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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

ȣsr.
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

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CfobCob

-^ocOob

is_*;

.

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If.

to

^1

00

!•

KS
00

2

I

rf..

crdb

®-i:

I

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sw:

1

M

;
a
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|

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^

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99
^ 00
XX
2 X.',
^ MtO
CD03

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cap

e.oo:

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%c;<:

1

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99

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09

od>

'

99
toto

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X-J5

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••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

(