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HUNT'S MERCHANTS' MAGAZINE,
BEPRESENTING THE INDUSTRIAL AND COMxMERCLVL INTERESTS OF THE UNITED STATESL
YOL.
NEW
42.
YORK, JANUARY
^inaucial.
9,
^itiatucial.
Bank Note Company,
John Howard Latham. Fbidkrice W. PibbT
Ba«lncfi»
DIAMONDS.
Alfred H. Smith
Founded 179G.
lacetpor«t«4 uadrr laws of 8lftl« of
Reorffanlxed 1879.
Engravers and Printers of
BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES Of the UNITED STATES; and for
&
Co.,
182 Broadway, Cor. John Street.
Wood,
31
CHF.t'KS, 11ILI.S OF EXtHANKE,
Ac., lu the flncMt and mont artistic Btjle
FROM STEEL PLATES,
mik
SPECIAT, SAFl.ia
t^doj
inns
lo
PRKVKMT (OINTERFKITISG.
jiajM-r* iji«iniroflun.d i>«eliulTOl]r for
use (if lli« t'oinpan/.
Work Executed
Huestis &' Co.,
PINE STREET,
GORHAM
AND
Execute orders in all securities listed at the New
York Stock Exchange. For 8ale
FlKST-Cl.ASS ItAimOAlJ FlHST MORTGAGK BOSD8:
M'fg Co.,
SIL.TERSiniTIIS,
BROADWAY AND NINETEENTH
Fireproof Bulldliiua.
UTHOERAPHIO AND TYPE PRINTINQ.
GEOHGK C.WOOD.
Henry
ST.
No. 25
NASSAU
VICE.l'RESlUENTS
MACDONOUGH,
a
Treat.
THEO.
Asa
p.
:
SHEPARD.
TOURO ROBERTSON,
Potter, Prest.
FREEUND, Socty.
W. Work, Cashier.
H.
J.
Maverick National Bank,
BOSTON.
CAPITAIi,
SIIHPIiUS,
400,000
Aecount9 of Banks and Bankers solicited.
Collections made upon favorable terms.
Government Bonds bought and sold
Floyd- Jones
&
Robison,
BANKERS AND BROKERS,
No. 2 Kxckaiige Court, New, York.
Btocka,
Wm.
C.
Bonds and (J. .S. Qovemment Securities
Bought and Sold on Commission.
FloydJones,
William Robison
Members New Vork Stock Exchange.
Andrews, Adams
& Kellogg,
BANKERS AND BROKERS,
78 tc 80 Broadway, New York.
BUU of
BzcbanKe and Cable Transfers on the Union
Bank «»f London.
Bay and Sell Stocks and Bonds for Investment or
on Margin.
Correspondence Solicited
Co.,
laade in any part of the country
Accounts of Banks, Merchants una
at lowest rates.
others solicited.
Refer to—
Merchants' National Bank and Bank of North AmerMerchants' National, CblcaRo; Mavica, New York
;
Y.
and Philadelphia
H. Taylor
L.
BANKERS
Cor. Tlilrd
S. IV.
istock
&
Exchanges.
and Oliestnat
Sts.,
PHlLADEIiPHIA.
Deposits received subject to check at slRht, and
Interest allowed on daily balances.
Stocks, Bonds, &c.. bouf^ht and sold on commission
In Philadelphia and other cities.
Particular attention Kivon to information regarding
Private wire to
Investment Securities.
New York. Baltimore and other places
Hiram Dewixo. Clark Dewing,
(Member of New Vork Stock
f. t.
Bontkcou,
Exchange.)
TBOY,
I
ments for
No. 18 AVall Street,
New York.
Stocks and Bonds Bought and Sold on Commission
Accounts received and Interest allowed on balances
which may be checked fur at sight.
Iowa iM&n & Trust Co. 6 per cent Debentures
bought and sold.
thereon.
all facilities
and
and trust funds.
Howard
Lapsley
&
Co.,
BANKERS AND BROKERS,
(Mortimer Building.)
No. 11 'WALI, ST.,)
Neiv York.
PRITATB W RB TO BOSTON.
Co.,
SUPERIOR STREET,
CLEVELAND, OHIO.
No. 137
Transact a jreneral banking bu^lne<^ and DEAL
IN TOWN. COUNTY AND CITY BONUS. Lists
and prices furnished on application. Write us if yon
wish tti buy or sell. Refer, by periuissiun. to Society
f(.»r Savings, Savings Jfc Trust Co. and National Banks
of Cleveland, Ohio.
N. W. Harris & Co.,
IWESTMEXT BAXKERS,
115
&
117 Monroe
St., (Mont auk Block)
Adjoining First National Bank Building,
CHICAGO)
II.!..
City and County Bonds, and Investment Securities
of a high grade a specialty.
Correspondence
solicited.
Walsh & Floyd,
STOCK BROKERS,
No. 26 BROAD STREET, NEW YORK.
Nicoix Flovd, JB
James W. Walsh, Jr.,
Member N. Y. Stuck E.Tchange.
Stocks, bonds, grain, provisions
or on margin. Direct telegraphlo commanlcation
with the Chicago Board of Trade.
&
Bros.
BANKERS,
petroleum bought and sold on commission for cash
N. Y., NO. 17 FIRST STREET.
institutions
Lamprecht
H. Dewing & Son,
BACKERS AND BROKERS,
(Next door to the Stock Kxchange.)
of the N. Y. stock
Kzch'nges,
Deposits received, subject to check, interest al-
Stock Kich'ge membership; private wire;
NEW YORK»
1.423,
Government, State, County, City and Railroad
bonds constantly on hand for sale or exchange, and
particular attention given to the subject of invest-
Co.,
dt
STOCK BROKER.
Lansdale Boardman,
NEW YORK, 80 BROADWAY A 5 NEW ST.
ST.,
BOX
Transact a general hanking business. Including the
purchase and sale of securities listed at the Now
York Stock Exchange, or in the open market.
'
Thompson & Richard,
BANKERS,
TINKER &. WESTON, 16 18 Rroad
Street, New York.
IBANKERS AND BROKERS,
and Produce
Members
No. 2 EXCHANGB COURT,
lowed
and
NeiT York.
Co.,
erick National, Boston.
Hembera New York Stock Exeliange,
Hkxiit C. Tinker. Member N. T. Stock Excb.
Ua.\8aBLAIK WE8TO.V.
&
SWAN.
Receive deposits subject to check at sight
allow interest on daily balances.
ITIII^WAUKEE, WIS.
COLLECTIONS
Members N.
•-....
........ $400,000
&
Bros.
BANKKRS.
A. D.
W. M. SMILLIE.
H. STAYNER,
P. O.
Houghton
M.
L.
BANKERS,
MAIDEN LANE.
9
C.H, HUESTIS.
S. Ives
BAILWAY TICKETS OF IMPROVED BTTLE8.
J.
NEW YORK.
SUCCESSORS TO
In
Khow Curds, LubeU, Culendars.
BLANK BOOKS OF EVERY DESCRIPTION.
ALBERT G. GOODALL, President.
STREET, NBIV YORK.
AVOOD & DATIS.
SAFETY PAPERS.
SAFETY COLORS.
«1
BANKERS AND BROKERS.
r.:
VBAFTH,
BTAHPH,
Co.,
Countv, State, Railroad, District of Colnmbla
Bonds and Foreign Ezchange.
Correspondence Solicited.
Foreign Governments.
ENGRAVING AND PRINTING,
BANK XOTKS, SHARE CEUTIFICATES. BONDS
AND OOUI'OU VTl«>NS,
<i«VKH-\AlE-\TS
rott
&
UNITED BANK BUILDING,
No. 2 \rAIiIi
Clt7,
IMPORTERS,
New York, \^h%
H. Latham
J.
78 TO 86 TRINITY PLACE,
YORK.
1,072.
^itiatrcial.
AMERICAN
NEW
NO.
1886.
J.
P.
Wintringham,
New York.
86 Pino Street,
- - - (Telephone—289 John.)
GAS, INStJR.iNCE, BANK, CITY RB.
TRUST
CO. and
FERRY
STOCKS.
weekly list of lots of these securities offering on
the market publL^lied Mondays with prices.
Copies on applicntlim.
1,.
— ..
Orders solicited to bur Or sell oa toe Bxchangea, tr
at the weekly Auction Sales.
A
[VOL. XLII.
THE 'CHKONICLE
11
^oreiflii
Co., August Belmont
&
Morgan
Drexel,
^0t;ei0tt |g3CcTtaMse»
%%cUmQS^
WAL.I' STKBKT,
CORNER OF BROAD. NEW YORK.
Drexel
&
Drexel.Harjes
Co.,
Cor. of Bth AChestnut
Sts. 81
DOilESTIO
^^^
AND FOREIGN BANKERS.
fere to. England,
irallable In
all
parts of the
w
MORGAN
OLD BROAD BTREET, LONDON
&
Brothers
NEW lOBK.
Brown
Phila.
AI.EXANDER
Co.,
No. 23
fin
BROWN &
STEBLlSa.
In FRANCS for
ArallaWe In any part of the world.and
In dollars for
to iSartlnlqulandGuadaloupe,
countries.
adjacent
and
this
In
™
«
make TeleerapUlc Transfers of Money
Country and Europe.
DRAFTS
MtAKViiii l.Ff'TIONS OF
Ausany part of Europe, Asia, Africa,
Co.,
John Paton &
SUCCESSORS TO
JESrP, PATON & CO.,
iMOe Commercial & Travelers' Credits
tl.ls
Berlin,
"&'jl,?"Bin"of"^xchange and make Telegraphic
a^"n'y?»r?nf Money on Euro pe and California.
''sWBD'kN AND AUSTRALIA.
Between
BROTHERS, London.
FRKUES & 6lB. Paris
iiin.IGM AN
i^TKlTHElMEB. Krankfurt.
^KLGMANGOI.nnERG.
Amsterdam.
in
drawn
and Canada,
"abr^Jd on"' ptMHts In United States
States on
"iS^d of drafts drawn in the United
«dthe.rLondontS"S\-:'|^WN ™IPLET
& Co., Paris
Credits.
Commercinl and Travelers'
Cable Transfers.
Bills of K-xchaiige.
-g^nktKS ^n& ^vohtvs.
52 W^UlIam Street,
New
C. Walcott
T.
Hew York.
SfI ICJMAN
Payable
But and Sell Bills of Exchange
^wfiHlTAT BRITAIN AND IRELAND, FRANCE
ijy
BANKERS,
BROAD STREET
ALTM AN & STETTHIEMKK,
SONS
Hamburg;.
trance and (rfrmany.
AlVbERG
BALTIMORE,
CORRESPONDESTS OF THE
Messrs. Marcuard, Kranss
Travelers,
Issue Letters of Credit for
Boston
Ruckgaber,
International Bank of London
(Limited), London.
Messrs. John Berenbcrgr, Vossler 4c Co.
& W. Seligman & Co.,
J.
orld.
ATTORSEY8 AND AGENTS OF
& CO.,
BfeMrs. J. S.
KO. 22
&
"
&
BANKERS.
WII-LiIAia STREET, NEW YORK
29
In all
gon.B, London.
N. M. BothBchlld
_ „ ..
BrpV l-aris.
de Rothwhild
dc Sons, FrankSi. A. dc Koibschlia
Vienna.
s'. M. deKoVirMhiid,'E8q.,
AND THKIB COKKBSPONDENTS.
Cable TraMDraw Bills of Exchange on. and make
& Co "•*
niM.ra
PARIS.
Schulz
Co.,
Street.
Nob. 19
available
TRAVELERS' CKKDIT3.
KMnn TBAVELf.^
ISBUB
^y^_,,^ through
Boalovard HauBgmann,
PHIIiAI»El.PHIA.
&
BANKERS,
& 21 Nassau
&
Co.,
BANKERS AND BROKERS.
No. 24 Pine Street, New York.
Transact a General Banking Business.
stocks and Bonds bought and sold on CommlBSlon,
Orders received in Mining stocks, and in Unltstea
Securities. Collections made and loims negotiated.
Dividends and interest collected.
Deposits received subject to Draft.
Interest allowed. Investment securities a specluty.
We issue a financial Report weekly.
Office. 320 Broadway,
Connected by Private Wire.
Branch
•log. C.
WALCOTT,
FRANK
I
Members of the New York
Stock Exchange.
DICKINSON, i
Fanshawe
York.
Corporations.
Accounts and Agency of Banks.
terms.
arm?aSdi..dWdual8 received upon favorable
remitted.
Dividends and interest collected andpaying coupons
in
Act ^s agents for corporations
and dividends: also as transfer agents. and sold on
Bonds, stocks and securities bought
commission, at the Stock Exchange or elsewhere
Exchange and Cable Transfers bought and
F.
& Milliken,
BANKERS AND BROKERS,
KG. 43
NEW
BTREET.
Sterling
'«'"'
&
&
y. Stuart
83 'NASSAP street.
I
•'
Co.,
DRAW ON
Stocks and Bonds Bought for Cash «
THE UNION BANK OF LONDON
AND
on Margin.
BRITISH LINEN CO. BANK. LONDON
SCOTLAND.
EXCHANGE ON
Maitland, Phelps
& SMITIUS,
«niTa, PAYNELONDON
BANKERS,
AND
BANCBESTER & COUNTY BANK,
BILLS OF
&
MATNARD C. BTBS.
D. C.
HINKT H. DODGE, Washington,
WM. B. TRATER8, Special Partner.
BANKERS
"LIMITED,"
MANCHESTER. PAYABLE IN LONDON;
Prince
COMMISSION MERCHANTS,
ULSTER BANKING COMPANY,
32
BELFAST. IRELAND!
AXD ON THB
&
24 ExehanK*
Place,
BILLS OF EXCHANGE. LETTERS OF CREDIT.
ALSO,
TELEGRAPHIC TRANSFERS OF MONEY
ON MEXICO, CUBA.
John Munroe
&
Co.,
No. 32 Nassau Street, New York.
Ho. 4 Post Office Square, Boston.
Kennedt
J.
J.
MUNROE &
CO.,
PARIS.
ALEXANDERS &
^
^'^^^
fob TaAVW.»R8.
Seidelbach,
Ickelheimer
Alexandeb Baring.
Member N. Y. Stock Ezch'ge
Ofler Investment Securities.
AmBuy and sell bonds, stocks an d securities In all comerican, Canadian, British and Dutch markets on
mission. Collect dividends, coupons and foreign and
inland Drafts.
_ .
Exchange on
Kidder, Peabody
BUT AND DRAW BILLS OF EXCHANOH,
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
«BS' CREDITS.
ISSUE COMMERCIAL CREDITS, AVAILABLE
IN ALL PARTS OF THE WORLD, ON
Messrs. C. J.
Hambro &
Son, London.
Unger & Co.,
SANKBRS AND BROKERS,
Chas.
Members of the New York Stock Exchange.
J>ealers in Foreign Kxchanoe, Govebnment
ANii oTUEK Investment Bonds.
STBRLINO LOANS A SPECIALTY.
S4 'Wall St. and 62 Greene St., N. Y.
Buy and sell on commission, for investment or on
margin, all securities dealt in at the New York Stock
Kxchange.
Canadian Bank of Commerce.
Capital.
3.
H.
GOADBY &
JOI
le
BiniPLUS. $2,100,000,
|«,ooo,000.
B. E.
WALKER,
T AGENTS,
EXCHANGE PLACE, NEW YORK
but and sell sterling exchange, cable
tuanskkrs. etc.
i88cb commercial credits. a'vailable
IN
Alil.
PABTS
OJf
THH WOKU).
Securities: also Grain
1
classes of Railroad
to Philadelphia.
&
&
Co.,
19 Broad St.,N. Y., Mills Bulldlnc,
Transact a General Banking Business.
Foreign Exchange, Bonds, Stocks and Mlsoellaneous Securities bought and sold on commission.
OCHi
JnLniS A. KOHN. DAVID OCH8. MOBITI
Memb. N.Y. Stock Bx
Memb.N.Y. Stock Kxoh.
&
Hamilton
Bishop,
BANKERS AND BROKERS. YORK.
PINE STREET. NE'W
No. 85
(Members New York Stock Exchange.)
received.
Accounts of Banks. Bankers and iithers
Commission
Interest allowed on balances. A strictly
and bonds.
Busi ness in the purchase and sa e of stocks Syracuse.
Private Telegraph Wire to Albany. Troy
Rochester. Utica. Buffalo. Cleveland and Chicago.
S^"cra.°a°ta^ggfv°eit'fs°e^c"u°r,'trfTr^n°^lsr^^^^
Fred. H. Smith,
BROAD ST., NEW YORK.
Co., STOCKS, BONDS AND PETROLErM
No. 20
Bought, Sold, and Carried on Margin*.
all railroads for past twenty
ParUes desiring to buy or «eU nnqnoted •••
onrtUes will do well to communicate.
Stock uid
F H. Smith, ) Members Consolidated
Petroleum Exchange. New York.
8. W. Smith. 1
Intimate knowledge of
years.
113 Devonshire Street, Boston.
ATTORNEYS AND AGENTS OF
CO.,
WUmlng-
New Haven.
BANKERS AND BROKERS.
FOREIGN BANKERS,
Street, New York,
BARING BROS. &
A. Kohn
T.
Nassau
Messrs.
all
and Provisions.
Boston and Pittsburg.
^.^a'r^iJiSi^^isririoV" 1 ^o"""''-
Co.,
FOREIOIW BANKERS.
Co.,
Act as Agents for Banks, Bankers and Railroad
iSue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling a. dollars.
29 W^ILLIAM STREET,
NEW YORK.
Eioliange Place,
Cor.
&
WILLIAM STREET,
Sell Bills of
&
j
Buy and sell on commission
&c.
BANKERS.
LONDON.
CO.,
CmcPLAR Notes and CREPiTg
^"^
Jcc.,
Kennedy Tod
No. 63
CHEQUES AND CABLE TRANSFERS ON
aTERLING CHK2y8*81QHT On''^
Tod.
H. O. NOBTHCOTK.
Whitely,
NEW
ton, BaltlmoreTWashlngton. Bridgeport.
NATIONAL BANK OF SCOTLAND,
CABLE TR ANSFERS AND LETTERS OF CREDIT.
&
YORK.
No. 64 BROADWAY,
,. 180 Fifth Ave.. New York.
Oftices
Branch „
j 539 15th St.. Washington, D. C.
PrivSe Tetegraph wires
NEW YOBK.
EDINBURGH AND BRANCHES:
H. CBUO»B OAKUTT,
lAMMB WHITELT,
Co.,
London
Simon Borg
COMMERCIAL CREDITS,
NASSAU
No. IT
&
ST.,
Co.,
NEW YORK.
Circular Credits for Travelers.
DEALERS IN ALL KINDS OF
Cable Transfers and Bills of Exchange on
Great Britain and the Continent.
Railroad and Investment Securities
Bouthern Securities a Specialty.
BROTHERS,
KOVNTZE
BANKERS,
Rolston
120 Broadway, Equitable Building, Now York
issued for tlie use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
places
the United States. Deposits received subject to check at sight and Interest allowed on balances. Government and other bonds and investment
eecurltlei bought and sold on commlssloo.
&
Bass,
BROAD STREET. NEW YORK.
STOCKS, BONDS
AND MISCELLANEOUS SECURITIE*
No. 20
LETTERS OF CREDIT AND
CIRCULAR NOTES
Solicited.
Correspondence
•^
._..*„ .,._>•
Quotations oheerfnlly fumlshe*
_ -- Jr.
.W. ALEX. BASS.
Wm. H. Rolston.
m
.
Member
I
Exch
N. Y. stock Exch'ge.
M«mbeiClilca«o Stock Kxoh'ge,
January
9.
THE CHRONICLE.
1886.J
and
^^xtiktXB
gtr0licrs.
&
Taintor
Holt,
WALL STREET, NEW YORK.
TKANSACT
OKNEKAT, HANKING bmlneM.
INTKUEST allowed on
It
UKl'Ofil'rs rectitvod und
tMlanc€fl.
nur nnd
OOVBRNMBNT, MDNICIPAIi
aell
RAILUOAl)
m
TAINTOK.
a. D.
WAUTOH
Providence and Boston.
GEO. H. HOLT.
L'HUILIER.
FBCD. a. BBOWM.
H. BBOWM.
Hbkbjcut p. Bbown.
Walston H. Brown & Bros
Wm.
I'rlvate
New
offlou.
FIRST-CLASS IMTfiSTlWEIVTS.
Buy nnd
soil
on Commission, for cash or on margin,
New York Stock Ki-
sucurltlos dealt in at the
chanKo.
H.
K.
&
Co.,
BANKERS AND BROKBRS,
New York
Stock ExchanKe.
BROADWAY.
Branch OIBce, 5 Vanderbllt Ave., connected by
A
&
Cox
BLAKE,
l/>NDON,
Ist
CO., York.-
New
Of Boston and
January. l8He.
"DEFERRING TO THE CIROCTLAROF MB.S9RS
-*^
BI.AKE BROTHERS
CO.,
«c
dat«d3ist Doc., tHH5, announcing the termination of
that firm by effluxion of time, wo beg to notify yoa
that we have formed a copartnership to carry oa
a general Banking hnslness under the style of
HEINEmANN
Co,
"at 68
tc
CO.,
GRRSHAM HODSB,
E. C.
EMIL HEINEMANN.
WALTER DABNET HEINEMANN.
A. Dutenhofer,
Cox,
Bankers A Cammlsaloii Stock Broken
No. 68 BBOADWAY, NKW YORK.
Deposiu received subject to check at siKht, anJ
Intereat allowed on daily balances. All Stocks and
Bvcurltiea dealt in at the New Vork Stock ExcbaoKe
Iwojibt and sold on Commission, for Cash or upon
Margin.
BROKER
MILLS BJILDING (8d Kloor.)
Rooms 2S & 26.
3.5 WALL STREET.
STATE AND CITY BONDS OF GEORGIA, ALSO
SECURITIES OK THE CENTRAL RR. 4 BACKING CO. OF GEOIUJIA A SPECIALTY.
Investors wishiiit; to buy or sell are Invited to call
or
ijiven
to all orders.
(Established In 1865.)
&
Gilman, Son
BANKERS AND BROKERS,
Nos. 16 4c 1 8 Broad Street, New York.
Wo have published a new pocket edition of our
Co.,
BANKERS,
CEDAR STREET.
No. 62
In addition to a General BankUig Business, Buy
Sell Government Bonds and Investment Securi-
C.
ties.
&
Co.,
BANKERS AND BROKEKS.
atrlrtly ComnilHalon Biialneas
8TOi;K»i, BONOS and UKAIN,
a
With Private Wires
PUlLAUKLPHIAand Intermediate Points.
No. IT WALL ST.,
YORK.
A
16
In the
BROAD
18
S
IV
18
W^
New
,
STREET,
A L L
Bar and
Sell
Investment Securities.
BOX 2,047.
W.
C.
niLL.
J.
MOBSE.
&
Co^t
Branch
cor. Exchanite Place, N. Y.
Ufflce, 241 I.r 8alle 8t.. Chicano,
STOCKS AND BO.NDS KOK CASH Oil ON MARBUY AND SKf.L INVKSl'MKNT SECURlI
INTKKKST AJ,I,0\VKIJ
SUBJECT TO CHECK AT SIGHT. ON DEPOSITS
GIN.
TIKS.
^
„
D. A. BOODT.
P. O.
Box
447.
C.
W. MCLUXAK.
—"^"^
REtlBEN LKLAND.
Ho. 34
Asiel
corner Broadway.
OOilMEUOIA.L PAPER.
"'°'' '?'" 0" commission
at^N?w V^rS
''i"'"^K
''•"^..^ t-tchange.
" * ^V,1ot
AdvaooM
Sifi™.
made ""
on
"'""-"«""'
buloeet paper aai oilier as«arlUeg.
Loans of approved Railways, negotiates and
Issues Loans
mat
payments of Interest on Loans. Dividends oa>
ter of
Co.,
on the London Market, acts as Agentfor
Railways and other Corporations, either In the
or Registration of Stocks In London, or otherwise.
Cable Address— FATT,
London.
&
TH
Co.,
Bank
BANKERS AND BROKERS, Anglo-Californian
(LIMITED).
EXCHANGE
No.
81
PLACE.
L. 8. FRANKKNHEIMER, M. SEr.IGMAJfN
Members N. Y. Stock Bxchanue.
&
Co.,
LONDON, Head Offloe, 3 Angel Conrt.
SAN FRANCISCO Offloe, 422 California St.
NE^r YORK Agents, J. A W. SellKiuan A Co
BOSTON Correepond'ts, HaeaaoliuBette N. Bk
BANKERS AND COMMISSION MERCHANTS Antborlaed Capital, - - • 96,000,0002 Exchange Conrt, New York.
Pald-np Capital,
l,6UO,00O
Reserve Fnnd, --•-•. 40U,000
CALDWELL.,
....
WAiillBURiW
TOWNSEND,
Ac
BANKERS AND BROKERS,
No.
3
W^ALL STREET.
Transact a seneral Banking Business, including the
Purchase and Sale of all Securities dealt In at the
New York htock ilixchanKC.
Interest allowed on deposits subject to sight draft
Caldwell.
J.
Lansing
Tow.vHEND. Member N.
DoroLADS Ukee.%
<t
This Company undertakes the business of Truste*'
to
BROAD STREET,
,
Memb. N. Y.Cotton Exch.
STOOKB, BONDS
Sterllns..
Ne^ York.
C. B.
UNITED BANK BVILDINC,
IW^all Street,
£9 T 1,3 60
BANKERS AND BROKERS,
Cbas.
BANKERS,
BI7iI.DiNGS
LONDON, ENULAM).
Capital Paid Up,
R. T. Wilson
Si
BANKERS,
BANK
Chew,
W. H. Goadby &
B. ASIEI.
8 Brondwar,
Co-.
'LIMlTBD).
NEW YORK.
ST.,
Stocks, Bonds and O
.
OoTemment BeoorltlM
Booffbt and 8otd on Commlsstoa.
JAS. D. 8IMON9,
BlTBBItT CHBW.
Member N. Y. dtock Bxchaiure.
Member N, T. Produce Bzohaure.
P. O.
A. M. KiDDKB. WAVr.AND TttASK. H.
TUB
No. 4
2 BxclimneeOourtdcSa Broadvvar^N.YA
York.
.Transact a General BankicK Business, Includlns
the purchase and sale ot STOCKS and BONDS for
cash or on mart^in.
demand drafts.
Negotiate Railway, State and City Loans.
N.T. Stock Exchange.
STO<K BROKERS,
Ifo.
favorable terms; also orders for the purchase and sate of Bonds, Shares, Ac, Ac. OQ
the Stock Exchange.
Interest allowed on Deposits, subject to 60-da78
sight drafts, at Bank of England rate, and
one-percent below that rate subject to*
marjiin.
Simons
C^ Co.
BA KER
8ollcU accounts and agencies of Banks, Railways
Corporations, Firms and individuals upon
Transacts a Keneral BankinK business, Inclndinff the
purchase and sale of stocks and bonds for cash or on
NEW
'iJt.
EONOON.
BANKER AND BROKER,
In
CHICAGO, BALTIMORE,
to
Membership
(IB Tears'
Co.,
Railway Share Trust
Turner,
J.
&
G2 Grcsham Honse, E. C,
annual "List of Stuiks and Bonds at the New York
Stock ExchiinKe." Sent free on application. Both of
ourHrmareME.MUEiisof the N.T. Stock ExciiA.NGK.
ROBHKT J. Kl.MUALL.
AXrUED B. LoUNSBKBT.
and
John H. Davis
Heinemann
ANU
Dealer in Miscellaneons Seearities,
Stewart Brown's Sons, correspond. Prompt and personal attention
stock brokers,
R. J. Kimball & Co.,
•4 Broadway 4c 19 New St., New York
.
E. c.
BLAKE BBOTHBR8 A
private wire.
Connected by private wire with H. W. Clark
Cbd Hill a. Kennedy, Philadelphia.
nOUSE,
'
V. Carolim,
Cbables F,
T. Stock Kxchange,
Carolin
_
r. B.
A.TZNAOA. FRANK C.IIOLLINS
B. Rollins
CO.,
ic
baa this day terminated by effluxion of HUM. Mr.
EMIL IIEINB.MANN and .Mr. V. B. BLAKB alone
are authorised to niga the Arm's name In liquidation
and to settle all outstandinK business.
EMIL IIEINEMA.V.V,
Interest allnw...! on dally balances.
All dop<jslts nohjiM't t« check at siRht.
iitturiiliin to orders by mail or telettram.
74
Member N.
Do
BI.AKE BBOTIIERS
BPartlcular
U. B. IIULLINS.
Slst Deoembor, I88D.
heretfjfuro carried on by us at
02 CiRESIIAn
UKAI^HRS IN
Membftrs
NASSAU STREET,
NEW YORK.
Wire with main
I<OHDON,
BBO TO OIVB NOTICE TUAT OUBr
'' flmi of
York.
BANKERS,
NO. 20
IS
4c
Connected by
all
l*rtvuto teloKrupb wires to
a.
and
Scourltlei.
Sons, TyB
Sistare's
Broad Street, New York,
121 Soutb Third Street, Plilladelptala.
10
BANKKRB.
No. 3
«nd SvoUers.
WsivCktxs
Geo. K.
Ill
C. Wasobctkn.
Y. stock Exchans*
A. a. Batbhan
Memb.N.Y. Stock Kxoi.
W. W. DtTULKT.
gree:v at
bateman.
BANKERS AND BROKERS,
8TOOK8, COTTON. GRAIN, FOHEION
4'orner
Wall and New
RXCHANOB,
Streets.
fllTSte wires to.Washlngton, D. C, Ualtlmore, Bos'
WPj f hlladelpEla and CWca«o.
Transaota general banking business. Issue Commerdal credits and Blllsof BxchaaKe, available In al
paru of the world. Collections and urders for Bonds,
Stooks, eto., executed upon the most fax arable terms
P.N.
FRKD'R F. LOW,
"»"«•'»•
IGNATZ ST BINELABT,!(m.«.^,..~
LILIBNTHAL. Cashle-.
Hong Kong &
Shanghai
BANKING CORPORATION.
Paid-up Capital
$7.SOO,000
Reserve Fund
4,40U,00O
Reserve for Equalisation of Dividends...
4(jO,*<X>
Reserve Liability of Proprietors
7XO0,UOO
The Corporation grant Drafts, issne Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon.
Manila, Uong Kong, Foochow, Amoy, Nlugpo,
SbatiKhal. llankow, Yokohama, Ulogo, San Francisco
and London,
A,
HI.
TOWM8END, A cent, 47 WlUIaa Su
THE CHRONICLE.
'gxnst (£>ampmiUs,
'^oxtiQM l^awUcvB.
FIDELITY & CASIJAI>TY
De Twentsche
No». 214
Bankvereeniging,
BLIJBENSTEIN & CO.,
&nSTEBDA]n, • • • • HOLLAND.
B. W.
Established
Aondon—B. W. BLUDENSTEIN &
&
56 Threadneedle
CO.,
St., E.
Union Trust Company
73 Broadway, cor. Rector St., N. T.
Company
at
A LEGAL DEPOSITORY FOR MONEY
CASUAIiTX DEPABTOTENT.
Accepts the transfer agency and registry of stocks,
and acts as Trustee of mo.t^ages of corporations.
Allows interest on deoosits, which may be made at
anytime, and withdrawn on live days' notice, with
interest for the whole time they remain with tho
company.
For the convenience of depositors this company
CO.
Transact a general Banking and CommlBsion
Business In BiUs, Stocks, Sliares, Coupons, &xs,
SEW TORE CORRESPONDENTS:
Hessrs. KNAUTH, NACHOB & KUHNE
also opens current accounts subject, in accordance
with Its rules, to check at sight, and allows Interest
upon the resulting daily balances. Such checks pass
W. G. Low,
Charles Dennis,
Alex. Mitchell,
S. B. Chittenden.
M. Hlohards.
David Dows,
Geo. T. Hone
G. G. Williams, A. S. Barnes,
J.S.T. Stranahan, H. A. Hurlbut,
J. D. Verrailye,
A. B. Hull.
Wm.
S. C<i».
through the Clearing House.
TRUSTEES
Wm.
StMKMANS.jBWKTT.Pres. JosiahJewitt, V.Prei
William C. Cobnwsll, Cashier.
Bank of
OAPITAI^,
BUFFALO.
R. T. Wilson.
Wm. F. Russell,
<4
Australasia,
$300,000
(Incorporated by Royal Charter, 1835.)
St., London, England
N. Y,
This bank has superior facilities for ra 'Vlnff collections on all accessible points In the U Ited States,
Liberal terms rztended to
Canada and Europe.
accounts of bankers and merchants*
Correspondents.— New York, Krti.'iial Shoe &
Bank
of Tjoniltji.
Leather Bank: Union
Henry
New
Btlls nejiotiated or sent for collection.
Telegraphic transfers made.
Deposits received in London at Interest for fixed
periods, or for transfer to the colonies on termi
^which may be ascertained on application.
PUIDEAUX 8BLBV. Secretary.
&
L. de Steiger
Co.,
PRANKFORTONMAIN, GERMANY.
A. P.
50
TURNER
&
CO.,
LONDON.
Railway Ixvestment
United
States Trust
No, 49 W.4iI,L,
Capital,
Co.
street.
which may be made at any time, and withdrawn after
Ave days' notice, and will be entitled to interest fur
the whole time they may remain with the company.
Executors, administiators, or trustees of estates,
JAMES S. CLARK,
Vice-President.
Second Vice-Pres't
Dan. H. Arnold. (W. W. Phelps,
IJohn H.Rhoades.
Thomas Slocomh, D. Willis James. Anson P. Stokes,
Charles E. Bill, Jo'm J. Astor,
Robt.B. MInturn,
Wilson G. Hunt, John A. Stewart, Geo. 11. Warren,
Wm. H. Macy,
S. M. Buck'gham,Ge<>. Bliss,
Clinton Gilbert,
H. E. Luwrence, William LIbby,
Daniel D. Lord, Isaac N Phelps, John C. Hrown,
Samuel Sloan,
Erastus Corning,!Edward Cooper,
James Low,
iS. B. CIiittenden,IW.Bay'rdCuttlng
Chas. S. Smith.
|
I
BROADWAY, NEAT YORK.
^OHNC. SHORT
FRANCIS A. WHITE
JAMBS S. NEGLBV
THKO. B. TALBOT
WM.P. WATSON
Presldeiit
Vice-President
2d Vice-President
3d Vice-President
..Ist
Sec'y
and Treas.
Authorized Capital Stock, $1,000,000.
Paid In . . . _•_- .
600,000.
HENRY
LOUIS
22d, 1805.
(CHARTER PERPETUAL.)
$1,000,000
CAPITAL.
ASSETS $15,021,530 63.
INSURES LIVES. GRANTS ANNUITIES, RECEIVES MONEY ON DEPOSIT, returnable on demand, or on which interest is allowed, and is empowered bylaw to act as EXECUTOR, AD.'MINISTRA-
TOR, TRUSTEE, GUARDIAN, ASSIG.NEE, COMMITTEE, RECEIVER, AGENT, etc.. for the faith
ful performance of which Its capital and surplus
fund furnish ample security.
All trust funds and investments are kept separate
and apart, from the assets of the company.
The income of paitles residing abroad carefully
collected and duly remitted.
SAM'L R. SUIPI.EV, President.
WISTAR BROWN, Vice-President.
ASA w. WING. Vlcp-I'iesident and Actuary
T.
Metn
THOHNKLL, Secretarv.
HAMPTON, Assistant Secretary
The Union Trust
BU AND
OF PIIILADELPIIIA.
Incorporated Third Mo..
L.
G.
fiia
Sav-
ings Banks, Insurance Companies, Executors and
Trustees of Estates, and indlTidnal investors.
UNITED STATES BONDS, State Bonds, Municipal Bonds. Railroad Bonds, tionght and sold.
DEFAULTED BONDS ol States, Municipalities
ftnd Railroad Companies negotiated or collected.
CALL AND TIME LOANS made on United States
Bonds and good Municipal and Railroad Bonds.
FINANCIAL AGKNC V for railroad companies and
PAID
Co.,
Lru.steti t'*jr (/orporations, and accept and execute any lesal trusts from
person.s or corporations on as fuvurable terms as
other similar companies.
THOMAS HILLIIOTIPK. Prosident.
1). lAFPEX, Vice-l'resident.
WALTKU J. BltlTTIiN, Secretary.
Authorized Capital
§1.000.000
Paid-up Capital
500,000
Acts as Executor, Administrator, Assignee, etc.,
and executes trusts of every description known to
the law.
All trust assets kept separate from those of the
otber oorporations. Will also conduct the reorganisation of railroad companies and other corporations
whose bonds are in default,;or whose property is In
the hands of Receivers or Trustees.
BAILROAU LOANS negotiated.
Circulars on application.
Burglar- Proof Safes to rent at J5 to $60 per annum.
\Vills 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.
'^?.}'.f}?£'- Pl'es't. JOHN G. READING, V.-Pres't
S. STOKES, Treasurer & Secretary.
D. B. PATTERSON, I'mst Officer.
FKi':i>l']UlC
M>peciixl Juwcstjncnts.
S. Gillett, Joseph
S. Piice.
Turner, William
John T. Mi.nroe, W. J.Nead, Thomas R. Patton, John
O. Reading. Wm. H. Lucas, D. Hayoa Agnew. M. D.,
JOS. 1. Keefe, Robert Patterson, Thoodor C. Engel,
Jacob Naylor, Thos. G. Hood, Edward L. Perkins,
PHILADELPHIA; Samuel Riddle, Gl.EX Riddle, Pa
Dr. George W. Roily, HAjutlsuURO, Pa.; J. Simpson
Africa. Uunti.n-odon; Henry S. Eckert, ReaI)I.\-g;
Edmunds. Doty, iMlPPLINTOWNj W. H. H. Davis,
DOYLESTOWX; \i. E. Monaghan, WEST CnESTEK;
Chas.
Co.
OF NORTH AMERICA.
Cash Capital
Cish Assets
ft,<tnnnon
.......:...
Depoiit with Insiuanoe Department
President:
BiK ALE;t. T. GALT.
Managing Director:
NEW
NO. Ill
'.
40o'ooo
8i4|ooo
Vice-President:
Hon. Jas. Feuhikb.
Eiiwakd Rawlings.
YORK OFFICE:
BROADWAY.
D.J. TOMPKLV.a, Secretary.
Nl* Vo'.Ui BiIiKcroiiH— „'i-»eu.', w. Drojtal. A 7
no-,:i:,v ;•. vtrtor Newcvjj. .T-.h.-i Paton.
i)Miii
Tortiifje. t.;*. n- Wlnslu* ntsu-.n iViuian.
BOUoJHT AND SOLD.
WANTED:
New Bonds and Scrip.
Rome Watertowu & Ogdensburg Ists and Sdr.^
Oswego & R ime Ists.
EIl«^^eth City
V
etioto Valley First Mortgage Bonds.
Southern Securities.
ALBERT
:
Cor. of Montague & Clinton sts., Brooklyn, N. Y.
This Comp,TOy is authorized by special charter to
act as receiver, trustee, guardian, executor or administrator.
It can act as agent In the sale or management of
real estate, collect interest or dividends, receive
registry and tiansfer books, or make purchase and
sale of Government and other securities.
Religious and charitable Institutions, and persons
unaccustomed to the tr,ins,tctlon of business, will
ttnd this Company a safe and convenient depository
for money.
RIPLEY ROI'ES, President.
EDMUND
,....,
W. CORLIES,
TRUSTEES:
Vice-Pre
B.
Kcudall.H.E. I'leneiPOnt .M.r.-hi It, liaylbs
JASt. Lluss CUUKA.N. Seorelarj.
No. 145 BROABAVAY,
NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND
H3ee Quotations
SOLD.
of City Railroads In this paper.
THE
>VESTER]y
Farm Mortgage
Co.,
I.AWRENCE, KANSAS,
.
Josiah O. Low,
E. F. Knowlton, Henry K Sheldon,
Alex. M. White, John T. Martin. C. D. Wood,
A. A. Low,
Fred. Cromwell, Henry Sanger,
Alex. wcCuc,
JohnP. Iti.lfe, »> m. II. Male,
.Mich. Chnun'^ev. K *''. Cfirllcs,
Rn>l.-^v Rr.pi^^
Wm.
E. HACHFIELD,
No. 5^ Pine Street.
H. L. Grant,
W. Cooper, Allentuwn.
.Bonds of Surety shiip. The
Brooklyn Trust Co.
NO OTHER BUSINESS.
The Guarantee
Investment Securities
MAHLON
I".
NfW York
CAPITAL, $1,000,000.
act as Hacul or traii-sfer agent, or
CHESTNUT STREET,
DtHECTOHS.-Jamei Long, Alfred
IIP
Deaipnuted as a legal ]*ep<if*itory by (inier of Supreme Court. Receive depuaits of nioney on interest,
PHILADE1,PBIA.
Wright, Dr. Charles
politan Trust Co.,
Mills Building. 35 Wall St.
Company.
BOUND INVESTMENT BONDS fumislied to
H
KING.
THE
This company is a legal depository for moneys paid
into court, and is authorized to act as guardian or
receiver or estates.
INTEREST ALLOWED ON DEPOSITS,
G. Willinms,
E. B. Wesley,
C. D. Wood,
D. C.
lys.
Provident Life & Trust Co
3,701,436
-
TRUSTEES:
96
Parker,
F. Burger,
President,
JAMES M. MCLEAN, First Vice-Pres't,
JAMES H. OGILVIE, Second Vice-Pree't.
A. O. RONALDSO.V, Secretary.
....-.-- »:2,000,0n0
-
(i.
Johnston,
EDWARD
OF NE (T TORE.
Securttiep.
AMERICAN
FINANCE COMP'Y,
Schel),
Amasa J.
Samuel
Stokes,
M McLean,
George Cabot Ward,
WILLIA.M H. MACV,
^iuaiiciaX (C^ompmixcs,
Rem sen,
Johnston,
Edward
James
and females unaccustomed to the transaction of business, as well as religious and benevolent institutions,
will find this company a convenient depository for
money.
JOHN" A. STEWART, President.
THRKADNKEDLK BTRBBT.
R. G.
J. B.
Robert Lenex Kennedy
J. B.
Surplus,
BANKERS.
A. A. Low,
G. G. Williams.
Wm. Whitewright,
'gxnst (£>ompnnU5.
Zealand.
C. Vanderbllt,
E.XECUTIVE COMMITTEE
£1,600.000
770.000
Letters of Credit and Drafts Issued on any of the
numerous branches of the bank throughout Australia
-and
H. Frothingham,
George A. Jaryis,
I.
D. C. Hays,
James Forsyth,
George Cabot Ward,
Edward King,
E. B. Wesley,
D. H. McAIpln,
George B. Carhart,
Threadneedle
Paid-up Capital,
Reserve Kund,
S. T. I'airchlld.
C. D. Wood,
James N. Piatt,
.
Bank of
James M. McLean,
Ambrose C. Kingsland,
James H. Ogilvie,
Whitewright,
Henry A. Kent,
Buffalo,
-
$1,000,000
$2,000,000
Authorized to act as Executor, Administrator,
Guardian, Receiver, or Trustee, and is
by fie
Policies issued against accidents causing death or
totally disabling injuries.
Full information as to details, rates, &c., can be
obtained at head office, or of Company's Agents.
W«. M. RicHAUus, Prest. John m. Crank, Sec'y,
ROB'T J. HiLLAS, Ass't Secretary.
Geo.
---------
CAPITAI,,
SCBPIiUS,
SURETYSHIJP
BONDS OFmoderjite
charges.
this
NEW YORK,
OF
the protection of Policy-holders.
Assets, January Ist, 1»SS, $512,020 11.
Officials of Banks, Railroads and i^xpress Companies, Managers. Secretaries, and Clerks of Public Conrpanies. Institutions and Commercial arms, can obtain
DIRECTORS:
C
Kotterdam—De Wi8SEi>en-EFrECTBNBAKK.
Enschede-B. W. BLIJDEN8TEIK, JB.
Almeloo-LBDEBOER &
CO.,
BROADWAY, NEW YORK.
216
Cash Capital, $250,000, invested in U. S. Gov't Bonds.
$200,000 deposited with the N. Y. ftn. Dep't, for
from
OFFICE, AHISTEBDAIfl.
No. 55
&
The bonds of this Company are accepted
courts of the various States
1861.
Capital fully paid np.7,203,925 Guilders (»3,881,570-)
($365,237-)
KeserveFund
913,082.52M "
BEAD
XUl.
[Vol.
OITers to investors the best s'^curttics In the
FIRST
MORTGAGE LOANS
KAUMS.
UI'ON
market.
IMPROVED
Interest and principal paid on day of ma•urily in New YorK. Funds promptly placed. L-irgo
experience. No losses. Send tor circular, r,;fereiicee
lO'i sail, 'lie forms. I-'. M. PER!-; i.Ws, I'vesiJenl; .1. 'I'.
" Atxr,
Vt.-j-lrp^.: L. H. Kill;;;.;:, Secrttnrv
CiiAS. ^<'. eiLLiITT, rreas.; N. I'. a.^l;T, Auditor.
I
fjAlTOARY
THE OHKONICLE.
1880,]
9,
%nvzattatnta.
jl^yejctal
Geo. H. Prentiss & Co.,
No. 49 WALL HT., NEW YORK,
AND
SOS IHONTAGDE
J^irmui^i-Al.
^iuaticiftt.
The Itondholderg' Committee for the To liond and Stockholders of the
Uenver & Rio Grande Western
Reorganization of the Venrer A
Railway Company
Rio Clrande Railway Company:
We are advised by the Denver * Rio Grand* Reor>
:
BUOOKLVII.
ST.,
GAS STOCKS
Notice Is hereby (rivon that the time within which
the Stockholders of the Denver 4 Rio Urande Rail-
way Company may become parties to the reornanisatlon agreement dated June 10, 1H8S, as amended, la
JANCAUY 8, IBM. After that date
the stock will only bo roeelvM at the United states
Trust Company of New York, npon the payment of
1 per cent of Its faoe value.
New York. December 19, 1888.
By order of the Committee,
extended to
OAS SECURITIES,
Railroad Stocks and Bonds
Street
au> kinds or
jlsd
A. niARCV.S,
BROOKLYN SECURITIES
DEALT
w.
1'liENTiss.
i>.
We
Ilf.
BBB GAB QUOTATIONS IN THIS PAPHI.
Jitii. 11.
Secretary.
W. Walsh
I'BExrias. \V.
STATE OF ARKANSAS FUNDED 6*.
TOLEDO & OHIO CENTRAL RR.
Common and
Uemlwr N.V.StDck Kxch.
2d
St.
&
Manhattanvillc
Nicholas Ave.
St.
And other City Railway
JOHN
City Elevated
Securities,
DEALT IN BY
Couut)r &.
New Ifork
&
Greenwood Lake RR.
Oc
Fumled Bonds.
RR. Equipment
boi;ght by
TOBEY
Ohio Central
B>ds.
New
ai'c hcie i-ubject to examination.
To such as cannot make personal examination, we
will send full descriptive pamohlets. with nuraes and
addresses of investors, to whom we refer our custom-
Tork.
NOTICE.
ers fur a
The undersigned have been nominated by
special
FOREIGN BUSINESS
Ol''
HIS EXCELLE.NCY
THE VICEROY OF TUB PROVINCE OF CUIULl,
RUSSELL A
60 W^all
ST^^TVTOTV,
AND
18
BROAD
N. V.
tNo.
Ruction
ST.
STOCKS
DEALER
and
BONDS
At Auction.
IN
hold
of all classes of
qantations of Trust and Telesraph Stocks
n Saturday s KveniiiQ Post ana Daily Indicator.
(KoniTABi.E BniT.pixo
Banking House of NF.IIEK
&
CARPENTER, Troy, N. Y.
Kstablishcfl
UeorKanized
WESTERN
NOKTIIVVESTERN
tJUARANTY LOAN V.O
of the
iTTARAVTW
'"' Minneapolis, Mlun.
fua.k>,a...^±ljlj ijci rapiial. *2,lX)0,000.
c;ipital.
LOAN
COMPANY.
I
>
fMU.OM.
Author.
Paid up
Keal Kstate
SlortKaKes worth from two to
four times the amount of mortcane, net>.lnB investors 6 to 8 per
ct. Guaranteed by Co. Interest
payable at our Banking House.
