I..-Con.5B.l;(39 General 5b..............................1931 .......’ Ott. a F. A St. F .- D t , 5b. 1909 105 . . . . . , Looi».AX a 4h.-C«riL Br. 7a . 1907] 106 ; 1st, trust gold 5s............... 1987 northern H i.-la t, 5s......... 1910 105 ........ K. II. A X a s h .-l-: 6s, g---- 1919: 112 Kau. City A 9 1st, 6 s, g . . . 1016 Mil. L.8.AW.—Con.deb.,6*. 1907; ....... PensacotaDivision,6».....................1920) .! Ft. 8 . A V. B. Bg. -1st, 6a...1910 Mich. Dir., 1st. 6*..............1924 Bt. Louis Division, 1st, 6 s.. .1921] ........ Kansan M idlana-lot, 4a, g.1937 Ashland Division—1st. 6s 1925 2d,8 ».............................................. 19801 : S t Paul City Uy, oon. 5s, g.,.1937 Ch.R, LA P—D. M.A F. 0.1 it 4a. 1905 Xaahv. A Docetur—l8t,7*..19tK» 108 Gold 5s, g u a r....................... 1937 1st, 2%a..............................1905 65 8 . f., 6 * .- « . A X. Ala.............1910 Bt Paul A Duluth—1st,5s— .1931 Extension, 4s....................1905 10-40, gold, 6s......................1924 2d mortgage 5s..................... 1917 Keokuk A Dee M .-ls t, 5 ».. 1923 '100 107%, 50-year 6 », g..........................1937 •98 S t Paul Mmn A M .-ls t, 7a..1909 Ohlo.SE. P. A Minn— U t.fis... 1918 . . . . Pen*. A A t.- 1st, 6 s, gold. ..1921 2 d m ort. Os............................ 1909 95 100 St- Patti A 8. OL—lit , 8a.......1919 125 Mianoap. Union—let, 6 s___1922 128 CollaL tram, 5*. g ...............1931 (M o. A W. Ind.—let, «. {,, 6s. 1919 M ont Celt—1st, guisr., 6S..1937 U A X A Mob. A Mont.— General mortgage. 6a.........1932 116 1st guar. g. 5*....................1937 1st, g., *%*.........................1945 OSm Ham. A D.—Con. a. f„7».1905 115 X**h.PIor.AS.-Dt, gu.. 38.1937 East. Minn., 1st div. 1st 5*.1909 Sd, gold, 4%*.........................1237 U>5% Kentucky Central—4s, g ..1987 *87 . . . . . . Wllmar Afllou x P.—1st, g,5*.193 8 Cln. D. AIr'n—1ut, gu, 5s, g. 1941 f f ik 108. ]]Ssia.AJeff, ' Bd go Co.—GiLg.48.1945 ................... Ban Fran. AN. P .-ls t , g.,5<-.1919 Clev. Ak. A Col.-Kq. A 2d 6*. 1930 ---- - ;:LoiLS.Aib.AC'h.—Gen.m.g.58.1940 •6 6 % ........ Bonthorn—Ala. Cent., 1st 6 a. 1918 C.C.C. A at. L , Cairo div.—4s. 1939 ____ _. Aii. A Char.—1st, pref., 7s..1897 ;Memphis A Chari.—6», gold .,1924 St.Lon.Div.—I stool. t»*t4e,g. 1990 . . . . . . 92% Income, 6 s ......................... 1900 letcon . Tens lies. 7e.......... 191 s Bpring.AC5ul.Dlv.—1st,*. 4a. 1940 ........ I 93 Goluifl. A Green.—1st, 5-6s.l916 Mexican Cent. OonsoL—la .g .ls m WMteW.VaLDt v .-l* L g . 4s. m o I»t, con*. Income 3«, g........ 1939 E. Conn. V. A Qat—Dlvls.fis 1930 On. Wab,AM. D lv .-U t.it.La. 19 9 1 Bleb.A Dan.—Eq. s. f. g. 38.1909 Mex. International—1st, ls.g.1942 93 Cln. I. 8t. L. A C,-lst,g.,4*.1936 95% 99 l>td'-u. 5s, stom ped........ 1927 Mexican National—1st, g., 6*.1927 Consol ,6 a................. 192U V ita Mid.—Serial scr.A, 6 s. 1906 2d, i uootue, «», <,A ".............1917 Oin.flan,AC!l.—Con,l»l,g.as, 1928 ibo~ Series it. tis..................... ..1911 2d, income, 6*. “ I f . .......1 9 1 7 C. Col. Cln. A lad,—lat, 7s,a.f.l899 106 109 Series C, 6 » ......................... 1916 Consol. sink, fund, 7s.........1914 rent'* D, 4.-5s .................... 1921 Coupon, 6*....... 1931 •114 (Jtn.ASpr.—iat,C.C.C.& 1.7b. 1001 ' ........ 114 Mortgage 4 »..........................1: Series F, 5s......................... 1931 102 OlBVe, Lorain A Wh. —1st, 6 s.1933 106 407% Bat.GAgtTgis.-lst,39,g.gu.1! . .1 W.1» h.O. A\V.—1st oitr-Ku, ts.1924 Were A Mah. V.—Gp<<L5 * ...19315 •112 118 Minn. A Ht. L —1st. «. 7 s........1927 142 ; Ter. tu t As’a of 8 t L.— Del. Lack. A W,—Mort, 7 » . „ . l 907 Iowa Extension, 1st, 7a...... 1909 124 |j 1st, 4%*.................................1939 eyra. Bing. A N, V,—lst.7a.l906 127%|( Bonthwe •Ext —l* t,7 « ....... 1910 125 |; 1st. con. g. 5 s ............. 1894-1944 51cirri# A Essex—let, 142 !i It Pa. Uii Lx, I d, « * ............1921 . . . . . :! BtUM«r.Br.Te™ .,g.5s,ga..l930 Bond*, 7#.......... 1900 Mo.K.ATex.—lit. ext.. 5s. <.1944 •86 ........ 1JTexas A New Orleans—1st,7S.1905 116 7a of 1871..........................1901 Sabine Divlalon, 1st, 6 » .........1912 ] Mo.K.AT.or lex. l»t,gii.5«.g. 1842 *75 1st* non., ga*r., 7b........... 1915 141 1943 Kansas City A P»,l#f.,4«,g„1990 60 70 1 Consol. 5s, g ................. Warren - 2d . 7 a ................... 1900 <> Dal. A IVaco—1st. 5s, gu__ 1940 80 [iTBx. A Pac., B, D.—1st, g, Os. 1905 D*A£LCa»o.—ra-Dtv.,eoup.7*. 1917 (Missouri Pantile -—Trust 5 s ...1917 87 '■Third AVOUUB<N.Y).—1 st5s, 1937 Albany A Suaq —1st. gu.,7x1906 , T.A<).C.-Kan.A M., M ort 48.1900 1] lat coll., 5*, g ...... ................ 1920 70 Let, con*., guar., 6s........ .1906 117% T0 I.P.AW’ .—1st Is.ine.rd.cim.July i! at L.A1.51.-A rk .B r„lst,78.1395 100 105 Rett*. A Bar. 1st, coup,, 7s. 1921 Ulster A Del.—1st,con.,6 .,5s. 1923 tMobile A Ohio—1st ext-, <>...1927 Dear. Tramway—Con-. 6s, k.1910 i Bt, L. A Cairo —»*, guar...... 1931 I■Union Pactflo—1st, 6 « ............. 1896 SO Metropoi. By.—Ist.gn. g.6 * ,la ll )Morgan's La. A T.—1st, 6a.. ..1920 !j lat, 6 a.....................................1897 D. 'bv. A R. G.—Inip..g„ 5 s ...1828 85 '1 1st, 6 s ................... 1899 i t,7s.................................. ..11118 Det.M. tt u. 3 *»«,ser,A. 1911 *18 19 iIXash. Chat. A 8t. L - -2d, 6S..1901 ; Collateral Trust, 6s ..............1908 B et A Mack.—1st lien, 4a,g .. 1999 X, u. *. K ,-P r .).. 6s.. 1915 ■ Colin tend Trust, 5s............. 1907 4a, gold........ ............. .......... 1 H Kansas Paolflo—1st 6 s, g.,.1895 "m UN. Y. Central.—Deb. g. 4a— 1905 100 Dim es A Iron Reage—1st 5s. 1937 102 ft. J. Juno—Guar. 1st, 4a...1986 let, 6 o, g ...........................18 9 6 1 0 4 %:; Erie—lit,eon. g, 48, prior bda.1996 91 IOO Beech Creek—1st, gold, -In..1936 104 p. Br. U V - F . 0., 7a..........1895 1st, extended, 7a . . . . . . ___ .1897 104% 106 Atoh. Col. A Pats.—1st, 60 ...1905 Osw. A Rome—2d, 6s, g.,ga,1915 2d, extended, 5s................... 1919 113% title* A Bl. Riv.—is, <•, <».1922 Atoll. J. Co. A W ,—1st, 6s...1905 106 33, extended, 4%a....... 1923 106 X. Y. A Put.—1st, g., 4s.gn.1893 100 U.P. Lin. A OoL—lst,g.,5e. 1919 4th, extended, os........ ......... 1920 112% ........ !N. . Y. if. IS. A H.—1st, r -g . 48.1903 Oreg.8.L.AU.N.,col.trBt,,5s.l919 5th, extended, 4s,................. 1939 101% 102 X. Y. A Northern—1st, g, 5s.. 1927 1 1 4 % ........ Utah A North.—lat, 7e........ 1908 l8Vcoj1., g., rd 7# .............. 1920 Gold, 5 s . .. . ........................ 1926 ........hN, Y, Busq. A West..—2d] 4%s.l937 B. X. Y. A £ .—1st. 7*...........1916 125 ■ ........ Utah Southern—Gen., 7a -19 0 9 Gen. mort., 5*, g ................ . 1940 76 79% 1. Y.L.K.AW.—Fnd.oon. 58.1909........ ' Wtlk.AEa«i.-l«t,gt.i.,g.53.1942 Extern, 1st, 7s...............1 9 0 9 90 ] Col. trust., 6s.......................1922 ior»" Northern Pae-iflc— Valley K’Y Oo. of O.—Con. 6a.1921 Stiff. A 8. W,—Mortg. ( > ....160S 102 % Wabash—Debenture, 8er. A ..1939 Divid’ d aorlp ext........ ................. 50 | gU. g, 59 ....1909 100 James River Vai.—1st, «s...l9 3 e Debenture, Series B........ . 1939 Spokane A Pal.—1st, (js......1936 Det. A Ohio. Ext. 1st, 5s, g.,1940 79" Book A IrispL, 1st 6». c.uPcy.1913 l b " 8 1.Pant AN . P .-G e n „ 6s..1923 122 Bt L.K.C.AN.—St.atidge69.190S Evans, A T. k . - n t , eons.,69.1921 West N.Y.A pa.,gen.g. 2-3-4* ,1943 108% HelenaARedM’n—lat,g.,6».1937 l e t ,general, g „ fig................1912 Income 5s..............................1948 Dtflath&Manitoba—l8t,g.68l93fl *70 Ms. Vernon lat 6 * ............. .1923 Dul.AMa.ii Dak-Div.—lfsWs. 1937 *70 West. Va. C. A Pitts.—1st, 68.1911 Bui Co. Br. 1st. g „ 5b, ......... 1930 Wheel.AL.E.—1st. 5s, gold... 1926 Ckenr d’Alene—l«t, 6s, gaid.1916 Evans. A Indian.—just, eons. .1926 Gsn, lat.g., 6«...................1938 Extension A Imp, g., 5s----- 1930 100 Flint A P, Marq.—Mort., Se. ..1920 Wls, Cent, income 5»..............1937 Pen t. Was hington—1st,g.,6n. 1938 Bid. Ask. 105 110 110 50 60 55 66 ■?3 86% 104 102 50 82 107 •106 114 117 ‘ 105 101 103 no 00 107% 107 69% ........ ........ 95 70 "is" 103% 104 *86 112 90 101 115 95 103 100% i'03% 116 104 101 110 *93 98 . ....... No priee Friday; tk#s« are die latest quotation* male this waefc Bor 92 115% 119 80 74% 77% 98 101 101 102 95 70 104% 103 31 45 40 *90 22 105 45 15 23% 100 48** i'o'6% *6 BliseeUaneoas a -d U n listed H on d o.—See 3d page preceding [Vou THE CHRONICLE, 180 Hoads. In v e s tm e n t AND g a ilr o a d In t e llig e n c e , RAILROAD EARNINGS. The following table shows the gross earnings of United Suites railroads (and also a few Mexican and Canadian roads) for the latest period reported. The statement includes every feTKAii road from which regular weekly or monthly Utu™f can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two columns the earnings for the calendar year from January l to and including such latest week or month. 7 7 i< retu rn s o f the street railw ays are n ot included in this » J t si .At. n sytil'kSsortllP'nT. TinCtP.. Latest Gross Earnings. BOAD9. Week or Mo 1895-6. 1894-5. Jan. 1 to Latest Date. 1895-6. 1894-5. $ 155,492 180,161 12,902 15.117 Adirondack.......November. 53,558 52,4 92 28.310 27,211 Aia.Gt.Soutn... 2d wk Jan. 511,885 506,518 52,433 57,831 Ala. Midland... November. 1,990,574 2,355.637 Alle-gneny Val.. November. 234,260 199.181 59,814 54.636 21,585 18,405 Ann Arbor........3d wk Jan. 8^,890 97,850 16.707 13.814 A t k . Midland... November. 28,609.934 29,000,36" 788.100 709,083 Aten. T. & S. Ke 4th wk Dec 6,091,861 8t. L. A San F 4th wk Dec 14 8.704 160,947 6,005,147 3,187.789 86.831 3,724.023 92,329 Atlantic A Pac IthwkDee Agg. total.. IthwkDee 1,029,133 956,861 3S/729.53 •37,889,584 443,109 448,492 48.161 65,849 Auanta A W. P. November. 18,494 20,238 8,096 10,430 Atlan. A Dauv.. 2d wk Jan. 230,741 222,559 20.300 22,498 Austin A N’ wesl November. 47,397 44.153 Balt.Che8.AAtl. October... B. AO.East Lines December. 1,527,713 1,440,596 17,781,634 16,998,672 Western Linas December. 509,543 434,280 5,665,085 4,763,235 2,037.250 1,874,876 23,446,719 21,761,907 Total.......December. 218,792 •,38,879 ■al.AO.Sou’w .. 2d wk Jan. 116.729 114,658 337,785 677,160 56,749 44,516 BangorAAroost. November. 31,316 32,*/80 4,125 5,476 Bath A Harn’ nd?- November. 21.124 23,178 1.514 2,220 Blr. A Atlantic.. December. 66,504 69,101 34,902 36.388 Brooklyn Elev.. 2d wk Jan. 487 032 482,747 52,770 48,413 Brunsw'kAWest November. 107,624 107,578 53.789 59,455 Buft.Rooh.&Pitt 2d wk Jan. 46,532 30,674 Buffalo AS U8(i-. October. .. 124,793 167,601 64,803 93,080 Bur.C.Rap.A N. 2d wk Jan. 855,115 919,129 43,622 50,070 Camden AAU .. November. 5 4,000 706,000 CanadlanPaclth 2d wk Jan. 34 9,001 272,000 53,371 46,327 4,746 4.890 Car.Midland— November. Cent, of Georgia Not ember. 524,710 541,898 Central of N.J.. November. 1,279,084 1,051,590 12,045,474 11,208,532 Central Pacific.. |October. .. 1,335,228 1,338,027 10,874,976 10,956,713 564,356 477,425 47,587 37.567 Ohariest’nASav. November. 80,744 59,670 9.04r 12,151 Cheraw.ADarl. Septemb’r. 333,466 415,567 179,504 234,154 2d wk Jan Ches. A Ohio... Ches.O.ASo.W. December. 255,314 215,254 2,467,126 2,175,217 Chlo. Bur. A No. November. 260.130 151,955 1.808,825 1,692,818 Chle. Bnr. A Q. November. 2,938,851 2,589,599 28,927,645 29,054,522 166,622 178,441 74,909 90,520 Chic. A East. In 2d wk Jan. 187,149 158,533 1,350,385 1,234,124 Cbloago A Erie July 52,116 64,608 52,116 64.608 Ohio. Gt.Weat’n 1st wk Jan Ohio. Mil.* St P. 3d wk Jan. 537,012 443,406 1,540,945 1,274,286 Chlo.&N’thw’n. December 2,614,780 2,046,815 31,503,399 29,059,547 41,053 37,938 24.117 Ohic.Peo.&StL 2d wk Jan. 23,055 Chlo.R’k I.& P .. December. 1,277,843 1,201,751 15,353,825 16,333,856 Chio.St.P.M.&o November. 831,525 690,697 6,849,640 6,763,530 46,634 45,111 25,054 Chic. A W. Mich 2d wk .Jan. 24,510 58,055 55,407 6,592 6,667 Cin.Ga. APorta. October. . 834 Cin.A Kent. Sou November. 973 22,040 11,685 20,775 10,123 Cin. Jack. A Mac, 2d wk Jan. 72.000 2.876,00(1 2,699,000 70.000 Cln.N.O. AT. P 3d wk Oct. N. Orl. A N. E. 3d wk Dee. 40,00( 32.000 1,356,206 1,132,232 Ala. A Vicksb 3d wk Dee. 541.083 538,723 18.000 17,00< Vicks. Sh. A P 3d wk Dec. 520,408 18,000 13.00 553,320 Cin. Ports. A V. December. 253,702 278,743 22.568 10,57 Clarion R iver.. November. 2,686 3.269 592,006 Olev.AkronACo August__ 82,620 567,346 73,096 Clev.Can. A So.. 2d wk Jan. 19.759 20.603 10,759 9,927 CLCin.Ch.ASt.1 2d wk Jan. 252,985 229,340 451,062 468,196 Peo. A East’ n November. 108,071 141,495 1,820,102 1,445,456 OL Lor. A Wheel 2d wk Jan. 22,004 40,542 19,074 35,173 Ool. Midland.... December 144,969 130.784 OoL H. V. AToi December. 238,208 202,086 2,654,483 2,678.246 Ool. Sand’y A H 2d wk Jan. 27,672 14,062 26,501 15,612 Colusa A Lake December. 38,920 1,100 1.000 21,659 Crystal.............. October, 8,872 1,141 7,460 998 OnmbTd Valley November. 71,103 732.920 781,192 68,632 Denv. A Rio Gr 2d wk Jau. 127,000 H9,100 243,600 244,500 Des M. A Kan. C. 1st wk Jan 1,396 1,671 1,671 1,396 Det.Lans’g&No 2d wk Jan. 17,159 33,635 30,952 17,150 Det. A Mackinac November. 20,470 218,436 336,335 11.310 Dul.AIr’nRange November. 100.998 58,842 2,155,613 1,500,029 DuluthS.S.AAti 2d wk Jan. 29,274 53,745 29,321 52,086 Elgin.Jol.AEast December. 114,548 83.089 1,172,076 1,034,409 Eureka Springs. (letober. .. 4,442 58,334 6,892 53,987 Evans. A ind'pin- 2d wk Jan. 6,001 9,580 11,406 4,824 Evans. A Rich. 2d wk Jan. 1,805 2,830 2,905 1,757 Bransv. A T. H. 2d wk Jan. 22,554 34,729 41,574 18,329 Fitchburg......... November 672,971 614,192 6,839,844 6,400,818 Flint A r.Marq 2d wk Jan. 51,954 76,940 90,192 40,032 FtW ’ thADen.C. October... 134,603 177,121 FLW. A Rio Gr 2d wk Jan. 8,392 17,751 8,104 15,839 Gads. A Att. U. December. 621 945 6,671 9.328 Georgia HR...... 3d wk Jan. 33.609 '70,112 101,885 26.090 Georgia A Ala.. December. 50,755 443,306 479,777 42,101 Qa.C&r’la A No November. 101,843 641,428 667,033 77,829 Geo. So. A Fla. December. 79.261 830,385 87.831 879,881 Gr. Rap. A Ind. 2d wk Jan. 30,271 59,490 30,577 53,726 Cin. R.A FLW 2d wk Jan. 6,376 7,360 13,679 12,573 rraverseClty. 2d wk Jan. 937 1.716 595 1,046 Mur. G. R. A 1 2d wk Jan. 2,322 3.993 1,321 2.909 T o t all line*- 2d wk Jan. 39,906 77,772 71,360 39.853 Grand Trunk... WkJan.18 301,256 281,655 893,041 868,573 Chlo. A Gr. Tr \\k Jan. 1 i 02,206 121,077 90,350 44,673 DetGr.H.AM Wk Jan.ll 15,968 29,314 30,924 15,498! Great North’nBt.P. M. A M December. 1,492,513 1,152,090 14,890.328 12,346,877 East of Minn.. Decomber. 181,998 131,0t>l 1,675,382 1,308,505 Montana Cent. December. 138,723| 115,501 1,560,676 1,511,669 T o t system. December. 1,813,2311,398,652 18,126,386 15,167,051 Golf A Chicago. December.' 4,886 5,808' 46,805' 49,221 l x ii. Latest Gross Earnings. Jan. 1 to Latest Date. Week or Mo 1895-6. I 1894-5. 1895-6. | 1894-5. 37,734 48,651 3,532, 5,009 HooB.Ton.AWil November. 333,899 451,212 16,800! 19.012 Hous.E.&W.Tex !3d wk Oot 113,325 107,400 8,343 11.500 Humest’nABhen (December. Illinois Central. December. 2,094,987 1,751,486 20.494,033 18,345,331 427,084 475,188 14,146 10,328 Ind. Deo.AWest. 4th wkDeo 649,527 703,068 53.730 66,693 Ind. 111. & Iowa. November. 175,066 220,839 79,933 60,090 in.A Gt. North’ n 3d wk Jan. 42,750 37.197 42,750 37.197 ilnteroo. (Mex.) Wk Jau. 4 85,422 1.14,462 29,234 39.189 Iowa Central— 3d wk Jail. 43,305 49,442 4,885 4,405 Iron Railway... December. 714,195 358,781 73,397 26,939 jack. T. A K. W. November. 33,749 31.243 4,362 4.265 Jamest’n AL. E. Septemb’r. 11,652 17,474 5,497 9,442 KanawhaAMioL 2d wk Jan. 135,685 148,789 70,402 80.174 K.C.F. Scott AM 2d wk Jan. 34,303 49 515 18,172 26.634 K.C. Mem.A Blr. 2d wk Jan. 275,089 265,585 17,348 30,066 Kan.C. N. W .... December. 11,672 4,870 434 342 Kan.C.ABeat. December. 17,191 19,065 8,296 9.920 K. C.Pitts. A G .. 2d wk Jau. 6,389 8,821 3,345 4.28f Kan.C. Sub. Bell 2d wk Jan. 5,953 5,953 7.323 7,323 Keokuk A West 1st wk Jan 77,455 81.198 6,465 6,956 L. Erie All. A So. December. 119,049 129,076 61,479 73,936 L. Erie A West. 2d wk Jan. 35,240 391,067 « 07,045 33.704 Lehigh & Hud.. December. 191,927 14 900 16.453 Lex’ gton AEast. November. 163,629 160,353 f 0,610 48,583 Long Island...... 3d wk Jan. 14.977 145,420 182,396 7,827 Los. Ang. Term December. 42.402 46,915 22.370 24,021 Loui8.Ev.AStL. 2d wk Jan. 689,850 715 335 Louisv.&Nashv. 2d wk Jan. 366.575 343.060 95,597 49,070 98.867 53,649 Louis. N.A.ACh. 2d wk Jan. 439,535 419.636 32,274 39.684 Lou. St.L.ATex. December. 79,114 7,372 73,439 7,593 Macon A Birm.. December. 62,503 117,175 5.849 3,862 Manistique........ December. 31,055 46,548 15,063 24,203 MemphisAChas. 2d wk Jan. 314,518 355.777 tMexioan Cent.. 2d wk Jan. 171,295 163,039 1,959,839 2,378,699 187,426 231,610 Mexican Inter*!. November. 140,515 168,800 69,489 87,422 iMex. National 2d wk Jan. 584,403 624.778 51,874 54,104 Mex. Nortnern.. November. 56,571 60.140 56,571 60,140 tMexioan R’ way Wk Jan. 4 8,735 9,370 8,735 9,370 1st wk J an Mexican So 52,844 60,596 26,647 35,463 Mmneap.ASt.L. 2d wk Jan. 71,270 33,672 107,591 57,462 M. St.P.AS.St.M. 2d wk Jan. 425,732 411,989 Mo. Kan. A Tex. 2 d wb J an. 233,692 215,301 651.000 753.000 Mo.Pac. Alron M 2d wk Jan. 415.000 347.000 17,000 27,000 9,000 14,000 Central Br’ch. 2d wk Jan. 668.000 780.000 Total.. 2d wk Jan. 429.000 356.000 11,524 11.141 6.103 5,814 Mobile A Birin.. 2d wk J an. Mobile A Ohio.. December. 371,106 330.882 3,476,689 3,260,990 90,15' 1,116,246 1,004,934 Mont. AMex. Gif. November. 100,219 ; Nash.Ch.ASLL. December. 458,291 415,916 4,871,863 4,623,910 20,707 24,106 2,626 3,126 Nevada Central. October. .. 247,377 264,327 30,062 N. Jersey AN. Y. Septemb’r. 32.685 102,465 89,026 12.663 7,896 New Orl. ASo’n. December. N. Y. C .A H .R .. December. 4,020,847 3,644,996 44,338,889 41,797,492 N. Y.L. E.& W. July.......... 2,323,167 2,077,125 14,693,797 13,761,192 N.Y.Pa. A Ohio. J u n e ........ 579.362 451,850 3,131,797 2,552,623 111,355 62.724 112,628 N.Y. Ont. A W.. 2d wk Jan 62,789 N. Y.Susq.AWV. December. 192,500 193,574 2,260,821 1,962,984 356,036 443,419 Norfolk A West. 2d wk Jan. 235,514 176,693 55,366 47,682 8,455 5,473 Nortlie’rn (Ga»). November. North’n Central December. 559,184 517,784 6.506,028 6,031,261 435,379 470,799 North’n Pacino 2d wk Jan. 263,698 232,591 28,109 26,327 2.447 2,969 Oconee A W©8t November. 23,233 29,059 10,844 14,546 Ohio River........ 2d wk Jan. 168,571 186,741 16,514 19,459 Ohio Riv.A Chas December 582.238 605,823 87,908 74,909 Ohio Southern. October. .. Oregon Imp. Co. November. 271.979 315,290 Pacific Mail— November. 340,332 364,425 3,987,982 3,549,016 Pennsylvania.. December. 5,t)39,604 5,153,789 64,627,177 58,704,283 PeoriaDeo.AEv 2d wk Jan. 35,919 35,196 18,237 20,510 479,890 498,746 45,829 Petersburg........ November. 41,520 Phila. A Erie... November. 450.972 383,642 4,037,139 3,685,343 Pliila. ARead’g. November. 2,017,687 1,933,088 19,748,647 18,592,263 Coal A ir. Co... November. 2,494,223 2,224,334 22,492,544 19,957,553 TotalbothCos. November. 4,511,910 4,157,422 42,241,191 38.549,816 Pitts.C.C.ASt.L December. 1,378,199 1,243,191 15,482,287 14,263,870 44.796 Pitts. Mar. A Ch. December. 36.891 3.829 3,851 36.084 Pitt.Shen.AL.E 3d wk Jan. 6,227 12,892 18,681 47,770 43,110 21.555 24 172 Pittsb. A West- 2d wk Jan. 25.407 12,284 13,173 24,560 Pitta. Cl. AToi 2d wk Jan. 4,3 s 5 6,546 2,193 Pitts. Pa. A F. 2d wk Jan. 3,129 72.723 Total system. 2d wb Jan. 72,064 36.032 40,474 Pitt. Young. AA. December. 99,899 1,727,992 1,224,127 92.190 238.570 261 320 21,488 23,292 Quincy O.AK.C December. 671,584 55,674 Rich.Fi*’k8b.AP. November. 639,543 58,025 312,959 26,541Rich. A Petersb. November. 305.000 28,755 16,519 Rio Gr. South’ n 2d wk Jan. 13,934 7,491 9,080 Rio Gr.West’n. 3d wb Jan. 86.300 102,300 32,600 39,700 Sag.TuscolaAH December 116,077 118,596 7,578 9,713 77,219 Sag. Val. A St. L. November. 78.936 7.104 6,661 St L. A. AT. H 2d wk Jan. 44 920 46,280 26,020 25,050 45.482 8 t.L.Ken’ 0tASc' December. 4,095 3 920 5.328 St. L. South w’rn 2d wk Jan. 185 300 99,900 103,500 200,500 8t.PaulADul’ ti December. 110,335 86.664 1,556,9271 1,442.186 San Ant. a A.P November. 167,996 229,121 1,794,069 1,696.121 8.Fran.AN.Pac 1st wk Jan 9,899 7,813 7,813 9,899 Sav.Fia. A Wesi November. 285,021 341,820 3,031,269 3,504 465 Sher.Hhrev.A So Lst wk Jan 4,603 5,234 4,603 5,234 SH. Sps. O. A G November. 8,002 11,111 SUverton.......... December. *72,63i 8,000 56*715 5,076 bo. Haven A East November 1,363 19,982 18,435 1,507 So. Paoitto Oo.Gal.Har.AS. A November. 474,544 436,494 4,369, 880 ,850,353 Louis’aWest. November. 112,008 897,824 996, 653 94,681 Morgan’ sL A3 November 708,759 731,848 5.373. 365 ,353,281 N.Y.T. AMex November. 29.497 17,991 239,827 215, 672 Tex. AN. Orl. November. 141,639 155,991 1,497, 8841 1,,417,689 Atlantiosys.6. November. 1,468,791 1,491,936 12,653, 077 11,,952.691 Pacific systen November. 2,915,719 2,787,926 29.898, 325 28,,842 257 Total of aU. November. 4,384,510 4,279.862 42,551, 401 40,,794,948 Affiliated lines November. 539,675 782,171 5,332, 817 5,,573,559 Grand total. November. 4,924,466 5,062,033 47,884, 501 46,,368,507 So. Pao. of Cai October... 1,004,947 9U9 824 8,654,,820 ,548,361 So.Pao.of Art/. October... 250,903 232,396 1,857,,429 ,710,760 So.Pao.ofN.M October... 116,427 93,723 764.874 890,,416 Northern Ry. October. .. 205,365 219,699 1,648,,808 ,805,955 Southern R y... 2d wk Jan. 351,392 324,175 692, ■165 649,988 Staten tsl. R. T. October. . 83.086 76,801 1,029,,590 920,557 StonyOl.ACMt.. November 1,*62 1,877 41,,090 42,992 91,291 108,73 > 1,059,,857 Summit Branch. November. 893,959 Lyk. Val. Coal November 85.318 690, 602 92,508 804,224 176 609 201 241 1,750 459 fo t’lboth Co’ - November ,698.1*3 Texas & Pacific 3d wk Jan. 132,530 154,797 399,,053 443,636 5,050 Tsx.S.ValAN. W December 4,337 40,,905 47,095 30.087 Col. A Ohio Cent 3d wk Jan. 32,536 92,910 96,,212 18.472 18.319 Col. P. A WeBt.. 1st wk Jan 18,472 18,,319 34 623 Col. St. L.&K.O 3d wk Jan. 26.620 97,J 81 73,008 THE CHRONICLE. JA N U A R Y 2 5 , 1 896,| Boabs Latent Gross Earnings. WeokorMc Water A Del___November. 1*95.0. 32,973 Jan. 1 !o Latest Date. 1894-5. 1395-6. * 29,305 * 337,775 * 384 000 Un. Pao. KR-. November. 1,362,8 U l,,333,111 13,193,880 13,707.162 Or.B.L. A O. K N ovem b er. 5 9 0 74 9 467.774, 4,923,121 4 626,644 55.353. 364,935 Et.Joe.6ied.If> N ovem b er. 53 9 : 724.462 7.3511 01.473 104,242 K an .C .A O m . N ov em b er. 0 93 6 13,109; 39,706 Tot. St.J. A G .I. S J w k J.u1 1 017 26.306 9,0,0, 27,000 Cent.Br........ o 2 d w k J u .Q . 14 “ JO 17,000 24 555 249,010 333,963 £ £ £ & * & ( Sorember. 27.521 OHMtotal.'e N ovem b er. 2 134.205 2,,049 280 2 0 ,1 7 7 ,0 0 0 21, 462,222 U .Pao.D .AG . N ov em b er. 3 i8 5l.> 306.176 2 ,3 3 0 .3 2 1 2, 5 <9,212 F t s r t h & D .C O ctob er. . 134,603 177.421 216,547 0 7 .. 9.<S 616,191 Wabash.............3d wk Jan. 231.78* <18,040 . 220,221 2 1, 9 9 1 Waco a North*- O ctober... 49,01:4 Went fe n e y ...iNoywabor.' 111.530 106*571 1,5 5 9 ,0 7 5 ' 1,47 7 5 ,4 0 4 1,121,014 0,8,741 W .V.O n.APltt- December.' 90,006 3 8,757. 313.4-0 3 6 .111 WeatVa-APltti* October. .. 37.181 5 3 ,312 492,481 48 5 429 Western of Ala,. November. 61.-161 ,248,453 9 2 ,3 5 1 1,2 98,1 87 We*:. Maryland jDecember. 83.737' 101,200 4 6 ,2 0 0 West. Jf.Y. A Pa 24 wk J ,u. 51,800 1 8 ,“ 4«71,4- , ,57.97Wheel.& Lu m t * m wk Jan.21,700 5 5 .7 7 0 119.47.. . 107,2 >7 Wisconsin O a t. 24 wk Jan. 65,906 35,726.1 08 78.557 Wrtekttrv.* T“ n. December. 8,103 * Figure, « v e a do net Include Oregon By. A Sav., Do. Pae. Denver A Qulf, Denver LeadvtUe & Ganuison, Montana Dition and Leaven worth Topeka A Sooth western. a These figure* include results om eased liner b Include* earnings from ferries, etc,, not k'.vcn separately, : Mexie»n ourrenov. c Includes only half of unea tn whlon union Paciilo has a h ilt Interest. L it « “ t Wross E a rn in g s by W eek s.— T h e latest w e e k ly earuin ge ra the fo re g o in g are separately su m m ed u p a s fo llo w s : F or the second w eek o f J a n u a ry ou r prelim in ary statem en c o v e r s 7 5 roads, and show s 1174 p e r c e n t gain in the a ggreg ate o v e r the sam e w eek last y e a r . , 1890. 199$. * A la b a m a G t. S o u th e rn .. A n n A r t - o .......................... A tla n tic * D a n v ille ....... B a it. & O nto S ou th w est. B r o o k ly n E le v a t e d .,..* .. B u 3 a io RoctL A P ltm b's. B url. C a t, Haft, A N orth . C anadian P a c ific .............. C h esa pea k e * O h io ......... C h ica g o A East. tfho.nl* C h iea vo MUw. A Si. Paul C ld c. P o o n a A SI- Duals C b io a e o A W est stiehlKan; Cha.J a ck s o n A M ackiruw j C l« v « » C an ton A Sottltr a.; O n . C m . C h in A S t 1 „ . <r»-v. D o A W h eel'*:.. C ol. S andusky A H o ck ’ * , D e n v e r A B io G r a n d e ,. . D e tro it t e a s '* A SforfW n O olatfc no. S h ore A A t! .' B v a n s r. A In d ia n a p olis E v a io v . * fu eb ta n n d ___ E v a n tv . A T erre H a u te ,, F lin t A P er* M arque*’ j. PL Wur< U A E ■'; in f l w t f h ......... ....................... G ra n d R a p id s A In d ia n a C in cin n a ti B . A F t W .. T ra v e rs e C ity ................. Music. O r. Rep. A ta d . G ran d T ra n k o ! C an ad a. Ctis- A Or. T ru n k _____ D et. O r. H a v en & MIL. I n te r n '! A tti. N o r t h 'n . . . I o w a C e n tre !.................. .. K a n a w h a * M iv tiiv a u .... K a n . C ity F t. S. A M em , K a n . City M em, A Blrm . K an . C ity PUUh. A U u lf. K a n . C ity Satxwb. S e l l .. . L a k e E rie A W e - te rn .___ Ismti Isla n d ........................ D ou isv. E v a o s v & S t 1, fcooisvU ie * N ash r u l e ... hon tsT ille N , A . A C h ic .. M em p his * C h a rle sto n .. M e x ica n C e n t r a l.............. M e x ica n N a tio n a l............. M in n ea p olis A St. L ouis M inn. s t . P. A S . M ...... < M e, K a n s a s '* T e x a s ....,* M o . Pacific A Iron M : . . . C en tral B ra n ch ................• M o b ile A B frrutortiam 5 N ew Y o rk o u t . A W e*t‘ n ! N o rfo lk A W e s t e r n . ......! N orth e rn P a c ific ...............< O h io R iv e r ..... .....................1 !'• or; - . P l t l .b . When. A L. Erie .1 Pittsburg- A W estern........< B io G ran d e S ouths* o ___ B io G ran d* W estern........ 8t. Joseph A Oft Island. § t- .Reals A lton A T, H ., Bt. C om * S ou th ern T ex a s A T o le d o A S o u th w e s te rn .. R a ilw a y ........ . P w sia r,............... O hio <'l a t t a l . . . * K - " C l- ' W est. » . T. A P e n n s y lT V heetias- * tmkts E r i e ,.. W ciatnssii! C en tra l.......... Total 0 $ roans). Set Increase 114-74 p, < 27 ,211 1 “ ,3 2 9 1 0 .4 3 0 116,789 34,902 69,45Sj 93,4)80; 3 *9,001) 244.134, 90 ,320 : ’> t ? : u - 24,117! 23,054* 1 .664 10,739* 2-42.98-5■22,004! 14 .062 1 2 7.0X 5 17.159 29,274 ! 6.001 * 1,805* 33,534 5 1 ,9 1 8.392 =•; ■ 30,371 *0 ! 2,333 293,693 62,206! 15,969: 63.921: 4 2 ,2 8 9 9,412* 8 0 ,174 2 6 ,8 3 4 9 ,8 2 0 4,2 9 2 7 3 .9 3 6 4 9 ,3 2 4 24 ,021 88 6,57 3; 53.619; 2 1 ,203 17 1,29 3 8 7 ,1 2 2 3 3 ,4 0 3 3 7 ,1 6 2 2 3 3 .0 -c 41 5.00 0 i u »0 5.9 14 02 ,7 “ 9 23 5 ,3 1 4 8 6 8 ,6 9 9 ! 1 !,• * (! 2 0 .5 1 0 11.758 40.4741 om j 32 ,900 ; i 1 017 20.020 o V* <•< 351.392*: 142,04)8 35,111: 3 3 .0 U 2 3 7 ,3 7 5 • 5T,400i 2 7 .3 5 7 63 .805 : * Iw rm m . - Dtcrca is. # 2 8 ,3 1 0 18 ,533 * 1,099 6*096 2.33 I 2,071 •U.403 272.000 28,2771 77,io<)' I t M ils 3- ,f> 9 5 3 ,7 8 9 179,501 7 4 ,9 6 8 4 1 a - ■6 2 1 ,0 5 5 2 4 ,5 1 0 10,123 15,011 54 4 1,542 8 3 .: 70,402* 18 ,172 3.9 46 9,7 7 2 8,4 62 8,296' 8,3 4 5 0 1 ,4 7 9 49.727 2 2 ,3 7 0 3 4 1 .0 6 >; 4 9 .0 7 0 15,063! 1 6 3 ,0 3 . 6 9 ,4 8 9 2-1.0 17 38,672! 2 '5 ,1 0 1 3 4 7 .0 0 0 9,000 6,1 03 62,72-4) 170,093 " '7 .9 « c Si 1.S50 ....... "E 1 4.223 1 1 .922 ' i i ‘,739 12 300 981 3 4 .’ 1,001 67i> 17,333 470 13,436 1,021 937, 12,457 ! 1,6.51 203 6,227 3 0 .0 4 2 7.491 31 ,100 ! 11,109 25,050* 19 3 .5 JO 32 1 .1 7 5 132,901 32,291 2 2 ,1 6 ) 3 0 5 ,8 6 1 4 0 .200 : 10,377 55,770-'M d C fi f .' Total (84 roads)............ N at in cre a se ( 7 '4 l p, e .) „ s 480,393 275 5,823,758 5,421,786 ........ 406 95S 401,972 5,553 631 153 BVrfc or Mo 1895-8. 1894-5. sg $ Brockton Con. Si. Ry. Deucinter. Lull st. Ry. IN. Yd.. December a tn g ta m tu n at, t t y ... INmewlMr S n d gB p ort T ra ctio n J 1 w k J a n . 289 ........V s; 2,273 5,523! 4,442: 1,599 1,8 «0 903 97J; 3,00<) " r /,9 ? l 1 0 ,4 8 3 ; 31,515 5,000! 8,980* 1 9 ,0 3 6 ; ” 8 1 7 ,8 7 5 ;’ 4 78,649 84,986 ............ ST H K ET I t l lL W A Y S AN D T I U C T 1 0 N C D M P A N IE 8 T he fo llo w in g table sh ow s the g ro ss earnings fo r the latest period o f all s t r e e t railw ays fr o m w h ich we are ab le to o b ta in weekly or m on th ly returns. T a e arran gem en t o f the table is the same a* that fo r the steam roa d s—that is, the first tw o colu m n s o f figures g iv e the g ro w earnings fo r the la test week or m on th , a nd the last tw o colu m n s the e ir n in g ) fo r the calen dar year fro m J a u u iry 1 ,to a n d Jincluding such latest week o r m ou th . STREET RAILWAYS AND TRACTION COMPANIES. 6-1.000 3,150 crease. e-Inttr’ l, rentali, » •» Jr.— <*->!.. . -Bat. o f Met Barnt.1894. 1895. i1 8f )’ 4 . 1895. C * *,354 11,933 3,-130 12,911 271,533 1,322 1,025 Pitta, a a A 8fc L - .l t o e . 31 6.02 1 635,492 J ill, 1 to Dr .1 1 .... 3 .1 9 9 ,0 8 ) 2 ,8 6 2 ,8 6 7 1,920,3 t l 3 »n F ran. A No. P m .D ee . 1 7,1 29 17,233 def. 11,426 def.9,086 87,898 J a n . 1 to Dee 3 1 . . . . 20 6,17 1 207,447 43,560 88.978 J u ly 1 t o Deo. 3 1 . . . 1 0 2.77 v 103,398 57,404 21,300 39.700 48,004 fen n - Coal 1. A RK . D ec. 4 3 ,7 3 5 412,333 J a n . 1 to D e c. 31 . . . 5 9 5 ,7 8 5 717,000 ---------- def.55,800 B altim ore T ra e tlo n ,. . , D e ce m b e r. 27/217 3,569 635 2,006 0 Kmuts. Col. Sjud-.t«. I il n k Nor. 8.916 23,790 18.391 6,000! Increas*. N et E a rn in g s M on th ly t o L atest D a tes.— The table f o l l o w ing show s the net earnings o f S t e am railroads rep orted this w eek. A fu ll detailed ntatem oat, in clu d in g all roa ds fro m w hich m on th ly returns can be obtain ed is g iven on ce a m on th in thess colu m n s, and t h e latest statem en t o f this kin d w ill he fou n d in tne C h r o n ic l e o f J a n u a ry 18,1898. T he n e x t wilt appear in the issue o f F eb ru a ry 29, 1896. .-----Grijss .SagKiag*,Xel Earnings.~ 1695. 1894. 1895. Jioads. $ “8 ' S 8 A tla n tic A D a n ville . S o v . 52, l S3 51,997 18,414 13,938 Jan. 1 to N’ov. 30— 403,722 510.346 115,781 -13,117 J u ly 1 to N o r . S O ,... 247,000 02,026 236,652 37,118 C ol.Saudus. & H ock, S o y . 1 5 ,3 8 8 71,245 83,359 16,265 200,-45 Edison El. ILCo .N .Y .D i-c. 107,285 190.099 03,5 98 Jan. 1 to Deo 3 1 .... 1,853,721 1,089,374 789,407 915,75!) 150,786 North. Centra!.h__ Dec. 559,184 517,784 111,888 Jan. 1 to D e c . 31 . . . 0 ,5 0 6 ,0 2 8 6,031,261 1 ,9 1 2 ,8 6 2 1,797,144 P enn, le a s t P .A K .).,D < o 5 ,6 3 9 ,6 0 4 5,153,709 1.689,697 1,548,913 Jau. I to Dee. 31 ...61,027,177 58,704,283 19,682,861 18,340,539 Line# west- # , & 8 IH-o, In c, 4 2 5 ,2 6 4 inn. 212,36: J m . I t o D e c. 3 1 - . . . In c. 4 ,5 9 1 ,3 1 4 Iuc. 2,709,309 Pitta. C. C. A St. L. . Dih: 1,378.199 1,213,191 319,143 273,558 .fan. 1 to D e c. 3 1 ___ 15,182,247 14,203,879 4,226,170 3,498,359 99,899 3,122 Pitt*. Ynuue*. A A ... D ec. 82,190 20,<*51 Jan. 1 1 " l ) - o . 3 1 . . . 1,72 7,992 1.221.127 641,961 447,213 d a n P r .A N . P a e .* .. Dec49,119 5,703 7,517 52,623 M l, 702 J a n . 1 to D ec. 8 1 . . . 827,654 231,73* 2)4,815 Ju ly 1 t-, Doc. 3 1 , . . 4*4,752 462.745 192,376 160,178 ...».»„« 91,000 96,739 •eon. Coal l . .« Rlv.,.De > 061,20 0 J a n , 1 to D ec. 3 1 .. . . . . . . . 1,003,118 S e a t e d ! M-nrylaoti...Di,-r 98,737 28,756 92,154 30,910 467,035 456,828 J a n . 1 to D ec. 31 . . . . 1,2 <3,107 1.243,453 3 12.248 O c t I t o Dec. 3 t 120,362 109,11 < 309,5*8 Kam iwos . 9 ,1 4 0 8 ,2 5 6 17,933, 23*,7. •! 10,8 11 13,237 Prey'ly reported (77 r'da) Des Moines ft Kan. City. luteroeeanie (Mex.)------Mexican R a ilw a y _____ Mexlaaa Southern.......... 8an Francisco A No. Pae. Sherman Shreve. & So... Toledo Peoria A West’s . . 1395 $ ‘ $ 5,632,559 5,280,315 1,671 1,396 37,197 42.750 60.140 56,571 9,370 8,735 9.099 7,813 4.603 5.734 18,472 18.319 I n t e r e s t C lL t r g M n u ll S u r p l u s . - T h e f o l l o w i n g r o a d s , i n i d d i .i u u t o t h e ir g r o * * n m l .to t e a r t i i a g - g i v e n in t h e f o r e g o i n g , a ls o r e p o r t c h n r g e a f o - in t t Mt, « « „ w i t h t h e a u r p l u B o r d e f i c i t a b o v e o r b e lo w th ose ch a r g e * . 1.06 = 24,043 2,930 1896 a S e t uarnim r* h e w srtven a r e a fte r d e d u e u a g ta x e s o S e t earniUiO, n e r e «'.v «n a re wjfore dAtU O tlus t a x e s . * 4 ,6 5 0 U 8, .i : Ti',42!» 5.4 >7 204 1.4 80 9,9 2 7 22 9 ,3 4 0 ; 19,071 1 5 ,6 :2 1 1 9 ,1 0 0 17.! 50 2 8 32 4,8 21 1.757 13,329 4 0 ,0 3 2 8,4 01 2 3 , 111 3 0 ,5 7 7 7,3fJ0 535, 1,321 3 3 5 .0 0 6 41,673 16 .498 7 6 ,2 6 0 28 ,959 ! lsi u-eek of January. 1S94 5. H a lo s P a cin o — 2d u-rek o f Sanitary, 181 32,203 803,666 For tho first week o f J a n u a ry ou r final statem ent covers 81 xoada, and show s 7 41 per cen t ga in in the a ggregate. d r 'k lj ti Q ueens A Hut, scp te iu b 'r. dfOflklyn Traotion— 1895-0. * 1,587 1 ,2 8 0 10,8 J 7 8,746 4,708 4,152 21,029 10,230 I 21,76* 120.8 73 9,791 273, >83 412,685 1894-5. * 19,807 1 1 9 ,2 0 2 8,450 225,614 429,529 A lb* title A r e ___ . . . O c t o b e r . , . 82, v5 1 89,112 706,208 81 3 .9 9 8 B ro o k lyn B .A W. E. O cto b e r. ., 7,937 6,154 135,64 ) 11 3,77 0 T o t a l........ ... ......... N ovem ber. 85,672 97,720 933,717 i;010,316 Bnfliilo Rr ......... N ovem ber. 1 17.03?' 137,706 1,517,191 1,39 7,233 Central Trac.fPIttsb.) D e c e m b e r . ; 1? ,850 11,80? 17,0)4 16,627 •Jbester T M c t io a ....... G e to U e r,.. Ciile. & So. sid e K T . D ecem b er. 73.639 •bo. N e w p o rt ScC o v ..; D e co u i'm r.- 53,09 ) 4 4,039 624,034 497,950 15,643 ity Klee. iR oin i..'),*./ D ecem b er. 1, 709 .it lie u s ' T r.ia^PU lsll. J u i y ........... 53,391 49,075 1,503,0 ;1 1,3 0,522 C leveland E l e o l d e . .. D ecem b er. 3,12! 2,341 41.271 27,000 C olum bus R R -U.t.) . D ecem b er. 9,432 24,260= 20,162 loim uhtD 8 1 . R y. to.. 2d Wk Jail. 1 2 ,n io' 314,315 Coney Island A B 'lyn. D e ce m b e r. 2 2 ,402 10,900 300.911 Jonsol True. (N. J ) .. S n p tem b'r. 2 45.538 201,803 1,809,635 1,306,420 D eu ver C on. rr.u n w . D««em)>or. 5 ,191 60,208 718,039 725,180 O e r b y S t r c t Ky ........S ep te m b 'r. 7,6 1 0 3,705 Diihlttl 0L Ity. ......... D ecem b er. 17,750 17.4 07 212.806 207,930 E le ctric T rue . P!iU» ; 8«pte«ITt’ r ,)2 4 7 ,0 2 1 108,282 Erie E lec. M otor C o..;D ooet& t»er.' 1 2 ,534 10,791 f s o . n o ' 1,921 1,403 .-lu sh in g A o lle x e P i N evem im r. 13,701 17,i l l '210,271 199,133 11Alves ton O ily I t y ...: D ecem b er B e sto n v illr M. A A r ch Street. . . . . . . . N ovem b er. 35,032 10,3 92' R a te s t r e...e...................... t ______ ...N o.................. vem ber. 0 ,1 1 3 2,484 " ■". :,1C: 2 0 .7 8 6 451,00 t Ttll >!. ................ THE CHRONICLE, lb . Gross Ears isos. : Latest Earnings Reported, Jan. I to Latest Dai \Wfekoi Mo 1395-6., 1891-5- * $ 676 .......... . Ilooelck Ry..._............ December Houston city St. Ry.. December, 17,776 18,180 Interstate Consol. ot 8,936 North Attleboro .. December, Lak« St. Bier. (Ohio.) December. 85,023 -15,739 Lehigh T raction ...... December. tO,546 10,067 1,301 Look Haven Traction November. 0,032 Lorain ot. By............. November. Louisville R y... ------ iSeptemb’ r. 1158721 105,025 Ea'wnil Law. A- Huv.. December. 28.939 25m 11 Lynn i Boston......... 2d wk Jan. 19,391 19,299 .ifet fun.! Kansas City i 2d wk Jam 29,691 26,475 Metropoh t.*u (N. Y.L Septemb’r. 571,113 483,706 4,175 7,410 Metrop-lWasb.. D. u.) 12dayaSep 3,623 4,383 Montgomery St. By December. 94,800 75,845 Montreal Street R y... December. Nu-hviHe Li. Ry...... . December. 27,740 26,176 5,818, 3,594 New-burg Electric.... November, New England St.— December. 15,406’ 14,861 Winchester A n '.... 2,082 1,874 Fivnl’ tli tfc Ktnyston December. 3.394 3,508 Total.................... 2d wk Jan. •1,909: 2,742 Now HavemkContrc v. jDecember. 14,257 19,592 New Haven, SL By. .. jSopteinb’r. 2.394 2,718 Now London St B y.. November. New Orleans Traction December. 121,378 100,066 X. Y. it Harlem......... December. Northampton St, Ry. ................. December. 7,60s 5,168 1.415 Ogderisburg St. Ry. December. Paterson Ry.............. December. 25,485 20.253 People’s Tree. (Phiia.) Septemb’r 194,103 137,331 2,595 Portsmouth St. R y... December. Po’keepate 1: Wapp.F. Septemb’ r. 12,002 SeadiogTraotlou....... December. 16,394 13,410 2,66) 2,865 Roanoke Street........, November. Rochester Ry........... Decotnber 72,934 65,43r 8,107 9,536 Schuylkill Traction... iSeptemb’r. 3,165 4,120 Schuylkill Val. Into.. ! December. Scranton Traetiou.... iDoccmber. 29,180 22,661 Second Aye. (PiMsb.i December. 37,555 7,268 6,964 Sioux City Traotion December. Steinwaj Ry.............. November, 24,503 14,919 1,162 1,129 Strcator Railway. .. November. Syracuse Consol. — Deeember. 13,617 17,135 Syracuse E’st-SideJRy Decomber. 2,98J Syracuse St. RR........ December. 22,907 12,017 8,631 Terre Haute Bl’ e. Ry .Ootober. .. 11,998 Third Ave. (N, Y.) . . November. 20-4,765 194,087 Toronto Ry................ iDeeember. 88,189 78,383 Twin City Rap. Tran. INoveraber. 162,666 161,259 Union (N. Bedford)... December. 16,008 13,361 9,82: Union Ry. (Saginaw). ;December. United Tra t. (Prov.) Deeember. 138,681 12§‘,214 Utica Belt Line......... December. 2,618 3,769 Wakefield & Stone— December. Waterbury Traotion.. December. 22,789 16,561 West End (Boston)... October... 685,000 645,000 344 336 West Shore (Conn.),.. ;Ootober... Wilkesb. A Wy. Valley December. 43,099 3,092 2,900 Wilmington Street... ’SeptembT. Worcester Consol...... Deeember. 39,054 31,712 1893-6. | 1894-5. S „ 10,983 [V ol. L X II' - Gross Earnings.---- . -----Net Earnings.-—— 1895. 1894. 1895. 1894. $ $ $ $ 22,789 16,561 10,909 ............ 247,730 ............ 105,657 ............ Roods. Waterbury Tract,'n.bDeo. Jan. 1 to Deo. 3 1 .... b Net earnlugs here given are before deducting taxes. 