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xtmth HUNT'S MERCHANTS' MAGA2INB, tlEPRESBNTINO THE INDUSTRIAL VOL. NEW 36. AND COMMERCIAL rNTERB3T3 OP THE QNITBD STATES , YORK, JANUARY Financial. Financial. AMERICAN 149 BROADWAY, NEW YORK. Br»iN«ss ForvDKD 1795. InctrroToUd uiuUr Laws oj State al .Yew York, 18B8. Ueouoanizcd \«f». Enoraters and printkks of 80.VDS. POSTAGE AND RE VEXVE STAMPS, LBOAL TENDER <t NATIONAL BANK NOTES lite VNllBD STATES and for mimy Fartltii OoverrwMntt, KXORAVING AND PKINTINO or BANK NOTES. STATE AND RAILROAD m>NDS, SHARE CERTIFICATES. BILLS 01 SXCaANQE. DRAFTS, CHECKS. STA^CPS, 4c Itf TUB FINEST AND MOST ARTISTW STTLS FROM STEEI, PLATE* With Work EXCI.i;SIVEL.Y. L. S. W. H. Taylor & Co., and Chestnut PHII.ADEI.PHIA. Sts., Railtraj Tickets of ImproTcd Styles, Stocks, Bonds. Ice, bouuht and sold on commission in Phil:ulelphla and other cities. Particular attention given to information reRurding all Kindl Private wire to Jos. W. Drexel, Vice- Prest., T. H. Porter, P. ^^ Lounabury. Wm. Main Siulllle, Vice-Prest., Chris. Meyer, J.T. Hu>>erts<>n, Vice-PresiUent, A. V. Stout. t^. U. Danforth, G. H. Stayner, Treasurer, A, 6. G'Ki-lall, President, James Macilonoutfh. A, O. Sheyara, Vloc-President, TLeo. if. Kreeland. Secretary. Paid-Up Capital, -"^^,000,000 Francs. BOARD OF DIRECTORS ClLix Ortsar, President. ALrusi) MAgri.VAYllirairjt Maqulnay). Vloe-Pra* Von deu HECK«(Von der Beolte & Otto gl'xtiuu (CornelUe-Davld). KUILK ME UUTTAL. J. B. Marally). 31 A Uddt, WOOD BOSTON, ....... ....... $400,000 400,000 Accounts of Banks and Bankers solicited. Collections marie upon favorable terms. Government Bonds bought and sold. Aug. T. Post, Banker, 35 NA»iSAI7 STREET, HUTS AND 8KL1.8 State, City and Countjr Socuritle*. couRSSPOxnENrB soi,irTTi-n. STOCK BROKER. Lansdale Boardman, NEW YORK, BKOADWAV U DAVIS. A. & Foote, WALL LANEOUS SECURITIES. Walstojj H. Browm. HERBiiRT WaU Street. Day Colbron, to. & Field, New Street, 130 La Malle Street, CHICAGO. Stocks and bonds bought and sold for ca.h }n margin. or Interest allowed on deposits, subject to check at sight. B. C. HUMBERT, Member N. Y. Stock Exch. E. C. JOBX J. C. Ul-StBIBI, Humbert & Son, BANKERS AND BROKERS, Nos. 37 ie 30 QUXEX BVlLDlsa, W^ALL STREET, NEW YORK Wm. P. Humbert & Co., BANKERS AND BROKERS, No. 7 Nassau Street, Neiv York. STREET, No. 12 BUY ANB SEU. OOTKRNMENT BONDS. STOCKS AND.MISCBL- BANKBBS, frbd. a. P. Wm. P. Bumbrkt. Bdwabd Member N.Y. Siock K.xch'ffe. Member N.Y. Produce Excn'jco. S. Bcnedioi. Car Trust Bonds. WH MAKE A Bii<>irM. Brows, ' , Walston H. Brown & Bros BANKERS, No. 20 Nassau Street, Nenr York. SPECIAL ATTENTION OIVKN TO THE NXOO> TIATION OF SPECIALTY OF TIIRSB VCHt SAFE SKCURITIKS. AND BUY AND SELL 3AUB AT MAKKET PRICK. WE OFFKK A L1.M1TBD AMOUNT OF DBSIR" ABLB CAB TRtTST ISSUES, ADDITIONALLY SKCliRBD BY THK niHKCT OBLIGATION OT TaiRAILROAD E QUIP .WKXT CUMfANY. POST, IWAIiri\ 34 dc CO., PINK STREET. RAILROAD SBCVRITUBS. Miller, Francis & Co., BANKERS AND BROKERS, NEW 80 ft B ST., Opposite Stock h:xctianKe. N. Y., * 16 UAI.L BUILDING. Private Wire to Troy. Btoarltlw ourrled on marKin. Interest pw4 on baUncM TB.OY, Hatch Caabler. Maverick National Bank, CAPITA.I., SCUPLII!*, NEW YORK, Rxecute orders in all securities listed at the New York Stock KzchtmKe. For Sale, FIRJ3T-CI.AS.S ItAIJ.KUAH " IHT .VloKTOAOK BtiNUH. GBORGB C. WOOD. C. H. UUBSTIS. L. M.8WAN GENERAL BANKING BUSINESS. J. J. ST., Co., StTCCKSSORS TO Fh. DIIANIS (Micblei* Loos). Job. Dan FtmuMA.v.N, Jr. (Joh. Dau. Fuhrmum.) Lof.8 WcliKlKKd. Weber A tie.) jV).iii l^Auric.NsruA tea (C. Schmld A Cle.) P. PoTTitK. Prest. PINE & BANKERS AND BROKERS, AD. FRANK (Frank. Mfidel A. Cle.) Auo. -NorrcBtniM (Nuttebohm Freres). ABA STREET. L. C. WASHBtTRK, N. Y. Stock Exchange. Wood, Huestis Interest allowed on deposits. inrestments carefullr att«ade4 NEW YORK. Transact a general Banking Business, Including the Purchase and Sale of all Securities dealt la at the New York Stock Exchange. interest allowed on deposits subject to sight draft, Member 45 securities. No. 17 BANK BUILDINO, C. B. CAI.DWEI,!., CUAa. J. TOWN8ISND, tio, BANKERS AND BROKERS. TOWNSEND, BROADWAY AND WALL ANTWERP. GwynnQ & Day, &. BANKERS AND BROKERS, ITNITED Anversoise, TRAXSACTS Investment Securities. New Vork, BiUtimore and other places CALDW^ELK, ^VASHBVRN Banque Centrale A. Pullman. Solicits deposits from banki, on which libeml Interest will bo paid on daily balunoos. Makei collections, transacts a general bLintelns buslnes-t. .Makes call or time loans on Oil Oertiaoiito*. I'rodu.'e Ke^eipts, Bill! of Lading and other marketable securities. Transact a Keneral baDJcinir and brokeraKe baitD6I8 iQ Hailwtty dtiaresand Bondi and QoTernmen BANKERS. Cor. Tbiril J. J. VANDEROBIrr, S. (i. IIAY.VE, W. rEstabUshed 1854.) Deposits received subject to check nt sttiht, and Intere.'it allowed on dally balances. and TickeU of TKUSTBKS: Jos. Sekp, W. A. Rosa, L. H. S.M1TU, aOLBORN VIADUCT. I.ONDO.V, 33 9500,000. A. PULLMAiV .. ,Pro<ident. G. BA VNE Vlce-Preiident. S.G.NELSON Cashier. 8. Members N. 7. and Philadelphia Stock Exchanges. Sxecntetl in Flreprooi Bnlldincs. tcUhout Colors, York. DI RECTORS: ^^ Charles Wseelbu, d. o'Dat, n. Mbules, St., RAILWAY PKINTINO A SPECIALTY WUhor New W. Co., Diamonds, Flue Rubles, Sapphires, and otlier Precious Stones, ^Alterations, dpccmt papers manufactured exclu> trely for use of the Company. Safety Papers. CAPITAL & 182 Broadira^, Cor. John IMPORTERS OF special siifenuHrds to prevent CounterfeiUng Safety Tints. Seaboard Bank, Organized under the State lAWs of 'Welles Rulldlns, 18 Broadwajr, N. K. Alfred H. Smith •/ 918. Financial. DIAMONDS. Note Company, Bank NO. 27, 1883. SS WALL HTKKET, NEW YORK. CHAsJk. UiixiB, JAs. Francis. BDWiNj.OAirKa J. P. WIXTRIXOIIAW. GAS. INSURANCE. BANK STOCKS.&C. AUimoN SALCa. 36 PINE UTREET, N. Y. gccDRiriES boctout at tub See advertlaemeat to the Journal of U>miMrM> IHii <JHKOx^l(JLK ^''or-oign & Morgan Drexel, Foreign ExcbBUge. Excbange. & Drexel Nos. 19 and their correspondents, BOMESTIO AND FOREION BANKERS. Commercial Credits and Transfers of Money on California, Europe and Havana. jr. nOHGAN S. OLD BROAD STREET. LONDON. Brown & Brothers Co., New Street, niUle BnUdlns, New York. of the New Tork Stock Exchange. Members Checks and Cable Transfers on JAMBS T. CO., Geneva, Switzerland. ; mmlssion, at the Stock Exchange or elsewhere. Sterling Exchange and Cable Transfers bought J. BLLL8 ON Francs, in Martinique and Guadalonpe. OF mONEY & Cor. Wall and Nassau New Sts., Tork. FOREION JBAMkERS. & & Wilson 29 BEAVER Co., ST.. Foreign Ban kers. Co., BOSTON, MASS., abroad on all points in the United States and Canada, and of Drafts drawn in the United States on Foreixn Countries. & BATES A NEW TORK. or Exchange and Letter* OC Credit on Mexico. THE UNION BANK OF LONDOtN. Kidder, Peabody BBTWEBN THIS AND OTHER COUNTRIES. MAKE COLLECTIONS OF DRAFTS drawn W. 27 and sold. BAKE TEI.EGRAPUIC TRANSFERS & York. Accounts and Agency of Banks, Corporations, and individuals received upon favorable terms. Dividends and Interest collected and remitted. Act as agents for corporations In paying coupons and dividends also aa transfer agents. Bonds, stocks and securities bought and sold on ON QRKAT BRITAIN AND IRELAND, FUANOB, GBRMANT. BELGIUM. SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND. Isaae Commercial and Travelers' Credits IS 81ERLINO, AVAILABLH IN ANT PART OF THE WORLD. And in Issued for the ase of travelers la all parts of the world. drawn on the Cnion Bank of London" Telegiaphlo transfers made to London and to various places in the Onited States, Deposits received subject to check at sight, and Interest allowed on balances. OoTemment and other bonds and investment ae curlties bouKbt and sold on commlsaici. Bills James T. Bates & Co., (ESTABLISHED BANKERS AND BROKERS, firms ST., OF EXCHANCE B1L,L.S YORK. LETTERS OF CREDIT AND CIRCULAR NOTES 1868,^ 62 W^llllam No. 69 TTAIili ST., N. Btrr AND SKLL Co., BANKERS, CO., &. & Jesup, Paton ATTORNST8 AND AQCNTS Or m«m»n 31 Naaaau .llso Depoilt« recelred subject to Draft. Securities boaslit and sold on Commission. Interest aliowed on Deposits. Foreign Exchantie. Commercial Credit*. Cable Transfers. circi>lar Letters for Truveiera, arailable in ali parts of the world. Ho. 22 BANKERS, lao Rroadwar (Equitable BnUdlnK), N E W^ Street, MESSRS. DE ROTHSCHILD PARIS. PHII.ADEL.PHIA. & Exehanj^e. Kountze Brothers, Co., iBsoe Travelers' Credits, available In all parts of the world, through the Haassmano Wo. 84 Sonth Tbird Street 81 BonleTard Furel$rn BANKERS, Drexel, Harjes & Co Co., & Co., August Belmont tVALIi STREET, COBNER OF BROAD, NEW TOKK. IxXvi (Vol. Nederlandsch Indische Handelsbank, AMSTERDAM, HOLLAND. Co., J. Established in 1883. CABLE TRANSFERS, BILLS OF EXCHAUGE 88 NASSAU STREET. Pald-Cp Capital, 12,000,000 Gnlldeta AXS ($4,800,000 Gold.) BILLS OF EXCHANGE ON COMMEBCIAI, AND TKAVELBK8' CRBDIIS. HEAD OFFICE IN AMSTERDAM. niTH, PAITNE dc SiniTH'S, J. Stuart BANKERS, LONDON; OOSRESFONDENTS : BARING BROTHERS & CO., London. PERIER FRERES Oi CO.. ParU. MENDELSSOHN dcICO.. Berlin. HANCHESTER * COUNT* BANK, "LIMITBB;" W LONDON MANCHXBTBR, PAYABLE ULSTER BANKING COMPANTT, BELFAST, IRELAND ABD OS THI KDrUBURO, AND BKANCHEBl 16 aLSO. & W.Seligman&Co., BANKERS, BROAD STREET, R«. 28 New raeeare. iBsne Letters of Credit for Trayelers, PajaMe in any part of Europe, Asia, Atrloa, Ana- traUa and America. Draw BUli of Biohange and make TeleKraphlo Ttanafera of M oney on Europe and California. & John Munroe Ro. Co., No. 8 ITaU Street, New York, 4 Poet Office Square, Boston. CHEQUES AND CABLE TRANSFERS ON RtUNROE & PARIS. CO., TIRLIHa CHEQUES AND BILLS OATS' BIBHT ON ALEXANDERS dc CO., LONDON. ClBOOIAJ NOTtS ATO CBTOITS FPU HBW YORK: vf njjAic Heath. «* CBAa. E. QcDccrr. ^- AT SIXTY TllAT»r.«K8. LONDON: « Kubskll PARISirAaio wise. t. e. Datu. William Heath & Co., (Ectabt.ibhed ISSL) John Berenberg, GoMler & Co. Hamburg. OommeroialandTravelera'CredlU. Bills of ui.>Juuiiw Exchange Cable Transfers. JOHN York. KENKEDT. S. J. S. BROADWAY, NEW YORK. lUinben of New Tork Stock EzohanKe. POBBION EXCHAN QB. C ABLE TRANSFERS. J. „. Kennedy .i^„^, Kennedt Tod & Co, WILLIAM STREET DOMESTIC AND F0REI(5N BANKEES, DRAW BILLS ON LONDON. No. 63 BUY BILLS OF EXCHANGE. ACT AS AGKNTS FOR BANKS, BANKERS "-"" " AND RAILROAD COMPANIES. „ Issue CommOTclal , Drafts. LONDON COItRESPONDENTS: Messrs MELTiLi^ EVANS A coj MeHn. ^ c. "*""«•• Hambbo a Soar J. H. j •> RichanKe and tmnann*' > B. E. WALKEB, JOINT AGENTS Canadian Bank of Commerce, 1« EXCHANGE PLACE, BDT AND SELLSTmtLINGEXCHANGE, CABLE ISSPE^COMMERCUX CBEmTS^ AVAII,aBLE THE No. 19 Rne Anglo-Californian Bank (LIMITBD). N. B'k! ™«« ^i & Co., Scribe, Parte. OrtanioUolted for London and American markafji 1885.) London, England. St., PAID-UP CAPITAL. £1 200 000 UNDIVIDED PROFITS (including Guarantee and Reserve i'unds) i453,n4. Letters of Credit and Drafts issued on the 101 branches of the Bank in the Colonies of Queensland, New south Wales, Victoria, South Australia. TaemS: nia, and New Zealand Bills negotiated or sent for Collection. Telegraphic transfers made. Deposits received in London at Interest for flxed periods on terms which may be ascertained at the olBce PRIDBAUX SBLBY. Hong Kong & Secr etary. Shanghai. BANKING CORPORATION. Transact a general banking mercialcrediUand Bill, of KONO. The Corporation grant Drafts, issue Letters of; Oredit for use of Travelers, and negotiate or oolleot Bills payable at Bombay, Calcutta, Singapore, Saigm '""" M.'ifio' Itnmr L^nnoi. ..v_ a ;_ V*. ManiraT lift Hoyg "Ko^i"' F^ihow; "'a^St.'^I, Shanghai, Hankow, okohama, Hlogo, San Frano A. M. TOWNSEND Adolph Arent, . $6,000,000. llrooiooo. business. lune Com - Exchange, avalb^eTn :""" Collectlons^and 0*^,1^0° Bond?'«,°'i'"' Bonds, Stock, etc., executed upon the most favor, able terms. FBED'K F. LOW P.N.LILU«i^^^|SSIIif^^ JManamn 47 William Boissevain BANKERS AND 8ti & Co.. COMMISSION merchants;. AMSTERDAM, HOLLAND N. T. Correspondents— Messrs. Capital, . S^r.EreS^»£.''i5^ •Sar'atmSS Anthortxed Paid np and Reeerve, William Heath Australasia, (INCORPORATED No. 4 Threadneedle CO and London. GOADBY & & Bllla of Bank of nnv AND SELL LNVK8TMENT Stli;S^'?!^a:^:;;:";;;-:;;;;;."";"»l5gSSa; BUT SECURITIES, HEAD OFFICE, BONO CoUeot Dividends, Coupons and Foreign and Inland LONDON, Head Office, 8 Angel Court. William Heath Co., SAN FRANCI»«CO Office, 4S2 California St 10 Throcmorton Awe., London, En*. ^5™ ^"""^ ^«°'"«- ' * W- 8«l«ni«n * Co BOSTON Oorreapond'ts, Magaachusetts Draw CO., Agents for Nokth America. 18 WALL STREET, NEW TORK, 88 STATE STREET. BOSTON' Credits and Foreign and Domestic Travelers Letters of Credit In Pounds o„SterIinK and Dollars. »».r> BANKERS AND BROKERS. «0. 80 BLAKE BROTHERS & Ruckgaber, BANKERS, EXCHANGB, PLACE, NEW YORK CORHKSPONDENTS OF THE International Bank of London (Limited) London. C ABLE TRANSFERS AND LETTERS OF CREDIT J. & Schulz RATIONAL BANK OF SCOTLAND, Asencies hi Batavia, Soerabaya and Samarang (Correspondents in Padang. Issue oommeroial oredlU, make advances on ship menu of staple merchandise, and transaet othei business of a financial character In connection with the trade with the Dutch Bast Indies. Blake Bbos. A O^ Gerhard & Hey, »EVA L,. OFFICES AT LEIPSIC, BERLIN, MO«COW, NI JNI-NOVGOROD, during the Fair Commlgsioners & Forwarding Agents, SHIP BROKERS. Undertake to cash Bills, Advances and Frelshtall orders In the line of Banklns. AS?°?**.' "e«nte Lommlulon and Forwarding Business on the most moderate terms. *? "Quested to address vessels bonnA »~''il'**'7°*'? lor ueval unto the care of GERHARD & HBT, SETAIv BUSeiA. jAOTAnT THE CHRONICLE. 27, 1888.] Nevr England Bankers. Bankers. Forolffn The City Bank, ABlhorlKTfl rnpllal, ..... 4:4.000,000 Hnlmcrlbfri C'lipllal, ...... :l,-^00,0OO THREADNEEDLE OFFICE, BT. BOSTON. Tottenham Com*. Road London. London. l^ndon, KDliihtabrtdKe. London. Bond 8treot, Utii, BOSTON STOCK EXCHANGES. Paddlnston, Tjondon. AldRHte, London. Old Street, London. Tbo bank, while oonductlnR the general bnslneai of London Bankertf.Klves special attention to the asenoy of ForelKO and Colonial Bankji. A. a. KKNNBDY. Manager. Dealer. In BInnlclpal, State, Railroad and United State. Bond.. Merchants Bank HEAD Bank of Deposit, BO Interest UOBKRT ANDEUSON, sells Sterling Ex- change. Cable Tran-sfers, Issues Credits available in all parts of the world, makes eollectloas in Canada and elsewhere, and issues Dnif ts payable at any of the offlces of the bank In Canada, bemand l>rafts Issued payable In Scotland and Ireland, and every description uf foreign banking business undertaken New York Agencr, 48 Excbange Place. HENRY HAGUE, JOHN B. HARRIS. SUHPLUS, F. - SMITHERS, W.J. 912,000,000, Gold. $5,500,000, Gold. - No.. S9 & Co., STREET. Buy and sell Sterling Exchange, Francs and Cable ^anafers; grant Commercial and Travelers* Credits, BTailable in any part of the world; issue drafts on make ooUectlons in, Chicago and tlirougbout the Dominion of Canada. ud Office, Imperial Bank of Canada. ..... HOWLAND, BESEKVE, H. S. Pres't. -$1,300,000 $460,000 D. B. WILK IB, Cashier - - HEAD OFFICE, TORONTO. BKAACUJiS: St. Brandon. Dealers In American Currency & Sterling Exchange. Agents in London Agents in Now York; B08ASQITET, Sai.tACo., Bank ok .Mo.stkeal, 78 Lombard Street. 89 Wall .-(ireet. Promptest attention paid to collectiona payable in any part of Canada. Approved Canadian business paper discounted at the llead OlBco on reasonable terms, and proceeds remitted by draft on New York. & Co., TVEYBOSSET STREET, PROVIDENCE, R. E. Jackson & Co., sell Gtovemment, ings State, Municipal soUi^ted. Pennsylvania Bankers. Geo. B. Hill I Gzowski & Buchan, AST) 8tOOE TORONTO, BeOSEBS, Prompt attention given to Collection of Commerand Canadian Funds on all points In Cana da; American and Sterling Exchange, and Stocks etc., bought and sold. OorrespondanU— Bank of New Terk, Me« York Bonds, aad AUlanoe Bank.l'vadov. N. Y. Correspondents— McKlm Brothers Buy aad sell alt Securities. Jos. Jos. CAPITAL, $500,000, Houston, give special accessible points. Robert M. Janney. M. Shoemaker & Co. C. C. Baldwin, Dealers In all issues of United States Bonds. InvestSecurities a specialty. Correspondence Invited and full Information upon nnancial subjects furnished ment Clark & BANKERS, Co., CAR TRUSTS AND OTHBR VB8TMENT SECURITIES. IN IX- Stocks and Bonds bought and sold on Commission A. P. Turner & Co., BANKERS AND BROKERS, No. 207 WALNUT PLACE, PHILADELPHIA. on all B. V. TH08, WEEMS. Cashier. BBNJ. A. BOTTS.Pres't. MILLER. R. r>, WILLIAMS. JNO. W. HILXjER. CHA8. B. MILLER. P. & Co., BANKERS. MOBILE, ALABAMA. Special attention paid to collections, with prompt remittances at current rates of exchange on day of payment. Correspondents.— National Bank of State of York, New York; Louisiana National Bank, ; Bank New New of Liverpool. Liverpool. A. K. WAI.KXB, Cashier Btmauss. Prest. First National Bank, made on all N. C. parts of the United States. WM.C.COtTBTNKT.Pres. BHNKSTlt.PRlNOLl.Cash BANK OF CHARLESTON, NATIONAL BANKI.no ABSUClATION, CHARLESTON, 8. C. SPECIAL ATTENTION GIVEN TO COLLECTIONa, R. H. MAERY &. CO., STOCK BROKERS, RICHMOND, VIRGINIA, Buy and sell Government, State, Municipal aad Rnllroad Bonds and Stocks. Ac. Virginia StateTaxRecetvuble Coupons bought and sold. All orders promptly attended to. New York Correspondent. TBRMILTB A CO. MERCHANTS' NATIONAL BANK, RICHMOND, TIBGINIA. No. 33 Soath Third Mtreet, Philadelphia, DSALERS W. Mcllhenny, B. F. Weems. PHILADELPHIA. W. collections Botts, Pres't; F. A.Rloe, B. Botts, Rob't Brewster, 8. K. iriLMINGTON, BANKERS AND STOCK BROKEKS, No. 134 SOUTH THIRD STREET, £. Texas. attention to Directors.— Benjamin A. Collections dasses of Western Pennsylvania Correspondence solicited. M. Shoemaksk. THE CIT¥ BANK OF HOUSTON, E. X. Co., fur- A Co. Southern Bankers. Orleans BROKERS, PITTSBURG, PA., CANADA. •lal Blila & and information Correspondence solicited nished. and Investments for Sav- Sanks a specialty. Correspondence and VIRGINIA SECURITIES a INVESTMENT Thos. P. Miller miDDIiETO^VN, CONN., Railroad Bonds and Stocks. Co., specialty. We I. Dealers In Commerclul Paper, GoTemment and other tlrst-class Bonds and Seciuitlos and Foreign ExchaiiKe. I*rivate Telegraph Wire to New York and Boston. C. & BANKERS AND BROKERS, bankers and BROKERS, I BABESK3 INDICATORS AND TELEPHONE IN OFFICE. BALTimOBE. Wilbour, Jackson Catharines, Port Colbome, St. Thomas, Ingersoll, Weiland, Fergus, Woodsttwk, Winnipeg. Man.. : German S. IV. Corner dc SoDtta St.., P.O. Box 227. BALTIIUOKE, Md. Spechil attention given to the negotiation of Foreign Kills of Exchange, Collateral Loans and Commercial Paper. charles h. sheldon, jr. Bexjami.v a. Jackson, William Binnky, Jb. No. 9 Blrcbln Lane. OAPITAI., (paldup), Middendorf, Oliver & Co. Wilson, Colston Waltiib Watsox, Agents. Alex'b Lano, laondon B. OLIVIR, C. A. ALBIBTI, Members Baltimore Stock Exchange. ju8h0a wilbottb, Buy and OFFICE, 61 fVAI^I. W. MIDDKNDOKF, W. Stackpole, BANKERS 52 ANf) BANKERS AND BROKERS. DEVONSHIRE STREET, BOSTON. No. 60 BUCHANAN, General Manager. dc . President. NEW YORK . & Parker Agents. JR.. Bank of Montreal. CAPITAI., 7 eheck. A. Hawley MNDON.ENO.-The Clydesdale Bank (Limited.) NEW YORK-lhe Bank of .New York, N.B.A. and to other investments bought and sold. Cort'espondence invited. Orders ej:ecuted at Boston and New York Stock Kxchanges. of which we art members. Eaq IIACiUE, General Manager. H. PLUMM.EK. Asalatant General Manager. buy.'i T ON Sons, BANKERS, SOUTH STBEET, TRANSACT A OENERAL DOMESTIC FORElaN BANKING BUSINESS. J. Bonds and OFFICE, JTIONTREAI.. The New York Agency S on deposits subject & Robert Garrett BANKERRS. QBORGE J. Deposits received subject to check at sight. all points in U. 8. and Canada. BAETIMORE, 84 DeTonshire & 20 Water Sts.,cor.opp.P.O. F. $5,700,000 Paid Up. SIR HUGH ALLEN. dttM Baonrltles. Collections on No. _l OF CA]VADA. President. Vice-President, Co.). Dealers In Municipal, State and Haiiroad Bonds. STREET. ExchiinKe and Cnblo Transfen. Issue domand drafts ''n Scotland and Ireland, alAO on Canada, British Columbia, Portland. Oregon San Francisco and Chlctuto. Bills collected and other banking business transacted. P, A. McTA VISH, Agents. W. LAWSON, sell Hterltng PMa. Special Attention (rlT^n to InTestmentg Loans negotiated and adrances made on npproTM STATE STREET, No. 40 North America, Bonds and descriptions of Btooks, BOSTON, MASS. No. 52 \rAIiL Capital, Swnr A Co., BANKERS AND BROKERS, or Bar and & Dupee Perkins, Bank British SOUTH STREET, BALTIMORE. collaterals. (Formerly 0HA8. A. Canadian Bankers. AOKNCY OP THE Co Tnuiaaot Ootnsl Buking Biiiliiaw Bu J and Sell on Commliiton in tlila and other a!l ALSO, HolDorn. Iiondon, S OormtcUi ^v apsckU Wirt vMh Ifeto Tot* and dtlpMa Vorre*pond»nU. MEMBERS OF THE NEW YORK AND BRAHCHBS: Lndnato No. CONGRESS STREET, No. 86 HOU.OOO KnerTe Fnnd, £330,000. Baltimore Banker*. Co., J ohn A.Hambleton& BANKERS AND BROKERS, BANTCERS, LONDON, ENGLANO. HEAD & Brewster, Basset tLlHITBD.) Pald.llp Cnpilul, iii Collections made on all Soathem points on best terms; prompt returns. JOHN JOHN F. P. BRANCH. President. Glenn. Cash. Fred. b. soon. Vlce-Piest. BRANCH A. CO., ~T1I01HAS BANKERS AND COMMISSION MERCHANTS. RICHMOND, VIRGINIA. Virginia Bonds funded under the Funding Ael per cent oommlapa-".«ed bythe hurt Legislature, for sion. New North Carolina fi per cent bonds, seouiod by Hen on the State's stock in the North Onoliii* Railroad, for sale. M THE CHRONICLE. mt [Vou XXXVL Financial. Western Bankers. Financial. Mortgages on Farms The New England AND Mortgage Security Co. Kansas City Real Estate, NETTING SEVEN PER CENT SetnlAnnnal Interest to Inrestore. I.oan» on improTeil and pr<'il"«<;''\e Missouri, fam)»ln Iho Lost portions of Kansas and loaned. worth from I hr<.e to five Hmes the amount Acknowlpd^red to bo the most SAFK and I known. ABI.K form of IhvestlnK money two In «n expi-rtenre of many years and loaning million dollars, not one dollar lost. aMunie the resr"inslblllty of prlnBAKB LOA.\S; of «>llcctlnK the Ititerest and HARGK. elnal and remitting to Investors, FHEK OV ( such aBdlncaMaf anytr..uWe or delay In maklnf! ALL KXsollpctlons AGIIICKING TO LOSS. PKNSK «Ad si IKI.ll INVESTORS We necotliite Kom- MAKING ONLY We STAND FROM PROMPTTITLKS GUAR ANTKKD. ALL FUNDS particulars. PLACKD. Write for clrcularandlull rtating amount you would wish to Invest on satlsfiio tory evidence a^ to securities, titles, &c. Address, 1,T MORGAN, H. P. OENERAL AGENT FOB NEW ENGLAND No. 3 Cnstom Bonso Street, PROVIDENCE, B. I., OFFERS FOR SALE 5 per cent 20-year Bonds, $1,000 each, SECURED BY FIRST MORTGAGES ON IMPROVED FARMS. Guaranteed, Principal and Interest, by CAPITAL STOCK OF CONKMN & CO., LOAN BROKERS, KANSAS CITY, MISSOURI. ESTABLISHED Interest Coupons payable July 1 and Jan. 1. recisterod to order or payable to bearer at These bonds are commended to the attention of the most conservative investors, as they are believed to be as perfect a security as can be obtained. Bonds A pamphlet with full Information application to the company's office. will be sent on 43 niLK STitEET, BOSTON. DIRECTORS. Henrt Saltonstall. Austin Corbin, J. Baxter upham, Kllerton Pratt, giljian 8. moulton, i. d. farnswokth, Charles L. Flint. VICli-PRESIDKNTS. thouas wioglesworth, geo. c. richardson, john webster, eusha atkins, Amos T. Frothingham. E. CHARLES L. F'LINT, J. F. F. BREWSTER, & A. H. Brown T President. Treasurer. Co., banebrb and brokers, IVall St., C»r. New, New Ifork. INVESTMENT SECURITIKS. CO., OLIVE STREET, ST. LOUIS, Dealers In "iVestern Securities. 805 Defaulted Bonds of Missouri Kansas and Illinois a Specialty. Good Investment Securities, paying from 4« to 10 er cent, for sale. Refere-ices in New York, by permission, Clark, DodKe ft o.. 61 Wall St.; Hatch & Foote, 12 Wall St. References in St. Louis, Banks generally. Howard Lapsley STRE E^T ITALL 5 Co., AND BROKERS, BANKEP.8 No. & , New^ York. I Sam'l A. Gaylord, DEALER IN LOUIS, sale. Correspondence •ollcited. W. TIIORNTO.\ F. A'NU profltof Total profit for first year Interest charges on bonds outstanding Neiv York. , REED & HURLBUT, 53 TVILLIAin SO\, dc STREET. REFEKKNCKS— National •lankof Commeroe.New York. Union National Bank, Oinclnnatl. Third National Rank, St, Louis. Traders' Bank, Chicago. In<ilana Rankintf Company. Indiana pol is. THE IVESTERN Farm Mortgage Co., ; CHAS. MORTGAGE LOANS UPON IMPROVED Interest and principal paid on day of maturity In New York. Funds promptly placed. Large experience. No losses. Send for circular, references and sample forms. F. M. PERKINS. I'resldent: J. T. Vlco-Prest.i L. H. PERKINS. Secretary: CHAS, W. OILLKTT, Treas. N. F. Auditor. WAKNK, HART STATE BANK, »C. T. Walkbb (lncorpori".ed 1S75.5 Cashier. J President. & R.T.Wilson ROCHESTER & PITTSBLRG RAILROAD COMPANY, PRBSIDKNT'S OFFICE, 20 Nassau St., New York. TO THE HOLDERS OF THE INCOME BONDS. Gentlkmen— The Board of Directors have decided that u suflBcient number in iiin<iiinl of tho Income Bond holders vf the Company have iisf^ented to the proposition to accept Consolidated Mrst >Jortf;ace Bonds in oxchange for tlioir Income Bonds, to justify tliem tn authorizing the exchange on the proposed The Income Bonds will be accepted at fifty per cent payment for the C*»nsohdated par. The holders of the Inassent in writinK to the rxchango before February 1st, 188.3, will receive the Cfinscmdated Bonds at par " flat "—that is, with interest from December 1st, 1882. The holders of the lnc4:)me Bonds who delay their assent until after February Ist. 1SS3, will be obliged to pay the accrued interest on the Consolidated Bonds from December 1st, 1882, In order to avail themselves of the privilege of making the exchange. The Consolidated First Mortgage Bonds will be ready to deliver tn exchange for the Income Bonda February 1st next, and it will facilitate matters if the holders of the Income Bonds wil Isend in their assent* as promptly as possible. Respectfully, H. BKOWN, President. of their face viihie in l-lrst E. S. 7 Bailey, PINE STREET. INSURANCE STOCKS A SPECIALTY. : Flfty-tlve City Lots, 500ft front on New York Bay. Prtrilege of docking out 800 to 1,000ft. Suitable for warehouses and wharfage for large vessels. Apply to J. HANOVER WiixiAU C. CoBNWELL, Cashier. -.-.... CAPITAL, BUFFALO, 8300,000. N, Y. This bank has superior facilities for making oolleotioas on all aroesslble points In the United Butes. Canada and Europe. Liberal terms ext.nded loaooounis of hankers and nierctKtjits. national Shoe 4 v.£?.t'"u''"'\!"''r''",~-'^f!',^""' Mather Bank London. Union Bank of London. ; C. H. Bachem, (Late llmbbrt & CO.). BANKER AND BROKER, IB ft 81 NASSAU ST., NEW YORK. Ucmber of New York Stock Exchange. Stocks and bonds bought and sold on commtaston or cash or on approved margin. (>oUecUODs maila in UoiMd BUMS and Baroy«| NEW Spencer Trask Oeo. F. Ptabody. Buffalo, ^^ CO., VICKSBITRG, MISS. COLUMBUS, MISS. CftT«&:Towii llondtioi WeHt.rStntek c •nnty. WiBCon--in Central KU. OKI Land Glrant Bondi .losepb & Western Joseph &, Hit. Htock. Pacidc ItU. Bonds. City of St. .Joseph Mo.. Old B<md8. international Improvement Co. HubscriptiOQB, Brooklyn Klovated RH. fiecuritieM. American Cable Co. Subscrlpiiuua. Midland Railroad of N. J. Secnrities. Chicago A <irand Trunk RR. SecuiUles. South Carolina RR Securities, (jrand Uapids Jt Indiana RR. Stock. 4 Kort Wayne Stock. Boiiirht by \V.>I. R. tlTLEY, SI. 81 PINc- ? 'HKHiT. YORK (.'Inolnaati Richtiiond NKW ST. PAUIi inilVNISAPOLIS & THE MANITOBA RAILWAY COMPANY, No. 03 J- William street. New York, January 15, 1883. A Quarterly Dividend of TWO PKR CIO.VT has day been declared on the capital stock of this company, payable at this oflfice on and after TUURSDAY. February 1, 1883, to stockholders of record this 8Ha>HAN 8.JKW«TT,Pre». JOHIAH jKWETT.V.PrCS Bank of m. GILLESPIE, ST., YORK. of N. Y. Produce and Maritime Exchanges. No. 4 Member I'lii aiiclat. FRANCIS SMITH & INDIANAPOLIS, IND.; >t. ; FOB SALE Staten I§land Wliarf Property, a3.0l)« Prompt altent ion given to all kuslnoss In our lui* N. Y.CuRKR.<PONI)«NTS— Donnell. Lawson « (> andthp M»»lr'utolil».ii .Natlonnl Hank. For security, profit, income and area, these afford the most desirable Income securiLy in existence. These Investments are made under our personal suiMirvlslon, and are only to be obtained during the Winter Months. Send for circular. >t. C^sh paid at once for the above securities or they will be sold on commission, at seller's option. LITTLE R0«K:, ark. ST.'i.OOl) COTTON PLANTATIONS, WORTH TBBEE TIMES TUB LOAN. DEALINGS IN TO INTESTORS. (Paid-in) 1882. MONTGOMBBV,ALA.l German Bank, CAPITAL BUKPLUH MortKage Bonds at % First iMortgragres 8 Co., BANKERS AND COMMISSION MERCHANTta ExFbanKe Court New T«rl< FARMS. Pbnzhl. WIIVO, T. No, 18 IFALI. STREET, (With A. M. Kidder & Co., Bankers.) December 20th, Investment Bonds. LAWRENCE, KANSAS, Offers to investors the best securities In the market. K. 36,527 46 |124,S41 50 35.232 00 WALSTON FIRST-CLASS BROKERS, Collections made in Shelby and adjoining Counties and Proceeds remitted on Day of Payment. a . Total net profit for first year |S9,]09 56 Among the principal proiectors of this road are Senators Blaine, Bayard, Windorn, Gorman, Davis andCaroden; ex-Sonator ChafTee, Hon. S. B. ?^Ikln8 and Augustus Schell. of New York AVilllam II. Barnum, of Connecticut; William Keyser. formerly VicePresident I). & O. IIH.; T. E. trickles, formerly Chief Engineer Union Pacific, and John A. Hambleton, of Baltimore. They, with tlieir associates, own all the stock— some ^,500.000— now valued at 70 per cent, and none of which has been put on the market. They also own fully two-thirds of the bonds already issued in Individual amounts, ranging from 112.000 to »140000. A limited amount of the bonds are now offered at par and Interest, and commended as a safe and desirable Investment, SHELBYVILIJ5, ILLINOIS. FIRST ».ss,814 ID Net earnings on 12^ miles road operated. come Bonds who FORDYCB D. BARKER, Member N. Y. Stock Rxch. RENSSELAER WE8TOX. C. TINKK UKNKT (Established 18MI,) BANKERS mile on road commencing at Piedmont, on Baltimore A Ohio Railroad, about 200 miles west of Baltimore, and running in a southwesterly direction, for the first fifty miles continuously through COAL AND Tl.MBBR I,AND8. of which the company own 37.732 acres, and on which this bond is also a UltS'l' A-\D ONLY MORTGAliE. During the year 1882 the company mined from one opening 227,102 TO.NS of coal, the product of only fourteen acres, and sold it at a terras, viz.: EXCHANGE COURT, 2 Wh. W, Thornton. Cun TH08. M. Thornton. Tinker, BANKERS AND BROKERS, WESTERN SECURITIES MlBSOuri, Kansa.s and Illinois boTight at best rates & Barker No. Defaulted County, Township and City Bonds of Inrestment Securities for Pitts- INTEREST JANUARY AND JULY-. DUE 1911. A first and only mortgage at the rate of JSO.OOO per Special attention to business of countrv banks 1 ST. & burg Railway Company. FIRST mORTGAGE GOLD 6 PER CENT ROND. 1871. KELiEHBR & P. F. its $1,000,000. option. OR JARVIS, fVest Ttrginla Central Fred. £. Noj/es. on that date. Spencer Trask & Co., BANKERS AND BROKERS, The transfer books will be closed at 3 o'clock P. M. on Monday, January 22. and will be reopened on Slonday, February 5. at 10 o'clock A. M. New York City. a general Banking Business & PITTSBURG RAILROCHESTER ROAD COMPANY. No. 20 NASSiAT NEW 70 Broadway, Traruiact Stocks Bought and Sold on Margins. Interest allowed JOHN ST., York. Jan. 25. 1883.— The Coupons of tl'e First Mortgiigo Bonds of this ('ompany. mut'urlng Feb. 1, 1883, will be paid on and after that date, at the Union Trust Company of New York. FRED. A. BROWN, Treuuror. on Devosits. Philadelphia, 132 S. Third St.. Albany,N.Y.,65 New C P. Fox, & 67 State St., W. A.^bavk Suratook, N. T., Qnad Daioa Hotel. KENNEDY, Vice-President. Branch Offices, Oonneeted by private Wiret, S. TonK, January 32, 1888. AI.VESTON HARRISBUUO dc SAN G^ANTONIO RAILWAY COMPANY. - Coupons due the Ist date at the CO., oomer proximo will be paid on and after that MORGAN of Messrs. DBEXEL, of Wall and Broad Streets, New York. office OILAB. BABBIOGB, Treuurer. i, I Jamdart THE CHRONICLE. B7, 1883.J T» Insuranco. Intu' ance. Thirty-Third Annual Report. STATEMENT MANHATTAN THE MUTUAL LIFE INSURANCE Life Insurance Co., V. S. WINSTON, No. 15« BROADWAY, NEW YORK. Ife» Ai»»c»n, »cc.31,'8»..»9,9TT,940 34 <83 3,031,576 SO UI8hUKSEMp;NT8. COMPANY OF NEW YORK. President. year ending Dteember SXst, 1889, JTor the ^• Income Year, ASSBT3 •97,061,317.78. by death, oudowm(>nt8,dlvldvn(U and purcUaacd raid clulrna Annuity >^oooant. $1,063,871 56 policies Paid and salaries agency expenses. $147,517 32 11,95293 Taxes 7,812 50 MedlcaUloparlnu'Ut Commissions and 115,5910-1- 283,177 39 advertising ASSETS. Cash on hand $7,114 44 3,547 15 Cash in bank and trust couipauy Bonds and mortgacos 2,782,333 41 Loans on policies in force 1,358,649 20 (The legal reserve en the poli- No. Ann. Pav'ts. Annuities in force, Jan. Premium Annuities Aanuities l^ued tst, i88a. a 480 68 60 $25,958 69 112,906 1,356,156 70 1 ,038,217 01 aud prem- ium and interest in course of ooUection and traBsmission... Loans on stocks and bonds i(Uarket value of the securiInterest due and acsrued and No. To Balance from last account " Preminms received _" Interest and Rents Dy $89,618,413 97 13,845,592 86 51078,765 79 ** 116,499 98 3,893,556 61 " " Annuities " *' '* '* Dividends Surrendered Policies and Ad- " Fund 00 39 3,729.386 87 »i=36,73i 63 959,343 6x principally 1 15,537 40 $97.96i.3>7 7a NOTE.— If the New half per cent Interest be used, the Surplus is over From the Surplus, as appears in the Balance Sheet, a dividend will be apportioned to each participating^ Policy which shall be in force at its anniversary in 1883. THE PREUIUU RATES CHARGED FOR INSURANCE IN THIS COMPANY WERE REDUCED ON ORDINARY LIFE POUCIES. 1. . January Samlel S. Winston, ^ Seymour L. Husted, Oliver H. Palmer, Richard A. McCurdy, jAMlflS C. HOLDEN, E. Sproulls, Ll'Cius Robinson, Samuel D. Barcock, William Smith Brown, Henky a. Smythe, William E. Dodge, George S. Cok, John E. Develin, Hermann C. von Post^ George C. Richardson, Alexander H. Rice, *WiLLiAM F. Babcock, F. Ratchford Starr, SHORE lOICHIGAN THE LAKE SOUTHEUN UAII.WAY CO., TllEASiniEK'S OKKICB, GRANM CENTilAIi DKPOT. SMITH. Medical lilrector. MUTUAL LIFE INSURANCE COMPANY OF NEW YORE. F. S. AVIMSTON, Preiideiit. ISSUES EVERY DESORIPTtOH OF WMENT POLICIES Rates Lower than other Companies, 14TH, 1842. ASSETS, $95,000,000. PEE CENT BOARD OF TKUSTEES. Frkderick SIIAItP, Vine-President. Secretury. I>K OIIOOT, Ass't Sec'y. 1$ 18, 1883, &: President. ABOUT $97,96zoi7-7* New York, for IN 1879 Assets 1849. JOHN E, OoWITT, York Standard of four and a $13,000,000. SEVEN MILLION DOLLARS, And Dividends, KKARLV FOVR m I L 1 O N S ORGANIZED APRIL 83 00 Actuar>-. Paid Death Loeses. since Or;;anisatlon, LIFE J: END Premiums in transit, for December $97.96'.3V 7» PORTLASD MAINE. FOSTKK, 56 Cr. semi-annual $6,364,215 57 SurpIna(N. r. Standard) 678.545 53 Death Losses Paid . . 6,876,901 76 DlTldcnds Fnid ... 3,996,441 37 13,735 Policies In force, lusurluB $34,083,551. .NIUIIOLAS 79''»86s 93.782,986 08 . . " Interest accrued Premiums deferred, quarterly and " I TI1().V)AS A. " *' Mutual Life Insurance Co. OF ni A N E D. ** Acc't. Taxes and Assessments Expenses Balance to New Account. panies at interest President. UNION IIKNRV ** , , 4,611,414 86 HALSliY, First Vice-President. H. B. STOKES, Second Vice-President. H. Y. WEMPLj;. Secretary. ....... " Contingent Guarantee '• " Real Estate $47,350,317 " United States and other Bonds. 20,618,635 *' I-^oans on Collaterals 17,099,960 " Real Estate 7,851,5x6 ** Cash in Banks and Trust Com- J. L. ORGANIZED *• " '! 843,33a 9f 39,703 77 343,059 06 Dy Bonds Secured by Mortgages on Reserve at four per cent $93,469,059 00 " Claims by death not yet due 850,120 00 " Premiums paid in advance 19.79s 53 " Agents* Balances 10,928 31 " Surplusand ContingentGuarantee $10,662,476 73 8TEBBIX3, "— Commissions (payment of current and extinguishment of Balance Sheet. Dr. Surplus by above estimate.. $2,229,371 09 HENRY STOKES, 66 $107,542,773 6a To 8,10^,748 00—8,433,105 64 DANIEL ** $107,542,772 62 89,816 04 by the New York Antta 3i6S3,554 future) $10,662,476 73 • 94.<H'^ 55 3*139133083 Total paid Policy-holderB— $234,541 00 DiBXcroRS' OrricE ii^^i7S9 80 ditions Reserve on cxisliug policies, estimated N. t4<743ti53 40 Matured Endowments $6,031,913 30 unpaid 8. Or, Total claims and claims await- iTlle »3S3. '34.593 paid Death Claims ** all Gross assets Claims not yet due and other liability Amoukt. 112,906 $353."34,595 104,371 17 ing proof, etc »»5,95» «9 $12,848,835 24 other property Dlrldeuds 60 Policies in force, Jan. 151,1883. 106,214 329,554.174 Rislcs Terminated 6,692 la3.58o,4Jl $3"5,900.>37 37.234,458 $1,957,377.) ties, 3.7>» 44 3.045 34 RevenuG Account. Dr. Mew York $19,300 91 5 Annuities Terminated Amount. No. Policies'in force, Jan. ist, 1889. 101,400 Rislts Assumed ",416 '' State stocks Bcal estate at cost Premiums deferred, in force, Jan. itt, 1883. 55 Premium Annuities Insurance A.ooount. note on the same.) United States and M 4.338 amount of cies exceeds the No. Ann. Pat'ts. Annuities $ai,i39 81 58 New Yokk. 4. ! at tlii.i FEBKUAUY 1 neit, office. ITic! transfer book? will bo closed at 8 o'clock P. M. en KltU-»A V, the 29th Inst., unrt will be reopened on the momlng of Monday, the &th day of February neart. r. W. VANDEKBILT. Acting Treasurer. 'pHEJPE\SACOL.\ COMPANY. The Jt ATLANTIC RK. Anson Stager, Frederic Cromwell, John H. Sherwood, George H. Andrews, Robert Olvi-hant, George F. Baker, JULIEN T. DaVIES, koDERT SSWKLL. ILLINOIS CENTRAL RR. CO. 41st SEMI-ANNUAL CASH DIVIDEND. Board of Directors have declared a dividend of 3M per cent In cash, payable March 1, 1883, to the shareholders of the Illinois Central Rallrt^ad Company, as registered at the close of business on February 10th; they hare also declared an extra dlyldend of ^ of 1 per cent in ca.sh, payable at tfae same time to said shareholders, out of the earnings of the Southern Division for the six months ending December 31. 1888. The Stock Transfer Books will be closed from and after February 10th until the mom•" 1883. log of Now F. Dii FUNIAK, 1, Thompson, )UDLEY OlCOTT, Thomas Dickson, Henry W. Smith, on this Company's $3,000,000 MORTGAGE BOND8 wlil be paid at the Uanover National Bank, No. 11 Nassau Street, New York, on and after that day. Coupons due FEB. Benj. B. Sherman. ios. Tfae Uec. 2«. 1882. Tlie Board of Directors of this Company liave this dny doclareil a QUAUTEltl.Y U1V1I)E>JI) of TWO PKIl CK.NT upon its rapttal stock, payublo on THURSl)AV,theKlKST(luyof Fredkrick H. Cossitt, Lewis May, Oliver Harriman, President. March 6th. York, Jan. I-. V. F. KANDOI.PH, Treasurer. 18, 1863. PALAOB OF PrLLniAN'SJan. OFFICE 80. 1S8S. CAR COMP.\NY. rililAUO, 111,., DIVIDK.NI) Nn. 03. 0») SEVEN FIRST nORT- Thomu.ilOUAKTEKI.Y niVIDKND of TWO has STOLEN.— GAQK TehuanteiMic, Intftr-Ocean Railway Bond.<i. PKK CENT on the capital sti>ck of this company 4ia, parablu February 15 to stockholdw* (l.OOUoach, iiumliorcd I.IM), 1,490, 444. 446, 449 stopi>t>d at the company's office. All persons are cautioned aKuinst purchasing or ncKOtlattn^ the same. SAM'L, A. STRANG, SO Pine Stoeet. 4M. Payment has been boon doclarcd, of record at the c-Iose of buslncM February 1. IHM. TnuiBfer bookswiU close February 1 and reupea »Xb. A. 8. WEIN3HB1MKR. ruary 16, 1888. Secretary. THE CHRONICLE. Wl Insurance. Insurance. We Hold Thee Safe! OFFICE OF THE ROYAL-INSURANCE of Mutual Insurance Co., HEAD *otal Assets in State of tlie NEW YORK, January 25, 1883-.. United States Branch. tlie OFFICE, Nos. 41 AND 43 WALL STREET, January 1, 1883. United States, not including Special Deposits outside New York The Trustees, in conformity to the Charter ol the Company, submit the loUowing Statement of its aOiiirs on the 31st December, 1882: Premiums on Marine Risks from > i tlie ?3,248,T46 96 • SUMlttARY OF ASSETS. $2,000,026 25 United States l»nds at market value Beal Estate Temporary loans seciired Premiums marked 54,413 03 227,945 43 270,029 67 • 2,729 48 Otber assets $3,242,740 96 Total. Liabilities, including reserve tor 1,873,693 28 unearned premiums. $1,369,053 6S SURPLUS Income $2,286.940 75 for tlie year 1,910,394 34 Expenditure B. B. fVM. SHERMAN, W. HENSHAW, Assistant Manager. $5,029,538 43 oil from Ist January, 1882, to 31st Decem- ber, $4,390,305 90' 1882 Losses piUd during the period same *2,013,767 35" Returns of Premiums and Expenses $823,304 50 The Company has the following United States and State of New York Stock, City, Bank and Assets, tIz.: $8,971,658 00 other Stocks Loans secured by Stocks and COMMITTEE OF MiNAOEMEST H. DeB. EOUTH, OSGOOD WELSH, KOYAL PHELPS, Premiums Total Marine 560,000 00 • Premiums uncollected Casb in banks and in office l8t January, 1882, to 3l8t December, 1882 ^,412,693 59 Premiums on Policies not marked off 1st January, 1882 1,516,844 83 127,603 05 by United States bonds Interest accrued ATLANTIC CO. OF LIVERPOOL, ENGLAND. Statement XXXVL fVoL. RENEY JACOB E. F. A. D. otherwise Real Estate and Claims due the Company, estimated at....... Premium Notes and Bills Re- SMYTHE, VERMILYE. BEDDALL, Manager. 100 BROADWAY, NEW YORK, 531,118 15 364,923 Amount Co., Oa 1,725,575 02l ceivable CashiuBank Continental Insurance 1,575,500 85- $13,171,675 02^ SIX PER CENT INTEREST on the outstand luK certificates of profits will bo paid to the holders thereof, or their legal representatives,on and after Tuesdaj.the Sixth of February next. CASH ASSETS. 8. and other Stocks and Bonds (market v.iUie, $640,850) Iioauson Buud and MoriKUKe (on real estate isortli $1,062,200) United States Bnnd.s. at market value (Currency Sixes) Bank Stocks, at market value ',"'."'.'.'.'.. Otlier Stocks and Hniulf», market value Seal E.state owned by the Comi)any \\\ ^ Outstanding luemsiims ',!!!! [T! UividenilK. Heuts and Interest Uncollected .!....'...... liOane on U. $515, 500 00 379,,52.5 00 . 1.189, 520 220,:025 986 ,560 664 ,000 212:,1U2 58',354 224, 856 , .' Caslionhand Total Ajssets, 00 00 00 00 98 63 89 $4,450,534 50 LIABILITIES. Keaerve for Unearned Premiums Beservc for all other Claims Allowed for Commissions and Taxes due In 1883 jl 524 123 54 A DIVIDEND OF FOIITY PER CENT , By order of 50^000 00 1,000,000 00 the Board, U. J. CHAPmAN, $4,450,534 50 Increase in Gross Assets during 1S82, Increase in Ket Surplus during 18§2, CYRUS PECK, Secretary . $243,32S 99 $151,144 8S . GEO. ©ALVESTON UARUISUUBU & SAN ANTOMO RAILWAY CO. T. HOPE, Presiden t. Investment Bonds. TRVHTEE81 D, Jones, Charles Dennis, J. W. H. H. Moore, Lewis Curtis, Charles H. Russell, James Low, First Mortgage 6 Per Cent Gold Bonds Texas Central Railway First mortiiaee David Lane, 7 Per Cent Clold Bonds, Gordon W. Bumham, DUE 1910. INTEREST FEB. A AUG. AT 105 AND INTEREST. ^^'^ Albany & Chic. R'war A. A. Raven, ^^''^'' '"""l Kru"t 1.500.000 acres oov *'*£!""i5 IJIS^ Wm. Sturgis, First mort. 6 Per Ct. Ciold Bonda, cred by itj n.r.rt«a«e». lias for yc;ir» u irneil iiet'f?o7n looal business alo..e, about three times iiwPestoS ON CHICAGO AND INDIANAPOI,IS DIVISION *^"". Benjamin H. Field, ^^^,.^^"'''•.'"1'' " "-•'^"•ed great permanent IncreaSe AT AND INTEREST. 