Full text of Commercial and Financial Chronicle : January 7, 1893, Vol. 56, No. 1437

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

fin a n c ia l;

ramrie

H U N T ’S M E R C H A N T S ’ MAGAZINE,
^

W cchht

g k w g p 'p n ,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
E n tered a c co rd in g to A ot o f C o n g ress, In t h e y e a r 1 8 9 3 , b y W m , B . D a n a & CO„ In th e office of th e L ibrarian o f C o m m a ', W s h ln g to n , D . O.

SATURDAY, JANUARY 7, 1893.

YOL. 56.
T Ix e

NO. 143 7.

For the month of December the increase over a year ago
reaches 11-3 per cent in the whole country. The aggregate
since January 1 exhibits an excess over 1891 of 9T per cent.

C h r o n ic le .

C L E A R IN G H O U S E R E T U R N S .
1 wrtoe Months.

The total for the week shows a loss from 1891 of 3*4 per ct.
Week EndinQ December 31.
1892.

1891.

Week End'o Dec 24.

P. Oem

New York..................
615,072,153 669,345,446
Sales of—
(Stocks.............shares.)
(1,193.946) (1,427.778)
(589.000)
(477,600)
CCotton................ bales.)
( G rain.............bushels.) (11,456,550) (18,511.000)
(49,000)
(132.000)
(Petroleum......... bbls.)
Boston.........................
Providence................
Hartford....................
New H aven...............
Springfield.................
Worcester..................
Portland........... Lowell.........................
New Bedford...................
Fall R iver*................
Total New E ngland...
Philadelphia......
Pittsburg............
Baltimore............
Buffalo.................
W ashington.......
Rochester..........
Syracuse............ .
Wilmington......
Binghamton......
Total M iddle..

83,944,182
5,019,300
2.129,944
1,258,898
1,210,467
1,161,865
1,228,957
539,399
359,281
636,296
96,852,293

95,903,595
5.139.900
1,960,-193
1.084.900
1,263,841
1,432,100
1,246,915
644,910
498,567
109,175,487

—11*3

66,412,431
11,532,428
10,482,457
7,497,534
1,639,842
1,360,01*2
765.612
793,077
211.500
100,701,571

59,681,846
12,007,86e
12,574,503
7,077,429
1,424,793
1.370,048
1,059.993
680,104
227,200
96,109,904

+11*3
-4 -0
-16-6
+60
+15-1

91,279,966
12,638,05b
8,110,514
6,694,661
5,247,396
3,200,400
1,065.885
1,855,962
949,316
400,000
291,581
157,394

81.409,749
11,022,600
5,977,652
5,825,158
4,724,047
2,835.200
2,198,705
1,473,490
909,544
332,224
209,553

-

0-2

- 2 7 ‘8
+15 6
-6'lf
4-4*8
+ 12*1

1892.
P. rv~*.
*
846,471,080 + 319
(2,118.222) (+21*7)
(950,300) (+95 8)
(15,380,050) (-12 8)
(28,000) (+750)
111,025.275
0.327.700
2,095,228
1,532.740
1,777,685
1,520,342
1.3S3.790
732,580
407.430
1+04.912
120,80^,770

-+40*0
+45 0
+2o*9
+44-0
+72-8
+41-4
+21*n
—7*3
+30*2

80,254,703
14.974.574
14.715,050
8,S22,084
2,192,339
1,686.388
1,083,021
1,042,175
2S7.000
125,057,934

+36*0
+1S-5
- -20*4

109,034,635
14,647,250
8,213.208
7,720,523
6,181,247
3,449,100
1,228,518
2,255,500
1,112+48
525,000
304,050
209.352
317.450
L54,07i,51o

+39*7

-

-200

+30*4
+42 5
+ 55*9
+27 2
+42-4
+31*0

Chicago.............................
Cincinnati.......... .............
M ilwaukee............ .........
D etroit..............................
Cleveland.........................
Columbus.........................
Indianapolis....................
Peoria...............................
Grand Rapids..................
L e x in g to n .....................
Saginaw............................
Springfield. O.*...............
Akron*..............................
Total Middle Western.

131,733,731

8an Francisco..................
Portland...........................
Salt Lake City................
Seattle..............................
Tacoma.............................
Los A ngeles.....................
Great Falls.......................
Spokane*..........................
H elena* ..........................
Total Pacific................

14,200.162
1,742,507
1,300.000
846,871
895,000
040,508
273.527
953,344
862,501
19,898,635

21,242,233

—6*3

Kansas City................
Minneapolis................
St. Paul.......................
Omaha...............................
D enver..............................
Duluth..............................
St. Joseph........................
Sioux City........................
Des Moines......................
Wichita.............................
Lincoln.............................
Topeka..............................
Emporia, Kan.*...............
Total Other W estern..

9,164,508
7,219,129
4,409,189
5,819,656
4,199,782
1,918,629
1,797,957
1,023,206
971.200
485.182
018,544
396,477

7,443,639
7,100,704
3,490,011
4,338.929
3,5(50,164
1,50(1,000
1,645,993
859,536
709,160
411,562
535,450
309,688

+23*1
+08
+23*3
+341
+ 18*0
+27*9
+9*2
+1 9 0
--*6*3
-1 7 9
- -15 5
+7*2

38,023,519

32,084,866

+15*4

46,584,023

+32*6

,246,336
.8:-3,944
194,605
.084,534
,206,852
,426,059
,728,750

19,763,754
i 1,32 i,244
5,373,367
3,000,000
2,107,264
1,638,711
1.950.000
1.800.000
1,151,86.
1,484,595
1,079,514
991.371
569.814
992,711
427,720
286,000

+7-5

25,773,210
10,15S,910
8,179,227
3,980.733
2,827,090
2,610,875
3,512.982
2,720,075
2,347,176
1,826,154
l,148.o04
1,143,057
715,335
1 , 000.000
523.53.
489,241
1,152,8+

+ 195
+43*7
+50-0
4 47 4

St. L ouis..........................
New Orleans....................
Louisville.........................
Galveston................. .......
Memphis...........................
8avannah ........................
H ouston...........................
Richmond......................
N ashville.......................
A tla n ta ........................
Norfolk...........................
Dallas..............................
Fort Worth...................
Waco.................................
Birmingham..................
Chattanooga....................
Charleston*......................
Jacksonville*.................
Total Southern............

.

000,000

,80y,026
,285,8o2
758,703
902.391
487.391
554,554
421,062
343,397
738,972
321,991
59,343,456

117,577,9:
15,951,142
1,578,3*8
1,2L6.169
672 239
891,236
038,119
295,000

53,942,930

4-87
+35*7
+14-9
+11 1
+12*9
—51*5
+26-0
+4*4
+20*4
+ 8*2

+ 12*0
- 11*0
+10*4
+6*9
+26*0

*83
—7*3

+ 22-2

+15*3

+2 8

+4*7
-13'0
+39o

+ 11*1

+57*0
—13*4
-29*7
-2 9
-14*5
-44*1
-

1*0

+ 20*1

+ 10*0

- -37-4
t 24*1
+31-6
+51-5
+28*6
+ 22*1

-46*8
+ 592
-+51 2
+50*2
+3T
+34 2

13,213.568
+8*7
1,707,000
-0*9
1,670.440 +622
1,120,487 + 112-0
827,309 + 65*5
1,652,328 + 122*0
208,488 —10-5
1,046,187
928.011
20,400,280 4-20*5
11,704,01'
8,382,115
5,747,012
0,780,174
5,::S0,310
2, 100,000

2,1 L2.377
1,328,155
982,088
600,000
707,070
455,299

+43*4
- - 10*8

+16*0
- -50 9
- -43*H
+ 500
- -49*1
-2 9 1
--37 5
+9*3
+31-6
+22*7

+ 0*0

+376
+53*4
+31*9
+55*6
+23*4
+22*4
-+42*9
+5i*8
+9*4
+150
+30*3

76,435,01)

+33*4

—5*1 1,395,549,241
Total a ll.......... ............. 1,001,625,363 1,099,478,818
440,553,205 430,133,402 ~ +3*8 649,078,169
OntBide New York......
11,853,929
+7-5
8,352,081
8,978.391
M ontreal.........................
6,802,7^0
- 8*1
6,108.817
5,615,400
T oron to..........................
1,1.14,382
1.109,150
-9*6
1,1.02,989
H a lifa x ..........................
805,391
773,312
—15 7
651.700
Hamilton ........................
20.056,1216,248.480
16.343.500
Total Canada.
• Not included in total#.

+32*7
+33 8
+ 10*8

+ 11*8

+44
-+4*4
+10-5

1801.

1891.
P.O t.
*
New York. . ...J3.602.S5S,371 3,259,015,214 -f-10'5 39,#62,169,Wll 33,749,322,212 + 8’0
Boston...........
Providence...
Hartford.......
New H aven..
3prlngfleld ...
W orcester....
Portland........
L ow eil...........
New Bedford
Total N. Eng

474,218,605
28,928,200
10,111,921
6,957,977
6,831,037
0,537,334
8,340,158
3,114.202
2,410,682
545,786,116

Philadelphia..
Pittsburg.......
Baltimore......
Buffalo............
W ashington..
Rochester ....
Svracuse........
W ilm ington..
Binghamton..
Total Middle
Chicago..........
Cincinnati......
Milwaukee —
Detroit............
Cleveland......
Columbus.......
Indianapolis...
P eoria ............
Grand Rapids.
Lexington —
Tot.M.West.

538,193,067

698,978,452

4.753,840.087
278.010.700
104,012.709
7L.24P.78l
63.530,101
61.300,123
02,018,191
40,5)9,566
23,723,624

Total Pacific

100,807,820
49,397+36
41.547,060
20,310,015
29,112+ 09
22,882.331
11,295,530
9,474,058
0,115+81
4,474,851
2,375,794
3.367,454
1,859,009

+ 2*8

481,337,398 +118 6,052,928,220 5,306,671,043 4- 12*8
+ 10*2

-+5*6

+ 22*2

+14*0
+6A

49*0
-46*0
+29*0
+ 21*8

+15*3

f 13,973,628 +13*8

5,135,771,186 4,450,881,330 + 15*2
750,789,400
068.210,750 + 12-4
366,293,010
319,533,6.45 414*6
303.359,583
317,297,190 414*5
290,577,748
204,016,072 + 12*3
183,901,201)
158.360,810 ■+10*2
88,552.914
106,132.550 - 10*6
98,802,288
88.057,86') 411*1
50,' 06,013
44.033,110 +13*4
25,021,935
22,455,090 4-11*4
7,359,735,319 0,440,491,021* r 1 1 2

75,525,099
8.9S5.587
7,210,501
3,987,190
8,005,50 L
4,409,300 -

Kansas City...
Minneapolis...
St. P au l... ,
Omaha.............
Denver.. ..
Duluth....
3t. Joseph ...
Sioux City ...
Des Moines. .
W ic h ita .......
Ltncoln —
Topeka.......
Tot Oth’rW .

+6*3
43 5
47*8
4 6*8
+11*4
49*6
43*4

+5*5
479,795,2881+13*7 5,751,490,563 5,459,491,245 ^ 5 3
289.997,325 +183
96.087,935 -i-15-i
59,353.013 +8*2
79,' *02.250 T 11*8
11 •v
73,439,096 -9*9
35.713,517 +4*9
-hm
35,065,5631 +5*7
+ 6*1
8,071,315 -+24*0
+188
6,531,422. +18*6
-+0*6
3,989,714 +17*7
3,663,720 +11*4
1,223,200 +3-6
+ 10 1
423,915,528
02,143,900
32,130.011
29,773,991
25,392,27 5
15.100,500
11,720,516
7+83,147
3,969,275
2,013,182

San Franoisco
Portland..
Salt Lake City
Seattle—
Tacom a...
Los A n geles..

St. L ouis........
New Orleans..
Louisville.
Memphis.........
Richmond ...
G alveston....
H ouston.......
Nashville. ...
Dallas............
N orfolk........
Fort W orth...
Birmingham..
Waco...............
Chattanooga..
Total 80 U th.

418.537, 059 24,856, 500 *
8,475, 3**3 +18*7
5,8">9, 475 +18*7
5,533,,536 +23-1
5,450..154+19*8
5,409,,900 +17*2
3,593,,955 —5-0
2,073,,346.+10*0

103,789,2

893,208,703
102,570,167
8 L555+50
48,977,349
19,201,871
39,642,260

- 87
47*0
—10*0
+L3*4
—2*4
—l ' l

1,102,802,135 1,215.215,800
400,471,785
306,715.248
242.075,278
*215,103.310
230.134.970
93.735,931
79,514,031
49,834.053
40,777.836
20,277,050
23.025,007
19,884,0jS

+ 10*8

419*4
12 0

37*3
+16*0
—0*4
+ 180
+155
+30*7
+5*1
+2*9*6
+3*9

208,240,918

184,008,952; + 12^ 2,106,891.182 1,857,579.259'+16*6

117,002,59_
71,219,623
87,353.76 s
13,314,233
11,354,208
18.202.778
15,991.314
11,032,352
4,727,522
4,002,368
2,94 s,530
2,249,782
5,034,577
1,994,020

110,239,723 +6*7
57,823,012 +23*2
28,768,598 +29*8
13,987,0601 —4*8
11+51,243! +1*8
10,031,225 +13*9
12.049,0061 +32 7
8,526,511 ,+29* 4
5,007,702 -5*0
5,152.925—10*7
2,606,709 i 412 9
2,324,170! —3*2
4,540,793 +10-7
1,700,00p:+13*3

317,745.748

279,074,737;+10*5 2,952,740,331 2.83 ,1, U .017

r35

Total all...... 6,012,071,128 5,402,523,488 +11*3 02,11)9,063,971 ^>6,940,811,805 +9*1
Outside N. Y.12,409,8.1 3.757' 2,113+78,244 +12*4 25,140,593.770 23.19 7.510.3' : 49*7

Compilation of sales, &c,, for 3-ears *93 and ‘91 is as follows:
Twelve Months, 1892.
Description. P ar Value j
or Quantit y

Actual
Value.

Tioelce Jfoufw. 1891.

Aoer’ije Par Valu*
Price, or QU'tntUy

A.oer .«
Price.

j | 99.031.tWO
571
83 5 j $9,97(1, ITSilO {3812217119
77-4
$333,711,000 $284,7*20,30 • 747
115*9
UV2 • $1,409.*))
40-1 , f3.4ia.i0i) $2.1 $.\024 01*4
157-4 |
ti.700.i4.:. $*,534,801 llS ‘5
$1,109310902 5*1
64*4
'$7,060,523085
$5,255320978
$810341341
$294575.21 34 1-0 C.
20,700,00 1 $11,577,185 56*fc. 1 45.6 28,000 $1,157553155
$43*37
$40-33
20.693.300
*1,748800540
13,359,5. >i
1585+5 i,3+ .'I,27027J282 SO 1-U>C[ 2,231,975,557 $2,1528353* • «3*C.
$7.41498 >73
i8.230O8O985

85,875.092 j 4374011202
Stock) f£ j9 $7070128977
RR. bonds.. $485,8 .7+00 $375,683,281
$1,991,935
Gov’t bonds $1.72'*,10"
$4,793,95 > $2,208,257
State bonds
$903,99 1 $1,123,193
Bank stocks
T o ta l...
Pet’Pm.bbls
Cotton..bis.
Grain, busb

Actual
Value.

Total valu*
F o r ta b le o f c le a r in g s by te le g r a p h s e e P a g e 3 1 .

THE CHRONICLE.

2
THE

em t

CITY

'See pane* 5 0 , 5 1 , 5 2 , S 3 a n d 51 for our State »nd
City Department.
A.11 advertisements with relation to State and City Bonds
will likewise be found on the same and following pages.

THE F I N A N C I A L S IT U A T IO N .

A continuation of gold exports is the only event of
the first week of the new year which possesses any great
significance. Other than that we have had the reports
about the probable action of the Rapid Transit CommissioiT afftcting the Manhattan Elevated stock;
rumors about Reading and tlio payment of inteiest on
its preference income bonds, terminating towards the
close of the week with a statement of an arrangement
tiTectid under which the floating debt of the company
and the interest referred to are to )>e p a id ; besidrs
minor other incidents of a favorable character, such as
the renewal of dividends on Denver & Rio Grande
preferred, and the report that a portion of the Union
Pacific’s collateral trust notes had been retired by the
sale of branch line bonds. As a result of these facts and
reports the stock market has been irregular and with
special exceptions lower. *
The money market has ‘‘een relieved from the special
pressure incident to the first of January payments and
has shown a somewhat easier tendency, the hank re­
serves also having been reinforced by further arrivals of
currency from the interior and by payments in excess
of receipts by the Government. On the first of Janu­
ary the inteiest on the public debt, that is on the 4 per
cents and the currency sixes, fell due, amount­
ing to about 74 million dollars.
These pay­
ments have in some measure gone into the banks, and
as there were r.o withdrawals of gold for export
until yesterday the result of the Government payments
and the interior movement is, as already slated, a
further addition to the bauk reserves. There has not
as yet been any important response to these influences
in the money market except the little tendency noted
above toward easier iates and an indisposition on the
part of borrowers to accept the terms of lenders for
time money, which terms have been the same as last
week. Indeed for the present it does not look as if
there would be any great change in money. Currency
will no doubt continue to come this way, but gold is
likely to go out just about as fast. Moreover the out­
flow of gold keeps up a kind of general distrust which
hinders free loaning, making lenders cautious and less
eager to putout their funds.
Money on call, representing bankers’ balances, has
leaned this week at 7 and at 4 per cent, averaging 5 per
cent, at which renewals have been made; banks and
trust companies quote G per cent as the minimum; the
demand lias been good and at the same time the market
has been well supplied by those who have been unable
to place their funds on time, by reason of the diverse
views of borrowers aud lenders. Time money is in very
fair request at 5 per cent, but the supply is held at G
per cent and consequently little is done; the offerings
are from various sources, including some of the city
banks; foreign houses are also in the market, but they
demand repayment of the loan in gold, as usual. Some
of the lenders discriminate against industrials and

fVOL. L \ I .

all require exceptionally good security. Com®
mercial paper is rapidly increasing in supply
as is natural at this season, and there is a fair demand
both from the city and the interior ; rates are 54 to 5f
per cent for sixty to ninety day endorsed bills receiva­
ble, 5J to G per cent for four months commission house
names, and G to 7 per cent for good single names having
from four to six months to run. The bank return of
last week showed that four of the larger banks held
$4,863,400 out of the $6,839,550 surplus reserve in all
the banks of the association.
There have been few features of interest in the
European situation this week. The investigation into
the Panama Canal scandal is progressing at Paris, and
each day brings some new disclosure, but political and
financial affairs are as yet undisturbed. The cable
reports discounts of sixty to ninety day bank
bills in London 14 per c e n t; at Paris the open
market rate is 24 per cent, at Berlin it is 24 per
cent and at Frankfort 24 per cent. According to our
special cable the Bank of England lost £25,121 bullion
during the week, holding at the close £24,372,807; this
loss, we are also advised by our correspondent, was the
result of £226,000 exported (of which £80,000 were to
Germany, £76,000 to Russia and £70,000 to other coun­
tries) an import of £19,000 from China and £182,000
received from the interior of Great Britain. The Bank
of France reports a decrease of £169,080 gold, and
since the last return the Bank of Germany has lost
about £898,000 of this metal.
Foreign exchange has been quiet but firm during
the week. There was a fair supply of commercial bills
received on Tuesday morning, but these were promptly
absorbed and then the demand was greatest for long
sterling because of easier discounts in London. There
was no change in rates compared with the previous
Friday until Wednesday, when Brown Bros, advanced
sixty day to 4 864 and the Bank of Montreal to 4 87.
The market closed easier yesterday at 4 864 to 4 87 for
long and 4 884 f°r short; rates for actual business were
4 85J to4 86 for sixty day, 4 874 to 4 S7f for sight, 4 87f
to 4 88 for cable transfers, 4 85 to 4 S54 for prime and
4 844 to 4 84f for documentary commercial bills. Two
millions of gold were withdrawn yesterday for export,
one million each by Heidelbach, Ickelheimer & Co. and
Lazard Freres.
Many of the returns of net earniDgs for November
which have been received this week are of a much,
more encouraging character than those to which we
directed attention last week. In fact, in several cases
the returns reveal very striking improvement over the
corresponding month of the year preceding. In this
category belongs the exhibit of the Denver & Rio
Grande, which company as noted above has just re­
sumed dividends on its preferred stock. Gross earnings
of the road for November 1892 stand at $848,698
against $741,514 for November 1891, and net earnings
$416,479 against $347,042. After allowing for the
month’s proportion of the fixed charges, there is a
surplus in 1892 of $183,221 against only $103,520
in 1891. For the five months of the fiscal year from
July 1 the surplus above charges the present year is
$753,087, against $517,248 last year. The Louisville &
Nashville also has a very good statement for November,
showing $135,566 increase in gross and $143,219 in­
crease in n e t; for the live months to November 30
the company has $384,010 gain in gross and $204,167
gain in net. The Chesapeake & Ohio likewise again
presents a very encouraging exhibit; with. $33,592.

THE CHRONICLE.

J anuary 7, 18P3.]

3

decrease in gross, the road has an increase of $59,463
in net, owing to the saving in expenses occasioned by the
reduction of renewal and improvement outlays. The
Atchison for November shows $258,455 increase in
gross and $158,541 increase in net, and for the five
months $1,074,591 increase in gross and $497,410
increase in n e t ; this is on the Atchison system proper.
On the St. Loui3 & San Francisco there is $15,034
decrease in gross and $87,746 decrease in net for the
month, but $268,704 increase in gross and $80,583
increase in net for the five months. The Colorado Mid
land has gained in gross both for the month and
the five months, hut loses $19,965 in net for the one
period and $38,776 for the other.
A few roads have done rather poorly. The Chicago
Burlington & Northern for November reports gross of
$187,211 against $221,101, and net of $68,045 against
$101,726. The Central of New Jersey, one of the an­
thracite coal roads, for the same month loses $111,685
in gross and $100,724 in net. The Norfolk & Western,
though having gained $32,752 in gross, reports $78,633
decrease in n e t ; for the calendar year, with $652,582
increase in gross, the net of the road falls $210,887 be­
hind, expenses having heavily increased by reason of the
larger mileage operated. The Rio Graude Western re­
ports for the mouth gross of $193,550 against $223,216,
and net of $65,086 against $80,423. The Minneapolis
& St. Louis has increased its gross $10,104, hut shows a
decrease of $4,077 in the net. The Buffalo Rochester
& Pittsburg has a gain in both gros3 and net—$56,931
in the former and $25,957 in the latter. On the Atlantic
system of the Southern Pacific, gross for the month is
$1,549,834 against $1,471,616, and net $667,313 against
$615,695. The Mexican Central shows $64,303 gain in
gross and $53,609 gain in net.
The following gives the week’s movements of money
to and from the interior by the New York banks.

T H E T R E A S U R Y O U TLO O K A T TH E
O P E N IN G OF T H E Y E A R .
The close of the calendar year is an appropriate date
to make a comparison of the status of the Treasury
cash and thereby gain some idea of tho future situa­
tion, though usually no speciil significance attaches to
the figures issued at that time. But this year there is
a political event in prosprW, a change of administra­
tion only two months hence, which gives to figures
shedding light upon the condition of the Government
finances at the opening of the new year more import­
ance than otherwise would attach to tho facts.
Unfortunately the monthly reports are not full enough
to be at any time a very definite guide for a judgment
with reference to the future. They have in the past
been more useful in that way than they now are, not
because they contain less information to-day, but chiefly
for the reason that the balance of cash carried is so
reduced and the actual disbursements so large that even,
a small amount of deferred payments, about which no
facts are available, would make a serious change in the
situation.
We can, however, best utilize the Treasury figures
issued this week by instituting a comparison with
the similar statement of a year ago. The severest
strain upon the Government cash comes with the first
seven months of the year. Ojnsequentlv as the course
of events during those months in 1892 is known, it is
instructive to learn relatively how the Treasury begins
the same period in 1893. The first fact which strikes
the attention is that the total cash holdings in sub­
treasuries and banks is about 10 million dollars smaller
Jan. 1 1S93 than on Jan. 1 1892. The total cash
now is reported at $169,944,712, whereas twelve months
ago the corresponding total was $179,740,847. That
would he a very substantial difference in any case ; hut
in this instance more consequence attaches to it for the
N et Interior
Received by Shipped by
Week E n d in g J a n u a ry 6,1893.
reason that the total on the first day of the new year was
Movement.
N .Y . Banks. N . Y . BanKs.
$5,191,000 $2,434,000 Gain. $2,757.000 even larger than on the first of last mouth and still
292,000
Gold ......................................................
704 000
412,000 Gain
larger than in some of the previous mouths, and that
Total gold and legal tenders . .. $5,895,000 $2,846 000 Gain.$3,049 000
these additions during late mouths have come from^
that
is have been possible only because of, larger
"With the Sub-Treasury operations and gold exports,
revenue,
which increase in revenue it is by no means
the result is as follows.
certain will continue to the same exteat many months
N et Change in
In to
Out of
Week E nding J a n u a ry 6 ,18£3.
longer. In other words, if the revenue had not shown
Bank Holdings
Banks.
Banks.
$5,895,000
Banks’ interior movement, as above
$2,846,000 Gain.$3,049,000 a substantial growth during the last six months the
Kub-Treas. oper. and gold exports... 19,500,000 17,500,000 Gain. 2,000,000 balance now on hand would be much smaller than it is.
Total gold and legal tenders....... $25,395,000 $20,345,000'Gain.$5,049,000 and consequently would make a far less satisfactory
comparison with the first of January 1892. But we
The following table indicates the amount of bullion
shall refer to this matter of revenue again shortly. A t
in the principal European banks this week, and at the present we give for comparison in our usual form the
c : responding date last year.
details of Government cash holdings on Jan. 1 1S93
and Jan. 1 1892.
Ja n u a ry 5, 1893.
Ja n u a ry 7,1892.
B ank of

Gold.
£
24,372,807
France............ 68.178,72*5
Germany*__ 32,182,500
Aust.-IIung’y 10,561,000
Netherlands.. 3,1?0,00(
Nat. Belgium ” 3.060.000
Spain..............
7.611.000

Silver.
£
50,569,854
10.727.500
16,889,0C0
7.097.000
1.530.000
5.232.000

Total.

Gold.

Silver.

Total.

£
£
£
£
22.468.478
24,372,807 22,468,478
118,718,530 53,e09,00( 19.946.000 103,555,000
42.910.000 34,292,25' 11,430,750 45.723.000
27.450.000 5,456.00' 16.659.000 22.115.000
10.267.000 3,230.00. 6.547.000 9.777.000
4,590,000 2.716.000 1.358.000 4.074.000
12.813.000 6.726.000 4,937,030 11.663.000

Tot. this week 149,136,033 92,045,351 241,181,387 123,497,728 90,877.750! 219,375.4 78
Tot. prev. w’k 150,227,317 92.571,031 212.801,348 127,445.230 30.270.167 217.715,103
* T h e d iv isio n (b etw een g o ld a n d silv e r ) g iv e n In our ta b le o l ooln and
b u llio n In th e B a n k ot G erm a n y a n d th e B a n k o f B elg iu m la m ade from
th e b eet e stim a te w e are a b le to obtain; In n e ith er c a se Is It claim ed to
b e accu ra te, a s th o se b a n k s m ak e n o d istin c tio n in th eir w eek ly r etu rn s)
m e r e ly rep o rtin g th e to ta l gold and s ilv e r , b u t w e b e lie v e th e d lv lsio r
w e m ak e is a o lo se a p p ro x im a tio n .
Mo t e .—We r e c e iv e th e fo r e g o in g r e s u lts w e e k ly b y o a b le , and w h ile noi
•U o f th e d a te g iv e n a t th e h e a d o f th e oolu m n , t h e y are th e r etu rn f
neued n e a r e s t to th a t d a te —th a t Is, th e la t e s t rep o rted tigu res.

,------------- J a n u a r y 1 ----------H o ld in g s by T re a su re r in sub -lrca s’ies.
1892.
1893.
N e t go ld c oin an d b u llio n .^ .............................. $ 1 3 0 ,7 4 0 ,6 3 1
$ 1 2 1 ,2 6 0 ,6 6 2
N e t s llr e r c o in an d b u llio n ..............................
5 ,0 4 2 ,3 4 7
5 .0 1 7 ,4 0 3
U. S. T reasury n o tes, a c t J u ly 14 1 8 9 0 ....
2 ,0 3 1 ,0 1 5
J .7 0 5 ,9 6 7
L eg a l ten d er n o te s ..............................................
3 ,6 4 8 ,6 6 5
8 ,6 4 . ,4^6
N a tion al b ank n o te s ...........................................
4 ,6 5 1 ,1 5 2
6 ,0 4 3 .0 5 9
F raction al s ilv e r ..................................................
1 3 ,7 8 9 .32.)
1 0 ,5 « l . l b l
T otal G ov’t ca sh in su b -tre a su r ie s........$ 1 5 9 ,9 0 3 ,1 0 5
A m ount in n a tio n a l b a n k s ...................
1 9 ,337,082

$ 1 5 4 ,2 5 2 ,0 4 8
1
- ,^ >t

T otal ca sh in b a u k s and su b -treasu ries $ 1 7 9 ,7 4 0 ,8 1 7

$ 1 6 9 .9 1 4 . - 1 2

Another important difference in the character of the
situation at the opening of the two year* i3 th it the
net gold holdings on Jan. 1 1893 were only ->1 .1. *'-**-*>662, against 8130/740,631 on Jan. 1 1892, That is to
say, almost all the loss noted above in total cash hold­
ings between these two dates can be accounted for b j

4

THE CHRONICLE.

[V ol. L 7 I.

the loss in the gold item, the loss in gold being $9,473,- increased income from Customs revenue. With refer­
969 and the loss in total cash holdings being $9,796,135. ence to the internal revenue receipts we see no reason
Of course then, as this gold item stands to-day it is why they should not continue to show growth unless
obvious to every one that it will need reinforcement by general business should receive a set-back. It has been
a sale of bonds before the summer is ended, if the almost the uniform history of those imposts to yield
movements in and out of the Treasury are to correspond increasing results whenever the laws remained fixed
with the movements a year ago. For though thb for a time. For the last six months they have netted
total gold was $130,740,631 on Jan. 1 1892, $84,613,697, against $77,057,281 in the corresponding
the total on August 1 1892 was only $110,- six months of 1891, being an increase of a little over 7^444,392.
Hence, we repeat, if the movements million dollars, the miscellaneous income having de
of gold in and out of the Treasury up to August 1 1893 creased.
are the same as they were for the like period in 1892, a
sale of bonds is requisite, for in that case there would B U S IN E S S C O N D IT IO N S R E F L E C T E D I N
be substantially no gold left on August 1 other than the
M E R C A N T IL E FA ILU R E S.
100 milliors reserve, since the start on January 1 1893
In
writing
a year ago with regard to the failures, we
is with a smaller gold total by nearly 10 millions of
stated that the larger number and the large liabilities
dollars. But we need not dwell upon that point. If
there is -to be a change of policy by Congress, the annual list at that time disclosed were due to un­
of course the whole aspect changes. The significance favorable circumstauces which had then already passed
of the fact we have brought out lies in the circumstance into history; and furthermore that our industrial con­
that whether there is a change of policy or not, the dition at that date other than the currency weakness
Treasury begins the first of January much less favorably was more than usually sound and promising. This
situated than it began the previous January ; and satisfactory outlook in January 1892 was the result
consequently it would seem to be the part of prudence of our immense crops in 1891 and the higher prices we
to change the Government policy at an early date or to had been getting for them during the last half of that
year. That outlook has been fully realized. Even
make early arrangements for the sale of bonds.
We have already remarked upon the increase of before examining any evidences of the volume and
revenue which has been such an important feature of character of the business during the year which has
the last six months. Our readers will find to-day a just closed, no one would hesitate to say that 1892 has
statement by months of the Government revenue and proved far more prosperous than either 1891 or 1890.
Taking the failures as a test of trade environment,
disbursements for the two years in our “ Commercial and
we
find this conclusion well supported. For illustra
Miscellaneous Kews” department. By that statement
tion,
according to R. G. Dun & Co.'s record, the num­
it will be seen that in December the receipts aggre­
ber
of
disasters was 10,344 in 1892 and the liabilities
gated $33,213,000, against $27,933,000 in December
were
$114,044,167,
against 12,273 in number and $189,1891, or an addition of $5,280,000. As the total Gov­
868,638
liabilities
in
1891. If we look back further the
ernment cash in banks and sub-treasuries increased
in December 1892 only a trifle over 3 million dollars, comparison becomes more striking, for we discover that
it appears that there would have been a loss in that the total of liabilities has not been so small as report­
total of 2£ millions instead of an increase if the revenue ed for last year since 1882, although during the ten years
had been no larger than in December 1891.
Or farm products, mineral production, manufactures, rail­
take a view of the effect on the Government road and other stocks and bonds have all been largely
cash of the increased revenue from a date further back. added to, some of them very largely, and the volu me of
For the six months from July 1 the Government transactions thereby resulting must have correspondingly
revenue has increased a trifle more than $20,000,000 increased. Of course prices have fallen to some extent
over the same six months of 1891, the totals for the in the same time; and yet with such a growth in pro­
six months of 1891 being $175,745,287 and of 1892 ductions there would be growth in liabilities if “no bet­
being $195,853,880. Consequently, as the Govern­ ter state of business solvency existed than in the
ment cash in banks and sub-treasuries on July 11892 earlier years referred to. But in this case there has
was $164,751,981 and on January 1 was $169,944,712, been, we repeat, no year when liabilities were so small,
if there had been no increase in the revenue the Gov­ leaving the inference that there has been no year when
ernm ent' cash would on the first of January 1893 the business public was so comfortably situated. To
have been $20,108,593 less than it is now reported, or bring out this fact, and some other interesting and in­
structive features of the 1892 results, we have prepared
$149,836,119.
The significance of the statements we have just made the following statement.
N uirib er
N um ber
P r o p o r tio n
lies in the query whether an increased revenue can be
L ia b ilitie s.
Y e a r.
in
of
F a ilu re s lo N o.
expected the coming six months. We assume thR it
F a ilu re s B usin ess,
i n B u sin e ss.
Total.
Average.
is wanted to meet the large expenditures in progress. 1 8 9 2 ........ 1 0 ,3 4 4 1 ,1 7 2 ,5 4 5
1 in 113
$ 1 1 4 ,0 4 4 ,1 6 7 $ 1 1 ,0 2 5
But wanted or not, the facts do not encourage the 1 8 9 1 ........ 1 2 ,273 1,14 2 ,9 5 1
l i n 93
1 8 9 ,8 6 3 ,6 3 3
1 5 ,471
10,907
1 ,1 1 0 ,5 9 0
1 in 1 02
1 8 9 ,8 5 6 ,9 6 4
1 7 ,4 0 6
belief that a correspondingly large increase will be 11 88 89 90 ___
........ 1 0 ,882
1 ,0 5 1 ,1 4 0
1 4 8 ,7 8 4 ,3 3 7
1 in 97
1 3 ,672
forthcoming. Of the growth in revenue the last six 1 8 8 8 ....... 1 0 ,679 1 ,0 4 6 ,6 6 2
l i n 98
1 2 3 ,8 2 9 .9 7 3
1 1 ,5 9 5
1
8
8
7
........
9
9
4
,2
8
1
9,631
1 in 103
1 6 7 ,5 6 0 ,9 4 4
1 7 ,392
■months $14,853,886 came from Customs duties; Cus­
9 ,8 3 4
1 8 8 6 ........
9 6 9 ,8 4 1
l i n 98
1 1 4 ,6 4 4 ,1 1 9
1 1 ,6 5 1
tom s duties from January to July in 1892 yielded, we 1 8 8 5 ........ 1 0 ,6 3 7
9 1 9 ,9 9 0
1 In 86
1 2 4 ,2 2 0 ,3 2 1
1 1 ,678
9 0 4 ,7 5 9
l i n 83
2 2 6 ,3 4 3 ,4 2 7
2 0 ,6 3 2
notice, $92,160,000, or $6,438,000 more than in the last 1 8 8 4 ........ 1 0 ,968
1 8 8 3 ........
9 ,1 8 4
8 6 3 ,9 9 3
1 in 94
1 7 2 ,8 7 4 ,1 7 2
1 8 ,823
six months of 1891. Hence the comparison for the 1 8 8 2 ........ 6,7 3 8
8 2 2 ,2 5 6
1 in 1 22
1 0 1 ,5 4 7 ,5 6 4
1 5 ,0 7 0
1 in 1 40
7 8 1 ,6 8 9
8 1 ,1 5 5 ,9 3 2
coming six months will be with larger figures by 1 8 8 1 ........ 5,5 8 2
1 4 ,5 3 0
4 ,7 3 5
7 4 6 ,8 2 3
1 in 158
6 5 ,7 5 2 ,0 0 0
1 3 ,8 8 6
about 6-J million dollars than during the last six 11 88 87 09 ........
.......
6,658
1 in 105
7 0 2 ,1 5 7
1 4 ,741
9 8 ,1 4 9 ,0 5 3
months. As there is a prospect that under the 1 8 7 8 ........ 1 0 ,4 7 8
6 7 4 ,7 4 1
l i n 64
2 3 4 ,3 8 3 ,1 3 2
2 2 ,3 6 9
new administration duties will be decreased, that
We think it would be difficult to express more clearly
fact would alsojtend to lessen the expectation of an the favorable conditions which have prevailed in busi

J anuary 7, 1893.]

THE CHRONICLE

cess circles in 1892 than is done by the foregoing.
Every column of the table lielps to confirm that view.
Take as an instance the column giving the proportion
of failures to the numbi r in business. Of course the
number in business is all the time increasing, so that
the fact that there has been an increase in the number
of failures compared with a previous year does not of
itself prove a worse condition of trade. But these pro­
portions allow for that difference and consequently
represent the relative situation. Thus in 1884 one in
every 83 failed and in 1878 one in every 64 failed, while
this year only one in 113 failed, which is not only a
better result than in the years named but the best
record of any year back'to 1882. Look also at the
showing as to average liabilities—an average of only
$11,025 in 1892, which is the smallest average in the
whole fifteen years. We criticised and showed the
inaccuracy of a very unfavorable opinion expressed by
a London journal last fall on the subject of America’s
trade condition, we insisting that commercial affairs
were in a promising state here, indeed in better shape
than in any other country in the world. These figures
fully corroborate our contention.
But notwithstanding all that we have said is true, if
we were to gather accurately the consensus of the
whole business community, the result obtained would
not support the idea that this has been a conspicuously
prosperous year. Consumption of almost every article
of merchandise has been large and the cotton goods in­
dustry has probably thrived beyond any other; the gro­
cery trade in nearly all its branches has likewise en­
joyed a good share of activity with fairly remunerative
prices ruling. On the other hand, large and important
departments of business and sections of the country
have shared to a very small degree in the better condi­
tions as to profitableness, while there has been almost
everywhere an absence of buoyancy and an entire un­
willingness to invest in undertakings at all venture­
some. Stated in brief, we have apparently been in the
midst of prosperous conditions, and yet as a people
without achieving prosperity. Our last taste of full
industrial success was in 1879 to 1882, concurrently
with the resumption of gold payments, when the fail­
ures dropped to only one in 158 in business.
This fact briugs up a peculiarity in the figures taken
from any of the later reports of failures—a feature which
seems to be typical of the times. It will be noted that
for five years now these disasters have reached an annual
total of over ten thousand and for every year since 1882
the number has been over nine thousand, and in all
but three of the ten years over ten thousand. Tnis
serves to indicate that of late in even our best years
the risks of business have become greater than they
used to be, while the small average liabilities which
mark so many of the years suggest that the men who
fail are the smaller capitalists. No doubt the returns
would prove this latter fact to be the conspicuous
feature of all recent years if we could eliminate from
each return the few large failures. The Messrs. R. Gh
Dun & Co. would greatly add to the usefulness of
their compilation by giving each ypar a short
additional statement dividing the liability item
into classes arranged according to the amount
of liability, so that comparison could be made
from year to year between the insolvents of each
grade. Even as the table stands, contrast the yearly
number from 1879 to 1882 with the number from 1883
to 1892, and also note how large relatively the average
of liabilities was in the earlier good period from 1879

6

to 1882 and how much smaller the average has been in
many of the recent years. Small average liabilities
then, when coupled with a large number of failures, do
not afford evidence that business conditions favor all
classes of traders; they are in that case evidence
rather of a narrow margin for profits, of severe compe­
tition, and of a hard struggle and a poor chance for
the small capitalist.
OUR C E R E A L CROPS.
The Department of Agriculture at Washington has
this week submitted its final estimates of the grain
crops of 1892. They reveal no new or pirticularly
striking features, but confirm previous statem- ntsas to
the generally satisfactory outcome of the year’s harvests.
On the whole the final figures accord very closely
with the earlier indications of the result.
The
changes, such as they are, are in the direction of higher
rather than of lower totals. Of course there is a falling
off from the heavy production of the year preceding,
but the crops,then were simply phenomenal and nobody
expected or even desired a repetition of that year’s very
exceptional yield.
The Department now places the wheat crop at
515.949.000 bushels. The October report of the yield
per acre was supposed to indicate a crop of about
520 million bushels, but in the November report the
Statistician took pains to state that the returns given
the previous month pointed to a product “ not exceed­
ing 500,000,000 bushels,” with a certainty of light
weight in any event. In the present report he also
speaks of the crop being light in weight, but puts the
product in measured bushels, as we see, about 16
million bushels in excess of 500,000,000. As re­
gards corn, the November report stated that the
promise was for an aggregate production of a little
more than 1,600,000,000 bushels; from the returns of
yield per acre we figured the yield at the time at 1,631
millions; the Department now makes the out-turn
1.628.464.000 bushels. In the case of oats, the change
is somewhat more important. The October returns of
yield per acre foreshadowed a total of 616 million
bushels; the Bureau now makes the crop 661 million
bushels. The following shows how these final esti­
mates for 1892 for the crops given compare with the
final estimates for previous years.
CROPS OF W H EAT, CORN AND OATS.

Total
Production.

1892.

1891.

1890.

1889.

1888.

Bushels.
Bushels.
Bushels.
Bushels.
Bushels.
Cora ............. .. 1,628,464,000 2,060,154.000 1,489,970,000 2,112,892,00 • 1,5)87.790.000
515.949.000 011.780.000 309,262,0(10 490,560,00.) 415.868.000
061.035.000 738.394.000 523.621,000 751,515,000 701.735.000
Total.............. 2.S05,418,000 3.410,328,000 2,412,853,000 3,& 4,967,000 3,105,393,000

We see from this that against 516 million bushels in
1892 the wheat crop the previous year was 611 million
bushels ; but, as already stated, this latter was phenom­
enal and unprecedented. With that exception the
1892 production is the largest in the history of the
country; in fact it has happened only four times
(counting in this both 1892 and 1891) that the crop
reached as much as 500 million bushels, from which
one gets an idea of the magnitude of the late year’s
yield. The oats crop at 661 million bushels compares
with 738 million bushels for 1891 but with only 523
million bushel - for 1890. The total is not as large ai
in 1889 or 1888 but larger than in all previous years.
The 1892 corn production has been several times ex­
ceeded, but the amount at 1,628 million bushels,

THE CHKONLCLE.

6

though comparing with 2,060 million bushels for 1891,
compares with only 1,190 million bushels for 1890.
Altogether the 1892 grain crops, as said at the outBet, have proved quite satisfactory. They are the more
satisfactory if we consider the large surpluses left over
from the crops of 1891. That these surpluses are an
important element in the situation is evident from the
enormous visible supply of wheat now being carried in
the United States, the New York Produce Exchange
having reported the total last Saturday 81,291,000
bushels, against only 15,668,721 bushels the previous
year and but 25,817,075 bushels two years ago. In view
of the surplus from the 1891 crops, it is desirable to com­
bine the two years’ crops and compare the aggregates
for that period with the aggregates of previous twoyear periods. This is done in the following.
CROPS IN TW O-YEAR PERIODS.

Y ears.
W heal.
C orn.
Oats.
Total.
1 8 3 7 & ’8 8 .. 8 7 2 ,1 9 7 ,0 0 0 3 ,4 4 3 ,9 5 1 ,0 0 0 1 ,3 6 1 ,3 5 3 ,C ro 5 ,6 7 7 ,5 0 i ,0 0 0
1 8 8 9 & ’9 0 .. 8 8 9 .8 2 2 .0 0 0 3 ,6 0 2 ,8 6 2 ,0 0 0 1 ,2 7 5 ,1 3 6 ,0 0 0 5 ,7 6 7 ,8 2 v ,0 0 0
1 8 9 1 & ’9 2 ..1 ,1 2 7 ,7 2 9 ,0 0 0 3 ,0 8 8 ,6 1 8 ,0 0 0 1 ,3 9 9 ,4 2 9 ,0 0 0 6 ,2 1 5 ,7 7 6 ,0 0 0

Thus the production of wheat, corn and oats for the
last two years has been 6,215 million bushels, against
only 5,767 million bushels in the previous two years,
and but 5,677 million bushels in the two years preced­
ing. The bulk of the gain is in wheat, but corn and
oats also show larger totals for the last two years than
for either of the preceding two years. In one respect
of course the agricultural situation is unfavorable,
namely as regards prices. The Agricultural Bureau
makes the average farm price of wheat for 1S92 only
62-4 cents per bushel, or the lowest ever reported. In
1891 the average was 83-9 cents. For corn the average
price i3 39’4 cents against 40’6 cents, and for oats 31’6
cents against 31’5 cents. It is desirable to knowhow
the falling off in the production of corn in 1892 as
compared with 1891 is distributed among the different
States, and accordingly we give the following.
Corn.

Iowa.................
Illinois.............
Kansas.............
M issouri..........
Nebraska.........
Indiana............
Ohio................
Texas...............
T ennessee......
Kentucky........
Pennsylvania..
A rkansas........
W isconsin......
M ichigan...—
M innesota......

Production, Production. Production Production Production
1892
1691.
1890.
1869.
18S8.
B u diets.
200.221,000
165,827,900
145,825.001
152,189.000
157.145.000
103,334,900
83,853,000
73,642,00c1
61,274,000
6S.S05.000
39,632,000
S4,344,000
27,347,00(
23,218,000
24.192,000

Bushels.
Bushels.
S50,S78,000 232,439,000
234,850,000 187,446,000
141,893.000
£5,269,000
293,210,000 175,345,000
167/52,000
55,310,000
123,622,000 89,025,000
91,092,000
65,876,000
70/35,000
63,802,000
82,552,000
67/92,000
82,795,000
63,645,000
46,527,000
39,043,000
42,155,000
33,443,000
2t»,718,000
33,061,000
31,133,000
26,590,000
21,5Sd,000
21,286,000

Bushels.
349,966,000
259,125,000
240,508,000
218,841,00 •
149,543,000
106,656,000
88,953,COO
83,698,000
SO,831,000
75,382.000
41,225,000
42,608,0028,415,000
22,737,000
21,263,000

Bushels.
278,232,000
278,060,000
158,180,000
202,583.000
144,217.000
125,478,000
93,018,000
92,436,000
75,665,000
81,545,000
45,414,000
41,543,000
32.733,000
29,025,000
20,622,000

Total.......... 1,360/48.006 L,723,628,000 1,208,262,000 1,809,751/00 1,698,'757,000
All others....... 267,616,001 336,526,000 281,708.000 303,141,000 289.033,000
Total U .8 ....... 1,628,464,001 2,060,154.000 1.489.970,000 2,112.892,000 1,987,790,000

It will be seen that the bulk of the decrease from
1891 is found in three States, namely Iowa, Illinois
and Missouri. Kansas is one of the States that show
a larger yield than in the year preceding, Texas being
another.
C L E A R I N G S A N D SP E C U L A T IO N .
No one of course is surprised that the aggregate of
bank clearings for 1892 is considerably lirger than for
1891. Such a result follows naturally from the condi­
tions which prevailed. As the volume of clearings in
1891 fell off because of diminished business activity
and the poor crops of 1890, so in 1892 it increased
because of the large crops of 1891 and the increase in
general mercantile activity caused by that circumstance,
and also by the building operations connected with the
prospective World’s Fair. The favoring influences

[VOL. LV L

mentioned were so pronounced in their effects th a t
they completely overshadowed certain adverse factors,
such as the depression in the South and on the Pacific
Coast.
In the total for all the clearing houses there is an in­
crease as compared with the twelve months of 1891 of
9T per cent; outside of New York the ratio of in­
crease is a little larger, reaching 9-7 per cent. Thegains were not uniform through the different periods
of the year ; very marked improvement occurred in the
early months, when the influence of the large crojB o i
1891 and the speculation on the Stock Exchange en­
gendered thereby were most p o ten t; after that the gain,
became less important, September and October actually
showing a loss ; in November and December, however,
improved results again occurred, December in fact
standing among the best months of the year. Con­
sidered by quarters there was an increase of 22*6per cent in the first quarter, of only 7*5 per
cent in the second quarter, of no more than-.
0 ’7 per cent in the third quarter, but of 6*4 per
cent in the fourth. If we exclude New York from the
totals and thus eliminate the varying effect of Stock
Exchange speculation, the comparisons reveal somewhat
more regular results; but even in this case the secondquarter shows smaller improvement than the first and
the third smaller than the second, with a change in a n .
upward direction again in the fourth quarter, the last
month being among the best of the twelve. In other
words, on that basis the increase outside of New Y ork
is 11’7 per cent for the first quarter, 9’5 per cent for
the second, 7’3 per cent for the third and 10T per cent
for the fourth, December recording 12’4 per cent gain.
Bank clearings do not always furnish an absolutely
reliable guide to trade conditions, but in the present
instance we think they reflect the situation pretty accu­
rately. The following table in our usual form fu r­
nishes a comparison of the clearings by months bothwith and without New York.
MONTHLY CLEARINGS.

Month.

Clearings Outside New York.

Clearings, Total All.
1892.

1891.

P. ct.

1892.

$
$
9
January.... 5,653,364,766 4,967,201,252 +13-8 2,104,748,800
3,973,059,963
1,939,838.135
February .. 5,207,327,071
+31*1
March...... 5,296,215,774 4,231,119,720 +25-1 2,035,569,251
1st quar.. 16,156,907,611 13,174,380,925 +22 6 6,110,176,186
April.........
May...........
June...........

1391.

P .C i.

8
2,010/01,880 +4-71,668.522,867 +18*1
1,788,013,198 +13*8
5,466,737,951 +11*3

5,083,250,253 4,809,379,055 +5*8 2,010,732,893 1,913/01,261 + 5 1
5,030,866,169 4,809,892,260 +4-0 2,050,705,624 1,903,153,738 +7-7
4.934,575.714 4,378,933,019 +1-2-7 2,127,552,977 1,833,420,397 +16* 2_

2d quar... 15,051,692,136 13,998,204,334 +7-5 6,188,991,494 5,650.075.396 +9*5
6 months. 31,208,599,747 27,172,585,269 +14*9 12,299,167,680 11,116,313,347 +10*6
Ju ly........... 1,(137,637,305 4,392,464,102 +5*6
August...... 4,531,9 8,969 4,180,843,183 +8*4
September. 4,810,848,539 5,301,498,249 -9-6
3d quar... 13,970,484,903 13,876,895,539 +0-7
9 months 15,180,061,650 41,049,390,808
October.... 5,414,977,315 5,495,373,196
November. 5,492,929,SS1 4,999,551,313
December.. 6,018,071,128 5,402,523.488

2,059,160,683 1,914,347,854 +7-6
1,99‘ ,876/18 1,777,345,136 +12*42,032,390,305 1,930,978,040 +2*6
6,089,427,506 5,672,671,030 +7-3

+10-1 18,383,595,186 16,789,484,377 +9*5
—1*5 2,336,470,479 2,213,263,568 +5*&
+9-0 2,311,715,351 2,061/93,404 +12* T
+11*3 2,409,812,757 2,143,478,244 + 1 2 4

4th quar. 10,919,978/24 15,897,450,997 +6-4 7,057,998,587 6,408,035,216 +10*1
Year....... 62.109.062,974 56,816,841.805 +9-1 '25.446,593,773 23,197,519,593 +9*2

It is interesting to note that the course of stock
speculation, as measured by the share transactions on th e
New York Stock Exchange, has been almost precisely
parallel with that of the clearings. In the first quarter
the sales were 30,360,100 shares, in the second quarter
18,366,325 shares, in the third 15,914,068 shares, in th e
fourth 21,234,599 shares. As compared with th e cor­
responding periods of 1891, there was an increase of
almost 18 million shares in the first three months, an
increase of barely a million shares in the second three
months, a loss of over four million shares in the th ir d .

J

anuary

7, 1898.J

THE CHRONICLE.

7

three months and a gain of 2 million shares in thela3t NUM BER AND VA LU E OF SHARES SOLD AT N E W YORK STOCK EXCHANGE
three months. A3 far as the influence of these
S to ck s," A v ’g e
V a lu e s*
share transactions on bank clearings is concerned, a Y e a r . S h a r e s. P r ic e (a p 'r o x in P te ) Y ea r. SStoh ac rkess,•. \Pvr ic’v ee (a pV'raolux elms*'ta )
new factor was introduced in 1893 in the organization 1 8 9 2 .... 85,875,092 63*5 $4,874,014,262 1 8 8 3 .... 97.M 9.0W 81-81 l» .a 6 6 ,flW ,9#l
of the Stock Exchange Clearing House. This institu­ 1 8 9 1 .... 69,031,689 57*1 3.812.247,419 1 8 8 2 ... 116307,2711 60*12 7,680,453,436
tio n began business in May last, and, starting with 1890 .. 71,282,835 60-2 3,977,664,193 1 8 8 1 .... 111,511,3-13 7 1 8 9 8,197,306, M I
1 8 8 9 .... 72,014,600 6 P 0
4,059.231,891 1 8 8 0 .... 97.919,093 69 00 6,819.080.051
three or four stocks, now clears the transactions in
1 8 8 8 .... 65,179,106 62-5
3,539.519,143 1 8 7 9 .... 72,703,702 50'83 4,130.633.370
nearly all the more active share properties, reducing 1 6 8 7 .... 84,914,610 0 1 1 4,508.778,899
1 8 7 8 .... 89,875,393 81*10 2,157.269.581
a t once the ordinary bank clearings and involving a 1 8 8 6 .... 100,802,050 6 5 0 5,885,602,200 1 8 7 7 .... 19,832,900 32-20
2,601,280,512
very important saving in bank certifications. In the 1 8 8 5 .... 92,538,947 61*1 5,479,859,840 1 8 7 6 .... 39,920,990 53'10 2,132,050,433
■early months of the year, when the sharo sales were 1884 . . . 96,134,971 01-77 5.939,500,000 1 8 7 5 .... 53.813.937 ' 53*20 2 ^ 0 2 ,0 0 3 ^ 8 3
largest, this factor did not exist to affect results ; later * T he s h a re s o f sto ck s w e tak e from th e record k ep t k y th e J o u r n a l o f
C om m erce for th e years 1875 to 1 8 3 4 , in clu sive; sin c e 1835 th e to ta ls
'« a , when the dealings fell off, the effect on bank clear­ are
our ow n com pilation.
t The v a lu e s o f sales for th e years 1 8 7 5 to 18 8 2 , in c lu siv e , are th e
ings was made still more pronounced by the operation of figures
m ade up b y The P ublic. The totals for th e rem ainin g years are
this new contrivance. Disregarding that circumstance our ow n.
Consideration of the changes in activity of Stock
for the present, the following shows the share sales in
num ber and value for each month of the last two years. Exchange speculation from year to year is essential to
SALES O F STOCKS AT TH E NEW YORK STOCK EXCHANGE.
a correct interpretation of the course of bank clearings
in the same years. The market value of the share
1392.
1891.
sales
in 1892 was 4,874 million dollars, the value of the
Values.
Values.
ifeiieA. Number
N um ber
of Shares.
sales in 1891 3,812 million dollars, giving an increase
Par.
Actual. o f Shares,
Par.
Actual.
$
$
$
of 1,062 million dollars, which on the basis of our old
*
J& a— 9,992,013 933,019,100 533,383,777 5,618,789 540,138,550 268,489,862
-areb.... 11,434,111 946,071,600 571,380,647 3,275,894 318,304,625 175,663,847 method of computation (that is an average of 2£ checks
8£&rch. 8,933,946 773,129,890 481,094,977 3,646,978 348,087,345 195,207,053 to each transaction) would represent an addition to the
l« tq r 30,360,100 2,652,220,590 1,588,859,401 12,541,661 1,206,530,520 639,450,762
clearings of the Clearing House Association of 2,655
A pril... 6,815,143 555,520,360 367,134,999 7,183,818 699,306,920 422,983,510
But owing to the formation of the
M ir — . 6,176,456 570,245.525 362,627,687 6,288,232 610,044,000 372,333,386 million shares.
JglUA-. 5,374,727 504,537,150 332,807,568 3,978,514 390,588,525 233,397,187 Stock Clearing House, which ha3 reduced clearings,
2<I qr. 18,366,325 1,630,303,035 1,062,570,254 17,450,564 1,796,539,445 1,028,714,083
that method of computation is not available in the pres­
mos.- 48,726,425 4,282,523,625 2,651,429,655 29,992,225 2,913,069,905 1,668,164,845
ent case. Just what the saving in clearings has been on
■Jinty.... 3,613,374 337,567,350 229,303,649 3,154,417 309,692,100 180,596,153
The new
Attfnist 5,447,178 496,602,702 321,470,097 5,845,383 574,306,250 324,048,669 that account cannot of course be determined.
S e p t.... 6,853,516 600,408,100 3; 9,503,815 11,176,232 1,079,688,850 592,654,462
Stock Clearing House clears not only the ordinary sales
3 d qr. 15.914.0o8' 1,434,838,152 930,280,561 20,176,032 1,963,687,200 1,097,299,283
from day to day, but also various other transactions
3 BIOS.. 64,640,493 5,717,161,777 3,581,710,216 50,168,257 4,876,757,165 2,765,464,128
Altogeth­
O c t..... 7,042,836 649,152,900 412,424,192 6,736,872 652.261.450 373,563,805 involving the receipt and delivery of stocks.
5,836,803 534,709,850 357,447,312 5,348,652 503,826,475 302,082,331 er 63,272,890 shares (counting one side only) were
S e c . .. 8,354,900 769,104,450 522,432,542 6,777,908 613.327.450 371,137,155
cleared by the new institution up to the end of 1892, and
4 th qr 21,234,599 1,952.967,200 1,292,304,016 18,833,432 1,799,415,375 1,046,783,291
"STear... 8'»,875,092 7,670,128,977 4,874,014,262 69,031,689 6,870,172,540 3,822,247,419 through these clearances a saving in bank certifications
Eor the full twelve months the sales at 85,875,093 of checks was effected of about 2,419 million dollars.
shares for 1893 compare with 69,031,689 shares for The saving in bank clearings would of course be les3
1831, giving an increase of a little less than 17 million than this, since some of the certified checks would
shares. IVe have seen that in the first three months necessarily be deposited in the bank certifying them
there had been an increase of almost 18 million shares. and hence would not have to go through the Clearing
Hence except for this period of activity the total for House Association, and consequently would not in any
th e year would fall below that for the previous year. event count in the bank clearings. It is obvious, how­
Another important point to bear in mind with refer­ ever, from the magnitude of the saving in certifications
ence to the Stock Exchange business of the twelve that the saving in bank clearings must have been large
months is that dealings in the so-called “ industrial" also. This explanation will help us to a better under­
properties have been unusually prom inent; indeed, standing of the subjoined record of bank cleariogs in
these properties frequently monopolized most of the the United States extending back to 1878.
CLEARINGS.
attention on the Exchange, to the neglect of dealings
Per Ct
Clear­
Per Ct.
Per Ct.
in railroad properties. Even with the industrial shares
Total
New York Inc. or ings Outside JInc. or
Inc. or
Year,
Clearings.
Clearings.
included, however, the share sales at 85,875,093 shares
Dec.
New York, i Dec.
Dec.
fo r 1892, though larger than for any year since 1886, 1892........... $33,662,409,201 +8*6 £25,446.593,773! +9-7 $62,109,002,9741 +9*1
33,749,322,212 - 9 9 23,197,519,503 -0*8 50,01rf,S41,805
are smaller than in that year and smaller than 1891...........
+8-3
1890........... 37,458,607,609 +4*4 23,370,482,393! +15*2 60,829,090,002
In all the preceding years back to 1879. Thus in 18S9........... 35,S93,104,905 -f-15'4 20,2S0.223,092' +to*o 56,175,327,997 +13*4
-8*1
1888........... 31,100,027,521 —7*1 lS,441,e07,34«! +4*3 49,541.634.867
1886 the aggregate reached over lOOf million shares, 1837............ 33,474,556.20S -0*6 17,672,972,82- +13*2 51,147,529,094 +3*8
1886........... 33,070,829,012 +19*0 15,616,-91,000! +17*2 49,*293,721,213 +1S-9
in 1885 924 million, in 1884 96 million, in 1885
......... 28,152,201,336 -9*1 13,321.839,708 +0*8 41,471,041.044
1884...........
30,985,871,170 —17‘2 13,214,113,613 - 7 6 44,199,984,783 - 1 4 0
1883 97 million, in 1882 116 million, in 1881 1144
1883........... 37,434,300,872 -20*2 14,297,171,924 + 3 4 51,731,472,796 —150
million, and in 1880 98 million. I t is proper to state 1882........... 46,910,955,031 -5*0 13.902,280.570 -0*9 00,878,241,610 —TO
49,S?6,SS2.883 +27*9 14,094,500,331 +23*9 03,471,359,214 +27-0
th a t dealings on the Consolidated Exchange (which 1881..........
1880........... 3S.614.448,223 +32*1 11,375,400,000 +22*4 49.080.MS, 323 +29-7
clears its own transactions) have been growing, that 1879........... 29,235.673,829 +47*2 9,290,800,000 +16*8 38.526,473,820 +38*5
-8 8
-6*2 27.813.771,307
Exchange having dealt in 33,554,085 shares in 1892 1878........... 19,858,671.307 -0*7 7,955,100,000
We have arranged the foregoing so as to show the
and 27,332,929 shares in 1891. On the two Exchanges
combined the sales would be 96,364,618 shares for figures for New York and the rest of the country sep­
1891 and 119,429,177 shares for 1892; even on that arately, giving also however the total of the two com­
basis, however, the total for the latter year is but bined. In this way the results are most interesting
slightly larger than the sales by the Hew York Stock and are also most easily analyzed. Taking first the
Exchange alone in 1882 or 1881. The following com­ total for the whole country, it is seen that while the
pares the sales on the New York Stock Exchange for clearings for 1892 are much larger than for 1891 and
also larger than for 1890, and in fact larger than in_
■the last eighteen years.

8

THE CHRONICLE.

any year for a decade, they fall below the amount for
1881, the aggregate then having been 63,471 millions
against 62,109 millions for 1892. This appears strange,
for no one will dispute the assertion that the vol­
ume of trade in agriculture, manufactures, &c,, was
immensely greater in the later than in the earlier year.
It will be seen, however, that there has been no lack of
growth outside of New York. At New York, on the other
hand, there has been a marked falling off. The 1892
clearings at this point indeed are smaller than those for
1890, though the decrease in that case is not great, and
is doubtless fully explained by the change in the method
of clearing the stock sales. As compared with 1882 or
1881, when the clearings were respectively 46,916 and
49,376 millions, 1892 with an aggregate of only 36,662
millions, shows a very great difference. One reason for
the difference exists in the fact that stock sales in 1892
were so much smaller than in 1881. The share trans­
actions in 1892 had a value of only 4,874 million dol­
lars, while those for 1881 had a value of 8,197 millions,
being a contraction of 3,323 millions, which on the
basis of
checks to each transaction would represent
a loss in bank clearings of 8,307 millions—a loss en­
tirely independent of that occasioned by the formation
of the Stock Clearing House. As a matter of fact,
however, the loss in bank clearings between the same
years is as much as 12,714 million dollars ; it follows,
therefore, that the whole of the falling off cannot he
considered to have occurred on the Stock Exchange
business. Of course, in some respects the trade condi­
tions in 1892 were greatly dissimilar to those of 1881,
as for instance in the fact that prices for nearly all
commodities were much lower, and that the spirit of
speculation was held in restraint instead of being ram­
pant as in 1881. But after all this has been said, it is
still a question whether we have an entirely adequate
explanation for the much smaller volume of clearings
in 1892 than in 1881.
As regards the clearings outside of New York, the
total has risen from 14,094 millions in 1881 to 25,446 millions in 1892—an addition of 11,352 millions in
the eleven years. Of course a great many places are in­
cluded in 1892 that were not included in
1881, hut only about one-third of the increase
of 11,352 millions can be said to have arisen in that
way. Moreover, the addition of so many places is in
itself the most substantial evidence of growth, since it
argues an expansion in trade which made the formation
of new clearing houses an absolute necessity; for our
totals include more clearinghouses simply because there
are more of such institutions in existence. Another
point with reference to these clearings outside of
New York is that the growth has been almost
uninterrupted from year to year. Thus the gain of 9-7
per cent in 1892, while comiDg after a loss in 1891 (a
merely nominal loss, however), follows a gain of 15-2
per cent in 1890, a gain of 10 per cent in 1889, of 4-3
per cent in 1888, of 13'2 per cent in 1887, of 17-2 per
cent in 1886, &c. At some of the Western cities tbe
growth has been really marvelous. We have not the
space to give the comparisons back to 1881, but the
following presents the figures since 18S4forten leading
points outside of New York in various parts of the
country. At Chicago, it will be seen, the clearings have
risen from 2,319 millions in 1885 to 5,136 millions in
1892, at Kansas City from 224 to 512 millions, at Pitts­
burg from 356 to 760 millions, &e. An interesting
fact brought out by our figures is that Chicago in the
late year even surpassed Boston in the total of its clear­

[VOL. LVI.

ings. Annexed is the statem ent; it furnishes the
figures for December as well as for the twelve months.
BANK CLEARINGS FOR DECEM BER AT LEADING CITIES.

(000,000s

1891.

1890.

1889.

1888.

1887.

9

9

9

9

9

1892.
$
3 ,6 0 2
4 93
474
343
1 17
69
66
66
64
49
71

3 ,2 5 9
424
4 19
290
1 10
76
62
73
59
42
58

2,8 6 7
3 59
3S9
2 97
98
78
56
59
57
39
65

3 ,1 6 4
3 '2
4 19
313
88
74
52
59
58
38
64

2,9 7 7
28 3
3 91
300
86
74
49
55
51
42
60

T o ta l.......... 5,4 1 4 4 ,8 7 2
531
5 98
O ther c itie s,.

4 ,3 6 4
484

4 ,6 4 1
36S

4 ,3 7 3
321

4,8 4 8
1,981

5,0 0 9
1,8 4 5

2 ,7 4 0
275
3 54
2 74
80
75
48
53
47
32
52

1886.
$
3 ,6 1 9
2 49
3H8
285
75
72
49
56
43
31
55

3,238
231
362
247
7L
52
41
51
32
22
55

4 ,0 3 0
265

4 ,9 2 2
239

4 ,4 0 2
185

4,6 9 4 4 ,2 9 5
1,7 1 7 1,555

5 ,1 6 1
1,542

4 ,5 3 7
1 ,3 4 9

(0 00,000s

1836.

1885.

o m itte d .)

9

9

o m itte d .)

N ew Y o r k ...
C hicago.........
B o sto n ...........
P h ilad elp h ia
St. L ouis
San F ran’co.
C in cin n ati.-.
B a ltim o r e ...
P ittsb u rg . . .
K ansas City.
N ew O rleans

T otal a ll. ..
O utside N.Y.

6,0 1 2
2 ,4 1 0

5,4 0 3
2,1 4 4

1885
9

TW ELVE MONTHS.

1892. 1891. 1890. 1889. 1888. 1887.
$
$
$
$
$
9
N ew Y o r k ... 3 0 ,6 6 2 3 3 ,7 4 9 3 7 ,4 5 8 35.S 9 5 3 1 ,1 0 0 3 3 ,4 7 5
C h ic a g o ........ 5,1 3 6 4 ,4 V7 4 ,0 9 3 3 ,3 8 0 3,1 6 4 2 ,9 6 9
B o s t o n .......... 5,0 0 5 4 ,7 5 4 5.131 4 ,7 7 3 4 .4 2 7 4 ,3 8 8
P h iladelph ia 3 ,8 1 0 3 ,2 9 6 3,7 1 0 3 ,6 4 6 3 ,2 0 4 3 ,1 9 4
900
St. L o u is ___ 1,231 1,140 1,1 1 9
9 88
895
815
893
851
843
San F ran’co.
8 37
829
6 21
B a ltim o re . . .
77 2
736
7 53
6 51
659
5 82
7 87
8 54
P ittsb u rg . . .
760
679
511
641
5 66
52 0
562
751
668
C incinnati 447
420
391
K an sas City.
5 12
4 60
491
5 24
5 04
4 31
508
515
4 56
Ne w O rleans

3 3 ,6 7 7 2 8 .1 5 2
2 ,6 0 5 2,3 1 9
4 ,0 9 5 3 ,4 8 3
2 ,9 1 3 2 ,3 7 4
S ll
759
642
562
6 16
582^
40 9
3 56
5 13
44 5
284
224
383
3 83

T o ta l.......... 5 5 ,9 6 2 5 1 ,3 4 7 5 5 ,5 5 8 5 2 ,3 4 7 4 6 ,2 3 1 4 8 ,3 0 4 4 6 ,9 5 3 3 9 .6 4 4
O ther c itie s . 6 ,1 4 7 5 ,6 0 0 5,2 7 1 3 ,8 2 8 3,3 1 1 2 ,8 4 4 2,341 1,830
T otal a l l - 6 2 ,1 0 9 5 6 .9 4 7 6 0 ,8 2 9 5 6 ,1 7 5 4 9 ,5 4 2 5 1 ,1 4 8 4 9 ,2 9 4 4 1 ,4 7 4
O u tsid eN .Y . 2 5 ,4 4 7 2 3 ,1 9 3 2 3 ,3 7 1 2 0 ,2 8 0 1 8 ,442 1 7 ,073 1 5 ,617 1 3 ,3 2 2

Of the eleven cities in the above (including New
York) only two show for the year 1892 smaller clear­
ings than for 1891. These two are San Francisco and
New Orleans. Taking all the clearing houses in the
country, large and small, the following are the only
ones recording lower totals, viz.: San Francisco, New
Orleans, Tacoma, Los Angeles, Indianapolis, Duluth,
Galveston, Nashville, Norfolk, Fort Worth, Birming­
ham, Waco and Chattanooga. With two exceptions,
these places are all either in the South or on the
Pacific Coast, and hence the loss may be referred to
the depression which prevailed in those sections. A
very good idea of the conditions in the different sec­
tions of the country is furnished in the following, giv­
ing aggregate clearings by quarters for various
geographical groups. The Pacific group shows a loss
for 1892 as compared with 1891 for each and every
quarter, but the Southern group, notwithstanding de­
creases at quite a number of points, shows a gain
(though not large) in the aggregate for each quarter.
The Middle and the Middle Western groups record
very decided gains, the New England section rather
moderate gains.
Clearings Reported.
(000s omitted.)

First
Second
Third
Fourth
Quarter. Quarter. Quarter. Quarter.

Total
Year.

fl892.
1891
1890.
New York..................... . 1889.
1S88.
1887.
llS80.

$
10,046,731
7,707,643
8.918.S02
8,054,592
7,120,700
8,262,338
8,520,113

$
8,802,701
8,348,129
9,S70,836
8,901.646
7,655,706
8,789,062
7,565,460

$
7,891,057
8.204,134
8,885,18b
8.352,995
7,436,340
7,772,015
7,536,017

$
*
9,861,980 30,062,469
9,489,416 83,749,322
9,783,782 37,158,608
9,985,872 35.895,105
8,887,282 31,100,028
8,651,141 33,474,556
10,049,234 33,076,830

fl892.
1891.
1890.
Total New England... 1889.
1888.
1887.
11886.

1,390,805
1,300,943
1,398,500
1,331,940
1,184,583
1,200,844
1,157,428

1,411,771
1,345,534
1,545,554
1.855,316
1,229,510
1,342,188
1,103,511

1,360,370
1,337,808
1,364,498
1,207,506
1,159,764
1,129,355
1,062,080

1,58«5SS
1,469,206
1,510,550
1,475,628
1,447,089
1,295,434
1,306,851

5,751,490
5,459,491
5,819,111
5,430,390
5,020,946
4,967,821
4.030,470

fl892.
1891.
1890
Total M iddle............... 1889.
1888
1887.
ll8S«.

1,521,957
1,290,338
1,391,218
1,211,753
1,041,069
1,062,564
937,625

J,503,697
1,323,700
1,470,270
1,203,804
1,133,730
1,134,273
928,296

1,419,035
1,318,885
1,420,676
1,237,338
1,100,605
1,0531271
979,795

1,608,739
1,433.689
1,489,822
1,375,048
1,238,985
1,145.223
1,121,028

8,052,928
5,300,672
5,771,992
5,087,943
4,521,049
4,395,331
3,966,744

f 1892.
1891.
1890.
Tot. Middle Western. 1889.
1888.
1887.
1.1886.

1,687,204
1,430.254
1,307,750
1,148,252
1,040,788
982,030
835,307

1,802,289
1,580.233
1,5.26,508
1,215,550
1,133,362
1,151,213
924,568

1,831,294
1,618,501
1,556,176
1,230,117
1,143,718
1,077,103
983,110

2,038.948
1,802.504
1,653,779
1,394,237
1,290,617
1,203,594
1,087,864

7,359.735
0,416,492
6,044,213
4,988,162
4,614,485
4,413,940
3,830,906!

THE CHRONICLE.

J anuary 7, 1893.]
Clearings Reported.
(000a omitted.)

|

First
Quarter

Second
Quarter

Third
Fourth
Quarter .| Quarter

Total
Year.

[1892 |
1891. l
1890. 1
Total Pacific................ 1889. !
1888. 1
1887.
11890. '

*
272,584
290,075
228,029
209,580
209,639
106,075
137,848

6
270,450
287,590
200,094
210,050
213,126
20 ■‘,497
143,150

290,053
309,297
290,704
280.53S
228,63k
233,82f
170,110

%
317,10) 1,102.802
328,24- 1,215,215
801,234 1,089.001
245,880
902,651
244,340
890,649
220,190
829,182
191.10J
612,221

f 1892.
1891.
1890.
Total other Western. 1889.
1888.
1S87.
1880.

403.459
402,090
413,825
362,249
238,135
261.071
160,276

515,593
444,802
481,909
381,280
347,727
312,729
203,310

532,712
■
478,302
388,949
344,306
280,392
214,454

025.127
552,312
513,953
450, 83
408,909
815,993
205,083

2,106,891
1.857,579
1,886.854
1,591.861
1,389,077
1,170,790
849,123

r1892.
1891.
1890.
Total Southern............. 1889.
1 1888.
1887.
1886.

744,008
741,038
711,749
585,099
525,768
481,092
427,314

079,101
059,' 90
650,411
510,090
449,375
443,794
390,689

051,244
629,895
618,460
493,951
426,304
417,328
388,607

877,075
822,04S
787,631
683,470
003,954
547.695
490,754

2.952,748
2.852.071
2,768,251
2,279,210
2,005,401
1,889,909
1,097,424

1892.
1891.
1890.
1889.
1888.
1887.
1886.

16,15),908 15,051,608 13,983,371
13,174,381 13,098,204 13,870,805
14,369,073 15,805.648 14,014,004
t3,503,465 13,850.948 13,201,391
11.411,281 12,162,536 11,840,630
12,417,214 13,381,756 11,969,284
12,18 7,971 11,258,996 11,334,839

9

CO TTO N C O N SU M P T IO N A N D O V E R L A N D
M O V E M E N T TO J A N U A R Y 1.
Our statements of overland movement, receipts, ex­
ports, etc., are brought down to-day to the first of,
January, and consequently oover the first four months
of the cotton crop season. There have come into sight
during December only 1,290,705 bales against 1,022,475
bales in the corresponding month of 189 L, and the
total amount of the current crop now visible is but
4,745,390 bales, an aggregate 1,058,102 bales less
than at the same date last year. Northern spinners
have taken slightly more cotton than in December
1891, but their takings for the four months exhibit a
falling off from a year ago of 316,137 bales.
O V E R L A N D M O V E M E N T TO

16,018,110 62,109,003
15,897,452 50,946.842
10,040,705 60,829,090
15,019,524 50,175,328
14.127,182 49,541,035
13,379,275 51,147,529
14,511,915 49,293,721

JA N U A R Y

1.

T h e r m s movement overland in December has been
less than in either of the two preceding seasons, reach­
ing only 254,293 bales against 290,664 bales and
|
337,075 bales respectively. The aggregate since Sepf 1892. 0,110,177 6,188,967 6,091,314 7,056,130 25.446,594
jer 1 is therefore much below either 1891 or 1890.
1891. 5,460,738 5,050,075 5,672,671 0,408,030 23,197,520
1890. 5,449,871 5,934,*12 5,728,810 0,256,983 A3,370,182
net for,December has been 170,676 bales, which
Outside New York.
1889. 4.848.873 4,949,302 4,848.390 5,633,652 20,280,223
compares
with 195,280 bales last year and 227,166 bales
4,506,830
4,290,581
4,404,296
5,239,900
18.441,607
1888.
1887. 4,154,876 4,592,694 4,197,200 4,728,134 17,672,973 two years ago.
For the season to date the net is
1888. 3.601,858 3,693,530J 3,798, S22 4,462,681 15,616,891
233,461 bales less than in 1891, and contrasted with
Business on the New York Produce Exchange is 1890 shows a decrease of 117,619 bales. The details of
cleared by the Exchange itself, and hence has very little the whole movement overland for three years are ap­
direct effect on ordinary bank clearings. Still it is pended.
interesting to know that notwithstanding the great
OVERLAND FROM SEPTEM BER 1 TO JAN UA RY 1 .
Total a ll................. . . .

J

—

1,585 millions bushels, against 2,331 millions.

SALES OP FLO U R, W H EAT, &C., AT N E W

YORK PRODUCE

A m o u n t s h ip p e d —
V ia S t. L o u is ....................................................
V ia C a iro ............................................................
V ia H a n n ib a l....................................................
V ia E v a n s v ille .................................................
V ia L o u isv ille ................................................
V ia C in c in n a ti.................................................

EXCHANGE*

[T w o c ip h e rs (00) o m itte d f ro m th e fig u re <f o r W h e a t, C orn,
O a ts, B a rle y a n d R y e.]
Floor.

Wheat.

Corn.

Oats.

Barl’y Rye.
&Malt

Total.

S h ip p e d to m U la, n o t in o lu d e d a b o v e ...

1392.

1891.

2 26,021
1 1 6 ,9 8 4
1X 0,293
10,621
8 0 ,568
5 7 ,7 4 9
9 1 ,436
5 ,0 7 4

3 6 7 ,1 9 2
2 1 9 ,8 4 3
1 14,301
18,221
1 09,782
76,291
9 6 ,953
5,112

3 1 4 ,3 4 0
1 6 7 ,3 3 3
6 0 ,9 6 6
1 2 ,3 2 1
1 1 5 ,7 5 1
9 4 ,2 9 4
1 0 5 ,9 1 6
4,4 3 3

6 3 8 ,7 4 6 1 ,0 0 7 ,6 9 8

87 5 ,4 0 4

18 9 0 .

D educt—
O v e rla n d to N e w Y o rk , B o sto n , &a___
B e tw e e n in te r io r t o w n s ...........................
G a lv e s to n , in la n d a n d lo c a l m ills ..........
N ew O rle a n s, i n la n d a n d lo c a l m ills ...
M obile, in la n d a n d lo c a l m ills .................
S a v a n n a h , in la n d a n d lo c a l m ills ............
C h a rle sto n , in la n d a n d lo c a l m i l l s .. . . .
N . C aro l’a p o r ts , in la n d a n d lo o a l m ills.
V irg in ia p o rts , in la n d a n d lo o al m ills ..

12 6 ,3 9 2
159,514 1 3 3 ,0 3 4
1 5 ,295
4 0 ,0 0 4
6 0 ,8 7 4
Bbls.
Bush.
Bush.
Bush. Bush. Bush.
1,341
1st quarter, ’92 971,875 390,854,0 96,412,0 20,750,0 487,8 758,0
319
60
“
’91 1,114,460 316,2d0,0 87,933,0 20,171.0 595.5
7,9
7 ,0 7 0
1 3 ,7 6 0
6 ,8 8 9
“
’90 1,045,575 249,391,0 112,527,0 36,167,0 080,0 154,0
2 7 ,6 0 2
1 9 ,6 0 4
11,789
“
’89 014,280 315,042,9 01,500,0 15,560,0 550,1
52.7
641
6 60
5 79
‘
’88 792,575 229,149,0 03,080,0 21,143,0 834,4
2 ,1
322,784,051
4,9 1 4
3 ,6 8 1
8,165
‘
’87 771,495 389,194,1 50,177,0 19,502,0 1,308,8 109,0 463,702,657
3 30
64 1
400
“
’86 851,702 254,788,2 70,286.3 11,426,1 58S,6 48,0 340,029,914
7,0 4 5
6,336
1 1 ,745
8d quarter, ’92 1,178,225 421,314,0 87,069,0 27,835,0
20,5 548,7 542,095,212
“
’91 942,300 627,690,<’ 119,881,0 26,047,0 182,0 113,0 778,753,350
T o ta l to b e d e d u o te d ............................
178,068 2 5 3 ,5 5 9 2 3 7 ,1 0 7
“
’90 1,074,575 450,181,0 100,872,5 45,198,0 205,7 205,2 607.017,988
“
’89 031,735 347,051,0 55,641,0 21,002,0 408,0
91,5 427,099,306
520,678! 7 5 4 ,1 3 9 6 3 8 ,2 9 7
L e a v in g t o ta l n e t o v e rla n d * .............
“
’88 801.375 385,463,0 70,752,0 21,129,0 103,0
487,053,187
* n i l s t o ta l In c lu d e s s h ip m e n ts to C a n a d a b y r a il, w h ic h s in c e
“
’87 787,455 524,534,7 40,753,5 19,911,0 492,0 194,1 595,434,448
“
’80 709,390 400,870,5 55,112,0 15,022,0 254,4 159,3 475,4S2,110 S e p te m o e r 1 in 1892 a m o u n te d to 2 4 ,7 7 9 bales, in 1891 w e re 3 2 ,8 4 6
3d quarter, ’92 1,145,445 169,819,0 50,107,0 29,4S9,0
48,7 200,768,202 b a le s a n d in 1 8 9 0 w e re 3 0 ,5 1 9 b a le s.
90,0
“
’91 1,320,950 413,102,° 84,340,0 21,229,0
20,0 2.145,1 529,840,375
R E C E I P T S , E X P O R T S A X D S P IN S T E R S ’ T A K IN G S .
“
’90 1,102,245 327,857,0 127,717,0 21,797,0 446,0
73,3 482,850,402
“
’89 780,630 183,488,0 61,282,8 20,089,5
70,0
24,5 274,494,035
The
volume of cotton marketed through the out­
“
’88 1,010,440 546,487,1 110,381,5 22,394,0
8,0 889,870,582
26,0'
"
’87 886,698 303,460,0 04,705,0 22,720,0 523,2*
2,2 395,472,541 posts—that is, the net receipts—has been less during
“
’86 972,282 387,815,7 61,159,3 23,564,0 214,7
77,0 477,205,909
4th quarter,’92 1.231,225 179,419,0 55,740,0 27,740,0 195,0
20,0 208,055,118 the past month than in December of any year since
“
’91 1,341,105 336,211,0 110,801,0 36,550,0 1,400,0 2,310,1 493.313,342
The decline
“
’90 1,018.580 210,996,0 84,009,5 20,358,0 1,090,0 154,0 327,191,148 1878, having been but 930,029 bales.
“
’89 914,300 277,586,7 74,700,0 27,390,5 289,0 651,4 384,724,221 from last year is consequently very marked.
More­
“
’88 625,507 388,602,2 70,208,8 20,863,0 770,0
0,2 483,324,942
“
’87 981,105 521,211,0 94,885,3 30,347,0 1,720,1
10,6 652,589,893 over, the falling off is shared in by all the important
“
’86 1,016,910 507,139,9 02,871,3 22,208,0 851,5; 29,0 597,730,395 ports except Wilmington, and in some instances, notably
Total 1802....... 4,52'\770 1,101.406,0 295,388,0 105,814,0 799,3,1,370,0 1,585,154,365
Total 1891....... 4,718,875 1.693,353,0 403,011,0 107,597.0 2,203,5 4,570,1 2,231,975.537 New Orleans and Norfolk, the ratio of decrease i3
Total 1880....... 4,240,975 1,238,425,0 431,126,0 129,5^0,0 2,488,3 046.5 ,821,290,225 very heavy.
The total for the four months is 1,204,590
Total 1889....... 2,947.005 1,123,148,0 253,135,8 90,108,0 1,317,1 823,1 1,481,791,122
Total 1888....... S,235,K0? 1,549,761.3 331,431,3 85,529,0 1,733,4
16,3 1,983,032,762 bales less than for the similar period of last year, and
Total 1887...... 3,420,813 L,738,400,4 256,585,8 92,480,0 4,044,7 315,9 2,107,259.539 the falling off from 1890 reaches 841,234 bales. Foreign
Total 1886....... 3,410,374 1,550,614,3>249,469,5 72,880,1 1,889,2 314,5 1,890,454,388
Total 1885....... 3,373,50- 1,403,951,5 334,513,0 125,655,5 2,074,9 445,0 1,882,421,518 exports also have been less liberal in December, reach­
Total 1884....... 3,500,098 l,10S,342,5j 355,312,1 123,519,9 2,730,312,623,1 1,663,548,319
Total 1883....... 4,046,085 L.524,745,01023,608,0 241,202,8 2,507,6'4,032,1 2,417,720.938 ing only 590,454 bales against 967,173 bales last year
Total 1882....... 5,160,405 040,470,5; 445,172,2 152,637,0 1,700,0
1,260,22B.748 and 875,920 bales in 1890; and a3 a result the aggregate

On the Cotton Exchange the year was one of great for the season to date is considerably below either of
activity, and the sales of futures reached 43,359,500 the two preceding years. Our usual table of receipts,
exports and stocks is as follows.
bales against only 26,692,300 bales in 1891.

THE CHRONICLE.

10
Movement from
Sept. 1 1893 to
J a n . 1 1893.

Receipt* Receipts EXPORT! SINCE 8 EPT. 1 1892 TO—
since
since
Sept. 1 Sept. 1 Great France. Conti­
Total.
nent.
1891. Britain*
1892.
85,130 100,054 543,408
811,913 852,816 358,281
15,120 25,370
10,250
19,301
34,026
990.101 1,537,681 266,300 174,418 156.517 597,235
18,100
18,100
192,701
7,610
20,009
7,610
237,545
161,089
19,752
775,420
60,704
607,017
69,532
13,474
2,483
53.578
127,653 119,351
7,900 70,743 160,500
237,837 378,5 59 81,857
1,247
33,532
98,904
65,402
138,710 134,352
1,632
678
58,483
12,238
46,215
18^,84 0 306,06*
4,c00 57,030
102.863 220,112 52,280
4,704
4,764
22.405
14,080
30,845 250,074
8,436
30.001 201,793
24.801
2,100 100,051
51,714
97,951
47,331
43,600 110.025
3,110
33,889 58,255
30,759
6.057
100
4,057
40,307
23,501

.,.»,.

Galveston..........
El Paso, &c ...
New Orleans. ..

Savannah...........
Brunswick, &c.
Charleston.........
W ilmington......
Washington,&c
W est Point—
Newp’tNews.&o.
Baltimore.........
Phlladelphia,&c.

Total 1892....... 3,596,712
Total 1891......

1,387,316

301,220

•1,801.302 1.930,060

310,123

Stocks
Jan. 1.
135,074
7,480
338,902
44.185
124,309
10,326
53,490

055,302 2,343,874 1,188.542
850,073 3,105,250 1,345,091

4.437.946 1,659,773 330,204 1,031,224 3,021,201
Total 1890......
* G re a t B rita in e x p o rts in c lu d e to tlie C h an n e l.

M onths.

18 9 2 .

1891.

1890.

S e p te m b e r.............
O c to b e r...................
N o v e m b e r..............
D e c e m b e r______

5 2 2 ,5 5 2
1 ,4 6 5 ,0 6 7
1 ,4 6 7 .0 6 6
1 ,2 9 0 ,7 0 5

8 2 6 ,9 3 2
2 ,0 2 6 ,2 0 5
1 ,9 2 7 ,8 8 0
1 ,6 2 2 ,4 7 5

8 6 0 ,2 7 4
1 ,7 2 3 ,7 5 9
1,615 ,9 8 1
1 ,6 4 5 ,2 2 9

6 5 5 ,7 7 0
1 ,6 2 3 ,6 4 8
1 ,6 3 3 ,0 2 8
1 ,5 6 8 ,9 2 1

T o ta l 4 m o n th s .
B a la n c e s e a s o n ..

4 ,7 4 5 ,3 9 0

6 ,4 0 3 ,4 9 2
2 ,6 3 5 ,2 1 5

5 ,8 4 5 ,2 4 3
2 ,8 1 0 ,2 7 5

5 ,4 8 1 ,3 6 7
1 ,8 3 2 ,3 5 9

9 ,0 3 8 ,7 0 7

8 ,6 5 5 ,5 1 8

7 ,3 1 3 ,7 2 6

T o ta l c ro p ..........
A V EIG H T

29,906
48,478
14,210
883
301,547
31,000
32,487
10,253

917,325

fV0L. LVI.

OF BA LES.
Sam e
Sam e
p e r i’d in p e r i’d in
1891,
1890.

F o u r m o n th s e n d in g J a n . 1 1893.
N um ber of
B a le s.
T e x a s ..................
L o u isia n a ...........
A la b a m a ............
G eorgia* .............
S o u th C a ro lin a .
V irg in ia ..............
N o rth C a ro lin a .
T en n essee, & o..

8 4 5 ,9 6 9
9 9 6 ,1 6 4
1 3 1 ,2 7 8
7 5 5 ,6 5 1
2 3 8 ,1 6 1
3 6 3 ,8 0 9
1 3 9 ,2 8 8
9 2 4 ,0 7 0

18 8 9 .

W eight i n
F o u n d s.
4 5 0 ,0 5 5 ,5 0 8
4 9 5 ,1 9 3 ,1 2 4
6 6 ,0 3 2 ,8 3 1
3 6 9 ,9 9 6 ,9 5 6
1 1 5 ,2 6 9 ,9 2 4
1 7 7 ,2 7 3 ,2 1 1
6 7 ,5 6 8 ,6 0 8
4 5 8 ,3 5 7 ,2 0 1

A vera g e A v e ra g t A vera g e
W eight. W eight. W eight.
532-00
49710
50300
489-64
484-00
487-27
4 8 5 -1 0
49602

523-58
495-90
49900
486-54
400-81
494-24
496-23
50410

5 3 0 -6 0
50100
514-00
4 9 9 -8 3
4 9 7 -3 7
48 7 -9 8
49 8 -6 5
50 9 0 0

Using the facts'disclosed, by the foregoing statements,
T o t a l............. 4 ,3 9 4 ,3 9 0 2 ,1 9 9 ,7 4 6 ,3 6 6 500-58 4 9 9 8 4
5051
• In c lu d in g F lorid a.
we shall find that the portion of the crop which has
It will he noticed that the movement up to Jan. 1
reached a market through the outports and overland,
shows
an increase in the average weight as compared
and the Southern consumption, since September 1 this
with
the
same period of 1891, the average this year
year and the two previous years, is as follows.
being 500-58 lbs. per bale, against 499-84 lbs. for the
1890.
•
1892.
18 9 1 .
same time in 1891 and 505-15 lbs. iD 1890.
K e c e ip ts a t t h e p o rts to J a n . 1 ........ bales. 3 ,5 9 6 ,7 1 2 4 ,8 0 1 ,3 0 2 4 ,4 3 7 ,9 4 6
N e t s h ip m e n ts o v e rla n d d o r in g sa m e tim e 5 2 0 ,6 7 8 7 54,1 3 9 6 3 8 ,2 9 7
T o ta l r e c e ip ts ...................................b a le s. 4 ,1 1 7 ,3 9 0 5 ,5 5 5 ,4 4 1 5 ,0 7 6 ,2 4 3
S o u th e rn c o n su m p tio n s in c e S e p te m b e r 1 2 7 7 ,0 0 0 2 5 9 ,0 0 0 2 4 0 ,0 0 0
T o ta l to J a n . 1 ............... ................b a le s . 4 ,3 9 1 ,3 9 0 5 ,8 1 4 ,4 4 1 5 ,3 1 6 ,2 4 3

The amount of cotton marketed since September 1
in 1892 is thus seen to be 1,420,051 bales less than in
1891 and 921,853 bales les3 than in 1890. To d e ­
termine the portion which has gone into the hands of
Northern spinners during the same period we have
prepared the following:
T o ta l re c e ip ts to J a n u a r y 1 1 8 9 3 , a s a b o v e ....................b a le s . 4 ,3 9 4 ,3 9 0
S to c k o n b a n d co m m en cem en t, o l y e a r (S ept. 1 1 8 9 2 ) —
A t N o rth e rn p o r ts .......................... ........... 2 8 4 ,6 7 5
A t S o u th e rn p o r ts ..................................... 1 3 1 ,8 6 1 — 4 1 6 ,5 3 6
A t N o rth e rn in te rio r m a r k e ts ...................................
1 0 ,7 4 4 — 4 2 7 ,2 8 0
T o ta l s u p p ly to J a n u a r y 1 1 8 9 3 ................................................ 4 ,8 2 1 ,6 7 0
O f th is s u p p ly th e r e h a s b e e n e x p o rte d
to fo re ig n p o r ts sin c e S e p t. 1 1 8 9 2 ..2 ,3 4 3 ,8 7 4
L e s s fo re ig n o o tto n in c lu d e d ..................
1 8 ,9 4 5 - 2 ,3 2 4 ,9 2 9
S e n t to C a n a d a d ir e c t fro m W e s t......................... ..
2 4 ,7 7 9
B u r n t N o rth a n d S o u th .................................................
1 7 ,5 4 8
S to c k on h a n d e n d o f m o n th (J a n . 1 1 8 9 3 )—
A t N o rth e rn p o r t s ..................................... 3 7 5 ,2 8 7
A t S o u th e rn p o r t s ..................................... 8 1 3 ,2 5 5 -1 ,1 8 8 ,5 1 2
A t N o rth e rn in te r io r m a r k e ts ..................................
6 ,9 3 8 —3 ,5 6 2 ,7 3 6
T o ta l ta k in g s b y s p in n e rs s in c e S e p te m b e r 1 1 8 3 2 ................... 1 ,2 5 3 ,9 1 4
T a k e n b y S o u th e rn s p in n e r s ................................................................
2 7 7 ,0 0 0
T a k e n b y N o rth e rn s p in n e r s sin c e S ep t. 1 1 8 9 2 ...........................
9 8 1 ,9 3 4
T a k e n b y N o rth e rn s p in n e rs s a m e tim e in 1 8 9 1 ......................... 1 ,2 9 8 ,0 7 1
D e c re a s e In ta k in g s b y N o rth e rn s p in n e rs th is y e a r

b a le s .

3 1 6 ,1 3 7

The above indicates that Northern spinners had up
to January 1 taken 981,934 bales, a decrease from the
corresponding period of 1891 of 316,137 bales and a
loss from the same time of 1890 of 179,947 bales.
AM OUNT OF CROP NO W

IN

S IG H T .

In the foregoing wS have the number of bales which
has already been marketed this year and the two
previous seasons. An additional fact of interest is the
total of the crop which was in sight on January 1.
1892.

18 9 1 .

1690

T o ta l m a rk e te d , a s a b o v e ___b a le s .
I n t e r i o r s to c k s in e x c e s s o f S e p t. 1.

4 ,3 9 4 ,3 9 0
3 5 1 ,0 0 0

5,814,441
589,051

5 ,3 1 6 .2 4 3
5 2 9 ,0 0 0

T o ta l in s ig h t....................... b a le s .

4 ,7 4 5 ,3 9 0

6 ,4 0 3 ,4 9 2

5 ,8 4 5 ,2 4 3

This indicates that the movement up to January 1
is 1,658,102 bales less than in 1891 and 1,099,853 bales
less than in 1890.
As it will interest the reader to see what has come
nto sight each month of the season during 1892 and
previous years, we have prepared the following.

THE

D R Y GOODS T R A D E

D U R IN G

DECEM BER.

The course of the market during the early part of
December was marked by a continued active demand
and a strong tone and ascending prices in all lines of
staple cotton fabrics, ginghams excepted. Later,
business subsided into normal dimensions and thea into
positive dulness so far as new orders were concerned ;
the upward movement in prices was arrested or was
confined to an occasional quotation being lifted to a
level with market values, but the tone continued good,
and the month closed with prices very firm at the full
advance. The falling off in the demand has been in
part a natural result of the very large business pre­
viously transacted, but has also been due in some
degree to the reluctance of sellers to accept further
orders at a definite quotation for a definite time of
delivery; while buyers seeking for immediate supplies
have been hampered by the hare condition of the
market at the present time, the stocks in first hands
being little else than tailings and not many of those.
Print cloths have not changed in price during the
month, ruling firm, with a moderate business doing on
the basis of 4 1-16 cents for 64 squares.
K
1892.
M
ca
S OotVn P r in t- Sheet- L a n M loxo
ma
in g s. caster
W m id - cloths, sta n d - gingd
lin
g
.
64a:64
a rd . h a m s.
p
1..
2..
3.
4..
o..
6..
7..
8..
9..
10..
11..
12..
13..
14..
15..
16..
17..
IS ,.
19..
20..
21..
22..
23..
24..
25..
26..
27..
28..
29..
30..
31..

£>516
9 3ia
93 m

4-06
4-06
4-06

815 i 6
815le
9*8
9=16
9°16
9 bi«

4-06
4-06
4-06
4-06
4 .0 6
4-06

634
... 8 .. .
6*
634
634
63i
634
63t

9he

406
4-06
406
4-06
4*06
4-06

O hs
9=8
S I16
9®ir
9 7ie
9hc
9 ’ is
9*16
9 7is

9 'i s
9hs
9 'lS
9 'i s

18 9 1 .
S ’th ’n O otVn P r in tLow
in g
3 -yd.
sheet- m id - cloths,
ings. d lin g . 6 4 ^ 6 4

7
7
7

6
6
6

7
7
7
7
7
7

6
6
6
6
6
6

6%
63.4
6%
634
63-i
6%

7
7
7
7
7
7

6

4-06
4*06
406
4-06
4-06
4-06

6%
63i
634
6%
634
6%

7
7
7
7
7
7

4-0?
4-06
4-06
406
4 06

634

7
7
7
7
7

634

6^4
6h
634

6

6
6
6
6
6
6

6

6
«
6

6
6
6
6
6

7=a
7=8
7=s
75s
7%

2-38
2-91
2-94
a 00
3-00

Sheetin g s ,
sta n d
a rd .
634
6%
634
634
6%

Lancaster
G ing
ham s

S 'th ,n
3 -yd.sheet
in g s .

714

5%
5%
5^
5 3i
534

7h
7k
7H
7k
714
7H

534
53»
53s
534
5%
53i

7^

7M
714

7H

. . . 8 ...