119,588 74',468 966,698 421,577 38,682 59,354 1,381,587 In te rest Charges and S u rp lu s . —The follow ing S t r e e t railw ays in addition to their gross and net earnings g iv e n in the foregoing also report charges for interest, &o., w ith the 875, 604 surplus or deficit above or below those charges. 97,202 285, 621 37, 769 53, 601 50,645 35,216 232,214 29,815 207,339 29,851 150,649 92,476 1,349,003 974,568 1,015,076 1,106,017 80,626 298,318 243,881 1,533,588 885,817 36.752, ............ 73,1.55: 188,396 163,86-1 860,108 746,068 49,934 299,322 39,782 253,686 —Tnter’t, rentals, 47;.—, —Dal. o f Net E a r n s 1895. 1894. 1895. 1894. $ $ $ $ 17,520 17,736 4,717 6,146 209,331 212,685 05,425 67,110 3,158 ............ 7,751 ............ Hoads. Denver Con. Tramv.Dee. Jan. 1 to Deo. 3 1 .... Waterbary Tract.Oo.Bec. ANNUAL REPORTS. A n n u a l R e p o rts .— The follow in g is an in d ex to ali ann ual reports o f steam railroads, street railw ays and m iscellaneous com panies which, have been pu blished in the C h r o n ic l e since the last editions o f the I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p plem ents. This in d ex does not in clu d e reports in to-d a y ’ s C h r o n ic l e . See I n v e sto r s ’ S u p p l e m e n t , issued to-day, fo r steam roads and m iscellaneous com panies. Note .—Full-face figures refer to Vol. 62. Stbbet Railways . j Volumes 81 and 62— Page. Volumes 61 and 61— Page. North Shore Traction ....,..,,,.1010 Brooklyn Elevated...................... 81 I West End (Boston),................ 904 Colum huslH iicfeing T a lle y & To ledo R a ilw a y . (F o r the year ending Dec. 31, 1895. J 243,689 120,774 The C h r o n ic l e has been furnished, in advance of the annual report, with an approxim ate statement of the earn 152,851 ings for the late year, whten are given below in comparison 88,226 with previous years. 992,802 957,376 1,796,352 1,813,310 196,127 168,637 127,617 16 i ’,836 149,104 37,890 55,527 247,730 6,456,000 5,741,000 448,783 441,603 367,226 t Earnings Increased largely on account of G. A. R. enoampmant in Louisville. Street R a ilw a y Net E a r n in g s .—The follow ing table gives the returns o£ S t reet railw ay gross and net earnings received this week. In reporting these net earnings for the street r a il ways, we adopt the same plan as that for the steam roads— that is, we prin t each week a ll the returns received that week, but once a month (on the third or the fourth Satur day) we bring together all the roads fu rnish ing returns. The latest fu ll statement w ill be found in the C h r o n icl e of January 18, 1896. The next w ill appear in the issue of Satur day, February 29, 1896. Year end. Dec. 31— 1895. 1894. 1893, Gross earnings ....$2,656,162 $3,688,700 $3,270,362 Opera, expenses.... 1,477,535 1,442,774 1,808,735 1892. $3,372,585 1,805,128 Net earnings........... $1,178,627 $1,245,926 $1,461,627 Miscellaneous........ 10,000 10,000 10,000 $1,567,457 10,000 Total receipts...$1,188,627 $1,255,926 $1,471,627 $1,577,457 Deduct— Taxes............... - ....... $91,000 $98,123 $92,696 $85,316 Interest on bond?.... 923,030 923,030 923,030 923,030 Int. on car trusts ... 96,765 92,572 60,809 51,327 Other interest.......... 21,000 9,864 6,456 4,455 Int.to Pa.Co,on lease, &a ......................... ir 25,765 25,646 26,804 Dividend on p r e f... (5)106,000 (5) 100,000 (5)100,000 <213) 50,000 Balance over divs..-def.$43,149 sur $3,572sur.{$262,989 sur.$436,52 11 Now charged in operating expenses. i Of the $262,9o9 balance in 1893 $261,514 was spent for construc tion and equipment, &e., leaving a surplus of $1,175. -V . 61, p, 966. C in c in n a t i H a m ilto n & D ayton R iilw a y . (R ep o rt fo r the year ending June 30, 1895.J •SJThe fo llo w in g figures have been furnished to the C h r o n ic l e for the fiscal year ending June 30, 1895: -----Gross Earnings.-----..------Net Earnings.-----Years ending June 3 0 1895. 1894. 1893. 1895. 1894. 1895. 1894 Gross earnings.........................$5,039,136 $5,094,812 $5,412,912 Roads. $ $ $ $ Operating expenses................. 3,411,150 3,370,408 3,568,832 Bath Street Ry......... Deo. 1,587 1,280 541 280 Jan. 1 to Deo. 31__ 21,761 19,807 7,479 4,504 Net earnings................ $1,627,986 $1,721,404 $1,844,280 Binghamton St. Ey..Dee. 10,897 8,745 5,046 2,795 •Deduct— Jan. 1 to Dec. 31__ 126,873 119,202 $849,153 $800,462 53,298 49,622 Interest on bonds...... .............. $847,200 269,112 264,835 264,556 BrooktouCoa.St.Rj-. Deo. 21,029 13,236 7,815 7,511 0. H. & D. dividends................. D. & M. dividends...................... 180,788 180,788 180,788 Jan. 1 to Dec. 31___ 273,383 225,614 101,807 81,067 Clnu. Newp, & Cov..Dee. 53,099 44,039 15,991 7,709 T o t a l...................................$1,297,100 $1,294,776 $1,245,808 Jan. 1 to Deo. 3 1 .... 624,034 497,950 205,324 127,344 Balance, surplus...................... $330,886 $429,628 $598,474 Coney Island & B'klyn.— Oct. 1 to Deo, 3L___ The old common stock is being exchanged for new common 70,544 61,763 16,426 16,820 Jan. 1 lo Deo. 31__ 380,930 311,311 144,383 - 106,838 and preferred. _ The last dividend on the old common was 1 % Denver Con. Trainw.. Dee. 57,194 60,208 22,237 23,882 per cent, paid in J u ly , 1895; nothing has yet been paid on the Jan. 1 to Dee. 31___ 716,039 725,-180 274,75'S 279,795 new common. The new preferred is 5 per cent non-cum ulaGalveston CityRR... .Dee. 15,784 17,211 3,817 6,143 tive stock for §8,000,000, and dividends are payable 1^£ per Jan. 1 to Dec. 31 — 216,271 199,133 75,191 67.726 cent quarterly, the first being paid in. November, 1895, The Inter-State Consol. Street C in cin n ati H am ilton & Indianapolis, controlled and operated Ry. (No. Attleb.) ..Dee. 8,936 1,432 Lowell Lawr’oe&H.Dee, 28,939 25,711 10,136 6,079 by the C. H . & D ., reports earnings as follows for the fiscal Jan. 1 to Deo. 31___ 421,577 285,621 153,085 75,253 year 1894-95: gross, §660,678; net, $44,888; interest charges, Lynn & Boston....,-N ov. 98,540 91,628 26,844 25,765 §126,000 ; balance, deficit for year, §8 1,112. In 1893-94 gross Jan. 1 to Nor. 3 0 .... 1,300,219 1,173,102 575,491 477,'272 earnings were §737,181; net* $66,915.—Y . 61, p. 1064, Oct. 1 to Nov. 3 0 .... 205,371 191,355 69,130 62,484 Metropolitan Street By,, K .a — Colorado M id la n d B a ilw a y . December . . . ___.... 140,797 138,324 56,709 53,409 Jiido 1 to Dee. 31___ 1,088,928 1,058,315 (R ep o rt fo r year ending June 30,1895J 472,727 413,630 Nashville Street Ry.Deo. 27,740 26,176 11,508 9,919 A revised statement of this com pany’s earnings for the late New Orleans Traot..Dec. 121,373 100,066 56.886 49,408 fiscal year is now at hand as follows: Jan. 1 to Dec. 31__ 1,349,063 974,563 583,076 355.943 1894-95. 1893-94. N, Y. A Harlem— Oct. 1 to Deo. 3 1 .... 262,517 301,317 107,643 99,519 Gross earnlugs......................................... .......... 1,592,457 1,463,256 Jan. 1 to Deo. 31___ 1,015,076 1,106,017 363,828 391,029 Operating expenses and taxes.............. ....... ...1,344,117 1,457,088 Northampton 81. Ry.Deo. 7,608 5,168 4,056 2,205 Jan. 1 to Dec. 3 1 . . . Net earnings.,................. 248,340 90,626 6,168 37,838 Deduct— Sioux City Tram'n- ..Duo. 7,268 6,961 1,466 56 R en ta l..... ............................................................ 44,017 86,602 Toronto Street (tv..,Dec, 88,189 78,383 47,561 39,169 Interest on ourrent debt, &o............................. 8,845 88,828 Jan. 1 to Deo. 31___ 992,802 957,370 501,615 436.574 Utica Belt L in e Total................................................................ 52,862 175,430 Oot, l t o Deo. 3 1 .... 41,112 37,388 dSf. 169,262 12,119 8,435 Balanoe (including no interest on bonds)....... sr.195,478 Jan, I to Dee. 31— 161,836 149,101 56,539 55,681 - V . 62, p’ 39. J a n u a r y 25, 1896.] THE CHRONICLE. Choctaw O klahom a & G u lf R a ilro a d . {Report f o r thirteen months ending Oct. 31, 1895.) President Fran cis 1. Gowen in the report says in part: General Remarks .—The lin e between South Me -Hester and Oklahom a C ity was so fa r completed on the 1st of October last as to enable a through service of freight and m ixed trains to be put into effect, but through passenger service has not yet been established. The total amount expended in the con struction of this lin e up to the end of the fiscal year was $1,463,151. The business of the company since " the new lin e was opened has been satisfactory, and justifies the expectation that the estimates of the earning capacity of the com pany, w hich formed the basis for the reorganization plan, w ill be realized. The net earnings of both departments for October amounted to upwards of $39,000. T h is result was attained under conditions which added m aterially to the cost of operation and w ith an incomplete service of trains. B u s i ness during the past year w aste a considerable extent affected by the loss of crops in a large section of Oklahom a Territo ry, tlirough a portion of w hich the line of the company extends. Coal Business.—The output of coal was reasonably satisfac tory, considering that during the preceding year the company shipped during June, J u ly and August upwards of 103.000 tons, due to the long strike in the other mines in the In d ia n Territo ry, w hile during the corresponding months of 1895 there were shipped but a little over 60,000 tons. Th is com pany is now the largest producer of ooal in the In d ian T e rri tory, and every effort w ill b? made to retain that position. T h is may require the opening of an additional mine. Equipment .—The equipment comprises: Equipment owned: locomotives. 13; coal cars, 98; other cars, 25. Equipm ent leased: coal cars, 892; box cars. 50; stock cars, 250. A ll this equipment has been kept in good order, and the amount now controlled by the company is reasonably sufficient for its re quirements. Financial,—The obligation^ which are now outstanding, or w hich have yet to be i« u e d in settlement for work done in connection w ith the construction of the 130 m iles of railroad w hich were built daring the past year, are as follows: $1,000.000 prior lien bonds, interest. $60,000; $1,175,000 general m ort gage bonds, interest, $908,750; $1,090,000 income mortgage Bonds, interest (payable if earned), $5-1,9*)5; total interest, in cluding incomes, $323,650; payments on car trusts, etc , for 1895 96, $52,781, Eaminqtb —White the report is for the thirteen months ending October 31, it c a n u in - the follow ing com parative statements for the y e a n ending September 3). The n ew lin e , it w ill be remembered, was not opened t ill after September 80, 1905. I fi r ending Sept. 30. R u t road . 1895. 1 “ >4. P im wu««r vamtawi___- ........ *#9,921 •39,705 Freight......... ................ ls.v .r.2 1 U . 124 Mih................ 51.942 51.(31 M ail,express, etc....... .................. #,7#t 8,329 Grog* Sarnioys................. $307,179 *2*4.789 Operating expenses............ 181,481 179,371 Net earnings,.............................. $125,695 *99,411 Misuse P s ra in w n ii. O re,, earniogs ............................................... . *551.07 i $090,260 Operating expense#........................................... 504,027 519,090 Net earning*................. *50,052 *82,104 188 1895. 1894. Cents. Cents. 9-972 Cable lines ................................................................... 10-240 Horae ear tines.................................. .............................30-550 25-393 Electric lines................................ ................................ 14-776 16-904 Ail lines............. ..................................................... .......13-796 13-487 The fo llo w in g table show s the earn ings, exp en ses, etc., fo r each of the last four years: 1895. 1894. 1893. Tear ending Dec. 31— * $ $ Gross earning*-...................4,476,824 4,264,618 6,059,990 Oper. expenses A taxes. ..2,807,726 2,838.681 3,422,041 P. o. oper. exp. to earn___ (62-72) (66-56) (56-75) Net earnings..................1,669,098 Interest on bonds.............. 207.887 Reconstruction, e t c ......... *92,503 Dividends............................. 1,140,000 Rate of dividen d.............. (12p. c.) Balance, surplus........ 228,700 1892. $ 4,400,944 2.809,434 (63-80) 1,425,931 2,637,949 1,591,510 207.877 199,238 230,873 ............ ......................... 1,080,000 2,100,000 840,000 (12 p.o.) (24 p.e,) (I2p.e.) 138,057 338,711 520,637 •Includes depreciation horses. 813,859; reconstruction of State. Street, *50,781; reconstructing Cottage Grove $38,078.—Y. 61, o. 966 N orth C liic a y o Street R a ilro a d . (Report fo r the year ending December 31,1895,) A t the annual meeting the old board of directors was re elected. la his a o n u il repor; President Yerkes said: General Results .—Compared w ith the year 1891 the net earnings amount to $997,137, which is $314,483 more than last year. There waa during the year 1895 about 58 m iles of track changed fro n horse to electric track, so that at the present time the trackage consists of 17 m iles of cable, 66 miles of electric and 3 miles of horse-car track. The bu-iif. -s of the com pany was very much interfered with and the expenses of the lines changed to electricity augmented by the fact that the changes were being made. It was not uotO the year was more t'ian half spent that we were running the electric lint s under fa ir conditions, and since the com mencement the im provement has been rapid. The change from horsepower to electric, even under the disadvantages which surrounded the change, has reduced the perc mtage of expenses to (tie grots receipts to 48 71 par cent, against 54-33 last fyear. W ithout question the stockholders w ill get 12 per cent in dividends during the present year, and perhaps something in the way of an extra dividend, j F in a n c ia l, —After reading the report Mr. Yerkes said: In j addition to the surplus there is yet due the com pany from the North Chicago C ity R ailw a y. w hich is leased by the North ‘ Chicago Street Railroad, $850,000 in hoods, to pay for im j provesjeot* upon the line#. T h is would belong to the stockI holder#. The original i«Htu» waa $2,500,000, (Jf that amount j $1,850,000has been issued for improvements, * ‘ Mr. Yerkes was asked regarding the guaranties which the ; company had given the bonds and stocks of other companies, l He said the bonds of the North Chicago Electric had been guaranteed so far as pertained to Lincoln Avenue, and the North Chicago Electric had a lease from the North Shore Electric, under which the latter carried alt its down-town passengers to the lim its barn. S ta tis tic s —The mileage of the cable cars for the re ar was ‘ 5,233,000, of the electric lines 3,727.000 and of the horse-car line* 1,727,000. The cost of operating the cable lines was 12-55 cents a m ile; the electric lines 11 cents a m ile, and the horsecar lines 20 cents a mite. Of the gross earnings in 1895 $1,082,793 were from cable. $870,285 from electric and §391,Chicago C ity R a ilw a y , 277 from horse-car lines. Operating expenses per passenger for entire system 3 "8 cents. fR ep o rt f o r the year ending Dec, St, 1895.) The follow ing are results for the year as co m p lied w ith A t the annual meeting last week President W ooeler, ac previous years; cording to the Chicago Tribune, made the follow ing state 1893. 1891. Years ending Dtr. 31— 1895 ment: $3,101,143 *2.565,618 Gross earning* .............. .♦2,780,487 General Results.—The C ity R iQ w a y carried last year a to Operating expense*....... 1.312,107 1,412,758 1,347,326 tal of 99.8 Mi,461 paying passengers, an increase over the p re SI,639.393 $1,213,292 earning* ............ *1,408,330 vious y -a r of 4,011,474. The cable lines showed a fa llin g off I n tNet 533.382 471,252 , rental*, taxes, A c .. 465,048 of more than 1,000,000, and the horse-car lines a fa llin g off *1,154,510 Balance for divid'd*- *997,123 *752,6*4 of almost 14,000,000 passengers. T b it was more than com pensated, however, by the Increase in passengers carried on Dividend* pal l ........ (12%) 659.921 (12%) 659.913 ( im % ) 613,574 the electric tines, w hich was 19,013,201 in excess of the traffic $535,936 Balance, surplus....... *337,2)0 $92,731 on the electric lines during the preceding year. The total accumulated surplus was $1,094,281, from w hich Mileage.—The company during the year constructed only the extra dividend of 20 per cent was declare 1, leaving a net 1'75 miles of new track; 3 i } { miles of electric lines were re- surplus Jan. 1, 1896, of $394,281,—V . 02, p. 139. laid with new rails. The present mileage of the company is: Cable, 34 m iles; electric, 1 17 m iles; horse car, 9 miles, m ak W est C h icag o S treet R a ilr o a d . in g ® total of 162 mile-g cars owned, 1,795. ( Report f o r the year ending Dioembtr 31, 1895.) New Stock. Etc .—The proposition to authorize the increase in the capital stock from $10,000,000 to $12,000,000 was A t the annual meeting last week the old directors were r e adopted unanim ously. Regarding the disposition of the elected. President Yerk-»s made a statement to the stock money derived from the sale of this stock, it was stated the holders w hich, as reported by the d a ily pipers, is given below, company contemplated the building of 39 m iles of new elec Mr. Yerkt-s sava in substance : tric lines, for w hich franchises had already been secured. Elevated R R Competition.—The business of the road was Fo r this it waa expected $1,000,000 would lie needed. Last very much retarded, us is alw ays toe c u e when the motive year there had been expended mare than $1,800,000 in im power of a street railroad is being changed. TI 19 opening of provements. It was possible the entire $2,000,000 m ight be the Metropolitan Elevated Railroad also tended to take from issued if needed. The old directors were re-elected. The the company p ractically its n itural growth for one year— new stock, it is said, is not lik e ly to be issued u n til J u ly . about 10 per cent. Fortunately, however, the decrease in ex Statistics —The car mileage on the cable lines was 14.872.- penses caused a very substantial gain in. the total amouut of 69'}; on horse cars, 1,542,360, and on electric cars, 5,526,760, net earnings. Electric Lines Completed ,—There has been substitute! for m aking the total mileage of the entire system fo r the year 21.941,900 miles, or an increase of 89i,490 m iles for the horse car track 108'28 miles of electric track, and new exten twelve months. The increase in the mileage of electric Haw sions of electric track built 13 40 miles, m aking a total at the was 3,876,500 miles, but the decrease in the cable and horse present time of 40-44 miles of horse car track, 12P 72 miles of car mileage amounted to 2,783,010 miles. The cost of opera electric track, and 30-42 m iles of cable track, being a grand tion for each car m ile was as follows; total of 201-58 m iles of track. I t m ay be considered ad van- [You LXII, THE CHRONICLE. 184 taceouB to change fifteen or twenty miles more of horse car track to electric, but this is a matter for the future to deter mine. Owing to the failure of the contractors for material to supply us, we were obliged to postpone the opening of our different lines until the latter part of the year at irregular in tervals from October to December. The electric lines are now, however, in good working order, and there is no reason whv the profits of the present year should not be considerably in excess of those of the past, and the amount of new con struction work to be done during the present year will amount to but little. , . F inancial .—There is no new issue of stock contemplated at all. We have now $13,000,000 of stock, and I think that is plenty to pay dividends on. And I do not anticipate any more debenture bonds unless it may be a few to clear up with. There are $4,000,000 of debenture bonds now outstandin£« —The company is reported to have a considerable! floating debt, but Mr. Yerkes would say nothing as to its amount. In 1895 the operating expenses include for maintenance of way, $99,758, against $139,280 in 1894; for maintenance of cars, $92,863. against $106,448; for motive power, $526,698, against $756,768. „ , Statistics .—The comparative results for four years are as follows 1895. $ 1.201,477 Opetating expenses___ 2,267,196 1894. $ 4,181,237 2,518,627 1892. 1893. $ $ 5,235,634 4,620,225 2,892,983 2,687,311 Net earnings........... 1,934,281 1,662,610 2,342,651 1,932,914 941,749 895,075 Fixed chan e s : Rental of leased roads Coupon Interest......... Other Int. ami taxes.. 490, roo 241,813 169,702 902,015 1,032,26 6 Dividends paid............. 791,340 Total fixed charges. Balance.................. sr.240,926 fluriilusprevious year.. 1,481,693 Total snr p. Deo. 31. 1,722,619 — V. 62, p. 39. 490,500) 240.862 128,109 See I nvestors’ Supplemsnt, issued to-day, for steam roads and miscellaneous companies. Note .—Pull-face figures refer to Vul, 62. Street Railways (Con.V Street railways. Volumes 61 and 62— Page. Volumes HI and 62— Pat-. Asbury Park & Bolmar....recsitierl012 Pt. Wayne (Ind.) Electric....reora. 983 Brigantine Transit.......... receiver 137 Houston City St,. Ry........... reorq. 8 4 Chattanooga Electric.............sale U ' t Long Island Trac.. .sate 1013,1085,1155 Chi. tc SO. Side It. T. plan 1012.1083,137 Milwaukee Street Ry— ..sale 1155, -l O do do Com. 10113, 1108,1151 Nashville Traction..................sale 85 Portland (Ore ) Consol. St— p an 8 6 Colonial Elec. St. Ry. (Kingston, N. Y.)........... .sale 106* Seattle Cons. St. Ry....... reorq. 9 6 8 ,1118; Consul. SL Ry (Portland, O.l.forecl. OM Water. & BrownvilleSt. Ry..recur. 1032 Dallas Consol. fS t.............. plan 1013, 1108 West End St. (Rockford. 111.)..sale 9-4 895,075 941,749 1,400,902 1,037.839 7 25,000 £91,559 859,471 803,139 1,184,298 df.381,159 sr.409,343 l,8o2,851 312,839 1,481,693 Edison Electric Illuminating Co. of New York l R ep ort f o r the y ea r ending Dee, 31, 1S95.J Earnings and expenses for the year 1895 compare with the previous year as follows; 1895. $ .1,563,778 759,473 1894. $ 1,402.010 674.S69 . 804.305 Income from investments and controlled cos . 111,453 747,141 62,325 268,550 780,4^6 207,266 . 647,203 . 476,280 582.200 476,196 . 170,928 106.004 Gross carnin Operating an,d£ The full am ual report will be submitted at Ihe meeting Feb. 11. The actual earnings uoon the stock w-re 8-l per cent, but from the surplus, following out the policy of the company, a liberal am uat will be carried to the credit of plant depreciation account. The company will pay on Feb. 1 its forty-third regular quarterly dividend.—Y. 60, p, 1145. Edison Electric Illum inating Co. of Brooklyn. ( R eport fo r the y ea r end ing Dec. 31, 1S95.) Earnings and expenses for the late year compare with the previous year as folio vs. Extracts from the annual report of the company will be given in the Chronicle next week ; EXPENSES AND CHARGES. 1895. 1894. $421,074 . . . . 3*3,707 234,198 .. . . $237,442 Dtd net— .... — V . 60, p. 1145. GENERAL $33,750 1893. $325,434 17*.861 $186,876 36,539 $14^,573 22,485 $223,406 $169,058 $25,000 168,750 $25,000 98,275 $193,750 $29,658 $123,275 $45,783 of income Dec. 31, 1895, was $-19,113. IN V E S T M E N T NEW S Reorganization Plans, Etc.—The following is an index to all statements relating to defaults, foreclosure sales, reorgani zation plans, reorganization committees, payment of coupons, and receiverships, of the principal companies, that have been published in the Chronicle since the last editions of the I nvestors’ and the Street R ailway Supplements were issued, all earlier facts of this nature being set forth therein It does n ot, however, include matter in to day’s Chronicle. J ( t n following abbreviations are used: P la n for reorganizaUtlca BeltLta.—d-1U9tnient plao; couP- for coupon payments; d ef. Oot. l to Dec. 31. a - f ° r committee. Jan. 1 to Deo. 31 ^ u arterly _ .—E arnjngs for the quarter ______^ Albany _______ Rail w a,y.— Q and the six months ending December 31 ;have been reported as follows: N et 3 months Gross 1 Net Ollier Interest, Balance, Bend. Dec. 31. earnings, earnings, tnsome. /axes, etc. surplus. *895 ................ $131,981 $48,054 $424 $2t,457 *27,021 1894 ................ 122,196 36,956 186 22,579 14,563 6 m o n th s — 1895 .................$275,128 1894 ............... 248,719 —V. 61, p 829. $112,248 76,460 $864 2,814 $43,894 47,952 $69,218 31,322- Alberta Railway & Coal—R eorganization. —Notice is given that in pursuance of section 15 of “ The Ylberti Railway De benture Stock Act, 1895” (5$ and 59 Viet., cap. 45, o f the Canadian Parliamen ), the 6 per cent first mortgage deben tures, together with the unpaid coupons, have been called in by the directors for the purpose of being exchanged for “ A” debenture stock and “ B” debenture stock in the proportion* specified in the Act. The debentures and coupons are to be delivered up forthwith to the Trustees, Executors & Securi ties Insurance Corporati >n (Limited), ia order that the corresp -nding stock certificates may be prepared. Akron Bedford & Cleveland E lectric RR.— New Stock.— A meeting will be held Feb. 15 to consider increasing the capital stock from $300,000 to $1,000,000, in order to extend the road from Cuyahoga Falls to Akron, and for other pur poses.—V . 61, p. 870. Allegheny Traction.—Consolidated Traction.—L ea se.— According to a Pittsburg paper, the stockholders of the Allegheny Traction Company will soon vote on a proposition to lease their road to the new Consolidated Traction Co. Anthracite Coal Roads— Committee A ppointed. —At th& meeting of the Presidents of the anthracite coal roads on Thursday a committee consisting of E B. Thomas, President of the Erie; J. Rigers Maxwell. President of the Central of New Jersey and E. R. Holden, Vice-President of the D. L. & W ., was appointed to prepare a plan for dividing the tonnagefor 1896. Statements presented at the meeting showed that the output of anthracite for the year 1895 aggregated 46,545,761 tons, contrasting with 41.391,200 tons in 1894, or largely in excess of the demand,—V. 62, p. 137. Aransas Harbor & Northern R R.—Aransas Pass Termi nal RR.—Incorporation. —The Aransas Harbor & Northern RR. Co. has been incorporated in ihe interest of the company which is engaged in making improvements in the harbor of Aransas Pass, Tex , and it is understood has the right to build 150 miles of road from Aransas Pass to Smithville on the .Mis souri Kansas & Texas and International & Great Northern. Alexander Brosvn & Co. of Baltimore are identified with the enterprise. At Washington, D. C., the committee on rivers and harbors has reported favorably the bill granting the Harbor Improvement Company three years more time to complete the work of dredging the harbor.—V. 61, p. 7' 3. Atlantic & Pacific— Ytcliison System.— Foreclosure Suits, —At Phoenix, Arizona, on Saturday, Jau. 8, Judge Hawkins, in the United States Circuit Court, graate 1 the motion made on the part of the second mortgage bondholders to consoli date the first mortgage bondholders’ action with the proceed ings already begun by the seconds. The Court held that all equities and priorities could be better taken care of in the original proceedings, avoiding large complications. The United States Trust Company, trustee under the first mort gage, was seeking to obtain possession of the property and a separate receiver for the benefit of tlie firsts. Of the $5,500,000 second mortgage bonds outstanding, the Atchison Topeka & Santa Fe owns $2,750,000 (deposited under the gen eral mortgage of 1889), and the St. Louis & San Francisco owns $2,297,000 (pledged under its consolidated mortgage of 1890), leaving $153,000 in the hands of the public. Because of their interest in the seconds the Atchison and St. Louis & San Francisco oppose the separation of the foreclosure suits. The Circ .it Court for New Mexico, however, two weeks ago refused to consolidate the two suits and appointed Charles W. Smith receiver. The hearing on the resignation of the old receivers will come up in the Arizona circuit next Tues day.—V. 62, p. 84. Baltimore & Lehigh RR.—Annual M eeting. —At the meet ing this week Mr J. Wilson Brown was elected President. The earnings for the six months ending Dec. 31, 1895, were reported as follows: Gross, $74,593; operating expenses, $51,993; net earnings, $22,600.—V. 62, p. 39. Baltimore & Ohio RR.—New President —John K. Co wen, previously general counsel, was yesterday elected President of the Baltimore & Ohio, succeeding Mr. Mayer, who tendered his resignation several weeks ago.—V. 61, p. 1153. Beckton Construction — Union Gas (B rook ly n )—P « r chase .—Under the agreement with the Union Gas Co., the Beckton Construction preferred stockholders receive for i’HE CHRONICLE. J a k t j a x y 25, 1896.; th eir preferred stock 50 per cent of its par value in bonds and 50 per cent (and possibly a little more) in stock of the U n ion Com pany. O f these atnou its the^bonds and 30 p r cent In the stock have already been paid over.—Y . 61, p. 1066. B rig a n tin e T r a n s it .—R eceiver Changed . - O n Monday Charles Y . B . Joline was appointed receiver of this com pany, replacing Judge Thompson, previously appointed.— V . 62, p. 137. B ro o k ly n R ip id T r a n s it -L o n g Is la n d T r a c t io n - R e organized Company.—A t A lb a n y the B rooklyn Rapid T ra n sit Company died articles of incorporation. I is capital is $20,000,WO, The directors are W . C. B ryan t. Horace G . D u v a l, W . W . Goodrich, John D . K e illy , Tim o th y S. W il lia m s and C . L . R oisiter of Brooklyn, E . L . Britton, W . F, Creed, Frederick S. Flow er, Otto Z inker, j r , Thomas R *nw ieb, Flo y ® V a il and James N. W allace of New Y o rk C ity. The new company is formed as successor to the Long Island Tractio n Co., whose assets were recently sold in foreclosure, and which is being reorganized per plan in V . 60, p, 1145.— Y . 61, p 1153. B ru n sw ic k Com pany .—Receiver A p p o in ted —On Ja n , ID this company, of Brunsw ick, G a-, was placed in the hands of J , N. T a lle y .'of Macon, as receiver, on the application of the K nickerbocker Tru*t Com pany, of New Y o rk , holding $300,000 first mortgage bonds. B uffalo T ra c tio n —K in g s, CJueens & Suffolk R B . —Certifi cates Refused —To both o f these companies the Board of R tilroad Commissioners of this State has refused permission to build their proposed lines. The service given by the existing companies, it is held, is sufficient, the Long Island road run n in g frequent trains between Brooklyn and F a r Rockaw ay, and she Buffalo C ity R ailw a y a ll <ltling ample transportation facilities in the city of Buffalo.—V , 61, p. 814, 1153. Cape F e a r & Y a d kin V a lle y HR.—R eorganization.—The B aliim o re reorganization committee met yesterday at No. 10 South Street, and were inform ed by their counsel. H e a r . Cowen and Cross, that application for & decree of sale would be made early In February. It is to this end that the com mittee has been d ilig ently w orking, and confidence was y e terday expressed that the railroad property would be sold as a whole .— Baltimore Am erican, Jan . 22. C a ro lin a M id land R y .—Greenwood Anderson & Western R y .—Lease. —On Frid a y , Ja n u a ry 17, possession of the Caro lin a M idland, extending from Allendale to Severn, 8. C ., 55 mile#, passed, underlease, to the Greenwood Anderson & West ern R y. Co. Extensions may be b u ilt toward Greenwood and srhapa to Charleston or Savannah. Col. M ike Brow n, who is ice-President of the Carotin* M idland, is President and Treas u re r of the new enterprise. C e n tra l Verm ont R U .— Earning*.—Earning* for the (Leal ye a r ending June 30,1885, compare with the previous y..ar as fo llo w s; f Tear Grots me!. June 30, earning*. 1894-05.........................toe.tivo 1893-94....... 5.245,053 N et ea r n in g *. $ 1,547,000 1,538,059 In terest, tar t , etc, * 1 .5 2 8 .1 8 0 1,580.540 Bet! m e t , su r p lu s. *10.880 5,513 185 ber 3 !. the earnings and expanses for the month of Decem ber, 1895, being estimated. 6 >»oi>*. Gross Xel Fixed Cash tnt on Balance, end. Dee. 31. earnings, earnings, charges, deben. stock, 6 mos. 1895..........$1,378,345 $705,149 $377,757 $151,548 sar.$168,844 1891......... 1,963,802 500,752 309,247 115,608 def. 14,103 The “ fixed charges” include rentals, taxes and interest on priority loan and floating debt. Interest on debenture stock, whi~h was payable in scrip, amouuted to $74,783 in the 6 months of 1895. against $75,316 in 1894. Regarding these figures, the official circu la r says: From sneti a report as that for 1391-5 it Is pleasant to turn to the aeoouuts for the la-t six month*. But for the extra outlay on main tenance of w >r and eanlpm-nt, th* surplus would of o rarse have been larger, hut this expenditure was necessary In the p-rm m ent interest at the stockholders. I should have been glad to tell the holders of preferred stock A that they were about to receive a dividend, however small, but to face of the preceding year’ s deficit, and tile necessity the company was under to borrow money, this o f course is impossible. The prospects for the present half-year, though not equal to those of the last, are fair. We m >v reasonably expect to sorer our debenture stock interest, but you will remember that railway earnings are always hoi slier in the ilr-t thin in the second half of the calendar year. Financial Needs .—To place the road in position for economical operation, the circu la r says various improvements are proposed, w hich i: is -stim ite d w ill cost $632,358 as follows: Bridges and ties, $118,258; additional term inal accommo dation, side tracks, w idening of embankment, & c.. $120,100; improvements and additions to ro llin g stock, $162,000; reduc tion of grades, $253,000. To this am ount m ust be added $526,680 for existing liab ilities as follows: Loan of £70,000, $340,090. an ! equipment warrants m aturing from Ju re , 1896, to June 30. 1297, inclusive, $186,630. The total requirements are therefore $1,179,038, of w hich there w ill be provided by the scrip dividend for 12 months, J u ly l , 1890, to June 39, 1897, $150,(W0, leaving $t,029,088. The company would have no d ifficu lty in arran gin g the extension of the sterling loan, bu for the improvements it needs fresh money, say about £135,000, and this the board desires to obtain on promissory notes “ running for not less than three or over five years Site p e r cent F ive-Y ear Notes .—To provide for part of the above-named requirements the R a ilw a y Com pany, through the London finance com m iitee, invites from shareholders applications at par for £ 13<>,000 six per cent 5-year notes, part of a total of £300,009 authorized. The rem aining £ TO,000 are reserved for the holders of notes shortly m aturing, the ma jo rity of whom have expressed a desire to exchange their orrsent notes for the new issue. Paym ents are to be made as follows: On application, 10 per cent; 10 per cent on allot ment; 20 per cent A p ril 1. 1896; 20 p -r cent on J u ly 1, 1896; 20 per cent on Oct. 1,1896, and 20 per cent on Ja n 1, 1897, but payment in fu ll m ay be made at the date of any instalm ent.— Y . 61, p. 555. Chicago * South Sid e R a p ’ d T r a n s it .— Extension Bond holders' Committee,—A permanent committee appointed to look after the Interests of the extension bondholders consists of E B uckingham , W . B. W alke r, Joseph L»iter, George E . Adams and E L. Lobdelt. So far $1,800,000 of the outstand ing $3,900,000 of extension bonds are reported to have been promised the committee. Thia gives more than a m ajo rity before the formal agreement is prepared.—V . 62, p. 187. Chicago W isconsin & M innesota R y .—W isconsin C e n tra l. —Dividend.—A dividend of $30 oer share has been declared on the 15,660 shares $1,560,000) of 6 per cent cum ulative pre ferred stock of the Chicago Wisconsin & Minnesota, payable in Wisconsin Central Improvement bonds of 1891, due M ay 1, 1981. The dividend is the first that the company has paid, and is ordered as of Nov. 1, 1895, to cover the accum ulated dividends from March 1, 1886, to March l , 1891. The W is consin Central o-i June 30. 1895, own-*d 2 ,15 ! shares of the oreferred and 1,691 shares of the common stock of the C . W . & M,, both lots pledged with t in U sited States Trust Com pany as part security for receivers’ certificates.—V . 61. p. 924, and C h e s te r* L e n o ir R R .— Receiver A p p oin ted .—O x T h u rsd ay M ajor G . W . F. H*rper, Pr-w d nt of the cum party, w»< a p pointed its receiver in a friendly su;l brought to facilitate reorganization. It is further stated that while the bondhold ers have not yet received their Jan uary interest, thev w ill do so w ith very little delay. Chicago & A tchIsoa B rid g e— Bondholders' Committee . — The bondholders' committee, consisting of Messrs, F . W. Felton, President of the Citizens' Saving & Loan Association of Cleveland. J >bn J. Shipherd. of C . H . Potter & Co., and H , P. E«*ll-*, calls for deposits of the bond* of the company of both classes with the Citizen*’ Saving & Loan Association of Cleveland. Ohio, according to the terms of an agreement fo r mutual protection.—V . 61. p, 558. V. 62, p, 139. Chicago B u rlin g to n & Q tin cy R K .—Quincy A lton A St. C mey Is la n d A B ro o k lyn R R .—Quarterly— Earnin gs for Louis Bonds.—The bonds of the Qutnoy Alton & St. Lo uis the quarter and the six months ending December 31 have due tub. 1, 1896, w ill be purchased at their face value, on and been reported as follows j afteT that date, at the office of the Farm ers' L o in & Trust Oraas 3 months Interest, Balance, Net Other Com pany, New Y o rk, or at the office of the 0 . B. & Q. Com end Dee, 31. earn*at. earn*as. surplus. income. ta ro, etc. 1895.................. $70,544 pany in Bieton,—V . 60, p. 1057. $16,426 $3,531 * 3,913 *1,018 C h ’c jg o Gas co n so lid a tio n .—O i Monday holders of proxies on a m ajo rity of the stock of the leading companies controlled b y the Chicago Oaa combination voted to iner. e their respective companies into a new corporation, to be known as the Peo ple's Consolidated Gaslight & Coke On. The e in panics to be -Consolidatedare; C h icag o G taligbt& CokeCo., Consumers’ Gas C o., Equitable Gaslight & F V 1 Co. and the People’s Gaslight « Coke Co. Secretary of State Hm richsen of Springfield, III., subsequently refused to issue a license to incorporate the new company on the ground that the consolidation is ill-g a l. The parties interested w ill geek to obtain an order from Court requiring the license to be issued.