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ranirie
HUNT'S MEUCIIANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
JEntcred according to net of Con$n°oas, in the year 1884, by

VOL.

NEW

40.

Wm.

B. Dxtix

A Co., In

the oflloo of the Librarian of Congresa. VTashlngton, D. O.I

YOBK, JANUARY

financial.

3,

Bank Note Company,

Thos. H. Allen,
TF108. H. ALLKN, Jr.,

)

\

MemphiF, rr^„„
Tenn.
vr,»..,„u:„

Founded 179&.
Ven 7otX

iBoonorited under La^s of Stats of

Rich'd H. Allen,

)

^^^^^

^

j^^^^^^

New v„
York.
„^

i

[Member N. Y. Cotton Exchange.

BBOADWAT, NEW TOBK.
Bntil]iie94

1,019.

Jftmmcial.

AMERICAN
142

NO.

1885.

1S6S.

UcorKunlzed 1879.
EN(i RAVERS A^n I'RINTEnfl OP

BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
MOTES, of the UNITED STATES and for
|

Foreign Governments.

Rich'd H. Allen

&

Co.,

ENGR.WING .\ND PRINTING,
BANK NOTKS, SHARK CKKTIFICATES,
BONDS FOK GOVKUNMENT.S AND
COKPORATIONS, WKAFTS, CHECKS.
BILLS OF EXCHANOK, STAMPS, &c.,
in tlio finest

and most

artistic style

FROM STEEL

I'LATES,
COUKTZSIXITHTS.

to pioTent

With ipsdil s<ifo?airda

Sptdal patera naaufactared exclssToly

for

B^^nSTiKZEJE-S

ase of tha

/ompasj.

AND

SAFETY COLORS. SAFETY PAPERS.
Work Executed iu Fireproof Buildings.
LITHOCRAPHIC AND TYPE PRINTINIi.

ttAILWAY TICKETS OF IMPROVED STYLES.
(•liow

CulendurA.

Card«, Lul>cl»,

BLANK BOOKS OF EVERY DESdUPTlOlf.
ALBERT

G.

GOODALL, President.

VICfc'-ntF.SIDKNTS

MACDONOUGH,
W. M. SMIUiE,
STAYNER Treas.

A. D.

J.

G. H.

SHEPARO,

TOURO ROBERTSON.
THEO. H. FREEUND, Seety.

ASA.

PomtR,

p.

Cotton Commission Meiichants,

;

Pre«t,

J.

w. Woek, Caahlar.

Nos.

JI

& JJ Broad Street,

Maverick National Bank,
BOSTON.
CAPITAL,
SURPLUS,-

•

•

.....

9400,000
400,000

NEW

YORK.

Aoeoonu of Banks and Bankers solicited.
CoUeotlons made upon farurable terms.

Qoremment Bonds

Thomas

a. ttsi.

Member N.

w.

boogfat

and

sold.

Y. Stock BzcbanKe.

Vyse & Son,

BANKERS AND BROKERS,
56 Broadway
Bfanob

&

7 Exchange Court, N. Y.
Union Square

Office at the Everett llbuso,
and ITth Street.

Gilder
81

dc

&

Accounts of Banks, Bankers, Firms and Individuals

E. D. Vy.si,

Received, Subject to Check, and Current

Rates of Interest Allowed.

Farr,

33 BROAD ST., NEW YORK.
BAITKER8 AND BROKERS,

Interest paid on Balances. Securities carried on
Margin. Government Bonds and other Investment
Hecurines huutiht and sold on cnnimlssiin. Special
attentlou to orders by mail or telcKraph.

TINKER & WESTOIV,
BANKERS AND

PARTICULAR ATTENTION GIVEN TO ORDERS
IN

COTTON CONTRACTS.

BROKERS,

No.

New York.
n»!fBT

Mamben

EXCHANGE COURT,

2
C.

TnrKiK, Member N. Y. Stock Bxoh.

STOCK BROKER.
Alfred H. Smith & Co.,
Lansdale Boardman,
IMPORTERS,
NEW YOBK, fO BROADWAY & 5 NEW ST.
THOY OFFICE REMOVED
No.

IT

TO

FIRST STREET.

L.

DIAMONDS.
182 Broadway, Cor. John Street.

N. Y. and PhlladelphU Stock

H. Taylor

&

BxobanKW

Co.,

BANKERS.
s.

W.

Cor. Tblrd

and

Ctaeatnnt SM.,

PHILADELPHIA.
DepostU received subject to check atii«ht. and
interest allowed on dallv balances.
la
Stooka. Bonds, Ac bought and sold on oommlulon
"*"—'
Philadelphia and other dtlM
Partlenlar attention irfven to Information ramrdlnc
Investment Seonrttles.
rpl««««
Private wire to New York, BalUmoreandothf

^^

[Vol. XL.

THE CHRONICLE.
Co., August Belmont

&

Drexel, Morgan
WALL 8TBEKT,

BANKERS,
of the

PARIS.

BOilESTW AKD FOREIOH BANKERS.
SecnrltlM
to Draft.

iL«>M. KMilTed luWect

OjS" Letwr.
^'^rt^*"
put* ot theworld.

lor Traveler..

ATTOK»XT8 ANT AO«STS 0»
CO.,
IHeaiini. J. 8. ITIORGAN 4:
BTR£ET. LONDON.
So. 22 OLD BROAIi

Ho. 69

&

Brothers

WALL STREET,

Co.,
N. Y.,

BUT AND SILL

BII^I^S OF EXCHANGE
.on <2ll.KAT BRITAIN AND IKKI.AND. FRANCK
SWITZKKLAND. NOR^KRMAN V BkIgII'M.
»WE1> B.N AND HOLLAND.

WAY DEN.MAKK,
Credits
Issue Commercial k TraTelers'
IX STERLlXa,
ATAn.ABLS IN ANY PART OF THE WORLD.
And In France. In Martinique and Gnadaloupe.

MAKETKLEIiRAPHIC TRANSFERS
^^
OF MONKlf
and other oovntbies.
mmrwsEx
drawn
[AKK r«»LLKCTIONS OF DRAFTS "*
tbis

^'""®^
iS»Md on all po>n" '> ""> drawn
?**V?f
the
In
Cmnada, and of Draft,
United Stjitee on Forelso Coontrle..

&

T

BANKERS,

&

Stuart

Co.,

JtAN CHESTER

A;

lB8ue Letters of Credit for Trarelers,
London,
On SELIQMAN BROTHERS,CIK.
Paris,
fiKL GMAN FttKRKS &
RKLCi.MAN * 8TBTTIIB1MER, Krankfort.
AL3BKUG UOI.DUKHG, Amsterdam,

ALTMAN &STKTTUKIMKR,

Berlin.
Parable In any part of Kurope, A.la, Africa,

John Paton & Co.,
SUCCESSORS TO
JESUP, PATON & CO.,

COL'NTY BANK,

MANCnKSTEB, PAYABLE IN LONDON

and sold.

BELFAST. IRELAND!
AND ON THS

•ATIONAL BANK OF SCOTLAND,
BDINBUBQU, AND BBANCHKSi

J.

Kennedy Tod

ALSO,

LONDON:

PARIS:
TnOS K. DATI8. W. Q. H. HBATH.

William Heath & Co.,
BANKERS AND BROKERS,
New

Member, of New York Stock

No.

York.

erican, Canadian. British and Dutch markets on commission. Collect dividend., coupon, and foreign and
Inland Drafts.
Sell Bills of Exchange on

EVANS

MELVILI.F,,
C. J.

ha:>ibro

H. OYENS

dt

cSc

SON,

UOTTINiiCER

&

son,

CO.,

, oNDON
ji>onuuh.

!

AMSTERDAM.

& CO.,

PARIS.

&

Kidder, Peabody

Co.,

Transact a general Banking- Business
Orders received in MlnluK Stocks, and In Unlisted
Securities. Collections made and Loans Negotiated.
PlTidends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed. Investment Securities a Speolalt7<
We issue a Kln:mciul Report Weekly.

Brancli OfRre, 320 Broad-way.
Connected by Private Wire.

WALCOTT,

Jos. C.

New

York.

FOREIGN BANKERS,

Co.,

CORRESPOXVESTS

of the N. Y. Stock

Members

and Mining Kjrchanges.

WAimiBVRN

CALJ>1V£L.L.,

Ac

TOWNSEND

BANKERS AND BROKERS,

No.

3

TTALIi

STBEBT.

Tnuuaot a general Banking Buslneu, Including the
Purchase and Sale of all Securities dealt In at the

New York

Stock Exchange.

Interest allowed on deposits snbleot to light draft

Lansing c. wabhbubn.
CALDwiLL.
TOWNSgWD. Member N. Y. Btxick Bichange

C. B.

CHA8.

.1.

Wood,

&

Huestis
PINE

ST..

Co.,

NEW YORK,

BANKERS AND BROKERS,
SUCCKS80H8 TO

WOOD

&.

DATIS.

Execute orders In all securities listed at the New
York Stock Exchange. For Sale,
FIR8T-CI.AS8 RAILKOAD KIUBT MOKTOAO« BONDS
GEOROB C. WOOD, r H. WUKSTia. I>.M.BWAN

&

A. Kohn

Co.,

BANKERS AND BROKERS.

19 Broad St., N. Y., mills Rulldlng,
Transact a General Banking Business.
Foreign Exchange, Bonds, ?tncks and

Miscellii-

tiecurities bought and sold on commission.
Julius a. Koiin. David ocna. Mohitz Ochs.

neoua

Memb. N.Y. Stock Kt.

Memb.N.Y'. Stock Kxch.

Fred. H. Smith,
BROAD ST., NEW YORK.
STOCKS, BONDS AND PETROLEUM
No. aO

Bought. Sold, and Carried on Margin..
all railroad, for pant twenty
Parties desiring to bny or .ell unquoted securltle. will do well to communicate.
F. H. Smith, Member. N. Y. Mining. Stock A NaI'olroleum Kxchange. _
tiuna
8. w. SMiTn. i

Intimate knowledge of

)

CitEDITS.

:

H. CUUGKB OABXBT,
MAYf'ARD C. EYBI,

JAMK8 WH1TEI.Y,
HARBT C. LOOAN,

HKNBY H. DODOK, Washington, D. C.
WM. R. Traveks, Special Partner.

CABLE TRANSFERS, BILLS OF EXCHANGE
AND
COMMEKCIAL AND TRAVELERS'

I

Frank K. Dickinson. (

years.

BOSTON, MASS.

Elns*

Dimw Btllfl nf Ezchange and transact a (general
^imn^*' cx)uiniiiuilon business. Particular attention
^tvMk to Auitirican becurltles.

&

dollar..

Offer InTeatment Seeurltlea.
Buy and sell bonds, stocks and securltle. In all Am-

Cor. Wall and Nassau Sts.,

Co.,

10 TkroKBAorion ATe»f liOndoB,

William Heath

pound, .terling i,

Co.,

BANKERS AND BROKERS,
No. 34 Pine Street, New Tork.

J.

Act a. Agent, for Bank., Banker, and Railroad
Companle..
Isstw oommerolal credits, also foreign and domestic

Eiachanze.

&

Co.,

63 WILLIAM STREET,

BANKERS.

t>BEIUN EXCUANOR. CABLE TRANSFERS.

William Heath

&

&

C. Walcott

31

BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.
ALBXANDEH BABINO,
J. KINNKDT TOD.
Member N. Y. Stock Excb.
H. O. NOBTHCOTE,

travelers' letters of ci«dlt In

«ABLK TRANSFERS AND LBTTKRa OF CREDIT

Ho. 80 Broadway,

;

DRAW ON

ilLSTER BANKING COMPANY,

3RiH."< w.ltTSVr

Ne^r Yort.

Street,

Accounts and Agency of Banks, Corporations,
flrms and Individuals received upon favorable term..
Dividends and Interest collected and remitted.
Act as agent, for corporations In payliw ccupons
and dividends also as transfer axent..
Bonds, stocks and securities bouKbt and sold on
commission, at the Stock Biehanpe or elsewhere.
Sterling Ezchantie and Cable Transfer, bought

••LIMITED;"

NEW YORK:

An.-

Telegraphic
•^"BUtarf^Kxchange and make
Tnnsten at Money on Europe and California.

WUllam

Membera of the New York Stock Ezchanfie,
in Foubion kichaxoe, Govkrnmxnt
A Vn OTnEK INTKRTMKNT ROXPS.
STEKI.IKG LOANS A SPECIALTY.
S4 Wall St. and 6'Z Greene Mt,, N. Y.
Buy and .ell on commlMlon. fur Investment or on
margin, all aecarttles dealt In at the New York Stock

THE UNION BANK OF LONDON:

& SMITH'S,
«niTU, PAVNE
LONDON;
BANKERS,

New Vork.

63

Chas. Unger & Co.,
BANKERS AND BROKERS,

Stocksand Bonds bought and sold on CommUwlon.

BROAD STREET,

No. 23

;

J.
33 NASSAU STREET.
BILLS OF EXCHANGE ON

•^

& W. Seligman & Co.,

In *ll

^xjoVavs.

Kxcbanse.

and their Correspondent..
ot Money
A1.0 commercial Credits and Transf era
on California. Kurope and Havana

J.

nn&

Dialers

aU parU
Traveler.' Credit., avaUaWe In
iDrexel.Harjes&Co iMue
world, throiwh the
HanMinann,
8lreot,31 BooleTurd
lOESSRS. BE ROTHSCIIII.I>,

PHILADELPHIaI

Brown

Co.,

Co..

WoJtBonlh Thirt

2haisbla

&

Street,
No». 19 and 21 Nansaii

OOBNEB OF BROAD. NEW YORK.
Drexel &

gatttijet;5

W,ov6iQn %xcU;xnQt,

%3£ChmQ^

'gOVtieVL

Prince

&

Whitely,

No. 64 BROADWAY, NEW^ YORK.
n„
,.,^„ /^—
,^..a 180 Fifth Ave., New York.
OpriCES
BRANCH
Washington, D. C.
J 539 j5^, sf
i

.

_

No. 19

Kne

Scribe, Parle.

Oftfan Mllolted (or London and American markets
for taT«atai«Dt or on nuurgin. Hallway, State and

<atr Loans naKotlKted.

&

John Munroe

Co.,

He. S9 Naeaaa Street, Neiv York,
Ho. 4 Poat Office Square, Boaton,
CHEQUES AND CABLE TRANSFERU ON

nUNBOE

tc

CO.,

PABIS

ffnmLiNO CHTOrica and bills at sixty
PAYS SIGHT ON

ALEXANDEBS

4c

CO.,

LONDON.

CoccLAR. Nona AND CHEurrs rou Tkateliks.

Schulz

&

Ruckgaber,

BARING BROTHERS & CO., I.ondom
PERIER FREKKS & CO., Parts.
MENPELSSOHN ic CO., Berlin.

KOUAITZE BROTHERS,
BANKERS,
120 Broadw AT, Equitable Building, New York.

Mcuriae. bought and sold on commission.

GOADBY &

J. H.

B. E,
JOINT AGENTS

WALKER,

International Bank «r Londoa
(Limited) London.
caara. joun Krrrubrre, Goaaler ACa *
Hamburg.
caara.Marcnard, Krauaa* Co.,Parta.
(.onimcrclal

Bit

olKxchanne,

and Travelera'

Credlta.

OaWa Tnuufarj.

8c

Co.,

BANKERS,
No. 63

for the use of travelers In

all parts of the
world. Pills drawn on the Union Bank of London.
Telegraphic transfers made to London and to varion.
places In the Unit«d States. Deposits received subject to check at sight, anil Interest allowed on balr
ances. Government and other bonds and investment

sell

Oilman, Son

LETTERS OF CREDIT AND
CIRCULAR NOTES
Issued

In addition to a General

and

Sell

i

CEDAR STREET.

J

Banking Bnalneea, bny^

Govenuuent Bond, and InTeatment

Seoojl-i^

ties

Simon Borg
No. 8

&

Co.,

W^ALL STREET, NEW^ YORK.!

DEALERS IN ALL KINDS OF
Canadian Bank of Commerce,
16 EXCHANGE PLACE.
Railroad and Inrestment Secnritieih

BUT AND SELL STERLING EXCHANGE, CABLE
BANKERS,
TKANSKBRS, ETC.
S9 WILLIAM STREET, NEW YOBK. ISSnB COMMERCIAL CRBDIT.S,
A VAILABLE
CUKRKitPUNDKN'TS OF THB

on commission all ctasuea of Railroad
Securities; also Grain and Provisions.
Private Telegraph wires to Philadelphia, Wilmington, Baltimore. Washington. Bridgeport, New Haven,
Boston and Pittsburg.

Buy and

IN

K. ABIIL.

ALL PARTS OF THE WOULD.

L. 8. FUANSE.VBIIUIER, M. 8«LIOMAN,
i.embers N. Y. Stock Exchange.

Asiei

&

Co.,

BANKERS AND BBOKEB8,
No.
51

EXCUANOB PliACK

BOTTrHBBN flEC'UKrnm a BWMJTAITT.
JOHH J. C. HUXBUa
U UUBIBT,
Member N. Y. Stock Kxoh.
E. C.

E. C.

Humbert

&

Son,

BANKERS AND BROKERS,
No. 39

^ALL STREET,

DHIZJO. BUUiDINe,

MBW 70SI

January

THE CHRONICLE.

1885.]

8,

aud

ilaufears

^voTievs,

&

R. A. Lancaster

Co.,

DNITBD BANK BITILDING,
BBOADWATANO WALL STKKBT, NKW

YOSLK

&

DEPOSITS

Miscellaneons Secnrities.

R.

Holt,

STREET,

No. 10 tlTALIi

received and

INTEREST

business.

allowed on

Buy and

sell

RAILROAD

GOVKBNMENT, MUNICIPAL

G. B.

and

G. D.

PINK STREET, NEAV TORK.

A. B. Batkman,

Mamb.N.V. Stock

Doiroi^ss Quekk,
Memb.N.Y. Cotton Bxoh

Excta.

GEO. H. HOLT.
LTIUILIER.

OREEIV A UATEMAIV,
85

Stoekii,

WALL

NEW

STREET,

YORK.

Cotton aud PorelKn Excbance

Private Wire to Washington.
BATKMAN * OO.. w»Bu?NOTOV.

N

COI.L J. TtJRNKB, JA8. TDBJilCB.
Memb. N.T. Stuck Exch.

C.

Special.

&

Turner

J.

Tt. C.

B. LINBLST,

Buy and Sell on Commission, for
gin, all securities dealt In at the

H.

&

16

Broad

18

Street,

New York

In

New York.

AND PROVISIONS

STOCKS, BONDS, GRAIN
boiuht and sold

and Chicago market*

Jameson, Smith&Cotting
STOCK BROKERS
AND COMMISSION MERCHANTS,
83 Broad

aud 57 Exclianse Place

St.

STOCKS. BONDS. GRAIN

and PROVISION!
Iwuubt and s,tld In New York and ChicoK^o.
Cliicaxo Coireipondoots. Wvl. 1'. UAKER Si CO.
l>irect and excluflive private wire

25 f me
Porduse and

on

aeil

Jenkins,

BTOCK BXCHANOK,

and STOCKS, and

or

all

NEW YORK

reputable Seourltle«

all

OPEN MARKET. LOANS
nd COMMERCIAL PAPKR negotiated. Interest
paid on

panies.

DEPOSITS, snbjeot tooheok.

Membersof Now York

COK ECo.
R
S

!V

Hamilton

New

r

and

W. M.

"'

^^"^•'^ •"" io^I'S '»

A.lI.KlDDn.

WATIjAND TBASK.
W. C. UlLL.

Bishop,

NEW YORK.

65

H.J.M0B8I.

59

DRESEL BUILDING,

New York.
STOCKS AND BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION.

1Boodi|^

Members New York and Chicago Stock Exchanges
also

New York Mining Stock

Rolston
BANKERH

88 Broadway,

cor.

Branch OIBcc,

&

Exchange.

Bass,

BANKERS,

Kxcbnnee Place, N

Y

1.4^ I,a .Salle St., Cbicairo

INTEREST
ON "J^POSITS
nppnsT'n.a
SUBJECT TO CHECKALl'oWEn
AT SKiUT
_
_
D A. BOODY. P- O. Box 447.

TIES.

.

c.

W. McLeLLAN. Jb.

ao

BROAD STREET, NEW YORK.

Stocks. Bonds and Misoellaneoos Stoiritles.
Correspondence Solicited.
Quotations cheerfully furnished

Hatch
BANKERS,

&

Foote,

No. la W^all Street, N. Y.

We make U. 8. Bonds and

Investment Securities a
and BOND-

specialty, execute orders in STOCKS
for cash or carry the same on margin.

Wetransaci
ageneral UA.NKI.NU business and ALLOW INTER
E3T on DEPOSITS. Branch Olllces. connected bi
private wire. Norwlcll, Conn., and Boston. Mass.

HANK h;ii.s,

UNITED BANK BUILDINC,
W^all Street,
STOCKS, BOM

•»

mt^JSill'v'^i
atNewVork ^"""S
Slock

Corner Bvoadway
* OOitilEUVlAL PA PES

bonitht

and

on commlsalon
Advance* made nS
""

sold

Kjiciuin«e.
securltlefc

bajlncM paper and other

AVOIJSTINE HEARB,
39

*

W. H. Goadbj &

Co.,

BANKERS AND BROKERS,

No.

8

NASSAU STREET.

Loans on Railway and other negotiable securitleir^
Purchase and snie of samo. Loans on Bond an<»
General financial business.

Mortt^jjge.

^orjeifltt

gaulici^s.

The City Bank,
(LIMITED,)

L,ONDON, ENOEANB.

.....
.....
......

Anthortzed Capital,

£4,000,00ir
.
4,U00,00O
Pald.Up Capital,
1,000,UU9Keserve Fund, £300.000.
HEAD OFFICE, THREADHEEDLE ST.

gubacribed Capital,

BRANOBBS
Bond

:

Tottenham Court Boa^

Street,

Lndgate

Paddington,
Aldgate,
Old Street,

Hill,

Knightsbrldge,

Holbom,

The Bank,whlle conducting the genera] busineeaLondon Bankers, gives special attention to the-

of

BANKER AND BROKER,
TO

Co.,

London.

Earl,

MEMBER NEW YOKK STOCK EXCHANGE,

P. O. BOJt 3.B47.

&

R. T. Wilson

PA.,

Special attention given to Securities for Investment

InTeatment Seearltles.

Sell

Neiw York.

9 Kxehaaare Conrt. Nonr Vorh.

(Members Now York Stock Exchange.)
Btinks, Bankeri! and others received.
Interest allowed on Balances. A strictly Commission
Business In the purchase and sale of stocks and bonds.
Private Telearapli Wire to Albany, Troy. Syracuse,
Rochester, Utica, Buffa!.., Cleveland and Chicago
Draw on City Bank o- London In amounts to suit.

ITork,

Co.>

BROAD STREET,

No. a4

New York.

PSNE STREET,

&

Lapsley

BANKERS AND BROKERS,

BANKERS AND COMMISSION MERCHANT*

Accounts of

,

Exchange Court dc 52 Broad wa7,N.Y

Howard

Co.,

BANKERS AND BROKERS,

Tranaaot a General Banking Business, InolndlnA

SjhToniSiSfn.'*"

&

Chew,

Stocks, Bonds and U. 8. Government Becnritie»Bonght and Sold on Commission.
JA8. D. Simons,
Bktiblt Cheit.
Member N. Y. Stock Exchange.
Member N. Y. Produce Exchange.

Stocks and Bonds Bought and Sold on Commission
Accounts rocclv<-d and Interest allowed on ballances, which muy be checked fc,r at sight.

WALI, 8TKEBT,

18

a

Philadelphia Stock Exch'ges

No. 18 Wall Street,

&

STOCK BROKERS,

H. Dewing & Son,
BANKERS AKD BROKERS,

No. 3S

tlo.

tc

sold.

Simons

BANKERS AND BROKERS,
No. 17 W^AI,!. ST., NEW YORK.

^et.

BA

&

John H. Davis

PHILADELPHIA,
BALTIMORE,
YORK,

the

In

SECURITIES

Buy and sell on commission all classes of Stock
and Bonds, lor cash or on margin.
Agents for Banks, Bankers and Railroad Com-

CHICAGO.
f^euu^ORKt
UiKAM Dewi.vq. Clark Dewing, f. t. bontecuu.
Comuiisaion GOVERNMENT
(Member of New York Stock Exchange.)

•laaaas of Secnritlea dealt In at the

bouKht and sold

Members N.Y. Stock Exchange.
DEALERS IN FIRST-CLASS INVESTMENT

-

§t.

RAILROAD BONDS

»nd

BROADWAY.

74

Town and Bailway Boadr-

All classes of City,

Co.,

PRIVATE WIRES 10:

&

Bouden

&

B. HolJins

Co.,

INVESTMENT SECURITIES,

FHA.NK C.UOLLINS

BANKERS AND BROKERS,

&

STREET,

DEALERS IN

cash or on marStock

New York

bought and

F.A.YZNAGA.

NASSAU STREET,
NEW YOKK.

No. IS WrAI.1.

Kxchantre.
Interest allowed on dally balances.
All deposits subject to ebeca at sight.
Particular attention to orders by mall or telegraph.

Co.,

Bbowm.

Mahoney

F.

J.

FIRST-CLASS IWVESTMEXT8.

BANKERS AND BROKERS,

p.

BAIVKERS,
NO. ao

York.

DRALEua IN

H.B.HOLLINS.

LotmsBiBT.

FUID. A. BBOWH.

Walston H. Brown & Bros

121 South Third Street, Philadelphia.
onnectcd by private wire with main office. New

W. W. DUDLEV.

b.

New York

Providence and Boston.

Stewart Brown's Sons, Geo. K. Sistare's
Sons,
STOCK BROKERS,
16 & IS Broad Street, New York.
S8

Alfbed

Kixtbali,.

WAI.aTOH U. BnoWN.

Hbbbkbt

TAINTOR.

Co.,

Seventeen Tears' Membership in the
Stock Exchange.

Bonds.

I*rlTate telegraph wires to

&

Kimball

J.

Robert J.

balances.

%xa\\txs.

BANKERS AND BROKERS,
No. 18 Wall Street, New York.

NEW YORK.

GENERAL BANKING

a

aud

'gwoik&xs

BANKERS.
TRANSACT

Southern Securities a Specialty.

&

Taintor

DiALcns IN

Railroad

and groUws.

gawliiCitB

AND BROKERS,

BANKERfl

Ui

WrAI,I< STREET,
New York.

Agency of Foreign and Colonial Banks.
A.

(i.

KENNEDY. Manager.

THE
Anglo- Californian

Bank

(LIMITED).
I.ONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 422 California St.

NEWf

YORK ARents, J. A W. Sellfrman A Co.-

BOSTON

Correspond'ta, Massachusetts N.

Authorized Capita], •
Paid-up Capital, - Reserve Fund, - • -

Bk

$6,000,000
- 1,600,000

-

,

-

-

400,000

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in all
g-rts of the world. Collections and orders for Bonds,
tocks, etc., executed upon the most favorable terms.
P. N.

FKED'K F. LOW,
)„.„
I6NATZ STKINHART,)"*"*"""LILIENTHAL. Caahler

Hong Kong & Shanghai
BANKING ASSOCIATION.
Paid-up Capital
Reserve Fund ...
Reserve for Equalization of Dividends
Reserve Liability of Proprietors

»7.r.0fl.0O(X
4.4'<0 (lOO

400.0

7,300,000
Dralts. issue letters of
Credit for use of Travelers, and negotiat-e or collect
Bills payable at Bombay, Ca.eutta. ^Singapore. Saigon.

Th* Corporation grant

Manila. Hong Kong,
Kooohow, Amoy. Nlngpo,
Shanghai, Hankow, Y okohama, Uiogo, San Francisco

and London.

A.

Bl.

TOWN8END,

Ageut,

4r Wllltam

St,

THE CHRONICLR
goreiflti SnnUetJS.

'goveiQU gitukcvB.

Railway Share Trust Co.

1

CINCORPORATBD 1835.)
TUreadueedle St., I.oudon, Gnsland
PAID-UP CAPITAL, £1.600 (0.

Ooarantee and Ueaerve Cunds. £'iS8,00J.
Issued on the 110
Letters of Credit and
b.-anches of the Bank Id the Colonies of Qneensland,
TaamaNew Sooth Wales, Victoria. South Australia,sent
for
nla and New Zealand. Bills negotiated or
Deiwslts
Collection. Teleiiraphlc Transfers made.
reoelTed In London »t interest for flxed periods on
terms which may be ascertained at tbepffice.
••"^

BANK BVILDINOS
LONDON, ENGLAND.

PKlUKAi;x SKLBY,

Capital Paid Up, ^£971,300 Slerllns.

DlRECTOIta:

LAINQ.

Sbq.,

M.

eorBaAi.

BnrHT Uupkucsok,

UAuntM

A. laiNO, Bag.

STUTTOABT, GERMANY.

1.

Co.,

BANKERS,

BnCHABLBS LAWBBNCa TODNO.

a B., M.

P

Bart.

THRKADNEEDLE

Mwaclnc Director.

LONDON.
MKUBER8

(
i

Bank of Montreal.
OAPITAl.,
8CRPI.VS,

-

-

-

-

Noa. 69

Ac

Railway Debenture Trust

Oompaim

CAPITAI. PAID

London

Railway Share IViwi

Dirtelort at the

(Limited).

t;P,

Office,

No. 22 AbctanrcU

Brothers & Co.,
LOKDOK, Ei\GL.AKD,

•Hell

aeounnti and acenelea of Banka, Sail wan.
Corporation*, armi and Indlrldnala, npon faror
able tarna; alao orden for the porchaae and
ale of Bonds, Shares, Ae., Ac, on Commission
on the Stock Bzohanse.
Railway. State and City Loans and

••mIbm

aU parU

aTallable la

Capital,

OttOKOE HAOUK,
J.

H.

PLUHMEU,

Agency buys and
.Z^^^^n
J,°'^
ohangB, Cable
Transfers, issues
*i,J'ii ''

"J

"*

No. 61

HENRY HAGUb,

in

Canada

IVaU
1

aUer4aa-DB WlBsn^en

Bills.

*aw TOBK CoaaaapoiiDBRn

Mewn.KKAUTH,NACHOD ft KUHNE

CONGRESS STREET,

Jb..

t

t^JC'tC'l'I'AK

NOTES

I.

Exchange.
Private Telegraph Wire to

New York and

&

Dupee

Perkins,

SwiKT

(Formerly CRA8. A.

at

Boston.

Co.,

Co.),

BANKERS AND BROKERS,
No. 40

STATE STREET,
ItlASS.

Samuel G. Studley,
COMMISSION STOCK BROKER,
4,

BOSTON, MASS.

&

Stackpoie
No.

7

Ely,

BANKERS,
EXCHANGE PLACE,
BOSTON.

Swan

& Barrett,
AND BROKERS,

186 middle Street,

PORTLAND, IVAINE.

STRBET.

issued In

R.

Dealers In Commercial Paper, Government and
other tlrst-olass Bonds and Securities and ForeUm

BANKERS

Pounds

Dealers In Government, State, County, City and Rail*
road Bonds, Bank Stocks, Ac.
Oeslrable Investment Securities constantly on hand

^cnwsBlwaula

Columbia, San Francisco and

Chloiifo.

& Co.,

WEVROSSET STREET,

52

Street.

f.?i?^f.°.?,JUl,^!rJ'H *.?''"''"?«»'"«> Cable TransS?.n„n rJ^-Hl^nll,"??","" Scotland and Ireland;

Jos. M.

llprlino

HHk?B

Jos.

BnOKMAKIB.

^aufejet;s.

ROBIBT M. JADNST.

M. Shoemaker & Co.

i^'n-SniTf-N-kVicSrkl
BANKERS AND STOCK BROKERS.
'""""'• •""'«"* 'nU.e"B'i^!?s^'i?i^er
RatJ^o
No.
134
SOUTH THIRD STREET,
•""•^
other
b.nk,„,h,jalness trans.
I Agents.

"r?
H. STIKEMAN,

Gzowski
Boat,

Estabrook,

BANKERS AND BROKERS

.

North America,

No. 53 IVAi,!,

a.^'

Mocks, Shares, Coapons, Ao.

Cobb

Wilbour, Jackson

PIIIEADEEPIIIA.

BrvBCTaRBAinc.

aehatfe-B. W. BLUUBKgTBIN, Jr.
AlaaelM-LXDKBOBR ft CO.
Trs n sset a noeral Basklnii and CommlsalaB
aase la

No. 35

Agents.

Bank

Oflleo,

Street, B. C.

gufllaiirt ^(xnluvs.

&

Credits available In

New York Aceucy,

B. W. BLIJDENSTEIN & CO.,
British
AJIMTERDAn, . - . . HOLLAND.

W.

York:

Montbiax.,

BANKERS,

Ex-

0»

B.

New

In

op

I

MEMBER OF BOSTON STOCK EXCHANQB.

AOBNCY OF THE

* Oo.
hamBLuuiMsranr
Threadoeedle

^ew

Street.

Manager
~"»«!or.

sells Sterllnn

Vl^^- ""'''" collections

Bankvereeniging,

Nob.

Sterling Exchange;.

No. 4 Excbange Place, KooM No.

"""» payable at any of
fSu,?i^rK'^.\''"i
'l".'"',
"•".bank
In Canada. Every description
»ff^2^^"K
of
foreign banking business undertaken.

JOHN B. UARBU.

:

A

Agents

I

59 Wall Street.
Promptest attention paid to oonectlons payable In
any part of Canada.
Aporoved Canadian business paper discounted at
the Head Office on reasonable t.erms, and prooeede
ramlttod by draft on Npw Yorb.

'''»°* (Limited.)
ilHw'vntu'*'^;r'''£*'i''ji%'''''"
HKW
VOUli— The Bank of Now York. N.B.A.

ot

Amaterdam.
BRAXCBK8
l<oa4«a— KXCHANoa A 1NVK8TMKNT BAMB

Lombard

73

Esq

Ueoenil Manager.

Assistant General

BANKERS:

De Twentsche

•4

:

Salt* Co., Bank

Dealers In MuuieiRal, State aod Railroad Bonds,

81,250,000

ANDREW ALLAN, Esq.
ROBERT AN'DERSON,
HEAD OFFICE, OTONTUKAL.

theworid.

BeTABUaHBD ItML
•ahaerlbed Capital. (W)00.ooo - QoUden (|3.aoiUMO.-)
PMa.Dp Capital. 7371.100(t8,148,U0_)
Umwn I y»ad.
84»Mas7 •
(IS3».»4SMJ

Agents in
BosA.NQPET,

London

BOSTON,

$5,700,000 Paid Up.
•

President.
Vloe-President,

Blake

Brandon, Man.
Dealers in American Currency

Lane

Merchants Bank
Reserve,

<1,956,410 SterllOK.

taaa* Cowaeralal Ci»diu

61 WALL STKE£T.
WALTiB Watson. ( . „.„,.

OF CANADA.

with Sorpln*,

Catharines, Port Colbome, St. Thomas, IngeraoB
Welland, Fergus. Woodstock, Wlnuipeg, MiuIn

PROVIDENCE,

OFFICE,

Bay and sell Sterling EzchanKe, Francs and Cable
rransfers; grant Commercial and Travelers* Credits,
available In any part of the world; Issue drafts on
and make collections In, Chicago and throughout the
^iftmlnlon of Canada.

LONDON, ENGLAND

BRANOBES:
St.

Joshua Wilbocr,
Ch ahlbs h. Sheldon, Jb.
BXNJAULN A. JACKSON, WILLIAM BlNNltT, JH.

913,000,000, Gold.
$6,000,000, Gold.

yEW YORK

BANK BVILDINGS,

Cashier

OFFICE, TORONTO.

ALSO.

euiTBKBB, President.
W. J. BVCBAJSXS, General Managei

0. F.

No. 4

$678,000

WILKIE,

and United State* Bonds.

Cable Addreea— Patt, Loin>oic.

(LIMITED),

^ 1,5 00,000

-

Dealers In JHnnlelpal, State, Railroad

ter of parmenta uf Interest on Loans. Dlrldenda od

Stocki In London, or otberwlae.

D. R.

Pres't.

-

BOSTON STOCK EXCHANGES.

the mat-

In

-

MEMBERS OF THE NEW YOEK AND

©auadlatt gauluers.

BallwaTaaodotberCorporatloni, either

-

BOSTON.

Slock ExchanKC.
Philadelphia Stock ExcbaiiKe.

Louu ol KpproTed iUllwmr>> n«(Otlatw and
IwnM I^osn* on tb« London Market, acU u Agent fot

COIdPANY

READ

New York

Tklg Conpuiy ondertakea the btutneH of Tnute*
to

of,

HOWXAND,

S.

Brewster,

TURNER8TBBBT,
& CO,

A. P.
60

gr Bectstratloo

H,

GERMANY.

FRANKFORT-ONMAIN,

O. C. H. a., K.

Bm|.,

&

L. de Steiger

Obommond WoLrr,

FRAIICU PAVr,

Secretary.

Narr & Co.,
AMERICAK BANKERS,

Chsirmso-

P..

C. 8.

joiM HoaATio Ujotd. Biq.
John Pendxr, Ew)., M. p.
Bib Buar

CAPITAL (paid np),
SURPLUS,

Dr^

(LUUTKD),

B.

Imperial Bank of Canada,

Australasia,

Bank of

THE

No. 4

[Vol. XL.

&

Buchan,

BROKERS
AND UKMsUAL AGENTS,

*''"*' ANn'*?J^^.^'.?.\''«JB:

TORONTO, CANADA.

clS^atl'o™^'""''"

*'""'» wuectlons aod aU flnan-

E.

W.

&

Clark

Co.,

RANKERS,
No. 85 South Third

St.,

Philadelphia.

DEALERS IN CAR TRUSTS AND OTUER
INVESTMENT 8KCDRIT1E8.
Stocks and Bonds Bought and Sold on Commission

Jandaby

THE CHllONICLE.

1885.)

8,

i^cuusuluauta gauUcvs.

&

Narr

WM.C.COI'KTNKr.i'rCS.

Gerlach,
IIANKKKS AND B.K O K K It ^

BANK or

0HK8TNUT 8TREET,
PIIILAI>KLI*II1A.

Oril'T!* t'jreciued by
.Hiie.

on

t

New

pnvtito wire In

all

CHARLICSTON,

I!

TBANi'A<'T A OEXKKAI, OOMRSTIO
KliHKKiN BANKING BtlSINRrti*.

&

AND

Co.,

KLjIKS Uuoh. &

Wa

ll

WM.

MIDDKXDOHP.

VVM.

B.

fni-

Co.

A

r>/'\M'nG
OV/IM DiJ,
Write ns

BALTUnOHE,

Wm.

Sons,

,

I«I1>.,

wires in their offices.

means of

entire isuuea receives special atten.
you wish to buy or sell.
1B7I.

&

Keleher

Co.,

Defaulted Bonds of Missourt, Kansas and Illinois a
Glood Investment Securities, paying from
10 per cent, for sale.

KONKS,

STATE BANK,

J

Incorporated 1875.

t

-

•

-

(C. T. WALK3B
Cashier.

Eustis

&

Co.

W.

F.

TIIORXXON

OF

HOUSTON,

CAPITAI,, 9500,000,

Houston,
We

Texas.

attention to

(five speola)
•CCP"-'!''" "-•'.I.

coUectfona oo

:

I

.

W KKMS. Citahier.

Cash

SON,

&.

BANKERS AND BROKERS,

&

Co.,

.nOBILE,

SHELBYVILLE, ILLINOIS.

New York,
New Orleans

'.-Banltof the State of
):'<laua National Bank,
i.ivorij.jol (Limited), Uverpool.

W. T. BlutCKW«LI„

DCRBAn,

N.

STOCKS

At Auction.
The Undersigned hold REGITLAK

B. Bi'KKC8.s, Pres'U

A. K.

Wauxk, Cuhler

WIILOTINGTON, N.
on

all

C.

BALES

taru of the United States

KICIIJIONB, VIUUINIA,
Collections nia<le on all Southern
point*
terms ; prompt returns.

on best

BHANCH,

President.
1',
,v«, n'"l"'l-''Ol,i.\x.
Cash. FUEi,. K. SCOTT, Vice-fros't

AND

BRAXCH^dTcoiT^
CO.MMISSION JIEUCUANT8

HICHinOND, VIRGINIA.
"

•

,,„r

^,,g

lor

SiV

a
i>

...i:
1

.

3

H

E.

WEDNESDAYS AND SATUEUAYB.

THE WESTERN

A SPECIALTY.
Cash paid at once for the above aeonrltlea
be sold on ofimmlsalon at Sflllor's omlon

Kunding Act

per cent coiiiPor cent bonds,
stock in the North

.ser.d

market

for circular, referen<»i

F. M k K K .\
President: J T.
WARN%Vioe-PreHt.i L. il. PBKKINS, Seoratarr
0HA8. W.OlLLRTT.TrBus. N. F. HAKT7A?dlSr

John

.

B.

i :

I

:<

;

or they

THE
Kansas Loan & Trust Co.
TOPEKA, KAN.
8WEBT,

circular.

MORTGAGE LOANS UPON IMPROVED
.No losses,

I!f

will

Co.,

VAR.MS. Interest and principal paid on day of maturity in New York. Knnds promptly placed. Lara*

•zperlence.

PINE STREET.

INSURANCE STOCKS

Farm Mortgages

LAWRENCE, KANSAS,

and sample forms.

Railroads In this paper

Bailey,

Pree.
GEO. M. NOBLB, See
Is the oldest tuid largest Institution in Kansaa.
giving exclu.iive attention to the Negotiating or
CUOICIS FIRST .MOHTOAGK LOANS it high retM
of Interest. It has negotiated over •<>,UU0,0OO
of these loans for Savings Banks, Insurance Companies, Estates and private parties East. Send for

^p^cial itiueatmctttB.

Farm Mortgage

t^t.v

S.

of all olaases of

ON

FIRST

qnotatlons of

DEALLNOH

AUCTION

Offers to investors the beat sacorities In the

MERCHANTS' NATIONAL BANK,

^1'^'

H. L. Grant,
UltOADWAV,

No. 145

T. B.

National Bank,

BAMKJCi^S

SOLD.

Rome Watertown A Ogdenaburg lets and 2ds.
Oswego & Rome Bonds.
JoHet & Northern Indiana Bonds.
Grand Rapids & Indiana Bonds and Stock.
ALBERT E. IIACHFIELD,
No. 6 WaU Street.

7

STOCKS ANO BONDS

special atteniiiMs to c<jlleotlon«.

it^.r
Simii.,.

NEGOTIATED.

BONDS

and

C,

With ample means, and facilities excelled by no
Bank In the State, Invites correspondence and pays

TUOiMA!«

St..V&StN.Al8t.

SV)V YORK.

H. milLliER & SON,
The Bank of Durham, ADRIAN
No. 7 PINE STr.EET. NEW YORK.

I.-

4-.;(l

Stock Privileges

!<ee

P. A. Wn.«r,
Cashier.

Preeldent.

''''"**'<>'" ">ade

BONDS.

B'y& 7th A.l8t5B,19C #

100,00(1

CITY RAILKOAO STOCKS & BONUS
BOUGUT AND SOLI'.

J^wctlD^l SbviXzs.

"

First

Wiliiainsburgh.

50 Am. Loan & Tr.
lO.iiOi) Soutli Ferry 7.S. '94.
100 Brooklyn
lO.OOiJThiril Av. 6j, lb90.
100 Farmers' Loan& Tr.
103 23d St small, 78. '8ft
50 United States.
3,000 B'klyn C.59,'i)2-190g

First National Banlt. iniiianup«)lis.

ALABAMA.

Speci.il attention
i,;.f.i |f»iu
paid to
n^ uwi
colleotion.s,
ieu;.iuu..4, witll
with proniDl
proniot
'
"'
'rani rates
nitou of
..f nv.il... ...... .-... .>.. _ .«
remitt-iin:
i!iirretit
exchange on day of
•tad sell btute of .Vlabama and City

JQBV
JOBNt

Republic.

Collections made in shelliy and adjoining Counties
and Proceeds remittcil -m lay of Payment.
11EKKKENCE8.— .Nalioniil Hank of Oomnierce. .Vow
York; Union National Hank, Cincinnati: Third National Bank, St. l.ouis
'I'raders' Bank, Chicago

BENJ. A. BOTTS.Pros'i

hankkks.

,1

Fulton Municipal.

iX)

WANTED:

Weema.

Thos. P. Miller

liank

York.
BitootvI.YN.

;

itenjamin A. B<itt8, Prea't; F. A. Rice.
A. B. Bottj), Rob't Brewster. 8. K.

I*'

C.

New

3,000 Kul.Mun.B'd39s.l900
500 l'eo|>les'.
'.M

Tradesmen's.
Union.

!

all

50

1.50 Citizens'.

BOUGHT AND

(Established 16SU.)

THE CITY BANK

N. Y.

CITY KAILKOAD,

TitUST CO.

line.

St..

INVESTMENT SECURITIES

wm. W. Thornton,

TH08. M. Thokntox.

gaaUers.

GAS

50 BIcecktr St. & K. F'y.
100 Cent. P. .S. 4 E. R.
25 Dry Dock K. B. & B.
50 Kighth Ave.
'.JOO lid St. Man hat. & St.N

Phenix.
19 Produce Exch.

«nNCIN.\ATI, OHIO.

ji>joutIvcrtt

B. K.

40 PaclHc.
Park.

B A N K B H H,

llolteil.

McJ

Fulton.
50 Lincoln.
5>Ca(li80n Sanare.
K Merchants' Excii 'go.
10 Metropolitan.

Co.,

&:

8« Pine

Sh».
CO.
100 Cou.-folidatcd.
100 Kquitable.
lOU Butchers' & Drovers'. lO.OliO Kquit. Ist Bs 1899.
Central.
5 Harlem.
S«0 Chatham.
a.OOO Metrop. U'ds 69 1901.
CltisenB'.
5,000 Munic. B'da 7s 1888.
Continental.
20 Mutual

Long Island.
10 Mecaanlcs', Brooklyn 10,000

Prompt attention given to all business In our
N. V. OoKui£8PONiif:NT!5.— Donnell. Lawson
«od t ti e Metr opo itan National Itan k.

George

,

Broadway.

l

t>>

whicii iiunie'iiate cimiiriunliiution c;'u b*
had wtl h .ili ouiiuerciiil potnis in the country. tj»p*cml utteiill.in Kivea to pnrciiuse ana sale of Virffinlii Console, Ten-forlies. UeferreJ an.l ail ivsuef
of the St iitc. and to all classes of Suiithern State.
City and itallway Securities. Correspondence so-

^

BANKIS.

Am. Exchange.

20

$250,000

•

Bxch ati,.-«

P. WintriiiKhain

Shs.

)

LITTLE ROCK, ARKANSAS.
Capital (Paid In)

N. Y. Stock

Nassau.

German Bank,

Dcalern In Uovt-riimeutx, Mtoclo
and luventiucnt Securities,
OTroeiTB biii'oND St
3i .SOUTU STltEKT,

BALTIMUKE,

Town, Schoo
Bought and Sold.

<oeclalty.

1^ to

President,

And

Hate Western Union

'I'rtut

S05 OIJVE 8TRKBT, ST. LOUIS,
Dealers In IVestem Secnrltlett.

U. Q.

&

Fisher
BANKERS,

If

F.

P.

BUIIJJlNCJi/!

'feXKEKT,
3'J7.
ini>.
Members Baltimore Stock Exchaose.

Box

and Car

IN.

FOR SALE- STOCKS BY

State, County, City,

K8TABLI8HKD

OUTBB.

GERMAN

£5

Member

DEARBOBN STREET,
CHICAGO, 11,1..

BANKF.RS AND BHOKEUS,
(KEVSKR

DEALT

8KB GAS QUOTATIONS IN THIS PAPBB.
l}IO. U. PRINTI88,
W. W. WALSa

No 176

C'on.

Middendorf, Oliver & Co.
Nos. 23

&

Bonds

BROOKLYN SECURITIES

'i'KXAa

Co.,
KliVESTlHEKT BANKERS,

The funding of
3t

i> ai.i,am.

Stocks and

AK» ALL KIKUS Of

.1.

•

peclHlty.

and Information

Street Railroad

Ueneriil Manager,

('')..

Street.

W. Harris

.\.

GAS SECi; R TIES,
I

Transact a KOneral Kinaiicial and Agency Uuslnesaln
the State of Te.xas and Kurope.
vew yorkCorrespondentn;
C. K. VVEl.I.KSI.EY,

UALTl:nORE.
INVBBTMiCNT Uld BOUTIIEUN SKCURIT1B8

Mortgage

8c

COMPANY UMITBD,
(OP LONDON, BNGIiAND),

BANKUKS AND ISUUKKK8,

J.

ANI>

moNTAGUR NT., HKOOKLVN.
OAS STOCKS

SOS

®8lcstctru jBanUevs.
TH B

Texas Land

Robert Garrett & Sons,
BANKEPS,
No. 1 S O T H T H E K X
BALTinOKE,

aiioed.
N. Y. Correepundanta— MoSln Brothers

Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEW YORK,

York, Bos

^iiUimovc ^auUcvs.

Correspondence solicited

8. C.
TO ColXKCTIONB

HI'KCIAI. ATTF:.NTI0.V fJIVBN

principal pi)lnt« Id the United

Wilson, Colston

ElINKSTlI.I'HIN'aLK.t^b

IIARLENTON,

C

National Bankinci Absuciatiun,

,

No. 322

t,

^HuUevs.

jloiitftevtt

,

.

Manning,

DANKER ANU BROKER.
No. e Wall Street, New York City,

SOUTHERN NECDRITIBS
A SPECIALTY.

State. Municipal and lialiway I'.onds and Connoi
s
aouKbtan'l sold at best market rates. Investors o'
lealers wishing to bay or soil are Invited to commun jatu with us.
Member of the New Yort BtoCil Exchange

Sams

of $100 and Upwards on ladiana and Ohio Lands.
NOTHINO SAFER. ALWAYS PROMPTLY PAID.
SEND FOR PAMPIILKT.
JOS. A. mooKE,
84 Ea«t Marke t St.. Indlaiiapolla, Ind.

In

TO HOLDERS OP DEPAL'LTED
IfONDS.
The undersigned invites oorrespondenoe with
all WKSl'KR.M DEFAULTKI) OR RK.

holders of

PUDIATBDBONDS of
or School

Give

Districts.

fall d.escription

Cities, Counties, TownsWM
Will purchase at best ratei.

and adclreaa
JR., at. J»»epli,

T. J. CHEW,
Mo.
GFN Only the most desirable toaiw.
MOKTGA
Absolute safety and satisfaction. The Kanaaa

A MlsaourlLoan Trust Co,, Wyandotte, r

Vol. XL.

THE CHRONICLE
»ptcinX Ittpestmctttg.

New England
Mortgage & Investm't Co
»£SMSrt«Sei "nw^t B to 8 per

Security

cent.

^itiawctal.

Inttvtst r ptioiitgmls, S(C.
DIVIDENDS
THE
" INXKBESX AND
i

The follo«ins bonds and
thA hMnkinc houae of Messrs.

Henry

«to*|,"VW^fEK
WIN&LOW, ^i^Ai^iCirfc

New

Nass^ju and Cedar Streets.
& CO.rSlmer
York City, on and after Jan. 2, 1885
"f

BANKERS,
No. 23

Co.uTb5,s%"i^rSn« viney Railroad Co.Clnfirrt?Kift".Sl"indlana. Railroad Co.-

p. O.

Municipal

T

U.

U. MILLS, rreslUcut.

Kassom.

Cashier.

Daytim

DES MOINES, IOWA.
CAPITAI, »100,000.
Prompt and careful attention given to all correspondence. Collections made upon faTorable terms.

Minneapolis, Minn.
,-^

Hpecinl Bttcntlon ^ivon to

-

1

c;>'-'i'™^«[ii

.

««-'"'•'-

BLAKE

Sold.

School 10s.
School 68.

First National Bauk, Corning, Iowa.
the best FarminK DiBtricts
Interest
In Iowa, MIsiMrurirkansiis and Nebraska.
N. V. KxchunKe. Twelve
home
In
jour
own
Dald at
loanlnK fur Private Investors
veiini' experience
parand Tru.tKunds. Send for circular KlvinR f ullfrom
IJcnUra as to loans, references, etc Interest
dat« of receipt of money.
-^ ,.
Prea't.
Sua. NoKTo.s, Cashr. LEW E. DAKKOW,
In

m

a

SLt^BT to

OILMAN, SOS * Co.. Bankers, N. Y. City,
Mkrcbants' National Bank, ChloaBO, Ullnots.

C

No. 21

IVOYES,

DXALXB IN

CITT RAILWAY STOCKS

TRUST

STOCIiS,
CO.'S

TELECRAPH

SBOUKITIES.

KVIIW, LiOEB & CO.,

The Corbin Banking Co,

*

115 Broadway,
7

G.'

per Cent, special guaran-

1%

Home 8s.

Turnpike 89.
Traverse City Railroad Co.—
First mortgage 6s.
Wheeling, West Virginia—

JANUARY

KMTRANCK

JANUARY

6.

JANUARY

20.

Pittsburg Fort Wayne 4 Chicago Railway Co.—
Regular stock quarterly dividend of IH per cent.

STOCKS,
STOCKS,

WESTERN RAILROAD COMPANY

PINE STREET,

No. 11

BBOKEBS AND DEAI.EKS

B O IV I> S.
Interest^ gttJtdcMs,
JLTANHATTAN
^
Ml

trustees under the mortgage dated May 1, 1881,
made by said company to us, to secure an issue of
140 bonds of |l,0(«l each, all of that date, have designated, and we hereby call in, for redemption, as provided In the moitgage, all the outstanding bonds of
said Issue, namely, bonds numbered as follows.
120
78
89
86
15
"37
100
121
79
16
122
80
101
17
44
128
81
lOa
18
45
101
124
48
82
19
104
125
83
20
47
126
105
21
48
84
106
127
22
49
85
107
128
23
BO
86

24
28
26
27
28
29
80
81
83
83
84
85

S:c.

SAVINGS INSTITD-

AND B48 Bboadwat, Dec.
TION,
SIXTY-SEVENTH DIVIDEND.

86, 1884.

The Trustees

of this Institution have declared inCENT
rate of
on all sums from (1 to til.000 remaining
on deposit during the three or six months ending
December 31, 1884, In accordance with the by-laws.
Pftyable on and after the 19th day of January, 1.HA5.

PER

FOUR PER

terest at the

ANNUM

EDWARD

8CUELL,

President.

108
109
110

87
88
89
HO
91
92
83
94
96
96
97
98

51

52
53
54
66
57
58
59
60
78
78
77

129
130
181
132
133
134
185
136

111
112
113
114

115
116
117
118
119

Being one hundred and one

(101)

)

LANE.

,r.„,,„,
Trustees.

INTKIIKflT for the SIX
<

..lul
'.

•

of

t

IS'
[>,

MONTHS

ending Dec. .11,
nfler Jan.21, 1885, todoH» follows
not exceed $1,000 at the rate
"T iiniium. On accounts of
"f KOt'R PER CENT

l«^l
po*

:

f|

r

CK.'.

Jan.

Lv.

ii>-wt.

«j

and TIIKKK

PEU

'^ITS niailc on or before
^t from Jan. I.
3.NKU8N, Preatdent.
I

OKN PATON 4

CO.,

aped Jen

18.

H. B. PAR jONS,
Aulatant Secretarr,

William Street,

New

& Alton 1st mortgage.
Louis .lacksonville & Chicago 2d mortgage.

Chicago
St.

Joilct Steel
Jnliet Steel

Dnliuqnc

Company
Company

& Sioux

bonds, specialties.
^.
_
,, ^,
REFERENCES Hon. 1). J. Brewer, U. S. Circu
Judge; Corbin Banking Co., New York; Easter
Banking Co. and Oon. F. A. Osborn, Boston, and th
Bank of Topeka, Topeka, Kansas.
:

Fifth

Avenue

Square,

1st
'.id

NEW YORK
CO.

Groesbeck

mortgage.
mortgage.

&

Schley,

MEMBERS NEW YORK STOCK EXCHANG
26 BROAD ST., NEWT YORK.
Private Wire connection witli Plillatielplii
Baltimore and WHSlilngton.

&

Spencer Trask
Bankers,

Co.

City 1st mortgage.

Dubuque & Dakota

1st

mortgage.

Cixntral Ull. Co. of South Carolina 1st mortgage.
Northea.9tern Rlt. Co. consolidaled mortgage.

"^piIE

as BltOADWAT. Nkw Yokk, Dec. 20, 1S(M. The
ncnlaraeinl-annual dividend of four PERCENT
hm been declared by the Directors of this company,
pAyable Jan. 15, 18M, at our office, as above. The
tnuiafor booka will doee Dec 81, at 2 P. M-, and re-

TOPEJCA, KANSAS.
Commercial and corporation law and municii)i

at the otticu of Messrs

York.

O. N. COiCKLIN

QPFICB OF WELLS, PARUO &
*^

2,

CO., No. 62

CO.,

Fabius M. Clarke,
ATTORNEY AT LAW,

be

l,

Said on and after January
29. 18)14.

&,

PINE STREET.

DARLING *

1

ViiuK, Dec.

No, 34

The Large9t. Best Appointed and Most Libera!
Managed Hotel in the City, with the Most Centr
and Delightful I>o«tiom^^^^

SAVINGS BANK, NOTICE.— COUPONS OF THE FOLMBTROPOLITAN
lowing bonds, maturing January
No.. and H Third Ave., npn Cooper Institute.
1885, will
Nkw

MARTIN

POST,

HOTEL,

2.', ls,s4.

S.

3WRTGAGES.

bonds of $1,000

CHARLEMAGNE TOWER,
WILLIAM

Tork.

SPECIALTY OF THESE VER'
SAFE SECURITIES, AND BUY AND SELL SAMI
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DBSIl
ABLE CAR TRUST ISSUES, ADDITIONALL'
SECURED BY THE DIRECT OBLIGATION O
TH» RAIL.BOAn EQCIPMENT COMPANY

MadUon

The said bonds must be presented and delivered to
Messrs. Wlnslow. I.anler & Co., bankers, 26 Na^sau
Street, New York City, for account of the undersigned trustees, on or l)efore the first day of May,
188.5.
The interest on any bond not delivered by
that day sh:iU thenceforth wholly cease.

October

New

FAllit

each.

C. F. Altori). Secretary.

SLXTV-TUIilD DlS'lDEND.

PBR CENT

WE MAKE A

& Dayton Railroad Co.—
Second mortgage 78.
Vermillion Countv, IndianaGravel Koad 7s.

Flagg,
Doncan Building, Cor. Nassau & Pine Sts.

8

Car Trust Bonds.

5.

Blackford County, IndianaGravel Road 7s.

Cincinnati Hamilton

&

Reed

AND

In 1*^79 we negntialed over Jl.OOO.OOOo/ thae loan
for t7l« ttsiwl term >•} fre ycrm. Sslnetv fire per cin
thereof, with iiitrrest, wiia prnmtliip'liil ; the renwiiuh
iswdlnecuiediiiidbiinti rnpidty eolleeteil. Our opcrii
Itonsfiir o quarter 0/ a cent ury kIuiw suhstajitiaUy tlmmereMUn. Note the ghri:ka:je ta rtihit daring hi.
immbrt
live years of all securities ujton the markrl; the
in default practUallu tiWtHess to parlies dtpend^'
npoii an income, our recnriU are crnwd'd imihev,
deuces of the desiraliiltty of the>e loans. In erest atk
principal payable at our offlce, net to lenders.

OF MINNESOTA (now ST. PAUL & NORTHPACIFIC RAILWAY CO.MPANV.)
Stocks, Insurance Stocks. ERN
Notice is here'*y given that the undersigned, the

Bank

SALE.

30 Nassau Street.

Set-ond inortgiige 7s, series
Constructi' 'n mortgage 7s.

68.

and trust funds.

FOR

Municipal 69.
Northern Pacific Terminal Company of OregonFirst mortgage ds
Peru. Indiana_,
Water Works Ss. _ ^.
^ .,
Pittsburg Fort Wayne & Chicago Railway Co.—
First mortgage 7s. series "A.'

Children's

for institutions

88.

Quarterly dividend
teed StnClt.
Sciota County, OhioBridge 8s.

1,422.

ALSO OTHKIl PRIME INVESTMENT

MassllUm & Cleveland Railroad Co.—
i list mortgage 7b.
Muncie, Indiana-

Comproml9e

NASSAU STREET,

OAS

Water Works

BOX

First Mortg'age Extension and Collateral iioiids.
A LIMITED AMOUNT OF THE ABOVF. BONDt-

Marlon Cour.ty, IndianaCounty 0«.
Marion. Indiana-

NKOOTIATEU BY TBI

>VM:.

fl

NEW YOKK.

Chicago Rock Island &
Pacific Railway Co.

linion Railroad 89.
Lamjir, Miswouri—
School tl9.
Logansport, IndianaWater loan MS.
„ ,„»„.
^ ,,
Louisiana National Bank of r«ew Orleans—
Semi-iinnual dividend of 4 per cent.

Safe Investments.
7 PEB CENT KOM)S and MORTGAGES
Choloe Brst mortKaces

ments

,

MlnneapoHs, mlnn.

T. O. Box 3a0.

5s,

Grant County, IndianaGravel Hoad 78.
Court House 59.
, ^
„ „
Grand liapids & Indiana Railroad Co.—
First Mortuage 79.
Hamilton County, IndianaCounty 79.
Hancock County, IndianaGravel Road '8
Indlanap<ills, IndianaFire Department 73-lOB.
Lonn7;Vl0».
Southern Park 7 3-lOs.

CO., Private Bankers,

*:

_

Consolidated mortgage
Frankfort. Indiana-

Investments. S'^^ifd ^^rSoTen?.'""Bank and oher Stocka Bought and

10a.

ST.,

Receive deposits subject to cheque at sight and
allow interest on daily balances.
Government, State, County, City and Railroad
bonds constantly on hand for sale or exchange, and
particular attention given to the subject of invest-

„
„
Railroad Co.—
& Mlchlsan „

School

Merchants' Nat'l Bank,

Collections

7.S-10S.

Danville. Indiana-

MOINKS, Iowa.

NASSAU

Transact a general banking business, including the
purchase and sale of securities listed at the Now
York Stock Exchange, or in the open market.

Cind'nnatTu'iSond& Chicago Railroad Co.Flrat .MortKase 79.

J.

Co.,

:

Company-

Allesheny Valley Hailrood

Columbus. Indiana-

QAOaTlSVlBir^KSTaX^Dsa

&

Ives

S.

ADVERTISER

Nos. 16 AND 18

Broad Street,

Transact a Qeneral Banking Busine.

(IG Years old)

holding a position of trust in the Metronolium
Bank for tblrly ymirs. wishes a similar position In
some financial institution or corporation. Best New
York references, including directors and officers of
the Metropolitan National Bank. Addres".
-*

WM.

H,

COANBY, Box 486, City.

F«»Il ^A LE.-Tloibcr and Mineral Lands. Farms
Ranches, Winter Homes, in all Southen States
and In Mexico. Colonies located. W. R.STUART,
Land Agent, 62 Carondelet St., ^ew Orleans, La.

Branch Offices:
OonnecUd by Private Wires.
Philadelphia, 133 South Thiid Street
Albany, N, Y., 65 Statt- Strc. t.
Providence, R. I., 13 We-stuimater
Saratoga, N. Y., Grand Unitn Hotel
!

xmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTIXa THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATEa
Enti-red acrordlng to net of ConRres", in the year 1884, by

VOL.

Wm.

B. Vx^a. 3c Co.. In the ollioo of the Librarian of

SATURDAY, JANUARY

40.

NO.

1885.

3,

CI

CongroM, Waahlnston, D.

1,019.

CONTENTS

and Providence and Lowell figures are also better, but their
reported exchanges have been more variable.
THE CHRONICLE.
Still another feature of these clearings which needs explana1 Dcoldort IniDrovement In Our
Clearing-HouBO Returns
is the large decrease in the total in both years from the
tion
Forcian trade
6
2
Flniindal SlluatInu
The Flnnndal
o previous week's figures.
This is due in the first place to the
Rotrospect of 1881
The Kant Teniies^^w VlriiiiiiBiS:
and Commercial
4 Monetary
OeoTKla FniicUiiK ScUi'ine..
on
account of the Chrifitmas holiday,
returns,
that
the
fact
News.........
18
English
The a)u»[o (DDKifiMi and the
-..
5 Commercial and MlaoeUaneouB
Nicaragua Cauul
cover only five days, and in the second place to the circum18
News
I

I

1

|
|

i

.

I

j

stance that business transactions during the closing we-k of
the year are always restricted. Presented in our usual form
the details from the different cities are as follows

%\xt (£^\xxomcU.

:

Thm Cojcmbbcul and Fisakcial Cheosiolb it pvblUTied in
New York every Saturday morning.
(Bntered at the Poet Office.

New York, N. Y., as seoond^jlaas mall matter.

Weelc Ending Detembtr 27.
1884.

IN

ADVAN ZZ

i

t40S,381,823

Bubsciiptlons will bo continued until deftnitely ordered to be stopped.
Thepul)ltHlier8 cannot bo responsible for remittances unless made by
Drafts or i'ostOlliif M<moy Orders.
A neat lile covir Is turni.shed at .^0 cents; postage on the same is 18
eeuts. Volumoe bound for subscribers at $1 00.

The

Commkhcul a.vd
Euwakds & .xjiith,

otllce of the

U with

Messrs.

•abscrlptloiis

Ensland.

and adTcrtUmueuts

Fjnanci.vl Chronicle

WILLIAH B. DANA.
fOHN O. FLOVO.

)

15,

(1,075.921)

(447,500)
(19,996.000)

(27,161,000)

»53,9S5,754
3.744,100
1,I6S,929

New

Lluven
Portland

Exchange

WlttlAMJB. DA1V.4. & Co.j_ PublUtiers,
79 & 81 William Street, NEW YOKK.
yiJUT OFFICE Bos. i)^4.

The
which

first

feature

of

this week's

by the decline

and not by any check

in ordi-

nary business transactions.

Thus, for instance, sales of .stocks
fell off 36'4 per cent, sales of cotton 12'1 per cent, sales cf grain
26-4 per cent and sales of petroleum 10'3 per cent. Taking Stock Exchange transactions alone, they represent a
market value of only 162,273,000, against $109,006,000 for the
corresponding days of 1883, and if we made the usual dedtiction of double these amounts from the total clearings, the
exchanges otherwise arising are seen to be $383,815,823 and
Now if from
$406,781,739 for the two years respectively.
these totals we were also to deduct the values of the sales of
produce, &c., given above, we should, as stated, probably find
little difference for the two years in the ordinary business
transactions of the city.

+;-8

-151

1, •-'34,271

-21-3

-7-8

1,10 .',860

-51

—390

827,018
718,957

-181

683,034!

501,376

—12-2
+5-6

-61

+B-1

|61,972,b68

(61,342,990

+1-0

(7S.3ill,313i

+0O-4

133,950,649

-171

(49.362„\'58'

-22-8
-9-2

6,817,280|

Totals. England,
Philadelphia..
PlttsburK

906,8991
1,021,44'

-22-5

704,0291

9,828,338

140,941,230
8,600.738
10,180,377

11,71*4,949

-17-7
-28-1
-12-7

»49,818,7V4

|59,703,3ai)

-16-6

(67,9i4,7s3|

-181

»33,074,584
7,201,950
8,121,580
2,053,600
1,388,906
1.680,174

(37,149.546
7,893,050
2,914,708
2,5t7,3S8
1,379.539

-11
-0-4
+7-1

(45,038,939
B,6»l,500

—4-9
-5-8

3,878,693

-t-3-7

-19-4
+00-5
-00-0

2,314,875
1,416,235

—220

0,833.78'

Baltimore
Total Hlddle.

Uetrolt
Irdlanapolis

...

Cleveland

St.

New

1,191,329

-56

733,068|

931,030

-220

1,483,150
886,815

(30,35(1.219

(63,480,771

-0-3

(87,430.848

{12,604,949
482,224

—la-a

(14.412,.')et

-lf2

554,25s

—21-9

—281

+48

11,450,597
4.018,510

-H8"'?

3,880.908

-6-3
+24^5

+15-8

2,228,081

+431

1,542,133
(31,518,'; 70

(31,616,473

-0-4

(36,3tt,96:

$7,S49.354

(10,261,603

—23-5

(11,894.123

(6O0.H7«.80fe

(843,240,035

—27-7

10,2«4,1S3

Orleans

Louisville

3, •.91,343

Kansas City

3,341.9S8

Memphis
Total Southern.

San Francisco
Total

all

1,660,181

-26-7
+1-4
+2-5
—31-6

1,127,278'

(14,059,555
582,237
0,763,809
3,082.366
2,347.000
1,331,480

Joseph

-17-S
+5-4

""-5-9

— ll'S
+13-3

~'«1

(820,098.70

The returns received by telegraph from some of the more
important cities for the five days ended this evening are less
This is due in a
satisfactory than during preceding periods.
great measure to the fact that while last year's figures embrace
the period from Dec. 31 to Jan. 4, and therefore cover many
yearly settlements, this year's totals are for a period two days
earlier, and coidd not therefore contain any transactions of
Five Daya Ending Jan.
1885.

;

we remember

(408,86'2,455

.

Kngland States and in those we give under the name of
Southern thete is a considerable improvement.
Boston, we
notice, has for several wteks shown better than a year ago,

(69,019,827
4,305,400

—1-4

a loss of only 7'7 per cent and when
the decreased speculation in stock.s and produce New York
everywhere prevailing, and the lower prices which rule, these Sales of Stock (»(«.)
Boston
figures indicate a very fair business in progress. In the New Philadelphia..
year, repreeenting

(52,011,000)

+2-4
+8-8

408,090

The next feature of intent is that outside of New York the that description.
week's clearings for the two years are not very discimilar,
beuig $201,516,98.") this year, against $318,446,296 same week
last

1,376,2891

(-190)
(+12-9)
(-0-9)

675,0661

is

in speculation

»52.744,870
3,506,300

(513,000)

4.'i2,962

Milwaukee

statement of clearings

(1,915,850)

(33,120,000)

Lowell

the decided falling off in the total Columbus
at New York. A decline of 34-6 per cent compared with last Peoria
Total Western..
year is a very large loss, but if we go one step further we find
that this loss may have been, and probably was, wholly caused St. Lou(3
arrests attention

-209
(-20-7)

Sprlntttleld

Worcester

Chlcatio

CLEARING HOUSE RETURNS.

(868,051,647

836,496
813,878
645,587
eW3.162

Cincinnati

'

(1.880,751) (-36-4)
(509.000)' (-12-1)
(27,lHli,000)j ( -28-4)
(30,2(16,000); ( -10-3)

in

1 Drapers' Gardf-ns, E.
will be talten at the regular rates,

and siuktlft copies of the pap(»r supplied at Is. each.
The ollice of the Chroniclb in Liverpool is at B
Buildings.

London
C. where

$624,793,739

Saka of—

(Stocks
shares.)
$10 20
For One Year (including postage)
(.C.itton.... bales.)
6 10
do
For Six Mdntlis
{Qrain
..
.bushels)
£2 7a.
Annual subspription In London (Including postage)
CPetroleum..bbls.)
*1 Ss.
do
do
Sixmos.
do
in two Boston
once
issued
Supiilement,
the
Investors'
These prices include
months, and furnished without eiti-a charge to subscribers of the Providence...
Chronicle.
Hartford

OflBres la

20.

PerCemt

I

New York

TERMS OF S'J330RIPTIOM-PArA3LE

Week EruUm Dec.
1884.

1883.

Baltimore
St. Louis
T*UI..

.

1884.

3.

\Per Cent.

-34^3

(814,019,832

(1.155,89«)

(1,466,738). (-21-2)

68,104,128
32,139.170
9,133,104
10,287.402

65,012,581

»51'.i.«lfl.«59

14,030.855

+10-3
-37^1
-22-B
-2e^a

»7.V5.a»9.8l6'

-!H1

1

Bl,128,840[
10,80O,4.'B

Five D'v< SiKl'v
1884.