108>i of earnUiKs. being now Jjslah O. Low, Trunk ai ooptinn^f Houston Soutbem I aciMc rranscontlnonUlLino dn Texas Central B'way GenItoSfe'frora San William £. Dodge, lj»nolsco to Now Orleans. A limited eral mort. 6 Per Cent Bonds, amount of Royal Phelps, AT 100 AND INTEREST. iten?o"raATe"„"^,;^"» <«'-> "-"-eWfoTL.fe' Thomas F. Youngs, J. CISCO &. SON, POOR & OLIPHANT, 45 Tfal l St. 0. A. Hand, NO. 88 WALL STREET. John D. Hewlett, WlUlam H. Webb, ''"•'' it JOHN Schuyler N. Warren & Co SI Bxcbanee Place. J. -^ I.Btocki and Boada.. YORK. BONDS, LANDS, &c. Qu. mectrtc Ught wd MlactUanMiu .t£Jtli''o*AL'S" Horace Gray,. Edmund W. Co John Elliott, Adulpli Lemoyn Bobi. B. Mintum, Charles H. Marshall, George W. Lane, Edwin D. Morgan, James O. De Forest, Samuel WUletts, Charles D. Leverioh, WilUam Bryoe, William H. Fogg, Thomas B. CoddUigton Horace K. Thurber, William Degroot, John L. RIker, N. Denton Smith, Charles P. Burdett. C. Chew, No. 7 WAIX STREET, NEW rnrTESTMENT SECURITIES. TBXA8 RAILWAYS, - Secretari^ 357,865 69-1,557,865 60 Total, fltf. Baling is declared on the net earned premiums of the Company, for the year ending 3l8t December, lSS2,tor which certificates will be issued on and after Tuesday, the First of May next. 'sis's-iS 27 CASH CAPI-SAL WET SURPLUS—Amnt. Included In Safety Funds.$l, 200,000 00 Unallotted THE OUTSTANDING CERTIFICATES of the issue of 1378 will be redeemed and paid to the holders thereof, or their legal representatives, on and after Tuesday, the Sixth of February next, from which date all Interest thereon will ceaae. The certificates to be produced at. the time of payment and canceled. Secnriue. ior Iny^tBient oon- JOHN D. JONES, President. CHARLES DENNIS Vice President, W. H. H. MOORE, 2d A. A. BATEN, 3d Vice-President. Vioe-PiesldenU ^ xmth HUNT'S MERCHANTS* MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES F Entered, ao«ording to act of Congress, In the year 1883, by VOL. Wm. Dana A B, SATURDAY, JANUARY 36. CONTENTS, nHF(lNr<5LE. The Financial Situation 91 Failures in 1882. 1881, 1880, Southern Securities 99 93 1879,1878, 1877 The I.miK Island and Elevated Moiietarv* and Commercial Railroads iit Albanr 99 93 - Entfiisn News Tlio CiiiTent of Immigration.. 9.") Commercial and Miscellaneous The aitiiation in l-Yance 101 96 News Mouctary and Coiiiiuercial Kevlew of Great Britain in 1883 97 — THE BANKEBS' GAZETTE. Money Market. Foreijtn THE COMMERCIAL Oommerolal Epitome Ill Ill Cotton TIMES. I RreadstuSs 117 I Dry Goods 113 ^Ite Clxrotticlc. Financial Chboniclb is published Neie York etery Saturday morning. Offlce, 918. but in time of trial Nor trust reserves. are mand money on de- or on short time has of late years developed into an among almost universal custom those having money at command, until a considerable portion of the capital of Life and Marine Insurance companies, and even the daily balThis ances of merchants, take that form. is of interest here only as showing the vastly greater work our bank organization would be called upon to do at a time of general Thb Commbrcial and (Entered at the Post NO. 1883. laws; furthermore, the business of loaning QuotationsofStocksand Bonds 101 105 New York Local Securities Railroad Earnings and Bank 106 Returns Investments, and State, City and Corporation Finances.. 107 Ex- change, U.S. Securities, State and Railroad Bonds and Stocks 102 Rausfe in Prices at the N. Y. Stock Exchange 103 27, C.| must leaa wholly upoa bank companies the only banking device that is so situated. For while our own banks have been thus crippled and stunted in their growth by the burdens placed upon them, foreign banking capital has come ia here in large amounts which is only in part subject to our sure, THE Washington, D. Co.. In the office of the Librarian of Congress, in New York, N. Y., as second-class mail matter. discredit, shall and the need for some change make in our laws which provisions for further safeguards. I What gives present importance to these discusdanger which is dtily becoming more do •For Six Months threatening through our silver-coinage law. If Congress £2 7b. Annual subscription in Ijondon (Including postage) do 1 8s. •Sixmos. do do subject again ignores this now, it seems almost certain Bnbscriptions will be continued nntll ordered stopped by a teritlen oriier, or at the publication office. The Pui)lishers cannot be responsible that its non-action will interfere materially with a general tor Reinlttances unless made by Drafts or Post-OlBce Money Orders. To be sure, revival of enterprise the coming summer. Liverpool Offlce. Tlic oflice of the Chronicle lu Liverj>()ol is at No. 5 Brown's Buildwith good crop prospects we shall have everything inKM. where 8ul)8cription8 and advertisements will be taken at the regular rates, and single copies of the paper supplied at Is. each. A neat tile cover is furnished at 50 cents postage on the same Is 18 to favor activity, except the distrust which the law in oents. Volumes bound for subscribers at $1 00. question engenders. But there are positive evidences WILLIAM B. DANA <c 00., Publiihers, WILUAH B. DANA. I 79 & 81 WiUiam Street, NEW YOHE. JOHN O. FLOYD. J that the feeling of uneasiness is growing and that-capital Post Office Box 958. is even now beginning to discriminate. It will therefore be almost a criminal neglect, if Congress adjourns without THE FINANCIAL SITUATION. There is no radical change this week in the general out- suspending silver coinage. The party in power cannot look. To some extent, manufactures and commerce con- escape the responsibility. Compared with action on this tinue to be influenced by the uncertainty which exists re- subject, all other kinds of legislation become non-essential. garding tariff and internal revenue changes and until This distrust at the continuation of silver coinage ia TERMS OF SUBSCRIP TiON-PAYABLE For One Year IN ADVANCEi (Including postage) 20. 6 10. l(>10 sions, is the special real : ; ended by definite action or by the adjournment of Congress it is likely to remain a depressing Meanwhile neither bankers, merchants or influence. manufacturers seem inclined to undertake new ventures, and all are disposed to be very cautious regarding the management of enterprises they now have on hand. This helps to make general trade quiet, limits speculation and that suspense is causes capitalists to be very conservative. In this interval of comparative rest the public haps inclined to be more critical in its perhaps increased just anticipated that is per- we could the delay in the feeling is, thus enlarge our supply of gold, that But thia exchange market has given very little indication of a settled movement downward, for although would tend week and to hold the other influence in abeyance. the foreign early in the rate, study of the finan- if now through movement of gold from Europe. The week a lighter demand caused a reduction the scarcity of commercial at the moment the market is bills in the kept the tone firm quoted strong. Bankers say that the present indications are of a decreased move- At all events, a feeling of dissatisfaction ment of cotton and breadstuffs. The exports, however, becoming very general among conservative classes as still continue moderately large, but the bills offering are to the direction in which we are drifting. The remarks quickly absorbed, and, besides, the produce now beinjj we made with regard to trust companies last week reflect shipped has already been drawn against. The scarcity ot a leading phase of this inquiry, for they touched a very freight room has had a tendency to limit exports, but weak point in our present monetary organization. Under this will doubtless soon be remedied. The reports from hostile State and Congressional legislation, banking busi- Europe continue to show unfavorable weather for the ness has been largely transferred from banks to substi- crop of wheat now growing, light supplies from th« cial situation. is tutes, which, have no provision at all for resisting a pres- farmers, and inferior quality of grain in the markets and THE CHRONICLE. 92 a steady demand for foreign flour with rising prices This news serves to stimulate speculation in for wheat. breadstuSa here, and the movement is aided by the have a smaller exportable is too small. We have an abundance of corn and are in request ; So far as secuthe same impression upon the market. movement liberal be a there ought to concerned, are rities to Europe, unless capitalists there have become disgusted with the speculative tricks played by some of our railroad Money is very easy in London and indeed on managers. the Continent, and while doubtless be invested first class in some of it will American railroad so continues it when business XXXVI. there is is chiefly any con- room traders, those adroit professionals who when it is desirable to manipulate the fined to the this survey of the floor activity develops the fact that the sur- but as taken by Europe to a considerable extent one for required nearly two bushels of this cereal are make not shipments do against these of wheat, bills drawn may be A limited extent. con- viction that we plus of wheat than was believed early in the season, unless the Agricultural Department's estimate of the crop shall really [Vol. market. There has for the past few days been a conspicuous dedividend-paying propin some of the leading cline erties, notably the given rise trunk-line reports to and stocks, the that insiders, this has meaning had sold and managers, two weeks ago. Some of the principal owners of these properties have taken the trouble to deny these reports and to express their belief the speculating out during directors the rise n higher prices for the stocks, but such denials have no weight with the public. They are interpreted to mean that such leaders are loaded up with a general assortment of properties which they are anxious to sell whenever the market will take them. The unsettled feeling regarding the financial situation, to a considerable extent doubtless funds loanable quiet, very Our money market The Treasury disbursements deters purchases of even the best of the properties, and being in good supply. have not been liberal, the week's transactions being the open manipulation of the market tends to make movement speculators very cautious. the but banks, the against slightly securities. is also from the absence and interior of staples still is continues and activity resulting quite speculation a in and two years ago. now than The Treasury is idle deposits Tuesday for a and financial of the short prices time by were unfavorably news the the of affected political crisis at Paris, the panicky condition Bourse being reported just before the close of our market. Under other circumstances this news should make have caused no alarm, but it was feared that a continuleast, as ance of these troubles might affect London as the finan- they were a year not likely to large disbursements for bonds, for the present at at the last report there of Bank On The stocks plethora capital, which gives ease to the market. are increasing, and are larger free. in remained unpaid of those already redeem called only $12,021,900, and, including the offer to year did, and in that case the disturbance our own market. slight rise in cial crisis last would be A reflected in day aided in quieting these fears, and the reduction of the Bank of England rate on Thursceed $15,000,000. The interest payments on the first of February will be light and widely distributed, and therefore day tended to restore confidence. There has been no the dependence of the market for a supply of money must special movement in securities between London and New be upon the interior and not upon the Treasury. From York. The following shows relative prices of leading present indications there is to be no scarcity, at least until bonds and stocks at the two cities at the opening of each the tide of money is turned away from this centre, as it day. usually is toward the close of the quarter. The Treasury Jan, 25. Jan. 26. operations for the week indicate a gain, which is a loss to $10,000,000 on February 28th, the amount can not ex- rentes at Paris the next Lond'n N.T. London N.T. Lond'n N.r. London N.Y. \Lond'n N.T. the banks, of $600,405. "^^The following shows the interior movement. JUceipIt at and Shipmentt from N. Currency Gold Total T. Reeeited. Shipped. $2,140,030 17,000 $601,000 $2,157,000 vricfs.* prices. prices.* prices. price*.* prices. prices.* pnces.\prices.* prices- U.S. 4a ,0. 119-43 D.S.Siis 10299 Erie 4005 97-88 2(1 con. 111. Cent. 144 39 N. r. $601,000 C. Readine Ont.W'n St. Paul. Last week's bank statement was made on rising aver ages for specie. Considering this fact, the following wilj indicate the character of this week's return. Bub-Treaanry operations, net.. Interior tnOTement Total • $ «2,157.000 *600,405 *$G00,405 1,550,000 $1 ,201,405 $955,595 Low. The stock market has been fairly active this week, with a lower range of prices. It appears that the advance movement of the previous ten days, which many looked upon as the beginning of a permanent rise, has really culminated for the present. Indeed, the indications are that the 11»« 110-31 102 99 39 93 97 40 103?< 103 24 30 68 06% 07-40 14512 144!^ 144-63 127 59 127« 28 39+ sen 26 66 26H 107-62 89Ji 119JS 119-31 1(3-36 39-44 1I9M lOSH 30H 96-91 145 127 34 126J< 127 34 127 28-27t 27-88t 65H 26 54 26% 26M 28-54 107-62 lOOJi 106-e5 106« MH cables. > Set Oain. 11907 108)i 110-07 110 103-24 103T« 39-20 sua (6« 145^ 07 9691 12783 145M I27M 144 63 I2S-41 27-881 55>i 27-90f 26-54 144-63 26-54 28H 106-65 loen 1196-65 I87>i !XH loea^l Excb'Ke. I Inio Banks. Outof Banks IIDM 4-87 4-87 Expreesed in their Ne-w York equivalent. Eeadlng on basis of $50, par value. The Bank of England rate of discount was reduced week to 4 per cent from 5 at which it has stood since September 13, 1882. The reduction brings the rate this nearer that at which actual business has recently been done in the open market, and as the Bank of Germany week reduced its rate of discount there was really no necessity longer to maintain the 5 per cent rate at London. last The change is an indication that there are no fears of France resulting from the political financial disturbance in troubles. The Bank has gained £553,000 bullion during movement was undertaken for the purpose of enabling a the week and £41,000 more on balance on Thursday and few members of the clique to harass a prominent specu- Friday; the proportion of reserve to liabilities was inlator who was short of some of the leading fancies, and creased 3| per cent. The Bank of France reports a that when that object was accomplished and the support gain of 4,875,000 which had for that purpose been given was withdrawn, prices at once declined. Complaint is made by the com'. last return. miBsion Louses that they get but few orders to buy stocks and that the nonprofessionals are trading only to a very corresponding date The Bank of francs gold and 28,000 francs silver. Germany has gained 16,660,000 marks since The following indicates the amount of bul- lion in the principal European banks last year. this week and at the Jakvahy 27, IKS THE CHRONICLK J Ootd. aUvtr. aUter. gold. 20,400.920 21,807,701 38.174,250 43,177.048 27,477,490 45,96.\93l 7,465,500 22,36(1.500 6,070,750 20.030,250 — 07,437,541 63,543,548 sZ555,100 65,098,181 00,734,748 63,680,776 53,818,184 66,028,214 Total thla week of this opulent city its M M Bank of England Bank of France Bank of Germany Thus the prosperoui merchants and wealthy Jan. 26, 1882. Jan. 23, 18B3. 93 —tho Chicago of the residents Southwest —with ten railroad corporations having their termini within its limits, shops witn etc., its numerous banks, cotton machine and presses, are in the full and peaceful enjoyment possession of improved streets, drainage, sewage, culverts, But her whose money built some of these improvements, The Government bond market has been strong this are simply the owners and holders of her defaulted bonds. week for the 3 per cents, and weak for the fours, which It was the pluck and enterprise of the citizens of latter declined under free sales to realize the premium on Houston that gave Texas the Houston k Texas Central them. Railway, which has done so much to develop the State The Assay Office paid through the Sub-Treasury $1 24,07 and build up their city it was the pluck and enterprise of for domestic bullion, and the Assistant Treasurer received one of her citizens who, unaided, has put 150 miles of tlie following from the Custom House. railway into successful operation, and for which he lately Total preTloos week. bridges and a splendid market-house. iron creditors, ; Ooiuitting DaU. I>ulUt. Ootd. Jan. 10.. " 20.. 22.. 23.. 24.. 25.. •' " " " »533,122 305,921 559,079 631,090 200,140 495,355 98 20 62 56 91 06 refused $2,000,000, well of~ U.S. Ootd Silver Cer- yolei. Certif. tifleales. $38,000 $403,000 25,000 211,000 28,000 418,000 40,000 467,000 18,000 231.000 23,000 399,000 $77,000 58.000 99,000 95,000 25,000 58,000 $9.1,000 $178,000 2,129,000 $412,000 $16,000 11,000 14,000 23,000 15.000 16,CO0 knowing that it was worth double that amount. She has a score of names synonyms are I^ it in the commercial world that of individual integrity and not strange that such people pay so municipal good faith ? responsibility. little regard to If they would place the same valuation on their property for taxation that their sworn when condemned for public would not be any necessity for making the above proposition to her creditors. Bes ides, this goodly SOUTHERN SECURITIES. city is the only spot in Texas where a corporate obligaWe often hear it said that capital discriminates against tion means less than its full face value. As an example take Southern securities. Is this true ? ELEVATED RAILTen years ago, the Governor and the THE LONG ISLAND the State of Texas. $2,815,919 23 Total. appraisers do upon out-blocks use, there AND Financial Agent ROADS AT ALBANY. tried in vain to sell her 7 per cent gold Two years later these bonds bonds at 80c. on the dollar. The disposition of legislators to strike at public corpowere sold at 85c., and by the honest, straight-forward rations we have often referred to as one of the evils of policy of the State since that date, they, as well as her 6 the present day. We recall, however, very few meddleper cent issue, have sold at one time as high as 140 and some measures so little in accord with public demands as interest. two small bills that are at present absorbing much of the If other Southern States had pursued the same honest attention of our State Legislature at Albany. One provides policy as Texas, their credit would now be as good as hers for the|reduction of fares on the Elevated roads to five cents Investors value the securities of a State, city or corpora- at all hours, and the other would limit the Long Island tion exactly in the proportion that such State, city or cor- Railroad to a charge of two cents per mile for all disporation values its obligations, whether the maker is in tances less than thirty-five miles. Both bills are enlisting the North, South, East or West. This is so obvious a the active endeavors of those who think there is no truth that the discussion of it seems superfluous besides, better way of commanding the support of the masses than it is fully proven in the cases of Texas and Tennessee, by engaging in a lively crusade against all forms of organMinnesota and Ohio. Should these measures be placed upon our ized capital. But to illustrate the principle farther, let us compare statute book, however, and should the results follow from places within one houi's ride of each other in the same them that we fear, the public would have little reason for State we may cite the cities of Galveston and Hov\Bton, regarding its legislators as benefactors in these instances, ; — — Texas. at least. Each tion. of these cities claims about thirty thousand popula- Galveston is the chief commercial seaport of the The for case of the many Long Island is well known. years regarded as an outcast among It was railroads Houston is a manufacturing city and railroad of the United States, receiving and meriting public conand assumes to be a close rival of Galveston in tempt. It paid dividends for a year or two before the her annual cotton receipts, &c. panic, and before it was encumbered with its many leases, These cities alike constitute the respective counties in but after that, until within a year or so, it was glad to earn which they are situated, the taxable" value of property, enough to pay interest on its debt, but did not always sucState, whilst centre, outside of cities, pal and county being inconsiderable, whilst the municidebt of each is about the same, say ceed in doing even that. In its palmiest days it was shunned by traveler and investor alike. The management was simply execrable. The road and equipment were Galveston some eighteen months since in $1,750,000. The City of such a dilapidated condition that one took his life in his The hands every time he traveled upon it; and as for time, yon City of Houston is now asking her creditors to accept might leave Farmingdale (only 30 miles off) early in the 50c. on the dollar for its old debt in a bond bearing 5 per evening and yet not feel sure that you would reach New cent interest. It would not be strange if her bondholders York in time for breakfast the next morning. It was the should decline such a proposition they ought to, as her belief of many that the dividends had been paid at the taxable property in 1873 was some eleven million dollars, expense of necessary improvements in track, road-bed and and if properly assessed to-day would be nearly twenty equipment. Be that as it may, the name of the company million dollars. A tax of half or three quarters of one was the synonym for all that was bad in railroad service, per cent on the amount would pay the annual interest and it is only since the present management have taken on her entire bonded indebtedness. hold, spent considerable money, and introduced nuny refused 9oc. for $800,000 of her 5 per cent bonds. ; THE CHRONICLE. 94 -changes, that the company has been slowly outgrowing the previous opprobrium. The old organization paid its last dividend in 1873, and after that went into financial decline, as it had previously gone into physical decline, finally lodging in the hands of Most of its leased and receivers late in the year 1877. -connecting roads shared its fate, and the whole Long Island system was at the mercy of clamorous creditors. After much diflficulty, things were adjusted to the changed condition of afEairs, the company was reorganized, and finally in December, 1880, a party of capitalists, headed [Vol. XXXVI. Twenty-five million more passengers one mile were carried in 1881-2 than in 1879-80, and this shows what efforts are being made to increase the road's matter of course. At the same time, the average rate per passenbusiness. ger per mile has fallen from about two cents to 1-92 Both these averages are low (as compared with cents. the customary rate of three cents per mile), but this is due doubtless to the large number of excursion tickets at low price issued during the summer months, the commutation tickets at reduced rates, ihe thousand mile tickets at two cents a mile, and to the low figure at which by Mr. Austin Corbin, secured control of the road. Rec- traffic is carried to and from some of the nearby suburban ognizing the necessity for a thorough renovation of the towns. Thus it would appear that the three-cent rate is entire property, the new managers proceeded to provide largely nominal, and yet in certain seasons, when travel funds for the purpose, and increased the capital stock to is light, it is probably just this rate, secured on the ir10 million dollars. Then having rendered travel over the jegular traffic, that makes the road pay. If this is so, road safer, quicker, and more commodious, they raised then it would be in the highest degree unwise to give charges somewhat, in order thereafter to maintain the structure in good condition by making renewals as fast as effect to the measure. It is to be' remembered that only two quarterly dividends of one per cent have been paid, a measure to reimburse that themselves for the increased outlay of capital. The advance in rales was only slight, and though it created a that required, and also in order ia good deal of commotion at the time, applied, it is claimed, to but a part of the business, the idea being to equalize which claim would seem rates; shown -all to be borne out by the further below, that the average amount fact, realized on passengers was lower in 1882 than in 1880. It is company the prosperity of the can as yet show only one year of is recent date, which it has paid way, and that therefore even this cannot be used as evidence of the actual capacity of the road. it in its In a somewhat similar way, the position of the Elevated roads is The managers and a public question. of these enterprises, by directors their stock-jobbing tricks, forfeited all claim to public regard, have and the attacks made upon them merely give expression to a well-nigh universal feehng of disapproval of their acts. Still, this makes it all the more imperative that we should scrutinize measures more than two cents a mile shall be charged. Not having the details of the company's passenger directed against them with unusual care, lest our indignaaiovement, we can not tell just what eSect such action tion get the better of our judgment, and sanction acts would have upon its receipts. It would, no doubt, diminish thaj; will ultimately recoil upon the public. Railroad them, for though it may not affect the whole movement, it companies have a twofold character that of a field •certainly will afiect a part of it, since it is clearly the for the employment of capital and that as pubintention of the framer to make some fares lower than lic carriers. In either character they are entitled to •they now are. "We will not quarrel with the legislator as protection and fair treatment, but where, as in this instance, to the desirability of low rates. But where they prevent cur sense of propriety has been shocked by some flagrant capital from receiving a fair remuneration for the outlay abuse in their former capacity, let us not mistake feelings -made and the risks assumed, and perhaps lead to bankruptcy, of anger for the demands of justice, and above a'.l let us they are clearly an evil not only to the creditor but to the not cripple them in their capacity as public servants. We road's patrons as well. The Long Island road differs from may admit that the Elevated roads were conceived in sin almost all others in the fact that it is chiefly dependent and born in iniquity, but they are not by any means an -upon passenger trafilc for its revenue. Hence to maintain evil pure and simple. On the contrary, they are a great •the property in first-class condition it requires larger profit public blessing. No one would to-day think of living in on passenger service than other roads do. In the fiscal New York without them. They are of inestimable year 1880-1 the new management had to spend such large seiv.ice, and it should be our concern to increase their bums for renewals and repairs that though the road earned usefulness in every possible way. Will the passige of a .$1,946,609 gross, all but $190,297 of it was absorbed by five-cent fare bill conduce to this end ? Let us see. expenses, while there was interest and rentals to meet to It will not be claimed, we imagine, that these enterprise amount of $'105,811. In the late fiscal year, with the road can yet be regarded as having demonstrated their success mow proposed by the Legislature to road with such a history, so that fix the in fares on a any event no — — much in very more better physical condition inclined to use it and with the public as a financial venture, though they undoubtedly have as a for that reason, receipts increased On of the two and the New 10 per cent 'dividends were guaranteed and paid great public undertaking. — the stock the and expenses diminished, so that the road earned as much as $840,000 net, leaving a profit, after providing for interest original and for a short time, but the roads not earning that, this soon about 4^ per cent upon the stock. Now|we do not mean to assert that the company could act bear up under the proposed legislation. On that point we cannot give any information except such as is furrentals, equal to by the comparison with the jiiahed past, set ^ut we do maintain that the management which and we all to 6 per cent, know what and it followed. Now they are claimed that they earn is But would they, should the present bill be passed ? it. It is their lately present condition decided that is. The Court property owners of are Appeals has entitled to after a thorough and compensation for damages done by the erection of the structures, and there are consequently no end of claims The company has certainly very against the companies passenger movement, and with a larger million for back taxes the fullest hearing of -complete investigation. VQlume down is better judge of this than the legislator, and that no law affecting its revenue should be passed, if at all, until after its ceased, it a greatly enlarged — Metropolitan possible that they might, but we are afraid it would only be by curtailing the service and reducing repairs and renewals to a minimum. Consider for a moment what out above. has done so well with the old bankrupt concern, and whose interest by low rates to stimulate trafiSc as much as possible, is York companies all sides and of traffic » reducUou of ratee usually comes as a ; ; then and the peculiar character of ttie structures, wants over a by reason of the city finally, and the frequent stop- JawoaRT THE CHRONICLE. 27. 1883.] 95 In the following we giva th» hiitory. pages required in running trains, the wear and tear upon calendar, in our St«tea in each calendar yetr United the immigration into large the road and equipment is very great, necessitating expenditure for renewals, with the further drawback that since 1850. TKARI.T IMMIORATIOM HITO THB CWITBD RTATU. no one knows when a whole or a part of the roads will have are companies while the this all Total to be entirely rebuilt Total OfvohUh — still in would certainly seem a wise have emerged from their financial difficulties. The argument becomes all the stronger, however, when we remember that there is no In these circumstances policy to let them alone public need for the bill. — it at least until they The managers voluntarily extended the "commission" or five cent hours quite a long time half-past eight in the and between half-past five and morning and between half past four and since, in evening — the the six half-past seven hours of heaviest trafBc —any and everybody can travel for five cents. Every business man, every laboring man, every clerk, in going to and from his work, no matter whether he lives in Grand street or 125th street, need pay no more than five cents, making the total charge for the day only ten cents. The bill would not affect such persons in the least. On the other hand, during the remaining hours of the day the roads are patronized mainly by persons of wealth and by others to whom the rate of fare is these hours, too, that the It is duiing and consequently of no consequence. traffic is light, Grant- the charge must be higher to pay for the service. ing that the companies will suffer little or nothing from the other complications mentioned, the fact that expenses can not but be heavy remains. Now it is of the utmost importance that the property should not be allowed to deteriorate, but that the companies should be encouraged up to the highest standard of efBciency. Sappose that by reason of a reduction in fares the companies should be induced to pursue a niggardly policy in making repairs which is not at all unlikely, considering that the roads must be worked for a profit, like any other business enterprise, or be abandoned and that this should lead to an accident. Is it not appalling to think of the hunto keep Alien Patsengeri. Year. financial tribulations. it , — — 370.466 371.603 368.045 427,833 200,877 200,036 250,982 122,872 121,075 153,418 91,822 91,326 176,211 193,416 248,111 318.401 1851.... 18.'52.... 1853.... 1854.... 1S55.... 1830.... 1857.... 1858.... 1859.... I860.... 1861.... 1862.... 1863.... 1864.... 1865.... 1866.... * Imml- 195,85 246,945 119,501 118,616 1,50,237 Of KkKh Alien Tmmi- Pautngtr: granite 298,358 297,215 395.922 878,796 367,789 449.483 437,004 277,593 209.036 182,027 149.02U 203,eOX 280,145 285,287 356,303 346.93» Tear. grant*. 1867.. 1868.. 1869.. 1870.. 1871.. I8T2.. I87a.. 1874.. 1875.. 1876.. 1877.. 1«78.. 89,724 89.007 174,524 1879. 193,195 1880. 247.453 1881. 314.810! 1882. 437,7SOi 422,545. 26031^ 191,2211 157,440 130,503 153,207 174,6'*8 250.56'> 272,487 622.250 743.777 593,703 720,045 '734,000 (t) Approxloiate. The above ceptible the table is movement interesting as to is showing how sus- the influence 'of business Prior to the prosperity or business adversity here. war the largest total in any one year was that attained in ISS* was not again touched untiL The panic of 1857" 1872. exercised an immediate influence, and the total of 246,945in that year was in the very next reduced over one-hal^. The year 1860 witnessed a slight improveor to 1 19,501. ment, but the breaking out of the civil war effectually checked any further progress, and in 1861 and 1862 the With the close number fell below a hundred thousand. of the war an impetus was given to the movement, and. from that time on there was steady and continuous expanand (427,833), this figure eighteen years afterward, in sion, until another business crisis (that of The panic to prevent further increase. less marked total of in its effects 422,545 in 1873 was no- of and from a than that of 1857, 1873 we dropped to . a total of only After that there was a period of: till 1879, the year of the 260,814 in 1874. depression, 1873) interposed, which continued resumption of specie payments, when a revival began. The country having safely passed the transition from a. would be Jeopardized in consequence? paper basis to a gold basis, a whole flood of immigrantB; And expenses being heavy, and efficiency and profits came this way, and the aggregate of 250,565 in 1879 was absolute requisites, why should not those bear the burden swelled to 593,703 in 1880, was further increased to who can best do so ? Give the laborers cheap fares by all 720,045 in 1881, and has now, it would appear, reached: means, but give them security as well. Uniform fares at 734,000 in 1882. At the moment we are again experiencall hours would accomplish the former, while endangering ing a change to lower totals, though this is not reflected the latter. At present we have a system that combines in the figures given. It is only by separating the last both elements a system which has been tried and proven half of the year 1882 from the first half, that this is made and which makes the well-to-do portion of the population evident. Before doing so, however, we give the following pay for its maintenance, while giving to the poorer classes table, showing the nationality of the immigrants arriving at its full benefits. Why not retain it ? Let not our legis- the ten leading ports in the calendar years 1882 and 1881. dreds of lives that — lators in their zeal to gain a reputation as strikers at cor- AND 1881. N.\TIONALITr OF IMMIGRANTS IN 1882 porations, overlook these facts. 1E82. 1881. 77.725 69,461 16,169 12,301 229,996 26,185 58,742 83,071 138,892 77.75070,896 16.441 19,667 218,323 26,824 65,805 04,159 107,003 Country. THE CURRENT OF IMMIGRATION. The immigration movement standing the diminution in to it this country, notwith- within recent .. AiiHtriiL months, compares for the calendar year 1882 favorably with the year preceding. The report of the Bureau of Statistics, just issued, shows that at the ten leading ports of the United States the number of immigrants arriving in 1882 Other countries... total here for 1882 appears to be a reached 712,542; and as the Bureau states that these ten for 1881, ports received about 97 per cent of the total the aggregate at movement, it would appear which is little less than that- due to the fact that in the latter year the ten leading ports formed a greater that during the twelve months over 734,000 immigrants in all must have reached the United States. In the previous year the number was 720,045, so that the proportion of the whole than in the former. movement over one-third of in 1882 is larger than that of 1881, which had previously been unequaled. The total, however, is below that of the fiscal year ended June 30, 1882, when 788,992 716,868 712,542 Total The ing to note that outside of Germany and It is interest- Austria, record a falling off of 26,000 (though they the entire movement), still which furnish the changes the case of between England and Wales the difference is only 25 persons, and immigrants came here. With this exception the move- Ireland, Scotland and Norway also show only unimportant mont for 1882 exceeds that of any other year, fiscal or differenjes. Canada (meaning by this not only perions. the two years are very slight. In THE CHRONICLE. 96 who own Canada land, but also all those as their native way to the United passing through that country on their the greater part of constitute must latter which SUtes, good by an increase in the arrivals XXXVI. at least) will be with a period without a our history, over 442,060 immigrants having months several parallel in come here during shows a falling those designated as coming from Canada) is made Germany, in off, but this, as well as the decrease [Vol. the first half of 1882. THE SITUATION^ IN FRANCE. Affairs in France have this from "other countries." week passed through a very everywhere that the death great misfortune to the Republic, but a was Gambetta During the first five the statement is not so satisfactory. expected that its effects would so immeuniformly showed it was hardly exhibits monthly the 1882 months of affect the working of the governseriously or so diately during an increase on the corresponding period of 1881; The events which have since happened machine. ment dea showed the last five months they as uniformly parts, instead of as a whole, now the year in Considering critical condition. It was felt of crease, so of the year and is The 1881. in so that the aggregate for the second half almost 58,000 below that for the same time much decrease, too, is common to all have, therefore, partaken of the character of a surprise. weeks since the great Republican It is his grave and it is not too much laid in countries statesman was French Government, if of the machinery will to say that the scarcely three ; pretty evenly distributed, as the following table not completely out of gear, is at least sadly deranged. are not disposed to lay too much stress on the mani- demonstrate. We IMMIGKATION INTO UNITED STATES LAST HALF OF TEAE. He has never been very remarkable for his wisdom, and neither the manifesto it self, nor the manner of its publication, has done much to festo of Prince Napoleon. Country. EuEland and Wales. Ireland. 1882. 1881. 38,207 20,286 4,702 92,727 8,275 9,462 16,581 34,212 40,043 9 27,077 8,548 8,841 111,892 11,024 11.740 22,118 44,197 38,741 270,479 328,357 44,1'; 5,9.54 Bcotland Austria Germany : Italy Norway - Sweden Canada AU other countries. Total. reveal either the statesman or the philosopher. bave had the unmistakable nal condition of France, the deep under-current of thought, and of begetting French people are satisfied It is thus seen that without exception every leading This suggests the thought off. country records a falling But they revealing the inter- effect of ill at ease, with things as they It is plain that the against and very far from being are. Chambers by their pretenders to the throne, and all French the general conviction that the sweeping act all princes of some influence or influences have been at work affect- former reigning families, have had much to do with the It is the duty ing all alike, and in point of fact the decline has not been present panicky condition of the country. unexpected. In the first place, the movement has been of rulers to be firm in any great national emergency, and exceptionally we might almost say abnormally large it was certainly in the power of the Chambers, in which during the last three years. In that period the arrivals pronounced Republicans largely preponderate, to set an It was scarcely to be example to the country. They had a right to insist on the were over two million immigrants. expected that such heavy totals would be maintained con- expulsion of Prince Napoleon from the country as a seThen, besides and this is ditious person; but further than that, they ought to have tinuously at the present time. the most prominent reason probably for the falling off in treated him with contempt. This, however, they not only the movement the conditions both in this country and did not do, but they also showed their own want of conabroad have been less favorable to a large immigration fidence, aiKl gave encouragement to a distrustful feeling than a year or two ago. The disastrous crop failures in throughout the land. Prime Minister Duclerc and those 1881 were as potent here as in other respects. Many of who have acted with him have shown their good sense in the immigrants of recent years who were then raising resisting the will of the Chambers; and they have comtheir first crop became discouraged, no doubt, at the poor mended themselves to the better sense of France by reresults (so much below their expectations), and wrote to signing, rather than be the instruments in giving effect to their friends in Europe dissuading them from carrying a policy which they consider at once mnjust and unwise. out their intentions to come also. Others of the immiThere seems to be no very good reason why France grants who had been here a longer time, and were in the should be tired of the Republic and why she should wish habit of sending sums of money to their relatives still re- to re-erect a throne. The twelve years of its existence maining in the old country, with which to enable some of have been fairly prosperous, although there is some cause these to join them here, were compelled because of the for discontent in the way in which the foreign affairs of small returns from the crops to withhold the customary the country have been managed. It is, however, a misthat — — — — Probably the prospective decline remittances. building and the less active trade in many in railroad sections of the country also operated to diminish immigration. There is not the same demand for labor that there was a short time ago, and such railroad companies as had made it a practice to import labor direct from Europe have doubtless ceased fortune, under present circumstances, that France is not commercially in a highly prosperous condition. Trade has been dull in the manufacturing centres; exports have been far from satisfactory; and the late budget created a feeling of general disquietude. natural to blame In such circumstances it Government; and France has doing so. Finally, the crops abroad this last season, acquired the habit when she makes a change in her govthough they do not quite meet first expectations, are cer- ernment, of making a very radical one. It is not enough tainly above the average and better than they have been merely to change the ministry. The entire government in several recent years, which fact would make the lower machine must be remodelled. It is not to be denied that classes of the people more contented with their lot and less there is dissatisfaction in the country, that men's minds inclined to leave the country of their birth. AU these influences diminish immigration have to the are apparently combined United States, to and though they are probably more or less temporary in their character, while they remain in operation lower totals must be expected: Especially must we be prepared for smaller figures in the ensuing spring, for is the comparison (for disturbed, that the there is situation to-day is different to a desire what it for change. was in 1877, The when was about to be made to overturn the Repuband secure the sanction of the people by a plebiscite. The French people at that time were prosperous and con- the attempt lie, tented. Thoy had no grievances of which to complain., They had, moreover, an able defender of things as they Jandaht Rentes did not tho person of Gambetta. were, in The people held on , THE CHKONICLK 27, 1888. fall. production, and 97 favorable conditions home and abroad were needed to their securities. governIn such a stale of things, a radical change of moment, the for yet, and ment would not be a surprise; We have no idea is much less threatening. to monarchy in back go event any in would that France by the Legitirepresented as Monarchy, sense. the old mists and the Orloanists, seems no longer possible there. But not so Imperialism. If the Trince Imperial had been if it had not alive today, his lime would have been now, young, and is been found before. But Prince Victor the outlook to take for eonsamptloa at oB thisaccamalation and give profitable employment to our Inereaaed ipindlM (and therefore more rapldlr-rnnning) machinery. Bat instoad of that, confidence at home was shaken almost at the ontaet by the panic in Paris, which led to large withdrawals of gold from London and a rise in the Bank rate on January aotb, to 6 per cent. And here we may mention that the high rates for money during so large a portion of the year have been an unfavorable feature in all our markets. To be sure the Bank minimum again returned to 3 per cent on the 23d of ilarch, but on August 7 it was raised to 4 per cent, and since September 14 it has been at 5 per cent, with the fear all the time that a drain wisdom; so that there appears of gold to America might set in and force it higher. To indiin the the average minimum rate this should it arise, cate the wide difference to be no one suited to the occasion, even year, compared with previous years, we give the following and much less any one who, under present circumstances, statement of the alteration in the Bank rate for four years. events. is capable of forcing and shaping hitherto has shown little (Commuiiicated by our London Correspondent.) 