— V . 62, p. 84. Chicago G en eral R a it w a y —A nnual Statem ent .—Thia company for the year 1895 reports gross receipts $82,082; operating expenses and fixed charge*, $81,331; balance, su r plus, $ < 748. The number of passengers carried d u rin g the year was 1 , i 46,112 against 955,329 in 1894 and 28.559 in 1893. The increase for 1895 over 1894 was 83 per cent. —V. 01, p. 924. Chicago Grea* Western R y .—Semi-Annual Statement.— i he folio n n g statement is for the six months ending Decem 1894 ................ , 01,768 6 months— 1894-95 ........... .*205.3fU 1893-94 ............ . 177,573 - V . 91, p. 793. 10,020 015 12,308 5,127 $89,420 70,365 $1,331 999 $26,808 23,803 $63,888 47,501 B a lia s C ity Street R y .—B a lia s Consolidated Tractio n* —Reorganized Company .'—The D allas C ity S-reet R y . Co. ha* been organized with a capital stock of $350,000, pursuant to the plan in V . 01, p, 1107, to take over the property of the Dallas Consolidated Traction R y, Co. I is the purpose of the new company to put a ll the lines under their supervision in first-class shape and as soon as practicable to place electric oarson both E rv a y and Akard streets and M cK inney Avenue. The officers of £ha new company are: Channing M. W ard, President; H en ry Garrett, Secretary and Treasurer; board of directors. F ra n k ’ P C la rk , W . H . Blackford, John G ill and George Jenkins. Baltim ore: Godwin L Blackford, Denison, Te x.: C. A . K eating, J . T . Trezevant, Channing M. W ard and H enry G irre tt, D allas. - V . 61, p, 1107. D u ln tli A W in n ip e g R R .— Foreclosure Safe.—A t D uluth# M inn,, Jan. 17, Judge Nelson made the final decree for the sale of this road under foreclosure of the first mortgage of 186 IHE CHRONICLE. 1889, for $3,000,000. This mortgage is held to be a first hen on the entire property. The property is to be sold as an entiretv, at a date to be fixed by the Master Commis sioner. All bidders must deposit $100,000 as a guarantee of good faith. Th* bonds of the Safe Deposit Co. of Baltimore, amounting to $5,000,000, are ordered to be delivered up for cancellation, being invalid. The Canadian Pacific road, it is expected, will control the property when reorganized — \ . (50, p. 319. Erie Railroad.—L istin g . —This company’s first consoli dated mortgage -1 per cent gold prior lien bonds of 1896 for $15,600,000 have been listed on the New York Stock Exchange. An abetract of the mortgage securing these bonds was pub lished in the C hronicle .— V. 63, p. 86. A n n u a ! Statem ent.— T he application to the Exchange gives the following statement of earniDgs: r c a r e n d i n g — S ept. 30/95. S ep t. 30/94. S ep t. 30, ’93. S ep t. 30,’ 92 Gross earnincft. .$‘29,207,014. $28,813,513 $34,194,853 $35,239,692 Oper. expenses. 22,207,987 21,430.399 23,899,233 25,556,820 Netearninga.. $6,999,057 $7,383,113 $10,295,620 $9,682,872 The application further states: These figures must be varied each year according to the results of the operations of the coal companies operated by the Erie, anu also according to revenue derived from one or two other sources. The ascertainment of exact results is therefore very difficult; hut it is believed that the following statement of real net earnings, from all sources, is conservative, viz.: 1895.......... $7,100,000 I 1892......... $9,450,000 I 1889......... $9,550,000 1894.......... 7,400,000 ! 1891......... 9,850,000 1888......... 9,350,000 1893 ......... 10,050,000 |1890......... 9,650,000 |1887......... 9,350,000 The net earnings for 1895 might properly be stated at a larger sum, but owing to the lack of other funds the receivers have had to treat certain payments for now equipment and other like items as a part of operating expenses. The net earnings from 1887-1892, inclusive, in clude an average of perhaps $750,000, derived from Lehigh Valley trackage and other sources now discontinued, but the growth of bus iness in other directions is now largely, if not entirely, oflfsttting this item. The fixed charges for the next two years will be approximately, in all. $7,560,000. Thereafter, the interest on the general lien bonds will be increased $300,000, to which, of course, must be added interest on such moderate expenditures for capital account as may he made from year to year, for which bonds are reserved as stated below. In cluded in the new fixed charges is interest on some $5,000,000 in tended to be spent in improving and adding to the property. This ex penditure is expected to enable the company to increase its business and also to transact it with greater economy than heretofore. The company’s first balance sheet is now in course of preparation, and will be furnished in the course of a few weeks.—V. 62, p. 84, 86. Galveston La Porte & Houston Ry .— R eceivers' Certifi cates. —The receivers have applied for permission to issue |Vol . OENERAL BALANCE SIIEET, JULY 31. 1895. $8,984,221 «al estate, raaohinery, &o ...... 825,679 Cashinbank............................ Bills receivable, <Sro.................. ■ | 2,327,629 8tock in trade...................... --. 8,306,992 Balance (good will, patents, &c) Assets— l x i i .T I 1894. $8,934,221 309,706 2,400,753 8,667,780 .$20,444,521 *20,362,460 Capital stock...... ...................... Debenture bonds..................... Time loans....... ..................... . Current accounts payable........ ,.$18,000,000 108,000 . 2,300,890 35,631 $18,000,000 115,000 2,218,414 29,046 Total liabilities.................... .$20,444,521 *20,362,460 Total assets................... . L ia b ilities— - V. 61, p. 325. New Britain Trolley— Decision.—The decision of the Su preme Court of Errors in Connecticut recently in the case involving the right of the city to tax this company’s entire gross receipts, is of more than local interest and is worth recording. The company built an extension and the city, instead of merely imposing a 2 per cent tax upon the earn ings of such extension, undertook to collect a 2 per cent tax on the entire gross receipts of the road. This, the Court holds, the city had no right to do under the law of 1893. New Fngland RR.—Boston & Albany HR.—S tock O w n er ship —A director of the Boston & Albany i8 quoted as saying: It is true that the Boston & Albany is a part owner o f the block of New England Railroad stock held by Cornelius Vanderbilt in the in terests of the New York Central. Tne Boston & Albany Railroad has bad .or some time *1,000,000 cash in its improvement fund, and it bought 25,000 shares of this New England stock o f Mr. Vanderbilt, but the representation of this stockor anyuse o f it will be had jointly with the New York Central interests. We are not seeking any new alli ances or to secure control of any other roads. We bought the New England stock as a matter of protection o f our property against the encroachments of the New York New Haven & Hartford road.— V. 61, p. 829,967. New Orleans & Southern R R .—F o reclo su re S u it. —At New Orleans, Jan. 17, a foreclosure suit was begun against this company by the Central Trust Company, as trustee under the mortgage of 1891. The coupons due Oct. 1, 1895, on the prior lien bonds are in default.—V. 61, p. 69. New York Chicago & St. Louis R R .— E a rn in g s f o r Y ear. —Earnings for the year ending December 31, 1895, com pare with the previous year as follows: 12 monlh8, Gross end. Dec. 31. earnings. 1895......................... *6,326,534 1894.......................... 5,636,229 Net earnings. *1,141,308 872,326 Interest charges. *860,000 863,000 Balance. surplus. 281,308 9,326 $250,000 receivers’ certificates. Cash to the amount of $279,A dividend of 5 per cent on the first preferred stock for the 949 is wanted, but $250,000 may he sufficient to pay for bal lasting ($53,400), rolling stock ($78,894) and other expendi year 1895 is payable March 1, 1896.—Y. 61, p. 871. tures required to fit the road for operation.—V. 63, p. 138. New York & Sea Beach R R .— R eceiv er. —This little roa d Kansas City tt Atlantic RR.—B rid g e to K an sas C ity .— was on January 11 placed in the hands of James T. Nelson, as receiver. Interest on its bonds is in default, and a number of Plans are being prepared for a bridge to give this company access to Kansas City. The bridge proposed will be of steel, damage suits resulting from accident on Labor Day are with a lift span 421 feet long, and will accommodate wagon pending. The road is six miles in length, and July 1, 1894, had outstanding $200,000 first mortgage 7s, $194,700 second traffic in addition to a double-track railroad. mortgage incomes and $43,788 of real estate mortgages. Louisville Evansville & St. Lonis RR.—R eo rg a n iza tio n . Norfolk Street RR.—N ew M ortg a g e.— This company has —The report of the expert Mr. Brien has been delayed by his illness. It is understood that this report will be made the filed a consolidated mortgage for $1,000,000 to the Safe De basis for a reorganization plan, which will be announced as posit & Trust Company of Baltimore, as trustee, to secure 5 per cent 40-year bonds. This is the loan authorized last May, soon as it can be formulated.—V. 61, p. 559. Norfolk & Carolina RR.—N ew M o rtg a g e.— This company, Leavenworth Topeka & Southwest. RR.—Decision.—Judge which belongs to the Atlantic Coast Line system, has made Myer in the District Court at Leavenworth, Kans., on Jan.ll, a $500,000 mortgage on its property to the Safe Deposit & decided that land abandoned by a railroad reverts to the Trust Co. of Baltimore, as trustee, to secure 50-year 5 per former owner. When the operation of the Leavenworth road cent gold bonds dated Jan. 1, 1896.was suspended two years ago, a farmer fenced in some ten acres of land that had been taken from him by condemnation Northern Ohio Ry.—Lake Erie & Western Ry.—L istin g . proceedings, including the railway line therein. Later the —Northern Ohio first mortgage 5 per cent gold guaranteed road resumed operation, and his fences being torn down he bonds for $2,500,000 have been listed on the New York Stock brought suit with the result indicated above. The case will Exchange.—V. 61, p. 791. be appealed.—V. 58, p. 716. Pacific Short Line Bridge—Sioux City B ridge—B r id g e Lehigh Valley RR.—A n n u a l M eeting. —At the annual O pened. —The Pacifio Short Line bridge over the Missouri meeting on Tuesday the old management was endorsed by River at Sioux City, la., was opened Jan. 21. The bridge has an overwhelming majority.—V. 62, p. 134, been in course of construction for six years, and is said to have cost nearly $1,800,000. The length, including two fixed Little Rock Si Memphis—Sale P ostp on ed . —The sale of this spans with a draw at either end, is said to be 1,940 feet, and road set for the 22d inst. was postponed for thirty days._ with trestle approaches it is 4,140 feet. The structure is 50 feet wide, with railway and street car traoks, wagon roads Mobile & Ohio RR.—S em i-A nn ual E a rn in g s. —Earnin and walk for foot passengers. As originally projected, it was and expenses for the six months ending December 81, 189 intended to unite the Sioux City & Northern RR. with the compare with the previous year as follows : Sioux City O'Neill & Western R R., the mortgage of the latter 6 months Grots Net Fixed covering $2,000,000 capital stock of the Pacific Short Line Balanc end. Dec. 3\. earnings. earnings. charges. siirplu Bridge Co. It was completed by the Credits Commutation 1895..................$1,893,838 *792,439 *529)394 $263,04 Co.—V. 60, p. 1106. 1894................ 1,671,501 663,306 525,156 ____ 138,15 There was expended for equipment and other new proper in the Bix months of 1895 $106,923 against $94,443 in 188 leaving a balance of $158,117 against $43,707. Operating e penses including taxes and insurance were 58-1 per cent earnings in 1895, compared with 60‘8 per cent in 1894.—V. 6 p. 664. Montgomery Tuscaloosa th Memphis Ry, — F oreclosu re Bale.—This road is advertised to be sold in forcljsure on Feb. 3, 1896.—V, 61, p. 830. National LlnBeed OIL—B alance Sheet. —Net earnings for the fiscal year ending July 81, 1895, were $360,788. In Sep tember, 1895, a dividend of one per cent was paid, which was the first dividend since 1891. Following is the general bal ance Bheet of July 31, 189$, compared with the previous year. Peoria Decatnr & E vansville.— R e o r g a n iz a t io n . — No progress is making in the matter of formulating a reorganiz ation plan. In view of the disturbed financial situation it is not thought an opportune time to a9k the stockholders to pay the necessary cash assessment which any plan would involve. The surplus earnings the past year are said to have been only about $50,000 over the first mortgage interest requirement. The property is reported to be in fair physical condition, and only a small amount of receiver’s certificates have been re quired to be issued, some $15,000.—Y. 62, p. 85. Philadelphia & Reading R R.—D ep osits.— The following amounts of securities deposited under the plan were published Jan, 20 by the W a ll S treet J ou rn a l, and are pronounced cor rect, the present amounts being somewhat larger, aggregating * about 88 per cent of the entire issues: THE CHRONICLE. J anuary 25, 1896. J First preference incomes..............$22,336,754 07 out of $23,949,735 Second preference incomes............. 14,178.437 31 out of 16,176,072 Third preference incomes . . . . . . . . . . 13,895,832 38 out of 16,634,462 Stock................................................... 35,542,000 00 out of 41,373,650 —V. 62,p. 139. P ittsbrrg Cincinnati Chicago & St Louis Rj-.—A n n u a l S tatem en t. —The following official statement, partly esti mated, is furnished for the fiscal year ending Dsc. 31: Tear. Gross Earn'yt. 1805......$15,482,288 1894...... 14,263,879 Ret Earn'gs. $4,220,1-76 3,498,359 Ini., R’nt'ls, <#e. $3,199.*65 2,862,866 'Bill., Surp. $1,026,311 635,193 •A dividend of 2 per cent has been declared on the preferred stock, payable Jan. 27. This will absorb about $452,568 of the surplus, leaving a balance of $573,743.—(Eds. j—Y. 62, p. 86. 187 R eo rg a n iza tion .—The Chairman of the House Committee on Pacific Railways has received a letter from Louis Fitz gerald, the Chairman of the Union Pacific Reorganization Committee, in which he says that his committee now embraces a substantially single representation of all Union Pacific first mortgage bonds in circulation, as well as of all issues secured by liens junior to the lien which secures the debt to the United States. Mr. Fitzgerald adds: Tills union of seeurity holders relieves the matter of voluntary reor ganization from every difficulty except that of defining the relatively fair provi-ion which should be made for the claim of the Government. While the neces-lty is pressed upon the Reorganization Committee to enforce the rights nf the first mortgage bondholders in pending fore closure proceedings, the committee believes that it will be its best office to aid in carrying into effect snob proposal for the ere iitable and just «. ttlement of the Government claim whloh may be approved or made by the Committee on Pacific Railroads and maybe carried into the form of proper legislation of Congress.—V. 62, p. 139. Prospect Park & Coney Island RR.—New York Bro >klya & Manhattan Beach—Long Island RK. — Sale o f R o a d .— The Prosfect Park tc Coney Island RR., and the X. Y. Bay United States Book — F oreclosu re S ale— R e o ig a n iz a tio n .— Ridge & Jamaica R R„ with all interests of Andrew R. Culver, have been transferred for a nominal con Referee Frederick R. Coudert, Jr,, reports that the foreclosure sideration to the New York Brooklyn & Manhattan Beach sale realized $59,171. The amount due on the $t,090,000 RR. Co., which is leased to the Long Island RR. Co. This is mortgage of 1890 for principal and interest was $1,184,206. the final step in the negotiation by which the Long Island Practically all o f the bonds have assented to the bondholders’ Company in 1“93 acquired a controlling interest in the stock agreement. A plan has been formulated under which the creditors of the old company have about all agreed to take o f Culver’s Road.—V. 61, p. 469, 871. securities in the new company for their claims.—-See V. 81, p. St. Louis Sc St. Francisco By —L ea sed L in es — Under the 872, 431. ruling of Judge Adams. U. S. Circuit Court, regarding the United States Cordage —F oreclosu re .—The six months de four branch lines referred to in oar last issue. Judge CiHwell has entered an order requiring the receivers to abide by the fault necessary for foreclosure was completed Jan. 1. 1898. leases, which means the payment of ail interest in arrears and The reorganization committee, which has h id to wait for that may accrue during the receivership. The annual re this event, is preparing to foreclose the mortgage and to close quirement is $193,380, and the amount in arrears is about up the reorganization as speedily as possible.—V. 61, p. 1066. $400,000. The receivers are directed to pay the money from Washburn Bayfield A Iron River HR. — New C om p a n y the proceeds of the sale of the main line, if payment cannot an d M ortgage .—This company, which proposes to ouild be made from earnings or receivers' certificate?. The roads in Wisconsin a line connecting the places indicated in its affected are the St. Louis‘ Salem & Arkansas, the Kansas name, has filed a mortgage to secure $249,000 twenty year City & Southwestern, the St. Louis Kansas & Southwestern 5 per cent gold bonds. The Milwaukee Trust Company, it is and the Kansas Midland. The aggregate bonded debt o f the understood, is trustee. The new road, it is said, will be built four roads is *4,502,00). The petition of the receivers to in the interest of the Great Northern road. abandon the contracts of base and guaranty was referred to the Master in Chancery, who was instructed to hear and Trust Companies In New York and Brooklyn.—In the determine the matter. The Master repotted In favor of con tinuing the contracts and keeping the branches. Judge January number of the I nvestors’ S upplement, sent out Adams sustains the report of the Master in a long opinion with this issue of the CHRONICLE, are published the re reviewing the facts and arguments for and against the Mas ports of the trust companies of New York and Brooklyn as ter’s findings. The opinion holds that in view of the value of of Dec. 31 and June 30. 1895, and Deo. 31, 1894. Ths state the branch lines as feeders to the main line they should be ments given below complete the list. retained, and that it is not advisable to dismember the corpusf HOLLAND TRUST COMPANY. It is further held that the Mercantile Trust Co , tbe trustee Resources. under tbe consolidated mortgage, was aoder contract in the Der. 31.-95. June 30,'95. Dre.31,’ 94. event it took possession o f ths branch Hues to pay the inter Block tnves'U (market value)....... $47 *.961 $711,891 $700,553 288.788 280,246 Amount loaned on collaterals....... 261,995 est on the bonds as obligations of the mortgagor before it leaned on personal secnritles....... s.427 11,915 10.408 should apply the net income to the payment o f any interest Real estate (eettmsteil value)........ 288.429 92,766 92,766 on tbe bonds secured by the consolidated mortgage. Cash on h a n d .................... 1,471 2.544 980 47,597 39,021 47,183 R eorga n iza tion . —The reorganization of the St. Louis & Cash on deposit............................... 46.677 Other assets..................................... 42.609 55,492 San Francisco is now being discussed by the large interests. The proposition to proceed with foreclosure and to reorganise Total............................................$1,145,981 $1,196,606 $1,195,135 independently of the Atchison has met with considerable Liabilities. favor. The Atchison, as a large holder of the ’Frisco securi Capital stock............................. $500,000 $500,000 $500,000 229,202 ties, would of course nave a voice in formulating any plan, Mnrpla* fund . ................................ 139,485 203,826 17,388 24,831 15,048 but the final relations of the respective lines to one another Deposits In trust.............................. 174,600 196,360 Gen. deposits paysble on demand. 155,999 would be a matter for negotiation after reorganization. The Other liabilities..................... 301,132 252,195 325,666 new general mortgage of the Atchison provides for the issu Total........................................ $1,145,981 $1,196,606 $1,195,135 ance of bonds to the extent of $20,000,000 in case the ’ Frisco Supplementary. should be acquired. Action as to making this issue may be $17,650 $221 $3,093 taken by a majority of the Board of Directors and two-thirds Tot amt of profltadurlugthe yesr. 5,990 5,050 Int. credited dep's same period... 4.061 of the joint reorganization committee.—V. 62, p. 137. 26,482 Esp of Institution same period 21,991 23,960 153,462 St. Louis Yandalla A Terre Haute R R.—A n n u i l S ta te Am. deais. on which Int. Is allowed. 121,567 108,907 2 to 4 p. 0. l»Sto4p.c. m ent.—T his com pan y is controlled by Pennsylvania RR in Bate of Interest.............................. 2 to 4 p. o. I In liquidation. terests. and is leased for 30 per cent of its gross earnings to the Terre Haute & Indianapolis It reports for the year ending M AN U FACTU RERS- TRUST C O M PA N Y O F BROO K LYN . Oct. 81. 1895, rental received $520,785, contrast! tg with Resources. $494,736 in 1893-94 and $565,424 in 1892-93. After pavmentof all Dee. 3 1 . 1 8 9 5 . charges there was left a surplus for the year of $117,497, from S t o c k I n v e s t m e n t s ( m s r k e t v a l u e ) ........................... ............................ $ 2 3 8 ,3 2 1 4 3 3 ,0 0 0 which 7 per ceDt was paid on the preferred stock for the year A m o u n t l o a n e d o n c o lla te r a ls ................................................................. Amount loaned on personalsecurities...................................... 27,025 1886.—V . 60, p. 34$. C a s h o n h a n d . . . .......................................... 9 ,7 8 7 Terre Haute A Indlanapnlig RR.—Acts Officers .—This Cash on deposit............................................ 2 5 1 .3 2 4 Other assets ................................................................................ 43,811 road passed into control of the Pennsylvania RR. in 1893, but only last week was the old Terre Haute management dis Total.........................................................................................$1,001,068 placed by Pennsylvania officers. Mr. McKeeo, who has so Liabilities. long been President, is succeeded by First Vice-President Mo Capital stock................................................................................ $500,000 tt®*, of the Pennsylvania. A press dispatch says: The an S u r p lu s f u n d .......................................................................................... 5 0 0 ,0 0 0 1 ,0 6 8 nual report was approved but the figures were not made pub U n d iv id e d p r o f it s .......................................................................................... lic. Owing to cotily accidents and heavy expenditures for Total.................................................... $1,001,069 betterments no dividend was declared.—V. 60, p. 84. Supplementary. Union Pacific RK.—C oupon P a y m en t. —Coupons dee Jan. Total amount of profits during the rear.................................. $3,779 none. 1, 1895, ($80 each) from Union Pacific Railroad Company first Interest credited depositors during same period................... Expenses of Institution same period....................................... 1,416 mortgage 6 per cent bonds, with interest accrued thereon, Amount of dividends declared same period..................... . none were advertised payable at the Union Trust Company, No. 80 Amount of deposits on which interest Is allowed................ nons none Broadway, New York City, and at the office of the Treasurer Rate of Interest. .................................................... of the receivers, No. 92 Ames Building, Boston, on and after Monday, January 20, 1896. The interest due Feb. 1 on the colla teral tru st gold notes 6s —The Nederland Life Insurance Company, limited, United of 1891 will be paid as usual at maturity. States branch, publish their annual statement in to-day’s Trust R eceipts L isted — Reorganization certificates o ’ de chronicle . The hoard of trustees is composed of such wellposit for $1,301,000 Union Pacific Railway extended sink known men s b John Crosbv Brown. Amos T. French, John ing fund 8 per cent gold bonds and $31,961 capital stock have D. Keiley, James Brown Potter aDd CharleH E, Whitehead. been listed on the New York Stock Exchange, The applica The gain in suiplus over 1894 is Btated at 18-43 per cent, and tion to the Exchange says: “ No call has been made unaer tbe attention is directed to the fact that tbe assets of the home proposed assessment of $15 per share, and none is likely to be office in Holland are an additional guarantee to policy-holders made until the plan is declared operative.” in the United States. THE CHRONICLE. 188 [Vol. lxu . C O T T O N . F riday Night , January 24, 1896. T he Movement of the C rop , as indicated by our telegrams from the South to-night, is given below. For the week ending C O M M E R C I A L E P I T O M E . F riday Nioht, January 24,1396. i this evening the total receipts have reached 112,395 bales, |against 119,837 bales last week and 135,323 bales the previous Business continues alow and unsatisfactory in character. week, miking the total receipts since the 1st of Sept., 1895, Small traders are calling for lighter quantities of goods than 3,912,230 bales, against 6,018.530 bales for the same period of usual at this time of the year, and the demand upon offer 1894-5, showing a decrease since Sept. 1,1895, of 2,106,310 bales. ings at first hands is curtailed to unexpectedly narrow pro W ed . T h u rs. M on. T u es. FH. R e c e ip ts a t— T o ta l. portions. Compar ttively low selling prices and stocks under S a l. control serve as influences to prevent depressing efforts to 3,196 3,025 2,804 3,678 18,083 4,045 Galveston....... 1,335 realize upon staple commodities. A firmer tone is reported ....... 1,589 1.537 3,126 Tex. City, &c.! ........ ....... upon the market for iron and steel, in consequence of ap parent successful arrangements to restrict the output. There Now Orleans... 5,518 7,712 10,499 6,896 4,812 5,059 40,526 994 2,089 948 1,020 319 6,247 877 Is complaint of slow collections in nearly every division of Mobile............. ....... .... 95 95 trade. A very fair export trade is doing in grain and foreign Florida............ ...... orders for manufactured goods increase slightly. Moderate Savannah ....... 1,717 1,726 2,252 2,644 1,135 1,4 34 10,908 Brunsw’k, dec. ........ ........ ........ ...... ........ 1,014 1,014 arrivals of swine still serve as strengthening influence upon 652 412 837 387 1,152 797 4,237 prices of cured meats. As the week closes a heavy storm, Charleston...... ...... Pt. Royal, &c. ...... ...... ....... ...... extending over a wide areaof country, has impaired telegraphic 639 928 700 369 760 3,396 communication. How far it has interfered with travel and Wilmington__ ...... ....... ___ Wash’ton, &e. 10 10 business is not known as we write. 815 1,292 1,401 9,325 A moderate amount of business has been transacted in the Norfolk............ 2,050 1,479 2,288 247 113 360 market for spot lard and prices have been steady, closing at ....... ...... 6c. asked for prime Western, 5 50o. for prime City and 6 35c. 713 713 ...... N’port N., &c. for refined. Speculation in the local market for lard futures New York....... 950 1,5 3 2 1,592 1,783 760 6,667 has continued at a standstill, but nominal prices have been Boston ............ 5,802 270 374 1,865 1,085 1,538 620 advanced slightly in response to stronger advices from the Baltimore....... ........ ........ ...... ... 1,278 1,278 West, where buying has been general, closing steady. 100 200 237 13 60S PbiladeIpU’a,&e 58 ! T li c C o m m e r c ia l % u n z s . DAILY OLOSnra PRICES OP LARD FUTURES. Sat. J f on. 1'ues. W ed . lhur. January............ ........o. 6-90 ____ 6-00 5-90 590 Frr 5-95 Pork has received a limited amount of attention and prices have been advanced slightly, closing steady at §10 75 a>SU for mess, $10 50@ll for family and $11 50@$12 50 for short clear. Cut meats have been in moderate request and firmer, closing at 5J^@5J£c. for pickled bellies, 13@ 10 lbs. average, 5c. for pickled suoulders and 8>£@9c. for pickled hams. Beef has been firm but quiet, closing at $7 50@$8 50 for extra mess, $9@$10 for packet, S10@?13 for family and $15 59@$17 for extra India mess. Beef hams have been steady, clos ing at $15 50@$16. Tallow has been moderately active, but at a slight decline in price, closing with sales at 8 13-16c. Oleo-stearine has been quiet and unchanged at-5c. Lard stearine has been in increased demand and prices have advanced, closing firm at 6%c. Cot on-seed oil has been in moderate request at about steady prices, closing at for prime crude and 28J^c. for prime yellow. Butter has fur ther declined, but at the close the demand was fairly active and prices steady at 14@'30J^c. for creamery. Cheese has been in fair demand at firm prices, closing at T f4@ l0% a for State factory, full cream. Fresh eggs have further declined, but the close was steady at 17 <i) 17J^c. for choice Western. Coffee found very little natural demand and under constant pressure to secure custom the toDe of the market was tame a'l around. Rio quoted at 13J£c. for No. 7; good Cucuta at n j^ c., and standard quality Java at 25}^@26c. Dealings in contracts for future delivery have been largely a liquidating -of “ long” engagements with prices weak, and closing still in buyers’ favor. The following were the final asking prices: Jan...................l3-20o. I A pril............... 12-50o. July................12-10o. Feb.................. 12-930. May................. 12-40O. Aug................ll-75c. March......... ..12-8:0. Sept .............. 11-SOo 1June............. 12-20o. Raw sugars have shown an unusually strong market at ad vancing cost, but the high rates asked served to check oper ations somewhat. Centrifugal quoted at 8Jge. for96-deg. test and mu?covado at 3 ^ for 89 deg. test. R fined sugars are higher, but sellmg s.imewhat irregularly; granulated qu ited 4 l-5-16c Teas of fine quality steadier. Kentucky tobacco has been unsettled; the choice grades have been in hghtsupply and wanted, but the low grades have been plentiful, and with a slow demand prices have been easy Seed leaf tobacco has been in limited demand at steady pricessales for the week were 1,325 cases, as follows : 200 cases 1894 crop, New England Hnmna seed. 10® 15c., 230 cases 1893 crop, New England Havana seed, 6@7c.; 70 cases 1894 crop New England seedl leaf, 8@ 19c.; 200 cases 1894 crop, State ™SaTlV7®inn ! 10°ia a le8 1898 crop, Pennsylvania Havana, lie., 100 cases 1893 crop, Pennsylvania setd leaf, 85/@ oaoC'' H e n ? 68 189“ . crop, Pennsylvania seed leaf, 9@l0c.; 200 cases 1893 crop, Zimmer’s, 11c., and 100 cases 1894 or »p, Zimmers, lie .; also 700 bales Havana, 69c.@$t 10, and 200 bales Sumatra, 65c.@$2 in bond. ’ . There has been a dull and uninteresting market for Straits i ltnmnn ^ r,lr>nhaT?.-be8Q without important changes, closing at 13 05@l3-10c. For ingot copper there has continued a dull market, but prices have held steady, closing at 9-75@9 85c. lor Lake. L“ad has advanced a trifle and the close was steady at 3 -0 2 '.^ 3 -05c. for domestic. Spelter has continued neglected and price was quoted nominally at 4c. Pig iron has been without change at $11 75@$13 50 for domestic Refined petroleum ha3 further declined, closing at 7-50c in bbls., 5c. in bulk and 8-40c. in cases; crude in bbls has been nominal; naphtha unchanged at 8-25c. Crude certifi^ f n ha8e b,^ e a s ie r , posing at $1 37^ bid. Soffits turpentine nas declined, and the close was weak at 31@31^c. R *s* ms have been dull and unchanged, closing at $1 60@ $1 for common and good strained. Wool has been less active but i*ave held firm. Hops have been in slow demand and Tot’ls this week 13,332 18,278 24,358 18,872 17,054 20,501 112,395 The following shows the week’s total receipts, the total sinoe Sept. I, 1895, and the stock to night, compared w ithl ist year. Jan. 24. | 1 1895-96. T h is W eek . 1894-95. S in c e S ep 1, 1895, S to c k . S in c e Sep T h is W eek. 1, 1894. Galveston... 18,033 745,067 43,830 1,401,873 113,381 200,915 Tex. C.,<fcc. 3,126 642 75,458 15,308 46,678 New Orleans 40,526 1,307,828 76,007 1,911,031 372,864 376,893 Mobile........ 6,247 154,125 11.106 189,994 37,211 40,042 19,911 Florida....... 95 286 17,195 Savannah... 10,903 563,222 21,407 755,061 88,070 84,563 Br’ wick, &c 1,014 90,526 4,893 124,023 2,817 5,119 Charleston.. 225,577 12,897 346,250 4,237 50,296 58,708 41,473 P. Royal,&e 5,838 101,606 Wilmington. 3,396 144,050 4,015 212.373 12,902 11,533 Wash’n,&c. 121 10 706 861 Norfolk....... 9,325 227,260 10,144 366,189 56,492 51,685 West Point.. 360 135,030 4,058 229,366 7,597 14,096 12,623 N’p’ t N., «fec 738 31,114 1,632 713 2,836 34,799 6,201 New York... 92,620 193,179 146,384 6,667 Boston......... 75,399 1,794 5,802 42,678 35,000 36,000 28,392 2,438 Baltimore... 1,273 73,659 19,416 22,055 25,724 1,690 Pkiladel.,&c. 603 75,959 10,485 11,690 Totals...... 112,39513,912,220 213,02616,018,530 1,011,82411,067,395 In order th it comparison may be made with other years, we give below the totals at leading ports for six seasons. R e c e ip ts a t— Galves’n &c, New Orleans Mobile....... Savannah... Chas’ton, &c Wilm’ton,&c Norfolk...... W. Point, <fce. A.11 others... 1896. | 1895. 1894 21,209 40,526 6,247 j 10,908 4,237 3,406 9,325 1,073 15,464 20,028 53,873 6,804 29,79 7,9 6; 2 ,39 ; 11,379 8,25‘ 13,87( 49,472 76,007 11,106 21,407 18,735 4,057 10,144 4,796 17,302 | 1893. | 1892. 19,652 31,801 1,171 5,929 1,204 332 4,611 766 6,303 23,231 51,158 2,926 14,607 4,961 1,858 5,743 4,572 21,55 L 1891. 20,489 67,634 9,357 26,461 12,496 4,077 24,486 13,269 16,834 Tot. this wk. 112,395 213,026 154,35- 71,769 | 130,607 195,103 Since Sept. 1 3912,220'6018,530.4797,04413980,908! 5427,540 5261,659 The exports for the wean en ling this evening reach a total of 138,463 bales, of which 31,586 were to Great Britain. 4,698 to France and 82,179 to the rest of the Continent. Below are the exports for the week and since September l, 1895. E x p o r ts fro m — G a lv e s to n ....... T e x . City, & c.. New O rleans.. M obile & P en . Savannah ....... Brunsw ick....... C h a r le s to n * ... W ilm in g t o n ... W e e k E n d in g J a n . 24. 1890. E x p o rte d t o — G re a t B r i t ' 11. F ra n ce 27,509 3,589 C on ti n e n t. T ot a W eek . 13,242 13.242 2,209 2,269 19,583 50,744 7,528 7,528 9,450 9,450 From S ep t 1, 1895, t o J a n . 24, 1890. E xp orted to — G re a t B r ita in . F r a n ce 286,422 79,010 17.520 2,550 372,772 221,131 40,363 35,386 20,349 37,380 02,543 28,231 1,770 20 405 9,930 6,32-d 140,932 14,930 121.183 38,126 950 1,074 C on ti n e n t. 120,54 < 24,360 302,910 22,590 190,055 15,195 115,274 90,708 4,323 Total. 480,583 44,933 890,822 68,953 251,790 52,581 177,817 12 >,709 21,788 9,930 0,323 282,047 122,892 73,040 15,531 2,9 J9 17,164 1,100 W est P o in t .... N ’ p’t News, &c New Y o r k ....... B oston .............. B altim ore........ P h lladelp’a.&c 918 14,532 4.«>oe 1,291 800 91°. 1,10 j 11,203 20,846 235 4,301 400 1,694 300 T o t a l............. 51,586 i.oy?' 82,179 138,4 '3 1,225,502 347.296 1,002,490 2.035,348 T otal. 1894-95. 177,752 24.290 * In clu din g P o rt R oyai. 01,779 2 <3,827 2,273,593 583,085 1,697.420 4,457,704 17,104 4,009 120,185 1,709 34,570 13,557 THE CHRONICLE JANUARY 25, 1896, j In addition to above exports, our telegrams to -night also give us the follow ing amounts of cotton on shipboard, not oleared, at tne ports named. We add s im ila r figures for New Y o rk, w hich are prepared for our special use b y Messrs. Lam bert & Barrows, Produce Exch an ge B u ild in g . 189 T h e S a l e s a n d P r ic e s o f F u t u r e s at N ew Y o r k are shown by the follow ing comprehensive table. ON SHIPBOARD, NOT CLEARED FOR— J a n , 24 at— Creat O ther B rita in . J'ranee. F oreig n L ea v in g Stock. Coast* wise. Total. 1,000 5,596 2,000 450 None. 7,500 None. None. 47.000 36,307 9.000 15,350 8.000 18, *00 18,600 42.000 325,S64 77,074 75,563 34,446 29,211 37,992 174,579 01,838 New-Orleans... Galveston........ Savannah........ Charleston___ Mobile_______ Norfolk........... New York....... Other ports___ 21,000 19,652 None. None. 7,000 8,500 7,800 25,000 0,000 3,320 None. None, None. None. 450 None. Total 1896... 88,952 9,770 79,989 16,546 195,257 816,567 Total 1 8 9 5 - 116,385 22,037 100,816 12,122 251.360 Total 1894... 111.257 23,236 75,502 10,689 220,704 816,035 901,053 19.000 7,739 7.000 15,400 1.000 2,500 10,350 17.000 Speculation in cotton for future delivery at this market has made little progress during the week. The ru lin g values are considered too low for “short'’ selling, and m a n y previous ventures were covered; but there was an absence of sufficient confidence to induce much inves ing demand. The Saturday's deal was sm all and unim portant, with slig h tly fluctuating rates, closing w ith no special advantage to either buyer or seller, Monday opened with a slightly weak tone and 2 points loss, but with some spot sales to exporters and s lig h ly firmer news from abroad there came reaction, w ith 5-36 points net gain for the day. Tu esd ays m arket opened strong, and fin ally closed at a net advance of 10 pointsThe demand was p rin cip a lly for covering and stim ulated by bullish reports from England regarding prospective consum p tion. On Wednesday theeable advices proved disappointing, under w hich our market reacted 5t§8 points, but yesterday the shorts again became nervous in view of lig h t offerings I for near positions and in covering raised prices 9 -10 points. ! To-day the tone has been unsettled, fin a lly closing at a decline under unfavorable advices from abroad, Cotton on ; the spot ha* sold with more freedom and closes at S3- 18c. for j m iddlin g uplands. The total sales for forward delivery for the week are 748 800 : bales. Fo r immediate delivery the total sale* foot up this week I 8,704 bales, inclu d in g tf,38G for export, 1,944 for consumption j — for speculation and 400 on contract. Th e follow ing ar* the official quotations for each d ay of the past w e e k Jan uary 18 to Jan uary 24. Rates on and off m iddling, as established Nov. 22, 1898, and revised Dec. 11,18 8 $, by the Revision Com m ittee at w hich grades other than m iddling m ay be delivered on contract: Fair...... . ..................... 