(336,646,688

VteS»

PerCtnt

-«f4

(-867)
-00-8
42,67B,300
(871,066)

27,620,310

-irs

7,786,864
I0,S13,B«?

-6-8
-V!rS

•4'>a 8'<rt,stM

-90-3

THE CHRONICLE.

2

THE FlNAtiClAL SITUATION.
Street without any very

The new year opens on Wall

Values have recovered
deSnita signs of improvement.
somewhat during the week, which encourages hope, as
©very one knows that a permanent change in the course of
the market must

Uke

place

some

It is also

time.

a fact

[Vou XL.

arrangement they have entered into respecting producThe allotment of the .30 million tons to be marketed
tion.
year (all but the quota, 8 per cent, assigned to the
Pennsylvania road, about which it is claimed there will be
no difficulty) seems this week to have been definitely
this

satisfactorily arranged.

and

the sales

may be made

is

But

as the price at which

not limited, each

company

is

at

iavoring recovery, that the range of prices for so many
liberty to accept the best offer it can obtain, and that
Another circumstance of even greater
securities is so low.
leaves the revenue of the leading roads (so far as affected
significance is the condition of our foreign trade, which,
by lower rates for coal) uncertain. Thus the question
if it does not result in an import of gold, will at least
whether the country can consume the entire production
prevent its export, and defer therefore for the time being
becomes an important one and the answer to it (in case
the threatened disturbance to our currency through the
there is no change in price) depends wholly upon whether
coinsgeof silver dollars. Still another hopeful sign is
there is to be any considerable renewal of business activity.
our home trade, which has adjusted itself to the loss in the
It seems reasonable, however, to assume that a lower range
capacity of our people for consuming goods by economies
of values will prevail, inasmuch as the amount fixed to be
in production and short time, until now on a much lower
mined is believed to be about 1^ million tons more than last
basis of values than prevailed a year ago. it is giving some
year's consumption, while our manufacturing industries do
evidence of a more prosperous future.
not start the year running on as full time as at the beginBut though trade may and is likely slowly to improve, we
ning of 1884. In fact the new plan must have been devised
see no reason for anticipating any very marked recovery in
to meet that anticipation, otherwise the old system of reguconsumption until enterprise receives a new impulse. It
lating prices by keeping production on a basis permitting
was the stability and safety specie payments ensured
But it should not be forit, would have been retained.
which induced the rapid construction of railroads, with
gotten that the tendency of lower prices is to encourage
the consequent activity in their allied industries, that gave
consumption, first by supplanting other fuel and finally
Tis our late prosperity, putting all the productive forces of
by enoou raging and benefitting generar business, both
the country at full speed.
Similar confidence and enterbeing agencies working in favor of the roads, the first
prise are needed now
yet so long as this silver question
moderating the decline in prices of coal, and the latter
continues unsettled and the uncertainties it encourages
not only helping in that direction but also increasing gen.
remain, foreign capital will fight shy of us and home
:

capital will take but short flights.

That seems so evident,

eral traffic.

The unsettled differences in pooling arrangements also
and business development appears now so closely dependcontinue to impart a daubt as to the earnings of a large
ent upon the removal of thi.s uncertainty, we had thought
number of roads.
So far as the trunk lines are conCongress would soon be induced to grant the relief
cerned, there appears little reason to e.xpect an immediate
Beeded.
We are losing hope, however. A belief preadjustment; in fact, so long as the contest Jbet ween the
vails that the only kind of measure which has any chance
West
Shore and the Central continues, any hope of settleof success in the House (and even that has but a narrow
ment, judging from the present outlook, will have to be
chance) is a three years' suspension of coinage a measure
dismissed.
What will be the limit or result of that contest
that would have about the same effect on the industries of
it is also idle to attempt to answer.
The generally received
the country which a few months' reprieve would have on
opinion is that it will end only with the foreclosure of the
the spirits of a man sure to be hung in the end
relief
might be felt, but it would be very transient indeed, for the West Shore mortgage, and what difference that will make,
unless it results in the transfer of ownership of West Shore
old dread could not fail to return speedily.
As the year
has closed this week, for the purpose of making a record to the managers of the Central, it would be equally diffiIt is possible that the drop in the price
of the workings of one provision of the silver law, we have cult to determine.
of the bonds to 37f yesterday, in face of a rising market,
prepared the following from our weekly table which indicates each month's receipts of customs at New York is a symptom of an approaching end, and an indication of
during 1884 and the kind of money they were paid in. some new development soon to be made.
There is likewise no little friction between associations in
The reader will see at a glance how rapidly silver certifi

—

;

cates are supplanting

all

other kinds of payment in deal-

ings with the Government, and can draw his own infer
ences with regard to future results, as we have not the

room

in this

column to indicate or discuss them.
DDTII!8 AT KBW YORK

MOKTOLT B»C«UT» OF CUITOIIg

Paymentt moAe

ToUU Avtta
Oold.

tll.TacOM
lS.0a4.8l I

lt.41M.7H0
«.84a,S«ll

9»»xn

i

1

•,4Se,M8
13,106,338

'

K3M.1M
Ii.ae7,«a8

l03tt.lS3

{
'

M8BM1
TdUI.

vnjtmfiee

in*

flold

ncHvd.

I

V. H. Notu. crrU/lcata.

»«e7.ooo.
288,000
>04.000
S44.0C0

.1884,000
»»»,000

miver
ctrtlfcaUs.

t7,8M,000

t2,a»3.00U

8,148,000

2,081.000

i,SM>.ooa
1,844.000

IK 1884.

,

0,997,000

S.019,000

S,673,00a

2.648,000

3l«.000

1,834,000

4,^1,000

M0.000
M«.oao

«.00«,000

3,784,000

3,!86,0a0
8.342,000

*,3sa.ooo

6.313,000

4.asi.ooo

lOO.OOO
103.000

3,481,000

5,073.000

4.164.000

4.180.000

8,S»7.000

8,764,000

183,000

4,800.000

3.4S3.000

3.341,000

148,000

a,i)«».ooo

1,4IS,000

140,000

3.037 .000

1,480,000

3.257.C00
8.65B,000

88,160,000

39,893,000

3.033.000

I

j7.007.000

Another influence imparting as the year
opens a degree
of unceruintj to Wall street intereste
is the attitude of
the coal carriers with reference to
the coal trade, and the

No

other quarters.

made by

been

arrangement, for instance, has yet

the Northwestern

traffic

association with the

Wisconsin Central, the association having
journed sine die, which, as we understand

week admeans that
the pool has suspended.
So, also, the roads running South
from Cincinnati appear to have made no progress towards
settling their dispute.
On the other hand, it is announced
this week that the Colorado association has been extended
four months, and it is also reported that the difficulty between the trunk

line

this

it,

committee and the Trans-Continental

association with regard to through freight to the Pacific has
been satisfactorily adjusted. These last two are favorable

but taking the whole situation together we cannot see
disposition prevailing to arrange disputes that we
thought apparent a few weeks since. And yet as this is a
facts,

the

same

matter so very largely under the control of a few leading
railroad managers, a change may occur almost any day.
There have been widely circulated reports this week to
the

effect

that

London was

We

selling

American

securities

have not been able to verify them,
though the condition of foreign exchange fot several week->
here

freely.

Januaky

THE CHRONICLE.

195*5.)

:;.

'ling

back, iioiu

ow

large trade balance,

makes

ii

been in
easy to believe that a inoveinent of that kind has

in brief of

fore, for

is

a statomont

however, that will

and exports

inurchaiidise imports

ASD 1MPOBT8 OK

KXI-l>HT»

more

wo givo our

months ending with December

five

not improbable that further demands
Bank of England.

Ist,

for tho

main

in

look, there-

in

doubt for the present at
is

because of the

least,

regarding the disposition

noted

balance

bills which our large trade

MliRCIIAMOISK.

We

What effect,
London.
have pn our exchange market must remoney

active

uncertainty there

for six years.

may be made on

that account upon the

In another column

pronross for some time.
usual trB<ii) review for Novoinbor, but below
tlio

it is

3

made

of tho

above

pro-

duced.
1881.

isas.

1882.

1881.

18S0.

m79.

ilrrclianilt
E.vtHtrIt—

July.

»0,'-Hl ."T-n' 7!,i>I!>,fSf

.

a2.8S4.(m

ASAia.ntsI M,BI7,B41

M.Rsfl.fi;'

M.IKI-'.Tln,

Auji'i^t

1@H

Brokers' balances remain nominally at

Reports from tho interior show a better

movement, tho recent

for the grain

demand

per

for

cent'.

money

falling off in receipt*

5.i.4i»,05a| na.H.n,

—

O^tol er
Ntvoiiibtr.

.

71.ai7.M7!| 7;i.O0»,SlS, 71

..-.

oil.4Ui'

7ll.08-'.';83

8'l,l)((..,.'i«)i

.OP.;,

78,-nil,:li:il

.ISil.MU 3.iJ,«aS,154 Slil,!M8,»bliall.ira,.KU2

e9,804.Rra{ 60.980,930
68,«33,7ai

66.ll3.i;M

fil, 180,414

(Sl,i!W\7ia

oo.eau.uiu)

51.713.4;))

4,M~J.7i>3

Here we see ihat the mercbandise balance in Noveinbi^r
was over 33^ million dollars in 1884. Probably it wa.s
also about 30 millions for December, and since tho reUirn.s
give over 19 millions in October the net total for the last
thiee months of the year reaches, say, 82 million dollars

As we have

this country.

in favor of

usually allowcil

of wheat from the extreme Northwest having caused such

an advance

induc« selling by farmers ia

in price as to

There has also been a good inquiry for
funds from the pork packers. The following statement,
made up from returns collected by us, exhibits the week's
receipts and shipments of gold and currency by the New
Other sections.

York

banks.

Weik

Endim

Jan.

2,

Becnvtd bv
N.T. Bankt.

1886.

Cnrranoy.
0oia

Net Interior

I2,5ir>.000

$200,000

2,515,000

»l,32l,000

•1,121.000

Total gold and lexal tendon

Movtment.

W.r. Banla.

(}sln .t2.S15.000i

Loss.

.121.0M

Gain..tl,lSl,OGO

*$1, 121,000 of this was transferi-ed In the sbapd of sliver oertlfloates
fleposic of gold ia tbo Sub-Treasury.

by a

The above shows the actual changes in the bank holdings
about 10 millions a month for interest due Europe ami
for undervaluations and freights, there would be about 50 of gold and currency caused by this movement to and from
The long sterling that the interior. In addition to that movement, the banks have
millions still left to he settled for.
has been purchased for investment has temporarily dis- lost $300,000 through the operations of the Sub-Treasposed of a portion of this; but these figures would incline
one to believe that securities returned mus; be set oiT
agaiiiSt a

good part of ihe remainder.

These reports as to sales by London, which, as we stated,
were current this week, rumor says were induced through
an unsettled feeling caused by the passing of the Ijaki;
Shore dividend. That statement may well be received
with doub", as

it ;s

or investors at

absurd on

home

its face.

Very few operators

ury.

Adding

this to

the

above,

we have

following,

the

which should indicate the total gain to the New York
Clearing House banks of gold and currency for the
week covered by the bank statement to be issued to-day.
Vuk BnMtm
SaDlca' Interior

Jan.

into Bamia.

2. lt»S.

Movement, above,

OMo}

or abroad could, under the circum-

leffal

Bank

»2,515,00C

11,321.000

$2,515,000

11.821.000

300,000

deb- Treasury uperatlonc, net

Total ROld and

BanJa Net Chan^ in

tenders

Holding*.

Gain, tl.104.000
300,00«;
Loss
Gain.

894,000

have expected a dividend, as it has been known
The government bond market has been active and
earning
it.
road
was
not
time
that
the
for a considerable
Strong this week, the demand coming chiefly from tempBesides, if there were no other cause disturbing confi- orary investors, and from some speculators who look for
The market is
dence, a large body of stockholders could not be induced an early passage of the McPherson bill.

stances,

to part

of

with their holdings (not only of that property, but somewhat bare of bonds, and any urgent inquiry causes
others, for such was the rumor) at a time of great sharp advance.

a

many

The report of the European banks was not fully comThe real secret of tlic pleted until Saturday last week, owing to the interventransfer of capital to Europe from America (if such a tion of the extra holiday on Friday.
For the purposes of
movement is in progress as the exchange market in view reference we give here last week's changes. The Bank
depression in business, on a simple omission of that kind,

due

of

the

to a

the

temporary

loss of traffic.

trade statement would

silver

coinage

law

action of that iutluence as

it

;

indicate) will be found in

simply

is

we have

the

natura;

often explained.

I'er

haps the volume of the movement has been increased jus:
now, as

this is a period of tho

make changes

England reported a

loss of

£435,843

This rep

bullion.

resented £240,843 sent to the interior and £195,000 to the
Continent.
£200,000 went to Austria, but the net Continental

movement was

as stated.

The Bank

of

France

year when capitalists as well

as merchants are apt to look over

infrequently

of

their affairs

in investments.

lost 3,140,000 francs gold and gained 1,600,000 francs
and nor silver, and the Bank of Germany had a decrease of
This week the Bank of England
17,674,000 marks specie.

Yesterday foreign exchange was marked up -i cent. shows a gain of £192,822, representing £33,000 received
The market had been very quiet previously, with an frox abroad, and £159,822 from the interior. The Bank
indisposition manifested by bankers to trade.
We sec of France, in the same time, lost 13,030,000 franca gold
that the Bank of England lost last week X4 35,81:1 and 6,003,000 francs silver.
The following shows the
bullion, which cai'ried
the proportion of reserve
tu amount of bullion in the banks this week and at the corliabilities
down to 37 13-16 per cent.
This. week responding date last year.
it has gained £192,82« bullion, but on account of otho:
changes tho proportion is further reduced to 33| per.ct.'n:
These facts doubtless have had an influence in the advance

in exchange.

January
Oold.

We

have not received the quotation vi
to-day's rate for money in the open market at London. Bank of England
Bank of France
but more than likely there is a better inquiry there as
Bank of aenuauy
a result of the resumption
financial troubles at

of business.

Vienna appear

Besides,

the

to be increasing ;yid

Total tliia w(«k
Total provliiiif wt»4>V

1, 18V 5.

SUter.

January
CtoM.

3,

18!

4

SUver.

S
21,437.3620.695.436
40.066,760 42,13 -..554 38.082.136 39,838.79*
6,725,000 10.17.'.,000 6,1582,000 20,i>3S.OOO

67,477,256 62,310,554 06,441,501 H0.77»<,79&
Bl."3fi,077
if.-S'O 71

[Vol. XI..

THE CHRONICLE.
And

we

here

find

suspension.
and cause for the present
reasons to sustain the course purstrong
and
abundant
the week, and the Assistant
$4 939 for foreign bullion during
the Custom HouseTrUsurer received the following from
the earnings of the road have been
for domestic bullion

The Assay Office paid $263,443

the

^"^In

OontUting of—
DxUiti.

JtaM.

dold.

Deo. 25.
••

28.

It

»«*

05
94
44
37

$322,170
207,542
331,332
4G6,S08
389.799

" 28.
" 30.
" 31.

51

$1,717,771 31

Total

V.8.

Oold

Silver Oer-

IToUn.

Oerti/Uft.

tifleata.

Holi day
$4,000 $121,000
90,000
4,000
126.000
4,000
139,000
4.000
171.000
6,000

$35,000
21,000
34,000
122.00J
93.000

$647,00<.>

$305,000

$22,000

THE FAST TENNESSEE VIRGINIA
GIA FUNDING SCHEME.
Among the
payments

ICT.OOf'

201,000
119,000
$7-11,000

GEOR-

d-

of interest

Georgia attracts chief attention.

&

and

in the second place the

falling o£E (before interest

margin for a

payments became endangered) was

operations as a basis.
not large, taking the late fiscal year's
(ending July 1 last) the net earnings were
$101,000 In that year
93,000 $1,700,314, and the company had to pay $1,402,995 for

roads that have decided to suspend cash
with the first of this year, the East

Tennessee Virginia

place,

first

falling off lately,

interest

In the current

$247,701.

leaving a surplus

taxes,

for

$49,G18

and

of

year the charge for in(including interest on car

fiscal

on the funded debt
the new debentures) is $1,480,833 according
and
trusts
last report, and $1,476,506 according to
company's
the
to
Using the former amount,
the circular issued this week.
terest

the increase on last year

$77,838.

is

Hence the surplus

on the 1883-4 operations would be

of $247,701 existing

diminished in that amount, that

is

Now

to $169,863.

how do

on

the earnings thus

narrow margin as this,
the road have issued a circular to the such a
giving at far compare with those of the corresponding period in
column),
another
in
print
we
(which
bondholders
The company's circular discusses this
tliink that the previous year ?
length their reasons for the step taken, and we
general
way, but from the monthly figures
in
a
only
impressions with point
this will help to remove many erroneous
up the following statement.
made
have
we
furnished
us
previously
regard to the company's position that had
is
there
that
gained ground. It is undeniable, however,
directors of

The

much disappointment and some

was thought that the road could go
depression any the more readily than
of
through the era
a large amount of new mileoperating
roads
other
most
age, but simply that the action of the managers in providing, under circumstances of great dilEculty, the money
needful to meet the last coupon, had infused (and justly)
an unusual degree of faith in both them and their enter-

sued.

Not

that

Qrou

surprise at the course pur-

NoTember
Totals

In every month thus
ings have

It will be remembered that in the critical period succeeding the crisis of last May, when it was almost an
impossibility to raise money on any kind of security,
and when many railroad companies had to succumb as

shown a

alone the loss

the

falling

in net

that already the

far,

is

as

278,037
312,723

311,784
802,564

369,311
412,289
380,180

SM,434

1,752,540

1,0:14,010

455,593
409,085

therefore, the
ofi,

%

*

t
July

1883.

IffM.

188S.

1884.

it

prise.'

Net farnfnjf.

Earnings.

IfontTu.

and

much

in

200,903
149,045

137,345
178,048
204,988
236,476
183,816

724,609

940,667

90,181
12-1,697

159,201

.

company's earn-

these

five

months

It follows

as $216,000.

margin of $170,000, which remained on
been $46,000 more than

1883-4 operations, has

exhausted.

So

it is

clear that the

company could not earn

a consequence, the East Tennessee found itself encum- full interest in the current fiscal year, unless indeed the
bered with a troublesome floating debt, with large inter- earnings of subsequent months should show an increase
est payments maturing the 1st of July, and with the over the previous year, which, however, the indications at

and promoter of the enterprise, as well as the the moment do not favor. Moreover, the directors state in
which he represented and which had the circular that they do not think it wise to estimate
In either the 1885 or 1886 net earnings at above $1,400,000,
many times aided it, involved in bankruptcy.
this dilemma certain influential members of the board or $300,000 less than in the year ended June 30, 1884.
chief friend

banking

came

institution

the

to

rescue

plain

$1,200,000

the

of

debenture

road,

bonds,

subscribed
unsecured,

for

pay-

same 100 or full par value, though the
bonds then commanded only
about fifty cents on the dollar, and thus relieved the
management of a pressing necessity and at the same time
made it possible for it to meet the July interest payments.
The action of the directors was so unique in this respect it
happening so seldom that members will apply their own
resources to sustain the property with which they are
identified
that we deemed it worthy of special comment
and praise. Now, however, that the next coupon has
ing for

the

company's

consolidated

—

—

been defaulted,

this action

different look, and, as

there

is

many

appears

to

faith.

disinterestedness,

and

But we are

there appears nothing to

we think

its

justify

matter of expediency, and
it

annual deficiencies, the
it is clear was a

all

things considered

we

think

best that the directors finally decided to state the case

plainly to the bondholders

good policy

and ask their indulgence.

It is

not

to increase liabilities in times like these, either

for the purpose of paying interest or dividends.

It

must

be remembered that when the money was borrowed last
July the circumstances were different; then the interest
on the bonds had been more than earned,
ful whether it can be.

now

it is

doubt-

January interest, harmonizes with the statementmade
July that the taking of the debenture bonds had virtually extinguished the floating debt.
If at the beginning of
to the
last

free to say that to
such a charge. In the

that their latest action, in the absence of
self-preference that it displays, is on a par with their
fact,

this prospect of successive

But it may be asked how the statement that the company
wear a has only $50,000 cash on hand that could have been applied

natural under the circumstances,

a disposition to question

even to charge bad
lis

is

to

With

question of paying the January coupons

fiscal year, it will

debt,

why

be argued, the company had no floating

are not the full net earnings that have since

accrued on hand and available for this purpose ? In five
submitted proposes not only to months the company earned net $725,000, and if the Decemdefer cash payment of interest on the consolidated mort- ber net should be no more than
$100,000 (against $131,000
gage bonds, but also on the very debenture bonds that the last year) here would be $825,000 with which
to meet the
directors took at par only six months ago.
In view of $597,835 interest reported as due January 1. Of course in
this evidence of good faith and considerate treatment,
it is the interval between July and January the company had to
only fair to seek in the condition of the property itself
a meet certain interest payments maturing in that time

former

action, for the plan

January
about

8,

1*5

$l.'!">,000

THE CHRONICLE.

]

—and that would cut down

wo shouM judge

tho $82r),000 net earnings correspondingly; but apart from

that sort of reasoning

this,

is

defective, because

it

bonds, and the same on the

mortgage

bonds, and

assumes debenture

bonds.

also

k

Cincinnati

two

Certainly, there

(Joorgia first

interest

years'

on tho

nothing unfair

is

payments are the only paymenta that the com- about the proposition.
A year's interest on the
There are, for instance, over a million consols amoimts to $733,700, on the debentures to
car trusts outstanding, and, on these, payments on account $72,000, and on the Cincinnati & Georgia bonds to
or $925,700 together.
Thus the company
of principal, as well as of interest, have to bo regularly made $120,000,
that interest

pany has

to meet.

What the amount applied in this way in the last could apply that amount of not earnings for two years
months was wo do not know, but seo that in the coiii- to improving the jjroperty represented by tho bonds and
Then when the
pany's circular the amount due in tho calendar year 188,') raising its standard and efficiency.
as principal of car trusts and bonds is stated at $280,954. revival in business comes, as it undoubtedly will come,
But more important than all are the current require- the road would be in excellent position t") do the
ments for additions to the property, and improvmonts. We increased work required of it, and the security holders
do not of coui"so mean new extensions or mileage, but would reap the rewards of their prasent concessions. In
simply the essentials needful to carry on properly the cur this view, there would appear to bo little reason for comThe East Tennessee system plaint at the passing of the January payments.
rent operations of the road.
is made up in part of entirely now road and in part of
THE CONGO CONGRESS
NICARAGUA
road alBicted with old age. The former is, of necessity, imeach year.
six

AND

and requires constant additions

perfect,

a station

;

may

CANAL.

be

What kind of a government do our people wish for in
while the old mileage to do
work imposed upon it must be replaced with better the future ? This is a practical question that seems to be
materials and supplied with better structures, tracks, suggested by propositions that are now before the Senate
bridges, &c. Tiiese are, to be sure, expenditures on capital for discussion, and by events that are at present transpirThey have nothing to ing. It 13 quite possible that a partial or an absolute
account and should be so charged.
do with current earnings. If the times wore good, or the change is desirable. We may have pursued a peace-loving,
needed here or a siding there

;

the

company's credit were good, the money required for

this

non-interfering,

humdrum

sort

of

existence long enough,

But neither Con- and a more brilliant course may be preferable now, involvMoreover, the company ing contact with European politics, colonial settlements in

purpose would be readily forthcoming.
tingency, unfortunately, exists.

has no

available

collateral

frankly

must

of

We

notice

either,

made

be

necessity

the

as

and

Hence, betterments

states.

out

of

i

circular

other parts

of

the

world, the defense

of canals built in

mprovoment.? foreign countries, a large navy and army, permanently

net

earning,?.

heavy taxes

—in a word, an establishment as much

like the

on
had to be spent for now construction and American soil.
equipment, and the circular states that $1,117,217 will be
Such a change as this would involve, is, to be sure, radirequired for this purpose in the years 1885 and 1886. In the cal.
Yet the dashing sort of career it opens up, has its
last report, Mr. Henry Fink, the general manager, was very charm; the influence it brings, has its fascination; the trade
urgent in pressing this matter, and devoted considerable it ostensibly fosters invests it with an air of profit;
space to pointing out the needs of the company in the way and altogether it has enough in it, that is at first
of replacing "old iron rails that are wearing out rapidly," sight
the public dismissing
prevent
agreeable,
to
renewing
some of the most important bridges on the the suggestion without consideration. But what we parmain Une and on the Alabama Division," completing ticularly dislike, and are sure is unwise and impolitic, is
"terminal facilities at Atlanta and Macon," putting up the entering upon this new policy without notice or discusshops and stocking them with tools and machinery, erecting sion, or rather the sliding into it almost unconsciously as
engine houses, providing yard facilities, side tracks, round as it were.
Thus, for instance, we appear in a European
houses, etc., etc.
Further evidence on this point could be Congress met to facilitate the colonial fovor just now
that

the

in

late

fiscal

year no

less

than

old

country governments as

it

is

possible to develop

$1,001,809

'•

eited,

but

is not,

It is also

we think,

necessary.

raging;

erroneous to suppose that

after the sale of

company was left
The statement made

the debenture bonds the

and

all

seems

floating debt.

to

have encouraged that

issued at the close

That

belief,

the

report

liabilities

report

July

1

$.548,968, leaving
the net total of the debt $458,895.
This is not very large,
'but the statement was that " the entire floating debt had

been provided

for."

What was

take a prora'nent part in

its disciLSsions,

any Our proposition was, of course, " shelved

at the time

of the fiscal year did not fully bear

showed current
of $1,007,863, with offsets to amount of

it out.

but

free of

we

meant, probably, was that

claim

a sort of right to be heard and join in the decisions reached.
"

—a sightly

dis-

couraging circumstance for a neophyte, though the dispatch curiously reads (a sop, probably, to our offended
vanity)

that

"

Germany and Great

Britain

supported

"America warmly."
But overlooking this mishap; which is comparatively
moment, one cannot but recall that our
little
we never did it before. In
action has no precedent
of

fact,

—

move quite out of keeping with our estabTo be sure, our trade is many times what
custom.

it

is

a

whole of the debt would be extinguished lished
bonds in question. It should be said, it was a few years ago, our wealth is developing rapidly,
too, that certain items in tho statement were of necessity our power to enforce our ideas has increased of late years,
merely approximations, and one error was developed sub- and it may be right, if Europe is about to cut up all the
sequently in tho fact that the net earnings for the months weak nationalities of the world into pasture lots, for us to
of April, May and June, then not yet fully known, have a corner in those now grazing grounds.
But if such
turned out smaller than estimated.
be our purpose, is it not due to tho conservative sentiment

substantially the

by. the sale of the

Under the circumstantes,

therefore, instead of criticis-

ing unfavorably the step taken

we

are inclined

to

com-

which has heretofore predominated in tho country's counto make the change doli"berately and only if ter a most

cils,

mend it. Improvements are absolutely indispensable, unmistakable expression of tho nation's desire for it
and the money to make them, as stated, must come out It is a bold leap where it lands us requires study. In
of net earnings.
The company proposes to fund four this case, aside from the general entanglement in European
coupons that is two years' interest on the consolidated politics, our presence and signature may imp'y an obliga-

—

—

—

THE CHRONICLK

6

[Vol. XL,

the shortest notice; for no nation at war with us
and
and with such a prize at stake, would hesitate to violate
now
forcing the arrangements reached and as there
It could be
colonial
the rights of so weak a neutral as Nicaragua.
the
like
promises to bo in the future no question
end,
so
we
would
water
at
either
be
required to
assailed
European
by
between
bitterness
one, for engendering strife and
tion to take part with Europe,

it

occasion requires, in enis

;

courts, one can imagine that the situation in that particular

might become a

little

embarrassing.

how

Besides,

can

posses? a navy large enough to meet other nations.

we land has

just

hereafter consistently shut Europe out of discussions and

improving

decisions of questions affecting this continent ?

would have

Then again there is that other proposition now before the
Senate, to take a slice out of Central America, build a ship

privilege,

canal through

we

fortify

it,

it,

hold

it,

defend

In that

it.

have a water route

own

our Pacific States

to

property, a channel through

;

which the world's

and South American commerce could

pass

;

;

B istorn

assert a kind

have a short path
to the Pacific

in

All

that certainly wears a fascin-

ating look, and yet the whole
latter privilege stated, involves

government

in our

—

it

during such a contest; that supposes

fortified,

always garrisoned, ready for a sud-

continue to hold

it to

be kept

den

attack; that necessitates

with

nation's,

a navy equal to any other

more numerous army than we have

a

we

!

facts,

we

repeat, is

not opportune to

it

And

firture ?

is

it

in the

not reasonable to insist that the

sense of the country should be taken on these very import-

so

we are irretrievably committed to a
much and so great a change ? "We

cannot believe the Senate has the constitutional power to
foreclose the nation from the right to be heard in this case.

and especially the

a most marvelous change

For passing other features
time of war implies of course that

policy.

the use of the canal in

we

plan,

suggestive of the rivalry

what kind of government do our people want

policy involving

time of war to transfer naval vessels

coast.

Eng-

millions in

Furthermore with our canal
we have taken the job of defending Nicaragua

ant questions before

of right over the Southern half of this Western Continent

is

2">

keep up.

to

In view of these
ask,

possess as our

which

hers,

against her enemies

way

wt'uld increase our importance in the world of nations

determined to spend an extra

thought desirable in the past; that leads to large government expenses, no let up in taxation and a gradual falling
into a condition of military dependence and

civil subor-

DECIDED IMPMOVEMENT

OUR FOREIGN

I.V

TRADE.
It is a long time since it has been our privilege to
record as favorable a trade statement as that transmitted

from Washington

And

the exhibit

In the

this

first place,

week

month of November,
more than one particular

for the

gratifying in

is

the exports, in the

face of low prices

reach a large aggregate, and prove heavier than generally
expected.
Then the imports have undergone most note-

worthy contraction, as we have predicted they would.
two circumstances have combined to prolikely will claim that we are overstating
results.
But we do not desire to, and let us see if we do. duce a balance in our favor that can only be compared
Consider for a moment, what would be the strategic with the balances reached in the height of our prosperity
dination.

Finally these

Some very

position with the canal built, in time of war. It is claimed
that it would be the key to the defense of our Pacific

States

but

—in 1880.

How

surprisingly favorable this result

is

will

appear when we say that the excess of merchandise exports
over imports amounts to over 33| million dollars in exact

—

it is the key for defense it is equally
the
and suppose it fell into the hands of the figures, $.33,602,874.
In these figures we have the basis for the low rates of
enemy, would it not become a source of infinite annoyforeign exchange that have prevailed all along, and, as
ance and weakness, not only to those States but to
the
said on another page, the wonder is, not that they have
Gulf as well? Besides, in these days, two nations
with a
been so low, but that they have not ruled still lower, perdifference do not wait for a formal declaration
;

if

Tcey for attack,

before pre-

paring or even
throat

in

its

acting.
last

Germany had Prance by

contest,

the

before France

mitting the imports of gold more constantly.
As it is, we
received only $8,183,130 gold altogether, and against thi.s
there were shipments to amount of $443,529, leaving
the net movement about
million dollars.
Yet, as

had realmore was at issue than a question
calling for a little brag and diplomacy.
If we should find
7f
stated, the balance on the merchandise movement was
ourselves in a similar dispute with England
and in a similar
over 334- millions, and in addition we exported $1,146,722
condition, can we suppose she would
wait for us to declare
^ar, build a navy, construct fortifications, or
more silver than we imported, which raises the balance to
recruit an
army before attacking and taking possession
nearly 34f millions.
It is clear that under ordinary cirized

that anything

of our canal

Thus,
J«tain

?

becomes at once in time of war (if
we
our weakest and most vulnerable
point we

if built, it

it)

by opening this passage to our Pacific
State's to
conduct the defense of the country
at arras' length, that is
way down in Central America; knowing
at the same time

electing,

that the moment it falls into
our enemy's hands, the
canal uncovers both the
Atlantic and Pacific coasts,
since
a hostile fleet stationed there
has it in its power to hold
the cities on both sides in
constant terror.
Great Britain
sWered at the mere suggestion of
building a channel
tnnnel; and yet we are such
dolts as to think of
building
this m.hUry waterway,
and let the whole fortune
of

hang upon our

war

ability to hold

it

cumstances on such a balance the gold imports would have
larger.
In fact, on a balance over ten mil-

been much

lions smaller,
It will

we

received in 1883

bo interesting

here

to

four millions gold net.

see

how

November

the

merchandise balance has stood for a number of years past,
as compared with this, so we have prepared the following
table.
Novemher.

•Tan. 1 to

BxcfM
Export*.

Jmportg.

Nov. 30.

of

Eiporti.

Bjtpartt.

Ittvporti.

Excess •/
Exporti.

I

»
1881..

7S.77n,0B8

1888
1832

TB.OTS.TSS
80,W18,520

.

»
l."!,!

7.1,792

5B.090,21(1

I85II..

70,071,491

IS80

fa.OOR.120
7P.81M.065

47,108,894
50,4H7,271

i

18":9

.

-t a3.802,874 85l,954,ii8S !;8a,079,84')
-|-S3,308.587|719.D54.703 fl33.090,47t)

-|-«S,S84,42«
I

-(-88,474,238
|

66,183,082
58,657,774

.

•i-35,7S5.838;B73,015,«30 093,343,158

—18.337.238

+13,413,717 7S6.4S7,4SB 812.8-1,83'' -H143,815,647
-(•35,809,226 790,793,208]«J9,431, 491 -|-14I..Sni,717
-f28,S3B,7H4 881,279.822 453.969.835 -t-890,279,9B7
!

"' ''' situation, does not wha^
Mn VT'T''
make
sufficiently evident that

h^ teen said
has

build the canal,

it

wo must keep

if

it

constantly in

most complete defense,
unapproachable

We

state of

Jt^dteatt.kedbyla;d:;;:iwe:erjdte
to provide for a
considerable

army

to be sent there

It thus

appears that in no Other November except 1880 was
the export excess so heavy as in the present
year,

that year

it

was only 2^ millions

greater.

millions above;thatof 1883. 8 millions
above that of 1882
20 millions above that of 1881
it is
;

on

and even

lions

above that of 1879.

An

in

The balance is 10
also nearly 5

and
rail-

examination of the figures

|
I

I

January

8,

revoals that

THE CHRONIOLR

1886.]

tlio

improved showing

this

year waa brought such an important part in giving us the large balance in
It has
November, it will be interesting to know that in December

about simply by a heavy reduction in the imports.

seemed

for a lonj? time as

our imports" would unlijrgo

if

important diminution, but the

totals,

though

exhibitiiiLj;

shipments

the

some As regards

(by

the

our

were quite as

figures)

lieavy.

New Vork movement

imports, too, the

—

month boon maiiiiniued seems to indicate very small totals for December smaller
Now, however, a change has rome, even than in November so that the promise is, that when
and in a very pronounced way, too. Instead of import, totals the December exhibit for the whole country is made up
up to .55 and 60 millions, we have, this month an a^^^^ii'gate at Washington, it will present another very large balance in
This, it will bo si'm, is our favor.
of only a little above 45 millions.
The following table shows the breadstufis and
a very decided reduction. It means importations m the provisions exports from each leading port during Novemrate of only about 050 millions ayear, against OfiO and 700 ber and the eleven months ended November 30.
millions before. We would have to go back a good many
KXPOHXa or BBBA»8TgKFg AND PROVISIONS FROM LEADIKO POBT8.
1S84.
years to Dnd a total for any m-inth as low as 45 millions.
1883.
Breadntiiffa.
Jan. 1 to
Jan. 1 to
Nov.
and a similarly low November aggregate can only ')< found
Not.
Nov. 30.
Nov. .30.
when we reach 1878.
4.130.390 51,590,853
5,103.082 61.939.235
This contraction was superinduced, of course, iiy.the Sow York
New Oiloans...
20.5,402
3,133,158
H79.686
8,119.273
Biiltimorn
1.315,060
3
5.056
9,
S
falling off that has occurred in the exports and by the
1.319,319 25.318.229
contraction, have until the present

—

at pretty high figures.

1

&c

Bo.<ti)ii,

general industrial depression everywhere prevailing.

perhaps even more influential to this end was and
fear about our gold

coinage of

and

its

basis engendered

Wih

silver.

by

legislative

be no great cause for uneasiness, <-\en

one of our products

—

silver

—would

if

Be-

be exported

in

amounts than now, and this would help to
us.
But with a premium
placed on silver and gold in effect undervalued (thus tend-

more

Other

ing to drive the latter ultimately out of the country), with
the trade

movement

by no means

against

in excess of

us.

and with a stock of gold

our needs,

—in

this condition of

2,V8S.UI3
1.237,30

i)ort.s

Provisions

Dairy

14.630.540
10,413.423
26,895,0.59

1,883.687

12.477,858

12,794.746,

14,718.121 159.793.617

and

t xports,

Ninv Orleans
Baltimore
BoHtoD. dit'

5.203,253

56.525,351
133,2(>3

6,193,.500
18,13!1

35,042

4H.1I0
1,173,287
1,0^2,842
46.274
767,3^1

9,269,4621106.891,362

Philitflclpliia

41fi,351

San KranelBCO
Other ports

3S,13G
419,206

402,1 r.'
12.566,827
5.913,717
43 7,303
8,751,581

7,201.716

84,733.684

*

815,656
3,666,2.-.l

1.530,410

11,012,53« 131,960,030

yew York

liberal

diminish any balance against

455,233

Total.

state,

restrictions,

imports should exceed exports for the time being.
sides,

the

is

the coii;inued

our currency in a natural

operations unimpaired

there would

by

But

16.717,365
7.724.443
1»,S 14,409

l.a.jO.iiso

I'liiUde.lpliia ...
San Frai»oi8(*o.

1, 080,1 fiO

ToUl*
Not Including

How

was

live stock.

this falling off of

exports brought about,

Not

tities ?

to

it

any great

$3,676,000 in the breadstufis

will

be asked.
There

extent.

By smaller
is

shipments of corn, as heretofore, but on the other hand the

— of 834,000 bushels,

shipments of wheat show an increase

stagnation of

the lower prices realized on the shipments.

all

business

interests,

they can not so be

quan-

a decrease in the

was precarious, and the need for
retrenchment in the imports imperative. Of course, in the
sense that the smaller imports defer the danger dreaded
and swell the balance in our favor, they are a favorable
But in so far as they reflect complete and utter
feature.
things the situation

73,500,252
106,105
1,369,886
15,036,158
8.307,0J5
480,515
8.091,621

which, however,

is

of flour (equal to

offset

it

may be

breadstufis

wheat).

On

said the contraction in the

exports

is

average per bushel

instance, the

of 98,000 barrels

about 440,000 bushels of

the whole, therefore,

value of the

by a contraction

almost entirely due to
<")ii

wheat, for

less than 79
however, leads tp a
removal of the main cause that promotes its existence it cents, while in November, 1883, it was close to $1 08.
will not have been in vain.
As it may be thought, per- The following table gives full details of the breadstufis

regarded.

If this industrial distress,

a

is

little

—

—

have diminished at the e.xpense of exports in quantity and value in November and since
we will say that though, the January 1.
DETAILS OF BRBADgTCFFS EXPORTS.
amount in bond has been decreasing, as usual at this seaQuantity.
Value.
son, the total on December 1 was still $.32,304,095, while
November.
1884.
haps, that imports

stocks in the warehouses,

1

1883.

a year ago
029,330,

had been only $28,276,924,

it

and

1882 $23,-

in

As regards the exports for the month, these, as said
make a very good comparison with o'.her years in
November. The aggi-egate is close to 79 millions, it wilj

bnsh.

21,425

biish.

1,847,021

Coru-meal
bbls.
Oats
bush.
Oat-meal .. .pounds.

2,222,514

Rve
Wheat

busb.
bush.

391,133

573.545

7,C0i'.l!U

6.775,43:

bbls.

721.915

819.48;^

Com

Wheat-flour
4|-

millions

When
is

only about 1^ millions below 1883, and but
below the very best year previously— 1880.

compared with 1881, the year of short

—

7;^

million dollars.

The

crops, there

large total

surprise, since the preliminary figures

of

is

the

breadstulYs exports for the

month had shown a decrease of
$3,075,585, and the provisions exports a further decrease
of $2,067,746, or $5,743,331 togeher.
But it is the cotton movement that

accounts for the

heavy

:ig;;regate

Of this sUplo we shipped no loss than 71)3,928
during the month, against only 640,782 bales in
November, 1883.
To be sure prices were somewhat
lower this year, but the gain in quantity was sufTiciont to
leave a very heavy margin, notwithstanding.
It was this
recorded.
bales

staple

overcane the greater part of the
in broj Ist.iil-i and provisions (reducing it to
total exports) and also a larger or smaller

certainly t!i%t

$5,743,331 loss

.$1,222,117 in

Joss in petroleum, for,
port, that

year ago,

. .

.

65.519
2,815,039
22,735
27.421

2l,l7ti
401,93.T

1.82!, 395

$
39.427
1,^95,169
70.031
12,090
49.835

10.467
1,021,537
66.508
80.104
63.478
253.692
6.01O.2S0
3,536,470

7,306,100
5,149.745

11,042,536

14,718,121

527,370

246,457
37,149.383
835,413

395.724

is

quite an increase

somewhat a

1883.

1884.

$
Barle.v

in 1881 only $23,830,703.

above,

be seen, and

1

according to the figures for

this

Total for mouth.
Nov. 3".
bush.
Barter
Corn
bush.
Coru-iueal
bbls.
Oats
bush.
Oat-iueal... pounds.
busb.
Rye
bush.
wheat
Wheal-tlour... bbls.
.Tail. I to

*

1

975,198
27.737,370
210,296
3,211,708
26,775,712
4,962,982
71.173.029

387.082
57.834.3

l,'.l

423.U9i
*

1

4.26.^.278

26
8.099,969

64,21.-.,!

7,974.00s)

Total for year. .
Not stated separately previous to July

16,90.'i,616

6?4,935

252.839

1,133.872
759,555
3,460,78^
66,102.412
42,0s5,4«8

187.9.57
*

8.013,547
71,78:1.672

46.577,188

131,960.030 159,793.617
1.

Regarding the provisions and dairy exports, the one
conspicuous feature is the general falling off in the whole
range of items

pork was

tlio

1883, and on

—

in quantity

it

some

alike.

In

November

the improvement was really insignificant.

All the other items
too, in

and value

only item that did not show a decrease from

instances.

record

a diminution

It is to

provisions shipments have

—very

heavy,-

be said, however, that the

shown a decrease almost

all

through the year, and when we come to the figures for the
eleven months wo find not even pork as an exception to

commodity went out in smaller amount than a the rule of decrease, every item having lower
and at lower prices too. As cotton lia^ played appear from the following statement.

totals, as will

THE CHRONICLE.
Tahte.

(juaniUy.

Xotember.

HOM

10,707
5,190

3.213

Ku.

4.&6tf

Stif i'nduettBeef.oaiiDed..
B«cf,frr«li,ltM.

7,678,'»05

Beef.uiUnl.tkc

3.103,560
2,548,310

Hum

Pork,

Ac.

lard

involved.

310,559
760,58"

334,198
l.isg.ass
26H,4Sl

additional cause for stagnation in business.

24.^,6i»9

183,003

386,592
3,308,669

2,;i68.ao;

2,625,013
291,081

S, 182.3 10
19,62J,294

,020

40?,7.i3

356,471

23,800,819

1,556,237

2,C04,9J'J

1.158.S46
S,lu2.19a

2.016,321
5,754,091

218,791
601,390

410,210

tmsli,

salted,

1,114,945
64,253

&,084,<J9UJ

26,026,222

J)airy Prod'ttt—
Batter

ClieeM

5,0!)]

409,82.*

6'>1,8:U

The

$7,201,716

Mmm Jon.
XAve Stock—

tion to other matters

uted

9,269,4«2

153.877

129,001
29,i00

31,83',

Beef, canned..
Beef,rT«>>b.lb«.

Beef.Kalted.Ac

Tallow

Pork ProducUBarOD

Hama

103,209,630
33,9T«.56»
47,354,602

104.586,49.'

260,339,318
38,364,652

321,511.25

39,737.28:
52,070,214

12,517,204
351,321

15.033,858
500,434

3.002,536
10.312,021
2.074.510
3,465,293

3,.507.3o8

44,560.132
191,043,220

dec.

Batter

19,958,968

CbceM

1U4, 18,810
1

Not

ter,

if

November.
likely to

the Republican party was defeated, and this to

minds carried the idea of radical changes in the
in

be

the election occurs in a year of financial disas-

many

tariff

and

the financial policy of the country, and according to

their

views added elements of great uncertainty to the

5.281,579
25,552,491

The financial machinery of the country that is, the
banking system, the money market, the stock and commer-

20,923,666
104,919,873

3,4.^^2.726

10,390,861

3,808,047
11,117,082

cial

1884.

future.

violence on the 14th of May, 1884.

Again the popular theory or superstition of a decennial
in. the United States was substantially fulfilled, as
the period from September, 1873, to May, 1884, was just
ten years and eight months.
The fever heat of the panic
reached its height on the 14th of May; the depression

•crisis

—
methods of business —

all worked
The national banking system again proved
its virtue in the face of trying circumstances, and the failures

exchanges with their

satisfactorily.

banks in the year ending Nov.

eleven (with a capital

storm which had been brewing from July
all its

is

3.741,771
17,137,185

61.667,87.'

84,733,681 106,891,382

financial

before, as well as after, the 4 th of

247,202,6<J0

5,8(i5,167

Includiiii; live stock.

1881, burst in

and giving personal atten-

connected with the election, contrib-

cause an apathy about their legitimate occupations

of national

The

of 1884

33.725,172

RETROSPECT OF
1,

fall

25,794,946
4,761,542

47,893,73-:

Total*
'

10.64 -t.Kiy
3,215.551
4,140,746

fresli,

fialt«d,

Lanl
Dairy I'rod'cU—

was an
Never before
been shown by busi-

the

True to the tradition that a party in power

attfProducta—

Pork,

to.

some time

defea'ed

HOK»

in

election

canvass, engaging in processions,

1.

No.

Cattle

Presidential

had a greater interest in the result
ness men, as such, and their participation in the electoral

for
Total*

which the Metropolitan Bank was

2»1.875
62,175

31,951,816
3,513,681

T»llow
.Pork I'roduett—
Baoon....

,11,512,515
3,559,531

1883.

by the shrinkage in prices of securities, or by the practice
of such methods as tho.se of Grant & "Ward, or by inflation of that species in

9

lAt* Stock—

CalOe

1834.

1883.

1884.

stockbrokers" panic might not be precipitated

plied that a

DETAIIJ or PBOVISIOK* AKD DAtRT EXPORTS.

[Vol. XL.

2,671

banks in operation.
by the banks in

certificates

ing the panic with

nature of a

1

were only

$1,285,000), out of a total of

of

The

issue of Clearing

New York

House

City was tried dur-

great success, and while this

war measure,

to be

is in the
adopted only in times of

when censer,
a temporary expedient in times of panic,
has been thoroughly demonstrated.
The total amount of

emergency, the usefulness of the proceeding,
vatively used as

immediately following reached

June

;

the

first

of

its depth in the last days of certificates issued was $24,91.^,000, of which $7,000,000
July was a great turning point, and were to the Metropolitan Bank, and by July 1 there remained

only a few days elapsed
rapidly stronger;

and from

that

before it became outstanding only $9,570,000, of which a large proportion
The banks became was with the Metropolitan Bank.
measurably restored;
For the purpose of showing at a glance the industnal

thereafter

evident that the worst was over.
confidence was

time forward, with

all

the stagnation and

and financial

statistics,

which present a sharp comparison

marked the balance of the year, of the two years, 1883 and 1884, the following table has
there was never a day when any serious apprehension was been compiled.
"Where figures are approximate they are

decline in prices which

there would be another panic.
In no sense could the trouble of 1884 be called a commer-

felt that

stated in

round

figures, the estimates

of the best authori-

The aggregate mileage operated on the
cial crisis.
On the contrary, the extreme tension of the 55 railroads, whose total earnings for the eleven months
year, with the strain on credit and the almost bottom- are reported,
was 41,590 miles Dec. 1, 1884, against 39,803
less decline in prices, served to^show most strikingly how
miles Dec. 1, 1883.
firmly the mercantile community had established them.
aelves since the troubles of 1873-1878.
Even with manu18?3.
1884.
facturers, who necessarily felt the low prices and
$l,52.1,H66,9-^9 itl,.54],58«,140
general Coin iitid currency lu U. 3. Nov. 1
Mercaniile fiiilureg
*173,000,oO.'
*i!40,O00.000
depression more seriously than any other class
»586,ti79,846
of Imports of inerclinnil iae (1 1 months)
ties

being taken.

.

business
tively

men,

few,

matter
•
community

the

heavy

and

at

of

surprise

the

were

failures

close

that

of

compara-

(jruss eiirnluga

the
the

year it was Wheat raised
Corn raised
manufacturing 'otcoii raised

a whole could have gone through the
severe pressure of 1884 and not developed greater
weakness than was actually shown.
Inflation had not been the
general practice; credits were not unreasonably
extendedas

Exports of mercliiHKlise (11 mouths)..
Kailniad coustrnctcd (miles)

55 railroads

1

( 1

mos).

bu~hel«.
bushels.
bales.

Pig iron produced
(2,240 Ibs.).
Aiithraciiecoal
tims
Immigration (11 months)

t'i3:t,080,470
719,554,70.-?
0,7.53

$203,56.-?,395
420,0 0,00;.

1,551,000,000
5,714,052
4,>!23,'

00

81,7o:<,027

536,130

$654,901,268
4,000
$in8,47H,623
500,000,000
1,800,000,000
6,900,000
3,834,000
30, 00.000
440,361

I.
Agricultural Products.
The yield of wheat in
1884 was excellent, and the latest estimates of the Agricultural Bureau place the total crop at 500,000,000 bushels,

merchants and manufacturers usually had their
affairs
well in hand; and notwithstanding the grand
total of fail- against 420,000,000
bushels in 1883.
The corn crop was
urea for the year, with liabilities amounting
to $240,- the largest ever grown in
the country, and is estimated at
000,000, and exceeding the record of any former
year, 1,800,000,000 bushels, which is
about 250,000,000 bushels
the most of those failures were financial,
and many of more than in 1883. The
best current estimates of the
them directly the result of stock speculations.
Taking a cotton crop indicate a yield
of about 5,900,000 bales, or
retrospect on December 31, 1884, the
Commercial and nearly 200,000 bales larger
than in the yield of 1883.
FixAsciAi. Chronicle may fairly claim that
what it has The Agricultural Bureau estimate
for 1881 is only 5,580,remarked from time to time in the past two
years of the 000 bales.
The large crops of 1884 had a good effect in
general soundness of commercial affairs, has
so far been
counteracting to some extent the despondency which was
fully sustained by the result. It had
never declared or imprevalent, but the shnnkage in prices was so great that

.

January

THE (JHRONICLK

1886.]

8,

was vastly reduced. In
wheat was at the unprecodentod
Taking the prices on the
figure of 3 Is. 6d. per quarter.
first of January in each year and the total yield for the
previous season, and we have the following approximate
results in quantities and values.
tiie

actual value of the products

London the

price

of

1883.

Prloo
Jan. 2, '84

Tleld,
Busbelfl.

18S4,

{

Value of

Yield,

Crop.

Busbela.

t

Wheat...

1,050.000,000

5,714,000

Cotton'..
•

Crop.

$

t

M

470,400.000

600,000,000

•M

420,000,000

1)02,000.000

1,800,000,000

•03

8.M,(V'(),n00

•io«

889,700.000

s.voo.ooo

•IIH

31ll,;l7O,0OO

iia

480,000.1)00

Com

Value of

Price
Jan. 2, 'SO

Bales.

1883, and from a large immigration, and settlement of

new

Passenger business was also heavj.
Sharp competition, however, began to develop inconsequence of the opening of many new lines; and at the close

lands

at the

"West,

of 1883 the signs were generally unfavorable

tinuance of

the great

railroad

prosperity

for a conwhich had

been so conspicuous during that year."
How thoroughly the views then expressed have been justified
by the course of railroad affairs during 1884 the
public very well knows.
The small crops of 1883
caused a decrease in traffic during the first eight months
of 1884, and,

was now

lines

in addition to this, the competition of
felt to

new

a fuller extent, and with the decrease

II. Manufacturing and Industrial Enterprise.
In no in traffic came the usual cutting in freight and passinger
department was the decline in activity more conspicuous rates.
This was the great feature of the year, and

than in the flagging manufactures, the decreased mining,

and the comparatively small amount of railroad building.
Not only was there no inducement to engage in new work
but in manufactures and mining the low prices of products
necessitated the cutting down of work and wages in every
way possible, and many furnaces, mills and mines were
The production of pig iron was cut down during
closed.
the year from 4,623,000 gross tons in 1883, to about
3,834,000 in 1884; but

the

still

idly than the production,

demand

fell off

more

rap-

and prices did not strengthen.

Anthracite coal production

on the trunk
Colorado pool

from Chicago, the
and on other competitive routes,
the cutting in rates was of the most severe character.
The last months of the year were noted for the prolonged contest between New York Central & Hudson and
lines,

the lines west

lines,

West

the

Shore, over passenger business, in which the
were completely demoralized, and so remained till the

rates

The expenses of railroads were not genreduced in proportion to their earnings, and conse-

close of the year.

erally

quently the net earnings were unsatisfactory.

V. Immigration.

The immigration from foreign counoff, though not as heavily as might
down the output by means of a reduction in the time of have been expected. For eleven months of 1884 the
working.
immigrants into the United States numbered 440,361,
Railroad building was still carried on to a greater extent against 536,430 in the same time of 1883 and 686,676 in
fell

only about 1,250,000

off

tons in spite of the great efforts of the companies to cut

tries

than might have been expected, in view of the financial

1882.

disasters
place,

railroad

to

and the great

companies that had already taken

difficulty of

raising

new

capital,

and

continued to

fall

The following summary shows
York City Clearing-House banks,

the condition of the

New

rate of foreign exchanger

the total mileage built in the year was about 4,000 repre-

and prices of leading securities and articles of merchandise,
$30,000 per mile including on or about the 1st day of Jan. 1883, 1884 and 1885.
STATISTICAL SUMMARY OH OR ABOUT JAN. 1, 1883, 1884 AND 1885.
equipment) of $120,000,000, against a similar expenditure of about $202,000,000 in 1883.
1883.
1884.
1885.
In one branch of industrial enterprise there was conJTeio Tor/c City Bank^~
senting a capital outlay

siderable activity,

(at

and that was in the occupation

ing lands and the establishment or

A

ranches.

of graz-

extension of cattle

amount of capital was inby cattle companies and the greater part of
came from London. In fact, there was much
relatively large

vested ia this
this capital

comment
mense

trade

regard to the propriety of having such im-

tracts

owned by
III.

in

of land in

United States

the

foreigners.

Exports and Imports of Merchandise

movement

first six

practically

months

of the country

—The foreign

was disappointing.

In the

of the year the exports of domestic prod-

ucts were naturally reduced

from the previous

year, on

account of the small surplus of the crops of 1883, whereas
the imports of merchandise did not begin to fall off largely
till

some weeks

later; the result of this

was a net export of

specie of $31,117,075 prior to July

1. In the last half of the
year the trade movement began to show a better condition,as
the imports of merchandise fell off under the general depres
Bion, and the exports of merchandise were large in the
item of cotton, which counts so heavily in the values. As

loans and discounts

$ 311,071.200 327,535,700 295,874,200
57,627,10.
60,46.1,100
8S,170,500

Circulation

i

Legal tenders
Legal reserve

i;

$

17,621,.'.00
15.45G,SOo
11,618,600
291,663,600 32«,7!I3.000 335,272,100
18,664,200 26,479,100 36,592,300

72,915,9()0

76,291,300
Surplus reserve
Money, Exchange, Silver—

3,375, 40U

.'...$

Prime j)at)er, sixty days
Silver in Loudon, peroz
Prime sterling bills, 60 days..
United SLalex Bonds—
33, registered, option V. 8
6s,

l«2>a
5»5i9

ooied.

51.1.
4 821-3

4 61

132
113

4r of 1907, coupon
Riilroad Stocl.s—
New York Central & Hud. Riv.
Erie (N. Y. L. E. & W.)
Lake Shore & Mich. SoutUem.

!

6, / 4s, .you

3«12
6a eij

10258

currency, 1898

80. 93.2.50
83,818,02.S
86,917.^011 124,76j.8JO

100 14
134

II919

114T8
12S»4

126

112

3S^

26%

11258

943a

98

85

40,944,77*

11232
4i-ja5i«
4973

4 81
101
131

113%
121'»

86%
I414

62
55
105 H

I25I9
Rock Island & Paclflc
116>a
Illinois Central
14258
121%
l:i2H
Chicago & Northwestern, com.
116"4
85
134 >a
71i»
Chicago Miiw. &. St. Paul, com.
92
10>»s
88I4
Delaware l>ack. it Western ...
12*18
11619
Central of New Jersey
84 ia
69>s
39>s
Uerchandise —
Cotton, Middl'g Uplands. V lb.
Ills
lO-'ie
Wool, American XX
34 936
33 3141
V tt>- 35»43
Iron, Aiuer. pig, No. 1 ^ ton. 25 00*26 00 20 50*i;i 50 19 50»20 59
Steel raiU at mills
40 IKI
35 0.)
i;8 00
Wheat. No. 2 red win.W bush 1 09i«-l lOia 1 lOVl 12%
84 986
Com, West. mlx.No. 2 «l bush 6«'4®66i«
.•)3
6338*64
©54 "a
Pork, mesa
« hbl l8 3,-ialH5i. 14 T.'.alS 2.- 12.'iO»l3 0»
Cliicago

-

. .

.

a result of these conditions the exports of merchandise

BANK MOVEMENTS.
The banks played a conspicuous part in the history of the
were $311,451,802, against
$321,346,481 in 1883; and imports were $253,923,166, year. There was nothing extraordinary until the panic in
May, but when that came, the responsibility of takia^^ measures
against $280,955,207 in 1883.
wliich would protect the whole country from disaster fell upon
IV. Railroad Traffic and Earnings.
In our retrospect ths Associated Banks of New York City. It was a crisis, and
on Jan. 1, 1884, the following language was used
"The nothing but immediate action could have averted the general
year 1883 was plainly the maximum year yet reached in chaos which was impending. The Clearing House Banks
railroad business; tonnage was very heavy from the large adopted the measures wkich had been found effective in 1873,
and authorized the issue of Clearing House certificates tc
crops of 1882, from
for five months, July

1

to Dec.

1,

:

general activity in the movements of
various classes of merchandise, from a heavy coal tonnage,

banks belonging to the association, to the extent of 75 per cent

from an early movement of crops

such

to

market

in th« fall of

of their bills receivable or securities deposited as security for
certificates.

The greatest amount of these ever out was

THE CHllONICLK

10

on May 24, when the amount wa« 134,915,000, but only twenty
banks out of eighty-two took them, and of these several diU

[Vol.

Amount.

Call

Dale of

DiUe of
Maturity.

Call.

March

*1 '1,000,000 .lii'iuary 12

I'i.ith

XL.

15

not use them. On July 1 all but $9,570,000 ha<l been
10,<0 '.010 Febru'y 21 May
1
I'JBtU
lO.Oi 0,000 MHy
3 Juno
20
and these were nearly all issued to the Metropolitan Bank I-27tli
10 00(1,000 Mny
12 June
28
128tU
down
runninR
This Iwnk continued in business, its deposits
10,000,000 .Tuna
20 August;
r.'flth
1
10,i'00,00< August
Scjit.
30
from 111.394 000 on May 15 to $1,388,000 on October 1, and in 130tll
26 Jioveuiber I
13l8t
10,000,000| Sept.
Novemb :/r it wont into liquidation and retired from business.
70,000.0001
Total
After the ciisis was overthe banks increased their surplus with
wonderful rapidity, and on the 6ch of December tlie surplus
rOKEIUN EXCHANGE.
reserve above their legal 25 per cent requirement amounted to
In the early part of the year Sterling E.'cchapge ruled at very
the unj)rece<lente.d sum of |43,297,450, and on the 37th of
firm rates, o a ing to the return of some stocks and bonds by
December it was s ill $40,9J4,775.
f reign holders, but more to the decrease 1 exports of our grain
The following were the totals of the New York City Clearand cotton. The crops of 1883 had been small, and they were
ing House banks about the first of each quarter in the yeur
hurried to market rapidly before the first of January, 1884,
1884 and near the 1st of January, 1885
retired,

|

:

Lmam and
DlacoiiuU.

Si>ecie.

leaving a siu.all surplus to go forward after that date. Asa
consequence of this situation there was an export of gold
DepoelU).
tioD.
amounting to some $32,000,000 by the end of April, after
S
$
$
which came the May panic, unsettling money matters and
2(i,471t,100
6.SO0
15.4
320,703.000
After July 1 the imports of mer-I4,;is3,80() :t4ti,7o!),Muo 27, i05,ooo cliecking tlie gold export.

Net

CtroQla-

Lfgal
Tenaeis.

.

$

9>

Dec. 29.
Mar. 29.
Jime28.

'8

i

.T_'7

'«

I

:i

I

Mr,.T<M) CO, tliS.lOO

iii..:>;i.7i'0 (iti.'.iixi.'joo

'81 2<):(,l.'>(),5O0r..i,8 17,900 14.3S4.500i28(i,1.^8,H00 2s 843,300
Seia 27. '84 2!tl.l2ts70O,73,826,5OOlj4. 137,100.305.140,300 30.395,800
'8412
Dec. 27.
05,874.200 8 8. 170. .'i0o'l 1,018,00 33 5.'272,100 30,n!)2,300

THE MONEY MARKET,
The money market was in such a condition of ease throughout most of the year as to give evidence of the unhealthy
stagnation which prevailed. It should be remembsred as an
important fact for the advocates of a forced silver coinage that
the panic of 1884 came upon the coui.try when it was glutted
with a superabundance of coin and currency for circulation,
and the continued coinage of depreciated silver, instead of
helping the country with easy money, did much to bring on
the bad condition of business, by shaliing confidence in the
stability of our circulating medium.
In the May panic rates
advanced to abnormal prices, aid at one time mon y could
hardly he obtained at any figure, and in some cases stockbrokers paid 5 per cent per annum plus 3 per cent a day for
loans. Rates soon relaxed when the timidity following the
panic had passed away, and in the last half of the j ear rales
were excessively low, seldom ruling above 3 per cent as the
maximum rate on st^ck collaterals. Mercantile paper was
naturally higher, owing to the great uncertainty as to the
standing of business houses, and the best double-name paper
went at 4}^ca0 per cent. I^te in the year the leading New York
Clearing House banks agreed to pay only 2 per cent interest

chandise began to decline and there was a better feeling in
American securities; also in the autumn months a large
export movement of cotton.
Rates of exchange fell oflF
July, and there was a moderate
Rates in August and September were
firmer, and when they declined again and gold imports were
beginning, the advance in the Bank of England rate to 5 iier
cent in October checked the movement.
During the balance of the year the rates fluctuated, but kept slightly above
tlie specie importing point.
siiai'ply

in

June and

importation of gold.

RAILROAD AND MISCELLAN"EOUS

STOCK.S.

The stock market opened in January with depression which
was brought over from December. On the first of the year a
receiver was appointeJ for the New York & New England
Railroad, and a break in West Shore bonds and appointment
of a receiver for the North River Construction Company, together with a new break in Oregon & Trans-Continental und the
Northern Pacifies, caused a gloomy feeling in the market. On
the 38th of the month a turn was given by the formation of a
syndicate which made a loan to the Oregon & Ti'ans-Continental
on the pledge of its stocks, and thereafter a quick move against
the shorts was made which caused a sharp advance in prices
and a firm tone during the balance of the month and tliroughout most of February, when the speculative support kept up
prices till near the end of that month.
On tlie first of March
the corner in Delaware Lakawanna & Western took place,
on deposits.
which carried the price up to 133'^ regular and 139i^ for cash.
The following table shows the rates for call loans secured This was demoralizing to the bears, and about tlie middle
by collaterals and the rates for prime commercial paper of two of the month another squeeze in N. Y. Central to 133 increased
the feeling. Under the influence of these corners there was
to four months' time during each week of the year 1884:
a chance for the large
Week endtnc
Friday.

Jan.
"

4 (3 d'rn)
11
18

" 25
Feb. 1
*'
8
" l.-S
" 22
" 29
Moh. 7

Call

Prime

LoiuiB.

Paper.

1

1
1
1

9
9
a
3

3

1
1

»6

•'

18

ai5«4

"

2.>

a 2H
9 21^

a9>2

1>«« 2>4

IHa
1
»

2>a

95»« Sept.

2

a5t«

14

1

2

•'

21
28

l>sa 2>3
\H<t "a

S'5>4

2>3

aSl4
a5>s
»8>2

"

April 4
••

11

"

J8.

ma
i>9a

38

l>ao> '•H

May
'•

-2
fl

"

18
23
" 30
Jane 6
" 13
••

"20
87

••

jmr
•

4.

And 3

2
•2

!>«« 3>a
1>99 K
IHia 5*
I

I
1

«

ei

a

8
4

9

las
9 3
19ai86

per dlcjn.

•

"

asij

na

SHiail
s>a'a6
1

And

•'

•

1

®

2

a
3
a
@
®
a
a
a

!\

12..

19

10
17

24
" 31
Nov. 7
" 14

a

1

• 21
" 28
Dec. 5
••
VI
" 19
" 26
•'
31 (Idyg)
:

1

S16

3>s
2

3
2

®6

3
3

36

3
2

®8
«rt
so
®6

96

•86

3

>sa 4
» 3
>3a 2

®(;
»>3ai>

a*

4>2»il2

»

2J3
3

Hrt 3
1

®

1

'a

1

a

1»2
lij
iSi

stock speculators to get otf a considerable
amo-aut of stock, and with some fluctuations there was a declining tendency till the en^i of April.
On the 14th of May came the panic, which the Chkonicle
referred loin its financial review of that mouth substantially
as follows:

5

^a, 2
3

••

!<

a 2>a
H»2's
ifl® 2
H-ai 2>9

" 2«
»5>4 Oct. 3

1

1

I.0.1IJS

1

Aug. 1
••
8
" 1"<
•'
i2
" 29

••

Pr 111(1
Paper

Call

Fiida.r.

Jiilyli

2^,
2I3
2I9

1>«« 3

W ofilt nndlDg

4>2a.5>2

4ia«o^

per diem.

here.

UNITED STATES BONDS.
There were no special feature? in government bonds
during
the year, except the precipitate decline of 5
|)er cent in the
May panic, which w«b ocuasioaed partly by the suspension
of
a prominent firm of government bond dealers
and partly by
the general pre-ssuro to realize. The calls for
3 per cent bonds
by theTre:isuryam)unte<i to $70,000,000 in caUs
at different
dates up to St-pt. 20, after which the decreasing
revenues and
large demand for pensions and decrease of
gold in the Treasury, prevented furtlier calls

The following shows the dates apd amounts of the
calls
er cent bonds made during the year:

'•This was the culminating point in a period of eleven years,
during which time had occurred the slow recoverv from the
crash of 1873, the rise and development of the most gigantic
speculation in railroads that any country had ever seen, and
finally th^ inevitable downward movement continued during
neariy three years from July, 1881, and ending in May, 1884,
with what came near to being a serious fin incial crisis. At
the end of throe years of unpiralleled shrinUa.ge in Stock
Exchange values, the crash was at last precipitated by the
turning up of a line of frauds in financial operations which
had hardly been matchi'd before— and the woi-st and heaviest
of thesu frauds was perpetrated under ih-' influence of the
name (though not with the pe sonal connivance) of that distiuguished soldier and Presiden% G iieral U, S. Grant. The
names of Fish of the Mirine Bank, Grant & Ward, John C.
Erio, and a few others, must be woven into the
history
' of
May, 1884.
"Theidetailsof the month's operations have been uiven from
week to week in the Chronicle, and need not be repeated

The Mirme Bank and Grant

& Ward

suspended on

luesday, May 5, and the following week the Motroiwlitan
Bank suspended, followed by a number of banker and broker
firms, and ihe height of tiie excitement was
reached. The
Ue^irmg House banks joined together 1 support each other
by issuing "Clearing House certifictttes," by which means the
1

.Metropolitan Bank was enal)led to resume on Thursday May
15, the day after its suspension.
The Second National Bank
was robbed of about $3,000,000 by th.^ stock speculations of its
1 resident, John C. Eno, but this deficiency
wa.s immediately
made good by the father of the defaulter and other directors.'^'
1 he greatest depression in i one and in the prices of many stocks

was reached about Friday, June 27, when the unmitigated bear
market led to hucli an overselling that there
was a very quick rally the next day and a semi-panic among
for 3 the
bears.
After the first of July and Cue occurrence of very
few defaults by railroads, there was a wonderful recovery
in
attacks on the

January

8,

THE CHRONICLE.

1885.J

in prices, from whicli tliere was
never afterwanls a relajwe to tno panicky feeling of May ami
June. Tlio upward moveniunt in stocks was pushed in July
and Aufpist, witli the assistance of <liirerent pools, wliich of
market in a languishing;
coursf) sold out and loft the

and an improvement

tone,

the lone-continued contest between the West Shore roal and
the N. Y. Central & Hudson over passenger rates. From the
termination of the I'resiilential election excitement, late in
November, till the end of the year, there never was a iioarty
buU movement in stocks. It hail been generally accepted for
some months that Mr. Vanderbilt was practically a bear on the
situation, and had sold a large amount of his stocks, and on
December 12th the I.,ackawanna pool close<Iout their holdings
80 that there was no strong supjiort left to the market, and
prices closed at the end of the year with great depression.

In the last four
condition by the first of September.
months of the year the benotlt of the large crop movement was greatly counteracted by the diaagreement among the
railroads and cutting of rates, and by the bad condition of the
anthracite coal trade, the default of Keadmg, and especially by

.aJOTATIONS OF STERLING EXCHA.N(iE FOR
[Compiled from

11

tlio (iTiotiitlons

EVERY DAY

TFIK

4 S3
4 ai

4 a?

YRA

IN'

ISSt.

!{

of leading bankers.)

nny
.liminrv.
F'obrU'liT60.1. SiKlit. Will. Sli^lit
Iloll.liv.
4 Sin* 4 S'.)

ox

Hon.
1....

'

-

•

'

4««)44

:

'

Kll

S.

n

.

4

sau

-1

S!i,.

4 89
s.»

I

a....

7

4 8lli4

...

8n'

.

SI 4 S7
4 8-114 4 ITt.
84,1.8 * ^"'a
4 silt
1 s;
11
4
.
-IS?
4 HBK^
18 ... 4 81
4 SOW
IS...
S.
4 88U
14 ... 4 84^ 4 87
4 B7)4 4 S<i^
IS.... 4 85
8.... 4

g

...

10...

4

M

.

4 n

I

4 «()

4 IW
4 Ui)
4 )iO
4 SIO

485

488

17....

4

8.5

4 88

8.

18

...

4 85

48d

4 88Hi 4

1)1

19....

4 85

4 etSii 4

ixi

..

4 81
8.
4 a"i« 4 83
4 851.2 4 8-t

.

1 i->'

IB

SO
21
29

...

..

...

5:1

;

4

4 87

4 UO^i
4 87
4 OOiZ
Holld'iy.
4 97
4 my.

';^

!

80X

9.

87

4 00!
4 an
4 S7 4
4 881^ 4 87(^ 4 90
4 80
4 87ii I 80'
4

4 .87

»7
SS

SO

...

4 8il

...
...

aiM

4

W

80 ... 4 8IIM4 89
81... 4 m^i i 80

4oa)j

BlKh 4a8«4.S0 4 87J<41)0K
Low. 4 ami 4 8s;4 4 setl 4 so

4 88
4

srw

fmM

4

3S«

4 OOli

«o

4

as

4 90

4

4 an

4 84
4

8^ 4 M>4

4 8t
4 83

4

SOH

4 »5
4 81

4

83

4 80
4 84

4 80

4

COURSE OF PRICES OF RAILROAD AND MISCELLANEOUS STOCKS FOR THE
YEAR
rCompiled from aU sales of
Febb'by.