1870— Jan'ry any departure from that situation. Still, failures throughout the country have not been numerous ; on the contrary, they show a diminution compared with last year, and the number of bills of sale given, even allowing for the altered state of the law in regard to them, have been much fewer. From this fact it might be contended that in spite of some drawbacks, the business, wholesale and retail, of the country, has been carried on with a fair degree of profit. It is true, however, that the year has not fulfilled its early promise, and as it closes, although a feeling of confidence pieWe do vails, there are indications of a less assuring natare. not at all mean that business in general is unsound. Yet there are some departments which have developed growing weakness as the year has progressed. For instance, in the tin plate trade heavy failures have occurred recently which have led to the stoppage of many honses and a very considerable decrease in production. It is believed, or at least hoped, that this will exercise a good influence by enabling holders to get rid of the surplus stock and current make, at remunerative prices. It seems that the United States is our chief customer, taking several times the total takings of all other countries, the export up to December 1, the last two years, being as follows. Tin Plates and Sheets to— Exported from On at Britain in 11 monthf. 1882. Untt«dStatC8 BritiHli North America Other countries Tot«l 1881. 95.739 536.094 £2,716.509 83.457 188,065 139,924 613,o07 *4.305,191 £3,746,262 £3,457,694 6.i,79G 149,>'68 13. ... 2>s April 10. Not. 6. ....3 17. ....2i8 9. ....3 Iieo. The past year has been one • March 1880-June of fair average activity, business having been moderately extensive, but, as is generally understood, attended by comparatively small profits. The latter condition is largely due to the fact that competition in nearly every circle has now become very keen, with little prospect of be noticed that the movement to the United States increased decidedly in 1882. This has, however, been done at gradaally weakening prices, and latterly at a considerable loss. Some little anxiety has also been felt at the condition of the iron trade, a few suspensions being reported and the market closing weak, with a very slack demand, prices being almost nominal. The qaotations for Scotch pig warrants, at the end of the year, were reported at 488. lid., against 49s. 8d. at the opening in January last, while West-coast bessemer opened at Still a hopeful feeling per61s. 6d. and closed at 52s. 6d. vades the trade, and although 1888 does not open with the buoyancy of 188?, yet as stocks are not large, it is hoped that prices may not only be maintained bnt that later on they may be raised to a more remunerative level. Depression and failures in the iron trade are, however, frequently regarded as ominous, since they often precede failures in other departments; for that reason more importance has been attached to the nnfavorable turn in the market than perhaps it really It will deserves, Another trade which' has disappointed expectations, is the cotton-manufacturing industry. This is the result of several adverse circumstances. In the first place considerable stocks of goods were accumulated during the two previous years of active 16. ....4 Jan'rySO. ....3 2 Per rerel. Peret. MONETARY AND COMMERCIAL REVIEW OF GREAT BRITAIN IN 1882. 1881—Jan'ry 13. ....3'a 1882— Jan'ry A.ig. Aug. Oct. el. 20.... Feb'ry 23. ...5 Fob'ry 17. ....3 April 28. ....2>« March March 18. ....3 25. ....4 0....4 2.}.... Auiiuatl7....4 Sept. 0. ....5 14. ...a Bnt the country quickly recovered from the worst features or effects of the disturbance in Paris, and the first half of the year was on the whole fairly favorable. Bat by the last of June the situation in Egypt gave cause for great anxiety, and subsequently the Egyptian war, though brief, affected the trade generally, especially with the Levant and the East. For a time, owing to apprehensions that the passage of the Suez Canal would be seriously impeded (for a short time it being actually closed), many vessels were taken to the East by the old route. Fortunately the war did not last long, and closed so brilliantly that it might have imparted a new impetus to : had not other difficulties may be summed up briefly as trade in the meantime follows: (1) A arisen. These falling off in the demand from the United States; (2) a rise in the minimum Bank rate to 5 per cent; (3) a marked fall in price of silver, attended with a general disturbance of the India exchanges; (4) a slacked home demand, due, it is said, to a decreased use of cotton goods and increase of woolens, on account of the last two rainy and cold summers. For these reasons the market closes the year in a dragging sort of way, with prices much less remunerative Still we notice that the Oldham than at the opening. Chronicle of Dec. 30 gives a table of 69 spinning companies in that district which show very good results, and incline one to think that a part at least of the grumbling one hears must be a constitutional failing with the English spinner rather than the result of actual losses. In general, however, the table shows that the dividends paid were less in the last half than in the first half of the year. As far as the yield of agricultural produce is concerned the season has been one affording encouragement, though, owing to adverse weather during the progress of harvest work, there was in some districts disappointment. Ck)nsidering the heavy losses sustained of late years, and the low prices which have been current in the markets, notwithstanding the shortness of the crops, it is perhaps remarkable that the difficulties existing amongst the agricultural claHses have not been more serious. The yield this season of cereals, compared with the quantity of land devoted to the production, has been satisfactory, especially Production on the Continent has as regards barley and oats. also been largely augmented, the East of Europe especially At the same time the United having secured large crops. States, in spite of low prices, has increased its production, and promises a large supply of wheat available for exportation. Hence any high price for wheat in this country is for the Daring the earlier present altogether out of the question. period of the present season, that is to say, in September, the American shipments of wheat alone to Europe were between 400,000 and 500,000 quarters weekly, the result being that the stocks of foreign produce at our ontports increased rapidly, and caused much depression to prevail in the trade. In fact, owing to fairly liberal deliveries by the British farmers, our markets were overburdened, and farmers and merchants were compelled to accept very low prices, even for sound qualities of grain. The effect, however, soon corrected itself. American shipments declined from 400,000 quarters to under 200,000 quarters, and British farmers, having an excellent crop of barley, turned their attention to marketing that prefereLce to wheat. commodity in THE CHRONICLE. ^98 consuming bread, Jia far as the people maintain themselves by low; but the cost of living has been, and is likely to continue, years bread is «ot so largely the staff of life as it was thirty dairy produce being much more largely con- ago, meat and samed by the prosperous working class. During the past year supported, the price of butchers' meat has not only been well seems to be no l)nt has shown a tendency to advance, and there ^onbtof the fact, owing to the extent of the consumption and to the annual diminution in the home supplies, that meat during the next few years will become still higher in value. Foreign Importations may tend to check the upward movement, but at a rate commensurate with the consumphas also risen in price. Furthermore, the produce Dairy tion. comparative failure of the American "hog crop," leading to a largely diminished export from the United States to this The country, has resulted in higher prices of bacon, &c. working classes cannot certainly calculate upon a lower cost for living than is now the case, so that if the general trade of 4he country is conducted with the same caution as it is now, and rvoL. relapse into a condition of considerable inactivity, which will have great influence in determining the flow of gold from this side. The cause for the nervousness here at every unfavorable turn in the rate of exchange on New York is due, as is well known, to the small re.serve held by the Bank of England. On the 5th of January, 1881, the supply of gold in the Bank was £24,269,276; in Mareh of that year it reached £28,119,380, but the 28th of December it had fallen again to iej5,500,000. This year the supply of gold was £20,249,034 on the 4th of The January, and £20,398,245 on the 31st of December. fluctuations in this item, and the generil situation of the Bank each week during 18S2 has been as follows: (00,0008 omitted.! they do not increase if there are no political disturbances, the rate of wages will not probably vary materially. Telegraphy and other rapid of communication will naturally continue to exercise their influence in controlling business, and should tend to ameliorate the difficulties of business considerably. The earnings of our railroads may perhaps be taken as a means changes which we have indicated above as transpiring during the year in the commercial situation. The early months recorded a constant growth in receipts on almost all the reflex of the In fact, according to the statement of the Economist, the fourteen principal English railways showed for the flrst six months an increase of 3% per cent in earnings, which would warrant larger dividends on the properties. But for the quarter ending with September the increase was only 2-8 per cent, -and for the quarter ending with the 31st of December the increase was only 1'7 per cent, the excess over the flrst six months being barely sufficient to keep pace with the new capital expenditure. Of a similar import are the Board of Trade figures, our exports during all the earlier months showing a very considerable increase over 1881, but during the last three or four months the condition is just the reverse, the total for December being about two million pounds sterling less (than the same month of the previous year. roads. How far the irregular condition of the money market is chargeable with the depression in business circles, it is impossible to say ; but undoubtedly it has, as already stated, been an adverse influence and of considerable importance. "With the financial difficulties in France early in the year, the Bank rate advanced on Jan. 20 to six per cent, a large sum of money havign been borrowed from the London market to assist French firms as well as to give confidence in Paris with a view to preventing a serious panic, which might have had a depressing, if not un. pleasant, effect here. The^market, however, soon assumed an easier appearance, for on the 23d of February the rate was reduced to 5 per cent, on March 9 to 4 per cent, and on March '23 to 3 per cent. Daring the summer month's the market remained in a very quiet and easy condition, and not until there were some apprehensions of a drain of gold in the autumn from this country and^the Continent, on American account, was there any important movement. On August 17 the official rate was advanced to 4 per cent, and on September 14 to 5 per cent. At one period during the autumn there was a belief in a six •per cent Bank rate being necessary, as the American exchange on London had fallen to the gold-shipping point; but the possibility of money becoming dear in this country speedily checked the speculation which was in progress between this country and America, and which was the primary cause of a fluctuating and adverse exchange. It was said that America had a large -wheat crop and would ship it freely but Europe did not require so abundant a supply as in former seasons, owing to her more abundant harvests. As already stated, America did 'Ship freely, but European wants were being more than -satisfied, and consequently American producers had to accept low prices, the price of red winter wheat in Newlork having declined to a little more than one dollar p;r bushel. As soon as the commercial and financial public had assured themselves that there was no immediate probability of gold be'ng sent to America, the open market rates of discount fell away to as low a point as 2J^ per cent for three months' bank bills, while the Bank rate remained at 5 per cent During the lai ,er part of November and early in December^ however, the American exchange was once more a cause for apprehension, but that cause of anxiety has now ceased to "'* As soon as the dividends have been distributed early exist. in "'»-- i; *- U believed here that ™ year, the new our money market will | .» DEPOSITS. Bullion. 1882. Bank Securities. Reserve Public Private £ £ 4 20,249,034 Jan. " " 11 20,20->.l74 18 20,549,952 25 20,400,920 " 8,772,3x7 " 8 19,301,065 " 15 20,737,213 « 22 21,200,2^0 Mar. 1 21,780,989 " 8 22,293,'^05 " 15 23,171,738 " 22 23,960,946 •• 2!) 24,0^2,964 Apr. 5 23.317. 127 " 12 23,120,315 " 19|2H,liri(i,172 " 2623,777,007 M.ay 3|23,272,0'JH " 10|22,i)O5,:!30 " 17 22,724,440 " 2123,385,099 " 3123.151,754 Juno 7,23,141,908 " 14 23,(;4n,7C0 " 21 24,304,405 " 28 24,380,<I4I Jnlv 5 21,092,598 Feb. •• " " 1 1 6,3 4,3 3,9 4,2 5,2 6,8 7.8 8,7 9,1 9,8 9,8 9.2 10,1 10.2 6,1 5,5 .5,6 5,4 5,1 5,6 6,1 5,7 6,2 6,5 7,3 7.7 8,9 1223.677,541 4,1 19|23,(;G5,108 3,4 3,8 3.8 3.i 3,9 4,3 4,2 4,2 4,6 5,2 5,1 4,5 4,6 4.1 3,9 3,6 2.5 2,5 3.6 4,0 4,5 5,0 6.0 6.9 2623,341,419 Aug. 2 " 9 " 16 " 23 " 30 Sept. 6 '• 13 " " 22,0(>8,158 21,780,423 21,814,030 21,781, 5-i(; 21,0«2,(16- 21,601,691 20 21,737,985 27 21,982,775 4,21,486.453 Oct. •' 22,759,892 1121,194,018 " 18121.185,764 " 25 20,092.379 Nov. 1 20,162.826 " 8 20,257,212 " 15 20,307,057 *' 22 20,436,269 " 29 20,721,309 Dec. 6 20,879,270 •' 13 20 854,389 '• 20 20.897.944 '• 27'20,'.«)8.245 Gov't. Rate. * £ £ £ P. ct. 24,9 2J,7 24,6 23,7 24,0 22,9 23,2 23,3 23,8 22,9 23,7 23,7 24,0 24,3 24,4 24,8 24,9 23.3 23,7 23,6 23,6 24,9 23.3 23.5 23,9 21,8 27.6 27.4 28,0 27 4 26,4 25.7 24,1 24,1 24,0 23,5 23,6 23,2 24,0 23,9 25,9 21,3 24,4 23,2 23.3 22.6 22,0 22,1 22,4 22,0 22,1 21.9 13,2 14,8 13,7 12,7 12,5 12,5 26,0 22,3 22,2 22,4 25,8 25,5 24,1 24.7 25,9 24,7 24,5 23.0 24,6 26,3 22,0 21,6 21,5 20,8 20,9 21.2 20,9 22,5 20,8 20,6 20.8 22.5 26,6 22.6 22,6 22.7 22,9 9,9 10.1 10,9 11,0 9,2 9.9 11.7 5 12,1 12.5 13,2 14,3 13,1 13,1 13,1 13,3 13.3 13,3 13,4 13,4 13, 13,4 13,4 13,5 1.^,5 13,5 13.5 13,5 13,8 13,8 13,8 13,8 15,0 14,6 14.3 14,3 14,3 13,9 12,7 12,7 12,4 12,2 11,7 11.7 11,7 11,8 14,0 12,9 12,7 12,6 11.2 10,6 10,3 10,3 11,4 11,4 11,4 11. 2*^ lr.,1 14,0 12.7 13,0 13.3 13.6 12,5 12.1 12.5 13,3 12.6 12,9 13,6 14,5 14,0 12,9 12,t 12,8 12.4 11,7 10.7 10.7 7 22 is 22,9 22,8 23,2 21,0 23,9 24.3 25,1 24,4 23,2 23,1 22,9 22.7 22,5 22,6 22.6 22,5 22,2 23,4 24.8 So §3 Ufii o Other. 11,1 11. 11.0 11,1 11,4 11,5 10,1 9,9 10,2 10,4 9,2 9,7 0,3 10,5 11,0 10.9 11,2 11,2 10.4 5 Pet. 416 414 5 5 4 6 5^ 6 6 5 Hi 5 5 4% 4^ 3^ 338 2% 4 4 3 3 3 3 3 3 d 4I9 5 '2>a 2'ii 2'a i^i* 213 2111 3 2-->8 3 3 2618 2'8 3 3 3 3 3 2^ 3 3 3 3 3 3 4 4 4 4 5 5 5 5 5 5 5 5 5 5 23l. 23l8 2% 29l8 2 2^ I'^s li°i« 26,9 2^ 2^ 3 '3 3=8 3»8 1^1 438 438 iss 1 315,, W 3% 3>3 31|« 315,g 5 5 5 5 5 31« 5 4ir 31B. 3n,e 4 But while the Bank of England has been losing gold the of France has been increasing its holdings. In January, 1S81, its bullion in bank and branches was reported at £22.000,000 gold and £48,000,000 silver; on January 6 1882, the gold had increased to £35,943,000 and the silver had fallen to £46,000,000; but at the c" )se of the year (December 28) totals reached £38,579,000 gold and £43,310,000 silver. Thus in the two years while the Bank of England has lost £3,871,031 of gold the Bank of Frar ce has gair ed £18,000,000, and hence the aggregate visible supply at London aud Paris is now la j'er by £16,000,000 than it was two years f ;o, wljioh affords reasonable Tlie situaassur?. ice of an abundant supply in case of need. tion of the Bank of France as to its stock of gold and silver, and circulation, according to the last returns of each month in 1881 and 1882, is shown in pounds by the following— 00,000s Bank being omitted: 1882. Ciold.'Silv'r Total C'""- Gold. Silv'r Total Circn- 1881. lation latiou. . ; rxrvL Jan. 26.. Feb^ 23 Mar. 30.. Apiil 27. May 25.. June 2D.. July 27.. Aug. 31.. £ £ £ £ 27,5 33,0 34,5 35,4 30,6 38,9 39,2 40,0 39,7 33,8 38,5 46,0 45,3 45,9 45,9 46,2 46,4 46.3 45,9 45,6 44,8 43,9 43,6 72,4 114,0 111,0 106,6 106,9 106,3 106,9 107,4 109,6 Sept. 28.. Oct. 27.. Nov. 30.. Dec. 28.. 38,6 783 80,4 81,2 82,8 85,3 85,5 85,9 85,3 83,6 82,4 82.2 10ti,6 109,0 111,6 111,6 £ Jan. 27.. 21.0 48,5 Feb. 24.. 22,0 48,6 Mar. 31.. 24,0 49,1 April 28.. 23,8 19,2 May 26.. 24,9 49,4 Juno 30.. 25,9 49,7 July 28.. 25,4 49,6 Aug. 25.. 24,9 49,8 Sept. 29.. 21,3 49,2 Oct 27.. 24,2 47.9 Nov. 24.. 25,4 47.0 26 2 46.5 Dec. 29 . £ £ 101,0 99,1 101,0 101,6 100.6 103,9 104,0 100,9 7.3,5 104,1 72,1 108,2 72,4 109,9 72.7 lll.l 70,4 70,6 73,4 73,0 71,3 75.6 75,0 74,7 at Paris have ruled quite uniform since early in March. During the financial difficulties which began almost with the new year, the Bank rate went up to 5 per cent and the open market rate was at the same or higher. In fact, at that period bills that could not be re-discounted at the Bank But the of France were very difflcr't to negotiate at all. recovery was speedy, and since the last of March the Bank rate has remained at 3/^ per cent. The rates for money Jakuabt THE CHRONICLE, 37, 1883.] FAILURES IN 1882, Uble of mercantile 99 AND 1878 1881, 1880, 1879, 1877. from 1877 to 1883 inclaaive, as prepared by the Mercantile Agencjr of K. G. Dun & Co. This was intended for insertion two weeks since, bat the crowded state of oar oolnmns has prevented its Appearance antii now. Still we make room for it even at this late day, as it will be needed for f atare reference. Below we give ia fall the failures 1882. 1881. 1880. 1877 1878. 1879. Nuinb'r States and Territories. 111 Busi- No. ness. Fail ure», Amount Enttem, ! liostoi, J 5,66^ Kliodc Island 14.411 Couiicvtlciit 88,689 ^fo. Tfo, No. Amount of Amount of FallAmount of FailFailLiubllitlos. Uabillties. UablUtles. ures. ui-es. ures. Total Eastern 61 942,014 76 54 S9 327 39.5,04.% 51 147,348 2.888,161 No. Failures. Amount of LIubllltles. No. Failures. Amount of UabiUtieik $ $ 12,70-1 Maiiip 7,6.30 New llninpshiro.. 6,60" Vcniioiit ^1 fifin ( MiisMicliusctts.. 41,000 of I.iabiUties. 442,708 332,404 )5-.,000 22 319 3,835,795 73 32 32 223 106 79 178 687,230 151,684 251,725 796,600 417,748 339,736 4,820,592 3,613,200 1,073,817 335 170 93 3,094,362 138 2,474,844 170 111 113 604 325 130 281 1,731 87 62 63 1,385,554 1,931,400 10" 6,064,4.50 9' 3,856,4.50 96 88 2,155,419 898,963 77 130 1,612,011 772 13,491,400 772 11,071,156 723 6,460,117 970 15,577,282 444 455 113 431 109 7,144,217 21,212,308 1,871,998 429 4,851,074 388 14,674,314 461 5,617,766 415 19,459,744 89 984,556 291 2,943,502 131 3,842,222 18 127,400 53 820,163 14 157,939 735 8,389,378 519 13,303,969 143 1,201,086 522 8,242,649 189 3,086,116 14 186,137 85 916,874 33 207,982 836,788 958,707 1,456,200 854,739 149 2,037,400 762,728 70 U6 480 130 114 314 6,659,094 6,469,300 3,599,607 5,821,649 35,294,026 1,353 20,088.007 1,84.3,350 12,707,643 11,279,523 2,521,981 4,380,588 738,2a» Middle. 79,432 89,548! 22,786 New York New Yorlt New Jersey City & Br-lyn 67,.'smi reiiiiRVlvaulrt 19,215! Pliiii'i.lclphia City 3,59'i'Delinvaro 13,500iMar>-Iaiid 3,077, District of Coliuubla 348,742 80 23 Total Middle. 1,667 12,030 137 45 134 93 138 VIrsrinia West Vlrsinia 8,583, North Carolina 5,794 South Caroilua ll,2lj, Oeorsla 2,50?! Florida 7,361 7,187 9,399 17,246 6.593 19,35^ 12,217 5,6.55,815 4,005,887 79,400 1,261,140 154,887 4,536,346 1,853„522 4,341,787 73,200 2,484,991 109,304 250 134 7 75 12 41,385,652 1,372 32,924,538 1,472 33,953,292 2,290 35,334,191 969 15,791,084 1,012 15,99l,«46." 863 42,501,731 865 32,490,974 168 4,741,903 177 3,313,958 770 18,714.270 632 15,540,795 2.57 10,373,700 175 4,946,143 23 281,300 15 193,000119 2,568,986 129 3,003,634 30 320,202 44 1,090,100. 3,199 95,293,466 3,049 126 1,195,615 369,011 [159 1,067,200 70 1,788,522 66 3,738,134 103 133,288 11 874,062 43 77,173,750- Southern. I 6,79 12 77 17 85 197 178 204 95 131 164 Alal>!ini.a >ii8sissippl jA>ui8iana Texas Arkansiie Keutuelty Tennessee 126,281 Total Southern.. 1,618 2,235,299 389,158 931,8^2 90*,542 1,930,563 167,320 1,188,276 98 41 83 9u 6.84,558 85 14 63 48 708,180 96,105 411,638 393,230 132 2,379,548 77 1,018,763 104,500 16 104 2,33.5,957 15:i 3,162,948 1,644,254 106 234 102 754,724 3,716,096 1,632,804 670,383 188,233 591,874 223,352 2,041,340 1,942,129 1,604,577 2,713,920 952.532 1,083,413 1,393,353 93 187 20,998,123 1,439 16,469,412 1 47 55 54 155 26 104 105 81 848,666 124,000 1,000,290 2,497,740 574,323 120,077 202,109 991,374 27 loo 73 80 19 24 759,694 700,549 76 90 4,75.',537 40 89 59 119 22 51 91 26,322,961 1,078 17,271,920. 1,073,6611 86 61 1,546,577 1,569,671 4,830,402 2,733,725 407,653 5,905,756 2,205,873 835 8,813,442 1,076 15,876,703 1,415 159 48 138 1,493,210 340,072 1,030,000 1,031,219 1,223,892 425,127 1.32, 1 1 439,569 1,168,501 1,181,631 119,000- 690,000 1,079,986 893,519 1,890,696 270,775 6,994,428 1,201,110 9ft 127 228 41 220 194 70(1,262 1,312,705 138 23 227 Western. 59,433 (Ohio C'lucinnati City. i 32,488 Indiana < 58,051; 288 Illinois Chieago City ( 31,787 Mieliif<aii 24,411 Wisconsin , 38,217i Iowa 14,088! Minnesota Missouri 37,4491 5 , St. Louis City i^ 14,713 Kansas 7,848, Nebraska 308,485 Total Western 2,68e,S17 4' 124 158 103 189 97 194 70 231 79 26 IIM 1,950 . 76.>,734 l,«»8,56o 1,193,740 2,23,4,584 1,456,870 1,106,942 1,415,773 355,990 1 ,446,450 2,701,720 3,510,96^ 450,023 187 1,292,067 48 1,507,806 78 108 3 (>83,2f9 58,5,718 1,!I80,700 1,7.50,832 1,46:1,616 926.(;01 20,1 T 75 73 163 55 262 132 391,827 1,062,720 1,878,331 1,704,810 360,415 1!52 38 89 91 43 1,326,318 514,241 842,847 483,802 780,134 260 3,230,176 74 1,177,699 122 1,.509,791 194 3,396,480 83] 2,237,300 1.53 2,285,21)6 179 74 560,207 495,555 1,807,9S9 429,972 1,186,216 446,953 339,919 1451 1,886,345 152 1,121,90.) 92 82 >-5 54 112 106 12,-1 2,063,894 1,241,697 83 284,394 56 2,144,000 66 392,043 66 221,300 19,019,175 !,504 15,594,732 1,171 11,519,419 1,608 21,207,519 515 10,799,300 216 7,.570,311 374 5,233,.549 470 7,672,931 362 12,926,800 369 6,627,709 163 2,317,382 400 3,428,100 149 1,052,403 101 1,036,416 167 4,171,300 44 647,902 106 825,400 3,436 373 5,866,818126 3,710,-584 352 6,718,700 454 8,117,091 206 10,065,300 310 8,032,903 154 2,128,710 350 2,604,100 114 1,291,853 81 717,232 141 7,239,830- 50 45 355,635. 338,300 64,309,503 2,756 56,187,074 Pacifle, a)ul Territories. 27i Indian Territory 4,02- Oregon California 20,007 5 San Francisco City \ 35 237 138 169 29 Colorado Nevada Utah New Mexico W.Vom ug 15 12 '"5 I Idaho Dakota Montana Washington and Ter's of 296,214 1,437,000 1,3..3,000 687,479 267,000 18,200 51,500 71 184 111 78 41 U 534 5,005,730 9 5 4,1100 4 4 12 4 63,000 121,108 4 12 18 99,393 630,000 731 6,653,214 495 5,096,094 68,0.10 674,342 1,123,700 l,79S,7ii0 540,500 541,900 64,000 33,-00 9,000 49,000 19,000 27,500 80,588 44,700 2 31 7 totals 33 169 106 97 24 10 4 12,500 104,9o2 71,000 128,300 454,000 20 Total Pacific 61,133|Dominion 1 33 Arizona Alaska Grand 193,500 1,552,000 2, 95,000 1,260,19 182,200 274,071 135,500 3 5 13 251 221 4' 34 10 8 12 438,045 13 2,650,736 5,317,118 310 222 58 33.5,661 42.5,100 3 383,854 26,639 25,400 17 10 11 173,500 6,899,539 4,700,591 541,542 419,797 121,050 63,900 62,050 29 288 163 58 56 266.1703,252,852 8,483,424 880,103 659,736 11 44,30O 16,30O 4 4 7,20O- 4 "\i 3 58 4 68,000 90,000 171,303 21,500 714 9,933,338 83,000 46,000 31,300 8 207,800 54,000 16,900 81,307 691 13,163,176 636 13,949,185 8,738 101,547,564 3,582 31,155,932 4,735,65,752,000 6,658 98,149,053 10,178 234,383,132 8,872 190,669,936 Canada 787 . 8,587,657 6351 5,751,207 907 7,988,077 1,902 29,347,937 1,6971 23,908,67711,892 25,523,903- (From our own correspondent.] London, Saturday, January 6, 1883. BATES OF EXCHANGE AT LONDON AND ON LONDON The value of money has declined considerably since the comAT LATEST DATES. mencement of the year, but the directors of the Bank of Eng-^ MXOHAlfOE AT LOtfDoy-Jan. Oii- Time. Amsterdain Amslerc'^ain Rate. 12-2 912-3 J mos. 12 3'b 812-6 Short. . Amwi-rp... Hainluu-g 6. EXOHAHaE OH LONDON. Latest Kale. Jan. Jan. 23-48:!ta25-53% Jan. 20-61 a20-H3 Jan. .. 20o2 lierliii 20-61 Checks 23-20 3 inos. a5-43 Pari.s Vieiiua Petersb'g 8t. Genoa.. Madrid Cadiz I-isbon Copfiihacen. Ale.vandria.. New York... Bom Day .... 60 days Calcutta.. 60 days Hong Kong, j Sute. Short. 12 09 Short. 20-32 20-32 20-3313 a20-60 ®20-6i Jan. Jan. ®2.=>-23 Jan. ®23-.=.0 Jan. 12-lli4®12-13% Jan. 231,, a233,„ Jan. 25-75 S25-80 Jan. 46 ®4ei8 Jan. 46 ®40is Jan. 51i:i,6 ®51l5|g Jan. 18-41 ®18-45 iJan. Frankfort.. Paris... ... _. I^«»te. Checks 3 moB. Short. Is. 7J4d. Is. 7i4d. 23-23 119-30 on London is at 4 '80 the JE sterling. Large importationsof produce are, however, expected from the United States durtion ing the next few months, and our indebtedness to that countrylikely therefore to be considerably au£;mented. Trade her»is almost certain to be conducted at ieast upon the same scald as last year, larger shipments being anticipated to the Levant. is 3 mos. 25 25 3 mos. 93 Tg 4-80 Egypt and the !Jan. Jan. Jan. Jan. Jan. Jan. 25-2 land have not considered themselves in a position to reducetheir quotations. Short loans are now obtainable at 2}^@2Ji per cent, while the rate of discount for three months bills ia3% to 3^ per cent. The question of a revival of the export demand for gold for the United States is again revived, but there is no prospect of any immediate movement, as the quota- 6' Short. 6 4 mos. 6 6 6 Is. 7B,„d. Is. 7>4d. far East. Under the present system, however, of conducting commercial operations the money market is not likely to be affected more in 1883 than it was in 1882 ; but for 38. 7%d. the present, at least, .58 O'^S^ be maintained at 5 per cent to see how the Bank rate can when the open market rate fa> it is difficult / THE CHRONICLE. 100 three months bank bills does not exceed 3^ per cent. The Bank of England return exhibits no changes of importance, the alterations being those usual at this period of the year, on the distribution of the dividends. The proportion of reserve t o liabilities h»s declined to 29% per cent, which compares with 31% The following per eent last year. tions for money. Far Bank eent. 5 rate are the present qaota- ... Per cent. rates .Bias's "4montlis' bank bills 3^9'i^ 6 montlis' bank bills 4 & 6 montlis' trade bills. 4^93 Open market Open-market rates SasSS^fl 30 and 60 days' bills 33sa3>2 3 mouths' bills The following are the rates of interest allowed by the jointstock banks and diseoant houses for deposits: Per eent. 3^3®! Joint-stock banks Discount houses at oall Do Annexed 3H 3^3 with 7 and 14 davs' notice a statement showing the present position of the Bank of England, the Bank rate of discount, the average quotation for Entflish wheat, the price of consols, the price of middling upland cotton. No. 40 mule twist, fair 2d quality, and the Bankers' Clearing House return, compared with the three previous years is 1883. S. 1S82. i 1880. 1381. » 26.413.700 26,161,075 26,953.840 Public deposits 6,289,726 6,266,724 9,072,151 Other deposits 25,927,678 21,850,771 24,735,025 Governm't securities. 11,375,807 13,237,477 15,858,146 Other securities 29.115.715 26,004,128 23,650,128 Kes'veofnotes&coin 9,681,091 ,9,837,959 12,313,436 Coin and bulliou in both departments.. 20,353,791 20,219,034 24,269,276 Proportion of reserve 29-84 to liabilities 31% 36% 5 p. c. Bank rate 5 p. c. 3 p. o. 101 14 Consols 100 9834 En^. wheat, av. price 40s. 1 Id. 44s. 3d. 4ls. lid. Mid. Upland cotton . 613, sd. allied. e9i6d. Ko. 40 mule twist. . lOd. 10%d. 103id. Clearing-House ret'n. 143,920,000 159,719.000 161.622,000 Clroolatioii s. 27,778,405 5,559,672 32.167,860 30,754.783 20,253,511 14,850,018 XXXVI. [Vol. At the weekly drawings Is. 7 l-16d. for bills in December. during the year the rates have ranged for bills: On Bombay from Is. 8 3-16d. in :fall (April 5 and Madras from (April 5 12), the lowest was rate 1?. 7-062d. (Dec. The highest average Is. (Dec. 7-437d. 3-lCd. in full (April 5 20). 12) to Is. 7 l-16d., 52 per Is. 8 3-16d. in fall (April 5) to Is. cent (Dec. 6). 5), the lowest '8 and The highest average cent (Dec. 20). and The highest average rate 6). 12) to Is. rate was was Is. 8"187d. 20 and 27). On 7 7-lCd., 62>^ per Is. 8'187d. (April On Calcutta from Is. 7 l-16d., 52 per cent (Dec. Is. 8'167d. (April 5 and 12), the lowest Is. 7-062d. (Dec. 20 and 27-. The total amount of silver and gold shipped to India from Europe during 1882 was (of which £1,380,405 was gold), viz., to Bombay, Madras £150,806; to Calcutta £659,635. The total amount daring 1881 was about £3,764,460. The supplies offering being light, and the rates of exchange on India having improved, the silver market has been flrmeri and the price of fine bars is now 50%d. per ounce. Mexican dollars are quoted at 49d. to 49%d. per ounce. The suspension has been announced this week of Messrs. Francis Carrill & Son, merchants and shipowners of Gresham House, London and Liverpool. The liabilities amount to about abont £7,450,457 £6,640,016; to £300,000. The directors of the Grand Trunk Railway Company of Canada have issued their report and statement of accounts from Jan. 1 to Aug. 11 last, the date of union with the Great 27,629.023 Western Railway of Canada, and also the report and accounts 39 of the latter company from Feb. 1 to Aug. 11. From these 3 p. c 97% it appears that the gross receipts of the Grand Trunk Company 46s. lid in the period named amounted to £1,334,457, the working ex7ii«d. lid. penses to £954,954, the charges for interest and rental to 103,987.000 £262,651 4s. 4d., and the net balance to £170,086 8s. 7d., to which The following are the current rates for money at the prinia added the sum brought down from Dec. 31, 1881, £498 Os. 5d,, cipal foreign centres: making in all £170,584 9s. at credit of dividend account. This Sanii Open Bank Open rate. market. market. rate. has been appropriated to the payment of dividends of £3 Is. 5d. Pr. ct. Pr. el. Pr. ct. Pr. ct. per cent on the first and second preference stocks, leaving 313 Paris Brussels ^.... 4 3H Berlin 434 5 Madrid and other £424 4s. 5d. to be carried forward. The ccounts of the Great 4ia Frankfort cities., i^ 4% 4'a ~ Spanish cities.. Hamburg Vienna 4% 5 Western Company show gross receipts to the amount of Amsterdam o^ 514 St. Petersbure... G^'S^ 6 A large number of public companies are now announcing £466,099 lis. Id., working expenses £351,935 8s. Cd., interest £109,758 15s. 4d., and a surplus of £7,318 4s. 4d.. their half-yearly dividends. The following have already been This being insufficient to meet the dividend on the five per cent declared: London & Westminster .5 Bank, 9 per cent for the half-year ended December 80, being the same as for the corresponding period of 1881 ; Union Bank of London, at the rate of 15 per cent per annum, against 15 per cent in 1881; National Discount Company, at the rate of 13 per cent, against 12 per cent; City Bank, at the rate of 10 percent, and to add £25,000 to the reserve fund, which will then amount to £380,000; Bir- mingham & Midland Bank, £1 per share; East Argentine Kailway Company, 13s. per share for the half-year; Bristol & West preference stock, £6,081 10s. 2d. has been set apart out of items on the books at that date. Tne first ordinary general meeting of the united company is to be held in March next, at which the accounts from August 12 to December 31 will be formally submitted. The report concludes " Meanwhile, the at credit : the proprietors on the benefits already derived from the joint working of the two systems ; on the marked success which has so far attended the substitution of directors congratulate of England Bank, 6 per cent per annum; Wilts & Dorset Banking Company, 24s. per share; Bank of Madras, 4 per cent for the half-year. identity of interest and unity of management in the place of separate control and continual dissension ; and on the commencement of a new era with improved prospects, under Tenders were received at the Bank of England on Tuesday for £1,455,000 Treasury bills. The whole amount was allotted in bills at three months; tenders at £99 4s. receiving about 65 arrangements equitable to the vaiious interests involved, and satisfactory to all classes of the proprietors of the now united company." per cent, and above in full. This price is equivalent to a discount charge of about 3 3-16 per cent. Tenders will be received by the Bank of England on Thursday next for £1,000,000 New Zealand .Government 4 per cent stock, to rank pari pesm with the 4 per cent consolidated stock previonsly created. cent, and the The minimum pxice of issue is months' interest^is payable;on May 1 next. for public works, immigration and other purposes. Australian Banks invite subscriptions to £4,000,000 Victoria (Australia) government debentures, bearing interest at 4 per cent per annum. The minimum price of issue ifl par, which includes accrued interest from the 1st of January. The London agency of the Philadelphia & Reading Eailroad Company give notice that, to equalize the price at which the 5 per cent consolidated mortgage bonds were issued to allottees under the prospectus of June 21, 1882, with the reduced rate at which they are now offered to holders of defened coupon scrip on payment of the coupons due May 1. 1883, the .sum of £4 68. 9d. additional will be paid on each coupon for $25, and on each coupon for $12 50. A large business has been transacted in India rupee paper during the past week, allotments of bills and telegraphic transfers having been made ^each day. The rate is now Is. 7 ll-32d. the rupee. During the past year the rates for India Council -drafts have'ranged from Is. 8 5-16i. for telegraphic transfers at the beginning of, April (special allotments), to 38. 4d. ' : Quarters ended.- Uch. 31, 98^ per first six The lean is The ten Associated of £2 The follov/ing is an abstract of the gross produce of the revenue of the United Kingdom, in the undermentioned periods, ended Dec. 31, 1882, compared with the corresponding periods of the preceding year June 30, 1882. 1882. £ A Customs Sept. 30, 1882. . Tear ended Dec. 31. Dec. 31, 1882. 1882. £ 4,764,000 4,652,000 4,702,000 5,310,000 19,458,000 Excise 6,868,000 5.880,000 6,205,000 8,155,000 27,108,000 Stamps* 2,890,212 3,130,000 2,700,000 2,850,000 11,570,212 Laud tax. 9.i9,000 68,000 13.000 5,000 1,045,000 House duty... 1,101,000 502,000 1 17,000 25,000 1,745,000 Property find iucome tax. 6,547,000 1,860,000 660,000 815,000 9,882,000 FostolHce 1,830,000 1,790,000 1,710,000 1,830,000 7,160,000 Tel'Bh service. 375,000 410,000 475,000 430,000 1,690,000 Crown lands.. 105,000 80,000 130,000 380,000 65,000 Int. on advan's 231,386 357,038 227,020 384,937 1,201,001 Miscellaneousl 1,338,629 1,247,608 1.486,107 1,033,211 5,105,645 Totals 27,009,227 19,976,750 18,360,727 20,998,148 86,34 1,858 Tear ended Quarters ended. . Customs ifch .31, Jiine 30, Sept. 30, 1881. 1881. 1881, 1881. 1881. 4,587,000 5,865,000 2,792,989 64,000 456,000 4,706,000 5,230,000 8,212,000 2,900,828 10,000 20,000 19,294,000 27,252,000 11,369,501 1.059,000 1,686,000 4,771,000 Excise 6,890,000 Stamps' 2,876,196 Land tax 973,000 House duty... 1,107,000 Property and income tax. 7,670.000 Postotliee 1,705,000 Tel'gh service. 375.000 Crovm lands. 95,000 Int on .advan's 244,193 Miscellaneous t 1,172,735 . 6,-295,000 2,739,488 12,000 103.000 2,005,000 775,000 1,760,000 1,670,000 405.000 450,000 80,000 65,000 364,240 234,048 1,379,739 1,084,991 Dec. 31, Dec. 31, 618,000 11,069,000 1,740,000 6,875,000 400,000 1,630,000 370,000 130,000 389,588 1,232,069 1,209,144 4,846.609 Totals... 27,869,124 19,758,968 18,134,527 20.919,560 80,682,179 Januart THE CHRONICLE. 37, 1888. J lacreaoe and decrease in the periods ended Deo. 31, 18S2, as compared with corresponding periods of the preceding year .-!) mot. ended eniltcl --I'oar ended i)ec. 31. 1S92.-, 31. 188'i.— Df p. 31,1888.Inerenie. Decrease. Jner'te. Dee'ie. Increate. Uecreate. ^Qitarler /)«c. £ £ & £ 104,000 l-U.OOO 200,711 14,000 60,000 Wmo 1,186,000 285.000 60.000 lO.OCO Crown lunds ou adranccs MlsoeUaucoiut t 18,201 4.651 Int. jp Ji 171,000 132,000 57,000 Stiinps' 110.828 ISO. 696 I.aiiil tux 5.000 H.)UMi> iliity 5.000 05,000 Piop'tv & 197,000 03.000 IfiO.OOO PoMt ottlcc 90,000 Tcl.upli service. ;10,000 00,000 110,000 riistoTUs lOxciHo 175.033 31.003 239.030 03,112 432.000 353,11273.-.. 937 213.261 1.037.747 1.375.069 Totals Net iDcreaae, £78,5t)8. Net lucreaso. £522.576. Net deoreaae. £337,321 •EicliidlnK fee. Ac stamps. I Including fee, &c., stamps. Bather more business has been passing in the wheat trade daring the woelc. The demand has been almost entirely for home consumption, and prices have been steadily maintained. The weather has been more favorable in the country for agricultural work, but sad accounts reach us from most parts of the Continent. The following return shows the extent of the imports of cereal produce into the United Kingdom during the first eighteen weeks of the season, compared with the corresponding period in the three previous seasons: IMPOnTS. 1882-83. 1830-81. 1879-30. 18S1-S2. cwt. 23,131, 688 22.4,59.850 22.593.850 26,980,702 Barlej7,450,389 5,370.340 6,176,390 6,901.703 Oats 5,554.790 520.044 4,595,863 5,987.075 Peas 766.514 815,054 1,119.155 1,046.188 Beana 690,669 577,714 890,551 1,091,993 Indian corn 4,012,900 9,293,717 13.640.089 8.315,61)7 Flour 5.492.628 2,688.557 4,639.437 4,431,605 SnrPLIES AVAILABLE FOB CONSUMFTIOS (18 WEEKS.) 1882-83. 1881-82. 1880-81. 1879-80. Imports of wheat. cwt.25,131. 686 22,459.850 22,583,850 26,980,702 Iiuimrts of Hour 5,492,023 2,688,557 4,639,437 4,431,605 Wheat Sales of 14,511,300 13,090,500 8,524,700 Total 46,091,311 39,639,707 Av'gc price of English 40,313,787 39,937.007 wheat 15,430,000 for seasou.qrs. 4l8. 4d. 47s. 4d. 428. 7d. 478. 7d. 17,000,000 30,000,000 29,012,000 ; iMPOETa AifD ExpoETS FOB THR Week.— The Imports of last week, compared with those of the preceding week, show a decrease in both dry goods and in general merchandise. The total imports were 16,310,800, against |!8,755,I24 the preceding week and $8,200,964 two weeks previous. The exports for the week ended Jan. 23 amounted to $6,574,998, against ' $7,007,203 last week and $7,349,921 two weeks previous. The following are the imports at New York for the week ending (for dry goods) Jan. 18, and for the week ending (for general merchandise) Jan. 19; also totals since the beginning of first week in January ,itloat to tne Un'd KiUBd'm qrs... 2,412.000 2,941.000 The following shows the (quantities of wheat, flour and Indian com afloat to the United Kingdom : At present. qrs. 2.123,000 2(9,000 116.000 Wheat com Last week. 2,195.000 217,000 103,000 Last year. 2,771.000 204,000 231.000 1880. 1881. *3,%07,790 7,170,844 5.2.274,274 $11,068,631 $7,875,335 16,193,624 Dry goods Total Since Jan. London. Wed. 5014 50% 503i8 503,a Consols for money 1017,8 10111,8 lOllSifl 102 Consols for account lOlllio 10116,8 1021,8 IO219 Fr'ch rentes (in Paris) fr. 78-75 77-70 76-80 77-65 105 14 U. 8. .5s ext'u'd into S'as] 105U 105% 1C6 0.8.41^8 of 1891 11618 lltiU 1161a 1161a U. 8. 48 of 1907 12258 122=3 122H 12258 Ohio. Mil. & St. Paul.... llOMj 111 110 109% £rle, common stock 40 13 40'» 4lM8 4118 Illinois Central 148 l-j 118% 148''8 I49I4 N. Y. Ontario <fe West'n. 27^ 27^8 2738 2714 Penn.'fylvanla 02 :U 62 14 0208 62% Philadelphia & Reading. 29^1 28''8 2918 28% New Ynrk Central. 131 14 130% 130% 131>s Silver. pero2 d. Liverpool. Flour (ex. 8tate)..100 lb. " Wheat, No. 1. wh. " Spriup, No. 2, n. " Winter. West., u Cal. white " Com. mix., West. •• Fork, West. mess, .fl bbi. Bacon, long clear, new.. Beef, pr. mess, new.^tc. Lard, prime West. 9 cwt. Cheese. Am. flncsL Sat. Mon. a. d. t. 12 6 12 9 9 9 9 d. 9 3 9 6 10 17 89 (! d. 6 9 9 9 3 9 80 5ti ()7 t. 12 9 3 Tues. 6 10 SO 47 6 89 56 6 07 li 1 Wed. 1023,8 1023,8 77-67 Is lOeifl 106 11919 1221a lieu 109% 40 13 I491U 2714 9 9 3 9 1 GIO 6 10 80 47 89 56 6 67 6 80 47 6 S9 56 67 3 1! $7,130,595 16,136,093 : For the week. Total 3 weeks. 1882. 1883. $7,140,084 13,252,797 $7,277,299 12.091.770 $6,574,998 14.337,124 $17,430,859! $20,392,881 $19,369,069 $20,932,122 table shows the exports and imports of specie York for the week ending Jan. 20, and EXPORTS AMD IMPORTS OF SPECIE AT ». 9 9 9 Week. Since Jan.l, *- $-, $. 4,687 24.754 20,000 20,000 1,285 li',326 26.356 1,100 $20,000 5,000 ^21.285 6,500 3,980 $19,207 13,798 2.676.439 $458,250 $953,679 48.900 Mexico South America All other countries. 13114 12 YORK. Imports. Since Jan.l.] West Indies 2738 d. KEW Export*. 9. Germany 150 6 9 9 9 3 9 1 6 10 RO 47 89 50 07 6 1881. $0,744,879 10,635,980 . Prev. reported.. Total 1883. Total 188.!. Total 1881. Thiiri. ». $9,191,954 20,159,970 4.573.321 NEW TORK POR THB WEEK. EXPORTS PROM Oreat B ritaln France 1091a 4012 28% 12 $7,331,144 15,131,824 Week. 122 14 2858 131 6 $6,310,600 Hold. 62 la d. $10,887,366 : 62 19 ». 