0. t on. i Good Ordinary...... ,..,c, X nfl 1 Middling fair............. . on Good Middling Tinned... Bren i ..... -- -. : ■: ai . . ; ': . ; ; 8w 4 Mlddltbtr....... ...... -hs on. Middling .stained______ -- ml Strict Lew Middling...... off.! Stride Low 5U4. Stained.. off ! tow Middling.....;....... - off. bow Middling Stained.... iq, off i Strict (food Ordinary...... n ,o t . i On this basis the prices for a few of the guides would be a> ! follows. UPLANDS. MslU Good Ordinary..................... . Low Middling............................ Middling...... . ............................ Good Middling................. ....... Middling F a ir ....................... GULF. W ed 7»,« p i* - & Th, *GI 7»-« 75 « 7G,* 7=6,, 71* if |*i# 8 b . 8 ‘ ,* 8% 8% 9 ‘ t* Oh, 9 «*<» §§-% 9L* 93.* Sat, .non Tne* W e4 T il. Fr 71,# She "l, &• s4* 95,, 7» t% S%«: 8-t 8% 97 6 Good Ordioary............... Low Middling........................... Middling.................................. Good Middlin','........ ............... . Middling fair............................ 8% 95# STAINED. Hmt* Dow Middling....,..... ............... MSddlln*................................... . Strict Middtlm?-.-.............. . Hood Middling T m m ‘A ....... Won 8*,« STs 917# ~v u i> 8*1* 3*# 31,« 7»t* m * S»,4 If'oil f n e * W ed T h . a ft* o|5i* 7»,« 71*,« i *’ *> 7=1, 8*|# S3,* 85,, Krl 7 X1* i« S5,* 7 iUx TWt# 9«’,« & MARKET AND SALES, The total sales of cotton on the spot and for future delivery each day during the week are indicated in the follow ing statement. Fo r the convenience of the reader we also add a colum n w hich shows at a glance how the m arket closed on same days. 8At.es o r sror CLOSED. Erp o rt. Sat’d a y . Quiet Monday, qai®6 A Tuesday Wed-day S S S ™ :: ThnFd’y Steady .............. Friday.. Ctaiet................ Total 1,746 2,61-4 2,000 8,360 and contract . Con- >Spec- Oonmmp. utl'n IraeJ. 16-1 791 334 289 269 97 1.944 Total. 164 2,737 33-1 200 3,103 2,269 97 200 .... 400 8.704 1 F u tu res. I W For exchanges see page 144. of Cotton to-night, as made up by cable and telegraph is as follows, The Continental stocks, as w ell as those for Great B rita in and the afloat are this week’s returns and consequently a ll the European figures are brought down to Thursday evening. B ut to make the totals the complete figures for to-night (Jan. 34), we add the item of exports from, 748,800 the United States, in clu d in g in it the exports of F rid a y only;. 57,500 101,900 179300 129,100 137,200 143,300 T he V isible Su pply THE CHRONICLE, 190 1996. 1895. 1894. 1893. Stock at Liverpool...... bales. 1,111,000 1,471.0001»561,000 1*644,000 8 look at Loudon............................ 5,000 ___6.000 7,000 4,000 Total Great Britain stock. 1,110,000 1,477.000 1,568.000 1,648,000 2,500 Btoek at Hamburg................ 23,000 20,000 20,000 Stock at Bremen. 276.000 273.000 203.000 192.000 17.000 Stock at Amsterdam............ 8,000 10,000 16,000 300 Stock at Rotterdam.............. 200 ,200 7.000 Stock at Antworp.................. 17,000 12.000 396.000 Stock at Havre. ................... 307,000 470,000 426,000 7.000 Stock at Marseilles................ 6,000 5,000 0,000 78.000 Stock at Barcelona............... 68,000 72,000 56,000 7.000 Stock at Genoa...................... 48,000 20,000 i^.OOO 8.000 Stock at Trieste..................... 16,000 17,000 20,000 Total Continental stocks.. 709,200 917,200 773,200 714,800 Total European Rtocks.... 1,885,200 2,394,200 2,341,200 2,36-,800 India cotton afloat for Europe 101,000 24,000 ?j»600 7/,000 Amer.cotton afloat for Europe 379,000 808,000 55o,000 316,000 Kirypt. Brarll, Ac. ,afl Lfor E' pc 44,000 46,000 000 34,000 Stock In United States ports . 1,011,824 1,067,395 1,121,762 l»9??'iort Btosk In U. 9. Interior towns.. 533,688 507,480 420,147 444,9-0 United States exports to-day. 19,604 49,913 12,792 697 Total visible supply.........3,077,216 4.896,988 4.604,901 4,324,268 Of the above, totals of American and other descriptions are as follows: A mcrican— Liverpool stock............bales- 918,000 1,328,000 1,304,000 1,416,000 Continental stocks................ 693,000 816,000 670,000 621,000 American afloat for Europe.. 379,000 808,000 555,000 316,000 United States stock............... 1,011,824 1,067,395 1,121,762 1,089,lo t United States Interior stocks. 533,688 507,480 420,147 444,920 United States exports to day. 19,504 49,913 12,792 397 Total American .......... . 3,555,016 4,576,788 4,083,701 3,887,468 East Indian, Brazil, dc.— Liverpool stock.................... 193,000 143,000 257,000 228,000 4,000 7,000 6,000 London stock......................... 5,000 93,800 Continental stocks................ 76,200 101,200 103,200 77.000 97.000 India afloat for Europe......... 104,000 24.000 34.000 57.000 46.000 44,000 EfeTPt, Brazil, <fcc., afloat...... ___________ ....., ______ 320,200 521,200 436,800 m Total East Tndia,, ............ <fcc....... 422,200 Total American.............. 3,555,016 4,576,788 4,083,701 3,887,468 Total visible supply....... 3,977,216 4,896,988 4,604,901 4,324,268 5 ^d. 4 lid. Middling Upland, Liverpool.. 4i932d. 3d. 91*20. Middling Uplifnd, New York. 5U1|C. 85|fiC. 8116c< 534d. 5516d. Egypt Good Brown, Liverpool 45ftd. 6*4d. 63id. 5iB16d. Peruv.Rough Good, Liverpool 6?i6d. 53gd. 4»iftd. 3316d. Broach Fine, Liverpool......... 451Ad. Tinnevelly Good, Liverpool 43sd. 5571& 33„d. 4*4d. Q uotations fob [ VOL. LXII. Middling C otton O ther M a rk ets . — at Below are closing quotations of middling cotton at Soutlurn and other principal cotton markets for eaoh day o f the week, CLOSING QUOTATIONS FOB MIDDLING COTTON ON— Jan. 21 Galveston.. New Orleans Mobile....... SavanuaU... Charleston.. Wilmington. Norfolk...... Boston....... Baltimore. . Philadelphia Augusta...... Memphis__ St. Louis__ Houston__ Cincinnati.. Louisville... W ed n es. T u es. M on. S a tu r . 713le 713,6 713,6 7l8ie 734 73i 711,6 711,6 711,6 __,H .... 734 77g 83,6 83,8 84 84 87,e 8t,0 7% 74 713,6 713,6 713,6 713,6 713,6 77a 77s 778 77s T h u r8 . 77a 715,0 74 7h ,6 714*4 7ai 77s 83,6 84 8»,6 7131S Zf!10 7 .0 7>3,a 77a 77a F r i. 8 8 778 74 734 778 8 8’ 16 84 8 8 713,6 734 74 T8 8 83,6 84 89,0 8 713,6 7 3,6 713,6 8 77e 715,6 '|?i» 713,6 74 74 734 7.-°™ 85-6 84 8»l« 7i°ia 778 7Ta 778 8 778 715,6 8 8 778 The closing quotations to-day (Friday) at other important Southern markets were as follows. Newberry...... Atlanta.......... 711,6 Little Rook— 73a Montgomery... 74 Raleigh......... 74 Columbus, Ga. 74 Selma............. 7=8 Nashville........ 74 Columbus, Miss 7% 73, Eufaula........... 711,6 Natchez.......... 713,6 Shreveport__ R eceipts from the P lantation s .— The following table indicates the actual movement each week from the plantations. The figures do not include overland receipts nor Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop which finally reaches the market through theoutports. R e c e ip ts a t th e P o r t s . E n d in Q — D ec. “ Jan. “ “ “ S t'k a t I n t e r i o r T ow n s R e c 'p t s f r o m P la n V n s . 1A93 94' 1894-95 j1895-96 1893-94 1894-95 1895-9011893-94 1894-95 1895-96 20....... 27....... 3 ....... 10 ....... 17....... 24....... 201,9751359,698 222,783 260,140 312,797'223,949 190,702'251,854 176,324 134,813 207,746 135,322 159,917 209,803'119,837 154.352 213.026 112,395 486,159 492,430 481,977 451,121 432,721 420,147 568,829 609,004 600,956 568,651 530,024 507,480 585,332 309,168 596,822,266,411 583,663,180,249 505.4101103,957 552,608 141,517 533,688'141,778 426,921 352,972 243,806 175,441 171,179 190,482 251,743 235,439 163,165 117,069 107,035 93,475 C ^-T he imports into Continental ports the past week have been 155,000 bales. The above figures indicate a decrease in the cotton in sight The above statement shows: 1.—That the total receipts to-night of 919,772 bales as compared with the same date from the plantations since Sept. 1,1895, are 4,413,208 bales; in of 1895, a falling off of 627,685 bales from the corresponding 1894-95 were 6,468,675 bales; in 1893-94 were 5,141,025 bales. date of 1894 and a decrease of 317,052 bales from 1893. 2.—That although the receipts at the outports the past week A t the I nterior T owns the movement—that is the receipts were 112,395 bales, the actual movement from plantations was for the week and since September 1, the shipments for the only 93,475 bales, the balance being taken from the stocks at week and the stocks to-night, and the same items for the the interior towns. Last year the receipts from the plantations corresponding period of 1894-95—is set out in detail below. for the week were 190,482 bales and for 1894 they were 141,778 bales. Overland Movement for the W eek and Since Se p t . 1.— We give below a statement showing the overland movement fo. ill ->week and since September 1. As the returns reach us by telegraph late Friday night it is impossible to enter so largely into detail as m "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. 24 and since Sept. 1 in the last two years are as follows. 1895*96. <5• ^<; ft o0< to1CwC c:rf,Qocsif.M m » OUv mwcowwowMCi o)CO « ~ -10< ® lo Cl -* O 0 CCO M C5O 0 4c-3 0»I-1Z H*C i MCD©com *-j«J 0 tv1*— : ‘2® %. © ? x ^ c-. x i*. to o © a a» & © x S in c e rz r. * jSrepLl,,95. ^ ~ “ 7*©^ ^ ^ ^ ^ £ C*»£»•tS£0tCS<1 © y p co tc C iai 7? V*7—11©© 0D<JO*Oi©laW^OOQCCOCC^®©©’m'cj'tOOOOOCi J a n u a ry W eek. f Co “*w wwo'iom'o ata»o'© --*010 § 2 coco a*H . —S ft ¥ f;©00*"*M ► : c o kv©' ©AXC7>OOC7t300CC'tOiQtC>(nuaHGOHH‘TOatcc»^ OC-) V: <1M1C— h-i to ® ©ce©©co©»oh ©<Uv©©a-ouo©c 2 X?S3H“ 5°S » ©©h <iwwV ^V wccmoV h ^ to a oatatct C5OCOOOC«iO*-^0OC5atM^*^OCC-qC0<JC5OC. f. S S. SDT-f‘lals P HHS tc H ~“ *•? 03® « os'c''oV h » o CO0>1C-1SihV o h h*9>o>cols CO g? owooca-ico,-. 4 » poo^ooo ©*©^»cs*a«»o»©fc8WM;*»aD5©5©©55tt©5S©3o £ . , . „ , w --i -i •- *. »o-aj o cj at m W05O O "•K-<| osm mV ooT^Vjo © w «c o Vcs' S h ip p e d — Via St. Louis............ Via Cairo................... Via Parker City......... Via Evansville.......... Via Louisville........... Via Cincinnati.......... Via other routes, &c.. 8,495 4,635 109 1,917 1,597 1,593 S in c e S ep t. 1. 1894-95. W eek. 372,429 26,770 174,523 9,610 400 12,560 45 95,311 6,518 55,859 4,011 57,834 2,668 S in c e S ep t. 1. 643,665 242,966 20,630 2,414 126,265 116,131 100,322 Total gross overland............ 18,346 768,561 49,977 1,252,393 Overland to N. Y., Boston, &o. Between inteiior towns.......... Inland, &o., from South.......... 14,355 13 679 164,314 12,123 2,402 603 28,371 1,512 284,916 16,038 45,081 15,047 195,087 14,233 Leaving total net overland*. 3,299 573,474 35,739 * Including movement by rail to Canada. 346,035 Deduct shipments— Total to be deducted............ 906,358 The foregoing shows that the week’s net overland movement this year has been 8,299 bales, against 35,789 bales for the week in 1895, and that for the season to date the aggregate net overland exhibits a falling off from a year ago of 332,884 bales. —X^wOOM^QvT^Qtf.OC0C;iCJ0.C00;ClCJUC!rf*tClC00CCJ!^.lu,00 to10 a -qatiiSti-ocjw o ’wciV-vH-iCiooc*:' w<j© w ^ ^ ^ ^ 5° ® ^ ^*3^ ^©'boh4Ciw •“•a,»oi3a»ie>^JO*-'jtOwwatoatoo^j--i©CDot5MQokOQOtf*.oo-‘j •vlh M ^ HUIOM H M © 24 In 52 1895-96. S ig h t a n d S p in n e r s ’ T a k in g s . W eek. S in c e S ep t. 1. 1894-95. W ee k . S in c e S ep t. 1. 112,395 3,912,220 213,026 6,018,530 Receipts at ports to Jau. 24 .. Net overland to Jan. 2 4 ......... 3,299 573,474 35,739 906,358 Southern consumption to Jan. 24 20,000 424,000 15,000 376,000 P| to pjj »^ ^t-*atra« 3 9J=r?^9'ir!r*i771©oc;,'^©kO 'tk>-*<»Qooc^t^o> t-3-iO o OQOOcn©c*aoaqtcipcnl£caoococi tz c at at r> * Louisville figures “ net” In both years, t Tills year’s figures estimated. I Last year's figures are for Columbia, 8. C. § Stock eorreeted. The above totals show that the interior stocks have decreased during the week 18,920 bales and are now 26,248 bales m ore than at same period last year. The receipts at all the towns have been 84,701 bales less than same week last year and since Sept. 1 are 1,627,771 biles less than for same time in 1894-95. Total marketed......... Interior stocks in excess 135,694 4,909,694 263,765 7,300,888 * 18,920 500,988 *22,544 450,145 Came into sight during week. 116,774 241,221 Total in sight Jan. 24............ 5,410*,682 7,751,033 North’n spinnerstak’gs to Jan. 24 14,230 1,104,721 47,203 1,558,936 * Decrease during week. It will be seen by the above that there has come into sight during the week 116,774 bales, against 241,221 bales for the same week of 1895, and that the decrease in amount in sight to-night as compared with last year is 2,340,351 bales. J a n u a r y ?5, 1896.] TH E C H R 0N 1 W e a t h e r R e p o r t s b y T e l e g r a p h .—Ou r telegraphic ad vices this evening from the South denote that the movement of the crop has been interfered w ith by unfavorable weather, the ra in fa ll h iv in g been rather heavy at some points. In Texas, however, the precipitation has been very lig h t, and farm ers generally are m aking preparations for p lanting spring crops. Our Montgomery correspondent reports an increased demand for fertilizers, Galveston , T exas.—Farm ers generally are m aking p rep ara tions for planting spring crops. R ain ha3 fallen on two days of the week to the extent c f three hundredths of an inch. The thermometer haa averaged 56, the highest being 07 and the lowest 46. Palestine, Texas.— W e have had one shower the past week, the precipitation reaching six hundredths of an inch. The thermometer has averaged 55, ranging from 38 to 72. Huntsville, Texas .—There has been one shower d u rin g the week, the precipitation being three hundredths of an inch. The thermometer has ranged from 40 to 60, averaging 50. Dallas, Texas .—W inter cereals are doing w ell. W e have had lig h t rain on two davs of the week, the ra in fa ll reaching three hundredths of an inch. Average thermometer 51, high est 64, lo west 38. San A ntonio, Tex as.—Some plowing is going on where ground permits of it. It has rained lig h tly on two days of tne week to the extent of fifteen hundredths of an inch. Toe thermometer has averaged 62, the highest bt iog 80 and the lowest 44. Ruling, Texas.—The ground is too wet for plowing. Sm all grains and winter grass are doing well. There has been lig ht rain < n two days of the week, the precipitation being ten hundredths of an inch. The thermometer has averaged 60, ranging from 44 to 76. C t a t . Texas .—R ain has fallen lig htly on one day of the week, to the extent of two hundredths of an inch. The thermomi ter has ranged from 44 to 74, averaging 00. Fort Worth, Texas.— W e have had lig ht rain on one day of the past week, to the extent of one hundredth of an inch. A v erage thermometer 3 1, highest 86, lowest 36. Brenham, Texas,—There has been lig ht rain on two days of the week, the precipitation reaching -ix hundredths of an inch. Th e thermometer haa averaged 58, the highest being 71 and ihe lowest 42. Belton. Texas.—W e have had rain on two days of the week, the precipitation reaching two hundredths of an inch. The thermometer haa averaged 53, ranging from 39 to 68. Weatherford, Texas .—Ground is too wet for plowing. There has been rain on two days d u rin g the week, the rain fa ll being four hundredths of an it eh, The thermometer has ranged from 38 to 65. averaging 52. Columbia , Texas.— SVe have had only a trace of rain d u r ing the week. Average thermometer 3l>, highest 74, lowest 44. New Orleans. Louisiana.—Telegram not received. Shreveport, Louisiana.—W e have had rain on four days of the week, the precipitation reaching fifty-seven hundredths of an inch. The thermometer has averaged 48, ranging from 39 to 59. Columbus, Mississippi.— It has rained on six days of the week, the rain fall teaching one inch and ten hundredths, The thermometer has ranged from 34 to 70, averaging 50, Letawl, Mississippi.—There haa been ruin during the week, the precipitation reaching arm inch and ten hundredths, Average thermometer 46 6, highest 59 and lowest 88, Vicksburg, Mississippi.—There has been rain on three day* of the week to the extent of one inch and nirietv-one hun dredths, The thermometer has averaged 49, the highest be ing 66 and the lowest 39, Little Rode, Arkansas .—The week's rain fall has been eighty-five hundredths of an inch on four days. Th e ther mometer has averaged 44, ra n tin g from 32 to 51. Helena, Arkansas.— R ain has fallen lig h tly on five days of the week, the precipitation being one inch and th irty tcven hundredths. The thermometer has ranged from 31 to 50. averaging 44 4. Memphis, Tennessee, —The had weather has delayed m ar keting. There has been ram on six days during the week, the precipitation reaching one inch and fifty six hundredths. Average thermometer 4V4, highest 55-8 and lowest 87, Mobile, Alabama .—Sales of fertilizers are large. The week's ra in fa ll reached sixty-four hundredths of an inch on two days. The thermometer has averaged 54, ranging from 40 to 71. Montgomery, Alabama,— Roads are in a bad condition. Sales of fertilizer tags are reported to show a la rg e increase w hich, it is claimed, indicates a considerable addition to the cotton acreage. Rain has fallen on three days of the week to the ex tent of three inches and six ty-o re hundredths. The ther mometer has ranged from 45 to 55, averaging .50. Selma, Alabama .—There has been rain on five days of the week, the precipitation reaching four inches and fifty eight hundredths. Average thermometer 46, highest 59, lowest 34. Madison, Florida,— It has rained on four days during the week, with ra in fa ll to the extent of two itches and twenty hundredths. The thermometer has averaged 48, the highest being 54 and the lowest 85. Columbus, Georgia . —There has been rain on three days during the week to the extent of two inches and sixty-three hundredths. The thermometer has averaged 47, ranging from 36 to 54, 191 E. Savannah, Georgia .—W e have had rain on four days of the week to the extentjof one inch and th irty-five hundredths. The thermometer has ranged from 40 to 65, averaging 51, A u g u sta , G eorgia .— T h e week’s ra in fa ll has been one in ch aud fifteen hundredths on three days. Average thermometer 49, highest 62 and lowest 34. Charleston, South C arolina .—There has been ra in on four days during the week to the extent of two inches and six hundredths, the thermometer has averaged 51, the highest being 63 and the lowest 43. Stateburg, South Carolina .—W e have had rain on three days during the week, the precipitation reaching one in ch an3 fifty-five hundredths. The thermometer has averaged 48-3, ran gin g from 39 to 60, Greenivood, South Carolina .—R a in has fallen on two d ays of the week, to the extent of one in ch and sixty-seven h u n dredths. The thermometer has ranged from 23 to 53, aver aging 37. Wilson, North Carolina ,—I t has rained on two days of the week, the rain fall reachi -g three inches and tw enty two h u n dredths. Average thermometer 47, highest 63, lowest 34. I n d ia C o t t o s Mo v e m e n t F rom a l l P o r t s .—T he receipts and shipments of cotton at Bom bay have been as follows for the week and year, bringing the figures down to Jan . 23, BOMBAY RECEIPTS t VO HBIPMKNTS FOR FOOTS TK , H*. Shipments this week. Shipments s nee. Sept. 1. G nat Conti_ . , rear; Gnat Conti TntaX, Brifn nent. Total. Britain iient. •05-6 2,OOP! -A... 2.000 14.000 181,000 sm s .... r . m i,ooo 1.000 10.000 •93-4 3,000 27,000 30,000 13.000 179.000 _____________ ___ • 8,000; 8,000 133.000 ....... 8.00 •92-3 Receipts* This Since Week. Sept. X. 109.000 61,000 11.000 11,000 192.000 67.000 103,00014-1,000) 711,000 253,000 -1 12.000 379.000 According to the foregoing Bom bay appears to show an mere use compared w ith last year in the week's receipts of 23,000 bales and an m ere iv ia shipm ents of 1,00 * bales, and the shipments since Sept. I show au in crease of 157,000 bales. The movement at C alcu tta, Ma Iras and other In d ia ports fo r the last report*! week and since the 1st of September, fo rtw o yeats, has been ns follows. " Other p orts-’ cover C e ylo n , Tutioorin, Kurraehee and Coconada. S hipm en ts sin c e Sept. i. S hipm ent* f o r the. meek. ■ Great rumt B ritain Ua.i.-ntU-189 -90... 1894-05... M . Inwi— 189*1-90. 1891-95... AH other*— 180S-96... 1891-95... Total all— 189S-DO.. 1894-95. Great Britain,. C o n tin en t Conti- , Total Total. 1,000 2,000 ........ 2,000 1.000 5.000 5.000 93)00 7*000 14.000 13.000 1,000 ........ 1,000 17,000 13.000 14.000 10 000 31.000 23.000 1,000 ........ i 1,000 19.000 12.000 27.000 21.000 481000 39.000 2.000 1.000 2,000 ........ ; 4.000 i.ooo 41,000 30,000 50,000 -11,000 91.000 71,000 Tne above totals for the week show that the movement from the ports other than Bom bay Is 3,0)0 b ile s more than the sum s week last year. Fo r the whole of In d ia, therefore, the total shipments since September l, 1805, a a l for the correspoa lin g periods of the two previous years, are as follows. EXPORTS TO EUROPE FROM ALL INDIA. Shipments to a ll Burope from— 1091-95. 1895-90. This | mn.ee, week. : &ep£ 1. Thin 1893-91. Since Sept. 1. week. Thin week. Since S ep t 1. Bombay......... All other port* 2.000 198.000 1,000 11 00 30,000 192,000 71,000 79,000 1.000 91,000 1,000 6,000 289.000 2.000 112,000 30,000 270,000 Total . A lexandria Receipt-* \nd S hipments.— Through arran ge ments we have made w ith Messrs. Davies, Beav.hi & Co., of Liverpool and A lexandria, we now receive a weekly cable o f the movements of cotton a t A lexan d ria, Egypt. Th e follow ing are the receipts and shipments for the past weak a n 1 for the corresponding week of the previous two years. A lex a n d ria , Kmtpl, J a n u a ry 22. Kisoelpta (canters*) This n o Blnoe Sept. 1 1894-95. 1803-96. 113,000 4 183.000 195,000 3.103,000 This j Since meek. \Sept. 1, This Since K eek. Sept, 1. Exports (bates)— 1893-94. 210,000 3,2 11,000 This Si.nce week. Sept. 1. i.[ 7,000 231,000 17, To Liverpool ....... To Contineutl........ 10,000 130,000 170.000 1 1 / 0 0 192,000 181.000 7,000 133,000 i— ---.!--------- !-------- T—------- — — ------------ Total Europe.. „ 17,000 111,000 ,25.000 300,000 18,000 330,000 *~A canter is 99 pounds. f or which to America in 1395 90,35,000 bates; la 1894-03, 22,929 bales; In 1893-91, 7,907 bates. T h is statement shows th at the receipts for the week ending Jan. 23 were 115,(00 cantars and the shipm ents to a ll Europe 17,000 bales. Manchester Market.—Our report received by cable to nigh b from Manchester slates that the m arket re .-beady for both yarns and shirtings. The demand for both home trade and foreign m arkets is poor. We give the prices for to-day below and leave t l ose for previous weeks of this and last year for com parison: THE CHRONICLE 192 32s C op. T w is t. ,8*4 tbs. S h irtA C otC n 32s Cop. 8 >4 lbs. Shirt CotVn agers of the Cotton Exchange will submit certain proposed amend ings, common Mid. ! 'in a s , common Slid. I JJpldt- 1ments to the by-laws of the Exchange, providing for the estab ishmsnt lo finest. I to f i n e s t . I U p ld it ' Twist. 97%d.;S.l <1. a. d. .< 27 61i„977lal 5 ao „ 6\ ®7>a ®7>a1l 5*a®6 Jan... 3 5 96 106^4 17 0«8b ®7% 24'6° ®73a4I 4»s®6 4<6®6 7>3 7ki Do. 20 A C o t t o n C l e a r i n g H o u s e . —A t a meeting of the members of the Now York Cotton Exchange to bo held on Monday, Jan. 27, the man 1891-95. 1805-06. d. OM <1. d. B. d. 8. 4 1 5*4 d>6 4>a 5 't0a>57e *1 OVS-O 4*9 5*8 ®5< q. 4 0 ®6 419, 5*8 ® 5'6,0 4 4*6 5 ®.r»lsi6 4 0 3-6 3 11L3®6 4 9. d. 41. (i. 3*, 3‘ iu 3>:ii 31,6 3*1, 3 *L 1^ I 0 1 1 1 have received S ea. I sland Cotton (Friday) evening by telegraph from the various poi ts tl e details’ of the Sea Island cotton movement for the week. Tt e receipts for the week ending to-night (January 24) and since Sept. 1, 1895, the stocks to-night, and the same items for tb< corresponding periods of 1894-95, are as follows. 1895-96. R e c e ip ts to J a n . 24. 1894-95. S in c e 8 ep t. 1. T h is T h is S in c e w e e k . B epl. 1. w e e k . 8 to es 18f 6 1895. 1,564 67,124 1,313 60,21-1 17,903 11,184 106 5,040 2,505 1,486 160 9,425 922 1,036 4,393 95 4,575 1,819 81,124 1,419 69,647 21,330 13,709 S a v a n n a h .......... . . Charleston, Ac.. Florida, Ao-------Total..................... m e exports iur lUC vvcfh tjuuiug imo cvcuiug ‘ oacu « ww.. •f 727 bales, of whioh 640 bales were to Great Britain. 87 to France and — to Reval, and the amount forwarded < Northern mills has been 598 bales. Below are the export> for the week and since September 1 in 1895-96 and 1894-95. W eek E n d in g J a n . 24. E x p o r ts fro m — [ v OL. LX1I. S in c e S ept. 1, 1895. G r ea t F r ’ n ce O r ea t F r 'n c e T o ta l. B r i t ’ n. dtC. B r il’ n. die. Total. N o rth ’ n \1< d in e W eek. S ep t.) of a oleariug house for balances. The plan differs but little from tliat submitted about two years ago, except that provision is made for Saturday clearings. Under the plan proposed by the managers the Corn Exchange Bank is named as the Clearing House Bank, and the entire oleiring machin ery is to be placed under the control of that hank. The batik, if the plan be adopted by the members, will make a eharg i of 2 cents on each item cleared and will be given an office in the Cot ton Exchange Building, iu which the various conveniences to do the business expeditiously will be placed. The plan of clearing will be in priue pie the same as that cirried on by the Clearing House Associatian for the New York banks. In the Cotton Exchange office there will be erected a box for every member of the Exchange who needs one. The annual rental for each of these boxes will be $3, which will be in addition to the charge of 2 cents for each item cleared. The proposed change in the by-laws to provide for a committee on clearings is as follows. Ic is proposed to add ifc as a final paragraph to Article If of Chapter 2, Title I, of the by-laws. Section 58C.—The Committee on Clearings shalL consist of the Presi dent e x - o f f i c i o and two members of the Exchange, whos^ duty shall be to arrange with and designate some bank to clear payments arising on settled contracts for future delivery of cottou, as provided iu Ruie 4 ; said bank to be approver! by the Board of Managers and to be known as the “ Clearing House Bauk.” Tt sha’l also he 'he dutv of this com mittee to arrange with said bank the rates of its cli irges for such clearances, and generally to have in charge all details pertainiug to the matter of the relation of the bauk. as a cleari ng h mse, with the members of the Exchange. Tney shall also have power to arrange with said bauk for fines and penalties requisite for the carrying out of Rule 4, which said fees and fines shall be paid to the bauk as compen sation for its services. Disputes between the bank and members of the Exchange in relation to such charges and fines shall be referred to the Committee, whose decision shaU be final. J ute B utts, B a ggin g , &c.— The market for bagging has 400 23,519 11,648 2,36G 14,014 B’vann’b, «fcc ____ ....... 2,921 13 1,127 presented no features of importance the past week. There 64 2,985 CharVt’n,<fcc __ 95 3,400 have been practically no transactions, but the close to-night ...... ....... Florida, Ac. 540 87 627 11,147 3,017 14,164 New York.. is as last reported, viz.; 3 ^ c. for lbs., 4}^c. for 2 lbs. and 870 870 Boston....... 4J£c. for standard grades. Oar load lots of standard brands are “ ioo 200 :::::: 100 Baltimore.. ‘ Too Total....... 640 Total 1894-5 2,341 87 727 26,686 5,447 32,133 508 28,040 255 2,596 24,117 4,253 28,370 1,316 28,867 quoted at 3 ^ c. for \% lbs., 4}^c. for 2 lbs. and 4%c. for 234 lbs. f. o. b. at New York. Jute butts bave been entirely aeglected, the asking prices being 1 l-16c. for paper quality md l% c. for mixing. Domestic E xports op Cotton M anufactures .— Through he courtesy of Mr. W. C. Ford, Chief of the Bureau of statistics, we have received this week a statement showing the exports of domestic cotton manufactures for November and for he eleven months ended Nov. 30, 1895, with like figures for the corresponding periods of the previous year, and give them below: A. considerable portion of the Sea Island cotton shipped 'o foreign ports goes via New York, and some small amounts \ia Boston and Baltimore. Instead o f including this cotton for the week in which it leaves the Southern outports, we follow the same plan as in our regular table of including it when actually exported from New York, &c. The details of the shipments of Sea Island cotton for the week will be found under the head “ Shipping News,” on a subsequent page. Quotations Jan. 24 at Savannah, for Floridas, common, tu an tities o f M anufactures o f Cot 12J^c.; medium fine, 14%c.; choice, 16%c. to n (colored and uncolored) Charleston, Carolina^, medium fine, 22 to 23c.; fine, 25c.; exported to— fully fine, 26c.; extra fine, 35 to 40c. Jnited Kingdom................. yards Jermany ............................. Cotton S u pply and Consumption in E urope .— By cable France.................................. countries in Europe— we have received the substance of Mr. Ellison’s first o f »ther iritlsh North Amerioa........ lexlco................................. January cotton review, and in our editorial columns give the entral American States and British Honduras.............. results and some suggestions respecting them. .‘uba............................... .... 'uerto Rico.......... ............. E xchanges .— The following exchanges have been made lanto Domingo.................... •ther West Indies............... during the week: •40 pd. to exoh. 300 Nov. for Aug. •12 pd. to exoh. 300 Mch. for J’ue. •15 pd. to exoh. 800 Feb. for May. •29 pd. to exoh. 600 Oot for May. •08 pd. to exoh. 1,100 Moh.for May. •31 pd. to exoh. 300 Oct. for May. •07 pd. to exoh. 400 Feb. for Moh. •04 pd. to exch. 200 Apr. for May. ■07 pd. to exoh. 800 Mch. for May. •10 pd. to exch. 300 Feb. for Apr. •08 pd. to exoh. 5,000 Moll.for May. •07 pd. to exch. 700 Meh. for May. ■39 pd. to exoh. 1,000 Oct. for May. •38 pd. to exch. 1,000 Oot. for May. .41 pd. to exoh. 2,800 Oot. for Jilly. •35 pd. to exoh. 500 Nov. for Moh. ■43 pd. to exoh. 100 Oct. for May. P eruvian Cotton.—Mr. Fr. Jac. Andres, under date of Boston, January 18, issued a circular covering the movement of Peruvian cotton during 1895 and previous years as follows: argentine Republic.............. trazll ........................................... Jnited States of Colombia... ■ther countries in S. America ihina.................................... Jrit.Posses’ns in Australasia British India and East Indies >ther countries in Asia and Oceanica............................ vfrlca................................... ither countries.................... Total yards of above.. Total values of above., 'alue per yard............... „ 1895. 1894. 1893. 1892. 1891. Values o f other M anu factures o) Rough Peruvian: Bales. Bales. Bales.. Bales. Bales. C otton exported to— Imports into Great Britain...29,626 31,087 82,402 66,030 29,000 United Kingdom........................... Stock Dec. 31..........................37,250 52,500 67,000 41,000 12,500 Jermany....................................... France.......................................... Outgoings for 1895 from Gieat Britain have been 46,036 bales, )ther countries In Europe........... against 45,587 bales In 1894 and 56,402 bales In 1893, of whioh the Jritisb North America................. trade ha-taken a weekly average of 440 bales, against 500 bales in '-texlco.......................................... 1894 and 155 bales in 1893. Ainorioa has taken 345 bales per week, Central American 8tates & British Honduras.................................. against <60 bales In 1814 and 460 bales in 1893. The Continent took 115 bales, against 114 bales in 1894 and 171 bales In 1893. Regard Cuba............................................. Puerto Rico.................................. ing the future the new year starts with a stook of 37,250 bales rough Santo Domingo............................ and moderately rough (of which 23,500 are full rough), and Other West Indies............ ..... tlio prospect <r a light import for some time to come, so that under Argentine Republic...................... ordinary circumstances prospects seem fairly good. Brazil............................................ United StateB of Colombia........... |1395. 1894. 1893. 1892. 1891. Other countries in So. America__ Smooth Peruvian: B a le s . Bales. Bales. Bales. Bales China............................................ fluports into Great Britain. . 1 1,000 6,100 8,500 16,500 14,000 British Australasia....................... and East Indies.. .. 1895. 1891. 1893. 1892. 1891. iritlsh India countries in Asia and Peruvian Sea Island®: Bales. Bales. Bates. Bales. Bales. >ther Oceanica..................................... Imports Into Great Britain... 3,250 1,750 2,500 3,5o0 3,000 \frlca....... .................................. East India Crop.—The following is Messrs. Gaddum, By te 'll & Co.’s telegraphic report dated Bombay, January 9 : Wo have no change to chronicle this week in the positiou here. Re ceipts oi Beugnls and Oomras continue on a T e e scile, and holders are quite ready to meet buyers whenevor reas mable odors are put forward. Ibis desiie to sell is no doubt accentuated by the fact that cotton is already coming into the Dhollera and B<*oach markets, and by the knowledge that cotton from both these districts will be arriv ing iu Bombay in fair quantities by the end o f ibis month and quite freely during I?ebruary. All the cotton crops seem to have, done ex ceedingly w**ll in India this season, the plants haviug matured under most favorable c o n d i t io n s , with the insult that the yield everywhere is early, large and of satisfactory q u a lit y . 'ther countries....... ................... Total value of other manufac tures of............................... Vggrezate value of all cotton goods 30. 11 mos. ending Nov.BO. M onth ending N ov 1395. 707,840 32,789 100,750 45,099 401,260 007,012 1894. 408,473 171,450 39,371 230,210 003,236 1895. 8,52-^,593 2,212.512 139,9 -6 640,1 IS 0,217,860 6,176,309 1894. 8,231,814 1.816,199 106,444 502,229 8,197.029 4,037,217 957,797 14,714 73,480 215,410 1,335,159 535,155 1,331,143 524,980 3,305,414 4,285,009 55,449 516,118 12,095,190 11,249,546 380,814 233.917 170.105 293.418 1,189,125 108,720 3,408,280 1,397,749 13,708.4.0 11,071,407 1.938,365 2.710,456 100,839 0,178,561 10,505,316 20,55 L.901 5,987,443 341,442 3.020,808 1,423,300 26.993.251 17,389,107 61>‘,000 30,007,374 47.«95,333 051,865 618.443 51,430 1,220,000 2,931,909 5,201,725 119,339 999,34w 1,400,234 749,820 1,792,250 17,614,100 980,847 9,617 1,1^4, 10.350,260 8,427,3 1 0,074,729 8,984,013 7,207.331 11,089,895 17.690.089 103,1' 5,912 180 235,607 1990,71a $-0563 $l,U9fr,09u $•0021 $9,093,302 $10,705,007 $•0594 $*0553 $20,476 19,709 145 4.758 104,383 29,050 $9,731 7.353 329 1,031) 89,733 14,407 $234,359 $293,100 171,198 247.100 7,475 10,050 68,941 35,071 1,882,055, 1,330,176 123,117 234,3241 8,936 4.020 12,825 4,167 7.P10 5, <91 7.78U 1,904 4.021 279 7,719 2,542 23.955 2,292 3,461 29 J 17,991 249 20i 211 14,167 541 13,590 1,157 3,184 $263,289 $1.254,007 112 4U0 14,138 932 1,852 191,0751 38,834' 5,018 3,087; 76,030 i 24,«80 63,993 23.003 45.751 55,224 92,018 3,22" 76,542 53,016 7,431 11,519 52,811 17.842 120,857 34,896 48,198 11,304 72,011 1,509 248,595 34,518 19,867 179,947 11,506 19,927 $216,203 $3,028,092 $2,016,242 $1,314.^93 $12 721 454 $13.372.022 Shipping News. —The exports of cotton from the United States the past week, as per latest m ail returns, have reached 166,741 bales. So far as the Southern ports are concerned these are the same exports reported by telegraph and publishe l in the Chronicle last Friday. With regard to New York we include the manifests of all vessels cleared up to Thursday. THE CHRONICLE. January 25, i»a2j Total balm NSW York —To Liverpool, per steamers Aurania, 2,133 upland and 35 Sea Island...Georgia, 10,264 upland and 505 Sea Island.............................................. ........................................ 12,937 To Hull, per steamer Colorado. 1,035 ................................ 1,035 To Manchester, per steamer Sirius, 560. . . . . . . — . . . . . 560 ToH .vr- per steamer La Champagne, 1,023 upland and 37 8 - a Island................................................................ ...... 1,109 4,129 To Bremen oer sieamers Alter. 6J1 ...WehSgft', 3,528---To Hamburg, per steamer Persia, i ,802....................... . . . . . 1,802 To Antwerp, per steamers Kensington, 1,158---- St. Cnthbert 687 ............................................................................ 1,818 6U0 To Lisbon, per steamer Moonstone, 600— To Gruoa, per steamers Kstsee lYithelm 11.1053 ...Foods2,100 .... ___ —....... . get, 1.350 ... ___ .. To Naples, oer steamers Bargundia,148 . Kaiser Wilhelm 131 II, «4 — Fooas-et, 194..................... - ................. ......... XBW Om .Sa* s —To Liverpool, per steamers Aeanihns, 8,000 ....Dictator, 4.955. Engineer, 4,106...Madriteno, 4,434 29,489 ....Kothertl ld, 7,991........................ - ................... . To Mai,oh ster. per steamer Ernesto, 5,200.......................... 5,200 Tii H»vr .per steamers Harlan, 12.565— Planet Venus, 1,000 ...santa -e. 6,4o6........................ ............ ............... 22.971 To Bremen, per steamer Freshfleld,4.265................ ... . . . 4,285 Galveston To Liverpool, per -trainers Carollua, «,902— Gracia. 5, •#?... Loohtnore 5.40 — Maritime, 8,278— Pauuna, 4,731 Tent u,in.3.405........................... ....... . 31,085 To Havre, per steamer Tripoli. 7.648......... ......... ................. 7 ,04,3 To Cope big n, per steamer Olat Kyrre, 154........ ...... 150 Texas C m -- To Liverpool, per steamers Gracia, 2,793 — Tentonu. 2,000....................................... .........................