Minneapolis, Minn.
(,
'0_11
Special attention given to
.-
L»OlieCtlOnS.C'""e<="'""
ces on
«n<l
Remltlan.
day paid.
r
Choice Mortgages on Imrr«Tr*=»«'t-mp»nf-c
111 V Co LlllCIl La. proved City Property.
Bank and othnr Stocks Bought and Bold.
BLAKE
?.
O.
Box
CO., Private Bankers,
IMluneapolIs, minn.
ic
320.
Farm Mortgages
U
'fm
Sums
of $100 and
Upwards on
In-
diaua uud Ohio Lands.
1'<0THIKQ SAFKK. ALWAYiS PROMPTLY PAID
6KM) KOK PAMPHLKT,
JOS. A. IVOORE,
}4 EaatniarUet St.. liidlanapoIlK, Ind
I
laEE.S-iBOKO, ALA.,
lOl. LECTION AGENCY
OK S. \V. f 11 hWK'K iCiirN TV TUEASURKKI.
jr
V
'ollecii'iiL'-1
'
lat
~
:,._,;
jiit'l
.|
!
t.'uiii
led for at lowest rates.
IlK!-KUi;..i:!;s:
(.ommui'ui
'.I
lii% >k,
Kc.ii;,
bc'.ma,
Mobile; Cuuun^rcial
Alu
Little
Rock RR. Bonds.
And.IUlscellaneons.Sccurlties.
BOUGHT AND SOLD
A. LANCASTER
4 'Wall Street.
By R.
&
CO.,
Bailey,
S.
Jb.
PINE STREET,
)
DEALINGS IN
INSURANCE STOCKS
J^tatjcmeut
gitiili
Ac
Carolina Central RR. Bonds.
North Carolina State 6s.
BIrintnghani City, Ala., 7s.
S^s
A SPECIALTY.
1824.
Ea-stern Representatives
&.
ineiuptals
YORK.
Seemy
s.
Charlotte A. L. R'y Bonds.
nempbls A: Charleston RR. Bond*,
WEDNESDAYS AND SATURDAYS.
TELECiR4PII STOCKS,
II. IMULLER A, SON,
Bank Stocks, Insurance Stocks. ABKIAN
No. 12 PINE STKEET, NEW
lt>fi8.
& Pine Ste,
PINK STRBBT,
B o IV r>
^aXjcs.
RAILWAY STOCKS, The Undcrsi.^ed EEGULAR AUCTION
SALES
GA.^ STOCICS,
STOCKS
ANB BONBS,
TRUST CO.'S STOCKS,
ON
CITY
NORTH-
No. 11
Flagg,
Nassau
IN
NASSAU STKEET,
'
C!or.
BROKERS AND DEALERS
Atlanta
21
&
Duncan Building,
BNTRANCB
CO.,
St.,
series of years.
\(tnit
Reed
COMMERCIAL AGENTS FOR TUB
EMPIRE OF CHINA,
16
again calls attention Ui these investments. There
are no safer securities in tbe market than these first
mortgage loans on improved farms at one third their
value, when negotiations are conducted by reliable
and e.vperlenced parties.
Record evidence of more than 40.000 trans
actions, representing
Investments in excess of
S!'.i.5,000,000, and covering a third of a century,
KIRK,
A,
4 Broad Street,
BOUGHT AVD SOLD BY
S.
MARTIN,
"Nlckel-Plate"
CO.imON AND PREFERRED,
jr.
B. C.
Committee.
8, 1886.
Railway
appointment
I
A. DICK,
New Yobk. Jan.
7 Per Gent Farm Mortgages
Pittsburg & VVe«tern RR. Ists.
EAST TENN. VIRGIMA & GEORGIA Tbe Corbin Banking
Co,, 1 \^S B>dway,
20 Broad Street.
"TELBPUONK CALL 727 NEW."
Toledo
of Illinois.
GKOKfJB COPPBLU Chairman,
LOWBKR WELSH,
THEO. GILMAN,
WlLIJAM
Firet MortgiiKe Bonds.
McOEORGE,
B.
Town Bonds
J.
Securities,
AJ..SO
Brooklyn
Pref«rrei) Siook.
EVANSVILLE, IND., « & 7«.
CITir OF
4-
ganlxatlon Committee that there are now on deposit
at Its dUpoeal an orerwhelming majorltjr of the MCurltles and stock of that Company, and over $2,000,000 In cash, from asaessmaot on the Mock, practically' assuring success to the reorganliatlon of that
Company, gome (l,800,000of the D. 4 H. G. Western Bonds are now deposited and at our disposal,
and we would remind security-holders that, to make
the plan operative, a majority of the bonds ought
to be depositeil before the 16th Inst. Falling that
depositors can withdraw their leourltles, at the
agreement will not be binding.
are assured by the 1). 4 R. G. Reorganization
Committee that no other or better terms will be
offered to the Western Company.
Cash paid at once for the above securities or they
be sold on coniniissi'm at seller's option.
;
OF TUE CONDITION OF THE
KEVORT
NATIONAL, I'AKK HANK, New York Ciiv,
at tlie close ol business Dece-nber 24, 1885
:
KKSOUKCES.
L'inna and discounts
tlO,602,6O3
6.034
50.000
SOO.OOO
Overdrafts
U. 8. bonds to secure circulation
U. S.bon.JS to secure (lejjosita
Other stocks, bond?, &c
Doe from other Natioial banks
inic from State & private b'ksA b*kera
Real estate
Premiums paid
Checks and other cash items
Kxcliangcs fur Cleai-Ing House
Bills of other banks
Fractional currency.nlckelsand cents.
Specie
Lcg,iltendors
Reiiemptloi\ fund with U. s. Treasurer
Duo from U. 8. Treasurer
Total
8118,394
1,710.455
4».wn4
975.i(71
5.«2o
10.021
2,»t:.w0
15B,7IH
l.tvin
5,4.55,2s9
2,181,025
2,250
171, OuO
14
a4
00
00
05
SO
45
47
00
»3
10
lO
53
35
00
00
00
»30,030,vtl» 16
LIAnlLlTIES
f2.000,000
1,000,000
KWJjiai
Undivided profits
43,000
Circulation outstanding
S2.011
Divldeiuls unpaid
Indivnluil depcislts subject to Check.. 12,437.200
im,7iU
Certldcites ot deposit
480.048
Cerllllert checks
77.070
Cashier's checks
I«,n21
Depnsitsof u. S. dishuri-iiiB olHcors...
11.474.41)4
Due t<i other N»ti"nnl ba- lis
Due to State and private bks 4 b'nkrs.. iM:',m
SurplHS
00
00
20
00
00
7a
4S
45
1U
:n
84
at
Total
taO.U U,21» 16
E. K. WuiGUT. Cashier of the national Park
Bank, X. Y. City, do solemnly swear thatthe above
ttutemuut istrue to iheb"si or my knowledge itnd
E- K. WIvlGHT, Cashier.
belief.
St tfl of New YO'k. County f N«w Vork
Sworn to and subscribed before me ihls 80th day
I.
:
W.
It.
.IA>. A. Miiltllll.I..
Xutary Public. N. Y. Co.
PKEUliE.N,
i
W. VAN V(i-inms,'n.rcclc.r3.
GL«J. U. POlTS!,
)
B.
%ntcvK5t, pinitlcutls, S:ic.
QFFICE OF WELLS, FARGO dc CO.,
No. 63 BROADWAY', Nkw Yo <k, Dec. 20, 13?5.—
regular semi-annual dividend cf FOUR PER
CENT has been declared by the directors of tkls
company, payable Jan. 15, 1886, at our oflflce. as
above. The transfer books will close Dec. 31, 188S.
and will reopen Jan. IH, 18H6.
The
11. B.
PA USONS.
AssisL^nt Sec'y.
ST. P.*UL IWI>.>EAPOLIS
THE
i MANITOBA RAILWAY
63 William
t
o.,
Sc
St.,
Np:w Youiv, Jan. 4, 1886. The usual qunrterly dividend of one and one-half per cent on the capital
stock t»f this company hss been this day dei-lared,
parable ill this office on and a ter Feb. 1, 1888, to
stuckli'ilders of recvird
Capital stock
Of December. 1883.
Correct— Attest
will
on that date.
Transfer bonks will be closed at S o'clock P. M.
Jan. 18. and will be re-opeacd at 10 o'clock A.M.
Feb. 2 pro.T.
E. T. NICHOL S Jr.. Assist ant 8cc^tary._
.
SAVINGS B.ANK,
METROPOLITAN
Nos. and 3 Third Ave., opp. Cooper lustitutt;.
1
SLXTY-FIFTU DIVIDEND.
New Vouk,
Dec.
8.
1885.
INTEREST for the half-vear ending December SI,
1883. at the rate of THUKE AND A HALF PKR
CENT per annum, will be credited to deiiosltors entilled thereto under the by-laws of the
laws of the State.
Interest pavttble January 20. 18S6.
S.
G. N.
,_.
.^
President.
^^_
ISLAND RAILROAD COmP»X.
C0NK I.1N,
LONG
W. s.-^EKDEN,
bank and the
Secretary.
DIVIDK.MI
iNO.
::i.
The Board of Directors have declared a quarterly
dividend of ONE Percent upon the capital stock,
payable Feb. I. ISS;'. Transfer books close .Ian.
""Jan' 'il'im
'" '" liENHY UUAVKS,
Trt-asu
THE CHRONICLE.
n
^iuattcial.
'gitmnciixl.
&
Albany
Susquehanna
CHAS. IJKfOER
PHILADELPHIA AXD NKW VoKK
Dot-euiber
the City Comptroller of the City of St. Paul, State
of Minnesota, imtil 3 o'clock P. M., on
CO.,
&,
'
condition of his health.
THURSBAY,
DREXEI, &
SREXEL, mORUAN &
The Committee of Bondholders hereby give notice
that a majority of the entire issue of bonds having
been deposited with the Central Trust Company, sub>
Jeotto the terms of the agreement of Nov. SI, all
iMDdholders who may desire to participate in the
benefits of a&id agreement, and who have not yet
deposited their bo^ds, are requested to do so on or
before the llth of January, 1886.
UriliLIS
6
maturing
Nassau
County of Ramsey Bonds, issued for the
erection of a new Court House and City
Hall Building, under an act of the legislature approved February 26, 1883.
00,000
City of Saint Paul Bonds, issued for the
erection of a new Court House and City
Hall Building, under an act of the Legis
lature approved February 2ti, 1883.
30,000
City of Saint Paul Bonds, issued for the
purchase of lands and for the erection
of Engine Houses, &c., for the Fire Department, unaer an act of the liOgisIature approved February 24. 18.S5.
SELECT FIRST MORTGAGES.
Kichange
York;
Place.
or,
Sam'l
New
l<^
viz.:
8100,000
1
St.
witti pre-ent cash value treble upwards of l^oan,
affording 7 to 8 per cent income; also guaranteed
Business Notes oi established merchiints of Minneapolis, running 2 t<i 6 months, ub.soluteIy secure,
affordln*! 7 to H per cent In advance. Kefer to Nat.
Bank of <'ommerce, Minneapolis; Chemical .Vational
New
J.
MacLean, Banker, 43
i25,000 City of Saint Paul Bonds, issued for
lands purchased for Public Parks, under
an act of the Legislature approved Feb
Yr)rk, aealer in api>roved In-
whom apply for particulars.
K. BAKER Dealer in Keal Estate & Mortgages.
Hlnneapolis. Minn.
ver-tmeiit!«, to
S.
$!J75,000 TOTAL.
Tbese bonds
Trust Company,
(INCORPORATED
miLK
45
ST.,
will
The nndersigned will
now existing under the firm name
S? '5* provisions of the charter, stockholders
llaole for an additional amount
11
INTEREST
ON DKP08IT8, subject
lo check, or payable at speciBcd dates.
Trustees under MortgaRes of Railroad and other
corporations, and fiscal AkcuU for the payment of
Boads, uoupons. Dividends, &o.
ALLOWKD
Mark
.
y^,\}i]i^^^\A\)^d^^^'^'
WILLIAM
T.
FOR
Due
bids "Sealed Proposals for Bonds."
Harvey Fisk
^
PARKER, T1IO.MA8
VOUNG MAN, AOTEBICAN,
21
years old, well educated, and with three
years'
business experience, desires a position with
a stock
or banking house where advancement will
merit and dovoUon to duty.
depend on
PIcuse address,
DRUMMOND,
Fifth
Box
I,9«i, P. O.
Avenue
HOTEL,
HadUon
&
WILLIAM W CRAPO
JOHN GOLDTHWAIT' Wo.
2§ Nassau Street,
PATRICK A. COLLInU
BTEW TORH..
Llbarall^
JLYSSfg^if 'L'o-USo'n!^''^- "« "» «»"^n'S^
Square,
The Largeit, Best Appointed and Moat
HITCUCOCK. DABLINQ A CO.
SALE.
PER CENT
1900.
Interest
TOTAL
BO.\D.S,
January and JiU;
ISSUE, $100,000.
COST OF WORK,
$125,000.
Interest puaranteed without condition liyC
of Moberly. Particulars on ai>pliculioQ.
i.
L,.
ROBERTSON,
IS VESTMENT
and
BROKER,
No. 7 NASS.IU
John O.Moore. W. K.
Moore
STREE1
Kitche.v,
&
G. 8.32.11.
Schley,
BANKERS AND BROKERS,
Sons,
26
BROAD STREET,
S'B.XS
New York.
UNITED STATES GOYEBNMENT
AND
OTHER DESIRABLE SECURITIES
Spencer Trask ik
For Investora.
AL.L STOCKS AND BONDS
Bankers,
Usted on the New York Stock Exchange
Bought and Sold on Commiaeion for Caah
Nos. 16 AND 18
Coupons, registered
ectea,
and placed to
Interest
credit, for
Broad Street,
Branch OmoEs:
and dividends colour customers, wlth-
nr„dl£ 19y WANT TO BUY OR SELI, ANY
PPTS
OR UAI,1,S ON »T<)« K!^ Oft BONDS.
write to, telOKraph to, solid tor, or call on,
-. „"• w. uosemjaiJm,
—
S4 Exchange Place, New York. ^~~
Telephone caU "Now HIV."
Cc
Transact a ffeneral Banking Busim
Deposit accounts received and Interest
monthly balances, subject to draft at sight.allowed on
out charge.
YOB
Branch Offices:
Connected with
72 Wall St., New York,
Irving a. Ev.^ss*
114 So. Sd St., Philadelphia.
28 State Street,
1419 F Street, WashinKton.
Boston.
Private Wire Connections.
Buy and sell Stocks, Bonds itnd Miscellaneomi
curlties on New York ItJxcbanges, also Grain
Provisions on Chicago Board of Trade.
DEALBBS IN
-
BOISSEVAU
BI.AKE.
FIRST inORTC\»E
SIX
PUP CHy
Comptroller, St. Paul, minnesota.
^""^'"^
WARRKN B. POTTER.V. TEMPLE.
JOHN M. GBAHAm, Prea't.
MBlfBY Tu. JEITBTT, S«c'r.
>.
;iL.
Moberly, Missoari, Water Works
for the accoptance of trusts created by Will or otherwise, and the care and management of property and
WII,I,TAM OLAFI.IN,
CJ AHI.KS MARSH,
n
BI.AKE. BOISSKV.VIN &. CO.
MEYUB wUI sign for
as a
JOHW W. ROCHE,
DIBECTOBS.
TH.
we have this day commenceil to carry .n
Banking and Commission business at tin
address, in co-partner.'*hip, under the style <j:
address
TKUST DEPABTmENT,
1>ni).
eral
M
"
Legal Depository for Corporations. Administrators
Kxecutors, Trustees, Guardians, and Courts of Law
COtTKT.
January.
BEG TO AC<IUAI>T YOr
F. B.
The"Coininis8ionerB of the Interest and Sinking
Fund and the Committee of Ways and
ana of
the Common Council of the City of St. Paul, reserve
the right to reject any or all bids.
EDMUND RICE, Mayor, Chairman of the Commissioners of the Interest and Sinking Fond.
WM. A. VAN SLYKB, Chainnan of the Committee
of Ways and Means.
Tmnsaet a General Banking Bnslnesa
ist
A. A. H.
WHOLE, OK Fon ANY PAST THEREOF.
equal to capital stock.
COPTHALL
I.ONDOX, K. C,
"^yE
STANTON BLAKE,
accrued interest, as provided by aw.
Bids will be entertained for all the bonds,
are
of
DREXEI., HARJES & CO.
31 Boulevard Haussman, Par
DREXEL & CO.,
DREXEL. MORGAN & 00
JOHN H. HARJES,
EUGENE W[NTHROP.
be issued in denominations of
delivered to the successful purchaser in the
City of Saint Paul.
No bid will be entertained for less than par and the
BOSTON.
8ICCEED BY SPECIAL TRUST GUARANTEE
I
PARIS, December .Ti. IRR
continue the copaituurB
ONE THOUSAND DOLLARS EACH,
$500,000
lOO.UOO
..
T ST>TE)BUJS.
W. PAUL, Jr.,
CHA14LE8 H. COSTER.
JAMES
And
1»7».)
CAPITAL,
SURPLUS,
EDWARD
Mr. H. J. DeLANOY
Arm by procuration.
ruary 20, 1883.
International
J. DREXEL,
PIERPONr MORGAN,
HOOD WRIGHT,
GEORGE C. THOMA^I,
GERGE 8, BOWDOt.N',
TIIIRT¥ Y£ARS,
Issued for the following purposes,
agencies,
On Improving: Western JProperty
Bank.
J.
County of Ramsey. In the City of New York, dated
January 1st, 1886. Principal maturing January 1st,
1910 (30 years), and payable at the said financial
incor-
CO.,
ANTHONY
All bearing: Interest at the rate of four and one-half
per cent per annum, payable semi-annually at
the financial agencies of the City of Saint Paul and
(
Office, 150
in
6c
NEW YORK
{^^
porated uihUt the laws of Jowa, with a Capital Stock
of $1,000,000. 8u(cee(liMKOitMsnvBKos.&C().,
KnimettsburK. Ir>wa, Okmcby. Cm'te & o., Mitchell,
IMkota, "UMSBY. Ghaves h Co., Huron. Dnkotu,
Bankers and Mortgage Brokers, oner (suarantocd
Mortgages, Debenture and Scho<:il Bnnds. Their Demand Investmeut Cert iflcates, dnoTing 5 per c-'Ut.are
attractive for parties witli funds idle for a short
time. 20 years' experience. Write for pamphlet.
Home OfDce, EinmetMburg, lon'R.
New York
DREXEI., inORfiA.N
(SEMI-ANNUAL COUPONS ATTACHED.)
8%
0/
/b
'0
DREXEI. & CO.,
PHILADELPHU
and County
of Ramsey,
JAMES,
The American InTestmenr Company,
The undersigned have this day formed a copj
nership for the transaction of a general Foreign i
Domestic Banking Businessin Philadelphia and N
York, under the Qrm names of
City of St. Paul
HARRimAN.
OlilVER
CT.
or THB
JOHN S. KENNEBY,
ADRIAN ISELIN, Jr.,
I>.
PER
BONDS
ROOSEVELT,
J. A.
CO.,
NEW YOKK
^37^3,000
flj^)
CO.,
PIIILADELPHU
Jan., 1886,
FOB
FIRST MORTGAGE BONDHOLDERS
OF THE NEW YORK CHICAGO &
FOUR AND ONE-HALF
ST. LOUIS RAILROAD CO.
'
1885.
111.
fcire existing In Philadelphia and New Yc
nnder our respective firm names expires this d
according to its terms, in consequence of the dei
of our late esteemed partner, Mr. FRANCIS
DREXEIj, on the 15th of February last.
Mb. BGISTO p. fab <RI, to our great regret,
cldes to retire from active business, owing to I
54 trail Street.
The Twenty-Eighth Day of
n.
"PHE COPARTNERSHIP HERGT
LI.,)
CITT COMPTBOLLER'S OPTICE, ClTT HAL!.,
t irl' Olf SAIXT PAlHi, Ml.X.NKSOTA,
December 28, 1B85,
feo.S
Sealed proposals will be received at the office of
LIMITED AMOUNT FOR SALE BY
X
IFiMaiiJCial.
Sealed Proposals.
CONSOLIDATED SIX PER CENTS.
A
[Vol.
Connected by Private Wiret.
I
'
Philadelphia, 183 South Third Street
Albany, N. Y., 65 Stale Street.
Providence, R. I., la Westminster 8
Saratoga, N. Y., Grand Union Hotel
xmtk
HUNT'S MERCHANTS' MAGAZINE.'
BEPRESENTING THE INDUSTRIAL AND COxMMERCIAL INTERESTS OF THE UNITED
VOL.
SATURDAY, JANUARY
42.
NO. 1,072
1886.
9,
STATiSaL
1884 is 6'6 per cent in the aggregate, but outside of New York
reaches not quite one-half of one per cent. The pa^t year can
properly be divided into two periods of six months, the first
C01IMERCIA.L AND FINANCIAL Chboniclk it pitblWied in
being the era of loss and the last the period of gain. In the
iV«M) Tork every Saturday morning.
former the decline in the whole country was 27 •! per cent,
IBntered at the Post OQioe, New York, N.Y., as seooad olasg mall matter. J while for the six months beginning with July 1 thera has been
B. DAN.%. ic Co., PubltKher*, an excess of 19' 6 per cent, which was, however, not heavy
WILUAM B. DANA. WlliliI'Vm
YORK. enough to fully wipe out the early loss.
79 dc 81 Willlaiu Street,
FLOYD.
lOKH O.
Post OFficii Box 958.
NEW
I
>
\
Twelve Months.
CLEARING HOUSE RETURN'S.
returns of exchanges for the week under review make
than our telegraphic statement of last Thurs-
The
s better exhibit
New York.
day seemed
Boston
many
Hartford
Portland
The figures cover only five days at
to indicate.
of the important cities, but compare with a like number of days in the previous year; the increase in the whole
country reaches 12 '7 per cent, while outside of New York the
per cent. New York Stock Exchange share
transactions cover a market value of $108,189,000 for the week
of this year, against .|l81, 716,000 for the same week a year ago,
«nd after making our usual deduction of double these values
4rom the New York totals, the clearings of other origin are
(Been to be 1391,719,197 and $357,176,478 respectively in the
Awo years, or a gain of 9'7 per cent.
lezce^-s
4-2
is
Wtik JCnding Jan.
issr.
Wetk BnAinq Dec.
2.
Per Oeat.
tit!
1885.
22,810,000
6,822,597
Providence...
3.796.076
2,169,7791
Springfield....
Lowell
Tot. N. Eng.
405,699,316'
48e<>eJiu....<lMrM.)
1836,731,152
-I-53-9
{l.«84,274)
(l,5S!i.257)
;-(-»-7)
<1,B9S,008;
(+482)
balet.l
ia38,eoo)
(317,700)
(-I-6-6)
(388,400)
(-13-2)
<0rain...btulu(ij
<P<tral«um.M>l>.)
(22.588.000)
(33,403,000)
(-82*3)
(22.810,000)
(-I-14-1)
(42,9i»,000)
(29,416,000)
(+46-0)
(39,930,000)
(+470)
ISl.MT.SgS
170.094,062
4,136,500
-rl«-5
166.853.360
4,255,800
1,303,283
+32-9
+13-7
+11-5
KCbtton
4,674,800
ftoTldanoa..
Hartford....
1,774,1>M
931,902
888.754
797.189
519.760
.Port] and...,
"Worcester
.
Spriagfleld.
iMweU
Total
N
Enxland
fhlladelphls
mtUburif
'aaltimore
Total Middle....
dUeafto
+15-4
$74,523,289
+21-9
t48, 125.080
6,511,812
+33
6,722,445
10,806,223
-0-S
-4-0
-13-9
$(SJ,206,379
105,207,453
—31
MUwaukee
Detroit
fadlanapolla
2,477,845
Oereland
2,015,77'
1,122,427
1J571,712
M9,705
Peoria
Omaha
«,SH5.S9fl
DeiiTer*
3,01«,4«1
t40.108,287
8,031,200
3,977,316
2,249.079
l,2oo,099
1,850,392
1,804,794
741,112
1,916,394
—
41 .!i55,H50
19,1-23,769|
...
13,623,2881
6,70«,»13!
10,339.9.12
7.213.971
«,631,8t8j
-10-6
1,218,018
-f-8-9
1313.17:1
+ 10-4
420-5
-28-8
1,475,021
«26,7B6
+29-12-2
+9-2
+30-9
—14-5
-t-88-0
2,616.833
+29 5
Tot. West.
St.
St.
Louis
Joseph
-3-0
114.010,562
690.666
+10-6
-H>a-«
10,895,873
3.816,082
-e-i
+13-4
+15-8
-20-0
10,188,387
4..327,0ni)
4,182,002
-6-6
+6-6
+23-6
1,607,563
+48
10,2.S5,:«S
I,M,S,745
Total Southern..
San Francisco
t870. 0gi.fi24
>2«2.^.-,.M27
in total
3,401,086
+432
1,699.668
133,668,500
-0-2
134,080,316
112,684,358
-13-0
18,826,041
>772
ti.S.S.093
t2S2,li>9.6l7
H-12-7
...
New
Orleans..
Louisville
City...
Memphis
Tot. South...
Francisco.
Total
all
Outside N.Y..
New York
Twelve VoiOhs.
December.
Stock— Sh'r'8
Value
RR.
Par Value
Actual
Average
Par Value
Actual
Aver^g*
or Quantity
Value.
Price.
or Quantity
Valvu.
Price.
10.8.18,485
41022-i277(X)
663,615,510
64-9
»7M.735,200
11,426.700
$1,086,050
$19,470
t60,083,351
tl,657,127
$253,516
76-3
bonds..
Gov't bonds.
State bonds.
Bank
+
+!»•»
23-4
MOo
270.8:.'5,0()0
111796,121,7571
l,204,198,&30i
five-day telegraphic statement of clearings is given
below. The exhibit is very favorable, and comparison with the
corresponding period of 1985 shows a large increase both at
New York and at other cities.
4 D'ye End' t Dec 31.
Vive Days Ending Jan. 8.
1886.
(s)u.)
Philadelphia..
1880.541,187
1161
$660,659,400 $449,699,233 681
$17,018, 147 117-1
$15,261,200
$14,678,0531
t4.231,4»l 28-8
$!,02I.9.-iO|
$1,143,227 110-9
Our
Sola of Stock
Boston
14-0
64-1
I
»W,355 101-8
$241,t)6i;585l89 2-5c.' 3,332,459,0(10 3,218,-226,535 91
19,4«O.9i)Oll,005,583,19O $51 OJ
1.9;5.70fl
J94..13-A«7o'S47 75
16,3,136,247 $142,544,2161 87>«c.;i,882,421,518 1,818,460,074 86c.
stocks.
Petr'l'm.bbls
Cotton. bales
tiraln...bush
New York
»»4f.810
0.')5:
.
332,825,869
.
Total value
492,169
OalTeston*...
Not included
-(-10-2
3,306,6-^3
Peoria
+29-7
+5-6
113.690,161
tl3,282.028
800,054
1,572,529
New York
—18-3
7,602,100
3,633,73
+23-2
3,201,696
•
142.910,812
I-4-6
+6-5
3,312,580,100
Description.
161,518,298
|(31,453,8£)
1,257.809
Ontslde
+0 2
~+'24'8
-(S-7
163,753,501
3,689.696
ToUlall
9,245,190
161,882,091
-f4-6
3,687,363,084
2,520,182,729
469.31H.010
631.717,134
Baltimore
ChioaRO
Louis
St.
.
$433,950,233
(1,655,7121
(1,935,481)
66.178,902
53.428.798
68,375,714
58,290,150
11.355,527
tl2,90l.396
48.402,000
14.942,382'
1888.
1S8S.
$009,983,937
4:1,634.090
14,839,032
PerOnt
$441,677,693
+9-4
(-14-8)
(1.337,187)
(+16-7)
+489
60,477.482
33,581.158
6,84»,863
—i«-a
-(-40-8
+39-5
+14-4
+10-9
+0-7
+28-2
ll,048,4ij«'
8,616,319
For the moiith of December the total exchanges show a New Orleans...
+87-8
Total
$835,976,041
$609,061,068
from the figures of the preceding month.
+12-8
62,408,298
68,956,846
The decline, however, is entirely at Nhw York, for outside of Balance, Country*
that city thnre ia an increase exhibited of about $70,000,000.
Total all
$894,988,887 $661.469,863
Contrasted with 1884 the month records a gain of 20 2 per Ontslde New Vork ••184.948 950 2?75I9 130
•cent.
For the full year the loss in comparison with the year
' Jbtlmatod on the basis ol the last weekly letnras. t
«light falling off
+ 1-3
Our usual compilation covering operations on the various
exchanges is given below, and embraces December
-18 and the year 1885.
8
2,701,033
Vemphls
.
+0-7
-9-8
147,678.783
3,200.949
Kanaaa CIt j.
890,470
t79,115,483
8.418,800
«t. Lools
flt. Joseph...
Raw Orleans.
IionlsvUle
-t-2-6
+13-0
-(-31-2
(91,231.924
141.932,890
Total Western..
849,353
777,224
459,885
8,926,401,606
202.907,348! +13-8,
40.H«7,2.W: +0-9
14,662,611 +32-5
10.733,746 +26-M
+320 San
816,025
716,001
088.348
t4;.4»1.313
0.434.949
9,300,117
4Sbiclnnatl
<3oliiinbiu
2,047,988
750.501
+13-0
-13-4
+24-2
+4-4
-«-5
230.803,423
Kansas
'BoMon
-Qr9
+1-0
-2-7
—0-2
rhlcaffo
Cincinnati
-•1
+r4
+0^
37,585,774
24,735,386
282,541,0031+16-9
+101
8,243.327.658
214.SI8.300
81.-34,837
45,421,10^
,S«,rtl0,03?
."W.hSl.US
3S,092,58I
23,115,119
330,239,883
—
Columbus.
+168
+202
199,672.750 +23-8
337,401,523
3i.004,:«4'
50,8«;l,»13
Cleveland
t520.S08,47H
81,146,576
4\8H6,114
Tot.Mlddle..
Pittsburg
Baltimore
Indianapolis..
teoe,o»7,i»7
+110
2.374.490.310
350,171.593
681,918,197
Philadelphia..
...
Tort
«/-
8,483,1."M.891
21(1,465,200
3.493.690 +17-7
3.064,529 +18-4
3.082,886 +23-1
2,135,519 +16
(1,145,803
4.11l).S8»
3.62«.fil2
Worcester.....
Detroit
1883.
300,593,185 +205
18.885,900 -T2U-8
362,.S8I.3<B
Milwaukee
20.
*
8,238,803,368 2,378,899,828!+361 28,152,201,336 80,985,871,170
...
-lS-8
+4-3
30,372.000
+25
10,SOI,738|
+0-04
+3-4
8,466,346
$381,709.^
+5^
44,078,435
+10-3
$688.786,984
+80
-=l^
•1R4 108 541
Partly estimated.
THE CHRONICLE.
32
we
dition
THE FINANCIAL SITUATION.
The money market
balances, has this week not only
lost its
reason for the apparently
have
the
advance in the nominal rates on Tues-
unjustifiable
as reflected in the rates for bankers'
upward tendency,
day to
[Vou XLII.
much higher than
figures
No
transactions.
those ruling for actual
was
suggested
causes
week,
last
first
the
lib-
from the disburseerated supply of
banks and other
the
dividends
by
and
interest
of
ment
corporations, and secondly to the new supply the market
has received through the payment of $9,528,346 by the
Treasurer for January interest. The movement from the
funds resulting
interior has continued quite free;
we
notice that reports
from Chicago and other grain distributing centres look
for a good demand for money in those sections, which in
view of the large supply of wheat carried in great part we
suppose by the banks in those localities, does not seem
unreasonable.
If the holders of this wheat should be
compelled to let go their stocks, the opposite result might
be experienced, as it would put out of employment funds
As to the commertied up in that speculation now.
cial inquiry here, it is very moderate and no change
in rates is apparent paper is scarce and the demand for
;
it
good.
London have dropped
England minimum still
Discounts in the open market at
to
2|-
per cent, while the
remains at 4 per cent.
Bank
A
of
significant fact is that the drain
Bank has been only
the Bank's minimum,
of bullion from the
in part stayed
the advance
this week's return
showing a
in
loss of
by
£150,417, and the proportion of reserve
brought out by the high figures ruling for
drafts
cial
them
and
;
if
the tension should be relieved in
Europe the
course of our market would presumably be downwards.
An important feature in the events of the week has
been a further decline in wheat and silver, wheat being
now
at
ver 46
tation.
the lowest price for the century, and sil716d. per ounce, or below any former quoWhen we last wrote about these articles we
go lower, and we see
no reason for thinking that the bottom figure has been
reached even yet. So long as we choose on the one
hand to pile up and retain our wheat supplies here, in
other
tosight of European consumers, and on the
disturb the world's markets by trying to hold up the
stated that they were pretty sure to
by statute while advertising its discredit
in the Treasury which no one
Heretofore,
will take, this demoralization must continue.
the silver advocates have claimed that the cause of the
decline in silver was the expectation of the stoppage in
But as this late downward turn has come
coinage here.
since the opinion has prevailed that no change was to be
made by Congress, and even since Senator Beck made
that "wonderfully stirring speech," perhaps some other
reason for the tumble will be looked up.
As a help to
any investigation we would suggest that there is a stock
of old silver in the world of say 3 thousand million^
dollars, and that the annual production is only about 115
price of
silver
through the accumulations
by cable, which we are
though as we write we have been able
to get no correction of it,) reduced to 32 per cent, the
lowest since May 16, 1 883
furthermore, the amount of millions hence, anything affecting faith in the old stock
bullion now held is only £19,964,811, the lowest total must evidently be far more important as an influence in
since Nov. 19, 1884, when it was £19,752,916, with 5 per the market than a mere withdrawal of a portion of the
cent as the official rate.
These facts go to show, as new supply; in fact, the new supply is a mere bagatelle in
stated, that the Bank of England has not yet obtained the comparison, and yet our attention is wholly absorbed
control of the bullion movement, notwithstanding its by it, while European nations are quietly getting into shape
manipulation of the open market and its 4 per cent fqr securing a gold currency. Furthermore, the plan
minimum.
Another important fact, which, presuma- we are puTsuing" directly discredits the' metal which we are
bly, must have an influence upon the Bank governors trying to bolster up, for every effort against natural law
is that France and Germany have also been losing bul- reacts to the disadvantage of the object which it seeks to
lion, that from Paris probably going to Berlin, and the aid
at the same time, in this case, by our action we
to liabilities
(if
correctly reported
inclined to doubt,
,V
;
.
;
;
accumulations at Berlin being absorbed by Russia
;
with,
own bullion holding so low as stated, and
with such a movement 'as described in progress between
therefore, its
the chief continental
(making
utterly
destroy not only American influence but
the
influence of every one trying to re-establish or enlarge the
use of silver in Europe, because the governments of the
old world know so well the danger our currency is inlGermany to maintain current and that if we are left alone the catastrophe will come in
rates of discount), there seems more reason for anticipat- due time and be for them the best solution of the silver
ing a further rise in the Bank of England minimum than problem they could ask, as among other things it will
a decline if this drain continues, for the Bank will cer- give them all our gold.
tainly seek to divert from itself to the banks at other cenThe railroad industry, which has led other industries ia
cities
it
necessary for the
the Banks of France and
ters
this
drain of bullion hitherto so strongly setting
towards Russia.
In the existing condition of our foreign exchange market the financial situation in Europe cannot but have an
important influence.
policy, to drive
We are striving,
abnormally sensitive to
tion.
rial
So with
through our silver
and hence our market is
every inducement in that direc-
gold from
this tension
us,
abroad unrelieved, any mate-
reduction in the rates of exchange
is,
to say the least,
the present
march
of activity, continues to afford manifold
signs of improvement.
net,
come
in
all sections,
Gains in earnings, both gross and
from many
different roads
the exceptions
of
and from nearlyfew and
losses being very
generally unimportant.
It is true that, as a rule, the
with very poor returns a year ago our
railroads then being in a most wretched state as regards
comparison
trafiic
the
—
is
conditions and income
better showing
now
of
;
but while this
some
may
deprive
of its significance as
Bankers here must, under these circumstances, against what would be
its importance if we were comparkeep themselves in a position to respond to any sudden
ing with a period of fair, average conditions, yet it show*
demand from their correspondents abroad, and therefore this much, that the railroad
industry,"for the time being at
they will draw only enough to meet current requireleast, has got out of the dumps, and that the outlook parmeote.
Probably
in
these
facts
and this con- takes of tha hopefulness begotten by the change. Of course
unlikely.
t
given,
at
the
to
;
and the adof checking business, was only
explanation
vance, which had the effect
but has been decidedly easier, the average having fallen
continued
to Thursday morning, when the previous rates
done
to about 2 per cent, though some business was
The current demand is now fully met by
restored.
were
somewhat
at 1^ and even 1 per cent, the close being
maturing
bills, together with a few commerofferings
of
due
is
change
This
about 2 per cent.
better
'
'
January
;!iose
THE CHRONICLE.
1880. J
9,
branches of trade that are directly connected with, or
—like the iron
and
rellect this change in a marked degree, and
steel trades
thus for the moment are favored with activity and
orders beyond any other line of manufactures or busiA continuance of the upward movement, however,
ness.
would soon bring other industries within the range of its
lependent upon, the railroad industry
—
action.
At
are experiencing a temporary draw-
moment we
the
back in the snow storms and generally severe weather that
certain sections of the West and Northis prevailing in
But this is only a temporary circumstance. Snow
storms and the ensuing blockades and interruption of
transportation, are natural accompaniments of the seawest.
and
son,
always occur
at
time
this
the year.
of
measure with the
prosecution of work, and are severer in one year than
in another, but they are always to be expected, and
their coming marks merely the advance of the season.
they
course,
If
(
a
in
interfere
Being thus a distinctive peculiarity of the season, the
for mischief which attaches to them is correspond-
power
ingly limited in time.
ually gains in force
Besides,
dollars.
lasts, is
It is
—
not a disturbance that grad-
the coinage
like
not an altogether unmixed
cent silver
while
it
already the
for
evil,
are looking forward to a better
anthracite coal carriers
demand
of 78
severe winter weather, even
33
and the comparison is with earninga
year that had been swelled by the New
crease of competition,
in the previous
Union Pacific also has a loss—
$181,94 1 in net for the month on which the stock declined
yesterday, but examination of the back figures discloses that
Orleans Exposition.
—
the
November
net in previous years had
been unusually
(though the totals in that month are
never up to those of the months immediately preceding),
and moreover the loss this year is the result entirely of
well maintained
heavier operating expenses, gross having slightly increased.
The Denver & Rio Grande, which is now reported to be
suffering from snows, has improved $63,044 over its net
for November, 1884, and for the eleven months is $303,'251 ahead of the previous year.
Even the Philadelphia
& Reading is coming to the front with good results.
To be sure, the statement for the fiscal year ended
November 30, 1885, just issued, shows a deficit below the
amount needed to meet fixed charges of $4,597,881, or
$1,242,630 more than the $3,355,251 deficit of the previous year, which had been deemed extraordinary.
But in
a great measure
these figures
represent a past condition.
few months the coal trade has undergone an
important change, which materially alters the aspect of
In the
last
things.
A
afforded
by the income account
better
indication
of
the present situation
for
November by
is
itself,
& Iron commore net than in the same
Should the improved demand for coal
which shows on the Railroad and the Coal
panies combined $318,839
for their product.
As illustrating the gains in earnings referred to above, month of 1884.
we may point to a few returns received this week. The continue, Mr. Gowen might find his task of reorganizing
Cincinnati Washington & Baltimore, which last week the company simplified somewhat.
seemed to form an exception to the generally improved
The following table exhibits the receipts and shipments
character of trunk line earnings, has since then sent in its of gold and currency by the New York banks during
exhibit for the third quarter of December, also showing
an
Then W3 have had the Erie statement
increase.
November with
sylvania
&
Ohio leased road in both years) of $209,188 in
was a
had been
Week ending Jan.
a gain (including the results on the Penn-
We
gross and $122,149 in net.
have seen
stated that
it
much
disappointment, that a
this
the week.
for
gain
larger
lUceivedby
8, 188a.
Net Interior
Movement,
Shipped by
N. T. Banke. N. T. Banke.
Currency.
Oold
«l,;58.00fl
(S4S,000
Gain. {1,413,000
11,758,000
tS45,000
Qaln..tl.413,000
Total KOldandlesal tender*..
The above shows the actual changes in the bank holdby this movement to and
it is fully as favorable as any one had a right to expect, in
from
interior. In addition to that movement the banks
the
view of the fact, that the higher tariff rates established
looked
but
for,
our
in
estimation
ings of gold and currency caused
the Ohio
&
a return for the same month, which
is
From
counted only in part during the month.
^Mississippi
we have
likewise quite good.
have gained $4,500,000 through the operatioasof the SubAdding that item to the above, we have the
Treasury.
following, which should indicate the total gain to the New
But the improvement in earnings is not limited to the York Clearing House banks of gold and currency for
the bank statement to be issued
trunk lines. The Atchison in the Southwest and the Bur- the week covered by
to-day.
lington & Quincy in the Northwest also report gains
on the former the net has risen from $742,683 in NovemWeek endint Jan. 8, 1886.
Into Sankt. Out Of Batik: Net Change in
ber, 1884, to $997,.534
and that fact, as well as
stockholders on the new exten-
in
the offering of rights to
sions proposed in Kansas, caused a sharp rise in
the stock
of the company in the Boston market early in the week. That
the managers should enter upon the expenditure of so
much
Kanas extensions, is evidence
hope in the railroad world, and how
increasing the business of the iron and steel
at once of the revived
that works in
and kindred industries. From Texas, we have a statement
from the Houston & Texas Central, under receivers'
managexent, for October, which cannot fail to cheer up
the bondholders, for even after taking out renewals
in
1885,
Pacific
were
for
expenses,
as
against
Coast
snowed
December,
the
only
the
under
1885,
left
$157,531
(Jregon
last
of
report
On
lines,
net
Nashville, in
is
—planters are
holding back cotton, there
Total KOld and legal tenders.
113,758,000
17,845,000
Gain. $5,913,000
The Bank
England reports a decrease of £150,417 bulThis represents £235,583 received
from the interior and £386,000 net shipped abroad. The
Bank of France lost 6,180,000 francs gold and 3,054,000 francs silver, and the Bank of Germany since the last
report has lost 15,560,000 marks. The following indicates
the amount of bullion in the principal European banks
this week and at the corresponding date last year.
of
during the week.
Jan.
the
an exception to the rule of increase, but to
account for its losses there are at least three explanatory
causes
Gain. tl,413,000
Gain. 4,500,000
is
Oold.
which
estimated
&
t345.000
7,500,000
as
against only $7,600
Louisville
«l,758.000
ia,ooo,ooo
$261,419
1884.
Navigation
year,
The
net
in
of $204,900,
net in December, 1884.
the South,
gross
an
.
Banks' Interior MoTement, as above
Sab-Treasury operations
lion
capital as is involved in the
well
Bank Holdingt
1885,
in-
8,
1886.
Silver.
Jan.
Oold.
i,
1885.
Bilver.
£
Bank
Bank
Bank
ot England ....
of France
of
Oerman;*
.
Total this week
Total prevloas week
.
20,722,768
19,964,811
46,057,686 43,293,117 39,931,010 41,027,726
16,378,060 14,523,840 11.727,450 14,333,550
82,400,557 57,819,087 72,381.228 55.361,276
g3.216,,">34'58.3U.631 72,403,206 56,375,604
* Acoordlnc to recent Informationtrecelved, we cUanfte the relative
proportions of gold and sliver In tbe Bank ot Germany. No omolul
returns are Issued.
THE CHRONICLE.
34
[Vol. xa.II.
quite up to those of the extraordinary total of 1883
$160,949 through the Sub-Treas- not
Assistant but no more striking evidence of the marvelous growth of
ury for domestic bullion during the week, and the
the business in recent years could be given than is afforded
House.
Treasurer received the following from the Custom
by the simple statement that in 1882 the sales footed up
Oontitting of—
only 646 million bushels, and in 1881 only 488 million
The Assay
VaU.
Office paid
Dutie$.
eoid.
Jan.
7
2,500
3,000
2,000
5,000
Total
J2,714,244 98
$13,000
"
4
"
5.
•'
6
"
Silver €ertiflealet.
Besides, while this development in corn and
wheat options has been in progress here, the same description of business has grown even more rapidly in the West.
Passing to the Stock Exchange, we have figures with
which the public is perhaps more familiar, but of even
Here there is no way whatever of
greater dimensions.
speculative and other sales, but a
between
distinguishing
bushels.
$194,000
359,000
298,000
335,000
350,000
«50,000
62.000
75.000
74,000
69,000
$830,000 $1,534,000
¥330,000
$81,000
187.000
169,000
214,000
180,000
$500
$325,600 38
fill, 903 59
543,105 02
627,371 78
006,264 21
2
Oold
Oertifie't.
Holi day
1.
••
JT.B.
Nota.
Included in the above payments were $7,000 in sUver very large proportion is of the former class. The following is our record, by quarters, of the sales during 1885
coin, chiefly standard dollars.
The great revival and
of the various kinds of securities.
SPECULATIVE TRANSACTIONS IN
1885.
Any review of the course of business during the past
year would be quite imperfect that omitted a record of the
esting.
scarcely appreciates the ex-
One
speculative transactions.
increase of activity that characterized the last half of the
year, makes the division into quarters particularly inter-
options and futures are the form in which operations
are chiefly conducted, and so common have these transactions become, and so greatly has their scope been
ties,
extended, that
there
to-day
trade that has not
its
scarcely
is
a
branch
own Exchange, where
of
dealings
of this description constitute a feature of daily growing
importance.
"We can to-day, however, only allude to the transactions
oa our New York Produce Exchange, and to the dealings
on our Stock Exchange, as representing two distinct types
of speculative operations, and even with regard to these
we can do little more than simply present the figures as a
matter of record. Here is a statement showing sales of
flour and grain on the New York Produce Exchange, by
months for the year 1885, by quarters for 1885 and 1884,
Both spots and
and the aggregates for five years.
futures are included, but in the case of wheat and com
at least the
almost wholly of the latter
transactions are
detcription.
SaUs.
Shnres.
[Two ciphers
(00)
Second Quarter
Third Quarter
Fourth Quarter
..
Total
Xarktt
Bbls.
February....
'
March
|
April
i
May
3nn^
i
1
July
'
August
Feptember
!
:
KOTember.
December
.tC,
AT
NEW TOHK PKODnCE
EXCHANGE.
omitted from tlic figures for Wheat, Com,
Oats, Barley and Rye.)
Whmt.
C(jm,
Bush.
Jlush.
323,656
287,845
14S..W3.o' 30,672.0
74,421,0
309.415
867.107
111,120,0
201.075
260,648
240,304
314,400
328.110
313,570;
Barley
JcMall
Oats.
l«t quarter,
M quarter
14,678,063
Total
267.145
202,980
253.380
208.425
l,021,9:ill-
i
299,868
238.882
298,535
305.952
1,143,227
«
%
66.653,400
3.788,565
72,451,418
6,230,470
1,190,988.155 114,200.500
2,145,561,185 196,333,845
3.581,005
4,338,107
479.459
692.312
650.416
2,409,301
5,479,859,840;449,699,'i58
17,918,147'
4.231,401
1,286,318.985
866.991.515
Second Qaarter
Third Quarter
Fourth Quarter
8,066,400
RR.Bnnis. Qoi»,B'nds\stattBrnit\ Ba nk .Slnct:
I
The above does not embrace any sales outside of the
Exchange or at any of the minor exchanges in New
York, nor does it take cognizance of the sales at the
exchanges of other cities, and yet we have stock sales for
the year of 92^ million shares, representing a par value of
over 9 thousand million dollars. The entire amount of railroad stock outstanding at the beginning of 1885 (according to Poor), a considerable portion of which, however, is
not listed on the New York Board, was only 3,762 millions,
total of outstanding stock.
two and a half times this
The actual market value of
was only a trifle short of 5^
the 92^ million shares sold
Bush. Bush
Bush.