7=8
7=8
7=8
7=3
7^8
7=8
78,6
7» i 8
7 ‘„
7*2
7%
713
713

300
300
3-00
3 00
300
3 00

300
3 -"0
3-00
3 00
3i 0
3C 0
3 00

7%
7k,

306
3-06
306

7=16
76,6
7=8

3-U6
3-06
3-06
3-06

634
63l
634
6%
6%
6%
...8 .
6%
6 34
634
03s
6 »4
634
...s ...
6%
634
63i

7 14

7h
7h
7Ll
f>4
7k
714
714

7k
. .. 8 .. .
634
634
0%
Oil

714
7 14

7h
7k

5%
5%
5%
53s
5%
534

5%
5%
53s
534.

53t
53s
5%
5%

J anuary 7, 1893.]

THE CHRONICLE.

11

stocks, was an event of importance, and the plan
R E T R O S P E C T OF 1892.
continued to work well, the number of stocks em­
Business transactions in the United States during braced in the clearing system at the end of I Deem her
1892 were of greater volume than in any previous year being sixteen. On December 2 the death of Mr.
and the bank clearings exceeded those of 1891 by Jay Gould was announced but caused no excitement in
9T per cent. The foreign trade movement was large the market, and two of his principal stocks, Westerly
beyond precedent, particularly in the imports of mer­ Union Telegraph and Manhattan Elevated, advanced
chandise, and for the eleven months ending with No­ quite sharply within a short time after hi3 demise.
vember (latest yet reported) the total exports and im­
Any review of the business year woul 1 be incomplete
ports of merchandise amounted to $1,656,043,066 without reference to the Presidential election in Novem­
against $1,609,446,670 in the same period of 1891 ; the ber, which passed without excitement; also to the Home­
net exports of gold for the year, December being partly stead riots at the Carnegie mills, near Pittsburg, which
estimated, were about $58,500,000 against $34,116,471 began in July, the strike of railroad swhehmen at Buffalo
in 1891. The general results of business as shown by in August and the cholera panic in New York in Sep­
the total failures were by no means unfavorable, since tember. The strikes of the iron workers at. Ilomestead
the amount of liabilities involved was only $114,044,- and of the switchmen at Buffalo were attended by
167, against $189,868,638 in 1891.
such riotous conduct that the militia had to be called
In looking for the controlling influences of the year out in each case and remain on guard for some weeks,
we find chief among them the continued agitation of and both strikes resulted in complete failure. The
the silver question. Congress kept the subject fresh cholera scare in New York interfered with business
by attempting to pass a free-coinage b ill; the Treasury during Seqotember, and was accompanied by many un­
purchased 4,500,000 ounces of silver bullion per month pleasant and exciting incidents at quarantine, including
as required by the Act of July 1890, issuing therefor the landing of passengers at Eire Island.
its legal-tender notes payable “ in coin
and late in
In production of coal and iron and manufactures of
November the International Monetary Conference met cotton, wool, &c., the year was one of much activity.
in Brussels and discussed the whole silver question in The anthracite coal trade was stimulated by the famous
its various phases without arriving at any definite Philadelphia & Beading combination in February, and
conclusion. The silver status in this country prejudiced although prices were advanced the distribution of coal
the minds of foreign investors against our securities, was heavy. Iron production was also large, particularly
and had much to do with the balance of trade and the in the first six months of the year.
export of gold. The lowest price touched by silver
For the purpose of showing at a glance the industrial
and financial statistics, which present a sim p compari­
certificates in New York was 82^, on August 12.
The effect of the great crops of 1891 was clearly son of the two years 1892 and 1891, the table below :3
visible in the first six months of 1S92 ; the tonnage on brought forward.
GENERAL SUMMARY FOR TWO YEARS.
the railroads and the exports of domestic products were
of immense volume and business was stimulated in all
1892.
1891.
directions, except in those localities where depression Coin an d currency in U . S. D ec. 3 1 ..$ 1,7 4 8 ,6 8 4 ,8 9 4 1 ,7 6 4 ,9 3 5 ,9 2 3
12,109,062,974
had been caused by the low price of cotton or by other B a n k clearin gs in U n ited S t a te s ........ 56,946.841,807,
,1 8 9 ,8 6 8 ,6 3 8
1 1 4 ,0 4 4 .1 6 7
S
ales
a
t
N
.
Y.
S
tock
E
x
ch
a
n
g
e.slia
res.
8 5 ,8 7 5 ,0 0 2
6
9
,0
3
1
,6
8
9
special and exceptional influences. On the other S ales a t C on sorted E x ch a n g e .slia r es.
2 7 ,3 3 2 ,9 2 9
3 3 ,5 5 4 ,0 8 5
N . Y . S t’k E x.b id s.
9 0 8 ,0 0 0
2 ,9 4 6 ,0 0 0
hand, the last half of the year presented a far less P e tro“ leu m cer“ t’s at
a t Consol. E x . bids.
1 7 ,5 2 5 .0 0 0
6 ,9 3 0 ,7 0 0
rain and flour a t Prod. E x c h ’o.busli.
2 ,2 3 1 ,9 7 5 ,5 3 7
1 ,5 3 5 ,1 5 4 ,3 0 5
favorable aspect; the corn and grain crops were G
C otton a t C otton E x c h a n g e ........bales.
4 3 ,3 5 9 ,5 0 0
2 6 ,6 9 2 ,3 0 0
8 0 5 ,7 4 6 ,5 4 2
p orts o f m erch an d ise (11 m os.) . .$
7 5 8 ,8 7 2 .9 2 0
much below those of 1891, and the yield of cotton Im
E x p o r ts o f m erch an d ise (11 m o s.).
8 5 0 ,8 9 6 ,5 2 4
8 5 0 ,5 7 3 ,7 5 0
4 7 ,7 4 1 ,9 2 1
e t ex p o r ts of gold (11 m o s .)............«
3 9 ,8 8 0 ,8 2 1
was estimated to fall more than 2,000,000 bales short NG ross
e arn in gs 127 roads (11 m os.).$*
4 6 9 ,9 2 4 ,9 1 2
4 4 4 ,6 7 2 ,8 6 0
4 .1 0 0
4,5 0 0 |
of the famous crop of the previous year. These condi­ R ailroad c o n str u c te d .................... m ile s .!
5 1 5 ,9 4 9 ,0 0 0
W heat r a ise d ................................b u sh e ls.!
611,780,0001
tions were naturally reflected in the railroad earnings, Corn r a ise d ...................................bushels. 2 ,0 6 0 .1 5 4 ,0 0 0 1 ,6 2 8 ,4 0 1 ,0 0 0
6 ,8 7 5 ,0 0 0
C otton r.................................
a ise d ....................................bales.
9 ,0 3 8 ,7 0 7
in the exports of produce, and in the rates for foreign P ig iron p rod u ced , (tons o f 2 ,0 0 0 lbs.)
9 ,2 7 3 ,4 5 5 e st. 1 0 ,3 0 0 ,0 0 0
1,448,2191
S teel rails, B essem er , (tons 2 ,0 0 0 lbs.)
U)
exchange, which ruled so unusually high for this period A n th ra cite c o a l.. .(to n s of 2,2 4 0 lbs.)
-11,750,000
4 0 ,4 4 8 ,3 3 6
3 4 ,4 8 6 ,9 2 3
P etroleu m (runs) p r o d u ctio n — bbls.
3 2 ,1 4 9 ,1 7 1
of the year as to permit of gold exports in every month Im m igration in to U. S. (11 m o s .)........
562 ,0 7 3 |
5 2 0 ,7 6 3
9.32*. 363
8 .1 5 1 .9 3 9
from July to December, inclusive, except in October P u b .lan d s a le s (yr.end’g Jlin e 30) acres
N o t e .—T he sa les a t th e N ew York S tock E x ch a n g e in clu d e all shares
and November. The large imports of merchandise o f s to c k e x c e p t ban k stock s an d all tr u sts e x c e p t p etroleum certifica tes
sold in barrels. S a les a t th e C onsolidated E x ch a n g e both in th e ca se of
were also a striking feature throughout, and in the five railroad sto ck s and in th e e a se of p ip e lin e cert id e a te s rep resen t
th e a c tu a l sa le s as com p ile l by u s from th e d a lly tran saction s; th e
months from July to November they exceeded the nales o f p etroleum certificates c o v er also B u ck eye certificates.
Grain an d Hour a t th e P rodu ce E x ch a n g e in clu d e flour reduced to w heat
imports of 1891 by $47,792,103.
a t 4 ^ bu shels ner barrel. C otton sales at th e C otton E xch ange do n o t
in clu d e “ e x c h a n g e s" o f fu tures. Im m igration s ta tis tic s are g iv e n
Our local money market was easier than in any year ex clu siv e of im m igran ts from C anada or M exico.
since 1888, and there was no real scarcity of loanable
The year 1892 wa3 singularly free from great a'nd
funds until December, when there was some pressure, unexpected disasters in the manufacturing, mercantile
owing partly to gold exports, and the rates for call and banking community. Late in 1890 ths great
money rose temporarily, reaching 40 per cent as a max­ Baring crisis had occurred, and in 1891 the effects of
imum. The city bank reserves never fell below the that reaching over, together with tlie lack of business
legal 25 per cent requirement, and the nearest approach from the small crops of the previous summer, led to so
to it was on the 15th of October, when the reported many failures in the first three quarters of the year as
surplus was only $539,050. The actual addition to to make the total amount of liabilities for the whole
the coin and currency of the country was $16,251,029, year 1891 almost exactly the same as in 1890, the
this being the net result from the issue of notes against figures for each year being nearly $190,000,000, not­
silver purchases, the changes in national bank notes, withstanding the great improvement in the list quar­
exports of gold, and other operations affecting the ter of 1891. But in 1S92 the circumstances were re­
circulating medium. In regard to Stock Exchange versed, and in the first part of the year, in all sections
dealings, the establishment of a stock clearing sys­ of the country except the South, the stimulus furnished
tem on May 17, commencing with four leading by the great crops of 1891 was clearly perceptible.

12

THE CHRONICLE.

The failures diminished greatly in comparison with
the previous year, and even in the later months, when
business was dull and the balance of foreign trade was
so little favorable as to permit gold exports to keep up
at that unusual season of the year, the failures did not
increase, and the total for that quarter fell much be­
low the same time in 1891.
Taking a general view of the dealings at the lead­
ing Exchanges, we find that on the New York
Stock Exchange there was no season of extraordinary
buoyancy and activity after the great Reading deal in
February. The chief movements of the year were in
special stocks, and largely in the so-called industrial
stocks, which were boomed for one cause and another
peculiar to themselves. But if the year was not equal
to some others in large profits, it was remarkably free
from heavy losses and failures of bankers or stock
brokers. The total sales of stocks at the N. Y. Stock
Exchange were 85,875,093 shares, as against 69,031,689
in 1891, and of railroad and miscellaneous bonds
$4S5,857,400, against $383,715,000 in 1891.
At the Produce and Cotton Exchanges in New York,
and the Boards in other cities throughout the coun­
try, dealings were somewhat affected by the Anti-option
Bill pending in Congress, which ceased to be an ob­
struction only when Congress adjourned in July. Our
Produce Exchange had a large business in the early
part of the year with the varying prospects of the new
crops at home and abroad and with the large crops of
1893 to handle. But the tendency of prices during the
year wa3 downward, and the losses on the decline of
wheat must have been very large. The total sales of
all grain, including flour reduced to bushels, amounted
to only 1,585,154,365 bushels, against 3,331,975,537 in
1891.
The Cotton Exchanges North and South had a
lively business. In the first half of the year all was
depression, and the price of cotton declined to abnor­
mally low figures as the size of the great 9,000,000
bale crop was unfolded from month to month, and
middling uplands touched 6 ll-16c. in New York early
in April, All kinds of business in the South felt the
losses on cotton and failures in that section were rela­
tively large. In the autumn months there was a
great improvement; cotton jumped up rapidly on a
speculation based on the small crop reports, and much
money was made by holders and by speculators on the
bull side. The total sales of the year at the N. Y.
Cotton Exchange were 43,359,500 bales, against 36,692,300 bales in 1891.
The following table shows the failures in each quarter
for every year since 1878 :
MERCANTILE FAILURES IN THE UNITED STATES.
Y ears. 181 Qu arter. 2d Quarter. 3 d Quarter. 4 tli Quarter. T o ta l Y ear.
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892

. $ 4 3 ,1 1 2 ,6 6 5 $ 2 2 ,6 6 6 ,7 2 5 $ 1 5 ,2 7 5 ,5 5 0 $ 1 7 ,0 9 4 ,1 1 3
. 1 2 ,7 7 7 ,0 7 4 2 0 ,1 1 1 ,6 8 9 1 2 ,1 2 1 ,4 2 2 2 0 ,7 4 1 ,8 1 5
. 2 4 ,4 1 7 ,2 5 0 1 6 ,4 9 9 ,3 9 5 1 0 ,1 1 2 ,3 6 5 3 0 ,0 9 6 ,9 2 2
. 3 3 ,338.271 1 7 ,2 4 2 ,6 4 9 1 8 ,9 4 2 ,8 9 3 3 2 ,0 2 3 ,7 5 1
. 3 8 ,3 7 2 ,6 4 3 2 7 ,8 1 6 ,3 9 1 5 2 ,0 7 2 ,8 8 4 5 4 ,6 1 2 ,2 5 4
. 4 0 ,1 8 6 ,9 7 8 8 4 .2 0 4 .3 0 4 5 6 ,6 2 7 ,8 2 1 4 5 ,3 2 4 ,3 2 4
. 4 6 ,1 2 1 ,0 5 1 2 8 .6 0 1 .3 0 4 2 3 ,8 7 4 ,3 9 1 2 5 ,6 2 3 ,5 7 5
. 2 9 ,6 8 1 ,7 2 6 2 0 ,7 5 2 ,7 3 4 2 7 ,2 2 7 ,6 3 0 3 6 ,9 8 2 ,0 2 9
. 3 2 ,1 6 1 ,7 6 2 2 2 .9 7 6 .3 3 0 7 3 ,0 2 2 ,5 5 0 3 9 ,4 0 0 ,2 9 6
. 3 8 ,8 8 4 ,7 8 9 2 9 ,2 2 9 ,3 7 0 2 2 ,1 1 4 ,2 5 4 3 3 ,6 0 1 ,5 6 0
. 4 2 ,0 7 2 ,5 1 6 2 2 ,8 5 6 ,3 3 7 3 9 ,2 2 7 ,0 4 5 4 3 ,7 2 8 ,4 3 9
. 3 7 ,8 5 2 ,9 6 8 2 7 ,4 6 0 ,4 1 6 3 5 ,4 5 2 ,4 3 0 8 9 ,0 8 5 ,1 4 4
. 4 2 ,1 6 7 ,6 3 1 5 0 ,2 4 8 ,6 3 6 4 4 ,3 0 2 ,4 9 4 5 3 ,1 4 9 ,8 7 7
. 3 9 ,2 8 4 ,3 4 9 2 2 .9 8 9 .3 3 1 1 8 ,6 5 9 ,2 3 5 3 3 ,1 1 1 ,2 5 2

$ 9 8 ,1 4 9 ,0 5 3
6 5 ,7 5 2 ,0 0 0
8 1 ,1 5 5 ,9 3 2
1 0 1 ,5 4 7 ,5 6 4
1 7 2 ,8 7 4 ,1 7 2
2 2 6 ,3 4 3 ,4 2 7
1 2 4 ,2 2 0 ,3 2 1
1 1 4 ,6 4 4 ,1 1 9
1 6 7 ,5 6 0 ,9 4 4
1 2 3 ,8 2 9 ,9 7 3
1 4 8 ,7 8 4 ,3 3 7
1 8 9 ,8 5 6 ,9 6 4
1 8 9 ,868,638
1 1 4 ,0 4 4 ,1 6 7

On the first of January it is interesting to compare
the general financial situation in New York for a few
successive years and to observe the changes in bank
figures, in the rates for money and exchange, and the
prices of silver and leading securities and articles of
merchandise. The table below shows at a glance these
relative statistics for three years, and the figures are

[V ol . LTV I.

quite suggestive. In the bank statements the large
gain since Jan. 1891 in the line of deposits and loans and
discounts indicates the general increase in the volume
of business with the banks, although as compared
with Jan. 1892 there was a decrease in these items. The
high rate for sterling bills at the opening of the year
1893 is in strong contrast to previous years, and shows
up well the situation of affairs in which gold exports are
possible at a time when in other seasons they were
quite unusual. Next to this, and not altogether dis­
sociated from it, is the price of silver, which declined
in two years from 105 in January 1891 to 83 in
1893, notwithstanding the compulsory purchases by
the United States Government of 4,500,000 ounces per
month under the law of July 1890.
The prices of U. S. bonds and of a few leading rail­
road stocks, embracing trunklines, Western or granger
stocks and anthracite coal roads, also present some in­
teresting changes, although these have not all set in one
direction, and the particular securities have varied
according to the influences bearing on their respective
values.
The prices of merchandise form a brief history by
themselves. We see reflected in them the effects of
our great crops of 1891 and the scarcity in Europe that
year; our smaller crops of 1892, including the notable
decrease in cotton; the advance in anthracite coal prices,
and the low prices of pig iron, notwithstanding the
ever increasing demand for consumption.
The following summary shows the condition of the
New York City Clearing-House Banks, rates of foreign
exchange and prices of leading securities and articles of
merchandise on or about Jan. 3 for three years.
SUMMARY ON OR ABOUT JANUARY 3 IN 1 8 9 1 , 1 8 9 2 AND 1 8 9 3 .
1891.

1892.

1893.

Y. T . C ity B a n k s
L oans an d d isc o u n ts................. $ 3 8 5 ,6 7 8 .5 0 0 4 3 8 ,e i 6,4 0 0 4 3 7 ,7 2 2 ,0 0 0
S p ecie .............................................. $ 7 8 ,6 6 3 ,2 0 0 9 5 ,9 7 2 ,2 0 0 7 5 ,9 6 8 ,3 0 0
C ircu lation.......................................$
3 ,5 9 9 ,9 0 0
5 ,5 3 7 ,4 0 0
5 ,5 5 4 ,6 0 0
N e t d e p o sits.................................... $ 3 8 6 ,6 3 2 ,1 0 0 4 6 6 ,2 1 8 ,2 0 0 4 4 1 ,5 8 9 ,4 0 0
L eg a l te n d er s.................................5 2 6 ,5 7 1 ,7 0 0 3 7 ,8 1 4 .4 0 0 4 2 ,0 1 8 ,6 0 0
Surplus reserv e h e ld ...................$
8 ,£ 7 6 ,8 7 5 1 7 ,2 3 2 ,0 5 0
6 ,8 3 9 ,5 5 0
M o n e y , E x c h a n g e , S il v e r —
Call lo a n 8............................................
o'&S
3
5® 7
P rim e paper, 6 0 d a y s ...................
6 *2® 7*2
6
4%@ 5*2
S ilv er iu L ondon, per o z .............
48% d.
43% !.
38% a.
S ilver C ertificates in N . Y ........... 10412-105
95
S3
Prim e sterlin g b ills (d em and).
4 87%@8734
4 85
4 84%
U n ite d S ta tes B o n d s —

6s, currency, 1 > 9 8 ......................... .1 1 8
4s ot 1 9 0 7 ,co u p o n ......................... 121

bid.
bid.

R a ilr o a d S to ck s—

N . Y . C entral & H u d so n R iv e r .
B rie (N. Y. L. E. & W .)...............
L ake Shore & M ichigan Sou th’n.
M ichigan C en tral...........................
C hicago R ock Isla n d & P acific
Illin ois C en tral.................................
C hicago & N o r th w e ster n ,c o m .
Chic. M ilw aukee & St. P . c o m ..
D elaw are L aelcaw anu a & West..
C entral of N e w J e r s e y ................
M e r c h a n d is e —

1013s
19*8
106*4
91
70%
97
104%
51
131%
106*2

115*2 bid.
116*2 bid.
116%
34%
123%
106
89 H
109*2
116*2
82%
139
1 13

112% bid,
113%
109
24
128*4
104*2
82%
99%
112
77%
1 54
126

C otton, m id d lin g-u p l’ds, per lb .
7%
9%
9 5ia
Standard sh e etiu g s, 3 6 i n ........
6 34
63l
714
W ool, Ohio X X ...........................lb . 3 3 ® 3 4
3 0 @31
28 @29
Iron , A m erican p ig, No. 3...to n . 16 5 0 -1 7 5 0 16 0 0 -1 7 00 15 00-15 5 0
Ste< 1 ra ils a t m ill ■».................to n
29 00
29 0 0
30 00
A n th ’te Coal, W ilkes, stove, .ton
4 15
4 40
4 75
W heat. No. 2 red w in te r ..h u sh .
1 03%
1 04%
79%
Corn, W est, m ix ed N o. 2 . . bush.
59
49*4
52%
P ork, m e s s .........................p er bbl. 11 5 0 ® 1 2
10 0 0
16 25
Sugar, oentrifu gal, 9 6 d e g . . lb.
5H e.
33sc.
Coffee, R io N o. 7
................lb.
17 *2
i? 8
13*4
P etroleu m P ip e L in e certifl’s ..
74
6U
52*4
AGRICULTURAL PRODUCTS.

The season of 1892 presented a strong contrast to that of
1891 in the yield of agricultural products. It is seldom that
two successive years point up so sharply the vicissitudes of
farming and planting in the United States and the great
differences in commercial results between years of plenty and
years of scarcity. As to wheat, the extraordinary conditions of
1891 were just reversed. In that year we had the unusual
combination of an immense crop here, coupled with a famine
in Russia and partial crop failure in France, leading to very
high prices. But in 189.3 the crop, owing to the large visible
supply in the markets of the world, was worth only about 63'3
cents per bushel to the farmers (as estimated in November)
against 83'9 cents in 1891, although our own crop of wheat was

THE CHRONICLE.

J anuary 7, 1893.J

estimated to be over 95,000,000 bushels less than in the previous
year. The yield of corn is estimated to be 431,690,000 bushels
less than in 1891, or about 21 per cent decrease, and oats 77,359,000 bushels less, or about 10% per ce n t; but corn and oats,
being mainly consumed at home and therefore less dependent
on the foreign markets, did not rule as low as wheat. From
the Agricultural Bureau report the average yield per acre is
figured as follows : Wheat, 13'4 bushels ; oats, 34’4 ; rye, 13 7;
corn, 33-l, and potatoes, 62'0. The latest report of the Bureau,
made on Jan. 4 1893, gave the following summary :
Corn—Area, 70,636,658 acres ; product, 1,628,464,000 bush­
els ; value, §642,146,630.
W heat—Area, 38,554,430 acres ; product, 515,949,000 bush­
els ; value, $333,111,881.
Oats—Area, 27,063,835 acres ; product, 661,035,000 bushels ;
value, $309,253,611.
In cotton production the year was quite extraordinary and
the yield of 1892 is estimated to be over 2,000,000 bales
Bhort of the “ bumper” crop of 1891, The extreme de­
pression in price during the planting season, owing to the
immense stock in sight in the markets of the world, led to a
considerable reduction in acreage, and this, combined with
the smaller use of fertilizers and the unfavorable weather
caused the great decline in production above noted. The fol­
lowing table shows the crops of wheat, corn and oats as esti­
mated by the Agricultural Bureau and the crops of cotton as
reported yearly by the C h r o n i c l e .
CROCS O F W H E A T , CORN, OATS A N D COTTON SIN C E 1 8 7 7 .

Y ear.

W heat.

B ush.
1878
..... 4 2 0 ,1 2 2 ,4 0 0
1879 (C ensus) 4 5 9 ,4 8 3 ,1 3 7
1880
..... 4 9 8 ,5 4 9 ,8 6 8
1 8 8 1 ................. 3 8 3 ,2 8 0 ,0 9 0
1 8 8 2 ................. 5 0 4 ,1 8 5 ,4 7 0
1883
.... 4 2 1 ,0 8 6 ,1 6 0
1884
.... 5 1 2 .7 6 5 .0 0 0
1885
..... 3 5 7 .1 1 2 .0 0 0
1886
.... 4 5 7 .2 1 8 .0 0 0
1887
..... 4 5 6 .3 2 9 .0 0 0
1888
..... 4 1 5 .8 6 8 .0 0 0
1889
..... 4 9 0 .5 6 0 .0 0 0
1890
..... 3 9 9 .2 6 2 .0 0 0
1891
..... 6 1 1 .7 8 0 .0 0 0
1892
...... 5 1 5 .9 4 9 .0 0 0

C om .

O a ts.

C otton.

B ush.
1 ,3 8 8 ,2 1 8 ,7 5 0
1 ,7 5 4 ,5 9 1 ,6 7 6
1 ,7 1 7 ,4 3 4 ,5 4 3
1 .1 9 4 .9 1 6 .0 0 0
1 ,6 1 7 ,0 2 5 ,1 0 0
1 ,5 5 1 ,0 6 6 ,8 9 5
1 .7 9 5 .5 2 8 .0 0 0
1 .9 3 6 .1 7 6 .0 0 0
1 .6 6 5 .4 4 1 .0 0 0
1 .4 5 6 .1 6 1 .0 0 0
1 .9 8 7 .7 9 0 .0 0 0
2 .1 1 2 .8 9 2 .0 0 0
1 .4 8 9 .9 7 0 .0 0 0
2 .0 6 0 .1 5 4 .0 0 0
1 .6 2 8 .4 6 4 .0 0 0

B u sh .
4 1 3 ,5 7 8 ,5 0 0
4 0 7 ,8 5 8 ,9 9 9
4 1 7 ,8 8 5 ,3 8 0
4 1 6 .4 8 1 .0 0 0
4 8 8 ,2 5 0 ,6 1 0
5 7 1 ,3 0 2 ,4 0 0
5 8 3 .6 2 8 .0 0 0
6 2 9 .4 0 9 .0 0 0
6 2 4 .1 3 4 .0 0 0
6 5 9 .0 1 8 .0 0 0
7 0 1 .7 3 5 .0 0 0
7 5 1 .5 1 5 .0 0 0
5 2 3 .6 2 1 .0 0 0
7 3 8 .3 9 4 .0 0 0
6 6 1 .0 3 5 .0 0 0

B a les.
5 ,0 7 3 ,5 3 1
5 ,7 5 7 ,3 9 7
0 ,5 8 9 ,3 2 9
5 ,4 3 5 ,8 4 5
6 ,9 9 2 ,2 3 4
5 ,7 1 4 ,0 5 2
5 ,6 6 9 ,0 2 1
6 ,5 5 0 ,2 1 5
6 ,5 1 3 ,6 2 3
7 .0 1 7 .7 0 7
6 ,9 3 5 ,0 8 2
7 ,3 1 3 ,7 2 6
8 ,6 5 5 ,6 1 8
9 .0 3 8 .7 0 7
‘6 ,8 7 5 ,0 0 0

*■E stim a te d .

The large supply of wheat carried over from 1891 and the
pressing to market of the new crop, together with the better
outlook abroad, were the causes for a serious depression in the
prices of wheat in the later months of 1892, and on Jan. 1
1893 the price of No. 2 red winter in New York was 79%
cents, against 104% cents the previous year. Corn and oats
were much better supported, as the diminished crops materi­
ally affected the prospect of the home markets. With cotton
all was different from the preceding year. The great falling
off in the yield was made the most of by speculative interests
to push up and keep up the pricp, and cotton in this market
was selling at 9% cents per lb. for middling uplands in New
York in January 1893 against 7% at the same time the year
before.
,
As to prices of products received on farms and plantations,
the Agricultural Bureau report gave the following estimates
in November compared with previous years :
A V ER A G E P R IC E S R E C E IV E D B Y FA R M E R S AND P L A N T E R S.

W heat, per b u sh el
R y e, per b u sh e l. . ..
O ats, p er b u sh e l___
B arley, per b u sh e l..
Corn, per b u s h e l___
C otton, per p o u n d .

1887.

18 8 8 .

18 8 9 .

18 9 0 .

1891.

1892.

C ents.
081
54-4
30-4
52*2
44-4
8*5

Cents.
92-6
59*1
27*8
59-6
34-1
8-5

Cents.
68-8
45*7
23-0
4 2-7
28-3
8-6

Cents.
83-8
62-9
42*4
64-8
50-6
8-6

Cents.
83-9
77*4
31-5
54-0
4 0 ’6
7-3

Cents.
63-2
54-8
31-6
47*2
39*3
8-4

Taking the values in New York City about the 1st of Janu­
ary following the crop, we find that if the whole of each crop
could have been laid down in New York at that date the
values would have been approximately as follows :
ESTIM ATE O F C R O P V A LU ES I N N E W Y O R K ON JA N U A R Y 1 .

Crop o f 1892.
Yield.
Wheat.bush, 515,919,000
Corn... bush. 1,628.464,000
Cotton, bales
6,875,000
Total values

Price.
Jan.’93
cts.
79%
49%
9%

Value of
Crop.

Crop of 1891.
Yield.

Price,
Jan.’92

Value of
Crop.

cts.
%
$
411,169,327 611,780,000 104%
640,839,550
802,018,520 2,000,154,000 52% 1,070,430,465
344,600,704
9,038,707
839,453,125
m
1,552,640,972
2,051,870,719

Exports of domestic products in the first six months of 1892
were very large, as might have been expected from the enor­
mous crops of the preceding year. The total value of mer-

13

chandise exports from the couatry in .that period was $179,000,0J0 against $419,000,090 in 11 un tin*-- of ls.il. The
export of wheat, including flour reduced to wheat, w as
96,517,512 bushels against 59,079,248 in 1891, and cotton
2,568,531 bales against 2,600,522. But in the last half of the
year, owing to the smaller crops raised and the smaller de­
mand from Europe, the conditions werechanged. and export*
fell much below those for the same period in 1891. The latest
yet reported are for the five months ending November 80, ami
daring this period exports of wheat (including flour) were
56,430,424 bushels against 81,447,795 in the same time of 1 8 9 1 ;
corn 16,227,796 bushels against 12,703,470, and cotton 1,975,816 bales against 2,327,491. In the table following theex[ orts
are given for the Government fiscal year ending with June 30.
EXTORTS OF FLOOR, WHEAT, CORN AND COTTON SINCE 1881.
-. , ,
[ W heat F lour, i
Y ear ended Ju n e 30.
B arrels.
,
1 8 8 2 .............................
1883
................
1884
................
1 8 8 5 . . . .......................
1 8 8 6 .............................
1887
................
1888
................
1889
................
1890
................
1891
................
1892
................

5 ,9 1 5 ,0 8 6
9 ,2 0 5 ,6 6 4
9 ,1 5 2 ,2 6 0
1 0 ,6 4 8 ,1 4 5
8 ,1 7 9 ,2 4 1
1 1 ,5 1 8 ,4 4 9
1 1 ,9 6 3 ,5 7 4
9 ,3 7 4 ,8 0 3
1 2 ,2 3 1 ,7 1 1
1 1 ,3 4 4 ,3 0 4
1 5 ,1 9 0 ,7 6 9

W heat.
B u sh els.

Corn.
B u sh els.

C otton
B a le s.

95,271,8021 43,184, ,915 3,694,
4,626,
106,385,8281 10,586
1 70,349,0121 45,217,,490 3,881, 2 3 3
8 4 ,0 5 3 ,7 1 4 51,834, 116 3,969, 5 0 8
5 7 ,7 5 9 ,2 0 6 63,055.,433 4,283, 7 2 3
1 0 1 ,9 7 1 ,9 1 9 4 0,307,,252! 1,499,
65,789,201 2*1,278 4 1 7 ' A 6<)65,017
4 0 ,4 1 4 ,1 2 9 69,592, ,9°9| 1,872,
5 4 ,3 8 7 ,7 6 7 101,973,,717 5,0 2 0 ,
55,131,948! 30,768,,21 Ml 5,820,
1 5 7,280,351! 75,451,,8491 5,8 9 1 , 11

UNITED STATES PUBLIC LANDS.

The sales of public lands in the year ending June 30, 1892,
exceeded by about 1,175,000 acres the sales of the preceding
year, which were indeed the smallest of any year since 1878.
It is probible that the fine yield of crops in 1891 had much to
do in stimulating homestead entries, as all the increase was
in this class, while the sales for cash were considerably less*
and the timber-culture entries have almost disappeared, as the
laws providing for these have been repealed. In the tables
below only those lands are included in each year which were
presumably taken for settlement, as lands patented to rail­
roads or swamp lands to States are only tranferred from the
General to the State governments or to railroads, and do not
constitute any part of the lands opened up for settlement or
cultivation. The tables showing land sales were published in
the I n v e s t o r s ’ S u p p l e m e n t of November 26, 1892.
MANUFACTURES, IRON, COAL, PETROLEUM.

Cotton manufactures in the year ending August 31 1892,
as reviewed in the C h r o n i c l e ’s annual cotton crop report,
showed an estimated consumption North and South of
2,806,471 bales, against 2,530,916 bales the previous year.
The trade was depressed in the greater part of that year by
the steadily declining price of cotton, which touched 6 %c. for
low middling and 6 ll-16e. for middling uplands in New York
in the first week of April, and those manufacturers who had
purchased cotton heavily at higher prices made a loss on
such purchases. When the tide had turned and cotton be­
gan to advance the situation was reversed, and manufacturers
who were stocked up made large profits. The dividends paid
by Fall River mills showed a handsome increase over 1891.
In print cloths at Fall River the business was heavy, and is
reported as follows for the calendar year ending December
31, 1892: Production, 10,045,000 pieces, as against 9,985,000
pieces last year ; stock on hand, 7,000 pieces, as against 90,000
pieces in 1891, 583,000 in 1890, 35,000 in 1889 ard 5,000 in 1888 ;
sales of the year, 10,759,000 pieces, as against 8,838,000m 1891.
In wool and woolen goods the trade was fairly prosperous.
The sales were large and prices after.the early months of the
year were steady, the fall demand for goods was very active,
and the year closed with a healthy feeling among the woolengoods manufacturers.
Iron production in the first half of 1892 was large beyond
precedent, stimulated by the heavy demand for consumption
in the building trade and in mechanical work of all sorts. The
output of pig iron from January to June inclusive was re­
ported at 5,374,943 tons of 2,000 lbs. each, against only 3,772,280 in the same period of 1891. In the last six months of the
year the production was relatively smaller, and although the
exact figures will not be made up for several weeks, an ap­
proximate idea can be obtained from the capacity of furnaces
in blast, which on December 1 1892 was reported as 176,000
gross tons per week against 188,082 tons at the same time in
1891. The total production for the year 1892 in net tons o f
2,000 lbs. each has been estimated at about 1, 000,000 tons mare
than in 1891.
Anthracite coal production was stimulated by the famous
combination in February through which the Philadelphia <St

[V ol . LTVI.

THE CHRONICLE.

14

Reading Railroad leased the Lehigh Valley and Central New
Jersey roads. The price of coal was advanced but the distri­
bution was very large, and according to the monthly statistics
the stocks on hand were not greatly increased, being 73^,463
tons November 30 1892, against 037,816 tons on November 30
the year before; but the Philadelphia & Reading Company was
reported as having a large quantity of coal “above ground at
the end of the year. The circular price of Wilkesbarre stove
coal on Dec. 31 was §4 75, against §4 40 in 1891. The total
production of the year is estimated at 41,750,000 tons, against
40.448,000 in 1891.
FOREIGN COMMERCE.

The trade movement of the United States in 1893 had fea­
tures c f extraordinary interest. The immense crops of 1891
led to an export of domestic products in the first six
months of 1892 that was quite remarkable. The price
of cotton was abnormally low and wheat also de­
clined heavily, but notwithstanding these fa d s the
total value of merchandise exports in that hiJfyear amounted to §479,153,000 as against §419,384,000 in 1891.
In the last six months the situation was quite changed.
The crop of cotton was very much below the great 9,000.000
brie crop of 1891, and exports were als) checked by a large
advance in price. Grain exports were much less in conse­
quence of better crops abroad, and as a result of these com­
bined circumstances the total exports of merchandise in the
five months, July to November, inclusive (December not yet
reported), amounted to only §171,743,571, against §431,189,299
in the same five months of 1891. On the other hand imports
of merchandise kept up to abnormally high figures, and while
in the first half of the year they equaled the large imports of
1891, in the last five months they rati much above them, and
from July 1 to December 1 imports of merchandise amounted
to §374,000.000, against $328,000,000 in 1891. Hence, sum­
marizing the results of the eleven months, it is found that
the exports of merchandise exceeded imports by §45,000,000,
and the net exports of gold were $48,000,000, while in 1891
exports of merchandise exceeded imports by §92,000,000,
and net exports of gold were $40,000,000. In the last
ix months of 1891 there was a large gold import and
the striking contrast between the last half of the year
1893 as compared with its predecessor had much to do with
the financial situation, increasing the apprehension as to sil­
ver towards the close of the year and checking activity at the
Stock Exchange. The tables for the eleven months ending
November 30 were published in the Chronicle of December
24 on page 1057.

bbls. against 13,174,460 in 1891. The stocks Dec. 31 were
18,550,000, against 22,103,704 in 1891. The old Pipe Line runs
were 32,149,171 bbls., against 34,486,923 in 1891.
The old Pipe Line runs and deliveries in each calendar year
since 1881 and stocks at the close of the year and the exports
for the fiscal years ending June 30 have been as follows ;
PETROLEUM RUNS, DELIVERIES, STOCKS ANI) EXPORTS SINCE 1891.
C alendar year e n d ed D ecem b er 31.
R uns.
B arrels.
1882 ........ 3 1 ,7 8 9 ,1 9 5
1883 ........ 2 4 ,3 8 5 ,9 6 8
1 8 8 4 ........ 2 3 ,7 0 4 ,5 1 0
1 8 8 5 ........ 2 1 ,2 2 5 ,2 0 3
1886 ........ 2 0 ,0 4 3 ,6 4 5
1 8 8 7 ........ 2 1 ,8 1 9 ,0 2 7
1 6 ,2 5 9 ,9 7 7
1888 ........
2 1 ,5 1 9 ,6 3 6
1 8 8 9 ........
2 0 ,1 3 0 ,7 5 1
1890
......................
3 4 ,4 8 6 ,9 2 3
1893 .......
3 2 ,1 4 9 ,1 7 1
1 8 9 2 ........

D eliv eries.
B arrels.

Stoclrs.
B arrels.

2 2 ,0 9 4 ,3 0 0
2 1 ,9 6 7 ,6 3 6
2 4 ,0 5 3 ,9 0 2
2 4 ,6 8 6 ,1 0 4
2 6 ,3 9 6 ,4 8 3
2 7 ,3 4 7 ,9 9 8
2 6 ,4 7 0 ,6 5 4
2 9 ,4 7 2 ,8 6 4
3 0 ,0 2 8 ,7 3 8
2 8 ,7 6 1 ,0 7 3
3 0 ,0 9 0 ,1 9 3

3 4 ,3 3 5 ,1 1 7
3 5 ,7 1 5 ,5 6 5
3 6 .8 7 2 ,8 9 2
3 3 ,5 3 9 ,0 3 8
3 3 ,3 6 7 ,8 9 8
2 8 ,3 5 7 ,1 1 2
1 8 ,5 9 5 ,4 7 4
1 0 ,9 0 4 ,7 8 3
9 ,2 9 5 ,5 1 3
1 5 ,3 5 4 ,2 3 3
1 7 ,2 0 0 ,0 0 0

F isc ’l y ea r e n d ­
ed Ju n e 30.
U.
Exports.*
G allons.
5 5 6 ,2 3 0 ,2 2 8
4 9 9 ,7 8 6 ,2 6 6
5 0 8 ,3 6 2 ,9 0 8
0 6 8 ,1 0 0 ,5 2 0
5 7 4 ,5 5 5 ,4 8 0
5 8 9 ,5 5 4 ,4 4 1
5 7 6 ,9 8 2 ,3 9 6
6 1 4 ,5 1 1 ,8 0 5
6 6 1 ,8 4 5 ,6 9 8
7 0 8 ,2 2 0 ,7 7 7
7 1 4 ,8 0 8 ,4 7 9

* Inc u ding all m in eral oils, bo ill crude an d refined, b lit n o t including
residuum ai.d ta r.
RAILROAD CONSTRUCTION AND EARNINGS.

The building of new railroads in 1832 was discouraged by
many circumstances. The Inter-State Commerce law and the
regula'ions in different States by railroad commissioners bad
kept the rates for transportation so low that the proportion
of net earnings to gro33 was on many roads unsatisfactory.
Then the whole Sou'll was in a depressed condition the first
half of the year, on account of the low price of cotton, and
even when cotton had advanced, the railroad situation was
not improved, as the crop was so much smaller as to greatly
reduce the tonnage. The principal railroad building was
therefore done in small pieces, the Great Northern road being
the chief of the large systems engaged in heavy construction.
The total new mileage built in 1893 is estimated at 4,100
miles against '4,500 in 1891, 5,700 in 1890, 5,709 in 1839 and
7,000 in 1888.
Railroad earnings made a good exhibit for the first half of
1892, owing mainly to the heavy freight business derived from
the unprecedented crops of 1891. But in the latter half of the
year, when the new crops began to move, the earnings did
not show so well in comparison with the year previous, though
this was partly due to the fact that the earnings were so heavy
in the last half of 1891. There was much complaint of the
low rates on competitive business, which kept the net earn­
ings down to a small proportion of the gross receipts, and the
managers of through lines were almost unanimous iu their
opinion that some method of maintaining rates must be
adopted. The Western Traffic Association was practically
CITY BANK MOVEMENTS.
dissolved on Oct. 11 iu consequence of the withdrawal of
There was no extraordinary interest in the New York City the Chicago Burlington & Quincy Railroad from the associa­
bank figures this year. The Clearing House banks never tion. For eleven months of the year 1892, from Jan. 1 to
showed a deficiency in their legal reserve and the lowest point Dec. 1, the latest period yet reported, the gross earnings of
reached was on the 15th of October, when the surplus above 127 railroads, operating 89,505 miles, were §469,924,912,
the legal requirement was §539,050. The maximum of de­ against earnings of §444,672,860 on 88,115 miles in the same
posits was on the 18th of June, when the amount reached period of 1891, *
§543,663,100, as against §455,306,300 on the 26th of December
FOREIGN EXCHANGE.
1891, which was the highest for that year and the highest ever
The rates for sterling exchange ruled high in New York
reached up to that time.
during most of the year. The tone was easy in January and
MAXIMUM AND MINIMUM DEPOSITS OF NEW TORE CITV BANKS.
the highest asking rate for bankers’ demand bills was 4 87 at
M a x im u m .
[
M in im u m .
the close of the month. But from February to December, in­
$271,668,800 Mar. 12 clusive, there was no month except October in which the
1«82............................ . ...... 322.863.200 Ju ly 29 277,030,000 Nov. 25
327,326,700 J u ly 14 279,914,200 M ar. 31 posted rate for demand bills did not go as high as 4 89, though
1394..................................... 363,514,400 Feb. 16 280.698.100 J u n e 21 the rate on actual business was of course lower. The ex ­
1385..................................... 301,804,000 Auy. 22 340,816,300 Ja n . 3
1336..................................... 396,080,800 Feb. 13 345.708.500 Sept. 11 ports of merchandise in the first six months of the year ex ­
392.771.200 Fob. 12 341.935.900 Sept. 24
] 888..................................... 421.884.300 Oct. 20 371.305.900 J a n . 7 ceeded imports by about §48,000,000, but still there was a net
1880..................................... 445,797,500 Ju ly G 395,600,600 Dec. 14 export of more than 35% millions gold, while in the last six
1 800..................................... 431,599,600 Feb. 8 376.746.500 Dec. 13
1891..................................... 455.306.300 Dec. 26 383.491.500 J u n e 13 months of the year the net exports of gold amounted to about
1892..................................... 543,663,100 Ju n e 18 444.370.100 Dec. 24 §22 ,000 ,000 , a sum quite unusual for the last half of the year.
MAXIMUM AND MINIMUM SURPLUS RESERVE FOR TWELVE YEARS.
The small amount of commercial bills offering against ship­
M a x im u m .
M in im u m .
ments of cotton and produce and the continued heavy imports
1881..................................... $16,728,575 M ay 20 df. $3,333,275 Oct. 7 of merchandise were the chief causes for the relatively high
1882.....................................
10,895,600 A p ril 20 del’. 3,024,950 Nov. 11 rates of exchange. Throughout the year it was tolerably evi­
10,007,575 Ja il. 27 def. 6,770,875 Mar. 17
1883.....................................
1884.....................................
42.297.450 Dec. 4 def. 6,607,125 M ay 22 dent that the apprehension of a silver basis in the United
18,85.....................................
64,721,100 Ju ly 30
24,712,650 Dec. 24 States prevented any liberal investment of foreign money in
36,156,425 Ja n . 30
4,008,200 Dec. 18
1886.....................................
1$87.....................................
22.298.450 Ja n . 29
3,345,900 J u n e 25 our securities, and this led to the drain of gold in settlement
1888.....................................
28,463,700 J u n e 16
6,281,350 Dec. 29
20,014,800 Ja n . 26 def. 1,668,050 Oct. 5 of our foreign balances.
1889__
1800. .
1891.....................................
1892.....................................

15,031,650 Ja n . 25 def. 3.306,025 Sept. 13
24,089,775 J a n . 24
3,102,750 Oct. 3
36,020.000 Jail. 30
539,050 Oct. 15

THE MONEY MARKET.

The money market during 1892 was easier upon the whole
The petroleum product continued large during the year than in any year sinco 1888. There was never severe string­
and tlie Buckeye runs amounted to 14,118,903 bbls., against ency in the market prior to December, and during most of the
14,515,767 bbls. in 1891, while the deliveries were 16,040,072 time call loans ranged as low as 1@2 per cent on prime

THE CHRONICLE,

J anuary 7, 1893.]

collaterals. The extreme rate reached for call loans to stock­
brokers was 40, on the 19th of December. The forced isnue by
the Government of $47,418,531 in legal-tender notes against
its monthly purchases of silver bullion was a notable feature,
and as a matter of fact the actual net increase of coin and
currency in the country during the year was $16,351,039.
The following table shows the range of call loans in New
York each week and also the quotations for ptime short date
commercial paper.
W eek endin g
F rid ay.
“ 1 5 . .. .
“ 2 2 .............
“ 2 0 .............
F eb . 5 ............
“ 1 2 .............
“ 1 9 .............
“ 2 6 .............
Moll. 4 .............
“ 1 1 .............
“ l * ........
“ 2 5 .............
A pril 1 ..............
“
8 ..............
“ 1 5 .............
“ 22. .
“ 2 9 .............
M ay 6 .............
“ 1 3 .............
“ 2 0 .............
" £ 7 .............
J u n e 3 .............
“ 1 0 . . . ........
•« 1 7 ..
“

24

J u ly 1 .............

Call
L oans.
1^2©
1 ©
1 ©
1 ©
1 ©
1 ©
IV ©
U s©
IV ©
1%®
1%®
1% «
1%®

4
3
2V
2V
2%J
2*2
2
2
2
2
2
2
2

1*2©

2

1%®
m ®
1% ©
1 ©
1 ©
1 ©

2

1 ©
i ©
i ©
1 ©
1V©

2

2
2
2
2
1*2
iv
1v

2
2

Prim e 1 W eek endin g
F rid ay.
Paper. j
4 V©5% J u ly 8 ..............
“ 1 5 ..............
4 V © 5 x4
“ 2 2 ..............
“ 2 9 .............
3V © 4V
3V © 4V
“ 1 2 .............
3VS 4
“ 1 9 .............
3% »4%
“ 2 6 .............
4 ©5
Sept. 2 ..............
4 ©5
“
9 .............
“ 1 6 .............
4 ©5
“ 2 3 .............
4 ©5
“ 3 0 ..............
3 % ©4V
3 V©4
Oet. 7 ..............
“ 1 4 .............
3 ’s© 4
3 12 © 4 12
“ 2 1 .............
" 2 8 .............
3V © 4V
3 *4 © 4 V N ov. 4 ..............
“ 1 1 ..............
3 ©4
“ 1 8 ..............
3 ©4
“ 2 5 ..............
3 ©4
D
ee.
2 ..............
2% ®4
■2%®4
“
9 .............
“
1
6 ..............
2% ©3 V
“ 23 .
3 @4
“ 3 0 .............
3 ©4

Call
L oans.

1 ©
1 ©
1 ©
1 ®
IV ©
IV ©
2 ©
2V ©

2
2
2
2
2
2V
6
5

3 ® 4
3 © 6
4 ® 10
4V @ 1 0
4 © 8
3 © 7
5 ® 8
4
3
4
4

©
©
©
©

6
6
6
5V

3
4

© 40
© 10

RAILROAD AND MISCELLANEOUS SECURITIES.

Prim e
Paper.

The dealings in both stocks and bonds were quite dull in
the last three months of 1893. The Presidential election oc­
curred on Nov. 8 , Congress met on Dac. 5. the Silver Confer­
ence in Brussels began its session lats in November, and these
important events, together with the smalt exports of produce,
high rates of exchange, exports of gold, and less favorable
earnings on many railroad lines, all had the effect of checking
any buoyant movement in securities.
The following table shows the opening, highest, lowest and
closing prices of leading groups of stocks during the year 139.J.
R A N G E O F LP.ADINO STOCKS IX 1 8 9 2 .

3%®4%
3 ®4%

| Open­
ing.

3 V © 4V T runk L ines—
3 V ©4
B altim ore & O hio__
3 V©4
B oston & A lb an y __
■1 ® 1
C anada S o u th ern __
4 ©5V
E r i e ............................
44j ©53 a
L ake S hore.................
4V @ 6
M ichigan C entral ...
5 ©6
N. Y. Cent. & Hudson
4% © 6
P e n n sy lv a n ia ............
4 V © 5 V Coal RoatD—
4V ® 5%
Del. Lack. & W estern
5 ©6 V
D elaw are & H udson
5 ©6
L ehigh Valiev
5 V©6
New Je rse y C entral
5 a>5 V
N. Y. Susq. & W est’n.
5 V®6
Phila. & R eading ...
5 © 5 V W* s t’n & So w. R oads—
4% ©5*3
Atcli. Top. & S an 1'e.
5 ©6
Chic. Burl. & Quincy.
5 ©5*2
Chic. Mil. & St. P aul.
6

15

85

200

61%
34 V
123 V
106
1 16%
*57Sft
139
123 V
*50%
113
10 %
•10 >4

Lowest.

B lghetl.

1 Olos

\ ing.

8 101 % M ar
8 | 216 V Dec.

92% Oct.
199 J a n .
5 4 VH ept
23 V Dec.
120 Ja n .
102 Dec.
107 V Sept
53 Nov.

01% Mar.

56 V

11

19
15
9

140V Mar.
117 M ar.
119% Mar.

127 V
101 v
109%
I 5 4 1.»

138% Jan .

19

167 V Feb. 29 151
7 134 V
62 V Feb. 11 ' 5 8 14
145 Feb. 29 126 V
20% Nov.
18 "
65 Feb. 11 52 V

12 2 V Ja n .

15
H

8

50*4 Ja n . Hi
l l i v Ja n . 19
10% Ja n .
4
38 Ja n . 19

32% Mav
45 V
95 Sept.
109 V
82%
75 V Apr.
1161-2 110 V Dee.
75V Ju n o
89 V
123*4 119 Ja n .
109 V
95% Sept.
53% Dec.
63 Vl
(
92 lo
86 Oet.
34 1 27% Dec.
26%|
15 Dec.
72%
44 V Dec.
39 U
33 V Dee.
3 5 % Dec.
48*4

21

15
o
19

46 V
110%
84V
121V

Ja n .
4
33%
Ja n . 28 97%
Aug. 1 77V
Mar.
1 1 IV
7 82%
144 Aug. 1 1 134
110 Ja n .
5 99%
65% Ja n .
4 50%

Chic. & N orthw est’n.
Chic. E. I. & Paeifle..
8
G reat NfU’th ern , pref.
22
Illinois C e n tra l..........
16
M issouii Pacific.........
2
Pacific R > ads—
C anadian P ao illo ___
26
94V Ja n .
C entral P a e i d c .........
31
35 Ja n .
N o rth ern P aeifle.......
28
20% Ja n .
P re fe r r e d ................
29
72% Ja n .
S o u th ern P ae. Cnmp’y
20
41 *4 Ja u .
2
Union P a c ific ............
501-j Ja n .
Southern Roads—
Chesdpeake & O hio..
21% Sept. 16
26%'
28 Ja u .
E a s t Tenn, Va. & Ga.
3% Dec.
9% Ja n .
7V
1 s t pref trred .
..
50 1 22 V Dec.
51% Ja n .
L ouisville A N ashv..
6
1
%
Sept.
23
81%
81V Ja u .
N orfolk & W est. pref.
55 1 37>4 Sept. 29
50 J a n .
Rich. & W. I’t. Term
6 % J u n e 27
15 1
1 TV Fel).
T exas & Pacific.........
7 J u ly 1
13 %
14 V Ja n .
M iscellaneous—
Am er. C otton O il__
32% Ja n . 19
47% Aug.
35V!
Am. S u s a r ..................
85 |
78% J a n . 19 115V Aug.
Am er. Tobacco C o... ,106 | 106 Oct.
3 126 Nov.
Chicago G as...............
71%
71% Ja n .
2
99V Nov.
D istillin g & C attle F .
60 | 44 V Mar. 9
72 V Dee.
N ational Cordage__
91 V Mar. 7 1 12% Dee.
91%
31 i 30V M ar. 21
N atio n al L ead Co__
51V Dec.
N orth A m erican .......
18V Jan".
;>% Dee. 29
18%
Pacific M ail SS..........
25 Dec. 16
40 V J a n .
38%
48% Nov.
U. S. R u b b e r Co.........
539 1 . 38% Nov. 18
82 Ja n . 19 1O0V Aug.
W estern Union T el..:
83-V
60 ! 50 Oct. 17
04V Ja n .
P ip e L ine Certificates
95% Ja n .
S ilver Bullion C ertif’s
95 1 82% Aug. 12
* D ollars p e r share: n o t p e r cen t.
; F irs t sale in Oct.
sale in Nov.

The details of stock and bond movements in each month
12 89
4 27 V
of the year are given below under the titles of the several
16
months respectively. In taking a general view of the Stock
•» 47V
6
33 V
Exchange situation we fin 1 that there was more confidence
4 3 9 »b
in the values of railroad stocks a n i bon Is in January than
1 1 22 %
at any later date. The transportation of the heavy crops of
7\
3%
11
25
1891 during the first half of 1833 promised a large business
O 71%
and the expectation was afterward fully realized, as the
4 38
12
7%
tables of railroad earnings published in the C h r o n i c l e sho wed
1
9%
that 190 railroads earned $418,515,806 gross in the first six
i s -1334
months of the year against §1:6,936,311 in the same period of
25 111V
1 121%
1891, an increase of $31,579,495, or 7-57 per cent, while net
•7 89V
13 6 6 V
earnings increased $6,607,333, or 5*31 per cent. In the last
12 138%
half of the year earnings were much less favorable and the
14 •16
1 10 %
statement for ten months ending with October (the latest yet
14 1 27V
19 45
reported) showed that the increase in net earnings on 124
10 9534
roads was only §4,335,492 over 1891. The low rates for freight
12 52%
14 S 3,kept the ratio of expenses to earnings at a high figure, and
F irst
the net profit from operations was consequently unsatisfac­
tory on many roads.
The following table shows the volume of sale3 at the New
The market was greatly influenced at times by negotiations York Stock Exchange for a series of years.
or agreements of large importance affecting certain leading
SALES AT T H E N E W YORK STO CK EX CHA NG E SINC E 1 8 3 0 .
companies. The Olcott plan for reorganizing Richmond Ter­
*R ailroad and
R ailroad and
minal first buoyed up the market and then by its failure de­
State
G overnm ent
M iseel'aneous M iscellaneous
Bonds.
B onds.
B onds.
Stocks.
pressed it. Again, the consent of Drexel, Morgan & Co. to
examine the property lifted all Richmond Terminal and kin­
S hares.
$
$
3 5 ,3 9 5 ,8 5 0
3 8 5 ,8 8 9 ,5 0 0
4 9 .5 6 9 ,3 0 0
1 1 4 ,5 1 1 .2 4 8
dred securities, only to be dropped as quickly when that firm 11 88 88 12 .......
2 6 ,5 7 1 ,2 6 0
.......
2 4 6 ,7 6 9 ,4 1 0
18,555.850
1 1 6 ,3 0 7 ,2 7 1
1 7 ,0 4 6 ,1 5 0
2 8 4 ,7 6 8 ,1 0 0
6 ,9 8 6 ,5 0 0
declined to act further. The Richmond Terminal and all the 1 8 8 3 . . . 9 7 ,0 4 9 ,9 0 9
2 ,8 2 6 ,9 0 0
• 1 4 ,9 0 5 ,1 5 0
4 9 9 ,9 5 5 ,2 0 0
.......
9 0 ,1 5 4 ,9 7 1
principal companies of its system went into the hands of re­ 11 88 88 54 .......
1 5 ,2 6 1 ,2 0 0
1 1 ,6 7 8 ,0 5 3
6 6 0 ,6 5 9 ,4 0 0
9 2 ,5 3 8 ,9 4 7
2 0 ,394,411
5 8 7 ,2 3 7 ,5 0 0
12 ,7 8 3 ,5 0 0
1 0 0 ,8 0 2 .0 5 0
....
ceivers. The famous Reading lease of the Lehigh Valley and 1880
7 ,1 1 0 ,4 0 0
1 5 ,3 0 6 ,8 0 0
3 4 7 ,1 2 7 ,3 3 0
1 8 8 7 .......
8 4 ,9 1 4 ,0 1 6
6 ,5 7 3 ,7 0 0
5 .1 8 8 ,2 8 5
Jersey Central railroads was announced on Feb. 11th and on 1 8 8 8 .......
3 4 5 ,9 1 1 ,0 5 7
6 5 ,1 7 9 ,1 0 6
3 ,6 9 8 ,8 5 0
5 ,9 3 2 ,3 5 0
3 9 8 ,8 2 5 ,4 2 5
1889 . . .
7 2 ,0 1 4 ,6 0 0
that day the sales at the IT. Y. Stock Exchange reached 1,387, _ 1 8 9 0 .......
4 ,8 7 0 ,4 0 0
2 ,6 2 5 ,5 0 0
7 1 ,2 8 2 ,8 8 5
4 0 1 ,8 2 9 ,2 2 0
3 8 3 ,7 1 5 ,0 0 0
1 ,4 6 0 ,8 0 0
3 ,4 7 5 ,1 0 0
6 9 ,0 3 1 ,0 8 9
467 shares, as against 1,074,000 on Dec. 15 1836, which was the 1 8 9 1 .......
1 ,7 2 9 ,1 0 0
4.7 9 3 .9 5 0
4 8 5 ,8 5 7 ,4 0 0
1892 . . . .
8 5 ,8 7 5 ,0 9 2
highest previous record for any single day. The Jersey Cen­
‘ T h is in clu d es all sto ck s (e x c ep t Rank stock s) and also tr u st eerrm tral lease was broken by a decision of the Chancellor in Au­ oates, A c., sold in tiie ‘uiu ltste t” departm en t, e x o -p t petroleu m certifi­
gust. On Oct. 36 was announced the consummation of the c a te s sold b y barrels.
REVIEW OF 1893 BY MONTHS.
deal between Reading parties and the Boston & Maine and the
J anuary .—Tbe year opened with a money market abund­
N. Y. & New England railroads, and thus throughout the en­ antly
supplied with funds, and the rate f >r call loans in Janu­
tire year the Phila. & Reading, with its remarkable combina­ ary never went above 5 per cent, sion falling off to
per
tions and vicissitudes, was a most prominent factor in direct­ cent, while prime commercial paper was quoted as low as 3>_>
@ 4% Per cent. The accumulation of money in die city hanks
ing the movements of the stock and bond markets.
was large and the surplus reserves above the 25 per oeut re­
The so-called industrial stocks engrossei»a larger share of quirement- were on Jan. 2 $17,232,050: on the 9th §18.961,125:
attention in the dealings than ever before, and at times fur­ on the 16th $24,576,025; on the 23d $33,003,900. and on the 30th
nished almost the only active business at the Exchange. The $30,020,990. which was the highest point teached during the
transactions in such stocks as Sugar, Lead, Tobacco, Cotton year. The line of deposits in the Clearing House banks sur­
passed any former year, and on Jan. 31 they s’n 'd at
Oil, National Cordage, General Electric, Chicago Gas, Dis­ $509,514,000. Foreign exchange advanced pretty -teadily
tilling & Cattle Feeding, &c., were of very large volume, par­ throughout the month, and from 4 82 and 4 34 . as the actual
ticularly in the last quarter of the year. Mr. Jay Gould died rates for bankers’ 60 davs and demand bills at first t ley rose
on December 2, and his particular stocks were so fully sup­ to 4 84% and 4 86 .t£ towards the close: foreign holders of
American securities were sellers to a moderate extent. The
ported that instead of declining several of them actually be­ Bank of England rate was
per cent at the beginning of the
came firmer, and Manhattan El. and Western Union within I year and was reduced to 3 per cent on the 21st. The exp rts ot
a short time were purchased heavily and scored a largeadvance. 'merchandise from tbe United States exceeded imp rts by

s

16

THE CHRONICLE.

$37,418,000; the net imports of gold were §806,000: the net ex­
ports of silver §1,336,000; Silver Bullion Certificates ranged as
follows: Opening price, 95; highest, 95%; lowest, 91; closing,
81H At the Stock Exchange the tone was generally strong and
confident. Railroad bonds were in good demand at rising
prices and some of the income bonds advanced materially.
The Reading incomes were favorably influenced by the decla­
ration of 5 per cent on the firsts and 4% on the seconds, pay­
able February 1 out of the earnings of the fiscal year ending
Nov. 30 1891. The Mo. Kansas & Texas seconds were also
favorably affected by the announcement that the 2 per cent
coupon due February 1 would be paid, that being the first
payment of interest on these bonds. The Ches. & Ohio bonds
were firmer in consequence of the negotiation by which the
Elizabethtown Lexington & Big Sandy road was absorbed, and
the new C. & O. mortgage for §70,000,000 4% ner cent bonds was
proposed, part of it being used to retire the preferred stocks.
The Richmond Terminal bonds were very strong pending the
maturing of the reorganization plan by the Olcott Committee.
Chicago & Erie incomes advanced on the better prospects of
the road and the Union Pacific 6 percent gold notes reached
99%. Stocks were generally strong in the early part of the
month on a good prospect for the future. Earnings of most
of the Western roads had been showing well for some time
and they were expected to do much better in the first
half of- • 1892 than in the corresponding period of
1891.
The market was also influenced by the move­
ment in special stocks. After the middle of the month
the war prospects with Chili had a depressing influence, and
when the difficulties were settled the tone again became
firmer. Foreign holders were sellers of our stocks here,
owing to the dull condition of trade abroad and the silver
question in this country. Early in the month Union Pacific,
St. Paul and Atchison were strengthened by their good ex­
hibit of earnings, and Richmond Terminal by the appoint­
ment of the Olcott Committee, and further by the formation
of a syndicate which subscribed §6 , 000,000 to take up the
Richmond & Danville floating debt temporarily. Chicago
Gas was very active on prospects of taking over the Eco­
nomic, the oppositon company. New York & New England
became strong and active on Mr. Charles Parsons going into
the company. Northern Pacific was one of the weakest
stocks, the coal stocks were very strong on good buying, and
Denver & Rio Grande preferred rose sharply on its improved
prospects and a boom at Creede, the new mining town.
Among the events of January not mentioned above the
American District Telegraph increased, its stock to §4,000,009
and absorbed the Mutual District Telegraph ; Lehigh Valley
sold §7,000,000 of its N. J. Terminal RR. bonds; the Olcott
Committee was formed for the re-organization of Richmond
Terminal ; the American Sugar Co. decided to increase its
stock S35,000,000 ; the Ches. & Ohio plan was issued, as men­
tioned above ; a syndicate took §5,000,000 of Baltimore &
Ohio new stock ; the Oregon Pacific Railroad was sold to
a committee of bondholders; Philadelphia & Reading ac­
quired control of the Poughkeepsie Bridge.
F ebruary.—The money market was very easy during Feb­
ruary, although the surplus reserve of the banks decreased
somewhat. Foreign exchange was strong and a moderate ex­
port of gold took place, At the Stock Exchange all other
events were overshadowed by the great Phila. & Reading
combination, through a lease of the Jersey Central and Lehigh
Valley roads, which was announced on the 11th, and led to
extraordinary activity in the securitities of the companies
affected. The rates for call money ranged from 1 to 2 % per
cent, with an average scarcely exceeding 2 per cent, and prime
commercial paper was quoted at 3% to 4% per cent. The
surplus reserve of the city banks on the 6 tlTwas §38.441,425;
on the 13th $33,653,825; on the 20th §30,857,550, and on the
27th $26,969,700. Foreign exchange was generally strong, but
became a trifle easier towards the close, the actual rates for
bankers’ sterling bills being4 84%@4 85 for long and 4 86 %@
4 87 for demand in the early part, rising to 4 86 and 4 88 %
and closing a trifle easier for long bills at 4 85%. The sales
of securities for foreign account had some influence on the
rates of exchange. The exports of merchandise from the
United States in February exceeded the imports by §21,254,000;
the net export of gold was §3,680,000; the net export of silver
was §1,232,000; the range of Silver Certificates in New York
was: Opening. 91%; highest, 91%: lowest, 89%; closing, 90%.
Securities at the Stock Board fluctuated materially. The
Atchison income bonds began to decline, reaching 58%, while
Richmond Terminal bonds advanced sharply under the Olcott
plan of reorganization until the 6s touched 100 and the 5s
73 %
Ihe Mo. Kansas & Texas and the Iniernational& Great
Northern bonds were strong on the Gould settlement. The
Phila. & Reading pref. incomes boomed on the great coal
combination, the three issues respectively selling at 79.72 and
67. Stocks opened the month with a tendency towards weak­
ness under realizing sales. Distill. & Cattle Feeding declined
quite sharply to 45% ; Edison General Electric was strong on
the proposed consolidation, and the anthracite coalers were
rising, in anticipation of the great deal which was announced
in the morning papers on Thursday the 11th. This led to
immense activity on that day, when the total sales reported
at the hew York Stock Exchange amounted to 1,387.467
iK ioon* stock, against 1,074,000 iu the small panic ot Dec.
15 1880, which was the largest previous record. Reading
stock sold no to 65 on the 11th, from 40% early in the month
and sold back again to 57%. The other coal road stocks were

|V ol, LVI,

strong. N. Y. & New England also advanced to 56%, from
46% as the lowest of the month. There was a reaction after
the great coal deal and stocks became dull. Richmond Termi
nal stock reached 17% under the influence of the Olcott plan ;
Balt. & Ohio stock was listed at the N. Y. Stock Exchange.
Among the principal events of the month may be men­
tioned the agreement dated Feb. 9 for the consolidation of the
Edison General Electric and Tliomson-Houston companies; the
Ches. & Ohio acquired the Elizab. Lexing. & Big Sandy Rail­
road ; the Philadelphia & Reading combination announced
on the 11th included a lease for 999 years of the Lehigh
Valley road to the Philadelphia & Reading and a lease of the
Central Railroad of New Jersey to the Port Reading Com­
pany, guaranteed by the P. & R. The Terminal Railroad As­
sociation of St. Louis sold §7,000,000 4% per cent bonds : the
Chicago Junction Railways & Union Stock Yards Co. called a
meeting of stockholders March 1 t» approve the contract
with Armour and others; the Mobile & Ohio election was in
litigation; the Olcott Committee’s plan for the reorganization
of Richmond Terminal was unofficially outlined, providing
for new issues amounting to some §500,000,000 ; the Ches. &
Ohio Railroad stockholders voted the new issue of §70,000,000
4% per cent general mortgage bonds and an increase in the
stock ; the Chicago Gas syndicate obtained control of the
Economic Gas Co.; the International & Great Northern set­
tlement was effected and its stock held by M. K. & T. trans­
ferred to Jay Gould ; the New York & New England called
a meeting March 8 to authorize the new blanket mortgage,
not exceeding §30,000,000.
March .—Money continued very easy this month and the
uotatious on call were 1% to 2 per cent, and for prime paper
@5 per cent. The city banks’ surplus reserve ran as follows ;
On the 5th, §21,292,225 ; on the 12th, $16,196,450 ; on the 19tb.
§16,199.700 ; on the 26th, §18,007,425. Foreign exchange was
generally dull, but became stronger towards the close, when
bankers’ 60 days sterling was sold at 4 86% and demand at
4 88%, with cables at 4 88%. The Bank of England rate re­
mained throughout at 3 per cent. The trade statistics of the
country showed an excess of §4,730,000 in merchandise im­
ports over exports ; net gold exports of §2,626,000 ; net silver
exports of §2,166,000. The range of Silver Certificate: was:
Opening, 90%; highest, 91%; lowest, 85%: closing. 86%.
Stocks and bonds had some speculative activity in the
early part of the month, but afterward became dull. The
Richmond Terminal bonds were active on the strength of
the Olcott plan, which was made public in detail on the
16th, but neither the stock nor bonds reached as high prices
as in February, and were considerably lower at the close
of March. Stocks were very active' in specialties early
in the month, with many rumors of consolidations or new
deals, and Lake Shore advanced to 140%, Delaware &
Hudson to 145%, New England (under the report that Dr.
Seward Webb would become President) to 59; Erie was ac­
tive and sold up to 33%; Tenn. Coal higher on the De Bardeleben consolidation, and Buff. Rochester & Pittsburg active up to
41%. American Sugar was very active and strong, touching
101% on the reported absorption of the Philadelphia rival com­
panies. Towards the end there was a decided reaction, and
stocks were considerably lower than tbeir highest prices
reached—Reading 56, New England 45%, Richmond Terminal
10%, Lake Shore 132%, Delaware & Hudson 139%.
Among the controlling events of the month were the rumors
of large combinations ; the moderate gold exports ; the decla­
ration of the Chicago Council that the charter of the Economic
Gas Co. was forfeited ; a plan of reorganization by the bond­
holders of N. Y. & Northern; the hearing at Harrisburg
March 3 on the Reading leases ; the Bell Telephone voted
§2,500,000 new stock ; the Central Railroad of Georgia went
into receiver’s hands (Gen. E. P. Alexander); Chicago Gas
offered its stockholders §4,000,000 of Ind. Natural Gas & Oil
Co.’s bonds at 90 with a bonus of stock ; the N. Y. & New
England meeting voted the new 5 per cent consol, mortgage ;
Ontario & Western proposed a new §20,000,000 mortgage at 4
per cent, part to retire old 6s ; the bill to legalize the Reading
deal passed the New Jersey Legislature, but was afterward
vetoed by Gov. A bbett; the Tenn. Coal & Iron consolidation
with the De Bardeleben Co. was effected ; Del. & i Lu Ison
made a mortgage of §2,000,000 on the Adirondack Railroad ;
the famous Olcott plaD for reorganization of Richmond
Terminal was issued on the 16th ; the American Sugar Co.
applied to have $25,000,000 new stock traded in among the
unlisted ; the Free-Coinage Bill failed to pass the House on
the 24th ; American Sugar was reported to have absorbed the
refineries of Knight & Harrison andSpreckels in Philadelphia;
Atchison conveyed i ’s teiminal property in Chicago; the
Chic. St. Paul & Kansas City Railroad leased its property to
the Chic. & Great Western with a financial plan for new
capital; the Standard Oil Trust dissolved and the different
companies in several States increased their capital.
A pril.—The month of April was not marked by any ex­
traordinary events in financial affairs, and in the latter part
of the month gold exports were again resumed on a consider­
able scale, the amount leaving New York in the week ending
April 30 being over §4,500,000. Money remained very easy,
the range on call being 1% g.2 per cent and on prime commer­
cial paper 3%ht4% per cent. The surplus reserve of the city
banks was §18,017,950 on the 2d, S15,839,200 on the 9th, §15,788,500 on the 16th, §19,532,975 on the 23d and §30,036,300 on
the 30th. Foreign exchange was generally dull hut strong for
sterling bills, and gold began to go out uite freely in the

J anuary 7, 1893.]

THE C'HRONL Lr .

17

latter parr. Bankers’ rates on actual business were 4. 86 %ra% I helped the whole market. Reading securities wen -trouger
for 60 day bills, 4 87%@% for demandand4 87%@8 for cables towards the close on higher prices for coal and good earnings
in the early part of the month, and rose about % point, closing of the company. The clearing of stocks sold at the New
a t 4 87m7%, 4 88 a 8 % and 4 88 %®8 % respectively. The Bank York Stock Exchange was begun with four leading stocks on
of England rate was reduced from 3 per cent to 2% on the May 17, and was thereafter successfully continued with the
7th and again reduced to 2 per cent on the 28th, Imports of addition of one prominent stock after another to the clearing
*
merchandise exceeded exports in value by 8386,000 ; net ex­ list.
ports of gold were 87,035.000 ; net exports of silver 8990,000.
Among the events of more or less promineuce this month
Silver Certificates at the New York Stock Exchange ranged as was the declaration of a dividend of 3 per cent on American
follows : Opening, 87% ; highest 88 ; lowest, 85%; closing, 87. Cotton Oil pref.; the Government brought suit to annul the
The transactions in stocks and bonds were not particularly purchase of Philadelphia refineries by the American Sugar
active, and much of the business was done in specialties. Co. on the ground of monopoly ; the General Electric Co.
Among bonds, the Richmond Terminals were weaker as the filed its certificate at Albany making the authorized stock
Olcott plan hung fire ; Atchison incomes sold down on the $50,000,000 ; in Alabama the Chancellor decided the Mobile &
prospect of the forthcoming plan for the issue of a second Ohio election case in favor of the Mackey party, who held a
mortgage, and Reading pref. incomes fluctuated with the majority of the stock ; the Rio Grande Western stock was
varying phases of Reading affairs, including the Governor’s increased by $2,500,000 issued at 40 ; it was voted to increase
veto in New Jersey of the bill to legalize the Reading leases. the Gin. Hamilton & Dayton stock by $4,000,000 and issue
The new Chesapeake & Ohio 4% per cents came on the list $3,000,000 of 5 per cent general mortgage bonds ; the Herringselling at 82@82%. Railroad and miscellaneous stocks were Hall-Marvin Safe Co. offered its preferred stock of $1,800,000
dull at the beginning of the month, with New York & New and $500,000 of its $1,500,000 common stock; the American
England down to 41%, soon afterward fallin<| to 36% ; Atchi­ Rapid Telegraph plan of reorganization was issued ; the Nor­
son, 35%, and Reading also lower at 54%. Delaware & Hud­ folk & Western Railroad determined to increase the preferred
son soon became active and ran up to 149% on reports of con­ stock by $10,000,000, raising the whole amount to $50,009,000;
trol by New York Central parties, which subsequently proved the Atchison plan was issued for a second mortgage of
to be only a representation of that interest in the board. $100,000,000 4 per cents, to take up the income bonds and to
Reading advanced to 62% and all the coal stocks became use for other purposes ; Messrs. Drexel, Morgan & Co. con­
strong later in the month, in spite of the New Jersey veto, sented to examine the Richmond Terminal property with a
but afcerward fell off on the reduction of coal freights by the view to reorganization.
Pennsylvania Railroad. Atchison was weak at 34 on London
J une.—Gold exports in June were very large ; money was
selling, and Union Pacific declined to 42% after the success extremely easy; receivers were appointed for the Richmond
of the Gould ticket by aid of the London proxies.
& Danville and the Richmond Terminal companies. Call
Among the leading events of the month was the decision in loans ruledht 1@2 per cent, with 1% as the average rate on
Georgia against the Richmond Terminal's voting on its Cen­ good collaterals, while prime paper sold at 2%<84 per cent.
tral Geofgia stock ; the New York & New Haven determined The city' banks showed surplus reserve as follows : On the
to lease the New York Providence & Boston road ; in the Ohio 4th, $23,679,750; on the 11th, $23,545,850 ; on the 18th, $22,& iliss. elections case the B. & O. party, voting the Brown- 783,825, and on the 25th, $19,872,050. Foreign exchange was
Shipley proxies, was upheld ; the Poughkeepsie Bridge and very firm and gold exports were i eavy. Actual rates for
Central New England & Western plan of reorganization was bankers’ sterling were 4 87%@4 87% for 60 day bills. 4 88%
published ; the Long Island RR. issued §2.750,000 bonds to @4 88% for demand and 4 88%®4 88% for cables.
pay for the Metropolitan Ferry Co. and real estate ; several The Bank of England rate remained at 2 per cent.
N. Y. street railroads were absorbed and brought under oue The United States trade returns showed imports of mer­
control by the Philadelphia syndicate, with John D. Crim- chandise $7,061,000 above the exports ; net exports of gold
mins as President; Gov. Abbett of New Jersey vetoed the bill were $16,637,000 and net exports of silver $1,264,000. Silver
to legalize the Reading leases ; an abstract of the new Ches. Bullion Certificates in New York opened at 88%, sold as high
& Ohio §70,000,000 4% per cent mortgage was published in as 91 and as low as 87% and closed at 88%.
the Chronicle ; the Baltimore & Ohio RR. resumed the pay­
The market for stocks and bonds was rather indifferent.
ment of dividends on its common stock by declaring I% per The Atchison incomes recovered partly from their depression
cent for the quarter ending Dec. 31 1891 ; the General Elec­ as the second mortgage plan became better known. The
tric bill was passed in the New York Legislature ; the N. Y. Richmond Terminal securities became weak on the appoint­
Ontario & Western RK.’s general mortgage for §20,000,000 ment of receivers, and as Messrs. Drexel, Morgan & Co. also
was authorized ; the Chicago & Alton proposed to issue 82,- declined to undertake the reorganization ; the stock touched
500,000 new stock at 114 to retire bonds maturing Jan. 1 1893; 6%, the 5s 41% and the 6s 75, these prices for the 5s and for
the lease of the Chic. St. Paul & Kansas City RR. to the Chic. the stock being the lowest of the year, while the 6s sold at
Great Western was ratified ; Mr. John Good disagreed with 71% in December. Burlington & Quincy fluctuated sharply
the managers of the National Cordage Company ; at the Union on speculative manipulation and St. Paul was strong. New
Pacific election the Gould party was successful by the help of England went up to 40%, as a proposition was made to put the
the English proxies; the dividend on New York & New stock in a voting trust for five years, but the Housatonic road
England pref. was passed.
was acquired by Messrs. Morgan and Rockefeller in the New
May . —During May the gold exports were moderate; money York New Haven & Hartford interest, and New England de­
remained very easy; there were very heavy floods in the clined to 34 as the lowest of the month. The Duluth South
West and South; Stock Exchange business was largely in spec­ Shore & Atlantic stocks became active, presumably on pur­
ialties, and the plans of Richmond Terminal and Atchison chases by Canadian Pacific parties.
were the leading events of the month. Call money ruled at
Among the principal occurrences of this month touching
1@2 p. c. and prime commercial paper at 3(®4 p. c. The city financial and railroad interests, the Attorney-General of New
banks’ surplus reserve fell off sharply in the first week, but Jersey began a Buit to annul the Jersey Central lease; the
ran up heavily towards the end. On the 7th it was 814,808,500; Illinois Central Railroad agreed to purchase the Louisville
on the 14th 815,772,125; on the 21st $19,555,975, and on the New Orleans & Texas road ; the Ohio * Mississippi q u o war­
28th $24,612,825. Foreign exchange ruled easier until the last r a n to case was decided in favor of the B. & 0. party, voting
week of the month, when rates became about % cent higher the Brown-Shipley proxies ; a bill was filed by stockholders
at 4 86%@4 87 for bankers’ 60 days sterling, 4 88 ®4 88 % for against the Lehigh Valley lease to Reading; a decree was
demand and 4 88 %@% for cables. About 2% millions of gold made for the sale of the San Antonio & Aransas Pass road in
were exported from New York the first week, but afterwards November, but afterwards annulled and receivers were dis­
the exports fell off. The Bank of England rate remained at 2 charged ; the Wheeling & Lake Erie determined to issue a
per cent. The U. S. commerce statistics showed an excess of consolidated mortgage for $8,000,000 : the Trenton Potteries
merchandise exports over imports amounting to §1,064,000; Company was incorporated in New Jersey with a capital of
net exports of gold were $3,268,000; net exports of silver, §3,000,000, the U. S. Cutlery Company with $1,000,000 and the
$397,000. Silver Bullion Certificates in New York opened at Wall Paper Company with $14,000,000 capital; the Richmond
& Danville Railroad went into the hands of receivers; the
87%, sold as high as 88 %, as low as 87% and closed at 87%.
Railroad bonds showed some activity on a general demand Housatonic road was acquired by Messrs. Morgan and Rock­
and special bonds were also active for particular reasons—the efeller in the N. Y. & New Haven interest: a decree of sale
Atchison incomes, owing to the plan for converting them into of the South Carolina road on November 17 was made; the
second mortgage bonds, and Richmond Terminals, from the Tenn. Coal & Iron aud the De Bardeleben consolidation was
failure of the Olcott plan, aud afterwards the consent of completed ; the Valley Railroad (Ohio), controlled by B. & O.,
Drexel, Morgan & Co. to examine the property with a view defaulted on the 15th; the General Electric stock was
to reorganization. The stock market was influenced to some listed ; the Northern Pacific arranged for a monthly steam­
extent by the events above mentioned as affecting bonds. ship service from Tacoma to Japan and China; Mr. W.
American Sugar declined on the Government suit to nullify G. Oakmau was appointed receiver for Richmond Terminal;
the Phdadelphia consolidation on the ground of monopoly. the St. Louis & Sau Fraucisco suit of Kimball and others,
Reading was strongly held and Buffalo Rochester* Pittsburg first preferred stockholders, was settled by the Atchison
advanced on the traffic contract made with Reading and company ; the East Tenn. Va. & Georgia road went to receiv­
New York Central. Delaware & Hudson fell off when the ers ; Charles Parsons was elected president of the N. Y. &
reports of Vanderbilt control were sifted down to the elec­ New England road : the Poughkeepsie Bridge m o r t g a g e was
tion of only three directors in that interest. Northern Pacific foreclosed June 30 ; Drexel. Morgan & Co. declined to under­
preferred was weak on bear attacks and the dividend was take the reorganizations of Richmond Terminal.
J ui. y .—In this month the exports of gold were considerable;
passed. The Western floods were very serious after the middle
of the month, and then the Richmond Terminal Olcott plan the Free-Coinage Bill was passed by the S-mate but was after­
was declared non-effective through failure of the underlying ward defeated in the House; labor riots took place at the
bondho ders to come into it, but afterward the consent of Carnegie works near Pittsburg and in the Cceur d’Alene rain­
Drexel, Morgan & Co. to investigate the company’s affairs ing districts. Money was v. ry e isy on call, ruling at 1 <i 2 per
with a view to reorganization braced up its securin's and cent after the first week, when an exceptional rate of 4 per cent

18

THE CHRONH LE.

was made; pi fine paper sold between 3 and 5 percent. The
surplus reserve of the city banks was §18,066,000 on July 2,
§15 577,025 on tbe 9th, $20,207,150 on the 16th, §23,063,600 on
the 23d and $24,231,275 on tbe 30th. Foreign exchange was
firm at the beginning and then became a fraction easier.
Sterling bills after the m;ddle of the month ruled at 4 87@34
for 60days, 4 88(3 8}4 for demand and 4 88J4@ 3-2 lor cables, and
these rates were %<a34 lower than at the opening. The Bank
of England rate remained at 2 per cent. The XJ. S. trade sta­
tistics showed an excess of merchandise imports oyer exports
of $13,134,000; net gold exports of $10,240,000; net silver ex­
ports of $596,000. Silver Bullion Certificates opened at 87Jg,
(which was the highest of the month), sold down to 86 and
closed at that price.
. , ,
_
.
Securities were depressed early in July. Messrs. JjrexeJ,
Morgan & Co. had declined to undertake tbe reorganization
of Richmond Terminal, and default was made July 1 on the
Richmond & Danville 6s and on Memphis & Charleston and
other bonds of the Terminal system; the Free-Coinage Bill
passed the Senate on July 1 and the Government crop reports
on the 10th were not encouraging. Afterwards there was a
better feeling and talk of new plans for Richmond Terminal,
the coal situation was strong by reason of an advance in
prices, and after the middle of the month there was more conl'eeling atjd the market became stronger. The Northern
Pacific made arrangements to have its floating debt carried
for another year and the Louisville & Nashville dividend was
announced as 2 percent cash, while those railroads profiting by
Kansas business were helped by the wheat crop in that State,
which was admitted to be very large. In Congress free coin­
age was practically defeated in the House, and the Anti­
option Bill, which had depressed both grain and cotton busi­
ness at the Exchanges, was regarded as killed for this ses­
sion, since the adjournment was so near at hand. These in­
fluences had a healthy effect on stocks and bonds and led to a
stronger and more active movemtnt late in the month, in
which the industrial stocks—Sugar, Lead, Cotton Oil and
others—were quite prominent.
Among the events of importance were the default on Rich­
mond & Danville and other bonds July 1; the passage of the
Free-Coinoge Bill in the Senate on the 1st; the Carnegie Mill
riots at Homestead, near Pittsburg, and the fight with Pinker­
ton's men; the declaration that the Atchison second mortgage
plan was effective; the appointment of a receiver for the
Florida Construction Co.; the offering of $2,400,000 new
stock by the Louisville New Albany & Cine. RR.; theappointment of a receiver for the Memphis & Charleston Railroad,
also for the New England Terminal Co.; the extension of the
St. Louis & Iron Mountain first mortgage bonds at 5 per cent;
the Western Ttaffic Association adjournment, owing to de­
mand of C. B. & Q. for a change of rules; the defeat of free
coinage in the House; the appointment of H. M. Comer as
permanent receiver of Central Georgia; the announcement
that the Northern Pacific floating debt bad been extended for
a year; appointment of receivers for the Jacksonville Tampa
& Key West road, and also for tbe Macon & Northern; the
organization of the Hecker-Jones-Jewell Milling Company in
New York with a capital of $3,000,000 8 per cent preferred
stock, $2,000,000 common stock and $2,500,000 6 per cent
bonds.
A u g u s t . —Money was easy during this m onth ; exports of
gold continued ; the industrial stocks were active ; two im ­
portant decisions were given in iailroad cases, that of Judge
McCormick in Texas against the unreasonable reduction of
rates by State Commissioners, and that of Chancellor McGill
of New Jersey annulling the Jersey Central lease to Reading ;
money on call ruled at 1(3234 Per cent till just near the close,
when rates rose to 8% per cent, and the next day (September
1) to 6 per cen t; prime commercial paper sold at 3J4@ 4 per
cent eat ly in the month and toward the close at icco % par
c e n t; the surplus reserve of the city banks was $18,798,425 on
the 6th, $15,774,450 on the 13th, $12,378,875 on the 20tli and
§9,887.875 on the 27th.
Foreign exchange was firm in the early part of the month
but easier towards tbe close, with the offering of some bills
against future shipments of grain and cotton; but the bills
against actual shipments were not large. The rates for ster­
ling bills ranged from 4 87,4 88 and 4 88J4 in the early part to
4 8634(3 Jit, 4 8
7
and 4 87%@8 respectively for 60-day
bills, demand and cables toward the close. The Bank of England
rate remained at 2 per cent throughout. The H. S. trade sta­
tistics showed an excess of imports over exports amounting to
$12,357,000; net exports of gold of $5,717,000; net exports of
silver of SI,702,000. The price of Silver Bullion Certificates
opened ax 85)4, which was the highest in the month, went as
low as 8238 auc! closed at 83341
|» At the Stock Exchange there was some activity in Southern
States bonds, mainly in the low-priced is'sues. The Richmond
Terminal bonds did not decline much lower on the default in
payment of the interest on the 6s due August 1. Louisville
St. Louts & Texas 6s were active, selling up to par on reports
of an alliance with Louisville & Nashville. The General
Electric 5s so li fteely up to 105% , and the Southwestern rail­
road binds were stronger on the Texas railroad decisions. In
the stock market the industrials were leaders in activity and
strength. Western Ut ion went above par on the prospe’ot of
a stock dividend. The Chicago & Northwestern report was
good, and this helped tbe Omaha stocks on reports of a possi­
ble consolidation. Minneapolis & St. Louis stocks rose on the
better earnings and hopes of a termination of the receivership.
New York & New England declined to 30% before the buying

[VOL. LVI.

for control by Reading parties pushed it upward, and Colo­
rado Coal & Iron touched 3134 on reports that the consolida­
tion might fail and then soon jumped upward to 3 0 % . The
Gould Southwestern stocks advanced on the strength of the
Texas railroad decision, but Reading did not fait off greatly
on the Chancellor’s decision in New Jersey annulling the
lease of the Central road.
Among the principal events of August may be mentioned
the default on the Richmond Terminal 5s on the 1st; the
Houston East & West Texas Railroad was foreclosed Aug. 2;
the stockholders’ suit against the Lehigh Valley lease was de­
cided in Pennsylvania in favor of the validity of the lease;
the Illinois Central proposed to issue $5,000,000 new stock at
par to stockholders of September 20, raising the capital to
$50,000,000; the Atchison settled the suit of Kimball and
others, first preferred stockholders of the St. Louis & San
Francisco; the strike of the railroad switchmen in Buffalo be­
gan and militia were sent there; the miners’ outbreak in
Tennessee occurred; the Colorado Coal & Iron Company’s
agreement for consolidation with the Colorado Fuel Co. was
settled; the New England Terminal property cn Long Island
Sound was purchased by parties in the N. Y New Haven &
Hartford interest; Chancellor McGill in New Jersey rendered
his decision against the validity of the Jersey Central lease to
Port Reading; Judge McCormick of the U. S. Gout t in Texas
decided against the power of tbe State Railroad Commissioners
to fix rates below a reasonable limit.
S e p t e m b e r . —This month opened with the serious alarm
about cholera in the port of New York, and this kept up more
or less and affected business throughout; money on call ad­
vanced to 6 per ce n t; gold still wen t out in moderate amounts
till about the middle of the month; money on call rose
to 6 per cent early in the month, owing to continued
gold exports, the increased demand for money, lower
prices of stocks, etc., but it soon fell off to 5 pier cent as
a maximum, then to 4, and rose again to 6 towards the
close ; prime commercial paper was quoted at 434 to 6 per
cent. The surplus reserve of the city banks was $7,630,500 on
the 3d, $4,781,975 on the 10th, $4,879,575 on the 17th and
§5,051,075 on the 24th.
Foreign exchange was strong in the early part, but became
much easier as the month advanced and sterling bills closed
fully 134 points lower. At first, rates on actual business were
4 86J4@)7 for bankers’ 60 days sterling, 4 88(®8*4 for demand
and 4 8834<«?4 for cables, and at the close the rates were
respectively 4 85)4@34, 4 8634@M and 486%@7. The Bank of
England rate remained at 2 per cent. The United States
trade statistics showed an excess of $10,043,000 in imports of
merchandise over exports ; net gold exports of $2,323,000 ;
net silver exports of §1,190,000. The price of Silver Bullion
Certificates in New York was: Opening 88, highest 84, lowest
83 and closing 8 3 % .
Tbe movement in securities was checked considerably by
the apprehension about cholera here and in Europe. The
lower classes of bonds of Texas railroads were favorably influ­
enced by the decision of Judge McCormick. Atchison bonds
were steady with the practical completion of the 2d mort. plan
and the expected payment of the first coupon Oct. 1. North­
ern Pacific consol. 5s were depressed at one time to 71. South­
ern State bonds were active late in the month and there was a
sharp demand for the Atchison railroad issues at quickly ad­
vancing prices. Stocks were depressed from the start by the
alarm about cholera. The industrial stocks weakened, but
New England was exceptionally strong, probably on the b u y ­
ing by the Phila. & Reading parties. The St. Paul resumed divi­
dends on the common stock by declaring 2 per cent. The
bears were active in using the cholera excitement to depress
the market throughout the first half of the month. Northern
Pacific pref. became weak on inside selling and declined to
4734- Reading in a single week jumped up some 6 points to
5 8 % on the 23d, probably from inside purchases made in antic­
ipation of the Boston & Maine combination. Chicago Gas
was depressed to 77J4 on rumors from Chicago that a receiver
would be appointed, but immediately afterward large buying
commenced and the stock closed at 8 O34.
The cholera alarm in New York and the bad reports from
Hamburg were the most potent influences of tbe month in
the markets. The apprehension here reached its climax
about the loth with the arrival of the Bohemia from Ham­
burg reporting only 11 deaths on board against 22 and 33 on
the worst of the pest ships that had arrived earlier. After
this date the “ cholera scare,” so-called, soon lost its hold on
the public mind and on the markets. The Central Railroad
of New Jersey, pursuant to the Chancellor’s decision, was
turned over by the lessee to its own managers ; new railroad
rates were made in Texas, but the cotton crop was so short as
to reduce the freights very materially; the Grand Rapids &
Indiana Railroad (belonging to the Pennsylvania system)
defaulted on its 5 percent general mortgage bonds; the Louis­
ville St. Louis & Texas Railroad announced the proposed issue
of a $5,000,000 consolidated mortgage ; the Charleston Cin. &
Chic, amende! plan of reorganization was issued ; the Evans­
ville & Terre Haute declared a 5 per cent cash dividend, and
it was vd ed to double the stock by issuing $3,000,000 new
stock (as reported at the time for distribution to stockholders,
though this was afterwards stopped); the Ilousatonic was to
be leased to the New York New Haven & Hartford ; the
Tennessee Coal & Iron proposed to absorb the Aldrich proper­
ties and issue $3,000,000 new stock ; the Western Dnion Tele­
graph directors voted to issue about $18,800,000 new stock,
raising the capital to §100,000,000; the Norfolk & Western

J anuary 7, 1SI3.J

THE CHRONICLE.

19

completed its Ohio extension on the 22d; the Hollins syn li- ports amounting to $24,502,000: net imports of gold, $1,439,000;
cate took up the Central Georgia loan of about $3,700,003 net exports of silver, $3,113,030. The range of Silver 14uili .ii
from Speyer & Co.
Certificates in New York wan: Opening 83%, highest 86%,
O ctober . —In this month occurred the Columbian celebra­ lowest 84% and closing 86.
In the firi-t part of the month, just before the general ele •
tions in New York and Chicago and the keeping of holidays
on the 12th and 21st. Money on call ruled much higher and tions. securities were dull and the fa c ia l stocks took most of
the rates on stock collaterals were 4@ 10 per cent in the first the active business. Chicago Gas and the Distilling & Cattle
half and afterward 4 a/i and 8 per c e n t; prime commercial Feeding were active throughout and recorded large sab paper sold at 4% to 6% per cent. The surplus reserve of the during this month. The Green Bay & Winona trust receipt <
city banks was $4,392,400 on the 1st, $1,936,575 on the 8th, and Toledo Ann Arbor & North Michigan stock were both
$539,050 on the loth, $2,332,425 on the 22d and $3,893,675 on active and higher on the prospective benefits of their alliance
the 29cb. Foreign exchange ruled decidedly lower this American Cotton Oil was favorablv affected by the annuo 1
month, on a better supply of commercial bills. The actual report. Toe new industrial stock, U. S. Rubber Co., came ou
rates for bankers’ 60-days sterling bills were 4 85%@% early the “ unlisted” Nov. 18, and sold from 39 up to 43%. Texas
in the month and 4 82V® 4 83 towards the close, when de­ & Pacific 1st 5s fell off slightly on rumors that the December
mand bills were 4 85% ® f 86 and cables 4 86%®%. The Bank coupon might be passed, but recovered partly when it was
of England rate had been at 2 per cent since the 28th of April, advertised for payment. The Reading preferred income
but on October 20th it was advanced to 3 per cent. The bonds declined 2@3 points on reports that the February in­
United States trade figures showed an excess of $8,742,000 in terest might not be paid in cash, and also on the continued
the exports of merchandise over imports; net imports of law suits and investigations against the company. Western
$2,634,000 gold; net exports of $12,000 silver. Silver Bullion Union Telegraph, after the 10 per cent stock dividend had le-en
Certificates in New York opened at 83%, sold’as high as 87% paid, sold first about 90 and then fell off. New York & Ne .v
England declined to 39% on the last day of the month.
and as low as 83%, and closed at 85%.
Among the principal events of this month came the Presi­
Southern States bonds were quite active still for the lowpriced issues at higher figures, apparently on the hope that dential election on the 8th a n l the conclusive Democratic
some recognition of the old dishonored bonds might be victory ; a consolidation of the National Lead and the
obtained from the incoming legislatures. There was no National Linseed Oil Company wa3 proposed ; the Terre
feature of general interest in the railroad bond market, and Haute & Peoria Railroad was leased to the Terre Haute &
the principal business was done in particular issues, which Indianapolis ; a committes of Richmond & Danville tin lerwere made active at one time and another by special causes lying bondholders was formed in Baltimore; the We atern
bearing upon them. In the stock market a large proportion Union directors on the 10th declared the stock dividend of 10
of the transactions was in the industrial stocks, and in New percent: lh» Chicago St. Paul & Kansas City and Ch icago
England, Reading, Western Union and Northern Pacific pref. Great Western modified plan of reorganization was issued:
The General Electric was strong on the decision of the U. S the General Electric Company issued $6,000,000 more bunds :
Circuit Court of Appeals in New York affirming the incan­ the Toledo St. Louis & Kansas City prof, stockholders voted
descent lamp deci-ion in its favor. Chicago Gas was advanced against the issue of a consolidated mortgage ; the Kansas
very sharply from the low price to which it had been de­ City Wyandotte & Northwestern minority interest sold to
pressed, and the buying wa9 on reports of increased dividends Jav Gould; the International Monetary Conference for in­
and better prospects. The Distilling & Cattle Feeding also creasing the use of silver met in Brusaels late in the month
became one of the most active specialties, on the talk of large the Macon & Atlantic Railroad was sold in foreclosure on the
ects for earnings after absorbing a number of outside 30 tb.
eries. New England remained one of the mysteries of the
D ecember.—In this month the g o ll exports attracted
market as to its alliance with Reading until the announcement much attention, being accentuated by the failure of the Mone­
was made that parties interested in Philadelphia & Reading tary Conference at Brussels to arrive at any conclusion on the
had purchased a large interest in Boston & Maine stock an 1 a silver question. Money on call rose to 25 per cent per annum
controlling interest in New York & New England. The in the week ending with the 17th, and on Monday the 19th
Northern Pacific annual report was issued for the year ending exceptional loans were made as high as 40 per cent, but rates
June 30, but the preferred stock was often weak and touched afterward relaxed and late in the month few loans were made
49% as tlie lowest price.
above 6 per cent. Prime commercial paper was quoted at
Among the leading events of the month, the Speyer loan to 5® 7 per cent and towards the close at 6 per cent. The sur­
Central Georgia was taken over by the Hollins syndicate ; the plus reserve of the city banks stood at $6,493,750 on December
Columbus & Hocking Valley Railroad suit, involving over 3d, $5,509,800 on the 10th, $5,445,225 on the 17th, $6,176,573 on
$8,000,000, was decided in favor of Judge Burke and against the 24th and $6,839,550 on the 31st. Foreign exchange ruled
the plaintiff Belden ; the John Good Cordage & Mfg. Co. was very high iD consequence of the small amount of commercial
incorporated in New Jersey with $7,000,003 capital; at the bills making against cotton shipments, coupled with the
Richmoud Terminal meeting Geo. F. Stoffe, Wm. E. Strong usual demand for remittances on the approach of the new
and J. C. Maben were appointed a .committee on reorganiza­ year, but when money became very tight some sterling
tion ; the Terre Haute & Peoria road was leased to the Terre loan bills were offered by bankers, easing the market.
Haute & Indianapolis (Penna. system ); the Toledo & Ohio There was but little foreign demand for our securities,
Central bought the Toledo Columbus & Cinn.; the Columbus and as a consequence gold shipments from New York in De­
celebration occurred in New York on the 12th and the Man­ cember amounted to about $11,000,000 and might have been
hattan El. roads carried that day 1.075,537 passengers against larger except for tight money. Rates on actual business at the
867,000 in one day of the Centennial celebration in 1839 ; the close were 4 85%®% for bankers 60 days sterling, 4 87%'®%
American Type Founders Company was organized witn for demand and 4 87%@4 88 for cables. The Bank of England
capital of $9,000,000 : Illinois Central voted $5,000,000 new rate remained at 3 per cent. The foreign trade statistics for the
stock : the Western Traffic Association, after the withdrawal whole country will not be issued for several weeks yet and the
of the C. B. & Q.,was virtually dissolved and adjourned gold exports at New York are given above from the Custom
October 11 sin e d i e ; the Colorado Coal & Iron consolidation House figures at that port only. Silver Bullion Certificates
with Colorado Fuel was voted ; the increase of $3,000,000, opened at 85%, sold at 86% and 82,%, and closed at 83%.
doubling the stock of the Evansville & Terre Haute Railroad,
The Stock Exchange markets Received without perturba­
was ratified ; the sale of Louisville N. O. & Texas to Illinois tion the news of Mr. Jay Gould’s death on December 2. His
Central was completed ; the Northern pacific preferred stock­ stocks were well supported at the time, and two of them-r
holders voted not to sell the $8,347,000 5 per cent bonds due Wes ern Union Telegraph and Manhattan Elevated—made a
them below 90; the U. S. Rubber Co. stock was made sharp advance within a short time afterward. The Phila. &
$50,000,000 and the Mechanical Rubber Co. was formed with Reading preferred income bonds fluctuated at times during
stock of $ 5,000,000 ; the Ohio Falls Car Co. stock was offered ; the month, according to the varying reports from Philadel­
Friday the 21st was a Columbus holiday and celebrated in phia iu regard to the payment of the 5 per cent interest due
Chicago ; the Reading and Boston & Maine and N. Y. & New in February, and the bonds and stock both became stronger
England deal was announced on the 26tb, as mentioned above after it was announced on the 27th that an arrangement
in stocks ; the Western Union Telegraph stockholders voted had been made with the Finance Company of Philadelphia to
the proposed increase in capital to $100,000,000.
manage all the P. & R. coal distribution and ad vane ? money
N o v e m b e r .—The general election took place on the 8th of on coal in yards. The Northern Pacific preferred stock and
this month and Mr. Cleveland was chosen President by a large consolidated 5 per cents were veiy weak late in the month on
majority. Money ruled at firm rates but was never stringent; large sales reported to be f r the account of parties forced to
business at th >Stock Exchange was dull but cotton specula­ liquidate ; the stock touched 44% and the bonds 66%. On
tion was rampant. The rates for money on call ranged from the 19th rates for call money went as high as 40 per ceut and
4 to 8 per cent, with the bulk of business done at 5 a 6 per cent this demoralized some of the industrial stock--, causing a
Prime commercial paper ot 60 days to four momhs sold at 5 a) Sharp break in Di-tilling & Cattle I ceding and Chicago Gas,
6 per cent. The surplus reserve of the city banks was $2,678,- with a smaller decline in others, until the whole market be­
525 on the 5th, $2,678,900 on the 12th, $4,560,925 on the 19th came stead Ur as rah s for money relaxed. ' Tiic Manhattan
and $6,726,350 on the 26th. Foreign excnange was easy in the Elevated stock was oae of the stronger; throughout and ad­
first half of the month but afterward became much firmer, vanced to 153% on the Sikh alt r it wa ■>known that the bids for
with a better demand for bills, partly on account of maturing a rapid transit underground road had practically t ailed. West­
loans of steiling. The supply of commerciil bills was ern Union Telegraph was anothe r Gould stock that advanced
meagre for this period of the year, and a sm ill amount of largely, closing at 95% ex-dividend of 1% pet cent. Rock
gold was shipped from New York la’.e in the month. The Island was about the strongest of the Western railroad stocks.
Among the leading events of the month affecting financial
actual rates for sterling bills were as low as 4 83%, 4 86% and
4 87 early in the month and towards the close were 4 8D%@% interests may be mentioned tho gold exports and stringent
for 60 days, 4 87%®8 for demand and 4 88®8% for cables, ih e rates for money that prevailed for a time: Mr. Jay Gould
Bank of England rate remained at 3 per cent. The U. 8. trade died on the 2d; the proposal of Mr. de Rothschild in the
figures showed an excess of exports of merchandise over im­ Silver Conference at Brussels that all other nation-5 purchase

S

THE CHRONICLE,

"20

about $35,000,000 in silver per year for five years and that the
United States agree to continue its purchases of about $50,000,000 per year was received here with much disfavor; a new
steamship line was organized in England to run between
Liverpool and Newport News in connection with the Chesa­
peake & Ohio Railroad; a decree of foreclosure was granted
for the East & West Alabama Railroad ; the Savannah Americus & Montgomery road went into receiver’s h a n d s a con­
solidation was proposed between National Lead and the Na­
tional LirseedOil companies ; the National Cordage Company
proposed an increase in the capital stock from $10,000,000 to
$20,000,000; the New York & New England advertised a
n ightly Pullman train to Boston over the New York &

[V ol. LVI.