3,951,158 $6,225,432 «24.068,959 $22,462,968 $29,351,924 $23,266,688 In our report of the dry goods trade will be found the imports of dry goods for one week later. The following is a statement of the exports (excluslTe of specie) from the port of New York to foreign ports for the week ending January 23, and from January 1 to date at the port of New since Jan. 1, 1883 5038 10218 IO214 77-35 12 9 *1. 737,279 Total 3 weeks The following Thurs. 1883. 135,029 7,452,337 1830. daily closing quotations for securities, &c., at London, and for breadstufis and provisions at Liverpool, are reported by cable as follows for the week ending January 26: 1882. g-3 1. goods Qea'imer'dise. Ensllah Market Reports—Per Cable. The KEW TORK. FORKIOM IMPORTS AT For Week. Di-y Supply of wheat and Flour Indhin dUm GeaTmer'dlse.. Vlsllile supplv of wheat in Uiiifil 8t'8.. bush. 20,600,000 flour In the First National Bank of Pittsburg, Pa.. Alex. Nlmink. Pre(ldeot,la piiioo of J. Laughllo: Cbaa. Bpeer, Auistnnt ( -ixlilnr. In the Anhtnliuin National Bank, O., P. V. Oood. President. In of I-. W. Binlth! M. O. Dick, Vlcc-Presldeut, In place of P. F. Good In tliA People's National Bank of Araerlciis, Oa.. 11. C. Bogley. Ca«hlar In the MunufactiirorR' National llniik of Apploton. Wis., A. Oalplii, Oi (!ashlcr. Instead of A. Oalpln, Jr. In the Hamilton Nattoiml Hank of Boston. Maiia.. A. H. Bean. Pmaldoiit. In place of H. S. Blllnl^hard; no Vle«-PreR. In plao« of A. II. Bean In the National State Bunk of Burlington. la , J. T. Romey, Proaidant, In place of £. I>. Rand: T. O. Foster. Caahler. la place of jf. T. Remey; no Asssistarit-Cashier in place of T. O. Potter; K. D Rand, Vice President, in place of J. C. Peaaler. In the First National Bank of Braddock, Pa., Jesse H. Upplncott, Pro«lileiit. ill plooe of p. c. Knox. In the Fourth National Bank of Columbus, O., Chas. II. Frlsble, President, in place (if W. H. Ido. In the Union National Pniik of Chicago, III.. W. C. D. Qrannla, President, In iilaco of C. T. Wlicelcr, C. B. Farwoll, VIoe-Presldent, in place of W. C. D. OrauniH. In the Exchange National Bank of CInolDnatI, O., B. F. Polner, Pre«ldeiit. pro tem; il. Colville. VlcoPresldent. lu the First N;itionBl Bank of Cambridge, Canibrld7oport.'>Ias«., Daniel U. Chamberlin. President. In place of B. Tilton. In the First National Hank of Corry, Pa., H. O. Lakln, President, In place of A. Davis. In the Greene Co. National Bank of Carrollton. Ills., Oman Plerson. Cashier, in place of R. Pieraon no Asslstant-Castaler In place of O. PlersoD, In the First National Bank of Cardington, O.. E. J. Vaugban, Cashier; no Assistant-Cashier in place of E. J. Vaughan. In the First National Bank of Cedar Falls. la.. W. M. Fields, President. In the Covington City National Bank, Covlugtou. Ky., J. D. Shutt, President, lu place of W. M. M. I,ee. homO'growu produce 101 d. $52,210 203,498 3,921,086 Silver, Great Eiitain France 3 9 1 6 9 West luli.s Mexico South America 80 47 6 89 55 6 67 6 C>ommc vctal ami I|Xiscgllaacous j|-eips 14,000i German, 6.178 29.155 4.920 All other countries. . W. Wood, President: Joseph S. Shearer, Cashier. 2,861— The Old National Bank of Camliridge. Ohio Capital, $100,000. McMahon, President; A. U. Murray, Cashier. First National Hank of Macon, Mo. Capital, $50,000. William Logan. President; John Suovern, Cashier. 2,863— Tlie National Bank of Elyrin. Ohio. Capital, $130,000. Ileman Ely, President; Johu W. Ilulbcrt, Cashier. S. J. 2,862-The The following changes have been made in the officers of national banks: lu the Quakertown National Bank, Pennsylvania, Chas. C. Baring, Jr. Cashier. In the Fifth National Bank of Providence. R. I.. Wm. R. Dunham. Cashier, in place of A. G. Stillwell; no Assistant Cashier In place of W. li. Dunham. 6.326 22.042 76.289 6,080 1.206 Total 1883. Total 188a., Total 1881., National Basks.—The following national banks have lately been organized 2,860— The Fort Plain National Bank. N. Y. Capital, $200,000. Edwin f- $472,250 $1,003,785 489,741 822.780 130,357 324.265 $40,253 12.529 117.465 $111,637 83,7.54 167.033 Of the above imports for the week in 1883, $6,517 were American gold coin and $7,311 American silver coin. Of the exports during the same time $20,000 were American gold coin. Anction Sales. The following, seldom or never sold at the Stock Exchange, were sold at auction this week by Messrs. Adrian il. MuUer & Son — : Shares. 103 Homo Insurance Co Shares. 145 100 American Loan andTrast Co 103®105ii 10 Manhattan Life Ins. Co. .553 45 Meiclianls' National B'k.1.33 36 Brooklyn Gas Light Co..ll2>3 l-23i9 20 Brooklyn Bank 40 Butchers' and Drovers' 20 Highland Park Co., Col.. 48 5 Manhattan Fire Ins. Co.. 30 25 Brooklyn Firo Ins. Co. (Hypothecated.) 175 5 N.Y. Concert Co., Umlfd, with free adm'n tloket, flOl for 12 Cent. P'k N. & E. Rl v. Co 144 Bonds. of New York 7«. CoDsol'd st'k. due 1900. Bank 145% 17 Franklin and Emporium $1,000 City Nat. Fire Ins. Co 115 12 Tradesmen's Nat Ban(...116 138>s and iat THE CHRONICLE. 102 ThefoUowInK divlrtenrta Prime bankers' sterling bUls on London Prime commercial Documentar.v commercial have recently heen aunouaoed: Name of Company. Per When Cent. Payable. Uailroads. Feb N. Y. Pr. &Bost. (Stou'Kton) qnar. Banlu. Feb. 5 Corn Exchange Insurance. Broadway nisoellaneons. 3>3 Feb. 1 Jan. 25 to Jan. 31 1 On dem. On dem. 10 3 Feb. — Pullman's Palace Car (guar.) 10 Feb. 1 to Feb. 11 On dem. 10 First National N>!W York Natio-ial Exchange Second National SlitU National Paris (francs) Amsterdam (guilders) Boohs Olosed. (Days inclusive.) Feb. 1 15 Feb. 2 to Fell. 15 JAN. 26, 1883-5 P. W. Situation.— The Bank Financial and The Money Market NEW YORK, FRIDAY, of England has reduced discount rate to 4 per cent its at 5 per cent since Sept. 14, 1883. This indi.-ation of greater monetary ease in the foreign markets has a considerable influence in New York, since the reduction of the Bank rate in this case is even more significant as showing what they expect in the future than what the status is at the present moment. The dealings in stocks and bonds for foreign account have been perceptibly larger, and leavUig out of the case the so-called "scalping" operations of buy iag in one market and selling in the other to make a fraction of 1 per cent, it is evident that this proclamation of easy money by the Bank of England is decidedly favorable to an improvement in the steady and legitimate demand for American seouafter keeping 48114*4 81% 4 80?jS4 8;i4 5 21''s»5 20=8 39%9 3978 40 94^ a 95 4OI4 as's B> 933831 are quotations in gold for various coins. —The following — 99%» par. Silver and 83 ®$4 87 $4 Sovereigns 3 Napoleons X X Reiclunarks. 4 3 X Guilders Span'liDoubloons.lS Mex. Doubloons.. 15 1 Fine silver b.ars Fine gold bars.. Dimes & I3 dimes. — I48 83 ® 3 87 73 ® 4 77 96 ® 4 00 55 a 15 75 50 ®15 65 09»4® 1 IOI4 par3ii4 prem. 99 ^s® par I33. — — — — 9914® — — — — English silver 4 Prus. silv. thalers. — 92 ® 95 86I4 855ta 84iaa SSi* 75 a 4 83 68 ® 70'a Five francs Mexican dollars.. Do uncommerc'l. U. 8. trade dollars— U. 8. silver dollars 99 % 31 — 9SH par United States Bonds.— There has been an active business in government bonds and the principal demand seems to run on the 3 and 3J^ per cents instead of the long bonds at their higher prices. This is based on the general idea that henceforth the reduction of the debt will be less rapid, in consequence of the probable reduction in internal revenue and customs duties. "The closing prices at the N. it xities. 4 85iaa4 86I4 4 84i2a4S5 4 84 a4 84ia 5 18^135 18% 4 8214*4 83 Frankfort or Bremen (reichmarks) Coins. Demand. Sixty Days. Jan. 26. DIVIDENDS. XXXV L [Vol. Y. Board have been as follows; Interest Jan. 20. Periods. Jan. Jan. Jan. Jan. .Tan. 22. 23. 24, 25. 26. •103 12 no3% •lOSSa n03%'n03'3 continued at 3^.. O.-Feb. «103 reg. Q.-Mar, 11314 11338 •113i8|*113i8 >113i8^113 4>«8, 1891 coup. Q.-Mar, II3I4 II314 'II313 •II318 113i4»113 4iss, 1891 11933*11914 11938 11938 II914 II9I8 reg. Q,-Jan. 4s, 1907 ooap. Q,-Jan. 11938;*U9l4 11938 11938 II914 •119 48,1907 •103% 104 IO418 '101 •104ifl •10414 3s, option U.S. ...reg. Q.-Feb. •129 •128 •128 •128 -12a 6s, our'oy, 1895. .reg. .]. & J. *128 •130 •129 •129 •129 •129 68, our'oy, 3896. .reg. J, & J. n29 •130 •130 •130 •130 •130 6s, our'cy, 1397. .reg. J. & J, *130 •130 •130 •130 •130 •ISO 6s, our'oy, 1898. .reg. J. .St J. *130 •130 •130 'ISO •130 •130 es.our'oy, 1899. .reg. J. A J. •130 This is tlie price bid at the morning board no sate was made. 5s. ; The improvement at the Stock Exchange which was noted D. S. Sub-Treasury. The following table shows the receipt* last week has not been continued throughout this, but, on the payments at the Sub-Treasury in this city, as well aa the contrary, there has been a sluggish and rather weak market. and for e^ch day of th« past week: been disappointment to those who looked for a fur- balances in the same, — a This has ther rise in stocks, although, taking all things into consideration, it was quite within the possibilities to be looked for, The market is apparently governed more by the present influences than by the general outlook for commercial, financial and railroad business. This report has frequently commented upon the excellent situation, so far as it depended upon the abundant crops of 1883, and the large volume yet to be brought to market, placing the first six months of 1883 in a strong position compared with the same period in 1883. But, on the other hand, prices of merchandise are lower, and producers, having plenty of money, are able to hold back their while as to the railroads, the crops, and for a time may do so winter of 1883 was so exceptionally mild that the weather and the temporary blockades from snow this year seem to be more severe by the comparison. The money market has been quite easy, and stock brokers have no difficulty in getting call loans at 83^@5 per cent, while government bond dealers pay 2@3 per cent. Prime commercial paper sells at 5@53>^ per cent. The Bank of England weekly statement on Thursday showed a gain of £553,000 in specie, and the percentage of reserve to liabilities was 44 J^, against 40^^ per cent last week the discount rate was reduced to 4 per cent from 5, at which figure it had remained since Sept. 14. The Bank of France gained 4,875,000 francs gold and 38,000 francs silver. The New York City Clearing-House banks in their statement of Jan. 30 showed an increase of .$804,075 in their surplus reserve, the total surplus being |8,674,775, against $7,870,700 the previous week. The following table shows the changes from the previous week and a comparison with the two preceding years: ; ; 1883. Jan. 20. DitTer'nces fr'm previous week. 1882. Jan. 21. 1881. Jan. 22. IiOanaanrldU. $317.4.-)9,800 Dec. $431,400 $321,071,800 $307,839,600 Mpeole 62,687.700 luo. 209,900 68,761,100 66,484,100 Oroalation 17,470,200 Deo. 50,500 20,001,500 IS.'HlS.oOO Het depoeits 308,309,300! luo. 389,300 311,990,100 298.931,900 I<egal tenders. 23,06 1,4001 Inc. 691,500 18,909,3W 16,395,600 Legal resorre. .$77,077,325 rne. $97,325 $77,999,025 $74,732,975 Seaerve held 85,752,100 luo. 801,400 87,673,400 82,879,700 . . 8grpln» $8,674.775'lnc. ?804.07.' Exchange.— Exchange has varied 9,074,375 little this i. 146,725 week, except in the decline of about i^c. in the rates for 60 days' sterling bills, equalizing the price with demand bills after the reduction of 1 per cent in the Bank of England discount rate. The supply of commercial bills in this market is barely equal to the demand, and we must look for an outward movement in stocks and bonds, or an increase in produce shipments, before any imports of gold can be expected. To-day the actual rates for prime bankers' 60 days' sterling bills were 4 82@4 83i^demand 4 85i^@4 86; cables 4 863404 86?^. Continental bills were firm as follows, viz.: Francs, 5 31,?g@5 2^4 and 5 18i^@ 6171^; Reichsmarks, 94=^@94J^ and 95%@955^; Guilders, 39Jg@40i^. In domestic bills New York exchange was quoted as follows at the places named Savannah buying ig prem., selling H(SH prem., Charleston buying at par, selling prem.; New Orleans com. 100(al25 prem.; bank, 200 prem.; St. Louis 50 dis. Chicago, 60@75 dis. Boston, 25@35 prem. QuoiatiOBs for foreign exchange are as follows, the highest prices being the posted rates of leading bankers: : % ; ; Balances. Date. Jan. 20.. " " " '• " 22.. 23.. 24.. 25.. 26.. Payments. Receipts. Coin. Ourreticy. S $ $ 968,692 OS 112,860,099 877.304 71 1,974,915 58 112,311,721 1,425.920 35 •16,477,265 76 •15,829,456 11 113,002,172 1,000.142 29 112,793,287 884,860 73 779.23,1 35 113,040,016 1,190,880 29 1,050,573 42 113,192,177 1,152,722 87 22 008 954 71 "1.603 041 81 $15,000,000 of above receipts and payments account on the books to another. « 22 83 5,965,795 96 5,935,145 63 11 o,922,.507 02 91 69 6.016,111 52 6.181,026 54 6,131,015 24 99 r,>tal is a transfer from ona — State and Railroad Bonds. There has been some activity Southern State bonds, arising mainly from the Arkansas decision and its incidental influence on other bonds. At this morning's Board the following sales were made $16,000 Arkansas 7s L. R. P. B. & N. O. issue, 38; $5,000 do L. R. & Fort Smith, 48; $5,000 do, 491^; $3,000 Alabama Class A, 83%; $1,000 Louisiana consol, 73 J^ $10,000 North Carolina special tax Western N. Carolina R.R., 8}i\ $4,000 Tennessee 6s, old,43>^; |1,000 Tennessee compromise, iQjiThere is nothing definite from Nashville as to what the Legislature will positively do in regard to the debt legislation, but some private reports state tliat the effect of Polk's default and the discussion aroused by it may have a good effect in inducing the adjusters to cease in their efforts to overthrow the recent compromise. For railroad bonds there has been a good investment demand, and dealers in bonds report a better inquiry since January 1 than at any time in the last six months of 1883. Railroad and Miscellaueous Stocks.— The stock market has been moderately active on declining prices. There is apparently some lack of confidence on the part of those who purchased for a rise, and the semi-buoyant tone of ten days ago has been followed by a comparatively dull market, with prices showing a tendency towards weakness. Tliere have been reports that among the operators who started in for a bull pool a few weeks ago, there has been some treachery and one or more of them sold out privately but this is merely one of the Street rumors and is given as one of the straws indicating the direction of the breeze this week. It is concluded that there was some difference of opinion among the Lake Shore directors about the control of the Nickel-Plate road, or at least in regard to issuing Lake Shore bonds to pay for the stock of that road, and the weakness in Lake Shore and in the N. Y. Ch. & St, L. stocks is partly attributed to this. The Union Pacific stock has recently been one of the weakest of the list, and there is a pretty strong bear influence against it, which may have a greater effect from the fact that the public know little about the whole condition of Union Pacific, including its immense mileage of branches and roads controlled. Notliing has been done to take the control of Jersey Central out of the receiver's hands. In the Northwest the extreme cold and snow blockades in some quarters have made the earnings of railroads in that section show a decrease compared with last year. The rumors of an alliance between Chicago Burlington & Quincy and Denver & Rio Grande have taken no definite shape, and as to the Hannibal & St. Joseph it is stated that there is no prospect of a lease, but a traffic arrangement may be made which will prevent the building of a new line to Chicago. At the close to-day the tone was generally weak, and on some stocks prices were at or near the lowest point reached. in : ; ; Tandart THE CHRONICLE. 27, 18>8,J RANGE IN PRICES AT THE N. Y. 103 STOCK EXCHANGE FOR THE WEEK AND SINCE JAN. DAILY HIORBST AND LOWX8T PRIOKS. Mondar, Haturrtay, Jan. 2(1. Taesday, .Ian Q-i Wednesday, ThorMlay, rniUT. BalMot UieWeek Range Mine* Jao. Bbarea. Jan. 23. Jan. 24. 80 Hi 80S 80 82 80 82 T0>« 09 Hi 70'S 60 •• 70% S81 104 79 09>« 83,0',!0 71% 73 83% 833« 7l>« 7234 100 100 61,700 63 72 73 83 >4 84 hi 23 >< 23 SI Jan. 2S. Jan. 28. Lowest. 1, 1, 1883. For Knll Teur IBM. 1883. Low. Hl«b Highest. « 11,11(1 \I>H. II AtchlHOD Topokn.t santk Pe. Boiitun 4% N. V. Air lane, nr«t Barltnirton cmiar Kftp. db No.. OftnaiU Mniithom C«ilAr FhDh U MlnnmiotA tt 25 74 Central loivik Central of New Jersey Ceatral I'aolDo Oheuiieake Ohio <k t... Intpref... l>o D* ad pref OMOKKoA Alton OhlCttKO Hnrlliifftnn Ohlo»ir« Milwaukee Hi 83 •83 70*4 A Qntncy .ft St. PanI Do pref A Northweetem pref. III. A Pacino... Oklcano SU Paul Minn. * Om pref Do Olnolnnat Nanilaekf A Clev Obloago Do OliloaRo Kook 81>a 81Hi t»8 aau 7i>« 71'< U 82Hi 82Hi 69^ 70^4 •82 •83 .... 84 •^i.'S T&H 78 >s 7S 74>« IH\ 8S>« SH, 84's 84 •« a:<e4 ',>:ii4 23 >« 23 \ 24 34»4 34^ 34 2«»4 27 JU>« '.'11 >9 26 >4 20 >« 137t4l37'4 130 l:i7 J 37 137 Hi 124 Hi 122=4 123 Hi rj4»si-J*-H 123 i()7'ii loHi-j; lllflH|107''4 100 107 "s i'ji=4 r.'i-ij 121 Si 121 Hi I2IH1 132 '„ 133:14 13234 1333b :47i« 147>4 14694 14(1^4 140 Hi 1 47 ".J I'JSU i-^.'<-u' 123>4 126 Hi 123^ 124 <9 53 04 >4 62 6I34 620s S3 Hi ll'.>>« 111 11-i lllHi 110<sllOHl 72>a 83^4 -23 34 '22 Hi 33 >4 26 136 123 122 H> 103 14 1063a 1003b 120 120>4 120 133 1333s 132»8 33 "s 33 >t 2OH1 20>s 188 123 •l.SO ' 14UHlU7 12314 124 6 1 Hi 6'2->it> 10934 110 Hi 26 Si 2534 2334 136'« 130 136 12334, 12234 12334 100 Si 105% 100% 120 120>«120Sl 133 's 1321a 133 "4 140^4 147 14634 147 I4 123%ll.'3»»i 124 12JI4 61^8 523b 50 Si 52 '4 110 llOSlI 109 >« 109=4 '•J '-jl I Hi 83% 84 >, 23 <g 23 Hi 33% 33% 23 Hi 33'* 11,657 1,423 603 1.147 400 6,201 174,4.39 1,2211 63,')35 4,830 13.880 22,790 3,056 I OleTelaiiil OleTelaiiil Columbia Coluiiit>uft cm. A (.'ol. A Iml... FitiRlmrf fcuar. <& (Ireenville, pref Chic Iinl. Ontral A Colamljus Ilocklni; Val * pref. KTanarllle A Terre Hrtote Ftot Worth A Denver City tireen Bay Win. A Kt. Paul... Hanulbal <& 8t.J08epli Do pref Honaioii A Texas Central IlUnoiH Central Icaeod lino Do .. iHlanil lioulevllle A Na»hvllle New Albany A Olilc Uauhuttan Dc let pref Do cotnmou Uanliattan Beacb Co Mt^fuphlu .bcli4rie8ton Uelrupolltan Klevateil «i i«^h Igiiu Cull t nil Milwaukee rtli.* I,, Do Utnneaiiulls Do & 4 8«k 1127>a :''!9 isr'fU Western.. pref. St. Tx>ai8 Do pref. New York A New Knglauit New York New llaven^ft. Hart. New York outai-io AWestem. Norfolk A Western Do pref Northern Pacitlc Do pref OhioCeutlral Ohio A >ii4Hissippi Ohio Houtlieru Oregon A Ti-ans-Coutlueutal.. Panama, 'I'rust Co. otirtitlcates Peoria Decatur A KvansviUe.. A Uea.ling Plltejul-K Ft. Wayne A Chic... Rent selaer A ^Saratoga AlleKli.,ut'ck trust ctls. Kicli Kiel) uouil A Danville RlolluuMul A West Point Philadelphia A RocheHterA Pittsburg Rome Walertuwu A Ogdensb. BU Louis Alton A Terre Haute Do pref. A Bt. Louis ban Do Do 8t. Paul A ifraucisco pref <1)\ -88 17 HH .. Duluth prel Paul Mluneap. A Aiaiutoba A Pacinc Toledo Deiphus A Burlington . Bt. Texas Uiuon Pacflic WaUMh su Louis A •140 "a 78H|I Pacitlc . . pref. Do l»CKI.I,ANK(li;». Amerlenn Tol. A Cable Co i2S<% 120 's 127^4 126>«127H> 46=4 4934 44 >« 47% 89 «88Hl 10 •904 17'ii 17 Hi :o 17 H. 83 »! 33 's 33 33 "ii^"ii'l X.i'^ «4 7H 78 43 84 43^ 934 17 9% 93, 17 89 8U% 81 aft 34 <4 3.1 S3Hj SI"! 33 31 31^ 3 J 31% 111^ lli'v lll»s 11239 lllSl 04 tH\ ti3 63 63 63 60 »4 B'iis 36% 57% til '1834 60-4 t>7 66 bO 49l<> 49 i'i 49 49>!l 4»Hl •87 "a 00 •88 K» 89 89% •43 •48 50 49% •18 •18 19 20 47 47 4634 47%' 47 47 •81 -82 83 8i 85 81 99 100 98 ta -17 18 48 Hi 18 Hi •47 Hi 30 >s 30 's 29 '-J •17 U7 U7 3334 34 Ss 99 >s '97% 99 17 18 18 48Sl 30 170 170 2tiHl lili'4 26'a 26=4 49 49»4 48% 483^ 50% 51% 60=8 51i^ SU^i 87 "g •13 13Hj '33 33 3^ 13Hl liHl 87 Hi 88»8 "i "ii't SB's 57 3(, 86 "4 87 13 33 '87% '88 '4 "26 3] 21 64 6434 114 '4 »*\ no 1,-) 37 « 104%' 1934 l.iS 17 48 48 28 63 26% 26% 4-*% 66% ''is" "ii 65 •133 54 55 93 Hi 94 '33 34 53 51 94 31 54 Si 96 '4 40 97 48% 131. 55 94 32 32 % 9634 9634 '39 40 Si •1)0 •93 Hi 97 95 Si 95 Hi 146 140>4 140 14634 Xl43'8l44 411% 42-9 41 >4 42% 40 >8 42 73. Mutual Unii>n Telograph Oregon Itaiiway A vSav. Co PaciUc Mali PuUiuaii Palace Car Western i; iiiou Telegraph 81 76 83 •73 fcSHi ButroTunuel 135 U2>9 •68 >124 AND MINING. 63 '4 145% 145% 143% 145% 78 •32 78 .'.'.'." '! 28 28 fiumest^ke Mining LJttle Pittsburg Mining Mariposa Laud A Mining 42 126 4934 126 41% 126 83% 84 e43e 134 14 135 92 Hi 92% •63 65 126 124 55% I 63 3234 48% ji'lj" 49 170 26% 26 '< 'i2'ii'% 49 49 49 49% 85% 34 43% 84% 12% 32% 12% 85% 48% 49% 84% 85% 13% 13% •3-2% '83'% "86"% 26% 26% 66% 63% •18 26% 26% 53% 5r.% •21 66 2d 63 20% 20 20', 00% 5e% 68 95 59 •32 34 94 95 •3--'% 33% 61"4 51=4 "ib" 68% 60 S> 97% 97 •32 61% 51% >39 96 40 •93 •39 •93 97 96 •38 pref 52 96 40 96 •94 •37 •94 142% 143 141% 143 39% 40% 3934 41 143 3934 • 99 34 52 93 39 95 143 40% 98% 101% 323, 33% 5334 54% 06% 60% 40% 41% 123% 126 82% 8334 •28 30 67% 07% 129 129 29% 29 'i' 29 108% 108%' 108 29 108 131 2'i% 131 I 2i%< 13U%139% 136 136 39 40 89% 40 124=4 124=4 121% 123% 125 123 81% 82% 81% 82% 81=4 82% 39% 40% 134% •133% 134% »134 92 05 126 •27% 91 91% •62% 63 •125 126 •27%.... 91 •63 10 41 •8 10 •8 •37 40 •37 6 10 40 i •8 •36 135 92 65 •124% 125% •27%... -16 17 Cameron Coal , 63 "26'% 37% 63% 97% 7fl%Jan. 3 Jan. 24 H8 Jan. 83% Jan. 2 23=4 Jan. 19% 30% Jan. 3 33% Jan. -.. 27% 23% Jan. 4 27 Jan. 221 21 134% Jan. 3 137% Jan. 22' 127% 120 Jan. 3ii'.?6% Jan. 120% 103% Jan. 3|lo-<Hi Jan. 96% 110 '4 Jan. 2 122 Jan. 114% • 32% Jan. 3 136% Jan. 134 145% Jan. 3 151% Jan. 136 123 Jan. 3 127% Jan. 133 50'»Jnn. 2 53 Jan. 29 >4 109% Jan. 3;113%Jan. 97% 44 6,052 200 3,700 2,000 200 7,350 71 900 3,030 93,580 82 7 91,940 300 600 297 Jttn."2'.i 47 Jan. 8434 Jan. 18 17% Jan. Jan. Jan. Jan. Jan. Jan. Jan. "ib'o 47 1,733 27 1.500 60 J.an. 32.395 30% Jan. 27,415 UI0<4Jan. 900 17=4 Jan. 122 '4 Jan. ii^o'o'o 533o Jan. 48.803 123% Jan. 2,025 13 Jan. :.325 29 Jan. 101 Jan. 37% J an. 300 79% Jan. 500 48 Jan. 200 loa Jan. 1,645 123,413 19,029 2,533 210 200 41,500 60 3% 23 % Jan. 18 Jan. 47% Jan. 46% Jan. 83% J an. 49%Jan. 3 90 Jan. "2 i'lli i3 63 20 S3 "ja'ti. 3' 3: sie'o'o 1,5U0 6,070 0,230 2,600 330 630 173 60 200 3,180 84,075 194,215 68.339 67,003 293 200 800 96% 16 15% 36% 68 86% 29% 42=, 121% Jan. Jan. 45 72 18 '49% 23 %l 45 98 1120% 49%l 65 46%'I00>4 78 57 13 56 37 77 77 13 105 21 42% 82% 68% 36% 77 28% 42% 10 39 86%'112% ]3%Jan. 11% 26% 34% Jan. 27 13=4 Jan. 11 89 60 Jau. Jau. %Jau. J.-in. 383 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jau. % J an. % Jau. % Jan. % Jau. % Jan. 97 133 123 01 17% 36% 40 20% SO 20 66 •« 79=4 .68 99% *4 4 -Ian. % Jan. 4 69 % Jau. 2rtll33 Jan. 6 31 % Jau. 23% 39% 45% 71% 74 15 65 3 123 36 132 53% 102% 119% 19% 145 117 76% 93% % Jan. 133 3, 93 Jan. 63 % Jan. 124=4 Jan. 18 126 Jan. 90 16l 6'i 149% 97% 80% 133 135 19 IP Jan. 19 27% 86% 15% 19^ 1% 1% V* 8% 17 Jan. 16 13 18 17 Jau. 15 34V, 34% Jan. 26 35% Jan. 8 33 26 40 315 340 8 Jan. 18 40 10 937% Jan. 26 39 6 Jan. 24 0%Jan. 8 % J an. 2(1 %Jan. 12 .30% 163% 32% 48% 128 J an. 17 106% 42=4 26 Jan. 181103 Si|160% 66 Jan. 131 34 8%l 19 Jan. 17 98%l 119=4 Jan. '4 5 133 94% 46% 31 43 02% Jan. Jan. 07% 130 131% 144 40 13 52 2.30 23 263 Jan. 2 ll>9 % Jan. Jan. 0; 23 Jan. 136 Jau. 26 144 Jan. 39 Jau. 231 43 %Jau. 122 Jau. 3 126 Jan. 79% J an. 31 83 %JRI1. % Jan. 3 % Jan. 3,120 107 230 21 14,300 663 94,063 % % 39=4 4634 18 •8 33% 98% 1104 2-J 27% Jan. 37% 37% 17% 17% 42 130 10 Jau. 8 10 93 41=4 27% Jan. 40 60% 98% 40 82 40 31% Jan. Jan. 139% Jan. 14 Jan. 47 Jan. 21% Jan. 20 Jan. 32 Jon. 48 Jan. 90 Jan. 33% Jan. 51*4 Jan. 9«% Jau. 3334 Jan. 93 Jan. 139 Jan. 3934 Jan. 10 Jan. 88% Jan. 3234 Jan. 62 Jan. Jail. 92% 150% or '36" 181 103% Jan. 19% Jan. 52% Jan. Jau. 111% :0 81 16 127=4 22 Jan. Jan. '26 "j'a'n.' ;8% 16 110 6 . I 11% Jan. 82% Jan. 65% Jan. 68 33=4 13 119%'128 3 124 Jan. 87% 3 01% Jan. 47 3 128=4 Jan. 123% 138 20! 13% Jau. 10% 1734 Jau. ., 27 26| 33 37% 109% 13 101 Jan. 13 100 2 40% Jan. 13 33% 4334 3 83 Jau. 6 67 88% 60% 25 .52% Jan. 9 43 Vi 173 Jan. 10168 '186 20 %| 31% 3 27% Jan. 34 16 8 18 Jan. 44 %> 60 3 4934 Jan. ' 51% Jau. 28=.. ,54% 6634 100% 87% Jau. 13| 31 l'J9 93>« 140 104 82 8 Os%Jau. 130 135 7,3(10 58% 63 12 163 13,1;.0 140% 117 38% 71% 3 loo's J an. 3 18 Jau 17 48%Jan. 20 20 3034 Jan. Si 175 20; 10% Jan. 18% Jan. 9i 146% 141 138% 144% 150% 217, 60 61% Jan. 89% Jan. S?" 116% 150% 26;i29'i'J'a'li.""4- Jan. 33% Jan. 6 Jan. % Jan. 4234 Jail. 23 46=4 Jan. 3' .84 72 Jan, Jail. 75 Jan. 4' 7-.I Jan. : 40=4 Jan. 141% Jan. 81 Jan. 78 Jan. 3i Jan. 33 Jan. 2.>% Jan. 33% Jan. 114%Jau. 110% Jan. 03 Jan. 00 Jan. 5l%JiUl. 2| 53% Jan. 63 '4 Jan. 181 08 Jan. 43 80 96 2,800 4%Jan. 133 "9 30 100 siis'o'o 65% Jan. Jan, "S-i Jan. 11 142 3%Jan.'2'6r 4,700 lOU 17,337 93 •34 25 20 34% •8 Standard Consol. Mining 12 32% 12% 85% 136% 136% 2434 136 134 135 •133 92 H, 91 >4 91=4 91% •63 05 •62% 63 126 123 124 126 *27%...., Maryland Coal Ontario ."Silver Mining Pennsylvania Coal Qolcksilver Mining 48% 227 03% 03% 32% 33% 78 80 97 3 22 222,248 123%Jan. 367,853 39% Jan. 60 89 Jan. 50J 9 14 Jan. 2,350 1934 Jan. 17 '48'% ... 67 C7 131Hll31Hl 30 30 29% 29 Si 108 >8 108% 10S% 108% 107% 108 •22 •22 24 22 22 23 138 138 •27% 30 Cousulltlathin (;oal 83 78 Jan. Jan. 71=4 Jan. 1.1 Jan. 28 Jan. 83% 600 77 100 139 400 42 126 Ad«ins American Cnlted states Wells. Fargo A Co 17 43% 44% 102 lOSHl 101% 10234 101% 102% 100=4 102% 101 10134 33'^ 35 >a 36 >4 33 36 33 35 32% 33% 33 M't 673|, 66% 67 64% 56 33% 5434 63% 64% 30H) 31 108>4 1U9 •23 24 1 Central Arizona Mining Deailwooil .Mining Kxcilslor .MlnlnK New Cunlral Coat UobiiiRou .Mining. ...; BUverclill Mining 8t*rtunnt .Mintuir B8%Jan. 96% 80% 85% 83 83 Jan. » Jan. 6 Jan. 3 Jan. 20 Jan. 9' ' 1,300 '42%" 43 81 9% 9% 16=4 160 50% 56=4 26% 26% 20% 20% 54Sl •8'J 934 17 48 56 '4 55 23 Si 26 Si 54Hl 90 17 170 14" "14" 20% •9% 46 B3% 33% 102% 103% 102% 103% 10334103% •18% 19% 32% 33% "15" '15" •33 34 •53Hl 64 Hi •53Hl •H9Hl lull Hi x96'4 •39 •39 40 68 A Merchunts* Tel A ron Delaware A liudson canal Ho 4% i'2'7 123 Si, 'l'2"2 '%!!!!" 122% 123 %i 123% 12334 64 61 61 , 61% 02 60% 61% 127%! 126% 127% 126% 127% 126% 127% 14 14%! 14% 14% 14% 13 11 32% 31% 31% 31% 3L% 29 30% 103 ... 103 ... 103 ... '46' 38=4 39% 39 39% 38% 39% 2714 2118 32' 48% 49 Si 84% 84% 12=4 13 32 a 32% 13% 13% '84% 86% 86% 87 13 •8S 43 ilG>4 33% "si" "ii 80=4 31 30^4 31% 30% 30% 110%111% 110% 111% 110% 112 •61% 63 •61%. .. 62 62 54% 56% 54% 50 >8 55% 56% •63 •05 66 % •05 ... 67 • •47 49 49 47% 47% •87% 89% •87% 90 87 87 •47 •47 49 48% •47 49 •18 •18 20 18% 18% 47 47 40% 47 47% 47% •80 82 82 85 80 80 97 98% 97% 98 97'4 98 "32 63 3334 20% 263« 48% 48% 49% i,0\ 84=4 80% 56 Hj 50 55% 136Hll36Sl 133 136Hll37 14 57 26 21 13 33 " 273. 8IH1 8IH1 "27' { •47% 48% •ttS •i'os" 170 Hi 44 9Hl • i23% ISO's 127 17 17 43 81 83 83 81 82 '73 •73 •75 80 79 79 144=4 14334 14414 U4i'4 144'4 144% 14434 143 Bankers* OOAI. 78 142 •3% Itf Colorailo Coal 78 142 '14U 49 >4 SO^s •33 . Istpret. 1)0 77 80 4Hi ' 67 S3 Hi 34 >a 32% PhcIHo 104 >4 10.0 14 104 104 34I 103% •19 19'4 19Hi •19 Ohio 20 Ksnex "64" "tii'v '122% Naslivilte (Jhiittanoo^a JtSt.L. "eaii "U4ia' 63 New York Ceutial A liudaon , I'JK's 128 120"9 1 27 Hi 12634 New York ciile. A at. Louis... •14 Hi 14 's 14»9 14% 14 32=4 33 •32 Hi 33 •31% Do pref. •103 .... 103 Hi 103 New York Elevated New Y'ork Lake Erie A West. 39»» 404 39=8 '46' 39% pref.. Kannasifc Texas Missouri Missouri Mobile A Morris A 75 •74 Hi 80 141 141 1U% i^^lioie LoalAville '140 Vi 141 SVi M\ Indiana uloom'u Ji Wuaiern i.ake Mrle A Weeteru Lake Lour 80 14U>4l41 14 23 Tol. J>elaware Lackawanna Jk West DenrerA Klo Uramle DnbiiMue Jt Sioux City Bast'lenneaHee Va. A Oa Do •78 8'3 IS Jan. 3 %Jaii. 12 4% 18 14% 63% % 4 I These are the prices btd^nd asked •14 17 •14 17 14 Jan. 4 14 Jan. 4 % 13% ss 1 3 1%] ; no sale was made at the Board. 4 THE 104 CHllO?»flCLE. [Vol. XXXVI. QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES. STATE BONDS. 8BCURITISS. CIbmA, 3toB. 1906... Class A. S to S, small. C1«S8 B, 58, 1906 Class O, 48. 1906 . 68,10-209,1900 ArkauRas— 6s, funded, 18991900.. 7», 1,. Rock & Ft. ^i. isfl. 7s, Monii).* L.Itock IIR 7s L. K.t'.B.&N.O.ltR 7s, Miss. O.&R.R. RI«. 7e, Arkansas Cent. RH. Oonnectlcnt— 6s. 1883-4.. aeort'ia-8s, 18H6 7», new, 1886 SECURITIES. 6ECUB1TIES. Aek. Louisiana— ConUnaed— Kx.niatured coupon Micluffan78,1890 10a>3 Missouri— 87 6s, due 1883 6s, due 1886 6s, duo 1887 68, due 1888 49 68, due 1889 or 1890.... 50 Asyl'm or Univ.. due '92 38 Funding, 189495 36=4 18 'i Hannibal & «t. Jo., '86. '87 Do do 100 la New York— 107 106 108 6s, gold, rejr., 1887 6i>, Kold, coup., 1887.... 106 108 114 115 68, loan, 1891 6s, loan, 1892 7318 73'2 68, loan, 1893 N. Carolina— 68, old, J.*J. 68 84 86 100 86 110 66 Hi 1001* 105 Hi 107 IO6H1 109-< llOiQ 112"-! 117 109 13 109 >-2 ' 7s, endorsed, 1886 78, told, 1890 Louisiana— 7s, consol., 1914 7b, small 69, old. A.* O 67 SECURITIES. Bid. South Carolina— 6s, Act Mar. 23 N. Carolin-T^ContinuedNo. Carolina RR., J.&J. 155 155 Do A.&O Do coup, off, J.&J. 130 Do coup, off, A.&O. 130 Funding act, 1866-1900 10 10 1868-1898 Do New bonds, J.&J., '928 16 15 1)0 A.&O...6 Chatliam RR Special tax,cla8s Do Do Do Do Do 1, 68, 68, RR 10 10 8'4 «"*: "7=4 8I4 Wn. &TarR. "79 78 75 Consol. 48, 1910 Small new, 1892-8-1900 new Berlea, 1914 ... 6«, new, »866 68, new, 1867 68, consol. bonds 68, ex.mattired coupon 6s, consol., 2d series... 6s, deferred 8 104 45 43 "-I 46 4614 46 >a 35 35 , 3ft 70 53 47 1212 13 District of Columbia— 3-66a 1924 Re^istei-ed Funding 107 69,1886 Do Do Rhode Island 68, G'i 01 43"^ 43"? Small bonds OMo— 28 28 1869 , C*mp'mi8e,3-4.5.68, 1 9 12 Vir^rinia— 68, old 8I4 Western RR... Wil.C.&Ru.R , 1 888. consol'n 6s, 189 Tennessee— 68, old,1892.8 Brown 8 8 '98-9 class 2 to \V. N. C. uon.fnudable Bid. 115 coupon, 1893-99 58, 1899 small resiislcred .. RAIE.ROAD BONDS. A H.— Continued A Snag.—Ist, 78... Del. Alb. Bailroad Bonds. (Stock Emhangt 2d, 7s, 1885 Pricrs.) A 1st, reg., 1921 — Denv.A RioGr.— l8t.l900 AUeg'y Ccn.— Ist, 6s,1922 Ist consol., 78, 1910 Atcb.T.&.B.Fo-^is.l920 Denv.So.P.&Pac.- 1 st,7s. Sinking fund, 6s, 1911. 93 la 941a Det.Mae. A Marq.— l8t,63 Atl. & Pac.-l8t, Gb, 1910 Land grant, 3%b, S. A.. Balt.& O.— lst,6s,Prk.Hr. 113 52 E.T.Va.A G.— l8t,78,190 Bost. H8Ttf. & E.— Ist, 78 Ist, cons., 58, 1930 Guaranteed Bur.C.ltap. & No.— lst,5s lOOVlOl Divisional 6fl, 1930..... Eliz.C.& N.— S.f.,deb.c.68 Jllnn.JtMt.L— l8t,78,gu 120 lowaC. AWest.- lBt,78 111 C.Rap.Ia.F.&N.-l8t,63 Ist, 68, 1921 Central Iowa— Ist, 7h, '99 10814 1081a Char. Col. & Aug.— l»t,78 104 Chee. A Ohio— Pur. ni'vfd. 112 109 69, gold, series A, l908. 9OH1 91 69, gold, series H, 1908. 5314 68, cun-ency, 1918 Moitgage 6s, 1911 991a 100 Chicago & Alton— 1st. 7s. 117 115 Sinking fund, 68, 1903. La. & Mo. Riv.— Ist, 78. 11554' 110 2d, 79, 1900 Bt. I.. Jack.& Chic— 1st 116 Ist, guar. (504),7s,'94 115 2d (360), 78, 1898 l8t, 68, 1920 Big S.-69... Eliz. Lex. Erie— iBt, extended, 78. .. 2d, extended, 5s, 1919.. 3d, 79, 1883 4th,extended, 5s, 1920. 5th, 7a, 1888 1st cons., gold, 78, 1920. 1-t cons.. Id. coup., 78.. Reorg., lBtlien,t5.s,1908 Ix>ng Dock b'ds. 7a, '93. A I ' I BnffN.Y.&B.— l8t,1916 N.Y.L.E.&W.-New2rt 6 2d, consol., fd. op., 58. Buf.AS.W.— M. 69, 1908 Ev. & T. H.— 1st, cons., 6a Fl't &P.M'rn.-M.6a,1920 Gal. Har.AS.Ant.-lat,ti8 '2d, guar. (188),78,'98 Mi88.U.Br'ge-lst,8.f.68 2d. 7s, 1905 C.B.&Q.-Cousol. 7s,1903 126ia'127i2 Mex. & Pac.— l8t, 58. .. '"" 5b, Binkingfund. 1901.. 103 2d, 6a, 1931 Or'n BayW.A.S.P.— lat,68 la. Dlv.-B. P., 58, 1919 105 87%' 87 1919 8. P., 4s, Gulf Col. A S.Fe-7a, 1909 .1 Han. A St.Jo8.— 88, couv. 85 Denver Div.— 49, 1922 84%' 80 49.1921 Consol. 68,1911 124 H0U8.A T.C.— lat,M.L.,7s C. R. I. & P.-68, cp.,1917 '123 68,reg., 1917 iBt, West. Div., 78... Keo. & Des M.— Ist, 6s. lOiia l8t,WacoAN.,78... 118% 2d consol., main line. 8a Centr-al of N. J.— Ist, '90. 117 I I iBt consol. assented, '99 H03i Conv., a88ented,7s,1902 llO' 106 Adinstment, 7s, 1903. Len.AW.B.— Con.g'd.as Am.Dk&Imp.-5s,1921 871a C.M.& St.P.— 1st, 8s. P.D. 133 2d, 7 310, P. D., 1898.. Ist, 79, $ g., R. D., 1902. 127' l9t, I.aU.I)lv., 79, 1893. I'JO Ist, I. AM.. 78, 1897... 122 1'22 let, I. AD., 7a, 1899... 126 Ist, C. AM.. 78,1903.. 1'24 Consol. 78. 1905 . 2rt,7s, 1884 1st, 78, 1.&D. Eit.,1908 S.W.Dlv., Ist.Os, 1909. l8t, 5s,LaC.&Dav.,1919 IIII4 2d, Waco A No.,8a,1915 General, 68, 1921 106%' Hous.E.&W. Tex.-lst,78 103 lll.Cent.— Sp.Div.— Cp. 68 I 9OI4I 137 1'27 Middle Div.— Reg., 53.. C.St.L.AN.O.—Ten.1^78 lat consol., 7b, 189'7 . 2d, 78, 1907 Gold. 58, 1951 12236 2d Div., 7s, 108 110 A Dm a Iowa Midland— 1st, Hs. >108 Indianap.D.ASpr.— lBt,78 110 Newbonda, 78, 1886.. & Ash.- 78. 102=4 Clove. P. 132 103 134 108% iio" 1'26 125'.. 125 12334 109% 111% 10914 10934' loo's 100% 113 N.O.&Mob.-l8t,68l930 E. H. A N.— l8t,8B,lU19 General, 68, 1930 Pensac'laDlv.- 68,1920 St. L. Div.— Ist, 68,1921 Ull.AMa<l.-lst,e9.1906 C.St. P.AM.-l8t,6s,1918 iBt, Pa. Dlv.,cp.,7»,1917 Pa. DIv., reg., 78, 1917.. ' 123% 2d, 3«, 1980 Nashv. A Dec.— l8t, 78. S.&N.AIa.- S.f.,68,1910 I.cban'u.Knox— 68,1931 Louisv.C.A L.— 68, 1931 L.Eric AW.— iBt, 63,1919 Sandusky Div.— 68,1919 Laf. Bl.&M.-l8t,68,1919 108', 111% 113 N. Wl8.— l8t, 6b, 11)30.. loa Ht.P.&8.C.-lst,e8.1919 Cblc.&K.Ill.— l«t,».f.,cur. '98 Col. A Oreen.— l«t,68,1916 100 <h '2d, 6s, lO'JO 70 Col. ll.Val.ATol.-lBt,S8 Del. L.AW.— 78. conv.,'g2 116 Mortgage 78, 1907 l-.'7 Brr.BlDK. AN. Y.-l 8t,78 1 25 Morris A Essei.— lBt,78 136 2d,7s,1891 ... lis BODdr,7s, 1900 79 of 1871, 1901 121% 1st, consol., guar.. 7b. 122 Bsl. A H.-lst, 7b, 1884.. 78,1891 ill lst,ext., 7a, 1891 Coup., 78, 1894 116% »«g^7f, 1894 « onaol., coup., 1st, Ts. Consol., reg., ist, 79.. Con8ol., eoup., 2d, 7g. Consol., rog., 2d, 7a... 100%' Long lal. R.-l8t,78, 1898 112 Ist cousol., 58, 1931 ... LouiBv. & N.— Con8.7B,'98 133 2d,7B, gold, 1883 CecilUn Br'ch— 7a, 1907 129 Peninsula— lHt,couv. 78 120 Chicago A Mil.— l9t, 7s. 121 Wln.Ast. P.-lst,7B,'87 106 2d, 78,1907 121% 126 C.C.C.A Ind'e— lBt,'7B,9.f. 122 Consol. 78, 1914 122 C.Bt.P.M.AO.-Con80].,68 108 & . . Erie— New bda. Kal. & W. Pigeon— Isl. Det.M.AT.— l8t,7s.l906 Lake Sliore— Div. bonds Buff. 113 7S 78 118 Lon!8V.N.Alb.&C.-l8t,6s Manhilt.B'chCo.— 78,1909 N.Y.&M.B'h-l8t,78,'97 Marietta A Cln.— let, 7e. l.SO 139 Ist, sterling Metr'plifn El.— lBt,1908 2d, 68,1899.. 122 »t Mex. Cen.— Ist, 7b, 1911 122% Midi. Cen.— Con. ,78.1902 104 Consolidated Se, 1902 114% Equlum't bds., 89, 1883. lis 68,1909 Coupon, 58, 1931 , ! 118% 127 Registered, 5a, 1931... JacK.I,an.A Bag.—6e.'9i A No.-lBt, 6a, 1910. Mil. A Danv.— Cont'd— Debenture 63, 1927.... Atl.&Ch.— lat, p., 78.,'97 Incomes, 1900 98=4 Rich. Minn.ASt.L.— lst.7a,1927 118% 119% Iowa Ext.— Ist, 7s, 1009 112 I 60% 61 !105 1891 96 S'thw.Ext.— lst,78,1910 11014 110% Scioto Val.-lat, cona., 78. 101 14 101% St. L. A Iron Mt.— lat, 78 117 '134 117% Pac. Ext.— l8t, 69, 1921 107 '8 108 108 'e '2d, 7s, 1897 Missouri Kan. A Tex. 83%' 84 Arkansas Br.— let, 78. 107% 88 89 Gen. con., 69, 1920 109 '8 108% 108=8 Cairo A Fulton— l9t,7s. Con8.7a, 190456 96% 99 56% Cairo Ark. A T.— Ist, 7a 108 109 93% Cona. 2(1. income, 1911 Gen. r'yA 1. gr., 5s, 1031 77 77% H. A c:ent. Mo.— 1.9t,'90 104 116 St. L. Alton & T, II.— Ist. 113% Mobile & Ohio.— New. 6a 107 72 14 110% i'l'a"' 72 CoUat. Truat, 63, 1892. '2d, pref.. 79. 1894 105 103 92 2d, income, 7s, 1894 Morgan'8 La.& T.— lat, 69 11634 122% Bellcv. AS. 111.— lat, 89 N.ash.Chat.ASt.L.-l8t,78 St. P.Minn.&Man.-lat,78 108 •2d, 6s,1901 9334 94 •"4 N. Y. Central-Os, 1883. 101 14 109 2d, 6a. 1909 1'26 127 10734 110 Dakota Ext.— 63, 1910.. 68,1887 101 14 Min'a Un.— l8t,6.s,lg'22. iof" 110 6s, real catate, 1883 IOII4 102 '8 103% St. P. & Dul.-l8t.58,1931 101 68, subscription, 1883. N.Y.C. & H.— l8t,op.,7s 129 |130% So. Car. Ry.— 1st, 68, 1920 102% 129%130i4 108 109% iKt.rcg.. 1903 92 2d. 6s, 1931 106 'a' 129 130% Huds. H.-78,2d,8.f.. Tex.Cen.— lst,8.f.,78,1909 i'o'i' 107 104 Can. So. — lst,int.g'ar.58 95% 95=8 Istniort., 7a, 1911 131 Harlem— let, 78, coup.. Tol. Del. A Bur.— Main.69 •43 60 118 131 Ist, 78, reg., 1900 lat, Dayt. Div., Oa, 1910 130 131 N. Y. Elev'd-lst,7s,1906 115% 1st, Ter'l trust, 69, 1910 96^8 .143. N.Y.Pa.AO.-Pr.rn,68,'95 57 Va. Mid.-M. inc. 68, 1927 96 N.Y.C.&N.—aen.,6.a,1910 48 Wab. St.L. A P.— Gen'1,09 79% 80 •48 Trust Co., receipts. .. 82 80 Chic. Div.— 5a, 1910 .... 98 96 N.Y. A New Eng.— 1st, 78 90 Hav. Div.— 6a, 1010... Ill's 113 L^Oa, 1903 Tol.P.AW.— lat,78,1917 i'of" 107 97 N.Y.C.«St.L.-lst,6s.l921 91 97 Iowa Div.— 6s, 1921 '107 103 Nevada Cent.— lat, 68 lud'polis Div.— Us, 1921 103 N. Pac.— G. I. g., l8t,cp.6s Detroit Div.-6s, 1921.. Registered, Os, 1921 ... 79% 82 Cairo Div.— 58, 1931.... 85 N.O. Pac— 1st, 68, g., 1920 89% Wabash— M., 7a, 1909.. 05% 111 01 10134 Noif. A W.— G'l, 63, 1931. 14 Tol. A W.— iBt, ext.,78 ib'd" 108 14 Ohio & Miss.- Consol. 9. f. 115% 117% 1st, St. L. Div.. 78, '89 103 107% 109 Consolidated 7a, 1898 .. 115 116% 100 2d, ext.,7a, 1893 108 1108% 2d conaolidated 78, 1911 122% 60 Equip, b'ds, 7s, 1883.. ""9"7" 105 106 lat, Springtield Div., 7s 114 116 98 Consol. conv., 79, 1907 93 14 110 113 Ohio Central- l9t,68,19'20 93 Ot. West.— 1st, 1a, '88 109 121'fe'l23 90 l8tTer'lTr.,6s, 1920... 100 2d, 78,1893 IstMin'lDlv., 6a, 1921. Q. AT.-Iat,7a, 1890. 100 07 Ohio So.— 1st, 68, 1921 ... 82 82% Han. A Naplea- lBt,78 91I4 Oreg'nACal.— lBt,6a,1921 93 Ill.ASo.Ia.— latBx..68 Or.A Trans'l- 68,'82.1922 95%' 95I4 St.L.K.C.&N.— R.e.78 108% 109 P.inama— S.f.,9ub.69,1910 105 Om. Div.— 1st, 78 ... 108% 115 •99 302 Peoria Dec.A Ev.— lst,68 (nar'da Br.— 69,1910 ""96" 115 Evana.Div., lat,6s,1920 97 St. Chas. Br.— l9t,68 110 120 Pac RRa.— Cen. P.-0.,6s 113% No. Missouri— 1st, ta. lis 102%:104 10914 109% Weat. Un. Tel.-1900, cp. 116 118 San Joaquin Brancli 114% 117 Cal. A Oregon— 1st, 68 106 117 1900, reg 114 State Aid bds., 78, '84 N.W. Telegraph— 78,1904 114 Land grant bonds, 63. 105 105=8 Mut. Un.T.— S.P.,6a,1911 74 'g 88 West. Pac— Bonds, 63 111 112 Spring Val.W.W.— let, 68 72 So. Pac. of Cal.— 1st, 69. 104% 104=4 Oregon RR. & N.— let, 68 106% l"()6"% 93 90 Union Pacitic— l8t, 68.. 113'8! 102 101 Laud grants, 73, '87-9. llOil INCOME BONDS. Sinking fui]d8, 8s, '93. 119% 105 Registered 8s, 1893. 119% (InUrfst payable if earned.) 84% Collateral Trust, 6s 104 Ala. Cent.— Inc. 6s, 1918. Kans. Pac— lst,69,'95 110%!.... .\ll0K'y Cent.— Inc., 1912, let, 63, 1896 108 14 109 Atl. A Pac-Inc, 1910... 106 1061. Den. Div.,08,as'd,'99 107 107% Central of N.J.-1908.... 107 lat consol., 63, 1919. 100 43 Col. C. A 1. Inc. 79, '90 iof" C.Br.U.P.-P.c,7a,'95 100 55 Reorga'n Tr'st Co. Cert. 113 At.C.&P.— l8t,6s,1905 93% Cent. la. — Coup. debt etfs. 120 At. J. Co. AW.— 1st, 69 91% Ch.st.P.&M.— L.g. inc,63 100 Oreg. Short L.— l8t.68 99 100 Chic. A E. 111.— Inc., 1907 126 Ut. So.— Gen.,78 ,1909 103 DcaM. A Kt. U.— 1 at,inc,68 121% 122% Exten., 1st, 78, 1909 100 Det. Mac. A Slarq. — Inc.. 125 Mo. Pac. — 1st, cona., Oa. 101 103 40 E.T.V.AO»..-lne.,68,1931 125 3d, 7s, 1906 109% EI.C.ANo.- 2d. iuc,1970 120 Pacidc of Mo.— iBt, 68 107% G. Bay W.& St.P.— 2<l,inc 120% '2d, 7a, 1891 112 Ind. Bl. AW.— Inc., 1919 120 St. L.A 8.P.— 2d,6s.cl.A 97 99 Consol., Inc., 68, 1921 42 44=4 97=8 468, claasC, 1900 .... 93% Ind'a Dec.& Spr'd— 2d inc 55 II6I4 4-6s, class B., 1906 93% 04% Trust certiticatcs.. Co. 100 lat, 6s, PeirceC.AO.. 80 Lch. A Wilkesb. Coal— '88 105 "4 Equipment, 7s, 1895.. Lake E. A W.— Iiic.78, '99 37% 46 •91 So. Pac. of Mo.— 1st .. 103 103% Sand'kyldv. — lnc.,I92U 33 90 Tex.APac. -lBt,6s,1905 103% f^f.Bl.AMun.— Inc78,'99 44 92% 92', 96" Consol., 6s, 1905 91 Mil. L. S. A W.— Incomea 78 82 Income A Ld. gr., reg. 60 60 1< Moll. A O.— let prf. debon. HI «« ioo' 1 Bt, Rio G. Dlv.,68,1930 853, 85', 2d pref. debenturea 50 «45 Pennsylvania RR.— 38 3d pref. debentures 40 114 116 Pa. Co'B gu r. 4 las.lst c. 94% >;u 4lli pref. debenturea RegiBtereil, 1921 93% N.Y.Lake E.&W.—lnc63 70 90 100 Pitt.C.ASt. L.— let, C.78 N. Y. P.AO.— iBt incac.,7a 64 69% 100 let, reg., 7.3, 1900.. Income, 1920 Ohio Cent.— 31 32 101 101% 2d, 78,1913 Min'l Div.— Inc. 78,1921 Pitts. Pt. W. A Ch.— let 13519136% Ohio so.— '2d inc, 68,1921 26 31 9934 98% 2d, 78, 1912 131=4'132' Ogdon8.AL.C.— Inc., 1920 102 102% 3d, 78, 1912 1133 Small Cley. & Pitts.—Cona. a.f. 127 PeoriaD.&Ev.— Inc.,1920 "io" 4th, sink, fd., 68, 1892. 110i4!ni Evane. Div.— Inc., 1920 B<t Col.C.AI.C- iBtiConsol. 130 4',!% 4« Roch. A Pitts.— Inc., 1921 2d consol., 78, 1909 Rome W. A Og.— Inc., 7e. 43=4 44 98''( 08% 1st, Tr'stCo.ctf8.,as8'd so. Car.Ry.— Inc.,68, 1931 60 62 86 88 2d, rr'Bt Co.ctf8.,aa8'd St. l^iuie I. Mt. & So.— let.Tr'tCo.ctfa. aupul, 116 1 St, 78, pref ., int. accnm. 116 i24'8 St.L.V.AT.H.-lst,g.,78 2d, 68, int. accum'lative 104 2d, 78, 1898 ... St'g .& lly.-Ser. H.,inc.'94 2d, guar., 7s, 1898 ... 111 113 I'lain incomes, tie. 1896. 37 100 Pitts. B.A B.— l8t.6s,191 Sterling Mt.Ry.— Inc., '95 100%' Rome W. A Og.— con. 1st, "73' 80 74 St.I..A. AT.H.- Div. bds Roch.A Pitt.-l8t,68,1921 106 106 14 Tol. Uel.AB..-lnc.,68,1910 65% 70 20 Rich. & Al.— 1st, 78, 19'20 80 81 I'syton Div.— «8, 1910.. 91 Ricb.A Danv.— Cons.g.,68 93%' 94 14 Tex.Ast.L..-L.g.,incl92U > 2d. 7s, " . . 1894 Ced. P.AMinu.-ls-.78 Ind. Bl. &W.--l9t;prf. 7s l'24i4 1st. 4.668, 1909 103 14 105 2d, 4-5 6a, 1909 1221a 122^4 Ea»t'nDiv.-6s, 1921 94% 2d, 58, 1911 lst,S.MInn.Div.G8,1910 106»< 106'8 Int.A Gt.No.— l8t,05,gold Ist, H. AD., 78, 1910.. 117 Coupon, 68, 1909 Ch. A Pac. I)lv.,6s,1010 108% 108=4 Kent'ky Cen.— M.,08,1911 lfct,Chic.AP.W.,69,1921 91=4 91'e Lake Shore A Mich. So.— Mln'l Pt. Div., 58, SllO. %i 90% 91 Mich.S. & N.I.-S.fd.,78 C.A L. Sup.Div.,08jl921 Cleve. A Tol.— Sink. fd. N'weet— S.fd ,78.'85 C. Interest bonds, 78, 1883 Consol. bonds, 78, 1915. Extens'n bonds, 7s, '85. l9t,78, 1885 Coupon, gold, 7s. 1902.. Reg., gold, 7s, 1902 Sinking fund, 6s, 10'2y. Sinking fund, rog Sinking fund, Ss, 19'.!9. Sinking fund, reg Bacsn'aA L.S.— lst,69. M. Mln'B-l8t, 78 106 lst,conB.,guar.7s,1906 Sar.— Ist, coup, tl37 Reus. Ala.CcntraI— 1 st, Bs, 191 a8% Mil.L.S.AW._l8t,6a,ltf21 '1081^ No price Frldav-these are latest quotatioa* made this week. . . . C— ' . . I , January THE CHRONICLE. 27, 1S83. New York InMaranc* St«ek IJ«(. () are Par. not NatlonaL thii« America* Amer. Rictiange... Bowcrj' Broftilwav Butchi-rn' <& DroW I'ciitral Cbiute Cliatliain Chamlcal CltllDDs' City ComnK^rco Couttiiciital Corn Kxchaugo* KaAl Utvrr Slevcuth Ward'.... lifth nnh ATcnne* Jlrat Fourth FnltOD Gallalln fleminii American*. Genital) KxclittDge* Germnnln* Greenwich* Hanover Iniii. A Trader*' Irvinit I^hinct i'itv' Loathi r Miinnfra'.. Manhattan* Marino Marlcet Mechanics* Mechgnii'8'i£ Trada' Mercantile MorchantH* MerchanlH' Exch... Meliopolirt* MetroptilitAn Murray llllf 'Naaaau* New York N. T.Nat. Exch.... Ninth North America* North Kiver* Oriental* Pacitia* Park People'8* Phenlx Produce* Kepniillc St.Xlrholas* Seventh Ward Second 8hoe<& Leather Btate o( New York* Third Tradeamen's XTnion United States Wall street West Side* by B. B. Bftlley* Bid. Aak. 151 100 100 100 ZS 36 100 100 25 100 2S 100 100 100 100 26 iso" 131 COMPANIES. 50 AmurlcAil Amor. Ezchanse... 100 'i5 nroa^lway 25 BrcH>klya 17 121 Cltl7:cu8* 20 70 135 City Cltuton 140 100 60 100 Coiinnerclal CoDtluental 40 Eftgto BmniroClty 150 120 160 Klr«MiiPn"8 •in 121 124 17 10 IOO IOO TmBt A Kmp.. . aprmnn-Aiuerlcan . Fmnkltii 100 100 100 100 30 BO 78 100 100 2S 100 100 SO 60 100 60 100 100 26 25 100 60 60 100 100 100 100 100 100 100 70 30 25 60 100 26 20 50 100 100 100 100 100 100 100 1(K) ExiOtaofre KarniK"t; Flromen'8 (.jenimnia Cllobe flrecnwlch GunnliaD Hamilton 6i\ Ilauovor 126 HoflTinun 136 Howanl Home Iniportcrs'A Trad's' 183 Irvlnif J offei'Hou Kinf^H C'nty (Bkn.). 