If
dollars.
we count
Total.
senting two distinct accounts
Bush.
other the seller
647.5
61,9
26,20«,0
6,541,5
876,5
95,0
108,709.308
29.281,0
12,136,0
170,2
96,5
154,17«,067
142.806.0
36.137,0
12.906,0
122,
109.652.0
190.183,817
2'<,9;
193,158.281
28,852.0
9,823,0
83,0
9,5
149,274,a)8
90,572.0[ 28,194,0
8.079,0
51,0
28,9
128,097.816
81,716,0' S4.022.0
9,417,0
11,0
24,8
116,27!,648
121.649.01 23,480.0
18,071,0
8.5
159,623.300
146.793,0
21,869,0
12,119,0
22,0
182.279.416
145.348,5
25.188,0
11,798,0
396,6
41,8
181.182,(!fl5
31,391,0
10,092,0
593.5
20,9
154.449,528
26.241,0
5,830,0
274.0
8,0
162,021,380
248.6951
108,23J,0
228,740
125,639.0
Sa quart«r
334,513,(1 125,655,6 2,674,9
445,6 1,882,421,618
870.915]
829,043.o: 88,139,0
82,520,5 1,194,2
263.4
45,3.069.217
•81
809,fl«5
807.442.5
80.3,0
447.225,727
"a^'
828,830
783,336
882,814
971,845
791,005
095.217
S42.5TO.o| 98.183,1;
86,124.3 1,155.8
S0.8O8.0
206.7
67,0
470.5*1,435
240,012,0 117,65,5,4
86,338,6
'85
'84
ttb quarter
:
'85!
'84
'85
'84
98.068,6
350,158,0
69.371.0
34,607,0
226,5 1,123,9
11,0
64,7
801.205.0
68,297,2
25,821,0
107,0
462,1
882.220.6
814.683,0
85,820.0
27,720.0 1,263,0
».536,0 1,!M1,0
244,1
71,303,0
Total 1885.... 3.873.564 1.403,951.5 331,513.0 125,655.5 2,674,9
Total 1884. „,. 8,560.093 1.163.812.5:355,312.1 123.519.9 2.730,3
4,646,985 1.524.745.0 62S.608.ti *4 1,202,8 2.567.6
Total 1883. r
.
Look
Rye.
18,843,0
Total 1886. 3.873,564:1,403,951.5
)88«
Totll 1881
9.477,563
15,261,200
6,328.900
—one
—we have a grand
properties of 11 thousand
each sale as repreand the
the buyer
total of business in
million dollars.
But
it
share
will
be
of interest to see how 1885 compares with other years in
the matter of these stock transactions, consequently we
give below the aggregates back to 1875.
NDMBEB AND VALUE OF 8HARE8 SOLD AT NEW YORK STOCK EXCHANGE.
'
October
ToUl
3,785,700
92,538,94- 660,669,400
Stockt.
First Quarter
1
1,271,700
1.267.700
2.661.100
3,130,200
T'al«<».
thousand million
Bluur.
January
t
$
21,084,808 97,225,900
13.900,048 111.364,150
20.697,476 179,849,300
36,766,615 272,220,050
so that the sales were nearly
BALIS OF FLOUR, WHEAT,
1886.
BB,jBond«. Gov'tB'nds StnteBnds BaiikStdcK
Par Value. Par Value. Par Value. Par ValUf.
Strtck.
tent to which this class of business is carried on till one
examines the figures bearing on the subject. In commodi-
|6.166,455;
5,1918901
70,5
at the item of wheat,
1
Values^
Stncks.'
Av'ge
Shares.
Price. (approximate)
64-1 16,479,869,840 1879....
1888....
82,538,947
1884....
9e,154,97lj 61-77
5,939,500,000 ;1878....
ag,87S,&9» 54-lOj 8,157,869,6811
18811....
97,049,909
64'51
6,260,809,961 'l877....
49,832,960
188S.... 116,307,8711
6612
7,680,463,436 ;1876
S9,92e,990< 5340, 2,132,050,489
...
62-20
2,601 ,280,61»
898,8S1,412
458,174,843
400,255,608
800,663,523
417.186,577
445,6 1,882,421,518
2.623.1 1,663,548.319
4.632,1 j2,417.726,U33
648.470.51445.172.8 I5i,037.0 1,700.0
1,'269,228,748
488.8fl4.2!833.8:«).0 62.765.6 2,067.4 l,619,l| 812,048.005
1
Fear.
18S1.... 114,511,248! 71-69
1880....
97,919,099
69-60
8,197,606,403 'l875....
53,813,937
63-20
2,862,903,683
6,819,086,054
* The shares of stocks we take from the record kept hj the Journal of
Commerce, except for 1885, which are our own compilation.
t The values of sales are tiie llgures made up by The Fublie, eicept for
1885, 1881 and a part of 1883, which are our own.
As
the
first
six
months
quietness and inactivity,
if
of
we
1885 cover a period of great
take the last six months as
which absorbs most of the the basis of the present volume of transactions the total
the year of 1,403 mil. sales for twelve months would be in excess of the figure
lion bushels, and this simply on the New York Exchange for 1881 and approximate very closely to the unprecealone.
"Why, it represents more than three times the dented aggregate of 116 million shares sold in 1882;
average crop of the last two years, and yet the receipts of values would be not nearly so high as then, but still they
actual wheat at New York in 1885 were only a trifle over would be almost 1;^ thousand million dollars greater than
24 million bushels. It is true that the aggregate sales are they actually were in 1885.
speculative interest, with sales for
jAjfUAAX
THE CHEONICLE.
0. 1886.]
position of the
CLEARLVaS AND FAILURES IN
Lists of
itive
well as statements of
as
failures
a two-fold interest
1885.
—as records of
indication of the future; for,
if
the past and as an
the effect of these varying business conditions, as seen in
the varying degrees of activity they have produced, we
must give the following statement of clearings for the two years
by quarters, with percentages of increase and decrease.
always throw more or less light'in both directions. Of course
the more obvious teaching of the fail res is simply historieal;
but that phase 's of very
prise can get out of
We
it
some help or hint for future
purpose as briefly as
Bgures for 1885 of
we can
^^essrs.
service.
to attempt this with the
R. G.
Dun &
;
press with the close of business on Thursday, the
last
we did not have time then to comment
and therefore only gave a brief summary of the
We now
results.
publish their table in full
.
ISH5..
18<H..
-i;.
in mercantile credits, except subsequent to
the
—
May panic
to speculative
49.607
59,071)
Percent
IIARTFOKD...
.1885.
1884.
PORTLAND
1883.
1884.
Percent
W0RCBSTKK...1SS.'5.
1884.
Per coot
...
wholly disappeared before that year closed
first
—depression
quarter of 1885 progressed.
LOWBLL
no abatement in the unfavorable
currency conditions, while all reports respecting the winter
wheat crop were very unsatisfactory besides nothing to
1885.
1884.
Eng;. .1885.
1881.
Percent
PHtLADEli'A..
.1885.
1881.
Tatal ailddle.
1885.
1884.
It was not till the latter part of June that affairs began to
wear a better look. At first it was the strengthening
financial conditions that
the
reserves,
largest
attracted attention, (I) the
our
Clearing
House
Bank
institutions
ever held, (2) the Government's gold balance increasing
notwithstanding the large interest payments made, (3)
1885.
1884.
in
to develop
the
fall.
At
the
same
promisingly (with the
time crops began
18*4.
winter
wheat) and rumors of a settlement of the West Shore,
N'ew York Central and South Pennsylvania|Jdiflaculties
—0 8
10,574
10,918'
—8-8
8,487
9,697
9,W1
-12
10,904
11,895
6,800
9,014
8,T29
$894,097
941,370
$918,656
953,893
$»II.1."»
-f9-7
561,014
690,889
571.920
578.953
—18-8
—0-4
89.413
140.404
142,170
161,943
38.008
37,589
+1-8
7.187
23,115
84.789
$.9,926,403
707,099
578,031
2.»74,4«0
2,320,188
3.687,363
+8-5
-6-8
90.832
99.177
358,178
469,316
$955,819
$3,312,380
3,621.218
489.802
568.466
578.704
592,807
500.567
523.586
-29
-24-1
—r»
-66
838,039:
-S-5
-H4-1
+7-1
—7-4
$1,202,514
961.705
-t-250
581,918
631.717
$794,651
818.027
-2-2
-8-5
-2-4
$792,627
993,236
43,711
44,904
10.886
9,330
151,889
160,831
$769,483
971,914
44.012
88..W1
!W.610
-2-7
-93
-8-4
110,389
119.166
11.537
lO.OiS
35.331
147.719
1
-12-2
107,014
116,112
4S.806
45,481
+10
+32-3
87.400
96,353
—363
152,528
161.221
81.8iiS
18,»4»
11,789
-t-9-8
830.393
-3-7
—381
Sl,l«7
-0-8
5.39U
-10-5
82.527
1SS.382
-HC8
81.748
18.086
4,831
-12-8
-21-1
8i6.4aa
814.848
ft3.«S5
-H40
—13-4
—50
67,178
-fl51
+8-3
5.700
6,534
5.4.17
8.'M3.WS
+7-4
f9-8
9,021
9,368
8,972
9.412
:),4«i,iss
858.080
+20Z
-5-7
—4-7
-Ifl
1,071,118
I
689.500'
S8I.575!
-H8-6
2318.570
2,866.43*
+8-3
1
105.488
108.065
122.3621
44.5.850
-3-3
118.146
460.489
+5-3
-3-3
I
1983.
1884.
4:1.303
Per cent
.1885.
30.118
31.920
law.
CLKVBLAND.., 1885.
-fllO
+80
65.931
73.813
-9-9
I
25.896
23.550
25.241
+6-5
19,331'
18.638
+3-7
-fl31
-10-8
142.294
133.612
42.4061
34.8121
-1-21-8
16.831
14.789
28,302
-8-2
186.503
176,851
I
-28-4
22.546
24.565
1884.
Per cent
56.814
46,5051
+21-4
37.232
33,541
14,570
19.808
-239
Percent
+2-2
-2-4
15.196
10.978
1884.
41.147;
33.339
-5-7
Percent.
INDIAN AP'S.... 1885.
42.186
—2-0
32.S«
fl-6
DKTROIT.,
S0,194
SO. 408
9,503
lO.SSi
-7-9
-12-5
Year.
$9,747,086 $28,152,801
6.815,870 30,985,871
•fSS-l
—8-8
-HJO
ToUI
faj-7
50.508
48,768
11,409
10,819
-7-8
Per cent
MILWAUKEE!..
+1-3
29,878
ia9.561
106.O43
27.622,
-f8-2
19.89li
17.684|
—^3
t
COLUMBUS
..1885.
15.890
15,789
1884.
Per cent.
18,373
17,911
17,321
18,833
—6-0
fO-6
-8-6
69,475
69,717
-0-3
+12-5
I
PBORIA
.1886.
Tot. Weotern.
1885.
188-1.
—19-8
—130
t7»4.220
832,131
$S£n/W8i
-IIT
Per cent
10,658
10,402
9.427
1U.833
9.642
11,996
1881.
Per cent.
11.089
:0.827
+2*
+1-9
$815,211
40,759
44,068
-7-5
i
887.582
773,9971
$991,020
853.809
-4-1
+31
+18-1
$3,372,349
3.32M.519
+13
I
ST.
LOUIS
.1885.
180,801
1884.
aie.iiio
0RI.BAN8
.1885.
155, 7T3
53,529
58.38J
1885.
1884.
1885.,
1884.,
FRANCISCO.
Total all
1883.
1884.
134.6781
129,SS0
+0-4
Per cent
1884.
Tae approach
38.708
35.044
+4-7
j
143.010
143.SU1
386.364
455.061
+ 1-0
-131
58.8101
50.0001
217.749
211.6t>8
+17-6
+8-9
I
222.235
177.175
63.691,
50.038
+27-3
+25-4
22.953
22,419
67.704
60.040
+2-2
+12 8
$.963,578
$503,336
353.373
4»i2,597
$1,889,800
1,724.180
+3-2
+8-8
140,474
140,888
-20
148,221
14-<.316>
—
+0-1
-H-0
-8-3
(I-2
I
562,»ta
556,890
+10
$9,060,793
12.604.330
$8,863,288' $9,543,698 $13,547,996 $41,015,767
11,986,989{
9,203.317 10.U".3l2i 43.903.0aa
$2,002,483
3.378.556
$3,075,126
3.338.739
—281
-261
—9-4
-12-3
Percent
60,677
44,917
-Hsa
$397.3671
414.648!
139,072
138.581
1885.,
1884..
UuiKideN. Yk..l885
obtained currency, the latter being fully confirmed the
third week of July.
This
settlement was a most
+Tb
$425,611
494.060
52.287!
59,8181
730.130
785.208
10.488
7.638
+36-7
+16-3
9.845
6.625
-13-9
Percent
+7-2
B,008
7,816
+8-4
13,355
i-i.tr"
+18-3
+2-3
51,487
50.238
+42-4
21.551
18.33?
202.434
188.881
+12-8
57.101
40.091
+27-6
.1888.,
1884..
Pfrcent..
8.
54.733|
60..388
48.956
36,809
187,188
182,963
—12-8
-93
-31
Percent..
Tot. Sonthern
95.8711
—240
—260
1884.
.
73,839
113.228
1884.
MEMPHIS
9.6381
9.44t|
-f2-U
-23-7
Per cent.
LOHISVILliB... 1885.
Per cent
KANSAS CITY.
-3-9
7,548
10,149
Percent
N.
188,7071
190.448,
—161
Par cent
ST. JOSBPH... 1885.
Per cent
exception of
19,845
20,000
—13-8
Per cent
CINCINNATI... .1885.
foreign exchange off several points and looking like gold
imports
19.400
23,331
Pnnrth
Qiiarcer.
-^4«-4
-HIO
-208
Percent
caiCAOO
+91
-fllJ-9
—11-3
-5-4
1884.
encourage enterprise had occurred, nor was anything anticipated, in view of the dull summer season approaching.
— 1.V9
'
806.700
7»7,688
49,115
55,335
534.428
677.308
Par cent..
languish, there being
;
-3-3
9,913
Porcont
So too
subsequent to the inauguration our industries continued to
-38
-6-8
Percent
Total N.
814,059
841,461
-18 8
Porcont
;
increased as the
8.0
1881.
Poroent
railroad building
—
J8.M0
-S9-0
«.2S«.774
PBO VI UK.NCK...1885.
1884.
;
$6,518,641
6,a)«.171
8M,l39i
..
and disgraceful developments of official faithlessness in
financial institutions
and (3) later on in the year to our
Presidential election and the vague fears which its result
so widely excited lest a change of parties might cause a radical change of policy, disturbing Government credit and
deranging industrial interests such a fear being the more
general because it was so evident that the Treasury position respecting the currency and silver payments was every
month becoming more threatening, and calling for greater
skill in management.
For the reasons last above stated though the peculiar
conditions that produced the panic of 1884 had almost
(5,788,1«2
IHM.
;
management due
|A,0U8.»li!
I
Per cent
when for the time all confidence was gone but (1) in the
PITTSBURG ..1885.
1884.
monetary situation because of silver coinage and the conPercent
sequent exports of gold through the spring (2) in cor- BALTIMOaS.. .1888.
porate
Third
Quarter.
701,871
1881
—
Second
Qonrter.
1885
SPBINGFIKLD .1885.
more clearly the meaning of these records,
by remembering first the leading features which have dis
tinguished the course of business the last two years.
One
can best describe 1884 by calling it a year of distrust not
see
KIrst
Qoarter.
-88-9
Poroent
BOSTON
on a subse-
quent page.
We shall
Ninv
day
of the old year, but
it,
~
by
Co., aided
The Messrs. Dun issued
oar annual tables of clearings.
it was given to the
their report very promptly this year
upon
CIIIM Reporting
unless business enter-
little use,
Government, but can never be wholly quieted
removed. To illustrate
until the cause of the irritation is
clearings
correctly viewed, they
35
i
+40
+;M0
$3,025,047
2.917.176
'
+4-3
I
I
-«-6
$.9.800.9IO:$12.88:!.Sfla
3.264.6t)0| 12.919.137
—0--,
+16-4
I
of the storm which broke over the country
important
industrial event, its direct action being the in the May panic of 1884 is not disclosed by the above^
removal of the chief obstacle to a complete restoration of as it had been gathering since 1881, while this statement
confidence in railroad property, thereby stimulating only covers the two years but the course of the depression
development in it and all dependent trades; while indi- following it, is marked in the figures for the last two quar;
rectly
it
affected every branch of business, confidence like
distrust being infectious.
From
that date progress has been
obvious and marked, interrupted in some measure the last
month by renewed anxiety felt respecting our currency,
which
is less
disturbing simply because of the imp'OTroa
ters
it
is
of
will
1884 and the
be noticed that
first
all
two quarters of 1885.
1883, and has been proshowing better than the third.
confined to the last half of
gressive, the fourth quarter
For
the improvement in clearings
THE CHRONICLE.
36
comDecember made no
clearly, bringing out also the fact that at this center,
pared with November, business
in
CleartDKS Outside
New
York.
1884.
1885.
prce
Niintber oX^atlnres...
Amount of liabilities
—9-«
— 17-3
Numberto yearns number
3.307.561,801
4,618,809,718 —28-4
1,122,184,206
1,235,935,031
.
«,769.878,888
4,019,575,756 -31-1
869,502,251
1,051,831,815
8,983,904,540
3,964.101,638 -24-7
971,146,619
1,088,946,500 -10-8
April
2,897,129,885
4,056,296,304 -28-5
1,029,141,142
1,153,986,070 —10-8
Mar
2,993,941,592
4,528,437,842 -33-9
996,104,311
1,199,231,719 -16-9
Jane
2,970.494,409
3,402,428,586 -12-6
1,048,158,728
1,005,714,481
Jnly
3,471.361,075
+8-5
2,984.252,677 2,983,593,069 +0-0
+2-9
3,022,390,897
3,112,022,471
4,444,948,995 8,495,942,446 +27-1
4,541,210,474 3.101,538.914 -H6-4
4,539,260,441 3.512,860,937 +26'2
1,095,246,090
1,019,118,253
.
August
Septamber
October
November.
December
.
41,015,767,248 43,905,007,805
Total
1,222,263,903
1,005,618,628
1,300,867,073
1.133,981,109
+4-3
+V-3
+1-0
+4-6
+11-6
+21-5
+14-7
12.363,565,912 12,919,136,635
-0-5
3,199,031.698
943,155,233!
933,820,334
1,010,593,559
965,906,388
1,«65,!802,798
1.125.086,321
of clearings is useful in this con-
One other statement
—
8.658
3,296
2,821
2,127
140,186,978
$48,121,051
$38,372,6431 »33,338,271
34-39 per c't 30-05 per ctl 3C-72 per c't: 31-87 per c't
Liabilities to year's liabilities 37'13 per c't 17-76 per c't 22-20 per o'tj 32-83 per c't
•iecond Qiuirter—
. .
Januarr.
Febnurj
Marob
First Quartet
Number Of failures..
Amount of liabltitles
Number to year's number
PrCt
1884.
1885.
XUI.
Failures.
r
progress, but suffered a slight check.
CleannffK Total All.
[TOL.
8,214
$84,204,304
2,346
128.601,304
2205 per c't 20'19 per
1,816
1,470
$27,816,391
$17,242,649
19-77 per c't 21-82 per c't
c't'
1609 per c't
Liabilities to year's liabilities 23-02 per c't 3<'20 per ct!
TMrd Quarter—
Number of failures
Amount of liabilities
Number to year's number
16-98 per c't
1,300
8,346
1,803
$56,627,821, $52,072,884 $18,942,863
21-30 per c't 19-83 per c't 19-29 per c't
Liabilities to year's liabilities 19-22 per c't •2502 per c't 30-12 per c't 18-65 per c't
2,173
»23.874,S91
2043 per
c't
:
Fourth Quarter—
Number of failures
Amount of liabilities
Numberto year's number.
2,744
1,841
3,118
$32,0'23,751
$45,324,324
$51,612,254
28-37 per c't 29-88 per ot' 2732 per ct
Liabilities to year's liabilities 20-63 per c't 2008 per c't 81-59 per c'tl 31-54 per c't
7\)lal
2,460
f
»2B,623,575
2313 per
c't
'
year-
Number of failures
Amount of liabilities
10,968
9,184
8,788
10,637
»124,220,S21 $226,343,4271 $172,874,1721 »101,547,6«4
i
reader to see how business activwith a speculation at the Stock
The increased number of failures the last quarter of 1885,
shown above, has no special significance. The beginning
ity culminated
Exchange very inuch larger than ever before, the new and close of every year are times of peculiar strain, and as
stocks and bonds added to the list that year for railroad there are so very many more merchants with small capital
construction and scrip dividends being beyond precedent. than with large, the amount of the liabilities seldom follows
It also shows that since that date the contraction in
in proportion, the latter being controlled more by other cirand this year, notwith- cumstances. Thus for each year given in the foregoing statebusiness has been constant
standing the improvement during the last six months, the ment the first and last quarters taken together cover nearly
year's total compares unfavorably even with last year, and sixty per cent of the total number of failures, the total for
The table those quarters of 1885 being the smallest, or only 57-52 per
is 22^ thousand millions smaller than in 1881.
It enables the
nection.
in 1881,
;
gives
first
the clearings at
outside of
New
New
York, and
York, next the
clearings
those for the whole
finally
country, for eight years.
New York
Total
&
Inc.
Clearings.
Dec.
-9-1
30,085,871,170 —17-2
1888
»28,1 52.201 ,338
1884.
1883.
37,434,300,872
-202
1888
46,916,955,031
-50
1881
1880
1879
49,378.882,888
-I-27-9
38,614,418,223
29,235.673.829
1878
19,858,671,307
+32-1
+47-2
^a-7
Total Clear-
Year.
Per
ings Outside
New
Ct.
Inc.
York.
A
Dec.
Per Ct.
Double
-0-5
-8-4
$12,863,565,912
12,919,136,635
1884.
Per Ct.
Inc. &.
Stock Sales.
Dec.
»10.959.719,680
-7-7
H7,192,481,656
-5-1
12,521,619,922 -18-6
-5-9
15,378,906,872
18,335,012,806 +18-2
13,638,172,108 +64-9
19,108,871,170
-10-0
-23-3
24,012,680,950
-210
,&
11,879,000,000
Dec.
31,537,948.159
—1-4
3:^,041,870,077
+321
24,976,276,1151
-{-191
+M-5
20,962,406,889;
+3i0
4,2M ,539,162 -18-2
15,604,132,1451
-3-2
8,273,287,140
Clearings in the Whole CorxTRT,
Lesa
Double
New York
Per Ct.
Inc.
Stock Sales.
1885
Clearings
Less Double
Stock Sales.
Inc.
&
Dec.
Per Ct,
Including
Stock Sales.
-6-1 141,015,767,218
—17-9 43,905,007,805
—13-9 61,537,860,331
-3-8
60,711,532,549
47.002,187.304 +29-1
63,337,200,200
130,056,047,568
32,026,007,805
39,016,240.459
45,332,525,877
Inc.
&
Dec
-8»
-148
-151
1883
1888
14,103,559,509
-I-2-2
13,794,577,518
1881
1880
13,960,317,317
-1-2
+22-7
11,375,400,000
-f22-4
36,351,670,115
-f20-2
49,989,848,223
+29-7
1879
1878
9,290,800,000
7,955,100,000
+16-8
-6-2
30,253,206,689
23,559,238,145
+28-8
38,526,473,829
-f38-5
27,813,771,507
-6-6
Turning now
to the
—»1
report of failures, the
that will probably attract attention
is
first
the great
-^•1
-f26-7
feature
number of
The total
disasters which have occurred the past year.
has only once been exceeded since these records were published and that was in 1884.
In liabilities, however, 1885
shows a large falling off, being almost fifty per cent less
than in 1884. Do not these two facts find a full explana-
what has already been said ? The enormous liabili1884 were a special feature, never before equaled
due to remarkable conditions and the severity of the
tion in
As
the year's number.
to the liabilities for the
1885, they are especially small, being less than
for the same six months of either of the other years given
last half of
And
above.
Clearings.
Per Ct.
Tear.
cent of
on that point
quarter of
1
interesting to note that
it is
not begin to expand
these liabilities did
the last
until
882, the contraction in business not being felt
an extent as to make an impression in the list of
we had been going down hill for a full year.
But after the expansion began, there was a pretty
steady increase up to the quarter covering the May
panic of 1884, then they culminated, but still kept very
large until the second quarter of 1885.
'This very material contraction in liabilities for about nine
months now, taken in connection with the other trade conditions previously referred to, furnishes abundant reason
If no currency danger disturbed our
foi" encouragement.
calculations, they would afford a pretty positive promise of
As it is, however, though we anticipate
future progress.
that business will be better than in 1884 and the first half
of 1885, we cannot look for unfettered or prolonged prosperity
for it is impossible that capital should go to work
fearlessly so long as we are coquetting with such an insidito such
failures until
;
One other
year's statement of
for to an extent it modiThat is, though the numfies the gross figures for 1885.
ber of disasters is so large, within a trifle of the number
for 1884, yet when taken in connection with the number in
business, the showing is not quite so unfavorable.
have therefore prepared the following table which covers
these points for the four years, and sufficiently explains
ous
evil.
failures
feature in
remains to be referred
this
to,
We
itself.
ties of
Pacific,
Tears.
Eastern. Middle. Sonth'rn Western
&c.
Total.
;
pressure beginning long before that event, and, relieved
only partially in the last six months, is well marked by the
1885.
Number in business
Number of failures .....
Percentage of failures
to number in business
numbers of merchants with small capital which have been
dropping out of the ranks all through 1885. For depres1884.
Number in business....
sion when so prolonged is a very severe trial of the
power Number of failures
of endurance
and furthermore, it must be remembered Percentage of failures
to number In business"
that not by any means have all trades shared in even
this
96,414
261,564
142,175
1,261
2,496
2,346
358,610
8,308
61,218
1,230
919.990
10,637
1-31
0-96
1-85
0-92
201
1-18
92,381
278,093
2,692
142,894
2,291
336,910
8,360
64,481
1,876
1,341
904,759
10,968
1-49
0-93
1-60
100
!i-48
121
90,331
1,197
262,021
2,136
135,159
322,877
53,605
1,844
2,061
1,046
863,69*
9,184
1-33
0-82
1-36
0-92
1-95
10ft
88,689
248,748
126,291
1,667
1,618
808,485
1,9S0
50,059
772
731
822,860
6,788
0-87
0-67
1-88
0-63
1'48
0-8»
;
1883.
late
improvement,
many
closing the year with apparently
Number
in business....
no more promise than they closed 1884. Following our Number of failures
Percentage of failures
division as to clearings by quarters given
to number in business
above, we have
compiled in similar style the failures for four years,
so as to
group these results in corresponding periods
and make
the COmoarison nnorn n«irfo/<t:
1882.
Number In business
Number of failures
Percentage of failures
to Tiiim^*^ In husinPFS
January
TBB CHRONICLE,
1886. J
9,
RETROSPECT OF
The year
crisis of
1884
PAII.URR»
1885.
was one of remarkable recovery.
188.'»
—the
trated the financial
1st Quarter.
The
Years.
sequence of that five-years' period of
wonderful railroad building and speculation
—had
pros-
country, and the question was seriously asked
whether
1870
1877.
1878
1879.
18H0
1881
1882
18S3
1884.
1885
.
.
and manufacturing interests of the
tion to a
years for a restora-
five
TItH
TEARi.
!
$e4.)l44,l.';6 «43.771.273i»47,8.57.37]
ft4,538,074 4^,l"i8,0!^7| 42,346,0-15
82,078,926 48,753.940 «6.37'(.:m:i
4:4,n'2,8(W
22,660,725
12.777,074
20,111,6891
24,447,2.'>0
16,49!t,3!>51
33,S38,271
38,372,643
4n,18C,«78
46.12!, 051
17,242,6491
27,816,3911
84,204,3041
28.601,301'
.
FOR
2d Qnarter.lsd Quarter. 4th Quarter. Total Yew.
Amount.
Amount.
Anioant.
Amount.
.
.
it
Amount,
QDARTXR
UACIf
l!»
.
.
might not take another period of
37
15,275,550
12,121,422
10,112,385
18,942.893
52.072,R81
56.627,821
23.874,391
934.844.803 $101, 117,780
48,7 : 7,1(80 190,600,936
37,172,003 284,39v<,13Z
17,094,113
fl8,14».(J63
20,741,815
H5,7.52,0"O
30.0«n.!l22
81,155,932
32,022,751 101,547,564
&4,«12,254 172,874.172
45,324,324 226,343,427
25.623,575i 124,220,321
normal and healthy condition.
For the purpose of showing at a glance the industrial
The year dragged on till June with little prospect of and financial sta istics, which present a sharp comparison,
better times; then the quiet incipiency of the New York of the two years 1884 and 1885, the tab'e below has been
The figures relating to the production of
Central-Pennsylvania-West Shore negotiation began to compiled.
wheat, corn, cotton, iron, coal and petroleum in 1885 are
make itself felt in the stock market, and thenceforth
necessarily approximate, and the estimate of the best
the spell was broken.
As the movement was further authorities is
taken in each case. The average mileage
developed and its success became assured, the whole situ- operated on the 59 railroads whose
earnings for the eleven
ation changed, and starting from the New York Stock months are reported, was 45,919 miles on Dec.
1, 1885,
Exchange as a centre, the improvement broadened outward against 44,753 Dec. 1, 1884. The estimate of gold in the
until commercial and manufacturing interests were also United States has been reduced $30,000,000 by the U. S.
embraced, though to a less extent, in the beneficent Mint Director, making that much reduction in the coin
influences of the resuscitation.
There has hardly been a and currency figures published last year. The immigration
parallel instance in which a single negotiation carried on statistics are now given exclusive of immigrants from
between private parties (in this case three railroad cor- Canada and Mexico, and the totals for 1884 are therefore
porations)
has
primarily
raised
the
whole
stock reduced for comparison.
market
crisis,
from the depressing effects of a financial
and secondarily extended beyond those limits
and
1884.
Coin and currency in U.
Mercantile failures
Imports of merchandise
Nov.
8.
1
imparted a healthier tone to the financial inter(11 moe.).
whole country. And yet this course of affairs Exports of merchandise
(11 mos ).
Gross earnlugs of 59 roads. (11 mos.).
was somewhat abnormal, since a general rise in stock Railroad constructed
(miles)
Wheat raised
bushels.
prices usually follows, not precedes, an improvement in Corn raised
bushels.
Cotton raised
bales.
the commercial situation.
But the transformation in Pig iron produced (tuna of 2,000 lbs.).
Anthracite coal
tons.
1885 was based almost entirely on the one idea of a toler- Petroleum
bbls.
ests of the
1885.
$1,511,588,110
226,3i3,427
587,090,867
658.022,273
198,958.844
3,977
512,763.900
5,669.021
4,589,613
$1,556,914,798
124,220.321
535,630,032
614,362,889
199,592,437
3,10O
357,112,000
1,936,176,000
6,669,000
4,480,000
30,718,29:-'
31,5(10,000
23,704,510
391.693
21,025,000
314,899
1,79.=^,52H,432
ably certain status in railroad profits, whenever the companies are placed in such a position that they find it both
Immigration
practicable and necessary to maintain rates.
eral prosperity in the agricultural districts, except as to the
I.
(11 mos.).
Agricultural Products.
—The year 1885 was one
of gen-
The foreign trade statistics of the United States could winter wheat crop, which was heavily short. The Agrinot be considered gratifying. Under the influence of hard cultural Bureau estimates the total wheat product of the
times and a strict economy the imports of foreign merch. year as 357,112,000 bushels, or about 155,000,000 bushels
andise fell off, but this was not supplemented by such an less than in 1884, and this loss was mainly in the Ohio
as might have been expected, and in Valley, and in Missouri, Kansas and California.
But for
1885 stocks of cotton and wheat were corn and cotton the year was preeminently good, and the
accumulating in the United States, while prices were low estimate of 1,936,176,000 bushels of corn makes the crop
and foreign buyers still refused to come into the markets- much the largest ever raised in the country, while the
This unusual condition of affairs was mainly to be current estimates for the cotton crop place it about 1,000,-
increase in exports
the last half of
accounted for by the bad condition of trade in Europe.
The business of 1885 was not hampered by any friction
or breakage in the financial machinery that is, the bank",
;
000 bales ahead of
bales.
1884, or a crop of about 0,670,000
A view of the relative values
we
thing but agreeable, as
find that
of these crops
if
they were
is
any-
all
laid
money market, the Stock and Produce Exchanges, all down in New York, the three great crops of 1884 would
worked well, and no trouble was experienced with these have been worth $1,685,708,143 on Jan. 1, 1885, and
the
vehicles of trade
and speculation. On the other hand, the
fear of a disturbance to our currency by a continuance
of
the silver dollar coinage was a serious drawback, and
much to prevent a perfect restoration of confidence.
it
did
The
mere possibility of a suspension of gold payments and
placing of the currency of the United States
on a silver
basis, with the consequent withdrawal
of gold as a circulating
medium, was
sufficient
to
throw a cloud over the
future.
The
tile
business failures of the year, compiled by the mercanagency of R. G. Dun & Co., were particularly interesting.
those of 1885 worth only $1,598,646,643 on Jan.
1,
1886,
at the prices prevailing
on the respective dates.
that this calculation
purely arbitrary, and only good for
is
It is
obvious
the purpose of comparing the two seasons, as the actual
value of the crops to producers on their farms is far below
the
New York
price
;
but the comparisons carried on from
year to year, on the basis of prices for standard speculative
grades ruling in New York on the first of January, will
give a general idea of the relation of quantity to value of
crops in successive years.
In tabular form the statement
appears thus:
From
the nature of the case, these statistics can only be
approximate, but they furnish a general idea of the
course
of business affairs.
The number of failures in 1885
only a
10,968
little
less
than in
but the amount of liabihties involved in the failures of 1885 was much less, being
only $124,220,321,
against
;
$226,343,427.
of the past ten years
Yield.
was
1884, being 10,637, agamst
The progress
may be seen
of failures in each
in the following table.
Price,
J'n 2'8a
Value of
Price,
Value of
Crop.
J'n2'8o
Crop.
cts.
Ct8.
Wheat....t)U8h.]
Com
Cotton. ..balesi
II.
S57,H2.(X)0
bnsh.!l,936,178.000j
92^
330,328,600
SO
868,088,000 1.705,528.482
5,860,021
300,280,043
e.SSU.OOol 9 3-16
!
B12.'763,900
84
53
IIX
430,721,676
891,630,068
303,356,380
Manufactures, Mining, and Industrial Enterprise.
The discouragement
of 1884 in all the branclies of indiistry
THE CHRONICLE.
-38
There was generally a large
goods
to be worked oS at low
manufactured
stock of
prices, and this to a considerable extent was accomplished,
80 thatatthe end of 1885 the surplus stocks were believed
was
carried over into 1885.
The
than at the beginning of the year.
failures were few, and the vitality of the manufacturing
companies was well shown by their capacity to endure the
much
to be
less
[Vol.
coal mining), usually
XLU.
keep up their tonnage well even in
is found one
In this circumstance
years of depression.
cause for the great confidence in railroad property when-
The general business
ever fair rates are maintained.
the country
tendency
roads.
is
is
of
naturally on the increase, and hence the
always towards a larger tonnage on the
rail-
Th'^ encouraging feature was not wanting in
The 1885, and in many cases the traffic was larger than in
previous years when profits had been far better.
manuBut
gave
price of raw cotton declined heavily, but
rates
for
freight
and
passengers
are
utterly
it
demoralized
though
under
review,
benefit
the
year
facturers no
in
placed the market in a better condition for them to buy by the railroad wars both East and West, led by
severe pressure thus brought to bear upon them.
this
for future use, with the hope of profiting
by a
rise in the
the
deliberate
purpose
the
of
York Central & Hudson
price of goods during 1886.
to
New
of
the
the
opposition
officers
crush out
had been constructed as a
Although the negotiations began in June
improvement was derived from the decrease in produc- which finally ended in the foreclosure of the West Shore
tion, and when a very small advance in pig iron was and its lease to the Central, still the trunk Ime rates
obtained near the close of the year, the fear was expressed could not be fully restored before November, and the full
that production would be increased and the benefit of benefit could hardly be felt on the railroads before the
close of inland navigation,
about the first of December.
the improved demand would be lost.
Mining was unprofitable, and the low prices for coal and For net profits to the railroads the year was therefore one
reduction in miners' wages were followed by long and of the worst on record, and dividends were reduced in
bitter strikes in the Hocking Valley and in the vicinity every direction, the New York Central cutting down
of Pittsburg. The anthracite companies held together to ^ of one per cent quarterly, and Lake Shore passing
fairly, but no combination could make high prices for its dividends altogether.
coal; the production of anthracite was about 31,500,000
The following summary shows the condition of the New
tons, against 30,7 18,293 tons in 1884.
No estimate can be York City ClearingHouse banks, rates of foreign exchange
made of the production of soft coal.
and prices of leading securities and articles of merchanThe petroleum statistics for the year show that the dise, about the 2nd of Jan. 1884, 1885 and 1886.
total production was about 21,025,000 barrels, against
BTATISTICiLl. SUHMABT ON OB ABOUT JAN. 2, 1884, 1885 AND 1886.
Iron
many
manufactures
were
depressed and
notoriously
furnaces went out of blast; in fact the main hope of
of the "West Shore road, which
parallel line.
—
23,704,510 in 1884.
;.;,.::
Bailroad building was no insignificant feature in the
year's work, and notwithstanding the disastrous effects of
the railroad
crisis of
1884 there were completed in 1885
about 3,100 miles of new railroad.
^30,000 per mile for road
bridges,
this
&c.,
would
and
call
On
the basis of
equipment,
an
for
including
expenditure
of
$93,000,000.
—
the year the exports would be very large, owing to the
heavy cotton crop, but the exports of cotton for four
of the
crop year, from Sept.
1
to Dec. 31,
were
fully 300,000 bales less than in the
same period of 1884.
The wheat exports for the same time were also exceedingly small, being only about 7,000,000 bushels, against
23,000,000 bushels in 1884, while corn exports were about
16,000,000 bushels,
against
7,500,000
last
year.
The
moderate foreign demand for our products, even at low
prices, was accounted for mainly by the bad and unpromising condition of
of Europe.
Specie
Clroulatlon
Net deposits
Legal tenders
Legal reserve
Reserve held
Surplus renerve
The
chandise in the
as follows:
trade in England and on the Continent
exhibit of exports and imports of mer-
first
and
last half
of
each year
1885.
1886.
f 327,535,700 297,887,700
«)0,468,1CC
87,867,800
S
15,456,800
11.398.800
„
f
iloneu. Exchange, Silver
Foreign Commerce of the United States. The
export of domestic products in 1885 was disappointing.
It was reasonably expected that during the last half of
III.
months
1884.
—
Tork Oily Bank*
Loans and (UscountB
ATew
—
* 320,793,000 340,816,300
26,479,10(
37,356,900
$
85.204,075
$ 80,198,250
tf,
8
947,200
125,224.7'
$
6,748,950
40,020,6:^0
$
Calf loans
Prime paper, sixty days
Silver In London per oz
Prime sterliug hills, 60 days..
United Stales Bonda
3s, registered, option U. 8 ....
6s, currcucy, 1898
4ifl8, 1891, coupon
4a of 1907, coupon
Railroad Stocks
New York Central & Hud. Klv.
Erie (N. Y. L. E. & W.)
Lake Shore & Mich. Southern.
Michigan Central
Chicago Rock Island & Pacific
Illinois Central
Chicago & Northwestern, com.
Chicago Milw. & St. Paul, com.
Delaware Lack. & Western . .
Central of New Jersey
,
—
—
Merchandise —
1«2>«
535>s
2^95
49784.
46 IBig
4 86
4»5
51d.
4 8213
4 81
IOOI4
134
11479
123\
112
1024
IOII4
131
II319
12178
123
86%
106
13278
112^
26!^
I414
94%
26%
62
55
76%
85
121%
140
85
110^8
71i«
88 14
3913
92
1161a
841s
. .
887g
128%
IO514
1161a
132'4
1I6>4
Cotton, Middl'g Uplands. ^P lb.
lOij
Wool, American XX
$ lb. 33341
Iron, Amer. pig. No. 1 ^ ton. 20 50»21
96%
1251s
44
llifl
.50
19
35 00
Wheat, No. 2 red win.^ bush 110%-1 12S!i
Steel rails at mills
Com, West. uux.No. 2 ¥
24,28t«,475
l>fl®2
34936
37
50320 50 18O0y2!19 5O
28 00
84®86
9214
bush.
53'»51ia
633(,®6t
Pork, mess
« bbl. 14 75*15 25 12 50ai3 00 10
Petroleum pipe Hue certillc's
1 15
75
.
.50 <s
00® 10 25
91%
is briefly
BANK MOVEMENTS.
The bank operations
1885.
1884.
Dlffer'co in 1885.
Imports
of the year
ous, as the quiet course of the
were not at
all
conspicu-
money market and the absence
any particular tension on the banks gave no occasion to
The most notable feature in the New
York City Clearing-House Bank returns was the large accuFlrgtfix innnths.
336,339,842 343,512,515 Doe.
7,176,673
J.<a8t live months
278,027,047 314,509,758 Dec. 36,482,711 mulation of specie and legal-tenders during the dull season,
An examination of the above figures shows that in the running up their surplus reserve above the 25 per cent legal
requirement to much the highest figures ever reached. This
first
six months of the year the excess of
exports
surplus touched the maximum in the bank statement of Aug. 1,
over imports was about $55,000,000, against
$11,000,000 when it was $64,734,100, and from that
point it decreased
in 1884, but in the last five months, from
July 1 to Dec. quite steadily, being $56,910,350 near the first of September,
1, the excess of
exports was only $23,000,000 in 1885 ^1,499,200 the first ot October, $31,271,450 the first of Novemof
First oix months.
lAUit flvo uionttis
.
Exports—
$281,022,143 $332,756,680 Deo. $51,734,531
254,607,8S3 254,334,187 Inc.
273,t)96
make them prominent.
.
.
against $60,000,000 in 1884.
IV. Railroad Traffic and Earnings.— The
railroads which
have a general business and are not dependent
upon a
single crop along their line, or upon a
single industry (as
$25,593,275 the first of December, and $31 ,289,475 the
of January, 1886.
The following were the totals of the New York City Clear-
ber,
first
ing house banks about the first of each quarter in the year
1885, and near the Ut of January, 1886
jANUAltT
9,
THE CHRONICLR
1886.
N«t
39
amount
of gold was shipped.
Kates immediately fell ofT,
however, and the year closed quietly.
ju
ft
9
ft
RAILRO.VD AND MISCELLANEOUS STOC'KH,
J»D. 3, NS 297.8-<7,70<l 87.8«7.'<0n 1.SUS.OOO 340316,300 37.1.'.tl,9nO
(1.1 .UI.KIL'.OO
The year 188,1 was one of the most remarkable in the stock
A|)l. 4. •"^ '" " " -^lOO 104.*«4.40(l lO.nsH sun l.-i.'.'lSI.
10 IM.ll!<,*100| n.S;li'
July:),It was one of thone 'years
" market that had ever been known.
n.nii
::i).j io7.i>9i,;toi>
ooi. ;<,
j .-UO
Jim. 2, Bf ..,...'...', sou 89.7JMU0[_l),a7L, J
^^^^^^^^.^.^
when immense fortunes could be made in stocks with a
THE MONEY HAJtKET,
merely nominal capital after June, the rise in prices waa
The couise of the money market was such as micht hare so large and steadily maintained, with slight reactions, that
been anticipated in u year following a financial criais. The there was little danger of loss to any ono who purchased on
question seemed to be tested as to how low a rate lenders fair margins with a determination to hold. The first half of
would accept for call loans to stock-brokers, and wlioii the the year from the opening till the middle of June was a
per period of great depression, and notwithstanding the Europeaa
superabundance of funds was greatest the rate of J^ of
cent per annum was commonly tiuoted on such transm^tions, war prospects the market had no real animation, and could
get none while the trunk line war was waged so bitterly withIt should be clearly understood, however, that the ordinary
quotation of money on call to stock-brokers does not repre- out any prospect of early settlement. About the middle of
sent the rates for money at bank to their borrowing customers, June a buying movement commenced somewhat mysteriously
and when in the Fall the demand had improved, the street quo- in West Shore bonds, the Vanderbilt stocks and Erie, but it
tations of 1@3 i)er cent per annum gave no correct indication was not until July that the impression became general in
of the loans ordinarily made at the banks, which were then Wall Street that this was backed by strong parties, and was
probably 1@2 per cent higher. This explanation is necessary, founded on negotiatians for a settlement of the NewCentral and West Shore imbroglio.
since the ([uotations made of the money market during the York
In August
year are given for the lowest rates of money on call in the the success was announced of the negotiation carried on
open market and the lowest rates for first-class commercial through Mr. Morgan, of Drexel, Morgan & Co., for
paper, as they are current among the principal dealers. Dur- the sale of the South Pennsylvania Railroad to the Pennsylvaing the late months of the year there was an occasional flurry nia Railroad Company, and the foreclosure of the West Shore
in money, worked for speculative purposes, but nothing which road and its lease to the New York Central & Hudson, with a
merits any attention, and money was practically very easy positive guarantee of $50,000,000 new 4 per cent West Shore
throughout the entire year.
first mortgage bonds.
Following this, a strong pool was.
The following table shows the rates for call loans secured formed among the trunk lines for the maintenance of rates,^
by collaterals and the rates for prime commercial paper of two which were advanced in November; the West Shore was foreclosed according to the programme, and under the final setto four months' time during each week of the year 1885
tlement of the railroad difSculties, the stock and bond market
Prime
Week ending
Ween landing
Cull
Call
Prime
Friday.
Friday.
liOaus.
Paper.
Loans.
Pi»|ier.
in October and November was one of the most active and
buoyant that had ever been witnessed. After the 20th of
Jan. 9.
1 ® 2
3 ®1
H9 1>9 4isa5i« July 10.
01roul>
LniitiM aihI
DiBCOIItllH.
Pjicclc.
DepoKlti.
tloii.
T«ii(Ut».
1
>
1
.
,
,
;
1
:
" 16.
" 23.,
" 30.
Feb. 6.
i«3 2
1
H9
13.
•'
" 20.
" 27.
Hoh. «.
" 13.
" 20.
1
1
•'
21.
Hay
1.
8.
"
" 15.
" 22.
" 29.
Jane
"
5.
1
®
Ha
1
a
II9
2
a.
'5
®5
1<«
lis
2t.
" 31.
Aug. 7..
14.
" 21.,
" 28.,
Sept. 4.
••
a>5
•'
®5
®5
"
aia®5
Oct.
3isa>4i9
3103413
"
3i9-a>4isl
"
3>sS>4
"
3H-S4
Nov.
Is® lis |3is®4
3i4®4
la® 4
1
»
l^a
2
1
laai
1H
>s3 lia
lis
I
'd>
L
9 2
i«® 1>S
Is® 2
2
2
2
® 2
2
'B,
17.
"
2
3
o
2
\H
3>3
9 IH
® 113
"
-asia
®5
35
®5
®5
\^
lae*
Ifl®
\
1
4
2
2
2
12.
19.
" 2«..
July 3.,
ai
1
Apru"3;
" 10.
" 17.
"
a
iga
'•
"
3148*
314®!
"
Deo.
.ii4®4
3 ®4
"
"
3
3
"
"
®1
34
11.,
18.,
25.,
2..
9.,
16.,
23.,
30.,
6.,
®
®
®
®
®
®
1%®
1
2
2
1
*
2
®
®lis
't»4is
^»lia
01419
®4is
01413
2
3
4
li3» 4
m®
lij®
-<2'4ia
®4'a
®10
®
®
i
3
lis® 313
4..
23,®iia
3
lis® 4
13..
20..
27..
11..
18..
25..
31..
II3
lia
l>s
3
2«ia4i4
2^^414
^%®4i4
2^»4ia
3
3
21a
6
5
a)4is
®4ia
®4l3
®4l8
95
®5
®3
®5
®5
as
®5
®3
November there were occasional
reactions and some irreguthe close of the year, but nothing which amounted
to a considerable set-back, and the year closed with a reaS"
onably strong tone prevailing.
Pursuing the course of the year from its opening we
larity
till
observe that in January depression and dulness were the rule;
the trunk line war was rife the coal combination, to make up
for the withdrawal of the Pennsylvania RR. Co., alloted an
extra 1,000,000 tons of anthracite for the year, making.