— 5,394 BRUNSWICK— To Liverpool peramui rIm*h«w«B He»d,5,244 5,241 Fort Kotal—To Liverpool, per steamer S t. Jerome, 3,4 70.... 3,170 WtLMtsoTiJN—To Dunkirk, per bark Emma Bauer, 1.7To........ 1,770 Norvolk I'o Hiiubu a. per steamer Amalfi, 295................ ...... 295 To Antwerp, per steamer Peterson. 1.- 5o ...... .................... I,v50 Boston—To I.iverw* iL per steamer, Columbian, 767 — Kao sas, 1,401... Michigan, 767 . .Ottoman, l,t)5« - Victorian, 9.50* in,laud and 295 Sea Island...................................... 13,792 To Yurmuiiih, per steamer Bo.too, 2 '■................................ . 225 Baltimore—To Liverpool, p e t etc uner Hureiooro, 5 0 0 .....— 560 To Krem n, per steamer Muncbeu. 3,929 .. ...............— 3,9.9 To BotroiMam. per steamer Tabasco. « 1 ■ ...... ................... HO To Antwerp, per steamers Belgian King, til)---- Storm King 5 5 0 ............... .................................. ..................... . 1,900 Sas FkaxcISCo -To J >pau, per steamer China, 1,314............. 1,341 T o ta l................ ........................................................... ............. ,186.741 T h e p a rtic u la r s o f thc-w s h ip ,ite m s , a rra n g e d in o u r u su a l fo rm , are as fo llo w s . Ttdam . Llthem. .Vor > H u 'l 4 H n ert B rem en A n tu t'p G e n o a S ea hi dm*- 4 l i n n - .t Ham Copen- a m i am i k irk , b i ir a . Hagen N-attt. Japan. Total ----- t v s t s 1 5*5 1.1 "»i S ;‘Hl 1,4,3 ,i,»:u 61 92 6,200 22,971 1.2 5 38,1*3 150 1,818 ...... .... ...... 5, >9...... 5,241 . . . . . . *«*■«■*.* 3.4 7o ...... ....... 1,770 l,77o ...... ...... 1.91. 1,650 225 14,017 ... 13,75.3 „ „ „ . ..... J.L'.t 1.410 Hstlttmom.. 5,840 & w . ___ r 9411 Pr»n.. ******* ....... 1.341 1.31-1 Total ....101,975 6,795 33.4 14 1 1.420 5,053 3,131 1,569 160711 Liverpool. —By cable from Liverpool we hav j the following statement of the week’s sales, stocks, &c., at tnat port. i B e lo w we a Id th e o te a ra a cm th is w e e k o f vessels c a r r y in g C o tto n fro m U n ite d S ta tu s p o rts , b rin g in g o u r d a ta d o w n to th e la te s t dates. OAhvasrov ro llrriuoo - J au. 18—3teum>r D ulingt jo, 4 ,7 s l— JaO. 22—Steamer Monrovia, 7,114. To U iBitmrg-Jau 18 ~Bte«ui«r Verbena. 770. To Rotteniauj-J»o 21—StOMUS* K*U<a«. 200. Texas Crrr- ro »»i>m»ii-J»o IS -iiwuaw Uaruiivton, 2.10*' N sw OSJ.isasi - To U ra rp tm t—la *. >8 - »te*u»r» te sa o, ».o 0; Vast*. 4.7a*.. . . Jau. 20 -Sic.-uucr Nt .vrigu iti,:i.83i* ...la- 21 -Siesmer E tc tr io »n , 3 ,6 8 7 ., J * n , 2 2 —6 te » ij;« r M eric,*!*, 1,803. Jan. 2 3 — 6 8 ,0 0 0 MOO 1 , 00 64.000 5,000 76.000 forwarded......... . ....... .— total stock—Estimated............ 1,050,000 Of whioh American—E3tm.’c 879.000 175.000 ’otal Import of the week....... ice.ooo Of whioh American . . . . . . . 198.000 mcm-at afloat.— ... •if vr»iiub 180.000 Jan. 17 J a n . 24. 32,000' 57,000 60,000 1,300 1,900 1,400 2,000 2,300 900 72.000 52,000 50.000 11.000 13,000 5.000 99.000 67,000 61.000 1,U 6,000 1 , 1 1 1,000 1 ,111,0 0 0 9 21,00 ■ 92 ,000 918.000 163,0' 0 75,000 < 5 ,0 0 0 1 <4,0*01 61,000 47,000 158,0 o! 179,000 193.000 159,00©! 166,000 185.000 T h e to n e o f th e L iv e rp o o l m a r k e t fo r so o ts a n d fu tu re s e a ch day o f th e w e e k e n d in g Ia n . 24 a n d th e d a ily c lo iin g p ric e s o f s p o t c o tto n , h a ve been as fo llo w s . Spot. S atu rd ay M on d ay. Market, ( Quiet and 1:45 p. M, j sfeeatly. Mld.Upl'ds. 4** Sales....... . Spec, A exp. 8,000 500 QnlQL Tuesday. Wmi'dau THursd’ y. F rid a y . Harden'* Fair busmest dolna. Good demand. Fair business doitui. 4®.S 10,000 500 181S 12,000 500 4**92 10,000 500 4»7S* ih 8,000 »00 10,000 500 F utures. Market, J 1:45 p. * 4 otta# 51arket, \ Qnlot 4 P. st. 1 HEm a j. Qttiet and Steady a« st^ L , r ru n . "S E W TB&M l5uadT. W a d !* vanoe. rtrm. yetei. Steady. Steady. T h e p ric e * o f fu tu re s a t L iv e rp o o l f o r each d a y a re g iv e n b e lo w . P rices a re on th e basis o f U p la n d s , L o w M id d lin g clause, unless o th e rw is e scaled. TIP* The prierA a r e a teen in p en ce a n d G W i. T h u s : 4 63 m ea n t 4 O.i ii ld.. a n d 5 01 m ea n s 5 1 ti Id. Nat o r. J a n . IS tn Jim . $%. ISHi non. T ub *. 1 1:15 -t 1:45 i* mJp. h. i». m . r. M. th e s te r . l .V‘37 29,184 3 .08. 5.398 5,244 3 , 470 ........ Jan. 10 Dec. 30 tales of the week...........bales Of which exporters took . . Of which speculators took .. isles American....................... . L ite r - New Tort. N. Orleans, GalvnSten., Texas city Bromswiek Port Royal Wtlmlnst'n Norfolk.... Boston...... 193 January... * FH*. Mel. Mrh April. April May . May 4 •!«»».. J one Jniy. July A uk * a itg.-i-oiii. R*i(it. Oet. O c .. Noy.tJec.. */. . d. d. d. 4. 1 2 1 4 •.*.'* 1 25 1 21 4 26 1 2 * 4 21 1 2 l l 23 4 21* 1 m w *j:i 1 23 1 23 4 25 4 22 l 23 1 2 1 1 22 4 25 1 21-4 2 : 1 2 1 21 4 21 .4 21 l 22 4 22 4 21 1 24 1 21 122 122 1 21 4 21 4 21 l 22 122 1 21 121 l 20 1 21 1 20 l 20 4 23 l 13 4 U 4 14 4 13 4 15 4 0*14 10 4 10 1 09:4 12 i W ed. TUurx. F rl. 1:15 i 1:15 *1 1:45 4 1*. it. P. M, !*. M. Pi M. P. M, P.Mw </. *is d. d. d. d. */. l 27 4 20 1 27 1 27 1 23 i 30 i 30 l 27 t 25 4 27 4. m i 28 1 29 i 30 1 26 1 2 1 20 1 2614 27 ! 23 128 t 20 1 27 1 *5 l 25 l 27 1 28 4 28 l 25 4 27 1 25 1 25 i 27 l 27 4 28 t 25 1 27 125 l 25 l 26 1 27 127 1 25 1 27 1 2a 1 25 1 20,1 27 t 27 l 25 4 27 I 25 l 25 l 215 ■1 27 1 27 l 24 1 25 « 21 t 24 4 25 4 26 1 23 » 17 4 18 l 17 1 17 i 18 5 1U l 18 l 13 1 14 4 13 113 l 14 l 15 i 14 .... .... . . . . . . . . .. . . 8READSTUF F s . Fr id a y , J a n u a ry 24, 1826 Business in th e r n i r k d f o r w h s a t f i m r has been f a ir l y ac tive as an advance in the price o f the graia stimulated a de m a n d for tii! tra d e h r ah I s a n d prices p a id sh o w e d a n a d vance of "> to 10 cents, Shippers have also shown increased in te re s t in th e lo w grades, b u t t h e ir lim it s h ave been to o lo w to a d m it o f e x te n s iv e tra d in g . C ity m ills have been in f a ir ly b ris k d e m a n d a t h ig h w p ric s. R ye < 1iu r has so i l s lo w ly , b u t prices have h e ld steady. F ,r b n c k w n e a t flo u r th e re h is b e e n a t y iie t b u t stead in ir k e t . O o ru m * a l h *a been q u ie t a nd w iu t o u t c h u iite . T o d a y th e m a rk e t f o r w h e a t f lo u r was m o d e ra te ly a c tiv e a nd fir m . There has been a f a ir ly a c tiv e s p e c u la tio n in th e m a rk e t f o r w heat fu nres and prices have a d va nce d ra th e r s h a rp ly on b ris k b u y in g b o th fo r lo ca l a n d fo re ig n a c c o u n t, s tim u la te d b y c o n tin u e d u n fa v o ra b le c ro p a cco u nts fr o m A rg e n tin a , In d ia a nd Russia; also d e c id e d ly less fa v o ra b le c o n d itio n s a t th e W e s t f o r th e g ro w in g c ro p . I n th e sp o t m a rk e t business bus been q u ie t, »s an a dvance in prices has checked tra d e . Y e s te rd a y , h o w e v e r, sh ip p e rs sh ow ed in creased in te re s t, a nd th e sales in c lu d e d No. 1 h a rd s p rin g a t a * o u t Ic. o v e r M ay f. o. b . a f lo a t ; N o. 1 N o ith e rn , N e w Y o r k in sp e ctio n , a t 2’.Jc. o v e r M a y , f, Cotton freights the past week have been as follows. o b. a flo a t, a n d N o, 1 fro s te d M an ito b a , p i r t to a rriv e , a t 8}•£/<*'J**. u n d e r M ay, f . o. b. a flo a t. T o d a y th e m a rk e t was B atur. Turn. Mm, Wed ne e THurt. Jh~t q u ie t d u rin tr e a rly 'C bangp, a n d u n d e r re a h z io g sales b y a le w “ longs” p rices w eakened s lig h t ly ; la te r, h o w e ve r, specu Livorpool. .......d. »84 »S4 *w »S4 »»« a, t la tio n h e cu n e a c tiv e , a n d prices a dvanced s h a rp ly on re p o rts Do Feb. 4 f .... - ... .... o f la rg e purchases in th e sp o t m a rk e t, b o th bv sh ip p e rs a n d Havre___ . . . .. e 25* 4. *4 *4 M ‘4 lo ca l m ille rs , c lo s in g B rm , The s p o t m a rk e t wag a c tiv e , th e Don itirk . .. .. . c purchases by sh ip p e rs a m o u n tin g to a n o u t 200,000 bushels, Bremen........ . . . e 27*«l 27>»> 27 91 27t»r 27 la* 27i** a n d in c lu d e d No. i fro s te d .M anitoba a t 2c. u n d e r M *y , f. o. b, Do . ..... ...r »« .... a flo a t; No. 1 N o rth e rn , N e w Y o r k in s p e c tio n , a t 2!£c. o ve r Hamburg ......... e. 2.>taq 24t 231 <* U 25* -a h 2*a>4 2if®*4 M ay, f. o. b. a flo a ', a n d N o. 1 h a rd s p rin g a t 4c. o v e r M ay, Do ..........c, .. f o. b . a flo a t; i t waa also re p o rte d t h a t la te y e s te rd a y a n d to Amstertare . . . . e. 301 30** 30* 30* 30* 30' d a y lo c a l m ille rs purchased th e e n tire s to c k o f red w in te r, Keval, v. Hatoh d. I’ ei >as. >v. ia-4 »e . b u the te rm s w ere k e p t p riv a te , a lth o u g h w e h e a rd o f one Do V. * a 31S As .sale a t 4c. o v e r M ay. d e liv e re d , fo r No. 2. Bareelooa......... «f. f)*ri,T cuosmo prices or so. 2 bed winter wubat . Genoa « »« *14 *16 ho 3if* FrU Wed. THurt. Mon. Tues. Sat. Tn»*«tc, Dctobpr.r/ tu , n n. '»s 7iq 72)4 u , ?•* «!» I, ‘ 14 7lM February delivery.. **m 7 , 71 .. March dplivery. . . . . 7*)% 72 73 7 : Antwerp, Ovt ..d . 70 «u • * * n . J . * ’ ’i - **i 4 !5S k- * 13l',»-7gA May l»»i}v.sry . . . __ b!*79 70 71 03 68 % 68 8* 9,r ; .. '* '4 Q h m t . Y, -m r • 70% J ane del Ivery.. . . . ... «y>* 69 °8 Cl'S 68 y 08 *4 t Cents ow per ICO lbs. 781 69*« 69 > * July delivery........... 70<* t 63-4 Steamer A—,*>e, 7,7,91. To Btou-u —1»«. ii-.-lo-.iui-r E:lily*tore>, 1,10,. To Dunkirk—lau H —ilerimt 8 ,n inili. 2.444. To Br«.,„ n—Jar. 18—.Steamer Uritisb Crows, 7,477 ToB*ro,d„r,»-J»n. 17—Steamer Mtgnel nunic-:, 1,959. To u,■!,£,.*—Jjo. 17—atea icri Mtgasi Dalian. 6, >, ; Dan Giorgio. 2,291. T o Naples-J*o, I? —Steamer Sas Giorgio, 1,165. Mobile To Bre -«*>n—Jan. 22-8t«aui«r Helper, 7,42* 8 ataws All— r - B rnelmm and Genoa—Jaa, 22—8 te**««r Solveig, 9,150. WHJUwruw—To B em«n—Jan.18—SimuRer Koyailst, 1 1 ,o il....J a n . 24—Steam*** Kjfd t! Holme, 6,150, Norfolk To LIvtrpool-Ja». s4—-t- mum Ardrishdg, 2,009. To Hamburg-Ja 23—Steamer Taormina, 1,100. Nswrow Maws—to Uverp tei -.In , !•*-steamer A f i t r i 916. Boston—To Liverpool—Ian 18—steamer A»gl»m*a, i,o7s ... J in . 17—8ieao *r eylvantm, 696--- Jan. 20—Steamer S.cnem, 1.882. To Halit *x—/no. 18—steamer Halifax, fir-. Baltixok e -T>. Liverpool—Jan. 20—Steamer S«dgrraore, 1,191 upland and l> i)8.« Inland. To Rotterdam—J »n- 17—Steamer Venango, 400. PtULAUHLi-mA—Do Liverpool—Jan. 17—steamer F nnland, .1)1. THE CHRONICLE. J94 , , 1 ■hnf nrires nude fracIndian corn futures have been qu.et but prtOT^maaejrac^ tional advances in sympathy with the improvement in wheat and in response to slightly stronger foreign advices, but y * terdav realizing sales by longs, prompted by a continued large crop movement, caused a reaction. In the spot market an advance in prices has checked business. The sales yester day included No. 2 mixed at about 2 ^ 0. over May f . o . b . afloat steamer mixed at 35^c. in elevator and old No. 2 yellow at lOJ^c. f. o. b. afloat. To-day the market was quiet but the close was fractionally higher in sympathy with the advance in wheat. The spot market was firmer. The sales in cluded No. 2 mixed at 2 cents over May delivered and steamer yellow at 30c. in elevator. DAILY globing pricks op no. Z MIXED COEN. Sat. it on. January delivery...........o. 35\ 35% February delivery.........0. 35% 35% May delivery............... o. 35% 85% July delivery..................0. 36-% 38% Tuee. 36 35=8 35 % 36\ Wed. 36% 36 35% 36 s Thnrs 35% 3. . 35 % LX11. packages, valued at *.166,645, their destination being to the ^ intBK9peciHed in the table below: New York to J an . 20. 1896. 1895. Week. \Since Jan. 1 JYee*. Since Jan. 1. 142 37 Great Britain....... Other European.. China........... . India........... . Arabia................... Afrloa.................. West Indies.......... Mexloo................ Central America. So .itil America... Otner Countries.. 1,185 122 142 5,653 351 632 474 45 304 621 47 1,423 1,197 146 539 2,831 209 3,467 39 23 195 61 2f737 26 2,444 1,036 1,198 118 314 2,453 296 25 1 281 37J 107 801 207 v+t. 36 36 Total...................... ........ China, via Vancouver’ .... 12,633 1,521 10,878 3 / “s 3,467 j 13,633 Total. ’ From New England mill points direct. 1,521 10,878 36 37 [VOL. Oats for future delivery have been quiet, but prices have advanced slightly on buying by a few shorts" to cover con tracts, stimulated by the improvement in wheat and corn. In the spot market a limited amount of business has been transacted at higher prices. The sales yesterday included No. 2 mixed at 24}4c. in elevator and No. 2 white at -So. in ele vator. To day the market was a trifle stronger, in sympathy with the advance in other grides. The spot market was firm but quiet. The sales included No. 2 mixed at 24% c. in elevator and No. 2 white at 26c. in elevator. DAILY CLOSING PRICES OP NO. 2 MIXED OATS. Sat. Mon. Tuee. Wed. Thurt. SV-. January delivery..........c. 23% 24% 24% 24% 24% 24% February delivery........ c. 23% 24% 24% 24% 2t% 24% 24% March delivery.............. o. 24% 24% 24% .“4% 25% May delivery............ —0. 24% 24% 24% 2a 25 The following are closing quotations : FLOUR. Patent, winter..........$3 50 9$3 75 Fine....... hbl. $2 003 2 25 4 00 euperilne.............. 2 15® 2 50 City mills extras...... 1,000 The value of the New York exports for the year has been $612,003 in 1896 against $510,882 in 1895. There have been numerous inquries after brown goods, but actual business has again been on a limited scale in both sheetings and drills. Sellers are not pressing stocks on buyers to any extent, nevertheless the market by its own weight still tends downwards, and prices are very irregular. In other brown goods the demand isj slow and prices weak. Cjarse colored cottons are inactive throughout, with weakness in blue denims a feature. There has been little business in bleached cottons at first hands, buyers holding off for lower prices. White sheetings are slow and barely steady. White goods dull and irregular; cotton flannels and blankets fairly steady, but new orders light. Kid-finished cambrics in favor of buyers. Fancy calicoes have sold indif ferently, as have other regular prints, but novelty goods have been in fair request. Dress style and staple ginghams inac tive, aLd the latter barely steady. Napped effects and highRye flour, superfine.. 2 35 9 2 75 grade specialties in moderate request. Print cloths quoted at Buck wheat flour...... 1 209 1 25 Fall River at 3c, nominal, still, but sales at Providence of reg Corn meal— Western, &c........... 2 15 9 2 20 ular cloths at 2 % c . £xxra, No. 2 .............. 2 35® 2 70 Extra, No. 1 ---.......... 2 45® 3 00 Clears..................... 2 65 ® 3 25 Straights_________ 3 25® 3 50 2 25 Brandywine. Patent, spring........ 3 40® 3 75 [Wheat flour in saoka sella at prices below those for barrels.] GRAIN. Corn, per bush— o. West’n mixed...... 75^ 76 Western yellow... 7? Western Wiiite— 73 25 *s R y eWestern, per bush. 28 State and Jersey.. 24*2 Barley—Western— 27 State 2-rowed....... 8tate 6-rowed....... For other tables usually Riven here see paae Wheat— Spring, per bush.. Red winter No. 2.. Red winter........... White..................... Oate—Mixed, per bu. White..................... No. 2 mixed.......... No. 2 white........... T H E o. 67 9 74*49 68 9 68 9 23 9 24 9 23*s9 26 D RY GOODS 0. 35 36 36 36 9 9 9 9 9 ___ 9 40 9 .. . . 9 .. . . 9 173. C 38*2 38 40 41 .... ___ 46 .. . ... TR A D E . N e w Y o r k , F r id a y , P. M., January 24, 1896. Total stook (pieces)........ 707 000 1895. Jan. 19. 81,000 28,000 95,000 1894. Jan. 20. 167,000 200,000 55,000 1893. Jan. 21. None. 1,000 None. 184.000 422,000 1,000 F oreign D ry G oods.—A fair business reported this week in ribbons and other specialty departments, but more staple lines, such as dress goods and silks, are quiet. Sales are mostly confined to goods in port, importation orders still be ing checked by tariff uncertainties. Im portations and W arehouse W ithdraw als o f Dry Goods The importations and warehouse withdrawals of drygoods at this port for the week ending Jan. 23, 1896, and since January 1, 1896, and for the corresponding periods of last year are as follows: s ft a g 's s g *pjc+=$0 isg ® S3 t n * 2 pj ® 83 p S. p:g g p e g -o g e o *7 » : S : 8? 8 : : S IY Q sE Il • a! 1 : 1 B p; 1: • : i 3 CD• II a» , i t « ® St 0: ; ; ; ; j o EM B: i : i : ■T Ssr £a*D I&IM-IUIUI © ' CJib < tOM <1 -J© CO] ©-3 tsl I -JOB -4 to to v* toco totoo ©V CCOOODW oo© coco 00COIP-coo O tOOi-P-CO 5to Oi— <o C 1► -* ICR loW C coco <J-4_005to Vtowob tO CR D tO ©CJ1 O5C -0 CR 5L o hj i-oo <3 05 5 W W jM a 331 !CO © CO d! 5 5B 0 CO w © a a to OlvJ <1 to ©V 0505 toco -*|tA toot ©©© t«qtOI?aGO GOOD O coo >P-<l^iOtO CO in-ytco ©05 <1 M X© to^1 CD® ©©<JC0M ©CO at©'©'**-© HCOXHX ©if-©a< -4 ^3 * Q s13 9 907,518 459,729 604,155 250.691 335,569 H CO * CD & CO - at© Wto 3 5 05CO f ■q© ©©at » to 050 toif- <0cntoCOCO 5 ISi— 05COto<1to ©©otto CO <1if-05QtO toot M COH 00C3O 5 ©504*00© atW^Vi CDOHtOW 3,185 2,01(1 1,513 2,680 5,183 The market at first hands has disclosed no new feature in cotton goods during the past week, the actual demand again proving a disappointment, with prices of staple cottons weak and occasionally lower than a week ago. Chief interest has been centred in the outbreak of a jobbers’ fight in bleached cottons. On Tuesday New York jobbers made the price of ’ “Lonsdale” and “ Fruit of the Loom” 7^o. net, and this has been met by a 7c. price by Chicago houses. The agents’ prices are still maintained at 8j^c. usual discount, but a revision is now momentarily expected. Manufacturing inter ests are complaining of low prices and slow sales of staple cottons and of increasing embarrassment from financial stringency, and as Btocks are undoubtedly accumulating it is not surprising that there are frequent reports of impending cuitailment of production. The advance in cotton this week is something in the market’s favor, but it is not strong enough to offset other influences. Outside of staple goods a moderate business is reported, towards which novelties rather than regular lines contribute. Business in the woolen goods department has lacked spirit, but the further opening of new lines has helped sales. W oolen Goods.—There has been a fair attendance of wholesale clothiers and cloth jobbers in the market this week, attracted by the new lines of high-grade men’s-wear goods re cently put out. A considerable number of orders have been taken tor these, but buyers have operated conservatively, in dividual purchases being lighter than usual. Prices are with few exceptions the same as last season. In low and medium grade staples and fancies the demand has been indifferent and in qualities between 75c. and §1 00. Prices show an oc casional tendency to favor buyers. Business in low-priced goods, such as satinets and cotton warps, is quiet throughout with prices generally unchanged. The demand for overcoat ings has again been disappointing, and the tendency of prices in some grades of smooth-faced fabrics favors buyers. Dress goods are in quiet reorder demand and generally steady. Flannels and nlankets remain quietly firm. Carpets in fair demand and tending upwards in tapestries. P w -iT ir c it t a , O now —Tho exports of cotton goods from this port for the week ending January 20 were 3,46^ 1896. Slock of Print Olotht— Jan. IS. At Providence, 64 squares...160,000 At Fall River, 64 squares....283,000 At Fall River, odd sizes........ 259,000 MHCO ©000005w *q©00COto96 ©b5C0©Vj M tOifk. IPsCOOCOCD ©OOUitOCO ©toVco© VI^POIH CO05COIP-05 Voo ©To©Vico ^1© tuto ^l © CO© ©-•j iP-OCR tMO ^ Hifp© to 050C0 to5 V© 05-3 O0 CDto to C5COtoto<1 F lf% Q0<»C jQ0 C-* 0© rfM * ©F-O-0tf>. 'n ©at co©cd aocoooV F-s *» l«Ar-CDCDat ©atp-<jto if- to brf35|C pD stow rf-CD Utto OOOOOK5 CO05 ©©VTioV *P CD© ?>*-*t-* C 5-© 35 ©iJAOtlfA© oo t o - j q -• CO ®4 0 0C ©O© *s"’*jJo tW CJ»©*»itsto © O OCrM© V oO iP CO rf- iPsqd! coiP-toct’O ©<1 , COCRI- X00 tot-* I M>-*©© C O o© t-* C 0 o © |J%®© CD f- cr otyt© to ► -‘ tOrf^iA© ®S: ©na ,* v tO H *0 Q0©tfA®M 'toa»©©bo f at 4%rfAif- oo CDtO©F-*to F-* "0 © to toCO ?r ©co© ao© Q coaicototf-CDF-1©00© iP-co<iat© y © tocof-* cococo^q—-ae s CoVjV-35to S' lfAiP-©©00 c* -4CO^ COCO to I I 5 .e-CD tO*.H-*-3C — *-4 OCO -qCDGO• I toto tO1-4COit-05 - J © ©© -J*« attoot rfA35-08 ►oooc*wat 'F -*rfAVjb»© GD©-q© yt cd»oo’ at© u -“ 1 sa © ©3 a 2? ic% s? THE CHHOJNTCLE. Jantary 25, 1896.] 195 Canton, 0 .—B on d O ffering .—P roposals w ill be re ce ive d u n t il F e b ru a ry 24, 1896, o y F . H . B sld e n , c it y c le rk , f o r th e pu rch a se o f 860,000 o f C a n to n bonds to bear in te re s t a t a ra te n o t t o exceed 5 p e r c e n t per a n n u m . T he se c u ritie s w ill be TERMS OF SUBSCRIPTION. dated D ecem ber 21, 1895 ; in te re s t w ill be nai l se m i a n n u a lly T h e I n v esto rs ’ S u p ple m e n t will be furnished o n J u n e 21 a nd D e ce m b e r 21, a t K o u n tz e B ro th e rs , N e w Y o r k C ity , o r b y th e c it y c le rk o f C a n to n , a n d 813,000 o f th e p r in w ith o u t e x tr a ch arge to every annual subscriber o f the c ip a l w ill m a tu re in fiv e years. 812,000 in e ig h t years, $ 13,000 in eleven ye a rs, $ 1*2,000 in th irte e n ye a rs a a d $ 12,000 in ' f i f C o m m e r c ia l a n d F i n a n c i a l C h r o n ic l e . teen years. T h e S t a t e a n d C i t y S u p p l e m e n t will also be fu r N o 'b id s w ill be co n sid e re d unless th e y are m ade u p o n b la n k nished w ith o u t e x tra ch arge to every subscriber o f the fo rm s fu rn is h e d b y th e c it y o f C a n to n , w h ic h m a y be h a d b y a n y person d e s irin g to b id u p o n a p p lic a tio n n u d e to th a c it y C h r o n ic l e . c le rk , a n d n o b id w ill be co n sid e re d unless th e b id d e r s h a ll as T h e S tr e e t R a i l w a y S u p p l e m e n t will likewise a p a rt th e re o f sta te th a t he has sa tisfie d h im s e lf as to th e le g a lity o f th e issue. F o r th e in fo rm a tio n o f b id d e rs a c e rtifie d , be furnished w ith ou t e x tr a ch arge to every subscriber copy o f th e a b s tra c t s h o w in g th e le g a lity o f th e issue w i l l be fu rn is h e d u p o n a p p lic a tio n , a n d th e a b s tra c t o f th e pro ce e d o f the CHP.ONICLE. in g s and le g is la tio n w ill also be on file in th e office o f th e c it v T h e Q u o t a t io n S u p ple m e n t , issued m on th ly, will c le rk , s u b je c t to th e e x a m in a tio n o f a n y persond e s irtn g to b id . T he to ta l d e b t o f th e c it y a s o f f id r ily re p o rte d is $741, 525. 52, also be furnished w ith ou t e x tr a ch arge to every su b a n d in clu d e s $ 190,000 o f w a te r w o rk s bonds, $ 161, 125.52 o f stre e t im p ro v e m e n t bonds a n d $ 390,400 o f c u rr e n t expense scriber o f the C h r o n ic l e . bonds. A f t e r d e d u c tin g s in k in g fu n d s o f $ 10, 943.72 a n d T E E M S for the C h r o n ic l e with the fo u r S u p p le w a te r d e b t $ 190,000, th e n e t d e b t is s h o w n to b - 8510, 576. 80. ments above named are T en ollars within the U n ited The assessed v a lu e o f ta x a b le p ro p e rty is $ 11, 161, 760, a n d th e e stim a te d re a l v a lu e is $ 35,000,000. A c c o rd in g to a c tu a l States and Tw elve Dollars in E u rope, which in both c o u n t, th e p o p u la tio n in 1893 was 39, 176. a n d i t is a t p re s e n t e stim a te d a t 36,000.— (See C h r o n ic l e , V . 01, p. 1126. a u d V . cases includes postage. 62, p. 101. /w v C it y D tw rm re W T . Terms of Advertising—(P er Inch space.) Onetime........... ............... One Month (4 times),, Two Month* (8 time*),. (The above term* for one #3 50 j Tnr Months (13 times).. $25 00 11 0«» Six oaths <36 timet).. 13 00 IS 0 0 1 Twelve Month*<52 times).. 58 00 month and upward are for standing card*. Cape C h a rle s , Ya. — B o n d s A u t h o r i z e d — Im p ro v e m e n t bonds to th e a m o u n t o f $ 10,000 h a ve been a u c h o n z s d . Cape MSy*. N. J . — B o n d N ew s .— O ity R e co rd e r J . A s h to n W illia m s re p o rts to th e C h r i NIGLK th a t th e $ 50,000 o f bonds re c e n tly a u th o riz e I by p o p u la r vote w i l l n o t be o ffe re d fo r T h e p u r p o i e « < t b l « M a t e a n d C t i y D e p a r t m e n t sale u u t ii a b ill has been passed b y th e L e g is la tu re g iv in g th e la to furnish our subscribers with a weekly addition to and city* th e r ig h t to e xp e nd th e e n tire a m o u n t a t o n e -. continuation of the State and City Supplement. In other worda, with the new facta we shall give, the amplifications and corrections we shall publish, and the municipal laws we shall analyze in the ** State and City Department,” we expect to bring down weekly the information contained in the S tats and City Supplement to as near the current date as possible. Hence every Subscriber will at all times possess a complete and fresh cyclopedia of information re s p e c tin g Municipal Debts. B o n d P r o p o s a l* a n d S i e | o U a i l o n i . - W e have re ceived through the week the following notices of bonds r e c e n tly negotiated and bonds offered and to be offered for •ale. A th e n s , H a .— N o B o n d * A u t h o r i z e d .— I n re fe re n c e to th e re p o rt th a t th e people o f A th e n s w o u ld v o te on is s u in g bonds f o r p a v in g e s tim a te d to cost a b o u t $ 75,000, \V , W . T u rn e r, C it y C le rk a n d T re a s u re r, w rite s th e C h r o n ic l e th a t u p to th e p re se n t tim e no bond issue has been proposed. T h e m a t te r m a y , h o w e v e r, be b ro u g h t be fore th e C o u n c il la te r. B a lla r d S ch o o l D is t r ic t No. 50, Wash .— B o n d S a le —T hin school d is t r ic t w ill re -a d re rtis e f o r b id s o n $ 13,000 o f *5 per c e n t re fu n d in g bonds. O n ly one s a tis fa c to ry proposal w as received w h e n th e bonds w ere o ffe re d a fe w d a ys since, and th a t w as im m e d ia te ly w ith d r a w n It seems th a t th e loan as th e n a d ve rtise d waa m ade p a ya b le *• on o r Before tw e n ty y e a rs ," m a k in g th e bonds o p tio n a l a t a m tim e fro m da te, a nd was th e re fo re considered u e d e sira b le . T he b id s th e n su b m itte d w e rs as fo llo w s : T h e !* & B t r r o li, S p >kane, p a r a n d a p re m iu m o f # 1: S e y m o u r B ro s. & C o., T acom a, p a r a u l in te re st. d is tr ic t to a llo w $510 f o r a tto rn e y fees and h i ,n k bonds; E , H . G a y & C o., B oston, p a r, d is t r ic t to a llo w $300 fo r a tto rn e y fees and expenses, K u r re , Y t . — B o n d S a le .— C itv T re a s u re r B. H . W e lls re p o rts to th e C h r o n ic l e th a t a c it y lo a n o f 110,000 has re c e n tly been placed. I t is exp e cte d th a t a n o th e r n e w lo a n w ill be a u th o riz e d in a fe w m o n th s . B o o n e C o u n t}-, W . Ya .— B o n d E le c t io n ,— A n e le c tio n w ill be held in Boone C o u n ty n e x t M ay to vo te on the qu e stion o f is s u in g $400,000 o f bonds to th e W est V ir g in ia S o u th e rn R a il w a y f o r an e x te n s io n o f its lin e th ro u g h th e c o u n ty . B r o o k ly n , N. ¥ .— B o n d * P r o p o n e d .— A t a re<*-‘t»t co n fere n ce o f th e M a y o r a n d C o m p tro lle r w it h th e P re s id e n t a n d S u p e r in te n d e n t o f th e B o a rd o f E d u c a tio n it waa decid e d to issue $ 750,060 o f b o n d * f o r school b u ild in g s and $ l 3,um> f o r te x t books. Buffalo, N. Y,—B o n d O ffe r in g . — Proposals w ill he received u n t il J a n u a ry 80, 1896, by B ra stu s C. K n ig h t . C ity C o m p tr o lle r , fo r th e purchase o f $50,000 o f 8Jj[ per o* n t registered refunding bonds. 1896, in te re s t The securities will be dated January 1. w iii be paya ble s a m i-a n n u a lly on J a n m r v 1and J u ly J, a t th e o ffice o f the C ity C o m p tro lle r o r a t to * G a lla tin National Bank of N e w York, a n d th e p rin c ip a l w i 1 mature J a n u a ry 1, 1916. T he bonded d e b t o f B u ffa lo on th e fir s t d a y o f fa n u a ry , 1896. less bonds h e ld by th e c it y in s in k in g fu n d s , i- -SI 1,972,849. 62. The assessed v a lu a tio n o f th e ta x a b le re a l estate o f th e c ity , hy the ro ils o f the y e a r 1895, is $320, 061,3 t *.00. C h a g rin F a ils . O h io — B o n d * P r o p o s e d . — A n o rd in a n c e w i l l be s u b m itte d to th e L ig ia ia tu re p ro v id in g t h a t th e q u e s tio n o f issu in g $ 35,000 o f w a te r-w o rk s bonds be s u b m itte d to a v o te o f th e people a t th e s p rin g e le ctio n , w h ic h ta ke s p la ce in A p r il. C h ica g o S a n i t t t y D is t r ic t , I l L — B o n d s t o b e O ffe r e d .— At, a rece n t m e e tin g o f t i e tru ste e s o f th e C h ica g o S a n ita r y D is t r ic t , i t was o rd e re d th a t 4>£ p e r c e n t bonds f o r $ 1,000,000 be a d ve rtise d fo r sale. C h ip p e w a F a lls , YVts.— B o n d S a le — T he $ 300,000 o f b rid g e re p a ir bonds re c e n tly issued by C h ip p e w a F a lls have been purchased by th e F ir s t N a tio n a l a n d L u m b e rm a n 's N a tio n a l banks o f t h a t c i t y . C ic e ro , 11! . — .Vo B o n d * O ffere d . — T o w n C le rk N e lso n H a llg re n rep o rts th a t n o b o n d- a re be in g o ffe re d f o r sale b y th e to w n , b u t th a t bonds a re b e in g issued to c o n tra c to rs in p a y m e n t fo r th e im p ro v e m e n ts w h ic h a re in process. C lin t o n C o u n ty , M o .— B o n d S a le .— O n J a n . 15, ISP5, th is c o u n ty sold $ 15,000 o f 5 p e r ce n t c o u rt house a n d j t i l bonds to H . M. N oel & O o „ o f St. L o u is, M o ., a t 101. S ix bids in a ll w ere received. T h e se cu ritie s a re d a te d J a n . 2, 1898, a n d w ill m a tu re in fr o m 5 to 10 y e a r*. D a jt o n , O h io — B o n d Safe.— C ity C o m p tro lle r C. A . H e rbig re p o rts to th e CHRONICLE that on J a n u a ry 16th $ 29,000 o f garbage c re m a to ry bonds w e re sold to th e c it y s in k in g fu n d . The n e w securities w ill b=> dated F e b r u tr v 1, 1898. D e t r o it , M ic h .— B o n d O ffe r in g . -P ro p o s a ls w i l l be r e ce ived u n t il F e b ru a ry 8. 1898, b y F. A . Blades, C itv C o m p tr o lle r , f o r th e purchase o f $ 99,000 o f I per c e n t p u b lic se w e r b o n d *. T he s e cu ritie s w ill be d a te I M a rc h 2, 1896. in te re s t w ill be p a ra b le s e m i-a n n u a lly o n M a rch 2 a nd S e p te m b e rs , a t th e o ffice o f th e C ity T re a s u re r o r in N e w Y o r k C ity , and th e p r in c ip it w ill m a tu re M arch 2, 1928. W it h th is is-ue th e to ta l n e t d e n t o f th e c it y , e x c lu s iv e o f w a te r bonds, is $ 8,989, 532.09, T h e C h a rte r l im it o f bonded d e b t. 9 p e r ce n t on assessed v a lu a tio n ($ 209,596,8) 8), is $ 4, 191,728 80. B y d e d u c tin g fro m th is th e debt, us sta te d above th e present b o rr o w in g c a p a c ity is sh o w n to be $ 392, 804.51. E a s tc h e s te r S c h o o l D is t r ic t No. J. N , ¥ . — B o n d O ffe r in g — B ids w ill be opened in the school b u ild in g a t W a v e rly on J a n u a ry 27th b y th e B oard o f E d u c a tio n o f tin s d is t r ic t fo r $ 35,000 a t 4 p e r cent school bonds. In te re s t on th e se cu ritie s w ill be p a y a b le s e m i-a n n u a lly on M arch 1 a n d S e p te m b e r 1a t th e B a n k o f M o u n t V e rn o n , and th e p rin c ip a l w ill m a tu re a t th e ra te o f $ 1,850 y e a rly , fro m M a rc h 1, 1897, to M a rc h 1, 1916, bo th in c lu s iv e , ' va T he school d is tr ic t has a t pre se n t no bonded indebtedness and its assessed v a lu a tio n is $ 130,335. F a ll R iv e r , Mass,— B o n d s P r o p o s e d . — A n a d d itio n a l lo a n o f $75,000 has been a u th o riz e d b y th e C ity G o v e rn m e n t f o r th e n e w lib r a ry b u ild in g . T h e L e g is la tu re w ill n o w be p e titio n e d fo r a u th o r ity to issue bonds to th is a m o u n t. G a lv e s to n . T e x . — B on d * A p p r o v e d ,— The A tto rn e y -G e n e ra l o f Texas haa a p p ro ve d o f am is tu e o f G alveatoo f u n d in g bonds a m o u n tin g to $ 200, 000. G a s to n ia , N, C .— B o n d E lectio n . — T h e peopl > o f G a s to n ia w ill vo te F e b ru a ry 10 on issu in g b o n d * f o r w a te r w o rk s . G o g lie n , N , Y — B o n d s A u t h o r iz e d . — T h e N e w Y o r k le g is la tu re has passed a b ill a u th o riz in g th e v illa g e o f G oshen to issue 5 p r r ce n t 29-y e a r w ite r - w o r k s bonds f o r $ 29, 000. U)(> THE CHRONICLE. Green Cove Springs, Fla.—.B onds A u th o riz ed .— Improve-, ment bonds io the amount of $40,000 have been voted. Greeneville, Miss.— Bonds A u th orized . —Bonds of Greeneville to the amount of $00,000 have been voted for waterwor Its. Hiekory N. C.—Bonds P ro p o sed .—It is reported that bonds of tins city will be issued for water-works. Honey Hr ok, Pa . — B on d E lection .— A vote will be taken February 1$ on issuing $>5,000 of water works bonds. Hyattsvllle, Md.—B on d s P rop osed . —Six per cent water works bonds for $250,000 are under consideration. Jertuyn. I’ a .— B on d E lectio n .—The citizens of this munic ipality « ill vote on lotting bonds for water-works. Lincoln, Calif.— B on d O ffering. —Proposal will be received until January 31. 1806, by C. F. Burman, Treasurer, for the purchase of $20 000 of 5 per cent water-works bonds maturing in 1935. Luck, Wis.—Bonds A u th orized . —M. C. Pedersen, Chair man, reports to the CHRONICLE that $3,000 of bond? recently vc trd by the town in aid of the Ashland Minneapolis & St. Paul Railr >ad will not be ( ffered for sale, but wilt be turned over to the company as soon as the road is completed. Hatl ison vll 1*\ Ky — B on d I s s u e —An election held January 14. on i-suing $21,li00 of water-works bonds, resulted in a vote of 421 for ai d 17 against the proposition. The town’s law yer differ as to whether or not the bonds carried, the Constitution requiring two-thirds of those voting to be in favor of the issue, while the charter requires two-thirds of all the voters of the town. The question will shortly be setiled by the Court. May Held, P a —Bond E lection . —A vote will be taken on the qu stion of issuing water-works bonds. Middle Lanp Valley Irrigation District, B'aine, Custer and Vallty touutirs, N eb—B on d N ew s.— Charles Nicoli, Secretary n p irls to the C hronicle that 8100,0^0 of bonds of this district which failed to sell on January 6 will not be re-adverti-ed until after the decision o f the Untited States Supreme Court as to their legality. Interest on the loan will be pay a tJe eetni-anDually. and $5,000 of the principal will ma ure in U years, $6,000 in 12 years, 87,000 in 13 years, $8,(00 in 14 years, $9,000 in 15 years, $10,000 in 16 years. $11,000 in 17 years, $13,000 in 18 years, $15,000 in 19 years and $16,000 in 20 years from date. Priocip 1 and interest will be payable at ihe tffice of the State Treasurer. M illedgeiille, Ga.—B on d O ffering. —Proposals will be re ceived un il February 3, 1890, by City Treasurer P. L. Fair for the purchase of $22,000 of 6 per cent city bonds. The se curities will be dated December 1. 1895, interest will be pay able annually on December 1 and the principal will mature at the rate of $,00 yearly for 20 years from date and $19,100 in 30 years. Miles City, Mont.—B on d O ffer in g —S. Gordon, City Clerk, reports to the CHRONICLE that it was discovered shortly after arrangements lor the sale of $17 000 of 6 per cent water and electric-light bonds on January lo, 1896, by sealed bids had been made, that the new code of the State, which went into effect last July, require that municipal bonds be sold at public auction. Bids received were therefore rejected on the above-mentioned date, and the securities will now be offered at public auction on February 24. The loan is dated January 1, 1896, interest is payable semi-annually and the principal will mature January 1,1916, with an option of call at any time after January 1, 1906. Milford. Muss.— Bonds P rop osed —The taxpayers of Milford have petitioned the Legislature for authority to issue bridge bonds for $10,000. Milwaukee, \\ is.—Bonds P rop osed .— An ordinance author izing the iB.ue of $75,000 worth of bonds for the construction of a bridge at Huron Street was favorably reported upon by the Committee on Finance of the Milwaukee Common Coun cil. Mississippi.—B on d s P rop osed .— It is proposed to issue State of Mississippi bonds for $1,000,000 for the-ereclion of a new capitol building at Jackson Mom d s'ille Independent School I'istrict, W. Ta.—B on d Sale.—On January 15, 1896, this district sold $25,000 of 5% per cent 25-year bonds to the Marshall County Bank, ot Moundsville, at 101 and accrued interest. Other bids were re ceived as follow s: S. A. Kean. Chicago, 97-80; W. J. Hayes & Sods. Cleveland, Ohio, 100-64 ; S. J. Elliott, New Mariinsville, 100T0: James Cummins, Wheeling, 101-50. Tbe latler bid was for only $6,000 of the amount and hence was rejected. Mount Airy, N. C.— Bond E lection . —The citizens of Mount Airy will vote in March on issuing water-works bonds to the amount of $25,000. Newlon Mbs*.—B on d s A u th orized .— It is reported that this city will is-u- 4 per cent street improvement bonds to the amount of $20<>,000. Ogbkm-h. Wi*.—B on d O ffering. —Proposals will be received until Februnty 1, 1896, l y Floram Latnptrr, City Comptroller, for tbe pun haie of $8,000 of 4}^ per cent school bonds. The securith s are dated December 10, 1895, interest is parable annually at d tbe pr ncipal will become due iD 1914. or at the option of the city after five years from date. The city’s total debt (all bonded) excluding the above-mentioned loan, Is [Vol. LXII. $245,868. Its assessed valuation for 1895 was $8,849,263; real valuation, $20,000,000. The population in 1895, according to the State census, was 26.966. Pella, Iowa—Bond O fferin g .