Northern road; the New York New Haven & Hart­
ford voted to lease the Connecticut River road,
but control of the stock was bought in Boston & Maine inter­
est and the lease defeated; the Manhattan Elevated appointed
a committee, with J. Pierpont Morgan as Chairman, to con­
sider the matter of further facilities and extensions; N. Y.
N. H. & Hartford proposed to issue $L5,000,000 of 4 per cent de­
benture certificates in 1893; the Oregon Pacific road was ad­
vertised for sale again in foreclosure; the Silversmiths’ Com­
pany was organized with $14,000,000 capital; the San Antonio
& Aransas Pass modified plan of reorganization was issued,
the new bonds to be guaranteed by Southern Pacific
Company.

RANGE OF PRICES OF RAILROAD AND MISCELLANEOUS SECURITIES FOR TH E YEAR 1893.
[C o m p iled fro m S a le s a t th e N e w Y o rk Stoolr E x c h a n g e .]

The tables below give the highest and lowest monthly prices of railroad and miscellaneous bonds and stocks
sold at the New York Stock Exchange during the year 1893. The prices are compiled from actual sales made
a t the Board, and in the case of stocks the sales of round lots of 100 shares and upwards only are taken as a
standard, except in case of those few stocks which are sold mainly in small lots, and for which no price would be
obtained unless such sales of small lots were taken.
RAILROAD AND MISCELLANEOUS BONDS IN 1892.
J anuary

A PR IL .

July.

Au g u st.

BO N D S.

Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low.High
I - 90
89 - 6
88%- 89%
89*6- 89*6 88 * 6- 88*6
1 - 90*6
A l a . .H id ,—1 s t , 1 9 2 8 .6
> - 89*6
111%-113% (110*6-112 112 - 112 %
A m . C o t. O il C o .—1 s t ..8 107%-111% 109%-109% 108%-109% 109%-112 109%-111% 111 -113*6 112%-113 111%-113
71%.- 72% 71%- 72% 72 - 73% 71%- 72% 69 - 71
67 - 67*6 68 - 69}
68%- 70*6 70*6- 72*6 69%- 71
A t l a n t i c ^ : P a c if ic —1 s t.4 72%- 71
10% - 12*6 11 - 12*6 10 * 6 - 11
10 - 11 % 11 - H % 11 % - 11*6 11*6- 13% 10% - 12 %
In c o m e ................................6 i3M -1 4% 12 - 13% 12 - 12 % 11 - 12
A t c l i . T o p . <fc S . F e .
83 - 85
82%- 84
81%- 83^ 82%- 83
83%- 85% 82%- 83% 83 - 83% 82*6- 83*6 83%- 84
•C*e«. m o r t ., 1 9 8 9 ........4 *83%- 84
83%- 84% 83%- 84
81%- 84
83-83
83%- 84
83-84
83%- 83%
R e g i s t e r e d ........
81*6- 81*6 83 - 84
53 - 58% 56*6- 59% 58 - 60*6 59%- 61*6 55%- 58% 58%- 59
53%- (
Sue© ro e, 1 9 8 9 ................5 62%- 6 6 % 58%- 63% 58%- 62
57%- 58% 53%- 56%
57 - 57*6
R e g i s t e r e d .......
56%- 56%
'T r u s t r e c e i p t s
56 - 58*6 ♦57% • 58% 58 - 58
58 - 58
«C$a«* “ A ” 1 9 8 9 , 2 *6-4
55 - 58
52%- 56
C l m s ^ t r * 1 9 8 9 ..........4
03*6- 63% 58 %- 58%
B a l t i m o r e & O h io —
1 s t, P n r k e r s b ’g B r . .6 117%-117%
117%-117%
118 -118
119%-119%
108%-108% 110%-m 109 -112 111 % - 111 % 112*6-113
4 « o ld , 1 9 2 5 , c o u p .......5 108 -108%
111 - 111% 111%-112 110% -112 111%-112%
R e g i s t e r e d ................... 107*6-107%
109 -109% 107 -110
109 -109
110 -110
A Io n s o L , g o ld , 1 9 8 8 ..5
115%-115% 115*6-115*6
113 -113
- ----Ill4%-115
112* 6- 112*6
i k . & ( l i i c . J u n e .......5
105 -105
105 -105
W . Y n . tSc P i f t s . , 1 s t . 5
102 -102
B . & O . S V V . - l s t . 1 9 9 0 102% - 102%
103%-104% 104 -105% 105*6-107
107%-108
M o n . R i v e r , 1 s t , g u ..5
103 -103
B e e c h C r e e k .—1 s t , g ..4 92%- 98% 98%-100 100%-101% 99*6-101% 100 - 101*6 101*6-103
103%-103%
R e g i s t e r e d ..................... 4
95 - 95 100 -100 100 -100 100 - 100*6 101% - 101%
M o s t. i l . T . & W e s . d e b -5 100%-102
99%-100*6 99%-100 100 -100
, 1 0 0 -100
102* 6- 102*6 102 - 102*6
f B o s t U n . O a s T r . c lf ..5 92%- 92% 90%- 90%
91*6- 91*6 92%- 92%
(B u ff. K o c h . & P i t t s b . —
< 5 e u e ra l — ................... 5 95 - 08
97 -100 100 -101 101 -102 101*6-103 101 * 6- 102 * 101 -102*6 100 -100
r 99% 99%- 99% 98%-100
C o n s o l .. 1 s t ................t> 114%-116 115%-116% 117 -117 116*6-117% 118 -120 *116%-117
-119 118 -118 120 -121
117 -118*6 119*6-119*6
B r o o k ly n E le v a te d
I s i , 1 9 2 4 ........................ a 111 - 112 % 112%-115 116 -118 114 -115 114 -116 110%-117% 118*6-119
120 - 120*6 116 -117 116%-118 117 -118
2 d i i i o r t ., 1 9 1 5 . . . 3 - 5 83%- 83% 90 - 90
90%- 91
96 - 96*6 96%- 96% 97 - 98
91 - 91*6 92 - 93
93%- 93% 9 4 - 9 4
94%- 94*6 96 - 96
OTJalon E l . - l s t , l 9 3 7 - 6 110 -111 111 -113 113 -114% 114 -115% *112 -113% 113%-115% 115 -116% 115%-116% 115*6-116 115%-117 114%-116 115 -116%
U a f l . C , R a p . & N o .—
1 st - . . - . , . ........................... 5 101%-103 102 -103 102*6-103 102*6-105 105 -106 102%-103*6 102%-105*6 104*6-105% 103 -104*6 104%-105% 104 105 101%-103
'C o n s o l. 1 s t <fc c o l . t r .5 95 - 95
95 - 95
95 - 95*6 97 - 97*6 94*6- 96*6 95%- 97% 05*6- 96% 96 - 96%
97% 95%- 96% 96%- 98
R e g is t e r e d ......
96 - 96
101
%
101
%
4 k R . I . F . d f c N . , l s t ........ 6
-101
1 s t , 1 9 2 1 .......................5
- 90
CQnnad-a S o u t h e r n —
1 s t , g u a r a n t e e d ............ ♦105%-107 107 -107*6 107 -108 107%-108% 107%-108*6 108%-110 106 -106*6 105*6-106% 105%-106% 105%-106% 105%-107 106%-107%
2 d m o r t g a g e ..................5 101 -103 102 -104% *100 - 102*6 100% - 101*6 101*6-102 102 -103 102*6-103% 103 -103% 101 -102 101 -10156 101 -101%101 - 102%
R e g is te r e d
101* 6- 101*6
101*6-101*6
dD ent. 0 - .,* ,e o r g .,l s t ..4 % ioi%-*pi%
103%-103%
C o l. <Sc € . M id .,^ 3 9 .4 %
92*6- 92*6
C e n t , R R . & B „ G a .. 5 80 - 80
85-85
81-85
81 - 81
‘C h a tty K . <fc C o l ......... 5 80 - 6 0 %
»
1
e t c o n ., g . 5 74%- 77% 75%- 85
71%- 79% 71 - 75
73 - 76
73 - 75
71 - 73
67%- 68
67%- 70*6 67 - 74
69*6- 72
C e o tc « « l K e w J e r s e y —
0o L *9?l» 1 .& 9 9 ...............7 115 -115% 116*6-117 117%-117*6 116 -116% 117 -117 119 -119 115%-116*6 117%-117%
115 -116 115 -116
♦ C o w ^ e o u b le, 1 9 0 2 . . . 7 120 -122
122*6-123*6 123%-123% 120 -121*6 •.
123%-123% 119 -119% 118%-119
120% - 120% 120* 6- 120*6
rC a w v ^ ^ e lb ^ l9 0 8 ........ 6 115 -115
116%-116%
M . , 1 9 8 7 ............. 5 *109%-111 U 0% -112% 112 -1 1 2 % 110 - 112 % 111%-112*6 113 -114 110 % -m 110% - 111%
111 -111% 110%-111% 110%-111%
i R e g i s t e r e f i. ............... 5 109%-110% 110%-111% 1 1 0 % -1 1 2 % 110 -110%110%-m |m % -m %
10956-H0 109% 110% 109 -110%
110 -111 111 - 111*6
W . B . —A s s e n t 7 109%-110 110*6-111*6 110 -110*6 110*6-112% 112 -113%'112*6-114 113 -114 112 -113%
112 -113 m % -ii3 108%-109%
M o r t g a g e , 1 9 1 2 — 5 94 - 96
97 - 983
i -101*6 100 -100
96 - 98% 100 -100 100 -100% 101%-102
100%-100%
D o c k J t I m p .........5 105%-107% 107%-108 106 -107% 106*6-107% 108 -108% 109*6-111
108*6-108*6 108%-109
uom yiojs 110%-110% 110 -111
C e s w a l <JPactfic—
*O e ld , 1 8 9 5 ........
6 105%-106%
106*6-107
107*6-108%
•109
105%-106 106 -106 106%-106% 108%-108% 107%-108
•G old, 1 8 9 6 ................... 6 196%-108 108%-108% 108%-108%
109%-110*6 109%-109*6 106%-106% 106%-107% 107 -107 108 -108 108 -108 108%-108%
< 5oId , 1 8 9 7 ................... -.6 109 -109 109%-109%
108^-109%
110%
-110*6
108 -108 108 -108% 108 -108* 108%-108% 109 -109% 109*6-109%
< « o Id , 1 8 9 8 ..................... 6 109%-110% 110%-110%111 - 111 % 111 - 111% 111%-112 112 -113
110 -110 109%-110 109 -110
111 - 111 %
8 a n J o a q u i n B r ........... 6 108%-108%
108%-108%
lE a n d g r a n t s ....................5 101 -101%101%-103 102%-103%
101%-102*6 102 %-102 %
101 -103% 102%-103%J 104%-104% 104%-104%
W e s t e r n P a c .................. 6 105 -106% 113 -113 110 -111
111%-111% 110%-110% 111 -111 109 -109 112 % - 112 %
108%-113
T N e .o f C a l ., 5 0 y e n r .. 5 '100%-10156 101 -101%101* 6- 102*6 100 - 100% 100 %-1 0 1 % 1 0 1 - 102 %
101 - 101*6 100* 6- 101% 100 -100% 98 - 98% 9d%- 97H 9556- 97%
C h e s a p e a k e «fc O h io
8*. tn m i. fu n d .................. 6 109*6-110 109*6-109*6 110*6-111
111*4-112*6 113 -113 112%-112% 109*6-109*6 109 -109
110 -112% 109% -m
f S e r i e s A , g o ld , 1 9 0 8 - 6
119 -119 116 -117 116%-117*6
117 -117
116 -116
M o r t ., 1 9 1 1 ....................6 115*6-118 118 -119
114*6 116 116 -116*6 ‘116*6-117*6 117%-117% 117%-117% 118%-118% 115%-117 L16 -116 115%-117
1 s t , c o n ., g ., 1 9 3 9 . . . . 5 103*6-106 104 -105 104 -105 104%-107 104 -104% 104 -104% 104 -104*6 103%-104% 103%-104%
104%-105 102 -102% 101 - 102 %
R e g i s t e r e d .....................
101 * 6- 101*6
♦103 -103*6 103 -104% 103 -103 103 -103 103%-103%
103 -104 101%-102
t J e n e r n l , 1 9 9 2 ......... 4%
82%- 84% 81%- 83% 81%- 84% 83%- 84% 79%- 81% 78M- 79% 78 - 80
79%- 81
R . & A . d i v . . l s t c o n 2 - 4 76 - 78
76%- 78
76*6- 77% 76%- 78% 7 8 - 7 9
78*6- 79% 80 - 81
78 - 80% 70 - 79% 78%- 31
78*6- 80
79 - 80%
1 s t , c o n s o l., 1 9 8 9 . .4
84 - 84% 83 - 83*6
82 - 82
82%- 83
83 - 84% 84%- 84%
2 d « o n s o l ., 1 9 8 9 — 4 75*6- 79
77*6- 79
79*6
79-79

_

78%- 80% 78 - 78*6 78%- 79% 78%- 80

' £x-int< r< et.

77 - 78% 79 - 79% 79 - 80

THE CHRONICLE.

J anuary 7, 1893.]

1892
AN CARY 'KBR'RY.
BO N D S.

MAUCH.

C o n tin u e d .
MAY.

Ap r il .

| J

aOW. High

AOw.HIgh AOw.HIgb AOw.High lAow.lligb

C k c e . O. & 8 . W ............«
ii«l m o i l . . 1 9 1 1 ............ 6
C h ic a g o dk A lto n —1 Nt..?
S i n k i n g In m l, 1 9 0 3 6
E . & M o . R . l s t , 1 9 0 0 . -r

07 -107
77 - 77
02%~103%
ia *-u o *
19%-U9%

04%-104%
105 -105
74 - 74
... - ....
0336-103% 0356-10354
... - ......... . . . - . . . .
15%-H5% 1 0 * - U 6 *

S t .X ..J .« f c C l i . l 8 t . ’ 9 4 7
M is s . I t . K de. 1 s t ...6
C h i c . B u r .d k N o r .—1 s t . 5

... - . . . .
06 -106
06 -106
06 -106
03%-103% 05 -105

02 -105%
70 - 72
03% 104
20%-120%
16%-117
... - ....
07%-107% . . . - . . . .
07 -107
... - ....
05 -105% ,. - . . .

05%-106%
7 1 -7 1
04 -104%
1 7 * -1 1 7 *
. . . “ ..
12 -112
05%-105%
... - ....
04%-105

93%- 94
94 - 94% 94 - 95
... - .... 9 1 * - 9 1 * 9 1 * - 9 1 *

N c b r’s k a E x t .,1 9 2 7 .4

89 - 91% 8 8 * - 8 9 *
_
_
112%-114 114%-115 L14%-115%
... - . . .
122 -122% L22 -122
97 - 99
99 -10234 loi* - io 2 *
8 8 -9 1
89 - 90%
*86 - 88
97 - 98
96 - 97% 97 -102

C h ic . & E . 111.- 1 s t , s .f.O
1 s t c o n s o l., g o ld ...........6
G e n . n i o r t ., 1 9 3 7 — 5
C liic . G a s E . & C - l s t . , 5
C h io .& ln .C ’ I R y - l s t . S
C h ic . M ilw . & S t . P . 1 s t , P . D ., 1 8 9 8 ......... 8
2 d , P . D ., 1 S 9 S .......7 * 3
1 s t ,g o !d , R . D , 1 9 0 2 . 7
1 s t L a C ro sse D iv ....7
1 s t I . & M . D i v ............ 7
1 s t I . dk D . D i v ............ 7
1 «r C . A-, M . D iv ..........7
C o n s o l 1 9 0 5 .............. 7

_

121 -122
124%-125
124%-124%
118 -121
L19%-120%

118 -119%
121%-122%
125 -126%
120 -123
122 -123

_

123 -123
125%-126

128 -128%
126%-126%
*112%-1336 113 -114%
103%-104
1 s t L a C . & D a v ..........5
1 s t S o . M in n . D i v ....... 0 113%-114% L15 -116
1 s t H . dk D . D iv ...........7 122 -123 121 -125%

_

C h i c . dk P a c . W .D i v ..5
C h i c . dk M o . R . D i v . . 5
M in e r a l P o in t D i v ...5
C h i c . «fc L . S u p . D i v . 5
W is .d k M in . D i v ........5
T e r m i n a l ......................... 5

106 -106%
ioo% -ioi%
102 -102%
... - ___
103 -104%
103 -104%

D a k o t a & G t. S o . ...5
G e n . M . , “ A” 1 9 8 9 . .4
C h i c . dk N o r i h w e s t ’ n C o n s o l., 1 9 1 5 ..............7
G o ld , c o u p ., 1 9 0 3 . . ..7
G o ld , r e e . , 1 9 0 3 .........7

L06%-107%
101%-102%
101%-102%
- ...
104%-105%
104 -105

u ly.

I AUOUST. |aEI’T'IIKU. ] ICTOREU.

07 -107
7 1 -7 1
01%-10154
18 -118
... - ....

... -

0336-105

101 -106 . .. - . . . . 106 -lOrtU
... - . . . . .
70 - 72 '
01M-102 101%-102
02 -102%1 J2%-103 11 KfU 10a u
19 -119
. . . - . . . . 19%-li9%| .. . - ----1 1 7 * - U 7 *
. . . - . . . . . . . - . . . . 17 -117 l 1 (^ -U 0 H | 1 1 7 *-U 7 *

LOO -100% 10C%-106% 00%-107
. . . - . . . . 103 -1 0 3 * ,
. . . - ......... . . . - . . . . 01 -101
Ol%-101%
05 -105
06% -100% 01 -105 . . . . - . . . . 0 3 * 1 0 4

L0o -105% LOG -105

L25 -126
L03%-104
102%-103%
107 -108

I21%-123
105%-10534
102 -10236
1 0 7 * -1 0 9 *

L22 -12254
104%-104%
L02%-103
LOO -110

88%- 89
_
115%-115%
122 -122
100 -10136
89 - 92%
100 -101%
_

118%-120 120 -12036 120 -122
L23%-123% 124 -125% 125 -125
127 -128%' 127%-127% 1 2 7 * -1 2 9 *
122 -123% 122 -122% 122 -125%
123 -123% 123 -124 12-4 -124
124%-125 124 -124% 126 -126
128%-128%
127 -12854 127 -128 12834-131 13054-132%
_
L27 -128 128 -130 130 -131
_
114%-115 1141^-116% 116 -116%
104 -104 104 -104 104 -104 . . . . - . . . .
11654-117%’117 -117% ,117 -117% 117%-118
126%-126% 126 -127%T2?%-127% 129%-129%
_
105%-106

12154-122
125%-125%
126 -128
121 -122
123 -124
_

117 -118%
_
126%-128
122 -123%
123%-125%

12754-130

12854-130
_
114%-115%

110%-111
10454-106
... - ....
- .. .
107%-108
107%-108%

108%-10956
103 -103%
102 -102
102%-10256
105%-106%
105%-108
114 -115%

_

89%- 90

_

.20 -123%
127 -128
L22%-124
122%-123%
L23 -12454

106%-108%
101%-102%
101%-10354
___ - ___
105 -106
10554-106
116 -116

108 -10854,110 -111
10254-10354 104 -104%
_ - _ 102 -102%
103%-103% 105 -105
10554-107 107%-108
106%-107% 107 -10754
116 -116

L22 -123
10454-10434
L0154-102%
LOO -100%

V

-1 2 3 * 1
0 2 *-1 0 2 *
L02%-103%
L05 -108

_

_

_

87 - 88% 8 8 * - 89
11636-117
122 -122
100 -102
90%- 90%
10136-102

1 1 6 *-1 1 5 «
119 -119
101%-103
8954- 91
101*103*

139 -13954
*12354-126
L23 -124
116% 116%
10936-111

140 -140
123%-124%
123%-124%
116 -118
S i n k i n g iu n d , co u p .. .5 108 -109

137 -138
124 -125
.... - ....
117%-117%
10854-109%

D e b e n t u r e , 1 9 3 3 ....... 5 105^ 107

106 -107% 10554-105% 105 -10754 10536-106% 107 -108
105 -105
L05%-105%
104%-106 106 -107 106 -10654 103%-10454 104%-105

2 5 y r s , d e b e n ., 1 9 0 9 . 5 104%-105

139%-140%
126%-127%
*123%-127
.
*05%-109%

_

_
_

3 0 - y e a r d e b ., 1 9 2 1 . . 5 105%-105% 10554-107
E x t e n . b o u d s, 1 9 2 6 . . 4 96 -100% 97%-100

C h ic.d k M i l .—1 s t .........7 110M-115
W i n o n a & S t . P . —2 d .7
M i l . dk M a d .—1 s t . . . . 6

139 -142
126 -127
126 -12654
116%-116%
1 0 7 * -1 0 7 *

115 -115

107 -107%
97%- 98
973*6- 09

116 -116

__ _ .

...

- ....
99 -100

104 -104
9 9 -9 9

123 -123 125 -125
13136-131%
11636-116% 117 -117
127 -127
117 -117

8 4 * - 8 0 * »4 - 86%
L15 -116
L20%-120%
99%-l0056 98 %-100%
90 - 93% 02 - 91%
103%-103%
LOO -100

1 1 7 * -1 1 8 * 118 -118 120 -120
123%-123% 123%-124%
128%-128%'l27%-127%
12156-123% 122%-123%
122 -122 124 -124 1 2 3 * 1 2 4 *
_
124 -12 4
120% 126%
127%-128 127 -128% 128%-131
129 -129

113%-114
104%-104% 105 -105 102%-105
10254-10254
115 -11054 117 -118 11594-117% 116 -117 117 -118
127 -127 12636-127% ... - ... 12636-127% 126%-127

_

109%-110561108%-110
103 -105 102%-103%
102 -103
.... .... - ....
107 -107% 107 -107
108%-10834 107 -108

_

100%-100% 100 -102% 101 -102% 104 -105 105 -105% 105%-105% 104 -104% 10454-105 104 -104
88%- 89
* 8 8 * - 87 * 8654- 89
89 - 893-6 90 - 91% 9 1 * - 9 2 * 90%- 90% 9 0 * - 0 1 * 91 - 91
137%-13854
125 -126%
125 -125%
120 -120
109%-109%

23%-124 i 23U-123U
0 3 * -1 0 3 *l 103W-103*
00 -101% j 01 -102%
06 -107% 05 -10656

9454- 9154 9 1 * - 9 6 * o s * - a m 9G«- 9 6 * 9556- eo
9 4 * - 9 6 * 04% 94%
9 1 * - 9 1 * 9456- 94% 92% - 0354 a m - < m 93 - 93% . . . ~ .... 93 - 93%

8854- 89% 88 - 88%
_
_
L17%-118% 11436-115% U5%-115%
L21 -12154 12154-12154 123%-123%
L0l%-102 101 -10154 100 -101
90%- 94
92 - 9454 91%- 92
100%-103% 10254-103 100%-10136
_
_
99%- 99%

89 - 91

_

J

J 0554-107
71*- 71*
0454-105
... - ....
... - ....

93 - 93
93%- 95
94 - 94% 93%- 94
8954- 91%
_
117 -117
12054-12054
101 -104
8 0*- 91*
102 -103
_

u ne.

lOw.Ulgb -iOW.HighjlaOW. LIIgh|l aOW. High l MW. High ! uw .Illgh I •Off.High

C h ic . B u r l . dk Q u in c y —
C o n s o l i d a t e d ................? 21%-122% 22%-123% .22%-123% 23%-124% 243-4-125%
03%-10S%
0454-10454 . . . - ...
S i n k , fu n d , 1 9 0 1 ....... 5 03%-104% 04% -l05
D e b e n t u r e , 1 9 1 3 ....... 5 01 -103% 02%-103% 03 -103% 03%-105% ►102 -103%
L10%-112
0
7
%
-lll
L10
-111
L12%-114
C o n v e r tib le , 1 9 0 3 . . 5
10%-111%
I o w a D i v . , 1 9 1 9 .........4
D e n v e r D i v . , 1 9 2 2 .4

21

97%- 9854 97 - 99% 96 - 98% 98%-101
97 - 98
95 - 95

C h i c . R . I . dk P a c i f i c —
C o u p o n ..............................h 121 -123
R e g i s t e r e d .................... h i s o « - i 2i
E x t e n . dk C o l .................5 *0 1 *-1 0 2 *
R e g i s t e r e d .................. 5
D e b e n t u r e , 1 9 2 1 .... 5 95 - 9 6 *
K e o k ’ k d k D e s M .—1 s t,3
1 st.,

122%-124
121%-122
102%-103
102 -102
9 6 *- 98*
96%-101

n.•/ ppp*

19 0 3 ............ "2U

C h i c . S t .L .d k P i t t s —1 s t.5
C h ic . S t . P . M in .d k O in .C o n s o l., 1 9 3 0 .............. 1
C h i c .S t .P .d k M .—1 s t . .<
S t . P . d k S . C ity —1 s t . .1
C h i c , dk W e s t . I n d . —
G e n . m o r t ., 1 9 3 2 .....(

105 -105

123%-125%
123 -123%
10154- 102%
102%-102%
95%- 96
100 -100%
75 - 77

105%-105%

9954-101
98%- 99

122 -123

130%-131

105 -105
iio * -u a *
120 -126%

_

106 -1 0 7 * 1 0 5 * -1 0 7 * 108*-107M
108 -108 108 -108 ioe%-io754

_

106 -106 107 -107
___ - . .. 92 - 92

1 0 5 * -1 0 6 *
91 - 92

139%-139% 138 -138% 138 -138 138%-140
126 -126 125 -126% 126%-127 12554-127
. . . . - . . . . .... - . . . . 125%-125% .. - ...
_
_
114%-115
120 -120
110 -111 110%-111
107 -108
_
107 -107
108%-108%
108 -108 109 -109 108 -108
_
_
_
108 -109
10634-106% 105%-106% 105 -105% 105%-106%
_
_
_
-i
105%-105% 106 -106 10656-106% 105 -105
98 -100
96%-100
96%- 98
9 6 * - 97
_
98 - 98
124 -124
12756-127%

130 - 1 3 8 * 1 3 7 -139
126 -126% *121-122%
1 2 5 * -1 2 5 * 120 -1 2 2 *

....

-

_

....

_

107 -108

_

105%-105% 1 0 5 *-1 0 5 *
97*- 97* 9 7 - 9 7

_

113 -113

1 1 1 * 1 1 4 * 115 -115
128%-128%
'

115 -115

107 -107

105 -105

106%-106%

_

100%-101
99% - 99%

100 -100

_

_

99%- 99% 0 9 * - 9 9 * 9 9 - 9 0

_

125 -126%
124 -12454
102%-104
10136-103
9 6 * - 969*
97 - 97
78 - 78

1 2 5 *-1 2 6 * 126 -12653 1 2 3 *-1 2 3 * 124 -124%
123 -125% 122 -122 .... - ...
10356-104% 103 -1035, 100%-101% 10056-101% 98*-101
99%-100
... - ... 100 -100
102 -10354 . . . . - . . .
9 8 * - 96* 9536- 96% 9 5 * - 9 9 * 9554- 98
9454- 955*
99 - 99
9 9 -9 9
. .. ~ ... 100 -100 100 -100

106 -108

110 -110

_

_

123 -124
--- - ....
100% 101%
100 -100
9 S * r 00
98% - 9836
50

... - ... ..... - ...

109 -110

.... - ...

_
- 50

108 -109

_
108%-108%
105%-105%
103%-104% 103 -104

_ _ __

...

-

....

124 -125

1 2 4 * -1 2 5 *
125 -125
1 0 1 *-1 0 2 *
... - . . 0 9 * - 9 9 *
95*- 95* 9 5 - 9 6
1 0 0 * 100* 100 -100

10136-102

106 -108% 110%-110% 110 -11054

120*-121 120 -121
122 -122J-1 122%-123
122%-123 :123 -124

120%-121% 122 -123% 124 -1243- 120%-122 12056 1213i 121 -12131Sjl21 -122 1 2 1 * 1 2 2 * ]122 -122% 119 -120%
- ... 1 2 0 * 120*
123%-124
,.. - ... 120 -122 .... - ... . 12136-12131 ... - ... 123%-1233{
123 -124
123%-124% 122 -123 *122 -1243 123 -123 125 -125 124 -124 124 -12-4 121 -122%

.... - ...

.... - ...

.... - ...
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C ln .I n .S t.lA .d k C .—1 s t . ^ 93

95%- 96

Jll6

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9 5 * - 95J.£ . 9 6 - 9 6

..f. - ...
95

-

116 -116

.
96

.... - •••

93 - 9836 9S - 99
9^ 4 - 9554 95 - 96>

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C l e v e . dk C a u t o u — 1 s t . 5
C l e v . C i n . C h . dk S t . a.--

88

-

S t.E .D iv ., 1 s t, 1 9 9 0 .4

....

-

1

12856-128%

1C0%-110 1 0 9 * - 1 1 0 * ! l 0 9 * - l l l
102%rl03% 10S*-104*| l03 -1 0 4 *
102%-103% 103 -101
-

10634-10654
C h ic . P e o r . dk S t . E . , g . 5

119 -120

90

a m - m

90

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933-6 88

- 90

90

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93

93

.

*Ex-Interest.

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- 9536| 91

9 4 -9 4
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_
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116 -117

116 -116

99 - 993 gj 98
94 - 94£6| 95

„ - ...
_
9 0 -9 0

- 99
- 95

. - ...
90 -- 92

.. - ...
9 2 -9 2
I - -

•

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116 -116
98
1 96

- 98%
- 96 j

lie

-117

95%- 97% 9 0 * - 9 7 *
95 - 95
9 4 -9 5 *

IOC 106 j_ - ... j05%-U»7
106%-106% . . . . . .
1 02 - 9 2 * 9 3 - 9 4 1 93 - 94

.... ” . .

92% - 92% 05
91 - 91%

- 95

THE CHRONICLE.

22

[VOL. L \ I,

18 9 2 — C o n S in u c d J
BO N D s*

une.

JU L Y .

AUGUST.

Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low.H igh

Oc t o b e r ,

x o v ’b e r .

D ec ’b e r .

Low.High Low.High Low.High

c . C . C . & S c . L . —(C'-n.)—
90%- 92% 92%- 92%
91H- 92
9034- 00%
91 - 91%
C in . W .
M . 1)1 v — 4
113 -115% 113%-113%
115%-llG 116% 117 116%-116% 116% 116%
U7%-117%
C . C . C .& I .- l s t ,s .f d ..7 | l l 5 % - l l d % 115%-117
112%-112%
C l o . & S p r . , g u a r . .7 . . . . - ...
.
.
.
.
.
.
.
.
133%-13!
.
.
.
.
.
..
132 -132% 131 -135%
C ouhoI .............................7 12S%-130
___ - ___ 120 -123 __ - . . . . 123 -123
■ . . . . 1 2 3 -123% 123 -123
-120 12P%-122% 122 - 122%
G e n e r a l c o n s — — ft 118%-120
99 -100 101 -102 101%-103 100 -103 102 -103% 103 103% 103%-101% 104 -105
100%-101%
100%-101%
- 101 %
C o l. C o n i & I . —1 s t ,c o n .6 jl0 3 -103%
• . . . . jlOG -106%
C o l. F u e l —B « .,e . 1 9 1 9 .f i •••
109 -109 !109%-110% 107 -107%
-112 108M-109H 108%-109 109%-109%
C o lo r a d o W i d . - l s t , ff.fi 111 -111% 109%-111 110 -110 110%-110%
60
07
06
63 | 67 - 0’
61 - 61%
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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0
7
^
67H
- 70
70 - 71
70 - 70% 70 - 70%
C o n s o l., g < ld , 1 9 4 0 . . 4 72%- 71
97 - 97% 93 - 94% 91%- 93%: 91 - 92
90% - 92
96 - 98
9G%- 98
8 8 -9 3
C o l . l l . V a l.ifc T . —l 8 t . . . 5 8?% - 89% 89%- 92% 67%- 89
99% 100
9G%- 99% | 96 - 98% 93%- 97
96%-100 100%-105 *101 -102 100 -101% 100 -101
9 5 -9 0
96 - 97
G e n . c o ld , 1 0 0 4 .........fi 93 - 9 1
88% - 90
88 - 89
S9 - 92% 89%- 90
88%- 89% 89 - 90
80 - 89% S5%- 87% 8-1%- SS% 88 - 92$ I88% - 90
C o n H u m ,G a « (C h ic )lH t.5 82 - 85
101 -101
C o n s o l. C o a l —C o n v — fi
D e l. & H ud. C a n a l—
C o u p o n . 1 8 9 4 ................7 10S%-109% 110 -110% 110%-110% 107%-107% 107%-108 108%-108% 10SK-10S% 109 -109 103 -108% 105%-105% 106 -106% L06%-106%
....
. - _ _ j 106 -100
no7% -io% 107%-107%
108H-108H . . . . ~ . . . . . . . .
K e g ., 1 8 9 4 ..................... 7
139%-139% 140 -140 138%-139
141% 14i% . . . . “ .. . . . . . - . . . .
110 -111
P e n n a . D iv .—C o u p .. .7 . . . . - . . . . 110%-112
R e g i s t e r e d ............
126 -126 127%-127% 128%-128%.... - ...
128 -128
A lb . <fc S u s a .—1 s t , c u .7 127 -128% 129%-130 131 -131 123%-129%
117 -117% 119 -119 119 -119
118%-120 119%-119% 119%-119%
1 s t c o u p ., g u a r ........ (j 120 -120 120 -120 120 % - 120 % 118 -118% 118
118 -118
118 -120 . . . . - . . . . 120 -120
120 % - 120 % 11S%-118% 118
R e g i s t e r e d ..................€ 120 -120
142%-142%
115 -115 115 -115
R e u s . & S a r . —1 s t — 7
D e l . .L a c k . &. W e s t .—
102
-102
C o n v e r t i b le ...................7
130%-131
131%-131% 130 -131% 133 -133 132 -134 134 -131 135 -135
f llo r t., 1 9 0 7
7 132%-lo2%
131 -131 130%-131 132 -132% 133 -133 131 -131 130 -130
S y r . B ’ n & N . Y . , 1 s t . . 7 . . . . - . . . . 129%-129% 131%-131%
142 -142 141 -142
138 -139
139 -110$
M o r r i s & E s s e x —1 s t .7 140 -111% 110%-111% 111 -111%
115%-115%
116 -116
B o n d s , 1 9 0 0 .............7
124%-124%
122%-122%
121
-121
120%
-121
122
-122
-124
121
-122
1 8 7 1 - 1 9 0 1 .................. 7 123 -123 121
_
136%-137^
140 -140 137 -137
C o n s o l., g u a r ..............7 ie5% -137 187 -138 137%-139% 139%-140%
..
131 -138
R e g i s t e r e d ............... 7
128%-129 129 -130 128 -129 130 -130 128 -128 129 -129% 129 130 130 -130
127 -129
N .Y . L . & W .—1 s t . . . fi 125 -127
111%-111% 112%-112% 109 -110 110 % - 110 % 112% 114 113 •111 112 -111
110%-110%
C o n s t r n c t i o n ............. 5 110 -110
96 - 99% 99%- 99%
99%- 99%
99 - 99
D e n . C . C a b l e —1 s t . . . f> 99%- 99% 99 - 99% 99 - 99% 97%- 99%
115%-115% 116 -117%
D c n v . & R i o G r .—1 s t ..7 l10%-117 117 -117% 11756-118 118 -119 115%-116 116 -116% 117M-H7H . . . - . . . 119 -119
83%- 85
83 - 81% S4%- 86% 85%- 86% 85%- 87
82 - 83% 83%- 81
79%- 81
30%- 81% 81 %- 83
N ew c o n s o l, 1 9 3 < J. ..4 77%- 80
78 - 80
80 - 81
80%- 81 . . . . - . . . . 80% - 81% 8 4 - 8 5
81%- 86% 8 4 - 8 4
79%- 79% 79%- 80% 81%I m p . H I., g ., 1 9 3 8 ........5 70 - 70
!0 % - 12
39 - 13% 38 - 44% 38 - 11% 38%- 41
3S%- 39% 37 - 38% 36 - 37
37 40%- 44% 12 - 13
D e t . M . & M . - L . g ....3 %
60
60 - 02
80
80
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73
73
.
.
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.
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80
D e t . B . C . «&A Ip.—1 s t . . 0 70 - 75
100 -102 100 -100%
100%-100% 97 - 97% 97 -101$
D u l u t h & I . I t . —1 s t . . . 5 95 - 98
95 - 97^6 97 - 9S% 88% 105 104 -105 101%-102% 101 -102% 99%-101% 100%-101% 100 -101% 100 -101%
D u l . S . S . i f c A l l . —1 9 3 7 . 5 95 %- 90% 95%- 96
E . T e n a . V a . «fc G a .
1 1 2 - 112
1 s t ........................................ 7 111%-112 111%-112% 109 - H I « 110%-110% 110 -113% 114 -114% 110%-110% l l l M - l U J i 111%-111%
101 -10-4 101 -10iH 100 -100
102 -102 103 -103
D i v i s i o n a l ..................... 5
91 - 91$4 92%- 93% 94%- 90
97 -100
92%- 91
C o n s o l., 1 s t , 1 9 5 6 . . 5 96 - 99
90 - 9SH 91 - 93% 90 - 93% 93 - 96% 92%- 91
9G%- 93
60 - 00
57 - 60
71 - 71
63%- 64
60 - 60
60 - 60
1 s t e x i . g . 1 9 3 7 .........5 72 - 71
51 - 52%
E q u i p . & I m p ., g o ld ..5 79 - 80%
98
-100%
101
-101
99%-100%
100 -102%100%-101
K n o x . & O .—1 s t , g ...6 101 -108
100 -106 100 -100% 99%-101 101 -103
98 -100
A l a b a m a C e n t .—1 s t . 6
97%- 98
E d is o n E . 111. C o . - l s t . 5 99%-101 100 -101% 101 -102 101%-102% 101%-102%101%-103 102 -107 105%-109 104%-106 104$i-lQ£% 108%-110% 109 -112
98 - 98% 97%- 9S
97 - 98% 95 - 98%
E l i z . L e x . tfc B i g . 8 — 6 82 - 92
84 - 87
81 - s m S3 - 96% 94%- 9 7 - 96 - 96% 97%- 98% 98%-100
E q u i t . G n s . & F . - l s t .6 97 - 97% 97%-100
98%-100
97%- 99% 98 -102 101%-103 100%-101% 101%-102%101 -101% 102 -102 102%-102%102%-103%
E q u i i . G n s , N . Y .—’ 3 3 . 5
105 -105
E r ie
lM tts b .—c o n — 7
111%-111%
E r ie —
111%-114% 111%-111%
115%-116
1 s t , E x t . , 1 8 9 7 ............ 7 111 -115 111%-116
113%-1U
113 -113'
117 -117
2 d , E x t . , 1 9 1 9 ..............5 111%-111% 115%-11G% L16 -116 116 -116
115 -115
109 -109
3 d , E x t . , 1 9 2 3 .......... 4% 108%-108% 10S%-108% 108 -108% 107%-107%
107% 108 107%-107$£
1 1 2 % -in
4 t h , E x t . , 1 9 2 0 ............ 5 114%-114% 111%-114% I1G -116
112 -1 1 2
5 t h , E x t . , 1 9 2 8 ............4 101 -102 101 -102 102%-102%103 -103 . . . . - . . .
1 s t , c o n s o l., g o l d .........7 135%-137% 138 -138% 134%-136 135%-136% 136%-138 138%-139 138% 139% 139%-139% 135%-136 137 -137% 136%-137 137 -137%
1 s t c o n s o l . I'd. c o u p ...7
. 132%-132%._
R e o r g a u . , 1 s t l i e u . . . 6 111%-112
111 -115
L o n g D o c k , 1 8 9 3 ....... 7 101%-104% 101%-101% 101%-105% 105%-105% 106 -106% *102%-03% 103%-103% 103%-104 |103%-103% 103%-103% i103%-104% 100%-101
C o n s , g o ld , 1 9 3 5 . . . 6 119%-119% 120%-121
117%-118%
121% -121%
122%-122%
119%-119% 122 -122
B u l l . N . Y . & E . —1 a t .7
136 -136 135 -135
135 -135 133%-133%
137%-137%
N. Y . L . E . & W .- 2 d co n .6 100%-107% 106%-107% 106%-107% 106%-108 107%-109% *104%-106 101%-105% 104%-105% 103%-105% 105%-107% 105%-10S 101 -102%
C o l. T r u s t , 1 9 2 2 . . ..6 100% - 100%
113 -113 112 -112 112 -112
- . . . . 112%-112%
F u n d . c o u p .. 1 9 6 9 5 90%- 92% 92%- 91
93 - 93% 92 - 95
9 2 % -9 2 % j.... 93%- 93% 91 - 92
91%- 92
88 - 88 %
I n c o m e , 1 9 7 7 ........... 6
81 - 81
J e l f e r s o n R R . —l s t g . 5 101%-104%
101%-101%j
103%-103%
105%-105% . . . . - .
102% -102%
C h ic . A: E ., 1 s t . g . . 4 - 5 97%-l00% 101 -102% 102 - 102% 102%-104% 102 -102%101$^-102% 101% -102 101 - 102% 101 - 102% 102%-103% 101 -101$-^ 101%-101M
In c o m e , 1 9 8 2 ............... •48 - 52
52 - 53% 51%- 53% 51%- 52
42%45
42%- 45% 40%- 43%
49%- 51% 50 - 50% 48%- 52% 49%- 53 I 45%- 48
E u r e k a S p ’ g s ., l s t g . . . 6
101$6-101%
E v . & I n d ’ p .c o n .,1 9 2 6 . 6 108 -111
112 -113%
Ev.
R i c h . —l o t , ’ 3 I .5
100%-101 iooy,-ioo% 99 -100%
E v a n v s . <fc T . 1 1 .—C o n .6 117 -119%
122% -122% 123 -123 I23%-121 121%-125 122 -122 123 123 T22%-122%
122 -123
M t . V e rn o n —1 s t .......... 6
112 -112
110%-110%
112 % - 112 %
115%-117
F l i n t & P . M a r .—D lo rt.fi 120 -120 121 -121 122 -121 121 -121 L21 -122
121%-121%
1 s t c o n s ., g ., 1 9 3 9 . . . 5 101 -102 101%-101% 100 -101 102 - 102% 100 -100% 100%-100%
101%-101%
100 -101%
P t . l l u r . D i v ., 1 s t .
101 - 101%
101%-101 * 101%-02% 10l%-102% 101%-102% 102 - 102 % 100% -101 100 -100
90%- OS
97%- 98
96%- 98%
F t .W .i f c D e n v .C .—1 s t .6 98%-102 101 -102 101 -101% 100%-102 101%-105
99%-101 100%-101 100% -101 il00 •101 % 100 % - 101 % 101 -101% 96%- 98
F t. W .
R i o G .—l s t . . 5 72%- 75
71%- 74% 71 - 71
0 - 74%
3 - 73
74 ■ 74
'2 - 73
7 3 -7 3
69 - 71%
- 73
G a l v . i i . ifc I I . of ’8 2 . . 5 75%- 77% 74 - 75
73%- 73% 73%- 73%
0%- 71
69%- 69%
G .H .< f c S .A .- J s t l 9 1 0 . f i
101%-101%
. - .... 100 -106
2 d , 1 9 0 5 ..........................7 97%-100
97%-100 104 -101
100 -102 100 -102
102 -102 102 - 102 % 102 -102
W e s t e r n D iv —1 s t
.5 96%S0%- 97% 97%- 97* 97%- 98% 97H~ 98% 95%- 96% 96%- 96% 97^%- 97% 97%- 98% 98 - 98% 98%- 90
96%- 97% 96%- 96%
G e n .E l e c .—D e b ., 1 9 2 2 . 5
99%-102% 101 -105% 103 -104% 104%-106% 102-%-105% 99%-101
G a . S o . tfc F l a , —1 s t , g .fi 75%- 76% 75%
75%- 77% 76 - 76% 6% - 77 ' 70 - 77
S0%- S0%
G a. C a r.
N .—1 s t ....... 5
101 % -101 % 101 -101 100$4 100$4
G r . R a p .jf e I n d .—G e u .5 82 - 82
83 -100%
- 81
r6%- 79
G r . B u y W i n . «fc 8 t . P .1 s t , 6 s , i r . r e c e i p t s ...
-104 . . . .
101 -107% 106 -106%
2 d I n c ., a l l s u b s . p a id .I 86%- 38
35%- 37
36 - 37
29 - 33% 29%- 30
30 - 33
- 36% | 33 - 36
34%- 37% 34%- 40
37%- 40
H a c k . W a t . R e o r . 1 s t . 5| . . . . - ...
107%-107%
f l a n . & S t . J o . —C o n s . fi( 117 -118% 118 -118% 115%-116% 115 -117 117%-117%
-118% 114 -115 114%-115 115$^-116 116 -117%
117 -118 117%-118
H e u d e r s ’ n B ’ dffe—1 s t . 6 . . . . - ..
-108 . . . .
112 -112
H o u s a t ’ c—C o n ., 1 9 3 7 . . 5 103%-101
. . . - ....1 0 1 -101 101%-101% . . . . 108%-109 109 -109 . . . .
114 -114%
N .II.v fc D e r b y —c o n s ..5 101 -101
104% -Id% 103%-103% 104%-104% . . . . - .... 111%-111%
l i o n s . & T e x . C e n t .—
1 s t , g o ld , 1 9 3 7
. . . . 5 *101%-05% 101%-105% 103%-104%104 -107 1105 -106% 105%-108 104%-106% 106%-107% 106$I-10G% 106 -108
107%-108% 105 -108%.
C o n s o l., g o ld , 1 9 1 2 . . 6 101 -101% 101%-101% 103 -103 ;io i -101 j!01%-101%
- .... 102 -1 0 2 101 -101% 102 -102% 102%-103

_

* Ex-in terent.

THE CHRONICLE

J anuary 7, 1893.]

23

1 8 9 2 —C o n t in u e d .
JANUARY F e b r ’ r y . Ma r c h .
BO N D S.

A p r il .

MAT.

JU.VE.

JULY.

AlTGtTST. SEPT’nKR lOCTOnKIt. N o V ’ IIISn.

DJEC'OKr J

j Low. High Low. High Low. High Low. High Low. High Low. High L o w .H ig h L o w .H ig h L o w .H ig h | L o w .H ig h Low . H ig h L o w .H ig h

ftious.dk T.Ceu.-

01
am 87
, S I - 83
D ebenture, 1897..... 4 .. - . . . . 66
125
110
-110
Waco dk N. W.—1 st. .7

Illinois C e n tra lGold, 1951*........
Gold, 1952................4
C.St.L,.dkN.O.-lst,c.7
Memp. Div., 1st,a:.,4
Dub. dk S. C.. 2d div.7
Cedar F. dk » I.,lst ...7
2nd. D. dk Spr.—ls t,t .7
Do tru st receipts..
Intern. dk Gt. No.Coupon oil'.......
Stam ped...........
2d, 1909 ............. 4%-5
Iow a Cent.—1st, gold..5
K an. dk Mich . - 1 990.. 4
K entucky C., 1987.....4
K ings Co. El.—1st, A .5

- 64%
- 87
- 69
-125

04 - 0i%
89% - 92
69%- 71
123 -123

'o m - C2« Gl%- 64% 61 - 05% 63%- 61% 04 %- 60%
. . . . - . . . . 87%- 87% 9 0 - 9 0
. . . . - . . . . 70 - 70
125 -126 120 -127 124%-125

90%- 91

92X- 92)4 92%- 93% . . . . - ...

9G%- 98

104%-10G
99%-100

_
_
99%-102% 101 -101

. . . . - . . . J 75 - 78

91 - 04%
105 -105

100

- 08%. 65 - 67% *io - 67%, 00%- 08/
87%- 87%, 00 - 90 |. . . . - . . . . 8 9 - 6 9
78 - 78
. . . - . . . . . H0%- 82 . . . . - . . . .

03%- - 93% . . . . - . . . .

-id%100%-100%102% -102%
97
...
...
115%-117% 115
114%-114%
96 - 96%

92 75 82%97%-

96
92%- 95
92 - 93% 92%- 91 *90 - 91%
76% 76 - 78% . . . . - __ 77 - 78
76 - 77
83% 83)4- S-IM 83%- 85
SlVfr 85% 84%- 86
99% 97M- 98)4 0 7 « - 9SM 98 -100 101 -102%
8714- 8QM 85 - 85
86 - 86
88 - 90
85%- 86
81 - 85% 83 - 84%
SIM- 82)4 SO - 81% 80%- 82
109%-111 109%-111 110K-111^ 111%-113% 113 -114
96 - 97% 96%-100% 100%-101%101%-104

05 - 05

93 - 01

101%-101%.... - .... .... - .... .... - ....
102% - 104% 102 ■ 102%I00%
-10f>%100%-100fc 100%-100%
I 97%- 07%.
06 - 98 j 98%- 99% . . . . - . . . .

- 97
- ....1 1 0 8 -•108
- ....1 1 2 -115 116%- 116% 116

-117

112

-112

__ _ ... 112%-112% U2%-114 113 -113
-117
112 -112% U 3 « -U 3 )i U3U-U5H U 5«-U 554
_
_
_
110%-110%
- 98
96 - 97
92%- 95%
93 - 94
102 -102 102 -102
- 89
88% - 88% SS - 88% 89 - 89
88%- 88% 91 - 91
8 8 -8 8
-122 120%-120%
115%-115% 117 -120% 110%-121
-122 120%-121%120 % -120%
110 -113 114 -110 114%-120% 119 -121
118 -123 122}|-125% 128%-129
106 -106% 108 -112 108%-112 108 -109% 10G%-108 108 -109%
_
78 - 82
76 - 82
76 - 79
75 - 75% 74%- 75
73 - 74% 71
74%

S9%- 92
73%- 74
*81 - 84
99 -100
.... - ....
81 M- 81)4
107%-110%

06

91 - 93

n i % - i n % ....
110%-117 I16%-117% l i 5
111 -114
96%- 06% . . . . - . . . . . 90
102 -102 |102%-102%j....
91 - 91 . . . 120 - 120% j 122 -122

120
130 -130
109%- ■110

118 -122

•120 %

74 - 77%

89 - 90% 89%- 90
77%- 77% 76%- 70%
83 - 84
83%- 81
99 -100% 99 -100%
,88% - 88% 1, 0 0 - 9 0
81%- 84%! 82%- 85
110% -111 " 110%-111
99% -100% 101 -101%

110 -111%111%-113
78%
70
88% - 89%;
76%- 78
83%- 84
98%-100

88-88

- ....
-116

90
.....
- ....

122 -124 1123 121%
. . . . - . . . . 130%-18l
100%-109% 108%-10G%

- 70% 67%- 60%j 6 8 - 6 8
89% - 90%
76 - 70
83%- 85
99%-100%|

88-88

83%- 85
8 2 -8 4
109 -111
101 -101%

90 - 91
76 - 7 7 % ;
85 - 85%
99% 100
87% - 88%
83% - 85%
111

-111

87 - 88%
77 - 77%
8 4 -8 5
100 -102

80% - 92
84 - 85%

110 -111%

103 -103%
2 d.
JL S h o r e dk M i c k . S o . —
Ul% -114% 114%-114% . . . . D i v i s i o n ............................ 7 . . . . - . . . . 117%-119% . . . . - . . . . 115%-115% 115%-115%
117 -117
C*1 F a i n s . & A s h ...........7 104 -104 103%-105 .. . - . . . 100%-101% 10l%-101%
B u f l . dk E r i e —N e w .. ..7 114 -115 115%-117 I16%-117 __ - ... H3%-113%
.. 1U%-114%
116 -116 115^-115)4 114)4-114)4
D e t . M o n .d k T o l .........7 129 -129 124%-124% 126 -126 125%-127
125 -125
127 -129
1 s t c o n ., c o u p ...............7 120 -120% 120%-121% 120%-122 121%-122% 122 -122% 123 -123 120 -120% 120 -121 119 -120% 120%-124% 121 -121 . . . . - . . . .
1 s t c o n ., r e g .................. 7 J.18%-120 120 -121 122 -122 120 -120 120%-121%
119 -119 119 -119 118 -119% 118%-119 |U 7% -118%
2 d c o n ., c o u p ................ 7 122%-123 122%-123% 123 -124 122 -124% 122%-126
IS2J6-124 123 -123% 123 -124 123 -123% 123%-125 121 -122
2 d c o n ., r e g ....................7 121 -122 121%-123 123 -123 123 -123% 121 -121
123 -123 123%-123% 122%-123% 122%-123% 123%-124 j121 -121
_
M a h o n .C o a l 1 s t , ’ 3 4 . 5
108 -108% 108%-108% 110%-110%
108 -110
» E ie ta .V .,N .Y .-ls tg u .g .4 % 100%-101 101%-101% 101%-102% 102%-103% 103%-104 104 -106 103%-104% 103% -104 104 -104% 104 -104% 103%-104% 104 -104%
C e l l . V . T e r . 1 s t , 1 9 4 1 . .5 109 -109 110 -110% . . . . - ---- 109 -109 108%-109% 110%-111 111 -112% 112%-112% 112%-112% 110 -110%111 -111 |U0%-111%
_
_
C .K .& M e m . 1 s t ,1 9 3 7 .5
68-68
C o n g Is la n d —
112 -113 . . . . - . . . .
1 s t , 1 8 9 8 ........................ 7 117 -118 117 -117% 117)4-117)4 119 -119 115 -115
115%-116
1 s t . c o n s o l, 1 9 3 1 .........5 . . . . - . . . . 114 -115 . . . . “ . . . . 113 -113% 113%-113%
114 -114 116%-117 116 -116 115%-115% 115%-llo% 114%-U6
99 - 99 ! . . . . - . . . .
F e r r y , 1 s t , 1 9 2 2 . ..4%
97% - 99
94%- 90
03%- 95 j 93%- 95
G e n . m o r t ., 1 9 3 8 . . . . 4 91 - 93
94% - 97
94 % - 97
93M- 9 iU 93 - 94
94 - 96
B7M- 97M 95 - 95
_
N . Y . dk R . B . , 1 s t , g .5
102 -102 101 -101
N . Y . B . d k M . B . , 1 s t .5 . . . . - . . . . . .. - . . . . 100 -100 . . . . - ...
C . E v . & S t . L . - C o n . l s t 5 82 - 83% 80 - 82
82 - 82% 82%- 85
84 - 87% 87M - 87K 8 6 « - 80)4 85 - 86% 81 - 85 I 81 - 85
C o u i s v i i l e d k N a s k v .—
C o n s o lid a t e d ................ 7 114 -114% 114%-115 114%-115 111%-113 112%-113%
11356-113% 114«-114K 114 -114% 110%-111%111 -111%|111 -111%
C e c i l i a n B r a n c h .........7 109 -110 109 -109
10S% -10^6 ... - ...
120%-121 121 -121 120%-122
N . O . J k M o b —1 s t ....... 6 117%-119 118%-119 119%-119% 119%-120 120 -121
11S%-119%
_
2 d . . ................................... G 108 -110
109
-109
109%-110% 110 -110%
113 -113 11-4 -114 . . . . - . . . . 1 1 3 --113
E . H . dk N a s h .—1 s t . . . 6
116 -116
G e n e r a l m o r t ...............0 115%-llG 116 -116 110)4-110)4 116%-117 118 -119%
116%-117 . . . . - . . . 116 -116 117 -118% 118%-120 110 ■•117
_
P e n s a c o l a D i v . ........... 0 . . . . - . . . . 110 -110 107 -107 107 -107 110 -110
105%-105% 107 -107 . . . . - . . . . ' 107 ■•108
_
_
62 - 62
62 - 02 , 62 -• 62
S t . L . D i v ., 2 d 1 9 8 0 . 3
N a s h . Sc D e c a t u r ------ 7 . . . . - . . . . 114 -114 114 -114 114%-115 115%-llo% 115%-115%
112%-113 113 -113 114 -114 113%-113% . . . . F e u s a c .d k A t l .—1 s t . . 6 106 -106 104 -104 103 -103% 103 -104 104%-101%
104 -104 101 -101 101 -102 101%-101% 101%-103 102 - 102 %
5 0 - y r . g o ld , 1 9 3 7 . . . . 5 10D4-102& 103%-103% 103 -105 106 -106 102 -104% 103 -104%
102%-102% . . . . - . . . . 103%-103% 102 -103 102 - 103%
9%- 83% 80%- 81% 81%- • 82%
U n ifie d , g o ld , 1 9 4 0 . . 4 78%- 80% 78%- 80
79 - 80
76J6- 8 0 ^ ' 79M - 80
70)4- 80M 80M- B1H SI - 81% 81%- 82
C o l. t r u s t , g ., 1 9 3 1 . . . 5 101)4-101)4 101%-103 103 -103% 104%-104% 101%-101% 102 -103% __ 103 -103 102%-102% 102% 1 0 2 % !.... - . . . . 1 0 2 -•102 %
N a s h . F i . d k S . , l s t , g u . 5 100 -101 *98 - 99% 9S%- 9S% . . . . - ___ 100%-101 101%-101%lOlJ^-10146 . . . . - . . . . 100%-100%
S o .d k N o .A la .c o n .g u .5 92 - 97
03 - 93 . . . . - . . . . 90%- 94% 94 - 94% 94%- 94%
. . . . - . . . . 90% - 00% 90%- 95 | 95 - 95 | 03%- 93%
iCott. N ew A lb . dk C h ic .—
1 s t : ...................................... 0 10S%-110 111 -111 I l l -111 112 -112 111 -112 112 -113 110%-110% u o m - i u m n o - i u % 111 -1 LI 112 -112’ j 112%-U4%
C o n ., g o ld , 1 9 1 0 ....... 0 100%-102 101%-103 102 -103
99 -100% 100% -102% 101%-103% 102% -103 10174-103% 102%-105 100%-104% 104%-10G% 100 -107%
7 4 -7 7
'4 - 75
_
G e n e r a l , g ., 3 9 4 0 — 5
74 - 76M 75 - 77
74 - 75
69 - 78% 08 - 75% 74 - 75
95 - 95
.. - . . . . 95 - 95
C o n i s . N . O . Sc T . —l s t . 4 S6 - 86
95 - 95
86 - 86
- ...
85 - 85
85 - 85% 85 - 85%
C o u i s v . R y . —1 s t , e o n .5
96 - 99% 100%-100%
94%
95%j
94% - 95%
95
97
95 - 98
C . S t . C . d k T . - l s t , g . ’ 1 7 . 6 87 14- 90M 02 - 95
93 - 04% 91 -100
92 - 94% 90 - 93% 91%- 90
93 - 95
_
M a n . B . II .d k L . —G e n .4
48 - 48
19 - 53% 50 - 53% 4S% - 51
92 - 94 I 95 - 98
94 - 95
M a u h a t . , c o n s ., 1 9 9 0 . 4
M em .d k C h a s .—G o l d ...0 100%-101% 9S - 98
83 - 90
100 -100
98 -100% 08 -100%
_
.
1 s t c o n . T e u n . l i e u . . .7
118%-120
117%-117%
M e t r o p o lit a n E L —1 s t . . 6 113%-116% 116 -118% 117- 117% 117 -118 117%-119% 119 -120% 116% -117 117 -118% 117%-118 117% -118% jll8 -118% 118 -119
2 d , 1 8 9 9 ..........................0 105%-107 107%-109 108 -109% 108 -109% 10G%-109% 109%-110 108%-109% 10S%-109 108%-109 10S%-109 :105%-107 106 -107
_
M e t . T e l e p . dk T . —1 s t . 5 103%-103%
M e x C e n t .—C o n .1 9 1 1 . 4 70%- 70%
2 d , c o n s . I n c ., 1 9 3 9 . . 3| 37%- 37%
M e x . N a t’ I—1 s t , 1 9 2 7 . 0 .
_
46 - 46
43 - 44 . . . . - . . . .
2 d in c o m e “ A ” ............(5 •10 - 40
37 - 37
9% - 10% 9 - 9
8H- 8%
2 d in c o m e , “ B . ” __ (j 11 - 11
9% - 9% . . . . - . . . .
10 - 10
L22%-123
ill9%
-119% 116%-119%
M ic h . C e n t—1 s t , c o n s o l.7 121%-123%
:
122 -123% 123 -123% 122%-124 121%-122
122%-123% 123 -123% 123%-124%
108
-108
106
-106
.
.
.
. - ....
1 s t , c o n s o l .......................5 107 -107 ioe% -ioe% 10G%-107 107^-108^ 106%-107%l107 -107%
108 -108 107 -107
1 9 0 9 ................................« ji
'119%-119%
112 -112%!112%-113
C o u p o n , 1 9 3 1 ............... 5 j i n n - u r n . . . . _
110 -110 111 -112 111 -111%; 113 -115
R e g is te r e d , 1 9 3 1 .
113 -115 110 -110
M o r t g a g e , 1 9 4 = 0 .........4 !100 -100
100 -100
99 -100
M i l . L . S l i . dk W e n t.—
-126% 124%-127
126%-128 127 -127% 127 -128
1 s t ........................................ 0 :123 -125 124 -125 124 -125 126 -127%
- . . . 106%-10«h
_
105 -105 1
C o n v . d e b , 1 9 0 7 ........ 5 J
-10S |106%-10S%|
E x t . dk Im p ., s . 1'........ 5 ] 106 -108%'106 -100% 104%-106 106 -107%
107%-110 107 -107)4 105%-100%j
_
_
_
I n c o m e ............................... 110 -111
,.. - . . . . 125%-125%
125 -120
120 -120 120 -123 . . . . - ... . . . . - . . . .
123 -123 123 -123 123 -123%
A s h la n d D i v ., 1 s t __ 0 :122%-124 123% -124 121 -121 . . . . - . . . .
. U2%S t , F . E . dk G r . JT r., 1 s t
]
..................

* Ex-interes

t Ex-funded coupon,

$

Coupon off.

THE CHRONICLE.

24

|V ol .

l v i.

1 8 9 2 —C o n tin u e d .
JANUARY | FEBR’KY.

A D GUST. Se p t ’ b e k . October .

L o w .H ig h L o w .H ig h

L o w . H ig h Low. High L o w . H ig h Low . H ig h Low . H ig h Low.High Low .H igh

BO N D S.

DEC’BER.

114%-115% 117%-117%
- . . . . 116%-117 117 -117
M U . & N o . - l s t , 1 9 1 0 . 6 111%-111% 113%-114
114%-114% 114%-115 116 -117
116%-116% 113%-114
l 8 t , o n e x t e i i M1 9 1 3 . 6 111%-H8%
129
-129
126 -126
129 -129 129 -129 128%-131% 12S%-128%
M i n n .d c S t . E . - l s t . . . 7 120 -121
129
-131
122%
-122%
125%-125%
133 -133
I o w a E x t e n s i o n .........7 — - . .
80 - 85% 90 -102% 102 -102
75 - 76
102 -105
73 - 73
2 d m o r t ., 1 8 9 1 ............ 7 70 - 76
115 -115 116 -118 122%-124 127%-127%
115 -116
S o u t h w e s t E x t . , l » t . 7 . . . . - ...
105 -110 113 -114%
103%-103%
P a c i f i c E x t . . 1 s t ........ 6 — - ...
93 -105
106 -107% 111 -115 116 -116
! - 90
81%- 82
75 - 80
70 - 70
70 - 70
Im p . tfc€?ciulp.. 1 9 2 2 . 0 1— - ...
109%-111%
108
-109
106%-108
113 -113 1G9%-U0 109 -110
107
-107
109
-109%
M o . P a c .—1 s t c o n s o l . . . 0 107 -108 107%-108% 107%-108
112%-112%112%-112%115 -115 115 -115
116%-117 1 1 1 % -lli 113 -114%
115 -115 116 -116
3 d , 1 9 0 0 ......................... 71112^-115
90 - 90
90 - 90
89 - 90
90 - 90
T r u s t g o ld , 1 9 1 7 .......5 . . . . - ...
79 - 82* 81 - 82% 81%-- 83
81%- 82% 81%- 81% 81 - 82
8 3 -8 3
79 - 81%
80%- 82% 82 81 - 84
1 s t , c o l ., g o ld , 1 9 2 0 . 5 82%- 85
96%97%
99
99%
97%
98
98%- 99%
96 - 98
97%- 97%
97 - 98
98 - 98% 98 - 99%
98%- 98% 97 - 98
P a c . o l M o .—1 s t, e x t ..4 100 -100
106%-106%
109
-109
107
-107%
105
-107
106%-106%
107
-107
106%-107
106%-107%
106%-107%
2 d , 1 8 9 1 , e x t e n d ....5 *02%-105% 10 4 -106 106 -105
M o . K a n s a s tfc T e x a s
79%- 80% 79%- 80% 79 - 80% 79% 80% 80% - 81% 79 - 80%
1 s t , g o ld , 1 9 9 0 ........ 4 79%- 81% 80%- 81% 80 - 81% 80%- 81% 81%- 83 *79 - 81
45%- 48% 47 - 19% 45%- 47% 46 - 47% 40 - 48% 46%- 49%
49%- 51% 49% - 50% 46 - 50
2 d , in c o m e , 1 9 9 0 .......4 46%- 54% 48 - 52% 49 - 52
74% 75
67 76 - 76
75%- 75% 75 - 77
74%- 76%
K . C . & P . , l s t , 1 9 9 0 .4 1 75 - 77
- 86
87
87%
87 - 87
86%87%
87 - 87%
88%89%
80 - 80
89%89%
D u l.tfc W ., 1 s t , 1 9 4 0 . 5 88%- 89J 88%- 39%
116%-117 117 -117% 118 --118 117%-119
M o b ile tfc O h io —N e w ..t i 115% -lie 115%-116% 115%-115% 116%-117 117 -118
*111 -116
1 s t , e x t e n ., 1 9 2 7 .........6 — - ... 112 -112
63%- 65
64% - 65% 61%- 63
61%- 62
60%- 02
59%- 617-6
G e n . M ., 1 9 3 S ............. 4 66 - 67% 63 - 66% *61%- 64% 61%- 63% 63 %- 66% 63%- 66
112 -112 112 -112
110%-110%111 -111
109 -109
M o r g a n ’ s L .tfc T .—1 s t . .0
124
-124%
124%-125
124%-125%
1
123
123
126
-126
1 s t , 1 9 1 S ......... .............. 7
111 -1 1 2 111 -112 110 -110%111 -111%
108 -108 109 -109 106%-107% 110 -110 110 -110%
M u t u a l U n . T . - S . F . .6 107%-107%
N a s liv .C .ifc S t . L . —1 s t . 7 126%-128% 128%-129 127 -128 127%-129 128 -130 130%-132 129 -129 128%-129 127 -127% 127 -128% i127%-128% 12S%-129
C o n s o l , g ., 1 9 2 8 .........5 103%-105% 104 -106 105%-106 103%-103% 105 -105% 105%-105% 105 -105% 105%-10o% 104%-105% 102 -102%; 102%-104 102 -103%
99%-100% 00 -103% 102%-103% 102%-105 104 -105 1105 -107 104%-105 104 -105
N a t . S t a r c h M fg .—l s t . f i 101 -103%, 103 103% 102%-103 102%-103
108 -108
N . J . S o u t h .—1 8 9 9 . gu.O
108 -108 109% 109%.
N . O . <fc N . E . - P r i o r 1 .0 106 -106
N ew Y o r k C e n t r a l E x t e n s i o n ...................... 5 101%-102% 102%-103% 103 -105 103%-103% 101%-101%101%101%101%-102 101%-102 101% 102% 102 % 102% 100% - 100 % 101 -101%
N .Y . C .& H . - l s t , c p . .7 123%-125 124%-125% 125%-126 126%-127 127 -127% 127%-129 J 24%-12o% 124%-125% 124 -125 124 -125 12A%-125% 125 -125%
126%-127% 125 -12S 125 -125 j 123 -125 124%-125
1 s t , r e g ........................... 7 123 -123% 124%-125 125%-125% 126
124%-124%
-107 10G%-107 106%-107%
108%-109% 109 -110 107 -107%
I7 e b ., 1 8 8 4 - 1 9 0 4 . . . 5 108%-109%100 -110 107%-108 1108 -108% 108 -109
107%-107%
109 -109 108%-109
- . . . . 106%-106% 106%-106%
R e g i s t e r e d . ............ 5 10S%-108% . . . . - ..
. 1108 -108%
D e b .r e g ., 8 9 - 1 9 0 4 . 5 . . . . - . . . . . . . . - ... 107 -107 ....
99%- 99% 101 -101
. - .... 100%-101
101%-101%
N . J . J n n c , 1 s t , g u ..4 102 -102 __ D e b ., g ., * 9 0 - 1 9 0 5 . 4 99%-100 100 -100 101% - 101% 102 - 102% 102%-103
101%-101%101%-101%
R e g i s t e r e d .............. 4 100 -100
. . . . - ...
121 -121 123 -123 121% -122 121 -121 121%-121% 122 -122% 119%-119% 117%-119%
H a r l e m —1 s t , c o u p .. . . 7 121%-122 ;121%-122% 122%-123%!. . . . - .
. - . . . . 119%-119%
1 s t, r e g .......................... 7 120%-120%:122 -122% 122%-122%!123%-123% 120 - 120% 120%121
120 -120% 117%-117% 118 -119
W e s t S h o r e , g u a r . . 4 101%-103% 102%-104 103 -104 103%-104% 104%-105% 105%-105% 102%-103% 103%-103% 102%-103% 102%-103% 103 -104% 103%-104%
R e g i s t e r e d ...................4 101%-102%102%-104 103%-103% 103%-104 104 -104% *103 -105% 102%-103% 102%-103% 102% 103 102%-103 102%-104 101%-103%
O s. A. R o m e ,2 d , 1 9 1 5 . 5
105%-105% . . . . - ..
N .Y .C h ic . t f c S t . L . - l s t . 4 95 - 97% 96% - 99
96 - <
97 - 99
97%- 97% 90%- 99
97%- 98% 95%- 97
98%-100
96 - 97% 95% 97% 97%- 98
R e g i s t e r e d ...................... 4 95 %- 95%
95%- 95%
95% - 96
90%- 96%
N . Y . E l e v a t e d —1 s t ....... 7 112 -113 112%-114 113%-113% 112%-114 113 -113% 115 -115%
112 -113% 112%-114% 114 -114% 113 -113% 112%-114
N .Y .& N .E .- i 8 t,1 9 0 5 .7
120% -121
123%-123%
1 s t , 1 9 0 5 ..........................6
113%-113%
113%-113%
N . Y . N .H .& H .—l s t , r g . 4
108 -108 108 -108
105%-105%
N .Y . tfc N o r t h .—1 s t , g .5 108 -108 101 -101%108 -108 105%-105%
106 -106 106%-106% 107%-107%
110 -110
2 d , g o ld , 1 9 2 7 .............. 4 58 - 633 54 - 61
57%- 65
63 - 63% 62%- (
61 - 62
62 - 63
6 2 -6 5
65 - 67
62 - 68
62 - 62
T r u s t r e c e i p t s ..............
N . Y . O n t. tfc W e s t ’ n l s t , g o ld ............................6 115 -116 114%-115 *10%-111% 110%-112%111%-112%112 -112%112%-112% 112%-112%
C o n s o l. 1 s t , 1 9 3 9 . . . 5 100 -104 101 -104 102%-105 104%-106% 106%-108% *105%-06% 105%-106% 105% 106 106 -106% 106%-10?% 107%-108% 105%-106%
R e l . , 1 s t , 1 9 9 2 ............ 4
82%- 83%
83% 82%- 83% 82%- 83% 83%- 84% 83%- 84
N .Y .tf c P e r .C .t f c l ., l s t . f i 93 - 94
93%- 94%
70 - 70
r 90% 90 - 90% 89%- 90%
N .Y . S .« fc W .—K e fu n d ..5 L03 -104 103%-105 104 -105% 104%-105% 105 -105% 105%-107 105 -105% 105%-106
.05 -105% 106 -106% 106%-108% 107 -107
2 d m o r t ., 1 9 3 7 .........4% 79 - 81% 80%- 81
80%- 82% 82 - 82% 82%- 83% 87 - 87
90%- 90% 8 4 - 8 6
86%- 86% 8 6 - 8 7 88 - 88% 86 - 89%
f G e n ., g o ld , 1 9 4 0 .........5 84%- 87% *85%- 87% 87 - 88;
87%- 89
87%- 88j 87 - 88%; 87 %- 91
88%- 88% 8 8 - 9 3 95 - 97 9 0 - 9 6
■ M i d l ’ d o l N . J . , 1 s t . . . 6 116%-117% 117%-118% 118%-119 116 -116 117 -117 118 -118% 117%-118
115%-115%
118 -118
N o r . tfc S o .—1 s t , 1 9 4 1 . 5
-101
98%-100
99%-100% 101%-102% 102%-103 103%-103% 103 -103% 101^-102 100 -1 0 2
N o r f. tfc W e s t .—G e n . . . © !.... 123%-124 121%-121% 122 -123
122 -122 122 -122 *118 -122
122%-123
1 0 0 y r . m o r t ., 1 9 9 0 . 5 95 93 - 93
93%- 96% 95 - 95%
96 - 95
93 - 93
91 - 91
91 - 91
N e w R i v e r —1 s t .......... 6 ___ 120
118 -118
118%-118% 120 -120
-120 |20%-120%
C lin c h V a l ., 1 s t tfc e q .5 96 - 96% 9 6 % -97
93%- 95
96%- 96% 97 - 97
95 - 95
93 - 93% 92%- 92% 91%- 92
M d . tfc W «, 1 s t , 1 9 4 1 . 5 . . . . - . . . . 91 - 92% 91 % - 92% 92%- 93% 93%- 94% 93%- 94% 91%- 915 90%- 92
T00%- 91
90%- 91
91%- 93
92 %- 93%
R o . tfc S o ., 1 s i , 1 9 2 2 . 5
95 - 95
N o r th e r n P a c i f i c G e n . 1 s t , l a n a g r a n t ..0 *115 -116% 116%-118 117%-118% 117%-118% 117%-118% 118%-119 115%-117 116%-117 115%-117 116 -117% 117%-118% 118%R e g i s t e r e d .................. 6 114%-116% 110 -118 117 -118% 116%-118 117%-117% 118 -118% 114%-115% 116 -116% 116%-116% 116%-117% 117 -117 115 -115%
G e n ., I. g r ., 2 d , 1 9 3 3 6 112% 114 112 -115% 115%-116% 112%-112%113 -114 112 %-11 ?%
113%-116 114 -115% 111%-112 111%-112% 113 -113%
R e g i s t e r e d .................. 0 112 -112% 112 -113 113%-114 112%-112%
112 % 112 %
114 -114
G e n ., g o ld , 3 d , 1 9 3 7 . 6 107%-108% 108 -109 108%-110 i i o % - n i 109 -111 106%-107 106%-107% 107%-107% 107 -108% 106%-108 108 -109 106%-107
C o n s o l., 1 9 8 9 ..................5 77%- 805 78%- 79% 76 - 79% 77%- 79% 76%- 7
73%- 75% 74%- 77% 76 - 77% 71 - 77
72 - 74% 71%- 73% 66%- 71
D iv , s c r ip , e x t e n d e d ............ - . . .
100%-100%
100%-100%101%-101%
S t . P a u l & N o. P a c . . 6 I19%-120
120 -122%120 -120
122 -122
121%-121%
R e g i s t e r e d .................... 6 __ _ . . .
117 -117
J a n i e s K i v .V ., 1 9 3 6 . 6 . . . . - . . . . 104%-105 104%-a04%
99 - 5
97 - 97
S p o k a n e & P a l . s . f ..6 101 -108 100%-101 100%100%100 -100
- 94
97 - 97
D n l . tfc M a n ., 1 s t .......6 101 -103 101 -101
102%-103% 101 -102 102 -102 101 -101 101 -101
-1 0 2 102 -102%
102%-102%
D o . D a k . D i v ., 1 s t . 6 99 -101 102 -102 100%-101% 96 - 96
95%- 96% 93 - 93%
t>5
% - 93%
N o. P a c .T e r .C o ., 1 s l .f i 105 -107 105 -107 107 -108% 107 -108% 108 -108% 107 -107% 105 -105%
104 -105% 104 -104%
C o e . d’ A I ., G e n .1 s t . . . 6 102 -102
104 -104
C e n t . W u s h ., 1 s t ........6 . . . . - . . . J . . . . 100%-100%101 -101 96 - 96
N. P . tfc l> lon ., 1 s t , g..fi 101% 102%\101%-103
97 - 99
94%- 97% 94%- 96
97%-100% 96 - 98
95 - 97
90 - 94%
88% - 89% 8 5 - 8 7
C h i c . tfc N o. P a c ., l s t .j 78%- 80%j 79%- 82
79%- 81
80% - 81% 73%- 81
79 - 81%: *76%- 78% 76%- 78% 78 - 80
74 - 77
74%- 76
71%- 75%
S © a . L . S . t f c E . , 1 s t . . . 6 94 - 94%;*92 - 95% 92 - 94%i 90 - 94% 94 - 96
93%- 95
93%- 94
91 - 92
93%- 95^ 94 - 97
88%- 91 8 4 - 8 9
O h io I n d . tfc W e s t e r n .—j
J n d . R .d k W „ l s t , p f . 7 . . . . - . . . ..
116 -116
117 117
O h io tfc M is s is s ip p i—
C o n s u l, s i n k . f u n d .. . . 7 111 - l l l % 112 - 112% 111%-111% 112%-113
111%-1U%111 -111 111%-112 111%-112%112%-112%
115 -1 1 5 % i.... - .
C o n s o l., 1 8 9 8 ................7 110%-112 111%-112% 112 -112%: 112 -112 114 -114 115 -115 | lll% -lll% 111% -112 111 -112%111%-112%
112 -112%
2 d , c o n s o l., 1 9 X 1 ....... 7 120 -120 I119%-120 . . . . - ---- 1115%-116% 117%-117% 116%-116% 117 -117
116%-116%
1 s t , S p r in g !'. D iv ....... 7 . . . . - .... 1 1 2 -1 1 2
. . . ’114 -114 113%-113%
1 s t , g e n ., 1 9 3 2 ............5 . . . . - . . . .
... 98 - 08
O h io R i v e r — 1 s t ............. 5 ___ - __
95 - 95
97%-100 100 -102 j.... - ...
100 -100
O h io S o u t h e r n —1 s t
6 106 -108 109 -109% 110 -111 .110%-111 109 - l l l % jl0 8 -110
110%-110%111 -111%111%-111% ill% -1 1 2 % .12 -113 105 -109
G e n ., g o ld , 1 9 2 1 ....... 4 02 - 65 I 64%- 66% 62%- 66% 62%- 66
62%- 64
61 - 64% 63%- 64%; 61%- 64% 61 - 62
6 2 -6 4
60 - 64% 62%- 05
O m a h a tfc S r . L . —1 s t . . 4 __
. . . - . . . . G2%- 62% . . . . - . . . . 62%- 62% 66 - 66 .... - .
62%- 62% G2%- 62%.
E x fu n d e d c o u p o n .. . . 4 48 - 48 I 60 -5 0
50%- 51
54 - 55
52 - 53
53 - 53

Kx-interest.J

I'Uh CHRONICLE.

J anuary 7, 1893. J

25

1 8 9 2 —C o n tin u e d .
A p r il .

BONDS.

Ma y .

J

unk.

July.

AUOUHT. * KPT’llER. OCTO11KIf.

L o w .H ig h L o w . H ig h Low. High Low. High Low. High Low. High L o w .H ig h Low.High Low.High Low. High

96 - 95
9H - 98%
. . . . - ..
Or. & C .- l s t k.,19‘A7.5
Oreg, R ’y.& Nav.—lst.fi 109%-110 110k-lll 111 -111k I l l -111% HO -110 112 -112 109%-1 1 0 k 111 -111% Il0)4-in 5< 10096 110J4
.. n o k - m
90 - 92% 90 - 90
91%- 94
Consol., 19 ^5 ........... a 94 - 95% 95 - 06
01 - 91 — - . . . . 8 8 - 9 1
88 - 01
80-88
9 0 -9 0
71 - 71
Collar tru st, 1919..5
72 - 72
70 - 75
n - ik t
Oreg. Imp, Co.—1 st— 6 101%-103 102k-101k 103 -103k 101k-103k 101%-103 •99%-lOlk 100k-101k lOlk-102% 102%-103% I02k-103%
H 101%-1G3%
I - 71 •64 - 67% 04 - 05% 64 - 6 7 k 0 6 k - 68
Consol., gold, 1 939 .5 65%- 71M 0 8 - 7 1
0 3 k - 0»
0756- 0856 8 0 - 0 9
0 1 -0 4
Pennsylvania Co.—
1st, coupon............. 4% 105%-106% 103M-107k 106k- 107k 106k-107k 107k-108% 108%-108% 106 -107 106%-107 106%-107 100 -107%
R egistered...........4% 10(5 -100 105%-10G% 105k- 106k 10Gk-107 107 -107% 100k-10Gk 105k -105k . . . . - . . . lOOk-106% 106 -10854
138%-139% 138%- 139 189 -139 13851-13056 140 -140 130%-140 140 -140 139 -141 13954-140
Pitts. Ft.W.&C.—lst.7
0 140 -HO
132%-137% 137k- 137k 13794-137*4 139 -139 139 -139
133 -137
2d., 1912.............. 7
. . . 1138%-188%
132
-132
130
-133
132
180%-130%
131
-131
3d., 1912................ 7
132k
Clev.tfc P.—Cons.s.fd.7 120%-121 121 -121 122k- 123 123 -123% 120 -120 119 -119 110 -119 119 -119%
120%-121
Gen., 1942, ser. A.4% 106%-100% 107 -107% 108 - 108
110%-UO%
St. L.V .& T. 11.—1st.7
l l l k - U l k 111k- 111k 112 -112
113)4-11356 I1 0 k -1 1 0 k . . . . - . . . . llOk-110%
I 110%-110%
110 -110
2d, ffuar.. 1 S9S..... 7
- . . . . 109%-100%
101 -102k 102%-103% 100%-102 103 -103% 103k-104k
Gr.R.ife Lid., 1941.4%
- .100 -102%
PeopIes’GArC.,Clii.‘J d (i 8 2 k - 99 100 -101k 100k 102% 100 -101k 101k-103 101 -103
101 -101 101k-103 103 -104%
_
106 -106
1st, gunr., 1904.......0
HO -HO 105k-108 103 -105% 106%-106k LOG -108
Peo. Dec.tfcEvan.—1st.0
102k-102% 101k-105 106 -106 106 -107%
2d, 192 <i....................5 69k- 70M 70 - 71 70%- 71k 71 - 71% 69 - 71 69%- 70 6 8 k - 68k 68 - 68 70 - 70% 71 - 71% 65%- 08%
Eva ns v. Div„ 1 st..... 0 105 - 108 107 -107 102 -103 100 -100 101 -101% 104%-105 I01k-102 . . . - . . . .
- . . . . 100 -101% 100 -100
Peoria Sc i*as., 1st con. 4 80 - 8 2 k 81 - 83 8 1 k - 82 7 9 k - 81 80 - 81% 7956- 8054 7 9 k - 8 1 k 80 - 81k 80%- 82% 7894- 79*4 78%- 70%
78%
Income, 1990...........4 30%- 34 k 32 - 34 k 31 - 8 3 k 2 8 k - 31 28 - 29 26 - 30 28 - 2 9 k 28 - 2 9 k 27 - 2 9 k 27%- 29 26%- 27%
26%
llO k -llO k 1 1 2 k -H 2 k . . . . - . . . .
Pcoria& Pck.U n.—1st.fi
70 - 70
2d niort., 1921......4%
6756- 6756 69 - (59
60 - 70
70 - 70 k
70 - 70
72 - 72
100 -100 100 -100
P eoria W ater—1919..C
90%- 09%
P hil. Co. —1st, ’98. s. f.fi
P hila. & R ead in g General ...........
4 83%- 84 k 83%- 90 8 5 k - 86% 86 - 88% 8756- 90M 89)4- 9056 8 7 k - 8 8 k 87%- 8 8 k 85*4- 8854 8054- 8756
v 81%- 86%
R eg istered ............. 4
86 - 86
8 5 k - S5k
1st prel. inc., 1958. .5 7 2 k - 75k 6 8 k - 79 7 3 k - 7 6 k 7354- 76*4 7556- 7856 76 - 78^ 7 7 k - 79% 76 - 7 9 k 7456- 7754 76 - 7796
2d prel. iuc., 1958 ...5 55 - 59% ‘53k~ 72 63 - 67% 64%- 70 67%- 71% 6 8 k - 70% 6 9 k - 72% 0856- 7254 0654- 7056 09 - 71%
07 - 70%
3d pref. iuc., 1958....5 37 - 41 k 39%- 67 5 3 k - 60 54 - 62% 59%- 64 00%- 03% 60%- 6 5 k 6 1 k - 65% 5 7 k - 02 01 - 8196
57%- 61 H
3d pref. iuc., conv— 5 4 2 k - 12 k 43 - 67 5 5 k - 61 k 56%- 65 61%- 66 64%- 65 63%- 67 64% 6 7 k 6 0 k - 61% (k - 64%
1
3
2
1
19 - 21
Referred income......6
1854- 2154 17 - 19
1796- 1894
1 7 k - 20 k 1756- 2096 195-1- 2096 1 9 k - 20
. jll5k-115% |__ - . . . .
P. C. & St. i .-1 9 0 0 ..7
103 -103k 103%-lOik 103k-104k 10456-10156 104 -104 102 -102k
P.C.C.& S t.L .—“A” .4%
^-102k|l01%102%
Series B, 1942....... 4 ^
1102 -102
_
P itts.C l.<&Tol.—1st.. .0 110 -HO
108k-108%
- ....|no%uo%
95
97
9 5 -9 5
P itts.P ain .& F .—1st g.5 9 2 k - 92 k 95 - 95
Pittsb. «fc W est.—1st. .4 *80%- 83 8 2 k - 84 82 83% 81% - 85 8 4k - 85% 85 - 8 6 k 84 - 8 4 k 84 - 85 S356- 8456 8 2 - 8 4 I 8 1 k - 83% 8 2 k - 83%
Pres. &; Ar. C.—1st, g.fj
...................
7756- 7756
---- - . . . . 106 -106
Proc. & G.—1st, 1940.0
Richm’d *fc Danville-Cousol....................... 0 109%-112
105k -H 0 106 -108 106 -111 106%-111 107 •108% 108%-109 108k-109 109%-109% 10S%-108%
Coupon off..............
105 -105k 105 -106 105%-105% 105%-105% 101%-105 102%-106%
8 8 -9 1
D ebenture............ 6
93 - 93
8 5 -8 5
90 - 90 ___ - . . . . 90 - 90
86 - 93
91 - 96k 89 - 91
90 - 90
Con. M., gold, 1936-5 82 - 83 82%- 85 78 - 85 75 - 77 76 - 80% 78 - 81 80 - 80 79 - 80% 75 - 75 74 k * 76 70% 75 67%- 73
119 -119
A tl.& C li., 1st, 1897.7
120 % - 120% . . . . - . . . . 121%-121k . . . . - . . . .
Rich, tfc W. Pt. T e r .83
88%
78 - 79
T ru s t.......................... 6 91 - 9 7 k ♦94 -100
78
81
79
8
0
k
78
87
90
75
86%
75567056
71k- 76%
82k
99
82%- 88
T rn st re c e ip ts.........
8 8 -9 0
8 6 -8 6
Con., 1st, col. t. s ..... 5 6 2 k - 08 k 6 4 k - 72 k *58 69 k 52 - 59% 53 - 60 4 1 k - 56% 4 2 k - 49% 46 - 4 8 k 44 - 50 49%- 54 46%- 50 42%- 46%
T rust receipts..........
5 1 k - 59
54%- 61
4156 - 6756
__ - ...
91 - 92% .. - __
R io Gr. June.—1st, g. .5
R io Grande South’n.,.5
85568656
8654- 8656. 84 -■84k 84 - 8556 85 - 8 5 k 8 3 - 8 4
8 5 k - 86 % 8656- 8656
R io G .W .-ls t, 1939..4 ♦76k- 78k 7 7 k - 78 k 77%- 79% 7 8 k - 81 8 0 k - 82 81%- 83 80 -- 80k 7854- 8054 7856- 7056 7 8 k - 79 78k- 79k 78%- 80
Rome W at. «fc ogden.—
112 -113
Con., 1st, extended...5 112%-H4 113k-H 5
-115 * lllk - 1 1 3 112%-113k 112%-113k H3k-■114 H 4 -115k 113% -lH l l lk - 1 1 3
. . . - . . . . ___ - . . . .
Ut. «fe Bl. R . - 1922..4 100%-101%102k-102k
102k-102% . . . . - . . . . I02k-102% 103 --103 101k-102
St. Jo . & G’d Isl.—lst.fi 95 - 97 k 95 - 96 k 97 -•100 98 -100 04 - 96% 94 - 95 94k-- 95k 96 - 96% 93%- 96 96 - 97 9 2 k - 93 93 - 93k
2d, income................. 5
39k- 39k . . . . - ... .
38%- 39
37k_
_
Coupon off................. 32 - 32
37 - 37
68 - 72% 70 - 72% 6 3 - 6 8
K an. C. & Oin., 1st..5
72 - &3%
8 0 -8 0
St. Louis A. & T. H .—
106 -108%
105 -105
...
.
.
.
1 st...............................7 108 -108%
107%-107%
107k-108
103k~104 104 -104% 104 -104% 104 -104% 104 -104%
104 -104 104k -104k 104%-105 105 -105% 106 -106k
2d, pref.......................7
. . . - ... 104 -104 __ - ___ 101 -102
2d, income................. 7 103 -104
104k -104k 105 -105 102 -103 103 -103
64
64
60 - 62% 6256- 6256
Dividend bonds.........6 65 - 55 55 - 55
64%- 64%
65 - 65% 65 - 66
- 65
100k-100% ....
Ch. St. ii.& P ad.,lst.5 102 -102
- ....112 -112
Belle. & So. 111.—1 st,8
110%-110%
St. L . So., 1st, gua .4
82 - 82
St. Louis «fc Iron Mi.—
1st, 1892
7 104 ■104% *101 -101%ioik-101%101%-102k 102%-103% 103 -104 103%-104%
1st, extended............ 5
108k-108k i o i k - 101% 101 -101% 101k-102% 102 -102%
- . . . . 10Sk-109M 109 -109 105%-106% 103k-103k
2d, 1897.................. 7 108 •109 109 -109k 109k-109k 109k-109% 10756-10756
104%-105% 104k-104% . . . . - ---A rkansas Branch — 7
107 -107 106 -106 106%-107 107M-108 104 -105
Cairo Ark. & Texas. 7 105 •■106 107 -107k 108 -109 I0?k-108 108 -108k 104%-104k 104k-105k 105 -105 104%-104k 105 -106%
83 - 84%
83)6
Gen. consol. & 1. g — 5 85k85 - 85% 85 - 86M
> 8 3 k - 84% 8 4 - 8 5 8456- 8056 85 - 85k 6 4 « -_ 8554 85 - 8 5 k 82*683%- 83%
85 - 85% 83 - 83%
Stamped, g u a r...... 5
84 - 81 k m u - &«4 8494- 8454
St. L. & Sau F ran.—
H 3 k -1 1 3 k
2d, class A................. 6 112k- 112k 114 -114 114k-l^k 115 -115 . . . . - . . . . 11156-U156 113 -113 11454-11454
11396-11356 .. . - . .. H3%-114 *1 1 0 -110k HO -111
Class B.......................6 112 - 113k U 3 -114 H3k-114% 115 -115 11156-11151 111 -112
113k-H
3%
1 1 3 k -H 3 k 113%-114 !*110%-1U 11056-111
Class C....................... 6 112 .■113 113 -113k 1 1 3 k -H 3 k 114k-H 5 *1H -112 lllk -1 1 2 % 1 1 2 k -H 2 k
E quipm ent................ 7 102 - -102
_
109 -110%
109 -109 109 -109
General m ort............ 6 106k- -110 107k-108 109 -109k I0 9 k -1 0 9 k I0 9 k -H 0 k i 0 9 k - n i 109 -109k
94 - 94
G eneral m ort............ 5 9 4 k -• 94k 94 - 94k 9 4 k - 96 96%- 96% 9594- 9756 96 - 9 6 k
07%69
I
66%- 68%
6756- 0856 6 5 k - 68
Consol, mortgage ...4
7094- 71J6 70)4- 70% 67 - 69
6 6 k - 67k 0096- 08
7 2 k - 73
7 1 k - 72
1st, T rust, 1987.......5 80 -■ 80
84%- 84%
65 - 67 l 63%- 65%
68% 6856- 7156 09%- 7 0 k 0894- 70
St. L. S. W.—1st 1989 4 7 0 k - 72 k 7 0 k - 72% 70%- 72% 71 - 72% 0 8 k - 70 67%- 69
30 - 33% 30 - 32% 30 - 31%
31
2d inc., 1 9 -9 ............ 4 3 4 k - 37 k 3 2 k - 35k 3 2 k - 34k 3251- 3356 30 - 32% 29 - 30
109 -109
110 -110
St.P.tfc D.—1st, 1931-5
108 -103 104 -106 103%-105 105 -105 106 -106
2d,1917..................... 5
.|109%-UO%
108H-10m 109 -109 109%-109k
108%-10S%
1H
-111
110
-111k
S t.P .M .& M .-1 st,’09.7 HO - 110 110%-110%109 -H I 110 -111
2d mortg., 1909..... 6 115k- 117 118 -118k 118 -119 11656-11656 117 -11756 117%-119 149 -119k 118 -118% 118 -11896; 11594-41594
D akota Extension— 6 116k- 116k 118 -118 118 -119 11856-11856111656-11756 118 -118 1 1 8 k -H 9 k 119 -U 9% 11856-11856 11056-4 1056
1st, conso.., coup. ... 6 118k- 121 119 -120
18056-12156 121%-123 122%-123% 120 -122%120%-122 119 -119k j HO - 121
R egistered..............t>
11856-11856 ---- - . . . .
101k-102%
1 0 0 k -l0 lk 10094-101 100k-101 j
-103 101 -102% 101k-103
Reduced to ...........4% 97 9 8 k - 99
9 9 k 101
J
I 88 - 90
90 - 9 2 k 1
S9 - 90
8 8 -8 9
88
90%
8
7
k
38
88
89%
l
87%88
M ontana E xt., 1st...4 87k8 8 k - 88k
.|114%-115%
llG k-117 116k-117 117 -117% lH k -1 1 5 115 -115 114 -115% H I -H 5 |
M ontana Ceut., 1st. 0 L12k- 115k H5%-115%
*.103%-104
103%-104% 102 -103 102 -102
1st, guar., 1937— -j 99 - 101 1 0 0 k -io ik 1 01k -103 .102%-104k 104 -104% 104k-105k
.. - . . . . ---- - . . . .
. . . - . . . . . . . - . . . . 117 -117
Mini" ”
1 <• #•

■Ex-interest.