Houston
31,000,000 tons in all
Texas Central and East
Tennessee Virginia
Georgia defaulted on Jan. 1. In February
the depression continued except on a speculative rise lasting
about ten days and led by Del. Lackawanna West. the Central Railroad of New Jersey defaulted on its coupons
the
House of Representatives declined to act on the bill to stop*the coinage of silver the Southern railroads had the benefit
of the New Orleans Exposition. In March, April and May
there was little animation, and the varying rumors of war
between Russia and England had much to do with the course
of our markets. The Nickel-Plate road went into receiver's
hands in April and defaulted on the first mortgage interest
;
;
&
&
&
;
;
;
UNITED STATES BONDS.
There was no particular interest centered in the govern
ment bond market, and there has probably not been a year
since the first war bonds were issued in 1863, when government bonds attracted less attention. No bonds were called in
and redeemed during the year, and only on the 29th of
due June 1 the New York Central, St. Paul, and Omaha diviDecember was the first call for bonds issued under the present dends were reduced Pacific Mail rose sharply on the passage
Administration, the bonds to be retired on the first of Feb- of the postal subsidy law, but fell off again quickly, and in
June also was weak on the loss of the Steamer fokio and the
ruary, 1880.
refusal of the Postmaster-General to pay the extra amounts
FOREIGN EXCHANGE.
The range of sterling bills during the year was such as to provided by the new law for carrying the ocean mails. The
Ohio Central was foreclosed in April Chesapeake & Ohio
permit of only a very moderate export or import of gold. In defaulted on one half the interest on its "B" bonds
due
the first quarter there was some investment demand for bills May 1 Missouri Pacific settled the old Garrison suits in full
from parties who preferred to have their funds in London, Lake Erie & Western went to a receiver in May negotiation?
where money was higher than in New York. Then in April were pending for a lease of Oregon Navigation to Union
Pacific and Northern Pacific. All was stagnation and depresthere was excitement over the threatened war between
sion at the Stock Exchange until the middle of June.
England and Russia and rates were advanced for a while,
After the middle of June, as above remarked, the situation
until tlie more pacific aspect in May and the reductipns changed for the better.
But the N. Y. Central quarterly dividend was reduced to J^ of 1 per cent, and in August and Sepin the Bank of England rate from
per
to
2
cent
3J^
tember the Northwest preferred was reduced to 7 per cent per
carried rates down. The market was dull and depressed until
year, and inferentially the common to 6 per cent; Lehigh ValJuly, when there was a stronger feeling, which was continued ley to 1 per cent quarterly and Lackawanna \%. The Union
during part of August, and then the rates again weakened, Pacific efl'ected a sale of securities in September sufficient
owing to the bills drawn against securities sent abroad and the to clear off its floating debt; St. Paul voted to issue |.5,0tX),00O
new preferred stock at par. In October the Erie loan on
prospective shipments of cotton
a small amount of gold was Long Dock property was reported; the New York & New
then imported. In the last four months of the year there was England cleared off its floating debt by issuing about |1,800,nothing unusual, and the purchase of securities for foreign 000 preferred stock, and the receiver was discharged about the
account offset the small exports of grain and cotton; the Bank close of the year; the Baltimore & Ohio made its arrangement
in November for terminals on Staten Island: the West Shore
of England rate was also advanced to check any outflow of
road was sold in foreclosure November 24, and the new company
gold. In December there was a slight flurry in exchange organized in December.
Mr. W. H. Vanderbilt died on Deabout the 2l8t, caused by a sharp demand for bankers' bills cember 8. The Texas Pacific stock collapsed in December,
and a little excitement over the silver question in Congress, and a receiver was appointed for the road on the suit of the
Missouri Pacific Railroad Company, a large holder of its floatand bankers' short sterling advanced quickly, and a small ing
;
;
;
;
;
;
debt.
THE CHRONICLE.
40
[Vol. XLII.
MERCANTILE FAILURES IN THE UNITED STATES AND CANADA FOR SIX YEARS.
FAILURES FOR
Number
inBtutnf«t*n
Stales
and
Ter-:
riiorles.
yo.
1866.
^mmint of
Ko.
Littt^ttities
ures
1
Amount of
LiabilUles
^-
Eastern.
126, 1,248,.591
176i 1,714.486
231
96
48
390
305
136
169
Tot. Eastern' 1,261! 12,430,433
1,375
13,708 Maine
8,173 N. Hami)8hlra
6,518' Vermont
( Massachu't'e
s QQ
45,dS4^
Boston...
6,749 Rhode Island
.1
(
'
15,882 Connecticut
96,414
.
205 1,050,181
79
563,392
44]
360
271
256.558
3,223,707
4.37a,518
Peiiusylvania.
78,959 Pliiladelplila
4,075 Delaware
15,846 Maryland .. ..
3,500IDlst.of Col....
,
!'
261,564
Liabilities.
942,014
395.045
147,348
77
1,612,011
130l
836,788
170
111
113
604
325
130
281
772jll,071,156
1,734
17,223,831 1,197
37,861,897
772
13,491,400
444
7,144,217
455 21,212,308
113
1,871,998
431
5,655,815
429i 4,851,074
109
12
80
23
131
177' 3,777,804
411
212,694
112
32
553,,900
2,028,,189
896,,852
585 10.794,708
545 28,210,2-25
2,182.425
121
531 10,062.071
3,509,349
174
206,757
15
1,864,502
127
278,497
38
61
4,005,887
79,400
1,261,140
154,887
442,708
332,401
155,000
3,835,795
971 3,856,450
38814,674,314
77 4,.536,346
250 1,853,522
7
75
12
1,406.200
854,739
1.813.330
12.707,645
11,279,523
2,521,981
4.680,588'
11,004
7.587
6,751
36,713
5,123
12,587
35,294,026!
79,765
969 15,791,084
863 42.501,7.(1
73,208
37,392
19,500
60,540
19,068
3,635
13,329
2,713
1631
4.741,993i
770 18,714,270
257 10.373,700
23
231,500
119
2,S63,986!
30
320,202
4,341,787
73,200
2,484,991
109,304
57,108,534 1,6B7| 41,385,632 1,372 32,924,538
2,592 112,856,060 2,136
in Business in
1878.
Liabilities.
le
51
22
319
88
75!
Number
Amount of
ures. Liabilities.,
2,888,161
6,064.450
2,155,419
898,963
223!
CO.
1878.
No.
of Fail- 'Amount of Fail-
54
39
327
107
96
706 10,949,,894
718 77,875,,721
119
1,319,,339
653 12.310,,133
225
6,892,,032
Middle 2,498 45,865,840
Tot.ll
Amount
(
2,253,110
418,799
5,724,263
4,560,833
20,908,858
3,251,792
744,242
677 7,999,341
506 19,874,996
122
949,649
748 9,864,137
204 2,991,969
23
195,250
2
No.
Failures.
DUN &
R. G.
1881.
45
391
235
109
119
875.267
572,072
683,707
4.010,791
6,332,329
3,2*5,269
1,464,396
Mulclle.
84.,067:Ncw York....
48,833' N.Y. &B'lm.
26,232 New Jersey..
BY MESSRS.
1882.
Amount of
Fail-
LiabUities.
ures
.
Nn.
'
^g^i,
\
1878.—PREPARED
1883.
1884.
'
pail-
AND
1885, 1884, 1883, 1882, 1881
1885.
3,199
93,293,466
229,385
126
40
220
1B4
1,195,615
369,011
1,007,200
1,7^8,322
3.733,134
133,288
874.062
1,073,660
4,830,462
2,733.725
407,653
5,905,756
2,205,873
10,144
5,390
6,635
4,593
7,748
1.879
5.315
5,525
7,859
11,909
4,211
16,846
8,243
1,415
26,322,961
Soulliern.
14,436
8,244
9,475
6.470
10,413
3,918
8.61b
9,364
10,542
19,636
7,734
20,913
12,414
Virgina
West Virginia.
No. Carolina..
So. Carolina
Georgia
.
Floriii.i
Alabama
i
Mississippi
Louisiana
.. ..
Texas
Arkansas
Ki'Utucky
Tennessee
270
96
169
119
212
49
39
157
215
368
94
276
282
7,646,023
751,327
1,044,113
1,428,578
2,566,235
366,103
1,017,135
818,325
1,941,589
1,806,619
162
738,100
447 2,631,700
225 2,454.400
220
353
220
139
358,619J Par,. •£ Temt'e.
386 Indian Ter
6,503 Oregon
California.
Francisco
Colorado
i
6,8W
S,
1,280 Nevada
2,703 Utah
1,573 New Mexico..
714 Wyoming
Idaho
Dakota
2,129
9,988
2,653
3,215
2,291
3,369
62,793
Cliicago ..
j
32,834 Michigan
27,722 Wisconsin
30,021 Iowa
24,355 Minnesota
( Missouri
43,561
St. Louis..
\
20,76,^1 Kansas
12,459. Nebraska
C
670,534
Western 3,302 28,047,097
C Illinois
23,174
3,412571
44
68
819,854
Cincinnati
{
8e,762' Indiana
Tot.
238
552
112
304
374
329
303
170
412
220
191
85
97
220
588
COlUo
67,339
2,415,254
605,560
1,241,621
877.065
155
184
493
121
219
238
993,150
5,035,411
3,394,460
Tot. South'n 2,346 28,814,068
Western.
142,175
193
66
170
102
Montana
Washington...
982 Arizona
38 Alaska
91
293
372
312
238
169
370
190
182
71
285
141
62
25
22
20
6
20
88
22
113
IS
5,570,728
2,095,680
2,435,528
3,510,241
2,348,612
2,018,315
1,259,006
2,354,757
1,539,093
928,006
1,790,100
1,377,177
765.182
328,500
308,910
361,100
39,700
112,736
401,890
220,765
588,200
108,700
23
36
25
2
8
Grand
g/g,ggo
totals ro,6j7
70,045 Dom. of ran..'l.?5fi
l,14«,lti4
2,063,265
1,654,861
1 34,220^11,
9,710,039
2,9S5,8S2
5,775.113
.•1,714,951
6,946,986
3,786,041
4,212,470
2,435,653
4,510,101
997,041
5,849.456
508,854!
1,400,396
320
84
154
220
1,457,500
2,411,400
3,755..500
2,259,385
196,800
201,921
189,808
72,500
74,000
98
41
83
90
132
670,583
188,233
591,874
684,558
2,379,548
16
223,3.<52
59
119
22
104 2,041,340
153 1,942,129
106 1.604,577
234 2,713,920
99
127
228
952,532
1,083,413
1,393,353
20,998,123 1,439 16,469,412
1,448,815
137!
2,235,299
407,053
1,357,806
1,151,666
2,180,839
297,6T7i
650,710
45
134
93
389,458
931,822
908,542
2,658,7221
3,335,678!
3,057,8651
596.7231
1,667,727
074,326
17
1,930,563
167,320,
85!
1,188,276!
197
178
204
2,33,5,957!
138:
3,162,918!
1,644,234!
754,724!
95
131
3,710,096
1,632,361
164
19,785,6071,618
536 10,485,273
1.765,5751
79
270
3,426.182
328
3,188,733
277 13,203,279
275
4,347,095
2.867,432
173
420
2,249,651
116
1,120,S82
86.'>,669
155
71
2,252,262
161
726,670
100
350,700
54,872,983 2,961
288
47
124
158
103
189
97
194
70
221
2,686,817:
765,734!
1,688,565,
1,193.740]
2,239,586
1,456,870
1,106,942
1,415,773
355,990
1,446,450
2.701,720
1,510,967
450,023
79
267
113
46,878,403 1,950
93
281
148
182
35
955,106
1,599,600
2,832,300
1,98U,664
310,200
51
305,220
544,324
13,300
173,300
31
5
IS
193,500
1,552,000
2,195,000
1,260,191
182.200
274,071
135,500
35
237
138
169
29
15
12
97
24
362
369
163
400
149
101
167
44
106
173,500
2,679
17,058
2,522
1,516
1,265
St,rjs,gj2
6351 5,751.207
1,697
6,7JS
19,191.306 1.384 15.949,361
787
8.587,6571
Coupon Bonds.
4^,1891.!
JaDoarr.
Opening
New York
16,900
81,307
369
394
299
840
401
816
202
694
13,163, 176i
28,361
10,478
2J4jSj,JJ2
674,741
23,9054.677
56.347
83,000
option
D.
a
Coupon Bonds.
es, curacy
4)is,1891
1889.
Xl21^
112Ji
122>S
lOlH
101«
Ijoweit...
112«
112«
121!<
lot
Opening.
Highest..
Lowest,..
101«
Closing...
Febmary.
Opening
Highest
liOwest
tTlMlDg
.
118«
.
llif«
..
11S)«
..
112J<
Opening
102
102
12l«
101«
101«
1««
lOlM
XOl«
March.
X118
iiax
.
filgheat
Xowest...
CloelDg
.
iia
118
.
OpeniDg
i»i«
122«
122M
isa«
April.
.
BIgtaest
Iioweet
Cloaing..
.
Opening
Highest
Loweit
Cloilng..
Opening
Highest
ZiOwest...
Cleelog...
Jane.
101
101«
Closing...
Opening..
Highest..
Lowest...
122
10©i
Closing...
102H
103X
136K
1025i
l.S8i<
Opening..
Highest..
Lowest.
i37«
Closing...
113X
TU2H
122m
10.1X
X13S
123)i
104H
103K
135
IWK
134«
U2H
122?^
lOS
12S«
122M
lOSX
102M
103M
TUSH
1035<
112K
128H
12S«
lim
122?i
112«
123«
108M
103^
112M
118M
112«
113X
Z122M
X103><
124
104
12ZH
124
lOSX
loaa
113«
IISHS
123U
128M
104
104
11S«
113«
1239S
123?<
102M
104
134
134
184
134
134
134
134
134
NoTember.
122H
121«
122K
12^
IMM
103^
103H
1S3X
13SH
18SK
ISSX
October.
101
112X
118X
10SJ<
11354
.
xlDl
102«
121J«
112«
113^
112«
September.
Opening..
Highest..
Lowest.
12I«
112?<
il039<
122«
USM
Closing...
122S4
112«
nasi
.
option Os. cur.
189B.
U.S.
Z122H
112))S
Highest..
Lowest...
Il21«
112«
112«
Opening.
112«
Qter.
B,
Angnst.
11!8«
.
48, 1907.
Registered Bondi.
Jnlr.
n2H
HlRbest..
Clotlng..
1885.
Stock Exchange.]
Registered Bonds.
4s, 1907. 3s.
541,542
419,797
121,050
63,900
62,030
17
10
11
COURSE OF PRICES OF GOVERNMENT SECURITIES FOR THE YEAR
(Compiled from sales made at the
5
6,899.539
4,700,591
5,096,094
731
172,874,172
i
>
13
310
222
58
37
296.214
1,437.000
1,353,000
687,479
495
11,239 731
0,627,.709
2,317,,382!
3,428, 100
1,0.-|2,,403
1,036,,410
4,171,,31)0
647,,902
825,,400
240,933
S<5S2
13,071,996 1,046
4
12
4
12
\
12,!)20,,800 \
49,158
25,402
51,075
23,336
20,305
22,760
9,127
26,878
8,863
4,029
64,309,503
'ot,S41.St'4\
10
4
\
5
3,436
6,653,214!
7
20
31
9,'S4
33
169
106
96,297
515! 10.799, 300
216!
7,570, 311
374
5.233. 549
470
7.672. 931
18
33
315,000
54«,R37
582,100
2^,U3<4^\
41
187 1,292,067
48 1,507,806
683,2)-9
78
108
585,718
37 1,980,700
209 1,750,832
77 1,469,616
75
926,601
73
391,827
163 1,062,720
55 1,878,331
262 1,704,810
132
360,415
2
"5
1,07.5,780
353,640
841.200
528,700
51
267,000
18,200
51,500
4,000
63,000
121,108
68,000
99,593
630,000
90
26
50
36
729,<i42
10;
93
187
f-9
19,019,175 1.504 15,594,732
12.500
194,952
71,000
128,300
454,000
io,gbS
8.R61.609I 1.327
151
177j
28,318,557 1,844
117
30
143
25
Tot.Pac&T. 1,230 9,062,883 1,341
61,218
1,453,311
3,001,254
5,408,916
4,365,375
134
55
154
93
213
34
53
137Hi
134)i
.
102Ji
December.
Opening.,
Highest..
Lowest...
Closing ..
112J<
112«
123H
124H
liSH
124H
Z1S3
104)i
loam
103X
183
133
133
J41(UAEY
THE CHRONICLE.
1886.1
9,
41
QUOTATIONS OP STERLING EXCHANGE FOR EVERY DAY IN THE YE\R
1885.
ICoinplled from the qnotatlona of leading banken.]
11 ... 4 •*!, I >«)i
«.... 4 -elk. l'*-'^^
4....
6.... 4 Mii 1 H.^>^
«.... 4 Mil* 4 S.11,
I
Mit
1
7
4HI^
...
9
18
la
..
14
..
I
I
I
4«1H
l-^V,
I
1 Hll
4 HI
4 HI
4 Hi
4 »-l
4HH
4Ht
4H4
IH71,
IH71,
t
4
•<7'^
I
I
I
HSl*
4 H4
4 HI
4 >W
1 M7S,
4 His,
S.
4 HI
S-IV,
1
.
...
HIU
HI
HI
HI
HI
HI
> '^-'^^
1
...
I
HH4
tlU
8.... 4
10...
11..
4
aod.
(W>l. 4lKht.
S.
Il.<ll<l»r.
I....
Miiroh.
Kebruurf.
'iV JanuMrr.
Mon. eOd. t)licht.
HI
HI
HI
HI
4»7
H7
4HSI«4 88
4 97
4 8BW 4 H-l
4 Hisi 4 8H
4 H.-Mi 4 88
4 K.mJ 4 88
4 H3)t 4 88
487
4N4
H7
H-
4 HI
4 87
IHI
4H7
4H7
487
4B7
I
H7l« 4 HI
4 SI
4 HI
I
I H71.5
4H7li
HA
4 HH
H.
88^
4
4 88^4
4tU
4H4
4HI
4H7S. 4 ,HS)i, 4 HOSj 4 HI) 4 m<.i
4H7(J 4 H3U 4 VtH 4 H«^ 4 881^
IH7I« 4 Xi^ 4 .sn^ 4 unii 4 m<4 4
19. ... 4 «J^, 4 HBl,
4 H7
.. 4 «!
4.HI
1 HI
IH7li,
4 Hlllj < .H7Si
!».... 4 HJIl, 4 H7>»
4 HI
18
17
..
M....
80
ill
.
4H4
98
M...
as
as
4
HH
4HS
HI
4
1
I
...
4Ha 4h7
4 SSH 4 H7l»
...
art...
»
w
...
30
...
»•
I
4 HI
4 HI
SI.... 4 .HI
...
1
I
4
HH
HI
S4
H«
4 S4
4
4
8.
4
4 87'
4 87!
4 87!
.H.'i
H7'4 4 HS
4 H7!^ 4HS
4 »7\4 4H3
4
81*
8tl
4
4
S.
4 84m 4 88
HlKh 4 84 4,88
Luw. 4 8l^4H5m 4H3'?4 87
SOU 488
83«4 86m
4
4
87W
4 87
85m
4
48(1
4 88
4
HAU
4
88
4
4 80^ 4 81
4 811
81 4 8S
4 81
4 88
8:1
4 HS
484 4 88
K<m 4 8S^ 4 84 4 88
h:i^ 4 8SW
8.
4
4
4
4
ami
4 8:i'i, 4
4
4 84
4
4 8«
4
4
87m
8.'.
4 8U
4 86
4 86
4
4
84m
87m
*
8Sm
^H 4488
8im 4 8nm
483 485
4
484
4 S^
(noini)ll«"il
Wd
from prifpa
IJA.VI'ABy FKBH'KV.
MiHCH.
at the
New York
Al'KIL.
4 83
4 8.^m
4 8»m4 88
4 8Sm 4 88
488
488
4 8S
4 87
Sim
4 85
4 88
4 84
4 83
m
4 87
4 90ii
4 86
8BH 4 88m
4
18S5.
Stuck Excbanire on each Friday.]
June.
.MAY.
4 8fim
4Hem
4Hnm
4 86
484
4
8.'<
4 8»
4 8B
S.
4 8«
4 84
4 sem 484
84m
8em
88U
83m 4 8em
4
484 488
481 488
484 480 4 84m 4 88m
484 4 8n 4 84m 4 88m
4 8im 4 ma 484
481
4 84m 4 HHm 4 81
4 88
484 4 88
8.
484 48H
4 8am * HSm
484 488
8.
484 488
484 488
4 8n
4M
8.'i
4 83>2 4
480
4 87
4 87
4 87
4 8S
4
4MUJ4
N<
488
8fl
KM 4 8St
Iliilirtav.
4
4 Ksm 4
4 Hiim 4
4
m
HA^
48A
484
8Sm
HSm
4
4
4fW 488
4H8m4 88
4 84m 4 HSm 4KI
4 8Sm
4 84m * Mm 4
4 Hftm
8.
4S4m4 8Hm
Hi>i
s.
4 Kim 4
4 84
4
Kim
H8m
8.
OF PRICES OF STATE SECURITIES DURING THE YEAR
COlTIiSE
SUCURITIBJ.
4
1'
881
H.
8tm
4 81
4
4 87^i 4 mi%
4 H«
4 h7
4 87^ 4 Hll
4 H7\i 4 Hll
4 87!
4 87)
81^4
4 h:i
4 8t
4
4 HH 4 4 8a^
4 miii tHi'A 4
87M 4 mi4
87^ 4 8UW
4 85^4 88
4 H5)24cl»t
StZ
4
4 He^ 4 Hflli 4 HHlu 4 H7ii 4 Htf^J
4 80^ 4 HAU 4 H8U 4 87M 4 »Hi
4 8U
4 8;)j4 8Ut4
4 87
S.
48» 4 87S 4 89iJ
4 HIU 4 87
H7S 485
4
4 H7l(;
4 H7li
4
4HHW
4 HI
H7SI 4 HI
4 HI
I
4 HT!^
S.
Ilollilar.
H3lij 4 H7
October
ntf
flOd.
nifl
u. Hlirllt
484 4NA
4 84m *t
4 KUi t IW4 4H4m4CHO!
811
811
S.
4 Hll
4 Ml
4 8714 4 "U^
4 87m 4 8W..«
4 87
4 81)
4 8I>
4 87
S.
4 87^ 4 8UWt
4 8H
4 Ul
488 4 »>
488 4 Ml
4 8H
4U0
4 84
4U0
8.
H.
4 H<Vj
4 Hit
4
4
4 HI
4 87
H.
S.
S.
IB..
HoIlOar.
4 8S»«4ttl
4
4H7
487
IH5Vv4 8H
87
4
BeDtemb'r.
nO'l. HiKhl.
.vi»r.
Slubt. fWd. Slulit.
4 H9'.i4^8
4lt7
IrtTSi
I
<prll.
flOil.
Hliibt.
8.
4 H7l»
Jui.v.
Sei-t'bku.octobbh. Nov'beu. Dec'bbb.
Airiirar.
,
Luw.HlKta l.ow.Hi)jh Low.HlKh Low.Hiifh t.ow. High Low. Hinh Low.High, Low. High Low. )llKh|IiOw.Ulgh Low. High Low. High
i
-I-
Alabama-n. A.StoS,
.Mm- 88i< 86m- H7
IUO8.
A. small
Cl«s.i
:
Class H,-)s.lllO«
(^l««5C. 49. 1908
8«. I()-2J. UtOO
Arkans»»-tl8.
.
.
1
IHDU-llKKl
t(i..
79. L. U.* Ft. 8. iMue.
.i
'9. Mt'n>|>hl9jk Little Uuck
79.1.. H. I". B.
N.
7b, .M(s9. o. » K.
7s. Ark.i'entnil
*
K
RR
OeurKla-«9.
78.
7«.
7i.
l.H*l
new bonds.
1H86
endorsed. 1H86
paid bonds. 1890
HO
09
-
HI
104
-
[
1914.
'
.
•4i
2
4m
101
•
inim
101
-
103
im
in«m- 112
73 - 75
—70-72
-
103
,101
Hannibal s.HI.. lo.
IHS7 ..
New V»rk-»9.|jold.rei{,.'8i
««, gold uouiMin. 1H87
69,roan. IHal
6«. loan. 1892
69,loan. 1H93
No. Carolina—«s. old. 'HH-OH
A * O
Speoal lax. class
:(fl
-
1.
ToWnN.C. KR
ToWemnrnRR
ToWll.C.t R. RR
ToWn.tTar. RR
;
30
30
-IBS
-1.35
185
I
,
-18
2mam8m8m2m-
2m
10
18
18
IM
•
11(1
-
120
-
1117
107
107
u:i
115
117
30
-
107
107
-
M
-
30
.SO
-163
-1S5
-163
-135
180
3
2mi
2m
2m
2m
2m
-
1:15
1
'
>
4m4m4m-
1
3
3
1
bU
180
135
10
10
18
18
-
S7
-108
8
- 10
- 10
10
- 18
8
-
KKl
3
10
10
10
10
89m- 82m 93
91
78
91
-92
-104
il(l2
-104
88
87
85-88
108
109
115
104 -105
105
3 - S
8
10 - 15
13
10
12m 13
10 - 13
13
•
10 - 15
IS
3
» - sm
4
-103
102 -103
102
-losm 102 -102
102m
-loom 102 -102
102m
-iismiii -111
111
100
-
107
105!<i
-
113
115
113
113
- 113
117
117
11
30
30
30
SO
30
30
110
135
160
lai
- 10
- 10
- 18
- 18
180
lai
160
180
133
160
l:)5
1.33
10
10
10
- 10
- 18
- 18
8m3J«-
4m....
-
4mi....
-
18
18
2m
4m
113
2m3m-
•
-
...
106
13
18
12
18
-75
75 - 79
i
15
15
15
15
7
72
64
118
104
Kll'u 106
7(1
12m
77
80
-
Virginia—«j. old
Ba.new bonds. IH««
6«, new bonds. IH87
6s, cons j1. bonds
m
-112
112
4
3
-
-107
107
47
47
•
47
-
2m-
108
43
43
43
43
43
43
.'lOM
som- 5im
3H
38
3S
38
38
Hfi
41^
'
112
lOim 107
48
37
37
-
37-38
50-50
I
I
-
-
48m
48
40
40
40
40
-
!54mI
38
38
-
110
1C7
107
3
48
48
65
39
39
80
45
50
-
- (16
-112
-102
-104
1
I
-
'
:
8m
2m
4
4m-
112
105
-108m
l()7mil07
i(i9miio9
-lOi)
-113
-118
-103
lOv^
no
116
117
- .SO
- .30
I
I
-165
30
30
113
-
10
10
-
20
-
20
VO
20
80
ami 3
-
6
-
165
136
-1.S6
165
135
185
136
10
-
10
10
m
-117
-120
-
30
10
20
10
-
7«
-165
-133
-181
-1.35
- 10
- 10
- 20
- 80
<«8m-
109
nsm
nsS
105
106
106
106
I ISm- iwm
119 - 188
i2im- 184
30-30
-
-183
104
104
103
105
-nsm
112
115
117
SO
185
135
-1.S5
-104
-104
-108
-108
104
104
•
186
136
185
135
10
10
21
-
118m 118 -iism IIH
104
104
103
•108
-108
-107m 1117
-109m 109
nsm'iism-nsm
lis
;118
-115
-117
2m-
2mi
•118
102?l<-
no -no
.30
I
-112
112
sm
s
-107m 107
-
48m48m53
;«l
47)4
47!i
- .35
- 39
- 39
- .39
SM
39
72
40
-
4
-
-
75
43
50-50
4m
42
42
[Compiled from
iJASUARY FEBR'KY.
-123
-
-
.MAKCH.
-
.30
-
39
-
3
108
I
-
.'Ml
-
-125
120
-
3
-
-108m 106
42« - 47J< 47
-
,115
3
-
3^
1108
47
47
55
112
-
;»
-
30
185
-
185
-
i:K)
-
i:b
185
135
10
10
-
IK)
135
10
10
- 80
-
-
20
20
:
6m
7m
30
30
-
4
om-
20
7
8
-iism lis
lumiiii -114 ii4m-ii3 it4^-ii5m
88J^^ 8Hm- 8Hm> 88m- 89m 90 - oom 90m- 91m
-87
84 - 86
86 - 87
8? - 89
89 - 90
103
103 - 104 il04m-103
104 -105
103 -105
-
-
87
85
40
.39
40
40
80
-40
-40
-
40
-
80
som Sim 46
50 -50
50
-
5
-
-
120
-
I
;
/.OS
-
18J
-
S5«
3(4
sm
120
-
jl20
s«
-
120
1180
107
-118
-110
-li.s" ii's
no -no
no
all sales of
113
;iio
-120
4m--
i'H
47H 47m- 48^ 47W- 48^ so
4-H 47m- 4 si. -i7><,- 48* .50
-
52
80
-
BOm 60
.34«
40
40
40
47
-
50
sm-
-lisw lis
-iiem 114
-110
-110
New Yo:k
June.
AI'HII..
S
4
S84«
40
40
40
80
49
50
65m-
soji;
40
40
40
80
48
40
40
40
80
-
no
40-40
40 - 40
40-40
80-80
-
49m 47
f.O
SO
SO
10
9
-
lOm
12
-
12
- 13
115
110
114
ne
-114
som- 58m Sim
50m- 62m 5im
vii
48
13K
-
45
-
40
80
52
54
-
45
45
-116
U
Steele
KM
52m
.58m
8im
13
-
43
43
80
-
.V)
.30
-
.55
35
-
80
-
I2H
10
10
118
-
-
116
no
-
no
-
li-
116
110
110 -110, 110 -110
80
42
48
42
SO
01
4<l
40
58m
-
-
-
85
18
118
110
MISCELLANEOUS STOCKS FOR THE YEAR
Btocks at the
-180
120
sm
-
-
,109
180
-
"
ii's
-180
jm- om
3m-
108
108 - loom 103m-109S4 109 --109
109
so-- 52m 3im
47m- 48!4 47m- 485< So - .32
107
47 47 jlm- 54 y
40 - 40
40 40 80 -
42J< - 47J<
425< - 47?<
52 - 5.V«
39
39
HO - 80
47 - 50
50 - 50
4m- sm,
,S1I
COURSE OF PRICES OF RAILROAD AND
STOCKS.
8(1
12
102
1U4
106
109
112
118
102
102
117
30
-
48m 48m- 47m 42m-- 47
-
K
55-70
114
ex-matured ('oup<jns..' 37 - .38
30 - 4im 42
""
consoi. 2,1 series
50 -SO
50-50 SO
68.deferred bonds
sm 4m- 8m sm- em
4mTrust receipts
Di>. of Coluinbla-3-85s.l984 iis -iism ii8.m-ii3
lis -lis'
rundlnaSs. 199)
100 -iiosj no -no
no -no
69.
8*.
8
-103
4)1-
-113
42
106
ii2m-ii3
78 - 80
63 - 08
115
^
m%
2
6
17
18
15
15
104
-KW 10354 1(«
lOSm-lOSUi 10,4^ 104
losm-iosm io:im
•
I
IMiW.non-tunu.. 1HS8...
-
65m- 74
-
1
Brown ci>nsol.. Hs. 1893
Tennessee—I)', old. 1890-2-8
Oe. now bds.. lHir.i.-lH-i900.
6e. new series. 1914
Compromise 3-4-5J19. 1912
-108
I
'
cp.. 'I1.3-99 110
I'arolin*—8s. act Mar.
I
•
5
9im| 9im
I2m12m12m12m-
sm-
!
8m
9.3
104
102m 103 -103
102m lO.) -103
10:1
2m4^-
93m
-105
-
102
103
72-73
4m.... 4m.... 4m- 4m.... 108 -i08m io8m-io9(»iiiio -nom ni^- 112
106K-109 109 -110 llom- 111
83-84
81 -8.3m
85m- 8B« 88 - 88i* 88m- »TH' 87m- 88m Xfi 80 - HI
81 - 82
83 - 84
83 - 85
b:» - .81
86 - 88m 84 - 85
losm-ioom loom-iosm loiw- 10591 106 -108 108 -106 103 -100 103 - 103
1910
9im
71
73
75
65
8:im- »4m 85
118 '112 -112
112 -112
;ioim-io2
104*
iioim104
102m
104
[108
107!, 104 -104
104
10(1
100
106m 107 109 105 -1(J5 105
no -118 111 113 108 -110 108 loom
113 -115 ill5
113 -US
117
112
113
118 -180 .120
117 -118
118
122
118
103 -106
101
lOim 102 -102 102 102m
UM -105 104 104m 102 -102 108 i02m
10-)
104
103m 104
-106m losm- lOim 103
1115
104
-losm io5.m I03m l«l
103m 101
113 -113
no 113 110 112
lis
113
-1'5
ll.l
113
114
-lis
115
115
117 -117 ,117 115 -117
117
117
3(1
30 - 30
SO
30
30
30-30
30
kO
SO
30
1(1(1
160 -160
180
165
163
160
i:«
1:15
135 -185
136
1135
135
100 - 180 ;i60
180 -180
185
165
13")
133 - 135
IS) -139
135
136
10-10 10
10 - 11
10 10
1i)
10 - 11
10 - 10
10
10
18
18-20 20 21
18
18
18 - 18
18 18 - 80
20
21
70
64
iiMm 12,1
loim 123
105m 108
-
101
91
105
6
3
3
10
10
10
10
8
,110
110
112m 118
115
120
90
-107
108
108
10(1
1117
-
- 91
100
(Mm (W
104
ma m
9:)m
92-113
89
104
3
101 -101
io,im-ioi
102
loim-ioi?^ uiim 104;i 105
I'l4!4-104m 104 m- 104> 105
110 -uom no
114
112
74 - 73
74 - 74
74
110
-
89
102
,
104
-
63
n2m
-
- 18
- 12
- 12
- 12
- 12
12
12
12
12
110
109
-
2H-
.J
-
US
- 10
- 18
-106
3-4
108
103,m
110
10-10
I
70
78
•113
11(1
ii;i
1:15
1(10
.....
Ohio— Is. iHsi)
Rhode l9lan(l-63.
23.
I
-
117
117
-
eom! 90
88
87
-•
I
KlOm- 108
in
8H
.1.
-
110
•
•
-
85-88
102 -10
84-85
103m
lOim- 105m iu5m
lC)7m 108
-115
-117
-l:t.i
2
Small b..nds
South
30
;w
10
- 10
- 18
W
110
102
'.03
113
180
-
ina
64m B5
85
112
102
115
117
-185
1898-9
88.1919
W
-
2
Speclal tax.classi
4',
'.'-'im
-
AO
Chatham KR
.
-iiMm
115 '-117
117 -120
Car. Kit. 188J-4-5
IBO
N. Car. KK. 79. coupon OS l-li
N. Car. KU A.
.180
N. Car. KK, 79. ranipon off 130
Fundinu !i<t. IHHH-tllOO ..
10
Fundiiii; ;iit. 1H»1H.1HII8
10
New bon.H.J.S J.. 1892.98 IH
New bonds. A.4
18
Cons.il
•
lOi^m l«4!i
U2W-113
J».
•
70
64
110
(Mm
lOim
30
102
86
88
72"
-
-112
-102
-104
107
-110
110
-113
113
115
-II7
-117
IIS
-lOOm 106
-lOiim
115
108
108
.
85
.
,
lOSrn 107
or CnlT.. l«l»3. ...107
Fundinii b.mds. 1H114 95... 112
llannibul i St. Po. 1HH8 .. no
,HS
85
HSJi 85
lOS
107
105
105
4
3
sm
16
1»
15
12m- 1«
"*
15
15«
12m- 1«
14
lliM
18m- 117
13>4
14
12m IH
4
3
4>*
4
100 - 101
1<K)W loom
l<l2m WiH 10!)m 1114
loam i«)>4 losm losm
110>4 112
112
112
74
78
75
75
-
Asylum
.
19
20
aim
,110
'lOI
68. 1S.HH
6«. IKHM-lsaO
6». old.
-
-
I'l
80
MlchlK»n-7.H. IHW)...
MI«souri-B.s. due 1888...
88.1887
*<7
84H **m-
-105
3-5
lo
10
10
-102
102
-101
IIOI
Lonlalana— 78. cooaol..
Stamped. 48
7>. small bonds
Gx nmliirM i»ui>oa
84-85
H:t
-
58m
-
IS
lam
1885.
ExcUanse.]
August. Skit'beu. Octobeh. Nov'bik. dcc'bbr.
July.
Xow.Uighj Low. High Low.Ulgh Low.Uigh Low.HIgh Low.High Low. High Low. High Low.UlghjIx>w.Higb uow. High Low.HIgh
raii.k<>.\d!
Albauy A;^u*iquehanna.
j
188
-189
124
-184
128
-ISO
,138
-132m 138 -ISSm.lSS -1.33 130 -130
6««- 7IH ... - ... eejt- 67« 8«M- 68^.
Atchinon Top. li: S. Fe.. 74-78
78 - 7S4( 6TH- 70 1X69)4x72
Atlantic d; PaclBc
Bom .lit N.V. Air-I.., pri 90 - 9054 »om- 9oj< 88 - 80m HSM- 80
Bar. C. Kap. <& North...
57-86 ... - .... 82-68
....
...j
....[
,
Canadian Paclflc.
Canada Southern
Cedar Fall* Jt mian
37
a9ji-88
'
WK-8S
10 7 -
SO
-
n !>«nm n%-
CeatrnI Iowa
Central of New Joraey Sl«- 40M 32m- 3956
Central Paclflc
36m- aom; 275<- 86
Chart. C»l. dt Aaguata.
WH- STJt
38m 89-30
80m- OOm'
'
31
-
»«-
10
9«- lom
13^....
-
....
93-83
94
-
96m 96m- 97
63-63
3«m- 40
-44Hi 37m- 40
23
-
40
30
10J<
63-70
89
41«; 40m- 46
86-88 SO - S6
lOm- 11
9 - 12m
....
-
....I
10-12
,
j
"l"
-
'tS
-
97
60
46
35-40
41X Sim- 38m Sim- S7X 85K- 4im' S6M- 49
vsx- SIM WM- 38
80 - 34M 8««85X, 80J4- 83
'
46m
I
mi
W -M
siH- s»m
....
-
....
-140
12H
-128
7im- 77m 87«- 8S
om- nm 8 - 10«
89K- lOJH
91 - 96m 98-96
<Mi- 96M
eo 43 35 - S8X 37 12m- 14m •• - .... i4«9-11 10 - 10 10 43^- 63
3*«- SO
asH43 -
'
93
60
130 «-130m 137
MMso
SO
70-87
GOm
40-5«-
47Xi
4I«- 4Tm sa
14m- W^ 13
n%
57m
78-98
55
-
63m
-44m
- 16
14M 18 -8SH i»m-»4m
- 4aH
40H 40m- 47«
lim 48m- *»
3»«- UM
-as
«
18
I
-M X
-
34
THE CHRONICLE.
42
XUI
[Vol.
COURSE OF PRICES OF RAILROAD AND MISCELLANEOUS STOCKS -Continued.
JDLV.
JtrxK.
STOCKS.
Low.HlKb Low. HUh
I.«w. Hlirh I.AW.HIgh
9,'^- II
)st prel
a«l
6«- 8
12S -13H4
pref
CTlicngo it Alton
Fmt
147
-147
Chic Burl. ^Quiiicy...
I15«-n99«
St. I'buI
Chle. Mil.
Prcl
Northwest
ehie.
I'W
&
•
10% 76«
•
efalc.
K.
thic. St. I.oiiis
&
6»4
554-
OH
10«-
12!,'
9)4-
IIM
7-7
131
151
105
-109
7!<- »%
15 - 17)4
Pittx.
3
7 -
5)4
NOV'BEtt.l DEC'BKK.
I
4)4-
1
4)4
3H7«-
4
4)4
8
-
7-754
8
6)4-
9X 7)4- 8M
8X 7J4- 11)4 lox- I4J4 13
4)4- 5)4
4)4- 4)4
4J4- 6)4
4X- 7
8
«H- 9X
137 -138)4 1.36)4-139)4 138 - 138X 132 - l-'SX 131
134 -138
152 -138
149
149
7
-1S3J< 132)4-135
-151
152 -158
5)4-
-
-
II
8X
8J4- «54
1154- 1H54
8 -
UH
-133X 132X 189
9
-
13X| IIX-
18
-
23?S|
1014-
.137
-
&
20
Col. Hocli. Val. Jk Tol..
9anbnryi& Norwaill....
Bel. Iracli. dt Western..
Denver &: Rio (Grande..
Bnbnque &: S. Cltr
xl279( 32)4 129)1-I33X 125)4-130>,i X15SM-129 127
112-4-1 16« 112 -115)4 111)4-115
U3X-118 115
•,08%-lU
8)s
1S<4- 19
7-7
8-8)4
B),- 9
17 - 19
IH-
15
15)4- 18
- 13
-
132X 129X
-
119
Uii- 16
18H- 22
1S^T4' .1124 J4- 131
117>4- 1215<
117X-120
lOX
10
-
12)4
25
9V4- 28
71 - 86X
23
26
-
25X 23 - 2SX
38X 29X- 34X
6)4-
14
SnstTenn. Va.
20-20
20
IM
- 20
1)4-
-
11
- 1154
128X-135X 135 13754 xl32)4-38X
118X-125 18354 132 187)4-129X
1154- 18
1574
8554- 41X; 36X
S3 - S9X 38
28
20
-
8H- 10
53
-
59
Jt G«...
rivt
38-49
41
19
- 80J4
&
Harlem
Hnoston
iilinoia
& Texas
St.P,
37}^- 40
Cent,
Central
7
-
9H
5«-
7)4- 8)4
63)4- 65
00-63
3-4
m
394-
iH
6)4-
8
414-
7)4
90 - 62
3 - SJj
57
BX-
-
3^
39)4- 49
47
-
3
8
-
8
-
45-48
I
7
4?^
58
- 59
3)4-
3H
6 -
5Jl
5)4
- 59)4
2J44)4
58
3«
-
83
03
-
67
4M- 85J
7X- lOH
454
2J4454-
5)4
7X
59-63
554-
6X
-
lOX
9
&.
Des
2)4-
m-
l.ons Island
Lonisviileak Nashville. 22 LouiHV.New Alb.&:Cbic. 11)4Mittihnttan Cousol
65 -
48
23
- 43
61
- 51
29-34
-
61-63
e5X
554854
1054- 1454
554-
9X-
15X- 20
30
-
7X
13
27X
66-69
-140
14
59JS-
63.1.4
eOU- 67J^
62 -
67)4'
67
59)4- 65)4: 58)4- 60J4
69)4- 73)4'
26)4!
28X- 33X 30)4-
8^)4: 30)4- 32)4
885i- 35
19>4|
na-
20%' 83
83-25
- 16)4;
4)4- 13)4
82)4- 26
27)«
22
- 771s
x77
-
!....
-
29)4- 36
54-61
55
- 61)4
55
- 63
61
- 59
90
34}i
34
- 34
33
-
...
UX-
WH
98-95
6
8
n
5454- 71541 6854- 75
74 - 77
74 - 76
7451- 77J4
8
8 - lOX
29 4- 20%
7)4- 9X
9X67X- 7454 73X-
73-76
-
SIX- S35< 34«- 4154 39X- 49X 43
97
-
78
x93
- 9754
14
- 1654
33
-
88
9Jii-
10
14
1054-
835j'
82X- f954
7«X- 80X
80X- 25
815i- 89X
7851- 8054
45
5154
- 77,X
I
21X 13K-
1954
4154-
484
22-25
2Jt)4-
40
32
37
95X- 98
13 - 14
-ni5« 108X-120
95X-10OX
lOX- IIX lOX- 14. 14 - 18
12X- 15
,117
-123X
14
- 181.4
33
37
33
-
85
-
34
- 4654
30-35
44
- 4854!
33-40
-
S3,SJ-
x99)4-10054 100
-
34-38
35 - 375)
38
-
40
33
63 - 6854
81X- 67
K5X- 7754 74
-
7954
71X- 7h
- 30
- 4H5<
24
83
37-39
16
40
-
38
-
MX 50-54
-
39
»*
....J125)4-128X
46X- 52X1
48-55
33X 29X- S3
12X u - ux;
89-29
!
IIX- 125<
25-28 27«- 29)4 2-X- 28 25 - 27)s 84X- 26
1414- 17K( 14J4- 18?4 17X- 1854 1754- 19
1754- 19X
13
154-
11
19X- 21
80M
14)4- 15)4
- 44
10)4
554
5^
77«
MX- 16)4 UX- 18X
37-40 34 - 37X
14
12,14
4X
....
115s- 14>«
27h;- 30
90 - 93^
- 15
2)4-
51H-
715i-
- 86)i
77)4-
- 785i4
7
50J4- 59
*H-
71-73
11%
2X-
80-30
;i'
12)4- 17
70J41 71
31-37
150 -150
6
I3)s!
-
29-32
90-90
..
Metropolitan Elevated.
^nUchisan Central
Milw. Lake Sh.i& W. ...
Pnef
Mjnnctipolis &. St. L
Prel
142X 142X-146X
8-12
140
;>lnnhattan Beach Co ..
Memphis &: Ciiarleston.
33-35
50-61
86X
65X'
43
60
5X- 7
9X- 18X
MX
25-32
.lloines.
Mo. Riv
105X 100 -10654
5-8^
Pre!
«&
59-63
46-47
ma
UH
LakcEriett Western...
Lake Shore
Louisiana
19-80
7-18
3)4
Jalieti& Cbicnito
Keokak
- 1554
x45 - 49
66 60 - 54)4 58X-X57
40 - 52
58)4- 71
14)4- 14J4 14 - 14
19 - 81X 20 - 2354 21 - 33
1454- 23
19)4- 33
8 - 4J4
3)4- JX
5
f)4554
6 - 1154
3H751- loX
0H 5
4X- 554
1W)!^-182
xlilO-200
200 -200 208 -20J 205 -205
190 -195
193H-200 198 -200 198 -19S
208 -211
80-30 10 - 20 14 - 16)4 1491- 17 15 - 80 17 - 86 24 - 2«
33 32 - 37
I19!.i-123
xl21X-12e 12494-127 124)4-127 12454-128 124 -128)4 1 6X-1S8 xl2())4-134 130X-lS2:-4 13l)4-135X 135 -13M.X 136)4 141)
84 - 88V4 85 85 - 8fl3< 85)4-85)4 85-89
87)4- W)4 91)
90
BIX- 93
91 - 93
89X- 89X
llj^- 12Ji 12 laii- 13><i 10)4- 12M
8)4- lOM
7)4- 9
IIX- 15X 115»- 145< 1354- 2(1
1754- 8854 21X- 37
3
Leased line. 4 p. e
Tnd. Bloom. & West...
»»X- 41X
9OX-108X 98 -106X 97 -104)4 102)4-12154 n9X-124 120 -13954
18X- l.SX, 1754- 24X 1754- 33)4
4X- 854 85i- 18X lOX- 14
JE/izabetht.I.ex. <& B. S.
Green Bar Win.Jk
12
32-38
44)4
50-50
99H-109)4 xl03!< 08)4 9954-106*1 r93M-104
88)«-104?(;
5M-
ETanSTilleal: T. Hante
Denver.
Fort Worth
18,X
40X'
1)^
50-50
91M
-140
-155
mn
18-80
835^-
12X- 15h!
138
I
1«-
.
15M
140
154
2'
23-29 23-X- 26)4 18)4- 23)t 18«- 21
Cblc.St. Pnul .M.dc O ... ^*H69 - 74
66 - 74)4
93)4 lOOX'lOOX
Saki- 87H 86 - 9lii 84 - 88M 13H- 86
81X- 98
87J4- 94
Prc«
20-20
2«
88)4- S3
33
2-iH
Ctn. Sanduxlcy <fc Cleve.
24)488
33
23
31
8S
33)4S3
33>4
375438
Ind...
3354
60
dc
33X
Cin.
47X
32X30H- 38X
47X- to
Cie«e..Col.
140 -141
141 - 141
141
139X- 13«X
CIcTC. dt Pitts., goar... 134 -137 lSHi-\31H 138 -139 140 1-10)4 140)4-141
ColambiKdkRreeDT., pf. HiiInd. Ccn
Col. Chic.