—Proposals will be received until February 15, 1896, by John Faassen, City Clerk, for the purchase of $5,000 of 5 per cent water-works bonds. The se curities are dated April 1, 1895, interest is payable semi-an->ually in April and October, and the principal will mature April 1, 1915, with an option of call after April 1, 1905. Purchaser must deliver money February 25, 1896. If the water supply is to be taken from a well now being drilled $14,000 or more additional bonds will be sold. The city’s b rnded debt is at present only $500 Its assessed valoa'ion (which is ahout of actual value) for 1895 was 8414,145; total tax per $1,000, $29 75. The population, accord ing to local figures, is 2,623. Philadelphia, Pa.—B on d N ew s .—It is reported that no pro ceedings will beins'ltuted lo decide on the legality of $2,000,000 of binds recently authoriz -d for widening Delaware Ave nue in Philadelphia, as it has been determined that the loan would not increase the city debt beyond i s legal limit. San Leandro, Calif.—Bond O fferin g .—Proposals will be re ceived until February 3. 1896, by F. H Williams, City Clerk,, for the purchase of $10,000 of 6 per cent electric-light plant bonds. The securities will be dated January 1, 1896, interest wilt be payable annually, and the principal will mature at the rate of $250 yearly, in from one to forty years from date, pay able at the office of the City Treasurer. Sioux Ci>y, Iowa — B on d Issu e .—Abel Anderson, City Treasurer, w ires the Chronicle, in reference to a report that $40,100 <f 4J£ per cent 10 to 20 year refunding bonds of Sioux City have been authorized, that the securities are part of an issue of bonds sold last summer to Messrs Roberts & Co., of New York. Spokane, Wash.—B on d O ffer in g —Proposals will be re ceived until March 2. 1896, at the office of George A. Liebes, City Comptroller, for the purchase of $350,000 of 5 percent g >Id water wores bonds. The securities are c ated January 1, 1896. interest is payable semi-annually on Januar y 1 and July 1, and the principal will mature at the rate of .$3\000 yearly from January 1, 1907. to 1909, $35,000 yearly trom January 1, 1910, to 1912, and $40,000 yearly from January 1, 1914, to 1916. Both principal and interest will be payable at the State Fiscal Agency, New York. This loan is issued to take up the “ rheis & Birroll New Water Works Warrants,” amount ing to $300,OoO, and bearing interest at the rate of 8 per cent, to complete the New Works system and to t xtend the same tbr. ugh the district known as -‘Hillsdale.” They are not to be considered a general debt of the city, having been de clared a contingent liability only (Supreme Court decision, Winston vs. City of Spokane) and are payable out of the reve nues of the water system and not otherwise. In connection with the official statement regarding the above-mentioned loan the following statistics reliting to the city’s finances on January 1, 1895, are given for general in formal ion: Water honrls—Tine 1914, n per cen t............................... *50,000 Water bimds—Due 19 8, 6 per ceut................................ 70/100 500,000 Water bonds—Due 1911, ti per cent................................ General municipal bonds—Due 1911, 0 per cent............ 700,000 Total........................................................................ *1,320,000 Floating debt ....................................... ..................... *194,343 87 Less cash on hand, applicable to payments of warrants.. 30,311 42 Net amount of floating debt-................................ ......... * ’ 61,332 25 Assessed valua'ion. 1-95 .................... .................... *15.313,102 Actual valuation (approximated), 1895.......................... 25,000,000 Street grade, sewer and sidewalk warrants are omitted from the statement regarding the city’s finances, as constituting a contingent liability only, payment of which has been provided for bv special assessments levied on the abutting property benefited by such improvement. South Glens Falls, N. Y.—B on d O ffering. —Village Clerk J. H. S. McCarthy reports to the C h r o n ic l e that $50,000 of 4 per cent water-works bonds, which were recently authorized by a vote of 201 to 17, will he offered for sale at public auction in about three weeks. Interest on the securities will be paya ble semi-annually on February 1 and August 1, and the prin cipal will run for twenty years. The village has no debt at present, and its real valuation is about $2,000,000. S tiis a n , Calif.—Bond E le ctio n . —A vote will be taken Feb ruary 18, 1896, on issuing $42,000 of bonds for a system of water-works. The town has at present no outstanding in debtedness and its assessed valuation is $326,966. Swanton, Y t —B on d s A u th o riz ed —Bonds of this town to the amount of $35,000 have been voted. Texas.— W a rra n t Gall. —The Texas State Treasurer has issued a call for registered general revenue warrants up to and including No. 15,000 and aggregating $70,000. Toledo, Ohio.—Bond. O ffer in g —Proposals will be received until Feb. 17 for the purchase of $89,000 of 4}^ per cent 15 or 20-year school bonds. Towaiids, Pa.— Bonds A u th oriz ed . —Four per cent funding bonds to amount of $15,000 will be issued. Tbe loan will be come due February, 1906, with an option of call February, 1898. Tttnkliannock, Pa — Bond E lection . — A vote will betaken next month on issuing about $15,000 of sewerage bonds. JANUARY35, 1396.) THE CHRONICLE. 19T All of the street improvement bonds are payable by special assess Troy, N. T .— B o n d O fferin g .— P roposals w i l l be re ce ive d u n t il J a n . 37, 1896, b y James W . C o ffe y , C ity C o m p 'ro lle r, ment. The sinking funds are divided into three separate funds, as follows: f o r th e pu rch a se o f 110,000 o f p e r c e n t w a te r-w o rk s bonds. $1,884 T he se c u ritie s w i l l be d a te d Feb. 1, 1896, in te re s t w ill be p a y Fund of 1S62............... $1,300,112 ( General fund................ Viaduct funa................ 703,287 | Total (par value).......... 2,005,283 a b le s e m i-a n n u a lly on Feb. 1 a n d A u g . 1a t th e o ffice o f th e C ity C h a m b e rla in in T ro v , a n d § 5,000 o f th e p r in c ip a l w i l l WATER WORKS-—The city owns its waterworks, the income from m a tu re Feb. 1, 1908, and $5,000 on Feb, I , 1907. which iu 1805 amounted to $601.492-07. V ir g i n i a . — B o n d s A u t h o r i z e d .— T he V ir g in ia L e g is la tu re ASSESSED VALUATION ETC.-The city’s total funded debt, sink has a u th o riz e d th e issuance o f bonds f o r § 300,000 f o r r e p a ir ing fund assets, assessed valuation and tax rate for the last flfteen years in g th e loss to th e U n iv e r s ity o f V ir g in ia r e c e n tly caused b y have been us follows. Real estate is assessed at about its actual value, fire . Total Sinlduii A ssessed Tax Rale F un ded Deb!. F u n d Asset*. Tears. Till tuition. p e r $ l ,000 1895.............. $2,005,233 $134,562,905 $28-50 2,330.500 189-1.............. 132,839,905 28-10 1893.................... 7,623,000 128.515,990 27-90 2,131,702 W e s u b jo in re p o rts as to m u n ic ip a l debts re c e iv e d since 1892.................... 6,792,0002,150,998 121,280,215 27-50 2,027,050 1891..............___ 8,433,700 117,833,205 28-30 th e last p u b lic a tio n of our State and Cit y Supplem ent . 1890.............. 2,028,895 99,614,055 29-30 Som e o f these re p o rts are w h o lly n e w a n d o th ers c o v e r ite rr S 1=•*;>............. 1,955,404 95,949,135 27-90 1888.................... 8,349,800 1,887,496 95,922,085 28-30 o f in fo rm a tio n a d d itio n a l to those g iv e n in th e S upplem en " 1887.............. 1,802,294 93,628,410 28-30 1886.............. .... 8,035,330 1.733,724 91,084,406 24-80 a n d o f in te re s t to in v e s to rs . 1885.............. 1,727.905 88,885,845 26-00 US44.1S2 85,978,500 25-50 B r o o k e C o u n ty , W . Y a .— Below ia a statement of the 188-1.............. .... 7,273.800 1883.............. 1,553,601 84,190,060 27-30 fin a n c ia l c o n d itio n o f B ro o k e C o u n ty , w h ic h hag been co r 1,550,403 1882.............. 82,884,212 ........ 1881.............. .... 7,009,116 1,657.877 79,586,156 ........ rected to d a te by means o f a special report to the C hronicle 1880.............. .... 7.948.383 1,802,*71 73,647,194 ........ fro m G , W . M cC o rd , C le rk . * The iignres tor 1-95, 1894, 1893 and 1892 do not include the water C o u n ty seat is Welbburgh. The sinking fu n d receives $ 7,380 a n n u a lly o u t o f the c o u n ty le v y to pay th e in te re s t a n d debt, STATE AND CITY DEBT CHANGES. principal of the bonded d e b t. LOANSW hen D ue j SinWBt fund.................. $3,100 COBSTT Bonds--1679— 1Set debt Dec. 21,1885 . .. 108,150 6 -............$1.300............. ......... 1899 Tax valuation, real.........2,3*9.965 Subject to call at any time. Tax valuation, personal. 71-2,433 Tax valuation, railroads - 596,601 Refunding Bond*—1*93— S,698,99!) 4s. <emi-ahn., $106,500. ----- 1913 Total valuation 1895 Subject toeall after 1903. Assessment about % actual value statedeo. tax (per3 l.OOO) $10-40 Bonded debCDee. 21, '05 *i 08,000 Floating debt.................. ’ 3,550 Population In 1890 was........ 6.660 . Total debt.................. -... 11.1.550. population 1805 (estimated) $.000 P O P U L A T I O N . — In 1890 population was 261,333: iu 1880 it w a s 160,146: in ^*70 it was 92,829. Population iu 1895 (local estimate), 850,000. T r e y , N. Y.— F ra n c is J . Molloy, M a y o r, T h e f o il tw in g s ta te m e n t o f th e d e b t a n d g e n e ra l fin a n c ia l c o n d itio n o f T ro y has been c o rre c te d to J a n u a r y 1, 189(1, b y m eans o f a sp e cia l report to th e Chboniclk fr o m C ity C h a m b e rla in J . F , B rid g e m an . Ten th o u sa n d d o lla rs o f 3t<j p e r c e n t w a te r b o n d s are Cleveland, Ohio.—Robert McKiason, Mayor, The follow offered f o r sale o n J a n u a ry 27. T h e s e c u ritie s are d a ted Feb ing statement has t een corrected to date by means of a special ru a r y 1. 1896, a n d $5,000 o f th e a m o u n t w i l l m a tu re F e b m a ry report to (he C hronicle from City Auditor H. L. Roasiter. 1, 1903, a nd $ 5,000 on F e b ru a ry 1, 1907. During the past jear several of the surrounding county towns T ro y is s itu a te d in Rensselaer C o u n ty , and is re sp o n sib le have been a n nexed to th e c it y o f C le v e la n d , a n d th e f o r no r fo r a tx m t fo u r-s e v e n th s o f th e c o u n ty d e b t, w h ic h on J a n u a r y indebtedness o f th e to w n s has becom e a p a rt o f th e c it y d e b t. 1, 1896, a m o u n te d to $553,000. T h is c ity is s itu a te d »n C u ya h o g a C o u n ty . — Interest. - M n e ip m t,LOANSWhen Due. Hate. Paynhte. O u tttan d'g Con.— NAME AND PURPOSE, LOANSWAcrt Omr. School House <Bi> B kidok Bosnia— May. 1002 Bonds (funding)...... 1-968 e a M A S Sept. t. 1*96 1»*». MAM,$300,000 C$20,000 •lo 5*, AAO, $ 1 6 , ...Out.. 1997 4>*», JAD, 175,000... June. 1002 do 0 6 MA 8 Sept 1, 1897 Cl 0,000 5*. AAO, 05,000. Oct.. 1909 4 Ns, JAB, 100,000.1»cc. 1, U« 14 do (funding).i9 6 0 e 7 J A .1 July 1, 1896 >-20,000 Sewer Bonds— 5s, AAO. 20,006. ...Oct., I960 do do do c 7 J A J July i, 1897 >-10,000 iln 5s, AAO, 283.000____ Oct,, 190a 5s, AAO, $2,0 KJ.........Apr., 1800 i do 1894 e I .1 A » June 2, 1907 610,000 5s, AAO, 20.000. . ,Ovt,. 1903 5s, AAO, 35.000......... Oct, 1806 . do do e 4 J A B Jne2,'96to’1904 bl 60.000 4***, AAO. 74 000. .. Oct,. 1897 5*. VAO. 2..RMI ... Apr., 1*07 Maturing $30,000 or $25,000 each year. AA " , ei.'.HH. .. *% !, AAO. 60.000....... Oct., 1890 do do 1887 r 3Hs F ft A Aug. 12,1907 5.000 4s, MAS. 10,000........M*r„ 1900 i 5*. AAO, 3.000........Apr,, 1888 do do 3‘e A Aug. 12,1898 15.000 4*. MAN, 30,000 --------.May. 1900 *v«, AAO. 63,000 ___Otst., 1898 do do 20.000 A Aug. 12,1880 3% 4s. AAO, 69,000 •Oct.. 1900 ft*, AAO, 43,000... Oct. 1.890. dt> A Aug. 12,1900 do -1,000 3Hi 4s. AAO, 30,000. AftO, 106,000........Oct, 1900 -Oct. 1902 ft*. . i Aug. 12, 1905 -07) Ca n a l B ondai 5*. AAO, 32.0OO.........Oct.. 1001 do do 3Hi 30.000 / $10.000yearly. < 7», MAS. $26,006 Wept. ,1090 i 5s, AAO. 50,000......... Oct.. 1002 do do 1887 r SH J July 11, 1907 cl 0,000 6a. MAN. 11.000 Nov. 1808 4 •*», AAO, 10,000.......Oct. 1897 A Aug. 1,1996 17.000 9, adtu, 5s. AAO, i.iu.wv, 150.000. . . . . ,t.J 1902 |4hi*. AAO. 20,000....... Oct., 1808 Bridge improvement........ 3 % 1976c 6 J J n trl,'96-1001 18.000 Elkvatkd Road was struct iMFKOVt WKST Bonds— • City uall bonds 5s. JAB, $150,000 . _.June. 1903 0«.................*10,000. Sept..1898 Maturing $2,000 or $3,000 each yetir. 5s. J&B, 232,000.... June, 1001 6*............. 14,670. Sept. 1900 parttiwnd,........ ............... 3 hi M ft Muy 1, 1909 a t,000 4s, JAJ, 173,000....Jam, i»oi Os. 12,930..Sept., !!»0O llO Oct 1,1910 3 Hi A A a 5.000 4 1, MAN. «0,00<> , .May. 1901 rts............. 11,080. Sept 1001 ........ 1895 3 do J ft June 1. 1911 4.000 4s, AAO, $100,000. Oct. 1002 19.750 j.:., 1002 3 d 4 > 1803 J ft June l, 1912 2.000 4s. .IAJ, 100,000 . 1908 ........ 4,000,. Sept., 1903 do ........ .......1805 3 J ft June 1. 1914 4,000 «S. JAB. 75,000. .Jarte, 1003 ........ 4.000, Sops.. 1SK11 M ft 8 Fire DBCAimtBirr— ------2.800. sept. 1005 Public tmililing,...... 1884 r fls, ..... , $1,000 __ 1896 to -0s AAO, 100.9-1. Apr. 1, 1896 M ft do Ncpt.ao, 1910 1.15,000 5s, AAO. 100,000....... Oct., 1902 i AAO, 96,000.. Oct 1.1806 4l 4> do M ft N Nor.20, littt 19*6 r <111,500 5s. AAO. 147,000........Oct., 1003 j AAO. 83.666.. Apr. 1. 1897 do do ..1893 A ft i> Oct. 16, 1.901 8,000 FrJNDED DB8Ti 5s, AAO, Jii.OOo.-Oet, I, 1807 df4 do A ft O Oet 16, '05 to'08 .1803 10,000 5s, MAS, *276,000... .Sept.l-ttoS Street Opening Bond*— 1*10,000 doe yearly.) os, AAO, 26,000....Oct., 1807 4*. AAO, $00.000........\pr.ftOct , i Ang. 1, 190.V07) 5s. AAO, 265,000,. Oct,. 1800 ($5,000 sctnl-nn.) to Oct, 1900 do do ... 1895 3>fl K * A 34.000 t $9,600 yearly. 5 5*. AAO, 156,000.... Oft., 1900 viaduct Bonos— ut> do -.1895 3 H i F ft A Atig. f, 1908 10.000 5s, AAO, 3 0 ,0 0 0 ... Oct. 1001 0», FAA, $500,000. .Aug., J900 do do ISSOr 3 A ft () Oct. 19, 1997 1.000 As. MAN. 100,000 .. Nov., 1901 Of*. JAX>, 123,000 June, 1807 <io r 3 A 4 1 4 1 ft O Oet. 19, 1890 20,000 5«. AAO, 227,000... Oct., 1902 ti«. MAN, 100.000 .Nov.. 1897 < Oct. 19,1900*402/ 4$), AAO, 217,000....Oct., 1898 MAS. 1041,0041 M„r. 1898 do do V I V . a 18,000 - - $6,000yearly, 4.S. MAS, 117,000___Sept., 1898 6s. JAB, 300,04)0. Jane. 1808 do do 1891. 8 Feb, 17, Iiliil V ft A .2,005 4s, AAO. 46,060 ...April, 1902 6s, MAN 170.04HI N.,V.1S08 do 8 1891 . do J & It June 1, >910 6.000 43, AAO, 1100,000.. WU,' *». Apr. 1,1901 5*. JAB. 125,4)00..Jutt., 1907 do 4lO 1801, 8 J ft V June 1, 1911 6,000 T ask Bonds— AftO, 150,000.0.4 1,1004 Public Itnprovcm’nt, 1898. A ft 4 o Oet, 1.6. 1912 15.000 4s, AA'>, $400,000...Oct. 1,1020 Wate r W<m k $~do do 1893. 1 A ft o oet, io, 1913 40.000 4s. AAO, 500,000...Apr. 1.1024 $1,117 Sept., 1806 do 189.2 4 do A ft o Oct 10, 1914 40.000 Police siation— Mft.9, 503,867. Sept., 1897 do 3SOI, 3% J ft n Due. 1, 1910 15.000 5s, MAN, 820,OOf*...... Slav, 1001 1.410 1*39 ft'HO do 1891.. 8 H ,1 ft i) ft 20.000 Dec. 1, 1911 m a s , 278.000. . Mar.. 1000 4%’ MAN. 100.000 .... Nov., 1.997 do 1891 , 8 H J ft D do Dec. 1, 19X2 30.000 SctiOOt House (BT>BI)BCATI<in-|. 12,000. .Julv, 1903 5 Dec. 15.1605-'11 «S................ $11,000 1806 to '09 AAt.*". 400,000-Apr., 1902 do 1892. 3%» J ft D ! )io 70(000 ) $10,004) yearly, 6s............. 30.000.3ep. 1902-'16 JAJ. 100,000 Jan.. 1902 do 4l4> 1892. 3% J ft I) Dec. 15. 1912 5.000 5s, JAB, 106.1*00.......fane, 1903 A *0 . 20 0.000. Apr.. 1903 e . 4Aug. 1,190S)-'14? 5s. j& » . i04i,ooo.......fane. ioo« AftO. 200.4)00.Oet 1.1005 do do 1894. 3Hs rp ft 60.000 A > , $10,000 wKiVwin yearly, ,.....ct« j4 4 V . MAN, 83,000.Muy 24, 1*96 MAP. 100.000. .Sept, 1902 do do 10.000 1895. 3% J ft Jau. 10.1918 PAR VALUE-—All bonds are tor $1,000 each. do 4io Jan, 10, 19U 3<e J ft 8.000 do do INTEREST Is payable at the American H-u-hattge National Bank, 25.000 1805. 3-i F ft Aug. I, 1915 fl4) .Sept. I, 1900 do 1690, 3 M ft 10.000 New York City. do do Hept.i, 1901 M ft 3 10.000 TOTAL DEBT, SINKING FUNDS, Etc. -T?m*subjoined Mateineat , do d4 > 3 Sopt 1, 1902 20.000 M ft shows LfeTfeLind'53 totfii rotiisielfttl debt. the fund hold 'by the do do •Mft s e p t l, 1908 3 20,000 d o do M ft 16,000 3 sept, t, 1904 «ily against the flic water debt, and fche d tj's boating debt, on ( Deo. l,190D-’O8) do do the' ftr*t of J&xm&ry of each of tbo last four years. 3 J ft ( $ 10,000 yearly S 40.000 do in m , i$ m . 1 m n. ill) 1893. 1*91. 3 June 15,1908 10.000 <T A Total bonded debt,....$7.21,5.211 .?^rrtm xjH W .-S7.02'Ajmn .*0,792,000 do do 10,000 issn. 3 Juno 15,1005 J ft Smitloif hmrta,.. . . . 2,005,283 h$d0,500 "'.1.81,702 *-* (io 2,150,998 i d o June 15,1906 J ft 10.000 1891 . 3 do ■ do 1)043, 1, 1909 .1 ft 8,000 3 ^*et debt ,hm . I .. f5,209J»2*4 #5,732,590 $5,441*229 3 do ^ 1,035,002 do M ft 10.000 1801. 3 Sopt, 1, 1908 Water debt addin. . $1,798,213 i 1.775.000 #1,775,000 *1.775,000 i d o 20.000 do 1891. 3 seat, I. 1909 M ft WUmflm debt,.......... $ 083, \m m m .t n 4 '327,807 137,680 ; Ketisselai-r St Imp. 1*95. 3>g M ft SNov. 1, t000-'0*) 25,000 Io “.oti bonded dobf,.. | 50d.002 72,870 f70,906 i t $5,000 yearly.! i MW335S3?} t [Vox. LXI f, THE CHRONICLE. 198 LOANS- NAME AND PURPOSE. Water Works Bonds:- HISTORY OF D E B T .—F o r a h is to r y o f P e n n sy lv a n ia ’ s S tate d e b t ---------Principal.--------- When Due. Outsland'g• fro m 1 78 9 to th e p re s e n t tim e, see th e S t a t e a n d C i t y S u p p l e m e n t o f — Interest. — < Hate. Payable. 1893, p a g e s 63 a n d 6 4. T he d e ta ils o f the d e b t as i t n o w e x is ts a re 5 M & N M ay l ,'9 6 t o l 9 0 2 a $ 4 0 ,0 0 0 ! su b join ed . Issue o f M ay 1 ,1 8 7 9 ........ e* LOANS— -— .— . ,----------Principal,---------- M aturing * 1 0 ,0 0 0 e a ch e v e n yea r. When Dae. Oulstand’a. , ni, , in, F & A A u g. 1 , 95—1901 <122.500 NAME AND PURPOSE. do A g ricu ltu ra l C o lleg e b ds, 7 2 .r 6 F & A F ob. 1, 1 922 $ 5 0 0 ,0 0 0 ' M aturing $7.r>00 o v a ry third y ea r f r o m 1896 to 1904. F u n d in g lo a n , 1 8 8 1 .......................r 4 X & A Fab. 1, 1 9 1 2 4 ,5 2 1 ,2 5 0 d o c* .li« F «.t A A ug. 1 ,1 9 0 7 — 10 _ ^ 9,0 00 do 1 8 8 1 .......................r 3 1 3 F & A F eb . 1, 1 9 1 2 1,642,900" M a tu rin g ^ , 0 0 0 e v ery th ird y ea r from 1907 to 1919. 5 H eld in S tate ) P ro c e e d s o f fa rm sale, 1 8 8 7 .. . 6 Q u ar. ( T re a su ry . 5 i.o u ir A p ril l ! 1 8 8 0 .c* Oh, A * ^ O .O O o ' do P a st due. 1 3 5 ,159 1 bio,000 U n fu n d ed d e b t .............................. H as ceased. A * O A p r. 1, 1 90 0 ' ’ " " 3*e <lo do 1.10,000 PAR VALUE OF B O N D S .—T hose b o n d s a re in p ie ce s o f $50, $100 3«* A A O A p r. 1, 1901 do do . JAug. 1'96 to 1900) b 2 5 ,0 0 0 an d m u ltip le s o f $ 10 0 . .A u g u st 1 , 1 8 8 1 . 0 * 3>s *' “ A ) $ 5 ,0 0 0 yea rly , do INTEREST o n th e A g ricu ltu ra l C olleg e lo a n is p a y a b le a t th e S ta te ,, . May 1 1 9 1 0 t o ’ 1 9 ) b50,000 M ay, 1883.0.* 3>t do $ 5 ,0 0 0 yea rly. S T re a s u re r's o llico in H a r r is b u r g ; o n a ll o th e r b o n d s a t F a rm e rs ’ & e 5 ,0 0 0 J & D June 1, 1903 4 J u n o 1 ,1 8 8 4 .r do <:5,000 M e ch a n ics' B a n k in P h ila d elp h ia . J A D June 1, 1904 4 do do c 40 ,0 0 0 TOTAL DEBT ETC.—T h e su b jo in e d sta te m e n t sh o w s P e n n s y lv a . 4. J A D June 1 ,1905-’09 do do Maturing $10,000 yearly, omitting 1907. n ia 's to ta l p u b lic d ebt, th e sin k in g fu n d h e ld b y th e S tate a g a in st th e do of Novein. 2,1885 r 38. & N Nov. 1, lO ll a$o,000 sam e, and th e S tate’ s u n fu n d e d d eb t, on th e d a tes in d ica te d , » 5 ,0 0 0 8,i„ do r 3>a M & N Nov. 1, 1912 8 Dec, 1 ,1 8 9 5 . Dee. X, 1 894. Dec. 1,, 1893. u 7 ,5 0 0 'do llo r 3 s, M * N Nov. X, 1914 $ 8,2 8 8 ,0 6 1 a 7 ,5 0 0 $ 6 ,8 1 9 ,6 6 1 T o ta l p u b lic d e b t ........................ $ 0 ,8 1 6 ,3 0 9 a do do r 3hi M & N Nov. 1, 1915 5,883,065. 4,775,008 al.OOO S in k in g fu n d s ............................... <1,906,989 Jdo do r 3*s M A N Nov. 1, 1917 Interest P-Ot. Pai/able. 1 0 { % ^ Z % 99\ i m J N e t d e b t ................................... $ 1 ,8 5 9 ,3 2 0 $ 2 ,0 4 4 ,6 5 3 $2,4 04 ,9 9 6 U n fu n d ed d e b t (in ci'd a b o v e ). 1 3 5 ,1 5 9 1 3 8 ,5 1 1 1 3 5 ,21 1 A m o u n t o f d eb t red eem ed......... 3 ,5 o 2 1 ,4 6 8 ,4 0 0 106,401 INTEREST is p a id a t otlice o f C ity C ham berlain. T he s in k in g fu n d o n D e c e m b e r 1 ,1 8 9 5 , h eld th e fo llo w in g s e cu ritie s r TOTAL DEBT, SINKING FUND, ETC.—T h e sub join ed statem ent j A lleg h en y V a lle y R a ilro a d b o n d s, $ 1 ,4 0 0 ,0 0 0 ; in te re s t o n s a m e , sh o w s T r o y 's to ta l m uuioipal d eb t, th e sin kin g ftm d held b y the city j $ 2 9 ,1 6 7 ; U nited S tates 4 p e r ce n t co n s o ls , a t 1 1 1 1*, $ 3 ,0 8 7 ,1 8 7 , a n d a ga in st th e sam e, an d th e w a ter d eb t, on the dates indicated. ca sh , $ 4 4 0 ,6 2 5 ; to ta l, $ 4 ,9 5 6 ,9 8 9 . T h e u n fu n d ed d eb t m e n tio n e d in th e a b o v e ta b le o o n sists o f r e lie f Jan . 1 ,'9 6 . J an . 1, '9 5 . J an . 1, ’ 94. Jan . 1 /9 8 ; T o ta l m un icip a l d e b t.$ 1 ,2 0 8 ,2 6 0 $ 1,1 8 2 ,2 6 5 $1,0 90 ,7 1 8 $1,0 05 ,7 0 0 n o te s in c irc u la tio n , in te re st ce rtifica te s u n cla im e d , in te re st c e r tifi 67,463 65,000 ................... ' **"“ * " 65,601 Btuk. fun ds, caph, e tc . 6 8,2 40 ca te s ou tsta n d in g , an d b o n d s p a st d u e u p o n w h ich in te re s t has. $93 8 ,2 3 7 cea sed. N et m u n icip a l d eb t. ..$ 1 ,1 4 0 ,0 2 6 $ 1 ,1 1 6 ,6 6 4 $1,0 31 ,7 1 8 351 ,00 0 2 4 8 ,4 9 3 W ater d eb t additional 2 9 3 ,5 0 0 ASSESSED VALUATION ha s b e e n as f o l l o w s : 38,713 S tu klngT u nd s, e t c . 42,4 62 a B ond s fo r $ 1 , 0 0 0 each, b B o n d s fo r $ 5 ,0 0 0 e fe h . c B on d s fo r $ l o , 0 00 each. <1 B on d s fo r $ 50 0 , e tc. y B on d s fo r $ l ,0 0 0 and $ 1 0 ,00 0 N et w a ter d e b t............ $ 2 9 9 ,5 1 7 $ 25 1 ,0 3 8 $ 31 2 ,2 8 7 WATER B O N D S .—T h e in terest a u d p rin cip a l o f th e w a ter w ork s b on d s a re p ro v id e d fo r b y th e W ater C om m ission ers from w ater ren ts. ASSESSED V A L U A T I O N .—The city ’ assessed va lu a tion and ta x rate have b een as fo llo w s, p ro p e rty h a v in g been assessed a t abou t full v a lu e sin ce 1 8 8 5 : Years. Heal. Rate of Tax per $1,000. Assessed Valuation. Total. Personal. $ 4,8 51 ,2 5 1 $ 4 7 ,41 7 ,9 8 7 $19-86 1 8 9 5 ...................... $ 4 2 ,5 6 6 ,7 3 6 4,7 9 9,57 5 46,9 87 ,3 8 8 19-80 1 8 9 4 ...................... 4 2 ,1 87 ,8 1 3 4 7,0 73 ,3 5 2 19-96 4 ,9 3 3 ,9 7 7 1 8 9 3 ...................... 4 2 ,1 3 9 ,3 7 5 5,0 9 3,26 5 4 7 ,2 36 ,3 2 7 19-55 1 892 ....................... 4 2,1 4 2 ,0 6 2 47,2 53 ,1 8 3 19-80 5,1 9 2,48 5 1 8 9 1 ...................... 4 2 ,0 60 ,6 9 8 185 ,1 9 8 ,0 0 0 4 7 ,0 48 ,2 9 0 1 S 9 0 ...................... 4 1 ,8 5 0 ,2 9 6 4 8 ,1 81 ,4 2 2 195 ,4 9 1 ,3 2 0 1 8 8 9 ...................... 4 2 ,6 9 0 ,1 0 2 48,0 52 ,8 7 2 1SSS...................... 4 2,4 5 4 ,4 4 5 5 ,5 9 8 ,4 2 7 17-20 T h e t a x rate fo r 1895 in clu d e s S tate a u d co u n ty t a x $5-86 aud c ity t a x *14-00. P O P U L A T I O N .—I n 1 89 0 p o p u la tio n w a s 6 0 ,9 5 6 ; In 1880 it w a s 5 6 .7 4 7 ; in 1 870 it was 4 6 ,4 2 1 . A c c o r d in g to lo ca l au th ority the p o p u la tio n in 1 8 9 4 w a s 6 5,0 00 . Pennsylvania.—The following statement of Pennsylvania's State debt, assessed valuation, etc., has been corrected by means of an official report to the Chronicce received Decem ber 18, 1895. INDEX TO STATE Years. Real. -Assessed Valuation.Personal. Total. $3,241,068,024 $ 7 7 0 ,0 4 9 ,8 2 0 1 8 9 5 ........................... $ 2 ,4 7 1 ,0 1 8 ,2 0 4 3,047,573,8536 5 8 ,3 4 1 ,1 0 5 1 8 9 4 .......................... 2 ,3 8 9 ,2 3 2 ,7 4 8 2,958,775,794 6 0 7 ,5 8 5 ,7 5 7 1 8 9 3 .......................... 2 ,3 5 1 ,1 9 0 ,0 3 7 2,899,774,9895 9 1 ,0 0 7 ,5 5 8 1 8 9 2 .......................... 2 ,3 0 8 ,7 6 7 ,4 3 1 1 8 8 9 .......................... 2 ,0 0 2 ,9 4 2 ,1 2 7 ..................... ................... 1 8 8 8 ........................... 1 ,8 4 0 ,4 3 3 ,5 4 0 ..................... ..................... T h e a b o v e d o e s n o t in clu d e v a lu a tio n o f ra ilro a d p ro p e rty . Reading, Mass.—The following has been corrected to date by means of a special report to the Chronicle from Edward. F. Parker, Town Treasurer. This town is in Middlesex County. LOANS— When Due. 4 s, J & D , $ 5 0 ,0 0 0 .J u n e , ’ 16 t o ’ 20’ 45 E l e c t r ic -L ig h t B o n d s — 11A & O , $ 9 ,0 0 0 ........... O ct. 1, 1 89 6 4 s, ($ 1,0 00 d u e y ea rly ) to O ct. 1 ,1 9 0 4 4 s A & O . $ 4 0 ,0 0 0 ........O ct. 1, 1905 ($ 2,0 00 d u e y e a rly ) to O ct. 1 ,1 9 2 4 School B onds— 4 s, A & O , $ 2 2 ,0 0 0 ....... 1 898 to 1908 ($ 2 ,0 0 0 d u e y e a rly .) 4s, A & O , $ 2 1 ,0 0 0 . ... 1909 to 1915 ($ 3 ,0 0 0 d u e y ea rly .) W a t e r B o n d s— 4 s, J& D , $ 1 0 0 ,0 0 0 . J u n e , ’9 6 t o ’ 15 ($ 5,0 00 d u e ye a rly .) ($ 1 0 ,0 0 0 d u e y e a rly .) 4s, J& D , $ 5 0 ,0 0 0 ____ J u n e 1 ,1 8 9 8 ($ 2 ,5 0 0 d u e y ea rly ) t o J u n e 1, 1 9 2 2 In te re s t p a y a b le In B o sto n . T o ta l d e b t J an . 1, 1 8 9 0 . $ 2 9 9 ,0 0 0 T a x v a lu a tio n , r e a l........ 3 ,2 6 4 ,5 2 8 T a x v a lu a tio n , p e rs o n a l 4 2 6 ,9 7 9 T o ta l v a lu a tio n 1 8 9 5 ... 3 ,6 9 1 ,5 0 7 A ss e ss m e n t a b o u t a ctu a l va lu e. T o ta l v a lu a tio n 1 8 9 4 ... 3 ,4 4 8 ,1 9 8 T o ta l t a x (p er $ 1,0 0 0 ) ’ 9 5 . ..$ 1 5 -5 0 P o p u la tio n in 1 8 9 0 w a s ......... 4 ,0 8 8 P o p u la tio n ill 1 8 8 0 w a s ......... 3 ,1 8 1 P o p u la tio n in 1 8 9 4 (est’ d ) . . . 4 ,7 0 0 D eb t C h a n ges c o n tin u e d o n CITY page 203. B E fW T N T E N T . In the fo llo w in g in d e x referen ces are g iv en b y volu m e (v.) an d p a g e (p.) t o e v e r y item re g a rd in g S tate, city , t o w n o r c o u n ty fin a n ces w hickas been published in th e C h r o n ic l e sin ce the issu a n ce o f the la st St a t e a n d C i t y S u p p l e m e n t , A p r i l 1 3 ,1 8 9 5 Item s In th e cu rren t n u m b er a re n o t n oted in the index. F u ll-fa ce ty p es refer to la test rep orts o f tota l debt, assossed v a lu a tio n &o. T his In d ex w ill b e p u b lish ed in tb e St a t e a n d C it y D e p a r t m e n t o f th e C h r o n ic l e o n th e la st S a tu rd a y o f e a ch m o n th . dams Co., W w b .........V. 01, p. 4 4 1 A drtan. Mich— V. 60. p. 7*2, 700: V. 01, p. 1120,1103 Altken, Minn.............. V. 00, p. U7U, 1114 Altkeu Co., Minn.. V. 60, p. 894, 1114; V. 01, p. 338 Akrop, N. Y.........................V. 01, p. H03 Akron, O....................... V. 01, p. 331), 483 Albany, Ga................. V. 01, p. 840,070 Albany, N. V... V. mi. n. 8 4 8 . » » 0 5 V. Oi. p. 7tW ; V. o2, d. 4 9 . 147 Albany Co., N. Y ............... V. 01, p. 1163 Alexander Co.. Lll., V. 0o. i*. 8 0 9 ; V. 01. p. 103 Alfalfa Irr. Dlat., Neb ...V . 01, p. 1074: V. t*2, p. 40 Allegan. M ich..................... V. 01, p. 211 Allegheny. P a ..V . 60. p. 700,84b, UiO, 1024, &114; V. 01, p. 37, *08, 570, 072, 803, H86 Allegheny Co.. Po... V. 01, p. J031, .0 7 1 Allunee, o ................. V. 6 1 , p. 211, 483 Alpena t o ., Mich........ V. 00, p. 722, ho? Alpine. Cal........................... V.0«». p. 7«-2 Alton, III............................. V. 01, p. 292 Altoona, Pa.................. V. 0J, p. 438* 183 A 1th, O. T ............................V.01, p. 627 Ambler. Pn.......................... Y. 01, p. *85 Amb-jr. Ill.........................V. 60, p. 8 0 9 Amboy, Minn., V. 00. p. 070. 1 1 5 9 ; V. 01, p. SO Anaconda. Mont................. V. 01, p. 124 Andrew Co., Mo...... V. 61, p. <0311,1120 Ann ArtM»r, Mich................V . 6 1 , p. 103 Anniston. Ala.................... V. 01, p. 1074 Ansonia. Conn., V. 60. p. 1114; V. 01, p. 87 Antwerp. N. Y.V.OO, p. 807; V. 01. p. 38 1 . Antwerp Co. N. Y.............. V. 00, p. 722 Apache Co., Art*......... . V. 62, p. 1 4 9 Appanoose Co.. la............... V. o f, p. 072 Appleton, Minn................. Y. 60, p. 807 Appleton. Wis.................. V. 61. p. 4 8 5 Argentine. Kan............... V. 61, p. 7 0 8 Arizona. V.60, p. 7 6 2 ; V.01, p. 124,483 A rkansas............................. y . 61, p. 5 7 0 A rlington, M ass .........V. », p. 941,1103 Arom a. Ill............................y . 00, p. 8 0 9 A roostook Co.. Me., V. , p. 807, 1114 ; V. , p. 81, 103 A s bury Park, N. J . . .. V. , p. 8 , t03 Anbury Park . D.. N. J . . V. , p. ] Ash ami Ky . . . . V . 01. p. S 3 , tfeo, >85 Ashland Co., W is ................. V. , p. 81 Ashtabula, O. .V . 60, p. 722, 971); V . , 0 00 0101 7 1 8 01 4 4 61 61 A so tin Co., W a sh ............. V. 61, p .*441 Assum ption, 111........... V. 61. p. 672, 840 A storia, ill............................v . 0! p.iu 74 A storia, O re.........................v . m , p. 1031 Athens, G a.......... V. 61, p. 124, ',c2, 803 A thens Co., O......................... V . 60, p. 722 Atlanta. G a .......... V. . . 722, 760,1024; V. 01. p. 970; V . 02, p. 147 A tlantic City. N. J ...V . W , p. 976,1024, 10'*0.1111;. v . f l , p.fc03 A tlantic Highlands* N. J., V V. 60. p. 700. t*94,940 A ttleborou gh , M ass.V. , p. 1031, 1163 A uburn, M e ............V. , p. U 5P; V. 00 p 01 00 01 A uburn. N Y ..............y . fl0, n. 894,1024 Augusta, K an........................V. j, p. 292 Aurora, 111. V. 00, p. 1114; V.01, p. 37,81 A u ro ra , In d ......................... V . d f ,p A urora 8. i»., No. 4, 111— y . c i, p. * 1 4 Au stin, T e x ..V . , p. 979. , „ 1070, 1159; V. 61, p. 37, 108 A von. N. Y ...................V. L, p. 438. 483 A v on dale, O ............... V. 61, p. 941, 976 0 .&40 00 6 8 allard . D.. No.50, W ash., ^ 6 1 , p. 2 4 9 , 4 8 8 , 7 1 8 , 1126 UHltmiore, Md., V. 60, p. 700, 894 ; V. 61, p. 124. 211,885 Hannock Co., Id a ................. V .0 1 p Barnstable, Mass.................. V. p. 078 Burro, y t ................................ vr. (52. p. 147 Battle Creek, M ich.. V. . p. 1024,111*1; T . 01, p. 8 1 , 2 9 2 , 8 0 6 B eo, 941 00 Bay City, M ic h . Y. 60, p. 700. 9 8 2 .1 1 1 4 ; B on d H ill, O ..................... Y . 61, p. 81, 438 V. 61, p. 438. 484, 840 B oon e, l a ............................... V . 60. p. 1114 Bay County, M ich — Y .6 1 , p. 1031,1074 B oon e Co., W . V a ................. Y . 61, p. 81 , p. 250 Bayfield, W is ........................ V. B oon e Sch. D ist.. l a ... Y. 60. p. 1070; V. Bayfield Co., W is.. V. 61, p. 260, 438, 7 j 8 61. p. 11^9 Bayonne, N. J.V . , p 1114; V . ,p . 124 B oon ville, I n d .V . 61, p. 1126; V.62, p. 49 Beardstow u. Ill...................V. GO. p 8 0 9 B oston, M a s s . . . . V. , p. 1114,1159; V . B eatrice, N e b ............V. 61, p. 1074, H 03 61, P. 8 3 8 , 339, 527; 579, 072. 1120, B ed ford, l a ........................... V. (', p. io70 1163; v * , p. J Bedford, P a ..........................Y . 60. p. 1070 Boulder. C o l.......................... V .6 0 , p. 807 B elfust, M e. . V. 01, p. 672, 7t)2, 803 B ow ie. T e x .............................V . 61, p. 438 B elleville, 111........................Y . 60. p. 8 1 O B oy d Co., K y ..........................V . 61, p. S 3 B elleville. N. J ...V . 00, p. 894, 940, 979, Boyd Co., N e b ..................... V . 01. p. ^ 1 4 1155; V. 61. p. 103f Bruddock. P a .......................V. 60, p 1114 B ellevu e, P a .................. V. 61, p. 672, 7r2 B radford, M ass....... Y . 61, p. 81, .92, 941 Bellows Falls, V t .........V. 01, p. 124, 163 B rad ford, Pa. . .V . 61, p , 1074, 1 0 7 5 B elin on d, l a ........................... V. 61, p. 579 B rainerdS ch .D is., M in n .Y . , p. 0 7 3 Belm ont, M ass...................... V . 61, p. 292 B rattleboro, V t ..............V. 61, p. 81, 163 Belm ont, W is. V . 61, p. 3 7 ,124,29V, 339. Brazil, in d ...............................V. 61, p. 976 626 B ridgeport, C on n ................V . , p. 9 8 0 Beltr.hoover, P a ................. Y . CO, p. 1070 Bridgeport, P a ................ V. 60, p. 722 Beinent. I ll ........................ V. 60. p. 8 1 0 Brim tield. I ll........................V . 60, p. 8 0 9 B en ton Co.. l a ........................ V. 61, p. 885 Bristol, Conn., B erkeley, C a l........................ V. 61, p. 803 „ . . . V .6 0 ,p . 940; Y . 61, p. 124, 211 B erk eley Co., W . V a ..........V . 61, p. 1126 g r is t o . T e n n ..............Y. 61, p. 384. 4 8 5 Berks Co., P a ...................... V. 61, p. 5 HO B ristol Co., M ass.......... Y . 61, p. 384; 438 B e th e l.C o n n ............... V .0 1 , p. 8 8 5 . 941 B rockton, M a ss.. V. 60, p. 722, 940, 979 ; B exar Co., T e x a s — V. 61, p. 976, 1074. u , „ , , v . 61, p. 579, 626, 672,1031 1 1 0 3 B rookfield, M o ...................... V. 60, p. 894 Billings. M o n t..........................V. 62, p. 49 B rookline, M ass.. .V . , p. 722, ; V B ingham ton, N. Y ..V . 60, p. 894, 1070; 61. P* 941 V. 01. p. 163. 250, 976; V . 02, p. 147 B rooklyn , 111..........................V. 61, p. 941 B irm ingham . Ala., B rooklyn, N. Y . V . 00, p. 940,1024,1070, V . 00, p. 807, 1114, 1159; V . 61, p. 338 1114 ; V . 61, p. 81. 211, 292, 579, 672. B loom field, N. J ...................V. 01, p 1126 718, 803, 885, 941, 1031', 1074, 1163; V. B loom ington S. D., I ll ___V . 01, p. 3 6 4 BiOomington, W is ..............V . 61, p. 1120 B room e Co., N. Y ................Y . 61?p. dloom sburg, Pa., Brow n Co., S. D .....................V. 61, p. 885 V . 60. p. 1070, 1114 ; V. 61, p. 163 B row nsville. T e x ....... V . 00, p, 722,1024 Blue Earth City, M in n .V .61, p. 627, 718 B row ntow n , M inn., B lue Island, III.......................V. Cl, p. S 3 V. 01, p. 250, 339, 527 Bluflton, O .....................V . 61, p. 579. 762 Brunswick, M e .....................V . 00, p. 1024 Blunt, S. U ...............V . 01, D. 941, 1 0 3 1 Brunsw ick, M d ................... V . 00, p. 1169 B oise City Id a ............ V . 61. p. 702, 941 Buchanan, M ic h .......... V , 02. p. . 147 B olivar, M o............ V . 61, p. 81 Buda, ......................... ..........T . 60, p .7 2 3 00 01 01 00 6 62 0 00 1 00 00 700 1163 111 101 THE CHRONICLE. Jjunxasv 25, 1S96.J IN DEX TO STATE AND C IT Y 19a DEPARTM ENT-CONTINUED. Frederlcksbnrg, Ya..........V. 60, p. 1115 Fredonia, Hi xY.................. p.*722 — ......- *V ... . . . . . . . ---- *.Y. » '-Qv, ,* f Fremont, Neb................. . Y. 00, p. 760 Fremont Co , Vfyo----- Y. 60, p. 722, 8ftj Fresno, Cal . . . . . Y. 60, p. 8H. 97ft, 1161 Fulda. Mine.......... ,..Y . 01, p. 25o Fulton. Mo— . .V. 60. p. 807,979.1115 T ackson, Mieh.V. 61, p. 37, 81, 212,330 Bwfflrio. N. Y.-.V .0G p -1 0 7 0 . 1 1 1 4 . : Cromwell, Cotm..................Y. 61* J*. 885 i *f ackson., Tenn.Y. 60, p. 7*45, »»•, 010, iwr i06l / ucmuu xouu. 1.wi, V. oi. p. *250.282, 073,718, ; V. Cro»*l3ton. Minn............... V. 60, p. 722 Jacksonville. F la....... Y. 61, p. 161. 580 "2. p 10 Cuba, II!.................... .Y. 01, p. 211 , Culpepper, Ya ..Y. 01. p. 211 ; V. ^ Jamaica, X. Y 3*. 60,jp. 760; V. 01, p. Burl hurt on, v t.................V . 6o. p. 11M* . _ j 8» ; Y. 62, p. 102 BiurUagiofi, W is..........-V- 88*P -10* Cuater Co« M ont.....Y. 60. p. 8*>7. H>2l Jamaica Un Free S. l>. So, 2. N. Y.,Y. ____ ________ Gl, o* 7 6 3 ” 1 ^Co.. O .. ”V. &), p y-y “ ; -Y. 01, ' T. m, p. 1159 Cuyahoga fSAheU Cm W. Ya.. p. t m . V. 0S. p.4$ . - . Y. 60, 60, p. 1071; Y. 61. p. Calliorma ......... ..V. 6C p. 163.210, it jQ alias. T ex— V. Calmar. la ..... .... V. 01, j>. S85, l«3i 211,*30,292, 481.1031 j Cambridge, 111... . . . . . . . . . . . . . V. 61, ©. Si :>ailas City, Ore.*.... — ,V. 6i~ p. 7 6 4 «i. p. USB Cambridge, InC..... — .. Y. 60, p. 8 9 7 Dallas Co., Tex, Cambridge. Mas,-*.. Y. 60, p. 7<&k905 * V. Danbury, Conn..,....... . Y, 61, p. soa 61, p. 484,885, PCI, 976, 1*?73,1It4 Danvers, Mass........ Y. 60. p. 07ft, 1115 Gardner, Mass *' rP' *9!? Jefferson Co*.*, Wash . . . . . . Y. 61, p. 4 8 5 Camferwge, 0„ __ V. 60. p. S*8,1070 OanMlie, III. ..... .. . . . . . . . Y .60, p. 8* 1 Garfield Co.. Wash *if *r.‘ 6l»P: J ersey City,N.J.......... Y. 61, p. 726, 763 Caniftiidee. WJs......... . .. Y. 6t„ p. 107-4 Darlington. Wis — ..... — Y. 61, p. 579 ■Garrett, Ind— ... . 81 p 2i1,3gi Johnson, Vt Yt . .....................v. .0 ], p .: 61* Davidson Co., T e o n ...Y .60, p.67ft. M8 : Genera, O ..... Camden, X . I ............. .V .61, p. 71S ----..V. 62, p. 102 Johnson ~' Co.. Me . Y. dl( p.SS6 Camden, F a,,..................... Y.01. p. 9^5 0:4wy*;»tA Ga ....... V. 61, p. 103i Geneva S. D„ N. Y ...V . 61. p. 163, . ___ 25'• Johnson Co.. M o...... V, 81. p. 1074 CampbelI Co. S- JD.. ...... Y. 60, p. 1115 0«w«;tB Co., Mont.*...........V. 61, p. 762 Georgia. . . . . V. 60, p ,848; IS; V. 6 ' 81,p. 112* GaL...................v. x p. Y.o01. p.ora 073 CanaadaMraa. S. Y. Y. p* kM. 1113 Dayton, K r.......... V. 61, p. 627. 71ft, :62 . Gibbon, Minn................... Y. 61, p. 339 Julesburg. Juneau. \Yis............V. 60 p, SlS. 9 4 0 Canby. Minn ..... ...... ....Y. «0. p. 8*« Dayton, 0 . . . . . . . . . . . . . . . . . . . . V. 60. p. 807 : Gibson City, III....... — ...Y .'lt p. S I Juniata. P a.......... .......V. 61, p. 5S0, 88*5 •'smfi&ht. Cl____ . V. 0 *, p. JMO: Doarborn Co... Ind.. . . . . . . . . Y. 61, p. 48% Gila Co.. Arts..... V. 61, p. >-7, $64.1031 ..............., . . V. So. p. l»I5 Decatar, ffl..Y.60, p. a l l , C-mton, I I V .81, : GUbCNft. S .Y .. ................. Y. SI, p. 1074 Canton, Miss................ ... v . 01, p. ^0 ft. 1074. itss i K alamazoo, Ylieln, V. 81. p. 888. 978,1127 ,Y. 62, p. 102 Girardville. Pa......V. 01, p. S I l; V.p.02. ■■Canton. O___ __ Y. 00, p. 7*24. 5»JfUs Y. Deekertown, S. J ,. .......V. «!, p. 1t>;j Glad win Co., Mich ......... Y, 01, n. 50 Kane Co. School Dist., III.. V. 80. p. 940 03. p. 1*24, 211, $3V, 762, 0 7 6 . 1.126; Deerdeld, Y. p. 101 Deenleld, WIs....... ............ Y. 61, p, 37 Glastonbury, Conn— . V. 81. p 719, KG Kane, P a.. . . . . . . . . . . . ____ V. 01, p. 1074 v . 01. p. *295 Canton l*n. 8. D., Ill,......V. 61. p. a 14 DeSanee, O . . . .. ___ ........V. 01, n. 1120 Glen Cove. N. Y .... .. V. &), p. 1071 Kansas.............. . ______ Y. 60. p. 804 : .4 Gieu Co*.cal ................ ..Y..60. 0. 