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HUNT’S
MERCHANTS'
§i
3 F »tk ItJ
M A G A ZIN E ,'
Ü U W ÿpXpH ,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES
V O L 44.
N E W Y O R K , J A N U A R Y 8, 1887.
NO. 1,124.
Ifitmtucial.
IfitrattJCiaT*
- A M E R IC A N
Bank Note Company,
78
to
80 T R IN IT Y PLACE,
NEW YORK.
J. C . W a lc o tt & C o .,
BANKERS
D I A M O N D S .
A lfred H . Smith & C o .,
[IM PORTER S,
182 Broadway, Cor. John Street.
BONDS, POSTAGE & R EVENUE S TA M P S ,
LECAL TEN D ER AND N A TIO N A L BANK
N O T E S o f the U N I T E D S T A T E S ; and for
Foreign Governm ents.
#
E N G RA V IN G A N D P R IN TIN G ,
Ba n k n o t e s , s h a r e c e r t i f i c a t e s , b o n d s
FOB GOVERNMENTS AND CORPORATIONS.
DRAFTS, CHECKS, BILLS OF EXCHANGE,
STAMPS, A c., In the finest and moot artiotle utile
FROM STEE L PLA TES,
ffttk SPECIAL SAFEGUARDS to PREVEST COCSTFRFEITIKL
Special papers manufactured exclusively for
nse of the Company*
SAFETY c o l o r s .
safety p a p er s.
W ork Executed In F irep roof Bunding».
LITHOGRAPHIC AND TYPE PRINTING.
R A IL W A Y TIC K E TS OF IM PROVED STYLES,
Show Cards, Labels^ Calendars*
BLANK BOOKS O F EVERY DESCRIPTION
A LBER T G. GOOOALL, President
VICE-PRESIDENTS :
Jt MACDONOUGH,
A. D. SHEPARD,
W . M. SMI1.LIE,
TOURO ROBERTSON.
TH EO . H. FREELAN D. Sect’y and Tress.
Maverick National Bank
BO STO N ,
.
-
.
S O L ID
S IL V E R .
GORHAM
.
$ 4 0 0 ,0 0 0
$ 4 0 0 ,0 0 0
Accounts o f Banks, Bankers and Corporations
solicited.
Our facilities for COLLECTIONS are excellent
and we re-discount fo r banks when balances war
rant it.
Boston Is a reserve city, and balances with us from
banks (not located in other reserve cities) count as a
reserve.
W e draw our own exchange on London and the
Continent, and make Cable transfers and pi oe
money by telegraph throughout the United States
end Canada.“
Government Bonds bought and sold, and exchanges
In Washington made for banks without extra charge
W e have a market for prime first-class Investment
Securities, and invite proposals from States, Coun
ties and Cities, when issuing bonds.
We do a general banking business, and Invite cor
respondence.
M ’t’g
C o .,
AND 9 MAIDEN LANE.
Floyd-Jones & Robison,
BANKERS
AND
BROKERS,
Stocks, Bonds and U. 8. Government Securities
Bought and Sold on Commission,
Wm . c . F l o y d - jon e s ,
W il l ia m R obison
Members New York Stock Exchange.
J. A . Kohn & C o .,
B A N K E R S AND B R O K E R S ,
(M il l s B u il d in g ), 1 9 B R O A D 8T . , N . Y
Members o f the New York Stock Exchange.
Execute orders on commission fo r B o n d s , S t o c k s
and F o r e ig n E x c h a n g e .
D e a l e r s in fi r s t -c la s s I n v e s t m e n t S e c u r it ie s ,
Particular atteutlon given to investments fo r Cap
italists. Trust Funds and Institutions.
S. M. R o b e r t s ,
Roberts
P a u l Sc h w a r z .
&
(9 IIL L 8
Schwarz,
B U I L D I N G ,)
IN V E S T M E N T
c_>.,
72 B roa d w a y,
STOCK B R O K E R S,
 w ,w î ! <i8v.an(i Miscellaneous Securities bought
VO8?, ,,Vr Ci*sh or on margin.
M c m h 'v v 1 u ?TV T, v.
J- B. Cr e ig h t o n .
-wanb.N.Y. Stock Exch.
a . B. C l a f l in , i-pcc’l
STOCK
n e w
Y O R K , 8 0 B R O A D W A Y * 5 N EW ST.
t r o y
,
n
.
y
.,
no. i
?
f ir s t s t r e e t
.
Stock Exch. membership: private w ife; all facilities
(B r a n c h O m e n , 290 B r o a d w a y .)
Member o f the New York Stock Exchange. Dl
rector o f Merchants’ Exchange National Ban*.
American Savings Bank, American Safe Deposit
Company. &c., Ac.
Securities bought and sold on commission, fo r
oash or on margin. All inquiries gratuitously res*
ponded to. Correspondence solicited.
H . B. H ollins & C o .,
BANKERS
18 W A L L
an d 3 NASSAU S T R E E T S .
NEW YORK.
T r a n s a c t a G e n e r a l B a n k in g B u s in e s s .
D E ALERS IN GOVERNMENT, MUNICIPAL AND
R A IL R O A D SECURITIES.
DEMAND DEPOSIT ACCOUNTS RECEIVED
INTEREST ALLO W ED ON D A IL Y BALANCES
E„ L . Oppenheim & C o .,
[E STA B LISH E D 1802],
BANKERS AND BROKERS,
51 & 53 New Street and 42 Broadway«
B r a n c h Office , 91 L e o n a r d St r e e t .
Edward L. Oppenheim.
W alter Del. Mar.
Alexander Campbell & Co.,
ban kers an d brokers
W e make a specialty o f the buying, selling and
placing o f first mortgage bonds o f railroads, water
17 N ASSA U
works, gas works and other first-class corporations.
W e solicit correspondence.
Ma lc olm Ca m p b e l l , Member o f
48
W A L L
S T R E E T ,
(Bank o f New York Building).
Bonds and Stocks bought and sold at the New
York Stock Exchange.
BONDS AND INVESTMENT SECURITIES FOR
SALE
L .C . L a t h b o p . Osc a b B. Sm it h . J, H.O l ip h a n t .
Lathrop, Smith & Oliphant,
RROKRR.
Lansdaie Bciardman,
B AN K E R AND BROKER,
N o s . 3 & 5 B r o a d {o r 2 9 W a l l S t r e e t s .
S E C U R IT IE S .
W illia m T . M eredith,
J O S . W . W O R K , C a s h ie r .
F. E . Trow bridge,
N o . 2 E x c h a n g e C o u rt, N e w Y o r k .
A S A P . P O T T E R , P re sid e n t.
W . P . W ig h t &
brokers.
Stocks and Bonds bought and sold on Commission,
Orders received In Mining Stocks, and in Unlisted
Securities. Collections made and loans negotiated.
Dividends and interest collected.
Deposits received subject to Draft.
Interest allowed. Investment securities a specialty.
W e issue a Financial Report weekly.
Broadway and Nineteenth Street,
MASS.
.
.
___ -
and
S tre e t, N e w Y o r lt .
Transact a General Banking Business
Business Founded 1795.
Incorporated under law» of State of New York, 1858.
Reorganized 1879.
E ngravers and P rinters of
C A P IT A L ,
SURPLUS,
N o . 2 4 P in e
BANKERS a n d b r o k e r s ,
3 7 B R O A D S T ., N E W Y O R K ,
6 P A C I F I C A V E ., C H I C A G O .
Members New York Stock Exchange, New V g jk
Cotton Exchange, and Board o f Trade, Chicago.
STREET, NEW
n.
,
YO RK .
\ . stock E xch.
Ja m e s W h it e l y ,
h . cbugeb o a k l e t .
Ma y n a r d C. Ey r e ,
H e n r y H. Do dg e , Washington, D. 0 .
W m . R. T r a v e r s , Special Partner.
Prince & W h itely ,
N o. 6 4
BROADW AY, NEW
YORK.
Office s j
fii£ haf vg;’ New Y°rk.
( 589 15th 8t., Washington, D. 0
Buy and .ell on commission all classes o f Railroad
Securities; also Grain and Provisions.
Private Telegraph wires to Philadelphia, W ilm ing.
ton, Baltimore, Washington, Bridgeport, New Haven
Boston and Pittsburg.
branch
W. H.
Goadby & C o .,
BAN KERS AND BROKERS,
N o.
24
B R O A D
S _T R E E T .
N ow Y o rk .
THE CHRONICLE.
il
[V ol. XLIV.
gatxkrcs auÄ gram crs of $fartisti 'gxtimuQ*.
THE
D rexel, M organ & C o ., A ugust Belm ont & C o .,
W ALL STREET, CORNER OF BRO AD ,
NEW
YORK.
Drexel,Harjes & Co
Drexel & Co.,
Oor. o f 5th A Chestnut Bts. 31 Boulevard Haussmann,
P A R IS .
P H IL A D E L P H IA
D 0 M K 8 1 1 0 A N D F O R E IG N B A N K E R S .
Deposits received subject to Draft. Securities
bought and sold on commission. Interest allowed on
Deposits. Foreign Exchange. Commercial Credits.
Cable ’Transfers.
Circular Letters for Travelers,
available In all parts o f the world...
IN V E STM E N T
■ » .; BANKERS,
¡Kff*
N o . 1 2 . P i n e S tr e e t,
ISSUE T R A V E L E R S ’ CREDITS, available In all
parts o f the W orld, through
M essrs, N , HI. R othschild A Hons, London.
“
do Rothschild B ro s., P a r is. „
,
“
SI. A . de R othschild A Hons, F ra n k
fort o \ m .
H. M . do R othschild, E sq., V ien na.
AND THEIR CORRESPONDENTS.
Draw Bills o f Exchange on, and make Cable Transfere to, England, France and Germany.____________
o f Philadelphia.
310
N o.
23
CHESTNUT
STREET.
F u ll paid.
C ap ital, 8 2 ,0 0 0 ,0 0 0
Buys and sells Bills o f Exchange, drawing on
Baring Bros. & Co., London, also on Paris and
Berlin.
A cts as Financial A gent in the negotiating and
marketing o f Securities. Deals In Bonds—Corpora
tion, Railroad, State, Municipal, &c Executes orderson commission In Bonds, Stocks, &o Collects interest
and dividends. Receives money on deposit, allow
ing interest. A s desirable investments offer, will
issue its Debenture Bonds, secured by Its capital and
assets.
— —
J . & W . Seligman & C o.
ATTORNEYS AND AGENTS OF
M e s s r s . J . 8 . M O R G A N & C O .,
Mo. 2 2 O L D B R O A D S T R E E T , LON D ON .
CO.
BANKERS
BROAD STREET,
N ew Y o r k .
W ILLIAM BROCKIE, President.
W H ARTON B A R K E R , V iee-P esident.
H ENRY M. H OYT, J r ., Treasurer.
ETH KLBERT W ATTS, Secretary.
Issue Letters of Credit for Travelers
Board o f Directors—William Brockie, George EL
On SELIGMAN BROTHERS, London.
Pepper, Morton McMicbael, Wharton Barker, Henry
SELIGMAN FRKRES & CIE, Paris.
C. Gibson, T. W istar Brown, William Potter.
SELIGMAN & STETTHK1MER, Frankfurt.
Advisory Committee o f Stockholders.—George M.
P h ilad elp h ia,
N ew Y o r k ,
B o sto n ,
AL8BERG, GOLDBERG & CO., Amsterdam. Troutman, Gustavus English, Isaac H . Clothier,
and
ALTM AN & 8TETTHK1MER Berlin,
William Pepper, M. D., Thomas Dolan, John <*
A L E X A N D E R B R O W N A SO N S
Payable In any part o f Europe, Asia, A frica, Aus Reading, Joseph E. Gillingham, John Wanamaker
Henry E. Smith, Charles B. Wright, Henry Lewie,
tralia and America.
_ ,
BALTIMORE!.
Draw Bills o f Exchange and make Telegraphic Craige Lippincott,Hamilton Disston, Clayton French.
Members o f New Y^rk, Philadelphia and Baltimore Transfers o f Money on Europe and California.
Francis Rawlc.
Stock Exchanges.
A l e x a n d e r B a r in g .
Execute orders f<•» all investment securities. Buy J. K e n n e d y T od .
Member N. Y. Stock Exch’ge
and sell Bills o f Exchange on Great Britain aud
H. O. N orthcotb .
Ireland, France, Germany, H elium , Holland,
Switzerland. Norway, Denmark, Sweden,
Australia, St. Thomas, bt. Croix and
British West Indies.
N o. 6 3 W IL L IA M S T R E E T ,
29 W IL L IA M
STREET,
I s s u e C o m m e r c i a l A T r a v e l e r s ' C r e d it s
RANKERS.
IN STERLING,
Cor. E x ch a n g e P la ce ,
N EW Y O R K .
A ct as Agents fo r Banks, Bankers and Railroad
Available In any part o f the world. In F r a n c s for
FOREIGN BAN K ER S.
ure In Martinique and Guadal<mpe. and ijndollar, for Companies.
Issue commercial credits, also foreign and domestic
use In this «mint •y , Oa* ad a, Mexico and West Indies.
BU Y AND D R A W BILLS OF EXCHANGE,
Make telegraphic transfers o f money between this travelers’ letters o f credit In pounds sterling & dollars.
country, Europe and British and Dan h West In
MAKE CABLE TRANSFERS, ISSUE T R A V E L O ffe r I n v e s t m e n t S e c u r i t ie s .
dies. Make collect ions o f draf ts dr wn abroad on all
Buy and sell bonds, stocks an d securities In all Am ERS’ CREDITS.
points In the United States and Canada, and o f
drafts d awn In the United Sta es on torelgn coun- erican, Canadian, British and Dutch markets on com
ISSUE COMMERCIAL CREDITS, A V A IL A B L E
mission. Collect dividends, coupons and foreign and IN A L L PA RT S OF TH E W ORLD, ON
^Thl-ir London house, Messrs, BROW N, SH IPLEY Inland Drafts.
Sell Bills o f Exchange on
A CO., receive accounts o f Ann rlcan banks, firms
Messrs. C. J. Hambro & Son. London.
and iucUvicuutia upon lavoniblo teams.
Brown
Brothers & C o .,
J. Kennedy T o d 6c C o .,
J. & J. Stuart 6c C o .,
33
J
NASSAU
P A Y N E
A S M I T H ’ S,
BANKERS, LONDON
H A N C H E STE R A COUNTY
“ LIMITED,”
BANK,
MANCHESTER, PA Y A B LE IN LONDON
B A N K IN G
COM PANY,
BELFAST, IR ELA N D ;
AND ON THE
N A T IO N A L B A N K O P SC O T L A N D ,
EDINBURGH AND BRANCHES;
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT,
M unroe
ohn
C o.,
6c
N o . 3 2 N a s s a u S tr e e t, N e w Y o i k .
N o. 4
P o s t O ffice S q u a r e , B o s t o n .
Issue Circular Letters o f Credit for Travelers’ Use
Abroad against Cash or Satisfactory
Guaranty o f Ke-paymeut,
E xchange
o n L o n d o n , P a r is , B e r lin
a n d Z u r ic h .
Cr e d it s o p e n e d
P a r is
and
Pa y m e n t s Ma d e
H o u s e —M UN R O E
A
b y cable,
CO.
Schulz 6c Ruckgaber,
BANKERS
29 W I L LI A M STR E E T, N EW YO R K
corresponden ts of the
In te r n a tio n a l R a n k of L o n d o n
(L im ite d ), L o u d o n .
M e s s r s . J o h n M e r e n b e r g , G o s s l e r A Co,
H am burg.
M e s s r s . M a r c u a r d , K r a u s s A C o ., P a r is
Commercial and Travelers' Credits.
Bills o f Kxcbauge.
Cable Transfers.
U nger, Smithers 6c C o.
B A N K E R S AND B R O K E R S ,
Members ot tbe New York Stock Exchange
D k a l k h b in F o k k ig n E x c h a n g k , G o v k r n m k n t
a n d oTH ku I n v e s t m e n t Bo n d s .
STERLING LOANS A 8 P BOIA LT Y.
44 W a l l S t. a n d 6 2 G r e e n e S t. N . Y .
Buy and seil on Commission, for investment or on
■targtn, all securities dealt in at the New York Stock
Xi-nange.
C u m u lim i
B a n k
C a M T A L . tn.000,00U.
o f
C o m m e rc e .
S D R P L D 8 , $1,000,000.
J. H. Hü A DRY A ALEX. LAJLKD,
agbntn
1« EXCHANGE PLACE, NEW YORK
BUY AND NELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC.
USES GOMME KCl AL CRKDIT8, AV AILABLK
a l l P a HT s OF TH E WfUwLD.
John Paton &
J
C o .,
Kanawha & Ohio Railroad First 6s.
SUCCESSORS T O
J E S U P , P A T O N & CO .,
52
ULSTER
J
^pjejcial ïtnrestmjents.
STREET.
BILLS OF EXCHANGE ON
S M I T H ,
M A R C U A R D . K R A U H S A C O ., !' P A R I S .
H O T T 1 N G U K R & CO ., ________ !
W illia m
S tr e e t, N e w
Heidelbach,
Ickelheimer & Co.,
Y ork .
Accounts and Agency o f Bunks, Corporations
firms and individuals received upon favorable terms
Dividends and interest collected and remitted.
A ct as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
Kanawha & Ohio
ferred Stocks.
Common & Pre
Continental Construction Stock.
Pensacola & Atlantic Railroad Stock.
B O U G H T A N D SO LD B Y
d r a w on
T O B E ¥
TH E UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.
A
K I R K ,
4 AND 6 BR O AD
NEW
G so. Co p p e l l .
T h o s . M a it l a n d .
U x k a l d L . H o y t , Member N. Y. Stock bxch .
STREET,
YORK.
M aitland, Phelps 6c C o ., G eo. H . Prentiss 6c C o .,
B
A
N
K E
AND
COMMISSION
22
Sc 2 4
R
S
N o . 4 9 W A L L S T ., N E W
Exchange
YORK,
AND
MERCHANTS,
i 0 8 M O N T A G U E S T ., B R O O K L Y N •
P la c e ,
New Y o rk .
GAS
BILLS OF EXCHANGE, LETTERS OF CREDIT,
TELEGRAPH IC TRANSFERS OF MONEY ON
LONDON, PA RIS, MEXICO. CUBA, &c.. &C.
Kidder, Peabody 6c C o .,
FOREIGN BANKERS,
STOCKS
AND
GAS
S E C U R IT IE S ,
Street Railroad Stocks and Bonds
a n d a l l k in d s of
1 Nassau Street, New York,
113 Devonshire Street, Boston,
BROOKLYN
S E C U R IT IE S
DEALT
IN .
A TTO R N EYS A N D AGENTS OP
SUB GAS QUOTATIONS IN T H I8 P A P E R .
Messrs. BARING BROS. & CO., London
Geo . H . P r e n t iss . W . d . P r e n t is s . W . W . W a l s h
Member N.Y.Stock Exch.
C O M M E R C IA L
C R E D IT S ,
First Mortgage 6 Per Cent Gold Bonds
C i r c u la r C r e d it s f o r T r a v e l e r s .
Ca b l e T r a n s f e r s a n d B il l s o f E x c h a n g e
G r e a t B r it a in a n d t h e Co n t in e n t .
KOUNTZE
( 8 1 2 ,0 0 0 P E R M IL E ),
on
JACKSONVILLE TAMPA & KEY WEST
RAILWAY COMPANY.
BROTH ERS,
Issue limited to $1,556,000. Principal due 1914.
Interest payable in New York January and July.
BAN KERS,
Completed
Feb. 28, 1886. Standard gauge. Steel
1 20 B r o a d w a y , E qu ita b le B u ild in g,N e w Y ork rails. First-class
equipment.
This road forms a part o f the through line from
L E T T E R S OF C R E D IT A N D
New York to Tampa, Florida, over which the Cuban
C 1 K .C I L A K “ N O T E S
Issued for the use of travelers in all parts o f tbe mail is now carried. We recommend these bonds as
world. Bills drawn on the Union Bank o f London. secured by a large and-rapidly increasing througn
Telegraphic transfers made to London and to various and local business. Price, par and accrued interest»!
Pamphlets and copies o f mortgage luruished.
places in the United States. Deposits received sub
ject to check at sight, and interest allowed on bal
R . A . L A N C A S T E R Sc CO *
ances Government and other bonds and investment
1 0 W a l l S tr e e t.
securities bought and sold on commission.
J a n u a r y 8,
1887.]
THE
CH RON ICLE.
&
Sautters attfl groiters tu Jlrur 'ÇJorlt ffittjj.
Fred.
H.
Sm ith,
Taintor & H o lt,
BANKER & BROKER,
N o . 2 0 B R O A D S T ., N E W
Geo, K . Sistare’s
YORK.
., Twenty years’ experience In Railroad Bonds. Par
ties desiring to buy or sell Uncurrent Bonds wi.l
please communicate.
Stocks bought in Fractional Lots or otherwise,
either for Cash or on Margin.
F .H . Sm it h ,» M embers Consolidated Stock and
8. W . 8 m it h , i Petroleum Exchange, New York.
Ch a s . J. T o w n se n d ,
L a n s in g C. W a s h b u r n .
Member N.Y. Stock Exchange.
J n o . P . T o w n se n d , Special Partner.
N o . 1 1 W a l l S t ., C o r . N e w , N e w Y o r k .
TRAN SACT a GENERAL BANKING business.
DEPOSITS received and INTEREST allowed on
balances.
Buy and sell GOVERNMENT, MUNICIPAL and
R AILROAD Securities.
Private telegraph wires to P rovidence and Boston
G. B. TAINTO R.
GEO. H . HOLT.
_____________ G. P . L ’H U IL IB R
Tow nsend & W ashburn, “ “^CTteKofN^Si^^
BAN KERS AND BROKERS,
H , D ew ing & Son,
N o . 6 W a l l S tre e t, N e w Y o r k .
Stocks and Bonds Bought and Sold on Commission
fo r cash or on margin.
Special attention given to Unlisted Securities.
Deposits received subject to Cheok at Sight.
Correspondence Solicited.
W M . V . CAROLIN,
CH ARLES J)'. COX
Member N. Y. Stock Exchange.
Carolin & C ox,
WOOD
&
W a l st o n
h
. Br o w n .
Fr e d .
H e r b e r t P. Br o w n .
a.
____________
AND
BROKER,
B R O A D ST., N E W Y O R K .
BANKERS AND BROKERS,
10
AND
Dealer in Miscellaneous Securities,
MILLS BUILDING (3d Floor,)
Rooms 25 & 80 .
3 5 W A LL STREET.
STATE AND CITY BONDS OF GEORGIA ALSO
SECURITIES OF TH E CENTRAL R R. & faANK.
ING CO. OF GEORGIA A SPECIALTY.
investors wishing to buy or sell are invited to call
or correspond. Prompt and personal attention given
to all orders.
John B. M anning,
8T „
WALL
NEW
YORK.
BANKER AND BROKER.
N o. 1 4 W a l l S tre e t, N e w Y o r k C ity ,
S O U T H E R N S E C U R IT IE S
A SPECIALTY.
«^ Ì2le,’ ..^2nlci5al and «allway Bonds and Coupon
tt2tL 80lä. at hest market rates, investors or
♦ 2witîi
2 .Y ,8bln*
t0 buy or «ell are invited to communi
«atu
us.
Member o f the New York Stock Exchange.
Chrystie & Janney,
& Bishop,
_T
„ „ BANKERS AND BROKERS,
*
N o . 3 5 PIIM E S T R E E T , N E W Y O R K .
(Members New York Stock Exchange.)
A ccounts o f Banks, Bankers and others received.
Interest aliowed on balances. A strictly Commission
Business in the purchase and sale o f stocks and bonds
Private lelegraph Wire to Aibany.Troy, Syracuse
Roohesier, Utica, Buffalo, Cleveland nd Chicago
Draw on City Bank o f London m amounts to suit.
Special attention given to Securities for investment.
BAN KERS,
N o * . 2 3 A 2 5 N a s s a u S t ., N e w Y o r k .
R eceive deposit - aud consignments ol Bullion.
Deal in investment Securities and Foreign ExCBHDK6 and invite correspondence.
. „ ^ icular attention Riven to information regarding
Investment S e c u r <+ a s .
^
N o .
b a n k e r s
a n d
b r o k e r s
N o . 3 0 P in e S tre e t, N e w Y o r k .
a^ N. Y. Stock Exchange, for INor on MARGIN, ail classes o f Stocks
check alight.** “ ll0W lnteiest on deposits, subject to
Albert
16
A
18
Pearce,
BROAD
BROKER IN A L L KINDS
S T .,
OF INVESTMENT
BONDS, MISCELLANEOUS SECURITIES
AND DEFAULTED BONDS
._______ CORRESPONDENCE SOLICITED,
Gilm an, Son 6c C o .,
N o.
62
CEDAR
STREET.
Howard Lapsley & C o .,
bankers
an d
brokers
,
74 B R O A D W A Y a n d 9 N E W S T R E E T ,
N ew
Y ork .
YORK.
BOUGHT AND
SOLD,
See Quotations o f City Railroads in this paper.
H i i w a k i i La t h a m ,
F r e d e r ic k w . p e r r y
Member o f N. Y. Stock Exchange.
J. H . Latham & C o .,
U N IT E D B A N K
V o. 2 W A L L
0 6 Co.
r
N o .
1 8
a
n
k
e
r
s
B U IL D IN G ,
STREET, NEW
YORK.
n< y. riounty, state, Railroad,District o f e ninn,t>i,
v
a
n
d
a11 Securities
listed in N Y. Stock Exchange.
,
W A L L
S T R E E T ,
N ew Y o rk .
J.
A. M. K id d e r . W a v l a n d T r a s k . H.
W . c . H il l
j.
Dealer in Investment Securities,
N o. 7
N ew
ß o o J il.
&
B A N K E R S ,
5 S B r o a d w a y , c o r . E x c h a n g e P la c e , N . Y .
B ra n ch «»Mice. 2 4 1 L a S a l l e S t .. C h ic a g o ,
S M B A C * A„ G H,N KHAL BANKING BUSINESS,
'J 1® PURCHASE AND SALE OF
! T 2 CKd8. t£ NI' ? ‘ >ND» T O « CASH OR »N MARíp íu i
INVESTMENT ECUR1d e p o s it s
D. A . B o o n v .
P‘ ° ‘ B° *
¿ w . McL e l l a n .
_________________ Ke fb k n L e l a n d .
Ba.ndi b2usrbt and sold on commission
at Mew York Stock Exchange. Advances made on
business paper and other securities.
STREET,
Y ork.
Rolston & Bass,
N o.
B R O A D STREET, NEW Y O R K ,
STOCKS, BONDS
A N D M IS C E L L A N E O U S S E C U R IT IE S
Correspondence solicited.
Quotations cheerfully furnished.
W m . H . R o lsto n ,
w . A l e x B arr i ,
Member N. Y. Stock Exch ge.
’J
20
Simons & C h ew ,
STO CK B R O K E R S ,
2 E x ch a n g e C o u rt A 5 2 B rea d w a y , N. Y l
Stocks, Bonds and United States Governmei t
Securities Bought and Sold on Commission.
J.',ON8’ .
B e v e r l y Ch e w .
Member N. Y. Stock xchange.
Member N. Y. Produce Exchange.
^ W ^ a l l a u d d 2S£t>
BANKERS,
U N I T E D
B A N K
B U I L D I N G ,
1 X 011 s t r e e t , c o r n e r B r o a d w a y .
STOCKS, B O R D S <t COM M E R C I KL P i PER.
N A SSA U
(C on tin en tal N ational B a n k B u ild in g ,
M ouse
AIct¿efTcm
L. Robertson,
BOND AN D ST O C K B R O K E R ,
,KTraB8aet a General Banking Business, including
the purchase and sale o f STOCKS and feONDS for
cask or on margin.
B u y a n d S e ll I n v e s t m e n t S e c u r itie s ,
BAN KERS,
In addition to a General Banking Business, Buy
and 8eli Government Bonds and Investment Securi
ties.
B R O A D W A Y ,
CITY RAILROAD STOCKS & BONDS
io b n
BANKERS A N D BROKERS,
17 Years’ Membership New York Stock Exchange.
Members Philadelphia Stock Exchange.
w- B Ä S T W
“•“ »
Dickinson & A ilin g ,
1 4 5
NEW
R . J. Kim ball 6c C o .,
N o s . 1 6 A 1 8 R r o a d S tre e t, N e w Y o r k .
J*n8 eeii on commission, for investment or on
gKOBEHI
K E “ i*¥
0.'if1
n i ? , d0iUt ?ALat
tne B.Y-L o DNMB
Exch.
J. 9K
KIMBALL.
PKKD
k UI
ST R E E T. C H ICAG O , IL L .
BROKER
m35rS.nsact8 2 general Banking business, inoindlng the
margin** 6110 8ale o f 8took* ftnd bonds fo r cash or or
N o.
YORK,
H . L . Grant,
NEW YO RK .
H am ilton
CLARK
3 5 W a l l S t ., N e w Y o r k
Exchanges.01" Stocks and Bonds executed at all
Especial attention given to supplying high-class
in v e s t m e n t s e c u r it ie s .
RANKERS,
STREET, N EW
AND
A . Dutenhofer,
John H . Davis & C o .,
NO. 2 0 NASSAU S T R E E T ,
246
A u s t in G. G o r h a m .
ch a s. W . T urner,
C h a s . O. N o b l e ,
M em b er N. Y . S tock E x ch
BANKER
W alston H . Brown 6c Bros
W ALL
BANKERS AND BBOKEBS,
1 6 & 18
Brow n .
Members N. Y. Stock Exchange.
11
bought an)d g 0id.Trn8t C°~ 6 *** ° * nt Debenture»
nulls B u i ld i n g :,
L H .W a g g o n e r
BANKERS AND BROKERS,
N o . 1 8 W a l l S tre e t, N e w Y o r k .
|S®S®
Bought and Sold on Commission
I n g iÄ m e n tfe c iÄ T
inform ation regard-
C . J. Turner,
Execute orders in all securities listed at the New
York Stock Exchange. For Sale :
Ra il r o a d F ir s t Mo r t g a g e Bonds
GEORGS C. WOOD. C. H . HUESTIS. L. M. SWAN
Interest allowed on daily balances.
All deposits subject to check at sight.
Particular attention to orders by mail or telegram
Frank C . H ollins & C o .,
.18 Years’ Membership in the N.Y. Stock Exchange)
D A V IS .
Buy and sell on Commission, fo r cash or on margin
change**^68 6ealt in at the New York Stock Ea>
B A N K E R S AND B R O K E R S ,
W o o d , Huestis & C o .,
31 P IN E S T R E E T , N E W Y O R K ,
BANKERS
AND
BROKERS.
SUCCESSORS TO
F IR S T -C L A S S IN V E S T M E N T S .
*\C. H o l l in s . B .H .E m erson .
Gorham , Turner & C o .,
B a n k e r s & C o m m is s io n s t o c k B r o k e r «
N o. 55 B RO AD W A Y,
Branch Office, 815 Madison A v „ cor. 42d StMNew York
Deposits received subject to oheck at sight, and
interest allowed on daily balances. All Stocks ano
Securities dealt in at the New York Stock Exchange
bought and sold on Commission, for Cash or upon
Margin.
______________
Sons,
1 6 A 1 8 B r o a d S tre e t, N e w Y o r k ,
1 2 1 S o u th T h ir d S tre e t, P h ila d e lp h ia .
Connected by Private Wire with main office. New
York.
DEALERS IN
BAN KERS,
Simon Borg & C o .,
Vo.
17
N ASSAU
S T .,
NEW
YORK
DEALERS IN A L L KINDS OF
Railroad and Investment Securities}
S o u t h e r n Se c u r it ie s
a
Sp e c ia l t y .
[V O L .
T H E C H R O N IC L E .
ÏY
\%xik ^latem euts.
fra cta l Imjcgtments.
D E P O R T of t h e c o n d i t i o n o f t h e
R
A M E R IC A N E X C H A N G E N A T IO N A L
B A N K , at New York, In the State o f New York,
of t ®
n Tw ^ o r k i atTt h ? i l o s e r t t o S L » \ g | c l 5 e S f b i ï l n e M ^ 'Ì S Ì ® » ' day o t December,
December 28,1886:
BESOUBCES.
ok
BESOUBCES.
no Loans and discounts (see sched ule)....$15,-68,572 66
Loans and discounts............................... $6,108,674 03 Overdrafts................ *•*.••••y *v *“ y **•
2,801 09
U 8. bonds to secure circulation (par
UVK bonds to secure circ u la tio n ........
00
50,000 00
Other stockslbonds and mortgages"(see
B^al estate, b an klngh ousj
^ -.^
200.000 00
368.440 13
2,
'<30,244
56
Du^fTOm%ther‘nationai b a n k s.... . . . . « '» « “ «ax M
395,650 00
Legal-tender notes
Due from State and private banks and
58,772 00
Bills o f other banks........
bankers
(seeschedule).........................
«.S’Sw?
¡5
14.544 79
Checks & otta. cash Items
Real estate................................v ; ..........
w nm «
372,007 38
E xcb’s for Clear’g House
Current
expenses
and
taxes
paid
..
..
23,033
ao
566,683 79
Due from national banks
Premiums paid, on bonds fo r circulation
6,375 00
Due from State b’ ks and
Checks A oth’r cash itemsfsee schedule;
227,368 93
16,245 53
bankers . . . . . . . — •••
Exchanges fo r Clearing H ouse............. 3’ bT'oJr 00
Redemption fund with
Bills o f other banks...................... .
U. 8. Treas. (5 per cent
2,250 00—2.938,605
66 Legal-tender notes........... ...............
.....
o f circulation)..............
64o,000 00
............................................................... $9,306,623 29 U. 8. certificates o f deposit for legal50000,«
tender notes (sec. 5,193 Rev. Stat.)..
50,000 0»
Capital stock paid in ...............................
noo 00 Due from U. 8. Treasurer, other than
la.oou wi
5 per cent redemption fu n d...............
Undivided profits, n e t .. ... ................. .
T otal.....................................................
08
Reserve, for shareholders taxes in suit
Si.000 00
National bank notes outstanding........
44,390 no
Dividends unpaid.....................................
139 w Capital stock paid in?.............................. ^i ’ sth’ oOO 00
-r
E.
S.
Bailey,
51* P I N K S T R E E T »
d e a l in g s in
l U S V B A I i C E
A
STO CK S
S F E O IiL T T .
Cash paid atoncetortheabove»ecixrU
tM;orthej
irlUbeSoldoncommissionatsellersoption-____
Colnmbua H ockin g V alle y Sc T oledo
T o le d o Sc Ohio C en tral,
K a n a w h a df O hio,
E a st T en n essee.V a. Sc G e o rg ia .
— A m erican S p eak in g Telephone
(A Southern T e legra p h .
• *
BOUGHT AND SOLD BY
iinm
T. S. Stanton,
16
and
18
BROAD
STREET
Trust Co.’s Stocks.
A L L OF TU B
M ew Y o r k
FAND
B r o o k ly n Com panies’
BOUGHT AjND SOLD BY
WM-
B roadw ay.
D E G H U E E ’S
OF BOND
VALUES,
R
Specialists In R a ilr o a d B o n d s.
Buttrick & Ellim an,
NEW
at
Undivided profits.............
State bank circulation outstanding....
YORK.
C O R R E SPO N D E N C E IN V IT E D
Cahoone & W escott,
1 8 W a ll S tre e t, N e w Y o r k ,
E x e c u te O rders In a ll Securities L isted on
N E W Y O R K S TO C K E X C H A N G E .
Special Attention given to
Government & other Investment Bonds
Correspondence Solicited
Legal tender n otes........... —
■v1“ * 01k’n n on
U .S ctfs. o f deposit fo r legal tenders
5,0^0 00
Redemption fund with U.S. Treasurer
<5 per cent o f circulation)................ • _____
T otal....................................................$34,032,008 87
Capital stock paid In ................. ............. *3’iun'ooo 00
Surplus fu n d ...........................................
22
Undivided profits .......
qnnnnn on
National bank notes outstanding........
300,000 00
Dividends u n p a id ........
, , ni? T O w
Individual deposits subject to Check.. 17.017,872 07
Deposits for acceptances
...........
la
Demand certificates o f dep osit...........
137.28» 42
Cashier’s checks outstanding................
211,048 70
Due to other national banks ................
Due to State banks and bankers..........•
636,»78 ou
................................ .............$34,032.008 87
Tota,
State o f New York,' County o f New York, *s .•
I H e n r y B u c k h o u t ,Cashier o f the above-named
bank, do solemnly swear that the above statement
is true,
true, to thee bestHENRY
o f m y knowledge
and belief.
is
BUCKHOUT,
Cashier.
Subscribed and sworn to before me, this oth day
p
-Tn.niin.rv.
1887.
D.
G.
FANNING,
o f January,
Notary Public.
Correct—Attest :
R. T. WILSON.
)
JOHN H. INMAN, > Directors
O. D. BALDW IN. >_________ __
e p o r t
of
t h e
c o n d it io n
day
T » F P 6 R T O F T H E C O N D IT IO N O F T H E
K
B A M OF NEW
Y O R K , NAUONa L
B A N K L 'G a SSOCIATION, at New YorkC lty.in the
State o f N. Y., at the close o f business Dec. 28,1886.
of th e
M*. L. SCUDDER, Jr., Proprietor,)
ANSWERS INQUIRIES CONCERNING
A m e rican Stocks a n d Securities
Large Library o f Railroad Documents.
Competent Experts.
Confidential Reports.
Moderate Charges
Douglas & Jones,
BANKERS AND BROKERS,
7 2 B r o a d w a y a n d 1 3 N e w S tr e e t, N . Y .
STOCKS AND
BONDS BOUGHT AND
SOLD
o f December, 1886:
BESOURCES.
Loans and discounts...............................
O. S. bonds to secure circulation.........
U. 8. bonds on hand
..............
Other stocks, bonds and m ortgages....
Due from other national banks.. . . . . . . .
Banklmfliouse0
& PriVttt6 b
&^
Banking
h ou se..............................
. ................. . —
Other real estate
Current expenses and taxes paid. . .
Checks and other cash Items.................
Exchanges fo r Clearing H ouse..............
Bills o f other banks.....................,•••••••;
Fractional currency (including nickels)
on
ao.uw w
lio -w s 41
I3».»0b 4i
217.071 on
¿5.000
onn
non 00
on
200,000
00
53.498 97
12,676 25
4,945 o81i
4,»40
7’oon on
‘ Xar na
i
208 08
Legal-tender notes.................................
400,»10 uu
Redemption fund with U. S. Treasurer (5 per cent o f circulation).............
4,4 <0 uu
.............................................................. $8,828,302 84
Capital stock paid in ................................ ^'ono'onn 00
W alsh & Floyd,
S T O C K
B R O K E R S ,
N o. 2 6 B R O A D ST R E E T , N E W Y O R K .
JAMES W . WALSH, JB „
NICOLL FLOYD’ JB
Member N Y . Stock Exchange.
R . T . W ilson & C o .,
B A N K E R S A N D COM M ISSION M E R CH A N TS,
2 E x ch a n g e C ou rt, N ew Y o r k .
G a s, Insurance» B a n k s, C ity ]R ailroads»
d tc. Send fo r list published Mondays.
J . F . W I N T K I N G H A M , 3 9 F ine S t . N .
BESOUBCES.
«¡10 2 2 8 3 5 3 7 2
Loans and discounts........... ............. $ 1 0 ,8 2 3 ,3 0 3 ge
overd ra fts.............. .
ko non oo
U.S. b’ds to secure circulât n. 4)^p. cts.
so.ow w
Other stocks,bonds and m ortgages....
.oOo
Due from other national ban ks............ M oT kqo 31
Due from other banks and bankers....
gj
k u iq <
v u -yu
Real estate...... -...........................
Exchanges fo r Clearing H ouse............. 5,262 87 L 00
Bills o f other banks........;• :• •••••¿•"•vi
"»1 35
Fract’l paper currency, nickels A cents ^ 023.200 00
Specie—
3O8J02 00
Legal tender n o t e s..............
. .........
Redemption fund with U. 3. Treasurer
2.250 06
(6 per cent o f circulation)..................
T otal.......................................................$19,841,001 67
l ia b il it ie s .
non on
Capital stock paid in .............................. *i!<i00’.000 00
Surplus fu n d .. .......................................
V496.348
o 6 a 4 »441
i
Undivided profits.
68,254 26
New York taxes.............
•••»•••
45,000
00
National bank notes outstanding
1,957 60
Dividends unpaid........ i v v ™ !
7,973,601 53
Individual deposits subject to check
28,004 05
Demand certificates o f deposit..........
3 7H6’997
67
Certified c h e c k s . . ..................
Vi53’36l 40
Due to other N ational banks
.......... ? ’ 337 47A 75
Due to other banks and bankers.........
1,33-.4-0 70
O N T IN E N T A L N A T I O N A L B A N K o f
R CYork,
T h e Investors’ A gen cy, New
at the close o f business on the 28th day
2 3 4 L a S a l l e S t . , r. C l i l c a g o , I U . ,
Si
Individual deposits subject to ch eck.. 12,091.932 66
-gHKS 5|
Demand certificates o f d e p o s it...........
Certified checks. .................................... ¿’^ 2 3 9 7 41
Due to other national banks . . . . . . . . . . . 4.342.3»; 41
Due to State A private banks A b’nkers 2,216,122 74
mnta.
$26,453,749 08
State o f New’York, City
County o f New York w
I D tm on t Cl a r k e . Cashier o f the American
Exchange National Bank, New York, do solemnly
swear that the above statement Is true, to the
best o f my k n o w l e d g e ^ c a s h i e r .
Sworn to and subscribed before me this 7th
nf
Tamiarv 1887.
Of January,
ioa
Notary P Ju b J.
lic,BENNETT,
Kings uo.
Correct.—A
filed In
correct. ^ tte
e s si t:
^ R ic KCertificate
BILIilNGSi
. N, Y. Co.
. Directors.
JOSIAH M. KISKB.
H
W M. C. LANGLEY,
Checks and other cash Items................
JS'E sj
Exchanges fo r Clearing H o u s e ........... 6,804.83» 4.
Bills o f other banks........ .. . ..-•••
3u'H?n ns
Fract’l paper currency, nickels & cents R 2?s
o<_
R o o m D , IFIllls B u i l d i n g .
STREET,
o f t h e
K P O R T O F T H E C O N D IT IO N O F T H E
F O U R T H N A T I O N A L B A N K OF TH E
CITY OK NEW YORK, at New York, in the «tate o f
New York, at the close o f business Dec. ¿8, 1886 •
_____ „
„„
BESOUBCES.
Loans ¡and discounts........... ........ ...........$18,676,245 <6
Overdrafts........................................ .
Arxn
«n
U.S. bonds to secure circulation ............
400.000 00
Other stocks, bonds and mortgages. . ..
190,-84 74
Due from other national banks. .......... 1.29A894 -3
Due from State banks and bankers......
33.423 87
Real est ate. furniture and fixtures.. ..
600.000 00
Current expenses and taxes paid.......
72,^80 6»
GEO. W . D O U G H ER TY,
W ALL
t h e c o n d it io n
W . T. MOORE.
> Directors.
W IL L IA M P. ST. JOHN,
PUBLISHED AND FOB SALE BY
18
o f
IndfvW ualsT.................... $2,729.013 90
National banks........ .
??
State banks and bank’rs. .,432,965 14
Demand certs, o f dep sit
2,205 02
Certified checks . . . . . . . . ■
270.506 16
Cashier's checks outst’g
64,577 13 — 7.800,690 43
Total ..................
$9,306,623 29
State o f New York, County o f New York, ** :
8 1. F hed ’K B. Schenck , Cashier o f the above-named
bank, do solemnly swear that the above statement
is true, to the
Subscribed and sworn to before me this 5th day
/»f Tinnifl/rv 1886»
P» A. K« d HYAN«
Correct—A ttest:^ ^ o ta r^ P ,¿b ile . New York Co.
See my quotations o f Trust and Telegraph Stocks
a Batty ln/Hcator and Saturday’s Evening Post.
TABLES
e p o r t
C. NOYES,
96
XL1V.
Total
..................................... $19,841,001 57
State o| ^ J o r k ^ o u n ^ o ^ N e w Y o r k . ^ Yorki
National Banking Association, do solemnly swear
that the a b o v e statement is
k SubscrfbedDande sworn to b e f W
day
M
S
NotaryN|ubUc; N ^ fY o -'k Co.
CH AKLES^M.H; HV.
H . B. L A ID L A W ,
| Directors.
,,r., O F T H E C O N D IT IO N O F T H E
R t H I R D N A T I O N A L B A N K o f the City ^
New York, afi New York, in the State <*fNew i ork,
at the close o f business December 28, 1880.
RESOURCES.
qai
Loans and discounts.............*...........*••••% ^
49,500 00
‘ ’VVD
^
^ l ^ b o n ^ s to secure cirCTilation...............
ifn 'iu s 00
Other stocks, bond9 andm ort s ..............
17
Due from other National b a n k s ..........
iS i a- q aq
Due from State banks and bankers.............
^ ¿ .M l SI
Current expenses and taxes p a id ........
Che“ 1s & oth! cash’items ‘
Exch’s fo r Clearing House.
Bills o f other Banks.........
Fractional paper currency,
nickels and c e n t s ...........
09
^ g
668.40« 83
10,113 00
|07 22
Lelaiet4 n d e r n 6 t e s ::::::::: 253’,000 00-1,802.394 98
Total ................................................... $7,76\144 71
L IA B IL IT IE S .
000 000 00
Capital stock paid in ....................................... ^ ’i ^ ’.ooo00
S u r p lu s .....................................................................
National bank notes outstanding . . . . . .
Dividends unpaid............................
kk
Undivided profits.............................
Reserve fo r t a x e s .................................
1 0 V2IQO 20
<»»5*000 00
IniecT to chedckPOS!t8. 8U. : $2,078,235 45
D!SdivW uals.....................i2 .f0 .9 9 9 24
Demand ctfs. o f deposit.
147,629 20
National banks...............
00
Certified checks. . . . . . . . . . •• 42 \‘Ax
504 aa5 90
State banks A ban kers1.. 784,304 92
24„
Cashier’s ch ’cks outst’ d’g.
31.^2 55--2,524,905 »0
Certificates o f deposit...
3,850 05—5,905.243 02 D ue to other Nat. banks.. 3,2-0,932 80
.
Due to State b’ks A b’kers .672,755 81^ 3,9 13.688 61
A cceptances.............................................. l ’M1S S
Cashier’s checks.................................................... 2 08 OD
T otal........................ ......................... $7,768,144 71
............................................................... $8,828,302 84
o f New York, County o f New York, ss:
State
o f New York,
County Cashier
o f New York,
ss: above- 8 1 tflO j** H u tc h in g s , Cashier o f the above-named
1, {¡ALFRED
H TlMPSON>
o f the
hank do solemnly swear that the above statenamed bank, do solemnly swear that to e above
, i , true to the best o f my knowledge and
G L. HUTCHINGS, Cashier.
statement is true, to the best o f my knowledge and “ ®n'f ia trUe’
statement
AlLFRBD H. TIMPSON, Ca_sbler.
b Subscrlbed and sworn to before m e t w r a h day
Subscribed and sworn to before me this <th day o f J a n u a ry , 1887
E‘
Tamiarv 1887
EDWIN F. COREY,
° fC o r r e c t - W : AM N ota^ P u ld lc,N ew York Co.
CH ARLES LANIER,
P A R K E R HANDY,
CHARI.ES H. M ARSHALL, VDirectors.
GEO. CHAPM AN,
EDMUND D. RANDOLPH, )
THE CHRONICLE,
January 8, 1887.]
Bank jitatemeuls.
T
%nUxestr ghrideuds, See.
UittairciaX.
e p o r t o f t h e c o n d it io n o f t h e
THE
L A K E SHORE
«& M IC H I G A N
N A T IO N A L B A N K O F T H E R E P U B L 1 C ,
Js o u t h e r n r a il w a y co,
at New York, In the State o f New York, at the close
T r e a s u r e r ’ s Office ,
o f business December 28,1888:
G r a n d Ce n t r a l d e p o t ,
N e w Y o r k , December, 1888.
RESOURCES.
iii j____ ______
Ne w Y o r k , Dec. 80,1886. ,
Loans and discounts............................... $5,886,137 30
T o the security holders o f the Lake Erie & W est,
TH E BOARD OF DIRECTORS o f this company
Overdrafts................................
198 51 have
this
day
declared
a
dividend
o
f
TW
O
Per
Gent
ern
Railway
Company:
U. S. bonds to secure circulation.........
355,000 00 npon its capital stock, payable at this office on Tues
D. 8. bonds on h a n d ...............................
20,100 00 day, the FIFTEEN TH DA Y OF F E BR U AR Y next.
The purchaser, Gen. Samuel Thomas, has agreed
Other stocks, bonds and m ortgages....
242,22894
he transfer books will be cl sed at 3 o ’clock P. M. to sell the property to a new company to be formed,
965,105 46 on1 Saturday,
Due from other .Nat. banks .................
the 15th day o f January next, and will called the Lake Erie & Western Railroad Company,
Due from State banks and bankers ...
78,43385
reopened on the m orning o f Friday, the 18th day
Real estate, furniture and fixtures.......
637,684 16 obe
f February next. E. D. YVORCESTER, Treasurer. whose line will extend from Sandusky, Ohio, to
Current expenses and taxes paid.........
41,886 48
Peoria, 111., 430 miles, and which will issue the fol
Premiums paid..........................................
28,769 86
lowing securities:
Checks and other cash item s..................
11,865 54
Exchanges for Clearing H ouse.............
847 188 29 T t y T E T R O P O L IT A N S A V I N G S B A N K ,
$4,300,000 first mortgage, gold, 5 per cent, 50-year
Bills o f other banks.................................
54,671 00 -LU- Nos. 1 and 3 Third A ve., opp. Cooper Institute.
bonds, being at the rate o f $10,000 per mile.
Fract’l paper cur’cy, nickels & cents.. . .
10119
Trade dollars ..........................................
400 00
$8,600,000
preferred stock, being at the rate o f
SIXTY-SEVEN TH DIVIDEND.
Specie................................................................ 1,889,77058 , ,
$20,000 per mile.
,
Ne w Y o r k , Dec. 27,188«.
Legal-tender notes................................ .
352,377 00
Interest fo r the half-year ending Dec 81,1886,
$8,600,000 common stock, being at the rate o f
Redem ption fund with U. S. Treasurer
at the rate o f TH REE AND ON E-H ALF P a R
(5 per cent o f circulation).................
15,975 00 CENT per annum, will be credited to depositors en $20,000 per mile.
T otal........................................................... $11,427,89316 titled thereto under the by-laws o f the bank and the
All old securities have been extinguished by the
laws o f the State.
LIABILITIES.
sale and will receive their respective portions o f the
Capital stock paid in ..................................... $1,500,00000 Interest payable Jan. 19.1887.
Surplus fu n d ..................................................
500,00000 „ „ „
purchase money from tho officers o f the court. The
„
S. w . SNEDEN, President.
Undivided profits...........................................
218,26043 G. N. Co n k l in , Secretary.
present car trusts will also be paid off, leaving the
Reserved for city taxes...............................
41,55865
property free from lien except as above.
National bank notes outstanding..............
31?,2<>000
Dividends unpatd...........................................
12,63350
Old security holders will be allowed to subscribe
Individual deposits subject to check .. 2,422,586 80
fo
r certain portions o f the new securities as follows1
Demand certificates o f deposit..................
63,795OA
f
i
n
a
n
c
i
a
l
.
ertifled checks........................................
876,015
INCOME BONDS.
ashler’s checks outstanding................
4,271 ¡><
Holders o f incom e bonds, or certificates o f deposit
Due to other national banks....................... 4,926,66787
o f same with the Central Trust Company will be
Due to State banks and bankers............... 1,044.90355
allowed to deposit their bonds or certificates, as the
TO BONDHOLDERS
T otal........................................................... $11,427,89316
State o f New York, County o f New York, ss.:
case
may be, with the Central Trust Company and
OF TH E
I, E. H. P u l l e n , Cashier o f the above-named
receive a receipt which will entitle them to what
bank, do solemnly swear that the above statement
overpaym ent is due from the sale o f the railway
is true, to the best o f my knowledge and belief.
when paid by the Master o f the Court.
E. H. PULLEN, Cashier.
Bondholders, to avail themselves o f the benefits o f
In addition: Holders o f Lafayette Bloom ington
Subscribed and sworn to before me this 5th day
o f January, 1887.
Jam es W alsh ,
the Matheson-Palmer reorganization agreement o f & Muncie Incomes, or certificates, depositing,
same
on or before Jan. 15, 1887, will receive a cer
_
Notary Public, Kings Co.
Oct. 15, 1886, are required to deposit their bonds tificate
giving them the right to subscribe fo r 300
Correct—A tt e s t :
Certificate filed in N. Y. Co.
without delay in the Union Trust Company, No. 73 per cent o f their holdings in preferred stock o f the
JOHN J A Y KNOX,
)
OLIV E R S. C AR TE R, > Directors.
Broadway, New York, against its negotiable receipts new company at 35 per cent. And they are hereby
notified that to avail themselves o f the right to sub
JAMES B. JOHNSTON, i
therefor.
scribe they must deposit said bonds or certificates
Messrs. Geo. S. Coe, Exstein Norton and Joseph on or before Jan. 15,1887, and in ease o f subscribing
must
pay 50 per cent o f the 35 per cent o f the
D. Potts have been agreed upon as the Purchasing
subscribed fo r on or before Jan. 20,1887.
I n t e r e s t , g i w i c l e n a l s , & c . Committee, to whose order the bonds will be de amount
Holders o f Lake Erle& Western Incomes, or
certificates, have the same privilege except as to
posited.
the amount o f their subscription, which in their case
Only deposited bonds are entitled to participate will be 250 per cent o f theirholdings.
C A N A D IA N
P A C IF IC
R A IL W A Y
Holders o f Sandusky Division Incomes, or certlfi
in the subscription for new bonds or in the reorgan
^
COM PANY
cates, have the same privilege except as to the
ization plan. The custody o f m ore than a m ajority amount
_
. ^
DIVIDEN D NOTICE.
o f their subscription, which in their case
The half-yearly dividend upon the capital stock o f o f the bonds has already been secured.
will
be 150 per cent o f their holdings.
M is company, at the rate o f TH R EE (8) PE R
Bonds
can
bo
deposited
until
Jan.
27
without
STOCKHOLDERS.
CENT. Per annum, secured under agreement with
The old stockholders will be allowed to deposit
the Government o f the Dominion o f Canada, will be charge.
their
stock
with
the
Central Trust Company o f New
paid on the l it h o f February next to stockholders o f
A copy o f the Agreement is filed with the Union York, and on payment
record on that date.
o f $12 per share will receive
dividend payable at the agency Trust Company, and bondholders can receive copies a certificate fo r the par o f their old stock, which will
01,the Bank o f Montreal, 59 Wall Street, New Y ‘'rk, o f the Trust Company and o f the Secretary o f the be convertible Into new eommon stock when issued
by the railroad company. And they are hereby noti
will be delivered on and after Feb. 17, at the office
Messrs. J. KENNEDY Railway Company, 82 Nassau Street, and o f the fied that they must do so on or before Jan. 15, 1887.
Stockholders who have paid assessment will have
TOD & CO., 63 W ill am Street. New York, to stock members o f the committee.
credit fo r same on authorizing a transfer o f tho
holders who are registered on the Montreal or New
Dated Dec. 6,1886.
amount so paid.
York Register.
MATHESON
&
CO.,
For anv further information apply at No. 2 Wall
./W arrants o f European shareholders who are on
Street, New York.
NELSON ROBINSON,
tne London Register wilt be payable in sterling, at
W m . J. PA LM E R,
For the purchaser.
the rate o f fou r shillings and one penny half-penny
(4s. lH d.) per dollar, less incom e tax, and will be de
The undersigned have accepted the appointment
TH
E
CENTRAL
TRUST
COMPANY is now
livered on or about the same date at the office o f the as members o f the Purchasing Committee under the
oompany, 88 Cannon Street, London, England.
prepared to receive stock and income bonds, issuing,
The transfer books of the company will be closed Matheson-Palmer Reorganization Agreem ent o f
in London at 3 o ’clock P. M. on Monday, Jan, 10, and Oct. 15, 1886, and bonds can he deposited to their certificates therefor under the above plan.
in Montreal and New York at the sume hour on Satorder as stated in the foregoing notice.
e o r g a n iz a t io n
of
the
Ph i l a d e l
Frfday,^Feb.Is, 1887.WlU be reopened at 10 A- M on
p h ia &
HEADING ’ R A IL R O A D COM
Dated Dec. 6,1886.
P A N Y AND A F F IL IA T E D COMPANIES.
„
CHARLES DR IN KW ATE R , Secretary.
GEORGE S. COE,
Creditors and shareholders are requested to de
OFFICE OF THE SECR’Y, MONTREAL, Dec. 29.1886.
EXSTEIN NORTON,
posit General Mortgage Bonds with Messrs. Drexel
& Co., and other securities with Messrs. Brown
JOSEPH D. POTTS.
Brothers & Co., under the terms o f the agreement
T H E M IC H IG A N C E N T R A L R A I L o f March 22, 1886, as modified by the plan o f re
x
ROAD COMPANY,
organization o f December 14,1883, copies o f which
T r e a s u r e r ’ s Offic e ,
can
be had upon application at the respective bank
G r a n d Ce n t r a l D e p o t ,
TO BONDHOLDERS
ing houses o f tne depositories, and at the Guaran
. , _ _ __ N e w Y o r k , Dec. so, 1886. ,
tee Trust and Safe Deposit Company.
TH E BOARD OF DIRECTORS o f this company
General Mortgage bondholders on depositing
have this day declared a dividend o f TW O per cent
OF TH E
their bonds will receive from Drexel & C >. en
caPltal stock, payable on TU ESD A Y, the
graved certificates now negotiable at the Stock
15th day o f February next at this office.
I
Exchange and the interest now due under the
The transfer books will be closed at 3 P. M . on
plan. 1
Saturday, the 15th January, and will be reooened on
F or all ether securities Temporary receipts will
tue morning o f Friday, the 18th day o f February next
be issued by Brown Brothers & Co., exchangeable
H E N R Y P R A T T , Treasurer.
The agreement fo r the reorganization o f the Mex fo r engraved rertifleates (as soon as they can be
prepared), to be made negotiable at the Stock Ex
H E C A N A D A SOUTH ERN R A IL W A Y CO.
ican National Railway Company, executed between change, entitling the holder to the new securities
T r e a s u r e r ’ s Offic e ,
Messrs. Matheson & Co., o f London, and General alter reorganization.
G r a n d Ce n t r a l D e p o t ,
Tne cash subscription will be called fo r in instal
William J. Palmer, o f New York, dated Oct. 15,1886,
.
N e w Y o r k , Dec. 30,1886. i
ments o f twenty-five per cent each and thirty days’
T H E BOARD OF DIRECTORS o f this company haviDg beeen adopted by this committee, bondhold notice by advertisement will be given prior to each
fiSJ® X tt8a S ^ 4 .e9iarey. a dividend o f ONE AND ers are now notified that they should deposit their call
Cent- upon its capital stock,
Creditors and shareholders are given until March 1.
payable on TUESD A Y, the fifteenth day o f February bonds with as little delay as possible in the Union 1887, to accept the provisions of this plan.
next, at this office.
Trust Company, subject to the order o f the Purchas
In case a reorganization without foreclosure can
«
trausier books will be closed at 3 P. M. on
not be effected, then all parties who have failed to
Saturday, tbe loth January, and will be reopened on ing Committee—George S. Coe, Eckstein Norton, deposit under the plan by March 1, 1887, will be ex
the morning o f Friday, tbe 18th day o f February next. and Joseph D. Potts.
cluded from, all participation in the reorganization
HENRY P R A T T , A cting Treasurer.
by
foreclosure, which {if there be sufficient deposits
A s the execution o f this plan involves many mas
saiisfu the Trustees), will then be brought about
ters wherein assenting bondholders have powers to
immediately,
and for the benefit of those only who have
Q F F I C E O F W E L L S , F A R G O * C O . , and rights other than those which are held or exer deposited.
No. 65 B r o a d w a y , N e w Y o r k , Dec. 2 0 ,I8fc6.— cised by the Purchasing Committee, this committee,
JOHN B. GA R RE TT,
Chairman Reconstruction Trustees,
The regular semi-annual dividend o f FOUR PER at the request o f a large number o f bondholders,
CENT has been declared by the directors o f this continues its organization and will represent bond
company, payable Jan. 15, 1887, at our office, as holders collectively, in order to protect such powers
above. The transfer books will close Dec, 31,1886, and rights and aid the execution o f the plan.
Notice to Holders of 5 Per Ceri*
at 2 P. M., and reopen JaD. 17th, 1887.
Bondholders, therefore, who desire to be so repre
Bonds.
H . B. PARSONS, Assistant Sec’y.
sented are requested to sign a proxy or power to
T o meet the requirements o f the Stock Exchange,
that effect to this committee.
this bond has been newly engraved and the new
t h e D E S M O IN E S & F O R T D O D G E
Bondholders represented by this committee will bond is ready fo r delivery. The holders are l equesbto send them to Winslow, Lanier & Co. New xork.
R A IL W A Y COM PANY.
be notified at the proper time o f their pro rata rights ed
_________________J. H . P. H U G H A R T , Secretary.
The coupons o f this company falling due January o f subscription to the new securities and o f any
N O BFOLK
&
W ESTERN
R A IL
1,1887, will be purchased and paid fo r on presenta other privileges.
J-1 R o a d CO.—T r e a s u r e r ’ s Office , 333 w a l
tion at the office o f Morton, Bliss & Co., at the rate
Copies o f this power and any further information n u t St r e e t , P r il a d e l p h ia , Nov. 20, 1886,
o f fou r per cent, per annum, or $20 fo r each coupon desired can be had by applying to the Secretary o f
To holders o f bonds o f thesouthside Railroad Com
pany, maturing January 1st, 1887:
EDW IN F. W RIG H T,
the committee, W . W . NEVIN , 32 Nassau Street,
The holders o f $100,000 First Preferred 8 per cent
December 31,1886.
Secretary.
New York.
and $93,000 Second Preferred 6 per cent Consoli
dated Mortgage Bonds o f the Southside Railroad
T h e
m e r c a n t il e
n a t io n a l
SPENCER TRASK,
SELAH CH AM BERLAIN, Company, maturing January 1,1887, are hereby no»
titled that the same, together with the six m y t h s '
191 Broadway, N ew Y o r k . Dec. 11. JOHN DE R U YTE R, H E N R Y AM Y,
interest coupons thereon, then due, will be pur
The annual election for Directors o f this bank
chased and paid fo r at par at maturity, on the pre
7,11* go held at the banking house on Tuesday, Jan. GEORGE BURNHAM , CHARLES J. CANDA,
sentation o f the bonds and coupons at this office.
11.1887, between the hours o f 12 M. and i p . M
SAM UEL B. PARSONS, WM. E. D. STOKES,
Interest on said bonds will cease on that date.
F. B. SCHENCK, Cashier.
AUGUST R U TT EE ,
Committee.
ROBERT W. SMITH Treasu
E
Lake Erie & Western R’y Co.
S
Mexican National RV Co.
R
Mexican National R’y Go.
T
j
Grand Rapids & Indiana RR.
B y N. W . B O W E ,
R e a l E state A uction eer.
New Y o r k Office 9 6 B road w ay , cor. W a ll st.
STRICTLY flrsfr-class Kansas Farm Mortgages
paying an annual interest o f
o*
ALL THE PROPERTY, FRANCHISES,
RIGHTS, &C„
OF THE
S O E T U E R N T E L E G R A P H CO.
Seyen Per Cent Guaranteed.
Interest coupons payable at the CHASE N A
TIONAL BANK, New York. Send fo r circular.
References: Chase National Bank; Winslow. Lanier
& Co., &c.
W . S. Grosvenor. Pres., I Klngman Kan.
j . P. Jones. V ice Pres., 1
’_______
B y v irtu e o f th e fo llo w in g d ecrees en tered in
th e ca u ses o f “ W illiam M ahon e, & o .,v s .T h e
B outhem T elegrap h C om p a n y an d oth ers” an d
“ T h e F a rm ers’ L o a n a n d T ru st C om p a n y vs.
Sam e” —viz.:
1. D ecree en tered in said causes in th e U n ited
States C ircuit C ourt fo r th e E astern D istrict o f
V irgin ia , on th e 2 1 s t d a y o f D ecem b er. 1885;
2 . D e cre e en tered in said causes in th e U n ited
S tates C ircu it C ou rt fo r the W estern D is trict
o f N orth C arolina, o n th e 4 th d a y o f F e b ru
a ry , 1 8 8 6 ;
8 . D ecree en tered in said causes in th e U n ited
S tates C ircu it C ou rt fo r the D is trict o f S ou th
C arolina, o n th e 4 th d a y o f F eb ru a ry , 1 8 8 6 ;
4 . D ecree en tered in said ca u ses in th e U n ited
States C ircu it C ou rt fo r th e M id d le D is trict o f
A la b a m a , o n th e 5 th d a y o f F eb ru a ry , 1 8 8 6 ;
5. D ecree en tered in said ca u ses in th e U nited
S t a t e s C ircu it C ou rt fo r th e N orthern D istrict
o l G eorgia , on th e 10th d a y o f F eb ru a ry , 1886;
Tli© un d ersign ed , S pecial C om m issioners
a p p oin ted th ereb y , w ill sell at p u b lic a u ction ,
in ir o u t o f th e office o f the auctioneer, N o. 4
N orth E leventh Street, in th e C ity o f R ich F E B R U A R Y 1 . 1 88 7 ,
_
at 1 2 o ’ clo ck M ., A L L T H E R IG H T , T IT L E ,
A N D IN T E R E S T , O F E V E R Y K IN D A N D
N A T U R E , O F T B fo SO U TH ER N T E L E G R A P H
C O M P A N Y in an d t o th e lin e o f teleg ra p h to,
from , and b etw een th e city o f W ash in gton and
th e city o f Selm a, A la ., and the va riou s b ra n ch es
th e re o f (a bou t 1 ,8 0 0 m iles o f p oles and a bou t
B.OoO m iles o f w ire ), togei h er w ith a llth e L ands,
P rop erties, Fran ch ises, T elegrap h L ines, C ables,
P oli s, W ires, Instrum ents, T ools, A p pa ra tu ses,
Offices, M x tu res, P a te ’ te, P a ten t-R igh ts, Con
tra cts, L eases, Securities, R ig h ts, Claim s, I n
tere s t, a n d D em a n d s o f e v ery Stud, nature, an d
d escrip tion w h atsoever, w h erever th e sam e m a y
b e o r h o w e v e r situated, n o w held, ow n ed , o r
p ossessed b y th e said com p a n y ,
T h e said teleg ra p h lin e is In g o o d con d ition ,
and is n o w d o in g a g o o d business.
T he lin e w ill b e sold s u b je ct to a traffic a r
ra n g em en t n o w e x is tin g b etw een it a n d th e
M u tu al U n ion T elegrap h C om p a n y, w h ic h w ill
e x p ire at th e o p tion o f the p u rch a ser u p o n s ix ty
d a y s ’ n otice.
T e r m s o f S a l e : T en p er ce n t o f purchasem o n e y in ca sh an d a sufficient sum in a d d ition
t o m ak e su ch p a ym en t a m ou n t to $ >0,000;
th e ba la n ce w ith in th irty d a y s a f e r sale.
A n y m rth e r in form a tion d esired w ill b e g iv en
b v A . L. B o u l w a r b , receiv er, a t R ich m on d , V a.
J
A . L. BOU LW ARE,
H . B. TU RN ER,
C om m issioners.
N. W . B o w e , A u ction eer.
Indiana Bloomington & Western
FIRSTS, SECONDS AND EASTERN DIVISION
BONDS,
assenting to the plan o f reorganization, must be
deposited with the Central Trust Company (for
Which ENGRAVED CERTIFICATES are now ready)
on or before Jan. 15,1887. A fter that date bonds
will not be received except on payment o f such
penalty as shall be imposed by the committee.
Only bonds actually deposited are entitled to par
ticipate in the proposed purchase o f the property.
INCOME BONDS must be deposited on or before
March 1,1887.
Holders o f STOCK are required to pay to the
Central Trust Company THREE AND ONE-HALF
PE R CENT o f the par value o f their holdings on or
before Feb. 1.1887, and the like amount on or before
March 2, 1887.
Application has been made to list the Trust Com
pany’s certificates on the New York Stock Exchange.
F T P . OLCOTT,
J. L. FARW KLL,
F. O. FRENCH’
DUMONT CLARKE,
J. R. M AXW ELL, Purchasing Committee.
J. D. Campbell, Secretary, 115 Broadway, N. Y.
National W ater W orks Co.
S IX P E R C E N T
W A T E R SU PP LY BONDS,
Henry S. Ives & C o .,
BANKERS,
S T .,
NEW
YORK.
P. O. BOX 1,422.
Transact a general banking business, including the
purchase and sale o f securities listed at the New
York Stock Exchange, or in the open market.
Receive deposits subject to check at sight and
allow interest on daily balances.
Government, State, County, City and Railroad
Ponds constantly on hand fo r sale or exchange, and
particular attention given to the subject o f invest
ments for institutions and trust funds.
M ortgage Trust C o .,
SUCCESSOR T O
Jarvis, Conklin & C o .,
KANSAS
C a p it a l P a i d U p
Kansas C ity W aterW ork s
Interest June and December.
C e n tra l T r u s t C om pany,
T ru stee.
For sale by
T A IN T O R & H O L T ,
11 W a l l , C orn er N e w Street.
T roy & Boston R R .
7 P E R CENT
CONSOLIDATED MORTGAGE BONDS
D 1T E D 1874,
D U E 1924,
Interest January and July,
W AN TE D B Y
CHARLES
4 1 1 W a l n u t S t ., P h i l a d e l p h i a .
OR TO
M essrs. M O R G A N & B R E N N A N »
Closson & D u m on t,
Lands
1 0 ,0 0 0 A C R E S IN O N E T R A C T , IN A
S T A T E S O U T H O F O H IO .
Quality equal to Connellsville. Three veins, 120
inches. Close proximity to rail ads, and furnaces
o f large capacity. A t a bargain.
Apply to
GEO. B. R IPLEY,
60 Broadway
New York Central,
Pennsylvania,
Chicago & Northwestern,
Chicago Rock Island & Pacific,
Chicago Milwaukee & St. Paul,
St. Paul Minneapolis & Manitoba.
Various issues o f the above companies and other
high-grade investment bonds fo r sale by
K U H N , L O E B & CO.,
3 0 N a s s a u S tre e t.
Investment Securities
W ANTED:
Toledo Ann Arbor & North Michigan lsts.
Southern Central lsts.
Middletown Unionville & W ater Gap 5s.
Indianapolis & Vincennes lsts and 2ds.
Scioto Valley Ronds, all issues.
A L B E R T E . H A C H F IE L D ,
N o . S 1« F i n e S t r e e t .
Bible H o tel,
AM STERDAM .
Beautifully situated in the centre o f the city, close
to the Railway Station and the Exchange. First
rate cooking. Excellent wines. Moderate prices.
W . P. W ER KE R , Manager.
$ 1 ,0 9 0 ,0 0 0
A . D . R . C R A W F O R D , M anager,
T . Clo sson .
J o h n b . D umont
H e m a n Cl a r k . Special Partner.
Coal and Coke
-
T h e a b o v e C om p a n y n eg otia tes m ortga ges
o n im p ro v e d R e a l E sta te w o r th fro m th ree to
fiv e tim es th e a m ou n t o f th e loa n s.
The
M ortgages are fo r fiv e y e a rs a n d d ra w s ix
a n d s e v e n p e r c e n t in terest.
I t also offers its te n -y e a r D eb en tu res, draw
in g s ix p e r ce n t in terest, w h ic h are direofc
o b lig a tio n s o f th e C om p an y. T h e y are issu ed
in series o f $ 1 0 0 ,0 0 0 a n d secu red by an eq u a l
a m ou nt o f F irs t M ortgages o n im p r o v e d R e a l
E sta te d e p o site d in tru st w ith th e M erca n tile
T ru st C o m p a n y o f N ew Y o r k C ity. T h e y are
fu rth er secu red b y the en tire p a id u p ca p ita l Of
th e C om p any, a m o u n tin g to $ 1,0 0 0 ,0 0 0 .
terest an d p rin cip a l p a y a b le at Mercantile
T ru st Co.
W rite fo r fu rth e r in form a tib n a n d re fe re n ce
t o ou r offices a t K an sa s C ity, M o., o r to
T . W IN G ,
BAN KERS AND BRO KERS.
N o . 4 0 W a l l S tr e e t, N e w Y o r k
A ll stocks and securities dealt in at the New York
Stock Exchange bought and sold on commission, for
cash or on margin. Deposits reoeived and interest
allowed on balances.
, I
________
-
MO.
R O L A N D R . C O N K L I N , Scc’ y .
W M . P . S H E L L E Y , T reas’ r.
G E O . W . M c C R A R Y , C o u n e e l.
18 W A L L S T R E E T .
ja m b s
C IT Y ,
S A M U E L M . J A R V I S , P r e s ’ t,
E D W I N E . W I L S O N , 1 s t V lc e -P r e s H .
H E N R Y P . M O R G A N , 2 d V lc e -P r e s H .
Secured by Mortgage on the
BOUGHT AND SOLD.
NASSAU
J arvis- Conklin
Kansas Security C o .,
Commissioners’ Sale
25
ffiimticial._______
gfinanclal._______
fffittanicial.
N O.
[V ol. XLIV.
T H E C H R O N IC L E
Tl
M anagers,
2 7 C u s t o m H o u s e S tr e e t,
P r o v id e n c e , R . I .
M assasoit
House,
S P R IN G F IE L D , M ASS.
THE BEST APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Convenient fo r the tourist or business man. Near
Union Depot.
W . H . C H A P IN .
Fifth
A venue
HOTEL,
M adison Squ are,
NEW YORK,
The Largest Best Appointed and Most Liberally
Managed H o te l in the City, with the Most Central
and Delightful Lo^atiomc o c K DARLING * CO.
JOHN G. MOORE.
W . K. KITCHEN.
G. B. SCHLEY
Moore & Schley,
BANKERS AND BROKERS.
B R O A D S T R E E T , N E W .Y O R K .
.Br a n c h Of f ic e s :'
_
^
72 W all St., N. Y.
114 So. Third St., PhUa. i
Connected with
I. A . EVANS & Co., Boston,
Corso n & Ma c a r t n e y , Washington, D.C.
E. L. B r e w s t e r & Co., Chicago.
H d b h a k d & f a r m e r , Hartford.
Private W ire Connections.
Buy and sell Stocks, Bonds and Miscellaneous
Securities on New York Exchanges: also Grain and
Provisions on Chicago Board o f Trade._______ ______
26
Spencer
Trask &
C o .,
B A N K E R S <k B R O K E R S
16 and 18 Broad Street, N. V
Albany, N. Y.
Providence, R. I
Saratoga.
Transact a General Banking Busineß8.
Direct Private Wires to each offioe and to
PHILADELPHIA,
BOSTON,
WORCESTER.
HUNT’S
MERCHANTS'
M A G A Z IN E ,’
p « u r 0 jia p e r,
BBPRESENTINq THE i n d u s t r i a l a n d c o m m e r c i a l
V O L. 44
of
the
u n it e d
S A T U R D A Y , J A N U A R Y 8, 1887.
states
NO. 1,124.
December the total exohang s show a large increase over
the figures for the preceding month, and contrasted with De
C o m m e r c i a l a n d F i n a n c i a l C h r o n i c l e is published in cember of last year record a gain of 13 1 per cent. For the
full year the excess in comparison with 1885 is 18 4 per cent
New York every Saturday morning.
3fbjc
The
in t e r e s t s
© Ix r o ttic lc .
[E n te re d a t tlie P o s t Oiflee. N e w Y ork , N . Y ., as s e c o n d cla ss m a il m atter.]
WILLIAM
AM B. DASA. )
f
JOHN o . I'LOTD.
>
C L E A R IN G
HOUSE RETURNS.
The present statement of exchanges, that for the week
ended with the first of January, covens a broken week the
returns from many of the more imp >rtant cities embracing
only five business days. In comparison with the figures for
the preceding week (which also covered only five day’s trans
actions) there is a decline of some seventy-nine millions of
dollars, which, however, is of no particular significance as a
loss m exchanges is usual in the closing days of the year.
Contrasted with the corresponding week of last year a loss in
- the aggregate of 7 9 per cent is exhibited; this loss is due
entirely to the felling off at New York, for in the balance of
the country a gam of 4 5 per cent is recorded. Moreover, the
decline at New York and the small percentage of increase
elsewhere is mainly accounted for from the fact that the
returns for last year included a considerable portion of the
annual interest payments, whereas in the current figures thev
are entirely wanting
3
Week Ending Jan. 1 .
1887.
1886.
$526,272,25«
$608,097,19 1
Sale» of—
(Stock»....»hare».
(C otton.,..bale».
(G ra in .. .bushels
(Petroleum..bbls.,
(1,009,929
(332,900
(81,042,000
(23,929,000
B o s to n ...........
P rovidence..........
H artford................
New H aven...........
Portland................
W orcester...........
S pringfield ...........
L o w e ll..................
$82,484,085
4,006,'c00
1,468,415
995,855
858,080
899,951
739,186
557,211
Per Cent.
Week Ending Dec. 35.
1886.
—13*5
$604,768,629
(1,684,274
(338,600
(22,599,000
(42,962.000
(-4*4)
(-1*7)
i+37-4)
(-44*3)
(1,808,615
(473,900)
(30.408.000)
(23.180.000)
$81,647,298
4,674,900
1,774,124
985,504
931,902
886,754
797,189
519,760
+1*0
—15
—17*2
+1*0
—7*9
+1*5
—7*3
+7*2
$73,379,915
3,978,800
1,477,866
981,050
831,990
809,129
771,429
463.538
T otal N. England
$92,609,383
$92,217,428
+0*4
$82,681,507
Philadelphia.........
$47,512,438
8,245,550
10,134,927
147,451,313
+0-1
9,300,117
’+ 9*0
(55,023,544
7,942,528
10,221,832
$65,892,915
$63,206,379
+4*2
$73,187,904
8,418,800
-fO*0
3,250,949 +13*9
2,477,845 +16*9
1,122,427 -(-125*0
2,015,777 + 2 9 8
1,571,712
—1*7
549,705 +39*8
2,395,390 +57*5
2,250,840 +23*4
+2*2
3,010,481
$43,648,212
10,021,850
3,832,402
8,221,428
2,932,554
2,809,512
* 1,525,000
983,222
4,510,410
3,313,520
8,390,810
Baltimore.............
T otal M id d le....
C incinnati.............
Milwaukee.............
D etroit...................
Indianapolis..........
Cleveland..............
Columbus..............
Peoria.....................
Omaha...................
Minneapolis..........
Denver..................
8,368,900
3,702,927
2.896,226
2,525,987
2,615,940
1,545,164
708,608
3,773,034
2,778,129
8,081,747
T otal W estern ...
$73,588,429
$09,022,822
+6*6
$79,994,732
St Louis................
St. Joseph...........
New Orleans..........
L o u isville............
Kansas City..........
M em phis..............
Calveston..............
$13,649,512
1,O52,»30
9,315,000
3,349,461
5,498,137
1,995,823
1,451,783
$13,282,028
800,054
10,235,338
4,327,059
4,089,696
1,257,809
1,548,745
+2-8
+31*6
—9*0
—22*0
+34*4
+58*7
-6*3
$14,348,682
1,180,324
11,212,000
3,517,405
6,497,581
2,172,475
1,531,157
P erO w
-5 0
+2*4
+71*8
+ 10*0
+3*4
+57*2
+35*1
-5*8
Total Southern..
$36,312,552
$35,540,729
+2*2
$40,485,604
+13*5
$14,716,888
$1^,040,039
+83*3
$13,741,999
+557
$809,392,423
$879.124,594
-7 9
*894.840,275
+ 0*8
Estimated.
1886.
1885.
Twelve month».
P.Ct
1880.
1885.
P .C t.
$
$
New Y o r k ..... 3,618,980,010 3,238,393,388
Boston............ 387,759,440 862,361,363
Providence...
21,193,2110
22,810,000
H artford........
7,399,674
6,822.597
New H aven...
5,19»,27?
4,761,539
4,449,189
4,110,089
W orcester......
8,870,924
3,620,612
Springfield....
4,132,930
8,790,070
2,506,551
2,109,779
Tot. N. Eng.
436,503,185
Philadelphia..
Pittsburg.......
B altim ore......
285,007,684
42,572.029
56,158,547
Tot. Middle..
383,798,800
Minneapolis...
249,305,710
49,477,350
19,778,r88
16,257,032
15,091»,214
13,878,651
8,408,231
4,014,792
21.570,900
17,497,355
T ot. W e st...
415,879,529
St. Louis.........
St. J o se p h ....
New Orleans..
Louisville.......
Kansas City...
Memphis.........
74,050,537
5,731,145
54,027,000
29,420,208
81,042,703
11,712,461
Cincinnati......
M ilwaukee....
Indianapolis...
C leveland......
Columbus.......
$
$
+11*8 13,670,829,612 28,152,201,386 +19*0
+7*0 4,095.215.231 3,483,134,891 +17*0
-7*1
»32,688,200
210,405,200 +7*5
+8*5
86,985,070
81, !40,576 4-7*2
+9*9
58,721,805
54,908.474
47,793,118
45,006,114 +4*1
+0*8
44,382,0*0
30.5 ol,145 +15*1
+8*9
42,677,230
38,092,001 +12’0
4-15*5
27,025,252
23,115,110 +10*9
419,400,853 +0*8 4,035,470,435 3,981,310,080 +16*4
247,102,993 +15*3 2,919,798,360 2,374.490.313 +82*7
32,324,744 +31*7
409,155.807
350,171,593 4-14*9
50,752,147 +10*0
616,303,898
581,918,197 +5*0
330,239,884. +16*2 3,938,257,625 3,312,580,103 +18*9
230,803,423 +8*0 2,604,762,912 2,818,579,001 +12*8
41,355,950 +19*6
512,708,500
445.250,350 4-15*2
19,423,76 » 4-1¡8
190,335,010
186,502,013 +5*3
13,623 2^8
165,798,059
142.291,343 +16*5
6,700,913 +125*
90,895,598
65,9 ( 1,H1 > t37*9
10.859,932 +33*0
129,813,633
103,561,302 +-85*4
7,245,971 +16*0
92,079,504
09,4 4,891 4-82*5
8,300,623 + 80*6
40,911,541
40,765,061 +0*4
12,920,498 + 0 .0
187,732,845
122.708,15-1 +52*9
14,541,501 4-20*3
164,301,748
125,47 ;,479] rSO-9
360,287,868 +15*4 4,185,339,956 3.020,595,304 +15*6
70,910,946 +5*3
8,892,539 4-47*2
55.424,817 -1*4
20,750,400 -4-8*1
22.228,795 -+-89*7
7,841,135 +49*4
810,795,062
48,394,307
388,487,905
238,*<92,562
283,941,002
82,042,193
759,130,425 + 6*8
80,502,631 +32*4
387,78 .700 +0*2
217,748,973 +7*1
223,780,410 +20*9
6 «,703,941 +S|2*1
( + 13-4)
Tot. South... 200,190,114 181,054,038 +10*6 1,847,553,771 1,692,723.049 •+9*2
(+22 0)
(+33-8) San Francisco.
72,392,984
51,847,30$ 4-39*0
642,221,392
562,344,738 +14*8
.'—44-6)
Total all...... 5,127,745,282 4,572,283,981 4-12*1 48,925,072,701 41,321,754,610 +18*4
+ 10 6
-6 -8 Outside N. Y .. 1,508.704,072 1.333.890,013 8-13*1 15,248,843,170 13,169,553,274 +15*0
+ 13 4
Operationsi oon
the New York exchanges for twelve months
% 1 UOfi
o e r __________ *i i i
+14-4
+1-9
+ 13 0
Twelve months, 1886.
’t welve months, 1883.
+ 12-1
Actual
Aver'ge Pa/r Value
+16-2 Description. P a r Value
Actual
Aver'ge
or Quantity
Value.
Price. or Quantity
Value.
Price.
+9-7
100,802,050
92,538,947
Stock 1 v a p I *8973374877 15885662200 65*0 1
$8545,223,200 f 54798598-fb 64*1
+19-3 RR. bonds...
$587,237.500 $496,670,111 84*0 1 $060,059,400 $449,699,253 08*1
+ 22-0 G ov’t bonds. $12,793,500 $15,433,131 120-7
$15,201,200 $17,910,147 117*4
$7,313,158 35*9
+10-0 State bonds. $20,394,411
$14,078,053
$4,231,401 28*8
Bank stocks. $2,149,715
$1,982,587 92*2
$1,021,930
$1.143.227 110*9
+18-3
Total ... $9595950003 *6407061,187 60*8
$9236,843,783 $5952851,958 64*4
+1-7 Petr’l’m.bbls 2312,795,000 *1683601,351» 72 8-10c 8,532,459,000
3,218.220,535 01 l-10e
+81-8 Cotton, bales 23,304,100 *1037541,820 $40*66
19,400,900 $100558t,190 $5107
d rain... bush 1890,454,383 *1578290,259 83Mc 1,882,421,518
$1018460,074 860.
— 0*0
Total value
+21*5
10756554,010
11795121,757
+1408
Our usual telegraphic returns of exchanges for the fine days
+ 55 0
+3*4 are given below. In comparison with last year the present
figures
exhibit
a gainAl__•
in_______
the _aggregate
of
13 per cent, and
+56*9 All
.
1
rt A
fold A
\T/\nv
+72*4
+42*8
Five Days Ending Jan. 7.
5 D’ye End'g Dee. 3L
+25*7
1887.
1886.
P
er
Cent.
1886.
+15*0
P ercen t
San F rancisco.......
Total a l l ............
December.
,, P
P lu b l i s h e r s ,
l , D A W A * C oo *>
7 9 & 81 W i l l i a m S tre e t, N E W Y O R K .
P o st O f f ic e B o x 9 58 .
New Y ork..............
Sales o f Stock (shs.)
Boston....................
Philadelphia........
$609,083,937
(1,515,712)
85,178.902
53,428,798
New Orleans........
$701,441,619
(1,401,164)
76,606,495
04,364,702
14,508,842
55,285,000
17,409.575
10,881,486
11,048,426
T o t a l . . . » ........
Balance, Country *
$940,497,779
77,480,838
*836,983,075
63,931,840
+14*6
(—7*6)
—10*1
+20*5
+14*2
+10*5
—1*5
$526,272.256
(1,277.132)
65,051.924
47,512.438
10,184.927
41,533,O'®
13619,512
0,083,244
+19*3
(—44*9)
+30*1
+41*5
+48*1
+36*7
+38*6
+7*8
+12*4
821*2
$713,837.301
74,029.839
+ 22 7
+30*9
Total a ll... ... .. $1,017,987,017 *900,939,921 +13*0
Outside New York $310,545,698 *290,955,9841 + 8 8
* Estimated on the basis o f the last weekly returns.