13X
1834- 3 1 ".4
12 X-ISO
1I8)4-122J4 1203<-123)4 11914-124)4 120 -121H 12054-127)4 125X- 131'i 128 - 134
138)4 13254-i38X
1285.4-133X 133
6)4- 8954' 895< 99
64J<- 72), 70 - 83X 7654- 82)4' 7454- 80X
TIH- 75J(1 68)4- 7554 xOSHxISH 66J4- 71
8954- 96)o
103)4-10854 108 - 113
Xl03)4-108 102X-106
103 -107X 106X108
iiox- 115 xio;5i-i4x 107 -114x'll4X
115 -125
xS9)4-94)4
9154- 101T4 97X- 10354 9151- 9ax 98X 111)4'110X 11554ixl05)4-14X
89>^92X- 96)4 94 - 08«
si%119«-12'« 126 -134
& Pnciilc
I.
-107
em
&
Pret
-
6
A: Ohio...
VbcsapeaUe
AUGPST. SEPT'DER. OCTOBEK.
Low. High; Low. High Low. lltgb Low.Ulgh Low. High Low. High Low. High Low. High
!
51
llHi- IS
13
- 16
- 8954
1454- 2054
1654-
20
SO
-
23
30 - 33
19X 1754- K'X 2154- 36
41X 38X- 48X 4554- 5654 45 - 51X
20
34X- 2.SX 27X- »7X 29X- 35.x
SOX- 43X 37 26X- «9X 2854- 33
16)4- 18)4 17X- 8854 21
225490 J4- 97)4 x89X- 9154 90)4- 9554 91-96
x94)4- 9654 91 - 9854 MH- 9.5X 91 - 93
-10154 101
100
101 -11154
.Mobile dt Ohio
7)4- 8
9X 9 - 9
K - HX
16
9 - 13X 1154- 13X
7X- 7X
14
18X 14 - IflX
Morris dt Essex
1149< 121
118 -122
-122
118
119)4-18454 1225i-1245i 122 -125
123 -127
ia454-127X 127X-1-^18»X i:«X !88 -l:wx
12()X-126
5ashv. Chatt.dtSt. L.. S3 - 37
35 - 42X 40 - 4.x 38 - 40
35 - 39X 35-40
- 44
311
48 - 475« 43 - 45.x 42 - 48
45-50
44
49
.«. Y. Cent. <& Hud. Riv.
84)4^ 89)4 8754- 9344 87 - 94)4 88)4- 91
83X- m^i 8154- 8854 x83X-x9i) 96X-10154 95X-100X x«8-xl04,X 101
107X 101)4-10654
N. Y. Chicago A; St. L..
4M- 5)4 4X- 5
2 - 2X
\H- 4X
1«- 2«] 2X- 354! 354- 7X 5X- 8X 8 - 1054 8
IX- 2X
1194
8X- 1054
Prel
7)45X 4X- 4J4 4 - S
»«11 - :2H IIX- 21X 18X 20
454- 7X1
I8X- 2»»<
York Elevated.... 122 -130
135 -140
140 -145
West
N. Y. Lack.
84)4- 88
88-88 87X- 8854 88 - 89! 88-90 mi- WXi 89),9254- U4
OiH- 97X 96X-100,X 98 -100
9-2X 925<- 94
J 11
».. Y. Lake Erie ttWest. 12)4- 14?S IIX- 14)4]
14
1154- 13
954- lOX'
18 - 23X 21-54- 27J4I 22X- 8f54
954- 1554' 15)4- 18X
9X- 12
Pref.
23-30 20-30 84 29 81 - 23)4 19-23
18-28 22-31 81 - 3
34 - 384 37 - 40
465^- 5»X
44 - 57
9. Y.
E<i<<<ind..
12 - 14^ 1454- 17X| 15J4- 17
16)4- 82X 1854- 21X 1754- '0
81
20
19
205431
25)4
27),- 3854 33)4- ,3W»4
2354
19XN. Y. N. Haven
Hartf. 175 -180 179 -180X 180 -182X 186
186X-190 188 -188 |184 -186X 186 -186
192 -193
100 -20.>X 200 -204
192X-8004
N. Y.Ontarioifc West... 10)4- ;2J4 1054- 1254
8X- 1154 OH- 9X 654- 8
654- 8
854- llX; lOX- 17
12X- I4X, 13 - 1854 Ul - 20)41 1754- 2i)5(,
>«. Y. Susa. dk West
154- 2M
S
2)4-3
8 - 8X
654- 7I(,
8X 1«- »H 2X- 3X| S - 6
454- 6X
6549X 654- 954
Fret
4J(i4J4
5)4- 6)4
5)47
654-8
7
13)4- 1954 17«- 8334! 20X- »»54
6X5X- 5X
12X lOX- IS
Nartoikdt Western.
- 1354
- 8X
8
8
13
10 - lix
lOXi'ref
21-83
- 255s 88
24X; 19 - 215< 17 - 1854 16)4- 17
14-22 81 - 25X 22 - 24 23 - 94X 30X- 335i 26)4- SIX
Northern. Paciflc
13 - 17X 15^- 19X' le-X- 19
16X- 18)4 16 - 17X 15)1-17
10)4- 83X 80X- 2454 1954- 22X 21)4- 26X 25 - SIX 2654- 3054
Prei
38)4- 40J4 37X- 4354'
3»X- 44
S8X-4054 37)4- 40
37 - 40)4 3834- 4854 46X- 5154 45-4854 46J4- 65X 5454- 6554 57 - 65',
Ohio Central
IX- 1«
IX- 154
«- 1)4
«- J4
H54- 154
HXX- 1J4
H- iH'
H- iH\ 154Ohio dt Mississippi
16 - 19
155414)4- 1«< 1154- 1454
10,X- 13
13 - 16X IS - 1954 18 - 23H 20 - 2254 21X- 85
88X- 28X{ 814^ 25-^
Prel
71-78
78 - 78
Ohio Soathern
9J4- 11
10 - 12
9)4- 11
8 - 9X
9)4- 1254 1151- 17
15 - 21X 15 • 19X
7X- UK 8 - lOX 9 - 11
Oreson Short Line
15 - 19
15X- 16
14J4- 16
18 - 21
1854- 20
17 - 18
245:1- 20.1-i
18X 19X 18 - 19
19X- 87X, 2554- 28
Oceson dt Transcontin'l 11)4- 1454 12)4- 1454 12 - 14
1054- 15
1454
13)4125413X1854
18X- 22;
Pem4a Dee. dt Evansv.. 12X- 14 1854- 15)t 135418X- 21X 20X- 29X 28X- 36'4 3054- 3"^')
854- 13X
14J4
85410
14
75418)215
175424
ISXISX1754- 23
9X
8X155*
PhHa. dt ReadhiK
20X
15)4- 19
13)4- 18X 13X- 18X
18X- 16X 13 - 17
13 - 15X 1354- 21
16 - 24)4 1654- 215i 13X- 26
Pitts.
20X- 83.Ji 18X- 24
«onr.'i23}^-i255< 119)4-124
188 -188
I25X-189
18954-131
133)4-135X 132X-133
Special
135X- 137)4 131)54-140
186X-140 13854-14158 X140X-143
120 -182
181 -129X 18 i -183
180 -120
120 -123
129S!-I3li
130 -130
Reus, dt Saratoga
130)4-140
137 -138
140 -148)4 140 -143
143
-14354
140)4-14054
140
148
148 -145
14054
-143)4
150 -137X 158 -W!
Richra. dt Aiirgheny ....
1«- 2)4 1«- 2X|....
1
1 IX 1 - 4)4 IX- 4
454- IIX
2X 1 - M»
8545 - 9Sj
Klchmond dt Danville. 44«- 48
554
63
49-54 48 - 49X 4»)4- 49 48 - 61)t 60-64 65 - 75 70 Richmond dt Weal Pt.. 19 - 81 46X78 - 82X
76X 71X- 76
73X- 87
19-24 82X- 86X1 8154- 23X
Rochester dt Pittsburg
18X- SOU 20 - 28
27X- S2X 8854- 32X 30 - 3351 31 - 43X 32 - 4254
2H- 3X
2K- 3X 854- 4
3)4
254- 3)4
254- S
254- 3X
SX- 6X
Wat. dt Ogdensb. 17 - V
2H- 454 354- 55( 4X- 651 454- 5»4
17 - 19
18 17 - 17
18 - 16
16
18
^U Louis A lion dt T. H. 80)4- 21X 81X- i» 28 - 18
25 - 26X 37-37
I8X- 18X 18-88
2SX 16)4- 80
15 - 16X 17X- 1W4 19 - 84X 83 - 30
88-85 83-51 43 - 47X 87 - 41
Pref
.... - ....I 75 - 78
80-83 81-91 85 - 85 80 - Sti
St. LoylsdtS. Francisco. I8J420X 18 - 81
19X-2054 19X- 195< 17X-20X 18 - 1»J< 17X- 80
Prel
1751- 19
8O54- 24X 81 - 331.;
18X- 81
18X- 22
85)4- 39J< S5X 88)4
8754 80 - 38X 30 38X30-34
S3X
Isl prel
34X 31X3SX- 41X 4054- 49541 4jij. 471.J
32X- 3554 31-85
81 -87)4 80X- 84X
80X-84)4 79X- 81
79
8454 81X- 84X 80 - 8flX( 81 - 86
82-84
St. Paul dbDnlath
825491X 90X- 99X! 96-99
21-24
24-84 18-34 80 - 25X 23 - 85 22X- 2954 28X- 39J(,[ S3;i- 89 K
Pref.
W«- 77X 80 - 80)41 80 80
88
83-83 77)4- 85 84X- 87 80 - 84)i SIX- 90 8954- 9S5< 97 -101
St. Paul Minn, db Man.
19H- 87
84X- 90
8754- 90J4' 84
90)4
97 -xl 07)4' 103 - 108X 97 -104
Scioto Valley
89X 83X-101
10054-107X 1045S-110X 1065«-111
Missouri Kan. &. Texas
Missouri Pacific
00%- 95
8-8
;
6-7
i
j
8-9X 4-9
N«w
4-
^^
&
& New
I
1
.
[
&
'
:
m-
m-
5-8
j
«
%
H
IW
i
8-10
;
I
U
FuW.dtC,
8-2)4
I
Rpme
-•
I
,
I
.
:
Soath Carolina
Texas d.- New Orleans..
Texasdt Pacific
Tex.
89 - e»H
11^- 13h IS 18J4 »0»<-19!>«
dt St..I.InM.dB.A4.., "
—
7M
8
8-9
lOii- 18
18X- ISX
»X-
11
:
954- I154I 10J4- 18
UX- 14M
...
-
.
..I
14H- 18
8-8
im-
19X! 1754- 82X
-
9X
14X- 18X
49
14
-
1~4
- 49
80)4- 85X'
10-83)4
January
l-itfi
».
THE CHRONICLE.
.
43
COURSE OF PRteES OF RAILROAD AND MISCELLANEOUS STOCKS—Concutdkd.
MARCH.
STOCKS.
Um.
Low.BlRh
MAT.
High Low. High
l>ow. HIgli I.OW.
iVKM.
AVOUVT. siiT'Bjn. OOTUnEH NOT'IIIH. UgC'BIB.
,JOLV.
nigb Low. High .ow.Higli Ixiw.Ulgb Low. High Low.Hlgb I.«w.Hlgb, r^iw. High
I
Uninn PnrlllK
4BSt-
Ml.
««N-01M
41
-
*«< 41W-
4I^64M
«7«- 55M
4IIM
185 -Ibfl
(inllcd (:o«.«l N. J
Virsliiln Itllillnnd
Wall.
MM
15 - 1»
I'r.f
US
-lis
U
- OB
tl
-
18
4-5
Loilimk Poc.
Wnrmi
It
- IS
7 118
«<- 8M|
OM- 7
UN
I
-US
118 -118
AuiiM'loan TrI. >V ('nble,
Knnkrrii' *: SlerrihnnU'
Mulunl Ihilon
3
-
MH-
WoHtorii rnlon
17-80
55-00
10 - IIM.... - ....
58 - 57
54K- B0
58-85
I
»H].:. - ....
14M- 14« 15M- 31
67X- tan l56M- flOM S6X- 5S>fi 57«-
KM
8
7
-
SB
.
mi'
ta
-urnt
....{18aW-187
5M
4!«
8
11
M
1-1
20-20
UH-
2-2
an-
«
...
Ifl
-
6
-
28
-
ISM
m-
mi
IS
8H
ej<r 17)4
18-88
99 - 9S
7 - lOM
95
-av
SM-
»M- 16M'
r,M- 95
12M- 15M
18
-
18M
17
-
M
98
-
8»M 98M- 9eM 97
-
18
•««
I....
TEI.EUKAFH.
Imri-lfan IMntrlct
-S6M 4eS«-59K 47M- SIW 48»- 66M
15-19
9-4
6
1«<
IS
45
87N- a«M •0
-
1
-
UW-
es
55
-
80
88-70
•«M-e4Hi «4M- 71
IM
2
-
ASM-
aM|
»M-
MM
•)«
4M
I
em
WM- «8M
68«- 68M
nn- 8IM
B7M- TWHi X87M-71M ten- acH
i7im- '-m
EX1*BE8».
ISO
Adninn
STii-
Unilcfl Htntns
48
W
80M-
I3S
M
91
- B2)«
-1S4
-
IS3W-138
«8
1
107
-110
rOAli Jk AIIMNU.
Cameron (:Oiil
Colorailo ConI
8
Iron...
CoiiNollilnlion ('oal
tl*
-
lOH
«
10
-
low- >8
- 1S»<
10 -
Iloniettlnke Vilnius
Maryland
W M
BM-
U
i
17
lo?< iiM- IIW
7«- 7«'.... 5«- M< 4M- 4M
18-18
{
- 17
5M- tM-... - ...1.... - ....
SM'
e«- 12M 12«- 17«: 15M- 1»H 16«- »6«;
19-19 lOM- I9M ISM •21mI
... - ....
16 - \Tiii 17 - IIH 18 - 20
18M- 15
8«- 9M »<- lOM
0M- IIM
20
8-8
6-7
18-20
20
-
U
-
....
-
95
95
[
U
8M- 19X 14M- I7M
21M- 96« 2m- 95M
21M- 2W ... - ....
!
5
*«
23-28
90 - 29M
19 - 16M
10
-
10
6 -
9MI 10 - 1551 11 - 14
24
96 - 28
99 - 29
32 - 8«
24M 9S - 2BM 95M-91
230 -I !30
... - ....266 -266
8M- 3M m*' SH HH- -m 6M- 8MI 7«- n?4 6M- IH
23 - 2«
229i- 22» 23 - 21^1 22M- 28^ »8M- 80«: 21 - 38
...
-95
7 -
!
;
I
'
({uicknilver .Mluins
-
lOM- 11
10«- lOX lox-
lOX
(!onl
New ('entrnl Coal
Ontario Silver ^linlnff..
I'enitHVlTanln Coal
I
4«-
4X
1«-
IH
4M-
««
9H- 4M
30-30
Trel"
I
Slautlnrd Coniiol. Mlo*s|
IM-
1«
VARiors.
I
Co
Caiiron
1
j
I
Knras&Co
WcIIk.
188 -UZM 1S8 -146 ,140 -144M 142 -145 il41 -145
135 -187
137 -141
135 -187
SIM- MM 85 - 87m| 83M- <>7!4 84 - B6
85 - 9BM 87J^ 885* 88 -10«M| lOlM-104 101 -106
5(1 - 5SH
54^- e2H 09M- »»m1 "OM- 92M
Sl^- 5SW| SIM- fi3
B2 - 54 {53-55
B8M- 55
52M- Be
10» -110
108 -ill
10»M MOM lie -115 106M-1I1!< ilSM-118 jlie -118 n5M-118 117 -120 117 -194
ZIS3-139
-133
AmrrlcKn
40
('ont«olidnlcd f>nii
Del. A: lludHon Canal...
40
83W- 85
OUM- 83
66^- 74
-
46
44!^
80
-
MM-
44
93
saM
77«- mU,
91H
8'2M-
7954
Iron SleambonI Co
N. V. .V Texan Land
- ....
5S - 53(^
98M-104M' 96 -100
86M-100M' 93^ 99
....
9BM x94M-8a
02H- 95
92M- 94J« 91H- 97M 85M- 88
I
87M 79
...
..
-
-
....'....
73
135 -135
I
- SOU' 74Jfi- 835< 80«- ....1... - ....|.... ....|....
-
....I
...
....'
4-
8r
86K
17-17
-
- B8J*
22-29
17M- 21
...-'150
'..:.
-
....
-150
27 - 30
« - 23J< 24-33 29M- S4?« 27M- 4i>W
29
OreKon Improveui't Co. 21 - 26M 25-34
26M- 29M 21
23M- a4M 22M- 26
235i- 29
61}<- 77
K*y«V Nav.Co... 50J,- 73
7iH'- 8% "««- 81^ 80 -lOOU 97>«-lll'4 103M-110M
81M- a8K 66-71
73M 76M 6BM- 75M 73?^- 78
47-52
4614- 51H 50)*- 58>, 30-70
62 - eSfi
PaciOe ninil S. S
B3M- S6M M - DOM 4e.«. anH 48«- SOH 83
56M 48Ji- KiH 465i- 51M
Pnllman Palace Car
107M 112>» xltOMllS U2M-1I5 113M-117 !xU4 •Xl20 1:5 -1 ISM 115 -123Mxl21-129J^ 123 -129M 128M-188 xl30^-87M :«l -1S3M
|
Oreiroii
I
|
COURSE OF PRICES OF RAILROAD BONDS FOR THE YEAR
(Compiled from
all sales at tlie
New York
January
BONDS.
JtJXE.
1885
Stock Exchange.)
Jci-T.
August, j-ept'der October Nov'beb., Uec'ber.
'
i
|
Low.HIgh Low.HIgh Low.HlKh Low. High Low.HIgh Low.HIgh Low.High' Low. Ulgh;Low,Ulgh[Low. High Low. High!
Atlnnllc& Pac— l8t...6 73M- 77M 73 - 745is 6B - 74M
Went, Div.— Income..
1»M- 18M 16M- 18M ISM- 16J«
-3%
71
15«-
13M- 17
Boot.
l»ii
Erie.-ju
K.& So.-lM
(:«uft
Isi A; col. tr..
C. A: ^^".— 1st..
Iowa
108M-110
S
-
9IM
•97
•91T<- 95
60-60
t91J«
('onv. deb
1^ 68 - 68
Leli.Ac W.B.-Assent 7 87M- 90
!4«rie«
tierles
tSc
Imp
A
B
-104
2d,
I
7 1I6M-118m1
M
118M-119M|
Mo. Riv.— lst.7
1900
7
I..J.A:
Cblc.-l»t..7 117M-117M
ad (3«0)
121
7
107
-107
-
99
lOSfi-lOSJ*
i
»i
i*l>5
-
126
-125
,....
-
-
60
-
I07M-:07M 107
-100
4
1
1
'96M- 96
'83W- 97
-109
S9M-
3954
-
91M
'90
39>4"92 -
108
-108
99M- 99k
88M- 43
94M 94
iO%-
46>ii
41M-49M
•102M107 •10654-110
-101
60
.
37-53
-60
I
•110- lllM •11M-H9
•98 -100
•92 - lOi)
-
-
24M
1
!
ilSSM- 135
104^- 105
87J^-
9«H
97M- 97M
134 -136
1365<-1S7!4 13554-137 il96M-188
Ki854-10»54 10354-10^ 103M-105 '104M-107
08M- 98)i 87J4-98M 9654- »7M 99M- 98«
95-93
90M-88
94J(r
95-86
96M
96 -
ma
85-86
-113M 112M-11»< 111 -111 llOM niM 11054- 112 lllM-115
99 - 9S5i 96M- 89 '98M - 99M 98M-103
64M-100M 88 -100
-10854 111
127M-127M
-117M! 117 -117M
-125
128
-nsM n8M-120M
La Crosse DIv
7 no
7 U7M-118M 118M-n9M
7 119 -118
193
108
1S1M-131M 13054-13054 181 -1S4 133
121 -1345^ 194
118M-lt9
11854-11854
ISO -130
127 -ISO
130M-IS0M 130M-1S1M
118
ll7M-n8M
118M-119M 119 -121
121 -191
118
II8M-I2054 120M-12IM 122 -122
-123
123
I24M-124M 122
119M-119M
7
!
1st I. A;."»I. Div
1st I. AcD. Div
Isi C. dcM. Div
7
125
Consol
7
lis
1st I. A: D. Exteu
1st So. West lliv
1st LaC. A:Dav
7 117M 11954
6 108 -llOM llOM- lli
S7M- S7M'
3 86-86
OS.
9m
115M-n8
117
104
8854-104
116 -lie
-117
-10554 107
-niM
1
180 -130
-134M 118 -118
7 3-10
ConpoQ
25
-119
-109M 108M-109 108M loOy lOOM-lOSM
fcWM- 99M
96M- 97M 9? - 98
89M- 89Ml
gold
'
jll9
1035(-1WM 10IM-106M 106^-107^; 107 -IO«M
:109
-107M
i
189S
1st,
1st
...
- f^l^^
2m-
.
96j<- 9734
Chic. A: E. III. -1st, s.l.d 106 -108
Isl consol., Kold
6
Chic. >lilw. At St. P.—
Ist P. D., 189S
8
'2d,
-
96
I
Plain
....
MO
20-20
133 -134M;135M-136
182 -133
132M-136
97«- 8854 98JS-100
8^-lOlM 99 -lOlM lOlM-104 103M-105
W?4- 95M 96M- 98M 98-99
4 93M- 94Mi 93M- 94M| 96M- 96M| 84-84
.4 93 - 9^1 92 - 99
95 - 85M
925«- 94m! 94M- 93
5
-121
-105
16'4- 17«l I654-
58-06
67-70
54 -S7M 55 - 57
64-66 63M- 67 68 - 69,1^
•118 -113M •113 •114 •113 -11»M 110
110
111 -lllM 111 -niM 112 -112
88 104m' •lOS-lOoM 101>^ iaSH1'102M-106 •lOS-H 075»l iOM<-oej<
•9854-105
94
102M 100«-103M 102M-108 100 104 103 -105M 102M- 105H 102-54 106M 106S4-109 106 -107M
108
1U5M-108
1085< 108M-10854! lOSM- no
10854-110)4 109M-110M 107 -100
103M- 107Mil'>tM-I08
65-70 54-75 62M S2W 91 - 82M 61-66 60 64M 64-70 63 66 68M- 68 625S- 65M 63 - 64M
9-« 98 -103 103M-107M 104 -106
97 ,95-96
95 9:54 9;M- 99
93
8^^100
82M- 88M 90
91M- 96
70 - 74
80-80
76 - 76
77
77
- 84M: 83-83
80-82
84
i3 - 84M 83 - 88M 85M- 87h 88 - 89M
89M asM 80
83M- 87
-110
-109
109
HO
111
110 -110
111
-101
103M-104M 104 -no
96M- 96M 96M- 995* 102 -102 102 -104 101 - 101 lOiM-lOlM 101 -105 103J4-105M
- 72m]'5S - 61
'mi- 61 •60 - 66 •65M- 72M •68M- 71M •63 - 721*1 •68M- 78M "7654- 80
70M- 78M 73 - 79
-23
16 - 19
20
25
83 - 3«4j
23M- 2651 24 - 26M
18M-2
23M- 29
28M 20 - 29M| 2854- 36
- 90 !.... - ..
92 - 99M 93-92
88-86 87 - 87 84M- 90M: 90 - 97M 9654-100
70-72 73-73
70 7254 72M- 76
80-81 83M- 84 85 - 90
77
76
119 -120
lis -12054 131 -121
n8M-n8M
120 -190
129 122
123 -193
124 -124
121M-I91MI 191M-121W
121 -121
11^11W4 120M-120M
121M-121M 122M-122M 131 -121 1.... - ....
- ....118 -118
.... - .... 119 -lis
.... - .... 113 -120
... n7M-n8Miii9 -iisM n9M-n95(
120 -120
.... - .... 117 -117M 118><-119
I17M-118M .... - .
60
Chic.B.A: «i.-Consol...7 128M-131M;i30 -131M 131M-ISS
Debenture
Iowa DIv
Denver Div., 192*2
-121
1Sf4- 20
i
105M-1079* ioa)^-io8M I08M-109M
97;<- B7«
8SM- 85M 87M- 99
j
«
S-e 70-71
I'On.A:
^*t.
121
1854
l.ow.Hltfh
no
-112M
6 93-26
Mnklngfuud
14M-
»>i- 81
24M 23M- 27^,
- 80-541
-
«
6 70M- 74«
Cbes. O. ifc .S. \V
Chic. A: Alton-lst
16»<
71
-
112
102
Cnrrencr
Mort., 1911
15M-
lOH- 72«
-
7
3
Che*. Ac 0.-Pur.3[.fd. .«
113
•100 -102
-101
<'ent.olN.J.-lst,lS9U 7 114 -UiH 109 -119 •109-111
Consol.. assented
7 9i<4- 99M •95 - 99J4 •93 -102M
Conv., assented
95 - V9>t 95 -102
7 94M-100
AfUustmeut
7 lQOM-103 102M-104M 103 -108
Income
Am. Dock
US
86
B.N.Y.A: P.-lnl,l»^1.6;
Central Iowa— 1st
7 85
Eastern Div.-lst... 6
Ills. IllT.-lsl,
1
104
Min. A:8l.L.-liit,«u.7
Ced. R.I.F.A:N.-lst«
Int. l9-il
71
IIM- IIM
101^-103 104 -I06M 1C5M-106M 106^- 108M 107M-108
90-90 80M- 91^ 91 - 91"4 95H 96M 95M- 86
II. A:
Bur. C.
'0«- 72Ji!
- 76
74M
U7M-U7M
Bait. JL-0.-l»t, P. Br..
«iold,
-
-133
[130M-132
-12«4
..
-
129
-118M 118
-119
120
-122
120
...
131M-133
123 -123
128
127M-12S
•118
118
-118
•121
•120
134 -134M 18S -135
125M-125M 123 -125
128 -laim] 129 -129
118 -118M 11854-190
129 -122M
196 -126
125 -126
I
126
-126
-128
127
-127
ISO
-130
-125
-123
120M-1215*; 121M-124), 124
122
118M-12054
iiOM-iilM 11154 11154 1125^113
97M- 97M 96M-I0O
12SM-12(»4
t9SM-127
199M-194
-
lis
.
-n4M
130H-132M
120 -193M
US
-133
-128M 198 -ISOMl 180M-181
123 -125M 196 -196 19e>^I2S
11654-117M
U4M-114M 115M-116
102 -103
105M-106
134M-12554 12454- 12554 126 -128
191M-138M 122 123 188M-193
S8 - 88M
134M-135
123 -128
126
I
THE CHRONICLK
44
[Vol.
XUI.
COURSE OF PRICES OF RAILROAD BONDS—Continued.
NOT'BEB.
APRIL.
BONDS.
Low.HiKta Low.Hleh Low.HlKh Jmw. High Low.Hlgll I.«w.Hlgh Low.Hlgh Low.HIgh Low. High LOD High Low.Blgb Loir.HlRh
.
Chic . Mil w. Jk St. P.1st So. IMinn.
IM H. &
DiT
....6 107
D. DiT
Chicd^Pac. IMv
Western DW
7
117
6
112
-109
-117
-lis
jl(9
118
111M-112M iim-iis« 112M-IM«
122M-123
114
lUa 115 -nsH 115X-117
98
84«»5«
97J<- 99«
93Js0*H- 96M
-llOM 109^112
llSK-llOJi llBJ<-'20Mil20H-123
-119
118H-11S
5 gSM- 9iH eSH- 95
•
91J(-»7«
93«- 9*%
am-
»2>»
-114H 112«-11SH 11254-113)4 113 -!15
120H-121
-114
97 -100
113
120M-121
118
121
-12254 12254-126
117
-117
-U6H
am-
97-97}^
9
Mineral Point
Chic, dc I.. Sap. Div. .9
9 98 •
Wis.dk Mln. DiT
9
Terminal
Fargo iSk So.— A8gm...6
Northwest.—
Chic.
r 104«-10<5<
8.F., 1889
' 134 -ise
Consol
7
Extension, 1889
111
115 -116
125 -188
98 -100)4 O8K-IOI54 lOlX-103 102J4-10(H4
99 - 8954 88)4-100)4 101)4-101)4 100)4-103
90
V7%- 99
98-98
9%- 94X
9SJ4-96
90-9
106)4-106)4
04X- 97
89 - 91M 91H-
118 -117
125)4-127
121 -121
96«(.
9SH
97 - 9954 8954-100)4 101)4-102)4 102 -104
9^' 9
83)4- 95
98H-101)4 101)4-104
111 -113)4 113 -114)4 115 -115
99M 9654- 98K 97H- 88
«5» 92H- 94« 83)4- 85
&
1st
mort., 1889
Gold, conp
C;old, res
—
101J<-101J#
135X-136
7 lOiX-iOSM
101>t-102it
7 12S -128
127
7 I24M-128
126^-128
102«-t02« 102K-102H
1S6U-137H 187 -137H 135 -138
102^ 102H 103 -103
-128J* I28>i-130
128X-129
1S7K-141
102><-1025» 102X-103>< 103 -lOSM
127)^-129
128K-IS0!i 130 -131
130
12^-129
128M-129
110«-118« 112)ii-112>t 113 -113 112>^-11«K 114 -114 113 -118
Sinliins fund, coup
112^-113
6 111 -111 111%-lllJ* 113 -lis Il2«-n2>«
Resistered
Slnkinc fund, conp ...9 103K'104>( 105 -105?^ 1045i-107X tOS -103« 103 -106H 105 -106
106 -106
1045^-105
9
Recistered
9:«- 99J4
99 -101^
96^- 98
9 9« - 9t>H »*H- 97
Debenture
95«97
98»
96M-100>i
29 yrs. deben., 1909. 83K- 94« 94 96^8 9S?4- 87M 96
Ei«cRn.& L.Sup.— Ist.B
Iowa
1383<-140
!tlidland-lst...8 130 -130
130
18^-138
-132)i 128
-130
187)4-188
138)4-188^ 138 -188
12854-129)4 ISO
-138
131H-131H 127 -128)4 127X-129)4 129J4-131)4
-117
118)4-121
118 -118
117
106i<-106M !07 -107
108)4-110
107 -107)4 106)4-108
112)4-116
128)4 190
129 -129)4
115)t-llM4 116 -117
117)4-118
116)4-115)4 11654-117
101)4-103J< <02)4-102Ji 101)4-102)4 10254-106
100)4-108
101 -1029« 10O54-1O1J4 102 -105
111 -111
132M-IS4
-ISO
-131)4 182
13^-13^
133
108
102
-133
107)4-110
108 -10854
-103)4 102)4-104
-10!^ 10254-104
114 -117)4
132 -183
129 -129
129 -129
7 121 -128)^ 121«-123 124 -124
12!%-127!ii 127 -127
Chicilc IMil.-lst
Winona dk St.P.-lst.7 104«-105X 105)i-106)4 108 -107 10e>4-106>< 106J«-107^ 108 -:09 104)i-105)4 105)4-106 105)4-106 10654-106 10654-107
-127
-127
-125
126
-126
126
125
125
126
7
-128H
'id
St. P.
lOOJi-1015* 1015^102Ji 102)4-1039< 10454-105
I00«-101>i 101 -108
lOOJi-102
105)4-1055i 104)4-105)4 105)4-106)4 ir6)4-106)4
Ottum. C. F.
P.-Coup. 6 125>^1275i 128 -120 128?(rl»0J« 129 -129» 129?<-131 131>»-13^ ISO -131)4 128)4-181 130)4-130)4 131 -132 181)4-132)4
Chic. R.I.
129 -130
6 126^127 |127«-127J<:128«-129H 1S9>^-129H 13»)4-;29,^ 138 -188 130 -130
131 -131
Registered
131)4-1315<
12854-12854
106«-107
1
&
&
Exten. & Col
9
105M-106Ji'l07 -lOTJ^ 1075i-1085<t 1081^109
-107
107^-108
107J4-108
Keoli'lii&DesM.— lst,9 IMii-JOm 105
6
Chic. dkSt.Ii.-lst
Chic.St. L.ifcPitts-lst.9 75 - 78
Chic. St.P. Itlin.dk Om,
...6 111 -112
Consol., 1930
78H-73K
lim-113«
iio;^-ii2
ChicSt.P.&M.-lst..6
6
Gen. mort
103*^-104
Cln.A: S.-Gu.C.CC &:1.7 UOK-niJi 111 -lltii
Guar. Ijake Shore. .7 112)^113 115 -115 114 -114
CI.C. C.& l.-lst, B.td.7
122 -122
Consol
7
-122
7
Consol. S. F
122
124 -121
- 9«< 98-99
General cons
6
99 -100
- 59
I.-lst,con.«
Col. Coal
67 - 70
66-66
.
- 70
-104
—7
60-6
78-74
74 -
112 -lis
;12 -113
117 -11^ 116)i-119
reg.7
-112>4
6
. . .
3d, Ext
-136
128^-124
H7
-118
112)4-114
M
4th,:Est
4^
lS7Ji-138
80-86
-
S4
- »2\i
48H 46«- 50
47«
879^-41
80-80
7^4- 77
- 76)4
114)4 115)4
116 -117
117
-117
-108
-118
-123
-122
102)4-107
80-92
8«4- 85X
78)4- 80
108
-108
103)4-103)4
-113
-118
11454-115
1 1454-1 16X 115 -I175i 116)4-116)4
110 -118
120 -121)4 117 -118
11774-118
120 -120
131)4-133
tSS -133)4 134)4-134)4 134)4-137
118)4-118)4
187 -187)4
109 -109J4
10154-101)(i
101^102
128 -128
-134
-129
103 -103
108)4-102)4
128J4-120X 1295<-130
140 -140
1S2^1325« 138)4-13^ 136 -186
1275^-128)^ 125
138)4-140
138
112)^116
114
123 -125
124 -125
122
124
122
90
- 18
84-90
46)i-
5^1
48J<-
140 -140
135
-135
-126
11154-112
11054-11054
103)4-103)4
130 -ISl
12754-129
18854-128)4
-116)4 116)4-118)4 115
138
-138
1148
-116)4 116
14054-11094 148 -144
-114$( 114)4-114)4 114)4-117
-122
-126M 12554-128
-122
12054-122
97)4- 99
89)4-
9354-102
-
M
51^
61!4- 575s
11454-115)4
137 -137
-141
-133)4
-141
118)4-114)4 118)4-114)4 11454-115
-115X
-144
- 41
64)4- 66)4
55)4- 64)4
84)4-
''8
38J4- 40
88)4-42)4
42 - 48)4
48
80
- 78
- (
54)4
60-65
65-66
-
141
129)4-128)4
124)4-127
126 -127)4 128 -130
121)4-124)4 122)4-184
100)4-101
108 -104
111 -116
115 -11854
68)4- 78
77 - 86)4
88-85
iOH -41H
142)4-14254
118 -118
138 -138
-140)4 141
-117)4
-120 118 -121
-126
124)4-126
184 -126;4 125 -126
125)4-128)4
188 -124)4 122)4-125 124 -124)4
99)4-100
10054-102)4 100 -101
100)4-106
104)4-112
108 -112
UO)4-llW4
-118)4 116X-117)4
-114
-143
118 -118
137 -1S7
135J4-135« 135J4-135J4
-144
143 -143)4 143
-140
9SH- 97«
49H 50
51
-124
-180)4
130 -133
12554-128
12354-125
104 -106
104 -105
113 -183
ll'^4-121
83 - 88)4 8354- 87
68)4
68)4- 75)4
83)4- 87)4
71)4- 76)4
70
75-88
81
-
85)4- 83
72
83
'116 -115
44)4- 48
'92-92
IIH-
1^
SB^- 90
106
104
51
11»-
1^
-
10
92
- 12
88-90
84-88
123)^124
125 -185
115
44)4- 48
48)4- 4854
10)4- 11)4
lOX- 11S4
-
SSH
sua
118 -113
116 -lie
129 -129
6*J<-
S^i
10J4- 14)4
-86)4 84
-126
-109
108 -108 110 -110
11254-ll4« 112)4-11454 112
109 -109
116 -117
116 -117
188 -128
58)4-
61J4-
6W
-116
14)4- 1854
118
-118
5654- 80
6«4- 64)4
51)4- 52)4
62
16)4- 19
96)4- 96)4
17)4- 2154
-
57
118
-118
120
-120
62)4- 68)4
55)4- 59
64)4-
- 23)4
1954-
19
71X
57)4- 63
22X
50-60
85-86
-102H
103)4-104)4
107H-109 105)4-105)4 108 -108
-117M 112M-114
48)4- 525«
'95-85
-109X1 107>«-lO7« 108)4-108)4 108
-104
102
102 -103)4
115 -115
- 75)4
81)4-
M)4- 54)4
49«
123 -128
103)<-104
89-90
106 -113
-
Erie dk Pittsb.-Consol.7 toe -loe
ET.dk T. Haate-Can..O 96X- 98
107
112)4-112)4 113
117 -117)4 118
5(% 46M-
64)41
- 6
- 86
86)4- 81
12^-126)4
9454- 96)4
124 -12554
96)4-100)4
25)4-127)4
112 -118
108 -10W4 106)4-10654 105 -106
106)4-107
104)4-10554 105 -106
11054-11054 112)4-11S4 110 -110
110 -111)4 110)4-111)4
106)4-107)4 109 -109
108)4-109 Hi 107^-107)4
127 -128
-116)4 116)4-121)4 121)4-125)4 121 -123
123 -127
126)4-128
116 -116
lis -113
122 -122
118 -120
116)4-U'H<
119 -180
120 -120
120 -120
134 -134
4M- B3M
124)4-124)4
48J4- 6354
81)*- 69«{ 68J4- T154
88J4- 8454 8254- 80)4
- .... 100 -101
1
84)4- 82
....
<{
6
87 -103
85)4- 88
-123
-124
40)i- 4oh;
W.-
TemoB— 1st
76
138 -122
125 -125
123 -124
119 -120
Dock
7 113K-113X
BnO. N. Y. dk E.-lst.7 ISO -130
Mt.
74-78
140 -140
JLong
6
6
76 -7(84 74 - 76
65)4- 78
118
S
New, 2d consol
1922
Income
75-76
60 - 68)4
-140
1888
7 107 -107
1st, consol., gold
7 ll^i-120 111
1st consol. fd. coup. ..7 114 -116M
Col. trust,
66-70
140
8th,
N.Y. L. E.dk
-100
60-65
136 -136
136 -180
119k-122
96«- arm 95 - 95J« 95«- 96
46»4-
-11»«
111)4-112H ill
140 -140
5 107^108
Ext
llOM-112
137 -187M
Stii- 38
80 - 80
40 - 40
V. dk G.-lst. .7 115 -115
Income
-lU
-118)4 112)i-115« 115)4-118
DenT.RioG.W.-lst..6
OeuT. So. P. dk P.— lst.7
Det. M. dk Mar<i.-lst..6
EliE.C.dkN.-lst,1920.6
Ells. Lex. dk Big. S.
6
Erie-lst, Extended. ...7
90-90
118 -119)s 11^-121
121 -122
tl9!4-120
119)4-181)4 120^122
118
132
7 114^-115
7
7 122 -122
Consol
S
Consol.,ex-canp.9tol3
DlTisional
9
86-6
-80
114
184
Consol., guar
7
N.Y. L. dk W.-lst....6
Const ruction
9
Denver dk Rio G.— lst.7
Consolidated
7
Trust Co. receipts.
TO
1U^1]2
Sj-r.B'n.dkS.Y.. lst..7
E. Tenn.
-13254
-llOH 110)4-110)4 108 -110)4 109)4-11054 110)4-111
-109
108 -108
108)4-110
108 -108
108 -108
108 -108
102)4-10254 10254-103
103 -108
n2)i-112« 114 -115
Oel.I,acl(.dkW.-CanT.7
Mort., 1907
7
1871
111
-120
Rens.dk Sar.—Conp..7
iMmort
1900
76
117 -117
Ist con. guar
6
Ist, con. guar., reg.«
Essex— 1st.
76X
115 -115
^
7s,
-132
101)4-101X
Pennn. Div.— Coup
1»1«-1S2^ 131 -13^ 181 -131
Penna. Div.— Re«.. ..7 131hrl32
Alb.dk Susq.- iHt m. .7
110 -110
109 -1C9
mort
7 103il<-103?i 104K-104X 104^105
1st, con., guar
7
127«-197}<
dk
131
104X-10«4
&
Rec, 1894
76
109)4-1095* 107J»-110K 110
10^-109)4 108
10'n4-108)4
98)4-98)4
&
Consolid'nCoal— ConT.7
Cal.H.VaI.dcT.-lst...9
Pa.-lst.6
Cnmberl'd
2d, 1^S8
6
Del.dEHud.C.-l8t,'91 .7 109^-111
Coupon, 1894
7 117 -117
Morris
-10654
-11S54 118 -114)4 114 -11^ 11644-118
122)4-123
123)4-123)4 123)4-124
121 -121
12154-122
12154-183)4 122 -122)4 122)4-123
116 -115
115)4-115)4
103)410^ 105K-106 103)4-103)4 105K-106 10954-106 105)4-105)4 «6?4- 97J4
-110
110
....Il08 -110
....
110 -111
10754-113
109 -109
112 -117)4
125)4-126X 120 -121)4 120 -181)4 12I)4-122« 122 -122
124 -124
125 -125
12254-123
121 -121)4
114 -116
118)4-118)4 119 .120
123 .125
121)4-121)4
123 -128
U0«-112«
117 -117Ji 118 -119H 120M-128 120)^122
St. P. dc S. Clty-lst. .6 116?«-117J^ 119 -119 120 -121^ n7«-118
Ch.iik W.I.-lst,s.<.'19.6
1st, con, guar,,
106
.
87 - 37
985ii-102
- 96
M
102-4-104)4 108)4-105
94
-*7
84-94
105
-108
95-96
106)4-108)4 106)4-1075<;i08
,
86 . 99
96 - 8J
40
-100
- 41
41-48
109 -10e5( 110 -112
88 . 8£T4 8-54-100
97)4- 88
I
;....
-
..
-113
100 -106
:11S
-114
Jamdaht
THE CHRONICLE.
1886.]
9,
45
COURSE OF PRICES OF RA.ILROAD BONDS—CoimifUED.
JANVABY PlBB'BT. MARCH.
BONDH.
Mat.
April.
ivm.
I^w. High Low. Bl«h Low.Hlgb Low.HUib Low.BUh Low.HUih
&
P. M.-Itlorc-.S 114 -tlMtll4
Fl.W.ikOriiT.C.-l»l .6 OS - as
Flint
'
«
us
-116
-
«8
•8
<ial.ll.i!k Il.al>»i4....a
....
(jnl. II. Ar !>iRiiA.-lM..« 1(M
"Itit
Uir-lM...
%Vri>lrrii
lid
SI
8
iiirome
K.-Ut
«:ull riil.& 8.
lUM »1H-
&
W
inn-
S8
-110
106
8-8
-
eu
so
80
13 - IS
-107H 104
103J(i-103« 10a»(i-108J«
ConHol
<f
Hen. llrldiie('a.-lsl-.6
t*t.
.
Iloii«. e. ik
-
HI -114H....
-114
-
eW«
68
70
-
70H- 78
71
68-68
WeNleru DiT
100
82^1 snt- aoH «OM-«oj« 90J(l-9H<
....
-
66 -ian
13 -
....
14
- 16
-106
I^
101
115
-UWi usH-uaa
S
(•ourrni more
'»»%- eSK 'SI
8S -106
',8 - «8
7 88K-
Mnin Line
IIS
.
91
-102
-
....
-
-118
....
,"80
8^
....
- 88
-
-104
78-18
UM
-lOB
-
'l02
...
92H 02M- 88K aSM- 9«M:
70-73
87 - 71X
16
103
78-72
18-19
IIH- 25
I09M-118
- 18
-110
-
82-88
....
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ilI5
....
-
78
Vnt- 71
-
-
mn
....
I
-118
-
-106
....
|....
-
....
28-20
jus -190
84-80
79«- 84H'
1
111 -117M117 -118M
116M-117
-
....
lOe
....|lO4H-106
106)4-106
•93-96
•94«- g7)< •06W-160
84«- 84H.... -• ....
•98 -1U0H*0B -100
•09N-10S
•eaa- 87
•mi-
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01
•88)((- 94)4
86-78
6
Central—
»(priniil. UiT., 1H9S..6
77J,- 78
62 - 52
50 -
50M
....
-
....
...
-
....'12s
....
-
- 94?< •94
•95-95
77-80
...
68-66
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80K- 31
I
79 - 80
...
'
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-ilBii
80 - 86M
06 " 66
I
18-81
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I
OlM BIX- 98
80 -81
81 -81W
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.
-
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....
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7
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....|
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....
..7 103
uwa
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7
tnort
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77
;
50«- 60
-
81
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68-56
68«- 6e«;
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125
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-
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6
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3 104 lOSM 106
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Cednr F. JkM., l9t...7i 116 lie lis
-
-107
-
107
-110
109M-112H llOH-111
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111
-111
115H-U6
118 -118
116}<-118
71H- IS
87-68
...
111
-
113
114
-114
-125
-119
119 -119
....
1909
2d, 1909
Eamcru Div
Cou. income
111)^113
112)^-113« 113 -113)«illH<-114H110 -111«
[1^-114
113 -114
113K-
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121
3,6' 73
3i
a
69
6i 78
6 26
Ind. Dec.<&8p.-lBt....7
-
-
101
78
65
80
25
I
741<- 74>i
74-73
72N-
77-77
55 - 53
75 - 75
15 - 1!%
54-54
75-76
iHt.exlunded coupon.
act- 20«....
income
t2d
'
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Intern.
-
8^-9S«
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107>i.I86
18
105
...
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&
M.
m
.
87-87
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Ask
7
Erie-New.. ..7
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l>etroit
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10
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87
65
-
13
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1st con., coup
1st con., reir
*2d con., coup
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Lione Island— 1st
124^-126
12IH- 122
7 126
7 125
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7 115
7 115
7
-
3
-
102
ad
'
123 -124
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128 ,126 -128
- 115Ji'll5
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125?< 126
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-
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123
-
128
....
-
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l.ouisv.t&N.— Consol...?
Cecilinn Brancii
7
N. «. Mob. Jk T.-l«t.6
104H- 105 ll05H-106
117J^ 117 - 118H!ll8 -119
....' 96 -100
78)4- 81
80 - 82
j
6
06M
87
15«l
102
88X- 90
102
[
-
Pensacoln DiT
fi
St. I.onis Dir.— lst...6
S>t. Louis Div.-ad. ..3
Nasii. Jk Decatnr
7
So.
No. A la.-!>i. F.6
Trust bonds
73?^- 84
6 70-75
Tcn-Foriy, 19a.l
6 62 - 6iii' 66}^ 68
Peusac.dk Atl. — l»t..6
I.ou. N.AII>.(fc C.-lst.6 90-98
89 I.ouisT. N.O.iT.-lst.a 87 - 87>j 87M-89
-
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-
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20/,, ...
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71X- 72
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79 - 80
- 72H!
114
73-78
em- 88
81-23
73«- 82
16;<- 22
60-65
72-72
20-22
76 - 7B
75 - 84K
81-83
68« 70
- •ma.
-
....
77-80
90-96
32-38
- 94
96
-
28-28
'
...
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M2H-IU%
113)4-114
81)8- 84
81-81
..
.
- 14
14
-118
90-99
20X-
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IM
....|....
92Xi 90K- 98
73-78
67)i- 68
67)i- 78)«
70
82-86
23-25
89-82
83-90
88)4- 90
24
28-32
-
31
-
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84-84
85-28
82)4-83)4
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88)4- 90
87H SSa- 91
24)«- 3lii 30 - 30)4
2?
20X- 25
84
25-26
ll«<-121li
iai>
121
-
106 -106
83H- 90
1
M
Co — Lim.7
10S«-10%
-lOSK IOSM-10^ 105 -105
-12^
122
-122
104
-104
n9M-i2l
121
68-75
106
00
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90 -100}«
S^- 90
-90X
48-48
-108
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-46
!<h.A.-W.-lst..6
H
6
80
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105J4-1OT
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92«- 97
108
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97-98
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78
76 - 81
100 -lOOH
ma-
74
71
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98«-100«,100>4-102J4 !0a -105
7BH- 79X.... - ...