THE CHRONICLE.

2b

[V ol. LVI.

1 S 9 2 —C o n c lu d e d .
JANUARY F e b r ’r y . MARCH.

BO N D S.

J

A PR II j.

une.

J

u ly.

A u g u s t . S e p t ’b e r . Oc t o b e r . N o y ’b e r . D e c ’b e r .

Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. H igh

S a n A . & A . P . - 1 9 1 6 . . 6 . . . . - ..
C6%- 80% 65 - 65%
T r u s t r e c e i p t s ............ ••• - ••
G5%- 65% GO - 06
1 9 2 6 ..................................... «
04% - 06
05%- 65% 66 - 60
T r u s t r e c e i p t s ............ j 61 - 0 6
00 - 06
H .F .A rN .P . 1 s t , 1 9 1 9 . .5
.. - ••
73%- 71
74%- 74%
75 - 75
S a v . A m . *& 3 I o n .—l s t . 6 . . . . - ...
79% - 82
79%- 80
8 . V . Sc N .E ., 1 s t . 1 9 8 9 . 4 77%- SI
S e c u r i t y C o r p .—1 s t . . . . 6 . . . . - ..
S o u th C a r o l i n a —
1 s t , e x A p r .,* 9 1 , c p ..6 107%-108% 108%-108% 10S%-108% 100 -10G%
99 t00%jl00 -100
2 d , 1 9 3 1 .............................6 93 -101
19 I 10%- 10% 14 - 14
10
I n c o m e s .............................. 6 19%~ 22
S o . H u e., C a l —1 s t .......... «j 112%-112% 114% -115% !ll6 -116 113 -114%
1 s t c o n s o l ., 1 9 3 8 — 5 j 99%-100%> 99%- 99% 99%-102% 100%-101

02 «2

GS%64 -

69 - 69

64%- 70

07%- 70

09 - 70

64 - GS% 67% 67% . . . . _
_
82%- 84
98 - 98

68 - 68

_

81Mr 8276 82%- 83% 81 % - 83
98 - 98% 98%- 98% 98 - 99

10776-10776 107 -107% 106%-106% 105 -105

69 - 70
96%- 97

07 - 69
66 - 69
97 - 97

67 - 73

81 - 83% 81%- 83
82 - 82%
98%- 99% 96 - 96% 9076- 9774
105 -105%

105%-105%

15 - 15
10 - 10
113 -113% 113 -113 113 -114% 11476-11176 . . . . - . . . . 11176-11174 112 -113 113%-113%
100 -101 9076- BBH 99%- 99% 99%- 99% 99%- 99% 97Vs- 8876 95%- 98 95 - 95%
_
S8 - 88% 88 - 8S% S8 - 90%
...
106%-107% 103%-104 102%-104 102%-102% 102%-102% 102%-102% 102%-103%
101 •102 % 102%-105% 105%-10G 105
103%-105%
106%-108%
105
-105%
105
-106%
105
106
-106
___
.
.
.
.
_
_ - . . . . 106%-106% 106%-100%
102 % - 102 %
95%- 97
94 - 95
93 - 96
94 - 94% 93 - 94
90%- 93
91
90 - 91
92%- 93
92 - 94
89 - 94
98 -100
93%- 95
93%- 94
93 - 93% 9376- &176 95%-100
96 - 96%
91%- 03% 92 - 95% 94%- 05% 95
97J4- 9774 9774- B714 9074- 9774
103 -103
106 -106
104%-104%
S4%- 85% 77 - 85% 76%- 81
79 - S4
83 - 84
83 - 85% 83%- 85
77%- 82% 80%- 84
79>6- S176 76%- 80
25%- 29% 25 - 30
30%- 34% 30%- 31% 30%- 32
27 - 33
27 - 33
29 - 32% 29%- 32% 26%- 29% 26 - 29

A u . & N .W ., l s t , ’4 1 .5 ... - . .
S o . P a c ., A r i z . , 1 s t . . . . 6 *101%-03%
S o . P a c ., N . M e x .—1 s t .6 101%-103%
T e n n . C .& I . —T e n n . D .6 90 - 02%
B i r . D i v ., 1 s t ...............6 91 - 92%
T . R i t . o f S t . L . —l s t .4 %
T e x a s C e n t .—1 s t , s . f. .7
T . Sc N . « . - l s t , 1 9 u5 .7
S a b . D i v ., 1 s t ................6
T c x . & P . - l s t , f f , 2 0 0 0 . 5 S2%- 84
2 d , g ., i n c ., 2 0 0 0 ........5 30%- 33%
T h i r d A v e n u e (N . Y .)
112 -113% 113 -113 113%-115 113 -113 11376-11376 112%-113 112 -113 112%-113 113%-113%
1 s t , 1 9 3 7 ......................... 5 110%-113
94 - 94
93%- 94
94 -100
97%-102
93 - 98
97 -100
93 - 98
95 - 97
99 - 99
92 - 93
93 - 94
T o l . A . A . & C . , 1 9 1 7 . 6 91%- 94
99%-101 100 -102 *96%- 97% 97%- 99
95 -101 100%-102 100 -102 101 -102% 99 -105 102%-105
T o l . A . A . Sc N. M ., 1 s t . 6 100%-103 102 -104
87%- 88
90 - 90
87H- 8876 83 - 88% 88%- 90% 90 - 90% 90 - 90
87%- 87% 87 - 87
S8 - 90%
1 s t . c o n s o l ., 1 9 4 0 — 5 S3 - 87% 87%- 88
110 -110 110% -110% 110% -110% 113 -113 110 -112% 112%-113 . . . . - . . . . iiiS jj-1 U J6 . . . . - . . . . 114%-116%
T o l . A . A . & G . T . - l s t . .6
99
-103%
103%-104
T o l . A . A . & l i t . P l . - 6 | . ..
T o l . & O h io C e n t .—1 s t .5 102%-104 104 -106 105 -105% 105 -105% 106 -106% 107%-109% 10S -108 106%-107% 106%-107% 107%-107% 107 -107% 106%-109
80%- 81
78 - 78% 78%- 79% 79%- 79% 80 - 82] 8176- 82 U 80 - 81
80%- 80% 80%- 81% S l% - 82% 81%- 82
T . P . & W . - l s t , 1 9 1 7 . 4 '77 - 78
94%- 97% 95 - 97
90 - 93% 90 - 92% 89%- 91
97%-101 *91 - 98
85 - 91
84 - 89% 85 - 91
95%- 9
T o l .S t .T i .& M - .C .—1 s t . 6 91 - 95
100%-103
103 -104
102 -102
107%-107%
I J l s . Sc D e l .—1 s t , c o n ..5
U n io n P a c i f i c —
1 s t , 1 8 9 6 .........................6 106 -107% 106%-107% 107%-108 107 -108 107%-109 109 -109% 106%-106% 106%-107 106%-10G% 106%-107% 107%-107% 107M-10876
1 s t , 1 S 9 7 ......................... 6 107%-109% 108%-109% 109%-109% 109 -109% 109%-111 110%-110% 107^-107% 108%-108% . . . . - . . . . 107 -108% 108%-109% 108%-109%
1 s t , 1 8 9 8 ......................... 6 *109%-10% 109%-110% 110%-112 111 -111%111%-112 112 -113% 109%-110 109%-110% 109J6-11076 109%-110% 110-J6-11056 11056-11176
112 -112 113 -113% 11176-1H76 111 - 11176 111 -111% 111%-111% 111%-111% 111%-112 11176 H374
1 s t , 1 8 9 9 .........................6 110?6-110%111 - 112 %
S i n k i n g f u n d ..................8 107 -108% 108 -110% 106 -106% 106%-106% 100%-107% i0 7 -107% . . . . - ___ 107%-107% 102%-104 102%-103 102%-103% 102%-103%
_
100% - 100%
C o l l a t e r a l T r u s t ........6
101 % - 101 % 100 -101 100%-100% 100 -100
98 - 98%
85 - 85
C o l l a t e r a l T r u s t . . . .5 88 - 88
... - .... 6 4 - 7 2
C o l l a t e r a l T r u s t . . . .4% 70%- 74% 73 - 74% 72%- 73% 73 - 73% 70 - 72 . . . . - . . . . . . . . - .. .
66 - 06%
6 8 « - 69% 67 - 68
96%- 90% 94%- 96% 94%- 96
94 - 96
95%- 98%
C o l. t r . n o te s , ’ 9 4 , g .6 95%-100 *95%- 97% 95%- 97
95%- 96% 93 - 93% 92%- 94
95%- 90
•JK .an.Pac.—1 s t , 1 8 9 5 . 6
106%-100% 109%-109% 107 -107% . . . . - ___ .. - . . . . 106 -106 105%-10G% 106 -106% LOS -106%
108%-108%
*106%-107 108 -108 108 -108
1 s t , 1 S 9 6 ..................... 6
107%-108%
109%-110%
109 -111 109 -111 111% - 111%
D e n v e r D iv ....... ....... 6
112 -112 112 -112 109%-111
1 s t , c o n s o l ....................6 108%-110 109%-111 111 -112 112 -114 109%-110% 109%-109% 109%-109% 109%-110 111 -112 111%-112 108%-109 107%-108%
_
_
_
C e n . B r ’ u e h U .P .s .1 .7
100 -100
S3 - 85
84 - 85
A t . C o l. Sc P a c .—1 s t ..6 8 4 - 8 4
83 - 83% 82 - 83
83 - 83
82 - 83% 80 - 80% 30 - 80%
81 - 83% 82 - 84
8 4 -8 5
_
_
_
A t . J . C o . & W ., l s r . 6
‘O r e g . S l i . U in e —1 s t . . . 6 100%-108 105 -105% 105 -106% 103%-105% 103 -104% 101 -104 103%-1C6 i.02%-103% 102%-103% 104 -105 104 -104% 102%-104
74 - 75
O r . S h . L . & U .N T.,c o n .5 80%- 82% 82%- 83% 81%- 82% *75 - 80
73 - 75
74 - 75
7 3 -7 7
74 -79
72 - 74
72M- 73>6 74 - 74
C o l l a t , T s t . , 1 9 1 9 , g . 5 80 - 83% 81%- 81% 79 - 79
75 - 79
76 - 77% 75>4- 7574 71 - 75M 7276- 76
70 - 70
73%- 77
73 - 75
U ta h S o iit h e r u —G e n .7 102 -102 102%-104 105 -105 105 -105 105%-10G 101 -103% 103 -103
. . . ~ . . . . . . . . - . . . . 102 -102% 101 -101 102%-103%
_
104 -104 104%-100 103 -103 101 -101 100%-100% 100%-100%
E x t ’ n , 1 s t , 1 9 0 9 ....... 7 100 -100
100%-102% 102 -103
U . P a c .D e u .& G .C o u .5 75%- 77% 75%- 77% 75 - 76% 4%- 76
74 - 75%
70 - 70% 69 - 70% 68%- 70
69%- 72% 70%- 71% 67%- 69%
80 - 80
74%- 77
V n . P n c .L .& C o l .t l s t .l }
74 - 74
74 - 74
75 - 75 . . . . - . . . . . . . - . . . .
7276- 7276 74 - 74
107%-107%
U t a h Sc X o r t h ’ n —1 s t . 7
81%- 82%
V a . M id .—G e n ., 1 9 3 6 . . 5 78 - 82% 82%- 85
80 - 82% 79 - 80% 80%- 83 . . . . - ...
76%- 80
80%- 81
78%- 81
77 - 80
G e n ., c u a r .s t a m p e d .5 80%- 85
8 4 -8 7
80 - 80
80 - 83 . . . . - . .. 80% - 80% S0%- 81
79%- SO
80%- 81
79 - 80% 81 - 81
V a l l e y R y . o l O . - C o n . 6 105 -105 105 -106
W a b a s h —1 s t , g , 1939..5]l03% -104% 104%-106 104 -105% 105%-107 *103%-00% 105% 106 105%-106 105 -105% 103%-105% L05 -106 103 -104% 102 -104
2 d m o r t ., g o ld , 1 9 3 9 . 5 82%- 85 1*80 - 82% 79%- 81% 80 % - 81% 81%- 84% 83 - »3% S3 - 84% 80%- 81% 7876- S07* 79 - 81% 7976- 8174 7074- 8174
D e b . i n c ., 1 9 3 9 , s . B . 6 45 - 50 | 42 - 4 7
44 - 44% 43 - 45
40% - 43
37 - 39 __ - ___ 37%- 38
36 - 38
38 - 41% 40 - 41
38 - 38%
S t . U . K . C . & N . R ’ i E .7 107%-107% 107%-108 104%-104% 104%-108 106 -108 107%-10S% 108%-108% . . . . - . . . . 105%-10G 105J6-10556 106%-10G% 106%-106%
N o . M o .—1 s t , 1 8 9 5 . 7 106%-106% 106%-107 107 -107% 108%-108% 108%-108% 109%-109% 105%-106 106%-10G% 106%-106% 107 -107 . . . . - . . . . 107%-108
S t . C '. B ’g e , 1 s t , 1 9 0 **.6 107 -107 1107%-108 109%-110
'109 -109
W a r r e n —2 d , 1 9 0 0 . . . 7
118%-11S%
W . N . Y . & P e n n .—1 s t . 5 *99 99%-101% 100%-101%] 101%-102% i103%-105 103 -104% 102%-103 102 -103% 102%-103 102%-103% 102%-103% 102%-105
2 d M ., g ., 1 9 2 7 . . . . 3 - 5 32%- 34% 32 - 35% 32%- 34% 31% - 32% 33 - 34% 31%- 33%
32%- 34
30 - 32
3174- 3376 31%- 32% 32 - 33% 33 - 34
W e s t ’ u U n io n T e l ’g b .—
C o u p o n ...............................7 115%-117 117%-118
115 -115
115 -115 .. . - . . . . 114%-115 114%-114% 115%-115% . . . . - . . . . 113%-113%
R e g i s t e r e d ......................7
_
_
_
117 -117
116%-116%
112%-112% 111%-113%
C o l l a t e r a l t r u s t ....... 5 100% 102% 102%-104 102 -103% 103 -104 103%-105% 105%-106% 104 -105% 103%-105% 103 -103% 103 -104% 104 -105% 105%-106%
W h e e l . & L a k e E . 1 s t .5 105 -106 105 -105 100 -106 104 -104 105%-105%
_
_
_
109%-109%
104% 105%
C o n s o l .............................. 4
75 - 76
70%- 76%
E x t . d c I i n p , , g . , 1 9 3 0 . 5 95%- 95% 94 - 94% 94 - 95
94%- 94% 94%- 94% 94 - 94
90 - 92%
92%- 92%
W h e e l , D i v ., 1 s t ........ 5 101 -101
W h . JL. E . Sc P , C o a l .. .5
87
84 - 86% 83%- 84%
80 - 80%
73%- 75
75
75
W i s . C e n t. C o ., 1 s t , g ..5 92 - 93%
92% 90 - 92
91% - 93
91%- 93
90 - 90
92%- 95% 92%- 93
90%- 92
90 - 90% 90%- 91
90 - 90%
I n c o m e , 1 9 3 7 . . . . ..........5 41%- 42%
36 - 36
32 - 36
36 - 36 . . . . - . . . . 32%- 34% 33%- 34
34 - 37
32 - 34%
W o o d ’ k I r „ 1 s t , 1 9 1 0 . 6 70 - 70
68 % - 68 %
59%- 59% . . . . - . . . . . . . . - . . . .
.... - ....

_

_

RAILROAD AND MISCELLANEOUS STOCKS IN YEAR 1892.
JANUARY F e b r ’r y . MA-RCH.

STO C K S.

A

p r il

.

Ma

y

.

J

u n e

.

JU L Y .

A

u g u st

.

[ S e p t ' b e r O c t o b e r N o v ’b e r . ! D e c ’ b e r .

Low.High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. H ig h 1Low .H igh
R A IL R O A D S .
A l b a n y & S i i s q n e h a n m i 101
:
-102
A tc h is o n T o p . Sc S . F e .. 4076- i«76
A t l a n t i c Sc P a c i f i c ...........
0 - 5J6
B a l t i m o r e Sc O h io ...........
^
B e n e f i c .i n t e r e s t c e r t s .
- B a l t . Sc O . 8 . W . - P r e f .
5 - 6
S B e l l e v . Sc S o . I I I . —P r e f . 125 -130
B o s t . & N. Y . A i r - L a , p r fjj101%-102
B r o o k l y n E l e v a t e d .......
31 - 32
B u f f . K o c h . Sc P i t t s b . . .
38%- 43%
P r e f ...................................... 79%- 8J%
B u r . C . R a p . Sc N o r th ...I 36 - 40

x

Ex-dividend,

160 -165 160 -160
165 -165 160 -160 165 -165
37%- 42
36%- 40% 34 - 38% 3276- 3076 3876- 3074 35 - 39% 37%- 40%
4%-5
T%- 4% 4 - 4% 1 - 1 7 6
4% - 4%
174- 174
96 - 97% 95%-101% 97%- 99% 9776- 9976 9676- 9774 95%- 99
96%- 98
95 - 96
4% - 5
4% - 5% 6 - 5 5 6
576- 676 176- 176 176- 574 &A- 5%
L30 -130
101%-101%
10076-10056 LOO -100% 100%-101% 10076-10176
38%- 40
70 - 80>«
45 - 50

35%- 41% 36 - 40% 3974- 1174 1276- « 7 4 41%- 43
79%- 83% 80 - 82
82 - 8574 WT6-8874 87%- SS
49 - 50% 50 - 50% 55 - 55
15 - 15

*Ex-interest,

165 -165
35%- 38% 3776- 1076 34% 4 - 4% 176- 476 4% 93%- 96
9376- 9076 x93 91 - 92
93%4% - 5
576- 774 6% -

39% 32% - 36%
5% 4 - 4 %
97% 93 - 95%
93% 93%- 93%
0% 5% - 5%
139 -139
101%-101% 10076-10076 101 -101

40%- 43
37%- 39
36%- 38
86 - 87
84-87
x85% - 88
52%- 52% . . . . - . . . . 55 - 65

36 - 36% 36 - 37
86%- 8Q% S5%- 86
60 - 60

J

an ua ry

THE CHRONICLE.

7, 1893.]

27

1 8 9 $ —C o n t in u e d .
J anuary FJSBR’RT. Ma r c h .

A p r il .
Ma y .
JULT.
AVGUST. SEPT’Bim, Gotobeh. ! n <ivmikr Dtc'BKJ,
Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low.High Low. High Low. High Low. High Low.rxigh
C a n a d ia n P acific. . . . . S8%~ 94% 88%- 90% 86%- 90 88 - 89% 88 - 90% 88%- 90% . ... - .... 83%~ 89% 87 - 87 80 - 80%
62
60*- 62* 60%- 64% 59%- 62 58% - 61 57%- 60 x56 - 60% 58 ~ 60% 51*- 68 66%- 68% S5%- 58% Fif, C a n a d a SoiiflieKii.......
STO CK S.

7U -

C e n tr a l of N n v J m e y .
C e n tr a l P acific ..... .....

77A,

35

S3 - 32

114%-145 136%-1‘H 135 ”143 137%-142 135%-140 135 -139
32 - 32% 30*- S3* 31*- 31* 80»- 3136 30 - 8336 30%- 31
_
30 - 34% ... - . _ 30 - 30 31 - 31

182 -137* 128fe-18856 127%-133
29%> 30% 28 - 20% 28 —20% mK%rr m
_
_

T

r

p?t4_

C h e s a p e a k e tfe O h io —
V o tin g t r u s t c e r t . . . . . . .
1 s t p r e f . ......................
3 d p r e f ... . . . . . . . . . . . . ..ii
C h icag o <Sc A lto n ..........

24%- 28 m i - 26% S3*- 20* 23 - 24% 22 - 2 1 % 22%- m u 23 - 25 28*- 25* 2!M- 23% 22%- 23% 22%- 24% %l%~ 2HJLf
5Q - 64% 60 - 63% 00 - 62% 60%- 02% 61 - 63% 61 - 62 00%- 63% 02%- 63% 60%* 60% 60 - 01 l¥)%~ 60% Art _ t>| kj
88*- U % 42 - 43% 41 - 43% ‘10J4- 43% 4-2 - 43% 41%- 43 4256- 4856 43%- 44% 12*- 12* 42 - 12 - 40U~ 41
ll%£~ .t*>,%
£
189%-142 144 -145 144 -147 150 -150 149 -153 148%-152 150 -154 147 -153% 146 -148 1 « -147?-,, 140 '145 140’ -H 5
,
_
_
163 -163
165 -165
_
_
_
xl03%-09% 104%-10$% 106%-110 101%-107% 00S6-1O3J6 98%-102% 100%-103% 95 -100% 97^-104% x98%'10l% m
C hic. B u r l. & Q u in cy ...
_
_
_
_
*73 - *80 *65 -*82
C h ic. & E a s t e r n I I I ....... 67%- 70 6G%- 68% 62%- 65 63 - 03 63 - 64 61%- 62 61 - 61 60 - 60 60 - 60 61 - 63 02 - 71% 67%, /to"l£
T r e f ................................... 98 -103 100%-104 99%-102% 98 - 99% 99%-10l% 98%-101% 67%- m u 98%- 99% 96%- 98% 97%-iOO 99 -102 96%-30i
C hic. M il. & S t. P a u l . ... 77%- 83% 76%- 81% 7&7%- a m 7656- 8056 76%- 79% 76%- 84% 79M” 84% 81«- &156 7 6 # 82 77 - 81* 77*- 81J4 75H - 70%
1203-3-126 124%-128% 122*-128* 122 -124 123 -124% 123%-128% 125 -126% 126 -127% 124%-127 122%-12-f 120 -124% 11914-122*4
P r e f .......................... .
C hic.
N o r th w e s t......... 114%-119 110 -118% 1 1 7 % -m % 118%-121% 118%-121% 115%-119% 114%-llS U5M-11856 tn % rii m U4%-117 Xlll%*16% ll'.'«-xisjf
P r e f .... ............. .............. 141%-145% 143 -145 144 -145 143 -144% 144 -147% 143%-146% 144 -146 143 -144 142 -113 141%-143 X1S9-11S 140 -1424/
C h ic. K. I . & P a c ific ...... 88%- 94% 87*- 62% 85 - 90% 83M- S8M 7736- 8636 7536- 8256 77*- 8156 79%- 83% 77%- 81% 79*- 81?f 70*- 81* ~0%- 84%
C h ic. S t. P a u l ®L. <fc 0 ... 44 - 50% 40%- 49% 46 - 50% 46 - 49% 4736- 5336 4734- 5136 47 - 60« 49*- 5456 47%- 53 51%- 53% m i - 62* *S - 10*
P r e f . . . . . ........ .................. 108M-114% 114 -116 llt* -1 1 7 * 114 -116% 116 -123 120 -123% 117%-120 120 -122% 115%-119% 11S%“119% 118-5jH19% 116 -120
C lev , C in . C hic. ifc St.JL. 70H- 75 69%- 73 69M- 73% 68K- 71% 66%- 70 04 - 68% 64%- 67% 64%- 67% 59%- 64 0S*- 05* 60*“ 66* 57 - 01%
P r e f . . . . ......... ................... 95 - 98 96%- 98 98 - 99 98 - 98% 97 - 98% *97%- 98% 95 - 98 98%- 99% 96 - 99 96 - 98 95%' 97 01%- 95
C lev e. & P i t t s ., g u a r . ... 150 -154 150 -151% 150 -155% 151 -154 152 -152 154 -lc6 155 -155 154 -154 161J6-165* 155%-156% ... - .... 1.55 “1b5
_
_
_
_
25%- 25%
16%- 16%
C ol. H o c k . V a l. & T o l.. m & - 32M 3 m - 83% 29%- 31% 29%- 34% 33%- 40 3554- 3836 34%- 36% 32%- 36% 30%- 32% 27%- 31 27*--31* 87 - SOSfcf
66 - 71 69 - 71% G8%- 71 71 - 75M 7 i% - 80% 76H - 8034 7!>%- 76 U 78 - 77* 74 - 75% 73 - 74 71 - 74 71%“ 74
P r e f . . . . . . . . ............... .
D e l a w a r e *fe If u d s o n ... 122%-127 124%-145% 137 -145% 138%-149% 141^-14736 136 -142% 135 -138% 13SM-130* 125 -133% 133%-137 W95S-133* 127*-131«
D e l. B a c k . & W e s te r n .. 138*-118* 144 -167% xl56%-166 154 -165 150%-159% 154%-159% 154%-160 155%-159 150 -156 152%-155 160*-16t* U 7 -186*D e n v e r *feBio G ra n d e .. 17 - 19% 10%- 19* 17%- 19 1756- 1836 17 - 1?% 1036- 17 16*- 16* IS - 16* 15 - 16 IS*- 17* 16 - 18 16*- 16*
P r e f ................ ................. 45 - 51% 17*- 62% 51%- 54 49%- 53 50 - 52% 48 - 51% 48%~ 49% 4S*- 50* 46 - 49% 48%- 53% 51*- b lU SO*- S3*
6%- 7 .... - ....
D e s M . & F t . D ............... '7 *- 8* 7M- 8
6 -6
.... - .... 5 - 6
7*- 6% 8*- 0* O il- 9% 9 - 9
m - n%
t _
f..
:li.J 24 - 24
M
6*- 6% 6 - 6 %
D u lu th
S . & A t? ........ 6M- m
6 -7
7 - 10% 8H - 12M 10 - 12% 11 - 1456' 1 2 - 1 4
13 - 11* 11 - 13* H - 11%
P r e f .................................. 15 - 16% 14 - 15% 14 - 15 15 - 16 16 - 28 26 - 36% SO*- 8856 32 - 34% 2?%- 32% 29 - 31% 27% - 31% 20*- 20*
7 -8
4%- 5% i % - 6% m - 5
5*- 7% 4«- 6% 436- 5
4 - 456 4*- 4* 4%- m
E a s t T e n n . V a. & G a —
m - »u
s* - m
_
_
.. _
_
_
4%- 5% 4Va.- 5%
_
31%- 31% S2 - 34 31*- 33* 22*- 22*
1 s t p r e f ........................... 46 - 51% 50 - 50 45 - 45 40 - 40 35 - 37 3036- 3036 31 - 35
_
_
_
_
_
38 - 38
3 d p r e f ............................ 14%- 19% 15%- 20 15 - 20 12%- 16 12 - 13% 756- 12* 10 - 10% 10*- 1056 956- 1154 io%- ai
10 - 10% 6%- 9
_
_
_
_
_
12%- 15 11%- 14
_
E v a n s v ille & T . H a u te . Xll9%-124 120%-123 124 -129% X124-138 136%-140% 136 -136 136 -145 180*-130J6 136 -151 147 -150 139%-M8 143 -140%
18 - 18 .... - .... 20 - 20% 19%- 21%
F lin t «& P e r e M u r a . . — 25 - 27% 25%- 28 26 —28% 27%- 2S% 23%“ 23% 21 - 22 19%- 20
_
_
_
—
81%- 82% SO - 87
73 - 74%
P r e f . ............................. .
80 - SO
_
_
7 -7
134
-137%
G r e a t N o r th e rn , p r e f.... 119 -124% 123%-128 129 -142 tl24%-139 125 -127 123 -136% 133% M3 140 -144 137*-137*
1S234-13J* 129 -135
_
_
_
_
_
. asd L
13 - 13 12 - 13
_
_
_
G r . B a y W in . & S t. P ... 10%- 12% 9%- 10% 10%- 11% 8%- 9
9%- 10%
10%“ 12% 11%- 12% 11%“ 15% 13%- 14M
9%- 10
...
.. _
23 - 27% 23 - 24% 24 29% 2614- 38
255%-259
4%- S% o,' - 7
€ * - 6*
H o u s to n
T e x a s C ent. 4 - 4
..... ~ ...
3
3
s* - m
8 - 3% 3%- 3% 5 - 5
I llin o is C e n tr a l ............. io7%-iio 105%-109% 104%-107% 103%-105 102%-104% 101 -103% 102%-103% 99%-103% 95%- 99 98 -101% 101 -103% 97 -106%
C e a s e d lin e , 4 p , c ....... 92 - 96 91 - 92 90 - 91 90 - 90 92 - 92 .... - __ 87 - 90 90 - 91 90 - 91 91 - 91 91 - 91 88 - 88
I o w a C e n tr a l................. i m - i s * »>!.- U H 11%- 13% 11 - 1156 10 - 1136 10 - 10% s% - 12% 11%- 13% 10 - 11 10*- 11* 10 - 11% 9 - 10%
P r e f . . . . . .......................... 46 - 52% 17*- 56% 48%- 54 42 - 44 39 - 43 41 - 43 41 - 44 42 - 43% 35 - 40 30 - 39J4 31 - 36 31 “ S3
,
_
.5, ..
_
K a n a w h a & M ic h ig a n . 12 - 14 13 - 13 .... - ... 10336- 10% 10%- 10% .... - .... 12 - 12 13 - 13% 13 - 13 13 - 13 13 - 13 13 - 13
_
_
r
„
...
....
4%- 4% 6 - 6
_
P r e f .. . . . . . . . . . . . . . . . . . . . . . . .
1314- 13%
15 - 16%
7 '_
14 - 16
H a k e E r ie
W e s te r n .. 20%- 23% 21%- 27 25 - 26% 25 - 27,% 23%- 26 23M- 36* 23%- 25% 23*- 26H 22 - 24% 23%- 25% 23 - 25% 21%- 23%
P r e f . , . . . ............
«0M- 7 t* 71*- 78* 74%- 76% ■74%- 80 76 - 78 74%- 77 74 - 77$k 71H- 77* 72 - 76-M 75%- 79% 71*- 78* 7 3 * - 70*
L a k e S h o re .................... 120 -123% 122 -125% 125%-140% 130%-136% 130%-135% 131%-135% 130%-135% 133 ”136% 127 -133 131 -134% 129%-1343£ 127%-13.2%
L o n g I s la n d — -------- .. 95 - 97% 95%-100 99 -103 101 -102 101 -102 102%-112 109 -111% 107%-110% 105 -109 103 -106 102%-103%, 100%-104%
_
_
_
10%- 11
_
__
20 - 20 20 - 21 20 - 20% 25 - 25 L o u . E v . & S t. L .—‘Con,
21%- 24 25 - 26 21 - 22 21 - 21
20%- 21
.... _
50 - 53 49 - 50%
51 - 53% 5 5 - 5 5
L o u is v ille <fe N a sh v ille . i m - m i 72%- 78% 71%- 75% 71%- 76 73 - 773f 70M- 73J6 6956- 72* 67%- 71% 64%-* 68% 6GM- 70% 6S%- 71?s 69%- 71%
24
27
23*- es?.( 22%“ 25 ■
L o u isv .N e w A lb .& C h ic, 26 - 31 26%- 29% 24%- 26% 23%- 27% 2434“ 2736 24 - 27 24 - 26 25 - 26 20%- 25
L o u asv . S t. L . & T e x a s 14%- 18% 15 - 19% 19 - 24 21%- 23 20%- 22% 19 - 21% 21 - 21 20%- 23% 21%- 22% 21%- 22% 21%- 26% 21 - SO*
..
..
100 -100 .... “ - _
- ..... 108%-110
P r e f ....................... .
_
_
M a n h a tta n C o n so l........ 104 -119 113 -118% m m z m 118 -125% 122 -134% X128-134 127 133% 131%~139 125%-135 132 -135% 128 - i s m i s a
_
_
... - . . .
M a n h a tta n B e ach C o...
3%- 3%
** - t *
4 - 4
6 -8
- ....
M e x ic a n C e n tr a l ......... 19%- 23% 19 - 20 19%- 25 "
16%- 18 .... - .... 15*- 15* *15 - 17% 15 - 15% 14 - 16% 14 - 14% 10 - 129j£
. ■■_
.... - ....
M ic h ig a n C e n t r a l ........ 104 -108% 106 -108% 107%-117 109 -111% 108 -11036 107 -109 *04%-l 08% 107 -109% 103%-10G% 107 -110% 105%-110% 102 ”107%
.
.... - ....
M in n e a p o lis &; S t. L .... -8 10U 8 - 9
8%- 10% 10 - 14 11H - 12* 10.%- 12% 10*- 17* 15-M- 21% 16 - 17% 16*- 18* 15 - 17% 15%- 19
43 - 49%
45
47%
43%46
P r e f . . . . . . . . . . ........ .
20%- 24 1S%- 20 18 - 24 21%- 30 26%- 30 2S%- 30 27%- 39% 39 - 48% 42 - -J?
M o. K a n s a s & T e x a s ... 18*- 20M 16%- 18%
18M 16 - 17% 15%- 16% 1436- 16* 145^ 15* 14%- 15% 14 - 14* 14 - 15% 14%“ 15%
P r e f . . . . .......................... . 29 - 33% 28%- 32% 27M- 30% 27 - 29 27 - 29% 25 ” 28 2-1*- 37* 2536- 2856 24*- SW* ■26 - 27 24%- 20>g -4%- -6?-£
M is so u ri P a c ific .........
59 - 65% 61 - 64 59%- 63* 67Sf- 61% 54%- 60% 54%- 59% 6G«- 6156 5SM- 63 5796- WS4 61%- 63J^ 55%- 63% t>3*- o f*
M o b ile & O h io .... ......... 3 m - i m 36*- a u 38 - 40 36%- 38% 38 - 42 38%- 38% 36 - 37 __ - . ... 35 - 37% 3o%—3o% 33 - So
M o rris
E s s e x ....... . . . . 143%-145 145 -146% 144%-147% 145%-147% 147%-150 145%-148 M8M-149 149%-155 152 -154% 151 -153 152 -154% 15054"lc>4%
S3 - 89
N »s!iv. C h a tt. <fc S t. Jj . . . 8 8 - 9 0
- ... 853:3- 80 87 - 91 90 - 91 .... - __ 87%- 87% 8 4 - 8 7
86 - 87 85 - 87
.... - -. N ew p ’ t N. & M iss. Y a l. 15 - 17 14 - 14 12 - 12 11 - 11 .... - .... .... - .... 14*- I t * 1336- 13?6 .... - ....
K. Y. C e n t. & H u d . itiv . U 2 « -iie * US*-116M 1 1 3 % -n e u 113%-115% ii.3%-ii5% 111%-114 10956-118* 111%-114 107%-111%| 108%-MP% 109M-I13
10
"
1
i
T
fi
15%
N, Y, C h icag o & S t. L ... 19 - 22% 18%- 20 i s * - 2m 1836- 18 16M- 18 16 - 1736 15%- 18 17*- 18* lo%- 17?6
1 s t p r e f . . . .... . . . . .... . . . . 78*- 81* 75 - 77 76 - 80% 71M- 7556( 7 2 - 7 5
72 - 72%f 73 - 73 73%- 73% 71*- 71* 71Js- 7o
33 w
36%- 38% 36 - 37%! 33%- 36% 38 - 39 32%- 35
N. Y . L a c k . & W e s t ....... 108*-li0* 110%-lH 109%-111 !107«-107iif 1113^-11136 111 -111 11S%-11S% 112 -113% 113 -113 111 -113 ... - ....
24
21
%
N, Y , L a k e E r ie <fcWcst. 29%- 34% 29%- 34% 29%- 33% 2B%- 32% 27%- 31% 25%- 28% 2556- 2856 26%- 29% 24%“ 26%
tL ,
P r e f . . . . . . .......................... 70*- 75* 71U - 76% 73
77% 71 - 75% 65 - 73 63%- 67 02M- 68% 64%- 69 01 - 63%
41%49%
33%42%
N, Y , & N ew E n g la n d ... 48?J 52* 46%- 56% 45%- 59 36%- -16% 37- 40 34 - 40% 35H r 37% 3056- 37*

* Ex-aiTifleca.

1 Ex-rights.

THE CHRONICLE

25

[VOL. LVI.'

1 8 9 2 —C o n t i n u c d .
JANUARY FEBR’RY.

STO C K S.

MARCH.

APRIL.

MAY.

JU K E

Oc t o b e r . N

Low .iligh Low. High Low.High Low.High Low .iligh L o w .iligh

N . Y . N . H a v e n Sc H a r t f .
N . Y . Sc N o r t h e r n -------P r e l .......... ......................
N. Y . O n t a r io & W e s t ...
N . Y . P a . & O h io ............
P r e l . . . . ...................................
N. Y . S u s q . & W e s t .......
P r e t .........................................
N o r f o lk Sc S o u t h e r n . . . .
N o r fo lk d : W e s t e r n .........
P r e f ......... ...........................
N o r th e r n P a c i f i c ..............
P r e f . .......................................
O h io Sc M is s is s ip p i..........
O h io S o u t h e r n ....................
O m a h a Sc S t . L o u i s p f..
O r e g . S h . L . Sc U ta h N o.
P e o r i a D e c . Sc E v a n s v .
P e o r i a Sc E a s t e r n ............
Philn.t& r R . V o t . T r . c c r t .
P i t t s . C in n . C h . Sc S t . L
P r e f ....................................
P itts . F t . W .& C ., g u a r.
S p e c in T ............................
P i t t .A : W .—P r f . t r . r e c t s
R e n s . Sc S a r a t o g a ............
R ic h m o n d & W e s t P t . . .
T r u s t r e c e i p t s .............
P r e l ......................... ..............
T r u s t r e c e i p t s ..............
R i o G r a n d e W e s t e r n ....
P r e l ........................................
R o m e WTa t . Sc O g d en sb.
S t . J o s . Sc G r . I s l a n d ....
S t . L o u i s A lto n Sc T . H
P r e f ......................................
S t . L . Sc S . F r a n . , 1 s t pf.
S t . L o u i s S o u t l i w .......
P r e f e r r e d ......................
S t . P a u l Sc D u l u t h ..........
P r e f . .......................................
S t . P a u l T lin n , & M a n ..
S o u th C a r o l i n a ...................
S o u t h e r n P a c i f i c C o .......
T e x a s Sc P a c i f i c ..........
T e x a s tfc P a c . L a n d Ti\.
T o l . A . A . Sc N o. M i c h . .
T o l .& O h i o C e n t r a l....
P r e f .......................................
T o le d o P e o r i a Sc W e s t .
T o l . S t . L . Sc K a n . C ity
P r e f .............. ...................
U n io n P a c i f i c ................
U n io n P a c . D e n . Sc G u ll
U n ite d C o ’ s N . J ...........
V i r g i n i a M i d l a n d .......
W a b a s h ............................
P r e f ...................................
W a r r e n .............................
W h e e l i n g Sc L . E r i e . . . .
P r e L .................................
W is c o n s in C e n t r a l C o ..

224 -227% 220 -227
17%- 26
18%- 22
i - m
n t~ i
10%- 13
4 W - 60 '4
.. - ...
16 - 18
49%- 56
23 - 26%
65)6- 72)6
22 - 24
10 - 23

16% 1856.... 1)611 49 __ 11)649 23%66%21 20 -

21
2 AH
....
2
1156
59%
....
15
51%
25%
71
22%
23%

242 -250

225 -230
16%- 18
18%- 21%
5656
1 - 1 %
12)6- 11)4
54%- 60
... - __
14)6- 1154
49 - 51%
21%- 23%
60)6- 68)6
22%- 22%
2254- 37)6

10)618%.... i 111455 __ 14 47%21%58%21 26 -

242 -252

246%-246%
13%- 14
19 - 26%
18%- 20%
%%

17h 15 - 17)6 16)6- 1756 15 - 10
21
....

m
13)4
58%
....
1456
50%
23
62%
21
35

25%- 28
18)4- 20)6
9 - 11%
53%- 02%
23%- 25
60 - 64%
153 -155
__ - ---39%~ 45%
175 -175
856- 11)6
9%- 11
50 - 62
5G%- 58
38 - 41
37)6- 37)6 37 - 39% 37 - 38
71 - 72%
70 - 71)6 08%- 70
70 - 74
110 -112% 110% 111% 110%-110% 110%-112
9 - 9 %
32%- 33% 32%- 33
39%- 40
33 - 38
132 -132 __ - ___ 128 -128 150 -150
78)6- 76)6 78)6- 78)6 77%- 79
79 - 79
9)6- 11)6 8)6- m
8 - 9
7)6- 9
18)6- 2256 17 - 19% 16 - 18% 16 - 18%
44%- 48% 43)6- 10)6 42)6- 43)6 42%- 45%
103 -106 103 -106% 103%-104% 104%-105%
112%-116% 112 -113% 113 -114% 112 -113%
1 - 2 %
3)6- 1)6 2 - 4
154- 154
39%- 41% 38%- 40
37)4- 40)4 37 - 37%
12 - 14% BH- 12)6 10 - 11% 10)6- 10)6
15 - 15
14 - 14
11 - 15% 13)6- 14)6
23%- 27% 25 - 27% 24 - 25% 23 - 25%
46 - 48
49 - 52% 49 - 50
49 - 49
83 - 83
8 6 -8 8
8 4 -8 4
81 - 81
17%- 20
20 - 20% 20%- 22
21)4- 24)6
8% - 15
14 - 26
21 - 21% 2056- 21)6
25 - 28
25% - 30
30 - 31% 29% - 32%
45%- 50% 44)6- 19H 44 - 47% 42%- 46%
20 - 25
19%- 22
19)6- 2256 19 - 20%
224%-224% 223 -223
38%- 38%
12?6- 1556 12%- 13% 12)6- 1356 11)6- 13)4
28)6- 33)6 2856- 3156 27)6- 30)4 26)4- 29)6
2 8 -3 1
25%- 29
19)6- 2 OH 19 - 20%
13 - 13
11 - 13
52%- 59%
40%- 65
25)6- 27)4 25%- 26%
64 - 66% 62%- 63%
152% 153% 153- 154
___ - ___ 142 -143
40 - 42
39%- 43
170 -171% 170 -171%
13H- 11H 14)4- 17)6 10%- 16%
10%- 1056
60 - 73% 69%- 79
59%- 78

2836- 33)6
1 W - 22)6
15 - 15%
38 - 42%
2656- 3056
04)6- 0756
153 -154%
141%-141%
S9%- 43
164 -170

_

_

1856- 1 9 «

18 - 19% 18 %- 20 %

1 11)455 50)612%40%18)651%20%22 -

1 - 1
1354- 3556
63% • 66%
53 - 54
11 - 11
46M- 40)6
19 - 20%
51)6- 57)4
21 - 21
27 - 32

1
16)6
66
64)4
13
48
21)6
59%
20%
20%

22 %- 26
17)6- 19)4
8)4- 8)6
58%- 62
2 3 -2 4
61 - 63%
151%-155

o v ’b e r

%- %
13 %60 57 10% 43 19%53 %21 30 %-

15 %
66 %
57
11%
45
21 %
59
21 %
30%

3414 )4 66 56 11 )643 20 )6 55 20 ) 630 -

VA
10)4
69 %
59
11)6
4454
21)6
58)4
2154
30)4

1 13 %63 58 9 37 ) 41756 47 )619 28 -

230 -241
12 - 14%
21%- 25%
18%- 20%

245 -255
13 - 13
23 •- 28
18 - 19 %

1
56%
%10% 16 - 20% 17 A - 20)4 15 %06)6 65 - 73% 69 - 74
64 %60 - 61
59 - 59
61
60 11
10 10)4- 11M 10% - 11
42
39 - 40% 39%- 41
37%20)6 18)6- 19)4 17)6- 18)6 15 55)6 49)6- 52)6 49)6- 52i i 44 %22 - 23
21% 20)6 2 0 - 2 4
29
26 - 30
30)4- 41)6 40 -

22% - 23
22 - 23% 23 )4 - 25)6 21 )4 - 22
16)6- 17)6 16 %- 16 % 17 )6 - 19
17 - 19)4
8 - 9
9 -9
10 ) 4- 10)4 10 ) 4- 10)4
58H - 0056 5856- 61
56 )4 - 6134 52 )6- 58)4
23 - 23
23 - 24
19 ) 4- 2156
62%- 03% 58 %- 63
60 %- 63)6 57 ) 4- 63)4
152%-154% 153 -154 153 - 153 % 152 -152

2 2 -2 4
15 - 18%
9 - 9
56%- 59%
21)6- 22)6
61 - 63%
152%-154

22%- 23%
15%- 18
. . . - __
53)6- 58)6
20% - 22
60)4- 61)6
153 -154

\ - 40
36 - 38 % 35 - 39% 3 5 - 3 8
42)6- 44)6 40 - 42%
. . . . - . . . . 173 -175 176 -178 179 -179 175 -176 175 -175% 175 -181%
8)6- 9)4
7 - »56 6M- 856 6 %- 9 % 8 %- 9 % 8 %- 9 % 8%- 10
6%- 7
7 - 10% 6%- 10
38 - 50
39 - 40
4 2 -4 5
48 - 54
37 - 42 % 40 - 43 % 4 1 - 4 4
40%- 48%
48 - 57
___
___
36
36%
35
%35
%
23 - 26
36
%
36
%
36)4- 37)6
70 - 70
6 4 -0 6
72)6- 73)4 71 %- 72
71 %- 71 % 69 %- 70
71 - 73
109%-111 111 -113% 112 - 112% 110 % -112 % 110 -111%Ul% -112% 110)6-111)4
_
10 - 10 %
33%- 33% 33%- 34%
32 - 33 % 35 - 35
37 - 38% 33 - 33
151
-151
150 -150
77 - 77
75 - 76 %
77%- 78
7 5 -7
7)4- 8)s 6)6- 7)6
7 %- 9 % 8 7H- 856 7)4- 7% 0 % 15)4- 1754 i m - i s m 14 - 17 % 16 %- 19 % 16 - 18 % 14)4- 10)6 12)4- 15)6
41%48
40%- 44%
39 %- 44
41 - 4 4 % 40 %- 41
44)6- 4856 43% - 44
105 -107% 106 -106% 107 - 107% 104 %-104 % 104 %-•1 05 % 105 -109 100 -100
113 -113% 112 -110 113 -1 1 5% 113% -116 113 %-■114 114 -114% 112 -114
... - ....
2)6- 3
2)6- 2)6
2 - 2
37 - 38% 30 %- 38
• 36 % 36 - 37% 34)6- 36)6
35 %- 38
37 - 38
%-• 12% 10)4- 12)6 9 - 1 1
854- 10M 8 - 9)6 7 - 9 % 8% - 11%
13%- 14% 13 - 13% 12 - 13
13 - 14 % 14 %-■14 % 1 4 « - 15)6 13)6- 14)6
27 - 29% 29 - 38
23 - 20 % 25 - 29 ] 24 %-■27
23)6- 2454 23 - 25
45 - 45
45 - 45
49 -• 49
49 - 19
48 - 49
47 - 47
49 - 51
75 - 76
75 - 77
79 %-■80
83 %- 83 % 81 - 85
82 - 85% 8 2 - 8 2
25%- 25%
25 %- 2 9 % 28 - 32
24%- 26
11
- 12
10
15
18
•
18
20%- 21% 19)4- 2156 19 %- 19 %
22 - 24
21 - 26
30)4- 3156 26)4- 3056
38)6- 41)6 3G%- 41
3856- 41)6 36 %- 39 % 37 %- 40 % 36 %- 39
3856- 46
16 - 17% 15 %- 18 % 16 %- 20 % 16 %- 18 % 10)6- 19)4 16 - 18%
16%- 20
226 -226 ---- - . . .

8

10% - 10% 10)6- 12)6
1 1 -1 2
10 - 11)6 10 % - 11 % 10% - 12
24)6- 25)6 2254- 2656 24 %- 26 % 24 %- 26 % 22 %- 24 % 23)4- 27)6
... ” ....
36 - 40% 36)4- 3856 3256- 37)6 32)6- 34)6 30%- 34
30%- 33
30 - 31 % 27 - 31 % 24 %- 27 % 23%- 27%
7BH- S0H 76)4- 79)6 74 - 77% 73)6- 77)4 74)6- 75)6 7256- 7454 72 %- 74 % 69 - 72 % 65 - 70
63 - 70%
18 - 21% 18 - 19% 16)6- 1854 16)6- 1756 15?6- 17)6 1556- 18)6 16 %- 17 % 16 %- 17 % 15 %- 16
16)4- 15)4

_

'HER.,?

.

Low. High Low .H igh L o w .H ig h

_

1
18
70 %
61
10 %
39 % 17 &
50 %
21%
55 %.

20% - 22 %
16 - 17 %
50 %- 56 %
1 9 -2 0
58 %- 61 %
153 - 154 %
3 4 -3 5
181 -181
6 %- 9

’=

31 %- 38
23
63

-

27 %
64 %

110%-112%
33 %- 33 %

6-6%
11%- 14
40% - 41%
105 -108
112 -112

2-2

33% 9 12% 35 47 77%25 -

35
10%
13
38%
50
80
25

35 %- 39 %
15 %- 17 %

1 1 -1 2
23%- 27%
145 -145
19)6- 24)4
62 - 65
15)6- 17)6

10 % - 11 %
23 %- 25 %

150%-152%
120%-123
5 8 -6 0
146%-148%

152 - 155 %
110 %-123 %
58 - 61
145 - 148 %

19 %- 22
6 2 - 64 %
14 %- 15 %

EX PRESS.
A d a m s ..................................... 147 -150
A m e r i c a n .............................. 116%-118
U n ite d S t a t e s ..................... 4 8 - 5 4
W e l l s , F a r g o Sc C o ......... 140 -145

144 -148
116 -118%
1854- 51)6
140 -145%

145 -147
117 -118%
46%- 51
144%-146%

143%-146%
117 -119%
4 4 -4 8
142%-145

145 -148
118 -120%
45%- 55
145 -147

145%-14S
118%-121
50%- 56
142 -147

148 - 150 %l 147 -150 147 >148 140
117 - 120 % 120 -123 119 %-121 % 119
50 - 60 % 57 - 59 % 5 6 - 5 9
58
144 -147 143 -147 143% -147 144

-150%
-121
- 63%
-148

C O A L Sc M IN IN G .
A m e r i c a n C o a l ..................
C a m e r o n C o a l ....................
C o lo r a d o C o a l Sc I r o n .
C o lo r a d o C . Sc l . D e v e l .
C o lo r a d o F u e l ...................
P r e f ........................................
C o l o r a d o F u e l Sc I r o n ..
P r e f .......................................
C o l. Sc H o c k . C . d e l . . . .
C o n s o lid a tio n C o a l .......
H o m e s t a k e M in in g .. .
L e h i g h Sc W . B . C o a l. .
M a r y la n d C o a l .................
M i n n e s o t a I r o n .................
N ew C e n t r a l C o a l ............
O n t a r io S i l v e r M in in g ..
P e n n s y l v a n i a C o a l ...........
Q u i c k s i l v e r M in in g .........
P r e f .........................................
R o b i n s o n M i n i n g ............
S t a n d a r d M in in g ..............
T e n n e s s e e C o a l Sc I r o n
P r e f . . . . . ........................

8 5 -8 5

9 0 -9 0
1% - 2
35%- 30% 35% 38

85%- 85%

_

32)6- 3754 30)6- 33)6 28%- 30

32%- 36

_

_
_

53 - 53
100 -103 %

* Ex-divldend.

56
99

6

-

1%
43 % 40%- 43%

92 -103
- 63
75 - 85
- 100 % 101 -110 107 -110

_

15 - 18% 17 - 17
^ - 28
dl%- 11% 42 - 12)6
. . . - . . . . 25 - 25
21)6- 26)6 2 3 « - m i
76 - 82
82 - 82
10 '4- 1156 1154- ll?4
44%- 46% 42%- 44
275 -275
4 - 4
354- 314
22 - 24
20 - 21%
•48 - ’50
. . . - . . . . 1-40-1-40
10)6- 14% 41 - 47
92 - 92
9 7 -9 7

V A R IO U S .
A m e r i c a n B a n k N o te ...
A r n e r . C o tto n O il C o __ 32%- 37%
P r e f ........................................ 63%- 70
A m e r ic a n D i s c T e l e — 5 3 - 6 4
A m . P ig Iro n W a r r a n t s
A m e r . S u g a r R e f . C o ... 78)6- 88)6
P r e f ........................................ 90 - 94%
A m e r . T e l . Sc C a b l e C o . 80 - 82%

34 %- 36 % 31 %- 39 %

43 - 43
33)6- 36J6
61)6- 69)6
6 1 -6 4

15%- 16%
28%- 28%
— 27 78 .... 43%-

_

. ..
27
82
....
45

3)6- 4
16 - 20
•45 - ’49
1-30-1-30
•43 - 50%
97%-106

14
20
25
76
...
38

-

14%
20
25
76
....
41

14)6- 1454
20 - 20
2 4 -2 6
74%- 76
10 - 10
38 - 40

2 8 -2 9
14 - 14%
19%- 19%
24% - 25
23 - 23 %
75 - 78
76 %- 76 %
11 - 11
39 - 40
40 - 40 %

2 3 -2 4
75 - 75
11 - 12
3 9 -4 1
300 - 3 (50%
4 % 3 %- 31
20
18 - 20
*33

.... - ....
... - ...
•46 - -46

356- 3)6 354- 4)4 4 %21 - 22
17 - 18
20 ... _ __ •35 - *35 *33 1‘47-1*50
44 - 47% 40%- 47
34)6- 41 % 31 %-• 36
102 -108 10C%-108 105 -105 100 -100

45%- 45%
35)6- 3754 3656- 41)6 36%- 40% 3896- 40)6
68 - 72% 72 - 78% 74 - 80% 7854- 78)6
6 0 -6 3
60 - 68
61 - 62
61 - 02

79%- 85
8454-101)4 91)6- 9756 8856 98)6 x95 -100%
92)4- 93)6 94 - 99% 95 - 98% 93 - 98% x95%- 99%
81 - 82% 80%. 82
81)6- 80)6 84)4 - 80)6 85 - 87

49 %38 %75 60 -

33
95

-

2 3 -2 3
73 - 73

1

38 %- 42 %
38)6- 43
25 - 26% 22 %- 27 %
105 -108
110 -112
63)6- 65)6 62 - 66 %

110 -116
J 14 - 20
29 - 29% 2 8 - 2 9
29 %- 29 %
13%- 15
... - . . . . 14 -14
2 3 -2 5
2 8 -2 8
2 8 -2 8
21 - 23% 24 - 24% 23 %- 25
72 - 72% 67 - 72
03 %- 70

11

-

11

40

-

40 % 39 - 41

10%- 11%
11 - 11)6 11 - 11
10 - 40
15 - 20
285 -285
3 %- 3 % . . . . - . . . .
3%- 3% 3 %- 4 %
16)6- 18M 17 - 17
17 - 20 %

35 %
' - 36
95 100 -102

49 % .... - .
43 %) 42 %- 47 % 40
80 % 79 %- 83 % 77
64
62 - 63 % 60

..

. . . . - . . . . 1-40-1*45
35 - 39
35 - 38% 34 %- 37 %
100 -100 105 -105 102 -105

44 % 43)4- 47)6 41)6- 47)6 39 - 44 %
81 % 81H- 85)6 80 - 86% 78 %- S2%
60
59 - 60
58 - 60
56 - 59

13%- 13%

_

104 %-114 % 104 %-113 % 108)6 U4)4 105% 112%
100 %-107 % 101 -104 ; 101 -105 101 -103% 96 %-103 %
81 %- 87 I 86 - 87
8 5 -8 7
86 - 87
84 %- 88

J

anuary

THE CHRONICLE.

7, 1898.]

29

1 8 9 2 —C o n c l u d e d .
JANUARY FEBR’R y J MARCH.

Ma y .

A PR IL .

JU N E.

STO C K S.

J

uly.

AUGUST. S e p t ’h e r . G C T onrii.

Low .TIigh L ow . H igh L ow . H ig h L ow .H igh L o w .H ig h Low .lT igh Low . H ig h Low. H ig h Low . H igh L ow . H ig h
A m e r ic a n T o b a c c o C o ..
P i e f . ......................................
B r o o k l y n G a s .....................
B r u n s w i c k C o ...................
C h ic a g o G a s C o ...............
R i g h t s ..................................
C h ic a g o J u n c t i o n R ’ y ..
P r e f . .....................................
C i t i z e n s ’ G a s , B k ’ ly u ...
C l a f l i n (H , II. C o .) ..........
C o m m e r c ia l C a b l e . . . . . .
C o n s o lid a te d G a s ............
D i s t i l l ’ g & C a t . F . C o ..
E d is o n G e n ’ l E l e c . C o ...
R i g h t s ...................................
T r u s t r e c e i p t s .................
E d is o n E l e c . I l i u m . C o .
R i g h t s ...................................
E q u i t a b l e G a s C o ............
G e n e r a l E l e c t r i c C o .......
R i g h t s .................................
G o ld & S t o c k T e l ’ g p li..
L a c l e d e G a s , S t . L o u is .
P r e f .....................................
M e x . N a t . C o u s t’ n C o.
N a t i o n a l C o r d a g e C o ...
P r e i ................................
N a t . L i n s e e d O il Co
N a tio n a l L e a d T r u s t ...
N a t i o n a l L e a d C o ............
P r e f . .....................................
N a t . S t a r c h M fg . C o ....
1 s t p r e l ...............................
‘J d p r e l ................................
N . Y . G u a r . & I n d e m ...
N o r th A m e r i c a n C o ......
O r e g o n lm p r o v e m ’ t Co
P i ; e f ......................................
O r e g o n R ’y
N a v . C o ...
P a c if ic M a i l S . S .........
P h i l a . C o ., N a t. G a s
P f L o r i l t a r d C o ., p r e f . .
P i p e L i n e C e r t i f i c a t e s ..
P o s ta l T e l. & C a b le —
P r o c t o r & G a m b l e .........
P u llm a n P a l a c e p a r . . .
S i l v e r B u l l i o n C e r t s ...
S o u t h e r n C o tto n O i l . . .
S o u th ’n
A t l a n . T e l ..
C . S . R u b b e r C o .............
P r e l .................. .................
W e s t e r n U n io n B e e f . . .
W e s t e r n U n io n T e l .......

90 - 99
10 - 14
7194- 80
75 - 795*
80*4- 81*4
94*4-102
_

96 - 99*4 07%- 98%
_
122 -122
12%- 14% 9*4- 13
74 - 81% 72%- 7 7 «
'01 -1*00
75 - 77
7394- 76
_
82*4- 83
100*4-10294 101 -102*4
.
103 -103
149 -152*4 151*4-155*4
112 -115*4 111*4-113
45%- 63% U H - 60%
95 -104
9094- 99*4

106 -126 121 -126 m v*-128
97 - 98
97*6- 99
98 -10094 97*4-101
08 - 99*4 98 -10894 107*4-U5
_
_
m - 7%
9 - 9
8 - 9
7%- 7% 8 - 8 %
0%- 0% b - s ; 796- 8)4 8 - 8
73M- 78% 77%- 82% x78% - 82% 77%- 82% 80% - 83% 77%- 82% 80%- 01%

_

_

72 - 75
_
102*4-106

_

7494- 88
84*4- 85*4
104 -106*4
_
15394-157 154 -160
148 -151*4
110 -114*4 113%-116%
102 -11194
16%52 - 07*4
47 - 1996
99 -102 103*4-111*4
88*4- 98
H - *6
9894- 98-H 96*4- 98*6 9096-104*4 102 -113*4
80*4- 80*4 7994- 8294
.... - ....
_
_
_
_

_
20%- 2-m
62 - 64
12*4- U
9394- 99*4
100 -114
27 - 27
18*6- 21
31 - 39
81*4- 85
. . . . - ...
. . . . - __

W H - 18%
26*4- 2996
65 - 65
85 - 9196
35%- 40%
30 - 32
118 -118
59%- 64%

_

19*4- 22
.... - ....
_

18%- 20%
57%- 57%
_

92*4- 9894
106 -11494
27 - 32
19*6- 20*6
32*4- 3894
82%- 86%
35 - 46*4
. . . - __

91%- »9%
105 -108*4
31 - 32
.19 - 1996
31 - 33*4
81 - 83*4
40 - 4394
101 -102
102 -103

15%- 17%
27 - 28*6
75 - 75
85 - 90*4
30%- 39%
26 - 31
114 -115*4
5794- 63*4
50 - 50

13%- 10%
2 4 -2 4
_
85*4- 90
35 - S$H

52*4- 60
54 - 54

98 -102

100 -108 105 - 1 0 0 too -108K
. _
••••I 06J*- 05J4
113 -113*6 113X-1U% 111 -11934110 -liO
156 -164
.. . “ ... 1«**4-175
111%-117% 1U%-120% 110*4-128
47 - 57% 57%- 68% « » * -

178*4-178*4
121*4-127*4
57 - 72*4

_

_

_

_

_

_

5594- 59*6 55*4- 5894 52*4- 57
51%- 53% 51%- 58% 52*4- 56
_
63%- 63% 63 - 63
66 - 87*4 78 - 81

_

_

A s s e n t e d .-

_

_

184 -189 188*6-190 189 -195 19294-195
91 - 95*4 89%- 9 1 « 85%- 91% 8594- 83
60 - 62*§

82 - 8 5 k

_

*6*4
107 -111*4
8 4 -8 5
8494- 94
94 -108
99*6-102*4 101 -10796 100 -110*4 107*4-116*4
_
_
194- 2*6
155*4-155*4
155*4-155*4
10794-108*4 104*4-111*4 109%-119% 10894-115 112*4-119*6 x ll0 *4 16*4 100*4-116*6
01 - -06 *01 - -01*4
100 -100
102*4-102*4
19 - 23*4 19 - 2094 18%- 19% 2 0 - 2 5
17*4- 20
21%- 23% 23 - 25*4 24 - 27 J4 22*4- 25
60 - 60
60 - 6394 68%- 9 1 « 59 - 61
62 - 66*4 64 - 65
64 - 6694 66*4- 74*4 68*4- 7194
12 - 19
21 - 27
23 - 23
18*4- 21
9794-104*4 10096-H5 1U%-119% 116*4-121*4 121 -131*6 130%-131% 13294-135 133*4-140*4 13494-142*4
104 -11196 104 -115 110*4-115 110 -114*4 113 -123*4 115 -122 116 -120*4 112 -116*4 111 *117*4
. . . . - .... 31*4- 33
3 4 -4 2
32%- 35% 33*4- 35*6 32 - 34*6 3 3 - 3 5
37*4- 40% 3 6 - 4 6
19%- 20% 20 - 2194
31M- 36% 32*4- 37*6 31%- 37%, 33%- 38% 37%- 46% 40 - 4494 13% 18% 43*4- 48
3094- 51*4
90%- 95% 94 - 9996 91%- 95X 9 4 - 9 7
81*4- 86*4 81% . 01% 90 - 92
*9294- 96*4 8094- 06*4
40 - 42*4 32% 35% 33*4- 36
35 - 35
34 - 38*6 31*4- 36
32*6- 38
32
29*4- 38*4
100*4-105
99*4-104
98 -100 100 -101 101*4-105 101 -102 101 -106 100 -10294 100 -106
103 -104 100 -103*4 9694-103*4 96 - 9694 95%-107% 96 -103 101*4-106*4 101*4-10594 07 -109
105 -105
12%- 15% 13 - 1194 13 - 11% 12 - 1396 12%- 13% 12*6- 13*4 0*4- 12*4
13*6- 15*6 u % 21*6- 22
23 - 2496 21*6- 22*4 21% - 22% 20-21
22*4- 22*4 20 - 22*4 19 - 22
10*4- 19*4
_
_
_
_
86 - 87
79*6- 80
70 - 79*4 77*4- 80 . . . . - . . . . 74*4- 77
70*4- 77
72 - 71*4 80*4- 75
35 - 37*4 34 - 36
33%- 35% 33 - 35
2994- 35
209ft- 31*4 3096- 35
27*4- 32*4 25 - 28*4
_
_
_
35 - 35

_

_

87 -102
B7%-103% 10194-104
92 - 03*4
110 -114 xlU*4-13*4 113 -11396
_
155 -155 110*4-160 160 -160
114 -11696 lli% - U 5 % 114%-U9%
16%- 51% 4694- 49*4 17%- 51%

_

11
84%- 89% 87%- 89% 87
93
58

189*4-200*4 195 -199
87%- 88% 87*6- 91
57 - 57

50 - 63*4 50*4- 6394 5194- 55
82 - 82
106*4-106*4
193 -197*4 195*4-198 190*4-195 195*4-200*4 106*4-100*4 194 -198
86 - 87*4 82%- 85% 83 - 84
83%- 87% 84*4- 86*4 82*4- 8694
5 4 -5 4
48-50
SAX- 61% 6A%- 51% 56 - 58
80-80
3894- 4894 39 - 46*4
9396- 90

_

-1 1
7 - 7
8494- 9994 85 - 98*4
- 9394 92%- 95% 93%- 95% 92%- 98% 96%-100% 9396- 98*4 94*6-100
95 - 96
91 - 94
- 93
92 - 92
98 * 4- 98*4
92*4- 99 102*4-103 101*4-101)6
60
61
74
78
59 - 5994 58 - 5994 53*4- 5594
71X - 77% 7394- 78*4 68*4- 71
- 58

' Ex-dividend.

COURSE OF PRICES OF GOVERNMENT SECURITIES FOR THE TEAR 1892.
[C o m p ile d fr o m S a le s m a d e a t tlie N e w Y o rk S to c k E x c h a n g e .]
Coupon
B in d s .

Coupon
Bonds.

R egistered Bonds.

6s, cur’cy 68, cur’cy
4s, 190 7. 4s, 1907,
1899.
1898.
Ja n u a ry ,

118*4

110%

116

F eb ru a ry .

116

4s. 1907. 4s, 1907.
Ju ly .

118*4
118%

116X

116*4
116
116%

116%

116
116
116

115
m%
115

117*4
117%
O c to b e r .

116*6
11696
11596
110%
117*4

N ov em b er.
117*4
D ecem b er.

11794

C losing................................................................

110%
11694
116
116

S e p te m b e r .

M arch .

A p r il,

xllG*6
116*6
116*4
116*4

6s, cur'cy 0s, cur’cy
1899.
1898.

A u g u s t.
117

H ig h e s t............................................................

Registered Bonds.

117%

nex

C lo sin g ..........................................................

115
iu %
iu %

115%
111%
1M «

115
115
11496
h im

114*4
115
114*4
11AX

iw %
11496
114
114

113%
113
113

....

THE CHRONICLE.

30

fVOL L\ I

COURSE OF PRICES OF STATE SECURITIES DURING THE YEAR 1892.
[C o m p ile d fro m ctctuul sa les m a d e a t tlio N e w Y o rk S to c k E x c h a n g e .]
J a n u a r y F e b r ’r y . M a r c h .

MAY.

Ap r il .

J une.

'

J

uly.

a u g u s t . | s e p t ’b e r .| O c t o b e r .

S E C U R IT IE S ,

L o w .H ig h Low. H ig h Low . H ig h Low . H ig h Low. H ig h L ow . H ig h L o w .H ig h
103 -105
A lab a m a—Cl. A. 4to 5,1906. 1 0 a« -iQ » 4 103 -103J4 103 -103)4 101^-10214 102)6-103
107 ”-107 107 -10734 io i' - 1 0 5 %
xio& g - r>y> li»4 -107
C lass B, 5s, 1906 .........
94 - 04ft 'iia - 90"
C lass C............................... .
i‘7 - 97% 95**- 95**
97 - 97 | 97 - 97
C u rre n c y fu n d in g 4s, 1020. xt»5M- 95&
A rk a n s a s —6s. “ l l o llo r d ’' . . .
- .. .
7s. L. I t. A F t . 8- is s u e .......
" m - * ft
7s. L . U . P . B. & N . 0 . . ..
.... - .... .... - ....
... - ....
7s. M is-. 0 . Sc Bert U..........
Z
7s, M em p h is & L . It............
_
_
.... - ....
.... - ....
_
_
...................
_
114
-114
113
-113
ii'3
i
u
a
D is t. o f Col —Cp./J-ODs, 1934
93 - 93
91%- 93
85ft- 85% 8 4 ft- 88
L o u isia n a —Con sol., 4 * ... — 85 - M'A 85 - 85
_
No. C aro lin a—C h a th a m H R.
_
_
. . . . - ...
_
S p ecial ta x , C lass ? ............
_
_
V
r}
3 - 3
3 - 3
3 - 3>6
Sp. ta x , T r u s t r e c e ip ts .... J t e r 5%
991490*4
100
-100
9
7
^
9
8
^
98*499"
97 - V H
97H- 88% 07 ft- 98
97 - 97
97 - 97
S m a ll'b o n d s .................
124ft-124ft
122 -125 14
123 -125A i j s -1 3 5 "
_
F u n d in g c t o f 1 8 6 6 ..
214- 2 H 2M- 2M 1A - 1ii ... - . . . . . . - . . . . . . . . - . . . .
8o. C a ro lin a —V o n -tu n d ., 6s
'97**- 97*j fi t y.- 90
B ro w n consol., 6 s ..
T e n n e s se e —New s e ll m ’t 6s 105 -106 105)1-105)4 107 -107 107ft-107ft
_
_
_
101 -101 101 -101ft l o i - i d i " 101 -102ft 10336-104 J4
N ew S e ttle m e n t, 5s, 3913.. 001473
7734
G
ir
70
14
703473*4
m
i
70
y
4
74%70%
98
8014
68*4- 7 m
New S e ttle m e n t, 3s, 1913 .
68 - 71
70 - 70
6 ?)|
75 - 75
C om prom ise 8-4-5-6s. 1912
9 - 9
V irg in ia—Os, (le fe rr’d bonds 8k£- 0%
8%- 9 "e'M - 'ok 814- *14
7 « - 7%' ... - ....
714- 7*1 7 - 7
T r u s t re c e ip ts , sta m p e d
8^- m
634- * k

_

_

_

_

_

_

MERCANTILE FAILURES
F A IL U R E S F O R

1892.

Number
i n B u s i­ S la te s a n d Ter­
n e s s in

r ito r ie s .

1892.

N o.
u r e s.

A m ount of
L i a b ilitie s .

$
9 6 5 ,2 5 7
2 7 6 ,1 6 7
1 5 7 ,55*
3 ,8 2 8 ,3 2 4
4 ,9 7 6 ,9 0 0
1 ,2 7 7 ,4 9 2
1 ,0 5 3 ,4 6 4

E a s te r n .

1 4 ,969 M a in e ...........
8,392jN . H a m p sh ire .
6,704 V e rm o n t..........
a s sa c h u ’t ’e
5 2 ,032 $CM B
o s to n ___
8,799 R h o d e Is la n d .
18,979 C o n n e c tic u t ..

98
35
S4
422
215
136
160

1 0 9 ,8 7 5

T ot. E a s te rn

1 ,1 0 0

9 4 ,600
59,424
3 6 ,353
9 7 ,613
2 5 ,1 6 '
3.862
19,013
5,4 6 8

N ew Y o r k ___
N .Y . & B ’k n .
Now J e r s e y ..
P e im s y lv a n ..
P h ila d e lp h ...
D e la w a re ........
M a r y la n d ..
D ist. o f C o l___

606
513
138
706
249
21
137
37

3 41,500

T o ta l M iddle

2,4 0 7

M id d le .

S o u th e r n .

18.301 V irg in ia ___
10,6c 0 W est V irg in ia.
11 , 0 ' 8 No. C a ro lin a ..
7,9 5 6 So. C a r o lin a .
15,857 G e o rg ia ..........
5,82; F l o r i d a ..........
1 0 ,2*7 A la b a m a . . . .
8,191 M ississip p i___
10,119 L o u isia n a ..
2 4 ,2 4 0 !T e x a s ..........
10,17i A rk a n s a s . .
26,18> K e n tu c k y ..
14,631 T e n n e sse e .
17 3 ,8 2 8

T o t. S o u th
Western.
f
..........
7 8 ,7 3 7 . I O hCio
incinns
45,071 I n d ia n a .........
o is . ..
86,145.; Sl Illin
C hicago
49,8221 M ich ig an . . .
3 5 ,933 IW isco n sin ..
3 8 .265 I o w a ..............
2 2 ,8 2 6 M in n e s o ta ..
u ri ..
5 1 ,4*9 I £\ MSisso
t. Louis
2 2 ,285 'K a n s a s ..........
2 0 ,512 [N eb rask a . . .
3,154 N o rth D a k o t
5,872 S o u th D akot
5.2861 M o n ta n a . . .
13,S 54| C o lo ra d o ___

47 9 ,1 9 1

IN THE UNITED STATES

T ot. W est e ra

3,0 6 3

A m oun t of
u r e s. L i a b ilitie s

1,169

6 ,0 1 3 ,0 5 3
1 0 ,7 8 6 ,8 8 4
1 ,5 0 4 ,8 5 1
5 ,4 5 7 ,9 6 4
5 ,1 1 8 979
6 8 ,1 0 0
2 ,2 6 8 ,7 6 5
2 9 1 ,0 3 4

712 7 ,8 9 9 ,3 7 7
637 2 6 ,0 9 2 ,5 8 3
187 4 ,4 7 9 ,5 3 4
879 14 ,1 9 0 ,7 4 1
4 0 4 1 1 ,256,843
29
4 3 4 ,6 0 0
115 2 ,5 3 0 ,9 2 7
42
3 5 7 ,1 1 1

748
576
154
853
308
18
152
34

3 1 ,0 0 9 ,6 3 0 3,005 6 7 ,2 4 1 ,7 1 9

2,8 4 3

1 ,3 2 3 ,6 5 9
1 6 1 ,800
1 ,0 5 9 ,7 3 2
7 6 4 ,4 5 8
2 ,4 2 5 ,6 8 0
3 6 7 ,7 0 0
2 ,1 0 8 ,6 7 5
3 ,6 1 5 ,4 2 5
2,262,871
5 ,2 1 4 ,0 5 7
1 ,9 0 2 ,6 9 7
1 ,9 7 9 .8 8 6
2 ,2 4 1 ,3 9 0

ISO
72
128
82
274
144
258
246
181
539
185
390
420

1 ,6 2 9 ,1 6 3
3 4 9 ,9 0 0
1 ,3 8 1 ,7 0 6
5 1 8 ,9 0 8
5 ,8 2 9 ,9 0 3
1,486,411
3 ,3 9 6 .3 6 5
1 ,9 2 4 ,5 7 6
3 ,7 4 0 ,1 0 2
8,960,141
2 .2 0 3 ,8 1 9
7 ,6 9 5 ,2 4 5
6 ,3 9 4 ,2 9 8

148
67
109
72
145
41
3 86
195
157
331
212
233
257

2 5 ,3 2 8 ,0 3 0 3,1 0 5 4 5 ,5 1 0 ,5 3 7

2,1 5 3

4 ,1 5 6 ,1 7 0
1 ,0 4 6 ,4 6 8
1 ,, 53,541
2 ,6 5 1 ,0 3 8
4 ,9 9 5 ,5 6 2
2 ,9 6 9 ,2 9 6
2 ,0 0 9 .2 3 8
1 ,4 8 3 ,1 2 2
3 ,6 5 3 ,8 9 8
3 ,3 6 0 ,0 3 1
9 8 6 ,4 2 3
1 ,8 1 3 ,6 2 3
1 ,8 3 8 ,2 9 1
95,000
9 2 ,1 0 0
9 8 0 ,9 4 9
2 ,3 7 4 ,0 8 8

498 4 ,5 9 0 ,1 4 3
80 2 ,2 5 5 ,0 0 5
208 1,<->71,269
2 4 2 1 ,5 4 5 ,2 4 6
289 4 ,7 5 8 ,5 6 '
232 2 ,3 0 8 ,2 8 2
172 3 ,2 3 4 ,3 3 0
185 1,267,704
258 2,699,281
320 1 1 ,2 5 5 ,2 8 7
40
9 1 3 .6 0 8
275 5 ,6 2 5 ,8 3 1
395 3 ,2 8 8 ,3 6 5
14
181,041
32
5 0 9 .8 5 6
83
983 ,2 4 5
2 6 4 1 ,5 4 4 ,5 2 5

470
85
224
335
308
216
164
241
323
310
4S
325
271
23

3 0 ,1 5 9 ,9 7 8 3,5 8 7 4 8 ,6 3 1 ,6 5 6

3,614

11
25
215
379
206
8
104
18
7
17
196
5

5 1 ,7 1 7
99,7 0 0
1 ,6 1 5 ,1 0 0
2 ,5 9 2 ,8 0 0
1 ,9 3 3 ,8 0 0
2 7 ,3 0 (‘
6 2 8 ,4 0 0
3 7 7 ,9 0 0
4 4 ,0 0 0
9 0 ,2 5 0
9 9 2 ,3 0 0
5 8 ,1 0 0

45
169

13
14
157
460
232
6
139
10
4
28
309
11

8 4 ,2 0 0
1 1 8 ,1 0 0
6 7 9 ,6 0 0
2 ,4 0 2 ,8 0 0
2 ,3 3 9 .5 0 0
6 0 ,3 0 0
7 3 6 ,4 0 0
1 8 4 ,0 4 8
2 3 ,0 0 0
1 2 6 ,8 0 0
2 ,2 7 4 ,7 0 0
6 6 ,4 0 0

26
13
86
471
170
10
40
13
2
20
266
11

$
1.238,691
3 8 3 ,9 8 5
4 0 4 ,4 7 9
3 ,7 1 5 ,2 3 7
1 6 ,547,968
4 ,0 3 6 ,6 4 7
1 ,4 4 7 ,6 1 7

_
3 f t-

4 - 4
336- 4*4
4

_

*8*8 - 1003 d 9S%_
2 - 2 ft
96*4- 96*4
lO lft-lO lft
103 -103
76*4- 79*
70 - 76

.... -

..

2 - 3

10214-10214 103 -103

?5 ft- 7536 76 - 78
75 - 70

- ....

7H- 7H
~‘V<- 7%

7 - 7

1888.

|

1887.

160
56
34
397
275
132
137

$
1 ,4 5 7 ,7 9 7
4 5 8 ,8 4 5
19 7 ,9 5 0
4,38 1 ,2 6 2
4 ,0 4 4 ,4 1 2
1 ,2 2 6 ,8 8 6
1 ,2 6 5 ,1 0 3

162
48
45
375
275
122
117

3 4 ,3 4 3 ,8 6 9 1,191

1 3 ,0 3 2 ,2 5 5 1,141 1 7 ,8 3 4 ,4 1 9

8 ,4 7 5 ,4 4 7
44,04 5,«79
2,779,871
10 ,9 8 8 ,0 5 3
6 ,8 8 1 ,4 1 2
2 1 3 ,8 2 2
2 .2 5 4 ,3 0 4
2 5 3 ,8 0 0

9 ,4 9 5 ,0 3 3
1 7 ,3 5 1 ,5 8 0
1 ,4 6 9 ,8 4 6
9 ,1 7 8 ,1 1 3
0 ,8 8 6 ,2 2 7
1 5 6 ,2 0 0
1 ,2 2 6 ,0 9 4
157,145

7 ,9 4 4 ,6 7 9
1 7 ,0 6 0 ,1 7 0
1,4 8 5 ,8 4 7
6 ,8 4 9 ,7 3 8
3 ,6 5 0 ,0 3 0
3 2 4 ,2 0 0
1,975,593
3 3 9 ,8 1 9

1 ,2 0 3 .5 2 5
4 0 7 ,0 2 4
6 7 0 ,6 4 0
4 1 9 ,9 1 5
1 ,6 7 1 ,8 7 8
1 5 5 ,3 6 0
2 ,2 2 6 ,3 0 0
1 ,4 3 7 ,5 6 4
4 ,5 9 4 ,8 3 6
4 ,0 0 2 ,5 7 5
1 ,8 1 7 ,3 0 5
2 ,9 9 1 ,9 7 6
6 ,l4 4 ,0 2 u

191
77
197
82
151
49
134
138
185
387
173
223
219

2 7 ,7 4 2 ,9 1 8 2,2 0 6
5 ,2 6 2 ,7 0 7
1 ,5 2 -,5 0 6
2,912,141
1 ,9 2 8 ,8 8 1
7 ,8 5 0 ,5 5 0
6 ,0 8 2 ,9 2 4
3 ,1 2 9 ,2 0 1
2 ,4 2 4 ,5 4 5
5 .8 5 6 ,8 5 7
3 ,7 9 7 ,3 0 6
l,0 i 9 .5 6 5
4 ,5 3 8 ,7 7 9
1 ,5 7 3 ,5 0 0
9 6 ,2 6 4
1 ,1 8 2 ,7 6 5
4 1 0 ,8 9 6
9 8 1 ,8 9 4

4 8 ,9 2 0 ,2 3 8 2,603
1 ,4 0 3 ,9 0 0
3 3 6 ,9 4 3
1 ,3 8 4 ,7 5 4
9 2 8 ,3 1 7
1 ,6 2 7 ,9 4 5
3 4 8 ,1 4 2
1 ,3 6 8 ,2 5 2
9 7 1 ,9 0 6
1.68 6 ,7 1 4
4 ,5 0 3 ,1 3 8
9 9 4 ,3 9 2
2 ,1 5 7 ,0 1 0
2 ,0 6 0 ,5 2 7

168
69
151
66
213
69
161
132
202
568
156
285
20G

1 9 ,7 7 1 ,9 4 0 2 ,4 4 6

3 9 ,6 3 0 ,0 7 6 2,345 6 9 ,9 8 0 ,4 3 8

2 7 9 ,2 6 7

13 W 1 .0 4 6 ,0 0 6
3 8 5 ,6 3 1
1 ,0 9 8 ,9 3 2
1,07 3 ,8 2 7
1 ,7 1 3 ,4 6 2
5 6 4 ,4 6 9
1 ,6 3 7 ,4 7 7
1,13 3 ,1 3 4
2 ,3 6 3 ,3 7 4
7 ,0 9 8 .2 4 1
8 3 7 ,9 0 0
3 ,2 7 4 ,2 4 4
1 ,4 8 0 ,6 8 4

1 5 ,4 5 0
8 ,5 1 3
9 ,7 5 5
6 ,9 7 3
1 1 ,2 6 5
4 ,9 9 1
9 ,5 8 7
8 ,6 3 4
1 1 ,3 1 1
1 9 ,0 8 4
9 .8 1 7
2 2 ,1 5 3
1 2 ,8 7 5

2 1 ,4 2 2 ,1 2 0 2 ,2 2 4 2 3 ,707,961

1 5 0 ,4 9 2

1 ,9 2 7 ,7 7 0
4 4 2 ,9 7 4
1 ,4 0 3 ,9 2 4
4 2 4 ,8 6 7
2 ,7 0 6 ,4 9 1
40 7 ,1 7 7
1 ,6 9 2 ,6 2 2
1 ,0 8 8 ,6 1 5
2 ,4 7 1 ,7 7 8
4 ,1 1 0 ,3 5 5
1 ,2 4 5 ,5 4 6
1 ,9 3 9 ,0 7 7
1,555,921

6/
115
78
195
107
99
140
193
503
90
281
198

457
81
259
31 8
3 00
232
211
284
31 6
160
52
244
248
105

4 ,1 9 1 ,5 9 9
1 ,6 0 5 ,2 0 7
2 ,1 3 4 ,6 2 7
2 ,2 1 6 ,4 3 8
0 ,7 1 2 ,9 0 0
4 ,8 6 5 ,9 5 6
2 ,2 7 2 ,1 8 2
2 ,5 1 0 ,1 0 7
4 ,8 1 1 ,7 2 2
1 ,1 4 5 ,8 4 2
8 9 3 ,6 2 6
1 ,2 2 5 ,3 9 3
9 6 8 ,6 2 0
1 ,2 4 0 ,4 2 7

398
118
212
308
320
189
152
302
269
1 40
55
289
1 96
1 14

34
165

5 3 4 ,2 7 4
817,001

21
149

1 4 6 ,3 3 3
1,264,64"/

39
79

3 7 ,1 9 0 ,0 8 8 3,228
8 ,9 0 0
2 4 ,5 0 0
2 5 0 ,3 0 0
3 ,2 3 9 ,3 0 0
1 ,0 6 0 ,5 0 0
4 4 ,5 0 0
1 3 7 ,1 0 0
15 5 ,4 0 0
1 7 0 ,2 0 0
1 6 6 ,0 0 0
1 ,2 3 5 ,5 0 0
1 0 4 ,5 0 0

1 0 2 ,2 3 2
8 3 ,2 4 4
5 2 ,9 3 3
2 9 ,8 4 9
5 8 ,481
2 5 ,0 8 4
4 ,2 9 7
1 6 ,4 9 5
3 ,8 8 4

7 ,2 2 5 ,2 2 0
6 6 8 ,8 7 8
1 ,8 4 5 ,7 9 8
2 ,4 2 8 ,7 9 8
4 ,8 5 7 ,5 6 7
3 ,6 7 4 ,9 9 8
2 ,4 6 9 ,0 3 5
2 ,5 7 9 ,7 6 2
4 ,2 9 9 ,2 3 5
2 ,1 5 5 ,6 6 9
8 1 7 ,2 0 1
2 ,6 2 9 ,2 0 9
1 ,5 3 8 ,7 1 8
6 1 0 ,2 2 7

5
4
66
52 0
193
13
28
25
7
19
119
6

18 8 7 .

553 8 ,2 7 3 ,2 2 4
516 4 0 ,8 4 1 ,5 0 6
120 1,72 2 ,9 7 1
694 7 ,0 5 0 ,0 3 3
24 0 8 ,2 5 2 ,1 0 9
26
4 9 5 ,2 1 9
152 3 ,0 5 0 ,4 6 1
44
2 8 8 ,8 6 5

424
77
211
376
341
258
202
32 5
3 56
2 98
29
292
2 76
101

5 0 ,5 7 3 ,2 8 4 3,465
3 1 7 .3 0 0
3 7 .0 0 0
5 9 1 ,5 0 0
2 ,4 8 5 ,0 0 0
1 ,7 3 9 ,4 0 0
1 7 0 ,2 0 0
1 5 9 ,5 5 0
1 1 1 ,7 0 0
5 ,0 0 0
1 5 2 .1 0 0
2 ,0 3 0 ,8 *0
7 4 ,2 0 0

599
690
151
691
2 13
26
174
59

in B u s i­
n e s s in

$
1 4 ,2 6 6
1,81 1 ,7 7 8
8,4 3 4
2 0 3 ,6 5 0
0 ,6 0 3
23K .038
4 ,1 0 6 ,1 4 0
4 ,8 4 * ,6 1 7 ] 4 8 ,7 0 3
3 ,1 2 7 ,6 6 2
7,3 0 6
3 ,5 0 0 ,4 3 4
1 6 ,9 2 0

2 7 ,7 7 4 ,6 2 4 1,364

7 5 ,8 9 2 ,3 8 8 2,5 4 2

6%

& CO.

N o.

N o.

1,11 4 ,5 8 2
1 96
49
4 4 9 .1 3 6
40
31 9 ,2 5 3
49 2
4 ,6 5 6 ,9 6 5
320 16,130,634
130 10 ,0 4 8 ,6 4 2
137
1 ,6 2 4 ,6 5 7

e%-

CANADA FOR SIX YEARS

4 ,4 0 5 .8 9 6
4 .4 1 9 ,2 5 4
1 > 3 8 ,494
2 ,4 5 9 ,7 4 4
5 ,9 9 7 ,4 7 8
1 ,8 7 5 ,9 1 5
2 ,3 8 0 ,9 5 0
1 ,9 7 6 ,8 2 2
3 ,2 2 2 ,8 0 0
9 0 4 ,2 2 2
2 ,1 4 0 ,7 0 0
1 ,7 0 2 ,2 8 6
6 4 4 ,9 4 8
1 ,1 5 1 ,8 5 0

| 6 9 ,8 7 0
37.7SG
| 6 7 ,8 1 4
3 5 ,8 6 3
2 9 ,4 0 4
2 9 ,6 8 6
2 6 ,1 9 7
^ 5 2 ,0 4 1
2 6 ,9 1 4
1 7 ,1 5 8
I 1 1 ,073
534, S23
2 ,7 3 7
4 7 9 ,3 6 8
8 ,2 1 6

3 5 ,5 5 4 ,2 1 9 2,948 3 3 ,9 6 9 ,5 0 9

2
139
4 62
185
9
21
4
19
23
65
7

2 1 ,5 0 0
1 ,0 8 6 ,0 0 0
3 ,3 1 5 ,1 0 0
4 ,6 6 0 ,7 0 0
5 4 ,4 0 0
9 9 ,1 3 3
1 4 ,250
1 ,5 7 1 ,1 0 0
266,713
4 1 0 ,0 0 0
4 1 ,0 0 0

T o t.P a c .& T .

1,191

8 ,5 1 1 ,3 6 7 1,339

9 ,0 9 5 ,8 4 8

1,128

7 ,8 7 3 ,7 5 0 1,305

8,558 ,2 0 2 1,211

14 ,1 9 1 ,3 0 3

G ra n d to ta ls

i o >344

114,044,167 12,2/3

i8 q ,868,638

10,go/

iS g, 8 j6 , gb^ 10,882

148,784337 10,6/g

123,829,973

1 3 ,7 6 6 ,1 9 1 1.889 1 7 .1 0 0 .6 4 9

1.847

1 8 .2 3 9 03511 7 7 ”

14/71 3 .2 °3 1.677

* Including New foundland,

0 - 8
.... - ....
..
94 - 91). 93 - 98
105 -105 '

76 - 77% 76 - 77

_

6 8 ,1 5 1

l.B«Q

- 8 *4
- lo *17* - 17*
- 17
17 - 17
- 2134 16 - 19

314- 314 . . . . - . . . .
m
_
4 - 4
4 *4 - 53 *
334- OI­
9a - 99
OS - 98 - 9834~ 0014
_ ;; ;; 122 -122
123%-1235h
10834-108)4
1034- 10)4
2*4- 5
3 h - 3)4
98 - 08)4
i0 2 -102 103 -104

*,*72>545

•80,751 D om . o f ra n *

7
15
16
15

m -

B Y M E SS R S . R . G . D U N

1889.

589
5 85
128
793
278
15
129
25

d e c ’b e r .

103 -303 10134-103*4
105*4-100*4 10634-10636

1A m o u n t o f
A m ount of
A m ount of
A m ount of
u r e s . 1 L i a b ilitie s . u r e s. L i a b i l i t i e s . u r e s . L i a b ilitie s . u res. L i a b ilitie s .

1 2 ,5 3 5 ,1 6 2 1,187 1 9 ,388,878

140
45
43
425
239
102
193

100 -100 101 -102
I0 5 ft-I0 5 ft 105ft-lU5ft
_
9 - 93*
~7%- 9
33*4- 22
9 - ii
53 4 - 1 0 ft "O M - V-H 1436- 20
6 - 1 0
15 - 2136
10 - 10
io - 1 0 %
.... - ....
" 7A - 8*4
19 -19*6
_
\ l 2y f n 2li
92 - 92
9154- 01

N o.

N o.

130
47
39
405
265
107
176

433
53
202
226
254
219
190
200
241
30H
59
206
209
10
19
34
202

P a c . <£ T e r n t's ,

1,3 7 8 O k lah o m a,
1,6 4 9 In d ia n T e r.
7,871 O re g o n ..
3 3 ,259 ( C a lifo rn ia .
C S. F ran c isco
1,248 N e v a d a ............
3 ,9 3 3 U t a h .................
1 , 5 12 N ew M ex ic o ..
1,065 W y o m in g ........
l , 9 b l (I d a h o ...............
1 2 ,9 5 7 W a s h in g to n ...
1,1 6 8 A r iz o n a ...........
1 50 A la s k a ..............

N o.

$
8 1 3 ,510
2 1 5 ,9 7 9
2 2 5 .1 0 7
6 ,3 8 6 ,3 2 1
7 ,4 8 7 ,6 0 0
1,541,341
2 ,7 1 9 ,0 2 u

178
39
107
99
259
31
228
247
177
4 57
211
251
299
2,5 8 3

1890.

1891.

101 -102
105)6-1053
07 - 97
96 - 96

AND

18 9 2 , 1 8 9 1 , 1 8 9 0 , 1 8 3 9 , 1 8 8 8 A N D 1 8 8 7 .— P R E P A R E D

N o v 'b e r .

Low . H ig h L ew . H ig h L o w .H ig h L o w .H ig h L o w .H ig h

4 1 4 ,7 5 9

l
5 16
129
6 4 7 .2 0 0
6 .1 6 7
2 72 1 ,6 6 0 ,7 0 0 | 2 6 ,5 2 2
183 1 5 ,2 8 2 ,6 0 6
14
45 .S 0 0
1 ,3 7 0
2 1 3 ,5 5 7
39
2 ,6 7 5
17
2 5 3 ,1 9 9
1,943
11 1 ,3 6 7 ,4 0 0
9 19
1 6 5 ,7 0 0
2 ,4 4 9
16
54
3,8 6 1
2 3 3 .5 0 0
1 ,0 0 7
6
3 3 ,0 0 0
102
973 2 2 ,0 6 8 ,6 1 7

4 7 ,5 3 1

167360,944

994,281

1 4.,081.1 69 1.252 10.3 9 6 .8 8 4

7 4 .2 6 6

9,634

THE CHRONICLE

J anuary 7 , 18S3.J

31

QUOTATIONS OF STEELING- EXCHANGE FOR EVERY DAY IN THE YEAR 1802.
[C o m p ile d fro m tlie q u o ta tio n s o f le a d in g b a n k e r s .]
D ay

February.
of
January.
M o n ..60 d . S ig h t. 60 d . S i g h t .

1

.......
2 ..

S ........

R e n te m V r .
. 00 d . S ig h t . (

H o liday.
. .82*4-3 8 5 -*4
S.

4. 87-*6 4 89

. . .

4
S2H-385-5*6
5
8 3-3*435-5*4
6
8 3-3*4
85 6*4
7. . . . 4 83*6 85*4-6
....... 83*6*A 85*6-0
9 ..
. . 83*4-4 85H-6

8
10 ....
1 1 ..
12. . . 4

81

. .4 34

.

. _

. . .

13
4
81
14
4
84
15
83-8185*6-0
1 6 ..
.. 83-81 85^-0
1 7 ..
..
S.
18........83-81 85}o-6
19. ...8 3 -8 1 80*4-6
2 0 .. ..4 81 1 80
21. .
.. 81-1*4 86-6*6
22....... 1 81*6 4 66*6
4 87
23. .. 4 84*1 4 86*6 1 86*6 189
4 8*1*6 1 89
4 87
2-4.......
S.
2 5 ..
.. P4J6-586-6*6
86*6-788*6-9 4 87
86-6*6 1 89
4 87
26
8 4 j|-5 86*6-7
86-6*6 4 89
S.
27
8 4*6-580*4-7
S.
4 87
28. ...84*6-5 86*6-7
86-6*6 88*6 0 4 87
2 9 ..
.. 4 85 487
. . . . . 7 85
......... 4 874 87
50
........................1
51
S. ............................ 1 87
Range—
4 86*6 4 89
4 57
H igh .4 85 4 87
4 8 ' 4 87
4 8t5
Low .. 4 82*6 4 85

4 87-*6 4 89
87-*4 88*6-9
87-*6 88*6-9
87-*6 88*6-9
87-*6 88*6-9
S.
86*6-7*683-89
86*6-7 88-*6
86*6-7 89-*6
86*6-7 SS-*6
88*6-7 88-*6
86*6*7 88-*6
S.
86*6-7 88-*6
4 87 4 8s*6
4 87 4 83*6
4 87*6 4 89
4 S7*6 4 89
480 87*6-8 89-*6
489
489 87*6-9 *89-*6
489 4 88 4 89*'
4 as 4 89*6
489 4 88 4 89*6
4 89 4 89 4 89*6
489 4 83 4 89*6
489

87*6-8 89-*6
'*6-8 H9-jwl
87*6-3 89-16
87*6-8 89-*6
S.
87*6-8 89-*6
H7J6-8 4 8rf
87-tf 83*6-9
87-8 bs*6 9
87-*6 83V6-9 S3
87 -*6 83*6 9 83

8 0 -U <37*6-3

8

8746
87-*6
8746
87-*6
87-*6
S7-*6

S.

83*6-9
88*6-9
83*6-9
83*6-9
88*6-9
88*6-9
S.
87-'6 4 83*6
87-*6 4 88*6
87-*6 4 88*6
87-*6 4 88*6
87-*6 83*6-9
83*6-9
S.
Holiday.
87*6-8 4 89

8?-*6

489 4 88 4 89*6 4 88
4 87
488 4 S»*6 4 83

1 83

5'S9-*6
89 -*6
89-*6
8V -*6

88^

8>*-*6
89-*6

S.

4 aS-*6 89-*6
4 88-V6 89-*6
4 8«-*6 89 -*6
87*6-8 80-J6

S.

87*6 8
87*6-8
87*6 8
4 83

4 89
89-*6
89-',6
89-*6

TVeek Ending January 7.
1 8 92.

1893.

P e r Cent

B o sto n ............................................
P h ila d e lp h ia ......................... —
B a ltim o re ......................................
C h icag o ..........................................
S t . L o u is .......................................
N ew O r le a n s ...............................

$6 3 1 ,8 0 7 ,0 1 4
100,277,834
7 5 ,8 91,381
13,069,096
96,025,333
22,842,526
13,449,500

$ 7 6 4 ,818,536
9 8 ,2 01,408
74,003,924
16,011,439
8 9 ,2 4 8 ,0 0 0
2 2 ,6 6 4 ,6 5 0
12.9 5 0 ,8 9 0

-1 7 4
+ 2 -1
+ 2-7
-1 8 -4
47 5
-j-0‘8
+39

S ev e n citie s , 5 d a y s ..........
O th e r c itie s , 5 d ay s..................

$953,462,684
176,497,232

$1,07 7 ,8 9 8 ,8 4 7
166,401,273

—11*5
+ 6-1

T o ta l a ll citie s , 5 days___
A ll o itie s, 1 day ..........................

$ 1 ,129,S 59,916
224,619,347

$ 1 ,2 4 4 ,3 0 0 ,1 2 0
262.5 0 7 ,3 1 7

-9 2
- 1 4 '4

$1,354,579,263

$ 1 ,506,807,437

-101

N ew Y o rk .....................................

T o ta l a ll c itie s lo r w eek.

The transactions of the Stock Exchange Clearing-House
from December 26, down to and including Friday, January 6,
also the aggregates for May (from 17th to 31st), June, July,
August, September, October, November and December are
given in tabular form below.
STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.