7 0 3 Kansas City. Mo— Canyon C»- Idaho. Y “ I p 338,&87 Delawar« . ,..., . Y. 60, j> im\ P1.2 V. 81. p. 80,2 HI. 884, 0 7 3 Cane Stay, H. J ... V, 00. p. 722 9-C, M o; Delaware Co.» C l... .........V. 60, p. 1024 Glen Fall*, N. Y....... ..... Y, to, p. 50' Kansas City S. D. Kan.. . \\ 81, p. $ V. 61, p. 883,1031,1071. I 07 0 ; V. *2, Delaware Co., Fa.., — Y. 61. t*. 1 0 3 3 GlenvtUe, o ....... Y. 61, p. 80L tm, 1127 Kasscrn. Minn., ft, 10 f Ehidptoos, O....... ....___v. 01, ft. 679 Co., N. J ........ V. 61* p* 579 V. 80, p. n 15; v.81, n. 37, 10#, ig# Cape Yieoent, S . Y..... -....Y . 6*\ p.f-Oi Denton Co., T ex... ........ Y. 61, p„ &7$ Gloucester lOtlienhurg. Net>............. V. 61, p. 804 Kaufman Co,, Tex.........,Y. 80, p. 7*2.3 Carbon Co., St-mt...... Y, 61, & &M, 90* Dearer, C^jC __ _ Y. 61, p. 438. goy. 1011 * Grand Junetiof}. Col........V. 01* t*. 1031 Kendrick, I d a ....... ...........V. 01, p. 07s Co., F a.............. . V. 61, p. 5*47 De Esyier, W. Y. . ... ...... V, 01, p. 1126 Grand liapids, M ich ....... V. 8 *, jx 807, Kent land, Ind. ... ..............Y. 01, p 527 Carbon Co. Beb. Dial*-No. 3 De* Moines, la., I 10 I V.81, p SI: V.02, 1*1*4, *47 Kenton, 0.... ............Y .80, p. 1871 Wvo ....... Y, 00, p. 7*44S Y. 01, Ml Y, t», p. W 0 ,9 f ; Y. 61, p. 124 Grant City, Mo. .¥. 81. p 438. 3*27. 579 Kern Co./'Ga| ................v . t:o, p. 7 6 3 Detroti, Mieh., •Oufftllae Co,. Met. . Y. 60 p, tiy>} Koy West, Fla...... .... Y. 00. p, 780, 818 Grant C*x. Ind V. m. ft. 079. 1071; Y. 61, ©. 7U. 2'0 :. 6 tso* p,wr. V. *2ft, 607; Y. 61, ft. 3 1 0 . 1126 Grant C o. S. Dak .. Y.*i\ p- 762, 7 « S Kimar Co., W ash,.... ..... Y. 81. p. 4M3 Carrolton, Q a ........ V. 61, ft. 085,1126 D# W*tt ( X , Tex. V' 62. p. U7 timm Yalley.Cftl .. ....... Y. 0 , p. 782 Klim Co.. X. Y , V. 00. p. 723. *Y8, 940, Carrollton. O.. TM-ckeag Ott. Tex. „ . ......... V. 61, p, 57V Gmvmmmi. N. V. .., ___ V. 01, ft. 1031 9'9. 1* 25. 1115; V. 01, p. Si, 164, 439, Y. ®6 Lp, 90? 5V. ft , p.. "03, 3 ■ft DIBidmrgb, Fa........ Y ,01, p. §85 GrayvSiie, III. .........V. rt>. p. 706 9 *2,978, 1127,1164 ; V. 02, p, 50 Carthage, 0»Y . ft- 878; Y. €L p, #30, District of Colttmhta .T* fli, p, -484, 527- Green Bay,. Wi*....... .Y. 81, p. MS Kingston, N. C . „ , f , 00, p. 728. 760 ' "i IH0WM<, SSiH. 1403 Gree.ntt*«J‘t, in d .. . . . . Y. mx ft. Cascade la........... . ... Y, 6t», ft. gig Boon, la . Y . ^ j O l . if* Green IsJaud, N. Y .. ...... v. 60.p. 1101 Km^stou, N. Y„ V. 60, p. 780; V.81, p. 107* ...... Y. 61, ft, Casper, Wyo*__ .... C* Mo ....... Y. 61. p.803 Green port, H Y....... ......... V. 80, p. T22 tctagtxae*, Fla....................... Y. 81, p. 87 Casa Co.. la ,... __ _ ......V. 62, n. i47 Diiugia# ^0 . Wash.. .Y.in»p* 4 8 3 i*rmm!emi%* Kan.... ........V, 81* p. 293 Kitsap Co., Wash. .. Y, 01, p, G73 ...... r . 81, p, 7m Dublin, G# Cam C*y. S D -V. <51, p. 627, v. Greensburg., |*a,..... ..., Y. «2, $0 Cass Win. ___ ----- V. 61. ft. 221 62. p...5o itramdllft Mia . .. . ......V. CO, p* 9-43 EttUI-wi Co . W ash...V, 81, n # 4 1, 720 CaatlePm. S. T— ... .V.iftX p. 1115 £NiBut#,, Fa.*.*.,.,--**,- ■,, ,.Y ,S f,p . U? GraauvtD* -Oo» S. C> _____Y, 00, p. i.o2| Knox Co., ted... V. 80, p. 723; V, 81. p. „ 330 Y, 01. p. I 07D DaltMfU la ..., ■CmmmmKfm.. Pa........ ,,Y. 60. p .979.1071 ' D . .... .. Y .m p . im -ka «t Co., Term,. Y. 66, p. S|g; y, 02 n. C ib tv iw , Pa ......Y. 61. p. P*3 Dolatfe, Minn... Y ,<50. o- 1 0 7 3 : Y. 01, Greenwich, G.rove City, Minn. .... ■....... Y. 81,0,870 147 Cteyos* co,. n. y ... -V, 01, p. M, l»:i< ft. *:>, 627, 7 19, 1 0 3 0 . 1120; Y Td.. Guthrie, D. T ........ .. V’ . <fc>, p. 722, S4S KiioxvIH©. Item . ............V. 01, n. S I Cedar llapMs,. la ,.. ,..,., V. SO p. 97ft Krel^herrllie. H. Y ........ V* 01.. p. #42 €©&»*«>.... . ........ . . V. 61. ft.. *23 *4 Dundee, i l l ... . •V. SO* p M*1 I T air* Co.., Ala .... v . an, p. $ n Caster* die, la ....... ...,,Y„#W, p, 722 Dunkirk. I n d ....... ...... Y. 64, ft. S 4 3 I Yam burs, la,. V. 61, ft. S i aekawanna Co. Pa. ..V.81, p. 1 0 3 4 ................ Central City. W. V* . .... Y. &,Kft. Wi D«Uo«ine, Fa Y. 61*. p, 37, $2® I HmnUfoxt. *.»... out*. N. H . V. 6<>, ft, M |tl Cham paijfn. 111...,. Y m, p, 979; Y. Si. p.ii,fiV 25*» Urnmilmp Cm, Kao. . Y. 80. p. 1 0 7 4 , 1 1 1 5 .1 1 6 1 Y .^ ‘. ft. 7*25 C3)tm«#. Kan...... . Y. t9>. p. 801, MO Dar»»d, Mieb. Y’. «i, p w ■, fltpa ew. p ©79; Y, 81 l*i Cmme. WI*.... V. 86. p. 723, .-IS, 1071 Chart ton T t».. Mo. ....... , V. tO. p. 0.H Hamilton 0oL$O .. V, ......Y, m, p. 1*7 : Du?hem. M«.. P. 250. 67-^ 7r3. Ml 14i Grande S. 0. No. 1, Or© . V. 81. p. 873 Cfearfe* Mil., V. $lt ft, 2% , 4'*'4 Durham Co-. If* G. ....... ... . V. «M, ft 7-21 llaEslltoa w>. Teau...___ 1083 Da.Grmo«e, In d ....... — V. 60. p. 7*26 * w&, 464. OSS Otm l Oft.Fla. ......Y.m. pli n s Ilammondsport, N. Y. vv,. di, m. p. 9 1 1 Lake Aun, Mich . . . . . . . . . Y. wf. p.St-S Charleston,. W, Y*.V. n t ig . « 2 « . V, 60, ft, .1U72 Lake City, Fla... Y, 61. p. 947, 1127,1H>A Y, 61* p. 37' HwBjdwi Co„ Mas*.. Gbaark&tm. Mich..,,... , ..... \ , 01. p, imi OaM flM fw F*. Hannibal, Mo............ V. 81,. ft. I M Lake City. .Minn . . . . ____ V, 60, p. $9* S. . . . Y.m. ». h *»« Eia^EhamHoe* ifa»# ....... Y. »ji, p. sip Iltoagt V. 61. p, 37 - -€*m a 0 .. -- Y p, 7*2 1 Lake Co. S, D .. Y.flO, Charlotte,. -V. c ___ Y, p, tor* ; K««i UYfsnool* 0 ..........., Y. 61, p, 781 iia ........ .1 , di. p. 57© U*ke Forest. Dl.......... .......Y. «i, p. 2if, Chark.4te»?slb*.. v * .Y. 61, p. .#*5, |1«3; Kftkl MmQch Chunk,. 1%...... Y, «1. p. 941 i Harmony Grove Fa.Y.01, p. 1 1 1,l'Ci2, 3137 iantswter, Pa . . . . . v . 81, n. 293, 3 S 0 . V, «... p, 161 Ka#tftn, F a .......... , ..... V. 61, »-113$ Hand* C*.. T«x,..... .... V. 81, p, flf7, 6 7 3 , t*0, 783. ttti Ch&? field, Mitiii., ,Y «»v», 10?| 1Emt #i. (gr#S« III..... .. Y. 61, p,81,9-4 ; f^tr*carter, WI*.-.. Y, 6 , ft. 164, 678, S03 EasWto, M idi.., Y. 64, p, f IB 436 ; ■Cbatlutitj, Jf.j. .. . . . . . . . . V SO, p 907 W. Ya .. . . ,,Y. 01, p. 103S Lancaster €<»., Neb. , . f . no, p, 7*26. 780 Chatham &:».» €ht V. #>, p, g48t V, SC Kdlobctrah, iwS.. ........ V, *H p. 7*34 liaxrtvYUle, - V. »v*. p 7*21. 711*4 lefc»e»*t«r C*>„ 8. C ....... V, 00, p. 1074 p. t W IWissnnOk C«j». 8, Dak.. ....... V, fll, p. 527 Hartfom, cnon Its I :■ V. 01. p. 107 C 11*3 i,!ins<lowne. Pa,.,. ....... V, rtf. p. 147 . CSEitsiao^es. Tf®n. y . 0»i, p pm. tmt ■ SI OofftOo, Y, 61, a. r02 ! Hartford I ToiimhCoan__ V, 81, p. 942 €pgg«U>ir«<r»> Union F m A Hartford Co., <Ymn .V. 81,a. 1074. i 128 Lanuaie. Wyo. ..................v.61. p. 124 D No, t . «„ y . . . . r f& ft. 0 1 2 MllrabetJitowi:*, Ky.........,,... Y , 61* p. :r; . Iiarrard, Web....... ........... Y, 01.. p sw-1 Laur.-I, Md. ... V. 60, p, 4 1 6 1 ; Y. 01. o. CbsH'tmbma T&., M*mt~ eb... 293. mi foo»*rr O t. P*.. f. 0Ol p, 079, y®3 Wkbart. fad,... . . ___ _ , , Y*<ELa, 762 ; Ilaatiags*, WY. 81. ft. 703, sit. 943, 1 1 f f i I-aurens, N*. Y ...... .. V. 60, p. 1071.1115 vH trofcci , Kan..,. Y . 60, p.hTKtKtG: T! V. Elkhom, Wti,. .... y . 89, p. mi Y, fO* a MO, 1071 i Y». 01, p. 81 Hatfleld, Maa* .. .V, 61, p. 57ft, 942.1074 launreaee. Mm*. ,0. rti, p. lot-: H*r8fi#fil|ft Kan..____v. « ij, p. 722, 007 Ijtwrencebate, Ind ....... V. 81, ft. S 0 6 Gkm&km Gx. Ala tt, ?S0 : S l i p . W Y*.......... .,Y .61, p .M l ■ LewpwBe© Co., 111. . . .......... V. 81, p. S t d « 8 ir ; i v. 40, p t « 4 « k o » n Md ......................... V Sf. p. H7 Haverhill, Ma*a. .V, 81, p, SSo, th-C 720. 7153 Ienrrenee C o . Ind. ..... Y. til, p. 43© Chester Co,., |*a.... v. 01, 0. 10 7 0 K1i#*i«bnmh, X, ¥»-........,Y, 61, a 1051 , HawktfjsvilJe, Ga __ _ ... ,.Y. ©t, p .m < L*wre.nee Co., O..«. .. . V, 81, p. 1034 Kmtm, Jf. f . . sts.j V. W. i> . CkmtrnrCo ' ~ v, 61., p. 10 33 latwreneeviiie,111,, ..........Y. 01, p. 43# 438, 4M i Hay* Go.. 'Fax..... 8i 7 V. ©o. r=. Mich....... ....... .. V. 82. p. 147 HI, p .885,976. iia^Sot-.o. Pa.. V.80, p, h.|h. y.dft I lf 4 Lawton. lOTt, IU 0S T-®f, p. tao, 3&E, S3®. &«H.- IDmwooO FJaoe, Hector, Mian..., .,..... . , v . 01. p. s$6 Lebanon, G •. ........., ...Y .01, p. 2§o, 3H4 11*53 i Helena, oar*. mo. i» , ’ i# # Mottt.-.Y, 81, p, Sil. ©*3 ,10 7 4 * . Mm Co,.. Ill, -Y.61, p, 11.27 El Fww*, T#X................. Y, SO . ft YIP : B*mHmrr tmt., lit, V, Si, p.io ?4 V. 62. p. 102 Lenox. ‘ Mich..Y.ttO,p. 72,3; V.8L p.33@ 8* CL O, T ....... V. SI, p. M3 HellertOWB, Pa ...... . <gWC6p»», SI.*#*. V. 00p, |f |it. i »>)•*, xm\ m E ,V.«I,n . SI I.eonjtelter, Mass...... Y. 81 p, 02/, 873 Cblppew* Co. Mich.......... V. A), p. m s StrrO, O, - -. *Y-aSO* 9* S7F, Y. SI. ft * It, EMC 885 j I.I«0Q|*lt4MMa. jf. T ..... V, <&Xft- 102* ; V. .l,esterihlr*>, N. Y ............ Y. »H. p, 72*> oni!ip«wa. Co,, vrs»..... ,..... v. m . ». iis© 61. p- id 4, 527/568 Le Sueur* Mian.. ,V, 81, p. $6i, 720, SB8 Cfcte$wa*f* Falla. Wia .... ., V. ©I,, n. H 7 8»jWw D l| # '0 »............... Y. SA P-722 I Hennepin. Ill.................. V. di, p. 3:i9 La Sueur Co.,Minn. Y .flip . 580, 873, Choteau Co.. V r%.> p, Ofp j *jy | Btepurt* CMf, Kan__ __ Y. SO, ?*, 07 4 Hennepinth>„ Minn.... ....„v, 0, p. **m Wt, 84*; V. 02. p, 147 0S®«rro, III.. ...V, #1, p,, 084, §70( egfj7, 7m ; BnseldL Conn , ... . , , Y» 01, $*. mm, m 1 ■ Henntker. S O .........V. t l p 8 722. w-*w L©.wl% la ....... ___ ..... .. V. 81, p. St Kanl*. Tex. ,. Y, ®f, p. At 1 ,'ms, t# * 1 _ . VI ST k 147 Henry CO.. 51 ..... . V, 01, ft. 250 Lewis Co., Wash. . ... ..... V. 81. p. 4M$ OaflBMii, o.. mptumtmh, S. Y .________ Y. fo, ». 4115 i Herkimer, X. Y........ ■Y. 61, n. |0 3 3 Lewiston, Mleb., _ .v m p. s o n * n i4 i «w.t«, Hi, #3&1KC# C* . N. Y..V.S1, p. 4Ml. 7 « 4 . *»•*. Hibhin©. Mlntt... . V. 00, p. ms* V. 0L P. 121 ... .V. Cfl. ft. 10M Clallam Cdv* Wash~ s^£ p. H I4 WI Hiilhlmnd .Park, M!eh y* ......V, « l, p. 720 L ewiston 8. D. No. 1. Mont. V. 01, p. 484 Clarke Col r * .. . 1.42. ft. HI I Erie < O ....... ........ ? . SI, 0. 103:1 Htiiblaodft, Col...... V 80, p 7 25, ■*.** l*ewl# & Clark Co., Mont. Clark# CO-, Wmh... V, iSo, p„ «SIfl K*K9WBbi*Cftw FI*......... ,.*Y. flft ft 8o7 : Y. m. p. 102f». 1671 61. ft. 1682 Clay C\o, InC ........ V. SO. P. *s«7 E*uajtu»h», MiSti......, Y. SI p. 4 11, $84 1l f tstht»to*m, S. J ... ..,.V . 6V. 4*. ft. S©f. WO {©XtoftOD, Mast. .V. 81, p. 839, HOI, 841 SSMNMt CO., w, J ,.... Y. m, p. g>, f fl, 29 1 O efrarn#. T ex ................ V, v , ihu «C n, '■ ' m ow , Mo. ...................V. 0L. o. 5G8 l.exinxton, Mo,. . . . . . . . . . __ Y. 81. n. 87 lierfilMid. O. Y. 01. p, HJ, 1 4 mi Kklw*aShft OM............. ..... Y.. 61* ft. 81 Ilu *3K, mitahoro, s. D . o . V, *51 p. 978, iP3 Liberty. N. Y .. - .. — Y. 81, p. 484,012 « _ 0 * 4 ; V. «2,V 50, j|f fSr*Bsion,» ....... Y* f l l p*37, 579,87S,hOt, 8kS, j074 v 02, p I*rl HUGhoft), Tex. .............V 81. 0. 7114 Liu fan irr. District o f Cut Q m m . O ..........................V . « ter f ■€*,,.N©b.... .. V. 61, p. 212, S56, 077 Y. m. p. $m H.i.tGt«>roaFh* N. If .... Q M fe«.0 .................... V rtl p ,U) SvWiME', MS**.. .... Y» SI. ft- 527, S79, 74b H V. 82. p. 50 ajn!..n. III.................. V. (U, p. « { ,. xn Krejetl, W m k €1, p. 37, jS3,719 1 sIIshom'BYh Co, , W.H.V. 81, p. If i, 250 Lincoln. Cat................ lllftsflilc, S, H .. Y. 80, ft. 979 1jne>>lti. Neb — V, 81, p. 804.012,1032 ............. .v.«.p. hjs? Rnrter. .V. II............... V. «i, r> CowarvUm, K »:. V. fin. i, «•, [ J?»lrfax, Minn....Y.SI, a. SSO, 67$; Y. JIofsnsvfilc, Ga, .......... Y ,61. p. Kllf tdnocfin Co., Wash.__ ...V . 81, n. 4 8 5 Hfflpah o . . __ _ .......... y . 6i, 1 * . mi fdaooln Co., W. Ya*...... .... si, p. Si V V. O’, p_ 111b: V.Hi, p. 3.,i r rtf. p. 102 Holland. Mich... ....... V. 6*-, p, rn.m.980 Llnneu*. Mo............ ......... Y.V.04. p. 708 4^4 Fairfield, Me*.. SO, p. 1071- V. S t,)ft Hollis, M e.... .. . . . . . . . . . . . .Y, 6o, p,8|8 Llste/ri, N. Dak., St* Oow Siwrta^ N. Y«,. T . 00, p, Pio; v . ©j 37 A.l Hofyoke. Mass... 80, p. m i V. OL p. 873, 504,888,1127 M p. 7m ml Fafrbaven. Waah .V. Si. p. 327 Homer. 5Heh ... ...........Y. ............ Y, 81. ft. J§4 Little Yalley, N. Y— . . . . .. Y. 81, p. sgtj Cp Io 0 o^ Mo.. . . . . . . fltt. p. 0ti, j07i Fatnrlsw* S. D ______ .. . . v. Si, p, S8© Pa., Loekland, O ........V. Si. p .811,077 College rllil. O. ... V. rtl, p. ••A|, 70S. HI Fall Hirer. IS-tw.. f.flft p,76**, Nil, lOf4; Homestead. Y. 00, p. m s ; V. 61, p. 1*6 N. Y .............. ...... Y. 80. p, &&& w B « « f Polai, If. T~,»V. @*»t », #g»|. 3071 j V. SI, p, ^ ‘2 .9 7 0 , 1031 ; V. ft. Hornellirvijl©, s. r ..v . 60t p. 9*0, 441% Loekport, O.Y.so, & 808, Mm Y. 61, ;>, *21 5 fk l i . s i i . m i 5*1,102 Y. 61, p 37, Bgfi, 9*0 Lo«nn Co., W. Ya........ .Y.61, p. 81, 124 Co0>ra4o.. v . oo. p. n m ; v. 01, p. * 14 Falmoath, Ky____ V. S1 p, 719 • V, r-f, Houston, Tex. ....Y. 6i. p. 124. 250,3x4 le>g»esport, fad. Y.SL p. 464,5*27,804, CwloflWo-Spfliiffn, Or;»L, m< p V&jL ft. iOS : S27, tm, 027, 728), 7m. 942, 942 _ 'iliP j V. 01, p. I'srio, W, Dak.. .. Y. «L SI, ft. 073,-4 f London, €)............ V. Si, p. 873, 720.856 Colton, .......... ......V. ©I, p. V. 61, p. 976 ; Howard €*>., M o....... ....1832,1130,11«3 Faribault, Minn . „V. 6% p, 147 Lens Island City, S.Y. V, 61. p. 33#>720, C ^ u a K t Mo.----- ------ - V. 0*.. p. 1103 Farley, I* ........ ... ...Y . SB p. 438 Hubbard, O ...... ...... V, 61, », 720. 107* 8|f. KS6. J) 43. 077 Cwanbli C®„ It. Y ____T . 01, u. .si*p . cm i s } , Hudson, S. Y.. Ljrain, N. Y .Y . m . p, 1115; V. 81, p.528 ColaiobtaCo., W'i i 5, . 0.1,*p "in,* Far mmtmrnrn}r, W .v527,885,^*2,1081 v . 80, p. 1181; V, 61. p. 37, 164, 211 Lomlti. 0 ... V. SO, p. 37. 124,104, 212; Colfffl&lMA O . . .. .. .. . ........V , 0 0l ft, »70 Fa*ett# €*>., <>..., ........ V. 6J, p. 970 Hull, Mass V, 61. ft, 3«5, 439, 528 C5»ftiaib®i, <*a,. ill. p. m i yM Fayette T ex .. - . . . €%,................... . Y, Si, p. 34 1 .V. 61, p. 104 Loa Amrelea. Cal...... Y. so, p, 879,894, (im, ji *3 Fayetlefille, W 0 . , „ ....... Y, So. p. 722 ^ Humboldt, Than. Iowa 1071,11.15, 1161; r . sk n. 1 |ft . Y.61, p. 10d2 ' ColtimftiM, Tn6 ......T, «f. p. Am 527 FeOru# Falia,. M i n n 7 . SI, p 537, 976 i Hiimestone, Hun tinatom, ted. v . n p. *253 Louisiana ... V, 61, p. 826,804, 1184: V. ‘ Colambff, Mi*#. , ...... 00, p, $ft? Bank, IF. .. . . . . . . . . V. rt. p. I3S ! Hyattsytlfe, Md.. ... V. 01, p. 783 68 . d. 102 Col urnbu*, O ,... V.m. p. * 10; v. «i, Fern Fern Dank Special S* D*. O.Y. 61* p. 2 »3 . 6t*. p. 079, 722 f/OuhPrlUe, Ky..... Y, * p, lfli.139< 720 p. m i. w$ i l l fliebbwrsr. Mm*........Y.61, p. in$.til ! Hyde Park. Maas O......---- ------ v. 61, p. 528 CoffiEOBftftS, W lf......... Y. 01, 0. 0WL 0i i FlaManda. W. Y................. V. St, e. 1031 I d&ho CO., I d a .. . . V , 01. p. 627. 7 « 3 ; Y. I*ouisTll]e, Lowell. Mass.. Y. 61. p. 51, 184.$04, 977 Comaoefts <» , Kao... .... V. sj, p. *s *;j Flint* Mich.*,......... 00, p, Wfi i 62, p. no Lowell; Mich. . . . . ........ .. Y. fi», p. u. 6* Cfmmrd. ST. H. . . . . . . . . . . V. 01. p„io~i Florence, Web.................... V, St, p, 394 ■ A Springs. Col— ........ V. 6<», p. 722 Ltfiwylli©. S. Y .. . . . . . . . Y. 6% p, 84$, 940 C otiM at, o .....v . «t, p. mn. imi it m Florence, 9. D No. 2, Col. . Y. SI. p. 676 Idaho Illinois City, III............... V, 81. p. 1074 Lack. Wls............ . ....... V. 02, p. f.'i Coosi €0 ieboc*! iiiaA*iii. v. 00, 0.040 Flushing, Mieh-... ..... .... Y 6«;, p. 7S£2 |IIILiOis Drainage Dlsts. ..Y. SO, p. 1115 Ludln^ton, Mleh ....... — Y. 61, p $04 W W i f W i , Mieh .......... . V, 01, p im Fonda, mi. „Y* <F>, p, 7®2 ! i ndependence, Kan . . . . . . . . . . v. si. p. 8i Vn....... Y. 61, p. 1088,1074 Coc« Co.. S. H ............. .Y, 01 '» t%* Ford Co,, Kan,. .... ........ . Y. Si. p. 7t» Independence, Mo— ,V. «L p. 580, f$9 Lynchburg;, Lyndonrllie, Yt. ..... ....... 00, p. 783 Cftrntna g. t>. Ho. 9, s. Y. V. 0t, P *, F*-*r«*i Gfore, Ore.. . . . . __ V. ill, p. 527 Indiana... V. et), p. 679, 72i, ISO: V. 01, Lynn, Mass,. V. 60, p, $06; V. Y. 61, p. 82. ForeaHtlle, » , Y ............Y»«o, p, 679 1 p. ,H.GS 164.1104 Corftsrait, __ ... v si r* mk Forman,N. D ..... ....... .....v , s t . p.8851 Indiana 130............. Y, 81, p. 1030 ................. *V*61, p. 527 Cornwall, W. Y............. .-..Y.m’.p l4» rcostyth Co* N, C............. V, 61, p. 1«BB. : tedlanapoUs, Ind,.. Y. 60, p. 80S; V . 02. Lyons, Corrnna, Mieft......V. Si, p, 547, &3» Fort Collins Od., ft. 102. 147 \ f ackey. Ta.............Y ,S l, P* 977,103$ Cmmdi « ! « % f»,, *F ' *■w 's Y. SO, p. 1634 ; Y. SI, p. 124 mGkt.i Mich................Y .S l, p. 107# XrJLaoon, Ga..... Y. 60, p. 783; Y. o h n. _ , „ JC S<:*( p. 0«0; 7, SI, o, *211 Fort Madlaoo Ind. B. D. I#,V* 6*>, p. 1071 \rm 703, $41, 888.5M3, 11S4 ; Y. 01. p. 102 Irctnton, O .......... V. St, p, 211,438 Cow|«y Co..Kan................Y.#| p sH Fort Worth, T ex.............. . V. 81, p, 719 Ironwm id Fract ional School Madeira Co., Cal............V . So, p. iii-l Cbwllt* Co.. Wash.. ......v ,« i « ' 4H5 •. ** ................V Madison, Ga........Y. 6L p. i£I 5 District No. I, Mich., &m*f Prminet, {j&wmn a*8, ............... ,Y . 61, p. 5 9 V. 60. p. 804; V. 81, p. 37 . Madison, S, D............. ...V, 01, P- 977 JQ&*$Web........ ...........Y', 0o. p. 72s Ffyxhoyo, m K r................Y, 61. p. 4’M* 519 Island Co., Wash.____ ___ V. 81. p. % S s Madison. \VG.............. . V. 02. p. I 4 » CmiUm. Cm,,..., •••.........V. Si* « 088 Franklin, Franklin, Alfnn.. It as©a Co., MJon................Y, 01, p. 203 i Madison Co..«»___ _____Y. 01. ft 11 It0 Crmmtfm. H. I ... --- Y, 01, p »S .7 V. so |>. 1671: Y, SI, p. f l l , 484 Ithaca, N. Y., Mad Ison vUle, Ky. .7,61, p. 1127; V. 62, Crawford c « „ fli .....-...V. 00, », a |0 Fraoklln, N. J . . V 61. p. 80S, 841 :p. to V. SO* p, 848: V. St, p. 81,16# [VOL. LXII, THE CHRONICLE. 00 INDEX TO STATE AND CITY DEPARTMENT.-Oontinued.. Michigan City. Ind........... Y. 0f. r>. 848 Mount Sterling,O...V. 61, p. 164, 2 5 1 , ! New York State.. V. 60. p. 939,1023; V7. 61, p. 528. 028, 841,1128; Y. 62, p. 102 439 V, 01, r», D 4. l>77 Middle Loup Valley, Irr. plat., Neb, v fil.p. HJ7: V. «2, 1). 60, 104 Mount Vernon, N. Y. V. 60, p. 895 941; Nez Perce Co., Ida.. . ...V, 01, p. 10SS V. 00, p. f116; VC 61, p. 125, 805 VC 01, p. 212, 385, 439, 7(53, 1075 f f c . -V- 01, p. 107 ti Mi.kUoaboroligb, Ky,. --- \r, 00, V, 1024 i Mount Version, Wash....... VC 61, p. 884 Niagara Falls, N. Y...VC 61. p. 294, 580, Maine M , fia-iwh.., ,, V. 60* p. 070 Middlesex Co.. H IO..T. d , p. SOI »«>. 673, 721, 977, lOfo Muhlenberg Co., Ky....... V C 60, p. 7 6 3 s ia, 0 7 ? 818 , 894. 940: Maiden, 60, p V. 01, p. 0*3 Mitklii't'iwn. Corn!.. ........ V.bfl ji.Jau Multnomah Co.. Ore — ..,. Y. 60, p. 761 Nicolson, Pa............... — .V. 60, p. 723 , V. 01, p. 1032 Mlddleton-n. In.I......V. 01. o. 6 W .8 8 « Murfreesboro. Tenn.. Y. 60, p. 723, 941; Niles, Mich.............. .. V. 60, p. 895 Malvern, O ...---- V. 61, p.886 No. Adams Fire Dist.,Mass. Y. 60, p. 941 Middletown, O.............V, HI. p.«78.-888 Manchester, N. H . Northampton, Mass., V, 00. p. 723,761, 1116; V. 01. J».SS9.9I3 Mlluca. Minn..................... V. 01, i>. :rao Y. 60, p. 1163; Y. 61, p. 39 . -V. 61, P.37 Miles City. Mold . V -00, |>. X07J; V, 111. P\Tarbertb, Pa— Y. 01, p. 1032, 11 64 ManChester, Y». p. 1076 ivl arragansett Pier, R. I.V.01, d. 10 7 7 North Branch School Dis V. 61, p. S 0 « Manhattan Twp., Ky trict No. 32, Minn.......... V. 01, p. 294 Nashua; N. H ...... .. Y. 60, p. 761.808 Manlstique, Mich — .... V. *10. p- 1071 .Milford, Mich., V, oil. !>. m i l ; V. O'. I). 38, 88. 104. 212 ; Nashville, Tenn....... V. 60. p. 941.1026; ! North Brookfield, Mass., .V. 61, p. 1075 Mankato, Min». V7. 01, Pi 763, 913 I North Dakota.. -V. 00, p. 1030,1163; V. V.dO.n 080; V. 01, n. .124, 21.2 MUlodgevUle, MS...V. «1, p.R77; V. -2, 61, p, 528, 721, 1 0 3 5 p. 102 j Natick, Mass...V. 60, p. 1110,1163: VC Mamdiehl, O., V. tu, p. 339>, 580,804. 61, p. 977, 1032 ! North Des Moines Ind. Scb. 886,1032 .Millersburg, 0 ........ .-.VC 01>, p. 723,1110 Nebraska........ ...................V. 61, p. 483 District, Iowa.......... . — Y. 61, p. 294 Milton, Mass. VC00, p. 94 J: Y.61, p. 977 Marlon, Ala., North Knoxville,Tenn....... Y. 61, p. 39 V. 00, p. 941,980: Y. 01, p, 8 3 Milwaukee, Wis. V. 00,p. 895, 941. 1020 Nebraska City. Neb. V7. 00, p. 848: Y. 61, p. 121 I North Glean, N, Y ......Y. 61, p. 164, 440 1116, 1162; VC 01, o. 104, 250,1032 Marion, K an ................. - V. 62, p, 102 Marlon Co., la ........... . V. 01, p. 7(53,913 Minneapolis, Mum..... V. 00,p,723,808, Nelsonviile, O................. V. 61, p. 253 North Tonawanda,N. Y ..V . 61, p. £ 9 4 59, 027, 1127; Y. 02, p. Nevada City, Cal.........Y. 01, p. 673,943 Norwalk, Conn.......... V. 60. n. 941,1071 Marion Co.. T e x ............... V. 60, p. 910 Norwalk. O., 148 Newark, N. 3 Marlboro, Maas., VC 60. p, 1026; V. 61, p, 104, 339 VC 60, p. 723; V7. 61. p. 121,164, 212 : V, 00, p. Mis, 911 1025; V. 01, p, 82 I Minnesota.............. ........V. 0L p. 4 8 5 Marietta, Mich,.................V. 01, p. Brt> j Mississippl............. ..... V. 60, p. 1071 Newark, O.. VC 61, p. 1075 ; V. 62, p. 102 j Norwich, Conn.. — . , . .V. 60, p. 805 MassfcfieM, Ore,.............. VC (Si, p, 480 i Mitchell Co., Tex............... V. 62, p. 148 New berg, Ore,. — ... .V7, el, p, 880,1075 | Norwood Mass— Y. 60, p 895, 941, 980 . Martin’s Ferry, O........... -V. 00, p. 723 ! Moberty, Mo..V. 60, p. 1071; V.01, p. 38 New Berne. N. C.............. VC60, p.7 6 3 i Norwood, O.Y. 60, p. 723,980,1071,1116; Y. 61, p. 125, 580, 673 ! Mobile, Ala ....... ........V. 60. p. 8m Newberry, S. C...........V7. 61, p. 720 j Marysville, Cal.. — V. 61, p. 805,1164 V. 60. p, SOS, 1028; V. 61, p. 38, 82 Monaco, Pa............ .. VC 60, p. 723,1071 New Britain, Conn..........V7. 60, p. 1036, 1 Norwood, Pa 1103; VC 61, p. 38,125, 720. 804 ; v. 02. Norwood Station P a ...__ Y. 00, p. 848 Mason Co., wash....... ... Y. 61, p. 4 8 5 Monroe Co., Fla., p. J48 ; Nyaek, N. Y........................V. 61, p. 580 V. 60. p. 80S. 980; V. 61, p. 251 Massachusetts ......VC00, p. 80S. li'25: V. 61, p. 121,164, 338, 528, 580 Monroe Co., N. Y........ VC62, p. 102. 148 New Brunswick, N. J ... Y. 60, p. 1 1 1 7 ; V, 61, p. 627, fi*J9, 721 I O akland, Cal....... ..V7. 61. p. 4 8 4 Mansion, W is — ...............V. 01. p. 804 Monroe Co., Pa......... . .. v. (51, p. 7 6 8 akley, Kan................ V. 01, p. 580 McDonald, Pa........... .........VC 01, p. 82 Monroe Co.. Wis .. -Y. 00, p. Sin; Y, 61. Newburyport, Mass........ ,. V. 61, p. 580 | p. 82; V. 62, p. 10.2 j New Carlisle, O.................. Y. 61, p. 763 j Ocala. Fla.. . . . . . . . . . . . . . . . . . . Y 60, p. 941 McKeesport, Pa. V. 61, p. 38,104,294,528, 8-14.1032 1 Monroeville. O........... VC01, p, 80-4, 8S6 New Comerstown. O.......... VC 60, p, 723 j uconomowoc, W is...... .... V, 61, p. 580 Oconto, W is............. ..Y. 61. p; 1075 V, 00, p. 1 0 7 4 j New Hampshire (&aitina& Bank McKees Rooks, Pa......., ...V, 01, p. 161 i Monrovia, Cal....... . Mead vino; Pa ,v . oo, p. Has, 1070 : Montana......... ................. Y. 60, p. 08 cl Laws) , .. ...V7. 60, p. 676, VC 61, p. 3 4 1 ! Oelwein, la ............... . .VC 00, p. 1115 Meagher Co,, 8. D. No, 8, Mont.,., V. 61, 1Montclair, N. J ;........... V. 61. p. 82,13« , New Haven, Conn......... .VC 00, p. 848; Ogdensburg, N. Y ....... Y. 61, p. 805, 841 Y, 61, p. 721, 804 : VC 62, p. 1 0 5 <>gden, Utah......................V. 61, p. 977 p. 043 i Moutesano, Wash__ ,Y. «1, p. 212, 339 ; Mechanicsviile, v. Y ........ v . 61, p. 250 Montevideo, Mian..... Y. 01, p. 528, 027 ; New Haven Co., Conn— Y. 61, p. 7 2 !. Ogden S. D.. Utah — Y. 61, p. 1164; V. 62, p. 102 804 Medford, Mass V. 00, p 9 8 2 ; V. 61, Montgomery, Ala., V. 60 p. 1162 ; Y. 61, p. 212 j New Mexico— ................ . Y. 01, p. 251 Ohio........................Y. 61, p. 80 p. 124, 528: V. 62, p, 50, 102, 147 New Milford, Conn..VC 61, p, 1075, lie4 Old Town, Me..................V. 61, p. 5 8 1 Medford. Ore.................. V. 80, p. 8 1 1 Montgomery, N. \C. Y-60,p. H I 6 ; V, 61, p. 38 i New Orleans, La ............Y. 60. p. 848 Glean, N. Y .........................Y. 61, p. 125 Medicine Lodge, Kan..... Y„ 01, p. 9 7 4 Meigs Co., O ................VC 60, p. 1 0 7 4 Montgomery Co., Ala V7. (51, p 627, 673 I New Payuesville, Minn.Y. 6L p. 580,805 Omaha, Neb., VC 60, p 941,1071; Y. 61, p. 164, 213 Melrose, Mass.V. 00, p. 8fl8,941. I l l G, Montgomery Co., O .. .Y. 60, p. 941,1162 ! Newport, N, K — .......... Y.^I, p. 6 7 5 1 1102; V. 61. p. 4H, 1032 Montpelier. O............V. 60, p, 723,1071 I Newport, R, 1,. — .... VC 00, p. 723, 808 ' Oneida, N. Y,. ..V. 60, p. 761 ; Y. 61, p. 213, 339, 385 Memphis, Tenn....... V. 01, p. 88(5,1032, Montpelier, V't...............V. 60 p .7 6 3 I Newport, Y t.................... vc el, p. 2 5 3 | 1127 Morris, til........................ V. 60, p. 1110 Newton, Kan....................V. 60 p. 1026 ; Oneida Co., N. Y.............. .V7. 61, p. 82 Menominee, Mich......... Y. (50, p. 7 2 6 Morris, Ind. S. D., Minn... V. 6l, p. £177, Newton, Mass.. -VC 60, p. 1071; Y. 61, p. j Oneonta, N. Y ................. V. 61, p. 39 213. 2c 1, 339, 385, 721, 1075, 1128; V. i Ontonagon, Mich........V7. 61, p. 886 Menominee Co.. Mich— V. 01, p. 48-v 1075 62, p. 50 Orange, Cal— ................... Y. 61, p. 977 Menominee 8. D., Mich... V. 60, p. 7 **26 Morris Co., N. J ................VC 61, p. 1075 Mercer Co., O........ Y, 01, p. l 0 3 4 Morristown, N. J — .......VC 61, i>. 1032 Newton, N. H ................. . Y. 61, p. 294 Orange, Conn.V. 61, p. 883, 1032,1128 Merchantvllle. N. J ........... V. so, », 723 j Morristown, Tenn.............Y. 61, p. 124 Newtown On. Free S. D. No, Orange, N. J .............. . .V. 60, p. 1116 12 N. Y .........................V7. 60, p. 1026 j Orange, Tex................. . Meriden, Conn............ .. V. 60, p. 1028 Morton Co., Kan............... V. 61, p. 843 Y. 62, p. 51 Meridian, Mias......... no, p. 80S j Moultrie, Ga..................... VC 62, p. 148 New York. N. Y..Y, 60. p .723,808,1110, Ord, Neb..........................VC 6L p, 841 Merrimack Co., N. IT..... .V. 60, p. 7 6 2 i Mound City, Mo............ ,T. 60. p. 701 j 1163; v. 61, p, 38, 82.125,164, 294, 339, ! Ord Irrigation Dist., Neb... Y, 61. p. 943 Methuen, Mass...... V. fii, p. 38 Moiradavilfe Ind.S.T>„W,Va.. V.62, p.50 | 484, 580,1032,1075, U26; Y. 62, p. 102, Oshkosh, Wis:.... Y. 60, p. 723; V. 62, p. M iam i Co., Iud...... .. Y. (50, p. 1110 Mount Clemens, Mich....... Y. 61, p. 88tt I 147 1 51, 102 10, p, 1071, 11 17: goffin Cfe NEW LOANS. 3 7 0 ,0 0 0 18 ills! IM P R O V E M E N T The ..... tux rlw oi? T'fcCE J g ffi. lafionlu ’ Penus: NEW LOANS C ity of NEW LOANS. P o r tla n d , O re. 5 P. C . G O L D B O N D S . Dated J u ly 1, 1 S 9 2 : due July 1. 1 9 2 2 . Denomination S 1,000. Principal and interest payable iu «*'oid. PRESENT FINANCIAL CONDITION, OF IN D IA N A P O L IS . Real valuation...................... .8125,000,000 BONDS Department of Finance, } Office of the City Comptroller, > Indianapolis, Ind., Jan. 14, lr96. S Assessed valuation.--------------------- 47,689,025 Total debt.. ......... 84,831,500 Less water debt........... 3,150,000 MUNICIPAL FOR BONDS IN V E S T M E N T . State del . ,.f >vill be rcccived $1,681,500 Net debt................. Population, estimated, at present, 90,000. by the City<|| I m l i u i i . Portland is the natural commercial and distributing i«m i, until WeclncBdav, the 12th flay centre, o f the Northwestern States, and has long hac bar IS, ISO Miff, at 12 o’clock M., for the trhole or the reputation of being one o f the most substantial p a r t i c u l a r s upon a i p l i c a t i o n . ----- . - 10,000 Improvement Bonds o f said City and conservative of the extreme western cities, and it is next to 8an Francisco in importance. - will he designated “ Indianapolis Improve The total clearings of the banks of Portland for the vis iff lhfffi; ” will he dated January J, is-.ii week ending Nov.’ 1(5, 189-, were §1,436,433, as com the denomination o f ?1,000.00 each, with in- pared with §1,369.705 for the corresponding week of 189i, showing an increase o f 4*9%. This is indicative ^upons attached; will bear interest at the rate Of the business prosperity which is prevailing in this HHMBERS OF THft NSW YORK AND BOSTON per cent ) per annum, payable semi-anna section. 8TOCE EXCHANGES. Subject to prior sale and advance in p ric e , wo 1st day o f January and the 1st day of July of. offer these bonds at 114 25 and accrued interest, as year; the principal payable in seven equal an- y i e l d i n g m $ . ONALSKB IN C( MMMBCIAL PAFHR, fit! Instalments, and both principal and interest E. H. R O L L IN S & S O N S , payable at the banking house o f Winslow, Lanier & 53 STATE ST.. BOSTON, MASS. Company. New York City. Bids for the purchase of said bonds should be endorsed *>Proposals for lm ptorement Bonds ” and directed to the City Comp. NEW YOKE STATE .8 *roller, Indianapolis, Indiana. Bidders may bid for all or any part o f said bonds. G O L D » » s t a t e s t r e e t , boston , The proposals will be opened by the City Comp, trailer, at. his office, on the 12th day of February, ffi NASSAU ST., NEW YORK. 8% Bonds, maturing 1906. IStW, between the hours of 12 o’clock M. and 0 clock P. M., and said Comptroller will t hereupon award said bonds, or. If he shall ,eeflt. 11part or any MASSACHUSETTS STATE number thereof, to the highest and best bidder G O L D therefor, and shall have the right to accept a partoj any bid, and to award upon any bid the whole or any 8% Bonds, maturing 1925. Jess number of bonds covered by such bid, the Comp" W H A N N & SOHLESING-ER 1roller being tbo sole judge of the sufficiency or th e Price and particulars upon application. Insufficiency of any hid. and he may. in bis discretion award a part o f said bonds to one bidder and a par to another, or he may reject any or all bids. FARSON , LEASH & C O „ haoh bid shall be accompanied with a certified 2 Wall St.» New York. ‘■heck upon some bank of the City o f Indianapolis Indiana, payable to the order o f William If. Schmidt BONDS. City Treasurer, for a sum equal to « per cent (SJ) of So. Omaha, Neb., lleftmillng................... fa the face or par value o f the bonds bid for. The Sheboygan, Wis,, Sewer.......................... g , bonds awarded will bo delivered by the City Treas Slier an, Texas, Kefunding................... <i„ urer at hi, office in the City o f Indianapolis on the Muscatine, Towa,, Imiirovemeat............6a i WALL s t r e e t . NEW YORK, 12th day Of February, 1898, or on the payment o f the Aurora, Ills., imiirovemeat.................... 6a purchase price for the same, which payment must be Gibson titty. Ills., Water Works............. 6s made within ten days from the date last above- Hubbard, Ohio, Electric Light.,....... . . 5s e ve j named. Harvard, Neb.. Water Works.................6s S ch erm erh orn B u ild in g , $ W A L L ST Said bonds are offered foreale under and by virtue EO& SALE BY --f General Ordinance No. 77, 1b06, passed by the Com MUNICIPAL ISSUESIN THE STATES OF mon Council of the City of Indianapolis on the (Ith N E W Y O R K & N E W JER SE Y M A S O N , L E W IS & C O ., day of January. 1896, and approved by the Mayor on A SPECIALTY the 11th day o f January. 1888. BANKERS, Blake B rothers & Co MUNICIPAL B NWELL & E B. M. JOHN SON . City Comptroller. 31 State St., BOSTON, in RITT EXPERIENCED “ MIJNICIPAr7 BOND” LaSalle St., Li man open for engagement or would t-ike narfher to back me financially. Can c o n tro l!S ta b le Ch i c a g o . business. Address ‘‘BOND MAN,” Ctaom ie January 25, 1896.] THE CHRONICLE, IN DEX Oatrego. Kan....................V.dft p.K M o » » m » Co., s . v ............v . do, i>. ; » i Otter Tat) Co- Minn.... V. CO. p 1 ! I > .......... - V. 02, p, •> * Ottajawa. hx.... Oxforl, la,... VC61, p. 29i; VC61. p.529 Oxford, O .,,.... ........V. 61, t>. 410 OweiMb-oro, Ky......VC 01, p. SBt\ 10 3 4 ......... *V IS p »m t«! poat. s . v " Vv'w ,p Pii.uvMwi Palestine, re*...................v .«4 . p. l « PSlo AlfefcCal ... ....... v .< »,p . 74* PaeadetM c u r a 1> Cat, V. SO. p. 1071; V. 131. o. 52, 213 Puwte. X.J. .V. «>'. P. SOS. T. 61, p. &i. 3Si Patemm. N. J.......... V. si. p. IMJ, sms ^£ICNY::..::vv^\C!i?VCC Peneeoofc. s . H ......... f . m. p. y -i« PendletonCo.,tV.v» V. •». p. 8fi*. ! « * ; V. 61, ptiBt. I - 5 . l l - i Pendleton 8. D., ore..........V. #1. p. 8M Pensacola, F la ................. V. si. p. -It Peoria,UI..V. m, p. l an-, v. >11, s>. i-r-, 7$$ Ferry, Ga . . . . . ..............„ ,V *&Lp.ftU Ferry. NC V....... VC « i . p. ]*«. £ 5 t . ;xt9 Penr. *>■T . V. « 1. p "Si! O'13 Porto Amber. ,N. j ........ V .i» .p .7 B 3 Peterabogr. M l : v. 61. p. let Phelps. N. Y .................... v . ooiji. sws 628*783,763*886, 944, 1075. 1164: V. & p. in . 5t Pfsitmont, x . y . . . . . . . . . . Y. 6L p. $o*82 Pierce Co., 8. D., No. 56, W W ..V .« » . f>. »07* Pine island. Mian-....... m\ p. lim Plana, o . . .......................... v Mam. , . vc 01. p. zu, $»*, :>v PlttajhrauiaCo., Va.\C « £ r>. 51. I am Plato City, o . . ....... \......V. m, p. -453 Pialiutetd. x. j ...... v. ci, p. i25, 741 Plain view. Mian . ............ V.m, p tU Plainview, X. T ..............V.tH. p. J© Plaueritte* Wls.................VC61, *>. ,'7X7 Ptkttabarg. s. Y .............. vc ai, p ~u Pieanant HHare, Ind- ....... V.6V p. 72? Ftattfsai Rid**,O............V . w\ p, um WimmmtTw o* 0 . . , . Y . £ ql ». W t* i i $ i Polk Towxwblp, M o. ...... VC01. p. 3«* I P o m e r o y , ....... ..V. 63, p. .7*4 Pomona, CM............. .........V. 6x p Pit Ponce. O .T ... ..... ...........VC6L p 606 TO STATE St. Louis, Mo. V. 60, p. 761; V.01. p. 680 Louis Co.. Mum. •V. 61. p. 8 4 . 1164 SherManvlib*. Pa. ......... V. 60, p. 1116 6 S R . tc.j. e V r .......V .53, p. 103 St. st. Mary's, o. . .....vc 6* p. » 2*11S8 Sherin-ui, Tex.......... VC6i, p. 073, 842 hi. Mary's Go-. Md....... V.rO.P. 600 Sierra €>*..Cal......... Y,.60* p. 764 gr^euis-.^ sassfrWr. vitvA~? m 10a Rlohmond. Mich.. HiolunotKl. V a . Ilii'isiouiwl. ’ t ->» t. YnUDHMen n, Obiit «. Plit.her*. t’ a.. !*«heol ««. Peel, Minn........... Nartb Dnkeie 14* 4N* ... ... V. 01. p - I XL G7-2 7, •">» . tl» .... IW p have a num ber o f new o ffe r in g s o f M U N IC IP A L BONDS W h i c h a p p e a r a t t r a c t iv e . N. W. HARRIS & CO., I. BANKERS. 3* 4<d» H 'I A l.l. 1TBKKT. Rapid Tran.lt Perrj»««Itn l.lsnd K f ................ tier-ford Kj NEW YORK i. Prtee, and fell deaertjmon futol»l»«d wo oppiicaUon. C. M U N IC IP A L H. W h ite & 8 ANKERS, 7a B R O A D W A Y . M E W C. BONDS. Bend HIH, Obi*. Water ...................... Audy.tou, Ohio. School. ................ Defittaer. Ohio. Ketundtne.................... I.enau. Mht«, n.fnudlng ... .............. Terre tiautr. In .. Kelandln*............. Aurora, I d . ltefMndtH(r JrnutnnnCooatr. ind.. Hon,i................ Aatoria, Orenun. '(.nidi, IVnter........... P.*rt War!fa. 'tVx«»,!i;»lil).XV nter Waro.Trxn*. (tJoldi. Kt. linuroyemeul Teaa«. r(r-lioot and Sewer. g ralcnna, urel. Md.. wtreel improvement........ arlevol*. Hleh , Uelondlnu Newport. K».. Bridge............................ r o a 8AI.S MX Rudolph Kleybolte & Co., BANK RR8, CINCINNATI, O. BONDS. ROBERTS YORK. BONDS. tt WAI.I. HTRF.KT. - Spokane, C o u n t y , C it y , S e lt o o l H o n d a , W a r r a n t * a n d L o a tta , N E T T IN G 5 T O 8 P E R C E N T . [„ 8. BOBkKTS. W. B. BOBEKTS COBKK8PON DBKCK SOLICITED LOANS W. J. H a y e s & S o n s, TEXAS. BAN KERS, Intereat 7 Per Cent Net. AW COMMISSION-! charged borrower or lendct untU Ioann have proven good. 121 D e v o n s h ir e S t r e e t , F R A N C I S S J I 1 T I I Ac. C O NAN ANTONItt. TEXAS, BOSTON. MSTi* SEST t’ PtlS A P P U I ATIOS. ttU X lV U 'A r. AND Dealers In MUNICIPAL BONDS, Street Kailvras’ Bond*, and other high grade ineatmenli 8OST0K, MABS., 7Krih*ii»* P ie * BONDS W . E. R. BANKERS. S M IT H , Joseph S a n k an d T ru s t C o m p a n y S lo c k s b o n d s BOUGHT AND SOU). G. ilO C K M a r tin , BROKER AND DEALER IN USCKLLANKOCS NEOURI'TIES. I« (State Ht.. B(wl»«. Mo... NKW VOMH N ew Y o rk and B ro ok l y n m u n ic ip a l » rrv v in n » K A lk K O A U tnd all Local Secorltlea Uon»ht and Sold IB nitO Ail OTBUKT, C le v e la n d , O h io, 3 1 1 - 3 1 3 H n n erlor 8 t '.M. MEW YORK BROOKLYN AND JER SEY CITY BONDS A SPECIALTY. W . N . C o le r 8c C o . , W ash. A ta te , K8VV YO R K . S ta n w o o d & C o ., BAXKERM, B R O S ,, INVESTMENT BANKERS. M O R TG AG E E. NEW LOANS. C o ., S tr e e t, W y k e s & C o . , M U N IC IP A L surer City. fad. 9. IX. la . V. 00, p. 949 V. 60, p. SOU.ail; V. «l, (). 1070 v. Y. 00. p .*.! Y.»>.p. t l « l Salem, s.li .................... V.W,jp. m v. pi . p. m Salem. W, Va..............V.d# a l f t w l W e ... . St. Paul. Minn. ..VC no, p. 724. 840. Bm Salem. Mass.... ..... ........ VCM , p. 701 NEW LOANS. BONDS. » .. Peel. Minn Toerkn. Kas Denver, t;«l ............. Tnroma, VVe.b CITY DEPARTM ENT.-CONTINUED. AND Pr.»nchart-rain Levee Saline Co., Mo................... V. 01, p. sSi Richmond Co„ N. VC, Disc, La,........-. . -V.dO^p, i|6l " “ —VC 60. p. 761,89s, 1116; V, 01, p. S2 tail.I.akeCity. I' ’ VC6 L p . M k 2 .rt Rlehmoml Hill, XC Y..\. 61, p. 252, 3X5 San Antonio. Te Pontiac. JAfeb..... . ^ -,V. ^50. Portage. W a........ ....... VC 00. F p..f849 Richwood. Q............. VC61. p, 805, 81 p. 82, 213. 2Cl. 60. p Port Clinton, O. VC00, p. i07 ; VC01, p. m u*y Co Mo..................V. ri_ O- l"d SandersTille Ga.. VC09, p. 1027; VC6L p. 340 Ripen, Wis. ........... Y. ol, p. 252 j Potter Co- lo> . . . . . . . V Port Huron, p. §4,1128 Riverside, Cal. .. -VC6 >, p. 9*0, 111II; Sandusky, o ..........VC01. n. 7 ^2. 841 Portland. Me-............... VC62, p. UB VC61, p. 8-4 t Sanford, Fla............... . VC01, p. 1032 Riverside, G................VC 60. p. 0 4-2 San Francisco, Cal....... . VC61, p. 88.4 1 \c]&x p. m ’sso, 1072, mo, n e i; v. Riverside Co.. Cal..... .. VC 60. p. 850 . SL p. SO, 252. Roanoke. \'n......................VC 61, t>. 252 San Leandro, Cal— Y.6t, u. 9*7,1075; Portsmouth, la......... ... V. Oo. p. 10 ><•: Rochester. Mich ..............VC62, p. 1+8 VC62, p. 51, 103 Portsmouth, X. H.............vc 61* p. 125 Rochester, N. VC. .VC61, v. K m ; VC62. San Luis Obispo, Cal., .VC 61, p. 673, 70S Portsmouth. Va-.... , VC63. p- 886 t>. 