$787,860,040
+«3*9
*201,594,304
+34*0
T H E C H R O N IC LE .
32
[VOL.
XL1V,
this adjudication is a “ county affair,” and whether Judge
Jones “ retires from the bench next month,” or whether
he
does not, the case and the Judge have now become
There has been no change of any importance in the
famous.
The important facts and the points decided are
money market the past week. Bankers’ balances on call
at the Stock Exchange have been from 4 to 6 per cent, few. The Union Trust Company represents the second
averaging about 5 per cent; renewals have been made at mortgage of 10 million dollars and asks for foreclosure.
from 5 to 6 per cent, and the banks claim to have done The Central Trust Company represents the first mortgage
nothing below 6 per cent. The ordinary January dis of 15 million dollars and files a cross petition asking that
bursements by the Treasury seem to have been to a large its claim be adjudged a prior lien. It is admitted by the
extent anticipated before the end of the year, and there Judge in his opinion, or not questioned, (1) that the
fore but a small supply of money new to the street has Nickle Plate Company is a corporation de facto with
come from that source.
And yet, as the semi, power to mortgage its property ; (2) that it had full
annual interest, payable through the banks and authority to execute the mortgage in question, and that
trust companies,
and
the
dividends
on
stocks it did execute it in correct form ; (3) that there is nothing
due at this period, are being rapidly disbursed now, these on the face of the mortgage or in the recorded facts in
institutions are gradually getting into position where they any way vitiating the instrument ; (4) the circumstance
can more freely loan funds. The demands of stock specula which did vitiate it was a matter outside of and subse
tion and commission houses are not urgent at the moment. quent to its making and recording ; (5) that the vitiating
Commercial paper is increasing, but none is taken by the act was (to use the words of the Judge) “ the transfer in
banks below 6 per cen t; in fact, as stated, they are doing “ a lump of $50,000,000 of its (the Nickle Plate) capital
very little in any way at a lower figure, and show no dis “ stock and $15,000,000 of the bonds of the * * com« pany (secured by said mortgage to said Central Trust
position even now to tie up their funds at any less rate.
In the open market at London, money has ruled lower» “ Company) by the directors of said railroad to them60 day to 3 months’ bank bills being reported by cable it selves and other members of said syndicate;” (6) that
easy at 3g per cent, though the Bank minimum remains un this transfer “ was in effect a fraudulent sale of said stocks
changed at 5 percent. This ease was expected, being the a and bonds in consideration of the sum thereto advanced,
result of the usual semi-annual disbursements. Mail ad “ or agreed to be advanced by the members of said syn
* * *
about $18,000,000.”
In a word
vices seem to foreshadow a gradual hardening of the d ic a t e
then,
the
use
by
the
directors
of
the
bonds
together
with
open market rate.
That expectation is not based
the
stock
in
a
manner
which
the
Court
says
the
laws
of
upon any revived trade demand but solely upon
the small stock
of
bullion and
the
probable Ohio forbid, vitiates not the bonds but the mortgage and
movements of gold in the near future. The Economist the lien under it. The statute referred to reads, “ All caprefers
to a demand upon London for Australia ii ital stock, bonds, notes or other securities of a company
which is the more important because it also includes a “ purchased of a company by a director thereof, either
stoppage of supplies from the source which has heretofore “ directly or indirectly, for less than par value thereof
been the chief reliance, France and Germany being dis- " shall be null and void.”
To us the ruling of the Court seems very questionable
posed to retain their respective stocks of the metal. When
law,
and if law, very inequitable and unsettling. These
the fact is considered that the Bank of England now has
bonds
have now passed into innocent holders’ hands, hav
but £19,306,695 bullion, and that the proportion of reserve
ing
been
for years (that is ever since their issue in 1881)
to liabilities is 30$- per cent, the lowest it has been since
January 2, 1883, when it was 29£, it is not surprising on the market and largely dealt in, as high as 109 having
that concern should be expressed. Yet we notice that been given for them, and during all this time the State
some gold is going to London from Paris now. A special has sat still taking no legal action to protect the pub
cable to us shows that the gain for the week by the Bank lic ; but at this late day a Court of the State comes
of England, which is reported at £487,000, was made in and declares in substance that the mortgage
up by an import, principally from France, of £165,000 is void ab initio. Is it not quite peculiar that the Judge
and from receipts from the interior of Great Britain of should assume without any argument on his part that the
£342,000, and by an export to Natal of £20,000.
Still above statute applies to a railroad mortgage ? It would
the market at Paris is reported to be quite bare, and apply to railroad bonds clearly, but the difficulty the
shippers in applying at the Bank have to take whatever Court would have met if that interpretation of the statute
had been accepted would be, that since the bonds are nego
is offered.
Foreign exchange was irregular early in the week, with tiable instruments and valid in the hands of innocent
sight bills and cable transfers strong, and long sterling parties the directors’ act could not harm the present bona
and commercial drafts heavy. This condition was due to a fide holders. So the Court goes a step further, and appar
demand for prompt remittance for stocks sold here for ently assumes that the words “ other securities ", cover rail
European account. Later there arose an inquiry for long road mortgages, althoigh the specifications in the statute
bills, stimulated by easier rates for discount in London, seem to preclude any such intention in the Legislature.
and this caused an advance in both classes of sterling on It is scarcely reasonable to assume that the law-makers
Thursday, the market being steady at the higher figures omitted to name the largest security of all (except stock),
but apparently no urgency in the demand. Yesterday ? and yet intended to cover it. Besides, we do not see how it
however, the market was firm again, and the Canadian can be said that the directors purchased the mortgage;
banks marked up the rate ■$ cent. A t current rates gold they purchased the bonds, a distinct instrument he says
imports are stopped, not only from London, but also from held to be negotiable ; or if it is claimed that the mortgage
the Continent. The arrivals this week have been $1,642,. is a part of and goes with the bond, then it would seem to
800 by the Saale on Monday and $880,968 by the Nor follow, and the Court will have to hold, that some of the
qualities of a negotiable instrument belong to a railroad
mandie Tuesday, making a total of $2,523,768.
mortgage
as well as to the bond. Millions of these and other
The most notable event of the week is the Nickle Plate
first
mortgage
bonds pass from hand to hand daily, and
decision by Judge Jones, of Cleveland, Ohio. Whether,
as the daily presB states, the Court which has given us the confidence the public have placed in them is because
t h e f in a n c ia l
s it u a t io n
.
J a n u a r y 8, 1887.J
T H E C H R O N IC LE .
33
of the security and guaranty that they are first mortgages dollars in the Treasury J anuary 1, was greater than a month
on the road named in them, and that the mortgage se ago by $3,594,300, while the coinage amounted to only
curity lies back of the bonds and follows them ; so that if $2,550,261. The fact remains, however, that in one form
“ commercial usage ” continues to be “ a part of the com or another the Government was able to get out $7,484,559
mon law ” the Courts cannot fail to find a way to protect of its silver during the month, in addition to the $2,550,261
the public in this its business practice.
of new coinage. In other words, over 10 millions of silver
Some such distinction as we have made seems for a mo was put afloat in Decemoer. The movement has been in
ment to have dawned on the mind of Judge Jones, for in his progress now for five months, and in that time fully 354
“fourth” finding he closes as follows: “ W e therefore hold millions have gone into circulation, as the following state*
“ and decree that the alleged 15 million dollar mortgage m e n t, a r r a n g e d b y m o n th s , w ill s h o w .
“ * * * * is absolutely null and void, and that no
Decrease in
Total
“ preference or lien can be had under said mortgage *
New
net Treasury
Month.
put
Coinage.
Holdings.
“
* by any holder of any bond attempted to be
Afloat.
August........................................ .
«pÄ, 1UVfUW
$4,480,313
‘ ‘ secured thereby unless the negotiability of the bonds September............................... .
9,188,768
October......................................
“ secured thereby when they are in the hands of innocent
6,801,485
8,700,000
5,648,876
‘ holders, will save the mortgage.” The italics are our own December..................................... .
8,550,361
10,034,880
Does not this conclusion read a little queerly? The last
Total five months ...........................
$31,747,005
$13,760.861 1 $35,507,260
clause is apparently as much a part of the “ order and
The new silver certificates did not appear to any con
decree” as the previous portions, and yet directly opposed
siderable extent till the first week of October, but this
to the idea that the “ mortgage is absolutely null and
shows that as early as August silver was being absorbed
void.”
W e took it for a flash of wisdom at first,
in large amounts; latterly, however, the movement has
but on reading the next paragraph we concluded that the
gained force. It is satisfactory to note that the channels
closing clause got in by mistake. For the Judge goes on
of trade are apparently taking all of it now, for the
t o say: “ Fifth— It has been claimed that the bonds
proportion of silver certificates in the Customs receipts
‘ secured by this mortgage are all now in the hands of
has increased but slightly, being for December only 15^“ innocent holders, * * * but in our opinion it makes per cent.
“ no difference,” &c. And then he explains with no little
The Georgia Central election has resulted in the choice
detail his conclusion that the bonds even in innocent hold
of General Alexander as President of the road. This is
ers’ hands carry with them no rights under the mortgage;
not only gratifying to his friends, but we think the general
they are simply a debt against the company, &c. In that
public is entitled to share in the feeling of satisfaction felt
connection he cites an Ohio case as conclusive, although it
at the result. Indeed, we think the chief significance of
seems to us quite irrelevant, the cause of action being
the election lies in the demonstration it affords that
nothing but an ordinary promissory note secured by a
honest and open methods, stern opposition to anything
mortgage,'the court in that case holding very properly that
savoring of a desire to conceal information from those
the mortgage was “ not a negotiable chose in action,”
entitled to receive it, and a fixed determination to furnish
although the note was. It is hardly necessary to say that
full and complete statements of operations to stockholders
such a mortgage with such a note bears no resemblance to
and the public, are duly appreciated as adding to the fitness
a railway mortgage with thousands of bonds attached and
ana competency of a candidate for the office of president
afloat everywhere, not only at home, but abroad. But we
of
such
an important body of
roads as are
have sufficiently enlarged uponjthis distinction above.
embraced in the Georgia Central combination.
For,
The Treasury statements for the 1st of January show
be it remembered that the Georgia Central occupies
very strikingly the important changes which are taking
much the same position in the Empire State of the South
place in the Government holdings of money. The fund
that the New York Central does in our own State— it is the
for the redemption of national bank notes further increased State’s main artery of commerce. It stands high in pub
3^ million dollars during the month, and now stands at
lic estimation, both as regards its finances and its man
90|- millions, but notwithstanding the increase in that agement, and therefore affords a type or pattern for other
fund the actual holdings of money (all kinds) decreased roads to copy. Any one can understand, therefore, how
some 6 £ million dollars— in exact figures, $6,827,640. desirable it was, when the issue was fairly raised, that the
A more important point is that in the face of this dimi policy which seemed to meet the requirements of the sit
nution in total holdings, the stock of gold was increased uation so fully in these respects, should find approval.
seven million dollars, the utilization of the new silver W e know that in this section of the country the election
certificates having enabled the Treasury to reduce its sil is interpreted in the light of the effects it is likely to have
ver holdings 7£ millions. In great measure the gain in the upon the formation of the various combinations and con
stock of gold was, we may suppose, rendered possible by solidations in the South, which rumor says are in pros,
the large imports of the metal during December, but the pect, but really we do not think that was a controlling
Treasury has been steadily augmenting its gold holdings factor in the fight, though we have no special informa
for a long time past. The net stock now reaches almost tion on the point. In any event we are sure that General
171 million dollars ($170,912,413), which is decidedly the Alexander will make no changes or alliances calculated to
largest since the present administration went into office- endanger either the interests of the property he is to
It compares with only 136 millions so recently as the 1st administer, or the great State from which the system
of February, and with only 115f millions the 1st of June, draws it main support.
1885, at which latter period it was at its minimum.
Returns of gross earnings still continue very satisfac
W ith regard to silver, the net balance is the smallest for tory. W e give’ on another page a statement showing the
over a year, and as compared with the highest figure, reports of forty-eight roads for the month of December,
August 1, there has been a reduction of about 22 millions. and of these only six record lower totals than a year
At the moment it is the issue of the new one and two dol ago. Undoubtedly when the full statement is compiled,
lar certificates that is enabling the Treasury to work down there will be others, but the favorable character of the
its holdings. This is clear from the fact that the total exhibit will hardly be modified by that circumstance
34
T H E C H R O N IC LE .
[VoL. XL1V*
Tñe forty-sight roads have a gain of nearly $1,500,000, or for the first quarter was 32-6 per cent, diminished with
about 9 per cent. In the case of net earnings, however each succeeding quarter, dropping to 25-1 per cent in the
the exhibits are not quite so encouraging. The latest second quarter, and to 16-9 per cent in the third quarter,
period for which we have returns on these is November, and finally winding up with only 5£ per cent in the last
and latterly quite a number have come in which either quarter. The ratio of gain diminished simply because
show decreased net, or else have an increase much below the comparison was with more and more favorable figures
what the gain in the gross had led the public to expect. in 1885. The following table will show the fluctuations
The Atchison, the Union Pacific and the Burlington & by quarters for every city on which a comparison can be
Quincy, all have diminished net, and chiefly because of made with the corresponding periods in the preceding year,
an increase in expenses. This feature of heavier and also the totals by geographical divisions.
operating expenses has latterly been growing in impor
Cities Reporting
T otal
Fourth
First
Second
Third
tance. There is, however, nothing strange or peculiar
Clearings.
Year.
Quarter. Quarter. Quarter. Quarter.
(000s Omitted.)
about it. It is in consonance with the times. Everything
$7,536.0)7 $10,049,234 $33,67«,830
NEW Y O R K .......1886
6,518,641 9,747,086 28,152.201
1835
is dearer than it was. Fuel, materials, labor, supplies,
+15-6
+3-1
+19'6
Per cen t................
&c., all cost more than at the beginning of 1886. In BOSTON...
1886.
1385.
addition to this, many roads having large surplus earnings
Per cent ..'.............
are apparently devoting them in increased amounts to PROVIDENCE...18S6.
1885.
c e n t ................
betterments, renewals, &c., as they always do when the H APer
R T F O R D ......1886.
1885.
conditions are propitious, so as to be prepared to curtail
P er ce n t.................
NEW H A V E N ..1886.
expenses when the cycle of bad times returns. That the
1885.
er ce n t.................
increased cost of operating did not develop in the earlier P O RP TLA
N D ...... 1886.
1883.
months may have been in part because then the roads
P er cen t.................
W O R CE STER .. .1886.
had materials and supplies on hand purchased at the low
1883.
P er ce n t.................
prices previously prevailing. These stocks have now SPRINGFIELD
.188«.
1883.
presumably been used up. It is important to bear this in
P er cen t.................
mind, because as the higher cost becomes a larger and L O W E L L ............1886.
1885.
Per cen t.................
still larger factor in the case— for prices continue to rise,
T o t a l N . E n g ..1886.
1885.
and nowhere so much as in the articles necessary for the
Per c e n t ...............
conduct and operation of railroads— such circumstance P H IL A D E L 'A ... 1888
1885.
must diminish the force of the gains in gross receipts.
P e r c e n t .............
PITTSBU
RG
....1886
f The usual tables at the end of this article we are forced to omit
1885
Per ce n t...............
to-day, ]
C L E A R IN G S A N D S P E C U L A T IO N I N 1886.
Statements of bank clearings, to attain their full value
either as records of the past or guides to the future, must
be studied in the light of the conditions and circum
stances prevailing at the time the clearings were made.
Hence, before giving our usual detailed reports for the
year just closed, it is desirable that we should in a brief,
preliminary way, make mention of some of the chief
characteristics that have distinguished the year.
In contrast with the gloomy and decidedly unpromising
manner that marked the opening of the preceding year,
1886 opened with business good, confidence general, the
Treasury position strong, the railroads at peace with each
other, and established tariffs well maintained. In every
one of these particulars the late year presented a sharp con
trast to the year previous; and with the prospect thus
encouraging it is not surprising to note a large increase in
the aggregate of the Clearings. The strikes on the rail
roads and labor troubles generally, without doubt tended
to restrict operations and defer new enterprises. Still,
with railroad construction being pushed with vigor and
the iron and steel trades very active and prosperous, and
various new sections of the country, notably in the South,
attracting increased attention, the year closed no less
hopefully than it opened.
In reviewing the results for 1885, it had been noted that
the new forces put in motion in that year hardly gave
evidence of their presence in the record of clearings till
well towards the close of the period. The first and second
.quarters naturally showed totals heavily diminished ; the
third quarter manifested signs of an improving tendency,
but it was not till the fourth or last quarter that the
revival in business and in speculation began to be strongly
reflected in the aggregates of the bank clearings. This is
an important circumstance to bear in mind, because it
explains why the ratio of gain in 1886 (over 1885) which
BALTIM ORE ... 1886
1885
P er cen t................
T o t a l M i d d l e ..188«.
1885.
P er cen t.................
CHICAGO..........1888.
1885.
Per cen t................
CIN C IN N A TI....1886.
1883.
P er cent.................
M ILW A U K EE ...1886.
1885.
Per cen t.................
D E TR O IT..........1886.
1883.
Per oent.................
INDIAN A P ’S ... .1886.
1885.
Per cen t.................
C LEV E LAN D .. .1836.
1885.
Per cen t.................
COLUMBUS...... 1886.
1885.
P er cent................
P E O R IA ............1886
1885
Per cen t................
O M A H A ............1886
1885
P er cen t................
MINNEAPOLI3.1886
1885
Per cent
T o t. W estern .
P er cent
ST. LOUIS
P er cent
ST. JO SEPH ...
Per cent
N. O R L E A N S ..
P er cent
LOUISVILLE...
Per cent
KANSAS CITY
P er cent
MEMPHIS
P er cent
T o t. S ou th ern
Per cent
S. FRANCISCO
P er cent
T o t a l a l l . . . ....
P er cent
O u ts id e N. Y .
P er cent
$48,925,673
41,821,754
+18-4
$4,360,427 $15,248,843
3,904.867 13,169,553
11*3
+15-8
T H E C H R O N IC LE .
J a n u a r y 8, 1887.1
New York, Boston, and the New England States gener
ally, thus show the same characteristic of a declining ratio
of gain as the total for the whole country, and this is not
strange, considering the preponderating amounts contrib
uted by those sections. In the "Western, the Middle and
the Southern States the result is different, and while these»
as a rule, show next to the lowest percentage of increase in
the last quarter, the heaviest percentage occurs not in
the first, but in the third quarter. It is in these sections
that the speculative element in the transactions is pre
sumably of least importance; and the fact that the ¿ain in
the third quarter was so heavy is therefore significant as
showing the progress made in the development of general
business in those sections. Tae diminished ratio of increase
in the last quarter is without special importance, as in that
quarter last year the gain there, as elsewhere, had been
so very much larger than in any of the other quar
ters. On the Pacific Coast, in San Francisco, where there
was no gain in the previous year, the gain this year in the
last quarter is the besr. of the four periods. Tae following
an arrangement of the clearings by months, the total
of all and the total outside of New York being stated
separately.
MONTHLY CLEARINGS.
Month.
January.. ..
F ebruary...
M a rch ......
A p ril...........
M a y ..........
June............
July ...........
A u g u st.......
September,.
October......
N ovem ber..
D ecem ber..
Clearings Total All.
1888.
1885.
8
4,130,533.001
8,827,7'3,8*9
4.148,715,71«
8,589,085,944
8,593,473.483
3,992,145,963
8,776,221,82c
3,630,521,8-5
3,837,952,089
4,007,050,243
4,014,855,903
5,127,754,232
$
3,331,734,481
2,7*7,100,29Ï
3,002,314,071
2,917,743,020
3,017,450,745
2,995,723,404
3,472,139,141
3,005,942,480
8,189,580,401
4,481,029,709
4,598.039,504
4.57',-'83,981
Clearings Outside New York.
P.Ct.
1830.
+23-7
+37-3
+38-2
+23-0
-t-lfa-1
+33-3
-t-8-8
H-2Ò-8
+22-2
+4-1
+0-4
+12-1
$
1,245,004,100
1,082,275,048
1,243,039,274
1,168,0'9,990
1,182,144,822
1,257,983,000
1,300,182,423
1,170,344,550
1,282,152,332
1,418,732,182
1,432,921.102
1,508,773.672
1885.
P.Ct.
$
1,146,350,835 + 8 0
886,990,300 +22 0
989,550,150 +25-7
1,049,754.877 +11-2
1,019,019,44 +■159
1,073.387,7-3 +17- ;
1.096,024,150 t-18 0
904,844,99 +21-9
1,038,151,549 1-18-7
1,291,883,512 + 9'8
1,279,092.938 + 12 0
1,333,890.018 +13-1
T o ta l...... 48.0*5,072,791)41,321,754,010 +18-4 15,248,843,179ll3,109.553,2741+15-8
W e have in the foregoing a better indication of how
much heavter the clearings were in the later months of
1885 than in the earlier months. In each of the first six
months there had been a falling off from the totals of
1884, and hence the percentage of increase this year is
heaviest in these same six months. In the closing three
months, on the other hand, there had been a very decided
increase in 1885 over the previous year, culminating in
November in a gain of over 45 per cent, so that ou this
large total November 1886 records a merely nominal
increase. It will be observed, however, that the December
aggregate this year is decidedly the largest of any of the
twelve months, which was not the case in 1885, December
then falling below November.
A very important factor in the clearings and their
fluctuations has yet to be considered, and that relates to
the part played by speculation in affecting the results.
This opens up a wide field for investigation, and one
whose effects can not be guaged with any approach to ex
actness. It would of coarse be extremely interesting to
be able to separate the strictly speculative from the nonspeculative transactions of the whole country in any given
year— “ strictly” speculative embracing only wha are
called in merchandise markets “ future delivery” opera
tions and in stock dealings “ margin” transactions. Such
a division would not be perfect, to be sure, and besides in
the case of stocks it would be impossible to make it, as no
one can tell what proportion of the transactions represent
margin operations and what purchases for cash. Still,
Stock Exchange transactions whatever their nature con
stitute a special kind of business, distinct from mercantile
or ordinary trade operations.
Recognizing this, we at
tempt in our weekly clearings report to eliminate such
35
transactions altogether, at least so far as stock sales affect
New York city clearings. But stock sales although they
cover by far the largest portion of the transactions at
the Exchange, do not cover all, as for instance miscella
neous securities, bonds, &c.; besides, there are large
sales of unlisted securities outside of the Exchange
which are not included. Then as to merchandise transac
tions, though the merchandise exchanges clear their deal
ings each day, active speculation must— in paying margins,
balances and otherwise— give rise to checks in varying
amounts according to the activity of the moment. Con
sequently there is altogether a vast body of checks which
owe their origin to these speculative transactions.
In the matter of stocks these checks cover an extremely
large amount, much larger even, we think, than what we
have been accustomed to deduct on that account. It is
easy to see that in a good many cases a stock transaction
may require four and sometimes even five checks before
the operation is completed; the latter of course would be
an extreme case, but on the other haud it is certain that
in hardly any instance can the operation be reduced down
below two checks. In dull times there are a good many
“ wash ”— that is, fictitious— sales, which would reduce
the average somewhat, but in active times such sales form
only a very small proportion of the whole. ¥ e make
these suggestions simply to indicate that deducting from
the total exchanges double the actual value of the stock
sales (which has been our custom hitherto) would seem
to be an insufficient allowance for the full Stock Exchange
business, and that perhaps an allowance of two and a half
times the sales would be nearer correct. "With these pre
liminary remarks we give the following statement of the
business on the New York Stock Exchange during the
last two years, by quarters.
Sules ai Stock
Exchange.
Quarters.
First.
Second.
Third.
Fou/rth.
bhares No.—
1885...............
1886................
21,084,803
23,235,129
13,990,048
20,101,051
20,097,476
:18,049,5i 9
30,700,015
83,750,801
92,538,947
100,802,050
Dìfferenoe 1886
- 7,150,321
+0,171,003
—2,047,907
—8,010,234
-+-8,203,103
Shares value—
a
«
Z
Z
$
1885................ 1,286,318,985 806,991,515 1,100,988,155 2,145,561,185 5,479,859,840
1886............... 1,766,342,290 1,251,739,3*9 1,087,047,099 1,780,532,882 5,885,062,200
Difference 1886 +480,023,305 +394,747,814 —103,940,450 —305,023,303 +405,802,369
S o n d a , &c.,
value+—
Gover’ment *85
“
’86
R a ilro a d ....’85
“
’80
State............’85
“
’86
Bank Stock. ’85
’86
t
3,708,565
4,184,018
60,053,400
157,980,741
479,459
1,470,007
299,858
892,897
Z
6,280,470
4,574,803
72,451,448
117,433,497
692,812
1,071,075
238,889
481,731
9
3,581,005
3,011,400
114,260,500
102,221,331
650,416
1,572,807
298,583
472,762
$
4,338,107
8,003,3101
190.833,845
119,028,542
2,409,304
2,599,169
305,952
635,207
9
17,918,147
15,433,181
449,699,253
490,070,111
4,281,491
7,318,158
1,148,227
1,982,587
T otal va lu e.’85 1,357,520,327 936,604,¡027 1,309.778.011 2,318,948,393 .5,952351,958
“
’8011,930,370,553 1,375,901,035 1,194.920,489 l,9O0,8pa.llQ 0,107,061,187
A ll o f a b o v e v a lu e s a re m ark et values.
These figures are not only very interesting in them
selves, but they help us to a better understanding of the
totals of clearings further above. W e fiad that with each
succeeding quarter, the comparison on the value of stock
sales grew less favorable to the present year, the aggre
gates of the clearings thus reflecting the diminution in the
volume of Stock Exchange speculation.
In the first
quarter, the stock and bond sales showed an increase over
the corresponding quarter of the previous year of 513
million dollars, in the second quarter the increase was
only 439 millions, in the third quarter there was a decrease
to amount of 115 millions, while in the fourth quarter
there was also a decrease, but to a much larger amount,
namely 443 millions. In other words while the value of
Scock Exchange business increased over a thousand mil
lion dollars in the first half of 1886, in the second half it
fell off over 550 millions. In the light of this showing
36
T H E C H R O N IC LE .
the clearings for the last two quarters take on a more
favorable aspect— at least as far as concerns general busi
ness— and this whether we allow for two checks or two
and a half checks to each transaction, for in either case the
fact remains, that the smaller ratios of increase in the last
two quarters resulted in greater or less degree from dimin
ishing Stock Exchange business. W e now give the New
York stock sales by months.
surprising to note that at the New York Exchange the
value of the stock sales, though 406 millions greater than
in 1885, is, with that exception, the smallest since 1879.
Below are the figures.
NUMBER AND VALUE OF SHARES SOLD AT NEW YORK STOCK EXCHANGE.
1886.
Jmnnary......
February....
March..........
A p r il.........
May..............
J a n e .........
July..............
A ugu st........
September..
O ctober......
November...
D e ce m b er..
1885.
Values.
Par.
Actual.
$
$
8,678,154 700,683,975 570,361,697
9,410,807 818,717,825 587,469,315
10,158,078 853,773,952 608,511,278
6,410,551 584,167,700 876,762,873
6,639,308 603,092,350 422,796,926
7,111,197 654,423,225 452,180,030
5,067,843 478,268,225 305,374,473
5,045,025 470,150,425 305,537,166
8,536,641 749,168,700 476,186,060
10,788,718 979,198,200 618,444,154
10,876,952 950,581,825 533,211,223
12,140,691 1046153475 628,877,505
7,183,960
7,418,800
6,537,648
4,486,216
5,067,077
4,486,755
7,930,779
6,871,152
5,895,545
12,656,496
13,271,634
10,838,485
Par.
Actual.
t
$
595,606,950 429,284,859
655,598,600 450,522,193
605,146,460 406,511,933
421,254,290 269,677,152
461,109,150 813,588,640
405,522,090 278,725,723
735,209,710 462,118,348
638,718,850 382,406,050
545,720,950 846,463,757
1,170,180,450 693,242,425
1,288,933,000 788,703,250
1,022,227,700 663,615,510
This shows that in December, when a stock panic oc
curred in the middle of the month, the par value of the stock
transactions was slightly heavier than a year ago, but that
owing to the lower average price, the actual value was less.
That circumstance characterizes the difference in the spec ulation pretty nearly all through the year, as distinguished
from that in the previous year, namely that in 1886 the
“ fancy” properties received more attention, while in 1885
it was the better and more substantial properties that pre.
ponderated in the speculation. Taking now the total of
the clearings and deducting from them as previously
double the value of the stock sales, here is the result we
get for a series of years past.
N e w Y o r k Cl e a r in g s .
Total
Clearings.
Per Ct.
Double
Inc. &
Stock Sales.
Dec.
Per Ct.
Clearings
Per Ct.
Ino. & Less Double Inc. &
Dec.
Stock Sales.
Dec.
1886........... $33,676,829,612 +19-6 »11,771,324,400 +7-4 $21,905,505,212
1885 ......... 28,152,201,336 —9-1 10,959,719,680 —7-7 17,192,481,656
1884.........
80,985,871,170 —17-2 11,879,000,000 —5-1 19,106,871,170
1888........... 37,484,800,872 —20-2 12,521,619,922 —18-6 24,912,680,950
1882........... 46,916,955,031 - 5 0
15,378,906,872 -5 -9 31,537,948,159
1881.......... 49,876,882,883 + 27 9
16,335,012,806 +18-2 33,041,870,077
1880........... 38,614,448,223 +82-1 18,638,172,108 + 64 9 24,976,276,115
1879........... 29,235,673,829 +47-2
8,273,267,140 +94*5 20,962,406,689
1878........... 19,858,671,807 -6 -7
4,254,539,162 —18-2 15,604,182,145
Cl e a r in g s
Year.
in t h e
+27-4
—10-0
-423-3
—21-0
—4-4
+32-1
+ 19 1
+34-9
-3 -2
W h ole Co u n t r y .
Total Clear- Per Ct.
Ings Outside Inc. & Less Double Per Ct.
Per Ct.
Including
New York.
Deo.
New York
Ino. &
Inc. &
Stock Sales.
Stock Sales.
Dec.
Deo.
1886........... $15,248,843,179 +15-8 $37,154,348,391 +22-4 $48,925,672,791
1885........... 13,169,558,274 +1-9 30,362,034,930 —5-2 41,821,754,610
1884........... 12,919,136,635 —8-4 32,026,007,805 —17-9 43,905,007,805
1888........... 14,103,559,509 +2-2 39,016,240,459 —13-9 51,537,860,381
1882........... 13.794,577.518 —1-2 45,332,525,677 -8 -8
60,711,532,549
1881.......... 18,960,317,317 +22-7 47,002,187,394 +29-1 63,337,200,200
1880........... 11,375,400,000 +22-4 36,351,676,115 +20-2 49,989,848,223
1879..:....... 9,290,800,000 +16-8 30,253,206,689 +28-8 S8,526,473,829
1878...........
7,955,100,000 -6 -2
23,559,232,145 —4-1 27,813,771,307
+18-4
—6*2
—14-8
—15-1
—4-1
+26-7
+29-7
+38.5
—6-6
Even with this deduction the clearings outside of the
stock transactions at New York fall much below the very
heavy totals of 1881 and 1882, which perhaps is not
surprising. Taking the clearings outside of New York
however, the total for 1886 is the largest on record. To
a small extent this is due to the inclusion of exchanges
not previously reporting, and of course increased stock
speculation also is in part responsible for it, but in the
main it is significant of the great industrial growth that
has occurred in the interior sections of the country.
Comparison of the stock transactions at New York for
twelve years past, results as follows : It will be seen that
in number of shares sold 1886 does not fall so very much
below other heavy years (though, doubtless, it included
a larger number of half shares, like Lackawanna and
Beading), but in view of the great prominence that Stock
Exchange speculation has assumed, it will, perhaps, be
Stock»,*
Shares.
Av'ge
Valuesi
Price. (ap'roximate)
5,479,858,840 1879.... 72,765,762 56-89 4,136,633,570
96,154,971 61-77 5,939,500,000 1878.... 39,875,593 54-10 2,157,269,581
1882.... 116,807,271 6612 7,689,453,436 1876.... 39,926,990 53-40 2,132,060,483
T o ta l........... 100802050 8973374877 588566220ol 92,538,94718,545,223,200 5479859840
Year.
Tear.
1883.... 97,049,909 64-51 6,260,809,961 1877.... 49,832,960 52-20 2,601,280,512
Value*.
Number
of Share».
Av'ge
Valuesf
Price. 0aproxímate)
1886.... 100,802,050 65-6 $5,885,666,200 1880.... 97,919,099 69-60 $6,819,086,054
1884 ...
Number
of ßharet.
Stock»,*
Shares.
Tear.
1885.... 92,538,947 64-1
SALES OF STOCKS AT THE NEW*YORK STOCK EXCHANGE.
Month.
[VOL. XLIY.
1881.... 114,511,248 71-59 8,197,506,403 1875.... 53,813,937 53-20 2,862,903,683
* T he sh ares o f s to c k s w e tak e fro m th e re c o rd Kept b y th e J o u rn a l o f
Com m erce, e x c e p t fo r 188 5 and 1886, w h ich are o u r o w n com p ila tion .
t T h e v a lu e s or sales are th e figures m a d e u p b y The P u b lic, e x o e p t fo r
1 8 8 6 ,1 8 8 5 ,1 8 8 4 a n d a p a rt o f 1883, w h ich a re ou r o w n .
Speculation on the Produce Exchange exercises of
course only a very unimportant influence on clearings, on
account of their system of settlements, but the transac
tions there have an interest as showing the extent of that
class of business being done; consequently we annex the
following summary of the grain transactions by quarters
in 1886,1885 and 1884, and for three full years previously.
Both spots and futures are included. As between 1886
and 1885 there are no important differences, though in the
closing quarter the speculation in wheat seems to have
been quite active.
SALES OF FLOUR, WHEAT, AC., AT NEW YORK PRODUCE EXCHANGE.
[T w o cip h ers (00) o m itte d fro m the figu res f o r W h ea t, C o m ,
O ats, B a rle y an d R y e .]
1886.
Flour.
Bbls.
1st quarter, ’86 651,792
“
’85 870,915
“
>84 809,695
2d quarter, ’86 769,390
“
’85 828,830
“
’84 783,336
3d quarter, '86 972,282
“
’85 882,814
“
>84 971,845
4th quarter,’86 1,016,910
“
’85 791,005
“
’84 995,217
Total
Total
Total
Total
Total
Total
1886......
1885......
1884.......
1883.......
1882.......
1881......
3,410,374
3,373,564
3,560,093
4,646,985
5,166,465
5,198,390
Wheat.
Push.
254,788,2
329,043,0
307,442,5
400,870,5
342,530,0
240,012,0
887,815,7
350,158,0
801,205,0
507,139,9
382,220,5
314,683,0
Com.
Oat».
Bush.
70,266,3
86,139,0
98,056,5
55,112,6
93,183,0
117,655,4
61,159,3
69,871,0
68,297,2
62,871,3
85,820,0
71,303,0
Bush.
11,426,1
32,520,5
36,124,3
15,622,0
80,S08,0
36,338,6
23,564,0
34,607,0
25,821,0
22,268,0
27,720,0
25,236,0
1,550,614,3 249,409,5
1,403,951,5 334,513,0
1,163,342,5 355,312,1
1,524,745,0 623,668,0
646,470,5 445,172,2
488,364,2 233,889,0
Barley Rye.
ScMalt
Bush. Bush.
568,6
48,6
1,194,2 253,4,
1,155,8 803,a
254,4 159,9
208,7
67,G
226,5 1,128,8
77,0
214,7
54,7
11,0
107,0 452,1
29,6
851,5
70,5i
1,263,0
1,241,0 244,1
Total.
Bush.
340,029,914
453,069,217
447,225,727
475,482,110
470,524,435
398,881,412
477,205,969
458,174,343
400,255,603
597,736,395
500,653,523
417,185,577
72,880,1 1,889,2 314,5 1,890,454,388
125,655,5 2,674,9 445,6 1,882,421,518
123,519,9 2,730,3 2,623,1 1,663,548,319
241,202,8 2,567,6 4,632,1 2,417,726,933
1,269,228,748
152,637,0 1,700,0
62,765,5 2,067,4 1,619,1 812,048,005
F A IL U R E S I N 1886.
Never mind how prosperous any p eriod may be to
merchants in general, a year without failures would be
as much of an anomaly as a continued state of war with
no one killed. There are many obvious reasons. W e
may mention as a leading one that all sorts of men go
into trade. It is a guild with no standard for admission,
its members being self-appointed. As a consequence,
many that start in the race are full of conceit, and yet
lack every requisite for attaining success,— method, judg
ment and capital. In this view it would be extremely
interesting if we could know with regard to those who
are included in the annual record of disasters, the length
of time each has been in business, and also whether any
of them have ever failed before, and if so, how many
times. That information would enable us to eliminate
from the list what we may call chronic cases and those
of unsound tendency. For such cases no more indicate
the state of business than deaths in an army of consump
tives would indicate the bloodiness of a war.
W e are led to make this suggestion because the number
of failures has been so large this year for a year of so
much prosperity. Messrs. R. G-. Dun & Oo. report the
total at 9,834, or only 803 less than in 1885, only 1,134
less than in 1884, and 650 more than in 1883. Or going
further back for comparison, we find that the average
failures for the four years ending with 1882 was 5,928,
T H E C H R O N IC LE .
J a n u a r y 8, 1887.]
and hence this year’s total is nearly 4,000 larger than
that average. Such a comparison shows that the 1886
record is a bad one. It amounts to this, that notwith
standing business began to revive in the early autumn of
1885, and has been improving with some set-backs or
interruptions ever since, closing the year 1886 with
excellent promise, there were on an average 189
casualties each week in 1886, against 204 a week in 1885»
and about an average of 114 weekly in the years of 1879
to 1882. That certainly presents a surprising contrast.
Of course it will occur to every one, as a partial explana
tion, that those who are crippled in years of depression do
not all drop out at once, nor do all survivors recover with
the return of better times. W e were inclined at first to
attribute the large number of casualties the past year mainly
to that fact, especially as there have been notorious and
marked illustrations during the twelve months of that
kind; for every one knows that many of the more con
spicuous and disastrous failures of the year have been
chargeable to speculations, losses and defalcations dating
back of 1886 and some of them much further back.
All such cases of endurance ought however to be repre
sented by large average liabilities and capital, for as a gen
eral rule only such as have resources in money and credit
can continue to bear and not succumb to their burdens;
and not until those burdens have accumulated to the ex*
haustion of the ways and means does the failure occur.
Yet we find in the failures little to sustain this explana
tion, as there are no corresponding liabilities, the average
being only $11,651 against $11,678 in 1885, and $20,632
in 1884, showing that the number of disasters could not
have been very largely made up of such cases. This is
further illustrated by the following statement of failures
for four years, by quarters, made up from the reports of
Messrs. R. G. Dun & Co.
Failures.
First Quarter—
Number o f failures................
Amount o f liabilities............
Average liabilities................
Number to year’s num ber....
Liabilities to year's liabilities
Second Quarter—
Number o f failu res...
Amount o f liabilities............
Average liabilities................
Number to year’s num ber....
Liabilities to year’s liabilities
Third Quarter—
Number o f failures...............
Amount o f liabilities............
Average liabilities................
Number to year’s num ber....
Liabilities to year’s liabilities
Fov/rth Quarter—
Number o f failures...............
Amount o f liabilities............
Average liabilities.................
Number to year’s num ber....
Liabll itles to year’s liabilities
1880.
1885.
1884.
1883.
3,203
3,658
3,296
2,821
329,081.780 $46,121,051 $40,186,978 $38,372,643
$9,300
$12,608
112,193
$13,602
32’57 per c’t 34*39 per c ’t 80*05 per c’t 80*72 per c ’t
25'89 per c’t 37*13 per c’t 17*70 per c’t 22*20 per c’t
37
quarter of 1885. A s to the changes in liabilities they
seldom accord in percentage with the number, though as
it happens, the average liabilities for each failure in the
last quarter of 1886 was smaller than any other three
months period of the year except the first, and smaller than
any closing quarter in the above record except in 1885 ;
which seems further to discourage the belief that in the
total number is contained any larger proportion than usual
of disasters on account of old difficulties.
There is however another feature of the report which
furnishes a better though still only a partial explanations
of the small falling off in this year’s failures. W e refer
to the very considerable increase In the number in busi
ness which the report covers, and hence though the num
ber of failures continues large, the proportion to the num
ber in business shows a material falling off. The Messrs.
Dun give the number of traders at 969,841 in December
of 1886 against 919,990 at the close of 1885, or an increase
in the twelve months of 49,851, which is the largest
annual addition of any year in the record. In the follow
ing we set out this feature for a series of years, together
with the number of failures and the proportion of failures
to the number in business.
Years.
Eastern. Middle. South’rn Western
■
Pacific,
Sto.
Total.
188 6 .
Number in business.... 100,075
Number o f failures......
1,110
Proportion o f failures.. 1 in 91
293,802
2,271
1 in 130
142,014
2,349
1 in 01
369,763
8,091
1 in 120
03,527
1,013
1 in 02
909,841
9,834
l i n 98
1 88 5 .
Number in business .. ..
Number o f fa ilu res......
Proportion o f failures..
96,414
1,201
1 in 78
261,504
2,498
1 in 105
142,175
2,340
1 in 61
358,010
3,302
1 in 109
01,218
1,230
1 in 50
919,990
10Ì037
l i n 80
1884.
Number in business__
92,381
Number o f fa ilu res....
1,375
Proportion o f failu res.. 1 in 07
278,093
2,592
1 in 107
142,894
2,291
1 in 02
336,910
3,369
l i n 100
54,481
1,341
1 in 41
904,759
10,908
l i n 83
1883.
Number in business....
Number o f failures____
Proportion o f failures..
90,381
1,197
1 in 75
262,021
2,136
1 in 123
135,159
1,844
1 in 78
322,877
2,901
l i n 109
53,005
1,046
1 in 51
808,993
9,184
l i n 94
188 2 .
Number in business......
88,089
Number o f failures.......
772
Proportion o f failu res.. 1 in 114
248,742
1,607
1 in 149
120,281
1.018
1 in 78
308,485
1,950
1 in 151
50,059
731
1 in 08
822,960
6,738
l i n 122
The above affords the best measure we can have of the
change in failures which has taken place. That is to say
1,953
2,346
2,214
1,810
there was 1 failure to every 98 in business in 1886»
$30,752,734 $28,001,304 $84,204,304 $27,810,391
$15,740
$12,091
$37,998
$15,317 whereas in 1885 there was 1 to every 86 in business.
19’80 per c ’t .22*05 per c’t 20*19 per c’t 19*77 per c ’t
18-11 per o’t 23*02 per c’t 37-20 per c ’t 16*09 per c’t Presented in that way we see that the comparison is a
little more favorable than for any of the previous three
1,932
2,173
2,340
1,803
But those were all years of depression, and if we
$27,287,030 $23,874,391 $50,027,821 $52,072,884 years.
,090
$10,986
$24,138
$28,881 go back to the period of activity from 1879 to 1882 inclus
19-05 per c ’t 20*43 per c ’t 21*89 per c ’t 19*63 per c ’*1
23"75 per c’t 19*22 per c’t 25*02 per c’t 30*12 per c’t ive, similar proportions are far from satisfactory. W e give
in the above the figures for 1882, when, as will be seen,
2,740
2,460
8,112
2,744
$30,982,029 $25,023,575 $45,324,324 $54,012,254 the failures were only 1 in every 122; but in 1881 they
$13,407
$10,416
$14,547
$19,902 were only 1 in 140 and in 1880 they were 1 in 158.
27'92 per c’t 23*13 per c ’t 88*87 per c’t 29*88 per o*t
W e are therefore thrown back to our original sugges
32'25 per o’t 20*03 per c’t 20*02 per c’t 31*59 per o’t
tion for an explanation of the large number of failures
Total year—
Number o f failures...............
9,834
this year. They could not have been so numerous, if they
10,037
10,968
9,184
Amount o f liabilities............ $114,644,119 $124,220,321 $226,343,427 $172,874,172
had all arisen from the ordinary causes, with business as
Average liabilities................
$11,051
$11,078
$20,032
$18,822
good as it has been in 1886. The average merchant does
The expansion in the number of failures the last not fail when activities are increasing, prices are rising,
quarter, which is brought out in the foregoing, is not of and the promise of further improvement is as favorable
as great significance as it might be considered if viewed as now. W e are inclined therefore to believe that a very
considerable proportion (that is a larger proportion than
independently. Every year a similar relation is observusual) of the total disasters came not from the men who
able ; and the same relative condition is also true of the have been long under fire, but from and because of the
first quarter, the two quarters being almost invariably out of new additions. And this seems the more probable when
proportion to the other half of the year ; thus taken together we remember the total 49,851 of individuals and firms
in 1886 the first and last quarters covered as will be seen who have entered the mercantile ranks during the
twelve months; in round numbers fifty thousand, the
60-49 per cent of the whole, against about 60 per cent in
majority perhaps without any schooling or even experience
1884 and 1883. A t the same time it is a notable in trade, many with little or no capital; in a word, a new
fact, that after so many prosperous months, and with the army gathered from all sources, without regard to qualifi
business prospects so favorable as the year closes, that the cations, and put under discipline; that quite a large
average failures during the last thirteen weeks should proportion of them should break instead of bend under
the first strain would seem to be natural—-and so it has
have reached 211 per week against 189 per week the same
th e
38
c h r o n ic l e
(V ol, XL1V.
strikers in those cases where their demands were essen
entially unfair and unreasonable and the public was con
The year 1886 was, upon the whole, the best business sequently against them. 2. A general sympathy of the
year since 1880.
It was a crescendo. The first five public and the press in those cases where the facts showed
months of the year were notable for serious labor troubles^ that the strikers were oppressed by long hours, short pay,
low prices of merchandise, want of animation in business, or any other hardship, and a yielding of the main points
exports of gold, and depression at the Stock Exchange. by employers. 3. The surpassing importance of devising
The last half of the year was marked by a decided change some rational method, by law or by mutual agreement,
in regard to all the points above named ; the labor diffi for the arbitration of questions between employers and
culties had been adjusted, prices of home products ad employed to the saving of the endless trouble, losses, and
vanced, mercantile business greatly improved, the iron frequently sacrifice of life, entailed upon all parties by the
and steel trade was particularly animated, gold to the average labor strike as at present conducted.
extent of $33,800,000 was imported, and the substantial
In the recuperation of 1886, when our business men
buoyancy at the Stock Exchange had scarcely been of irrepressible energy and immense capital gathered their
matched at any time in the previous five years.
forces together for a new start, railroad construction
After the remarkable change for the better which took or reorganization was again the channel in which their
place in the last half of 1885, following the West Shore abilities were directed. The Drexei Syndicate of February,
Railroad absorption by New York Central, there was a very 1886, undertook the rehabilitation of the long injured
sanguine tone, and with good crops in the summer of Philadelphia & Reading property.
But aside from
that year (except of wheat), all parties were looking for the Reading plans and the successful reorganization
an excellent business in the first half of 1886. In this of other important railway properties, the current
they were sadly disappointed, and the chief causes which of new capital and enterprise set towards the building
hindered the advance of prosperity at that time, as we of railroads in the South and West. So rapidly was
now look back upon them, appear to have been, first, the this work pressed forward that by the close of the
uncertainty in regard to the silver question and the failure year it was estimated that 8,000 miles of new road
of Congress to take satisfactory action therein j secondly, had been constructed, which, at an outlay of $20,000
the great labor strikes, including those on the Missouri per mile for road alone, would call for $160,000,000, or
Pacific railroad system, the switchmen’s strike in Chicago at an estimated expense of $30,000 per mile for road
and Milwaukee, and the Third Avenue horse-car strik and equipment, including bridges, sidings, terminals,
in New York ; thirdly, the low prices of our principal export stations, &c., would call for an outlay of $240,000,000.
products, including wheat, corn, cottOD, provisions and
The business failures of the year compiled by the Mer
petroleum, and the small foreign demand for these articles, cantile Agency of R. Gr. Dun & Co. showed a continued
even at the low prices prevailing. This condition of affairs improvement by a decrease from the total liabilities of the
led to depression in securities, and the return of some stocks previous year.
The maximum since 1878 was reached
and bonds from abroad, while the exports of merchandise in 1884, when the total failures amounted to $226,343,427 ;
for six months were actually $978,738 below the imports, iu 1885 the total fell off to $124,220,322 ; and in 1886 the
and the net exports of gold amounted to $ 3 4 , 3 4 9 , 6 2 8 . total further declined to $114,644,119.
Toward the end of May things began to change for the
better j wheat was in more demand, and the exports
1 st Q u a r t e r e d Q u arter 3d Q u a rter. 4 th Q tarter. Total T ear.
A m o u n t.
A m o u n t.
A m ou n t,
A m o u n t.
A?i>ou-t.
increased ; the labor troubles ceased ; stocks had a much T ears.
$ 1 9 1 ,1 1 7 ,7 8 6
1 87 6 . $ 64 ,6 4 4 ,1 5 6 $ 13 ,7 7 1 ,2 7 3 $ i ; , 857 ,37 1 $ 3 ■,8 4 4 ,8 93 1 3 0 ,6 6 9 ,9 3 6
healthier tone ; and by the close of J une the prospect had 187 7 . 5 4.5 3 8 .0 7 4 4 5 .0 6 8 ,0 9 7 4 2 .5 4 0 .0 <> 4 8 ,7 1 7 ,6 8 0
.7 ,1 7 2 ,0 0 3 •¿3 4,8 3 ,1 3 2
1 8 7 8 . 8 2 ,0 78 ,8 6 4 8 .7 5 3 ,9 4 0 6 6 .3 78 ,3 6 3
9 8 ,1 4 9 ,0 5 3
brightened up materially.
187 9 . 4.1,112,665 2 2 ,6 6 6 ,7 2 5 1 >,27 >,5 0 1 7.0 94 ,1 1 a
6 5 ,7 5 2 ,0 0 0
2 0 741,81
1
2
,1
2
L
.42
2
2
0
,1
11
,6
8
9
1
2
.7
7
7
.0
7
4
880 .
8 1 ,1 5 5 ,9 3 2
The last half of the year showed a far better record. The 1188
So
0
6
,
22
1
0
,1
1
2
.3
6
5
1 . 2 4 ,4 4 7 ,2 5 0 1 6 ,4 99 ,3 9 5
101,5-17,564
3
2
,0
3
2
,7
5
1
1
h
,9
4
2
.8
*3
1
7
,2
41
,6
1
9
3
3
,3
3
8
,2
7
1
turning point is always passed when it is known that good 11 8-88 32 .. 3 8,3 7 2 .6 4 3 2 7 ,8 16 ,3 9 1 5 2 ,0 7 2 ,8 -4 5 4 ,6 1 2 ,2 5 4 1 7 2 .8 7 4 ,1 7 1
80 ,9 7 8 8 4 ,2 0 4, -0 4 5 6,6 2 7 .8 2 1 4 5 ,3 4 ,3 2 4 2 2 6 ,3 4 3 ,1 2 7
crops are assured, and in 1886 this became tolerably cer 1 8 8 4 . 44 60,1
1 24 ,2 2 0 ,3 2 2
,1 21 ,0 5 1 28,6 C 1 ,3 u4 2 3 ,8 7 4 ,3 9 . 2 5 ,6 2 3 ,5 7 5
1885 .
| 1 14 ,0 4 4 ,1 1 9
2
9
,6
8
1 ,7 2 6 2 0 ,7 5 2 ,7 3 . 2 7 .2 2 7 .0 -O! 3> ,9 8 2 ,0 2 »
tain at an early date, and the wheat crop was reported 1 88 6 .
about 100,000,000 bushels burger than in 1885. Rail
For the purpose of showing at a glauce the industrial
road building developed great activity, and the demand and financial statistics, which present a sharp comparison
for steel and iron, coupled with a larger consumption of of the two years 1885 and 1886, the table below has been
goods and more confident buying in other branches, led compiled.
The figures relating to the production of
to a decided improvement in trade at home and a better wheat, corn and cotton for the year 1886 are necessarily
feeling abroad. The exports of wheat were much larger approximate, and the estimate of the best authorities is
than in 1885, the demand for American securities abroad taken in each case.
The average mileage operated on
was active, and in the last six months of 1886 there was the 78 railroads whose earnings for the eleven months are
a return flow of gold which amounted to a net sum of reported, was 56,107 miles on December 1, 1886, against
about $33,800,000.
53,595 miles Dec. 1, 1885. Tne immigration statistics
The labor strikes of 1886 were of a most serious char are given exclusive of immigrants from Canada and
acter, and brought prominently before the business world Mexico.
the vexed questions at issue between laborer and capitalist
1886.
188 5 .
The principal strikes were notorious failure?, particularly
0 6 , 1 $ 1 , 0 86,271,000
those on the Missouri Pacific Railroad, and the Third Coin an d cu rre n c y in U. S. N o v . 1 — 4# 11 ,5
,1 .1 ,7 5 4 ,6 1 0 ) 4 8,9 ¿5 ,6 7 2 ,7 9 1
B a n k clea rin gs in U n ited S ta te s..........
111,644,119
1 . 4 , . 2 0 ,8 .1 ,
Avenue horse-car road in New York City, but not with M e r c a m il' fa ilu re s ...............- ..........- 607,107,117
5 1 , 6 7,153
Im ports o f m e rch a n d is e .. . . (11 m s.) .
647,916,825
6 13 , »76. 82
standing this fact the extent of the organization among E x p o rts o f m erch an dise .. .( 1 1 in >s.i.
270,037,273
2 * 7 ,5 5 8 ,0 1 8
G io s s earnings o f 7 s r o a d s .(11 m s ) .
8,000
3,1 3 1
laboring men was more thoroughly shown up than ever K a b e a d co n s tru c te d ............. m i t;ri4
57 ,00 0 ,0 0 0
357,112,0001
W ueat ra ise d ...............................bushels
1,665,000,'>00
l ,9 o 6 ,1 70 ,00 0 '
before, and the existence of those organizations as
Coruaraised............. ...............busuols.j
6 ,4 0 ,0 >0
0,5 >0, ;15
o lto n ra ised ..........................- - - - •patea.
6.272.000
4 ,5 2 . ,864
definite quantity to be considered and dealt with in the CP ig
iron p r o d u c e d .(to n s o f 2 ,0 0 0 m s ).
1.650.0 00
future was more decidedly impressed upon the country S ee l rails, B essem er (tons o f 2 ,0 0 0
1 ,0 7 4 ,6 0 7
3 1,9 25 .0 0
3 1 ,0 2 ,523
n th ra cite coa l-', (tons o f 2,2 4 0 lb s.).
26,^ 00,00
than at any previous time. The result of the strikes may APetroleum
2
1
,2
2
5
,2
0
3
,
(runs) production... .buls.
365,57
,j ¡4 ,0 4 5 !
be summed up as follow s: 1.. A general failure of the Immigration into U. S ......... (11 mos ).
RETROSPECT
OF
188G.
J a n u a r y 8, 1 8 8 7 .J
TH E C H R O N IC LE .
I. Agricultural Products— The season of 1886 was a
fairly prosperous one in the agricultural districts. There
were no widespread disasters in any quarter, and the result
o f the year’s harvests was an estimated crop of 457,000,000
bushels of wheat in the whole country, against 357,000,000
bushels in 1885 ; a corn crop of 1,665,000,000 bushels,
against the immense product of 1,936,176,000 bushels in
1885 ; and a cotton crop estimated at 6,440,000 bales,
against 6,550,215 bales raised in 1885. Tae other minor
crops were generally good. In the following table are
given the acreage and yield of wheat and corn for the
year 1886 and the past eleven years, 1876-1886:
Wheat.
T ea r.
A crea g e.
C om .
Yield, B ush.
1 8 6 6 .................. 1 5 ,4 2 4 ,4 9 6
1 5 1 ,9 9 9 ,9 0 6
1876
...... 2 7 ,6 27 ,0 2 1
2 * 9 ,3 5 6 ,5 0 0
1877
...... 2 6 ,2 7 7 ,5 4 6
3 6 4 ,1 9 4 ,1 4 6
1878
....... 3 2 ,1 0 8 ,^ 6 0
4 2 0 ,1 2 2 ,4 0 0
1879
....... 35.4 3 0 ,3 33
4 5 9 ,4 8 3 ,1 3 7
1880
.....................
. . .4.9 ,8 6 8
3 7 ,9 8 .....................
6 ,7 1 7
4 9 8 ,5
1 8 8 1 .................. 3 7 ,7 0 9 ,' '2<> 3 83 ,2 8 0 ,0 9 0
1 8 8 2 .................. 3 7 ,0 6 7 ,1 9 4
5 0 4 ,1 8 5 ,4 7 0
1883
....... 3 6 ,4 5 5 ,5 9 -s 4 21 ,0 8 6 ,1 6 0
1884
....... 3 9 ,4 7 5 ,8 - 5 5 1 2 ,7 6 3 ,9 0 0
1885
....... 3 4 ,1 8 9 ,2 4 6
357 ,11 ,0 0 0
1886
....... 3 7 ,0 0 0 ,0 0 0
4 5 7 ,0 0 0 ,0 0 0
A crea g e.
Y ield, Bush.
39
extent of the actual product in the United States cannot
be estimated at so early a date, not even approximately.
The iron trade was remarkably active and the total
product of the country was much ahead of any previous
year. The preliminary estimate of the Iron and Steel
Association gives the number of furnaces in blast on Jan.
1, 1887, as 323, with a weekly capacity of 123,284 tons,
against 275 furnaces on Jan. 1, 1886, with a weekly
capacity of 91,814- tons. The figures of estimated pro
duction in 1886 are as follows in tons of 2,000 lbs.
P rod u cts.
188 5 .
Tons o f 2 ,0 0 0 lbs.
P ig I r o n ..............................
B essem er S teel I n g o t s ...
B essem er S teel R a ils .........................
O pen -hearth S te e l...........
4 .5 2 9 ,8 6 9
1 ,7 0 ¡ ,757
1 ,0 7 4 ,6 0 7
1 4 9 ,3 8 0
1886.
Tons o f 2 ,0 0 0 lbs.
6 .2 7 2 .0 0 0
2 .2 4 0 .0 0 0
1 .6 8 0 .0 0 0
2 2 4 ,0 0 0
3 4 ,3 0 6 .5 3 8
4 9 ,0 33 ,3 6 4
5 0 ,3 6 9 ,1 1 3
5 1 .5 8 5 .0 0 0
6 2 ,3 6 8 ,5 0 4
6 2,3 1 7 ,8 4 2
6 4 ,2 6 2 ,0 2 5
6 5 ,6 5 9 ,5 4 6
6 8 ,3 0 1 ,8 8 9
6 9 ,6 8 3 ,7 * 0
8 3 .1 3 0 .0 0 0
7 5 .3 0 0 .0 0 0
8 6 7 ,8 4 6 ,2 9 5
1 ,2 8 3 .8 2 7 ,5 0 0
The production of pig iron and steel rails in the United
1 .3 4 2 .5 5 8 .0 0 0
1 ,3 8 3 ,2 1 8 ,7 5 0 States has been as follows for ten years :
1 .7 5 4 ,5 9 1 ,6 7 6
1 ,7 1 7 ,4 3 4 ,5 4 3
B essem er
B essem er
1 .1 9 4 .9 1 6 .0 0 0
P ig I ro n .
Steel Ingots.
Steel R a ils.
1 ,7 1 7 ,0 2 5 ,1 0 0
Years.
Tons o / 2 0 0 0 lbs. Tons o f 2 0 0 0 lbs.
Tons
o f 2 0 0 0 lbs.
1 ,5 5 1 ,0 6 6 ,» 9 5
1 ,7 9 5 ,5 2 8 ,4 3 2 1 8 7 7 ...................
2 ,3 1 4 ,5 8 5
5
6
0
,5
8
7
4 3 2 ,1 6 9
1 .9 3 6 .1 7 6 .0 0 1 8 7 3 ...................;
2 ,5 7 7 ,3 6 1
7 3 2 ,2 2 6
5 5 0 ,3 9 8
1 ,6 6 5 ,0 0 0 ,0 0 0 1 8 7 9
.......
3 ,0 7 0 ,8 7 5
9 2 8 .9 7 2
6 8 3 ,9 6 4
.......
4 ,2 9 5 ,4 1 4
1 ,2 0 3,17 3
9 5 4 ,4 6 0
For the six months ending Dec. 31, 1886, the export s 11 88 88 01 ...................
4 ,6 4 1 ,5 6 4
1 .5 3 9 ,1 5 7
1 ,3 3 0 .3 0 2
. . ..............
5 .1 7 8 ,1 2 2
1 ,6 9 6 ,4 5 0
1 ,4 3 8 ,1 5 5
of wheat and flour from the Atlantic and Pacific coasts 11 888*32 ..................
5 ,1 4 6 ,9 7 2
1 ,6 5 4 ,6 2 7
1 ,2 8 6 ,5 5 4
1
8
8
4
........
4
,5
8
9
,6
1
3
1 ,5 4 0 ,5 9 5
largely exceeded that of 1885, and reducing flour to 1 8 8 5
1 ,1 1 6 ,6 2 1
.......
4 ,5 2 9 ,8 6 9
1 ,7 0 1 ,7 5 7
1 ,0 7 4 ,6 0 7
........
6 ,2 7 2 ,0 0 0
2 ,2 4 0 ,0 0 0
wheat the total exports for six months were over 1 8 8 6
1 ,6 8 0 ,0 0 0
75,000,000 bushels, against 39,000,000 bushels or there
------------------- ------------ --------- T
J
>
o
x
abouts in 1885. For the Government fiscal years ending
to the new fields in operation, and the figures show the
June 30 the following table shows the exports of wheat,
runs of crude oil to have been 26,000,000 bbls., against
wheat flour and corn for the last eight years :
21,225,203 in 1885.
The runs and deliveries in each
EXPORTS OF WHEAT, FLOUR AND CORN.
year since 1879 have been as follows :
8 6 ,2 9 6 ,2 5 2
9 8 ,1 6 9 ,8 7 7
9 1 ,9 0 8 ,1 7 5
4 3 ,1 8 4 ,9 1 5
4 0 ,5 8 6 ,8 2 5
4 5 ,2 4 7 ,4 9 0
5 1 ,8 3 4 ,4 1 .
6 3 ,6 5 5 .4 3 3
Pursuing the method heretofore adopted in this review
and taking the arbitrary standard of values in New York
City on the 1st of January following the crop, we find
that prices have made little or no advance. If the whole
of each crop could have been laid down in New York on
the 1st of January the values would have been approxi
mately as follows.
Crop o f 1685.
Y ield.
P rice,
Jan .’86
cts.
W heat.bush. 357,112,000 92hs
C orn ...bu sh . 1,936,176,000 50
C otton , bales
6,550,215 9 3-16
T otal values
Crop Of 1886.
Value o f
Crop.
Y ield.
$
830,328,800 457,000,000
968,088,000 1,665,000,000
294,»82,491
6,440,000
1,593,299,091
P rice,
Jan .’87
cts.
93&
48^
9M
V alue o f
Crop.
$
427,295,000
801,281,250
299,170,200
1,527,746,450
1880
1881
1882
1883
R u n s.
B a rrels.
2 4 ,7 9 0 .1 6 4
.2 9 ,6 7 4 ,4 6 2
3 1 ,7 8 0 ,1 9 5
.2 4 ,3 8 5 ,9 6 8
D eliveries.
B a rrels.
1 5 ,7 65 ,8 0 0
2 0 ,2 4 0 ,1 2 1
2 2 ,0 9 4 ,3 0 0
2 1 ,9 6 7 ,6 3 6
1884
1885
1886
R u n s.
B a rrels.
2 3 ,7 0 4 ,^ 1 0
2 1 ,2 2 5 ,2 0 3
2 8 ,0 0 0 ,0 0 0
. .
5 ,6 2 9 ,7 1 4
6 ,0 1 1 ,4 1 9
7 ,9 4 5 ,7 8 6
5 ,9 1 5 ,6 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 3 1
.
1 22 ,3 5 3 ,9 3 6
1 5 3 ,2 5 2 ,7 9 5
1 50 ,5 6 5 ,4 7 7
9 5 ,2 7 1 .8 0 2
1 0 6 ,3 8 5 ,8 2 8
7 0 ,3 4 9 ,0 1 2
8 4 ,6 5 3 .7 1 3
5 7 ,7 5 0 ,6 0 9
C om ,
B ush els.
.
1 8 7 9 .........................................
1 8 8 0 ....... ...................................
1 8 8 1 .......................................
1 8 8 2 .....................................
1 8 8 3 ...................................
1 8 8 4 .....................................
1 8 8 5 ..........................................
1 8 8 6 ...................
Wheat F lou r,
B a rrels.
.
Wheat,
B ush els.
T ea r en d ed J u n e 30.
D eliveries.
B a rrels.
2 4 ,0 3 3 ,9 0 2
2 4 ,0 8 6 ,1 0 4
5 6 ,3 0 0 ,0 0 0
III.— Foreign Commerce of the United States, There
was hardly a feature in the statistics of the year 1886
more disappointing than the foreign trade balance, or
difference between exports and imports of merchandise.
In the first eight months the imports were very large and
the exports unexpectedly small in their total amount (this
being due in part to the very low prices of domestic products ruling in this country), and as a consequence there
was an actual excess in the value of exports over imports
in the first half of the year amounting to $978,738 and a
net export of $34,349,628 in gold. In the last half of the
year the situation did not greatly improve till the month
of October, when the exports showed an excess of $14,..
861,245 for the month, with astilllarger excess in the fob
lowing months, and this was partly due to the heavy outward movement in breadstuffs at advancing prices ; the
net import of gold for the six months ending Dec. 31 was
about $33,800,000.
The following table shows the trade
movement in the first half of the year to July 1 and in
the next five months— July 1 to Dec. 1— the statistics
for December not being yet at hand.
II. Manufactures, Mining, &c.— There are no current
statistics of a definite character in regard to the produc
tion of manufactured goods or the outturn of mines, ex
cept as to the anthracite coal mines. The statistics are,
s Ja n . 1 to J u ly 1.—
1886.
1 88 5 .
of course, compiled for the U. S. Census in decennial S ixE xmponth
o rts o f m e rch a n d ise .
$ 3 2 7 ,6 1 0 ,8 7 4
$ 3 3 6 ,3 3 5 ,8 4 2
Im
p
o
rts
o
f
m
e
rch
a
n
d
ise
.
3
2
8
,5 8 9 ,6 1 2
2 8 1 ,0 2 2 ,1 4 9
periods and are useful as a matter of history, but there is
E x ce s s o f e x p ts or im p ts
Im ports. 9 7 3 ,7 3 8
E xp orts. 5 5 ,3 1 3 ,6 9 3
N e t im p. o r ex p . o f g o ld .
E x p o rts. 3 4,3 4 9 ,6 2 8
Im p orts. 8 7 ,3 1 8
little definite information from year to year as to the
E leven m onth s Jan . 1 to D ec 1 .—
actual product of factories or of mines at large.
K xp orts o f m e rch a n d ise .
$ 6 2 7 ,9 1 6 ,8 2 5
$ 6 1 3 ,9 7 6 ,0 8 2
Im p o rts o f m erch an d ise.
6 0 7 ,1 0 7 ,1 1 7
5 3 5 ,6 5 7 ,1 5 3
The anthracite coal production of 1886 was about
E x ce s s o f e x p ts o r im p ts
E xp orts. 2 0 ,8 0 9 ,7 0 8
E xports. 7 8 ,3 1 8 ,9 2 9
N et im p . o r e xp . o f g o ld .
E x p o rts. 1 1 ,3 25 ,6 0 1
Im p orts. 8 ,3 9 7 ,8 8 7
31,925,000 tons, against 31,623,529 tons in 1885. The
IV . Railroad Construction and Railroad Earnings.— The
aggregate production for the last ten calendar years (1886
building of new railroads was undertaken in 1886 with
being partly estimated) has been as follows :
great energy. A very large mileage was projected, and
Ia T ea r.
Tons.
Tear.
Tons.
1877
.....................
------2 0 .8 2 8 ,1 7 9 1 8 8 2 ...
............. 2 9 ,1 2 0 ,0 9 6
much of it put under construction by some of the leading
1878
.....................
------ 1 7 ,6 05 ,2 6 2 1 8 8 3 ..
.
............. 3 1 ,7 9 3 ,0 2 7
1879
.....................
------ 2 6 ,1 1 2 ,6 8 9
1 8 8 4 ..
.
............. 3 0 ,7 1 8 ,2 9 3
railroads
of the West and Southwest, among which were
1880
.....................
------ 2 3 ,4 3 7 ,2 4 2 1 8 8 5 ..
.
..............3 1 ,6 2 3 ,5 3 0
1 8 8 1 ........
------ 2 8 ,6 0 0 ,0 1 7 1 8 8 6 ..
.
............. 3 1 ,9 2 5 ,0 0 0 found conspicously the Atchison, the Missouri Pacific, the
The mining of bituminous coal was active, and the Rock Island, the Northwest and the St. Paul companies.
business more profitable than in recent years, but the This mileage was built with rapidity by strong companies
T H E C H R O N IC LE .
40
of excellent credit, and there was never before an era of
active railroad building when the same amount of work was
done by parties capable of borrowing at the lowest rate of
interest, and of carrying their projects to completion with
all the economy and certainty of results which are guar
anteed by powerful management and unlimited credit.
It was estimated at the close of the year that 8,000 miles
of new road had been built, not including sidings or
double track, and there was every prospect that in 1887
this would be equaled, if not exceeded.
Railroad earnings showed a wonderful recovery from
the depression of 1884 and 1885, and the ratio of net
profits to gross receipts was particularly encouraging
owing to the better maintenance of rates throughout the
country. The great losses from the severe railroad wars,
which ended with the absorption of West Shore b y the
New York Central and the establishment of a strong pool
on trunk line freights, had been a sufficient caution to rail'
road managers, and after that period they were anxious to
have rates maintained at all hazards. For the eleven
months ending with November 30 the gross earnings on
78 railroads, operating 56,107 milep, were $270,037,273,
against earnings of $247,558,018 on the same roads in
1885, then operating 53,595 miles.
The following summary shows the condition of the New
Y ork City Clearing-House banks, rates of foreign exchange
and prices of leading securities and articles of merchan
dise, about the 2d of January, 1885, 1886 and 1887.
STATISTICAL SUMMARY OK OR ABOUT JAN. 1. 1 8 8 5 . 1 8 8 6 AND 1 8 8 7 .
1885.
1886.
1 88 7 .
N ew Y o rk O ily B a n k a —
L oans an d d is c o u n ts ............... $ 2 9 7 .8 8 7 .7 0 0 3 3 9 ,9 0 9 ,8 0 0 3 4 3 .6 9 7 .5 0 0
S p e c ie ........................ .................. $
8 7 .8 6 7 .8 0 0
8 9,7 2 1 ,1 0 0
8 2 ,7 1 8 ,1 0 0
C ircu la tion .................................. *
1 1 .3 98 .8 0 0
9,979,8oO
7 ,9 1 1 ,5 0 0
N e1 d ep osits................................$ 3 40 ,8 1 6 ,3 0 0 3 7 6 ,9 5 0 ,3 0 c 3 5 9 ,2 0 8 ,6 0 0
L s g a l ten d ers .............................$
2 8 ,8 0 8 ,2 0 0
3 7 ,3 5 6 ,9 0 0
1 9 ,3 7 0 ,4 0 0
L e g a l re s e rv e ............................. $
8 5,2 0 4 ,0 7 5
9 4 ,2 3 9 ,8 2 5
8 9 ,8 1 7 ,1 5 0
R e se rv e h e ld .............................. $ 1 25 .2 2 4 .7 0 0 1 1 8 ,5 2 9 ,3 0 0 1 0 2 .08 5 . 500
Surplus re s e rv e ..........................$
4 0,0 2 0 ,6 2 5
2 4 ,2 8 9 ,4 7 5
1 2 ,2 7 1 ,3 5 0
M on ey, E xch a n g e, S ilver—
C all lo a n s ........................................
1%®2
2% 95
498
P rim e pa p er, s ix t y d a y s ...........
4% 95%
495
596%
S ilv er m L on d on , p e r o z ...........
49* 8d.
4 6 i &16cL
4 6 %d.
P rim e sterlin g bilfs, 6 0 d a y s ..
4 81
4 86
4 81%
U nited Slates B on d s—
3s, reg istered , o p tio n U . S . . . .
101%
102%
100
6s, cu rren cy , 1 8 9 8 ......................
131
131*8
132*8
4 % s, 1 8 9 1 , co u p o n ......................
1131«
112%
110%
4s or 1 9 0 7 , c o u p o n .....................
123
127%
121*8
R a ilro a d Stocks—
N ew Y o r k C entral & H ud. R iv .
86 %
106
113%
E rie (N. Y . L. E . & W .) ..........
2 6%
1 4%
34%
L a k e Shore & M ich . S outhern.
62
88*8
95%
M iohlgan C en tra l........................
55
76%
93%
C h ica go R o ck Isla n d & P a cific
128%
1 26
105 %
121%
Illin o is C en tra l.............................
1 40
133%
C h ica go & N orth w estern , com .
85
110%
115
C h ica go M ilw . & St. P a u l, oom .
96%
71%
90*a
D e la w a re L ack. & W estern . . .
1 25 %
88 %
137%
C entral o f N ew J e rs e y ..............
44
3 9%
56
M erch a n d ise—
C otton , M id d l’g U p la n d s .$ lb.
9%
9%
11%
W o ol, A m e r ic a n X X .........$ lb.
34936
37
34938
I r o n , A m er. p ig , N o. 1 . . $ ton. 19 5 0 9 2 0 50 18 0 0 9 1 8 50 20 0 0 9 2 1 00
28 00
S teel ra ils a t m ills ......................
34 0 0 9 3 5 00
37 00
84986
9 2%
W h ea t, N o. 2 re d w i n . $ bush
93%
C o m , W est. m ix .N o. 2 . $ bush.
53954%
5 0%
48%
P o rk , m ess......................... $ bbl. 12 5 0 9 1 3 00 1 0 0 0 9 1 0 25 12 5 0 9 1 2 75
P etroleu m p ip e lin e ce r tiflc s
75
91%
7 0%
BANK MOVEMENTS.
The returns of the New York Clearing House banks did not
present any features of unusual importance during the year,
except that the surplus above the 25 per cent legal require
ment was reduced to a low point on December 18, being
then $4,008,200. But the increased activity in business was
well shown during the course of the year in the item of loans
and discounts ; the maximum surplus reserve was reached on
Jan. 30, 1886, when it was $36,156,425; on the first of July
the total loans and discounts were $355,743,700, against
$307,206,400 at the same date in 1885, and on Oct. 1 they
were $340,195,700, against $330,759,300 Oct. 1, 1885.
In the national banks of the country there was a large
reduction of circulation, oaused by the calling in of 3 per cent
bonds deposited by the banks as security for circulation; oa Jan.
1, 1886, the amount of national bank circulation outstanding
was $317,073,260, and on Jan. 1, 1887, $296,486,877, showing
an actual decrease of $20,586,383; but in addition to this there
was an increase during the year of $48,564,860 in legal tenders
deposited with the U. S. Treasurer to redeem bank notes yet
[VOL. 2 LIT.
to come in, making a total reduction in national bank circu
lation present and prospective of $69,150,748. The total
amount of government bonds deposited by the banks to
secure circulation was $229,438,350 on Jan. 1, 1887, against
$306,008,750 on Jan. 1, 1886.
The following were the totals of the New York City Clear
ing-house banks about the first of each quarter in the year
1886, and near the 1st of January, 1887:
J an . 2 . ’86
A p ril 3 , ’86
J u ly 3, ’86
O ct. 2, ’86
D e o 3 1 . ’86
L oa n s and
D isco u n ts.
Specie.
$
3 3 9 .9 0 9 .8 0 c
*49,8<i6,6 0 0
355 ,74 3 ,'. 0 0
3 4 0 ,1 9 5 ,7 0 0
3 4 3 ,6 8 7 ,5 0 0
$
8 9 .7 2 1 .1 0 0
7 8,4 5'‘*,800
6 4 ,4 8 3 ,9 0 0
7 0 ,4 8 2 ,^ 0 0
8 2 .7 1 8 .1 0 0
C iroula- .
N et
tion .
D ep osits.
$
§
9 .9 7 9 .8 0 0 3 7 6 .9 5 9 .3 0 0
7 ,9 7 4 ,1 0 0 3 7 0 .8 3 8 ,OOo
7,819,70n 3 7 7 ,4 1 1 ,4 0 0
8 ,1 6 4,40 0 3 4 0 .7 5 6 .3 0 0
7 ,9 1 1 ,5 0 0 1359,268,600
Legal
T end ers.
$
2 8 ,8 0 8 .2 0 0
2 6 .2 4 1 .1 0 0
4 0.8 9 0 .4 0 0
1 8 .5 70 .1 0 0
1 9.3 70 .4 0 0
THE MONEY M ARKET.
The money market was abundantly supplied with funds
during the first half of the year, the same result of business
stagnation being noticed which had been observed in 1885,
and call money was freely offered at 1@2 per cent. But after
July the banks and other money lenders had better profits, and
with the large demand to move crops in the West and South,
the activity in railroad building in remote sections of the
country, and the decided increase in speculative business at
the Exchanges, rates for money advanced materially. From
August to November, inclusive, there was an active and
healthy demand for money, which kept rates most of the
time art 5@ 6 per cent, with occasional spurts to 7, 8, 10 per
cent, or higher; but there was no severe stringency in the loan
market till the 14th of December, when call loans were marked
up to 10, and on the following day to % of one per cent a
day in addition to legal interest. This extreme pressure was
believed to be largely artificial, and manoeuvred to influence
the stock market, which it did most successfully, causing a
heavy break in prices, and almost precipitating a panic.
Rates were easier by the 18th, and so remained during the
balance of the month.
W eek e n d in g
F rid a y.
Jan . 8 .............
“ 1 5 .............
“ 2 2 .............
“ 2 9 .............
F eb. 5 .............
“ 1 2 .............
“ 1 9 .............
“ 2 6 .............
M ch. 5 .............
“ 1 2 .............
“ 1 9 .............
“ 2 6 .............
A p ril 2 ..........
“
9 .............
“ 3 6 .............
•• 2 3 .............
“ 3 0 .............
M a y 7 ___ ____
“ 1 4 .............
“ 2 1 .............
“ 2 8 .............
J u n e 4 .............
“ 11 .............
“ 1 8 .............
J u ly
2 .............
C all
L oans.
1
1
1
1
1
1
9
9
9
9
9
9
5
3
3
2
3
2
Prim e
P aper.
3% 9 5
3% 95
3 94%
3 94%
3 94%
3 94%
3 94%
3 95
3% 9o
1 9
2%
1% 9
1% @
1 9
1% 9
I%9
4
5
3
2%
4
3% 95
3 ^ 5
1 9
5
3% 95
1 % 9 2%
1% 9 7
3% 94%
3% 94%
1
1
1
1
3% 94%
3% 94%
3% 94
3% 94
9
9
9
9
7
6
3
9
W eek en d in g
F rid a y.
J u ly 9 . . .
“ 1 6 ..........
“ 2 3 ...........
“ 3 0 . ..
13
« 20 .............
•• 2 7 . . .
“ 10 . . .
“ 1 7 .............
« 2 4 ...
O ct. 1 .............
“
8 .............
« 1 5 . ..
« 2 2 ...
“ . 2 9 ............
N ov. 5 .............
“ 1 2 .............
“ 1 9 . ..
a 26 .............
“
“
«
“
10 ............
1 7 .............
2 4 .............
3 1 .............
C all
L oa u s.
P rim e
P a p er.
1 9
3
1 9 3
1% 9 4
1% 9 3
1% 9 6
2 9 :0
3 920
2 9 8
2 9 8
1 9 7
4 910
3 9 7
4 915
3 910
2 9 7
2 9 8
2% 9 6
4 9 7
4 9 6%
3 9 7
4% ® 9
3 *494
3% 94
3% 95
3% 95%
3% 95%
4% 96
5 96
5 96
5 96%
5% 96%
5% 96
5% ®6
5% 96
5% 96
5% 96%
6 ® 6%
6 ® 6%
5% ® H %
5% ® 6 %
% ®6%
5 96%
5 96%
3 9 9
5% 96%
4 - 1 0 + % p.d. 5% o>6%
2 9 8
6 96%
3 9 8
5 96%
UNITED STATES BONDS.
There has been little worthy of special notice in the govern
ment bond market. The chief point of the year was the rapid
retirement of three per cents by the Treasury calls, the first
of these, the 132d call, maturing Feb. 1, and the last, the
144th call, maturing Dec. 1, 1886, the whole amount retired
during the year being $127,000,000. This left only
$61,000,000 of 3 per cents outstanding, of which $10,000,000
are already called for Feb. 1, 1887. Many bonds deposited
by national banks to secure circulation were necessarily surren
dered or changed, and the relative amount of these on Jan. 1,
1886 and 1887, compared as follows :
BONDS DEPOSITED TO SECURE NATIONAL BANK CIRCULATION.
In cre a s e o r
D e crea se,
Jan . 1 ,1 8 8 7 .
D escrip tion .
Jan. 1 .1 8 8 6 .
Jan . 1 ,1 8 8 7 .
T hree p er c e n ts ........
F o u r p e r c e n ts ..........
$ 1 3 7 ,6 2 1 ,6 5 0
1 1 4 ^ 3 4 ,6 5 0
5 0,0 3 7 ,4 5 0
3 ,5 1 5 ,0 0 0
$ 5 2 ,2 1 8 ,9 5 0
1 1 3 .9 0 3 ,2 0 0
5 9 ,6 3 6 ,2 0 0
3 ,6 8 0 ,0 0 0
—$ 8 5 ,4 0 2 ,7 0 0
—9 3 1 ,4 5 0
+ 9 ,5 9 8 ,7 5 0
-j-lt>5,G00
$ 3 0 6 ,0 0 8 ,7 5 0
$ 2 2 9 ,4 3 8 ,2 5 0
—$ 7 6 ,5 7 0 4 0 0
C u rre n cy s ix e s ........
FOREIGN EXCH AN G E.
The course of foreign exchange during the year was a
matter of much .interest, being connected so closely with the
exports of merchandise, the purchase or sale of securities in
our market for foreign account, and the export or import of
gold. Each year the dealings in American securities become
J
anuary
1, 1887. J
TH E O H R O N fO LE .
a more important factor in the foreign exchanges, and they
affect the market quietly and often unexpectedly, as there
are no statistics by which the extent of these transactions
can be known.
In the first half of 1886 the exports of merchandise actually
fell below the imports in value, and in addition to this there
was probably some return of securities from abroad, resulting
in high prices for exchange and a net export of gold amount
ing to $84,349,628. In the last half of the year there was
apparently a very considerable export of securities, and in
the last three months an excess of exports over imports of
merchandise, resulting in low rates of exchange and a gold
import of about $33,800,000; the month of December is esti
mated in the latter figures, but this estimate is close, as the
port of New York is known, and the net import of gold there
in December was $10,740,787.
41
Ne-T J^ seymheld the Central Railroad lease to Reading as
Ju ’t* 1 ~e Trans-Continental pool between the railroads and
the Pacific Mail Steamship Co. was abandoned. Bank of
England rate reduced to 2 per cent. Illinois Central negotiated
8% per cent bends.
6
March.—The great strike on the Missouri Pacific Railroad
system was ordered by the Knights of Labor. Large shipments
?*
wei^made to Europe. The Reading scheme was pub*
fished and Mr. Cdrbin joined the syndicate. Secretary Manmng was prostrated by illness. Western Union Telegraph
declared a scrip dividend of 1% per cent.
A pril.—Labor situation became worse, Lake Shore switch•ne-S
Chicago and Third Avenue horse-car drivers
in New York. The anthracite coal companies’ presidents made
an informal agreement at Mr. Morgan’s house to restrict output
for twelve months from date to83,500,000 tons. Rates between
Chicago and Sc. Paul were restored. A consolidation scheme
was announced between the Atchison Topeka & Santa Fe and
the Gulf Colorado & Santa Fe. by an issue of Atchison stook
for the Gulf Colorado & Santa Fe stock. The Wabash St.
RAILROAD AND MISCELLANEOUS STOCKS AND BONDS.
Louis & Pacific was sold in foreclosure on April 26.
_The general course of the stock market was one of compare
May .—The anarchist slaughter of policemen in Chicago
tive dulness and irregularity from the first of January till the occurred on the 4th. Stocks declined and Mr. Tasker Marvin
middle of May. It is true that there were “ lucid intervals ” suspended. The labor situation began to improve greatly and
Missouri Pacific strike was declared off. C. F. Woerishoffer
during this time, when shrewd operators could perceive the died. Bank of England on the 6th advanced its rate from 2
signs of a better time approaching, but the general tone was to 8 per cent. The East Tennessee Virginia & Georgia
unsatisfactory, and stocks were depressed for reasons which Railroad was sold in foreclosure May 25. Gold shipments
certainly seemed weighty enough to discourage any buoyancy continued. Stocks improved decidedly and Chicago <perators
were prominent supporters of the grangers. The New York
Foremost among these causes were the great labor strikes in Legislature passed the law reducing price of gas in New
the Southwest, in Chicago, Milwaukee and New York, and York City to $1 25 per 1,000 feet. Considerable break in prices
finally the anarchist outrage in Chicago on the 4th day of of wheat and petroleum; wheat exports were large.
J une.—Better feeling. Crop reports were good. Reports of
^ 7 * ^ tho next place, the condition of foreign trade was quite
railroad earnings quite favorable, particularly on trunk lines.
unsatisfactory and the prices of our leading staple products Rumors of a Nickel-Plate settlement. Gauge of many Southern
were very low ; imports of merchandise exceeded exports in roads changed to standard, embracing a total of over 12 000
value, and gold was going out at the rate of $5,000,000 or miles in all. Wabash Purchasing Committee issued circular
more a month. Under these circumstances it was not until asking bondholders to fund overdue interest and reduce to 5
per cent. Receiver appointed for Indiana Bloomington &
the latter part of May that the market really turned and Western following decision in favor of Cincinnati Smdusky
assumed a stronger and more confident tone, from which it & Cleveland. Western Union Telegraph passed its dividend.
Gold exports about $5,500,000. Bank of England on 10th
never afterward completely relapsed.
reduced its rate to 2% per cent.
The better feeling which began in May was helped by good
JULY.-There was general improvement. Crop reports
reports from the growing crops in June and July, and good. Gold exports fell off. Denver & Rio Grande was sold
also by a large export movement in wheat, which seemed ?£ r^ 8peed,ly reorganized. Silver in London declined to
finally to have got a fair start towards the foreign 42%d. per ounce.