96-06 97}<- 99 C9^i-t01
7
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97)4- 99»lJ 99)4 102)4 lOlM-106
esa 86 - 88)4
- 965i: 95)4- 98
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94-94
107
103
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53-53
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105
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81«- 84
94«-
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95)4
....
95
7
100
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6
....
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75
- 78
68-72
54)4- 55
52
-
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97 -100
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86)4- 89X
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90)4
107)4-108)4 108
100
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124
90-90
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'
39)4- 42
I
123
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123
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42?4- 48)4
I
\....
-
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107 -109
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I
-128
129 -131)4
110 -110
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100 -106
100 -101
too -100
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106)4-106)4 107)4-107)4
92 - 96^
94 - 95
69J4- 95
104)4-106)4 104)4-107)4109 -114
127
100«-100h 9794- 97M 99 -100
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- 86)4
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90)4-90)4 90)4- 91)4
77-77 77 - 79
118 -118
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106
-104
10354-106)4 106)4-109
-103)4 103
_
43)4- 44
-126
124)4-126
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84
85J<- 87
99 -100)4 100
-117
77-77
80-86
93-95
102 -107
94)4- 98
130 -130
183
...
-123
120 -ISO
100 -100
100 -100
103M-I03m03H-104
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89-90
113)4-118
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-
102
90)4- 91
117)4-117)4
i
....!118
111X-112J4 1095<-114
-
....
-
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10(^-102 103)4-104
lOOJi-102
115
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102 -106
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50)4- 50)4
50)4- 61)4
95)i| 95!<- 98
86 - 90)4
95X
124
100)4-100}4
100 -100
Mo. K .it T.-«en. con. .6 64 - dSH 63-70
I<>en. consol
3 iOH- 6aH 50X- 66
*
....
127 -128
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101)4-102
100 -101
101J4-103)4' 102)4-10:D4 101)4-103
91 - 91
lOlH
-126
105 -106
!id, 1!S91
income
UO
107)4- 110
95K-101H 99X-101J4 101
...
62X- 52X
58J4:.... jl23
....
'
-108
80-84
97J<!
125W-127M ;27VS-128M 126 -128
-
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90
107 -109?^ 1(18«-113
06H58«-
....
118J4-118« 118)4-120J< 120)4-120)4!
125 -125
122 -122)41
^"-fc 122)4
108 -1»
107 -107 108 -108 108 -109
93-07 06-96 90-95 90-91 90-97
93K-100
87 - 89K 90 - goM 90 - 90!i 90 - 90)4 90)4- 91)4 »1«- 92)4
Mil.<3kNo.-lat
90-90
6
MInneap.il: St. I..— 1st. 7 no -1109<'ll9^-182X
12m-121«
Iowa Extension
7 113 -113 1II6M-II8X 116M-116X 115 -116
Consol
-120
128
3
Jack. I.. (&; Sag., '91 .6
Mid. ol N.J.-lst
6
120
il2254-12«)4
128)4-129^ 129
128 -128J^ 128)4-129
125
127 -128"<
127)4 127 -128
11:%. 118)4 118)4-118
120
117)4-1183< 118H-121
...
Mich. Cent— lst,cousol.7 124 -125
1st, consol
3 104 -105
Coupon, 1931
3 98K- 00
Income
MichiKnn DIt
•122
-
90-90
4S
....
11())4-116)4
.
Cent.-lsl, ex cp.7
1931
122
127
96X-98K
102
-
.
73-80
106
-
77-78)4
6 92-04
1S99
....
115)4
115X- U5J1 115 -116}< 112 -112^'
120 -120
122 - 122
1043<- 104« 106!^-107
107)i-107« 10^- HO 105
nea- 117 V.7Ji-121 121 -121 121)4- 123)4 128
98
-:oo
101 -101
98
98
82-93 93«- 97 94 - 96M 95
79«-
tienip. <&
CkB».-T.Ii..7
nietropolitan El.— lat..6
101«-101?il01?^-101J< lOlK-lOlH
115 -115 ;il5;4-115H 117)4-117)4
122)4-123)4
-123Hjl22)4-123« 123M-12 )<ll8()H-120X .... - .... 106)ii- 106)4 108 -108 1... - ....].... -
-114
128«- 1291^ 129 -129X 129^-130
126 -128
125;^- 126
125^a-129
115«- 116
115^-116 I12K-118
&
lid,
-115
62)4- 67X!
85 - 85
68-70
esii-
I
67« 68«- 68«
60
E. H.ijt Nnsli.-lst...6 99M<jenM mort
6 70 -
I>.
-
,
103
106?i-106!< 102)^-103
.... - .... 114
115H-I15)stll8 -118
ll»>«-120^iia3 -183
L, .Shore- Dividend..?
Mil.
18
18
90-9
66itt
P.-l9e....7
d: T....7 124 -124
Keitistered,
87
- 91
104M-106 107 - 112
65 - 67M »7H- 77
70
63-63
83X-86H 66-82
25-25 14 - 14
64H-
7 104H-104^, lOSH-'-OBH
CI. Pains. &:
•2d,
16«- 19ii
84
M. So.—
New
!»lex.
68-72
15
88
81
!
101«-101)».... -
N.I. i^kK. rd..7 102 -102Hi 102?<-102J(l Umi-lOmi
!S.
CIcT.A; Tol.-S. fund. lOlX-102 ,102)*-102)< 102)(i-102>« 102>i-102J( 103 -108
tInn.B.Inip.
68
i-...
I
..
- 18
71
l.aice Sliore Sc
72«- 72H
15 - l&a
85 - 85^! 85hi-
j
1114
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76-84
75 - Sa^
58 - eOH
76 - leu
IW«- 99J«
.
—
68 - 81>i
50 - 69
51
-106H 106J<-108 105 -107
66^- 68mI 04-66
eoH- 70
-
Income
60
I
-
Coupon, 1909
6 64H- 73 f«66-70
Iron .Si'mb't Ca.,1 901 .6
•0 -100
Jefferson— lat
7J
Kent. Central— aiort .61
191 1, stninped
4 65«- eSH 64 - esH
Lake Erie ifc W.-l8t..6 80 83 80-83
22
20 - 26
Income
7 20
^andnsky Div
....i 75-78
6|
$audu»ky Div.— lnc...[
l.a). Bl. <&;tl.-lat....6i
7SSK
|119X-119X119W-119)<
120^-124 126 -188
...
110
Ind.iil.i'kW.-liit,prer.7|
iRi.
-
118 -118
,;106
127)4-127)4 126K-128K
106 -107 108 -108
105 -106
108 -106
104^-106
1M)4-106)4
9554-100
110 -113
HI
84-86
82
98M-103
-113)4
-84
110)4-110)4
96 -100
130 -13(44
97)4- 96
120 -180
102 -104
118 -118
-106
Ma
8e«-98)» 88)484)4- 00
70«- nSH 74)4- 7854 77
88)4- 85
74X- 78
76-80 74)4- ISM
64)4- 72
70)4- 18
68M- 62K, S7H- 61
54H- BO?t 54H- 61
60H- 66
103 -lOS^ 104Ji-107)4 106)«-109 107 -10^ 106M-115
109M-111)4110 -Ul)4illOM-ll^ 118 -lis 113)4-115)4
57 - 67
8W4-89H
60 70
77
I
I
THE CHRONICLE.
46
[V(MU XLII.
COURSE OF PRICES OF RAILROAD BONDS—Continued.
Mo.Knns.
Han.
Mobile
AUGUST. SKPT'BER.
April.
MARCH.
Fkbe'hy
BONDS.
Tex.
i&
& C. Mo.-l»t
& Ohio-New ..6 100
Collat. Trust
lat, exten., 19'i1
106
-104
85-55
iMprcf. debenture
-10^
06^-107
57«- 57« 61
106^-1065i 106)^-106
««-
- 51
50« 55
m
-34)4
30
30
85-26
&
Mutual Union T-S.F.6 06^-
6B« «9
-
69J<
69-71
- 70
-U7H U7J<-11»<
I«a8hv.C.<& >*t.l..-1»t. r
New J. South.— (Junr-.e
N.O.I'nclfli^lst, ex cp.6
....
55-6
ioi«-io;«
m. fd .7
96-97
.5
69 - 70
134 -134
.3
Sdmort
Harlem— Isti coup...
•
96-9869 - 75
am
66H-
66
121«-122
- 70)i
ll^-120>«
6iH- 65«
N.Y. Central-Kxtend.5 10258-103(« I03«-t05 104X-105>< 104)s-I06
105>j-105>« 105?<-I05jj
« 104 -105
1887
-135«
N.Y. C.Jk H.-l»t,cp..7 129 -134 132}^-133?< 1335i-135 134
' 129 -130>e 132K-13S5« 1SS^-134H 134 -13454
iBl.reK
5 102X-103 108«-104>i 101^-102}^ 102M-102W
Debenture
. .
.|107H-1IK
110 -111)4 111)4-112
100 -101)4
100 -101
101 -102)4 100)4-101
60i4- 54)4 64 - 66:88)4- 61
- 41
32)4- 34)4 34
37 - 42
- 66
55
-
2.)4- 82)4
4tb pref debenture
T.-l«t. 6
Morgan')) T..
Can. So.— 1 M, guar.
-108
-109
108 -108 107)4-109
107 -108)4 107«-108
'id prcf. debenture..
3d prcf. debenture..
Hud. RiT.-!fd,
NOV'BEB. DBC'BKII.
High Low. High Low. High Low. High
Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. Hlacb Low.
-
85-85
....]
- 79
70 - 76
119)4-120
75 - 75
75
121)4-123
10O«-10O9« 100
77)4- 81
81
122
31
J
57«j 58-65
89
100
1
!
80-83^
86)4
-65H
-126
125
-
:!:t
-
:«(
-107«
-105K 105?<-106
-122X 122)4-125
82-85 BOH- 68 50)465
104K-105J^ 104Ji-l05>4 106)iJ-106>4l 106)4-106)4 106 -100«
1069<-107!.4
106)«-106H 106Ji-1065i 100 -106
ISD -13«>4 136H-137M lS3)4-lS4»s'l33 -134
13394 138)4
135 -136>« 133M-134)4:1»4 -134 'lS3K-134|l
134>t-136
103 -104>,S 104^-105
104)4-106 [105)4-106)4, 1035<-106
1025i-102% 1023i-103
08 - tl9« 965<- 9S!
70 - !2ii 65-70
:
33 - 37
31 - 31
- 81
125)4-126)4
49 - 65)4
104 -10554
-107)4 10354-104)4
13654-138
137)4-138'4
60)4- 67)4
-107)4 103)4-105
06)4-107)4 107
136 -137
13;))4-i:is
13554-136)4 136)4-137
105 -106H 10554-1 06)« 10654-101)
.1.
96
98 -lOO
- 98J4
86-70
67)4-
99^-100)41 99J<-101Ji 101
96)4-100
69 - 7«
-140
69)fi
76-78
77)4- 79J<!
77
-103)4 10254-101
85
10394-109
83-87
88)4- 85)4
138 -138
135
-138)4
|137)4-138X 137 -138
133 -186
-187)4 130 -136 !l36)4-137X 137 -138)4 138 -138
lat. reit
76-84 7354- 83)4 76)4- 81 78)4- 90 86)4- 9254 8954- 99
N.Y.Chlc.JfcSt.t,.-l»t
89-65 80Hr 60)4
49 - 59
45-45 45)4- 49)4
66-66
2d, 1923
54-57
40-40
38)4- 41
41)4- 47
45J4- 46)4 45 - 56)4 86-60
40)^
35«- 87>« 35H- 40
89MN.Y.CIty Jk No.-Gen'1.6 33 - 85J< 34-35
54-88
39)4- 40
89 - 40
40J4- 46)4 45V4- 46J4 45 - 56)4 56)4- 80
39J435>i- 40
83Ji- 35% 35-87
33ii- 35
Trust Co. receipts
121)4-123
124)4-127
125)4-127
-121?4jiai)4-124)4 121 -123
121)4-123
124)4-127
7 114 -117 117 -119)< 117 -IWH 118 -ll9ii 119
N.Y. Elevated-l»t
•1854-120)4 •21)4-123
124 -125
7 104 -108 111 -111 110«-111 114 -114 117 -117)< 117)4-117)t 116 -117)e
N.Y.& N.EuK.-lst
•10)4-110)4
118 -114
105)4-107
100 -lOlk
6
1st, 1905
-111
-11154
111)4-111)4
-110
111
108
111
111)4-111)4
109 109
109 -109K
N.Y.N.H.&H.-l8t,rB.4 105 -108
•63-70 •70 - 76)4 75 - 79)4 •78 84
•57)4- 57)4 66 - 70
•aeiii- 60)4
•50 - 56H •86 • 56
N.Y. Susq.iS:W.-l8t...6
•42)4- 42)4 •47)4- 55
•5494- 5854 •98
59
132Mi-t33>i
7 12WlS-130!^ 132 -132 135
74
.6 SBH- 92ii 78 - 92
51 - 61
6
133 -133
185 -135
-135H 136«-135)« 132)^-133)4 135)4-135)4
86 - 78M
- 90»( 75K- 79k 66-77
1
I
1
mi
j
Debenture, 1897
N.V.dcTex. Land-Scrip
5 sm-
1st, reit
Trust Co. receipts
NoH.dc West.-Oen.
New RlTcr-lst
Ohio Central-lst
M
Income
Miss. Con.B.
Ohio
&
34
37«
33«- 35H
33
92 - 93M 93
.
-
7
5
44i-
4154- 44)4
42 ij- 44)4
43)4- 44)4
3354- 43)4
41)4- 4354
42)4- 44
43)4- 45
4254- 4354
4454- 46)4
- 4«54
86)4- 89
Se)4- 89
86)4- 80
90
99-90
97
9B - 95
94-94
58-62)4 mi-
4-8
116^-11^
7
7 118)4-1I3W 108 -lU
100 -1009i
7
S
DIt
35
67 - 81«
lie>4-ll7)5
1st, Sfirlnsf.
4154- 4.154
naa- 30
305i- 3
31 - 3754
34)4- 44)4
29-30
- 97)4
4-8
82
2
117«-117X 117 -117J< 116«-116« 115K-117
I..
2d, consol
57
88J4- 3154
94«- 96«
94
-
36%
30?^-
6 94-94
6 56-69
Consol
60-60
28)4- 31
50-85
S95i
N.Y.W.Sh.ifcB.-lst...3
117 -117
108)4-110
109 -111
100 -ICOX 98)4-100
117)4-118
117
-11754
118)4-119
118)4-119
109 -109 113 -lis
1095i-110
-
122
11S54-11854 117
-117)4
120
112
-
2)4
-122
-120
-113
122
122
70
8754- >»
General, 1933
Ohio8outhern— Ist.... 6 82H-
8634- 87
86-89 87)4- 88
89)4- 8954 89X- 90
am S4H- 90
21)4- 23
2d, income
6 21H- 22« 20«- 2Hi 23H- 24X 23 - 2454 2: - 22)4 20 - 2054 21)4- 22
Or. R'y. JkNnv.-lst...6 106%-107H 107«-109« 109)4-111 111 -112)4 lll)4-ll2)s 11254-113 11054-112X 112)4 113)4
-
I
1005<-10054 103
Debentures, 1887. ...7
Orec. Imp. Co.- Ist... 6 69H-
Oregon Trans.— 1st
Panama-S.
65
...6
75
68
-
74}^- 80
80
eta- 69
68-75
«
F. snb
101
- 81J<
80-83
77
71
87J4- 69
80)4- 83
-78)4 67 - 70)4
114
,-^i
103)4-10354
- 73
I
-123)4
96
-100
74
- 74
-
4854- 50)4
108 -108J4
99 - 9»W
8
-123)4 123
-18.*
-122
-183)4
111)4-115
93)4- 97
81 - 81
89-94)4
96
28)4- 34
31)4- 43
-100)4
114)4-115)4 111)4-115
123
113
-114
78 - 79)4
97 -100
36 - 4194
112
-114)4
I.
77
88 -
- 83)4J
75X.'
83-85
76
-
- 80)4l
84
80
-101
»2V4
9094- 9594
8354- 91)4
89)4- 93
7954- 9454
101 -101
OT
Bl)4-
Railronds—
Pacific
Cent. Pac.-Gold
6 109>i-110?« 110 -112
6 104H-105!^ lOi^^lOS}^
Cal.dc Oregon
6 96-97 86-9'
Series B
6
Land grants
6 lOOK-102 101^^102
Wettern Fac
6 107 -107H 107 -lOSii
Nc^thern, Cal.-Gn..«
ii:«-iis
11154-1125f 112)4-114
104)4-104)4 103 -105
113M-115
-100
-100
98)4-99)4 98 -100
101 -101
10054-101
San Joaqniu Br
'•4(o.Pac.-Gen.lst, I.g«
Gen
.
100
99>i-l01
1st, I. g., reg. .6 100 -lOOJj lOO
Gen., I. g., 2d,1933 6
So. Pac. Cal-lst
6 95
So. Pac. Arizona - 1 st 6
So. Pac. N.Mex.— 1st 6
Vnlon Pac.-lst
6
Ijnnd grants
Sinking land
Registered
8
Collater. Tr.,
1907.3
110
117
107
At.J. C.& W.-lst.O
Oreg.Sh. Li ne— 1 st 6
Ctah South.— Gen
Ext'n, 1st, 1909.
Mo. Pac.-lst cons..
. .
3d
..
!M
8t.Ii.&S.F.-2d,cl.A
Class "C"
Class "B"
Equipment
7
t«enernl mort
So.Pac.ol Mo.-I St. .0
oir.
96-08
93
- 93)4
-U2
108
97M- 99
93)4- 86
94)4-1
97 - 98)4
113)4-113)4113)4-11354 113
..
'l07)4-107)4 108
... -
-115
-108
10454 10554
116
115
-120
-
....:108
-108
110
-110
-llOH
1
-120
98)4-10154 101
-102)4
-101
00
- 99)4
- 99
120X-120)4 121)4-131)4 118
-119
111
111
-111
-111
109
-;09
112)4-113
- 09)4
112 -118
109)4-111
110)4-111
111
- 99)4 98 - 99)4 97)4- 9954 9S
109)4-111
98
93)4- 989c
90)4- 90)4
93)4- 94
98-98)4
90)4- 92)4
92
9154-98)4
90 - 9194
99 90 - 90
98 -101
05)4- 95)4
02-9
110
-111
-
95
92-95
98)4-100)4 102 -:02
99)4- 99)4
9054- 91)4
9(^4- 67)4
97)4- 99)4
90
90-90
90-90
95)4- 96
-
90
85)4-100
105)4-105)4 108)4-108)4
100
113
103 -104)4 104 -lOS
115 -117)4 114)4-117)4 116 -11834
106 -10ll)t
10454-105)4|104 -10.5)4 105 -105-94 105)4-!0n
113)4-114)4
110 -110
110)4-111)4 112)4-113
11.314-117
104 -106
100 -10)
100)4-100)4
101 -105
99- -10.3)4 103 -I0S)4
90)4- 9754 6754- 98
97)4-103
-101)4 101
-118
98)4- 9954
96-67
96-97
- 98
9«)4- 98
-102)4 102)4-10354 10354-106
113)4-114
98
-
99
114
-115
88 - 99)4
99
-104
100
-104
6|.... -
89
i- 68
- 54
- 62
-
-
35«-
-106
102
-108
94 - 9454 98)4- 9454 91 - 91)4 91X- 9354 91 - 9154 91 - 9454 W94- 9794 95)4-1113
-10454104)4-10554 10554-10654 10354-103)4 108)4 10354 103)4-104)4 10354-104)4 104)4-105)4 10454-106
75
78-78
373«
80 - 3434
52-55
48-63^ 47-80
49 - 81
44-48
52 - 67M
104
- 05)4
106)4-107
74
36
97)4- 90)4
87 - 87
106)4-107)4 107)4-108
97
120 -12094
92)4- 92)4 9854- •'>«
-lis
110 -llii)i
-lis
-111)4 i09)4-in)s 111 -112
-10194 98 -101)4 99)4-101
112)4-11254 113
111)4-112
118
10854-109)): 109)4-110;
93)4
92 93)4- »*H 94
-lOSX 103 -103^ 104 -104)( 104
89-93
103)4-105)4
99)4-100)4 101 -103
101)4-101
11 9)4-1-20
10)4-1 10)i 112)4-113)4 113)4-114
-108
96)t- 9854
95 - 96)4
93)4- 95)4
106)4-107
-121
11754-119)4 ns>4-i20)4 1-20
-118)4 118)4-118)4 120
-107)4 107)4-108
75-75
32-38
51-54
80-82
11454-117
108 -lOK
•-• - •• 100)4-102)4 101)4-101)4 102)4-108)4 103 -in."vi,
- 98)4. 99 -100)4 100)4-10054 100)4-101)4
- .... 10454-106
104 -106
102)4-103)4 103)4-103)4 103)4-101)4
-108)4109 -109-Jl 109 -109)4;ll0 -110 111 -lll)4illl)4-112
-98)4 98)4-100)4 10054-10254
9554- 97
97)4- 98
11354-115X 11454-116)4 116 -115)4 115)4-118)4 115)4-116)4 116)4-117
104)4-104)4 105)4-105)4 105)4-106X
10754-10754
121 -121
121 -122
123 -123
119)4-120
120 -121
121 -121
93H- 94)i 9354- «4
93J4- 94K, 90)4- 96
112M-113W 11254-114)4 114)4-116)4 115)4-117
-108
-llVyi 117J4-119
5)4-106)4 106
102
coup...
107)4-107)4
33)4- 37
60 - 63
48 - 50)4
44)4-44)4
85 - 3894 36 - 40
54 - 56)4 55 - 88
49
- 5154
47)4- 48
48)4- 63)4
43
- 48
.•»
- 4754
46-50
- 66)4
51)4- 60
66)4- 69
48
61
60
- 68)4
3494- 4«
48)4- 4994
59-6454
- 61)4
53-87
- 64)4
- 69
!
81
6.354
42
57)4
40-86
-
'
4>«
4k
Pltts.C.«c8t.L.lstcp7
Coupon
....
9^
ifc Pac.-lst... 6
Consols
6
Inc.i& land gr., reg.
1st, Rio Gr. Div..
Pa.Co.-Coup
RegiMered
-11154 108
105)4-107
I01)4-I0l)s 103)4-103)^
Texas
Grn. .M.ifc ter
Pennsylvania RR.-
97
98
-10354 ....
11154-114
- 98)4
-106)4 103)4-10554 102)4-104)4 103^-105)4 101)4-10454 104)4-106
105)4-106)4 106)4-10954 10954-113 [111)4-11.'>
106 -10894 110)4-110)4 111)4-11454
104^4-104)4 106 -106
-104Ji 104«-10«< 103)4-103)4 10154-103)4 10354-105
02)4- 93)4
At.Col.dk Pac.-lst.
Ex Aug.
9954-102)4 102
-10954 107)4-108
no
109 -110)4 109)4-110)4 11254-1125^
108^-110)4 100)4-111)1 10554-109)4
92)«- 93*1 92)4-:01)4 96 - 9954
02W106 -106
106 -106 102)4-102)4
89)4- 90
91 - 93
90 -92)4 92-93
90-90
90 - 90
87)4- 02
84)4-87)4 84«- 86X 85 - 91)4 90 - 91-54
96-96 98-115 96 - 97 99 -99)4
90 - 90
87)4-87)4
91 - 94X 92-97
94 -103)4 96)4-100
95 - 97
99)1-104
99?^105)s 1055<-107 107 -11454 10854-111)4
1035<-104
105
-10554 195 -106
105)4-1065i
104X105)4
108 -108
108)^-109
101 -101
10154-102)4 104 -104
103 -103
87^99 - 99^ 98)4-100
t9«-101)4 99 -100)^ 96)4- 97
9958-lOOM BOM- 100)4 100 -101 )s 99)4-101
97 - 98
1(
10(^-10054
99)4-100
108)4-109« 108
109)4-109)4 110
C.Br.lT.P., rnnd.cp.7
Mo.— 1st.
102)4-103
111)4-112
106 -106
-105H 105
8
Dear. Div.-Ass'd 6
1st, consol
6
Pac. ol
100
100
anu. 93
- 86>e
7 106)^107
K. Pac.-lst, 1893.0
Isl, 1896
6
•
-103
I
-123)4
109)4-111
67
-102
-100
2-3
93
75
-103
-
Wii- ven 97 -100
9SJ4...
-
-100
0^-
90)4, 98)4-100
9994-102
97)4- 90)4; 99)4- 9954 100 -101
!l20 -120 L... . ........ - ..
101)4-10254
99)4-100)4; 100
101)4-102)4
99-34-
9^
100
-100
100
9954-100)41101
09 -100)4 [lOl
-101)4 102 -1029< 102)4-10»>4
-101
101)4-102)41 102)4- 102>«
Janitary
9,
THE CHRONICLE.
1888.J
47
COURSE OF PRICES OF RAILROAD BONDS—Cosclided.
JANUARY KEBB'KV. Makch.
Apkii..
MAT.
JVSK.
ArOUBT. Sept'bxb. OrroBBB NOV'BtB. nco'BBB
Jolt.
Low.IIlKh.I.ow.HlKb Ixiw.HIgh Low.lllvb Low.High IXJW.UiKh Ix>w.Hlab Low.Blgb Low.High Low.Blgb Ix>w.I!lgh Low.nWb.
Pennaylvnnia KK.Pllia.Pl.W.&C.-lM.7 m&H-liiSM lSeM-187
•id
»
3d
t
188
-188
\am-\io
6 107 -107
4tU
Mt. I..V.iVT. H.-IM.T lis -lis
7
id, aunr., IM9((
IVorln Dec.Jt KT.-l»t.e
110
-110
98
103
-:08X 100 -108
Inroiiit'
l'roi-iiiA-l'i-k.lIii.-liit.« 101
IMimb. CI. it Tol.-l»l-6 107
9B - 95
00
-
50
6
B2
107M-107W io6ii-i(mt
tan SIX- 83
«3>i- 96J«
-
59
Con.,
9»M-100J<
99«-10tX 100
57«. 611^
(tl
89H- 90
iM.ex
li
7
81. Jos.<VG'd Isl.-l8t.6
lis
*id«
110)4-110)4 110)4-111
-111
90-98
88
8B
28 - S8
- SI
127
188
128
-It*
104H- 188)4
90-90
85
80
.
80-86
87
61
- 64)4
30)4
100
96
88
87
- 86)4
-
too
4S
-98H
88-41
106)4-107
-108
80-44
41-48
-te
98 -100
86-48
40-44
60-80
70-70
67-75
70)4- T4
98
-
-102,^
82-65
60
I
-
90H 90«- 92X
107M-107H
80-67
SIM- 88
lOlH 102)4
102)i-103!4 100
62 - 84M
110 -llOH
93-94
'89)4-
67 - 67
62)4- 88
61
-
-103)4 103)4- 104M
64-67)4 67-73
64)4-
81-87
4 - 79)4 73 - 82)4
108)4-110
110 -110
01 - 93
91 - 93
90
'«))4
104«108?4 108 -109)4 109 -112M
no
91
84
•101 -107
103
86
-
-
88M
-112
98 -101
-loe
60-60
!07 -107
«M- 76X
33-33
T4M- TV
33
-
73
8SM 86
-
-
75?i
aea 34«- S4X
111
-111
110 -110)4
74
81
75M
7054-
33-88
- 76)4
74>^
-81
30>i- 30)4
110)4-111
76)4
34)4
77)4- 78){
75)4- 82
BOH- 86
33-83
88-39
37)4-
104
83)4- 80
41-4*
4»4
103
-104
8^-88«
income
All.*; T.H.-l»t.7 .... - .... 114 -114
106 -lOSM
7 109 -109
prcl
99 -ICO
7 98 -lOOW 96Jii- »Hi 99 Income
ma
27-27 85H- 28
S0«- 31
<i «U - 80
nividend bonds
Bell. i&Sa. lll.-li>t..8
111«-I13 U2>i-lU"^
St. I...Jt Iron Mt.-l»l..7 113M 114« 111 -113
7 1C3^-105« 103 -105 'l05X-lC«< lOSJ^llO
3d, 1897
-106« 1055^-107Hil07«-109« 109^-1U
-112
115)4 116)4 112
!*l. I,.
•id,
181)4-181)4
-180
lao
110
-lis
-
81
-184
129H-1S0
10«W-10^
-e»n 83-66
6 S2 - B2
«tt.-l»t...7 109 -:oo
Income
t2H,
S4
107H-''08
6 90-00
-118
86-86
20-80
184
li6)4-lS7 1S9 -129
108)4-108)4 108)4-100
117)4-115
lOlM-lOlM
-10754
-
-188
141)4-141M 141)4-148
188 -188)4 ia8«-18«4 188 -las
140M-t41
186 -138
98M 9H(- uiH
101><-101M
Rorh.d.- l'lllsb.-l« ...» 108 -108
Income
-
-101
IMiii«b.Br.&Bu0.-lnt.6
Ktchinanil <,V All.-l»t. 7
Truni Co. Urcrlpm ...
Rich. >t Dnnv. -Conn. .6
Rome \V. A-
140 -140
-140)4 187)4-188
lllX-lllK
US
«S
6 Mii- M)i
Coiiflol.* iHt
140
ISS
-108
lOe
Iiioonic
Di'beiilure
-14m
U4M-1MM
CleT.d; P.-Con».«.rd.7
Evnimv. IHv
189
187 -137H 188 -140
iri«-i99M 180 -130
106
96
25
-109
109
96
98
-
107
-100
99)4 100
-
112
10254- 102)4
80-35
25)4
-114
110
-118
i09;4-iii
111)4-112)4 111
104
104 -104
-111
114
109
-
37
-
39
35
loe
-107
30
- 61
- 41)4
- 115
.
118)4 115
•
108)^ 107)4- 108
-104
60-80
114«-114?<
114
107
-104
84)4- 87
118)4-115X
-115)4 11S)4-11SJ< 1155<-n»
-114
no -111 110J<-II9
114
11554-116M 114)4-:114)4 113)4-115
108)4-110
110
110)4 110 -110)< 112
108 -109 !109)4 111
110 -111)» 111
111 -118
-112)4 112)4-114
110 -ITS
100)4-110
10954-11054 109)4-110
100)4-100)4 100 -111
106J4-11075:4 107 -107)4 107J<-109
102>i-102« 101K-10BM|104 -105 |l04 -107
70 - 7l9i TOM- 72)4! eoH- 74
74
82 71« 74
72 - 73)4
80
78)4- 81)4
83)4- 88
CSen.cont«ol.«& I. e
5 «9yi- 72
110 -lis
10894-110
no -110
Si. p. i&;nuluih-lRt...S
-115)4
109)4-110
-114
jlll
-111),;
-115
-115
115
112
inf111«
114
115
111)4-111)4
115
114
113)4-113)4
lAl.P.ilIlnn.dc ni.-lBt..7 108)i-l09
6 110 -111 !llO>i-lll)4 112M-115 ,110)4-112)4 ill - 11454 114 - 115)4 114^116 113 -115)4 116 -117 114)4-116 116H-117 117 -lis
3d
no -•1:1 112«- 114 113)4-114)4 114)4-115)4 116 -117 117 -119 116)4-11^ 117 -118
10054-110 |110 -111)4:112 -113li|llS -113
Dakota Extennlon
lis -117
6 1COJ4-102M 102)4-105 106 •lOR 108 -106)4106 -107)4 107)4- 112X 109 -lis 112)4-118?<
Il35,-n3?< 114 -116
Im, cnnMol
107 -107
111 -111
108)4-106)4
6
MIn. rnion-lut
40)4- 46K
41
41
!!>ciato Valley— l»t, con.
Ark. Branch
7
Cairo & Fulton-lat..7
Cniro Ark. tfc Texas. 7
106
103 -108
103J4-106
106
-10fl>i'l065i-110
—
110
•
111)4 I08)i- 110
109^ 110 109 - 109H 106)4-109
10o« 107)4 10454- 105 106 -107
{109)4-110
72-75
M
79-86
I
—
40-40
Shenandoah Val.-lHt.7
South Carolina— 1st... 6
•id, 1»31
e
Incomes
Ohio
52 -
73
89«
26-26
SS - 28
87)4-87)4 60 - eo
30 - 81)4
61 - 61
7
105 -105
30 - 35)4
35 - 38)4
60 - 63)4 67)4-67)4 70-70
34
60
65-65
60)4-70
70-71
116
78-80
78-81
77 - 80)4 79 - 80)4
70-80
90-96
81-33
78-80
St. l.ouis Jt
54-88
80-83
35 - S-h\.... - ....\.... 29M- 33)4
72-74 73 - 795, 75 - 7»)4 75-78)4
80-82 76 77)4 78-80 76-78
7|
29 77 -
27-30
6
50-50
55-57
5S)4- CO
48-88
-116
935ig-
28 -asjt
36
68-88
- 70
69
-7«
-.as
117)4-117)4
9654
30-32
96-07
0654- 97
- 31
43J4-80
98
50
81-82
81)4- 88)4
88)4-
69
saH-ee» 60
31
83)4-68)4 645<- 61
-
60J4
-101
85X
- 68)4
Pnc-
Genernl mort
Chic. DiT
6
Tovra Division
Cairo Div.-t931.
.
5:
Tol. P. <& W.-lst
Trust Co. certs
7^
74^
7l«- 72H
68 -
70)4- 78
67-72
72)4- 73)4
30 - 42)4 38M- 41
40-50
72)4- 77
7B - 78M: 78),- 80
83-87 89-01
77
85
92-98
86)4- 87
62-62
63)4- 68
....
W.-
106 -108)4 108
Tal.il:
1 St, cxt'd.7 105)4-106
9754-102
101
St. LouUDIv
7 97-98
3d, extended..
7 91 - 91)4i 91)4- 96)4 94
,
EquipnifMit
Cons., conv
7
7
GU Westem-lst
7
3d
7
iJt Tol.— I St. .7
St.Ii.K.C.&N.-Rl.E.7
Omnhii I>iv
7
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7S)4- 82
78-78
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90-03
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75-78
70)4- 80
108
01
-108)4 105)4-107)4 106)4-107)4 106)4-100)4
100
-100
99
00
20
76
106
-
-
92
I
92 - 97
93-95
I
90
108
•99
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I
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95 - 95
88 - 90
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105)4-107)4 106)4-
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-
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101
j
102
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80-86
65-70
65 - 71X
70
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78-83
82
!
88 - 90)4
9354- 96)4
77)4-82
89M-100
74 - 78
965i-100
100
79-85
81
VH-
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78
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-
84
10^-109
-106K 105)4 107)4 10654-108
9454- 99
1
j
83 - 85
'
110
7
110
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....
-
.
117 -117
118 -lie
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103
am- 84
58-89
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.... - ....] 80)4- 80)4
75)4- 75X 80)4- 87
108 -109)4 109 -111)4:109)4-110)4 110)4-1 low 112 -113)4 11254-114
-
....
116
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-116
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....
-
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115)4-117
116 -118)4 118
116)4-118
118
86
-
93
I0854-1005i loe)4-lll>
98 -100
98H-iM
.......
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- 78
92-94
82-88
105
-10754 109)4-109)4
00 - 91)4
81 - 6S
85)4- 80)4
55-60
90-95
113)4-116
4
West. In. Tel .-Coup..
Recluered
....
71-71
-102
-108
995i-101)4
Clarindii RrnQch...tt .... - ....! 78-78
Chas.
St.
Bridi[C....«i 75
78
80 - 80
North. Mo.— Ist
7 11094-Hl)4;112 -114X
West Shore, suar
M
9354- 03)4
91)^ 93
eon- 64
mt
((uinry
100
...
SO -SSh
8154-88)4
78)4- 83
- ...
105
106)4 103)4-105
90 - 90)S ....
- PI
-
-
80-70
I
1
-
60-60
....
<
105
....
45-55
47 51 - 51)4
70 -ao
63 - 72)4 72-75
108 -109)4 109 -110
110 -112
inx-n.?
100 -100
ICO
-102)41
07)^-101
102J4-104X
99 - 09)4
96 -100
mU- 96 94)4-
.3
Wab'sh-Mort. 1909 7
•Coupon
-7»)4
106)4-107)4 10754-109
Crnl.-lst..1>
Vlrclnia Midlnnd-Inc.tt
Wab.
.30-31
7
Tex.Jk N.O. lst,190.5 7
Sabine Div.-lst
«
T.&St.I,.-M.JkA.,lst.6
Tol.al:
70
104^-108
il03X-101
102)4-108
6
Texas Central— 1 st
1st, S. F., 1909
45-50
40-40
925i- 94)4
1125K-11?
100 -104)4
-11854:il.S.X-ll»)|
-118
ill854-118)4 123
-123
oir.
COTTON
CONSUMPTION AND OVERLAND
MOVEMENT TO JANUARY
I.
To-day we are able to make up our overland statemeat
for another month, so that
it
now
covers the
first
third of
the crop season.
the increase
1.
of cotton marketed by rail thus far has
is
also very decided, th.«
188.3 disclosing
an increase of
184,865 bales over the former and 1.55,797 bales over the
latter year.
Shipments from
Central, Evansville
OVERLAND MOVEMENT TO JANUARY
The proportion
the four months
comparison with 1881 and
cinnati
& Lexington
Cincinnati,
by both
&
St. Louis,
and over the
Illinois
Terre ITaute. and Louisville Cin-
Itailroads, as
river
and
well as
rail,
the receipts at
are considerably ia
The nel figures also make a veiry
December total being 18.3.955 bales,
ious year.
The i/ross movement for December reaches
against 130,193 bales in 1884 and 121,163 bales in 1883,
280,019 bales, a very heavy total, exceeding that for the
and for the four months reach 525,092 bales, against
corresponding month of last year by 72,627 bales, and 358,048 bales and 382,415 bale?, respectively, in the tw»
showing a gain over December, 1883, of 66,796 bales. For preceding seasons.
been greater than during any similar period in any prev-
excess of a year ago.
favorable exhibit, the
THE CHRONICLE.
rvoL. xLii.
1885.
Receipts at the porta to .Tan. 1
Net shipments oTerland during
1883.
1884.
bales. 13,.i91.638 3,662.205 3,479.937
same time! 525.092
382,415
358,048]
bales. 4,119,730 4,020.253 3,802,352
Total receipts
Southern consumption since September
Total to January 1
The amount
1.
131,000
123,000
115.000
bales. 4,250.730 4,135.253 3,985,35 2
of cotton marketed since Sept.
1
in 1885_
thus seen to be 115,477 bales more than in 1884 and
is
265,378 bales more than in 1883. To determine the portion
which has gone into the hands of Northern spinners during
same period, we have prepared the following.
the
Total receipts to Jauuary 1, 138S, as above.
bales. 4.250,730
Stock on hand comraenoeraent of year (Sept. 1. 1885)—
108,225
At Northern ports
At Southern ports
21.314 —129.539
2.382— 132,421
At Northern interior markets
Total supply to January 1.1888
4,383,151
Of this supply there has been exported
to foreign ports since Sept. I. 1885 2,033.130
1.537—2.031.591
Lessforeign cotton included... bales.
Sent to Canada direct from West
21,061
.
751
Burnt North and South
Stock on hand end of mouth (Jan. 1, 1886)
bales. 28S,656
AtNorthem ports
844,8^2—1,131,539
At Southern ports
At Northern interior markets
9,989—3.194,932
Total takings by spinners since September
Taken by Southern spinners
1,
1885. .bales
Taken by Northern spinners since September 1, 1885
Taken by Northern spinners same time in 1884
1,188,219
131,000
1.057,219
807,337
increase in takings by Northern spinners this year
The above
249,88-
Northern spinners had up to
January I taken 1,057,219 kales, an increase over the
* This total Includes sliipments to Canada by rail, whlob since
September 1 in 1885 amounted to 21,081 bales, in 1884 were 9,077 corresponding period of 1884 of 249,882 bales and an
bales and in 1883 were 8,216 bales.
increase over the same time of 1883 of 167,150 bales.
BECEIPTS, EXPORTS AND SPINNERS' TAKINGS.
AMOUNT OF CROP NOW IN SIGHT.
As in November, receipts at the ports record a decline
In the foregoing we have the number of bales which
from the figures of 1 884, but in the present instance the
has already been marketed this year and the two previous
falling off is somewhat less, reaching only 34,291 bales.
seasons.
An additional fact of interest is the total of the
This small decrease becomes of little importance in consecrop which was in sight on January 1, compared with
quence of the very heavy gain in the overland. The
"We reach that point by adding to the
previous years.
December receipts have been 1,069,920 bales, against
above the stock remaining at that date at the interior
1,104, 211 bales last year and 1,059,653 bales two years
towns, less stock held by them at the beginning of the
since.
In the total for the season to date the loss from
In this manner we find the result for three years
season.
1884 is 67,567 bales, and the increase over 1883 is 114,701
January
1 to be as follows.
on
Galveston and New Orleans still present figures in
bales.
indicates that
excess of a year ago, but all the other large ports show
1885.
1884.
1883.
Bome falling off. Foreign exports during December exhibit Total marketed, as above.... bales. 4.250.730 4,135,253 3,985,362
527,707
339,000
373,000
» decided decline from the figures of 1884, but in com- Interior stocks in excess of Sept. 1
Total in sight
bales.
4.778,4371 4,474,253
4,358,352
parison with December of 1883 there is a slight increase.
This indicates that the movement up to January 1 of
The month's total has been 647,824 bales, against 838,327
bales and 630,353 bales, respectively, in the two preceding the present year is 304,184 bales more than in 1884 and
years.
For the season to date the loss from a year ago is 420,085 bales greater than in 1883.
As it will interest the reader to see what has come into
264,097 bales, and the gain over 1883 reaches 153,938
each month of the season during this and previous
sight
bales.
Below we give our usual table of details.
years, we have prepared the following, which shows the
Momment from
a*tt.
1.
Jan.
I,
1889 to
Knee
1888.
Sepf.l,
Stoctts
Jan.
movement
1885.
6*lT«ltOB
Indiuiola,
Kew
for the last four seasons.
1.
1885.
Jlontht.
1884.
1883.
1882.
538,886
&a.
Orleans
Mobile
Tlorlda.
•Taauh
Bmswlck, Ac
Okaileston
Port Roral,&c.
WDBlngton
Morek'd C, &«.
September
October
781
1,180,717
485,552
1,360,870
1,443,433
November
December
157.828
.S1.999
413,836
1,488,582
1,309,111
1,390,902
1,360,404
450,047
1,325,716
1,317,773
1,264,816
1,190,761
1,402,952
1,435,006
402,336
4,778,437
4,474,253
4,3,'i8,352
4,421,055
58S.86'
Total 4 months.
11,648
378.207
WEIGHT OF BALES.
8,778
7B,5e«
To furnish a more exact measure
4,189
1,
Morfolk
we
of the receipts to Jan.
give below our usual table of weight of bales.
WMtPofnt,&c
Same
««wTork....
Four Months Ending Jan.
BoatoK
Baltlnore
1886.
1,
I
.Same
peri'd in peri' d in
1884.
1883.
PUhidelphla,&c.
Toial 1886....
Ifumber of
Weight in
Bales.
Pounds.
Average Average Average
Weight Weight. Weight.
Totil 1884....
Texas
Total 1883...,
' areat Brtuin
ezporu tnolode to the Channel
Using the
we
facts disclosed
by
the foregoing statements,
shall find that the portion of the crop which
has reached
» market through the outports and overland, and the
Southern consumption since September
1, this year and
tiie two previous years, is as follows.
1,139,717
157,328
Alabama
Georgia*
South Carolina.
Virginia
North Carolina.
Tennessee,
>
r
539,606
Louisiana
<&o..
635,504
386,985
550,237
80,755
760,598
Total
4.250.730
Inolnding Florida.
290,384,674
552,899,511
80,079.952
312.432,832
185,732,800
262,463,049
37.954,850
372.099,754
2,08 4,067,422
519-61
485-12
489-22
516-72
477-00
498-00
471-50
474-00
470-CO
467-00
496-75
511-72
479-00
492-00
471-00
471-28
475-53
473-10
493-00
490-28
481-92
483-25
50900
491-63
480-00
477-00
47000
January
THE CHRONICLE.
1888.]
9,
49
be noticed that the movement up to January 1
shows an increase in the average weight as compared with
DICEIIBEB
It will
the same periods of the last three years, the averaj^o this
year being 490-28
Oalo for
404-08
481-92
bale, against
per
lbs.
the same time
in 1884,
483-25
lbs.
per
lbs.
There has been a more active business
New York
month than
the past
i
is
generally wit-
expired at
the
transportation
the
demand
at
part of the mill agents.
At
the leading centres outside of
UnMltUa.
lAabauia.
ISO.TVS.WI
178,0M,7M
78,MS.7M
S4,aS0.479
3<,4»2.a68
CertlBc's, net. iLi(tbailv) I0B,.'I89,«01
10e,»S4,0»S
.
8.563.990
169,151.974
93,179,489!
92,702,64*
Net
124,787,106
.
82,034,464
on hand
New York,
however, trade has been quiet generally, with
41,731,200
43,290,643
14,055,000
17,765,000
2<O,000
210,000
13,790,000
17,056,000
.
Certlfic's. net. KhUihlliiM)
Net U.S.notes in troas.
National Bank notes
Deposits in Nat. Banks.
27,941,200
12,90;,4S8
2S,7S5,943
2,888,060
18,695.238
Balances. .(Asset)
Public Debt axd Int.—
3«7,009,109
264,439.749
1.838,898
. .
demand
part of the month.
first
two weeks, but
for
a few specialties in
the early-
Interest due, unpaid
Accrued inte-est ...
Print cloths were very active the
latterly there
was
less business,
3-19c. at the opening.
ally
3-13c.
for 64x64s,
against
due, unoald
Aoc'dint., Pac.
Stocks of print cloths are exception-
Debtand
month about
November 30,
On December 30,
reaching at the close of the
small,
444,000 pieces, against about
and 762,000
.'tTOiOOO pieces
the end of October,
was 1.146,000 pieces, and for the corresponding date in the previous year was 819,000 pieces.
Messrs. Remington & Davol's annual report places the
at
1884, the stock
production at Fall River for the year at 7,380,000 pieces,
against 7,555,000 pieces in 1884,
per year
is
stated at 9,152,000 pieces.
The supply
first
hands
The normal production
is
of brown, bleached and colored cottons in
by no means large, but the leading jobbers
of the country are well
supplied for some time to
come
with the three last-named descriptions, and manufacturers
should govern their production accordingly.
—
Matured debt
Inter't on matured debt
Debt bearing no interest
Int. on Pac. BR. bonds
and
the market closed quiet, prices having weakened somewhat,
the closing quotations being
76.449.333
76335,766
sliver In treos-y
(/iMec)
U. States notes
Certificates issued ....
Certificates
Balanctt.
14e,301.48fl
(AuMt) 189,S10.281
121,34:),77«
Cortlflcates Issued
31,164,311
Certificates on hand..
Certiflc's, net.(£.uibi7iti/)
USB.
165,(iA4,018
.•),797,041
.
10.
14T,9U1,S0S
in treaKliry
.
a pretty fair
amd
251,946,578
140,047.060
ise,7io,oaO{
.
Bullion
eral transactions in bleached shirtings,
corset
on tiand
colored
unchanged prices, and libwide sheetings and
jeans were stimulated by slight concessions on the
cottons were in fair
Ataet*
Total silver
companies
Brown and
month.
end of the
iMued
Certlflcatefl
N«t Rold
made by Western jobbers whose
low-freight contracts with
At§«U and
Sii.VKK— Dollars, stand'rd 169,71S,I90
nessed in l>ecember, unusually large shipments of some
descriptions having been
Certlfloates
cotton
in staple
NOVIMBIB
(Aiuet) i8S,3Sl,40e
Total gold
THE COTTON GOODS THADK IN DECKMBKR.
im&
74,807,429
Bolllon
1882.
lbs. in
goods at
G<IM>— Colo.
1883 and
in
81.
1,.S03,0S5
1,825.230
9.498,080
8,892,740
3,447.475
3,569,105
202,218
217,036
2,933
1,631
18,450
BR.
b'ds
i,9.'«.7o:
\ni..^h'Mhi\ity)
16,910,951
Fract'l cur*cy
redeemed
2,923
One & two
notes
yr.
p'd.