51,103 ; Santa anna, c»L..............Y. 00. p. 980 Port Towa^end. Wash.... .VC 02, p. 102 ' Rochester, Pa....... ...Y*§ 1, p. 886 Santa Barbara. Cal.VC01. p. 073, 841,886 Port Townsend, S. D. No. 1, Wash., Rockbridge Co.. Va. VC61, p. 722, 7t?3. Hants Barbara t’o..CaL.VC60*^. 886, Mi i V. OL P- $80 Pottawraiamie Co., la . - VC00, p. «>8»» Rockdale, Tex............. .. V. #i. p. S t Santa Moniea, Cat,....... .-V. 01. p.*&$9 PottsvUle, Pa........... V. 6L jp. UTa, «32 lt.iekford, MicU..v.cl. p. .'is.as:,. 1st; Santa Rosa. Cal ..... .........V. 61. p. 722 PmMe dti CMett, VTis......,V. 01, p. »7> I V. «s. n i 03 Saranac Lake. XC V .. VC01. p, 886, 977 Preston, Minn............... VC61* p. 886 1 RockUtfOutm Co., N. H.V.«>. f .« « . 10*7 Sargent Co., X. I)............ vc oi. p. 944 Ptincetoa,Mine -VC tW, p. :ty. Rockland. Me.................... V. i!2. p. h - Saugus. Hass...................Y. 60, p. 1116 WL 1 Hi J; v. 61. p, 82 Koeklactl, Mass............V. ill. I I :io Sauk Rapids, Minn.... VC6L P. 888,1083 Prortden.ee,R. £.. VC60. p. 68*).701,10C4; Rockland Cm S. Y............ Y.81. p uo Savannah. Ga.......... VC01, p. 440, 484 VC61, u, . 07 7 Uookport. Ste<................... V. 81. p. 82 Schenectady, NCY....... V. 60, p. 723,896. Pueblo Co., CoLY. 61, p. m , 9 7 7 , drt R o c k x m e .^ ..^ W12: V. 01, p. 673, 805; V. 62, p. 51,103 ai o gf( Pueblo Co, a H. No. 1. CoS., *, :m Scott Co., Ran . . . . . . . . . . V. 01, p. 763 VC61. p. 140,701 Kockrtlle Centre, XCY.Y.09, p.805. W ) Scranton, Pa.. VC61, p, 127 ; \C02, p. 148 Pulaski. Tens....... ..... . ... VC60. p. 0*0 ! Hockwell City, la., Scrantun S. IX. Pa . . VC61, p. 841 Pulaski dty v »........ ........vc m, p.m U28; Y. VC0 *, p. *057,1116, VC61, p. 125 Seat tie. Wash .. -V. <31, p. 914, 62, p. 148 1076 Holln. M o........ /“Nula^y. III,,...... ...........V.fio, P-11 .... - .VC01, p.077 Seattle, S. Lx. No. 1. Wash., Q u in cy, Mem .. ..-VC 6 C p. R»>me, Ga..... V, 61, p. Bite. *4 i . -xd, Ml V C 60, o OIL 1072 ti, .we. s . r ................ v. til, p, 6s». «a» Sedalia, Mo V. 61, p. 722, 7 63, 8-4*2. Quitman. Ga...... .......... V. «o, p. 0-13 K’ Co., Minn.. V. « k > . | » . 10S8; V. (U .> 120. SS* I> adforO. VU. . VCOC |033 SedaUa D.. Mo............. VC60, p. 1164 Ktifand. e. Y... V. fll. P. 10xf. USS; V. HfHersviile. 1V ■ Pa ..... VC60, p. 1 03. p. 103 Shawm Mass....... Ba*as«y Cd., Minn .. VC00. p. hum Kot)an,i.Vt.............. V. 00, p. ?«1. — VC01, p. 7 . , 1U« fcamany Co„ X. i * . vc «o, p. 723. 808 Sharon. Pit . ........... V. fit, p. MW. 1 . lUfiklii. Pa....... Y* *l- p. 165,4-rt. *10 Sharpstmrg, Pa............. v 00, p. fi 3 14areturn u, . . . . . ... VC01, p, 107 s OMtnaw. Mich..........V. 01, p. m , 3 * V. lieadlw. Maas ................. VC01, p, 82 Ot. vuifuptiue, Fla ...V.DO, p.HM; 02. p. 51 Headtrig. Pa ................ VC6L P- U28 Shawnee Co., Kan....\r. Ot. p. 120,440* Minn., Heading. 8. IX, Pa ..VC61, p. iufe: VC St. Charles. 914. 977. 1075,1164 V. ISO. S9? ; V, V.61, 01,pp. 62, p Cl St. Clair, Pa...................... . SS Sh&wne-down, III...... . . VC61. p. 120 St. Clair, Pa........................ v • Haidahoro, Vt......... ...... VC6m. p,723 It. clued, filnn............... v . et. p, T*i Sheffield, Ala.. ..... V, 01, p. 977, 1075 Y. 61. u. I 'i rhi-n-yvllle. Ill ........ V. tU, p. 077. 1128 B*tkcy. to* . ...v.eCn-si St.Clued, I Iktmce.fimn............... Mich.................V. Reeve* Co,, t m ... VC6|, p. 1075; VC*2, Sherburne. Minn...,..... .VC 60, p. 1072 NEW LOANS. Cslembe,. Ohio........ Celumbe*. Ohio...... 201 Q U O T A T IO N S , Bank Stocks anti Trust Company Stocks Furnished the Ft!*AsctALOUitosiOMI and revised by W.LLIAM A. LOMBARD, HANK R, C LIN TO N 34 N A S S A U STREET. G IL B E R T ■l WA L L ST.. NSW YORK, 130 HROAD WAY. ( NEW YORK. Bank and Trust Co, Stocks and Mlarallnneoua Serliles Bought 1111(1 Bold. <orreafxmdenoesolicited rvou lxH. THE CHRONICLE. 202 INDEX TO STATE AND CITY DEPARTMENT - G oncluded. White Plains, N. Y .... V. 61. p. 812; V . 62, p. JOi, 148 Whitman, Mass................. VX 61, p. 105 Whit man Co.. Wash....... V. 61. p. 4N7 Wilbarger Co., T ex........... Y. 6J, o. 9/7 Wilkin t’o , Minn............... V. 6 , p. 941 Wllkinsburg,Pa. VX 61, p. 887, 977,1129^ •i ' uv-tu’i Wu*.h.. - V. 60. p. (578, 1 « 1 S ; \X7uCO, Tex............... V. 01, p. 8 4,165 SiuKhvllio, Teat.............. T . flK p. 1*8* | 1 v T l, p. 1081, 1 0 3 5 . 1075; V. 62 VV nkefleld. Mich...... Y: 01. p. 7b* ; V. Sotvav -V Y ..................... V. C l,n .m ( p. 40 62, p. 148 SetaeiwwvfMi. N, 11......... V, 61. p. <388 1 Tat mace Neb V ». p.722,80S- ?v86 Wallace Co., Kan .........Y. 01, p. 944 Somerville*,. Mm*~. Y.60.p.?*9>7tl.1 1 1& •i n u fV la ,v. y. i i, p. 7«-H, 1032 * walla Walla Co.. Wash.. ..Y. 61 p .4S 7 South Rend, I n i ............. .VX 01, I>.sr* ; Turn-town V. V ........ V. 61. p. 1075 , Waller Co., T e x ............... V. «•. t». 252 Sent It Carolinn. — V. 6». p. gw ; Taunton Mass ...V . 60, p. 701; V. 0C i Wallingford,' Conn V. 61, p. 1075,1120 South ... ..V, 8©, p. <-l. W6 : ,! li?" via. 481, 520 ; V. 02, p. 148 Walpole. Mass..V.60,p. 9i 1; V.6*,p.340 South €ilew» Falls, N. V.. . Y . *11, p. 3So; : Tn/eweh <o’til. V. 61, p. 252 Waltham Mass., V. 02. p, MS T;‘euujVt!U SD . N0.32.Neb. v . « 0, p Oil V.< O, p. 1027; V. 61. p. I (! ) South Unveil. Ml eh V. 60, p. 701 Tehama Co Cal .............Y. 02, p. 52 |Wapakoneta. O........... VX 60, p. 8b6,980 Sottt}tittgf.oh» Ivy. •• ¥- 0% p- *.@3 ; i :, S Park, I f T ... ■VX02. p. 148 i Wapello Co , Xa.............IX 60, p. 1M 4 Soil*I* 2*o ft a ll, (lentil, V. 60, p. 113fli l 3W 1erre Haute Ind.. . Y. 60, p 080. 1027 IWarehouse Point, Conn... .V, «C p. 704 South Omaha S, l>„-Keb.A..v.61. p* Y. 61,0.674,7 « « , Warren. Ill..................... Y v61/«?*n4V f ? South River, N. J ........... V. 61, p. 7*» i v m . : v077 1032,1075; V. 62, p. 52,148 . Warren, Mass.................. V. 60, p. a l 1 Sporta. Wls. ------ -NktoAftSk | 6 t S \ ...............V. 63, p. 581 | Warren, O..................... V. 60, p. 724 Spurtn, S. ti. X<*. I, WM.. V. 01. p. 3 1 0 Theresa Tbmnusvllie Ga. WX(50. p. 761, O^O; V. Warsaw, v. Y ............. Y. 60. p. 89b Simit^Bhurjj, Win.... . . . . . . XYX*i, |>.2h5 0 1 p 887.1076; V. 02. p. 104, 148 Waseca Co., Minn...... . V. 62. p. 52 Sparteotnirk Co., S. C......V. 0*2. p. I 0 I Thomsonviile. Conn..........Y. 61. p. 722 Washington...............Y. 61, p. 529,1032 Spaulding Co., — .. . V. 66. P* S48 980; V. Washington Pa ......(Si, p. leo Spencer Co., Ind....... ........ V, 62, t>. HS Thumsonvllle. Uioh...V.60, p61, p. 941 Washington Co., Kan...Y> 6!, p. 1 *13 1 Spokane, Wit.“ih. . VX 00. p. JSt 1 j \ . TJ -n-ston Co., Wash....... V. 61, p. 67 *> j Washington Co., Me.........P-214 01. p. IJit. 0 32 *ri.us Cn Tex........ .. .. V X 62, p. 148 iWashington •*0., Miss..... V ,60,p. 9 4 3 Spokane Co.. Wash...... V. 61, p. 48*7 t : TltusCnio, Pa ........... V, 00tp 111-8 : Waterbary, Coan.........^61.0.^0,120 V. 62, p. 108 O , Y. 60. p, 041; V. 6L, j>. i M l Waterbury, Vt....... 61, p. 38^ Spring City, F a,..... .... — V. til, p, |W Toledo 077,1032, 1075,1128,1164; V. P. 52 ( Watertown, 8. I )----- . V. 61, p.977 sprtngfloW. Maas.... -V. 01, p. 580, (>*i!S Toluca HI........... Y, 61, p. 671, 7 6 3 i Watefyilte, Me...... — Y. 60. p 107« Sprtngsield, Mo... Co., Minn..... ..V. 60, p. *61 V. 00, p, SOS, Oil. 5-SO, 1116 Topeka Kan., 60. u. 701, 896; Y. 61, p. 1 1 3 0 I Watonwan Wauwatosa, Wis.......V. 6i, p. 764, U64 SpiftarteM, Neb., — V. w i P. 60$, 1072 TravisV. Co Tex....... ...........V. 60. p. 080 j Wayne, Mich..............V. 61, p. 806, 1032 Springfield, O.. . . . . . . . . . . . y . 01, p, 21* Trenton, Y, 61, p. 887, 944,1032 Wayne Co., Mich....... . Y. 60, p. 724, 8^6 Springfield S. IX, O.... V. OI, p. S 4 4 Trenton Mich__ N .1 Y. 61, p. 214; V. 62, p. '04 Wayne Co., O........., ..., V. 01, p. 82.126 Spring Grove. MSnn......... V. 61, ft. *22 Trigg Kv... VX60, p. t*06; V.6J, n.40 |Waynesboro, Ga.............Y . 61, d. 1129 Springnells, S. D., ho. 2, Mich. .. V. 61, TrinityCo., Co.. Cal...............V. 60, p. 7'* 6 Webster, Mass— V. 60, p. 724. 896, 941 p. 1032 Tr,.v N V ... Y. 61, p. 21X 7*3*3.806 i Webster Co., la ..................V. 61, p. 722 Standish. Mieh..... ........ ...V . 60. p .80$ j Tucson. Ariz............ V. 61, p 1 1 3 9 |Weir City 8. U N o.94,Kan.V 60 p. 8|6 Stanton, Mich....... .-V. 60. p. 7 GI NX V ....................... Y .61,p. 681 >Wellesville, O ........... ..V .61,p .82 Stapleton. NX Y.,.-.............V . 60, p. 724 i Tuliv Timkbaimock ^ ..... .V. 62 p. 48 Wellington O .V .60, p 724; Y.61 p,H40 V. 00, p. 701 I Turner Stark Ct O .. ........ . I1E.................V. (5 1 . p, 520, 7 < 4 ; W enhera. Mass........ V--60, p. 04L 102) Stanatots, V «....... VX. 61. P-1101 60, p. 7*4,1110; i West Cape May, N. J .. . . . . .V. 61. p. 440 Stevens Co., Wash........ .VX 0t, p. 4M7 Turtle Crf ek, Fa.X. ,7V.V. HI, D. 105, 440 I West Carrollton, (>..........V. 61, p. 214 Stewart Co..Ga........... . V. ill, p. 40 I Tkiah. Cal...Y.61, p. 1032. 1 16 4; V. j West Chicago, 111.. StewartvUie, Minn.............V. 60. p. 8*-6 | usu, v 62, p. 14S I V. 60, p. 941; Y. 61, d, 252 Stockton, NXJ ................. . IX 61, p. 82 Co., N. Y ....... .Y. 61, p. 1129 j West Cleveland, O — ,.Y. 01, p. 1 0 3 1 Stockton, Pa.................... V. 01. p. 206 Ulster Mo.......... ...............V. 60, p. 941 ! West Conshohocken, Pa..V. 60, p. 1083 Stonewall Co., Tex.......... .. v . 62. p. 148 Union Union, S. C.............. -.......Y. 61, p. 1129 1Westerlo. N. Y ................ V. 61, p 1129 Stony Point On. Free s. I). No. 2. NX Y. Unlonvllle,5Io.................. Y. 61, 0. 977 West Hoboken, N. J....Y . 61, P- 82,126. *, V. 62. p. 5 1,104 rnioSrtlie; O ....................V, 01, p.806 1129 j V. 82. p. 52 Story City. ia ..................... V. 62. p. 52 Unsimr Co.. Tex .............. Y, 61, p -126 i West Indianapolis, In d ,.... Y, 61, p. f*4 ..V. 62. p. 52 ! West Palm Beach, Fla.....V ..01, p. 874 til. p .; 20 •Upshur Co., W. Y a..... Utica N. Y...................Y. 61. p. 82. 326 West Pittston Pa.. .V. 60, p 1027,1116 Sutstm, Gal.,. .V. 61, p. 014 ; Y. 62, »•. 52 Trailer Go., Neb............ VX ftO, p. 1116 i West. Point.. Miss........... . V. 61, p. 7«ht Summerville, Ga........ . V. (50, p, S0H V alparaiso. Ind............. V. 60. p. 7&ti Westport, Mo ......... ,.,,Y. 61, p. 11*9 Stunner Co... Tenn.......... V. 02. j«. 101 Vancouver, Wash......V. 61, p. *95, 484 |West Troy, N. Y V, 62, p. «j2 Superior, Wifi. ... V. 61, p G7 6, r86. V44 Van Wert, O...................... V. 61, p. 628 ! Westwood. O ..... V. 60, p. 849; V. 61, ». Sutter r0„ Cal................V. (50, p. 81 I Ventura, Cal..................... Y. ^1, p. 1-5 I 295, r30, 764, 806, 887,1032,1075 Sweet Grass Co., Mont., IX 61. p 674, 722.1075 Ventura Co.. Cal............. V. 60, p 9 4 3 I Whatcom, Wash — ........ V. 61, p. 527 VX 61. i», 977, 1164 Whatcom Co., Wash.. . . V. 61, p. 4^7 Syracuse. N. Y. VX 0o. p. SPfl. 080; VX I. Vermont, 111....... P. 106, 213, 520, 581. 628. 674. 077.1075: Vicksburg, Miss.. .... . . . . . . Y. 61, p. 977 Wheeling, W. Ya.. V. 60, p, 1027,1118; Y. 6i, p. 40 V. 62, p. 148 Virginia,'Minn.......... Y. 61. p. 674, 842 I Ad r i a n H. Mu l l e r & S o n , R eg ular W e e k ly Sales —OF— S im o n B o r g & C o ., BONDS Railroad and Investment Securities. Long distance Telephone: “ 114 CORTLANDT.” Cable Address; “ RUDEIiATION, N. Y. EVEKY WEDNESDAY. LOCIS MBS1BK Office. No. 24 Dine Street N. Y. P a r k in s o n & B u rr , H a ig h t & F re e se , Bankers & Commission Stock Brokers, R o ls to n & B ass, 8TOCKS, BONDS AND MISCELLANEOUS SECURITIES. W, EL ROLSTON, I 1 6 B ro n d S tre e t, NEW YORK. EDWIN S, HOOLEY, I P. 0 Box 2,956. G i lm a n , S o n & C o . , Bankers , N o . 62 C E D A R S T R E E T , In addition to a General Banking Business, Baj anu Sell Government Bonds and Investment 8® curitles. ill STREET, NEW YORK E s ta b lis h e d 1 8 6 5 . MEMBERS OP NEW* YORK STOCK EXCHANGE. Allow interest on deposits subject to sight check. Boy and sell on commission stocks and bonds either for cash or on margin, and deal in Investment Securities. A . M . KtDDKIt, H , j . M orse , chab . d . Ma r v in . W . M. K id d e r . 203 BROADW AY, NEW R ooms 508-509 YORK, B u il d in g *. m a il an d e x pr e ss REPORTS FOR INVESTORS ON RAILROAD PROJECTS AND PROPERTIES Railroads Located on Economic Principles. Plans, Specifications and Estimates Furnished. CONSTRUCTION SUPERINTENDED. JOHN M ARSTON, J r . , C iv il. ENGINERH, . ROOM 202, BULLITT BUILDING, P H IL A D E L P H IA , WMk BOOKS FRA N K LIN HAUL ACCOUNTANT AUDITED* INVESTMENT BONDS. New forms designed for hooks of account. Accounts of Banks, Bankers and individuals received on favorable terms. NATIONAL BANK REFERENCES FURNISHED. U P T O W N O F F IC E . 1 1 3 2 B R O A D W A Y . 418 Exchange Building, 53 State Street3 Boston. F r e d . M . S m it h , 70 SOUTH S T R E E T , AU BURN , N E W Y O R K . Makes specialty o f Bank Stocks, Municipal aud Water Bonds and furnishes Solicited Information C . H . V a n B u re n & C o . , B A N K E R S AND B R O K E R S , 62 B R O A D W A Y , N E W Y O R K . STOCKS, - BONDS, And High-Grade IXnvestnient Sec-wHUes, f t rEC IA jj B AN K ER S, W O.V. 6L P- 440, 674,887,977 Z anesville avalla Co.. Tex............. V. 61, p. 842 EX P ER T A C C O U N TA N T, , STOCKS, BONDS AND G R A IN Circular Letter, including list of selected Bends, ____ _ Mailed Free. 18 Co., Wash....... V. 61, p. 5 3 0 Y akima armouth, Me.. -............. V. 6i, p. 628 Yeadon, P a..........VX 61, p. 7 6 4 ; V.02. p. 148 Yolo Co., Cal ....... .........V, 60, p. 8 11 Yonkers, NX Y ......— VX 60, p.702, 897; VX 61, p. 40, 1*7. 165, 214, 295,385, 53CL _ 1033,1075 York, P a ..... ........ ......... Y. 60, p. 941 Youngstown O...... V. 8-l, p. 941. 102u, V. 61, p. 127, 165, 340, 140, 722,A4| L a te A u d ito r o f N. Y . L , E . & W . R R . Co*. 53 B R O A D W A Y , NEW Y O R K . 8 5 S T A T E S T R E E T , BOSTON. BANKERS AND BROKERS, Bought and Sold at 1-16 Commission. 66 B R O A D W A Y , NEW YO RK . 8 p e cia l a tten tion g iv e n to o u t -o f-to w n a c BOSTON O F F IC E , 5 3 S T A T E S T . cou n ts. Members of the New York and Boston Stock Ex changes. Private wire between the two offices. TRANSACT A GENERAL BANKING AND Information given in regard to all Boston securities STOCK EXCHANGE BUSINESS. and quotations furnished. IN V ESTM EN T BONDS A SPECIALTY . V. 61, p. S t 5 enia, O.......... W e s l e j F a r r in g t o n , ESAUraS IN ALL KINDS Of Bo u t b a e n a s o t r a r a w s A S p u c i a l t t , M. F. B.EDMOXD. X' I fim u .c lu t , N o . 2 0 N A S S A U S T ., N E W T O R E , AUCTIONEERS. and Worth Co., Mo. ...............V’ 6 L P. 1033 Worthington,. Minn., V. 60, p. 1116 ; Y. OX p. 214 Wyoming, O..Y. *>1, p. 214 rV. 62, p 104 Wyoming Co , W, Va ......V. 60, p. 1164 ffitm u c ia l. IJ im m c ia i. STOCKS VYtlklnsburg S, D., Pa T. 61, p. 105, 252 Williams Co., O ......VX 6i, p. 107N Williamsviile, NXY.............. VX6L p. 40 Wiflimantle* Coxm^.V. W11loughby, Oj....... ........... VX 6 ' p. 7*4 Wilmerding, Pa,... . . . . . . . . V'. 62. p. 148 \Vrtlmington, Del.. — V. 60, p. 724.102/» 1073; V. 61, pi 810, 3*5 Wilson, N. C....V.01, p .800,1032,1075; VX 62, p. 1 • 4 Winchester. Mass.,..V. 60, p 980,1027 Whidbm, Minn., V. 60, p. 1073; VX 6 1, p. 40, 165 Windsor Locks, Conn....... VX«1,p. 842 WinfieM, Kan................VX 61, p. 6 7 6 Winona, Minn.........AX 61, p. 977, 1032 Winston, N. C................ Y. 62, p. 1 4 9 Wintbrop. Mass..Y. 61. p.li64;V ,62,p.o2 Winton Place, O..V. 61, p. 440, 628, 806, 944, 977 Woburn, Mass., V. 60. p. lied; Y. 61, p. 1075 Woodbury Co., Ia., V. 60. p. SOS, 897 ; V. 61, p. 82 Woonsocket, K. I .. — VX 60, p, 724, 809 Worcester, Mass„V. 60, p. ^762.^849, s'YX Jj'lLE f )Q VE R —FOR.— f ' j HitoNKJEji; f i r r r / . E v i:\TS S e t t l e m m t o f I n s o l v e n t E sta te s* J o s. O . O s g o o d , M. Am. Soc. C. E. C on su ltin g E n g in e e r 1} Reports on Investment Properties for Banker© and Investors. Examinations in regard to physical condition and. character, earnings, management, needs, value, etc,-. R a ilr o a d L o c a tio n an d C o n s tr u c tio n , 120 BROADWAY - G. S. ELLIS. G. S. - NEW YORK’ EDWIN H. ELLIS. E L L IS & S O N ,. 5 6 W A L L S T .5 N E W Y O K E , PUBLIC ACCOUNTANTS^ AND AUDITORS. (Mr. G. S. Ellis, 15 Years with the Central Trust Co of New York.) Experts Sent to any part of the United1 States and Canada. Audit and examine Accounts o f Individuals, Re ceivers. Committees, Assignees, Executors and Cor porations. Negotiate unlisted Securities, Loans, &e- Can be had a t office fo r 6 5 cen ts o r m ailed fo r SO cen ts. WILLIAM B, DANA COMPANY, 7<»hs P in e S tre e t, N ew Y o r k W ALSH & FLOYD 26 B r o a d S tr e e t, STOCK BROKERS, THE CHRONICLE. Jaseast 25, 1896.] S n o h o m i s h C o u n t y , W a s h .— T h is s t a t e m e n t r e g a r d i n g fin a n c ia l c o n d itio n th e o f S n o h o m is h C -m n tv h a s b e e n c o r r e c t e d b y m e a n s o f t h e r e p o r t o f P a 'e r L- q a e , A u d i t o r . W A «t D u e. LOAN S— FCMUSO BmSOS— H o n t i n e d e b t ........................ $ 1 1 6 ,7 7 3 T o t a l d e b t J u ly 1 , 1 8 9 3 . . 3 4 0 ,7 7 3 Cash on hand................... 13,793 rh . : aa . 3 Equalized valoatlon'sis 7,284.037 « -............$115,000-...Feb, 1,1902 ( 8 1 1 ,5 0 0 a u e y r l v i t o F e b . 1 , 1 9 1 1 D ec. 1 5 ,1 3 9 5 . T o t a l d e b t ..............................................$ 1 ,3 1 7 ,8 6 8 Population in 1890 was....... 8.514 T ea rs. P o p u la t i o n in 1 8 9 3 t e s t.) . . . 2 0 , 0 0 0 1 8 9 5 .. $ 1 7 ,0 7 0 ,4 0 0 t o D e ce r n -e r C h k osic le 1 5 , 1895, b y m e a n s fro m S ile m of a F . A . N e w e ll, C ity T h is sta tem en t has been corrected s p e c ia l report to th e T reasu rer. T h is c i t y i s in E s s e x C o u n t y . LO AN S- 1 -la, J&D, $48,000.......June 1. 1806 ($ 6 ,0 0 0 d u e y e a r ly ) t » Ju m - 1 ,1 9 0 3 M it s io W ju L o w s 1 3 9 5 — 105,049 $ 1 ,0 2 3 ,8 7 6 6 8 9 ,5 0 0 1 0 3 ,4 2 5 S ea l. 10,463.200 ’Assessed V a lu a tion , ------ — -------------- , P ersona l. A d d itio im l. $ 1 0 ,4 9 8 ,2 0 0 $ 9 ,0 0 0 11,933.500 Tax p e r $ 1 ,0 0 0 T o ta l. $ 2 7 ,5 8 3 ,6 0 0 -13,500 .......... 28.560.200 $10-80 1 8 9 3 . . 1 5 . 7 8 1 .1 0 0 1 1 , 1 2 0 .8 5 6 6 7 .9 4 0 2 6 ,9 6 9 ,7 9 6 17-SO 1 8 9 2 . . 1 5 , 3 9 3 ,3 0 0 1 1 ,0 3 4 ,5 7 0 3 0 .7 0 0 2 6 ,4 5 8 , 5 7 6 1 0 -0 0 1 8 9 1 .. 1 4 ,7 7 8 ,7 0 0 1 1 ,4 3 0 ,0 1 3 5 ,6 0 0 2 6 , 2 3 4 ,3 1 8 1 8 -0 0 1 8 9 0 .. 1 4 ,2 8 0 ,5 0 0 1 1 , 3 8 8 .6 9 0 2 0 ,7 0 0 2 6 , 1 9 8 ,8 9 0 1 7 -0 0 1 8 8 9 .. 1 3 , 9 9 9 ,6 0 0 1 2 ,0 5 6 ,9 5 1 2 ,8 0 0 2 6 , 0 5 8 ,3 5 1 1 7 -5 0 1 8 8 8 .. 1 3 ,7 7 3 .0 0 0 1 2 ,5 7 7 .7 2 .9 2 4 ,0 0 0 2 6 ,3 7 5 .3 2 8 1 6 -0 0 P O P U L A T I O N . — I n 1 8 9 0 p o p u la t i o n w a s 3 0 ,8 0 1 ; i n 1 8 8 0 i t w a s 2 7 ,5 6 3 ; In 1 8 7 0 It w a s 2 4 ,1 1 7 . P o p u l a t i o n In 1 9 9 5 ( e s t i m a t e d ) , 3 1 , 0 0 0 LOAN S— W h en D u e . M v s ir n u . L oan 1893— W h en . D u e , CA.VA.L STREET— 48, M A N , $ 3 6 ,0 0 0 ... M ay 1 .1 8 9 6 $ 6 , 0 0 0 y e a r ly ) t o M a y . 1901 Im pro vem en t l.-iiv 1892— -— —---- — 1-9 1 - H . T u rn er, M ayor. 166,711 $ 1 ,1 0 0 ,5 2 3 6 8 1 ,5 0 0 1 0 3 ,4 2 5 A S S E S S E D V A L U A T I O N . —T h e c i t y ’s a s s e s s e d v a l u a t i o n a n d t a x ra te h a v e b e e n as fo llo w s : S t a t e & C o . t a x ( p e r 1 , 0 0 0 ) .$ 1 9 0 0 M a s * .— J a m e s J a »t. 1 . 1 8 9 5 . J e m . 1 , 1 8 9 4 . $ 1 ,2 6 7 , 2 3 4 $ 1 ,1 2 8 ,9 2 5 N e t d e b t ........................................ $ 1 , 0 8 8 ,4 2 9 W a t e r d e b t ( in c lu d e d a . . o v e ) - - . 6 9 9 ,5 0 0 T r u s t fu n d s ( in c lu d e d a b o v e ) . . . 1 0 3 ,4 2 5 Bonded debfJuly V S S .V d ^ d b O S a le m , 229,139 Sinking funds and cash............. 0 * ._____$35.00(1 ... .Mar. 1. 1914 KOAD aSO BRIDGE Bosr.— regarding the financial condition of 203 San Cal.— P a u l P . A u s t i n , M a y o r . T h e f o l l o w i n g statement h a s b e e n corrected t o date b y m e a n s o f a r e p o r t to t h e C h b o n i c l e f r o m J . W . C o o k , C i t y C l e r k . Jose, fin a n c ia l s p e c ia l 4*. FA *. 863,000 .... Aug. 1. 1896 i » , AAO. $51,000...... Apr. 1.1890 {# .0 0 0 due yearly) to A me. 1.1902 1a. MAs, 0,000 . .Sept. 1,1890 Pi ntle UmtucY— Improve vest Loan 1898— 4s, A AO. $40,000.......Oct. 1, l s»6 0-. AAO. 825.000.......Apr. 1. 1908 Sewkr Loa*»— ( 8 5 ,0 0 0 d u e y e a r l y ) t o O c t . 1 . 1 9 0 3 4s, .U-O, $50.000...... Apr. 1. 1«9« i M I l f t V ! « ) -.) I.O A S S 1 8 9 1 — 4a, M.V8. 8'l.OtiO...... Mur. 1 ,1800 { # , 0 0 0 t m y e a r l y t o ) A p r . 1 , 1 9 2 0 Water Bonds— •89.000 due yearly) to Mar. 1,1904 4-. M.v<, $12,000 .. Mar. 1 ,1396 6*. AA<). 873,000....Apr. 1,1808 (83,000 doe yearly) to Mar. 1.1799 .3-. J A .i , 3 9 8 ,5 0 0 -------J u ly 1 , 1 9 0 4 LO AN SW h en D u e. I LOAN S— W h en D u e, B r i d g e BO N O*— I P a r k B on d s— # » . . J a n ., $ $ , 2 5 0 , g . . . . $ 7 ! W y e a r l y 5 k ...T a n .. 3 2 7 .5 0 0 . g . $ 2 , 5 0 0 y e a r l y C ir v H a l i. B o n o s— 1 S k w b r Bon d s— 5 ( t „ J a n ., $ 8 2 ,5 0 0 , e . .',5 0 0 y e a r l y fig ., J a n .,$ 1 5 6 ,7 5 0 , g . 1 4 ,2 5 0 y e a r l y iM P gO Y E M E V f L o IK 1 8 9 5 — 1 » , J A D , 2 0 0 .0 0 0 ....J n o t 1 ,1 8 9 6 ( y e a r ly ) to J u n e 1 .1 9 2 0 3 4 * . A A O , * 2 5 . 0 0 0 .......A p r . 1 , 1 8 9 0 U . F A A . $ 2 0 ,0 0 0 . . . . F e b . ,1 8 9 6 t $ 2 2 > 0 0 d o e y e a r ly ) t o A p r . 1 , 1 9 0 5 ; 1 8 2 ,0 0 0 d u e e a r l y ) t o F e b . ! , 1908 M l'N lC tP A L L o a n 1 8 9 2 — T O T A L D E B T <m D e e . 1 1 , . w a s $ 2 7 5 ,0 0 0 . n o s i n k i n g f u n d a n d n o f lo a t i n g d e b t . 88.000 4s. JAIt, 866,000....... rune 1. 1890 ($3,000 duse yearly) to June 1,1917 • 1 5 P A R V A L U E O F B O N D S . — T h e b o n d s a r e m o s t l y In 8 1 ,0 0 0 p t e e a « . I N T E R E S T i* p a y a b le a t t h e M e r c h a n t s ' N a t io n a l B a n k , B o u to n , M ass. T O T A L D E B T . S I N K I N G F U N D S , E t c - T i m s u b jo in e d s t a t e m e n t s t u n r - S a le m ’ s t o t a l m u n ic ip a l d u o , t h e .i n k i n g f u n d h o ld b y th e o i t y a g a in s t t h e s a m e , a tn l th e w a f e r d e b t , o n e a c h o f t h e d a t e s n a m e d . MISCELLANEOUS. 1 SECURE u n tv . I N T E R E S T l " p a y a b le a t th e o f f i c e o f t h e C i t y T r e a s u r e r a n d b o t h ’ n t c r e s t a n d p r i n c ip a l a r e p a y a b le in g o l d . 1805 The c it y h aa A S S E S S E D V A L U A T I O N o f r e a l e s t a t e f o r 1 8 9 5 w a s $ 1 6 ,2 6 0 ,2 8 5 l p e r s o n a l p r o p e r t y , $ 2 , 0 1 6 , 9 0 7 j t o t a l. $ 1 3 ,2 7 7 ,2 5 2 ; i n 1 8 9 0 t h e a s H e w e d v a l u a t i o n o f r e a l e s t a t e w a s $ 1 4 ,5 9 2 ,3 0 9 ; o f p e r s o n a l p r o p e r t y , $ 2 ,2 9 2 ,4 3 0 : t o t a l $ 1 6 ,8 7 4 ,7 9 9 . T h e t o t a l t a x r a t e ( p e r $ 1 ,0 0 0 ) i n l 8 9 5 w a s $ 2 6 ’0 0 , y P r o p e r t y 1* a s s e s s e d a t a b o u t t j it* a c t u a l v a lu e . P O P U L A T I O N in 1 8 9 0 w a s 1 8 , 0 6 0 ) in 1 8 8 0 W as 1 2 ,5 6 7 . In 1 8 9 5 th e p o p u la t i o n w it h i n t h e c i t y lim it s w a s e s t im a t e d a t 2 5 .0 0 0 . MISCELLANEOUS. J. Spencer T u rn e r, J T t is c i t y is i n S a n t a C l a r a C BANK VAULTS. MISCELLANEOUS. PRICK RftDVCRD PROM AS TO $H. w 8C CCH SSO R TO B rin c k e rb o U ', T u r n e r A C o ., L itte ll’ s H A X C F A C T C R B B A N D D E A L E R I ff C O T T O N SAIL DUCK axt> all srsi.s o r cotton canvas r m m s a dock , C A R C O V E R IN G B A G O IN G . R A V E N S D E C K , S A I L T W IN E , AC. P O P E “ A W N IN G *' S T R IP E S . A n rv T UNITED STATEN BCNTISO CO. A fu ll *upply. *n W idth* an d C o lo n . aiwav- ’■ S60C*. A ge Foreign Periodical Literature. (GENUINE W ELDED CHROME S TEEL AN D IR 0> „ THS W o r ld 's G n n i e t t TOR SAFES, VAULTS. *C, CHltOJlE NTKKI. W ORKS, K ent A r e ., R e a p * H o o p e r 84*.. Sola Man-fer* to t h e V . S. BltOOKLTN, if, V . In te lle c ts Contribute to make thi* periodical R ou n d and Fiat Bar* and S-ptv P late* an d Angle*. C » m w t he Hawed. C a t o r D rilled, aail (m aturely B o n d a r -P r o o f. 109 Duane Street, New VorV INDISPENSABLE to every reader o f InteMlgoaes and literary taate. TOo thooKbtrul Hauler will Hod tn T h e J L iv in g - A g e E-rod to Nourish, 8ttamlat« am) Umpire Thought. ’•Exhaiurtlve Review* of meant publication*, the Meat raatilt* of Mgntffio Iteacareh, N e r a p t M sketch#* or eminent chaiwtMN.Trsvel. E»id<-retwu(, U Unu7 Criticism and every phaae of Culture and Pro,-re.. In Ituropo, Fiction t,nd Choice Poetry nil ttuwe make up the Living Age."—L’ivnIiiB riuluUn, T H E l f O S I .E R S A F E C O . O p e ra tin g Hie H o s ie r A: C o r lln Kafe Factories Sole o w n e r* o f W osler Ac Corliss Patents. 305 B r o a d w a y C o r. D u n n e St., S e w Y o rk . L iv in g A W KB ILLY M U1AZ1NK OF N o w R e a d y . of Wm money, yet whiefi zto t»r* of time m b hm m am M erery one who dosMrw to b« well tnformod ooncemtnn All the great qumtlffim m the clay. S «tb«criprion K K 0 l € E D fr o m # 8 to 1 6 . Stihacrfbc Sow for 1«Wami Receive Free the taU*rvenloir weekly Issues of 1808, A N D R E W S O F F IC E H A N ANDREWS MANl’ FACTPHINB CO. Bins* and OfBce Fittings. Fine Bm»* Work. Special denteiw OB application. L I T T E L L A CO., P . D - B O O K DESKS. Y o r k C ity. Bos 5200, B o s to n . OF T h e M u t u a l B e n e fit R a ilr o a d S e c u r itie s . *Ett> re it catalog rx. 76 F ifth A v e ., N e w 0, domed *eml-Anna*lty by tna Publither* of th< COMJJBBCIAL A FlJCASrtAt. CH.BOS1CI a.) LIFE INSURANCE CO.. NEWARK, N. J. AMZ1 DODD, Prealdent, Aweu (Market Value*) Jan. 1.18H6....... 45S.W4.Mg Liability* <M. V. and Ma*«. Standard),... 51,81g,8SS 3urpIu»; Vr former ii.' V.’standard, (Am, FOR SALE. DESCRIPTION, INCOME. ’erred,a PRICKS. D I V I D E N D !* , CHRONICLE VOLUM ES. ’__' Ki. per cent Iteaerve)..................., ■. 0,728.887 PQLICUa AUSOLt7TII.V NOS-rOHrglTABLX A»T*B 8000NB YXA K. rsvoBCg FOR A SERIES OF VEAR8. After the second year Poilde* are tHOOUTMTABt.g. and all ratrld ta m <u to reM m et, travel or tn the Policy to Loan up to tho Ca«h Surrender Value when a satisfactory aaslgnmootof the Policy la made aacollateral security. lA tm m paid immediately upon completion and approval o f proofs. A second-hand n t from 1860 to date In good erla APPLY TO Price in Red I.anther Cover*. To Subscriber* of the Chronicle. 81 00 73 W ILLIAM tt. DA PA COMPACT, W ILL IA M 7HH PINK STREET, DEVS' (IRK. B. DANA COMPANT, 7043 P i n e S t r e e t , HEW FORK. A . S trassbu rger, STOCKS & BONOS B R O K E R * bOtmiKRN INVESTMENT 8ECORITIES, Montgomery, Ala. I'll K rmiONLOLE. jE r u s t Union Trust Company OF N E W VOHK, United I vol i.x n . llo m p iu x te s . States Trust Co. AMERICAN LOAN -A N D — X o s. 4 5 <£• 4 7 W ALT STREET. 80 Broadway, New York, TRUST COMPANY, C A P IT A L AN D SU R PLUS, C A P IT A L , - - - - - - $ 1 ,0 0 0 ,0 0 0 B O ST O N , M A *S. ELEVEN MILLION D O L L A R S . TOUPUN, - - - - - $ 4 ,7 0 0 ,0 0 0 This Company Is a lesral depository for moneys C A P I T A L , $ 1 ,0 0 0 ,0 0 0 Authorised to net aa Execnxlor, Administrator aid into Court, and is authorized to act as guardian, S U R P L U S , Guardian. Receiver or TOmatoe, and us . . . 5 0 0 ,0 0 0 A LEGAL DEPOSITORY FOR MOM’A nist.ee or executor, A legal depository of moneys paid into Court and Acts «» Trustee of mortgage* of corporations and IN T E R E S T A L L O W E D ON D E P O S IT S for Administrators, Executors, Guardians ana accepts the tram*for agency ami registry of stocks Allows interest on depoafta, which may he made at width may be made at any time ana withdrawn Trustees. any time, ami withdrawn on live days notice, wtn after five davs’ notice, and will be entitled to inter INTEREST ALLOWED ON DEPOSITS. Interest for the whole time they remain with the est fur the whole time they may remain with the Trustees under Mortgages, Transfer Agents and <XS?»rtttZe convenience of depositors this company ' ir'k'cutr.rs Administrators, or Trustees ox Estates, Registrars of Stock. idso opens current accounts, subject. In accordance Religious and Benevolent Institutions, and individ BOARD OF DIRECTORS. Srtth its roles to check at sight, and allows fo r e s t uals, will And this Company a convenient depository sptm the result lug dally balances. Such checks pass for money, Chas, Ifrancis Adams, 2d. S, E. Peabody, tiarough the Clearing House. „ w, , n Oliver Ames, Francis Peabody, A. STEWART, President, Attends specially to the MANAGEMENT Ol< JOHN Edwin F. Atkins, Albert A. Pope, GEORGE BLISS, Vice-President. r e a l ESTATE and to the collection and remit Isaac T. Burr, Alexander H. Rice, JAMES 8. CLARK. 2d \ lce-Preslfient, tance of rents. , . Sarauel Carr, N, W .Rice, HENRY L. T H O B N m .lt Secretary, It makes ample provision in its _ . TTT„,Q F, Gordon Dexter, R. E. Robbins, LOUIS G. HAMPTON, Assist. Sec’y. NEW BUBOLAR ANTI FIRE PKOOi J A C U S David P. Kimball W .B . Thomas, TRUSTEES. for the safe keoplnK of securities placed in its cus Henry D. Hyde, tody, on which it collects and remits income. Samuel Sloan, Edward Cooper. Frank Lyman, S. ENDICOTT PEABODY, President. D. Willis James, w . B’yd Cutting, Geo. J . victor. TRUSTEES. N. W . JORDAN, Actuary. John A. Stewart, Chas. 8. Smith, W . Wald. Astor, Wm. Whitewriulit H. Van Rennsl’r Kennedy j . n . Rhoades, W . Rockefeller, James Stillman, E. A. COFFIN, Treasurer K. T. Wilson. James H. Ogilvie Anson P. Stokes, Alex, K. Orr, John UafUn, Wm. F. Bussell. James T. Woodward, George Bliss, W. H.MacyiJr, John J. Phelps, a I). Wood C. Vanderbilt-. William Libbev, Wm. D. Sloa> e, Daniel Lord. Wm. Alex. Duer. G-.« - Williams, John C. Brown. G. H. Schwab. Charles H, Lelsnct, tt. G. Rcmsen, Edward King. Atoasa J. Parker E. B. Wesley, Samuel F. Barger, » . H. MoAlPin. Robert Goelet, T he State T rust o George B. Carlmrt, W. Ernlen Roosevelt, Augustus Lowell, Chauncy >1- Depew. R O S T O V , M ASS. 36 WALL STREET. EXECUTIVE COMMITTEE CAPITAL, . . . $1,000,000 Wm. WhitcwrtKht, B. B. Wesley, C a p i t a l a n d S u r p l u s , $ 1 ,8 0 0 ,0 0 0 Wm. A . Dner. C. D. Wood SURPLUS, . . . 750,000 G. G. Williams, James T. Woodward, A cts as T ru stee, R e g is tr a r , T r a n s fe r and Bobert Goelet, W . Ernlen Roosevelt, T ra n sa c ts a G e n e ra l B a n k in g B u s in e s s . F iscal Agent o f C o rp oratio n s, and a s E xec utor, A d m in istrato r, T ru s te e , G u ard ia n EDWARD KING, President. and Comm ittee o f E sta tes. T a k e s full ALLOWS INTEREST ON DAILY BALANCES SUBJECT CORN ELIUS D. WOOD, > „ . TO CHECK. JAMES H. 0GILV1E, JVice Presidents. charge o f R eal and P ersonal E s ta te s . In terest allow ed on D ep osits. AUGUSTUS W. KEI/IjEY, 1 TRUSTEE UNDER MORTGAGES. TRANSFER AGENT J. V. B Til AYER, secretary. B. R. MERRITT, Assistant Secretary. REGISTRAR. FRANCIS S. BANGS, President. C. C. RAWLINGS. Trust Officer. W. L, TRENHOLM, t v ;P r e s id e n t s BOARD OF DIRECTORS. WM. A. NASH, « ' 1Ce P lesiaenLSJOHN Q. ADAMS. Secretary. T. Jefferson Coolidge, Jr., P resident. MAURICE S. DECKER, Treasurer. Oliver Ames, 2d, C. W . Amory^ , TRUSTEES. Martin Brimmer, T. Jefferson Coolidge, Willis 3. Paine, J. D. Probst, Chas. E. Cotting, George F. Fabyan Henry H. Cook, Henry Steers,. C O R N E R S O U T H A N D G E R M A N S T S ., George P. Gardner, Francis L. Higginson, Charles R. FIint, George W . Quintard, Henry S. Howe, Walter Hunnewell, W. L. Trenholm, Forrest H. Parker* BALTIMORE. B. P. Cheney, George v. L. Meyer, William B. Kendall, Charles Scribner, Laurence Minot, Richard Olney, Walter S. Johnston, Charles L. Tiffany, C A P I T A L , S I , 0 0 0 ,0 0 0 . Henry R. Reed, Nathaniel Thayer, Joseph N. Halloek. George W . White, Stephen M. Weld, Henry C. Weston. LEGAL DEPOSITORY FOR COURT AND Percival Knauth, John Q. Adams, TRUST FUNDS. T. JEFFERSON Coolidge , Jr ,, P residen t. Edwin A. McAlpin, Francis S. Bangs, G eo. P. Gar d n e r , Gordon A bbott , V ice-Preset. Andrew Mills, Francis Lynde Stetson, “ Acts as Financial Agent for States, Cities Towns, C. S. T uckerm an , V ice-P res’ t and Treas. William A. Nash, Thomas A. McIntyre. Railroads and other Corporations. Transacts a gen E. A. P h ippen , Secretary and A ss’ t Treas. Geo. Foster Peabody, Edward E. Poor. eral trust business. Lends money on approved se Joseph G. Stearns , A ss’ t Secretary. curity. Allows interest on special deposits. Acts as Trustee under Mortgages, Assignments and Deeds of Trust, as Agent for the Transfer or Regis tration of Stocks ana Bonds, and for the payment of coupons, interest and dividends. J. WLLLCOX BROWN, President. LLOYD L. JACKSON, Vice-President J. BERNARD SCOTT, Secy. & Treas. C . OLD COLONY TRUST COMPANY. [Maryland Trust Co , CONTINENTAL New York Security & TRUST COMPANY, Trust Company, 18 WALL STREET, N. Y. D IR E C T O R S ■ C A P I T A L .................................... $ 5 0 0 ,0 0 0 W m. A. Marburg, Frank Brown, Alexander Brown, S U R P L U S ............... .................. 3 0 0 ,0 0 0 K . J. Bowdoin, Leopold Strou.se, T. K. Worthington, Basil B. Gordon Henry Walters W. B. Brooks, Jr., OTTO T. BANNARD........... ............. ......... President Lloyd L. Jackson, H. A. Parr, Clayton O.Hall, J. ‘ Will- WILLIAM ALEXANDER SMITH.. .1st Vice Pres •COx Brown, B. N. Baker, Freckle W . Wood. Fred. M. Colston, Andrew D. Jones, W. FL Baldwin, Jr.. GORDON MACDONALD. ..2d Vice-Pres’t and See’y Joshua Levering, James Bond and Douglas H. Gor HENRY E. DABOLL........ ........ Assistant Secretary don, of Baltimore^ J. D. Baker, of Frederick, Md., Designated by the Sup rem e C ou rt as a and John B, Garrett, of Philadelphia. D epositary fo r C ourt M on eys. In terest allow ed on D e p o sits. E xe cu te s a ll T ru sts. TRUSTEES. William Jay, Otto T. Bannard, N.W Cor. Fourth and Locust Sts., Alfred M. Hoyt-, Robert W . DeForest, James C. Parrish, Giraud Foster, S T . L rO U IS, M O . Robert S. Holt, Gordon Macdonald, Henry M. Taber, Gordon Norrie, Oliver Harrimab, Jr., A. Lanfear Norrie, Capital and Surplus $ 3 ,0 0 0 ,0 0 0 00 Wm, Alexander Smith, William F, Cochran, Robert Olyphant, Walter Jennings, John G.'Haveraeyer, William A, Hazard, DIRECTORS t W . Seward Webb, Frank H. Platt. Trend* L. Park, John T. Davis, Alvah Mansur, Daniel Catltn, L. M. Ramsey, Samuel W. Fordyee, Jno. A. Scudder, Adolphus Busch, Edward C. Simmons, Henry C. Haarstlek. Edwin O. Stannard, Wm. L. Huse, J. C. Van Blarcom, SECURITY Chas. D. McLure, Edwards Whitaker, THOS. H. WEST, President, JOHN D. FILLET. Secretary, A, a STEWART, Counsel. BALTIMORE. D oe* a G eneral Trust: Com pany B u siness. General Banking and Trust Business. Becomes Trustee under Mortgages or Deeds of Trust, Finan cial or Transfer Agent for States, Cities or Corpora tions, etc., etc. ' Pays interest on Deposits. EDWARD STABLER, JR., President. WM. M. BYRN. Secretary and Treasurer. DANIEL M'LLER, JON. K . TAYLOR, Vice-P es’ts Executive Commi tee: Wm. H. Bosley (John S. 331 and 333 Hennepin Avenue. Gittings & Co.), Chairman, George B. Baker, Henry C. Matthews, John L, Blake, Francis A- White, Matt 0. Fenton, Lewis A. Gusdord. C a p it a l, $ 5 0 0 ,0 0 0 Fund w i t h S ta t e A u d i t o r , 100,000 ST. LOUIS TRUST CO.. GUARDIAN Trust & Deposit Company, Minneapolis Trust Co. W Hlie no deposit.; receives money on trust account only. Burglar proof vaults. Wills kept safely with out- charge. Acts as oxeentor, trustee and guardian executes trusts of every description. Metropolitan Trust Co. Of the City of New York. 3 7 and 3 9 W a l l S tre e t, N ew Y o r k . Paid-up c a p i t a ! . . , , . . . . . . . . . . . ...... .S i , 0 0 0 ,0 0 0 Su rp lu s..................... . .......... . 1 ,0 0 0 ,0 0 0 Designated as a legal depositary by order of DIRECTORS Supreme Court. Receive deposits of money-era in USamnel Hill, President: Wm. H. Dimwoody, First terest, act as fiscal or transfer agent, or trustee for Vice-President; H, F, Brown. Second Viee-Presi corporations, and accept and execute any legai trusts dent; Daniel Bassett. Third Vice President; Clarkson from persons or corporations, on as favorable terms Luidlev, Secretary and Treasurer: Isaac Atwater, as other similar companies. O W. Cannon, James J. Hill. Anthony Kelly. A. F. Thomas Hillhouse, Pres. Fred’k D. Tappen, V.-Pres. Selley, W . G. Northup, K. C. Cooke. Charles A. <. M. Jesup, 2d V.-Pres. Beverly Chew, Secretary' Pillsbhfy A. H. Unto**. am! P. B. Wins!on. Georsre D. Eoanev. Assistant Secretary. 46 WALL STREET, NEW YORK C a p ita l, $ 1 ,0 0 0 ,0 0 0 ! S u rp lu s, f t , 0 0 0 ,0 0 0 CHARLES S. FAIRCHILD, President. WM. L. STRONG, 1st Yice-Pres. JOHN L. LAMSON, 2d Viee-Pre* ABRAM M. HYATT, Secretary. ZELAH VAN LOAN, Asst. Secretary. Authorized to act as executor, trustee, administra tor, guardian, agent and receiver. Receives deposits subject, to sight drafts, allowing Interest. A legal depository for court and trust funds A designated depository for the reserve of State banks. Accounts of banks and bankers solicited. TRUSTEES. James A. Blair. Edward Uhl, C. S. Fairchild, W . H. Appleton. M. C. D. Borden,J. G. McCullough, Wm. L. Strong, B, Aymar Sands, H . Hoagland, J. W . Sterling, W. F. Buckley, James J. Hill, H, Walter Webb E. N. Gibbs, S. G. Nelson, John A. McCall. Wm. A. Booth, F. R Coudert, James Stillman, Mississippi Valley Trust Company, 303 N. 4th Street, St. Louis, Mo C a p ita l an d S u r p lu s ...... .............. $ 3 ,0 0 0 , 0 0 0 UNDER STATE SUPERVISION. $ 2 0 0 ,0 0 0 deposited w ith S ta le officer to p rotect tru st lia b ilitie s . A GENERAL TRUST COMPANY BUSINESS Allows interest on Deposits. Authorized to act as Executor, Gnardie .4, Receiver Trustee, &c. Manages Estates. Collects Rents. Becomes Surety on all kinds of Court Bonds. Has Safety Deposit Vaults; A Savings Department • INVESTMENT SECURITIES A SPECIALTY DIRECTORS. Charles Clark, Geo. H. Goddard Thos, T. Turner, James Campbell. Wm, F. Nolker, J.T.Drummond,August Gehner, T. O’Reilly, M.D., S, E. Hoffman, Julius S. Walsh, Sam. M.Kennard, D, W . Caruth, Williamson Bacon Aug. B. Ewing, Thos. E. Tutt, Breckenr’ge Jones Elmer B. Adams, David R. Francis.HenryHitchcock OFFICERS, JULIUS S. WALSH, President. Da v id R. Fran cis , 1st Vice-President. Breckinridge Jones , 2d Vice-PresT Dk L a c y Chandler , Secretary.