160 160 140 135 Knickerbocker Lamar Lone Isl'd ii's" ioo" (B'klyn) Lorillanl Mannfac. A Build.. Manliattanl 115 ISO's i32' 97 Mechanics' (Bklyn) 156 Merchants* Mccli. A Traders' .. Mcrca-ntlle 165 Montauk Nassau 120 Niagara North River i35" 165 168 (Bklyn.).. (Bklyn.) ... National N. Y. Equitable.... N. Y. Fli-e N. Y. A Boston .... New York City 146 ieo"' i I I Pacific I Park Peter Cooper 100 People's 140 140 106 , Phenix , Relief Republic , Rutgers' Standard star 136 .... Sterling , Stnyvesant 40 60 158 100 50 105' 100 l*ra(leAmen'8 i'so" 110 Aak. Bid. Bowory United States Westchester Williamsburg City. 60 60 25 100 15 CO 60 100 50 BO 100 30 20 40 100 60 25 100 100 25 60 60 60 60 60 37 Ij 35 100 100 100 60 23 25 100 20 50 60 60 100 25 60 100 100 25 25 25 10 60 146 105 160 170 160 140 115 120 150 110 IOO 176 IHO 160 I'JO 126 KM) 240 05 230 210 70 220 81) m 117 100 125 80 100 120 180 147 120 280 70 90 115 IHO 140 110 260 80 115 1.10 80 142 Iq 72 75 70 125 180 75 70 105 63 107 25 IVO 30 66 100 105 140 '.l.'i 145 80 5 60 165 103 165 110 155 117 142 65 75 120 100 70 60 120 80 125 120 220 120 140 85 148 80 85 80 180 210 85 76 110 60 113 40 130 140 75 110 110 150 106 150 90 10 65 170 108 170 120 165 120 146 67 85 140 105 75 60 126 85 135 126 260 GAS COMPANIES. 1«7 72 112 Bonds io,-> Harlem 93 155 226 190 106 112 103 60 90 118 45 103 87 80 80 100 78 189 106 65 110 IOO 1«0 230 200 110 114 105 65 95 122 50 1»5 92 90 55 102 80 191 110 Citizens' Gas-L. (Bklyn.) A Hoboken. Manhattan MetronoUtan BouuH Mutual (N. Y.) Bonds Nassau (Bklyn.) Jersey City Scrip New York People's ( Bklyn.) Bonds Bonds ... Municipal Bonds Fnlton Municipal 76 900,000 J.* J. Istniort. 1,000 694 .0<M) J. * J. Br'dw8y*7thAT.—Sfk.l 100 2,100,000 Q.^. Istmort 1,000 1,500,00(1 J. *n. Brooklyn City-Stock....! 10 2.000.00(1 Q.-F. Istmort 1,000 300,000 M.AN. Br'dway (Bkln.)— Stock. 100 200,000 Q.-J. BklTn.CYosstown— Stock 100 400,000 a. -J. 1st morl. bonds 300,000 Q.^. 1,000 BnshwkAv.iHkln)— srki 100 SOO.OCNI J. A J. Cem.l>k..N,<(tK.Hiv.-.8tk 100 1.8<K),00(l Q.-J. Consol. mort. bonds 1,000 1.200.000 J. AD. Ctarisl'pb'rAlOthSt— Stki 100 6.'iO,000 F.AA. Bonds 260,000 J. A J. 1,000 DryDk.E.B.ABafy— 8tk 100 1,200,000 Q.-F. 1st niort., consol SOOAc.' 900,000 J. A D. Eighth Av.-8tflck 100 1,000,000 Q.-J. Ist mort •-03,000 J. A J. 1,000 42d 4 Or rd St.F'ry— Stk 100 748,000 M.AN. 1st mort 1,000 236,000 A.AO. Central Crosalowa—Stk. 100 600,000 Ist mort 1.000 200,000 M.AN. Hou8t.W.8t.*P.F'y-Stk 100 260,000 1st mort 600 600,000 J. A J. Beaond Av.— stock 100 1,199,600 J. A J. 3d mort 1,000 160,000 A.AO. Consol. conv 1,000 1,050,000 .MAN. Extension 6U0AC. 200.00(1 M.A 8. Sixth AT.-tjtock 100 750,0<K) M.AN. lstu>»vt 500.000 J. A J. 1,000 Third At.—stock 100 2,000,000 Q.-F. 1st mort 1,000 2,000,000 J. A J. Twenty third St.— Stock 100 600,000 K. A A. Ist mort 1 ,000 260.000 M.AN. Bi'okerSt.AFult.F.-Stk 100 I ' | | ' I 1 'I'Jan., 7 iJuly, 2 1900 '83 Jan., June, '84 SJa Nov.. '82 7 Jan., Jan., 1^ 24 107 144 102 210 ....(102 '83 190 ue^j 103 216 110 200 '83,150 105 ISO •83; 144 Dec, 1902 116 Aug., '82 108 1898 100 Nov., '82 260 June, '93 115 i Jan., Jan., '83 Jan., 'S3 2.i0 June, Nov., 27 112 '84 '82 April, '93 112 262 >g 117'il 100 110 250 110 78 116 NOT.,1904 103 82 Hi 108 Nov., Sept., Nov., July. Nov., July, Aug., Kast Penn.— Ist, 120 1888 107 7s, RastnnAAmb'r— 5s, 1920 83 >4 Kl AWmsp't^Tat,6s, 1910 115 100 5s, pertielual . — 1^4 Income Dayton DivlBlon Main Cons sto<;k8. Atchison A Topekft Boston A Albiiny Boston Clinton & Fitebb Host on A Lowell Boston A Maine Boston A Providence Cheshire, prefoncd Chic. Clan. A west •SSb 83 », 175 100 1!>0 A 60 'ei' cieve. ido' Concord Connecticut Hiver Conn. & Fii8snmp»iG Connotton Valley Kastern, Mass - Kastem, 102 152 H) 160 "a Michiaan., Sandusky 89 41 New Hampsh.. 1^20 A Sioux City. Hock A Ft. Smith. 88 34 87 A 121 Common Little M aiue Central Manchester A Lawrence. Marq. ilought'n A Onton Preferred A Lowell 5 Nashua 12 "a AKlie- 2d.7s,cp ,'88 Cons., 6fl. 1920 Cons., 5s, 1920 Phlla. Newt. N.Y.— 1st ll.-lst,6s,1910. Phil. 2d, 7s, conp., '.893 Cons., 78, reg., i9ll ... Cons., 78, coup., 1911 Cons., 6b, g., 1.R.C.1011 Imp., 68, g., coup., 1897 Oen., 6s, g.. coup.. 1908 Gen., 7«, coup., 1908. Income, 7.s, coup., 1896 Debenture coup., 1 893} Fliil Rich. A •2d, 6s,1938 Tex.is A Kio Or. Dlv.— 1930 Cons, 6s, gold, 1 905 337 . . A L. Or., 7s, 1915 A^msv.- Ist, 7s. Warren A F.— 1st, 78, '96 Inc. Union 12515 United N. J.— Cons.6s,'94 20 05 61 92 >4 97 95 30 90 28 105 106 85 Hi 86 la 94»8 l8t,6s, coup., Ist, 7s. 94\ 60 Hi "04" 923, 114^ 113 119 1896 121 1890 Cons. «s. 1909 RAILROAD STOCKS, 106 78 120 West Chester— Cons. 78. 117 West Jersey— 68, deb. cp. . llOij W.JorseyAAtl.- 1 8t,68,C. Western Penn.— 6s, coup. PHILADELPHIA. no 68, P. B., 1896 Oen., 78. coup.. 1901.... CANAL BONDS. t Allegheny Vslley BnfTalo Pittsb. A Weat'n Preferred Camden A Atlantic. Preferred HoiiikI 94 14' 94 « lOlVlOll* Dan.- Cons.int.( 7s. Paclflc— Ist.Bs.g. Preferred DchiwareA 111 Syr.Oen.ACom.— Ist, Wisconsin Central Ist preferred 121 120 125 125 . A Potts.- 78 Sunbury A Erie— l8t, 78. Sunb. liaz. A W.— 1st, 58 A St. Louis... Vbrm't A Massachusetts Worcesier A Nashua.. 2d preferred 103 Hi 104 A A ShaniokluV. 6i 115 Tol. Clun. Caiawissa 123 128 103 111^4 112 Perkiomen— 1 st, 68,cp.'87 100 89 78, coup., 1900 34 Hj Pitts. Titus. A B.— 7s.c 150 Pullman PalHce Car Rutland— Preferred Revere Beach A Lynn 104 Conv., 78, R. C.,1893..t Conv. 7s, coup, off, 1893 92 Hi Phil.Wil.A Bait.—48,tr.ct Piits.Ciu.A st.L.— 7s, reg 121 9912 100 Falls 1919 C—78, 1896. Deb. conp. off, 1893 Scrip, 1882 121 26 Hi 27 Fitchburff Flint Pere Marquette. Prefcrrwl Fort Scott A Gulf— PreJ. Iowa 58, reg., , A N. Y. 7,1900 Pa. line 18i< A 5 Ches. Del.— l8t, 08,1886 18<4 Lehigh Nav.—68,reg..'84 — reg.. 1*97 .. Cons., 7s, reg., 1911 Greenw'd Tr., 78. reg. . MoiTis— Boat Loan rg.,^85 Pennsylv.— 6s, cp., 1910 Schuylk. Nav.— I st,6s,rg. 2d, 6s, reg., 1907 Mort. RH., 23 66 55 Brook 130 East Pennsvlvania Klmira A Williaiusport. 40 68 70 Preferred P. Mt. Joy A Lanc'r Uuntlnffd'n A Broad Top Preferi ed Lehigh Valley Preferred Little Bchuvlklll Mlnehill A sch. Haven... Ncsgiiehoning Valley Norfolk A Wcsfn—Com 59 >4 14'!) 151a •29 30lal 1st pref 64=8 64 2d pref V 61'4 63 54^4 66 le 115Hl II6I4 1161a 86 90 12-2 Wash. Branch Parkersburg Br 100 Northern Central Western Maryland 60 50 50 ,50 Central Ohio— Com Pittsburg A Connellsville Prcferre4l Northern Cent ral North Pennsylvania Pennsylvania 86 102 », BALTIMORE. RAILR'D STOCKS. Par Baltimore A Ohio 100 68 8 54 1^, 15 10 ?,?• 17 48 RAILUOAD BONDS. 104 If A Charl.— Ist 104 70 72 Balt.AObio—68,'86,A.AO 104 4| Phila. (Jcr. A Norristown 1U6 ColumbiaA Oreenv.— lata 100 > 101 2da 72 Phlla. Newtown A N.Y.. Phila. A Reading 27«B 27»4 N.W.V».-3d, guar.,JAJ. Phila. A Trenton Pittsb. ACon^ells.-7sJAJ 119Hl No.Central—6s, '85, J.AJ. 102^ Phila. Wilm. A Bait 60 Pittsb. CIn.A St. L.—Com. 114 6«. 1900, A.AO 39!>< Ss, gold.lOOO, J.AJ.... St. Paul A Duluth—Com. A 66 601a 19 "4 Krie 60«8 Cen. Ohlo.-68, l8t,M.A8. W.Md.-(is, lat, g., J.AJ. Prefe rre<l J. 188 Companies.. 48 29 T.ehigh Navigation 39 14 39^4 13 13 »i 1st. 1890, CANAL STOCKS. 240 110 270 110 250 116 Allegh. Val.-7 3-108, '96 78, K. ext.. 1910 113 Belvld'e Del.-l8t,6a,l902i 155 1162 Pennsvlvania ... 122 ' Kx.dlvld«nd. 48^4 ; ' t A 2d, guar., J. J 2d, pref 2d, guar.byW.Co..J.^tJ 3d. guar., J.AJ 68, Mar.ACiu.- 78, 3d '91, F.AA. MAN J.AJ Richm. A Danv.—Gold. 6s Union RR.— lat.gnaJAJ 60 1211a Virginia 8s A Tenn.— 6« .... Wil. A Weldon—aold,7a. 104 lOi-a 106 Hi Wilm. C. AAng.—Oa Per ahara. 108 <! ISO 1S3 103 101 54 >< 66 04% 93 't 1161a Canton endorMd 1-20 Inc. 7s. end., coup., "94 M, 68,1887 1231a 100 14 J.AJ 88, Sd. RAILROAD BONDS. 2d. 68, 1886 Atlanta fnc 22 107 West Chest er— Cons. pref. Wiwt Jersey West Jersey A Atlantic. Schuylkill Navigation Preferred tiondt. 126*3 i27'» A Bound Br— Ist, 7s I 108 »£sr. This ( olomn ahowa laat dividend on tUxla, but date of maturity of iVii' DeL , 115Hi 113 103 ., 106 180 Jl 1 K 113>9'116 (•liarfrs V.-lsl, 7», 1901 Connect'g Os, cii.. llKXt.04 Delaware- 6s, rg.A cp V. 1 no '83 180 Jan., April, 103 Atl.— l8t,7B,g..'9a 118 103 2d. 6s, 1904 Cons., 6 p. o — 115 186 '94l..„ ni"* lis A Cam. HaiTl»l)g-l8t.8s, 1883 HAB.T -1st, 78,g., 1800 90 6b 80 (•ons 5s, 1895 60 65 California .Southern— fi Ithat'aAAth.— Ist, gld ,78 110 Ka*il'rn. Mass. 4 '•js, now J unction- St, 68, 1882. Fort si-oit A (iulf-7s. 110 •2d.Us,1900 Hurlfonl A Erlc-78 ., Lehl«hV.-l8t.68,reg.,'98 130 105 '4 K. Clly I.awT. A Mo,-5 120 1st, «s, coup., 1898 114 K. CltyiSt.Jo. AC. n.-78 133 2d, 7s. reg.. 1910 98 120 1«. 1 ittlo R. A FI. S.— 78, Ist Cons. 6s, reg., 1923 Mass. Central— 6h 120 Cons. 6s, cp., 1923 731, "i-iK N. O. Pao.-Ist, 6s. 1920. Mexican (Central— 78 89 106 N. Y. A N. England— 68. 106>s No. Penn.— 1st, 68, cp., '85 103*4 116 110 78 2d, 7B,cp. 1806 124 N. Mexico A So. Pac.— 78 1131, Oen., 7s, reg., 1908 124 OKdensb.A l,.Ch.— Con.68 80 Oen.,7s, cp., 1903 Income 104 Debenture 6s, reg Old Colony— 78 Norfolk A West.- Uen.,6a 100>4 101^ 68 Oil Creek- 1st, 68, coup.. 103 113>4 I13>a Pennsylv,— Gen., 69, reg. 125 Puolilo A Ark. Val.— 78. 97 Rutland— 68, Ist 124 12S (Jen ,6s, cp., 1910 Sonora 7s 119 Cons., 6s, reg., 1905.... 117 T. Cinn. A St. L— 1st, 68 Cons., 6s, coup,, 1905... 110^'. United N. 80 July, . Phlla(l(!lphla 147 117 112 112 Toil, 105 112 Cam. A Burl. Co.-ea,'g7. Calawlaaa— Ist, 78, con. e. Chat. M., 108,1888 131 New 7« reg. A coup . Ex. Nebraska, fla Nobranka, 6s Nebraska. 48 Chic.Burl.A Q.— D.Ex.... Conn. A I'assumpslo— 7s. Connotton Valley— 68.... 1889 Mort.,0s, 1889 114 Aak. Bid. A Ambmr— Os, c.,'83 6«, coup., 121^ . Har. [Quotations by H. L. Grant, Broker, 145 Broadway.] '83' B08T0N. A Top«k»-l«t, 7a. Ijand ffrant, 7s Atlanllo A Puclllo— 6a Income Roaton A Mnlne— 7a. Roaion A Albany— 7a 6a Boston A lA>well—78 68 Boston A Proviilonco— 78 Burl. A Mo.— Lid. gr., 7s. Atch. SKCURITIKfl. Aak, Cam. A New KuKland ... 4818 Nortliern 01 N. Hampsh. 110 Norwich A Worcester-. OedensI). A L. Champlaln 25 136 "a Old (Colony Portland Sflco A Portsm 113 Bid. Brooklyn aasLlght Bid. N. Y. Ciaa and C'itr Unilroad ^tocka and Bonds. [Oaa Quotations by Prentiss A Staples, Brokers. 11 Wall Street.] Central of New York WillUiinsburg BoiBls MotropoliUn (Bklyn.) BBOURITIKS. 7 Pine St] PRICK. COMPANIES. Marknl [Piireii PhiUdelpkU and Baltlaore. ({notations In Boston, Loeal Seenrlties. Bank Block Umt. 1(15 X In default. I 100 1^101 13411 136 110^130 100 I Ex-righU. THE CHRONICLE. 106 New York BAILROAD EARNINGS, and the totals from Jan. 1 to The statement includes the gross I atest date are given below. earnings of all railroads from which returns can be obtained. The oolumDS under the heading "January 1 to latest date" fnr.nish the gross earnings from January 1 to, and including, The latest railroad earnings Latest Earnings Reported. 1883. Jan. 1 to Latest Dale. 188S. 1883. 1882. $ S » wk Jau. S 44,302 21.133 60.050 13.070 97,698 66.889 116.048 42,111 wks Jan. tn.ioi 115.880 115,880 wk Jan wk Jan. l(iG.199 Wk. Jau.20 ChIcA <aio. Mil.&St. P. ad wk Jan Jil wk Jau Noillin-.i & Obic <3U.8t.P.Min.\0.i.1cl wk Jau (CUn. A \V.Mioli.l2a wkjan. Otev.Akion* ("ol|2rt wk.Tau. wk Jan Ool. Hoek.V.&T. Denv. A Kio Or. '.id "wk Jan I)e8Mo.irt<.n. 2rt wk Jan. Uet. I.un. .t No.. 2d wk Jan. .o2,3B2 140,831 36.240 31,329 313.704 372,342 U7.101 314,739 Bur.Cwl.K.&No. 2dwkJan. Oent.Hr.nn.Pfti'. :!d taiari.O<il.*Aii.e.,2 C»itcnKt<>v AlKiniad East. Ill jid Ctalc. A (J i-.Tiuii K 31.340 ; M ASiimx 322.000 294.067 67,400 4,820 101.700 8.501 24,17.T 2.3,335 22.353 113,140 11,583 38,392 8.5,800 17.813 1--7.893 ll.lfiO 42,19.3 Ft.W.& Denver. 6,300 6.128 78,842 41,600 52,314 70.042 32.632 29,726 26,888 16.078 31,775 256,940 13.453 117,721 wis Or.Bav«'.A.St.l'. wkJan. 2d WkJan. -'d «iilfCol.<;Saii,Fi'iJ wk.s Jan. flftntiilialAf-l.Jo tJil wk Jan. iDd.Bldiini.A WJid wk Jan. A IiiL Ut. North. jSd wk"Jau. IC.C.Ft.8. AGull iKt wk Jau I* Krlo A Weafn 2d wk Jan. 1*11. AKt.Sniitli 1 wks Jau. I..Kk.M.P.iv.AT. 2 wks Jan. id wk Jan. Lone Island liOuisv.ANaslir. ;;d WkJan. Mil.I-.Sh.&West :d wk Jan. Ho. Kan. ATex. 3d WkJan. 3a wk Jau. 2) dj's Jan K.Y. Klevaled.. 2 j rtys Jan Miraoni'i PaoilU.'. HeU-oi>ol. El«v. A West. 2 wks Jan. Hortliein Paeirte 3d WkJan. Oliio Central 2d WkJan OhioSoullioru.. 2d wk Jau. Feo. Dec. A Eve. 2d wk Jan. Norfolk Klohni.A Danv. 2 wks Jan Bt. L.AU. A T.ll. 2d wk Jan. Do (I)rcli8.) 2d -WkJan. 19.995 7,006 8.31.') 47,570 Jan. .'d i: 72.801) 22.fi47 Va AOa i wks Jan EvauHV. AT. M. Jd wkJan. Flint A r. Mani. 2d wl( Jan B.Tenii 5,904 51,144 29,158 43.284 48.942 32,214 29,194 19,327 11,217 30,353 215,340 15,270 84,325 120,549 183,322 208,613 67,338 55,406 24,192 131,900 174,287 200,083 76,485 97.37P 16,535 8,125 10.200 7,42S 14.861 17,340 155,012 271,100 10,076 46,024 33,074 127,893 22.976 85,58-: 12,700 13.132 78.842 119,0117 110,098 216,112 32,632 56,276 26,838 16,078 98,0«5 741.720 45,921 354,599 455,600 174,287 2«0,083 76.483 310,631 36.617 17,403 19.181 279,515 68,367 83,684 973,474 1,107.991 218,435 14,132 1^81 I 94.779 Atcli.Ton.AS.Ke Noveiuber. 1,331,470 53,15-3 303.3«.T 25,915 319,595 17,450 1,260,000 tl9,447 610,609 21.896 Jan. 1 to 8(j,897 856,724 11,489 51,144 83,374 82,943 152,763 32,214 56,032 19,327 11,217 92,816 611,820 45,140 267,167 370,830 183,32-2 208,613 67,388 166,218 48,517 13,944 28,129 Nor. .Vovember. ax-uv.& K.Gr.W. November. Easlern December. Ellz. Lex. A B.8 November. Hoiii>.l'-..A\V.T<x December. BoiiK A Tes.C 11 December. lllin<ii).L'en.(III.r Dceember. Do (Inwa) December, ( Central A ...; i lieeeinUer. Mo. R. November. liOuin.N.A ACh. November. lfnr.II<ini;ii.A<). December. 3(cniji. A Cliarl. December. XiO«i«a. JdexK'Hii C'«nl.. l)o So.Div Ucxiean Nat'i.. Mlllll.A^I.I.i>IIIs Mobile A Ohio.. UBBhv.Cli.ASt.l. Y.AN.Kni,'rd K.Y.r..E.AWe6t. JNi NorrlK-rn Cent.. 20.612 18.097 36.168 249,391 61.188 26,070 430,182 543,092 133.939 102.229 59,102 122,000 23,000 146,448 22,344 148,136 77,209 147,701 307,643 186,352 261,082 270,950 23,471 22-), 560 13,917 1.420,000 tl9,481 590,954 15.926 December December. November. December. December. December. December. November. 1.818,824 December. 490.003 November. 343,793 789,372 13.296.32? 11.125.756 'Ohio AMIhs.... Ol-e|;c;n Imp. Co. October . Ol'enoiiU.AN.Co I.>ecenjber. Oret!on A Cal November. 240,0(34 433,608 275.900 378,785 112.000 PoniiH^ Ivnnia .. December. 4,157,169 Fhiladeln.AKhe November, 369,583 3 ,73i',75i 234,078 Phlla.A Ueadinv December. 1,795.371 ,850,889 J )o Coal A 1 December. 1,069.829 ,380,783 BtJoUnsb.AL.C. November, 24,584 19,489 Boutli Carolina December. 149.010 126,061 §8o. p.ic. Cal.... Septeiiib'r ;347,562 o. Pac. of Ariz. lei.tcuib'r ; -30,690 Doof N.Mcx Scptemb'r :ti8.810 Utah Central ... November 136,204 143.972 VitkBhrt-A Mer December, 67.828 67.897 W--H Jersey November 68,856 . . t 6,914,81 1.016,414 1,165,178 499,022 1,197,420 3,187,415 ^ Hanover 24.703 249 900 5S6.«0(i S.OSI3.000 3,(80.90(1 667.70(1 2,531 Nassau Market 2,27?, 5 Corn Kxchauue.. Continental 10 Park Wall St. Natlon'l North Kiver Bast River Fourth National. ContralNat Second Natlon'l Ninth National.. 8.627,000 10 S8»,90<| 1 7,842.500 1,593,100 i,4r;,ooo 1.128.600 14.987,900 7,376.000 3,183.000 5,957.900 First National.. 15,.146.10O Importers' & Tr,. l,165.8[l( si'i.boo 531,900 4:)rt,000 2.1 36,000 1,531.001 661 ,500 8'I4,000 479.3,) 592.001 406, 1 0(, l,3'i«.80P 72,600 657,00( 6,185,100 21,00.' 67J.O0I 3,S' 5 20f 005,0,iC 1.40(1.700 3-.'5.7,-)C l.H75,»00 1,63 '.,900 3,6:8,800 4,608,000 1 .«»4 200 Fifth Avenue... . 240,700 1830l' 252 Total 1,0 '6,700 280,100 from returns of previous week are as follows Dec. f 4-il, 400 apccle Leuul tenders Inc. lac iO».','0O 691,500 I Net deposits Circulation Specie. Z.. Tenders. B2.177.,S0O 22."7J.900 20....8'.7,4J9,S0O 6-,),637,700 j:3,061,4;0 Depnnits. L.Tenderi. Sv'cie. • S . 140.473.500 e,3.)-J,100 5,504,.?00 ly-i .. 150,207,1100 6,13.1,100 5,135,300 17 521700 165,-23 3.748,6>5 6,733,955 1,852,442 1,001,306 416,702 totals of the Boston banks. Am. Clear. 2.179,062 1.933,047 3,408,160 2,103,2-'0 2,07.1.258 5,800,176 5,443','7bo 2,809,943 totals of the Philadelphia 4.468',680 49,079,826 14.i24',i78 3,67,5.901 3.171,.537 21,834,598 20,770,101 15,099,085 14,096.941 241.132 198,105 1.313.746 1,245,285 , 2,943,006 J 2,145,386 { 557,58m 1,391,415 485,337 1.036,043 banks are as follows: 1888. Jnn. 15. " 2i Loans. L. Tenders. * » 19.513.543 20,013,953 .„ 72..44.7>:4 73,74;,5;5 . 6 A11.& Pao.— Bl'k9,35*.102 Branch Incomes Cent. Host. H. & Old 103 "2 7S 19 E.— New st'S: 6«,732.-<5J 67,430.931 Preferred 5434 1 8t mort 95 Cal.& Chl.Ca'l&Dk.. 28 Preferred 78 Cliic.&Can.Soiith — Ist 32 Contin'L'lt'on8.~S5 PC 50 Deu.&K.G.R'y— Coils. 87 Denver AKio. Gr. West 24 Istmort 69 Georgia Central 97 Guar. 1st IIII3 91 Certs, of Indcbt Ind. Dec. Spriugf... 3 Ist mort. fund Intern'l Imp. 80 p. c.. 4513 Lehigh & Wllkesh. Co. 10 ,ittleRk& Ft. Smith. 28 Istmort Massachusetts Cent .! Ist inort . Istmort Subsidy scrip Mlch.&O.--Subs.55p.c Istmort M.U.St'k Trust ('erta.. Newb. D'tch & Conn . . Pref J. (fc . 9?^ 4934 48 8514 70 N. Y.— Com... Bid. Asked. . . . 3212 33 57 96 33I2 46"' 55 8818 26 70 ?» 100 93 7 99 47 20 36 XOO 31? 3 16"' 10i« 5014 53 100 23" 1 '5" 15 2>s AScrauKm 3213 75J8 7519 cons., 100p.c,ex-b. &8t'ck. 25 H 18 219 Incomes N. {i^ 21 Memphis * Cha'ston Mexican. Nat New Street: N.Y.W.Sh.&Buir.—Stk del.wh.iss.on old sub 30 .5s . 75 N.Y. 25 32 . 55,198.995 50,629,103 Sulw."'6'& W.V7.5'p.o 7478 I3 14 B'lvlyn El.— l8t mort.. Bull. N. Y. Ph Ago. CUa: Circulation. * «,T71,750 9.»J3,291 Deposits. * Bid. Asked Am. Eailw'y Imp.Co— & 2,86l',908 4,955,500 f 72.157.438 71,393,871 due to other banks." Philadelphia Banks.— The & 903.519 714 249 401 73u;7»5;630 17,4-.0,200 Deposits.' Circulation. n f 04,0117.100 29.890.200 Vi.aiO.HM 3J,818,300 $ Jan. 15 Includini; the item " 6^,5'JO Clreulalim. AfK. Clear 307.980.000 303,309,300 Boston Banks.—Following are the • : $3-9,309 I 13.. ..817,8,11.200 1883. Inc. Uer, ... the totals for two weeks follo-vfing are Loans. •• 45,000 00' 56.000 80.983,700 317,459,800 82,637,70.1 23.(64,100 308.308,300 17,170,200 Ttie deviations Jan. TOO 4'<.70( Loans and discounts The 225,000 180,000 «' 300 6 1,2-^3 l,R-3S,6or l,8ao,'200 4,&^7,90(l l,48a,-i00 .. Geriuania tl. .S. Nat Lincoln Nat 6;!«.9jo 297 .OiX) 90,000 591,300 405 40U l,4«0,3l)l 5,634 000 German Exch. 221.600 130,40t 4.909.401 .. .^erm'n Amerlc'n Chase National.. 15,000 2.'8,90-, Bowery National \. York County . 270,000 l,3»2,9i 3,707.1(X) S. Y. Nat. Kxcb.. Third National 270,0)0 431.466 275,100 5,080,-.i00 2, 1 18.000 Oriental 4S,ono 5,400 173,10( 277.001 5(XI 000 1,125,01)0 898.4iyi 2.f47,000 2,314 700 2,690,000 4.330,800 Nicholas dhoe & Leather.. St. 7113 830.100 682,100 8,588.400 . . 959-900 900,000 l!S!i.40( 8-•^KS,000 1'3,3«4,000 IrvinK CitiEens' Marine 97,800 295. 10(, 2,«43,80(; Ex bonds and stock. . Freight earnings only. Central FaolBc eamiagg -""vo. above. Southern DlvUion. iTiicliideil lu 3,413,810 482,229 260,860 3,173,389 ,715.409 476,623 260,425 i 3,114,200 1,086,900 3.887,400 U,B39,0Ofl 15,710,300 5,611.200 6,200,300 America. !forth 777.805 565 600 13.S.OO0 People's 1.100 267,600 Unlisted Securities.—Following are quoted at 3S 1,078,880 126,594 253.812 173.127 Broadway Loam. 17,601 21.«42 376,87 533,083 180,390 120,122 42,041 88,000 19.000 137,399 Commerce 1681. 82,645 218,308 Seventh Ward State of N. York. American Bxch 859,000 859.90(1 3,787,10(1 5,37.800 «86,(KX) 9t)0,700 - 167,6:11 4.1,410 2,543,356 97..>37 Bntchers'&Drov Mechanics' & Tr. Greenwich.. Leather Man'f 'rs Metropalltan Bair. Pitt«l).A\V. November. 86.817, 60.739 827,897 620,125 -Central of Ga...' Novenibep. 411,500 419,551 Onli-al Pacilic Dec* mber. 1,908,000 2 ,22i.l79 25.713,156 24.094,099 CboKiii. A Otiio. 3 wks Dec. 187.677. 133,736 3.209,297 ~ 630.938 Chie. I'.Mi. A <i.. November. 2,199,421 1 ,816,1.33 19.523.74 4 19.270.965 Oin.lnd.St.l..AC. December. 189.9.-)6 195.809 2,045,329 2,415,372 Oiurtnnati.Soutli December. 208.814 236..599 .Colnnil>.AQi-een. December. Ounnoitoii Val.. Deceinber. Merchants' Bxch Qallatln Natlon'l 3,!*S5,,300 1 .552,1100 $ 1, 303,335 Fulton Chemical Chatham Latest Date. 1882. Tradesmen's 6,6a2,«00 49,490 25,725 6,970 363,438 176.002 PhoBnii City !!,H09,700 182,600 425,r,7'.' Union America Repabllo 54,731 28,940 6,721 jMa.Ct.Ponttierii Deconil>or. Iowa . Pacific t73.8()0 1882. I 1.925,000 1,773.000 1,502.800 936,000 590,200 1.081,000 6^2.000 3,12f,in0 349,500 9.52S,00n 7.858,000 6.884,100 7,117,000 4,304.800 9,169,900 2.788,000 7.087,»00 S.1S5,000 1.823.000 13,0,1,500 3,638,300 4,126,800 1,605,400 Yorit Manhattan Co. Merchants 15,687 43.099 41,078 113.140 20,472 73,402 24,745 13,451 Eoadi. A discounts. Mercantile tS2,6iiO Lutcst Earnings Beporled Specif. 332,600 28,743 lin730 1 \n'eilcorMo\. 60,943 149.278 973.000 910.652 215,390 t7,i,800 A Oi'lro St wk Jan 6.721 6.970 Bul/.ln>nMt.AS 3d wk Jau. 146,141) 120.553 St.t'.A.Sun Kran. 3d -WkJan. 58,900 54,711 •fit JPaiil A Dili.. 3d wk Jau. 16,071) 15.136 et. v. .Minn. AM. 3d wk Jan H5,00C 90.92S Seloto Valley... td wk Jan. 8,98fi 7,99C Tnxiw A Pacilic 3d WkJan. 104,512 72,017 Tol. Cin. A St. L 1st wk Jan 17.45( 13.917 Union P-.ieilie... 22 dya Jau 1.260,00( 1,426,0CC Va. Midland.... 2 wks Jan. 1 19.447 tl9,481 Wab.«t.l-.APac. 2d WkJan. 325,711 299.3flH Wlscunsiu Cent. I8t WkJan 21.89( 15.92C Stl/Oiils 3)aiiliiiry Loana and MechaniCB* Weeic or 2lo following statement shows the Average aTnounc o/Capital. New Boadt. I>ul). Banks.—The City condition of the Associated Banks of New York City for tie week endins- at the commencement of business on Jan. 20: I ithe p«riod mentioned in the second column: XXXVI, [Vol. 24 5 N.Y. Sua. Pref & West.—Stk Ist raoit Debentures N.Y.& Or. L.-lst 2d Inc inc. 6 16 19 74'3 75Ja 50 29 T^ N.Y.Chlc&St.L, equip.lOl 7Hi 60 \6" 10213 N.Y.L.&'W.— Sp.c.g.stk 82''8 8318 Ist mort 109^8 110 North Pac. div. bonds. 915^ 91% No. Klv. Const.— 9op.c 104 105 Ohio Kiv.Div. ist. iWa 67 Incomes lO^s 16% Oregon Improvem't... 90\ 92 C— Utmort 933a 931s Oregon Sh. Line delivered when issiioil.. .... Bubs. 70 p. c 105 Snbe. ex-lid. & gSi... 55 Blks ex-honds stk.. 55 (ir.Trans-C.-Sb. SOp.c. \<3\ Pensac. & Atlanio 28 Istmort & Western 16 Rioh.<feD.Ext.8ul>s.70i 50 St. Jo. ii. West lO^a St. .To. & PHCiao Ist. 60 18 2d mort K.ins. & Neb., Ist... 60 Pitts. 2dmort 35 85 20 SUTg 17 Tex.&CoI.Imn.— 60p.c 95 E.x-bond...'. Texas & St. Ix*ui8 112 103 10 lat mort., M.diA. div 71 73 Jakcabt THE CHRONICLE. 27, 18t8 summer, Juucstmcuts lOT Thexu Talaablu coaofctlonii will add largely tu jomr business." " LfVBSTORa' Supplbmbnt eontaini a eompUte eo^ibit of (A« Funded Debt of Statet and OUit* and of (A« Stockt and Bondi »t Railroadt and other Companit*. It U published on the latl Saturday of every ether month— viz., February, April, June, August, October and December, and is Cubohiolb. has been my endeavor to provide for all lotrr new equipment, additional right of wa^, second track, new structures, &o., from current rrn- The eJiorge to all regular subscribers of the It chargeii real estate, STATE, CITY AND CORPOKATION FINANCES. sidings, nues, bot the fundi thus provided are inadequate fir th* immediate and presxing additional facilities needed at Pittsbnigr and for second track. " The complications arising from the construction of newlines desiring to cross onr tracks, and also to 'x-capy portioB» of the right of way, have all been satisfactorily adjoated." furnished without extra Single copies GENERAL INVESTMENT NEWS. are sold at $3 ver copy. Plttsbiir? & Lake so rapid Erie. (For the fiscal year ending December 31, 1883.) Following are the earnings and expenses for two years EAKNINU8 AND KXI-ENSES. EarniiiffS— From fri'ltrbt From pnsscngcrs From mails From express From teleKritpli : 1882. 1881. $l,0'J3..'i3l $832,023 181,554 217,7:i7 10,(il3 8,863 7,750 12,926 1,140 Total eanilDga 872 $1,265,748 $1,041,003 $202,314 195,501 93,019 181,324 84,883 $178,121 151,588 73,823 136,098 66,132 $757,044 $508,704 $120,000 44,033 $60S,764 $432,208 $120,000 20,635 $164,033 $140,635 $344,671 $291,663 txpensea— For traiisvortatlon For motive power For maiuteiiimce of cars For maiiiteiiiiiice of way For general cipcnsea Total expenses Net earnings Deduct interest on bonds Deduct interest on floating debt Surplus of the company have been during the year 59 8-10 per cent of the gross earnings, against 58 4-10 per cent in 1881. The income account for 1882 was as follows : OroBsearnings for 1882 $1,265,748 $757,044 Expenses for 1882 120.000 Inierest on mortgage bonds 44,033— 921,077 Interest on other liabiUtles The operating expenses Net earnings after paying $314,071 interest Ket earnings added 1879 1880 $23,155 : $298,877 205,000— Less scrip dividend 1881 93,877 291,663 205,000— I«aa scrip dividend 86.603 $203,695 $548,367 Surplus undivided Dec. 31. 1882 The snrplns of (344,671, and other items $35,969, in all f 380,640, have been expended on right of way, real estate, conBtniction, equiprat-nt, and redaction of bills payable. The report says " It will be seen from the foregoing statement of the general condition of the affairs of the company, that while the expenses of operating our road during the pa-st year have been 59 8-10 per cent of the gross earnings, the net earnings have been 16 8-10 per cent upon the capital stock, which is a very satisfactory showing." * » * "Believing the policy heretofore adopted of declaring a dividend to our 8* ickhulders in scrip certificates, payable at the will of the company and bearing six percent interest, to be wise and judicious, and the net earnings of our company warrants it, we would recommend that a similar dividend of 10 per cent be declared out of the net earnings of the year 1883. The earnings of the road have, as we believe, been most judiciously exoended in additi'^ns and betterments of the company's property, its value thereby greatly enhanced, and its future'eaming power increased. The issuing of a scrip dividend as recommended is therefore just to the stockholders, and although it will be a d^bt to be paid hereafter, it is one for which the company have received full consideration." The capital stock of the company is $2,050,000, all paid in. The first mortgage bonds of the company amount to $2,000,000; real estate mortgages, $195,843 ; total mortgage indebtedness, $2,195,843. A scrip dividend of ten per cent has been declared from the earnings of 1881, making the total scrip indebtedness $410,000. The balance due on equipment in the shape of bills payable, on which interest is incluaed, is as follows Payable in 18«3, $68,488 ; 1884, $31,588 ; 1885, $18,426 toUl, $114,503. Temporary loan, $250,419. The assets are as follows Constnutlon $3,664,602 Equipment 1,113,770 Rlglit of way 452,372 Keal estate 357,620 CasAouluuid 49,161 : : ; : Total & PiiciBc.—The Boston Advertiser remarks that the progress of the construction corps that " it is expected the Atlantic & Pacific will reach the Needles by tb« middle of April. As is well known to persons familiar with/ railroad matters, the Atchison Topeka & Santa Fe and the St. Lonis & San Francisco are equally interested in the completion of the line under the 'tripartite agreement' of January 31. » * * It is extremely probable that the future policy1880. of the road will be determined after the track is completed to the Needles. Should a satisfactory trafilc arrangement beoffered by the Southern Pacific, no extension of the Atlantic ft Pacific is probable at present. Fears have been expressed by sumftEersons who feel an interest in the Atlantic & Pacific as at least alf a Boston institution, but who have only a slight familiarity with the terras of the Atchiaon-'Friaco protectorate,' that a majority of the $3,300,000 in stock to be issued during the coming spring to the subscribers to the latest series of ' blocks^' may be secured by the Huntington interest, and thus a preponderance in the ownership be secured by an adverse party. Such apprehen.sions are devoid of foundation, as will be seen by a reference to the terms of the ' tripartite agreement' under which the road is being built. When this agreement was. made, and as a con.sideration thereof, $19,500,000 of the common stock of the Atlantic & Pacific was issued to the Atchison and the ' 'Frisco,' jointly, in equal shares, and placed in the hands of Henry P. Kidder and Warren Sawyer of Boston, and John A. Stewart of New York, as trustees, for thirty yeant.. Subsequently, $31,750,000 more was put into the samebox,' under the same restrictions, which are that this stock shall be voted as a unit by the trnsteett for thirteen directors of the Atlantic & Pacific, six to be chosen by the Atchison, six by the 'Frisco' and the other by agreement of the two interests if posssble, or, failing in that, by the tmstees. In the case of the present board. Col. Henry C. Nutt.thir President, was agreed upon by both the Atchison and 'Frisco-" interests.' Thus it will be seen that over $5I,00O,CO0 of thi-capital of the Atlantic & Pacific must be voted as a unit by the trustees, and this is far more than a controliiog interest of the stock, there being only $4,950,000 at present outside the trustees' 'box,' and $3,300,000 to be issued this spring, the whole making up an aggregate of fifty-nine millions of stock ontstandmg. This preponderating interest of fifty-one millions moiit ^o in a block, and cannot for thirty years b3 broken up, so th.it It is of no .special importance who owns the outside stock The.only two ways in which this block can be divided are First, n vote of three-quarters of the directors of the three companies; Second, the bankruptcy and foreclosure of the AUaatic & neither of which contingencies is probable." Pacific Atlantic ANNUAL REPORTS. $5,637,531 "The Pittsburg Chartiers & Youghiogheny Railroad was opened in November, and trains commenced running to Pittsburg November 27, and the Pittsburg McKeesport & Youghiogheny Railroad will be opened to the coke regions daring the is ' ' : — Hoslon Land Company.— The annual report of the Bofltnm Land Company for the year ending Dec. 31, 1882, shows an ii:-crease of $11,263 in its cash assets, which now amount to $15",- The report sayi -z590, or nearly f_2 per share of capital stock. sales for the year embrace twenty-four lots, or 130,901 square feet, for the sum of $9,006, or an average of aboot S^4 cents per square foot. The demand has not equaled oatanticipations, but the prices obtained must be considered sati"»,factory. The sales during the last five years have b. ju as fofThe land lows: 1878 1879 22 27 18'<0 '.8 lots, 1h81 1882 Totals .. 246.247 sq. feet, at 214 cents per sq. foot 138,586 sq. feet, at 5% cent* per sq. font 141.721 sq. feet, at 6 cents per sq. fii, t 49 lots, 235,207 sq. feet, at 7 cents per sq. f<> t 24 lota, 120.901 sq, feet, at 8>4 cents per s<i. f.«>t, lots, lots, 150 832,722 sq. feet. sold during flvo years past a. A cents per square foot. Estimati^r the available land of the company, deducting streets, »{ 30,000,008 square feet in round numbers, this large propel >,would yield $1,290,000, even at an average of 4 cents per squa •-. foot, which would give, with the cash as-sets of the company. ;» minimum valuation of $17 per share. The company has ci-i sidered the demands of its stockholders for a quicker realiz. tion upon their property than has been lately furnished, a: now proposes to set apart a certain portion of the land, fro 50 to 100 lots, to be offered by auction in the spring, the co! pany receiving in payment therefor its shares at their par valu • of $10 per share. The assets of the company (it has no deb'...., are reported to the Treasurer as follows: • The average price of lots including marsh land was 5}^ .* Bonds and stoeks Uuid notes secured by mortgage Loans Cliarles Bird, balance of account Orient cafe liuUdlog ForecU»sure lots at coat Wluirf property at Kast Boston I,and sold, but not settled for Total., '?2'' • — — ..........•.••..••........—• ii,''. oa,' ' i'S'-', -?•?!• o 22 ; o'oo-t .$190,590 THE CHRONICLE. 108 [Vol. ji:xxvL received five consecutive dividends of 7 per Canadian Pacific Railway.— Application was made to place ferred stock has on the regular list of the New York Stock Exchange the stock cent." ofBcial International Railway & ImpriTemont Co.—The World of the Canadian Pacific Railway Company, and the statement, dated Dec. 12, containsd the following: This rail- says: " The International Railway & Improvement Company has Cuast, declared a final division of its assets as follows: 25 per cent M. way is to extend from the City of Montreal to the Pacific »t Port Moody in British Columbia, a distance of 2,996 miles, K. & T. general mortgage bonds; 22 per cent M. K. & T. stock; built, built and being 15 per cent M. K. & T, in scrip, convertible into stock of the with branches 400 miles in length, now Mexican Oriental International & Interoceanic Railway (when forming in all 3,306 miles. The Dominion Government, of subsidy grants charter, a that road is completed), and stockholders of the International accordance with the contract and the in land acres of 25,000,000 Railway & Improvement Company have the privilege of sub$25,000,000 in money, and of the agrees convey to also to It scribing to the extent of (50 per cent of their holdings to the fertile belt of the Northwest. running, completed and already railway lines of stock of the Oriental Construction Company." company the Winnipeg, Superior, and on Lake Bay, Thunder lying between Little Rock & Fort Smith.— At Little Rock. Ark., Jan. 20, the capital of Manitoba, 435 miles long; and between Winnipeg notice was served on the Little Rock & Fort Smith Railroad and Emerson, a city on the boundary between that province that in ten days the State aid bondholders would and the State of Minnesota, 65 miles long. It also agrees to Company to" the Federal Court for the appointment of a receiver, complete and convey to this company a further line of railway, apply under the late decision of the United States Court holding the 813 miles long, now in course of construction, from Kamloopa, a Mountains, to Port company liable for the $1,000,000 worth of bonds issued by the .Cascade Rocky the and between Soint The road already constructed and equipped amounts State under the act of 1868. [oody. Little Rock Mississippi River & Texas.— The Boston to 1,730 miles, and the portions under construction are: Miles. Transcript says this road has defaulted upon its January 610 From Sturgeon Eivcr to Thunder Bay, on Lake Superior 653 coupons, and offers scrip for them. The previous coupons were From end of traelr, west of Winnipeg, to Kamloops 213 paid in cash. Kamloops to Port Moedy, under construction by Govemmeut Algoma Mills 100 Eiver to Algoma brancb, runniug from Sturgeon Memphis & Charleston.— Officials of the East Tennessee 1,576 Virginia & Georgia Railroad Company, on Thursday received a dispatch from Messrs. Brice and Thomas, dated Columbus, 0., Thus, of the entire railway and branches, there are now already 1,730 saying they were unexpectedly detained and would not be constructed, equipped and in operation 1,576 laconrse of construction able to reach New York before Friday or Saturday. The 3,306 meeting in regard to cancellation ot the Memphis & Charleston Lialitilies— ^ lease was consequently 'postp oned. m — ' Balance of cost of lines east of Callander, charged exclustvely on 441 miles of those lines, and not constituting a Ken on the remainder of the line or its branches (2,865 miles); after deducting liability assumed by Dominion Government of Canada by agreement with Canada Central Railway Company, in consideration of $1,527,085 $5,423,333 cash deposited with Government on Oct. 4, 187a There is no encumbrance whatever on any other portion of the Canadian Pacific Railway. There is no floating debt whatever, except what is covered by materials on hand. Assets— Unexpended portion of cash subsidy, payable by Govern$18,324,612 ment as constniction proceeds Xiand grant bonds and proceeds of those sold, held by Gov 13,191,731 erumont, and payable in like manner 1,730 miles of railway completed, equipped and in operation 18,548,000 acres ot land remaining unsold, chargeable only with proTision for balance of laud grant bonds, as below. LAND GRAHT. The company have issued bonds dated Oct. 1, 1881, for $25,000,000, charged exclusively on the land grant and not upon the railway. 0£ these bonds $5,000,000 are deposited with the Government, to be surrendered after completion and ten years operation of the railway. In the meantime they bear no interest. Up to Dec. 1, 1882, the company have sold 6,452,000 acres of the lands, on account of which payments have been made in cash and bonds, by means of which, after payment of all expenses, bonds have been redeemed to the amount of $3,771,500. The balance of cash on hand amounts to $82,673, and the balance of price of land sold remaining unpaid to $14,796,727, payable by instalments, both of which amounts are applicable exclusively to the redemption of the bonds. The company still hold unsold 18,548,000 acres of land, all fit for settlement. The capital stock of the company is $100,000,000, divided into shares of $100 each, of which $25,000,000 are outstanding. It is now proposed to issue a further amount of 300,000 shares of $100 each. Cincinnati Toledo A & St. Louis—Cincinnati Northern.— Cincinnati dispatch says " It is learned that the terms upon which the consolidation of the Cincinnati Toledo & St. Louis and Cincinnati Northern are to be made were practically agreed upon at the annual meeting of the Northern last week. As soon as the necessary papers can be drafted they will be submitted, and the consolidation go into eifect, which will be about March 1. The terras of the agreement for the consolidation wiU not be made known until the papers are submitted." : & Pcre Marqnettc— A meeting of the holders of the stock of the Flint & Pere Marquette Railroad was Ja°-25- J. S. Knapp of New York, presided, *'®'.?2'^i^„°/'^'',"' and 20,900 shares were represented. A dispatch to the New Flint common York Ttmes said "After a full discussion, the sense of the meeting was declared by a formal vote to be in favor of submitting two plans to the directors for removing the present : dis- ability of the common stock. One plan is that new capital stock of about $8,000,000 be issued, the preferred to be exchanged share for share, and the common two shares for one of the new; and the other plan is that common stock holders surrender one third of their present holding in consideration that there be issued to them 66% per cent of new^ common stock, that shall participate in the ment of the company and receive the surplus manai'eof the annually after 7 per cent dividend has been paid on the preferred stock. Under the first plan the capital stock is reduced $1,600,000. It was stated that the earnings of the year would be sufficient to pay 8 per cent on the en ire redacted capital of $8,000,000, and it was argued that It would be to the advantage of the preferred stockholders to consent to this reorganization, for under the present management they cannot for five years receive more than 7 per cent ihe second plan proposes to maintain the preference of the preferred stock, but to remove the disabilities of the common *'*''"'' " can neither participate in the man^e" m^n^7f*?h»^ ment of the company nor share iii the earnings until the pre- ^L ^^T°M — The following circular is issued from the of the Mexican Central Railway Company Mexican Central Railway Company, Limited, ) Mexican Central. office : Circular No. 4. V Boston, Jan. 25, 18S3. ) This company has constructed its mainline from the City of Mexico north 321 miles, from Paso del Norte south 265 miles, and on tlieTampico line 60 miles, making the total amount of road constructed, up to our last reports from Mexico, 646 miles. The survey made by our late chief engineer, Mr. Morley. shows that the length of the main line Is only 1,231 miles, instead of 1,300 miles, as before estimated. This will reduce the cost about $1,311,000. This survey further shows that we can Sivfely reduce the estimated cost of the line from Chihuahua to Zaeatecas, 561 miles, from $19,000 per mile, as estimated in our circular note dated Feb. 23, 1882, to $i7,000pcr mile, amounting to $1,122,000, and making a total reduction in cost of $2,433,000. With this redu-jtion I am satisfied that the call under this circular will be suflioieut to complete the main lino, with sulHcient rolling stock to operate the same for one year from the date of completion. The board consider it of the highest importance to complete the main line at the earliest date possible, and Messrs. Fink and Roliiusou express the opinion that this work can be accomplished in the first quarter of 1884. To insure this result, the board have resolved to raise the sum of $6,032,500 at this time, and the.v now offer to sub.scribers under circular No. 1, or their assigns, who hold subscription rights, the first right to subscribe for that amount, each right holder under said circular being entitled to subscribe for a number of blocks equal to the rights held by him under circular No. 1. After payment of the first ten per cent, no further calls will be made until the subscription under circular No. 3 is exhausted, which will probably be about June, 1383. proposal. For $1,750 in cash, payable ten per cent in ten davs from date of acceptance, and the balance as the same maybe called, but not more than 1 5 per cent in any one month, the company will deliver to the subscribers forty shares of the capital stock at its par value of $100 per share, $5,000 in its thirty -year seven per cent first-mortgage bonds and $1,000 in its income bonds. All subscriptions must be made in sums of $1,750. or multiples thereof, and mu.st be received at this offloo on or hsforo Mondiiy, Feb. 5, IS83, at 2 o'clock P. M., atwhich time all rights hereuuder will cease. Any amount rcraaiuiuguntaken at that date will be disposed of as the directors may thLnk for the interest of the company, Thomas Nk;ker.son, President. Mobile & Ohio.— At Mobile, Jan. 24, William Butler Duncan, on his own application, was relieved by the United States Circuit Court of the receivership of the Mobile & Ohio Railroad, held since 1875, and the road was turned over to the original company, of which Mr. Duncan is President. Mr. Duncan said in regard to the termination of the receivership: " This action of the court in no way changes the management of the road. I asked to be discharged as receiver, and now as president I take possession of it. The officers who have had charge of the road under the receivership will be continued in their former positions. Although the litigation has been closed finally now, it was virtually ended in 1879 when the reorganization scheme was accepted by the holders of the company's stock and bonds. During my receivership three-fifths of the track have been relaid with steel rails, its rolling stock has been rebuilt and its equipment largely increased." Norfolk & Western.— Earnings and expenses for December, and the years 1882 and 1881 were as follows: . December. 1882. $221,758 1U3,709 123,575 1881. $20.i,098 Gross earuingg Expenses Ffor. , 1881. }i2.267.2S8 1,156,432 , 18S2. $2,429,740 1,322,576 Netearnings $101,989 $101,182 $1,110,855 $1,107,163 Notice is given that this railroad company "has created an issue of common stock to the amount of forty thousand shares (40,000) in addition to, and an increase of, the thirty thousand shares (30,000 of common stock now in existence, the object for which such issue is made being to accept subscriptions for the same, payable in shares of stock of the Shenandoah Valley Railroad Company." — ) Northern Cenlrsil.