STOCKS.

Low.lliKli

MAIICH.

.'itock

April.

lAY.

Low. nigh Low.niKlill..

&

132 -135

Top.
a. Fe.
804iBoKt.it S.Y. Air-L., pri 81«Atcliliion

Buffalo I'itisb.&

&

80J(
83J<

135

-135

133

S3«

W.prf

Bar. C. Rap.
Nortli... 70-80
75-75
Canadian PaciOc
x53«- 6854 53 - 60^
Canada Sonchcrn
4SU- 5 154 52«- 57J<

Cedar FhIIh

&;

-1.33

78>S- 70
81>i-

.tliiin.

10

- 13

Central lown

-

11

-133

70 - iHH
82M- 83

-

73

68

-

55«
36K

45J<- 53}^

-

10%

133

123
70:',

InI pref.

pref

tSd

& Alton
Pref.
Chic. Burl. & (tulucy...
Chic. IMil. &
Paul....
Chicaso

!;t.

Pref.
Chic. <&
Pref.

Northwest

&

Chic. K. I.
Paciflc
Chic. St. LoDia
Pitts.
Prof
Chic. St. Paul M. ifc O...

&

Prel

&

Cin. SandUMky
CleTc.
Cleve. Col. Cin. Jk Ind...
Clove.
Pitts,, euar....
Colanihia>!tf:recDv., pt.
Col. Chic, it Ind.Cen...

&

I»nubum\t Norwalk....

21

- 23i

13

- 17

I3H- 1434
235^- 23

15-17

-

....'123

-

L...

12«24

149^

- 265*

14W- 17

73
- S4

3.j

- 47Sli
-

35
27Ji- Siii

r05)i

71«-

9

10

- 13)t,

20M-

25;i

14

10

-

60 - 80
45«; 41H- 4?
24J{- 40)4 26«- 39

63-93

Sa-

a

8Ji

-

-

-

11
-

81
54

»«
23
13

8J(i-

-liH
7-1154

12

18Ji!

!

I
I

-133
146 -145

I12O

I

Krokuk & UeH.naincs.
Lake Eric &. Western...
Lake Shore
Island

Louisiana
Prel
LonisTille

A;

&

- 10,i<

10
132

-138

0^.

10

9.j(

I

2fX 20

- 205^1

80-x-ei

18

9 - 10«'

i>H

20-20

- 21

86-88

60

.

60

50J4-60X
43M- 45H

435i- 46

2SW- StH 2SV- 32X

3((

10

ua

OH-

9Ji-

U

- 15

m

» 130 -133

MU- iV4

29-33
- 11

II

39)(xU

S7M- ilii

S25k- SS\i

3254- 38J<

7«

5

10J4- 13
8 - «M

10

5

-

128 -133

-

65,-

- 12

6>«-

»K

126H-130

I

6-6

18

- ISJJ

5X- en
8«- n«

7-7

126 -138

-11J<

3
17
2i

-

«

- 185<
- 33X

7

-

18)il-

8«1 7 - 8M
16«! 17 - 17«

3ijji- myg 2flJi- 34}j
22H- 33
28X-31
Oi - 0.5X x8j)^x945<
80X-08J< 93 -100
24^- 245i 23«- 2:iJi
38-48 86 - 4254 .35 - 40
32U- 40
133 -1:17
137;i-13S
138 -140 13« -140X 137)fi-140

ta- i«

1«

i;^ -

50

-

.

66-68

lOJi--

liH

5J<,

66 - 68
4«. 0«

m- m]

7js-lOii

I

33
33

-

29

-

•33X

I5tti

-140

5-5
OJi-

lOJd lOOM-111

9 - 12X
8(4- \Oii
8 - ok'
63 - 65
03 - eoji 66 - 5S54|
4«- an 4 - 0>4 3J445<t
»«- 8H 8>4- 8
7H- 10
.S2

-

3-m

30-36

•

I

10«-

UJi- 18
- 140

...

-

13« 18

-

40

3154-87
137 -138?i

ao

-84

x865(-IU
8 - 9>4

67-60
8 -

6

4X- 854

83-33

454- 654
8J4- 8«
.... - .... 18054-195

186 -183
30-38 3454- 86 80-3354 :>4 -38)4
122W-12;54 11254-124 112 -12151 11654-13154
82 - 84)4l 83 - B45i 84-84
84 -86
14«- 17XJ 13«- 17H 18 - 16
11 - IS

!

63

-

17

....

-

70

11S<- 18
74)4- 82>i
6454- 09

11

- 18

esiH- 7854
83 - 65

22-31
-

80M

-91M

ll40

ma'
38

-

1«

103«-111W xlOlVi

4«- 6%
4K. »H
183
193 191 -193
186 -188

20 - 34
30W 38
lZH-130 [xl24- VW
70 - 82!<i 83 - 86
140

1«-

23
82

50

lOTHi-iio;<

7«- liw'

Mo, Rfy
NnshTllle.

88

I

OH-

70H- S8kI 78«- 88K

Kx-prlTlloge.

-

!

23K- «7« 29J4•

-

1)

14

Texas Cent.

Joiict& (;hiraso

- 65

- 45

S3

j

4«- B«

licased line, 4 p. c ...
Ind. Bloom. &: West...

81
i'J

len- 78
88
88
10
10
60
43 -405^

;145 -150)(
118 -125)i
108^J-121
117«-123« lIilV-1215i 113H-129«
60J<- B6K 81 - 89;^! .x76- m'4] "KH- 81J4 73 90>|i| 6«)«- 81«
OSJj-llO
loyji-iisjj xio5-iio.-y 102 -1065s 101 -107
10254-109
ai -104X
87«-101J(, 8»M- 831i S2«- »3J(I l82«.|B2)^
122 -134
133 -138
13;l -j:135 12^-129
1205^12874; ll»5i-127}<
11»!< 100!<-1133s 101 -115
113}a-117)^i ii:rj-ll7« 110 -116>8 108 -1I1?« xllU
1

IS5 -188

Central

,S7

7-8

Evnnnvii!e& T. Haute
• ;reen Bay VVin.&St.P.

• •one

SJj,

I

3«-

Sc

8«-

120;i-130

72%

62^- 60
SSJi- 67)i 575«-65!¥ 48J4- O0J<
SO - iSa SOJi- 44
39 - ilH S'^- 43M
5-10
8«- 8>^ -a- 8

104«-117«

lllinolH

-13J

71>^^

87 -

315i- 39)|| 28)^-

HH

Denver*: Rio Grande..
Oubuqne <t S. City...
BnstTenu. Va. ifcGa.

Uonslon

I

43 - itii

-

50-50

Iliirlem
Pref.

-<8M

83-00

83

Del. Lack, ik Western..

Elizab.l.ex. &; Bis S..

131J(i-133j5 129

...

21!.6

-

13M

-

84

8 - 11
1335i-139« Il33ji40}ijl35
137
135)^137!.^ xISIJ im^ 118 -139
ISO -150
X152-X152 ....
147 -150
14-1
-loO
142 -146
118)^-123
122 -127;V 122J|i-125>i •120 -1255^ xIOS
128K 107 -117
84J^ 04;,05
84
80K- 87M
5SH- 77
n4>i-119 xll3H17J^
113
OJj^-llOM
ia«-ii8j<-. 116.K-124
116 -lim
113J«lxSl«-103
l40Ji-147
141M-149)i U0M145><
148 117 -ISlfi
115)^118

m-

-127

60-80
!

213<-

ISH- 15

...

133

48« 39

Ccnlrnl of New Jersey. 83J^- 90
36-00 Sm- 89H 78M-875« rlO
Central PaclQc
«3K- 8754 x59H xeSH £^K- 02W lOH- 5m 31

& Ohio

Adoust. Sept'bek. OCTOBEK Nov'BER." D

I

46J<- 52 Js

1884.

Stack Excliange.]

Jtir.Y.

77»« 02
8i% 81

- 18

Idt prt'f

CliCHiipeuke

JU.VE.

- 58

- 11

- 13

1

New York

4 8S

Ulgh liOw.HlKhXow.UiKh Low. High Low.lllch Low. nigh rx)w.Hlgh
Low. High

r

RAILROAD.
Albaay i&^Sasqnelianna.

at the

82«4 8««

4 81

11

- 18

6854- 70
6254....

-

"tm-

iiii
68)4- 6054

««4 e«J4-6454
1854- 19M
....

.

MH

2654- Bl)«| S454- 80

8354- 28

MU-

87J4

THE CHRONICLK

12

COURSE OF PRICES OF RAILROAD AND MISCELLANEOUS STOCKS— Concluded.
STOCKS.
I.«iil>T.New Alb.&Chlc.

Mmnhalian ElcTnicd...
lu»rei
C*inmei]
CoDAolldntrd
Manbnilnii llrnrh Co...
Mcmpbia^ Chnrlcman.
Hclropolitau Eli-vnied
Blichlsnn Crnirnl

MIlw. Lake

l*b.

& W....

Prel
IHIniirapalU <& St.
Prel

li....,

U

-

1«<

niiMinrl Kan. <SL: Texas
MliMuri PaclBc

MobilrA Ohio
Morrit* iV

E-^jtcx

NasbT. (-hnil.&St. I<..
N. T. Cent. <& IIuil. RiT,
H. Y. CbicuKo Jk.St. L...
Prel
1 18M-S0

New York

Elpvated

N. Y. Lack. <& Wot. ...
N. Y. l.ake Eric iVWest
Prof.

N.Y. JtNew

Eniclind...

M. Y.>". Haven X- llarir.
N. Y. Ontario &; Went..
Went
M. Y. Su*q.
Pre!
Korfolk i& Wesicrn
Pre!

&

Northern Pacific
Prel
.

Ohio Central
Ohio A: .MlMlMlppI
Prel

Oblo Sonibern
Oresroii Short Line
Oreson i&: TrunHContln*)
Peorfn Dec. Jt Evannr..
Philn.ib Uendlns
Pitts. Ft. W.ifcC Bunr,
Renn. iV Sariilofira
Kiel) Ml. (& Allrshcny ....
Ricfautbiul iV Iliiti%-ille..
Kichinohd A.
Pt...
RocbeNler it; PillHburff.

Wot

RomeWnt.A:

Oftdcnob.

Alton d: T.

St. L,oniB

II.

Prel
St. L.oaiii&S. Franciaco.

Prel
lot prel
St. Paul d:Dnlath

Pref.

PanI I«llnn.&: Man
Sooth Cnroliiia KK...
Texaodt;Ne\v Oilcans..

St.

Texan &

I'aclflc

Tex. &: M. 1.. In TexRi
Union Pnriflc
United Con. ol N. J
Tlrglnl

Wab.

1

St.

.llldland

LoniodtPac.

Prrf

Warren
TEl.KtiltAPli.

American Tel.

Bankem'

&: Cable.
dt Merchants'

Uoldik Htock
Mntual Tiilon
Weslorn I'lilon
E.\ PRESS.

AdaaiH

Ancrlcaa
I'aiird Stales

Hnrito&Co
COAI. .V .IIIMNM.
Cameron t'uul .l- Iron

Wells.

Arizona Miulnv
Colorado I'onI A. Iran...
C'enlrnl

Consolidnlioii C-onl

HomFalnkp MininK
Murjliiiiil

Conl
t'l-iitrnl Conl
Ontario siltrr Mining.
Pennavlvnuin Conl
Qaleknllver Mlniuit

New

Prel
SpriiiK .Mountain Coal
Slandnrd Consol. .Mia'c

VARIOUS.
Canton V»
Del. .V llnd^on (!anal..
Iron sieniiilinni Co.. ..
N. V.
Trxnn l.iind...

A

Ore«on Improveni't Co
Orecon H'r .fc Knr.Co..
Parlllc .Mnll S. S
Pnllmnn Pnlare Car....
Hntro Tunnel ...pcrsb.
United Mates Trnst Co
_' HxpntttvtiC.

[Vol.

XL.

Januahv

THE CHRONICLE

3, 1880.]

'OTTRSE

•

Id

PRICES OF GOVERNMENT SECURITIES FOR THE

n|.'

(CKDipIIed from sales
roiiiHtr

Bonds.

made

at tbe

New York

Heglstere

4;<s,1891

U.S.

Janaary.

Keglstcrsd Boods.
option

4s, 1907. 8s,

"iS^y"-

VS.

July.
lOOTi

a

Closing

1»1«
I31M
18IK

1«8X

IMM

lOOJi

X nsji

Openintr
Blcbest..
Lowest...

113

Olosing...

r.m

113

.

lOOM

U4M
n*H

Low«0t

FebruniT-

lOO

120«
118«
120^

I18W

100«
lfK(

100!^

AngUHt.
1M3<

OponInK

12SM

Oponlnt;

123H
123M

XOl
101
toi
101

101
101
101
101

Opening

124«
123»
124«

Blgliest

lasj*

Lowest

nm

Closlns

Mi.-lieat

....

100-X
lOOHi

llOM
12»M

lOOM

September.

xU8«

Closins

100«

120W

,

.

:.t...

March.
OpenlDK
UlKbODt
Lowest

.

XllIK

I20M

loOH

UlKhest..

iii«

121 Hi

101

120

I00«

121«

101

X 120>.<i

101
101

Lowest
Closing.

..

118M

.

April.

•

October.

xJiSH

X lOlM

12't

101

183«
183H

lOOW
lOOM

IctOsinK...

100

Opening..

lOOJf

UlkThest..

112«

123Si
118}^
120?^

xniH

Opeuiiw
UlKhest
Lowest

USf-i

113

ClosinK

Openiiifz..

n»H

Highest..
Lowest...

May.

121«
1I9«

112W
11S«

100«
lOOH

131J»

November.
113«

Opontni;

Higbost

,

Lowest

1884.

Coupon Bonds.

4Ks,18ai. «», 1907. 8s, option

OpenlDfC
BlRlliWt

YEAR

Stock Excliaoge.]

•.

no

.,

ClOSlBR

U3U

12l«
I22«
121«

U4}i

12251

Opening,

TU3H

123«

lOlM

nixbest..
Lowest...

113«
112H

123'Jl

101!4

122!;i

Closing...

llSJi

122Ji

loiw
101«

100

Lowest...

100?(

Closing...

120J.'

100«
100«

118«
110«

100
100

June.
OpeniDR
niKbest

iio«
iio«

Closlnii

....

December.

in«

Lowest

...

...

1

COURSE OF PRICES OF RAILROAD BONDS FOR THE YEAR
[Complied from

all sale.'j

March.

BOND.S.

New York

at the

1881.

Stock Exchange.!
OCri.BKB. N'lV'BER. Dbc'ber.

MAT.

Low.Hlgh Low.Hlgh Low.Hlgh Low. High Low.Hlgh Low.Hlgh Low.Hlgl Low. High Low. High Low. EUgh Low. High Low.Hlgb

Allegany Cent.— IM... .6 97^-93
Alb. ifcL'h. CBn.-l8t..7
Atlantic (b I'lic-lst.. .6 92}^ «3^ 93 - 92)4
West. I)iv.— In.ome..6 17 - 22)4 185(;- WA:
Ualt.i& (>.-].St, P.Br. .6 USJ^-llOH 116)4-11B)4
Boat. U.dl; Erie.-jst..7 15 -15
13
Bur. C. K. ifc N.-lst .3 100 -101«

- 14)4

....

-

...

lonaC.

....

-

...

&: \V.-lBt...r

-

111

91)4- 9I5«

90)4-

17)4- 23!ii

19

ill

9I-J(

- 20)4

- 15

It

103 -104

-91

IS-.J-

113

14

102)i-106

. .

Can8.l8t&c.tr.lU34.3

111

I8H

67 -89)4
7 - 12)4

67-80
10

- 15)4

-H3
- 14)4

i(j2;<;-i04

10

- 10

95X-101

75 - 84?4

74

15

- ]B)J

im-

no

-118
- 12

10 - 10

10 - 12

12

«7 -101)4 100^-101)4 100J4-103)4 101

78-81

75 - 70

- 79

80 -8154

14-23
115 -115

18

14)4-

18M

1(»4- 19

-103V<; 102)4-10»>4 100)4-108

S5J4-

80

85)!;

-

i

112)4-118)4

Ced. lt.l.F.&: N.-lst 6 ,88 - 88
Isl, 19-Jl
3 67 -98

103 -108
80 - 90

101)4-104

95

93)4- 03; s

i«

- 98

93)4- 97

95 - out,

U(i

- ««>4

88-93

8:54-

i'l

Buff.N.Y.&P.-l»t....6 97 -98
Gen. iiiort
- ...
6
Cariilinii Cent,, l8t....6 .... - ...
C'eutrnl lona— 1st
7 09 -106>«
Eastcru Uiv.-lst.... 6 TO - 80
Illiuois Uiv.-lst
6 ... - ....

-

m.
iuoi<; 100)4

108

106

81

81

-

-107)4 107
-.84)4

100)4-100)4 100
Hi7;k-107)4 100 -106
100
- 79>,
T.'i

-107:

80-81
80 - 80)4

07

00>4- 90)4

87>4- 87)4

01 - 04)4
87 - 87H
-103)<(

97 -100)4
60 - 60

-100

100 -100)i

-lOJ
70 - 70

103

08 -ICO

58-58

- 67)4

Ceni.ltR.ufN.J.-lst..? US -11714 112i)<-114 113)i-lMi( 118 -116 113 -114 113H-1U)J 114 -114
Oonsol., aNHcnled
7 111})S-112J< 1I2>8-115J4 15J4-118 113Ji-ll5)« m -112X 101 -lOS 101 -108
t'oiiv., asncuted
7 113 -113 lISM-118 11754-118). 117»<-118i4 11)0 -107)4 103 -101 102)4-107
Adjualnii^ut
7 104)^-106 105-H-109 108)4-110 10(}4-n0 IDU -106 113 -105 104 -107
Couv. ilcb
(« - 89
i> 86-8:5
88)4- 91
70 - 75
90)a- 95Ji: 95)4- 96
Income
7 90 -07
90 -i04
98)4- 9-)4 09 -102
101 -101
l.ch.& W.B.—Assent 7 !02J<-10-t 104 -107% 106)4-107)4 IW -10«)» 04 -105
90-97 89-95
laconic.
7
80-80 V> - 73 80 - bO
Am. Dock dt Imp
3 SO - 89
80-90
4)1 - 03
88-89 85)4- 88
9S
02)1

111

Cbes.ifcO.-Pur.DI.fd ..6 ua^a-n.lit
Scries A
« ilO -112

113 -113
ill)i-ll2
112 -112
103 -108
102)4-l'-4
111 -111)4 103 -105
102 -105
7«-T7J<
87)4- 92
e2 - 87)4 78 - 8SJ4 ra - 79
27)«
3134- 8B)4 SO - 32)4 27 - ai>4 23
94?4- 95

-118

111

-113

112

107 -108)4 101

-11314 113X-113)4 113 -114
99)«-ioax
08)4-103
98!4-103
08 -100
09 -100)4 100)4-108

-105J( 9O)(;-104)4
106)4-108)4 100)4-106!4 100 -107)4
106)^107 103)4-105 102 -105

- 76

90-08

70 - 75

07)4- 87)4

923i- 95)4

05

89-06
74-75
85-85

0I)i-9S)4

- u6

"

emeries

B

6

93
61 46

Currency
.Mort.,

cues. O.

1911

& ». W

Cbicdt Allan-] St
Hiukingruud
IiOU.&:.1Io.

ad,

109J4-111
98 -103

OS

48;<- 58

60)4- 56»4

109!<-112>4 100

103

-1(J5

01)4- 55!4

80
a!

-118
-102
- S2)4

8^

....

-

....I

7'....

-

...

St. L.J.<fc t;Ulc.-l8t..7

7

117X-U8
...

-

118

-110

-118

116 -116)» 116)4-118l<
118 -llBh 119 -vxfiim\<s-\vtM.
- ....ill2 -116
...
118 -119
.... - .... 113 -US

...

ii5>4-nB)4

....

-

..•

2d, guar. (ISS)
7.... Cbicngo •& Allan. -Jd.-e ... - ... 00-00
88-90 87K- Jo;,! .ss
Cbic.B.A;Q.-CanN0l...7[128)<-129)^ 129)4-I30k 130 -ia!>4 129)4-130.K 128M-180
.

Oobcaiure

Hi

Iowa liir
Iowa Div
Denver

01

-

5.... -

Div.,

\9'i,'i

riain

Via

4

OOiW- 91
90)4- 91
83)ii-

S3)^

1st 1. 1& D. DiT
1st C. A; W. Div

7

....

>

122)(|-12a)v

Consoi

7 120 -121)s
7 11,0 -Xitif^
7 U9K ll9)t!

IKSl
I.

dc D.

Exteu

-

Oa-X- 0B>4

95

- 97?t

07>ii-

99)4

..

.4

4

94)4-118
81 - 92
2(t)4-

S6

88

87-83

25-29

77-78
IM^^-Ud
15)4-110
116 -116

117 -117
117)4-118
113 -118
114 -117)4 ••
116
-116
112)4-118)4
112)4-115
117)4-U7« 118 -118

Ulii- 86)4

118!4-118)4 110

llfl?4-117

115)4-115)4 113
1

iO-S

01»<- 94),
87)4- 90)4

85-83
98

-

98

94)4- >5

00

90-00

81?^- 00)4
HO - 89

83-83
00 -101

lOa

130

-131

IJl

-131

131

120

-ISO

lao

-ia)i,

-102
IS-iJs

....

28>4-W0
J«-104

129)J-120)v
1(M -104

122M- 123)4 122}4-ie«

-94H

l(i0'i-103
I:

IJ'l

146 -l-d)', 128 -129
110 -120
116)4-117iS. 118 -120
118 -lis
119 -119

121il,-12«)<.

-108

-1S3
-181

131'4-128

-189)4 121
- 93
00
100 -106
104

80 - 90)4

-125
- 93)1

110

-110

93

-

96'.

88-80
88« 86J4-87

187)4-1«0

U4S4- 9534

05J4- U7}i(

89J4- 96J4

00 - eo>i
88 - t8

00)4- 01

91
90

-104

85 - 90

-103)4 104

-1:33

129

-130

118

-118

110)4-110)4 120 -120
123 -120)4 li6'4-12«)» 125

90)4-100

127)4-187!, 123.14-125

-11

-120

m

^20 -188)4 121)4-121)4 114

130 -133
06)4-

08

-UO

116)^120)4

117 -119
110)4-117

125

-126

117?4-120

1

13)4-120)4

92«-8^

103 -loa
101 -KM
129)4-120)4 130 -180
no -119
21 -121

100

133

116
118 -110)4 114 -110
116 -121
112)4-110)4 116 -S17J4
119 -120
181)4-121)4 I1W4-117
1130 -130H 186 -126
184 -124
I21)4-18a
-121
i:2»-117
114)4-123
111)

-118

12-)4-129

-10»«

88)4-

90)4-100

185

-US

15)4-1 15)4'

118
12S

110)?-118X
-120

ll8)i 119
lis -115

116 -116

-128)4 126 -127

70,«4- 71
120 -120

06J4- 70
118 -118
118 -119

117)4-118

.

Cbic. Jt E, Ill.-lst, 8.r.6 08 - li8>,
Cbic. 3Iil.&st. P.-lst.M 1;K)<-133
•.id
7 3-10|123' -laa
1 St. gold
7 liClJ^-iaj
l8t La Crosse Div. ...7 116 -llB^,
l»t I. Jt y\. uiT
7 ii«)4-U7

2d,
1st

83 -109
72)4- 97
26 - 89)4

I

6114^4-114)^1 116

(.16.1)

10«-112M
101)4-105

«,iuyt-102 102 -102>^ loaJ4-H'4 101 -lOlJ-i «9?i-100
3-6;
80 -86)4
87x1 88 - 87M 87 - 88)4
71.... - ....| 118)4-118
118)4US)4 110 -120 117;< -117)4

KiT.-l8l.7

1900

1st guar.

-

-50

-

103

108

121«-li31-l<

117

-128)4 126)4 127)4 125 -l^S
117 -120
-117
116)4 117

117

-117)4118

-110)(,

121

-121

-

133
118

-1

1....

....

119)4-110M
123 -139

6 {l29 -129
-110)4 118)4-120)4 180)4-188
.131

-131

THE CHRONICLK

u

XL.

01.

COURSE OF PRICES OF RAILROAD BOXPS-Contisued.

IM

Went

Ko.

PbuK-

nnT

tut

La

lU
im

Ho. Minn. DiT

('.A;

d;

II.

Chlc.it

I'lic.

e3«-

iioj4-iia
-128

IIW-IIO
-

123

00

-

Void, coop
Oolil, rea
Hlnkinarund.eonp.

Kculmered
Hinklng fund, coup... 3

103

07M-10l)4 01)4-97%

103 -105

0^

97-09)4
t2<

Keok'kJkllc«M.-lKt,3

-120?«120 -127

90

....

-

....104

mi-

02M 00

-107

120

105

-

OUX

Cln.*:Spr.-tJiiar.lst.7

104M!-104ii
110 -112

....

-

....

-

110

extcunion, 1891

7....

Conpon, i;i»4

7

Reg., IH91

7

Fenna. OiT.-Coop....7
Penna. DiT.-Ueg.. ..7
Alb.db Sdmi.— liitm..7
7
•a mort
Im, con ..guar
7

...

-117
-lis

....

-

.... -

116

-113K

nist^lliyn

13* -132
127 -127
Ettiiex— Int.? 183 -137
139 -139
7 11SJ<-I16« 113)4-114
•»«,1871
7 120 -121 122)4-123

Mnort

\v.-i«

I.. Hi.

..

Denver

-118)41US -115
-117

-124

12»«-125

lis -120

109)4-110

118?frl20
106)4.106)4

69)4- 76

64«-6S)4

79

-

-Km

124)4-128

E. Tenn. V.& <;.-lat..7
Coniial
5
DlTinlonal..
3

72
OJ

-117

04

-81«

Ellz.CitrA: Norf.-lHt.e

-115

114

-:15)4 114

-lis

105 -103

K.

-.M

116 -117
-lis

6

117)4-117)4

-130
-131

ISl

locoroe
Erie <k riiti>b.-C«Dsol.7
Et. dc T. liauio-Con.
Flint •&: P. M.-Mort...(i

Fi.W.&OruT.C.-liit .«
IJal. II. dc Haa A.-l u. .«
'ii, mort
7

Mex *Pac.— l»t...

ar.B.^v.^(E(«t.

Hd, incottie

«nll
•id.

«

ol.&

8.

60

•

£7

115
-115

12514-133

-112)4 111%-111J4 lll«-lll)4
10334-101
103)4-103)4 102 -103)4 101 -101
125 -125
127)4-I2r)4
ll7)4-117Hi 114}4-115M 116)4-115)4 116H-115U 115)4-116

117
131

04-08

65,

•131)4 180

-131

130

-

-133

138)4-13854 13834-140

-135

114 -114

-115

114

-114J^

123^^125)4 123 -123
138

-183

-128J4 128)4-183)4 125)4-127

00)4-101)4 00)4-100
110 -112
102 -111

7^-75)4
- 80J4

.

103)4-110

66-60
107

-110

10854-100

118)4-180

90

-100

02)4- 08

50-64
37-50
00-98
118

-116

74)4- 75)4 63 - 75)1,
100 -100)4 9U - 09

25-28)4 14-28
100

-101)4

81)4-

8e«

j,gj,.,,j

lis

-lis

.«'I0U-11S)4 112 -113

,f .i„7

Western Dir

r

115)4-11554 116%-116-i<
115)4-110
118)4-110; a

-

58

mi

-

69-59
60-60

05

50

-

67%

-

llt<)4-117)4

118 -lis

118%-114% 113J1-115J4 116 -116
117%-117%

130J4-130>4 128%-l«6

130

-130

-110

130 -1S0.)4 130%-138
ISO -ISO
111 -111

103)4-10834

-101

115)4-116

90

-100

135
133 -133
114 -115
123 -123
121
120 -123
115 -118)4 112

97 - 08

...

10334-108J<

115
133

-112% 112X-112% 112%-118%
132 -133%

•116

-134

•185

IK

135

-138

135)4-135%

110

110%

-113% 113

114%-114%

-115
9634- 97

-07)4

I

- 53

85-99
42-61

75

28)4- S3
74 - 76

ma

128%-12«% 129 -129

-121)4

i

115 -115
50 -

-128

1128

118

-113

21
17

1S6%-137

-122% 121

-US

U8

03-96

13^
112

130>4-1SO)4 120Ji-132
123 -123
124 -124

114
120 -120
-122% 122)4-124% 125 -186
-110% 117 -110 117)4-110
- 9fl
95 - 95K 05 - OS

95
92%- 97
92%- 9634 70%- 93
4S - 53% 46%- 50% 41 - 47%
34
83 - 34% 82%- 36)4
85-85
78 - SO
79%- 80
60
60
65 - 55

74)4- 82
42 - 46

21 -121
19 -120
97 - 0734
80 - 84%

48-48

83-37

8654-3834
SO - 80%

60%- 65

42%-

547-8

%-

84!,

-116

113)4-115%

32%- 69% 57%- 61

-

59%j 50 - 57)4

91-95
10)4-

17X

85 - 01
121 -122
110 -110

15

- 18

80-89

45)4- 80

46)4- 93

07)4-100

05-98

90-03

92

11234-113
63 - 71

112)4-112)4

19)4

01

15

-

IS

11

12

91%
-111

103
107

-103%

14%

-

85

-125

-123
110

-

-107%

-100

.1106

|li>0%-108%

-10734

119;4-123%

no

-118% 115 -110% 103 -115

103)4-10,1

102 -10-3
104 -105>,
106 -lOii
117%-11»>,
115

-111
181 -131

-113',

111
130

-130

68)4- 03

51%- 63

18154-134%

55-6854

50M-63

103 -105

08 -100
-114
WH- 71

too -109
I10)4-110M IIOH-Ul

03-70
105)4-101)

110

11?
45 - 65)4 54
106)4-106)4 106

-

95

-113

60
•lOOX 100 -103
-

8« - 86

80-80

18 - 18
107
109

15 - 15

15

110%-lll

100

-

113

104V^-toeMllO« -107

107)4-108

102)4-103% 103)4-103%
11234-11334' 112 -114)4 110 -114
100 -lOSji'.... - ..
Ill -112 jl07 -112 Il07%-110%
100 -U0%|l00%.l09% 105 -105

-

07

-113%

103%-10«
102 -102

07

•114

80-80

02

-100
-115
- 67
-102',
-

92

74 - 74

-

16
-110

100 -110

111

-11S%

89%- 90%

-118

ui

113
61

114
- 64)4
61
10554-10(1% 100)4-100%
101
107%-107% 107 -107

82

82

103%-101)4 104%-10

100)4.

00

-113
60 - 62

93-98

-10354 103)4-104

lOT)«-J-8)4 108)4-110

«-07
113

ei3«-02

lis -11SJ( 115 -115mIi12 -I14)s 111)4-114
los
110

05-07 07 - 07
113%-115
60 - 64% 00 - 68

-110

8ji

U*a»B.*W.Tex.-^M7

-118% 100%-11I)4

114 -115

...

-looji 106)4-107

115J4-116

111

125)4-125%

-120
-135

54)4- se

03-04)1
80-82)4 82-87 85-86%
10 - 13
18-23)4 30)4-80)4

"^•*'»*«'J»>-Conv..3|l06

lot.

87)i- 04

-113)4 I18)4-U8)4 114
- 60)4

-112
-118

111
117

•110)4

120

89 - 81H 29

94-9
113

123 -126J4 185)4-12834
I2434-I8I34.... - ....
103 -103

114H-ll55g 114%-115

110
104

-111)4 112

9»K-04)4

om- MM
70-70

Iftii

liMa.&T.O.- 1 M.

125
•108

125 -126

131)4-1S1>4

123 -123

,0

p.-im..«
^
p._i,, 7

OMa«l

122 -122)4 121)4-124
124
10^-107)4 107 -107)4- IDS
114 -117

124)4-124% 121 -121
120 -1-20
101)4-101%

116)4-117

115)4-]17

-13'.%

08 - «»)4 ... - ...
117)4-117)4118 -118

87)4-93)4

-112
118 -118
117)4-110

103

A;W.

consol

01)4-

05-00

126)4-126)4 l28J4-126>i 122 123
108 -108)4 110 -110
111 -111)4
3<« Kx«
4.H 108 103 104)4-1W)4 102)4-102)4 102K-104 1C3 -103 103)4-104)4 10134-102
4tb. Ext
3 108 108)4 110 -110 110 -110 110)4-110)4 108)4-106)4 108 -108 loa -107
5th, 18SS
7
110 -110
106 -100
108)4-108)4
lit, con«al., gold
7 128)4-1 23K 128 -131
-129)4 125 -128)4 120 -12631112 -122
11334-119
lot couMol. fd. coup. ..7 126 -120 125)4-137
-128)4 124 -126)4
113)4-113%
113 -113
Long Dock
7 116)4-116)4
-110
1:0 -116
iiSH-iis
Ban. N. Y. &E.-liit.7 133 -133
134 -134
I,.

102)4-103)4

93)4- 0531
01 - 03J4

112%-11S)4

-lOSX 103 -10454 101)4-103

Eric-lst, Extended. ...7
ad, Rxt
s

103 -105

60)4-

114
1:5

78-80
101

-118

103
60

-102X 102?^102)4 10i94^I02« 103)4-103)4

84 - 8S
82-85)4 60-84
03 - 71)4 65 - es-^ 43)4- 68)4
98-05 07 - 98)4 94% 98

-72X 72-74
-

iDcone
6

108)4-110

124)4-126

114)4-110)4 117

117 -117
115 -115

-103

117«-118« 110 -12(^4 119)4-120)4 120 -123)4

DenT. llloU.W.-lnt.G (l«XUeoT. So. P. /k P.-liit.7 05HDel. M. Si Marq.— iM .6
Dnbnqiio Sc. Dak.— let 6

KrtT.

95)4- 97)4
93 - 94)4

100 -lODi
110 -112

102

124

ConHolidntcd

••«. Y.

95J1

- 92)4

-126

124

SOX 77-70

7

3

Ellz, l,cx. &, lllg. S....

125)4-125)4 124M-125
-110)4 108 -110
110)4-111
-109
109 -109
110)4-110)4

100
100

-118

e

Uio 0>— l^t.7 108 -lOS
7 82-80

<.V:

91N-

-111)4 110)4-112)4 110

l('t>)4-lll

103

I18)i-110
i29J{-132){
....ISO -ISD

il;

C'unNlruolion

104 -104)4
184)4-126

- 85

mil

I18H-11»^ 110 -119^ 117)4-117)4

I04)i-104M
122 -123

-103

96 -102

-102J<

92 -

-117)4

-12^

....

110)4-111

90 - 91)4

116

70)4- 80)4

-VA%

-187)4 123J4-124

Hrr.B'u.iVN.Y.. lBt..7

ConHol.. girnr

- 9534

- ....jl20)4-'87

-116

70« 70-75)4

Itft con. guar
6
Ren«. Sc Sar.— Conp. -7
Del. I.ac. it W.-COUT.7
Con., 1907
7

N.Y.

125)4-138

-131

184

-103

115
-112H, 112ii-lIR
- .... 112>i-li:',>4

110
118

....

-10SJ4| 102

...

&

9

102

118)4-120

CI. C. C.&I.-l»t, B.ld.7 llOJj-lIOK 121)4-133
7 118«-118)» H8Jji-12l!4
Coniuil

6
<;encral cons
Col. Coali&I.-l«t,can.« 69 -71^
Col.II.Vol.&:T.-lnt...3 70 - 79Ji
Pa.-lst.U
CutnberI'd
Uel.&IIild.C.-lst,'84.7 100^-lOlH 102

-107

111)4-113>4 112J4-113J1
119 -120
119 -120

C'ity-lBt..« IIS^-IIBK n6>)J-118

Ch.&U.Ind.-Ucn.m. 6

•

94

flOJ4- 05)4

120)4-127)4188

-127

02-04

- OIJi

C.»I.P.M.A:0.-Cong...6 lOJJd-U'OW lOOH-lllW
CUIc.St.P.A:.M.-l»t..«UO -now 118 -n%%

•

1033.4-104

102)i-103)4 100)4-101)4 100)4-101

118)4-128
120 -120}f 120 -125
107 -108
107)4-107)i 101J1-104J1 lOuJi-10054 108)4-107
lis -118
120 -ISO
llS)4-:20

120«-120« 125)4-128)4 180)4-127

-

....

Chlc!<I.L.<fcPitt»-l8t.3

Rlerrift

113 -113

103)4-104
182 -138

99)4-100

ChlcK.I.&P.-<;oup..6
«...
KegUtrrod

'

90 - 9734
96 - 80
94 - 96%

;l4«-ll4Si

120

1S91

109 -llOM
119)4-120)4
114)4-115

-187

\2m-\SS

»
«d
Mil.&Mad.-lat
Ottnm. C. F. &St. P.3

7il,

132)4-133
102)^-103)4 103 -104
125)4-126)4
124 -126
12a -126

131)4-133

92

123 -124)4 119 -110
10<%-108
106J4-107>« 107 -108

loa

11034-11034

101)4-101)4

1C3M-103)4

e44(r 07J4

126 -120

...7

Wlnoun Jk 8t.l'.-l»t.7

110)4-1113* 109

04)4- 04)4

loirn Midland— 1«.. .8 131«-131«
121(^-123
7
Chlc.JkMll.-lst

S*.

99)4

-103«

3 I03K-103)4
92«- 04
OSK3 92;«Debenture
1909.3
drbrn..
!23 yrn.
Ilogislored

St. P. i&

^m

... - .... 102)4-102)4
104«-104S<
130 -1£0 ]131)4-183
132)4-132)4 127 -:27
133 -134
1S2X-13.1
132 -133Hi 132^133
lOlJJ-102
-104)4
105)4-105)4
104
1C4 -104)4 104)4-104Ji 104'4-104J4
103>i-10l
10(SX-107
120' -123
-121
123J*-123
128 -139
128 -129
125 -127« 127)4-128
124 -123
-123
125 -125
128 -128
127)4-129
ia5>4-126>4 127 -127
123)^124
-112
112 -112
lllH-m)4 110 -110 112 -112)4 111 -112)4
110 -nva
110)4-110)4 110 -112
no -110
08 -102J4 101 -103J4
-103« 103^-I04>4 104)^-105 r02)4-103)4 101 -108)4 08 -103

niorl

-110

1

-124K

IWl- 115)4
94 89« 90 -101
07« 07)4-101M 93T4-

VSH-

110

I

lOO^-IOOK

Chlc.«;N.W.-8.F...
Consol

iM

04)i-

107)4-110

-100

92)4-02)4

112)4-113)4 110 -113)4

121

03M ow- 00
0W(r««
0«M 01}f- 04

-111
96 - 96)4
107 -109 107 -108)4 10634-109
108 -110
-110)4 101 -107
117)4-119
118)4-119
U7Jt-119)4
-118
115)4-116)4
113 -113
113 -113
114)4-114J«
111 -111
-114)4 110 -110
94 - 05)^ 93 - 93)4 93)4- 98Ji
- 97)4 02)4- 95
02 - 06
- 95
94)4- 91)4 04 - 95)4 95J(- 96)4 95 - 98)4
OOM- 01
93)4- OOi
92)4- 91^ 02)4- 94
- 06
91K- 94
89J4- 98
106

lis -114
100 -100

no -iv»i U0«-USW 113X-U4
H 03
3

TermlBRl

Detl.n. ifcMin.

00-97

03>i

-110

1(,«

l>lT

I)lv

ninerni Point
WlikJkMlD. DlT...

Im

loe -118

107 -109

lOSM-llO
- 03

1

Ul»

I).

Wpntern

6
*
6

i>iv

Dkc'ber.

Low. High Low. High Low. High Low. High Low. High Low. High
Low.UUtta Low. High Low. High Low. High

Low. High Low. BIgfa

Chic. Mil. <t HI.

August. Sept'ber. OCTOBEK.

JCSE.

MAV.

APBIL.

HABCH.

JAKITABT PXBB'Br.

BONDS.

-10134 101%-10254 10234-1 03)4 103)4-108%
113 -115
113)4-1133< 11S%-113
110)4-118;4 111)4-113

105%-107
103

-104

101

100%-107 107 -108
100 -110% 109-%110%
103)4-104% 101 -104% 103aii-I05% 105%-106

January

THE CHRONICLE.

8, 18(5.J

COURSE OF PRICES
jANi'Anv Kunn'nr. March

RAILROAD BONDS— Continued.

01'

April.

.MAY.

JtlNK.

Jfl.Y.

BOM)!!<.
I.ow.BIrIi
II. &T.O.-W.«;N.DlT.»
S
•id, ;i[nin Line

...

12S -li20

98

Uea. 3Inri
Hllnoi»Ccnlr«I-

-

7

coa

1st.

Mcc.

180

lis -lis
113 -113

83

80.4

TO

103

-110
-133

IK!,-I17«

....

-r..'!)!,

...

-

ili-.'.i-

183)4-128

120«. 123

181

-103

ioW

107«-ln8!4

84.U- m
-

•WIW

108 -lot)
lis -118

111

119

-

8^-

...

....,

81 - BJU
05 - (W

SO

iijs

-\mi

107 -107

-

180

6

U4

-118
- .„

-100^ 105X-106

105)4-IC6

-114

lU

77
80
50 - 50J4

75-80
55 - SO

57)4- 69

,'',1

- 80

80-80

70-80

75-75

111'-'

-MB

1015^101J4

^

1....

80;.|il

-84M
-

...

-

83-33
-vmi

111
111

-111
-lit

96 -

98^

180 -183

105

-106X 104 -I06H

US 118H
-118

110)i-118

69-69

-

-

-10(1

06 -lOlH 103 -104M

90)4-100

-101
-

81

- SI

100-X-llO
83! <- 84;

7
Keiiturlcy Centi*al
6
I,nkc KrieJc W.-l*t..6 93
Incoiuc
7 81

-

115

114

83

87

van 91^- Ot

-3l«

72

74

-w"

-C6

75-75

to

78)4- 80

10-10
lOTJii-lO^ 105

Jc(rerMon-l8t

04
83

35 - SS

-lis

81

-

....

-

liiir;j-ii3

- Hit 70 - 79
loiy-10154 108 -1(8
7;

S7;!;|'

..

10454-103

13
108

.

72>^ 72,1.4!.... 03W- 95H
•

83-33

-

-104)4

106

-107

80

-103
-

75

108 -110
77)4- 80

110!<-lll

no -no

77-80

7J4-79

- 81

84-85

so

-

80

EO

79

•80

88)4- 64

SO

60

108

-107

74)4- 78

100

-100

100

83

83

-100

,

75-80

•

2(1

10*2

13

SlH

10

-

80-80

18

8654

80

85

83-22

6

iSnnduHky Oiv

-118

IMW-IZO

119M-119J4 120M-lSO5<r

lOl'X- 1055< 105

a

1909

DKC'Bln,

nigh Jxiw.lIlRh T/Ow.lIlRb I/OW.MIgh

»«4-«054

-122JJ

180J4-120;,i lis
....

85M10H-

09-72
89

«t. No.-lat.S

ifc

I'oupoii,

I.OW.

08H

income

Intern,

AtJOUST. SEiTnBii. OcTonKK. .voT'nrn.

High Irfiw.HIgh I.ow.ni|[h I.ow.niKh

120>«-

114 -now 116
118 -118

.7 lOSJi-lOSJi 105

.

inu

'2d.

\id

& Mp.-l«t.

I05X-107

6
6

KuHicru Div
C'oa.inromo

-

'.v.

U5X-115K

6

Ool.1
3
Itubua.il: S.CItyja..?
C'eiliu- V.\.M., lat ...7
lDd.BI.<!t W.-lm, prer.7
ist
4, a,e
aa
4, .5. «

I lid.

-120

121

I.I

07-07
11(1

130

188 -126

93

t•.^«l.l..A:^.0.,T. I-..7
vSd.tl

Low.niKh Ix>if.HlRh Low.Uliih

15

-

20-83

Income
&itl.-l8(....«
Income
7
III. So.—
Iiako Shore
ai. S. & N.I. Skg. fd..?
flcr.& Tol.-s». land.7
New
7
( I. Painn.&Axh
7
I.nt. Itl.

90H- 90Ji 92

-m*

IS - 45

08M- »ik

05-00

81)4- 83

64^- 85

I.

&

Bufl',

& Eric-New....

Knl.Jt W. P.-lst....7
I.. Shore— Dividend..
lat con., coup
7

l04Ji-l(O 10.1)s-103M 105 -106
10'2«-10354 103 -103
105)^-1 05-yi 101 1^1025;, 102 -104
I0354-103-X lOSili- 104-54
104 -104!i 100 -1"5 [11054-1051^ 104J<-101J< 101 -102)4 1025^108)4 102)(-103
104 -lOtH
103 - 103)4
10.",
lOO«-10fliW 107 -107H
-106
1015<-101>a
115 -115
121 -121%
118 -lis

101 -101$< 10154-102
103)4-104)4 104 -V>iH
103HrlO.!)4,

113
I

I

124}^123

184>i. 125

120

-120

120 -180

126 -120
127
lat con., reir
127
12954-130
124)4-134)4 124 -124
7 I247i-125
v£d con., coup
7 119 -119.« 11944-13lj^ 131»i- 124 1285i-123.;j 120 -1285<( UdH-lW 117 -llOJ^ 117 -118 U7 -118
120 -I21!« 1225S- 123H l235-rl2354 12354-123J4 116 -119
11654-118
118 -lis 118)4-117>i
'.id con., rea
7
120 -180
Ltoiiar Island— 1st
121 - 121
121 -134
118 -118 120 -120 120)4-121
7 120 -120
1st, consol
5 98Ji-100 101 -lOlH 101 - 103 101 -103 103 -102 101 -102!< 100 -100 100 -101J4 100 -101
LoniMv.iSr N.— Consol. .7 118 -119 llS,Mi'-119!^ 119 - 120 116 -lis 110 -11754 lloJ^llO 113 -116 114)4-111)4 113 -116)4
Cecilian Branch
1025.4-10.^54
91-03 O0'4- 93
7 103 -105
85-00
T.-l8t.6 82-02
73-80 60-80 80-80
N. O. Mnb.
90 - S3
- 85
07 -97
E. U.
NaHh.-l8t...6 102 -103
103 -104
06 - V7^
98
80-87
(«eu'l inort
6 OIH- 94
90
92
92
95M- 0054 83 -fOH 70-83)4
St. l.ouis Div.— l8t...6
101
104
125

-127;^

127;.^-

128

-128

1275< 188

128J4-128>4 12154-123
127 -12854 124 -127
122%(-123

127}§ 12li>!j-130

-

124 -125

.

118!^-

118M

128

126

I

1155ii-1155ii

120 -120

-127)4 127)4-1885^
182
124 -187
124)4 1213^-125
118 - 118
n73>(-118)4 114)4-116
117 - 118
114)4-115)4
11:J4-118
-

i

-

121

-

125

lOftK- 101

112

-

11^

&

118

3 50-50

'Jd

Nash. Jl; Decatur
Trust bands

7

115

-115

4m-

lis -113)4 114
79)4-

»«

ta

SO

117

L.OU. N. Alb. &> C'.-l8t.6

90

- 94-Jj

91

-

04

89
97

-117

112

81-88
-sma 98-98
-

B9H

88
93

-113

7654- 80

-

94-94

-113

115 -115

76-79

00-94

92

-

93

78)4- 79
91 - 92

80

77-77

80-80

103 -103
100«-104"4 104!.j-107!< 105 -107Ji 10554-1085^ 100 -10554 100 -10554 98 -103)4
8-«83 - 83
84-93 89-90
91 -««« 95«- 99M 95 6
33^- 33
85-35
7 4il^B8H 57(i- t7>4 63 - 63M 56%- Bl>(. 43
Slirh, Cent-l8t,cansal.7 121 -125
\S5H-nS 187 -129Ji 128,H!-186 ia2;-i-i2454 183K-124 123«-125
1st, cousol
102 -!03
105 -100
102 -10254
5 103 -106>i
100 -100
t'onpon, 1931
101 -102'4 102 -103
100)4-10054
5 101).<-102K
102 -102
Itec.,1931
1(M -1005<
5 101J<-101!i
Mid. of N.J.-Ist
93 - 95« 04Ji-1003< 96 -100
SO - 86
80-84
mi4- 95
80 - 87
Mil. L. .-Sh. &;W.-lBt..«
100 - 103
106 -109
101 -106
100 -100
09)4-100
103 -100
Income
78 - 78
83 - 84!i 77 -81H
Q
Mil. &So.-lst
98 - 0S,k
6 97>^- 97Ji 07«. 100
08!^- 09
Minnenp.i<b: St.I..— Ist. 7 120«-I22;ii- 122«- 122!< 125 -1275<
125 -125
115 -122)4.
Iowa Extension
-181
120
120
7
120
H9,Vs-]20
r>3!.i-18354
•M, 1891
100 -100
100 -100)4
7 too -100 100,l<i. 111 101 -101

2d
Mex. Coot.— Isl

m%

9m

So.\Vcsi.Ext.-1910.7
PociiicExt
6

-K

112 -11254
102

-

102

...

con..

3

&

trust

<i

56-57
- 88

I'nion T-S.F.O 73-82
Nnshv.C'.it .St.L.— 1st. 7 11«>4-117
•id,

1901

N.V. Central-Extend.

117M-118

mt

34

86-40
30-30

30-80

- 40

^

-

20

60
87

107)4-108

94-95)4

108 -llOM
9254- 9S

32-32

123 -126
123 -ISB
102)4-103)4 103M-101
100 -100
100 -100

125«-12^

122)4-124

10:3)4-104

101)4-10l!)4 102-54-104

8^4- 88)4

87)4- 89

84)4- 83)4

99H-101

99)4-100X
85 - 04
117 -118
108 -108

182)4-133

97-97
.'.00

-102

78 - 88J4
70J4- 85
98)4-lC0M 9954-100)4

85-86
118)4-120
10854-108)4 112 -112
102 -108

11854-1 16)^

110

-110

102 -102

113 -118
-

7154

02

4554-

1M«

108 -102
70«- 78

58 - 71H
73M- 75
50 - 50)1 69)4- 6354 59 .- 61
9391-10554 103 -104)4 103 -105
02 - 63
51 - tn
106

104

106

95

03

71)4-

»)4

68 - 60)4
101)4-106

65-75
6034-58)4

9^-101

- 63

65-65

OSX- 74

53-58
10D4-106X
54)4-

flO

ia3)4-10J^

-106

100

104)i-10S54 103>«-105?t 101)4-104)4 103^-100

I

65-63

56-65

63-63

30

-

71

-7W4 71«-

-lOOX

30

.

76-80

fin

- T3

(to

-133

120

-ISO

120

1185i-118i« 121

102)i-102}4

6

6 81«- 8BH

1«S7

69 - 70

78«- 8054 T8J«-8m

6

N.Y. C.&II.-lst,cp..7
Ist.retr
7

59-60

20-22

Mutual

N.J. So. —Int. Bunr
N. O. PiiclBc-lst

9054
- eg

iJi)',.-

debenture. 7
debenture. .7 28
3d, prel., ricbcntnro.7
4tli,prel., debenture.

1st, pre(.,
!2d, prct.,

103M-105J4 104 -106 104)4-108
03)4- 93)4 esH- 97
90H- 03

- .... ....

1005<-100i<

103M-103;<

76 -Siii eoH- 82^ 81M- 8S>i 7354- 83M 70-79
86 - 70
•««- 71J< no - 70!^ 00 - 65.14
Consol
7 lOSVrllOJi 107 - 109 108X-1095< 107 -IHH 101 -IOTJ4
>2d, income
- 60
6 02-68
150
66 - 70X 6m- ''OH
Ilnn.JLrCen. Mo.— l8t.7
lO.i -H054
108 -108
Mobile
Ohio— New ..6 104,"<-100 IMH-1065< 107 -108« 108 -10l??i>« -l(«8>t
C'ollali-i'iil

87X

80-80

HlJ^-119

Metropolitan El.— Ist..

i.en. cousol

78-79
8054- 92

88 -

niau.B.Iinp. Co.— Iiim.7
Alem.iSL'Clias.- 1st T.I. 7 110X-110>«
'id, ISS-i
7

88

42 - 42
117 -117

Louisv. X.O.&T.-l»t.5

Mo.K.d:T.-Cien.

82)4-

95-95

7754- 79

112

79-80

-nsa

78 - TWi

97-97
86 - S9

495i

itoji-iiej^

6

-no

101)4-101)4

&

-em

UH -104X

-113'

-120
-110
-119

- t!6
-ISO

00)4- 67)4

113 -117

67«- 74

116)4-116)4 114)4-118

6854- -JtlH
06)4-68
74
116 -117M U6 -116)4 118 -iwa

92-02

88 - a^sw

84 - Sfl?< S854- 8154 l'.l)"(r 80
107 -107'4 107 -107'4 101 -103
106 -10(IJ(
i:ii'i-1335^
I31«-I33
131!.);-1.12
133 -131
'.81
K)l -133
-)3ljj 131 -13154 132 -134

00

48

-

ios>is-iaiM I01'l-107

lOl

-

104}i-103

1065<- 1065<.10.3M-10JJ( 105

50 - 575i 5354- 58)4

10454 102

-105

104

-103
-103

50-54
104
104

60-50

53-68

60 -

5t»

106)4
-104M 10D(i-lO«< 101)4-1085< l<mi
-104
IO4J^1O04'1O5 -105

1S0J4-IS3
132)4 127 -131,14 1305.4-13154 130)4-131)4 ISO -1305* 129M-131
1335< 120)^-130
139X-1S0H 130 -180)4 18^-130 120 -VKH 131>4-182W
102 -108J4
104 -lOS
104^-105 in454-iai8< lOB - 102)4 108)4-10^ 103 -103)4 108 -103)4
104)4-101)4 10154 10154
Can. So.-lst, Bunr. .. .3 95M- OCX 90 - 905«
93-90 98-90
lOi)
98 - 97)4 00-08
00 - 97)4 96-03
98-»-101H 09>i-10|-i OS -loix
•Jd
70-75 70-75
88-80 1*3-88 sow- S8HJ 80-87 76 - 80 75-82 84 - 86)4 7754- 82-H
Itnrlem-lst,coup....7 1SO«-130«
130 -133
(34 -133 .12flX-lS0
187
130 laS -128 1S9«-IS0 120)4-129)(; l^JO -ISO 127 -127 187)4-188)4
1st, res
7 128X-I30H
120)4-130)4 120 -180
I88)4- 188)4 12054-130
129>4-189?i 12054-130
N.Y.Chi.-.&,St.I.,-lat .« 100 -102 IOIJi-105« 101 -lOOli 106)4-101) 100 -umt 00 •100
03 -96^
93-03 93 - «nt
93 -100
2<»
G aa'ii- 87 87 - 01 80.x- 87H 8654- 875(1 T.I - 83)4
60-60
50M- eo)j
N.Y.City *: No.-(Jcn'l.6 31 - 32
33-35 35 - SB 38)1,- 3654lrfIJ<- SS 31-83 33-83 S'j - so 31)4- 81)4 30-80 38-80 3S)4-S«M
Trust Co. receipts
33 - Xi
15-35 35-35 ift - 36
1.5)4- 83)4 30 - 3354
89-29
02X- 34
N.Y. Elevated- Ist
19
7 U05<i-117k 117)»-118;ij 118«-11954 120 -liOlJllS -120)4
115 -116
115 -117)4 117 -118
117X-118)4 119 -180
l:»

-131

130

-

132

-

lleb<!nturo
.5
11 ud. Uiv.-'2d,s. fd .7

*

04-0

!

-m

.

THE CHRONICLE.

16

[Vol. XL.

COURSE OF PRICES OF RAILROAD BONDS-Continued.
High Low. High Low. High Low. High
High Low. High Low. High Low. High Low. High Low.
Low. nigh I^w.HIgh Low. High Low.

BOMDS.

K.Y.& K.Eng,
l«t,

1903

•

AUGUST. Sept'bkh. Octobek

J0LY.

MAT.

JAUUABY FEBB'KT. UABCB.

83 -100

-l»t.

97X-101

10156-107

t05^108H

eOW- 93

-99«

90-90

M.Y.W.SU.&H.-lHt
reg

M«

'08

-104

1025^105

6

100

-;oo

ICO

6

Oblo t'rnlral— Ist
terminal

02K-e9«

- 66

01

118

-117H 117X-118
9 117J4-U7M U7J(-118
f 181 -i21H 121 -121

Consol

118

7

r!«outl>ern— 1st

—A

&

-118

-U8H

118

80-81
SO

6

ad. Income
Nnv.— 1st
Or. R'y.

-

121

M

Oregon Trans.— 1st
Pacific Kallronds—
Cent. Pnc-Cold..
8an Joaqnin Dr..
Cal. li; Oregon

-126

100)i-lll

130

-130H

108«-108%

89-90

108>«-109J< lll»i-lll

—

6
Land grants
6
Western Pac
Mo.Pac-Uen.lst, I.g6

01

-101

100

-lOO

89

111

-112

,07)4-114

-106

loeji-iosjs 106

....6 105

-lom 1005i-102)^
lDSMi-104J< :01 -104)^

.

-lOS

97)^-

S

102)^-107

C.Br.U.P., fand.cp.7
Ai.Col.ifc Pac.-lst.

M

05)^-100
100 -102
-105M 97 -103
102 -103
04 -102)4 96)4-9954

Oreg.Sh.Iilne— lst..6 eVH- 94
Utah South.— <3rn ..7
Ext'n, Int, 1909...

96-06

Mo. Pac.-lst cons....

I01!«-102

103
95

-102

90-00
08

- 05!^

103 -110
106)4 106)4-108

-U5H

7 112K-113

113^-110

Pac. ol Alo.-lst

« imi-106

104«-106« 105)^-106

7

St.li.de S.F.-2d,"A" .6

Clau "C"
Class "B"

6
6

Bqnipment
General mart

7
6

109^-110

110

9854- 99

95«- OOH

97-09

96 - OOK

96«-09K
100

-101

.

89 - 91
gr.« reg.7 39 <ir. DIt..,.6 mii- 75

mi

7

106 -106
104)4-I03)i
-112
112)4^12)4 i:o -110
103 -105)4 100 -100
100 -lOO
09)4-104
95 -101 5i
I015i-105
100 -104
104 -105)4 07 -102
108 -106
105

- 61
- 73

-105)v 105
108

92)4- 92)4

485<- 64

-181

44 -:53

07

lacone
U DO - 60
KransT, DIt
U 100 -100
Svaaa. Dlv.. Income. .6
Peortadc I'ek.lJn.-l st 6 93-93
nill.&^Rrad'g—Gen. .6
Drf. rred Inc
28M-2SX
Pall Pnl.CarCo.-Deb 7 101 -10«H
.

-127

63
100

-100

-100
-100

10754-108 108 -108
103 -10754 106 -108)4
100)^-108
103)4-106.34 107)4- 108)j 103)4-105
105 -107)4
8054- 83)4 84 - 90)4 8(1, - 95.34 91-95)4

108)4-107
107 -107

99)4- 99)4

-81
75)4- 82

104)4-106
103

-108

104J4-104>i

107 -107

.

9.3)4-

9354- 95

97M

01)4- 94)4 .
3^.-103
10254-104

7

6 65-65

Bell. i& So. 111. -1st. ..8 117 -119
B(. !..«; Iron Mt.-lst..7'11S -lt65<
8d, 1S97
7,106»<-10««
Ark. Branch
7 100 -107

84 - &4

78

80-80
82-89

88-82
87-89
98-99

- 87)4

05 - 98
90J4- 94

95

89.34-

91-95

9154- 9454 08 - 9454 95 - 05)4
103)4-103)4 103 -103)4 103 -104)4 104)4-105X

38 - 455*
87)4- 69

»«4-

9~)<

06-07

04-95
mx- 93

140

-140

40 -

135

OC

-133

1£3

-123

117

-117

117)^117)4
-105

108 -108
100 -100

.

20-20

59 - 01
-105

95

97)4- 97)4

ass\i

83-40

90

36)4-88)4 37)4- 88)4
44 - 54
52)4- 54
41)4- 41)4 40)4- 50)4 50)4- 62
97

97)4- 99)4
06)4-

117 -117
138)4-138)4 138

-130)4 136)4-138)4

124)4-131)4 135

34-86
44-60

07)4- 08
08 - 06

- 05)4

109 -109

101

103 -103

73-75
83 - 425<f 32 - 40
47 - 65)4 46 - 61X
48-48
47)4- 50

-138

0^

188)4-139

136)4-1SW<
125 -183
184 -1S4)4 126 -127
110 -110
117 -117
95<<- 95)4

9454- 96

124)4-125

128)4-130
122 -123

-118

118 -118

118

98

-96)4 07 -100
- 95

95 - 97)41 04 - 94)4 9434- 9454
83-41 33 - 40
100 -100

108

94
101

- 97)4

-101

103

68-70

- 70

60-60

60-52

60-54

50 - 51

98

-100

95-99

98)4- 98

03)4- 94

02)4- 04

5<J

- 60)4

49 - 59

40-60

45-50

63-00

03-94
50-66

-110

107 -108

88)4- 90

78-80

78-80

64-70

64)4- 09

118

51

-113)4 110

8954- 04'

104

-107

40-45

106

-106

103

-108

85-88
45-53

56-65

68)4- 70)4

6854-

87M-80

25-25

. .

Dividend bends

83)4- 85

•01X-101)4

64 - 67)4 89 - 71
Rich.
DanT.--Cons..6 93 - 94X 04 - 96)^ 9554- 99
Debentore
6 6»ii-0i eox- 02 80-68
a«ch.
PltUb.-lst .6 lOTK-lOS 106 -109)4 110 -112)4
CanMl., lat
6 «t -92 08-96 94 - 95>,
tacowe
6 40)4- Be 66-60
Itomo W. «c f >B.-| at .7
109 -10»
Con., 1st, ex
87 - 71M 70)4-77)4
11
6X4- 68
Income
7 90 - 32H 34)4- 38
86)4-42)4
8t.I..AIi.«; T.H.-l«t..7 118)4-118)4 114 -115
ad, pref.
US
-118
I0«
-110
7

3d, Income

82)4- 80

94-98

67

130)4-181)4

-102

Itlcfamnnd (k All.-lnl.7 05 -

.

-

-132

- 60

100

100
81

-100
-108
-105

103 -103

-131

6S

-100

- 82

-103)4

53
100

82
06
06
03

80-80

- 47

124 -125

-119

95X M)4-96)4

94'X-

90-00

-103

131

-100

-

103 -102)4 100)4-103)4
05)4- 97
98)4-100

109 -111)4 110 -112)4 110)4-111J4 110)4-112)4 112 -114
105 -10054 105)4-10654 106)4-106)4
107)4-108
107T4-110
-113
110)4-114)4 112 -117)4 117 -118)4
1075i(-109
-108
lis -117)4 n6)i-1175i
103 -103

90-08

131

119

100 -101>4
104)4-110
-102J4 102)4-103)4

-105

-104)4 101

00-99

-128

117H-117M
-106

90-99

-105)4 104

S

-138
-132

II054-11051

100 -101

-

137)4-139
135 -138

127 -128
IIOW-IIOX ill -111

127

100)4-101)4
105
104)4-105
10254-103J4 100

91 - 93)4
01 - 97)4
98)4-100
100 -103
100)4-102
102 -105
100)4-109)4
99)4-108
OS
104)^-10554
105)4-10554
LOS -105-54 103 -105)4 103)4-103)4 103)4-103.34 10354-104
106 -107
107 -107
105 -100
10834-110)4
108)4-100}4 104 -104
07 100 -100)4
98)4-100
101 -101
07)4- 97)4 0S)4- 89
99
00-02 94 - 98 08 -100)4 00)4-100)5
98)4- 99)4
89 - 07
89
08 -100
99 -102
9854-100
UO - 92
-102
08

01)4- 02)4

9654-96)4 98)4- 07

183)4-138)4 131

128

95-00

98-99

65-79

97)4- 07)4

71«- 76H 04-73)4

133 -138)4 1SS)4-1S8!K
136 -133
l3S)i-IS5)4 136

110)4-113
108J4-111
101)4-101)4 102)4-104
99 -101

-108

90)4- 91

»5« 9554-06M 95J4-96)4

05)4-

-110

-105Jj 104)4-105)0 102

95J«

ISO

-103 104
-105)4 100

- 98

90)4- 98)4 105

08)i-105
116)4-1165< 111 -111

0I5<- 05

Cler.A; P.-Cons.s.fd.7 128 -12S

4th
e
Bt. L.T.dk T. n.-I st.7
!M.gaar., 1898. ...7
Veorla Dec. A; St.— 1 st .0

-106)4

B3M-645S

Pitls.C.&8t.I..lslcp7
Pllts.Ft.W.ikC.-l8t.7 136X-137
3d
7

3d

115

67-68

95-95

ioo;4-;oi

8o. I'nc.of.llo.-lst .6 103T(;-104« 104)<-105
108^-109
Texas •& Pac.-lst... 6

m
iH

-109

98

1.05

03 - 70

03 -

!

100 -101)4
104 -106
102)4-104
103 -10%
100)4-101

70-84

-n\H HI

08-99

Consols
Tnc.& land

108
107

89-90
85-86

-100

I02H-101« 104)4-106)4

-

-105M 05 -102
74 -82)4 74)4- 83

945i- 95X 85-95)4
104 -101
103 -103

Mo. Pac.-3d

tM

87)4- 90

60)4-

STH

109^-110« iroM-iio«

90-90
80-05

At.J.C.&W.-lst.e

93

05

93H 9»4-98>i 92-94

93 -

ea-fi

- 72

110)4-inM 110)4-113)^ 110)f-112

-101

108)4-110
l09?«-110Ji llOK-111
108)^-109^ lOOMi-llOW 110 -110)^ lOO -107
80 - 9C
9S«-96« 06)4- 989t

- 93

70

103)4-10354

-103

92-98

6

66 -

-15

71

81-88

81)4- 2254

1015)4-107

05)4- 70

03

U5

t

-107

118)4-118)4

100 -101)4
81 - 855i
21)4- 2356 20)4-22)4
109-34-11054
1065f-103)4 108)4-110
ICO -100

20-23
103

4-5)4

65<

- 80)4

79 - 81)i 80

- 81)4

60

-

98

96 -

Denv. l>iv.-AS8'd6

101

4)4-

113 -115

-110
-105
-101

103

5-10

4)4-

11054-1105i

80

5m-

54 - 65

60-50
117)4-118
118 -118

- 70

103

101

-105

K.Pac-lKt, 1S93.6 lUM-lim •.07«-10»«
6 10I!«-197«I:06M-100
1st. 1S96
1 St. consol

-

50

•72M 63

toti9<-ioe

Hiuliing fund
Registered

&
&

60 - 65

0-10

- 26
-103

65

.

-76)^

69

-114M 118«-115>« 115 -U6H 11SW-116?6 112 -iUH 104
lOOJfrlOTJi 106 107H tOl
109 -110)i 110H-I12
7
8 IID}<-118 Il7«-U8k 114 -115H noH-um 104 112 93
107
114«-114« 11414-114K
8 ivm-uTH

rand grants

AsKrntrd
PennsylTnnln RR.
Pa. Co.—Coop
Begi-tored

00-09

113

6

Union Pac.-lst

Rio

mi

82
74«

Oen.lst, I. g., reg..6 ioox-ioa«
6 102J1-104 104 -106X 106H-107H
Ho. Pac. Cal-lst
da. Pac. Arlz'n-lst.e
8o. Pac.N.Mex.-l«t6

Isl.

54-60

110 -117)4 116)4-117)4
117 -117)4 116)4-118
112 -117

- 85

17K104 -108K 102J<-104M

lOSX-lOS^j I03W-103)< 103)^-103*j ioo>^-iook 103
10OH-10OJ8 101?«-101JS 101 -101
10^-104« 102 -104)^ 95
10«>t-1045< 104K-105« 106 -107
101
111 -111
108 -1091, 109M-109H 110«-lll
101 -lOSH 1CO)4-105« 98
05 -\OZfi 98H-102
100J4-102

7

Collateral trust
Collateral trnst

- 24J^

22

64)4- 60)4

-101

101

72«-e6)« 73 - 81

U'.ii-U3H IISJb-HIH

.

45 - 48^

50

.

116

108M-10a

82« T9J4-80
70« 88-78

Oreg* Imp. C3o.— iBt..

43

-63M

83

69

es

Wa- 88
20-23

84

-

-ISO

102!<-105H 104}i-103

Debenmres I8S4.

f4tatc aid

73-74

- 05

05

02 -102

102M-102V^
106 -107
esH- 70

- 8
B - 7H
13 - 13
111)4-116
114>i-ll9
117H-118 118K-120)4 117!,i-120)^
117«-:i7W 119 -120J4 118 -120>5 1141^-118 U7 -117

lOJ^- 14

9«- lOH

'
Income
Ohio d: MiM. Con.s. f. .9

Ohio

75 - 73

105

-100

Irani....

Sd. connol
1st, Spring!. Uiv

93

-108

55Ji-

Kortbcrn, f;al.-l«t....6
lat,

-

77 - 77)i 71
70«- 82
80H- 86
65-05
81 - B2«
89)4- 4154 S9J4- 4254
4054- 45
- B6M 42«- 66
87X-45)i 38«- iOH 39 - 4554 40)4- 44
54MS- 59H 60
41%-07M 5m- 67
89 - 4t
39V 42« 40 - 4S)i 89 - 40 89H- 41)4
37 - 41H
52H-6SMi 54H- 68K 49«- 615^ 43 - 63H
00-94
101 -10251
-100
•*,.„„
107«-108)< 101 -104>^ 101 -101«
-108

43-54

Ii.V.«:TcJ[. I.niid-Scrip
lat,

-104

-102

102

F.Y.K.H.&H.-lirt.r«.4
M.Y.PU.& O.-Pr. teln.6 107«-108
53-53
f
IMi Income
- SOW 79 -82« 81«- 88
K.Y. SniHi.&\V.-l«t...6 78
60
54 - 57«

Kort.& Wm».-Ocii.
Kcw Rl»cr-l«t

03
108

-108

106

103

104>i-1065i 103)4-104)4

103Ji-106

-lOTJi I00>i-103

101

108

-108

32)4- 33)4

-118
112 -112

US

-113

-

....

45 - 45
113 -115
-114li 114)4-11454 UO -1:4
47)4- 65

-180
-114)4 114

no

-uiM 111 -111)4 10254-108
-109)4 103)4-110)4 109)4-1:2
110 -no

1<!6)4-10»)4

107

64-71

70H

50.34-

67)4- 08)4

61

91

5054

- 93)4

50)4- 52
03M- 96)4

50-66
50
108 -108
106 -107)4 106
85 - 87
89 - 90!4 88)4- 90
68-66 55 - 65
109 -109
- 50
-108

25 - 25

-70)4

70-74

- 31

33

-S4

-112

117)<-117)( 118
1(»)4-105!<

65-68
120
113

7C - 75
3454- 85

50)4- 62)4
92 - 93)4
47 - 64

100

-101

100

-10054

09)4- 99J4 101

- 25

21-30

90

42

-112
00 -103
101 -104

-113
-104
-103

110
101

-112

20

no

100

-103

tot

101

112

-112

101

-102)4 103)4-103

107)4-108
10O)4-10(»4

35 - £D
107

-104)4 104
-100
103

-10754 110

-111

-104)4 101)4-105

-100

106

-108

111

-112

100 -102
106)4-108

111)4-113
102 -104
105 -I0»

January

THE CHRONICLE.

1885.]

3,

17

COUHSE OF PRICES OF RAILROAD BONDS— Concludbd.
Apaiu

Sept'bkr. OCTOBIII.

Jdhb.

BONDS.
Low.nigh

AI M.-CiVIMnty

hl.I,

lOB

& Tcxnn. 7

Cnlro A rk.