Int.oh'cks
& coupons p'd
101,383
Debt and
inter'st.(^sjten
104,286
32.830
34,461
16.608.399
16,506.665
D-bt&lnt.net(Li<ib«i(v'
Res've for red. U.S. notes. 100,000.000
Fund held forredi'mp. of
41,819,777
notes of Nat. Banks
Fund held for redemp. of
114,939
Nat. Kold bank notes
Five p. c. f'nd for redemp.
12,003,702
of Nat. Banknotes
100,000,000
—
—
Redemp. re8'r.(L(«6i?i'fi/)
Nat. Bank notes in process of redemp. .{Amei)
39.543,961
117,544
13.119.456
153,638,418
152,780.981
3,487306
.
Net
res'rves.(I/uibMifi/)|
150,129,549
Post OflBce dep't account.
8,038.601
Disbura'K Officers' bal'ces.
Cndistrib'd assets of fail'd
National banks
Currency and minor coin
20,986,228
149,293,666
3.106.457
24,813,222
I
568,864
429,373
7279
13,754
146,893
89,723
810
810
3,991,479
8,942,789
337,889
141,460
iLiabiWy)
29,068,5,"i8
lnt.on D.CoI.b'ds pd (Asset)
2,519
37,638,529
7,429
redemption account
Fractional silver coin re-
demption account
Interest acc't,, Louisville
&
Portland Canal Co
Treasurer's transfer ch'ks
and drafts outstandinK.
Treasurer U. S., aeent for
paying int. on D.Coi.bds
Total
Net
•
(Liability)
29,054,019
37,629,100
Balances. .(Liability)
193,»90,2>23
202,.'S29,134
.
Net balance
ri,oi8,sra
... (Asset)
Asset« not available-
Minor coin
Subsidiary silver coin...
61.93
526,815
616,172
27,796,431
27,920,309
Aggregate net Asset
8,812,148
90,467,076
....
THE DEBT STATEMENT FOR DECE\IBER,
1885.
The following is the official statement of the public debt as
it appears from the books and Treasurer's returns at the daae
of business on the last day of December, 1885, according to
the new form adopted April 1, 1885.
IST3BE3T-BBABING DEBT.
The above pricea are— For
cotton, low midllin? upland at
New York
or printing cloths. miQufaeturers" prices; for slieetiaga,
agents' price
which are subject to an average discount of 5 per cent.
UNITED STATES TREASURY STATEMENT.
The following statement, from tlie office of the Treasurer
was issued this week. It is based upon the actual returns
from Assistant Treasurers, depositaries and superintendents of
mints and assay offices, and shows the condition of the U.
8.
Treasury December 30
Characttr of
Inter'L
Itsue.
P'V-bU
*s
Amount
Out«tand<n«.
JU^tend.
Coupon.
«
I
Option. Q.-F.
191.190.600
Q.-M.
199.698.250
t
t
970,952
50:1.438
937,600
955,547
7,377,482
14.000,000
•«4,623,512
810,000
3,814
210,000
18.450
1.9.'W,706
l,0'«,050,bl2 182,806.450 t .280.778,862
1,S-31.5.S5
11.438,804
4s
1907.
60.301,750
606,438,550 138,301,700
45 refdg.certfs.
**
..'.iy-""" mature
$
S-W
1891.
Aggregate..
Accnud
iiUnpaid. Interett.
194,190,600
250,000.000
iHi
Q.-i.
O.-J.
8s, pension
,.
J.&J,
PaoiflO RRs... J.4J.
Due
Int.
Total.
•64,688,512
.Ian. 16,
787.74.S
16.516
1895; $640,000 Nov. 1, 1895: $3,680,000 Jan. 1, 1886 :
; $29,904,95^ Jan. 1. ISSSj »U,(J04,58d
$4„-!20.000J.eb. 1, 1898; $9,712,000 Jan. 1, 1897
DEBT ON WHICU INTBBKST HAS CEASED SINCE MATDRITV.
Aggregate of debt on which Interest has ceased since maturity
Interest due and unpaid thereon, $202,213.
Is $3,447,473;
THE CHRONICLE.
50
DEBT BEARING NO INTEREST.
usual to the season.
Old demand notes
lAgaUtender notes
Certificates of deposit
Less amount lield in Treasurer's cash
Qold certificates
Less amount held in Treasurer's cash
348.681.016
14,055,000
265.000-
IS.790.000
139,710,080
34,350,479- 105,850,601
124,343.776
BUvercertlflcates
Less amount held in Treasurer's cash
Fractional currency:
Less amount estimated as lost or destroyed
Aggre^te of debt bearing no
93.179,465
31,164,31116,336,088
8.375,934-
Interest.
6,989.184
tS«6,027,028
RECAPITULATION.
Prtn€ipal.
Interest-bearing
debt—
$
250,000,000
*««
Total.
*
737,743,250
194,190,500
Hefandlng
281,400
certificates. 4s..
Navy Pension fund. 38.. ..
Pacific RR. bonds. 6 p. ct.
14,000,000
.
Debt on which int. has ceased
Debt bearing no interest-
64.623.512-1,260.778.662 13.258.340 1,274,037,002
3,417.475
8.649,688
202.213
346.738,806
Legal tender notes, &c
Certifloates of deposit
Gold certificates
13,790,000
105,359,601
93,179,465
Sliver certificates
Fractional currency
6,959,154-
566,087.026
566,027,026
l.aS0,253,16S 13,460.553 1,843.713,7;5
Total debt
.{229.240.017
Less cash items available for reduction of the debt.
100.000.000 $329,240,017
Less reserve held for redemption of U. 8. notes
There
a loss of about £678,00(3 in the
now ftands at 43 '08 per
cent, or nearly 3 per cent less than last week. The actual deflflcienoy in bullion is, however, about £50,000 less than the sum
taken for export. Gold is still wanted for Germany, but the
reserve,
Amount.
XUI.
[Vol.
and the proportion
is
to liabilities
South American demand appears to have been satisfied. The
announcement of the shipments from New York have come as
a surprise here, and are not yet quite understood. There is
some doubt as to its being a bona fide movement. It is considered here quite possible that the silver question and Stock
Exchange speculation may have a good deal to do with the
export, and hence has not that importance it would possess
were it thought thoroughly a trade matter. We have at present quite enough money lying idle and know not what to do
with any increase in supplies. It would only augment the
difficulty experienced in maintaining rates.
Already they are
falling away, and the Bank is again underbid in the open
market to the extent of nearly 1 per cent. The first week in
January will witness the distribution of the dividends, and their
absorption either by the revenue payments or by re-investments
will take time.
From this we may infer that the opening
weeks of the year will be characterized by an easy money
market, in the absence of any sudden development of the
trade demand for money, and of this there are no certain
signs.
.
England
of
1,
1886.
1.413.454,827
1.
1886..
1,453.544.766
per cent per
Total debt, less available cash Items
,514,473,699
71,018.872
Net cash in the Treasury
Debt, less cash in the Treasury. Jan.
Debt, less cash in the Treasury. Dec.
The Bank
on January 1st for
more than the
amount maturing. The sum of £1,195,000 Treasury bills was
placed in October last at an average discount rate of £1 Ss. 3d.
. .
Becrease of debt during the month
£2,195,000 Treasury
The
9.089,940
money have been
Open marktt
<f
On-
Time.
Amstordam 3mo8.
Amstordam. Sight.
HamboTK.. 3 mos.
••
Berlin
Frankfort...
*
Vienna
Latest
Bate.
12-3
DaU.
4 «12-3%
I2li«»12-2'a
»20-59
20E6 W20f>9
20-56 ®20.59
:iO-5C
•*
Dec
'*
Dec.
•*
Dec
12-75 '(»12-80
12-75 a 12 80
20-50 »20d5
'*
Bt. Petersb'g
2314 923
Parts
Short. 25-2-iis®25-30
ParlB
3 mos. -io-40 a25-47's
"
Genoa
25-ti2i2a25-67is
Trieste
Antwen'
.
-
Madrid
i*
Cadiz
Lisbon
Alexandria
Constant'ple
*'
Bombay
....
•*
"
453sa45i4
4.5%a45l4
"
Is. 61, «d.
Is. 6iiid.
....
....
HonK Kong.
Dec.
Dec.
Dec.
24
24
24
24
24
24
24
24
23
24
24
Short.
12-06
Short.
20-38
20-38
20-38
(.
••
«
12 62
3 mos.
25-? 5
2S2132
Short.
25-25
Short.
....
Dec. 23 3 m')8.
aiianglial
Dec.
Dec.
Deo.
Dec.
Dec.
Dec.
23 3 mos.
23 rel. t'rs
23
23 80 days
23 4 mos.
23
109-62
Is. 515„d.
Is. 515,.d.
4-86
3s. 438d
48. 7=8*.
[From onr own oorresDOB dent.]
London, Saturday, December 26, 188.5.
The week has been purely a holiday week. In all departments of industry business has been more or less suspended,
and nominally the position, commercial and financial, is unchanged.
satisfactory feature, as increasing the probabili-
A
a permanent settlement of the dispute in the Balkan
Peninsula, is the extension of the armistice between Bulgaria
and Servia until the Ist of March. This will allow ample
ties of
time for reflection, and if the tales of misery we hear of, and
the great distress endured by both armies in the field
through the inclement weather and insufficient equipment,
be only partially correct, no doubt the folly of continuing the
struggle will be recognized. It is sincerely to be hoped that
some Buch result will bo arrived at, as we do not wish our
spring trade to be checked by renewed political uncertainty
in the dangerous quarter from which the trouble emanates.
It is
some encouragement
to
ThrM
Ini
Trade BUIs.
Four
9tx
row
Three
Six
At 7
Stock
to 14
j
Montht Mont^
Banks.
\tlontlu
Dam.
Gall.
2«a"- 2«®~ 2^®S~ 9 a3«i3 a3«
iH
2M® - 2Ma - 2«a8 m»3Hs »a>4
1«
2«9 - 2H® - 2wa2« 29<(83 miSHs asi.
IH
2«3- 25^3 - 2«ft - 2Hi3 3 asK SMasM 1«
3><(83V,
3^®3M® 3^94 3>«®4 :S«34 2>^®3
3 asM 1 SS^S iS'^mti 'SH34
SHi-i '2^%3
2
1« 1«-1«
IH 1«-1«
lii H<-1«
1« IH-IH
3 3'4 »4
ia,2H
3M3M
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
the price of middlingupland cotton and wheat:, an 1 the Bankers
Clearing House return, compared with the three previous
1885.
Jlrcalatlon.excludlng
£
7-day & other bills.. 21.432..'i3.5
Public deposits
2,509,821
Other deposits
23.241,571
(Jovemm't securities. 11.558.949
8
experienced
in preventing
an actual loss on the year's operattions.
The money market has become quieter. There has been
the
demand in connection wiih the close of the year, but
it
has not re«u!ted in any pressure, and has been easily
arranged
The weekly return of the Bank of England shows the changes
1883.
1884.
.
Bank rate
Consols
Eng. wheat, av. price
Mid. Upland cotton..
So.
40 mule
The Bank
.
SSgd.
97.505.000
rate of discount
21,566 273
20,395,245
p. c.
3 p. 0.
X d.
100%
p. 0.
5 p.
0.
d.
4l8. 6d.
69,847,Ol>0
73,523,000
5i3,(,d.
9%1.
and open market
now and
36
100% X
398. 2d.
S'sd.
51-'ii»,d.
9d.
93,800,000
chief Continental cities
8,983.904
21,789.3 15
14.462,798
21.763,507
12,325,738
3 Is. 5d.
49, sd.
twist....
Oleai'g-Houseret'n
Z
25,693,195
6.951,544
21,876.333
11,381.002
24,796,176
10,452,050
39 ^e
5 p. 0.
9914 xd.
4 p. o.
091, ed.
30<. 5d.
18«2.
&
24.99a.53.';
£
24.734,650
8,4rz,102
21,910,251
13.162.619
Other securities
21,446.974 23,450.172
Ees' ve of notes & coin 11.620,008 11,518.024
Coin and bullion in
both departments
20,302,543 20,o0i,674
Proport'n of reserve
46-07 p. c.
to liabilities
37-80 p, c.
rates at th e
for the previous three
weak s
have been as follows:
nee. 24.
Dec. 17.
Dec. 3.
jDfC. 10.
Bateeof
[nterest at
Paris
Bank Op»n
BaU. Markex
2«
3«
SH
3
4
Frankfort
4
Hamburg
Amsterdam
4
Madrid
know
that the close of the year
has not witnessed the collapse of any firm of
importance
through the deprefsion in trade. Difficulties have
been reported in the grain and woolen trades, but there is no
reason to
anticipate any special unsoundness in any particular
branch
of industry, although trouble must have been
usual
27 3
Dec. 4 3
••
11 3
"
18 4
"
25 4
:
rates.
Bills.
SfontJw Montlu Montlu
Wov. 20
as follows
years
4610
dli'iiaaSliiis
•<
Dem'd
Oaloutta
New York...
Dec.
Dec.
Deo.
Dec.
Deo.
SaU.
£1,000,000
for (l«po»tt»
Bank
1
"3~
••
Time.
being
annum.
rates for
^
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MZOHANOE AT LONDON- Dec. 24. sxoHAiraa as LONDn^.
will receive tenders
bills,
8t.
Petersburg..
(Copenhagen
Bank
Open
Bank
Bate.
Marke'.
Kat«.
~8
3J4
m
««
4
4
2«
3«
2^"
2«
3
4
3!i
4
3M
2«
3«
4
Op»n
Market
~~2«~
sw
4
4
4
4
3H
5®S
a
6
6
4M
4
4
Messrs. Pixley
& Abell
market
Gold—The demand
Market
2«
2W
6
4«
Ojien
Bate.
SH
3X
4
4
4
4,^
Bank
~3
2H
2H
2«
2«
3«
4
3H
3H
6
4
4
write as follows on the state of the
bullion
for tlie Continent has not V>?en so bri.sk. and tlie
only withdrawals fi-oiu the Bauk oonsi.-t of JilSO.OOO. sovereigna, for
Lisbon, and £50.000 for Canada. The arrivals comprise S.'j9,0^6 from
Cliiiia and India, iuul £20,410 from Africa.
The Bauk lias received,
slncH our last, £180,000, sovereigns, from Australia and the Continent.
Silver— Trausarilons have taken (ilace at 46''8J. per ox.; the market is
now bare of supplies. pendin.g the arrival of the raciflc .stearucron 28th
instant. The American steamers have brought about £ 18.00" since our
last circular of the 17th instant. The P. it O. steamer takes £82,000 to
India.
Janhaby
THE CHRONICLE.
1886.]
0,
Mrilcan ilollara have renialiif«l i|iitot. am) tlio price is nominal. Thn
West India stenmer ix due ou Monday next, wltli aonio iiioount on lioaid
The quotations
8ILVBR.
London Stantlard,
London
Dec. Si.
Dm.
Statidard,
17.
Barillrer
77
77 II
Injr
Bpan. doubloona.oa.
8.Am.doublooaa.ot
oi,l
Bar llTer,aontaln-|
I
I
««
5 vra. ffold..oi.'
ou' 60
Cake allrer
Meztoan dola. ..oi.' «a
I
I
Mon.
8€U.
47X
I
9.13
9-ia
,
SO e-ia
*s II-18
So for as American railwayB are concerned there has been
no feature on the Stock Exchange. Business throughout has
(!!Pcrmmei;ctal and
Wtd.
Tuei.
per OI
d 4ei»,« 461 "is
ConsolH for money
..
99*1*
«»»'i«
Oonnols for aooount....
990i994
Fr'oh rentes (In Paris) (r 80-52 1«
114:11
1I5'«
n. 8. 4>asof 1891
12514
0.8. 4s of 1907
125 la
64 3g
Canadian Paoltlo
98^18
Uhlo. Mil. A Ht. Paol..
97 ig
Brie, onmnion stook..
27 "»
26>a
rillnuls Central
143
143
5.^''8
Pennsylvania
56
IOT9
Philadelphia ik Reading Jl>9
tew York Central.
lOSW 109 >4
em
4.
Bar (Old, ana., oi.j 77 ii
Bar void, oontatn'K
90 dirta. silver. at. 77 lOM
London.
Silver,
for bullion are reported aa follows:
GOLD.
51
467i«
9»l'i«
«6>«
99»,«
99lf,»
99»i«
99' »i,
99l>,«
J^.
TKuri.
46 >•
46«B
991,8
99%
80-70
80-90
8097>i
114''8
I14''„
114^6
IHT,
125 14
125 >a
63
971^
27i«
143 >4
125 >«
1251a
67>*
64°^
97:%
26'>9
143 19
56
6718
97 '4
27 «
97''8
28
113>9
56>«
11
110>8
5618
im
ll*i
1I0>4
80-ilV
110>e
I
56 >4
|109\
pKiscellaueons %tws
American railways the
been
GOVKKNMENT REVENUE.—Through the courtesy of the Secmovements here, while not important, have mostly been retary of the Treasury, we are enabled to place before our
advised
from
New
York.
A
reflex
of
the
changes
readers
to-day the details of Government receipts for the
merely the
comparison of the closing prices for the week shows very month of December. From previous returns we obtain the
figures for previous months, and in that manner complete the
slight alteratioDS.
statement since the beginning of the fiscal year for 1835 and
very quiet, anil
in the case
of
There has iieen nothing new to notice in the grain trade.
Quiet holiday markets have prevailed in all the leading centres.
Values of wlieat are nominally the same, but any inclination
1884.
OOOa OmitKd.
would have at once resulted in some decline in
Stocks offering have been amply sufficient for the
demand. Foreign importations boh of wheat and flour keep up,
and are still in excess of last year, and ample supplies are on July
AUffUSt
passage, so that there cannot be any scarcity at the opening
September.
will
certainly not be charac- October
markets of the new year. 1885
Farm- NoTember.
terized as a happy period for the agricultural interests.
December.
ers may have secured a fair crop of cereals, and in excellent
condition, but they have not been able to elevate prices.
On Total months..
to force sales
priced.
contrary,
were
when
expectations of improvement which
of the harvest,
at the time
American
the
npon
the
entertained
freely
crop
have
disappointing,
as
were
accounts
altogether
looked
failed
of
InUr^
Jtev'ue
t
.,
the
ClMU)ms.
t
8,501
16,919
17,288
9,071
17,622
17,316
11,853
18,067
14,426
9,850
9.603
95,8J9
SS.HUl
10,446
Ou»-
Tbtal.
tomti.
t
$
$
2,047
28,76;
28,064
2,0031 29,971
»
17,461
1.704
Inter^l MUc'li
ntaZ.
Rev'ue Sources
1(1,114
8,658
9,606
29,27-1
3,447
31,367
1,<
29,229
28,038
22,236
17,662
9,93'
15,759
10,167
2,112
11.728
8,862
9,465
1,«16
11.5.18
12,12-2 166,775" 92.672
56,.'585
1.565J 30,834
3,074; 25,381
1.729|
!
25,T58l'
t
«
8,165
22.8tt
1,822
162,97
13,8
CHANaES IN Legal Tenders and National Bank Notes to
Jan. 1. The Comptroller of the Currency has furnished us
the following, showing the amounts of national bank notes
Dec. 1, together with the amounts outstanding Jan. 1, and
the increase or decrease during the month; also the ehanges
in legal tenders held for the redemption of bank notes up to
Jan. 1 :
—
enhancement we have had to
face growing depression. For the week ended Dec. 19, the Imperial average price of wheat was only 30s. 5d. per quarter, or the
.Va(tona( Bank /fotet—
$317,146,569
same as in the previous week, and that without the prospect Amount outstanding Dec. 1, 1885.
Amount issued during Dec
$2,660,.M5
of an early recovery unless we should experience a prolonged Amount retired during Deo
2,733,854
73,309
period of severe weather.
Even then, with diminished
Amount outstanding January 1 1886*
$317,073,260
imports there could hardly be any immediate effect of importLegal Tender Kotea—
ance upon prices, considering the extent of stocks held here just Amount on deposit to redeem national bank
notes Dec. 1,1885
$11,325,341
now, and the growing expansion of the American visible supAmount deposited during Dee
$4,015,576
ply, which at present exceeds last year's total by about 17,000,- Amount re-Issued & b'nk notes retirM In Dec.
2,734,505
1,^81,071
000 bushels. It is poor consolation, under such circumstances,
Amount on depoitf t to redeem national
banknotes January 1, 1886
to feel assured that prices cannot go much lower.
$42,606,413
For the
depths already reached means distress to the producers.
• Circulation of national gold banks, not Included above, $370,294.
The following return shows the extent of the imports of
According to the above, the amount of legal tenders on
cereal produce into the United Kingdom during the first
deposit Jan. 1 with the Treasurer of the United States to resixteen weeks of the season, the sales of home-grown produce, deem national bank notes was
143,606,413, The portion of this
the average pricess realized, and other items compared with deposit made (1) by banks becoming insolvent, (2) by banks
goin^ into voluntary liquidation, and (3) by banks reducing or
last season:
retirmg their circulation, was as follows on the first of each of
IMPOSTS.
the last five months:
1885.
1881.
1883.
1882.
In
realization.
t;ie
place of an
-
.
,
.
1
I
'
j
1
Wbeat
owt. 1?,148,823
4,944,121
3,936,397
Barley
Oats
Peas
15,827,197
6,625.019
3,825,416
782,313
1,240,531
5,48«,962
4,711,142
758,615
Beane
I,132,-i79
Indlanoom
7,877,011
3,991.146
Floor
19,914,122
7,402,177
4,273,547
506,999
90.",S53
8,77c, 548
4,540,259
Supplies available for consumption in sixteen
clusive of stocks on .September 1)
22,829.399
(',118,775
4,638,'i79
646,291
520,0&0
3,499,173
4,737,895
weeks
(ex-
Imports of
Bales of
flour
home-Krown
.
.
Total
by—
Sept. 1.
3.991,146
14,428,638
1884.
15.Si7,197
4,711,142
15,704.212
16,010.230
1882.
22,829,r99
4,737,895
12,"92,500
36.568,605
3ti.243.551
40,461,661
39,459,791
1883.
19,914,122
4,540.2,'>9
Oct.
1.
Not.
1.
Dee. 1.
Jan.
1.
Insolvent bks
715.201
683,344
.'•81,960i
596,210
896 836
Uquid't'g bks 13,774,242 13,565,142 12,778,010 12,778,010 11,973,969
Roduc'g und'r
act of 1874. 24,714,133 25.625,657 25,795,710 27,951,121 29,735,607
39,203.578 39,874,143 39,158.710'41,325,34l 42,606,412
Total.
:
1885.
Imiionsot wlieat. owt.l8, 148,82
Deposits
Coinage by United States Mints.— The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the
of December and for the year 1885:
month
The extent
of the sales of home-grown wheat, barley and
leading markets of England and Wales during
sixteen weeks of the season, together with the average
oats in the
the
first
prices realized,
Double eagles..
«»^I
\
I.
1.005,918 30
J
1
Bala.
d.
U
Av'ffe
$.
1,094.847 32
10
I77,726ll9
d.
1
9
Sl
.
Av'gi
Pric,
Salei.
Price
30 5 1,779.51531
l.'>5,742|18
Three dollars...
Quarter eagles
1883.
18S4.
P2t
,'1.652,40
t.
1.108,105 40
33
09.443 19
1.6><'.;.16l
<l
5
4
9
Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
1885.
cwt. 14.428.636
1884.
1.5.701.212
1883.
lii.01".280
EuKllata Flaaacial fllarlceta— Per Cable.
daily closing quotations for secuntiee, &c., at Londtn
•re reported bv caoie as follows for the week ending Jan. 8:
The
34
188.027
562,0^9
36
31
8,084
Eacles
Half eagles
1885.
_.
wheat
Pieees.
Tear 1885.
Value.
Vahie.
Pieces.
compared with the previous season, are shown
in the following statement:
Wheat, qrs..
Barley
Oats
Month of Dee., 1885.
Deiwminalion.
Dollars
Total gold
680
693,778
1,880,270
2,810,145
481. 52T
1,813,006
108
77
910
887
8,084
12,205
13,875.560
4,615,270
9,065,030
2,730
2,217
12,205
758,24;
4,699 364
3,002,313
27,773,012
2,500,3 iO
5,530
13,930
430.330
2,500,330
2.765
8.483
43,033
28,669,767
6,130
14.530
2,577,117
28,669.767
3,065
3.633
257,711
2,950,120
2,549,611
31,267,544
28,934,176
Five cents..
1,390
Three cents.
2.390
899,494
69
72
1.476,490
4.790
11,765,381
73,824
144
117,654
Stand.ird dollars..
Half dollars
Suarter dollars .
.
imes
Total silver.
One cent
Total minor
.
Total coinage.
i
8.995
903 ,2 e4
9,136
4,611.625
7.218.111
13,246,664
I
47.516.521
191,622
I
56,898.810
THE CHRONICLE.
52
Bonds Held by National Banks.—The following interesting statement, furnished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
We gave the statement for Dec. 1
depositories on Jan. 1.
in Chronicle of Dec. 12, page 684, and by referring to that the
changes made during the month can be seen.
Zr.
DtteripUon of Bonds.
S.
Bonds Held Jan.
Act July 12, 1882....
Currency 68
4>a per cents
4 per cents
Total.,
to
Bank
Public Deposits
in Banks.
3s,
1886,
1,
Secure—
Total Held.
Circulation.
$8,587,000
120,000
1,697,000
7,608,000
$137,621,630
3,515,000
50,037,450
114,834,650
$146,203,650
3,635,000
51,734,450
122,412,650
$19,012,000
$306,008,750
$324,020,750
—
Imports and Exports fob the Week. The imports of latt
week, compared with those of the preceding week, show an
general merchandise.
increase in both dry goods and
The total imports were |9,'531,217, against $8,621,388, the preceding week and $6,401,430, two weeks previous. The exports
for the week ended Jan. .5 ajnounted to |6,306,721, againet
14,765,899 last week and $6,444,818 two weeks previous. Th'
following are the imports at New York for the week ending
(for dry goods) Dec. 31, and for the week ending (for general
also totals since the beginning of the
merchaindise) Jan, 1
first week in January:
;
rOBBIOH IHPOKTB AT
For Week.
HBW TOBK.
1883
Dry Goods
Gen'lmer'dise.
$1,933,714
5,552,493
$2,618,281
6.915,936
Total
SitieeJan.
$7,486,207
$9,534,217
I
Dry Goods
Gen'lmer'dise..
^113,906.176 $102,176,074
309,072,047 294,140.725
Total 53 weeks
«468,942,0I4 8422,978,223 f396.616,799
In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive o'
specie)
from the port
week ending Jan.
5,
New York
of
1886,
to foreign ports for th<
1, 1885, to date :
and from January
1882.
1884
18M6
For the week...
»6.393.7.'>7
Prev. reported..
327,066,211
$6 306,721
327,913,780
Total 53 weeks. *355,227.201 .f3d3,886.33. •6313,459,968 f3 14,250.501
The following table shows tlie exports and impi)rts of specie
at the port of New York for the week ending Jan. 3, and
for the year 1885, and for the corresponding periods id
1S84 and 1883:
BXPORTS iSD rumours .»F *P8aiE AT NEW YORK
Imports
texports.
Year
Week.
Great Britain
*732
France
Gtermany
West Indies
Uexloo
Boatli America
Week.
1S::^5.
«97,330
•577.1*8
12,701
4 i9,07.i
221.699
4,703,233
Total 1885.
Total 1884.
Total 1883.
10.000
15,0 JO
361,410
575,187
$25,733
6,500
28,106
$8,015,023
38,073,138
733,2!5
8,212.6111
1,37:<.278
45,i)MH
25,102
4.9i7
9,495
6,593,U9a|
All other oountrles.
Tear 1885.
$336,393
166,239
925.837
74,743
$805,728 $15,917,009
358,079 23 5ti,104
16,392
14,805,617
$7,300
$54,467
Silver.
Great Britain
France
Gtormany
$440,968 «14,002,236
718,723
1,200
212,868
1,050
253,737
West Indies
Mexico
Botith America.....
Total ;88S.
Total 1884.
Total 1883.
$113,213 «1 6,000,060
242,695 14,506,977
260,250 15,157,577
St. Louis &
said: "Eminent
Wabash
Pacific— A dispatch from
St. Louis,
counsel of the trust companies and
in the Waba-h St. Louis & Pacific
Railroad receivership are here to enter the decree of foreclosure and sale in that case. Judge Brewer sat with Judge
Treat in the United States Circuit Court yesterday to hear the
arguments, bat as the decree had not been printed for the
benefit of all the attorneys, the hearing was adjourned until
Master E. T. Allen filed his final report, which was
to day.
taken under consideration by the Court. H-; finds the general mortgage bond debt amounts to $19,300,000
the collateral trust bond debt amounts to $11,109,263.
The receivers'
indebtedness is $.3,675,000, and over $1,000,000 is due in rents
and interests on bonds to the leaded lines. The decree was
perfected yesterday afternoon in conference of the principal
attorneys, and provides for the sale of the road under the
agreement for reorganization between the holders of the general mortgage and the collateral trust bonds, each class of
bondholders being protected equally. The question as to the
priority of the mortgages is set at rest.
commiesioner will
be appointed who will fix a day and conduct the sale of the
Jan.
5,
branch roads concerned
;
road.
Other dispatches state that the receivers will remain in
possession of the property, the title only passing to the purchasers at the sale, and the receivers remaining in possession
until all the various interests have been disposed of.
It is also
telegraphed that the following lines of road will not be sold,
shall
any
interest
in
nor
them pass in the sale Havana
Division; Indianapolis Peru and Chicago; Chicago Cincinnati
& Louisville; Michigan City
Indianapolis; Quincy MisPacific; Missouri Iowa & Nebraska; Cairo & Vinsouri
cennes; Danville & Southwestern and St Francisville &
Lawrenceville, cinstituting the Cairo division; Toledo Peoria
& Western and the Centreville Moravia Albia.
By consent of counsel an order was entered that receiver
Tutt should hand over to Messrs. Gould, Sage, Dillon and
Humphreys the $2,700,000 of collateral trust bonds received
from them, on their surrender to him of $2,183,666 in receivers' certificites originally issued to take up the Wabash notes
end irsed personally by the four parties above named.
:
8'J1.935
814,259
22,409
53,256
$2,023,235
3.465,287
6,001,417
425.3.9
10,717
&
&
&
—Mr. Ja*. Walsh, Jr and Mr. Nicoll Floyd, Jr,, have
formed a partnership as brokers in siocks. bonds and investment securities, with offices at No. 26 Broad Street. Mr.
Walsh has been for some years past an active member of the
New York Stock Exchange, and Mr. Floyd has held a responsible position at the seen ities desk in the banking house of
Drexel, Morgan & Co. Both gentlemen are known to the
puMishers of the Chronicle as men of high character and
business ability, and any orders entrusted to their ctre will be
well and faithfully executed.
,
—The City of St. Paul, Minn., makes an issue of A)^ per
cent bonds, bearing date January 1, 1886. The advertisement
of the City Comptroller, inviting proposals and giving particulars, will be found in another column.
It is hardly neces."ary to remark that the bonds of such a growing city as St.
Paul are among the choicest investments that come on the
market.
—
Anction Sales. The following were sold at auction lately
by Messrs Adrian H. Muller & Son:
146,.'i53
34,3 38
5.^4.343
3,398
2.233
1,308
69.033
743,430
All other ooon tries.
—
Huntington Railroads. There have lately been many rumors in regard to a consolidation of the Huntington roads East
of the Mississippi. In reply to inquiries Mr. C. P. Huntington
said- "I am working on a scheme to consolidate my roads
east of the Mississippi River under the management of one
company, similar to the Southern Pacific Company west of
the Mississippi. The name of the new company will be the
Newport News & Mississippi Valley Railroad Company. I do
not know yet what railroads will be included in the consolidation. So far there is no doubt that the Chesapeake & Ohio
and the Elizabethtown Lexington & Big Sandy will be included. I do not know when the scheme will be perfected."
A
1885
1884.
[Vol. XLII.
Sliires
7.1
Firemen's
Ins.
Co
57%
5 City Fire Ins Co
120
5 N. Y. Eqiiitab'e liia. C.)..160i2
300 Brooklyn City hR, Co.. -JOShi
28 Citizen's Fire Ins. Co
128»2
10 U.S. Fire lun. Co
130
1 National Fire los. Co
89
10 N. Y. Bowery Fire Ins.. .138
4 Firemen's Ins. Co
8'^i
9 Long Island lus. Co
100
10
35
75
20
Share.
Amer. Etch. Fire In.a. Co.l02
sterling Fir" Ins Cd...
60
.
National Citizens' Hank.. 116
Brooklyn Acad, of Music
(with 2 adiuis'n tickets). 116
50 Daft Electric Motor Co.. log's
10 Real Est. E:cch.& Auction
Room (L'mitod)
103^
23,700 Union Omsol. Mining
Co. of N.
Y
$6
lot
Of the above imports for the week in 1885, $24,081 were
2 Merchants' Ins. Co
11 1'a 1 10,000 Copper Hill Mi'ugCo.$6 lot
American gold coin and $5,281 American silver coin. Of the 250 Brooklyn City RE. Co...20'iia
10 Miiss. & So. Construct 'n. 10
Bonds.
exports during the same time, $20,000 were American gold 250 The
U. S, BUlg. Co.,N.Y..$36
$16,000 N. Y. City 7« Accucom and $1,050 American silver coin.
30 U. 8. WareliouBe Co
50
mulated Dcbt.dUB '38.llll4&iDt.
986 Amer. Cotton Oil Tr. Crtf. 23 >4 $3,00 Mo. .State 68 coup (isUnited States Snb-Treasnry.—The foUowing table shows
1 Clinton Hall Association. 52
sued to .Sr. L. & Iron Mounthe receipts and payments at the Sub-Treasury in this city,
1,763 Ilivana Gas Light Co.
tsiin RR.) due '87....1O6>4-106%
as
(Hypothecated)
8% to 9 $4,000 Mo. State 68 coup (isweUas the balances in the same, for each day of the past week
4Tbird Av. RR.Co
322
sued to North Missouri RR.)
1
:
DaU.
Balaneei.
Steeipti.
*
Jan.
2.
4.
6.
6.
7.
8.
1.241,381 28
1,062,524 13
Total...
8,088,605 42
••
"
"
"
"
872,506 21
2,250.812 33
55
1,445,893 89
1.195,4.58
Payments.
Coin.
S
Ourreney
$
839,293 79 173,782,513 42 12,862.501 19
5,2.i6,719 81 170,036,275 67 13.602.861
2,409,867
1,067,770
1,644,232
1,095,193
46
07 169,163,876 46 13,255.352 45
HO 169.37«,3'<7 92 13.426,456 68
21 168.800,805 43 13,599.188 24
34 163,674,334 63 13,692,989 34
12,363,082 62
Hanover National Bank. 140
Brooklyn City RR.Co. ...205
Germania Fire Ins. Co...l29\
U. S. Building Co
$17
8 Pennsylvania Coal Co...275'a
10 Whiting Mfg. Co, of N. Y. 79
20
250
200
75
ION.
Y. Cat) Co. (Limited)..
10>«
17 Leather Mfrs Bank
190<«
14 Union Ferry Co
I6OI4
500 People's Gas Light Co. of
Brooklyn
85^^
15 Flilellty & Casualty Co.
of New York
115
10 Real Est. Exoh & Auction
Room (Limited)
104
'
106>«-106i%
due 1S87
$1,600 Mo. Slate 63 coup (issued to Hannilial and St.
Jo. RR.) due 1887
104
$1,000 Mo. State 68 consol.,
due 1888
lOSVj
$10,000 Ohio Southern RR.
Co. Istmortes. due 1921.. 99 <«
$1,270 Atlantic Ins. Co. scrip
of 1 882
106'4
$5,000 42dSr,rcet Manhattanville A St. Nicholas Av. RR.
1st 6s, due 19 10
112 & int.
£2,000 Northern Ratlroad of
Canada
68,
Sd pref
70is-72>«
January
9,
THE CHRONICLE
188<J.J
Semi-Tontink Life iNsauANcu— An Expohe of the SkmiToNTiNE Method— Its Elkments the Samk as Full Tontine AND EQUALLY AS OlUKCTIONABLE.
To Ute Silitor of the Commercial and Financial Okrontel*.
SiH: Tli« recent (UdciissIods of Timtiiii' li»vo cleurly Hliown— wliat liim
uot been dpiilod— tliol the protlts of i>iiro Toutino an^ tlii' forfi-ltiinio of
the oiitirt' ri>Ht-rv4M iiml aurpltia of ttioKC who lapHe tlioir i>oUrlofl
and of the HurpliiH of tliono wlio dtc (Imiiij? the Toiitln*^ period; thnt all whocntor n Tontine cliiss pnf, therefore, at continual
hnzani ituiliiit the entire Ton! Ini' [mtIoiI not only the rewrreamt anrpliiH
paid In by them, but. what iHof far greater pnbllolraitortunee, they putut
such hazard the puid-uo Insurance wliieli thlii reserve and surpluH ought
to buy for their families; thnt in fact nillllons of dollars of such paid-up
insurance are now Iwlng lost every year by thi' families of tlioRc who
lapse; f o that pure Tontine Is 8lmx>ly a 8|>eeulation in tliu pald-iip iusureunuice for one's family which a man has riiilly paid for and to which
they arc fully eutilled, but which he chooses to rink their losinf; In the
hop<> that he may chunee to get a share in the reserves and Hurplus of
other insurers who have had to let theirpolicles lapse and po maile their
fanilllcs lose the paid-up Insurance wulch their reserves and surplus
bad paid for.
The Tontine companies, while stltl asserting; the moral soundness and
protective value of pure Tontine, have nevertheless laid slgnlflcant
stress on the fact that they are now ur(;ljig only the semi-Tontine, or
limited Tontine, or non-forfeiting Tontine. Reserved Dividend, Distribution policies, etc.. In which It Is n'presented that only the surplus is to be forfeited In case of lapse, and that paid-up Insurance Is to
be given for the reserve; so that a man nili?ht feel that he was risking
his family's protection only to the exteutof the paid-up insurance which
his accumulations of surplus might and ought to buy for them; the
desired inference b«Mug that this reduces It to a small affair in point of
amount, and a harmless one in point of morals. The bait in all these
variations of Tontine Is the expectation that by postponing all dh Idends
for tlve. ten. tifteen, or twenty years.those who are lucky euongh to live
and pay through will get extraordinary dividends by getting those
earned and forfeited by other people. In addition to their own honest
earnings. As if there wen^ any other legitimate phase of life insurance
than simply taking a policy to protect those who need the protection,
getting it at just its own proper yearly cost according to Its own share
in the yearly risk, and securing all Its bcneflt, beyoni all hazard, to
those who need It and have aright U> rely on it, and not to find in the
day of their necessity that their protection was put at stake on a needless speculation, cither in whole or in part.
LIMITED XOX-FORFEITURK.
The
partial non-forfeiting element Is brought into these moalfled Tontine schemes by way of the New York non-forfeitnre law.wWch provides
when
that
its provisions are not waived— as they may be by those who
Tontine— whenever a policy lapses after making three full
payments, the holder shall be entitled to so much of a paid-up policy as
want
full
the
4ifl per cent reserve will buy, taken as a single premium at the company's "published rates," provided he surrender his policy within six
months. The companies pare this reserve to start with they actually
do and must carry a 4 per cent reserve lint they use only a 4>« per cent
reserve in giving paid up insuranct; the difference goes to tlie Tontine
pool and this difference during a 20-year Tontine peri<#l runs from 7
to
10 per cent of the reserve. For Instance on a man who has been insured
for five years for $10,000, entering at 30, they have a four
per centreserve ol $4.59 08, but they use a 4ia per cent reserve, *416 93 difference
to the pool, $42 15 when he has been insured 19 years they hold a 4
per cent reserve, $2,263 44 but they use for paid-up insurance only
$2,116 35 difference to the pool, $147 09.
OTHRK MARGINS FOR TONTINB.
So secretly have the single premium rates of these companies been
"published," that until recently I have been unable to procure a copy,
so as to see Just what effect on Tontine results the actual application
ol
the New York law might bo expected to make. The question was the
more curious since, with aU the boasted e<iulty of semi-Tontine, its
"eatlmated" speculative result was expected to be, as stated in my letter of May 10th, within about 11 per cent that of full Tontine,
which
would not be possible If anything Uke the full reserve were really used
to give paid-up Insurance.
From a table of single premiums printed in this year, we And thattheee
companies take a margin on their sinale premiums of just 50 per cent of
the net; so that using the 4ij reserve as
a single premium, one-third of it
18 taken as margin or loading: mostcompanies
have hitherto loaded their
single premiums only about 10 percent:
as the paid-up Insurance given
under the New York law "shall not participate
in the profits of the company," that 50 per cent loading, or one-third
the premium, is clear Ton;
;
;
;
;
;
;
53
The man who bos been In ten years and has to laps*-, has In the poo'
$2,321 8H, of which $1,010 12 Is 4 per cent reserve and |l,811 76 l»
the latter sum h« loses outright to the Tonttae
taken from hhi reserve to reduce It to 4>spero«nt
$926 73, onethlrd of which or $308 91 Is taken for Tontine
profits by way of loading so that only $817 M2 Is wtually
used to buy
pnld-np non-partlctpnting Insurance, and ho has lost t.i the pool $302 30
of his reserve and $1,311 76 Interest In surplus, a total of
$1,701 06.
overTJ iwr lent of his infcrest In the po.d and what would have paid
forsay $4. .'500 of paid-up Insurance for bis family; that Is wliat sem 1his Interest in surplus
fund; $83 39
;
Is
reserve.
:
Tontme means for hlin and his family.
The man who has been In 15 years and has
to lapse, has In the pool
4 p.^r cent res-rve and $i,5i4 Ot Is bis
and this he loses at once to the pool : his 4 per
cent reserve Is trlmme 1 down by $121 25 to a 4»2
i«!r cent reserve,
one
$1,542 4?,
third of which In the name of loading, $514 14, aUo
goes'
totheiKiol, and$l,0.>8 23 only gw« to buy non-participating
paid-up
Insurance out of his n^serve he has lost $6 15 30 and h<^ has lost
Dig
Interest in surplus, $2,51402; a total of «3. 149
41, over 75
$4,:77 69, of which $1,663 67
is
interest In the surplus,
;
what he had
;
In,
percent
and what would have paid for about $7,000 paid-up In
Is what seml-Tontinc means to him and
his
suranoe for his family; thai
family.
The man who has been in 19 years and has to lapse, has In the
ih>oI
$5,895 07, of which $2,263 44 Is 4 percent reserve, and $3,631 63 is his
Interest in surplus and goes outright to the pool his
4 per cent reserve
is reduced to a 4i2pcr cent reserve by
putting $147 09 more into the pool
leaving $2,1 l(i 35 as a single premium, from which
$705 45 more is
taken for the pool under the name of loading, leaving only
$1,410 90
actually used in buying non-paitlcipatiug paid-up insurance
out of hi.
reserve he has lost $852 54; add his share in surplus,
$3,63 63, his
total loss is $4,481 17, or over 76 per cent of what he
had In, and what
would have paid for over $9,000 of paid-up insurance for hU
lamUy
that Is the protection of semi-Tontine to him ana Ms
family.
ratOSS EFFECT OF SEMI-TOXTISE.
To produce the "estimated" semi-Tontine result, with the same
experience as to Interest an I expenses as the last ten years,
at least 6.865 men
out of these 10.000 would have to lapse, producing for
the pool $6 954,910. of which $2,613,987 is the 4 per cent reserve, and
$4,310,923
is surplus, which is lost outright to
the pool the 4 per cent reserve is
cut down, by the loss to the pool of about $235,258,
to a 412 reserve of
$2,378,729, onc-thlrd of which, $792,909, Is carried to the
pool in the
name of loading; so that of the 4 per cent reserve of $2,613,987,
only
$1,585,820 becomes effective in purchasing nou-partlclpating
paid-up
Insurance, and $1,028,167 of it is lost to the pool,
in addition to the
$4,340,923 surplus, a total loss to the pool of $.5,369,090— over
77 per
cent of all their interest in the semi-Tontine fund.
A LOSS OF $12,000,000.
The $6,954,910 interest in the pool should have bought over
$16,000,000 paid-up insurance for the famlics of those lapsing they aetuallr
ge't
about $4,260,000, a loss of about $12,000,000. That
is semi-Tontine. Is
that a smaU affair in point of amount
Or a hamless one in point of
morals 1 In addition to all this, those who die during
the period pay tor
their insurance over $400,000 more than it has
cost the company.
The substantial difference between seml-Tontine and pure
Tontine
effecte<l by the operation of the New York
statute, is, that semi-Tontine
ought, apparently, to save on the average about
25 per cent of what is
P*""^ Tontine but, by the New York law. all reserves are forfeited
for two years; also the reserves on polices
not surrendered within six
months after lapse; which would reduce the amoSnt of
rSer^e
single premiums, and increase the Tontine
profits. At any ratethi
"''' -'y""-"! per cent lessiha?;*?h^^^
;
;
1
:
;
>.
wV"
;
u,^^
nrX'rtdo\"?rS^'J?,r
;
tine profit.
Semi-TouUne profits from lapses are therefore,
Ist, the entire surplus
2d, 10 per cent of the reserve
3d, one-thii-d of the remainder.
;
;
THE PRACTICAL EFFECT.
"^^ '°'"^ "'•" "'*'^^ "*
"^°
*Wy
'*8<'
for $10,000
Je,.""/,^"
'^,T t^'^-ty-y^"
"""l-Tontine, upon the Kanitable's
,"'
'esti'Jlf "?7.
'""* "''' """^ f^y '''™"K'' *"« t^«»ty ye«" ^*»
Jt
,
*'"' *"" "^ «"" "P "* "•« «"<» «' fi^« years
'
wouMhf
v„?In"fh
would
have
t^he poolri"""
$937 01 ; of which $459 08 would be the 4
r?^
IT
per
outright to the pool $42 15 Is then
;
taken from his reserve to reduce It
to a 41, per cent reserve, and
goes to the pool the remainder, $-116 93
'"'*. P"""""". lo«ded 50 per cent, to bny Insurance
that
:
wlHot
nt.H
^^^
*»"*" out of his reserve; $277 96
non-partlcipatlng paid-up Insurance, if
heslrendereHK""',1*".''"^
'" ""'"• •"" ""'^ *937 01, he has lost to the
hZ\Z,fl^
t^X"7 «r
I'
*"J
!
'""'''
^'""J
r:%^r »Tr.f.'i
;,f.
r.E::;^ri;; «rs;
thSfte-'p^s^an^^^^^^^
'n^uraoce'T h's family which tharmoney ought
P^'t'T
S"3.*?i?.*^*
to buy; the amount
of cash and of family protection nut at the ha^S^
IS simply a trifie smaller.
Twenty-five f)er cent of non-forfeiture to
cover and atone lor 75 per cent ol lorfeitu Je
That is seml-Tontine.
!
BUT WILL EVEN SEMI-TONTINE ESTIMATtS UK REALIZED?
Granting that a
family's protection
man
can be willing to hazard 75 ncr cent of hia
on the game, is the sum played lor cmta°n to
'">'* ""'^
family does not happen to"o^
a!l^^"tL»r:VfV'^^'"'x
tlirec-lourths
of their paid-up insurance! Let the facts answer
The
,!,"'• 'n?tanee. is a<tually paying only 54 per ct'ut
of t?l
"'i^Jf^'*'?'
••estimated"
surplus on the lull Tontines issued ten yeais ago
and onlv
"fjeen-year Tontines. But it is making the IxTt ol
""
?he
Z?^j;j^f1'
I*!*
tl"'* «>'«'» settlements If lull Tontine
«™i^?^l?'™P*'*->;^"'n'''"8
Its •• estitnatcs" ol semi-Tontine now used
in soliciting
Wh»f"i i."'",'
'
'«r (foessing have the present semi-Tontile
EsYimRtes
tT";"?"","
The
only element in the result which the companies can
eont?^^ f ;. '"*"'''" expenses.
And the
on? re ImIh" expenses certainly. In their Tontine complnies have
replies last spring to iny
JrHnfl^"*?**
articles,
they alleged that they were not paying higher
commit
sions lor Tontine than for other forms ol policies
but if their^Tra
•'"e-ate Committee theV admitted
thllaTt
toatXI^d.'fr;?''^^'"''
higher, and disclosed by what mental process
v.coa they
vuej
h.rt allowed
in^t^,V^^P"^
h»''
tliemselves to sav otherwise.