— E.irnings and expenses in December, and for the years 1882 and 1881 were as follows: Jardart THE CHRONICLE. 27, 1883.J Twelve Kontht Dm . tHded tlSRl. lirnsta earuinfca. 9190,003 tn,4.13,700 OporntinvrxppiiiiPS.... fZOO.JMS Extraordtn'yexiienaes. 31,117 9:W.'>.032 $3,3'JI).401 f3:Ma,\a2 110,283 437,asi 450,130 $321,033 $101,315 $3,787,445 $3,842,323 Totnlr>l>oiMCii 1883. leiRI. $151,089 $28,0S8 $1,050,231 $l.<).^7,8.^2 Oregon Short Line. With the exception of a thirtymiles eiteneion of the Utah Northern, which it is constructing jointly with the Northern Paolflc. the Oregon Short Line is the principal new connection which the Union Pacific is constractmg at the present time. The line has its beginning at Granger, Wyoming, a station on the main line of the Union Pacific, 820 miles wt'st of Omaha, or l,3iiO miles west of Chicago, leading directly to the Northwest through a fine errazing region, and at Hontpelier (114 miles) reaches the heart of the Bear Lake country. Here some 12,000 Mormons hare appropriated a land almost entirely "flowing with milk and honey." Westward for fifty miles the track follows the Bear and Portnenf Hirers. Bridges are used by dozens in the Portnenf canyon. At McCammon Junction, 183 miles from Granger, the Ime joins the Utah & Northern track, and at Pocatello, 204 miles from Granger, it leaves the Utah & Northern for the West. Pursuing its way over a fine farming country to the Northwest, the Oregon Short Line, when 230 miles from Granger, crosses the Great Snake River immediately over American Falls, and thence fairly enters the lava beds, which have for so many Tears blocked the development of Idaho. These lava becfe nave proved the worst obstacle ever encountered in railway construction. To make this road, in fact as well as in name, ' The Oregon Short Line,' the locating engineers were instructed to make it perfectly straight wherever practicable. Hence, from American Falls to Boise V'alley, a distance of about 240 miles, it is practically an air line. The grade is now virtually finished to Shoshone, 8.5 miles west of American Falls, or 315 miles from Granger, and iron is laid to within fiO miles of the same point (Shoshone). By January 10 the track will have reached Kelton Crossing, 10 miles from Shoshone and 50 from Hailey. Shoshone will be reached by January 25. Shoshone, located in Little Wood River Valley, in the miast of a fine farming and grazing region, will be a division terminus, and the inception of the Wood River branch, which runs north 69 miles to Hailey. The Wood River branch of the Oregon Short Line (broad gauge) is almost graded from Shoshone to Hailey, 59 miles, and track-laying will commence as c^uickly as the rails reach Shoshone from the East. The track will be laid to Hailey this winter, unless the snow-fall should be heavy, in which case it will not reach that Wood River metropolis until about June 1. From Hailey an important system of narrowgauge branches is projected to develop the camps above-named. "Ketdrning to the main line at Shoshone, several thousand men are scattered along the grade between Shoshone and Boise Valley, near Boise City. The first 150 miles of grade west of Shoshone will be ready for the iron by July 1, and as tracklayers will closely follow the graders this 150 miles will doubtless be ironed by September 1, 1883. This will carry the line into Boise Valley at a point about 465 miles northwest of Granger, or 110 miles southeast of Baker City, Oregon. " This 110 miles between Boise Valley and Baker City will be through the largest body of farming lands between Salt Lake Valley and the great wheat fields oi the Columbia, near Walla Walla. And besides furnishing much the shortest route between the East and Oregon, it is claimed that 50,000,000 acres of wheat land will be reached and a miner^ belt as extensive and rich as all Colorado." Boston Journal. Net earnings — — Pennsylraiiia Raili'0.id. The gross and net earnings in December, and for the full year, from January. 1 to December 31, in 1881 and 1882, are specially compiled for the Chronicle in the tal)le below. In December, 1882, there was an increase of f42.5,41S in groS3 earnings and a decrease of 918,339 in net earnings. For the year there was an increase in 1882 over 1881 of i^l, 955,651 in gross, and an increase of $1,018,056 in net, earnings. ALL LISES EAST OF PrTTSBUllO AND ERIE. Gross Earnings. Kel Earnings. . . Jannary February.... March April May Jane July August September.... October November... December.... 18S1. $3,189,215 3,005,014 3,844,304 3,780,372 3,850,897 3,807.437 3,780,418 3,809.978 3,735.000 3,672,971 3.810,215 3,731,751 18^2. $3,3711.321 3,306.750 3.012.293 3,8.15.850 4408.877 4.003.756 4,119.150 4,671.179 4,417,602 4,660.051 4.373.825 4,157,169 , 1881. $1,200,861 1,I5S.104 1,799,220 1.055,810 1,688.610 1,488,343 1,490,971 1,414,304 1,463,177 1,335,032 1.460.344 1,203,191 . 1SS2. $1,071,206 1,079,621 1,415.802 1,319.311 1,766.789 1,531.333 1.647.093 2,032,800 1,671,873 2,040,712 1,602,362 1,184,852 Total $44,124,178 $19,079,820 $17,414,373 $18,363,874 to the lines west ot Pittsbarg and Erie, the monthly reports Issued in 1831 and for the current year show the results below. The company's report, however, states a loss for the full year 1882 against the year 1881 of $723,973 only. iLL LINES WEST OF PITT8BORO * KKIB. Nit Surphu orer all Liabililiea. Inc. or Dec. in 1881. 1882. 1882. Jannary $381,539 $9,741 Dec. $371,798 February 143,497 Def. 121,307 Dec.. 261,804 March 441.901 405.369 36,532 Dec.. April 496,764 479,717 17,047 Dec. As May June July Aucust Beptember 218,482 De(.56.400 178,533 35.5.771 215,337 Def. 101,556 Dec. 3JO.o:t8 38,886 336,347 290,562 437,029 Inc.. Inc.. 157,814 Dec. Inc. Net Surpliu over alt LlnbilUlu. . Dec. 31. IKHa. 9.),SOO,170 1881. 109 9.'),28« 0r,.iO9 191.692 Ontober $6^0,491 Ni>vemi)cr Uocciubor DeM14,0fl9 58,737 $2,713,152 $1,924,36.') Nottotal I'hiladelphin ft tne. or lite, 1H82. $337,789 84.008 271.8.-6 Itendintr.— The gTom (it 1882. Ino Iiic. Inc.. Dec. receiptii $812 702 I864M8 173.704 $788,787 from thn railroads, ranals, steam colliers and coal barge* in December (the first month of the fiscal year 1882-83) were $1.795371 and the net receipts $838,609. I'he gross receipt* of the Philadelphia & Reading Coal & Iron Co. in December were $1,069,839 and net $5,174. The total receipts of both companies together have been as follows , Oross SeettpU .Ve/ Reetiplt. . 1881-82. 1882-83. 1881-82. 1882-83. Oecemt>er. $3,231,677 $2,865,201 $937,512 $843,783 : . Total 1 month. $3,231,677 $2,865,201 $937,512 $343,783 coal tonnage has been as follows, viz.: Carried on the railroad in December, 706,565 tons, against 760,844 tons in December, 1881. Mined by the Coal & Iron Co. and by tenant*. 462,481 tons, against 513,442 tons in 1881. The Kallronds bnllt in Colorado.— Railroad lines and branches were constructed in Colorado during 1882, as follows Denver A Rio Orande (uarrow jraapc): Utah branch (in Colorado) 170 Hllvertim branch jd .-. Blue Rivor branch Burlington A Missouri (broad'gauge): Denver extension 11—216 176 Switches 5—181 Union Pacinc: Greeley Salt T,ake|kt: Pacific (broad KauRe) Greeley Salt I-ake & I'acitio (narrow gauge) Georgetown Breckenridge & Loadvillo (grading only) Kreokenridgo braach (narrow gauge) Falrplay branch (narrow gauge) Gunnison extcnsiou completed (narrow gauge) Switches Denver & New Orleaus (broad gauge) Coinpletion of main line Colorado Spriugn branch 39 20 9 40 15 46 10—178 70 9 — Switches 5 Denver Utah «fe Pnci tic (narrow gauge) Denver Western & Paciflc (narrow gauge) Circle Railroad (narrow gauge) 84 10 8 8 685 Total. Railroad Constrnction (New).—The latest information of the completion of track on^new railroads is as follows: Ohio Central —Extended from Point Pleasant, southeast to Charleston. West Va 57 wiles. Weston & Buckhanuon.—Track laid from Weston, West Va., eastward . 2 miles. This Gu.'ige 3 feet. Is a total of 39 miles, making 10,524 miles so far reported for 18.82. New track is reported laid in the present year as follows : Eureka Spilngs.—E.rtended from White River east by south to Eureka Springs, Ark., 7 miles. Indiana Illinois & Iowa.—Extended eastward to Sugar Creek, Ind., 6 miles. Galveston Harrlsburg &ISan Antonio.— Completed by laying 10 miles of track near Pecos Crossing. Texas. Georgia Pacific.— Track laid to a point fourteen miles east from Annis— ton. Ala., an extension (this year) of 4 miles; also extended east to Faf' ette Court Hou."-e. Ala.. 5 miles. Cincinnati .fe Eastern.— Extended from Peebles, O., east to Plum Ron, 2'ij miles. This is a total of 34>£ miles, making'36>4 miles thus far reported for 1883. against 39 miles reported at the corresponding time in 1882, and 47 miles in XSSl.—llailroad Gazette Richmond & West Point Terminal—The Richmond & West Point Terminal Railway & Warehouse Company negotiated last week a loan of $2,000,C00 for two years, giving its notes in sums of $5,000, bearing 6 per cent interest. These notes are secured by collaterals deposited with the Central Trust Company, having a face value of $17,704,600, the actual value being estimated at $3,888,090. Of this transaction the circular of Messrs. Hambleton & Co., bankers, in Baltimore, " A portion of these securities, having been already says pledged as security for debts against the company, must be released before the trust deed can be perfected; 50 per cent of the subscription is made payable on or before January 20, within a week of which time the trust is to be executed. The company reserves the right to withdraw the Danville Extension stocks from the trust at any time upon the payment of the amount at which it is valued therein, $200,000 " The notes of the company, secured by these collaterals, were subscribed for at ttO per cent of their face value, and as they are to be redeemed in two years at 100 cents on the dollar the loan will cast 11 per cent per annum, which is probably as low a rate as could be expected on the security oifered." : "The money received by the Terminal Company from tha sale of it« notes at 90 cents on the dollar will relieve it anyhow temporarily from its financial difficulties, but whether the relief will be permanent remains to be seen. In order to get possession of the Virginia Midland stock te deposit as collateral in the Trust Company the Terminal Company will be obliged t* pay the Baltimore & Ohio Railroad Company the balance due on the purchase of the Virginia Midland stock. When this is done it will be an interesting qruestion as to whether Mr. Garrett will give up the control of the Virginia Midland Railroad, or whether he will hold on to it after the Danville Company has paid for the purchase." Rochester & Pittsburg. The time within which the income bonds of the Rochester & Pittsbnrg Railroad could be exchanged for consolidated first mortgage bonds has expired, and nearly all of the former bonds are reported to have been presented for exchange. The company cow issues its consolidated bonds. — THE CHRONICLE. 110 The Governing Stock Exchanpe-New Securities Listed.listed the followCommittee of the New York Stock Exchange ing new securities thia week : gold bonds, Pesbstlvania CoMPAHT.-Additional 4J6 per cent property, and unconcompany's the on lien first a secnred by Pennsylvania Railroad Company, ditionally guaranteed by the The committee Kos lO.OOX to 12.500 inclusive, $2,500,000. any information concerning these bonds wiu De state that thankfully received by them. firet Denver & Rio Geahdk ER.— Additional consolidatedroad, new mortgage bonds, Nos. 13,413 to 14,635, on 81 miles of comple^Dg the line to the Utah Border, |1, 223.000. Bradfokd Bokdell & KiszuA RR.-Capital stock, $500,000 completed and first mortgage bonds $500,000. This road has Bradford to and in operation 40 miles of road, extending from with an Eldred and from Kinzua Junction to Smithport, Pa., equipment valued at $93,065 27. Its statement for the first six months ending June 30 last shows total earnings, $51,514 23 ; The operating expenses, $33,482 50 ; net earnings, $18,031 73. are dated June 1, 1882 ; mature June 1, 1932, and bear 6 bonds per cent interest. MissouKi Kansas & Texas RE.— Additional general consolion dated mortgage bonds.'Nos. 40,412 to 41.171 inclusive, issued 38 miles of new road purchased from the Trinity & Sabine Railway Company, and extending from Triaity, Texas, to a junction with the Houston East & West Texas road, $760,000. The bonds now listed are held by the Mercantile Trust Comlany to retire a like amount of the Trinity bonds, $760,000. seven T] ^'he committee also listed $143,000 of the same bonds on miles of new road from Miller Junction to Belton, Texas, making the whole amount $903,000. Galveston Hasrisbdko & San Antonio.— First mortgage 5 per cent coupon bonds maturing in 1931, secured upon the road, 640 miles, and the Eagle Pass branch, 35 miles, being part of the extension west of San Antonio, $13,500,000; also, second mortgage bonds ($10,000 per mile), bearing 6 per cent interest, and maturing in 1931, secured on the same property, f 6,750,000. The application to list these bonds says " Since June 23, 1 880. when w« liad the pleasure to lay before the Com: oflielal statement of the Galveston Harrlsburs & San Antonio Eailway Company, tlie line of its road has been further extenoed from theu temporary terminus at Sau Antonio westward to the Rio Grande, a further distance of about 225 miles, and eastward from a point near El Paeo about 400 miles, the two i.ortious being separated at this time by a gap of about 8 mllcH. which is in an advanced stage of oonftruction, and whitli will be closed by or before January 15 next [since completed). It has also constructed a spur life from a point 132 miles west of San Antonio to the Kio Grande at Eagle Pass, at wliich point it will connect with the International Kallway of Mexico, which is now in course of construction. At Kl Paso the road will connect with the Colorado* New Mexico RaHroad, and the Mexican Central Railway; the former aflbrrtlng a direct connection to Albuquerque, Santa Fe, and points in Colorado: the latter, connection with the City of Chihualma, a distance of 224 miles from El Paso. It .ilso connects with the SmitUern mittee an lt« Pacitlc Railroad, alfoidin j; direct connection with points in New Slexico, Arizona and California, including S.m Francisco. The Southern Pacific and the Galveston Ilarrisbmg and Sun Antonio will be managed and operated, by agreement among the owners, so as to form a direct through line between San Francisco and Galveston, a, distance of about 2,100 miles, and lietwecu San Francisco aud New Orleans, a distance of about 2,450 miles, thus securing the shortest route between the Caiifomia ports and those of the Gulf of Blexiio on United States territory. "Thecomitauy has issrucd 13.500 first mortgage coupon bonds of the denomination of $1,000 each and numbered from Ito 13,500 inclusive; datedMay 1, 1881, aud payable May 1, 1931, in gold; Interest at the rate of 5 per cent per nimuiu, payable May 1 and November 1, also in gold. These boiuis are secured by a mortgage to Thomas T. Buckley and Isaac E. Gates, trustees, upon the road^ 640 miles, and the Eagle Pass branch, 35 miles— the eiiuipment, franchises and appurtenant property (being at the rate of $20,000 per mile) of said extension west of Ban Antonio. The mort^-age provides for a sinking fund of one per cent auimally, commencing in 1886. "The company has also issued second mortgage coupon bonds to the extent of .$10,000 per mile, dated July 1, 1881, and maturing July 1, 1931, with interest at 6 per cent per annum, payalde in January and July. These bonds are secured by a mortgage, subordinate iin lien to the above mentioned, upon tlie railroad, equipment, franchises and appurtenant property of the same road, and also upon the lands granted by the State of Texas, for the construction of road west of San Antonio (Frank Storrs and \Vm. P. Hillhotise, trustees), being 0,750 bonds in all numbered from 1 to G.750 incUi.'^ivc. "These two classes of bonds, together wi*h the 4,800 first mortgage bonds aud 1 ,000 second mortgage bonds, secured by a mortgage upon the road east of San Antonio, alieady placed upon the Stock List, comprise the whole bonded debt ot the company, amounting in the aggregate to $20,050,000, upon 931 miles of road, all of which will be completed and in earning operation by January 15." Oregon & Transcontinental Company.— First mortgage trust bonds, dated Novt^^mber 1, 1882, due forty years after date, unless previously redeemed through the operation of the sinking fund, to be invested in these bonds at 105 and accrued interest, the bonds to be obtained either by purchase or to be drawq by lot and bearing 6 per cent interest. These bonds are a direct obligation of this company, additionally secured by a deposit with the trustee of an equal amount of bonds of the following-named railroad companies (branches of the Northern Pac KR.), issued at the rate of $20,000 per mile of completed road The Northern Paclflc Fergus & Black Hills Railroad Company of Minnesota (115 miles completed) $2 300 000 Uttle Falls <k Dakota Railroad Company of Minnesota (87-55 miles completed) A; Northern Railroad Company of Dakota (i2'i6 Jamestown miles computed) Farjio ii Southwestern Railroad nulcB completed) Total. The payment Company of Dakota (54-8d 755 oqo j ' ' 848 000 ' 1,097 000 .$6,000,000 of the principal and interest ot the bonds of these branch roads is further secured by traffic contracts with the Northern Pacific Railroad Company, guaranteeing (after lapse of two yearsj a minimum net annual income of $1,400 per mile, being equal to 6 per cent per annum on $20,000 per mile of bonded indebtedness, and a sinking fund charge of 1 per cent. [Vol. XXXVL —The Atlantic Mutual (Marine) Insurance Company's annual' statement exhibits assets of $13,171,675, and premiums iu 1882 aggregating $5,929,538. The assets are larger than a year ago, while the premiums of 1882 were some $300,000 more than That the result of the year's business has been satisin 1881. factory is shown by the declaration of a 40 per cent scrip dividend on the net earned premiums of 1882, for which certifiThe outstanding scrip cates will be issued on and after May 1. of 1878 will be redeemed in cash on Feb. 6. Upon all the remaining issues of scrip an interest dividend of 6 per cent is payable on Feb. 6. The excellent management of the Atlantic is too well known to require any editorial comment. In fact the Atlantiti Mutual is one of those corporations that form its own best advertisement, and all that shippers need is to look at its figures. The return of the Mutual Life Insurance Company for the year 1882 will be found in our advertising columns to-day. Th& exhibit of this, the largest of the life companies, is certainly in the highest degree encouraging, and shows that the confidence with which the company is regarded by the public is deserved, and rests upon a sure foundation excellent management,ample reserves, and financial resources of great strength. At the beginning of 1882 the number ef policies in number is 106,214. now the 101,490 ; was force The amount of insurance outstanding has ri.sen from $315,900,137 on the 1st of January, 1882. to $329,554,174 at the present time. The assets of the company, which in the previous year had reached the large aggregate of $94,702,957, were during the year still further augmented, and are now up These assets comprise over to almost 98 millions ($97,961,318). 47 millions of real estate mortgages, 20^ millions of Government and other bonds, 17 millions of loans on collateral, pretty nearly 8 millions invested in real estate, almost 3 millions of ca.sh, and various other items The Washington Life Insurance Company publishes ita twenty-third annual statement, showing that the bo.siness of the year just closed has been large, and the net assets are increasing. The gross as.sets are $6,574,020, and the surplus as regards policy holders, $930,192. In order to lessen losses by forfeiture of policies for non-payment of premiums the company applies the cash value of the dividends to the credit of each policy, and continues it until the dividend is exhausted. The company is well known in New York and throughout the country. The Manhattan Life In.surance Company publishes its thirty-third annual report and invites the examination of its policy-holders, and of business men who are inclined to take out new policies on their lives. Its income during the last year was over $2,000,000, while its total disbursements were less than $1,350,000. The gro.ss assets now amount to over $10..500,000, and the net surplus is about two and a quarter million dollars. Mr. Henry Stokes is the President; Mr. J. A. Halsey, 1st Vice-President; Mr. H. B. Stokes, 2d Vice-President; Jlr. H. Y. Wemple, Secretary and Mr. S. N. Stebbins, Actuary; and under the management of these officers the company has made the progress noted in recent years. The Royal (Fire) Insurance Company of Liverpool. Eng., is one of the large and ably managed English companies doing business in the United States. Its annual statement in the advertising columns of the Chronicle shows that the total assets in the United States, not including special deposits outside of this State, amount to $3,242,746, and the net surplus is $1,369,During last year the income was $2,286,940 and expendi053. — — — — The Committee of Management is composed tures $1,916,394. of prominent merchants and bankers in New York, including Messrs. Royal Phelps, B. B. Sherman, H. DeB. Routh, Osgood Welsh, Henry A. Smythe and Jacob D. Vermilye. Mr. E. F. Beddall is the efficient manager of the company's aflfairs and Mr. William W. Henshaw is assistant. The Continental Fire Insurance Company has been managed, by ofiicers of exceptional enterprise and ability. Mr. Hope, President, and Mr. Peck, the Secretary, have been conspicuous in the insurance business. The company, in its annual statement on another page, shows an increase of $243,328 in gross assets (now amounting to $4,450,534), and of $151,144 in net surplus. The acsumulated safety fund, designed to make the policyholders secure, has now reached $1,557,000. Mr. Hope believes in conservative management and a strong reserve. The North British and Mercantile Insurance Company (United States Branch) has this week presented the first of January exhibit of its financial condition. This company is under the management of Messrs. Charles E. White and Sam. P. Blagden, and these gentlemen have conducted its affairs with much skill and ability. While the past year was peculiarly unfavorable to fire insurance companies, the North British had as income of $1,908,719, or $324,700 in excess of its — — expenses, and increased —The Seaboard its New York as-sets $912,328. Bank, organized under the State laws of New York, with a capital of :{;500,000, has opened for business in the Welles Building, No. 18 Broadway. Mr. W. A. Pullman is President; Mr. S. G. Bayne, Vice-President, and Mr. S. G» Nelson, Cashier. With a fine location and in the immediate neighborhood of the new Produce Exchange, the Seaboard Bank is in a position, both financially and locally, to command a good share of business. —Messrs. Poor, Oliphant & Co., 45 Wall Street, are oflFeriny for sale a few of the old first mortgage bonds of the Galveston Harrisburg & San Antonio, bearing 6 per cent interest in gold and due in 1910. These bonds are abundantly secured by the large earnings of the road, having now the benefit of the now business of the Southern Pacific extension, and appear to be fc first-class security Jancart THE (^RONICLE. 37, 1888.1 COTTON. 51xc (£^omxntvciid %ixnzs. Feidat Nioht, Jan. FRiSAr, P. H., Janasry 36, or tub Obop, as indicated br oar from the South to-night, iH,;(lven below. For tb« wn«k WDdtnir this evening (Jan. 2t>) the total receiptu have reached 186,400 Tm commerciaiT^epitome! The weather has been stormy aud Ill 26, 1883. severely cold throuj^hont MuviMwn bales, against 150,390 bales last week, 175,882 baleH the previooa week and 224,997 bales three weeks rinoe i making ttie u>tal the North and West durinK the past week, delaying in a meas- receipts since the 1st of September, 1883. 4,148,631 bales, against ure the openiiisr of spring business, bat the whole position of 3,692,481 bales for the same period of 1881-82, sbowinc am increase since Septemt>er 1, 1882, of 456,150 bales. mercantile alTairs evidently improTes. without promising, how-erer, any marked activity at present. The reduced tariff bill Seeeipl$ at— and it now seems possible Qalveston that the bill reported by the Committee of Ways and Means to Indianola, Sco. the House of Representatives will, somewhat modified, become New Orleans... a law. Still, as it stands, it makes but slight reductions in the HobUe has made some progre.ss in Congress,, present import duties. Provisions have been irregular and somewhat on the downward course. The Western advices imparted a certain buoyancy at the close; stocks there are not considered large, and Pork on the spot was sold at there is no pressure to sell. 62>6@>'18 S5. Beef hams were quiet at $18 75@$19 for Western prime. Beef was quiet at $26 50@$27 50 for city extra India mess. Lard was dull and generally weak to-day; prime Western sold to-day atll-15c.; refined to the Continent, ll'lSc; |I18 South America, llSSc; February contracts sold at llOlc; March, 1112@ll-10c.; April, ll'23gill-20c.; May, ll-34@ ll-Slc; June, ll-34c. July, USSc. Tallow quiet but steady at 8%@8^c. Stearine is quoted at llJ^@UMc.; oleomargarine Bat. 1,002 12,421 3,016 lion. Tuet. 1,929 1,331 9,408 10,531 1.919 1,253 Wed. tH. Thur$. 2.000 3,337 111 Ul 3.038 10,527 8,473 1,282 S1398 752 758 Florida Savannab Brunsw'k, lolat. 2,035 8,978 511 Ml 2.217 2,528 2,131 2,018 1,934 2,386 12,814 1,354 915 1.007 1,470 1,151 2,180 8.110 810 356 S19 121 2,228 3,033 355 1,280 1,005 418 <fcc. Obarleston Pt. Royal, &e. WUialnKtou Moroli'dC.,&c Norfolk West Polnt.Ac Now York Boston Baltimore 253 260 1,900 2,170 336 879 872 375 185 2,65 933 640 1,300 2,347 2,940 1,082 029 1,998 Ptiiladelp'a, &c. 318 770 973 59 995 &I» 2.285 1.300 14,335 2,910 5.158 3,968 1.998 3.150 Totals this wook 24.356 21,170 20,503 14.748 21.178 34.374 138 400 ; For oomuanson, we give the following table showing the week's total receipts, the total since Sept.l. 1882, and the stocks to-night, Butter and and the same items for the corresponding periods of last year Rio coffee advanced to 8Mc. for fair, but to-day was quoted 1881-82. aioek. 1882-33. at 8%e.; the trade on the spot has been small, though options Recetpti to Since Sep. Since Sep. Thit Jan. 20. 1883. 1882. have been fairly active at some advance; to-day there were Week. 1,1881. Week. 1, 1882. sales of fair at 7'90c. for February and 7'90@7-93c. for March, 7,333 340,253 07,730 Galveston 35,763 12,434 582,773 while No. 7 sold at 6-20c. for January, 6-15@6-20c. for February, 321 Indianola,&c. 12,580 141 14,560 6-25(a6-30c. for March, 6-30c. for April, 6 3.5c. for May, 6-40c. Now Orleans... 51,398 1,093,635 18.142 972,171 312,791 371,328 3,993 211,236 13,396 for Jane and 6'40@6'45c. for July; mild has been less active Mobile 10,668 8,978 247,133 610 20,849 544 11,273 99 and hardly so firm. Rice has been in good demand and firm. Florida 12,841 629,517 15,531 615,076 81,682 93,629 Foreign fruits have sold fairly in jobbing lots, but at lower Savannah 6.821 Brunsw'k, &c 5,30% prices for layer raisins. Tea has been very active at firmer Charleston 6,527 417.391 78.733 8,110 413,353 75,729 prices; the sales of Oolong have reached 25,000 half chests, 750 18,921 Pt. Royal, <feo. 519 11,030 377 3,322 3,269 115,321 16.551 2,235 99,647 8,321 mainly Formosa. Spices have been irregular, cloves and pepper Wllmlng1;on 933 17,291 M'headC.&c 1,300 13,277 declining while ginger has advanced; much controversy has Morrolk 15,226 161,517 12,24 S grown out of the attempt to stop the alleged adulterations in West Polnt.&c 11,335 503,737 1,619 138,315 69,836 2.940 102,659 Raw sugar has been dull New York this trade. Molasses has been dull. 90,727 8,469 114.395 136.156 326,700 5,458 and rather weak, especially for centrifugal, fair to good refining Boston 3,892 147.104 3,966 100,211 4,160 9,170 Baltimore 113 32.159 17,130 22,979 4,998 57.635 still being quoted at nominally 6%@7c. cheese close steady. 10c. . Hhds. 25,011 20,325 30,519 Boxes. Bagt. Melario. 458,219 175 401,611 175 8.327 582.942 8t<Hk J«n. W4, 18H3 16,950 7.714 410,401 41 Stock Jan. 2.1. 1S82 23,732 7,57t) 1,081,184 1,050 Stbck Jiin. 2(), 1881 Refined has declined in some cases; powdered closed at 8^4® Bercipta since Jnn. 1 fcial.rt»iuco J,in. 1 ' ^%<S; granulated at "A" soft white at 8 9-16@8^c., crushed at 93^c. 8%c. and standard Phlladelp'a,&o 3,150 42,250 130400 4.143,631 Total. 2,322 11,402 9.102 15,755 92.03i:3,C92.481 873.939 1,143,660 In order that comparison may be made witu other years, give below the totals at leading ports tor six sea.sons. lieeeiplt at- Galvesl'n.cfeo. New Orleans. 188i. 12,575 54,398 8,973 12,344 8.629 1882. 7,677 18,142 1881. 14,443 10,833 10,176 17.231 8,397 2,751 18.321 12,703 1880. 13.233 58,004 10,585 15.801 8.033 1,604 15,363 11.135 wa 1979. 1878. 19,436 50,076 18,708 18,771 18,628 4,915 17,509 13.974 13.513 61.815 16.097 14,617 15.971 2,694 18,996 12,151 3.99ff Kentucky tobacco has been quieter, and sales for the week Mobile Savannah 15,531 are limited to 350 hhds., ol which 312 were for export and 38 Charl'st'n.Ac 7,277 Prices are about steady ; lugs G@ for home consumption. Wllm'Kt'n.Ac 4,20;^ 3,58 also shows smaller movement, Seed-leaf a 6Mc., leaf 7@10^c. Norfolk, &e.. 19,915 17,275 15,406 18,116 yet sales for the week aggregate 1,056 cases as follows: 300 All others cases, 1881 crop. New England, 12@30c.; 150 cases, 1831 crop. Tot.thl8w'k. 136,400 92,031 123,070 137,191 167,097 159.186 State, 9®llc.; 250 cases, 1880 crop, Penn.sylvania, GigiHc.: 53 aince Bent. 1. 1148.631 3002.481 39iil.l41 3751.30i;3269.740 3117,711 «ases, 1881 crop, Pennsylvania, private terms; 150 cases, 1881 Ualvestiin includes Indi.viola; Charloaton includes Port Koyal. Ac crop, Ohio, 5J^c.; 133 cases, 1880 crop, Ohio, 6c. Also 400 bales Wiliniiucton includes MuroUead City, .tc.: Norfolk Includes City. Point, Ao The exportii for the week ending this evening reach a total Havana, 80c.@$l 15. of 154,035 bale-s, of which 92,497 were to Great Britain, 7,887 Naval store* have been quiet, but in sympathy with the France and 53,651 to the rest of the Continent., while the stocks Southern and English advices. Spirits turpentine was quoted as made up this evening are now 873,839 bales. Below are the common to good strained rosins, 70. yard; 60@1 $1 at &3c. in exports for the week and since September 1. 1883. Refined petroleum for export was quiet but firm at7/^c. for 110 From Sept. 1. 1882. to Jan. ««. ISeS. Week Ending Jan. 2i3. Bxporttd tA— Bxportfd tn— (est and 8c. for 70 test; crude certificates declined at the close BxporU Great OonU. TutM CohMfrom f 1 05J^ to $1 03. Ingot copper was steady, and 200.000 from— TataL Week. BrUain. Franii Brtt'n. f^n" nmt. Hops, while quiet, are firm at 90@95c.@ Iba. Lake sold at 18c. 80.05'} 17,729 1?.490 36.179 815,718 30.504 826.271 Qatvestoa 41 for new State, the latter prices for time lots. Wool is a 476.698 16S.935 2i3,671 869.281 ig,«>s 40.731 Sew Orleaas.. 13,1 irifle better, and moderate sales to manufacturers are reported. ijamo 11.336 3,030 ii.9as 2,80« Mobile Ocean freight- room was again quiet and rates showed irregu- inorld» S.S79 15.644 7»,301 25.AS8 175.901 880.780 13,085 Barannah larity at the close. Grain to Liverpool by steam, 6Xd.; cotton, 91.W4 «2,473 124.017 888.498 7.820 18SSU 8,9% Ctaarlesloo*... 86.778 13-64d.; flour, 20s. per ton; bacon, 32s. 6d @35s.; cheese, 353.; WllmlnRton.. ai.«;8 ijno 2.610 «.«70 446 S8S.201 8.778 289.»?8 12.440 12 Norfolk^ grain to London by steam, 7Md. ; do. to Glasgow by steam, 101.848 403,407 14.651 282.368 19.482 New York ... 11,115 7J6d.; do. to Hull by steam, 6K@6%d.; do. to Bristol by Boston W.933 843 BSjao 4.4US I.IOS 130.811 a.<.»i7 99jeo 800 8.1S7 l.2»( 4.«67 ateam, 6%d.; do. to Hamburg by steam, 90 pfennings; do. to Bitltlmora. ... 47.333 1,688 aoo 49.649 1,600 1.8M Antwerp by steam, 6^^.; do. to Amsterdam, 5}6@6d.; do. to PbUa<lelp'a.ac 871.387 740.967 *J«I,60S 7.887 68.1.651 iu.MS Total Kotterdam, 7^d.; do. to Havre, 16e.; do. to Cork for ordets, ,618 9sas; 1.198 isS 241.41(1 ~488^1W8.flei Total ISSl-Se 5s. 9d.(<'6s. per qr. residuum to Liverpool, is.; refined oil to > — ; • 4be Bailie, 4s. 9d. t Includes exports from Port Koral.&c. Include* expert* from West Point, jio THE CHRONICLE. 112 In addition to above exports, our telegrams to-night also give «8 the following amonnta of cotton on shipboard, not cleared, at the ports named. We add similar figures for New York, which ai« prepared for our special use hy Messrs. Carey, Yale & Lambert, 60 Beaver Street. On w >^ -<% fc '4^. Shipboard, not cleareit—for Britain. ObaruBton Bavancali Balveston Norfolk Hew York Other ports Total 1883 ltotall882 Total 1881 France. Foreign toiee. 4.318 3,400 17,075 1,300 1,930 9,300 15.947 6,030 1 ,250 1,500 10,723 Hone. 41,526 5,500 7,247 4,500 15,633 23,202 5,500 4,000 HewOrlean*.... Mobile Ooast- Other Great 350 500 None. None. None. None. 550 2,800 6,983 None. None. None. S-8S n 73,642 10,400 10,077 17,100 38,568 29,238 6,750 5,500 2.39,152 32,996 68,676 64.582 59.162 40,613 129.706 47.672 107,113 11,573 54,538 18,051 191,275 682,564 83,1-28 3,938 32,069 43.759 54,602 12.180 21,197 143,005 248,145 1,000,655 140,277 may have ai a a • S3 QhOOfS oD o » a A ss !-l S'w -50 s , 5S.L, bio M 51*1 W K^ &: J 3S)aS. ^Sitos Bs'tiS^ 2K"2: ®c rs o go ,0? ? ^SlWy fc-9*-B Sh»S ggoDC' PSf-'^i f^ajo-.B Q^oS S'-'U^ QOO o 00 a© 616,982 O,^ been prosecuted after the holid ays. I MM 00 (0 S : £0 OOoO mmCi.1 too Site: I CB 00 00 > 66 2 MO 2 COCOm^ oqo ^ M.. :^ MO e.w.' : oo ooSo r-y-. [J. 2 » MM05>- 2 «*.to' I *"* •-* Oi-1 w ^"co Oo ® OOoO OOoO OOoO 000-3 OOoO mCm mmOm mmOm o o CB Liv- 10-4 *. 10 h* 00 O 5 oc I— But on Tuesday afternoon, less erpool advanced sibartly. favorable foreign advices caused some selling to realize profits. 00 ® 1 OSMm"^ I O^ OiO W •-• I OOoO M.- M CP cow MOD I » » tObO @co: mmOm --mOo 6606 O'J. CO eo i-t-.* 00 00 tOKl 1013 (^IOm ^to: I On Wednesday, with Liverpool still weak, the decline of Tuesday afternoon was recovered; but on Thursday there was a fresh decline of 4@5 points for the active months. To-day there was a firmer but variable market, with an unsettled closing. Cotton on the spot advanced l-16c. on Wednesday. The demand continued to be mainly for home consumption, but more was done than recently for speculation and export. To-day the market was steady at 10 3-16c. for middling si.ts: 1 ooSo OOoO ooo9 OOoO ? totoOio (OWOk) MO n CO W "^00 ^ — 99 09 5" < 99 coco cow locccto 1-1'H'Of.I. CTi 99 coco 1 2 < rt ft! I o<i OoO 9009 OOoO 9909 OOqO lUOftl Wtt-O^ cocoOco cocboco ,ft.»^Orfi CI -1*^ o 00 % 09 5 t— CJtf^ 1^ 99 ^^ < 2 IT> If- CO 50^"^ ©2 forward delivery for the week are 441,900 Dales. For immediate delivery the total sales foot up this week 5,727 bales, including 1,0S2 for export. 2,733 for consumption, 1,907 for speculation and in transit. Of the above, 930 bales were to arrive. The following are the official quotations for each day of the past week. — UPLANDS. Sat. Mou Tne* Jan. 20 to Jan. 26. Ordln'/.ipib Strict Ord.. 7718 7''8 Good Ord.. Btr. G'd Ord Low Midtl'g Btr.L'w.Mld Middling... Good Mid.. Btr.O'dMld Hldd'gFalr Fair... 811,, 919 V7,e 77s 81118 7'8 811,6 918 9=8 9H NEW ORLEANS. IC GO w- • 7\ 7% 83,8 83,8 83,8 83,6 83,6 9 9 9 O O o 9 1 Wed Th. Fn. Wed 713 713 712 715,8' 7i5,a: Z'."!" 8% 8% Good Ord.. 8% SH Sii" G'd Ord 93,8 93,6 93,6 9>a Low Midd'g 911,6 9ii,6 oil,, 10 Btr.L'willd 10 10 10 IOI4 Str. Middling... 103,8 103,6 103,6 Good .Mid.. 1012 10>i io4 107,8 10% Til. FrI. 715,8 713, 8I4 8I4 91,8 913 IOI4 10% 10% 1014 107,6 10% 10% 11 Ilia I214 10% 11 Ilia I214 11 lllfl 11 III3 I214 10!l| 11 1114 UI3 12 11 llHs 12 '2K, 1214 STAINED. Sat. s i> '78 I-ow Middling Middling....". 938 non Taes Z',i« 7'8 o^ 1214 7i« 718 Zl'l' ?.^i' 858 97,8 SALES OF SPOT AWD TRANSIT. Con- Bpee- JVanport. tump. ul'Vn Total. CLOSED. M.. Hon. Qllet 454 197 Srcifly Toea. Quiet »iid flrm Steady ai 'i»adT . Thnra Busier Wtl.. Quiet aud steady IMal Ike .... .............. '.::: 2.7381,907 .... 330 . Wert 275 375 600 367 290 252 2.V) 580 1.082 701 eS2 374 729 46,700 572 71,000 930 103,800 1,320 1,222 2 ^ CO 8) to: 5 1 sct: CD 99 5^ ob-'i '^ I I d-jO(n .^M *.— CD —M 00 99 ? ob-j QDO; gj-: I "^ 00 sco: r'l cfcffiOCi CS05 h. 5 OS-Jm"' S.o: to -J I 5 (»ot ^ I I to tfJC;! MM b. ? 99 99 cox obob M CfobCob -^ocOob is_*; . CO If. to ^1 00 !• KS 00 2 I rf.. crdb ®-i: I -jx sw: 1 M ; a *^ -icjaO-j | [J.. 5 ^ aico' MCO o 99 ^ 00 XX 2 X.', ^ MtO CD03 5 cap e.oo: ! '.j %c;<: 1 2 *< ®si: o M > I 99 I I I C.iO 09 od> ' 99 toto » -J < » ^ « cO I X CO 00 toto toto X-J5 cox IS a ci I 5 to to CD |(.M MM ••W 1 » MMC5M I tOCO 2 : I O»o o OOoO o mmOm 0:iP. I 9 MM 00 06 MtO o' X : XM 00 Cm M CnM oO Om 9, Om M §9 ' CO I I I I I i la: I « tOtoOtO ^^ cts Is 00 MM coco 0050 mmOm C5CH CO -jcn en I to 00 l@l MM M CTM go o 00 = MMtOM COOO ° to to to 97,8 I toco M M"09 9 O05 01 Frl. I I I: N. 5 2 "^ IS tOM 00 o CO ' ^ I I 5 l« -I I I I I »: I Ii Includes sales in September, 1882, for September. 500,200; Septem'"' October, 845,600 September-November for November, September-December for December, 1,097,400. 0/ders— Saturday, lOOSc; Monday. lOlOc: Tuesday, ifF???*"^,*'',"' ^"<.,^*'*;v5^*^''"''*"'*y- 1015c; Thursday. 1015c.; Friday, 10-20o. Short Notices for January— Friday, 1008c. We have Included In the above table, and shall continue each, ™.K'''^> the average price of futures each day for each month. It 1 3fn will be found under each day following the abbreviation •' Aver." The average for each month for the week is also given at bottom of table. SS^"9S^"£'' 7.dkl.000; Deliiy eriet. 200 200 100 700 MM CO o» [j^ OOcO OOoO 060* OOoC OOoO OOoO QOQoOou -gcxrOob .S.40.*, 00 7^ 5,727 441.900 cJlCJiOcJ, *- MM 00 *-* 107,, 200 dally deUTerlea Klven above are aotaally deUrered tHe Tloaj to that on whlcQ they are reported. 5 8-1: I ^?°: 000 ^Oj! rf. 91s 74,900 69,300 76,200 954 99 oco ^icj o TOTHRES. Salei. 5 CD t I 0059 OO09 OOcO OOoO OOoO •-"^o; COoO 6c6o 6 C06O0 tc605o xoOo cdcdOoo obxOob OC3 M M xo^ M 00 X toco 01 MABKET AND SALES. The total sales and future deliveries each day d«ring the week are indicated in the following statement. For the conTenience of the reader we also add a column which shows at a Srlance how the market closed on some days. SrOT MABKIT (j) 00* 10 ^Ved Th. 8»8 97,6 938 o o 91 16 IOI4 107,6 1114 Good Ordinary Btrlcl Good Ordinary 8I4 912 10 10% im 814 9l,f 9I2 0<I MM ^ CO dm 52 99 en-. 6ffi 713 834 10 Btr.O'dMld 10% 12 713,, <I cots I (Oig Frl. Rll« 913 10 10 lOH IOI4 107,6 107,6 Mldd'is Fail Fair 7I3„ O" I I 97,8 Wed Tb. 00 06 a* cjt lA. Sw: M M CO"-* Oi-JI 97,8 91^,6 103,6 103,6 1038 1038 ioii,„ 1011,6 1015,6 io;5,6 117,8 11'16 123,6 123,6 O 0,5,5 -.'1 7% 97,8 915,8 103,8 1038 1011,6 1015,8 117,8 123,8 CJiOcJl 909 OtOoi I I coo9 OOoO MM^M ooSo OCcO MM^M ooo9 OCoO O .g<)O05 01 7% 97,8 9l4,6 9909 O o» I 83,8 9 5 2 a*- TEXAS. 7^ b, -lOi ^1 M 97,6 97,8 915,6 915,8 9161, •if-io 915,8 10.t,8 103,8 103,8 10i« lOie 1018 1038 1038 1038 107,8 107,8 1011,6 1011,6 1011,6 101 1, 10it,e 1011,8 1015,6 1015,6 1015,8 ll'i8 113,8 113,8 117,8 117,8 111*,« 111°,« 1116,„ 123,8 12«'ift 123,8 Ordln'y.lBII) Strict Ord.. MM 00 Idon TneR Sat. mon. Tae« Sat. OoO 9909 o O'O'Out jOCOCn total sales for 2 ^ coi-0 ©'^: ($>»>^; I I The I P-- 90 < 00 tn ^?- OOoO uplands. I a I o The speculation in cotton for future delivery at this market has been more active the past week, and prices, though variable as usual, have shown an upward tendency. From Satur. day morning to Tuesday noon there was an advance of 16@18 points, owing to the prevalence of unfavorable weather at the South, bad roads and local floods threatening a check upon the crop movement, and putting a total stop to such work of picking as t3 01 - «i Stock. Total. 91ls o-asg' * -E Leaving AT— XXXVl. Thb Sales anu Prices of Futhbes are shown by the foUowlug comprehensive table. In this statement will be icund the daily market, the prices of sales for each month each day, and the closing bids, in addition to the dailir and total sales. fi! Sax. 26, [Vol. ; I^ The following exchanges have bsen made during the week. day nre I '\i •28 K3' pd. •13 pd. ^27 pd. 1° **^*'^ \9S. Mar-Jor April. to exch. 500 Feb. for April to enoh. 500 Feb. for Mar. to exch. 1,600 Feb. for Apr. I ' 13 pd. to exoh. -*^•13 pd. to exch. '54 pd. to ezoh. 100 Jan. for Mar. -100 Feb. for Mar. 600 Feb. for June. Jasdaby THE CHRONICLE. 27, lets.] — At thb Ihtbbior Towns thu raovflnn»nt that is the r«o«ipt, tat the wt*ek and aiacH S<«pt. 1, the Hhlpmento for the week, aod the stooko to-ni^ht, and tue same U«mn fur th- aorreHp</ndinK period of 1881-83— in set oat in detail in tb-t followiaK Htatement: nrXhe 113 import* into Oontlnental porta thia week have boea 78,000 bales. The above flgnrea indicata an innreane ih the cotton to-night of 87,U34 bale's as compared with Ae flame date an Inoreaie of :<:i.S,n7ii baleft as compared with the ponding date of 1881 and an inore<M« of 599,040 bale* In tAfctit of IMS, ootm*aa com- pared with 1880. QtJOTATIOXa FOR MiDDLISO CoTTO.X AT OrHSK MaBKBTS IS the table below we give the clo-iing qaotatioat of middling cotton at Southern and other principal cotton markets for eaoE day of the past week. — o rHff^J'pQ I s ?o: : g-fCl; i§: : MM fljCO ?•: fc: M — W^"-^ MW MC9M ^^(OVt Rococo A-' COOMO MOO !0M<O&> i3 PS- Galveston Now Orleans. M M M WW ^ kO CC iO M M W M CO *100 ^ ft OD *. lO « W 51 Savannah 1^ H' i(- C; W «-I -^I — GD CO 0-- U A CD O i(- ifk CC »0 OO (/'bailee tun... CO g< CO « on -^ ^ v> *- *i O *- p ic- X o o: i; w -1 pOMMWMW Satur. Jfon. Tua. Wednu. Thurt. M. 0\ 9% 9\ 0\ O'llS 9>>|< 9\ 9\ 0\ OK 9l>s 9<% 0>« Mobile -^J «> 03 it- CLOSING QnOTATtOHS FOB MIDDMifO COTTON OJT— Wetk ending 9^ V4 O-r, OH 9< 1039 9»9 1038 \0\ 10% 103," 103^ 10 10 10 10 101« lOis lots 9^ OH 10% 9>4 9HI 9>« 9>9 9>« 9»9 9U 0°B OH OH 10 10 >t 10 Pliiladelphla. Louis Cincinnati .. Pt. low 9ig 9V WIlmlnKlon.. Norfolk Boston Baltlmoio .. Augusta Memphis.. *.0»MC:0S*OiK 9»8 958 9»8 S?'« ... 90s 9i>g 91>9 9^31>l« 9H OH 9«8 O'M 9^ Louisville 91? ei'is 9<>i« 10<a OH 9«g 9% 9>4 OH 9i>» 989 9»8 9«» 9<S — O »0 CO C"* (JO iCk UK CO «b OS OD *» CO CO Co'cJt 00 M M «l"^l Oi O 01 3 M C t" *. o to ta w a coo o» M y o ^1 o ^1 ra ^ 10 r- v*" OD 10 1 O *!»*-** a O 00 M to *o o ^ <-' 1 -I ta e*; ctocJoaoatDCC !:;» ' ^ ^ M lO MW *» O to ^ O to to ^ 0» M to 00 (X or o 01 p — 15 'I X w *- CO w 01 * X ^ ca J >J 'bci'^-o»c'^ico*--io'i>'OQDl;'^ wwVo *. ro CO CO •00 ^ » O — CO — C O 10 <i- ift. i*" 10 05 CP tC 10 •- <1 C «-) C O OD (X *4 CO CO CD CJi rf^ *- 01 t 1&. rf^ -^ in OS O QD U< CO 00 W • X ^ J VI <I W^ C" O M *- O 01 »-^ o i^ tocoM3^«-"-»yt*4W J oo-JOccr^cto -•MAMIO<)tO Ac;<c;i a it- fli «fc* *• C-;"^ vxQ'^ '-D -^1 o:c»jc;«o5'S Q&0"^COOS-ICOMSaOC;'«-IC50:M*^lOOCO c^*-b«cccoQDy( - 1 ic 01 !5? Rbobifts from thb Plahtatioss. ^The following table is prepared for the purpose of indicating the actual movement each week from the plantations. Receipts at the ontports are sometimes misleading, as they are made up more largely one year than another at the expense of the interior stocks. We reach therefore, a safer conclusion through a comparative statement like the following. In reply to frequent inquiries we will add that these figures, of course, do not include overland receipts or Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop wtuch finally reaches the market through the out-ports. aSCRIPTS FROM PLANTATIONS. Wuh — CO o: 1^ ca C5 to oi •- o w -- '^ X CO »-'-qoc."'