-107

I.aw.lllgh

Low.HlKh Low.HIkIi

1069<-10a

108 -108M 108 -108»J iro
107 -108X 107H-108>4;iO.S
70 - 74)j! 00
74J<- 77

100«-106« iae>4-io7

71
<Joiicralronaol,niorl.3| 08^-73
B«.l».MInii.Jk.M.-l«t..7 107 -tOOH 108

aianH-iio

2ii

Dnkain Exleniilan....o|lO!i»«-110
R\ OSJi-lOO.
lK(, runxnl

—

- 7«

-IWH 108H-100M lOBH-Ul

110«-112

lUH-llS

•

-no
-

80

-105

«l.

6 51-55

Tcx.&N.O.-

l.oili«i&-

51

- Bl

!03

-108

93-93
30-91

92-02
03-63

-104

lo;i

-ii3>«; lOS

.

•

105
100
04

99

100

57

103H-10S
-10.1H 103H-103
-108
103 -104
- esji 60 - flSX 67 - 70

•

-

t....

105

00

-118

109

U7

- U7

lit

-111

lot

-io5;i 104

-105

lO^^lOl

103

-103

102J.(-103

10OJ4-103

102«^103

08W- 09

59 - 69

-C7K

63

KH-TSH

- 77),

77«- SI

Iowa

6'

Hiviiilon

—
—
5
0:

-

••••

1900 7

"

••

-

...

-

...

109

80

1% »T

-.03

03

99 -101
75 - 83

89

06

100

-102

80-81

81«- 84

53 - 00!i

53-98

—
7 70-81

Equipnirnt

7

CODHOI., COOT
Gt. WcHteru-lst

-

-

80

North. Mo.-lHt

-103
-

85-85
79-75
99

98>4 lOO

SO
- 87

81-83

7 116H-117M

Wabasb-Fund'd

6S

-105« 1055<-106

..

Clariiifla ltraiich...6
Ht. Chas. nrldKe....6

-

105« 108K-110

7 1065i-106M 103«-104
ad
7 93 98),;- 99
St.L..K..C.&N.-RI.E.7 I,103 -109 108 -109
Umahn Div
7 109 -llOH 09J<-110>«

37

44

-

47H 39

3S
44 - 07
75 - TfJa' C3

BO
70

82
55

53-70

eOii- 73

U7

90

81

84^-83

t2

107M-100J^
80 - 81>^

-

45Ji

- 39

39

BShi- 70>4

BOJ»

- 83

80-80

80 -

-

09
VO
BIH-IOOUI 85

105 -!05
99J( 91 - 9714'

-lOlW

1M54 9SH-•100
-

9S« 88

-

91

99.Ji-102

95

lot

-•

90

- 60
-

-lOlJil 00!^- 93

106

-107« 101)i-106J<jl00

-

103

-114

-

108«

H-

109

-100

108«

112

-113

99

90

A, 3to 5. 1900.
Class A,Hmall
Class H.G... 1900
Cla«s C. 4s, lOJU
6s. 19-20, 1 00
Arkansas—:J8. fd., 1899-1909
78.1,. U. & Kt. S. Issue.
..

ll8>i-118K116y-119

1118

-115

81
j

- 81

97W- 98

Memp lis * Little Kocli

U

K. P. II. Jt N. O
Miss. O. .It K. 11
7». Ark. Central RK
7ii,

l>8<',

7s, now bonds, ISSrt
7s, endorsol, l-iSis
fs. Bold bonds. 1890 ...
Xrf>ulslanii— "s, conaol., 1914
7s, smalt b.nds

connon
issxi

Missouri— Od, duo 1386
63 1887
6s,18S8
8b, 1889-I890
Asylum UP Univ., 1892
ISlU-!t5.

.,

Hann bill X Si. Jo., IsHiJ...
Hannibal * St. Jo., 1887 ..
New York—«s, gold, reg., '81

.-.
6s, gold eou >on, 1S87
ilOS
Os. loan. IS II
113
68. ban, 1SJI2
6j, loan, lSi);t
ill7
No. CdroHil'a— Os, old, '8i}-'9S, !J9
6s, old, A. 6cO
Ifl)
N. Car. Kit., 18.SM-5
'l60
N. Car. UK., 7s, coupon oil ia3
.

AO

N.Car.illt ,\.
... 160
N. Car. Kit., 7s. i-ounon off 135
*'undin^' net, IHliii-liJOO .
'

FundinKa

(. Isils-IMlis .
ls,J.
J., 1803.

A

AO

boiKis, A.

Chatbatn UK.

...
1,

1898-9

Bpcclal tax, clu.ss 2
To W'n S. C. nil..

To Woater.i RIl
To Wll.C. AUu. nil.
To W'n A Tar. UR
a», 1910

Cons"l.,l<. 1910

I

i

.-Os op.,

;

'1)3-00

..T— 6», act Mar.

l-jl>.(,ni.ri-fiinil.. 18^8 ..
Bruwri ij.jnscil.. flu, lSl)t....

:;.!.

Tennessee—I!.,
«s, n
<'-.

•»• b.ls..

•"

-

:

nirt,

lHMn-2-8

lSll2.Y».l»0lr.

lull

ri...s.

Vlru'liu.i-a .,,1(1
6». nnw b,.na.<, IHBO
e«, new b'tniU, 1837,
6r.

cnn^

1^.

t--\

ur»'(i

t
.

'

P-.

b inds

il.

:,

'

•''.

y

.

I)H

.

;

M'l:|l
»'•.:...

:

'

,

i

COUOOUS

H;iia-3-063,I024
,

r..i, .;•.. .:.;::::::

fiui.iui.. :>slS0J
1>". Krnill

Do.

..

Herlos

biiiil*

''.

'.

U<vl<ion«1

104
-103>4 101

l')2>)i-103Si

lOi
•'"

.

Special lax, class

80K- as

-103

- 75
-100
-100

50-72 63 - TH4
99H-102J< 102 -1049i
87 - 0O.Ji
75K- 83
100 -101
97 -105
92^- 98
95-96

83

I,

114

80-80

Alabama—CI.

bon

sm 80-83

73 - 73
70 - 73K
101^-104 105 -106
lOl-^-lOlk 101«-103
94 - 04
9e!4 98«-96«
OOH- 97
91 - 03K 93
87 - OOJ^ ma- ooj. S7 - 00
88 - 95^ 9%-97H

102
- OSJi

74>«- 87

OO

745<- 88
-105H 102>i-105

118 -118

8ECURIT1IS3,

New
New

- 73J<

- 34

Us

110 -116M 107)^-110

73 - 75
108 -115

70

-102
89 - 91
100 -101
08 -100
102

- 74

78-80

80-83

I0i;^-102!4 lOOM-102
104 -104
87 - 91
88 - OIH 92«-87«

06

-101)i

100

-100

-110>t 103

-110

95 - 88}< 99M-108
97 -100
99)^-102

80-80
108

108M-110

110

-in

118

-115^1 115J4-H5JsjllO -110
114M-117)t 115 -115}i lllj^i •118

[Complied from prices bid at the

,

71

55-55

105 -107H 107
106

-110

112

-no

ii:h-iii«|iiij<-iiix

-112

COURSE OF PRICES OF STATE SECURITIES DURING THE YEAR

FuiulinK bon.ts,

86X-39X

iat.—
...6

'id

7
West. Un. Tel .— Cou». .7 lis -114
Reffisiered
7 112K-113

miituroii

35M- 80
07 - 71

....

SSm- 87
105

Warren—-Jd

Kx

80-88

70 - 71

Tol.iS: W.-lsI, exl'd.7 107}<-107H 104
l«l, 8l. I,. Iliv
7 93 -10l« 99
OS
Sid, exicnilcd
7 P6«- 09

Mlchiuiin— 7s,

-lOSX

90-90

I

50".^ ...

80-80

...

7 105 -107

Cairo Uiv

Georgia—6d,

10O)i-103

07

•

-100

S6 - 88
103

i'nc—
5

7s.
78.

ICO

90-90

-lOoSi'lOj

BOM-

I09X-100W 103 -108
88 - 93^ :00 - 94
04M- 90
««- 67 68-78 63«-7l

6

Tot. &:\Vab.

104

lOilJi

llOH-113 112Ji.n3« 113
80 - 80« 81 - 81!^',...

(Jrncral nioil
Chic. Uiv
Ilavauii Div
Tol. P. iVW.-lst

Wab'Hli-JIort.

-112

lOTJi-lOTJi t08«-109

7

S.I)iv.1iit.«i

VirsiuiH.MiilliiiKl-liic.e^

Wnb. !Sl.

111
lis

Low.UlKh Low.UIgh Low.lIIgh IX>W.HlRh

-107

.

InconicH
Tr.vn»C'ciiiral-l«

-114

I.«W.HIilh

lOlM-lOe 104^-100 lOA -108
102M-109 103H-104MI 101 -108K
66-78
64 - 6'Sii 64-67
•72K
no 115 107;<-108Si 109 -no 109 -llOJi llOK-111 10H -110
113
1.^8 -100« no -110
lOftJi 105« 105X 103
lOSM-100 106^-IOS^ 106«-110H
111
UOii 106 100 107 -110 109 -109^ 107)^110 109)i-ll0 107 -108M 106 -109X
10«« t01)4- 106M 98JM01 loox-loa 100}4-101>^ 100 -102 100 -lOB 108 -10«
105
100
53

106

99)^10J)t 103M-108

- •'
iHt conHfil.t rrir
U
6--. niln. t'liioii-lHt
Sheiinnil'h Vnl.-l»t...7|I0«)v;-107
(ini. iiiort
6 •••• - •••
HaailiCiirolina-~lst... 6 :04 -lOS

2il

118

Low.aiKh

l.nw.lIlKb

-105
-103

New York

Stoek Exchange on eacU Friday.]

lOi -108;< 108 -106
107 -107
109 -109

1884.

[Vol. XL.

THE CHRONICLE.

18

NEW YOBK.

EXPORTS kSD IMPORTB OF aPBOIB AT

Impo^'ls,

Sxportt.
aoid.

Week.

BnicIUb market Keports-Per Cable.
at London,
The daUy closing quotations for secunti^, &c., are
reportea
«ad for breadstuEEs and provisions at Liverpool,

by

cable as follows for the

week ending Jan.

3

&reat Britain
France

Tuet.

iron.

Bat.

d. 49%
BUver, per o»
99i«
Oonsols for money
9i)%
OoDsoU for account
78-90
EVoh rentes (In Paris) fr
115%
U. 8. 4iflS of 1891
ir B 4fl of 1907
124'e
4508
Canadian Paciflc
CWo. MU. &8t. Paul.... 7316
14%
Erie, common stock
Illinois Central.....--.. 121>*

—

49'8

99

9.13l8

9918

9Sl8

791.'>

79I2I2

115%

116i«

11618

124-'8

125%

125%

45 >9

45%
73%

72-'8

I414

120

FhllnAelnbladc Beading
KewYo Central

66%

87ifl

tiverpool.

Sat.

Mm.
d.

t.

14%
120%

W

88%

d.

1.

d.

$.

1.

3
1

a

6 10
5 4

6 11

6 11

-3

'•

"

Pork, West. moss..* bbl
Bacon, long clear
Beef, pr. mess, n^w.f to
Lard, prime West. 9 owt
Olieese.Am. choice

60
31 6
81

38
62

i

1

7 2
9 8

3

162

IH
21-2

d.

9

8
7 3
7 1
6 11
ft

w

6

81
3

36

••

36

776,372 77|124,514,371 3-< 16.037,749 S2
1,137,836 69il-24,i65,12J 91 lG0fil,728 77

910,(;08

0,5

15 125,1153,092 78 15951,947 29
812,820 12!l2S,137,9iJ5 62 15,901,262 16

"t 7,0 10,28 5

78

2,373,361 311129,860,553 07 l5,i597',589'38

*1, 149,741

11.79.3,553 00

6.255.135 Oil

Includes $6,00O.00iJT!bld ccrtillcates put into cash.

Shares.

250 Buckeve Water and Hydraulic Mining Co. .13c. |*
1,000 Breece Mining Co.. lie.

Imports and Exports for the Week.— The imports of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise.
The total imports were $4,907,279, against $4,314,539 the preceding week and $8,133,943 two weeks previous. The exports
for the week ended Dec. 30 amounted to $5,383,593, against

Iinpoi-ts of Ijcadlus Articles.
table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port for
the years 1884 and 1883
[The quantity is given lu packages when not otherwise apecified.l
:

$8,421,539 last
$7,845,104 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Dec. 25 and for the week ending (for generalmerchandise) Deo. 26; also totals «ince the beginning of the
first week in January;

1884.

1882.

Oen'Imer'dlM..

5,091,485

ToUl
UnttJan.l.

16,929,597

1883.

Earthenw

$1,440,528

$10,026,831

$7,413,394

?4,007,279

3,4t)0,751

TOHK FOB TUB WEEK.

«6,39.5,10ti

$C,477,.'i50

341. '399.730

5.432,515
350,930,214

62,811
«4,l-o9

3,061.105
8,616

9,686
32.255

Cochineal..

Gambicr

1

The following table shows the exports and imports of specie
at the port of New York for the week ending Dec. 27, and
January 1, 1884, and for the corresponding periods in

.

Indigo

Madder, &c
OU, OUve..

Opium

.. ..

Soda, bl-cb.
Soda, sal...
Soda, ash..
Flax

Furs
Giuuiy
Hair

5,0-8|
30,'jO7;

316
65,541
90:
9,32."

22,543
77,268
13.93/.
3.0!>b

Hemp, bales

3o8,398

12,7-25

.

2,393

Hides, dr'sd
India rubbei
Ivory

84,6''2

..

Jewelry ,<fecJewelry . .

Watches

.

.

Linseed
.Molasses...

Metals,

7.14-;

Hardware.

Wines,

7,21t,
3sfe

Wines

baskets

72,87!) Wool, bales

16,-241 Fruits,

1,343
lK,24h
257,461

245,334
273.898
91,268

$

$
l,S0i.233
1,051,887

1,859,351
1,327.197
1,055,311

1,721.010

1,260.967

1,473.11941

l,7l>3,9!)8

1,075,9!)

I

4o.—

Ijemons

Oraugcs
Nuts

..
.

.
.

'

],52:i-,I92

090.591

482,103

237,581
260.10)

27.5,507
li?4,933!

..

l,17!f,174

...

286,956

1,537,581
370,835:

8.026 Eice
88,6-i6 Spices,

3,122

.. ..

Peiiper..

1,584 Sa!t)>«tre

416,971 Woods
93,652 Cork
Fiistio .....

7,263
1.132

1

&o.—

Cassia

Ginger

5,268
738

176,781
203,749
84,513

1,081,071
Raisins
2,'?91.i;0')! 2,6!i6.427
3,749 Hides, undr. 10,456,767 17,118,674

3.101
l,61f

82,310

595,61tf

4,9I3,3S3
1,223,738
103,433

Keporled by

value.
30,7331 Cigars
103,44ol Fancy goods
7,2 -(8 Fish
9,1)31'

2,271

l,021,0r.S

.

602,901
6,011.593
1,091,873
90,435

&o.—

Champ'gne

80-.;

9,4-..2

41,457

Spelter, lbs
Steel
Tin, boxes.
Tm8ll)S.,lbs
Paper Stock.

Tobacco

181,863
15,515
15.4S9
4,43 \973 7,123,625
1.8(i(\4!7| 2,389,932
l,979,-.i04 2,137,277
21,77J,.541 25,390,789
a03,572
241,635
128,245

" RR.bivi-s

Lead, pigs

8,763

2,025

&o—

Cutlery

Metals, <Sc—
Iron, pig...

59,351
02,951
3,367,871 Sugar, hhds,
9.996 tes., &bbls.
Sugar, boxes
14,47? and bags
37,83 1! Tea ......

•",401

15,113

Ac-

41,587
57,318
718.275
70,182
10.383
12,3;3

31,451
4,614
6,10b

clotli

Bristles

$5,332,591
321.683,619

.

Gum, Arab.

Hides,

1884.

Total 52 weeko. '.377.019.979 $347,877,280 t3.5»,362,72i<|
j327,oco]n

10,51:1
10,r,46

Blea. powd.

In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
pecie) from the port of New York to foreign ports for the
week ending Dec. 80, 1884, and from January 1 to date:

370,654,879

70,98-'

Cocoa, bags
Coffee, bags.
Cotton (bales
Drugs, Alo—
Bark, Peru.

Total 52 weeks. $439,03 1 ,057,$197,780,2 10 $160,880,034 $115,492,016

1883.

771,202

Coal, tons...

$111,407,545 n32,2C2,760 $121,503,817 $111,972,462
327,(»23,512j 305,517,450 339,^71,217 303,519,551

1882.

3B-,16fi

.

Glass

1884.

7,l63,9'i7

mOM HBW

41,166

China

1883

1884.
1

Glassware
Glass plate.
Buttons

$1,495,900
5.017,194

1883.

Ohtua, <&c.—

HBW TOBE.

$2,362,957

Bonffs.

The following

week and

1881.

sh.

iJ sh.

178
$0,000 Second Av. RE. Co. 1st
Second Av ER. Co
106
7B,duc 1888
40 Now Yoi-k Mutual Gas
no's $1,000 WiUiainsiinrghGas L't
Light Co
Co. Os. due 1900
106%,
300 Second Av. EB. C0..I8312-I8O
$4,000 Planter!.' Cotton Press,
25 Ninth Nat. Bank, ex. div. 107
12-^
CJompress and Stoi-age Ass'n
15 Nassau Bank
of Vickfburg. Miss., Ist, 8?,
30 Tradesmen's Nat. Bank. .100
dated 188/. due 1912, Nov.
19 New Jersey Zinc & Iron
1 ^ cent.
1 833 coupons on
70
Co
1 Clinton Hall As.sociatlon. 46i2 $20,C00 Second Avcime Railroad Co. 7 consol., due 1888.106%
Fellowship iu the Nat. Acad$21,000 State of Louisiana
emy of Design with 5 season
bonds issued to New Orleans
45
tickets to exhibition
Mnliile & Chattanooga Rail40 Second Avenue Eai Iroad
lond Co., dated 1870.. ..$i20 lot.
Co. (ex-rtivi(lend). 1753174

G-<-!

The First Nation.al Bank of Carlinville. Illinois, has Rone into voluntary liquidation, by resolution of its stockholders, dated December 16.
18K4.
The First National B.tnk of Stnrgis, Michigan, has gone Into volunt.ary
Unnldatlon, liy resolution of its stockholders, dated October 6, 1S84, to
take effiet I)o"eml)Br 31, 1881.
The Iron National Bank of Gunnison, (i^olorado, has gone 1: to voluntary li<iuidatiou Ijy vote of its stockholders, dated December 8, 1884.

«l,8l8,llli

120
15 St. Nicholas Bank
200 Cent. Am. iyansit Co.... 2%
40 Missiesippi and Yazoo
Eiv. Packet Co
$20 lot.

236
Continental Ins. Co
297
5 CentralTnist Co
2 Ceulral Mining Co.. $8 50 |3 sh.

;

rOBKIOH IHPOBT8 AT

Currency.

Coin.

S/iares.

Capital, $65,000.
of Sturgis, Michig.in.
Packarii, President John J. Bcik, I'ashier.
3,277—The Fir.-it National Bank of Cherry vale, Kansas. Capital, $50,000.
Chailiam T. Ewing, Pieside-Jt; Charles A. Mitchell. Ca«hier.
3,278-The Union National Bank of Chicago. HI. Capital, $1,000,003.
W. C. D. Gr.inuis, Piesident; John J. P. Odell, Cashier.
Capital, $100,000.
8,2-9-Thc Galena National Bank, Galeuii, 111.
Robert II. McClellan. Presidcnr. No cashier.
8,280-lhe Fowler National Bank of Lafayette, Iiid. Capilal, $1 0-^.COO.
Moses Fowler, President; Brown Brockenbrough, Cashier.

a^

Payments.

Holiday

1.
2.

i.o-jd, C.isliier.
r.

280,071
64,530

Auction Sales.— The following, seldom or n ever sold at the
Stock Exchange, were sold at auction recently by Messrs,
Adrian H. Miiller & Son:

3,276-Thc Nutonal Bank

For the week...
Prev. reported..

843
46.590

_ jld ee

.

1881.

1,080,702
1,988,038

1,16 ',.^68 27
l,527,9.n 54

29.
30.
31.

Total...

lately

t

XFOBTB

7,789
23,177
7,497

92,517

l.ir,2,7J9

Dec. 27.

Capital, $50,000
3,274.—TUc Second National Bank of Bucyrus, Ohio.
G. W. Hull. Prosident J. C. F. Hull, Casliie:-.
3,278—The Slock Crowers' Nutiona; Bank of Miles City, Mont.nno.
William E. Stebbius, President ; F. E.
Capital. $l(Jl,0;)0.

Orrgoof

$2,723

$

3

62

|52

National Banks.—The following national banks have

For Week.

$213

Bnlancei.

been organized:

Drygooda

$350,400 $12,766,872
914,940
187,886
lo'.i'ii
69,337
211,117
76,613

Jteceipts.

Dale.

"

Ham

14,803,007
4,463,793

ih

5 013
59
32

"
"
Jan.

Nelsin

132,228

$38,706 $3,463,487
5369,541 $1 4,319.282
6,1 01,417
83,082
232,345 15,157,577
3,2:i2,708
59.Si6
61li.48(
11,564,025
~lJf"^e^bove~imi>oit3~for tlis week in 1884, ^Itt.'SW were
American gold coin and .$5,083 American silver coin. Of the
exports during the same time, $5,000 were American gold coin.
U. S. Sue-Tbeasury.—The following table shows the receipts
and payments at the Sub-Treasurj- in this city, as well as the
balances in the same, for each day of the past weekj

611

5 i.H 5
5 213 5
.-9
59
31 6 31
81
31
36 3 36

3

.-.

l()5,2.»i4

Total 1884.
Total 1883.
Total 1882.

10 9

10 9

7
7

"

705.179
33,937,454

other countries. .

A.11

Fn.

Thur$.

7 1

8

West Indies
Uexlco
South America

9I2

7 1

9

Serman,

14''8

8918

SIO

'eio"
"

73%
51%

"

Wheat, No. l.wU.
Spring, Ko. 2, n.

areatEritain
Prance

I2II9

"

9

500

$394,140 $23,201,378

1,000 jSS,C6S,e3S

Silrci:

46I4

918

9
6 11
7 1
9 8
7 2

10

116H
125%

2

51 14

Wed.

5,310.408
30,657
372,108
30,688

17,340
C.OOO
16,034

79-10

94
Tuet.

'•

Com, mix., old...
Oom, mix., new..

45%

99^

smi

10

nonr (ex. 8tate).l 00 lb.
Winter, South, n
Winter, W6et.,n
Cal., No. 1
0»L, No. 2

Tetal 1S84.,
Total 1883.
Total 1882.

4978

9

A

All other countries.

,3,975,152
6.3:)7,563

111,8011

7,600
879,105
789,512

5,000

Fri.

99

$7.n4,739'

l,CtiO,420
3,t!s9,577

South America

Thurs.

99
99 le

1418
12018
5118

52ifl

wed.

491318

72%

$235,460

itlexlco

4978

79-10

«26,4S7,370
4,352,824

West Indies

1

London.

.

Sermany

:

SinccJan.\,

Week.

SinceJan.l

Logwood ..
Mahogany

965.740
lOH,^-*
435,4 26
709,221

I

716,834
187,405
519,396:
561.647'

JanuSby

THE CHIIONICLE.

1885.]

8,

The following were the rates of domestic exchange on Kcw
York lit th(; iiiidcr-mcntioned cities to-day Savannalij buying

l^auhcrs' ^KZttU,
DIVIDENDS.

gh€

:

@

par; Charleston, buying 8-16
\ discount, selling i di.scount
pnjmium, selling par @1-1C discount; Bo.ston, 30@33 premium
New Orleans, commercial, 50@75 di.scount; banit, 100 pre25 discount.
mium; St. Louis, 25 premium; Chicago, par
The posted rates of leading bankers are as follows

The following divldeada have recently been annonnced

When

Fer

Ifame of Oompanu.

tent.

I

@

Book* Closed,
{Vays inchttitt.)

PayabU.

:

Ilallroada.

Noiw ii'li
iMitJ. rr.

W. \W. &

1'itl^.iulil

l>a

Wnrpopter

A.-

ritt-i. It.

.fc

C'liic.

January

2

BcU'« (iap
Choslilie prcfi'ri'ed
clilc (((liar.)
Norili Adams

I'ortliinil 8ftco

&

Provhlciue

Worci'stcr

Jan.

10

'Jan.

10

1^
1%

!.ran.

.Tan,

2
6

2»s

{.Ian.

1

15

f>

Ruar. ((nmr.)

Rock Inland & Peoria
Ware TUvev

2Ja
3»s

Jan.
Jan.
Jan.
Jan.

Third National

3*3

Jan.

it

3

Purtsmouth

3

UaukM.

3
25

Sixty Dayt

Demand

4nia

4 8S>«

4 70%
47914

Paris (francs)

2436

Amsterdam

•10

(j^uilders)

•

5

•

•

2l''8

4014
96>9

94 >«

Praukfortor Bremen (relohmarks)

1
I

Coins.—The following are quotations
coins:
8>Ter«Ign8

Jan.
).

2.

Prime bankers' sterling billion London..
Prime oommeroial
Documentary oommeroial...

Iiisaranco.
Niagara Firo

I^NCellaiienuM.
American UuilTcloi>hono (quar
Land
Roeton

19

Jan.
'Jan.

NEW YORK FRIDAY.

9* 84 sf4 87
Napoleons
3 85 « 3 90
X X Eelchmarks. 4 74 a 4 78
3 90 » 4 00
XQullderg
S.ian'hDoubloons.lS CO ®15 75
M9X. Doubloons.. 15 55 -ailS 05
F ne sliver bars . 103 3I4 10-;%
preiE
pa.r a
Fine gold bars....
year DImM& la lUmes. - 99%a par

JAN. a, 188.5.-3
The Money Market and Financial Sitnation.— Tho
closed with a comparatively gloomy feeling at the Stock ExI'

.

United States Bonds.

—Tho

in

gold for various

— 99 %» par.
— 92 8 — 94
— S4'2* — SSJa
Do anoummero'l. — s^Sj » — —
— 77 9 — 80
Peruvlansoles
EnsrUsh silver.... 4 78 a> 4 84
- 88
U. 6. trade dollars — 87

silver 'iS

and

las.

Five francs

Mexican

dollars..

;?-

U. S. silverdollars

— 99% *

par.

dealings in government bonds

been unusually bri.sk the past week, many large tran-sactvalues wa-s added to the natural effect produced by the uiisatis- ions being attributed to corporations preparing to m:ikc their
Prices, in consequence, hate
When many false rumors are circu- usual statements of January 1. depression
factoi'y business outlook.
has been recovered.
stiffened, and part of last week's
for
res])onsible
lating in the air without any person willing to be
The closing prices at the N. Y. Board have been as follows:
them, and at the same time the loaning rates for leading stocks
Inlerest Dee.
me. T>ec. Dee. Jan. Jan.
are high, it is pretty good evidence of a determined purpose to
change, but

it \v.as iiuite

evident that a strong effort to ilipress

Iiave

Periods.

down prices.
With the opening

27.

29.

30.

drive

4i«s,1891
4'4S,1891

lisia
11314

lom

•Kills

of the new year there was a decided change
.oonp. Q.-Mar.
..reg. Q.-Jan.
1907
and the Stock E.\change showed immediately the effect Is,
oonp. 'e.-Jan,
18,1907
...reg.!Q.-Feb.
option
U.S.
33,
liad
not
which
There
were
very
few
defaults
feeling.
of the better

in tone,

.

been fully discounted beforehand in their effect on tho market,

and there was also a belief that as the depression in December
was in a measure forced, it was done for the purjjose of getting
stocks down where they would be a good purchase.

With

the

disbursement

in

.January

of

Bomctliiug

like

63,our'oy,
63,oar'cy,
6s,cur'ey,
6j,oar'cy,
68,oar'cy.
*

This

la

31.

..reg. Q.-Mar. *112ia!*1123i

'95. ...reg.. J.
'96. ...reg.;J.
'97. ...reg.iJ.
'98. ...reg.IJ.
'99. . .reg. J,

&
4
&
&
A

J.
J.
J.
J.
J.

1131s
11234*112% 11314
•12114! 122
12218
1221a, 'I22i« 12278
'101 '3
' 10114'
•125 *124 •124
•12*!
-125 •123
^127 •126
*l'i7
•129 •I 29 129
•131 i*130 »131

1.

121''8

12 IT*.
122-'a

•121
•126
•128
•130

2.

•II318
•113i«
CO

x21%
•IOII4

-.

134

•125
•126
•128
•130
•131

the price bid at the morning board; no saU was made.

—

Railroad Bonds. State bonds have sold a
more actively, the sales embracing $30,000 Tennessee compromise bonds at 48 J; $13,000 Virginia 6s defen-ed at 5-6 ;
$3,000 Alabama, class A, at 83^.
vestment. Among the securities which will naturally attract
Railroad bonds have been moderately active, and the speculaattention are many of the low-priced railroad mortgage Itonds, tive classes irregular in tone.
East Tennessee 5s and incomes
which, although they may be temporarily in default, ha\ e the im- have been the most active and broke severely early in the week
])ortant quality of being cumulative, inasmuch as the accrued in consequence of the inability of the company to meet the
the former and the resignation of Mr. Seney from
and overdue interest is secured by the mortgage lieu c(iually interest on
Brie seconds have been less active than u.sual,
the directory.
with the princijial. Thus we find that to-day such mortgage but strong. West Shoi'C 5s were heavily sold to-day and debonds as the Philadelphia & Reading generals can-y 3 per cent clined to 37f, the rea,son for this movement not being apparent.
unpaid interest and Eric 2nd consols per cent, whii;h are East Tennessee 5s close at 44, against 48 last Friday; do.
incomes at 10, against llj; West Shore 5s at 37|, against
included in the prices of the bonds as quoted.
40|; Erie 3ds at 58i, against 56 J; Chesapeake & Ohio scries B
Rates for call loans during the week on stock and bond colat 71 J, against 74; Jlissouri Kansas & Texas general Cs at 65 J,
laterals have ranged at 1®!^ per cent and to-day at the same against
68i; Fort Worth & Denver Ists at 65. against 66;
figures.
Prime commercial ]>aper is quoted at 4|@.5J jicr cent. Denver &, Rio Grande Ists at 80, against 81^.
The Bank of England weekly .statement on Thursday showed
Railroad and MisceUaneous Stocks.— Tho last week of
a gain in specie of £193,822, and the percentage of reserve to the year was controlled by bear influences in the stock market,
liabilities was 33|, again.st 37 13-16 last week; the discount rate and the price of nearly every stock on tho list was weak and
remains at ti per cent. The Bank of Franco lost 13,030,000 declining. There were many deiiressiug rumors afloat affectfrancs in gold and 6,003,000 francs in silver.
ing the business and pro.spccts of the various companies. That
The New York Clearing House banks, in their statement of the natural depression arising from unfavorable circumstances
Dec. 27, showed an incre.i.se in suqilas reserve of ^''iS, I.jO, the was gi-eatly increased by s]>eculative selling was shown by the
surplus being ^0,944,775, against IS!40, 686, 62.5 tin' previous .scramble to cover on the pVospect of a stiueezc in Lackawanna
week.
on Tuesday, which temporarily lifted the whole market.
Tho foUomng table shows the changes from the previous
The coal shares have been the most conspicuous, as usual ,and
week and a comparison with the two preceding years in the have generally led the decline. There was still some unceraverages of the New York Clearing House banks.
tainty about the prospect for an agreement for next year, until
tho percentages allotted to each company (and accepted by all
1884.
Ditfer'necs fr'm\
1883.
1882.
except the Pennsylvania Railroad Company) were decided upon
Dee. 27.
Previous Week.]
Dec. 30.
Dec. 29.
Now, however, the outlook is
at the meeting on Wednesday.
loans and dig. .f2>J.i.874,20C rnc .Jil. 531. 800 .$327,.''.35,700 $311, 071,200 much better, although there can be no positive guarantee that
Spfcie
-.
88,170,500 Inc. 1,318,300,
0O,468.10(;|
57,027,10
it will succeed in upholding the prices of coal.
$100,000,000 for interest and dividends in the several Atlantic
cities, there will come a demand for stocks and bonds for in-

Net deiio.-ilta..
Legal tendere.

ll.OlS.OJO Meo,
33i,-i72.1ij0 Deo.
30,59.',3 lO Dec.

Lcjral reserve

$63,818.02.'^ Dec.

Beaervc held.

12l,7t;2,800 inc.

$42,750
215,400

Surplus

$40,914,775 rue.

$258,150

Circulation...

15,458,8X

"
17.«25,5

07,700
~
171,000

32o,7i):i,(i00l

2:lI.063,^.0(>

1,102,9001

26,479.100;

lS,0t)4,2OO

—

«'

*80.19*,250 $7J.91.5,900
81>,017.'.!(JO

7t;,'J91,3uO

$B,748.95C|

$3,375,400

Exchange. Sterling exchange has been dull all tho week,
there being coinparativelj' little inquiry; rates, however, liave
been strong and well maintained, commercial bills being in
small supply. To-day (Friday) posted rates were advanced ^c.
on the pound.
To-day the rates ou actual business were as follows, viz.
Bankers' 60 days' stcriing, 4 80^@4 81
demand, 444}@4 85.
Cables, 485 i@4 85f. Commercial bills were 4 79® 1 73^. Cont;nental bills were: Francs, 5 25 and 5 21i@5 221- ; reichmarks, 94i and 04J@94|; guilders, 30| and 40.
;

State and

trifle

Railroad wars are not so much discussed in financial circles of
yet that between the New York Central & West Shore on
passenger rates is still unsettled, and will probably remain so
until it suits the managers' purposes to have it settled.
Railroad cjirnings on the later weeks of Decemljer are making
a better exhibit as compared with last year.
The grangers were 'depressed by various reiwrts, among
which have been the dispatches regarding Iwd wcither at tho
West, the low prices of wheat and corn, and flie fear of granger
late,

legislation.

The depression has extended even to the highest-priced dividend-paying stocks, and many of them have sold lower.
To-day, Friday, the first basincss day of the new year, there
was a marked improvement in tone and a protty general advance in prices, the chief exception to this being the weaknoet
in West Shore bonds.

'

.

THE CHRONICLE.

20

Saturday

Monday*

Tuesday.

Doc. 27.

Dec. 29.

Dec. 3U.

AND FOR FULL TEAR

2,

HIGHEST AND LOWEST PRICES.
8TOCXS

Rauge

Sales of
the Week

Wednesday,! Thursday.
Dec. 31.
Jan. 1.

Friday,
J an.

44

•0
STHl

83 '4

11
38»4
33»<

•534

6<4

Central ol New Jersey
Central PacUlo

Chesapeake

Ohio

<t

Istpref

I>o

Do
Chioa^

Alton

•6
127
114

A Qolncy.

BurlliiKtoD

Chicago MUnuiikee

<t St.

Paul

Do
Chlca^ 4& Norttiwostern
Do

pref.

11

SS

38 Hi

«9
SB's

,S2i%

3334

32 '8 3313

•0=4

0141

«10

11

83V

»3V

**<

121
107
9
17
24

•.W

11(1 1311714

32 >8

9

«4ia

(iii

65 Hi 68

26

27

28

"55'

•89
6IH1

cousol...

lUlwankee

•88

Minneapolis

Do

A St

Mlssonri Kauitos

65

A

L. (^Iiore

Do

We.it'n
pref

10^4

"9Hl

A Texas

pref.

•25
14»4

27
16 "a

89 14 90

I'.-U'ilic

Mobile A Oliio
Morris tt K^sisx

*7

New York Chic. A.St. Loui.f.
Do
pref.
„
New York Lack. A Western
New York Lake lirie A West.
I>o
prof.
„
New York A New Knglnnil
New York N<w Haven A Hart.
New York Ontario A Western.
New York su.sii. A Western
Do
pref.
Norfolk A Wc.ttcm
Do

83 >4 83
•4I4
*7ia

1»

12

11 .^

.

'7

:

22

4I4
•71,

12

12

OO's

61»4

251s

25^

Do

A Terre Uante
pref
Francisco.

St Urals A Han
Do

pref!

BtP«,I4Daluth.. ...'".'•""
pref....!!"
-. _ Do
BtPaul Minneap. A Manitoba
""o""
Paclllc.

ValoaPacUlo

waliMh Bt

'

onis

'

A

An

'

'able <:o. ...

''ilTiti'

Oolorul.i

Delawar.^

Tel...

MilCi'!!!:
I

York,.

xi*-.

i

.and

Co

10=14

40 'e

,^'*

1=V.

1734

16

16
14

l-lj

17=4

2\

43, Dec. 31
Oct. 26
3 Hi Dec. 3

100

12

10 Nov. 11
40 Jau. 22
82 Jan. 21
42 Jan. 23
64HjDcc. 27
10 Aug. 20
23 JUU0 27
83 June30
81 34 June 27
10 Fob. 11

85 14
72

""

72
81
12

81 Hi
12 Hi

4.1 14

46 Hi

'it'*

J..

64

61
4
*2Hl
•8ie 10
08
70

I

Dnitod stairs

Co

10
115
37

'12"'

17

414
•714

84

38^4
1=%
'17 Hi

•20

64 >«

61=>4

105

BHi

•3

30

65%

129

120

63
107

90
63
110

pi^"

•iiii

!!!!!!

p

7,630

83

II4

o
W

•20
lO's

39%
II3

IHi

•18
13=%

12 14
18

14

12

"is" is
126 1412614

19
19
3
3
17
17
20 Hi 20 Hi

20
23
'Iii'

41
83

•181-,

21I4

•38
*8J

41
8j

8

200
100
200

39 14
•83

12=%

123^

45

46

7934
1234
6I4

•12

•21.1

61 Hi
4

8
6/

683,

230
1,910
6

5

200
300
100
200

81
1S=%

21
8,880
6,130
141,070

6I4

6934

'29
61=%

•125
88Hi
61

66^

71
66

71
5534

106 Hi 105Hil06
61a

30

55l|«

1.30

88H,

62

109=14 109'4

•3

5Hj

'20
SO
64 <s 66
-125

88

130
88
62

61 Hi
10934

H)»\

7«»4

7634

Sii'l.;

63
•1U5

's

HO
61
•107

71
71
53% 5618
1071a 107Hi

66I4
lot!

•3
•20
63Hl
•125

70"

"3

6H1

30
61 '8

•20
63H]

130
88
61
110

130 130
87 's 88
48
60
Xl04l«lO4i8

37i4Juue27

•81
*9l"'

Cam

'.'.'.'.'.

•Si"

,1

..!::!:
'

•Tliew are the prtoosWdaod
asked

i

»al« was maile at the Board.
nosatowaT]

t

Doo. 19,
14

1

14% May

JUU0I2

Aug. 8
614JUU026
8-34

2

32
12
1

=8

5

Mar.
Mar.

104 Feb.

1
1

111

Hi

129 1»

1

2034 Feb.

1
1

94 Hi Apr.

28% J an.
17

Mar.
Hi

Apr.

May

I613 Jan.
Feb. 2

ISUFob.

1

12 Hi Nov.
42 Feb. 1
27 Jan.
6739Jan.
4

Hi

Sept.

25% Mar.

I

ll=>4

0ot.

24

Mar.2:

'

34% Jan.

M.ay 24

6

July 3

61

Jan.
Feb.
Feb.

Juue20 32

% J uly 24 lOigFeb.

14
18

Juno27

70

July

70
15
65

Oct. 18

3

Mavis

u tie 30
July 11
7018 Oct. 20
J

24
60
96

'

1:

1=

If
'.

Mar.2J
Mar. 11
Feb.
:

98 Hi Apr.
3234 Jan
90 Jan.
99 Jau.
22% Feb.

5HlJuuo27
Juno 30 84% Feb.
Juno 27 1934 Jan.

28

800

4
9

49

May 20 32 Jan.
May 10 61% Jan.

!

!

]
1

8

Oct 17.12734 Apr. 16
J uuo 27 17 Hi M.ar. 17
Doc. 3l]ll4 Feb. 11
10 May 16 17% Jan. 10
122 Hi Jan.
170 Feb. 9
834 Juno
651, Jau. 7
6O34 June
112 Jan. 28
31
May
57 '8 Doc. 20
90 May
117 Jan. 7
334 Juno
6H1 Feb. 11
20 June
34 Nov. 29
49 May
78% Feb. 16
1

'300
15,086

7
07

10
1,000

31,370
2,110

,

oHi

30
63

4 Hi Doc. 29
10 Jan. 29
17 Nov. 23
...
14
June 27
-U..V.

Jan.

lli3June26 29Hi.\ug.:
60 Mar.

'

7218

134 1)00.27

6

'

June
1334Mar.S

24 H) June 30

200

•2
•7 Hi

8

'

1(

7 June2a 173, Aug.2i
10% Dec.
60% Feb. 2;
60 119 Hi Doc. 28]
1 135
Apr. 1.

39 Hi
85

43 'e 47

•6

Juub27

7

15,560
710
5,000

20"'2oU

Hi

78 H) 79

*

•2Hl

1='-

....

Mar.
Mar. 1
Mar.

Jan.

127
58
122

July 7 lai

100

Jan.
Jan.

2(11100

58 173

2.730
32,923
4,620

Mar.

16

71

"300

19
3

83

le's
40=%

May

lll«Juue27
June 27
8 Juue24

1,020

22

11
1138
13
13 Hi
18 Hi 19

19

63Hi

1

36 Jan.
07 Aug. 2
93HiApf.
65 Aug. 2
79 Aug. 2
24 Mar. ll
40 Jan. 1
105 Apr. ll
94 Hi Mar.

20

3,375

175

88

Oct. 22 44
Apr.
7HlJuue23, -„
18 Hi, Jan.
17 June21i 36 Hi Feb.
9HiJuue27 23i4Jan.

6 14 June 20
967 115 Dec. 31
30 June 26
89,990 83 Hi Nov. 7
400
4
Dec. 16
714D0C. 15
445 83 June 26

100

lio" 140

Hiilrowi!!:!!

to

10
3,265
10,020

Mar.

31

.

2(10

110

pref

'<

205

177,605.

43 l2o
231
11
354 45
106 98
100 .62

22i.^.'""'''*"'Pf''.
Renssclarr
-t S;ir,itoga

,,]

14

175
12

.

OnlarK. 'iiier -Miaini"
FenasylvaiiiHCoal

8
81 Hi

"1313 "l4i4

1=%

I4I4

>!i"si"

•37

40 Hi

67 Hi 09',

100 14

Atchison Topeka A Santa Fe
"
Chicago A Alton,
JoUet A Chicago
j(»»;"''"*..«o Kiver!;:::!!
Sir ^V*^ Klevated

,""•

H>

141b

4%

"l2'i.]"l3;4

•20
22
16 14 IBI4
38 '8 40

77Hl 811,
78
80
I214 12=%
12 Hi 12»8
'- 46'.
44=i«
4t=% 40:>4
6
"4=ii
5
6H»
•12
13 H)
13Hi •12

"•s'""lo"

161a

11434 116
-33
37
81)14 88=%

*4i8
•7=6
8613 86 Hi
14
14'4

141,

22

45
10

21 ii
•38
41
•83
85 14
24 Hi 21 Hi

400

.

•3

Amarioan

92

86

16

18

•53 Hi

1534
90=%

,

*20Hl

17=>4

•i's'e

381.]

6,654

M

3
•18

21

38 Hi
•83

15Hl
9u='4

83 le SUH)

1213 "is'
"

•1618
90=4

12
28

July 8

1

Jan.
Feb. 1

2014
1934
SSHjDcc. 27 10434
62 May 24 7814
22 Hi June 24 61=%

100

12
28

200

II

June 21
6'8June27

1,100

12
30

July

June 26 61
June 23 140

20

1,570 110
10 70
1,270
9

Bo'

14 Hi Feb.
51 Jan.
8 Hi Feb.

30

i40 1?6

60 Hi 60 Hi

12
•20
"B=>4

414

•18

6IH1 65li

waatem Union TolograDh"'

K."„
x»ew

100
400

1,803

115

8618

"ii" "45"
18
18
20
23

'18',

106

Qalckallrcr.Ulning....
l>o
pref

Cm

4,772

3Hl

llHl

90

'

414
•7 '8

13

2«»

•18

1534

81'8

•11=^

20
20
70 V 71

Pnilmao Palace cWco

no .»

91
9

I'll

uregon ImprorementCo

§»"'

6i8

107,892
515
4,430

63 Hi 65 Hi

i'li

17=14

1314

OUis

1314 J.in.
'

300

11

28

•83 Hi
13'8
'

21

3i)'e

liB

Pacific'
...pre'

v"-.

.Sept.26

•31

•^514
15Hi

1

2,300
5,973

•30
36
I2IH1 12134

35

•88
65

7

4I4

4Hl

21

.

Bt. Loats Alton

K,i

6

•30

400

7'4

17
25

3I4

41a

6634

118
37

"l2iil3"

•1614

17

A l>:in%*ille
A W't I'l Tenui'nai
A I'lttHburg
Bome Wntcrtown .t OcdenHb

Wells,

16»»
90=%
H

84

16°),

Bochester

New

12

37
86

30"^ 4019

st'kinistclfs.

.

I

9 Hi
62
64
25 14

25 14

28

Chic.

.t

.

Alli'K.
...

_,.
Blchmoud
Blchmond

Mntoal

Ills

*S

•31
11

.

A

lli«

53

116'.

6I4

mental..
nsvUle.
!:

JJeias

•81a.-.

413

Is

•0-'

.

"li»B ri"»8

Or.

A

91»B

3I4
434

00=8

•88
•54

..

110

"9ii"9i.j

..

tSU^i

84

3o

66

13'e

Vi'ii 'n".;

i'lJi.::::;;;::

Oh.

Fitt.^l/:il,-

3i.l8

921.

32 13 32 13
117 117

85 Hi 85 Hi

80

Soi-i
13'-^

II4

Oil'

811 Hi

5

Itfi^

OhloCiinlr

Rich.

tS2i4
Sl^V

:

]

16HiNov. 18 35 Jan.
21'eJune26 3818 Aug.!
833.
8034June27 100 Aug.!
33
600 28 Juno27 69 Hi Mar.
141 Apr.
8814' 903^ 3e2!653 125i8Jun624
SBSj Dpc. 31 133 's Mar.
•8I4
8=%
330
6=% June 23 253gJan.
62 Oct. 25 82 Mar. 1
31,
31:.
5,743
8I4 Feb. 1
3 Dec. 29

241..J

llHl

•10
•2514
1618

Ola

•20

pref
Parifio

pref

Fhll,

714

•15
*24
82I4
33

:

16,630 107 Juno27 12734 i'eb.
302,763 68I4JUU027 94 14 Jan.
294 95''8J\:ne27 119 leb.
97,123 81i3Juue23 124 leb.
7,920 117 Juno23 MOHil'ob.
6,359 lOOVjJune'iH 12634 I. eb.

29

''33ii'37"

.

,

•3

•31

Louis

IJashv.ChAttatiuogaA .St. Louis
New York Ciiilml A Hudson.

:

413

8

17

;

Jan.
90 Jan.
6734 Jan.
16 Jan,
28 Feb.
17 Jan.
I4014 Feb.

30 J nue 30
350
6 June 27
400
9 Hi J HUB 20
600
GieNoT. 17
429 118 Juue23

common.

Metropolitan Kli>v.atcd
Michigan Centnil

Orii.
Pcoi

2313

81a

5
•32

33

11
11>4
8^4
9
SU'a 6934
02 la (13
21=4 25 Is

251,

•1.^

8414
321a

81a

314
6*4

«

Jan.

12

7,530

Istpref..

Memphis A CIurlCRton

Northern

90

6

8
M.iy 22
371-iDcc. 27

12!9'50

84=% 86
11934122
105 IOOI4

Slij

7

17

8318
*3l

115'4ll7
83
85

11=14 12
•8
10
69 "a OO^e

Manhattan Ruach Co

Mi!*souri

35

Icosetl line 4 p.c

Do
Do
Do

"is

eoo

128 128
lluH;117Hi
70 '8 73 14

11938 121
105 14

23% 24

10

S 136

.Tnly

80HjMar.27 90 Aug.
60 Juno 28 80 Jau.
39 June 27 .58i4Jau.
2434 June 27 67 '8 Feb.

1'2

2,1

6I4I

10

7

83%

83"9 8434
121ia 121 Hi
*15

11
40Hi

*5Hl

1041410514 104
7i8

44 14
31

•!l

39 Hi
34
35

5'i
97,

7018 71%
IO3I4 IO3I4

71^4

44
30

6=4
9^4
*0

'4

18913 190
•30
85

Illinois Central

3:
11

38"8 3914
33»4 34

"a'

89'8

r

Z4la

70I4

70"4|

103 11021^103

103

.

Indiana Bloomlnfrt'n A West'n
lAke Kne A Western
ijake Shore
liOnglslaud
LouiavlUe A Na.4hville
Louisville New Albany A C'lilc.
Manhattan Klevated

•S)'e
•6>.j

7ij!

li»'^

70»4]

1U2

Harlem
Honston A Texna Central

U'4

4414

12« 12«
1271a 227 13
113^11513' 114%llSia! Il4i4ll0ig

115>4

H234

89=e

'51a

11

'«»

....

12S

fi!'^

•431)
•29
•9

44
31
11

•9

prof. 1211a 1211a 120
Chicago Kock Island A Paclflcl 10504 lOO^j 110414
8i.j|
*«"4
•(;'4
OhlcaKo8t.I.ouisAPUtsburK.
Chicago
St. Louis A Pittsburg
'li>
15
17
Do
prof.
24'^
24
23
Chicago St. Paul Minn. A Oin..
82
Do
pref.
841a ¥.014
32
32
Cleveland Ool. Ciun. A Ind.
321a
Cleveland A Pittsburg, guar
Delaware Lackuwuuna A West 89'a 9154 8918
•814
8^4
S't
Denver A Rio (Imnde
Dnbnqne A Kloux city
3
Kast Tennessee Va. A Oa
5
Do
pref
33
Bvanaville A Terre Hauto
'3
41-j
Oreen Bay Wluona A Ht. Paul
'21a

Do

44

29

2VU 2«'a

'fl's

'^dpr&f

A

43 <a 43^4

44
29

Low. High

Highest.

2.

128

Canada Soattaern
Cedar Falla A Mlonesota.

1884.

Year 1884.

for

(Shares).

HAII.KOAIIK.
AlbAOy A NUH<|tir)miiua
BoMon .t N. Y. Alr-Uue.

pref.
BnrlliiffteQ (imI. Kaplila iL No.
Cmnamaii I'Mltio

:

[Vol. XL.

NEW YORK STOCK EXCIIAN6E PRICES FOR WEEK ENDING JAW.

Chleaco

;

1

Doc. 24 137

115

91%
160
4434
134

9%

46%
88%

6SH1 66%
Feb. 13 113 128

Juno 23 80 34 Jan. 7
Juno 13 162 Feb. 16

142
137 Al)r. 12 145 Mar. 4
19HlDec. 1 24 Oct. 6
115 June24 l^iO Juno 13
45 May 15 90 Jan. 9
138 June 18 146H,Apr. 18
9
Doc. 1 11
W ay 24
9OH1N0V.22 93 Feb. 11
15 Jnly2H 21 Jan. 24
39HiNov. 28 40 Nov. 21
18 June 10 23 Jan. 29
8 Mar. 25 11 Jan. 4
6 Nov. 18 1014 Jan. 31
14 May 10 29HiJaa. 29
264 Feb. 19 264 Feb. 19

Lower price Is ex.dlvideud.

112%
25
126

Apr. 24 128% 135
88
94%

l''2
Mar.20
^i'^Vi
May 17 61 Hi Fob. 7

Hay 26

69%
39%

140 Hi

Januart

8

..
......

.

THE

1885.1

8,

:

(.'HRONICLE,

RAILROAD EARNINOS.
Lalett Xamin{)$ ReporUd.

Jan. 1

<o Lalttt Dot*.

JUxuU,

WttkorUn

18t)4.

1883.

1884.

21

New York City Banks.—The following rtatement showg the
condition of the Associated Banks of New York City for the
week ending December

27:

1683.

Amratt Amount oS~
Ala.Ot.Scmtlipni
AWli. T.A 8. Fe
Atlantic vt 1*110.
Bost. H. T. .fe W.
Bur.CVcl.R..t No.

Novoinbor,
Ootolicr.
O.tiilnT.

MX wk

.

..

l)(!i'.

wk
wk
wk

Dec.
Hit.
Die,
'Jil
NoveiiilKT.
:Ut

Canadian rnolllo
Oeutral Iowa ...

;iil

Central Pacillr.
Cliesn)). & Ohio.
.

wks
EU/..l*^.'c.&B.S. s wkH
Clips. O. A 8.W.. i wks
;i

Ui-e.

Die.
l>ei'.

ClilCKso it AlKin MX wk Dec.
Cliic. Hurl, iti O. October...
ClUc. A Hast. Tit ;i.l wk Doc.
Clilc. Mil. A- St.l'. a.l

Chic.

&

wk Dec

M wk Dec.

Nortliw.

Cll.St.l'.Miii iO. ciilwk Dee,
W. .Mich, .'it wk Dec,
Chic.

&

3a wk Doc.

Cln.Inil.St.L.AC.
Cln.N.O.A T. V.

Novcmher

Ctn.Wash.&Balt. Ml wk Dec.
Clev..\kron&' ol ;!;! wk Dec.
Clev.Col.C.i.t Ind October ..

Connotton Val.. "Scpieniuer

Daubury & Nor. October..
Denveri4P.ioOr. Hd

Dcnv. & R. O. W.
Des Mo. <t Ft. D.

art
3(1

wk Dec.
wk Dec.
wk Deo

Det.Lan8'jt* No. 3rt wk Dee,
Dub.&SloiLxCtly L'dwk Dec.
Eastern
October..

%
122.911

%
108.818 1,007.761
1,7.12.000 l,5iy,831 13,594.879
150.000
,-.,82'
7,288
43i'915
Bl.diO
,18, 492
2,715.788
07,oOc
10.5.0JO
5,758.010
3i),!).-54|
3.'>.007
1,3C0,3H2
1,707.000 2,104,li3!» 20.403.131
213.310 217.826 3,4.^5,v8ll
.i:<,'.i90
30.897
738.152
102,505
89,301 1.340,40
17!l,411
18-i.8iil
8,550,450
2,G-i3.o^i7 2,742,480 21.189.42
33..;7y
3 1,7 -'ft 1,522.490
,'jO.I.OUO
407,526 22,812,000
421.300 390 100 22.802,878
ill.OOO
99,800 5,653. 39,^
23,40" 1,122,983
£0,151
4r),o-.3
40.110 2.35(i,703
2;5.2GS 234,4
2,362,710
31,838
30.9 ;o 1,727.989
7.803
407.381
7.788
350,5«e 388.024 3,137,945
29,174
32,782
21,973
21,109
180.55 J
9.5, (i66
123,117 5.833,904
23,077
7,B81

"6,99 i

15.S43
19,95^

23,487
21,102
339,178
409,605
15,015
44,225
20.806

K.T6nu.Va.&Ga. November.
Evansv. A T. H. 3d wk Dec.
Flint & P. Maro. 3d wk Dee.

323.097
3S0.180
13.163
31,924

Dec.

27„'>93

November.

Oal.IIar.t^ S.Au. October...

36.273
333,241

Grand Trunk... WkDcc.20

3l2,0Sti

Flor.K'wivy

FtWortli

ft

N.

-'d

* Den.

wk

Qr.BayW.ASt.P. 3d wk Dee.
OuUCol.&eanFc Nnveuiber
HoOfl.E.&W.Tei October...
HI. Cent. (111.)... 3d wk Dec.
Do (lowal 3d wk Dec.

.5,620

158,952
23,S30
2Sl,20i)

33,VO0

Ind.BlOom.&W. 3dwk Dec.

4!',12y

Wk Dec.
2d wk Dec
Swks Dec.

43,886
32.297
45,902

K.C. Ft.8.& Gull 3d

Kan. C. Pp. & M.
Kentucky Cont'I
Lake Erie *^£ W. Soptciuber
L.Kk.&Ft.Smltb October...
.

I..Rk.M.Kiv.&T. October..
liOne Island
1th wkDeo
1«. & Mo. River 8e)itcnd>er
LouiBV.&Naehv. 3d wk Dec.

Mar.Uough.&

2d wk Dee.

O,

Mempb. & Churl. October.
Mexican

.

3d wk Dec.
2d wk Dec.
2d wk Dec
2d wk Dec.
2d wk Dec.
3d wk Dee

Cent...

Mex.Nat., Nop</
Bouthcm Div
Other lines e..
Milwaukee & No
Mil. I,.8h.&West.

Mlnn.&St.Loul.Mobile & Ohio
Mash. Ch.<Si St.L.
ir.O.&Ncrtheast

October...

November,
November.
November.
November.

.

N.Y.&NewEng

October.
October.

N.Y.L.Erie&W.tf
N. Y. Pa. & O.
N.Y.Susq.&We.st
N.Y.Ont. .tW..
HorfoLk ^ West.

.
.

Noveiubi-r.
Ocr<»ber..

3 wks Dec.
ShenandoahV |3 wks Dec.
Horthem r'entr'lj November.

Northern Pacific. 2d wk Dec
Ohio Central
jhd wk Dec.
OhloAc jVIiss
November.
Ohio Southern iNoveu-her

14l),0:J0

70,828
42,Gl.i

40,877
70,004
i 8 3,370
3,775
121J,24.T
78,.'>00

10,897
12,737
3,104
9,340
£0,1180

171,710
255,1 00
19C,0Jl
91,124
254,4'iO

1,511,159

524,408
97,275
170.390
194,213
40,038
474,h05
198,781

43,3r'l

s'l's.iss

%
902.834
13,000.437
3:!-.7,-,9

2.779.157
5.i>it;.iiji

1.2.')7,093

22,875, ',102
3,81,'<.J34
0:l,-i.l70
1,28,".. i;03

8,t4J,133
21,371, .677
1,0::;!. 395
23, 002. 595
21, ,-57.221
5,-.;9-,o»8
1.48s, 775

2,r.'5.759

2.361.508
1,887.188

513.982
3,620,101

178.425
6,701,875

334,237

1.292,97m 1,5.''.3.543
802,581 1,050.032
3,020 977 3,079,967
3,010.819 3,769.330
737,495
710,033
2.197.424 2,494.719
931.430
908,357
433.418
353,027
2.320,280 2.998,119
16,647.892 18,773.191
316.836
100.023

430.112
358,108
7,016
236,925 1.020,24
1.92,1.817
37.428
218,316
200,337
249.060 10.191.740 10,847,189
42,645 1,6^5,213 1.9M 1,522
49,867 2,.=.93,502 2,87 ,865
47,590 2,323,795 1,931,827
1,144,790
825'. 155
44.735
t95.577
148,374
4"26',262
432,6oi
fc3,022
49..il8
270.092
311,193
33,93
2.763,498 2,704.000
70.065
501,382
494.436
307,80 13,270,21 13,79 -(.301
3,642
809,739
888.704
139,183 1,114,543
994,468
2,876.438
530,751
732,701
213,719
4!'0,819
9,3 DO
459,488
17,470 1,077,939 1,040,950
151.576 1,497.029 1.30-1.435
280,0i2 1,377.413 1,977.396
205. 0B« 2,101.170 2,118 895
38,362
439,771
119,987
310,092 3.007.92:i 3,41 1,833
1.983, 46'- 13,907,571 17.252.80!
028,9a9 4,679,3110 5.73'), 192
86,783
946,524
023,832
170.340
187.29a 2,658,262 2.7'07',72'i
53,713
723,98.)
845,115
536,094 5,079,6011 5,678,979
191,l(.(

'

Do

C.

&

.

ij

Iron'Oetolicr... 1,729.623,1.873,592 13,740,574 14,212,445
|

371,27 6|
8.1,773

Columbia&Gr., November.

89.348

Geortiia Pac.. Novemi>er.
Va. .Mhllaud. [N..vemiier
West. No. Car. November.
Bocb. A Pittsb'g 3d wk Dec.

72.40(1

.

Kome Wat.A Of?.

Oetober..

Bt.JobnBl).&I.,.C Octol)er...

Bt.L.Alton&T.H 3d wk Dec.
Do (l>rcbs.( 3d wk Dec.
Bt L. Ft. 8. A W 3d wk Dec.
Bt.I*<i8nn Fian. 3d wk Deo.
Bt.Piml* DuPth 3d wk Dec.
Bt.P.Min.A Man. i.Novomliei
South (Jaruliiia 'Xoveml>»*i
Bo.Fac.Cal.N.D. Soptemlie.
Do Bo. Div. i. .September
Do Arizona.!. 'September
.

Do

N. Mex.i. Septemiior

Texas A N.Orl's. October...
Loulstanu W'u.iOetober
Tex.tSc Bt. Loui«.) 2d wk Dec.

122.715
4ii,21'^

20,317
175,621
25,7 52
18.778
14.r9i)

7,312
81,600
27,754
878,255
133,831
1511,011

363,704
82.021
70,158
51,191
147.046
36,13
20,116

107,752
27,606
33,2K0
17,413
8.859
90,800
19.64(
845.514,
12 4.8 JO
127,374

331.952 338,737
148,691
201.428
63,392
70.501
81,015 132,21
49.940
78,353
35,615
20,742
22,312
20,543
2,661,740 2,918,058
94,105
107,^0
54,037
59,009
55,132
21.443
371,000 370.811
P2.'i60
88,232

3,507,014

693,650
600,311
1,474,4X5

402,170

l.llo.iai
1,133,013
240.398
2,r.,597
1,259,781 1.415.755
721.730
803.769
273..S75
471,491
4,534,301 3,772,392
1,292.141 1 ,299.056
7,449,094 7,695,120
1,102,095 1,198,100
9,;o,3l5
1, 069,9 J^
2,674.620 3,114,281
1,303,967 1,887.047
003,480
510.717
902,712
091,932
370.191
491,757
991,192
215.915
l'8i',526
21,033,3 9 23.707,858
902,618 1,081.266
400,697
441,867
236,116
119,313

A.A. &N..VI Novembci
Union Paoitio... October.
Dtali Central. .. November.
Vloksb'ri; ii Mer. November.
Vloksb.Bli APao. Novemboi
Wab. 8t. 1.. A P. iRtwk Dec
West Jersey
O. tober...
1,153.672 i.ofi'.m
Wisconsin Cent'l Jd wk Dec
2ii,28t4 1.306, 4 1
1,333,177
28.504J
* Not Inclndinjs Utah Hues after July I.
d Corpus CUristi to Saltlllo, 397 miles; up to May embraced only
Z36 miles, Laredo to SaltiUo.
e Only 136 miles now, but prior
to May represented 297 miles.
g Not inoludlnif eamlas^s of New York
Fenu. A Ohio roail.
h Not including Central New Jorse/^ either
year prior to Juno 1,
{Included In Central Puclflc csmlnga above.
'jSmbraoing lines in Missouri, .\rkansa3 and Texas.

Tol.

Now York
..

.

UnliHi

America

.. ....

J'h^nix

City
Trailesnien'B

Fulton
Merchants* Kxch.
Oallatln National..
Biiriliers'
Drov..

A

Mc'jli.anles'

A Tr...

Orei- nwlcli
Leather Manut'ra.
Sovoiuli Ward
State of N. Y
Aiiieric'ii Kxch'ge.

.316.000
,492.000

1,056,800
14.31.',,200

8,86.1.600

2,731,800
4,777,500
1.589.800
701.000
778.400
2.789.300

218.700
059.400

2,031.500
6,280,200
3,310,000
1,490,900
3,042,000
8.430,400
2,527,100

Republic
Peoples'
...

Hanover
IrvinpT
Citizens'

52.'j,800

214,900
119.800
2,831.',! 00
018,200
763,200
208,800

2,002,100
2,6H5,300
2,038,400
2,738.000
4,889,400
3,749.800
2,020,900
17.314,400
18,684,700
1,813,000
1,017,800
13,050,500
6,930,000
2,023,000
4,450.600
16,405,600
4,751,100
1,231.700
1,957,600
1.821.100
2,588,500
2,967,300
2,344,400
1,029,700
1,876,800
3,141,900

Nicholas

Shoe A Leather..
Corn Exchange ...
Contlueutal
Oriental
Importers'A Trad.

Paik
North River
East River
Fonrlh National..
.

Central National..
Second National..
Ninth National...
First National

Third National ...
N. Y.Nat. Exch..

Bowery
N. Y. County
0,Tman..Vmeric'n.

Chase National...
Fifth Avenue
Gorman Exch'nge.

Oermania
United Btates
Lincoln
Filth National
B'k of tho Metrop..

2,603,400

Total

410,.)00

493,0011

140,800
301,000
302,000

272.600
463,000
373,000
710,300
335,000

1,531.000
114,000
0,021,600
5,902,800
22,000
146,800
5,897,500
1,061,000
437,000
1.396,400
3,824.400
1,292,700
174,700
319,300
161,200
480,100
081,700

1.322,100;
l,017,100j
1,098,800

Oarheld

017,700
248.300
123.000
283.700
245.S0O
155,100
494,100
,381,000
,985.400
470,200
043.700
287.000
979,000
805,400
148,800
492,800
688,400
778,700
329.400
372,200

3,18,800

2,399.31)0

Nausau
Market

,001,100
Mil, 900

1,063,900
4.021,000
6.145.000
1,'M3,900
1,108,200
772,300

2.7'.)6,n00

Paclflo

281.800
648,000
129,300
160,800

101,100
531,300
261,400

13,-;71.00n

Mercantile

213,300
,681,000

33l'.O0O
201,1)00

17,26 1, 300
0,007,200
6,407,200

North .Vmerlca

570,000

1,678.300
2,590,000

98!',700

Coinmerro
Bro:idway

,086,000

2,70.'*,000

958,900
4,214,500
384,000
0,193,800
381,700
1,098,800

Oireulaturn.

a

*

1,816,000

2,'i68,000

Chcniioal

•982,590

375,400
234,000
2 3.000
.826,700
,790.000
1

248.000
828.400
756,800
741,1100

231,200
234,000
448,400
105,200
482,900

810,',lOO

140.2110

101.000
263,000
817,200
827,000
80,800
181,100
339,100

498.000
140.000
183.800
181,900
143,400
184,300
090.000

11,294 ,000
8,815 .000
7,11'- H ,000
8.411 «(K)
3,709 100

450,000

13.225,•,600
2,275, 000

1,100
256,000

343,400

15,529 .200
•2,019 ,600
1,628,.600

3t',500

18,777,,600
2,708 ,800
3,253 ,400
1,673, 200
803,,000

sos'Koi
679,000
293.700

042,800
2,219 700

"a^ebo
623,600
29,300

1,074 500
3,963 400
12,653 ,000

16,028 100
4,925 400
CL359 ,100
2,892 .600

834,200
876,100
864.000

4,855, 500
3,087, .500

423,000
46.000
6.400

1,761 ,800
3.155 ,000
9,708 ,900
2.939,,800
3.152,,100
2,541,,800
2,485,,500
1,888,,100
2,778,.000
3,774,,600
6,355,,700
1,940.,000
22,158,,100
22,194,,100
1,587,,000
943,,000
16.881,,400
8.246,,000
2,341,,000
5,484,,400
16,380,,100
6,593,.800
1,162,.600
2,076,,500
2,288.,900
2,520,,000
3,838,,800
2,652,,600
2,198,lOOO
2,258.,'200
3,430,,700
1.908 ,400

iib'.iioo

323,700
239,900

447,0«0
447",6i>6

'63.606
1,328,400

45,000
2'2i',900

860,000
297,060
46.000
45,000
449.900
178'706
225.000
180,000
45,000

It^O.OOO

44,000
176,900
132,200

904 ,800
1,145 ,700
3,491, ,800

!95,874,200|88,170,500la6,592,30o'335,272,100 11,618,600

The following are
Loans.

1884.

s

11.638,000
7,620,000
7,1P0,900
7,829.000
4,332,700
11,117,800
2,633,000
8,181,000

Manhattan Co

St.

Man

ii

Merchants'
Mechanics*

DepotUi
ollwr
U.

DiacouTitt.

totals for several

Specie.

\L. Tender).

past:
Oirciilation

A^.

Clear^ga

$

,395,800, 305,146 ,300 14,137, ,400
767.900 308,308 900 13,832, 500
7'2a,100 ;)) 4,003, ,000 12,893, 800
Die. 00, 3; 1.901 000 12,781, 800

• 11 i29o,dl3, 000 77,902, 200
" 18 l291,70-i, ,400 77.314, 800
" 25 1291.083, 400 78.392, 1011
Nov. 1 29l,7.'4, 100 7;,130 100
'290,287, ,900
-. 80 108, 8011
"if 291,550 ,40U|82,351, ,800
" 22 J88,539, ,700 14,370, ,500
" 2V 215,514, 000 85,273 ,200
Dec. 6 281,014, 300 811,494: 1)00
••
13 290,225 ,900 16,042, ,800
" 20 294,;; 12, 400 36,85'2, 200
••
27 295,874, ,200 38,170: ,500

491,357,681
.054.882,693
498.53'2,476

311,575,214
7J3.200 315,732, 800:12.920 000 805,l!15,931
8M3,7O0 315.989 ,4001 12,985,,300 4 18,632,668
289,700 317,081 10013,100 200 177,210,695
) 59. 100! 3'25,350, ,700: 12,241, 500 527,541,75$
,347,400 325,-87, 400 11,711, 8001555,711,609
1.50, 300 32.-,,825, 300 11,613, 400 459,294.007

,.

1

Loan*.

j

,983,800 304,583 ,800'l4,273 ,100 463,912,628
,094,100 3113.599 ,:iO0i 14.185: 300 122,013,919
043,500 303,734 ,400 14.135,,500 192,089,878

13 290,874 10074,100 100
" 20 2111,257, 400 74,534, 800
••
27 291,128, 700 73,126 300
Oct. 4 290,506, ,2O0l78,2a 000
••

Boston Banks.

weeks

I>eposits.

$

Sept. 6 280.317 300 75,708, 000;

3,510,312
750,987
672,327
1,507.749
318,253
042,209
1.3'.. 0.040

!ftt

Loann and

Chatham

16,713
14,928 1,173,500 1.053.326
317,220 301,034 3,719,447 4,163,233
48.333
32,636
421,880
328,383
Oregon & Cal... November
90,7o0
114,174
Oregon Imp. Co October...
333,448 439.914 2,838.341 3,413,282
Pennsylvania... November. 3,950,937 4,473.479 44,797.58:i 47,242.734
Peoria Dec.AiEv 3d wk Dec.
12,301
13..570
741.601
701,921
Phlla. A Erie .. iNoveml)er.
326.289 376,682 3,379,022 3,851.537
Phlla.& Rea<lV/i October.
2,910,541 3 531.43 21,993,975 21,347,640
Ricluu'd A Danv. Novcm ll^r.
Ch. Col.di Auk. November.

BatOa.

270,4001 32)1,8 0, 200 11„587, 200l5"6,;l70.418
,948,100| 330,954 ,000 11,642, 600 358,994.372
,895,200 335,413 ,100 11,88), 800 3o«.05l,647
,592.3001 335.272 100 11,611, 800l408,361,323

—Following are the totals of the Boston banks:
Specie.

Tender).

t^.

$
Spt.15 139,,473,900
••
.:2 139, 795,100

7,005,300
7,201,200
2)1,139 ,1."'7,200! 7,575,300
Oct.
110,,498,3001 7,117,400
'•
13 no. 05,900: 8.927,300
" 20 liO,,740,800 6,731,100
" 27 141 .113,600 6,741,000
N
3 140,753.100 7,101,600
10 142 ,068.5110 7, '298,500
17ll4'i,,544,300 7,180,900
22 14.f,,129.000 7,239,100
29 143,,3 '.2,600 7,326,800
,153,'200 7,450.000
D'c. 6
"
,9S5,90I1 7,547.300
" 20
,'40,000 7,423,900
" 27
,421,200 7,596,200
,

H

Dep'oelt).'