A ugust.—Silver in London touched 42d. on the 3d the
markets, where it ought to have been landed months
before. The export of gold ceased after June, and there lowest point reached. Money worked more closely and rates
was a considerable demand for American stocks and bonds were 7@8, with exceptional spurts higher. Bulgarian diffi
after the turn of the year, which made itself apparent in a culties much talked of, and Bank of England rate advanced
return flow of gold towards this country. Under this change *r° m 2K to 3% per cent. William Gray, Jr., of Boston,
of affairs and a very large increase over 1885 in the railroad defaulted and committed suicide. Pennsylvania Railroad
earnings as reported from Jan. 1 to the first of each month, annulied its freight contract with B. & O. The Lake Shore
the btock Exchange situation improved, and from firmness strike at Chicago was renewed for a short time. The Morrison
and tolerable activity in July and August (in spite of some resolution to reduce the Treasury balance to $100,000,000 was
little reaction in the latter month), the market advanced to vetoed. The bill to issue $1, $2 and $5 silver certificates was
large dealings in September, October and November, cul I)3iSS6Cti
September.—Business was more active. The defalcation
minating in a great speculative buoyancy that reached its
height late in November. From this point the market con of Bartholomew in Hartford was made public. Money rates
tinued with irregularity, some special stocks being still were firm. Stocks were decidedly strong and the volume of
further pushed upward, but the general list dragging as transactions was large. An agreement by Mr. Gowen with
December advanced, the downward tendency being pro the Drexel Syndicate was announced. Coal prices were
nounced by the 11th and reaching a crisis on the 15th. Gall advanced 10 to 15 cents.
October.—General business was good. Government reports
loans had been forced up to very high rates, as much as % of
1 per cent a day, and a stock panic was precipitated in which of crops were better in some respects. Gold imports continued
prices fell off as sharply as in the worst periods of a serious and about $5,250,000 came in. Bank of England rate was
crisis. Some of the widest fluctuations Dec. 11 to 15 were_ advanced from 3% to 4. Messrs. Kennedy and Harris were
Manhattan Elevated, 165%—158%; Chattanooga, 101—67% • appointed receivers of Jersey Central. The South Pennsyl
New York & New England, 64%-44; Philadelphia & Read vania and Beech Creek agreement with the Pennsylvania Rail
ing, 48—80; R. & W. P. Terminal, 45%—30; Tennessee Coal & road was held void. Strikes occurred by Minneapolis switchL*on Co., 109—60%. The sales at the New York Stock men and by pork-packers in Chicago, Stocks were buoyant
J
Exchange on Dec. 15 were the heavist ever made in a single and specialties advanced sharply.
November.—Trade reports were encouraging. The export
day, amounting to 1,096,000 shares. During the next few
days the market first reacted, then dragged sluggishly but of breadstuffs kept up well, and the iron and steel trade was
assumed a firmer tone and recovered materially before the active. Money on call was high, but the rates did not inter
end of the month.
fere with stock speculation. About $8,200,000 of gold was
The total sales at the New York
Stock Exchange in 1886 imported. Stocks showed remarkable buoyancy in the latter
/W nTIQTiin TUlfn fV»AOA a # nATT/%M
•___ ___
part of the month, when transactions were heavy, and the
highest prices of the year were generally reached. Canada
R a ilroa d
R a ilro a d
Governm ent
State
B
a
n
k
Southern sold up to 67%; St. Paul 96%; Northwest 120%; C.
stocks.
bonds.
bonds.
bonds
stocks.
C. C. & I. 75%; Hocking Valley 45%; Lackawanna 142%;
Shares.
$
$
Denver & Rio G. 35%; East Tenn. pref. 78; Lake Shore 100%;
Shares.
$
1 8 7 9 .......... 7 2 ,7 6 5 ,7 6 ’ 4 12 .3 0 9 .4 0 0 1 1 2 ,5 7 1 ,8 5 0
2 2 ,6 4 3 ,1 5 0
1 5 ,6 0 6 JtouisviHe & Nashville 64%; Manhattan 172; Mich. Central
1 8 8 0 ....
9 7 ,9 1 9 ,0 9 9 5 6 9 .9 1 0 .2 0 0 5 8,4 5 9 ,6 0 0 1 5 ,4 9 7 ,4 0 0
1 5 ,3 5 4
1 8 8 1 ......... 1 14 ,5 1 1 ,2 4 8 3 8 5 .8 8 9 .5 0 0 3 5.3 9 5 ,8 5 0
! 8% ;
Pacific 118%; Erie 38%; New England 66%; Nor8,8 1 5
1 8 8 2 .......... 1 16 ,30 7 ,2 7 1 2 46 ,7 6 9 ,4 1 0 1 8 ,5 5 5 8 5 0 4 9 ,5 6 9 ,3 0 0
2 6,5 7 1 ,2 6 0
9 ,3 3 6 toik & West. pref. 54%; N. Pacific pref. 65; Reading 53%;
1883
.....................
9 7 ,0 4 9 ,9 0 9 2 8 4 ,7 6 8 ,1 0 0 1 7 .0 4 6 .1 5 0
6 ,9 8 6 ,5 0 0
9 ,5 1 3
? Danville 200; West Point Ter. 77%; Union Pacific
1884
.....................
9 6 ,1 54 ,9 7 1 4 99 .9 5 5 .2 0 0 1 4 .9 0 5 .1 5 0
2 ,8 2 6 ,9 0 0
1 0 ,1 2 7 66%; Wabash pref. 38%; Western Union 80%.
1885
.....................
9 2 ,5 3 8 ,9 4 7 6 6 0 .6 5 9 .4 0 0 1 5,2 6 1 ,2 0 0 1 4,6 7 8 ,0 5 3
13,2
23
1886
.....................
1 00 ,8 0 2 ,0 5 0 5 87 .2 3 7 .5 0 0 1 2 ,7 9 3 ,5 0 0 2 0 ,3 94 ,4 1 1
D
ecember
.—The month opened with active business, large
26,6 91
exports and gold coming in so that about $10,740,000 were re' - « « ‘ DO U i. w i e year D y montiis the principal
ceived at New York during the month. Congress met on the
events bearing upon the stock market were as follows •
oth, and the Inter-State Commerce Bill was introduced with
January.—Baltimore & Ohio made a cut of $5 in passenger the
objectionable loDg-and-sh rt-haul section, and the antirates between New York and Chicago. Bill to provide for
the payment of Pacific railroads’ debt to the Government was pooling section. The stock m rket dragged, and on the 11th
“ 8®“ .
decline; money was bid up very sharply, and on
introduced by Senator Hoar. The Bank of England rate was the
14th % of 1 per cent a day was asked for call loans. A
reduced from 4 to 3 per cent.
panic in stocks took place, and on the 15th the decline was
February.—The Drexel-Morgan Syndicate was announced, immense,
but particularly in the-low priced specialties that
with a pledge of $15,000,000 capital, to reorganize Philadelphia had
previously “ boomed.” The market recovered
<X Reading; coal stocks buoyant; the Vanderbilt Reading greatlybeen
before the end of the month. On the 16th the Bank
stock reported sold to Mr. Austin Corbin. The Chancellor of of England
advanced its rate from 4 to 5 per cent.
T H E C H R O N IC L E
42
rVoL. XL IV*1
MERCANTILE FA ILU R E S IN THE UNITED STATES A N D C A N A D A FOR S IX YE A R S.
F A IL U R E S F O R 1 9 8 6 , 1 8 8 5 , 1 8 8 4 , 1 8 8 3 , 1 8 8 2 A N D 1 88 1 —P R E P A R E D B Y MESSRS. R . G . D U N & CO.
N u m b er
i n B u si
n e ss in
1886.
1 8 86 .
States and Ter
ritories.
V o. 1
F a il- {
u r ti. L ia b ilities.
Eastern.
1 4 ,0 10 M a in e ...............
8 ,2 5 6 N. H a m p sh ire.
6 ,5 4 3 V erm on t____
CM a ssachu’t ’s
4 7 ,9 7 7 i B o s t o n ___
7 ,0 4 7 R h od e Isla n d .
1 6 ,8 4 2 C on n ecticu t ..
1 67
48
45
34)
285
92
132
9
3 2 25 ,27 9
'4*29.712
5 43,494
2,1 0 9,80 2
9 ,3 1 9 ,0 4 0
725)547
1 ,9 0 6 ,6 8 4
T ot. E astern
M iddle.
N ew Y o r k . . . .
N .Y . & B ’kn.
N ew J e r s e y ..
P en n sy lv a n ia .
P hiladelph ia
D e la w a r e ........
M arylan d . . ..
D ist. o f C ol___
1,1 1 0
T o ta l M iddle
Southern .
V irg in » ........
W est V irgin ia
No. C arolin a.
So. C a r o lin a .
G e o r g ia ..........
T lo r id a ..........
A la b a m a ........
M ississip p i...
L ouisiana . . .
T e x a s .............
A rkansas . . . .
Kentucky___
T en n essee . . .
2,2 7 1
T o t. S ou th ’n
W estern.
c O h i o ........ .
X C in cinnati
I n d ia n a ..........
< Illin ois . . . .
} C h ica go .
M ich igan . . . .
W iscon sin . . .
I o w a .............. .
M inn esota . . .
CM is s o u r i. . .
C St. L o u is .
K a n s a s ...........
N ebraska ___
2,3 4 9
1 00 ,67 5
8 6,0 06
5 0,5 62
2 7 ,4 9 9
8 0,9 32
2 5 ,5 9 4
4 ,0 4 4
1 5 ,6 3 0
8 ,5 9 5
2 9 3 ,9 6 2
1 4 2 ,0 1 4
6 6 ,8 1 2
3 6 ,1 4 2
6 4 ,9 2 2
8 8 ,5 9 9
2 8 ,5 1 7
3 0 ,1 0 2
2 6 ,2 3 2
4 6,3 34
2 2 ,5 6 0
14,5 43
3 6 9 ,7 6 3
421
5 ,7 3 2
2 4 ,2 7 8
6,976
1 ,2 9 9
2 ,5 0 9
1 ,5 7 2
8 89
2 ,1 9 3
10,4 51
2,6 9 8
3 ,4 5 5
9 97
58
6 3,5 27
621
528
111
617
205
25
12«
35
2 23
77
113
111
2 i5
78
I IP
173
205
5 07
1 00
275
1 54
489
91
2 35
371
275
2 02
188
373
20.
164
69
2 97
185
3,0 9 1
T ot. W ester
Pac. dk Ten'it’s.
In d ian T e r . . . .
O re g o n .............
127
f C aliforn ia , j
343
211
) S. F ra n cisco
C o lo r a d o ..........
82
12
N e v a d a ........... I
«
U t a h .............
lv
N ew M e x io o ..
W y o m in g ........ l
11
7
Id a h o ...............
D a k ota .............
io n
M o n ta n a .........
19
W a s h in g to n ...
63
A r i z o n a ...........
n
A la sk a ..............
T o t. Pao.& T
1,013
969,841
188 5 .
V o.
Fail- 4m oun^ o f
u r ti. lia b ilities.
COURSE
1,252
OF
u r ti.
9
8 7 5 .2 6 7
5 7 2 ,0 7 2
6 8 3 ,7 0 7
4 .0 1 0 ,7 9 1
6 ,3 3 2 ,3 2 9
3 ,2 * 5 ,2 6 9
1 ,4 6 4,39 6
2 05
79
44
271
1 26
176
3 ,2 2 3 ,7 9 7
4 ,3 7 3 ,5 1 8
1,248)591
1 ,7 1 4 ,4 8 6
231
96
48
390
305
136
1 69
1 8 ,2 5 9 ,5 5 8
1,261 1 2,4 30 ,4 3 3
1,3 7 5
5 694 ,08 8
1 6 ,5 71 ,6 6 7
6 2 2 ,2 Ì 8
5 ,5 2 3 ,0 6 4
2 ,8 6 9 .0 1 7
1 7 6 ,5 0 0
3 ,6 3 Ì ’, 97Ì
2 8 0 )4 6 3
6 77 7 ,9 9 9 ,3 4 1
5 06 19)874)996
122
9 1 9 ,6 4 9
7 48 9 ,8 6 4 ,1 3 7
2 04
2^9911969
23
1 9 5 ,2 5 0
177 3 ,7 7 7 ,8 0 4
41
2 1 2 ,6 9 4
7C6
7 18
119
6 53
2 25
27
112
32
3 5,3 6 8 ,9 8 8 2,4 9 8 4 5 ,8 6 5 ,8 4 0
2 70
96
1 69
119
2 12
49
39
157
215
3 68
94
276
282
193
66
1 70
1 02
2 38
44
68
155
1»4
4 93
121
219
2 38
2 3,2 0 1 ,5 0 8 2,346 2 8 ,8 1 4 ,0 6 8
2,2 9 1
5 ,5 7 0,72 8
2 ,0 9 5 ,6 3 0
2 ,4 3 5 ,5 2 8
3 ,5 1 0.24 1
2 ,3 4 8 ,6 1 2
2 ,0 1 8 ,3 1 5
1,2 5 9,00 b
2 ,3 5 4 ,7 5 7
1,5 3 9,09 3
9 2 8 ,00 6
1 ,7 9 0,10 0
1,3 7 7,17 7
819 ,85 4
552
112
3 04
3 74
3 29
303
170
412
2 20
191
85
97
2 20
2 9,8 4 2 ,6 1 5 3,302 2 8,0 47 ,0 9 7
3 ,3 6 9
7 33 ,10 t
2,6 3 1,70 0
2 ,4 5 4 ,4 0 '
765.182
328,500
308,910
361,100
39,700
1 1 2 ,7 3 t
4 0 4 ,8 9 t
2 2 0 ,76E
5 88 ,20 t
108,70t
220
353
220
130
23
86
25
2
£
117
3t
14i
25
9 ,0 6 2 ,8 8 ;
1,341
124,22032 1
10 ,96t
4,2 7 9,10 1
2',739)089
3)923)672
4 /2 6 3 ,6 8 4
2 ,2 6 9 ,0 0 7
1 ,9 4 0 ,1 6 7
1 ,9 2 2,31 3
2 )205)740
'9 9 4 )8 9 7
8 4 7 ,0 3 5
1 ,0 5 0 ,7 3 6
8 44 ,72 3
7 17 ,90 0
1 ,5 4 4,00 0
2)756,400
'6 9 8 )52 0
1 84,800
20,307
373)400
44,100
9.800
765,973
2 3 1 )8 0 l
4 20 )6 5 t
253,801
588
91
293
372
312
238
169
370
190
182
71
2 35
141
162
4 47
225
62
25
22
20
6
20
88
22
113
18
7 ,9 7 1 ,4 5 t 1,23t
10,63
8 ,8 6 1,60 !1 1,327
10,386,88-1 t,2 5 (
PRICE3
OF
61
54
39
327
107
96
88
9
9 4 2 ,0 1 4
3 95 .04 5
147,348
2 ,8 8 8,16 1
6 ,0 6 4 ,4 5 0
2 ,1 5 5 ,4 1 9
8 9 8 ,96 3
1 7 ,2 23 ,8 3 1 1,197
3 7 ,8 6 1 ,8 9 7
7 72
1 3 ,4 9 1 ,4 0 0
7 7 2 1 1,0 71 ,1 5 6
8 7 ,3 2 5
1 0 ,9 4 9 ,8 9 4
7 7,8 75 ,7 2 1
1 ,3 1 9,33 9
12,3 40 ,1 3 3
6 ,8 9 2 .0 3 2
5 5 3 ,9 0 0
2 ,0 2 8 ,1 8 9
8 96 , » 5 2
10,794,708|
2 8 ,2 1 0 ,2 2 5 1
2 ,1 8 2.42 5
10,062.0711
3 ,5 0 9 ,3 4 9
206,7571
1,864,5021
278 ,49 7
4 44
455
113
431
109
12
80
23
7 ,1 4 4 ,2 1 7
2 1,2 1 2 ,3 0 8
1.871,998
5 ,6 5 5 ,* 1 5
4 ,0 0 5 ,8 8 7
7 9 ,4 0 0
1 ,2 6 1,14 0
154,887
4 29
388.
77
2 50
134
7
75
12
4 ,8 5 1 ,0 7 4
14,674,314
4 ,5 3 6 ,3 4 6
1 .8 5 3,52 2
4 ,3 4 1 .7 6 7
7 3 ,2 0 0
2 ,4 8 4,99 1
1 0 9 ,3 0 4
7 8 ,2 6 0
3 8 )1 8 1
2 1 ,6 3 3
6 4 ,2 5 6
1 9 ,1 0 6
4 1,3 8 5 ,6 5 2 1,372 3 2 ,9 2 4 ,5 3 8
2 4 1 ,3 7 3
5 85
5 45
121
5 31
174
15
127
38
2 ,4 1 5 ,2 5 4
6 0 5 ,5 6 0
1 ,2 4 1,62 1
8 77 ,06 5
3 ,4 1 2 571
6 7 0 ,5 3 4
1,453,3*1
3 ,0 0 1 ,2 5 4
5 ,4 0 8 ,9 1 6
4 ,3 6 5 ,3 7 5
1 ,1 4 9,16 4
2 ,0 0 3 .2 6 5
1 ,6 5 4,86 1
5 7 ,1 0 8 ,5 3 4 1,667
1 34
55
1 54
93
2 13
34
55
151
1 77
320
84
1 54
2 20
1,4 4 8,81 5
4 0 7 ,0 5 3
1 ,3 5 7 ,8 0 6
1 ,1 5 1,66 6
2 ,1 8 0,83 9
2 9 7 ,67 7
650 ,71 0
2 ,6 5 8,72 2
3 ,3 3 5,67 8
3 ,0 5 7,86 5
5 96,723
1,6 6 7,72 7
974 ,32 6
2 8,3 1 8 ,5 5 7 1,844
9 ,7 1 0 ,0 3 9
2 ,9 9 5,8^ 2
5 ,7 7 5,11 3
5 ,7 1 4 951
6 ,9 4 6 ,9 8 6
3,7 8 6,04 1
4 ,2 5 2 ,4 7 0
2 ,4 3 5 ,6 5 3
4 ,5 1 0,10 1
997,041
5 ,8 4 9,4.}6
6 0 8 ,* 5 4
1 ,4 0 0,39 6
1 9 ,7 85 ,6 0 7 1,618
5 36
79
270
328
277
2 75
173
420
116
155
71
161
1 00
1 0 ,4 85 ,2 7 3
1 ,7 6 5,57 5
3 ,4 2 6,18 2
3 ,1 8 8,73 3
1 3,2 0 3 ,2 7 9
4 ,3 4 7 ,0 9 5
2 ,8 6 7,43 2
2,249,651
1,1 2 9,88 2
8 85 ,66 9
2 ,2 5 2,26 2
7 2 6 ,67C i
3 50 ,70 0
5 4,8 7 2 ,9 8 3 2,961
9 55,106
1,5 9 9,60 0
2 ,8 3 2 ,30t
1,986,664
3 10 ,20 t
305,22t
544,321
13,30t
173,30t
1,075,78t
315,00t
546,837
582,100
1 3 ,0 7 1 ,9 9 t 1,04t
Q.iS.
226343 ,4*
1 1 8 ,6 0 6
2 ,6 8 6 ,8 1 7
7 6 5 ,7 3 4
1 ,6 8 8 ,5 6 5
1 ,1 9 3,74 0
2 ,2 3 9 ,5 8 6
1 ,4 5 6 ,8 7 0
1 ,1 0 6,94 2
1,415,773
3 5 5 ,9 9 0
1 ,4 4 6,45 0
2 ,7 0 1 ,7 2 0
1 .5 1 0 ,9 6 7
4 50 ,02 3
11 2 «
112«
112 «
112 «
11,239,731
731
6,653,214
172 , 874,17
6 , 73t
11 2 «
114
H ig h e s t ............................................... .. ..
112 «
L o w e s t ........................................................
114
C losin g........................................................
M a rch .
O pen in g.............................. ...................... x 1 1 2 «
1 13 «
H ig h e s t.......................................................
H i«
L ow est.............................................. ...........
112 «
C losin g......................................... ...............
A p r i l.
O pening.......................................................
113«
112«
H igh est.................................. ....................
112 «
L o w e s t ........................................................
112«
C losin g....................................................... .
M ay.
112«
O pen in g....................................... ...............
112 «
H ig h e s t......................................................
112 «
L o w e s t........................................................
112 «
C losin g.........................................................
O p en in g...............................................
. X 111«
112«
H ig h e s t.......................................................
L ow est.........................................................
111«
p i r>*H»>o'
112
X 10 2
123
124
135«
135«
135«
135«
124«
127«
124«
127«
100 «
10 1
100 «
10 1
136«
136«
136«
136«
1*7«
127 «
125«
123«
100 «
10 1 «
100 «
10 1 «
x J2 Ö «
126«
125«
126«
x 100 «
10 1 «
100 «
10 1 «
12 1
120 «
126«
125«
120
126«
127«
126
127«
101«
2 9 1 ,3 4 9
239
3 ,7 0 2
2 96 .21 4
33
1 69 1,4 3 7.00 0
1 9 ,3 4 5
1 06 1 ,3 5 3,00 0 5
7 ,6 5 7
97 1 6 87,479
1 ,5 1 4
24 1 267 ,00 0
1 ,8 9 0
18,200
10
1
,1 0 3
4
5 1,500
517
4,0 0 0
2
817
63,000
4
2 ,8 4 4
121,108
12
908
68,000
4
1 ,6 4 7
99,593
12
8
33
630,000
18
l
20
495
5,096,094
4 3 ,0 3 6
10 13 4 7 3 6 ^ S3&
Si,i55,93‘
781,689
635
5 ,7 5 1 ,2 0 ’
5 9 ,1 1 6
THE
YEAR
________
1886.
•
_______
Registered Bonds.
option 6 s, cur’cy
4 « s , 1891.1 4s, 1907. 8 s, U.S.
1898.
J u ly .
H igh est................... .................................
A u gu st.
111«
112 «
111«
112 «
x 120
127
125«
127
111«
111«
111«
1H «
120 «
x 110
112 «
109«
112^
O c to b e r .
••••
N ovem b er.
112«
112 «
111«
111«
x 100 «
100 «
100 «
100 «
127
125«
126«
100 «
100 «
100 «
100 «
126«
128«
126«
128«
100 «
100 «
100 «
100 «
x 129
129
127«
128«
133«
134
133
138«
100
100
••••
128«
129«
127
129
t...
x 110 «
110 «
110 «
110 «
C lo s in g ...............................................— •
129
129«
129«
128«
100 «
10 1
100 «
10 1
1
185
135
185
135
xlO O «
100 «
111«
111«
110 «
1U «
D ecem ber.
....
l
1 ,2 9 2,06 7
5 5 ,7 9 0
1 ,5 0 7 ,8 0 6
3 0 ,6 3 2
6 8 3 ,2 8 9
5 85 ,71 8 j 5 5 ,3 3 5
1 ,9 8 0 ,7 0 0
3 1 )1 0 2
1 ,7 5 0,83 2
2 2 ,9 1 9
1 ,4 6 9,61 6
2 6 ,4 1 9
9 .-6,601
1 2 ,5 0 5
3 9 1 ,8 2 7
1 ,0 6 2 ,7 2 0 1 3 5 ,6 6 9
1 ,8 7 8,33 1
1 3 ,8 9 4
1 ,7 0 4 ,8 1 0
7 ,0 8 4
3 6 0 ,4 1 5
Coupon B onds.
S e p te m b e r .
10 1 «
10 1 «
100 «
10 1 «
10 1 «
10 2 «
10 1 «
1 87
48
73
1 08
37
209
77
75
73
1 63
55
262
132
8,5 8 7,65 ''
Registered Bonds.
10 2 «
100 «
100 «
x 128
98
41
83
90
132
16
104
153
1 06
2 34
102
93
187
1 9,0 19 ,1 7 5 1.504 1 5 ,5 9 4 ,7 3 2
i s .ß ö t
194,952
7 1 ,not
1 2 8 ,3 0 t
4 5 4 ,0 0 t
FOR
1 3 ,4 0 2
3 ,0 1 3
2 0 ,9 98 ,1 2 3 1,439 16,4 69 ,4 1 2
5
33
7
20
31
SECURITIES
9
12,457
4 4 2 ,7 0 8
7,65Si
332,404
6 ,6 6 4
1 55 ,00 0
3 .8 3 5 ,7 9 5 j 4 0 ,8 1 6
3 .8 5 6 ,4 5 0
5 ,2 5 8
1,612,011
1 4 ,4 7 5
8 3 6 ,7 8 8
1 1 ,6 0 5
6 ,4 5 4
7 ,8 6 8
5 ,4 1 9
1 0 ,4 7 8
2 ,5 7 6
7 ,0 5 0
6 ,3 5 2
8 ,9 8 8
1 4 ,5 2 3
6 ,0 9 6
19)3 1 1
u ,8 8 6
1 93,500
1 ,5 5 2,00 0
2,1 9 5,00 0
1,260,191
182.200
274,071
135,500
787
76
51
22
3 19
97
77
1 30
6 70 ,58 3
188 .23 3
5 9 1 ,8 7 4
6 «4 ,5 5 8
2 ,3 7 9 ,5 4 8
2 2 3 ,3 5 2
2 ,0 4 1 ,3 4 0
1 ,9 4 2,12 9
1 ,6 0 4,57 7
2 ,7 1 3 .9 2 0
9 5 2 ,5 3 2
1 ,0 8 3 ,4 1 3
1 ,3 9 3 ,3 5 3
2 ,2 3 5 ,2 9 9
3 8 9 ,4 5 8
9 3 1 ,8 2 2
9 0 8 ,5 4 2
1 ,9 3 0,56 3
1 6 7 ,3 2 0
1 ,1 8 8 ,2 7 6
2 ,3 3 5 ,9 5 7
3 ,1 6 2 ,9 4 8
1 ,6 4 4,25 4
7 54 ,72 4
3 ,7 1 6 ,0 9 6
1 ,6 3 2 ,8 6 4
35
237
138
16S
29
15
12
1 9 .1 9 1 ,3 0 t 1,384 1 5 ,9 4 9 ,3 6 1
GOVERNMENT
288
47
124
158
103
1 89
97
194
70
221
79
2 67
113
4 6,8 78 ,4 0 3 1,9 5 0
93
281
14S
182
35
51
31
5
18
9t
2t
5t
36
1 ,4 5 7 ,5 0 0
2 ,4 1 1,40t
3 ,7 5 5 .5 0 t
2 ,2 5 9 ,3 8 5
1 96 ,80 t
2 01,921
189,*08
7 2,5 0t
7 4 ,0 0 (
729,<¡42
3 53 ,64 t
8 41 .20 t
528,700
137
45
134
93
138
17
85
197
1 78
204
95
131
164
option 6 s, cur’cy
4 « s , 1891. 4s, 1907. 3s,O.
1899.
S.
J an u ary.
O p en in g................................ ...................
H igh est............. .........................................
L ow est..........................................................
C losin g.........................................................
F eb ru a ry .
N u m b er
i n B u ii~
n ess i n
9
2 ,2 5 3 ,1 1 0
4 1 8 ,7 9 9
5 ,7 2 4,26 3
4,560,8331
20,908,8581
3 ,2 5 1,79 2
7 44 ,24 2
[C om p iled fro m sales m a d e a t th e N ew Y o r k S to ck E x c h a n g e .]
Coupon Bonds.
1881.
2 23
75
45
391
2 35
109
119
2 ,5 9 2 1 1 2 ,8 5 6 ,0 6 0 2 ,1 3 6
7 ,6 4 6 ,0 2 3
7 5 1 ,3 2 7
1 ,0 4 4,11 3
1 ,4 2 8.57 8
2 ,5 6 6 ,2 3 5
3 6 6 ,1 0 3
1 ,0 1 7 ,1 6 5
9 9 8 ,1 5 0
5,035,411
3 ,3 9 4 ,4 6 0
8 1 8 ,32 5
1 ,9 4 1,58 9
1 ,8 0 6 ,6 1 9
1 ,7 5 0 ,7 3 7
548)783
969)961
1 ,0 5 3,77 4
1 ,8 7 2,76 3
6 0 3 ,3 0 2
1 ,8 7 8 .7 Ì 6
1 ,1 2 7 ,1 0 2
2,78 0)3 1 3
5 ,3 1 3 ,7 2 7
l ) i 78)651
2 ,4 4 4 ,0 4 0
1 ,6 7 9,63 9
188 2 .
1883.
N o. f
No.
N o. 1
A m o u n t o f FaiL-\ A m o u n t o f
A m o u n t o f Fail- -4 m ou n t o f
L ia b ilities. u r t i jJLiVCbuiLUiti ^ u r ti. L ia b ilities. tires. I L iabilities.
~ 9
1 ,0 5 0,18 1
5 6 3 )3 9 2
114 ,644, / / (
7 2 ,6 8 0 D o m . o f C an .
884 .
N o.
133«
132«
132
182 _
THE CHRONTOLE,
J a n u a r y 8, IS 87.]
43
QUOTATIONS OF STERLING EXCHANGE FOR E V E R Y D A Y IN THE Y E A R
P Day
Of
February.
January.
Mon . 60 d. Sight. 60 d. Sight.
1 ....
H oliday. 4 8714 4 8314
2 ... 4 86 4 8914 4 as 4 00
3 ....
4 8714 4 8014
8.
4 .... 4 8614 4 00 4 8714 4 8914
6 .... 4 87 4 9014 4 88 4 i*0
6 .... 4 8714 4 9014 4 88 4 00
7
4 87 4 90
S.
8 .... 4 87 4 90 4 88 4 90
9 ... 4 87 4 90 4 88 4 90
IS ...
4 88 4 90
8.
11.. . 4 87 4 90 4 88 4 00
12 ... 4 87 4 90 4 88 4 00
1 3 .... 4 8714 4 90
4 88 4 90
1 4 .... 4 8714 4 90
s.
1 5 .... 4 8714 4 90 4 88 4 90
16 ... 4 8714 4 90 4 88 4 00
1 7 ....
4 88 4 90
8.
1 8 .... 4 8714 4 90 4 8814 4 90
1 9 .... 4 8714 4 90
4 8814 4 90
20 .. 4 8714 4 90
4 8814 4 90
2 1 .... 4 8714 4 90
S.
2 2 .... 4 as 4 00
H oliday.
23 ... 4 88 4 90
4 8814 4 90
2 4 ....
S.
4 8814 4 90
2 5 ... 4 8714 4 8914 4 8814 4 90
26 ... 4 8714 4 8914 4 8814 4 90
2 7 .... 4 88 4 90 4 8814 4 90
28 ... 4 88 4 00
S.
2 9 .... 4 88 4 90
3 0 .... 4 88 4 90
3 1 ....
S.
Range—
H igh 4 88 4 9014 4 8814 4 90
LOW. 4 86 4 80H 4 8714 4 89>4
COURSE
1886.
[C om p iled from th e q u o ta tio n s o f le a d in g bankers.]
M arch.
60 d. Sight. 60 d., Sight.
4 8SU4 90 4 87 4 89
4 8814 4 90 4 87 4 89
4 8814 4 10
4 87 489
4 8814 4 90
s.
4 88 4 90 8614-7 8814-9
4 88 4 90 4 87 4 8s
4 87 489
S.
4 88 4 90 4 87 489
4 as 4 00 4 87 4 89
4 88 4 90 4 87 489
4 88 8914-90
8.
4 88 8914 90 4 87 4 89
4 88 8914-90 4 8714 4 8914
s.
4 871i 4 8914
4 88 8914-90 4 87-« 4 8914
4 8s 8914 90 4 8714 4 8914
4 88 4 90 4 8714 4 891*
488 4 90
9*
4 88 4 90 4 8714 4 89>4
4 88 4 90
4 8714 4 8914
4 8714 4 8914
s.
8714-8 014-90 4 8 7 « 4 8914
4 8714 4 3914 4 87w 4 8914
4 8714 4 8914 4 8714 4 8914
4 87 4 89
S.
4 87 4 89 4 8714 4 8914
4 87 4 89 4 8714 4 89 >6
s.
4 8714 4 8914
4 87 4 89 4 8714 4 8914
4 8714 4 8914 4 8714 4 8914
4 87 4 89
4 8314 4 90
4 87 4 89
OF
M ay.
60 d. Sight.
4 8714 4 8914
S.
4 8714 4 8914
4 8714 4 8914
4 8714 4 8914
4 8714 4 9o
4 8714 4 90
4 8714 4 90
July.
A ugust.
Septem b’r.
60 n. Sight. 60 d. Sight. 60 d. Sight.
4 8SJ6 4 00
4 82 4 85
S.
4 8-424 90 4 8514 4 87
4 82 4 85
4 8 8 « 4 00 4 8 > « 4 87
4 83 4 85
s.
4 82 4 85
4 8514 4 87
H oliday. 4 85 4 8614
S.
s.
4 88 4 8914 84*4 5 86-614- 4 83 4 85
4 8714 4 8914 4 8716 4 89 8414-5 86-614 4 82 4 85
4 871» 4 8914 4 S 3« 4 89
4 82 4 85
S.
4 83 4 HO 4 87^ 4 80 8414 5 86-614 4 8214 4 8514
4 8714 4 90 4 88 4 HO 4 871<; 4 89 8414 5 86-614 4 8214 4 8514
4 S 714 4 90 4 83 4 90
S.
4 84 4 8514 4 8214 4 8514
4 8714 4 90 4 S3 4 90 4 8714 4 80 4 83 4 8114
8.
4 8714 4 90
4 8714 4 80
4 83 4 85 -4 8214 4 8514
s.
4 87 4 8914 4 88 4 00 4 87lg 4 80 4 83 4 85
4 8214 4 8514
4 87 4 8914 4 88 4 90 4 8 7 « 4 89
S.
4 82 4 85
4 88 4 HO 4 87 4 8"!4 S2V4-8 8414-5 4 82 4 85
S.
4 87 4 8914 4 88 4 HO 4 87 4 88l| 4 8214 4 8414 4 82 4 85
4 8 '4 90 4 8a 4 90
s.
4 8*14 4 8414 4 82 485
4 8714 4 90 4 88 4 00 4 87 4 ss« 4 83 4 84
s
4 8714 4 90
4 8616 4 88 4 83 4 84
4 82 4 85
4 8714 4 90 4 88 4 00
4 861á 4 88 4 82 4 84
4 8214 4 8514
4 8714 4 90 4 8314 4 90 4 8614 4 88
4 8314 4 8514
S.
S.
4 8814 4 90
4 8 0 « 4 88 4 8214 4 .3414 4 83 4 86
4 8714 4 90
4 8814 4 00
4 86144 83 82-214 8414-5 4 83 4 86
4 88 4 90
4 88.VÌ» 4 00
s.
82-2*4 8414-5 4 83 4 80
4 88 4 90
4 8814 4 90
4 86 4 871» 8114-2 8414-5
S.
8714-8 914-90
4 86 4 8714 4 8114 4 8414 8214-Íi 85«-0
S.
4 88 4 90
4 8814 4 90
4 86 4 8714 4 81& 4 SiH 8;214-:J 8514-6
4 88 4 90
4 8814 4 00 4 86 4 8 7 «
4 83 4 86
S.
4 8814 4 00 4 t*5«4 87 4 82 4 85 4 83 4 86
H oliday,
4 8 5 « 4 87 3114-3 8414-5
4 8714 4 8914 4 89
4 8614 4 8 8 « 4 87
PRICES
OF
June.
60 d. Sight.
4 83 4 90
4 8^ 4 00
4 88 4 00
4 8714 4 8014
4 8714 4 8914
4 90 4 8814 4 00
4 asi4 4 90
4 8914 4 8714 4 8914 4 8514 4 87
STATE
SECURITIES
4 8514 4 87
4 8114 4 84
4 83
4 82
DURING
4 86
4 85
O otober.
60 d . Sight.
4 83 4 86
4 83 4 86
S.
4 823 4 85*4
4 8214 4 8514
4 83 4 85
4 83 4 85
4 82 4 85
4 82 4 85
s.
8114-2 8414-5
4 8116 4 8414
81-114 84-41»
81-114 84-414
4 8114 4 8414
4 8114 4 8414
8.
4 8114 4 8414
8116-:3 8414-5
8114-'2 8414-5
4 8114 4 85
81-11Z 84VÉ-5
81-114 8416-5
S.
81-116 8414-5
4 8114 4 85
4 8114 4 85
4 8114 4 83
4 S ii4 4 85
4 8114 4 8 5
s.
4 83
4 81
THE
4 86
4 84
N ovem ber,
60 d. Sight .
81-114 8414-5
H oliday.
4 8114 4 85
4 8116 4 85
4 8116 4 .85
4 8114 4 85
60 d. Sight.
81-114 8414-5
81-114 8414-5
a n i l 84145
4 8116 4 fS
8.
4 8114 4 85
Ö.
4 8114 4 85
4 8 2 4 8514 81-114 8416-5
4 82 4 85h. 8016-1 84-414
4 S3 4 8514 4 81 4 8416
4 8114 4 85 81 114 84)4-5
4 8114 4 85
8114-2 85-514 4 81 4 3414
8014-1 84-414
8114-2 85-514i 8016-1 84-414
8114-2 85-514; 80-014 84-4)4
8114-2 (-5-5141 4 SO 4 84
8114-3 85-5*61 80-014 4 8414
8114-2 85-514
s.
4 83 4 8514 8014-1
s.
8014-1 84)4-5
4 83 4 8514 80-1 84-5
4 82 4 8516i 80-1 84 5
4 80 4 84
4 8114 4 85
H oliday.
4 8114 4 85
81.
8116-2 85-514 80-014 84-416
8.
4 8014 4 84)4
8114-2 85 514 4 81 4 85
811s-2 85 5)4i 4 81 4 85
4 81 4 85
4 81
4 83
YEAR
4 8414 4 8114 4 85
4 8514 4 80 4 84
1836.
[C om p iled fro m p rices bid at th e N ew Y o r k S to ck E x ch a n g e o n ea oh F rid a y .]
jantü a r y ¡ F e b r ’ r y
March.
A p r il . [ Ma y .
J une.
July.
A u g u st . Se p t ’ b e r Octo b e r . NOV’BER. Dbc ’ b e r .
Low . High !Low -H igh ILow . H igh Low . H igh ILow . High Low . H igh Low .H igh Low . H igh L ow .IIigh Low .H igh Low . High L ow .H igh
Alabam a—Cl. A , 3 to 5,1906 97 - 09)d 99)4-102 100)6-100)4 1100)6-101 100 -102)4 !102*14-105 103 -105)6 104 105)6 104 -.105 102)6-10534 104)6-10516 105 -108
98 -100 100 -100 ¡100 -100 100 -100 102 -103 too -103 103 -105 too -103 100 -100 102 -103 103 -101
Class A , sm all...................
07 - 90
Class B, 5s, 1006................ 105 -105 105 -107 105 -10« 106 -107 100 -107 107 -108 105 -108 107 -1 07 « 107 -107 107 -109 108 -108 100 -110
Class C, 4s, 1906................ 05 - 96 . 07 -9714 98 - 9814! 99 - 99« 99 -100
09)4-101 too -10334 102 -1 03 « 102)6-108 101 -102 102 -102 102 -108
6s, 10-20,1900..................... 105 -105 105 -107 106 -107)4 105 -106 106 -106 107)6-107)6 10516-10036 100 -107 105 -100 104 -100 104 -105 104 -106
Arkansas—6s, fd ., 1899-1900 7 - 7
7 - 91« 7 - 0 «
5 - 8)6 5 - 8 ) 6
7)6- 9
10 - 10
9 - 1 0 « 9 - 10
8)6- 9)6 V* - 10
10 - u «
7s, L. R. & Ft. 3. issue. . 15 - 20
16 - 22
20 - 20
20 - 24
17 - 23
17 - 20
17 - 1836 ! 15 - 10
12 - 15
1 2 «- 15
20 - 28
_
7s, M em phis & L ittle Hook 15 - 15
16 - 17
20 - 20
20 - 20
17 - 17
17 - 20
17 - 1836 15 - 10
15 - 15
18 - 15
20 - 27
7s, L . R . P . B. & N. O....... 15 - 18
. - ,,
15 - 20
17 - 20
17 - 20
17 - 10
17 - 20
17 - 18
15 - 15
13 - 15
1 2 «- 15
20 7s. M iss. O. & R . R ...........
15 - 18
15 - 2016 17 - 18
19 - 21
10 - 20
17 - 20 - t . . - - 17 - 17
15 - 10
13 - 15
12 - 1 2 « 20 - 20
_
7s, A rk. Central R R ...........
6 -7
6 - 6
7 - 8
« - 6
7 - 8
5 - 7
« - 0
0 - 0
5 - 6
5 - 6
7 - s
G eorgia—6s, 1886 .................
100 -10014 too -101 10014-10014 L00*6-100*6
102 -102)6
7s, hew bonds, 1886............. 10014-101 101 -101)4 1101)4-10214 102 -102*6 102 -102V4
7s, endorsed, 1886.............. 100)4-101 101 -101)4 101 -10216 102 -102)4! 102 -102U
7s. gold bonds, 1890 ...
110 -113 110 -114 110 -112 110 -111 111 - i n 6 112)4-112)4 1UX-11U6 Í1D6-112 110 -112 109 -1 1 0 « 100 -n o 10816-110
Louisiana—17s, con sol., 1914. 84 - 87
84V,
84 - 88
85 - 80
86 - 00
85 - 86
87 - 88
00 - 9136 01 - 03
93 - 94
9 2 « - 93
02 - 93
Stam ped, 4s......................... 7216- 7316 67 - 7216 721,1- 73
73 - 73)4 7316- 7714 7 7 - 7 9
77 - 77)6 7 0 « - 79)4
7 8 « - 79
79« - 8 2 « 7816- 8 2 «
7s, small bonds ............
67 - 70
68 - 69
«8 - 70
70 - 70
70 - 70
72 - 73
73 - 75
74 - 70
”* TI
72 - 75
75 - 78
75 - 78
. ,11 100 -110 n o -110 110 - n o 110 -110 108 -110 108 -110
M ichigan—7s, 1890.............. 112 -112 112 -112 112 -112 113 -112 112 -112
M issouri—6s, due 1886... . 100 -100 100 -10016 100 -101 101)4 10116 10116-10114 ...» - .. 100)4-100)6 100)4-100)6 100)6-10016 100«-100)6 101 -102
102 -103 103 -10314 103 -104 103)6-104 104 -104)6 - r — - t 102 -104 102 -102 102 -102 102 -103 102 -104 ÌÒ3 -108
6s, 1888................... ............. 105' -105 105 -105 105 -10516 105)4-106 105 -106)6 Tt « », 104 -104)4 103)6-104« 10816-104 104 -104 104 -105 104 -104
6s, 1889-1890...................... 107 -108 107 -108 107 -110 110 -110 1US -110
. r - t , 107 -108 107 -107)6 107 -107 107 -109 108 -1 0 8 « 108 -108
Asylum or Univ., 1892...... 110 -112 112 -112 112 -113 112 -113 113 -113
" t i 112 -113 112 -112 112 -118 113 -112 113 -112 112 -118
Funding bonds, 1894-95... 115 -115 115 -115 115 -11« 117 -118 118 -118
- T, 115 -119 115 -110 115 -115 115 -115 115 -115 115 -110
_
H annibal A St. .lo., 1886... 102 -103 103 -103 103 -10314 104 -104 104 -104
100 -101 101 -101 101 -101 101 -102 102 -102
H annibal & St. J o., 1887 .. 102 -103 103 -103 103 -10316 104 -104 104 -104
101 -101 101 -101 101 -101 101 -102 103 -103 108 -104
- •t. 103 -103 103 -103 103 -103 108 -103 108 -1 0 2 « 102)6-102«
New Fork—Os, gold. reg.. ’87 103 -103 103 -103 103 -103 103 -104 104 -104
6s, gold counon, 1887...... . 103 -103 103 -103 103 -108 103 -104 104 -104 T, , , - T1 103 -103 103 -108 103 -108 102 -103 10 i -1 0 2 « 10216-102«
6s, loan, 1801..................... 113 -113 113 -118 113 -113 113 -118)4 113)6-11316 - - T« “ , t 112 -112 112 -115 110 -112 112 -112 113 -112** 112 -112
6s, loan, 1892 ................ 118 -118 118 -118 118 -118 112 -1 15 « 115)4-115)4
m -115 115 -120 112 -115 115 -115 115 -115 115 -115
6s, loan, 1893 .................... 121 -121 121 -121 121 -121 115 -118*4 11814-118)0 , , - , , 118 -118 120 -122 115 -120 118 -120 118 -118 118 -118
N o. Carolina—Os. old , ’88-’9g 80 - 81
80 - 20
82 - 3616 35 - 35)6 35 - 35
33 - 35
85 - 85
35 - 35
85 - 35
85 - 85
35 - 35
6s, old , A.& 0
........
30 - 30
3 0 -8 1
32 - 3*16 35 - 35)6 35 - 35
83 - 35
85 - 35
85 - 35
35 - 85
85 - 35
85 - 35
N . Car. R R ., 1883-4-5......... 165 -165 165 -165 165 -175 170 -170 170 -170
170 -170 170 -170 170 -175 170 -170 170 -170 170 -170
-,
N. Car. R R ., 7, coupons ofl 185 -135 135 -135 135 -145 140 -140 140 -140
185 -140 135 -135 185 -185 185 -140 140 -140 140 -140
N. Car. R R „ A. & O
165 -165 165 -165 165 -175 170 -170 170 -170
170 -170 170 -170 170
170 -170 170 -170 170 -170
_
N. Car. R R ., 7, coupons off 135 -135 135 -135 135 -145 140 -140 140 -140
135 -140 135 -135 185 -135 135 -140 140 -140 140 -140
_
■
Funding act. 1860-1900 .. 10 - 10
10 - 10
11 - 1316 12 - 12
12 - 12
11 - 11
It - a
a - a
12 - 12
12 - 14
12 - 12
Funding act, 1868-1898
10 - 10
10 - 10
11 - 1316 12 - 12
12 - 12
a - 11
a - a
11 - a
12 - 12
12 - 12
12 - 12
_
New bonds, J. & J „ 1802-98 20 - 20
20 - 20
22 - 23
22 - 22
23 - 22
21 - 22)6 22 - 22
22 - 22
22 - 22
22 - 22
22 - 22
New bonds, A . & O............. 2 0 - 2 0
20 - 20
22 - 23
22 - 22
22 - 22
22 - 22
21
22)6 22 - 22
22 - 22
- 22
, “ 1
22 - 22
Chatham R R ....................
7 -7
8 - 8
0 - 9
0 - 10
0 - 8
8 - 10
5 - 8
5 - 13
10 - 10
8 - a
7)6- 8
Special tax, class 1, 1898-9 8 - 8)6 8 - 10
9 - 0% 0)4- 13
10 - 10)4 10 - 10
10 - 1 0 « 10 - 10% 1 0 « 1 4 « 1 0 « - 1 4 «
10 - 1 0 « 10 - 10
Special ta x , class 2 ........
1(U¿
10 - 10
C onsol., 4s, 1910 .............. § 8 « - 80k 90 - 92
9314- 95
94)6- 95
94)6- 95
99 -100
99 - 9 9 « 0 7 « - 9 9 « 9 7 « - 9 9 « 9 9 « -!0 0 «
95)4- »0)6 00 - 90
_ 97
88 - 81*
90 - Mi* 92 - 99
- 97
6s, 1919............................... 115 -116 116)6-118)6 119)4-121 116)6-11814 118)4-118)4 118)4-120 121)6-125 120 -128 120 -129 121 -125 131 -1 21 « 122 -122
.
T
10? -103 103 -103 103 -103 103 -103 103 -103
101 -102 101)6-101)6 10136-10116 10116-102 108 -102 102 -102
R hode Island—8s. cp .. ’03-94 120 -120 120 -120 120 -120 120 -120 120 -120
118 -124 120 -120 120 -120 120 -120 120 -120 120 -120
South U arolin— 6s,act Mar..
23,1869,n on -fu n d ., 1888... 5« - « «
5)4- 7)4 6 - 0)4 5 - 5)4 5)6- 5)6 516- 0 «
5 «- 6«
5«
0 - 7«
5)6- 6 ) 4
5)6- 0)6 536- 0 «
7«
106 -108 108 -108)4 108 -109*4 100 -109*4 100)4-109)4
10714-107)6 10« -108 104 -108 109 -109 110 -110« 109 - n o
Tennessee—6s, old, 1890-2-8 53 - 55’)6 5516- 60
56)4- 59
57 - 58
56 - 58
58 - 00)4 0 0 « - 04
02 - 03
0 2 « 04
05 - 6 5 «
«2V6- 05
0 2 « - 04
6s, new bds., 1892-’08-1900. 53 - 55% 5514- 60
57 - 58
5« - 58
02W5 0 « - 50
05
04
03
0
3
«
04
58 - 60)4 0016- 04
0
2
«
64b
0216
r es«
6s, new series. 1914__
53 - 55% 55)1 - 60
57 - 58
56)1- 59
50 - 58
58 - 6016 «0*6 04
0 2 « - 03
03** 04
04*/ - 8 5 «
« 2 « - 04
0 2 « 05
Com prom ise 3-4-5-Os, 1912 62 - 64)6 6514- 67)4 65 - 60
72
75
72 - 74
72 - 73
0616- 67)4 «5 - 67)4 671»- 7014 7034- 74
7 2 « 74
74
New Settlem ent, «». 1913.
10812-108U 103 -106
105
_
New Settlem ent, 5s. 1913.
-102
100' -lOlW 100 -102 100 -1ÖÜT" 100 -102 109
_
New Settlem ent, 3s. 1913.
78 - 78W 76 - ï7
7U£ 74Í¿ 73
79^
80
V irginia—6s, o ld ................... 42 - 43
43 - 44
43 - 45
44 - 44
44 - 44
47
45
47
47
47
40 - 47'’ 47
47
47
47 - 47'’
6s, new bonds, 1866 ........ 42 - 43
43 - 44
43 - 45
44 . 44
40 - 47
44 - 44
45
47
47
47
47
•
47
47
47
47 - 47
_
6s, new bonds, 1867........... 42 - 43
43 - 44
43 - 45
44 - 44
44 - 44
40 - 47
47
45
47
47
47
47
49
47 - 47
47
6s, con sol, bon d s................ 8 0 - 8 0
80 - 95 100 -100 100 -100
95 -100 .
00
00 -100
93 -100
90 - 00
00
90
00 - 05
95
6s, ex-m atured cou p on s.. 50 - 52
52 - 60
5« - 00
54 - 55
52 - 53
50
53
53
55
58
53 - 56
52)6 54
5 4 « 51 - 5Ì
6s, con sol., 2d series.......... 6 0 - 6 0
r
60
62
60 - 65
65 - 65
«5 - 65
00 - 60 05 05 05 - 05 05 05 05 60 65 - 63
6s, deferred bonds............ 11 - 1216 1114 1314 0 - m
DU- 0)4 9 - 9)6 0 - 9
10
12« a
1 2 « 1 0 « 1 1 « 1 1 « 1 2« 12«- 1 8 « 12 - 1 8 «
Trust receipts..................... 11 - 1*16 1114 13
9 - 10
- ..
10
9k - 9)4 9b - 9)6
1 3 « 12 - 1 3 «
1 1 « a « - 1 3« 13
1 2 « io « - 12)4 a
Dis. o f Colum hta—3'65s,1924 116 -116)4 11« -118 iw -119 L18M-119 L18)i-119)4 119)4-11914 110)6- 119)6 119 119)6 L18«-119
L20 -120 L19 110« 119«-120
Funding 5s, 1893................j 110 -110 110 -110 110 -112 110 -110 110 -110 . . . . - . . .. 11216- 112)6 11216-11216
110 -110
SECU RITIES.
COURSE OF PRICES OF R A ILR O A D BONDS FOR THE Y E A R 1886.
[C om p iled fro m a ll sales at th e N ew Y o r k S to ck E x ch a n g e .]
BO N D S.
J a n u a r y F e b r ’ r y . MARCH.
A p r il .
Ma y .
June.
Ju ly .
A u g u st . Se p t ’ b e r . Octo b e r . No v ’ b e r . D ec ’ b è r .
Low .H igh Low . H igh Low . H igh Low . H igh Low .H igh L ow .H igh Low . H igh Low . High Low . H igh Low . H igh Low. H igh Low .H igh
A tla n tic & P aC .—1 s t .. .6 8 4 « - 90
W e s t. D iv .—In c o m e ..6 2 3 « - 2 0 «
B a lt. & O .—1 s t, P .B r ..6 ... - ....
H o ld , 1 9 2 5 . c o u p ...... 5 108«-112
109«-109«
8 3 « - 88
2 1 «- 2 5«
.. . . - .. ..
109«-110«
:o 9 « -n o
B u r. C . K . & N o .—1 s t ..5 108M-109
C on s. 1 s t & c o l . t r . . .5 101 -103
I o w a C ity & W .—1 s t . 7
C ed . R . I . F . & N . - 1 s t O
1 s t , 1 9 3 2 1 ................... S 100 -100
B .N .Y .& P . - l s t ,19321.6 4 7 « - 4 9 «
109 - a o « | io 9 « -a i
103 -108 n o -n o
_
8 2 « - 8 7 « 87 - 69
2 0 « - 24
2 1 «- 24«
120 -122
110 -112 n o - n o «
110 -1 1 1 «
8 3 « - 88
2 0 « - 24
122 «-1 2 2«
109«-112
n i« -n i«
87 - 8 8 «
2 2 « - 24
. . . . - .. . .
112 -114
8 4 «- 85«
2 1 «- 2 2 «
12S«-120
113«-114
112)6-113«
83 - 8 5 «
22 - 2 3 «
12716-127«
111 -112
8 4 « - 86
8 5 «- 8 8«
23 - 28
2 5 «- 31«
128 -1 2 8 « 125 -125
111 -1 1 1 « 1 1 0 «-111«
110 -n o
8 0 « - 90
85 - 9 0 «
2 7 « - 31
24 - 3 0 «
125 -125 126 -1 2 0 «
1 10«-111« 109«-111
03 - 9 3 «
io 9 « -n o « 110 -111 107 -109 108«-109« 108 -109 107«-108« 108 -109 108«-109
105 -1 06 « 105«-105« 100 -1 0 7 « 102)6-103« 98 -1 0 1 « . . . . - . . . . ' 9 9 « - 99 % U 9«-104«
1 1 8 « -n 3 « 114 -1 14 «
1C016-111 . . . . •_
n o « -in
...;.
1O6«-1O0«
102 -102 103 -103
47 - 4 7 « 42 - 4 4 « 37 - 4 1 « 88 - 4 4 « 43 - 4 5 « 4 3 « - 44
_
9 2 «- 9 3 «
100 -1 0 6 «
102 -1 0 3 «
44 * - 51—
T H E C H R O N IC LE .
44
COURSE OF PRICES OF RAILROAD BONDS - C
Ja n u a r y
BON DS.
M AY.
Ju n e.
Ju l y .
[VOL. XL1V.
o n t in u e d
.
Dec ’ b e r ,
L ow .H igh Low .H lgh Low . H igh Low . H igh Low . H igh Low . H igh
Low . H igh Low . H igh Low . H igh Low . H igh Low . H igh Low. H igh J
*109 - 110)4 10696-110 ■108*6-09)6 106 -106 *104 -106*4 *90 -104 *84 - 90*6
.
.
.
.
.
.
.
.
110-110
110*6111
*
1
0
6
-1
1
0
9
6
'105j>6
10%
C e n t r a l I o w a —1 s t ........ 7
70-70
70-70
70-70
75-75
70-70
. . . . “ .. . 6 8 - 7 0
66-68
6 7 - 7 1 j 67*6- «0
E a s t e r n D i v .—1 s t .. .. 6 66*6- 68
69-60
66-66
. . . . - . . .. 6 8 - 7 0
68*6- «8*6
I l l s . D l r . - l s t , 1 0 1 2 .6
C e n t, o l N. J . —
108*6 108 -108*6
112*6- 112*6 112*4-112*6 107 -112*6 107
1
1296-11896 110*6-114*6 110*6-111 111 -I I I 94 111)6-112
. . . 7 112 -113 111 -118
1 s t ,1 8 0 0 ............
115 -117 106*4-116*41107 -109 106 -108%
C o n s o l., a s s e n t e d .......7 106 -10796 107*6-11296 112 -115 112*6-114 111*6-11594 114*6-118 1
18 -120 114*6-116 115 -119 107*6-118*6 107*6-109 106 -108
C o n v ., a s s e n t e d ..........7 107*6-110 108*6-114*t 112 -110 114*6-115*6 112*6-115*6 115*4-119*6
106 -107*6 105*6-107*4 105 -107*6 105 -106
A d ju s t m e n t ........... . . . . . 7 107 -108 107*6-110*6 110 -112 108*6-111*6 110 -111 105 -108
87-92
81 - 92*6 79 - 8394 78 - 83%
87*6- 90
85*6- 8
66*6- 80 •78 - 83*6 78*6- 84 179*6- 86*6 82*6- 88
C o n v . d e b e n t u r e ........ 0 63 - 66
113 -118*6 111 -111*6 106 -111 110 -112 108 -110
L e h .d c W . B . —A s s e n t 7 108 -105*6 105 -114 110 -113*6 111 -112 110 -113*6 llltt-1 1 3
95-05
90-00
I n c o m e ......................... 7
99*6-102
95*4-100*6 99 - 99*6 9 7 - 9 9
00*6- 06** 05 - 07*6 03*6- 97*t 96*4- 99*6 98 - 99% 09 -10296 9094-103
A m . D o c k Sc I m p ........ S 80 - 02
111*4-111*4
114 -114 .. ..
115 -115*6 116 -116*6
C ites. & O .—P u r.lH .fd - .0 115*6-115*6 115 -117
107*6-108
110 -110 108 -108*6 — '
S e r ie s A . . . . ..................0 103*6-105*6 107*6-114 110 -118 108 - 100*6 106*6-108% 106*6-110
■7694- 81 *75*6- 78*6 *75*6- 78*6 *76 - 78*6 *75*6- 7794
S e r ie s B .......................... 6 *996- 88 *81*6- 84 »76 - 84*6 *68 - 70*6 *60 - 72 *09 - 74*6 72 - 77*6
30 - 32*6 32 - 3494 2894- «S
28*6- 32
30-84
C u r r e n c y ................... . . . 6 34 - 88*6 86*6- 41*6 85 - 89*6 29 - 3696 25 - 8C 28*6- 32*6 8 0 - 8 2
99 - 100*4 100 -100*6 96*6- 98*4 97*6- 99*4 9 7 - 9 9
08*6- 09
08-99
00 -100
94*6- 93
M o r t ., 1 0 1 1 .................. 0 90 -100 100 -108 102 -108
99 -100*6 100 -102 103 -104
97
9994
9
6
9
9
94 - 95*6 05*6- 97*6 99*6-101
C h e s . O . Sc S . W ........ 5 -6 88*6- 03*6 91 - 05*6 95*6- 08*6 06 - 07
117 -118 117*6-117*6 118 -118*6 118 -118%
C h ic . Sc A lt o n —1 s t ....... 7 117*6-118 120 -120 119 -121 120 -120 . . . . - ___ 121*4- 121*4 17 -117
123 -123 125 -125 125 -125 I 124 -124
124 -124 121 -122 123 -123
S in k in g f u n d ................ 0 122 - 122*6 122 - 122*6
120 -120 122%-122%
124 -124 120*4- 120*4
L .& M o .I t .ls t ,. 1 0 0 0 7
116 -116
116*6-116*6
2 d , 1 0 0 0 ..................... 7
C h ic . Sc A lt o n —
116*6-117 117 -117
119 -119*6 119*6-119*6 12194-122 122 -122
S t. 1 , . J . A C h ic .—1 st..7
106' -106
107 -107
M i s s . R i v . B d . 1 s t , s . f . 6 105 -105
102* 6- 102*6 103 -104*6 104*6-10494
C h ic . B n r .d s N o r .—1 s t . 5
13494-135
134*4-135
132*6-133
13296-132%
C b lc.B .tfe Q .—C o n s o l... 7 184 -188 13696-187*6 184 -13696 135 -185*6 135*6-136 137*6-188 134 -185 133 -184*6
105*4-107*6 105 -107)4
10696-108
D e b e n t u r e ..................... 5 107 -108*6, 10796-108*4 108*6-110 109 - 110*4 106*6-10894 108 -109 108*6-109*6 105 -108*6 105 -10796
11396-H35Í
I o w a D i v ., s in k . f d .. 5 112* 6- 112*6
99*4- 9994 99)4- 9994
100*6-101 10094-101*6 101*6- 102*4 102*6-102*4 10194-10194 99*6-100
00*6-10096 10096-103 102*6-10294
I o w a D l v .............4
97*6- 99*61 97*6- 0994 99 - 99*6 98*4- 98*4
99*6-100% 100 -10094 101*4-101*4 9 9 - 9 9
D e n v e r D l v .. 1 0 2 2 .- . 4 100*6- 100*6 [ 08 - 100*6 00 - 100*6
92*692*6
101*6- 101*6
P l a i n , 1 0 2 1 ..................4
116*6-116*6
122 -122 . . . . - . . . . 116 -116
C h ic . Sc E . 111.—1 s t, s .1 .0
-116*6 117 -118 120 -122
-115
115*6-110
112 -114 113 -11394 112 -118 110*6-112 112 -115*6 110*6-11594 114 -115
- 112*6 112*6-115
1 st c o n s o l ., g o l d ..........6
- 100*6
9494- 99*6
07*6- 07*6 95 - 96*4 92 - 9494
C h i c . & I n . C ’ l K y - 1 s t .5
C h ic . M i l w . Sc S t. P .—
132*6-134
133
-133*6
134 -134
1 s t P . D ., 1 8 0 8 .......... 8 185 -13596 184 -184 132 -185*6 186 -136 185*4-186*6
126*6-126*6 125 -125 125*6-126 126 -126
2 d , 1 8 0 8 ..............7 3 - 1 0 128*6-120 125 -125 126 -126 125 -127 126*6-127*6 128 -128
133*6-134
134*6-134*6 134 -134 13396-134
134
-13494
132
-132
.
.
.
.
.
.
..
181*6-131*6
133
-134
1 s t , g o l d ..........................7 130 -180*6 181*6-132*6
122*6-124*6 124 -125 12094-122 121 * 6- 121*6 121 -123 121 -122 12096-121 120 -121
1 s t E a C r o s s e D l v . ...7 122*6-123*6 123 -124 122 -124*4
124
-124
123
-124*4
128*6-124
126*4-126*4 128*6-124 122*6-123*6 123 -123
1 s t I . Sc M . D l v ........... 7
123*6-127*6 125 -127
124*6-124*6
130 -180 131*6-132
1 s t I . «fcD . D l v ......... 7
132 -132 . . . . - ....1 3 1 -1 3 1
134 -134
132 -182*6
1 s t C . & M . D i v ..........7 180 -131 181 -181 182 -138
13294-134 134 -186 131 -133 131*6-182*6 130 -131 180 -183 182 -132 130 -182*6
C o n s o l., 1 0 0 5 ............. 7 12896-130 131 -132 181*6-133
131 -131 129 -ISO 130 -133 132*6-183*4
133 -138 184*6-134*6 131*6-132
1 s t I . Sc D . E x t e n ....... 7 125*6-129 12996-181 131*6-133
119*6-120 121 -121 11096-11096 120 -121 120*6- 120*6 119 -119 118*6-118*6 119*6-119*6
1 s t S o . W e s t D l v ........ 6 115*6-11596 116*6-117 118*6-121
108 -109*6 109 -109 108 -10994 . . . . - . . . .
106 -106*6 107 -107 108*6-108*6 109*6-109*6
1 s t L a C . Sc D a v ......... 5 105 -107
1 s t S o . M in n . D l v ...... 6 114*6-117 117 -118 116*6-119 117 -118 11794-119*6 119 -121 11996-120*6'118 -120 116 -118 115*6-117*4 116 -117*6 118 -118*6
128 -129 127*6-128 127*6-129 129*6-131 127 -127 128 -128 126 -126 12596-127 126 -127% 12894-12894
1 s t H . Sc D . D l v ..........7 124 -125
. . . . - . . . . 119 -119
120 -121 121 -121 122 -122
121*6-128)4
C h ic . Sc P a c . D l v ........ 0 120 -121 121 -124*6 121*6- 122*6
107*6-108*6!108 -109*4
C h ic . Sc P a c . W .D i v . .5 103 -108*6 10396-106*6 10496-10796 105*6-107 105*6-110 10996-111 107*6-10896 107 -10894 106*6-108 107*6-107%
106%-108
. . . . - .. ..
106*6-108
105
-107
106 *6-10694 .... - ...
106*6-108*6
M i n e r a l P o i n t .............5 102 -103*6 104 -105 106 -107
107*4-107)6 107*6-107%
W ls.tSc M in . D i v ......... 5 102 -103*6 103*6-105*6 104*6-106*6 106 -106*6 10594-109 10894-109*6! 106*4-107% 10794-108 10694-10796 106*6-107*4
104*6-105*4 104*4-107 104*6-105*6
T e r m i n a l ...................... 5 101*6- 102*6 102*6-105*6 10396-106*6 10496-106*6 104 -107*4 107 -108*4,105 -105*6 104*6-10594|10S -105*6
118*6-118*6
110 -110
F a r g o Sc S o .—A s s n . . . 6 114*6-115
C h ic . Sc N o r lit w e s t .—
C o n s o l.. 1 0 1 5 ..............7 140 -142 141 -142*6 14296-143 142 -148 141*6-142 142*6-143*6 . . . . - .. 142*4-142*6 141 -142 141 -142 13894-140*4 139*6-141
138*6-135 130*4-131*4
G o ld , c o u p ...................... 7 180 -13396 133 -185 135*6-136 135 -136*6 186 -140 134 -185*6 134 -185 134 -136 133 -135 133 -134
133*6-133*6 133 -133 133 -134 134 -134 180*6-131
136 -13596 137 -137 134*6-135
G o ld , r e g .........................7 133 -133 133 -13396
115
-116 117 -117
118 -121 118 -120 119 -120 119 -120 120 -120 120 -120 115 -115*6
S in k in g fu n d , c o u p ... .0 11736-117*6 118 -120
116 -116
120 -120
118 -118
R e g i s t e r e d ................. 6 117 -117
S in k in g la n d , c o n p .. .5 110 -112 11096-112 111*6-112 108 -108*6 108*4-110 109*6-111 111 -112 108 -112 108 -10994 108 -109 108 -108*61108*6"HO
107 -107
107*6-108
R e g i s t e r e d ................. 5
111 * 6- 111*6
107*6-108 107 -108*6
D e b e n t u r e ..................... 5 105 -107 106*6-108 108 -10996 108*6-100 105*4-10794 108 -109*6 10994-110*6 108*6-110*6 106*6-110 10894-110)6
108 -108
106 -106 107*6-107*6-109 -110*6 105 -105 108*6-108*6
107 -107
R e g i s t e r e d .................5
1C6*6-10794 107*6-108
107*6-108
107*6-108*6
107*6-108
108*6-109
2 5 y r s , d e b e n ., 1 0 0 0 .5 104*6-106*6 10696-107*6 107*6-108*6 107*6-109 106 -106*6 10694-10894
101*4-10194 10194- 101%
E x t e n . b o n d s, 1 0 2 6 . .4
E s c a n .d c L .S u p .—l s t - 0 115 -115*6
136*6-136*6
134 -135 13596-187
I o w a M id la n d —1 s t .. . 8 134 -134
124 -124
133 -133 127 -127
C k lc .d c M il.—1 s t ........ 7 125 -126*6 126*6-126*6
101 -10194 101%-101% 102%-102%
101
*
6
101*6
W i n o n a & S t .P .—1 s t .7 103 -10394 104 -104 104 -10496 10496-10496 104*6-104*6
129 -129
132
-132
132 -135
2 d .................................... 7 126*6-126*4 130 -130
116*6-117*61.... - .. . .
M i l . Sc M a d .—1 s t ...... 6
100
-100
109 -110
111 -111 107*6-108 109 -109
O ttu m . C . F . & S t. P .5 106 -107*6 100 -109 107*6-108 108 -108*4 110 -110*6 109 -109
_
107 -107
N o r t h e r n I l l s . —1 s t .. 5 10896-10846 108*6-108*6 106 -108)4 10896-109 10894-10894 110* 6- 110*6 110 -110
138
-139%
137*6-140
138
-138
136
-136
133
-135
13294-137
C h l c .R .I .d c P a c .—C p ... 6 128*6-130*6 131*6-13216 132 -133 132*6-138 134 -136
.. - .....
.. - .. .. 135 -137
R e g i s t e r e d ..................... 6 130 -13196 131 -132 18194-132% 132*6-132*6 135 -135 136 -186 134 -134 140 -140
111 -I I I 94 I l l -112
E x t e n . <& C o l ................5 109-110*6 11196-112 112 - 112*6 111* 6-112 11194-113 112*4-112*6 110*6-112*4 110*6- 110% 110 -111 110 -111
110 -110 110 -110 109 -110 109 -109 108 -109*6
K e o k ’ k & D e s M .—1 s t ,5 111 -111 110 -11096 113 -113 108*6-1091*6 108*6-109*6 110 -110
_
101
-101 1O6%-1O0%
102 -102
C h ic . Sc S t . L . —1 s t ........ 6 108 -108
95-96
96*6- 97
9994-100
99 -100
02-05
95*6- 96*6 94*6-100
C b lc .S t . L .& P l t t s —1 st. 5
C h ic . S t .P . M in .tfe Out.—
C o n s o l., 1 0 3 0 ....... . . . 6 118*6-122 120 -122 120*6-122 ¡120*6-123 123 -126 122 -124 123 -124 120 -124*4 123 -126*6 12394-126 134 -125*6 121 -122*6
126 -126 126 -126
C liic.S t.P .«fc M .—1 s t . . 6 125 -126 112896-12894 129*4-130 129*6-130 127*4-127)4 12796-12794 127*6-127*6 128*6-129 129 -129 128 -129*6
S t. P . Sc S . C ity —1 st. .6 125 -12696 127 -120 128 -130 125*6-126 125*6-12694 126 -129 125 -128*6 127*6-128*6 128 -128 125 -127 12594-126*6 .... - ....
182 -132
N o r t h e r n W l s . —1 s t . . 6 126 -128 I ... - .. . .
11296-11294 113 -116 115 -115
. . . . - ... 113*6-118*»
C liic .A ' W . I . —1 s t ,s .l... . 6
113 -113 .. ! - .. . . 109 -109 109 -109
110* 6- 110*6
G e n . m o r t ...................... 6 . . . . - ....'llO -110*6 112 -112 110 -110 111 - 111*6
120 -120
C in . I I . Sc D ., c o n . s . f . .7
104*4-10494
105*6-105*6
C in .W .t fc B . - l s t g u . . 4 «
104*6-10696 106*6-10694 106*6-106*6 103*6-103*6
119 -119
.... 114*6-117
114 -116*6 116 -116*6 . . . . - .. ..
C in .Sc S .—G u.C .C C dsI-7
120 -120
G e a r . L a k e S h o r e ... .7 119 -11996 11796-118
123
-124
126 -126
.. . . - .. ..
125 -125
C l. C . C .Sc I .—1 s t, s . Id .7 123 -126*6 127 -127 128 -128 128 -128
184 -134 . .. - .. . . 133*6-133*6 130*6-180*6
125*6-127
127*6-128 127 -127
C o n s o l . ... ....................... 7 123*6-125*6
124
-124
» ..* .
125*6-125*6
126
-126
. . . . - .. . . 128 -128
C o n s o l . S . F ..................7 124 -124
108*4-109 104*6-106*6 104*6-107% 104*6-107*6 106*6-108 108 -10994 109)6-110*6
G e n e r a l c o n s ................ 6 101*6-105 102 -105 100 -10494 100*6-10294
98 -101*6 97*6-101
95 - 99*6 98 -IOO94I 95 - 98*4 96 - 9794 95*6- 98
04 - 98*6 92 - 95
C o l. C o a l Sc I . —1 s t ,con .(i 02 - 9394 9 1 - 9 5
88-90
87 - 88*6 85 - 88*6 84*4- 85*6 82 - 87*6 86 - 8994 81 - 87%
83-92
86*6- 89*6
C o l.I l.V n l.t fc T .—1 s t ...5 85 - 8694 8 6 - 0 4
9
5
9
5
94*6- 97*4 88*6- 92
G e n . g o ld , 1 0 0 4 .........0
¿13*4-113*4 112*4-11294 110*6-111% 110*4-112*4 112*4-1139f,'ll0 - l 13
114 -11494 115*6 115*6
D e l . & H u d . C —l s t , ’ 0 1 .7 118*6-115 118*6-115
.. .. - . . . . II294-I I 294I113 -113
115*6-115*6
1 s t e x t e n ., ’ 0 1 . . . . . . . . 7
114 -114*6
11994-11994 115*6-11594 115*6-116% 116*6-119
C o u p o n , 1 8 0 4 ...............7 118 -119*6 120 -121 120 -120*6 119 -11994 119 -119*6 120 -120
.. . - .. ..
119 -119 119*6-120*6
R e g ., 1 8 0 4 ....................7 118 -118*6 119 -119
1Coupon off.
BONDS.
JANUAR! F e b r ’b y . Ma r c h .
A p r il .
Ma t .
J unk .
JULT.
Low . Hig] L ow .H igh Low . H igh Low . High
Low . High Low . H igh Low . H igh
SKPT’BKR. Octobe r . No v ’ bkr .
D e c ’b k r .
Low. H igh Low. H igh Low .H igh
D e l. <fc I I . C a n a l—
L ow .H igh
P e n n a , D i v .—Coi
136«—
1SS« 13S «-139« 188 -1 3 7 «
1 8 8 «-189 139 -140 142 -142 144 -1 4 4 «
R e g i s t e r e d ......
140 -1 4 0 «
140«-141
A lb . «fc S u sq .—1st in .7 107 -107« 107«-107«
140«-140« 141 -141
108 -108 108«-108«
109 -109 106«-106«
1 st
.t K u a r ..........y 128«-180 182 -133
133«-135 131 -1 8 1 « t3 1 «-1 8 3 « 134 -134
1 st c o n . g u a r ............. 6 117«-119 119 -122 121«-123
134 -134 184 -134 132 -132
120 -1 2 1 « 120 -1 2 0 « 124 -124
183 -133
124 -124
1 st. c o n . arnar., rear. 6 118 -118
120 -1 2 2 « 118 «-1 1 9« 119«-120« 138 -133
119 -119
119«-120
R e n a . & S a r .—1 s t . . . . 7 143 -143
143 -143 141«-141«
118
«-1 1 9«
114 -144 144 -144
D e l .l i a c k . d c W e s t .—
C o n v e r t i b l e .................. 7 116 «-1 1 6«
116 -116 116«-116« 114 -114
115 -115
M o r t ., 1 9 0 7 . .......... 7 138 -138 138 -139 185«-187
115 -115 116 -116
136 «-1 3 6« 137 -187
S y r .B ’ n dc N .Y ., 1 s t . . 7 133 «-1 3 3« 135 -1 3 7 «
140 -140
138 -188 134 «-1 3 4«
1S6«-187 137«-1S 7«
M o r r i s *fc E s s e x —1 s t . 7 141«-142« 143 -146
145 -1 4 5 « 142 -1 4 2 «
131«-131«
142 -143 143 -1 4 4 « 143«-145
2 d in o r t ..................... 7 114 -117 114 -115
144 -145 141«-142«
114 -1 1 4 « H 4 «-l 1 4 « 14 -115
140«-142
116 -117 113 -1 1 8 « 112«-118
» s , 1 8 7 1 ...................... 7 128«-128« 128«-180
112«-113« 112 «-1 1 8«
128 -1 2 9 « 128«-129 181 -131
112«-113
131 «-1 3 1«
C o n s o l., arnar............. 7 130 -182 131«-134
125 -1 2 6 « 125 -1 2 6 «
134«-135« 136 -137 133 «-1 3 5« 135 -1 3 7 «
127 -128
133 -1 8 7 « 184«-186 136 -138
N .Y . L . d c W . - l s t . . . , 6 125 -131 129 «-1 3 0«
181 -181 130 -1 3 1 « 181«-133
137 -188 133«-1S5
130 -1 8 1 « 131«-131« 128 -1 2 9 « 11 2 8 «-130
C o n s t r u c t i o n ............ 5 106«-109 107 -1 0 8 «
108«-110 110 -110 112«-11S
130 -180 128«-1S0'
112 -1 1 2 « 109 -1 1 0 « 1 0 8 «-109 108 -109
D e n v e r dc R i o G .—1 s t . 7 114«-116 115«-120
.19 -1 2 2 « 118 -1 19 « 119«-121
108 -1 0 8 « 108 -HO
120 -1 2 8 « 118«-122« 120 «-1 2 1«
C o n s o lid a t e d .............. 7
8 8 «- 8 8« 8 8 - 8 8
123 -124 118 -120
95 - 9 7 « 97 96-96
U S «-1 1 9 «
T r u s t C o . r e c e ip t s .... 8 7 « - 9 2 « 89 - 9 3 «
9 2 « - m i 98 100
9 6 «-1 0 0 « 100«-109 108 -1 1 2 « 107 -1 1 1 «
N e w c o n s o l ................... 4
108 -118 109«-113 112«-115
D e n v . d e R .G .W .—1 st. . 6 7 2 « - 7 8 « 7 3 - 7 6
7 4 «- 8 3«
7 9 «- 8 1 « 7 5 « - 8 1 «
78«
- 76
75-79
7 8 « - 8 5 « 7 7 « - 85
A s s e n t e d , 1 s t .............. 0 . . .. * .. .. 75 - 75
80-£
76 - 8 2 « 7 7 - 8 2
74 - 81
77«
- 72
7 4 « - 77
75-80
7 5 « - 8 8 « 77 - 8 2 « 78 - 7 9 «
D e n v . S o . P . dc P .—i s t . 7 SO - 81
82 - 8 5 «
7
4
7
8
- 89
7 3 « - 7 8 « 74 - 7 6 «
72 - 8 0 « 80 - 8 2 « 8 1 « - 8 1 « 80 - 81
D e s M . dc F t . D . - l s t . . 6
75 - 8 2 « 8 3 « - 85
8 1 «- 84«
6- 84
D e t . M . & M a r q .—1 s t . . 6 .. . - . . .. 5 5 - 5 5
85 - 8 7 «
55-60
65-65
60-60
70 - 7 2 « 7 7 « - 7 7 « 71 - 75
lia n d a r r a n t s , 1 9 1 1 . 3 «
75-84
82 - 95
20-20
20-20
95 -100
2
5
2
5
36 - 40
I n c o m e , 1 9 2 1 ............. 7 .. . - ! ! !
38 - 8 8 « 39 - 44
40 - 49
.... .
4 6 « - 50
4 8 « - 56
D e t. B . C. d c A I p .-is t . .6
12-20
22-35
30 - 4 2 « 4 3 « - 4 3 «
E . T e n n . V .d c G .—1 s t . . 7 1 18«-118« 120 -1 2 2 «
1 06 «-106« 1 0 6 «-I0 6 «
105«-106
122«-124 121«-121« 122 -124 122«-126
105 -105
C o n s o l.....................
g 6 8 « - 77
122 -122 122. -122
7 6 « - 8 0 « 7 9 « - 8 2 « 80 - 8 0 « 8 0 « - 8 0 «
128 -128
123 -124
T r u s t r e c e i p t s ......... 5
95 - 9 5 « 101 -101
7 8 « - 7 9 « 7 8 « - 83
7 6 « - 83
8 0 « - 8 7 « 8 7 « - 96
9 4 « - 9 7 « 9 7 «-1 0 1 « 99 -1 0 3 «
C o n s o l., e x -c o u p . 9 t o l ‘2 6 1 « - 6 9 « 6 8 « - 73
72-75
74
74
8
0
8
0
C o n s ., e x c p . ,T r . r e c .
91 - 91
7 0 « - 7 1 « 7 0 « - 7 0 « 7 2 « - 73
7 3 « - 79
7 9 « - 8 6 « 8 6 « - 8 6 « 8 9 « - 92
D i v i s i o n a l ................... 5
91 - 91
105 -107
I n c o m e ............................. 1 8 « - 2 1 « 1 9 « - 2 2 «
108
-108
1 7 «- 2 0 « 1 8 «- 22« 1 7 «- 2 0 «
Enar. t r u s t r e c e ip t s ...
1 9 « - 2 0 « 1 7 « - 2 0 « 2 0 « - 25
Y . V . dc G a . R y , c o n 5
2 3 « - 2 5 « 2 4 « - 28
2 5 «- 2 9 «
E a s t dc W . A l a . —1 s t . . 6
9 4 « - 97
95 - 9 7 « 97
9 9 « I 97 - 9 9 «
E li * . L e x . dcBiar. S ... . 6 99 -1 0 2 « 102 -1 0 6 «
99«-100
100«-103 101«-104 1029Ä-104« 103«-109
100 «-1 0 0«
108 -109 108«-110 106«-109 108 -109
E r ie —1 st, E x t e n d e d . . . . 7 I25«-127 125 -1 2 7 «
126«-127«
108«-109
127«-127«
107«-108
125
-125
124«-125« 125«-125« 126«-126« 125 -125
2 d , E x t ............................ ...
122 -122 121 -1 2 2 «
116
-116
116
-116
117«-117«
113«-114
3 d E xt.
118 -113 I1 5«-1 1 6 « 115 -115
. 4 « 108 -108
114 -114
109«-110 111 -112
U 1 -112 112 -112 110 -1 1 2 «
4 t h , E x t .................
g 112«-115
109«-110 109 «-1 0 9« HO -110
119 -119 117 -117 112 «-1 1 2« 113 -113
5 th , 1 8 8 8 ..................” .’ 7
116 -116 118«-114 113 -115
108 «-1 0 8«
114 -114
108«-109
1 st, c o n s o l., g o l d ........ 7 129 -131 131 -187
105 -1 0 5 « 105 -106 106 -106
182 -1 3 5 « 132 -1 3 3 « 133 -1 3 4 « 18S«-1S5«
103 -108
136 -1 3 9 « 138 -1 3 8 « 134 -135 183 -1 3 3 «
1 s t c o n s o l, fd . c o u p . . . 7 1 20«-120« ISO -133
133«-184 133 -135
130«-130« 130 «-1 3 0« 129 -131
R e o r g a n ’ on 1 s t lie n ..6
108 «-1 1 0« 110«-112
.L on g D o c k ..................... 7 118 -118
114 -114 118 -120 119 -119 115 -1 1 6 «
C o n s , g o l d ................. 9
1 5 «-1 1 6 « 1 1 6 « -llö « 114«-117 115 -1 1 5 «
116 -1 1 7 « 112«-114«
1 14 «1 1 4 « 115«-115« 115«-115«
116 -124 123«-124 123«-123« 118 -118
B u ff. N . Y . dc E .—1 s t .r 188M-184 1 34 «-134«
117 -1 1 7 « 116 -1 1 7 «
135 -135 136 -136 137 -137
N .Y . L . E .d c W . —
134 -138 137 -137
140 -140 140 -140 136 -1 3 6 «
N e w , 2 d c o n s o l ......... 6 89 - 9 4 « 91«-105
9 9 «-1 0 6 « 9S«-105
9 6 «-1 0 5 « 105 «-1 0 9« 1 09«-112« 115 -115
E x . J u n e , ’ 8 6 , c p . 6 7 6 « - 8 2 « 79 - 8 8 «
lle u lle «
85-92
8 8 « - 9 0 « 8 2 « - 92
9 1 « - 9 5 « 9 4 « - 0 9 « 9 7 «-1 0 2 « 9 9 « -l6 8 «
C o l. t r u s t , 1 9 2 2 ....... 6
98«-102 1 0 l«-1 0 4 « 95 -1 0 2 «
102 -1 0 4 « 103 -108 105 -105 1 04 «-104«
106«-108
F u n d , c o u p ., 1 9 6 9 . 5
107
«-1
0
7«
107«-107«
7 7 « - 9 5 « 8 6 « - 9 6 « 88 - 9 1 « 87 - 93
107«-108
89 - 9 3 « 9 1 «- 9 4 « 9 1 « - 9 4 « 9 3 «- 9 6 «
I n c o m e ............................ 5 6 - 5 6
94-95
94 - 9 5 « 90 - 9 3 «
68-68
68-68
70 - 75
E v .d c I n d 'p . c o n . ,1 9 2 6 .6
7
5
7
6
70 - 70
112 -1 1 2 « 112 -113 109 -109
E v .d c T .H a u t e —C o n . . 6 111«-118 113 -1 1 4 « 114«-116
109 -109
115«-117 116«-117 U 6 «-1 2 0 « U7 -1 1 7 «
117 -1 1 7 « 116 -1 1 6 « 116 -1 1 6 « 117 -1 1 8 «
M t . V e r n o n —1 s t ........ 6 103 -105
108 « 108« 108 -109 109 -109 109«-109«
118 -1 1 8 «
F lin t dc P . M . - M o r t . . . 6 116 -116
112«-112«
122 «-1 2 2« 120 -120 119«-119« 119 -1 1 9 «
F t .W .d c D e n v .C .—1 st . 6 8 1 - 8 9
8 7 « - 9 0 « 88 - 9 2 « 87 90
120 -1 2 0 «
8 3 « - 90
8 3 « - 86
83-87
G n l.H .d c H . o í * 8 2 .......3 ,
8 3 « - 8 6«) 8 3 «- 8 5 « 8 3 - 9 0
71-71
90 - 9 5 « 8 5 «- 9 1 «
I 7 2 « 74
75 - 77
78 - 78
7 7 « - 79
G a l. H . de S a n A .—1 st..6114 -114 111 -1 1 2 «
115
-115
115 -115 116 -116
2 d m o r t ........................... 7 108 -1 0 8 « 108«-113
H l -111 107 -HO 109«-109«
115 -1 1 9 « 113 -119 118 -118 lie -116
1 0 6 «-1 0 6«
llö « -1 1 5 « 114 -114 114 -115
W e s t e r n D iv —1 s t ... . 5 92 - 9 3 « 9 2 « - 97
9 6 «-1 0 0 « 9 9 «-1 0 1 « 9 7 « - 9 8 « 98 - 98)
9 7 « - 99
9 8 «-1 0 0 « 100«-102« 102 -103 100«-101
2 d ............................... ..