«*«coCJOco^towwa:^tGCitot3 p^OO- irfifck-co-'i^ooif^-CjaDOOi^Jwao — oaoto'-'aiit^ * Actual count. 1 Reeeiftt at tlu PorU. St'k cAlnterifir Tovm».\lUc*pU from Ptant'iu 'S0-'81. 'Sl-'ci. 'd2-'tS. 'a0-'8).|'81-V2.('82-V3.i'ti0-'Sl.iyi-V- :; t This year's tigures estimated. Not. 10. •• 17. 215.842 233.320 262,2S1 363 2581322.161 2! 1,710 f !8,538 S»34' 2se3W 2i6,8l-j WS3,48« 259.154 :f81.562:34S.T0t),244,IS3.'^71.e22 257.at" 291,587 " show that the old interior stookR hare de21. 205.192 232,21« 242,169 231,178 3C7.U60 259.173 ?(W.10rtlWI.r,,, 257.221 21S,3)1 222.170 V5).097 287.717|3*.l.>i8i)275,7Jol22i.58sl.«>-.ll»fl,.. creased during the week 12,911 bales, and are to-nig-ht 45,579 Dec. 1. 8 ai3.l37 238.814 217.017 303.003 4:9.5911 2«l,3:o|.^S8.423|261.357'2e2.693 bales less than at the same period last year. The receipts at " 15. 238.1(10 21I.57BJ263.015 S-ia 852 14'.53fS 299.52S 272,319 271.513 270,167 the 8&me towns have been 28,740 bales /»ore than the same week " 22 237,980 208.855, 259.170 .3.53,48; 157.024 338.»93'254.6:^S 218,'M3 295.B86 last year, and since September 1 the receipts at all the towns " 29. 193.435 200.024 251.P23 3i)8.025j46«.S,'6'3;9.H6sl!05.973'2I0.186 294.7*6 are 346.3;iS bales more than for the same time in 1881-2. Jan. 5. 110.735 I52.42U 224.90' SSr.OtJ 4-,8.8J9i383,617 85,374 13»,502!2<8 789 Thb Visible Supply ob Cottox to-night, as made up by cable U 12»,e04 114 8«8 S75.S8-. 301..55 435.050 380.21? 101.490 86. 59 171,983 " 19. «nd telegraph, is as follows. The Continental stockx, as well as 138.8;9 (I9.H90 I50.3H0 339.282 419.043:867.1^7|lS8,:91 83.1-83 133,100 12S.o;o 1*2.0311 lja.400 306.321 '40O.C86'3S 719 IS2.1'29 71.024 119.18 Great Britain and the ailoat, week's those for are this returns, and consequently all the European figures are brought down The above statement shows 1. That the total receipts from the to Thursday evening. But to make the totals the complete figures for to-night (Jan. 26), we add the item of exports from plantations since September 1, 1882, were 4,4S2,S05 bales; in The above totals •• •• I I — Un ited States, including in it the eiporfs of Fridajr only. fS" We re-arrange our vLsible supply table for previous years th e — to conform to the change madi- in Continental stocks that is to say, the Continental stocks of the succeeding week are inserted to make the correct comparison. Stookat Uverpool balei. Stock at London Total Great Britain atook fltook at Hamtnirg Btook at Br«iurn.. .....,, ...... Stook at Am.'iterdam Block at Rotterdam Stook at Antwerp Stock at Havre etook at Miu-aelllec Stock at Rar«^loDa Btock at Utuioa 1382. 1881. G31,000 13.700 473,000 41,700 4ii 1R80. 1,000 G74.700 2,200 40.100 12,200 5U.700 519,314 1,500 516 68.900 5.500 33.700 3,500 2,500 220,676 156,611 120,266 Total Baropean stocks.. .,1.171.300 895.376 lodla cotton adoat for Europe. 103,000 155.000 Amer*D oottoa afloat for Europe CO.1,000 477.000 £g7Pt,Brazll,<ho..atlt (orE'r'pe e.'i.OOO 32.000 Stook In United States ports .. 873.839 1,143.660 Stook In U. S. Interior towns.. 319,197 384.776 United Sta tea exports to-day . 46.100 29,000 671.3U 639. .iBO 101.000 815.000 12.000 8U1.9S7 273 5C5 15,000 61,93-i Stock at Trieste Total oADtlnental stocks... Total visible supply 275,800 884 599 49,000 1.321 19.158 1,500 1,248 567.181 31.6JS 939.182 361.880 21,000 3.181.136 3,090,812 2,785, S66 2.625,336 Of tbeabove.the totals of American and other descriptions areas American— follows: tilverpool Bt<)ok 351.000 Uontlneutal stocks American ailoat for Etirope United States stock United 8tat«Hluterlor stocks.. United States exporu to-day.. SoUl American Katt Indian.Sraait, ite.— Liverpool stock London stock Ooutlnent.ll stocks bdla aUoat for Europe •Rype, BrazU, die, afloat Total East India, fto Total American 555.000 151,000 173,000 111,000 603.000 177,000 873.889 1,113.660 3dl.776 319.197 46,100 29,000 352,000 101.000 815,000 8'il.987 273.565 15,000 93.1)00 807,181 930.182 361. SSO 21,000 2,570,136 2,i82,136 2,121,552 2,333,243 266.000 77.500 102,800 103,000 65,000 177,000 43.700 10ti,676 1.55.000 32,000 121.000 41.700 52.611 101.000 42,000 were 122,129 bales. Amouht op Cotton in sioht Jascaky 26,— In the table below we give the receipts from pl?ntation.i in another form, and them the net overland movement to January 1, and 19,720 add to 25.020 also the taking by Southern spinners to the same date, so as to 1.200 give 8ub.stantially the amount of cotton now in sight. 2,090 114,000 2.450 40,000 2.500 4,320 , 2. 3S.3U 1.500 22,000 17,000 1,130 , were 4,048,042 bales; in 1830-81 were 4,231,624 bales. That, although the receipts at the out-ports the past week were 136,400 bales, the actual movement from plantations was only 119,182 bales, the balance being taken from the stocks at the interior towns. La.st year the receipts from the plantations for the same week were 74,024 bales and for 1881 they lafil-83 130.000 38 311 27.2C6 61.988 31,635 611,300 514.376 361.311 292 153 2,570,136 2,582,136 2,124.552 2,333,248 Total visible supply 3,194.136 3,096,812 2,785.866 2.625.398 Price Mid. Upl., Liverpool.... 7lu<l. SHd. tf^Bd. 6»i«d. 1882-33. 1891-82. 18''0-81. — Receipts at the ports to Jan. 26 bales. 4,118,631 3,692.181 3,901,141 35.5.161 Int'r st'l<8 in excess of Sept. 1 on Jan. 26. 334,261 267,183 Total receipts from plantations Net overland to January 1 Southern cousDmption to January 1... Total in sight January 26... 4,182.895 1.048.042 1,231,624 413.082 323,510 130,0X 100,00< 316,763 85,000 5,025,977 4,471.552 1,633,387 It will bo seen by the above that the Increase In to-night, as compared with last year, la 551,425 bales, with 1880-81 Is 332,590 bales. amount In slctit and as compared Weather Reports by Teleoraph.—The weather lias been quite cold in almost all sections of the South during the week, in Texas it has been exceptionally so, and in consequence all work has been suspended. — Galveston, Texas. We have had rain on two days of the week, the rainfall reaching thirty-nine hundredths of an inch. The weather was very severe for this latitude during the first three days of the week, the whole State being covered by a sheet of ice, the remainder of the week has been pleasant, but the roads are impracticable, and work is still susiiended. hope that there will be any more picking to amount to anything. Strange to say orange trees and other tropical vegetation do not appear to have been injured by the low temperature. The thermometer has ranged front There is very little 30 to 65, averaging 43, THE CHRONICLK 114 [Vol. XXXVt The following statement we have also received by telegraphy day Jndianola, Texas.— We have had rain (sleet) on one showing the height of the rivers at the points named at 3 o'clock an of hundredths eight reaching of the week, the rainfaU January 25, 1883, and January 26, 1882. 18. inch. Average thermqpaeter 40, highest 68, lowest Jan. 25, '83. Jan. 26, '82. DaUas, Texas.— It has rained (sleet) on one day of the The inch. an Feet. Inch. of Feet. Inch. hundredth •week, the rainfall reaching one 4 3 O Below high-water mark 10 Hew Orleans 11 weather is too cold for rain. AU work is stopped by the Memphis 34 Above low-water miirk. 12 4 mark 30 low-water f>3 highAbove 7 the averaged NasUrille 86, has thermometer severe weather. The mark IH low-water 6 24 5 Above Shreveport 16 2 42 Above low- water mark Vicksburjr. est being 68 and the lowest 4. Brenham, Texas.— We have had no rain during the week, New Orleans reported below high-water mark of 1871 nntiC but vfork is impracticable on account of the cold weather. Sept. 9, 1874, when the zero of gauge was changed to high-water mark of April 15 and 16, 1874, which is 6-lOths of a foot aboT» The thermometer has averaged 44, ranging from 18 to 74. Palestine, Texas.— It has rained on two days of the week, 1871, or 16 feet above low-water mark at that point. the rainfall reacMng wventy-nine hundredths of an inch. India CorroN MovKHKirr feom all Ports. We have doringr to rearrange our India service We have had hard frost. All work is suspended. Average the past year been endeavoring so as to make ovir reports more detailed and at thu same timethermometer 40, highest 68 and lowest 11. more accurate. Hitherto we have found it impossible to keep> Huntsville, Texas.— It has rained on one day of the week, out of our figures, as cabled to us for the ports other than; inch. We of an hundredths the rainfall reaching fifty-five Bombay, cargoes which proved only to be shipments from one have had ice, sleet and snow during the week. The ther- India port to another. The plan we have now -adopted, as wehave reason to believe, will relieve us from the danger of thmmometer has ranged from 11 to 70, averaging 41. We first give theinaccuracy and keep the totals correct. Weatherford, Texas.—We have had no rain during the week, Bombay statement for the week and year, bringing the figures' averaged has thermometer The everywhere. is ice there but down to January 25. 35, the highest being 68 and the lowest 4. B09IBAT RECEIPTS AND SHtPHBKTS FOR FOUR TEARS. Belton, Texas.— We have had no rain during the week, but JUceipts. this week. Shipments since Jan. 1. Shipments has averaged The thermometer cold. the weather is terribly — ranging from 11 to 73. Luling, Texas.— It has- not rained during the week. Ice formed in this vicinity on three nights. The thermometer hag 42, ranged from 16 to 68, averaging 43. New Orleans, Louisiana. It has rained on two days of the week, the rainfall reaching eighty-two hundredths of an inch. The thermometer has averaged 50. Bhreveport, Loutsiana. During the early part of the week the weather was cloudy and threatening, but latterly it has been clear and fair but cold. The rainfall reached one inch and twelve hundredths. We had a norther, with sleet and light snew on the twentieth. The thermometer has ranged from 12*0 64. \icksb'urg, Mississippi. We had rain on three days the early pact of the week, but during the latter portion the weather has been balmy but cloudy. Colun^us, Mississippi. It has rained on three days of the week, theraiofall reaching two inches and sixy-six hundredtlis. Little Rock, Arkansas. Telegram not received. Memphis, Tennessee. We have had light rain on four days of the week, with sleet and snow on one day, the rainfall, including melted snow reaching fifty-five hundredths of an inch. The thermometer has averaged 35, the highest being — — Great rear Great OontiBriVn. nent. Total. Britain — — 58 and the lowest 10, the lowest this season.^ Nashville, Tennessee. It has rained on three days of the week, the rainfaU reaching eighty-eight hundredths of an inch. Average thermometer 36, highest 57 and lowest 14. Mobile, Alabama. It was showery on two days during the early part of the week, but the latter portion has been clear and pleasant. The rainfall reached ninety-one hundredths of — — an inch. ing The thermometer has ranged from 81 to 72, averag- 50. — has rained on three days of the week, the rainfall reaching two inches and four hundredths. We have had frost on two days, and the temperature has been below freezing point on two other days. It is snowing It Average thermometer 48, highest 77 and lowest 28. Selma, Alabama. It has rained on two days of the week, the rainfall reaching one inch and seventy -eight hundredths. Xhe tributary rivers are higlier. The thermometer has avera^d 44, ranging from 22 to 74. Madison, Morida.—TelegTa,m not received. Macon, Georgia.—It has rained on three days of the week. eoiumbus, Georgia.—We have had rain on two days of the weel?, *he rainfall reacliing seventy hundredths of an inch The tbarmometer has averaged 48, ranging from 30 to 61. Satxauiah, Georgia.—It has rained on three days of the week, antf the remainder of the week has been cloudy. The rainfall reaehed sixty-eight hundredth* of an inch. Average to-day. — This Week. Total. 28,000 35.000 16.000 15.000 56,000 37,000 101.00<j 41.000 29.000 20.000 30,00(1 18,000 Situ:* Jan. I. 127,000^ 144.000 00.000 62,000> According to the foregoing, Bombay appears to show a decrease compared with last year in the week's receipt*) of 4,000'' bales, and a decrease in shipments of 17,000 bales, and theshipments since January 1 show a decrease of 45,000 bales.. The movement at Calcutta, Madras and other India ports for th» reported week and since the Ist of January, for two years^ "Other ports" cover Ceylon, Tutieorin^ has been as follows Karrachee and Coconada. last Shipments for the Great Britain. Calcutta— 18S3 1882 Continent. 3.000 5,300 teeetc. Total. 1,000 400 Shipments since Jauuftru Great Britain. IS. 000 4,000 5.700 25.800 Continent. i Touil 2.500 S.IOO 20.5OO2.S,900 Madras— 1883 1882 2.00C* l,80O 2.000 1,800 , AU others— 1883 1882 l.'OO 1.000 2,300 •206 .:,50O 21.000 20,900 2,.'500 3.300 23,50033.200- Total all— 1383 1882 3,000 1.000 40 5,:!00 4,000 5,7UO The above totals for the week show that the movement from the ports other than Bombay is 1,700 bales less than sameweek last year. For the whole of India, therefore, the total shipments since January 1, 1883, and for the correspondinsj period* of the two nrevious years, are as follows: EXPORTS TO EUROPE FROM ALL INDIA. Bkivmenis Europe to ail Montgomery, Alabama. 28,000 66.000 13,000 15,000 10.000 1S83 10.000 1882 17,000 10,000 27,000 1,000 1,000 1881 1880 6,000 2.000; 8.000 — — Continent. from— Bombay AU other p'rts. Total This 1883. This week. 18S1. 1882. Since Jan. 1. Since This week. Since Jan. 1. This week. 101,000 33.200 1,000 10,000 20.0(y> 42.00t> 134,200 11,0001 71. 000- lO.OOOJ Sii.OOO 4 000 23.500 27,000 5.700 14,000 79.500 32.700 Jan. 1. statement affords a very interesting comparison of thetotal movement for the three years at all India ports. last Alexandria Receipts and Shipments.— Through arrangement* we have made with Messrs. Davies, Benachi & Co., of LiverpooJ and Alexandria, we now receive a weekly cable of the movement* of cotton at Alexandria, Egypt. ftjr the past week of the previous two years. and shipments Alexandria, Kuypt, Januari/ 25. The following are the receipt* and for the coireaponding weet 1882-33. 1881-32. 1S8C-81, Eteoeipts (cantars*)— This week Since Sept. 1 65,000 1,886,000 This Si7ice week. Sept. 1. thermometea'/>2, highest 68, lowest 43. 110,000 2,437,550 This Since week. Sept. 1, 90,000^ 2,220,00<h This Since vntk.' Sept. 1.. (bales)Augusta, Q«orgia.—We have had heavy general rain on To Liverpool.. 7,000 153,000 11,000 159.0001 10.000 i5O4)0<^ three days of *he week, the rainfall reaching two inches and To Contiuent 4,000 49,000 7,319 95.301 11,48» o7,oe» nineteen hundredths. The thermometer has averaged 47 the Total Rurone ' 11.000 202,000 18,319 254.301 21.489 207,082 highest being 66 and the lowest 28. * A oantar is 98 lbs. Atlanta, ffeorfiria.—-Telegram not received. Charleston, South Carolina.— have had rain on two This statement shows that the receipts for the week endBag days of the week, the rainfall reaching flfty.five hundredths of Jan. 65,000 cantMB and the shipmenta to all Bnronft An inch. Average thermometer 50, highest 63 and lowest 34. wwe 25 werejjales. J1,000 Exports We Jamuaht 27, 1883 THE CHRONICLE. | Haxohimtsb AliKKn.—Oar rxport reorlrad from Manohestor Co-ni^M HtattM that owlog to Liverpool adrUes thx market i» drm. with a good demand, at a nlight adraao^<. Wm give tht* pnuHH of to-day below, aad leave prerioaa weelu' prioea for -oomparison. S2( Onp. TwUl. »»t21 ••m. 1 a. SI'S 8'9 8 8'» •• " ift « ai " S'a 8'» « « • OHi 9>« 9>9 U>a 2(1 813,, to- 9'iit Jau. 5 .. 1881-82. 9H (1. 3 3 3 3 " • 9>4 2rt «. 1>1I«7 It 19 d 9 d 6>« »7 «7 9 6 97 9 »7 7>» m»7 1 8'>g OtUCn m-i. Uplli lb$. SKirlingi. ,._, " 19 »7 »7 •? 7 T*! 7>« SVt Uu. Shirtinffi. d 93^ »10>« gag »10>8 998«1U>8 d. d. 6 6 6 6 6 8 6 9>4«IU 9a»*l0 9^910 9^ a 10 9^ «10 7 B 4>fl 6 83* Oop. 5»8 giavio 9>a910 a. d nut. Upldi compared with 99 1>< 6i« 98 mi e"i« li« •ari 9M this week snow an week, the total reatihing M,6S1 week. Below w« give onr nsaal la.<it bales, against 11.365 bale* last ihowing the eiports of cotton from New York and their each of the last four weeks als<i the total exports and direction siact .September 1, iHtii, and in the la.st eolama the total for the same period of the previoos year XPOmor OOTTOK (BALBS) rBOM NaW TOKK ainOB SIPT. 1, 1883. table ; Week ettding— ~. Mxporled to— Jan. 4. . Uverpool Other BritlBli ports 17,107 100 Bame Jan. Jan. Jan. 11. 18. 25. Total tinee Sept. period 1. previ'ut year. 8.985 to 200 11 iiii 278.937 178.483 3,420 3,964 9!) 6ll„ 93 98 Si'>» Total TO Grbat Bbitain 17,207 8.985 10,200 11,115 282,363 188,447 6\ Other French ports 7>«98 7'a»8 e»8 — JuTB BuTTO. BAoaina, Brc. The market for bagging has l>een rather quiet since our last report, and f«w parcels are being- taken. Buyers continue indifferent about laying in any lari^e supplies, and are only taking small parcels to till present requirements. Prices are unchanged, though the feeling is ea.sy; bat holders will not shade quotations for the lots moving, and at the close the asking figures were (3J4c- for l)^ lbs., "iMo. for I'A lbs., 8c. for 2 lbs. and S%^9a. for standard grades Butts are also quiet, and beyond a few transiotions for sm\ll orders we hear of no busineds. Holders are steady as to price close, though the present quotations are lower than when last wrote, and paper grades are now quoted at2J^@2/io., at the we Thi Bxpur-n or Corrov from New York increase, as dire<!tion, for 1882.83. <1. 115 Havre 233 250 142 792 19,382 16,163 100 Total Fkknoii 233 142 250 Bremen and Qanover 400 16 2.50 491 797 2.430 2.179 S50 549 1,938 40,809 3,777 Total to North. Eorofe 3,080 3.467 913 2,438 94,630 36,046 256 2,442 4,490 837 256 6,932 837 792 Spain. Op'rto, Qlbralt'r,&c All other Total Spaim, Ao 1 19,432 16,163 350 30.368 200 23.453 19,703 1 Oband Total 20.520 12.594 11.365 14.651 loiilo? 235,492 Thb Followis.j arb thb Gaoss Rbobipts of Cottozt at New York, Boston, Philadelphia and Baltimore for the past week, aud since September 1, 18S2: CoMP.iBATiVK Port Rbcbipts asd Dailt Chop Movbmbst.— A comparison of the port movement by weeks is not accurate PkUadetphia. New York. Baltimore. -»» the weeks in different years do not end on the same day of Receipts ^he month. We have consequently added to our other standing ThU oinee Thi» Since Thi* Hinee from— Since week. Sept. 1. ikeek. Sept. 1. week. Sepl.l. week. Sept. 1. -tebles a daily and monthly statement, that the reader may «oiistaatly havtj before him the data for seeing the exact relative W. Orl'ans 7,219 128.055 2.493 ^movement for the years named. The movement each month Texas 6.305 107,610 •since September 1, 1SS2, has been as follows: 8avauDah 4.6'2"3 155,300 4,737 47,673 245 11,547 3,437 38.090 while bagging qualities are obtainable at 2 7-16@2^c. Mobile... Florida . . Tear Beginning September MoHlhly JUeeipU. pt'iub'r October.. S.Car'Iiiiii 1. NCar'liiia 1882 326,656 93i).5Sl HOTemb'i 1.0?4,G J>ee«mb'r 1,112,538 1881. 1880. 4o8.47ti 429,777 833,195 968,316 974,0 l.T 1.006,.'iO) 996,807 1,020,802 1879. 333,643 838,492 942,272 956,461 1878. 288,84^ 639,261 779.237 893,661 1877. 98.49] 878,533 822,493 900.119 Vlriclnla.. North, pts Tenn.. Jcc. Foreign "i'4li| 7.496 4,739 113.714 333 3«,536 4,355 143.650 5", 158 90.727 "76 "6"04 31,735 306 15.038 2,668 12.822 2,47T 76,410 2,72^8 38i6^58 3,5L8 691 37.555 4.6591 86,418 3,7231 96,245 e.vfa 203 27,161 1,531 . This year. 27,173 783,169 13,710 277,039 3.553 89,119 12,404 189,726 Last year. 34,245 810,28l|ll,367 274,033i 2,879 59.433 3/U8 151.129 Xotalyear 3.511,173 3,253,822 3,454,09!) 3,120,871 2,651,013 2.399,636 Poro'caf^e of toe. pori raoelpts Deo. 31.. 68-93 58-80 6239 5960 — 5.'52I This statement shows that up to Dec. 31 the receipts at the ports this year were 260,651 bales more than in 1881 and "60.374 bales more than at the same time in 1880. By adding •to the above totals to Dec 31 the daily receipts since that time wa shall be able to reach an exact comparison of the m^vemeut for the different years. Shippiuo News. The ezports ol cotton from the FTnited 8t«tes the past week, as per latest mail returns, ha»e reached 137.S93 bales. So far as the Southern ports are concerned, these are the same exports reported by telegraph, and published in *ne Chbosiclb last Friday. With regard to New York, we Inclade the manifests of all vessels cleared ap to Thursday night of this week: Total iMlet. New Yokk—To Liverpool, per steamers Oennanici 2,470 2,573....PArthia, 1,ii50....RepubU(>,. 1.59ia.... 11,115 Spilu, 2.1S1 Wisconsin, 143 „.„ 792 To H.ivre, per steamer Canadii, 792 350 To Bromeci, per steamer Neckar, 350 ...,...„ 200 To IlambiirK. iwr steiimor Ruijii. 200 .^ 788 To Ani-<ter(liira. per 8te;imer SchieiUm, 788...,^ 1,150 To Antwerp, per BteiiniiT Rliynlund, 1.150 256 To Genoa, per steami-r W'ashmeton, 256 , Sbw Orlkvns—To Liverpool, per steamers Architect, 2,019 City ..Cadiz, 5.000 of Avlona. 4.091. ....\uthor. 2.930.. HistorUa, 3,914 Canterbury. 7,464 ...OoJombo, 4,960 per ship Aslaua, L:import, 5,386 Nautes, 8,151 Istriau. 183233 1881-82. 1880-81 1879-80. 1878-79. 1877-78. T6t.Dc.31 3.514,473 3,2)3,822 3,454.0;19i3,120.871 2,651,013 2,399,636 Jan. I.... 4»,36t) 8. 20,294 1.5,776 9,61-1 18,351 " 2.... 23,i?30 35.438 30,208 22,'227 S. 30,235 " 3... 24.05B 21.323 23,424 30,790 36.437 13,957 4.... 29.18) 17,026 11,803 8. 14,91!) 31,491 •* 6.... 23.405 33,S95 23,518 13,307 S. 20,055 •" 6.... 31.713 37,231 16,773 22,906 33.24S 8. T.... 8. 17,951 25.039 19,929 14,.-.2B 31,763 •" 8.... 39,653 8. 17,5.>1 17,296 11,394 24,319 '" 9... 10,749 21.610 8. 3 1,762 20.046 17,404 -10... 20.94i> 16,.348 26,830 20,41 L 23.92ii 1.1,321 "H.... 25,776 14,187 18,066 S. 13,778 29,232 -12.... 28,512 12.362 20,0 J6 22,132 a. 27,093 -13.... 23,752 31,330 1*,.509 21,127 23,732 S. - 14.... 8. 12.290 29,777 19,010 22.120 33,738 -19.... 31,999 8. 21,347 19,790 15.906 16,553 - 16.... 19,691 17,601 S. 26,983 15,902 26.396 -17.... 23,706 13,001 28,037 35,188 22,115 21,971 - 18.... 20,346 l.%735 23.976 8: 20.397 27,986 - 19.... 30,896 16,877 17,369 35,455 S. 18,520 -20.... 21,356 V 23.8361 18,512 22,105 25.456 8. " 21... 8. 15,733 31.395 17,733 21.234 38,030 -«.... 21,176 8. 17,510 21,312 24,705 29,497 *•• 23 20,563 17,372 S. 36,137 22,683 27,091 -24.... 14,748 11,133 23,913 23,924 31,173 24,583 -25.... .21.178 11,527 16,669 8. 24,958 27,338 "26.... 34.374 12,222 16.188 29,260 8. 22,804 " — (Mai 4,148,631 3,671,392 3,910,504 3,667,291 3,127,601 2,931,359 raR)enta< e of total Dort rec'i>t»J»n.26 77-73 66-57 73-32 68-60 7033 This statement shows that the receipts since Sept. 1 up tn now 477,231 bales mire than they were to the same 4*7 of the month in 1832 and 233.127 bale.s more than they were to the same day of the month in 1331. We add to the tablr the percentages of total port receipts which liad beea fw>MT04 to maMmrj 36 In eaoh of the rears named. 'to-night are — — 4,047 To To 48,.562 H.ivre. per steamer Konhester. .i,890 per steamer Stratlialrly. 1,500 Ti> Pasa^jes, per hitrk .Simpson, 1, 150. .......... To Santauder, per bark Famalia, 1,200 To (ionoa. per bark ZvHiro, 1.771 City of Mexico, To Vera Cruz, per steamer Cha.se, 1,092 1,335 Ohari.kstox—To Liverpool, per steamer Royal Stamiard. 2,851 per barks Camilla, 1,400 Upland and 393 Sea Island Upland. ...C. L. Meyer, ,1,300 Upland.. ..Norma, 1,519 Diinltirlf, Upland To Rouen, per bark Atlanta, 1.850 Upland To Olient, per bark Sondemandeu, 1.330 Upland To Sebastcipiil, i>«r steamer Keroula. 4,080 Upland SArANNAH— To Liverpool, iier ship .Vlfred, l,S-!9 Upland To Bremen, per bark Ruth, 1,799 Upland T« Arastordaiu, per hark Uarabaldi. 1.890 Upland To B.irceloiia. per Itark Virtuosa, 1.762 Upland ToCoruuna, per brig Ysabelita, 600 Upland per barks Texas --ro Liverpool, per ship Alsoma, 4,273 Agon. 979. ..Lorenzo, l,r<S9 To Cork, for orders, per bark A^key. 1.565 Trols Mediator, 927 To Havre, i>er barks Flora, 1,674 — for oi-ilcrs, jier 1,;00 1,774 2,437 7,469 1,9,")0 1,380 4,080 4,S99 1,791) 1.880 1,76-2 6U0 6,841 1,561^ 4,032- Frercs, 1,131 Latona, 1,775 To Bremen, per bark-i Enximns, 760 WiLMINOTOS— To Liverpool, iHjr bark Kmilv, 1,;>05 To Queenstown or Falmouth, 5,890 1.500 1,150 2,54t It3i>5 bark A. M. 8chwelR«ard. 1,694 Liverpool, per steamer Mark Lane, 5.700 MonLiverpool, per steamers Enrtqno, 1,264 treal. 2.911. ...Oranmore, 2,954 BosTo.N— To Liverpool, per steamer Bulgarian. 1.219 PHiLADEi.i'Bl.t—To Liverpool, per steamers British Prinee, 2.30O-. ....Ohio, 700 Norfolk—To ^f^Ji 6,700 Baltimorb— To f or>a, p.^rticalars of theae ts follow*: a.000 137.8»»a Total.... The 7,129 1,310 shipmenta, arranged tp ou oaiul THE CHRONICLE, 116 BreXoiieti Liver- New York.. M. Oilcans. Charleston. Savauuali . Texas Wilmington Norfolk.... Baltimore.. Boston PUladelp'a <t Dun- oool. Havre, kirk. 792 11.115 48.362 5,890 1.500 1.850 7,463 4,889 6,811 4,032 1,305 5,700 S'l^g i'219 3,000 Barcelona, Santander, AmsUr- menitd'm,Ret- Bam- I'd'm <t Sebas- Corunna burg. Antiv'p. topol. dPasages.Total. 14,651 62,513 11,778 10,930 11.979 550 1,938 2.350 .. 4,0SO 2.363 1,980 j,79it 2,511 f^'The prices are given in pence and and 6 03 means 6 3-64d. ,999 Sat., 1,219 3,000 137,898 Total... 97.228 10,714 S.350 4,890 3.818 .4,080 4,712 bales; Inclncled in the at>0T6 totals are, from New York to Genoa, 256 bales; Cruz, 2,43/ Vera and to 1,774 bales from Kow Orleans to Genoa, for orders, from Charleston to Ghent, 1,380 bales; from Texas to Cork, for erders, bales; from Wilmington to Queenstown or Falmouth, 1,565 Open HUfli Low. Clos d. a. d. a. 534 5 34 531 535 Mar.-April.. 538 5 33 5 33 5 33 6 31 5 37 April-May 5 41 May.Jane.. 5 45 510 544 511 518 319 January Jan.-Feb. .. 5 34 Feb. -Mar... S34 . l',604 bales. clearances, this week, of vessels carrying cotton from United States ports, bringing our data down to the latest mail dates: Galveston— For Liverpool— Jan. 19— Ship Julius, 3.736—Jan. 22— Below we add the Steamer 23— Steamer Billow, 1,290. 19—Bark Eliza S. MilUgan, Cella, 9.449.. ..Jan. Nbw Obleass- For Havre—J.an. Jan. 20. Gitiis.lhus: 5 Mon., .Tan. !22. 02 means 5 62-Gld. Tues., Jan. 23. 7129 :::::: ::: XXXVI, Vol. The opening, highest, lowest and closing prices of futures at Liverpool for each day of the week are given below. These prices are on the basis of Uplands, Low Middling clause, unless otherwise stated. 5,700 :::::: :::::: I June-July.. 519 Jnly-AuK... 5 51 Auij.-Sepl.. 5 58 5 41 5 45 5 49 5 5 5 5 5 33 83 3S 38 11 Opeii ^i«)! 5 31 5 81 Clos. d. d. d. d. 5 36 5 39 5 39 5 31 6 36 5 33 5 39 6 43 5 89 5 39 6 39 6 13 5 13 5 43 5 45 5 89 5 39 5 39 510 512 5 63 5 67 513 512 516 550 516 5 50 5 53 550 664 558 5 58 5 53 5 60 558 5 61 5 62 5 63 535 538 513 5 41 515 515 5 51 619 553 554 5 62 5 68 5 63 5 67 5 57 561 5 5: Open IIigh\Low. d. 5 58 5 57 Low. Clos d. 6 31 5 35 584! 5 5 5 5 5 11 515 45 49 53 57 6 51 6 00 5 62 d. 5 39 5 39 5 47 6 59 5 53 5 60 Sept.-Oct... 2,853.... Jan. 20-Shlp I.ydia Skolfleld, 4,242. For Geuoar-Jau, 22— Bark Litizea, 1,306. For Trieste— Jan. 22— Barks Eos, 1,300; Jona, 1,758. Savannah— For Llven^ool-Jan. 20-Steamer Mareca, 5,391. ..Jan. 22— Jan. 24— Bark John Lorway, 3,851. Bark Preciosa, 2,823 For Bremen— Jan. 22— Bark Betty, 3,579. Chableston—Fo.- Liverpool— Jan. 22— Bark Kentigem, 2,3".0....Jan. 23—Barks Privateer, 2,910; Walle, 1,982... Jan. 24—Bark Daphne, Wilmington— For Liverpool—Jan. 22— Eark Ckristme, 1,228 — Jan. 23— Bark J. H. Schwensen, 1,442. Norfolk— For Liverpool— Jan. 19— Ships Eupliemia, 5,450; Otago,4,457. Liverpool -Jan. 18— Steamers Kansas, 3,315; Glamorgan, Jan. 24— Steamer MisJan. 19— Steamer Marathon, 810 372 souri, Jan. Cubano, Steamer 2,208 Baitimore— For Liverpool— Jan. 20— Jan. 23—Steamer Calilornlan, 22—Steamer Mcntmore, 1,535 Boston— For — . 883. For Rotterdam—Jan. 23— Steamer Joshua Nicholson, 800. Philadelphia— For Liverpool— Jan. 23 -Steamer Lord Ciive. 1,600. For Antwerp—Jan. 23— Steamer Zeeland, 200. Below we give all news received to dite of disasters to vessels carrying cotton from United States ports, &o. BcyPT. steamer (Br.), before repoited, from Charleston for Bremen, ashore at Watchapreaguo Inlet, was floated oflf A. M. of January 21 and safely taken to Norfolk on the 22d. She was leaking, and an effort was to be made to get lier on the dry dock at the Navy Wednes., Jan. 24. Open High Low. d. from Savannah for Bremen, stranded near inst., but afterwards got oil' undamaged. Cotton freights the past week have been as follows: (Ger.l, Alberts, Satur. Mon. Wedneg. Tiiet. Thura. Fri. Uveipool, steam d. 3i8®"m 31,317,1 316® n„ 3i8®"ei 3i6ai7a< 8l6®"e4 saU...d. .... Do .... .... ... Havre, steam.. ..e. '18* '16* Jib* ha' ho' 'l8' Do sail .c. e. BaU...d. Amst'd'm, steam.c. 8aU...d. Do steam Do d. sail .--. e. Barcelona,8team.e. Genoa, steam ...d. < Compressed. .,-. .... =S®".12* Jsai'sa' I48173J- Do Baltic, .... .... «. Bcemen, steam, saU Do Ifl®l'l33* .... ^®i73a^ ^a-i'sa .... ..• .... .... .... 'fl' >«• ^«' ia» .... .... .... .... .... ..*] 9l«* »18* »16* »i.* »16* 9l6' .... .... .--. .... %• as* .... 38- .... ' V .... V v % 38* .... V %• .... V %- '8' %* V %• h>' H< .... '8* V — Liverpool. By cable from Liverpool, we have the following statement of the week's sales, stocks, &c., at that port. We add previous weeks for comparison. Jan.S. Bales of the week bales. Of which exporters took .... or which speculators took.. Bales American Actual export Forwarded Total stock -Estimated Of which Amertcan— Estim'd Total Import of the week... Of whicn American Amonnt afloat Ot wbioh American Jan. 12. 43,000 3,800 66 OOP 1,670 3,700 49,000 4,600 25,500 699,000 429,000 80,000 64,000 470,000 32,500 4,900 29,500 710,000 415,000 119.000 104,000 367,000 329.000 7.30'' 425,00fi Jan. 19 65.000 6.000 4.700 47,500 7,600 31,000 814,000 519,000 208.000 191.000 336,000 290,000 Jan. 26. 97,000 12,000 18,000 66.000 7,500 30,500 821,000 555,0C0 11-2.000 87,000 314.000 2^9,000 The tone of the Liverpool market for spots and f atares each day of the week ending Jan. 26, and the daily closing prices of spot cotton, have been as follows. spot. Market, 12:30 P.M Uld.Upl'ds Itld.Orl'ns Sale* Bpec.ijt exp. Saturday Monday. Mod. iuq. freely Steadier. supplied 5«,« 51116 8,000 1,000 Tuesday. Active and firmer. 5'li8 15,00ti 3,000 Wednes. Ihursd'y. Good demand freely met Good dem'md freely met 59.8 5't,8 558 513,8 558 513,a 17.000 6,000 15,000 3,000 15,000 3,000 Jfttturtt. Marke 12:301- 'i Market, 5 p. M. Steady. Ste<ulT. Firm. StroDE. Barely steady. Weak. Dull and easier. Steady. Steady. Dull. Friday. a. 6 66 5 59 563 5 S3 Aug.-Sept. fiH. Open HUfh Low. Clos Open High Low. d. d. d. d. 512 512 516 519 512 513 510 519 5 52 5 55 60 6 on 5 5 67 6 61 6 08 Fri., Jan. 3«. d. Clos. d. 5 39 5 65 July-AuK... 6 69 June-Jialy. 5 51 5 57 5 62 6 56 5 57 5 62 539 5 69 539 513 512 511 511 63 519 519 5 39 6 62 5 53 551 556 5 61 5 02 510 511 641 5 41 611 511 5 47 517 5 40 5 52 510 510 5 41 5 43 516 513 646 6 50 5 50 551 651 5 61 5 58 600 5 63 S«3 5 63 5 62 561 6 51 6 58 5 62 Sept.-Oct... BREADST U F FS. (Br), Lundwall, from Galveston, Jan. 6, for Liverpool, put into Bermuda, Jan. 18, with machinery disabled and in want the latter port on the 24th Clos. . Yard. Olbbrs. bare d. 5 39 639 512 538 512 512 5 39 512 Mar.-Aprll.. 512 511 513 511 5 46 Ap'il-May.. 5 49 516 518 May-June.. 519 5 52 5 49 5 52 5 89 Jan.-Feb ... 588 5 39 Feb.-Mar. Janaary Horace, steamer of coal. d. Jan. Tlinrs., Fkidat. p. M., January 23, 18S3. Flour has sold pretty freely this week, and at one time was very firm in price, owing to an advance in wheat; but latterly some irregularity in the cereal prices for its product have been somewhat weaker. The supply however, is much less burdensome than formerly, and indeed that of some of the winter grades is quite moderate, and it is slated that within a month the production has been somewhat reduced. To-day the market was quiet and lower in some cases. Wheat has been active on speculation at times, owing to a demand from shorts to cover their contracts, and the same has been the case at Chicago; prices, however, have shown no wide fluctuations. The export demand has been in a measure restricted by some advance, but latterly exporters' limits have been increased, and this fact and somewhat easier rates for ocean freight room have caused some increase in the foreign trade. The crop is not being marketed so rapidly as a short time heavy snows and ago, owing to intense cold at the West and consequent obstructions to railroad transportation. Foreign markets have been firm, and the visible supply in the United States has shown some reduction, though it may be added that the heavy snows in the great winter wheat belt of this country have provided a gpod covering for that crop and dispelled fears of harm that were entertai ned in many sections a month ago. Options have latterly been alternately firm and weak, accordina as the shorts have covered their contracts or holders at^ tempted to realize their profits. To-day the market was irregular, cash being firm and options slightly lower ; Ko. 2 red sold at $1 15@1 15):^ for February, $1 17M@1 IVM for March, 19M@1 19% for April and $1 20J^@1 205^ for May. Indian corn has been quiet for export, and, though strong early in the week, cash has within a day or two shown depression. Options have advanced in response to a steady rise in Chicago, where it is stated a large amount of shorts have been settled, the marked decrease in the receipts favoring the attempt to corner that market. The excitement at the West has, moreover, at times been reflected to some extent in the upward course of prices here. Within a few days the Chicago market |1 has shown weakness, however, and prices here have also been more or less depressed, this fact being attributed, not only as regards this market but Chicago, to sales to realize the profits that have lately accrued. To-day the market was irregular, cash being firm and options a fraction lower; No. 2 mixed sold at 63%@m%e. for January, 68Ji@68^c. for March, 68^o. for Jardart THE CHRONICLE. 27, 18e8.J May; 68^c. was bid and April and Q1%c. for Ff brnary. Ryu has been waa aaked (SS%e. for demand and in better and fairly active latterly higher. Barley has been Oats have been declining higher. last few days, the demand showing some falling off; to-day No. 2 mixed sold at 2VA&4SMe. for Febrnary, 4SM9 48Hc. for March and 48is®48>^o. for May. The following are closing quotations: within the FI/iUB. N(/. 2 iitirlnf;...V bbl. $2 40» 3 25 No. 2 wlntor 2 75» 3.'>0 Bupertlne 3 U<)« 3 80 4 25« 5 00 8i»'lii»; wlio»t extra*.. do W > liak<<rM' !>00a 00 5 50 25 UOa 3 4 .'<09 6 3 80* 4 6 00 8 5 759 7 V ry«nili. uilntru't ,'1,'extru. 111(5 PatvDts. winter City Hiilpiilng extras. 6outh«ni bdiers' and 40 00 25 I $5 309 S 7S family branda South'u sklii'g extras. Rye Hour, superttue.. Corn nioal— Westeni, Ac Brandy wine. Ao. 3 609430 3 3 009 759 Baokw'iaour,1001ba< 3 109 3 75 3 00 3 25 & 1 State BpringKo. 2 1 OatsMixed White White No. Com— West, No. 3 1 91 14 U3 1 mixed West. mix. No. 2. White Yellow 9 47 48 No. 2 mixed No. 2 white 73 75 CauiulaNo. 2.... .... 9 9 2.435.324 2.203.131 1,497.005 3.600,686 3.234,041 3,SS'i.99t 6,521, 43S 1,240,688 1.4»2,230 280,130 54,724 470.137 31,427 412.442 120.223 472,534 86,288 TotaUraln.... 11,513,031 6,637,087 8,951,033 11.766,538 ......... Barley Bye Exporl$ Flour. from— 47^ » 9 ... State, 4-rowe(l... State. 2-rowed... » 1882. Buah.60a>t Chicago 56,064 miwaakoe 63,576 206,199 146,863 218,906 107,913 51,500 227,207 900 66,410 The . 05 Toledo 891 Detroit... Cleveland... 8.07W Louis... 31,876 5,181 . 8t. Peoria. .. 1,315 .. Ouluth 03,028 M,597 356,415 168,500 200 178,231 1,065,492 848,702 1,390 25,742 22,061 534,562 615,549 14,977 13,220 11,415 20,490 20 • v-" 118,196 destination of these exports as below, is We add 277.829 88,900 7,867 14,265 21,850 91,260 109,150 166,440 93,960 SS,449 1,111 1,201 9,930 5,400 49,747 21,6*0 12,000 72.667 56,887 37,911 18,007 500 5,500 Com. Wheal. Flour. for toeek to— 1883. Week, Jan. 20. 1882. Week, Jan. 21. Bbts. Bbla. Oth.o'nt's 125,720 10,39b 14,200 19,349 7,178 1,379 Total... 178,231 Ua.Klng. W. Indies Bve. 162.100 1,026,078 1,684,836 554,121 '82 137,9621 2,584,610 1,152.493 '81 148,139 649,458 699,716 1,215,2'.» 513,221 317,197 291,280 264,644 Brit. Col's 1883. Week. Jan. 20. Buih. 614.303 450,118 79.003 061 19.737 13,240 4,475 1882. Week, Jan. 21. Btuh. 446.886 86,177 "i',499 480 1.069 118,196 1,065,492 534,562 1883. Week. Jan. 20. 53,890,378 27,478,167 56,ai4,378 38,865.502 27,375,243 9,838,806 2,645.056 Buth. 728,163 89.451 1,417 5,796 18.410 5,555 Buth. 460,451 135,028 7,410 8,932 5,730 848,792 618,549 6(1,038,631 18,899.897 23,0)0,106 8,869,157 2,876.034 2,616.278 4,139,911 4,4Il,ie-J 65.i60,20t The comparative shipments of same ports from Dec. 25, 1882, to four years, show as follows: 0,195 ,30t and grain from the flour Jan. 30, 1883, inclusive, for 1882-83. 1881-82. 1880-81. 1879-80. Flour bbU. 926,544 518,851 680,096 259,081 Wteat btuh. 1.381.582 1,576.076 3,808,655 1,661,110 2.846,924 1,777,023 638.273 Com 5,493,'J55 Export* since to- Strt. 1, 1882-83. Stpt. Ca«a Barley 2.477.890 873.703 173,389 J.2l>0,470 10.401,799 8,237.735 Bye lOtalKxain .. Below are the 532,748 170,408 199,474 7,172 809 4,751,719 shipments from Western lake and river rail 1882. Wheat.. ,_ Jan. 24. 88,176 255,220 6.M,041 31-1,233 3.59,622 187,759 1,322,603 7-12,992 8'i5,763 36,877 80.840 36.801 427,119 142,715 31,951 14'.>,72« 20'2.245 2.571.809 2,634,632 1.532,536 1,129.930 and lake shipments from same ports for last four gate Barley Sye Total rail Jan. 22. 170,028 1,327.061 090,488 jjsli. Corn..., The Week rfeefc Jan. 21. 127,385 bbta. ifSD. 1881. Week Floor 55,539 18,305 weeks were: Week FInur, enditia— omt. .Ian. 20... 172,2 11 Jan. 13. ..221.419 Jan. 6. ..266,747 Dec. 30. ..263, 161 Com, Wheat, 4U.016 buth. 1.327 .OS I 1.548.011 2.50,078 1.320,0110 393,350 1,299,103 tninti. 324.238 Oafs, bu»h. 60O.488 735,610 491,501 560,291 Barley, btuh. 202.215 243.121 204.330 2'23,90S Rvf. I'HXh 36.877 63.282 31.314 41.006 r«)t.,4w. 926,314 1.381.582 3.495.253 2 ,477,800 873.703 173.460 4Wk» 82..518.851 1,576.076 3.808,6.)3 2.,'200,470 532.148 170,400 The receipts of flonr and grain at the seaboard ports for the week ended Jan. 20, follow: Flour, -*!..Hew York **'* 188,739 58,009 Wheal, *"* Corn, OaU, *"«*• 2«i3.845 219.176 b'uh. Philadelphia... 6,734 16,395 357.252 79,623 33.180 lO.UOO 95,200 Baltimore Orleans... 226,000 2,800 eoO 238.500 50,1.5O 19,.-.28 2H7,.Sti7 246..-)60 23,500 4,884 35,680 130.0'J9 '2,940 5««t<>n-. gprUand ontrea) C50 New Total week... 20 :, 939 Oor. week '82.. 152,239 Un. KlDirdom CoDtlnent 8.* C.Am... 880,513 1,137.314 830,643 490,240 78,3'.!5 Sarlry, btuh. biuh. 28,076 7,125 14,228 3,300 19,500 4.0c lOp'sni 68,.101 477,503 195,770 to Sept. 1 (0 Jan. 20. Sspt.lto Jan. 23. Sept. I to 21. Stpt. 1 to Jan. 21. Busk. Bush. Busfl. Buth. 1 Bbli. 1,22T,958 314,249 Brit. Col'nies 412,836 290,449 78,836 280,746 257,416 248.656 0th. countr's 17,042 17,604 4,159.337 2.106,^10 West 310.W3 Indies. Total.. visible 21,580,017 17,502,066 87,428 28,325 7,806 194,014 18,130.807 6,064,163 3,380 O ]g,:2'? 9,097 86,587 168,411 «6,08& 21. 13Ji98,20S 2,807,44? 216,300 833318 200,868 42.867 08,840 31,367 39 399,665 .i4,406,932 6,247,149 16,664,964 supply of grain, comprising the stocks in granar/ and seaboard at the principal points of accumulation at lake ports, and in transit by rail and water, Jan. 20, 1883, was as follows: WMat, In tlore at— buith. New York Do. afloat (est.) Buffalo '• Oalt, btuh. Barley, htith. 1,164,038 78,000 75,800 29,795 B.412,755 2,853,432 1,537,004 173,000 584 2,271 920,180 103.000 32,109 „ afloat UUwankee Dnluth roledo. Detroit 516,3V5 53,948 70,000 595,830 170,000 887,761 1,007.635 117,413 210,646 249,22 i 244.434 10,000 633,887 288.011 10.715 228,689 232.260 80,600 210.824 268..*96 1,026,731 331,206 Oswego Louis Boston Toronto Montreal Phlladolpbta Peoria Indian .spoils 8t, Kansas City Baltimore Down Mississippi. On rail Jon. Jan. Jan. Dec. Dec. Jan. 284,000 1,021,399 1.080,599 1,018,435 72,386 21,169 2.200 55,316 149.835 2,158 63,305 208.401 210,'290 237,441 10,133 4,300 21. '8-'. 5,232 18, .5.33 905 730,000 80.000 40.818 1,110 6.033 6,218 S'9,902 24,01 3 178.255 28,472 134321 6,663 28,700 17,597 2,230 73.404 14,000 21,120 2,102,012 1,058,293 323,8C6 68.518 9.573,707 4,410,625 2,792,300 9,42-',510 4.471.821 2,946.491 21,315,550 9.229.144 4.425.598 3,004.030 21.048.017 9,101.137 4.423,379 3 010 0.11 20.614.537 8.233.401 3.262,883 3,021.416 17.321,395 16,9.^4,628 2,976,039 2,599,102 1.494,001 1,340.239 1,511,978 1.170,085 1,307.170 1,333,733 10,000 519,740 20, '93. 21,770,312 13. '83. 21.338.769 6, '83. SO, '82. 23. '82. oitrA. 229,074 280.000 44,000 38,429 80,000 433,077 72,420 232,000 1 80,000 392,895 afloat Ohlcago Tot. Tot. Tot. Tol. Tot. Tot. Com, buth. n,6D5,757 201.000 20.000 1,008.525 THE DRY GOODS TRADE. The dry goods market has presented a If., January 26, 1883. fairly active appear- owing to the presence of a great man/ wholesale buyers from the South, West and Southwest, and the volume of busine-ss was fairly satisfactory, if not quite up to expectations. There was a continnons improvement in the ,anee the past week, i'.obo Jan. 5,363.870 518,439 18,824 Fkidat. p. l,'.iOO l..:00 Jan. 20. 1881-88. 1881-82. 2314,718 . . Albany ports for f jur years: Sfpt. 1 to Oirn. 1882-83. 1881-82. BbU. The 791.876 2,667.534 006,831 245,317 123,161 904 season and last season. Jan. 5,099,806 1882. Week, Jan. 21. By adding this week's movement to our previous totals we have the following statement of exports since September 1, this BlnoeAng.l— 1888 1881 1880 the Exporlt WTuat. Tot. wk. "83 Same wk. Same wk. 1,571 75 corresponding period of last year for comparison: 85 BlMlkSSOu Bluf>.48Uia Bu«^.56l^< 30,780 187,277 33,180 410.056 107,037 .. S.&C.Am Amua 87.512 320.713 101,163 Wk. Cootln'nt Bartty. Ontt. 5,006 13,310 404 1,095 Buth. 8'mo time The movement of breadstnifs to market is indicated in the statements below, prepared by ns from the figares of the Now York Prodnce Exchange. We tirst give the reeeipts at Western Lake and Kiver ports, arranged so as to present the comparative movement for the week ending Jan. 20 and since Ang. 1 for each of the last three years: BtctipU at— Feat. 141,984 17,433 100 N.Orl'na ICO • 103 9105 « 9 Rye. Btuh. 25,742 Biuh. 262,038 35,522 ISiiltiin're Total OaU. Btuh. Buth. 437,100 «3,S04 35, ISO Phtladel.. 40 48 05 03 84 .. Corn. Wheal. BbU. Portland Moutroal, 73 7U 9 53 43 BarleyCanada No. 1.... Canada bright... 87 Buckwheat Canada.. 68^9 70 68 9 72 (ii» 9 « « 72 75 WUlte U-'f, 4.110,555 5,371.165 1,727,398 Boston, Bprln«. per bash. Red winter Red winter, bash. ffbeat Oom.... Oato New York 1 Rye— Wostem 00 9125 05 «1 10 U5 91 19 1 151BB1 17 05 91 20 nma The total reoeipla at the ports for the period from Dec. 30, 1883, tu Jan. 30, 1888. eompare as r9llow« for foar years: 1882-83. 1881-82. 18A0-81. 1870 80. Flour bbll. 1,264,708 747.909 090,387 828 199 The exports from the several seaboard porta for week ending SRO»700 Jan, 20, 1883, are shown in the annexed statement: 4 6U9 5 60 QRAtlT. Wheat- 117 THE CHRONICLE. 118 fabrics for dress goods, ginghams, prints, and other adapted to the coming season, but operations in staple cotton woolen goods were mostly of a hand-to-mouth character, demand »nd and only moderate in the aggregate. The jobbing trade ruled quiet, but a fair package business in domestics, prints, hosiery, &«., was done by a few of the principal jobbers. Domestic Otton Goods.