$

I

Circu/ation'

Jw.

tiear'ef

S

$

87,644,000 23,481,400
8S,57.<.300 23,505,900

64,333,337

4,677,100' 87,312,.300 23,055,7011
4,9'26,'200 90,31)il,01IO 2.!,759,200

5'2,01O,678

4.630,100
4.733.100
4,i;81,40l)|

90,348,200 24,020,700

4,531,100
5,047,000
5,739.300
5,850,900

91.597.8110 j:t,809,600

92,330,300 23,735.500
91.114.500 '23,732,400
98,313,800 23,580.0011
8,432.9001 99,788,500 23,.')81,'200
8,517,200 9i»,108,M0> 23,135,500*
7,183,:iO0 98,711,900 2:4.187.800
0,341.400 99.8-<)',200 i3.020,8'iO
8,035,100 101.08:4.800 23,066.400
6,017,400 9!»,077,000 '23,098,900
6,174,1'00 99.008.700123.1 14.10"

Philadelphia Bauks.- -The

6,476.057
01,427.808
61,368,316
63,308.685
6.i,93l,707

63.311.488
88.839,918
62,9:40,966

87,080.631
64,078.492
74,4'28,56a
71,!i'^8.0l8

09,019,827
.''3 015.764

totals of the Philadelphia

banks

are as follows:
1884.

Loans.

Lawful

JW.Ubor'gi

Deposit).'

bHroulotion.

$

$

S

t

•

Sept. 16

72,923,373

21.818,321

67.016,898

8,053,439

22
29

7,3.334.035

21,1,3S,'280

fl7,53'2,l91

8,079,50;)

73,451,388

6

73, •.14,519

20,958,783
21,«76,877
20.915,781

07,543,1.38
87.333.1 CO
03,0 16,937

•20,725,702

83.876,348
83.976.768
70,181.441

7,575,739
8,059,809
8,051,008
R.034,476

31.208.708
46.438,492
42.772,819
49.8S9.7i9

'•

•
Oct.

8

73,94S.448
74,468,194
74,130,007
73,385,950
73,164,475
73,322,837
73,041.072
72,802,524
73.004.417

13
20

78,-'03.888
73.2:48,103

•28,3.49.942

2;4,435,3tO

70,!I10,190
711,851,973

'27

7'2, 15.4.9.-1

2:4..ill.'S:l

7(1 tl'l.ll't

••

13...

"

20....

"
27
Nov. 8
-

10
17
22
29

"
"
••

Dec.
••
•.'

•
'

Monet/.

21,144,375
•22.357,140
•22.0^9,838

lii)..32

1.085

22,891.740
22.711.752

70,209.741
70.181,859

28,1411,600
23.:488.209

71, '26 1,57 7
70.6'i2.3.3»

Including the Item "due tu other banks."

„»

48.2-13.109

49,107.838

8.044,8'28

4:1.587.837

8,0.W,943
7,954,809
7,914.515
7.919.211

411,180.785

7.i>21.165

7,902„39S
7.877.257
7.892.!' 14

44.01 1,907

87,710,734

o2.U8,79'J

J

J

.

.

fVOL. XL,

THE CHRONICLE.

22

GENERAL QUOTATIONS OF STOCKS AND BONDS.
Qiii

Thi.

(or consolidated

DNITED STATES BONDS.

113

11338:

11336
ooup-.Q-M 113ie 122i«
reK...Q-J lai's
123
122
7e
coup.. .(i-J

«iis.l891

U, 1907
U, 1907

68, Currency,
es. Currency,
6«, Currency,

rcg....J&.l 12G
reg....J&.I 128

1897
1898
1899

2>«

103
108
110

za:-:;

6s, Pitte!& Conuellsv.
68, consol., 1890

10

&

O. loan,
68, Bait.
6s, Park, 1890
6s, bounty, 1893

10
10
10
10

&O
7s,L.R.t'.Ii.&N.O.,190O..A&O
&O
R.lHv.,1900..A
O.
&
7s, Miss.
78, Ark. Central RR., 1900. A & O
&J
J
1871.1900
Leree
of
7s,
A

102
108
107
106

.-..-

1890

Q—
Q—

Q--M

M&
M

114
& gS 114
exempt, 1893 ...
J&J
5s, water, 1894
J&J
6s, 1900
6s, West. Md. RR., 1902 .... J&J 126
6s, Valley RR., 1886
M&N 12415
5a, 1916
-T&J
4s, 1&20

do

68,

3

A&O

MAN

1

1 15I2I

.

. .

Fund. loan(Les.)fis,g.. 1902 Varii 119 "s
121
Market «tock, 7«, 1h92
128
Water stock, 7fl. 1001
128
do
78,1903
J & J 113
Florlda-Consol.goldOs
F<&A|101
eeorgla— 6s. 1886
J & J'104
78, new bonds, 1886
104
7b, endorsed, 1886
(>-J Ill's
78, gold bonils, 1890

HO

A&O

88,*76, '86

J&J „
Lonlslana— New con. 7s, 1914. .J&J 74 "a
64
Ex matured coupon
Baby bonds. 3s, 18S6
F&A 5U
F&A 101 >s
IIaln6-4s, 1888
War debts assumed, 68, '89. A& 01
Maryland- 6s, exmnpt, 1887... J&J
J&J
6b, Hospital, 1887-91
Q— 106
68, 1890
6»,1890
Q-J
8-658, 1897
JAJ 107
Musaclinsetts—58, gold,'91-94 A&O 112
Var.)lll3%
58, gold. 1891.1897
Michigan— Vs. 1890
M&N'117
Mlnneaotii— New 4ia.s, 1912 ..J & J 101
"
Missouri- 08, 1886
J & J
Funding bonds, 1894-93

Kansas- 7s, long

,

m

lllifi

115

114
109

1886. ...J & J 1 15
do
1887. ...J & J 116
HewHampshlre— 58,1892
J&J 108
War loan. 0.1, 1892-1894
J& Jl 113
War loan, 68, 1901-1905
J & .1 123
Hew Jersey—68, 1897-1902.... J&J* 126
6«, exempt, 1896
J&J* 120
York— 68, gold, reg., '87. . .J&J 106'3
6«, gold, coup., 1887
J & J 106<s
6e gold, 1891

& St. Jo.,

6f
6a

J&J
A&O
A&O

6b,
68,
6b,

7 coupons

off

new bonds, 1892-8
do

6s,Ctaatliam

4s
J&J
Southern KR. 7-308,1908.. .J&J

do
do
do

A&01F
J&J
A&O
.I&J

Texas— 88, 1904
108,1893-96
68. 1900
Detroit, Mich.— 73, long
Water,

&

A&O

reg.,
'r04

4«.
4b.

,(,

7s, water, long

J

Elizabeth, N.

•92-1902.P&A

F&A
F&A

.;

Brown

1

Pall River, Mass.— 68, 1001
68. 1894, gold

58,1909

consols

Tenneaaco—6s, unfunded

Compromlw bouds,

:....

1912

3-1.5-Us,

5s,

X""
7s,

[.no

J&JI

„2»
mt
.

6s,u.n

.1^.

1SS6-'95....J
1886-1895.. .J

68,000801., 1905
68, ooRsols. 1005. eX'COUD

«a.c-""-'
«••'

"a-

„

J

^qries

•

Funding
.^^

••'

Haverhill,

J&I)

")

Vlrgi:

&
&
&

J
J
J

J&J
jtj

40

"18

'onps.,fnimcons'l8

from lO-lOs.
bond.H.

3.1,

li'3J

J4J

CITS SECURITIES,

Attaoy, N. Y.-6s,long....Varlon8l 111
7» Ion
t "Jn
• Prioo nomljial no late transaoaons.
;

I

. . .

58,

new

New

106
129

New

103
Var.t 12
Var.i 113

58,

.

68

La.— Premium

long
,3s, long
4139, long
Petersburg,

I

j&D

115
101
120
115

Va.— 69

8s

tax

Philadelphia,

Pa.— 6s,

new, reg., due 1895 &over. J&J

4s,

new

120
110

103

i'30'

Var's yrs

99

103 Is Pittsburg, Fa.— 49, coup., 1913.J&J.
I

and

coup.,

69, railroad aid,

1907

100
108
117
124

J&J. 107
116

1913

Var.
113
6a, gold, reg
107
78, water,reg.&op.,'93-'98...A&0.
78, street imp., reg, '83-86. ...Var.
1051s
103
Portland. Me.— 69, Mun., 1895. Var.t

1031s

"122""

old, reg. J&J

6s,

58, reg.

120

lor,

102
J&J 100
J&J 117
117

118

I02is
113"
11
12014 I2OI3
1 13 is 114

M&S

110

I

I

II413
125
101 Is
II512
135

lis
100

St.

Co.— 69, gold, 1905
Currency, 79, 1887-88
Paul, Minn.— 6s, long

A&O

125

I

63,

J&JI

1883

ipringlield, Mass.— 63, 1905.. A&OI
7s, 1903, water loan
A&OI
Toledo, O.— 7-303, RK., 1900.
&NI

113

M

103
91

33
33

108
40
40

Worce9ter,

100
107
103
102
108

102
110
103
105

110

112
103
118
127

8s,
8s,

I

88, gold, con.

on

Mass.— 63. 1892... A AOI

A&O

58.1903
48,

1905.

.A&o:i03i3

RAII.KOAn BONDS.

no

.".
I

107 Is

104
120

117

7s, long
8s. 1889-96
Var.
3alem, Mass.— 69, long, W. L.A&OI.
58, 1904, W.L
J&.7t
San Francisco— 7s, school
Var.
6s, gold, long
. ...
Savannah funded 58. consols
3omervlUe, Mass.— 5s, 1895. .A&O

110
112

.

In London.

80
104
110

Var..

1913
Var.
1893 to '99
Var.t
Washington, D.C.— See Dist. of Col.
Wilmington, N.C.— 69

102
117
l">

100?4

.

109
122

Mass.— 69, 1889... A&dl 100

}

103
115
123
107
124
128
119
132
137
130
1191s 120
100
115
127
128

68,

88, special

87%

ICO
113
120
ICG
120
120
118
130
l.U
120

1

99121

92

8716

boncfe.

M&N

120
118

104
110
115
118
122
130
116
93

t

Orleans,

Var.
ConsoUdated 69, 1892
Ne\viiort— Water bonds 7-30s
117
118- New York City- 5s, 1903
114
Os, 1887
6s, 1896
1031s
63,1901
105
79.1890
143
7s, 1896
140
7s, 1901
141
Newtou-^68, 1905, water loan.. J&J
129
J&J
140
5s, 1905, water loan
Norfolk,Va.— 69,reg.9tk,'78-83..J&J
135
Var.
117
89, coup., 1890-93
8s, water, 1901
114
A&Qt
Norwich. Ct.-5s, 1907
J.&J
78,1905
t
Orange, N. J.— 7s, long
Oswego, N. Y.— 79, 1837-8-9
Vai
103
Pater9on, N. J.— 78, long

44
44
44
44

F&AI 110

rnrohaser also pays accrued ntorast.

70

I

'102

Var.i 120
Bedford.Mass.- 6s, 1909. A&OI 129
A.&O 114
1900, Water Loan
N. Brunawiok, V,. J.— 7s, various. .1 00

111
115
103

40
40

Var

68,1900
A&O
Long Inland nitv. N.Y—Watp"r'.79.'9'i

104
119
113

I

Nashville, Tenn.— Os, short
102
68, long
I2514
Newark— 6s, long
115
113
7s, long
78, water, long
II914

107

Houston, Tox.— lOd
69, funded
Indianapolis, lud.— 7-30s.'93-9, j&ji
Jersey City— Us, water, long. 1895
79, water. 1899-1902.....
J & j
7b, Improvement, 1891-'!»4... Var.
78, Bergen, loog
j 4 j
Huil.sou County, 63
AAO
Hudson County 79
jjji)
Bayonue City, 7s. long
j&r
iLawreuco, Mass.—68, 1894. ..A&OI
'

•

F&AI 103
J&J 117

lOo
iboU
Manchester, N.H.— 58, 1883. . . .J&J 100
117
J&Ji llo
6s, 1894
122
124
J&J
69, 1902...
IO213 10312
49,1911
Memphis, Tenn.
75
Taxing Dist. of Shelby Co., Tenn. 70
MUwaukeo, Wis.- Ss, 1891 J & Ul 97
Var.t, 103
7s, 1896-1901..
J&JIillS
78, water, 1902
50
Mobile, Ala.— 3-4-58, funded. .M&N 42'
Montgomery, Ala.—New 39 ..J&J 53

113
127

105
110
98
Var.i 114
Var 117

Hartford, Ct.— City 68, var. dates..' 106
Capitol, untax. 68
) 120
Hartford Town 4ifl3. untax
101
I

M&si
M&SI

J 123

M&NI 111

—

.A&O 40
40
F& Al 123
F&A 108

1920

112M

J 106

M

Fltchbnrg, Mass.— 6s. 'Ol.W.T, J&JI 111
Galveston, Tex.- 88,1893-lUo'9 M&3 103

Belt'

J

113
104
105
100
100

Portaiuouth, N. H.— 69, '93, BR. J&J
Poughkeepsie. N. Y.— 79, water
Providence, R.I.— 58, g.,1900-5.J&J I 114
63, gold, 1900, water loan...J & J 124
126 Is 1271s
& SI 101
bs. i885
97 100
Richmond. Va.— 69, 1884.1 914. J&J 114
1261s I271B
J&J 134
8s, 1886-1909
1161s
59,1914-15
J&J 107
1161s
Var. 103
Rochester, N.Y.-'Os
105
107
79, water. 1903
J & Jl 132
Rockland, Me.— 6s, '89-99, RR. FA A 100 14
8t. Joseph, Mo.
Comp'ralso 4a, 1901 76
lOJ 110
St. Louis, Mo.— "8, 1335
F&A 100
102
123
Os, sliort
Var. 103
100
Var.llC9>a
68, 1892
110
106
long
Var.i
5s,
103
59, 10-'20
Var.i 102 Is

short.

78,1903

RllCMli
•.<.lM03-9, coup. .J&J
Bouth Canilliin— (in. .\(t of March
23. 1SU9. Non-fuudable, 1S88..
1

J.— 78,

&
&

J

Lvnn, Mass.— 69, 1887
"Water loan, 6s, 1894-96
58,1905
Macon, Ga.— 7e

i

78, funded, 1880-1905..
7s, coneol., 1885-98

L.M&NI 112

St. L.

Dallas,

A&O

J

t

Water Works

A&O

6S.1919

M&NI
F&A

—

A&O

e«, ipeelal tax, class 1,1898-9A&U
do
6«,
cla««2
do
68,
W'n N. C. RR.A&O
do
Wll. C. &R..
6»,
4«, new. cons., 1910
J
J

Ohlofln.ix'x?
Pcor:,

6s, g., 1902
Cur. 68, 1909

Skg. fd. 53, 1910.M&Nt
Olereland.O.— 4o-3-7s,iaS5-'JlVar.l
7H. 1887-98
Var.
4s to 78, 1881-03
Var.
5-6-78. 1893-1907
Var.
Columbus, Qa. 73
var,
Covington. Ky.— 7-30s, long
1
7-308, short
<

A&O

RR

101

1161s 1181a
12Gis 128ia

7.3O3, 1902

7eoupon»off
funding act of 1 800 1900 J&J
do
1S68,1898A&0

6«

110
101

M&NI

68. 1897......

VcOarollna—68, old, 1886-'98..J&J
68, N C. RR, 1883-5
J & J It
do
do
do

Var.i 122

78,w.ater, long

M&Si
6s, Park, 1920
Cambridge, Miias.— 5s, 1889. ..A&OI
J&JI
68, 1894-96. water loan
68,1904, city bonds
J&J *

.

ow

6e,

V.ar.t

78
55
105
78, non-tax bonds
78
4s. non-taxable
Chelsea. Mass.—6s. '97,water l.F&At 118
116
Chicago. 111.-78, 1892-99
109
68,1893
104=8
4148,1900
3-658,1902
93
Cook Co. 78, 1892
114
Cook Co. 5b, 1899
106
Cook Co. 4iiS, 1900
1041s
West Cliicago 5s. 1890
102
Lincoln Park 78, 1893..
104
West Park 78. 1890....
lOjis
South Park 6s, 1899....
103
CInoinuati, O.—68, 1885
M&NI

J&J

1892
1893

Y.—76,1895

M&N

59,1890-1900
Lowell, Mass.— 69,1890, W.
Lynchburg, Va.— 6s
8s ..

Charleston, 8.C.—69,8t'k,'76-98..Q-^I
78, Are loan bonds, 1890
J & J

Long bonds. '89-90
J&J
Asylum or University. 1892. J & J

6«, gold,
«8, gold,

M&N 102
M&N 102
112

Kings Co. 78, 1882-'89
68,1882-'86
do

60

1021s Buflalo. N.

'

Hannibal
do

111
119
112
113
IO213
102
10514
Boston.JIass.— 6s,cur,loug,1905Varl 127
Var. 1161s
68. currency, 1894
.Var.i 117
5s, gold, long
A&O 112
4138,1008
J&J 105
48, currency, long
J&J 100
Brooklyn, N. Y.— 7s, short
J&J
78, Park, long
J&J 135
7s, Water, long
J&J lo9
7s, Bridge, long
J&J 123
63, Water, long
J&J 135
6s, Park, long
123
68, Bridge, long
iia
5a, Bridge, long.

Var.i 103

Var.t 101
Var.i

long
short

68,
68,

101
lOS
109
112

RR., '88 J&J

Calilomla— 68, civil bonrts, '93-95.*
101
Connecticut— 6s, 1883
103
58,1897
lO.-i
100
I&J
1904
rcg.,
New,
3>a.9.
Bangor, Me.— 6s. RK..1890-'94.Var.(
J&S*
Delaware—68
J&JI
6s, water, 1905
114»2
115>4
cp.F&A
3-658,1924,
Col.—
Cons.
out.
6s, E.& N.A. Railroad. 1894..J&JI
114H!ll5i4
Oonsol. 3-658, 1924, reg
,,^ ,,
6s. B. & Piscataquis RR.,'99.A&OI
J&jrlJ3 |11,')
Funding 58, 1899
Varl
Bath, Mo.— 69, railroad aid
Perm. Imp. 69, gnar., 1891...J*Jt.ll5'a;il6
5s, 1807. municipal
.I&,rt,120i2 ....
Perm. Imp. 7a. 1891
Belfa-it, Me.— 6.S, railroad aid, '9S..1

Wash.— FHnrl.loan(Oong.)es.g..'93l

Louieville,
7s, short dates

Augusta, Me.— 6s, 1887, mun..F&Ai 10313 104
Varloue 103
Augusta, Ga—78
115 120
Austin, Toxas-lOs

82
105

&
&
&

J

1900

Arkansas—6r, fiinfled. 1899 ..J
78, L. R. & Ft. 8. isaiio.lOOO.A
1-. U., 1899. .A
78, Memphis

sa

83 >«
101

5,

100
100

Waterworks

131

re(t....J<tJ

1900

4s,

Co., 5s, cp.,
4s, riot loiiu, 5-10»
10-20S
do
4s,
5-108
do
68,
10-208
do
5s,

Ky.— 7s, longdates. Var.t 110

106
103
101

Ask.

Bid.

CiTT Securities.

Ask.

191c.J&J5 100
99
99
100

Atlanta, Ga.— 7b
Do. 89

reg....J&J 130

Alabama—Class "A," 3 to
Class " B," 58, 1906
6s, 10-20,

AUegheny

1

reB....J&J 124

STATE SKCCBITIKS.
1906.

Clae8"C,"

'83-97 .Var. 100
Allegheny, Pa.—5*. op.. '8
.'.Var. 100
4i<r8,
1883-1001.
4148, coup.. 1883-1901
100
4s, coup., 1901..
io-ir.-vl'Vk

reg..Q-F- Id's

8«, option U. 8
6b, CSureney, 1895
ea, Currency, 1896

Bid.

Cirr SECnEiTiES.

Ask.

Bid.

Ckitkd States Bonds.

^

(Bonds of conipanies fonsotUlalcd
will be found under the, cmaolidaled

n'.tmc.)

Southeru— 1st luort., 19081
Ub'y &Susq.-lstM.,7s, '88...J&.l!lll3a
2a mortgage, 78, 1'883
A&O 1031s
Consol. mort.,7s,190e,guar..A&O 125
Conifil. mnt.. lU.lOOK. i;nar. A&O

Ala. Gt.

P^t being rcdeomod.

H Coupons on since
"

'69.

F
J

Januaby

8,

F

THE CHRONICLR

1885J

23

GENERAL QUOTATIOxVS OF STOCKS AND BONDS—CoxTtNUED.
For Bxplaaatlona S«e Note*
Railroad Bonds.

A*0

Lonl8'a&Mo.K.,lai,7«,1900K&A
do
V'"''M.VN
•,'

A&O

do 2dM. (Illi'.r. ,a. ;.- J&J
da 2dguar.( 1-<8)78,'!)8.J&.1
Ohic& AUanlle -lt.1. Gs,1920.M&N
(llSi^ U8I4
r&A
2d, Gs, 1923

79
17

I'iic.-lst e8,1910..J&,I

J&J

IDIO

ImMiin."-.

new

ilo

.5a,

17%

lis

Bur.

F&A
A&O

1905

Coii.st.i. U.S. 191."}

O.a.— lst.6s,o.,1902.J&I)
1885
M.fe?

B.'lvidiiv

2ain.ijl.,«is,

3d

riiort

Boatoii
6e.

.V

IS,).-)

.

(Ja,

F&A

1887

Albany—78, 1892. ..F&A
J&J

.

•').*.

1

Bradf.lOId.&Ciilia— l.'5t.tis.l9J2J&J
BklynIiatli&C.r.-lst.()8,1912.F&A

Brooklyn Elevated- Bouds
P.— Gen.M.7s,'96.J&J
Bun.N. Y.&Krle-lst, 7a, 191G.J&D
BuH.N.Y.&PliU.- l8t,tis,K.,'21.J&J

2d mortKai^c,
Uen. M.,

Gs,

79, g.,

&M.,

I.
I'a.

UG

107
122
123
112

t55

S7

Dubuque

U.&N.— lst,58,new,'06.J&D idi'
&col. tr., 53,1034. .A&O
P^p.I.F.& N.,l8t,63.1920.A&0
do
1st, ba, 1921
A&O 01
Califor. Pac— l8tM.,7s,g.,'87.J&J rlOO
2d M.. Gs, g.,end C. Pac, •S9.J&J UOO
3d M. (Kiiar. C. P.), 68, 1905. J&J 95
do
do
3s, 1905. J&J
50
California So.— 1st, 68. 1922. ..J&J'
27
29
Camden & .\tl.— Ist, 78, g.,'93..J>feJ 115
2dmort., ()8, 1904
A&O
Cons, lis, 1911
109
J&J
Cara.&Riir.Co.— lstM.,G8,'97.F&A
lOJ
Canada So.- l8tM..guar.,1908,J&J O^ij 98=6
2dmort., os, 1913
M&S 65
Carolina C<int.—lst,G8,g.,1920. J&J 101
101»s

do

MAN
Pike's P'k, 1st. Gs, g. M&N

AU:li.J.Co.&W..l8t,Gs,1905.Q,—
Cent, ot Ga.— 1st. eons., 7s, '93. J&J 1107'
Certillenle.Hof imlcbteJaess. Gs..
90
Cent. Iowa -New Ist.. 78 '99. J&J 100

i

(

1912

56
104

"66ii

108

*102

100
107

199

1105
1107
1

1

108

15

120%

81

45% 47
20
37

"37%

60
44

81
70
60

1903
131
D^t.&B.C.lat,Ss,cn.M.C.1902M&N 118
Det.G.Haven&.Mil.— Enuip.68,1918 tU6
Con. M.,.5;< till '81, after 6;*.. 1918 1116
i'23'
Det.ly.&Nortb.- lst,7s. 1907.J&J (II8I4
Det. Maok.& M.— lat. G8.1921.AAO
Land grant. 3%8. 1911
116
Income. 1921
9812 Dub. A Dak.— 1st .M., Gs, 1910. J&J
1st inc., Ga,

Dub.&S.City- lat,2dDlv.,'94,J&J
981a Dunk. A. V.& P.— 1 st,78,g. 1900J&D
.

109%

105

. .

1

&

&

A&O
A&O
A&O
A&O U22

i

99%

&
&

C—

Frem't Elk'u&)Mo.V.— 68,1933 A&O
Gal.Har.&S..\.— lst.Gs,g.,1910FAA

2d
105

II6I4 117

1905

J&D

lal, 58,

1931. ...M&N

mort.. 7a.

West. Div,

HI

lOSVj

!

116

Georgia Paoillo-lst,

100
100
100
'85 J&J

103

'Gr.Rap.
,

iVii

1

1

Ind.— Ist,

6a,

1922. J&J

g'd, 78, g.
lat M.,7a, l.g., gold.not giuir.
Ex land grant, lat 78, 'OO
l.g.,

A&O

87%

102%
109%
111%
118
123

114%
66

103%

102

90%

2d mort

A

100
j

107

do
2d, Gs, 1931... J&J
62
Gal.Hous.& Ilcn.— lst,58, goldA&O
JitJ 105
Georgia— 78, 1883-90
J&J 105
68,1889

116%

'117%

9%

Eastern, Masa.— 68, g.,1906. .M&S 1115% 115%.
SterUug debs., 6a, g.. 1906.. JI&S U08 110
& Nor.—S. P. dob.,63..\&0
Istmort., 68, 1920
M&S
Elizab.Lex.& Big 8.— 6a. 1002.M&S
83
Elmira&W'mspfr-lst Bs.lOlO.JAJ 116
A&O 100
58, perpetual
Erie & Pittsb.— '2d, now Ist.... J&J 105
1 10
Cons, mort,, 7s, 1 898
J&,l
Equipment. 78, 1900
A&C 102

tll4

A&O
A&O

43%

Eliz. City

A&O

100

118%

116%

East Penn.— 1 st M. 78, 1888 M&S 1 07
E.Tenn.Va.&Ga.—l8t, 78,1000 J&J 115
43>4
Istmort., consol., 5a, 1930 ..J&J
Income, 6a, 1931
9%
Divisional. 5s, 1930
J&J 93
E. Tenu. & Ga.,lst,6s,'83-86.JAJ 100
E.Tcnn.A Va.,end.,6s, 1886. M&N 100
Ala. Cent, Ist, Ga, 1918
JAJ 90
,

120
lis
117

1115
1 1 12
100

64
110
107
02
40
117

108%! !Gr.B'yW.ASt.P.—l8t,63, 1911. F.&A
106
2d, Incomes, 1911
106 108
65 jGulf Col. & 8. Fo— let, 78,1909 JikJ 113 113%
&
60
86%
A&O
'id, 63, 1923
Han. & St. Jo.- Conv. 8s, 1885. M&S 103% 103%
119
MAS
100
Con. Gs, 1911
U
97
Housatonic— l8t M..78. 1885.FAA
Oln.& Indiana, lat M.,78.'9'2.J&D 102
101%
Ho'8t.E.AW. Tex.— l8t,7s,'98.M&N
Cin. & Ind 2d M.. 78.'82-87.J&,l 100
JAJ
IndlanapoliaC. &L.,7sof97..
2d, 6s, 1913
108 108
Ind'apoli8& C;in..l8t,78.'8^.A&0 102
a.A Tex.Gen— 1st m.,7a,guar.l891 109% 110%
West. Div., lat, 78, g., 1891. .J&J 108 107
Cln. I.af.&Ch.— l»t.7«,g..l901..M&8 105%

39%
108
1121s 113

103

Denv.&R.

115

M&S

Gs. 1005
r.. Isl M., 78, 1003.J&J
Eastern
Cln.
1 st, 78, 1896 . J&J
2d mort., 7a. 19iio
Ga.
gold.
1912
Consol.,
& Chle.—Con. 63. 1920
Cin. I. St.

107

:99

J&.I

AAO
M&N

os, 1913
G.W.— lat, Gs, 1911.M&S

Uenv.S.P.&Pac— lat,7s,1905
Des M. & Ft. D.-lst, 6s, 1905. J&J

121

93% 03%

A&O
M&3
M&N

&Toniah.— Serin, 1905

Ham. &Dayt.- 2d, 78,
Consol. mort., 78, 1905

85

102

18

25

Evansv. Crawt.— 1st, 7s. '87. J&J 100
.M.,78, '98. .J&J 123
Mil.
Ga, 1905. .M.&S.
Evans.&T.H.,l3tcon.,68,1921,J&J
Mt. Vernon— Ist, Gs
Madison E.\t.. 1st, 7», 1911.
t"l23>s 124%:
Menominee i;.vt..l3t.73,19I IJ&D 112314 121%! Evan.sv.T.H.&Chl.- Ist, 78. g.M&N 100%
Southern- lBt,68.1924 J&J
Northwest.Un., l8t.7a, 1917.
1124 125%: Fargo
IIOOI4
FitchburiT— 58, 1899
Winona &St.Pot.— 1st, 78,'87. J&J 108 109
1110%
do
5s, 1900-01-02
2d M.. 7s, 1907.
117
1117
St. P., la, 1909..
101
6a, 1898
Ott. C. F.
ChlcR.I.&Pac.— Ga, 1917,coup.J&J 1281^1 129
7a, 1894'.
Flint
P. Marn.-M. 6s,1920.A&0 '114
68, 1917, reg
.T&J
Holly W.
Ml., Ist, 88. 1001. J&J 1125
Chic.&S.W..l8t,7s,gnar.,'99.M&N 1121% 122^4
Ft. Madison &N.W., 1st 78. g.,190.-3
Chlc.St.L.&Pitt.— lst,58,l»32.A&0
G9
65
Ft. Worth
Denv.
Ist, Os, 1921
64»s
Chic.
Gt. East., 1st, 7s, 93-'95. 100

do
Cln. H. &

101
99
99

1st consol. mort.. 7a. 1910

04''ij

M&N

1909

17

117%

W.— Conv.7s,1802 J&D

General mort.,

125

& Mil.. Ist
& M.-vd., 1st,

Cln.

00

Con.sol., 78,gobl, IDOO.ass'd.Q-.M
Cent. Ohio— 1st M.. Gs, 1S90..M&.«
Cent, P,->c.— iKi, Gs, itobl,'95-98. J&J
8. Joaqniu, 1 at .M.,Gs, g.l900.A&O
Cal. & Oregon, lat, Gs, g.,'88.JAJI
do
series B, Gs. 1802'
Cal.A Or. C.P.bonds, Gs,g.,;92 J&J
1-and grant M., 6a. g., 1890. A&O
West. Paeif., Ist. Ga, g., '99..J&J!

110

Mort. 7s. 1007
M&S 130
Den.A Rio G.— Ist, 7a, g..l900.M&N

J&D 125
A&O 100%
A&O 103

Chic.& W.tnd.— S.ld. 68, 1010 M&N
Gcneralniort, Gs, 1932 ....Q—M

101

W

109

Cln. & Chle. A. L., 1886-'00
Cliic.St.P.Min.&Oin.—Con. 6s. 1930
Ch.St.P.& -llinn. lst,a8,1918M&N
North Wise. IstGs, 1030... .J&J
8t. Paul&S.City, lst68,1910.A&0

100

99

Del.Lack.A

C0I.& Ind. C, 1st M.,78, 1904..I&J 11 13
2d M. 78.1904. .M&N 105
do
Un.& I.,oganap.,lst,7s,1905.A&0 IllO

98I4

60

Delaware— Mort., 68,gnar..'95. J&J
Del.&Bound B'k— lst,7a,1905F&A 122

95

Escan.&L Sup., lal, 68, 1901.J&J
Des M.& Minn's. st.78.1907.F&A
Iowa Mid., lat SI., 8s, 1000. A&O 129

Chic.

II3I3
98

Con8ol.M.,7s.lS99,aa.sented.Q—
Aclju.^tnient bonds, 7h, 1903.M&N
Couv. deben. Gs. 1908
M&N
Inconio bonds, 1908
M&N
Am. l)k..t Imp. Co., 5a.l921.J&J
Leb.&Wllkesb.CoaI,iuo..'88..M&N

Cumberland & Penn.— Ist mort
2d mort
Cumborl.Val.- lstM..8s,1901.A&O
Dayton & Mich.— Consol. 5a. ...J&J
3d mort., 7s, 1888. now 2d. A&O
Dayt.A West.- l8tM.,69, 1905.JAJ
lat mort., 78, 1905
J&J

&

68

AiO
F&A
M&N

106%! Conn. Val.— Ist M.. 58. 1922
86%1 Conn. West.— 1st M., 78, 1900. J&J
Connecting (PliUa.)— lat, Gs ..M&S
Conaol.RR.oI' Vt., l8t, Sa, lOia.JAJ

&

,

.58%

65

SS^a Col.S»rincr.&C.— lat.7a,190l..M&S
98%
Col. & Xenia— 1st M., 78.1;S90.M&S 1107
Conn. & Passurap.— M., 78, '93. A&O ni6H 117
117% MiLssawippI, g., Oa, gold, '89 JAJ 1.

94%

1«20.,I&J

&

95

Incljonds." debt ecrts.", 78,-\&0
Ea«t»;rn Div., Ist, 6«, 1912. ..\.tO

.'>;',

05% 98H

A&O
A Tol— Consol. 5a

1926

0.1,

Col.&Hock.V.— lRtM.,78,'97.A&0 1110
do
2d M., 7s, 1892. J&J UOO
Col. & Toledo— lat mort. bonds
1103
do
2d mort
UOO
OUio&AV.Va..l8t,a.f.,7a,1910.\I&N 105

Chic

100
84
84

05
82

.M, 7s, 1890,

93

97iii

Peninauhi. 1st, eonv.,78.'98.M&S

1895

Atcli.&
AtcU.(;ol.&Pac.,l8t,(>8,190.5Q.—

Div.. 1st, Gs,

I

1

I

.

Ill«.

I

O414

96

debent., 58,1933.M&.\"

2.5-Tr8. deb.

85

80
120

Div., 1st. Gs,

15

1

J&J

reg
do
do
Sinking fund, 63, 1920
58,1929
do

Catawi.ssa-Mort., 7a, 1900.. .F.tA
Ce<larF.&Min.— Ist, 78, 1907. J&J
118
Cedar R. & Mo.— 1st, 78, '91. .F&A I107»3 109>3
istmort., 79, 1916
M&N 11211a'"Cent. Br. U. Pac, l8t8,68,'95.M&N
|

78, conv, 1902, as-senled

110
109

Consol., gold, 7s, cp., 1902.. J&D

C.

CcnVlof N. J.— let

103
97

Wis. Val. Div., 1st, 68, 1920. J&Jj 100
100%
Chlc.&Northw.— S.f„l8t,7s,'85F&A 104^4
Consol. mort., 78, 1915
136%
Q—
Exten. mort., 7a, 1885
"
F&A 104
Istmort., 78, 1885
F&A 104'.> 105

SO

Con8.I.''t

eoiiiHiii 7r,

119
118
120
127
121

I&,I

Teriniulafls, 1914...:

Bur.C.

Fund.

1897

do West. Div., 58,1921. J&J
Mineral Pt. Div.. 58, 1910... J&J
Chic. & L. Snp. Div., 58, 1921J&J
Wi8.&Minn.Div.,53, 1921. ..J&J

Ist, 78,'90. J&J

A&O

Ist M., 7a,

..

105

M&S

1915

2d mort.,

Col. llock. Val.

\&n 110% 111

Tr.. 1~

& DaU., lat M., 78, 1890.J&J
Hast. &Dak., 1st M.,78, lOlO.J&J
Chic. & Mil., lat .M.,78, 1903.J&.1
Ist mort.. consol.. 78. 1905. .J&J
l8tM., r. & D. E.xt., 7s, 1908J&J
l8C M.,63, S'thwcat Div.l909J&J
1st M., 58. La C. & Dav.l919J&J
So. Minn. Ist 6a, 1910
.I&J
Chic. & Pac. Div. Gs, 1910
J&J

Warrcn& l'"r'kln,l8t,7a,'96F&A 100
Bua.& Soutliwest.— Gs, 1908. .J.&J

2d. inc., Gs,

132'
101

.

ll7-\

100
120

Buff.Pitt.sli.&\Vcst.-88,1921A&0
Pitts. TihisY.& B.— 78,189aF&A
Oil Creek. 1st M., 68, 1912. A&O

Union & Titusv.,

:CIev.&M. Val.— lat, 7a.g.,'93.FAA
IColumbia & Gr.— Ist, 6s, 1910. J&J

I

100

1908. ..Q—M

1924

Grand

14

tUGig
M,,78,'03.A&O lllGiall7

:

ni.

30

M&N

Dixon P00.& 11..
,l&,) U09% 110
Ott. Osw. & Fox K •<s, l'.IO;l ,I&J U24
QuInoy&Wars'w, lat,88,'!)0.,I&.) llUifl 112
Atoh'n & Nell.— Ist. 78,1907 M&S ai7ia U8
931s CUio. &Can. So.— lst,78, 1902 A&C
Clilc&EaatIll.-lstraort.63,1907 108
Income bond<, 1907
I02«a
103
Chic &Gr.'rninU-l8t mort.. 1900
02
98"a
11194^ 120
|Chic.&Mieh.L.SIi.-l8t,88,'89.M&S 1109 111
1118
119
Chic. Mil. & St. Paul11031^10313
P. duC. Div., lat. 88, 1898. F&A 130
123
tll2'«;I13
P. D.,2d M.,7 3 lOs, 1898..F&A 120
St. P.&Chie.,7a, g„1902....J&J 126%
12's 12
120
La. C. Ist .M.. 78,1893
J&J

Bo8t.Criic.AMon.—S.F.,68,'89.JcfeJ
CoOBnl. niort., 78, 1893
A&O
Bo8I. Iliirt.iSc E.— Ist, 7s, 1900. J&J
1st niort, 78, gnar
J&J
Boston & Jewell- 78, '92
A&O tll7'4
68, 18li(i
J&J 1115%
1S99
New
J&J UOtl
Boston & Mi.iric—78. 1893-91. J&JJI121
BoRt. & Pnn iilf'nceT-78, 1893. J&J 122
Bo8t.& Ittn'crc U'li- l8t,«s,'97.J&J mi's
ErudfonlUord. .'c K.— 1 st, Ga, 11132

Bnft. Hrail.A

K., I'd

I

Steniiis;. 5»,

1st, Dh.

&Mo.

do
C(mv. 8a.'94 ser.J&J
Bur.&Mo.(Ncb.),lst,a8.1918.J&J ill7
do Cons, Gs, non-e.K..J&J tlOG
do 48. (Neb), 1910... J&J t8S
do Neb.liU,Ist,7s,'!)GA&fc 1113
T&I)I122
do Oui.&

Oluo-Os, 18tJ5..Aii;0 lom
1927
J&D ,103 105
Btorliiivr. (is. 1895
M&8 Mil 113
118
BtorLlii:,- iiiort., Os, »., 1902. .MAS !116
120
rti)
G.S, e., 1910. M&N MIS
117
Parkersliurg Br., Os. 1919. ..A&O 113
U9
Bait.* PotV— 1st, 6s,j?.,1911.JAJ ;ll7
118
Isr, tiiiMK'l, 6». k.,k'<1, 1911. A&O ;116
117
KoU'ai; ip-Ist, 78, 1893
J&J

*

Baltlmoro

debenture, 1913

Ds, 1919, Iowa I>lv
4a, 1910,
do
4e, Denver Div.. 1922.;
48, idaln bond.s. 1921

Aak.

&

M&N

A&O 102%
M&N 96Si
A&O 103
91
A&O 01
F&A 92
821*
M&S S2i«

58.1901

Wash.

120

70

Chle.Burl.& Q. -(;on8.,7«,1903 J&.I 131
Bonds. 58, 189.5
J&D '100

76
68

Uoutral Division, old, 0»

Cln.

I

83
80

Gr

Atliiiitl.' .t

A&O
A&O

St.L.Jack8'v.&c
do 1st gnar
I

.tSo.I>ac,1st.7a,in(ni
108
PloilB'l lIlllA-DoSoti), lst,7s,l'.l07 notf
PuoMn .V, Ark. v., Ist, 7», K.,1!HW. U18>a 119
9714
9f>«i
Boiioni, 1st, 7s. 11)10, gmir.. J&J
Wioliii:iA8.W.,lat,7s,K.,f,'ua..l90'J 1107 Is 109
109
Atliiiil:i A: Charlotte Air L.— l8t,7s
llK'Ollli',

-

'

Bid.

B»lt.~(Contlnued) —
3d mort., gold. 38- is, 1331..FdcA
Income 5s. 1031

72
109

Sclnto & Hock. V, 1st, 78.. ..H&N tlOO
Bait. Short h., Ist, 78, 1000. .J&.I
119>s
Olev. Col. C. & I.— l8t, 7«, '99.
Consol. mort, 7b. 1914
120
J&D
Cons. 8. F.,78, 1914
JAJ
Gen. oon. 6.s, 1934
116H!
JAJ
iieii
Belief. & Ind. M.. 78, 1899. ..J&J
123
Clev. & Pitts.—4th M., 6», 1892. J&.J 109
119
Consol. S. F., 78, 1900
122

M&N

I90\ 91
HOi!
107
K,C.Topekui!tW., Ist jr.,7»,K.JcU 112211, 123
111
iucoino 7h. AAO 1108
tm

K.Mox

Railroad BoNDa.

A8k.

Sterling mort.. Gs, ^., 1903. .J&J 1118
Bda. Kan. C. line, Gs.g,, 1903.
MlHS.Uiv.lirldge. lat.,8.f.,68,1912

I

& El nor'ilo, lst,7«. A&O

Bid.

I

121%
Aton.Toi>.AI^.l>— l8t,7fl,e.,'U9.J*J 1121
A&O tll8>4 118%.
iMWd Kiniit, 7s, g.. \<W2
J&U 104 105
Biiikliii,' fiiiiil.lis, 11)11
115
Qimniiitocil 7s, 190!) . J&J&A&O Ilia
A&O UOO lOO'j
59, li'OI) (Istmort.)
M&H t86% 87
en. plain houds, 1920
FloioiU'C

Paxe of Qnotaltona.

rClicd.O.*. 8.W.— M.-, Ga, 19U.F&A
|'ChC8hlro--0a. 1S9G !H
J&J Il08i«
Clilc & Alton— Isl M., 78, '93..J&.I 118>a

AUoRh. V«l.— Gpu. M.,73-108..J&J 117>«
EMt. cxtdi. M., 7b. 1910...-A&O :124 126
21
AAO 12
Ineoiiio. 7c, oiKi., 1804

4'«8, 1!)'20

Ptrat

Railroad Kokds,

Ask.

Bid.

Head or

at

1

1

|i

I

'

'

,

.

WaooAN.W.,l8t,7s.g.,1903.J&J HI
100 101% Cln. Nortliern. -1st. 6s, gold. 1920,
40
30
A&O 111
Cons, mort., 8a, 1912
Cin.Rich. &Obie.— Ist. 78, '93.J&J 1105%!
108
113
Charl'teCol.&A.— Cou.s.,78,'95.J&J 10718 108%! Cin. Rich. &F.W.— Ist, 78, g... J&D I103%ll08
Waco AN., 88, 1915
94
A&O
2diuort..7B, 1910
1921
Gen. mort. Gs,
96
Cln. Sand'ky & CI.— 6«, 10OO..F&a!i 10214^ 102%
J&J 91
Clieraw&Dail.— l8tM.,88,'88.A&0 lOtt
7a, 1887 extended
M&SII 102 il02>4 aunt. & Br. Top -lat, 78, '90.. A&O US'*
110
F&A
2d ni'tn.. 78
Consol. mort., 7s, 1800
103
J&D (10212 102% 2d mort., 78, g., 1895
( Ii.s. ,v
AAO 81 83
>!ao— Pur. money fd.,1898 109
Cona 3dM. 68. 1895
an.&Sp.— 78.C.C.C.&I.,1001.A&O 1107 110
8en.^ \, 1903
(U. Cent.— Ist M.Chlo.&Spr.'08JAJ .....
110
A&O lot's 103
7s, guar., L.S.& M.8., 1901.. A&O 1107
F&A 1C6%I.
Gs, gold, sor.B.int.def. 1908. M&N
Middle Div. reg. 5s. 1021.
Cln. Washinston & Bait.—
72»s
'25'
107
68,cnrri-uej', int. dcf.. 1018.. J&J
lat M.. guar. 4%s-88, 1931. M&N
97% 97%! SterUng. S. F.. Ss. g., 1903..A&O,:l05
114
Ga. loi
Sterling.gcn. M..6a.ir.. 181>3.A&t> :112
A.vo.
2d mort gnas,, .5a, 1931 ....J&J
94lsi
61% G3
i

I

I

i

.

'

1

1

.

I

'

Price nominal; no late transactions.

I

Puroliaaor also pays nocruod Interest.

;

In London,

M
J

—

J

.

J

THE CHRONICLE.

24

-

[Vol. XL.

GENERAL QUOTATIONS OP STOCKS AND BONDS— Continued.
For Bcpl«natIon« See Votes at Head of First Page of <tnotatlons.

KAIUtOAD BomM.

Bid.

nUnols Central— (Continued)— ,^ ,„,
.J&DU05
Btertlng. 68. 1903
Chic. St. I..&N.O.— l8toon.7e,'97 120

2dmort

t;,<,

mL)8. Cenf.lst, 78,

M&N

.....

J&D

104VJ

•74-84.M&N HOO

do
2d niort., 88. ...•.
N.O..Tack.&Ot.N..l8t,S8.'86J&J

58, coup., 1931
5s,reg.,1931
wA'I'^tS
KalamazoG&8.H.,l8t,8s,'90.M&N tllOia
J.L.&8ag.lst,88'85,"wh.bd8"J&J 100 ig
J.L.& Sag.North Ext.,8s. '90,M&N

101

2dM.,8s,'!)0,ctf8.A,<feO

108
1900J&J 114
75
ASiO
A&O 55

2dmort.d<>ljt....A,.tO

lad. Bl.&W.— Ist. iif.,78,
let mort., 4-5-6, 1909
2d mort., 4-5-6, 1'JOa

76
60

do

Cons. M.,8s,'91.

do
do

.M&S

M&8
es,1891
& N.rnd.,let,73 (guar.M.C.I
& Obio-lst, 6s, 1923 ..M&N
.Midd. Un. & Wat. Gap-let mort..
2(1 mort. Se, quar. N.Y. S. & W...
Joliet

Mich.

Income, 1919
Ba8t.Dlv.,

Ut mort.68,ie21.JA:D

7»ifl

Income

10

123

North Carolina-M.. 8s. 18J-8.M&N 100
125
103% North Penn.-lst M., 6s, 1885 J&. 1027e
M&N 12213
no's 2d mort., 7a, 1896
.J&J 1271s
110
Gen. mort, 78, 1903
M&S 106
190o
reg.,
Os,
103 %
Now loan,
Northcast.,8.C.-lst M.,88,'99,M&S 121is
M&= 123
1899
loo
2d mort.. 8s,
NortherD,Cal.— 1st, Os, 1907. .J&J 109
IO214
112'
85.J&J
2dmort.,68,
North'nCent.—
A&O
101
3d mort., 6s, 1900
J&J
1900.
coup.,
Con. mort., 6s, g.,
A&O 113
lis'
68, g., reg., 1900
lo'2
J&J
seriesA
1926,
Mort. bds., 5s,
100
series B
do
60
Con. mort, stg. 6s, g.,1904...J&.] t 10
100
Northern, N.J.-lst M.,6s,'S8.J&J tlOO
60
North. Pac, P. D'O Div.-Ga, M&S. 1 97
M&N 197
99%
Mo. Div. 6a, 1919

M&S
M&8

68.1909

103
108

1

Ask.

Consol. 58, 1902
v-*!*^ 103 >4
l8t M. on Air Line, 88, 1890.J&J UIOI4
..M&N H09
guar.
8s,
Air Line, Ist M.,
Gd. RiT. v., Ist 8s, Kuar.,'8b.J&.l 11021s

lom

80

iiriJi

tioo
120
25
90

Mil.US &W.-lstM.,6s,1921.M&N
Ind. Dec. ASn.— l3t, 78, 190G.A&3 104
-.-Jta^
1st, Incomes
2d mort., 5s, 1911
J&J 20
Mil. & No.— Ist, 68, 1910.... J&D
2d mort., income, 1906
J&D
1st, 68, 1881 1913
Ti-ust Co. cert
Minn. & St. L.-lst M.. 1927. .J&D
New l«t mort. 68. funded
In<l'n..ii.A st.L.— lst,78,1919.Var. illOifi 114>i!
1st M., Iowa Citj'&W., I'JOO.J&D
J&J
till
Ir
Vln.— l8t,7s,1908.F&A
2d mort., 7s, 1891

"99 i«
7018

•

Kuar.,li)OO.MAN 100
,;tli.— ist,CB,1919.M&N 107
M&a 74>4
1009
1-.

I:

Coui..
lonlalv!

li:.,

Southwcst.Ext.,lst,7s.l»10.J&D

p.,

"

Uuising— IstSs, •'"
'89. ..J&.1 n07"4
IowaCilv&We«t.— lst,78,l!)09M&S
Fa FaUs & Sioux C— l8t, 7a,'99ActO U20i£
Jefferson— Hawl'y Br. 78, '87..J&J
J&J 100
lBtmort.,78, 1889
Jett. Mad. A Ind.— Ist, 78,1906. A&O tll3
,I&J|IUa»i
2d mort., Tfl, 1910

Pacilio Est., Ist. Os, 1921..

76
109
121

Junction (rbil.)—l8t,4>2.s,1907J&.7

2d

A&O

mort., 08, 1900

K.C.Ft.8cottiS! G.— l8t,78,1908 JiU; 1 I7J4 U75i
Kansas C. Lawr. i: So. Ist, Gs. 1909,1108 109
1

J&J 119

K.C.St.Jo3.& C.B.— M.78,1907.

-•

1

99%

K.C.Snr.itMcm.- l8t,6s,U)23.M&N
Kentuck}' Central- 68. 191 1... J&J

120
OSJ'e

Keokuli&DosM.— l8t.5s,Kua.r.A&0 105
L. Erie & Wcat.— Ist, 6s,1919.F&A
Income,

7s,

83 Is

30

11

1899

1919 ....F&A
income, 1920
iMl. B1.& nun.,l8t, 08,1919. M&N
Income, 78, 1899
do
Lake Sliore & Mich. So.—
M.80.& N.I., S.F.,lst,78,'85.M&N
©eve. &T0I., Ist M., 78, '85.. J&J
Sandiislty Dir., 68,

do

80
102 102 14
104 ij

do
2d M., 78, 1880.A&O 104 "4 105'
118
CI. P. &Ash.,now7s, 1892. .A&O 114
Bafl.& E., new bds, M..78,'98.A&0 118
120

& State

Buff.

L., 7s, 1880.... J&J

Det.Mon.& Tol.,l8t,78,l»06.F&A i'ls'
Kalamazoo AI.&Gr.K.,lst,8s.J&J 110
K«L<fc Schoolcraft, l8t, 8s.'87.J&J
Kal.& Wh. PlKeon.lst.7e.'90..J&J

Dividend Iwnds,

7s, 18t>9.

. .

A&O

I..S.& M.S., cons., cp^lst,7s. J&J

do con8.,reg.,l8t,(S,l900.Q—
do t</n8.,cp.,2a,7a,l»03..J&L)
do cons., r6i?.,2d, 78,1903. J&L)
Lawrencf)— Ist mort., 78,1895.F&A
Lenigh Val.— l8t,0s,coup.,'98.J&rj
1st mort., Os, leK., 1898
J&l)
2d mort., 78, 1910
M&S
Gen. M.,
I..

s. f.,

Os, g.,

1923. .

. .

J&D

Mliml— Reuewal 5»,1'J12..M&N

L.RocK&Ft.S.— lst,l.Kr.,78'95.J&J
Long Island- l8t M..78,1898.M&N

110
110

•

80
95

Geu'l
Gen'l

(,'.,

120

1921

F&A

90
112

92
114

M&N

102

103

Mobile &
2d pref debentures
3d pref. debentures
4th pref. iteboutures
J&D
New mortgage, 63, 1927
Collateral trust 6s. 1892 ....J&J
1927
Q—
Ist extension 69,
MorK'u'sLa.&Tex.,lst,es,1920J&J
M&N
1914
Morris & Esbc-x- 1st, 7s,
F&A
2d mort, 78, 1891
J&J
Bonds, 78, 1900
A&O
General mort.. 78, 1901
J&D
Consol. mort., 78. 1915
Nashua* Low.— 68, g., 1893. F&A

53
24
15

5j
25

M&S

.

58,1900
Nasbv.Ch.& St. L.— Ist, 78,1913 J&J
J&J
2d mort., Gs, 1901
Ist, Teiin. & Pac, 6s, 1917... J&J
119
1st, MoM. M. W.&A.,68,1917.J&J
128>4
Nashv.& Decat'r.— lst,7s,1000. J&J
12.%
Natchez Jack. & Col.— 1st, 7s, 1910
114>s 115
Nevada Cen.— Ist 6s, 1904....A&O
113>i IU'8 Now.ark & N. Y.— Isc, 78, 1887.J&J
New'kS'set&S.— Ist. 7s. g.,'S9.M&N
il()ii i2i'
N'liurgh&N.Y.— IstM. 7s,1888.J&J
120
New Jersey & N. Y.— Ist mort
133
N. J. Southern— Ist M.,new 6s. J&J
122
N.Y. & Can.-£ M., 6a, g., 1904.M&N
104 106
N.Y.C.&H— Debt .'ert.,ext.58 M&N
Oljia 98
Mort., 78, coup., 1903
J&J
119
Mort., 78, reg., 1903
J&J
IOII3
Debenture .i», 1901
M&S
tlOO 103
Sterling mort., 6s, g., 1903... J&J
J&D
N. Y. 0., Gs, 1887
Hud. R.. 2d M.. 78., 1885. ...J&D
112
113
N.Y.Chio.&St.L.-lst,Bs,192l.J&D
100
M&S
2d 68,1923
N.Y.City& No.-Gen'l,6s,1910M&N
111

Bo3t.C.&Fitehb ,l8t,7s,'89-90J&J
B. C. F. &N. B., 53, 1910..J&J
N. Bedford BR., 7s, 1894].. J&J

F&A
Equipment, 68, 1885
Framigham&Lowell,l8t,5s.'91
J&J
Ores. & Cal.— l8t Gs, 1921
:d mort
7s
Oregon&vTrauscont.- 6s,l»22M&N

15

100

101

.

133
113

1161a

118
lOlifl

112
102

82
17

1'8
J"!.

Ob's
4I3

lOU
135

107
UH

514

1

1

1

120
100

O

—

Gs, reg., 1907
l8ti>I.,4iifi, 192i:j&.il

Peuu. Co.,
do

I

122
looia

70

J08

,

do
6s. coup., 1905. .J&D
Collateral trust, 4isa, 1913-. J&
....J^D
Consol. 5e, 1919

90

113

100% 107
68

Osw.&Rome— 1st M., 7s. 1915.M&N 120
Panama—Sterl'gM.. 78. g. '97.A&0 J113

190

I0714

113'4 II313

Sinlting fund aub., Gs, 1910. M&N
I20I3 122
103
Subsidy bouda, Eng. iaaue, 6a
1123 1^414 Paris&Deo't'r— lstM.,78,g.,'92.J&.l
112
112's Penna.— Gen. M., 6s, cp., 1910 Q— ,^ i23'
loo's 108
Geu'l mort., 63, reg., 1910.. A&O 124
120 123
Cons, mort., 6s, reg., 1905. .Q—M

115

106
35

120ifl

102% 104
O:

"63

Penn.& N.Y.Caii.- Ist. 7s, '96. J&l> 122
J&l> 1l8t mort., 7s, 190G
od
Peusacola& Atlantic -1st m..M&.8
Peoria Dec.& Ev.— l8t,68,1920,J&J
Incomes, 1920
Evaus villa Div., 1st 0s,1920.M&S
income, 1920 ...
do

101
104
105
100
...

i

110

103H

J&.I

J&D

4i3«,'il897

O.— 1st prof, debentures..

108

J&J --•
60
1920
Mineral Div., inc. 78. 1921
"1513
15
River Div., 1st, 6s, 1922 ....M&S
lis
2
income, 6a, 1922
do
Ohio& Miss.- Cons. S.F.7s,'98.J&J '-19
J&J J19
Cons, mort., 7s, '98
A&O 111
2d mort., 78, 1911
09
lstraort.,Springf.Div.,1905 M&N
dlhi 85
Ohio Southern— 1st 6s, 1921. ..J&D
2212
,21
2dincome, 6s, 1921
F&A fU9 11913
Old Colony-6s, 1897
J&D 1117 II7I3
6s, 1895
M&S rl22i2 123
78, 1894

54

M&N

1281a

Trust. 6s,

lst'i;cr'l

iodh

Consol. Gs, 1920
J&.1
2d mort., 78, 1891
Car. B., 1st mort., 68, g. '93..A&0

Sdmorteage, 7s, 1906
Income, 78, 1892

g., 1st, 6s.
g., Ist, 6a,

.
A&O
102
Consol. ,68, 1920
112^4 113
Income, 38&6sl920
103 %i' Ohio Cent.— l8t,mort,,6s,1920, J&J
1'20
Incomes, 1920

1899. (U. P. S.Br.)J&J

mort.,6s,gld,'88,

1.

A&O 102%

A&C
2d mort., income, 1911
Boonev'e B'gc,7s,gaar,1906.M&N
Han. & O. Mo., 1st 78, g.,'00.M&N
.Mo.Pac- l8t

1.

Aak.

104

J&J 00
reg
;Torw'h&Worc'r-lstM..63.'97.J&J t llbJa 118
Oira'ii8b'g&L.Ch.-lstM.68,'9a,J&J lOOis 101
M&S tlOl 102
iiuldng fund. 88.1890

MiS8.&Tcmi.— 1st M.,88,8eriea "A"
J&J 102 106
8s. 6erie9"B"
Mo.K. &'r.-(Jon8. a8S.. 1904-6.F&A 1041a 105
OS's' 86
J&D
1920
Consciirt.ited 68,
ifi
5314
J&D
Consolidated .5a, 1920
1st, Os,

I13>s

114

Bid.

Kailroad Bonds.

Pid.

Mich. Cent.-Consol., 78,1902 M&N

107
122

J&D

1!)07

Ten. lien, 78, 1897
58, 1031, gold

do
do

Railroad Bosds.

Agk.

111
10^ IO3I4 Peo.& Pekin Un.— l8t,Gs,1921.Q-F
13Jia 133
Perkiomen— 1st M., Ga, 1887.. A&O

tlOO

9913

98"
35

lOHs

99

9913
iJlia 1321s
Cons. mort.«63. 1913, sterling ...
102
9S
1021a Petersburg -CUss A, 1926 ....J&J
92%
Mto
112iJ
12
A&O 80% 81 13
Clas^B, 1920
Mewtown& Fl., ist, 78, 1891
lot's
Pliila.& Erie— 2d M., 78, 1888. JotJ Hi's
l..I.Cily& Fluslilu^;- l8t,(>;(.l911
lOlifi
123
Geu. M.. guar., 63. g., 1920. .J&J 1121
Lou'v.C.A l^x.- l8t,78,'97 J&.l(ex)
92 "a
92
Sunburv&Erie, l8tM.,7s,'97.A-vo 118
2d mort., 78, 1907
...A&O
"34' "3T)" Phil».& Read'g— 1st, 68, 1910 .J&J 1 18
Lonlsvillo & NasUvlIle.—
ji.MKj 114
2d,7s,'93
Cons. l8t.78, IBU8
II5I2
A&O
34%
34
Trust Co. receipts
J&J
Debenture, 1893
C«:lllau lir., 7a, 1907
M&S 8Sh
120
N. Y. Elevated.- Ist M., 1906.J&J
J&D 112 117
CousoL.M.
73.1911,
reg.&cp.
Louisville loan, 68, '86-'87..A&0 102
25
20
N. Y. & Greeuw'd L.— 1st M. inc. 6s
J&H
Consol. mort., 63, 1911
Leb.-Knonv. (is, 1931
M&8 100
92"
6
3
2d mortga ge income
Improvement mort., 6e, '97, A&O ]90
LouIb. On. & Lex., Gs. 1931. M&X 100
.
iV.Y.&Harlem— 7s.coup.,1900.M&N 128 13
Geu'l mort., 6s, 1908
J&J 0713 G8
Mtm.&0.,stl., .M.,7s, ),'.,1901J&ii )li6
118
N.Y. Lac .& W.— 1st. 68, 192 1. J&J 119 '4
38
30
Convertible,
J&.I
7s,
1893
M.&<;larksv..8l'g,68,g.,l!)02 F&A flO-i
110
07
2nd, 58. guar., 1923
F&A
41
Cms. 53, 1st si^ries
M. O. & Mobile. Ist Os, 1930. J&J
7715 70
124
121
N.Y.
L
E.&
W.—
l8t,7s.'97,ext.M&N
.=is. 2d series
F&A
Cons.
do
2<', 6s, li)30...,J&J
60
•C2
2d mort. exten., 5s, 1919 ...M&8 106
so'
Conv. adj. sciip, 1888
J&J
Fensacola Dlv.,l8t,6s,1920..M&.S
70
71
3d mort. ox. 4I28, 1023
.M&S I02I4
Scrip for G deferred 13 ooupous
Bt Louis Dlv.. 1st, 68, 1921. .M&S
4th mort., ext., 58, 1920.. ..A&O 1051s
Deferred income
do
2<1., 38. 1980. M&S
30
5th mort ,78, 1888
45
J&D lUH
Income mort., cons. 78, '96, J&1>
»Mih. & Dec., I8t78, 1900. ..J&J
117
1st cons. M., 7s, g.,1920
M&S 11914
Coal& I., guar.,7s,'92,exop.M&S
E. U. & N., 1st 6», 1019
J&D 06 98
cons.
6s.
1909
5014
New
2d
J&D
i892..A&(>;H07
109
Phlla.
Wil.
&
Bait.—
68,
Oeu'l mort., 08, 1930
J^u
Colbiteral Tr. 6-i.l!i22
M&V
»J8, 1900
A&o! 112 113
Bo.&.No.Ala., 8. F., 08,1910 A&O
1st
con
i. fund coup. ,7s. 1920 M&S
iii"
107
58.
1910
J&D
H06
l8t mort.. sinking fund, Ss
2dcor4. f'd cp., 5s, 1969
J&D
Tru5t certs., 43, 1921
93%
J&J 93
Trust iionds. 68, 1922...
Q— "ii'h 77
Reorganizat'n 1st lien, 6a, 1908
Pitt8ii.Bradf.&
j.—
lat.GslMl
IA^mO
Ten-foityUs. 1921
Man
«0
Gold inwnue bonds, Os, 1977
Pittsb.C.& St.U— lst,78,1900.F&A 117
II914
L'sv.N.A.&Clilc— l«i,ts,19lo. J&.l "00 ii 95
Louf! Dock mort., 78, 1893.. J&D 10715
Gen. iron. 6«. IH14
2d mort., 78, 1913
A&O
A&O
N.Y.& X.Ens.— 1st .\I., 78, 1005J&J 10 *
10.^
Pittsb.&Con'Usv.— l8tM.7a,'98. J&.1
Lo'lsv.N.O.&Tcx.-l8t,5s,19b4M&S
871s 89
Ist mort., Gs, 1005
9438
J&J
Sterling
125
M»lu.''
cous.
M.,68,
g.,guar.J&J
tl23
""11.78, 1898...Jjt,l 1119
121
lidinoit., 6s, 1902
1.&A
Pittsb.Ft.W. &C.-l8t,78,1912 Var 138% 139
£»'
'".g., l'JOO...A&ollliO
112
N.Y.N.
II.&H.lstr.
48,1003
108
100
130ia
J&D
mort.,
1912
2d
78,
J&J
9""
A&OlliOls 122
S.Y.Pa.& O.— lat, inc.,aco.7s, 190i
3412
All'
3d mort.. 7a, 1912
.V&O 130
I'M. ,6s, 1891. F&A 1100
107%
do
prior lien,lnc.ac.,5-68,'95 {08
102
""
Pittsb. & West.— Ist mort
81
t'n.Os, IHOI.J&J tlio
lU
2dmort.tno
;7i2
8
Poi
H. .v.. 6«, 'OS.A&U
Portl'nd&Ogb'g— l3t6s,g.,1900J&J
90
110 112
Sdmiirt. Ino
4
Man.
..„,, ,11ui.,7h,
25
Vt. div., Ist M., 6s,g., 1891. .M&N

Q—

1st ctmsol. 58, 1931
Bouih Side, Ist, 78, 1887

,

M&N

1909,.M&.8

I

bO

N.Y A.Miiii.beacli.l8t78.'97,J&J
Marq'tiv

lli>.&

O.— Mar.JiO.,83,

M&S
J&D

6f, 11(118
6>..

1023,

'92

new

1114% il5
97
99
88

Mem.&L.I{'rk— Ist in"rt..88. lyo7 101
Mempli.v Cliar:.-l»t,7s, 1()1,<>.J&J Ut
2duiort ,78,1883

J&J

101
108
108

M&.v
lOlil.J&J

93

1

2<li>s,

1H99

Ml xlciii Ceut,— Igt,
Inoomc*
Scrip KW, 1880
Me«lc»n Wat.— I»t,

7»,

.V.V.J&J
(to.

1912 ..A to

*nie«njin|aal; ua

ttt«

42I4
10

86 1<

IriuuauUuuji,

J63
;33
JJ3

„„„

88^ N.Y.Susq. & W.-lst.68, 1911.J&J

108
120

IOl>s li>7's

l«t ou.xil. 7s, 1»15
JiJ
l»t.«-.UK..Teun. lien, 7h,1915 J&J
Metroirn I:!ct.— lst,0«, 1908. J&J

J3

L'sfld L.rental tr'st'73,Trus.'cer.'78
West. ext. certifs, 8s, 1870 J&J
do
'1<>
7», guar. Erie
N.Y.Prov.&B'n—Gen. 78,1 89'.I.J&.I

101

116"

Debentures Gs

M di'd of N. J.-lst,«8,lrtlo. F&A
A&O
N.Y. West S. & Bnff-.-i9. lii.il |,bJ
Noi-f k &W.— Gen'i M.,6s,193l M&N
New River Ut 63, I9,i2
A&O
I

807

42 Hi
lO-v

PortRoy!il& Aug.— lst,63, '99. J&J
Income mort., 6s, 1S9»
I&J
Ren.&S'toga— lst7s,1921 00U..M&.N

100

Ist. 7s, 1921, reg
Rieli'd
Allegli— lat, 78,

133

57

&

10

93
93

f

''iibirrro'l *ia, 'ooi'-f*-.!'

Furobaaer alas pays acoraeU luicrea

135

ol

1916

—

& Petersb., 88, '84-86.. .A&O
Nesv mort., 7s, 1915
M&N

jRieUmond York Rlv, AChes.,

ij

d'»

08,

104

18

133

102
9ii'4

52
106
102
110

1 10

Rich.

.

87

M&N

1920. J&J
...M&N
7613 Ricb'd & Danv.— Con.,6s,'90..M&x
41
General more, 6s. 1915 ... .J&J
Deboniure, 68, 1927
A&O
Piedmont Br., 8s, 1888
A&ii
Rich. Fred. & Potomac 68,ext.J&J
Mort, 7s, 1881-90
J&.,

2d mort.,

Norf'k&Poter8b.,2d,8s, '93 J&J
)'
South Side, Va..l8t,8s,'84-'no'.J&.l t ib
do
2d M., 68,'84-'90.J&J 1100
do
3d.6s.'80-'90
J&J llOl
Va.*Tcnn.. 4th VI., ii. in<>o..i,tl 121

U4<S

65
45
45

on

8s...

104

108

733,
t

la Loadoiu

1

January

.

1

.

.

THE CHRONICLE.

3, 1865.]

25

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
For Bxplanatlona See Notoa

Pitts.. ]9t. 6«. 1021.
Conaol. l8t, tJs. i'jTZ
iuroine. 111:21
(to

Head of

Railroad Stociu.

Aak.

Bid.

Railroad Bonds.
Roch.&

at

Pace of Qaotattona.

First

,

.

71>a

81

"so"

.

.

cfc

.

. . .

A&O
A&O

2diuort.,H8, 1931

Income

O.s,

J&J

bO
102 )a

lo;

I02I3 103

bo

1931

Bo. Ceu. (N.Y.)— Ci'n.sol. mort., 58
8o.Pac,Cal.—l8t,6s,K., 1905-12 A&O
Bo. Pa«..Ari«.— Ist.Os.lilOit lO.J&J
So. Pac.. N. M.--.st, Os, 191 1 .J&J

Boutliwestern(Ga.»— Couv.,7s,1880
Baniiuit Br.— Ist, 78, 1903
JckJ
Bnnb.Ha7..&W-B.— l8t,5s,1928,M&N
2dniiMt.. Os. 1938
M&N

Uti

80

Cin.

97
104

"85
98
105 1«

U2ls
831s

1912. ..M&S
K.1905 M&S
Consol. mort., OS, gold, 1903. J&B
Inc. and hind cr., re^., 1915. July
Ist {RioGr. Div.), 08, 1930. .F&A
do
ex An'.r. C(iup.
N.O. Pac, lst.Gs,K0kl, l!i20..!&l

Sabinu

07 -li

I'lv., lat, fis.

& Pac— lat, Os,

103 Is
75

dOh
5i%

501a

59
25

T6xa»& 8t. Ivouis- l8t,0s,1910 J&D
I«nd Kraut, incomes, 1920
Mo. & Ark. Div., lat. 68.... 1911 "23
Tol. Cin. & at. Louis— lat mort.. ..
8
Income
Tol.Uel's& B.— Ist main, 08, 1910
121s
do
do
do

lis

nniin line, lie, 68,1910
l»t Dnvtiiu dlv.,H9, 1910
D ly. Div., Inc., Os, 1910
20
Soulhoasieiu Uiv., Ist molt., Ca.
l8t terminal trust, 6s, IGIO
United Go's N.J.— Cona.,6s,'94.A&0
Bterlinx mort., Os, 1891
M&S ;lio

Blnk. F.,«s, 1893

OoUMteral trust, Oa, 1908

do
Kans. Pac,

2cl, oref
do
Washington Bianclj
100
lit aucU
100
Boston A Albany
100
IOUI3 Boat. Con. & Montreal., new. ..100
do
Pref.,6...1O0

do
do Denv. Dlv., Os
M&N
do Ist c(ms..M. ,08.1919 M&N
OreRonShoit-L., 08, 1922 .. F&A
Utall Ceil.— IslM. ,0s, (,'.,1890. J&J
Utah 8o., (icu. M. 7s, 1909.. .J&J
do o\iens'n.lst,78,lS00 J&J

Dtlca & lil'k K.— .Mort., 78. '91.J,fe,J
Verro'nuv .Mass.- (•<>iiv.78, '85.J&J
GuaraiiU-. d n», 1903
M&.N

1126'

110
107
11)5

92
87
93 13
110
l-.^8

111

j! Mur.— New lat mort
90
2d mort
.^
3d mm t.. Income
Va.Mldland-lst8er.,6B,1900.M&8 112

Vlcksb.

2d»eiie.s Os, 1911

3d

series,

lOli!
4th seiii-s, 3-1-5-, 1921

6th

.'.-Os,

Ma8
M.vs
M&8

OS's Columbia

Boston Hartford A Erie new
do
old....
do
Boston Hooaac Tun. & Western
80
BoatOHA Lowell
500
Boatou A Maine
100
Boston A N. Y. Air-Liue, prcf
38
Boat(ra A Providence
100
53
Boeton Revere Beach A Lynn.. 100
31H1 Brooklyn Klcvated, assesam't paid.
63
Brooklyn A Moutauk
loo
do
Pref
100
Buff. N. Y. & Erie, leased
100
Buffalo N. Y. A Philadelphia
98

ext., 7a. '90, ex. F&A
Mort., 78, 1879-1909
2d mort., 7e. ext. 1893, ex. ..M&N

101 12

eumulalivo

Ekjmpuient 78, 1883

Qen
•

lis.