80-81
8 1 « - 83
85 - 8 7 « 8 7 « - 88
9 9 «-1 0 0 «
8 7 « - 90
90 - 9 1 « 89 - 9 0 « 9 0 « - 9 0 « 9 2 « - 9 3 «
G r . B . W . & S t . P .—1 s t . . 6 80 - 8 0 « 8 7 « - 90
9 3 « - 9 3 « 9 3 « - 94
9 3 « - 98
94-94
96 -1 0 1 « 100 -105 104 -106 106 -1 07 «
2 d, i n c o m e .................... 8 2 5 - 2 6
2 4 « - 82
32 - 4 2 « 3 8 - 4 2
*8
7 «- 92
3
7
«
40
3 6 « - 3 9 « 3 7 « - 3 9 « 39 - 4 1 « 39 - 4 0 « 38 - 88
G u ll C o l. <fe S . F .—1 s t . . 7 116«-119 118«-124
3 6 « - 89
<- 41
123«-127 124«-125 122 -128 127 «-1 2 8«
123«-124« 120 -1 2 4 « 123 -124 128«-124« 124 -125
2 d , 1 9 2 3 ........................ 0 8 6 « - 8 9 « 8 9 « - 9 7 «
124 -12596«-106 103 -1 0 4 « 99«-105 104 -1 0 5 «
102«-105
9 9 «-1 0 8 « 103 «-1 0 6« 102«-104 102 «-1 0 8«
H a n . dc S t. J o . - C o n s . 6 119«-121 121 -1 2 3 «
119«-120« 120 -1 2 1 « 121«—121« 122«-123«
101 -103
123«-124« 122 -1 2 3 « 120 -125 121 -123
H e n . B r id g e C'o.—1 s t . . . 6 110 -111 110 «-1 1 1«
121« - 122« 120 - 121«
109«-109« 108«-108« 109 -1 0 9 «
112 -112
H o u s . E . dc W . T . - l s t . V
108«-109«| 108 «-1 0 8«
89
8
9
«
89 - 89
88 - 8 8 «
H o u s . dc T .C . — 1 s t ,M .L .7 *t02 -1 0 4 « *0 2«-10 5 «
85-85
*103« 105 *104 -1 0 5 « ♦ 0 4 « 113« ♦110 -1 1 3 «
65-65
*1 1 2 «-1 3 « ’H 0 «-1 4 « *1 10 «-1 1 « 109 -1 1 1 « *11 0 «-1 1 «
1 s t , W e s t e r n D i v ........ 7 *98 -101
9 8 «-1 0 0 « *9 7 «- 9 9 « *97 - 9 7 « *9 5«-10 4 «
*110 -114
*107
-1
0
7
«
*104 -1 0 8 « '102 -104
W . dc N . D i v ................. '7
104 -105 *100 -1 0 4 « *101«-105 *104 -109
*100 -101 ♦100 -1 0 0 « '100 -1 0 0 «
♦105 -105
2 d , M a in L i n e ............. 8 83 - 9 0 « 8 6 - 8 8
'105 -105
*102 -102 *104 -104
87 - 8 9 « 7 7 - 8 0
88 - 9 4 « 8 9 « - 92
G e n e r a l m o r t ............... 6 55 - 5 8 « 5 5 « - 58
94 - 9 4 «
- 86
8 7 « - 90
89
95«
56-59
51 - 56«
64 - 69
66 - 71
65 - 7 0 « 6 4 - 6 5
I lI .C e n t .—G ld ., 1 9 5 1 , 3 «
64-64
68-68
6 7 «- 7 3 «
102 -1 0 2 « 100«-101« 100«-100« 100«-101 101 -101
1 s t g o ld , 1 9 5 1 ............4
9
9
«
9
9
«
108 «-1 0 9« 108 -1 0 8 « 108 -109 109 -110 108 -108
S p r in g !. D i v ., 1 8 9 8 .. 6
106«-108 107«-110 109 -110 109 -110
119 -119 1 20 «-120«120 -121
M id d le D i v ., 1 9 2 1 . . . 5 109«-109« 109«-109 «
119«-119«
1 1 7 «-H T « 118 «-1 1 8«
C . S t . L .d c N .O .- l s t ,c . 7
G o l d ..............................g 112 -113
122
-122
122
-122
1 1 4 «-tl5 « 116 -117 116 -117 llö «-1 1 7
117 -119 119 -119 120 -1 2 0 « 116 -117 116«-117«
D u b . S . C ., 2 d d i v . . . . 7
116 -1 1 7 « U‘5 -118
118«-119
C e d a r F .d c M ., 1 s t . . . 7 113 -118 115 -116
117 -1 1 7 « 118 -120
120 -120
I n d . B l.d c W .—l s t ,p r e ! 7
112«-112«
106 -H l
120 -120
120«-120«j
116 -116
1 s t, 1 9 0 9 ................. 5 , 6 95 -100
97 -101 1 00«-102« 100 -103 100 -1 0 4 «
116«-118 119«-120
101«-104
8 9 «-1 0 1 «
2 d , 1 9 0 9 .................. 5 , 6 7 9 « - 84
9
9
«
9
7
«
98
90
97
9 3 « - 97
84 - 8 6 « 8 6 - 9 0
91 - 9 4 «
85-88
85-85
84-85
6 6 « - 83
E a s t e r n D i v ...................9 98 -100 100 103«
- 77
7 0 « - 75
72 - 79
7 9 « - 8 6 « 78 - 8 2 «
101 -1 0 5 « 102 -104 102«-104« 100«-103
89 - 9 7 «
C o n . in c o m e ...................6 35 - 4 1 « 3 7 « - 4 1 «
95
90-92
9 0 «- 93« 9 1 «- 95« 9 0 - 9 4
83 - 4 1 « 33 - 3 7 « 3 1 - 3 5
30 - 3 7 « 2 1 « - 3 1 «
I n d . D e c . dc S p ’ g fle ld .—
26-33
2 6 « - 33
29 - Í
1 s t , e x fu n d e d c o u p . . 7 99 -101 98«-108 108 -1 0 7 « 104 -1 0 7 «
105«-107
106
-107
106 -107 107 -107 105«-108 108 -108 106 -106 106 -1062 d i n c o m e ........................
22-22
32 - 82
2 d in c o m e T r u s t repts*
34-39
20 - 2 6 « 2 7 - 3 0
28 - 343 2 8 - 3 0
.2 8 «- 34
33 - 3 3 « 3 3 « - 3 3 « 84 - 3 8 «
I n t e r n , dc G t. N o . - l s t . 6 114 -1 1 5 « 117 -1 1 8 « 117 -1 1 8 «
- 41
87-3
87-40
U 7«-118 114 -1 1 5 « 116«-118«
C o u p o n , 1 9 0 9 ............... 9 8 4 « - 88
118
-118
118
-118
-119 114« 116« 116 -1 1 6 «
88-96
84-92
88-89
8 6 «- 88« 8 5 - 9 2
8 9 « - 9 2 « 9 0 « - 9 2 « 88 - 8 9 «
I r o n S t’ m b ’ t C o . ,1 9 0 1 .6
Í94
9
2
«
95
88-88
8 5 « - 90
90-95
88-88
8 6 « - 87
J e ffe r s o n —1 s t .................. 7
106 -107
102«-102«
K e n t u c k y C ., s ta m ’ d .,.4 68 - 70| I 5 9 « - 66
103 -103 103 «-1 0 8« 104 -104 104 -104
67-71
67 - 70
6 7 - 7 0 I 69 - 70
67-68
67 - 69
6 9 « 65 - 6 7 «
* Coupon off.
«
THE DHRONTCLE
46
fVoL, XLIV,
COURSE OF PRICES OF RAILROAD BONDS—C o n t in u e d .
JANUARY Febr’ r y .
BONDS.
March.
Ju l y .
A u g u s t . Se p t ’ b e r .( Octo b e r . NOV’BBR. DEC’ BKR*
Dow.High Dow.H igh Low .H igh L ow . H igh L ow .H igh L ow .H igh Low .H tgh Low .H igh Low .H igh JjOw.High Low.High L ow .H igh
9 4 « - 9 0 « 95«-103 1 0 1 «-1 0 5 « 101 -103 100 -103 102 -1 0 2 « 102H-102« 101«-103« 1 0 1 «-1 0 2«
K n o x . & O . —1 s t , 1 9 2 5 . 6 86)4- 8 7 « 89 - 89 ¡ 9 0 - 9 5
95 - 9 6 « 96«-105 104«-104« 102«-108 105 -110
95-96
95-90
93 - 9 6 « 9 3 « - 95
L a k e E r i e * W . - l s t . . 6 98 - 9 5 « 9 4 « - 97% 92 - 9 4
85 - 8 9 «
35-40
20 - 2 6 « 2 2 « - 3 4 « 3 0 - 3 0
I n c o m e ............................7 28 - 8 2 « 24 - 2 7 «! 28 - 2 5 « 2 4 « - 2 4 « 2 3 « - 2 3 « 26 - 2 6 « 2 2 « - 23
109 -109
88 - 8»
S a n d u s k y D i v . . . ..........6 85 - 90
S a n d u s k y D i v .—I n c . .. 27 - 2 9 «
100 -100
99«-100«|l00 -103 102 -105 102«-104 103 -108 106 -111
101 -102
L n f . B I. Si M .—1 s t
6 91 - 99 99«-107 1100 -105
55-70
50-50
4 5 «- 50« 5 0 - 5 0
43-46
40 - 40
88-40
I n c o m e ........... .
«...7 81 - 42 40 - 47«| 3 9 - 4 1
L a k e S h o v e Si M . S o .
114
-114
114
-1
1
4
«
116«-116«
118 -118
Cl« P a in s , Si A s h ..........7 116 -116 118 -119
122J6-125« 121«-121« 124 -124 124 -124
B u ll. & E r i e - N e w . . . . 7 .. . . - ....1 2 » -120 128«-128« 122 -122Ji 124«-124«
108 -108
K a l . Si W . P . - 1 s t . . . . 7
- . . . . 123 -1 2 3 «
1 21 «-121«
124«-124«
123 -123
124«-124« !125«-120
L . S h o r e —D iv id e n d ..?
.. 130 «-1 3 2« 1 32«-134« 130 -131 129 -1 2 9 « 130 -130 129«-131 ISO -1 3 0 « 129 -1 8 0 «
1 s t c o n ., c o u p ........... 7 127 -130« 129«-131 1S 6«-131«
127
-128«| 128«-129
128
-129
1
2
9
«-131
..
.
.
..
1 29 «-130 1S0«-131« 127«-128 129«-129« 130 -1 3 2 « 129 -131
1 s t c o n ., r e g .............. 7 127«-130
2 d c o n ., c o u p .............7 119«-123 122 «-123 122 «-1 2 4« 123 -124% 124 -127 123 -125 1 2 4 «-125 124 -1 2 4 « 124 -1 2 4 « 125 -1 2 5 « 125«-127 122«-124
. . . . - . . . . 1 22 «-1 2 3 «
123 -124 124 -1 2 4 «
2 d c o n ., rfc'g.............. 7 119«-122« 122«-123 128 -124 12396-124« 122«-125
1 03«-103« 103«-104 105 -105 104 -105 . . . . - . . . .
M a h o n in g C o n i 11R .5 103 -104 1 0 3 «-1 0 !«! 104«-105 104«-105 104 -1 0 4 « 1 0 3 «-1 0 4 « .
119 -121
122 -122
L o n g I s la n d —1 s t ........... 7 124 -124 127«-128 1130 -130
1 s t , c o n s o l ............... ..5 108 -112« 114 -114 114 -1 1 4 « 112 -1 1 2 « 111 «-1 1 2« 112 -113 114 -115 114«-115 112 «-1 1 4« 113M-113« 112 -1 1 4 « |115«-115«
121
-1
2
1
«
118 -118 1 18 «-1 1 8 « 118M-120
120
-122
120
-1
2
2
«
121
-1
2
1
«
117
-1
2
0
«
119
«-1
2
0«
L o u i s v .& N .—C o n s o l...? I24«-124« 124 -125 1124 -125
111 -112 | .... - . . . .
C e c illa n B r a n c h ........ 7 109 -109 109 -110 .. .. - .. 108 -110 107 «-1 0 7« 113 113
105 «-1 0 7« 107 -1 0 7 «
N . O . Si M o b —1 s t ...... « 100 -1 03 « 102 -1 0 4 «'103 -105 102M-104« 99 -102 100 -1 0 4 « 101«-104 103 «-1 0 4« 103 -105 105 -106
96-97
9 3 « - 9 3 « 9 3 « - 93R 9 4 - 9 6
9 1 « - 94
83 - 9 0 « 88 - 93
88 - 9 0 «! 92 - 9 5 « 91 - 9 4 « 8» - 91
2 d ...................................6 88 - 90
114 -114
13«-116
112
-1
1
4
«
115
-116
E . I I . Si N a sh .—1 s t ..- 6 115 -115 115 -116 115«-116 116 -1 18 «
106 «-1 0 8«
G e n ’ l m a r t .................... 0|IOO«-1O5« 104«-106« 108 «-1 0 8« 105 «-1 0 7« 103«-107 1Ö2«-10Ö« 104 -107 105 -1 0 7 « 105«-107 107 -1 0 9 « 109 -10996
98 -102
9 7 « -9 7 « .... - . . . .
P e n s a c o l a D i v ............6
113 -113
108 -108 | .... - . . ..
S t . L o u i s D iv .—1 st. .0
55 - 57
,56-56
S t . L o u i s D iv .—2 d . .. 3
123«-123«
1
22
«-122«
121
-122
122 -126
N a s h . Si D e c a t u r ....... 7
102 -105
S o . Si No.. A l a . S . F . . 6
9 9 «-1 0 4 « 101«-104 101 - 102« 100 - 102« 98 -1 02 «! 101«-104« 103«-105« 02 -104 10^6-105« 105 -107 1O 3«-105«
98
-1C
0«
T r u s t b o n d s . .. ;........... 6
97 - 9 9 « 97«-100
93 - 9 3 « 95 - 95
90 - 91
84« 84« 8 6 - 9 0
9196- 93
89 - 93
T e n - F o r t y , 1 9 2 4 ....... 6 86 - 6 7 « 87 - 89
9 2 « - 96
93-06
85-00
88 - 8 9 « 8 8 « - 8 9 « 8 9 - 9 5
8 2 « - 85
88 - 90
8 4 « - 69
89-90
P e n s a c . & A i l .—1st...6 8 6 - 8 9
113«-114 110 -111 110 -111 11096-111« 109 -1 1 1 «
L o u . N . A lb . Sc C .—1 s t .6 IOO«-1O0 106 -108 106«-110 109 -112 108 -1 10 « 110 -120 115 -116
9 5 «- 9 7«
05 -100
9 4 « - 95
97-99
9 8 «- 98«
96«-100
C o n ., g o ld , 1 9 1 0 .. .. ..O
L o u l s v . N .O . & T .—l s t . 5 9 1 « - 9 1 « 9 1 « - 9 2 « 9 0 « - 9 0 « 9 0 « - 9 0 «
8
8
8
8
8 6 «- 80«
90 - 90
8 7 « - 87>
M a n .B .I m p . C o .—L iin .7 80 - 80
80 - 80
102 -103 1029S-105« 102 -103 102«-103« 102«-10496 104 -10496 1 0 4 «-, 0 6 « 105 -1 0 5 «
M e i n . & C b a s .—G o l d .. .© .. - .. ..
117«-118 117 «-1 1 9« 118 -120
116«-118
116«-118
117«-121«
121
-123
117
-118
117«-118
M e t r o p o lit a n E l.—1 st. .6 115 -117« 116«-118 117«-118
111«-118 1O0«-111 1 09 «-Ü G «
11098-112
2 d , 1 8 9 9 ......................0 108«-109« 109 -1 1 0 « ir.96-118 112 «-1 1 3« 1 0 9 « -lli« 111 «-1 1 2 « 1 U «-1 1 2 « 110 -112
56-60
4 0 «- 40«
40 - 40
39 - 49
M e x . C e n t .—1 st, e x c p .7 47 - 5 1 « 4 3 « - 49
52 - 57
4 0 « - 4696 47 - 52
34 - 3 9 « 8596- 3 7 « 38 - 3 9 «
3 9 « - 3 9 « 89 - 30
3 8 « - 41
N e w a s s e n t e d ............4 . . . . - . . ..
180«-132 12696-129 1 27 «-1 2 8 «
M ic h . C en t—1 s t ,c o n s o l. 7 128«-131 1 3 0 «-13J 131 -132 132 -133 130 -130 129 -180 129«-181 130 -1 3 0 «
109 -109
H O «-llu «
110 -1 11 « 110 -1 1 1 « 110 «-1 1 0« 109 -110 110 «-1 1 0«
1 s t , c o n s o l .................. 5 107 -111
109 -110
1 09«-109«
C o u p o n , 1 9 3 1 ............5 107«-10B« 108 -110 U8 -108 108 «-1 0 8« 109 -110 109 -110
1 0 8 «-1 0 9«
109 -109
108 -110 109 -110
R e g is t e r e d , 1 9 3 1 .... li 107 -107
109«-110
104«
105
«
106
-1
0
8
«
108
-1
0
9
«
103 -1 0 6 « 106 -109 105 -106 104 -1 0 7 « 107 -1 0 7 « 106«-109« 109 -10996
M id . o l N .J .—1 s t .........0 1 0 0 -103
117 -1 1 8 « 114 «-1 1 6« 114«-U 8
M U . L . S h . Si W .—1 s t .. 0 112«-114« 114«-117 116 -118 117 -120 117 -1 1 8 « 118 -1 2 1 « 118«-120 118«-llw96 117 -118
104 -1 0 4 « 104«-107 101«-104 104 -107
105 -105
97 -1 0 3 « 100 -106
6 4 « - 97
I n c o m e ... . . . . . .
0 88 - 9 1 « 9 1 « - 94
113 -115 115 -116
106«-1U 110«-115 116 -118 . . .. - .. . . 116 -1 2 0 « 116 -119 117 -1 1 7 «
M lc h ig n n D iv .
117 -117 11S«-114 112 «-1 1 2«
115 -1 1 6 «
" ....
A s h la n d D iv ., 1 s t ... .0
103 -1 0 4 «
- . . .. 102«-105 104 -1 0 5 « 104«-105 105 -1 0 6 « 102 H -lu5« 105«-108 104 -1 0 5 « 104 -105 102 -106 106 -1 0 8 «
M i l . Si N o .—1 st, 1 0 1 0
103 -104 102«-103 101 -104 104 -104 103 -104
1 s t , o n e x t e n ., 1 0 1 3 - © 100 -101 101 -1 0 1 « 101«-103« 10396-103« 102«-104 101«-102« 102 -1 0 3 «
132 -1 3 2 « 132 -135 1 3 l« -1 3 l«
128 -130
135 -136 135 -135
- ....
M i n n c a p .& S t.l « —1 st .7
119 -119 120 «-1 2 0« 122 -122
124 -125 123 -125
I o w a E x t e n s io u ...... 7 121 -125
102 -102
101 -102
iid, 1 8 9 1 ........................ 7
110 -110 109 -109 108 -109
tlO -110
Pacific E x t . ... ........... ..0
93 - 95
90-95
90-90
9 3 « - 94
9
8
«
98
9
8
«
98
96
-100
98«-100
9
8
«
99
Im p . & eqnip., 1 9 2 2 .0 1 95 - 9 5 «
104«-105 104«-106
102 -102 101 -103 100 -103 104 -105
99M -100« 100 -1 0 1 «
M in n .& N o . W . —1 s t ,g. .5
9 7 «-1 0 1 «
101
«-1
0
5«
93 - 9696 04 - 9 7 « 07 -1 0 1 «
8 9 « - 9 5 « 91 - 9 4 « 8796- 9 4 « 9 1 « - 9 6 « 9 4 « - 07
M o .K .& T .—G eu. c o n ..0 88 - 9 2 « 9196- 96
85 - 8 7 «
8 4 « - 9 3 « 9 0 « - 93
7 5 « - 8 0 « 7 2 « - 8 0 « 7 7 « - 8 2 « 81 - 8 3 « 8 1 « - 8 4 « 8 2 - 8 5
7 5 « - 82
G e n . consol................... 5 75 - 7 9 « 896- 83
112«-113« 112«-11396 108 -1 1 4 « 109«-110« 111 -1 1 1 «
C on sol....................... . . . . 7 115«-118 113«-11596 113 -115 114«-115 1 1 2 «-U 5 « 115«-117 115 -117
90 - 90 . . . . - . . ..
78-78
3 d in c o m e ..................... 0
-112 112 -115 | .... - . . . .
H a n . Sc C. M o . - l s t . . 7 110 -110 112 -1 1 4 « 1114 -114
1
1 4 «-H 4 « 114 -115 109«-112
-110
115 -115
M obile S i Ohio—N o w . .0 111«-112« 113«-U 8 113 -1 1 5 « 112«-114 113 -114 112 -114 1
105«-105« 105 «-1 0 5«
1 st, exten ,, 1 9 3 7 .........0 101 -1 0 1 « 101M-103 103 -1 0 4 « ¡103 -1 0 3 « 104 -1 0 4 « 105 -106
- 69
6 3 «- 74«
6 0 « - 6 3 « 60 - 6 1 « 5 8 - 6 3
53 - 57
56 - 6 0 «
1 s t prel.debenture .. .7 ■ i - 6 5 « 64 - 6 5 « 6 0 « - 64
- 41
82-36
37 - 4 4 «
32 - 32
34 - 3 0 «
37-38
3 d p rel. d e b e n tu re ....?
I - 41« 3 9 - 4 0
- 30
30-35
31 - 31
34-34
; - 35
3 d pref. debenture....7
25-80
26-26
I - 31
4 th p ref. d ebenture..?
7 3 « - 7 4 « 70 - 7 6 «
3 - 74
7 2 « - 7 4 « 7 3 « - 74
S t. L ou is Si C ., g u a r .4
115 -116 110 -116
M org an ’ s L . Si T .—1 s t .6 104«-107« 107 -169 108«-111 111 «-1 1 2« 1 1 1 «-1 1 1 «1 I4 -114 U l«-1 1 5
127 -127 120 -1 2 6 «
120 -12<l« 118 -120 . .. - .. . . 127 -127 127 -127
1 st, 1 9 1 8 .......................7 120 -120
8 4 « - 8 5 « 8 2 « - 86
75 - 8 2 « 79 - 8 3 « 80 - 8 3 « 82 - 8 5 « 8 5 - 8
81 - 83
8 3 « - 9 0 «; 8 6 - 8 8
8396- 90
M u tu a l Union T —S .F .0 7 9 « - 84
129
-1
3
0
«
129 -180 129 -1 8 0 « 180«-131
N a s h v .C .& S t .L .-ls t . 7|123 -124 124«-127 127 -1 1 8 «! 129 -129 127 -127 128 -129 128 -1 3 0 «
1J0 -1 1 1 « l i l « - l l l «
3 d , 1 9 0 1 ........................0 . . .. - ••
93 - 98
99 - 9 9 « 99 - 9 9 « 99 - 9 9 «
95 - 96
- 9 5 « 93 - 98
91 - 9 7 « 0 7 «-1 0 1 «
N e w J .S o u th .—G u a r ..0 .. .. - ..
8 4 «- 8 5«
73 - 7 6 « 7 7 « - 7 8 « 8 0 - 8 1
- 6 1 « 6 1 « - 6 4 « 63 - 7 6 « 7 3 - 8 0
N .O .Paciflc—1st, e x cp.Ol 51 - 62«| 0 0 «- 64« «0 - 6 1 « 6 0 - 6 2
78 - 8 5 «
7
9
«
85
70 - 81
7 3 « - 76
74-7?
T r u s t receipts............. 0 .. . . - ....
106«-106« 105 -1 0 5 « 105 -1 0 6 « 104 -107 X 05«-106«
N .Y . C en tral—E x t........ 5 105«-106 106«-107« 10796-108 108«-108« 107«-108 106 -1 0 6 « 106 -107
102 «-1 0 2« 102«-103« 103«-104 101 -1 0 4 «
1 8 8 7 ................................ 6 104 -104« 105 -1 0 5 « 105 -1 0 5 « 1 0 5 «-1 0 5« 105«-10 5 « !103«-106 . . . . - ...
134 -136 130«-138 137«-13S «
N .Y . C . & H .—ls t ,c p ..7 134 -138« 186 -13? 136 -187 137 -138 138 -139 | l89«-140« 135«-136 1 3 6 «-137 134 -136
137 -137
13S «-1S8« . . . . 137 -137
.
.
..
.
.
..
135
-1
3
5
«i
135«-137
136
-136
137«-1S
7«
136
-137
184«-138
1 st, r e g ......................... 7
110«-112 107«-108 109 -1 0 9 « 108 «-1 0 9« 108«-109
Debenture .................5 109«-110 1 0 » «-1 U « 108 -1 0 9 « 1 0 9 «-1 0 9« 109 110« 100 -HO 1 09«-112«
107«-108 107«-109 108«-108«
.. . - . . . . 1O 0«-H O «
R e g is t e r e d ............. 5
1 04 «-108« 105«-107 106 «-1 0 7« 106 -108
C an. S o.—1st, g u a r ... .5 103 «-1 0 5« 105«-108 105«-108 105«-107 106 ■107« 11Q7«-108« 106 -1 0 7 « 104 -1 0 7 «
91 - 95
90 - 9 4 « 93 - 9 4 « 9 3 « - 95
93
9 1 « - 9 4 « 0 1 « - 95
3 d m o r t ........................ 5 84 - 8 7 « 8 6 « - 9 3 « 84 - 9 1 « 85 - 8 8 « 8 4 « - 8 3 « 88
133«-134« 133 -136 132 -132 131 -131
13456-135
1S
4«-135«
133«-135
137
-137
|lS3«-135
186
«-1
3
7«
136
-1
8
7
«
137«-139
H a rle m —1st, coup— 7
132 -1 3 2 «
136«-180«134 -1 3 4 « 135 -1 3 5 «!l3 5 -135«|132«-135 133 -1 3 4 « 132 -1 3 4 « 131«-132
1 st, r e g ......................7 137 -139 185«-137 136 -13
96-97
9 5 « - 97
9 7 « - 9 7 « 94 - 9 8 « 9 5 - 9 5
66 - 9 7 « 92 - 9 7 « 92 - 9 3 « 8 5 « - 9 3 « 9 3 - 9 8
N .Y .C h ic .& S t.L ,—1st .0 9 4 « - 99
96 - 99«| 94 • 9 8 « 9 4 « - 9 7 « 9 4 « - 9 7 « 96 - 9 8 « 9 5 «-l0 O «
8 7 « - 95
84 - 94
93 - 99
9 5 « - 98
9 2 « - 98
1 st tru st receipts__ 0 9 4 - 9 9
66 - 77
70
70
.
.
.
.
..
.
3 d , 1 9 3 3 ......................... 0
- 7 1 « 6 4 « - 70
6 4 « - 6 9 « 68 - 7 3 «
- 6 3 « 6 4 « - 65
5 8 « - 6 5 « 58 - 5 9 « 59 - 59
N .Y .C ity & N o.—Gen’ 1.0 55 - 59«
- 7 3 « 6 4 « - 70
61 - 6 9 « 6 7 « - 7 3 «
60 - 63
- 6 4 « 63 - 65
58 - 8 1 « 5 5 « - 61
5 9 « - 67
T ru st Co. r e c e ip ts....© 54 - 5 8 « 5 6 - 5 8
126 -1 2 6 «
123«-125 125 -126 125«-128« 125 -128 126«-1S0 ¡125 -127 125 -127 125«-127 123 «-1 2 5«
N . Y . E levated—1 s t......7 ¡123«-125
. . . . -- ..
. . . . 129JÄ-139« .. .. - .. . 128 -128 130 -130
129 -130 127 -1 2 7 « . . . . N .Y .& N .E n g .—1 s t ...... 7 125 -128
117 «-1 1 7« . . . . - .. .. . . . . - ..
1 s t, 1 9 0 3 . ...............
0 1 . . . - ..
N .Y .N .H .& I I .—Is t,r g .4 [ll2 -112 112 -112 ¡112 -112 112 - 112« U 2« - 112«)112 -112
107«-1C 8«[101«-105« 1 04 «-105« 105«-107V 105 -1 0 7 «
N .Y .O n . & W .—1 s t, g..O . . . . - .. .. . . - . . . . 103 -1 0 4 « 104 -1 0 6 « 105« 107« 107 -109 108 -108«
*82 - S 3 « *83 - 8 8 « *8 8 «- 94
N .Y . S n s q .& W .—1 s t...© *76«- 82 *7 8 «- 8 5 « *8 2 «- 83 *81 - 8 6 « +79 - 8 4 « *84 - 86 '80, - 84 *8 3 «- 8 6 « *64 - 85
*6 0 «- 60S, *62 - 64 *65 - 7 1 «
Debenture, 1 8 9 7 ........0 *52 - 5996 *58 - 5 9 « I*60 - 6 4 « *63 - 6 3 « * 6 0 «- 6 0 « I*6 2 «- 63 *61 - 61 *6 0«- 65 .. . . - ••
£0 - 50
. . . . - .. . . 57 - 5 7 «
N .Y .& T e x . Land—Scrip ... - ..
10 - ’f t
1 9 « - 2 1 « 1 9 « - 19«!
N .Y .W o o d & R .—3 d inc.| 2 6 « - 80
.0
.6
Coupon! off.
January
T H E CH RO N IC LE .
8, 18fc7.j
47
COURSE OF PRICES OF RAILROAD BOND3— C o n t i n u e d .
’. MARCH.
B O N D S.
A rn tii.
Ma y .
J u n e.
Ju l y
A u g u st .
ijL ow .H igh Low .H igh Low .H igh Low .H igh Low . High Low . H igh
. NOV’BER
D ec’ b e r
i Low . High Low . H igh
4 107%-10S 108 -109 104 -105 108 -108
N o rl.d k W e s t .- G e n .M .« j l 0 4 -104
•• 112%-115%
112%-114%6 112 -112 112)6-112%
108 -108 108 -108 110 -111 111 -115 115 -115
N ew H ir e r —1 s t..........6 99%-10654 107 -107 . . . . *
. 113 -114% 115 -118
.
.
.
..
.
87
%
93%
.... “ ...
9 6-9 8
Im p. dk e x t .. 1 0 3 4 ... .6 . . . . - . . . . 9 0 - 9 0
9854-101
99 -101
98 - 03
0 3 - 9 8 100 -108
. 85 - 86% 88 - 88% 89% - 92% 92%- 98% 100 -100 103 -10454
A d j. m ort.) 1 9 2 4 .......7 82)4- 82% .
107 -107
9 0-9 7
90 - 96% 90%- 96%
O k . & li . C .—1 s t,con ...6 99 - 99%|100 -101 . . . . ~ .. .
104%-104%
Ohio & M iss. Con.s. f ..7 120%-120% 121%-125 123%-123% 122 -123 121 -122 121%-122% 119 -120 119 -120 118%-118%
122 -123 121%-123
Consol.............................. 7 U'O 120% 121 -125 123%-123% 122 -122 122 -123 121 -123 11954-120 11954-120 118 -118%
4 120 -122 121 - 122%
2 d , consol....................... 7 113%-113% 121 -121 . . . . - .. . 11756-117* 115%-116 11656-118% 117)6-119 118 -118 118 -118
4 117%-120 118 -118
93%- 93%
96-9 6
94-9 7
1st, SprinKf. D ir ......... 7 92)4- 92}4| 91 - 91
95% - 98 HO - 110% 108%-108%
87)44 89%- 94% | .... - .. . 91 - 93
G en era l, 1 9 3 2 .........3
90%- 91% 9 0 - 9 0
91%- 94
90-90
.. . . « ..
90-90
90-90
4 102%-105% 104 -105 105 -107 103%-105% 100%-103% 102%-103% 101%-103 102%-105 105 -108 102 -105
O hio Southern—1 s t .... 6 9754-100
4 84 - 40
35-4 1
2 d, incom e......................6 34 - 41
3 4-8 4
86% - 38
84%- 80
87 - 39% 38 - 46)6 44 - 49% 89 - 46%
3454- 39
O r. R ’ y. & N a r .—1 s t ...6 111 - 112)4 112)4-113 U2%-113 111 -113% U2%-11354 113%-114% 11054-111% 110%-11154 110%-1U% 110 -111 110 -111% 110 -111
. 106%-106%
D ebentures, 1 8 S 7 ....7
C o n so l., 1 9 2 3 ..............3 102 -103% 103%-10S 107%-108% 107 -107% 106%-10754 105 -106% 100 -10756 105 -106% 105 -106%
6 100)6-107% 104 -10556
4 94%- 99
90 - 93% 8 8 - 9 1
Orest. Im p. C o .—1 s t— 6 90)4- 95
84 - 93% 90 - 92% 90%- 91% 90%- 9454 9S%- 95
95 - 98% 91 - 95
4
95
-100
97%-100
92%- 93% 6756-103 10154-103% 9954-102% 101 -10254
O reK on T ra n s.—1st ...6 9 4 - 9 7
i 10054-102
98 -101%
Pacific R a ilr o a d s—
Cent. P a c ., stold.......... 6 112)4-114% 114 -116 115 -116 11456-116% 11556-117% 117)4-11854 11356-115% 114%-115% 114%-11554
115%-tl6% 11554-U7
.T San Joaquin B r .......6 10754-112 112 -112 112 -112
110%-11056 11156-111% L12 -112
.. - ..
112 -112 112 -112
C a l. dk O reK on .......... 6 100 - 100% 104 -104 103 -104% 103%-103% 104 -104
108 -103 103 -103
1 0 1 % -1 0 1 5 4 . . . . - .. . . 106 -106
.. - . . . .
I.iim l K ra n ts...............6 10454-105% 105)4-10654 106%-107% 103 -108% 108 -103% 10^6-10454 104%-103% 104%-105 105 -10554
10254-103% 102%-103%
Tr — .. 11254-115 115 .-116 114 -114
W e ste rn P a c ............. 6 109 -110 111
113%-113
114 -114
.. * . . . .
... - .. .. . . . . - ....
N orth ., C a l., Knar. 6
116%-116% 119%-119% 12254-123 12254-12254
.. . . - .. . . . . . - . . . .
N o .P a c .—G e n .1st, I .k 6 111)4-113 11254-115 11354-115 11456-116% 115%-11854 11754-120 11554-117 114%-117% 115 -116%
116%-U7% 11756-119
t t - , , 115 -115% tl6 -117 117%-U7%
G e n . 1 st, 1. k >, rest..6 111) 4- 112)* 11454-115
115%-115%
G e n ., 1.
2 d , 19 3 3 . 6 91)4- 93% 9254- 97
95%- 98% 9354- 95% 92% - 99
98%-101 10054-10156 98%-101% 100%-103%
10256-103% 102%-104
102%-10S% 10454-106% 105 -108% 108 -10956 10656-106% ios% -ioe 104%-105%
N o. P a c .T e r .C o .—I s t 6
104 -108 10554-108
J a m e s R i r . V a l. , l s t 6
107%-109 105%-107% . . . . “ .. .. 107%-108 107%-108
So. P ac. Cal—1st ...... 6 10554-107% 107 -110% 109%-110% 10656-10754 [1C7 -108% 108%-109 100%-112% 111%-112 111 -114
11034-11054 11(^6- 111%
S o .P a c . A r iz o n a - 1 st 6 100%-101% 102 -104 104 -105 10456-105% 104%-105% 105 -100% 102)6-104% 10456-106
........ - .... 112 -112
103%-104% 104 -104% 103%-104% 104%-106 103 -103 104 -105 10554-107% 107%-108 108 -10856 108 -109%
S o , P ac. N .M e x .—1 st 6 100 -101
116%-118 116%-117% 117 -118 118)4-119% 115%-116% 115%-116% 114 -11554
Union P a c .—1 s t .. ...... 6 114 -115%
116 -11654 11554-117%
100%-106% . . . . “ .. ..
JLand g ran ts...... ...... 7 . . . . « .. ..
101% -101% 102 -102
10456-10456 104%-10454 ... - .. . . 105%-105%
118 -119% 118 -118 118 -119% 11954-121 120 -121 119%-120 116 -117% 117 -119 117%-118% 118 -119
Sinking In n d .. . . ...... 8 121 -122
121
-121
R e g iste r e d ......... .. . . 8 121 -121
117 -117
11754-11754 . . . . « . . . »
...... él
106 -106
104 -104 105 -105
108%-108% . . . . 113 -113 U2%-11356 .. .. - .... . . . . « .. 112 -112
K . P a c .—1 st, 1 8 0 3 .6 114%-11454
112 - 112% I l l -112
113 -116 114%-115 112 -112% 112 -11254 . . . . - . . .. 110 -110 111%-114 113%-U4 .. . . - . , V
1 st, 1 8 9 6 ........ ...... 6 t i l -112 112 -113
D cnv. D ir .—A ss’ d 6 113 -113
118%-115 114 -115 113%-114 . . . . « .. .. 114%-115% 115 -115% 116 -116% 117%-118 114%-115 114%-115%
1 s t , c o n s o l .......... . . . 6 99)4-101 101 -104 102 -107 10354-10556 99%-103 103 -10754 107%-109 10556-108 105%-108% 108 -1095 106 -107% 106%-107%
A t.C o l.d k P a c .—1 s t . 6 101)4-104 102%-105 104%-105% 10456-105% 108%-105 104%-105 105%-106% 105%-106 105%-105% 106 -106 106 -106 106 -107
_
105 -105 102 -103
A t . J . C .& W . —l s t . 6 100 -100
105 -103
O r e g .S h .U n e —1 s t . . 6 98)4-101)4 97%-101% 98 -105 101 -102
99 -10254 102%-107% 107)6-109 10254-105% 104 -105%
100)6-107 106 -107
90%- 90% . . . . - .. .. 9 0 - 9 0
U ta h S o u t h .—G en ..7
,90 - 90
85 - 87 .. . . - .. .
85 - 85 .. . . - . f .. 80 - 80% 72%- 75 . . . . « . . .. 80 - 87%
E x t ’ n , 1 s t, 1 9 0 9 ...7
83-85
83-88
Q Io. P a c .—1 s t c o n s . . . . 6 108 -109)4
110 -113 111 -112% 109 -111:% 111 -112% 111 -113% 11256-115 113 -116%|115 -117 112)6-115% 114 -115%
3 d , 1 9 0 6 . . . . ............7 116)4-11754 118%-123 122 -125 122 -123 120 -182 124 -125 124%-125 125 -127% 125 -125% 12554-126 118 - 122% 120%-121
P a c . o i M o .—1 s t ....... 6 10654-107 104 -105 104%-105% 104%-10554 105%-106% 106 -106% 106%-10654 103%-104 108%-104 103%-104 10334-104% 104 -10454
2 d , 1 8 9 1 ............... ..7 110)4-11154 112 -118) 113 -113 111 -111 112 -113% . . . . - .. .. 110 -110 110 -110 110 -110
110% -1U 110 -11154
S t . I i . d k S . F .—2 d , c l . A 6 108 -108 112 -112 112%-112% 112 -112 110 -114 114^-117 117 -118
114 -114 114%-114%
C la s s “ C ” .................. 6 105)4-108% 110 -112 110 -113 ~ 109%-118 109 -114 114 -117 116%-116% . . . . - .. . . 116 -116 114%-116 11234-114% 113 -114%;
C la s s “ B ” .......... . . . . . 6 10554-108 110 -112) lll% -113 110%-113% 109 -114% 114 -117 116 -118 116 -118 116%-117%
113 -114% 113 -114
117 -117
P . C . dk O .—1 s t ........ 6 .. . - ... 111)4-112
G e n e r a l m o r t ........... 6 99)4-101% 9954-104% 102 -105% 103 -103% 102%-107% 107)6-112% 108%-110% 108 -111
109%-114 112%-114
P e .P a c . o f M o .—1 s t . . . . 6 103 -103% 10454-105 105 -105% 105%-10554 105%-105% 106 -106 103 -103% 103 -103 10354-10354 103%-10354 10836-104% 104%-10454
_ _
F t . S m .& V . B d ., 1 s t . 6 1 .. .. 107 -107
_
105 -105 107%-107% ! .;! - ; ; ; ;
K a n . C . & S o . W . , l s t . 6 ... T e x a s <& P a c .—1 s t .. . 6 10554-105%
C o n s o ls ............ ........ . 6 *70 - 70
*81%- 81%
90 - 97% 97%-103%
*98 - 99% *100%- 00%
T r u s t r e c e ip t s ..........
99 -104
Inc.dk la n d Kr., re ff.7 36%- 39
37 - 40% 8454- 89
39-42
34 - 37% 87 - 41
37%- 4954 4854- 61% 51%- 58
53%- 58% 56%- 6054 5 6 - 6 0
T ru st r e c e ip t s ......
56-58
53% - 58% 5434- 63% 55%- 62%
1 s t , R i o G r . D ........ . 6
72%- 75
74 - 74
. . . . ** .4. A
75 - 75
E x . c o u p . . . . ......... . 6 45% -52
49 - 53
51 - 55% 5 0 - 5 4
66%- 68
6 4-7 2
48%- 5356 53 - 5556 5454- 65
6956- 75% 71)6- 71%
68-72
T r u s t r e c e ip t s ................. - ...
66%- 69
66 - 69) 68 - 73% 70%- 78
70 - 77%
G< n . M . d k T e r .......... 6 43 - 4 5
47 - 47% 40 - 40 . . . . - .. .. 34%- 36
36-4 0
42%- 51% 51 - 61% 55%- 57
55-62
_
T r u s t r e c e ip t s ................. - ..
ee - 7 i
49 - 51
52 - 52
58-59
67 % - 6954,
58-61
P a . R R .—P a .C o .—C p .4% 102)4-105%
106%-107% 106%-10654 106 -106% 106)6-108 106 -108 106%-1G8%
105%-108 106%-10734 105 -10,7%
R e g i s t e r e d ............................... 4 %101%-105
106
-107%
106%-106%
10ö%-108% 107%-107%
10454-105%
- . . . . 104 -106
10554-107 •
P i t t s . C . d k S t . L . , l s t . 7 . . . . - ...
121 -121 120%- 120%
P it t s .F t .W .d k C .—l s t . 7 141 -142%
144 -144 144%-144% 144%-l4454 145 -145 .. . . « .... 143 -143 141 -141 143 -143
_
_
2 d ., 1 9 1 2 .............
7 IS8%-139 140%-140% 140 -141
140%-141 139 -139
138%-1385C 138 -139%
142 -142%
3 d ., 1 9 1 2 . . . . . . . ....... .7 IS8%-135 136 -136
138 -138
133 -138
C le r .d k P .—C o n s .s .id .7 128 -128
129 -131 130 -131 127%-128% . . . . - .. . .
130 -130 12854-130
126 -128
_
4 t h , 1 8 9 2 .........
6 109)4-109)4 10954-10954 110 -110
I l l “111 110 -110 109%-109% 109 -109
S t . I i . V . & T . H . —l s t . 7 ... - .. .
121%-121% 122 -122
120%- 121% 120 -120 . . . . - .. . . 120 -120
P e o . D ec.d k E r .—1 s t . . . . 6 703 -106% 106 -108 108 -108% 111 -111 111 -112 113%-119 115 -115 115 -115 112 -112 113 -115 11434-11434 114 -115
I n c o m e ............................ 6 4 3 - 4 8
46 - 49
48-48
6 0-7 1
6954- 65
65-6 8
6654- 75
73 - 7654 78%- 80
75 - 19) 79 - 82% 80 - 82%
E r a n s r . D i r ................. 6 100%-104 104 -107% 104%-107% 107%-10954 107 -109 10» -111% 110%-111 110 -110% 107 -107 107 -110 110 -110 110 -11(96
50 - 57% 62 - 70
E r a n s r . D i r . —I n c . . . . 6 44 - 48
46%- 50
61-6 5
67 - 74% 72 - 75% 72%- 7954 ’5 - 795 79 - 82% 7 7 - 8 2
0 5-6 3
P e o r ia d k P e k . U n.—l s t . 6
106 -106 110 -110 . . . . » . . .. 106 -107 110 -113 112 -112 111 -111 111)4-111%
110 -110 . . . . - . . . .
P it ts b . C l. dk T o l .—l s t . 6 106%-10754 106%-109 11054-11054
108 -108 110 -110
107%-109 108)6-109 loo - n o
P it t s .B r a d .d k B n f . l s t .6 ___ 70 - 70%
82%- 82%
R i c h , dk A l l .—T r . r e c ..7 70 - 76% 70%- 73% 68 - 73% 08%- 70
69%- 70% 7 5 - 8 0
74 - 79 ~ 73%- 76% 73 - 75
74 - 80
7054- 75
65 - 69
R ic h . & D a n r .--C o n s . . 6 11154 - 1 1 3 % 113%-U5% 11254-115% 114 -11554 115% 117% 118 -119% 116%-11754 115 -117% 113%-115 114 -115 114 -115% 114%-116
D e b e n t u r e ................... 6 86 - 88
87%- 88% 88%- 95
94 -10354 100%-105 106 -110% 11054-114 109 -112 110 -110 108%-110 110 -114 109 -112
A s s e n t e d ................................. - .. ..
10756-113% .. . . - . . . .
R o c h . & P it ts b .—1 s t . . . 6 113)4-114
114 -115 115 -115 115 -115% 117 -117 117 -117
114 -115
C o n s o l., 1 s t .................. 6 110 - 110 % 110 -111 111 -112 111 -111% 110 -111 105 -107% 105 -105 107 -107%
107 -107% 108 -109% 108 -108
R o m e W . dk O g .—1 s t . . . 7 ___ - .. ..
ii4 % -ii7 113%-114
108%-108%
“ .. ..
110 -110% 110 -110
.10 -111% 111%-118 .. . . C o n ., 1 s t , e x . . . . ............3 87%- 91% 89% • 95% 92%- »7
93 - 97% 94 - 99% 98 -100% 100%-102
98%-102
99)6*103 100%-103
99%-103
93%-100
I n c o m e ......................... .. 7 43 - 49% 43%- 52
4 8-5 2
51%- 73% 69% - 70
. . . . - .. .. 9 5 - 9 5
82 - 97% 9 7 - 9 7
95 - 98% 98 -100 102 - 10?
S t . J o s .d k G ’ d I s l .—l s t . 6 104 -109% 108%-110H 108%-110 109 -11054 10556-107 106%-109 108 -109 106)6-108% .0754-108 108 -11CB^ 107 -107% 105%-107%
2 d , in c o m e .....................5 55%- 61% 60 58%- 60
60 - 63% 6 0 - 6 2
62 - 74
62%- 71% 68 - 71% 71%-. 74% 71 - 77
68 - 6956 6 3 - 6 8
S t . Lr. A lt.d k T . H . - l s t . 7 117 -117
116 -116 117%-117% U8%-119%
110 -116
115 -116
2 d , p r e f ...................... . . . 7 ____ - .. ..
111 -113 113 -113% 112%-113% U3%-113%
114 -114
110%-110%|111 -111 111 -111
2 d , i n c o m e ...................... 7 103%-104 106 -106 106 -108
*
104%-106%
106 -108
107 -107%
D i r i d e n d b o n d s ........... 6 41 - 41
50-50
3 5-3 5
39%- 42
87-37
3 5-3 5
35-40
B e l l . dk S o . 111.—1 s t . . 8 117%-117%
B e l l . dk C a r o n .—1 s t —6 . . .. - . . ,
110%-110%
S t. Ii.dk I r o n M t . - l s t . - 7 11754 118 115 -115% 114 -114 114 -115 114%-114% 115 -115 116 -116 110 -112
11154-112% 113 -113% 113 -115
2 d , 1 8 9 7 ......................... 7 112 -113 113 -116 117 -119 116 -116% 113 -113% 11356-114%
111 -111
-11654 116%-117% 112%-114 113 -114
A r k . B r a n c h ...................7 112%-llS US%-114 115 -115 . . . . - . . . . 115 -116
.. - .. . 113%-114 113%-113%
114 -114 115%-U6% 10954-113
. C a i r o dk F u lt o n —lBt,.7!108%-109% 109%-110 106%-U0% 109%-110% 110 -111% 112 -113 110 -110 t .. . - ___
ilQ8%-109%!l09 -109 I09%-110%
Coupon off
T H E C H R O N IC LE .
48
C O U R S E O f P R IC E S O F R A IL R O A D
JA N U A R Y
BONDS,
FEBR’RY.
Ma r c h .
A p r il .
M AY.
I V ol.
XLTV.
BO M D S— Con clu ded .
J u n e.
JULY.
A u g u st . Se p t ’ b e r . Octo ber . NOV’BER. DBC’BER.
Low .H lgh Low. High Low .H lgh L ow .H lgh Low. H igh Low .H lgh] Low . High Low. H igh [iOw. H igh Low . H igh Low. H igh Low. H igh
S t . Lou Ih Sc Iron M t .—
11S%-114 110 -110%
114%-115% 115 -115% 118%-114
C airo A r k . Sc T e x a s. 7 109%-110 111 -115 11594-116% 114 -115 113%-115
96%- 99% 96 -100
94%- 98% 94%- 97% 9 4 - 9 6
95 -100
94-95
93%- 96% 90 - 94% 9 0 - 9 5
G e n .c o n s o l.d e l. g . ... 5 81 - 92H 92%- 95
112%-113%
.. “ .. . .
L14%—
114%i
113%-113%
I14}t-115
112
-112
S t. I*. Itlinn.& M .—1st. .7 11214-115
120 -121% 120 -120 1118 -118% 120 -120 116%-119%
2 d i nori l i . , 1 9 0 0 ........ 0 118)4-120 121 - 122% 121%-122 118%-llB 118%-119% 119 -120 120 -121
121%-122 120 -120% .. . . “ ---- 119 -119 116%-118%
D a k o ta E xten sion ....6 119 -121 121..-122 121%-122 121%-122 11794-119 119 -120 120 -120
120 -123 118 -119% 118%-120% 121 -123% 120 -12354
1 st, c on so l., cou p .......6 115 -117 117 -119% 119 -121% j120%-123 119 -122% 122%-125 121 -122
_
... - . . . .
119 -119
r. • „
1 st, co n so l., r e g ......... 6 11494-114% 118%-118%
68-68
.. . . - . . . .
65-65
65-65
60-61
69^- 72
55 - 55
Scioto V a lle y —1 st,con.7 47 - 52% ' 5 1 - 6 0
82%- 98
93%-100
82%- 85
79 - 81% 7 7 - 7 8
75 - 79% 7 9 - 8 1
72 - 75% 72% - 76
72%- 75
Shenandoah V a l.—1 st.7 71%- 71% 7 0 - 7 2
39%- 49% 42 - 46%
.. - .
S6%- 38
36%- 40
36-43
29 - 40
30-30
G e n . m o r t ................. ..6 .. . . _
..
___
_
... - ••••
..
..
“
..
.
105 -105
S odu s B . & S o .—1 st. ..5 101 -101
108%-109% 10894-10994 11094-110% 110%-110% 110%-110% 102 -105% 106 -107% 106%-107
South C arolina—1st.. . « 10894-110 110 - 110% I l l -113 109%-109%
_
81-82
.. . . - . . .. 8 4 - 8 8
82-82
. . . . “ .. .. 8 3 - 8 3
85 - 85%
85 - 86% 8 5 - 9 0
2 d, 1 0 3 1 ..................... . . « . . . . - . . . . 90 - 90
28-29
25 - 29% 27%- 83
27%- 29% 25%- 27
27-28
22%- 27
26-29
26 - 27% 25 - 26
Incom es....................... ,..6 98 - 2994 26 - 29
.. “ . . . . .. - . . . .
97 - 97
Tenn.CoaltSc I .—1 0 0 1 .6
_
- ___
96-98
96%- 96% 97 - 98
92-98
S o . IMtts., 1 9 0 2 ........ 0
75-75
75 - 75
78-78
75-77
75 - 75
78%- 80
68-70
70%- 70% 7 3 - 7 7
T e x . C .—1 st, s i . , 1 0 0 0 .. 7 69%- 71% 71 - 78% 72%- 73
103 -103 103 -103%
T .d c N .O .-S a b .D iY .ls t.O 100%-102 102 -107 103 -105 104%-105 10294-104 104 -106% 105%-107% 106 -106 103 -105%
_
- _
90-94
.. - ..
93%- 95
.... ~
... - ..
T o l. A . A .S c N .M ., 1 s t .9
.. . - .. . . 102 -106 104 -106%
«.
101 -103 105 -105 102%-102% 106 -107 105% 106
T o l . A .A .& G .T .—1 st «
100
-102%
99
-101
9
7
9
9
95
97%
9
5
9
7
96-98
9 i -100
97% - 99
T ol.d s Ohio C ent.—1 s t.5 92 %- 94% 98%- 9994 96 - 99% 95%- 98
98%-102 100 -106 104 -105%; 103 -105%
98 -103 102%-103
92 - 93% 91 - 93% 95%- 99
T o l . P .& W .—l s t t r .c t ..7 95%- 97% 94 - 95% 9 3 - 9 6
95-99
93 -100
87 - 93
90-94
90-92
92-94
73 - 92% 88 - 92% 9094- 94
65-73
V irg in ia M idland—Inc .6 6394- 65% 64%- 67
.. . - .. . . 104 -105% 105%-105% . . . . - .. . . 105 -105 105 -105%
V a lle y R-y. o f O .—con. .6
W a b . S t. Louis «fc Pile.—
_ .
62 - 62
G eneral m o r t..,..........6 4 5 - 4 5
60-65
62 - 64% 60 - 62% 60%- 64% 6 2 - 6 7
60-62
56%- 68
53 - 56% 51 - 57
47%- 50% 49% - 61
44-50
T r u s t receip ts........ .
88-90
89%- 95% 9 0 - 9 7
88%- 90
87 - 91
87-92
8794- 89% 88%- 91
87 - 91
C hicago D iv ............... ..3 85 - 8794 86 - 92% 8 6 - 9 2
H a v a n a D ivision ...6
87-92
84-90
83-84
85-85
78 - 88% 87%- 87% 80 - 82% . . . . - .. . . 8 0 - 8 4
D e tr o it D iv isio n .......6 7 8 - 7 8
_ t.
— ___ .. . • .. . .
m .
55-55
.t " ,T
C a iro D iv isio n ........... 3
85 - 87%
82-85
82-85
70 - 70
82 - 82
75-80
8494- 8494 8 2 - 8 5
85-85
89%- 90% 85 - 91
W a b ’ s h -M o r t .. 1 9 0 9 .7 9 0 - 9 0
111 -114 110 -112 11194-112% 110 -113 110 -112% 111 -112 111% 115 112 -115
T ol.d c W . —1st, ext’ d.7 113%-115% 114 -115 118%-115% 112%-115
107%-111
102 -106% 100 -104 10494-106 105 -107% 105 -106% 106 -107 107 -108%
S t. L ou is D iv .............7 106 -110 108 -109% 10794-109%! 107%-10894
98%- 99 100 -100 100%-103% 100%-105
97 -108% 97%-100% 9894- 99% 98 -101
2 d , extended.............. 7 93%-105 104%-105% 104 -105 103%-10494
_
- .
, - ___
4 -4
4 -5
6% - 6 .. . . » .. ..
Equipm ent.................. 7
90%-100
91-98
90-93
91 - 92% 90 - 9494 8 9 - 9 0
95%- 99% 92 - 96% 85 - 93% 84%- 94
97 -100
C ons., conv........ .. ..7 95 - 98
110 -113 110 -111% 110 -112 111%-113% 110%-113%
G t. W e ste rn —1 s t........ 7 110%-114 111 -113% 112 -113% 111 -112% 109%-118 109%-112% 111 -112%
99-99
100 -101 100 -103% 100 -105
96 -103% 97 -101
99%- 99% 98 -101
2 d m o rt., 1 8 0 3 ....... 7 98%-105 104%-106 10494-105 103%-104%
94-94
Quincy Sc T o l.—1st. ..7 . . .. « .. . . 9 5 - 9 5
112 -116 112%-114 110%-115 H8%-114 118 -114 115 -115 . . . . - . . .. 110 -111 110 -111 112 -112
S t.L .K .C .d c N .—R.1.E.7 10894-112 112-112
98P4-101 . . .. “ .. . .
97%-104
97 - 98% 9 6 - 9 7
92 - 94% 96 -105 101 -103
05 - 98
97%- 9994 97 -100
O m aha D iv ................. 7 93%-100
_ t
97 - 97% 98%-103 100 -102
,,- - -T r u s t receipts .. . . . .
^ •
70-72
71-71
75
76%
7ft - 7*
70-72
70-72
C larin d a B ran ch ...6 6 5 - 6 5
100%-102 102%-103%
95 - 95
.. - .. .. .. . . - .. ..
9494- Vt
S t. C h as. B rid ge ....6 94 -100 100 -100 102%-102%
114 -117 116 -117 11654-119% .11654-11654
N orth. M o .—1 s t........... 7 112%-110 116 -117% 114 -118 115%-117 116% -llT 118 -118 119 -119% 114%-120
100%-104% 101%-102 10156-101% 101%-106 10256-106
W e s t Shore, g u a r.........4 101%-104 102%-103% 101%-1039i 102%-103% 102%-10b% !102%-105 10294-104
102%-1029i 102%-103 10294-108% |l02%-104% 10294-103% 101%-103% jl01%-102 10156-101% 101%-105% 101%-10554
R e g is t e r e d ................... 4
116 -117 ¡119 -119 120 -120 121 -121% Il22% -l«2k 123 -128 123 -123 . . . . - . . . .
W e s t .U n . T e l.—C o u p ..7 117%-119 120%-120% 121 -121
121 -121% 125 -125 122%-122%
R e g is t e r e d ........... .. ..7 117 -117 11794-120 119 -122 120 -120 .. . . “ ... 119 -119X 120 -120
(■
1
COURSE OF PRICES OF RA ILR O A D AND MISCELLANEOUS STOCKS FOR THE Y E A R 1886.
feb r’r y .
STO CKS.
MARCH.
A p r il .
June.
Ju ly.
AUGUST. Se p t ’ b e r Oc to b e r . NOV’BER. DEC’BER.
L ow .H igh Low .H igh Low .H lgh
Low.Hlgh Low. High Low.Hlgh Low. High Low. High L ow .H lgh L ow .H igh Low .H lgh Low .H lgh
R A IL R O A D .
140 -140 148 -148
136 -186
A lb an y «fcSusquehanna. 188 -:140% 137%-144% 187%-144 143 -144
84%- 89% 87%- 92
9156- 95% 9256- 9954 94 - 98%
- ..
8656- 90%
85%- 86
A tchison Top. Sc S . F e .. 87%- 93% 8844- 9156 9056- »3
7%- 8% 8%- 10% 9%- 12% 1056- 1356 9% - 18
7% - 8% 7 - 7 5 4
7 -8 %
7% - 9% 7% - 9% 756- 8 «
8% - 99
A tla n tic «Se Pacific...........
9854-100% 100 -101% 10054-10054 . . . . » . . . . 101 -101% 101 -102 101 -101%
9894-100
96 -100
B ost.de N .Y . A ir -1 .., prt 97% 101 100%-100% 9 7 - 9 9
_
22% - 29% 24%- 30% 29%- 30% 31%- 35%
B u ff. R och . Sc Pittsb ...
_ . ...
54%- 55
55-55
50-50
45 - 55
55-59
70 - 70% 60 - 60
66-70
70 - 70
95
B u r . C . R a p . de N o rth ...
6856- 7156 65 . - 69%
6754- 73
63%- 67% 6354- 6654 6294- 65% 6454- 6754 x65 - 6854 64%- 6756 6 4 - 6 9
C an adian P a c ific.. . . . . . . 62%-•68% 6 1 - 6 6
5654- 71%
55%64%
635467%
42
47%
43%58
C an ad a Southern.......... S8%- 48% 42%- 4554 3654- 4456 37%- 41% 3494- 8994 89%- 44% 42%- 45%
16%-. 17% 15 - 18
15 - 18
12 - 14
15 - 19% 18 - 1956 15%- 17
C edar F a lls Sc M in n ....... 12%-• 14% ’ l l - 14% 1254- 14% 12 - 13
18 - 16% 12%- 14%
14%- 19
18%- 20
18 - 20% 1856- 20
17 - 18% 13 - 17% 17 - 19
IS - 20
C en tral I o w a ..................... 17 - ■82% 17%- 20
48%- 56%
48%- 6354 49%- 55
61% - 5556 54 - 5656 51%- 55% 5 3 - 6 4
46 - 53
4656- 57% 47%- 55
C entral oi N ew J ersey. 42%-•4594 44%- 56
455449% 40 - 51
40%- 43
4 l% - 43% 41%- 44% 4256- 5056 46%- 4954
39%-• 44% 40%- 4454 38 - 43% 3854- 4356 38% 41
C entral Pacific........
4
5-50
32 - 32
C h a ri. C ol. Sc A u gu sta. 30 -. 80
8 -9 %
8%- 9% 8%- 9% 8 - 1154 9 - 1054 9% - 10% 856- 10%
10 - 11% 9 - 11% 7 - 89
Chesapeake Sc O hio....... 10%-■ 13% 1054- 12
1556- 1956
14%- 1754 15 - 17% 16 - 17% 15 - 1856 16%- 20% 1856- 20
14%- 19% IS - 1854 13 - 16
1 st pref.............................. 18%-■ 81% 18%- 21
10%- 1356 10%- 13% 9% - 12%
9-11
10 - 12
854- 12
854- 13
10 - 1354 8% - 10
12 - 15% 10%- 14
2 d p r e f .............................. 13 ■■ 15
142
-145%
142
-144
142
-144
Chicago Sc A lto n .............. 13994 -143 140 -144 140 -143 142 -142 xl88- 142 140 -145 142%-145 140 -146 141 -143
150 -150
___ - ___ 159%-160 162 -162 160 -160 .. . . * .. . .
P r e f.. ................................... 155 •-157 160 -160 154 -160 155 -160 150 •155
IS2%-1S8 13S%-186 133 -13654 185%-!S8 13656-13954 xl38 -141 13S%-138
Chic. B u rl. Sc Q u in cy... 13494 -140 x87 -139% 129%-13754 131 -135% 1289492%- 96% 93 - 96% 8756- 96%
9056- 95% 9156- 94% 89%- 9454 9054- 91
Chic. M il. ds S t. P a u l.... 90%-• 96% 9156- 9556 x85% - 9356 8556- 89% 88%
120%-124% 122 -123% 120 -128% 12056-12554 120%-122% 119%-12156 117 -120%
P r e f....................... ............. 120 ■■184% 121%-12454 xll8% -125 118 -121 116 114%-118
117%-12056 xllO -120%
Ul%-11554
11856-119%
xlll-11656 111%-116
Chic. Sc N orthw est.......... 105 ■-110% 10754-11154 104%-110% 10556-109% 104%
xl40%-42% 13956-142% 140%-144 xl41% 43% 140 -143% 140%-14354 xl38% -142
P r e f..................................... 135 ■-137% 13554-141% Xl35%-142 137%-140% 135 124%-128% 125%-127 124%-12756 126%-128% 125 -127 126 -129 124 -12754
Chic. R . I . Sc Pacific....... 127 --13094 127%-131 x 124%-180 125 -127% 120%
1254- 14% 14 -19% 15 - 18%
12%-_1454 1254- 14
1054- 12% 1154- 13
10%- 11% 10 •
Chic. S t. L ou is Sc P itts. 13 •• 15% 12%- 14% 9% - 13
32 - 3654 3154- 35% 30 - 84% 33 - 4354 35%- 43
30-32
29-30
27 ■
26%- 34
29%- 31
30 ■• 35% 3 0 - 8 5
P ref.........................
42%- 54%
48
- 5156 49%- 55
43
49%
4556- 5154
4256- 50% 4454- 4856
Chic. St. P a u l M . Sc O ... 35% - 4194 38 - 42% 85%- 41% 37%- 42% 37%
107%-116 10754-11254 107 -113 110 -114% 112 -114% 113% 116% xl09 -115%
P r e f..................................... 98 ■-104% 101 -10554 97 -104% 100%-104% 100 •
130 -180
105%-10554 117 -125 14794
C in . H a m . & D a y to n ....
97 -101
95 - 95% 90 - 93%
92 - 95% 92 - 9554 92%-XOO
85-94
79%- 84
8194
C ln . In d . S t. L .ds C h ic..
4
4
4
6
44
4654
48-51
,.. » ... .... » .. .. 39%- 39%
32-33
84%- 84% 3 4 - 3 5
Cinv Sandusky & C leve.
8 -3 %
3% - 3% 3% - 454 4% - 6% 5% - 656 5%- 6%
2%- 4
Cinchi. W a s h . Sc B a lt ..
8 - 11%
7% - 1056 9% - 12
6% - 7% 5 - 6 %
556- 8% 6 - 7 %
P r e f .................................
71 - 75% 60 - 74%
53%- 61% 58%- 66% 63%- 72
50-58
53-58
43%46%- 54
54 - 58% 43%- 55
C leve. C ol. Cln. Sc I n d ... 50%-- 60
150 -151% 152%-152% 151 -153 151%-152% 152 -152 150 -150 .. .. - . . . .
C lev e. ds P itts., g u a r .... 146%-•147 147 -150 150 -152 151 -151 150 55-58
« -■ __ - __ .. . . - .. . . .. . . “ •••• 4 4 - 6 0
45-45
43-52
42-42
42 - 45
Colum bia dEGreenv., pf.
31%- 35% 3056- 33% 28%- 3154 31 - 34% 30%- 41% 37%- 45% 29%- 4354
26%S l% - 88% 27 - 38% 2 9 - 3 5
C o l. H o ck . V a l. ds T o l. 29 -- 34
12756-13356 125%-130% 12554-131% 128%-140% 13556-14356 139%-1425f 130 -144
D e l. L a c k . Sc W e ste rn . 115 --125% 11956-13554 12256-133% xl23%-28% 12094D e n v e r ds R io Grande.
1494-- 20% 1654- 1754 15 - 16% 15 - 16% 15 SO - 34% 3154- 35% 25%- 3554
29 - 8154 28%- 35
2454- 28% 26%- 30
81%A sse ssm en t p aid ......... 81%
2254- 25% 2154- 24% 2 2 - 2 5
_
59%- 63% 5354- 63%
P r e f................................
79-82
79%- 79%
D e tro it H illsd .d s S o .W .
6668
ANUÀRY 8 , 1 8 8 7 .]
TH E C H R O N IC L E .
COURSE OF PRICES OF RAILROAD
STOCKS.
J a n u a r y F e b r ’ r y . Ma r c h .
Low. High Low. High
MB0ELLÌNB0TT3
— ...................
49
STOCKS —C o n t i n u e d .
A p r ii,.
Ma t .
June .
Ju l y .
Low.High Low.High
Low.High Low.High
6 0 «- 6 1 « « 1 « - 63
63 - 70« 6 8 - 7 1
JUST. Sept ’ber October .
No v ’ be r
Dec ’ b e r .
High Low.High Low.High
Dubuque dk S . City
62
Low.High Low.H igbi
63-65
E .T e n . V.dkGa .R y ., new
- 70« 7 0 - 7 0
1 st p r e f . ...........................
75-80
78 -101
1 2 «- 13« H - 13% 1 3 « - 15
2 d p r e f ............................
1 3 « - 18%
67
74%
7 1 «- 75% 7 3 - 7 8
Enst Tenn. V a . A G a ....
.
.
.
.
....
.
.
.
.
.
3%- 6«
71
-8 8 %
3 -4 «
2
«
3
«
28
3
0
«
2
8
8
1
P r e l................................ .
S0%- 3 4 « 24 - 3 5 «
1«
1«
6% - 8
H«
%- 1«
5 - 6 «
%%
3
«
5
«
«
«
Com. a sse s. p a id ..........
3«
2« - 8
2« - 3 « | .... P re f. a sse ss, p aid .......
4 « - 6% 5%- 6«
B%- 6«
•
B%- 6%
E lizn b e tlit.L e x. dk B . 8 . 20 - 20% 2 0 - 2 0
1
1
«14%
13 - 14% 1 3 «- 15« 1 4 «- 15
16 - 21
__ E vansville dk T . H a u te 6 7 «- 70
18
18
18
19«
68« - 80
22 - 22
78 - 81
8
0
8
6
2
2
2
2
19
19
20%- 24
8 0 « - 8 3 « 8 3 «- 88
F ort W o r th dk D enver i m - 25
15 - 20
86 - 8 9 «
22 - 25« 20 - 23% 19 - 19
90
8 9 «- 91« 8 6 - 9 0
86« - 88
15 -2 1
Green Bay W in.dk St.P,
20 - 22« 1 5 «- 20
8 - 10
79-88
8 - 9
20
8
« - 12% 10 - 13%
1 9 - 2 3 « 19%- 23 I 2 2 « - 2 5 «
H a r le m ............. ............... . 215 -i115
1
0
12
%
2
0 « - 25
11 - 12 10 - 12% 11
217 -217 , HS«-220 I213«-215
13« 12 - 13« 10% - 12« f
214 -220 240 -240 285 -240
H - 1 2 « 1 0 «- 14%
Houston dk T e x a s Cent,
36
29%- 82
2 5 - 8 1 I 26 - 28
280
-235
222«-225 220 -220 220 -225
Illin o is C en tral................ 13S«-141 x 38«-143«
,26-86
138 -142« 137«-140« 136 -i s s « 3 4 « - 34« 84 - 87«, 34 - 3 6 « 88%- 87
31 - 3 6 « 34 - 40«, 3 8 « - 4 4 «
L eased line, 4 p. c ...... »3 - 9 7 « 9 ?«-100«
137«-140« 138 -140 134 -139
99«-100
135 -1 3 6 « 183«-136 132«-135
99 -100
09 _ go« 97 - 99
Ind. Bloom , dk W e s t .... 2 3 « -28% 2 5 «- 28%
ISO -134
0 6 «- 98« 9 6 - 9 7
21« - 28% 21« - 26%I 20 - 24«
95 - 9 7 « 95 - 9 6 « 9 4 « - 98
J oliet dk C hicago.............
20 - 2 5 « 12 - 20« 1 5 «- 1 8 «
9 4 «- 9 6 «
IB «- 20% 1 6 - 2 2
16%- 20>: 1 5 « - 20%
K e o k u k dk D es M oines.
150%-150%
7 - 7
B «- 5 «
P r e f ....................................
150
-150
8
8
«
8« - 8«
26 - 26
6 - 6
10 - 15
L a k e E rie dk W e s te r n ... 12 - 18% 12 - 16
11-16
8«- 12« 11 - 13«
30 - 3 8 « 8 8 - 3 8
10%- 12« 11« - 13« 7 « - 12
A ssessm en t p a id ..........
8%- 12« 11 - 1 3 « 13 - 1 4 «
L a k e S hore........................ 8 2 « - 89« 85%- 90« I
15-15
11 - 11
79«- 88« 7 8 «- 88%
1 8 «- 2 2 « 1 4 «- 2 1 « 15%- 2 0 «
Long Islan d ...................... 80 - 8 4 «
7 6 « - 82« 8 1 « - 8 6 « 8 3 « - 8 8 «
84-92
83%- 89% 8 4 « - 93% 89%- 9 5 «
88« - 94« 8 9 «- 93
89 - 91« 91 -100
95%-t00% 90«-100%
L ou isville dk N ashville, 8 6 « - 45% 3 9 « - 4 2 « I 3 8 «- 43«
94«
93 - 9 6 « 9 2 « - 95
34 - 4 0 « 33%- 88%
9 2 «- 98« 9 5 - 9 8
L o u isv.N ew Alb.dkChic, 35%- 3 8 «
9 2 «- 9 7 «
3 6 « - 43% 4 0 « - 45% 4 2 « - 4 7 «
36 - 41
32 - 38
4 3 « - 5 1 « 49%- 58% 66%- 84%
3 8 «- 39« 3 3 - 3 9
M an h attan C o n s o l..,.., 120 -1 2 8 «
58-69
37%- 45
4 4 « - 6 6 « B0 - 5 6 « 53%- 59
124«-127« 125 -129« 126 -129
55-70
65 - 7 0 « 60%- 71
125«-127% 127 -1 2 9 « *1 2 3 «-2 7 «
M anhattan Beach C o ... 1 7 «- 2 0 «
124 -1 4 0 « 187«-144
17 - 19« I 18 - 2 1 « 1 7 «- 19
141«-175 163 -178 15S«-165%
1 7«- 19
M em phis dk Charleston. 30 - 8 8 « 35 - 37«
1 7 «- 2 0 « 15 - 19
1 3 «- 16
15 - 1 6 « 14 - 1 6 « 1 4 «- 15
M ichigan C entral........... 68 - 70% 73 - 76% 33 - 37« 21 - 32
29-30
18%- 1 5 « •
3
2
4
0
8
5
4
0
36 - 40
64%- 75
3 8 « - 4 3 « 40 - 44
6 2 «- 69% 6 1 «- 6 9 «
43 - 6 9 « 4 4 « - 60
M ilw . L a k e Sh.dk W . ... 2 2 - 2 2
6 0 « - 7 5 « 73 - 8 0 « 7 6 « - 83
27-30
33-40
SO - 9 1 « 8 9 - 9 6
40-54
P re i ...............................
95
98%
4
8
«67
88
- 98«
65
7
1
«
B 0«- 5 3 « 6 2 «- 63
67 - 70
64-67
6 0 «- 68
62-65
68-82
58-66
7 4 «- 93
58 - 6 8 « 68 - 7 1 «
M ilw a u k e e dk North’ n
00-95
8 9 « - 98
86 - 9 3 « 87 - 9 4
90
9
4
«
8 9 « - 9 6 « 98%-108
M inneapolis dk St. L ..
18 19 - 20% 1 6 «- 2 0 « 1 7 « - 2 2 «
P r e l..................................
4 0 « - 4 1 « 40 - 4 2 «
1 7 «- 20% 2 0 « - 23
4B «- 51« 47 - 50« 4 0 «- 49«
20 - 22
1 9 «- 21% 20 - 22«
4 2 « - 49% 41 - 4 6 «
20
%
22
%
21%23%. 1 7 « - 22%
M issou ri K a n . dk T e x a s 2 7 «- 3 2 « 28%- 3 2 «
25%- 29% 23% - 2 9 « 21 - 2 8 « 4 4 « - 49% 4 4 « - 4 8 « 4 1 « - 4 7 « 4 8 « - 47
45 - 4 8 « 47 - 52% 40 - 51%
M issou ri Pacific.............. 107«-114%
2 6 « - 32
2 9 «- 3 2«
- 83
109«-11S« x l00« - 111 102«-107
80%8
7
«
35%- 87% 3 5 «- 3 8 « 2 8 - 3 8
M obile dk O hio.................. IB «- 17
102«-109 X106-112 106«-U 1%
14 - 16« 14 «-1 4 « 12 - 1 3 «
107«-112« t09«-118 111 -119
M o rris dk E sse x ................ 132«-135
llö « -1 1 8 « x 0 3 «-lie%
11 - 1 8 « 1 3 « - 1 6 « 14 - 16
134 -138 IS6«-189% 138«-142
IB «- 1 6 « 15 - 1 6 « 1 6 «- 19
N ashv. C h att. dk S t. L ... 46 - 50
19 - 21% 14 - 1 9 «
143«-144 I4 1«-1 4 8 « 140 -142
47 - 48«, 46 - 49
140«-142 140%-141% 141 -1 4 2 « 188 -1 4 2 «
4 3 « - 4 7 « 4 3 « - 48
N . Y . Cent, dk H u d . R iv , 102«-107
48 - 5 7 « 5 5 - 6 0
105 -107« x99%-107 10G «-103«
6 9 « - 66% 64 - 6 9 « 6 3 « - 78
72%- 94
9 8 « -102% 102 -108 105 -111
N. Y . Chicago dkSt. L ...
67«-lOÖ%
8-10
107%-111% 108%-114%
8« - 9 « 4 « - 8«
5 « - 7% 5% - 8
110«-114 112 «-1 1 5« 108«-117%
P re f.....................................
7 - 9% 8« - 91
17-23
18 - 21« 12« - 18« 12 - 16
8 « - 1 0 « 8« - 10
8%
1
7
«
11
18
N . Y . L a c k , dk W e s t.
14%16
12 - 1 6 «
18 -2 3
100«-102 102 -104 104«-107
20« - 22
18« - 22% 21 - 22% 21%- 31
105 -1 0 6 « 105 -107
2 6 « - 2 9 « 2 3 « - 31
N . Y . L a k e E rie AcW est. 23 - 27%
105«-109 106 -1 0 7 « 106 -1 0 7 «
24%- 28% 23%- 28« 23%- 2 6 «
105«-107 103%-106% 103%-106« 1 0 4 «-1 0 7«
1 P re l........... .., ’................ 5 0 « - 58
2 2 « - 26% 86%- 2 9 « 8 8 « - 38%
30%- 34% 31% 3 7 « 34%- 8 6 «
6 1 «- 63% 5 7 - 6 4
54 - 6 1 « 52%- 60
35%- 38%
N . Y . dk N ew E n g la n d ... 3 6 « - 43% 36 - 4 1 «
59%- 65
62%- 78
7 2 « - 7 8 « 73%- 8 1 « 75 - 7 8 « 76 - 7 9 « 3 1 « - 38%
3 0 «- 37% 88%- 3 7 « 33 - 8 8 «
70 - 7 8 «
N . Y . N. H aven dk H a rtl. 2Q4«-206 206 -210
37%4
1
«
40
4
7
«
39%- 47
210 -211 209 -210 208 -2 1 0 «
44%- 5 7 « 64 - 68% 59%- 6 6 «
N. Y . O ntario dk W e st.. 1 8 «- 21«
44-66
205«-210 205«-206% 208 -210
1 8 «- 19% 1 7 «- 20% 16 - 1 8 «
209 -212 210 « - 210 « 216 -223 220 -220
15 - 1 7 « 16%- 19"Vi 18%- 20
N . Y . Susq. dk W e s t .......
6« - 8 «
19 - 2 0 « 19 - 22% 19%- 22%
6 - 8«
6« - 8% 6 « - 7% 6 - 7 %
P re l....................................
19%- 2 2 « 1 7 « - 22%
6% - 7 «
1 7 «- 22« 1 8 «- 24
« « - 7% « « - 8% 6% - 8
2 0 «- 23% 1 9 - 2 3
6 « - 7%! 7 « - 11
1 7 «- 2 2 « 20 - 22%
N orfolk dk W e s t e r n .....
9 «- 12«
8« - 11«
1 8 «- 2 0 « 19 - 22% 20%- 2 4 « 2 1 « - 2 4 «
8« - 10«
8 - 10«
0 - 10% 10«- 12« 11«- 12«
P r e l...................................
23 - 28 . 2 6 « - 8 3 «
25 - 3 0 « 27 - 29« 2 5 «- 29«
12%- 18% 1 4 «- 1 8 « 1 6 « - 1 7 « 16%- 1 8 «
2 7 « - 8 0 « 2 6 « - 33% 82 - 87
18 - 2 8 « 1 8 « - 2 7 «
N orthern P a c ific ........... . 2 5 « - 29
87 - 45
28%- 28
41%- 47
2 3 « - 27
42%- 48% 4 4 - 4 8
8 3 «- 26« 2 2 - 2 6
P r e f ...,..............................
4 6 « - 5 4 « 42 - 59%
2 5 « - 28%
5 6 « - 61% 6 7 «- 61« 5 3 « - 60
54%- 5 8 « 6 3 « - 57% B5%- 61% 2 6 « - 29% 2 6 « - 28% 2 7 « - 29% 2 8 « - 29% 28%- 29% 26 - 81%
O hio'C entral......................
5 8 « - 62% 6 7 « - 6 2 « 58 - 62%) 81
1« - 1«
1
«
2
1
%
2
6 2 «- 65
Ohio dk M ississippi..........
1« - 1«
58 - 6 6 «
1 - 1«
H - 1«
21 - 25« 22 - 2 5 « 22 - 26«
21%- 2 4 « 19%- 2 2 « 2 l% - 2 4 «
P r e f ....................................
21%- 2 5 « 23%- 2 5 « 23%- 2 9 «
2 6 « - 30% 28%- 35% 25 - 3 4 «
Ohio Southern.................. IB «- 19
79-79
16 - 18% 1 3 «- 17« 14%- 1 7 «
80-80
81 - 91
14%- 16
Oregon Short L in e .......... 21%- 25«
91 - 91
15 - 1 6 « 15 - 1 5 « 1 4 «- 17
18 - 1 7 « 1 5 « - 1 9 « 1 9 «- 2 2 « 16 - 2 1 «
22-26
22-22
1 9 «- 22
Oregon dk Transcontin’ l 27% - 34«
2 2 « - 2 8 « 80 - 33% I 81%- 83
3 0 «- 33« 25 - 32« 28%- 31
3
0
«
83
8
2
8
8
32
3
4
«
26 - 3 1 « 3 0 «- 3 5 «
P e o ria D ec. dk E v a n a v .. 1 8 «- 22«
25 - 3 5 «
20%- 22« 16
3 2 « - 3 4 « 29%- 3 4 « 30%- 35% 82%- 35
2 0 « - 25
34%- 8 7 «
1 9 « - 23% 2 2 « - 2 4 «
P h ila . dk R ead in g........... 1 9 «- 22«
1 8 «- 27
21 - 2 6 « 2 5 « - 3 0 « 2 8 « - 3 2 « 29 - 31% 3 1 « - 84% 2 9 « - 38
23 - 31
2 0 « - 26
2 0 «- 2 4 « 22 - 2 6 «
2
6 «- 3 4«
P itts. F t. W .J s C ., gu ar.jlii^ -liS U
23%- 26% 2 4 « - 2 7 « 2 4 « - 38
147«-148 148 -150 146 -150
8 3 « - 3 8 « I 35%- 53% 30 - 60%
145 -145 146 -1 4 8 « 144 -146%
132«-134
147«-149
140
-140
149
-149
145«-147«
I43«-147 144«-148
R e n s. dk S a r a to g a ..........
155 -163 162 -163 161 -163
181 -163 165 -165 160 -165
R ich in. dk A lle g h e n y ...
166 -170 165 -165 162 -163
6 - 6
7 « - 7% 5 - 5
160
-161
4 «- 4«
R ichm ond dk D an v ille . 77 - 82«
2 - 4
169 -170
6 « - 9!
76 - 77« 75 - 80
8 - 9 «
77«-106 101«-113 118 -1 4 9 « 8« - 10% 7 - 9 «
8% - 9
9 - 1 5 « 10 - 12«
R ichm ond dk W e st P t.. 3 2 «- 37«
140 -150 134 -143 140 -145
8 4 «- 38
30 - 38
140 -155 152 -200 155 -186
2 7 « - 3 4 « 2 7 « - 8 1 « 28 - 33%
R och ester dk P ittsburg
31%- 3 2 « 2 7 « - 31% 2 7 « - 82%
8% - 4 «
8« - 5
4 - 5
28-40
3 9 « - 77« 30 - 7 2 «
R om e W a t . dk Ogdensb,
5 - 5
4% - 4 «
25-81
4 « - 4% 4 « - 5
29-30
25 - 31
5 «- 7 «
3«- 4
30-05
S t. J o . dk G d . I s la n d ...
51 - 60% 6 4 « - 75
3 «- 4
75 - 7 9 « 6 5 « - 7 4 « 72 - 81
77 - 81
8 0 « - 96
S t. L o u is A lto n dk T . H . 3 8 «- 44
90-96
40-46
39 - 4 4 « 36 - 4 1 « 34 - 35%
36-87
P r e l ...................................
3
t
f-3
S
25
- 25 ’
!
27
33
8 2 « - 33
86-90
91-95
30-35
30 - 8 8 « 3 6 « - 39% 3 6 - 4 1
94-94
92 - 9 4 «
“S t. LouisdkS. Francisco, 20 - 28«
31 - 3 7 «
80-83
2 1 «- 23« 18 - 2 1 « 1 8 « - 20
8
2
8
5
8
5
8
5
P re f....................... ’ ............
8
2
«
83
17 - 2 3 « 3 0 « - 26% 2 3 « - 2 6 «
4 2 « - 4 8 « 45 - 46% 42 - 45
2 5 « - 30% 2 8 « - 33% 8 1 « - 35% 3 3 « - 3 6 « 8 3 - 8 3
3 8 « - 4 4 « 3 7 « - 4 6 « 4 3 « - 51%
1 st pref............................
26-36
48%- 5 3 « 5 3 « - 6 0 « 68« - 66%
97«-104 100«-105
9 7«-10 S « 101 -103
6 3 « - 7 0 « 8 8 « - 72% 59 - 7 0 «
St. P au l dk D u lu th ........
97
-109
107 -113 x llO -1 1 4 « 108 -1 1 8 «
37 - 4 2 « 39 - 42% 4 0 « - 56%
1 1 2 « -llö « 112 -1 1 8 « 116 -1 1 8 « 112 -1 1 7 «
P r e f...................................
5 1 « - 67
51 - 6 6 « 56 - 6 8 «
99«-104« 102 -1 0 % 105 «-1 1 1«
53-59
46 -55
51 - 59
55 - 64% 6 2 « - 6 6 « 54 - 6 3 «
109 -1 1 2 « 109«-112« 109 -114
S t. P au l M inn, dk M an .
108 -1 0 9 « 107«-109 1 0 7 «-n o
108«-115% 114 -118% 112«-118%
109«-112 109%-112% 106 -112
x ll2 1 17 « 110«-115 115 -117
Scioto V a lle y ...................
113
-116
9 - 9 «
112 -1 1 6 « 11S«-119 117 -124% 117 -120
» « - 10%
'South C a ro lin a ...............
113 -1 1 8 «
1 5 «- 16
14-15
1 2 «- 14
6 « - 16
Southern Pacific C o ....
13-13
1 4 «- 17
10« - 12« 1 1 «- 13
1
1
«
13
3
0
«
38«
1
1
«
13%
3 8 « - 4 1 « 3 8 « - 4 0 « 3 7 « - 40%
1 2 « - 15« 1 3 «- 24
T e x a s dk Pacific..............
15 - 1 7 «
3 7 «- 3 9« 8 7 - 3 9
1 0 «- 14% 12%- 13« 11 - 13
8
6
«
4
0
«
38%4
0
«
3
6
«
38
7
«
12«,
T ru s t receipts...............
7 « - 10% 10 - 12«
36 - 3 9 «
8 « - 1 4 « 12%- 17% 1 4 - 1 8
16 - 2 2 « 1 9 « - 25
T o l. dk Ohio C e n tra l...,
2 1 « - 25
1 7 «- 23
P r e l . .. ..............................
2 1 - 2 8 % 19 -2 7 %
2 6 - 33
Union P a c ific ...................
30-37
3 8 «- 3 8 «
48 - 56% 47%- 5 4 « 4 4 « - 51%
4 6 « - 56] 51 - 62! 5 6 « - 6 3 «
U tica dk B la c k R iv e r ...
48-52
4 7 « - 52% 5 1 « - 58% 5 4 « - 5 7 «
52%- 59
5 4 « - 6 2 « 5 8 « - 6 3 « 58%- 66% 5 7 « - 6 8 «
U tah C e n t r a l....,...........
121 -125 120 «-1 2 4« 1 2 0 «-] 21
117«-121« 120 -120 120 -121
V irgin ia M id la n d ...........
22-22
15 - 16
11 - 11
15%- 18
21-30
W a b . St. L ou is d kPac..
22-27
28
2
9
«
0
«
12
%
2
8
2
8
9
%
11
9
1
1
«
30-30
P re f ....................................
2 7 327
0 « - 5 1 « 39 - 46
7-10 «
6 - 7 %
7 - 10« 9 - 9
1 7 «- 22% 18%- 2 0 « 1 7 «- 21
13
13
1
5
«
19
P u r . Com . R ec’ pts.......
14 - 18
15 - 17
19%- 19%
2
7
2
7
P r e l . . . . ...........................