—The exports of domestics for the week were 1,504 packages, including 597 to Great Britain, 324 to Chili, 150 to Hayti, 106 to Santo Domingo and minor shipments to other markets. There was a moderate demand for !plain and colored cottons, with most relative activity in the ibest corporation makes, and prices remain steady on such goods as govern the market. Low grade bleached and colored cottons better qualities. For cottonades there was an improved demand, resulting in a fair business, and there was a steady movement in white goods and Print cloths were more active and fractionally dearer, .qnilts. closing at 3 ll-16c., cash, for 64x64s and 3 3-16c. for 56x603. Prints have shown more animation in first hands and there was .« good business in ginghams, which have been opened at about are, however, less firm than the also the receipts from Jan. responding period wheat AVTieat Rye Com Oats Barley Peas Cotton Cotton seed Flax seed Grass seed Hides Hides hands, 464 6,552 2,276 Vble. bbls. Ijush. 199,590 713 379,924 549,755 5,543 1,364,322 18,8^6 1,054,238 4,453 1,316,752 13,961 bush. 4,7,28 busli. 323,292 291,816 06,462 8,604 26,176 648 2,130 15,414 4.270 bales. bbls. bags. bats. No. bales. bales. sides. piKS. steady at current quotations. The importations of 25, 1883, dry goods at this port for the week since January 1, and the same facts and for the corresponding periods of 1882. are as follows: —^ -- Sugar Sugar TuUow Tobacco Tobacco Whiskey K CM; 1,021 boxes & cases. 810,612 227,862 20,414 106,802 3,301 12,388 38,117 11,124 4,613 1,S32 275,903 366,831 769,314 314,270 31,718 133,690 1,527 62,870 24,503 10,988 3,905 159 52,505 8,382 175,741 36,725 7,517 218,336 40,335 3,919 17,963 13,576 127 21 3,360 16.872 1,542 1,126 6,048 3,810 11,171 214 40 880 440 7,875 100 22,135 387 598 1,195 4,802 5,760 5,323 1,127 32,458 20,696 21,326 5,896 12,654 14,745 3,930 5,169 18,273 3,159 87,188 67.398 24,814 3,611 95,584 57,774 101,295 17.667 49,070 29,930 13,263 4,430 5,243 1.030 .=)7,404 16.202 :<3,738 27,680 9,510 10,051 12.232 381 1,011 710 3,112 2,773 5,955 3,584 11,791 1,885 227 bbls. hhds. pkgs. Wool Importatlun* of Dry Goods. ending Jan. pkgs. Steariue last year. 1,178 — first Same time iJbls. ifc white goods, hosiery, gloves, embroideries, &c.) at 1, 404 bush. bush. bush. oil Since Jan. 1883. 92 Ashes Beans Com meal cor- bbls. Breadstuffs— Flour, and for the : Jan. 23. •ness in J>nt buyers are operating with a good deal of caution, and buying sparingly as a rule. Staple goods are for the most part 1883, to that day, 1, 1882 Week ending Leather — of Woolen Goods. There has been rather more busi- Load hhds. heavy woolens for next fall, fair sales of overcoatings, Molasses bbls. Molasses chincbillas and heavy satinets having befen made to the cloth- Naval Stores bbls. Tiu-pentine, crude ing trade. Heavy cassimeres have not yet been opened by Turpeutiue, spirits... bbls bbls. Rosm agents, save in exceptional cases, and transactions in these bbls. Tar bbls. Pitch goods were therefore limited in amount. Spring cassimeres and pkes, Oil cake worsttds ruled quiet with agents, and the jobbing tiade was Oil, lard bbls. galls only moderate. Cloakings have met with some attention, and Oil, whale bush. Peauuts Kentucky delivery. — were future few good orders placed for a Provisions pkgs. Pork Jeans and doeskins were veryquittas a rule, and prices are low pkgs, Beef pkgs. Cutnicats and unsatisfactory. Soft-wool dress fabrics were opened in pkgs, Butter spring colors by agents, and good pales were reported in leadpkgs. Cheese bids. Eggs ing makes. Worsted dress goods were more active, and there bbls. Lard tCB. w«8 a moderate business in carpets, at steady prices. kegs. Lai'd No. Hogs, dressed FoKJims Dhy Goods. There was rather more inquiry for pkgs. Rice slabs. ^Ikfi, dres-s goods and staple imported fabrics (such as linens, Spelter IDoMESiic XXXM. Receipts of Leadlns Articles ot Domestic Produce. The following table, based upon daily reports made to the New York Produce Exchange, shows the receipts of leading articles of domestic produce in New York for the week ending with Tuesday last (corresponding with the week for exports) Hops last year's closing prices. [Vol. 1,168 2,658 hhds. 530 bbls. bales. 5,513 9,9 2 37,032 1«3 398 4,121 6,436 1,343 14,828 4,163 Exports ot Leadlns Articles of Domestic Produce. The following table, based upon Custom House returns, shows the exports from New York of all leading articles of domestic produce for the week ending with Tuesday last; also the expo i ta from the 1st of January, 1883, to that day, and for the corresponding period of 18S2 *£.& : g: Week ending Jan. 23. Ashes, pots Ashes, pearls I »-* c» M l-» ^. ^#e^i CO c^o* c: c: 0-0.?^ 4. UitwwCJCO xu O'co Beeswax c/~ I Ct 00 -OC ^ P on yt to *• CC2 I-" --) a at rf*. C. O' 10 M c: CC O - W-1 r:«ooc.^ ^OCMtO 1- ai a. ic ooVicolul-i UtOtCOli •'.1 u-. *c -c .- -ii3'Co:co c e> - tC tz b- CD a; 00 ro <j CO :-: ijo to JO V< Otto QC to*tfi. O; »- Cn ;£. I— >-' CO g- tc to V Iw QL GL tx>'<T. CC C' , I li c;* X "^r^-cci* O CO CO ^ CD ts Cl en -J' 'eccccc*— CO KtCOOi o- 0: 0. vtu «^ OR i^k. tc :s -I O to bush. cocj: Bosiu Tar cscj'Gd ^tO^tOt-t V y CltCOCOM -vi to to CO <l CO f ^f J) »7. O* tC C CO tCi^. C r- U -^ lOM .'^i.'-P •4 l-ttOllOOO* ab'aos'-g M K> e octsbcjos ^ -J-iyicoto _»' 10 o <» to o s u: x*-xco»- QttD©*.|0 coxh'Cnco CO JO COO to*.ooDC;i h-Clrf^iCGD QDCO ?'* CO *. to rf- M C: M H* -J ^1 :j. Sperm Lard Provisious Pork Beef Beet Cutnicats Butter Cheese l«rd Rice <3i»C «CM I ^4 tot* 00 (0^1 ttro^JiiW c; O CJ •-• O' (O =^ MbOIOM (r.bV*:o3i TaUow OCto-^Ci* 1 o'ctVjxw § iiJ W-IW»CO Tobacco, leaf IX bbls. bbls. bbls. bbls. bbls. gals. gals. gals. gals. gals. Linseed Petroleum 5* pkgs. bales. bales. Wlinle £^ &l tous. bales. cwt. 00 r- f bush. bush. bush. pkgs. cake Oils— Oil ^"^ (Ttt ccxx — Oi Pitch X 542,278 25,742 883 10 1,586 317,585 6,119 1,296.592 38.122 3,481 bush Spirits turpeutiue orotic H* 0' 10 CO 10 -^ — c- CiMt. -<J-JXCOU c ou ^^n 431,552 498 1,402 bush. Naval Stores Cradc turpentine •^ w':dViqo ^) o:*» 3 cite — Oi *- 115,859 20 Wheat Hoiis MJOMM Mit-oiacn #^ ^ O. IC W Same time last year. 25 400 bbls. bbls. bbls. Oiits Hay r- *» 91 6 lbs. R.yc Barley Peas Corn Caudles Coal Cotton Domestics --l -.0 K>IO ca, Flour, wheat Flour, rye Com meal tOIC-I-lCi tU Oc rf- "- v« w- c: H- yi rf* r: s <rcwCVi£io M — MIO 20 1 Breadstuffs— :;t Oi H- ,_ CO cs ;d bbls. bbls. Since Jan. 1883. bbls. bbls. tierces. lbs. lbs. lbs. lbs. 11,091 1,504 1,319 55 1,306,923 50,717 8,602 40 5,151 1,192,901 2,977 1,844 41.617 8,125 3,477 194 6,811 536,015 949 2,685 32,298 8,736 5,711 2,947 408 993 10 789 3,583 5,843 7,066 162 41 413 291 882 591 36,281 94,895 212,555 6,540 12,083 16,768 25,326 2,803 18,365,300 35,733 30,601 3,545 14,881,224 16,699 2.621 3,2H0 30,978,685 400,181 2,071.098 11,121,600 16,923 2,144 5,245 33,502,482 857,584 4,381,378 16,986,373 190 ^614 7,03t,861 4,903 686 1,244 8,817,899 150,747 498,085 3,293,044 bbls. 380 985 721 lbs. 466,373 2,314 306 83,766 1,097,336 1,626,088 1,663 1,968 hhds. Tobacco bales and oases. Tobacco,manufactured. lbs. Wlialeboue 792 912 219.812 161 8.183 lbs. 5.<I09 2.382 296.707 15,906 262.167 19,083 Jakoauy 'IHt CHKOxNlCLK 27,!188S.J FtHan«lMl. Fliianolai. The Brooklyn Trust Co. MddUcuo t, Clinton Cor. u( Ttal>('uniiMnr moi ^i" r.'< ila., river, trustee, mutrtUiui, executor, or M- iwicnt In tho sale or management of rullnct Interest or dlTldendi, reoelTO riuisfer books, or make purouuse and iiiitent and Other securities. MKt >'liiiritable Institutions, and persons '1 to tbe transaction of business, will otiiiMuiy asafeand convenient dopottltorjr lut I t I (^< n thi-4 nii'i ( K. MARVIN, TRUSTKB8: CUA8. for munejr. .I.,hi, !• ii.iir.-. V -ii, ,<int, I' A iiie, lit' iirv MiMuer, Vli-e-Presldent. H. MALB, Secretary. Bankers' Safe Deposit Co VXITED BASK BVILDIXO, Cor. Wall Street and Broadway. s aT'e WAIil. HTREKT. NEW YORK. TRANSACT a ORMBKAL BANKING business. DEPOSITS INTBUBST received and allowed on balances. Buy and sell RAILHOAH OOVBRNMHNT, MUNICIPAL and TUB We Metropolitan Trust Co., IT Naasan St., New York. PAID VP CAPITAL, $1, 000.000. Desiiriiuted as a le^al I'eposltory by onier of Supreme Court. Kecelvo dopoylts of iiioncy on interest. act as Hscal or transfer a«ent, or trustee for corporations and accept and execute any letral trusts from persons or corponitlons on us favorable terms as other similar companlua. THO.MAS lULLIIOnSK, FUBDEllIC D. TAPPEN. WALTER WUIIam St. ic Exchange Place, NEW YORK 308 inONTAGCE Bonds of Suretyship. CAS SECURITIES, NSW DEALT Member N. IN The Guarantee IN. new york No. 178 office: BROADWAY. FINANCE COMP'Y, 31 S. TUmu ST., NEW YOKK, ST., PlllL.VOELPlllA, & St. Louis Ists. Mexican Com WILL CONDUCT THE KIMANCIAL RK-ORof Railroad Companies and other Corporations whose property is in the hands of Aecelvers or Trustees. WILL BUY AND SELUN VESTMENT SECDBITIBS on Commission. WILL BUY OH SELL DMPAULTBD BONDS or eonvert them Into Interest-puyinK lovestiueuts. Circulars and other information furoiabed on application. President. sec'y & Co.^ rKW.%K MTKEB'r, H-l and No. sell Oovemment Bonds and Investment i tles^ 21 NASSAU STREET, JOU.VPuKUni. DIALZB IN GAS STOCKS. Telegraph and Cable blocks. TRUST COS.' STOCKS. Bank and Treaa, KDUAKD MXBTKNS. Pondir stocks. Bunds & & Ortlers Atro. !«»• Co., Investment SecnritiM^ UO EXfllANOE PLACE, NEW YOKK. executed on the London and Frnropeaa- markets. Misccllaneoai. Insurance Stocks. Stocks. Investment Bonds. RAILROAD BONDS, FIRST-CLASS TOBEY &, DanTalmage's Sons & Ca MILLiERS, RICE, KIRK, BROAD STREET, NEW YORK. DEPAUI.TED SECURITIES STOCKS full market and rates, when dealred. BONDS FACTORS AND COMMISSION MERCHANTS Ut No. 4 SANIZATION SHORT, WATSON, qnutatlona of City KMllroads ia this pupvr. (Corlies) Bonds. taken in payment at conducted Gonntles. Towns and Cities, and for Batlroad penlea and other Corporations. O. BONOS BANKERS, PAYINU to Corporate and Private Investors. CAPITAL KUKNISUED Ott PUOCUUED for BallroaU Companies huvin;/ linos under construction, and their Bonds purenuaed or ncKOtiated. WJtt. P, r^oe Je L-01,D> Gilman, Son & Northern 1-ndlana Ists. 5 Per Cent to 7 Per Cent 91,000,000 PUS AlfSUU 0.V AMOUNT lyVKSTED, FOR SALE BY BOUND INVESTMENT SECUKITIKS furnished JOHN iltC'.'lDWAkL SOKJilT ANIJ Cincinnati Hamilton & Dayton Bonds. Central American Transit Stock. ... FINANCIAL NEGOTIATIONS L. Grant, llj CITV KAlLKUlU jtiUCHS NASSAU STREET. 17 rOaTL.AN0 UL.UUK, CUICAUO. Cupltttl Stock, H. CITY RAIL,1YAY STOCKS AMERICAN NASSAU Southern Seccrities a SPKctAur. In addition to a General Banking Biwlnesa.kair N«w York Dikkctoks.—Joseph W. Orexel, A. L. Uopkiua, U. Victor ^iea-comb, John Paton, iJauiel Torranoe. Edw. F. Wlnalow, Emstus Wlman. Transacts no other business.; J A: » Co., STREET, NEAV YORK^ DEALERS IN AXL KINDS OF V. Stock Exchantre. Edwauu Uawunqs. Alex. t. galt. & CVtaWt^ Albert E. Hachfield, 200,000 Deposit with Insurance Department President: Munaelng Director: Sib. Simon Borg CtkvuE. Stapuu. tSOO.OOO 375,000 . T. H. Y. Stock Exek. F. MkJtD, Railroad and lurcstment Secaritica. OF NORTH AMKRICA. Cash Capital Cash Asseuover I. Member N. No, Joliet Co. on oomralsslun for Investment or «o securities deiUt in at the New York StMlL sell Exchange. It. K. LIIAB. 8EK GAS QUOTATIONS IN THIS PAPER. aso. H. Prentiss, West Twaato' Office with Private Wire at 28 Third Street. BROOKLYN SECURITIES Indianapolis POSITIONS OF TRUST. Mead & Co., No. 8 1VAI.I. kinds OP ALI. Bonds and Investment Securities oi Siii-etysliip W^ A N T E D: FOB OFFICERS AND EMPLOYEES , BROADWAY, NEW YORK. 80 Railroad Stocks and Bonds, AND Uoll, A. S. Barnes. S. B. Lhlttenden, U. A. Uurlbut, W. U. Low. LiaTid Uows. J. 1). Verwllye, Alex. Wm. M. Uichards. Bonds Bon4te. Cli>- Ao«, NEW STHEE V*, 1 F. Buy and Airo Street JIOO.OOO 00 itto.OUO 00 Ci«ltal Invested In U. S. Bonds On deposit with Insurance Department.. lOO.UOO 00 Ofbclals of liunka, ilailroads and Transportation Companies, Manutcers, secretaries and Clerks Of Publio Companies, Institutions and Commercial Arms, can obtain security from this Company, at moderate cburves. '^he bonds of tbis Company are accepted by the eonrts of the State of New ) ork. Full Information as to details, rates, Ac, can be obtained on application to head olhce, ITU Broadway. N. Y. W«. M. KICIIAKD8, Prest. John M. Crank, Seo'y. H. Bi.ACK and W. Hakvky Lie, Inspectors. DiHxeruUrt— tieoriie T. Hope.G. O. Williams, Geo. S.Coe, Charles Dennis, J. ». T. Stranuban, A. B. Mitcbell, 1. maiiKin, all YORK. Jr., NEW TOKK. Branch OAS STOCKS OF Uae Mocka, BBOOKLYN. ST., BDBGI.AR AND FIRE PROOF. FIDELITY & CASUALTY CO. Railr bTOCK BROKERS. Coder tbe National Book «f the State of New York. AlMU ItrooUlyn Sccurlllc*, J State Safe Deposit Vault, Cor. CHOICE N. T. Beers, Staples, WALI. STREET, No. 11 line of bonds ou deelrable teraa t» buyers and Investors. \u. & Prentiss a large ofl«r PER CENT SIX Prcalder.. Vice- •resident Secretary. BRITTlN, J. IN New V«rk. No. 98 Broadway, OKO. H. HOLT Co., INVESTMENT BONDV^ Bonds. O.K. TAINTOR. s DEPOSIT YOVR SECURITIES & Beasley BANKBBS AND DBALKB8 No. 10 or MOST APPROVBD CONSTRUCTION FOB Bankers, Brokers, Merchants, &e. IN W. A. Private telegrapb wires to Providence and Boston Cbaa.K. Marvin. Henry K.SIicUlon, Ihui'l Chaunoey. Jtihn T. .Martin, JoslahU. 1a)W, Kdm'd W. Curlles Alex. McCue, Fred. Cromwell. A. A. Low, WM. Holt, BANKERS, snUionaed bTipadal ebwter to !• & Taintor UrooklTn, N. Y. Flnwictal. 96 WTall Street, New York, 14 East Bay, CbarleatOBy^ 108 Bay Street, Savaunali, 41 St 43 NortblFctcra St., New Orl< lO, 12 6c At Auction. The Undersigned hold SALES REGULAR AUCTION ot all classes of STOCKS AND BONDS WEDNB8DATS AND 8ATOBDATB. Ko. 7 mONROB, LOinSIANA, Counsellor, ON ADRIAN a. nUIXER W. W. Farmer, Ac SON riNB IBXKEKX, N£W YORK. Solicitor and Attorn^jr.,. Practires In tho District Circuit and 8up<«iaa of the United States and of the State, in all rlinwrs of oases. Has no other buslneas, and davuisa his penonol utenUon and aU bis Uma mkttwsin (• UeXen to Bank of Meona. Ills prolsaslon. Conru THE CHRONKILE. fii ESTABLISHED THOS A VTSE. A THO.S. ST., No. C. C. T. Stock Excluinge. & Vysse, Sons Coleman Benedict & Co. NEW YOKIC, No. 21 BEOAD STOCKS AND BONDS, BHOOS YrSE. JR. V yskT Jlember N. W'. E. D. 1864. GEO. H. Smith, , v^i^'^'^SJ^nS^F^h' N.Y. Stock t-xcn Alkxanber brows, Mcmb. No. 38 PINE STREET, NEW YORK. Henry Bar and Office, 320 Broadway. Memt>er8 of the N. Y. Stock I i'KAKK F. DiCKUaoK, ! and Mining Stock Excb'ges. Brancb ^ BANKERS, 5S Broadway, cor. Exclinnge Place. N. Y Branch Office, ViH I.a Salle St., Cliicngo. TRANSACT A GENERAL BANKING BUSINESS. INCLUDING THM i'UROHASB AND SALE OF STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SELL INVESTMENT SECURITIES. INTKRICST ALLOWED ON DEPOSITS mailed od application. SUBJECT TO CHECK AT SIGHT. P. O. Box 447. C. W. McLkllan, D. A. BooDT, Reuben Leland. H. H. BUNSEI.I,, Y. Stock Exchange. Member N. & Co* Scranton, & Earl Dayton, DREXEL BUILDING, Nen^ York. STOCKS ANV> BONDS BOUGHT AND SOLD STRICTLY ON COMMISSION &!• TO 89 Geo. K. ir NAS.SAU ST., p'iNe §T. STOCK EXCHANGB, for cash or on mar. New York Stock )»t«reat all<7wed on daily balances. AM Ceposits snbjeot to eheck at sight, j^fi^tanlar attention to orders by mall or tele >8ra»h. "^^^ BANKRR8 & 06 BROADWAY ««*t-Cla«, • NEW YORK a-r^..!- ERTS. BANKERS & Tol. RR. 1st & 2d 7s.|C. Rap. lu.F.S N. W.lst 7s. Col.& Hock.RR. Ist&2d7s. C.Ham.&D.RR.Con.6s&7s. Ohio & West Va. Ist 73. Milwaukee City Water 7s. Jefl. Mad.& Ind.lst & 2d 7s.|cincln'tl City 6s,7847 3.10s On. Ind. St. L. 4 Chic. HR. Ist Con. 68. Col. OTllU Building, Wall & Broad St«.,N. Y. B. H. Denslow, Member N. Y. Stock Exchange. h. h. Herts. P. . O. BOX 8. H. Nichols. 1580. '-OANS To UNITED BANK B V I D I N G I. COUNTY Wall -obRITIKS STOCKS, Street, 18 Court 8t, NKaoriATKn^'*- BONDS Corner Broadway. it COMUBROIAL ^^i,^be'Jl.?Y=.-stock Exch. , PAPEIt. ^«- ^- *^'"'"^'''- 9,A8 Member N.Y. Stock Exoh. & Co., BANKERS AND BROKERS, BROAD STREET, NEIXT YORK. Stocks and bonds bought and sold on commission. Interest allowed on deposits subject to sight draft. Letters of inquiry cheerfully answered. Cahoone No. 3 New Street & & Wescott, No. 82 Broadiray, OOVERNMEKT BOKDS, STOCKS AND INVESTMENT SECURITIEa. TIME I.OANS NEGOTIATED. Wm. Stephen Caboone, Jr.. Member N. Y. titoo3i Exchange. P. Wescott. & Co., No. 7 Wall Street. RaUroad, Mining, and other Stocks, Bonds, et<v, bought and sold on Commission. B. A. MAUKIAC, Member N. Y. Stock Exchange. SYDNEY BISHOP. John B. M. M. HOWLAND. Manning, BANKER AND BROKER. Investors. 81 Pine IB nil«cella> DVKB Pearl, Pearl. B. and Secarltlea. bankers and BROKERS. Stocks and bonds bought and sold on commission at Stock Bichango. Advances made on business paper and other securities. BROOKLYN AND NEW YORK SECPRIXIKS. FRANKS. BEERS,! citt bonds. BROOKLYN. neon* E. A. Mauriac New York 1^. NEW YORK. Co., Secnrltle.. "ITY. Go-rerninent, Rallirar Pearl ^ASTON & McKean, STREET, BUY AND SELL-ON COMMISSION ENSLOW, BANKERS, MISCKtliSpJ^,^. STREET, W. C. McKean Member of N.Y. Stock Exch'ca. & Lloyd No. 34 WAI.I. W. BKOKKR8. ^^^"^ lf<»KK, iSvcMmeJ* OOVKBBMKNT DONDR itAILROAlfl WALL Joseph P. Llotd. r^euu^ORK; WANTED BY D. A. Easton. R. A. Lv^ncastcr and sold for cash or on Geo. H. Whipple, or all reputable Securities lNV£STitIENTS. gln.aU. seonrities dealt in at the - bought and sold In the OPEN MARKET. LOANS and COMMERCIAL PAPER negotiated. Interest paid on DEPOSITS, subject to check. IN Buy and Sell on Commission, N. Y. Stock Exch. margin. Purchase and sell on Commission GOVERNMENT and RAILROAD BONDS and STOCKS, and all NEW YORK, DEALEKS FIRSX-CX.4S8 25 Sons, Sistare's Member Stocks, Bonds, &c., bought EDISON, BRUSH, UNITED STATES, FULLER STOCKS FOR SALE. classes of Securities dealt in at the BANKERS AND BROKERS, Commission Stocli Broliers, BROAD STREET, NEW YORK. John S. Jahe«!, Wabbkn T. James. No. 16 ELECTRIC laOHT STOCKS. NEW WM. M. EAHL, a. H. DAYTON. G«0. H. STATNBB Uember N.Y. Stock Exch. Special. Co., NEW YORK. AND It & James S. No. 50 BROADWAY, NEW YORK, 218 CHAPEL ST., HAVEN. Bonds and Stocks bought and sold on Commission. Particular attention paid to Investment Securities. E18 Wierum, 50 EXCHANGE PLACE, Brokers in Railroad Stoclis and Bonds, aOVEBKHBNTS 4 FORBIQi, EXCBAXQE. Chas. K. Randall, Otto C. Wiibuu Member N. Y. Stock Exchange. Jr. BANKERS AND BROKERS, No. 64 & Randall John SECURITIES. Have constAntlT on bund and for sale Bunnell Hill. Co., WESTERN CITY AND FARM MORTGAGES, Bearing 7 to 8 per cent Interest. WESTERN MUNICIFAI.. BONDS. full particulars W. C. Btabk No. 33 Nassan Street Nevr Tork, TRANSACT A GENERAL BANKING BUSINESS AND BUY AND SKI/L INVESTMENT W. SCBASTOX. Investment Secnrttles. P. O. BOX 2,ftl7. Wavland trask. H. J. Morse. Sell A. M. Kidder. BANKERS, C. on commission, or carry on margin, all New York Stock Exchange. A. J. Bixby Member N. Y. Stock Exchange. sell Wm. Pollock, Transact a General Banking Business, Including the purchase and sale of STOCKS and BONDS for cash or on margin. Jos. C. Waix;ott, nrculars with Bay and securities dealt In at the New^ York, Buy and and Chicago Stock Exchanges. & Bixby, NASSAU STREET. NEW YORK. 85 CaJ Co. BANKERS, 18 WTAIiL STREET, No. Sell on Commission, for casli or on margizi, all Securities dealt In at the New York, FhUadelpbla, Boston George Stark Warfield, & Pollock No, 3 Pine Street, Neiv Xork. f. & Bros. BANKERS AND BROKERS. Walcott & Co., J. C. BANKERS AND BROKERS John Whitely, and sold on Commission. Private Telegruph Wires toPhlladelpbla, Wllralngton, Baltimore, Wastaingtoa, Boston, Bridgeport and New Haven. Railroad Securities a Specialty. Intimate knowIedKe of all for past fifteen years. Information cheerfully (riven. Investors or dealers wlsblnK to buy or sell are invited to communlcata All stocks dealt in at New York Stock ExchanKe cat^ rled on margins. Gkoboz Stark. & 64 BROABirAir, NEW ¥ORK. (Brancli OlUce, ISO Fifth Ave.) AH "classes of Railway and Mining Stocks bought 52 BROADWAY. Charlis Sktcn Henbt. DOUGLAS Henry. Member N.Y. Stock Ex. Vs'.aber N.Y. Min. Stock KxDaniel Warfield. BouoHT AND Sold o» Commission. BROAD STREET, NEW YORK. Transact a General Bunking Business; R. BROKERS IN STOCKS AND BOND8, UNLDSTED Btf CCRITIES AND MINING STOCKS, GoTernment Securities, Stoclts & Bonds STOCK AND BOND BROKER, 20 C. Prince WM.HARMAN BROWN. eorrwpondents. UARRY fio. Stewart Brown's Sons. sale of or for investment. Complete Financial Report Issued weekly to our WHITELY, II. CRtTQER OAKLEY Logan, Maynard C. Eyre. Tratebs, Special Partner. D. PRINCE. JAS Broun, BANKERS AND BROKERS, 3 WALL STREET, NEW YORK posiiB subject to checli at sight pnrchuc and J. W. hougBt Stocks. Bon-IB and Government Securities and sold on commission. Interest allowed on de- MEMBERS OF TMB N. T STOCK EXCHANGB boilnwi conducted In the A ttrlotlT commlMlon 8tock» and Bonds on Margin Fred. Financial. Financial. Financial. XXXVI. [Vol. 8T .l*:i'"MuAdi^ N«W YOBt i .s^fiCKa No. 6 Wall Street, ' J ;:«s_ WALL STREET, ^D BKOKBBS, UCMH. FU City, A 8PECLALTV. State. Municipal and liallway itonds and Coupons bought and sold at best market rates. Investors or dealers wishing to buy or sell are Invited to communl calo wltii as. Member of the *efet to New York SOUTHERN SECURITIES New York StocK Sxchanse. 1 LOi/J THE UHKUMOLK ST. 1888 J [Eead-y DPelDX'-u.ax^y lOJ THE FINANCIAL REVIEW (ANNUAL,) X A 83 8, . Year Book of Financial Information FOR BANKERS, STOCK BROKERS, MERCHANTS, INVESTORS. CONTENTS; Investments and Specniation- Retroupcct of 1883. mercantile Failures. Banliliig and Financial- Compound in a Series of Years. United Sta'es—National Bank Fijfares and Carrency MoTemeots. — Foreiffn Commerce, Trade United States and Imports of Leading of Year, Bank Retnms, Balance, U. S. Ei- London Articles. and Prices of &c. State Debts and SecuritiesLoans and Commercial Paper Call State Debts and Immunity from Prosecation. Priees of State Securities, 1860-1882. iiilTer— Foreign ExchangeMarket and Prices in New Market, 1878-1882. York, 1870-1883. bound in «»i sent ,0f ,C :.:u IH Chronicle.......... b^- Hail... ~... tvilliam: b. joaiva '.i. «»taalnV ,' ,(. A wr .aaflllJ , . ,. nolifioHiii' i )^„^ T9 . j, i\' , I Sc co., PUBLISHERS, J I §3 90 •• »...„ J, ' Railroad Baminga. The New York Stock Prices of Railroad Stocks, 1878-1882. Cloth Subscribers of the Commercial A, Financial when > Prices of Railroad Bonds. 1878-1882. Price of the Revlctr Postage, Railroad and their Securities— Railroad Statistics of the United States. United States and abroad. ' Prices of United States Bonds, 1860-1882. Production, Exports and Imports of Qold and Silter in the To York. Debt of the United States. since 1875. Gold and Stock Specnhition iil^ United States Debt and Securities- — Review The Money MarketInfluences, Table Showing the Rate Per Cent out regard to Date of Maturity). New Commercial- Showing Accumulations of Money Realized on Securities Purchased at Different Prices (with- New York City —Bank Retarns, &«. London—Money Market and Bank Returns. portt Interest Table, 1, ^ ^i WUlUm Street, New T«rfc, 14 THE CHRONICLE. Financial. Wm. And Commercial Cards. & Fisher BANKERS, and luveatment Opfositx Sscohd St Pnblications. " Its Value Increases Erery Tear." Sons, Dealers In GoTernments, .Stocks The Milwaukee Churchman, N. Disaster Securities, BALTimoRE, (.lliidHlone, .Ins. A. Froude, Prol. Huxley, 11. A. Proctor Edwiii'd A. Frccmun, Prol. Tyndnll, I>r. VV. B. C'nrpen- ran,, ter, bad with all commercial points in the country. Especial attention fclven to purchase and sate of Virginia Consols, Ten-forties, Deferred and all Issues of the State, and to all classes of Southern State, City and Hallway Seeurltles. Correspondence so- & HERRING'S Smilh, ol Argyll, Mm. BIncU, Miss Thnckerny, Mrs. Jlulock-Crnlk, Geo. MncDonnId, llrs. Oliphnnt, Jean Inarclow, ThoN.Ilnrdy, W.H.Mallock, W.W. Story Matthew Arnold, Ruskin, „ ,i Tennyson, Browning, and many others, are re- The Duke Co., presented in the pages of BBOK EBB IN Littell's Living Age. THE Thb Living Age CINCINNATI. OHIO. forty years, Newhall HouseFire Swan & Barrett, BANKERS AND B B O K B B B 186 middle , " Dealers In Goremment, State, County, City and Railroad Bonds, Bank Stocks, &c. Desirable Investment Securities constantly on hand. MILWAUKIE, HOUSE Safe and to-day. Wis., Jan, 16, 1883.— NEWHALL one other Herring's Safe opened I published, gratis dition. the contents In perfect con- A. WILLIAM GOETZ." OPERATORS IN STOCK EXCHANGE SECURI>riK8 should test this system, by which large profits mrv realised, and the possibility of losses reduced to THE GREAT FIRE a Ecmimum. OPINIONS OF THie PRE8S. Civil Service Oazettt—" The system recommended by Messrs. GutterldKe & Co., is easy to comprehend and safe.* John BuU— "An easy and apparently safe system, worthy of public confidence." Court JourruilAn excellevii way of speculating, ably set forth " it'tlluin- -An nteresting book. This system commenOB Itself as being a very safe one." News oj th Worn— 1 his Book Is well worth reading. One can not do better than retain their services." ' "W. CO., DRAPERS GARDENS I.ondon E. C. Englan d. No. 7 Commercial Cards. Pope Mfg. B42 Washington New York St., But few safes passed safely through the Are. Yours saved everything. A. L. Malabre & Co. had one of Your Champion Safes, and were quite pleased at having saved all the documents, etc., it. Mr. J. Bonitto also had a which were HERRING SAFE Co., DK CORDOVA." G. HEPtlMlVO & CO., Nos. 261 & 252 Broadway, Boston, Maes. New Brinckerhoff, Turner Co., In COTTON SAIL DUCK Herring's Safes. THE CHAMPION RECORD IN ALL GREAT FIRES. kinds of DUCK, CAR COVERING, BAGGING, RAVENS DUCK, SAIL TWINES, 4C., "ONTARIO" SEAMLESS BAGS, "AWNING STRIPES." "No. 109 A 46 Street. WHITE 8TBEKT, YORK. IS CHAIJNCIY STBIBT BOSTON. AOHNT8 roK Ocean nilU Co., Atlantic Cotton BI1U», Mill", Chtcopee Mfg. Co.. —S*."*?fcew EUerton inilU wltHe Itffe; Saratoga VIciorj Mlg. Co., Co.. NEW Hoalery and Bliss, Y arn nuh. Fabyan & and Discovery. Poetry, Sclentitlc. Biographical. Historical and Political Information, from the entire body of Foreign Periodical Literature. It is therefore Invaluable to every American reader, as the only satisfactorily fresh and COMPLETE compilation of an Indispensable current literature.— Indispensable because It embraces the productions of THE ABLEST LITING WRITERS n all branches of Literature, Science, Politics and Art. " Littell's Living Age has now for many years held the first place of all our serial publlcati ms." • • * " There is nothing noteworthy in scieu'. e, art, literature, biography, phllosoohy, or religion, that cannot be found In it."~Th€ Churchman, New York. " It stands easily at the bead of its class and deserves its prosperity."— Th« Conffre^tianalist, Beaton. •' The ablest essays and reviews of the day are to oe found here."— T?« PresbyttrUm, PhUadelphia, "It enables its readers to keep fully abreast of the best thoitght and literature of civilization."— "There is no other way of procuring the same amount of excellent literature for anything like the same price."— Boston Advertiser. No terest other periodical can compare with and value."— Boston It in In- Traveler. No reader who makes himself familiar with Its contents can lack the means of a sound literary culture."— ^i!«j Tork Tritnmc. " No other publication can supply its place." * • • " It contains not only the best solid literature but also the best serial stories of the day." Epitcopal Tteniater, PhUadelphia. "In it we And the best productions of the best writers upon all subjects ready to our hand,"— PhUa. Enquirer. " It Is indispensable in every household where any attempt is made to keep up with the current thought of the aaj ."—Hartford Oowram. "As much in the forefront of eclectic publics tiona as at Its start, forty years ago."— Cffncinnoti a necessity as ever."— Ths .idvonctf, " It affords the best, the cheapest, and most convenient means of keeping abreast with the progress of thought In all Its phases."-Worth Amtrican, Philadelphia. " The great eclectic of the world."—Mbmirej Star, Wilmington, N. C. "The best of ma«ailnes to subscribe to."— STontrtalOtaetU. CO. Joy, Lincoln & Motley, 8FCCSS80RS TO B. R. inCDGE, SAWYER dc CO., «8 Stories. Sketches of Travel Ohica^. Colorts, always In stock Duane amount of matter, with Oazette. " As much Also, Agents A full supply, all Widths and great best Essays, Reviews. Crit clsms. Serial and Short " FELTING UNITED STATES BITNTING more freshness, owing and with a satisfactory completeness attempted by no other oublication, the *' York. Nzab Thibd Atb Manufacturers and Dealers Elves Pittil'urg Christian Advocate. Riding School, 214 E. 84th St„ And all BUILDINGS DESTROYED. LOSS »15,000,000. Bicycles. ' COTTON CANVAS, 400 in Thousands In dally use by doctors lawyers, ministers, editors, merhants, &c., &c Send 3-cent stamp for elegantly illustrated SB-page catalogue to & KINGSTON, JAMAICA. and It saved books and papers. Columbia Tlie AT " GVTTBRIDGE & it to its weekly Issue, it 8W0BN BROKERS, Weekly Magazine, double-column octavo payees of reading matter yearly. It presents in an inexpensive form. conelderinK its JAMBS FARREL." Contents perfect. SPECULATION AND INYESTMENT " I had one of HERRING'S SAFES In the NEWIN STOCKS AND SHARES HALL HOUSE, and I am happy to say that when iriTH A miNimm risk. was opened found <uid post free upon dation and success. THREE AND A QUARTER THOUSAND [By Telegraph.] PORTLAND, niAINB. just application. has been published for nearly and has met with continuous commen. than Street, BXPLANATORT BOOK, FrnnccN Power Cobbe, Prolessor Goldwin licited; Eustis Max Hon. W. E. Prof. Mnller, Illuht Bare Western Union wires In their offices, by veaQB of which Immediate communication can be George WSBKir at f8 00 per year, free of or for (10 SO The Litino Age and any Published postage HEIMtinVG 261 ; one of the American %l Monthlies Sl & 262 Broadwar, New OO., York. Wetkly or Bamr) or for 19 50 will be sent for The Li vlnq Age and or L<ppin«ott's JfontMy. Co., (or Harper't a year, postpaid the <S(. InchoUu, Address, LIXTEIil. &. CO., Beaton. New York, Boston, Philadelphia, SELLING AOK.VT8 FOIl I.KADING BRANDS BROWN & BLEACHED T THE GREATEST LIVING * Authors, such ax -^ 32 SOUTH STREET, , XXXVl. [Vol. SHIRTINGS AND SHEETINGS, PRINTS, DENIMS, TICKS, DUCKS, *c. Towela, Qnllts, White Goods & Hoaterv J>riUi, BKeelingt, Oe., foriExporl Trade. PENCERIAN IabsolutelyreliableI iBUSINESSPURPOSEsf Chronicle Volumes «V ANTED. Volames 1, S, 4, 8, 0, 10, IS, 18, 15, 16, 17, 18, 19, 22 and 36. An»>r at Pnbliwtloa Offlaa, 18 A 81 WUllam at. ikKOABl 87, 1868. THE CHRONICLE. J Cotton. 4;ottoii. liBHiiAii, Abraham A OOm Naw Orleans, STABER, GEO. ALBKRT KKOHN, 8p«UL «4 Monlsoniarr, Aln, coninissioN kiebcbants. No. 40 EXCUANOE PLACE, Op-Towa OrncB, Nos. W A 41 Walkkb snuuB, New York. Brokerage and Commission. Strictly La. LEHMAN BRO'S, Cotton ANDFactors BTONB VTBBBT, MBIT YOBK. OOTTOIV Cotton. LsniiAM, DtrBB A'V) Ofdera executed at the Cotton Bzchanices In New Tork and Liverpool and advances made on Cotton and other produce consUrned to us, or to oar aoflre pendents In Liverpool, Messrs. B. Nawgaas and Maaars. L Rosenheim A Sons & Henry Hentz COMMISSION Co., at tha NEW TORE POST BUILDING, COFFEE COHHESPONUKNTS John C. Graham Meuru James FUiIay A Co., Liverpool, London and Messrs. Smith, Edwards A Co., Cotton Brokers, Olaagow. Liverpool. Messrs. Klnlaj, Mulr A Co., Calcutta and Bombay. Messrs. idamuel U. Buck A Co., Now Orleans. HniBT H. Wau. Ware aiLLIAT 80HBOIDI & (Sucoeeson to R. M. & WATERS A Wm. Co., 8ELMA, ALA., PHOCNIZ BUILDnfa. ALA., MOKKI8 BANK BUIXDoro Oidan for Fntiae Contracts Executed In New York and LlverpooL 111 Pearl Street, New Fielding York. York. Felix Alexander^ COTTON BROKER, KDtlre attention clven to purchase of COTTON TU> ORDER for SPINNERS and EXPORTERS CoBanspoifDEHoa Solioitbd. Keferences :— Natloaal Bank of Auffusta, Georxi Cc Uenry Henu * Commission Merchants Mev York; William B.Dana A Co., Proprietors Conina otAL AVD PtBAjroiAL CHBOinoLB. and other Ne« York Houses. & Parisot & Gwynn, Campbell, Cotton Factor., CO.), COTTON COMMISSION MERCUANT8, No. 18 W^Ullam Street, New York. COTTON COMMISSION MERCHANTS, New IIT Pearl Htreet, Orders for Spot Cotton and ratnraa pfoaptly executed. VIOKSHURO, miSH. Orders to purchase Cotton In our market solicited. Refer to Messrs. * STIIXMAN 3;<»w Vork. WOODWARD MONTGOMERY, Schroeder, Co., COTTON BROKERS, AOOC8TA, GBOBGIA 18 Bzcbance Plaee, 4c & Dennis Perkins Co., Special attentloniclTen to the Purchase and Sals of Contracts for future dellverr of Cotton. NEW YORK COFFEE EXCBANQB. itecetve conslffumenis of 0'.>t(on and other ProdMa and execute orders at the Kzchanges lo Llvarpoat, Kepresented lo New Vork at the once of BAUaMiK HRUTUKI18 * 00.. to Wiu, HTBBar. A Co COMMISSION MERCHANTS No.. 16 YORK. UVERPOOI, AND NEW ORLEANS COTTON EXCUANUK8. Alw orders for & COMMISSION MERCHANTS, IT Water Street, IiIVBKPOOI., COTTON COTTON NEW P. Billups MERCHANTS, Soolb Vrilllam St., New York. XBCUTB ORDERS FOR FUTURB DKUVBRY 8 •t th« J. B.F.BABCOCK&CO. & Bullard Wheeler, nAIDBN 119 NEW I.ANB, YORK. BAOCINO AND IRON TIES, (FOR BALING COTTON.) COTTON FACTOBS Bpeolal attention paid to the execution of orders tor tha purchase or sale of oontracts for future dellvarr of eotton. Liberal advances made on aWATHMKT. J. O. Gwathmey & **Jer8ev Mills" IMPORTERS OF IRON COMMISSION MBRCHANTS BLOS8. Bloss, 10 4c 18 Exohanee Place, NEW POST BUIUIINO. YORK. New BAGGING. ST. LOUIS, Mo. York. Special attentlun Riven to the execution of orders for the parcbfue and sale of contracts for future dellTerr In New York and LiTerpool. Geo. Brennecke & New York. OVBATUB C. BoPKiHs. Lucius HoPKOTS SioTH. MIT.I.KB. D wight & Co., COTTON William H. Beede Special attention Kiven to orders for the buylnff and selling of Cotton fob Fotitkk Dklitiibt. HYMAN8 Baily, COTTON FACTOBS AND COMMISSION MEKCHANT8, No. 89 Pearl Street, New York. . BpMlal attention given to the purchase and sale of ao&trmcta for future delivery on the Cotton aiMl Prod- oca Exohances. H. Tileston & Mamban Geo. Copeland & Co., corro;H brokers, 186 PEABL 8XKBBT, NBW YOBK. WALTER &KROHN, SS COTTON BROKERS, BBAVBB STBBBT, NBW YOBK. of Stock, Cotton and Produce Exchaniea. Oidan In " Fntorea" execntad at N. Y. Cotton Exoh. Waldron & Steamships. Only Direct Line to France. GENERAL TRANSATLANTIC Between NBW YORK PKAKL STREET, NEW YOKIi co'jrT'orvT ^ Advances made en Conslunmonu of Cotton. Con. traeu for Future DeUverj ot Cotton bonaht aosd on oonunlsslon. " CO. and JHAVBE, From Pier (new) 42 North River, foot of Morton St. Travelers by this line avoid both transit by KpgHsh Railway and the discomforts of crossing the Channel tn a smull boat. FHANCB. 1'. do Uauterive. ...Wed.. Jan. 31. 11 A. M, ST. L.VUltK.NT, Hervan Wed., Fob. 7,6 A.M. I.ABHADOK, Joucla Wed.. Feb. 14. 11 A.M. Pbick of Passaok— (Including wine): To First cabin, (100 anil $W second Oibln, tM; at age. t96—Including wine, bedding and otaialia. turn tickets at verr reduced rates. Checks dimwn Credit Lyonnals or Paris In amount.H t^ suit, r on TOCCHINO AT Cadiz, GIBKALTAB A BABCBU>!rA. The following steaiueni will leave New York direct for l^'adlz, (llbniltar, IlHroelona freight and passengers and Marseilles, fniftw^ Rates or Pasxaoe— For Cadli and Gibraltar— First cabin. $75 and fUO fur Barcelona and Malseillaa —hirst cabin, t.80 and tlOO. Steerage. 132. Through bills of lading issued to Medlterranaaa Ports, Including Barcelona, Algeria, Tunis, Genoa, Leghorn, Naples, Messina also, fur Trieste and Ooa; ; stantlnopte. N. B.— No freight taken for Gibraltar. LOOM DB BBBIAN, Acent, No. 6 Bowllns Oreea. Wire R o pe (S>J-;^--<5. W^^Ov^K "'^'^^ . STEEL AND CHABCOAI. IRON of superior qaaWr sulUble for MINING AND HOISTING PURPOSBB, Inclined Planes. Transmit slon of Power. Ac Also, Tainter, [<lalvanlied Charcoal and BB for Ships' HIggltur. Suj»peoIslon Bridges, l>errlck Guys, I Ferry Ropes. Ac A kuin stock constantly on Band fntm which any daslrad lengths are rut. FUTUBB " OBOBBS PBOMPTLT EIXBODTCD. F. HojfFmann, COTTON BROKER AND AGENT, SS BUB DK LA BODBSB, HAVBB. B^ FOB IdABSBILLBS, COTTON COnmSSION niBBCHANT 97 PEARL STREET, NEW YORK. Henry M. Taber, He. 141 Co., Special attention Riven to the purchase and sale of contracts for future dell' ery. Co., COTTON, STOCKS, BONDS, *e., K WILLIAM STREET, NEW YORK. Hyman & Correspondence from taic. ; DANCY, COTTON COMMIS8ION MERCHANTS, or Pearl St., New York. OBOBBB rOB FUTUBC CONTRACn BZBCUTBD Ol NBW YOBK and LrVCBPOOU Cumming & <fe Nobtolh:. Ta. Dancy, NEW YOKK. & Co. COTTON BROKERS, No. 114 PBABI. STREET. COMMISSION MERCHANT.^, PBARL STBBBT, entire Cotton Oropi. dealers sollaited. .NEW YORK. Special attention Klven to the porohase and sale of Futu re Contracts. Hopkins, Ho. 184 ManafiMtonn' A«euU for tlw sale of Jut. Bb«> ging. Pumlsh coverlnjr annually for one-flfth of tke Cotton Commission Merchants, Cotton Szchanse Bnlldlnc, ttrnjBl CONTBACTS A 8PICIAI.TT. OH^BI.rB D. Robert Tannahill& Co., Co., COTTON BKOKERS, No. 110 Pearl Street, TIBS. WARREN, JONES & «RATZ COTTON HERCHANTS, Me. VJS Bnirl Street, • "Eaele MllIs,""HrooklTn CIty.""Oeorgla.""CiSoHna' "Nevlns O," "UniuB Star," "Saiem," "Uorlooo M<IIs • and "Dover Mills." AND ooo- s]«nments. A. B. A|t«lts for the following brands of Jute BaarilW FLAT AM) lllUN KOPfH Mtnliv purposes mania. StEkI. for _ fa*'tur*Mi to i>rder. JOHN W. nASON A 4S Broadwajr, CO., New York. , THE CHRONICLE. IX zii Stillman, MBKCHANTS, tiOAMS MADB ON ACCKPTABLK SBCURITIBS. COTTON EXCHANOr BUILDINQ, New aath Advjmcf Jiade on Oonngnmentt. H. PARKER, COHHISSION MERCHANT, J. NIW « WABBBN EWBN, John M. JB. Ewen KvriN. Brothers, COTTON BROKERS. Noab 31 ds 33 Broad SHOWING THIE CONDITION OF THE COMPANY ON THK FIRST DAY OF JANUARY, 18S3. $3,000,fl00 00 Reserve for Unearned Premiums 2,116,832 00 Reserve for Unpaid Losses and Claims 317,.596 01 NetSuiTlus 1,774,061 06 WASHINGTON & Co., Cash Assets Life Insurance Co. BREIVER, Jr., President. ^ 17,456,681 93 Disbursements— Edward H. Coates& Co. and CO., CHESTNUT STREET, »8,703,730 RealEstate Cash on hand, in banks and Trustee collaterals Agents' balances ^TNA Insurance ^^ 16,095,180 87 New GRAVIKR New Orleans, Tci-k. OV ORDEB8 FOB 160,647 92 E. S. & Jemison paid In advance Unpaid dividends to stockholders Co., Unpaid expenses BANKERS as regards policybolders Issued in 1882 Issued In 1881 insurance In 1882. Insurance in 1881. Total number uf policies in force Total amount Insured.with additions Policies Policies Amt. uf Amt. of COTTON COMMISSION MERCHANTS, No. 10 Old SUp, New York. W. HAXTtJN, JemlBon, 6roce& Co., OalTeston, Texas. & Co., »0. 12 IW Wkter Street, OLD SLIP, To dc 271 25 2,540 00 FABBRI, E. P. Hon. 8. B. Esq. (Drezel, Morgan JfcCo.l CHITTENDBN. EZRA WHITE, 930,192 02 J.J. 2,828 2,076 $6,457,796 4.681,460 ASTOH, Esq. Esq. CHAS. E. WHITE, SAM. P. BLAGUEN MANAGERS, Ofllee fi4 13,896 'WUIlam St., Neir York. 29,374,019 Vlce-Prea't THOMSON, lessen losses ThU AI.A. "vacmAaa 0Hi.r o> obdbbs, i«b a Coiocusioa : SOLON HUMPHRKY8, Ch'r'n,(B. D.Morgan * Cr DAVID D0W8, Esq. (David Dows tt CoO and See>7. LyOfyimerctal Attorney^o by forfeiture, when preminmB Union Jns.Uo lOr LOSDOKU ALFRED ; CO., COTTON BUTEB8, OnONTGOMBRY, LONDON AND EDINBUR4SH. United States Board of ManagonieDi are due aud uiipuul, this company voluntarily applies as premium, in all cases, the cash value of the diviaeuds to the credit of each policy, to the contiuuauce of such policy for days, months, or years, as the case may be and dui-ins; that time the insured may resume his payments without a re-examination. Special attention gUen to the execntlon of orders for the purchase and sale of Cotton for future deUrery. Liberal adTaaoas made on oonsltfnmeuts. A, Co C. FOSTER NEUr YORK, U. CLISBY Ins. PIEKSON, Actuary. B.W. incCREADY, in.I>.,]ned. Exam, I. And NORFOLK, VA. JOHN Agent. OF CYRUS mVNN, Ase't Secretary. E. 8. FRENCH, SupH of Asencles. COTTON COMMISSION MERCHANTS Oor. Mercantile NSW FORE 44.566 57 4,611 16 Surplus AND Rountree _ 96,374,020 &0 & Reserve by N. T. Standard Company's valuation.... $5,591,839 00 Unsettled claims IS! New York ALEXANDER, JAS. A. 41,886 35 — Premiums St., North Bntish LIABILITIES: GiTBN TO THE EXICDTIOII 1,861,428 4( 4,000,000 OC n 27,046 66 GROSS ASSETS, De- FUTUBE CONTRACrS. $9,054,610 58 $3,193,182 No. 2 Courtlandt in and unpaid Deferred &. unpaid prem- La. 1883 NET SURPLDS 322,483 94 65,117 36 89,554 85 excess of cost as per department valuation Interest accrued, and due iums, less 20 per cent 1, for unpaid losses and re-insurance fund Capital excess of market value of stocks over cost 8T. Assets January 3,885,613 02 487,499 70 cember 31, 188-1 UrBOIAI. ATTENTIOH OF HARTFORD. Liabilities Add Market value real estate Company , 236,671 11 $6,096,188 186 $7,208,480 07 S-SS 64 U. S. and N. Y. City stocks »l,294,921 30 Bonds and mortgages, being first Hens on Real Estate valued by the Insurance Department at Mohr, Hanemann & Co., 44 43,7M 27 1011,1:^6 8,653 75 Net Araete, Dec. 31, 18S2 Loans on In h'nds of agts. CHAS. J. MARTIN, President. J. H. 'WASHRURN, Secretary. 1,361,492 06 WII.MOBJL H.W.HANUfANN. Cl.niBNB FISOHIB 8T. I Total loss sion, Salarie-s, PostaKe, Advertlsins, Medical Kiamlnations, Itc PHILADBIiPHIA. $178,463 881 first Hen on worth $2,786.800) 1 ,172,737 44 United States stocks (market value) 4,308,710 00 Bank & RH. stocks & brts.; market value) 847.H87 60 State and municipal b'ds. (market value) 20,000 00 Loans on stocks, payable on demand (market value of coUat'ls, $687,276 24) 491,375 00 Interest due on Januarv 1. Ihk;^ 42,1105 10 466,650 83 1,419 29 ASSETS COTTON COMMISSION MERCHANTS, PKAKL banks real estate Real estate Dividends tu stockholders. Expenses, Kent, Commis- BUCCBSSOBS TO 1-43 in Bonds and mortgages, being Premiums uncoU'ct'd & |4S7,930 OS PAY- FIRE INSUilANCK: j38,8o3 50 Annuities Proflt MSranoes made on cotton consignments. Spaete] attention given to orders for contracts for Ivtnie dellTery of cotton In New York and LiTerpool. CLAOHORN HERRINQ & of I'oUcy Holders of Cash $6,828,712 19 Net assets, December 31, 1881 Receipts durinar the year for premiums... 11,278,000 00 «°t,9a9 17 For interest, rents, 4c ^^^^^^ the United States available for the In MENT of LOSSES by KIKE and for the protection ''gSier.r"!...."'.".".''''- »1,064.268 74 11,202 63 Taxes 34,214 28 Commuted Commissions.. Ho. 47 BROADTVAir. $7,'208,489 07 SmtlTIARY OF ASSETS. Held A. premiums COMMISSION MERCHANTS, Ho. 116 CASH CAPITAL OF THE W. BROADWAY. OFFICE, 119 Insnranee. Surrendered policies, cash return dividends and Sawyer, Wallace HOME Fifty-Ninth Semi-annual Statement, endowments KEW YOKK. fk''.;'«^t','r.'^^iaVe. Personal attention given at the KXCUANOt.; the purchase and sale of STOCKS and BONUS for cash or on mari^in. DKPOSITS RECEIVED— subject to check at sight —with interest upon balances. Special attention paid to INVESTMENTS anO accounts of COUNTRY BANKERS. Kstabllshed (In Tontine Building) 1840. Claims by death Matured and discounted eitraet, Sous, Company amesF.Wenman&Co., Insurance OF NEIV YORK, Twenty-Third Annual Statement OBalsnments of Cotton, Naral Stores and otber Produce Solicited. & B.ANCH orrics j .13g COTTON BROKJlKb, No. 148 Pearl Street, near Wall, N. S. TOBK- EXKCUTBS OKDBRS FOR THK PURCHASE AWD SALH OF FUTURB CONTRACTS IN THE COTTON AND PRODUCB KXCHANGBS. T. Hatch SOUTHERN SECURITIES. PEARIi STREET, Ho. 140 York. LOANS MADE ON J P. Batch. Arthur M. Batch. BANKERS, 14 NASSAU STREET, NEW YORK. COTTON MERCHANTS, IraCUI' ATT»JfT10» TO OHDKBS fob CONTRACrg roB rnruBi d«litbirt or Cotton. •OrrOM, ALL SBADiiS, SUITABLE TO WANTS ~ or SPINNBRS, OTFEBKB on TERMS TO SPIT. T. INMAN,SWANN&Co W. 18 Exckanse Plaee FMt Bolldliitr, 16 & KKW YOttK. Benry Hatch. Natli'l W. T. Batch. Walter & 27, 1883. Mlgeellancous. Cotton. Cotton. Woodward [Jantjabt * other l§ a protection ivliicli Company affords. no PELL, ]tt$idetU 37 & Manaatr, ^Q Wall* Street (