Price

I02II ...

uom

A&O
M&N

.

10

do

do

.

Pref. .

111 Burlington C.

15
2
7
1

25
112

Cairo

A

RapidaA North. .100
Vincenues, pref

California Paci lie
Camden A Atlantic

do
Canada Son them

."io,

Pref

21

.11-1)

i'oois

111
113
100
108

50 102
Portamouth,guar.,7 100 xllJ 115
10
77
100
Connecticut River
100 xlOO 1C2
6O0. 700.
Connotton Valley
,50

nal; no lute tratnuctious.

t

&

101% Connecticut A Pnsaumpaic
111

SO

Eel River

107 Is

EUnlraA WlUlamsport,

100

Erie A
Evansville

118

85
42
119

ATcrroHaute

do
Fort

Wayne A
do

32

50
lOO

Fitchbnrg
Flint A Pero Marquette

60
125

90

75
103
31a

5^

4314

90

40
5k

5...,...50

do

Pref., 7.. 50
Pittsburg, guar., 7
50

10.'«%

18is

81

do
Pref.
Jackaon
do
Pref...

107
35
110
19
SS

Fort Worth A Denver C
100
Galv. Hiirrish. A San Antonio

10

I9I3
!3is
(4
}1

4

Georgia Pacific
Georgia Railroad & Bank'g Co. 100
Granil Rapids A Indiana
Grand River Valley, guar., 5.. 100
Green Bay Winona A St. Paul 100
do
Pref
100
7014 Hannibal ASt. Joaeph
76
100
66
do
60 Is
Pref., 7. 100
Harrisbnrg P. Mt. J. A L., guar., 7.50
7
Houston A Texas Central
100
Huntlngd(m A Broad Top
les 170
30
135
do
do
Pref... 50
niinois Central
120
100
do
Leased line, 4 p. c. 100
190
Indiana Bloomiugton A Weat'n 100
9
lH9is Indian. Dccatuf A Sp., com
109
do
do
Pref... 100
92
Iowa Falls A Sioux City
100
88
Jeft'v. Mad. A Ind'p's, leased. .100
Joliet & Chicago, guar., 7
100
7
Kansas City Ft. Scott A Gulf. 100
I04I9 105
do
do
pref.- 100
Kans. City Springf.A Memi>hia
lOij's 107
Keutucky Ceutriil
100
108
Keokuk A Des Moines
ICK)
167
9
do
Pref.... loo
x98
Lake Erie A Western..
100
10
Lake Shore A Mich. So.
100
15
65
Lehigh
Valley
.50
50
Little Rock A Fort Smith
100
Little
Miami,
leased,
8 guar
50
4ia
Little Schuylkill, leased, 7
50
7
60
Long Island
,50
55
Louisiana A Mo. Riv., Com
100
do
Pref., guar
Louisville A Nashville
100

13

5
2

12
41a

. .

30
10

no's
85
ills

no
130
85
125

. .

10i>|

la's
15

50
50
lOo
100
100

100
100
1 00

lat oref

50
4!)

9
70

ii...,iit.v '."^..T.in.

..

.Macon

8

35
8
17

85
13
80
95
86
130

91a

61% 61%

}57i<

573^

24
5

140
52
62

53'"

64

11

Mar.i.

75

A Ont

do

Pief

Memphis A

Cliarleston
.Metropolitan Elevated

m

Mexican Central
Mexican National
do
pref

2

.Michigan Central

A Ohio
do
Pref
M'dUnd of Now Jersey
Mil. Lake Shore A West

100
100
25
100
100

97

98

171% 172
It's

65
16
261s

88
loll

im

63 <a
18
29

92

10%

IH,

5

100

71a

51

Michigan

60

Piu-uatuor also pays aooruod iuterosb

Houghton

24% 2SH

Chic. 100

14 14 .Maine Central
100
is
-Mancliiwter A Lawrence
100
501* .Manhattan Beach (;o
100
50
iManhatti.u R'y, corsolidated ..100

l2^ 13
38 ^ 39

tivi

New Albany A
A Augusta

Louisville

31

15
8

1

(-•(„

00

Prof;. ..100

loo's

105
112
82
38
118
100
100

1>4

148

IS

Danbnry A Norwalk
50
Dayton A Michigan, guar., 314.. 50 58
do
Pref., guar., 8.5(1 110
Delaware A Bound Brook
100 H22
89%
Delaware Lack. A Western
50
Denver A New Orleans
Denver A Kio Grande
100 "'S>t
Denver A Rio (Jr.ando Western
DCs Moiuea A Fort Dodge
110
5
do
do
Pref..
111
70
Dot. Lansing A Northern, com .100
108
107%
do
do
Pref. 100
100% Dnburjue A Sloux.caty
100
110
3
East 'Tcnneaseo Virginia A Qa.lOO
4%
1071s
do
do
Pref.
109
48
Eastern (Mass.)
100
122
Eastern in N. H
100

73
98
70

33 Is
12
88
Cliesapeiike A Ohio, common .. l(Xi
5%
95
do
l8tpref...l00
9
do
2d pref.... 100
981s
6
100
Cnieshlre, pref
100
55
t^hieairo A A ton
100 125
i'w" Chicago A Atlantic
nils Chicago Burlingtim A Qiilncy..lOO Vl4^
95
Chicago A Canada Snutuern
Chicago A East Illiniiia
50
Chicago A (Jiaiid Trunk
10
112
7014
Chicago Milwaukee & Bt. Paul 100
1"9
do
Pref., 7.100 10^
H:i%
95
Chicago A North Western
100
55
Pref., 7.. 100 12l)'9
do
Clilcago Hock laland ,k Pao
100 101 Is
53
lOo
Chic. St. Louia A Pitts
7
pref
100
l.-i
do
73
Chic. St. P. Minn. A Cm., com.. 100
23>s
95
do
pref.. 100
841s
100
ChicagoA We«»Micbl/mn
11 la
.T!l2

145

103

35
2)

2dpref
Central of Maaaacbuaetts
do
pref. 100
Central of New Jersey
100
11;
Central Ohio
50
10719
Pref
.50
do
lOiij Central Pacitlo
100
9.i
Charlotte Col. A Aug
100
123
118

1

83

i'loio

50
100
.)0,

Iowa

do
do

Greenville

31

I

Canadian Pacilic
Catawiasa
lat pref
do
2d pref
do
Cedar Falla A .Minnesota
Central of Georgia
C!eutral

&

11

53

1

A

do

lOis

621a

10

.

%

93 14

B.

Wabash- 1st,

.

10

,m&j

seiies, 5s, I9.;(i

Incoin.

Parkersbiirg

ll-ia

J&J

58, 1907....J&D
1st, C9, 1895. ...F&A
Int M., 68, 1890
J&l>

Atchison Col. A Paelflo
Atchlaon Topeka & Santa Fe..l00
Atlanta & Charlotte Air Line
Atlantic A Pacific
100
AUKiiata A Savannah, leased ... 100
Baltlmoro A Ohio
100
latpt«f.,6
do
100

98

do
08,1901
M&S ;i20 122
Cam. & Amh.,n)ort.. Os, '89.M&N 108
Union Pac. --let,68,);.,1896-'99, J&J US'* 111
Laud Grunt, 79, 1887-9
A&O 1061s

M&S
Cm. BndKc, 8terl.8s,K., 'go.A&O
Reg. 8s, 1893
M&8

& Pac, Ac, pref
do
do
dcf..
Albany & Susqueh., Guar., 7. -.100
AUeghenv Valley
50

Ala. N. O.

34

Sandusky A Cleveland
50
do
Pref., 6.50
Washington A Bait
100

Concord
Concord

100

.St.

do
pref.. 100
CTev. Col. Cin. A IndlanapoIU..100
Clov. A PlUslinrgb, guar., 7
50
Col. Clilc A Indiana Central. ..100
ColnmbiiB A Xenia. guar., 8
50
Col. Hock. Val.
Tol
100

85

Par.

— Lim., A., 06,pref.

108% 109

04
1102
Bnsp.B.A' lineJuuc- l8t JI.,7s
Byr.Bina.&N.Y.- consol.78,'00.\&0 125
97
Tex. Cent. -lst,8k.m.,7a,1909M&N
l8t nioit., 78. 1911
M&N 97
Texa8 & New Oi leans- l8t.78.F&A

Texas

90
45
75

.

UAILROAD STOCKS.

Ala. Gt, South.
Ijim., B, com

65
OS

Cin.

"70'

I

90
75

Ask

60

68

1:

M&N \U2
185
A&O

Bid.

Louts A ChlclOO
Cincinnati .V Miilord
.T.
Cincinnati N. O. A Tex. Pao. ...100
Cin. Indlanap.

Chic. Div., 58, 1910
J&J
f>5
50
Havana Dlv., (>.», 1910
J&J
111
Tol. P. & West.. 1st 7b, 1917. ..0
KonipWiifnAO.-8.l'.,7ii,18Ul.J&IJ 109
Iowa Dlv., 6a, 1921
M&6
JAJ 105 >i
2d lUdit.. 7s. 1892
7 2 is
Indlanai). Div., (Is, 1921 ....J&D
71
Con.«ol., l8t ex. 5s, 1922. ...AdiO
35
Detroit Dlv.. Ok. 1921
JAJ
Income Th, li*32
QulncyMo.&P.,l«t,08,Kaar.l909
RiitlniiM-lst M.. Or, 1902. ...MAN tOS" 99
07
Dlv..
Ss,
10?1
r..J&J
lOO's
Cairo
F.VA
58
2(1
nim-t..
Eiuiiinnciit,
95
90
\Q-F
Cona. mort
St. .losdili & Fni>.— Ist.Ts.iauCI&J
37
F&A
lat. St. I., dlv.,
32
.I&I
2il miirl., 78, 100(5
91
85
FA A
Ot. West., 111.,
K;UL«. & Neb., lat. 7s, lOOlV.JAJ
^5
30
M&N
do
lOuti
..JiJ
do
2(1,78,
M&N
Q'noy &T0I., 1
Bt.L.All.AT.H.— iRt M.,78, 'O'l.JJ^J 110
iio'
.M&N
Ilun. & Naple.-i,
2d mort., pref.. 7», lijO-l .... F&A 109 103
Iil.& 8.1a., lat,
.1912,, ix.F.tA
MJiN
2d luioino, 78, IW-t
15
8t.L.K.C.&N. <i-.c,st.&R.),7H.M&.S
Dlv. bouds, IHOl
120
1919. A&O
do Om.Du-.,!
Bellev.,V8.Ill.,lst,S.F.8»,'!><i.A&0 110
11219
F&A
do Clar. B;
Bt. Lrniis A r. Mt.— lst,78, '02,F*A
J&.l
do No. Mo,
.M&N lOjSSi
2d iu..it., 78, s., 1S97
I0li>s
100
1908
Clia'
do
St.
Ark. r.r. I. gr.. M., 7s, g.. 'O.-i.J&D
Wab. Fund. 190. - Var. 7t FAA
Cairo Ark. & T.,l8t,7R.)f..'!>7..I>tn 102
108^
F.feA
do
Various 68
Cairo \- Fill., l8t.l.K.,78,k..'!n .J&J 107
71
Warren (N.J.)— 2.1, 7s, 1900 .A&O
Gen. coil, r'y & I. «.. r>s.lo:{l A&O
l(i0t«
W.
.rcTxey
.M.,6al910.MAS
&
At.
iM
Bt.L.&8iiiiR— '.'dM.clas.sA.'OG.M.tK
I&J
M&N 9!) ilOU West Jers(?y- 1st, lis, 1896
2d M..cii(8sT!, 11)00
lat mort., 7s, 1899
A&O
M&N 98% 100
do clHssC, 1900
Consol. mort., (;.. 1909
.\&0
Boutli Pacilic— Ist .M. 18S8 -J&J 10d>< 100
Weat'n Ala.— 1st .M., 89, '88...A&0
FAA
Pierre C. & O. Ist, Os
2d tnort., Ss, soar., '90
A&O
J&D 101
EquipUKsul 7s. 189r>
yoSl
West. Md.— F,iul., 1st, 89,90. ..J&J
JA-J
General iii()rt..6», 1H31
l8t mort., 0.5, 1890
J&J
F&A
Trust bonds (Is, 1910
End., 2d mort., Os, 1895
J&J
M&8
St. L. W. & \Y.,iif, l!a9
2d mort., prof., Cs, 1895
J&J
8t.L.Vttnd.A;'r.n.-l»tM.,7s,'97..I*J
2d, end. Wash. Co., 68, 1890 J&J
M&N
2dniort., 7s, 1898
3d, end., Os, 1900
J&J
MAN
2d. 7s,>fiiar.,'98
WesfnPenu.— lat .M.,68, '93. .A&O
Diiliilh— Isl. .5-i.lii:Jl.FA-A 100
Bt. P.
Pitts. Br., lat M.. 6s, '00
I&J
8t.F.Minii.Ai .Man.— lot 78,1909 J&,l
Wheeling & L.Erie— l8t. 68, g., 1910
A&O 109% no's
2d 68. 19(J9
loo's Wilm. Columbia & Augn8ta,'Gs
M&N 109
Dak. Kxt.. 08. 1910
W11.& Weldou— S. F., 7s, g., '90 .J&J
J& J 104 loo
l8t consul. 6s, 1933
Wisconsin Cent.— 1st 8er., os, 19u9
Minn's U'n, lt,t. Os, 1922 -...JAJ 108
2il series, 7a, 1H09, If earned
BanduBky Miinsf.& N.— Ist, 78,1902 1112
Wis. Valley— Ist, 78, 1909
J&J
Bavannali Florida tfe West.—
W ore'r & Nashua— 5a, '93-'95 Var.
J&J 110 112
At. & Gulf, COU8. 73, 1897.
Koch.,
jrn.'ir..
5s.'94.A&0
Nasb.
A
JiJ
let mortsajte, 7s
S.Ga.A- Fla., 1st JJ. 78, 1S99,
Beloto VhI.— l8t,78,8lnk'gl'd..J*.J
2d nion ,7s, Rink'gld
Consol. 78. IHIO
J&J
Bhenandoan Val. Ist. 78,1909. J&J
General mort., Os, 1921
Bioitr C. &. Pac, Ist M., 03,'98.J<U
Bo. Carolina— 1st M.,6a,1920..

Railboad Stockb.

Ask,

Bid.

Wabash— (Continued)—

.FAA 107 >4 108
HO
.J&D

31

100
31
do
do
Pref.. ..100
Milwau'ceeA Northern
100
10
,,,7
58
.50
7
Mine Hill AS. H, leased
12
100
5H
.MIuneapollsA St. Louis
3'1
30
do
do
Pref... 100
128
I5i«
15%
lOo
Miss luri Kansas A Texas
115" Missouri Paoitlc
90 19 90%
100
10
6^
100
Mobile A Ohio
113
5(i
Morris A Essex, guar., 7
37
25
18
SashV Chat. A St. LoulJ
100 112 147
7038 NasUiiit A U)W«ll
103
Vowbur,' Uutohoas A Conn. ..
do
Pref
do
81
16

O'l

.Vew Jersey

121
10>
3

A N. Y

li«

Pref
Mew Jersey Southern
100
Vew Louton A Northern
.V.Y. Cent. A Huda..n River ...loo
lOO
S.Y. i;hic. A St. unils, com
Pre; 100
do
do
''0
'Ti-tnm
^ V
do.

17
211-:

85 19
4i
8

.»•

I

lu Luuiou.

i (Quotations

per

14
1"*

85 Vt

4%
H

191I

siutro.

85 •

lOO"

..

W

.

—

. .

—

.

1

QUOtIS^T^F

GENERiVL
For
Bid.

KULBOAD STOCKS.
HB. STWCK8.

86

11

11>9

A Miss
do

100

Pret. 100

100
Ohio Southern
100
Old Colony
Oregon A CaUf....l00

^o

Pref...lO0

Oregon Short Line...
Oregon Traus-Cont •
.

.

OBvego A Syr., guar.

07i«

A

LeUlgh Navigation. 50

38%

lutcr-Coatinental
.Metiopolitan

59

BONDS.

iPeoples.
iPeoples (N. E.)
iSelcnoid

101 >«

08....

107

Canton(BaU.)— £ 6s,k.,
Mort.6s,g.,1904J&J i05i4
Un. RR.lbt, cnd.,G9. 116
do 2d.end. Gs.g.M&S 110
9>s
56ifl 59
141 Ul>4 CoLCoalA Iron— l8t,68
Br.,6s... 100
Cov.ACinn.
57
Mariposa— 78, '86
:18
19
lU
10
Or. Imp. Company—
68*8 70
13=8 is's
l8t, 6s 1910, J.&D.
120
Oreg.R. A N. Ist.Os, JAJ log^e 110
l-s

175

100
100
100
Caledonia B. H....100
100
California
50
Chrysolite
100
Chollar
100
Consol. Paoitlc

100

Brush lllmninat'glOO

Delienture 78, 1884.
100
Panama
Cousol. Electric Light.
50>4 Pnllm'n Palace Car—
Pennsylvania KB. .50 Vso
Daft
3d scries, 83,'87FAA H04% 106 {Edison
IHi
Pensaoola A Atlautlo.
114
tll3%
8s,'92FAA
"^
11=8
do
4th
12
Peoria Deo. A Ev.-lOO
Illuminating..
>4
JEdison
103
Deb'nt'rc,78,'88A&0 tl03
100
Petersburg
iEaison Isolated
Stlg,7s.g..l885 AAO
60
Phlla. A Erie
pean
Euro
.on
Edi
18
3t. L. Briiltfe A Tun—
Phlla. A Reading. .50
Swan Incandescent...
120
l8t. 7e, g.. 192D.AAO •117
50
Pref
do
111. Co..
Sawyer-Mann
61
Phlla. Wllm.A Bait. 50 xdO
TUSC'LIiANEOVS
lUuited States
6
pitts. Gin. A St. L. .50
STOCKS.
United States 111. Co..
Pitta. A Con., l'«ed.50
Amer. Bank Note Co.
Pref....
do
6
4
10
TKU.STjCO.'S
I26I4 I26I4 Asplmvall Laud
Pitta. Ft. W. A C.,guar.7
10
Boston Land
STOCKS, N.ir.
2>«
2^4
PltMborg A Western..
Bii.stou Water Power
Loan A I'rust.lOO
Am.
PortSacoAPorts.lsd 6 xll3 115
2% 258 Brooklyn Irust
Brookline (Mas8.)L'd5
25
5
10
Port Royal & Augusta
Co. (Bait.). 100
Canton
.100]
Central
31>s 35
90
Ports. Gt. K. & Con lOo
Cin.H.A D.,poul ct.,gu.
Tr.25
Loan
A
Farmers'
xl2^
130
Frov. A Worc'ster.lOO
A Cin. Bridge, pf. 185
100
Ixing Island
U3 ICev.
Bens. ASaratoga. .100 143
31a
Keeloy Motor
100
.Mercantile
2
4
Blch. A AUcg., stock
1
Land
10
Maverick
Metropolitan
45
Blohmond Auanr.lOO 15
92
X.E.Mtg.Secur.lBost., x8G
N. Y. Guar. A Ind..lOO
Bloh. F. A P., com. 100
23c 50c. N. Y. Life A TrustMOO
S. Hampshire Land 25
Guar. 7.100
do
165
50
N.Y.ATex.Ld.,Lim.
100
Union
113
113>s
do
6
do
"s's"
LandscrlD
100
United States
80
Blohmond A P'b'g.lOO 76
6
No. Riv., eons. 100 p.c
18
19
Point....
Bloh.A West
20
20
Oregon Improvement.
N.T. &
Blohmond York B. A C.
70
70
Oregon Ry.AN.Co.lOO
BKS.
2=8
3
Bocheeter A Pitts. 100
55'4 55 Hi BlceokerSt.AFult.F'y
Pacific Mail SS. Co. 100
20
Borne W. A Ogd... 100 IS
lOS
Puilm'n Palace CarlOO 105
78. 1900.
mort.,
1st
100
3U
Butland
93
:90
St. Louis B'dge,l8tprcf
Broadway A 7th Av..
do Pref., 7. .100 17% 18
43
2d pref. cortincates. JdO
1st mort., 78, 1884.
10
13
9t. Joseph A Western
100
198
St. LoDis Tunnel RR..
Broadway (Bklyn.)
18
23
8t.LoulsAlt.AT.U.100
70
50
9t. Louis Transfer Co.
Brooklvn City
Pref. 100
do
Stand. Water Meter.
1st mort., 5s, 1902.
18»e 21>4 Satro Tuimel
St. I»uis ASau Fr.IOO
10
Brooklyn Crosstown.
38
41
1001
do Pref
120 125
UnlouSfkYds.&Tr.Co
1st mort., 7b, 1888.
85ifl
do Ist i>ref.l00 83
BiishwickAv. (Bklyn.)
15
COAL &. IHINING
Bt.L. Van. A 1'. II
Crosstown
Central
21'i 21>«
STOCKS, N.V.
St. Paul A Oulutb.lOO
Ist mort., 68, 1922..
72
72
Oent.Arizoua Mln.lOO
Prof. 100
do
ij
A E.Riv.
Central
Pk.N
714
78
79
Colorado Coal A 1. 100
Bt.P.Mliin. AMan.lOO

nh

.

Dunkiu
Eureka Cousol
Father De Smct
Gold Stripe

108
195
280
430
102
116

.

490
340
475

BK'KLYN
HORSE

Consol.Coalof Md.lOO

8

Homestakc Mlu'glOO
Mahoning Coal A RR

Bontb Carolina.. ..100

Marip'sa L. A.M.Cal 100

A No. Alabama
B'weet„aa.,K;d,7.100
Byr.Blng. A N. Y.lOO
8%
Summit Brunch, Pa. 50
01
Terre H. A Ind'nap.50
01
100
TexasAN. O
100 123g
Texas A PuciHc
Texas A St.L. in Texas
In .Mo. A Ark
do
lOo.
ToL Cln. A at. Louis ..
U. N.J. KR AC. Co.iOO 5193>a

do

Bo.

. . .

100
100

Union Pacilio
Utah Central

'Vt.A Ma8s..rsed.a.l00

Tloksb.

A Meridian

do

West Jersey
50
Veat Jerset- A Atlantic
Western Maryland.
WU. Columbia A Aug
Wllm. A Wcldon, 7.100
Wisoonsiu Central .
do
Pref
Worc'tcrANasbua. 100
.

CANAL BONDS.

A Delaware-

1st mort., 6s, '86 JAJ
Cbet AO.— 6«, •70.Q.-J
DeL D1V.-6S, '98.JAJ
Del. A H.— 7s. '91 JAJ

litext., 1891..

Conn.

78.

MAN

1894. AAO

Pb D.cp .7R.MA8
LeL.N
"IJQ-J
1st

BH

T.Q-F
i.\rAa

coii
6»,g...

i'

-vi-

.

OOIIS..M..19U

12d>4

K7J4D
7sJAD

5"2

130
83

Adams

128%
1

]

1898

TEL'PII STOCKS
AND BONDS.
American Tel. A Cable
Amerii'un Ripid
Atlantic A l'aeitic..25
Bank's A Mcrch't8.l00

Ist mort., 7r, 1893..
iHoust.W.St.&Pav. F'y
1st mart., 78, 1894..
Second Avenue

110

I

Navaio
Ophir

...

A Sllv.lOO

.05

"l'75
.25
•80

•60

•23 •30
•50
•80

•55

200

100
10

,

100

Potosi

Rappahauock
Red Elephant

485

Robinsou Consol..

1

10
50

100
50

3ierraNevada

•50

•35

•70
•05

1

100
100

Standard
anion Consol

•70

•57
1-65

BOSTON nilNING
STOCKS.^

25
25

Allouez
Atlantic

50c.

6

5

.

STOCKS.

1131a

1

51

Mexican G.

•90

400

Brunsw'k Antimony.
Calumet & Hecla. .25 xiil' 142
240. 260.
10
Catalpa Silver
25
Central
50
Copper Falls
514
25
Franklin
20
Harsliaw Silver
1211a Huron
50c. 75c
25
137
25
Minnesota
116
25
National
191
81s
25
Osceola
1161s Pewabio
% ll
25
105
26
25
251s
Quincy
265
25
Ridge
IO5I3 Silver Islet
25
260
3uUlvan(Mo.)Silver 10
117
151
mANDFACT'lNG

I

100 125
i.nc.
100 60
193>« Amerioan
100 18
United States
453a'
Wells, Fargo & Co. 100 107
100

EXPRESS ST'CKS

Pi*,t.'<

165
112
167
160
1121s
142

Eighth Avenue

30

pref..

Little

3(i0

220
112

Scrip 6e, 1914
i42d& Grand St. F'y..

20

do

1208

120
130
505

218

Ist M., consol.7e, '93
Scrip 63, 1914

Ontario Sil.Min'g. 100
Pennsylvania Coal. 50 210
3
Quicksilver Mlu'g.lOO

107
125

103% 104

DryDk.E.B.A Hattery

pref. 100
Coal.... 100

MO

300'
450

25

A

78,

112

ill2l2
169ifltl71

—

Bonds,

100
Gould A Curry 8. .100
10
Green Mountain
Hale A Norcross. .100
100
Independence
20
Iron Silver
10
Licrosso
10
Lead ville Consol
50
Little Chief

Spring Valley

Cousol. M., 7s, 1902.
10th St.
9>4 Christopher

New Central Oo.al

I

.

pref...

Virginia Midland, com.
Wall. St. L. A Pac. 100
do
Pref. 100
W»rr'n(NJ.),l's'd,7.50
Weateh. A PhUa.,pr.50

Cheaap.

45 >8

Maryland

9'4

100
100

..

Bilver Cliff

.

Beab'dA RoanokelOO
Ouar-.lOO
do

100

Goodshaw

.

—

.90

.

Crown Point

I

1

75

Consol. Virginia. .100

'

Boloto Valley

100

Bassick
Bechtel

Bulwor

Baxter
iBiusU

Barcelona

Bodie

EI.ECTBIC

!

Amie

Belle Isle

LIGHT STOCKS.

I

100
10

Alta Montana
1-50

100

10
iTropical
W. LTelegr. ATele.lO

—

Ask.

GOLD A SILVER

ISouthernBell
Isoutliern N. England.

17 !»

I

IH

Y. State Overland.

iN.

ffllSC'tl-ANKOCS
Gas Light

100

Mexican
Mexican Central.

50
Pennsylvania
50
ScUuylldll Nav
do pref. 50
do
50
Susquohatina

Bait.

..-

Hudson River

i3S>2

.

Globe

68

Morrts,guar.,4....100
do pf.,gnar.l0..100

39>6

iniNING STOCKS^
(N. Y. A SAN. FRAN.)

Eiio

CANAL STOCKS

100
Hudson
Del.
Del. DlT. leased, 8...

165
10

New England
Sew YorK A N. J
New York A Penn

...

Dolbear
East Xonnessce

7b, coup., 1902.. JAJ

16^

.

39
Prof. 100
Horw.& Worcester. 100 xl62
8
Ogd. A L- Cbamii.lcO;
100
Uhlo Central

Molecular

iCiinicrTel. Bell

78,bt&car,19ir>MAN
8U8Q.— 69,cp.,l!)18J&J

118

. .

Manhattan, N.Y... 50
Metropolitan, N.Y.IOO
100
Municipal
Mutualof N. Y....100
New York, N.Y.... 100
N. Orleans G. L. ..100
Portland, Mo., G.L. 50
50
3t. Louis G. L
Laclede, St. Louis. 100
Oarondelet.St.Louis 50
San Francisco G.L
Wash'ton City G.'L.20

.

Continental

68,btAcar,1913MAN

01>fl

do

STOCKS.

Mort. 6s,cp.,'95JAJ
68,lmp.,cp.,'80MA>.

12>4
H.T.AN.EnsIunil.lOO
175
H.Y.N U.&IIarU.lCO 175
ll>«
H.Y.Ont.4Woi!t..lOO
Pref.
do
M, Y. Penn. & Oliio
yret.
do
B.Y. Prov. & Bost.lOO
2
K.Y. Snsq. & Western.
iT^f.
do
i
BK.Y. West Shore &
15
Mort .& W08t„ com 100
22
vref.lOO
do

Ho. Pemi.sylTanla..50
Horthem Central ... 50
Hortb'n N. Hump. 100 117
16
Hortli'n Pac, com 100

TEI.EPHONE

2dM.,6s,1907..J&J

Bid.

Miscellaneous.

Jersey C.& Hobok'n 20 135
80
People's, Jersey C
fxmisville G. L
50
Centralof N. Y
Eciuitabic, N. Y
.50
Harlem, N. Y

100
American Bell
Amer. Speaking... 100
Blanchard
100
Colombia A Pan

103^

lstM.,6s, I897.q-M

83>s

BONDS-Conttnuep.

MiSCELLANROnS.

"ii

86

1910

AND

Head_ofgirrt

Ask

Bid.

Miscellaneous.

Ask.

Penn.— lis. coup.,
Schuylkill Nav.-

CONTI.NUKD.
H.Y.L.*:W.,KUar.5.100
H.Y.l..Erlei West.lOO
rref.lOO
do

STOCKS

Biplanatlon. See Note» at

5.

[Vol. XL.

THE CHRONICLE.

26

Ohio

.

190
Am. Linen (Fall Riv.)
100 101
101 Is Amory (N. H.)

Sdraort., 78, 1885...
Cousol. 78, 1888
Sixth Avenue
1st mort., 7s, 1890..

106

Amoskeag

(N.H.) 1000

(

Barnaby

Ist mort., 78, 1890..
51Ja Twenty-Third St
2
Ist mort, 78, 1893..

.

(Fall Riv.)
(F. B.).
.

102

X1895 1900

Androscog'u (Me.). 100 xlOS
Applcton Mass.) 1000
Atlantic (Ma.ss.)... 100

Third Avenue

600

100

112
1050
104
100

Barnard Mfg.

95

100 xl05 110
Batc8(Me.)
5
Boott Cot. (Mass.)lOOO 1500 1510
45
55
110
12
Border City Mf e. (F.R.)
4
G.VS STOCKS.
2H!
95
Bait. Consol. Gas
Boston Co.(»Ia8's.)1000 916" 950
821a 84
1 St mortgage
7'*
General morlgago.
SH Boston Gaslight... 500 740 745 Boston Belting.... 100 1481a 149
860
25
33
25
East Boston
Baltimoi-e A Ohio
331a Bost. Duck (Mass.)700 830
90
100 1091a' 110
100
South Boston
Chaco (Fall Riv.) .100
38>a
Cent. A 80. Am. Cable
120
115
xl03
100
-.100
Coinint-rcial Tel. Co...
Brookline,
Mass...
104
Chicoi)ee(Ma.S8.)
15
Preferred
Cocheco (N.H.).. ..500 475 480
Cambridge, Mass.. 100 145 147
91H! 120
B'8
33
100 100 101
Frankliu
100 25
CoUinsCo. (Conn.). .10
Chelsea, Mass
70
11
65
U'4 Gold A Stock
25 73
80
103
Continental (Me.). 100
Dorchester, Mass. .100 102
75
18
Bonds
100
131
20
Pl'n,MaS8l00
Mills
(F.
R.)
100
98
Jamaica
13l>a Cres't
90
08
1
e8>s Harlem Dist. Tel. Co
Crystal Spr. B1.(F.R.).
21s Lawrence, Mass. ..100 I30ia'l31
45
Iniernat'l Ocean. .100
100 170 1172
Lowell
Mills
(F.
R.)
100
Davol
85
Manhattan Telegrapli
20 jiLyiin,Ma88.,0. L..100 86
87
10
Dougl's Axe (Mass) 100 xS's
550
x340
Moxic.iu
..100
.100
95
ilOO
138
Malil.
Melrose.
..500
A
Dwight (Malss.)-.
,
88
82
85
Mutual Union
100
itfewtonA Watn ..100 124 12
Everett (Mass.). ..100
16
22
per cent boU'ls ...
100 101% 102
OB'S 67
ISalem, Mass
Fall Riv. Iron W. .100
N. Y. Mutual Un. Tel.
10
25 128 130
55
Brooklyn, L. 1
F. R. Machine Co.. 100
113
Tru«t eertitlcates...
1213
88
jCitizens', Brooklyn. 20
90
F. R. Merino Co... 100
80
N.A3.T1I.C0. 1st ni.l)'d«
93
Metropolitan, B'klyn.
95
Flint Mills (F. R.) 100
99
iV«'
Posi al Tilepiaph 100
5
120
97
Nassau, Brooklyn ..25 116
Franklin (Me.).... 100
105
133
Bonds, iHt 63
80
28
32
Peojilc's, Brooklyn 10
83
Gl'boY.Mills(F.R.)100
Po.stal Tel. A Cable Co
104%] 105
140
8
WiUiamsb'g, B'klyn 50 135
Granite (F.R.)
1000
51s
115
116
So. Tel., 1st mort. i)'ds
17
18>3 Charlest'n,S.C.,Uas.25
18
Great Falls (N. H.)100 621a 63
110 ....
South'u A Allantlc.'2,5
55
65
Clilcago G.A Coke. IOC 130
135
Hamiltou (Mass.) 1000 740 750
100 110
190
Western Union
100 54I6 5438 Ciuciunati G. A Coke
180 181
H.artt. Carpet (Ct.)lOO 185
'lisis
80
78, lOiO, M.
107
29
Hartford, Ct., G. L..25
32
Hill (Me)
100 75
12>s

.

I

I

\

(nft^A* Price nomiuRl; no late transactions.

.

'

.

.

.

.

AN
t

PuroUftscr also pays accrued Interest,

J

In London.

5

Quotation per share"

:

.

Jancaky

:

THE CHRONICLE

1880.]

3,

uw

;!;

c

s

t

ut

tu c

NetearilngnC.
I'roflton A. T.

C.

2
1R8J-93.
$27»,07.j

&A

&0.

1811-84.

»18l,7ai

302

Icaiw

AND

|utijni0cncc.

ilailroitd

Total
rnterer-tondoiitlngdobt

The iNVKSTOBfl' SUPPLEMBUT cotitains a complete exhib it of th e

and Bonds

Cities and of the Stockx

Funded Debt of States and
of Knilrotids and other Companies. It is published on the
III
"!/ of every other month—^z., Fehniary, April,

i.u, Octohur and December, and is furnished wilhcharge to all regular subss^ibers of the Chronicle.
Extra cdpkx are sold to siihsuribers of the Chobnicle at 50
cents eaiih, and to others than subscribers at $1 per copy.

Jv

tyiu

;<;

f.

Interest ";i rindiddelit
Intercot on AllKlI^til Oity

on Chester A IrfiMoir
liOtis on ('heraw lb Chester
Lo»»on A.T. AO. RR
1.088

80, 1884.)

The following abstract of the report of this company is made
up from the report suVjinittod to the New York State authorities:

Capitm stock paid
Fuuflod

iu

10,00 J.owi

.*

70,00'>,<nio

ilclit

Unfaiiilctl ilcbt
i'pni of iTuil >uKl t-c|ui^iiueut

,

;...........
>....»•

"i-»eiiBnracarrleil
1U9 or freight carried

—

^

...
j..

.i

O.HHO.dSi
99,027,1. ]
1,S60,00S

oin p«s«enOTra
i.im frclcUt

Kipiess
Rimts

,
,....,...^,
,
„.,... „;...;w.....'. J.,... .,..;... ...p.
...'...'

MiacclliHicovig

...'..

$2I<M2S

356,1'.^

2,()iU,rirl
41i),(i78
T.Stti

,

$ i.ti!)3.3(;o
year

I lie

3,71

1,0-.:.)

Xolc.—Ot the al)Ove the gross earniugs and exnensos under the
celvrrp, tioiu

Juno 10

to Sept, 30, 18il,

were

ivs

r.:-

follows

$',207.9Sl

Earnings
Expenses

1

21.i,7J0

Charlotte Columbia & Augusta.
(For the year ending September 30, 1884.)
The annual report of the President, Mr. A. C. Haskell, says
" The result of the year's oiieraiions is a loss of $74,684, but
the condition of the property has been improved by new steel
rail on twenty-tive miles of the main lino, in place of worn-out
iron roil, and by betterments on all thole ised lines. Our traffic
has also been well sustained, and is steadily increasing for,
notwithbtanding the great reduction in the colton crop, whicli
is the staple product of the territory which we serve, and the
accomjKioying decline in trade, we have carried 5 2-10 per cent
more freight than in the pre<»ding year, which was one of
marked prosperity. The decUne ui revenue from frei'.;ht is
This reduction in earui gs is
164,885. or 11 6-10 per cent.
caused to a large extent by the system of rates which has been
established by tlio Railroad Commissioners, and is due iosoin
:

;

•

We

extent to the character of the freight hauled.
still tliinU
that we could serve the public better and make more money
if we were let alone to manage our business and adjust our
rates by the same laws which govern all others engaged in
trade.''

*

*

*

&

'•The Chester
Lenoir Nariow Gauge Railroa*! (leased) has
been completed, opening up to us a wide and rich territory in
the heart of the Blue Ridge country, furnishing an increiise of
tra^ el and of traffic which will materially improve the value
of the Hoe."
Tlie traffic on tlie line owned was as follows
PasseDKcrs rarritd
Pawi-nier rnilifi.

106,Sll

TouKfreljiht cauiucl
Ton mile«

The earnings

1.5

F^s^gllt

Pasaage
Mall,tto

,754

14, M»

-l,120.!tSl

5.9 ..5.910

1TS.187

199,-.J74

20.', 731!

14,6J5,151

14,S.')l,CiH

13,s97,:j.ll

for tlie year

1883-81.
151,351

1882-83.

lS8:-82.

Balance

i:xi>eui-e«

„

,

N.t eaiulcgs

8iir.

$3,563

Loss $74,684

Atlantic & Pac'flc— This company's sale of 1,000,000 acre*
Cattle Ci. is rumore(l
of grazing land to the Aztec Lsnd
The land transferred is located in
to be at .50 cents per acre.
Central Arizona, and extends along the south side of the railroad for about l.iO miles. Its sale will give the company Buch»
funds as it requires for its immediate needs, and the January
interest on its first mortgage bonds, amounting to $480,000,

&

will be

promptly paid.

The Boston

:

Anthracite Coal Combuiation.—The coal combination waa>.
meeting of the represents tiveeperfected 011 Wednesday.
of the anthracite coal-producing companies was held at the
ollice of the Pennsylvania Coal Company in New York.
report was made by George A. Hoyt of tlie Pcjiinsylvania Coal
Reading
Com))any, Franklin B. iJowen of the Philadelphia
Navigation
Il;ulroa<l, and Joseph Harris of th-? Lehigh Coal
Company, who composed the committee appointed to recommenil percentages of the amount to be mined by tlie various
companies in a total estimated output of 30,000,000 tons for
the y' ar 1885. The discussion by the meeting resulted in
changes which left the piTcentagos finally agreed upon as follows:

were as follows on the

5.8

I

line owned:
18'3-8I.
$llS,27r.

1881-82.
.$i90.Ui3
17V, --97

$475,0.7
H)!,Ui7

33,5(55

3I,'J67

33.17J

$801.(125

$62".8.5i

419,G32

9702,'!4i
4i:),7t8

$181,993

?279,073

S181,7(il

1832-';3.

J';9,ii(i

A

&

4IU,0!).'

3885

Phtla. A; Reading
i.ebigh Valley
Del. Lack.A Western

lytiO
16-03

1100

Del.&IIiidsun
Total

I
I

I

&

Ponn. Railroad
Feun. Coal Co

SOO-

ErieRailway

1-50:

500

|

ICO-OO-

-.

The agreement was

with the single exception of
the indorsement of the Pennsylvania Railroad, whose representative was not empowered to execute for his company.
He, however, personally concurred in the plan. The agreement continues frjui Jan. 1, 1885, to April 1, 1S86. There are,
no penalties for its enforcement. The arrangement is a simWhile each company
ple agreement among the companies.
IS restricted as to its output, it is allowed to mike sales at
whatever prices it sees fit. The only restriction is in the
monthly production. The amount determined on to be mined
in January and February is 1,.500,000 tons for each month.
In making up the percentages of the companie?, neither
iheir capacity to produce nor the amount actually produced
was alone used as a guide. The members of the special committee figured out percentages according to th-ir ideas. The
Mr. (Jowen
largest coal producing company is ths Reading.
named 40-.50 for its percentage, hut yielded 1 -65. Concessionswere made generally by all the companies.
Mr.

was

per.'eoted

said, after the ineetins;, thit the arrangement
It would result in fewertill the companies.

Go wen

satisfactory to

being worked, but they would be worked on ful8
Mr. E. H. Mcad»
time, instead of reduced time as her-tofore.
Treasurer of the Pennsylvania Coal Company, said the averageprice of coal was 33 cents a ton lower in 1884 than in 1888.
Jones" news letter on January 3 said: "Weave able toIt was agreediiive f-esh paraculais of the coal coinbin ition.
that tonniige should be .uined as f> 'Hows: January, 1. .500, 000Febmarv, 1,500,0(10: March, 1,800,000; April, 3,400,000; May,
J.40O,O0(): June. 2..500.00O: Julv, 3,800,000: August, 3 3.50,000;
September. 3,330,000; Goto er, 3,3.50,000: November, 8,250,000:
collierie.^

—Dow &

u -nd)er,

3, 100,000. This amount may be changed any month,
Ncx-tnent of a committee of one from each company.
^ are provided for viola io sacd no ptpers weresigned.
nji ^ .i.veni-nce we j<ive the percentages awarded ami the peroentages mined in the last four years
I

Total

$256,448
Loaa $74,03^

2'J,CS1

A

$3.G(j 1 ,2i» 4

'.

Total
Detiiieuc.v fur

$.13,247

Saturday. One-half of the proposed ?1, 01)0.000 of capital has
been paid in. Tlie land which they have secured is said to be
well watered, and in all resj)ects as well adapted to grazing ati;
any in the Southwest. If their ex])ectation8 are realized they
will contribute not a iittle to the business of the road.''

rttARUES AOAISST HARNIHGS.

Hlscellaueuus

Sur.

$077,176
I,ai4,00u
;:4.H7
397,0S5
$2,97,',3ai

Total.

Transporlalioii expenses
Intert'st (eliarged bumot all paid)
ToruilnHl reins

7,000
29,137
16,812
3,^6>

"The Aztec Land and Cattle
Ado.-rti.ter says
Company is composed of New York and Boston capitalists,
who have not yet forraaby organized, but will do so next-

.....'

1.

175.210

8i's),^3j

KARNINCS.
I

$2.^,193

175,210
7,000
31,142

GENERAL INVESTMENT NEWS.

Buffalo.

{For the year ending Sept.

$181,764

$19.:i(J5

13.41'>

Balance
Oongtmitlou

ANNUAL REPpRTS.
New York West Shore &

;

bond*

$279,37<1

.

:

Thf> result of the operations of

the lea8(jd lines

w^<

re as

Per C
.4

Al 7enn. ^Okio.
....
'.

peases..

$51,1:39

29,804

(JkenteritLtn.
*5(;,712.
66,0;:7

CAe.itC/iei-

$33 45"

Re^(li:_

39,&,^:

niia

.

iid....

Net earniusjs...
ReniMl

Flou;m;{debl

$(JS.'>

$t^ny..

$2',Bt2

$10,247

piild

Total cburge^.
Oellcit

?21,4?5

,

$25,000
$3,565

$2!),821
$•29,136

:

$10,247
tit$10,349

The general statement of the income acccttnt was as
lows

;

tit

I'cr Cei-l

H7U) (ttll. I<isl \

UID

,ib-e5

-

.19-.0

20-14
16-26

1803
.11-

•

ffr Cent Per

I

J wiirtlert.

I

8-

Ph. Railrond

P*Coal
Erie

.

.5l-:0

Ciiii
last 4 vr».
'?-.i3

4.07
1-33

t'.-23

Boston & Ma! lie -Eastern.— The Boston Adcertl er says:
f.ie lease of the Kaste»n to the' Boston & Maine went
into effect, an-l the officials have fi ini'l out the full extent of
pir undertaking, the i)rospect appears even more enC' iirag" Since
t.

'

fol-

teprtsented by the niort sanguine advocate of
was u ider consideration. The Itist annnal
ihe grcss earnings as follows:
'e it

.1,, ....;.„.

,

M

.

THE CHRONICLE.

28

$3 ,571.594

Eaftern
Boaton it Mains.

3 ,001,80a

it is

[Vol. XL.

meet

alleged, to

its

floating indebtedness

New York Lake Erie & Western.— In reference to the Car
Trust of New York, it is stated that the committee representing the Philadelphia certificate holders had an inrerview with
$2,307.S80
2,00C,34k— $1 323.935 a commitiee of the Erie Railway directors.
The proposal
made was to fund series C, D, E, F and G into thirty-five year
$2 249,462
bonds, with a sinking fund provision beginning after five
$218,130
The bonds exchanged for the older Car Trust series are
- 308 ,4.') 5 years.
90,125
to bear four per cent interest, some of the others tliree and onecent for the newer series. The
*^ 941,007 half per cent, with but three per
•••:;
committee objected to these terms. Forty per cent of series
under the provisions ot the
C certificatt s have been retu-ed.
$6,573,397

Total

The operating expenses

are:

Ea»t«ni.!7r......:....

BoMon & Maine

'""*'*

r.£?S™""

"'!^.T.

Boatoni Maine
]>ariDKa balance of
Net earnlnK-t to l>o disposed

ol

—

$340,452

To Boot on A Mulne for dividends
Kastorn. Blnkinctand

Boston

ii

and maturing

interest.

Maiiir, 1

percent

Showing a balanoo Of

(9

per cent).

630,000
ICO.IXJO

70,000—

800,000
$40,452

"There will be a large saving in expenses from the operation
of both roads by one management. This will arise from the
absence of competition for freight and passengers, which has,
in spite of agreements for pooling, &c., cost both roads large
sums; also from discontinuance of trains not needed for the
bueiness, and from a reduction of a number of salaried officers
and agents. It is estimated that this item will amount to
fSOO.OOO a year. Then there will be permanent improvements,
to b© paid for with the proceeds of improvement bonds. Based
upon the cost of such work last year, this item will add to the
value of the property not less than |200,000 a year. Adding
to these items the interest accruing to the Eastprn under the
lease, |855,C54 91, the payment to the sinking fund of |100,000, and the balance of rental stipulated, $336,000, there is an
aggregate of $1,291,554 91, which is more than the total of interest on the Eastern's debt and 6 per cent on its preferred and

common

New York & New England. At a meeting of the
New England
representatives
the New York
of
Railroad and of the car trust bondholders, a proposition
of the Finance Committee to scale the floating debt and
It was
car trust bonds and fund them was received.
proposed to offer to the car trust bondholders 6 per cent second mortgage bonds, which are claimed to be better security
than their present bonds, provided they will waive one-half
the interest for ten years; that is, surrender their bonds and the

&

equipment and take second mortgage bonds

at par, stamped
to 3 per cent for ten years. Mr. CI rk eslimated the net
earnings for the last three months of 1884 at $159,000. The
road earned $104,000 net in October, and it is understood that
the net earnings for November are over $80,000.
December
will also show net earnings in contrast with a deficit of
$100,000 in 1883.
The managers of the New England car trust afterwards
voted not to accept the proposition above stated.
comparative statement of earnings and operating expenses of the New York
New England Railroad for November, and for eleven months, in 1884 and 1883, makes the
following exhibit:
Nov.
Jan. 1 to Nov. 30
,
lf<83.
1884.
1884.
18S3.
$t 10,092
Gross earnings
$254,420
$3,007,922
$3,411,835
OperatluK expenses 186,117
267,909
2,32.5.541
2,785,185

down

—A

&

,

,

.

.

stock.

"But under the terms

of the lease no dividends will be paid
until the certificates of indebtednes.s are reduced to $10,000,000. Tlien after paying $100,000 annually to the sinking fund,
the profits will be divided among the stockholders. Practically their dividends begin now, because they are paying the
debt. There is no denying that this is better fortune than
most of them expected, but the figures are from trustworthy
sources, and the officers of the consolidated roads think that
even better results than the foregoing estimates will be realized."

Net earnings

$68,^03

$4?,183

$682,381
$626,650
advertises in Lon-

New York Fenn. & Ohio.—This company
don that the coupons due Jan.
will be paid

1 on the first mortgage bonds
wholly in deferred warrants.

&

N. Y. Stock E.vchange.— ALBi\.NY
Susquehanna.— Application lias been made to the Stock Exchange by this company
to have $3,000,000 of new 6 per cent bonds placed on the regular list.
This will make the total issue of bonds $5,000,000.

Milwaukee Lake Shore & Western.— This company
Colnmhns & Hocking Valley Coal &
Iron Co.—This
company (not the C. & H. V. Railroad Co.) has requested its asks to have new bonds to the amount of $1,.500,000 listed.

bondholders not to present their coupons till after the January These new bonds are to be known as the Michigan division 6
meeting of the directors, when provisions will be made to pay per cent first mortg.age bonds. They are date June 20, 1884,
them. They claim that the extraordinary expenses at the and are payable July 1, 1934. The Central Trust Conspany
opening of the strike is the cause of the delay, and only as trustees authorized the issue of $3,000,000 of bonds as fast
recently have the receipts been sufficient to pay these extra as the road was built. The same Company has also applied to
expenses and the interest on their bonds. They have about have $3,000,000 consolidated first mortgage 6 per cent coupon
$5,000,000 in bonds on the marketi but the most of them are bonds placed on the regular list.
owned by the original incorporators.
Pittsburg Foet Wayne & Chicaoo.— The Governors of the
DenTer & New Orleans— Missonri Paciflc— A press dis- Stock Exchange admitted to dealings at the Board after Janjjatch from Denver, Col., Dec. 22, said: " A project for forming uary 5. 1835, the following
Pittsburg Fort Wnyne and Chianother through line from the Missouri River to the West has cago Railway Company, an additional $1,226,555 of guaranteed
been made public here by the filing of the incorporation papers special stock, making the total of that class of stock up to
of the JDenver & New Orleans and Missouri Pacific Railway $9,036,555 which has been issued to the Pennsylvania ComCk>mpanies. It is proposed to form a junction of the lines of pany in payment of betterments on the line since it^ lease, and
these two companies. A branch of the Missouri Pacific now which remains a single track line of 469 miles, with a total
«itends West as far as Wichita, Kan., and this branch is to be capital stock of $39,340,786 and a funded debt of $13,500,000,
e ^tended through the Southern tier of counties of Kansas to ttie dividend (7 per cent) and interest on which is guaranteed
the Colorado .State Line, and at that point will connect with by the Pennsylvania Railroad Company.
the extension of the Denver and New Orleans Railway. The
New York Susquehanna & TVeitern.- In regard to the prolatter road is now completed South from Denver to
Pueblo
and the comiiany has contracts made to extend their lines posal of this company to pay one-half of the Janutry and a
few succeeding coupons in cash and to fund the ( ther half,
South to make connections with the New Orleans line at
Mr. Fred. A. Potts said that the directors and tht»ir friends
Truiidad, 75 miles South of Pueblo. It is proposed also to
e.xwho vote upon $1,.500,000 of the bonds have consented to
tend a branch eastward to connect with the western branch
fund
their coupons. They prefer to do this rather than borrow
of the Missouri Paciflc. The distance by such a line from
th- the money for the payment of car tru-its.
because the cars
Miasoun River to Denver will be only a little greater than by
come under the lien of the mortgage as fast as they are paid
the Santa Fe Road. It will open a valuable country.
The for. It is better for the interest of the bondholders
that the
I>irectore of the new company are John Evans,
Cyrus
money should be raised and paid by them than that the directJisher, David H. Molfatt, William Bard, S. H.
Elder J s" ors should borrow the
money.
Brown, George Fritch and Charles B. Kountze of Denver,
Norfolk & Western.-Thisrailroadcompanynotifiesholders
Jav Gould and Russell Sage of New York. The capital knd
stock
of 1st and 2d preferred consolidated mortgage bonds of South
Is *3,0<JO,000, divided into 30,000 shares of
$100 each.*^
b.de Railroad Company, maturing Jan 1, 1885, that they will
LonlHTllle & Nashvijle.-The gross and net earnings
of be entitled to have the time for
thw company for November and for five months, in 1884
payment tuer-of extended
and
until July 1, 1900, with interest at 6 per cent, provided
IQoo, were as follows:
they
ioin in the agreement so to extend and
Orou eamingt.deliver their bond to
Ifel tamings.Nortolk
18M4.
Western
&
1H83.
Company in order to be stamped according
1884.
1883.
Jn'r
»i,oc.o,ioi $1,124,776
$435,233
$ 137,760 to terms of agreement. The bonds will be extended with couAogoat
1.117.313
1,251,127
482,!»>-.2
pons
531,984
attached.
Bonds
not presented will be purchased at
Beptemtier
l,U5.-i66
l,:i3»,179
477.631
570.74
Ootober
maturity at par at the office of Messrs. Drexel &
1.2Hl,71t
1.501,465
592.90»
Co., Philadel701,303
Movember
l,llh>,.'>96
who
phia,
have
1,307,394
agreed
622,607
to
buy and extend the same.
53.'i,62:
The statement of earnings and expenses for November and for
TotalSmos
$3,914,093 $8,521,911 $2,565,935
i

:

W

$2,7»0,41S

St- I'Onls.-Judge Orrshim, in
the
TT]h?2l'J."i* ^.T^ns^H'* *
Circuit Court of Illinois, has appointed
Gewge F
Evans, the Genera Manager as temporary
receiver of Louis^le Eva.,sville St. I^ouis Itailro.ad, on application
of IsaacT
Burr of B.«ton, who alleges that there are two
first
aggregating $3,iK)0.000, a 2d mortgage of
$1,000 000 andJiincome mortgage of $3,000,000. Capital sto^k
$6,000 000 and
floating indeutednew $500,000. The
company will be unaWe

F^i^ ^^i

&

morS^

11 montlis,

m 1883 and 1884,
.

arossearnlnffs

Expenses
Netearnlnirs

is as follows
Novtmber.
^
r-Jan.
:

18S4.

188a.

$241,809
129,741

$271 177

$115,063

$128,622

14'^„=>5i

1 to Not. 30, 11 moi.->
1881.
1833.
$2,464,1)49
$2,579,923
1,38:),370
1,362,808

$1,078,679

$1,217,114

Northern Pacific Company had on
h»^7T'"'''°^A^^SL^*'«TTi'®
hand
June 30 1884, $4,143,000 second mortgage fionds out of
an authorized issue of $20,000,000, The syndicate
which took

:

j

.

January

8,

THE CH RON [CLE.

1885.J

29
=IS

5 per cent commuHiion in lx>ndg, had an
extended option on |3,(K)(I,00'J at the samu price and commisIt id understood that tliu syndicate litis tilcfn tlies
sion.
bonds, and tint i|l,.'500,000 of tiiem were sold to t'le Berlin
Jonns News Letter, leave.s tlic
Bink. Tnis, s lys tlie Dow

t^l5,000,000 at

and

87,1.^

-

&

of the bomls and the company witli
Tlie Transcript says
"Tliis negotia-

syniicatc with

<!l,f)ri(),00l)

$993,000 of

bonds.

tlie

:

tion frees Northern Pacilic from all floitinp: indebtodiie.s.s,
and leaves it witli :|!300,0()0 wortli of supplies and materials on
band, f 1,200,000 2nd mortgage Irands and $r)0(),0<)0 1st mortgage bonds to come from completion next month of Asliland
Division."'

company has ordered

Tlie

the contractors to push the

work

Six miles of iron
line lH,'tween Asliland and Superior.
remain to be laid and two bridges to be completed before the
link of the two ends of the track can be connected. Tlio entire
lino between .\8liland and Superior was to be completed and
in running order by January 1.

on

tlie

The three United States Railroad Commissioners, Messrs.
Wheeler, McDonald and Langdon, who were appointed by
President Arthur to inspect the completed section on the Cascade Division, have examined and accepted tliat portion of tlie
In a few days a section will be completed on tlie
road.
Yakima branch and will then be inspected.
—Tlie gross and net earnings for five months of the fiscal
years 1884-85 and 188;i-4 (by months) are as below; in net earnings as shown, rentals and taxes have been deducted:
Ornn tamingt.-

,

$1.02-.',438
l,o^2.';o2

AUKiiKt.
8cptciiil)cr.

1,'>36.560

OetoLcr

1.461.511
l,Ufi,379

November
Totnl5ino9.

$5,86.', 490

Pacific Mail Co.

-Xel eartiings.-

1883.
$"50,22?,

1884.

July

1883.
$216,(>08

I,043,fi24

391.;<,'J4

1,194,711
1,397,222
1,276,0.2

4r>0,221
71I.3f>4

were the theme of general discussion amo/ g the corporation's employe.s.

Orders have been issued that twenty-one collieries of the
Philadelphia
Reading Coal
Iron Company shall not
resume work on Jan. 1. How long these collieries, which are
among the least profitable of the seventy owne I by the oomnany, will remain idle, will depend on circumst:ince-i. Ganeral
Manager Whiting said to-day: "This more.nent is not aa
indication that the collieries named will b < suspended in ielinately, even if the allotment systf^m is ad )jted.
have
some mines which have not been shipping for soai'> timj, but
have been preparing for next sum^ner's work. If the allotment system is adopted some of the collieries will undoubtedly
be suspended indefinitely."

We

&

Eochc-tcr & Pittsbnrg.—-Messrs. Walstan H. Brown
Bros, have announced that subscriptions to tiie full amount of
11,000,000 have been recaived under the nplan of reorganization of the Rochester
Pittsburg Railroad.
This, it is
believed, insures the success of the plan.

$2,624,010

$2,325,837

— Reports state that the Pacific Mail

w

&

Richmond & West Point Terminal Co.— Holders of the
$3,000,000 trust loan notes are requested to present them to the
Central Trust Company, and the principal and interest will be
paid on and after January 3. The new trust certificates of the
Richmond & West Point Terminal Co. have two years to run,
and will bear interest at the rate of 7 per cent. The statement
that this loan is an extension of one for a similar amount
which matured January 1, is erroneous, although in some instances holders subscribed to the new issue.

Rome Watertown & Ogdcnsbnrg.— The
gross
fiscal

546,210

$5,761,805

&

&

and net earnings for October, the

following were
month of the

first

year:

Gms9 earnings
Operatiug expeuses

Com-

Net earnings...
pany has on hand ijl,2.")0,000. Its deposit of about $7.50,000 to Add rents
clear up tlie Panama Railroad loan will leave it with about
Net total
^500,000 ciish, and one month's earnings to come in before the Deducttaxes
next dividend is declared.

—

1SR4.

1883.

$175,621
97,342

$167,752
9J,489

$7,869
4.852

$78,279
642

$75,2(i2

$3,016

561

80

$73,921
7,818

$75,824

$3, 096

$71,103

$68,006

Inereate.

7,818

$3,096
A press dispatch from Raleigh, N. C, Dec. 30,
railroad operated from Petersburg to Weldon, and
Snntliern Pacific. The official earnings and expenses in
known aa the Petersburg Railroad, has been purchased by the the month of September,
and for nine months, were as follows:
syndicate who control the Atlantic Coast Line. This newly1884.
Uj83.
.
purchased road now forms a part of the Atlantic Coast Line,
SepUmher.
GrosD.
Net.
Orugs.
Net.
whicli controls a continuous line of railroad from Richmond So.Piic. if Cilifornia... $3.i4.952 $13-.,6ti3
$«<.737
$110,014
65,3(i0
150.010
127,374
69.398
to Charleston and from Richmond to Columbia. Since the S.).Pac., North Uiv'n...
Piic. of Arizona ..
84,-03
148,«90
201,4.8
96,266
Petersburg road was purchased there has been a re-organiza- So.
8o. Pac. of New Mexico.
63,392
37,503
70,501
3S,2:il
tion of the officers."
Jan. 1 to fSepl. 30.
Philadelphia & Reading.— The so-called Bondholders So. Pac.ot Caiifiiriiia... $2,674,629 $953,493 $3,114,281 $1,366,274
9Ho,3l5
472,484
Committee, recently appointed to look into the affairs of the 8o. PrtcNortli Div'u... 1,069,907 (47,9. i7
8o. Pac. of Ailzimn
1,365,967
733,188
1,887,647
1,160,644
Reading Railroad Company, have held meet- So. Pao. of New
Philadelphia
Mexico.
510,717
249,135
602,480
325,359
ings and appointed the following sub-committee
A. J.
Antelo, Samuel R. Shipley, John Wanamaker, Charles B.
Sonthern Telegraph. A. L. Boulware of Richmond has
Wright and B. B. Comegys.
been appointed receiver for the Southern Telegraph Company
schedules
issued
by
The
the receivers on Saturday, cutting by Judges Hughes and Bond of the United Statts Court in
down the salaries of officers and employes 8 to 20 per cent Virginia.

Petersburg.

said

* The

:

—

.

.

.

.

&

:

—

East Tennessee Virginia & Georgia Railroad.
Below we give in full the circular issued to the bondholders by the Funding Committee, dated Dec. 30, 1884.
To the Bondhold'TS of the East Tennessee Virginia & Georgia Railroad Co.
At a meeting of the Board of Directors of the East Tennessee Virginia & Georgia Railroad Company, held on December
19, 1884, the Finance Executive Committee was instructed to take the financial condition of the company into consideratioa

and

report the result of

deliberations to the board.
report, embracing a plan of adjustment of the finances of the company, which
plan is herewith submitted for the consideration of the bondholders
The liabilities of the company on Dec. 31, 1884, will be as follows
Aocnicd interpBt on funded deb' for the last half of 1884, belnft coupons and car trust certiflcatos maturinsr Jan. 1, 1885
$597,835 S8
fl'lierc ii) no floitting deb;, neitlier are there any assets in the company's treasury of siillicient value to be considered in this
connection; uU of the property and assets of the couipuny being necessary for the JudLlous management and operation of its property.]
Cash on hand
50,000 00
its

The committee submitted the following

:

:

Balance

The following is a statement of the bonded debt and
payments falling due in the year 1885

all

other obligations of the company, as of Jan.

1,

1885,

$547,835 32
and of the

:

No.

Character of Bonds.

Bondt

When

Date.

Diie.

Rate

Amount.

Int.

Interest,
I'ayabl*.

When

Ann-tat
Prinei-al
Payable 1885L

Annual
Interest.

I'r.CI

92 RflstTenn.& Ga. RR. Co., State indorsed July
147 East Ti-nn.A Vii. hll.Co.,
do
May
•217 East Teuu. & Ga. RK Co., Istmortgage Jan.
1

Di>

1

Do

do
do

1,
1,

1,

1856
1856
1S55

do
do

1

Do
East Tenn. Va.

1,

May

1,1«3-1

Jan.

1, 18:S5

July

1.

1880

May

1, 1-82
.liily 1. 1

Cclst mort. July 1, 1S70
(loU.8.Gi)V.)2dM. Jan. 1,1872
Ga. KR. Co., Istraort. July 1, l8»o

00

3,123 East Teim. Va. &Git. RR.
2,6.50

IRSI

July

do

Jan. 1,1887

ic

July
July
July
Mar.

14.674
dii
Ho
do
July
1.00 .Uabiinii Centriil RR. Co., Ist mort...
2,000 Jiucluiiati ,& Georgia Division
Mar.

1,

1,

18s0
1883

1,
1,
1,
1,

1!M0
n)30
1!U8
1923

00
00
00
00
1,000 mi
3,123,000 00
$92,000
147,000
217,000
1,000
9.-5.0.

OW

2,650.000 00
14,674.0110

011

6
6
6

6
6
7
4
5
5

2,000,000 00

6
6

$24,0t0.000
1,(00,000 01

7

l.('0ii,(i00 0(^

1st Jan. <fe July.
Ist May &. Nov.
July.
1st Jan.

$5,520 f
8,820 Ov

1st Jan. & July.
Ist January.

21S,610 00
3,^00 00
132,.500 0u

&

A

1st Jan.
July.
Ist Jan. <fe July.
Ist Jan. Jb July.
Ist Mar. ti Sept.

Oct. 1,1882

;

i

(Five perl
paid each six
nioriihH, lic^li.niui (with lust uum-

lent or

pi iiiclipal t" b<-

bi'i) -It

Jin

Car Trust
Car Trust

'

''

1,

1

(Oct

1

1,

to Oct.

1885,

>
1, '1)4 5

0,0IK)
120,< 00
(

00

70,000 00
70,200

6

$100,000 00
120,000 OO

IP.inO 73
21,439 1-.

29,766 76
31,247 36

$26,260,954ll

$1,476,505

lie

NOTE.— Payments on

exiiiided hy the hi^uo of 5r of 1-80.
acco.int of Car Trusts and Debentures will dsoreasa annually until 1894,

8."

29.706 75
31.247 36

$'80,964 11
$l,7.57,4i9

•*-

will

1

->«5

B" Notes payable in the fltcal year endlDi? Juno 30, 1888.
0" Nous
do
do
do
do

•These Kondi

Otl

'

1,200,000 00

Jiinel, 1884

733,70ii

$1,295,970 00

01

CarTrust Bonds (A) ...
1,200 Dehentiiri's, «I,0 Oeach.

13,O:iOO0

when ther

will cease.

9«

THE CHRONICLE.

(HO
]

'

(Vol.

XL.

The total extension under thi-? clause would be $1,467,400.
II. That the holders of the $3,000,000 of the Cincinnati &
^^^ ^^ Georgia Division 1st mortgage 6 per cent bonds l>e asked to
dtbentiires.]
iniBts
and
fund four coupons, by depositing with the Central Trust CK)mtTtits iiif-iu<if (iVutercs'r on cir
To iliU luiint be ailrted tbe prinelpal doe on car trusts and 28 0,051 11 pany of New York, as trustee, said four coupons, being those
<l.l>«M.turciiinI885
maturing March and Sept. 1, 1885, and March and Sept. 1,
Making the lotnl payniente wliloU will lieoonio due in '85. $1 ,757,159 06 1886, and accepting in lieu thereof a funded coup'm bond,
bas^d „on and secured by such coupons, wtdch boud shall be
Psytnents on similar accounts for the calendar year 1886,
dated ept. 1, 1885, and bear 6 per cent intf rest from said date,
«1,739,1»6 28; and for the year 1887, |1,720,933 60; gradually
payab'e semi-annually on the first days of March and SejrtemdecreadinK until the debentures and car trus-ts being paid off
ber in each year, and he payable in ten years from date,
in lb04, the total fixed charges for the year lf9o will be
or at the option of the company at v>ar and matured interest
1,295,070.
after three years, on three months' notice.
—
ROAD.
EARNING CAPACITY OF THE
The total amount extended under this clause would he
The C!ompany"s revenue and expenses for thfi three years $240,000.
III. That tbe holders of the debentures be asked to extend
ending June 30, 1884, were as follows
for ten years such of the debentures as fall due during tlie
1983-4.
1832-3.
1S81-2.
1, 17:^,263 30
$3,776.754C0
year 1885 and 1886, and to accept similar debentures running
93,14^,18238
Gr««B revenue
2,473,337 4G from five to ten years, for the interest on their debentures fall2,383,70199
-Operating exi>en«es.. 2,011,127 59
$1 ,699,925 81 ing due during the j'eais 1885 and 1886.
$1,393,053 01
Net rcrcnnc... $1,094,351 7D
The total amount extended under this clause would bo
EQUIPMENT
AND BET $873,200.
CONSTRUCTION,
FOR
EXPENDITURES
IV. That an arrangement be made with the holders of the
TERMENT8.
car trust certificates of the company, series A, for an extenThe actual cost of the 190 miles of the new roads constructed sion for ten vears of all payments of principal falling due in
by the company has largely exceeded the estimated cost. Tlie 1885 and 1886, being $100,000 in each year.
physical condition of the roads purchased by the company
The total amount extended under this clause would lie
necessitated tlie expenditure of large sums in the improvement of roadway and track: the construction and reconstruc- $200,000.
The committee reported that there are various amounts of
The
tion of bridge masonry and bridge superstructure.
the divisional bonds maturing during the years 1885, 1886 and
facilities for the conduct of the company's business were
1887, but that provision was made for the issue of sufficient
«ntirely inadequate to the requirements of its increasing
Unfortunately the company 5s of 1880, known as the divisional 5s, to pay the same at
traffic, and had to be enlarged.
did not fully provide for these expenditures, and the shrinkage maturity.
The board at present represents a very large interest in the
of the value of its securities greatly aggravated the evil, and
want of sufficient means has prevented the completion of bonds of which it is proposed to fund coupons, but the comnecessary work on the new and old roads. This work can no mittee recommended that additional representation should be

Ab will be seen by the foregoing
Tbe Interest clmrgcs proper for tlie caleLdar

j-car 1885,

S

—

:

if

'

longer

l>p

provided for

deferred.

The oflicers of the company estimate that in order to enable
them to operate the road econpmically there must be expended,
in the years 1885 and 1886, for construction and betterments, including steel

rails, iron bridges, terminals, &c.. the
of 11,117,217.
obvious that the present net revenues of the company
are wholly inadequate to the company's requiremenis in
retpect to the necessary expenditures for construction, equip-

sum

It is

ment and

betterments.

To meet the charges shown above the Company

has.

no

re-

sources but the net earnings of its property. These amounted,
during ihe fiscal year ending June 30th, 1884, to about $1,700,000 00 but the Committee preferred to bafse the plan which it
presented upon the gross earnings as ascertained up to this
date, and as estimated for the future. The gross earnings for
the fiscal year ending June 30th, 1884. were $4,173,263 30 but
as it is reasonable to suppose that this property will share in
the decline in tonnage and rates now affecting all other railroad properties, the Committee thought it prudent to deduct
ten per cent from tlie gross earnings for the last fiscal year,
and estimate the gross earnings for each of the calendar years
of ISai and 1886 at $3,750,000. This rate of decrease is somewhat greater than the falling oiT in the last half of 1884 as
compared with the last half of 1883. and while the Committee
felt sanguine that this rate of decrease will not continue,
r-btit that, on tlie other hand, the earnings will show a
mate,-rial increase in the last half of 1885 and 1886, they did
not
feel it safe to lui.se their calculations upon any such
in) -crease,
nor upon any less rate of decline. The road can be
operated and maintained in good condition for less than 60
per
cent of this gross revenue, which would leave, at 40
per
«ent, net earnings for each of the calendar years of 1885 and
1886 of $1,400,000, As tlie total payments duiing said years
*^
'mit $1,7.50,000, there will be a deficit in each year
it
or, including the pre-ifnt deficit, a total
of aboiil
;

;

'

y

anf «n'=l"'''ng January 1st,- 1887. To this must
fl added
ij .
be
about $1,000,000. renmred by the General Manager
for

.steel rails,

iron bridges,

finances upon a sound basis.
that no additional u^ortgage can be created
on account
of the mortgage securing the income bonds.
The committee th^refore recommended that the comnanv
secure the $2,250,000 necessary to cover such deficit
and
its

And

make
such improvpmenls by asking the forbearance of
the holders
of all obligations except the divisional bonds,
which are for
small amounts and on separate portions of the
property.

THE COMMITTEE RECOMMENDED

,

desired.

believed it to be for the best interests of all
the parties concerned to adopt this proposed plan, thus relieving the Company permanently of its financial embarrassments, and enabling it in the future to meet all of its obligations.
The money which it is proposed to borrow frem the
bondliolders will be exp-jnded in improving and in making
additions to thfir property, thus enhancing the value of their
security.
The contemplated improvement of tlie condition of
the Company's road will enable it to make large reductions in
the operating expenses, and additional facilities for conducting
its business will result in an increase nt the gross revenues.
It is proper to call attention to the fact, that, owing to delay
in completing important connecting roads, and the inability
on the part of this Company from want of sufficient means to
put its road in proper condition, it has so far failed to derive
full benefit from the construction of its new lines and the extension of its old ones.- These connections have now been perfected, proper traffic arrangements have been made, and it is
reasonable to expect that with the renewal of the industries
of the country the Company's system of roads will enjoy that
measure of prosperity to which it is entitled by reason of its
favorable geographical location and inherent strength.
The report of the Committee has been approved by the
Board and the Executive Oflicers of the Company, and a
Funding Committee of the Board instructed to take the necessary steps to carry the proposed plan into execution.
As it is desired to conclude the 'funding by February 10th,
1885, bondholders who assent to the proposed jtlan are requested
to sign the enclosed form of assent, and mail it to the East
Tennessee Virginia
Georgia-Funding Committee, .at room
No. 27, No. 110 Broadway, where a member of the Committee
wiU be ready at any time to give any further explanation or
information desired.
When the requisite number of bondholders have given their
assent to the plan, notice will be given of the time and pl.ace
where bondholders may present their coupons for exchange
iato toe Funded Coupon Bonds.