.— S h a r e s , b o th s id e s .—,
C le a re d .
T o ta l V a lu e .
M o n th —
$
M ay........... 4 733,600
266,200,000
J u n e ......... 16,08-1,000 1,041,048,200
Ju ly ..........
0,807,300
699,313,200
A u gu st....
13,098,180 077,583,000
S a p t.......... 18,857,800 1,268,000,000
O cto b er..
20,720,300 1,358.733,000
Novemb'r
10,519,200 1,113,800,000
D ecem bT
25,221,100 1,758,000,000

D ec.
•'
“
“
“

.------- B a la n c e s , o n e s id e , ------- . S h eets
S h a r e s . V a lu e S h a r e s . C a sh . C le a r ’d .
446,000
1,598,750
1,120,100
1,657,100
2.065,800
2,325,800
1,831,500
2,687.300

$

22,600,500
01,566,700
74,186,100
107,386,900
128,063,500
148,622.000
128,075,000
102,600,000

$

208,300
1,433,071
074,700
1,301,600
1,697,506
1,761.400
1,417,800
2,817,400

2,190
5.8S6
5,886
6,183
6,262
0.862
5,798
0,603

2 6 ....................................................... H O L ID A Y ...................................................
2 7 ..
7 7 9 ,5 0 0 4 9 ,9 0 0 ,0 0 0
8 1 ,8 0 0
5 ,8 0 0 ,0 0 0 4 6 ,7 0 0
2 82
2 8 ..
5 7 2 ,0 0 0 3 7 ,2 0 0 ,0 0 0
6 9 ,9 0 0
4 ,6 0 0 ,0 0 0 5 0 ,8 0 0
288
2 9 ..
8 5 2 ,8 0 0 5 3 ,1 0 0 ,0 0 0
8 7 ,0 0 0
5 ,6 0 0 ,0 0 0 6 4 ,2 0 0 3 03
3 0 ..
9 3 2 ,9 0 0 5 4 ,3 0 0 ,0 0 0
9 9 ,1 0 0
6 ,9 0 0 ,0 0 0 1 2 4 ,4 0 0
297

T o t. w k . 3 ,1 3 7 ,2 0 0 1 9 4 ,5 0 0 ,0 0 0 337,300 2 2 ,4 0 0 ,0 0 0 286,100 1 ,1 7 0
.J a n . 2 ........................................................H O L ID A Y ....................................................
3 . . 9 6 5 ,7 0 0
6 8 ,5 0 0 ,0 0 0 1 1 8 ,7 0 0 8 ,5 0 0 ,0 0 0
8 1 ,0 0 0
312
“
4 . . 8 6 7 ,4 0 0 5 6 ,0 0 0 ,0 0 0
9 7 ,0 0 0 6 ,9 0 0 ,0 0 0
9 1 ,6 0 0
3 23
“
5 . . 9 0 2 ,0 0 0 6 0 ,4 0 0 ,0 0 0
8 9 ,9 0 0 6 ,2 0 0 ,0 0 0 1 0 9 ,8 0 0
3 10
“
6 ..1 ,1 0 5 ,6 0 0 7 3 ,9 0 0 ,0 0 0
9 5 ,3 0 0 6 ,4 0 0 ,0 0 0 1 0 2 ,7 0 0
3 07
T o t. r t . . 3 ,8 4 0 .7 0 0 2 5 8 ,3 0 0 ,0 0 0

81-’6 87*44
II
Wji 83U-9
84*6 R*-N 4 8 -*6 4 HI»

85*6-0 87-*6 81+6 4 87

S^*6-fl 87-*6 4 8 i'6 4 87
H o lid a y . 4 81*6 4 87

4 81*6 4 89

4 8 **6 4 89
8 ’*6-0 8 7-*1
4 815*6 4 89
8.
85'6-0 .87-*6 81*6-5 4 87 4 *o>6 4 89
85H-0 8 7- *6 4 8.x 1 *7*< 4 80*-6 4 89
• 87V l 80-7 83*6-9
! 3 >*6-0*8746
4 83 4 80-7 88*6-9
4 85 4 83
4 *6-5 *6 87
80-*
£84*6-5 H8-*6 4 85'-6 i 83
1 4 81-5 89*6-7

■l H oliday.

8.

85 «,-fl *6 83-9

808--*6
4 85*4 4 88
m-y. 88-*6
4 85*6 4 83
S.
85*6-0 83-*6 4 m yt 4 88*6
4 84-5 80*6-7 Holiday. 4 80*6 4 83*6
81*6-5 80*6-7 4 8*5 4 88*6
8.
il-*6 86*6-7 4 S3 4 83*6 H o lid a y .

3 4 81-5 85*6

4 86*6 4 r>3*6

4 80 ' 4 *8*4 80-*6 83-<4
80-*6 83*6-9 30-*6 8 8 * 4
S i-*6 83*6-9 8 3-*6 4 83*6
89-*6 4 88*4

4 89*6 4 83*6 4 89*6 4 .38 4 89*6 4 83
4 83*6 4 87*6 4 89
1 87*6 1 89
4 87

Clearings by Telegraph— Stock Exchange Clearing
House Transactions.—The subjoined statement covers the
clearings for the current week, usually given on the first page
of the C h r o n i c l e , but which on account of the length of the
other tables is crowded out once a month. The figures are
received by telegraph from the leading cities. It will be
observed that as compared with the corresponding week of
1893 there is a loss in the aggregate of 10Y per cent, this
result being due in large part to the fact that New Year’s day
was observed on Monday of the week in this year, whereas in
1893 the figures cover a full week. Taking the figures as
they stand, however, we find that New York exhibits a de­
crease of 17‘4 per cent, Boston a gain of 3-1 per cent, Phila­
delphia 3’7 per cent, Chicago 7-5 per cent, New Orleans 3-9
per cent, and St. Louis 0-8 per cent, and Baltimore records a
decline of 18-4 per cent.
CLEARINGS
R etu rn s by Telegraph.

\-\Z 87*6-3

4 as

8*1-*6 4 83
8 >-*6 4 83
S'i-U
^80-*y

3 9 8 ,9 0 0 2 8 ,0 0 0 ,0 0 0 3 8 5 ,1 0 0 1 ,2 5 2

From May 17 to 24 inclusive the stocks cleared were Chi­
cago Milwaukee & St. Paul, Louisville & Nashville, Northern
Pacific pref. and Philadelphia & Reading. On the 25th,
Atchison, Chicago Burlington & Quincy, Bock Island and
Union Pacific were added to the list. On June 4, Chicago
Gas, Missouri Pacific, New York Lake Erie & Western and

4 89*6 4 87*6 4 89 4 30*6 4 83
1 83*6 4 80 4 .37*6 4 83*6 4 31

4 80*6 4 8 *
■» V,*6 4 *7

4 87 4 99
4 85*6 i *8

New York & New Eugland were added; on June 15, Delaware
Lackawanna & Western, American Sugar common and
Western Union were added. On Sept. 21. Distilling & Cattle
Feeding was added. On Dec. 27, National Lead common
was added to the list and Delaware Lackawanna & Western
was dropped.

Wim ciar g=©urametxial gtiglisfr JJjeuia
[F r o m o u r o w n c o rr e s p o n d e n t.]
L o n d o n , Saturday, December

24,'1892.
The silver crisis has of late greatly restricted the manufac­
ture of bills. Ever since the Baring collapse the great finan­
cial houses of Loudon have been accepting on a smaller scale
than they formerly did, and during the past year, and es­
pecially during the past half-year, the Indian banks have been
curtailing in every way possible their transactions. One of
them—the New Oriental—recently went into liquidation ; an­
other—the Chartered Mercantile—has had to be reorganized,
and the remainder, though solvent, have been reducing their
engagements in every way. The consequence is that the sup­
ply of bills in London is much smaller than it has been for
very many years. American bills, it is true, are large, owing
to the magnitude of American exports, hut with that excep­
tion there is a material reduction in all bills. Consequently
the rate of discount in tlie open market is at present under
1% per cent, although there is widespread uneasiness. No­
body knows what may happen from day to day and every­
one, therefore, is strengthening himself and reducing his
commitments.
The silver market just now is in a peculiar condition. On
Wednesday the India Council was able to sell its bills at a
price decidedly higher than the silver parity ; that is to say,
it would have cost less to buy silver, send it out to India and
have it coined, than to buy the Council bills. Bui the coining
would take about three weeks, and so much do the In­
dian banks fear that the Indian Government w ill he
compelled to suspend the coinage of silver that they
do not wish to risk the delay. They know, of course,
that some time w ill be given, but they fear all
the same that the Government may find itself in such
a position that it may have to act more promptly
than under ordinary circumstances would bo possi­
ble. Furthermore, the price of silver in London is higher
than the New York parity, for dealers hero will not buy for
future delivery even for so short a time as would be required
to bring silver from New York. All this illustrates the
anxiety that exists and the fear that we are on the eve of a
further great fall in silver. Everybody here is convinced that
the course of the market will mainly be determined by the
action of the United States Government, and every report
therefore, from the United States is waited for with the
greatest anxiety.
Mr. Carl Meyer, of Rothscliilds’.who accompanied Mr. Alfred
Rothschild to the Brussels Conference, delivered a lecture on
Wednesday evening at the German Athenaeum here on the
Conference. The lecture was in German, and no reporters
1 were admitted. The audience was a distinguished one, and

THE CHRONICLE.

32

listened with great attention. The first part of the lecture
was devoted to an exposition and defence of Mr. Alfred Roths­
child’s proposal to the conference. Then followed a criticism
of the proceedings, during which Mr. Meyer commented un­
favorably upon the conduct of both the American and the
British delegates. Both, he said, were divided. Some of the
British delegates were appointed by the Conservative Govern­
ment, some by the Liberal, and'they could not agree upon any
policy. The American delegates too were divided, and some
of them voted against Mr. Rothschild’s proposal. In conclu­
sion Mr. Meyer, warning his audience that he spoke only for
himself, expressed the opinion that the present United States
Congress will not repeal the Sherman Act, but that the new
Congress will be called together early and will repeal it; and
he added that then he feared the Indian Government would
be compelled to suspend the free coinage of silver.
It is hardly an exaggeration to say that business upon the
Stock Exchange has been suspended all through the week.
Yet every careful observer is surprised how little prices have
fallen. In the American department nothing is doing. The
general'public is holding quite aloof, as it has been all through
the year, and operators are afraid to incur risks. The fears
excited by the silver crisis are aggravated by the Panama
Inquiry in Paris. At the beginning of the week application
was made to the Chambers for permission to prosecute
five Deputies and five Senators, and it is feared that
many others w ill be proceeded against. At the same
time the business classes in Paris now hope that the
danger of revolution is past. There is no popular Pretender
strong enough to supplant the Republic, and street fighting is
thought impossible, as the army will obey orders. But in
spite of all that there is the fear that President Carnot may
be compelled to resign. In that case it is thought that M.
Brisson would be elected President, and that a Governmen t
of the Extreme Left would be formed. Such a Government,
it is apprehended, would alarm France, and there might then
be a revolution, or the Government in desperation might
make war upon Germany. In any case a crash upon the Bourse
is looked for, while it is clearly impossible to raise foreign
loans in Paris. One result is that the Austro-Hungarian loan
has to be postponed once more. Another is that Russia will
be unable to obtain accommodation in France.
The cotton strike still goes on, but some of the employers in
Northeast Lancashire have decided to adopt short-time; wha^
proportion is not known. It will be recollected that a few
weeks ago the employers, in an interview with the employed,
agreed to do nothingjuntil the strike was over. If the strike re­
sulted in a reduction of wages, a reduction was to take place
also in Northeast Lancashire; if the work-people won, then
there was to be no change. The leaders of the operatives in'
sist that the majority of the employers in Northeast Lane a’
shire will keep to their engagement, while others assert that
short-time will generally be adopted. If it is, the work-people
in the rest of Lancashire will not be able to contribute largely
to the strikers, and the strike therefore may suddenly break
down. There is also a chance that the threatened strike in
South Wales may be averted. A meeting of representatives
of the employers and the employed has agreed to postpone
action and to consult the employe d once more as to a reviva
of the sliding scale.
In spite of the general distrust the promoters of the Central
London Railway are preparing for an issue of the company.
At the present moment, of course, the issue could not succeed,
but if there is improvement the company will be brought out
very soon. 1 be railway is to run from the Mansion House to
Shepherds Busli under Oxford Street, a distance of about six
mibs. The depth is to be about fifty feet, and the tunnels
are to be constructed without disturbing the roadway. The
share capital is two and three-quarter millions sterling, and
there is authoiity to issue debentures to the amount of
£900,000.
The following return shows the position of the Bank f
England, the Bank rate of discount, the price of consols, &,,
ompared with the laBt three years:
1892.

Dec., 21.
£
C irc u la tio n ......... . . . . . . . ...............
P u blic deposits........................ .
Other deposits . . . . .......................
Government securities................
Other securities..............................
Reserve ............................................
Coin and bullion.............................
Prop , assets to liabilities.per ct.
B an k rate ......................... p e rct.
Cons >ls 'iH per cen t .................
C le a r s - - . h u-*
.........

1891.
Dec. 23.

£

25,491,980 25.68 i,115
4,756,595
5,713,077
29.269.855 29,078,046
11,256,058 10,1^1.963
25,076,855 28,513,113
15,527,014 14,010,991
24,569.024 23,143,109
40
45«
3
3%
95 o -16
97 5-16
] :8 79?, V o 120.124,0)0

1890.
Dec. 24.

[Y ol , LAI.

The following shows the imports of cereal produce into the
united Kingdom during the first sixteen weeks of the season
compared with previous seasons:
IMPORTS.

18 9 2 .
Im p o r ts o f w lie a t.o w t.2 2 ,5 4 1 ,3 0 5
B a rle y ............................. 7 ,3 6 4 ,2 1 2
O a ts ................................. 4 ,9 5 2 ,7 2 9
P e a s .................................
8 4 8 ,4 7 3
B e a n s .............................. 1 ,5 0 7 ,1 5 3
In d ia n o o rn ................. 1 0 ,0 6 0 ,6 8 3
F lo u r............................... 7 ,0 0 1 ,4 2 0

1890.
2 0 ,4 8 1 ,5 5 2
8 ,8 4 2 ,5 8 8
4 ,2 6 7 .4 9 8
5 3 4 ,8 4 3
8 6 8 ,2 3 8
8 ,7 9 8 ,3 4 4
4 ,5 2 4 ,8 8 7

1889.
1 9 ,0 7 3 ,6 1 1
7 ,1 0 7 ,8 8 8
4 ,7 7 4 ,0 0 5
4 5 4 ,3 8 5
1 ,1 9 9 ,9 7 0
9 ,4 9 3 ,3 5 5
5 ,2 5 5 ,5 3 3

Supplies available for consumption (exclusive of stocks on
-September 1):
1892.
N h e a t .................... ow t, 2 2 ,5 4 4 ,3 0 5
Im p o rts o f flo u r .......... 7 ,0 0 1 ,4 2 0
'a le s o f h o m e -g ro w n . 8 ,7 4 7 ,7 4 3

1891.
2 7 ,4 3 1 ,7 7 6
5 ,0 2 3 ,7 5 1
1 1 ,2 2 8 ,0 5 9

1890.
1889
2 0 ,4 8 1 ,5 5 2 1 9 ,0 7 3 ,6 1 1
4 ,5 2 4 ,8 8 7
5 .2 5 5 ,5 3 3
1 3 ,9 6 2 ,0 0 0 1 7 ,6 9 6 ,4 7 5

T o t a l...................... 3 8 ,2 9 3 ,4 6 8 4 3 ,6 8 3 ,5 8 9 3 8 ,9 8 8 ,4 3 9 4 2 ,0 2 5 ,6 1 9
1892.
1891.
1890
1889.
Ar e r . p ric e w h e a t w e e k .2 6 s.
44.
36s. 10d.
32s. 4d.
30s. i d .
A verage p ric e , s e a s o n . .2 8 s .
Id .
37 s. I d .
3 2 s. 2d .
29 8 .1 1 (1 .

The following shows the quantities of wheat, flour and
oaize afloat to the United Kingdom:
T h is w ee k

1891.
2 ,1 5 7 ,5 0 0
4 4 3 ,0 0 0
..............

L a s t w ee k .

W h e a t................... q re . 2 ,7 3 3 ,0 0 0
F lo u r, e q u a l to q r s .
5 3 5 ,0 0 0
4ai7.i, ................... q r s
4 0 5 ,0 0 0
n u iin a it P u u tiic ia i

2 ,2 7 3 ,0 0 0
3 2 2 .0 0 0

1890.
1 ,7 7 9 ,0 0 0
3 6 5 ,0 0 0
5 0 4 ,0 0 0

u a r a e ia ™ P g r O a n ia .

The daily closing quotations for securities. &c.. at London
are reported bv cable as follows for the week ending Jau. 6 :
Loivdon.

S al.

S liver, p e r o z ...................d
0 o n s o ls,n e w ,2 % p e r ctB.
do fo r a c c o u n t..........
Pr’ch r e n te s ( in P a r is ) f r .
[J. 8. 4s of 1 9 0 7 .............
□ a n a d ia n P a c ific ..............
Ohio. Mil. & 8 t. P a u l . . . .
Illin o is C e n tr a l.................
L ake S h o re .........................
L o u isv ille & N a s h v ille ..
M exican C e n tra l 4 s ........
N. Y. C e n tra l & H u d so n .
ST. Y. L a k e E r ie & W e st’n
do
2 d c o n s .............
N orfolk <fe W e s te rn , p r e f .
N o rth e rn P a c ific p r e f . ..
P e n n s y lv a n ia .....................
P h ila d e lp h ia & R e a d in g .
tJnion P a c ific .....................
W abash p i e f .....................

M on.

3S sie
98
98
97*27% 95*77
;
;

90*6
79%
102
131
73%
68
113
24%
10 4
39%
48%
55%
■26%
39%
24%

k
a
0

co
P-

(S o ra m e v c ta i a n ti m

Tues.

Wen.

T fiu rs.

JfY\.

38%
38310 38%
38%
98316 983,6
98
9^%
98%
98%
98%«
94-95 95-22% 94-37% 94-22%
l
91%
90%
90%
90%
79%
79
73%
78%
10134 101%
102% 101%
131
131
131
131
73 a,
73%
73%
73%
x 66%
66%
66%
66
113
113%
113
113%
24%
24%
24%
2434
104
1 04
104
104
39
38%
38%
37%
48%
47%
47%
46%
55%
55%
55%
5534
26%
25%
25%
26
40%
40%
4 0 58
40%
24%
25%
24%
24%

i s c e l l a n e o u s

i l e m

s

N a t io n a l , B a n k s . — T h e f o l l o w i n g n a t i o n a l b a n k s h a v e
re c e n tly b e e n o rg a n iz e d :
4 ,8 2 4 —T h e F i r s t N a tio n a l B a n k o f S a n b o rn , Io w a . C a p ita l, $ 5 0 ,0 0 0 .
P r e s id e n t, W illia m H a r k e r ; C a s h ie r, J . H . D a ly ,
Im p o r t s a n d E x p o r t s f o r t h e W e e k , — T h e f o llo w in g a r e
th e im p o rts a t N e w Y o rk f o r th e w e e k e n d in g f o r d r y g o o d s
Dec. 29 a n d f o r t h e w e e k e n d i n g f o r g e n e r a l m e r c h a n d i s e
D e c . 30 ; a l s o t o t a l s s i n c e t h e b e g i n n i n g o f t h e f i r s t w e e k in
J a n u a ry .
fOREIOH IMPORTS AT SEW TORE.

Por Week.

1890.

1889.

J ry G o o d s........
♦«n’l m e r’d ise-

$ 2 ,2 0 6 ,6 4 5
5 ,1 0 2 ,3 9 7

$ 1 ,4 9 9 ,9 2 6
5 ,lo 5 ,0 1 2

J8 9 1 .

1892

$ 2 ,3 6 1 ,8 4 5
1 1 ,1 3 0 ,1 3 6

$ 3 ,1 0 5 ,3 1 4
7 ,7 6 9 ,2 2 7

T o ta l............
$ 7 ,3 0 9 ,0 4 2
$ 6 ,6 3 4 ,9 9 8 $ 1 3 ,4 9 1 ,9 8 1 $ 1 0 ,8 7 4 ,5 4 1
Since J a n . 1.
J ry G o o d s........ $ 1 3 3 ,3 1 9 ,1 1 8 $ 1 4 6 ,1 4 4 ,0 2 8 $ 1 1 6 ,2 9 8 ,4 1 5 , $ 1 2 8 ,5 4 0 ,3 5 1
*eiPl m e r’d is e . 3 6 0 ,0 5 0 ,1 1 6 3 9 1 ,0 8 1 ,8 9 3 4 0 6 ,7 4 2 ,4 2 4 4 4 8 ,7 6 2 ,7 8 7
Cor-al 52 w eeks. $ 4 9 3 ,3 6 9 ,2 3 4 $ 5 3 7 ,2 2 5 ,9 2 1 $ 5 2 3 ,0 4 0 ,8 3 9 |$ 5 7 7 ,3 0 3 ,1 3 $

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for tfce
week ending January 3 and from January 1 to date :
EXPORTS FROM NEW YORK FOR THE WEEK.

is- th e w e e k .,
'"rev. r e p o r te d .

18 9 0 .

18 9 1 .

18 9 2 .

1893.

$4 , 3 0 ,1 7 9
3 3 5 ,3 1 7 ,4 2 7

$ 6 ,6 0 8 ,4 4 7
3 4 8 ,2 6 9 ,0 4 3

$ 8 ,7 2 4 ,3 0 6
3 8 1 ,6 7 0 ,3 2 5

$ 6 ,3 2 1 ,6 6 7
3 8 3 ,8 6 5 ,8 2 3

T ta i 52 w eeks" $339,547,60*6 $ 3 5 4 ,8 7 7 ,4 9 0 $ 3 9 0 ,3 9 4 ,6 3 1 * 3 9 0 ,1 8 7 ,4 9 0
* F o r y e a r s 1 8 8 9 ,1 8 9 0 ,1 8 9 1 a n d 1892.

Ihefoliowmg table shows the exports and imports of speci6
»i the port of New York for the week ending Dec. 31 and
since Jan. 1, 1892, and for the corresponding periods in 1891
and 1890 :
EXPORTS AND IMPORTS OF SPECIE AT NEW YORE..

1889

S old,
i
24,893,285 24.414.930
5.423,454
6,011,198
- r e s t B r i t a i n ..............
30,251,051 22.633.846
F r a n c e ............................
i e r m a n y .......................
10,141,433 15.253 981
28,600.033 21.659,490
14,891,842
9.590 260 { M exico............................
I lo u th A m e ric a ...........
23,338,127
17,805,190 I AU o th e r c o u n tr ie s ..
41 9-16
33M
5
5
T o tal 1 8 9 2 ............
T otal 1 8 9 1 ............
95 9-13
97 1-16
T otal 1 8 9 0 ............
123.;-9’1,00U 117 237," 0
X

1891.
2 7 ,4 3 1 ,7 7 6
9 ,5 5 3 ,3 0 2
4 ,6 7 5 ,7 9 4
1 ,0 4 6 ,0 8 9
1 ,3 8 9 ,9 0 2
5 ,7 9 9 ,3 3 5
5 .0 2 3 ,7 5 4

E x p o rts.
Week.
$ 8 ,9 0 0
5 0 0 ,0 0 0
1 8 ,4 1 2
60,6 do

Sin ce J a n . 1.
$ 6 ,2 3 1 ,5 4 3
2 2 ,6 1 0 ,2 2 8
3 3 ,2 6 7 ,3 5 0
7 ,2 2 9 ,0 3 2
1 6 ,150
1 ,8 3 1 ,9 8 3
1 0 ,5 0 0

$ 5 8 7 ,3 1 2 $ 7 1 ,1 9 6 ,7 8 6
61,462 76,0i 5 .“ 43
5 2 .6 7 0 1H,4 5 1 ,3 8 7

Im p o r ts,
Week.

S in c e J a n . 1

36
8,200

1 ,3 4 2
1 6 ,3 7 8
4 ,0 0 0
$ 3 0 ,5 5 6
2 7 ,1 4 8

7 7 ,7 3 2

$ 3 2 ,8 1 3
4 ,7 3 8 ,2 1 0
9 1 4 ,3 2 1
1,770,6745 3 ,9 6 7
7 8 7 ,5 1 7
2 2 1 ,0 8 7
*8.518,5863 2 ,0 6 8 ,9 2 7
1 3 ,6 5 0 ,7 5 7

THE CHRONICLE.

J anuary 7,1898. J

Im p o rts.

E xp o rts.
S ilv e r.

S in ce J a n . 1.

Week.

N. ¥. and Brooklyn Was Securities—Brokers’ Quotation*,

S in ce J a n . 1.

Week.

S ou th A m e r ic a ..........
A il o th er c o u n tr ie s ..

$ 6 9 3 ,5 0 0 $ 2 0 ,8 1 1 ,8 1 5
12,0 00
8 2 7 ,5 3 9
1 1 ,5 0 0
4 ,1 2 7
1 ,0 0 5 ,5 4 0
3 8 ,2 1 5
5 6 9 ,1 3 8
8,661
2 9 ,1 6 9

8,824

* 2 1 ,014
3 3 5 ,737
1 0 0 ,855
3 9 2 .2 2 8
1 ,1 9 9 ,2 0 1
9 2 4 ,0 5 0
8 6 ,683

T o ta l 1 8 9 2 ............
T o ta l 1 8 9 1 ............
T otal 1 8 9 0 ............

$ 7 1 8 ,2 8 8 $ 2 3 ,2 9 5 ,9 1 6
6 9 6 ,8 1 4 2 0 .9 6 1 ,4 7 8
8 7 2 ,4 5 8 1 7 ,2 4 6 ,2 8 8

$ 3 ,8 2 4
3 0 6 ,0 6 0
1 5 7 ,7 5 0

$ 3 ,0 5 9 ,7 6 3
3 ,0 8 2 ,5 3 6
6 ,7 2 5 ,7 0 6

0 r e a t B r i t a i n . .. ........
F r a n c e ............................
W est I n d ie s .................

The movement of breadsfcutls to market is indicated in the
statement below, prepared by us from the figures of the Ne «
York Produce Exchange. We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Dec. 31,1892
and since August 1, for each of the last three years:
Receipts at—

Flour.
BblsMWlbs
79,330
52.875

Duluth. .
Minneapolis.
Detroit.........
Cleveland....
St. Louis......
Peoria...........

2*252
8,932
19,015
2,550
160,589
213,511
159,007

1892...........
1891...........
1890............

Wheat.

Oats.

Com.

Bariev.

2,812,282
4,152 431
1,240,883

2,040,392
1,892,893
1,199,010

GAS CO M PA N IES.

714,935
652,736
507,768

112,415
191.811
75,989

6,881,202 157,280,196 56,306,786 56,297,769 19,178,804 5,137,135
5,577,437 145.248.459 50,547,054 52,501,480 18,844,521 12,041,247
5.150,553 65,360,204 43,084,009 40,651,559 20,974,685 2.430.057

N ew Y ork
B o sto n ...
Portland.
N o rfo lk ..
P h il ad e l .
B a ltia i’re
N . Orl’n s.
N . N e w s.
M ontreal

,
W heat.

C orn.

F lo u r.

B ush.
4 3 0 ,1 5 3
5 2 ,7 9 4
3 5 ,7 3 8

B ush.
1 9 1 ,3 6 4
1 0 5 ,5 0 2

2 4 .0 0 0
1 7 9 ,7 0 9
4 1 7 ,0 3 1

2 0 ,0 0 0
3 4 .5 8 0
7 5 ,0 3 0
1 2 ,0 6 9

B h ls.
1 3 2 ,3 0 4
5 8 .4 1 5
2 ,5 5 8

Tot. w eek 1 ,1 3 9 ,4 2 5 4 3 8 ,5 4 5
S’m e tim e
1 8 9 1 . .. 1 .6 6 8 ,0 3 5 2 ,4 9 7 ,2 1 1

Oats.

Rye.

B ush.
1 3 ,2 7 0
2 1 ,6 6 8
4 4 ,3 0 5

r e c e ip t s

8,293

B ush.
9.219
2 1 ,0 5 4
4 4 ,3 1 4

8,2 9 3

7 4 ,587

5,2 7 1
2 1 ,6 4 6
693

2 2 0 ,8 8 7

7 9 ,2 4 3

2 8 9 ,2 8 3

49 4 ,2 5 4 .

2 6 ,175. 1 0 8 ,9 9 9

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, Dec. 31, 1892:
W heat,
C o rn ,
Oats,
I n store at—
bush.
bush.
bush.
N ew Y o rk ............1 5 ,2 6 3 ,0 0 0 1 .8 1 7 .0 0 0 1 .6 5 9 .0 0 0
B o a f l o a t .. .. 1 ,2 6 0 ,0 0 0
1 7 4 .0 0 0
4 2 0 .0 0 0
A lb a n y ........................................
6,000
3 4 .0 0 0
B u ffalo.................. 4 ,2 6 1 ,0 0 0
1 6 0 .0 0 0
5 7 .0 0 0
B o a flo a t___
5 3 6 ,0 0 0
2 8 8 ,0 0 0
C h icago------------ 1 1 ,7 5 0 ,0 0 0 5 .0 4 8 .0 0 0 2 .5 5 5 .0 0 0
B o a flo a t ... 1 ,0 9 6 ,0 0 0
7 8 7 ,0 0 0
2 0 5 .0 0 0
M ilw au k ee.......... 2 ,2 7 8 ,0 0 0
3 1 ,0 0 0
3 0 .0 0 0
D u lu th .................. 1 4 ,4 3 6 ,0 0 0
B o a f lo a t ....
5 7 1 ,0 0 0
T o le d o .................. 3 ,5 9 4 ,0 0 0
6 6 9 ,0 0 0
9 8 .0 0 0
B o a f lo a t ....
2 5 ,0 0 0
B e tr o it................. 1 ,7 4 6 ,0 0 0
3 4 .0 0 0
2 5 .0 0 0
O s w e g o ......................................
St. L ou is.............. 6 ,4 8 0 ,0 0 0 1,059*000
i6 i‘ooo
C in c in n a ti..........
6,0 0 0
3 ,0 0 0
1 1 .0 0 0
B o sto n ..................
1 5 8 ,0 0 0
5 0 .0 0 0
3 2 .0 0 0
T o ro n to ................
3 0 0 ,0 0 0
3 1 .0 0 0
M o n tr e a l. . . . . .
4 2 6 ,0 0 0
1 5 .0 0 0
2 6 5 .0 0 0
P h ila d e lp h ia ___ 1 ,5 4 1 ,0 0 0
3 9 8 .0 0 0
1 2 5 .0 0 0
P e o r ia ..................
1 2 6 ,0 0 0
2 7 2 .0 0 0
1 8 9 .0 0 0
In d ia n a p o lis___
4 6 0 ,0 0 0
1 0 9 .0 0 0
1 2 6 ,0 0 3
K an sas C ity ___ 1 ,8 6 2 ,0 0 0
2 1 3 .0 0 0
1 1 8 .0 0 0
B a ltim o r e .......... 1 ,2 9 7 ,0 0 0
2 3 1 .0 0 0
1 2 1 ,0 0 0
M in n e a p o lis___1 1 ,7 6 2 ,0 0 0
6 2 .0 0 0
7 6 .0 0 0
On c a n a l& r iv e r
5 8 ,0 0 0
T ot. B e c .3 1 /9 2 .8 1 ,2 9 1 ,0 0 0 1 1 ,4 2 6 ,0 0 0
T ot. B e c .2 4 ,’9 2 .7 9 ,8 3 5 ,0 0 0 1 1 , 128,000
Tot. Jan . 2 /9 2 .4 5 ,6 5 8 ,7 2 4 7 ,0 8 1 ,1 9 6
T ot. Jan . 3 /9 1 .2 5 ,8 4 7 ,0 7 5 2 ,7 5 7 ,5 0 5
T ot. Ja n . 4 /9 0 .3 3 ,7 5 6 ,0 0 4 9 ,2 8 9 ,3 32

6 .3 4 1 .0 0 0
6 .6 7 3 .0 0 0
3 ,8 6 8 ,5 7 9
3 ,7 9 5 ,6 0 3
5 ,1 2 1 ,0 5 1

R ye,

B a r le y ,
b u sh .

bush.
1 0 9 .0 0 0
4 0 .0 0 0
5 .0 0 0
1 1 5 .0 0 0

6 4 .000
9 3 .0 0 0
5 0 .000
9 2 5 ,0 0 0

396*000

5 3 ,0 0 0

f i i ’o'oo

16*1*000

96,6*00
* 6,00*0
4 4 .0 0 0
7 .0 0 0
1 5 , 6*66

3 9 .0 0 0
9 ,0 0 0
5 5 .0 0 0
1 4 9 ,0 0 0

1 ,1 9 0 ,0 0 0
1 ,1 9 7 ,0 0 0
2 ,3 1 5 ,9 8 5
4 7 6 ,5 0 4
1 ,2 2 8 ,9 2 6

1 4 2 .000
1 8 0 .0 0 0
8 6 ,000
1 6 2 .0 0 0
10,000
4 8 .0 0 0
8 0 .0 0 0

23*66*6

250 J Dry Dock E . B ’y & B.—
30
112
202

100

155
1*0*6"

Cuetoms.
Jan......
March..
April...
M ay....
J u n e ...
July....
ADU?...
Sept__
O ct.. ..
Nov__
D ec__

1891.

Inter'l Red'p. Misc'l Total.
0u«Rev'ue Fund. S'rcei
1 toms.

«
»
17,391 11,911
16,783 12,189
16,415 12,134
13,831 12,422
13,122 13,050
14,018 14,780
17,205 14,866
18,272 14,063
17,210 13,736
10,360r*14,151
14,269 13,051
16,308 14,844

$
159
57
212
417
270
261
257
551
43
548
55
140

*
2,129
1,727
1,288
2,401
2,057
1,500
2,243
1,144
852
768
1,420
1,915

1
31,590
30,756
30,04*
29.074
24,499 j
31,219)
84,571,
34,033
31,841
31,830
28,795
83,213

Inter'l Red'p. Minch Jowl.
Rev'ue Fanil. S'rcei

t
23,077
18,994
15,373
12,053
11.016
14,169
16,408
15,165
14,121
13.981
12,059
18,837

*
11,965
9.490
11,207
12,299
11,975
13,727
14,552
12,502
11,916
13,000
12,480
12,427

*
246
338
391
581
128
90

*
2,003
789
2,447
2,197
3,839
3,-Jfi

$
37.891
20.011
29,418
27.130
27,558
31,722

111
830
112
114
280

1,107
1.098
1,401
1,664
1,383

28,885
28,001
28,500
20,917
27,933

-26,402 357.920

Year... 191,790 161,200 2,979 19,507 375,470 L80.fi 13 >117,680
DISBURSEMENTS

(0006 omitted).
1891.

1892.

Jan......
F eb....
March..
April...
M ay....
J u n e..
July....
AUg....
Sept—
O ct. . . .
Nov —
D ec__

Ordinary.

N .Bk.
Pen- In- Red'v• Total.
sions. terest. Fund.

*
16,980
13,637
14,557
15,589
14 751
15,512
15,051
17,032
15,291
14,353
15,844
18,242

*
10.522
11,562
13,414
12,705
12,908
12 122
14,235
13,478
12,654
11,682
13,432
14,942

*
0,673
764
248
1,700
4.073
289
7,048
330
247
5,153
365
276

*
1,438
1,519
1,200
1,038
1,023
1,018
915
041
725
0 93
1,108
817

X.Bk.
PenIn- Red'p Total.
sions. terest Fund.

Ordinary.

*
35.603
27,482
29,425
SI,09gl
32,755
28,941.
17,249
32,081!
2^,917
31,881
30,740
34,277

%
*17,589
11,770
18,831
21,172
18,760
14,188
21,014
13,074
15,170
14,500
14,013
10,05sj

»
1.C80
17,310
9.518
204
8,521
18.721
13,603
5,094
0.0S3
10,977
11,784
13,141

*
2,851
300
702
2,355
73H
719
2,823
409
415
5,171
359
320

«
2,402
2,279
2,440
1,540
2,082
2,275
1,099
1,201
1,067
1,221
1,755
1,397

t
23,981
31,725
31,491
25,331
30,099
35,903
39,799
20,733
23.936
31.872
27,911
31,822

Y ear... 187.430 153,656 27,232 12,191'380,518 198,544 110.756 17,289 22,018 354,607
* Includes $39,581 disbursed for premiums.

Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction,
By Messrs, R. V. Harnett <£ Co.:
S h a re s.

S h a res.

50 N at. B road w ay B a n k ...267
10 Im p orters’ & T raders’
N at. B a n k .......................132
95 N at. C itizen s’s B a n k .... 158

3 5 0 0 N o. A m er. P h on ograp h
C o.................... $ 7 ,5 0 0 fo r lo t
3 ' 5 P in e Wood P ark L and &
Im p . C o................... $ 5 fo r lo t

By Messrs. Adrian H. Muller & Son :
S h a res.
I
S h a re s.
1 0 0 K in g s Co. E le v . HR. Co.........28 | 10 J o u r n e a y & Bnrnh. Co., com .89

U a u k t u o

L IB E R T Y

a n d

J ftiia u c ta i.

N A T IO N A L

BANK,

C e n t r a l B u ild in g . 1 4 3 L i b e r t y S t r e e t . N e w Y o r k .
C A P I T A L .,
# 3 0 0 ,0 0 0

1 2 3 ,000
3 ,2 0 5 ,0 0 0
2 ,2 8 0 ,0 0 0
2 /2 7 1 ,5 4 3
4 ,0 5 9 ,3 4 4
2 ,3 8 5 ,1 1 7

ACCOUNTS OF BANKS. BANKERS AND MERCHANTS SOLICITED.
HENRY C. TINKER President.
HENRY GRAVES. Vice-President
JAMES CHRISTIE. Cashier.
D IR E C T O R S .
H. C. FAHNESTOCK,
E. F. C. YOUNG.
HENRY C. TINKER.
HON. G. A. HOBART,
WM. RUNKLK,
HENRY GRAVES,
J. A. GARLAND.
DUMONT CLARKE,
GEO. F. BAKER,
JNO. H. 3TARIN.
J. R. MAXWELL,
S p e n c e r

City Railroad Securities—Brokers’ Quotations.
A tlan tic A v ^ S ’k ly n -S t’k, ..
Gen. M .,5s, 1 9 0 9 ...A & 0 |1 0 2
B l’oker St.
Pul. V. -S tk . 29
1st mort., 7s., 1900-.J& J110
Br’dw ay <fe 7thA v.—S t’k._ 198
lBt mort., 5s, 1904 .J&D 105
2d mort., 5a, 19 1 4 ...J & J J.05
B’w ay 1st, 5s, g n .......’24 105
2nd 5s, int. as rent., *05.i 93
Brooklyn City—N ew 3tock 235
B'klyn crosst’n 5s., 1908 109
Bkn.C’y& N 'n5s,1938. J&J 102
Central Crosstown—S t’k .. 160
1st mort., 6s, 1922.M &N 115
Cent. P k .N .& E .R iv.—Stk. 150
Consols, 7s, 1902 ...J & D 115
Dry Dk.E.B.tfc Bat’y—Stk. 170
1st mort., 7s, 1893,.J<ftD 100

111

(000s (Knitted).

1892.

F eas.

B u sh .

GAS C O M PA N IE S.

135~ 139
W illiam sb urg......... ..............150
124 124 >a Bonds, 0 s....... .....................low
180
M etropolitan B rooklyn).. 165
110
Municipal—Bonds, 7a....... 105
142
Fulton M unicip al............. IISO
100
102
Bonds, Us.............................105
160
E quitable...............................|l8 5
100
Bonds, 0 s ........................... 106
105
08

G o v e r n m e n t R e v e n u e a n d E x p e n d i t u r e s . — Through the
courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursements for the month of December. From
previous returns we obtain the figures for previous months
and in that manner complete the statement for the cal­
endar years 1892 and 1891.

The exports from the several seaboard ports for the week
ending Dec. 31, 1892, are shown in the annexed statement:
E x p o rts
fr o m —

Bid. Ask. l

fJrooklyn Gas-Light...........
Consolidated G as................
Jersey City «fe H oboken..
Metropolitan—B on d s.......
Mutual (N . Y .)...................
Bonds, 0 s......................
'Jaasan ( B rooklyn).......
S c r ip ....... ......................
Peopled {Brooklyn!.

Rue.

Bush.32 lbs Bush AS lbs B u .56 lb
360,229
23,275
1,223.267 1,023,819 1,304,486
154,900
49.940
155,0 )0
251,05 »
21,78.
900,0 "1
1,021,240
96,100
80
29.5,100
35,924
45,806
140.560
39,456
16,800
14,087
28,877
4,500
298,605
103,600
33,00)
178,398 1,031,010
27,550
222,100
45,900
4,000
335,000
3,833,042
4,564,144
1.897,609

33

100
275
106
300
100
73
111
72

I
101
.......
. .. .
305
103
76
114
74

E igh th A v.—Scrip, 0s, f014
42d & Gr’nd St. F ’ry—Stk.
1st mort., 78, 1893.A*feO
42<1 St. Mauh.<& St.N .A ve.
1 st mort., 68, 1910.. MAS
97
2d M,, incom e,6s....J<fcJ
Houat. W.St.& P .F ’y - S t k . 2001.......
240
1st mort., 7 s, 1894..J& J 100il07
103
130 135
175 185
int mort., 5a, lQOS.M&N 103 105
195 200
154”
200 ....
120 ,
175
1st M., 58, 1937.......J&J 1 1 2
101 j Twenty-third St.—Stock.. 275
1<>0 103
1st mort. 7 8 ,1 8 9 3 .

T

r a s k

&

C o .,

BAN KEBS.
1 0 W a ll S t ., N e w Y o r k .
IS C o n f r e t s S i., B o s t o n
A lb a n y .
P r o v id e n c e .
Members of Now York and Boston Stock Exchanges.
IN V E S T M E N T

S E C U R IT IE S .___________________

T H E M E R C A N T IL E N A T I O N A L B A N K
O F T H E C IT Y O F N E W Y O B R .
N o. 191 B ro a d w a y .
C a p ita l,
$ 1 ,0 0 0 ,0 0 0 I S u r p lu s * P r o t llo , 8 1 ,0 3 0 ,0 0 9
WILLIAM P. ST. JOHN, President. | FREDERICK H. SCHKNOK. Cashier.
......................
JAMES Y. LOTT, Assistant Cashier.
A C C O U N TS SO LD

THE CHRONICLE.

34
giatxltjers"

rates of exchange are : Bankers’ sixty days sterling. 4 85%@
4 86; demand, 4 87%@4 87%; cables, 4 87%@4 88.
The following were the rates of domestic exchange on New
York at the under mentioned cities to-day: Savannah, buying,
% discount, selling par to % premium ; Charleston, buying,
par, selling 1-16@% premium ; New Orleans, bank, $1-00
premium; commercial, 50c.; St. Louis, 25c. per §1,000
premium ; Chicago, 50c. per §1,000 premium.
Posted rates of leading bankers are as follows:

^ la ^ e tte .

D I V I D E N D S .

N am e o f C om pany.

Per
Cent.

W hen
Payable.

3
3*9
i%
1%

On dem .
On dem .
3
Feb.
Feb.
)
1
.Ian.
Pel). 20
Jan. 35
Jail. 13
Jan. 3 6
i
Pel).
2
Jan.
3
Jan.
—
1 Jan.
—
Jan.
4
•Tan.
4
Jan.
—
Jan.

R a ilr o a d s .
A labam a C roat Sou th., C lass A ..
A lab am a G reat South.. C lass B ..
C entral RR. o f N. J. (q u a r.).........
C leve. Ctu. Chic. & St. L c o m ....
Cum berland V a lley <quar.'...........
D e n v e r «& Rio G rande p r e f...........
H a n co ck Ar c a lu m e t.........................
L ittle Behm llrill N a v .R B . & Coal.
M in e H ill & S ch u y lk ill H a v e n ...
M ah on in g Coal com ....................... .
K e w C a stle & B eaver V al.(quar.).
N orth ea stern o f S. C.........................
N orthern o f N. H . (quar.).............
N orthern o f N. J ..............................
P a ter so n & H u d so n .........................
P a ter so n & R nm apo.........................
P ittsfie ld & N ortli Ad a m s.............
P ortland Saco &. P o r ts.................
T oledo Ac Ohio Cent. p ref. (q uar.).
V erm on t V a lle y o f 1 8 7 3 .................
W are..................................... ..................
B an k s.
D ong Islan d (B ro o k ly n ).................
N a ssa u N at. (B rooklyn).................
F ir e 1
ran ee.
Comm or. w e a lth ..................... ............
E m pire City.......................................
H a n o v e r ...............................................
P a c ific ....................................................
M is c e lla n e o u s .
E q u itab le Gas U o f N.Y .(quar.) ..
E q u ita b le M ortgage............... ........
N . Y. <fc N . J . T elep h on e (quar.). . .
N a tion a l C ordage, co m m o n ..........
NeHo-nn1 A'.’nr.'
, <>rt

2
1
2 ia

3%
3 ‘a
5
Iks
3
2

4
4
2 ifl

3
3%
3
3 ’s
3*2

Fob. 1
Feb. 5
----------Feb.

3
3
5
5

On
Oil
On
On

3
5
lk !
3

Jan.
Jan.
Jan.
Feb.
Feb.

dem.
dem.
dem.
dem.

In te r e s t
P erio d s

Dec.
31.

—
—
—
—

t
t
t
t

o
o
o
o

2

----------------------------------------

4 to J an . 17
16 Jan.
14
— to ----------16 Jan.
5 to J an . 14
3 Jan. 15 to Feb. 1
3)
15 to Feb. 1

The Money Market and Financial Situation.—The year
opens with a feeling of some confidence in financial circles,
which seems to have increased as the week advanced. A re­
view of business in the United States during the past year is
decidedly encouraging and calculated to stimulate the belief
in a rapid growth and development of industrial enterprises
and general resources.
The railroads have not the prospect of as large a traffic as
last year from the transportation of grain and cotton, but on
the other hand there is a steady increase in earnings from
passengers and from general merchandise freight, as also from
coal transportation, in almost every quarter of the country.
The Chicago Fair, too, is a factor of great importance to be
considered in estimating the railroad prospects for 1893.
The small number of failures among bankers and brokers of
lata years is a healthy sign of the gradual evolution of sound
ideas among those who deal at the Stock Exchange, either
directly or indirectly. And in fact with banks and other
business concerns throughout the United States it is remark­
able to observe how few houses doing a legitimate business
and giving strict attention to it ever make disastrous failures.
It is too often fraud, “ kite-flying,” or private speculations
outside of the business, that bring such trouble to banks or
private firms that their assets fail to yield the creditors a failpercentage of their claims. The year 1892 was singularly
free from frauds and speculative disasters and made a good
startingpointon which to build a healthy business in the future.
The open market rates for call loans during the week on
Btock and bond collaterals have ranged from 4 to 7 per cent,
the average being 5 per cent. To-day rates on call were 4 to
6 per cent. Commercial paper is quoted at 5%(_a)6 per cent.
The Bank of England weekly statement on Thursday showed
a decrease in bullion of £25,000, and the percentage of re­
serve to liabilities was 35-21, against 44-97 last week ; the dis­
count rate remains unchanged at 3 per cent. The Bank of
France shows a decrease of 4,227,000 francs in gold and
6,269.000 in silver.
The New York City Clearing-House banks in their state ment of Dec. 31 showed an increase in the reserve held of
$717,800 and a surplus over the required reserve of $6,839,550,
against $0,176,575 the previous week :

C ap ita l....................
S u rp lu s...................
L oans and d ise ’ts
C ir c u la tio n ...........
N e t d e p o s it s ......
S p e c ie ....................
D egal te n d er s___
R e se r v e h eld ___
L eg a l r ese rv e ___
B

'*»«( r v e .

D ifferen t sfro m
P re v, w eek.

$
I
<t>
6 0 ,4 2 2 ,7 0 0
.................
69.191,6001
.................
4 3 7 ,7 2 2 ,0 0 0 D ec. 4 5 8 ,9 0 0
5 .5 5 4 .6 0 0 D ec.
7 7 ,1 0 0
4 4 4 ,5 8 8 ,4 0 0 I n c . 2 1 9 ,3 0 0
7 5 ,9 6 3 ,3 0 0 D ec. 9 1 7 ,0 0 0
4 2 ,0 1 8 ,6 0 0 ,ln c .1 ,0 3 4 ,8 0 0
I17,986,90O ^Inc. 7 1 7 ,3 0 0
1 1 1 ,1 4 7 ,3 5 0 'In e .
54,8 2 5
6 ,8 3 9 .5 5 0 'ln e .

Jan.
2.

2 s , .......................... r e g . Q.-Mch. *10 0

4 s, 1 9 0 7 . .. ..........reg.
4 s, 1 9 0 7 ............. cou p .
6 s, our’c y ,’9 5 ___r e g .
6 s, cu r’c y ,’9 6 -----reg .
6 s, our’e y ,’9 7 ___ r eg .
6 s, cu r’c y ,'9 8 ___reg.
6 a. c n r ’c y .’9 9 ___r eg .

Q .-J a n . *113
G .-J a n . *114
j . & j . *105^
j . & j . *108
j . & j . *110
j . & j . *1 1 2 %
J . & J. *315

1892.
J a n . 2.

1891
J a n . 3.

$
*
5 9 ,3 7 2 ,7 0 0 6 7 .1 1 9 .7 0 0
6 6 ,0 0 7 ,9 0 0 6 5 ,3 7 5 ,8 0 0
4 3 8 .6 1 6 ,4 0 0 3 3 5 ,6 7 8 ,5 0 0
5 ,5 3 7 ,4 0 0
3 ,5 9 9 ,9 0 0
4 6 6 ,2 1 8 ,2 0 0 3 8 6 ,6 3 2 ,1 0 0
9 5 ,9 7 2 ,2 0 0 7 8 ,6 6 3 ,2 0 0
3 7 ,8 1 4 ,4 0 0 2 6 .5 7 1 .7 0 0
1 3 3 ,7 8 6 ,6 0 0 1 0 5 ,2 3 4 ,9 0 0
1 1 6 ,5 5 4 ,5 5 0 9 6 ,6 5 8 ,0 2 3

6 6 2 .9 7 5 1 1 7 ,2 3 2 ,0 5 0

8 ,5 7 6 ,8 7 5

— V"B“
.o r a m i sioum g unis have De
very firm the past few days, particularly 60-day bills, wlii
were relatively higher in consequence of the easy rates f
money in London. The supply of commercial bills continu
small and the question of gold exports this month remai
uncertain; the gold shipments this week amount to $3,000 0
—by to-morrow's steamer. A hopeful feature recently h
been the purchase here of a round lot of some of the Uni<
Pacific auxiliary line bonds for foreign investors. Actu

p

Jan.
3.

Jan.
4.

Jan.
5.

Jan,
O.

*10 0

*10 0

*113
x ll3
*105%
*107*2

*113
11312
*113 *113
"105 *105
*107’*2 *10712

*11312
*113%
*105
*10712

*115

*115

*10 0

*100

*110
* 11 0
*110
*110
*112 *2 *1 1 2 % * 11 2 12 * 11 2 12

*115

*TM sis tU enrioe Dift a t cue m o ra m s H oard: in> « ■

*115

■■

ade.

Government Purchases of Silver.—The following shows
the amount of silver purchased to date in January by the
Government:
O unces
offered.
J a n u a ry
“

4 ............................... 1 ,0 0 8 ,0 0 0
5 0 0 ,0 0 0
6 ...............................

ADD ST R E ET , F R ID A Y , JA N . 6, 1 8 9 3 -5 P . M .

1892.
Dec. 31.

D em and

86% ® 4 87
4 88%
85 ® 4 85%
8 4 io ® 4 R43i
3 7V3>5 167g 5 155*® 5 3 5
40*1,® 40*4 i 4038ff4O716
953a® 9 5 1q 9 5 73® 96

United States Bonds.—Quotations are as follows:

g
to
3 D ec. 21 to J a n .

6

S ix ty D ays.

J a n u a r y 6.
Prim e b a n k e rs’s te r lin g b ills on L o n d o n .. 4
4
4
5
F ra n k fo rt or B rem en (reicb m ark sib ’nk ers

25
o
—

Jan.
Jan.
Jan.
Jan.
Jan.

2

B o o k s Closed.
(D a y s in c lu s iv e .)
to
to
I to
15 to
- to
7 to
- to

[V ol LVI.

O unces
p u rc h a se d .

P rice p a id .

868,000 $0*8300 ® $0*8325

2 5 0 ,0 0 0 $0*8348 ® $ ..............
___
. 7b ___
1

*Total in m o n th to d a t e ___ 3 ,5 0 8 .0 0 0
1 ,1 1 8 ,0 0 0 $ 0 -8 3 0 0 ® $0-8318
* T he lo c a l p u rch a ses o f each w e ek are n o t r ep o rted t il l M onday of
th e fo llo w in g w eek .

Coins.—Following are current quotations in gold for coins ■
S o v e r e ig n s.............$ 4 85
N a p o le o n s ............. 3 85
X X R e lc h m a r k s . 4 7 0
2 5 P e s e t a s ............. 4 7 5
S p an. D o u b lo o n s.1 5 55
M ex. D o u b lo o n s. 1 5 55
par
P in e g o ld b a r s .

d>$4 90
® 3 90
« 4 80
® 4 85
® 1 5 75
® 1 5 75
:ti % prem .

F ln e s llv e r B a r s .. — - 3
F iv e f i a a o s ............ — 9 o
M exican d o lla r s .. — 65
D o u n oom u iere’l ------P e r u v ia n s o ls ____— 59
E n g lis h s l i v e r ___ 4 80
U . 8 . t r a d e d o lla r s — 6 5

— 84
— 95
- 65%
-

61
4 95

State and Railroad Bonds.—Sales of State bonds at the
Board have included $5,000 Ala., Class “ B,” at 106%; $1,000
La. consol. 4s at 98, and $1,000 N. C. 6s of 1919 at 132.
Railroad bonds have been more active lately, and the
Reading preferred income bonds have been conspicuous for
large sales. These bonds were weak until Thursday, when they
were purchased quite heavily on reports that arrangements,
had been made to raise the money for paying the February in­
terest by the negotiation with a New York house of a consider­
able amount of the collateral trust bonds, tlie proceeds also to
be used to pay off floating debt; the thirds advanced more than
he others, and were higher to-day on free buying. Some
of the bonds that paid interest on Jan. 1 have recovered part
of the coupon already, and are relatively higher than last
week. The several issues of the Toledo Ann Arbor & North
Michigan road have been in demand of late, owing to the alli­
ance of that company with the Lackawanna and the Green
Bay lines. The Northern Pacific consol. 5s were weak in sym­
pathy with the stock, but stronger to-day up to 68, and the
Chic. & Northern Pacific 5s were quite active up to 74, closing
at 73%; the report of the N. P. Investigating Committee
late in tlie month will be awaited with some interest.
The Chesapeake & Ohio, R. & A. Division, lsts are strong, and
the Union Pacific issues are strengthened by the retiring of
gold note 6s and by good reports of the company’s finances.
Railroad and Miscellaneous Stocks.—The stock market
has shown a fair business since the New Year holiday, but the
bulk of transactions lias been, as usual, in a few leading
stocks. There was weakness at first, but a better feel­
ing to-day and a tendency towards greater firmness
in most of tlie active stocks. Western Union Telegraph
sold up to 96, apparently on the new confidence in
the earnings and future management of the company.
Distilling & C. F. and Chicago Gas were fairly active and
firmer to-day, after having sold down sharply since last week,
the cause for fluctuations in either direction being known best
to the insiders. Manhattan Elevated has declined from the
extreme figures reached a few days ago, and the future must
depend very much on the drift of rapid transit plans and
legislation for this city. Denver & Rio Grande pref. is steady
to-day around 53, on the resumption of dividends by
the declaring of 1 per cent without regard to any
particular period, though the directors are sanguine that the
rate will be 4 per cent per annum. Toledo Ann Arbor is strong ;
Northern Pacific, after being a weak specialty, is steadier
to-day; Union Pacific has been purchased on the good talk of
its finances and the better tone in its bonds; Reading has been
active, but not stronger in sympathy with its bonds, and the
late financiering does not appear to have increased confidence
iti the value of this stock. To-day there was a sharp break in
the Colorado Fuel& Iron stock and its allied companies, which
was not exactly accounted for. Among the unlisted. Sugar
has been the leader, selling up to 115 and closing to-day at i l l.
Lead has been tolerably steady, closing at 45.
>

THE CHRONICLE

J anuary 7, 1863.]

35

NEW YORK STOCK EXCHANGE—A C T I V E S T O C K S fo r w eek e n d in g J A N U A R Y 6 , !*!>*, a n d fo r n >.r
H IG H E S T A N D LOW EST PR IC ES.
S atu r d a y ,
JJuc. 31.
33'*% 34
*3% ..........
■H
95
* 8 8 ^ 89*4
56hj 56
*125% 126%
22% 22%
*80 .........
*40 .
*110 145
9 7 3 i 97*4
*68
69
*97% 100%
77% 77%
* 1 2 1 % ..........
111% 112
M l i o .........
82% 83
47% 4 7 %
116% 118
58 hj 59hi
9 2 4 p 2 *4
*29
29J«
*70
71io
134% 134%
1 5 4 15 4
16°8 16%
53% 53%
*3 ifl
4
*22
33
'6%
8
149% 149%
1 3 4 134
99% 99%
*9
9%
*31
36
22% 22%
76% 76%
127% 127%
*104 107
71*$ 7 178
*23
23%
*24
25
1 5 4 156%
104% 104%
17% 17%
48
43
13% 14%
-2 5
25%
5658 57
*35% 36%
*86
90
108% 109%
'17% 18%
*75
78
*35% 37%
23% 2 4
*5313 54*3
45*3 4 5 7e
*255 ..........
18% 18%
18
IS
70h3
*9% 10
*37% 33%
16M IG ^
4 7% 47%
*22
23
'4 7
50
*71
75
”2 1
22
16% 17
52% 53%
*18% 19%
*59% 61%
7%
7%
*30
32
*6%
6%
*12% 13
*41 % 42
"105 107
'111% 113
33% 33%
*9%
9%
38% 33%
*50
55
'8 0
85
38% 39%
15
16%
11
11
24% 24%
22% 22%
6 4 16 6 4 1e
"14
16
43%
82
110%
99
*120
'109%
8938

44%
82%
111%
99%
122
111%
90
*39
39%
125% 126
65% 66%
111% 1 12
1 38 138%
1 12 112%
46
46%
*93
93ha
10 % 10 %
19% 19%
26h> 27*2
51% 52%
*196 198
83% 83%|
A3£>hj 36*2
43%
95%

46%
96%

M onday,
Jan. 2.

3

O
0

T u esd a y ,
J a n . 3.

W ednesday,
J a n . 4.

T hursday,
J a n , 5.

R ange for yenj* 1302.
F rid ay,
J a n . 6.

STOCKS.
L ow est.

H igh est.

A c t i v e I t l t . N tockM .
33 s8 33%
33
3 3 % 3 3 % 3 3 % A tch ison Top. <fe S an ta Fe.
33*8 34*e
323g May 21 468* Jan.
4
4
4%
4%
‘ 3%
4%
‘4
4 % A tla n tic & Pacttto.
4 Apr. 2 1 1 5 7mJan.
9 3 % 9 3 % 93% 984, B altim ore & O hio.....................
93% 93%
9 3 7« 94
1 ,5 0 0 92*3 O ct
8 101*4 Mar. 12
*88% 89
*88
89 Canadian P a c in o .........................
89
*88*3 f*9V *88
......... 86 Oct. 26| 04 4 J#n. 12
55% 56% *55% 56 C anada S ou th e r n .......................
50
56%
56
56%
2 .6 3 0 54.4 Sept. 1 51 0 4 4 Mar. 5
125*3 12G
123% 124% 122% 123% 122% 123% C entral o f N ew J e r s e y ..............
2 ,4 5 0 1 1 1 4 Jan. 19 145 Feb. 2 9
22*2 22 7s 22% 22% *22% 22% *22% 22% C hesap eak e & O., v o t. tr. c ert.
2 ,9 7 0 2 1 ^ Sept. 16 2 8 Jan. 14
......... *60 ........
*6t
.......... *60 .......... *60
Do
do
1 s t p r o f ....
59 Jau. 9 61% Jan. Hi
*41
.......... *40 ......... *40 .......... *40 ........
Do
do
2d p r e f..........
38% Jan. 9 44% Jan. 2 1
142 1 4 2
141% 141% C hicago & A l t o n .........................
141% 141*1 143 143
3 89 139 Fab. 4 154 J u ly 28
96% 97% Chioago B urlington <Si Q uincy. 16,225 95 Sept. 1 1108a Jan. 28
98%
9 7 % 9 7 % 97
97% 98%
*68
69
*68
69 C hioago & E a ster n Illin o is___
*68
69
60
Aug. 8 71*4 Nov. 2 3
*97 1 0 0
*98% 99%
99% 99%
I>o
prof.
650 96 '4 Don-. 19 104 Feb. 11
76% 77%
7 6% 7 7 1a 76% 76%
76% 76% C hicago M ilw aukee & St. Paul. 3 1 ,850 75% Apr
2 84% Ang. 1
122% 12'25i 122% 122% 122% 122%
123 323
Do
pref.
819 119% D ec. 19 128% Mar. 5
m i s 1 1 2 ^ 1 1 1 % m % n i % m s , 111% 111% C hicago <fc N o r th w e s te r n ........
6,401 1 1 0 4 Dec. 19 1 2 1 4 Mar. ft
1 4 1 % .......... 142% 142% i
1 4 3 143
Do
pref.
3 4 0 1 39 N ov. 3 0 11 4 7 4 May 27
82% 82% C hicago Rook Islan d & Pacific. 1 3 ,0 2 0 7 5 4 Ju n e 81 94 4 Jan. 7
82% 83%
82% 82%
82% 83
47%
4
7
^
4718 4 7 7g
47% 47%
47% 47% C hicago St. P a u l M inn. & Om.
2 ,4 2 0 44 Jan . 18! 5 4 '- Aug. ft
117 117
117 117
‘117 120
1 1 7 117
Do
pref.
4 6 4 'io ^ 4 J a n . 20 1 2 3 4 Ju n e 3
57% 58% C leve. C lncln. Ohio. & 8 t. L . ..
58% 59%
58% 58%
5 ,9 1 0 57 D ec. 19 75 Jau. 7
59
59%
93% 9 3 ^
92% 92%
Do
pref.
282 01% D ec. £ l 99% A ug. 15
29
29%
28% 28% * 2 8 9 2 ......... C olum bus H ooking Val. & Tol.
3,136 27 Dee. 19 40 May 13
28% 29%
*70
75
75
71*2 711s *70 .......... *70
Do
p r e f.
145 6 6 Jan . 6 80% Ju n e 2
132 1 3 4
1 3 2 132% 1 3 2 132% 181% 131% D elaw are & H u d so n ..................
4,488 1 2 2 4 Jau . 8 1 4 9 4 Apr. 7
152% 1 5 4
5.7 2 2 1 3 8 4 Jau. 1 911674 Feb. 2 9
1 5 1 k 1 5 2 78 xl49% 149% 148% 150 D elaw are L aokaw ann a <feWest
16% D e n v e r & R io G r a n d e ............
1634 10 78 *16
*16»8 17
*16% 16 k
1,100 15 Sept. 2
1 9 4 Jan. 2
52% 53
1 3 ,270 45 Jau. 4 54% Nov. 11
5 3 % 5 3 % 53% 5 3 7e
Do
pref
53% 54%
334
3%
*334
4
*3%
4% E a st T en n e sse e Va. & G a ___
33s
33a
3 80
9% Jan. 7
3^8 D ec 23
*32
42
*23
33
*23
32
*23
33
Do
Istp re f.
2 2 4 D ee. 22 51% Jan. 11
*7
9
6
6
*7
9
4
Do
2d pref.
*7
8%
6 4 D eo. 21 20 Feb. 2 9
*..........1 5 0
*148 1 50 E v a n s v ille & T erre H a u te ___
200 x 1 1 9 4 Jan. 15 151 Sept. 9
‘ 1 4 8 1 5 0 *148 1 5 0
135 135 *134 1 3 6 *132 1 3 4 *130 134 G reat N orthern, pref.
(540 119 Jan. 2 2 144 Aug. 11
99
99 Illin o is C en tral............
99%
99
99
1,0 5 8 9 5 4 S ept. 16 110 Jau. 5
99*4 991* *99
*8
9 Io w a C en tral...............
*9
9%
9
9
*9
9%
4.00
9 D ec. 22 15% Jan. 4
31
30
30% *29
30% 31%
31
31
1,175 31 N ov. 28 56% Feb. 13
Do
p r e f.
2 2 ? i 22% L ake E rie W e s te r n ................
22*3 22i«
22% 22%
22% 22%
5 30 2 0 4 Jan . 19 27% Apr. 18
76
76
*75% 76
76
76%
76
76
Do
p r e f.
1 ,4 3 5 69 % J an. 5 8 0 Apr. 18
1 ,5 1 0 120 Jan. 19 140% Mar, 5
127hs 12812 *12 7 13 128hi 127% 127% 127% 127% L ak e Sh ore & M ich. Southern.
3 00 9 5 Ja n . 18 112 Ju n e 1 7
105% 105% 1 0 5 ha 1 0 6
105% 105% *104 107 L on g I sla n d ..................................
71% 72% L o u isv ille & N a sh v ille ............. 1 8 ,478 64% Sept. 23 84% Jan. 2
71% 72%
7L% 72%
71% 72%
Jan. 7
.2
3
%
2
4
2
4
2
4
23%
23%
L
ouisv.
N
ew
A
lb.
<
fc
C
hicago..
1,341
20 “4 Sept. ‘ 31
23% 2 4
26% N ov. 1 9
*24
25
*24
25
24% 24% L o u isv ille St. L ouis & T ex a s .
200 14*3 Jan.
24% 24%
156% D ec, 31
3 9 ,243 1 04 Jan.
1533* 158
153% 156
1 5 3 155% 1 5 3 154% M anhattan E le v a te d ,c o n s o l.
M ichigan C entral.......................
3 00 1 02 D oc. 19 117 Mar. 5
lO lh j 104% *..........104% *103 104
*17
18
*17
18 M in n eap olis & St. L o u is ........
2 03
17% 17% *17
18
8 Feb. 25 21 % Aug. 1 0
2 03 18 Mar. 5 49% D ee. 14
*47
48
47
47
48
Do
p ref.
4 7 % 4 7 % *47
*13%
14%
*13%
11%
60
M issouri K a n sa s & T e x a s ___
13% 13%
13 D ec. 23 20% Jan. 13
14% 14%
1,100 2 4 J u n e 6 33% Jan. 13
25*8 25*2
Do
pref.
25*3 2 5 78 2 5
25% *24% 25%
55% 56% M issouri P acifio.
2 3 ,4 9 0 53% D ee. 2 65% Jan. 4
56% 57%
55% 56%
56% 5 7
36% M obile & O h io ...
126 33 N ov. 10 42% Jan. 2
34
34
*34
3 6*2 3 5 % 3 5 % *33
*86
89 N a s h v . C hattanooga& St. L ouis
3 0 83 N o v 21 91 J u n e 21
‘86
89
*86
89
83
88
108% 108% N ew York C entral & H ud son
3 ,1 9 5 107% Sept. 15 119% Mar. 5
103% 109% 103% 108% 108% 1 0 9
100 15*8 July 7 22% Jan.
18% *17% 18% ‘ 17% 18 N ew Y ork Chic. & S t. L ouis .
18% 18% *17
*73i2 78
7 2 May 19 Sl% Jan.
*74
78
*72
7 7 1* >73% 79
Do
Istp re f.
*34% 36
1 0 0 32% Sept. 10 45 Jan.
*3 4 % 3 7 % *34% 37%
Do
2d pref.
35
35
2334 24
23% 23% N ew Y ork L ak e E rie & W est’n
6 .1 1 5 23 i8 D ee. 19 34% Jan,
23% 23%
23% 23%
5 7 7 5 3 % D ec. 16 77 % Mar.
Do
pref.
54
5 4 % 54*4 54% *.......... 5 4 % *52% 54
44% 45% N ew Y ork & N ew E n g la n d . . . 3 1 ,4 2 5 30% Aug. 21 5 9 Mar.
4 4 78 4 5 7s 44% 45^3 44% 45%
*2 5ft
260 260
N ew Y ork N ew H av. & H art.
1 77 22 4 Jan. 15 2 55 D ec. 12
2 ,8 3 0 17% Sept. 15 23% Feb. 11
18
18% N ow Y ork O ntario <fe W estern
18
18%
18
18%
18% 18%
1 ,3 0 0 10% Jan. 4 20% N ov. 2
1734 183g
*17
17% N ew York Susquehan. & West.
175s 17% *17% 18
Do
8 7 8 41% Jan. 2 74 N ov. 1 0
71
71
*70
72
*6912 71
pref.
71
71%
9 Sept. 23 18 Jan . 4
*9 % 1 0 N orfolk & W estern
*9% 10
*9% 10%
*9 % 1 0
D
o
10 0 37% Sept. 29 56 Jan. 4
*
3
7
3
7
%
*37
38
*37% 38%
pref.
37% 37%
9 : l 15 D ec, 28 26% Jan. 2
16% 16% N orthern P a c ilio ..
16
16
16% 17
16% 16%
Do
45% 46%
45% 46%
46% 4 7
pref. 3 3 ,7 2 0 41% D ec. 29 72% Jan. 2
46
4714
*21% 23 Ohio & M ississip p i ...................
100 19 Sept. 28 2 4 Jan . 5
*22
23
22
22
*22
22%
Ohio
S
o
u
th
e
r
n
.............................
3 1 0 19 Jan. 12 55'% Deo. 13
*46
50
45
45
*46
49
*7
48
S 0 0 69% D ec. I 91% Jau. 28
*75
7 6 O regon R’y & N av ig a tio n Co.
76
76% 7 7
74% 74*2 *73
22
22 Oregon Sh. L in*»&U ta h N orth
1 ,4 0 0 20% D ec. 30 33% J an , 4
22%
21*2 211$
22
23% *22
750 15 Oct. 26 22% J an. 4
16% 16% Peoria D eca tu r & E van sv ille.
16% 16% *16% 17% *16% 17
50%
5
1
P
h
ila
d
elp
h
ia
&
R
e
a
d
in
g
..........
•151,770
38 Jan. 49 05 Feb. 11
493a 51
49% 50%
50% 52%
100 1 9 D ec. 2 30% Jan. 5
*19
20 P ittsb u r g Cinn. Chic. <fe St. L .
*18 34 2 0
19
19
*19
20
67% J a n . 5
4
4
2
57%
Sept.
‘ 59% 61
Do
pref.
60% 60% *59% 61
60% 61%
1 ,9 9 5
6% Ju n e 27 17% Feb. 12
T% 7% R ichm on d & W est P o in t T er’i
7
7%
7
7%
7%
7%
79
Feb. 16
2
o
o
31%
D
ec.
7
30% 30%
Do
pref.
*30
32
32
32
*30
32
R io G rande W estern .................
_____ 2 3 N ov. 3 0 41 Jan. 5
*24
27
7
4
Mar. 11
1 55 63 D ec. e
62
62
62% 62 hi
Do
pref.
l. l l O j 6 D ec. 1 11% Jan. 2
6
6 " St. L ouis S o u th w e ste r n ..........
*5%
6
5%
5%
6
6*4
22%
J
an.
706, 11% D eo
1
13
12hi 1 2 is
Do
pref.
” 12% 14%
12
12% *12
2 0 39% Ju ly 6 48% Jan.
*41
42 St. P a u l & D u lu th .......................
*41
42
42
42
*41 *4 42
108
Oct.
..........[103 Jau. 19
Do
pref.
*105 107 *105 107 *105 107 *105 107
9 4 1 12 Feb. 25 116% Jan.
1 1 3 113 St. P a u l M inn. & M a n ito b a ...
112% 1 1 3
'111% 112% *111% 113
2 ,6 0 0 33% Deo. 20 41% Jan.
333* 34%
3 4 % 3 1 % 34% 35
31% 34% Sou thern P a cific C o...................
715'
7 J u ly 1 14% Jan.
T
ex
a
s
&
P
a
c
if
ic
.........................
9%
9%
9%
93s
*
9
%
9
%
9%
9%
1 2 ,8 8 0 23 A pt. 1 38% D ec. 2 9
3 8 hi 39 $1
37% 38%
37% 33%
375s 38%
..........'
45
Oct. 6 52% Feb. 13
*50
55
*50
55
*
5
0
5
5
*50
55
..........| 7 5 Oct, 13 88 Feb. 11
Do
*80
85
*80
85
p r e f.
0
85
*8C
85
8
3
,4
1
5
35%
D ec. 2 50% Jan. 4
U
nion
P
a
c
if
ic
......
...................
39% 4 0
39
40
33% 39%
39% 4058
2 ,1 0 0 15% D ec, 17 25 Jan.
16% 16% U nion P acific D e n v e r <fe G ulf.
16*4 1GJ4
16% 17%
16% 16%
2
1
0
10
J
u u e 8 15% Jan.
W
abash............................................
11
11
11%
*11
11% *11
11% *11
2 ,8 8 5 22% J a n e 8 33% J an
23% 23%
Do
pref.
24% 24%
23% 24%
23% 23%
270,
19%
N
ov. 22 40% Jan.
*21
22*4
21% 21%
21% 21% *29% 31%
758^ 6 2 N ov. 3 0 80% Jan.
Do
63
63%
64
64
623s 6 4
63% 63 hi
pref.
1
5
0
14%
D
ec.
19 21% Jan,
W isconsin C entral Co.
*14
16
14% 14% *1413 16
I
T llg c e lla n e o iig S t o c k s .
8 ,4 7 0 32% Jan. 1C( 47% A ne. 18
42% 43%
43*4 441-4
42% 43%
42% 43
1 ,8 2 0 63% Jan . 1 0 1 86% N or. 11
Do
82% 82%
82
82
82% 82%
82
82
prel
1 76,123 78% Jan. 19 115% A ug. 2 5
111% 113% 112% 115
112*1 114% 1 1 2 k 114*4 Am. Su gar R ef.C o .
99 ha 1003a 1 0 0 101% 100% 101% 101 102
p r e f. 18,498 9 0 Jan . It*; 107% A ug. 1 9
1,325 1 06 Oct. 3 126 N ov. 1
120 121
119% 120% 120% 120% 118% 118%
1 42 9 6 Jan . 13 115 Oct. 26
Do
1 1 0 110*4 n o % n o % 130% 110% 107% 109
p rof.
70,647 71% Jan. 2 99 %N ov. 7
88% 90
85% 87%
87% 89%
85% 88%
5 ,0 2 0 28% M ay 21 43% Oct, 5
36
38% 39%
3 7 hj 3 3
37
37% * . .. .
2 ,1 0 0 102 Jan . 1 ,123 N ov. 2 5
124% 124%
124% 125% *124% 125% 1 2 4 % 1 2 5
61% 633a D istillin g & C attle F e e d ’g C o . 1 1 7 ,2 3 0 44% Mar. p| 72% D ec. 1 3
64% 66%
61% 65-% 61% 63%
1 0 .C98 104% J u ly 7 119% Oct. 7
111% 112% 1 1 2 113
111 112% 111 111%
4 ,2 5 0 91% Mur. 7|142% D eo. 1 2
137% 137%:
1 3 8 13838 1 3 8 138% 137% 138
2 ,3 2 - 1 0 0 Jan. 4 1 2 3 Aug. 1 1
pref.
112% 11234 1 1 2 112% 112 112% 112 112%
8,1 0 5 30% Mar 24, 51% D oc, 1 4
44%
45
44%
45%
45% 463s
4o% 4 6
1,793 81
ar 24 99% A ug. 22
92 % 93 |
Do
93
93=% 9 3
9 3 % 92% 93
prof.
1,557
9 % D oe. 29 18% Jan. 4
1
0
%
1
0
%
10%
10%!
10
10*
10
10 k*
130 19 J u u e 14 29% J an . 4
*19% 22
*19% 2 2 % *19% 22
*1934 22
8 2 0 25 D ec. 16; 40% J an . 1 4
27
*26
27
26% 27% *26
27% 27%
6 6 .0 0 0 50 Oct. 17 64% Jan . 1 3
...................... :
53% 54
135 184 Jan. 4 200% M ay 1
196% i 96% '1 9 5 1 07
*106 ‘ 198
1 9 6 198
2 2 .0 0 0 82% A ng. 1 - 95% J a n . 14
*82% 83% *82% 83 s? 83% 83%
83
83
2,5
6 0 31% J u ly 11 50% M ar. 2 0
*35% 36%
35% 35%
35
35h»p
.35% 3 7
4 0 92 Feb 23; 108 Apr. 1 7
nref.
9 7 la 97% .................... 1
2
,4
1
3 38% N ov. 18! 4 8 % N ov. 1 9
tubber
C
o
........
«3% 4 3 %
45
40
*42% 44%
45
45
reiea rjiiih ___ 3 6 ,1 7 7 82 Jim i 10'»-a. \n i- 16
95
96
94% 95%
95% 96
95% 96%

' T hese are th e p rices b id a n d aslred; n o sa le m ad e.

5 P rices from b oth E x c h a n g e s

x E x d iv id e n d .

THE CHRONICLE.

36

fToL. LTVI,

NEW YORK STOCK EXCHANGE PRICES (C ontlnnodj-.nV ^C Tfrff S T O C K S .
j R a n g e (sales) in 1892.

J a n . 6.

I n a c t iv e S t o c k s .
IT In d ica tes u n listed .

Bid

Ask.

It a il r o a d S lo c k s .
160 Feb. 165 Feb.
A lban y & S u sq u eh a n n a.............. 100 :156
1 2 5 Jan. 1314 D ec.
B e lle v ille * South. 111. p r e f.......100 137
1 0 0 M ay 102 Jan.
B oston & N. Y. A ir Line p r o f.. 100 101
32 Jan.
32*2 34
31 Jan.
B rooklyn E le v a te d II.................... 100
35% Mar. 4 i % May
36
Buffalo R ochester & P ittsb u rg . 100
88%
Ju n e
84
86
78% Feb.
P referred ........................................ 100
65 Oct.
60^8
3 5 Jan.
B url. Cedar R apids & Nor..........100
7
78
JaD .
7
Oct.
Cedar F a lls & M in n eso ta........... 1 0 0
3 5 Jan .
27% D ec.
28% 29
C entral P a c ific ................................. 100
156%
Oct
1
5
0
Jan.
C leveland «fc P itts b u r g ................ 50 155 I........
25% May
16*4 Oct.
Colum bia & G reen ville p ref— 100
11%
Aug.
7
9
5 J u ly
D e s M oines & F o rt D o d g e ------100
14 Ang. 25 Aug.
18 | 20
P referred ........................................100
14%
Aug.
11 I 12
6 Mar.
D ulu th So. Shore & A tla n tic H .1 0 0
35% June
28 ; 30% 1 4 Feb.
P referred H....................................100
18 Sept. 28% Apr.
19%l 20
F lin t & P ere M arq uette...............100
87 Mar.
72 D ec.
P referred .......................................1 0 0
7 Jan.
7 J an.
5
9
G eorgia P acific IT ......................... 100
15% N ov.
13% 14%
8*4 Apr.
Gr. Bay W in. & St. P. tr .r e c .... .1 0 0
29%
N ov,
P referred tru st r e e ts ................ 100 i 27 % 29®8 23 Sept.
8% Oct.
5
3 June
7
H ouston & T ex a s C en tra l..........100
96
Jan.
8 7 J u ly
Illin o is C entral le a se d lin e s — 100 t 88
14 Jan
10% Apr.
K an aw h a * M ichigan.................. ICO 13*4 14
G Sept.
4 May
K eokuk * D e s M o in es..................100
9 M ar. 16% Sept.
P re fe r re d ......................
100
26
M ay
2 0 Sept.
L ouisv. E v a n sv . <fc S t L. C ons. 100
6 0 M ay
4 9 D ec.
P referred ....................................... 100
1
0
0
Apr.
98
77% Feb.
M ahoning C oal................................ 50
1 0 0 Feb. 112% Apr.
P referred ....................................... 50 108
5 Jan.
3% Mar.
M exican N a tio n a l................ . — 100
143% Jan. 155 A ug.
M orris & E s s e x .............................. 5 0
107'% Apr. 113% D ec.
N . Y . Lack. & W estern............... 100, T112%
N. Y . <te N orthern p r e f— .......... 100 X 26% 26*2 15 May | 28 ' Dec.
61
59
63
50% M ay
N orfolk & Sou thern.......................100
8
12
8 Jun e ! 153-tJiin.
P eoria & E a ste r n ...........................100|
P itts. Ft. W ayne & C hicago— 1 0 0 1 1 5 4 V ....... 1 5 2 Sept. 1 5 5 Apr.
33 1___
3 4 D ec. | 45% Apr.
P itts. &. W estern p f ....................... 50
. 6 4 Jan. 11*1% N ov.
R en ssela er & S a ra to g a ................1 0 0 1 7 0 175
R om e W at. <&O gdensburgh — 100 i l l l * * 112 1 1 0 J an. 113% Ju n e

J a n . 6.

I n active S tocks .
tT In d ic a te s u n listed .

H ighest.

Low est.

( \ In d ic a te s a c tu a l s a le s .)
B id .

R a n g e (sales) \ n 1 8 9 2 .

Ask,

32% 35
ISt. L ouis A lton & Ter. H a u te... 100
P referred ........................................ 100 150
25
T oledo Peoria & W estern ............1 00
T oledo St. L. * K an sas C ity IT..........
V irginia M idland............................ 100
M is c e lla n e o u s S to c k s.
156
A dam s E x p r e s s ................................100 152
52
A m erican B ank N ote Co IT................ , 5 0
| !A m erican E x p r e s s ......................... 100 n 17% 118
Arner. T elegraph & C able...........100 X 87
B ru n sw ick C om pan y.................... 10 0
Chic. Jun e. R y. & S tock Y ard s. 100 JlO l
I P referred ........................................100
C itizens’ G as o f B ro o k ly n ..........100 112 113%
C olorado Coal & Iron D e v ......... 100 t 18% 19^,
(Colorado F u el & Iro n ................... 100 X 57% 60%
P r e ferred ........................................ 100 109
C olum bus * H ock in g C o a l.........100 ; 1 9 % 2 0 %
180
(Com m ercial C able..........................100 170
28
30
C onsol. Coal of M aryland----- -.1 0 0
E dison E le ctric Illu m in a tin g . .1 0 0 +114% 116
23
23%
L acled e G a s...................................... 100
70
71
P r e fe r re d ........................................ 100
L ehigh & W ilkesbarre Coal T1 .
M aryland <'oal..................................100 t 23
65
68%
M in n esota Iro n ................................100
N ation al Lins* ed Oil C o...............100 X 39
N ation al Starch M fg. Co..............100 X 32
,N ew C entral C oal............................100 X 11 %
'Ontario S ilv er M inin g.................. 100 : i4% 14%
[P en n sylvan ia C oal. .................... 50 2 30
P . L orillard Co p r e f...................... 100
j, Postal T elegrap h —C able 1T—
SI
82%
; Q uick silver M inin g........................ 100
3%
4%
17
j| P r e fe r re d ........................................100
20
T ex a s P acific L and T ru st...........100
U . 8. E x p r e s s ....................................100 X 57% 58%
U . S. R ubb er p referred ................100 : 96
97
! W ells, Fargo E x p r e s s ..................1 00 142 1 4 7

L ow est.
32
1 28
17^4
8%
3 5 s4

H ig h e s t,

J u ly
40
Mar, 151
Jan.
32
Jan.
26
M ay
38%

Apr.
June
S ep t
Feb.
Feb.

143% Apr. 155% Deo.
43 Feb.
49% J u ly
1 16 Feb. 123% D ee.
88 J u ly
80 Jan.
7% J u ly
14% Feb.
7 2 Apr. 109% N ov.
80 % Jan.
93% J u n e
94% Jan. 114% Oct.
27% D ec.
22% D ec.
65% N ov.
63% N ov.
I ll
N ov. 115 D ec.
19% Deo.
12 M ay
148 Jan. 178% D eo.
29% O ct.
26 Feb.
7 9 34 M av 115% Deo.
17% Apr.
27% N ov.
57% Mar. 74% N ov.
19% J u u e 28 N ov.
21 Oct.
2 7 Mar.
82 Ja n .
63% D ec.
2 7 Jan.
45 D eo.
29% D ee.
46% Feb.
12 A ug.
10 M ay
45% J a n .
15 D ec,
300%
A ug.
2 75 F eb.
Jan.
1 14 Feb. U S
3 7 Jan. ' 87% A ug.
434 J u n e
3% Mar.
16
Mar. 2 4 J an.
1 5 % Mar.
12 J u ly
4 4 Apr.
63% Oot.
9 % D ec. ; 9 9 D eo.
1 4 0 Jan. 148% N ov.

t A c tu a l sale s.

1 N o p rice F r id a y ; la te s t p rice th is w eek .

NEW YORK STOCK EXCHANGE PRICES .— S T A T E B O N D S J A N U A R Y 0.
Bid.

SEC U R IT IES.

•Alabama—Class A , 4 to 5 .........19 0 6 100
Class B , 5 s .................................1906 103
92
C lass C, 4 s ...................................1906
93
C urrency fu n d in g 4 s .............. 1 9 2 0
A rkansas—6s, fu nd,H oi. 1899 -1 9 0 0
3
do. N on-H olford 150
3
7 s, A rkansas C entral R R .............
L ouisiana—7 b, c o n s ....................1 9 1 4 108
Stam ped 4 s ..........................................
98
M issouri—F u n d ................ 18 9 4 -1 > 9 5 J 103

SE C U R IT IE S.

Ask.

New York City Bank Statem ent for the week ending Dec.
31, 1892, is as follows.
ban k s.

(00s omitted.)
Bank of N ew York.
M anhattan Co..........
M erchants’...............
Mechanics’...............
America.....................
P h en ix.......................
City.............................
Tradesmen’s.............
Chemical....................
Merchants’ E xch’go
Gallatin N ational...
B utchers’* Drov’rs'
Mechanics’ & Trad’s
Greenwich
.......
Leather Manufac’rs
Seventh National...
State of N ew York.
American E xch’ge..
Commerce..................
Broadway..............
M ercantile.............
Pacific.....................
Republic.................
Chatham................
People’s ..................
North A m erica ...
H anover.................
Irvin g.....................
Citizens’.................
N assau.......................
M a rk et* F u lto n ...
S t Nicholas.........
Shoe & Leather..
Corn Exchange. .
Continental.........
Oriental................ .
Importers’ & Trad’s
Park......................
E ast R iver..............
Fourth National—
Central N ational...
8econd N ation al...
N inth National__
First N ational___
Third National.......
N .Y . Nat. Exchangi
Bowery......................
N ew York C ounty..
Germ an-American.
Chase National......
Fifth Avonuo..........
German Exchange.
Germania.................
U nited S la tes.........
Lincoln.....................
Garfield.....................
Fifth National ...
Bank of the Metrop
W est Side.............
Seaboatd..............
Sixth N ation al...
Western N ation al..
F irst N at., Br’k lyn .
Southern National..

Bid.

Ba nk s.

2,r;00.(i
2.050.0

2 , 000,0
2,u00,0
3.0 0 0 .

2.008.3
1.741.7
1.015.1

2.017.8
2.214.2
0
455.4
LOOO.O
1.000. 2,640,0
0
750.0
300.0
600.0
1,000,0
300.0
400.0
20i ,0
600.0
300.0
1 .200.0

5.000.
5.0 0 0 .

. .

1 000

1, 000,0
422,7
1.500.0
4 50,0
200.0
700.0

1, 000,0

500.0
600.0
500.0
760.0
500.0
500.0

1 ,000,0
1 ,000,0

300.0
1.500.0
2,000,0
250.0
3.200.0
2,000,0
3o(>,0
750.0
500.0
1,000,0
300.0
250.0
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,0
300.0
200.0
500.0
200.0
2 .100.0

300,0
1,000,0

200,8

7.114.4
172.5
1.554.2
313.1
444.3
160,0
567.8
87,9
f 00,0
0
2.196.6
0
3.578.6
0
1.622.4
1.061.7
456.8
905.0
889.4
326.6
618.3
1.851.4
345.2
463.3
272.0
811.8
142.1
265.8
1.297.7
255.8
430.9
6.660.4
2.966.9
145.2
1.890.2
576.2
477,8
206.3
6.886.4
108,2
168.7
527.7
554.0
299.4
1.119.9
916.3
601.5
639.4
506.2
401.5
473.2

301.2
739.7
273.2
219.7
352.1
283.6
826,0
159.8

L o a n s.
$■
10.940.0
11.985.0
6.892.7
7.673.0
15,928,2
4.412.0
12.531.1
2.587.9
24.149.0
3.667.9
5.251.0
1.761.1
2,820,0
1.111.4
3.496.0
1.675.0
3.242.5
17.075.0
17.750.4
5.770.6
7.924.9
3.146.8
11.287.4
6.139.8
2.316.9

5.194.6
15.017.1
2.806.0
2.938.8
2,881,4
4.068.9
2.148.3
2.726.0
7.959.3
4.493.4
2.076.3
2 *,900,0
24.429.5
1.304.4
19.133.2
7.191.0
4.922.0
3.238.4
21,884,8
4.787.2
1.541.7
3.136.0
3.124.3
2,612,(
12,968,1
5.176.9
2.925.8
3.070.4
7,152,14.927.4
4.198.6
1.936.7
4^ 28,6
2.213.0
4.487.0
1.766.0
10.765.6
4.804.0
2.440.9

Specie. L eg a ls. D eposits.
1,800,0
2.165.0
694.1
1.088.0
3.169.6
658.0
4.237.8
326.6
4,993,5
548.9
517.0
339.3
2 85,0
171.2
421.6
244.1
180,8
1.276.0
1.756.0
1.176.2
1.453.4
205.2
2 . 010.0
860,5
230.4
817.4

4.457.9

313.5
773.7
173.0
431,4
230.1
393.0
810.3
1,019,8
160.1
5.176.0

$

1.090.0
893.0
790.3
718.0
1,379,3
731.0
1.196.0
320.7
1.705.1
559.2
498.4
344.4
405.0
139.2

414.0

166.5
400.2
1.797.0
2,496,5

264.5

804.0
598,c
439.5
780.3
414.8

436.4

896.1

321.9

188.7
612,*
554.1
315.5
398.0
530.0
264.2
399.5
870.0
4.790.5 2.724.8
133.9
185.7
4.480.2
513.1
1.053.0 1.357.0
913.0
698.0
637.7
551.0
3.007.7 1.141.9
913.7
376.2
100.8
210.7
687.0
207.0
7 1 0 .0
124.2
403.6
192.9
2.975.3 1 ,4 5 '', 0
1.045.7
475.9
208,2
644.1
2 8 b ,6
434.2
1.134.5
681.8
614.0
873,8
895.9
542.6
265,8
245,5
795.6
746.7
332.0
256.0
868.0
350.0
232.0
130.0
1.907.0 1.364.9
975.0
265.0
108,2
343.3

S.C. (cont.)—Bro^vn co n so l.6 s.1 8 9 3 ,
T en n e sse e 6s, o ld ..........1 892-1898
C om prom ise, 3-4-5-6s............1912!
5 s ..........................................
1913
3 s ..........................................
1913
V irgin ia—6s, o l d ..............
6s, c o n so lid a te d b o n d s..................
6s, con so lid a ted , 2 d s er ie s, ree ts
6s, deferred t%t r e c ’ts, stam ped

Ask

62
72
101 1 05
100 1 05
73% 7 6

6%

7

New York City, Boston and P hiladelphia Banks:

W e o m it tw o c ip h e rs (00) i n a ll cases .

C a p ita l S u r p lu s

Bid.

SE C U R IT IE S.

N ew Y ork—6s, lo a n ................... 1893 101
101
104% N orth C arolina—6s, o l d ............J&J
30
F u ndin g a c t ...............................1900
10
100
15
STe-w b onds, J & J ..........1 8 9 2 1898
Chatham R R ......................................
3
2%
7^.
2%
5
190
C onsolidated 4 s ....................... 1910
97 100
8
6 s ................................................... 1919 122
127
R hode Isla n d —6s, c o u ..1 8 9 3 -1 8 9 4 100
8 ou th C arolina—6s, n on -fun d.1888
2%

N . Y o i k ."
D ec.

3

C apital &(
S w plus.
Loans.

Specie.

Legals. Deposits, f Circ'Vn Clearings.
$

128.656.2 444.628.2 79,099,8 41,109,4 454,861,8 5,616,9 816.658.9

*• 1 0 ... 128.656.2 442.560.7 77,714,6 40,556,9,451,046,8 5.536.2 789,915,5
$
9.940.0
“ i.7 ..
129,304,9 4 4 1 .8 0 1 .2 76,995,5 40.745.6 449,195,5 5.589.3 889.849.9
12.258.0
• 2 4 ..
129, 14,3 4 3 8 ,180,9 76.885.3 40,383,3'44d,37o, 1 5.632.0 846.471.1
6.534.7
“ 3 1 .... 129.614.3 4 3 7 .7 2 2 .0 75.968.3 42.018.6 444,589,4 5,554,6 615.072.2
6.014.0 l l o s t o n . *
16.465.3 D e c . 1 7 . . . . 64.642.9 160.448.1 10,566,2 5,636,7 151,544,7 5.151.5 114,584,4
“ 2 4 ...
4.6 4 0 .0
64.642.9 160,042,4 10.324.4 5,169,6 146,779,1 5,148,8 111.025.3
14.808.4
“ 3 1 . . . . 64.642.9 158.114.8 10.234.4 5,710,2 144,918,4 5.188.5 83,944.2
2.775.7 P b l a . *
23.390.0 Dec. 17__ 35.793.7 105.066.0
27.039.0
104.624.0 3,612,0- 78.482.6
4.227.2
M 2 4 . . . . 35.793.7 103.354.0
26.004.0
101.970.0 3.615.0 80.254.7
4.152.8
“ 3 1 . . . . 35,793,7- 103.254.0
26.373.0
102.716.0 3; 602,0 66,412,4
2.130.1
* W e om it vioo ciphers in all these figures. t Including, for Boston and Phila
2.901.0
1,082,6 delphia, the item due to other banks.”
3.116.0
1.812.8
Miscellaneous and U nlisted Bonds.—Stock Ex. prices.
2.447.1
13.479.0
M is c e lla n e o u s B o n d s.
M is c e lla n e o u s B o n d s .
12.353.6 Amer. W ater W orks—1st 6s.
People’s Gas & C. 11st g. 6s. *105%b.
5.102.7
1st cons, os, g ........................
Co , Chicago . . . ) 2d g. 6s. 104%a.
8.258.5 Cahaba Coal Min.—1st g. 7 s ..
Pleas. V alley Coal—1st g. 6s.
97 b.
3.585.8 Ch, Juu.& S. Y ds.—Col.t.g ,5s
97 b. Procter & Gamble—1st g. 6s 105 b.
11.941.7 Colorado Fuel—Gen. 6 s..........
90%b.
Security C or.lst cons. g. 6s.
6.373.4 Col. & Hock. Coal & I .- 6 s , g
94 b. W estern Union T eleg.—7 s .. *112 b.
3.344.4 Consol’n Coal—Convert. 6 s ...
W heel.L E & P .C oal- 1st g.5s
5.019.3 Cons.Gas Co .Chic.—1 s tgu.5s
89 %a.
Un lis t e n B o n d s.
16.952.4 D env. C. W at.W ks.—Gen.g.5s
Ala. & V icks.—Consol. 5s, g.
95 a.
2.638.0 Edison E lec. 111. Co.—1st 5s . 112%b.
V icks. * M e r id .is t6 s ......... 100 b>
3.438.2
3.220.1

4.115.7
2.369.8
3.120.0
6.839.6
5.102.7
2.024.5
22.882.0
28,123,9
1.206.6
19.142.8
8.165.0
5.601.0
4.219.2
18,905,7
4.939.7
1.409.9
3.488.0
3.531.3
2.372.2
15.416.4

5.630.6
3.548.6

3.598.9
8.225.3
5.728.4
5.163.1
1.996.2
5.694.0
2.321.0
4.942.0
1.507.0
11,643,6
4.9 0 2 .0
1.979.9

T otal..................... 60,432,7)69,191,6 487,72-2,0 75,968,3142,018,6 444~589.4

E quitable G. & F.—1st 6s__
Henderson Bridge—1st g. 6s.
Hoboken Land * Im p.—g. 5s
Mutual Union T eleg.—6s. g ..
National Starch Mfg.—1st 6s.
Northw estern Telegraph—7s.
Peoria W ater Co.—6s, g ........

100
110

b. A ila n ta & Chari.—1st 7s__
14 b.
b. Comstock T unnel—Ino. 4 s ..
Georgia Pacific—1st 6s g .... 100 b>
113 a.
2d inort. incom e...................
50 b.
105 b.
Incom e 5s! .7........................... * I 0 7ab.
*105 %b.
100 b. M em .*Charleston—Con. 7 g .........
N ote.—“ b ” indicates price b i d ; “ a ” price asked. * L atest price th is w eek.

Bank Stock List.—Latest prices of bank stocks this week,
BA N K S.

Bid.

Ask.

215
Am. E x c h ... 150

222
160

B roadw ay... 257
B utchs’&Dr. 184
C entral....... . 135
150
410
C hem ical__ 4400
450
155
271
Commerce... 199
127
Corn E xch .. 257
D eposit......... 114
E a st R iver.. 150
1 1th W ard... 200
Fifth A v e .... 2000
F ifth ..............
F irst....... .
2500
F irst N ..S .I . n o
170
Fourth......... 200

270
190
142
420
4800
165
202
135
265
120
160

205

BA NK S.

Bid.

Ask.

BA N K S.

Bid.

310
Garfield......... 400
125
German E x..
G erm ania.... 330
Greenwich .. 150
337

325

630
N.Y. Nat. Ex 130

345

Im. & Trad’s’ 600
176
230
420
M anhattan.. 190
227
M ehacnics’ .. 185
M’chs’ & Trs’ 180
M ercantile .. 220
143
Mercli’ts Ex. 127
400

630
180
240

19th Ward.. 175
N. America. 165
Oriental — 230
190
300
People’8 __ 290
125

Murray H ill
170
N ew Y ork ... 231

195
200
235
156
140

240

172
Seaboard . .. 173

A sk
140
130

315
138
ISO

Seventh __ 125
S h oe* Le’th 154
St. Nicholas. 130
109
Stateof N.Y. 114

1.25

U n’d States 212
114

230
120

158

THE CHRONICLE.

J anuary 7, 1893.]

37

BOSTON, PHILADELPHIA AND BALTIMORE STOCK SXCHANDES.
Active Stocks.
f In d ic a te s u n liste d

B T S lia r e P r ic e * — n o t P e r C e n tu m
S a tu rd a y ,
D ec. 31.

M onday,
J a n . 2.

3 3 % 34

A tla n tio & Pao.
“
*.......... 95
B sltim ore & Ohio (BaU.
1st p referred
“
2 d p referred
“
100 *121
28
283e
B a ltim o re TraC’n .fP A iU
208 208
*186
B rston & L o w ell
“
1 6 9 V 17 0 V
B reton A M aine
"
18*2
C entral o f M ass.
“
100 *18
46*4 4 6 V
P referred
“
9 7 % 97V
C hlo.B ur.& Q nln.
“
7 7 % 7734
Colo. M il. & Bt. P . (P h il.) .1 0 0
Cillo. & W. M ich. (B o s to n ) .100
*5
6
C leve. & C anton
“
100
P referred___
“
1 0 0 *17
88
F itch b u rg p ref.
“
1 0 0 *r
H u n t. & B r. T op.( P h ila ) . 50 *39% 4 0
P referred
“
50 *55
58% 58V
L eh igh V a lle y
“
50
M aine C entral (B o sto n ). 1 0 0
136 136%
M etrop olitan T r a c .(P h il)
M exloan C ent’ (.B o s to n ). 100 *1038 10*2
N Y. A N . E n g .
••
100
45*2 45 V
P referred ___
“
100
94*2 94*2
a
O
N orthern C entral ( B a ll.) . 50
£
N orth ern P a c iilo (P h ila . 1.1 0 0
16*4 16%
4 7 % 4738
P referred
“
100
Old C olony___ (B o sto n ). 100 184 1 8 4
>
543s 54*2
P e n n s y lv a n ia .. (P h ila .) . 50
P h ilad el. & E rie.
“
50 *32*4 33 V
P h ila . A B ea d in g
“
50 26°ifj 2 6 V
115% 115%
P h ila d elp h ia T ra c. “
8 'Himiit B ran ch (B o s to n ). 50
39
U n ion P a c ilic
“
100
39V
U n ited C os.of N .J.fP A ito.1100 2 3 0 2 3 0
*6
7
■Western N . Y .& Pa ( P h ila .). 100
U I ls c e ila n c o H s S t o c k s
A tn,8ng’rRe:ftn.ir (B o sto n ) . . . .
no% 111%
P referred ..........
“
99% 99%
B e l l T e le p h o n e ..
*•
100 *202 2 0 4
3 3 % 33%
Boat. & M ontan a
“
25
11
11
B u tt e & B o s to n ..
“
25
C alum et & H e c la
“
25 2 9 7 2 9 7
O an ton .C o............ ( B a ll.) . 1 0 0 *70
C onsolidated Gas
“
100
58% 59
E rie T elep h o n e (B o sto n ). 1 0 0
G eneral E le ctric .. “
100 111% 112*8
P referred ............
“
100 1 1 2 % 1 1 2 %
L am son Store Ser. “
5 0 *15*8
L eh l’h C oal& N av 'P h il.) 5 0
52% 53
N .E n g. T elep h o n e (B o st’n ) 100 *58
59
N o rth A m erican - ( P h il.) . 100
10*8 10*8
W est E n d L a n d .. ( B o st’n ) ___ *17% 17%
* B id a n d a sh ed prices; no s a le w as m ade.