12 - 1 5 « 14 - 2 0 « 17%- 19
1 7 «- 20% 1 8 «- 21% 19 - 21«, 19 - 2 1 «
TELEGRAPH .
28%- 26
16%- 24%
24%- 32
29 - 81% S0%- 35
83 - l
3 4 «- 3 8« 3 4 «- 38« 3 0 «Am erican D istric t..........
%
30-30
85
3
5
3
5
85-40
B ank ers’ dk M erchants 1
39-44
39-40
42-45
2 « - 3%
4
1
«
4
1
«
3
2
«
2
J
3
9
4
1
Com m ercial T e l., prel.,
2% - 2%
2%- 3
2« - 2% 3 « - 3}
M e xican ..............................
115 -115 115 -115 110 -115
105 -105 103«-103« 108«-108%
W estern Union.. . . . ... .
110 -115 115 -115
08%- 75% 70%- 75 x62%- 7 8 «
6 2 « - 67% 6 0 « - 6 3 « 60%- 66%
1 2 2 « -m «
6 4 « - 70
e xp r e ss.
68%- 67% 6 5 « - 7 4 « 7 2 « - 7 9 « 77%- 8 0 «
6 7 «- 7 9 «
A dam s........................
144 -1 4 9 « 145 -150 145 -148
145«-14S !143 -148 141 -144 142 -1 43 «'
138 -144 140 -1 4 2 «
141 «-1 4 3«ll4 0 «-14 4 136«-140
* E x rights.
[VOL. X L IV .
T H E C H R O N IC LE .
50
COURSE OF PRICES OF RAILROAD AND MISCELLANEOUS S T O C K S -C oncluded .
Ju l y .
JANUARY F e b b ' r y .
STOCKS.
A m e ric a n ..........................
United S ta tes.................
W e lls« F argo dc C o......
I0 l«-1 0 4 102 -106 104«-106« 106 -1 0 6 « 103 «-1 0 8« 106 -110
60-66
51 - 68
08 - 65
6 2 « - 60 63 - 66
62)4- 65
1 19 «-122« 122 -1 2 5 « 119 -124 120 -125 120 «-1 2 0 125«-180
C O A L Sc M IN IN G .
C a m eron C o a l...............
C o lorado C oal Sc Iron
C onsolidation C o a l........
H o m e sta k e M ining........
M a ry la n d C o a l.................
N e w C entral C o a l...........
O n ta rio S ilv e r M ining..
P ennsylvania C o a l..........
Q u ick silver M ining........
F r e t ....................................
T e n n e sse e Coal Sc Iron
V A R IO U S .
Canton Co............. •••••
C onsolidated G a s .......
D e l. Sc Hudson C anal
J o li e t S teel C o ............
N . V . Sc T e x a s L a u d ..
O regon Im provem ’ t Co.
O regon R ’ y Sc N a v . C o ...
Paotjdc M a ll S . S ..............
F ilila . Co.» N at. G a s ....
F a llm a n P alace C a r ....
20
17-21
2 4 « 28 - 2 5 «
20
2 0 « - 22
20
11 - 1 3 «
11
11 - 14
■ 11
I l - 11«
29-80
2 9 29 ■ 29
260 -262
4 «- 6
0«- 6«
7
20 - 20« 21 - 2 4 «
2 3 « 22 - 2 2 « 2 1 - 2 2
40-43
43
41 -4 6 « 89
88-50
9 - 1 6 « 1 2 «- '1 5 «
22 - 2 5 « 8 3 « - 2 5 «
28 - 8 1 «
20-20
20 - 22
22-28
1 1 «- 16«
1 0 «- 18
1 1 «- 15«
261 -261
7« - 8
24 - 25«
1 8 «- 17«
2 3 «- 27«
23-28
17-18«
I t - 12
10 - 1 8 «
Se p t ’ b e r . Oc to be r . No v ’ b e r .
AUGUST.
Low.H Igh L ow . H lgb Low .H igh Low .H igh Low .H igh Low .H igh Low .H igh Low .H igh
Low.H igh Low.High Low.High
1 4 « - 1 6 « 15
2 1 « - 2 5 « 21
2 8 23
1 8 « - 19
9 « - 10
«
106 -110
61-65
129 -ISO
107 -109 108 -111 105«-10S «j
5 8 «- 64«
6 3 « - 6 5 « 62 - 65
122«-130 126 -1 2 8 «
1 7 « - 1 9 « 1 5 « - 1 8 « 1 6 « - 1 9 « 15 - 19
2 5 «- 3 0 « 28 - 2 9 « 28 - 8 4 «
2 3 « - 29
25-27
1 7 « - 20
19 - 2 0 « 19 - 19
22 - 22
14 - 1 8 «
10 - 15
1 1 «- 15«
13 - 16
1 1 «- 1 1 « 1 0 «- 14
11 - 11
2
6
«
25 - 26
25
29 - 2 9 « 2 7 « - 29
5 «- 0 «
5 «- 8
2 2 « - 26
23-29
4 2 « - 5 0 « 51 - 66
1 8 «8 3 «2 7 «17 17 16 2 4 «-
25 - 4 3 «
3 3 «- 4 1«
28-28
11 - 16
17«- 1 7 «
14 - 1 8 «
22 - 2 3 «
27«
40«
29
18
20
20«
25
6 -9
6 «- 0 « 6 «- 7 «
23 - 25
2 3 «- 2 4 « 2 4 « - 2 8 «
64 - 7 4 « 74 -104 l37«-118
5 «22 54 -
64 - 61
80-80
7 7 « - 8 0 «] 78 - 8 3 « x7SM -8 7 «
98M -108« 103 -108 ;x l0 4 « 108
105 -1 8 0 «
140 «-1 7 8«
155 -180
30 - 4 8 «
2
9
«
8
0
«
22
3
0
«
20
2
8
«
- 20« 16 - 2 8 « 18 - 2 0 «
2 5 « - 2 9 « 2 1 « - 80 I 2 8 « - 8 1 « 2 0 « - 2 3 «
9 S «-1 0 9 « 107 -1 0 9 « 101«-109« 104 -1 09 «] 1 0 3 «-1 0 7« 105 «-1 0 9«
95 -1 0 1 «' 93 -101
99 -1 0 8 « 1 00 «-1 0 4« x93«-104
5 6 « - 59
5 1 « - 5 7«] 5 3 « - 5 6 «
5 4 «- 59
6 4 « - 67 I 49 - 5 9 « 49 - 6 8 « 5 1 « - 6 8 « 60 - 5 4 « 5 1 « - 6 6 « 5 3 « - 5 7 «
. . . . - . . . . 102«-105 112 «-1 3 0«
188
-1
4
6
«
143
-1 4 7 « 14l«-145
1 32 «-1 8 5 « 183 -1 8 7 « 129 -184 181 -185 |128 -183 jl82«-137 1 35 «-1 3 7« 1S2«-187«
58-60
61 - 65
5 8 « - 61
5 9 «- 5 9«
5 0 «- 60
79-88
111 1 06«-110« 93 -1 1 0 « 7 5 « - 95 x 7 4 «- 8 1 « 7 8 « - 8 4 «
9 6 «-1 0 1 « 9 6 «-1 0 0 « 97 -101
9
9
«
9
6
«-1
0
2
«
9
3
«
108K 9 8 «-1 0 6 «
70-82
9 8 «-1 0 6 «
123 -181
37 - 51
x98 -1 0 7 «
4 5 « - 57
105 -128
18ö«~148«
E x-rights,
1 8 9 «.
COTTON
CO N SU M PTIO N A N D
OVERLAND
M O V E M E N T TO J A N U A R Y 1.
W e present our readers to-day with a detailed state
ment of the overland movement to January 1, and receipts,
exports, spinners’ takingp, &c., during the same period^
1885.
1834.
2 2 4 ,8 7 6
108 ,90 8
79,4 67
10,436
3 3,000
1 4,152
2,685
59,8 68
7,502
6 0,9 49
69,8 08
5 ,1 0 3
256 ,01 7
1 21 ,73 3
3 7,7 59
1 5,5 68
31.214
22,6 73
9 ,5 3 6
38,311
37,147
5 7 ,5 8 0
6 5 ,9 7 0
5,2 2 4
1 6 6 ,2 4 7
8 6 ,8 7 9
9 5 ,7 6 3
1 3 ,9 8 2
1 9 ,3 3 6
2 6 ,7 7 5
14,431
2 3,8 95
4 85
3 5,3 28
2 9,0 27
1 ,7 9 9
6 7 6 ,7 5 6
T o ta l g ross o v e r la n d ............................
ed u et—
1 19 ,55 5
R e ce ip ts o v e r la n d at N .Y ., B oston ,A c.
S hip m en ts b etw een (or South from )
19,2 00
W estern in te rio r t o w n s ......................
D ed u ct a lso S hipm ents in la n d a n d Tale■
in g s f o r Southern C onsu m ption
fr o m the fo llo w in g S outhern ports—
6 9 8 ,76 2
5 1 3 ,8 9 7
1 0 4 ,5 0 6
1 0 7 ,4 3 8
S a v a n n a h ................................................... 1
C h a rle sto n ................................................. 1
'* T h e m o n th 's m o v em en t in 1886 estim ated .
3 28
3,0 1 3
T o t a l t o he d e d u cte d ............................
1 63,014
173,670
1 5 5 ,9 4 9
5 1 3 ,74 2
5 25 ,09 2
3 5 8 ,0 4 8
1 8 8 4 w e r e 9 ,0 7 7 bales.
RECEIPTS, EXPORTS AND SPINNERS’ TAKINGS.
As indicated by our weekly statements, there has been a
still further increase during December in the receipts at
the ports as compared with either last year or the pre
ceding year. The total for the season to date now is
3,755,798 bales, a gain over 1885 of 161,160 bales, whil
the increase over 1884 reaches 93,593 bales. Foreign exe
ports have been of very large volume during the month, reaching 882,671 bales, against 647,824 bales in 1885 and
838,327 bales the previous year.
Contrasted with the
similar period of the two previous years, the aggregate for
the four months exhibits an excess which over 1885 is
264,504 bales and over 1884 reaches 407 bales. Oar
usual table of receipts, exports and stocks is as fol
OVERLAND FROM SEPTEMBER 1 TO JANUARY 1.
13,"! 06
4,628
455 1
2,33< it
782
3 ,1 8 6
N orth C arolin a p o r t s ..............................
V irgin ia p o r t s ....................................... .
L e a v in g to ta l n e t overlan d f ..............
There has been a liberal movement of cotton by rail
overland during the month, the gross shipments reaching
261,557 bales and falling but 18,452 bales below the total
f jr the c o ret ponding month in 1885. Compared with
D jetmber of 1884, however, there is an increase o 54,165
biles. For the four months of the current season the
aggregate is 676,756 bales, against 698,762 bales last year
a n l 51?, 897 bales two years ago, a decrease contrasted
with the former of 22,006 bales and a gain compared with
t ie latter of 162,859 bales. The net for December is in
excess of that for the same month of either of the two
preceding years, the total being 192,376 bales, against
183>955 bales and 130,193 respectively in 1885 and 1884;
the season’s total, therefore, approximates closely to that of
last year, and records a very decided increase over 1884.
In the subjoined table will be found the details of the
movement over the various routes for the four months in
each of the last three years.
1886.
802
2,7 6 6
t T his to ta l in clu d es shipm ents t o C an ada b y raU. w h ic h sin ce Sept. 1
In 1 8 8 6 , am ou n ted to 21,2 47 bales, in .1 8 8 5 w ere 21,0 61 b ales an d in
OVERLAND MOVEMENT TO JA N U A R Y 1 .
S h ip p ed sin ce Septem ber 1—
F r o m St. L o u i s ..............................................
O v e r Illin ois C en tra l...................................
.O v e r C airo <fe V in ce n n e s ............................
O v e r th e M ississippi R iv er, a b o v e St. L,
O v e r E va n svU le & T erre H aute *.........
O v e r J efferson vttle M ad. & I n d .................
O v e r O h io & M ississippi B ra n ch .............
O v e r LouisvilleC inoinn ati «fcLexington.
R e ce ip ts a t Cin cinnati b y O h io R iv e r .. .
R e ce ip ts a t C in cinnati b y Cin. S outli’ru
O v e r oth er rou tes ..........................................
S h ip p e d to m ills, n ot in olu d ed a b o v e ...
198 1 .
1835.
4 8 ,8 8 2
3 4 ,3 1 1
lows :
Receipts Receipts E X P O R T S s i n c e S E P T . 1, 1886, T O —
utOChe
since
since
Jan. 1,
Conti
Sept. 1, Sept. 1, Great
Total.
France.
nent.
1885. Britain*
1886.
48,569 256,387 £.127,057
24,690
183,128
538,825
580,281
c
781
Indianola, Ac.
651,168 434,720
154,882
1,110,369 1,139,717 318,805 177,481
41,058
10,554
10,554
158,037 157,328
34,909
16,860
10,575 126,719 ',321,867 130,774
655,771 588,857 184,573
Movement from
Sept. 1.1860, to
Jan. 1, 1887.
11,6481
Brunswick, Ac.i 22,681
¡ 324,130 378,207
8,778
13,453
76,566
115,564
W ilmington.
4,189
3,288
Moreh’d C.,
890,510 306,228
N orfolk.......
227,671 184,009
32,525
47,239
New Y o r k .
35,774
33,891
B oston......
21,434
19,796
Baltim ore.
14,778
5.
19,126
197,610
40,459
6,418
79,135
21,395
4,206
115,815
1,095
12,102
1,221
194,543
48,745
382,480
60,881
70,927
23.326
52,683
9,004
215,488
11,000
14,837
10,155
80,271
96,194
81,154
69,867
2,850
.....
•••*♦•
194,543
42,389
240,827
59,786
55,795
22,104
2,150
25,838
8,030
1,462,642
282,806
552,184 2,297,634 1,118,884
T otal 1885...
3,594,636»1,113,971
212,405
706*751 2,033,135 1,181,538
Total 1884...
3,662,205,1,353,015i| 230,484
707,73]LJ2,297,22 1,017,327
T otal 1 8 8 6 ...
. 3,755,79c
....
* G reat B ritain exports include to th e Channel.
23t
3,386
8,194
68'
4 .2 1 '
2 ,3 0 0
5 ,6 8 7
316
1 ,9 2 9
Using the facts disclosed by the foregoing statements,
we shall find that the portion of the crop which has reached
a market through the outports and overland, and the
Southern consumption since September 1, this year and
the two previous years, is as follows.
Jan u ary
9 1887.J
T H E C H R O N IC L E
1886.
1885.
1884.
R e ceip ts a t th e p orts to Jan . 1 ___ bales. 3 ,7 5 5 ,7 9 8 3 ,5 9 4,63 8 3 ,6 ^ 2,20 5
N et shipm en ts ov erla n d d u rin g sam e tim e 5 1 3 ,7 4 2
5 2 5 ,0 9 2
3 58 ,04 8
T o ta l re c e ip ts .................................. hales. 4 ,2 6 9 ,5 4 0 4 ,1 1 9,73 0 4 ,0 2 0 253
S outhern con su m p tion sin ce S eptem b er 1.
1 5 0 ,0 0 0
131 ,00 0
1 15,000
T ota l to Jan . 1 .............................. bales. 4 ,4 1 9 ,5 4 0 4 ,2 5 0 ,7 3 0 4 ,1 3 5,25 3
51
1 =
=
—
=
>
It will be noticed that the movement up to January 1
shows a decrease in the average weight as compared with
the same period of last year, the average this year being
490'01 lD3. par bale, against 490-28 lbs. per bale for the
same time in 1885 and 481-92 lbs. in 1884.
The amount of cotton marketed since September 3 in
THE *COTTON GOODS TRADE IN DECEMBER.
1886 is thus seen to be 168,810 bales more than in 1885 and
The demand for staple cotton goods was only moderate
284,287 bales more than in 1884. To determine the portion during the month, but the tone of the market continued
which has gone into the hands of Northern spinners during firm, and some brands of brown sheetings, &c., were
the same period, we have prepared the following.
slightly advanced by the mill agents. Print cloths were
T o ta l re c e ip ts to J a n u a ry 1 ,1 8 8 7 , as a b o v e ........................b a les.4 ,4 1 9 ,5 4 0
in fair demand and steady in price, with an upward
S tock on h a n d com m en cem en t o f y e a r (Sept. 1 ,1 8 8 6 ) —
tendency at the close of the year. Stocks of plain and
A t N orth ern p o rts .................................... 1 3 2 ,6 3 2
A t S outhern p o r ts ...................................
4 1 ,0 9 6 —1 7 3 ,7 2 8
colored cottons in the hands of agents and at the mills
A t N orth ern in terior m a r k e t s .. ..,........................
4 ,2 9 8 — 1 7 8 ,0 2 6
are probably smaller than at any time since the war, and
T o ta l su p p ly to J a n u a ry 1 ,1 8 8 7 ................................................ 4 ,5 9 7 ,5 6 6
a
firm market for months to come seems to be pretty well
O f this s u p p ly th ere has been e x p o r te d
to foreig n p o rts sin ce Sept* 1, ’ 86 . . .2 ,2 9 7 ,6 3 4
assured. The export movement was of very fair propor
L ess fo re ig n co tto n in clu d e d ....................
1 ,5 2 5 —2 ,2 9 8 ,1 0 9
tions, and several brands of Eastern and Southern
S en t to C anada d ir e c t fro m W e s t ..........................
2 1 ,2 4 7
sheetings and drills are largely under the control of
B u rn t N orth and S o u t h .......................
1 ,7 0 1
S tock on ha n d en d o f m on th (Jan . 1 ,1 8 8 7 )—
export orders.
A t N orthern p o r t s ..................................... 2 5 1 ,4 7 5
A t Southern p o r t s .................................... 8 6 7 ,4 0 9 —1 ,1 1 8 ,8 8 4
1 4 ,7 4 0 —3 ,4 5 2 ,6 8 1
A t N orthern in te rio r m a rk ets................. ...............
T o ta l ta k in gs b y spin n ers sin ce S eptem b er 1 , 1 8 8 6 . .b a le s 1 ,1 4 4 ,8 8 5
T a k en b y S outhern s p in n e rs ........................................................... .
1 5 0 ,0 0 0
T a k en b y N orthern spin ners sin oe S eptem ber 1 , 1 8 3 6 ................. 9 9 4 ,8 8 5
T a k en b y N orthern spin ners sam e tim e in 1 8 3 5 ............. .............. 1 ,0 5 7 ,2 1 9
D ecrea se in tak in gs b y N orth ern spin n ers th is y e a r ..........hales
6 2 ,3 3 4
The above indicates that Northern spimlers had up to
January 1 taken 994,885 bales, a decrease from the c o r
responding period in 1885 of 62,334 bales and an increase
over the same time in 1884 of 187,548 bales.
AMOUNT OP CROP NOW IN SIGH T.
In the foregoing we have the number of bales which
has already been marketed this year and the two previous
seasons. A n additional fact of interest is the total of the
crop which was in sight on January 1, compared with
previous years:
1 88 6 .
188 5 .
188 4 ,
T o ta l m ark eted, as a b o v e ___b a les.
In te rio r stock s in e x c e ss o f S ept. 1
4 ,4 1 9 ,5 4 0
¿9 5 ,5 0 5
4 ,2 5 0 ,7 3 0
5 2 7 ,7 0 7
4 ,1 3 5 ,2 5 3
3 3 9 ,0 0 0
T o ta l in s ig h t.................. ..b a le s .
4 ,8 1 5 .0 4 5
4 ,7 7 8 .4 3 7
4 ,4 7 4 .2 5 3
This indicates that the movement up to January 1 of
the present year is 36,608 bales more than in 1885 and
340,792 bales greater than in 1884.
A s it will interest the reader to see what has come into
sight each month of the season during this and previous
years, we have prepared the following, which shows the
movement for the last four seasons.
Months.
188 6 .
18S5.
1 88 4 .
4 34,838
1 ,3 3 2,90 1
1 5 7 9 ,53 9
1 ,4 6 7 ,7 6 7
4 8 5 ,5 5 2
1 ,3 6 0 ,8 7 0
1 ,4 4 3 .4 3 3
1 ,4 8 8 ,5 8 2
4 1 3 ,8 3 6
1 ,3 0 9 .1 1 1
1 ,3 9 0 ,9 0 2
1 ,3 6 0 ,4 0 4
4 5 0 ,0 4 7
1 ,3 2 5,71 6
1 ,3 1 7,77 3
1, 264,816
T o ta l 4 m on th s.
4 ,8 1 5.04 5
4 ,7 7 8 .4 3 7
4 ,4 7 4 .2 5 3
4 ,3 5 8 .3 5 2
W EIGH T OP B ALES.
To furnish a more exact measure of the receipts up to
January 1, we give below our usual table of the weight
of bales.
N u m b er o f
B ales.
W eight in
P ou n d s.
T e x a s .................
L o u isia n a ......... i
A la b a m a ...........
G e orgia *.............
S ou th C arolin a.
V ir g in ia ...........
N orth C arolin a.
T en n essee, & c ..
5 80 ,23 1
1 ,1 1 9 ,3 6 9
1 5 8 .0 9 7
6 9 4 ,8 1 2
3 3 7 ,6 4 2
6 2 7 ,1 9 0
1 1 8 ,8 5 2
7 8 3 ,2 9 7
3 0 0 ,1 3 2 ,9 3 9
5 4 4 ,1 2 5 ,2 7 1
7 8 ,8 9 0 ,4 0 3
3 3 3 ,0 4 4 ,2 3 6
1 5 9 ,7 0 4 ,6 t 6
2 9 9 ,1 6 9 .6 3 0
5 5 ,8 t0 ,4 4 0
3 9 4 ,7 1 1 ,1 9 1
T o t a l . . . . . ..
4 .4 1 9 .5 4 0
2 .1 6 5 .6 3 8 ,7 7 6
' I n clu d in g F lo r id a .
Sam e
Sam e
p e r i ’d in p e r i’d in
1885.
1884.
A vera g e A vera g e A vera g e
W eight. W eight. W eight.
517 -2 2
4 8 3 -1 0
49900
4 7 9 -3 3
4 7 3 -0 0
47700
47000
503-91
430-01
Oott’ n P rin t
low
in g
m id cloths,
d lin g. 64^64
l ................. S l l u 3-38
81*1« 3-38
3 ................. 83»
3-38
8 3»
4
.....................
3-38
5
.....................
.. S ...
6 ................. 813,, 3-36
7 . . . . . ........ 815 * 3-38
8 ................. 6 |0ie 3-38
9 ................. 9*18 3 38
10................. 91 1« 3 38
11................. 9
3-38
12.................
S ...
1 3 . . . . .......... a
3-38
1 4 ................. 91 16 3-38
1 5 ................. 9
3-38
1 6 ................. 9
3-38
1 7 ................. 9
3-38
1 8 ................. 9
3-38
1 9 .................
...S ...
20................. 8 i5 le 3-38
21 ................. 815;« 3 38
22 ................. 816;« 3-38
2 3 ................. 8*5,« 3-38
2 4 ................. 815!, 3-38
H ’duy
2 6 .................
.. S ...
2 7 ................. 815;« 3-38
2 8 ................. 8 ,3 ie 3-38
2 9 ................. 31*18 3-3$
3 0 ................. 9
3-3$
3 1 ................. 9
3-38
519 -6 1
483 -1 2
50900
491-63
48000
4 7 7 -0 0
47000
489 -2 2
516 -7 2
4 7 7 -0 0
498 -0 0
4 7 1 -5 0
4 7 4 -0 0
4 7 0 -0 0
4 6 7 -0 0
496-75
4 90 28
4 « 1-9-2
1885.
1 88 4 .
Sheet Oott’ n P rin t- Sheet Oott’n P rin t
in g s. low
in q
in g s. tow
in g
stan d m id cloths, stan d m id C tO ih S y
a rd . d lin g. 64x64 a rd . dlin g. o4 x Q l
63»
2 .................
6%
63»
63»
63»
6%
63»
63»
63»
6%
63»"
6%
63t
63»
63»
63i
7
7
7
7
7
7
7
7
7
7
9
9
9
9
9
3-19
319
3-19
3-19
319
6%
6%
6*
6 Hi
03»
3 19
815,« 3-19
319
8 76
8 7s . 3 1 9
319
813,« 3 1 9
. . . 3. . .
813,6 3-19
b%
319
83t
319
813,6 3-10
813,« 3-16
813,« 3-16
63»
6 Hi
63»
63»
63»
63»
63»
63»
6%
63»
63»
63»
3.-16
8 7S
313
8 7S
8 1 3 * 3-13
813,6 3-14
63»
63»
63»
6%
... 8...
... 8 .,
•• « ... 3 1 3
83»
83i
83»
83»
314
313
3-13
3 -1 3
63»
63»
63»
63»
63»
lol,e
1018
10» l6
IC »8
lo »a
10*8
3-19
319
3-19
3-19
319
Sheet
in g s,
sta n d
a rd .
7*4
7*4
7*4
7*2
7*4
. S ...
3- 19
7*4
3-19
7*4
3-22 7*4
322
7*4
3-22
7 Í
714
3-22
8. .
10
3 22
7*4
3 -2 2
10P8
7*4
l Ol l j e 3*22
7*4
1058
3-23
7*4
10U ,6 3-22
7*4
LOU;« 3 -2 2
7*4
1058
1058
10» ,e
10» l6
10» i„
10» , «
103»
3 -22
1013,6 3-20
103»
3 20
7*4
7*4
7*4
103»
Lo3l
3-20
Y *i
103»
103»
103»
3-20
3-19
3-19
7*4
7*4
7*4
T he a b o v e p rices a re —F o r co tto n , lo w m id d lin g u p la n d a t N ew Y ork
fo r p rin tin g clo th s, m an u fa ctu rers’ p rices; fo r sheetin gs, a g e n ts’ p r ic e «
w h ich are su b je ct to au a v e ra g e disooiln t o f 5 p e r ed n t.
TH E D E B T S T A T E M E N T FO R D ECEM BER, 1685
The following is the official statement of the public debt aa
it appears from the books and Treasurer’s returns at the close
of business Dec. 31, 1886, according to the new form adopted
April 1, 1885.
IN TER E ST-B E AR IN G D EBT.
1883
S ep tem b er.............
O c to b e r..................
N o v e m b e r .............
D e c e m b e r.............
F o u r M onths en d in g Jan . 1 ,1 8 8 7 .
188 6 .
D ec.
Character o f
Amount Outstanding.
Inter’t
P ’y ’ble Registered.
Coupon.
Int. Due Accrued
&Unpaid. Interest.
$
8 s....... O ption.
4 )¿ s ....... 1891.
4s.............1907.
is refd g.certfs.
8s, pension ..
P acific RKs. . .
Q .-F .
Q .-M .
Q .-J .
Q .-J .
J.& J.
J.& J.
A ggregate. . . . . . . .
63.899,000
203.057.800 46,943.200
616,434,830 121,347,000
*84,623,512
63,899,000
250,000,000
737,781,850
190,100
14,000,000'
*64,623,512
$
I
12,232
319,495
559,58 L 937,500
182,827 7,377,818
57,1.30
1,901
210,000
210,000
32;129 1,938.705
948,015.162 168.2S9.200 1.130,494,482 1.053,800 10,785,419
* 2,362,000 m ature Jan. 18,1895; 5640,000 N ov. 1.1895; 53,680,000 Jan. 1,1896;
54,320,000 Feb. 1,1896 ; 59,712,000 Jan. 1,1897; 529,904,952 Jan. 1,1898; 514,004,660
Jan. 1.1809.
DEBT ON W H ICH IN TEREST H AS CEASED SINCE M A TU R ITY .
A ggregate o f debt on which Interest has ceased since m aturity is 53,874,8651
interest due and unpaid thereon , 5211,336.
DEBT BEARIN G NO IN TER E ST.
Amount.
$57,325
846,681,015
Less am ount held in Treasurer’s cash.................
Less am ount held in Treasurer’s cash. . . . . . . . . . .
Less am ount held in Treasurer’s ca sh ................
Less am ount estim ated as lost or d estroy ed ....
A ggregate o f debt bearing no in terest................
6,710,000
200,0006,510,000
121,701,409
27,485,804— 97,215,605
124,585,102
7,338,433— 117,246,670
15,329,636
8,375,984—
6,958,70(3
$574,664,318
TH E C H R O N IC L E
52
R A IL R O A D E AR N IN G S.
RECAPITULATION .
Interest.
Principal.
nterest-h eorlng debt—
................................................
4S........................*....... ........
3b............................................
R efunding certificates, 4 s..
N avy Pension fund, 3 s ......
Pacific R R . bonds, 6 p. c t ...
D ebt on w hich Int. has ceased
D ebt bearing no Interest—
Legal tender notes, AC........
C ertificates o f deposit........
G old certificates. ................
Silver certifica tes................
Fractional ourrency............
Total.
9
$
9
9
250,000,000
737,781,850
63,899,000
190,100
14,000,000
64,623,512—1,180,494,462 11,838,720 1,142,333,182
9,066,192
211,836
8,874,855
346,788,341
6,510,000
97,215,605
117,246,670
6,953,702— 574,664,318
574,664,318
1.714,038,635 12,050,057 1,726,083.698
Less cash Items available fo r reduction o f the debt. ...$241,903,564
Ii6§s reserve held fo r redem ption o f U . 8. n otes........... 100,000,000 9341,902,564
1,884,181,128
T otal debt, less available cash Item s........... ................
42,196,632
1,341,934,495
D ebt, less cash In the Treasury, Jan. 1,1887......................
D ebt, less cash In the Treasury, D ec. 1, 1886....................
9,858^
D ecrease o f debt during the m onth...................................
U N ITE D STA TE S T R E A S U R Y ST A TE M E N T.
The follow ing statement for December, from the office of
the Treasurer, has been issued. It is based upon the actual
returns from Assistant Treasurers, depositaries and superin
tendents of mints and assay offices, and shows the condition o f
the United States Treasury December 31; we give the figures
for November 80 for comparison:
N o v e m b e r 80, 1886.
D ecem ber 81, 1886.
G o ld —Coin.
B u llion ....
Asset* and
Liabilities.
Balance*.
Asset* and
Liabilities.
Balances.
9
187,196,597
80,981,421
9
9
185,730,178
68,720,676
9
Total gold........... (Asset) 268,128,018
Certificates Issued........ 124,701,409
Certificates on b a n d .... 27,485,804
Certlflo’s, net.(LiaWlttv) 97,215,605
{N e t gold In treasury.
ILVER—Dollars, stand’rd 188,506,238
4,789,877
Bullion.................
" Total silver......... (Asset) 193,245,615
Certificates Issued........ 124,585,102
7,838,432
tjCertlflcates on hand
Certlflo’s, net.iLidbilityu) 117,246,670
Net silver in treas’y
V . States notes.. . .(Asset) 29,679,326
6,710,000
Certificates issued........
200,000
Certificates on h a n d ....
6,510,000
Certlflc’s, net.(I4aMl{tv)
Net U.S.notes in treas.
National Bank notes.......
Deposits in Nat. Banks..
B a la n c e s ... .(A sset)
P u b l ic D e b t a n d I n t .—
Interest due, unpaid....
Accrued In terest..........
Matured d ebt................
Inter’t on matured debt
Debt bearing no inter’st
Int. on Pao. E E . bonds
i
due, unpaid....
A cc’d Int., Pac. E R. b ’ds
254,450,854
124,990,327
34,409,694
170,912,418
184,911,938
4,091,388
75,998,945
80,573,188
7,805,000
280,000
21,006,103
4,201
ÌÒ0,000,000
notes o f Nat. Banks.... 90,509,783
Fund held for redemp. of
Nat. gold bank notes...
92,499
Five p. c. f ’nd for redemp,
9,599,415
o f N at. Bank notes......
87,017,839
200,201,697
197,100,947
2,348,557
197,416,427
2,736,066
27,570,687
630,152
8,315
174,571
11,355
695,395
Portland Canal Co. ...
treasurer’s transf’r ch’ki '
4,045,218
and drafts outstanding
461,895
8,165,076
375,295
231,849
34,001,530
2,580
89,981,651
10,567
Aggregate net Asset.......
33,998,950
Decrease.
9 ,9 4 3
11,4 51
1 3 3 ,0 6 5
3 48
9 ,7 4 6
5 3 ,0 5 2
6 ,3 1 0
8 6 ,2 5 6
150,603
94,389
9,072
111,447
593
4,459
166,970
33,968
2 4 ,2 8 6
1 2 ,0 46
4 ,6 2 0
1 1 1 ,50 8
13,8 03
6 0 ,0 0 0
8 9,9 93
6 5 .0 2 7
1 0,0 78
562
7 ,5 9 6
QO
1 9 ,2 2 0
1 04 ,40 7
13,6 01
12,668
2 ,431
1 1 ,9 2 9
2 1 ,5 4 6
8 46
2 ,2 1 4
2,010
6 1 ,1 5 6
1 0 0 ,0 6 0
3 ,8 6 6
180
2,9 5 5
2 3 ,7 1 7 1
6 9 ,5 2 8
23,9971
1 1,460,
3 9 ,7 2 8
159,116
l,1 6 j
1 ,4 9 0 ,5 0 0
F in a n c ia l
B l a r k e t s -P e r C a b le .
The daily closing quotations for securities, & c., at London
are reported by cable as follow s for the week ending Jan. 7:
Sat.
M on.
463s
lOOISjg
lO H is
82-70
11318
1311s
69 78
9 3%
35%
137%
5 8%
1 9%
117%
S ilv e r, p e r o i . . . . . ___ d .
C onsols f o r m o n e y .. . . . .
C onsols f o r a c o o u n t .......
Fr’ oh re n te s (in P a ris) f r
D. S. 4 i* b o f 1 8 9 1 ............
D. 8 . 4 s o f 1 9 0 7 ...............
C an adian P a c ific ............
Chio. M il. A St. P a u l .. ..
B rie ,co m m o n s t o c k . . . .
Illin o is C e n tra l...............
P e n n s y lv a n ia ..................
P h ila d e lp h ia A R ead in g
N ew Y o r k C e n t r a l...
Tues.
46%
100%
100%
8 2 ’ 75
113%
131
69%
92%
3 4%
137 %
58%
19%
117
Wed.
Thurs.
F r i.
4 6%
lO O lljfl
100%
82-65
113
130%
69%
92
34%
137 %
5 8%
19
116%
467, e
1001116
loO iSie
8 2 -5 2 %
112%
130%
68%
92%
34%
137
58
1 9%
1 16 %
46%
1009ia
io o %
82-5 2 %
112%
129 %
68%
93%
3 4%
137
58
20%
¡116%
N a t io n a l B
a n k s .—
The follow ing national bank has lately
been organized:
3. 612—T h e U n ited States N a tion a l B a n k o f A tch iso n , K a s. C apital,
$250,000. G eorge Stoioh, President; F. W. Hunton, Cashier.
94,079
25,515
Assets not available—
Minor c o in .,................
Subsidiary silver coin.
19,089,177
9,989,629
781,111
t
..........
..........
60,1 65
8 63 .00 0
1 27 ,84 5
7 1 3 ,6 7 2
1 82 ,54 3
170 ,37 5
2 .2 5 0 .0 0 0
2 .1 2 2 .0 0 0
5 6 0 ,2 0 0
2 1 4 .7 7 8
6 15 ,62 6
98,1 81
6 1,5 37
1 ,4 2 8 ,1 4 8
2 3 4 ,7 0 0
2 0 9 ,9 7 3
5 5 ,3 7 4
1 84 ,22 3
1 ,2 7 5 ,7 2 0
1 5 5 ,5 9 5
6 9 0 .0 0 0
4 3 6 ,69 0
1 7 2 ,27 5
5 6 ,9 0 4
3 0 6 ,6 8 6
4 4 ,3 5 2
9 6 .7 9 2
2 4 8 ,21 3
8 79 .77 8
7 4 ,8 9 5
3 3 5 ,4 6 4
121 ,72 9
6 4 .4 2 0
5 4 ,1 88
4 0 .4 2 0
9 ,9 4 0
1 0 4 ,3 3 0
230 ,65 1
4 7 2 ,6 0 2
1 23 ,2 o 6
6 8 7 ,0 3 0
4 4,5 92
9 3 ,5 2 7
1 ,1 4 1,32 0
1 41,987
30,951
54.7 93
$
1 2 2 ,5 5 4
4 8 ,7 1 4
7 2 9 ,9 3 5
1 2 7 ,4 9 7
7 0 3 .9 2 6
1 2 9 ,4 9 1
1 6 4 ,0 6 5
2 ,3 3 6 ,2 5 6
1 ,9 7 1 ,3 9 7
4 6 5 ,8 1 1
2 0 5 ,7 0 6
5 04 ,17 9
9 7,5 88
57,0 78
1 ,2 6 1,17 8
2 0 0 ,7 3 2
2 3 4 ,2 5 9
4 3,3 28
1 7 9 ,6 0 3
1 ,1 6 4 ,2 1 2
1 4 1 .7 9 2
6 3 0 ,0 0 0
3 4 6 ,6 9 7
1 0 7 ,2 4 8
4 6 ,8 2 6
3 0 6 ,1 2 4
3 6 ,7 3 6
9 6 ,7 7 0
228 ,99 3
775 ,37 1
6 1,2 94
3 48 ,13 2
1 2 4 .1 6 0
7 6 ,3 4 9
7 5 ,7 3 4
3 9 ,5 7 4
7 ,7 2 6
1 0 2 ,3 2 0
169 ,49 5
3 72 ,54 2
1 1 9 ,4 0 0
6 8 6 ,8 5 0
4 1 ,6 3 7
6 9 ,8 1 0
0 7 1 .7 9 2
1 1 7 ,9 9 0
19,491
1 5 ,0 6 5
(ffpmmitxial and latscjellatueuus M&ws
l,9e6,926
14,829,661
Increase.
1885.
$
132,497
' F o r fo u r w eeks en d ed D ec. 25.
L ond on.
1,962,725
iòb’.òoo.oòó
National banks.
83,488,504
’4 9 3 ,8 5 6 ,3 0 7
Debt and int.(Liability) , 20,930,289
Fract’l cur’cy redeemed
5,432
U. 8. bonds (tint, paid
ln t.ch ’cks & coupons p’d 6,095,196
redemption accou nt...
Fractional silver coin re
demption account......
B n f. K och . & P it ts b u r g ...
C airo V in . & C h ic...............
C an adian P a cific...............
C entral I o w a . . . .................
C h ica go & A lto n .................
C h ica go & A tla n tic.........
C h ica go & E ast. Illin o is .
Chlo. M il. & St. P a u l . . . . .
C h ica go & N o r t h w e s t ....
C hic. St. P . M inn. A O . . . .
Cin. In d . St. L. & O............
D e n v e r & R io G ra n d e ___
D et. L a n sin g A N orthern.
E v a n s v ille A T erre H —
"G ra n d T ru n k o f C anada.
G u lf Col. & Santa F e .. . . .
In d ia n a B loom . & W e st..
In d . D eo. & S p rin gfield ..
L o n g Is la n d ........................
L o u is v ille A N a s h v ille . . .
L o u isv . N ew A lb . & Chio
M anh attan E le v a te d . . . .
M e x ica n C entral............ .
M ilw aukee L. 8. & W e s t..
M ilw a u k ee & N o r t h e r n ..
M o b ile & O h io ....................
N. Y . C ity & N orthern . . .
N. Y . Ont. & W e s te r n . . . .
N o rfo lk A W e s te rn ...........
N orthern P a ciflo .................
P e o ria D e c . & E va n sville
R ich m o n d & D anville—
V irgin ia Mid. D iv ......... j
S outh C arolina D i v ----C olu m b ia & Gr. D iv . ..
W estern N o Car. D i v ..
W ash. O A W . D iv ........
St. J os. A G ran d Isla n d ..
St. L ou is A rk . A T exa s ..
St. L ou is A San F r a n -----St. P a u l A D u lu th ...........
St. P a u l M in. & M .............
Staten Isla n d R a p id Trst.
T o le d o A O hio Central
W abash St. L. & P a c ific ..
W isco n sin C en tra l.............
M inn. St. C roix & W is..
W iscon sin A M innesota
R n g lln h
29,548,188
173,476
10,720,818
32,340
1,616,588
4,752,084
23,318,597
1886.
7,025,000
28,169,826
327,065
18,133,923
32,130
1,938,705
P ost Office dep’t account
Disburs’g Offlcers’bal’ces
163,930,221
105,519,817
3 8 8 ,4 4 1 ,6 7 2
53,785,270
1M onth o f D ecem ber.
189,003,321
119,857,102
14,137,286
1,759,916
8,085,186
9,290,365
218,497
4,201
Nat. Bank notes in pro
Forty-eight roads have reported their earnings for the fu ll
month of December, showing a total of $18,473,947 this year
and $16,983,447 last year, the gain being $1,490,500, or 8% per
cent. Only six of the roads show any decrease.
T o ta l (48 r o a d s ) ......... 18,4 73 ,9 4 7 16,983,447
N e t in crease (8 ’7 7 p. c t .).
90,520,633
1,021,171
8,846,714
8,874,855
211,837
5,877
6,100,628
[VOL. XL1Y,
194,762,390
I m 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 .— The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general meban
dise.
The total imports were $8,965,059, against $7,5684,
the
preceding week and $6,972,974 two weeks previous. The ex
ports for the week ended Jan. 4 amounted to $7,141,137, against
$4,672,165 last week, and $6,398,913 two weeks previous. The
follow ing are the imports at New York for the week ending
(for dry goods) Dec. 30, and for the week ending (for general
merchandise) Dec. 31; also, totals since the beginning of the
first week in January:
FOREIGN IMPORTS AT NEW TOBK.
39,971,084
2 4 6 ,2 4 5 ,0 3 8
3 5 3 ,7 6 3 ,6 5 1
4 2 ,1 9 6 ,6 3 4
~ 4 0 ,0 9 3 ,5 5 6
131,422
25,660,935
163,585
25,808,067
67,988.991
66,065,208
F o r W eek.
1883.
1884.
D ry G o o d s ......
G e n ’l m er’ d ls e ..
$ 2,6 66 .5 4 4
5 ,3 9 5 ,4 3 6
$ 1,9 3 3 ,7 1 4
5 ,5 5 2 ,4 9 3
1885.
$ 2 ,6 1 8 ,2 8 1
6 ,9 1 5 ,9 3 6
1886.
$ 2,3 4 9 ,3 2 5
6 ,6 1 5,73 4
$ 8,9 6 5 ,0 5 9
$ 9 ,5 34 ,2 1 7
$ 7 ,4 8 6 ,2 0 7
$ 8 ,0 61 ,9 8 0
S ince J a n . 1.
$11
5 ,4 5 6 ,2 05
D ry G o o d s . . . . . . $ 12 1 ,8 2 9 ,2 1 5 $ 11 1 ,2 3 9 ,6 3 2 $ 1 0 0 ,5 4 2 .3 6 0
G en’l m e r’ d is e .. 3 38 ,91 1 ,8 3 5 3 1 3 ,6 7 6 ,6 1 1 2 8 8 ,58 8 ,2 3 2 3 18 ,8 3 8 ,9 6 8
T o ta l 52 w eeks. $ 46 0 ,7 4 1 ,0 5 0 $ 42 4 ,9 1 6 ,2 4 3 $ 3 8 9 .1 3 0 ,5 9 2 $ 4 3 4 ,2 9 5 ,1 7 3
JLU UlU
V VJ. VUv UAJ ftW UH VEMW
ports of dry goods for one week later.
J a n u a r y 8, 1887. J
Ä
Ä
ö
X
THE CHRONICLE.
S >rt
w e e k e n d in g J
a
n
53
“ f ,e r P ° r t s « e l u s i v e o (
. T
Ä
SS O S g Ç J S X Îig
I
g a u h l u g
#
*
F o r th e w e e k . ..
P r e v . r e p o r t e d ..
a u fi
1883.
1884.
1885.
1886.
$ 6 ,4 1 3 ,6 0 7
3 4 9 ,01 2 ,8 3 8
$ 6 ,3 9 3 ,7 5 7
3 3 0 ,5 1 4 ,0 0 6
$ 6 ,3 0 6 ,7 2 1
3 2 1 ,5 5 0 ,5 2 2
$ 7 .1 4 1 ,1 3 7
3 13 ,8 4 4 ,6 4 1
FORT
T o ta l 5 2 w eeks. $ 35 5 ,4 2 6 ,4 4 5
$ 33 6 ,9 0 7 ,7 6 3 $ 3 2 7 ,8 5 7 ,2 4 3 $ 3 2 0 ,9 8 5 ,7 7 8
SJttlTH
7
5
, 0
& TAN
F IR S T M O R T G A G E S I X
f f t t t a m
PER
0
0
t a l .
.
BUREN
BRIDGE
CO.’S'
C EN T S IN K IN G F U N D T W E N T Y
F IV E Y E A R G O L D C O U PO N BON DS, G U A R A N T E E D ,
P R IN C IP A L A N D IN T E R E S T , B Y T H E
188?and 1884: ^
d f ° r th® correePonding periods in
S T . L O U IS A SAN F R A N C IS C O R A I L R O A D C O .
G U A R A N T E E IN D O R S E D ON B ON DS.
E xp orts.
Gold.
W eek.
G reat B rita in . . . T
F r a n c e ...............
G e r m a n y .............
W est I n d i e s ........
M e x ic o ..........
B ooth A m e r ic a ___ ..
A ll o t h e r c o u n tr ie s . . .
Im p o rts.
¡Since J a n .l
W eek.
S ince J a n .l.
$ ......... $ 12,572,865 $ 2 ,7 31 ,0 8 0
5,830 1 1,5 86 ,3 6 9 1.474,745
5 ,4 7 3 ,0 1 2
9 7 5 ,8 7 0
6 ,5 9 3,95 1
2 8,3 61
22,001
7,955
T e t a l 1 8 8 6 ..........
T o t a l 1 8 8 5 ..........
T o t a l 1 8 8 4 ...........
P R IC E !
6 7 3 ,1 0 4
766 ,17 3
4,9 8 1
_
Silver.
G rea t B r i t a i n .............
F r a n c e ____
G e r m a n y ______
W est I n d i e s ...............
M e x ic o ........... .
S outh A m e r ic a ______
A ll o t h e r c o u n t r i e s ...
$ 40 ,00 0
$8,8 96 ,1 2 1
5 5 7 ,1 7 7
1 03 ,65 0
2 72 ,98 4
2 4,0 76
T o ta l 1 8 8 6 ______
T o ta l 1 8 8 5 ...........
T o ta l 1 8 8 4 ...........
$26 8
$ 1 ,3 6 0
6 8,7 60
3 1.2 38
1 ,1 6 7 ,2 7 4
3 31 ,60 4
4 9 5 ,3 9 6
61,6 13
12,422
1 02 ,40 3
1 11 ,70 2
13,537
$ 1 1 5 ,2 7 6 $ 10 ,0 4 4 ,0 3 7
4 4 3 ,2 1 8 1 6,0 0 0 ,0 6 0
2 42 ,69 5 1 4 ,5 06 ,9 7 7
$ 2 6 ,2 2 7
14,2 59
22,4 09
$ 2 ,1 5 7 ,2 4 5
2 ,0 2 8,23 5
3 .4 6 5 ,2 8 7
Of the above imports for the week in 1886, *885 6 04 w e r e
^ T x n o r t a ° i « COm
*7,465 American silver coin.
Of
gold cJPn
g the 8ame tlme W M 09 were American
-
-
-
1 0 6 a n d I N T E R E S T .]
P a y s I n v e s to r a b o n t 5 1 -2 P e r C e n t.
$7,3 20 ,7 0 1
1 2 ,0 53 ,4 6 2
1 3,1 03 ,4 0 8
3 .3 8 7,79 3
5 0,0 52
4 10 ,27 7
2 7 3 ,84 9
$ 4 4 ,7 4 0 $ 37 ,66 5 ,4 7 4 $ 5 ,2 15 ,0 3 7
$ 36 ,5 9 9 ,5 4 2
2 5 ,7 32
8 ,5 4 3,02 2
8 05 ,72 8 1 5 ,9 17 .0 0 8
6 ,5 0 0 3 8,0 7 3 ,1 3 8
3 5 8 ,0 7 9 2 3 ,5 4 5 ,1 0 4
-
1 0 8 Is n o w B i d fb r
th e F ir s t P re fe rre d S to c k o f th e S t. L o u is 4c
San F r a n c is c o R a i l w a y C o m p a n y .
G R IS W O L D A G IL L E T T ,
NO. 3 W A LL STREET, N EW Y O R K -
GRAPE
CREEK
COAL
COMPANY*
O f D a n v i lle ,g i ll.
F IR S T
M ORTGAGE
6
PER
BONDS,
PAYABLE
IN T E R E S T
AT
THE
N.
Y.
S IN K IN G
FUND
1916.
A P R IL
FARM ERS’
C O .,
CENT
DUE
LOAN
AND
OCTOBER*
AND
TRUST
TRUSTEES.
T h ese bon d s are a first and o n ly lien u p o n on e o f tb e m ost va lu a b leand w ell-esta b lish ed c o a l p rop erties In th e S tate o f Illin ois, c o n s is tin g
byMe«?snAdrilTHÌM K n|)nre 801,184 8U0ti0n lately
.
Shares.
Shares.
T h ird A v e . R R . C o........... 2 20
1 0 D oloh ran M ining Co. o f
N ational B roa d w a y B ’k "! 2 65
San
M
iguel,
Col. non-assU nion M ining Co. o f A ll«.
es sa b le ............................. . »4
„S 'k a n y C o., M d ...............60-66 V
2
N
.Y
.
E
qu
ita
b
le
G as-L ight
W arren R a ilroa d C o......... 1 40
C o.......................................... 1 09
2 C linton H a ll A ss o o ’i).54 to 551«
Bonds.
1 S tateu Island R a ilw a y
$ 5 7 0 C om m ercia l M u tu al In s .
„C o . (e x -d iv id e n d )...
*63
Co. s c r ip .............................. 70 t o 78
8 0 S ta m ford N at. B a n k o f
$
1 ,5 0 0 M arion C o., K a n ., 6 s,
. . . S tam ford , C on n ................ 155
fu n d in g b on d s, due 1 9 1 0 .. . 103
4 0 o T ra d esm en ’s N at. B an k
$ 1 7 6 C h ica go & A tla n tio R R .
. . . J 6xrd iY-) $ 4 0 e a ch .1 0 3 V - V - *
Co. 2d m ort. b on d s (b y p o th
1 14 R och ester & G en esee Val.
e c a te d )...................................
40
1n n i f uar-? l b y E rie B ’y Co.) 105
$ 1 ,0 0 0 C ity o f H ou ston , T e x .
o S M ln.eral R a n ge R R . C o ... 131
6
s, fu n d in g b on d , d u e 1 9 0 6 .
. ?» -A-va. R a ilro a d C o .........209
„ J a ly , 1877, oou p on o n . . . . . .
T.A
1 M em bership
M a ritim e
$ 2 4 ,0 0 0 N. Y . C ity 7 s A o c ’ed.
A ss ’n o f th e p o rt o f N .Y .$1 1
d eb t, d u e 1 8 8 8 . .1 0 7 V A int
$ 1 0 ,0 0 0 N . Y . C ity 5s, D o ck ,
d u e 1 9 0 8 ............... 1311« & int.
2o
*22
37
i e
15
Unlisted Securities.—Quotations from both Exchanges:
S E C U R IT IE S .
Bid.
S E C U R IT IE S .
A m . Bank N ote Co.
38 V
Am er. Tel. & C ab le....
74
76
B ank.AM erch.Tel., gen.M
Boat. H . T .A W est.—Stk. 13
17
Debentures............
89
B rooklyn E lev’d -s t o c k "! 45
49
1st m ort............
105 V
2d m ort..............! " ! " ” " 77 106V
79
California P acific. ! ! ! !
10
11
1st m ort., 7s.......... . . ! ! ! " 100
Chic. A A tlantic.—Benef"
8
10
Chic. A in A Coal R ’yC o.,pf 84
84 V
Ches.AO., ser. B,def. scrip 25
25
Coni. Cons. Im p. C o...
40
48
Denv. A R io G r.W ..........
21 V 22
1st assessm ent.. . . . . "
73
75
Des M oines A f t . Dodge
13
P r e fe r r e d ......
20
E ast A W est R R . ô f'Â ü '
2ôV 2 6V
Flint A Pere M arquette
P ref...................
Georgia P ac__ S t o c k !!" " " 26
30
1st 68.................
105
2ds...............
.......
65
Kanawha A O h io ....!!
5
1st p ref.........
21V 22 V
2d p re f..... ......... .........
....... I
10
Bonds, 1st 6 s " .. " " " "
74
K eely M otor.......
9
10 V
Lehigh A W ilkes! Coal
5 1
l i m
b i n g
Little R ock A Pt. Smith
1st m ort.........................
M exican State 3 s . ...
"
M exican N ational .
P re f....... ...................
1st m o r t ... ... ... .
Mich. A O hio........ !!
N ew Jersey A N. Y ..........
N. Y . A Green'd Lake, 1st
2d m ort..............................
N . Y . City A N orthern ....
N. Y. W. Sh. A B.—S tock.
North. Pac.—Dlv. bond s..
N orth R iv . C o n s .-S c rip ..
Pensacola A A tlantio___
1st m ort.........................
Pittsb. A W e s t e r n ...!! " !
1st m ort.......................!]
Postal Tel. ACah.,when iss
Rom e A Decatur, 1st M
St. Louis Pt. S. A W ich
St. Paul E .A Gr. T r .,ls t 6 s
Tol. A . A. A N. M .......
Utah Central.—1 s t, 6 s .!!!
V icksb. A M eridian—
P ref............................
1st m ort........... ! ! ! ! !
2d m ort.................! "
I n c o m e s ....__.. .! "
W est N. Car.—1st mo
a n d
f i n a n c i a l .
Bid.
Ask
147 V
no
25
10
11
29
30
40 V 40V
17
2
95 V
5
17
w h ich there Is n o Indebtedn ess w h a te v e r e x c e p t this Issue o f bond s.
O f this Issue $ 1 2 5 , 0 0 0 are set aside and h eld In trust b y th e F a rm ers
L o a n & T ru st C om p a n y, o f N e w Y o r k , a n d ca n n o t b e used f o r a n y
o th e r p u rp o s e th a n fo r b u y in g m ore co a l land s, b u ild in g m o re housesan d m a k in g
a d d ition a l
p erm anent Im provem en ts to th e p r o p e r t y
8 3 0 0 , 0 0 0 o f these b o n d s h a v e a lrea d y been so ld , a n d are h e ld f o r
In v estm en t b y som e o f th e m o st co n se rv a tiv e In vestors In th is c it y
State, a n d th ro u gh o u t N e w E n gla n d , In clu d in g m a n y o f th e le a d in g
S avings B an ks, B a n k P resid en ts a n d T rustees.
A sin k in g fu n d Is p r o v id e d in th e m o rtg a g e f o r th e p a y m e n t t o th e
F a rm e rs’ L o a n & T ru st C om p a n y o f $ 2 0 , 0 0 0 p e r annu m , b e g in n in g
A p ril 1 ,1 8 9 1 , fo r th e re d e m p tio n at p a r o f th a t a m ou n t o f b on d s ea eh
y e a r, u n til th e en tire issue Is re d eem ed a n d ca n celed .
T h e re n ta l Prom th e h o u s e s a n d th e p ro fits fr o m th e sto re
sc r e e n in g s a n d th e fa r m s w i l l m o r e t h a n p a y th e In te re st
o n th e e n tire Issu e o f b o n d s w i t h o u t to u c h in g th e p rofits,
f r o m th e sale s o f c o a l.
F o r th e t w o ye a rs a n d e le v e n m o n t h s e n d in g A p r il 1
1 8 8 6 , th e c o m p a n y e a rn ed $ 1 6 9 , 4 6 2 a n d 5 1 - 1 0 0 , o r n e a r ly
6 p e r ce n t o n $ 1 , 0 0 0 , 0 0 0 , a n d w i t h th e a d d itio n a l p la n t t o
IV
30
6
o f o v e r 2 ,0 0 0 aores o f c o a l land , 122 h ou ses, a w e ll-sto ck e d s to r e ,
am ple fa rm bu ild in gs, an d all th e m a ch in e ry , p la n t a n d a p p l i a n c e * - « »
be p u t u p o n th is p r o p e r ty it s h o u ld e a r n 6 p e r ce n t o n
23
2 7a
96
$ 2 , 0 0 0 , 0 0 0 , w h il e th e In te re st c h a rg e s are] o n ly $ 3 0 , 0 0 G
y e a r ly .
W e offer a lim ited a m ou n t o f these b on d s to lu v e sto rs th a t are s e e k in g
safe securities fo r in v estm en t, and w e lo o k u p on th em , a t th e p r ic e
96
85*
1Ò6*
offered, as th e m o st p ro fita b le In vestm en t In th e m arket, p a y in g t h e
In v estor a b o u t 6 1 -2 p e r ce n t Interest.
P rice , 9 5 and a ccru e d in terest.
■H Äiflär
G R IS W O L D A G IL L E T T ,
NO. 3 W A L L S T R E E T , N E W Y O R K .
K N O X V I L L E A O H I O R A I L R O A D CO.
F IR S T M O R T G A G E S I X
PER
CENT GO LD BONDS D U E
1925.
C IT Y O F SCR ANTON
In te re st P a y a b le J a n u a ry an d J u ly ,
4
P E R
CENT
term s
H ARVB y
BONDS.
ON APPLICATION TO
FISK
& S O N S',
BANKERS,
28
N assau
Street,
New
Y
A t C entral T ru st C om p a n y (T rustee) N ew Y o rk .
P rice p a r flat, s u b je ct t o N ew Y o r k S tock E x ch a n g e q u o ta tio n s.
ork
,
F o r fu rth e r p a rticu la rs o n aU a b o v e B on d s ca ll o n , o r ad d ress,
G R ISW O L D
&,
G IL L E T T ,
N o . 3 W a l l Street, N e w Y o r k .
THE CHRONICLE.
51
D I V I D E N D S .
T h e fo llo w in g d iv id en d * h a v e reoen tly b e e n an n on n oed :
N a m e o f C om p a n y.
ltn llr o a d s .
A tc li. Top. & S an ta F e (q u s.r.)...
Canadian P a cific...............................
L it tle Sch u ylkill N a y
.................
M ine H ill & S cim lk 11 H a v e n ........
N a u g a tu ck ........- — - .......................
’ s te rson & Hud*« n ........................
'a tcrs on & R ttn m p o..
...............
P e te rs b u rg ............... . ....................
P ittsfield <fe N orth A d a m s .............
P o rtla n d Saco & P ortsm ou th —
K io h m on d Y ork R iv e r & C ites...
R icliniM id F red. & P o to m a c..........
W a re R iv e r..........................................
i
P er
Cent.
1*3
l 'a
8*3
3 1«
5
4
4
3
2%
3
3
6
3*3
H a n ks.
N a tion a l B an k o f
C itizen s’ ...............................................
E m p ire C it y ...............................—
F ire m e n s .............................................
C lo b e f i r e . .................................. .
M erca n tile F ir e ..........................
N ew Y ork E q u it a b le ...,...............
P e o p le ’ s F ire ........... .........................
U n ite d S tates Fir»*...........................
Feb.
Fdb.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
ou im erce........
In su ra n ce .
W hen
Payable.
3*3
3*3
4
B ooh s Closed,
{D a y s in clu sive.)
11 to -Tan. 16
15 Jan.
_
17 ;J a n . 23 to Feu.
8 1J an . 4 to Jan.
15-Jan. 6 to Jan.
3! D ec. 1 0 to Jan .
4 .................................
4 . . . " .......................—
To-day the rates on actual business were as foNoy®*
dankers’ 60 days’ sterling, 4 80f@ 4 8 1 ; demand 4 84f@ 4 85.
"lahle.fi 4 854Ol4 854. Commercial bills were 4 79$@4 79f,
Continental bills were: Francs, 5 25$@ 526J a n d 5188*@5 23|;
reichmarks, 94f @94^ and 94|@95; guilders, 39f@39£ and 40
@ rhe‘ following were the rates of domestic exchange on,
New York at the under-mentioned cities to-day: Savannah,
ouytng Ì discount, selling £ discount © par; Charleston
buying l-1 6 @ i discount, selling par; New Orleans commer
cial, 150c. discount, bank, par; St. Louis, par; Chicago,25@40c.
discount.
, ,,
Thè rates of leading bankers are as follows :
......................
\l
15
1
1
10
On dem,
On dem
Jan. 10
On d e m .1
On dem .
Jan. 15
On dem .
On dem . I
W A L L M T itK H T . F i l l D A Y , J a n u a r y 7 , IH H 7—S V. M .
[Y o u X U V .
J a n u a ry 7.
S ixty Days.
D em a n d .
4 8 5%
4 81*3
P r im e b a n k e r s 's te r lln g b ills o n L o n d o n ...
P rim e c o m m e r c i a l............ . . . . . . . . . . . . . . . . 4 8 0 0 4 80*3
4
79*5-04
7
9%
D o o u m e n ta r y o o m m e r o ia l................... ..........
5 2 3 * 8 0 5 22*s
5 2 5 * 8 0 5 25
P a r is ( f r a n c s ) ............... ..................... .
39% ff 39*8i6 39*5te04 O
Am sterdam ( g u i l d e r s ) . . . . . —- .......................
94% 0 9 5
94*4094%
F ra n k fort o r B rem en (reloh m a rk si.............
Coi ng.—The following are quotations in gold for various coins:
S ilver *48 and *38 . — 99 % 0 -----—
S o v e re ig n s ..............$4 83 © $ 4 83
F iv e f r a n c s . . . . . . — 93 -0 — 95
N a p o le o n s ............. 3 84 ® 3 88
M exioan d olla rs.. — 80 •0 — 8 0 *3
®
4
76
X X R e ic h m a r k s . 4 7 4
D o unoom m erc’l . — 79 ® — <9 *3
X G u ild e r s ............. 3 9 6 ® 4 0 0
P e r u v ia n s o l s . . . . . — 7 1*s® — 73*4
0
1
5
7
0
Span’ h D o n h lo o n s .1 5 60
E
n g lis h s i l v e r . . . . 4 7 9 0 4 84
M c r . D o u b l o o n s .. ! 5 55 0 1 5 65
U. S. t r a d e d o lla r s
79 ®
81
F ine g o ld b a r s .. . .
p a r 0 *4
U . S. s ilv e r d o l l a r s — 9 0 % ® 1 0 0
Fine s ilv e r b a r s .. —101 0 101*3
D im e* & *« d im e s . — 9 9*«® P»*1* I
,
,
The Money Market and Financial Situation.—The new
United States Bonds.—The business in Government bonds
year opens very fairly. The condition of business is generally
has been very light the past week and there is no feature to
acknowledged to be good. The activity arising from the pro- the market. Prices have been rather weak and tending down
grees of work on new railroads is likely to be continued ward, though there has been no special decline.
throughout the year. The prospect for a heavy railroad traffic
at paying prices has seldom been better. It is true that the
Ja n . J a n ,
Interest J a n . J a n . Ja n . Jan .
6.
building of new railroads may ultimately lead to some strife for
5.
4.
3.
1.
Periods.
business, but this is not imminent at the present moment.
» 100 %
110
*110*8
*110*8
»110*8
4 * s 8 ,1 8 9 1 ..............reg. Q .-M ar.
HO
•
110*4 *110*8 110*8 -110
It is to be hoped that the stock market will be permitted to 4 *38 ,18 9 1 ..........cou p. Q.-M ar.
*126*3
'127*4
•
1
27
%
*1
27
%
127
%
4s, 1 9 0 7 .................. reg. <3.-Jan.
gather whatever strength is warranted by the circumstances 4s, 1 9 0 7 ..............ooup. <3.-J a n .
x27*s 127*3 127% 127*4 *126*a
*o
»xlO O *100*8 100*8 100% 100
o p tio n U . 8 . ...r e g . CÎ.-Feb.
*125
Dom time to time, rather than that we should have an artifi 3s,
125*8 '1 2 5
*124% *125
6s, c u r ’c y , ’ 9 5 . ...r e g . J . & J.
*127*8 127*8 '127*8 *127*8
cial boom in prices followed by a collapse, and then a long 6s, c u r ’c y , ’ 9 6 . ...r e g , J. & J. H *127*8
*129% *129% *129% *129% 1 2 9 %
6s, o u r 'e y , '9 7 — reg,
*1 31 % *131% * I S 1 % * 1 3 1 % 1 3 1 %
period of dull business. The improvement in almost every 6s, ou r’e y , '9 8 . ...r e g , J. & J.
*134% *184% *134% !*134% 1 34 %
J
.
J.
direction was so pronounced in the last six months of 1880 6«. o u r’ e y, ’ 9 9 . . . . reg
* T h is Is th e p rlo e h id a t th e m o rn in g b o a r d : n o sa le w a s m ade.
that there seems to be no good reason why it should not be
Stale and Railroad Bonds.—Very little business has been
maintained for a long time, unless some lack of wisdom on the
reported in State bonds, and no important changes in prices
part of Congress, or rashness on the part of railroad men or
have occurred.
. ,__,
"VTall Street operators, shall throw a cloud over the bright pros
Railroad bonds have been firmer in tone than stocks ; in lact,
the
tendency
of
the
general
market
has
been
steadily
in the
pect with which the year has opened.
The natural tendency in the foreign markets is always in direction of higher figures, though there have been few advances
of great importance. The changes for the week are not great
the direction ot buying American securities, and thi3 demand for most, though there was an exceptional decline o f 12 points
c a n be relied upon with tolerable certainty when it is not in Niokel Plate lsts, due to the decision declaring them invalid.
checked by some untoward circumstances at home or abroad. They subsequently recovered part of the decline, however, and.
Then the demand for grain and cotton ought to be large this have been irregular since. A few of the low-priced issues
have been quite strong, among them Lake Erie & Western
half-year and cause our exports to make a far better exhibit incomes and Ohio Southern incomes advancing materially.
they did in the first six months of 1886.
R ailroad and Miscellaneous Stocks.—The stock market
The open market rates tor call loans during the week on has been moderately active, though there has been no great
stock and bond collaterals have ranged from 1 to 8 per cent, animation to the dealings, and the week cannot be called a
the usual rate to stock brokers being 5© 6 per cent; to-day the striking one. Prices have been rather irregular and at times
rates were 4£@6 per cent. Prime commercial paper is quoted somewhat unsettled, though there has been no large decline,
and a generally strong undertone has caused reactions from the
at 5@6£ per cent.
The Bank of England weekly statement on Thursday showed declines. In fact, on certain days the market has shown con
a gain in specie of £487,000, and the percentage of reserve to siderable strength, and several stocks record an advance over
liabilities was 801, against 85f last week; the discount the prices of last Friday, but the changes for thé week
In the early part of the week London
rate remains unchanged at 5 per cent. The Bank of France lost are irregular.
18,850,000 francs in gold and gained 6,200,000 francs in sold our stocks to a moderate extent, and the bears
took advantage of this and the uncertainty in regard to
s il v e r .
The New York Clearing House banks, in their statement of railroad legislation, and forced down prices. A recovery from
December 31, showed an increase in surplus reserve of this decline occurred, however, and the market has been
$5,039,150, the total surplus being $12,271,350, against $7,232,- generally quite strong since and a few stocks conspicuously so.
The coal stocks, especially Reading and Jersey Central, have
200 the previous week.
Tne following table shows the changes from the previous been very strong, and record quite an advance for the week.
-week and a comparison with the two preceding years in the The feeling in regard to them is quite bullish, and as to Jersey
Central it is reported that there has been buying for control by
of the New York Clearing House banks:
strong parties.
.
,
1
88
5
D
xffer'n
cesfr’
m
188
6
.
1886.
The Southern stocks are still somewhat prominent, Rich
Ja n . 3.
J a n . 2.
P rev iou s W eek.
Dec. 31.
mond Terminal being active but irregular, and other stocks of
$ 29 7 ,8 8 7 ,7 0 0
L o a n s and dis. $ 34 3 ,6 8 7 ,5 0 0 Iu-5. $ 2 0 3 ,4 0 0 $ 3 3 9 ,9 0 9 ,8 0 0
The election of Mr. Alexander to
8 7,8 6 7 ,8 0 0 that class generally strong.
8 9,7 2 1 ,1 0 0
8 3 .7 16 .1 0 0 l i e . 5 ,4 1 5 .1 0 0
S p e c ie .............
1 1.3 96 .9 0 0 the presidency of Central of Georgia is said to be favorable to a
9 ,9 7 9 ,8 0 0
7 ,9 1 1 .5 0 0 I n o .
8 ,5 0 0
C iro illa tio n ...
3
40
.8
1
6
,3
0
0
3
76
.9
5
9
.3
0
0
combination or consolidation of that company with Richmond
N e t d e p o s it«.. 3 59 .2 6 8 .6 0 0 I n o . 7 ,5 9 6 .2 0 0
3 7.3 5 6 .9 0 0
2 8 ,8 0 8 ,2 0 0
1 9,3 7 0 .4 0 0 in o . 1 ,5 2 3,10 0
L e g a l tenders.
_
_ -, ,
,,
- .
$ 8 5 ,2 0 4 ,0 7 5 Terminal.
$
94
,2
3
9
.8
2
5
In
o
.$1
899
,05
0
$
89
,3
1
7
,1
5
0
L e g a l reserv e
The decision in the Nickel Plate case, declaring the hrst
1 25 ,32 4 ,7 0 0
K e e e rv e held . 1 02 ,0 6 8 ,5 0 0 I n o . 6 ,9 3 8 ,2 0 0 1 18.529.300
mortgage invalid, worked against the market and caused a
$ 2 4 ,2 8 9 .4 7 5 $ 4 "*,020.625 break in Nickel Plate stocks, though the effect was not great.
S u rp lu s............ $ 12 ,2 7 1 .3 5 0 lue. $ 5 ,0 39 ,1 5 0
Exchange.—Sterling exchange has been very quiet all the The Wabashes were very weak at one time and declined quite
week and little business has been done. Rates have been quite sharply, but recovered part of the decline later. In the latter
firm however, principally owing to the lack of pressure from part of the week the grangers became strong, especially Omaha,
commercial bills, and posted rates are higher at 4 81* and which was sharply advanced, and Jersey Central, Reading,
Terminal, Western Union, St. Paul, &c., were all more or less
4 85£. The arrivals of gold continue, and have amounted to
active.
»bout $2,500,000 since our last report.
iTH E
J a n u a r y 8 , 188T.1
(CHRONICLE.
>55
PRICES OF STOCKS AT N. Y. STOCK EXCHANGE FOR WEEK ENDING J A N . 7 , AND SINCE JAN. 1, 1887.
H IG H E S T A N D I
STO C K S.
A c t iv e R R , S to c k s .
A tla n tic A P a cific.....................
C an ad ian P a e iflo ............
C an ad a S ou th ern ................. .
C en tra l o f N ew J e r s e y . . . . . . .
C en tra l P a c ific ...........................
C h esap ea k e & O h io .................
Do
1 st p r e f ..
' Do
2 d p r e f ...,
C h ica go B u rlin g ton A Q u in cy
C h ica g o M ilw a u k ee A St. Paul
Do
p ref.
C h ica go & N orth w estern .........
, Do
p r e f.
C h ica g o R o c k Isla n d A Paoiflo.
C h ica g o St. L o u is A P itts b u rg .
Do
p r e f.
C h ica g o S t. P a u l M inn. A O m .
_
Do
p r e f.
C lev elan d C ol.C in . A In d ia n a p .
C olu m b u s H o o k in g V al. A T o l.
D e la w a re L a ck a w a n n a A W est
D e n v e r A R io G ., asaessm ’ t pd
_
Do
p ref
E a st T en n essee V a . A Gn. R ’y .
Do
1 st p r e f.
_
Do
2 d p re f
E v a n s v ille A T e rre H a u te __
G reen B a y W in on a A St. P a u l
H o u ston A T e x a s C e n tra l.. .
Illin o is C en tra l....................
In d ia n a B loom in g t’n A W est’ll
J a k e S h ore A M ich . Southern,
L o n g Isla n d ........................
L o u isv ille A N a sh v ille.............
L ouis. N ew A lb . A C h ic a g o ..
M a nha tta n E le v a te d , c o n s o l.
M em phis A C h a r l e s t o n .......
M iohlgan C en tra l.................... .
M il. L a k e S h ore A W est..........
».
Do ,
p ro!
M in n eap olis A St. L o u is ...........
Do
p ref.
M issou ri K a n sa s A T e x a s ..
M issouri P a eiflo............
M ob ile A O h io .......................
Naahv. C h a tta n oog a AStl Louis
N ew Y o r k C entral A H ud son
N e w Y o r k Ohio. A St. L o u i s ...
Do
p re f
N ew Y o r k L a k e E r ie A W est’n
_
Do
p ref.
N e w Y o r k A N ew E n g la n d ___
N e w Y o r k O n ta rio A W estern.
N ew Y o r k S usq. A W e s t e r n ...
JDo
p ref
N o rfo lk A W e s t e r n .................\
_ *•-D o
p r e f ........
N orth ern P a o i f lo ........... .
. Do
p r e f...." "
O h io A M is s is s ip p i....
O h io S o u t h e r n .............. . . . . I I "
O re g on A Trans-C ontin ental I
P e o ria D eoa tu r A E v a n sv ille
P h ila d elp h ia A R e a d in g ........
R ich m on d A A lle g ., r e c é ip ts ..
R io h m ’d A W est P ’n tT erm in a l
Do
p ref
R o m e W atertow n A O g d e n sb ’g
B t.L o u is A San F r a n c is c o ....
5°
p r e f....
_ Do
l e t p re f
Bt. P a u l A D u lu th ...........
_ Do
p r e f ...I I I I I '
Bt. P a u lM ln n ea p . A M a nitoba
B outhern P a cific C o . . . . . . . . . .
T b xa s A P a cific, tru st c e r t " !
D o 1 st assessm ent pa id
U n ion P a o iflo ................. .
W B b .8 t .L . A P ., P .C o m .rc p te
S atu rda y
J a n . 1.
<}
q
M
»
:
1 37
108
64
* 125
97
34%
*5%
9%
22%
95%
16
40%
37%
80%
79%
103% 101%
46
104% 1 0 2 %
51% ] 4 9 %
1 13% * 110
1 40
139%
76
72%
1 40
1 09
64
1 30
98
34%
8
2 8%
44
6 2%
44%
44%
63
45
6 3%
70%
64%
71%
99 % 10Ò
5 5 % 56
4 3 % 4 4%
í
*7
1C
1 03
1C
50%
<
......... 11
140
14
7 4 70 7
139% 140
14
1 0 7 % 1 0 7 % 10
63
64
*€
1 29 % 1 2 9 % *12
33 %
17
14%
‘ *6%
*6
10
9%
2 5%
23
9 5%
95%
1 6 1 17
*7
2 8%
40%
79%
102%
J an .
} 3 9%
79
6. •
39
7 9%
39%
7 9%
1 4 ,7 0 0
4 ,0 6 3
4,111
45
46
45%
2 ,7 6 0
1 03
1 03
1 03 % 101 % 102 %
4 ,0 3 0
4 9 % 5 0%
t 49%
49
1 1,139
50
112% 110 % 111 % 111 111
800
1 40
139 % 139 % 1 41 % 1 41 %
5 70
t 7 3%
73
74%
7 4 % 7 5 % 1 31,520
140
*7
8
28
28%
170 170
’6 0
62
39% 44
63
64
4 4 % 45
6 1 % 6 3%
69% 71%
*24% 2 5%
9 9 % 1 00
*5 5% 5 5 %
44% 44%
8
38%
79
1102% 101 % 102 % 102
65
140
T07
*62
'1 2 6
140
1 09
65
130
97% 97%
83 %
3
3 4 % 34%
17
1
17
18%
14% .. .
*14
15
6%
**5%
6%
*5%
6
10
**9% 1 0 %
*9% 10%
23
2
23
9 5 % __
96
96
17%
1
13% 13%
1 40
1 4 0 % 1 40 % 1 4 0 % 140 %
8%
8
8%
39%
80
103 %
1 4 0 % 140 %
1 07 109
*62
65
1 29 1 29
97%
*34
19
*11
*5%
9%
13%
8%
98%
19
14
R a n g e sin ce Jafl. 1 ,1 8 8 7 .
13%
8%
29%
3 0%
30
30%
39% 42%
63% 64
44
44
42
64%
44%
44%
6 4%
47
*60
43
64%
47%
61
44%
6 4%
4 8%
6 1 % 6 2%
6 9 % 71
2 4 % 2 5%
99% 100
56
56
*43% 4 4
6 2 % 6 3 78 6 3
70% 72
70%
*25% 2 6% *2 5%
1 0 0 1 00 % 100%
*55% 5 6
5 5 78
44
45
46
12% Jan.
6 7 % J an .
6 3 % J an .
6 2 % Jan .
4 3 % Jan .
9% Jan .
1 6 % Jan.
9°8 Jan .
138 Jan.
9 1 J an .
118 Jan .
115 J an .
140 % Jan.
126% J an . «
17 Jan .
3 9 % Jan.
5 1 % Jan .
1 0 9 78 Jan .
6 5 % Jan .
3 8 % J an .
138 Jan. a
2 8 % Jan . 3
6 2 % Jan. 3
17 Jan. a
8 0 % J an . 3
3 2 Jan. 3
8 9 Jan . 3
1 3 % Jan . 3
45 J an . 3
1 34 Jan. 4
1730 Jan. 3
9 6 Jan . 3
9 5 Jan . 4
6 7 % Jan . 3
6 5 % Jan . 3
1 58 % Jan. 3
6 3 % Jan. 7
9 3 % J an . 3
6 7 % Jan. 7
9 9 % Jan . 7
2 0 J an
3
4 4 % Jan. 3
3 3 % J an . 3
1 0 9 % Jan . 3
18 Jan. 3
8 8 % Jan. 3
11330 Jan. 3
1 4% Jan .
2 7 % Jan.
3 4 % Jan .
7 3 % Jan.
5 5 % Jan. 3
2 0 % J an . 3
1 2% J an . 3
3 3 % Jan. 3
2 3 % Jan . 3
5 3 % Jan . 3
28 J a n . 3
6 1 % Jan. 3
2 9 % Jan. 3
2 0 Jan . 4
3 4 % J an . 3
3 1 % Jan. 3
3 9 % Jan . 6
10% Jan. 5
4 4 % Jan . 7
81 Jan. 3
9'±% Jan. 3
3 2 % Jan. 7
66 J a o . 7
1 16 % Jan . 7
5 8 % Jan. 3
108 % Jan. 4
117 Jan . 3
3 6 % Jan .
2 4 % Jan .
2 6 % Jan.
6 2 J an .
19 Jan .
35 Jau .
40%
80%
10.i%
46
104 %
51%
1 12 %
4 1 41 %
5 76 '
1 13 139% Jan .
4 5 0 1 0 7 Jan .
110 63 Jan.
3 0 129 Jan .
140%
109
64
129 %
Jan .
Jan .
Jan.
Jan .
7
3
3
4
98%
34%
19
14%
J an .
J an .
Jan .
J an .
7
3
7
4
10
25%
96
1 7%
13%
1 40 %
8%
3 0%
170
Jan .
Jan .
Jan.
Jan .
J an .
Jan.
J an .
Jan.
Jan .
3
3
6
1 ,6 2 5
345
1 ,6 0 0
800
37%
79
101 %
44
101 %
49
110 %
139 %
72%
5
Jan .
Jau.
J an .
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
9 6 % Jan .
3 3 78 Jan.
1 7 Jan .
1 4% Jan .
500
9%
5 95 2 2 %
3 00 9 5%
4 15 16
7001 1 3%
1 04 1 40
1,975| 8
4 ,9 0 0 28
3 50 3 7 0
13,4 01
2 ,7 0 0
4 070
6 3 7a 14,813
7 2 % I2,Ç4IOOO
25%
9 00
100% 2 3 5 ,0 0 0
56
8 2 ,0 0 0
46%
1 ,9 0 0
t L o w e r p rice is ex -d iv id e n d .
Highest.
L o w e st.
6
9%
2 8 % 3 0%
170 170
* T h ese a re th e p rice s b id and a s k e d ; n o sale w a s m a d e a t th e B oa rd .
5.
Sales
o f the
W eek,
Shares.
12 %
1 1% 1 1%
11% 12
12
12 % 1 2% 12%
4 ,3 9 5 1 1 % J an
68 %
6 7 % 6 7% *6 6 % 6 7 %
66 % 66 %
66% 67
423 6 6 % J an
63 %
6 0 % 62%
60% 62
6 1 % 6 2%
6 1 % 6 2% 21 22i 60% .Tan
57 %
56
57%
55% 57%
57
58%
5 8 % 6 2% 1 14 ,95 6 5 5 % Jan,
43 % 41% 41%
41% 42
41
4 2%
40%
3 ,5 6 0 4 0% Jan
9
9%
9%
*9
10
*9
10
*9
3 50
9 Jan.
16 ‘a *1 6% 17
1 6 % 16% *16% 17
*16% 17
211 1 6 % Jan.
. *1 0
11% *10
11
*10
11 %
1
9%
9%
9 % Jan.
1 3 7 % 1 3 7 ]4 1 3 7 3 0 13 7 % 1 37 1 37 % 1 3 7 % 137% 1 3 7 % 1 38
1 ,5 1 . 137 Jan.
8 9 7a 91
89
9030 8 8 %
89%
8 9 % 9 0%
89
9 0 % 1 05 ,28 0 8 8% Jan,
1 1 7 % 117^‘a 1 18
118
1 18
118
*117% 118% 1 18
118
461 117% Jan.
114
115
1 1 3 % 114 % 1 1 3 % 113% 1 1 3 % 114 % 113 % 114 % 12,99 113% Jan .
*140 1401 a 1 40
1 40
140% 140% 1 4 0 1 40
1 40 1 40
298 140 Jau.
1 26
1 26
1 2 6 % 126 % 1 2 6 % 126% 126 % 126% 1 2 6 % 126 %
358 1 26 Jan .
1 6% 17
*16
17%
17
17
8 00 1 6 % J an .
*17
18
*39% 4 0
39
39
38
3 8%
7 00 3 8 J an .
39
39%
4 8 7s 493k 4 7 70 4 8 %
47% 48%
4 8 % 51
5 0 % 5 1 % 5 1 ,4 3 0 4 7 % Jan .
1 09
1 0 9 70 108 % 1 09
108% 1 09 1 0 9 % 1 0 9 % 1 09 %
1 08
4 ,1 4 0 108 Jan .
6 4 % 651 2 6 3
64
6 4 % 6 4%
6 4 % 64%
64
65
2 ,555 6 3 Jan .
3 7% 38* i
3 6 % 38
3 6 % 38
3 7 % 38%
38
3 8% 13,905 3 6 % Jan .
1 3 7 % 138
1 35
13730) 133
1 35 % 1 34 % 1 3 5 % 1 3 3 % 1 35 % 134 ,49 6 L33 J an.
28
28« i
2 7 % 27%
27
27
27
27
27% 27%
4 ,3 4 2 27 Jau .
62
6 2 73 5 9 % 61%
6 0% 62
6 1 % 62%
61% 62
6 ,2 9 : 5 9 % Jan .
1 6 % 17
1 5 % 16%
1 .% 16
1 6% 16%
8,8 4 4 1 5 % Jan.
1 5 % 1 6%
8 0 % 80U
7 7 % 79
7 7% 7 7%
78
79
2 ,7 2 0 7 7 % Jan .
7 8 % 79
3 1 % 32
3 0 % 31
29% 3 0%
30% 30%
4 ,9 2 9 2 9 % Jan.
3 0 % 3 0%
89
89
*x 8 6 % 88
86% 86% 87
6 00 86% Jau.
87
1 3 % 135, *13
13% *12% 13%
13
13%
1,220 13 Jan.
1 3 % 1 3%
45
45
43
43%
4 2 % 42%
630 4 2 % Jan.
42% 4 2 %
1 3 3 % 1 3 3 ii 1 3 4
1 34
133 % 133
6 5 0 132% Jan .
1 32 % 132 %
17
173,
1 5% 15%
16
16
Ï6 % Ì6 %
1,0 8 7 15% Jan.
16
16%
9 5 % 96
9 4 % 9 5%
91% 95%
93% 94%
9 4 % 9 5% 58,2 65 9 3 % Jan.
95
95
94% 94%
9 4 % 9 4%
661 9 4 % Jan.
6 5 % 67%
6 3 % 6 5%
6 3 % 65 %
64
6 5%
6 4 % 6 5% 64,005 6 3 % Jan .
65
65%
65
65
*60
68
1,8 0 0 6 5 Jan .
1 5 8 % 158% 1 58
1 58
1 54 % 1 56
156
1 55 1 5 5 %
5 ,1 0 0 1 54 Jan.
5 7 % 58
5 7 % 59
57% 57%
5 8 % 61%
61
6 3% 10,000 5 7 % Jan .
9 3 % 93%
92
9 2%
91
9 1 % 91%
9 1%
92% 92%
2,235 91 Jan.
*6 5% 69% *64
69
*
66% 67
69%
7 25 6 6 % Jan.
67
67%
*98 100
98
9830
99
98
9 8%
2,1 8 2 98 J an .
98% 99%
20
20
*19% 20
1 9% 19%
20
20
2 50 1 9% Jau .
1 9% 19%
44
44%
43
4 3%
4 2 % 4 2%
44
44%
1,135 4 2% Jan.
44
44%
33% 33%
3 1 % 33
3 1 % 3 2%
3 1 % 32%
3 1 % 3 2% 1 7 .2 6 0 3 1% Jan .
1 08 % 109 % 1 0 7 % 108% :L07 1 07 % 1 07 % 108 % 1 0 7 % 108 %
9 ,1 9 0 1 07 Jan .
18
18
1 7 % 1 7%
T 6% ....
18
18
3 00 1 7% Jan .
88
8 8%
87
88
8 4 % 85
x 8 5 % 86
7 ,8 0 0 84% Jan.
85
86
1 1 2 % 1 1 3 % 1 11 % 1 1 2 % 111 % 1 11 % 111 % 112 %
1 0,985 1 1 1 % J an .
111%
112%
1 3 % 14%
12% 13%
12% 1 3%
13
1 3%
13
13% 10,715 1 2% Jan.
2 6 % 2 7%
2 2 % 27
2 3% 25
2 4 % 25
24
24
9,3 3 5 2 2 % Jan.
34% 34%
32% 33%
33
3 4%
33% 33%
3 3 % 3 3 % 55,8 05 3 2 % Jan.
7 3 % 73%
7 2 % 7 2%
71
71
9 20 71
7 1 % 7 1%
Jan.
54% 55%
52**4 54^2
5 2 % 5 3%
53
5 4%
53 % 5 4 % 2 9 .2 6 0 5 2 % Jan.
2 0 % 20%
1 9 % 19% .
1 9 % 19% *19
1,025 1 9 % Jan.
19%
12
12%
1 1 % 12
11 % 11 %
1 1% 1 1%
5,158 1 1 % Jan^
1 1% 11%
3 2 % 3 3%
3 1 % 32%
31% 32%
3 1 % 3 2%
5,4 8 5 3 1 % Jan .