&

and other needed improvements"

9- The committee further reported that to provirle the necestary funds by means of temporary loans would be
unwise as
^ it woiild not relieve the company of its embarrassments nor
.-{Mace

if

The Committee

"^ •'e consolidated 5 per cent bands be
o.l' 7i»*,""',t'*''''«''*
^'"^ tliose maturing January and
July 1st,
l«t 188.),
ffS^
-Julv
and January and July 1st, 1886, by deuositiriD-

Za T^"""-

^.<; four coupons with the Central Trust Co'm^invTNel
Y(,rk, a-s trustfo, and receivinir
instead the comuinv's funded
cou,Hm bond dated July 1st, laS:,, ami
bearingC per cent newest p=r annum from that date,
payable semiannually oi the
flret day of January and.luly
in eieh ve.ar, whic-h bond
sHU
run ten years from its date, and be
re<l^mab'e atth^p leasure
of the company at par and accrued
interest, after thr?e^eai^
on three months' notice; such funded coupon
..
bond to ht IT'
'' ,'*"
"^ •^^P«««'«''. the lien if which wiU be
h>
"*
~Si?pL,
'"""^"h"
*11 resptcts preserved.

By

order of the Board,

Samuel Thoma-

,

President.

•

Samuel Shethar,
Geo. R. Sheldon,
E. H. R. Lyman,

New

)

\

Fmuling. Committee.

)

York, December

30, 1884.

—The card of Messrs. Henry S. Ives <& Co. is published in
to-day's Chronicle. The gentlempn composing this firm are
well and favoraljly known in the Street, and they invite the
attention of parties desiring to open stock accounts.

—Any

bank, corporation or firm requiring the services of a

competent and trustworthy gentleman are referred to the
advertisement in our columns to-day of Mr. Wm. H. Coaney,
for thirty years connected with the Metropolitan National,

Bank

of this city.

— Messrs. Winslow, Lanier & Op. announce

,

in

our advertis

ing columns the interest and dividends payable in January a
their

banking house.

—Attention is called to the advertisement of Messrs. Kuhn,
Loeb & Co., offering a limited amount of the Chicago Ro«k
Island & Pacific first mortgage extension and collateral bond.

j

i

m
||

I

;

Jandakt

%\xt

8,

;

THF, CHRONICLFi.

IWB.I

COTTON.

Friday NronT, .lannary
The volump
and Rpeoulatioii

in

));ood

Friday.

2.

the total receiptH have r<wv;hed iril,(>75
weeit, S.^HjlMO imli-tt the previous
week and 2i9.4.'>7 bales three weeks nince: making the total
receipts since the 1st of September, 1881, 3,001, .'ilQ bales, against
name period of 1883-84, abowing an
3, '356,002 bales for the
increase since September 1, 1H8t, of 134,5,51 bales.
this

l^nr,.

tiinoa

dis|>1ayed

oonsidorahlo spirit, n "corner" in Indian corn for j rompt
delivery being one of its fl'atures. Thpre is great confidence
in tlio prospects of buaineaa for the new year. Somo nlief to

the country from the burdens of war taxes, under which it
has been laboring, is universally conceded to ba nece isary,
and plans for achieving this result may be agreed upon. The
weather has been much milder, but' is again cold to-day, and
a severe storm in the trans-Mississippi region, •extpndinjr from
the (lulf to the Canada line, has caused Hoods, and obstnicted
railway transportation, besides doing some injury to \viat«i

;iale« last

;;_

Receipt*

at—

futures has been rather dull, at
variable price,", but on Wednesday there was an upward
tendency, and to-day the early dealings wore active at
buoyant values. Toward the close, however, there was reaction toward lower values, and the close was at T'O'i :. for
January, 7'OSc. for February and 7'15c. for M-irch. Spit lard
hps been quite active and to-day was firmer, closing, hownver,
somewhat unsettled at B OrngTc. for prime city, T'l^)@7-'20c. tor
lard

prime Western and 7'35@7"40c. for refined for the Continent.
Pork has lieeu in very good request at rather better prices,
closing firm at ^Vi rtO@$\H for mess and $15 2.5@|16 for clear.
Bacon remains dull at 63^@7c. Pickled cut meats have been
active but firm at 6;i;@6}^c. for bellies, SJ^QSJ-go. for
shouldprs and 8J^(*9o. for hams. The slaughter of awine at
the principal pomis of the West for the season numbered
2,9-^.275 against 2,857,379 for the corresponding period of last
season. Beef remains nominal.
Beef hams are (juoted
$18 r)0(a$19. Tallow has been more active at 6c. Butter has
continued to show an upward tendency, and creamery is
quoted at 21® 33c., but closes quiet.
Cheese is firm at
fl@13c. for State factory. The following is a comparative
summary of aggregate exports from October 27 to Dec. 27.
1883.
1884.
Pork. Iba
8.0^4.400
10.322.000
Dec. 2,2<)7.600
Bacon, lt>9
79,n4S,«88
sn,35rt,592
1)60 10,357,704
Larrt. lbs
48.970.412
52,145,331
Dec. 3,174,919

....

....

2.400

8.01.5

996

441
1,853

1,853

3,737

2,675

2,507
114
1.14H

18,107

151,773,923

Dec.15,830,223

Brazil coffees have been (juiet on the spot, but are quoted
firm at the close at S%c. for fair cargoes of Rio. The speculation
has teen sluggish and prices were drooping and uns?tlled,
until to-day, when there was some recovery, and the close
was with b'uvers at 8'05c. for Jan., 8'25c. for Feb., 8 '400. for
March, 8-50/. for April and 8-60c. for May. Mild coffees have
been active and close firm. Raw sugars sold fairly at times,
but on the whole were rather dull; fair to good refining
grades are still quoted at4?^i@4^c., and refined 6}4'(P'K's''- for
crushed, 6%c. for standard "A.'' There were considerable
transactions in teas early in the week for March delivery at
23c. for standard Japans, and the close is firm,
Kentucky tobacco has ruled quiet and prices are nomin.illy
unchanged; lugs 7@8J^c., leaf 8^@10}ic. Seed leaf has also
remained very quiet, the sales for the week amonnting to no
more than 835 cases, including 285 cases 1883 crop, Pennsylvania, S}{(§2r>c.: 100 cases 1881 crop, do., 5@llo.. and 2,')0
cases sunnnes 5tS28c.; also, 300 bales Havana 80c,(g$l 15, and
100 bales Sumatra $1 ;J0@$1 00.
Petroleum certificates have shown more strength, with increasing .i.ctivity to the speculation, and the close to-day was
at 74J8f«'7'ic. Ueiiued in bbls. is firm at 7J^c., and in cases
9/4^@ lOJ^^c. with naphtha nominal at 7}^c. The was a movement in spirits turpentine early in the week, with an advance to 31 i^c. but the close is dull at 31c. and other naval
stores are nearly nominal, with strained rosin quoted at
f 1 2">@$1 271^. The demand for wool has been qviife brisk for
a holiday week and prices are very firmly maintained.
-tals have been witliout decided feature, except an upward
turn in pig ir.->n certificates. At to-day's exchange these were
dull but steady at .?1«@$16 25 bid. and |17@$17 13 asked. Tin
quiet but firm; spot closing Ifi'SOc." asked, futures 1615®
16-30o. Tin plate steady at $4 40@$157i^.
Copper firmer;
lO-OSc. bid for Lake.
Exports from U. S. 11 months of 1834:
Ore, 30,093 tons: ingots, &c,, 24,234,246 lbs,; sheets, 73,290
lbs.
Lead dull. .Spelter neglected.
Ocean freights show a considerable decline in rates to
British ports, the speculation in wheat and corn checking
shipments of these staples, except at reduced rates. On
Wednesday the engagements embraced 176,000 bushels grain
to I/indon by eteam at 53^d. for com and 5J^d. for wheat
and today to Liveri)ooI the current rate for wheat was 53^d
,
with shipments to (Hasgow at 6d. To Cork for orders a
numl)er of charters for grain have been recently reported at
4s. 9d. hence, and 4s. Gd.@4s. 7>^d. from Biltimore.
Petroleum charters have continued quiet, but wo notic-' a small
bark refined to Waterford at ;i:s. to an English port, a large
bark^ 3s. 3d.; to Hull, another, 28. 2d. Crude to Cftte 2s. 9d.
refined to Antwerp 23j 1 V^d. cases to Bombay 37c.

M

8.241

3,060

BninHwTt, 4o.

Morch'd

1,064

1,300

1.522

842

....

....

...

....

....

162

128

201

195

....

....

3,1)80

2,031

231

..

C.,<fec

New York

&o
602

....

.

3,22«

4,2G3

Boston

..

2,737

WilniinKton

Norfolk
West Point

2,278

.-..

Cliorlpstoii

Total.

8,661 19,091 10.560 15,127
3.692 8,850
989 1,234

Florida
Hiivaniiali

1,085

[Jaltimore

....

....

965
ISS

1,392

2,777
6,149
103

675

11

22

1.965

10„579

61,876
12,110

393

114
9.811

302
HO
350

362
1,060

350
19,073

....

1,091
2,310

105

48

511

S45

7i;»

3,234
3,714

122

....

....

Phllartclp'a, &c.

8,7.-

800

800

....

2,120

I'otiiLstblswpok 27,329 42.787 22,724 31,955 10.2r,9 19,022 154,075

we give the following table showmg the week's
the total since Sept. 1, 1884, and the stock to-night,
items for the corresponding periods of last year.

For comparison,
total receipts,

and the same

1884-85.
Receipts to

lees

135,913,700

Frl.

482

83

1,780

....

Mobile

Thur:

Wed.

Ttiei

8,831

8«7
393

Pt. Fnyal, *c.

in

iron.

Sal.

3.518

Oivlveston
Indianola. Ao.
New Orleans...

wheat.

The speculation

(•'

balm,

for n holiday week,

lending etapira has at

P. M.. .Iimuary 8. IHHr,.

Thk Movembst of the Chop, as indicated
our telegrams
"^ from til" """ ">->M'^ht, 1m given Iwlow, For by
tno week ending

COMMERCIAL EPITOME.

Total

Si

Commercial %imts,
of trade has been very

January 2
(Jalvoston

181^3-84.

TMe

This
Week.

Week.

10,579

14.804

389,245
393
9.749
61,870 1,108,939

...

Ind'riolft,iSto

New Orleans.
Mobile

12,110

Br'sw'k.&o
Charleston...

9,511

441,579

Pt.Eoyal,&c
Wilmington..

362

6,255
1,316

M'UeadC&c

350

Norfolk
W.Point.Ac.
Now York...
Boston
Bnltimoro ...

19,073
8,759
3,294
3,714

439,854
240 142
22,859
53,586

Philadel'a.io

2,120

1,060

800

6,596
SO
2,593

688
14,910
9,667
10,373
8,3Gli

125
377

08-1

1884.

110.018

18

25,729
848,342
6.522
333,573
10,814
77,935
10,376
440,337
162,119
51,359
74,376
7,497

11,615

6,955
20,874

j

53

419,940
54,300

487,513
64,203

4,689
87,612

105,716

58,476
1,070
15,258

80,961
1,501
13,533

57,737
7,027
213,633
6,310
25 498
11.113

64,209

203,25'

8,741

4,701
83,199
8,102

1885.

466,947
112
7,758
52,227 1,120,529

ISO.OIS
60,513
612.430

1,853
18.107
114

Florida

Savannah

Hloek.

Since Sep.
1, 1883.

7,472

299,272
6,186
25,260
10,391

Il54,075'3,631, 5161 140,612 3,556,962 1,015 767 l,3t;9

Total.

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts at

—

1835.

1884.

10,972

14016

61,876'

5.;,227

Wilin'i.'t'n,&c

12.110
18,107
9,873
1,110

Norfolk, &c..
All others

27,832[
11,895'

6,255
11,615
6,682
3.283
24,577
21,037

Savannah..
Uharl'sfn,

1883.

18S2.

33.524
78,4)7
10,474
20,822
15,961
3.543
38,370
22,84'J

14.295
47,721
7,127
22.919
8,077
2,988
16,676
32,628

224,997

152.429

|

Galvest'n,&c.
New Oilcans.
Mobile ....

&c

Tot. this w'k.

15t,075| 140,012

1381.
19,071

070

we

1850.

11,26-2

7,010
51,031
13.342
15,016
9,525
2,699
16,060
34,794

110,735

149,186

32,(>57

9,160
12,717
6,313

976
18,073

-I-

Since Sept.

1.

3691,516 355ii,982 36S6,459!33S5.512 3o64.«3t!;i316,341

Giilvwton IncludoK Iniliaiuila Charleston Incliuli's Port Royal, &o.
Wiluiiugtou inclU'ltj.s Morchead Cit.v, ice: Norfolk iuuludos W.'at Poiut.<Sco.
;

The expoits

week ending tins evening reach a total
wluch 107,903 were to Great Britain, 17,320

for the

161,678 bales, of
France and ZG/yoG to the rest of the Continent, while the
stocks as made up tliis evening are now 1,01.5,767 bales. Below
are the exports for the week and since September 1, 1884.
)f

10

Ending Jan.

fVcek

from,

—

Great

France

IlriVii.

GalTOHton
.Sew Orleans..
.Mobile

Florida
S.aviinnah
Cliiirleston*...

Wilmington...
Norfolkt
:«ew York
Oo«ton
Baltimore... .
I*hnadelp*a,&c

ToUl

From Hepi.

2.

Ejiporttd to—

Exports

CbnU- -.Tbtol
nent.
Week.

B,028

fl,9J9!

S4,1S2

13,589

14,513

8.413

1,800
1

83,0ja.
9.0;i4

1,831

62,286

Oreat
Britain. France

H3,99i

ConUnenU
SI. HI

4,935

331, no 174,417

1

93,4a 1

Total.

170.038
704,017

7,9M

7,914

8,906

20,W0

132,?52

11,049

133,981

6,0.10

16,262

121,9231 19.237

I1S,51,)

1,813
9,4SI

1,813
25.493

a.'W.OOO

S.»4S

1,781

12,700|

215..1.'lJ

24.971)

12,210
21,070
90.205

263

8t.8-!6

3.030

23.183

117,818
33,904

38,960|

ajm

0.808

5,754

5,754

M..5'S;
80.37»'

830|

3I,e8ll

351)

18»4, tn .Tan . 2, 1885.

3,600!

S(,80J

11,7»1

1.

Exported to—

.

.

S,«'18|

337,982
a!9,e7»
49,«00
237,413
330.514

1H1.B7S 1,S75.7.)8 24O.5"l0

TO7.733 2,324.001

1872'J5 1,129.511 28\«47
Total 18S3-94 98.880
exports from rurl Uoyal. Ac.
t Includes exports from West Point, Ao.

535.738 1,930.914

107,003

ir

:

;

;

9

• Inoludefi

—

e

.

1

[Vol. XL.

THE CHRONICLE.

'62

our wleg;«m^'"ght
In addition to above exports,
on ehipboaxd not
thefollowins amountB of cotton

us
S? the pol^

'thk Sales and Pkices of FurtrRKS

^ogive

cl^^,

n^ed. We add ^f^^^^^^ZlTc^^J^I^^
MeBsrs. Oarey, xaie
for our special use by

^

the closine

'

are

shown by the follow-

Wdsanadditionjo^

_

prepared
Str«et.
ft Lambert. 89 Broad

"hich

On Shipboard,
JaS.

2,

AT-

Olhtr

anal
Bi Uain.

Itew Orleans
Mobile
Charleiiton
fiAvauuuli

Fraiue. Forciffi*

Moifolk

12,f»7

700

1,B82
3,100

125,789

Nuue.
3.000
Muue.

8,100

3,''00

5,9C'0

2,iB:f

3,61«

1,6M9

None.
2, 100

1,100
2,167
1,114
None.

1,100

None.

24,300
15.100
27.658
28,398
3.700
6,000

34,516

12,663

253,C95

~762,072

197,170
255,159

1,071900

None.
Moue.

1,:<(I0

I

294,151
31, -50
34,176
72,512
25,42x
29,339

3.^,037

4,aoo

Total 18S5.

Total.

18.950

Ucw York
OUierportu
Total 1884.....
ToUl 1883

Leaving
Stock.

Ooa»tvise.

7.'>,473

8,lfH)
19,60!)
2ft,6»5

<3«lvi>-ton

not cleared- for

163,617

42,899

111,101
155.573

24,775
23,787

22.7:jO

51.073
58.231

I

I

209,'.'33

64.983

703,396

market

delivery at
speculation in cotton for future
we tk under review,
the
for
active
moderately
has been^nly
There was an
unsettled.
and prices have been variable and
and on
it was not sustained
but
Saturday,
on
early advance
there was a
crop,
the
of
movement
Monday, under a freer
buoyant openmg, on the
considerable decline. Tuesd ay had a
face of our decline,
the
in
Liverpool
stronger accounts from
was lost, under the
but later in the day most of the advance
crop estimate
forthcoming
the
regarding
influence of rumors
This report
Washington.
Irom the Bureau of Agriculture at
to a total yield of
pointing
morning,
Wednesday
on
appeared
general expression of
6 580,000 bales, but under the very
decline from the
opinion that this is an underestimate, a sharp
with the bull
realize,
to
sales
under
place,
highest figures took
there was an early
party little inclined to operate. To-day
movement and firmer
4Mlvance, owing to the reduced crop
dull, but toward the
was
Liverpool advices. The speculation
this

The

;

As compared with

was a further improvement.

close there

Cotton on the spot was
last Fridav there is
price •, but to-day
quiet tlu-oughout the week at unchanged
closing at
uplands
middling
l-16c,
of
there was an advance

a slight advance.

forward delivery for the week are 317,'?00
For immediate delivery the total sales foot up this week
for export, 1,424 for consumption,
1,534 bales, including

The

total sales for

bales.

were

to arrive.

«acb day
JDec.

of the past week.

Ul-LANDS.

27to

Jan.

—

—

bales
in transit. Of the above,
and
The foUovying are the official quotations for

110 for speculation

NEW ORLEANS

I

Wt. Men Tuea'

2.

.

TEXAS

I

Mou Tuea

Sat.

mon

Sat.

91,6
9»a
9>s
106|« 10i>i« 10^,6
lOiflfl'lOiiie lOitia 1011,, lOit,,
11
11
11
11
11
11»18 113,6
ll'ie llSie
116,6
116,6
llSlB
ll'ie ll'ie
Ilia
UHi 1112 111*
«K>od Mid
11
lliiia
ll''l«
IH'ie
Il"l6
etr.O'dMid 111,, lllid
7)6 lU'lR
121,,
121,6 121,6 121
Midd'ttfair lli3,eUiV ll'»if
12lt,e
12ili«
^'Wl2llie
lvl,«
Il2',.
F»ir
12"l6

Ordlu'y

¥*

8'3ie

8i»ie

9>4
lu'ia
lO'xa
10% IQiH
l.(iw Mild'L'llU^
«tr.l/WiMid' 1016,6 lOi'if loioie
MldiUin>.'...|lUia ll'ia ll'u

iStrlctOrd..
CJood Old.. 101i« lu'is
«tr. G'd Ord lOI,, lO^ie

.

2

9! VI

'«

91 1«

9»s
106,8 106,6

9iie
9Hi

Uht

im im im im

iWed Tb.
Ordlii'y.Bi

8l»i«

Strict Ord.. 914
<}ood Ord..' 101,

etr.G'dOrd m'lg
Ix>irMldd'K iOS
ttr.L'w Mid 1016,6
MKldlillK ..|111,6
Oood Mid..'lli4

Str.ii'dMId ll'^ie
Mldd'g Fair Uia,!
#»lr
127,6

Wed

Frl.

9I16
8^8
9i»
96,8
IOi«
106,6
10>a 1011,6
loisie'll
11
118,6

im
Ut

ll'e

i2H

918
9»,«

<fltt.
,

IPdtltoM;

Wed

liag
ll»i«

116,6

ll»s

ll"l«

11%

121,
1211

l2ie

1111,6
121
121 iJa

12%
Sat. nionlTaes

i

imi

Wed

Tb.

87,6
§!i«
f3i«
§Ti«
9I8
918
Holi9>s
9>e
916l«.
9'6ie 9'6l8 916,,, day.
10»lg Il0»i8 10»i« I0»ie

HABKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
SALES OF SrOT AND TBAKMT.

SFOT MARKET
CLOSED.

Ex-

OoH-

port.

$ump

Mnll but steadr

112

mill iiud e:iBier..

ii»

Firm
Cjulut

1

Svee- TranTotal.
tU.

iU't'n

110

and fteadf

32;

112
429
363
327

FUTUBK S.
DelivSalet.

eriet.

5., 500

300
dOO
900

77,400

2,0u0

43,200
84.900

Hoii day.

303

iiuiiutl'iVadV',!.'

Totel
Tbe dallr
Cievloua

....

;

Th.

91,8
9>3
106,6
1011,6

lUie 11
UVj li->

I

I

BtTict (iiKiil Ordinary
I/'<v .MiddluiK

FrI.

ICs
10%

"61.

STAINED.

Oood Ordinary

Tli.

1.4Z4

54,706

110

r.cbo

'317.700' 5.100

dxilveriug glreti a»ovo are actually delivered
to tliat on wiiiua tliey are reported.

tlie

day

'
I

.

I

U3

UP

I

I

Includes sales In September, 1884, for S.'ptBiuber, 158,2 JH BeiitembCT
cr October, lor October, 421,800; September-November, for November,
*

;

5b2,'.iOO.

t^

We haTe Included in the above table, and shall oontlone eaeb
weeV to ifive, the average price of futures each day for each month. It
will be found under each day following the abbreviation " Aver." Tho
averaKO for each month for the week is also Ki ven at bottom of table.
Trnnferruble Orders- SiiturdaT, 11 •20c.; Monday. lllOc; Tuesday,
11- 5c.; Wednesday, llloc; Tburcday,
0.; Fiiduy, 11-20O.
Short Notices for January— Tuesday, 1112c,; Wednesday, 11-OSo.;
1

Friday, 11 -lie.

The following exchanges have been made during the week:
•09 pd.

toexch. 900.1au. for Mar.
I'lO Mar. for April.
100 Mar. for April.
400 Jan. for Mar.
100 Jan. for Mar.
5U0 Mar. for May.
100 Feb. for Mar.

! 3 pdi to ejtch.
13 pd. to exch.
•08 |<1. to exch.
•07 pd. to exch.
•25 pd. to exch.
•11 pd. to exch.

02 pd. to exch.
for regular.
•IS pd. to eieh.

200 Jan.

e.

n.

2d

200 Mnr. tor April.
gco Jan. s. n. od for regular— even.
•la pd. to exch. 500 May for June.
-11 pd. to excli. 200 Feb. for Mar.
13 pd. to exch. 500 April for May.

O

January

—

The Visreut Supply of Cotton to-niKht,

an

The Continental

mnAn up by cai>ie

well im
those for Oroat nritiiin and tho afloat, are this week's rotunis,
and conflei)uently all the Kuropoan figures are brought down
But to make the totals the complete
to Thursday evening.
flg^reM for to-night (Jan. 2). we add the item of exiMirts from
the United Statob, iucludmg in it the exports of Friday only.

and telegraph,

in

an follows.

18S.V
Rtnflk at TJverpool

1884.
679,000
&6,000

Btook at London

79.1,000

5fil.20O

6,000
S6JJ0O
38,000

735,000
2,000
SH,&00
46,000

Btook
Btock
Btock

lit

Hri'iiicii

lit

Aiimti-nlain

1,400

42,700
11,800

lit

lioltcrdam

700

800

3,4no

620

Btwk

at

Antwerp

3,500

HOO

12.'i,000

I4r..ooo

2.0;»0
117,<ii)0
:i,ioo

ttSl.OOO

.

3,000
187,000
4,000
38,000

Btock lit Uaviu
Btock at Marsulllwii
Btock at HarcHloiitt
Btock at (jcima
Btook at Trteato

18H2.

18S3.

5111,1100

47,000
stock

Htix^kH, an

710.000
83.000

e'.)4,ooo

bftlea.

Totiil Orcat nritaln
Btock Ht llaiiiliiirii;

1

1

THE (.HRONICLK

IKS.]

8,

.

-

4,300
25,700

7.000

:t,i).>o

4.'i,000

4->.0(H)

5,000

10,000
8,000

y,!K)0
(1,200

324,200

31)6,800

212,000

e.OOl)

42,'JOO

The abovn totals show that the old interior stocks havft
'Unreased during the week i:i,.'S03 hales, and are to-nii{ht44,OI,'>
bales le/is than at tho satne period last year. The receipt) at
the same towns have been 10,0(4 baltss more than the same
week last year, and since Soptoinlxir the receipU at all tli»
towns are 70,003 bales less than for the same time in 188.'!-84.
I

Quotation.^ for Miudli.vo Cottov at Other M.\ukkts.
In tho table l)elow we give the closing quotations of mi<Mling
cotton at Southern and other principal cotton markets for eacb
day of the post week.

2.'.0(K)

2i,r.oo
ri.ooo

3,130

Wtek ending
Jan. -i.
OftlvcHton

New

...

Oilcttnj.

Mobile

Savanimb

..

.

ChailcMton

.

Wlliiiliigton

Total Continental stocks

229.2/>0

790,460
Total European stocks .... 97i.200 1,041,S00 1,035,6>0
11-1, 000
129,000
100,000
(57,000
India cotton alloat for Europe
5BB,000
6.^0,(M)0
t,-.;7,000
Aiuer'u cotfn aflitat for Kur po 653,000
E([ypt,Hiiun.,Vc..rtnt for K'i'pe
45.000
43.000
69,000
42.000
"
9.')3,^.'i.5 l,19^,7:n
1,269,070
Stock In Uiiitcil Stated ports .1,015.767
370,301
313,010
400,901
Stock In U. 8. Inttiiior towns.. 32'l.2A(i
37,l:00
l!i,000
12,000
25,0.>0
United States exporUtoHluy..
.

Total visible supply

3,091,253 3,411,671 3,193,165

88

.

..

CLOStitO QCOTATrOifS

Mon.

Tiiet.

Wednet,

10»,h

10B,«
in>s
1039

100,8

1"»|»
101*
10'4

10 li

lO^is
1 03a
lOij
lOlD

Norfolk

10%

Boston
Baltimore

It's
lO'a

Pblludelphla.

AnKnsta

Memphis
St.

Louts

Cincinnati...
Louisville ...

FOB MtDDU!fO OOTTOH on—

Saliir.

lOifl"

107,8
IO618
10>i
lo»«
lOiije

li)B,a
lOlfl

10>«
1011,8
liJs
lO'a

im
1038

Ilk

10%
10>8
loss

K114
10'4
loia
10»«

10<9

1038

Thurr.

Fri.

109,,
10 Hi
1014
1038
10i«a>iv
I0>9

'.

io4
I0»8
10>«
1011-8

IIV

im

lO'a
11 '4

lO'a
11>4

1038
10»9
103g
10>«
loss

10^

^
s

l..!l,.
11 is

.07^

a

ll**

10%
10%
lOH

1(138

10%
101*
1038

lOi*

10?

102,695

3,

Receipts from the Plantations. —The following table is
Of the above, the totals of American and other deaorlptiong are aas follows prepared for the purpose of indicating the actual movement eacb
American—
Liverpool stock
443.000
445.000
380.000 week from the plantations. Receipts at the outports are somebales 417,000
220,000
14H,000
ConUnental stocks
20>,000
109.000 times misleading, as they are made up more largely one year
568.000
6.^0,000
Americanafloat for Europe. .. 6')3.000
527.000 than another at the expense of the interior stocks.
We reach,
1,015.767 1.269.070
958,555 ,198,731
United States stock
370.401
343.010 4ini,i.04 therefore, a safer conclusion through a comparative statement
United SUtes interior stocks.. 326.286
:

ToUl American

37,000

19.600

2,629,053 2,893,871 2,581.535 2,611,235

Matl Indian, Braztl, de.—
IJverpooI stock

187,000
47,000
11 9,200
67,000
45,000

Londonstock
Continental stocks
India atloat for lijiu-ope
GKypt, Brazil, iio., afloat
Total East India,
Total American

25.000

12.00 J

United States exports to-day..

Ac

265,000
83.000
94,600
100.000
69,000

236,000
56.000
86,800
129,000
43,000

139,00(^

42.200

or Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of tlie crop
wloich finally reaches the market through the outports.

]20,2li0

118,000
42,000

165.200
550,800
611,800
461.460
2,629,053 2,893,871 2,531,565 2,641,235

RECEIPTS from PLAHTATIONS.
Week

tW
92^ bales.

Ibvm:

Ilee'pttfram Ptanf'a*.

242 329 257,27B 212,289 125,039 202,»70 92,651 271.803 205.3

Oct,

Not.

The above

figures indicate a decrease in the cotton in sight
to-night of 350,418 bales as compared with the same date of
1884, a decrease of 98,913 bales as compared with the corresponding date of 1883 and a decrease of 8,443 bales as
compared with 1882.

Interior

Recti fU at Vie Portt. Sfkat Interior

EltdtHQ—
'8Z-'83.l'83-'84. '84-'8B. '82.'8a;'83-'81. '»4-'85. '82-'83.i'8S.'l*l.|'81-'8Ht

3,091,2.-)3 3,144,671 3,193. Iii5 3,102 61.5
Total visible supply
5liud.
6d.
Si6n,d.
PrlcoMid. Up!., Liverpool....
69i8il.
The imports into Continental ports this week have been

At the

like the following.
In reply to frequent inquiries wo will add
that these figures, of course, do not include overland receipts

Towns

movement—that

the

the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1883-1 is set out in detail in the following statement.
is

—

14
21

»I1.-S8 252.815 285,112 139,317 23«,9S« 120.511
2S6.823 24I.0»1 277,470 175,09J 278,7»4 I56,05t
26^.251 2B7.6M 257.011 '211,-40 313,249 171.996
1250,151 212.078 209,114 '2M.123 343,021) 19S.070
242.189 232.510 258,771 259. 175 .S50,74,S 229.530
235,097 222,185 284,092 275.700 371.581 2il7 133
217,017 2B5,4'U 278 SOO 291,378 386,477 316,019
2B8,015 281.163 ,289,15 7 299.528 110.218 335.151
258,170 217,733 258,340 338.993 123.577 383,888
251,923 201,688 207,893 37E,855' 122.310 363,520
1224.997 110,«12' 154.075
407.971 349.188
1

28
Dec. 5
12

19
28
Jan. 2

U

266386.

256.018 2.88,861 321 .oe»
2«2,.398 281,889 301,017
298,899 301.119 273.97»
201.537 272.758 203.CSS
257,221 238,329 289.343
271.622 237.001 322,28»
2C2,89:i 277,397 .>I2S,18«

270.107
295,835
294.785
228.7S9

301,932 30836»
281,064 288,75S
200.119 207.647
120,276 140.01S

—

The above statement shows 1. That the total receipts from
the plantations since September 1, 1834, were 4.033 789 bales;
in 1883-84 were 3,915,780 bales: in 1882-83 were 4,0.53,621 bales.
2.
That, although the receipts at the outports the past week
were 1:')4,0T.') bales, the actual movement from plantations waa
140,043 tiales, the balanc? being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 136,370 bales and for 1883 they were
228,789 bales.

—

?.-<;
:k

» K-

•

'

*J'

-s4

o
..t

e 132:

**V - O CD »-< -J K) Kt b«

OD

M **
M — OD
— to W ^
0» •^ r-

»»«».

:

Z^:

tit

M M a Ci w M

0-. rfk

:

O ^ b "w W 01 o

ic«o^ y> QDV' * ,'- 3; *.

CD p;-i

w a C) in

Amount of Cotton in Sight Jan. 2.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Dae. 1, and also the

^S'

takings by Southern spinners to the same date, so as to give
amount of cotton now in sight.

I
if

substantisUly the

-S'

p(*.

1881-S5.

'-O

1983-84.

1882-83.

18S1-32.

«*-

M*-cstO' o^^

to
oj
-.

^ Vi'ir CO w yi *^ w

Eecelpts at the ports to Jan, 2 3,691.516 3,556,962 3,636,459 3,3i5,S42
luterior stocks on Jan. 2 iu
excess of September 1
332,2:3 353.81S 367,162 418,234

to^ ODUtow'to

-;wcowwo-h
J *Mo» ^^

.

Tot. receipts from planta'tns 4,023,789 3,915,78o 4,053,6>1 3,793,776Net overland to December 1
227,8.'^5
261,252 244,1 IV
220.9l<>'
Southern cousumpt'n to Dec. 1
78,000
87.0«0
90,000
70,0001

a:/

.

» £0 a WW « Co
it^ioi-* .;ocoio
O
to
•^^^axcjDM

n

MQDaC0i-Ot"5

&3)^QCOOCSO:0"-Ot3«

!

Total in sight January 2

4,329,641 1,264,032 4,3S7,733 4,0S4.688

Northern spiuners' takings to

January

683,161

i!

908,9131

808,845

907.764

lia
Clf-'M'-iCO

-I

rf^^U(0O.^O

00

CO

uioaoc^jco

fj*

t->COCOVi^ CCCOC:*CD tOCDrOOsO&COOOi
Clin-.|it».O0DQDr-0D0'01<*-C0CC»-O<Ot2»;^

KicoK:c;*tooo:okoo<iMO«»^aowaD

3.
CO

r

3 CO

MtO

^M tat-*

to

o

C -I

i-t

•-•-to

if-

—

t-

CO

'_!<

to

'X)

- ) o:

^ c; ys y C

t-"

COCOWOlttt^Ci^

CC-WOShS^JCOtaOO'J*

I

J;

»;- :*;

to v>

U'^bc'^'bcDi''
MW4Oc-:Cif'«-4'^toC0(jow'-i3C';y«

<.i'QC*»o<-t~'tO'—
L^

— w* coo

3

--]

i.''

s? s,

XO

k

w
— *i
oj^-*

tocu.^wr-too«to»--Jwcoa;»*»'0»i^cc

CtMrOv^

**p

O W i— — X >u o

Vj'm qo'-'I to CO *^"c/:cd':;i
CO

O

^^

to

t-*

to

»-•

w

13

co'bb to
W aJui
4CC 0DC2C0(>Ol-iO»— W*--4*-

-< Ci
tc *- to
JD

o

^ to

j-»
it*

oaotco

•

Oi<j:;»*jo:i***»oo:*-ooi

CO
"^

*^

i-'to
tato
atO^^tOM
O
* y» K, c x to
QD
«=»-c— 3-.a»0 o •*p^i.-®o = o!*'-i: oo>-'a>a<>-«»
— CD o " M cc — f g>-j-coKoa. Se — i:.c^-c-.»'o

^

•

•>:

'

'

•

Stock actual count.
RecclntK tills week Include H.398 bales received at compress from
Interior towns ud not previously counted.
J Tills year s figures estimated.
*
1

^

Weather Reports by Telegraph.—There have been veryr
heavy rains during the week at many points in the West and'
Southwest, the heaviest rainfall being at Shreveport 11 "44
inches, Helena 9-71 inches, Vicksburg 8-89 inches and GjIveston 7'43 inches. In other sections the rainfall has in general
been light, with the weather turning colder as the week closes;.
Galveston, Texas. It has rained tremendously on six days;
of the week, the rainfall reaching seven inches and forty-threehimdredths. Ice formed on one night. Average thermometer 57, highest 72 and lowest 29.
Rainfall during December
nine inches and forty -four hiindredtlis.

—

I

l^__w

It will be seen by the above that tho Increase In amnnnt In sighs
to-night, as compared with last year, is 65,6 ivi bale-", the decrcaao
from 1S82-8J is 53,089 bales, and the increase over 188i-S2 is 244,938bales.

—

on .five days of the
Indiauola, Texas.-V^'e have had rain
hundreilths.
thirteen
ami
inch
one
reaching
veek Uie rainfiUl
thermometer has ranged from
Ice forme.1 on two nights. The
December
averaging 48. Tlie rainfall reached during

'

.

fVOL. XL.

THE CHRONICLE.

u

.

1

hundredths of an inch. AnAverage thermometer 491, high-

reached twenty-four

rainfall

other cold wave is upon
est 66 and lowest 28.

is.

^
-^u
Wihon. North Carolina.-lt has rained on two days with
hundredths of an inch. Snow fell here
25 to 76.
thi4week. The Iheruiouitter has averaged 4., the higher
two inches and three hundredths.
being 66 and the lowest ^'8.
,
week,
the
of
days
The foUowing statement we have also received bv telegrapn,
FdUsUne rea;a*.— It has ratne<l on four
and Htty-eight hundredths. Bhovring the height of the rivers at the points named at d o clock
the rainfall reaching two inches
and January 3, 1884.
four ni;,'hts. Tlie theruiometer lias aver- January 1, 1885,
,

.

i

a rainfall of forty-five
"

.

,

,

•

We hive had ice on

rainfall six mclies

Jan.

and sixty-oiue hundredths.
New Orleaiu. LouiKiaua.-lt has rained on five days of the
hundredtlis.
week, the rainfall reaching one inch and thirteen

*•«-/

aijed 41. rangin;;

from

December

14 to Ui.

The thermometer luis averaged 59.
generally cloudy
ahren-pjrl, Loinsianu.-yfe have had
The rainfall
weather during the week, ^ith six rainy days.
and forty-four liundredth-. Average
thermometer 48, highest 70, lowest 30.
unusually severe
Vicks')ur/j, Mi.ssisxippi—^e have liad an
is claimed, has
it
damaee,
much
and
week,
storm during the
reaching
been done. It has rained on five days, the rainfall
6-13 inches
which
of
hundredths,
eighty-nine
and
eight incites
The tributary rivers are hiKhtr.
fell in twenty-four hours.
The thermometer has ranged from 20 to 71. December rainfall twenty-or.e inches and seventy hundredths.
Columbus, Ui'ssfs«ippi.—lt tiaa rain d on two days of the
week, the rainfall reaching one inch and one hundredth.
DecemlMT rainfiiU five inches and five hundredths.
Little Hock, .4rio«*a*.— Telegram not rec-ived.
HeUna, Arkansus. We have had rain on five d^ys, and the
remainder of the week has i^een cloudy. The rainfall reached
nine inches and seventy-one hundredths. We have had the
heaviest rain for yearn. Clear and cold this morning. Thf
thermometer has averaj^ed 41, ranging from 16 to 60. Rainfall
for December thirleen incl.es and forty-nine hundredths.
Memphis, Tennessee.— \^e have had very heavy rains on
six days of the week, the rainfall reaching six inches and tixteea hundredths. The bad weather and holidays have checked
The thermometer has averaged 44, ranging from 12
receipts.
to 65. We had rain on twenty days during December, and the
rainfa'l reaclud nine inches and fourteen hundredths. The
thermometer averaged 41, and ran>:ed from 8 to 68.
Nashville, Tennessee. We have hati rain on three days of

reache<l eleven inches

VtATUDhts

Visbville
a rraveport
ff.^|rahnri7
y-nlr«hnri7

.

uiarli

Above low-water mark
Above low-wat«r mark.
Above low-water mark.
\hovp low-Wit^r mnrK

Jun. 3

81.

<wr*.

Feci.

«

h

h

8
i

2li

1

5

SO

7

16
12

ir

17

2

29

I

10
18

5

— We

Movement from all Pouts.

India Cotton

have

re-arranged our India service so as to make our reports more
had found
detailed and at the same time more accurate.
our figures, as cabled to us for the
it impossible to keep out of
ports other than Bombay, cargoes which proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
first give the Bombay statement
keeps the totals correct.
1
for the week and year, brmging tho figures down to Jan.

We

We

BOMBAY HKCBIPTS AND 8U1PMENTS FOlt POOR YEARS.
lUrr.iptt
tfrt^nMiie ii- 'OMft .Tail.

\8kipmeiUt thu veek

an Greai OorUiI

Br«'n. ncnt

1

1

\

great
Total. Britain

nmt.

1

/on. I.

Veek.l

\

2,000 6,0OO' 8,000
13S4 7,000 16,000 2 ',000
1183 6,000 2,00.11 8,000
1K82' 7.000 10.01)0 17,0;10'
t8S5

Accordmg

Thit

Conti-

7,000
r.rio

IT.OOO
53 000 30.000
8 000 27.000
17.00'>!3liiOo

Irt.OOO

2.000

li.OOO

7

10,.l'"iO

Bombay appears

to tlie foregoing,

to

30 00
27 00
3t.000

show a

liei-rease compared with la.st year in the week's receipts of
13,000 bales, and a decrease in shipments of 15,000 bales, and

the shipments since January 1 show a decrease of 23,000 bales.
The mbvemeni at Calcutta, Madras and other India i)orts for
the last reported week and since the 1st of January, for two
"Other ports" cover Ceylon,
years, has been as follows.
Tuticorin, Kurracliee and Coconada.

the week, the rainfall reaching thirty-four hundredtlis of an
inch. The thermometer has averaged 34, the highest being 67
and the lowest 13.
ShipmenUi for the week.
Mobile. Alabama. It has been showery on three days of
OotiliGreai
the week, the rainfall reaching twenty hundredths of an inch.
Total.
tient.
Britain.
The thermometer has averaged 54, the highest being 68 and
the lowest 23. December rainfall five inches and seventeen oalcntta1885
hundredths.
2,006
2,oc6
1884
Montgomery, Alabama. It has rained on tlu-ee days of the Madrasweek, but at the close there is a favorable change. The rain1855
"sbo
"boo
1884
fall reached thirty-six hundredths of an inch. Heavy frost toAveroge thermometer 36, highest 51 and lowest 30. All Others—
day.
1883
During the month of December the rainfall reached four
1884

—

Hhipmenlt tinee January
Oreat
Britain.

—

inches.

I

Jneh.

New Orleans reported below high-water mark of 1871 until
was chaji.^ed to high-Sept. 9, 1S"4, when the zero of gau^e
water mark of April 15 and 16, 1874, wliioh i.s 6-lOtiis of a foot
alovo 1871. or 16 feet above low- water mark at that point.

—

—

.....Below hlgh-wacer

« tw Orleans

8t

Continent.

I

Total.

2,000

2,6o6
..^...

506

"sbo

—

Selma, Alabama. It has rained very slightly on one day of Total all—
1885
The thermometer has ranged from 20 to 65, aver2>'00
2,l5bo
'S,5W>
2 .500
1884
aging 40.
Auburn, Alabama, It has been showery on five days of
The above totals for the week show that the movement from
the week, the rainfall r( aching four inches and sevf nty-eight the ports other than Bombay is 2,500 bales less than same
hundiedths. Average thermometer 50'7, highest 66 and low- week last year. For the whole of India, therefore, the total
est 28.
shipments since January 1, 1885, and for the corresponding
Madison, Florida. We have had rain on one day of the periods of the two previous years, are as follows:
week, the rainfall rea< hing thre- hundredths of an inch. The
EXPORTS TO EUROPE FROM ALL INDIA.
thermometer has averaged 68, the highest being 76 and the
the week.

—

—

lowest

38.

1884.

1885.

Macon, Georgia.— \t has rained constantly every day of
the week. Cotton has been marketed closely, and the quanremiuning on the plantations is believed ito be very small.
The thermometer has averaged 51, the highest being 66 and

1883.

Shipme^ilt
to all

Europe

frorrtr-

Xhit
week.

Since

Jan.

1.

Thi>
week.

Since

Jan.

1.

ThU

Since

Jan.

meek.

1.

tity

the lowpst 30. December rainfall three inches and eighty-five
hundredths.
CidumOiis, Georgia. We have had rain on two days of the
week, the rainfall reaching fifty hundredths of an inch. Average thernuimeler 47, highest 64 and lowest 22. Rainfall for
December four inches and forty-one hundredths.
Suvantinh, Georgia.— Vfe have had rain on five days, and
the remainder of the week has been cloudv.
The rainfall
reached fuuiteen hundredtlis of an inch. The thermometer
has averaged 54, ranging from 33 to 71.
Augusta, Georgia.— The weather has been cloudy and
threatening during the week, with light rain on five diiysi, the
rainfall reaching sixtfen hundredths- of an inch.
The thermometer has raui:td Inmi 30 to 70, averaging 53. During the
month of December tho rainfall reached four inches anduine-

Bombay
^1 other ports.
Total..

—

Atlanta Georgia.— In has lained on four days of the week,
the rainfall reaching ten hundredths of an inch. Average
themionieter 46, highest 65 and lowest 26.
Charltston, SiiUtli Carulimi. --it, I. as rained on two days of
tjie week, the rainfall rtacliing eight hundredths of an inch.
The ihi rmoitieter has averaged 53, tho highest being 08 and
the lowest 88.
atateburg, South C'aro'ina.—
have had rain on three
days, and Uie remainder of the week has been cloudy. The

8,000,

2,500

6,(J0a;

8,000
6.000

25.500

25,510

11,000

14.000

23.0110

8.000

This last statement affords a very interesting comparison of
the total movement for the three years at all India ports.

—

AI.EXANDEIA Receipts and Shipmknts. Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, wo now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
ALexandria. Saypt,
Dccanl>er 31
Etecelpts

teen hundredtlis.

-.

23.000
2.500

8,'»00

1884.

U83.

1883

uNantaw")—
XluB week...
Since Bept.

1320,000
2,l':3,0li0

Ihi,
taeek.

Sitice
Sept. 1.

140,003
2,032.000
Since
wee*. *;./. 1.

1 10.000
1,6^6.000

Th It

1

I

week.

Sitica
Sitpt.

1.

|[

Exports (bales)
To Liverpool
CoOoatioent...

33,0J0 190,000 13,000 H2,000'| 9,0C0 125,000
12,000 "o.ouo 8,000 «i•:,^<oo;! 4,0001 32,000

.

We

Totbl Kurone.
*

A caotttT is-OS iba.

UiiOO 250,000 21,000 201,000
t

Two

wtcke.

i:>.000|l.>7 .000

2

Januaby

THE (mUONlCLE.

18t6.]

3,

This Btatomnnt shows that tho rooeipta for tho two weeks
ending Dec. !! wore ;tjO,OOl) cantiirg and the shipmentii to all
Europe 4").0i)() l)ali<<.

market is quiet but steady. We Rivo
)-day lielow, and leave previous weeks' pricoa

for comparison.
1883-1.

H84-.>.

S2f Oop.

8I« U>$.

Tv)i»t.

BKirHngt.

4.

<l.

«.

rt.

Oot.31 9»i«-9»li« 5
Nov. 7 •!'|6-813l«
'•
9
14 S''i<a
" 21 4>9 9 9
5
" 2S :j»i«« »« 5
Deo. !\ i8,„* 9i6 5
."S

'•

a

l-Z si-j

8% 9
26 8% »

S'm
5'|«
Sll,„

oms

»7

1

»7

2

»7

'.1

8
7

«7
»7
•?

7

a7

A.

87,B» 9
8T„» 9

S
5

6
6

!>%

»

5
»

,1.

bT„»
8^ /»

ir-a

«

3
1

."iiD

.'i

7>a»7

*.

97
6 97
7 ®7
7 »7
7 »7
8 »7

5lSi« 85s » 9% 9
S>»1« 8'>8
n>fl 5
S''«
5
8»,Bi» 9
.Ma,« "3n ff S^s
838 » S'sS
6
8i8 •» 9 1.5
6

21,!

Ootfn
lb*.

akirUngi.
».

d.

d.

(i»«l»7
ft

19

d

g.

8I«

82f Oop.
I win.

Mul.
Vpl'lt

(i-^a?

9

5
9
"
9 5
Jan. 2 i^l.-O'lB a
•'

Ooten

1»7

Vpi'-t

d

\

1>9

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I>4
!>«

m
m

2iii

tail's

.'S'«a6n>i
7 <C7 1

fi

»"i«
S's
5'»1«
6
9's
61*1,
.>«•
r.i:i,e

5i3i"

—

Agricultural Department Report. The Agricultural
Department at Washington issued on Dec. 30 its report on the
yield of cotton as follows

:

Department of Agriculture indicates a smaller yield of cott >n than the returns of condition in
Ootobsr. The October avera;?e was 74, against 6iiin 1833, H-j in
the great harvest of t-iS'J, and 66 in the disastrous season of
1881.
The returns of condition in October and of product in
December have been unusually divergent this year. The first
indicated a larger crop than last year; the latter a product
slightly less, or about 98 per cent. The comparative decline is
The comparison with 1 ist
in thi States West of Alabirai.
North Carolina, 100 South Carolina, 107
year is as follows
Oeorgia, 101 Florida, 103 Alabama, 10.^> Mississippi, 94
ApLouisiana, 98 Tex.os, 89 Arkansas, 99 Tenn.-fsee, 101.
plying these percentages to our figures for the crop of 1883
they indicate a product of SO^.OOO bales in North Carolina,
60i,000 in South Carolina. 760,000 in Georgia, 60.000 in Florida,
661,000 in Alabama, 847,000 in Mississippi, 480,001) in Louisiana, 99.5,000 in Texas, .513,000 in Arkansas and 314,000 in TenThe remaining territory will probably give about
nessee.
60.000 bales. This makes an aggregate of .5,.i30,000 bales.
These figures are provisional and may be slightly modified
by future returns It is possible that the general disappointment at tlie outcom<? of tho middle and top crop have made
the December returns unusually conservative, but it is cert.ain
that the rate of yield will l)e much below the average.
In publishing the foregoing we think it incumbent on us to
add that in our opinion the estimate here given is below the

The December

report of the

:

;

;

;

;

mark.

find

;

any ground

for

such an extensive crop

thus represented. Since the first of December we
our opinion by making inquiries from our many
correspondents, and are persuaded that the yield must at least
equal livst year's, and in fact that it would be a very extreme
miuimuin estimate to put it at last year's total.
failure as

have

1884 85.

1883-34.

1882-83.

an exact oomparlaon of

1881 92.

1880-81

1879-80.

Tot.Nv.30 2.557,991 2,420,284 2,401,937 2,257.01.\ 2.493,297 2.164.407
Deo. 1....
.M..\76
32 561
40.400
36.867
26.047
.'.2.479
" 2....
34.792
8.
Bl.aj2
30,6(3
20.216
30,886
" 8...
31,48«
49,256
8.
34.006
48.897
28,110
" 4...
36,573
46,652
50,747
30,346
B.
25.678
" 5...
69,328
49,583
94.134
40.832
«.
49.608
" 6....
42.184
35,316
41,373
31.799
«3,i6e
30046
" 7....
8.
52.Hti
27,721
30.13H
36.174
8.
" 8...
53.026
64,997
85,741
40,865
29 263
43.236
" 9....
35.689
8.
25,05.'
40.286
47,eU4
31.502
" 10 ..
2!t.964
.57.783
8.
3i»,3759. IS.-:
37.914
" 11...
43,651
40 050
8.
41,' 93
48.904
33,104
" 12...
81,643
34,2034,347
8.
80,069
60.014
" 13...
31.33S
40 107
35.2 .!!
30,9 1
42,52-.
37,738
" 14...
8.
68.66.1
32,913
37,112
30,65(
8.
" 15...
56.658
40,7.tC
63,3 ;>{•
38.960
33,332
45,251
" 16....
32,675
8.
36,53
51.325
40,451
30.412
" 17....
31.541
44.815
8.
28,92i<
49.34
32.588
« 18....
37,300
41,367
49,869
8.
30,64
30.473
" 19....
68,828
43.281
35 313
45,580
8.
42,450
" 20....
24 61C
25.-260
30,4 1<
39.24^
43,27.'
31.874
" 21...
8.
47,064
35,310
26.156
37.419
8.
36,319
"22....
61,144
30.796
35.119
25,775
46.158
" 23....
40 111)
8.
45,935
45.831
32,077
23,891
"24...
26,4.57
59,78."
8.
46.5.5S
31,591
28,445
"25...
50,2327,170
32,705
8.
33.09
29,614
" 26...
53.191
21.523
3 ",039
33.552
8.
42,619
" i7....
27.328
24
32,017
23.940
49,70:
29,99.5
" 28....
8.
43 051
35.045
43,358
28.613
8.
" 29....
42.787
50 6J6
21.543
24.990
29.021
30.953
"30....
22,721
H.
53,011
43.191
17.f9)
26,918
" 31 ..
31.95
rt
42 039
2 1,709
35,58 i
20,456

03

TotDo.31 3 662.206 3,479,937 3,514,473 3,25382^ 3,454.099 3,120,371

;

:

We cannot

;

;

36

tlml lime, we shall be able to reach
the moven'ent for tho difTerent years;

Manchester Market. —Our report received from Manohestpr
to-ni)fht states that tho
tlio pricos for t

1

is

fortified

Jute Bitts, Bagoino, &C.

—The

demand

for bagging has

Jan.

1....

2...

•

10,259
19.022

19.952
18.203

43.36ii

9.

20.291

35.183

23 331

3.

15,776
30.2U8

3,' 91 516 3,518,0 i7 J.599,327 3.232.6-.2 3.474.3a3 3,163,355
PercentaK B of tota:
72-53
59-79
port reo'p ts Jan 2.
69-54
59-15
63-31

Total

.

This statement shows that the receipts since Sept. 1 up to
now 173,4 19 bales more than th.9y were to the same
day of the month in 1831 and Si, 139 bales more than they were
to-night are
to the

same day

of the

month

in 1883.

We

the percentages of total port receipts which
to

January

2 in

add to the table
had been received

each of the years named.

—

Shipping News. The exjwrts of cotton from the United
States the past week, as per latest mail returns, have reached
131,435 bales. So far as the Southern ports are concerned, these
are the same exports reiwrted by telegraph, and published in
the

Chronicle

last

to New York we
cleared up to Thursday-

With regard

Friday.

include the manifests of

all vessels

been only of a jobbing character, buyers not caring to take night of this week.
Total bale*.
until trade opens for the new year, and tiie
New York—To Liverpool, per stearaora Aiiranla, 1,338
orders are for present requirements. Prices continue steady,
Celtic, 1,754. ...City of Chicago, 1,698. ...Lake Nepegon,
1,114. ...Ptolemy. 1,187
7,091
with sellers quoting 8T:^c. for IJ^-lb., 9i^c. for l?^-lb., lOo. for
To Hull, per steamers Lepanto, 493
Marengo, 350
2-lb. and 10''4c. for standard grades.
There is little doing in
Eosai-io, 1,158
2,003
To Havr.', per steamer Labrador, 1,331
1,331
butts, though there were sales of a few thousand bales of
To Breraoi), per steamer Eider. 75
75
To Haiuburg, per steamers C'uliforula, i;6
.Moravia. 20 j..
2-26
paper grades at 1 13-16@l^c. while bagging qualities are held
To Amsterdam, per steam r Schiediim, 3'23
323
at 3'4@3i^e., at which the market closes steady.
To Antwerp, er steamer RUynland, -721
721

any quantity

i

CosiPABATiVE Port Rkceipts and Daily Crop Movement
A comparison of the port movement by weeks is not accurate]
as the weeks in different years do not end on the same day of
the month. We have consequently abided to our other standing

—

the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement since
September 1, 1884, and in previous years, has been as follows:
tables a daily

and monthly statement,

tliat

To Genoa, per steamer Mail. 1 ilartmanu, 436
Oki.e,vns— To Liverpmil, per steamers Enrique. 4,650
Humaooa, 5,' 90
Explorer, 4,786
per ship Excelsior,
3,901 ...per bark Vallona. -2,838

To Havre, per bark Inveresk, ?,«69
Bremen, per steamer Seots Oreys, 5,2S0
To Hambnrg. per steamer Olcnista, 681
To Sebastopol, i)er steamer Storm Queen, 5,250
To Geno.T, per steamer Resolute, 2,100
Charleston— To Liverpool, per steamer Iroqieer, 3.568 Upland
... per barks Ernilie. l,350Upland
Vesta, 1,902 Upland
To Bremen, per stf-aniors Enatace, 4,062 Upland and 17 Sea
T.>

Island.... Welltiekl, 4,992

To Sebastopol, per steamers
gate, 4,:i65 Upland

Upland
Stella,

3,365 Upland

UonlMy

Ttar Beginning September
1884

1883

1882.

1881.

Bept'mb't
345,443
343,812 326.656
October., 1.090,385 1,046.092
980,584
ovemb'i 1,122,164 1,030.380 1,094.697
Deoemb'i l,10«,2ll!l,059,653 1,112,536
Total yeai

i

I

71 75

58-38

1879.

458,478
968,318

333,613
8^8,492
942.272
956.464

1,006,501
1,020,802

602.205 3,179,937 3,514,17313.253,822

recHlptg Deo. 31..

1.

1880.

S8'93

3,120,871

62 39

This Statement shows that up to Doc. 31 the receipts at the
were 182,368 bales more than in 1883 and
147,732 bales more than at the same time in 1883.
By adding
to the above totals to Dixjember 31 the daily receipts since
ports this year

21,371
2,669
5,250

684
5,250
2,100

6,820
9,071

Wester-

7,730

Savannah-To

"*"'>«*•

436

Nbw

Liverpool, per steamer Shildon, 3,508 Upland
and 102 Sea Island ...per bark Emma Marr, 2,60i Upland 6,219
Havre,
To
per bark Sandvik, 1.900 Upland
1,900
To Sebastopol, per steamer Oakdale, a,640 Upland
3,640
Galveston— To Liverpool, per steamer Neto. 2,949
per barks
Jacob .\aM, 1,600 ...Observant, 711
Ocean Racer, 639. 5,899
WiLMINQTON— To Bremen, per bark Carl Max, 1,105
1.105
Norfolk—To Liverpool, par stjamer Harrogate. 4,900
per
ships Duchess «t EdiuburK, 6,435. ...Kllen A. Read, 6,425 17,760
West Point -To Livernool, per bark Ella V. se. 2,«35
2,938
Newport News— To Liverpool, persteamer Waverly, 4,804 ... 4,804
Baltimore— To Liverpool, per steamers Barrowmore, 4,559

Mentmore, 3,203

7.762

To Bremen, per steamer Amorloo, 878
Boston— To Liverpool, per steamer Istrlan. 1,827
PfULADULPui/i.- To Liverpool, per steamer Lord Qouxh, 1.388.
To Antwerp, per steamer Nederland, 1,158
"Total

The

^

878
.

.

1,827
1,388
1,158

131,426

particulars of these shipments, arranged in car uauAl

form, are as follows:

,

—

:

;

.

.

THE CHRONICLE.

36

[Vol. XL.

null.

pool.

Clisririitoo.

C.|i20

Bavanpub..

u.iia

<3»lvrii?on

.',899

.

navrt.

2,(Xt3

1,01*

2,eC9

Genoa.

Tolal

430

12.706

!,.2S0

2,100

3'7.»-li

Of wliich ppeculators
Bales Aincncan

23.«.;i

Actual export

1,900

11.759
5.899
1.1"5
17.TC0
2.935

Forwarded
Total stock— E-irlinatcd
Of wlUeb Ameriiau— Estim'd
Total import of tlie week ..
Of wlilcli American

....

.

1,105

WiliiiiiiKton

Norfolk... 17,TflO
Wost Point 2.!>3.^
4.-C4
>iew|><irl N.
7,762
BaJtiinurr..

Bocton

1.8L'7

PliUiidGlp'A

1,3^8

4,>-04
8.fi40

878

1,S27
2,046

1,158

Of

wlii'

,5,000
5,00(1

h exporters took
took..

27,000
10,000
42,000
503,000
316,000
1 63,000
130,000
2«6,000
284,000

Amoiiut afloat

Of wUicli American
*

Jan.

Dee. 26.

2.

*67,000
•3.000
-6,000

37.000
3.000
1,000
24,000
11.000
39.000
529,000

45,000

bales.

loaol.
......

7,730
3.640

9,071

wepk

Sales of the

Sehnt,

werp.

burfi.
3< 1

i,»-ai

<*

Ham- Ant-

<f

Liter-

Vev York. 7.0P1
M.Orlfcoa. 21,S71

Dec. 19.

Dec. 12.

A mtler-

Brrmen dam

11,000
'17,000
•4:^,000

601,000
417,000
•104.000
•163.000
287,000
20 i, 000

33i>,000

108,000
78,000
328,000
307,000

For two weeks.

of the Liverpool market for spots and futures each
day of the week ending Jan. 2, and the daily closing pric«f
of spot cotton, have been as follows:

The tone

84.376

TOUI..

2.003

6.40017,239 2,202 16,620 2,536 131,426

Below we add the clearances

this

week

of vessels carrying

down to
ootton from United States ports, bringing our data
the latest dates:
Simoon. 5,508.
«Al.TMTOK— For Liverpool-Dec. Zd-Steamer
Siw ORLK*sB-F..r Lverpool-Dcc. 2rt-8teain.r Cadiz, 4, <50... Dec.

'

27_:M,.nnMr BarreloiiM, 4,130... Dec. 29-8teaUitrs California,
3 :i2f»; Mll»iie»e, 5,.si 0; Venezuelan, 3.250.
For'Havri-D<c. 20-8tcanierOboi;k, fi,0f5.
Dec. 29For Iinnicn-Dee. 2B-Steaiiier Meiapedia, 4,626
Slfauier Otway Tower. 4.300.
5.020,
Colon,
Cristobal
Sreaiuer
27—
For Barcflonii— Dee.
-^Tr,UllK-F<rLiv.rpool-Dee.27-Ba^kKeutl^;erH, 11,600.

«AVANNAU—KorLiverpool—Dee. 27- SleamersDuiil'oluie, 4,110; Ever31-liark
est. <,444... Dec. 29-Baik Hclsiuijor, 1,651. ...Dec.
f-'aion.

1,529.

For Bienien- Deo. 3C—Steamer Storra Lee. 4.56 (.
ForB»rcili>na— Dee. 27-Sleamer ttiltou, 4.h3i).
CBABLKSTOS-For Liverpool Dec. 27-1 arks Arc.', 2,001 C. F. FonclJ,
1,587; Solid, 1,516.. ..Dee. ^O-Ship Annie Bingay, 3,278.
For Havre— Dec. 27— Bark Sirena, l.tOO.
Deo. 29 -Bark
For Baicelona- Die. 27— Steamer Llangorse, 4,350

Market
12:30

Wednct. TKurtd'y.

Saturday Monday. TueMday.

Spot.

6%

6i8
•a

Futures
Market,
.t,j

6
6>8

6>6

10.i>00

8 000

10.000

1,000

500

5oO

Flat St
2-64 de-

12:30 r,

Market,
5 P. M.

8.000
1.000

Steady at

Partially
l.fl4hlghV

Gllae.

Steady.

6

6

6

Spec.&exp.

Firm.

Quiot.

Steady.

p. '^.\

Mid. TJpl'ds
Mid. Orl'ns.
Sales

Frxday.

Partially

4-61 ad-

1-134

vance.

hlghV

Easy.

Steady.

:

—

Teiestt I/ivico, 1,700.
. „
.,
^•liJtlNitli'X- For 1 renjen— Dee. 26— Bark I'UKnsDS, 1,813.
KuUFoiK-For LiverpiM)!- Dec. U6 Steamers Cacouua, 1.323; General
Napicr.4,266; barks Matilda C. Smith, 2,347; Osborga, 4,216....
Dec. 27— Steamer Elpii-, 5,737.
For Br.-m« rliavcn-Deo. 30— Steamer Hermann, 3,461.
Dee. 24—
Boston- For L venool— Dec. v!3— Steamer Missouii. 2,356
Dec. 26-Steamer Ceplialonla, 552
Steamer Bavarian, 1.767
Dee. 27-8teniiier Koman, 2,193.
BAlTIMOKt-For Livcrpo"'.— Dec. 31— S'eamer Cily of Trnro, 1,232
Dec. 31— Steamers Citeas-iian, 1,985; European, 2.156.
PaiLADKLPBiA-For Liverpool— Dec. 30 -Steamer British Prince, 350.

—

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.

1^" The

—

Below we give all news received to date of disasters to vessels
carrTing cotton from United States ports, &c.
Oallego, steamer (Span.), from New Orleans for Liverpool, which put
into ilavaU'i wiih Ioks of rudder, had completed repairs Dec. 28
In 8ail, when a lire broke out in her coal bunkers,

and was ready

It was extiuguished. Her
dam»;red.
LiOBD O'NEii.L, sti anier (Br.i. from Norfolk, Va., for Liverpool, arrived
at (^ueeustowii l^ee. 2i) wiih shaft broken, and in tow of steamer
Noruiantou (Br.-, Walher, from Liverpool lor New York.
JfABSKIii-i-:. steamer (Fr.), from New Orleans for Havre, arrived at Havre
Nov. 18, making water in her stern tube. Slio went into dry dock.
Her eletu was liroken, and her bottom requires new riveting.
OBSIK'. Rteami'r (Br.), from Charleston for Bremen, arrived in the
Weser Dee. 8. She h*) to Jettison aliout .'iO bales of cotton from
lier deck-toa<' during the voyage, being too crank.
OXENIiOi.wr., steamer (Bi.),froni New York for Liverpool, which arrived
at C^ueeustown Dec. 19 on her beam ends, with cargo shifteil, and
which was towed ashcre to prevent her sinking, was floated, and
she ariived at iverpool Dec. 'J3.
FBU(ciri.\, steamer (Br.), from New York, which arrived at Antwerp
Dec. '..'4, fell sliurt of coal, <and was obliged to burn a portion of
her cargo to reach port.
fiArrillKE Hleumer (B .). from Now Orleans for Bremen, before reported
ashore at Nieuwe Dlep, culil not on Dec. 17 be
a. worse piif illon for saving cargo
fishermen were picking up bales of cotton,
thought to bo fr^im the deck-load. Some bales of her cotton had
washed a«hore ou Texel, and over 100 b.Ue8 reported picked up
it was thought ihe hatches had burst up.
-^—
Several l)ali^8 of cottim wore passed floating aboit near Nerdeiney. by steamer Braunschweig (Ger.), which arrived at Bremen
Dec. 10 from Biiltimoro.
Some ball s of cotton have washed ashore, 41 bales on Araeland, 4 at irar]ing.-ti and .1 Ort SchiKruiiinnikuog; some are marked
apparently J.V.S., U.S.. S.W.I',, and W.A.H," but the greater
number aie wlihoiit vi.-lblo marks. They proba'dy are part of the
cargo of steamer Tymmouth (Br.), stranded at Terschelling.
Thine -n bale.-i of cotiou have been picked up atloat in the
nelghliorhood of Heligoland. .\ few or them are marked " U.Y.A.,
8.S.U., aud M.O.Y." The marks on the rest ciunot bu deciphered.

caused by Hiontau>ou« combiuilun.

waa

cariro

nt t

0j>«i

;

^

.

.

—^

EMih Low.

d.

A.

CIo«.

d.

d.

March-Apr.

5P0 5 60 a 59 5.19
5B0 seo S5» 5 59
560 5 60 SB« 5 5U
SCO 800 5 63 5fS
ec4 eoi 6 03 6 03

April-May

6 08

December.

Dec- Ian....
Jan.-Feb....

Feb.-March.

&

..

1
a

6 08

j

8 07

6 07

June-July..
luly-Aug...

ei3 612 611 611
6 16 6 16 613 CIS
aiii 81U 618 6 18

4ug.-'fept...

...

....

Sept.-Oct...
Oct.-NOT..

....

May-inne

5 62 means

and 6Uhs, thus:

Mon., Dec. 39.

Sat. Dec. 2r.

.

December.
Deo.-Jan....

....

....

Wednes., Dec. 3t.j

(

m

prices are given in pence
6 03 means 6 3-64d.

and

5 62-61d.,

Open

Hig)l

Low.

aioi.

d.

d.

d.

d.

600
600
eto

8 00

6 00

6 00

6 00
6 00

5 81
3 81
8 01
8 0S

5 61

Jan.-Feb ...
Feb.-March. 6 04

604

....

6 23 6 20
AuK.-8ept... 8 31 6 24 6 24
....
....
Sept.-Oct.
...

Oct.-NoT~..

....

d.

5 80
5 80
5 80

5<10

SCO

5 60

380

5
5
6
8
6
8

60
60
00

560
663

01

6U1

08

6 08
6 12

5 80

HOO 600
8 04
eo:<

8 04

8 13
8 13

6

608
118

19
....

6 19
....

....

Brl,,

Jan.

'.2.

aios.

5U3

5 83
5 83
5 02

5 82
5 82

6 10

8 0U
8 13

13

6 18
8 30

8 18

8 81

8 14
8 17
8 21

8 21

8 24

8 23

806
8 10
8 14

6

17

801
3C6 6(5

5 82
6 01
8 05
8 09

620
623

....

week have been

BRE ADSTUFFS.

as follows:

Friday, P. M., January

Uverpool, steam

Do

<i

Satur.

Kon.

Tuei.

"t4*

ho'

3i««

"m*

«H»*

V

v'

»'M*

"m'

"S2'

65«

55't

56t'

Wtdnet.

Thuri.

Fn.
3i«*

sall...i<.

'Havre, steam
sail

e.
e.

Bremen, steam. .e.

Do

sail

Do

sail

e.

Anut'd'm, steam.e.
ail...c
Do
Beral, stekni
sail

d.

55t

.
11
•
»i6-"sa* »i«-"sa* »i«-i'»a'

ao
n

551

e

Barcelona .steam.e.
<tonoa, steam.... e.
Trieste, steam... e.

Antwerp,

''l«»^33*

e.

BMUborfc steMD.c

Do

815

....

5 83
5 63
8 03

6 20
6 34

6 00

.

Xjotton freii(ht3 the past

Do

813
619

6 15

819 6

\2

Open Bigk Low.

.

July-Aug... 6 23

4.

1.

3

d

d.

....

5 81
8 01

8C6
March-Apr. 6 0S 608
April-May.. 813 812 609 6 09
May-Juno.. 6 18 6 18 613 6 13
6 SO 820 8 18 8 18
June-.luly

Low. CUX.

iJven £n9>i

....

....

Thun., Jan.

Tara., Dec. 30.

steLam..e.

•sa*

19,

»18*

The increased firmness

market

2,

1885.

wheat flour noted
in our last has been followed during the past week by a general
advance in prices, amountiag in some cases to fully 25o. per
bbl., or in that proportion for sacks. The demand early in the
week was very active, but as prices improved there was less
doing, but this was in part due to the New Year holiday. It
is believed that the severe cold in the Northwest has restricted
production to some extent. Rye flour and corn meal, though
firmer, have not recovered the recent decline, but buckwheit
flour has done rather better.
The wheat market has attracted much speculative interest^
causing a sharp advance in prices. Foreign advices and Western,
accounts have alike been regarded as more favorable, and the
general situation, as

it is

in the

for

likely to affect the future of values,

isi

believed to have improved. On Monday and Tuesday thereOompraHed.
t Per 100 lbs.
was much excitement, the "short interest" covering contracts
LiVEBPOOL.—By cable from Liverpool, we have the following
very freely, and there was much buying for the rise. On
•tatement of the week's sales, stocks, &c., at that
port.
We Wednesday, the eve of the New Year holiday, the demand
«dd previous weeks for comparison,
was less urgent and the close was at a considerable reductioa

.

January

THE CHRONICLR

1885.]

8,

1

1

.

.

87

from tlie best prices of Tuesday. To-day there was a reThe destination of these exports is as below. We add the
newal of gpcculntivo activity and buoyancy, on reports of corresponding period of last yoar for comparison:
damage to tli« wintor wheat by the weather in the Northwest,
Jlour.
Wheal.
Oom.
togethurwith smaller stocks and higher prices abroad.
Exporit
teeek
NO.
for
DAILY CUMDIO PRICES OF
1884.
2 BED WIJtTKR WHEAT.
1883.
1884.
1883.
1884.
1888.
Hfon.