Inactive Stocks.

B id.

A sk.

P rices o f J a n . 6.
A tla n ta & C harlotte {B a lt.). 1 0 0
88
B oston & P ro v id en ce (B oston).1 0 0 2 5 3
22
C am den & A ta n tio p f. (P h ila .). 50
O ataw tssa..........................
“
50
6
7
1 s t p re fe rr e d ..........
“
50
58
2d p referred ............
“
50
V entral O hio................ (B a ll.). 50
55
57
Chari. Col. & A u g u sta
“
100
C o n n ecticu t & P a s s . (B o sto n ). 1 0 0 1 2 3 '
C on n ecticu t E lv e r ...
“
100
D elaw are & B o u n d B r . (P h ila .) .100 i'eo'
F lin t <fe P e r e M arq. . . (B o sto n ) .1 0 0
P r e fe tr e d ........................
“ 100
74
H ar.P orta.M t.Jojct L. (P h ila .). 50
81
Kan. C’y l ’t.S .& M e m .(B o sto n ). 100
P r e fe r r e d .......................
“ 100
K. C ity M em. & B ir m .
“
100
L ittle S c h u y lk ill........ (P h ila .). 50
73
M anchester & L a w .. (B ostosi). 100
M aryland C en tra l
(B alt.) 50
Mine H ill & S. H a v en (P h ila .) . 50
73
N e sq u eh o n in g V a l___
“
50
54
54
N orthern N . H ............. (B o sto n ). 100
N orth P e n n sy lv a n ia . (P h ila .). 50
85%
Oregon Short L in e ...(B o s to n ). 100
21% 22 %
P e n n sy lv a n ia & N . W . (P h ila .) 50
R u tla n d ........................... (B o sto n ). 100 '"2%
P referred ...................
100
Seaboard & R o a n o k e. (B a lt.) 100
1 st p r e ferred ............,
“
100
W est E n d ........................ (B o sto n ). 50
70% 71
P referred ........................
“
50
W est J e r s e y ....................(P h ila .). 50
62
W est J e rse y & A tla n .
“
50
W estern M a ry la n d ..
(B a lt.). 50
W llm . Col. & A u g u sta
“
100
W ilm ingt’n& W eldon
“
100 110
W isconsin C e n tr a l... (B o sto n ). 100
15
15%
P referred ........................
“ 100
Woro’B t.Nash.& Boch.
“
100
MISCELLANEOUS.

A ilon ez M inin g..........(B o sto n ). 25
■80
A tla n tio M inin g..........
“
25
9%
C ity P a ssen g er I B B ... (B a lt.). 25
B ay S tate G a s..............(B o sto n ). 50
27%
B oston L a n d ....................
“
xo
5%
C entennial M in in g ...
“
10
7%
F ort W ayne E lectric^
“
25
12%
Franklin M inin g........
**
25
13
F renchiu’n ’s B a y L ’nd
“
5
4%
H u ron M inin g..................
**
25
Illin o is S te e l H..............
••
100
78
K earsarge M in in g ___
“
25
11%
Morris Canal guar. 4 . (P h ila .). 100
80
P referred guar. 10
“
100
O sceola M in in g ............(B o sto n ). 25
35%
Pullm an P a la ce C ar..
“
100 196
B u in cy M inin g............
“
25 140
T am arack M inin g___
“
25 153
T hom .E urop.E .W eldlf
“
100
U n ited G rs lm p t.
(P h il.)............
65%

f Unlisted. I And accrued intere

1-00
10%

28
"7%
13%
13%
5
78%
12

36
196%
143
155
65%

T u esd a y ,
J a n . 3.
33% 34%
*3%
4%
*93% 94%

W ednesday,
J a n . 4.
33% 33%

4
4
*9 3 % 9 4 %

P r ic e * .

S a les

T h ursday,
J a u . 5.

F rid ay.
Jau, 6.

33%

33%

33

93%

93%

*93 V

R ange o f sa le s In 1892.

Shares.

3 3 % 1 7 ,337
94

5

*121 ___
28
28
27% 28
28
28
28
28
2,1 0 5
2 0 8 208
20 9 2 09
208% 2 09
2 10 210
120
186% 180% ‘ 187
......... * 1 8 6 V .......... •IS 7
170% 171
169% 1 70
1 69 1 70
169% 169%
349
18% 18%
18
18
18
18
•127
46
46
46
46
*45 ......... *45
47
30
97% 98%
9 7 % 9 7 % 97% 98
96% 9 7 V
5,884
77
77%
76% 77%
76% 76%
76% 76%
3 ,3 0 0
*.......... 48
*45 .......... *45
47
*____
6
*5
6
*5
6
*5
6
*17 .......... *17
18
17
17
*17
10
87% 88
87% 88
87% 88
87% 87 V
298
*39V 4 0
*39 .......... *39V
*
*.......... 56
57
57%
57% 58%
5 7 % 5 7 % 5 7 % 57 V
3 ,6 7 9
* 1 2 1 V . . . . . . *121 125
136% 136% 13634 137
136% 136% 136% 139 V
6,025
1 0 7* 11
*10% 10%
10% 11
1 0 % 10V
1,015
4 4 7s 45 V
4 4 % 4 5 % 4 4 V 45 V
44 V 4534 12,312
94
94
95
95
9 4 V 94V
*95
85
6 8 V 68*2
68V 68V
16% 10%
16% 16% ‘ 16
16%
1,2 1 9
16% 1 6 *
463s 47
46% 46%
45% 46%
6 ,6 0 0
45% 4 6 V
1 8 4 V 184V 1 85 187
1 8 6 186%
234
187
5 4 % 5 4 % 54% 54%
54% 54%
54*4 5 4 % 4,5 8 8
*3 2 % ..........
33
33%
32
33
32% 32V
2 77
2 5 sir 267le
24% 251,(1
24% 25%,, 25 V
145,085
116*4 119
4,109
119 119% 118 118
118
118
7
*6
7
*6
7 * .........
*6
3 9 V 40
39% 40%
39% 40%
3 9 % 39% 10,863
*230 ____ •230 ......... *230 ..........
41
6%
*6
6% *..........
6*4
6%
‘6
7
50
111% 113% 1 13 114% 112%
99 V 100 V 100% 101% 100%
x 2 0 4 207
2 05
2 0 4 V 205
3 3 % 3 3 % 3 3 % 3 3 % 32 V
11*4 11V
11V l i v
11V
2 96
2 9 8 2 9 8 *•290 297
*70
73 V *.......... 7 3 *..........
58%
59
59V *58% 59%
4934 50
49%
*49V 50
11 1 V
1 1 2 112V 112% 113
1 1 2 V H 2 V 112% 112% 1 1 2 V
15V
1 5 V 15V
1 5 V 15V
52%
52 V 53
52% 53
59
5 9 V *.......... 5 9 % 5 9
10
10 *.......... 10V
10V
‘ 17%
1 7 V 17V
17% 18

Inactive stocks.
W ater P o w e r ................ (B oston). 100
W estin g . E l. tr. reo.1I
“
50

114%
101%
2 06
32 V
11V
2 96
73 V
58%
50
112
H 2V
15V
52%
59%
10V
17%

B id.

'4 9 V 5 0 V
in
m%
15*4

*

A sk.

53

nov

17%

15V
53
59%
17%

H ig h e s t

3 3 ,8 3 6 78 °s Jan.
6 ,2 0 0 9 0 V Jan.
504 192 Mar.
1,1 3 6 3 0 Sept.
4 10
7 J u ly
86 2 53 Feb.
6 0 V Jan.
525 43 Jau.
95 4 3 V Jan.
2,798 104 V Ju ly
49 112 V D ec.
135 14V Feb.
591 48 V Jau.
26 5 0 V Feb.
4 00
9 V D ec.
7 05 16 Deo.

Bonds.

18 1 1 5 V Au&
18 107V Aug.
29 2 1 0 V Dec.
22 45 V M ay
20 17 V Jan.
S' 3 00
A ug.
4 73 Aug.
5 63V N o r.
2 52 N o t .
7 1 1 9 78 Oct.
21 120 A ug.
8 21 M ay
19 55V Feb.
2 62 O .t.
29 18V Jau.
22 2 0 V M ay

25
19
14
28
5
15
23
7
25
7
10
12
12
3
3
10

B id.

234 P a. & N. Y. C a n a l,7 s ... 1 9 0 6 , J&D 125
33%
Conaol. 5 s ......................1939, A&O,
P erk iom en , 1 st a e r .,5 8 .1 9 1 8 , Q—J
Bonds—Boston,
A t.T op.& S.F . 100-yr.4 g .,19 8 9 , J& J
P h ila .& E rie gen . M. 5 g .,1920, A&O, 115 I..........
81%
..........
10 0 -y ea r in co m e 5 g., 1 9 8 9 .S e p t.
Gen. m ort., 4 g ...........1920, A&O 101
B url. & M o. B iv e r E x em p t 6 s, J& J 110V
P h ila & R ead, n e w 4 g., 1958, J&J
84*4 8 4 V
78** 76*2
l e t pref. in com e, 5 g, 1958, F eb 1
N o n -e x e m p t 6 s .............. 1 9 1 8 , J& J 107
94
P la in 4 8 ............................ 1910, J& J
2d pref. incom e, 5 g , 1 9 5 8 , Feb. 1 6 9 7s 70
C hic. B url. & N or. 1 s t 5 ,1 9 2 6 , A&O 103% 104
3d p ref. in com e, 5 g , 1958, Feb. 1 61*2 6 1 V
103
2d, 7 a ............................... 1893, A&O 1 0 3 * 2 ..........
2 d m ort. 6 3 .............................. 19 1 8 , J&D
100
..........
D eb en tu re 6 s ...........................1 8 9 6 , J&D
C onsol, m ort. 7 a ..........1911, J&D 128
Chic. B url.& Q uincy 4 s .. 1 9 2 2 , F&A
C onsol, m ort. 6 g ..........1911, J&D
9 2 V 93
Io w a D iv isio n 4 s .........1 9 1 9 , A&O
Im provem entM . 6 g ., 1897, A&O 106 ..........
94^4 94%
Con. M .,5 g .,sta m p e d ,1922, MAN 104 ..........
Chic.& W .M ieh. gen. os, 1 9 2 1 , J& D
P h il. R ead. & N . E. 4 s ............... 1942 7 5 V 76*a
C onsol, o f V erm o n t, 5 a .19 1 3 , J& J
51
C urrent B iv e r, 1 st, o s . .1927, A&O
In com es, series A .....................1952 5 0
35
D e t. L a n s.& N o r’n M. 7 s . 1 9 0 7 , J& J
In com es, ser ie s B .................... 1952; 3 4
99*2
E a stern 1 s t m ort. 6 g ., 19 0 6 , M &8
121*s P h il. Wilm. & B a lt., 4a . 1917, A&O, 99
E ree,E lk . &.M.V.,1st, 68.1933, A&O
P itta. C. & St. L ., 7 s . . . . 1900, F&A 1 16 V ..........
P o’k eep sie B ridge, 6 g . 19 3 6 , F&A
U n s ta m p e d ls t, 6 s — 19 3 3 , A&O
8 c h u y l.R .E .S id e ,la t5 g .1 9 3 5 , J&D 1 05 *4 108*2
K .C . C.& S p rin g .,1 st,5 g .,1925, A&O
S teu b e n .& In d .,lstm .,5 s. 1914, J&J
K C. F. S. & M. con. 6 s, 19 2 8 , M&N
K.C. M em . & B ir .,ls t,5 s ,1 9 2 7 , M&S
U n ited N. J ., 6 g ..............1894, A&O
W arren & F r a n k .,la t,7 s,1 8 9 6 fF&A
K.
C. S t. J o . & C. B ., 7 s . .1 9 0 7 , J&J
92*3 93
L. B o ck & F t. 8 ., 1 st, 7 s . . 1905, J& J
B o n d s .—B a lt im o r e . , „ _ . _
A tla n ta & C hari., 1 st 7s, 1 9 0 /, J feJ
L o u is.,E v.& S t.L .,1 s t,6 g .l926,A & O 111
In com e 6 s ......................1900, A&O
9 7 hi
2 m ., 5 — 6 g .................. 19 3 6 , A&O
B altim ore & Ohio 4 g ., 1935, A&O
Mar. H . & O nt., 6 s .......1 9 2 5 , A&O
P itts . & Conn., 5 g .,.1 9 2 5 . F&A
E x te n . 6 s ...... ................19 2 3 , J&D
102*2
S ta te n Islan d, 2d , 5 g .1 9 2 6 , J&J
65
M exican C entral, 4 g . . . 1 9 1 1 , J&J
65*2
B
al.&
O hioS.W .,lat,4*2g. 1990, J&J
22
1 s t c o n so l.in co m es, 3 g, non-cum .
23*2
C a p eF .& Y a d .,S er.A .,6 g .l9 16, J&D
10
11
2d oonsol. in co m es, 3s, non-cum .
S
eries
B ., 6 g ................1916, J&D
;N. Y. & N .E n g ,, 1 st, 7 s , 1 9 0 5 , J&J 118V 119*4
S eries C., 6 g ................1916, J&D
1 st m ort. 6 s ..............................1905, J&109
J hi
102
Cent.
Ohio,
4*2 g ............ 1930, M&S
2d m ort. 6 s ....................19 0 2 , F&A
103
Chari. Col.&Aug. 1 st 7 a .1895, J&J
O g d en .'& L . C., C on. 6 s . 1 9 2 0 ,A&O]
Ga.
Car.
&
N
or. 1st 5 g . . 1 929, J&J
Inc. 6 s ........................................—1 02 0 ■
N orth. C ent. 6 a . . . , ....... 1900, J&J
R u tla n d , 1 s t, 6a.............. 1902, M&N <
6
s
...........................
- .........1 9 0 4 , J&J
2d, 5 s ..............................1 8 9 8 ,F i A
8 e ries A , 5 s ..................1926, J&J
4*23.................................
1925, A&O
Bonds.—Philadel ihia
P ied m .& C u m .,1 st, 5 g . l 9 1 1 , F&A
A lle g h e n y V a l.,7 3 1 0 3 ,1 8 9 0 , J&J
108
R
itts.
&
C
onnells.
1
st
7a.
1898, J&J >
A tla n tic C ity 1 s t 5 s, g ., 19 1 9 , M&N 10 4 104*2
V irginia M id., 1 st 6 s . -.1 9 0 6 , M&S
B clv id ere D el., 1 st, 6 a .. 19 0 2 , J& D 112*2
2 d Series, 6 s ................. 1911 M&S
C ataw issa, M., 7 s ..........1 9 0 0 , F&A 118
3 d Series, 6 s ................ 1916, M&S
C learfield & Jeff., 1st, 6 s . 1 9 2 7 , J& J 116
4 th Series, 3-4-5s.......19 2 1 , M&S
C onnectin g, 6 s ..........1 9 0 0 -0 4 , M&S 116
5th Series, 5 s . . . . ....... 1926, M&S
D el. & B ’dlB r’k , 1 s t, 7a. 1 9 0 5 ,F&Aj 127
W
est Va. 0 . & P. 1st, 6 g . 1 9 1 1 , J& J !
E aston & A m . ls tM .,5 a .l9 2 0 , M&N 110
W est’* N.C. Oonsol. 6 g .1 9 1 4 , J&J
Elm ir. & W ilm ., 1st, 6 s . 1910, J& J.
Wilm.
Col. & A ug., 6 s .. 1910, J&D! 115 116
H u u t. & Br’d Top, Con. 5 s . ’95, A&O io iv 102 *«
MISCELLANEOUS.
L eh igh N a v . 4 V s ............1914, Q—J 108*2
B
altim
ore—City
H a ll6a. 1 9 0 0 ,Q—J
2 d 6 s, g o ld ......................1897, J& D 109
F u n d in g 6 a ................... 1900. U—J I
G eneral m ort. 4 V s, g . 1 9 2 4 ,0 —F 1 0 1 ^ 10278
W
est
M
aryl’d
RR.
6 a .. 1902, J&J
L eh ieli V a lley , 1 st 6 s ... 18 9 8 , J &D 110*4
W ater 5 a ...................... 1916, M&N
2 d 17 s .................................1910, M&S 135 ISO
F
u
n
d
in
g
5
a
...................1916,
M&N
C onsol. 6 ..........................1 923, J&D 128
E x ch a n g e 3 V s ............1930, J &J
N orth Penn . 1 s t, 7 a---- 1896, M&N 110
7 1 V 72*2
V
irginia
(State*
3
s
,
n
e
w
.
1932,
J&J
G en. M. 7 a ........................19 0 3 , J&JI
C hesapeake G as, 6 s ........1900, J & I > 107 V 1OS
P e n n sy lv a n ia g e n . 6 s , r ..l9 1 0 , Var 130
113
113*2
C
ousol.
Gas,
6
s
.
.
.
.
.
........1910,
J&L>,
120
C onsol. 6a, e
..............19 0 5 , Var!
99 1101
5 s ...................................... 1939, J&J |
112
114
Conaol. 5a, r ...............................1919, V ar
111
I
lllV
E
q
u
itab
le
G
as.
6
s
..........1913,
A&O1
C ollat. Tr. 4*9 g ............19 1 3 , J&D

Last price this week.

2%
33%

112% 114%
101
102
2 05 2 05 V
32% 32%
11
11
*290 2 97

L ow est.

32% M ay 2 1 1 40% Jan . «
8 7s D ec. 8| 5% Jan . 5
84 Ja n . 0 100% Mar. 15
1 30 Ja n . 1 2 1 3 5 Feb. 10
116 Jan. 18 1 23 Ju n e 15
17% Ja n . 81 30% N ov. 1
199 Jan. 8 216% Deo. 21
173 Ja n . 5 186 N ov. 2 9
159 Ja n . 28 185% O e t 17
15% Sept. 17 19% O ct. 2 7
3 3 Jan. 2 48 Oot, 2 7
95*9 Sept. 15 110% Jan . 28
75% D ec. 19 84% A ug. 1
43% N ov. 21 i 5 5 Mar. 31
5 N ov. 17
8 Feb. 1 2
16 D ee. 10 23 Ja n . 4
8 0 Sept. 1 2 9 2 M ay 1 3
25% .Tail. 27 42 N ov. 21
40% Jan. 21 57% N ov. 2 5
50% Jan . 13 02% Feb. 11
112 Mar. 14 137% M ay 17
83% Jan . 18 150 Sept. 30
10% D ec. 6 24% Ja n . 4
31 A ug. 25 58% Mar. 3
7 5 M ay 4 114% Jan . 9
03 J u ly 13 71 D ec. 1 4
15% D ec. 28 20% Jan. 5
45 D e c. 29 72% Jan. 2
104% Jan . 5 187 May 11
5 3 N ov. 9 57% J an . 2
31 Sept. 20 40% Mar. 3
:9%s J a n . 19: 34% Feb. 11
71 Jan 18 115% D ec. 29
5 Mar. 29
7 Feb. 15
36 D ec. 2 5 0 V Jan. 4
x223V M ar 24 233 Doc. 3
6 V D ec. 22 10 V Feb. 18

THE CHRONICLE.

3S

[V ol . LV I.

NEW YORK STOCK EXCHANGE PRICES (Continued).—A C T I V E B O N D S J A N . 6 , 1893, AN D T E A R 1 8 9 3 ,
!

Gios’ng , R ange (sales)

j Closing K ange (sa les) i n 1892.

BAILEOAD a n d M is c e l . B o n d s . f X d . j ’u T l

Low est.

in

1892.

H ig h e s t

P a e of Mo.—2d e x te n .5 s .1 9 3 3 J A J 106%b. 102% Jan. 109 J u n e
Mobile A O h io — N ew , 6 g . . 1927 J A D i l l b.iX l2 Fen. J19 N ov
67% Jan .
G eneral m ortgage, 4 s . ..1 9 3 8 M A S 61% | 59% D ec,
N ash. Ch. A St.L .—1st, 7 s . 1913 J A J 1 26 I). 126% Jan. 132 Ju n e
Con., 5 g ............................... 1928 A A O 102 %b. 10 i% Oct, 1 06 Feb.
N .Y . C entral—E x te n d .,5 s . 1893 M A N 101 b. 100% N ov. 105 Mar.
1st, c o u p o n ,7 s .................... 1903 J A J* 122%b. 123% Jau. 129 Ju n e
1 07 b. 106 Oct. 13 0 Feb.
D e b e n .,5 s, coup., 1 8 8 4 .. 1904 M A
118
117% N ov. 123% Apr.
N. Y. A H arlem —7s,reg.lS O O M A
L12%b. 111% N ov. 115% A ug.
R. W. A Ogd.—Con., 5 s . . 1922 A A
96%b. 9 5 Jan. 100 J u n e
N.Y’. Chic. A St. L . - 4 g . . . l 9 3 7 A A
109 b. I l l
J u ly 115% J u n e
N .Y . E le v a te d —7 s ................ 1906 J A
N . Y. Laok. A W —1 st, 6 s .. 1921 J A J '1 2 7 b. 12 5 Jan. 130 Ju n e
C onstruction, 5 s ..........*—1923 F A A ! H 2 b. 10 9 A ug. 114 Oct.
N .Y .L .E .A W .—1 s t,con .,r/g . 1920 M A S 136%'o. 134% Mar. 139% Aug.
L on g D ock, 7 s .................... 1893 J A D ilO l b. 100% D ec. 106% M ay
C onsol., 6 g ........................1935 A A O 120 b. 117% Apr. 122% A ug
2d co n so l., 6 g .................... 1969 J A D 101% 101 D ec. 109% May
82% J u ly
84% N ov.
N. Y. O. A W —R ef. 4 s, g .,1 9 9 2 M A 3 83%
& D 106% 100 Jan. 108% May
C onsol. 1st, 5 g .................. 1939
103
a Jan. 107% N ov.
A J 104 b. iiu
N.Y.8U8.AW .—1 st ref., 5 g . 1337
117%b. 115% Oct. 119 Mar
M idland o f N . J ., 6 g . .. ,1 9 1 0
Apr. 103% S9pt.
A N loO%b. 98
N orf. A Sou th.—1st, 5 g . .. l 9 4 1
91 Oct.
96% M ay
A J 90
Norf. A W.—100-year, 5 g .1 9 9 0
A J 9 0 %b. 90% Aug. 95 Jan.
Md.&W’ash. D iv .- ls t ,5 g.1941
A J 116% 115 Jan. 119 J u n e
N orth .P ac.—1 st, coup., 6 g . 1921
G eneral, 2d, coup., 6 g . . l 9 3 3 A A 0 1 1 2 %b. I l l % Oct, 116% Mar.
G eneral, 3d, coup., 6 g . .l 9 3 7 J A D 107 a. 106% J u lv 111 Apr.
66% Doc.
80% Jan.
C onsol, m ort., 5 g ...............1989 J A D 68
71% D ec,
82 Feb.
Chic. A N .P .—1st, 5 g . . . l 9 4 0 A A 0 73%
SJ^jb.
8
5
D
ec.
103
Feb.
M
A
S
N orth. F ac. A M on.—6 g . . . 1938
N orth. P a c. Ter. Co.—6 g . .l 9 3 3 J A J 1 02 a. 104 Oct, 108% Apr.
1
0
9
%b.
i
n
Jan.
115%
Ju
ne
J
A
J
Ohio A M iss.—Cons. s .f.,7 s . 1898
C onsol., 7 8 ............................1898 J A J 109 %b. 11 0 Mar. 115 Ju n e
11
3
N
ov.
107%
105
D
ec.
J
A
D
Ohio Sou thern—1 st, 6 g . . . l 9 2 1
G eneral m ort., 4 g ............1921 M A N 63 b. 6 0 N ov. 66% Mar.
66 J u ly
Om aha A St. L ou is—4 g . . . 1937 J A J * 6 0 b. 6 2 % Apr.
A D 1 0 2 %b. 99% J u n e 104% N ov,
O regon Im p. Co. - 1 s t , 6 g .1 9 1 0
63
b.
6
1
D
ec.
71%
Jan.
A
O
C onsol., 5 g .......................... 1939
109% Jan. 1 12 J u n e
& J 109
O re.R .A N a v Co.—1 s t,6 g . 1909
96
Feb.
88%
86
Dec.
A D
C onsol., 5 g ............................1925
105% Jan. 108% J u n e
A J 106
Pa. Co.—4% g., c o u p o n ___1921
lO
i
b.
101%
Sept.
1
10
Feb.
A J
Peo. Deo. A E v a u sv .—6 g .,1 9 2 0
A S *100 b. 1 00 Apr. 108 Ja n .
E v a n s v ille D iv ., 6 g ___1920
72
a.
65%
N
ov.
7
2
D
ee.
2d m o r t.,5 g ........................ 1926 M A N
83% Jau.
90% Ju n e
Phila. A R ead.—G en., 4 g .1 9 5 8 J A J 85%
79%
Aug.
76%
69% Feb.
1 st p ref. in com e, 5 g ........ 1958 Feb.
72% Ju ly
69%
53% Feb.
2d pref. in com e, 5 g ........ 1958 Feb.
61%
3 7 Jan.
67 Feb.
Feb.
3d pref. in com e, 5 g ........ 1958
80% Jan. , 86% J u n e
J —
A J- 81%
P ittsb u rg A W estern —4 g .1 9 1 7 ~
103%
U
0
2
%
D
e
c
.
112
Jan.
R ich A D a n v .—C o n .,6 g .,1 9 1 5 J A J
85 Feb.
C o n s o l.,5 g ..........................1936 A A O 6 7 %b. 67% D ec.
Rich.AW . P .T er.-T ru st,6 g . 1897 F A A 71 b. 71% D ec, 100 Feb.
41% J u n e 72% Feb.
Con. 1 s t A col. tr u st, 5 g . 1914 M A S 44%
77
76% Jan.
83 Ju n
Rio G. W estern—1st, 4 g . . l 9 3 9 J A
94%
9 3 N ov. 100 Mar
St. Jo. A Gr. I s l a n d - 6 g . . 1925 M A
103 b. 1 05 Sept. 108% Jan,
St. L. A lt. A T . H .—lB t ,7 s .l8 9 4 J A
10 3
101 Oct. 1 0 2 % N ov.
St. L. A Iron Mt. 1 st e x t. 5 s .’97 F A
105%b. 103% D ec. 109% Feb.
2d, 7 g ..................... ..............1897 M A
Cairo Ark. A T e x a s, 7 g . .l 8 9 7 J A D 105 a. 103 D ec. 109 Mar.
86% Mar.
G en. R’y A lan d g r .,5 g ..l9 3 1 A A O 85% | 82% Oct.
St.L . A San F r.—6 g., Cl. B . 1906 M A N 110% b .!ll() D ec, 115 Apr.
6 g., C lass C........................1906 M A N 110% b.;110% N ov. 1 15 Apr.
G eneral m ort., 6 g ............1931 J A J 1 06 b .1106% Jau. 111 Ju n e
72% Jan.
St. L. So.W est.—1st, 48, g . . 1989 M A N 63% b.| 63% D ec.
37% Jan.
2 4 D ec,
2d, 4 s, g., in c o m e ..............1989 J A J 24%
S.P.M .A M .—D ak. E x ., 6 g .1 9 1 0 M A N 117% b. 116% N ov. 119% A ug.
J !120 b. 118% Jan. 123% Ju n e
1 s t co n so l., 6 g ................... 1933 J
do
red u ced to 4 % g . . . J A J | 9 9 %b. 97 Jan. 103 A pr.
93 N o v .
M ontan a E x te n s io n , 4 g .1 9 3 7 J A D 8 7 b. 87% Jan.
75 May
San A . A A ran. P .—1st, 6 g . 1916 J A J 67 b. 65 Apr
7 2 D ec.
61
~
Jan.
68
A
J
J
1 st, 6 g ................................... 1926
97 J u ly
8 4 D ec.
S e a ttle L .S .A E .—1 s t,gu. 6 .1 9 3 1 F A A 8 7
104
105 Sept. 108% Mar.
So.C ar.—1st, 6 g .,e x c o u p .1920
So. P ac., A riz.—6 g ........ 1909 -1 0 J A J 100 b. 101 Feb. 107% J u n e
So. P a cific,C a l.—6 g . . . . 1905-12 A A O 1 1 3%b. 111% Oct. 1 16 Mar.
1 st, co n so l., gold , 5 g ___ 1938 A A O 9 6 a, 95 D ec. 102 Mar.
So. P acific, N. M.—6 g .......... 1911 J A J 1 03 b. 101% Jan. 108% J u n e
97 J u n e
89 Feb.
T en n .C .I. A R y.—T e n .D .,ls t ,6 g A A O 93%
91 Jan. 10 0 Ju n e
B irm . D iv ., 6 g ....................1917,3 A J 94%
85% M ay
T ex. A P ac.—1st, 5 g .............2000; J A D 76%b. 76% D ec,
34% Mar.
2 5 J u ly
2d, iu c o m e , 5 g .................... 2 0 0 0 M arch. 26%
9 6 J u ly 105 N ov.
Tol. A . A . A N . M.—6 g .........1 9 2 4 'M A N 108%
109%
June
*104
b.
102%
Jan.
Tol. A Ohio C ent.—5 g ....... 1 9 3 5 J A J
82% Ju n e
7 9 %b. 7 7 Jan.
Tol. P eo. A W est.—4 g .......1 9 1 7 .J A J
101
M ay
Tol. S t.L . A K an. C.—6 g . . 1916 J A D 85 b. 8 4 N o v .
U nion P acific—6 g .................1 8 9 9 |J A J 110% 110% Jan. 114% Ju n e
110%
F eb.
Sin king fu n d . 8 s .................. 1893 M & S 103% ,102% Sept.
C ollat. tr u st 4% .................. 1918 M A N 71 a. | 6 4 Sept. 74% Jam
100
Jam
9234
Sept.
G old 6s, col. tr u st n o te s . 1 8 9 4 |F A A 1 00
K an. P a c.-D en . D iv .-6 g .1 8 9 9 M A N 11034b. 108 *2 N ov. 1 1 2 Sept.
1
14
Apr.
ls t c o n s o l.,6 g ..................1 9 1 9 M A N 108% 107% D ec,
O regon Short L in e—6 g . . l 9 2 2 | F A A 106% 101 Ju n e 108 Jam
O r.S.L .A U t’hN.—Con.5 g .1 9 1 9 A A O 7 7 b. 7 2 Sept. 83% Feb.
77% Jan.
67% D ec.
U .P .D e n .A G ulf con. 5 g .1 9 3 9 J A D 70%
U n ion E le v a te d —6 g ..........1937 M A N 1 15 b. 1 1 0 Jan. 117 Oct.
85 Feb.
V irgin iaM id .—Gen. m .,5 s , 1936.M A N 7 7 b. 76% May
do
sta m p e d gu arJM A N 7 8 b. 7 9 N ov. 87 Feb.
W abash—1 st, 5 g ...........................19 3 9 M A N102 % 1 02 D ec. 107 Apr.
78% Sept. 85 J a n .
2d m ortgage, 5 g ................ 1 9 3 9 . F A A 80%
50 Jam
D eb en t. M ., ser ie s B ........... 1939 J A J 3 3 b. 3 5 J u ly
1 0 1 34 101% Jan. 105% J u n e
W est Shore—G uar., 4 s .........2361 J
105
M ay
J
101
%b.
9
9
Jan.
W est. N. Y. A P a .—1st, 5 g . 1937 J
0 | 30%b. 3 0 D ec. ! 35% F eb .
2d m ort., 3 g .,5 s o ................ 1 9 2 7 A
106%
D e c.
J
103%
100%
J
a
n
W est. U n. T el.—Col. t r .,5 8 .1 9 3 8 J
J! 8 7 %b. 9 0 Mar. 95% J u n e
Wis. Cent. C o .- 1 st, 5 g ........1 9 3 7 J
42%
J
an.
.
J
2
9
b.
3
2
J
u
n
e
In co m e, 5 g ........................... 1937 . .
t Coupon off.
* L a st p rice th is w e ek .
NOTE—“ b ” in d ica tes p rice b id ; “ a ” price a s k e d ; th e R ange is m ade up fro m a c tu a l sa le s only.

107% Jan.
A m er. C otlon O il,deb., 8 8 .1 9 9 2 Q F 113
81 % Feb.
A t - T o p .i8 .F .- 1 0 0 - y v ..4 g .l9 8 9 J & J 81%
0,1 . f v . j .
(1 . . . V ___1 9 » 9 A & O 53%b. 52% D ee.
*
5
4
b.
53 M ay
lO oV ear rnc’o m e ,5 « . . . -.1 9 8 9 , Sept.
6 8 b .1 67 J u ly
A tl. & F a c .—Guar, 4 K— .1 9 3 7 —
10%b.j
10 A ug.
W .D. in e . ,6 s ........................................ £ A
B rookl’n E le T a t’d l8 t ,6 ,g - 1 9 2 4 A * O M l 6 b. I l l Jail.
105%
105%
Jan.
Dan. South.— 1 s t guar., 5a 1908 J « J
100 Mar.
& a 102%
8 4i .,-5 8: r . . . . . i 9 i 3 M
67%b.
67
Sept.
it.G a .—8 .A W. 1 st co n. 5 8 /2 9 - - *• - - - Cent.
115 Jan.
itr a lo f N . J . — C o n s.,7 a .1899 Q—J
° a S s o l . ! 7 a I i 9 < ) 2 !M ' & K, 119 b. iis % D ec.
General m o rtgage, 5 S :-1 9 8 7 |J & 3 109% 1109% Jan.
L eh.& W .B .,cou.,7a,a8M . 1900| Q -M 108 b.J 1 0 S % D ec.
do. m o rtgage, 5 s ..........! § i ? ¥ ^ ^ 1 0 0 a 9 4 Jan.
A m . D o ck & Im p ., 5 a-----19 21 ■} * •} 108%b. 105% Jan.
O entral Pacific—G o ld ,6 a ..1 8 9 8 J * J 108%b. 109 Sept,
tJliea. i O l i i o —t lo r t .,6 g . . 1 9 1 1 A & O 116 b. 114% Apr.
101 Dec.
la to o n a o l.,5 g ....................1 9 3 9 M & » 103
Gfcu. 4 D -s,g ......................... 1 9 9 2 M & S *79%b. 78% Oct,
7 6 Jan.
B .& A .D iv .,1st e o n .,2 -4 g .1 9 8 9 1 * •! 79%
do 2 d c o n ., 4 g . -.1 9 8 9 3 & J 78%a. 75% Jan.
Ohio. B url. & Q —C o n .,7 s. 1903 J & J 1 2 0 % 121% Jan.
i> eb ejitu re,5 s......................1913 M A N* I01%b. 100 N ov.
C onvertible 5 s .................... 1903 M & 8 105% 105 Oct.
D e n v e r D iv isio n , 4 a ........1922 F A A 93 %b. 91% Feb.
N ebraska E x te n sio n , 4 s . 1927 M A N 8 6 b. 8 4 D ec,
Okie. A E. III.—1 s t,s .f .,6 s . 1907 J & D 1 12%b 112% Jau.
C onsol7,6g........................... 1934 A 6 i O 121 b. 119 Oct.
9 7 J an.
G eneral consol. 1st, 5 s .. 1937 M A N 1 0 0 %
C hicago A E r ie - 1 st, 4-5 g .1 9 8 2 M A N 1 0 2 b, 97% Jan.
O
et’b’r
4
2
1
j
.
40% D ec.
Incom e, 5 s ........................... 1982
86 J an.
91%
Okie. Gas L. A C .—1 st, 5 g - 1937
126%b,
125%
Jan.
Okie. Mil. A S t.P .—C on .7s. 1905
112%b. 112% Jan.
1st, S o u th w e st D iv ., 6 8 .1 9 0 9
114 b. 113% Jan.
l e i , So. Min. l)iv ., 6 s . . ..1 9 1 0
109
106 Jau.
lst.C h .A P a c.W .D iv ., 5 s . 1921
101
• 00% Jan.
Chic. A Mo. R iv .D iv ., 5 3 .1 9 2 6
A
105
,1 0 3 Jan.
W is. A Minn. D iv ., 5 g ..l9 2 1
A
104
b.
103
Jan
T erm inal, 5 g ......................1914
90 b. 86% Jan.
Gen. M., 4 g ., series A .. . 1989 J A
112%b.
i
n
>
4
Jan.
.1
A
Mil. A N or.—1st, co n ., 6 a .l9 1 3
‘Okie. A N. \ V C o n s o l . , 7 a .. 1915 Q - F 137 b. 136 N ov.
J
A
D
121
b.
121
D
ec.
Coupon, gold , 7 s ................ 1902
8ink ing fund, 6 a ................ 1929 A A 0 ............. 1114% Sept,
A
A
O
108%
1105%
May
Sinking fund, 5 s ................ 1929
Sin king fund debeii., 5 8 .1 9 3 3 M A N jl05% b. 105 Apr.
25-year d e b e n tu r e ,5 . . . 1909 M A N 103%b. 103% May
E x te n sio n , 4 s ......................1926 F A a ! 96 a. 96 Jan.
Okie. P eo. A 8 t. Loui3—5 g . 1928 M A S 100 a. 96 Mar
O kic.R .l. A F a c.—6s, c o u p .1917 J A J 121%b. 121 Jan.
99% Sept.
E x te n sio n and e o l.,5 s .. .1 9 3 4 J A J 100%
94% Sept.
30-year debent. 5 s........... 1931 M A S 95%
1
2
1
%
J
A
D
119 D ec.
Okie. St. F. M. A O .—6 s . . . . 1930
C leveland A C anton—5 .. .1 9 1 7 J A J 91 b. 88 Jan.
128% Jan.
0 . C. C. A I.—C onsol., 7 g .1 9 1 4 I A D
G eneral co n so l., 6 g ........1934 J A J 120 b. 118% Jan.
76% D ec.
C.C.C.&St.L.—F e o .A E .4 s .1 9 4 0 A A O 77%
In com e, 4 s ........................... 1990 A pril. 25 %b. 23 D ec.
Col. Coal A Iron—6 g ..........1900 F A A 105 a, 99 May
Jan.
Col. M idland—Con., 4 g . . . l 9 4 0 F A A 64
61 D ec.
A S 91%
Ju ly
001.
H .V a l.& T o l—C o n .,o gM
. 1931
87% Jan.
M ay
9 3 Jan.
G eneral, 6 g ......................... 1904 J A D 95 %
M
A
N
117%b.
Apr.
115% M ay
D enver A Rio G.—1st, 7 g .1 9 0 0
D ec.
77% Jau.
l s t c o n s o l.,4 g ....................1936 J A J 84%
Feb.
D e t.B . City & A lpena—6 g . 1913 J A J 61 b. 6 0 Oct.
D et.M ac.A M .—L’d g r a n ts.1 9 1 1 A A O 38 %b. 3 6 Apr.
9 5 Mar.
D al. So. Sk. A A t l —5 g . . . .1 9 3 7 J A J 97
E .T en n .V A G .—Con., 5 g . 1956 M A N 91
9 0 Mar.
K n ox v in e A Ohio, 6 g . . . 1925 J A J 95
96% Jun e
E liz. L ex . A B ig San.—5 g .1 9 0 2 M A S 97
81 Mar.
F t. W. A D en v . C ity—6 g . . 1921 J A D 98
96% D ec.
G al.H .A S an A n .-W .D iv .le t,5 g. M A N 96
95% May
H an. A St. J o s.—Cons., 6 s . 1911 M A S1116 % 1 1 4 Sept.
H ou s.A T ex .C .—Gen. 4 s , g . l 9 2 1 A
-----A O ’ 67 b. 61% May
Illin o is C entral—4 g ............1 9 5 2 A A O 100%b. 96% Jan.
In t.A G t.N o .—ls t,6 g .(E x .)1 9 1 9 M A N 108%b. 106 Feb.
C oup.,6 g .,tr .r e o .stm p d .l9 0 9 jM A S
73% J u ly
S o w aC en tra l—l s t , 5 g ........ 19 3 8 'J A
° ~D 87%b. 8 7 D ee.
A J 83 b. 81 Jan.
K en tu ck y C entral—4 g ___ 1987
K in g s Co. E l.—1 s t, 5 g . . . . l 9 2 5 J A J 100
97% Feb.
L acled e G as—1 st, 5 g ...........1919 Q - F
85
8 0 Mar.
L ake E rie A W est —5 g ___ 1937 J A J 108%b. 107 % J an.
L . Shore—Con. cp ., 1 st, 7 s . 1900 J A J 117%b. 119 Sept.
Coneol. c o u p .,2d, 7 8 ........1903 J A D 122
121 D ec.
L ong Isl’d—1st, con., 5 g . . 1931 Q - J *114 a. 113 Apr.
G eneral m ortgage, 4 g . .l 9 3 8 J A D 95
91 Jan.
Louis. A N ash .—Cons., 7 s . 1898 A A O llll% b . 110% Oct.
N.O. A Mob. 1 st, 6 g .......... 1930 J A J 119 b .!il7 % J a n . 122 D ec.
do.
2d, 6 g ............1930 J A J 110
108 Jan.
G e n e r a l,6 g ...........................1930 J A D 115
115% Jan.
U nified, 4 g .........................1940 J A J | 80%b. 78% Jan.
N ash .F l.& Sh.—ls t g t d .5 g . ’3 7 iF A A '1 0 0 b. 9 8 Feb.
L ouis. N .A . A C h.—1st, 68.1910: J A J i l l
108% Jan.
C onsol., 6 g .........................1916 A A O 105%
99 Apr.
L ouis. St. L. A T ex a s—6 g . 1 9 1 7 F A A 94%
87% Jan.
M etro. E le v a te d —1 st, 6 g .l9 0 S J A J H 6% b. 113% Jan.
2 d ,6 s ....................................... 1899 M A N 106%b. 105% Jan.
M ick. C ent.—1 s t ,c o n .,7 s .. 1902 M A N ll9 % b . 118% D ec,
C onsol., 5 s .........................1 90 2 M A N 106%a. 1 0 6 N ov,
M il-L akeSk. AW\—1 s t,6 g . 1921 M A N 126
1 2 3 Jan. 128 J u ly
E x te n . A Im p ., 5 g ..........1 9 2 9 F A A 109
104% Mar. 1 1 0 J u ly
M . K . A T.—1 st 4s, g ......... 1 9 9 0 J A D 79%
79 June
”
2 d 4 s, g ................................. 1 9 9 0 F A A 48%
45% J u ly
M o.P aoin o —1 s t , c o n . , 6 g . 1 9 2 0 M A N 111 b. 106% May
8 d ,7 e .......................................1 9 0 6 M A N 113%b.ll2 % Jan.
F ac. of Mo.—1st, e x ., 4 g .! 9 3 8 F A A 100%b.> 9 6 N ov.

NEW YORK STOCK EXCHANGE P R IC E S -tC o n tin tted l.-IA ^ a T iT ^ B O N D S- J A N U A R Y 6 .
SEC U R ITIES.

Railroad Bonds.

Bid.

Ask.

SE C U R IT IES.

W. Y a. A P itts.—1st, g., 5s. .1 9 9 0
B . A O. S. W ., 1st, g., 4 %s . . . 1990
(S to ck E x ch a n g e P rices.)
M onon. R iver, ls t g .,g . 5 s .. . 1919
A labam a M id.—1 st, g., g n a r ,.1 9 2 8
Oent’lO h io R eor.—1st, 4 % s .l9 3 0
2(1. 4 s, C lass B .........................1989
58%
A k .A Ch. J u n e.—1 st,g ,5 s,g u .1930
A tla n tic & 0 a n ( . —1 s t g., (is.. 1 9 1 7
18
Bost. H. Tun. A W.—D eb. 5 s . 1913
A tl. & P a c .—2d W. D., gu. Os,. 1907
Brooklyn E le v a te d —2d, 3 -5 s. 1915
B alt. A Ohio—1 st, 6s, P ark B .1 9 1 9 T 1 8
B ru nsw ick A YTn—1st, g. 4 s , 1938
6 s, g o ld ........................................ 1925
1 1 2 % Butt. R och. A P itts.—G em , d s.1937
Cons, m ort., go! 1, 5 s ..............19881*114%
R och. A P itts .—1st, 6 s ..........1921
‘ No orloe Friday: th ese are th e la ie a t uuoi*iion<* m ade th is w aui

B id.

Ask.

SE C U R IT IE S.

R och. A P itts .—Cons. 1 st, 6 s . .1 9 2 2
Burl Ced. R ap. A N o.—1 st, 5s. 1906
C oasol. A co lla t. tru st, 5 s . . . 1 9 3 4
..........
M inn. A St. L .—1 st, 7s, g u . .l 9 2 7
m *
Io w a C. A W est,—1 s t ,7 a ....1 9 0 9
*105
Ced. R am I. F. A N ., 1 s t, 6 s .l9 2 0
101
1 00
1 st, 5 s ...................................... 1921
95
C.Ohio—Jol. A C in.M .1 st,4%s. 1939
”9 9 ’4 i o 5 “ ’enfe. RR. A B ank.—Col. g .5 3 .1 9 3 7
C hat. RoineA Col.—G td g .......1 9 3 7
120

10 4
*105%

B id.
UGH)
96%
100%
100%
92
•s o il
..........

A sk .
102%
97
mmmmmrn

__
95

---------- A

89
.........

THE CHRONICLE.

J anuary 7, 1893.]

39

NEW YORK STOCK EXCHANGE PRICES .—IN A C T IV E BONDS—,rContinued J - J A N U A R Y 6 .
SE C U R IT IE S.
C ent, o f N. J .—Conv. deb., 6s .1 9 0 8
C entral P acific—Gold bd s, 68 1895
G old b on ds, 6 s ....................... 1 8 9 6
G old bon ds, 6 s ....................... 1 8 9 7
Ban J oa q u in B r., 6 s .............. 1 9 0 0
Mort. g o ld 5 s ........................... 1 9 3 9
1900
Land grant, 5 s, g ........
C. & O. D iv ., e x t., g. 5 s ----- .1 9 1 8
W est. P acific—B onds, 6 s . . . .1 8 9 9
N o. R a ilw a y (Cal.)—1 st, 6s .1 9 0 7
5 0 .y ea r 5 s ............................. 1938
C hes. <fc O.—Pur. M. fu n d , 6s 1898
6 s, gold, series A ................... 1908
C raig V alley—1 st, g., 5 s . . . .1 9 4 0
Warm Bpr. V al., 1st, g. 5 s. .1 9 4 1
C hes. O. & Bo. W e st—1 st 6s, g .1 9 1 1
2d , 6 s ............................................ 1911
Oh. V .-G e n .c o n .l8 t,g u .g ,5 s . 1938
C hicago & A lto n —1 st, 7 s ........ 1893
Sin king fu nd, 6 s ..................... 1903
L ouis. & Mo. R iver—1 st, 7s..1 9 0 0
1900
2d , 7 s ...........................
St. L. J a ck s. & Chic.—1 st,7s,.1 8 9 4
M iss.R . B rid g e—1 st, s. f., 6s..1912
Chic. B url. & N or.—1st, 5 s — .1 9 2 6
D eb en tu re
..............................1 8 9 6
Chic. B urling. <fc Q.—5 s, s. f . . 1901
Io w a D iv .—Sink, fu n d , 5 s .. 1 9 1 9
Sin k in g fu n d , 4 s ................... .1919
P la in , 4 s ...................................... .1921
C hic & In d ia n a Coal—1 s t 5 s. 1 9 3 6
Chi. Mil. & St. P .—1 st,8 s,P .D . 1898
2d, 7 3-lO s, P. D ..................... 1898
1st, 7s, $ g . , R .D ..................... 1 9 0 2
1 st, I. <fe M ., 7 s ......................... .1897
1 st, I. & D ., 7 s ......................... .1899
1 s t ,C. & M ., 7 s ......................... 1 9 0 3
1 st, I. & D . E x te n sio n , 7 s . . . 1908
1 st, L a C. & D a v ., 5 s .............. 1919
1 st, H . &. D ., 7 s ....................... 1 9 1 0
1 st, H . & D ., 5 s ....................... 1 9 1 0
C bicago & P acific D iv ., 6 s .. 1 9 1 0
M ineral P o in t D iv . 5 s ............ 1 9 1 0
C. & L . Sup. D iv ., 5 s .............. 1921
Fargo & S ou th ., 6 s, A s s u ... 1 9 2 4
In c. con v . sink, fu n d , 5 s ___ 1 9 1 6
D a k o ta & Gt. Sou th., 5 s ___ 1916
M il. &. Nor. m a in lin e —6 s . . . 1 9 1 0
Chlc.&N.W .—3 0 y ea r deb. 5 s, 1921
E scan a b a & L. S. 1 st, 6 s ___ 1901
D o s M. & M inn.—1st, 7 s ___ 1 9 0 7
Io w a M idland—1 st, 8 s .......... 1 9 0 0
P e n in su la —1 st, c o n v ., 7 s . . . 1898
Chic. <fe M ilw aukee—1st, 7 s . 1898
W in. <fe St. P .—2d, 7 s .............. 1907
M il. <fe M ad.—1 st, 6 s .............. 1905
O tt. C. F. & St. P .—1 st, 5s.- 1909
N orth ern 111.—1 st, 5 s .......... 1 9 1 0
C h.Peo. & St.L .—C o n .lst,g .5 s. 1939
C .R .I.& P .-D .M .& F . D . 1 s t 4s. 1905
1 s t, 2*29................................... 1905
E x te n sio n , 4 s ....................... 1 9 0 5
K eokuk <v. D es M.—1st, 5 s .. 1 9 2 3
C hicago & St. L o u is—1 st, 6 s .. 1915
C hic. Bt. P. & M um .—1 s t ,6 s ... 1 9 1 8
S t. P a u l & S. C.—1 st, 6 s ........ 1 9 1 9
Chic. & W. In d .—1st, s. f., 6 s. 1919
G en eral m ortg a g e, 6 s .
1932
1921
Chin.
3hLc._& W est M ich.—5 s , .
(Din H am . & D .—Con. s. f.,
1905
2 d , gold , 4*33.......................
1937
Cin. D . & Ir’n —1st, gu. 5 s, g. 1941
C lev. A k. & Col.—E q. <fc 2 d 6s. 1 9 3 0
C.C.C. <fe St. L ., Cairo d i v .- 4 s , 1 9 3 9
S t.L o u .D iv .—ls t c o l.t s ’t4 s,g . 1 9 9 0
Spring.& C ol.D iv.—1 s t,g. 4s. 1 9 4 0
w h ite W.V aL D iv.—ls t ,g . 4 s. 1940
C in.W ab.& M .Div.—ls t,g .4 s . 1991
Cm. I. St. L. & C.—1 st,g.,4s. 1 9 3 6
C o n s o l, 6 s .................................. 1920
Cin.San.&Cl.—C o n .lst,g .5 s, 1928
Gl.Col. Cin. & In d .—1st, 7 s,s.f. 1899
C onsol, sink, fu n d , 7 s ............ 1 9 1 4
C leve. & M ah. V .—Gold, 5 s . . . 1 9 3 8
C olorado M idland—1st, g ., 6s, 1936
C olum bia <fc G reen.—1 st, 6 s . .. 1 9 1 6
2d , 6 s ............................................ 1926
D e l. L ack. & W .—Mort. 7 s ___ 1907
Byra. B ing. & N . Y .—1 st, 7s. 1906
M orris & E ss e x —1 st, 7 s ___ 1 9 1 4
B on d s, 7 s .
1900
7 s of 1871
1901
1 st, co n ., g u a r., 7 s .............. 1915
DeL & H ud . Can.—Coupon 7s, 1894
P a . D iv ., co u p ., 7 s .................. 1917
A lb a n y & Susq.—ls t ,g u .,7 s 1906
1 st, co n s., guar., 6 s ........... 1 9 0 6
B en s. & Bar.—1st, coup., 7s. 1921
D e n v e r C ity Cable—1 st, 6 s . .. 1908
D e n v . T ram w ay—Cons. 6s, g . 1 9 1 0
M etropol. Ry.—ls t,g u . g .6s. 1911
D e n v . <fc R . G.—Im p .,g ., 5 s .. . 1928
D u lu th & Iro u R an ge—1 s t 5s. 1937
E . T enn. Va. & G a.—1st, 7 s .. . 1900
D iv isio n a l 5 s ___
1930
1 s t e x t., gold, 5s
1937
E q .< fe lm p .,g .,5 s.
1938
M obile & B irm .—1 st, g .,5 s .. 1937
A labam a C entral—1 st 6 s . .. 1918
E cie 1st, ex te n d e d , 7 s .......... . 1897
2d , ex te n d e d , 5 s ...................... 1919
3d , e x te n d e d , 4*ss.................. 1923
4 th , ex te n d e d , 5 s .................... 1920
6 th , e x te n d e d , 4 s ..................... 1928
1 st, con., g., I’d, 7 s ............... 1920
R eorg., 1 st lien , 6 s ................. 1908
B. N . Y. & E .—1 st, 7 s ........... 1916
N . Y. L. E. & W.—Col. tr.,6 s 1922
F u n d ed coup., 5 s ..................... 1969
B ull’. & B. W.—M ortg. 6 s . . . . 1908
Jefferson—1 st, gu. g. 5 s ___ 1909
C oal & KR.—6 s ......................... 1922
E u r ek a S prings— 1st, g., 6 s .. . 1933
E v a n s. T .H .—1 st,co n s.,6 s 1921
N o p rice Friday; ta e s e are ta e

B id.

Ask.

1 0 4 78
106
107
>109
'104*41
106
106
95
100
116

96
109

104*2 106*2
72
117
T16*s
104%
104
104
103*4
105*4
95%
86*2

96
100
119*2

119
122
123*2 127
122
120 123*2
123*2
125*2

102

1 2 2 *2 126

102

102
102
112

103

id s '
113
105

104*2
114

121*2
i i o * i L13
107
107
99
*73
98
liO
123
123

52
lo o ’

116
*95
121
97
98

97*2

Si
92
93*2 95
104
105
113
113*2
107*2 109

140
110

120*2
136
105*2
137
126
118
142

122

141
130
119

100
99*2
100
84
98 100
108
110
102
52
97 ib o
113*4
115
108*8
i i ' I " 114
137
110
134
io y
88
97

89
..........

..........

.....

S E C U R IT IE S .

B id.

SE C U R IT IE S.

I Bid. 1 A sk.

E .& T .H .—Wt. V ernon 1 s t 6s .1 9 2 3
N orth’n P acific—D ivid ’d serf l» e x t. I ..........
Sul. Co. Br. 1 st, g., 5 s.............1 9 3 0 101
J .!!!!••- R iver V al.—1
.193* ..........
Svan s. <te In d ia n .—1st, c o n s .. 1926
Spokane & Pal.—1st, 6 s ,... .1 9 3 0
83
^ lint <fc P. M arq.—M ort., 6 s . .. 1 9 2 0 118
S t.P a u l «fc N. P .—G en., Oh. .1 9 2 3 121
1 st con. gold, 5 s ........................1939 96*2 100
H elena& E edM ’n—lst,g.,(»> . 1937
....... J
P o rt H u ron —1st, 5 s ............... 1939
98
D uluth& M sm ltobu—Id .ir.e s i 93(1
99
Pla. Cen & P e n .—1 s t g. 5 s . . -.1 9 1 8
Dul.<feMan D ak .D iv .—IstO 1.1937
io i
n W orth & R. G.—1 s t g., 5 s . .1 9 2 8
65*2
.1 9 If]
,107*4
Gal. H ar. <fe8an A n t.—i s t , 6 s . 1910 *104
90
Gal. H. &S. A .—2d m ort., 7 s .. 1905> ...
102*2
95
8.1938
W est. D iv ., 2d Cs......................1931
.1931 123
124
Ga. Car. & N or.— 1st, gu. 5s, g 1929
.1 9 3 2
Ga. 80 . & F la ,—1 st, g. 63 ..........1 927 *76
.1934
Grand R ap. & Ind.—Gen. 5 s . .1 9 2 4
. 1924
G. B . W. & S t.P .—1 s t 6 s .r e c t s .1 9 ll
110
.1 9 0 8
2d in co m e, tr u s t r e c ts ...................
38*2
91
H ousaton ic—Cons, gold 5 s ___193 7 11438
Roanoke<feSo.L 1922
N . H a v e n & D erb y, Cons. 5 s ..1918 108
,.1990
8'i
84
Hons. &T. C.—W aco & N. 7 s ..1903 120
.1911
1 s t g ., 5 s (int. g td ).................. 1937
105
Sp rin g.D i v.—1st 7 s ..
.1 9 0 5
C ons. g. 6 s (int. g td )..............1912
D e b e n t. 6 s, prill. & in t. gtd . 1897 *88
95
Ohio R iver RR ..1 9 3 6
D eb en t. 4 s, prin. & int. g td .1 8 9 7
80
.1 9 3 7
H linois C entral—1st, g., 43 ...1 9 5 1 103*s
.1 9 2 7
93
1 st, gold , 3*23...........................1951
93
<.1!>1U 79
80
Cairo B ridge—4 s ..................... 1 9 5 0
99
Pau. S in k .F ’d Subsidy—6s, . 1910
B pringf. D iv .—Coup., 63 ___ 1898 105
n n .-P . C. C&St. L. Cn. g. 4 *2 i YI940 102 4 103
M iddle D iv .—R eg., 5 s........... 1921 112
Do
do
Series 1. ........ *102
C. St. L .& N . O.—Ten. 1 .,7 8 .1 8 9 7 111 114
.1 9 0 0
1st, co n so l., 7 s .......................1897 111 114
.1 9 1 2
2d , 6 s ........................................ 1907
. 1912
Gold, 5s, c o u p o n ..................1951 116
.1 9 1 2 130
Mernp. D iv ., 1st g. 4 s ........1951 *96
.1 9 0 0 *118
D ub. & S. C.—2 d D iv ., 7s ...1 8 9 4 101 103
Gen. 4*23,
“ A” ......... .1 9 4 2
Ced. F a lls & M inn.—1st, 7 s .. 1907
96
Cli.St. L.&P.— ls t,c o u .5 s ,g .1 9 3 2
Ind. D . <fc Spr.—1 st 7s, e x . c p .1 9 0 6 123*2 125
ST. L. V. & T. H .—1st, 6 s., 'J .1 8 9 7 107
Ind.D .& W .— 1 s t 5s, g .,tr .r e c .. 1947
.1 8 9 8
2d, 5s, gold, tr u st r e c e ip t s .. 1948
.1 8 9 3 108 »*
Gd.R.AI.Exfc.—1 st,4 *23,G, '.1941 100
In c . M. bonds, tru st r e c e ip t s ___
100*3
Ind. Ills. <fe I o w a —1st, g, 4s. 1939
Peo.<feE.-Iud.B.<fcW.-lsc,pf.‘ t.1900 110
ill
Int.&G. N’n —1 st,6 s ,g ................. 1919 131*2
Ohio [nd.&W.—ls tp r e f.5 ! .1 9 3 8
7734
..........
K a n a w h a & M ich.—Mort. 4 s . 1990
P e o r ia & P ek. U n ion —1st, 6 s .1921
.
Kan. C .W yan.& N .W .—1st, 5 s . 1938
.1921
K in g sC o .-F .E l.,lst,5 ,g .,g u .A .1 9 2 9
93
.1 9 2 2
L ake E rie & W est.—2d g., 5 s . 1941 101 102 !P itts . & L. E r.—2d g. 5 s, ‘
1928
L. S. & M. S o —B .& E .—N ew 7 s . ’98 114
.1 9 3 2
D et. M. & T.—1st, 7 s ..............1906
P itts. P a in sv . & F .—1st,
.1 9 1 6
L ake Shore—D iv. bonds, 7 s . 1899 1 14
P itts. Sheu. & L. E .—1st,!
.1 9 4 0
K al. A ll. & G. R .—1st gu. 5 s .1938
P itts .Y ’g s t’n&A.—1st, 5:
.1927
M ahou’g C oal R R .—1st, 5 s . 1934 108
'.1916
L ehighV .jN .Y .—1 st gu.g.4*23.194.0 102*2 103
.1 9 1 6
L eh ig h V .T erm .—1 st gu 5s,g. 1941 112 % 113
.1 9 2 7
1fitchf. Car.& W est.—1st 6s. g . 1916
100
E quip . M. s. f., g ., 5 s.
.1 9 0 9
107
A ti. <fc Char.—1 s t, prel
.1 8 9 7 *
L ong Isla n d —1st, 7 s ................. 1898 112 %
..........
N . Y. & R ’w a y B .—1 s t ,g. 5 s . 1927
. 1900
do.
Incom e,
W ash.O.&W ,—ls t,4 s ,g
,1 9 2 4
2 d m o rtg ., in c .......................1927
22*2
92
Rio Gr. J u n e.—1 s t, gu.,
99
N.Y-.&MaD.Beach.—1st, 7 s, 1897
.1938
80
N .Y .B .& M .B .—1st con. 5s,g . 1935
.1 9 4 0
101
37
B rook l’n& M ontauk— Ist,6 s. 1911
.1 9 2 5
.1 9 2 7
1 st, 5 s .......................................1911
St. L. A . & T .H .1 8 9 4
82
L o u is.E v a n s.& S t. L.—C on.5s. 1939
103*8
.1 8 9 4 101
L ouis. & N a sh .—Cecil. B r .7 s ..1 9 0 7 107*8 107*2
65
.1 8 9 4
E. H . & N ash .—1 st 6s, g ___19 L9 112
674
P e n sa c o la D iv isio n , 6 s ..........1920 107*2
.1 8 9 0 110 111*3
. 1923
St. L ou is D iv isio n , 1st, 6 s ... 1921 *116
s l9 1 7 100
2d , 3 s .........................................1 980 *60
____
.1931
80
Leb. B ra n ch E x te n sio n .. .1 8 9 3 1 00
72*s
do
2d
incc
.1931
1
10
N a sh v . & D eca tu r—1 s t, 7 s . . 1900
.1 9 3 2
80
Car. & Sh aw t.—1st j
8. f.,6 s .—S. & N . A la ............... 1910 •102
.1 9 0 0 1 1 0 *.j
St. L. & S. F .—2d 6s, g
1 0 -4 0 , gold, 6 s ..........................1924 '101
1895 100
5 0 -year 5s, g .,........................... 1937 102% 103
.
1 9 3 1 93*a
P e n s. & A t.—1st, 6s, g o ld ... 1921 103%
.1 9 8 7
C ollat. tr u st, 5 s, g .................. 1931 102*8
.1
66*3 67
C onsol, guar., 4 s ................. . 9 9 0
Lou.N.Alb.& Ch.—G e n .m .g .5 s.l9 4 0
75% 7 6
K an. C ity & 8.—1st, 6s, g .. .1 9 1 6
Lou. N . O. & T ex .—1st, 4 s ___1934
Ft, S. & V. B. B g. - 1 s t , Os. .1 9 1 0
2d m ort., 5 s ............................... 1934
K an sas M idland—1st, 4s, •, .1937
L ouis. St. L. & T ex .—2d g, 6 s . . 1917
.1931 *1074
M anhattan R y .—Cons. 4 s ........1990
95
98
.1 9 1 7 *103
M anito.S. W .Coloniza’n—5s ,g. 1934
.1 9 0 9
St. P a u l M inn & M.—1st,
M em phis & C hari.—6s, g o ld ..1924 *37
.1 9 0 9 * 1 1 0 4 117*a
2d m ort., 6 s .........................
1 s t con. T en n lien , 7 s ............1915 117
1922
M exican Cent. C onsol.—4s, g .1 9 1 1 *116
.1 9 3 7 ii'i% ii5 * a
1 st, eo n s, in co m e 3s, g ..........1939 106*2 107
.1 9 3 7 100 3-i 103
M exican N a tio n a l—1st, g., 6a. 1927
.1 9 0 8 .......... 10 2
44
2 d , in co m e, 6s, “A ” ................ 1917
.1919
San Frau. & N. P .2 d , iu c o m e , 6s, “ B ” ...............19L7
.1931
M ichigan C entral—6 s ................ 1909 *115*2
.1 9 3 1 .........
C oupon, 5 s ...................................1931 113
1937
M ortgage 4 s ...............................1940
98
.1939
97
974
Mil. L. S.&W.—Conv. d eb., 5 s . 1907 107
109
1909
T ex a s C entral—1st, s.
M icb. D iv ., 1 st, 6 s ....................1924 122
.1911
1st m ortgage, 7 s —
A sh la n d D iv isio n —1st, 6 s .. 1925 122*2 124
.1 9 0 5
T ex a s & N ew O rlean sIn co m es................................................. 105
.1912 106
M inn.& St. L.—1 st, g. 7 s ..........1927 128 130
1937 n o
112*3
140
Io w a E x te n s io n , 1st, 7 s........1909 131
.1 9 1 7 100
Tol. A . A . <fe Cad.—6 s .........
2d m ortg., 7 s . . : ........................1891 10 7 120
1921 1 1 2
T oledo A . A. Jc G’d Tr.—g.
S o u th w e st E x t.—1st, 7 s ........1910
.1 9 1 9 102*3 __ T
Tol. A. A . & Mr. PL—6 s ...
P a cific E x t.—1st, 6 s ...............1921 110 118
90
.1 9 4 0 * __
Tol. A. A. & N . M.—5s, g..
Im pr. & equip m ent, 6 s ..........1922
120
.....
1928 100
M inn. & P a c.—1 st m ortg., 5 s . 1936
1896 105 V
M inn.St.P.& S.S.M —1st c .g .is . 1938
1897 107 I
1st, 6 s .
M o.K.&T.—K.C.&P., 1st, 4s, g. 1990 *72
189^ 108*3
D a l. & W aco—1st, 5 s, g u .... 1940
86
1908
98 i L02
M issouri P a cific—T ru st 5 s . . . 1917
91
1907
83 1 9 2
1 st co ll., 5s, g ............................1920
8 1 4 84
1895 1 0 6 4
St L.&I. M -A r k .B r .,ls t ,7 s .l8 9 a 102%
1896
106*3
M obile & Ohio—1 st e x t., 6 s ... 1927 111
1895 100 1
C. Br. U.:5 > - -F.C ,
St. L. & Cairo—4 s , g u a r -----.1 9 3 1
.....
1905
80
A toll. Col.
M organ’s La. & T.—1st, 6 s .. . . 1920 r r r
82
1905
A tch. J. 0<
1 st, 7 s............. . .......................... 1918 127*4
86
83
1918
U
.P
.
Lin.
<
110
N ash . Chat. & 8^.,. L —2d, 6 s .. 1901
1919
so ! 32
Oreg.S.L.iS
N ew O rleans,& G ulf—1st, 6 s .1 9 2 6
.....
19
0
s
103
U
tah
«
&
No
N. O. &. N o. E .—Pr. 1., g ., 6 s .. 1915 i 0 9 ”
1926
95
8)
N Y. C ent.—D eb. g. 4 s ............1905 100
1909
98 4 .00
N . J. Ju n e—Guar. 1st, 4 s . . . 1986
101
98
.00
E x te n ., 1st, 7 s ................. 1909
B eech Creek—1 s t ,gold, 4 s .. 1936
O sw .
R om e—2d, 5 s ,g .,g u .l9 1 5 l b i " i b T i V alley H'y Co. o f O.—Con. 6 1921
IW abash—D ebenture, ser. A 1939
U tic a & BI. R iv. -4 s , g., gu .1922 100
No. M issouri—1st, 7 s ........ 1895 104%; . . . . .
N. Y. N. H . & H .—1st, reg. 4 s . 1903 101
| St. L.K.O.&N.—K.E.ARK.7 1895, r106 1 .07*3
110
N. Y. & N orthern—1st, g., 5 s . 1927 1 0 s
8t.CUarie9Ur'ge—1 st,(is. 1908 ____1 ........
7
‘
2
75
2d, 4 s ...........................- .........
1927
.... . .. ..
West. \ a. C. A P i t t s —1st. ti 1911
90
N . Y. Susq. & W est.—2d, 4*23.1937
88
I
WIieel.AL.13.—1st.
5s, g o ld . 1900^ 9.) *3 . . .
96
G en. m ort., 5 s, g ......................1940
19301
I Kxi elision & Im p, g., 5 s ...
N. Y. T ex . & M ex.—1st ,4s,gu. 1912

1122
la te s t a llo t a mm a m ade title w e e s .

F o r . t l i a c e l l a u e o o s A: U n l i s t e d t l .> a d . —See Jd uage prec. Aug.

THE < HRONH’t E.

40

[V ol. LVI.
L a te st E a r n in g s R eported.

R o a d s.

^ m u e s lm e n l
AND

fla x lr o a d

I n te llig e n c e .

T h e I n v e s t o r s ’ S u p p l e m e n t , a p a m p h le t o f 150 p a g e s
c o n ta in s e x te n d e d tables o f th e S to c k s a n d B o n d s o f R a il­
ro a d s , a n d o th e r C o m p a n ie s, w ith r e m a r k s a n d s ta tis tic s con­
ce rn in g th e in c o m e , fin a n c ia l s t a tu s , e tc ., o f each C o m p a n y.
I t is p u b lis h e d o n th e la s t S a tu r d a y o f every o th er m o n th —
v iz. , J a n u a r y , M a rch , M a y , J u l y , S e p te m b e r a n d N o vem b er ,
and is fu r n is h e d w ith o u t e x tr a charge to a ll re g u la r sub ccribers o f th e C h r o n i c l e .
27ie G eneral Q u o ta tio n s o f S to c k s a n d B o n d s, o ccupying
cix p a g e s o f th e C h r o n i c l e , are p u b lis h e d o n th e tliird
S a tu r d a y o f each m o n th .

’

RAILROAD EARNINGS.
L a test E a r n in g s R eported
R oads .

Week o r Mo

A lle g h e n y Y a l.. N ovem ber.
A tch T.tfeS. Fe- 3d w k D ec.
St. L. & San F. 3d w k D ec.
Col. M idland 3d w k D ec.
A gg. t o t a l... 3d wk D ec
A tla n ta & Char* O c to b e r ...
A tlan ta & F lor’a Noyem ber.
A tla n ta «&W.Pt. A u g u st___
B .& O .E astL ines N ovem ber.
W estern L ines N ovem ber.
T o ta l............. Novem ber.
B al.tfcO. South'w. 3d w k D ec.
B a th & H a m ’nds October. ..
B ir. & A tla n tic .. N ovem ber.
B ir.Sh.& T enn.R O c to b e r ...
B rooklyn E le v .. 4 th w k D ee
B uff.R oeh.& Pitt 4th wk D ec
Bur.C .R ap. <fc N 2d wk Dec.
Cam den & A tl. O ctober ..
C anadianPacitic 4 ib w k D ec
Car. Cum. G<fcCh. October. ..
Car. M idland__ N ovem ber.
C entral of G a ... Septtvnb’r.
C entral of N . J .. N ovem ber.
C entral P a cific.. O c to b e r ...
C entral of S. C -. October. ..
Char.Cin.&Cliic. N ovem ber.
C harlest’n&Sav October. _.
C har.Sum .& No N ovem ber.
C heraw .& D arl.. October. ..
C heraw .& Salisb October. ..
Ches. <fe O hio— 4th wk D ec
Chee. O. & .S.W . N ovem ber.
Chic. Bur. & N o. N ovem ber.
Chic. B ur. & Q .. N ovem ber.
Chic. & E ast. III. 4 th w k D ec
C hicago & E rie. October. ..
Chic. M il.& St. P. 4 th w k Dec
O hic.& N ’th w ’n . Novem ber.
C h ic .P e o .& S L J 3d w k D ec
C liic.R ’k l . & P .. D ecem ber.
C hic.St.P.& K .C . 3d wk Dec.
Chic.St.P.M .&O. N ovem ber.
Chic &W. Mich. 3d w k D ec.
Cin. Ga. & Ports. Novem ber.
Cin. Jack & Mac. 4th wk D ec
C in.N . O. A T .P . 3d w k D ec.
A la. Gt. Smith. 3d wk D ec.
N . Orl. <fe N. E. 3d wk D ec.
A la. & V icksh. 3d wk D ec.
V icks. Sh. & P. 3d wk D ec.
E rlanger Syst. 3d w k Dec.
Ohm. N orthw ’n. N ovem ber.
Cin. P orts. & V.. November
Col. & M aysv. N ovember.
C lev. Akron &Co. 3d wk D ec.
C lev. Can. & So. O c to b e r ...
Cl. Cin. Ch.&S.L. 3d wk D ec.
P eo. & E a s t’n. 3d wk D ec.
Cloy. & M arietta N ovem ber.
Col. H .V . <fe Tol. D ecem ber.
C ol.Shaw nee& H 3d w k D ee.
C olusa & L a k e .. N ovem ber.
C onn. River.
Novem ber.
C urrent R iv e r .. 3d wk Deo.
D e n v . & Rio Gr. 4 th w k D ec
D es. M. No. & W. N ovem ber.
Det.BayC.<feAlp, N ovem ber.
B e t.L a n s ’g&No 3d wk D ec.
D uluthS.8.& A tl 4 th w k Dec
D u lu th & W inn.. Septem b’r.
E .T enn.V a.& Ga 3d wk Dec.
E lg in . Jol.& E ast Novem ber.
E v a n s & Ind’plib 4th wk D ec
E v a n s. & R ich. 3d w k Dec.
E v a n sv . & T. H. 4th wk Doc
F itc h b u r g ........... O c to b e r ...
F lin t. &P.M arti 3d wk D ec.
F lo re n c e .............. O c to b e r ...
F t. W. & Rio Gr. N ovem ber.
Ga. Car’la & No O c to b e r ...
G eorgia R R ....... N ovem ber.
G eo. So. & FI a . .. November.
G eorget’n<fc W’n October. ..
G r .R a p .& In d ... 3d w k D ec.
C in .R .& F tW . 3d wk D ec.
O ther lin e s ___ 3d wk D ec.
T otal all lines. 3d wk D ec.
Grand T runk__ Wk D oc 24
Chic. & Gr. Tr. Wk D e c .24
D et.G r.H .& M. Wk D ec. 24
G reat N ortlTn—
St. P. M. & M N ovem ber.
E ast, o f Minn N ovem ber.
M ontana Cent N ovem ber.

1892.
2 2 8 ,7 9 3
6 7 9 ,3 7 5
1 7 0 ,013
41,0 2 7
8 9 0 ,4 1 6
81,1 6 4
1 1 ,2 5 0
3 0 .4 3 6
1 ,5 94,559
5 5 5 .7 5 3
2 ,1 5 0 ,3 1 2
50,7 6 1
6,7 4 2
3.6 7 8
24,0 2 5
5 4 .1 4 9
81.431
9 0 ,8 0 5
4 6 .7 0 8
6 0 1 ,0 0 0
2,7 3 2
5,1 0 0
688,521
1 ,1 0 9 ,7 8 6
1 ,3 99,907
7,5 1 4
16,0 0 0
44,8 8 1
1 3 .2 8 2
8,8 4 3
2.127
2 5 5 ,117
2 1 4 ,2 6 8
1 8 7 ,2 1 0
3 ,5 2 2 ,9 0 2
8 7 ,4 0 6
2 5 4 ,7 7 5
9 3 3 ,1 0 0
2 ,8 7 4 .6 5 3
26,2 2 6
1 ,5 3 8 ,1 6 6
1 0 0 ,534
9 6 5 ,3 9 4
4 0 .1 4 9
5.6 7 8
20,317
74,75"*
35.0 7 8
3 1 ,2 2 8
13,807
14.4 3 1
1 6 9 ,301
1,6 2 7
2 1 ,6 0 6
1,115
1 9 ,6 5 0
9 4 .4 3 2
2 8 0 ,0 4 2
32,8 9 9
3 1 ,1 5 8
2 9 7 ,8 2 3
1 5 ,9 7 4
2,5 0 0
1 0 2 ,546
2,715
2 4 1 ,3 0 0
3 6 ,3 3 2
2 4 ,0 3 3
2 2 ,6 0 5
5 0 ,9 2 8
10.1 4 9
123,44-.
7 0 ,9 0 9
9,6 9 5
2,3 6 7
35,874
7 0 2 ,4 3 2
5 7 ,4 5 7
5,0 4 8
15.078
4 2 ,5 0 2
1 4 9 .766
74 ,9 9
3,223
4 8 ,6 9 0
9 ,2 1 6
4.261
62,1 6 7
3 9 5 ,3 7 4
8 3 ,3 4 3
26,264

1891.

J a n . 1 to L a te st Date.
1892.

1891.

$
2 1 8 ,4 7 2
6U 5.193
1 6 8 .5 2 7
4 3 .9 7 5
9 0 7 ,6 9 7
8 0 .1 9 7
1 3 ,3 0 9
3 2 .7 8 9
1 ,5 9 0 ,3 8 7
5 2 8 ,6 2 2
2 ,1 1 9 ,0 0 9
5 3 ,6 3 6
4 ,4 5 3
4,248
2 0 ,8 2 0
4 9 .6 8 3
7 7 ,5 5 4
9 3 ,8 6 9
5 4 ,4 4 6
6 0 3 ,0 0 0
4 ,0 6 2
7 ,3 7 0

$
2 ,4 1 1 ,8 8 4 2 ,3 4 5 ,2 3 7
36,544,017 3 4 ,2 5 7 .1 5 7
8 ,8 2 0 ,2 4 4 8 ,4 3 2 ,8 70
2 ,1 1 1 ,8 1 9 1 .9 9 1 ,9 8 6
4 7 ,4 7 6 ,0 8 3 4 4 ,6 8 2 ,0 1 7
6 7 3 .1 1 2
6 0 0 ,2 6 5

1,221,471
1 ,6 73,863
10.6 7 5
15,277
5 6 .6 7 5
15,5 4 3
12,223
3,5 8 6
2 5 7 ,2 6 9
2 0 1 ,6 2 4
221,100
3 ,5 4 1 ,1 1 0
6 1 ,3 5 7
2 5 4 ,0 4 9
9 7 5 ,7 7 6
2,792,861
2 4 ,9 7 2
1 ,4 82,967
8 8 .6 3 2
8 3 1 ,4 4 5
2 8 ,9 7 4
5,581
19,961
78,4 3 3
4 1 .9 8 4
3 2 ,5 7 4
18,967
1 6 ,8 3 2
1 8 8 ,7 9 5
i
2,1 5 3
2 0 ,8 1 2
973
16,912
7 2 ,4 3 2
2 9 1 ,6 3 3
3 6 ,1 8 5
2 9 .6 3 3
2 8 5 ,7 5 3
15,016
2,650
9 4 ,8 3 4
2,2 8 4
1 8 7 ,900
32.2 4 1
19.9 8 5
19,877
4 7 .2 4 2
5,6 5 2
131,891
6 4 ,7 2 7
9,475
2,0 4 4
32,6 3 1
6 7 4 ,7 4 6
52,1 6 9
5,4 9 4
4 5 ,3 5 4
24,569
159,728
64,579
3,3 8 6
4 4 ,8 2 2
8 ,6 8 0
3 ,6 3 -

1 3 ,0 1 8 ,5 6 4
12,434,711
7 3 ,1 8 6
1 3 5 .4 0 0
4 9 8 ,3 6 5
1 3 5 ,2 1 0
65 ,8 6 5
1 5 ,1 9 2
9 ,5 8 2 ,1 0 4
2 ,0 4 7 ,1 6 8
2 ,0 0 7 ,0 8 1
3 6 ,8 6 8 .1 2 5
4 ,1 9 8 ,0 0 9
2 ,2 9 9 ,0 5 5
3 3 ,3 4 9 ,6 1 2
3 0 .1 0 9 ,3 0 6
1 ,2 7 6 ,1 8 8
18 ,5 0 0 ,8 0 7
4 ,9 5 1 ,9 2 0
8 ,3 6 0 ,8 2 3
1 ,9 6 9 ,5 2 8
64,747
7 0 8 ,3 6 0
4 ,0 9 2 ,7 6 1
1 ,7 3 6 ,4 1 7
1 ,2 8 0 ,3 9 0
5 9 7 ,4 2 5
5 4 5 ,1 8 2
8 ,2 5 2 ,1 7 5
19,0 4 4
2 3 7 ,9 3 1
13,0 2 5
9 7 4 ,341
7 5 2 ,0 9 0
1 4 ,0 0 9 ,4 4 0
1 ,7 05,328
3 0 5 ,3 3 4
3 ,3 7 0 ,0 0 2
7 2 4 ,9 8 4
2 7 ,6 2 6
1 ,1 0 5 ,3 0 0
1 9 5 ,125
9 ,1 9 7 ,2 1 0
3 7 7 ,3 7 8
3 2 4 ,8 9 1
1 ,2 2 0 ,8 1 2
2 ,2 4 0 ,6 2 9
89,4 3 8

2 1 ,067
9 .3 3 3 ,9 6 9
2 ,1 3 6 ,2 3 5
1 ,9 9 8 ,7 8 3
31 .8 2 7 ,897
3 ,6 3 4 ,1 6 2
2 ,1 8 7 ,3 7 9
29 ,8 6 0 ,839
2 6 ,7 2 8 ,255
1 ,1 3 3 ,3 5 1
16 ,8 4 2 ,465
4 ,5 1 6 ,3 3 0
7 ,2 3 2 .9 4 9
1 ,7 0 4 ,9 1 7
6 3 .404
7 2 8 .981
4 ,2 1 0 ,1 6 9
1,870,183
1 ,1 8 6 ,0 0 5
6 6 1 ,175
6 2 1 ,939
8 ,5 4 9 ,4 7 1
19,811
2 2 6 .342
11,596
9 1 6 ,545
6 0 2 .665
1 3 ,524,844
1 ,6 5 4 ,338
3 1 7 ,355
3 ,2 9 3 ,9 2 5
5 9 4 ,777
2 6 ,385
1 ,0 2 3 , >88
1 5 5 ,905
8 .4 8 4 ,4 0 8
3 0 6 .6 6 9
3 9 5 ,5 4 3
1 ,2 1 4 .9 4 4
2 ,1 6 0 .1 1 8
5 4 ,297

7 7 4 ,3 1 9
3 7 4 ,941

6 5 0 ,4 4 5
3 5 4 ,318

5 7 ,1 3 9

3 7 0 ,2 1 1
88,8 1 8
2 4 ,7 3 0

2 8 3 ,3 9 5
2 7 1 .0 7 8
1 8 ,1 4 9 ,6 0 4 1 7 ,5 4 9 ,666
5 ,7 0 8 ,2 5 9 5 ,1 5 3 ,1 7 2
2 3 ,8 5 7 .8 6 3 2 2 ,7 0 2 ,8 3 8
2 ,5 7 0 ,3 5 4 2 ,4 2 5 ,0 4 4
22,368
26,4 0 1
4 6 ,9 1 2
3 7 .8 7 0
1 7 2 ,513
2 0 0 ,0 8 0
1 ,9 0 1 ,6 7 1 1 ,7 7 2 ,9 5 7
3 ,2 0 7 ,0 0 9 2 ,8 0 9 ,3 6 2
4 ,1 3 3 ,4 6 4 3 ,6 8 0 ,6 9 0
7 2 1 .121
7 3 0 ,2 3 8
21 ,3 9 5 ,2 2 3 2 0 ,2 4 1 ,0 9 6
3 7 .088
22,572
5 8 ,9 8 4
5 8 ,2 3 2
1 3 ,0 4 6 .359
14 ,1 0 3 ,671
8 4 ,339
1 4 7 ,682
6 0 9 ,9 3 0
1 2 4 ,0 2 0

86.666

1 ,2 7 9 ,2 3 9 1 ,2 1 2 ,7 8 8
6,258,467! 5 ,8 7 0 ,6 5 1
2 ,784,G 0l| 2 ,8 0 6 ,7 9 2
3JL,397i
3 6 ,295
3 5 1 ,4 6 3
2 9 6 ,653
2 0 6 ,1 6 2
112,736
1 ,3 5 7 ,2 0 5 1 ,6 49,061
6 9 6 ,3 5 8
6 8 4 .707
3 6 ,6 8 7
3 4 ,300
2 ,4 2 5 ,9 0 1 2 ,3 3 1 ,1 9 0
4 3 1 .9 8 5
4 3 8 .879
2 3 4 ,775
2 1 9 ,743
3 .1 3 9 ,3 9 3 2 ,9 8 8 .8 1 2
1 9 ,5 5 2 ,6 4 4 1 9 ,0 5 4 ,625
3 ,6 6 4 ,3 6 3 3 ,6 4 0 ,5 8 6
1 ,1 8 3 ,3 1 6 1 ,1 6 2 ,6 6 7

1 ,6 42,105 1 ,5 8 9 ,1 1 6 12,327,899 1 0 ,4 2 2 ,403
1 8 1 ,315
185,655 1 ,1 7 7 ,1 9 2 1 ,0 6 4 ,1 6 8
1 1 2 ,0 2 9 1 1 1 ,7 2 5 1 ,0 9 5 .2 4 8 1 ,1 7 0 ,3 2 3

Week or Mo

G r.N or.~C on.)—
T ot. s y s te m . N ovem ber.
G .B ayW .& St. P. N ovem ber.
G u lf & C hicago. N ovem ber.
Hoos.Tuu,<fcWil. Septem b’r.
H u m est’n&Shen N ovem ber.
H u tch . & South’u N ovem ber.
I llin o is C entral. O ctober. ..
In d .D ec <fc West. N ovem ber.
In.<fcGt. N orth’u 3d w k D ec.
H n teroc. (M ex.) U k N ov. 26
Io w a C e n tr a l.. 4th w k D ec
Iron R a ilw a y . N ovem ber.
J'k’nv.T .& K .W J u ly ............
K anawlia& M ieb 4 th w k D e c
K au C. Ci. & Sp. 3d w k D ec.
K .O F .8 .& M em . 3d wk D ec.
3dw*k
D ec.
K.
C.Mem.&
B ir.
K a. C. N e v & Ft. 8 October. ..
Kan.C.Wy.&NW N ovem ber.
K eok u k & W est. 3d w k D ec.
L . E rie A ll. & 8o. N ovem ber,
L. E rie & W e st.. itb wit Dec
L eh igh & H u d .. N ovem ber.
L ehigh V a lle y .. O c to b e r ...
L.
Rook A2d
Mwein
k ..Sep.
L ong Isla n d ___ 4th w k D ec
L ouis. & M o.Riv. Septem b’r.
L ouis.E v.& 8t.L . 1th w k D e e
L ouis v. AN asb v. 4th w k D ec
L ouis.N . A.& Oil. 4th wk D ec
L ou .S t.L .& T ex. 4th w k D ee
M an istiq u e......... N ovem ber.
Mar. <fe Nor. Ga. O c to b e r ...
M em phis& Clias. 3d wk D ec.
{M exican Cent. 4th w k D ec
fM ex. N ation al, 4th w k D ec
t M exican R’way Wk D ec. i7
M ilw aukee & N o 4 th w k D e e
M ineral R ange. N ovem ber.
Min neap. &St. L . N ovem ber.
M. St.P . &S.S.M . 3d w k Dec.
Mo. Kan. & T e x .. 4 th w k D e e
M o.Pac. & l ro uM 4th w k D ec
M obile <fe O h io.. D ecem b er.
N ash .C h .& S t.L . N ovem ber
N Jersey & N .Y . O ctober. ..
N ew O rl.& So’n .. N ovem ber.
N.
Y .C .&D
Hecem
.R - ber.
N . Y . L. E & W . N ovem ber
N.Y.Pa.Az O h io.. Sep tem b ’r.
N. Y .& N .E n g ... Sep tem b ’r.
N .Y .& N orth’ ij . . N ovem ber.
N . Y . Out. & W -. 4th wk D ec
N .Y 8usq. & W .. N ovem ber.
N orf. & South’ n N ovem ber.
N orfolk & W est. 4 th w k D ec
N’th e a s t’n (S.C.) O ctober.
N orth’n C entral. N ovem ber.
N orthern P acific 4 th w k Dec
Wis. Ct. L ines. 4th w k D e e
N .P.& VV.Cent, 4 th wk D ec
Ohio & M iss........ N ovem ber.
Ohio R iv e r .......... 3d w k Dec.
Ohio S o u th ern .. D ecem ber.
O m aha & S t. L .. N ovem ber.
Oregon Im p. Co. Sep tem b ’r.
P e n n sy lv a n ia ... N ovem ber.
P eoriaD ec.& E v. 4 th w k D e e
P etersb u rg .......... O ctober. ..
P h iia. & E r ie ... October. ..
P h ila . <fc R ead’g . O c to b e r ...
Coal & Iron Co. O c to b e r ...
T otal both Cos. O c to b e r . ..
L eh igh V alley. O c to b e r ...
P itts. Mar. &Ch. N ovem ber.
P itt.S b en .& L .E . N ovem ber.
P itts. &West. sys 4th w k D ec
Pitt.Y oung.cfeA . N ovem ber.
P t. Roval«& Aug. O ctober ..
Pt.Roy.&W .Car. O c to b e r ...
Pres.& A riz.C en. J u ly ............
Q uincy O & K.O. N ovem ber.
Rich.<fc D an. sys. J u ly ............
R ich. <feP etersb . O c to b e r ...
R io Gr. Sou th’n . 4th w k D e e
R io Gr. W est’n.. 3d wk D ec.
Sag.T uscolaA H . N ovem ber.
St. L. A . &T. II. B ’s 3 d wk D ec.
S t.L .K en ’et&So. Novem ber.
S t.L .S ou th w ’rn. 4 th w k D ee
St. Paul <fe D u l’th N ovem ber.
S .F ran .& N .P ac. 3d w k D ec.
Sandersv.cfe Ten. N ovem ber.
San Ant. <fe A .P . 2d w k D ec.
Sav. A m . <fe Mon. October. ..
S av.F la. <fe West. A u g u st—
S ilv er to u ............. N ovem ber.
S io u x C ity & N o. N ovem ber.
South B ou n d ___ N ovem ber.
Sou th C arolina.. N ovem ber.
So. P acific Co.—
G al.H ar.& S .A N ovem ber.
L ou is’a W est.. N ovem ber.
M orgau’sL&T. N o \ein o er.
N .Y .T . & M ex. N ovem ber.
T ex. & N , O rl.. N ovem ber.
A tla n tic sys.rf. N ovem ber.
P acific sy ste m O ctober. ..
T otal of a ll.. O ctober. ..
O oastD iv(C al.) O ctober. ..
S o u .D iv . (Cal.) O c to b e r ...
A rizon a D iv .. October. ..
N ew M ex.D iv. October. ..
Spar. Un. cfeCo). October. ..
S ta te u Isl. R. T. N ovem ber.
StonyC l.cfecM t.. O ctober. ..
S u m m it B ranch. N ovem ber.
L yk en s V alley N ovem ber.
T ot’i both Co’s N ovem ber.
T
enn.
M idland.. O ctober. ..
,
T ex a s & Pacific. 4 th w k D e e
T
ex.S.
ValifeN.W N ovem ber.
j
Tol. A. A .& N .M . 4 th w k D e e
Tol. Col. *&C in.. 4th w k Oct.
T ol.& O hioC enta 4 th w k D e e
Tol.<fe o .C e n .E x t Sep tem b ’r.

J a n . 1 to L a te s t Date
1892.

1,93 5 ,4 4 9
4 2 ,4 6 9
4 ,9 6 4
3,4 3 7
1 4 ,6 0 0
7,683
1,833,851
3 3 ,043
107.973
3 7 ,8 0 0
4 5 .5 4 2
3 ,6 5 2
40.151
9 ,0 2 2
5 ,0 8 5
9 7 ,9 4 0
2 8 .9 4 7
9,7 4 2
3 0 ,8 7 0
8,165
7,6 9 8
1 2 0 ,7 2 0
4 6 ,8 1 8
1,82 8 ,6 2 6
7 ,6 5 6
5 8 ,7 8 1
5 2 ,5 0 8
5 1 ,8 3 8
5 9 9 .6 2 0
8 0 .9 0 2
19,821
7 20
1 7 ,285
3 5 ,0 5 0
2 3 1 ,2 9 2
16 1 ,2 1 2
5 5 .0 0 0
4 4 .5 4 2
10,280
21 3 .8 8 1
7 7 ,6 6 2
2 9 4 ,3 8 4
9 2 1 ,0 0 0
3 2 1 ,9 3 4
4 2 5 ,0 4 5
2 8 ,2 4 0
19,031
3 ,8 1 5 ,8 9 8
2 ,5 8 3 ,1 4 4
6 6 4 ,5 6 2
4 8 ,2 3 4
8 6 .4 1 9
1 49,819
3 5 ,9 L9
1 5 2 ,9 9 2
4 4 ,7 0 2
623,008
4 8 3 ,1 9 8
15 5 ,5 8 3
63 8 ,7 8 1
3 2 7 ,1 4 4
18,025
8 2 ,8 2 8
4 9 ,9 9 6
34 7 ,0 4 2
6 ,0 1 7 ,2 8 2
2 9 ,190
4 0 ,506
5 8 5 ,2 8 4
2 ,2 4 8 ,2 1 9
2 ,0 7 6 ,8 6 4
4 .3 2 5 .0 8 3
1,82 8 ,6 2 6
3,7 1 6
3 5 ,847
5 6 ,2 5 4
10 1 .5 5 4
2 5 ,0 7 3
3 3 ,9 5 8
13,099
2 2 ,2 3 6
94 7 ,4 3 0
3 0 ,481
22,591
4 2 .000
11,133
3 4 ,4 6 0
3,1 3 6
1 6 8 ,1 0 0
2 11,623
12,980
670
4 0 ,0 6 6
57,131
176,101
1 4 .000
5 5 ,758
21.000
1 2 2 ,9 0 0

1891.