32% 32%
22
2 3%
21
22%
20 % 21 %
21% 21% 2 1 % 2 2%
4 ,9 9 5 2 0 % Jan.
5 1 % 5 3%
50
5 2%
4 9 % 52
5 0 % 5 2%
5 0 % 5 1% 2 4 ,6 9 0 4 9 % Jan.
2 7 % 28
27
27%
26% 27%
2 6 % 2 7%
7 ,523 2 6 7a Jan.
27
27%
6 0 7s 6 1 %
5 9 % 6 0%
5 9 % 6 0%
5 9 % 60%
9 ,846 5 9 % Jan .
5 9 % 6 0%
2 8 % 29%
28
29
2 7 % 28
28
28%
4
,1 0 0 2 7 % Jan.
2 7 % 2 8%
19
20
1 9 % 19%
3 50 19 Jan.
3 3 % 3 4%
3 2 % 3 3%
3 2 % 33
3 2 % 3 3%
14,7
10 3 2 % Jan.
32% 33
30% 31%
3 0 % 31
3 0 % 3 1%
31
2,6 7 3 3 0% Jan .
31
3 1%
3 6 % 3 8%
3 6 % 3 7%
3 7%
37
39%
326
,64
3 3 6 J an .
3 8 % 3 9%
1 0 % 10 %
50 1 0% Jafl.
40% 43%
40% 43%
42%
41% 43%
4 1 % 4 4% 1 38,075 4 0 % Jan .
81
81
80
80
79
7 9%
36
7 9 Jan .
94% 94%
94% 94%
94
94
2 94
94
94
9 83 9 3 % Jan.
3 1 70 3 2%
31% 31%
31%
31% 31%
2,9 0 0 31 Jan .
3 1 % 3 2%
65
65
64
64%
4 64
63
64%
2 ,1 5 0 63 Jau .
64
66
1 1 4 % 1 15
11430 1 1 4 % 1
114
1 15 1 1 6
1,5 4 7 1 14 J an .
1 1 6 116%
58% 58%
57% 57%
56
56% 57
5 5 % 5 5%
5 13 5 5% Jan ,
’ 107 108
1 0 8 % 108 % 1
1 08
1 0 7 % 1 07 % 1 0 7 % 107%
3 0 0 1073s Jan .
116% 117
1 15
117
1
2 114%
9 10 1 13 % Jan .
36% 36%
3 6 % 3 6%
9 36%
8 10 3 6 % Jan.
23% 24%
21% 23%
1 23%
23
23
3 0 ,6 6 0 2 1% Jan .
25% 26%
2 25%
25
25% 18,2 05 2 4 % Jan .
6 0 % 62
59% 60%
i 60
58% 60
5 8 % 5 9 % 8 8 ,9 7 0 5830 Jan.
1 8 % 19
1 8% 1 8 %
1 5% 16%
1 18
8,0 6 5 1 5 % Jan .
1 6% 17
35
35
33% 34%
I
1 33%
29
31%
31
32
12,4 70 2 9 Jan .
39%
80
103%
44%
104
50%
1 10
140
74%
E x p r e s s S to c k s .
I n a c t iv e S to c k s .
Jan.
F rid a y ,
Jan . 7.
.............
P h ila d elp h ia C o V .N a t.G a s ""''
P ullm an P a la c e C ar C o ........ II
W estern U n ion T e le g r a p h "* "
A tc h is o n T op ek a A S an ta F e.
B u ffa lo R och . A P it t s b u r g ....
C ed ar F a lls A M in n e s o ta .. . . . .
C entral I o w a . . . ............... .
C in cin n a ti W ash. A B altim ’re.
Do
p re f.
F o rt W orth A D e n v e r C i t y ... I
I llin o is C ent., lea sed lin e stock
M a n h attan B ea ch C om p any
M e x ica n C en tra l................. ..
M orris A E s s e x . . . . ........... . I
Q u ick silver M in in g C o . . .IIIII
_
Do
p r e f .. .I
R en ssela er A S a ra tog a .............
T o le d o A O h io Central, p r e f...
C am eron C oal..............................
N ew Y ork A P erry C o a i....*!*
T en n essee C oal A I r o n ___
V a r io u s S to c k s , A c . (U ni
A m er. C otton O il T ru st...........
P ipe L in e C ertifica tes............. I
Bt. L o u is A rk . A T e x a s . . . . . . .
Do
l s t m o r t ..
Do
2 d m o r t ..
C h ica go A In d . C oal R ’w a y ...
T u esd a y,
J an . 4.
12
*67%
62%
55%
43
9
1 6%
m is c e lla n e o u s S to c k s .
C o lo ra d o C oal A I r o n ..
C on solid a ted G as C o .. ..........
D e la w a re A H u d son C an ali I ’
O regon Im p ro v e m e n t C o
O r e g o n J t^ jlw a y A N a v. C ol
A d a m s ...................
A m e r ic a n .................. 111111111 "
U n ited S t a t e s .... . . . . . . 11*11***
W ells, F a rg o A C o ............1 1 1 "!
M on da y ,
J an . 3.
Jan .
Jan.
J an .
J an .
Jan .
Jan.
Jan .
Jan .
Jan .
3 9 % Jan .
6 2 % J an .
4 4 J an .
61%
69%
24%
99%
55%
43%
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan .
Jan.i
J an .
J a n .J an .
J an .
Jan/
Jan.
Jan .
4 4% J an .
6 1 % Jan .
48% Jan.
64%
72%
25%
1 00 %
56
46%
Jan .
Jan.
Jam
Jan.
Jam
Jam.
3
3
3
3
3
3
5
7
3 ,
4
4
5
7
<S
4
3
«
7
[V o u X U lV ,
T H E C H R O N IC LE .
56
PRICES OF ACTIVE BONDS AT N. I . STOCK EXCHANGE ON FRIDAY, AND RANGE SINCE JAN. 1, 1887.
C losing.
N a m e o f B ond.
A tl. & P a c., W . D .— 1st, 6s, 1 91 0
W . D . in c.. 6s, 1 9 1 0 ........
G u ar., 4s, 1 9 3 7 .............
■Can. S outh.— 1st gu ar., 5s, 190 8
2 d , Os. 1 9 1 3 ...............................iCeu. I o w a —1st, 7s, ’9 9 , cou p , on
C en tra l o f N. J .—1st, 7 s, 1 8 9 0 .
C on sol. 7 s, 1 8 9 9 , a s s e n t..........
C on v ert. 7s, 1 9 0 2 , assent........
A d ju st. 7 s, 19» >3.........................
C on vert, d eb . 6s, 1 9 0 8 .. ... ...
L e ’h & W .B .,oon .7 s, 19 0 9 .a s’ n
A m . D o c k & Im p ., 5s, 1921. -
D ec.3 1.jJ an. 7
- ..........
29
39*3
1 08
1 05*3
95
95
8 9 b. 89 b.
108 b.|l 07*3b.
108% |l 10
108 *3b. 109
105 b. 106*s
86*3
83 7s
109 b. 110*3
97% b. 99
90*3
29
77
77
Low
est.
1
81
2
8
10
9
8
10
10
10
10
8
U
9
7
3 0 b. 3
6s, c u rre n c y , 1 9 1 8 .................... 29 %b. ...........
9
M ort. 6s, 1 9 1 1 ..................... ........ 9 7 b. .
C hes. O. & 8o. W .—5-6s. 1 9 1 1 ... 102 b . 103*3b.
14*sb.
118
b
.
1
C h ica g o & A lto n —1st, 7s, 189 3 .
........... 10
C h lc.B u r . & N or. - 1st, 5s, 1926.
10
C h ic. B url. & Q.—D eb. 5s, 1913 106*3 i 0 6
D e n v e r Dlvi-*., 4s, 1 9 2 2 ............
P la in 4s, 1 9 2 1 ................... ....
98
b. .
C losing.
1R a n g e sin ce Jan. 1.
....... fl
Dec 31. \Jan. 7
I H ighest.
9 0 *8 Jan .
29*8 Jan.
9 0 Jan .
1 05 % Jan.
95*s Jan.
9 0 Jan.
Jan .
108*6 Jan.
1 10 Jan.
Jan . 109 Jan.
106*2 Jan.
86*2 Jan .
J an . 110*2 Jan.
9 9 Jan .
Jan.
Jan.
Jan.
N am e o f B ond.
77*2 Jan.
30*4 Jan.
98*4 Jan .
105
106
99
Jan.
Jan.
Jan.
R a n g e sin ce Jan . 1.
Low est,
1 32 b .| l33 a.
92
2 b . 9 0 a.
Im p . <& E q u ip .—6s, 1 9 2 2 ......... 9
99*3 j a n .
%
100*s
o K .& T e x .—C on., 6s, 1 9 2 0 ... 9
99
9%
8 7 Jan.
87%
C on sol., 5s, 1 9 2 0 ........................ 1 ?87*s
7 *2
112
J an .
112*3
C onsol., 7s, 1 90 4 -5 -6 .................. I 111
ll
LIO Jan .
110
M obile & Ohio—N ew , 6s, 1 9 2 7 , 110
1st, E x te n sio n , 6s, 1 9 2 7 .. ...
63*a Jan.
1 s t p ref. debentures, 7 s ............ |63*4b.
63* 40. 65
3 6 Jan.
37
7 b. 36
2 d p ref. debentures, 7 s ............ 3
9,Q p .............
3 d p re f. debentures, 7 s ............ 29
4 th p ref. d ebentures, 7 s ..........
85 Jan .
M utual On. T ele.—S. f., 6s, 1 9 1 1 1
1 05*4 J a n .
105 *ab. 105*4
138*3 a. 1 33*sb. 1 33*8 Jan .
1 08% j a n .
1 09
D eb en tu re, 5s, 1 9 0 4 ............... 1 09
r.Y .& H ar.—ls t ,c o u .,7 s . 1900 131 *sb. 131 b.
85 ja n .
90
Y .C hio.& St.L .— 1st, 6s, 1 9 2 1 .. 9 7
7 0 %b. 7 0 Jan.
2 d m o rt., 6s, 1 9 2 3 ......................
66 Jan.
Y . C i t y * N o.—Gen., 6s, 1 9 1 0 . 6 7 b. 67*3
121*s J an .
125 b. 1 23
Y . E le v a te d — 1st, 7s, 1906.
Jan .
25
b.
126
127 b. 1
Y . L ack. & W .— 1st, 6s, 195
10 9 % Jan .
108 *3b. 1 0 9 %
lonstruetion , 5 b, 1 9 2 3 ........
7
Jan .
107
107*3 10
9 0 b. 9 0 b.
7
1
a.
7 0 b.
110
111 b . 112 j a n .
81*s Jan.
82*a
83
O. P acifle— l s t , 6s, 1 9 2 0 -----16*3
11 5% Jan .
118
%
I
>rth. P a cific—l s t , c o u p .,6 s, ’2
G e n ’], 2d , co u p ., 1 9 3 3 ............. 103*3 U 04*3 10 3 78 Jan.
„ 3 0 5 b. ] 06*3 Jan .
J am es R . V al. ls t , 6s, 1 9 3 6 .
0 4 Jan.
P a c.T e r.C o .—l s t , 6s, 1 9 3 3 .. iÖ7*3b.|; 04*4
122
%
: 18 %b. ] 1 8 % Jan.
O h io & M iss.—C onsol., 7 s, 1898
18 Jan .
2 d , co n so l., 7s, 1 9 1 1 ................. 119 b. L18
............1 0 9 Jan.
Springfield D iv .—7s, 1 90 5 . . . 109 b.
1st, gen eral, 5s, 1 9 3 2 ..............
O h io Southern—l s t , 6s, 1 9 2 1 . . 1 03 % *’ LÖ413 1 03*3 j a n .
42% Jan.
4 5%
41*3
2 d ,in c., 6s, 1 9 2 1 ...................
93
Jan.
93*4
O re g o n Irnpr. Co.—l s t , 6s, 191 j 9 3
09*¿b.
L08
Jan .
* re. R . & N a v. C o.—l s t , 6s, 190 110*3
04*sb. : 0 5 % Jan .
1
05
%
C on sol., 5*, 1 9 2 5 ..............----•
LOI Jan .
L02*3
.101
j H ighest.
100*3
8 7%
112*3
110
ja n .
Jan.
Jan .
Jan.
65
36
Jan.
Jan.
....
85*4
1 05*3
l 33*8
10 9
Jan.
Jan .
Jan .
Jan.
97
72
ja n .
J an .
68*3 Jan.
12 3
12 6
1u 9%
10 7 %
Jan.
Jan.
Jan.
J an .
9 9 Jan.
9 9 %a* ’ 98*3
9
122*2 Jan.
12
123 *sb. : 22*3
112 j a n .
Jan. 129*2 Jan.
83*4 j a n .
C onsol. 7 s, 1 9 0 5 ............... - - - - - 131 b. : 29*sb. 12
115*2 Jan
1 st, So. Min. D iv .— 6s, 1 9 1 0 ... 118 b. 15*3 11
1 16*3 j a n .
108 Jan.
08
1Í
1st, Chi. & P a c.W .D iv —5s, ’ 2 108%
104*3 Jan.
1 05 78 Jan.
W is. & M in . D i v .- 5 s , 192 1 . . 107 b. 05*sb. 1(
107*4 J a n .
104*3b. .03*8a.
1 0 4 % Jan.
T erm in a l 5s, 1 9 1 4 ................
141
Jan.
Jan
.
............U
141
18% Jan.
■Chic & N. W .—C onsol. 7s, 191:
Jan. 132*2 Jan .
L18 Jan .
G o ld , 7s, 1 9 0 2 ........................... 131 b. ,31*sb. 1!
L09 Jan .
S in k in g la n d 6s, 1 9 2 9 .............. H 7 b.
108*2 Jan.
109 b. 108*3 I f
S in k in g fu n d 5s, 1 9 2 9 .........
108*2 Jan.
L08%a. 1(
L04*3 ja n .
S in king fu n d debent. 5s, 193 108*3
1 03 Jan.
L07%b. 1(
4 6 J an .
2 5 -y ea r debent. 5s, 1 9 0 9 ....... 108
122*4 Jan.
9 3 % Jan.
•Oh.SI.P..M.& O.—C onsol. 6s. ’3 () 122*sb. L22 b. l i
100 Jan.
■-<
L09*3 Jan.
O h. 8t.Ii. & P itts .—1st, con . 5s, ’ 3 2 9 7 a. LOO
109 Jan.
1<
L05*a Jan.
O . C. C. & In d .— Gen. 6b, 1 9 3 4 . l l l * 3b. 109
101 J an .
LOI
K
. 99
L02*3 Jan .
87*2 Jan.
86 *ab.
i 86 %
9
1
j
a
n
.
8913
b.
89
b.
82 ja n .
82
G en . gold . 6s, 1 9 0 4 —
81*3 Jan .
80
In co m e , 6s, 1 9 2 0 .....................
119*2 Jan.
11913b. 1
0 119
.10 b.
)en v or & R io G r.—1st, 1
vansv. D iv — ls t , 6s, 1 9 2 0 .
79*2
Jan.
79*4
.
80*3
82*3 j a n .
1 st co n . 4 s, 1 93 6 . . . . •.
82*3
79*3 Jan.
In co m e , 6s, 1 9 2 0 .................
80 Jan.
Jan.
. 7 8 b. 7 8 b.
71*8 Jan.
)en. & R . Gr. W . - 1st, 6f
70*8 Jan .
R ich & A ll.—l s t , 7 s, 1920. tr. r C 70*8b. 71*3
7 7 Jan.
Jau.
7
7
7
5
b.
l
l
l
*
s
b
.
A s s e n t e d ................. . . . .
R ich m . & D a n .—C ons., 6s, 19 5 11413b.
8 0 Jan.
Jan .
5 8 0 b. 8 0
D eb en tu re, 6s, 1927 .............
.............
....
106 a.
D eb en tu re, a sse n te d ..............
52*4
j
a
u
51
Jan.
51*4
. 52*s
....
L a n d g ra n t 3 * s s ,1 9 1 1 ........
R o o b . & P itts.— l s t , 6s, 1 9 2 1 . . 115 b. L15 b.
I n c o m e 7s, 1 9 2 1 ...................
C onsol., 6s, 1 9 2 2 ..................... . 107*3b. 107 *«b.
9938 j a u
6 99
99%
E . T en. V. & G. R y .—C on.,5s,
110
a.
R o m e W . & O gd.— ls t , 7s, 189
107*2 J an
2. 107 a. 105 b. 1
102% J an . 103*8 j a n .
103*8
C onsol., ex te n d ., 5s, 1 9 2 2 ... ' ÌÒ3
136 J an
0 133 b. 133 a. 1
102 Jan. 102 Jan.
98*ab
113*sb.
.
113*sb
L o n g D ock , 7s, 1 8 9 3 .............
107*4b. 107*4 Jan. 107*3 Jan.
107*3
Jan. 116 J a n
l
73*3 Jan.
Con. 6 8 ,1 9 3 5 ........................ . 117 a. 115
7 2 % Jan.
.1 7 6
2d , in co m e , 5s, 192 5 ........
100 J an
97 J a n
98%
N .Y .L .E .& W —2 d con . 6s, e x 5. 9 9 7s
6.L. A l t .* T .H —1st, 7s, 18 . 1116 b.
F u n d ed cou p on , 5s, 1 9 6 9 .
.
l
l
l
*
s
b
.
2 d , M ., p re f., 7 s, 1 8 9 4 ........
90*2 J an
89*4 Jan.
8 9%
'F t. W . & D e n v . C. - 1st, 6s, 19 1 9 0 78
. . 1 0 7 b. .............
2 d ., M., in c., 7s, 1 8 9 4 — .
•Gal.Hor.& San. A n t .—1st, 6s , ’ 0 ............. 108 b.
39*«a.
D iv id e n d b d s, 6s, 1 89 4 —
110
b.
2 d M ., 7s, 1 9 0 5 .....................
114 b. 113% Jan . 1 1 4 j a n .
.1 1 3 * 8
St.
L.
&
Ir.
M
t.—1st,
7s,
189
100
Jan
J an .
100*3a 1
W est. D iv ision —1st, 5s, 193
112 b.
2 d m o rt., 7s, 1 8 9 7 ............. .
92*6
ja
n
,
91%
b.
92*6
Jan.
.
9
4
b.
98 ja n .
2d , 6s, 1 9 3 1 ..........................
[ l i b ó a. 9 7 b. 97*3 j a n .
p. 9 0 b. 9 6 b. 9 9 Jau . 100 Jan
I13*sb.
>6
113
b.
4
0
78
J
an
4
0
39*4
ja
u
.
..
4
0
7
8
114*3
ja n .
2d in com e 8s, 1911.
113% b. 114*3 j a n .
J 113
122*4 J an
19 124 b. 121*3 1
Juif C ol.& S a n .F e—le
6 s, Class C, 1 9 0 6 ....................... . 112*3b.
102
Jan
102
]
..
101
%
110*8*jan.
G old , 6s, 1 92 3 ..........
110*8 1 1 0 Jan.
.. 113
G e n ! m ort., 6s, 1 9 3 1 ...
10838 Jan
108 *4b. ;
11 108*3
.. 105 b. I0 0% b . 1 u4*3 Jan. 1 u4*3 Jan.
So. P a c., M o.—1st, 6s, 1
114 Jau
1 13 % a :
)fl 113%
1 1 0 b.
9
.............
t.
P
a
u
l
M.
&
M.—1st,
7s,
108 b. L09 Jan. 1 10 Jan
ff. 109
11713b. 118 b. 119 Jan . 119 j a n .
2d , 6 8 ,1 9 0 9 ......................
jfl 108 *sb 109 b.
1 22 b. 119 b. 119 Jan. 1 2 0 Jan.
1 st co n s., 6s, 1 9 3 3 ........
96*4 j a u
95*2 j a n .
96*4
. . 95*3
99*4 Jan.
99*4
9 6 Jan.
)9 97
Shenandoah V a l.- 1st, 7s
72 ja n
71*sb. 7 2 Jan.
G en . m ort. 6s, 1 9 2 1 .............. .. 72*3
4 0 b.
G e n ’l m ort., 6s, 1 9 2 1 ...
....
nd.BL & W .—1st, p ref., 7s, IS 0 0 ........... 116 *4b.
.
.
.
.
.
.
1
06
*sb
0. C arolina— 1st, 6s, 162i
92% ja n
91*2 ja n .
1 st, 5-6s, 1 9 0 9 ......................... . . 9 2 b 9 2 %
” 8 2 '' ä
2 d . 6s, 1 9 3 1 ....................
79
77*2 Jan. 7 9 J an
28*3
ja n .
28*3
Jan.
2 d , 5-6s, 1 9 0 9 ......................... .. 78
29
a.
.. 29
In o ., 6s. 1 9 3 1 ..................
9 1 % J an
91 Jan .
91%
E a stern D iv ision — 6b, 192 1 .. 91
....
. 110*sb l l l % b
31*2 J an
30*4 Jan.
31*8
I n co m e , 6s, 1 9 2 1 ................... .. 31
112 b 1 10 b.
38 a.
0.. 37*3
108 *4b 105*4b 105% Jan. 1 05 % j a n .
So. P a o., N. M.—1st, 6s, 1 9 1 1 .
117 " j a n . 117 " J a n
19 117 b . 117
61*3 Jan.
5 9 % Jan.
6 1%
ax. & P a c.—In c. & Id gr, 7s, ’ 15 61*3
9 1 % Jan,
94*4b
93*2 Jan.
.
.
.
93
7 3 % Jan .
73*3
C ou p on , 6s, 1 9 0 9 ...........
7 3 J an .
..
7 3%
R
io
G
ran
d
e
D
iv
.—6s,
193
0
11 67 a . 6 0 b.
69
a
G en . m ort. & term ., 6s, 190Í >.. 6 7 b
25 99 b . 100 a. 1 00 .Tan. 100 J an
1 00 b
12
1
0
0
b
ox.
*
N.
O.—Sab.
D
iv
.,
6
s,19
1 10 Jan . 1 10 J an
110
. 110
92 " j a n .
91 ja n .
91*3
_ ol. A .A . & N . M — 1 s t ,6s, 1 9S 4 ...............
50*4 J a n
4 0 Jan .
. . . 3 0 b . 50*4
103 Jan. 103 J an .
T o l.A .A . & Gr.T r.—1st, 6s. 19 21 105 b 103
111 b. 112 Jan. 1 12 J an
’ .. I l l
105
J an .
105
104
Jan.
7 .¡104*8b
75 Jan
63*4 Jan .
In co m e , 7 s, 1 8 9 9 ............... . . . 5 0 1 . 75
99*3 Jan.
9 9 Jan.
35.101 *aa 99*3
L o n g Isla n d —1st, 7 s, 1 8 9 8 .
114*3
Jan.
114%
1
14
Jan.,
117*3
. 115 b.
102% Jan.
1st, con sol., 5s, 1 9 3 1 ........
L a n d gran t, 7 s, 1 8 3 7 -9 ........ . . . 1 02 a 102 %b 102 Jan.
Jan. 119 J a n
98 119*8 119*ab. 1 19
118*4
Jan.
.
118
b
.
118*4
Jan
.
S in kiug fu n d , 8s, 1 8 9 3 ........ . . . 118 b
Ì0. 107 l>. 105 *sb.
. I l l b . 112*3 Jan. 112*8 Jan.
K a n . P a cific—1st, 6s, 1 8 9 5 .
92 ja n
i. 9 2
9 0 78 j a n .
. . . 97
.
.
..
2 d , 6s, 1 9 3 0 ..................
.
109
b
l s t , 6s, 1 8 9 6 ........................... . . 109 1
. . . 112*41). 1 14 b. 1 1 5 Jan. 115 Jan
E . H . & N.—l s t , 6 s, 191
. 114 b . 114 Jan. 1 1 4 Jan .
D e n v e r D iv .—6s, 1 8 ''"
107 J an. 108*8 Jan,
. . . 107 1). 107
G en era l, 6s, 1 9 3 0 ...........
107
Jan.
106 *sb . 106*3 Jan.
. . . 107
104*2 Jau. 1 0 4 78 Jan
. . . 104*4 104 %
T ru st B on d s, 6s, 1 9 2 2 .
107
1 06 % Jan. 107*4 Jan .
2 .. 1 0 6 %
.. 101
9
9
Jan.
1 0 -4 0 , 6s, 1 9 2 4 .............
.
99
Jan.
96 b
. . . 99
10. 110*41i 110*3 1 09 j a n . 110*2 j a n
L o u . N. A . & C h.—l s t , 6s
6 0 Jan .
W ab. St.L. & P ao. - G en., 6s, ’ 2 0 ........... . 57 b . 5 8 Jan.
. 95 a.
C onsol., g o ld , 6s, 1 9 1 6 .
....
91 1 .
. . . 93
)2 4 105
H e m . & Ch’lsto n —6s, g o l
85*4 Jan.
85*41 . 85*4 Jan.
9 . . 85*4
3 1 1 ..........
M e x ica n C en.—N ew a ss.,'
110*4 Jan. 111 Jan.
). I l l
’
9
0
111
128
Jan
128
Jan
.
M ieli. C entral—l s t , c o n ., 7s. ’0 2 1 2 7 7a b. 128
. . . 1 10 1}. 106 l ». 106 Jan. 108 Jan .
l s t , con sol., 5s, 1 9 0 2 . . . . . .
1 00 Jan. 100 Jan .
. . . 99 j. 100
2d, exten d ed , 7s, 1 8 9 3 .
M iss’r iP a c .—l s t , co n s., 6 s ,l 320 114 b. 115 b. 1 1 4 7V Jan. 115*2 j a n
9 0 % Jan .
■89 1). 9 0 % J a n
C on., co n v ., 7 s, 1 9 0 7 ... . . . 9 0 78
. 121 j ................ 1 22 J a n . 122 J an
S d, 7s, 1 9 0 6 ............................
109*3 Jan .
109 *sl ). 109 Jan
G reat W est.—1st, 7 s, 1 8 8 8 . . . . 110*3
P a c . o f M o.—l s t , 6s, 1 8 3 8 . . . . . 104 b. 104% b.
9 9 Jan.
9
9
J
a
n
j.
9
9
.
.
.
99
2d , 7s, 1 8 9 3 ..............
2 d m ort., 7 s, 1 8 9 1 . .•........ . . . . 110 }. 109*3 109 Jan. 109*2 Jan
9 5 . 110
S t.L K .C. & N .—R .e& i
121
119*2 Jan . 121*2 J an
M il. L k .S h . & W —l s t , 6s, l i 21. 118
103*4
ja n .
102%
J
an
.
.
.
105
1
0
2
78
W est S h o re —G uar.. 4 s.
M ich ig a n D iv .— ls t , 6s, 19 !4 .J .......... . . 116*8 1 14 Jan. 116*8 j a n
........
..........
IN A C T IV E
B O N D S . ______________________________ ___________
99*4 Jan.
Ill.C en .— (C on.)—G ’ld,3*as,1951 [100*sa.( 98%lVr 9 9 % J an .
C. St. L .& N .O .—G o ld ,5 s,1951 115*3 115 %
115 % Jan . 1 15 % Jan.
L a k e S h .-C o n .c o u p ., ls ,7 s ,1 9 0 0 130*4 1 2 4 b .
....
C on. co u p ., 2d, 7s, 1 9 0 3 122*30.
122*3 l? 2 * s Jan. 1 2 3 % Jam.
M etro. E lev a ted .—1st, 6s, 1 9 0 8 . 1 20 b. 117*4 1117 Jau. 117*4 Jan.
1 10 J an . 1 1 0 Jan .
110
2d , 6s. 1 8 9 9 ....................... 1 0 9 *sb.
M il. & N o r.—1st, M. L ., 6s, 1 91 0 105
1st, o n extern, 6s, 1 9 1 3 .............103
M organ’s L- & T .— 1st, 6s, 1 92 0 . -----1 st 7s 191 8
___ . . . . . . . . . . 125
N ash’. Ch. & S t.'L .- 1 s t , '7s, 191 3 133 b. 129*4 ¡129*4 Jan. 129*4 Jan.
N o rfo lk & W — G en’l, 6s, 1 9 3 1 .. 1 12 b. L12*3b. 112 Jau . 1 12 Jan .
N ew R iv e r—1 st, 6s, 1 9 3 2 ......... 114*ab. 115*ea. 114*3 Jan. 114*3 Jan.
Im p . & exten sion , 6s, 1 9 3 4 — (100 b .U ...........I
—
.
B u rl. C. R ap . & N. 1st, 5s, 190 6 il06*8b.|106s8 (106*4 Jan. 10t>% Jan .
C onsol. & col. tr., 5s, 1 9 3 4 ...................................... 102*3 Jan. 103*3 Jan.
C en tra l P a cific—g o ld 6s. 1895-8 117
1 14 %
1 14 Jan, 114 % Jan.
S an Joa q u in B r. 6s, 1 9 0 0 ......... 112 b. 113 b.
....
L a n d gra n t 6s. 1 8 9 0 .................. 1 02 78a, 102 b. 102*3 Jan . 102*3 j a n .
O hio. & E . 111.—1st, s. f. 6s, 1907 ............. ............... 116 J a n . 116 Jan.
C onsol. 6s, 1 9 3 4 . . . . . . . . . . . . . . . 115 a. 114
1 14 Jan . 114 Jan .
135 j a n .
C h i .R .I . & P a c.—6s, ooup. 1 9 1 7 ................ 133 b. 1 35 Jan.
109*a Jan.
E x ten . & co l. 5s, 1 9 3 4 ________ 1 12 a. 109% b. 109*3 Jan.
D el. & H ud. Can.—1st, 7s, 1891 108 *ab. 109 b .................
C ou p on 7s, 1 8 9 4 .......................................... 118*4 118*4 Jan. 118*4 Jan.
E va n s. & T . H .—1 st con s. 6s, ’ 2 1 1 1 8 b. 116*sb. 1 16 Jan. 1 16 Jau.
M ou n t V ern on —1st, 6s, 1 9 2 3 . 1 12 a. 1 1 0 b .'l l O
Jan. 1 10 Jan .
IU 'C e n tra l—1st. g o ld , 4s, 1 9 5 1 1 1 0 9 b .(lC 8 a. 108 Jan. 1 08 Jan.
N o t e —The le tter “ b ” in d ica tes p rice bid, a n d “ a ” p rice a s k e d ; a ll oth e r p rices an d th e ra n g e a re fro m a ctu a l sales.
J anuary 8, 1887.]
T H E CH RO N IC LE .
Ban.tc8-—The following statement show*, the
oomhtion of the Associated Banks of New York City for the
week ending December 81, 1886:
^
1116
R oads.
57
L a test E a r n in g s R ep orted.
Week o r M o
188 6 .
1885.
Jan. 1 to L a test D ate.
188 6 .
188 5 .
Col. & Cin. M id . 3 d w k D e c
s
C ol. H ook . Y . A T . 2 d w k D e c
2 0 6 ,4 4 7
D a n b u ry A N o r. N ovem ber.
2 ,2 2 6 ,7 8 8
D en v. A R io Or. 4th w k Deo
2 0 8 ,1 7 7
D en v. A R . G . W, N ovem ber.
6 ,1 1 9 ,0 5 *
Hew Y o r k . . . . . . .
10,480.000
D es. M o. * Ft.D , 3 d w ty D e o
9 4 6 ,8 5 1
Manhattan Co ...
0,468,000
D et.B .C ityA A lp . O c t o b e r . . .
3 7 5 ,8 4 1
Merchants'. . . . . .
6.148.600
45,000 D e& Lans’g A No. 4 th w k D eo
Mechanics’ . . . . . .
,8,264,000
E
.T
enn
.V
a.A
O
a.
America . . . . . . . . .
1
.2
2 8 ,4 7 1
3 d w k D eo
10,370,200
Phenix. . . . . . . . . . .
E va n s. & In d ’p lis 4 th w k D eo
3 ,9 9 1 ,2 7 4
2.847.000
259,000
C ity .....................
E
vansv.
*
T
.
H
.
4 th w k D eo
8.107.200
1 4 ,2 66
Tradesmen's. . . . .
750,04*9
F lint * P . M aro.
7 2 7 ,Í 5 6
2.674.100
D ec
'écf.ooo Fla. R y . & N av. Co 23 dwwkks D
Fulton . . . . . . . . . . .
3 9 .4 4 4 2 ,0 8 6 ,1 1 4 1 ,8 8 6 ,8 1 6
1.281,400
ec
Chemical.. . . . . . . . . ,19,442,600
5
4 ,1 9 4
F t. W. & Den. C ity 2 d wk D e c
Merchants’ Exoh
8 ,4 6 4
8.211.000
4 4 9 ,0 6 0
105,200 G e o rg ia P a cific.. N ovem b er.
Gallatin National
7 2 .9 1 9
6.115.800
5 9 4 ,9 6 2
r R ap . A Ind ou
3d w
wk
k. jL/eo
D ec
611,400 Gr.
Butchers’ A Drov
1.815.900
3
1
,2 7 9
227.600 G ran d T r u n k . . . W k D e o .2 ô
1 .8 9 8 ,7 2 3
Mechanics’ A Tr.
1.638.000
3
2
5
,8
0
7
G u lf C ol. A S . Fe. D e ce m b e r.
1 4 ,8 4 6 ,8 6 5
Greenwich.......... .
1.060.600
2 0 0 ,7 3 2
2,600 H ou s.A T ex.C en t 3 d w k D e c
Leather ManuTrs
1 .* 4 9 ,4 2 9
3,221,400
9 6 .4 4 4
536,800 111.Cent. ( 111. ASo) 3 d w k D e c
Seventh W ard...
2 ,6 9 8 ,3 4 8
1.192.600
3 2 2 ,7 7 5
44,600
State o f N. Y ......
C
edar
F
.
AM
ln
! 1 0 ,7 1 2 .8 7 7
3,437.500
3d wk D ec
3,401
Amerio’n Exoh’ge 16,210.000
D ub. A S io u x C 3 d w k D eo
1 3 4 ,4 7 2
23,6 81
Commerce. . . . . . .
18,485,930
la . F a lls A S .C . 3 d w k D ec
8 8 8 ,3 1 9
991,800
Broadway. . . . . . .
1
7
,9
6
0
6.163.100
T
ot.
Io
w
a
lines
6
1 5 ,8 0 3
3d
w
k
D
eo
46.000
Mercantile...........
4 5 ,0 4 2
6.084.100
T o ta l a ll lin e s . 3d w k D ec
1 .6 3 8 ,5 9 4
44,700
Paclflo. . . . . . . . . . . .
3 6 7 ,8 1 7
2.623.300
Ind. B lo o m . A W. 4 th w k D ec
1 2 ,3 5 1 ,4 7 2
R epublic........... .
6.648.600
5 7 ,6 2 5
3*1*7,200 Ind. D eo. A Spr. D e ce m b e r.
2 ,3 8 2 .9 2 0
Chatham. . . . .
4.376.000
4 3 ,3 2 8
45.000 J ack .T a m .A K .W N ovem b er.
3 8 7 ,9 9 1
Peoples’. . . . . . . . . . .
1.984.200
10,4
71
North Am erioa. ..
K . C .F t.S. A G u lf. 3 d w k D e c
9 6 ,3 3 9
3.085.900
4
5
,1
5
6
H a n o v e r ..... . . . . .
K an. C. 8p. A M. 3 d w k D e c
2 ,4 7 8 .4 0 0
9.746.100
180,000 K an. C. Cl. A Sp
33,5 14
Irv in g .. . . . . . . . . .
1 ,4 7 0 ,2 9 0
2.984.000
3 d w k D ec
188,800
Citizens'. . . . . . . . . .
2.437.800
45.000 K e o k u k A W est O o t o b e r . . .
Nassau. ..... ...
2.518.000
L ake E. A W est. 3 d w k Deo
Market.............
3.066.700
1 ,2 3 9 ,8 3 3 1 ,1 4 6 ,3 5 8
L ehigh A H udson N ovem ber
436,800
St. Nioholas... . . .
1.936.300
1 9 6 ,39 1
L. Kk.A F t.Sm lth O c t o b e r ..
1 6 1 .4 2 9
Shoe A Leather..
3.260.000
5 22 .18 7
4*35,5C0 L .R k .M .R .A T e x O o t o b e r . . .
4 5 3 ,3 6 1
Com Exchange...
5.772.900
2
8 6 ,7 3 8
L on g Isla n d ........ 4 th w k D e c
2 5 6 ,4 0 6
Continental..........
4.662.700
*49,500 L ouis. A M o. R iv
2 ,9 9 2 .0 1 7 2 ,8 4 2 ,9 8 4
Oriental............ !
Septem ber
2.060.000
4 0 1 ,2 2 4
Importers’* Trad 18,681.100
4 0 9 .8 3 1
Loui8.Ev.ASt.JL.
987,900 Louis v. A N ashv. 1st wk D eo
Park ...............
8 0 1 ,4 8 6
6 6 7 ,8 8 9
18.203.600
4th
w
k
D
e
c
823,1oo
45.000
North R iv e r ....."
13,9
89 ,8 7 1 1 3,6 7 6 ,7 7 4
1.944.000
L ou.N .A l.A C hio. 4th w k D eo
171.0001
East R iv e r....
1 ,8 8 1 ,2 6 0 1 ,6 8 3 ,6 5 3
1.205.400
L
ouisv.N
.O
.
A
T
.
156.400
N
ovem
b
er.
224.400
Fourth National" 19.066.900
1 ,5 3 1 ,4 0 7 1 ,1 4 6 ,5 9 2
728.900
360.000 L y k e n s V a lle y . O c t o b e r . . .
Central National..
8.124.000
6 3 3 ,9 9 4
980.000
6 6 2 ,6 1 9
45.000 M aine C e n tra l.. O c t o b e r ...
Second National..
3.036.000
278.000
2
,5 8 3 ,9 7 » 2 ,4 1 2 ,4 4 8
44.000 M anh attan E l . .. D e ce m b e r.
Ninth National...
5.226.700
347.000
45.000 M ar. A N o. G a .. O c t o b e r . . .
First National.... 19,513.300
556,600
267.400 M a r.H ou gh .A O. 3d w k D eo
Third N ational...
5.366.900
234.300
N. Y. Nat. Exoh.
M em phis AChas.
8 1 4 ,0 0 9
1.302.200
147.200
201,200 ’ M ex ica n C ent’l. 3 d w k D e c
Bowery .............. .
1 .3 1 6 ,5 5 4
2.435.100
4th w k D eo
354.900
225.000
N. Y. C ounty....,
2.861.900
3
,5
5 9 ,5 6 1
*M
ex.N
.,all
lines
180, áoo!
N o v e m b e r.
180.000
German-Amerio’n
2.811.000
M ich. A O h io ... N o v e m b e r
1 ,3 8 1 ,8 8 6
118,400)
Chase National...
3.743.900
1
6 8 ,4 4 1
165.300
M
il.L.Sh.
A
W
est.
*45,000
4 th w k D eo
Fifth A venue.....
3.234.700
110.900
M ilw aukee A N o |4th w k D ec
1 ,3 6 5 ,2 7 7
German Exoh’nge,
2.415.100
350.000
5
6
1 ,2 6 1
M
inn’ap
.
A
S
t.L
.
O o t o b e r ..
Germania. . . . . . . . .
2.350.400
311.900
1 ,4 1 2 ,7 0 9
Minn. A N o. West. 3d w k D ec
United States.....
4,350,000
37.300
45.000
M
iss.
A
T
e
n
n
.
..
Lincoln. . . . . . . . . .
2.536.600
166.200
44,500 «M o b ile A O h io. N ovem ber.
Garfield................
1.591.600
169.400
46.000 Nash. Ch. A S t.L . D ecem ber.
Fifth National....
1.405,303
N ovem b er.
127,200
135,600
B’k of the Metrop..
3.602.200
f N .Y .C .A H .R ... N ovem b er.
273.900
West Side........ .
1.784.700
250.300
N. Y . C ity A N o. W k.D ec.25
S eaboa rd ......... .
2.025.700
143,500
45,000 eN. Y .L .E rie A W . N ovem b er.
Sixth National*...
1.789.600
192,600
N. Y . P a. A O . N ovem ber.
180,000
N. Y . A N ew E n g
T otal
343,687,500 82,718.100 19,370,400 369,268,600 7,911,500 ÖN. Y . O nt. A W N ovem b er.
4 th w k D e c
No report ; same as last week.
N .Y .S usq.A West N ovem ber.
N orfolk A W est 4 th w k D e c
The foliowmg are totals for several weeks past:
N orthern Cent’l N ovem ber.
N orthern Paofflc
1886.
Loans.
Specie.
L. Tenders. Deposits. OircvXaUon lAgg. Clear’gs O hio A M i s s ...., 4th w k D o
1st w k D e c
Ohio S o u th e rn .. N ovem b er.
9 ’
9
9
9
9
9
O regon Im p. Co. O c t o b e r . . .
348,693,700 74.386.000 18,062,600 353.761.600
343,4*4,100 77.303.000 17,847,300 351,672,400 7,914,100 993.536.166 Oreg. R . A N. Co. 1st w k D eo
343,687,500 82,718,100 19,370,400 359.268.600 7,903,000 604,768,526 Oreg. S hort Line O c t o b e r . . .
7,911,5001526.272,25 "
P e n n s y lv a n ia ... N ovem b er
P eoria D eo. A E v . 4 th w k D e c
RAILROAD EARNINGS.
P hlla. A E r ie ___ N ovem b er.
, . I hf6i a! e8t railroad earnings and the totals from Jan. 1 to P hila. A R ead in g O c t o b e r ...
latest date are given below.
1 fcU D o C. A Iron O c to b e r . . .
R loh m ’d A D a n v. D e ce m b e r.
V a.M idl’d D iv D e ce m b e r.
L a test E a rn in g s R eported.
R o ad s.
So. Car. D iv .. D e ce m b e r.
Col. A Gr. D iv .. D e ce m b e r.
W eek o rM o l 1886. [
1885.
W est.N o.C .D iv D e cem b er.
W ash. O. A W . . D e ce m b e r.
A tch. T . A 8 . F . . N ovem b er. |l
tR om e W. A Ogd. O c t o b e r . . .
2 ,2 0 6,59 3 1 .4 1 9 .0 2 8
* 8 on ora ............ O c t o b e r . . .
Bt. J o . A G d . Isl. 4th w k D e c
1 ,1 6 4 ,7 7 9 1 .0 9 7 .0 2 8
Balt. & P otom a c N ovem b er.
S t.L .A lton A T .H . 3 d w k D e o
1 ,2 3 1,16 5 1 ,2 3 5 ,2 2 4
B uff.N .Y .A Phil. 3 d w k D e c
B ra n ch es......... 3 d w k D e c
7 7 6 ,7 5 9
Buff. R o ch .A P itt 4.........
7 4 3 ,1 5 2
St. L . A rk .A T e x . 4 th w k D eo
th w k D ec
1
,8 2 0 ,1 1 5 1 ,2 9 4 ,8 3 3
B u r.C ed .R .A N o. 4 th w k N ov
St. L . A S an. F ran '4th w k D e c
4 .8 6 0 .8 8 3 4 ,3 8 3 ,4 0 6
Cairo V . A C hic. 4 th w k D e c
St. P a u l A D uluth
1 ,5 2 2 ,3 2 6 1 ,3 8 1 ,2 1 2
Cal. S ou th ern . ..D e c e m b e r .
8 t.P .M ln .A M a n
7 .3 9 3 .8 8 4 7 ,5 2 1 ,1 3 8
{Cam den & A tl N ovem b er.
S cio to V a l l e y . ..
30,5 13
5 6 0 ,6 6 2
C anadlanPaciflc k t i i w k D e c
'S h en an d oah V ai
2 3 2 ,0 0 0
6 8 6 ,3 4 0
6 36Í779
S outh C a ro lin a ..
Cp.F’r& Y a d .V a llN ov em b er.
I
16,769
1
,0
2 2 ,6 3 8 1 ,0 2 9 ,3 3 1
Catawissa........... ¡Septem ber
S o.P ao. C om p’y —
I 1 19 ,00 0
Central I o w a ... 4 th w k D e c
G
a
l.H
a
r.A
S
.A
O
c
t
o
b
e
r
...
29.855
),806 2 ,1 4 0 ,8 1 8 2 ,5 2 2 ,4 3 2
Central P a c ific . O c t o b e r . . .
G .W .T e x .A P ... O c to b e r . . .
1 ,4 8 0,58 8
>,413
3 7,8 05
Ciieeap. <fc O h io. O c to b e r ..
IiOuis’a W est. O c to b e r . . .
3 0 7 ,4 3 6
>,615
5 2 1 ,2 6 8
484,4*3*3
E liz.L ex .A B .8 . O c t o b e r ...*
M orga n ’s LA T O c t o b e r ...
7 0 ,9 3 2
r,958 3 ,2 5 9 ,5 8 5 3 .2 1 8 .0 2 9
Ches. O. A S. W . ¡O cto b e r. . .
N.
Y
.T
.
A
M
e
x
.
O c to b e r . . .
1
6
3
,1
0
7
>,725
1
2
8
,98
9
Chicago A A lton 4th w k D ec
T e x . A N. o r l . O c t o b e r . . .
,665
1 5 8 ,6 6 0
8 01 ,09 7
8 0 0 ,2 4 2
cm c. A A tla n tic 4 th w k Deo
T ot.A t.S y stem O c t o b e r ...
4 1 ,7 3 6
6 ,8 8 9,53 5 7 ,2 2 3 ,2 7 4
Chic. B u rl. A Q . N ovem b er.
T ot. P a c. S y s .. O c to b e r . .
2
,3
1
8,05
3
9 ,2 4 2 ,5 5 5 1 7,9 1 5 ,6 1 0
Chio. A E ast. HI. 4 th w k D ec
T
otal
o
f
a
ll___
O c to b e r . . .
3 4 ,7 82
¡6,132,088 2 5 ,1 3 8 ,8 8 1
Chic. M il. A S t.P . 4 ih w k D ec
S taten Isl’d R .T r D e ce m b e r.
7 3 4 ,4 3 2
,637
7 9 9 ,5 2 1
669 624
Chic. & N orth w . 4 th w k D ec
Sum m it B ra n ch O c to b e r . . .
6
0
1
,2
0
0
»,326
5 1 1 ,6 5 1 1 ,1 7 5 ,1 1 2
C h.8t.P.M in.& 0. 4 th w k D e c
T e x a s A P a cific N ovem ber.
1 30 ,80 0
’,462 5 ,2 9 0 ,1 3 3 4 ,9 7 3 ,2 4 7
Chic. A W . M ich. 3 d w k D e c
T
ol.A
.
A
.
A
N
.
M.
N ovem ber.
1,494
2 3 ,6 7 7
Cin. & E a s te rn .. S eptem ber
T ol. & O h io Cent. 4th wit D ec
14,7041
»,751
=,816
.*".’ " "
Cm. H am . & D . 3 d w k D e c
U n ion P a c if ic ... N ovem b er. 2.Í
5
7
,8
12
,206 !
»,254 2 3 ,3 7 1 ,5 5 7
C|a.Ind.8t.L.&0. 4 th w k D e c
6 1 ,8 2 6 2 ,5 6 7 ,3 8 2 2 ,3 7 3 ,4 6 7 V alley o f O h io .. N ovem ber.
,5 7 6
........
cin. jr. a M a ck .. N ovem b er,
W
ab.
St.
L
.
A
P
.
4 th w k D e c
12,0 19
165 ,43 2
»,316 1 1,9 3 6 ,2 9 7
cin. N. o. & T .P . 3 d w k D ec
1 1 8 ,2 0 2
5 5 .3 7 0 2 ,7 5 3 .1 1 7 2 ,5 8 0 ,9 9 7 {W e s t J e r s e y ... N ovem b er.
,891 1,199,14.8
Ala. G t. South. 3d w k D ec
W iscon sin C ent’l 4_ tu
„ „ w kH
D e c,
2
5,9
31
1
,1
6
9,13
6
,7 6 3 1 ,4 6 1 ,0 0 6
N. Orl. & N. E . 3 d w k Deo
1 ,0 3 6 ,6 8 2
M
in.
S
t.C
.A
W.
4
t
h
w
k
D
e
c
1 8,7 32
6 31 ,38 6
»,473
1 8 3 ,7 8 4
6 6 7 ,4 1 0
vioksb. & M er. 3d w k D e c
W is. A M in n .. ’ 4 th w k D e c
1 7 ,9 45
4 99 ,54 8
»,807
1 5 8 ,0 7 4
4 6 0 ,1 6 6
vicks. Sh. A P. 3 d w k D e c
1 7 ,7 5 6
4
9
4
,3
7
9
4
2
5
,7
0
2
HCCh.&Ft.W.|3d w k D e c
7,0 4 1
3 72 ,14 9
“ ^
Pu rP°se8 o f com p a rison , St. L ouis A C airo, n o w ODerated h v
3 6 3 ,2 9 6
Ash.<feBalt|3d w k D e c
35,031 1 .9 4 9 ,0 7 8 1 .6 5 6 ,8 4 3 th e M ob ile <&O hio, is in clu d e d in b o th yea rs fro m an d a fte r J u ly 1
^
A k ro n * Col 3 d w k D e c
8,429
5
1
2
,1
6
8
4 8 1 ,9 5 7 i
A C an ton . N ovem b er.
2 2 ,5 16
3 2 7 ,5 5 5
2 6 4 ,8 3 2
•Col.C.A Ind O ctob er
3 6 2 ,0 8 4 3 ,4 2 7 ,5 3 6 2 ,9 9 4 ,3 5 6 I
'• A M a rietta jO ctob er
c N o t in clu d in g earnings o f N e w Y o r k P e n n sy lv a n ia A Ohio,
M exican cu rren cy .
{A n d branch es.
f In clu d in g W est S h ore in 188 6 .
{ A n d B ranohes.
* M e x ica n cu rre n c y .
----------- TTZ^T
~ In fact coal has been gradually
cheap during the past y
This year it has cost our
falltog in Price «0.’
OiiO t ^ in 18^ or 1884.” * * *
58
j e s t r o s t i l
M “ K h e T l a r | e item
AND
« » f t e o aa
[Y o ii X L 1 V .
c h r o n ic l e .
th e
■sS3dr S . ! h N « t year t o company wilF doubtless, be obliged
a»t«U *g <«*gi
to buy much
a© for all travelers has been one
i( The
fare pj j
fLis vear. as against
cent
andaverage
ninetydwo^nedmndredth^ttus^year^^^^g^
. one
the Funded Debt o f Btat88V ^ com panies. It is published
Knnds o f Railroads and other Lompun
^ February,
on the last £afurda^ of
°Jnd December , and is fu r -
n iM U e d ,
S B W a ^ i * S & - » * * - a g a in s to n e ^ n t^
fifty-eight one-hundredths last y
after January 1st, 1887,
the board, fares
R e main line, and two and one-half
to two cents a miie on the
Line Divisions,
cents on both the Shore LineMm
alway8 be, much new
“ There is still, and proban y
abre> of the time8, but
work to be done to
P
^ assumption that we carry ^3
by the proposed teductiori
year as we did the
K yt h e 1 S S e in passenger receipts would be about a half
T h e s t a t is t i c « t o r t h e ! l^ e t h |“ le ^ <y o r k S t a t e C o m m i s s i o n e r s
a lth o u g h th e s ta te m c n
on w a 9 j n a d e s o m e t i m e a g o , a n d
m'“ Theincrease in number of passengers carried one mile
§ i? g g *
u
^
S L _
repo rts.
annual
New Tork Central A h S . « « BlT“
(For the year
% xv
® ^ , r“ 4,
* » ? » * * £
& t
« < * < &* ■ 30 were
p u b l i s h e d f n t h e C HK ° N l C L K o f D e c l 8 , o n ^ > g e ^
th e W e st
board has decided to distribute
April next, which will
P The Central report « X r l e s £o ? a full year, and the surplus quarterly, c , ^ e«rSl?J ^ S ter of the calendar year 1887. It is
Shore earnings and charge
r
* n0 interested. The
SL b0 abje t0 pay two and one-half per
over all expenses is gratify g 't0.n 188% has thus far accom- be the end of the
hoped the
of five semi-annually, as heretofore.
itohetl for the t r u n k l i n e s a b o u t everything that could have t ' i S
i *
' t e for four years, compiled for
a
.
C h r o n i c l e , have been as below,
^
“ S S ' o t 1'traffic, earnings, income, So., are shown m the CHRONIC , operations AND f18Cal results.
the following tablesv
^
K8C,U,
o p « « » » « - I fd
, ’S
ilo ïiS g »
P a s s e n g e r s ^ ^ • • ' d o J S S j S e i 3 8 7 ,8 2 9 ,8 8 0 4 -^:\>? 7 ’l 7 4
iS ÂSS â fn ? Äà S
l ’g Î ots.
,Ä S » 1 07
lò0 0li«
» „ S S jg^ S ttS
 1 « iW
87115 21378|120e
^
*
A v .r a te p ,ton p. un ie.
E a rn in g s—
P a s s e n g e r .. ■
F r e ig h t .........
C ar s e r v ic e ............
M a il a n d teleg ra p h
0-91 eta
$
8 ,5 2 6,84 3
2 0 ,1 42 ,4 3 3
9 9 6 ,3 3 1
6 9 8 ,3 8 4
-----
0 83 eta.
$
7 ,5 3 3 ,2 1 3
1 6 ,4 34 ,9 8 3
1 ,0 0 9,27 8
6 9 8 ,91 6
0 -76 ets.
$
8 ,7 8 6 ,1 2 4
1 8,4 7 6 ,5 3 2
7 1 7 ,9 9 8
7 8 6 ,1 4 8
„T ^ a lö n
21 6 4 0 .1 7 5 2 8 ,0 4 8 ,8 0 4
1 6 ,1 “ ' . 8 « 1 8 ,0 10 .3 7 7
------- ------------------------------- —
" ^ 2 7 ,1 0 7
5 ,3 2 0 ,8 0 3
9 ,4 3 8 ,4 2 7
T ota l ca rn i,1SS—
O p eratin g e x p e n s e s .. 20 ,/D u ,o j *
N e t ea rn in g s...............
0 68 ets.
$
6 ,2 1 9 ,6 3 9
1 4,7 0 2 ,5 3 8
F re ig h t (tons) 1
E a rn in g s—
P a s s e n g e r....................
F r e i g h t ........
M ail, e x , ren ts, « C --
T o t a l ..........................
N e t e a r n in g s --.
p . c. o f op . e x . to ear s
9 .6 1 3 ,3 9 7
. M u s i v e o f co m p a n y 's M W *
•
$
1 3 ,0 2 0 ,1 2 8
188 5 -8 6.
1 88 4 -8 5.
1 88 3 -8 4.
1882-83.
$
9 ,6 1 3 .3 9 7
1 ,7 5 7.21 6
3 0 6 ,9 1 5
1 ,3 4 2 ,6 0 0
M et e a r n i n g s ...— M entals and in terest
"Use o f r o a d .................
O th er r e c e ip t s .... -•
T o ta l in co m e —
D isbu rsem en ts—
M entals pa id - - -• - - ••
I n te re s t o n d e b t . . . .
T a x e s o n earnings as
ca p ita l s to o k ..........
D iv id e n d s ...................
T o ta l g ro ss e a ra ’s .
O p e ra tin g e x p e n se s.
T a x e s ............................
$ „„
„
7 ,8 2 7 .1 0 7
1 ,7 3 9 ,8 9 9
3 1 3 ,0 5 2
*4 19 ,29 6
5 ,3 2 0 ,8 0 3
2 ,0 1 2 ,7 4 7
3 19 ,01 5
4 5 7 ,5 0 1
9 ,4 3 6 ,4 2 7
1 ,6 8 9 ,5 1 3
3 2 7 ,82 8
4 4 0 ,2 1 7
i^ m 3 3 4
8 .U 0 .0 6 6
1 1,8 9 5 ,9 8 5
1 .9 4 8 ,0 2 8
3 ,3 8 0 ,0 8 2
1 ,9 7 6,02 8
3 ,6 8 1 ,7 9 5
3 ,4 8 2,2 a0
3 ,5 5 9 ,6 5 1
3 02 ,48 5
7 ,1 5 9 ,6 4 4
2 7 5 .9 0 2
3 ,1 2 9 ,9 9 0
2 0 3 ,9 5 4
3 ,5 7 7 .1 3 2
q _ _ 52g
¿ ’ 4^ 2’,308
{>>
a „ 43Q
7 1 4 8 ,13 1
J j _ ___i.___ _
1 2,8 4 1 ,1 0 3
179 ,02 5
q 045 i n
2 4 2 3 :5 9 4
* * 5 27 ,08 9
4 ,2 2 5 ,6 9 8
21795.241
5 8 1 .0 0 7
6 ,7 2 9 ,3 7 4
4 ,1 9 7 ,2 0 7
2 9 6 ,2 6 0
6 ,8 8 7 ,2 5 9
4 ,3 2 9 ,5 2 9
3 2 5 ,5 1 5
fi R 95.824
4 1 3 8 ,2 7 1
3 1 1 ,0 1 7
7 ,6 0 1 ,9 4 6
4 ,4 6 8 ,8 8 4
3 0 6 ,9 4 6
4 .6 5 5 ,0 4 4
L 4 9 3 .4 6 7
2 ,2 3 2 ,2 4 5
2 2 3 5 ,9 0 7
67-58
66-77
INCOME ACCOUNT.
1882-83.
1 88 3 -8 4.
4 .4 4 9 ,2 8 8
2 .4 4 6 .5 3 6
6 4 -5 2
4 ,7 7 5 .8 2 0
2 ,8 2 6 .1 2 6
62*82
T o t a l ..........................
9 ,0 6 3 ,7 1 7
1 2 ,7 9 0 ,2 3 9
T o t. dish nrsem ’n ts
9 5 3 ,6 5 1
2 ,4 9 0 ,8 8 5
B a la n ce , s u rp lu s—
d eficit.........
wL r e l l u ^
h v tra'n8; : ; o f ,6 4 1 .5 8 2 from sale o f o ld m aterials
„
$
:::
B a la n ce
„
1 88 4 -8 5.
9
2 ,2 3 5 ,9 0 7
2 ,2 3 2 ,2 1 5
2 .4 1 6 .5 3 6
4 23 ,35 1
190 ,48 5
3 8 ,8 8 2
4 2 2 ,9 9 2
2 5 0 ,0 5 2
4 2 5 ,6 6 8
2 5 0 ,0 0 0
Disbursements—
10^823,017
1 ,0 7 2 ,9 6 8
9
3 ,9 1 8 ,4 0 9
2 ,4 4 0 ,9 1 8
5 27 ,93 1
9
M entals p a i d * . .........
Inte re st o n d e b t .......
O th er in te r e s t...........
ä
1 8 8 5 -8 6 .
8 ,2 6 7 ,3 1 0
3 ,7 4 9 ,4 7 3
2 ,5 0 1 ,6 2 3
4 7 8 ,2 7 8
N e t earnings - . .........
»
1 8 8 4 -8 5.
7 ,7 6 5 ,5 7 5
, 8 8 8
1 ,5 6 9 :1 7 1
1 &
"
^
~
33,1 89
g £
1 8 8 5 -8 6 .
9 „„
2, 828,126
4 4 2 ,8 7 6
2 5 0 ,0 0 0
ÿ fg g g
-1 5 5 5
»In clu d in g ren ts o f d ep ots an d grounds.
Richmond & AUeghany B “ « 1'»“ «(For the year ending kept. 30, 1886.)
lay th a ^ h ^ a ire^ y taken
has6 wearfedThe patience of
bondholders.
Haf>ai vear is mainly statistical, but
The report for the l a s t fascal year ™
{ the bonded
the following note is made as to the dwerence
the
years past was given
debt which have « « “ ^
e^ “ <S o r e d by pledge of t o t
The balance sheet onSept.
t 745ft.be total figures ro company p p °r to the
m
at an average price of
f n the C h r o n i c l e o f D e c . 1 » , o
,q 1885j b u t th e ite m o f
mortgage bonds. have ta
demands to tbe extent
1886 not d i^ ^ ^ ^ e p ie s e it in g * accumulated surplus, was per ^ ^ in 4^ r yTn^ne c S there was a surplus of 3
“ orofit and loaS, represe
& „„ qoo jn 1885.
57 bonds, $57,000. In
>pbe receivers have also re
♦11,473,468 this year agamst $10^508,33
and the head of of
bonds after the claim wim eaushe • 4
cent therefor
tS
ia surplus “ balance or Pro“ \,
.
liabilities has been m a d e up as o 0> •
1 8 8 5 -6 .
K dy
« » - W -.»
to credit of e x p en se a ccou n t.
H al. f
r
o
1 8 8 2 -3 .
1 8 8 3 -4 .
494 $ 1 0 ,5 0 8 ,3 ^ 2
*15, 5. 11, 055 » 1 0 , m , 1 9 ? * 1 9 ,8 0 5 .
_
m
1,000
i S
S
. S
*
.
W
«• .7 0 5
I S S J W
B a c k t a x on------cap fee.
. <feA eo. int- o n In a id s ...
O ld rev en u e c la im ...
W
»
o9 u
1 4f t,0M
5 0i
66,3 31
* l9 .8 0 3 .4 0 ÿ îi.e iO .| 4 4
.............
5 7 .5 4 8
¿ 1 5 9 4 8 1 7 5 $ 1 5 ,2 9 4 » 8 9 $ 1 2 ,8 0 3 ,«0 4 $ 1 0 ,4 0 0 ,5 0 2
L e a v in g .................$ l o ,9 4 8 ,i
T 2 ;4 0 0 f8 8 3
9 5 3 ,6 4 7
to
S S u s c y :•
1DiV' T
0' ' l 0 ’
1 7 9 .0 2 3
"
^2,966
........
^ i r ^ i
-...^
$ 10 ,5 0 8 ,3 3 2 $ 1 1 ,4 7 3 ,4 6 8
New’ York New Haven & H artford R ailroad.
(For the year ending Sept. SO, 1886.)
llrT&
foSw m ade to
Ship, secured by pledge
5 S S payment of
them at 50 per cent
(S ,(» 0 ,
the loans to the ext®^ d
qoo improvement bonds, have
Holders of loan secured by $2,wu imp ^ receivers have resoid tne
the eamc
same auu
an apph P (^ T ftAA__DaYing
000_ paying at
at the
the rate
rate of
of 30
3
sold
deemed a further amount of
certificates,
per
e n t — $24,000 in^5 year o per wun ^ ___0f
per ccent—$24,000
^ ^ JtebaveConsented to extend the time cf
The Alleghany Car^ J ^ ^ A almen” s o f principal for five years
payment on the several mstalm nts^ g V
o^nt tQ 5 per cent
and reduce the riite oi i *
t f $75 000 have been retired
W
d p crocb i reemvem
“ S ftC IV ttle m e n tB ^ h e amount r f U m p g « » » rh“ ^
The pamphlet report for ^
the many uiafesued. The president say^ , , „ ur8Uits on which, more decreased $655,000 during ^ ® ^ . Q|asg l 6 percent, $172,66» 1
S a n e « in the
M , fiscal year d ^ T y e S s ) , 5 p S cent $111,MO; * * * $384>317‘
KP y
„ iEArNING5 AND expenses.
- or less, the prosperity of our roaa ^
hag been the result of classes,
1885-6has been one of unusual suooess.
few expensive
188 4 -5 .
.
1 8 8 2 -3 .
1 8 8 3 -4 .
$353,53a
$ 1 3 7 ,2 2 6
E a rn in g s—
* 07-, 732 $ 3 3 1 ,6 5 0
“ veral concum oe c » u s « ^ W e bav^h
Jg
bfe or
142,031
1
5
2
,3
4
8
.. ................................................... * 153’ 7 9 2
1 6 0 ,15 0
17926
1 5 ,2 4 5
accidents of &py
.
Tidinu on a train ; our road is beg
P a ss e n g e r...............................
14*198
1 4 ,5 4 2
19,738
1
9
,6
6
6
limb of passengers
of'tlie improvements of one sort M a i l ..................................
17’. 089
2 1 ,9 1 1
2,49*
2 ,4 5 2
ning to realize the benefits^^ne ^
it from ye t0 y, „ ; E x p r e s s ...............
2 ,3 7 7
8 ,3 1 6
T e le g r a p h ..................................
and another
have 1bee
J j coai and oil, have been quite
besides, seme supplies, espeem j
8, 1887 J
January
T H E C H R O N IC LE .
__
.
1 882-89.
M is c e lla n e o u s ..........................
$ 4 ,7 4 0
B e n t s ............................................
6,3 0 3
W a te r r e n ts ..............................
2 0 ,9 4 9
R ic h m o n d d o c k s ..................... 3 3 ,1 3 0
M a n ch ester w a te r p o w e r ...
1 0 ,9 67
1 83 3 -3 4.
$337
4 ,5 8 6
2 0,4 92
3 0,2 62
1 1 ,8 0 7
1881-05.
$91 1
6,2 5 9
1 9 ,6 2 9
2 5 ,4 4 8
1 0 ,4 07
1 3 9 5 -8 6
$844
6 ,1 2 8
20,3 07
2 3 .7 1 5
1 0.3 25
T ota l e a r n in g s .. ............ $ 6 3 5 ,3 2 7
O p era ting exp en ses—
C on d u ctin g tr.< n s»orta tion .$ 1 5 4 ,2 3 0
C o n d u ctin g tra n s’n ex p re ss .
9 ,3 2 5
M dint. m o tiv e p o w e r & ca rs. 4 2 ,0 3 2
M a in t. w a y an d b u ild in g s ..
8 5 ,6 1 0
O p era t’g colla tera l p ro p e r’s. 4 2 ,0 2 6
G en era l e x p e n s e s ...................
7 3 ,6 1 7
$ 6 0 1 ,0 8 3
$ 5 8 9 ,5 9 1
$ 5 9 7 ,0 4 8
$ 1 7 1 ,1 6 5
1 2,0 8 t
4 6 ,6 8 9
105 .42 9
2 7,3 2 3
5 7 ,4 1 4
$ 1 5 3 ,5 2 2
1 3,5 62
5 1 ,0 4 9
1 0 1 ,2 8 0
3 1 .7 2 5
5 3 ,7 8 0
$ 1 5 4 ,5 4 3
13,7-19
4 8 .7 1 9
13 1,318
2 9 ,7 3 8
5 2,2 S o
T o ta l o p e ra tin g cx p e n s e s$ 10 >,900
R e t ea rn in g s..............................$ 22 8 ,4 2 7
$ 4 2 0 ,1 0 4
$ 1 8 3 ,9 7 9
$ 4 0 1 ,9 1 8
$ 18 1 ,6 7 3
$ 4 3 8 ,3 5 0
$ 1 5 8 ,6 9 8
GENERAL INVESTMENT NEWS,
59
•--------- October.---------, —10 m os. en d in g Oct. 3 1 .-*
_
.
1886.
1885.
1886.
1895.
G ross e ir n in g s ............. $ 4 0 8 ,6 8 3
$ 1 6 1 .0 8 *
$ 3 ,4 2 7 ,5 )5
$ 2 ,9 9 4 ,3 5 6
O p eratin g e x p e n s e s ..
2 3 4 ,9 0 3
2 3 6 813
2 .1 6 0 .8 3 6
2 ,2 4 8 ,1 4 0
. N ^ e a r n i u g s ........
In terest, ta x e s, <fco—
$ 1 7 3 ,7 8 0
6 9 ,0 55
$ 1 2 5 ,2 4 1
8 2.427
$ 1 ,2 6 6 ,6 9 1
6 3 0 .6 6 3
$746 215
7 0 0 ,5 7 3
B a la n ce ............................ $ 1 0 4 ,7 2 4
A d d itio n s to p .o p e r t y .
8 ,3 7 7
$ ) 2 3 14
1 0 ,2 7 3
$ 5 7 6 ,0 3 4
1 6 2 ,9 7 3
$ 4 5 ,6 4 3
140 ,03 1
$ 9 6 ,3 4 7
$ 3 2 ,0 4 1
t
$ 4 1 3 ,0 8 1
D e f.$ J 4 ,3 8 8
Denver & R io Graude.—Tho gross and net earnings for
November, and from Jan. 1 to Nov. 80, were as follows:*
-— J a n 1 to N ov. 3 0 .— .
'— - - ^ M e m b e r .-------- «
„
,
1 88 6 .
188 a .
1886.
1885
G ross e a rn in g s ................$ 6 4 8 ,9 0 7 $ 5 7 2 ,9 8 3
$ 6 ,1 0 2 ,8 6 3 $5 614 *75
O p eratin g e x p e n s e s .... 3 9 5 ,7 3 7
3 5 8 ,0 1 3
3 ,8 5 2 ,7 1 3
3' 628,’243
R e t e a rn in g s ............$ 2 5 3 ,1 7 0
$ 2 1 4 ,9 ,0
$ 2 ,2 5 0 0 5 0
$ 1 ,9 3 6 ,6 3 2
Denvor & R io Grande Western.—The gross and net earn
ings for November, and for the five months, July 1 to Nov.
oO, were as follows :
* -^tjcliison Topeka & Santa Fe.—The directors at their meet
ing delared their regular quarterly dividend of
par cent,
payable Feb. 15. It was also voted to call the last instalment
'~ r o Z £ 0 vember;7.------ ‘
r-J tily 1 to Nov. 30.—
on the Chicago Kansas & Western subscription for payment Gross earnings........... $r*t,450
$9®564
$1848K6t $31|08o ii
Jan. 20, at which time the balance of the first mortgage bonds O p eratin g e x p e n s e s . . . . __5 5 ,7 7 8
6 3 ,5 4 2
2 76 ,49 8
3 1 0 ,5 0 7
in
u “ e^vere^* Toe income bonds will not be delivered unN et e a rn in g s ............. $Y % 672
" $ 3 5 ,0 2 2
$ 2 0 8 ,3 6 3
$199^504
, 15, on account of delay in getting them printed. They
will bear date of Jan. 1, 18«7.
J
Fitchburg—Hoosac T u n n e l-T r o y & Boston —'The Gov—The gross and net earnings for November and for eleven 6r1ii!r u-‘d Cou“ oilof Massachusetts on Jan. 5 completed the sale
months were as follows:
oi tneBoosac Tunnel, with its accomp anying forty-four miles of
The Fitchburg
.-------- N ovem ber.--------- , ^-11 m os., Ja n . 1 N ov. 30 — railroad, to the Fitchburg Railroad Company.
„
.
1886.
188 5 .
Knlroad Company, the Troy & Greenfield C o m p a n y and the
188 6 .
1885.
G ross e a rn in g s ........$ 1 ,7 1 9 ,3 5 4 $ 1 ,6 0 3 ,4 1 2 $ 1 4 ,4 5 9 ,3 7 7 $ 1 4 ,3 1 8 ,0 2 1
Hoosac Tunnel are to be consolidated on Feb. 1 under the
E x p .(n o t ino. ta x es)
7 33 , s i 2
6 0 5 ,8 7 8
7 ,3 4 9 ,1 7 8
7,27.5,083
of $io nifl £ a Cbbur? Railr°ad Company, with a capital stock
Ret earnings ... $985,512
$997,533 $7,110,199 $ 7,0 1 2 ,9 3 7 of $12,048,800, in shares of $100 each, 70,488 shares being
Boston & L o w e ll.— A t the a n n u a l’ m eetin g, the sto ck h o ld - preferred. The commonwealth is to receive 50,000 shares of
ifto a,uttloriza the i33ue o f bonds to the a m ou n t o f CPmiI? O? ,st0ci l i? tbe consolidated company and the Fitchburg
$500,000 fo r the purchase o f real estate a nd th e im p rov em en t stockholders 17,622 shares of preferred, to be distributed pro
rata. All the capital stock of the Fitchburg Road is to be made
o f the property o f the com p a n y .
_ Tb® Boston & Lowell Railroad Company on January 5 sold W h «!®'nnnS?A-Si ^ e ls alsoto receive from the Fitchburg
-¿,990 shares of stock at auction in B oston at 136]^. Lee Hi -- Road $o,000,000 in fifty-year bonds at 3 per cent per annum for
the first three years 3 ^ for the next three and 4 per cent
gmson & Co. were the purchasers.
* °
Canadian Pacific.—The gross and net earnings for Novem thereafter. The preferred stock is to be entitled to dividends
o 4 per cent, any surplus of earning remaining to be divided
ber, and from Jan. 1 to Nov. 80, were as follows :
pro
rata between the State on its $5,000,000 of common stock
•— - —-N ovem b er.--------- , ,------ Ja n . 1 to N ov. SO.------ .
and the road on the $7,000,000 (approximate) of preferred
„
1886.
1885.
1886
G ross earnings...... $1,073,266
$814,066 $9,187,702 $7 637 283 8i ° „ ’ ■
‘•be common stock is to have no voting power until it
Operat’g expenses.
625,0.50
512,062
5,764,462
4 $ 53,0 99 shall have received dividends for two consecutive years
less than 4 per cent per annum, except that
Ret earnings... $448,236
$302,004 $3,423,240 $2,9847184 >m£Untilr>K to
it snail have the right to vote on an equality with the pre
Central Pacific.—The following is a comparative state erred stock upon any question of issuing more preferred or
ment of the earnings, expenses and fixed charges of this com common stock, and also upon any question of leasing any part
pany for October and from January 1 to Oct. 31. The
consolidated road or of hiring or uniting vith any other
mileage is 1,694, against 1,649 last year:
road. On or before May 1, 1887, the consolidated company
- Oci of ter. ——
.---- Jan . 1 to Oct. 3 1 .— , shall execute a mortgage of the entire road and property as
_
.
1886.
1885.
1886
i SMt
Gross earnings.......$l,5<-8.?55
$1,189,588 $ 13 ,3 0 7 ,0 0 3 $ 1 2 2 97 93 > collateral for the payment of the bon s to three trustees, to be
Operating expenses
682,967
. - N e t ea rn in g s........$ 3 2 5 ,7 8 3
* F ix e d ch a rg es........... B5> ,4 5 3
R e t p rofits.........
C on str’n & im pr'tL .
557,751
$ 9 2 2 ,8 3 7
$ 2 6 6 ,3 3 5
6 5 ,1 3 2
6 ,0 1 6 ,9 9 7 ' ' '5|2681721
$ 7 ,2 9 0 ,0 9 9
5 ,5 9 4 ,5 3 0
$ 7 ,0 2 9 ,2 1 1
$ 1 ,6 * 5 ,5 6 9
1 65 ,01 4
B a la n ce ...................«2 0 1 .2 0 3
$ l ,5 6 o ,o o 5
'.F ix e d ch a rges in clu d e re n ta ls, Interest, t a x e s a n d U .9. G ov . Sink, P d
Batiroad o f G eorg ia .—At Savannah, Jan. 8, Gen.
L. P. Alexander was elected President of the Central Railroad
« Banking Company of Georgia, to succeed Mr. W . G. Raoul
"& lcb began six months ago, created much
interest throughout the State. Out of a total vote of 75,000
uen. Alexander s approximate vote was about 43,000. The
v n fS f a Ma?‘ Hetj ie Gi f ? n\ o f . New York. 6,400 shares, was
voted for Alexander. His election is considered a victory for
JNew York capitalists.
J
rA?iiiCag0lBurU,i^t011 * Quincy.—The gross and net earnings
for November, and from Jan. 1 to Nov. 30, have been as followsG ross earnings
O per. exp en ses
' ——i“—N ovem ber.~
—,
180.6.
188 5 .
$ 2 ,2 5 6 ,3 3 9
$ 2 ,3 1 8 ,0 5 3
1 ,1 0 6 ,6 5 6
1 ,0 6 8 ,9 6 3
R e t ea rn in g s. $ 1 ,1 4 9 ,7 3 3
$ ^ 4 iM > 9 0
—¡11 m . j a n . 1 to N ov. 3 0 .—
188 6
lx « -.
$ 2 4 ,3 5 9 ,9 7 7 $24 2 ° 6 4 50
12;5 0 5 .6 2 5
l^ G O .O ie
$ 1 1 ,8 5 4 ,3 5 2
$ 1 1 ,3 6 8 ,4 3 4
Cineinnati & Eastern.—At Cincinnati, Ohio, Jan. 5, the
f e
»
Eastern Railroad was sold at judicial sale to the
Ohio & Northwestern Railroad Company for $1,000 000 The
road is narrow gauge, 100 miles in length, extending’ from
Cincinnati to Portsmouth, O.
voted
Han?iIton & Dayton.—The stockholders have
tw irL 4?!* i78e lha common stock a half million and to issue
two million 4,% per cent 50-year bonds.
Cincinnati Indianapolis St. Louis & Chicago.—Earning
S T a T w e r e ' i T o l W f 0l>er’ “ “ 101,our raonths ° f « “ >
— -— ■
- O c t o b e r , -— J u ly 1 to Oct. 3 1 .— .
w
« s lii
................. $ 9 9 ,6 L8
J*ixed ch a r g e s ....................... 5 0 ,0 0 0
* 9 4 ,6 9 7
5 0 ,0 0 0
$ 3 8 2 ,8 1 2
2 0 0 ,0 0 0
$ 3 8 9 ,6 9 7
2 0 9 ,0 0 0
S u r p lu s .. ...................... $ 4 9 ,6 1 8
$ 4 4 ,6 9 7
$ 1 8 2 ,8 1 2
$ 1 3 9 ,6 9 7
earnfnii3^
ICLE, hga™ e
a“ 1 Couno11’ oi whom tw0 8haU •*
, ~ In
was reported that the Troy & Boston Road had
wa? J ° V f K ° S D0 official announcement was made. It
4,bat the majority of the bonds and stock of the
roy & Boston Road had been transferred to the Fltohburg
» 5
;
Theue Y ere about $4,000,000 first, second and
third mortgage bonds, and these, it is understood, were asAb/ p i e^ UChbUrg £ omPany at P’ r. One million dollars’
‘^bbiire: stock was given for the Troy & Boston
^ock, and as the latter is worth 140 per share, this would
make the selling price of the Troy & Boston Road $5,400,000.
Debt.—Houston owes $1,600,000, and her
teiT/r ~<-n4atlVe? aile urKI.n<? the Legislature to m ike her a tax
ing district only ,to avoid suits against the city on its bonds.
L ittle Rock Mississippi R iver & Texas.—This iabroad
bought by Jay Gould’s agent Dec. 15, 1886, is advertised to be
resold, as the purchaser found there was a debt against it
and by the laws of the S<ate parties holding the debt had the
privilege of redeeming the same by paving a certain per cent
on ail money invested. It is rumored ihat the AtchLon TV
^ fd ^ u K a te 80
*° pUrohase,he road “nd
been ai’ foulm s: NashTiIle- - The S1« «
-O ros 8 E a rn in g s
T ,
188 6
1 »8 5 .
*iuly - - ; ....................... $ 1 ,2 5 0 ,7 7 4 $ 1 ,0 5 7 ,9 9 1
A u gu st ....................
1 ,2 0 0 ,5 6 7
1,070, .’ 4 6
S e p ie m b e r.................
1 ,2 5 8,19 1
1 ,1 4 8 ,2 1 4
O c t o b e r .................
1 ,3 8 8 ,7 5 3
1,263,4» 9
N o v e m b e r .............
1 ,2 8 1 ,9 9 7
1 ,1 2 9 ,8 9 4
T otal 5 months.
$6,384,242
$5,677,714
P«
net earning hare
— Net E a rn in g s.
1
1885.
$ 5 4 6 ,4 5 3
$ 3 6 1 ,6 0 5
5 0 5 ,3 4 0
4 0 0 ,6 1 2
52<>,574
4 6 4 ,6 5 3
5 8 1 ,4 0 4
5 4 4 ,1 9 0
5 3 0 ,85 8
4 4 5 ,6 6 8
$2,69 >,6.9 $2 ^ 1 ^ i
Louisville New Albany & Cliicago.— The following state-
^ & A ? ; X ^ helastth,oei?araia iro”
„
;
1836.
vxross e a r n i n g s . ... ...
<6i Q o i s o ;
O p eratin g e x p e n s e s . . . . : ; : : ; :
l^ s e io s ?
1885.
$ iM 8 rr’ i 5 4
1,3,47,035
1884
« 1 ,5 6 4 ,4 7 6
1 ,3 6 5 ,1 4 4
$ 649, 477
5 2 9 ,0 0 0
$ 31 8 ,4 1 9
5 3 7 ,3 0 0
$ 1 9 9 ,2 9 2
5 3 7 ,3 0 0
D e f i c i t .. ........................................................
S u rp lu s................................... "$ 120,417
$ 1 8 8 ,3 8 2
$338,008
N et e a rn in g s ........................
F ix e d c h a r g e s ............................
About sixty miles of hew road have bean added to the line
C.ol,,lubu8 Cincinnati & In d ia n a p olis.-T h e
«toVim4*18 y®ar> t'bc bonded debt thereon being limited to
“ M t o w s T ’ et0' ’
for the Check- $10,000 per mile, and no new stock being issued, no construc
tion account is on the books. Extensions involving the con-
T H E C H R O N IC LE .
60
[V oi. X U Y .
Ohio & Mississippi.—Following is a statement of the earn
struction of 120 miles additional are contemplated during the
ings of this road as specially obtained by the C h r o n i c l e .
coming year.
— N ovem ber------- » .------- J a n . 1 to N ov. 3 0 .-------,
Louisville New Orleans & Texas.—Following is a state
188 6 .
188 5 .
188 6 .
1885.
ment of the gross and net earnings of this road for November G ross e a rn in g s ............. $ 3 2 5 ,6 5 4 $ 3 0 1 ,9 6 1 $ 3 ,5 3 0 ,9 1 4
$ 3 ,3 6 6 ,7 1 1
O p eratin g e x p e n s e s ... 2 21 ,84 5
2 1 6 ,4 5 6
2 ,4 6 1 ,2 7 1
2 ,4 2 6 ,8 5 9
■and from Jan. 1 to Nov. 30:
,--------- N ovem ber-------- > >— Ja n . 1 to N ov. 3 0 .— »
1886.
1885.
188 6 .
188 5 .
-G roseea rn in gs.....................$ 2 4 1 ,5 0 2
$ 2 1 2 ,0 4 5 $ 1,5 3 1 ,4 0 7 $ 1,1 4 6 ,5 9 1
-O p era tin g e x p e n s e s ..... 131 ,34 8
1 01 ,63 5
1 ,1 1 4 ,9 4 8
9 0 2 ,2 2 4
N et e a rn in g s................. $ 1 1 0 ,1 5 4
$ 1 1 0 ,4 1 0
$ 1 1 6 ,4 5 9
$ 2 4 4 ,3 6 7
New York Chicago & St. Louis.—At Cleveland, Ohio, Jan. 3,
in tfle Common PJeas Court, Judge Jones, Judge Hamilton
-concurring, delivered the decision in the suit of the Union
Trust Company against the Nickel-Plate Railway and other
defendants, to foreclose the eecond mortgage of 1883, made to
secure $10,000,000 of bonds. The Central Trust Company,
a defendant, filed a cross petition to foreclose the first mort
gage of 1881 to secure $15,000,000 in bonds, and the trustees of
the car trust certificates claimed ownership of equipment
valued at $4,000,000. Several defendants challenged the
legality of the Nickel-Plate organization because of non-conioim ity with Ohio laws concerning consolidation.
The decision holds that the consolidation was not in accord
ance with the statute, but the incorporation never having been
challenged by the State, and the company having thereunder
acquired valuable property and incurred numerous obligations,
It is entitled to be considered a corporation de facto. The
'first mortgage for $15,000,000 is null and void, for the reasons
quoted below from the opinion of the Court. The opinion says:
“ W e fu rth er h old th a t th e ten -m illion -d ollar m ortg a g e h e ld in tru s t
t>y th e U nion T ru st C om p a n y is va lid . W e also find th a t p lain tiff is
a d ecree fo r a fo re clo s u re a n d sa le o f said ra ilroa d p ro p e rty .
W e a lso find th a t no part o f the eq u ip m en t w a s co v e re d b y the m ortga ge,
•font th e title o f it w a s in Bhethar and M oG ourkey, t r u s t e e s ; the said
-trustees h a v e a v a lid lien, a n d the d ecree m a y p ro v id e fo r the sepa ra te
•sale o f th e equipm en t.
“ W e find fu rth er th a t neith er th e L a k e S hore R a ilroa d C om p a n y n o r
.a n y o f th e ju d g m e n t cred itors h a v e a n y lien b y v irtu e o f th e ir ju d g
m e n ts n or a n y in terest therein e x c e p t as cred itors to the e x te n t o f th eir
ju d g m e n t s against said ro a d .”
entitled to
N et ea rn in g s............... $ 1 0 3 ,8 0 9
As to the invalidity of the first mortgage, following are
-extracts from the decision:
I n th e Becond p lace, w e h a v e com e to th e d elib era te oon olusion th a t
t h e tra n sfer in a lu m p o f $ 50 ,0 0 0 ,0 0 0 o f its ca p ita l s tock an d $ 15,00 J,0 0 0 o f the b on d s o f th e N ew Y o r k C h ica go & St. L o u is R a ilro a d C om
p a n y , secu red b y said m ortg a g e to said C en tra l T ru st C om p any, b y th e
•directors o f said ra ilroa d to them selves an d oth er m em bers o f s a i l syn -d ioate, w a s in effect a fra u d u len t sale o f said stock s a n d b on d s in c o n
sid e ra tion o f the sum thereto a d v a n ced o r a greed to b e a d va n oed b y th e
m em b ers o f said s y n d ica te fo r th e con stru ction o f sa id roa d , to w it, in
r o u n d nu m bers, a b ou t $ 1 8 ,0 0 0 ,0 0 0 .
W e th erefore h old an d d ecree th a t t h e alleg ed $ 1 5 ,0 0 0 ,0 0 0 m o rtg a g e
-claim ed b y the C entral T ru st C om p a n y, h a vin g been e x e c u te d and d e
li v e r e d to secure b on d s a n d stocks sold an d tra n sferred to the d irectors
.a n d oth er p erson s a ssociated w ith th em in a sch em e th a t w as fra u d u len t
.a n d illeg a l in its en tirety, an d in p lain v iola tion o f th e said statute, is
¿ab solu tely n u ll a n d v o id u n d er its p rov ision s, and th a t n o p refe re n ce o r
>41en ca n b e ha d un der said m ortg a g e b y said C entral T ru st C om p a n y , o r
¡Shy a n y h old er o f a n y b on d a ttem p ted to b e secu red th ereb y , unless the
■negotiability o f th e bonds secu red th e re b y w h en th e y are in th e hands
«O fln n ooen t h old ers , w ill sa v e th e m ortg a g e.