Tiiea.

In rli'vntor
Jauiiiiry ilellvcry
Fulirimry ilcllvury
Mitri'h delivery

F4'a

86

87

63
85

84

f'^

68%

Apnl

89'8

Sat.

iliilivci'y

><

8-.'»

663s

8739

OOSg

80 >9
01>.
933^

Wed.
87
85 U

Thur:

8931)

89»a

01 »H

ifon.

Sat.

vntor

66

January delivery

48^

61
4858

Fchiuiiry <lult%'ery
Mhii'Ii delivery
April delivery
May delivoiy.

47

47^*,

Di>conil)er ilolivery

75
75

Wed.
75
75

48 Ja

4.81s

Tuet.

6J

5:!^^

been

Brit.col'g
Oth.c'n'ts

car-

Total...

47%

47'9

47 '3

47>4

48 ^
48

4714

47 18

47

46''8

4G''9

,

WMile.

Week.

Dee. 29.

Dee. 27.

BMs

Bblt.

95.492

60 159

4,4H!«

14,469
S.468

W. Indies

96

FH.
54 >s

T/turs.

ITn.KI'ig
('"ntln'nl

93^ HA ('.Am
95 >«

91

and
on Tuesday to 75o., at which the market closed on Wednesday. Other grades and more distant deliveries were slightly
firmer, but did not sympathize with the fictitious price to any
material extent. Today corn on the spot was held higher
and futures were generally better, with brisk dealings on
January and February contract?.
DAII.T CLOSINO TRICES OK NO. Z MIXED CORN.
cl'

We*k.

Dee. 27.

88

87ifl

a
Wii.\ <lillvt>ry
92 !«
01
oa
Juno dcllvury
04
The chief feature to the speculation in Indian corn has
the "corner" on December contracts, which on Monday
ried the price for No. 3 mixed for prompt delivery to 61c.

In

to-

Fri.

89

Btuh.

667,978
60

Week.
Dee. 20.

BuKk.
301.117
50,760

Week.
Dee. 27.

Bush.

Busk.

685. 808
182,4.32

0,757
9.082
8,612

11. 090

78,812
9.409

7,940

347

596

400

127,779

By adding

100.522 1,395,743

this week's

movement

351,877

Week.
Dec 70.

957,011

218,303
186.714
8.73»
6,246
3,0OO-

453,141

to our previous totals

we

have the foUoiving statement of exports smce September 1,
this

season aud last season:
flour.

Vwortsstncf
Aug. 26,(0—

1884.

Wheat.
18X8.

25 to
Dee. 27.

Auo. 87

A.UO.

1884.
.^u;. S3 to

to

Dec. 29.

Obm.
1S8S.

Dec. 27.

27 to
Dtc. 20.

BU'ft.

Btuh.

Artfl.

1884.

Auo.as

to .4U|I.>7 to

Dec. 27

Dec. 29.

Vn. KInKdom

1,047,502

1,983.231

10.935.222

10.4t2.643

Bush.
6 737,873

Continent
S 4r. Am...

190.183

143 252

12,263.11)3

6,121 203

i,iao,6e!

3.082,211

2.'7.912

34,903

. .

'

Indies.

233.829
803.8 6

I!rit.Col'nleB

203217

291.619
272,64;

Oth. ooontr's

12.473

14.376

West

43

TotAl.

146
18,718

Bush.
11,891.260-

5.17

406.081

439,108

21,538

132,18-'

16't,S4»

8.010

88.679
55,070

76.848
106,125

800

8.001.560
2 937.(181
15.56 1.!i93 "7.409.981 15.783MJ1
Rye is slightly firmer, in sympathy with wheat, but has reThe visible supply of grain, comprising the stocks in granary
mained quiet. Barley has had a moderate sale at about steady
prices, but closes dull.
Oats were in brisk speculative request at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Deo. 27, 1884, was aa
early in the week aud prices advanced J^c. per bushel, but the
follows:
movement subsided on Wednesday, and part of the advance
Wheat,
Corn,
Oats,
Barley,
Rye
Tii store at—
bush.
busk..
bush
bush
bush
was lost. To-day there was a stronger market for lots on the New
Yoik
.35i,!)79
8,9!)2,H12
654 986 169,370
65,4 4
Do afloat (est.)
112,613
117,280
spot, but futures were without improvement and rather quiet,
184,490 224.5;jrl
Albany
',!6,0«0
f.9,000
1.600
167.000
]3.30f
No. 2 mixed closing at Si^^c. for January, SlJ^c. for February Kuttalo
2.4.'>5.i00
2I,IX>0
10.000 3rA>,:>00
27.000
Cliiiiijro
13,479,785 1,475.219 499,131
86,872 101.403
and 3oi^c. for May.
Newport News...
238,180

The following

are closing quotations

Milwaukee

:

9 bbl.

Buperflno
8pi lug wheat e.ttraB.

$2 31® 3 00 Sratheni bakers' and
.f|!4 6ji» 5 25
2 403 3 10
family brands

Bye

3 3

Pateuts

3 Bil<» 5 OO
2 8i» 3 3.'>
4 ( 09 5 15
4 2">» 5 .'>0

Caty smprlii); ex
Boutb'n stip'g extras.

3 00 4 4 60
3 10 4 4 35

WlutcrXX.

flour,

superflne—

Com ineai—
Western,

<ko

BrandywlnB.

BucKwheat

3

2ja

3 50

3

00«

a

3 2.>
3 Jj

003

2 15

<*;o

flour per

100 lbs

2

GRAIN.

Wheat—
Bpnng,per bnab.
Byrlng No. 2
,

Bed wint«r.
Bed winter

No. 2

White

C>>m— West. mlx»d
West. mix. No. 2.
We«t. white

Detroit.

I

80a

2

Minn, elear and Btr.i't.
Winter sliipp'g extras.

72
83
84
73
8)
46
b3

9
0
a
It
-a

a
a
®
a
»

60 ® 61
65 a 67
32ia» 3.=;
34Hn» 38

Bye— Western
92

State

Oata— Mlxea

85
86
93

White
No. 2 mixed
No. 2 white

8 'J
641a

....

3414
3ti

Buckwheat

43
Canada. 80
No. 2 Canada
73

Barlev-No.

»

.54 19

1

a

0.-iwejro

36 S

O 51
o

I

Umia

St.

Cinc.iuuati*

Boston
T.ironto*

Montreal
Philadelphia

.1.

Wheat.

Com.

OaU.

Barley.

Bat.

mtu.imibf BlM/l.80 tbf Buih.56 U).. ButKailhi- Biuh.4»lbt'Biuh.BIMChlojgo
Hilwaukee..
Toledo
..

2.620

....

15,703

748,240
402,441
94.205
63.65!
33.800
133.109

700

1.800

4:,ifl7

&4.0il

8.600

Detroit

1.66'

dereland.
8t.LoDis
Peoria

Dnlath

797,230
9.600
33.787
36.791

6.500

271,389

197,87 J

22 804

2S,lfiO

64.227
2,300
22,937

2,420

2,180
14.03}

3,417

75
43,600
12,600

8.ii00

148,300

18.000
60,860
100,400

1.881.237
I,25S,804

1,719.433
2.147.791

695.918
634.624

345 618
322,875

37.471
124 238
99,047

6il5

225

Tot.wk.'Sl
'83

183.5S2

150 651

6,50U

'/2

260,371

1,500,638

2,510.236

1,759,340

533,863

Biace Jul]/ 28
1881

4.743.625

71.149 .374

4 43 I.SS7
4.507 4>(6

50 M5.H40

38,438 422
61.998.005
33.475.531

29.370.886
31.908,319

0.559,389
11.490.316

5,180,531

25.801005

8.'Ri4,228

2,401.070

188:j

1882

...

50.817.119

3290.305

The exports from the

several seaboard ports for the week
ending Dae. 27, ISiH, are shown in the annexed statement:
Exports

from

-

Wheat.

Oom.

Biuh

Buith.

678,550

378.917
52,445

59,66i

136,8^8
41 1,204

rtottr.

Bbl:
86,610

Oatt.

Sye.

Bush.
81,760

Bush.
16,836

360
2,364
6,529

95,45»2

385

1.58.052

December

2,00.")

1,101
3,874

i"095
2.000
1.3.5(K

31,25«.

70,000

22,211

20.

THE DRY GOODS TRADE.
Fbidat,

The market

P

M., January 2, 1883.

for dry goods has been characterized by the-

same general features usually witnessed at the close of theyear.
But little new business was done by the commissioiv
houses,

local

too busily engaged in taking-

jobbers being

account of stock and making up their semi-annual balance
sheets to bestow

much

attention

upon merchandise, and out-

Peas.

that their joint operations were only moderate in amount.

Toward the close of the week there was, however, a freer
movement in certain fabrics on account of former transactions,

and in

this connection

very considerable quantities of

staple cotton' goods, shirting prints, lawns, piques, etc., werft

distributed

among

local jobbers

kets in the interior.

and forwarded to remote mar-

as a preliminary to " stock-taking,"

bers effected

and
some of the leading job-

In accordance with usual custom,

liberal sales of domestics,

prints, ginghams,.

by means of low prices; but the jobbing
Bush.
830 trade in the regular way was of limited dimensions.
Domestic Cotton Goods. There was a meagre demand for
5,797
plain and colored cottons at agents' hands, both jobbers and
dress goods, etc.,

31.6.)1

2 no'. 07 2
22;(.485

90-',430

7510

of-town buyers were so sparsely represented in the market-

339,999

Same wk.
Same wk.

396,932

875

467
200

4,124,012 2,319.974 1.935,587 624 313
4.326,7H2 2.'i 10 9)8 1.956 -5-( 635 1.36.
3"i,fi07,400 9,69<,04t 6.2 '9 342 3.--'92,l;»6 2.673,349
21 018 017 9,101.137 4.42.3,374 3,010.i54 l,47.-,' 8517,762,769 16,861,137 2,747,274 2,972,274 1,301,723.

'84.
i)pc.-.il, '84.
Dec. 29, '83.
Dec. 30. '82.

We

flour.

102,5 10
2,612
4,769

481,191

2

39,814

43.382.190
43,>M8,451

Dec. 27,

T)r. Dec.31,'81.
*

368

8 0,i4

6.400
55,335
3J2,6 6

Oarall

I'ot.

6,535

7,922
59,100
841,609
871,190

Haiti more

TT.

12, '^98

15.511

58,663
9 825
520,259
44,610
44,507
33 lu8
12<,221
38,770

8,007
65.fi90
52 01

99 410
89 0;ie

D iwt MiBSissippl.

T

21,853
i:o9.>i
357,194

95,861

28 466

1,108,1 3i

Indianapolis
Kansas City

.t.

4,473
3 ).2')5

491,728
1,179
2,562
120.93 >

Peoria.

3H2 T

83
5.1
51
® 76
White Si)u hern..
49
51
State, two-rowed..-. 56 -a 58
Yellow 8u)ithern.
49
5i
State, six-rowed .... 66 9 70
The movement of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange.
first give the receipts at Western
lake and liver ports, arranged so as to present the comparative movement for the week ending Dec. 27 and since Aug, 1
for each of the last three years;
BeeMptt o(—

3.610,190
4 135,370
2,805.735
549.743
212.0:0
2,502,253
51.978
145.961
188,579
282,333

Uuluth
Toledo

PIOtJB.

Fine

..

—

50', 100

79',2'j6

1,395,743

957,011

127,779

81,760

69,236

6,627

3.11.877

453.141

100.522

438

26.011

40,001

the manufacturing trade having seemingly resolved to defer
operations until later on. Some large blocks of goods werecharged up by agents, and delivered to local and interior
jobbers on account of former transactions, but new business

was

light

and unimportant.

Cottonades, camlets, and woTeaa

——

.

THE CHRONICLE.

38

Mid printed cheviou were more sought after by Southern and
Soathwestem buyers, but only a moderate business in these
Print cloths ruled quiet, and 64x64
goode was reported.
" spots ' were a trifle easier, closing at 3 3- 16c. flat, but 64x64
"futures" remained steady at Zlic and 56x60'8 were unchanged
at 2 13 1(Jc. Prints were mostly quiet as regards new business,
but large deliveries of shirting styles were made in execution
of back orders, and such was the case with printed lawns and
piques. Oioghams and wash fabrics were in fair demand in
this market, and considerable orders were placed for desirable
,

medium of salesmen on, the road.
DoMBSTic Woolen Goods. — .Although there was a fair
movement in certain makes of worsted suitings and coatings
makes through

the

(»lso choice all-wool cassimeres

and

trouserings), in extcution

of former orders, the general demand for clothing woolens
was conspicuously light and discouraging to both manufac.
turers and their agents. The clothing trade are not only
cautious, but apathetic, and jobbers are placing orders for

spring woolens in the most conservative manner. The results
of the past year's business have been unsatisfactory to most
manufacturers of men's wear woolens, but a few of the best
appointed and most ably directed worsted mills have probably
returned a fair profit on the capital invested. Jersey cloths

ccntinued in pretty good demand by the manufacturing trade
but there was a comparatively small business in cloakings
tricots and sackings, while other woolens adapted to the
wants of dry goods jobbers, as flannels, blankets, worsted
dress goods, shawls, skirlx, etc., continued in very light demand at first hands, but fairly steady in pri('«.
Foreign Dry GIoods ruled very quiet in the hands of importers as regards personal selections, and the order demand
was almost wholly restricted to small lots of specialties
actually needed for the renewal of assortments. Importa-

coming forward slowly, and there

[Vol. XL.

Exports or liCadlus 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 exports for the years 1884 and 1883:

Afllica,

pota

bbls.
bhls.

Aslies, pearls

Beebwax

lbs.

Breailstuffa—
Fiour.wlicat
Flour, rye

bbls.
bbls.
bbls.

Com meal
WUcat
Rye

bush.
busb.

Outs
Larley
Peas
Corn
Caudles

pkgs.

Coal
Cottou

tous.
bales.

bueli.

buHh.

busU
bush

Domestics

pkjcs.

Hay

builes.

Hops

bales.

Naval Stores
bbls.
bbls.
bbls,

Crufle turiientine
Spirits turpeutliie

Rosin
Xar
Pitcb

bills.

bbls
owt.

Oilcake
Oils-

Whale
Sperm

gals.

ijjrd

gals.
gals.
gals.

gals,

Llnseod
Peti*oleum

ProvisionsPork
Beef
Beef

•255

bbls.
bbls.
tierces.

3,-203

ISS.OS'I

761
716

49,679
42,499

lbs.
lbs.
lbs.
lbs.

6,719,538

212,1 68.f.G7

33-1.200

IP, 1 82,8*0
90.476,223
150,160.154
20,643
32,362,302
85,340
Sl.oHl
6,633,589
102,018

Cutraeats
Butter

Cheese
'.

Larrt

3,2J2

5,681,690

Rice

bbls.

5t 9,593
3,961,897

35
35?, 103
483
352

178,971
48,7(.a

48,510
290.319.884
1 8.704,789
95,035, .=.9»

20o,yo7,8oa
20,!ilZ

ample reason Tallow
lbs.
37,9.'. 1,393
Lbds.
99,835
for the belief that orders for the spring trade have been Tobacco, leaf
Tobacco
bales and cases
51,717
placed in the European markets with a much greater degree Of Tobacco.manufactured. lbs.
94,656
6,703.871
Wbaiehnno
... 1!)?
4,493
23S,394i
caution than in former years. The jobbing trade was mostly
quiet, but a fair distribution of assorted goods was made (at
low figures) by a few leading firms, who make a point of
offering extra inducements at the close of the year In order to
Receipts of Ijcadlns Articles of Domestic Produce.
get rid of their surplus stocks.
The following table, based upon dally reports made to the
Importations of Dry Goods.
New York Produce Exchange, shows the receipts of leading
The importations of dry goods at this port for the week articles of domestic produce in New York for the week ending
ending Jan. 1, 1885, and since Januai-y 1, and the same factf with Tuesday last also the receipts for the years 1884 and
tions are

is

;

1883

for the corresponding periods are as follows:

H

t ^

CO

Week ending

r.
3:
r:

m
6:

;

i

:

?
g:
1;

£.

i
B:

:

6; S

:

!

:

:

Si:;i3

:

•

:

:

:

:

:

KHt_-K>

:

BeaiiR

I*.

K

CIS

X (4 X •-

to
3i
*r

1

M

Z

7

•-

W
»
'•M

R
n

-It-:.

ecu

^^

,

c

l^voSa
;J^5-..^s<»»
1

1

•UCllOUQO
>n

WW MM

5

*

^

"IMC NOD
«)_

g I?

s
1

ao

l-t

ii

ytOQOXQD
B

8
O)

M^ ^^
« '»
ct a b
U M — -4W
-.1

tOOOQD*JO

S£S

M

kO

MA.

eiO"'tcM

?l.»l*
H

^

5

n ^

*>oo5a«

B

p-«*.bA

jj
CO

1
V

I

S

:

Mt-.^lOU

*J
9E

1

OtOODXOO

•"

s"

*

>

<-c»K,uaD

2

M
aoo«ov
KMOIWO

2
•X
??' c

tC tS

it^

1 p8

ft

> CO

K or C X O 3. 03 * s
s f'l
K
0: ICIO to tS
aoixcflo

St
qa(i06ia».-i

{T

MH*

5

5

»^vJC0C3

S?

% »

1

-

*^

tCCO

oooeco-jt
tOt9CMC0<X>

COCM

cot:

w
I

Tear 1683,

i

oc

A

20

IOOmVj"^

a a a -£ C7 o

IT
1

...bbls

28

4,.567

...bbls,

2,458

66,792

5,530
62,496

6,060,211
201,793
3P,527,425

27,7:)4,701

Corn
Oats
Barley
Peas
Cotton
Cotton seed
Flax seed
Gi-ass seed
Hides
Hides

i

108,730
216.825
5,500

..brjii.

403,tl48

19.541,(lo7

..bush.
.bush.
..bush.

11' ,81,0

3

.

.

,

.bales.
...bbls.

.

oil

...bags.
...bags.

No.
.bales.
. .bales.
..sides.
.

HoiH*

Leather
Lead

,

Molasses
::hte
Molasses
...bbls.
Naval Stores
Tiupcutiue, crude ...bbls

Rosin

Tar
Pitch
Oil cake
Oil, lard
Oil, whale...

Peanut*
Provisions—
Pork
Beef
Cutmeats...
Butter
Cheese

Eggs

324
90,230

H84
198

100
885

..pkgs.

9,713

7,;;01.998
2;>5,0d6

1,382,289
64,374
354.598

2U,3H3
137,061
65,387
75,b75
2,933,954
519,181

96,135
3,099
110,274
407,754
24,892
3,459
458,639
7,785

150

6A92

2,iV7

99.634

87,352

..pkgs,
..pkgs.
..pkgs.
..pkgs.

5,698

111,175
34,307
883,293

149.273
38,883
1.017.446
1,560,961
2,468,714
732.162
479.370
314,686
48,995
71,554
135,071
19,676
2.905
12,506
79,749
162.610
109,382
245,111
166,5&3

533
31,210
18,102
16,416
6,228
13,S25

:;'.X

1,563

..pkgs.

3,340
2,588

..slobs.

..pkgs.
...bbls.

..bhds.
..pkgs.
boxes leases.
..hhds.
,

i!

...bbls.
.bales.
.

2,280
79,270
365,834
23,716
1.361
483,681

6,038,668
35,419.834
19,018,078

..hags.

Sut-ar

Toluicco.,.,

6,6t8

3,200
40,251

6,309,050
167,659

...bbls.
..galla.

Sugar
Tallow
Tobacco

2,923
3,031
1,054
1,7S6
46,513
3,152

81.9.'.0

2,339-

Rice
Spelter

4,28li,99.:

8,121,083
8,5S7,0ll
263,472
1.083.852
60,501
160,670
193,741
151,87l
69,188
111,983
3,127,621
366,198

3,876
127

&bbU.

tea.

Lard

2.961

. . bbls,
...bbls.
...bbls.
...bbls.

.-.-^'bll

Hogs, dressed

Whiskey..
Wool

(H
i

...bbls.
...bbls,

...bush.
..bush.

,

8t<!ariue
'^

c

^

o ptDOacd

aw

Ci

^

MMi*k|^tO

CO

oco

wheat

Wheat
Rye

Liird
•

Ga«o

Flour,

Ooni meal

Tuii)entine, spirits

r
K
V

tavf
3D

,

Bicadstuffs—

•

1

:

00

Ashes

S

«)

00 rs

Tear 1884.

Dec. 30.

§11

:

%
S

:

263
74
3,131

567
1,632
1,323
7,091
1,630

1,586,834
2,464,837
849.757
368,639
183.397
66,807
79,793
124.190
24.951
14,733
19,615
57,280
188.438
107,254

346,523
1 0,935

.

;

:

JaNUAky

:

.

1885.1

3,

IBauTi *tatcittcttte.
I

.

N ATIONA

KNTA I.

s

'

'

I.

un

bUHltu*r>^

t»f

.'l.iso

ih») '.!0:hdujrof

THE

CHR01Nl(n.K1

%Hnh

iltittcnicuts.

i

ItKHUltnCKK.
»3,40!l,nfl 81)
.. '*' "?
118.000 OO
818,!«H 5!)

Ovi'tilrutm
,

I'

^cour.. .iiiiul.illi.il
'.-m....

I,,

1.,

,.

.,

!• ....

....

r

1)11.

I)u.

47.010 IH
34.laB IH)

..(llttXOS p»l<l
f

uthtr b'kn

«4
l.HTH.San i4
161.su OO

MIS

li„iKriirii...!
.

Swi'i...

i;i

.

.1

iri

|,

for

.Hit

Bills

S5

U. ^ ctf/..of

00

f8,03:;,016 &7

11,000.000 00

I

1800.000

(10

iin.noi

Ki

.iu»

i

(W.O
00
H.560 18

niitstnnrtlTie

k ii.ites
'

i.

ll-.l,«!II.050 SO

ki.b-lO

1.8UM.001 22
H,1S9 <M

.;ka.

»8,!K16,W5 57

Tc.till

8t»te of New Vork, County of New York, n:
KKEiiEii'C Taylow, Cii»hier of the aboveI.
tho ubovo
oaiii.'.t bunk, (l.j it'.teiiinlv sweiir that
stHl'iiioiit IS tnic. t<. the boat of my knowledKe uml

KKKOKIUC 'lAVLHI,

K.IIMl'Nl)

al New Vo.-kCity. In the
of New York, at the close of business Oecem18S4
KBSOlTltOES.
H0.S48.I 32 TJ
Loans, iinrt rtisoounts
'.o-.10.260 35
500.000 00
secure circulation (4)ft)
t.on.Is and iiK.rtKUKes
It.OOO 00
II
hor national banks
1.481,110(50
1)111' !;• :n itlior banks and bankers
2T3.204 20
2B0.OO0 00
Ktal ..st-ite
7.170.021 :i«
Kxolmiitics for Clearing House
Bills lit other banks
223,193 .0
HO b7
Frac'
pap*-rcurrcnc/. nlckels& tents
2,8«Sr)4il 00
Spi.-ii.
LvKal tender notes
ftH.tOO 00
**.
Tre..gurer
Ue.leinptI n fun with U.
(Spcr tout of circalHtlunj
22.300 00

BA.NKl MJ AS^O^;lA loN.

Slat.'

w.

ber

'

•

I

.

I

,,.«..,.....

....

.

dop

(Kl

$4,4J«),4an
1!I,«)H

elniulatiun

,..- .11.1.

L'o

I

lol
B.OHO.cait
i.m'<.'iOi

.'^O

I.

00
00
00

i-ia.-i

2.740,()'i0

$3,200,000

(X)

6411.000 00

44
OO
93
31

liemand cortill.ial.'-s of ili. posit
Cashier's eh.H-ksoiit.»l;niilini;
Duo toother nation il banks
Due lo^tHte banks and bankers..
Total

105.973

7'l

8(1,120

(W

9,';(J0,2.I5

14

411,774 70

.>S1,37«,977 4/
StateofNew York, County of NewTork,^»:
1, Hk.vky BliCKHOUT.Cashl rof the.iitove-namod

bank, do solemnly swear that the al.uve stateuKint
Is true, to the best of niv knowledge and belief.

HKNKY UUCKHuliT.

Subscribed and sworn to before me.
I:

l>.

:

STUART.)
>
BALDWIN.
)

JOH.V H. INMAN,
.

.J.

C»»hier.

tliis .soth

day

Fanning.

No- ary Public.

Correct— Attest
KDII'T W.
•

KM

SUI.HUO
677,895
47.717
800.000
44,188
69.501
11,498

......kors....

Uier cash Items
r Clearing House

30,705

,

of Deeeinbor, 1884.

tA
«H

47l),(l«) (Si

ireand Hxtures
indU.X-spjId

ilO

8,2.'.';,l«l

fur legal lenders

isit

m

H.llOil

3.B2i,B2l40

1

I'.

ii'..-r

cur'cy, nickels

Jk

iS

wtir.

IT.

8.

00
07
28
(B

21
25,227 00
142 06

pennies

Legal tender nntefl

Redemption fund

lff>

W
99'

9'.!().317

Thanks

Sp.'Cie

328,2'.'8

92

904 ,'277

Od

Treasurer
81,160 OO

per cunt ut circulation)

$8,788,997 08

Total

LIABILITIES.
Capital stock paid In

$1,500,000 0(^
600.000 00
120,490 61

surplus fund
rii.livlded pr.Hts
Natl niil bank notes ontstauding

4'23,000

Divlilenls unpaid
deposits subject to check.
Demand certilieatcs of deposit
Ccrtitled clieeks
Cashier's checks outstanding
Due to oilier .Sational banks
Due to State banks and bankers

Total
State of Now York. County of

581.915 92

m.-JSI 58
2,497,760 00
1,012,740 14

$87788,957

New

00

Il.08«90
1,925,020 S»
45,855 29

Iiiillvldnal

York.

SO--

s»:

H. Pci.i.KN, Casliior of the above-named
bank, do solemnlyswear that the above statement
Is true, to tho best of my knowle.Ige and belief.
(Signed)
B. H. PlILLKN, Cashier.
Subsoribed and sworn to before me this Slst dap
of December, 1881.
I.

E.

W.

(Signed)

Directors.

Q.

Snow,

Notary Public Kings Co.
Cerllflcate flicd In N. Y. Co.

Correct — Attest

pEl'OUT OF THE CONDITION OF THE

'^MKKCANTILE NATIONAL

JOHN JAY

(Signed)

W.

1«ANK,

ity of New Yo. k. at th- close if
December 20, 1884

of

B....111,.

(1.17375

penBTea

Jk

22I.HiO

Deposits for ueceiilaiu'.s

Directors.

OP THE CONDITION OP THE
REPORT
l».\NK OF NEW YdKK, NAllO-U.

r. S. li.in.N lo

'30..109
llndlvldol profits
;i60,()0<)
.National bank notes outstandlnic
0(1,1 111
DivideiKls un,.aid
Individual deposits subject tuohMk.. I2.4'ti.495

/

f

ll.ll lir.*B.

aurnius fund

KAMJOI.l'lI.!

1).

Overlrafts

OO

44.0(10 (10

Capital stock paid In

Hul.scribcl anil aw.n-n to before mo
KD*l.v K. ( l}U.-.r.
of Jiimiary. 1SS5.
Notarv Public. New York Co.
Correct— At lent

WL.I.IAM 11. MORGAN,
IIKNHV M. TAHKK.

118

l.lAUll.lTIKd.

OuKIilvr.
this 'M day

bcli.l.

:

Loans and discounts

HI

Kedeuiptlun fund with V.H. Trcuurer
17,000 00
iSper centof clrouliition)
,.
»31,»TU,«77 42
Total

5,179 00

I.IAUIL1T1B8.

:ill<l

of other Mnks..
paper cur'oy, nickels

a:}

87B,40;J

si.ickpttidin

I

at .New York, in the State of .New Vork. at the elos«
of business D.u. 20, 188»

lino

-11, (I.

anil lax.'s iHUd

.1

.:.'>

with U. S. TreiMur.
or olroultttloni

Tolnl
riii..i..i

1.1

11

.'

Fract'I

iinu

I

..t

,.»u,4»i,Haa DO

i.r cash lliins
CI
K.xeliantci. for Clearing House

IIO.OOO 00

.i,.iun

I.

Kill
Ciiii
Pii

I.4*l,71.-,

tpnUom

li«iil

r.iafe
20, 1H84:

•

;>l.ecle
l..g.il toiidornoles.

^mciuu'u nifkel^).

V

li.

I

-

f J.ri.

00

li>ii,ooo
IfU.l.OJ

.h.uno

,

I

he

I

D.S.ti.iii.lHl,.' n-ui-eiil 111 nil.
Olii,

no

SMfl.lMlO INI
IJUO.UiK) 00

I

,

.11'

.

Loans and dlscouiita.
OyenI rafts

oo.tHiM an

ir.H,i:fr>

1,
i.

SittiK jltatcmewts.

Itc-

nnil illBCOuntu

I.o.in..

>

':

}|

OCTUR
TIIW

roMtinO'..

NKW

Vol:
York, at Ine

()!••

New

—

;

.

>l;itTH NA'I

CITY
of

k

n

.

THE TlKPORT OK THB
IIANHi Now IVPolJRTH NA'I'I

OK TIIKC!«»MHTION OF

TTiiT'oii r

; :

K.

8. R.

business

tlio

K.NOX,

)

SOUTTER,

\

STONE.

Directors.

S

Rl':SOUKCB8.

Loans and discounts

$5.4ll..'y)7 15

Overdrafts

84

81(1

bun IS to secure circulation
Other stocks and bonds
Real estate, banking house
U.

949,000 00

.-.

12.000

jH ^ivd-book:

(JO

200.C0O 00
80,000 00

Kremlums paid

OF

$902,895 69
609,700 00
12.949 TO

Specie

lASnai tender notes
Bills of 01 her banks
7.70(1 57
Checks and otiier cash Items.
Kxcl.'ges lor Cleai'g House. «C4,1"5 8«
i'51.018 81
Due from National banks
Dae from State blis.& b'lcrs 24,397 83

Railroad Securities

.

ll^d-nip'ionfunii with U. ?.
Trea!.'rt5p.e. ofeirculat'n)

42,700 00—2,540,206 66

JANUARY,

i

$9,23l.0:!0 45

Total

1885.

LIABILITIES.
TotaJ

123,720,360 04

LIABILITIES.
paid in

'•apliai stock
Suriilr.H f.in.l

00,000 00
800.000 00
418.432 I'.H
450.()<'i.i 00
l.OTO 11)
11,014, K .7 44
»s,442 00
4.0V0.U07 1)7
S,4T8.1i)l»4
;,458,745 02
t'i.i

.-..

rollla

1

.v

notes outstanding

i.ili.l

subject to check.
^ of deposit

;

1

1'

banks

i.tl

banks a

I'ue lo ulliLT

id blinkers

T.Xal
^.„.

.

.

.

,.

»2S,720.S«0 64

V

''

v-.-i

...

County of New York.
t
tliL' Hank
f .New Yorli.
ti I', do si.leinniv swear

-i.id

.

..

1
;

IS

true, to tile best of ray

K. !<. .%nSON, i.'a.hier.
and sworn to before ine this 31s. oa

liijuli.:;.

.

Hanson

1884.

1,

tu...

c. GiBso.N.

New York

Notary Public.

-iii.'st:

CUAKI.KS
CUA1U,K.S

.\1.

Co.

f

K UY.

(;o tilled

.

.tl2,087,7lMi

curecircuiut on(parva!.)

29

50,000 00

bunds and mortgages

e)
1...

142,449 53
350,941 07

national banks
and private banks and

e schedule)

448.928 31
350,332 35
14,987 09

uses and axes paid .. .,
other cash items (See
I

.^08,918 1)0

/

i-.x.ji.inges for Clearing
lulls of other banks
l^Pe I..
1

IV

1'

1

"

House

3,143.rt:j3 31

WO.OSO 0)
4,920.422 10

tender notes
tr. ra U- S. Treasurer, other than
'r- cent redemption fund
.

Total

40,000 00

paid in

$5,000,000 00
1.250,000 00
"'" — 129.435 33

outstanding.

0,801 00
19,1104

^

subject to check.
of deposit

T
banks
Due to State and private bonks und
Milkers

1.1111

.,

1... .111.

.^"'"I:.

''

Miillrjnal

•

00

10,150,887 17

26 013 70
885,921 65
3,815,727 39
2.208.180 41

ISAAC WALLACH,
W. T MOORE.
W.M. P. ST. JOHN.

)

f

'

.

..,...,,.,.

ye.ti'S

Directors.

Other ...locks, bonds and morigagca ...
Due Irom other National banks
Due from State banksani binken
Real ostKte, furniture and «xtare»....
Current expoi^sos and tuxes paid

New York, Boston, Philadelphia
Baltimore.

Higrliest auil

I

00.303 73

3.UH 27
99.500
9,290
010.000
1,228

Icaring i-ouse loau ctla. of other b'ks

00
55
to

Cheoka and o: her cash items
Exchange' f.ir Clearing House
Billsof other banks
Kractional paper currency, nickels and

74
1.614.011 08

pennies
Specie
Leg.! tendernotes
Redemption fund with U.S. Treasurer
(5 per cent of circulation)

30 00
070.273 00
901.408 00

25.000 00

Cashier,

fcwuru to and suUscribcd before me thi.s 2d day
of January, 18^*0.
Joil.v .1. UyHNK.s,
Correct. -Attest
Notary I'.u.ii.-. .V. Y. county,
W. C. I.ANGI.KY,)
:

JiNO. T. TERRY, ' i uirectora.
J. U. MAXWELL,)

1884.

Range of Prices by Years.—
Yearly Range of Active Stocks— Date ot
highest and lowest prices made In the yeara
1882, 1883 and 1884.

Dividends.—

LIABILITIES.
$1,000,.000 00

Capital stock oaid in

600,,001. 00
475 .118 90

Surplus fund
Undivided protlts
Niitlona' ban I notes oulstandlDg.
Dividends ulipaiil
Individual deiioslts subject to _

592. 1100 00

970 00
3.821 ,938 00
3, 185 81

Demiiiid con tieales of deposit.
Accept. -d draffs
Cashier's checks outstanalng...
Due to oth..'r .National banks..-.
Due to State banks and bankers

130 40
411,1
,015 13

l,e!59.

440. 413 30
419,,819 14

Total
Slate of New York, C.unlyi f
I,

ABTHnH

named bank, do
belief.

New

Sun:

\\.

$8,485,180 80
Y^uik
:
ive-

ove
und

1
•

u....

r.

Su'iisc Ibed and sworu to belure
H. L. Bi.
of December, 1881.

Correct-Altert^ -„„.,„v,o
A. H. ftTI^VBN'",

M.
A.

Bailroad Earnings.—
Oboss and Net Earnings so

far as reported
1884, In coiuparison with corresponding
periods of 1883.
In

Price In Ked Leather Covers,
$1 00
75
To Subscribers of the Chronicle,
•

-

.lay
'"•

-^

BAYAKD BROWN,

IIOOSKVKLT.

.

•

r^iviDENUs ON Railroad Stocks gold at the>
Exchanges In New York, Boston, Philadelphia and Baltimore, paid during eaoh ot
the seven years, 1878 to 1884, incloslve.

n

s-ili

A

Lowest Prices, Monthlf.

Railroad Bonds and Stocks in Baltimore—
For the years 1883 and 1384.

31.050 00
$8,465,196 80

,

and

United States SECCRiTiES-For the yeais
1883 and 1881.
Bailroad Bonds and StocksisNkwYork—
For the years 1883 and 1884.
Railroad Eonus and Stocks in Boston—
For the ycai 8 1883 and 1884.
Railkoad and Canal Bonds and Stocks in
Philadelphia— For the years 1883 and

00

460.7(ii)

Inoouie,

of

$2,9:0.372 80
U.304 09
000,000 00

Oveiilrafts
U. S. bunds to secure circulation

as well »s the annual charges

of all KailroaiU whoso
Recurlties are eouiinonly sold in the niarketa

OF THE CONDITION <»F THE
REPORT
UALL,ATlN NATIONAL BANK, at New

UESOURCKS.
Loans and discounts

jiast,

against

Yors. in tliH Siaie or New York, at the close of business Decojiber 21). 18.S4

stale ueui is true, to

Met.

ul.AUKE.

;

Bailroad Securities.—
A DK8CRIPTION OF TlIK STOCKS AND BONDS.
AND A Statement of the Income for foor

)

I23,08.>;570~55

-i-

New Vork, County of New York.
Dl'MovT Cl.AitKP. Cu.iliier of tho American
V York City, do solaromenl is true, to

Slate of
_,I.

00

liXCOmE

;

Total

1

•HIS
-.mutation

1,458.<X)0

;

PREC£S; DIVIDENDS.

CONTENTS.

198.053 Otl
18,884 00-7.117,119 81

$28,882,570 00

UAUILITIES.
i^apll.ilstoi^k

Ot)

oes<:rii> no.M

:

.

4,921 51

:iL.r

42

Total
$9,230,030 45
State of New York, County of New York, ss
I.
ritED'K B. SfrHKNfli, Ca...hlor of the aboveswear that the above
nair.e.t bank, do solemnly
statement is true, to tho best of mv knowledge
I'KKD'K B. .iCHBNCK, Cashier.
an.l bel'cf.
Subscribed and sworn to before rae tills 0th day
1.'.
A. K. Blti'AN.
of Ueoember, 18S4.
Notary Public, New York County.

Directors.

RESOl'ItCE:*.

disenunts (See schedule)
-.

checks

Cashier's che.-ksoutst'J'g

NATIONAL

1

04
00

Correct— Attest

a: .New York. In the State of >ew Y<.rk, at
the close of business ..n tlie 20; h day of iJec. lSs4'

un

(!0

li;,,SO,S

Dopusiis

OF TIIF. tlONUITlON OF THE
REPORT
AMERICAN E.XOHANliiE

l.r.ilN-.

200.000
854.0ii0

Individimls
$2,421,969 32
2,"28.443 87
National banks
State li -ilks anil banker... 1.642,567 14
4.412 42
Demand clf<. -f deposit

\

BANK*

00

$1,000.1.00

Suiilustunt
Undivided proUts, net
.Vutl .na bank notes outstiinding.
Dividends unpaid

;

I.AIlil.AW,

U.

II.

K. liJI.L

Capital Stock iiald In

)

f
S

Directors.

WII^LIAin B. DANA it CO.,
W1|>UAM STREET. NEW YOB

79 & 81

.

:

THE CHRONICLE.

Titi

OF IfMW TORE,
ITo. 49 WALL STRBKT.
$2,000,000
rapltal,
3,541,608
Burplna,
Tbli OOB pMT U m leeml ilepoaltorr for monen paid
guudUn ot
u
Mt
Into ooart. and !• aatberliwl to
""lNTli.ST*ALLOWKD ON

DEPOSITS,

&rt«T
I e made at any ttme, and vttbdmwn
At* dan' DC tiee, and will be entitled to Interest for
the whole tine they may remnln with the company.

wUcb maj

KO OTHER

tee
Gr liar
OF NORTH AMERICA.

8. CLARK. Second
TKVSTEBa:

JAMS8

Dan. H. Arnold, James Low,
Tbomas 81ocomb,j W. W.Phelps,

8.

f

VIoe-Prest

B.Chittenden,

John H.Khoades

Chariae K. Bill, iD. Willis James. Anson P. Stokes,
Kobt. B.MIntnm
Wllaon G. Hont, John J. Astor,
John A. Stewart. Geo. H. Warren.
H. llaey,
Clinton Gilbert, IS..M.Iluckln«:liiun George Bliss,
I>anlel D. Lord. |H. K. I.uwrence. William I.lbbey,
Georite T. Adee. Icaac N. Phelps. lohn C. Brown
iKrH.tns rornfnK.IlCdward Cooper.
flamuel Sloan,

Wn

W. BHVard

HENRY
LOUIS

I,.

O.

Cutting.

TlioBNBLI-,Beci«tarT.

H A M PTO.N.

Assistant Secretary

The Union Trust
«11

AND

613

Co.,

CHESTNUT 8TBBBT,

PHI L ADEI^PHI A

Aothoilred CaplUi
•^•'^•995
000,000
Paid-up CapluU
Charter rerpetaal.
AoU as ExecQtur. Atlinlnlstnitor, Asslfmee, R«oelver. Guardian, Attorney, Axent, Trustee and Commltt«e. alone or in cuntiectlun with an Indlvldna)
appointee.

Takes chame of propertj ; collects and remits Interest and income promptly, and uischarffes faithtallr the dut les of OTery trust known to the law.
All trust aaseta kept separate from those of the

Company.
fiurstar-Proof Bafee and Boxes (haring

chrome

annum,

In their

steel doors) to rent at $5 to $60 per

new and eleRant chrome steel.
Flr« and Bnrslar-Proof Vaalt«)

MAHI.ON

8.

JOHN
STOKK .Treasurer A

Secretary.

D. R. l»ATTKKSl>N. Trust Ofiloer.
OiRECTORH.—James Imtiu, Alfred S- OlUett, Allison
White, I>r. Chas. P. Turner, William S Price, John
T. Monroe, W, J Ne^d. Thos. K. Fatton. Jonn G.
Keadlng, Jas. 8. Martin, I). Hayes Airtiew, M. U..
Joe. LKeefe, Robert Pat'erson. Theodor C. Kntrel,
Jacob Naylor, TUos. G. Houd, Hdward L. pprkins.
PuiLADBLPRiA: Samuel Riddle. Glen RinDLt:, Ta.;

W. Reily. llAititisuritt;, Pa.; J. Simpson
HCNTINOimN Henry S. Ktkert. Rkadino;
Edmund S. I>uty. Uifpmntdw.v W. W. H. Davis,
DOYLCSTOWX R. E. Monaffhan. Wkst Chestkk
Chas. W. Cfioper, ALLuntown.
Dr. Oeorcre
Africa,

;

;

;

;

The Brooklyn
Cor. of

Montasne & Clinton

FIDELITY & CASUALTY

W.COKLIJSS, VIoe-Preat.

TRU8TEKB:

E. F, Knowlton,
Whlta, John T. .Martin,

Alaz. M.
A. A. Low.
Aler. MWne,

Wm. C.

H. B. Plerrepont,
Henry K.sbeidon.
Wood,

Jas. Robb

VVm.

II.

Male,

Vienrr Sanger
Ripley Ropes.
cniRAW. Hecretarr.

Metropolitan Trust Co.,
MlUa Building, 3^ Wall

New

St.,

PAID UP CAPITAL,
DMteMled
flacal

almll&r oonjpnnles.

TIlOMAf' li l.LHOUSB, President.
FKKIiEKIC l». TAl'PKN. Vlco-ProsldfW
WAI.n I'll .1. BUlTTtV (>»T« .r.
I

Water.
LSE

No

Brush.

THB

Ken York

Koist Letter Copjiner Book
MANCKACTURED BT
Hew fork Stationer j ^k Envelope Co.,
Wo. TO

JOHV

f.TREKT.

NKW

YORK.

OFFICE
CARPETS.
Befrre bnjine
Clnibi.

or

.w). r <ir)«t^.
Miitiinj^e, c ill ui

Carpet Store,
lloor.

Mnoleiim. Oil

BKiVDALL'S

1 1 4 Fulton St., Iias.-miiit
CUeajK-ki iliueiu thfcliy. XTuotcunto call, Mud iot aauiylee.

TcnkDt

Company

at

Geo. T. Hope,
G. G. Williams,

WILLIAM

C.

CORNWKLL,

Cashier.

Buffalo,

Tins.

&

NEW

YORK.

IROIW TIES,

(FOR BALING COTTON.)
Agents for the following brands of .lute Bagfilnir,.
"Kagle Mills. ""Brooklyn City. "•(;enr>iitt,""Carollna?''
•Nevlns.O,"" Union Star." "Salem. '"'Ilorlcon Mills,"
Jersey Mills " and " Dover Mills."
*

IMPOllTBKS OF lUON TIBS.

ESTABLISHED

1S35.

Eiigrene R, Cole,,
Successor to

STATIONER

FEARS & COLE.
AlVR PRINTER,

Bnpplies Banks, Hankers, Mock Brokers and Cor-poratioDs with complete outfits of Account Book*
and Stationery.
New concerns orjianizlng vlll bare their orders promptly executed.

9W

$300,000

BUFFALO.

ORATZ.

Bullard
Wheeler,
119 MAIDEN LANE,

W. Q. Low,

Bhebmak 8. Jew FIT. Pres. Josiah J ewett, V.Prea

Bank of

COTVa^

BAOCINO AND

Charles Dennis,
A. 8. Barnes,
J.S.T.Stranahan, II. A. Ilurlbnt, Alex. Mitchell,
J. D. Vermilye. 8. B. Chittenden.
A, B. Hull.
Wm. M. Richards.
Geo. S. Coe,

&.

IMP0RTER8 OF

IROIV

by courts

Policies Issued axuinBt accidents causing death or
totally disHblinst injuries.
Full information aa to details, rates. &c., can be
obtained ut head office, or of Company's AKents.
WM. M. HicHAKDs. Prest. John M. cra.ne, Sec'y.
ROB'T J. Hll.LAS. Ass't Secretary.

David Dows,

for Export Tra<lt.

Blaaofaeturers' Agents for the sale of Jate Bagfflnff-

CASUALTY DEPARTMENT.

DIKECTOKS:

*«.

ST. LOUIS, Mo.

moderate chanies.

The bonds of this Company are accepted
of the State of New yorB.

IVo. 1

N. Y.

WII.KIA11I ^iTREET,
(HANOVER SQUARE.)

This bank; has superior factlities for making collections on all accessible points in the United States,
Liberal terms extended to
accounts of bankers acd merchants.

Canada and Europe.

CoRKKSPONi>KNT8.— New York, National Shoe

"^xxhlicntioiis.

&

Leather Bank; Union Bank of London.

Littell's Living Age.

MANHATTAN

Tii«;

Safe Deposit& Storage Co
346 ii 348 BROAD\rAY,

been

1-TVIXG

AGE

has

publislieii fornicirt' ttr

-i

forty years, and has met ^vil,
continiioua cummeudatlon aiul
success.

NKW YORK.
Comer of Leonard Street
Safes to reut from $10 to $200 per year,
AND CAN BE RENTED FOR A
SAY
IIIONTII.

A
it

WEEKLY MAGAZINE
Kivca

more than

THKEK AND A QUARTER
TUOi:SANl>

WEEK OR

double-coHiuin octavo pajres of

mutter yeatly. U nrein an Inexpensive form.

readiiiir

at-nts

©onimcvcial ©avfls.

Turner

Brinckerhoff,

&

Co.,

COTTON SAILDUCK
And all

oo.-iHirtei ii n its great anioiuit of
matter, with fr»*Htines^. owing
to it» weekly i>>sue,and with a
curapletcneas nowhere else attempted.
The best Kssays. Reviews. Crit cisms. Serial and
Short Stories, 'Sketches of Travel and l>iscovery, i'ottry, scientiflc. BiotiraptiicaJ,
Historical and l*olii teal Inrormatlon,
from the entire body of KoreiKQ

I'pnnrilcHl l.iTeraturc.

Manufacturers and Dealers In

It is therefore invaluable to every American
reader as the only satisfuctorily fresh and ('OMt'LE'l'E compilation of an indispensable current
literature— indispensable because it embraces the
productions of the

ABLEST LTVING WRnEKS,

kinds of

in ail

COTTON

CANVAS, FELTING DUCK, CAB
COVKKING, BAGGING, RAVENS DUCK, SAIL
TWINES, *C., "ONrARlO" SEAMLJiiSlS
BAGS, "AWNINO STRIFES.
Also,

York.

«l,00O,000.

a leaal Uepualionr by order of SnMOW Gout. aa
ReoalTe deposlu of money on Interest
Mt a<
or tmnsf er agent, or trustee for corpora
noni and aooapt and execute an; letnl trnsu fron
—-~i« or eorporatlens on aa larorable terms sa

No

this

tie.,

WARREIV, JONES

NKW

&

Kinifsley. C. D.

Fred. Irumweli.
jileta'ICbaunaeT.juhn P. Koita,
Wm. B. Kendall, B W. rorllee,

DrtZte, Sheetingt,

BONDS OF SURETYSHIP

from

Brooklyn, N. T.
This Company Is autbonzed by special charter to
•et a< reoelTer. trustee, mardlan, executor or ad-

BUMUND

PRINTS, DKNIMS, TICKS, DUCKS,

Towels, QniltSjlYblte Goods Sc Hosiery.

YORK216 BROADWAY,
Officials of Banks, Railroads and Express Compan'es. ManaKCrs, Secretaries, and Clerks of Public Compinles. Institutions and CorarperclHl firms, can obtain
Nos. 214

BLEACHED 8HIRTIIVG»
AND SHEETINGS,

in

CO.,

Trust Co.

0. 1.OW,

BROWN

BAGGING.

D. J. TOMPKINS, Secretary.
New York Dirbctohs— Joseph W. Drexel, A. L
Hopkins, H. Victor Newcomb, John Paton, Danle
Torrance, Kdw. F. Wlnsiow. Krastus Wiman.

eta.,

minlatrator.
It ean act as usent In the lale or management of
real aatate, collect Interest or dlrtdenda, receive
~~TUtry and transfer books, or make purchase and
Sfi
le of OOTcmment and other securities.
Bellglons and charitable Institutions, and persons
naocustomed to the trunsactlon at business, will
flad this CiHupanr a safe and convenient depository
for money.
RIPLEY KOPES. President.

York, Boston, Philadelphia,
BELLING AGENTS FOR LEADING BRANDS

;

CAPITAIi,

Iirotected by Improved time locks.
Wills kept In vaults wlihoiit charge.
Bonds and '•tot.ks. IMuto nnd all vulujiblen seourel;
kept, nnderfruarantee. itt niodemte charKes.
Car trusts and other approved securities fur sale.
Money received on dep(»sii Ht interest.
G. HKADING. T.-Pre8»t
JA8. 1-ONG, Pres't.

Co.

Edward Rawunos.
NEW YORK OFFICE:
NO. ITS BROADW^AY.

Kxeonlon'. admlnlatratora. or trustees of estates.

and females nnaccustomed to the transaction of bnslneas. as well as rellKlons and benevolent Instltotlons.
wUJ BOO
And Uils oompany a convenient depository for
,w
""j^,jf~X'; BTEWAKT. President.
WII.MAM H. MACY. Vice-President.

Co.,

New

Cssb Capital
»?ffi'!SS
Cash Assets
„••••;
1
J?2'SSS
!214,000
Deposit with Insurance Department
Vice-President
President
Ferrikk.
Jas.
Hon.
Oalt.
T.
SIR ALKJC.

Managing Director

Fabyan &

Bliss,

BUSIA'JBSS.

an

The

©awTs.

Coiuniicvcial

Bonds of Sixi-etysliip-

States Trust Co.

United

fYoL. XL.

gtttauctai ta^ompjxnizs.

^vnst ©ompatiicB.

JoaUb

.

:

Agents

UNITED STATES BUNTING
A (oil (apply, all Widths and Colors, always
No. 109 Dnane Street.

Joy, Lincoln
tS

A

WHITl STR«rc,
NHW YORK.
45

&
15

CO.
In stock

Motley,

CHAUNcrr Str»«t.
BOSTON.

AoiNTa roB
Ocean Itlllla Co. Atlantic Cotton iniUB,
Pea bod}- in Ills, OUicopee Ml;!:. Co.,
EUertou New mills.
Wblte Itliu. Co..
Saratoga Victory nik. Co.,
Hosterr and Yarn !nUI>

Brown,Wood& Kingman
SELMNG AGENTS FOR
II. Gllocrt BKk. Co.,

Geo.

Arllnetoii ntlln,
Freeman mtif. Co.,
Keul'retv nin. <'o., Jaiu<-» flilllliia, Jr.

FHcliburg Uomtcd < <>.,
VcorKe Wbiiiicy, Continental Mills,
Lincoln mills.
BOSTON, 31 BeUfi.iU ftrtci.

NFW VOHK
J &S &
atw
ioiuij35
^

to Worth Street, and
3^ Ihomaa Street.

branches of Liiterature, Science, Politics and

Art.

"Nearly the whole wt>rld of authors and writers
appear In the l>iviN(; AtiK In their licst m'.Kuls. • '
Art, science and literature find fresh and eloquent
expression in its pases from the pons of the best
writers' of the day; and the reader is kept well
abreast of the current thought of the age."— ifos(fl»
Jonrnai.
"It has now for many years held the first place of
* * The only pn.-^siliU'
all our serial publications.
objection thai could be urged to It is the iiuMiciisc
amount of reading it give.s • " There is nutliint;
not>^worthy in science, art, literature, biography,
nhilosophy or religion that cannot be fi*und in it. * *
Its readers are supplied with thel)e8t literature oJ
the day."— 7?ic Churruin-'n. rs'eiv in-k
"It maybe truthfully and cordially said that It
never offers a dry or valueless page."— Acw York
Tribune.
" Bi(tgraphy, fiction, science, criticism, history,
poetry, travels, whatever men are interested In, all
*
"
It furnishes more for tht
money it costs than any other periodical within om
knowledge."- The Watvlniuin. Jkn'toii.
" With each revolving year it increases in value.
*
No other periudlcnl gives so liivcrslfleil a view ol
current literature. "--i-**.s/-i,feH.i/; Ijuniur, Pitt--hum
"There is nothlnjrlikelt."—Oirf« ain at Work.S.Y
"It ha.s for ns an interest and value bevond ili*'s»

are found here.

of any other i)ubIication. Coming once a wocli. i'
gives, while yet fresh, Iho prnducliofis uf the fore
most writers of the iUiy^—Mitntr,- I (i>tzrtte.
"Through it^ pages alone it t.s possible to bo a.
well infoimed in current literature as bv the ptrusa
of along list of monthlies."— M/i'/'v. Emvirer.
"It enables the reader to keep pace with the hes
thought and literary work of our time."— Cftristfai.
Cftioii, A'f
YofK.
I'm ll^hed WKKKtrat fSOO a year. /r« 0/ posfnflf
or for $0 50 ii<K Livjno agl uno ai y one o
lie American »4 Monthlies (<t Harpti'n Meetl
or /(rzfr)vrin be sent for a year, postpaid or fo
19 10 Thb Living Age and the Ai. liicf^oias
Xlp^lncott'i Monthly. Address.
;

LITTEM,

A:

CO., Boston.

I

Janc/BT

1885

3,

THE CHRONICLE

J

Insurance.

Jnsivvitucc.

The United
OFFICE OF THE

A TL

A.

IN

NT

I

C

States Life

Insurance Co.
THE CITY OP NBW YOHK,
(OIIUA.NIZUD IN

&

2«1, 202

2({.3

T. H.

Mutual Insurance Co.,
NEW YORK, Jannnry 24, 1884.
The Trustoce, in conformity to tlie Charter of
the Coni|>any, Bii)>init the foUuwinf; Statement
of Ito ullulra on the Slxt December, 1883:
Premiums oii Marlue KlskR from
let January, 1883, to 3lst Deoemlwr, 1883
f4,168,953 10
PreuiluniH on Policica not marked
offlBt January, 1883
1,639,232 53

FRAMIOII,

C. P.

$5,708,185 63

to

3l8t Decem-

$4,260,423 93

WllKKUVHKlUT, AHtBCO
DrnroBn. Actuiirjr.

Sp.'y. A.

Geo.

II.

Br an act of the

Lextaiatore of tills State this Companr's charter was lo amended In 1888 that hereafter
all the profits ahall belong to the pollor-holders exolaslvely.

All Policies henceforth Isnad are Incontestable
fer anT cause after three yein.

Death Claims pnid at once
seon as latlsfaotorr
proofs are received at the Home Office.
Absolute

securltjr, combined with the largest liberassures the popularity and success of this Co.
All form of Tontlue Policies Issued.

Returns of Premiums and Expenses

$850,080 76

COHPAIUSON or BUBlNUa VOB TWO TKAR8.

WW

Insurance Written.... Mfi<)".i
InsuruDcetn force
le.T^tu.txM* 00
Assets
B,ll«.l(ll4il

York

Stock, City,
other Stocks...

THE
CO.

YORK.

OF

WINSTON,

President.

Bank and

otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bllla Be-

1,956,500 00

1,588,306 79
335,710 6

ORGANIZED APRIL

of
the issue of 1879 Will be redeemed and paid to
the holders thereof, or their legal representatives, OB and after Tuesday, the Fifth of Feb
rnary next, from which date all interest thereon
will cease.

the time of

The certiiloatos to be produced
payment and canceled.

A DIVIDEND OF FORTY PER CENT

at

is

declared on the net earned premiums of the
Company, for the year ending Slst December,
1883, for which certificates will be issued on
and after Tuesday, the Sixth of May next.

By order of
J.

tlie

Board,

H. CHAPinAIir, Secretary.

Assets,

-

$101,148,248 25

-

W. H. H. Moore.
Charles H. Busaell,

James Low,
David Lane,
Cordon W. Bumham,
A. A. Raven,

John EUiott,
James G. De Forest,

Royal Phelps,

Charles D. Leverich,
William Bryce,
William H. Fogg,
Thomas B. Coddington,
Horace K. Thurber,
William Degroot,

C.A.Hand,
John D. Hewlett,

John L. Riker,
N. Denton Smith,

William H. Webb,
Charles P. Burdett,

George

Vm. Sturglsi
Benlamin U. Field,
Joslah O. Low,
William E. Dodge,

Opbtatus

GENERAL TRANS^VTLANTIC CO.
Between NEW^ IfORK and HAVRE,

tlopKiNS. Lrcirs

CBABLKS

nopKiNS Smttk.

D. MlLLXU.

Hopkins, Dwight

& Co.,

COTTON
COMMISSION MERCHANTS,
No. 134

PBARI. street,
NEW YORK.

Obders fob Fdtub« Contracts Exictmo Dl
New York and Livbrpoou
TON GUNDELL.

A. C.

CHARLES MATHOrr.

von Gundell & Mayhofl-,
COTTON BROKERS,
Nob. 2

VON

&

4

STONE

NEW

STI4EET,

YORK".

MATHOFF
COTTON BUYERS,
mEinPHIS, TENN.
Gi;NDELi7~«c

&

Farrar
132 PEARLi

Jones,

STREET, NEVT YORK.

Liberal advances made on Cotton consifniments
Special attention Kivcn to orders for contracts for
future delivery of Cotton.

ic

CO.,

Pier (newt 42, North River, foot of Morton StTravelers by this line avoid both tranait by Knulish
railway and the di^cumforts of crossing the Channel
in a small bout,
ST. LAIJllKNT, Do Tousselln. Wed.. Jan. 7,10 A.M.
A.MKKiyUK. 8aiiteIIi
Wed, Jan. 14.3 P.M.
ST. GEKMAIS, Traub
Wed., Jan. ai. H A. M.
i'KiOK OK Passage (including wine):— To HavreFirst cabin. $l(n) and $aO; second cabin, $ti;t: steerBKC $?8— includinfi wine, bedding and utensils. Return tlcliets at very reduced rales. Checkson Bunque
Transatlantique, Havre and Pari,sin amounts to suit.

frova. Havre to Paris.
The Comptignie Generale Transatlantique delivers

Special Train

at Its oflice in New York special train ticket.s from
Havre to Paris. Baggage checked t li rough to l*aria
without examination at Havre, provided passengers
have the same delivered at the Company's dock in
New V'ork, Pier 43 .North Klver. fo'it of .Morton St.,
at least two hours before the departure of a steamer.

JOHN M. KWSS.

JB.

Ewen

Brothers,

COTTON BROKERS,
No*. 31

&

33 Rroad Street,

NEW

From

F.

YORK.

HoiFmann,

COTTON BROKER AND AGENT
38 RTJE DE I.A BOURSE, HATRB.

Fellowes & Tileston,
COTTON, STOCKS, BONDS, dec,
25

Orders

WILLIAM STREET, NKW YORK.

in "

Futures" executed at N. Y. Cotton Excta.

Dennis Perkins

&

Co.,

COTTON BROKERS,
135 Pearl Street, New York.

No. 6 Bo»-liiig Orcen.

Orders for Spot Cotton and Futures promptly
ezecated

CJottou.

Alexander

&

Cargill,
COTTON BROKERS,

Robert Tannahill

&

Co.,

Cotton Commission Mercliants,
No. 61 Stone Street,

TSJiW

YORK.

AIJGIJSTA,

GEORGIA.

Entire attention given to porchiise of COTTO
TO ORDER for SPINNERS and EXPORTERS.
CORBKSPONDENCK SOLICITED.
Hefere.nces.— National Bank of A"OTi.ta, G«

llents it Co., Commission Merchant.,, New
York; William B. Dana cV Co.. I'ruprl< tors COUMSB*
& Financial CBKONici.cand.itherNeir Yirk
Houses.

Henry

ciAL
Special attention fflTen to the purchase and sale of

Future

Contractfl.

WALTER & KROHN,

Bliss,

COTTON BROKERS,

Wmiaiu H. Maoy.
fiS

BBAVER STRRBT, NETV YORK.

James F. Wenman & Co.,

W. H. H. MOORE, 2d Yioe-PrM(dent.

COTTON BROKERS,

RAVEN, 3d Vloe-Pre«ldeDH

C.

WABBKN EWBN,

JOHN D. JONES, President,
CHARLES DENNIS, Tioe-PrMldent.
A. A.

aD4

NORFOLK, VA.

Direct Line to France.

Horace Gray,
Edmund W. Corllea,
Adolph Lemoyne,
Robt. B. Minturn,
Charles H. Marshall,

kxchangb

I>HOI)|:(:k

COKHESPONIIKNT8
Meeara. Smith, Edwarda A Co., Cotton Brok«n
Liverpool.
Meaan. Samuel II. nnck & Co., New Orleana.

EURE, FARRAR

0]VL Y

TBITSTEES.
D. Jones,
Charles Dennis,

and

CUICAUO BOARD OK TRAUK.

the

LOCIS BE BEBIAN, Agent,

i.

NKW YORK

at the

Mi^VixasTxips.

THE OUTSTANDING CERTIFICATES

COFfrEE

AMU PROVISIONS

ORAIIV

14, 1842.

$12,97^.312 47

BIX PER CENT INTEREST on the outstanding certificates of profits will be paid to the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.

f.IVEKI'OOI, A.VD
EXCllA.NOKfl. Alaoordenfor

at the

Rates Lower than other Companies.

Bank

Amount

ISSrXES EVERT DESCRIPTION OF
LIFEd: END WMENT POLICIES

425,C00 00

celvaole
in

MUTUAL NEWLIFE
F. S.

$8,666,795 00

COTTON
NRW ORLEANS COTTON
COFFEE
NEW TOUK
EXCUANOK,
NKW TOKK.

at the

GOOD

New

Loans secured hy Stocks and

Cash

iH,so*\.(HMtoo

Co.,

8 Sonih WlllUm St., New York.
EXECUTE OIIDKUS KOK KLTTUUB DKI.IVBaT

».'i,231.0(K)00

0,2iw.2184«
to policy-holders
45i*,(ITU 40
4T3.U23 VS
Increase In neir business written In 188S over 1882,
87 per cent.
AGKN'T.a, desiring to represent the Com§auy. are Invited tii address J. 8. OAKFNKy,
uperlntendent of Agencies, at Home Oflice.

INSURANCE

Assets, viz.:

&

Henry Hentz

COMMISSION MERCHANTS

ality,

$1,901,042 38

I)erlud

United States atid State of

York.

nitOSNAI*. PrCBldent.

Lossee paid during the game

The Company has the fuUowlnK

New

Payments

Premiuniii mnrbe<l o<T from let

January, 1883,
ber, 1883

18S0.)

Broadway,

New
Total Marine Premiimu

®0tt0tt.

No. 113

PEARL STREKT,

ISeUbUihed

(In

pliscjeltaucons.

JOSEPH CI LLOTTS
! STEEL PENS
:

DEALER SThwuoboutThc WO RLD
„aOU)MED,M.PARI3 EXP03ITION-ia7a..

,*oi.D Br ALL

N. T.

Tontine BalliUiig) IMO,

THE chronicle:

&

Walter T. HaUh.
Nath'l W. T. BaUHi.

Stillman,

UOAHB MADE ON ACCSPTABLE

INMAN,SWANN&Co

SECDRITIB8.

Otuk Adtanca Made on Oimtignrntnit.

xxrrroN. all grades, suitable to
OF SPINNERS,
OmazD ON TCRHS to Strrr.

E.

S.

&

Jemison

New ¥ork.

Phenix Insurance Co.
OF BROOKLYN,

Co.,

A!ID

NEW YORK, NEW

New York.

St.,

195 Broadway, New York City.
Company 1st Day of July, 1884.
CASH CAPITAL
11.000,000 00
Office,

G. E. Staenglen,

TxyrroN commission merchants,

WllUam

Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DKP0S1T8 KECEIVBD— subject to Check at sight
—with interest npon balances.
Special attention paid to INYBSTMBNT8 and
•ccounts of COUNTRY BANKERS.

wants

BANKERS
No. 38

14

statement of

ORLEANS,

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus

2,042 222 35
2S6'486 06
658,967 64

AGENT FOK

t3,957,e7ir«8

STEPHEN CROWELL,
leiiiUon,Oro( e

& Co., Ualreston, Texas.

COTTON COMPANY OF STUTTGART.

& Gwynn,

Authorized Capital, B. M. 20,000,000.

Fielding

HOME

Paid-up Capital. R. M. 6,000,000.

G.

OOMMISSION MERCHANTS,
16 and 18 Bxcbause Place,

NEW

&

Rountree

rORK.

Co.,

COHBIISSIOX MERCHANTS,
NO. 12 OLD SLIP,
NEW YORK.
AND NORFOLK, VA.
^^ Special attent Ion Klvcn to the execution of or'-lera for Ibe purchnae and
of
*

t^iile
C\>iton, Grain, and
l?rOTisloo« for future deliver;. Orders also executed

op

Uie New York Petroleum Kxcbanne and Stock
OottTd. Liberal aUrances made on conslKnments.

Thco. H. Puick,
of Eure, Farrar

k

FEROnS REID.
Price.

&

Schroeder

Co.,

8UCCKSSOR8 TO

COTTON COMMISSION iilERCHANTS.
POST BUILDING,
16 & 18 Exchange Place, New York.

marketa.

Correspondence

LKBJIAN,

New

ABRAHa H 4 Co., LEHMAN. DrRR ft
Orleans, La.

•C0nini!»!!>I01V
No. 123

PEARL

LEHMAN BRO'S,
Cotton Factors
Up-town

NEW YOBK.

& Wakefield,
COTTON

WM. MOHR.

n.

Merchants,
Vork.

LIbeial advance* made on cotton consignments
gptna attention given to orders for contracts for
"
fntttre delivery o f cotton.

Henry M. Taber&Co.,
PBARL

141

ST.,

NEW YORK.

laa

pearl

H.

CLISBT

A.

CO.,

New

st.,

ise

gravierst.,

New

York,

Orleans, La.

Special Attention Given to the Exkcotion
OF OBDEBa FOR FUTUBE CONTRACTB.

John C. Graham

rankers
AND

&

Co.,

HONTCOnSRY, ALA.
'

»0«C1IAJ1 OMLr UM OHDEBa rOR A COHMUSIOH

William
J«».'

»

HTleede&CaT

COTTON BROKERS,
WILLIAM STREET.

ft"* T

A8Bet» January 1, 1884
Liabilities

&

B.F.BABCOCK&CO.
COMMISSION SIERCHANTS,
17 Water Street, LIVERPOOI,,
Kd*Sl^S''^?S.™'f,''J,<'"'i<"'v"><' "">er IToduoe

COTTON BROKERS,
•it*

riCABL STREET,

D.

BABCOCK,
New York.

_82 Nassau Street,

Co.,

NEW YORK.

for

$9,192.643 80

unpaid losses

and re-lnsuranoe fund
Capital

NET SUBPLDB

«3,269,4S7 8<

Xo. a Cortlandt
JAS. A.

St.,

New

ALEXANDER,

North
&

1,923,185 99
4,000,000 00

.._..

York,

Agent.

British

Mercantile

Co.

Ins.

LOIVDON AlVD EDIIVBCRGn.
United States Board of Management,

NEW

YORK:

Solon Humphreys, Ch'r'D, (E. D. HorKan&Oo,}
David Dows, Esq. (David Dows & Co.)
E. P. Fabbri, Esq. Drexel, Morgan & Co.)
Hon. 8. B. Chittendkn.
Ezra White, Esq.
J J. ASTOK, Esq.
E.

WHITE, SAM. P. BLAGDEM
MANA0BR8

Ofllee,

54 William

St.,

New

York.

8KLMA, ALA.; MONTOOMKRY, ALA.

SAM'L

Geo. Copeland

Company

OF HARTFORD.

CHAS.

Buyers of Cotton for a CommUslon. Orders
for Fu
tare Contracts executed In
New York and LIverpoo

COTTON BUYEB8,

17,348,574 4

Secretary*

OB

COTTON COMMISSION MERCHANTS
on Oonslgnmenta of Cotton. Con^fll^ff^S*"*
"is for Fntur* Deliver; of Cotton
bought
vm^ui, auu
Md
Mo. 18 William Street, New York.
on oommisfllon.

JOHN

1884

<

<

niARTIN, President.

Insurance

W. HANEMANJrT

Mohr, Hanemann& Co.,

Tuttle

And General Commission
84 Beaver St., New

1.

I

<

iETNA

Olden

for future dellrerr of Cotton executed In
MawTorltaiul Liverpool: also for Grain and ProvWeni In New York.

J.

WASHHCRN,

H.

J.

Church Street,

office, No. 204

&

nERCHAIVTS,

CHAS.

CO.,

New Vork.

ST.,

Cash Assets, July

Montgomery, Ala.

Orders e'ecuted at the Ck)tton Exchanges in New
Liverpool, and advances made on Cotton
_i1.*i?°
and
other produce consigned to us, or to our correspondents In Liverpool, Messrs. B. Newgass & Co
md Messrs L^Rosenhel m A Sons.

Bless,

Reserve for Unearned Premiums
2 65/^ 607
Reserve for Unpaid Losses and Claims.
S50!312
NetSurplus
1,342,656

signments.

solicited.

Gwathmey

OFFICE 119 BBOADWAY.
CASH CAPITAL
»S,000.000

Special attention paid to the execution of orders
for the purchase or sale of contracts for future delivery of cotton. Liberal advances made on con-

Co.,

Bpeolal attention (livon to the sale of cotton to
•rrlTeor in transit for both foreign and domtstlo

Insurance Companj
OF NEW^ YORK.

WARE & SCHROEDER,

AND
cominissiON iherciiants,
No. 40 EXCHANGE PLACB,
"Dottoo Brokers & Commission Merchants
NORFOLK, VA.
UBMBERS OF THE OOTTO.y, COFFEE AND
PRODUCE EXCBASOES.
Liberal advances made tin Cotton consignments.

&

Reid

Price,

President.

WM. R. CROWELI>, Vice-President.
PHILANDER SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.
FRANCIS P. BURKE, Sec'y Local Dep't.

COTTON FACTORS

"PO«T BuiLOIXO,

Sons,

BANKERS.
NASSAU STREET, NEW YORK.

«'^-°'"<"«li?2cS.M'p';?iM!.Te'^1i„X-i.

COTTON MERCHANTS,

'VrSOIAL ATTIVTIOM TO OBOIBa FOB C0NTKACT8
rom FTTORi Delitiet or Cottok.

1885.

Uenry P. Batch.
Arthur M. Hatch.

W. T. Hatch &

MERCHANTS,

PMt Bnildlug. 16 & 18 Exchange Place
NBW lOBK.

3,

pliscjellattjcotts.

(£>otXavL

CDottoti*

Woodward

[January

Waldron

&

O OfHmerczai
Cjmon Ins. CyO.
(OF tONDOS.)

ALFRED

TainterT

COTTON MERCHANTS,
97
PEARL STREET.

PELL,

Resident Hanagtr,

Cor. Pine

^ WilliafnSU