$
J
gt
1 4 ,6 0 0 ,3 3 8 1 2 ,6 5 6 ,8 9 3
6,4 4 2
3 2 ,9 8 1
3 9 ,4 8 5
2,1 5 2
2 8 ,446
17,679
1 6 ,2 7 7
13 3 ,3 0 0
1 5 5 ,9 4 2
5 ,4 6 9
8 6 ,8 5 7
6 7 ,9 6 1
1 ,8 5 9 ,1 8 4 1 5 ,753.405 1 5 ,1 6 2 ,3 4 0
4 0 ,5 7 s
4 4 7 ,9 9 0 |
4 3 6 ,3 5 9
9 7 ,6 4 3 3 ,9 9 4 ,8 2 0 , 3 ,9 6 2 ,1 0 9
3 2 ,8 4 2
4 1 ,8 5 3 1 ,9 2 8 ,2 5 2 1 ,8 0 3 ,8 9 6
2,725
3 3 ,4 3 9
3 1 ,3 6 8
5 0 6 ,8 6 3
3 9 ,8 2 6
4 8 9 ,3 2 2
9,171
3 6 0 .8 4 7
3 2 6 ,3 2 5
4,5 1 9
2 9 7 ,8 9 4
3 1 6 ,7 8 4
9 3 .921 4 ,8 8 8 ,1 5 5 4 ,6 4 4 ,0 9 0
2 7 ,891 1 ,1 0 3 ,9 4 5 1 ,1 7 1 ,4 1 1
6 ,4 3 5
3 1 1 ,8 3 7
3 0 ,0 3 6
2 7 5 ,0 4 6
8,255
4 0 1 ,8 9 2
3 9 4 ,1 8 0
7 5 ,9 0 4
6,698
6 8 ,4 3 5
1 1 1 ,1 5 6 3 ,5 5 7 ,0 6 3 3 ,2 7 3 ,3 5 5
28,661
4 3 5 ,2 9 2
3 7 7 ,5 6 9
1 ,8 0 1 ,7 2 7
15,191
37 2 ,7 5 5
4 3 9 ,0 1 5
5 9 4 32 4 ,2 6 3 ,9 5 1 4 ,1 0 8 ,0 2 6
6 0 .9 2 2
3 4 6 .7 6 0
3 4 6 ,9 2 8
2 2 .1 4 4 1 ,5 5 2 ,2 7 5 1 ,5 0 9 ,5 4 0
5 2 7 ,1 0 6 2 1 ,8 2 0 ,8 4 5 2 0 ,2 4 7 ,5 2 6
6 9 ,0 1 7 3 ,2 8 8 ,7 1 8 2 ,8 4 0 ,6 2 1
2 1 ,2 2 7
6 4 3 .8 0 8
5 2 9 ,4 7 7
3,4 5 9
8 1 ,4 2 5
1 0 8 ,4 0 1
3 5 ,1 4 6 1 ,4 0 5 ,3 1 2 1 ,5 7 2 ,7 3 9
2 1 7 ,2 6 7 7 ,9 1 5 ,8 3 9 7 ,3 7 4 ,5 3 8
1 2 0 ,6 3 . 4 ,6 8 0 ,8 4 4 4 ,2 0 6 ,4 2 3
7 5 ,2 8 6 2 ,9 2 8 ,3 8 4 3 ,8 0 1 ,1 0 9
4 8 ,3 0 0 1 ,7 1 0 ,6 0 7 1 ,7 4 6 ,0 3 0
1 1 9 ,8 1 7
1 3 ,062
1 3 3 ,7 2 3
1 96,147 1 ,8 5 0 ,4 9 9 1 ,6 6 7 ,4 4 2
6 5 ,0 0 8 3 ,1 8 4 ,9 5 4 2 ,4 9 1 ,4 3 8
2 9 1 ,7 4 2 9 ,8 3 8 ,0 7 5 9 ,7 7 5 ,1 2 0
9 4 0 ,0 0 0 2 7 ,6 8 6 .3 1 0 2 5 ,9 1 8 ,1 0 6
3 4 0 ,6 6 3 3 ,3 2 8 ,9 3 0 3 ,5 0 6 ,2 3 3
4 4 0 ,7 0 2 4,70 7 ,1 6 1 4 ,3 0 4 ,7 5 3
2 6 ,678
2 7 1 ,6 7 7
2 4 3 ,6 6 9
127,521
16,290
1 5 4 ,1 4 0
4 ,0 5 0 ,9 7 9 45,590,^ 88 4 4 ,2 6 4 ,0 6 1
2,662,881 28,40 3 ,7 8 S 2 8 .0 4 4 ,0 7 1
6 7 8 ,5 2 9 5 ,3 0 1 .3 1 0 5 ,2 1 1 ,2 4 5
4 ,5 3 9 ,6 3 6 4 ,6 1 9 ,9 3 0
5 2 5 ,3 2 0
4 7 4 ,2 8 9
4i*,68£
7 5 ,4 3 3 3 ,4 5 2 .1 1 5 3 ,0 4 6 ,7 8 7
1 4 3 ,7 9 2 1 ,5 9 5 ,3 6 2 1 ,5 2 1 ,4 9 3
3 9 3 ,0 3 0
1 4 3 ,9 4 7 9 ,8 7 9 ,2 8 7 9 ,1 8 8 ,0 4 2
5 1 1 .4 4 2
5 9 ,7 5 0
6 0 5 ,7 5 9
5 7 5 ,4 6 3 6 ,5 5 4 ,6 7 3 6 ,2 0 6 ,9 7 1
5 5 1 ,6 1 8 2 4 ,7 2 8 .9 7 5 2 4 ,9 5 5 ,4 6 4
1 4 4 ,6 6 9 5 ,8 1 9 ,5 1 9 5 .2 2 8 ,2 2 2
6 9 9 ,2 8 7 3 0 ,5 4 8 ,4 9 4 3 0 ,1 8 3 ,6 8 5
3 2 2 ,2 1 1 3 ,8 2 3 ,6 5 0 -3 ,8 3 9 ,2 8 0
7 7 0 ,0 8 2
6 9 1 ,9 6 4
14,255
6 6 8 ,4 5 7
5 9 0 ,2 4 1
6 0 ,0 3 8
5 2 3 ,6 8 4
4 5 4 ,2 6 2
4 9 ,6 7 8
4 2 6 ,6 3 2 2 ,9 3 5 ,6 2 3 3 ,1 0 4 .6 4 3
5 ,6 9 4 ,7 2 5 6 2 ,9 0 6 ,9 2 0 6 1 ,6 3 0 ,0 1 0
2 3 ,6 5 8
8 7 5 ,8 2 8
8 6 0 ,5 0 9
4 5 4 ,4 4 7
4 0 ,451
4 3 9 ,7 9 9
5 5 0 ,1 1 5 4 ,3 8 5 ,3 0 J 4 ,3 5 3 ,1 7 3
2 ,2 4 6 ,9 1 9 1 9 ,1 0 1 ,5 6 8 1 8 ,2 1 7 ,3 3 4
2 ,6 7 3 ,1 3 3 1 7 ,9 7 0 ,2 9 6 1 7 ,2 8 5 ,4 1 6
4 ,9 2 0 ,0 5 2 3 7 ,0 7 1 ,8 6 5 3 5 ,5 0 2 ,7 5 0
1,80 1 ,7 2 7
4 1 ,0 9 4
3 ,3 3 7
3 6 ,7 1 5
3 0 5 ,1 2 7
3 0 ,1 6 5
36 1 .8 0 9
63, *<-91 2 ,3 9 5 ,1 1 7 2 ,2 8 5 ,3 5 6
1 08.867 1 ,3 4 0 ,5 3 7 1 ,2 0 2 ,9 1 5
1 9 4 .4 4 2
3 0 3 ,3 2 0
29,981
3 6 ,2 8 0
2 2 8 ,7 4 4
3 2 6 ,7 6 7
7 4 ,4 9 6
7 5 ,0 1 6
1 6 ,830
2 2 ,9 5 3
2 4 8 ,9 4 3
2 3 8 ,4 9 9
1,107,020 6 ,9 8 6 ,9 8 6 7 ,7 0 5 ,8 2 9
2 9 7 ,5 9 4
2 7 7 ,8 9 7
27,681
3 0 7 ,1 6 7
1 1 ,8 0 6
6 9 8 ,9 5 9
4 4 ,7 0 0 2 ,5 2 0 ,4 6 1 2 ,5 0 6 ,8 2 5
9 8 ,0 0 0
8,5 3 2
1 14,569
3 1 ,7 7 0 1 ,4 7 7 ,1 2 4 1 ,3 9 5 ,7 6 0
2 2 ,9 3 7
3,2 0 7
3 2 ,3 3 7
1 4 8 ,2 0 0 4 ,6 1 3 ,4 5 6 4 ,5 6 5 ,7 9 7
2 0 0 ,5 7 2 1 ,9 3 8 ,3 8 2 1 ,6 8 8 .4 7 9
8 5 2 ,0 8 4
1 2 .1 5 4
8 4 6 .1 4 1
8,1 0 3
6,2 3 3
528
2 8 ,8 2 8
5 9 .2 6 8
4 3 0 ,4 8 1
4 1 6 ,3 3 8
1 9 1 ,1 2 7
l i 3 ,1 0 7
13,097
9 2 ,9 5 7
4 0 9 .0 3 4
3 7 .2 6 9
4 0 4 ,5 5 9
1 81,763
1 4 2 ,2 6 9 1 ,2 1 8 ,9 1 1 1 ,5 2 2 ,3 7 0

4 6 8 .5 9 0 4 2 5 ,6 8 9
1 7 1 ,6 3 9 4 ,1 3 0 ,6 8 4
1 2 4 ,1 8 7 121,631
9 8 4 ,6 0 6
9 5 6 ,8 0 8
9 9 0 ,9 9 7 5 ,0 8 2 ,9 0 9
7 4 0 ,4 5 5 69 9 ,9 0 3
2 9 ,3 3 0
2 3 2 ,3 0 2
2 1 7 ,0 2 9
2 8 .293
5 3 6 ,7 3 7 1 ,5 2 3 ,3 5 3
1 6 2 ,9 2 9
165,481
1 ,5 4 9 ,8 3 4 1,47 1 ,6 1 6
0 5 0 ,6 4 7 1 2 ,0 1 8 ,0 1 7
3 .4 5 2 .0 8 3 3 ,7 4 5 ,5 6 3 29, 8 97,733 3 0 ,9 7 1 ,1 6 6
4 ,8 6 0 ,9 5 1 5 ,2 3 8 ,6 5 4 40, 3 9 8 .5 4 6 4 1 ,5 4 7 ,5 6 7
196,991 2 2 7 ,0 1 6 1. 8 9 1 ,0 2 5 1 ,9 6 7 ,9 7 5
7 8 5 ,2 6 9 709,874! 6, 6 5 0 ,1 5 3 5 ,6 3 7 ,8 3 3
2 0 3 ,8 4 1 2 2 3 ,7 0 3 1, 6 39,411 1 ,6 8 1 ,4 1 5
8 7 8 ,0 1 6
837,824'
9 5 ,1 8 7 1 0 6 ,5 9 4
1 0 ,994
1 2 ,180
9 3 ,0 4 9
1 1 0 .3 7 4
9 7 1 ,7 0 3
6 5 ,0 4 0
9 9 0 ,9 7 9
7 0 .9 4 8
2,3 3 0
5 5 ,195
5 1 ,2 1 7
3,2 7 9
1 2 3 ,1 5 4 1 0 5 ,6 0 2 1, 2 0 9 ,4 4 6 1 ,1 7 6 ,8 3 2
9 8 5 ,5 7 4
85 9 ,4 2 9
9 0 ,278
82,368'
2 1 3 ,4 3 2 187,970! 2 195,020! 2 ,0 3 6 ,2 5 9
20,239j
2 2 .8 4 0
1 5 7 .5 4 6
16 7 ,9 7 3
2 4 9 ,1 7 6 218,182; 6, 9 1 3 ,5 9 7 7 ,2 2 6 ,4 6 2
5,7 4 7 j
5 ,5 3 6
4 3 ,1 7 4
45.91S
381440
2 5 .8 4 1 1, 2 2 1 ,8 1 3 1 ,0 6 5 ,1 9 0
10,630;
2 8 3 ,3 8 4
2 8 3 ,6 5 0
8,598
5 1 ,0 0 7 1, 9 9 5 ,3 2 8 1 ,8 4 2 ,2 0 5
5 5 ,9 3 7
1 8 ,4 3 4
16,831

THE CHRONICLE.

J anuary 7, 1893.]
R o a d s.

L a te st E a r n in g s R eported.
Week o r Mo

Tol. P. & W e st.. 3d wk D ec.
Tol. St. L.& K. C. 4til w k Dec
T ol. & So Hrpcren, N ovem ber.
U lste r & D e l .. O c to b e r ...
UDion P acific—
Or. S .L .& U .N .! O ctober. ..
Or R y & N.Oo. O ctober. ..
U. P a c .D &G.I ictober. ..
8t. Jo.& G d .Isl. |4tb w k D e c
A ll o th er lin es. O ctober. ..
T ot.U . P.Sj s..O ctober ..
Cent B r.& L .L . O c to b e r ...
Tot. c o n t’led O c to b e r ...
M ontana U n .. October. .
L eav. Top. & 8.; October. ..
M an.A 1.& B ur.'O ctober. ..
J o in tly ow ned O c to b e r ...
Grand to ta l. October. ..
V erm ont V alley N ovem ber.
W a b a sh ................4 tli wk D ec
W est J e rse y ........October.
W .V.C eu.A P itts Novem ber.
W est Va & Pitts. O ctober. ..
W est. M aryland. N ovem ber.
W est. N. Y. & P a 3d wk D ec.
W heel. & L. E rie 4 th w k D e c
Wil. Col. & A u# O ctober. ..
W rightsv.& Ten. N ovem ber.

1882.

18 9 1 .

23,331
62.541
2,003
3 0 ,6 9 3

2 4 ,7 6 9
5 4,847
1,896
3 3 ,6 1 4

J a n . 1 to L a te st Date.
1892.

18 9 1.

$

$
9 6 7 ,8 0 2
2 ,1 8 6 .1 2 0
2 4 ,1 2 0
3 6 3 ,4 8 2

6 8 0 ,6 50 6 8 4 ,7 3 5 5 . 9 7 2 ,6 4 8
6 7 5 ,5 1 0 6 7 4 ,9 8 7 3 9 1 3 ,8 9 2
5 6 0 ,2 0 9
6 0 0 ,7 3 1 ' 4 '8 3 3 .3 8 4
2 7 ,5 0 0
4 0 ,5 5 5 1 2 6 0 .3 5 0
2 ,4 3 2 ,9 2 6 5 1 7 ,1 0 2 19 ,720,522
4 ,4 9 3 ,2 6 9 5 7 8 ,2 4 6 3 ^',469,591
104,541! 1 ,117,748
1 3 9 ,6 9 5
4 ,6 3 2 ,9 6 4 ,6 8 2,787 3 6 ,,587,339
9 0 ,2 0 7
5 5 .1 5 0
9 0 1 ,1 6 5
2 .3 5 3
2,7 4 5
2 7 ,9 4 6
4 ,5 1 0
4 ,5 0 4
3 4 ,1 0 1
9 7 ,1 0 0
6 2 ,4 9 0
9 6 6 ,2 1 2
4 ,6 8 1 ,5 1 4 4,,714,031 37.,0 7 0 ,4 1 5
1 6 ,3 8 8
1 5 ,3 3 5
18K.023
3 7 3 ,6 0 0 4 5 7 .2 0 0
,1 5 7 ,6 0 9
1 4 0 ,5 8 8 126,531
,4 9 4 ,9 1 6
9 6 ,6 1 2
9 4 ,2 7 9
,0 0 3 ,3 1 2
3 8 ,7 1 6
2 4 ,0 4 5
2 8 6 ,9 4 0
8 6 ,7 2 7
7 1 ,4 3 5
7 1 ,4 0 0
7 1 ,7 0 0
,4 4 8 ,6 6 7
3 7 ,6 =>6
3 5 ,5 3 8
,4 3 9 ,1 7 1
8 3 ,8 5 0
9 5 ,8 6 0
6 5 2 ,8 4 8
6,200
5 ,8 9 0
6 3 ,4 8 9

9 5 3 ,5 1 4
1 ,9 7 9 ,6 7 4
2 5 ,0 7 6
3 3 2 ,2 8 4
6 ,3 0 6 ,6 3 3
4 ,7 0 1 ,2 2 3
4 ,7 3 2 ,0 3 7
9 8 3 ,6 6 2
1 8 ,4 3 0 ,7 1 2
3 4 ,8 8 7 ,6 5 5
6 6 8 ,3 4 8
3 5 ,5 5 6 ,0 0 4
58*%193
2 5 ,2 0 4
3 5 ,1 5 5
6 4 6 ,8 5 2
3 5 ,8 7 9 ,4 2 9
1 7 3 ,8 6 5
1 3 ,9 5 1 ,1 8 2
1 ,4 3 7 ,3 8 5
1 ,0 1 6 ,2 3 8
1 6 0 ,921

41

Not Earnings Monthly to Latest Dates.-T h e table fol­
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthlyreturns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the C h r o n i c l e of December 17. The next will appear ili
the issue of January 21.

'-----Gross E a rn ln rjs------ -------K el E a r n in g s .----- s
18 9 2 .
1891.
1892.
1391.
R oads.
A t. T. & S. F e S y g .b .N o v . 3 ,5 6 6 ,1 3 7 3 ,3 0 7 ,0 3 2 1 ,2 7 3 ,1 0 1 1 .1 1 1 ,5 0 2
J ail. 1 to N ov. 3 0 ....3 4 ,4 2 2 ,2 6 5 3 2 ,1 1 7 ,7 2 4 10 ,8 0 5 ,5 5 8 1 0 ,044,709
J u ly 1 to N ov. 3 0 . . . . 1 7 , 4 7 3 ,9 0 4 1 6 ,3 9 9 ,3 1 3 6 ,0 0 0 ,0 8 4 5 ,5 9 8 ,0 7 1
S t.L .& S a n F r.S y s.b N o v .
8 1 2 ,6 3 6
8 2 7 ,7 2 0
2 5 7 ,5 2 4
3 4 5 ,2 7 1
J a n . 1 to N ov. 3 0 . . . .
8 ,2 9 3 ,7 0 7 7 ,9 1 7 ,5 3 1 3,097,3W 7 2,8 0 ,2 4 3
J u ly 1 to N ov. 3 0 ___ 4 ,3 1 9 ,1 9 8 4 .0 5 0 ,4 9 4 1 ,7 6 1 ,5 2 9 1 ,6 8 0 ,9 4 0
Colorado M id .lt ....N o v .
1 7 6 ,1 3 8
1 7 1 ,5 1 5
3 0 ,1 3 2
5 0 .0 9 0
J a u 1 to N ov. 3 0 . . . .
1 ,9 9 6 ,9 9 3 1 ,8 6 3 ,3 6 5
4 6 7 .0 7 4
4 7 6 .5 1 3
J u ly 1 to N ov. 3 0 . . . .
9 5 7 ,7 2 8 8 8 0 ,5 1 0
1 9 1 ,0 6 1
2 3 2 ,8 3 9
A g g r eg a te T o ta l.b N o v . 4 ,5 5 4 ,9 0 1 4 ,3 0 6 ,9 1 8 1 ,5 6 0 ,7 6 0 1 ,5 0 9 ,9 3 0
J a n . I to N ov. 8 0 ..- .4 4 ,7 1 3 ,0 5 5 4 1 ,903,021 1 4 ,3 7 0 ,0 1 9 1 3 ,8 7 1 .5 5 8
J u lv 1 to N ov. 3 0 ....2 2 ,7 5 0 ,8 2 9 2 1 ,3 3 0 ,3 1 7 8 ,0 5 1 .6 7 6 7 ,5 1 2 ,1 6 0
8 5 .3 9 2
Buff. R. & P i t t s . ,.b . N ov.
2 8 2 ,9 1 3
2 2 5 ,9 8 2
5 9 ,4 3 5
3 ,5 6 0 ,8 0 0
8 3 0 ,0 1 2
8 8 7 ,7 0 2
Jan . 1 to N ov. 3 0 . . . . 2 ,9 5 2 ,6 9 7 2 ,5 6 8 ,9 4 7
1 ,2 9 4 ,3 7 2
4 5 0 ,0 4 6
Ju ly 1 to N ov. 3 0 . . . . 1 ,1 4 6 ,6 7 3 1 ,2 5 3 ,2 2 1
4 1 1 .1 8 0
7 7 3 .9 0 2 C ent, o f N ew J e r s ..a N o v . 1 ,1 0 9 .7 8 6 1 ,2 2 1 ,4 7 1
4 1 8 ,6 2 2
5 1 9 ,3 1 6
7 8 ,7 0 9
J a u . 1 to N ot . 3 0 ....1 3 ,0 ^ 8 ,5 6 4 .1 3 ,0 4 6 ,3 5 9 5 ,3 8 4 ,8 6 4 5 ,5 8 4 ,2 4 5
27 1 ,0 4 1
8 6 3 ,7 5 4
21 1 .5 7 8
* F igu res c o v er o n ly th a t p art o f m ilea g e lo c a te d in S o u th C arolina* C hesau eak e& O liio a N ov. 8 3 0 ,1 6 2
Ja n . 1 to N ov. 3 0 . . . . 8 ,7 5 3 ,4 4 9 8 ,5 0 7 ,0 3 1 2 .5 0 6 ,2 3 5 2 .1 1 7 ,2 29
fE a r n in g s g iv e n are o n w h o le J a c k s o n v ille S o u th e a ster n S y s te m
J u ly 1 to N ov. 3 0
4 ,5 5 0 ,8 7 5 4 ,4 9 1 ,5 8 8 1 ,5 3 6 ,4 6 5 1 ,2 2 5 ,5 7 1
d In c lu d e s e a ru iu g s from ferries, e tc ., n o t g iv e n sep a r a te ly . JM exicau Chic. B ur. & N o r .b .. N ov.
221,100
1 0 1 ,7 2 6
1 8 7 .2 1 0
6 8 ,0 4 5
ourrencv.
a Tol. Col. & Cin. in c lu d e d for th e w eek and s in c e J a n . 1 in
7 0 6 ,3 9 7
8 0 7 ,7 8 9
Jan. I to N ov. 3 0 ___ 2 ,0 0 7 ,0 8 1 1 ,9 9 8 ,7 8 3
b o th years.
7 4 1 ,5 1 4
4 1 6 ,4 7 9
347,042
D en. & R. G r a n g e .b .N o v .
8 1 8 ,6 9 8
Jan. 1 to N ov. 3 0 ___ 8 ,4 1 8 ,5 1 0 7 ,8 2 1 ,7 1 8 3 ,5 8 9 ,9 6 6 2 ,9 1 0 ,2 3 2
J u ly I to N ov. 3 0 . . . . 4 ,2 0 5 ,9 8 3 3 ,9 5 5 ,7 3 0 1 .8 8 1 .8 1 5 1 ,7 1 3 ,0 7 2
Latest Gross Earnings by Weeks.—The latest weekly
1 2 ,263
B a y W & 3 t.P .N o v .
4 2 ,4 6 9
..............
earnings in the foregoing table are separately summed up as G reen
4 7 ,3 2 0
A ug. 1 to N ov. 3 0 ........................... .
..............
23,099
follow s:
772, *01
L ou isv. & N a s h v .b .. N ov. 1 ,9 5 6 ,6 0 9 1 ,8 2 1 ,0 4 3
6 2 9 ,6 8 5
Jan . I to N ov. 3 0 . . . .1 9 ,8 2 3 ,5 8 0 1 8 ,4 5 6 ,3 7 5 7 ,0 4 1 ,8 7 L 6 ,775,086
Only 39 roads have as yet reported their figures for the
J u ly 1 to N ov. 3 0 . . . 9 ,6 5 4 ,0 3 2 9 ,2 7 0 ,0 2 2 3 ,6 1 0 .7 3 3 3 ,4 0 0 ,5 7 1
fourth week of December, and these show 2*31 per cent gain M exican C e n tr a l___N o v . 7 1 9 ,2 6 0
3 0 1 .5 7 4
2 4 7 ,9 6 5
e 5 4,957
Jan . 1 to N ov. 3 0 . . . . 7 ,2 1 2 ,5 6 6 C,7 0 1 ,8 0 3 2 ,6 5 6 ,6 0 5 2 ,3 9 6 ,3 1 1
in the aggregate.
19 6 ,1 4 7
1 00,446
M inn. & St L o u is ..a .N o v .
2 0 6 ,2 5 1
9 6 ,3 6 8
7 0 6 ,9 4 2
6 3 1 ,4 6 5
Jan . 1 to Nov. 3 0 ___ 1 .8 4 2 .8 6 9 1 ,6 6 7 ,4 4 2
3
7
2
,1
1
6
4 0 1 ,6 1 9
9
2
2
,3
5
6
J
u
ly
1
to
N
o
v
.
3
0
----9
3
5
,5
9
6
4 th w eek o f December
« 18 9 2 .
In c rea se . 1 Decrease.
18 9 1 .
1 3 ,163
N orfolk & S ou th ’ll.b N o v .
3 5 ,9 1 9
1
4
3
,5
2
1
3
9
3
,0
3
0
Jan. 1 to N oy. 3 0 ___
$
$
$
$
B rook lyn E le v a te d ............
5 4 ,1 4 9
4 9 ,6 8 3
4 ,4 6 6
3 0 7 ,1 0 2
8 3 6 ,9 6 4
2 2 3 ,4 6 9
N orfolk & W est’n .a .N ov.
8 6 9 ,7 1 6
B uffalo Koch. <fe P itis b ...
8 1 .4 3 1
7 7 ,5 5 4
3 ,8 7 7
J a n . 1 to N ov. 3 0 ___ 9 .0 4 8 .8 7 0 8 ,3 9 6 ,2 8 8 2 .6 9 4 .8 1 6 2 ,9 0 5 ,7 0 3
C anadian P a cific................
6 0 1 ,0 0 0
2 ,0 0 0
6 0 3 ,0 0 0
8 0 ,4 2 3
1 9 3 ,5 5 6
6 5 ,6 8 6
2 2 3 ,2 1 6
C hesapeake & O h io..........
2,1 5 2 R io G rande W e s t .b .. N ov.
2 5 5 ,1 1 7
2 5 7 .2 6 9
8 8 8 ,1 4 5
8 4 6 ,3 5 9
Jan . 1 to N o v . 3 0 ---- 2 ,3 9 7 ,9 6 1 2 ,3 7 3 ,3 2 5
C hicaao & East, IlLinois..
8 7 ,4 0 0
6 1 .3 5 8
2 6 ,0 4 8
5
0 2 ,3 0 2
4
6
0
,6
3
2
1,200,071
1
,2
2
6
,8
4
3
J
u
ly
1
to
N
ov.
3
0
.
.
.
C hicago M ilw. & St. Paul.
9 3 3 .1 0 0
4 2 ,6 7 6
9 7 5 ,7 7 6
Cin. J a c k so n & M ackinaw
2 0 .3 1 7
19.961
356
Sou th ern P acific Co.—
0
1 5 .6 9 5
6 6 7 ,3 1 3
D e n v e r & Rio G r a n d e ...
2 4 1 ,3 0 0
Tot. A tlan . s y s . .b .N o v . 1 ,5 4 9 ,8 3 4 1 ,4 7 1 ,6 1 6
1 8 7 .9 0 0
5 3 ,4 0 0
D ulu th S. S. & A tla n tic ...
Jan . 1 to N ov. 3 0 ....1 2 ,0 5 0 ,6 4 7 1 2 ,0 4 8 ,0 1 7 3 ,3 1 1 ,4 8 5 3 ,5 3 0 .9 7 7
5 0 ,9 2 8
4 7 ,2 4 2
3 ,6 8 6
E v a n sv . & In d ia n a p o lis..
9 ,6 9 5
9 ,4 7 5
220
E v a n sv . & T erre H a u te.
3 5 ,8 7 4
3 2 ,6 3 1
3 ,2 4 3
a N e t e arn in gs h ere g iv e n are a fter d ed u ctin g ta x e s ,
Io w a C entral. ...................
4 5 ,5 4 2
4 1 ,3 5 3
3 ,6 8 9
b N et e a rn in g s h e r e g iv e n are b efore d e d u ctin g ta x e s.
K an aw h a & M ich ig a n ___
9 ,0 2 2
149
9 ,1 7 1
L ong Isla n d .........................
5 8 ,7 8 1
5 9 ,4 3 2
651
In terest Charges and Surplns. —The following roads, in
L ake E rie & W estern___
1 2 0 ,7 2 0
9 ,5 6 4
1 1 1 ,1 5 6
L ou isv E v a n sv . & St. L ..
5 1 ,8 3 8
2 2 ,1 4 4
2 9 ,6 9 4
addition to their gross and net earnings given above, also
L o u isv ille & N a s h v ille ...
5 9 9 ,6 2 0
7 2 ,5 1 4
5 2 7 .1 0 6
report charges for interest, &c., with the surplus or deficit
L ouisv. N . A. & C h icago.
8 0 ,9 0 2
6 9 ,0 1 7
1 1 ,8 8 5
L o u isv ille St. L. & T e x a s .
19,821
2 1 ,2 2 7
1,406 above or below those charges.
M exioau C en tra l................
2 3 1 ,2 9 2
2 1 7 .2 6 7
1 4 ,0 2 5
/—ln te r ’t. r e n ta ls , <C-c.~^ r -B a l. o f X e t E a r n s *
M exican N a tio n a l.............
1.61,212
1 2 0 ,6 3 4
4 0 ,5 7 8
18 9 2 .
1891.
1892.
1891.
M ilw aukee & N o r th e r n ..
44,5 4 2
4 8 ,3 0 0
3,758
$
$
$
$
H
oads.
Mo. K ansas & T e x a s ........
2 9 4 ,3 8 4
2
,6
4
2
2 9 1 ,7 4 2
8 5 0 .0 0 0
8 5 0 ,0 0 0
1493,104
(3 30,562
Mo. P acific & R o n Mb___
9 2 1 ,0 0 0
94* ,0 0 0
1 9 ,0 0 0 A toh. T. & S. Fe Sys.N ov.
4
.2
5
0
.0
0
0
4
,2
5
0
,0
0
0
1
2
,221,084
11
,7
2
3 ,6 7 4
J
u
ly
1
to
N
o
v
.
3
0
—
N ew Y ork Ont. & W est.
86.4L9
7 5 ,4 3 3
1 0 ,9 8 6
N orfolk & W estern ___
1 5 2 ,9 9 2
4 4 3 ,9 4 7
9 ,0 4 5
2 7 5 .0 0 0
2 7 5 ,0 0 0 (le f.1 7 ,4 7 0
7 0 ,2 7 1
S t. L. & S . F . S y s :.N o v .
N orthern P a c ific ...........
7 1 ,4 2 0
4 8 3 ,1 9 8
3 3--------6 ,5 2 9
3 0 5 ,9 4 6
5 5 4 ,6 1 8
J u ly 1 to N ov. 3 0 .. 1 .3 7 5 .0 0 0 1‘ .3‘ 7 5 .0' 0 0‘
W isconsin C e n tr a l..
1 5 5 ,5 8 3
1 4 4 ,6 6 9
1 0 ,9 1 4
6 7 ,0 0 0 d e f.3 3 ,8 6 8 d e f 16.904
6 9 ,0 0 0
C olorado M id lan d .N ov.
P eoria D ec. & E v a n s v ...
2 9 ,1 9 0
5 ,5 3 2
2 3 ,6 5 8
3 3 5 ,0 0 0 df. 1 50,936 df. 1 0 2 .1 6 0
3
4
5
.0
0
0
J
u
ly
1
to
N
ov.
3
0
..
P ittsb u rg & W e ster n ___
5 6 ,2 5 1
7,0 3 7
6 3 ,2 9 1
1441,760
139 2 ,9 3 0
A g g reg a te t o t a l__ N ov. 1 ,1 9 4 ,0 0 0 1 .1 9 2 .0 0 0
Rio G rande S o u th e r n ...
2 2 ,5 9 1
1 1 .8 0 6
1 0 ,7 8 5
J u ly 1 to N ov. 3 0 . . 5 ,9 7 0 ,0 0 0 5 .9 6 0 .0 0 0 12,456,676 11,927,160
St. Josep h &, Gd. Islan d
2 7 ,5 0 0
1 3 ,055
4 0 ,5 5 5
St. L. & S o u th w e s t e r n ...
2 4 3 ,5 2 2
1 83,221
1 0 3 ,5 2 0
1 6 3 ,1 0 0
1 9 ,9 0 0
14 8,200
D en y. & R io G rande.N ov.
2 3 3 ,2 5 8
T ex a s & P a cific___
2 4 9 ,1 7 6
7 5 3 ,0 8 7
5 1 7 ,2 4 8
2 1 8 .1 8 1
3 0 ,9 9 5
J u ly 1 to N ov. 3 0 . . . . 1 ,1 2 8 ,7 2 8 1 ,1 9 5 ,8 2 4
Tol. A nn A . & N. M
3 8 ,4 4 0
2 5 ,8 4 1
1 2 ,5 9 9
T oledo & Ohio C e n tr a l...
5 5 ,9 3 7
5 1 ,0 0 7
4,9 3 0
t In c lu d in g m isc ella n e o u s Incom e.
T oledo St. L. & Kan
6 2 ,5 4 1
7 ,6 9 4
5 4,^ 47
W abash.......................
3 7 3 ,6 0 0
8 3 ,600
4 5 7 ,2 0 0
3 7 ,6 5 6
3 5 ,5 3 8
•2,118
T otal (39 road s).

7 ,0 0 8 ,1 7 0 6 ,8 4 0 ,6 8 9
.............. >
..............

4 0 5 ,3 8 5
1 5 8 ,4 8 1

2 4 6 ,9 0 4

Central Vermont Railroad.

For the month of December 53 roads (all that have furnished
statements as yet) show aggregate results as follows :
M o n th o f D ecember.

1892.

1891.

$
G ross e arn in g s (52 roads) 3 0 ,9 9 6 ,101 3 0 ,2 5 9 ,7 6 6

In crea se.
$
7 3 6 ,3 3 8

Per C ent.
2*43

For t h e third week of December, the final statement covers
81 roads, and shows 1'94 per cent gain.
3 d w eek o f D ecem ber.
P r e v io u sly r ep ’d (7 2 r’da)
B rook lyn E le v a te d ............
C hicago Peoria & St. L ...
C leve, A kron & C olum bus
C urrent R iv e r .....................
K ansas C. Mem. & B irm .
M exican R a ilw a y ..............
Ohio R iver............................
San F rancisco & No. Pac.
W estern N . Y. & P e n n ...
T otal (81 r o a d s)..............
N et in c r e a se ( 1 9 4 p. e.)

18 9 2 .
$
7 ,9 0 7 ,2 2 3
3 9 .3 8 8
2 6 ,2 2 6
1 9 ,6 5 0
2,7 1 5
2 8 ,9 4 7
5 5 .0 0 0
18,0 2 5
1 2 ,9 8 0
7 1 ,4 0 0
8 ,1 8 1 ,5 5 1

18 9 1 .

In crea se.

$
7 ,7 4 4 ,4 9 7
3 6 ,1 0 6
2 4 ,9 7 2
16 ,9 1 2
2 .2 8 4
2 7 .8 9 1
7 5 ,2 8 6
1 4 ,2 5 5
12,1 5 4
7 1 ,7 0 0

$
3 7 1 ,3 7 3
3 ,2 8 2
1,2 5 4
2,7 3 8
431
1,056

8 ,0 2 6 ,0 5 7

3 8 4 ,7 3 0
1 5 5 ,4 9 7

3 ,7 7 0
826

A N N U A L R E PO R T S.

Decrease.
$
2 0 8 ,6 4 7

2 0 ,2 3 6
300
2 2 9 ,2 3 3

{ F o r th e y e a r e n d in g J u n e 30,1892.^

There has been no railroad company in the United States
whose financial affairs were more difficult to get at clearly
than this one. Very little information has been furnish, d
and the company has been an enigma in the field of railroad
statistics. The present report is for the year ending June oO,
but contains no balance sheet. President E. C. Smith re­
marks in his report:
“ Pursuant to the legislation obtained at the session of the
Legislature of Vermont in 1890, the Vermont. & Canada and
Montpelier & White River Railroads and Consolidated Rail­
road of Vermont have been merged into the Central \ ermont,
so that the latter company is now the owner of the fee of the
foregoing roads, subject to whatever liens existed on too
several properties at Ihe time the merger was effected. June,
1893. The action of the company in consolidating as abave
has been ratified and confirmed by a special act t the L - . lature at its last session. It is now proposed to l^sue a tour
per cent consolidated mortgage of fifteen millions on not on \
the fee of this company, but upon the equity in the leases
and certain other persona! property belonging to tin- com­
pany, and to lodge sufficient of the new bonds wi h t.i
trustee to protect all the underlying securi-ies and liens, an,
leave a balance of a little over four millions of dollars wit

42

THE CHRONICLE.

[V ol. LVI.

Swann, of New York, and J. B. Holst. W. S. Tison and L. T,
Turner, of Savannah. The last three are new members.
The Security Trust Co. is paying the January coupons on
the Port Royal & Augusta firsts and generals. Default has
been made on the Augusta & Knoxville, Columbus & Western,
Columbus & Rome, Rome & Carrollton, Montgomery & Eufaula and the Ocean Steamship Co.
Chicago Milwaukee & St. Paul.—The New York STt-rasays :
INCOME ACCOUNT.
“ As illustrating the apathy of security holders in regard to
RECEIPTS AXD EXPENSES.
N e t E a rn in g s...................$ 1 ,6 6 4 ,8 9 5
their interests, it may be noted that of the §5,000,000 St. Paul
R eceip ts—
D e d u ct—
.
___ _
P a s s e n g e r s ...... ........ - — $ 1 ,4 5 0 ,0 3 9
T a x e s _______ _. . . _____ $ 1 2 0 ,5 8 9 bonds LaCrosse division 7s that fell due Jan. 1, a consider­
M a i l s . . . .....................
1 0 1 ,2 7 1
_7,751 able proportion were not converted into preferred stock. The
E x p r e s s _____. . . . ------ 6 3 ,5 4 6 I n t.o n F d . D e b ts . S.& C .
lu t .o n C o n s.C o u p o n s..
3 5 0 ,0 0 0 holders had the privilege of converting these bonds into pre­
F r e ig h t..................... 3 ,2 5 1 ,6 8 1
Int.
on
F
lo
a
tin
g
D
e
b
t..
8 9 ,767
L ake S tea m er s......
4 2 5 ,1 5 7
R en ts o f L eased LiDes.
8 8 1 ,2 9 4 ferred stock any time within ten days after a dividend pay­
Sou nd S tea m ers...
1 4 2 ,9 4 8
N
et
E
a
rn
in
g
s
O.
T.
C
o
..
80,551 ment on the stock, and the privilege was therefore worth
O ther S o u rc e s......
1 5 ,9 3 6
something more than 20 per cent ; yet within the past week
$
1
,5
2
9 ,9 5 5
$ 5 ,4 5 0 ,5 8 2
large amounts have been presented for redemption at par in
B a la n ce su r p lu s—
$ 1 3 4 ,9 4 0
E x p e n d itu r e s —
cash.”
To E x ce p tio n a l E x p e n ­
M ain ten an ce W ay. $ 4 9 4 ,6 3 3
d itu res for Im p’rueats
1 1 1,749
E quipm 'nt
4 3 2 ,5 1 5
Decatur Chesapeake & N. O.—This railroad was sold Jan. 2
T ra n sp o rta tio n ..... 2 ,0 0 7 ,9 1 8
B a la n c e .......................
$ 2 3,191 under decree of the Federal Court by Clerk Doak, in Nashville.
G eneral E x p e n s e s ..........
3 6 5 ,3 2 5
L ake S tea m ers......
3 4 1 ,6 0 6
Granville P. Hawes, of New York, on behalf of the Organ­
Sound S tea m er s..
1 4 3 ,6 8 8
ization Committee, bid the road in for §100,000. It is reported
that work will be begun after the confirmation of the sale to
$ 3 ,7 8 5 ,6 8 7
N e t R e v e n u e ................ $ 1 ,6 6 1 ,8 9 5
put the road in running order from Shelbyville, Tenn., to De­
catur, Ala.
Denver & Rio Grande.—The directors have resumed the
G EN ER AL IN V E S T M E N T N E W S .
payment of dividends on the preferred stock by declaring 1
per cent, payable Feb. 20. The company is practically free
Brooklyn City Railroad.—An official announcement has ir m floating debt, and has earned the past six months much
been made that the Brooklyn City Railroad, which operates more than sufficient to pay the dividend and leave a hand­
most of the surface lines in Brooklyn, is to he leased to a syn­ some surplus. The business of the road is now large, and Ps
dicate represented by the New York Guaranty & Indemnity local traffic is telling well. The directors thought it best in
Company on a guaranty of 10 per cent dividends to the stock­ this case, after two years’ suspension of dividends, to simply
holders of the Brooklyn Company. A deposit of $4,000,000 declare 1 per cent, without stating it to'be a quarterly divi­
will be made to guarantee the carrying out of the terms of dend, but it is known to be their policy’to pay hereafter at
the lease. The lessee is to pay and discharge all fixed charges 4 per cent, probably in quarterly dividends of 1 per cent.
of the Brooklyn company, including interest on bonded debt
Georgia Midland & Gulf.—The bondholders have prac­
and all taxes and assessments and license fees and office
expenses. The syndicate is to give to the stockholders of the tically all assented to exchange the bonds for a new one
Brooklyn City Railroad Company the right to purchase three carrying four per cent, receiving for the concession a $500 in­
shares "of the Traction Company’s stock of the par value of come four per cent bond for each $1,000 bond so exchanged.
$100 each for every ten shares of the par value of $10 each The interest due January first has not yet been pa’d.
Great Northern.—A dispatch from Seattle, Wash., Jan. 5,
held by the slockholders of the Brooklyn City Railroad Com­
pany at the date of llie delivery of the lease, at $15 ppr share ; said: “ The last spike on the Great Northern R rilrnd was
when the holdings of any stockholder of the City Company driven to-day in the Cascade Mountains, and train service will
shall be less than 10 shares he shall be entitled to his propor­ be commenced between Spokane and Seattle next week.”
tionate share of Traction Company stock in scrip. The capi­
Lehigh & W ilkesharre—P hiladelphia & Rea lin g.—It
tal stock, to begin with, will be fixed at $30,000,000, and this has been announced that the Lehigh & Wilkesbrrre Coal
arrangement will place in the hands of the stockholders of the Company, which lias the handling of the coal sales for the
Brooklyn City Railroad Company nine-tenths of the capital of Central Railroad of New Jersey, would sell its coal independ­
the Traction Company. The remaining one-tenth will be ently after January 1 1893. This step is taken in deference to
allotted to the members of the syndicate. The names of the the orders of the New Jersey courts, which compelled the
members of the syndicate are not given. The surplus at the New Jersey Central Railroad to resume the operation of its
time of the delivery of the lease is to be divided among the own road. The Lehigh & Wilkesharre has heretofore been sub­
stockholders, and the right to purchase stock in the new com­ ject to the direction of the Philadelphia & Reading, under the
pany will remain open for sixty days after the lease has been lease that was made in February last. It is desired by the
perfected. At a meeting of the board of directors it was managers of the Jersey Central that there shall be no ground
unanimously decided to recommend the acceptance of this for litigation that could po.-sibly imply its disobedience to the
plan by the stockholders.
orders of the Jersey courts. In order to prevent attacks on
Brooklyn Elevated.—The annual meeting of the stock­ the coal combination, the Lehigh & Wilkesharre Cjal Com­
holders of the Brooklyn Elevated RR. Co. was held this week pany makes a formal separation from all connection with the
and the old board of directors was re-elected, with the ex­ Reading.
ception of Ernst Thalman, whose place was taken by Elbert
Long Island—Prospect Park & Coney Island.—A special
Snedeker. The board organized by electing these officers: meeting of stockholders of the Long Island Railroad Company
President, Adolf Ladenburg; Vice-President, Anthony Barrett; has been called for Jan. 24 to ratify the agreement of the
Secretary and Treasurer, Elbert Snedeker. Executive Com­ directors for the acquisition of the Prospect Park & Coney
mittee : Frederick Uhlmann, Simon Rothschild and A. J. Har- Island Railroad. President Corbin sent out the following
denberg. The Treasurer’s statement showed that the number notice to stockholders :
of passengers carried during 1892 was 37,313,180; gross earn­
“The directors of this company have unanimously resolved
ings, $1,901,671 77; operating expenses, $1,072,526 26; fixed to acquire control of the stock of the Prospect Park & Coney
charges and taxes, $711,089 50, leaving a surplus of $118,055 92. Island Railroad Company, and a contract has been entered
Called Bonds.—The following bonds have been called for into to this end, which, under the law, requires the ratifica­
tion of the stockholders. The tracks of the Prospect Park &
payment:
Coney Island Railroad cross the lines of this company at ParkC h a r l o t t e v i l l e & R a p i d an R.R. Bonds : Nos. 91, 150, 203, ville, and the terms of the agreement are regarded by the
206, 226 and 245 for SI,000 each ; Nos. 308, 380, 428, 540, 620, directors as especially favorable to the Long Island Railroad
646 and 693 for $500 each, and No. 783 for $100, will be paid on Company.”
demand at office of Philadelphia Trust S. D. & Ins. Co.,
Missouri Kansas & Texas—Pullm an’s Palace Car Co.—At
Philadelphia.
Topeka, Kan., Jan. 5, Judge Riner’s decision in the case in the
St. Loris & S a n F r a n c i s c o Equipment 7’s of 1880 : Nos. United States Circuit Court, Pullman Company against the
44, 86, 134, 143, 168, 188, 193, 205, 233, 243, 270, 308, 309 , 330, Missouri Kansas & Texas Railroad, was made public. The
466, 478, 494, 501, 524, 535, 544, 547, 594,603, 606, 611, 612, 621. injunction asked by the Pullman Company is denied and the
631, 639, 687, 688, 700, 721, 756, 797, 876, 877, 879, 960 will be restraining order is dissolved. This permits the railroad to
use Wagner or any other sleeping cars for which it may con­
paid on June 1, 1893.
tract.
N o r t h e r n P a c i f i c — 224 Pend d’Oreille Division bonds for
National Lead.—President Thompson, of the National Lead
$1,000 each have been drawn for payment March 1. The
numbers and full particulars are given in the advertisement in Company, says, in regard to the proposed consolidation of the
National Lead and National Linseed Oil companies, that “ it
another column,
has been determined to postpone all consideration of the mat­
U n i o n P a c i f i c — 162 O m a h a B r i d g e B o n d s have been called ter until after the annual meetings of the two companies,
for payment April 1, 1893, at the office of Messrs. Drexel, which are to be held during the third week in February.”
Morgan & Co., New York, or the London & San Francisco
New York New Haven & Hartford.—The board of directors
Bank, Limited, London. The numbers will be furnished on offers for sale 13,323 shares of its stock now in the treasury to
application to the officers.
the highest bidder. Proposals will be received until 11 A.'M.
Central o f Georgia.—At the annual election of directors in Jan. 14. This stock will be entitled to the dividends payable
Savannah the following were elected : H. M, Comer, A. Vets- after the date named, and holders will be entitled to subscribe
burg, Joseph Hull, G. J, Mills, H. R. Jackson, of Savannah ; during March for the convertible debenture certificates.
C. H. Phinizy, of Augusta ; S. R. Jaques, of Macon; E. B.
Oregon Improvement.—In regard to the proposition ta&
Howell, of Atlanta; U, B, Harrold, of Auiericus; James cancel the sinking fund clause in the mortgage securing ths;

which to make improvements on the whole property. It is
exiectrd the te w bonds will be ready tor delivery about
Jan. 1, 1893, and the details of the consolidation consummated
about the same time.”
,
The leased lines are the Ogdensburg & Lake Champlain and
the Rutland Railroads, and the steamers of the Ogdensburg
Transit Co. In the year ending June 30, 1892, the revenue
account was as follows.

J anuary 7, 1893.1

THE CHRONICLE

Oregon Improvement six per cent bonds, President W. H.
Starbuck said that “ the action of the Executive Committee
was taken at the request of some of the large holders of bonds.
We have bought and turned into the sinking fund about $800,000 of the first mortgage bonds. We have up to the present
fortunately secured the necessary amount by purchase, but
should we be unable in any year to buy enough at 106, then,
under the provisions of the mortgage, we should draw bonds
at par to absorb the surplus of the sinking fund for that year.
As is always the case the fear that their bonds will be drawn
makes people chary of investing in them, and keeps the
price down. It is to remove this uncertainty that the request
for a cancellation of the sinking fund clause has beeD made.
Retirement of the bonds under the terms of the mortgage
does not mean a reduction of fixed charges, for interest on
them is required to be paid into the sinking fund just the
same. Of course this arrangement would leave that much
more money every year for the junicy securities. The com­
pany does not owe a dollar, and has not issued a bond in the
past year.”
P hiladelphia & Reading.—A negotiation has been com­
pleted with Messrs. Speyer & Co. involving a sale of bonds
and cash advances which will give the Philadelphia & Read­
ing about $5,500,000 in money-. One-half of this amount will
be advanced to the company in cash as a loan upon collateral
trust bonds as security, and the remaindf r is from a sale out­
right of the bonds to the syndicate.
The collateral trust bonds are issued under a deed of trust
made in FVbiuary, 1892, and authorized at the last annual
meeting. The Wall Street L e tte r of the 0th says :
Securities of a par value of 815,584,000 and a market value
of $13,625,000 are pledged as security for the collateral trust
loan, which is for $10,000,000. Only $2,000,000 had been
issued up to the time of the present negotiation. The securi­
ties, including the collateral trust, are of the best character
in the company’s treasury. They include the entire capital
stock of the Allentown RR., the Atlantic City RR., the Dela­
ware F en y Co., the Philadelphia Harrisburg & Pittsburg
RR., the Si amokin Sunbury & Lewisburg RR., the Reading
Irou Co., the Reading & Pottsville Telegraph Co. and S2o0,000
of its bonds, 1,718 shares of Junction RR, stock, a majority of
East P< nnsylvania RR. stock, §1,000,000 Reading & Columbia
debenture bonds and other securities. The income from these
stocks and bonds amounts to more than the interest on the
collateral bonds authorized.”
P hiladelphia & Reading—Pennsylvania Railroad.—The
coal rate difference which has existed for nearly four months
between the Pennsylvania Railroad and the Reading has
ceased. After a conference at Philadelphia between the lead­
ing freight officials of all the roads interested, it was agreed to
issue through joint tariff rates on anthracite coal, via all
junction points. The Pennsylvania, Reading, Lehigh Valley
and Jersey Central systems are affected by the agreement.
The rates changed are only those from the mints to Philadel­
phia and intermediate points. This action applies to what is
known as the city and line trade, but it is expected that pro­
vision will be made also for rates to tide-water and other
New York and New England points at a meeting to be held
in New York. The rates agreed upon are made with Phila­
delphia as a basis.
P ostal Telegraph Company.—A telegram from C. E.
Arnold, President or the Commercial Telegraph Company,
says: “ The lease of the Commercial Union Telegraph Com­
pany to the Postal Telegraph has been completed, and the
papers were signed Dec. 28. The lease is for ninety-nine years
from Jan. 1 1893, and the terms are 6 per cent to the Commer­
cial Company on its capital stock.”
Richmond Term inal.—A circular letter addressed to the
stockholders of the Richmond & West Point Terminal Rail­
way & Warehouse Company has been issued by the special
committee, of which Mr. Alexander E. Orr is chairman. This
committee was appointed to receive from the stockholders
proxies to represent them at a general meeting of the company
held in Richmond Sept. 15 last, and at that meeting the ticket
put forward by the Orr committee was defeated.
The newly-elected board of directors instructed its chairman,
Mr. W. P. Clyde, to appoint a committee to make a thorough
investigation of the company’s affairs and another commit­
tee to prepare a plan of reorganization. The committees
were appointed, but no reports have yet been made. The
circular goes on to say :
“Nothing has been done at the adjourned meetings, and the
promise of information as to the state of the company and of
a plan of reorganization has not yet been fulfilled. The an­
nual meeliug of the stockholders has been adjourned for nearly
a year for alleged reasons which are clearly insufficient. It
is interesting in this connection to know that by the Virginia
Code, Section 1,123, it is required that the board of directors
shall make a report of the condition of the company to the
stockholders at the annual meeting, and further, that the
records of the proceedings of the board of directors for the
year preceding shall be open to'th e inspection of three or
more stockholders holding, together, 100 shares of the capital
stock.
“The Orr committee are of opinion that they have exer­
cised the powers entrusted to them as long as the conditions
continued which were in existence or contemplated when
their trust began. They are now of the opinion that the stock­
holders who have given them their proxies should either give

43

the committee further instructions and themselves take active
steps to protect their property, or relieve the committee of
their duties.” * * *
“The committee therefore inclose a proxy which, among
other things, empowers it to call a stockholders’ meeting.
This can be done under the Virginia Code by the holders of
one-tenth of the capital stock of the company—tin t ij, of
75,600 shares. A meeting to consider wbat course stock­
holders should pursue can be held after notice of the call has
been published for thirty days. Should the pr< sent manage­
ment and its conduct of the company be approved, tie O rr
committee will feel that there will be no further occa-ion fo r
their services. Proxies should be sent to the State Trust Com­
pany, 50 Wall Street.”
Richmond & Danville—Georgia Pacific.—The RHimomJ
& Danville receivers gave notice that the following coupons
due Jan. 1,1893, would be paid on presentation at tin t -ntral
Trust Company, 54 Wall Street: Richmond Yoik River &
Chesapeake first mortgage bonds; Charlotte Columbia & Au­
gusta first mortgage bonds: Charlotte Columbia & Augusta
consolidated mortgage bonds; Columbia & Greenville first
mortgage bonds; Western North Carolina first consolidated
mortgage bonds: Roswell Railroad first mortgage bonds;
Franklin & Pittsylvania first mortgage bonds.
Also the July 1, 1892, coupons of the Richmond & Danville
6 per cent consolidated mortgage bonds and the O.t. 1. 1892,
coupons of the Columbia & Greenville second mortgage bonds.
Notice will be given hereafter with regard to payment of
the Jan. 1, 1893, coupons on Richmond & Dan. 6 per cent
consolidatfd bonds.
Messrs. W. P. Clyde and Geo. F. Stone attacli the follow­
ing to the advertisement:
G e o r g i a P a c i f i c F i r s t M o r t g a g e B o n d s .—T h e u n d ersig n * l, b o llev Infr th a t th e in com e o f th e r e c e iv e r s of th e liichm onci A D a n v ille
sy ste m w ill in a short tim e enable, them to p a y th e inter.--: on th e
a b o v e -e n litle d bonds, h a v e au th orized t h e C entral T rust C om pan y o f
N e w Y ork to pu rchase a t par for Ogir a cco u n t, on p resen tation at' irs
office, all th e cou p on s m a tu r in g Jan. 1 , 1 8 9 3 . on the above .-i.iss of
bonds.
w m u M P. Cl y d e ,
D ec. 3 0 ,1 8 9 2 .
G e o . F. S t o n e .

Silver Springs Ocala & Gulf—Savannah Florida & West­
ern.—-The control of the stock of the Silver Springs Ocala &
Gulf has been acquired by the Savannah Florida & Western,
and the holders of the outstanding $1,126,000 first mortgage
sixes, it is said, have assented to a reduction of interest to 4
per cent and the endorsement on the bonds of the guarantee
of the Savannah Florida & Western. The SilverSpiings road
will supply a portion of the link which it is proposed to con­
struct between Gainesville, Fla., and Penibeiton to make a
through line from Savannah to Tampa on the Gulf of Mexico.
Standard Oil of New York.—At the annual meeting of the
stockholders of the Standard Oil Company of New York the
following directors were elected: William Rockefeller. J. D.
Rc ckefeller, H. M. Flagler, John D. Archbold. II. H. Rogers,
W. H. Tilford, Paul Babcock, jr., C. M. Pratt and A. M.
McGregor. After the meeting of the stockholders the new
board of directors elected thtse officers: President. William
Rockefeller; Vice-President, John D. Archbold; Treasurer,
William T. Wardv ell and Secretary, L. D. Clarke.
—The statement of the New England Loan & Trust Com­
pany up to close, of business December 31, 1892, is presented inour columns to-day. The year 1892 has left the company an
undivided profit of §123,748, while the total assets now
amount to 84,942,9C5. This company offers its own deben­
tures for sale at par, issued in various denominations, bearing
6 per cent interest, payable semi-annually in New York.
—The well-known advertising firm of Frank, Kiernan &
Co. will hereafter be known as Albert Frank & Co., the old
partnership having expired Jan. 1 by limitation . Messrs.
Frank and Rascover, who have been identified with the old
firm since its formation, are now the partners of the new firm.
In placing financial advertising this firm stands foremost in
tliis city.
—Mr. Wm. C. Cornwall, late Cashier of the Bank of Buf­
falo, has gone into a new bank in Buffalo, of which he is the
President; it will be known as the City Bank. The capital
stock is §200,000, and it has been all subscribed for.
—Messrs. Edward C. Jones ;& Co. offer in our issue to-day
a lot of Mount Arlington, N. J.. 6 per cent 20-year bonds,
issued for road improvements. Full particulars will be given
on application.
— One of the firm of John L. Williams & Sons, the wellknown bankers of Richmond, Va.. contributed an elab­
orate article to the Richmond D is p a tc h of the 1st instant on
the operations of the Virginia railroads for the year 1892,
—Messrs. Blair & Co. offer to investors a selection of highgrade investment bonds, which they advertise in another
Column.
—Messrs. Hollister & Babcock, 80 Broadway, offer the
stock and 50-year first mortgage gold four- of the Union
Railway Co., which is an electric street railway in N. i . City)
—Attention is called to the bonds offered by Messrs. RedJ
mond, Kerr & Co. in advertising columns of to-day.
—Messrs. Gay & Stan wood, Boston, offer a list of invest­
ment bonds for the attention of investors.
—Messrs. Lamprecht Bros. & Co. of this city and Cleveland
offer a list of municipal bonis for January investment,
MB

THE CHRONICLE.

44

[V ol. LVI.
3

J b c

C o m m e r c ia l

COMMERCIAL

C

jin x e s .

EPITOME.

P ork ................
bbls.
L ard....................................
tea.
Tobacoo, d o m e s tlo .............. hlids.
Tobacco, f o r e ig n ...............bales.
Coffee, R io............................... bags.
Coffee, oth er.......... ............... bags.
Coffee, J a v a , & c....................m ats.
Bnirar....................
libds.
S u g a r . . . . . . . . . . . . . . . .......... boxes.
Bngar.................................b ags, &c.
M elado...................
b id s .
M olasses, foreign ................ b id s .
M olasses, d o m e s tlo .............. bbls.
H id es.............................................No.
C o tto n .................................... bales.
R o sin .......................................... bbls.
S p irits tu rp en tin e...... ..........bbls.
T ar___________
bbls.
R ice, E . I ..................................bags.
R ice, d o m e s tic .......................pkgs.
L inseed......................................bags.
Saltpetre...................................bags.
J u te b u tts............................... bales.
M anila h e m p .........................bales.
S isal h em p ............................. bales.
F lo u r ........... .......bb ls. and sacks.

1893.
J a n . 1.

1 3 .7 3 1
7 ,* 3 3
2 1 ,1 5 3
37,3 3 1
1 4 5 ,4 4 1
2 0 ,8 7 9
3 1 ,3 0 6
473
N one.
3 0 1 ,7 5 3
N one.
255
3 ,0 0 0
2 8 0 ,4 0 0
3 2 7 ,0 2 6
2 2 ,0 0 8
1 ,4 1 4
2 ,9 1 0
8 ,7 5 0
4 ,3 5 0
N one.
1 3 ,5 0 0
4 8 ,4 0 0
N one.
4 ,3 0 0
2 0 1 ,6 0 0

1 1 ,1 5 5
5,5 5 9
1 8 ,8 1 9
4 2 ,4 9 2
2 6 * ,1 9 3
1 5 ,5 1 5
4 1 ,7 1 8
N one.
N one.
2 7 9 ,0 2 5
N one.
N one.
3 ,2 0 0
2 8 7 ,9C0
3 0 0 ,6 4 6
1 9 ,0 9 1
1 ,9 5 7
3 ,3 1 1
7 .5 0 0
4 .5 0 0
N one.
1 4 ,0 0 0
4 4 ,2 0 0
N one.
3 ,4 » 4
2 2 3 ,8 0 0

R eceip ts air—

T u e t. W ed.
1 1-00 10-95
1 0-40 10-55
1 0-25 1 0 -4 0

Tues.

3 ,8 6 5
......
8,4 3 4
1,7 5 0

4 ,0 5 0
......
9 ,3 1 0
6 27

3,3 5 9
6 ,8 5 0
2 73

3 ,9 1 2
......
9,1 0 7
2 30

s a v a n n a h ..........

1,1 3 7

878

4,1 8 3

1,103

211

1,0 5 4

314

6 36

2,9 5 2

16 0

2 ,0 0 3

3 70

624
1 ,4 7 4

3 05
1,151

332

8 12
851

749
454

707
853

457
3 60

25 3

27 2

43

S a t.

2,0 7 7
5,211
8 98

W ilm in g to n ___
W ash’gton ,& c
N orfolk................

1892
J a n . 1.

33

N ’w p ’t N ’Sj&c.

2 4 ,1 5 3
3 9 ,5 9 8
1 5 ,0 9
3 1 ,5 3 4
2 3 1 ,8 4 5
8 .7 9 3
4 3 ,2 3 3
706
N one.
2 7 5 ,6 9 7
N one.
N one
1 1 .5 0 0
2 5 3 ,1 6 0
3 2 0 .3 3 9

B o s to n ................
P h ilad elp h ’a.&c

242
482
1,313
861
4,6 2 8
5 83

Wed.

T /iu rs .

PYi.

Total.

2 ,3 2 6
76 5
5,4 0 1
2 93
369
1.8S3
3,2 4 7
84 3

1 9 ,5 8 0
765
5 1 ,1 8 0
3,6 1 1
3 69
1 1 ,2 6 6
8,4 5 8
3 ,9 5 6

131
19
62 8
56 6
174

5 ,2 7 9
19
2 ,5 0 1
3 ,6 7 3
1,4 8 7
2 ,7 2 5
4 ,1 6 2
5 ,4 2 6
1 ,5 9 7

7 83
798
4 46

T otal stlila w eek 3 0 ,9 1 2 1 7 ,4 3 0 22,42d! 1 8 ,4 3 2 1 8 ,1 8 3 1 8 ,672| 12 6 ,0 5 4

The following shows the week’s total receipts, the total since
Sept. 1, 1892, and the stock to-night, compared with last year.
R eceipts to
J a n . 6.

2 6 ,6 1 4

G a lv e s to n ...
E l Paso,& c.
N ew O rleans.
M obile............
F lo rid a ..........
8 a v a n n a h ...
B rn n s.,& o .
C harleston ..

1,815
3 .7 9 6
3 7 .5 0 0
4 ,5 0 0
1,1 0 0

1 5 .5 0 0
31 000
N one.
5 ,2 0 0
1 7 6 ,* 3 0

W ilm in g to n .
W ash’tn.& c
N o rfo lk .........
W est Point.
NwptN.,<fec
N ew Y o rk . .
B o sto n ...........
B a ltim o r e ...
Ph ll'del’a , &c

DAILY CLOSING PRICKS OK LARD FUTURES.

M o ,.
pq
£

M on.

G a lv e s to n .......... 2,0 6 8
E l F a s o , & o...
......
New O r le a n s ... 12,078
M obile.................
438

C h a r le sto n ........

Lard on the spot has been quiet, though there”have been a
few purchases for the United Kingdom at ari advance in
prices, closing firm at 10-oOc. for prime City, ll-10c. for prime
Western and 11-40c. for refined for the Continent. The
speculation in lard for future delivery has been quiet, hut
prices have made a decided advance, owing to the scarcity of
hogs.
Bat.
Jan u ary d eliv ery .............c. 10-80
M arch d e liv e r y ...............c ...............
M ay delivery ..................... o. 10-15

N .

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 126.054 bales,
against 165,943 bales last week and 193,912 bales the previous
week, making the total receipts since the 1st of Sept., 1892,
3,691,854 bales, against 5,031,507 bales for the same period of
1891-2, showing a decrease since Sep. 1,1892, of 1,339,653 bales.

N ig h t ,

1892.
Dec. 1.

T T O

F r id ay , P. M., January 6, 1893,
T h e Movem ent o f t h e C r o p , as indicated by our telegrams

January 6, 1893,
Low temperature prevailing at the West and North west has
served as an influence to retard the movement of agricultural
products, but abundant snow shields the fall-sown crops in
most localities. There has been a slight increase in the con­
sumption of general merchandise and a fair foreign demand
for our products, although the export of food staples has not
met expectations. The final Government report on the grain
crops for 189» exceeded the average trade estimates and caused
a weak tone on prices of wheat, corn and oats. There has
been a heavy cut in trans-Continental railway freight rates
between this city and San Francisco, in competition with the
Pacific Mail route and the clipper ships. Speculation in the
leading staples has been moderate and conservative. At the
close a heavy snow-fall has slightly delayed railway traffic in
middle latitudes.
The following is a comparative statement of stocks of
leading articles of merchandise at dates given:
F r id a y

O

TJiur.
PH .
1 0-95 11-05
10-80 10-90
10-65 10 90

S to c k .

1 8 91-92.

1 8 92-93.
T h is S in c e Sep.
Week. 1 ,1 8 9 2 .

T his S in c e Sep.
Week. 1 ,1 8 9 1 .

1893

1892

1 9 .5 8 0 8 2 9 ,4 5 5
765
3 4 ,791
5 1 ,1 8 0 1 ,0 3 5 ,2 6 6
3,6 1 1 13 4 ,4 5 1
369
2 1 .4 1 5
1 1 ,266 6 1 6 .2 3 6
8,4 5 8
1 30.805
3 ,9 5 6 2 4 0 ,8 9 5
324
5 ,2 7 9 1 4 3 ,9 5 6
19
5 97
2,501
1 8 9 ,1 1 9
3,6 7 3 1 6 6 ,0 5 4
1,487
1 4 ,260
2,725
2 7 ,5 2 6
4 ,1 6 2
5 0 ,6 3 2
5 ,4 2 6
3 1 ,557
1,597
2 4 ,5 1 5

3 1 ,6 1 7 8 8 7 .0 0 4
1,3 4 6
2 0 ,6 4 7
9 0 ,2 3 7 1,63 1 ,8 9 0
8,191 2 0 2 .6 3 8
186
1 8 ,2 3 6 7 9 5 ,9 8 9
5 ,9 8 4 1 2 5 ,3 3 5
7 ,0 8 0 3 8 7 ,5 8 7
1,2 9 7
50
1,7 1 0 1 3 6 ,0 8 2
1,7 3 4
102
1 6 ,2 2 2 3 3 3 ,9 5 4
1 2 ,9 8 2 2 3 3 ,0 9 4
7 32
2 3 ,1 3 7
3 5 ,6 7 9
4 ,3 6 6
4 ,5 5 4
6 0 ,3 5 4
7 ,6 4 1
4 1 ,5 3 2
3 ,0 1 2
4 3 ,3 1 9

1 2 5 .1 0 0
1,5 8 5
3 5 0 ,0 9 9
4 4 ,4 8 2

1 0 4 ,1 2 7
4 8 0 ,0 2 5
4 9 ,2 0 6

1 1 7 ,3 1 7
1 3 .2 4 2
5 4 ,8 7 9

1 1 5 ,1 6 7
5 ,1 3 7
7 0 ,1 2 3

2 4 ,4 6 2

1 6 ,2 2 6

4 2 ,5 0 4
1 3 ,3 2 3

6 5 ,3 1 1
9 ,6 2 0
1 ,4 8 3
3 5 3 .3 3 5
2 7 ,0 0 0
1 6 ,5 4 8
1 3 ,8 8 6

i,nao
3 0 5 ,3 2 0
3 1 ,0 0 0
3 0 ,5 9 7
1 1 ,4 8 9

T o ta ls ......... 1 26,054 3 ,6 9 1 ,8 5 4 2 1 4 ,2 5 0 5 ,0 3 1 ,5 0 7 1,166,419 1 ,3 2 7 ,1 9 4

Pork has advanced sharply in response to decidedly stronger
In order that comparison may be made with other year, we
Western advices, but the demand lias been quiet, closing firm give below the totals at leading ports for six seaons.
at $17 for old mess and $17-75@$18 for new mess. Cut meats
1892.
have made a decided advance, owing to a sharp rise in the Receipts at— 1893.
1891.
18 9 0 .
1889
1888
price of hogs, and the close was firm at 10c. for pickled G alv’ston ,& c 2 0 ,3 4 5 3 2 ,9 6 3
3 0 ,5 4 9
1 5 ,6 7 4
1 2 ,9 8 7
2 1 .2 7 6
bellies. 10@13 lbs. average, 8%®9c. for pickled shoulders and
12(gl2i^c. for pickled hams. Tallow has advanced, closing N ew O rleans 5 1 ,1 8 0 9 0 ,2 3 7 8 7 ,0 5 8 5 1 ,9 9 8 5 8 .9 8 9 5 8 ,9 5 1
3,6
1
1
M obile............
8,191
1 1 ,4 2 7
7 ,3 9 8
7 ,3 2 5
7 ,2 2 8
firm at o^c.
Coffee has been fairly active with some irregularity of tone, S a v a n n a h ... 1 1 ,2 6 6 1 9 ,2 3 6 2 0 ,5 0 3 1 7 ,162 1 2 ,7 8 5 1 5 ,6 1 3
3 ,9 5 6
7 ,1 3 0
6,643
3 ,3 9 3
7 ,4 1 0 * 6 ,7 2 6
hut inclination slightly easier. Eio is quoted at 16%c. for Oharl’s t ’n.&o
5 ,2 9 8
1,812
4 ,6 4 5
1,1 1 9
2 ,6 7 2
3 ,1 0 7
No. 7; good Cucuta at 21@21Vc. and interior PadaDg at Wllm’g t’n,&c
2,5 0 1
1 6 ,2 2 2
2 1 ,0 2 2
1 3 ,1 9 1
1 1 ,452
1 3 ,5 3 3
27@28c. Contracts for future delivery found a more or less N o rfo lk ..........
5 ,1 6 0
1 3 ,7 1 4
1 7 ,4 4 4
1 2 ,0 2 1
1 2 ,8 3 6
1 5 ,3 7 4
unsettled market, with some inclination manifested to liqui­ W’tP o in t, &e
date long contracts on near months in consequence of increase A ll o t h e r s . . . 2 2 ,7 3 7 2 5 ,7 4 5 1 7 ,8 8 6 17,865 2 3 ,9 3 9 1 2 ,6 0 7
in world’s visible supply. That influence is particularly T o t.th isw eek 1 2 6 ,0 5 4 2 1 4 ,2 5 0 2 17,177 1 3 9 ,8 2 6 1 5 9 ,1 1 9 1 4 5 ,7 4 1
marked at the close, with prices on a declining scale. The
S ln o e S e p t.l 3 6 9 1 .8 5 4 5 0 3 1 ,5 0 7 4 7 1 2 ,7 5 8 4 4 S 2 .5 4 5 3 9 9 2 ,0 1 4 4 2 9 0 ,5 9 9
following are the final asking prices:
J a n ........................ 1 5 -8 5 c. I A pril....................15-55o. J u ly ..................... 15 35oThe exports for the week ending this evening reach a total
f e b ....................... 15-75P. M ay........................15-450. S e p t.....................15-40c
of 117,263 bales, of which 32,296 were to Great Britain, 28,669
M ob.......................15-70e. I J u n e . . . .............. 15-40c. O ct..................1 5 * 3 5 o
Eaw sugars have been in small supply, good demand and to France and 56.298 to the rest of the Continent. Below are
firm for all grades. Centrifugal is quoted at 3 7 16c. for 96 deg. the exports for the week, and since September 1, 1892.
W eek E n d in g J a n . 6.
test and Muscovado at 3c. for 89 deg. test. Refined sugar has
F ro m S ep t. 1 ,1 8 9 2 , to J a n . 8 ,1 8 9 3 .
E xported to—
E xp o rted to —
sold readily at firmer rates. Granulated quoted at 5c. OtherG reat
Oonti- T otal
G reat
O ontifr o m —
staple groceries have secured gi eater attention at hardening
Total.
B rW n . F r a n o nen t. Week. B r ita in . * r a n a
n en t
values, spices and teas in particular favoring sellers,
Kentucky tobacco has been firm but quiet. Seed-leaf • J a lv e B to n ........ 5,135 6,476 7,596 19,207 363,419 91,506 107,650 562,575
300
6,505
16,455
15,420
tobacco has been taken slowly, but prices hold steady. Sales V e la sc o , & c .... 6,205
31,875
N ew O r l e a n s . .
5,238 21,528 19,660 46,426 266,300 183,707 172,216 622,223
for the week were 850 cases.
M o b ile & Pen.
25,770
25,770
Straits tin has been decidedly more active'at advancing
7,600
7,000
56,704 19,752 163,680 245,145
prices, and the close was steady at 19-70c. Sales for the week 3Barvuannsnwaihc k___
___
4,198
1,100
5,298
57,776
2,480
14,574
74,830
were about 600 tons. Ingot copper has been dull but steady C h a r le s t o n —
81,857
7,900
70,743 160,500
at 12-20c. for Lake. Lead is without change and quiet at W il m in g t o n ..
10,000 10.000
65,402
43,562 108,964
3 '85c, for domestic. Pig iron is dull but steady at $12 75® N o r f o lk ............ 1 ,U 1
4,900
6,041
47,386
17.138
64,524
Refined petroleum is dull but steady at 5'40c, in bbls., 2-90c
m bulk and 6-25c._in cases; crude in bbls., 5-35c.; in bulk,
2'85c.; naphtha, 5^c. Crude certificates have been dull.
Spirits turpentine has been quiet but steady at 30J^@3lc.
Rosin has been in better demand and steady at $1 30@$1 32^
for common and good strained. Wool is firm but quiet. Hons
are dull but steady.

W e st P o in t...
N’p o r tN w s .& c
'■ew Y o r k ........
B o s t o n . . . ........
B a l t i m o r e . ___
| P h l l a d e l p ’a,& c
|

T o ta l........

1,670
1,504
5,491
1,399
309

665

2,968
1,480
694

1,676
5,137
6,971
2,093
309

52,236
4,764
206.297
101,633
59,154
5,266

4,800
8,436
3,110

39,666
2,178
48,880

100

57,036
4,764
254,399
103,811
111,124
6,360

32,296

28,669

56,298 117,263 1,409,419 316.891

705,590 2,431,906 ■

| T o t a l. 1891 92. 122 733

34 263

66.635 223,631 2,060.951 349,638

910,708 3,327.295

THE CHRONLCLE

J anuary 7, 1893.J

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
Carey, Yale & Lambert. 24 Beaver Street.

T h e B a l e s a n d P r ic k s o f F u t u r e s
f b lo w in g c o m p r e h e n s iv e ta b le :

<2

On S h ip b o a rd , n o t cle a re d —f o r
J a n . 6 a t—

Other
G reat
B r ita in . F ra n ce. F oreign

N ew O r l e a n s . ..
G a lv e s to n ..........
S a v a n n a h ..........
C h a r l e s t o n . . ..
M o b ile ................
N o rfo lk ...............
N ew Y o r k ..........
O th e r p o r t s ___

1 2 ,1 9 4
12,9 6 5
2 ,3 0 0
N oue.
N o n e.
N one.
N one.
N o n e.

13.1 0 8
2 2 ,6 0 0
2 ,0 0 0
4 .5 0 0
8 .5 0 0
N o u e.
3 ,6 0 0
3 0 ,0 0 0

C oast­
w ise.
920
6,2 7 7
2 ,9 0 0
300
N one.
6 ,5 0 0
N one.
N one.

15,7 7 3
8.3 8 5
1 7 .0 0 0
7 ,0 0 0
N o n e.
N one.
2 ,2 0 0
2 5 .0 0 0

4 1 ,9 9 5
5 0 ,2 2 7
2 4 .2 0 0
11,S00
8 .5 0 0
6 .5 0 0
5 ,8 0 0
5 5 ,0 0 0

5 -S E .g 2 -S S m
P * - -

33
3> ®

3 0 8 ,1 0 4
7 4 .8 73
9 3 ,1 1 7
4 3 ,0 7 9
3 5 .9 8 2
36 0 0 4
299 5 0
7 1 ,7 1 8

®®

:
0
: 2: 1
. O;

cd<ih h

O
05
® 05*- £

P 45) 00*5 ! “ ?•§
©iA hccR
VI O g® *<o o »

8 4 .3 0 8

27,4 5 9

7 5 ,3 5 8

1 6 ,8 9 7

2 0 4 ,0 2 2

9 6 2 ,3 9 7

T o ta l 1 8 9 2 ... 1 0 8 ,0 7 4
T o ta l 1 8 9 1 ... 1 7 3 .3 9 4

2 9 .5 7 2
1 2 .5 7 0

5 8 ,1 5 9
2 9 .9 1 9

1 3 ,7 1 7
2 6 ,6 0 9

2 0 9 .5 2 2
2 4 2 .4 9 2

1 ,1 1 7 ,6 7 2
6 7 3 ,0 9 4

w

M on T ues W ed

T il.

t>>
e3

7 hi
7V8
S%
9be
9 7ie

7*
7 7r
8k
9*6
9*6

O r d i n a r y . . ............................. $ lb .

c?
33

7ha
7 7s
8%
9 'i a

9 iii6
9 78
9 78
10® uj 1 0 ®16
10®8
10 %
10%
10 %
11*
il! e

F ri.
7% e

r41
8
9*

GULF

S a t.

M on T ues W ed

Th.

F ri.

•
I

7%
8%

7%
8%

71316
8»1«
91lfl
9*
9%
10
1 0 3 16
10*"
1 0 l* 6
H ilR

L o w M id d lin g ........... *.....................

9

c3
2

M id d lin g ................... ; .......................
H

w

M id d lin g F a i r ...................................
F a i r . . ................................................
S T A IN E D .

S a t.

B o o d O r d in a r y .................... . 9 lb .

7%
8>8
9

9 516 9 5ie
9 U 1h 9 n ie
9WW
10*
10*
lo7ie I0 ? i6
105 q 1 0 *
1L
11
1138 1 1 %

9

9*6
9 ]* e
9 i* e
10 *
1 0 '16
1056"
11
1L*

U I 0 11 T u e s W e d

Th.

F ri.

7
758
8*2
9 tio

7
7*
8*

7*6
711^

9he

9*

H o li- H olid ay . d a y .

M i d d l i n g .. .. : ....................................

7
7=8
81*
9 ’ ie

MARKET AND SALES.

The total sales of cotton on the spot and for future delivery
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 O F SPOT AND CONTRACT.

SPOT MARKET
CLOSED.

E x­
p o r t.

Spec- C on­
0O71s u m p . u V V n tract.

B at’d a y .
\ ......... .. H o li d a y s .
M onday
5
T u e s d a y E a s y ......................
648
w e d ’dayi Q u i e t ....................
129
T h u r’d’y Q u i e t ....................
360
F r id a y .. Q u ie t a t L b a d v .
111
....
....
T ata!. .................................

—

1,2 4 8

Total.

S a les o j
F u tu re s.

2 ,3 0 0
300
....
200

2,9 4 8
429
300
311

1 8 6 ,8 0 0
1 5 9 ,7 0 0
1 1 5 ,800
1 6 8 ,9 0 0

2 .8 0 0

4 ,0 4 3

6 3 1 .2 0 0

®

>

coco
6®
HtO
1&

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:

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coco
cdi
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1

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d tC 5 °cb
05 01 H

co c o o o
d d c O’1
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coco- >^
00 CO ®

COO
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coco

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CO
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COCOOO c c c o o o
GCO0C CD -5 * 0 *
O '05 H 0 0 0 <1
1

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COCO
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t c o o o to -o o ® <o 9 o 9 C 0 9 0 9
COCO^CO 00 00 ° 00 00 0 0 ° CO -5 no ° -q
COCO -J Oi c o 05 00 GO
Hi-4 to
to
t> 9 9 £
9 9 £ COCO
C O ® COCO ® cc cc ®
cn cc to ^ 00 05 H ^ to tfxM*1
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to to ®
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75
100

F a i r ......................................................

1
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O r d in a r y ................................. • V lb .

0

9%
91**
9 78
10*6 10 %
10*
10 16
10% 1 0 1 * 6
11*
H *6

O
w

W

0

9 111P

M id d lin g ....................“ ......................
G ood M id d lin g .................................

•

H
.
W
0
Sg
0

I Ii

coco

a g s ?
P ® - VJ

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S a t.

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10-06
10-17

U PL A N D S .

II
I <s;

CDCO
-1 -3
HH
1&

P S -"!
: E .^
. P.J-CH
:
, p
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S: ^

<0

s
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tCDaOg® ?p.

CJfJ) ® m

9*72
.0 0
9 -7 3
9*73

Speculation in cotton for future delivery has been of mod­
erate volume and conducted in a manner that indicated a
feeling of caution among both buyers and sellers. With the
renewal of the session of the Senate after holiday recess,dis­
^C5
cussion of the so-called Anti-option Bill was rev.v:d, and un­
Wg
certainty regarding the fate of that measure acted as an im­
portant check upon operations. After adjournment on Friday
last the Cotton Exchange did not resume business until Tues­
day morning, when the tone was steady in consequence of
93
Sen
firm quotations from Liverpool; but as no fresh buying orders
were attracted, some of the longs became dissatisfied, and at­
tempting to sell out broke the line of value 13 points from the
extreme figures of the morning. On Wednesday the market
was irregular in consequence of numerous rumors regarding
the prospect of the Anti-option Bill in the Senate, and the final
impression proving favorable prices advanced 12 points. Yes­
terday additional strength was infused into the market by the
firm quotations from Liverpool, and reports of probable early oo cftCO
settlement of the mill operatives’ strike in Lancashire. At the ?g I11-10
close to-day the tone was further stimulated by a small move­ O ; C
ment of cotton at the interior towns, and a small advance in
quotations was made, but the business was confined princi­
pally to local operators. Cotton on the spot has sold slowly,
but at firm prices, and advanced l-16c. Middling uplands,
9 15-16e.
The total sales for forward delivery for the week are 631,200
bales. For immediate delivery the total sales foot up this week
4,048 bales, including ----- for export, 1,248 for consumption,
Vco
__ frvr cmarvnlar.inn n.nri 2,800 Oil COntmCt. TTia frtllrvtxrirtrr aro
go.
the official quotation s for e a c h day o f the past week—
December 31 to January 6 .

cd e>®

a r e s h o w n b y th e

35S*
®
n CCa
t* C§:*
‘
tO
CP
<
to<^
to
to
to
►
►
<
II
II
l e; : I s
Is |
I Ii
II

CO

T o t a l 1 8 9 3 . ..

2 ? g |
OB O © CD
to
P CD- m
T) 'e S '5
; fc.jt t ,
* Pt.^-SS
i
?
' 2: «

S

L e a v in g
S lo ck.

Total.

45

II: j

Id
II

>

Id

I I

►

5

II £
I$

Ie

I9 I:

II

I I

II

II

-1
0!

II

* In c lu d e s s a le s in S ep tem b er, 1 3 9 2 , for S ep tem b er, 1,700; Septum*
ber-O ctober, for O ctober, 420,500; Septeinbor-N oveinber, for N ovem
ber, 8 7 9 ,9 0 0 .

The following exchanges have been ma le during the week
•10 pd. to e x e b . 1 ,0 0 0 Moll, for Apr.
•22 pd. to exoli. 9 0 0 J a n for Moll.
•23 pd. to e x c h . l,f>oo Jan . for Mob.
•10 pd. to e x c h . 3 0 0 Jan . 8. n. for
F eb .

•15 pd. to exoh. 100 Jan. 8.

for

Feb.
•12 pd. to exch . 100 Jan. for Feb.
•42 pd. to exch . 100 J;in. for M ay.
•10 pd. to exch . 6 0 0 Moh. for Apr.

T h e V is ib l e S u p p l y o f C otton to-night, as made up by cable
and telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Jan. 6 j, we add the item of exports from
the United States, including in it the exports of Friday only.

[VOL. LTI.

THE CHRONICLE.

4S
1*93.
1892.
s to c k a t L iv e rp o o l.......... b a le s . 1 ,6 0 0 ,0 0 0 1 ,4 6 7 .0 0 0
B to o k a t L o n d o n . 3, 500
1 1 ,0 0 0

1891.
9 4 2 ,0 0 0
2 0 ,0 0 0

T o ta l G reat B r ita in s to c k . 1 ,6 0 3 ,5 0 0 1, 4 7 3 ,0 0 0
Stock a t H am b urg....................
1,500
2 ,4 0 0
S tock a t B re m e n ................
1 1 7 ,0 0 0
1 3 5 ,0 0 0
Stock a t A m s te r d a m ................
1 9 ,0 0 0
2 2 ,0 0 0
Stock a t R o tterd a m ...................
300
300
Stock a t A u tw e r p .........................
5 ,0 0 0
5 ,0 0 0
Stock a t H a v r e .............................. 4 2 3 ,0 0 0
2 5 3 ,0 0 0
Stock a t M a rseilles......................
8 ,0 0 0
8 ,0 0 0
Stock a t B a rcelo n a .....................
7 5 .0 0 0
7 3 ,0 0 0
Stook at Q c n ^ a ............. ..............
6 .0 0 0
8 ,0 0 0
S ^ c k a tT r S ste .
10 ,0 0 0
1 6 ,0 0 0

9 6 2 ,0 0 0 9 7 3 ,0 0 0
3 ,3 0 0
1 4 3 ,0 0 0
1 1 ,0 0 0
S.OOO
500
3 00
.
* 8 7 ,0 0 0 l o g'JJ00
0^*999
o o ’nnn
6 /,0 0 0
82,000
6 ,0 0 0
10,000
7 ,0 0 0
10,000

T otal C o n tin en ta l sto o k s........

6 6 4 ,8 0 0

5 2 2 ,7 0 0

4 3 2 ,8 0 0

1890.
9 5 7 ,0 0 0
1 6 ,000

4 1 3 ,4 0 0

T o ta l E u ro p ea n s to c k s .. . . 2 ,2 6 8 ,3 0 0 2 ,0 0 0 ,7 0 0 1 ,3 9 4 ,8 0 0 1 ,3 8 6 ,4 0 0
In d la o o tto n aflo a t fo r E u ro p e.
4 7 ,0 0 0
2 1 ,0 3 0
4 5 ,0 0 0
9 0 ,0 0 0
A m e r .o o tt’n a flo a t for E u r o p e . 3 ^5,000 6 3 0 ,0 0 0 5 7 3 ,0 0 0 5 6 5 ,0 0 0
jE crpt,B razil,& o.,atttforE ,r ’p e
5 3 ,0 0 0
6 0 ,0 0 0
5 0 ,0 0 0
4 8 ,0 0 0
S to ck In U nited 8 ta te s p o rts . . 1 ,1 6 6 ,4 1 9 1 ,3 2 7 ,1 9 4 9 1 5 ,5 8 6 7 1 5 ,7 8 2
Btook in U . 8. in te r io r to w n s .. 4 7 3 ,6 5 5 6 2 9 ,5 5 0 5 1 3 ,7 5 1 4 3 3 ,1 4 3
U n ited S ta te s e x p o r ts to -d a y .
3 0 ,6 4 5
3 9 ,1 1 3
3 1 ,7 5 4
4 4 ,8 / 4
T ota l v is ib le su p p ly ............ 4 ,3 9 9 ,0 1 9 4 ,7 0 7 ,5 5 7 3 ,5 2 3 ,8 9 1 3 ,2 5 3 ,2 5 4
Of th ea b o v e, tb e t o ta ls o f A m erican and other d e scrip tio n s a r e a s fo llo w s:
A m e ric u n —
L iverp ool sto c k ................b a le s . 1 ,3 7 6 ,0 0 0 1,23G,0 0 0 6 5 3 ,0 0 0 7 5 0 .0 0 0
C ontinental s to c k s ......................
5 5 7 ,0 0 0 4 2 0 ,0 0 0 3 3 3 ,0 0 0 3 1 2 ,0 0 0
A m erican aflo a t fo r E u r o p e ...
3 5 5 .0 0 0 6 3 0 ,0 0 0 5 7 3 ,0 0 0 5 6 5 .0 0 0
U n ited S ta tes s to c k ..................... 1 ,1 6 6 ,4 1 9 1 ,3 2 7 ,1 9 4
9 1 5 ,5 8 6 7 1 5 .7 8 2
U n ited S ta te sin te r io r B to c k s ..
4 7 3 ,6 5 5 6 2 9 ,5 5 0 5 1 3 ,7 5 1 4 3 3 ,1 9 8
U n ited S ta te s e x p o r ts to -d a y .
3 0 ,6 4 5
3 9 ,1 1 3
3 1 ,7 5 1
4 4 ,8 7 4
T otal A m e r ica n ..................... 3 ,9 5 8 ,7 1 9 4 ,2 8 1 ,8 5 7 3 ,0 2 0 ,0 9 1 2 ,S 2 0 ,S 5 4
E a s t I n d i a n , B r a z il,
L iverpool e tc c k ............................. 2 2 4 ,0 0 0 2 3 1 ,0 0 0 2 3 9 ,0 0 0 2 0 7 ,0 0 0
L ondon sto c k .................................
3 ,5 0 0
1 1 ,0 0 0
2 0 .0 0 0
1 6 ,000
C ontinental s t o c k s ................
1 0 7 ,8 0 0 1 0 2 ,7 0 0
9 9 ,8 0 0
1 01,400
In d ia afloat for E u ro p e..............
4 7 ,0 0 0
2 1 ,0 0 0
4 5 ,0 0 0
9 0 ,0 0 0
E g y p t, B ra z il, & c., a flo a t..........
5 e ,0 0 0
6 0 ,0 0 0
5 0 ,0 0 0
4 8 ,000
T otal E a s t In d ia , & o............. 4 1 0 .3 0 0 4 2 5 ,7 0 0 5 0 3 ,8 0 0 4 6 2 ,4 0 0
Total A m erica n ..................... 3 .9 5 8 ,7 1 9 4 ,2 8 1 ,8 5 7 3 ,0 2 0 ,0 9 1 2 ,9 2 0 ,8 5 4

Q u o t a t io n s f o r M id d l in g C o t t o n a t O t h e r M a r k e t s . —
B e lo w w e g iv e c lo s in g q u o ta tio n s o f m id d lin g c o tto n a t S o u t h ­
e r n a n d o t h e r p r in c ip a l c o t t o n m a r k e t s f o r e a c h d a y o t h w w k 0
Week e n d in g
J a n . 6.
G a lv e s to n ...
3few O rleans
M o b ile ....
Savannah.
C harleston
W ilm ington
N o r fo lk .,..
B o s to n ___
B altim ore.
Philadelphia
A u g u sta ..
M em p h is..
St. L o u is ..
H o u s to n ..
O lucinnati
L ouisville.

OLOSINQ QDOTATIONS FOB MIDDLING OOTTON OHS a tu r .

H on.

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

9%
9 7a

W ednes.

T fiurs.

F r i.

9!«
9%
» 7I8
9-16
9*8

9k!
9918
9 ’lS
9^
9%

9*0
9=8
9k s
9k !
9^9
9%
9=8
9 7s
10
101*

9 >3,8
9^
10

9 ’-3
9%
9 ?16
y 7ie
9^8
99.6
She
9 7a
10
10*4
93s
9%
913,6
913
10

934

334

934

She
9 7e
10
10M
9=8

9 7s

10'4
9%
934
913,8

934

........

10
913,6

T u es.

9%

934

She
9 7s
10
1012
95s
S>h
913,8
9*2
10

93l
913la
9k
10
934

T h e c lo s in g q u o ta tio n s to -d a y (F r id a y ) a t o th e r im p o r t a n t
S o u th e r n m a r k e ts w e r e a s fo llo w s :
A tla n ta .......... ..
9716 L ittle R o o k . . . .
9*4;
9 ^ N e w b er r y ___ _
938 M o n tg o m er y . .
C olum bus, G a.
9%
9^8 R a l e i g h ............
C olum bus, M iss
9^2 S e lm a ...............
9*8 N a s h v ille ........ .
9%
E u fa u la ............ .
9^4.
9*4 N a t c h e z .............
9^3 S h r e v e p o r t. . .
Re c e ip t s F ro m t h e P l a n t a t io n s .— T h e f o l l o w i n g t a b le
I n d ic a t e s t h e a c t u a l m o v e m e n t e a c h w e e k f r o m t h e p l a n t a t i o n s ,
T h e fig u r e s d o n o t in c lu d e o v e r la n d r e c e ip ts n o r S o u th e r n
c o n s u m p t io n ; t h e y a r e s i m p l y a s t a t e m e n t o f t h e w e e k l y
m o v e m e n t f r o m t h e p l a n t a t io n s o f t h a t p a r t o f t h e c r o p w h i c h
fin a lly r e a c h e s th e m a r k e t th r o u g h th e o u tp o r ta .
Week
Snd in o —
D oc.

2 ...

J

Rccflpt? a t the P orte. S V kat Interior Tmun?. Rec'pte fr o m P la n t1n*.
1SSC-01]1S91-92;18S2-03 lS90-t)l'1 S 9 1 -9 3 1892 03 139C-81 1991-f!2iJ892-i
293,161 248,355 4 30,943 521,419 396,627 2S1.583 313,083 J.296.122

“
9 . . . .2 3 7 ,5 2 9 205,504 255,910 469,189 o 5 4 J 5 4 432,454 295,775 3 2 8 ,8 5 9 '2 3 1 ,7 3 7
T ota l v is ib le s u p p ly ............ 4 ,3 9 9 ,0 1 9 4 ,7 0 7 ,5 5 7 3 ,5 2 3 .8 9 1 3 ,2 8 3 ,2 5 4
"
1 6 ... ..2 0 6 ,3 2 7 277.9S1 211,399 5 0 6 , 3 s e W , i e 3 455.149 303,524 330.693 2 3 4,084
P rice Mid. U p l.,L iv e r p o o l—
4d .
5 5 ,„d.
53jd.
P rice M id. U p l., N ew Y ork ___
9 i5 1(Jc,
77ie o.
9^3.
lO ^ .
“
2 3 ... ..2 7 0 .7 8 2 260.305 190,972 550.4 LO]630.014 4"8,952 314,806 2 8 2 3 9 3 ,2 0 4 ,7 7 5
“
3 0 ...
214,015 165.943 5 3 8 ,8 5 2 ^1 7 ,3 4 1 470,151 235,231 232,405 176,445
T h e im p o r t s i n t o C o n t i n e n t a l p o r t s t h e p a s t w e e k h a v e
J
a
n
.
6 . . . . 1217.177 214.250 126.U54 513.751 629,550 473,655 192.278 195,956' 1 2 0 ,2 5 5
b?f*n 8 5 ,0 0 0 b a le s ,
T h e a b o v e f ig u r e s i n d i c a t e a d e c r e a s e i n t h e c o t t o n i n s i g h t
T h e a b o v e s t a t e m e n t s h o w s ; 1 .— T h a t t h e t o t a l r e c e i p t s f r o m
t o - n i g h t o f 3 0 8 ,5 3 s b a le s a s c o m p a r e d w i t h t h e s a m e d a t e t h e p l a n t a t io n s s i n c e S e p t . 1 , i n 1 8 9 2 -9 8 , a r e 4 ,0 3 6 ,8 7 5 b a le s ; i n
o f 1 8 9 2 , a n i n c r e a s e o f 8 7 5 ,1 2 8 b a le s a s c o m p a r e d w i t h t h e 1891-92 w e r e 5 ,6 0 5 ,1 2 8 b a le s ; in 189C-91 w e r e 5 ,2 1 1 ,9 3 9 b a l e s ,
o o r r e s p o n d in g d a t e o f 1891 a n d a n i n c r e a s e o f 1 ,1 1 5 ,7 6 5 b a le ? ,
2 .— T h a t , a lt h o u g h t h e r e c e ip t s a t t h e o u t p o r t s t h e p a s t w e e k
a s c o m p a r e d w i t h 1890,
w a r e 1 2 6 ,0 5 4 b a le s , t h e a c t u a l m o v e m e n t f r o m p l a n t a t i o n s was
A t t h e I n t e r i o r T o w n s t h e m o v e m e n t — t h a t i s t h e r e c e ip t s o n l y 1 2 0 ,2 5 5 b a le s , t h e b a la n c e b e in g ta k < n f r o m t h e stocks at
fo r t h e w e e k , a n d s i n c e S e p t e m b e r 1 , t h e s h i p m e n t s f o r th e t h e in t e r io r t o w n s . L a s t y e a r t h e r e c e ip t s f r o m t h e p l a n t a t i o n s
w e e k a n d t h e s t o c k s t o - n i g h t , a n d t h e s a m e i t e m s f o r t h e for t h e w e e k w e r e 19 5 ,9 5 3 b a le s and f o r 1890 t h e y w ere
c o r r e s p o n d in g p e r io d o f 1 8 9 1 -S 2 — i s s e t o u t i n d e t a i l i n t h e 1 9 2 ,2 7 6 b a le s .

O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s i n c e S e p t . 1 ,—*
W e g i v e b e lo w a s t a t e m e n t s h o w i n g t h e o v e r l a n d m o v e m e n t
fo r t h e w e e k a n d s i n c e S e p t e m b e r 1, A s t h e r e t u r n s r e a c h n s
b y t e l e g r a p h l a t e F r id a y n i g h t i t i s im p o s s i b l e t o e n t e r 8 0
la r g e l y i n t o d e t a i l a s i n o u r r e g u la r m o n t h l y r e p o r t , b u t all
t h e p r in c ip a l m a t t e r s o f i n t e r e s t a r e g i v e n .
T h is w eekly
p u b lic a t io n i s o f c o u r s e s u p p l e m e n t a r y t o t h e m o r e e x t e n d e d
m o n t h l y s t a t e m e n t s . T h e r e s u lt s f o r t h e w e e k e n d i n g J a n . fia n d s in c e S e p t. 1 in th e la s t t w o y e a r s a re a s fo llo w s :

fo llo w in g s ta te m e n t.

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1 3 ,3 6 7

a ag
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X «v

* L o u isv ille figures “ n e t ” in b o th y e a rs,
t T h is y e a r ’s figures estim a ted .

T h e a b o v e t o t a l s s h o w t h a t t h e in t e r i o r s t o c k s h a v e d e c r e a s e d
d u r in g t h e w e e k 5 ,7 9 9 b a le s , a n d a r e t o - n i g h t 1 5 5 ,8 9 5 b a le s
l e s s t h a n a t t h e s a m e p e r io d l a s t y e a r . T h e r e c e i p t s a t a ll t h e
d l t o w n s h a v e b e e n 3 1 ,4 5 4 b a le s le s s t h a n t h e s a m e w e e k l a s t
y e a r , a n d s i n c e S e p t . 1 t h e y a r e 9 3 0 ,4 0 5 b a le s le s s t h a n f o r t h e
B a m e t im e i n 18 9 1 -9 2 ,
-• - / ^

18 9 1-92.
W eek.

S in c e
S e p t. 1 .

1,585
971
2.528
3,3 7 5
5,2 7 2

2 3 6 ,8 5 4
124,823
1 .0 ,8 1 6
1 1 ,1 5 6
8 3 ,195
6 0 ,9 8 3
9 8 ,1 2 9

1 8 ,361
1 4,069,
8 ,4 5 6
2 ,4 7 5
4 ,7 1 4
3 ,5 3 4
4 ,6 0 6

T o ta l g r o ss o v e r la n d ..................
D e d u ct sh ip m e n ts —
O verlan d to N . Y ., B o sto n , & c ..
B e tw e e n in ter io r t o w n s ..............
In la n d , &c., fro m S o u t h ..............

3 5 ,697

7 2 5 ,9 5 6

5C ,215 1 ,0 6 3 ,4 7 0

1 3 ,9 1 0
1.1S9

2 1 ,3 7 0

3 ,3 7 4

1 3 4 ,2 3 0
16,398
3 8 ,0 4 7

1,527

1 8 0 ,6 8 4
4 1 ,8 7 2
5 5 ,5 6 4

T o ta l to b e d e d u cted ..................

1 8 ,473

1 8 3 ,6 7 5

2 4 ,7 6 5

2 7 8 ,3 2 0

8,599

1,8 6 8

3 8 5 .5 5 3
2 3 3 ,9 1 2
1 2 2 ,7 6 0
2 0 .6 9 6
1 1 4 ,4 9 6
7 9 ,8 2 5
1 0 6 ,2 2 3

L ea v in e to t a l n e t o v e r la n d * .. 1 7 ,2 2 4 53 7 ,2 8 1 3 1 ,4 5 0 7 8 5 ,1 5 0
* InoLudinR m o v e m e n t by r a il to C anada.
T h e f o r e g o i n g s h o w s t h a t t h e w e e k ’s n e t o v e r l a n d m o v e m e n t
t h is y e a r h a s b e e n 1 7 ,2 2 4 b a le s , a g a i n s t 3 1 ,1 5 0 b a le s f o r t h e s a m e
w e e k i n 18 9 2 , a n d t h a t f o r t h e s e a s o n t o d a t e t h e a g g r e g a t e n e t
o v e r l a n d e x h i b i t s a d e c r e a s e f r o m a y e a r a g o o f 2 4 1 ,5 6 9 b a l e s .
1892-93.

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S h ip p e d —
V ia St. L o u is.....................................
V ia C airo.............................................
V ia H a n n ib a l....................................
V ia E v a n s v ille ..................................
V ia L o u ia v ille ...................................
V ia C in c in n a ti..................................
V ia o ilie r r o u te s, & e......................

I n S ig h t arid S p in n e r s '
T a k in g s .

MM

<)"© y oo7j 7-T-To• -- *

Week.

Sin ce
Sept. 1.

Ifeefr.

S in c e
Sept. 1.

1 8 9 1 -9 2 .
W eek.

S in c e
.Sept. 1 .

R e ce ip ts a t p o r ts to J a n . 6 ............ 1 2 6 ,0 5 4 3 ,6 9 1 ,8 5 4 2 1 4 ,2 5 0 .5 ,0 3 1 .5 0 7
N e t o v e rla n d to J a n . 6 ..................... 1 7 ,2 2 4 5 37,281 3 1 ,4 5 0 7 8 5 ,1 5 0
Sou th ern c o n su m p tio n to Ja n . 6.. 1 6 ,000 2 9 2 ,0 0 0 1 4 ,0 0 0 2 7 3 ,0 0 0
T o ta l m a r k e te d ............................ 1 59,278 4 ,5 2 1 ,1 3 5 2 5 9 ,7 0 0
In terio r s to c k s in e x c e s s ................. *5,799 3 45,021 * 1 8 ,2 9 4
C am e in to s ig h t d u rin g w e e k . 1 5 3 ,4 7 9
4,86 6 ,1 5 6
T o ta l in s ig h t Jan . 6 ..................

6J ! f 9 ,6 5 7
5 7 3 ,6 2 1

2 4 1 ,4 0 6
6 ,6 6 3 ,2 7 8

N orth ’n sp in n e r s t a k ’g s to Ja n . 6 .
1,020,323 , .......... fj.3 5 4 ,9 G &
* D e cr e a se du rin g w eek .
I t w i l l b e s e e n b y t h e a b o v e t h a t t h e r e h a s c o m e i n t o sight
d u r in g t h e w e e k 1 5 3 ,4 1 9 b a le s , a g a i n s t 2 4 1 ,4 0 6 bales for t t *
s a m e w e e k o f 18 9 2 , a n d t h a t t h e d e c r e a s e i n a m o u n t in s i g h t
t o - n i g h t a s c o m p a r e d w i t h l a s t y e a r i s 1 ,7 9 7 ,1 2 2 bales,
—©

J an uary 7, 1893.]

TOE CHRONICLE.