I t has been cla im ed th a t th e b on d s secu red b y th is m o rtg a g e a re all
♦now in th e b an d s o f in n ocen t h old ers an d p u rch a sers fo r va lu e . W e
Jhave n o t had m u ch defin ite in fo rm a tio n on this p o in t as to th e e x te n t
t o w h ic h this is true, b u t p ossib ly en ou g h to m a k e it p ro b a b le th a t a
g r e a t m a n y o f them are in th e hands o f in n ooen t h o ld e rs in g o o d fa ith
ca r v a l u e ; b u t in ou r op in ion It m ak es n o d ifferen ce in th e rea l q u estion
in v o lv e d , fo r w e a re n ot p assing on th e v a lid it y o r in v a lid ity o f th e
-negotiable b on d s in th e h a n d s o f in n ooen t h old ers , n o r is it n ece ssa ry
t o d e c id e w h eth er, if su ch is th e case, th e y ca n b e n fo r ce d as p ro p e r
Claim s a gainst the ra ilroa d oom p an y.
B u t th e qu estion w e a re p a ssin g on is w h eth er o r noo. b y v ir tu e o f the
m o r t g a g e giv en t o secu re th e b on d s, th e hold ers, even if in n ocen t hold ers,
h a v e a n y p referred lien fo r the am ou n t th e re o f o n th e ra ilroa d p ro p e rty
d e scrib ed therein. O n th is p oin t w e h old th a t w h a te v e r m a y b e th e la w
o f any o th e r State in reg ard to m ortg a g es g iv e n to secure n e g otia b le
promiBBory n otes o r b on d s, th a t in th is State it has been s e ttle d an d
•undisputed la w , sin ce th e d ecision o f th e ease o f B a iley versu s Sm ith
fo u rte e n th O h io S tate R ep orts, 396 , th a t a m ortg a g e giv en t o secure
n e g o tia b le notes o r b on d s is itself a non -n egotia ble ch ose in a ctio n , an d
o p e n to all d efen ses ex istin g b etw een th e m ortg a g er and the m ortgagee,
e v e n w h en notes a n d b on d s secu red th ereb y in th e han d s o f in n ooen t
h o ld e rs fo r va lu e are n o t them seves o p en to a n y su ch d efen ses.
New York Stock Exchange.—Application has been made
to list $320,000 first mortgage bonds
o f the Fort Worth & Denver City Railway Co.; also $228,000
linking fund 6 per cent gold bonds of the James River Valley
E . R. Co.; also Denver & Rio Grande Western Railroad stock
.to amount of $7,500,000.
The Milwaukee Lake Shore & Western Railway Co. asks to
list $169,000 additional Michigan Division bonds issued on
mew road.
... . ■ ■ ■
The Rock Island Co. asks to list $1,000,000 additional 1st
mortgage extension and collateral 5 per cent bonds issued
.against bonds of the Chicago Kansas & Nebraska Co. of Kansas,
The Cincinnati Washington & Baltimore Railroad Co. asks
to list 1,000 shares of preferred and 750 shares of common
etock issued to settle the pending suit in Ohio between the
City of Cincinnati and the Hillsboro & Cincinnati Railroad
and others.
Northern Pacific.—The gross and net earnings by months,
in 1885 and 1886, have been as follow s:
T o t a l 5 m on th s.
-Gross E arnings.1 88 6 .
1885.
$ 1 ,1 0 0 ,0 2 6
$ 1,0 0 0 ,0 1 1
1 ,2 2 6,35 3
9 7 1 ,2 8 9
1 ,3 7 2 ,6 7 3
1 ,2 2 4 ,9 5 5
1 ,4 4 3 ,6 6 7
1 ,5 2 2,28 5
1 ,2 9 9 ,9 0 6
1 ,2 4 9 ,3 5 8
$ 6 ,4 4 2 ,6 3 0
$ 5 ,9 6 7 ,8 9 8
—N et E a m in g e .
1886.
$ 5 3 4 ,5 2 6
6 5 8 ,9 5 2
7 69 ,03 1
8 7 4 ,6 6 0
7 4 9 ,2 4 7
$ 3 ,5 8 6 ,4 1 6
$ 3 ,3 3 4 ,4 3 0
Land sales for the same period in 1886, 117,261 acres
amount of sales, including town lots, $409,560,
$ 1 ,0 6 9 ,6 4 3
r •— N ovem b er.----- »
188 6 .
1885.
G ross e a rn in g s.................... $ 9 5 ,3 1 9
$ 3 7 ,3 0 9
O p eratin g e x p e n se s ......... 5 9 ,0 3 0
4 6 ,8 1 4
to the Stock Exchange
J u l y ........................
▲ ngost...................
S e p t e m b e r ...........
O c to b e r.................
N o v e m b e r.............
$ 8 5 ,5 2 5
$ 9 3 9 ,8 5 2
Oregon Railway & Navigation Co.—The directors of the
Northern Pacifio Railroad Company voted against the pro
posed lease of the Oregon Railway & Navigation Company’s
property jointly with the Union Pacific Railway Company on
a basis of 6 per cent a year on the stock. The directors unani
mously voted to continue negotiations with the Union Pacific
for harmonious traffic relations in Oregon and Washington
Territory.
Philadelphia & Reading.—Ex-President Gowen, of the
Reading, in his address to the junior bondholders and share
holders of the Reading companies, advising the acceptance of
the plan of reorganization recently issued by the reconstruc
tion trustees, states that it offers advantages over the previous
plan, among which he mentions that reorganization is secured
without foreclosure; the company is given ample time to pay
off or purchase the general mortgage bonds and save the
bonus of nearly $12,000,000 heretofore proposed to be given;
it recognizes the priority and provides a mortgage security for
the principal as well as the accrued interest of all junior
bonds; recognizes the priority of the preferred stock over the
common; preserves the status of the deferred income bonds
as entitled to the reversion of the earnings of the company,
and gives those paying assessments a good mortgage bond
intrinsically worth its cost.
Under the plan Mr. Gowen
states that earnings of $8,706,459 will pay all fixed and income
charges, which is less than the average earnings of the last
six years.
St. Joseph & Grand Island.—The gross and net earnings
for November, and from Jan. 1 to Nov. 30, were as follows :
N et e a rn in g s ................ $ 3 6 ,2 8 9
$ 4 0 ,4 9 5
,— Ja n . 1 t o N ov. 30.— .
1886.
1885.
$ 1 ,0 1 0 ,4 4 9
$ 99 4 ,7 0
5 9 1 ,8 7 8
6 7 7 ,9 6
$ 4 6 8 ,5 7 1
$ 3 1 6 ,7 4 3
Sonora.—The earnings for October and for the ten months
ending Oct. 31 are reported as follows :
,------October.
■»
188 6 .
1885.
$ 2 7 ,4 1 0
G ross e a rn in g s ............. . . . . . . $ 3 4 , 0 5 6
O per. e x p ’s (e x clu d . t a x e s ) . 2 5 ,6 1 0
2 0,7 67
N e t ea rn in g s............................ $ 8 ,4 4 5
$ 6 ,6 4 2
.— Ja n . 1 to Oct. 3 1 .— »
1 88 6 .
188 5 .
$ 2 3 8 ,2 9 6
$ 2 4 9 ,7 1 2
2 2 5 ,2 2 8
2 0 3 ,7 6 3
$ 1 3 ,0 6 7
$ 1 5 ,9 4 9
Union Pacific.—The gross and net earnings for November,
and from Jan. 1 to Nov. 80, have been as follows:
,— — N ovem ber.
—»
188 6 .
188 5 .
E a r n in g s.......................... $ 2 ,3 5 1 ,4 3 0
E x p e n s e s ........................ 1 ,5 1 6,48 5
N et e a rn in g s ..........
$ 8 3 4 ,9 4 5
<— Ja n . 1 to Nov. 30.— »
1886.
188 5 .
$ 2, 382,205 $ 2 4 ,2 6 0 ,2 5 4 $ 2 3 ,3 7 1 ,5 5 6
1 ,3 7 6 ,6 9 5 1 6 ,0 9 8 ,5 0 2 1 4 ,6 0 5 ,7 1 7
$ 1 ,0 0 5 ,5 1 0
$ 8 ,1 6 1 ,7 5 2 $ 8 ,7 6 5 ,8 3 9
TVabash St. Louis & P acific.—Receiver Cooley is reported
to have made amicable arrangements regarding a division of
the rolling-stock and also in regard to interchange of traffic.
It has been agreed that through rates shall be made between
the eastern and western terminals of the old system. The
lines east of the Mississippi River in charge of Judge Cooley
will be known as the Wabash Railway Company, while those
west will retain the old title of Wabash St. Louis & Pacific.
Judge Cooley will make his headquarters at Chicago.
—The Maverick National Bank of Boston is one of the most
widely known banks in the United States, having very large
and extended business connections in all parts of the country.
Its deposits have increased from $300,000 in 1872 to $10,000,000
in 1886. It controls the sale of U. S. Government bonds in
Boston, a profitable monopoly, and it originated the system of
telegraphio transfers of money to all points, a feature not pos
sessed by other banks in Boston. Its success is mainly due to
the enterprise and sagacity of its President, Mr. Asa P. Potter,
who is recognized as one of the most active financial men of
the day.
—One o f the new Stock Exchange firms starting under the
most favorable auspices is that of Closson & Dumont. Mr.
Jas. T. Closson, the senior member, was well known as the
head of the firm of Closson & Hays, Mr. John B. Dumont, a
member for some years of the N. Y. Stock Exchange, has
recently been in the New York office of the Chicago Milwau
kee & St. Paul Railroad Company as 2d Vice President, and is
thoroughly familiar with railroad finances, and Mr. Heman
Clark, the special partner, is well known as a capitalist and
railroad builder.
—The Stock Exchange firm of Taintor & Holt, call special
attention in our advertising columns to the Water Supply
bonds, secured by mortgage on the Kansas City water works.
This is a most extensive system of supplying a city with
water under a corporate management, and it has been so suc
cessful that the total net earnings from 1876 to 1886, a period
of only ten years , rose gradually from $33,000 in 1876 to
$220,000 inrl886. By 1896 it is estimated the net earnings
will have increased to nearly $1,000,000 per year.
—The Canadian Pacific Railway Company will pay the
usual semi-annual dividend on the 17th of February, notice of
which will be found in our advertising columns.
,
J anuary 8, 1867.]
THE CHRONICLE
61
C o m m e r c ia l f i r n e s .
COTTON.
_
F riday . P. M., Jan. 7, 1887.
COM M ERCIAL EPITOM E.
T ra Movement op the Crop , as indicated by our telegrama
from the South to-mght, is given below. For the week endbrur
Friday Night. Jan. 7, 1887.
aMm?t ¿ « nfi18 h ií6 50tal receiptp have reached 159,04Í
There have been heavy snow storms extending nearly to the
la8tweeks
we? k 3®
3’045 bale8
the the
previous
.
f coast, and accompanied by severely cold weather, delay weoKand <5oU,ooa*bales three
since;
making
total
ing railroad transportation, and contributing to aocidentb 8^ 9*644 lhfiefchr l8í v f September« 1886,8,914,843 bales,against
8,759,644 bales for the same period of 1885-86, showingan in-*
a „ a
a painful loss o f life ; but the temperature is crease
since September 1, 1886, of 155,198 bales.
mg &n m
mUder at the close. Strikes have caused the partial suspen.
R eceip ts a t—
Sat.
M on .
Tues.
Wed. I Thurs.
fltonof the work of moving coal, and not only are many
F ri.
Total.
3,1 3 7
thousand men thrown out of employment, but serious conse- G a lv e s to n ..
4,164
1,814
4,0 1 4
3 ,606
1,373 18,1 08
Ind ia n ola, A c
«piences are threatened to the local coal trade. A strike of
N ew O r le a n s .. 1 2 ,0 8 4 19,000
nfet L r ° rker8 “ Philadelphia has been adjusted by an increase M o b i l e . . . . . . . . . . 1 ,4 0 0 2,3 6 6 11,746 7,4 2 3 10,568 13,2 33 7 4 ,0 0 4
L i s t e r * again bring8 *»— «
m u188 7 .
Ja n . 1.
1886.
D ec. 1.
2 5 ,9 71
5 42
3 9 ,0 4 6
3 0,4 05
49,4 88
3 63 ,02 2
5 4 ,2 7 9
118 ,30 4
19,0 94
5 ,420
6 5 0 708
129
2 ,7 7 3
10,000
1 68 ,70 0
226,481
2 8 ,9 70
3 ,3 6 8
1,708
1 0 ,5 5 0
1,200
20,000
12,200
1 2 ,8 0 0
5 7 ,0 0 0
1 1,9 10
1 7 ,5 05
2 9 ,0 0 0
15.801
2,1 8 9
The speculation in lard opened the week with spirit a n d
values were buoyant, but a sharp decline on Tuesday w a s folpa7ee
ntbyToPdHSfhr
and anbut
unsettled
/e was apparent.
To-day the<f C0Vew
market0nly’
was active,
closed to
e a s ie r nnH «
s i n ^ M o n d l y 6, b u S a y
tZ o J g iS e f a t ^ S o ®
DAILY CLOSING PHICBS OP LAUD PUTCHES.
" “6-90
S ' "T6 -74
S-
j« .
F ebruary
M arch
April
May
June
67-04
7T2
7*21
94
6-79
6-88
6 -97
7*05
6 -80
6*85
694
7*01
7*09
6-85
6-89
67- 05
7*13
6-83
6 -87
6 97
7- «2
7-09
7*16
Pork has been
« . dull and closes easier at $12 250*12 50 for
■__
new mess. Cut meats have ruled firm but rather quiet at
Battens
g - 1-ednth^
.P33c.
lc k le
dW
ie *
cucier
is .easier
at 20@ r30c.d for cremery and
for
Elgin
State3L ctory
T ¡llo w ° í df mand at H ^@ 13c. for full cream
The speculation in Rio coffee was very fitful and uncertain
but generally to ward better figures, although to-day an earlv
advance was followed by a decline, closing with sellers of t-h«
active months at 13*30013'40c Coffee on th«
° l tae
quite active and d e a g r f S
oa °£ S o f ^
15^c. to-day, with sales of 11,000 bags on this basis ^
a
x
s
w
s
s
*
— •
657
131
2 ,7 2 0
312
41
8 03
....
2 ,2 9 1
400
149
8 89
....
141
1.835
••••
1 ,9 7 2
....
144
213
....
1 ,4 4 0
....
1,109
....
3 00
1,231
.........
2 ,0 5 9
___ _
2 ,5 9 6
2,0 1 1
5 25
1 ,4 7 0
••••
251
943
1,0 4 5
153
1,146
....
274
2 ,8 0 3
1,3 4 9
506
2 ,7 4 0
••••
21
7 16
......
2 80
833
7 ,4 2 8
1 ,8 0 4
1 ,8 0 4
5 7 0 1 0 ,5 8 8
7 13
713
2 19
6 ,3 3 0
2 48
248
198
1 ,7 1 0
97
97
1,8 4 7 1 3 ,2 0 0
8 ,9 4 2 1 4 ,0 5 9
2 46
1 ,6 2 0
601
7 ,6 4 9
650
600
991
786
***'
T otals th is w e e k 2 5 ,0 3 4 32,6491 2 5 ,7 49
18,060 2 5 ,8 7 9 31,6731
3
16,238
65
2 5,3 33
4 0 ,5 8 9
4 4 ,9 5 0
2 17 ,76 1
2 7.4 31
6 7 .8 0 0
1 4,3 63
4,111
1 ,9 4 9 ,3 5 6
N on e
6 52
3 ,0 0 0
3 3 8 ,1 0 0
1 8 2 ,6 7 7
19,4 86
1,8 6 9
461
5 ,3 0 0
2 ,8 6 0
N one.
W est P o in t, A o
N ew Y o r k ..........
B o sto n ........... .
B a ltim o r e ..........
P h lla d elp ’a, A o.
1 ,385
....
1,1 6 0
....
1,4 3 2
1........
3 ,5 2 4
••••
832
and the same items for the corresponding ueriod» 0 / 1n.ar
R eceip ts to
J a n . 7.
1 686-87.
T h is S in ce Sep.
W eek. 1 ,1 3 8 6
l i
P o r k . ...
..................bbls,
1 9 ,8 2 4
................................ toe. an d bble.
63
L a r d ..
.toe
3 3 ,7 1 0
T o b a cco , d o m e s t ic ........... .........bbds"
3 8,7 09
T o b a cco , fo r e ig n ......................‘ .‘bales!
49,331
C offee, R io ......................
hairs
2 25,871
C offee, o t h e r ............. ................ b a l e
3 1 ,7 6 0
Coffee, J a v a , A o ...........
m at«
9 6 ,9 0 0
.................................
9 ,2 9 3
*JaSa r .................b o x e s and baskets.
3 ,9 3 5
B“J E " ..................................... bags. A c. 1 ,9 6 1,30 8
N one.
M olasses, f o r e i g n . . . . . . . . ,.!! !h h d s !
150
M olasses, d o m e stic. . . .
b b ls '
7 ,0 0 0
H id e s.........................
Hn1
3 5 3 ,6 0 0
C o tto n ........................... .'‘.'.‘.‘.‘.'.'.■.‘b ales
2 1 6 ,5 3 4
R o sin .......................................
0bis
18,2 94
Spirits t u r p e n t in e ...............; **!bbls!
3,1 4 1
7 93
R ioe, E . I
.
b
a
g
s
4 ,9 0 0
R ice , d o m e s tic........... ............. Dkes
4 ,5 2 0
N one.
1 1,1 50
* * ' b ales
J u te b u t t s ................
2 9 ,3 0 0
Manila h e m p ............. ..................b ales
1 8 ,2 46
81sal h e m p ................. .....V .'..'.b a le s !
5 ,7 5 3
1886.
J a n . 1.
F lo rid a .............. .
S a v a n n a h ......... .
B ru n sw ’k , A c
C h a rle sto n ........
P t R o y a l, A o .
W ilm in g to n . . . .
M oreh d C. A o.
N o rfo lk ...............
v«ar*
.
188 5 -8 6.
T h is
W eek.
S in ce Sep
1 , 1885.
188 7 .
1886.
G a lv e s t o n .. ,
18,108
6 9 8 ,3 8 9 1 2,7 29
5 5 4 ,3 5 5
1 16 ,23 5
8 3 ,3 6 3
In d ’n o la ,A o
7 81
N ew O rleans. 7 4,0 54 1 ,1 9 3,42 3 56,0 71
1 ,2 0 1 ,4 5 0
4 2 7 ,9 7 8
3 9 6 ,3 6 8
M o b ile ....
7,4 2 8
1 65 ,52 5
9,4 3 1
1 69,411
3 7 ,7 6 8
0 6 ,9 5 2
F lo r id a . . . .
1,804,
1 8,1 64
1 ,8 4 7
3 6 ,8 4 6
2
Savannah.
10,588
6 6 6 ,3 5 9 12,5 08
6 0 5 ,2 8 8
1 1 0 ,0 8 4
9 0 ,4 3 3
B r’s w ’k , A o
713
2 3 ,3 9 4
3 75
1 2,4 53
C harleston . .
6 ,3 3 0 3 3 0 ,5 1 9
4 ,6 0 1
3 8 4 ,8 0 8
4 0 ,0 0 9
9 8 ,9 5 0
P t.R o y a l,A o
2 48
13,701
2 42
9 ,0 2 0
273
133
W ilm ington .
1 ,7 1 0 1 1 7 ,2 7 4
1 ,237
7 8 ,3 8 0
10,851
1 0 ,4 1 4
M’ head C .,A o
97
3 ,3 8 5
2 87
4 ,4 7 6
N orfolk,
1 3 ,2 0 0 4 1 2 ,7 1 9 1 1,7 59
3 8 0 ,3 7 2
4 4 ,0 0 3
0 1 ,0 6 0
W .P oln t, A o. 1 1,0 59
2 4 1 ,7 3 0
7 ,9 1 5
1 9 2 ,9 2 4
16,816
1 0,3 18
N ew Y o r k . . .
1,6 2 0
4 8 ,8 5 9
3 ,5 5 1
3 6 ,0 7 6
2 0 9 ,9 6 8
2 4 8 ,6 2 3
B o sto n . . . . . .
7 ,6 4 9
4 1 ,0 4 3
9 ,8 0 8
4 8 ,3 2 4
1 0 ,7 00
6 ,3 1 0
B a lt im o r e . . .
650
2 0 ,4 4 6
4 ,1 5 9
2 5 ,5 93
1 7 ,3 1 9
3 3 ,3 4 9
P h ila d el’a ,A o
7 86
19,9 12
4 ,3 0 9
19,0 87
1 1 ,0 23
1 8 ,1 8 6
T o ta l............. 1 5 9 ,0 4 4 3 ,9 1 4 ,8 4 2 1 4 0 ,8 2 9
3 ,7 5 9 ,6 4 4 1 ,0 5 8 ,0 2 7 1 ,1 0 4 ,4 6 6
that comparison may he made with other years w e
95
give
below the totals at leading ports for six seasons.
Receipts at— 1 88 7 .
188 6 .
1885.
1884.
G a lvest’n.Ao.
N ew O rleans.
M o b ile ... .
S avannah
C harl’st’n, A o
W ilm ’g t ’n , A c
N o rfo lk ..........
W. P o in t, A o.
AH o th e rs . . .
18,1 08
7 4 ,0 54
7,4 2 8
10,5 88
6 ,5 7 8
1,8 0 7
1 3,2 00
1 4,202
1 3 ,0 79
1 2,7 29
5 6,0 71
9,4 3 1
1 2 ,5 08
4 ,8 4 3
1 .5 2 4
1 1,7 59
7 ,9 1 5
2 4 ,0 4 9
11,9 63
50,4 18
9 ,2 1 4
1 5 ,7 7 0
5 ,5 1 5
2 ,5 8 5
13,9 82
6 ,2 3 9
1 8,3 08
1 1 ,3 14
3 8,0 98
2 ,9 5 5
7 ,5 1 4
5 ,1 7 3
1,183
8 ,9 7 6
1 ,6 0 4
13,4 28
1883.
1882.
2 7 ,1 9 0
6 8,3 61
9 ,4 1 5
12,7 97
10,608
3 ,2 5 6
17,348
2,8 6 1
2 3,5 43
8 ,6 5 4
2 9 ,5 8 3
3 ,9 8 3
1 2 ,1 7 3
8 ,8 1 8
4 ,8 5 8
1 1 ,2 5 9
9 ,9 4 4
2 5 ,6 9 6
T o t. th is w ’ k.
1 5 9 ,0 4 4 140 ,82 9 1 3 3 ,9 9 4
9 0 ,2 4 5 175 ,38 2 1 1 4 ,8 6 8
S ince S ept, 1 . 3 9 1 4 ,8 4 2 3 7 5 9 ,6 4 4
3 8 2 5 ,510|3647,20713861.841 3 5 0 0 ,4 1 6
i f
t £ F
n orn in a li/u n ch ^ ed . ^ S e e d V r ^ the* c o í t r a ^ s h o w !
more activity, and sales are 1454 cases, as follow s: 151 c S
F I cr? p> Pennsylvania, ll% @ 14c.; 342 cases 1882-83 c r ^ f
fSffiSyt»
e t e i r 3^5 850 c"
5—
etr/aTed’
9 @ l l c . ; 336 cases
and
I 'M « 08866 1884 crop, State Havana seed, % @ l l o '
ana 150 cases sundries, ftr»SLVt . „ I ™ ann
60c
V * f o0 o,
5Ca8and
e% ^
o drif
8’ /Sumatra,
@85o-; $aIso
bales Havana
c.@|i
250
bales
1 10o650
$ l 50.
l v ^ - 8p 8 l u l a t i o n i n c r u d e p e t r o l e u m h a s b e e n o i i l y m o d e r a t e l í n
e,d b u ^ p n c e 8 h a d a a u p w a r d t e n d e n o y u n t ü t ¿ d a v
£ r » U Hd.eK
r f r r 8 8 llin g t h 9 r e
a d e c l i n e d t h e S t a r d e a l’
f f i S l f a t ' t e Wh ^ Wa8,at
8pirit3 turpentirmis
Straiío^ 17 if 1 l ’’ but only a limited busme« is reported
othftrt3 tl? , ha8 been doing better, and closes at 22 *20 o but
Wier metals remain dull. Wools meet with a fair demand
aud the demand for hops improves.
uemand,
s*
£ . * !55pf.
& * »t<T
* «HamM i
bar°,'ä“j
« ° Liverpool ' and
Ä
i Ä
Ä
r‘ a‘ * « 4 * ?<» 0-fined to Ham'8 and * . l « J Í Í 8 f i 7 e T ¿ ^ x % e h " p S r *
dl
Week Ending Jan. 7.
Prom Sept. 1 ,1888, to Jan. 7 ,1887.
Exported, to—
Great
Conti Total Great
C ontiB rit’n. France nent. W eek. B ritain. France
rou a .
tient.
G alveston...... 17,639
2,210 19,849 200,707 24,690
50,779 276,236
New Orleans.. 20,710 41,939 15,705 78,354 339,515
219,420 170,587 729,023
M obile........
4,360
4,300
14,914
14,914
Florida.............
Savannah........
8,831
11,100 19,931 193,404 10,575 187,819
341.798
Charleston.... ........
13,260 13,200
80,271 36,194
94,414 210,879
W ilm ington...
5,202 1,600
6,802
75,009 4,450
0,418
85,937
Norfolk........... 15,053
15,053 209,590
209,596
West Point, Ac 6,828
4,200 11,020
50,111 2,150
8,406
00,067
New Y ork...... 13,382 1,891 3,659 18,932 254,209
27,739 119,474 401,413
Boston.. . . . . . .
5,388
100 5,488
03,078
1,195
04,873
B altim ore......
lj.664
1,664
57,459 3,030
12,102
72,591
Philadelp’a, Ac 1,172
1,172
23,276 ........
1,224
24,500
Total............. 100,227 45,430 50,234 195,891
,562,269 328.238 602,418 2,492,925
Total 1885-801 91,849 18,753] 55,606 166,208 1,195,661
1
231,163' 761.80612.188.1
E xport*
from —
T H E C H R O N IC L E
62
[V O L .
XUV
In addition to above exports, our telegrams to-night also give
us the following amounts o f 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, xale
& Lambert. 24 Beaver 8treet.
On S h ip b oa rd , n o t clea red —f o r
Jan. 7,
at—
Stock.
Other
G reat
F ra n ce. F o re io n
B r ita in .
C oastwise.
40,5 11
N one.
1,2 0
5,100
2 ,8 t 4
N one.
N one.
N on e.
15.813
N one.
8 ,0 0 0
23,1 00
9 ,1 7 6
1 ,0 7 8
7 ,1 0 0
1,000
156
3 .0 0 0
600
1 ,2 0 0
9,2 7 1
1 .0 0 0
N one.
N on e.
9 2 ,8 5 3
8 ,3 u 0
1 1 ,3 0 0
3 8 ,1 0 0
3 3 ,4 8 9
2 4 ,4 5 1
13,6 00
1 0 ,0 0 0
3 3 5 .1 2 5
2 9.4 68
2 8 ,7 0 9
7 1 ,9 8 4
8 2 ,7 4 6
1 9,552
1 96 ,36 8
6 1,9 82
T o t a l 1 8 8 7 ........ 1 0 2 ,42 1
49,1 75
6 5 ,2 67
15,2 27
2 3 2 ,0 9 3
8 2 5 ,9 3 4
T o t a l 1 8 8 6 ____ 111,0-19
T o t a l 1 8 8 5 ........ 131,131
3 2,8 92
3 4 ,5 2 7
5 3 ,0 9 2
3 9 ,8 71
2 1 ,7 7 7
19,6 35
2 1 8 ,8 5 0 !
2 4 5 ,1 6 4 [
8 8 5 ,6 1 6
7 3 4 ,3 7 3
3 6 .3 7 3
5 ,3 0 0
1 .5 0 0
8 ,7 0 0
12,678
2 2.3 73
6.5 0 0
9,u00
N ew O r le a n s ....
M o b i l e .................
C u a rlesion . . . . .
S a v a n n a h ... . . .
G a l v e s t o n ... . . .
N o rfo lk . . . . - ....
N e w Y o r k ...........
O th er p o r t s ........
Total.
The speculation iD cotton for future delivery at this market
bqs been only moderately active for the week under review,
and the feeling somewhat unsettled, the fluctuations in prices
showing, to an extent that is unusual, the effect of manipula
tion, without regard to, and sometimes in the face of, the more
obvious influences. Thus there was something of a bull
movement at the close of Monday. Late on Tuesday after the
receipt of a buoyant report from Liverpool, there was a sell
ing movement which carried figures down to about the closing
figures of the previous Friday. A decidedly lower Liverpool
on Wednesday caused only a slight decline with us and it was
soon recovered. Yesterday an early advance on a much better
from Liverpool was followed by a sharp decline under
* war-like rumors from London, To-day the mai ket opened
stronger, but declined under the weak report from Liverpool
Cotton on the spot has been quiet, but quotations were
advanced 1-1* c. on Tuesday. Yesterday there was rather
more doing for home consumption. To-day the market was
steady at 9 9-16c. for middling uplands.
The total sales for forward delivery for the week are 283,400
bales. For immediate delivery the total sales foot up this week
3,817 bales, including 200 for export, 2,651 for consumption,
466 for speculation and — in transit. Of the above, 250 bales
were to arrive. The following are the official quotations for
e a c h day o f the past week.
sa t*
O rd ln ’y .y i b
S trict O rd ..
G o o d Q r d ..
Btr. G ’d O rd
L o w M id d ’g
BbrJL'w Mid
M id d lin g ...
G o o d M id ..
B tr.G ’d M id
M ld d ’i
fa ir ..
5
;
>>
1
ä
0
w
•
;
W ed
iflo u . T u e s
6%
714
93s
9 » ,«
913,6
101,6
101,6
lU ia
T h.
F r l.
613,6
714
S trict O rd .
83,6
G ood O rd .
80s
9*16
930
938
90,6
M id d lin g.
9 « ,e
il8,0 913,0
10116 l o h e
l 1071(J 1- ?1B
l i l t ? 111,6
fa ir
S a t.
613,e
78,6
8*8
8»16
9
96,6
94
93j,
10
10»8
11
618,6
714
88,e
5«*8
TEXAS.
N EW ORLE AN S.
U PLA N D S.
J a n . 1 to
J a n . 7.
8 3 ,6
800
9116
618,6
\ *4
8 3 ,6
8 »8
91,6
9»a
9 9lfl
913,6
101,6
107,6
11 U p
W ed
61Bx6
7%
86,6
8%
9816
9kl
9U W
916 j6
103le
lo tie
1 1 » ,e
7
7h«
8»s
818,6
9*4
9»16
9%
10
10Q
1 |!®8
III4
T h.
F r l.
7
7
77,6
77,6
830
838
813,6 813,6
914
»q
914
9 » ,«
9 » ,6 99,6
9h
9\
9-\
10
10
10
10^4
10H
10H
10 »8 1088 108g
1114 11*4
I lk
7
77,6
83s
813,6
S a t.
S T A IN E D .
lH o u T u e *
G o o d O r d in a r y ................. ...t g llb .
H oli
S trict G ood O rd in a ry.............
L o w M id d lin g ............ .................. d a y .
M i d d l i n g . . . . . . . . . . . . .......................
S a t.
K lo n T u e »
W ed
7
77,6
83s
8*3 j6
914
9»16
9^
10
1014
1088
x ih
M o n T u e»: W ed
6 »,a
7H
8 ll«
816,6
680
7 p ,6
8^
..
9
MARKET AND SALES.
The total sales and future deliveries eaoh day during th
week are indicated m the following statement. For tne con;
▼enience of the reader we also add a column which shows at a
SALKS OP SPOT AND TKANBIT.
SP O T MAKX.KT
O LO SRD .
B a t.
Mon
lu e s
W ed
T lu m
F r l.
F i r m . . . . . . ..........
F irm 4 I,# a d v .
Q u ie t ...................
F ir m ..... . . . . . . .
E a s y .....................
T otal
E x- 1Oon- Spee- T ra n
Total.
p o r t. ru m p u l't’n sit.
200
....1
....
___
....
H oli
3 36
724
136
967
488
2 0 0 2 ,6 5 1
536
850
136’
9 67
8 28
126
34Ô
466
....
FD T C tB •
D eliv
eries
Sales.
3 3 ,5 0 0 1 ,0 0 0
6 3,800. 1 ,1 0 0
7 1 ,7 0 0 1 ,8 0 0
6 0,400,
___
300
5 4 ,0 0 0
3 ,3 1 7 2 9 3 ,4 0 0
T h e daily d eliv eries g iv e n a b o v e a re a ctu a lly d e liv e re d
to tliHi 00 w h ich th e y a re r e p o rte d .
T h e S a l e s a n d P r ic e s o f F u t u r e s a re s h o w n
f o llo w in g co m p r e h e n s iv e ta b le :
4 ,2 0 0
th e d a y
p r e v io u s
by
th e
* In clu d e s sales in S eptem b er, 188 6 , to r S eptem b er, 4 2 ,9 0 0 ; Septem
b er-S om b er, fo r O ctob er, 2 87 ,2 0 0 .; S eptom ber-N ovem ber, fo r N ovem ber,
4 4 1 ,7 0 0 ; S eptem b er-D ecem b er, fo r D e ce m b e r, 7 6 5 ,1 0 0 .
h
¿jar w e Udkve uioicuuMi in cue ADuvtj (/»Die, Ana oUrtii o o n tllin e eac
w eek t o g iv e , th e a v e ra g e p r io e o f fu tu r e s e a ch d a y fo r eiw h naonth. it
w ill lie foundf u n d er e a c h d a y f o llo w in g th e a b b re v ia J o n
a vera g e f o r ea ch m o n th fo r th e w e e k Is a ls o g iv e n at b o tm m o f t a b le .
P ransierable O rd ers—S a t u r d a y ,------- ; M onday 9 50o., Tuesday,
9 , 55c.; W ed nesd ay, 9-550.; T h u rsd a y , 9-55o.; F r id a y , 9-oO c
T h e f o l l o w i n g e x c h a n g e s h a v e b e e n m a d e d u r i n g the week •
•12 p d . t o ex e h . 1 .1 0 0 F e b . fo r M a r .
•10 p d . t o exeh . 1 00 Jan. fo r F eb.
•19 p d . t o e x e h . 1 0 0 Jan . f o r Mar.
•20 p d . to exeh . 2 0 0 J a n . fo r M ar.
•10 p d . t o ex e h . lO o M a y l o r June*
•11 p d . to exeh . 6 0 0 M ar. fo r A p r.
T i r V i s i b l e S u p p l y o f o o t t o s to-night, a s made up b y cable
and telegraph, is as follows. The Contmental 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. 7), we add the item of exports from
the United States, including in it the exports of Friday only,
J anuary 8, 1887.
THE CHRONICLE1887
7 2 8 ,0 0 0
1 2,000
1886.
5 9 3 ,0 0 0
1 9 ,0 0 0
T o ta l G r e a t B rita in s to c k . /4 0 .0 0 0
S to c k a t H a m b u r g ..................... .
iq X n
S to c k a t B r e m e n .. . . . . . . . . . . . . .
16*400
S t o c k a t A m sterd a m . . . . . . . . . .
2 l ’o o o
S to c k a t R o tte rd a m . . . . . . . . . . .
*300
S t o c k a t A n t w e r p ......................
i ono
1 7 8 ,0 0 0
S to c k a t H a v r e ..........................
S took a t M a rs e ille s . . . . . . . . . . . .
2 ,0 0 0
S to c k a t B a r c e l o n a . . . . . . . . ___
4 2 .0 0 0
S to c k a t G e n o a ....................................5 .0 0 0
S took a t T r i e s t e . ... . . . . . . . . . . .
9,000
6 1 4 .0 0 0
3 ,6 0 0
3 4 ,1 0 0
3 3 .0 0 0
600
3 ,3 0 0
1 4 1 .0 0 0
4 .0 0 0
4 8 .0 0 0
9 .0 0 0
3 .0 0 0
3 7 .0 0 0
5 4 .0 0 0
600
1 ,3 0 0
2 1 6 .0 0 0
4 .0 0 0
3 5 .0 0 0
T o ta l C on tin en tal s t o c k s ..........
282,600
363,900
S to c k a t L i v e r p o o l ..........b a le s .
ö „ o o k a t L o n d o n ........... .
2 7 6 ,8 0 0
1885.
6 9 3 ,0 0 0
4 3 ,0 0 0
7 4 3 .0 0 0
6,000
6.000
4 ,0 0 0
1 88 4 .
696.0C 0
5 4 ,0 0 0
7 5 0 .0 0 0
2 ,3 0 0
6 0 ,2 0 0
4 8 .0 00
1,200
3,500
141 .00 0
5 .0 0 0
4 4 .0 0 0
10.000
8.000
323,700
T o t a l E u ro p e a n s to c k s .. ..1 ,0 1 6 .8 0 0
8 9 6 ,6 0 0 1 ,1 0 6 ,9 0 0 1 ,0 7 3 ,7 0 0
in a la c o t t o n a floa t fo r E u ro p e .
6 1 ,0 0 0
5 9 ,0 0 0
6 3 ,0 0 0
1 09 ,00 0
A m e r n o o t t ’n afloa t fo r E u r p e 6 4 9 ,0 0 0
5 1 0 ,0 0 0
6 1 9 ,0 0 0
5 74 .00 0
"JO rPt, B razil, A c. ,a flt i o r E ’^ p e
5 3 ,0 0 0
4
48
8 ,0
,0 0
00
0
4 4 ,0 0 0
52,0 00
2 *® °* i n H n lted Sta tes p o rts .. 1 ,0 5 8 ,0 2 7 1 ,1 0 4 ,4 6 6
9 7 9 .5 3 7 1 ,1 9 0 ,6 6 5
s t o c k In U . 8 . In terior t o w n s .. 3 7 1 ,9 0 0
4 8 2 ,7 3 9
3 0 1 .5 3 8
3 5 6 ,5 4 5
u n it e d S ta tes e x p o r ts t o - d a y ..
2 4 ,8 3 9
14,351
1 2 ,5 0 0
4 2 ,0 0 0
T ota l v is ib le s u p p ly ............. 3 ,2 3 7 ,5 6 6 3 ,1 1 5 ,1 5 6 3 ,1 2 6 ,4 7 5 3 3 9 7 ^ 9 1 0
O f t b e a b o v e .th e t o ta ls o f A m e r ic a n a n d o t h e r d e sc rip tio n s a r e as follow a:
A m er ica n —
............b a le s
5 3 1 ,0 0 0 452,000
498,000 457,000
C on tin en ta l s t o c k s . . . . . . . . . . . .
1 7 4 .0 0 0 2 2 5 ,0 0 0
215 OOO 235 o o o
f °,r E u r o p e - 0 4 9 ,0 0 0 5 1 0 ,0 0 0
619*.000 5 7 4 ,0 0 0
u n it e d Sta tes s t o c k . . . . . . . . . . . . 1 , 0 5 8 , 0 2 7 1 .1 0 4 4 6 6
9 7 9 5^7 l Kin
T Tnir^ S ta tes in te r io r s t o c k s ..
3 7 1 ,9 0 0 482^739
3 0 1 ,5 3 8 1 3 5 6 ,5 1 5
U n ited S ta tes e x p o r ts t o - d a y ..
2 4 ,8 3 9
1 1,3 51
12,500 42!o o o
L iv e r p o o l s t o c k ...........................
L on d on s to c k .................................
C on tin en tal s to c k s .............
In d ia a floa t f o r E u r o p e .. . . . . . .
E g y p t , B ra zil, A o ., a flo a t..........
^ 88'556
1 9 4 ,0 0 0
1 1 3 ,0 0 0
1 9 .0 0 0
57,6 00
5 9 .0 0 0
4 8 .0 0 0
12,000
102^800
6 1 ,0 0 0
5 3 ,0 0 0
200,000
4 5 .0 0 0
1 4 8 ,9 0 0
6 3 .0 0 0
4 4 .0 0 0
2 39 .00 0
5 4 .0 00
8 8 ,7 0 0
1 09 .00 0
52.0 00
63
t a y ä t h e  ^ e t ” 10th“ pri“ Cipal0ot*o,1 “ “ ketofOT“ <*
Week en d in g
Ja n . 7.
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—
S atur.
M on .
G a lv e s t o n .. .
H ew O rleans
M o b ile ...........
Savannah
C h a rle sto n . .
W ilm ington .,
N o r f o l k .. ... .
B oston ........ .
B altim ore.. . .
Philadelphia.
W ednes.
T h u r». I
IH.
8 } 51S
81*18
9*,»
9i8
9 ii
9*18
9lfl
9*8
9*8
8 ;*16
9
9
Augusta......
M e m p h is . . . .
8t. L o u i s ... ..
C in cin n a ti. . .
L o u is v ille ....
R e c e ip t s
Tues.
9>e
9
from
the
P l a n t a t io n s .— T h e
fo llo w in g
tetiSS68 Thfi fiCtUal ^ ovemenP each week from t h l p fc£ !
tetions. The figures do not include overland receinto
Southern consumption; they are sim p ly a
wUoh7flnSTemeni iroS “ ■oplimtationsof t h a t p S o i the crop
which anally reaches the market through the outputs
P
Week
Ending—
Receipt» at the Porte. St’k at Interior Towns. IRec’vts from Planfnst
1881-85 1885-86118 8 6 -8 7
11884-85 1885-80j 1886-57 1884-85j1886-56 1886-81?
276,300 242,7971275,716 1816,019 382,627 890.83 c;j826,186'285,019 300,479
289,457 218.134 227, S8 6 335,451 434,343 402,085 808,889 299,8501289,139
238,840 233,011 £60,659'363,866,__ auo
I«8)
4 1 0 ,0 5 3 äSS-75* 284,907 269,527
207,893,240,166 283,045 363,520 521,319j4 3 3 ,0 3 4
""
207,547(280,246 305,026
134,075 189,852 286,618 349,488 543,557 443!ö65 140,043'212,090!246,64a
13S.994 140,829|159,044 320,785l526.561i423.25a 105,2911123,833,138,781
T o ta l E a s t I n d ia , A c ........... 4 2 5 ,8 0 0
3 2 6 ,6 0 0
500^900
5 4 2 ,7 0 0
T o ta l A m e r ic a n .. . . . . . . . . . . 2, 811,7 6 6 2 ,7 8 3 ,5 5 6 2 ,6 2 5 ,5 7 5 2 ,8 5 5 ,2 1 0
T^p p ly - r — -3 .2 3 7 5 6 6 3 ,1 1 5 ,1 5 6 3 .1 2 6 ,4 7 5 3 ,3 9 7 ,9 1 0
i*rioa M id. U p l., L iv e r p o o l___
5516d.
5d.
5 i 6, ft<L
5 i 5lflii
Pr ice M id. U p l., N ew Y o r k ----9 f 16o.
9*100.
ll^ o .
1 0^ r!
o rru I u. ’“r i “ ™
in 1004-00 were 4.129 080 halpM.
W O T e ^ S ^ S ? 118^ 116 rf ceipts at the outports the past week
only ¡88711 h « !« ’ S® f ual m®^ement from plantations w m
_
P*e imports into Continental ports this week have been only
138,781 bales, the balance being taken from the stocks at
64,000 bales.
* 5 , ™ townsl. 1884 J « » the receiptsfrom fte X t o U o n i
The above figures indicate an increase in the cotton in sight
to-night of 122,410 bales as compared with the same date of SowM b S .wee were i3s-838 1,8188“ d , ot i««> t i ^ s s ;
ISS6, an increase of 111,091 bales as compared with the corres
ponding date of 1885 and a decrease o f 160,344 bales as
a
S
L
” »
1' - ' ! “ >? table below
w e ™ e the r6o S ^ ^ p ^ t a t i o n W an“ her L m Ä d
compared with 1888.
% Jhem uthî nel overla^d movement to ï ï ï ï f ï ï S ï ï S
A r THE INTERIOR T o w n s the movement—that is the receipts
spinners
to » the—same
date,
to give
give
substantially the amount
o f oof io
.• i_v
. ’ so as w
*oi the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period o f 1885-86— is set out in detail in the following statement.
I
£
i
£
"
"
|P
H3HW*
® ® t. «
f
<->00
i
$r;
g . ° - : : : : B & i r 'S ® ® » ; 7 J » ;
Pi P; ; ; ; s s p g ; g p j t : j :
a
to
wto
«0 —COto M*0
C0|^.M <J03
COOKCp-Mt
X O Q tt^ V ,
OUOOttO
^
o
M — CS
K)
<1CS0^4 W 05 «0
CDW A m '05 ©
I—oi co m <j ¡s. co
MW
t o A © "jt-r m - n V ,
O ® -1M
WS'w «405O S to 2
o to to W00 S 2 & g g ¡5
M
t " , .TdPC
0° 05 M COao 05 at to -4
to
00 ;
M
«r1 PP
003 tow
oo. 03to—toto
lOMtO
^COM OOi
10 O 00 CO
HHtOW
03
C O O t û ô u iu c n li
00 • bvOKOCOM
to M
VJ(faIf. MM
' 00
00 CCM
4 to co ©
M O t^ J O W r -
OIMCOOC5M
O
CS
If- m ifaM M t-5M
0003 W© t0 w- t0
© W © -4 WMhO
COOIHCJ-J Wife
00© M -4 ÛO© ÜI
M<35GDO>;
O lO * M -4 .
«
03©
OKI
eotaopiMto;
coc»MCn®c»i
w om ©©©:
© © © if. W M«
KIf ÇOto to 0301.CO.;
'to
po o -4 0005-1 tO
M O o c o o j^ o ^ t a ^ ; « o o s w ^ ^ S S «
co to —to M CO
OD05 O -1 en COO
O W O M M coh
-1
©
«0W Mto
j** ® O ^3 tb+ tO
pIM
CD
MMM
M
¿0 tOCUfir, oo o o ».a « n
00©WWt5»©-4O-4©mgaga^.^l^|Q >^ 00
4W
M
l l i § § 8 S 3 ® ^ S S S g 5 ’s ’g §
t o o w -jv i vitaux vj op ca oo
' . Pi °. W
î'
bam
MtOOI
M ©COW
to
' t OSOOBifa 0-4*. 0300 VICOM
I, o o © - x w © w t a © © g © g o g g g g ^ g
OoS
mK
^ « © * .^ ; H w 2 S 2 ^ g g
vltOOCllOCni^*^ û I gwOq7t>7"s7*i’!LTf rn I
w I <c (Do
oo
5 »
omm
! ©o © S2© 22
/7r,^e a^ ? j6
sk°w that the old interior stocks have
decreased during the week 18,693 bales and are to-night 110 839
bales less than at the same period last year. The receipts at
®am® fcown3 have been 7,801 bales less than the same
week last year, and since September 1 the receiDts at all ih«
towns are 18,727 bales less than for the same time in 1885-86.
t
Q u o t a t io n s
tor
M id d l in g C o t t o n
at
Oth er Markets'—
la tne table below we give the closing quotations o f middling
1883-84.
3 ,6 4 7 ,2 0 7
3 4 0 ,7 4 2
3 ,9 8 7 ,9 4 9
3 8 2 ,4 1 5
1 2 3 ,0 0 0
4 ,4 9 3 ,3 6 4
9 2 9 ,0 0 1
to-n igh t, as co m p a re d w ith la st y e a r is 276 32^l ‘h ^ r T 4 l n 8l* h t
as co m p a re d w itn 1884-85 is 351 aia i a i i
I n cr e a s e
1883-84 is 460,412 b ales.
351,648 b ales a n d th e in cr e a s e o v e r
m a «o © qoao5m
£**■&$*
i f ® h p « o>u œ m b * ® h w * t o i. œ a
o 'M O t jl(t.oolf . o o OJtf>taMg ig ;g ;g ;w ^
A O Mti © Oi ©
1886-87. 1 885-86. 1 884-85.
R e ce ip ts a t th e p o rts t o Jan. 7 3 ,9 1 4 ,8 4 2
3 ,7 5 9,64 4 3 ,8 2 5 ,5 1 0
In te rio r s to c k s on Jan. 7 in
e x c e s s o f S e p te m b e r 1 .
3 7 5 ,1 9 2
5 10 ,71 1
3 0 3 ,5 7 0
„ T o t . re ce ip ts fr o m p la n ta ’tns 4 ,2 9 0 ,0 3 4 4 ,2 7 0 ,3 5 5
1 ,1 2 9 ,0 8 0
N et o v e rla n d to Jan . 1 .............
5 13 ,74 2
5 2 5 ,0 9 2
3 5 8 ,0 4 8
S outhern oo n su m p t’n to J a n .'i
1 50 ,00 0
1 31 ,00 0
1 1 5 ,0 0 0
T o ta l In sig h t Jan . 7 ............... 4 ,9 5 3,77 6
4 ,9 2 6 ,4 4 7 4 ,0 0 2 ,1 2 8
N orth ern sp in n e rs’ ta k in g s to
J an . 7 ___ . . .
1 ,0 2 0,10 7 1 ,0 8 2,42 9
839,211
W e a t h e r R e p o r t s b y T e l e g r a r h . —The weather h l T S ^ i
quite wintry at the South during the week with snow in
almost all sections. The temperature has also been low
railing to two degrees below zero at Nashville. Under these
circumstances the marketing of cotton has been somewhat
retarded.
Galveston, Texas.—It has rained on three days of the week
the rainfall reaching sixty-four hundredths o f an inch. Ice
formed on two nights. The thermometer has averaged 42
ranging from 24 to 64.
®
»
Palestine, Texas.—The weather has been cold and dnr
during the week, with snow to the depth of one inch and icra
on every night. Tne thermometer t£s ranged fr o m 13 to 42
averaging 29.
5
10 w ‘ta,
New Orleans, Louisiana.—W e have had rain on four davs
of thew eek.therainfan reaching one inch and thir?y-aeven
hundredths. The thermometer has averaged 37. Rainfall for
December two inches and fifty-seven hundredths. d maU tor
M reveport,L ouisiana.-B aiafaU for the week twenty-five
k -an
j*10 thermometer has averaged 27
the highest being 46*5 and the lowest 12.
s
, * £ S i f ’ M ississippi.—The snowfall during the week
reached three inches. The weather has at the close b e S e
more favorable. The thermometer has averaged 26, rang “ I
from 3 to 56. During December the rainfall reached two
inches and fifty-eight hundredths.
ea two
Leland, M ississippi.—Tinring the week the thermometer
i f T W g6K ,*5?® 8 4u ’ averaojnS 27. Rainfall for the month
of December three inches and nine hundredths,
Greenville, M ississippi.—During the month of December
the rainfall reached two inches and ninety-seven h u n X h s
Clarksdale, M is s is s ip p i.-The weather has been dry and
too cold during the week, but at the close of the week the
weather has taken a favorable turn, The m S S i f i
64
[Vou
T H E CHRON1CLE.S
Jan. 6, ’87.
week was of wide extent in Central Mississippi but here only
a trace. Average thermometer 28*5, highest 48, lowest 6.
Rainfall for the month of December three inches and twentyfive hundredths
.
. .
M eridian, M ississippi.—Telegram not received.
Vicksburg, M ississippi.—It has been showery on one day
of the week, the rainfall reaching eight hundredths of an
inch. Snow fell here this week to the depth o f eight inches.
The thermometer has averaged 85, ranging from 9 to 64.
Rainfall lor month of December one inch and seventy-six
hundredths.
.
,
, ,,
G[osier, M is s is H p p i.-lt has rained o'n one day of the
week, the rainfall reaching twenty hundredths of an inch.
The snowstorm this week was of wide extent and here the
snow was two inches deep. Average thermometer 34, highest
of. December
the rain®
,
48 and lowest 14. During
—----- «, the month
fall reached ninety-six hundredths of an inch
Helena, Arkansan.— We have had ram on three days of the
week and snow has fallen to the depth of one inch. The
weather has been too cold. The thermometer has averaged
24, ranging from 8 to 88.
,
Memphis, lennessee.—There has been rain on two days of
the week, and snow fell on Tuesday. The rainfall reached
twenty-four hundredths of an inch. The thermometer has
averaged 82, the highest being 87 and the lowest 4. During
December we had rain on eleven days and the rainfall reached
three inches,
Average thermometer 87, highest 66 and
Z&Mobile, Alabama.—The weather has been too cold during
5
6
9
6
3
Jan. 7 , ’86.
Feet.
Inch.
5
15
18
7
16
3
4
3
5
9
The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Jan. 6.
In d ia C otton
Movement
B O M B A Y R E C E IP T S
Shipments this week
Fear Great Conti
BrWn. nent.
prom
all
P o r t s.—
AND SHIPMENTS FOR FOUR TSARS.
Shipments Since Jan. 1.
Great
Total. B ritain
1887 4.000 15.000 19.000
1886 2 .000 1 5.000 17.000
1885 2 ,000 12.000 14.000
1884 1 1 ,0 0 0 8,000 19.000
4 .000
2 .0 0 0
2 ,000
18 ,0 0 0
Conti
nent.
15.00C
1 5.000
12.000
24 ,0 0 0
Total.
1 9 .0 0 0
17.0 0 0
1 4.000
4 2 .0 0 0
Receipts.
This
Week.
4 1 .0 0 0
30 .0 0 0
16.000
47 ,0 0 0
Tear.
4 1 .0 0 0
3 0 .0 0 0
1 6.000
7 7 ,0 0 0
According to the foregoing, Bombay appears to snow an
increase compared with last year in the week s r®9?1Pj18
11,000 bales, and an increase in shipments of 2,uuu Dates.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
years, has been as foUows. “ Other ports” cover Ceylon,
Shipments fo r the week.
l°l$alhville, Tennessee,—W e have had rain on five days of
the week, the rainfall reaching thirty-three hundredths of an
inch. Average thermometer 22, highest 45, lowest 2 below
Inch.
Feet.
4
New O r le a n s .... . . . . . Above low-water m ark.
13
M e m p h i s ......... ....A b o v e low-water mark.
10
N a s h v i l l e .............A b o v e low-water mark.
3
S hrevep ort............. ..A b o v e low-water mark.
17
V lo k s b o r g ................Above low-water m ark.
XL1T,
Great
Britain.
Oaloutta—
1 8 8 7 ..........
1 8 8 6 ..........
Madras—
1 8 8 7 ..........
1 8 8 6 ..........
All others—
1 8 8 7 ..........
1 8 8 6 ..........
1,600
1,000
Conti
nent.
Total.
1 ,600
1 ,0 0 0
Shipments since January 1.
Great
Britain.
Continent.
1,600
1,000
......
Total.
1 ,6 0 0
1 ,0 0 0
the week, v ith ice, sleet and snow. Rain has fallen on three
5 00
..........
500
500
500
days to the depth of seventy-seven hundredths of an inch.
The thermometer has averaged 85, the highest being 61 and
..........
1,000
the lowest 15.
. .
,
,
.
^
1,000
1,000
1,000
Montgomery, Alabama.—It has rained on two days of the
week, the rainfall reaching seventeen hundredths of an inch. Total a l l 2 ,1 0 0
2,100
2 ,100
2,100
The thermometer has averaged 81, ranging from 12 to 61.
1 8 8 7 ..........
2 ,0 0 0
2 ,000
2 ,000
2,000
1 8 8 6 ..........
During the month of December the rainfall reached three
The
above
totals
ior
tne
wees
buuw
tu«,
-----------inches and five hundredths.
,
Selma, Alabama.—It has rained lightly on one day, the the ports other than Bombay is 100 bales more than same
rainfall reaching ten hundredths of an inch, and snow fell this weeklast year. For the whole of India, therefore, the total
week to the depth of four inches. The thermometer has shipments since January 1, 1887, and for the corresponding
ranged from 14 to 56, averaging 80 5.
x
.
, periods of the two previous years, are as follows:
A u b u r n , Alabama.—It has been showery on two days of
EXPORTS TO EUROPB PROM ALL INDIA.
he week, the rainfall reaching thirty-five hundredths or an
1885.
1886.
1887.
inch. The weather has been too cold, ice having formed on
Shipments
Since
This
/Since
every night during the week. Snowfall one and one-half
This
Sinee
This
to alt Europe
J a n . 1.
week.
J a n .1 .
week.
inches. Average thermometer 31 ’7, highest 55 and lowest 9.
Jan. 1.
week.
from —
Birmingham, Alabama.— There has been rain on one day
14,000
1 7 ,000 14 ,0 0 0
1 9,000 17,0 0 0
19,000
bay. . . . . . .
1 ,0 0 0
1,000
and snow on one day of the week, the remainder of the week Bom
2 ,0 0 0
2,000
2,100
2,100
All other ports
being clear and cold.
. . .
,
.
, ..
1 5.000
15.000
19,000
1
9,000
2
1
,100
21,100
Madison, Florida.—We have had ram on two days of the
T o ta l.........
week, the rainfall reaching fifty-eight hundredths of an inch.
A L E X A N D R IA RECEIPTS AND B H l F f f l K f l m - i i u u u g u
The thermometer has averaged 35, ranging from 17 to 6U.
we have made with Messrs. Davies, Benacm & Co., or
Macon, Qeovgia—There has been no rain all the week, but ments
Liverpool and Alexandria, we now receive a weekly cable or
snow fell on one day to the depth of four inches.
the movements of cotton at Alexandria, Egypt. The following
Columbus, Georgia.—W e have had rain on two days of the are the receipts and shipments for the past week and for the
week, the rainfall reaching thirty-four hundredths of an inch. corresponding week of tne previous two years.___________ ___
Average thermometer 26, highest 85 and lowest 11. Rainfall
A lexandria, Egypt,
for December one inch and sixty hundredths.
1884-85.
1885-86.
1 886-87.
Jan. 5.
Savannah, Georgia.—W e have had rain on four days and
the remainder of the week has been cloudy, damp and dis Receipts (oantars*)—
1 7 0 ,0 0 0
150,0 0 0
170,000
agreeable. The rainfall reached thirty-four hundredths of an
This w e e k ....
2 .3 5 3 ,0 0 0
2,1 5 3 ,0 0 0
2 ,1 9 7 ,0 0 0
Sinoe Sept. 1
inch. The thermometer has averaged 87, the highest being
Sinee
This
/Since
This
Since
62 and the lowest 16. December rainfall three inches and
This
week. Sept. 1. week. Sept. 1- week. Sept. 1.
sixteen hundredths,
,
Augusta, Georgia.—The early part of the week was clear
(bales)—
1 45,000 2 0,000 2 0 0 ,0 0 0
and cold, but the close has been wet and disagreeable. On Reports
To L iv e r p o o l..... . . . . 8,000 162,000 16,000 75 ,0 0 0 9 ,000 7 9 ,0 0 0
9 ,000
5 ,000 69,000
Wednesday two inches of snow fell—the hardest in years.
To C o n tin en t. . . . —
2 7 9 ,0 0 0
The rainfall for the week has been one inch and sixty-nme
13.000 231,0 0 0 25 ,0 0 0 2 2 0 ,0 0 0 29,000
Total Europe.
hundredths. The thermometer has ranged from 15 to 52, aver
* A oantar Is 9 8 lbs.
aging 81. Rainfall for December three inches and sixty-five
Manchester Market.—Our report received by cable to-night
hundredths.
.
Atlanta, Georgia.—Telegram not received.
states that the market for both yarns and shirtings is firm.
Albany, Georgia.—It has rained on one day of the week, W e give the prices for to-day below, and leave those for pre
the rainfall reaching forty-two hundredths of an inch. Ice vious weeks of this and last year for comparison :
formed on six nights, and the snow storm was of wide extent
1885-86.
the snow reaching a depth here of three inches. Average
1886-87.
OotVn
thermometer 82, highest 42 and lowest 19.
Oott’ r 32« Cop.
844 lb»M id.
8 H lbs.
Mid.
8 2 c Cop.
""charleston, South Carolina.—It has rained on three days
Shirtings.
1
tritt.
UpIds
Shirtings.
Uplcti
Twist.
of the week, the rainfall reaching fifty-seven hundredths of
d.
«. d.
s. d.
an inch. The thermometer has averaged 37, the highest
<L
d.
d.
s. d
d.
d. s. d .
1« 53ia
being 60 and the lowest 16. December rainfall one inch and N o v . 5 78 16-7 1 1 l8 5 7 ^ 0 6 7 1« 548 7 \ « 8 3 s 55 88 «« 77 I14a
548
.. 12 7 sift—7 11ie 5 7 i « » 6 7 la 548 70s «848 5 8 ® 7 14a 58ia
seventy-nine hundredths.
5 7 i « a 6 7*a 53 16 7Hie«83ie
« 19 738 ®8
7 l 1« 514
Stateburg, South Carolina.—The weather has been too
5 74fi®6 7 ^ 53« * 7% «844 55 88 ®
« 26 73g a >8
« 7 l 1« b»!«
73s « 8 1«
S is
7&
16
—
71B
16
5 8 «6 8
cold. W e have had rain on three days of the week, with D eo. 3
5*18
5
74fl®7
1
71»
«
8
5*4
5 8 «6 9
« 10 7®8 » 8
5
thunder and lightning on Friday and sleet and snow on
73a »7*8 5 71« ® 7 1
5 J4
,< 17 783 ® S
5 8 «6 9
5
5
742®7
1
¡74*
®7%
Wednesday. The rainfall reached one inch and twenty-four
514
24 7 6 16~71616'5 8 « 6 1 0
544 7 18 ® 7 a8 5 74« » 7 1
hundredths. The thermometer has averaged 30‘8, ranging
«■ 31 761(.—'7 l5ie |5 8 ®6 10
5
5
7
1
«
»
7
1
56««
from 12 to 48. December rainfall two inches and fifty-six hun Jan . 7 7&1R ® 75ifl '5 8 ®6 10
drm fcon , North Carolina.—It has rained on two days of the
week, the rainfall reaching one inch and thirty
Snow fell here to the depth of one inch. The thermometer
h a s r a n g e d from 14 to 48, averaging 80.
..
The following statement we have also received by telegraph,
Shewing the height of the rivers at the points named at 3 o clock
Jan, 6, 1887, and Jan. 7, 1886.
O v e r l a n d movkmisjnt , « a,,,
------ —
rial oolums to-day will be found our regular statement of
overland movement, receipts, exports, spinners takings, «Sc.,
brought down to January 1.
tyttk B u t t s B a g g i n g , «fee.— There has been very little
doing in the bagging market since our last report, the inquiry
January 8, 1887. j
TH E C H R O N IC LE .
n o t h a v in g sta rte d y e t.
P r ic e s a re e a s y a n d o n a la r g e p a r c e l
a c o n c e s s io n c o u ld b e o b ta in e d .
A s k in g fig u r e s a re 6 W c . f o r
l & J b . , 7 c . f o r 13^ l b . , 7 ^ c . f o r 2 l b . , a n d 8 % c . f o r s t a n d a r d
grades.
O n l y a m o d e r a t e b u s in e s s is b e i n g d o n e in j u t e b u tts ,
a f e w o rd e rs b e in g in m a r k e t f o r p re s e n t w a n ts .
F o r paper
g r a d e s s e ll e r s n a m e 1 ^ @ 1 1 5 -1 6 5., a n d 2 @ 2 ^ c . f o r b a g g i n g
q u a l it i e s , t h e s e b e i n g t h e f i g u r e s a t t h e c l o s e .
S h ip p in g N e w s .— T h e e x p o r ts o f c o t t o n f r o m th e U n ite d
^ ? t^ at ^ e 1Pa s t w e e k , a s p e r l a t e s t m a i l r e t u r n s , h a v e r e a c h e d
1 oo, do2 h a le s. S o f a r a s t h e S o u t h e r n p o r t s a r e c o n c e r n e d , t h e s e
a x e t h e s a m e e x p o r t s r e p o r t e d b y t e l e g r a p h , a n d p u b l i s h e d in
t h e C h r o n ic l e la s t F r id a y .
W ith regard to N ew Y o r k w e
n o l u d e t h e m a n i fe s t s o f a l l v e s s e ls c l e a r e d u p t o T h u r s d a y .
N s w Y o r k —T o L iv erp ool, p e r steam ers A rizon a, 6 9 1 ___ bale9'
C h ica go, 1,8 >2 . . . . G allia, 1 ,4 8 3 . . . . Ita ly , 2 , « 9 2 . . ..L a k e
10 615
S up erior, 2 ,1 0 9 ----- P tolem y , 5 5 9 ___ Sardinian, 8 8 9 . . .
T o Hull, p er steam ers G alileo, 1,365 ...R o s a r io , 1 ,0 0 2
'
2*367
1 o L eith, p e r steam er M on te R osa , 4 0 0 ......................
'’*
'400
T o H a v ie . p e r steam er La B reta g n e, 1 ,8 9 1 ................... ] ..............
1 sat
T o B rem en p e r stea m er Saale, 9 3 4 ...................
.....................
’—
9 34
T o H a m b u rg, p er steam er W estphalia, 1 ,3 3 6
........
1 ,3 3 6
T o A m sterd a m , p er steam ers L u d g a te H ill, 2 5 0 ___ Shiedam
4 9 2 .............................. .....................................................
7 42
T o A n tw erp , p e r stea m er N oot ¿ la n d , 3 3 7 " . * . 7 . 7 ..........
337
4,° ^ °tte n b u r g , p e r steam er G oth la , 2 5 0 ....................... .7*7***
250
* 60
—
J oh n s, N. P ., p e r steam er P ortia , 6 0 ..................7 . 7 7 "
■NSW O r l e a n s —T o L iv erp ool, p e r steam ers C ounsellor. 3 ,3 9 8
4 ,0 0 0 — K im b erley. 5 ,7 0 9 ___ K n ig h t E 'n n t ,
7 .^ 2 5 ........p er b arks A ba n a , 4 ,2 4 2 ......... O ita v ia S tella,
2 6 ,9 1 6
T o H avre, p er steam ers C ity o f M aiiohester. 8 ,7 0 6 "...E r i
K in g , 3,851 — p er ships C am bridge. 3 ,7 8 0 ___ E qu ator,
4 ,2 7 3 — p e r b ark Zeb in a Goude.v, 3 ,6 1 2 .............................
2 4,2 22
t o B rem en , p e r steam ers K in g sd a le, 3 ,6 7 6 ___ St. L o u is "
3 » ^ 3 ................. ............... ..................................................
7 1 09
T o A n tw erp , p e r steam er B osk en n a B ay, 3 ,4 5 5 .. . . p e r ’ b a rk
’
L ou isian a, 1 ,9 4 0 ..............................................................
g 390
T o Baler m o, p er Dark L eop old o, 2 , 1 4 2 . 7 . 7 7 . 7 7 . 7 . 7 . 7 . 7 7 7 7
2 142
M o b il e —T o L iverp ool, stea m er D eak, 4 , 1 2 2 . . . ....... . . . . . . . . . . . . .
4122
SAVANNAH—T o L iv e rp o o l, p er steam er C ervin , 4 ,9 3 8 ...................... 4 9 38
T o H a v re , p er b ark N iagara, 3,100........................................ ’ "* 3*100
T o B rem en, p e r ------------ , 5 0 ........................................................7.7."
* 50
C h a r l e s t o n —T o L iv e rp o o l, p e r stea m er C rete, 4,388.77."".".".7. 4 3 88
T o H a v re p er bark s C onte O sca r L , 2 ,6 1 3 ........F in n , 1 ,2 5 0 . ...
K a lsted, 1 ,5 5 0
......... ............................... 5 4 13
T o An tw erp , p e r steam er L ib elle, 3 ,1 2 5 ............. .7.7.*.*.* 3,*12 5
T o S eba stop ol p e r stea m er T h rop tou , 3 ,9 7 9 ................. ........... *
3 9 79
1,0 0 9
T o B arcelona, p e r bark A n ib a l, 1,001..................................... ..
G a l v e s t o n —T o L iv erp ool, p er stea m er O yp hren es, 4 ,8 5 3 ..."
p e r bark M oorh ill, 1 , 4 5 4 . . . . . . . ....................................................
0 307
T o H a vre, Der b ark N ore, 1 ,6 1 0 .........................7 . 7 ....................
1*610
T o B rem en, p e r barks A bel, 1 ,3 9 8 ........E m m a, 9 1 8 .........'M arco
’
491«
P olo, 2 ,8 0 0 .......................................... ..................... .. .........................
W il m in g t o n —T o L iv e r p o o l, p e r b a rk E rn st, 1 ,2 4 3 ....* * 7 * * 7 .".*
1*243
N o r f o l k — To L iv erp ool, p e r steam ers C a m Brea, 5 ,1 0 0 . .7
B o b e r t D ick in son , 4 ,9 7 2 ___ M on aroh a n d sh ip K a m b ira,
1 3 , 4 9 9 .. ..........................................................................................
2 3 5 71
B a l t im o r e —T o L iv erp ool, p e r stea m ers N ova S cotia n , 8 6 * 2 7 7
'
St, F illa n s, 1 ,1 3 3 . ... T h a n em ore, 2 ,3 6 6 ...............................
" 4 331
T o R rem en, p e r steam er H erm an n , 1 ,1 2 3 .......................... 7 7 7
1* 123
T o R otterd a m , p ip steam er N a ples, 5 0 ................................7 7 7
50
B o s t o n —To L iverp ool, p e r steam ers B ulgarian, 2 ,17s"."..".Cata
lon ia , 3 9 7 ----- Io w a , 2 ,6 7 2 ___ P a lestin e, 2 ,2 9 1 ..........................
7 ,5 3 3
_
T o Y a !m o n th , p er ssearner D om in ion , 20 . . . . . . ........................ ..
20
P h il a d e l p h i a —T o L iv erp ool, p er stea m er B ritish P rin ce, 498.*.*
498
500
b a n p b a n c is c o —T o L iv e r p o o l, p e r sh ip W asdale, 5 0 0 ............... ! .
T o t a l . . . . « . . —..........— — ......................... - ....................................... - 166.662
T h e p a r t ic u l a r s o f t h e s e s h i p m e n t s , a r r a n g e d i n o u r u s u a l
fo r m , a re as fo llo w s :
R otterdam ,
A m sterd am ,
A n tw ’p
G enoa
B rem . a n d
and
L iv e ra n d Gotten- Sebas- B a rce
Sa
vool. H a v re. H am b. burg, topol, lona. lern o.
Total.
N ew Y o r k . lo ,6 1 5 1 ,891 2 ,2 7 0 1 ,3 2 9
1 8 ,9 32
N . O rlea n s. 26,946 2 4 ,2 2 2 7 ,1 6 9 5 ,3 9 0
¿ 7 4 2 6 i , 8 69
M o b ile ........
4 ,1 2 1 ..........
4 ,1 2 2
S a v a n n a h .. 4 ,9 j 8 3 ,1 0 0 *” S o ..........
8,<>88
C harleston. 4 ,3 8 8 5 ,4 1 3 .......... 3 ,1 2 5 3 ,9 7 9 1,0 0 9
1 7 ,9 U
G a lv e s t o n . 6 .3 0 7 1 ,6 1 0 4 ,9 1 6
12,8 33
W llm lngt’ n
1 ,2 4 3 ........................
1,243
N o rfo lk ___ 2 3 ,5 7 1 ...................
..........
2 3,5 71
B a lt im o r e . 4 ,3 6 1 .......... 1 ,1 2 3
50
5 ,5 3 4
B o sto n . . . .
7 ,5 3 8 .............. . .
7 ,5 5 8
P h ila d el’ ia .
4 9 3 .......................
498
S an F ra n ..
5 0 0 ........................
500
65
D ee. 17
Sales o f t h e w e e k . ..........b a le s '
O f w h ich e x p o r te r s to o k . . . .
O f w h ic h sp e cu la to rs t o o k ..
Sales A m erican . . . . . . . . . . . . . . . .
Actual e x p o r t . . . . . . . . . . . . . . . 7
F o r w a r d e d .............................. ..
Total s to ck —E stim a te d ....... 1 7
O f w h loh A m erican —E stim ’ d
Total im p o rt o f th e w e e k . . . . . .
O f w h ic h A m ^ rioa n . . . . . . . . .
A m o u n t a flo a t.................... .........
O f w h ic h A m e r ic a n . . . . . . . . .
63,0 00
5,000
5 .0 0 0
4 5.000
9 ,0 0 0
2 2.0 00
571 ,00 0
3 9 0 .0 0 0
132,000
108 ,00 0
286,000
2 51 ,00 0
Dee. 24.
D ee. 31.
J a n . 7.
59,0 00
5.0 0 0
3,000
4 5,0 00
lO.OOu
21,000
5 84 ,00 0
403,000
95,0 00
7 8 ,0 00
3 2 6 ,00 0
251 ,00 0
3 7 .0 0 0
3 .000
2.000
27,0 00
8,000
1 3,000
6 72 .00 0
4 3 7 ,0 0 0
146 ,00 0
127 ,00 0
326 .00 0
2 8 5 ,0 0 0
5 1 ,0 0 0
4 ,0 0 0
3 ,0 0 0
3 3 ,0 0 0
4 ,0 0 0
3 4 ,0 0 0
7 2 8 .0 0 0
5 3 4 .0 0 0
1 3 8 .00 0
1 0 7 ,0 0 0
3 0 8 ,0 0 0
2 9 0 ,0 0 0
The tone of the Liverpool market for spots and futures each
¿ay of the week ending Jan. 7, and the daily d o ling prices
of spot cotton, have been as follows:
Spot.
S aturday M on day.
M arket. {
12:;í 0 p .m . (
(Jpl’d s —
ylu l.O rl’ us.
Mid. Sales .
Spec. Sc e x p .
►
F utures.
M arket, I
12:30 p .m . I
S3
*
a
W
tc
M arket, )
4 P. M. }
T uesday.
W ednes
Thursd’y.
F rid a y .
H&rden’g.
Firm.
Harden l'g
Good
business
doing.
5 # ,«
5T18
10,000
1,0 0 0
5*4
53a
1 2 ,0 0 0
2 ,0 0 0
« •
53a
1 2 ,0 0 0
2 ,0 0 0
Steady at Quiet at
164 to 2-64 1-64 de
adv&noe.
cline.
Firm.
1 4 ,0 00
1 ,0 0 0
Steady at Easy at
1-64 ad 1-64 <42-64
vance.
decline.
Quiet.
Improved.
Easy,
ouu u w m g prices 01 iutures lor
. ------- —01 —
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
» 3 7- Ä
* 63
a~ * 61" u '
B a t., J a n . 1 .
H o n ., J a n . 3 .
Tuen,, J a n . 4 .
Open High Low. atoo
d.
515
5 15
515
516
5 IS
580
5 82
5 85
5 87
J a n u a ry ,...
Jan.-Feb....
Feb.-March
Mar .-April..
April-May..
May-June .
June-July..
J uly-A ug...
A ug.-Sept..
W e d n e s ., J a n . 5 .
Jan uary....
Jan-Feb.....
Feb.-Maroh
Mar.-Apr ..
Apr .-May ..
May-June..
June-July..
July-Aug ..
A ug.-Sept..
T h a n ., Jan. 6.
d.
616
516
5 16
517
510
5 21
524
5 26
5 88
d.
d.
515 5 16
5 15 516
515 516
5 16 517
518 510
520 5 81
5 23 524
6 25 526
5 27 528
F rL , J a n . 7 .
Open High Low. Oloe. Open High Low. Oloe
Open ■High Low, Otos
d.
515
5 15
515
516
518
5 80
5 38
5 21
5 2d
d.
516
5 15
516
6 16
518
5 20
583
5 24
5 26
d.
5 15
515
515
516
518
5 20
5 22
5 21
5 26
d.
614
514
514
513
517
5 10
5 21
5 24
5 26
d
514
5 14
514
515
5 17
5 10
5 21
5 84
5 26
d.
516
5 16
516
5 17
510
5 21
523
5 25
528
d.
517
516
516
518
510
6 21
5 24
586
5 88
d.
516
5 16
5 16
617
510
5 21
5 23
5 25
5 28
d.
517
516
516
518
510
5 21
524
5 26
588
b r e a d s t u f f s
d.
516
515
516
516
518
6 20
5 22
5 24
5 20
d.
5 16
515
515
510
517
510
5 21 5 81
523 523
5 25 526
d.
615
5 15
515
5 16
5 17
510
,
F r i d a y . P . M ., J a n u a ry 7 , 188 7 .
The flour market has been somewhat unsettled and only
moderately active for the week under review. The looal trade
has continued to be impeded by the obstructions to transpor
tation arising from the snow in our streets, while the export
demand has been fitful and uncertain; but a more serious and
T o t a l . .. 9 5 ,0 2 7 3 6 ,2 3 6 1 5 ,5 2 8 9 ,8 ) 4 3 ,9 7 9 1 ,0 0 3 2,142 1 66,662
ef o o k H® abovi ! o t2 l8 ? re from N ew Y o r k to H u ll, 2 ,3 6 7 b a le s ■ notable obstacle to business was found in the firmness of
bales. ’ 400 b jle 8 ’ a n d t0 8 t' J oh n 8 ' 6° ; fr o m B oston to Y a rm o u th , 2 0
holders, who resolutely refused to make concessions to whioh
buyers have been accustomed when making bids for full lines.
Cotton freight) the past week have been as follows:
The wheat speculation has been active, but the course of
Sa tu r.
M on .
prices feverishly variable and unsettled.
The comparatively
lú e s .
W ednes. T h u rs.
F r i.
high figures that were reached early in the week brought out
L iv e r p o o l, stea m d.
n
64®sie
U
e4®
318
1164®3J6
H e4® 318 l l 6i ® 3ie
i
Do
s a il...r f.
free sellers to realize, and the “ bear” interest was strength
H a v re , stea m . . . e .
í
71S
7ie
ened by the more peaceful aspect of European politics and
718
"la
7ie
Do
s a il..........e.
... .
...
•—
•
_rTT
the full supplies coming out from the hands o f growers (the
B rem en , s te a m ..c .
718®19 7ie ® *s 7i 6® %
;
716®12 7is ® %
natural effect of the higher prices.)
But at each decline
Do
s a i l ___ c
;
....
....
__
••••
H a m b u rg, steam , e
shippers
bought
very
freely
and
thus
gave
a fresh impulse to
fe
7lfl
716
716
718
716
Do
s a il....e .
....
... .
....
....
the speculation for the rise. To-day the market was dull and
A m st’d ’m , stea m e.
0
50*
50*
50*
50*
50’
weak, both in the regular way and for speculation.
w
Do
s a il... e.
B e v a l, ste a m ___ d.
Do
s a il...........d.
B a rcelon a ,stea m d .
G en oa, stea m . . . . d .
T rieste, s te a m .. .d .
A n tw e rp , stea m .d .
* P e r 1 00 lb s.
i
i
:
¡
:
....
....
••••
——
i ’l,e4® 016 17f4®516 1764®BI6 I7e4® 5 16 1784 ® 8lfl
*4
%
%
*4
*4
*4
*4
982
*32
9S2
932
b32®318 632®a16 532®S16 ®32®316 682 n 64
*4
9S2
. L i v e r p o o l . — By oable from Liverpool we have the following
statement of the week’s sales, stocks, & c., at that port, W e
Add previous weeks for comparison.
DAILY CLOSING PRICES OF NO. Z BED WINTER WHEAT.
Sat.
M on .
Tues.
W ed. T h u rs.
F riJ a n u a ry d e liv e r y .. . . . . . .
93%
9 2%
93*4
93
92
;
F e b ru a ry d e liv e r y .............
95*4
9 3%
9 3%
91*4
93
M a rch d e l i v e r y . . . . . . . .........
9 6%
95 *3
95*8
95*a
94%
A p ril d e l i v e r y ..................... ,2
98*4
96%
97
96%
96
M ay d e l i v e r y ............ .
a
i.97%
99%
97%
98*4
97%
J u n e d e liv e ry . . . ................. £
9 8%
983a
100*8
98%
97%
J u ly d e liv e r y .......................’ «
—
....
9 8%
....
98*6
A u g u st d e liv e ry ............
;
....
....
••••
99%
98%
S eptem b er d e liv e r y .............
;
....
99%
100*8
Indian corn made a sharp advance on Monday, but has
since been dull, drooping and unsettled. Yesterday, how-
fV O L .
T H E C H R O N IC LE ,
66
XLTT.
B y e,
C orn ,
Oats,
W heat,
bush.
bush.
bush.
I n stare a t—
hush
4
1 .8 5 7
Stew Y o r k . . . . . . . . 1 0 .9 1 0 .7 3 1 3 ,8 3 3 ,7 8 9 1 ,2 2 5 .9 7 1
4 .0 0 0
2 5 ,0 0 0
4 9 .8 0 0
D o a f l o a t . . . . . . 1 ,0 0 6 ,5 0 0
9 ,0 0 0
1 14 ,00 0
4 1 ,5 0 0
1 1 ,0 7 0
A l b a n y ... .............
3 8 .2 5 3
4 ,n i l
3 3 1 .0 3 4
B u f f a lo ..... . . . . . . 3 ,3 1 6 ,9 2 6
1 5 1 ,6 1 0
9 8 1 ,0 7 4
4 ,7 2 2 .1 3 0
C h ica go___ _. . . . 1 3,0 2 6 ,6 0 8
2 9 1 .4 6 7
D o a floa t..........
..........
1 0,332
3 ,9 7 3
M ilw aukee............ 3 ,1 3 9 ,6 9 9
d a i l y c l o s in g p r ic e s o p n o . 2 m i x e d c o r n .
D o a flo a t ......
..........
F ri.
Wed. T hurs.
M on.
Tues.
Sat.
D
u
lu
th
....................
9
,2
2
4
,5
5
7
47*«
47%
471«
47 »9
48*8
J a n u a ry d e liv e r y _________ _
Do a f l o a t . . . . . .
1 4 1 .00 0
431«
4838
48%
4 9%
494
5 4 ,0 7 5
F eb ru a ry d e liv e r y ............. ® ¡3
2 3 0 ,6 7 5
3 6 ,7 4 4
5130 T o le d o .................... 4 ,2 0 8 ,6 2 1
5 1%
5------1 % --------51*3
52*2
M a y d e liv e r y ............................W®
D o a flo a t..........
22.500
26*852
2 0 1 .0 3 2
Oats have been irregular. White outs are decidedly higher, D e t r o i t . . . . . . . . . . . 2 ,4 1 1,45 6
1 6 ,8 00
120,000
s w e g o ................
1 80 ,00 0
and there is some improvement in mixed on the spot and for O
3 0 ,0 71
5 8 9 .6 5 5
St. L o u i s ... ._
9 6 1 ,7 3 7 ,0 8 7
2
8 ,0 0 0
the near futures; but for the more distant options an early C in cin n a ti. . . _. ...... 4 ,2 7708,1
13
*.000
16,0
00
,0 0 0
1 ,1 4 3
4 49 ,49 7
2 66 .03 3
advance was quickly lost. To-day the market was unsettled. B o s t o n . . . . . . . . . . .
3 6 3 .3 9 3
4 ,2 4 9
13,2
17
T o r o n t o . ... .. . . . .
1 32 ,97 7
d a i l y c l o s in g p r ic e s o p n o . z o a t s .
2 1 ,6 7 6
5 7 ,2 1 3
6 1 ,6 0 6
M
o
n
tr
e
a
l...............
2
39,107
F ri.
Wed. T hurs.
M on.
Tues.
7
0
,0
6
5
Sal.
6
06
,17
9
P h i l a d e lp h ia ..... 1 ,0 2 5.45 1
35%
>>
3536
3538
35%
1*3*578
35%
9 3 9 ,0 1 9
160 ,10 3
J a n u a ry d e l i v e r y ................ ¡h
e o r ia ..... . . . . . . .
10.479
38 % P
»b
36
36
950
36%
35%
175,< 0 0 3 3 8 .0 0 0
F e b ru a ry d e liv e r y ............... 2
In d ia n a p o lis . . . . .
1 30,000
363g
36%
363s
3 6%
7 ,4 4 9
17,992
36%
3 3 6 ,0 3 9
M a rch d e l i v e r y .................. o
Kansas C i t y . . . . . .
3 2 1 ,6 4 7
37
3
ö
7
8
37
1
,3
86
37%
3
7
%
5 9 4 ,6 1 7
M
M a v d e liv e ry ....................... H
B a lt im o r e . . . . . . . .
7 81 ,93 8
..........
......
..........
D o a flo a t ......
moderate
demand and is firm. BuckEye has met with a m
o-------- --------M in n e a p o lis. . . . . . 6 ,9 0 6 .7 2 0
.....
......
..........
wheat is scarce and dearer. B irley is in fair request at steady St.
P a u l..................
7 2 2 ,0 0 0
.....................................................
prices. Barley malt is quiet. Canada peas are firm, but with On M is s is s ip p i...
..........
..........
..........
......
On la k e s ................
9 4 ,0 0 0
...........
..........
......
out much activity.
On ca n a l & riv er.
5 1 ,2 0 0
......
......
......
ever, there was at the decline a much better business done for
export, and at the close the 'tone was steadier. There have
been no very active influences at work, and the fluctuations
were to a large extent in sympathy with wheat. To-day the
market was weak and dull.
The following are the dosing quotations:
PLOUB.
F in e .....................V b b l. $ 2 0 0 8 $ 3 0 0 S ou th ern b a k e r s ’ a n d
fa m ily b r d s . # b b l $ 1 0 0 r $5 0 0
S u p e r f i n e .. ... . . . . . . . . 2 3 0 9 3 30
S prin g w h e a t e x t r a s . 2 95 9 3 40 R y e flour, s u p e r n u e .. 3 1 0 » 3 2 0
F lu e ............................. 2 3 0 » 2 6 0
M inn , cle a r a n d stra ’t. 3 5 0 9 4 80
W in te re h ip p ’g e x tra s . 3 0 0 » 3 5 0 Oorn m ea l—
W estern , <h0 . . . . . . . . 2 3 0 9 2 85
W in ter X X A X X X . . 3 6 0 9 4 85
B r a n d y w in e .... .... 2 8 5 » 2 9 0
P a t e n t s ... . . . . . . . . . . . . 4 60 9 5 40
S outhern a i m e r s .. ... . 3 0 0 » 3 4 0 B ’k w li’ t flou r,$ 1 0 0 lb s 1 8 0 » 1 8 5
Bouxh’ n c o m . e x t r a s . . 8 5 0 9 3 85
W h e a tS p r in g ,p e r b n s h .
S p rin g S o . 2 . n e w
B e d w in te r, N o. 2
B e d w i n t e r .........
WhltA
C orn—W est, m ix e d
W est. m ix . N o. 2 .
91
93
91
82
44
50
W h ite B on th ern . .
47
Y e llo w B onthern .
B yeState A P a ., $ b ush. 56
«
9
O ats—M i x e d ...............
W h ite ............................
N o. 2 m i x e d . . . . . . . .
No. 2 w h ite .............
B a r le y - C a n a d a ..........
W e s t e r n ....................
T w o-row ed S t a t e ...
S U -r o w e d S ta t e .. . . .
M a lt^
State, 6 -r o w e d -------S tate, 2 -ro w e d .........
W s te r n ...... , ..............
Peas—C an ad a .............
B u ok w h ea t........*.........
97
93
94
96
95
49
48%
50
50
54
50
59
34 9
39 o
35% *
40% »
68 »
6 0 f»
61 »
65 o
80
68
75
HI
56
»
»
»
»
»
T o t. Jan . 1. ’ 8 7 .
T
o t Dec.
6.
xoy.
uw, 2
w 5, , ’ 8
o il.