W e a t h e r R e p o r t s b y T e l e g r a p h .— Our telegraphic ad­
vice* this evening from the South indicate that rain has fallen
in about all localities during the week, and that in por­
tions of the Southwest the precipitation has been heavy. The
temperature continues low as a rule, but has ranged higher
than in the preceding week. The marketing of cotton has
been retarded by the unfavorable weather.
G a lv e sto n , T e x a s .— We have had one shower during the
week, the precipitation reaching forty-five hundredths of an
inch. The thermometer has ranged from 40 to 60, averaging
G4. December rainfall two inches and twenty-three hun­
dredths.
. „
,
„ ,
P a le stin e , T e x a s .— Rain has fallen on two days of the
week, to the extent of three inches and thirty-six hnndredths.
Average thermometer 48, highest 68, lowest 29. Rainfall for
the month of December eleven inches and four hundredths.
H u n ts v ille , T e x a s.— There has been heavy rain on two days
•of the week, to the extent of two inches %nd four hundredths.
The thermometer has averaged 49, the highest being 68 and
the lowest 30. Rain fell in December to the extent of five
•inches and ninety-six hundredths.
D a lla s, 2eatas.—It has been showery on one day of the
week, the precipitation reaching twenty-five hundredths of
-an inch. The thermometer has averaged 43, ranging from 28
•to 68. December rainfall three inches and six hundredths.
S a n A n to n io , T e x a s.— It has been showery on one day of
the week, the rainfall reaching fifty hundredths of an inch.
The thermometer has ranged from 22 to 70, averaging 46,
December rainfall, four inches and eighty-four hundredths.
L u tin g , T e x a s. —There has been heavy rain on one day dur­
ing Ihe week, to the extent of one inch and eighty hundredths.
Aveiage thermometer 47, highest 63, lowest 31. December
rainfall, four inches and ten hundredths.
C o lu m b ia , T e x a s. —The Brazos River is very high and still
rising. It lias been showery on one day of the week, the
rainfall reaching seven hundredths of an inch. The ther­
mometer has averaged 46, the highest being 65 and the lowest
28. Rainfall in December reached one inca and sixty-five
hundredths.
G uero, T e x a s . —We have had good showers on two days of
the week, the precipitation being seventy-seven hundredths
of an inch. The thermometer has averaged 50, ranging from
26 to 75. December rainfall, three inches and thrrty-eight
hundredths.
B r e n h a m , T e x a s. —It has rained hard on two days of the
week, the precipitation reaching two inches and forty-five
hundredths. Mud and water are everywhere and the river is
rising rapidly. The thermometer has ranged from 34 to 72,
averaging 53. The precipitation during the month of Decem­
ber was nine inches and twenty-nine hundredths.
B elto n , T e x a s . —We have had heavy rain on two days of
the past week, the rainfall reaching two inches and twenty
hundredths. Roads are impassable and field work impos-ible.
Average thermometer 40, highest 72 and lowest 20. During
the month of December the rainfall reached four inches and
;sixty-four bundiedtks.
F o r t W o r th , T e x a s. —There has been rain on one day, the
rainfall reaching twelve hundredths of an inch. The thermome er has averaged 47, the highest being 67 and the lowest
27. Dating the month of Decemoer the rainfall reached two
inches and sixty hundredths.
W e a th e rfo r d , T e x a s. —No rain has fallen the past week.
The thermometer has averaged 46, ranging from 26 to 65.
Month's rainfall two inches and twenty-four hundredths.
N ew O rleans, L o u is ia n a . —It has rained on one day of the
■week, the rainfall reaching forty-five hundredths of an inch.
The thermometer has averaged 51. December rainfall three
inches and twenty-two hundredths.
S h re v e p o r t, L o u is ia n a . —Rain has fallen on two days dur­
ing the week to the extent of one inch and forty-two hun­
dredths. Average thermometer 50, highest 66, lowest 32.
The rainfall in the month of December was seven inches and
forty-five hundredths, on ten days.
C o lu m b u s, M is s is s ip p i.— It has rained en two days of the
week, the precipitation reaching one inch and two hun­
dredths. The thermometer has averaged 44, the highest be­
ing 62 and the lowest 24. During the month of December we
had rain on eight days, and the precipitation reached six
inches and twenty-two hundredths.
L e la n d , M ississip p i.— The week’s rainfall has been three
inches and twenty-five hundredths. The thermometer has
averaged 48, ranging from 20 to 73. December rainfall, six
inches and ten hundredths, on ten days.
L ittle B o c k , A r k a n s a s . —We had copious rains on the first
three days of the week, but since Monday morning the
weather has been clear and bracing. The rainfall reached one
inch and seventy-four hundredths. Average thermometer 42,
highest 64 and lowest 20.
H e le n a , A r k a n s a s . —There has been heavy rain on two days
of the week, the rainfall reaching three inches and twentyseven hundredths; this morning the weather is cold and clear.
The thermometer has averaged 41, the highest being 60 and
the lowest 22. During December we had rain on fourteen
days, and the rainfall reached eleven inches and sixty-nine
hundredths.
Average thermometer 41, highest 74 and
lowest 12.
M e m p h is, Tennessee. —It has rained on three days of the
■week, to the extent of three inches and thirty-three hun
dredths, but the weather is now clear and cold. The ther­
mometer has averaged 39'6, ranging from 27 to 61T. During
the month of December the rainfall reached eleven inches and

47

ninety-five hundredths, on fourteen days, the greate-st rain­
fall on record for December.
N a sh v ille , Tennessee. —It has rained on four days of the past
week, the rainfall being one inch and eighty-nine hundredths.
The thermometer has ranged from 13 to 53, averaging 34.
December rainfall, six inches and forty-three hundredths, on
twelve days.
M obile, A la b a m a . —It has rained on two days of the week,
the precipitation reaching one inch and fourteen hundredth-;.
Average thermometer 51, highest 68 and lowest 33. Decem­
ber rainfall, seven inches and six hundredth*.
M o n tg o m e ry , A la b a m a .— Rain has fallen on one day of the
week, and the rainfall reached thirty hundredths of an inch.
There have been frost and ice on three days. The thermom­
eter has averaged 45, the highest being 55 and the lowest 36.
Rainfall for month of December four inches and seventyone hundredths, on thirteen days.
S e lm a , A la b a m a . —The weather has been cold and clear mo3t
of the week,* with only a trace of rain. The thermometer
has averaged 43, ranging from 23 to 64.
A u b u r n , A la b a m a . —We. have had rain the past week to tho
extent of forty-five hundredths of an inch. Ih e thermome­
ter has ranged from 15 5 to 59, averaging 41‘4.
M a d iso n , F lo r id a .—Telegram not received.
C o lu m b u s, G e o rg ia . —We have had rain on one day of the
week, the precipitation reaching forty hundredths of an inch.
The thermometer has averaged 41, the highest being 58 and
the lowest 24. During the month of December we bad rain
on eight days and the rainfall reached four inches and fiftytwo hundredth?.
S a v a n n a h , G eo rg ia .— There has been rain on one day of
the week, the rainfall reaching twenty-five hun Iredths of an
inch. The thermometer has averaged 49. Daring the month
of December the precipitation was three inches and seventeen
hundredths.
A u g u s ta , G eo rg ia . —The weatherhas been cold during the
week, with light rain on two day?, the precipitation reaching
thirty-eight hundredths of a i inch. The thermometer has
ranged from 24 to 62, averaging 44. December rainfall one
inch and twenty-two hundredths.
C h a rle sto n , S o u th C a r o lin a . —W e have had rain on two
days of the week, the rainfall reaching eighty-seven hun­
dredths of an inch. Average thermometer 49, highest 62 and
lowest 31. December rainfall two inches and fit ty-two hun­
dredths.
S ta te b u r g , S o u th C a r o lin a . —There has been rain on one day
of the week, to the extent of fifty-seven hundredths of an
inch, and there has been a trace of snow on one day. The
thermometer has averaged 41, the highest being 64-5 and the
lowest 19. December rainfall one inch and seventy-six hun­
dredths, on eleven days.
I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s .— The receipts
and nipments of cotton at Bombay have been as follow* for
the week and year, bringing the figures down to January 5.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR TEARS.
G reat 1 O ontir e a r G reat C o n ti­
B r iV n . n e n t. Total. B r ita in \ n e n t.
’92-3
’91-2
’90-1
’9-90

9.000 9.0 0 0
5.000 5.0 0 0
19.000 19,000
3,0 0 0 29.000 3 2 ,CO J
S h ip m e n ts fo r

Great
B r ita in .

Total.

1,0 0 0
1,000

1 0 3 .0 0 0
5 7 .0 0 0
6 9 .0 0 0
1 6 1 .0 0 0

4 3 .0 0 0
2 6 .0 0 0
5 7 .000
5 4 .0 0 0

2,0 0 0
3,0 0 0

3 .0 0 0
1.0 0 0

C ontinent.

1 0 ,0 0 0
1 5 .0 0 0

1 3 .000
1 4 .000

6 .0 0 0
8,0 0 0

1 9 .0 0 0
2 2 .0 0 0

1 8 .0 0 0
1 7 ,0 0 0

2 3 .0 0 0
2 0 .0 0 0

4 1 .0 0 0
3 7 .0 0 0

T h is
w eek.

S in c e
Sept. 1.

7 0 .0 0 0
7 4 .0 0 0

189C-91.
T h is
w eek.

Sines
Sept. 1.

9 .0 0 0
5 .0 0 0

1 0 3 ,0 0 0
7 0 ,0 0 0

5 .0 0 0
4.0 0 0

5 7 .0 0 0
7 4 .0 0 0

1 9 ,000
5,0 0 0

6 9 .0 0 0
8 0 .0 0 0

1 4 ,0 0 0

1 7 8 ,0 0 0

9 ,0 0 0

13 1 ,0 0 0

2 4 ,0 0 0

1 4 9 .0 0 q

B om b ay.............
A llo th e r p o r ts .
T o ta l...........

S in c e
Sept, 1.

Total.

7 .0 0 0
1 2 ,0 0 0

1 8 91-92.

1892-93.
T h is
w eek.

2 5 9 .0 0 0
1 6 8 .0 0 0
3 1 5 .0 0 0
3 9 3 ,0 0 q

3 .0 0 0
3.0 0 0

T otal a ll—
3 6 .0 0 0
3 4 .0 0 0
5 .0 0 0
3.0 0 0
1 8929 3 ...
2 ,0 0 0
4 0 .000
3 4 .0 0 0
4 .0 0 0
4 .0 0 0
1 8 9 1 -9 2 ...
EXPORTS TO EDROPE FROM ALL INDIA.
S h ip m e n ts
to a ll E u r o p e
fr o m —

Since
Sept. 1.

S h ip m e n ts sin ce S ep t. 1.

the w eek.

2 ,0 0 0
3,0 0 0

T his
W eek.

T o ta l.

6 ,0 0 0 1 02,000
5,0 0 0 | 5 2 ,0 0 0
7 ,0 0 0 6 2 ,0 0 0
3 7 ,0 0 0 127,000

G reat [ C ontiB r ita in , n e n t.
C alcutta—
1 8 9 2 -9 3 ...
1 8 9 1 - 9 2 ...
M adras—
1 8929 3 ...
1 8 9 1 - 9 2 ...
A ll o th e r s—
2,0 0 0
18929 3 ...
18919 2 ...

Receipt*.

S h ip m e n ts sin c e Sept. 1.

S h ip m e n ts th is w eek.

A L EX A N D R IA R E C E IP T S AND SH IPM EN TS.

A le x a n d r ia . E g y p t,
J a n u a r y 4.
R eceip ts (cantars*) —
T h is w e e k ....
S in ce 8 e p t. 1.

1 8 0 ,0 0 0
4 ,0 7 5 ,0 0 0
1 T h is I S in c e
w eek. | Sept. 1.

189C-91.

1891-92.

1892-33.
1
I

18 0 .0 0 0
3 ,3 7 9 ,0 0 0
T h is 1 /Since
w eek. 'S ep t. 1.

1

1 5 0 ,0 0 0
2 ,7 8 7 ,0 0 0
T h is 1 Sines
w eek. \Sepl. 1.

E xp orts (b a les)—
;10,000 1 63,000
To L iv e r p o o l.............. 1 0 ,0 0 0 21 7 ,0 0 0 1 3 .000 2 2 0 ,0 0 0 j 7 ,0 0 0 9 4 ,0 0 0
To C o n tin e n t.............. 11,0 0 0 | 1 30,000 1 7 .0 0 0 1 8 2 ,0 0 0
1 7 ,0 0 0 2 5 7 ,0 0 0
T o ta l E u r o p e .......... 2 1 .0 0 0 3 4 7 .0 0 0 3 0 .0 0 0 3 0 2 ,0 0 0
* A oam ar

is a s

p o u n d s,

THE CHRONICLE.

48

[VOL. LVI,

M a n c h e s t e r M a r k e t . —Our report received by cable to-nigh1,
L i v e r p o o l . —By cable from Liveroool we have the following
from Manchester states that the market is Arm for yarns and statement of the week’s sales, stocks, &e., at that port:
strong Ior shirtings. Merchants are not willing to pay present
prices. We give the prices for to-day below and leave those
Dec. 16.
Dec. 23.
Dec. 30.
J a n . 6.
tor previous weeks of this and last year for comparison:
189 1 -9 2 .

18 9 2 -9 3 .
32* Cop.
T w ist.
D eo. 2
“ 9
“ 16
" 23
“ 30
J a il. 6

a.
7%
7%
7 \
7 =>4
7Sj
77h

M id . 3 2 s Oop.
Tioist.
TJplds

8*4 lbs.
S h ir tin g s .

d. a. d. s.
'®8l9 5. 7» a®7
5 7^a>7
®85s 5 8 ® 7
'®858 5 8 ®7
-®S3a o 8 7t>7
a s s s 5 3>a®7

a.
2
3
3>fl
3L
3L
3 ls

a.
5^
5V i
5 >4
5 >4
5>1«
5%

a.
7
6Tfl
6 :tj
6 -It
6%
6 is

OoW.
M id
TJpla

8*4 lbs.
S h ir tin g s .

d.
s. a.
s. a.
11
®7=g 5 7
'@71e b
IO'-q
6*3®
6
10
*3
5
11
5 6
11
@ 71s 5 6
'©7*4 5 5 ® 6 9

d.
4f,ie
4616
414
4*4
4 3ls
4

O v e r l a n d M o v e m e n t , & € ., t o J a n u a r y 1 .— In

our editorial
columns to-day will be found our regular statements of
overland movement, receipts, exports, spinners’ takings, &c.,
brought down to January 1.
J u t e B u t t s , B a g g i n g , & C .— Transactions in jute bagging
during the week under review have been strictly moderate, but
the market continues steady at 5J£c. for 1% lbs., 6c. for 2 lbs.
and 6}^c. for standard grades. The market for jure butts has
been somewhat more active the past week on the basis of 1%
cents for paper grades and 2 cents for bagging quality, both
on the spot and for future delivery. The deliveries of jute
butts and reject ions at New York and Boston during Decem­
ber were 19,201 bales, against only 11,044 bales for the same
month last year, but for the calendar year 1893 the deliveries
reached but 329,620 bales, against 567,105 bales in 1891. The
aggregate stock in the hands of importers and speculators at
New York and Boston on December 31 was 44,250 bales,
against 34,000 bales at the corresponding date in 1891, and the
amount afloat for the United States reaches 237,743 bales,
against 147,642 bales last year.
S h i p p i n g N e w s . —The exports of cotton from the United
States the past week, as per la te s t m a il returns, have reached
74,485 bales.
T otal bales.
N e w Y o rk —T o L iverp ool, p e r stea m ers A rch im ed es, 8 0 8 ___
R unic, 6 9 0 ................................................................................................ 1 ,5 0 1
To H avre, per steam ers L a N orm andie, 4 1 5 ___ 8 t. B ernard,
2 5 0 ...............................................................................................................
665
To H am burg, per steam er P ick liu b en , 1 9 ............................ .........
19
To A ntw erp, per steam ers L evan to, 1 , 4 5 0 .. . R hynland, 8 5 2 2,302
To G enoa, per steam ers F u lda, 1 4 7 ___Ita lia , 5 0 0 .....................
647
N ew Or l e a n s —T o L iverpool, per stea m ers A rch itect, 3 ,8 5 0 ___
E lectricia n , 4 ,4 0 0 ___H a y tien , 4,3 7 5 ......................................... 12,627.
To B rem en, per stea m ers A kaba, 8 ,5 0 0 ___H a zel B ranch,
7 , 3 6 6 ... M areea. 5 ,8 7 1 ...................................................................... 2 1 ,7 3 7
Galv esto n —To B rem en, per steam ers C ity o f G loucester, 6 ,1 4 3
. . . T io n to .5 .3 i)6 ................................................................................... 1 1 ,539
B r u n sw ic k —T o B rem en, p er stea m er Storra Lee, 2 ,3 5 3 ............... 2,353
Ch arle sto n —To L iverpool, per steam er Sarm atia, 2 .6 7 5 up­
la n d and 9 4 9 Sea I s l a n d ................................................................... 3,6 2 4
To i a: oelona, per steam er Spanish Prince, 3 ,3 0 0 .....................
3,300
To G enoa, per stea m er S p anish P rin ce, 8 0 0 .................................
800
N e w p o r t N e w s —T o L iverp ool, per s te a m e r ------------- . 9 0 9 ........
9( 9
B oston —To L iverpool, per steam er Sagam ore, 1 ,7 8 7 .................
1,787
To Y arm outh, per steam er B oston . 80 ............................................
80
To H a lifa x , per stea m er H a lifa x , 3 0 0 ............................................
3C0
B altim ore —To L iverp ool, p er stea m ers B altim ore, 1 ,4 7 5 ___
C arthaginian, 2 ,9 3 1 ............................
4 ,4 0 6
To B rem en, per stea m er St u ttgart, 3 ,8 1 0 ..................................... 3 ,8 1 0
To R otterdam , p er steam ers E dam , 2 0 0 ....O h io , 1 9 6 .............
3 96
To A ntw erp, per stea m er Sorrento. 1 ,6 1 5 ....................................
1,615
PMLADi-LPnrA— l o L iverp ool, p er steam er Lord C live, 6 7 ...........
67
TotaL.............................................................................................................. 7 4 ,4 8 5

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
G a l v e st o n —T o L iv erp o o l—D eo. 3 1 -S te a m e r G lenfleld, 5 ,135.
To H a v r e -D c c 3 1 —ste a m e r B oddam , 6 ,3 7 6 .
To B rem en—Jan. 2—Steam er H eig h in g to n , 7 ,5 9 6 .
V e l a s c o —To L iverp ool—Jan. 6 —Steam er D rot, 6 ,2 0 5 .
N e w O r l e a n s — l’o L ivern ool—D ec, 3 0 —Steam er G racia, 5 ,100.
To H avre—D ec. 3 0 -S te a m e r Iran, 7 ,0 4 2 ___D ec, 3 1 -S te a m e r Angerton, 5 ,3 3 6 ........Jan. 3—Steam er E m ilian o, 4 ,2 0 0 . J an. 5—
Steam ers B ellarena, 2.837; M onrovia, 3 ,0 7 0 .
To Bren e n - J a n . 3 —Steam er Saltram , 3 ,0 0 0 ... Jan. 5 -S te a m e r
K n ig h t o l St. G eorge, 1 0 .9 7 7 .
To H a m b u r g -D e c. 3 1 -S te a m e r P o ly n esia , 9 5 0 .
To G enoa - Dec. 3 0 -S te a m e r In iz ia tiv a . 3 ,5 4 9 .
S a v a n n a h —To B it m en—D ec. 3 1 -S te a m e r R ed Cross, 7 ,6 0 0 .
B r o n s w ic k —To L it erpool—D ee. 31—S tea m er L eander, 4 ,1 9 8 .
To B rem en—Jan. 5 —S team er H ay G reen, 1,100.
W il m in g t o n - To B rem en—Jan. 4—Steam er H untcliff, 1 0 ,0 0 0 .

Cotton freights the past week have been as follows:
S a tu r .
L iverp oo l, steam .it
Do
la ter, rf.
H avre, s t e a m ...d.
Do
...............d.
B rem en, stea m ..rf.
Do
.............. a.
H am b urg, ste a m d.
>
Do
...........d.
-3
A m s’dam , steam .e.
3
E
R e v a l, ste a m ___d.
Do
.................. d.
B ’lo n a ,v ia M’si’s d.
G enoa, ste a m .-.r f.
T rieste,v. Lond’nrf.
A n tw erp , s te a m , d
Do
............rf.
* C ents ji^r 100 lbs,

M on.
;

;
;
j

Tues.
E64
7m
*8
....
3ie
533

3

%
w
:
:

2

|
|

W ednes. T h u r s.
564
7e4
*8
•

6e i
7fM

....
s16

S16

&■%.
564
7( 4
*8

5S2

....

__

532

S32

35*
S u ® 3*
....

35*
S ie® 3*

35*
S16®14

35*
316®34

S16
S16
7e»a>a

316
8ie

Al
3te
s 16
764® 38
....

P18

. .. .

....

....

Sales o l tlie w e e k ..............bales.
Of w hich e x p o r te rs to o k ___
Of w hich sp ecu la to rs took.

3 6 .0 0 0
5 1 .0 0 0
2 1 .0 0 0
3 2 .0 0 0
3 ,0 0 0
4.0 0 0
2 ,0 0 0
3 .0 0 0
1 4 .000
13,900
2,<>00
2 .0 0 0
3 1 .0 0 0
4 3 .0 0 0
1 8 ,0 0 0
2 5 .0 0 0
1 5 .0 0 0
7.0 0 0
1 2 .000
1 2 .0 0 0
5 1 .0 0 0
5 0 .0 0 0
3 9 .000
4 8 .0 0 0
Total stock —E stim a te d ........
1 .4 6 0 .0 0 0 1 .5 4 4 .0 0 0 1 .5 9 5 .0 0 0 1.6' 0 ,0 0 0
Of w hich A m erican—E stlm 'd 1 .2 7 7 .0 0 0 1 .3 5 1 .0 0 0 1 .3 8 3 .0 0 0 1 ,3 7 0 ,0 0 0
1 7 4 .0 0 0
Total im p ort o f th e w e e k ..........
145.000
9 3 .0 0 0
7 6 .0 0 0
Of w h ich A m erica n ................
1 4 8 .0 0 0 1 2 1 .0 0 0
6 8 .0 0 0
5 1 .0 0 0
2 1 6 .0 0 0
1 41.000
Amount afloat.............................
1 76.000
1 3 6 .0 0 0
Of w hich A m erican ...............
2 1 0 .0 0 0
1 7 0 .0 0 0
135.01 0 1 3 0 .0 0 0

The tone of the Liverpool market for spots and futures each
day of the week ending Jan. 6, and the daily closing price s
of spot cotton, have been as follows:
Spot.

S a tu r d a y M o n d a y . T u e s d a y . W ednes. Thursday.

M arket, I
1:45 p. m .J

Moderate
demand.

Firmer.

M id.Upl’ds.

5*16

S a le s___ . . .
Jpeo. & exp.

7 ,0 0 0
500

5 516
7 ,0 0 0
500

—
a

F u tu re s.
M arket, \
t:4 5 p. M. J

F r id a y .

Fair
Harden’*?. business
doing.

55ib
10,000

1,000

53s
1 0 ,0 0 0
1,000

Steady at
Steady at Steady a t
partially Irregular. 2-64 @3-04 1-6* @2-61
1-64 adv. |
advance, advance.

M arket, (
4 P. m . (

Quiet. | Steadier.

Very
steady.

Quiet.

The opening, highest, lowest and closing prices of futures
at Liverpool for each day are given below. Prices are on
the basis of Uplands, Low Middling clause, unless otherwise
stated:
t y The p r ic e s a r e g iv e n in pence a n d 6 4 th .
1 H3-64cf.. a n d 5 0 1 m e a n s 5 1-6 4 d.
S a t ,, D e c . 3 1 .

ftlo n ., J a n . 2 .

T h u s : 4 63 m ea n s
T u e s ., J a n 3 .
Open High Low. OlGBa

January —
Jan.-Feb ...
Feb.-Mch...
Mch.-April.
A.pril-May..
M ay-June..
June-July..
July-A ug...
A ug.-Sept..

d.
6 14
614
516
5 18
5 20
5 22
5 24
5 26
5 25

>
ai
£
E

W ed.-, J a n . 4 .

T h u r s ., J a n . 5 .

d.
5 15
5 15
5 17
5 19
5 21
5 23
5 25
5 26
525

d.
5 13
513
5 15
5 17
5 19
5 21
5 23
5 25
5 21'

d.
5 13
5 13
5 15
517
5 19
5 21
5 23
5 25
5 24

F r l„ J a n . 6 .

Open High Low. Olos. Open High. Lena. Olos. Open High Low. Olos.
January —
Jan.-Feb ...
Feb.-Meh...
Mch.-April.
April-May..
May-June..
June-July..
July-A ug...
Aug.-Sept..

d.
5 15
5 15
5 17
5 19
5 21
5 22
5 24
5 26
5 25

d.
5 15
5 15
5 17
519
5 21
5 23
5 25
5 27
5 25

l.
5 13
5 13
5 14
5 16
5 18
5 20
5 22
5 24
5 23

d.
5 13
5 13
5 15
517
519
5 21
5 23
5 24
5 24

d.
5 17
517
5 18
5 19
5 21
5 23
5 25
5 27
5 26

d.
5 17
5«
5 18
5 20
5 22
5 24
5 26
5 27
5 26

d.
517
5 17
518
519
5 21
5 23
5 25
5 27
5 26

d.
d.
5 17 5 21
5 17 5 21
5 18 5 22
5 20 5 22
5 22 5 25
52* | 5 27
5 26 5 29
5 27 531
5 26 5 30

d.
5 21
5 21
5 22
5 23
5 26
5 27
5 29
5 31
5 30

d.
5 19
5 19
5 20
5 22
5 24
5 26
5 27
5 29
5 28

d.
5.20
5 20
5 21
5 22
5 24
5 26
5 28
5 30
5 29

B R E A D S T U F F S .
F r id a y , J an u ary 6, 1883.

The market for flour has shown more activity, buyers com­
ing forward more freely in consequence of an improvement in
wheat. The demand has been pretty evenly distributed, both
high and low grades receiving a fair degree of attention, ship­
pers being the buyers of the former, while the home trade has
taken the latter. Corn meal has been firm but quiet. To-day
the market for flour was Aim but quiet. Corn meal was quiet
and unchanged.
The speculation in wheat has been fairly active, and during
the early part of the week prices made a moderate advance,
owing to decreased supplies in the United Kingdom, stronger
foreign advices generally and a belief that the Anti-option
Bill will be defeated. Later, however, the market turned
weaker under the Government’s final report of the last crop,
maki ng the total yield 515,949,900 bushels, or about 16,000,000
bushels more than was generally expected. Foreign advices
also turned weaker, and this, with a larger increase in the
amount of wheat in sight than looked for, helped to depresvalues. In the spot market prices have been advanced, checks
ing the demand. To-day the market opened easier in response
to weaker foreign advices, but later advanced on buying by
the West. The spot market was dull. No. 2 hard winter
quoted nominally at 3I£c. under May delivered and No. 1
Northern at J£c. over May delivered.

THE CHRONICLE.

J anuary 7, 1893.J

DAILY CLOSING PRICES OF NO. 2 RED W INTER WHEAT.

J a n u a ry d e liv e r y ___ . . . c .
F e b r u a ty d e liv e r y ..._ ..c .
M arch d e liv e r y ...........
M ay d e liv e r y ...............
J u n e d e liv e r y .............. ...0 .
J u ly d e liv e r y ..............

M on.

Sat.
78
79La
8C%
82%
8 2 7e
8312

a
O
W

Tues.
78%
7 9 >2
8U78
82%
83%
83%

Wed.
7 8 ‘a
79%
80%
83
83%
8 4 is

T hure.
78
79%
80%
82 J4
82%
8 .%

F ti.
78%

....

80%
«2%
83%
83%

Indian corn futures have been moderately active, and dur­
ing the fore part of the week the market advanced, sympathiz­
ing with the improvement in wheat, but subsequently part of
the improvement was lost, owing to the Government report es
timating the yield of the last crop at 1,628,000,000 bushels, being
larger than was generally estimated. The spot market, has
been firm but quiet. The sabs yesterday included No. 2
mixed at 49%c. in elevator and 50% oc50%e. delivered ; No. 3
mixed at 49J^c. delivered, steamer mixed at oOyeoOt^c. de­
livered and steamer yellow at 50%c. in elevator. To-day
the market was higher on buying by " shorts ” to cover con­
tracts, stimulated by a disappointing movement of the crop.
The spot market was fairly active, shippers being moderate
buyers. The sales included No. 2 mixed at SOJ-g ro51c. in ele­
vator and 5\% @ 51% c. delivered ; No. 3 mixed at 49c. in
elevator and steamer mixed at 49%'®50c. in elevator.
D A ILY CLOSING PR IC ES O P NO. 2 M IXED CORN.

J a n u a ry d e liv e r y ............o.0.
F eb ru ary d e liv e r y ......... o.
0.
M arch d e liv e r y ............... o.
M ay d eliv ery

S a l.
4 9 ha
50%
51%
51%

M on.
H
SO
*<

Tues.
49%
50%
51%
51%

w ed.
5 )
50%
51%
52%

T hurx.
4.1%
.^0%
51%
51%

Fra.
50%
5l%
52
52%

Oats have followed pretty closely after wheat and corn,
advancing during the early part of the week, but later turned
weaker, as the Government report made the yield of the last
crop 45.000,000 bushels larger than generally expected, or
661,000.000 bushels. To-day the market was a trifle stronger,
sympathizing with the advance in corn.
DA ILY CLOSING PRICES O F NO. 2 M IXED OATS.

Sat.
Sal.
J a n u a ry d e liv e r y ............o . , 36%
36%
F eb ru ary d e liv e r y ..........o.
.0. 37%
M ay d e liv e r y ..................... e. 39

M on.
M
s
<1

Tues.
36%
37%
39%

Wed.
37%
38%
39%

T h u r t.
36%
37%
39

F r \.
37
88
39%

Rye has continued in slow demand, but steady. Barley
has also been in light request, but values hold steady.
The following are closing quotations:
FLOUR.

F i n e ....................9 bbl. $1 7 0 ® $ 2 00 P a ten t, w in te r ............$ 3 8 5 ® $ l 25
B upertlne....................... 1 80® 2 15 C ity m ills e x tr a s ........ 3 8 5 ® 4 00
E x tr a , No. 2 ................ 1 95® 2 25 R y e flo u r.sn n e r ttn e .. 3 0 0 ® 3 15
E x tr a , No. 1 ................ 2 25® 3 0 0 B u c k w h e a t flo u r........ 1 6 5 ® 1 7 5
C le a rs............................. 2 8 5 ® 3 35 Coru m eal—
S t r a ig h ts ..................._. 3 40® 4 10
W estern, &o_______ 2 65 * 2 85
P a ten t, spring............
4 2 0 ® 4 60 . B ra n d y w in e.............
2 90
[W heat flour in sa ck s se lls a t p rices below th o se for barrels.]
GRAIN.

o.
70
78
64
68
36
41
37

o.
87
79%
80
80
39
46
38
43*2

C om , per b u sh .—
W est’n m ix e d . . . . .
Steam er N o 2 49%
WWestern
esternyye ello
lloww ....
Western
esternwwhhite
ite. .......
W
47
R yew e stern , per b u sh .
S ta te and J e r s e y ..
B a rley —N o.2W est’n.
S ta te 2 -row ed ........
S ta te 6 - r o w e d ___
.

W heat—
Spring, o e r b u sh . . .
R ed w in ter N o 2 . .
R ed w in ter ..............
W h ite .........................
O ats—M ix e d ..$ b u .
W h ite .........................
N o. 2 m ix e d ............
N o. 2 w h ite .......... I.

o.
44
i
4466
47
54
54
78
65
75

o
®
®

c.
52
50*2
52
53
60
60
80
68
80

|

D o m e s t ic C o t t o n G o o d s . — The exports of cotton goods
from this port for the week ending January 2 were 6,859
packages, valued at $314,353. their destination being to the
points specified in the table below:
N ew Y ork

18 9 2 .

1891.

Week. S in c e J a n . 1.

Week. S ince J a n . 1*

J a n . 2.

to

G reat B r ita in ............................
O ther E u r o p e a n .......................
C h in a ............................................
In d ia ..............................................
A rabia...........................................
A frica............................................
West In d ie s.................................
M exico..........................................
Central A m erica.......................
South A m e r ica .........................
Other c o u n trie s.........................

107
53
4,0 9 3
150
425
1
613
23
13 1
386
74

6 ,1 2 8
1,907
7 8 ,8 3 2
6,2 9 8
1 6 ,207
7 ,1 6 3
1 8 ,3 3 4
3,307
6,3 4 8
4 8 .5 6 9
3 ,0 8 8

T o ta l.......................................
C hina, v ia V a n co u v er.___

6,6 5 9

19 6 ,1 4 1
1 8 ,4 2 0

3,239

2 2 8 ,6 1 0
24,301

T o ta l...................................... 6,6 5 9
2 1 4 ,5 6 1
F rom N ew E n g la n d m ill p o in ts d irect.

3,2 3 9

2 5 2 ,9 1 1

....

62
2i
5 30
300

4,9 3 9
l|5 8 8
12 1 ,9 8 9
10,609
1 4 ,3 7 0
6 ,4 3 3
1 4 ,193
4 ,0 8 1
8,630
3 8 ,496
3,012

437
170
154
1,546
18

The value of the Now York exports since January 1 have
seen $10,072,265 in 1893 against $11,918,670 in 1891.
The great bulk of the business done in brown, bleached and
colored cottons has again been in completion of, or in partly
supplying buyers on recorded contracts Ne -v orders have been
kept within moderate bounds both by the cmsnrvative atti­
tude of buyers just n o v a n 1 the indifference of agents. Stocks
are merely nominal even in second-rate brands, a id the lead­
ers continue heavily sold ahead. The tone is very firm
throughout at the top of the m irket but no furiher advances
are recorded. Agents are kept very busj meeting the calls
for quick supplies by buyers who are anxious to secure deliv­
eries for their early trade. Good orders are rec > ded for
spriug fancies in printed calicoes, bat at first hands the de­
mand for light work in ginghams is moderate, althiugh there
has been a good distribution by jobbers. Business in print
cloths has been o d a moderate scale, but the market continues
firm at unchanged prices, which are on the basis of 4 1-16
cents for 64 square, a n i 'd% cents for 58x60s.
1892.
Stock o f P r in t C loths D ee. 31.
H eld by P ro v id en ce m a n u factu rers. N on e.
F a ll R iver m a n u fa c tu r e r s ...................
7 ,0 0 0

1892.
Jau . 2.
18 3 ,0 0 0
7 8 ,0 0 0

1891
.Ian. 3.
3 2 0 ,0 0 0
5 9 6 .0 0 0

T otal sto o k (pieoe3) ........ ............... 7 ,0 0 0
2 6 6 ,0 0 0
F o r e i g n D r y G o o d s . —This department has been

9 1 6 ,0 0 0

more act"
ive in forwarding imports against previous orders and a fair
amount of business is recorded through personal selections
from new stocks now opening up Staple woolen dress goods
and printed silks and fine cotton fabrics have been in good
request at firm prices, with fully an average trade in linens,
ribbons, gloves, &c.
I m p o r ta tio n s o f D ry G o o d s,

The importations of dry goods at this port for the week
ending Jan. 5, and since Jan. 1, 1893, and the same facts for
the corresponding periods of last year are as follows:
K
B
d j
ci, 7s

F o r other tables usually fflven h ere see pasre 33.

s

g
73223'

N e w Y o r k , F rid a y , P . M ., J a n u a ry 6, 1893.

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T H E DRY GOODS TR AD E.
There is little to report of the market at first hands this
week in the way of new features. The holiday on Monday
checked deliveries somewhat but since then the outward
movement has again been on a very extensive scale. For all
lines of cotton goods, outside of springprints, the new demand
has been moderate but toward the close of the week there was
a decided increase in the number of visitors moving around
informing themselves on the position and evidently laying out
plans for a resumption of buying. Prints have been in good
request at lately-established prices. The opening of the spring
lines of wash fabrics has been the feature of the week in the
jobbing trade, the display being an unusually fine one. Good
deliveries of these have been made from second hands against
orders already on the books, but the spot demand was quiet.
All jobbers report stocks at the end of last year smaller than
usual and the results of the whole year’s trade very satisfac­
tory in comparison with the preceding year.
D o m e s t ic W o o l e n s . —The demand for both woolen and
worsted trouserings and suitings has been better sustained
than usual for the first week of a new year. There has been
a fair number of buyers on the spot and mail orders hive
proved of considerable volume. Business has run more on
medium and low grades than on th° finest makes, some of
which have still to be shown by agents. What, with the
balance of spring orders yet to be filled and those
booked for heavy goods for next fall trade, manufacturers
are unu-ually well situated. Overcoatings are quieter
this week, a natural result of the large business
previou-lv sf cured by agents. Spring cloakings are opening up
but only limitt d lines are on the market. Union cassimeres
are doing better and some leading makes are now reported
heavily over-sold. The cold weather has brought forward a
fair nimbi r of orders for flannels and blankets for immediate
requirement*. Woolen and worsted dress goods continue
quiet.

49

THE CHRONICLE.

60

S ta te

C ity D e t a ^t m ^

and
TERM S

t.

[V ol . L V I.

§54,100,010 over that of last year. This increase will morethan cover the increase in the budget, so that the tax rate maystill be kept at §18 50 per §1,000, if it does not go lower.

OF S U B S C R IP T IO N .

Figures from Mayor Gilroy's Message.—New York’s in­
coming Mayor sent bis message to the Common Council on
C o m m e r c ia l a n d F i n a n c ia l C H R O S I C L E con­
Thursday of this week, and his report of the city’s i idebtedtains 4 0 to 6 1 pages published every week.
ness on January 1 1893 is given below in connection withS t a t e a n d C ity S u p p le m e n t of C H it O S I C L E con­ corresponding figures for previous years, which are taken
tains 1 8 0 pages published several times each year.
from our State and City Supplem ent .
I n v e s t o r s ’ S u p p le m e n t of C H R O N IC L E (a Cyclo
psedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year § 1 0 .0 0 ,
which includes every issue of both S upplements .
T h e p u r p o s e o f t h is S t a t e a n d C ity D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the S tate and City S upplement . In other
words, 'with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
ehall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e and City Supplement to as near the current date as
possible. Hence if every Subscriber will note in his S upple ­
m e n t on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
bs found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.

J a n . 1 18 9 3 .
T otal fu nded d e b t,.$ 1 5 5 ,1 6 1 ,9 7 3
Sin king fu n d s, e t c . . 5 6 ,5 3 2 ,4 0 6

J a n . 1 1892.
$ 1 5 0 2 9 8 ,8 6 9
5 2 ,7 8 3 ,4 3 3

J a n . 1 1891
$ 1 4 6 ,3 7 1 ,0 2 3 :
4 8 ,0 1 3 ,7 9 3

N e t fu n d ed d e b t.. $ 9 8 ,6 2 9 ,5 6 7
3 6 6 ,0 8 3
R e v en u e b o n d s........

$ 9 7 ,5 1 5 ,4 3 6
3 4 ,6 0 0

$ 9 7 ,8 5 7 ,2 3 0 2 0 7 ,1 8 8

T otal n e t d e b t .. . . $ 9 8 ,9 9 5 ,6 5 0

$ 9 7 ,5 5 0 ,0 3 6

$ 9 8 ,0 6 4 ,4 1 8 '

The increase in the total net debt during the past twelve
months is shown to be §1,116,399-55, while the amount of new
bonds issued in the same period was §9,689,919-30. The Mayor
speaks as follows of the city’s high credit and the possibility
of refunding the old 6 and 7 per cent bonds when due by a&
issue bearing only 2).^ per cent.
In his message of January 10 1888 to the Board of Aldermen
Mayor Hewitt declared that “ the city bonds now command
as high a price as British consols, which are generally regarded
as the standard of security throughout the civilized world.”
it must be a source of pride and gratification to the people of
this city that while British consols have not shrunk in value
since these words were written, they have yet ceased to be
the standard by which the value of securi ies is measured, andi
that the
per cent bonds of this municipality, which sell at
a premium on the open market, have become the highest
“ standard of security throughout the civilized world.”
The interest on the city debt for the past year amounts to
§6,764,300 42. If the city debt could be refunded by an issue
of new bonds bearing 2 per cent interest, this feature of the
tax levy would be reduced §2,885,251 08. The outstanding,
bonds were, however, issued some ten or fifteen years ago,
when the credit of the city was so low that it was forced to
pay 5, 6 and 7 per cent in order to secure a market for its obli­
gations. The bonds bearing the highest rate of interest w ill
fall due in 1904, and if the credit of the city be maintained at
its present high standard, there should bs no difficulty in re­
placing them by a new issue bearing a rate of interest not to
exceed
per cent per annum.

New York City’s Allowance for 1893.—The municipal
budget for 1893 was finally settled last Saturday, and the
total amount to be raised by taxation to carry the city govern­
ment through the coming year was fixed at §34,444,154 68, an
increase of §1,562,949 49 on the amount which was required for
1892. As was explained in these pages two weeks ago, §1,155,953 42 of this increase is due to the increase in State taxes, so that
the actual increase for city expenditures is but §406,996 07.
The following statement shows the appropriations made
Boston’s Debt as Reported by Mayor Matthews.—A c­
for the year 1893, the amounts asked for in the departmental
cording to statements made by Mayor Matthews in his inaug­
estimates for 1893 and the amounts allowed for this year, as
ural address, delivered on Monday of this week to the Bos­
just fixed by the board:
ton Common Council, the net debt of that city on Dec. SI
Objects
A llo w e d
A sked
A llowcd
a n d Purposes.
f o r 1892.
f o r 18S3.
f o r 18o3. 1892 was §30,539,289 97, or §161,068 37 less than on Dec. 31
3
$
$
1891 and §514,207 01 less than on Dec. 31 1890. There is now­
T h e M a y o ra lty...................
2 8 ,0 0 0 0 0
2 8 ,0 0 0 00
2 8 ,0 0 0 6 0
T h e Common C ouncil___
7 6 .S 0 0 00
8 6 ,8 0 0 00
88.000 00 in the city treasury §881,240 53 derived from loans and ap­
T h e F inance D e n t.............
3 0 0 .2uO 00
3 0 0 2 0 0 00
3 0 1 ,7 0 0 00 propriated for permanent improvements. The additions to
I n te r e st ou city d eb t........ 5 ,1 5 1 ,7 7 0 94
4 .9 4 S .1 5 9 7S
4 ,9 4 8 ,5 8 2 09
P r in cip a l o f c ity d e b t___ 1 ,1 9 0 ,4 2 8 36
1 .3 0 2 ,7 6 9 13
1,499,021 10 the sinking funds will amount to about §2,800,000 during the
S ta te ta x e s , & c................... 2 ,3 9 3 ,5 0 4 91
3 ,5 5 4 ,4 5 8 33
3 ,5 5 4 ,1 5 8 33 year. It will therefore be possible to spend for permanent
R e n ts .......................................
1 2 6 ,0 2 5 00
1 2 7 ,0 5 0 00
1 1 3 .5 5 0 00
A rm ories, &c., r en ts.........
3 9 ,0 5 0 0 0
3 9 ,0 5 0 00
3 9 ,0 5 0 00 improvements nearly §4,000,000 without increasing the net
4 9 ,6 4 0 0 0
A rm ories, &e., w a g e s ___
4 9 ,7 7 6 00
5 9 ,568 00
J u d g m e n ts............................
7 5 0 .0 0 0 0 0
1 2 5 .0 0 0 0 0
3 7 5 .0 0 0 00 debt of the city.
L aw D e p a r tm e n t...............
2 1 3 .5 0 0 00
2 0 3 ,2 0 0 00
2 0 2 .0 0 0 00
Concerning new indebtedness to be incurred during the
P u b lic W orks....................... 3 ,1 4 8 ,7 7 0 0 0
3 ,1 1 6 ,5 4 5 00
3 .0 1 4 .0 0 0 00
P u b lic Parks....................... 1 ,0 0 3 ,1 5 0 00
1 .3 3 1 ,5 1 8 75
1 ,0 9 -,4 5 5 00 coming year the Mayor writes as follows :
S tre e t im p ro v em en ts___
3 1 0 ,2 0 0 00
5 5 7 ,8 7 2 0 0
3 5 0 ,4 7 2 00
The next duty of the new city government w ill be to pass aP u blic C harities an d Cor. 2 ,1 7 0 ,1 2 5 00
2 ,6 4 9 ,5 1 0 00
2 ,2 2 5 ,4 2 5 00
H e a lth D ep a rtm en t.........
4 3 5 ,1 3 8 0 0
4 3 9 ,8 3 6 00
4 7 0 ,2 3 6 00 loan bill, which, under the law, must be restricted to perma­
P o lice D ep a rtm en t........... 5 ,0 4 5 .4 6 8 31
5 ,3 6 6 .5 3 2 Oo
5 ,3 0 9 ,8 3 6 04 nent improvement. * * * The present borrowing capacity
Street, C leaning D e p t___ 1 ,9 7 3 ,5 4 0 00
2 ,5 6 9 ,2 5 3 0 0
2 .2 0 0 .0 0 0 00
F ire D ep a rtm en t.............. 2 ,3 0 1 ,2 8 2 0 0
2 ,5 6 8 .4 7 6 00
2 ,2 2 3 ,1 3 5 50 of the city is §3,910,618, I shall refrain from specifying, ex ­
D ep a rtm en t o f B u ild iu g s .........................
2 5 2 ,3 7 0 0 0
2 1 4 ,2 5 0 00 cept in a general way, the objects which the city council
T a x e s and A sse ssm e n ts.
1 2 0 ,5 2 0 0 0
1 1 9 ,8 2 0 0 0
1 2 8 ,2 1 0 OO should bear in mind in preparing the loan order. From §200,B oard o f E d u ca tio n .......... 4 ,4 4 8 ,3 5 5 64
4 .S 9 3 .3 6 5 62
4 ,4 3 0 ,4 4 8 23 000 to §300,000 will be required for new schoolhouses and
C ollege o f C ity o f N . Y ..
1 4 3 ,0 0 0 00
1 5 0 .0 0 0 00
1 5 0 .0 0 0 OO
The N orm al c o lle g e ..........
1 2 5 ,0 0 00
1 2 5 .0 0 0 0 0
1-25,00 I 00 sites ; about §100,000 for the completion of the new hospitals
P r in tin g , & c.........................
2 5 6 ,2 0 0 0 0
2 0 8 .0 0 0 00
2 6 8 .0 0 0 00 at Long Island, and for a separate establishment for women:
E x a m in in g B o a rd s............
2 6 .0 0 0 CO
2 5 .0 0 0 6 0
2 5 .0 0 0 00 and about §400,000 for additions to the city hospital. From
Coroners ...............................
5 4 ,7 0 0 00
5 4 ,7 0 0 00
5 4 ,700 0 0
C om m issioners o f A ec’ts .
3 2 ,5 0 0 oO
3 5 .0 0 0 0 0
3 2 ,500 00 §500,000 to §1,000,000 could well be used for street construc­
T h e Sheriff............................
1 2 0 ,2 3 2 00
1 2 2 ,2 1 2 00
1 2 1 ,378 66 tion, and the rest of the am mnt, which can prudently be bor­
T he R e g iste r .......................
1 3 0 2 5 0 00
1 3 0 ,0 0 0 00
1 3 0 ,000 00 rowed during the year, should, in my judgment, be devoted
B u reau o f E le ctio n s........
4 1 1 ,3 0 0 0 0
3 8 0 ,5 6 0 0 0
3 7 0 ,4 0 0 00
F u b lie R ecord s...................
4 5 ,9 3 0 00
4 5 .4 6 0 60
4 5 ,1 6 0 00 chiefly to the opening of new thoroughfares forthe accommo­
S treet and park o p en in g s
3 0 0 . h15 20
8 5 .3 5 8 62
1 5 4 6 44 83 dation of trade and travel in the business centre of the city,
J urors’ fe e s ...........................
5 0 0 0 0 00
4 0 .0 0 0 00
60,om oo and thence in radiating lines to the various suburban sections.
S alaries—i ity C ourts___
3 8 3 ,3 0 0 00
3 -3 ,3 0 0 00
S a la r ie s- J u d ic ia r y .......... 1 ,0 9 8 ,8 1 0
M isc e lla n e o u s.....................
1 7 4 ,1 4 7
L ibraries................................
2 7 ,5 0 0
C haritable in s tit u tio n s .. 1 ,2 3 2 ,7 1 6

00
75
00
10

T o t a l s . . . . .........................3 5 .8 8 1 ,2 0 5 19
L e s s gen eral fu n d ............ 3 ,0 0 0 ,0 0 0 0 0
T otals.

.3 2 ,8 8 1 ,2 0 5 19

1 ,1 2 8 ,8 0 2
1 0 2 ,1 2 0
4 0 .0 0 0
1 ,3 1 7 ,6 0 9

62
00
00
9J

3 8 3 ,3 0 0
1 ,1 3 9 ,9 9 0
1 2 0 ,2 2 8
4 0 .0 0 0
1 ,3 0 5 ,1 7 7

00
OO
77
00
13

3 9 ,0 6 2 ,5 1 7 8 0 3 7 .4 4 4 ,1 5 4 69
.............................
3 ,0 0 0 ,0 0 0 00
3 4 ,4 4 4 ,1 5 4 68

It will be seen from the above that the Board has cut down
the total amount asked for by the various departments
§1,618,368 12.
The assessed valuation of the city for 1892 was §1,828,264,275,
an increase of §42,406,987 over that for 1891. Upon this the
tax rate was fixed at §18 50 per §1,000. It is estimated that
for 18S3 the assessment will be §1,882,364,295, an increase of

Minneapolis, Minn.—The Minneapolis T r ib u n e of January
1 1893 gives the following figures, which, if accurate, tell a n
interesting story of the progress of that city during the past
year.
M an u factu rin g ontp u t 1 8 S 2 ...; .............$ 1 2 0 ,0 0 0 ,0 0 0
In crease o ver 1 8 9 1 .. $ 2 0 ,0 0 0 ,0 0 0
P o sta l rec e ip ts 1892.
$ 4 7 0 ,9 5 0
In c re a se o v er 1 8 9 1 ..
$ 6 9 ,8 2 2
Lum ber produ ction,
fe e t, 1 8 9 2 ................. 4 8 8 ,0 0 0 ,0 0 0
In c re a se o ver 1 8 9 '..
4 1 ,0 0 0 ,0 0 0
Flour ir illin g c a p a c i­
t y , b b ls.. dail y ..........
4 6 ,0 0 0
B ankin g cap ital. ’9 2 . $ 9 ,9 1 0 ,0 0 0
In c re a se o v er 1 8 9 1 ..
$ 8 6 5 ,0 0 0
B ank clea rin g s 1 8 9 2 .$ 4 4 0 ,0 0 3 ,8 7 4
In crea se o ver 1 8 9 1 .. $ 7 3 ,0 0 0 ,0 0 0

Flour o u tp u t, bid s.,
1 8 9 2 .............................
9 ,7 4 7 ,3 2 5 In c re a se o v er 1 9 9 1 ..
1 ,8 7 8 ,378W h eat r ec e ip ts, bu.,
1 8 9 2 ............................. 7 1 7 9 0 .7 2 0
In crea se o v er 1 8 9 1 ..
1 4 ,0 0 0 ,0 0 0
T otal b a n k in g fu nds,
1 8 9 2 ............................. $ 6 0 ,0 0 0 ,GOG
School enrollm ent,’D2
2 6 ,0 0 0
J ob b in g trade 1 8 9 2 ..$ 2 7 9 ,0 0 0 ,0 0 0
P ark s, acres, 1 8 9 2 ...
1 ,4 7 8
V a lu e............................... $ 5 ,0 0 0 ,0 0 0
E le v a to r
c a p a c ity ,
bu., 1 8 9 2 .................... 1 9 ,4 0 0 ,0 0 0 /

THE CHRONICLE.

J a n u a r y 7,1893.]

State of New York.—Governor Flower’s message to the
legislature this week contains the following paragraph on
th e State’s finances :
The financial condition of the State is very satisfactory.
There is practically no State debt. The only outstanding
obligations are virtually already provided for. They consist
•of $150,000 balance of canal debt, which matures next Octo­
ber, and for the liquidation of which there is now sufficient
money in the Canal Fund; and of $300,000 Niagara Reserva­
tion bonds, the last of which do not mature until 1895, but
all of which can be paid at auy time from surplus moneys
now in the treasurv, with the proper legislative authority.
The following table shows the financial operations of the
treasury during the last fiscal year :
C ash in tr e a su ry to c red it o f g e n e r a l fu nd Oct. 1 1 8 9 1 . $ 5 ,2 3 1 ,2 7 0 -16
R e c e ip ts from a ll so u rces du rin g th e fisca l y ear ca ttin g
_____
S e p t. 3 0 1 8 0 2 ................................................................................... 6 ,5 o 3 ,9 9 3 16

Total ................................ - ............. - ........................ ............... .$ 1 1 ,7 8 5 ,2 0 3 02
•P aym en t*'fro m gen era l lu n d d u rin g B scal year en d in g
S e p t. 30 1 8 9 2 ................................................................................... 1 0 ,0 3 3 ,7 7 6 60
B a la n c e in trea su ry O ct. 1 1 8 9 2 ........................................ $ 1 ,7 0 1 ,4 8 7 02

Considering that no tax was laid during the last fiscal year
for general purposes of government, this is a particularly
gratifj ing showing.
Mayor ilootly’s Report of Brooklyn’s Debt.—Mayor Boody,
o f Brooklyn, sent bis annual message to the Common Council
•on January 2 1893 and he reports that the city’s total debt on
December 29 1892 was $46,513,111 95, showing an increase of
$4,088,321 54 over last year. Bonds to the amount of $6,736,4544 92 were issued in the year, and $1,339,000 were redeemed,
making the increase $5,397,344 92. The amount in the Sink­
in g Fund was $800,000, leaving the net debt about $1,000,000
short of the limit set by law—10 per cent of the real estate
valuations. The Mayor called attention to the need of a j udic­
ia l determination of the question whether the tax certificates
and water bonds could not be deducted from the net debt be­
fore comparing it with the 10 per cent limitation, as the laws
of 1B92 and the Constitutional provision conflicted.

CALLED

BONDS.

X e n i a , Oh io

THE

XENIA,

Debt of North Carolina. — A telegraphic.freport from
Raleigh dated January 3 1893 says that under the act commut­
ing the State debt it is officially stated that old bonds amount­
ing to $11,405,000 have been surrendered in exchange for
$3,299,000 of new 4 per cent bonds, leaving now outstanding
$1,221,500 of old bonds to take up, which will require
$316,800, making the entire possible 4 per cent debt $3,615,700. ‘
The State holds $150,000 of these bonds and the Board of Edu­
cation $130,000,
The amount of 6 per cent bonds outstanding is $2,720,000.
This is the entire bonded debt. Interest on the latter bonds is
paid by dividends on the State’s stock in the North Carolina
Railway. The estimates of the expenses of the State Govern­
ment for this year and next year are $864,000. The estimated
resources are $919,000.
Delaware Finances.—In his annual message to the Legisla­
ture Governor Reynolds of Delaware speaks of the healthful
financial condition of the State and mentions the fact llqtt
the debt of the Junction Sc Breakwater Railroad to the State
has been reduced from $400,000 to $185,000, reducing the
State’s interest-bearing debt by $215,000. The invest menta
for the general fund are shown to be $487,100, those for the
school fund $544,742, making a total amount of credits of
$1,031,847. The total amount of liabilities is $684,750, so that
there is an excess of State assets over liabilities of $347,092.
B o n d P r o p o s a ls a n d N e g o t ia t io n s .—We have re­
ceived through the week the following notices of bonda
recently negotiated and bonda offered and to be offered for
sale.
Boston, Mass.—(State and City S upplement , page 21.)—
Notice has been given that 5 per cent bonds amounting to

N E W LOANS.

N E W LOANS.

W E OWN AND O F FE R

Municipal Securities.

8 7 5 0 ,0 0 0

P o r t o f P o rtla n d , O re., “ G o ld ” ........................... 5*

J a n u a r y 1 5 th , 1893.

C IT Y

OF

OHIO,

H a s c a ll e d t h e f o llo w in g b o n d s f o r p a y m e n t o n
J a n u a r y 1 5 th , 1893, a t w h ic h t i m e i n t e r e s t o n t h e
■a a m e w ill c e a s e :

855,700.
D a t e d S e p t. 1 s t, 1880.
R e d e e m a b l e iu p a r t a t a n y t i m e fiv e y e a r s a f t e r
d a t e ; r e m a in d e r a t a n y t im e s e v e n y e a r s a f t e r d a te ,
. a t o p t i o n o f C ity .
B e a r in g 5 yz p e r c e n t i n t e r e s t .
I s s u e d f o r t he r e d - m p tio n o f o th e r b o n d s.
N o s 1 to 27, $1,000 e a c h .
N o - 28, $500.
N o s . 31 t o 83, $5r 0 e a c h .
N o s . 29 t o 30, $350 e a c h .

$ 8, 0 0 0 .
D a t e d A u g u s t 1 s t, 1882.
R e d e e m a b l e a t a n y t i m e a f t e r A u g u s t 1 s t, 1883, a t
o p t i o n o f C ity .
B e a r in g 5 p e r c e n t in te r e s t.
I s s u e d f o r E l e c t r i c - L i g h t P l a n t f o r l i g h t i n g C ity .
N o s . 1 t o 16, $500 e a c h .

CITY OF ROCHESTER
3 1-2 Per Cent 10-20 Year

R EFU N D IN G

BONDS,

DATED FE BR U A R Y

1, 1S93.

$ 15 ,0 0 0 .
D a t e d J u n e 1 5 th , 1883.
R e d e e m a b l e a t a n y l im e a f t e r J u n e 1 5 th , 1891, a t
o p t i o n o f c ity .
B e a r in g 5 p p r c e n t i n t e r e s t .
I s s u e d for. w id e n in g c h a n n e l o f S h a w n e e R u n a n d
• r e p a ir i n g d a m a g e s by f r e s h e t .
N o s . 1 t o 1", $100 e a c h .
N o s . 11 t o 20, $500 e a c h .
N o s . 21 t o 29, $1,000 e a c h .

$ 2 ,5 0 0 .
D a t e d F e b . 1 0 th , 1889.
R e d e e m a b l e a t a n y t im e a f t e r F e b . 1 0 th , 1890, a t
o p t i o n o f c ity .
B e a r in g b)£ p e r c e n t i n t e r e s t .
I s s u e d f o r in c r e a s i n g e ffic ie n c y a n d c a p a c i ty o f
€ l e c t r i c - l i g h t p l a n t.
N o s . 1 t o 5, $5o0 e a c h .
A ll o f t h e a b o v e - m e n ti o n e d b o n d s a r e r e q u i r e d to
p r e s e n t e d f o r p a y m e n t a t t h e office o f t h e C ity
T r e a s u r e r o f s a id c it y , o r a t t h e office o f S e a s o n f g o o d & M a y e r , C i n c in n a ti, O h io , a s t h e h o l d e r s m a y
p r e f e r , o n o r a f t e r J a n u a r y 1 5 ih , 1893, a t w h ic h d a t e
t h e i n t e r e s t o n a ll o f s a id b o n d s w ill c e a s e .

Seasongood

&

Mayer,

C IN C IN N A T I, O H IO .
R y o r d e r o f t h e C tty C o u n c il o f X e n f a , O h io .
G E O R G E V . GOOD, P r e s i d e n t .

C . F . L O G A N , C it y C l e r k .

“
“

F iu d la y , O hio............................................... 6 s
W ellaton, O hio................. - .......... 5s and 6 s

“

La G rande, Ore., G old.............................. 6 s

“

N eb rask a C ity, N e b ........... ...................... 63

“

Sp rin gfield, Ohio, S c h o o l....................... 6 a

“

F o r t W ayno, Xnd........................................ 53

“

N ew ark , O hio............................................... 53

Coffin & Stanton,

“
“

U h rich sviU e, Ohio......................................6 a
C levelan d , O hio.......................4 k s and 5s

BA N K ER S,

“

P o r t T ow n sen d , W ash., “ G old ”......... 6 a

73 B R O A D W A Y .

$ 1 5 3 ,0 0 0
FORT W O R T H , TEXAS,

$ 4 ,0 0 0 .
D a t e d A p r il 1 5 th , 1883.
R e d e e m a b l e a t a n y t im e a f t e r A p r il 1 5 th , 1888, a t
• o p ti o n o f C ity .
B e a r i n g 5}4 p e r c e n t i n t e r e s t .
I s s u e d f o r c o m p le tin g w o r k o f l ig h t in g t h e c ity .
N o s . 1 t o 8. $5u0 e a c h .

C ity o f R en sselaer, Ind., S c h o o l......................... 6 s

P R IC E A N D P A R T IC U L A R S ON A P P L IC A T IO N .

$ 4 ,0 0 0 .
D a t e d O c t. 1 ,1 8 8 2 .
R e d e e m a b l e a t a n y t i m e a f t e r O c t. 1 s t, 1883, a t
• o p t i o n o f C ity ,
B e a r in g 5 p e r c e n t in te r e s t.
I s s u e d f o r e re c io n o f w o r k .o u s e .
N o s . 1 t o 8, $500 e a c h .

51

City Bonds for Sale.
S e a le d b id s w ill b e r e c e i v e d b y t h e u n d e r s i g n e d .
M a y o r a n d F i n a n c e C o m m itte e o f t h e C ity o f F o r t
W o r t h , T e x a s , u n t i l 12 o ’c lo c k n o o n , o n J a n u a r y
2 0 th , 1893, a t t h e N a t io n a l B a n k o f t h e R e p u b lic
N e w Y o r k C ity , f o r t h e p u r c h a s e o f o n e h u n d r e d
a n d f ifty - e i g h t b o n d s o f o n e t h o u s a n d d o l la r s e a c h
is s u e d f o r f u n d i n g p u r p o s e s a n d d e s ig n a t e d a s “ F i r s t
S e r ie s R e d e m p ti o n B o n d s ,” d a t e d M a y 1 s t, 1893.
b e a r i n g i n t e r e s t a t 5 p e r c e n t p e r a n n u m , p a y a b le
s e m i - a n n u a l ly , a s p e r c o u p o n s a t t a c h e d —b o t h I n t e r ­
e s t a n d p r in c ip a l p a y a b le i n g o jd c o in in t h e C ity o f
N e w Y o r k —d u e M a y 1 st, 1923.
E a c h b id m u s t b e a c c o m p a n ie d b y a c e r tif ie d c h e c k
f o r $5,000, p a y a b le t o t h e o r d e r o f B . B . P a d d o c k .
M a y o r. T h e r i g h t t o r e j e c t a u y a n d a ll b id s is r e ­
se rv e d .
A ll b id s t o b e a d d r e s s e d t o t h e M a y o r a n d F i n a n c e
C o m m itte e o f t h e C ity o f F o r t W o r t h , iu c a r e o f t h e
N a t io n a l B a n k o f t h e R e p u b lic , N e w Y o r k C ity , a n d
e n d o r s e d “ B id s f o r B o n d s .”
B . B . P A D D O C K , M a y o r.
G E O R G E E . N IK S ,
J . P . N IC K S .
J E S 3 E JO N E S ,
F i n a n c e C o m m itte e .
F o r t W o r t h , T e x a s , N o v e m b e r 25,1 8 9 2 .

“

A llia n ce , O hio.............................................. 6 a

“

In d ia n a p o lis, Ind........................................ 6 a

“

A sh ta b u la , O hio.......................................... 6 a

“

Su perior, W i 3............................................... 6 s

“

C anton, O hio.............................

“

T rein ont, XU., S c h o o l................................ 63

5a

L u cas C ounty, O hio.............................................. ■t'ea
J a sp e r C ounty, I n d ................................................—6 «
MarsliaU C ounty, I n d .............................................. 5a
M ilw aukee Counts', W la..........................................
C aster C ounty, Id ah o, G o ld .................................7 s
N ew H a v e n (Conn.) S tre e t R aU w ay, G old. ..5 a
O ttum w a (Towa) S treet R ailw ay, G old ............ 6 s
M ad'aon (Wis.) Street R ailw ay, G o ld ................ 6 a

PARTICULARS ON APPLICATION-!

Lamprecht Bros. & Co.,
1 1 W A L L S T ., N E W Y O R K .
CLEVELAND.

BO STO N .

W. J. Hayes & Sons,
BA NK ER S,

Dealers In M UN IC IPA L BONDS.
S t r e e t R a ilw a y B o n d s a n d o t h e r h ig h g r a d # in ­
v e s tm e n ts

143 8 » P e rU r S L ,d

1Q W A LL STR E E T ,

T Exchange Place.
Boston.

NEW YORK*

Cable Address “K5NNETH.”

THE CHRONIOIJi

52

£30,000 of the loan of 1870 have been called for redemption
and will be paid with interest to January 2 1893 at the office
of Messrs. Baring Brothers & C o., Limited, London, Eng.
The numbers of these called bonds will be furnished by the
city officials or by the bankers aforementioned.
Caldwell Co., Ky.—(State and City Supplement , page
152.)—The following bonds of this county, bearing interest at
the rate of 6 per cent, will be redeemed at the Treasurer’s
office, Princeton, Ky., on the first day of March 1893, on and
after which date interest on said bonds will cease : Bonds of
the denomination of $1,000 each, Nos. 18, 79, 87, 92 and 161;
of $500 each. Nos. 3, 4, It,13, 24,28 and 57; of $100 each,
Nos. 1, 2, 4, 8, 9, 10, 11, 12,13, 14, 15, 17, 19, 20, 23, 24, 25, 28,
29, 30, 31, 34, 36, 37, 38, 39,40, 41, 42, 43, 45, 49, 50, 53, 55, 56,
57, 58, 59, 60, 01, 04, 66, 67,09, 70, 71, 72. 73, 74, 77, 79, 81, 82,
83, 84, 86, 88, 90, 91, 93, 95, 100, 101, 103, 105, 108, 109, 111,
118, 120 and 128.
Cambridge, Ohio.—(State and City Supplement , page
77.)—Bids will be received until January 21st by Charles S.
Turnbaugh, Village Clerk, for $20,000 of Cambridge improve­
ment bonds. The securities will bear 6 per cent interest and
they will mature at the rate of $1,000 every six months from
January 1 1907 to July 1 1916, both inclusive,
Cincinnati, Ohio.—(State and City S upplement , page
77.)—Street Improvement bonds of the City of Cincinnati
amounting to $15,869 (or less if part of the a-sessrnent in anticipation of which they are issued shall be paid in cash) will
soon be offered for sale. The bonds will bear interest at the
rate of 5 percent per annum, payable semi-annually, and will
mature part yearly in from one to ten years from date of issue.
Davidson County, Tenn.—A recent election which was
held in Davidson County to vote on the question of issuing
bonds to the amount of $35h,000 m aid of the Tennessee Midland Railroad resulted in the defeat of the proposition.
Hamilton County, Ohio.—(State and City Supplement ,
age 80 )—Road bonds of this county to the amount of $31,000
ave been awarded to S. Kuhn & Co. of Cincinna’i, who paid
a premium of $1,355. This sale was erroneously reported last
week as a loan of the city of Cincinnati.

E

Ironton, Ohio.—(State and City S upplement , page 80.)—
The City Clerk o f Ironton will receive bids until January 24th
for $20,0 0 of 5 per cent 20-year bonds, issued for street im­
provement and sewerage purposes. I he bonds will be sold
ex-coupon of December 1 1892.
Jacksonville, Fla.—(State_ and City Supplement , page
171.)—A permanent loan of $500,000 for municipal improve­
ments has been proposed, and plans for issuing the bonds are
d o w under consideration.
Ordinances for a large amount of
street paving have recently been passed by the Common
Council.
I Jamestown, N. Y.—(State and City Supplem ent , page 48).
—The Board of Public Works of the City of Jamestown will
receive bids until January 24 1893 for 3% per cent thirty-year
sewer bonds to the amount of $50,000. This issue is part of an
authorized loan of $160,000, to be created for the purpose of
constructing a separate sewerage system for the city of James­
town. The present indebtedness of Jamestown is $30,000; as­
sessed valuation, $4,494,117; real valuation, $15,000,000. The
population, according to local authority, is 22,970. F o r f u l l
in fo r m a tio n c o n c e rn in g th e p r e s e n t b o n d o ffe rin g tlie r e a d e r is
re fe rre d to an. a d v e r tis e m e n t elsew here in th i s D e p a r tm e n t. I n
co n n e c tio n w ith th e sa m e a n o tic e to c o n tr a c to rs w ill be f o u n d
j
, a s k in g f o r b id s o n th e c o n s tr u c tio n o f sew ers.

Macon County, 111.—(State and City Supplem ent , page92.)—The issuance of county court-house bonds to the amount
1of $80,000 has been ordered by the Board of Supervisors.
The loan will bear interest at the rate of 5 per cent per an­
num and will mature in 1912.
j
Middletown, Pa.—Proposals were received until January S
for $25,000 of 4 per cent bonds of this borough. The loan is
to run 20 years, but subject to call in 10 years, with interest
payable semi-annually.
Modesto, Cal.—City Treasurer J. R. Broughton writes us
that on December 27th $85,000 of 6 per cent water and sewer

N E W LOANS.

N E W LOANS.

BONDS.

Municipal Investments.
Pouili D akota S tate. Ref. 316 percent. 1912

CITY OP ST. L O U IS ............................................ 4 ’8 Chicago. 111., Columbian Expo. 4 p. c..1921
Louisville, Ky., Munic. Imp. 4 p. c..... 19*28
C ITY OF M IN N E A P O L IS.................................. 4’S
Hinneapolis,
City Ho si*. 4 p. c. 1922
CITY OK CHICAGO..............................................4 ’S Denver, Col., Public Imps. 4 per cent 1907
C ITY OF M IL W A U K E E ..................................... 5’S Lexington, K y., 4 ‘/£ per cent.................1920
CITY OF O M A H A ............................................. 5 ’S Chicago Sanitary D istrict, 111 , 5 p. C...1907
C IT Y OF OR A N G E, N . J ...................................5*3 Los Angeles, Cal., Sew ers, 5 peir cent. 1 90 x
CITY OF L INCOLN, N E B ............. 5 ’S A N D 6 8 I’tali T erritory I'ublic Bldgs 5 per cent.1010
CITY OF MANITOWOC, W IS ..........................5 ’8 8 a lt L ake City, Utah, Pub. Imps. 5 p. c.1912
CITY OF M EN O M IN EE, M IC H ......................6’S k r a u t County, Ind., Refund. 5 p. c ..... 1912
COUNTY OF D O U G L A S, I L L ......................... 6’S Ck'-rokee Co., N. C., Court House (5 p. c.1921
Hutte, Mont , Public Library 6 p. c..... 19 12
COUNTY OF LAW REN C E, O H IO ................ 5 ’S
COUNTY OF M EA G H ER , M O N T ..................6’8 P R I C E A N D P A R T I C U L A R S F U R N I S H E D O N
A P P L IC A T IO N .
COUNTY O F M ONTGOMERY. K Y .............5’S
C A M B R ID G E, O H I O ............................................5’S
COOK COUNTY, I L L ................. S D . No. 2 o’S
BA N K ER S,
COUNCIL B L U F F S, IO W A .....................S-D. 5’S
LOW ELL, M A SS.......................................................4 ’S
33 W A L L S T R E E T , N E W Y O R K .
NO R TH V E R S O N , I N D ...................................... 5 ’S
SH E B O Y G A N (WIS.) W ATER CO..................6’8
C O N N ELLSV ILLE (PA.) W A T ER CO........ 6’S
T E R R E H A U T E (IN D .) W A T ER CO..........6'S
S eu d fo r J a n u a r y I n v e s tm e n t lis t ,
SIX PER CENT 2 0 -YEAR
g iv in g A lic e s a n d p a r tic u la r s .

BLAIR & CO.,
820,000

Mount Arlington, N. J.,
ROAD IMPROVEMENT BONDS.

N. W. Harris & Co.
BA NK ER S,

15 WALL STREET, N. Y. CITY.
C H IC A G O .

B O ST O N

8100,000

O R AN G E, N. J.,
Sewer 5s.
Price and P articu lars on application.
C O R R E S P O N D E N C E S O L IC IT E D .

F A R S O N , L E A C H & CO.
CHICAGO,
115 D earborn S treet.

NEW YORK
2 W all Street

THE WALL STREET JOURNAL.
A n i n v a l u a b le f in a n c ia l d a i l y :
a y e a r . S a m p le cop}
D O W J O N E S & C O .. P u b lis h e r * . 11 B r o a d S t.

1roe.

[V ol. LYI,

D a t e d D e c . 1 . 18!)2.
D u e D e c . 1 ,1 9 1 2 .
I n t e r e s t p a y a b le J u n e a n d D e c e m b e r i n N e w Y o rk .

NEW

LOANS.

Sale of Sewer Bonds.
F ifty T h ou san d D o lla r s ($50 ,0 0 0 ) worth, o f
th ree an d on e-h alf p er c en t (3% %) th irty (30)
y e a r bonds w ill be so ld to p a r tie s offering th e
m o st fa v o r a b le term s, b y sea led bid, r e c e iv e d
on or b efo re 12 o’clock M., Jan. 2 1 th , 1 8 9 3 , h y
th e B oard o f P u b lic W orks of

J A M E S T O W N , N. Y.
R igh t r ese rv e d to r e je c t au y or a ll bid s. S h ee t
o f d e ta iled in fo rm a tio n m a iled on a p p lic a tio n .

N O T CE T O C O N T R A C T O R S.
Sealed p roposals w ill b e r ec e iv e d at th e office
o f the B oard o f P u b lic Works u n til 12 idclock
M., S aturday, J a u . 2 1 st, 18 9 3 , for th e con stru c­
tion o f sew e r s in th e C ity o f J a m e sto w n , N. Y .
P lans an d sp e cific a tio n s c a n b e see n an d
blank prop osals ob ta in ed o n a p p lic a tio n to th e
B oard o f P u b lic W orks. E a ch p rop osal m u st
c o n ta in th e fu ll n a m e o f a ll p a r tie s b id d in g o n
th e sam e, and a lso m u st be a cco m p a n ied b y
th e req uired s u r ety as s e t fo r th in sp e cific a tio n s.
The Board o f P u b lic W orks r ese rv e s th e rig h t
to r eject au y or a ll p rop osals.

INVESTMENT BONDS.

D E N O M IN A T IO N $ 5 0 0 .
T h e s e b o n d s a r e is s u e d b y t h e t o w n t o i m p r o v e i t s
ro ad s.
T h e S u m m e r r e s o r t o f L a k e H o p a t c o n g is i n c lu d e d
in t h i s to w n .
T h e le g a l it y o f t h i s i s s u e h a s b e e n a p p r o v e d b y o u r
a t t o r e y , a n d w e o ffe r t h e b o n d s in a m o u u t s t o s u i t
p u r c h a s e r s . P r ic e o n a p p lic a tio n .
^ .is t o f o t h e r B o n d s f o r s a le f u r n i s h e d o n r e q u e s t .

Edward C. Jones & Co.,
BANK ERS, 80

RO A D W A Y , N. Y.

850,000

North Chicago Park 5?,
Due In Twenty Y ears W ithout Option.
Denomination, $1,000.
S e n d f o r o n r J a n u a r y c ir c u la r , g i v in g f u ll d e s c r i p ­
t i o n o f t h i s is s u e , a n d o v e r a m il li o n d o l la r s w o r t h o f
o t h e r m u n ic ip a l a n d c o r p o r a t i o n b o n d s , n e t t i n g
f r o m Z% t o 6 p e r c e n t.

E. H. Rollins & Sons,
33 W all Street,
New York City.

210 Exchange Building.
Boston, Mass.

City of Boston 4s,

1899

City of Boston 5s, gold,

1905

City of Cambridge 4s,

1912

City of Dover, N. H., 4s, >

1912

City of Grand Kapids 4 l-2s,

1908

City of Lynn Reg. 4s,

1922

City of Taunton 4s,

1922

Town of Johnson, R. I., 4s, gold,

i9 1 2

FOR SALE.
P R IC E S A N D F U R T H E R P A R T IC U L A R S F U I0 .
N I3 H E D U P O N A P P L IC A T IO N .

Blake Brothers & Co.,
28 ST A T E S T R E E T , BO STO N .
5 N A SSA U S T R E E T , N E W

YORK.

THE CHRONICLE.;

J anuary 7, 1893.]

bonds were sold to W. J. Hayes & Sons fora total premium
of $101. The t-ecurities are dated December 1 1892 and they
mature at the rate of one-twentieth yearly, beginning with
December 1 1893. Interest is payable in Modesto or San
Francisco. This issue constitutes the total debt of the place.
The assessed valuation of real estate for the year 1893 was
81,427,000; of personal property, $200,00'*; total, §1,627,000.
Property is assessed at about t ne-half its actual value. The
tax rate per $1,000 is $15 80, including State and county tax,
§11 -80 and city tax proper $4‘00.
Mt. Vernon, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page
50.)—Tax relief bonds of Mt. Vernon to the amount of $9,000
and assessment bonds to the amount of $7,500 have recently
been sold to Messrs. Coffin & Stanton of New York. Both
issues bear interest at the rate of 5 per cent per annum.
Newport, Ohio.—Five per cent sewer bonds of this place to
the amount of $66,500 have been sold to Messrs, E. H. Rollins
& Sons. Interest is payable semi-annually and the bonds
mature 21 years from date of issue.
New York C ity—(S t a t e a n d C i t y S u p p l e m e n t , page 5 0 .)On Saturday last the Board of Estimate and Apportionment,
voted to Esue $21,255 of bonds to pay the expenses of the Har­
lem Bridge Commission in obedience to a mandamus issued by
the Supreme Court. Both Mayor Grant and Mayor-elect Gil­
roy spoke forcibly upon the a cio n of this commission in con­
tinuing themselves in power after their work was completed.
The following resolution was offered and unanimously adopted:
W hereas. B u t fe w o f th e an n u al ch a rg es o f e x p e n d itu r e b y th e c ity
g o v ern m en t are su b ject to th e d iscretio n o f th e lo c a l a u th o rities, they
b e in g im iiulr fixed by m an datory law s;
Resolved. T h a t th e B oard o f E stim a te and A p p o rtio n m en t, charged
w ith th e m a S in g o f a p p ro p ria tio n s for th e m a in te n a n c e o f th e c ity g o v ­
ern m en t and the issu in g o f bonds for im p ro v em en ts, r ec o g n izin g the
e v ils o f m a n d a to iy le g isla tio n co m p e llin g th is board to m ak e appro­
p riation s, issu e b on ds and p a y c la im s, r esp e o tfu ily recom m en d to the
Senate a n d A ssem bly th a t h erea fter n o taw he e u a c te d b y th e L egisla­
tu re req uiring the e x ec u tio n o f p u b lic w ork, a cq u irin g o f laud s, in­
creasin g o f a p p ro p ria tio n s,issu in g o f bonds or p a y m e n t o f c la im s, o c in
any m an n er co m p ellin g th e in c r e a sin g o f a p p ro p ria tio n s or th e issu in g
o f b on d s,u n til th e local a u th o r itie s shall h a v e first d eterm in ed w hother
su ch ap p rop riation s shou ld b e in crea sed , b o n d s issu ed , or c la im s paid,
b e lie v in g th a t such course o f a c tio n w ill r e s u lt in eco n o m y a n d to the
b e st in te r e sts o f th is city .

M IS C E L L A N E O U S .
$ 3 0 ,0 0 0
NEW B R IG H T O N ,

5 P E R C E N T SCH O O L B O N D S.
D a t e d S la y 2* 1 8 9 2 . D u e d iffe r e n t d a t e s
fr o m 1 8 9 3 to 1 9 1 2 .
Real valuation. .$7,500,000 I Total debt........... $52,50o
ABs’d valuation. 2,712,411 | Population...............5,609
Laws of Pennsylvania lim it debt to 2 per cent of
assessed valuation.
P r ic e to n e t 4 5 - 8 P e r C en t.
FURTHER PARTICULARS ON APPLICATION*

C. H. W H I T E & CO.,
7 2 and 7 4 B ro a d w a y , N ew Y o r k .
Send for full list of Investm ent Bonds.

Providence, B. I.—( S t a t e a n d C i t y S u p p l e m e n t , p a g e 3 4 . )
—City Treasurer D. 8. D. Granger writes t h e C h r o n i c l e t h a t
ou December 31st the Providence VVar Loan of $300,000 issued
January 1 1863 and maturing Ja' uary 1 1893 was paid. The
sinking fund established for that purpose a m o u n t e d to $193,802'28, and the surplus of S193,802'28 w a s transferred to the
sinking fund for water loans, as required by law.
R o c h e s t e r , Minn.—(S t a t e a n d C i t y S u p p l e m e n t , p a g e
104.)—Notice has been given to the holders of railroad-,rid
bonds issued by this cily, dated December 31 1878, that the
same, with interest thereon from July 1 1892, will be paid by
the State Trea-urer on presentation and surrender of said
bonds, at his office in the city of Sfc. Paul.
San Francisco, Cal.— (S t a t e a n d C i t y S u p p l e m e n t , p a g e
140.)—The city of San Francisco will ask the State Legislature
for authority to issue public improvement bonds to the
amount of $20,000,000.
San Miguel County, V. M.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 135.)—It is reported that this county has defaulted m the
payment of coupons on its bonds issued under the Territorial
Funding Act of 1839, and that action has been brought
by the bondholders to recover the face value of these
Coupons.
Saratoga, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 5 4 .)— ■
A new i-sue of $5,000 in Saratoga town books, in denomina­
tions of $300 each and bearing 4 per cent interest, will be sold
at public auction on January 31.
Tacoma, Wash.—(S t a t e a n d C i t y S u p p l e m e n t , page 144.)
—There is a current report to the effect that Mr. C. B. Wright
has virtually concluded a sale of his wrater and electric light
plant at Tacoma to the city authorities, and that the City
Council has agreed upon a piiceand has approved of the pur­
chase, wliich has only to be confirmed by a popular vote to
become binding. The price is $1,850,000, payable iu cash or
in 5 per cent bonds of tbe city, as the authorities may
elect.
13*“ F o r c o n t i n u a t i o n o f p r o p o s a l s s e e n e x t p a g e .

M IS C E L L A N E O U S .
6 a m ’ ii a . G a y l o r d ,

PENN.,

jn o

BA NK ER S AND B R O K E R S,

S T . L O U IS .
WESTERN SECURITIES AND

HIG H

QRADE

M U N IC IP A L

BONDS

A SPECIALTY.
Ed w a r d s

W h it a k k k .

Ch a r l e s H o d g m a

Whitaker & Hodgman
BOND AND ST O C K U R O K K R 8,
3 0 0 N o r th F o u r th S tre e t,

Geo. M. Huston & Co.
BOND

& C O .,

SA N A N T O N IO , T E X A S .

G. R. Voss,
Commercial Paper,
Bonds, Stocks and Investm ent ' eenrities.
508 FIRST NATIONAL BANK BUILDING,

Omaha, Nebraska.
Hackett & Hoff,
REAL ESTATE AND INVESTMENTS.
9 6 M ic h ig a n S t ., M ilw a u k e e , W fs .
First Mortgages on Improved Milwaukee Rea)
Estate, bearing six and seven per cent interest
always on hand. No charge to the investor for col
ecting interest or looking after taxes and fire insurnce Absolute security.

George Eustis & Co.,
BANKERS

AND

C IN C IN N A T I.

WALSH
N o.

110

STOCK

&
B ro ad

BR O K ER S,
O H IO .

FLOYD,
S tre e t,

BROKERS,

A M D . D E A L E R S i n I N V E S T M E N T E E C U R IT IB fc

AND

STOCK

M U N IC IP A L S EC U R ITIES
OP

AND

V IC IN IT Y

D e a l t I n b y ,1

Jas. Carothers,
9 0 F O U R T H A V E ., P I T T S B I I B O , P A .

Davenport & Co.,
B A N K E R S

A N D

B R O K E R S .

R IC H M O N D , V I R G I N I A .
E S T A B L IS H E D , 1 8 6 0 .

Correspondence solicited and information fur­
nished about Southern State, Municipal and Rail­
road Investment Securities.
New York Reference—CHAS. M. FRY, Esq., Presi­
dent Bank o f New York, N. B. A.

A. Strassburger,

-

$ 1 5 0 ,0 0 0 .

C h o ic e I n v e stm e n t* In tb e m o st C o n s e r v a ­
t iv e F ie ld in th e W e s t
Q iy p r n
A r i d T Guiranteed First Mort
O l A r C n l l C n i l gages on improved land#
n Iowa and Eastern Nebraska. Safe and Desirable.
Q SV p r n
A C y T DebeutnreBonds,securU lA r C H
U E f s I ed by deposit of First
Mortgage Loans with an Eastern trustee. Fift e e n
y e a r s ’ Successful E xp e r ie n c e . Send for P a m ­
p h le t .

W. A. HOTCHKISS,

GEO. H. LEWIS,

Act’g Secretary.

President.

DEALERS

We buy and sell outright all Western
Municipal Bonds and Stocks. We
cheerfully furnish full and reliable In­
formation concerning any Western se­
curity without charge. Monthly quo­
tation circular mailed to all applicants,
New Issues of municipal bonds wanted.
3 0 5 P I N E S T R E E T , S T . L O U IS , MO

P IT T S B U R G

D E S M O IN E S , I O W A .
C A P IT A L P A ID U P ,

IN

F R A N C IS S M I T H

THE

. H . b l e s s in g .

S T . L O U IS .

TEXAS.

M IS C E L L A N E O U S .

Gaylord, Blessing & Co.. Lewis Investment Co.,

Mortgage Loans
NO COMMI88ION8 charged borrower or lender un
loans have proven good.

53

FAIRHAVEN,
B E L L IN G H A M B A Y ,
FUTURE METROPOLIS OF PUGET SOUND
destined to be th e great Manufacturing and Com*
merclal Center because it has
The Largest and Safest Harbor on the Pacific Coast.
The Greatest Area of adjacent Agricultural Land.
The most Magnificent Forests of Timber in the world
The finest Natural Town Site and Water Front
Immense Veins o f the Best Coal in the West which
produces a coke equal to Pennsylvania. Iron, Silveread. Gold and other ores. Extensive Quarries of
e Sandstone for building purposes. Valuable Laormation can be had of
T H E F A IR H A V E N L A N D C O M PANY,
F A IR H A V E N ,

WASHINGTON.

6%

IN V E S T M E N T S

6%

FIRST MORTGAGE GOLD BONDS,
A m o u n ts $ 5 0 0 to $ 1 0 , 0 0 0 .

GOLD DEB ENTI RE BONDS,
5 , 7 and 1 0 Y ears,
ATLANTIC TRUST CO.. NEW YORK. TRUSTEB
A m o u n ts $ 1 0 0 to $ 1 , 0 0 0 .
A FEW CHOICE

7 PER CENT FIRST MORTGAGES.

STO CK S & RO A D S B R O K E R .

Write for Description.

SOUTHERN INVESTMENT SECURITIES.

Lombard Investment Co.

Montgomery, Ala.

1 5 0 B R O A D W A Y , NEW Y O R K .

THE CHRONICLE.

51

IVliitestone, N. Y.—Tlie §22,000 of M/z per cent 30-year
water bonds offered for sale on Dec. 30 were awarded to Messrs.
D. A. Moran & Co. of New York, who paid a premium of
SU8 04.
The net bonded debt of Whitestone is reported at §75,000;
assessed valuation, §850,000 ; tax rate (per §1,000), §5.

S T A T E A N D C IT Y D E B T C H A N G E S.
We subjoin reports as to municipal debts received since the
last publication o f our S t a t e a n d C i t y S u p p l e m e n t .
Some of these reports are wholly new and others cover items
of information additional to those given in the S u p p l e m e n t ,
and of interest to investors.

Kentucky—Newport.—( S t a t e

and

Cit y S u p p l e m e n t ,

page

153.)—The following statement of municipal indebtedness has
te e n corrected to date by means of an official report received
this week. An advertisement of a new loan to be issued by
the city will be found elsewhere in this Department.
Newport is in Campbell County.
LOANS—

B r id g e B onds—

W hen Due.

4 s , J&J, $ 3 8 ,0 0 0 ..........J u ly 1 ,1 9 1 1

R e n e w a l B onds—
8 s , .........., $ 1 5 ,0 0 0 .......
1894
5 s, J& J,
8 4 ,0 0 0 .......J u ly 1, 1900
Wa t er W o r k s—
7 3 ,0s, M&N, $ 2 8 9 ,0 0 0 .M ay 1, 1901
73i0s, M&N, 1 9 7 ,0 0 0 .M ay 1, 1902
73]0s, M&N, 2 0 0 ,0 0 0 .M ay 1, 1903
7 b 0s, M&N, 1 0 0 ,0 0 0 .M ay 1 ,1 8 9 4

| V OL. LVI,

B ea l e sta te is a sse sse d a t “ a b ou t tw o-tliird s its a c tu a l v a lu e .” T o ta l
a sse sse d v a lu a tio u iu 1 8 8 7 w a s $ 7 ,0 2 9 ,5 5 6 . P r o p erty is a sse sse d at
a b ou t % o f its a c tu a l v a lu e
POPULATION iu 1 8 9 0 w a s 24,918; iu 1 8 8 0 Yvas 2 0 ,4 3 3 .

W isconsin—Ashland.—W. R. Durfee, Mayor.—The follow­
ing statement of the indebtedness and valuation of Ashland
has been sent to the Chronicle by J. B. Fitch, Citv
Clerk. On the 25th of last June §75,000 of 5 per ceat Ash­
land city bonds were issued and sold to New York pirties at
106-133. Ashland is situated in the county of the same
name.
LOANS—

When Due.

C it y B o n d s —
5s, J& J, $ 1 0 0 ,0 0 0 .,.* N o v . 1 ,1 9 0 9
5 s, J& J,
1 0 , 0 0 0 .. .. tJ u ly 1 ,1 9 1 0
F u n d in g B o n d s —
5s, J& J, $ 2 5 ,0 0 0 ..........Oct. 1 ,1 9 1 2
St r e e t s & A l l e y s —
5s, J& J, $ 2 5 ,0 0 0 ..........Oet. 1, 1911
St r e e t s , S e w e r s & Sc h o o l s—
5 s, J& J, $ 7 5 ,0 0 0 ........ J u ly 1, 1 9 0 0

Interest is p a y a b le in N e w Y ork .
T o ta l d eb t N o v . 1 ’9 2 .. $ 2 3 9 ,0 0 0
S in k in g f u n d s ..................
2 3 ,0 0 0
N e t d eb t N o v . 1 ’9 2 .......
2 1 0 ,0 0 0
T ax v a lu a tio n , r e a l___ 5 ,8 7 5 ,3 5 1
T ax v a lu a tio n , p er so n a l
7 3 0 ,2 0 9
T o ta l a sse ssm e n t 18 9 1 . 6 ,6 0 5 ,5 6 0
T otal t a x (per $ 1 ,0 0 0 )_____ $ ‘42-50
P o p u la tio n iu 1 8 9 0 Yvas..........9 ,0 5 6
P o p u la tio n in 1 8 8 0 w a s ......................

* The $ 1 0 0 ,0 0 0 of c ity b o n d s d u e in 1909 are h eld b y tlie S ta te o f
W isconsin.
t T he $ 1 4 ,0 0 0 o f c ity b on ds du e iu 1 9 1 0 w ere issu ed iu aid o f com ­
m erce an d m a n u fa ctu res.

TAX F R E E —A il b on d s o f th is c ity are e x e m p t fro m ta x a tio n .

Kentucky—Grayson County.—( S t a t e a n d C i t y S u p p l e ­
page 153.)—The following statement of the debt, a s s e t s
and valuation of thi3 county has been corrected to date by
means of a special report received this week from County
INTEREST is p a y a b le m o stly b y B a n k o f A m eriea, N e w Y ork City; Treasurer G. YV. Stone.
p a r tly b y C ity Treasurer.
County seat is Litchfield.
TOTAL BONDED DEBT D ecem b er, 1, 1 8 9 2 , w a s $ 1 ,0 3 3 ,5 0 0 , of
LOANS—
W hen Due. T a x v a lu a tio n , r e a l___$ 1 ,1 0 0 ,0 0 0
w iic li $ 7 8 6 ,0 0 0 w a s w a te r debt. S in k in g fu n d a sse ts, $ 3 5 ,1 1 2 . Tlie
D eficiency ' B onds —

5 s , J& J, $ 5 0 ,0 0 0 ..........J u ly 1, 1 9 0 4
I m p r o v e m e n t B onds—
8 s , F&A, $ 3 0 ,0 0 0 ........A ug. 1, 1 9 0 0
■8 s , J&1>, 3 0 .0 0 0 ... .D ec. 2 3 ,1 9 0 0

in k in g fu n d r e c e iv e s y e a rly a b o u t $ 1 6 ,0 0 0 .
1 8 9 0 it w as a b o u t $ 8 ,0 0 0 ,0 0 0 ; ta x ra te (per $ 1 ,0 0 0 ), $ 2 6 -7 0 , th is in• e lu d in g S ta te ta x , $4-20; c o u n ty ta x , $2-50; c ity t a x proper, $20-00.

Jamieson & Co.,
S T O C K S —B O Y D S ,
Members New York Stock Exchange,
Chicago Stock Exchange.

R a il r o a d A id B o n d s —
-r. .. .
5
1903
6s, A&O, S
.........) to 1 9 0 9
Subject to ca ll a t a n v tim e.
T otal debt Dee. 1 1 8 9 2 ... .$ 9 3 ,1 0 0
S in k in g fu n d a s s e ts ............. 1 2 ,0 0 0

6S, J& J,

ASSESSED VALUATION for 1 8 9 2 lia s n o t y e t b een reported. In

CHICAG O .

m ent,

CHICAG O .

T a x v a lu a tio n , p e rson al
8 0 0 ,0 0 0
T otal a sse ssm e n t 1 8 9 2 . 1 ,9 0 0 ,0 0 0
T otal a sse ssm e n t 1 8 9 1 . 1 ,8 6 2 ,1 3 7
S ta te an d c o u n ty ta x
(per $ 1 ,0 0 0 )..................
$ 1 1 -3 7
P o p u la tio n 1 8 9 0 w a s ...
1 8 ,6 8 8

C H IC A G O .

Title Guarantee & Trust Illinois Trust & Savings
Bank.
Company
OF

CHICAGO,

9 2 , 9 4 «fc 9 6 W A S H I N G T O N S T R E E T .

C H IC A G O , I L L .
C A P IT A L A N D S U R P L U S , - S 3 ,2 5 0 ,0 0 0

IN T E R E S T A LLOW ED ON D E P O SIT S.
This Bank is directly under the jurisdiction and
supervision
of the State of Illinois, is a LEGAL
C h ic a g o , I lls.
DEPOSITORY for Court Moneys, and is authorized
to act as TRU8TEK, EXECUTOR, RECEIVER and
Private Wire to
ASSIGNEE for E8TATE3, INDIVIDUALS and
CORPORATIONS.
I.
<fc 8. WORMSER, NEW YORK.
OFFICERS:
GUARANTEES TITLES TO REAL ESTATE.
John J. Mitchell, President.
FLOWER & CO., NEW YORK.
John B. Drake, Vice-President.
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R.
GLENDINNING & CO., PHILADELPHIA.
Wm. H. Mitchell, Second Vice-President,
p r o te c tio n a ffo rd ed b y n o o th e r s y s te m of
Wm. H. Reid, Third Vice-President;
James 8 Gibbs, Cash’r. B. M. Chattell, A ss’t Cash*?
* S p e c ia l a t t e n t io n g iv e n to o u t -o f-t o w n b u s i­ d o in g b u s in e s s .
n e s s . C o r r e s p o n d e n c e s o lic it e d .
Is authorized by law to act as Registrar of 8tocks John McCaffery, DIRECTORS
John B. Drake*
and Bonds, Executor, Receiver and Trustee for L. Z. Leiter,
Wm. H. Reid,
Wm. H. Mitchell,
John J. Mitchell
Estates, Syndicates, Individuals and Corporations.
Wm. G. Hibbard,
J. C. McMullin,
'■ie B. B ruiese. Member New York Stock Exchange
Trust moneys and trust securities kept separate D. B._8bipman,
J. Ogden Armour*
D.
M. Cummings , Member Chicago Stock Exchange from the assets of the Company.
Frederick T. Haskell.
1 8 7 -1 8 9 D E A R B O R N S T R E E T ,

Breese & Cummings,

C a p it a l, p a id - u p ............................... 8 1 , 6 0 0 , 0 0 0
U n d iv id e d e a r n in g s , I n c lu d in g
s u r p lu s .................................................
2 2 0 ,0 0 0
D e p o s ite d w it h S t a t e A u d ito r . .
2 0 0 ,0 0 0

C O R R E SP O N D E N C E S O L IC IT E D .

The Jennings Trust Co.,

OFFICERS:
GWYNN GARNETT, President.
A.
H. SELLERS, Vice-President.
CHICAGO
1 8 5 D E A R B O R N S T ., C H IC A G O .
Securities listed in New York, Boston or Chicago ARCHIBALD A. STEWART, Secretary.
4 Sarried on conservative margins.
CHAS. R. LARRABEE, Treasurer.
DIRECTORS:
CAPITAL, PAID U P , -------$500,000
Gwynn Garnett,
Chas. W. Drew,
A.
O. SLAUGHTER, Member N. Y. Stock Exohange
W. D. Kerfoot,
John P. Wilson,
S U R P L U S ............................... $50,000
George C. Walker,
Edson Keith,
WM, V. BAKER, Member Chicago 8tock Exchange
John G. Shortall,
Geo. M. Bogue.
John DeKoven,
;A. H. Sellers.,
Samuel B. Chase,
NEGOTIATES GROUND RENTS in the City Of
COUNSEL:
BA NK ER S,
Chicago. Takes entire charge of estates. Acts as
W. C. Goudy,
John P. Wilson,
A. W. Green,
A. M. Pence,
1 1 1 -1 1 3 B A SA B L E ST R E E T ,
agent for the registration and transfer of bonds and
stocks and the payment of coupons, interest and
C H IC A G O , ELLS.
dividends. Authorized by law to receive and exeenta
C h ic a g o S e c u r it ie s B o u g h t a n d S o ld .
trusts of every character from courts, corporations
and Individuals. A legal depository for court and
BA NK ER S,
trust funds.
BANKERS a n d b r o k e r s ,
1 1 1 A N D 1 1 3 IR O N R O E S T R E E T ,

A . O. Slaughter & Co.,

Herman Schaffner & Co.

Henry C. Hackney,

C O M M E R C IA L PAPER,

1 1 3 D E A R B O R N S T ., C H IC A G O ,

IN V E S T M E N T S E C U R I T I E S
BOUGHT AND SOLD,
Member Chicago Stock Exohange.
CORRESPONDENCE SOLICITED.

?Fred. G. Frank & Bro.
LOCAL SECURITIES A SPECIALTY.
- » « W A S H I N G T O N S T R E E T , C H IC A G O ,
Correspondence Invited.

1 0 0 W a s h in g t o n S tr e e t,

C H IC A G O , I L L .

IO W A FARM LOAMS
A r e s a f e a n d s u r e . 2 1 y e a rs* e x p e r ie n c e
w it h o u t th e lo s s of a d o ll a r . I n t e r e s t a n d
p r in c ip a l n e t to le n d e r . S e n d fo r p a m p h le t.

ELLSW ORTH & JONES,

5 2 1 C h a m b er o f C o m m e r c e B ld g ., C h ic a g o .
F i r s t N a t’l B a n k B ld g ., I o w a F a l l s , la .;
Established 1871.

INTEREST ALLOWED ON DEPOSITS of m oney
which may be made at any time and withdrawn afte
live days’ notice, or at a fixed date.
TRUST FUNDS AND TRUST INVESTMENTS
•ire kept separate and apart from the assets of th e
Company.
J.

R. WALSH, President.
CHAS. H. HULBURD, Vice-President.
FRANKLIN HATHEWAY, Secretary.
SAMUEL D. WARD, Treasurer
LYMAN A. WALTON. Cashier