38
43
36%
41
78
68
63
69
85
73
85
66
58
The movement of breadstufts to market is indicated in tt e
Statements below, prepared by us from the figures of the New
York Produoe Exchange. W e first give the receipts at Western
pair« and river ports, arranged so as to present the compara
tive movement for the week ending Jan, 1, 1887, and since
July 24, for each of the last three years:
Receipt* a t—
Chicago........
Milwaukee...
T oled o.. . . . . .
D etroit.........
C leveland...
Bt. Loula. ...
P eoria..........
Duluth..........
T ot. wk. >87.
Same wk.’S’l.
game wk.’85.
Since July 24
1886-7.. ...
1 8 8 5 -0 .....
1884-5........
Rye.
Barley.
Oats.
Com.
Wheat.
H our.
Sbl*.190lb* Su.th.60 lbs Sush.56 lbs S imA.32 lb* Sus A.48 lbs SusA.56
5,
214.835
890.573
470.842
458,067
141,163
61,030
24.690
47,850
331,869
1.»
14,989
1,000
75,859
4,200
2.
110,903
5,209
14,370
27,085
59,719
139.489
5,559
6,500
19,500
56,500
8,833
12,
71,100
63.600
343,135
63.443
18.581
3,
96,075
22,900
131,150
11,500
3,850
260,486
710.837 _ ’ 889.550
826,598
588,042
534,446
814,332
26,
58,
37,
4,765.849 58.753.499 42,924.903 34.083,683 14,116,275
8,901,366 40.524,381 44,391.917 30.575.540 12,530.013
4.945.811 78,579.395 40.368.498 30,205,313 9,873,711
1,295,
2,034
3,327
188.183
130,634
201,980
1,820.556
993,879
1,430,0¿1
1,534.896
2,564,935
2,017,076
The receipts of flour and gram at the seaboard ports for the
week ended Jan. 1, 1887, follow:
F lou r,
bbls.
A t—
.
1
41 ,42 8
N ew Y o r k . . . .
B o s t o n .............. . 7 8 ,3 7 2
P o rtla n d . . . . .
6 ,4 3 2
M o n t r e a l .. ... . .
P h ila d e lp h ia .. . 2 0,2 28
B a ltim o r e ........ . 7 5 ,3 1.0
4.1 6 5
R ic h m o n d ........ .
4 ,7 0 0
N ew O r le a n s .. .
W heat,
bush.
5 5 9 ,3 6 0
9 7 ,1 8 9
C om ,
bush.
878 ,90 1
2 0 2 ,7 9 2
13,4 00
1 7 0 ,5 6 0
2 7 5 ,0 1 0
3 9 ,0 24
3 7 ,5 0 0
6 00
1 65 ,44 0
2 6 4 .6 8 6
13,968
6 4 ,6 1 6
Total w eek... 330,685 1,192,033 1,151,003
Oats, B a rley ,
bush.
bush.
2 5 5 .9 0 2 1 0 2 ,50 0
176 ,66 3 3 3,5 80
......
......
1 2 ,2 50
6 2 ,1 6 2
3 6 ,7 8 9
4 ,7 1 0
4 ,9 3 4
2 8 ,8 00
......
......
553,466 164,380
B ye,
bush.
2 ,2 0 0
1,125
••••>•
3 ,6 0 0
1,9 5 0
........
8,875
Oor. week ’ 86.. 245,481 158,114 2,375,055 581,154 202,525 17,455
The exports from the several seaboard ports for the week
ending Jan. 1, 1887, are shown in the annexed statement:
E xp orts
fr o m —
Wheat.
C om .
B ush.
B ush.
N ew Y o r k
2 7 7 ,6 6 0
8 07,911
B oston . ..
9 0,5 51
4 0,3 91
P o rtla n d .
2 0 ,8 0 3
N. N ew s.
pnliacLei.
113 ,71 4
1 7 8 .5 0 0
115 ,99 6
B a ltlm ’ri
3 7 0 ,8 7 7
9 1 ,1 3 0
N. O r l’ns
85,065
B lc h m ’n d
l** »8
6 89 ,05 1
T o t. w ’k 1,5 0 3,54 7
S 'm e tim e
1886.
1 39,907 1,6 0 5,47 1
F lou r.
B bls.
8 1 ,9 22
26,3 55
Oats.
B y e.
P eas.
B ush.
2 ,2 6 4
B ush .
B ush.
1 0 ,2 5 6
7,2*94
18,6 42
48,005
6 02
2 ,7 1 0
1 78 ,33 6
1 45 ,44 0
2 ,2 6 4
17,550
1 4 ,5 5 0
33,475
The visible supply of gram, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, andin transit by rail and water, Jan. 1, 1887 :
6 2 ,7 29 ,8 6 9 1 3.7 8 3 .1 1 4 5 .0 2 6 CIO
62,'>64,343
-4 ,6
0 5 4.9
9 6.4S
5
«
’ .3„ =1 2 .5
OKU
OM
Q /I1Q
OKI
B a rley ,
bush.
2 6 9 .3 0 8
1 6 0 ,0 0 0
1 75 ,70 0
2 37 ,07 9
3 0 8 .4 8 0
3 1 7 ,9 8 4
..........
2 0 ,0 7 5
8 3 0 ,0 0 0
9 9 ,0 1 0
3 6,0 00
3 5 ,9 6 3
1 9 4 ,4 5 6
5 1 ,2 6 3
4 52
4 3 5 .4 2 9 2 .7 8 5 ,7 9 3
2 .9 ' 0 ,2 6 1
47
26
7
4 ,90
,8 1 5
9 2 .3 9 1 ,7 6 8
1 ,7 5 1,99 4
3 ,2 7 3 ,8 3 2
* M inn eapolis a n d St. P a u l n o t Inclu de 1.
THE DRY GOODS TRADE.
Vwtir V ad w
Tridorr P M
_TU.T1 7. 1
There was during the week under review a moderately good
movement in some descriptions of dry goods on account of
former transactions, but new business was restricted in vol
ume, comparatively few out-of-town package buyers having
thus far appeared in the market. The domestic oommission
houses continued to make liberal shipments of gingl ams,
shirting prints, seersuckers, wash dress fabrics, white
goods, scrims, cotton hosiery, &c., to interior jobbers (on
account of backorders), and large deliveries were also made
in this connection to local jobbers and the manufacturing trade.
As regards the distribution of assorted lots it was a quiet
week in jobbing circles, but a fair package trade in domestics,
prints, &c., was reported by a few of the large jobbers,
Southern merchants having been their principal customers.
The market has presented few new features of noteworthy
interest. Prices of the most staple fabrics are generally firm,
and the stocks resting between consumers and the mills are
so small as a rule that values are likely to be maintained for
some time to come.
D o m e s t i c C o t t o n G o o d s . —The exports of domestics from
this port for the week ending Jan. 4 were 3,223 packages, of
which 925 were shipped to Great Britain, 327 to China, 472 to
Venezuela, 233 to Argentine Republic, 187 to U. S. of Colom
bia, 168 to Mexico, 161 to Cuba, 155 to Central America, 114 to
Santo Domingo, &c. The demand for staple cotton goods at
first hands was somewhat irregular, but sales, coupled with
deliveries on account of back orders, reached a fair aggregate
amount, and the tone of the market continues buoyant and
strong, because of the exceptionally small stocks on hand*
Print cloths continued in moderate demand, and 64x64s ruled
firm at 8%c., but 56x60s were a trifle easier at the close of the
week. Stocks last Saturday and for the three previous years
were as follows:
J a n . 5.
Stock o f P rin t Oloths—
H e ld b y P ro v id e n ce m a n u f’rs.
F a ll R iv e r m a n u fa ctu re r s...
P ro v id e n o e s p e cu la to rs .........
O u tside sp ecu la tors (e s t).......
Ja n . 1 ,
1887.
6 8 .0 0 0
6 0 .0 0 0
4 2 .0 0 0
3 5 .0 0 0
T o ta l s to ck , (p ie o e s)............. 2 0 5 ,0 0 0
Ja n . 2 ,
188 6 .
9 4 .0 0 0
7 8 ,0 0 0
2 4 0 ,0 0 0
4 1 ,0 0 0
Jan. 3,
1885.
4 3 1 ,0 0 0
3 2 2 ,0 0 0
3 2 0 ,0 0 0
3 0 0 ,0 0 0
1 1 3 .0 0 0
3 8 8 .0 0 0
2 5 6 .0 0 0
8 4 ,0 0 0
4 5 3 ,0 0 0 1 ,3 7 3 ,0 0 0
8 3 1 ,0 0 0
1884.
Printed calicoes were in light demand, but there was a large
movement in shirting prints, ginghams, woven wash fabrics»
seersuckers, white goods, scrims, cotton hosiery and spring
underwear, in execution of orders placed some time ago.
D o m e s t i c W o o l e n G o o d s . —The demand for men’s-wear
woolens was only moderate, comparatively few out-of-town
clothiers having appeared in the market. Overcoatings were
in fair demand by early buyers, but prices are barely satisfac
tory to manufacturers. Heavy cassimeres, suitings and
worsted coatings were in strictly moderate request, but there
was a fair movement in spring weights on account of previous
transactions. Satinets have shown more animation in some
quarters, and fairly good orders for heavy makes were placed
for later delivery. Kentucky jeans and doeskins ruled quiet
but desirable makes are steadily held by the mill agents
Cloakings and Jersey cloths continued quiet, and all-wool and
J a n u a r y 8, 1887.J
THE CHRONICLE.
67
•worsted dress goods (though in fair demand) were by no
E x p o r t s o f L e a d in g A r t ic le s o f D o m e s t ic P r o d u c e .
means active. For flannels, blankets, shawls and skirts the
The
following table, based upon Custom House returns,
demand was chiefly of a hand-to-mouth character, but carpets
shows
the exports from New York of all leading articles of
were distributed in fair quantities by the commission houses.
F o r e i g n D r y G o o d s . — As a whole the market for imported domestic produoe for the year ending with Tuesday last,
goods was very quiet, but a fair business was done in a few Jan. 4; also the exports for the year 1885 :
specialties, as Himburg embroideries, hosiery, fabric gloves
and mitts, &e. Dress goods and silks were in light demand,
T ear 1885.
but desirable makes are steadily held. Men’s-wear woolens
ruled quiet, but there was a fair business in tailoring goods A sh es, p o t s .......................................... bbls,
611
875
A
sh
es,
p
e
a
r
ls
......................................bbls
as linings, trimmings, &c.
180
1 93
I m p o r ta tio n s
o r
D ry
G o o d s.
The importations of dry goods at this port for the werk
ending Jan. 6,1887, and since Jan. 1, and the same facts for
the corresponding periods are as follows:
111?:
S
» ¿*3
« srtçt
®
O
a 2®
issila
. gr-
BNf 6
£
Si
* -to
COMICO
to to ►-conoto
m o I oom —casco
tOtO COM
OCKi OCM M
tf*
fcO
•o oc to to
< I X to C i go
co bo to o o
I*-00 XM J*
to jum ooo
MvJ co x co ifkm
•si m m
^oo joco
m a o* to o M oo
COMICO
H X rf* © ro
toto COM
00 to 00 ^-M
^(^■MtO^
QOmMPCCO
toco
coco
co •rMjl I
roto
CCOO I Mmots
¿^to mco to<i co
coloco
<j m I o» a oo b -o
ܻC& 1 mrc O'-*00
CO AOto 0 05
*- COíúp-a
tooom jcos
oo I oo
M COCOtO
00 oo co 05 Jt
n o m co <^.^9
'toco-1a»U
COMCOCOf*-»
coco vjMm
-H
3
Ç*.
$
®
COMsJh ^
WfpMif^CO
ÎOOCa5
_ M COV to
oo oo co a m x
^comcoifk
to^pVjatf^.
cc
o^
coco i»-m
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to m co oo ^
m o co o
C*
COto M ^ CO
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^aiftMQo
co to ^ co a
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I*- 05 m M <1CO*-0
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torneo oo i*
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co ^ co a m
M^ I H pO ^JJ
05
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05 tO QQ * * < 1 X 5 1
Im p o rts
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coco a a c o
to to tom m
to o M 50 CO
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CQtQMcoa
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oc ^ m x
00-05^-*
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o f L e a d in g
(-‘ t o * .# .«
lb® 3500to
ISObOOlb
O oit», wot
® to 35at -o
tv 10ro ji at
A r t ic le s .
The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port for
the years 1886 and 1885 :
(T h e q u a n tity is g iv e n in pa ok a ges w h en n o t oth erw ise specified .]
1886.
C hina, A c.—
C hina . . ...
50,501
E a rth en w .
36.8 49
G l a s s .........
545 ,47 7
G la ss w a re .
7 4 ,7 74
1 1 ,0 52
G lass plate.
B u tton s........
14,0 68
C oal, t o n s ...
4 0 ,8 1 2
C ocoa, b a g s.
7 4 ,6 0 6
Coffee, bags. 3 , 3 6 7 , 1 4 3
8 ,4 2 0
C otton,bales
D rugs, A c—
B ark, Pern.
3 ,0 5 8
B lea . pow d .
3 9 ,2 2 7
C o ch in e a l..
1,711
G a m b ie r . .
6 1 ,7 26
G a m , A ra b .
1 ,4 8 0
I n d i g o ........
5 ,8 6 9
M ad d er, A c
463
O il, O liv e ..
7 3,4 92
O pium . . . .
1,8 8 4
Soda, b i-cb
18,1 45
Soda, s a l .. .
27,6 68
Soda, a s h ..
7 6 ,8 2 0
F l a x .......
6,5 9 3
F u r s ........
2 3,3 05
G u n n y clo th
4 ,7 0 8
H a ir .............
3 7,4 45
H em p , bales
3 3 9 ,9 9 0
H id es, A c .—
B ristles . . .
3 ,8 4 4
H ides, d r’ sd
7 ,4 2 4
India ru bb er
1 0 0 ,3 6 tí
I v o r y ............
2 ,0 4 4
J e w e lry ,A cJ e w e lr y . . .
3,564
W atch es . .
1,7 8 0
lin s e e d ........
S 3,219
M o la s s e s ....
75,944
M etals, A c—
C u t le r y ....
5,7 9 2
H a rd w a re.
5 89
1885.
1886.
1885.
M etals, A o—
3 8,0 36 Iro n , p i g . . .
9 5,8 19
87,7 31
3 7 ,3 63
“ H R . bars
2 ,3 1 6
10,7 03
554 , *94 L ea d , p i g s .
1 2 9 .97 2
43,5 51
6 5,205 S pelter, lb s 4 .1 5 4 ,2 6 5
2 ,8 7 9 ,5 9 4
9 ,0 6 6 S teel ........... 3 ,6 2 7,50 7
10,073 T in, b o x e s . 2 ,0 0 2 ,7 3 5 2 ,3 4 4 ,8 7 7
47,2 54 T in albs.,lbs 2 7 ,7 1 3 ,0 2 5 2 ,0 1 0,86 9
2 2 ,1 1 4 ,9 >5
58.5 47 P a p er S tock.
3 35 ,85 1
3 5 1 ,1 9 0
3 ,3 5 0,41 8 Sugar, hh ds,
6,3 9 5 tcs ., A bbls.
3 7 2 ,6 6 6
5 4 0 ,2 3 0
Sugar, b oxes
9,131 an d b a g s ... 7 ,6 9 4 ,7 8 9
3 5 ,0 68 T e a ............... 1 ,3 6 7,92 0 6 ,2 3 1 ,2 1 5
1 ,2 1 4,92 5
1,9 1 8 T o b a c c o . . . .
9 5 ,4 1 6
1 0 9 ,4 1 0
4 8 ,1 8 7 W ines, A o .—
3,647 C ham p’gn e
6,988
b a s k e t s ..
189 ,59 4
2 07 ,62 9
455 W in es..........
2 4 1 ,5 8 4
2 1 8 ,1 5 7
70,151 W ool, b a les.
158,683
1 1 2 ,5 7 0
1,583 R ep orted by
1 0,769 va lu e.
30,7 53 C ig a r s .......... 1 ,7 1 8 ,9 2 4
1 .7 6 1 ,4 8 7
86,837 F a n cy good s
872 ,59 4 1 ,0 3 ¿,768
14,4.61 F i s h ..............
8 4 0 ,6 7 4
8 4 9 ,4 7 0
1 7,5 24 F ru its, A o.—
2 ,674 L em on s ..
2 ,3 9 5 ,0 7 7 1 ,5 2 1 ,4 1 0
22.886 O ran ges ... 1 ,2 2 1,67 8 1 ,2 9 3,9 »4
3 6 3 ,5 6 7 N u t s ........... 1 .5 7 5,50 7
1 ,6 9 6 ,1 5 9
R a is in s ___ 2 ,1 1 4 ,5 9 8 3 ,2 2 6 ,7 1 7
3 ,1 5 9 H id es, un dr
_____
1 9 ,4 49 ,2 1 3 1 6 ,4 17 ,8 2 9
7 ,3 2 3 R i c e ..............
3 9 4 ,3 9 9 1 ,1 6 5,70 8
91,487 S pices, A c.—
1,648 C a s sia ___
221 .31 1
1 46 ,11 2
G in g e r . . ..
1 87 ,21 5
1 6 0 ,6 2 0
3 ,0 1 2 P e p p e r . . ., 1 ,3 4 2 ,3 7 7 1 ,0 6 6,82 2
1.4 3 9 S a lt p e tr e . . .
2 39 ,73 8
2 9 8 ,6 9 0
4 7 6 ,38 1 W o o d s 72*948 C o r k . . . . . . .
9 1 0 ,0 9 0
8 3 t,3 9 1
F u s t ic . . . . .
1 3 7 ,0 6 7
1 03 ,10 8
4 ,9 1 1 L o g w o o d ..
5 4 4 ,4 8 3
6 4 5 .0 0 0
9c'4 M a h o g a n y .
5 0 9 .4 7 2
4 8 1 ,9 4 2
B e e sw a x ...............................
" n,s
Breadstuff's—
............
F lo u r, w h e a t................................. b b ls
F lou r, r y e ................................ . . . . . b b l s
C o m m e a l.............................
bbls
W h e a t......................................... " . b u s h
R y e .................................................... bush
...................................................bush
B a r le y .............................................. bush
B o a s.................................................. bush
C o m .................................................. bush
C an dles......................
...p k g s
C oal............................ ....................... tons.
C otton ....................... ........- ............ bales.
D o m e s t i c s ............. .......................p k gs
H a y ............................ . J L -..........bales
J ________
ir aval
0p s; a
V ............................................ bales.
N
Stores—
C m d e tu r p e n tin e ......................... bbls.
Spirits tu rp e n tin e..........................bbls
R o s in ..................................................bbls.
B a r --.................................................. bbls.
B itch .................................................. bbls.
Oil c a k e ................................................. 0w t.
Oils—
W h a le.................................................gals.
S perm .................................................gals.
L a r d . . . .............................................. gals.
L in se e d ..............................................gals.
P e tro le u m ........... .......................
ca ls '
P rovisions—
B o r k ................................................... bbls.
B e e f.................................................... bbls.
B e e f .......................
tierces
C utm eats.............................................lbs
B u tte r....................................
ibs
C heese.....................................
ibs
L a rd .............................................
lb a
R ioe.......................................
¿ b is
T a llo w ............................................ . V .'.l b a
T o b a cco , l e a f .................................... hhds.
T o b a cco ..........................bales an d oases.
T o b a cco , m a n u fa ctu re d .....................lbs,
W h a l e b o n e . . . . . . . . ....................
ibs
R e c e ip ts o f L e a d in g
A r tic le s
2 9,7 77
22,022
4 ,2 7 3 ,5 4 6
2,4 0 9
123 ,70 6
3 1 ,7 3 6 ,7 6 6
2 15 ,98 2
7 0 8 ,1 3 0
90,2 53
2 5 1 .5 2 7
2 1 ,3 5 0 .9 9 0
4 6.7 98
7 5 .8 0 8
9 3 0 .0 2 5
2 1 0 ,8 6 9
9 5,0 82
1 6,9 77
4 ,5 9 3 ,7 8 0
3 ,9 8 8
7 5 4 ,1 8 1
1 6,1 7 7 ,8 8 0
4 9 9 ,6 2 7
6 ,0 6 0 ,0 2 8
3 ,3 1 7
2 0 6 .6 3 9
2 6 ,5 2 8 .6 8 1
5 8 ,7 3 1
7 9 ,2 9 4
7 4 6 ,8 7 9
1 8 0 ,5 9 4
7 9 ,7 9 2
5 6 ,3 5 6
167
9 ,9 3 4
1 69 ,26 9
8 ,3 3 5
4 ,5 3 3
2 ,7 3 9 ,9 4 8
172
1 3 ,6 9 0
1 6 3 ,1 2 5
8 ,8 5 8
6 .7 4 1
0 1 ,1 7 8 ,0 0 5
150 .02 5
1 16,501
7 07 ,37 1
5 3 ,4 35
3 8 3 ,0 3 1 ,8 6 3
9 2 ,2 8 2
1 5 8 ,5 1 5
6 6 1 ,3 3 2
4 3 ,8 1 9
3 6 3 ,7 0 5 ,5 7 3
1 7 8 ,3 2 0
5 1 ,8 2 6
4 0 ,2 7 3
2 7 4 ,3 2 8 .6 1 5
1 2 ,0 17 ,3 3 3
7 6 ,1 5 0 ,9 1 5
2 6 0 ,1 1 2 ,8 4 3
1 6,2 22
2 4,7 4 7 ,7 2 6
1 2 5 ,3 3 7
6 7,8 49
8 ,5 0 0 ,5 5 8
1 93 ,38 4
2 0 0 ,4 7 8
5 1 ,7 1 1
5 0 ,7 6 5
2 6 6 ,8 9 9 ,1 1 2
1 4 ,5 9 5 ,4 4 3
8 0 ,5 2 3 ,9 1 0
2 15 ,1 5 0 ,3 9 5
2 6 ,9 7 0
2 5 ,2 4 4 ,5 2 5
1 3 1 ,5 0 5
6 9,4 89
8 ,8 2 0 ,6 0 3
1 8 0 ,9 2 2
o f D o m e s tic P r o d u c e .
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the year endi° g with Tuesday last, Jan. 4 ; also the receipts for the year
1885 :
T ea r 1886.
£ s h e s ..................................................... bbls.
B eans
............................................bbls.
B readstuffs—
F lo u r, w h e a t............... ; ..................b bls.
C o m m e a l.............................
bbls
W h e a t...............................................bush.'
B y®.................................................... bush.
C o m .................................................. bush.
O a ts.........................
bush.
B a r le y .............................................. bush.
P e a s ...................................................bush.
C o tt o n .................................................bales.
C otton seed o i l . .................................. bbls.
F la x s e e d ....................................... . . . bags.
Grass s e e d ................................... "
bag s
H id e s...........................
N o.
JE des....................................................bales.
H e p * -.............................
bales.
L e a th e r................................................sides.
L e a d ....................................................... pigs.
M olasses..............................................hhds.
M olasses........... ...........
- ........b b ls'
N a va l S tores—
T u rp en tin e, c r u d e .........................bbls.
T urp entin e, sp irits........................ bbls.
R o s in ................................................b bls.
T a r . . ................................................. bbls.
B it c h ..................................................bbls,
Oil o a k e ....................................
pliers
OB, la r d ......................................7 .7 .'T) bis
O il, w h a le .......................................... galls,
P ea n u ts............. . .............................bags.
P rov ision s —
B o rk ..................................................pkgs.
B e e f .. . . . . . . . . . . . . . . . . . . . . . . . . . p k g s .
C u t m e a fs .... . . . . . . . . . . . . . . . . . ..p k g s.
B u t te r .. . . . . . . . . . . . . . . . . . . . . . . . .pk g s.
C h eese.. . . . . . . . . . . . . . . . . . . . . . p k gs
E g g s ..................................................bbls
L a r d . . . ................................. tea. A bbls
L a r d .........................
H o g s , d re sse d ___
R ice ______________
S p e l t e r . .................
S tearine....................
S u ga r.........................
S u ga r..........................
T a llo w ______ ______
T o b a c c o .. .................
T o b a c c o .....................
W h is k e y ............... .
W ool.............................
T ea r 1885.
2 ,1 4 4
115,013
3 ,0 1 3
0 9 ,4 3 6
5 ,6 3 5,65 1
3 4 8 ,3 8 4
4 1 ,4 8 1 ,2 8 6
2 37 ,43 9
3 2 ,7 4 5 ,0 8 3
2 0 .1 98 ,4 7 1
9 ,1 5 9 ,7 2 7
4 77,111
1 ,3 4 1,13 9
108 ,23 7
1 ,0 2 1,51 5
7 1 ,9 2 7
1 0 7 ,9 6 4
6 2 ,7 59
8 9 ,3 9 7
2 ,7 8 5 .1 3 4
3 2 9 ,0 2 3
6 ,0 3 1 ,7 1 8
3 0 5 ,3 0 9
2 4 ,2 0 8 ,2 4 5
6 8 6 ,1 8 2
3 9,0 7 4 ,2 2 4
2 6 ,2 1 0 ,2 0 8
8 ,7 3 0 ,0 9 0
3 0 4 ,5 3 0
1 ,2 6 0 ,6 3 8
7 3 ,2 9 7
8 7 4 .0 6 8
9 6 ,5 0 4
1 2 6 ,8 3 4
6 6 ,9 3 2
1 4 8 ,2 9 0
2 ,0 4 8 ,4 0 0
2 7 9 ,3 9 0
1 58
8 4 ,0 0 0
6,9 7 3
3 ,5 1 4
8 8 ,4 3 0
3 1 9 ,7 4 3
2 6 ,9 5 4
995
6 33 ,66 3
3 ,3 4 3
1 ,9 0 3
7 8,0 28
3 2 4 ,0 6 7
2 4 ,9 3 7
1,431
6 2 0 .0 6 9
6 ,5 0 2
11 Òi 4 6 4
134*858
1 36 ,34 9
3 9,6 97
9 3 0 ,1 3 4
1,0 6 7,02 5
1 ,9 8 0 ,7 6 0
1 ,1 5 2 ,3 5 4
5 7 2 ,4 9 6
3 0 8 ,7 9 1
7 9 ,4 5 2
95,5 09
9 0 ,8 4 6
14,4 46
3 ,5 6 1
1.8 9 3
8 5 ,3 0 6
146 ,00 5
124 ,27 4
2 04 ,13 1
1 79 ,61 7
1 83 ,05 3
4 3 ,8 1 5
9 8 0 ,0 6 4
1 ,7 3 2 ,1 0 3
¡¿,195,314
9 7 8 ,0 9 7
5 0 0 ,0 3 5
1 9 8 ,9 6 9
6 2 ,0 7 6
8 6 ,3 9 2
1 50 ,72 1
2 4 .7 45
3 ,6 8 2
1 2 ,4 6 0
6 6 ,9 6 0
1 39 ,91 8
1 4 2 .0 4 0
2 6 7 ,1 3 7
1 7 7 ,0 1 7
68
¡THE CHRONICLE,
(Vol, XLlVr
|Banlis, J&atifejers anÄ S ellers ©nt of Heur *%oxlt.
BANKS.
Geo . Bt u b g e s . Pres’t.
F. W , G o o k in , Asst. Casb.
North-Western N atl Bank,
^ 2 0 0 ,0 0 0 .
S u r p lu s ,
$ 5 0 ,0 0 0 *
This Bank bolds In addition *1.000,000 U S. 4 per
ten t Bonds at pai, pledged by its stockholders for
the protection o f Its customers. Said bonds are
pledged as above, Instead o f being held by the Bank
as a part o f its legal surplus, to avoid what we think
unjust and excessive local taxation.
-
-
-
-
-
-
-
$ 3 0 0 ,0 0 0
W . T. B l a c k w e l l , Pres’t.
A T L A N T A .
A N D
Humphreys Castleman,
B R O K E R S ,
P H IL A D E L P H IA .
Members o f the Philadelphia and New York 8took
Exchanges.
Cable Transfers, Bills o f Exchange and Letters o f
Credit.
Rea Bros. & C o.,
BROKER AND D E A L E R IN A L L KINDS OF
SECURITIES.
Bonds and Stocks bought or sold on commission
Georgia and Alabama Securities specially/lealt in.
Correspondents: Tobey & Kirk and A . Dutenhofer,
New York.
R eference : Atlanta National Bank, Atlanta, Ga.
and Fourth National Bank, New York.
W.
BANKERS AND BROKERS,
Bank o f Buffalo,
B U F F A L O , N. Y .
This bank has superior facilities for making collec
tions on all accessible poiDts In the United States,
Canada and (Europe. Liberal terms extended to ac
counts o f bankers and merchats.
C o r r e s p o n d e n t s .— New York, National Shoe A
Leather Bank; Union Bank o f London.
Narr & Gerlach,
N o. 4 3 7 C H E ST N U T S T R E E T ,
BUKHMAN S.J e w e tt , Pres. J o s ia h J e w e t t ,V.Pres.
W il l ia m C. Co r n w e l l , Cashier.
C A P IT A L ,
SOUTHERN.
B A N K E R S
C H IC A G O , IL L IN O IS .
C a p ita l,
P E N N S Y L V A N IA .
425 W o o d Street, Pittsburg, P a .
MEMBERS
New York and Philadelphia Stock Exchanges.
Pittsburg Petroleum, Stock and Metal Exchange.
Private wires to New York, Boston, Philadelphia,
Baltimore and Washington.
N .
Patterson,
A T L A N T A ,
T H O M A S B R A N C H & CO .,
P I T T S B U R G ,
BANKERS AND
P A .
C .,
Whitney & Stephenson,
FIRST-CLASS FACILITIES.
N e w Y o r k Correspondents.—The N' tional Park Bank
and Seventh Ward Natlot ■ Bank.
COMMISSION MERCHANTS
R IC H M O N D ,
ESTABLISHED 1871.
Fay Special Attention to Collections.
V IR G IN IA .
Circulars and Information on funding the debts o f
Virginia and North Carolina free o f cost; one-eighth
per cent charged fo r funding. Southern Railroad
and State and City Bouds bought and sold.
BAN KERS AND BROKERS,
N o.
57
F O U R T H
C. W . Branch & C o.,
A V E N U E .
H . Ga r d e s ,
B. P. H i l l ,
K. A . G i r a u d ,
President.
Yice-Pres’t.
Cashier.
Oldest Pittsburg members N. Y . Stock Exchange.
Commercial National Bank,
E. W . Clark & C o.,
H OUSTON, T E X A S .
BANKERS AND BROKERS,
C a p i t a l , ................................................. 8 2 0 0 , 0 0 0 N o . 3 5 S o u t h T h i r d S t . , P h i l a d e l p h i a .
Collections reoeive our special attention and are
Railroad, Municipal and other desirable Invest
promptly remitted for.
_________________________ _ ment
Securities fo r sale.
Transact a general banking business. Allow inter
J . G. Fletcher, < STATE BANK, )C . T. Walker,
est on deposits.
President. ( Incorporated 1875. )
Cashier.
Members o f the Philadelphia and New York Stock
Exchanges, and connected by private wire with New
York.
BANKERS AND BROKERS,
St a t e B a n k B u i l d i n g ,
R I C H M
O N D ,
L IT T L E
R O C K ,
A R K A N S A S .
-
-
-
-
B a lje s .
STOCKS and BONDS
A t Auction.
Wilson, Colston & C o., T he U n d ersign
ed h o ld R E G U L A R A U C T IO N
B A L T IM O R E .
$ 2 0 0 ,0 0 0
Prom pt attention given to all business in our line.
N. Y. Co r r e sp o n d e n t s .—Importers’ & Traders’
National Bunk and National Bank of the Republic.
B . E . jbuuruss ,
Pres’t.
A . K. W a l k e r , Cashier.
BAN KERS AND BROKERS,
(M em bers o f B altim ore S to ck E x ch a n g e ),
First National Bank,
W IL M IN G T O N ,
N .
B A L T IM O R E .
C.
(INVESTMENT and SOUTHERN SECURITIES a
Ollectlons made on ail parts o f the United States.
MERCHANTS’ NATIONAL
R IC H M O N D ,
Correspondence solicited and information fur
nished.
N. Y. Correspondents—McKim Brothers & Co.
BANE,
7
S O U T H
f^ X is jC je X I a t jje t ft x s .
S ta te s
71
W A L L
IN V E S T M E N T
!
C
L
E
V
E
L
A
N
BAN KERS,
D
,
O H I O .
52
W E Y B O S S E T
S T R E E T ,
P R O V ID E N C E , R . I.
Dealers in Commercial Paper, Government and
ether first-class Bonds and Securities and Foreign
Exchange.
Private Telegraph W ire to New York and Boston.
Swan & Barrett,
BANKERS
186
AND
BROKERS,
M id d le S tre e t,
P O R T L A N D ,
M A IN E .
Dealers In Government, State, County, City and Rail
road Bonds, Bank Stocks, Ac.
Desirable Investment Securities constantly on hand
Joseph G. Martin,
STOCK B R O K E R ,
AND D E A LE R IN INVESTMENT SECURITIES
N o. 10
S ta te S tre e t, B o s t o n .
CRENSHAW CO.,
R IC H M O N D , V A .
Standard Brands o f Flour fo r Shipment to W a rn
Climates always on hand.
ORIENT GUANO MANCFACT’G CO.,
fiDVPTAT.TT1K2'
O R IE N T , L , I .
Standard Superphosphates.
TOWN, COUNTY ANO CITY BONDS,
LA K E SUPERIOR IRON MINING STOCK8,
AND STREET RAILR O A D SECURITIES
SULPHUR MINES COMPANY
ESTABLISHED 1871.
O F V IR G IN IA .
High Grade Pyrites free from Arsenic.
W ilbour, Jackson & C o., P. F. Keleher & C o.,
N o.
Y O R K ,
M ER CH AN TS,
AGENCY Olf
Chas. H. Potter & C o.,
J o sh u a W il b o u r ,
Ch a r l e s h . Sh e l d o n , J r
B e n j a m in a . J a c k s o n , W il l ia m B in n e y , J r .
BANKERS ANDIBROKERS,
S T ., N E W
THE HAXALL
S T R E E T ,
R o n d s . _________
Crenshaw & Wisner,
Members o f the Cotton, Coffee and Produoe Bxoh’s
W ESTERN.
M u n ic ip a l, S ta te , R a ilr o a d
U n ite d
AND
CO M M ISSIO N
B O ST O N .
_________ a n d
NO. 1 2 P IN E S T R E E T , N E W Y O R K .
S T R E E T ,
TRANSACT A GEN ERAL DOMESTIC
FOREIGN BANKING BUSINESS.
HANKERS,
D e a le r s In
A D R I A N H . M U L L E R & SON,
BANKERS,
N o .
Brewster, Cobb
& Estabrook,
M EM BERS OF TH E NEW Y O R K A N D
B O STO N STO C K E X C H A N G E S .
' ALSO,
BONDS,
on
Robert Garrett & Sons,
B A L T IM O R E ,
C O N G R E SS
AND
W EDNESDAYS AND SATU RDAYS.
(E Q U I T A B L E B U I L D I N G .)
M EW ENGLAND.
85
S A L E S o f a ll cla sses o f
STO CK S
V IR G IN IA .
Collections made on all Southern points on best
t e r m s ; prompt returns.
JOHN P. B R A N C .. President.
J o h n F. G l e n n , Cash. F r e d . r . Scott , Vice-Pres’t
[N o .
V A .
Private wires connecting with Washington, Balti
more, Philadelphia and New York.
___
New York correspondents, Prince & W hltely.
German National Bank,
C a p ita l (P a id in ) -
G A .
State, City, Railroad and other Corporate Securi
ties o f Southern States wanted and fo r sale at all
times. Mortgage Loans on city and farm property,
two to ten years, paying six to eight per cent, fur*
nished. Prompt replies to correspondence, mall or
wire.
P. A . W il e y , Cashier.
The Bank o f Durham,
D U R H A M ,
H.
BOND AND STOCK BROKER,
AND DEALERS IN FOREIGN EXCHANGE,
805 OLIVE STREBT, ST. LOUIS,
D e a le r s In
W estern
S e c u r itie s .
Defaulted Bonds o f Missouri, Kansas and Illinois
a specialty. Good Investment Securities, paying
from four to eight per cent, fo r sale.
Lamprecht Bros. & Co.,
137
S U P E R IO R
S T A T IO N E R
K. C ole,
A N D
S T R E E T ,
Bliss, F a b y a n & C o .,
New York, Boston, Philadelphia,
SELLING AGENTS FOR LEAD ING BRANDS
B R O W N
N . W . Harris &
Co.,
C H IC A G O a u d B O S T O N .
DHIlinG o f Counties, Cities, Ac., o f high grade a
DUI NUo specialty, S e n d .f o r D e s c r lp t lv e X .t s t s . '
STREET,
(HANOVER28QUARE.)
CLEYELAND, OHIO.
Transact a general banking business, and D EAL
IN TOWN, COUNTY AND CITY BONDS. Lists
alnd prices furnished on application. Write us if yon
wish to buy or sell. R efer, by permission, to Society
for Savings, Savings & Trust Co. and National Banks
o f Cleveland, Ohio.
P R IN T E R .
Supplies Banks, Bankers, Stock Brokers and Corpo
rations with complete outfits o f Account Books ana
Stationery
‘ .
.. ,
p r New concerns organising will have their orders
promptly executed.
N o. 1 W IL L IA M
B A N K E R S,
N o.
ESTABLISHED 1855.
Eugene
Sc
R L E A C H E D
A N D
S H IR T IN G S
S H E E T IN G S ,
PRINTS, DENIMS, TICKS, DUCKS, *0.
Tow els,Q
u ilt s ,W h ite G o o d s
Sc H o s i e r y
D rills, Sheetings, Ac, fo r E xpor tira d e.
THE CHK0N1CLE
1887.J
J a n u a r y 8,
vi
©atmtfiau and 'gaxzißu gaulis and jankers.
C A N A D IA N .
F O R E IG N .
Bank o f Montreal.
C A P IT A L ,
-
-
-
S U R P L U S ,
-
-
-
$ 1 2 ,0 0 0 ,0 0 0
G o ld .
$ 6 ,0 0 0 ,0 0 0
G o ld .
-
0 . F . S M IT H E R 8 , P r e s id e n t.
W . J . B U C H A N A N , G en era l M an ager.
NEW
N os.
YORK
Sc
59
61
O F F IC E :
W A L L
S T R E E T ,
WALTER WATSON, >
A l e x ’r La n g ,
j
Buy and Sell Sterling Exchange, Francs and Cable
Transfer grant Commercial and Travelers’ Credits
available in any part o f the W orld; issue drafts on,
and make Collections in, Chicago and throughout the
Dominion o f Canada.
L o n d o n O ffic e , N o . 2 2
A b ch u re h L a n e.
Imperial Bank o f Canada
C A P IT A L
(p a id
S U R P L U S ,
-
u p ),
-
$ 1 ,5 0 0 ,0 0 0
.................................... $ 5 0 0 , 0 0 0
H. a H OW LAN D, P rest.
H E A D
-
D. R. W ILK IE , Cashier.
O F F IC E ,
Ifarm gÄovtßagcs.
T O R O N T O .
BRANCHES IN ONTARIO.
Essex Centre.
Niagara Falls. Toronto. '
Fergus.
Port Colborne. Toronto, Yonge St,
Gait.
Bt. Catharines. Welland.
Ingersoll.
St. Thomas.
W oodstock.
BRANCHES IN NORTHWEST.
Winnipeg,
Brandon.
Calgary.
U o ^ s nBiUTiett’sd&1è o s A « ents in New York :
^ q u l t '? B T n k , limltfd, ! BANK
MONTREAL,
Promptest attention paid to collections payable in
any part o f Canada.
Approved Canadian business paper discounted at
the Head Office on reasonable terms, and proceeds
remitted by draft on New York.
Dealers in American Cur’y and Sterling Exchange.
E Q U ITA B LE
Hong Kong & Shanghai M o r t g a g e C o m p a n y .
R A N K IN G
C O R P O R A T IO N .
^
Paid-up Capital................................................ $7,500,000
Reserve Fund.................................................. 4,300,000
Reserve for Equalization o f Dividends.. . .
500,000
Reserve Liability o f Proprietors................ 7,500,000
The Corporation grant Drafts, issue Letters o f
Creuit for use o f Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore,
Saisr-tn, Manila, Hong Kong, Foochow, Am oy,
N il.«'»-, Shanghai, Hankow, Yokohama, H logo, San
Fr&uctsvo ana London.
A . M . T O W N S E N D , A g e n t. 4 7 W illia m S t.
Blake, Boissevain & C o.,
LONDON,
18
28
BROTHERS
W a ll
S ta te
S treet,
S treet,
N ew
&
M ass,
A D O L P H B O IS S E V A IN & CO.
0
H o lla n d .
Heinemann & C o.,
62 Gresham House, E. C.f
M e r c h a n ts ’ Bank
OF
Capital, •
Resene,
$5,799,200 Paid Up.
■ • • • $1,500,000
President, AN D RE W A LLAN , Esq.
Yioe-President, ROBERT ANDERSON, Esq.
H E A D
LONDON.
CANADA.
O F F IC E ,
M O N T R E A L .
GEORGE HAGUE, General Manager.
W .N . ANDERSON, Assistant Gen’l Manager.
BAN KERS:
LONDON, ENG.—The Clydesdale Bank (Limited.)
NEW YORK—The Bank o f New York, N. B. A .
The New York Agency buys and sells Sterling Ex
change, Cable Transfers, issues credits available in
all parts o f the world ; makes collections in Canada
and elsewhere and issues drafts payable at any o f
the offices o f the bank in Canada. Every descrip
tion o f foreign banking business undertaken.
N e w Y o r k A g e n c y , N o . 61 W a ll S treet.
H EN RY HAGU E,
)
,
JOHN B. H A RR IS, J r ., (A gents.
S o li c i t acoounts and agencies o f Banks, Railways
Corporations, Firms and Individuals upon
favorable term s; also orders fo r the pur*
chase and sale o f Bonds, Shares, Ac., Ac. on
the Stock Exchange.
In te re a t allowed on Deposits, subject to 00-days
sight drafts, at Bank o f England rate, and
one-percent below that rate subject to
demand drafts.
N e g o tia te Railway. State and City Loans.
B
O F
Railway Share Trust Co.
a
n
B A N K
6 :
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts o f mort
gages, I n t e r e s t 6 p e r c e n t to
7 p e r ce n t, principal and inter
est absolutely guaranteed. Se
curities for guaranty held by the
American Loan A Trust Com
MINNEAPOLIS. pany, o f Boston, Mass.
Send fo r circulars to
Paid-Up Capital,
NEHER A C ARPEN TER,
$ 2 0 0 ,0 0 0 .
B an k ers, T roy , N. Y .
Authoriz'd Capital
< 2 , 0 0 0 . 0 0 0 . ' Eastern Managers fo r Company
Farm Mortgages
(n Sums of $100 and Upwards on In*
diana and Ohio Lands.
NOTHING SAFER. A L W A Y S PROM PTLY P A ID
SEND FOR PA M PH LE T.
20YEARS
FARM S
a n k e r s
.
P
W A L L
TO
C a p ita l
P a id
U p , £ 9 7 1 ,8 6 0
S te r lin e .
S T R E E T .
This Company undertakes the business o f Trustee
THE
Anglo-Californian Bank
(LIMITED).
Issues Loans on the London Market, acts as A gent for
Y O
A u th o r iz e d
P a id -u p
C a p ita l, -
C a p ita l,
R eserve F u n d ,
-
-
■ $ 6 , 0 0 0 ,0 0 0
-
-
-
1 ,5 0 0 ,0 0 0
-
4 0 0 ,0 0 0
Transact a general hanking 'business. Issue Comniercial credits and Bills o f Exchange, available in all
world.
and U1UCIB
orders for D
Bonds,
8tA«i. ° f the
I
" v* , Collections
wiiovwuuoouu
UI1UH,
oiocks, etc., executed upon the most favorable terms.
FRJB.D’K F. LOW,
, , „
. IGN a TZ 8TEIN HAKT, * Managers.
I . N -LiLlEN THAL^Oashler
bm-tfi
.
S e n d to HODGES A KNOX, TOPEKA, KANSAS,
l o r Free Pamphlet containing the com plied L a m
K a n s a s relating to Real Estate Mortgages.
tt
Qxnst ©xrmiratfies.
Railways and other Corporations, either in the mat
ter o f payments o f Interest on Loans, Dividends on
or Registration o f Stooks in London, or otherwise.
Bank of Australasia,
_____ (Incorporated by Royal Charter, 1835.)
4 T n r e a d n e e d le
Head Office, 3 Angel Court.
N C I S C O Office, 422 California St.
R K Agents, J . & W. Seligm an & Co.
C o rre sp o n d s, Massachusetts N. Bk,
LO N D O N ,
BO STO N
il l
to Loans o f approved Railways, negotiates and
Cable Address—P a YY, L o n d o n .
F O R E IG N .
F R A
,
HOLDERS OFKANSAS REALESTATS
MORTGAGES:
United States Trust Co.
O F N E W YO R K .
N o. 4 0
N E W
e o r ia
Important Notice.
Buy and sell Sterling Exchange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia and San Francisco.
C I R C U L A R N O T E S issued In Pounds Sterling
available in all parts o f the world. C O M M E R
C I A L C R E D I T S IS S U E D for use in Europe,
China, Japan, East and W est Indies and the Brazils,
River Plate, Ac.
Bills collected and other banking business trans
acted.
D. A . M cTAYISH , ) . „ , „
H. STIKEMAN,
{ AKents-
SAN
EXPERIENCE
(N
iLENDING
rwmwri M
otor
MONEY
ON ILLINOIS
N O LOSSES. B end ro n Li s t .
C. E. & C. M. ANTHONY,
B
or
52
8 %
NORTH*
WESTERN
GUARANTY
LOAN C0„
B U I L D I N G S
LONDON, ENGLAND.
B ritish N o rth A m erica ,
N o.
AND
T h e A m e r ic a n In v e s t m e n t C o m p a n y , o f Emmetsburg, Iowa, with a paid-up capital o f $ 6 0 0 , 0 0 0 , s u r p lu s $ 7 5 , 0 0 0 , offers first Mortgage
Loans drawing s e v e n per cent, both P r in c ip a l and
In t e r e s t i n l l y G u a r a n te e d . Also 0 per cent 10year Debenture Bonds,secured by 105 per cent o f first
Mortgage loans held in trust by the M e r c a n t ile
T r u s t C o ., N. Y . Five per cent certificates o f
deposit for periods under one year. Write fo r fall
information and references to the company at 1 5 0
N a ssn n S t., N. V .
A . L . OK M SB Y,
Vice-President and General Manager,
T H E
k
SOU N D
„ ,
LAW RENCE, KAN.
F. M .P e r k in s , P rest.
L . H. P ushkins, see.
P a id Up C a p it a l,
6 2 5 0 ,0 0 0
The choicest First Mortgage Farm Loans, also the
Company’s Ten Year Debentures, based upon its
paid up capital and assets o f over $050,000. No losses.
Eleven years’ experience, with absolute satisfaction
to over 1,500 Investors. Send for circulars, form s and
full Information, Branch offices in N. Y. City and
Albany. New York Office 137 Broadway,
C. C. HINE A SON, Agents.
*■■■
(LIM ITE D ).
4
THROUGH THE
R E L IA B L E
JO S. A . M O O R E ,
8 4 E a s t M s r k e t f i t .. I n d t a n a o o I i s ,l n d
T H E
N o .
A G E N C Y
O F F I C E .S
REFERENCES.
New York, 208 Broadway. First Nat. B k , New York.
Boston, 23 Court St.
Boston Nat. Bk., Boston.
Philadelphia,112 S.4th St <th Nat. Bk. Philadelphia
Kansas City, 7thA Del.Sts Am. Nat. Bk.,Kansas Oityji
F o r r a t e s o f in t e r e s t a n d f u l l i n f o r m a t io n
se n d f o r p a m p h le t .
CO.,
AND
A m sterd a m ,
AND
WESTERN FARM MORTGAGE CO.,
Y o r k ,
B o s to n ,
$ 6 0 0 ,0 0 0 .'
GUARANTEED FARM MORTGAGES.
IN V E S T
„
ENGLAND.
N e g o t ia t e Railway, State a^d City loans.
E x e c u t e orders fo r Bonds, Shares, eto., on Com
mission, and transact a general Banking and
Commission Business.
S p e c ia l a t t e n t io n given to the execution o f
orders for Securities, on the New York, Lon
don and Amsterdam Exchanges in correspond
enoe with
BLAKE
C A P IT A L
D E B E N T U R E S
S t ., L o n d o n , E n g l a n d
Paid-up Capital, - - - - - - jei.ecO'TOOO
Reserve Fund, - - - - - - £790,000
Letters o f Credit and Drafts issued on any o f the
numerous branches o f the Bank throughout Aus
tralia and New Zealand.
Bills negotiated or sent fo r collection.
Telegraphic transfers made.
Deposits received in London at interest for fixed
eriods, or for transfer to the colonies on terms
which may be ascertained on application.
P R ID E AU X SELBY. Secretary.
Ste w a r t B r o w n ’ s S ons ,
STOCK
BROKERS,
64 B ro a d w a y A 1 9
N ew
S t ., N e w Y o r k
W A L L
C a p it a l a n d S u r p lu s ,
S T R E E T .
-
-
* $ 6 ,0 0 0 ,0 0 0
This company is a legal depository fo r moneys paid
into court, and is authorized to act as guardian oi
trustee.
_
INTEREST ALLOW ED ON DEPOSITS, •
which may be made at any time, and withdrawn aftei
five days’ notice, and will be entitled to Interest foi
the whole time they may remain with the company.
Executors, administrators, or trustees o f estates
and females unaccustomed to the transaction o f busi
ness, as well as religious and benevolent institutions
will find this company a convenient depository foi
money.
JOHN A . 8TEW A RT , President.
a
W IL L IA M H . M ACY, VicerPresident
JAMES S. CLARK, Second Vice-Pres*
TRUSTEES:
Dan. H . Arnold, D. Willis James, Robt.B. Minturn,
Thos. Slocomb, John J. A sto r,. Geo. H . Warren,
Charies E. Bill, John A. Stewart, George Bliss,
Wilson G. Hunt, S.M.Bncki’gham, William Llbbey,
Wm. H. Macy,
H, E. Lawrence, John C. Brown,
Clinton Gilbert, Isaac N. Phelps, Edward Cooper,
Daniel D. Lord, Erastus Corning, W.Bay’rdCutting
Samuel Sloan,
S. B. Chittenden, Chas. S. Smith,
James Low,
John H.Rhoades, W m.Rockefeller,
Wm. W. Phelps... Anson P. Stokes, Alex. E. Orr.
H ENRYL. THORNELL, Secretary.
LOUIS G. H AMPTON, Assistant Secretary.
TH E
I vili
gurust (tiompunizs.
{you
C H R O N IC L E
Q xxc& ì
© u m
ìm
u ie s .
^ t m
x L iv ,
it a t x c e .
American Loan & Trust Co, The Union Trust C o.,
113 B R O A D W A Y , NEW Y O R K .
C a p it a l, F u l l y P a i d ......................... 8 1 , 0 0 0 , 0 0 0
THIS COMPANY TRAN SACTS A GEN ERAL
1.0AN , TRUST AND FIN AN CIAL BUSINESS.
R eceives Money on Deposit subject to check, and
allows Interest on balance^.
A ll Checks pass through the Clearing-house.
M AKES INVESTMENTS OF MONEY.
ACTS AS EXECUTOR. ADM INISTRATOR,
GU ARDIAN , TR U STE K, ETC.
ALSO, AS REG ISTRAR AND TRAN SFER AGENT.
t3 T A n Authorized Depository fo r Court and
C .unty Treasurers’ Fund.
ROW LAN D N. H A Z A R D . President.
GEORGE 8. H A R T , Vice-President.
W IL L IA M D. I-NOW. Secretary.
JAMES 8. TH UliSTON, Treasurer.
DIRECTORS :
George H. P otts ,
W a l l a c e C. A n d r e w s ,
J o h n L. Ma c a u l a y ,
Ir a d a v e n p o r t ,
JAMES M. VARNÜM,
WILLIAM D. SNOW.I
J o h n I. B l a i r ,
J ohn D. K im m e y ,
E d w a r d f . Br o w n in g , F rewehic A. P o tts ,
R o w l a n d N. H a z a r d , J ohn R oss ,
G e o r g e 8. h a r t ,
A l e x a n d e r G. B l a c k ,
W m . B. D in sm okk ,
f r a n k C. HOLLINS,
E l ia s L e w is , JR.,
T h o m a s L. W atso n ,
J u i .es A l d ig é ,
E l ia s c . B en e d ic t ,
Ste v e n so n b u r k e ,
w i l l i a m p . A n d e r so n .
Union Trust Company
O F
N E W
Y O R K ,
78 Broadway, cor. Rector St., N. T.
C A P IT A L . s u r p l u s
’, •
-
-
-
-
-
-
8 1 ,0 0 0 ,0 0 0
-
-
-
-
-
-
$ 2 ,0 0 0 ,0 0 0
“ Authorized to act as Executor, Administrator
Guardian, Receiver, or Trustee, and is
A LE G A L DEPOSITORY FOR MONEY
Aocepts the transfer agenoy and registry o f stocks,
and acts as Trustee o f mortgages o f corporations.
Allows Interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
interest for the whole time they remain with the
oompany.
For the convenience o f depositors this oompany
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
upon the resulting dally balances. Such checks pass
through the Clearing House.
TRUSTEES:
Wm. Whitewrlght,
James M. McLean,
Henry A . Kent.
Ambrose C. Kingsiand,
R . T. w llson,
James H. OBilvie,
W m . F. Russell,
S. T. Fairchild.
C. D. W ood,
I. H . Frothingham,
James N. Piatt,
George A . Jarvis,
D. C. Hays,
C. Vanderbilt,
James Forsyth,
A . A . Low,
George Cabot w ard,
G. G. Williams,
Edward King,
K. G. Remsen,
B. B. Wesley,
J. B. Johnston,
D. H . McAiptn,
Edwa
chell,
Georve B Carhart,
Amasa .i. Parker,
Henry Stokes,
Samuel F. Barger,
Robert Lenox Kennedy, Geo. C. Magoun.
EXECUTIVE COMMITTEE:
Wm. W hltewright,
G. G. Williams,
James M. M cLean,.
E. B. W esley,
J .B . Johnston,
C. D . W ood,
D .C .H ay s,
A . C. Kingsiand.
ED W AR D KING, President,
JAMES M. McLEAN, First Vtce-Pres’t.
j AMES H .0G1LV1E, Second V ice-Prts’t.
A . O. RON A LD 80N . Secretary.
Mercantile Trust & Deposit
COMPANY, OF
B A L T IM O R E .
C a p it a l,
-■■■*•A u t h o r i z e d C a p i t a :,
DIRECTORS:
Louis Mt-Lane, John E. Hurst,
Stewart hrown,
Robert Lehr,
W . A. Tucker,
W . H . Blackford,
Jas. Carey Coal e, B. A. Jenkins,
Oliver A. Parker, 'Bernard Cairn,
W. 11. Whit ridge, J.W iIlcox Brown,
J. A . Hambleton, A lex. Frank,
Thos. Deford.
IJohn Gill.
Metropolitan Trust C o.,
M ill. B u ild in g, 3 5 W all S t., N ew Y o r k
P A I D U P C A P I T A L , $ 1 ,0 0 0 ,0 0 0 .
Designated as a legal Depository by order o f Su
preme Court. Receive deposits a money on interest,
act as Usual or transfer agent, or trustee for corpora
tions, and accept and execute any legal trusts from
persons or corporations on as favorable terms aa
other similar companies.
THOMAS H1LI.HOU8E, President.
FRKDBRIC D. T A PPEN , Vice-Pe««lde*2.
W A L T E R J. BKITTI a , Secretary.
P H IL A D E L P H IA .
Authorized Capital..........................................$1,000,000
Paid-np Capital.................................... ........... 500.000
A cts as Executor, Administrator, Assignee, etc.
and executes trusts o f every description known to
the law.
All trust assets kept separate from tho»e o f the
Company.
Burglar-Proof Safes to rent at $5 to $60 per annum.
Wills kept in vaults without charge.
Bonds, Stocks and other valuables taken under
guarantee.
Paintings, Statuary, Bronzes, etc., kept in FireProof Vaults.
Money received on deposit at Interest.
JAS. LONG, Pres’t. JOHN G. READING, V.-Pres’t.
M AHLON S. STO K KH, Treasurer & Secretary.
D. R. PATTERSON. Trust Officer.
Dir e c t o r s .—James Long, Alfred S. Glllett, Joseph
Wright, Dr. Charles P. Turner, William S. Price,
John T. Monroe. W . J. Nead, Thomas R. Patton.John
,TGReading, W m. H. Lucas, D. Haves Agnew, M. D.
Jos. 1. Keefe, Robert Patterson, Theodor C. Engel,
Jacob Nayler, Thos. G. H ood, Edward L. Perkins,
William Watson, P h il a d e l p h ia ; Samuel Kiddle.
Glen r id d l e . Pa.; Dr. George w . Reily, H a r r i s
b u r g , Pa.; J. Simpson Africa, H u n t in g d o n ; Henry
S. Eckert, R e a d in g ; Edmund S. Doty, Mif f l in TOWN; W. W . H. Davis, D o y l e st o w n ; R . K. Monashan, W est Chkstoii .
The Brooklyn Trust Co.,
Cor. o f Montague and Clinton Sts.,Brooklyn, N.Y.
This company is authorized by special charter to
act as receiver, trustee, guardian, executor or admin
istrator.
It can act as agent in the sale or management o f
real estate, collect Interest or dividends, receive re
gistry and transfer books, or make purchase and sale
o f Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction o f business, will
find this Company a safe and convenient depository
for money. RIPLEY ROPES, President.
EDMUND W .CORLISS, Vice-Pres’t.
TRUSTEES:
Josiah O. Low,
E. F. Kuowlton, I l ’y K. Sheldon,
Alex. M. White, John T. Martin, C. D. Wood,
A. A. Low,
Fred. Cromwell, Wm. H. Male,
Alex. Mci'ue,
John P. R olfe,
Ripley Ropes,
Mlcb’l Chauncey. E. W .Corlies.
Abram B. Kaylis,
Wm. B, Kendall. H. E. Pierrepont, II. W . Maxwell,
J a m e s R oss Cu r r a n . Secretary.
F r e d e r ic k C. Colton , Asst. Sec’y.
ffijnaxuciaX Campante*.
F ID E L IT Y
&
C A S U A L T Y CD.
Nos. 214 A 216 B RO AD W A Y , NEW YORK
Cash Capital, $250,000, Invested in U. S. G ov’t Bonds.
$200,000 deposited with the N. Y. Ins. Dep’t, for
the protection o f Policy-holders.
Assets, January 1st, 1&B0, $590,500 42.
Officials o f Banks, Railroads and Express Comps
ales, Managers,Secretaries,and Clerks o f Publio Com
punies, Institutions and Commercial Arms, can obtain
B O N D S
O P
S U R E T Y S H IP
from this Company at moderate charges.
The bonds o f this Company are aceepted by the
courts o f the various States
C A S U A L T Y
D K P A R T R IE N T .
Policies Issued against accidents causing death oi
totally disabling injuries.
Full Information as t.r> ri-taii«. rares, Ac., can be
«•
n*vp, or o f Company's Agents.
W m . M. R ic h a r d s , Prest. J ohn M. C <a n k , Sec’y
ROB’T J. HlLLAS. A s s t Secretary.
DIRECTORS:
G. G. Williams, David Dows,
W . G. Low,
J.S.T. Stranahan, A . S. Barnes,
Ch irles Dennis,
A. B. Hull,
H . A. Hurlbut,
A ex. Mitchell,
J. L . Riker,
J. D. Vermiive, 8. rt. Chittenden.
Geo. S. Coe.
W m. d. Richards.
L S o iia » o i ¡» u r e i ^ s i i i p .
8 5 0 0 ,0 0 0
$ 2 . 0 0 0 .0 0 0
Authorized to act as E xer-tor, Administrator,
Guardian, Receiver, or Trustee, an j is
A LE G A L DEPOSITORY FOR MONEY.
Accepts the transfer agency *nd registry o f stocks
and acts as Trustee of mortgages or corporations.
Takes charge of property, collects and remits in
terest and Income promptly, and discharges faith
fully the duties o f every trust known to the law.
Money received on deposit. All 't rust Assets kept
separate from those o f the Company.
Burglar-proof Safes and Boxes (having chrome
steel doors) to rent at $10 tofibO per annum in tl eir
new and elegant chrome steel FI RE AND BUUuLA R-PROO F V AU LTS, protected by improved
Time Locks.
„ .
, .
'
Wills kept in vaults without charge. Bonds and
Stocks, Plate and all Valuables securely kept under
guarantee at moderate charges. Paintings, Stutuary, Bronzes, etc., kept in flre-proof vaults.
JOHN G ILL, M . W . SPENCE,
L. C. FISCHER
President.
Vice-Pres’t.
Treas. & Sec.
W . W . Spence,
Christian Ilevries
C.Mort’n Stewai t
Robert Garrett,
Chas. D. Fisher,
Geo. P . Thomas,
O. H. Williams,
Andrew Reid,
611 AND 618 CHESTNUT STREET,
NO
OTH ER
B U S IN E S S .
The Guarantee Co.
OF NORTH
O F F IC E O F T H E
A T L A N T I C
Mutual Insurance C o.,
N E W Y O R K , J a n u a ry 2 3 ,1 8 8 6 .
T he T ru ste e s, in co n fo rm ity t o th e C h a rter o f
the C om p a n y , su b m it t h e fo llo w in g S ta tem en t
o f its affairs on th e 3 1 st D e ce m b e r, 188 5 :
Prem ium s o n M arine R isk s fro m
1st J a n u a ry , 188 5 , t o 3 1 s t
$ 3 ,8 5 6 ,8 1 8 66
D e ce m b e r, 1 8 8 5 ................... .
Prem ium s on P o licies n o t m ark ed
off 1 st Ja n u a ry , 1 8 8 5 . . . . . . . . . . 1 ,3 3 9 ,5 2 5 I d
T o ta l M arine P re m iu m s........$ 5 ,1 9 6 ,1 4 8 7 6
P rem ium s m ark ed o ff fro m 1 st
J an u a ry , 1 8 8 5 , to 3 1 s t D ecem
b e r, 1 8 8 5 .........................................$ 3 ,7 7 0 ,0 9 4 3 0
Losses p a id d u rin g
p e r io d ............
th e sam e
....... .
$ 1 ,9 1 5 ,0 2 0 6 7
R eturns o f P rem iu m s and E x
p en ses_____ . . . . . . . . . . . __ ______
$ 7 7 6 ,7 1 2 4 2
T h e C om p a n y has th e fo llo w in g A ssets, via.:
U nited S tates a n d S tate o f N ew
Y o r k S tock, C ity, B an k and
o th e r S t o c k s . . . . . . . . . . . . . . . . . . . . $ 9,0 3 4 ,6 8 5 0 9
Loans secu red b y S tocks an d
o th e rw ise______ _. . . . . . . . . . . . . . 1 ,4 3 8 ,6 0
Real E sta te and C laim s d u e th e
C om p a n y, estim ated a t . . . . . . . .
5 3 0 ,0 0 0 0 0
Prem ium N otes a n d B ills R e
ce iv a b le ............. .. ...............
1 ,5 0 8 ,1 4 3 58
ash in B a n k . . . . . . . . . . . . . . . . . . . . .
2 2 8 ,8 9 7 88
A m o u n t ... . . . . . . . . . . . . . . . . . . . $ 1 2 , 7 4 0 , 3 2 6 4 6
S IX P E R C EN T IN T E R E S T o n th e o u tsta n d
ing certifica tes o f p rofits w ill b e p a id t o th e
holders th ereof, or th eir le g a l rep resen ta tiv es,
on and a fte r T u esd a y, th e 2 d o f F eb ru a ry n e x t.
T H E O U T S T A N D IN G C E R T IF IC A T E S o f
the issue o f 1881 w ill b e re d e e m e d a n d p a id t o
the h old ers th e re o f, o r th e ir lega l rep resen ta
tives, on and a fte r T u e sd a y , the 2 d o f F e b ru a ry
n e x t, from w h iob d a te all in terest th e re o n w ill
cease. T h e ce rtifica te s to b e p ro d u ce d a t th e
tim e o f p a y m e n t an d ca n celed .
A D IV ID E N D O F F O R T Y P E R C E N T Is
d ecla red on t b e n e t ea rn ed prem ium s o f th e
C om p any, fo r the y e a r e n d in g 3 1 st D eoem ber,
1885, fo r w h ich ce rtifica te s w ill b e issued o n
and a fte r T u esd a y, th e 4 th o f M a y n e x t.
B y o rd e r o f th e B oard ,
J . H . C H A P M A N ,
S ecreta ry .
AM ERICA.
Cash Capita).........................................................$300,001
Assets and R esou rces.............................
830.0CX
Deposit with Insurance Department — ....... 240,000
President :
Vice- President :
BIBALEX. T. GALT,
HON. JAS. FERRIER.
Managing Director : Ed w a r d R a w l in g s .
NEW YORK OFFICE:
N O .
I l l
B R O A D W A Y ,
D. J . TOMPKINS, Secretary.
Ne w Y o r k d ir e c t o r s —Joseph W. Drexel, A . L.
Hopkins, H. Victor NewcomD, John Paton, Daniel
Torrance. Edw. F, W inslow, Erastns Wlman, F. P.
Oicottand J. K. Pulsford.
S w s t ir a n c je .
U N IO N M U T U A L
Life Insurance Company
PORTLAND, MAINE.
JO H N
E .
D P
W IT T ,
P r e s id e n t.
ORGANIZED 1&9.
W rite to the Company or Its Agents fo r circulars
explaining
T b e M a in e N o n -F o r fe it u r e L a w .
LOSSES
P A ID
PROM PTLY AND W ITHOUT
DISCOUNT.
The Company is strong, reliable and popular; and
ssues a variety o f policies suited to the different
circumstances c ^usurers
T R U S T E E S : ’ !
J. D. J on es,
Charles D en nis,
W H . H . M oore,
Jam es L o w ,
A. A. R a v e n ,
Wm. Sturgis,
B enjam in H . F ield ,
Josiah O. L o w ,
Thom as B C oddington,
W illiam D e g ro o t,
H orace G ray ,
W illiam E. D odge,
W illiam H. M a cy ,
C. A . H and ,
John D . H ew lett,
W illiam H . W ebb,
C harles P . B u rd ett,
E dm und W. Coriies,
^
A d o lp h L e m o y n e ,'
R o b e r t B . M inturn,
C harles H . M arshall,
F re d e rick H . C ossitt,
W illiam B ry ce ,
J o h n E llio tt,
J am es G. D e F orest,
C harles D L everieh ,
J oh n L . R ik er,
N. D e n to n Sm ith,
G e o rg e B liss,
H en ry E . H a w le y ,
W illiam D . M o rg a o ,
Isa a c B ell,
E d w a rd F loyd -J on es,
A n son W. H a rd ,
T h om a s M aitland.
JO H N D . JO N E S, P resident.
¿C H A R L E S D E N N IS, V ice-P residen t.
^W. H . B
A. A . K A V
2 d V ioe-P res’ t.
V ice-P resid en t
T H E C H R O N IC LE .
J a n u a r y 8, 18 7
fftoMicaticrtis.
jtt B tw a t t jC je .
T H E
C IT Y
O F
N E W
Financial Review.
Y O R K .
261, 262 & 263 Broadway, New York.
(ANNUAL.)
G. H . BCRFORD, President,
1887.
0. P. Fb a l k ig h , Seo’y. A . W h e e l w r ig h t , Ass*t See.
W m . T. St a n d x n , Actuary.
All the profits belong to the Policy-holders exclu
sively.
A ll Policies issued by this Company are in d is p u t
a b l e after three years.
A ll Death Claims paid w it h o u t d isc ou n t as soon
as satisfactory proofs have been received.
This Company issues all forms o f Insurance, in
cluding Tontine and Limited (Non-Forfeiting) Ton
tine.
One month’s grace allowed in the payment o f
Premiums on Tontine Policies, and ten days’ grace
on all others, the Insurance remaining in full force
during the grace.
Absolute security, combined with the largest liber
ality, assures the popularity and success o f this com
pany.
GOOD AGENTS, desiring to represent the Com
pany' a -e invited to address J. 8. GAFFNEY, Super
in ten lent o f Agencies, at Home Offloe.
A
FOR
Bankers,
Stock B rokers,
Merchants,
Investors.
R etrosp ect
M e r c a n tile
B a n k in g
P o lic ie s
A b s o lu t e ly
N o n -F o r fe ita b le
A fte r S econ d Y e a r.
I n case of lapse the Policy is continued in
force as long as its value will pay for : or, if pre
G o ld
a n d
H o n e y
a n d
F o r e ig n
S O C IE T Y ,
U n ite d
S ta te
GRATZ
P u r e J u te B a g g in g .
Brmckerhoff, Turner
& C o.,
S la te s D e b t a n d
And all kinds of
D eb ts a n d
S e c u r itie s —
B n s n e
street.
W ORKS,
B R O O K L Y N , N, Y ,
JOSEPH Cl LLOTTS
STEEL PENS
GOLD MEDAL PARIS EXPOSITION-1878,
T H E MOST PERFECT OF PENS
©ottoni.
J*)HN L . B u l l a r d .
P r ic e o f th e R e v i e w , b o u n d In c lo t h , - , 2 0 0
T o C h r o n ic le S u b s c r ib e r s , - - - - - i 5 0
W IL L IA M
B . D A N A & CO .,
P U B LISH ERS,
79
&
81
H k n k y H. W h ee ler .
Bullard & Wheeler,
CCTT0N COMMISSION MERCHANTS
NEW YORK.
ALSO
B A G G IN G
A N D
IR O N
T IE S ,
(FOR BALIN G COTTON).
Advances made on Cotton Consignments and Special,
c o i&
c ls
ofU
t&
T
and 8ale o f FU™ * a
W illia m
street,
N ew
Y o r k .
Dennis Perkins & C o.,
COTTON B R O K E R S ,
125
P e a r l S treet,
N ew
Y o r k .
Orders fo r Spot Cotton and Futures prom ptlyexecuted.
W alter
COTTON
63 B E A V E R
&
F atman,
BROKERS,
S T R E E T , N E W
Y O R K .
C H A R L E S B. T A U T E R ,
COTTON MERCHANT,
C O T TO N
Chronicle Volumes
E X C H A N G E
B U IL D IN G .
F. Hoffmann,
1 8 7 0 .
Any office possessing these volumes since 1870 has
at hand for convenient reference a complete and re
liable financial history o f the period. Parties having
the more recent volumes can obtain from the pub
Ushers most o f the earlier volumes, or complete sets
can be furnished.
COTTON BROKER AND AGENT,
38
W IL L IA M
B .
D A N A
A
D E
L A
COTTON
C O .,
7 9 A 81 W IL L IA M S T R E E T ,N E W Y O R K
R U E
B O U R S E ,
H A V R E ,
Geo. Copeland & C o.,
CO .
A full supply, all Widths and Colors, always in stoc>
N o. 109
STEEL,
t h e ir S e c u r it ie s —
S IN C E
OOTTOft CANVAS, FELTING DUCK, CAI
COVERING, BAGGING, KAVKN8 DUCK,SAIL
TWIN hit), a c ., ’‘ONTARIO” SEAMLESS
HAGS, "AW N IN G STRIPES.
Also, Agents ,
B U N T IN G
CHROM E
C irculars F ree.
SPEC IAL ATTENTION TO COTTON FUTURES
C O T I O N SAILDU CK
S T A T E S
WELDED CHROME STEEL AND IRON
S e c u r itie s —
Manufacturers and Dealers In
U N lT t t W
B E B IA N , A g en t,
In Round and Fiat Bars, and 5 ply Plates and Angles
F O R S A F E S , V A U L T S , &o.
Cannot be Sawed, Cut or Drilled, and practioally
Burglar-Proof.
s p e c u la tio n —
R a ilroa d S tatistics o f th e U nited States
R ailroa d E arnings.
Prices o f R ailroa d B on d s, 1 8 8 2 -1 8 8 6 .
T h e N ew Y o r k Stook M arket, 1 8 8 1 -1 8 8 6 .
S tock Q uotations N. Y . E x ch ., 1 982-1886.
“
B o sto n E x ch ., 1896.
“
P h ila . E x c h ., 1886.
“
B a lt. E x ch ., 1886.
H o .
T IE S.
D E
SECURE BANK VAULTS.
E x c h a n g e -
S tate D eb ts and Im m u n ity fro m P ro se cu tio n .
P rices o f State Securities. 1 8 6 0 -1 8 8 6 .
BAGGING.
C O TTO N
P a r le .
PdtSCCllUttCCWS.
D eb t o f the U nited States, 1 791-1886.
P rices o f U. S. B on d s, 1 8 6 0 -1 8 8 6 .
3JI is cellau co us.
IRO N
to
N o. 3 B o w lin g -G r e e n .
S ilv e r -
R a ilr o a d s a n d
op
H a v re
m a rk et—
C om pou nd In te re st T a b le, S h ow in g A c c u
m u lations o f M on ey in a Series o f Y earo.
T a b le S h ow in g th e R a te P e r Cent R ealized
on Securities P u rch a sed at different p rices
(w ith ou t reg ard to d a te o f m atu rity .)
S tock S peculation in N ew Y o rk .
Paid Policy-Holders since Organization 88,211,175 86
I ncome m Imh6............................................. 16.590.05331
IMPORTERS
fr o m
F in a n c ia l—
I n v e s tm e n tii a n d
P re s id e n t.
SURPLUS.....................
$13,862,239 13
( S u r p l u s o n N . Y . S t a n d a r d 4*2 p e r c e n t
I n t e r e s t , $ 1 7 ,4 9 5 ,3 2 9 ,4 0 .)
.. Surplus inter Labilities, on every standard of valua
lion laryer than that o f any other Life Assurance (Joinpany.
® w A 88 URANC* in 1885................... $96,011,378 00
M a n u fa c t u r e r s o f
H A V R E .
M arket an d P rice s in N ew Y o r k , 1871 -1 88 6 .
ASSETS, J a n u a r y 1st, 1886............... $66,553,387 50
LIABILITIES, 4 per cent Valuation .. 52,691,148 37
L O U IS ,
T r a in
L O U IS
P rod u ction , C onsum ption, E x p o r ts a n d Im
p o rts o f G old an d S ilver in th e U nited
S tates and a broad .
120 B R O A D W A Y , N EW Y O R K .
S T .
a n d
The Compagnle Generale Transatlantlque delivers
at its office in New York special train tickets from
Havre to Paris. Baggage oheoked through to Paris
without examination at Havre, provided passenger«
have the same delivered at the Company’s dock in
New York, Pier 42 North River, fo o t o f Morton St.,
ftt least two hours before the departure o f a steamer*
In flu en ces, a n d P rice s o f Call L oa n s and
C om m ercia l P a p e r sin ce 1879.
E Q U IT A B L E
W A R R E N , JO N E S &
Y O R K
1 8 8 6 .
C o m m e r c ia l-
T h e
Cash loans are made to the exte: of 50 per cent
of the reserve value, where valid assig meats of the
Policies can be made as collateral secur. y.
L osses paid immediately upon completion and ap
proval of proofs.
OUTSTANDING ASSURANCE................ 357,338,246 CO
Total paid Policy-Holders in 1885 ....... 7,138,6*9 50
o f
U n ited States—F o re ig n C om m erce, T rad e
B a la n ce, U. S. E x p o r ts a n d Im p o rts o f
L ea d in g A rtloles. L o n d o n —R e v ie w o f
y e a r, B an k R etu rn s, A c .
ferred, a Paid-up policy for its full value is issued in
exchange.
A fter the third year Policies are incontestable .
except as against intentional fraud; and all restrietions as to travel or occupation are
noved.
H Y D E ,
N E W
From Pier (new) 42, North River, fo o t o f Morton S t
L A NORMANDIE, de Kersabieo.Sat.. Jan. 8. 2 P. ML
GASCOGNE. Sanrelli..........Sat., Jan. 13. 9 A . m T
L A CHAMPAGNE, Traub........S a t, Jan. 22, 2 P. M.
Travelers by this line avoid both transit by Engl tail
railway and the disoomforta o f orosaing the Channel
In a small boat.
P ric k of P a s s a g e (including wine).-—T o Havre—
First cabin, tlOO and $80; second cabin, $60; steer,
age, $22—including wine, bedding and utensils. Re
turn tickets at very reduoed rates. Checks on Banaue
Transatlantic ue, Havre and Paris,In amounts to suit.
F a ilu r e s .
U n ited States—N ational B an k F igu res and
C urren cy M ovem en ts.
N ew Y o r k C ity—B an k R etu rn s, &o.
L on d on —M on ey M a rket an d B an k R etu rn s
P r e s id e n t.
H .
GENERAL TRANSATLANTIC CO.
B etw een
C O N T E N T S :
Assets (Market Values)................................ $38,615,81932
Liabilities (4 per cent R eserve).................. 35,867,82770
Surplus.... ............................................... 2.757,491 62
Surplus (New York Standard)...................... 5,411,24150
H E N R Y
ON E Y
S p e c ia l
FINANCIAL INFORMATION
LIFE INSURANCE COMPANY,
N E W A R K , N. J .
ASSU R A N C E
BO O K
OF
M U T U A L B E N E FIT
L IF E
YEAR
s h i p s .
Direct Line to France.
T H E
(ORGANIZED IN 1850.)
A M Z I R O D E ,
s t e a m
[R ea d y February, 1887.]
The United States Life
Insurance Co.
IN
IX
134
P E A R L
BROKERS,
S T R E E T , .N E W
Y O R K .-
THE CHRONICLE.
[J
f p i s jc je l l a u a m
tr o t to VU
H a tto n .
Y O R K .
IN M A N ,S W A N N & C o
COTTON
M ERCHANTS,
SPECLAL ATTENTION TO OBDlBt FOR CONTRACTS
» o r F utu re
a t .T.
Co tton .
d e l iv e r y o f
Mew Y o r k .
GRADES, SUITABLE TO W ANTS
BANKERS,
14 NASSAU STREET, NEW YORK.
Edward H . Coates & C o .,
OF SPINNERS
O ff e r e d
on
T urns
S en.
to
liUliuc.
Williams, Black & C o.,
Robert Tannahill & C o.,
B A N K E R S A N D COM M ISSION M E R CH A N TS,
1
W IL L IA M
Cotton Commission Merchants,
NEW
C o tto n E x c h a n g e B u ild in g , N e w Y o r k
J. C. Graham & C o.,
S ou th
W illia m
N E W
S t.
&
51
S ton e
S t.
B U Y E R S F O R A M E R IC A N M U JA}.
M o n tg o m e ry
a n d
EXECUTED
N ew
COMMISSION MERCHANTS,
IN
L e h m a n . D u r r & Co
Montgomery, Ala.
Le h m a n , St e r n & Co
New Orleans, La.
COTTON.
S e lm a .
B. F. B A B C O C K & CO.
NEW TORK, CHICAGO, NEW OR
LEANS, ST. LOUIS, LIVERPOOL,
HAVRE, &c.
Y O R K .
Y o r fc
NO. 1 1 6 C H E ST N U T ST R E E T ,
P H IL A D E L P H IA .
NO. 49 M A IN S T R E E T ,
N ORFOLK , VA.
SPIN N ERS' ORDERS SOLICITED.
S T R E E T ,
STOCKS, P E T R O L E U M
ORDERS
Cotton Commission Merchants,
YORK.
COTTOM , G R A IN ,
P R O V IS IO N S , C O F F E E ,
Special attention given to the porohase and sale o f
FU TU RE CONTRACTS
(n New York and Liverpool.
10
IT
F actors
COMMISSION MERCHANTS,
l
E X C H A N G E
M a n h a tta n B u ild in g ,
Cotton, Coffee, Grain and Petroleum Bought and
fo r Cash, or carried on Margin, on the various
M E R C H A N T S ,
N ew
Y o rk .
Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our corres
pondents In L iverpool: Messrs. L. Rosenheim A
Sons and A . SternA Co.; in London, Messrs. B.
_____
New trass A Co.
Exchanges in New York City.
Henry Hentz & C o.,
COMMISSION
MERCHANTS,
Mohr, Hanemann& C o.,
C O T TO N
E X C H A N G E
B U IL D IN G ,
8
S o u t h W i l l i a m S t., N e w Y o r k .
EXECUTE ORDERS FOR FU TU RE DE LIV ER Y
C O T T O N
at the N EW YORK, LIVERPOO L AND NEW OR
LEANS COTTON EXCHANGES. Also orders for
C O F F G K
A N D P R O V IS IO N S
at the NEW YO RK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRAD E.
Co r r e sp o n d e n t s :
Messrs. Smith, Edwards & Co., Cotton Brokers
Liverpool.
„
- .
ju s. Lea McLean, New .Orleans.
G.
Schroeder &
C o.,
Bnooessors to W a RB A SCHROEDER,
CO M M ISSIO N
ME R C HA N T S ,
Cotton Exchange Building,
N E W
Y O R K .
Or 1 rs for future delivery o f Cotton executed In
New York and Liverpool ; also fo r Grain and Pro
visions In New York and Cbloago.
_______________
Rountree & C o.,
COMMISSION MERCHANTS,
C O T T O N E X C H A N G E , N E W Y O R K , and
NU R F O L K , VA .
* “'C O T T O N , G R A I N , P R O V I S I O N S ,
S t o c k , a n d P e t r o le u m ,
Orders executed In New York, Chicago and Liv
’ rpool. All grades o f cotton suitable to spinners’
ants offered on favorable terms.
N ew Y ork .
Phenix Insurance Co.
OF
BROOKLYN,
Office, 195 Broadway, New York City
Statem ent o f C om p a n y 1*1 D a y o f J a n ,, 188 6 .
CASH C A P I T A L .............. . ....................84
Reserve for unearned premiums..........
oTt i ;«, S3
Reserve for unpaid losses........................
Net surplus............................................... .
714,107 4*
(1,910,483 86
S T E P H E N
C R O W E L L , P r e s id e n t.
WM. R. CROWELL, Vice-President.
PH ILA N D ER SH AW , Secretary.
GEO. H . FISKE, Assistant Secretary.
FRANCIS P. BURKE. Sec’y Local D e p t.
North British
& Mercantile Ins. Co.
New York.
OF
Sp e c ia l A t t e n t io n G iv e n
to th e
E x e c u t io n
OF O R D E R S FOR F U T U R E C O N TRA C TS
at the NEW YO RK COFFEE EXCHANGE, and
G R A IN
L IV E R P O O L ,
40 and 42 Wall Street,
No. 40 EXCHANGE PLACE,
M E M B E RS O F TH E COTTON, O O F F E E A N D
PRODUCE EXOHANOES.
U p -t o w n o ffice . No. 204 Ch u r c h St r e e t ,
B U IL D IN G ,
NEW YORK.
B o ld
C O M M IS S IO N
S treet,
Bethlehem Iron Com p’y
L E H M A N B R O ’ S,
C otton
W a te r
R eceive consignments o f Cotton and other Produce,
and execute orders at the Exchanges In Liverpool.
Represented In New York at the offloe o f
8AM ’L D. BABCOCK,
82 Nassau Street, New York.
AND
R . Macready & C o.,
C O T TO N
s .
„
n-wmrr-a i 1 3 3 C h u r c h S t r e e t , N . Y . ,
B r a n c h Offices { s g s C h a p e l S t ., N e w H a v e n
Personal attention given at the EXCHANGES to
the purchase and sale o f STOCKS and BONDS for
cash or on margin.
. '
. . . .
DEPOSITS RECEIVED—subject to check at sight
—with Interest upon balances.____ ________________ _
Special attention paid to INVESTMENTS and
accounts o f COUNTRY BANKERS.
' «• '
l o a n s m a d e o n a c c e p t a b l e s e c u r it ie s .
COTTON,
1887,
W . T . Hatch & Sons,
MERCHANTS,
N E W
8 .
H e n r y P . H atch,
A r th u r M. H a tch .
W alter T. H atch,
N oth 'l W. T. H atch.
W oodward & Stillman,
Post Building, 16 & 18 Exchange Place,
a n u a r y
Hubbard, Price & Co.,
Cotton E x c h a n g e , M ew Y o r k .
AND
Price, Reid & C o.,
N O R P O L K , V A .
Cotton Brokers & Commission Merchants
Liberal advances made on Cotton consignments
Special attention given to the sale o f cotton to ar.
riv eorin transit for both foreign and domestic mar.
kets. Orders for Future Contracts executed m New
York and Liverpool.
________________
Gwathmey & Bloss,
COMMISSION
MERCHANTS
N o. 1 23 P E A R L ST ., N E W Y O R K .
Orders for future delivery o f Cotton executed 1
New York and Liverpool; also fo r Grain and Pro
visions to New York and Chicago.
JOH N
H.
__________
C L IS H Y
&
CO„
LONDO N A N D E D I N B U R G H .
U. S. Branch Statement Jan. 1,1886.
Invested and Cash Fire Assets................ (8,421,870 76
LIABILITIES.:
,9
Reserve for Unearned Prem ium s... .
»1,190^ 7 «
Reserve fo r Unpaid Losses................
ww so
Other Liabilities.. .. ........ , . L .
N et S u r p lu s .......................................0 1 5 , 8 8 3 1 8
(3,421,870 76
Losses paid In U. S. in 19 years . .6 1 6 ,2 2 0 ,1 3 8 0 3
U . S. B r a n c h O f f ic e , 5 4 W
il u a m
8 x .f N . Y#
pit t a s .
E . W H IT E , BAM . P . B L A G D E N ,
M anagers.
JA S . F . D U D L E Y , D e p u ty M anager.
Insu/ance C om pany
OF
HARTFORD.
C ap ita l.............................................
L ia bilities fo r u n p aid losses
an d re-insuranoe fu n d ............
N et S u r p l u s ... ............................
$ 4, 000,000 0 0
2 ,0 5 7 ,7 7 6 2 4
3 ,2 0 2 .320^41
A s s e t s J a n . 1 , 1 8 8 6 ..........$ 9 , 2 6 0 , 0 9 6 6 5
N o. SI C o rlla iid t St., N e w Y o r k
J A S .
A . A L E X A N D E R , A g e n t.
COTTON B U Y E R S ,
Geo. H . McFaddenôc Bro,
COTTON
MERCHANTS,
K
(L iv e r p o o l Co r r e sp o n d e n t s ,
F R E D E R IC
Z E R E G A
A
A L A .
FELLOWES, JOHNSON & TILESTON
¡P H I L A D E L P H I A .
r
M O N T G O M E R Y ,
PU RC H ASE O N L Y ON O R D E R S F O R A COMMISSION
CO .
COMMERCIAL UNION
A s s u r a n c e Co.tl i m i t e d ,
C O T T O N , S T O C K S , B O N D S , & © .,
O F LO N DO N \
26 W IL L IA M 81 R E S T , NEW YO RK .
Orders In “ Futures” executed at N. Y Cotton E xc
Office, Cor. P in e * W illia m Streets, New T o r i
@FedFRASER