Thesemi-Tontine "estimates" ol the New York I.lle are higher
than
•-'•'
lull Tontine settlements ai4''i^ disa^
t"<",',K'iil"
S^?ntinL*''The'"'t/
Northwestern Mutual are a good deS
Eigher fliai^ither
"^
.
OTHER VARIETIES OF SEMI-TONTINE.
^Isfi button, Keserrcd Dividend, Five-year Dividend
noTkls^ele'^?/
'o'-ipames. ar(^
short-term varieties ol semi?o ? ne ^r„.'ia'. "S'""'"""e in principleall
and identical in effect as laJis
th. IK.^?'^*;'^'*'''^ ^'i*
"""''• Ya""-rt by the disappointment caused liy
the riim^L*''''V'r'"
"results" and "estimates" on the lull Tontines
iZ ^J5' f*^"':" l>ttweeii
'''^•''' S'">-varietiesol Tontine without specific
''eitfmates ''^?,"^f P"^''
8™"?'
'•L'P'-«'eeutation that the profits from lapses will
inake ;b."rtfl^^'
^e^V large. For in these days of a low
S«i Sti 1 ^" "'^ "! ^^^: '"e"^
Interest tbe lucky lew cannot get large (Uvid
nri.,,,1™
dends
unless V';'"*'''',''**J*'
the unliu'ky many arc first made to lose them.
THE UNANSWERED
<iUESTIOS.
„,^"' t^*" S"''" 'luestlon which underUes all these multiplying
T»i«,ues
f J 6 varieUes'
of Tontine remains unanswered
a '"?" ^^o has a family to protect expose any
„»^r„Vl'i?',''*'''i ^2?"
"'"' '" '"*" '" '"""' ^""" *"y "*"*"• **""J^
pSrl of thS.! p?ouSn °
:
^
speculate in any degree with family proteoHonf
Rv wi,"»5 ."^^lit
''if'i.V*'!
do'"i,"
they seek a gain which can coinc onfy from the
ne.5iL«f
ne.^dless losses ol laniillest
J icon T, hirKKiiJ
URKknb.
Hanlord, January
2,
lg«6.
fvou
THE CHRONICLf^.
54
H
cents and for dimand 1 cent—
bills
though they were reduced again i cent on Thursday. Business
has not been large and the strength of rates is chiefly owing to
the scarcity of commercial bills there was also a rumor that
Posted
prices were forced up for effect on the stock market.
rates closed to-day at 4 87 and 4 90.
To-day the rates on actual business were as follows, -viz:
Hankers' 60 days' sterling, 4 86J®4 86i; demand, 4 89@4 89i.
ConCables, 4 89i@4 90. Commercial bills were 4 8ii@i 85.
Francs, 5 171 and 5 15 reichmarks. 95i
tinental bills were:
@95t and 96(gl86| guilders, 40f@40 7-16 and 40t@40 11-16.
advanced— for 60-day
OIVIOBNDS.
;
me foUowlnK dtvldeads Have reoenUy been annoauoed:
Hamt of Company
—
^'i
Per
When
cent.
Payable.
Railroads.
East Pennsylvania
Little Schuylkill Navigation
I>OT)K
Island
(ciuar.)
& Mine
Mill Creek
"••
;
Hill N.
&
R.
Mine Hill & Seluiylkill Haven
Mount Carbon & Port Carbon
.
[Jan.
5
$1 75 Jan.
.ran.
6
. .
. .
&
Fori 1 lud Saco
Jan.
[Jan.
3
Jan.
Feb.
Jan.
Jan.
Jan.
3^
Inourance.
Firemen's
Olohe Fire
-
,
The
8
5 to Jan. 10
9:J8n.
1 Jan.
10 to Feb.
12
l.">
Jan.
v;
6 to Jan. 15
Amsterdam
4 90
87
84
851s
341494 85
5 181895 171* 5 is^sas 15
-
40i«a409i«
96 99619
lO^ie 9 4038
95is.*95'8
(guilders)
fallen off and the market has
verv slight changes in prices.
The closing prices at the N.
61
11
for governments has
been quite dull this week, with
United States Bonds.—The demand
-
6'
.
Y. Board have been as follows
.
Jan.
Jan.
13.
2.
.Fan.
5,.
Jan.
2|.
.
4i«8,1891.
41*8,1891.
4a, 1907...
On dem.j.
On dem.
.
8 to Jan. 10
9 Jan.
8-5 P. M.
The Money Market and Financial Situation.- The year
has opened very quietly, with less of a speculative spirit than
had been anticipated by many, but yet with an undertone of
much confidence. Even those matters which have been conVVALl. STREET,
85
4
4
--
.--
4
.
1,
12
6
Jan.
on London.
Frankfort or Bremen (relohmarks)
On dem.
)
Dematid
Sixty Days.
8.
bills
Pari6(franc8)
1]
15
2
JaB.
miMrelianeous.
Prime bankers'sterling
Prime oommerolal
Documentary ooramerolal
5
5
January
1
12
4
5
:
.............
19
On dem
6
5
bankers are as follows
rates of leading
15i
3
5
Nl8»tara Fire
PaeitlcFlre
Park Fire
People's Fire
United States Fire
Union Trust Co. (quar.
:
;
I
Empire City Fire
Fqultable
213
3
1"^
21s
2>s
&ER
New York
8
I
North Adams
<& Portsmouth
Prov idem e & Worcester
St. Paul Minn. & Man. (quar.)
Schuylkill Valley Nav.
United New Jersey (quar.)
Ware Biver
Pittstield
lf>\
SO
2>s
& Southwest
Detroit Hills.
Feb.
Jan.
Jan.
2
50 Jan.
fl1 50 Jan.
3»« iJan.
Fob.
1
3
BastMshanoy
Book* Ototed,
IDayt incliiSiTii.)
iJan.
l>a
Atch. Top. \- Santa Fe (quar.)....
Central Ohio. com. & prof
Cheshire pref
XLir.
FRIDAY,
.Inu.
sidered least satisfactory in our commercial situation seem to
be approaching a point where improvement must come before
long, and if Europe continues to hold off from purchasing our
wheat and cotton, she may be obliged to pay more for them
when the demand eventually becomes pressing.
At the Stock Exchange the demand for railroad bonds at
advancing prices has been the most notable feature of the
transactions, and it is evident that many bonds are now considered a fair purchase by investors which four months ago would
not have been touched at prices 10 to 20 per cent lower. The
4s, 1907
38, option
U.S..
es.our'cy,
63, cnr'oy,
6«, oar'oy,
63,oDr'oy,
68, cnr'oy.
»
'95..
'96..
'97..
'98..
'99.. .reg.
This Is the price bid at the morning board
Bon
:
no Male was maae.
—The
transactions in State
large, as follows: $85,000 Virginia 6s
|;
deferred at 13i
13J; |2o,000 do. trust receipts at 12|
i; $1,000 do. consol. 49
$123,000 North Carolina special tax at
at 90; $1,000 do. 6s Chatham K. U. at 7; $12,000 Louisiana
stamped 4s at 73}— 74 $67,000 South Carolina 6s non-funda-
State and Railroad
bonds have been quite
—
—
8—
—
;
$16,000 Tennessee compromise bonds at 62 |;
$2,000 do. 6s old at 53i; $1,000 Arkansas 6s funded at 7.
The railroad bond market has been a prominent feature of
the week's business in financial circles, having been quite
While
active throughout, and strong for a majority of bonds.
confidence in railroad property has been measurably rethere has been a good demand for the higher-priced classes for
shaken
again
will
not
be
hoped
that
it
it
is
to
be
and
stored,
investment, there has also been considerable activity in many
bv such reckless building of parallel and unnecessary lines as
low-priced issues, most of which have advanced.
part
on
the
manipulation
we have had in the past; nor by such
The closing prices and range of a few leading bonds are annexed.
and
of railroad capitalists as we have had in the case of Wabash
&
The legitimate
Pacific.
and more recently in Texas
business of stock brokers is more seriously damaged by one or
two gigantic frauds or unnecessary fiascos in railroad manasement, than by years of depression unavoidably arising from a
In the
general prostration of trade throughout the country.
latter case the difficulty being gradually removed, values right
themselves at once; in the former, there is no limit to the permanent injury and losses to which the innocent holders of securities may be subjected.
On another page will be found a number of interesting statements of net earnings of different railroads. For the latest
months reported (most of them November), the earnings show
remarkably well. Reading is now complete for the fiscal year,
and shows a deficit, below the full interest and all charges, of
about 14,600,000. The Texas roads are coming up remarkably,
and the improvement over 1884 is something quite extraordinary, Houston & Texas Central showing an increase in October of
$91,000, or about 60 per cent over 1884, while Gulf Colorado &
Santa Fc for the six months is unofficially reported as showing
a surplus of f 159,054 over interest and all fixed charges. There
is nothing reported of Texas & Pacific earnings, although the
holders of stock and bonds need especially to know how the
road has been doing in recent months.
The open market rates for call loans during the week on
stock and bond collaterals have ranged at 1(^5 per cent, and
to-day at 2@24 per cent.
Prime commercial paper is quoted
at 4(gk5 per cent.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
others,
1886.
Jan. 2.
DiU'er'neeefr'n
Previout Week.
1885.
Jan. 3.
1884.
Dec. 29, '83
Loans and dl8. $339.0(19.800 Inc..«2.971,500 f297,887,,700 $327,53.").703
Bpeole
Circulation
.
89.721.100 Dec. l,267,ino|
87.867,.800
9.979.800 Inc
.55,400l
11.398,,800
376.<»39.300 Inc. 3.00K,30O 340.8111,,300
28.808,200 Inc. 1,595,500
37,356,,000
$94,239.^^25 Inc. $751,575 S.-S5.204.,075
118.529,300 Inc.
323,100 125,224,,700
.
.
£et deposits..
9^al tenders.
Legal reserve
Beaerve held.
Strplns
bleatoj— 6i;
I
j>24,289,475 Dec.
$123,175
$40,020,625
Exchange.— Sterling exchange has been very
prices have fluctuated
considerably,
60,468,100
15,456.800
320,793,000
26,479,100
$80,198,230
86,947,200
$6,748,950
irregular,
and
posted rates having been
doting.
Name
do
91%
103%
85 12
II414
93
tinee Jan.
8638
Incomes
,
&
Kx-interest Jan.
.
93i«
Zotneet.
92
Jan.
\
1,
'86
Highest.
941(1
Jan.
102% 102% Jan. 101 Jan.
87% Jan,
8658
851s Jan.
112
93
11
1
Hi
92%
74
N. Y. Chic. & St. Louis 1st 68...
Ind. Bloom. <fe West, con inc...
Gulf Col. & Santa Fc gold 6s ...
Ches. & Ohio, Series B., cp. oft'.
Deny. C. Ist 68
Fort Worth
Texas & Pac. Rios 68. coup. oS.,
Col. Hock. Val. & Tol. Ist5s....i
*
Range
nee.31. Jan- 8
N. Y. L. E.& West., 2d consol. 68
West Shore, guar., 48
Canada Southern 2d 5s
North Pacific 1st coup. 6s
2d coup., 69..
do
Do
Denver * Rio Gr. West. 1st 68..
Atlantic & Pacific 1st 6»
Do
I
of Bond,
*88
841s
241s
24%
25 1«
99
96%
38
89
401s
80
84
83
49 18
85 14
47%
451-2
86
8514
88
821b
96
38
88
80
821^
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
112
Jan.
931s Jan.
7478 Jan.
88 Jan.
26I4 Jan.
99
Jan
4II4 Jan
89% Jan.
85 Jan.
84 Jan.
5014 Jan.
86%
Jan.
1.
Railroad and Miscellaneous Stocks.— The past week has
been a dull and uneventful one in the stock market, nothing
of any importance having transpired to affect values, and the
movement of prices in either direction being slight and unimThe gener-al eourse of the market has been irregular,
portant.
some stocks declining while others have advanced, and the net
result of the week's transactions shows some higher and some
lower than a week ago, while the changes in no case have been
Dealings have been confined chiefly to ropm traders,
large.
and many of the larger operators are said to be doing little or
nothing.
The news of the week has been of a mixed character, the
bear talk being chiefly aimed at the coal stocks, and consisting
of reports of demoralized trade, in consequence of the mild
weather which prevailed until recently and disagreements,
Under these reports Delaware & Hudson
in the combination.
and Lackawanna declined sharply in the early part of the week
later recovered part of the decline, and fell off again to-day
In regard to the grangers, reports have been varying, and
prices have fluctuated accordingly, though they have not been
The Eries have been more active than usual, and
at all active.
were strong in the early dealings, under reports of increased
earnings, which reports also affected the other trunk line shares
Texas & Pacific fell off quickly on Thursto some extent.
day, on reports industriously circulated of a reorganization
scheme which would reduce the present stock to a valuation
of 5.
Jakuahv
THE CHRONIC JLE.
i-.;.l
55
NEW YORK STOCK EXCHANGE PRICES FOR TfEEK ENDING JANUARY
AMD SINCE
8,
HIGHEST AND LOWEST PRICKS.
STOCKS.
Sales
of tbe
'
Mondar,
Saturday,
Jan. 2.
Jan.
Wednesday, Thursday,
TuoHcliiy,
Jan.
4.
n.
Jan. 6.
I
Jan.
i
7.
18M.
1.
B«nge alDoe Jan.
I
Week
Friday,
Jan. H.
JAN.
1886.
1,
1
'
Highest.
Lowest.
[(Sb'rea)
I
RB.
Active
Stocks.
J
l!aniiilliiii I'uillle
OaniKlaSDUIIii-ni
Ooniialiif .Ni'wJontey
Central I'luillo
Ao
Do
Chicago
dilcaKO
Do
2dpret
Alton
—
Paul Mluu.
12
22
20
20
pref.
* West'
181a
87'&
81
4514
89
SI
37%
76%
Meninhis i Charleston
MiehiKnn Central
Miiine»polis& St. Louis
22
50
prof.
Si's
11059
'
Mobile * Ohio
Nashv.ChattanoogaASt. Louis
New York Central & Hudson.
New York
Chic.
*
pref.
pref
pref
Mi>si.^sippl
OhloSontlieni
Oregon .Short Line
Oregon*Trans-i omiuental..'
Peoria Decatur EvansvlUe...
Philadelphia * Reading
Richmond * Danville
Richurd* West P'ut Terminal,
Rochester & Plttsiiurg
St. Louis * San Franel-ico
prof
Do
Istpref
Do
I
46
9%
22 14
38 14
38%
2038
20=8
53
III4
III4
29%
293.i
05%
95%
9.-.18
61'8
1514
;
!»%
8238
S2'8
41%
21% 22%
1359
21^%
21^4
22%
21%
36
36%
35
36%
3514
22
22%
224 22''8
46% «>%
2278
9%
914
938
88%
8838
9%
87% 88%
83% 84I4
SS^a,
82%
43% 44%
82% 83
43% 4438,
120%
I2OJ4 I2OI4
82
4538,
46
99
I
*
120
120
38 '4
"
76%
76
22 '4
22
40%
99%
Diiluth
pref
1102 102
Do
St. Paul .Minue.ip.* Manitoba. 111% 11258
1358 14=8
Texas & Paeitie
1
55%
I
1214
Pacltlc...
22%
pref
Do
miscellaneons Stocks.
Tel. * Cable Co
Colorailo Coal * 1 ri)n
9834
99
39
41%
"4%
46%
51
HI
5638
1238
2258
75
120%
120
35
36
75%
-73
21% 21%
513«' •50% 51%
31% 30% 31%
"so"
"56"
13=8
55'i8
11»8
12%
22
22
36
37
36
22%
2278:
23
13 14
547a
42
IO414
13
1334
22
22
36%
35
•3
4%'
36
54%
im
•20
I
47»8 4838
IO2I4 103
4178
40% 41
103% 103% 103=8 I0314 103 14
11373 112% 11338 11138112
13% III4 1338 10% 11%
55% 54' 55 14 53=8 55
11% 11»8 11%; 11»8 11=8,
20% 20% •2OI4 2II4!
2^
42%
41
Jan.
35%
Jan.
125%
Jan.
4 41% Jan.
2 10478 Jan.
8 60
Jan.
"'
5%
Jan.
914 Jan.
68 Jan.
21% Jan.
914 Jan.
31 Jan.
I3«l% Jan.
26 '4 Jan.
16'l| Jan.
87>4 Jan.
120
Jan.
1
2 110 Jan.
8 9638 Jan.
8 124% Jan.
5 11 038 Jan.
4 13738 Jan.
2 1 30% Jan.
2 15i4Jan.
2
121% Jan,
18% Jan.
4,110
4%
23% 23%
2358
47% 47% 48%
99%10 3
102% 104
47
55%
11% 11%
I
4%
.5
23
47 14
5
4 112
Jan
.Tan.
.57
Jan.
4314 Jan.
Jan.
4 1
4414 Jan.
1314 Jan.
21% Jan.
Jan.
Jan.
4358 Jan.
00 37% Jan.
7,819 120 Jan.
2,825 35 Jan.
1,065 75 Jan
^ 21% Jan.
1,3.50
1.650 49% Jan.
49,300 30% Jan.
7,338 110-%i Jan.
1.300 15% Jan.
11,875 10 Jan.
60..is0 105
Jan.
2,810
9 Jan.
1.080 20% Jan.
i22,0«0 25 Si Jan.
6,820 .52% Jan.
10,530 37% Jan.
6,070 lO's Jnn
734 Jan.
2,685
7,675! 2014 Jan.
500 11 Jan.
1.810' 29% Jan.
6,103 28 Jan.
94,119 59% Jah.
1 % Jan.
2,l25i
5,750, 23^8 Jan.
2,220 18 Jan.
440 25 Jan.
29,913 3314 Jan.
4,700 2II4 Jan.
8,500 2034 Jan.
37% 37%
22
103%
II3I4 114% 113%
115
12^8
54%
36%
42 14
102% 103% 103%
1
Jan.
Jan.
34
39
133,320
3,675
23,075
43 \ 44
37
76
37
76I4
5138
3II4
9!l I4
99
41
Jan
10
102% Jan
710
I
31i4
14
I
41%
lars
89
33%
Jan.
Jan.
Jan.
12
20
I
1
884
IS^a
43
95%
Ol^is
I
29
.ran
1
'
i
&
139% 139%
95
139^8
32%
30% 31
lll%112i4
114
113 113% 113 113
•15% 17,
16% 17
16% 17 •
16%
46% 47
49
50
4S
49
47
49^j
105 107
106 106m 106 H 106% IO6J4 loo's 10578 106%
934
9%
958
9% 10
9
9
9% 9%
9%
21
23 >4
23
23
20% 2II4 20% 20%
22'b 22 '8
2538 26%
26% 26% 26% 27
26% 273s 26 14 26'3
537^ 5m
53
53
53
55% 57
56% 56% 58
38
39% 38% 39:% 3838 38% 3838 38% 37% 38%
19^8 21%
20
21
2014
20^8
20%
lO's 2014
14 20%
8I4
8i4
8%'
7% 8
8
7% 7%
7% 8
20-8 21%
2II4
20
21
22
2138 21%,
2138,
14 21
•11
11% "II
11
11
11
11%
11
29% 30 14 29% 30% 29% 29'8' 29% 29 14'
28 14
283o 29
28% 2.S% 28% 28%, 28 14 28%, 28
60% 61% 00% ei'a 60 14 6II4 60
60% 59% 6038
1% 1%
158
1% 1%
1%
1% i»8:
1% 1»8,
21T8 2538
2434 2538
23% 24% 24I4 21''8, 24^8 24^8
18^8
18% 19
18
IS
18
18
18
2514 25i4| 25
25
25% 25% -24
26
3314 33%
3314 31%
34% 31% 33% 3438i 33S8 34
214 21% 21%
21% 22% 22% 22%, 2II4 21%
20% 2238 21% 21 '8 2II4 21=8 2079 21^8' 20^8 22
'
UniimPacirte
Wabash St. Louis
14
14
1411a I42I2
13914 1393k
140
15% 15%
40
46%
l^g
1%
24% 25%
Ohio Central
Paul
141a
140
I3I4
06
Jan.
Jan.
42%
35 Hj
I
2214
26i«
.52%
28-^
6II4
Northern Paellle
8t.
89 14
82% 82%
44% 45 'a
7% 8%
20% 22%
Norfolk* Western
Do
15
13 14
n2''e
4 Pa
8,720 13 %
187,040 9 1 3s. an
I2;|i4 123 M 12314 12314 I2214 122%
1,229 122' Jan.
UM3g loO'e 109"8 llOig IO914 109% 52,115 109 Jan.
137 137^8 137 I3714
735 13(i'4 Jan.
137 137
129
8,20<) 128% Jan.
12!l'.i 1291a I2914 12958 129
1514
14% 14% 1,995 14 Jan.
11
ll's Ifs
i:tiy<^
130I9'
38
120% 121
120
120
38
38% 3314
3
77
70% 73
76%
2214
22
22%
4934 51%
51
50
32 14
30% 32
31»8
112% 111 114
113%
9%
—
Ohio*
21%
211a.
I
87 14
45%
46
Now York Lake Erie & West'u.
pref.
Do
New York it New England
New YorkOntario* We.stern.
New York Sa.«i. & Western. ..
pref.
Do
Do
431a
4378
13
2II4
15
13
5,295
10,030
3,915
2.940
3.973
1,221
3,110
43Hj
4308
'8% 9%
1,140
35
*33% 39
400
39
36
36
139% 110% 140% lloTa 'llOk 140% 140% 140% 140% 140% 3,196
26% 2858 27% 28 's 27% 28
27% 28%! 27% 27% 21,342
1834
16% 18% 18
18 14
17% 18%1 17
18
13,939
18
105% 106!%
St. Louis.
Do
43 13
66
42
65
4m
4S>H
42%
*35
Manhattan Elevated, consol.. 120
Missouri Kansas it. Texa8„...
Missouri Pacltlc...
OU
05
42I4
•43
431a
431a
141«
141
1241s
11014
137
23
9%:
9%
*35
35
9%
174
(;iiicago...:
Do
23
23
9'b 10
34
34
140 140
2Gi4 27
Louisville* NaihviUe
Louis.
43>fl
20 Ig
90
IUY'h
23
Lake Erie i: Western
Lake Shore & .MIeh. Southern.
Long Islnnil
*
95
63 la
42%
12% 12%
138% 110
i
EvansvlUe A TiTre Haute ...
Fort Worth ^t Denv^rCity
Green Bav Wlunna & St..Paid.
Houston * Texas Central
All>.
11:
03
•31
'33
36
34
34
900
37
40% 33,070
40% 41% 40% 4138 40
104
103 103%
7,320
I0414 1041a 104
59
5814 58i«
5814
.58
57
4,010
581a
1231.2 I25>a 121% 123% 121% 12318 12l''8 12338 1221a 124
121^8 12338 250,357
20
I9I4 1936
20
18
20 1« 20 %
'4
'4
1914 20
19
19
5,657
19 20
6I4
OI3
0'4
014
«'4
6:%
6ie
5% 6
5% 5% 11,125
63s
nil!
11
914 10%
914
11
11
11
9'>B
113s
9,020
10% 10%
09% 68% 69
09 >2 01)18 69
69
69
68
69% 2,318
68% 70
Oui.
Delaware I Jiekawnnna* West
Deuver i Rii><<r«ni1e
East Tennessee Va. & C)a
New
140
123%
122'Hj 124
lOyis ll0i«' 109
13«i4
I38I4 137
131!
13t>>a
I28lil 128% 1281a 130% 1291>,
14
14% 15
14
14
31% 34% 351a
34
34Hi
39
41
4014
3!m! 40%
1021« 104'4 103
1041s 104
5.8
50
5!)
00
57%
prof.
Olevpland CoI.Clii.A Inrtlauap.
Do
431.J
437s
13
21 14
15
14J
123 U 123%
10i)i>6
&
431a
431,)
12 1.1
21 'i
15
t
137i« 13914
94ia 90 1*1
!)0:>B
03 >4
42 »H 43 14
43 14 43%,
02''8
4318
14% 14%
15
i».-ii«
bo
Kloiiniiustt'n
4414
12
140
prof.
Chicago Kock Kilaiid .t I'boIHo.
ChlCttKO St. Louis i I'iWalMirg.
pn-f.
Do
Indiana
43
137% 13S
pref
lUluols Central
41>4
12 •*
ll'a
& Nort Uwe»t«rn
SI.
*3h
42^ 43 >a
"J"
•JO
Do
Chlouuo
4i:U
44
I'Js
Biirllnitlon & Qnlney
'C'blcoKO Milwaukee * SI. I'aiil.
Ctalcaeo
03 >4 03 >4
4'J>il
...
latprel...
*
03
•iys
**
'
& Ohio
CUvsnix'ukn
"3
I
81
35
4
20% Jan.
6% Jan.
11% Jan.
5
8
7i
70
23
Jan.
Jan.
Jan.
Jan.
1 lO's Jan.
28^8 Jan.
18% Jan.
8914 Jan.
8
8
6
10
36
2
1
2
4
4
SlHJan.
2
8
8
157e Jan.
37% Jan.
2 121 Jan.
8 38% Jan.
7! 76% Jan.
7 2214 Jan.
4 51% Jan.
Jan.
8 3214
,_
2 114 Jan.
4 17 Jan.
21 .50
Jan.
4 107 Jan.
7 10 Jan.
23 Jan.
2738 Jan.
58 Jan.
3938 Jan.
21% Jan.
_
8% Jan.
8 22% Jan.
"
llUJan.
3014 Jan.
29 Jan.
Ol's Jan.
1 % Jan.
25% Jan.
19 Jan.
25% Jan.
34% Jan.
22% Jan.
2238 Jan.
Jan.
4
37
4% Jan.
7
2
4% Jan.
23'''s .Tan.
48% Jan.
Jan.
4,230 22
6.427 46
4.255 98%
8,627 39
1,707 102
16,528 111
34,857 10%
29,135 53^8
Jan.
Jan.
IIH
20%
Jan.
Jan.
6
Jan.
6 25% Jan.
2 103 Jan.
2,195,
1,055
i
Jan
Jan.
.Jan.
Jan.
Jan.
Jan
2
4 10 I
4 42%
2 104 14
4 1 15
8
8
7'
1458
5638
1238
22^8
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
American
25%
98% 98%
91% 9714
29% 29%
25%
98% 99
25
Uas Co
Delaware * Hudson Canal...
Oregon Itnprovemeut Co
Conaolldaleil
24%
25
9278
95
24
2538
24% 24%:
2414
24
102
100% 100% 101 14 IOII4 103
99
92% 94%
,
921"
94
93
94I4
9231
2438
10278
2,900'
8,367
28,387
93%
100;
Oregim Railway * Nav.
24
98% Jan.
92% Jan.
29% .fan.
10738' 106% 107
Co...! loo's 107% 106%
10634 108 14 10738 107%' 107
,959 106%
66I4
PaclticMail ..."
66
65% 67
66:% 66 34
657g 66I4
67
66
65% 657, 21,822 65%
135%'
13138
Pullman Palace Car Co...
135
133% 13358 13438
134% 135
135 135% 134 134
1,981 133%
^oio
7373 74%
Western Cnion Telegraph ..
73% 75
73% 7278 75
74% 75% 7375 74781147,0-10; 72%
10778
Express Sloeks.
Adams
'*145
American
102
I
UnitedStates
Wells, Parp. &Co
152
146
103% 102
*61% 63% •62
1
:*118
'117
122
146
104
64
123
i.
145
103
63
118
160
104
I45I4I4514 147 160
145 155
103% 103% 103 103% 103% 103%
•62% 65
65
64% 64% 65
120 122%! 122 122
118 123
'
;
63%
140
30
)
&
Pacific
Boston *N.Y. Air-Line,
Canton Co
pref.!
9%
9%
9714
97%
9^4
123
21% 21%
|
22
147
,
Manhattan Bctch Co
Do
I
pref.
*
32'4
20
20
18
18%
22%
25
147
18% 18%i
Homeelake Mining
new
Central Coal
*
u
19
'52
I
19
53%
53
134
'130%
!
183g
206
j
'6%
163 163
30 14 30 14
38% 40
714
41
86
86%
15%
1531
Tbese are the prices bid and asked
40
I914
I914
no
16^1 '15%
20 14 20I4
-22% 25
53% 53=8' *52% 53 14
•130%
•130%
135
206
205
7%
8
was made
40
29% Jan.
410814 Jan.
Jan.
8 67
2
2:
135% Jan.
75%
C'146
2|l04
5!
65
6
122%
Jan.
Jan
Jan.
Jan.
Jan.
101
205 %i 205
769!
7%
39% 43%
87% 88
101
205
400 53 Jan.
176 134 Jan.
692 101 Jan.
9820458 Jan.
13 141
7%i
42% 42%
89
89
"15% 16% •15% 16%
23
11% 11%
at the Board.
!
11% 11%
4 140
30
2,
21
5,
2:
9%
Jan.
Jan.
Jan.
97%
Jan.
55
Jan.
22% Jan.
4,147
2 34
Jan.
Jan.
Jan.
Jan.
20% Jan.
20
95
i
130
16% *15% 16
11% 11%
sale
2OI4I
•I
86% 87%
15% 15%
23
'
;
I
130
j
'
I
650
1,400
900
150
25
500
100
Jan.
7% Jan.
200 30%
41
|
157g
25
1,014 162
I
16% 16%1
1
\
205
163
31
39
9%
32% 33%
141
7%
30
33% 33%
'22
I
20458i
pref
\
25
101% 101% 101% 101% 101% 101% •100
205
9%
22%
102
•6%
30
147
33% 34
'22
•22
26
53 14
131
135
*22
:
|
C.iineron Coal
Jan.
Jan.
425 30 Jaiu
6,545
9% Jan.
63 97% Jan.
500 53 Jan.
1,900 21% Jan.
200 147 Jan.
4,442 32% Jan.
5'
20 Jan.
95 Jan.
3,180' 18
Jan.
I
55
22%'
55
22
22% 22%
33% 34
20
,
South Carolina
Warren
I
Jan.
Jan.
411 140
140
30
9% 9=8
97% 97%
g^si
I
147
*22
1
'
9%
9%!
55
22%:
53
22
32% 33%
*20
1
Essex
New York Lack.* Western...! 101
New York New Haven * Hart.' 20458
Pittsburg Ft. W.* Chicago
141
Quicksilver .Mining Co
Rensselaer * 8 iratoira
162
Rome Watertown*Ogdensb'g 31
Bl. Louis Alton *rerreHaiite.|
39
Do
30
968
95
,
* Western..
3214
140
30
I
I
Morris
30
9%
1
Columbus Hocking Val.&Tol.
ElUahetht. Lex.* Big Sandy.
Illinois Cent .lea.sed line stock
Shore
140
30
1
Ceniral Iowa
leveland * Pilt.sburg
Mil. Ijikc
4985102
105| 63
24' 120
97i4Jan.
2!
I
Albany * Susi|uehanna
American District Telegraph.;
Atlantic
60 145i4Jan.
!
Inactive Stocks.
Jan.
Jan.
Jan.
Jan.
5'
Jan.
.Tan.
38% Jan.
86
Jan.
15% Jan.
130
Jan.
1573 Jan.
Jan.
6OO' 11% Jan.
23
53.V Jan.
51135 Jan.
2 102 Jan.
Jan.
2 206
2 141 Jan.
8
6
Jan.
2 163 Jan.
4 31 Jan.
4 43% Jan.
5 89 Jan.
5 15% Jan.
61130 Jan.
4 16% Jan.
6 23 Jan.
51 11% Jan.
5
4
4
8
6
THE CHRONICLK
56
JANUARY
OF STATE AND RAILBOAD BONDS,
OUOTATIONS
^
STATE BOIVPS.
OUmB,&i, 1906
Olau C, 4a, 1906
6«,10-aOa.l900
7
15
15
15
15
6
Arkansas— 6b, fnndea
7s, L. Rook 4 Ft. 8. 188.
Ta. Memp.A L.Rock RR
TfcL. R.P.B.4N.0. RR
Ta Miss. O. A R. R. RR7e, Arkansas Cent. RR.
10
102
100 li
eeorgla-68, 1886
Ts.1886
Ta,«oia.l890
llii>a
4 W.—Contln'd—
M.4E.— 1st, oon.,KU.,78
N. Y. Lack.& W.— lst,6s
Construction, 58, 1923
Del. 4 Had. Canal- l8t,7s
Railroad Bonds.
Erdmnae
Prices.)
Atch.T.AS.Fe^'5j8.1920
Sinking Fund, 68, 1911.
AU. & Pac.-l.Ht, Bs, 1910
Baltimore & Ohio-
121 >a
let, 6s, Park. Br., 1919.1"
108\ 109 >4
68, gold, 1925
108
Vj
l8t.5a
No.—
Bnr.C. Rap.&
col.tr.,58,1934 lUO
Consol.
Minn.4 St.L.— l8t,7s,gu| 130
West.- 1 9t,78i
la. City
&
&
C. Bap. I.F.&
N.— l8t,68j ids
•99
100
47 •a 48
..-I
l8t,68,1921
Buff. N. Y. & P.— Con8.68
General, 68, 1924
Can. So.— l8t. Int. guar., 58,
2d, 68,
1913
87>4
I
Chicago
A
|
84
37»4) 38
100
90 "si 92
Alton—
123
Det.Mack.4Marq.— l8t,68[
Has, S.
3
A..i
4 G.-l8t,7R,1900
1930
let, OS, 1920
Eliz. Lex. 4 Big Sandy— 68
Erie— 1st, extended,
78...
5s, 1919..
2d, extended,
3d, extended, 4 Hia, 1923.
4th, extended, 58, 1920.
5th, 78, 1888
Ist, cons., gold, 78, 1920
l8t, cons.. Id. coup., 78.
l8t,cons. assent. 7s, lrt99
Ex June, 1886, coup..]
ColhJt'l trust, 6s, 11)22
134 >4l: Buff.4S. W.-M. 6s,1908
Ev. 4 T. U.— lat. cons., 6s
2d,
Waco 4
2d, 7 3-108, P. D., 1898.
Ist, 78, « g., R. D., 1902.
l8t,LaC. Dlv.,7s, 1X93.
M., 7s, 1897...
D., 78, 1899....,
!
let,7s,I.4D.Ext.,1908
Ist, 8. W. Div., 68, 1909.
Ist, 58, LaC.4 Day. 1919
C—
!
l8t,S.Minn.Div.,6s.l910
Ist, pref.,7B
Ist, H.4D., 7s, 1910... 123»4'125
Chic.&Pac.Dlv.,(>8, 1910 117Hi
Ist, .5-68, 1909
l8t,Chlc.*P.W..I>8,1921 lOS"* 103 'a
2d, 5.6s, 1909
Mln'lPt. Div., 58, 1910. 102 103
Eastern Div.— Os, 1921
Indianap.D.4Spr.— lst,78
C.4 L.Sup.Div., 5s,1921 101 Hi
Wls.4 Mrn.Dlv..58,19il 102^
Iut.4 Gf. No.— lst,6s,gold
101 Hi 102
Terminal fls, 1914
115
Fargo ,t So. 5s, A88U.,*24
Chic. & Northwest.—
no's
Consol. bonds. 7s, 1915.
Coapon, gold, 7s, 1902..
RegUt'd, gold, 78. 1902.
Sinking fund, 6s, 1929..
Sinking fund, 5s, 1929.
81nk'gJd.,dob.,5s,1933.
25 years deb., 5s, 1909..'
Cleve
117
110
104 Hi
104 Hi
Escanaba4 L.S.— lst,6s 114
Des M.itMin'ap.— lst,78 124
Iowa Mlilland-lst, 88.. 134
Peninsula— 1st, conv., 78
1'26
ISO
North.Ill.-lst .58. 1910. 106
C.C.C.&Ind's— lst,7s,s.fd.; '122 Hi
Consol. 78, 1914
Consol. sink. fil.. 7s, 1914
Qeneral consol., 6s,l934i
Chlo. St. P. Mln. 4 Om.—
Coneol. 68, 1930
C.8t.P.4M.— Ist68,1918i
1'22
123
103
104
1'20
l'J6
120 >9
125
MSO. 125
123Hil26
Chic.4.E.Ill.-l8t,s.f.cur. 116 !110
Consol., 1st, 6s, 1934. ..: 111=4112
Chlo.8t.L.4P.— lst,con.58'
9i'4:
D«L
H.Val.4 Tol.— Ist, 68
L.
4 W.— 78,oonv.,'92
Mortgage, 78, 1907
Srr.Binir.&N.Y.- l8t,78
Morris 4 Essex— Ist, '7s
2d,78,1891
Bonds, 78. 1900
7b of 1871, 1901.
92
Consol., coup., 1st, 7b.
Consol., reg., Ist, 78
Consol., coup., 2d, 7s..
Consol., reg., 2d. 7s-
iid'
lOfHi
108
i
—
I
I
137
133
14IH1
110
I
•126
i
*
1
;293,i130Hj
N
4 Ala.— S.f.6a,1910
Loulsv. C. 4 L.— 68,1931
Trust bonds, Bs, 1922.
8.
.
10-40,08,1924
Pens. 4At— l8t,68, gold
99=1 loo's
85
87
87 Hi 88
93
87
90
93>4' 96
101 Hi 102 Hi
1
91
80
90
N.y.4M.B'h-l8t,7s.'97 105
Metpn. Kiev.- l8t,6s,1908 115=1
2d, 68,1899
107 Hi 109
Mex. Cent.— 1st, 7b, 1911.
Ist, M., 7s, ex-cp.,6,7,48
i.
"50'
Mlch.Cent- Con8.78.1902 128'
No piloeB Friday;
1
j
"boiti
these are latest qootatlous
112'i
II2H1
104
115
111
119
118><
116
115
116
109
108=j
-69
71H»
•88
82
Chic. Div.— ,58, 1910
99 "a
T0I.4
92
93 Hs
96
101
66Ha
87
75
.
'iKIHi
112=4
W.— 1st ext., 78
107
104
latStL. Div.,78, '89.
2d, ext, 79, 1893
96 »9 96=4
02=,
70Hi
....
Hav. Div.- 68, 1910
Indpohs Div.-6s, 1921.
Detroit Div.- 6s, 1921..
Cairo Div.— 58. 1931
Wabash— Mort, 78,1909
.
92
ioi"
Wab.St.L.4Pac.— Gen..B8
U5
Equip'tbd9..78, '83.
•••4':
10413
'95"
lllHl 112
103
103Hj
2d. 7s, 1893
Q.&Tol.— I9t7s. 1890 •92
.
Consol. conv., 78. 1907
Gt West'n- lst78.'88
lllHli
04
102=8 103
Han.
103 Hi
101
106
,t
Naples— l8t,78
•90
Ill.&So.Ia.— lste5.,B8
St.L.K.CtN.-R.e. 7s 110
99
66
75
Clar'daBr.- 68. 1919
91
94
St.Chas.Bge.— IstBs
No. Missouri— lat. 7s. 1134| lis
Omaha
113^1
Div. -Ist. 78.
W.St.L* P.— Iowadiv.,6s
Trust Co. Keceipts
West Shore — Ist.
78. 1900,
i02'8
guar.. Is
West.Un.Tel.— 7s. 1900
119^ 121
..'
121
reg
N.W.Telegraph.-78.1904
Mut. Un.Tel. -S.fd.Ss.lOl 1
8
92
C0I.C.4 Ir.Co.— Istcon.Bs
81 >«
93
>a
Incenie Bonds.
iljiterest
Atl.
uayable
if eiirned.i
4 Pac— Inc.,
1907
Chic.
4
25 H> 251^
1910...
Central of N. J.— 1908
...
E. 111.— Income
..
E.T.V.4Ga. -Inc.Bs.UISl
19»s
l^,'^
27
40 "« 41
GT.BayW.4St.P.— 2d,lnc.
Ind.B1.4W.— Con.. iiicBs
I
Ind*9Dec.4 Spr'il— 2d,inc.
Trust Co. receipts
*2d"
& Wilkesli. Coal— '88
Lake E & W.— Inc.. 7s.'99
Sand'kvDiv.— Inc.,1930
id2=4 Leh.
IstBa
Lar.H1.4Mun...Ili,'..7B.'il9
Incomes
Mil. L. Sh.
Mi>b.4 O.— lst,prf.,deben
2d, pref., debentures
3d. pref., debentures
4th. pref.. debentures.
4W.—
Pac— 1st, cons., 6s.
—
3d, 78, 1906
Pac. of Mo.— lat, 68 ..
2d, 78, 1891
8tI,.4S.F.— 2d,B8,Cl. Ai
.
1
I
80 H« 33"
.SI",
29
30
32
83
65 '4 66
39 Hi 40
..
36
M'-i
304|
66
56
.V.Y'.LakcE.4W.— Inc.Bs
.18
Ohio So.—2d. inc.. B9.1921
PooriaD.& Ev.— Inc..l92ni 47
ETauav.Dlv.- Inc. 1920' -47
50
Roch.4Plttsb.— Inc. 1921
Rome W. 4 Og.— Inc.. 7s. 49
28
So Car. Rv.— Inc., Bs, 1931
,S5
St.L..^.*T.H.— DlT. bds..
59 >9
St. Jo. 4 G'd I8l.— 2d, inc.
6s, ClaaaC, 1906
Bs, Class B, 1906
1st, 6a, Pierce 0. 4 O.j
Equipment, 78, 1895. 103
Gen. mort., Bs, 1931 ..1 99 Hi
So. Pac. of
IstBa, 103
Mo—
Tex.4 Pac— l8t,B8,1905i
Consol., Bs. 19051
gr.— reg.
39^
47 H»
50
29
60
69?.
Free List.
Cln 4 Sp.— lst,C.C.4 I..7S r.9 122
Ist g.. L. S. 4M..S.,7s.. 119 120
Jefferson— Ist, 7b. 1889... lOlHl
...
85
.
N. J. so., int. gUiir.B».1899
on
ex Aug. cp.
Do
Gen. mort A ter. 68
Pennsylvania Rll.—
.
Ohi,i ('entnil.— Incomes
T.,tst.I..in M.,(S A, iHl.Bs
Pa.Co.'sguar.4Has,lBt,cp
Pa. Co.'84Hi8,reg.,19'21.'
made this week.
109=4
109 Si. 109 'b
9- 92 Hi
109',.
70 Hi
93
93
95
116
99
Sabine Div.-lst,B8,1912
65
Va. Mid.— M. inc., 69,1927
100
122
122
Oreg. Short L.— Ist 69
Ut So.— Gen., 7s,1909!
Exton., Ist Ts, 19091
Id.
lllHl
Tol. P. 4 W.— 1st '78, 1917
Trust Co. receipts
91"
Tex. 4 N. O.— 1st 7s,1905
104
C.Br.U.P.— F.c.,7s,-95
4
55
117
118
112 '4 112=4
" T0I.4O.C.— lstg.,68,1935
'93.
G., 68, .4ug. cp.
'ss'i
1
.'itC.4P.— lst,6s,1905
Rio
.
f|
I
Income
88 >3
98
105=j 106
,,
Denv.Div.69,aa8.,'991 112Hi
Istconsol., Bs, 1919.J 09 Hi 100
Mo.
.
87
49 19
1
I
Kans. Pac— l8t 68,'95
111'4
l8t69, 189B
AtJ. C0.4W
(
.
.
'87-89
5s,
72
!
I
Collateral Trust, Bs. .
Do
*71H(
{
i
1
Sinking fund, 88,
Reg., 88, 1893
110
!
108 -«
Cal. 4 Oregon— 1st, Bs 100
101 Hi
Cal. 40r.— Ser. B, Bs
Land grant bonds, Bs. 104 '-a
West. Pac— Bonds, 63.. 109
No. R'way (Cal.)— Ist6s 110
So. Pac. of Cal.— lat, 68. 106 >4
So. Pac of Ariz.— Ist 6s
So. Pac.of N. Mex.-l8t,68
Union Pacific— Ist, Bs..
Land grants, 78,
131
l'.i9Hl
Nashv.4 Dec— 1st, 78.. 111
4 M.-lst,68,1919
|'Loui8V.N.AIl).4C.— I8t,68
General murt.. 68, 1914.
86
86H1ILOU.
_
N.O. 4Tex.-lat, 6a
II6H1 ManhatB'ch Co.— 78,1909
....'..
118
110
1980
ilLaf. Bl.
--•••I
86
115
123
113Hl
1
Panama— S.f.,8Ub.68,1910[
71Hi
90 "e 90=4
[
St Jo. 4G'dIsrd.-l8te8
'
Consol., 5s. 1925
106
llOHl
Con., 1st ext.. OS. 1922.
Ro(li.4Pitt.— lat. Bs, 1921
Consol.. 1st (is, 1922...
Rich.4.\llcg.-l9t. 7s,1920
104 I4 St. L. & Iron Mt— Ist 7s.
104
104 7f lOB
2,1,78,1897
135
134
Arkausa* Br'ch — 1st, 781
134
134 Hi
Cairo 4 Fulton- lat 7s.
109 1091,1 Cairo Ark. 4 T.— Ist 78i
138 Hi' 140
Gen. r'y 4 l.gT.-59.1931
138
St.L.-'Vlton 4T.H.— Ist'si
126
2d, pref., 78, 1891
2d. income. 78, 1894
68
57
Bellev.4 So. III.— Ist 88;
58
57
StP.Minn.4Man.— lst,78
126 127 Hi
2d. Bs, 1909
116 i:7H2
DakoUExt— Bs. 1910.
96 U 96 "e
1st consol., 69, cp., 19331
06=4
Mln'8 Un.— l8t, Bs. 10'-'2
"ie" 78
StP. 4 Dul.— Ist 58,1031
78 Hi
So. Car. R'v— Ist «s, 1920,
68
39
2d,B9, 1931
102 103
Shenaud'hV — l8t78,1909
111=4 111=,.
General. Bs, 1921
111=4! Ill's; Sodus Bay4 So.-lst58. g.
Tex.Cen.-l sts.f .,7a. 1 909
'9314
1st 7s. 1911
99
Peoria Dec. 4 Ev.— let Bs
83
Evans. Div.— I8t6a.l920
99 Hi 100
Peoria 4 Pek. U'n— l8t,68
100 100 Hi Pacific RR.—
11434 115
Cen. Pac— Gold. Ba. ...
87
88
San Joaquin Br.— Bs.
122 Hi 123
122 Hi 123
MahoningCoalU.-l8t,58 102'8il03
Long I8l. It B.— Ist, 78, '98 124 126
109
Ist, conaol., 58, 1931
Louiav.4 Nash.— Con8.,7e 123 Hi 124=4'
Cecilian Br'ch. -78,1907 107
110
N.O.4Mob.-lst,68,19S0 103 103 "e
2d, 68, 1930
89
90
B.lI.4N.-l8t, 68,1919 113
General, Bs, 1930
104 105
Peusaoola Div— 68,1920
94
100
StL. Div.— l8t,0s,1921
2d, 3s,
1887
4 To).- iBtBsl
June— let Bs. 1922
McK. 4 y.— IstBs.
RomeW.4 Og.— I8t78,'91
Pitts.
Pitts.
Trust Co. receipts
Oreg'nRR.4Nav.— IstOs.i 111
7s.
136
130
109 Hi
,
1898...
Debenture 68, 1927
105
Atl.4Ch.— l8t pr.,78,'97
115 i2d"
Incomes, 1900
123H>
Scioto Val.— 1st. cons., 78.
general, 58, 1932...
Debenture,
*
136
130
128
108
118
R'y- Bs of 1932
101 's:
116
Ohio Cent.— lat T. Tr., 6a
109 Hi llOHl
Ist, Min'l Div., 6a. 1921.
Ohio So.— Ist, Bs, 1921 ...
Oregn4 Cal.— l8t.6s,1921
•116
Or.iTransc'l .6s,'82,1922,
lllHl
Oregon Imp. Co.— 1st 68.,
113
139^
Rich.4Danv.— ConB..g.,68| 111=4 112
Registered, 6a, 1921 ...
Gen., 2d, gold, Bs, 1933.
Pac— lst6s.g., 19201 51
Norf.4W.— Gen., Bs, 1931 100
New River— lst,6s,1932 100
Imp. 4 Ext— 68, 1934..
8014
Jldtustmt. M.— 7s, 1924.
97 Hi
Ojtd. 4 LakeC'h.- IstBs..
Ohio 4 Miss.— Cons. 8.f. 7s 120
Consolidated 79, 1898... '120
Ist,
C—
Pitts.Cleve.
112
2d, con9olidate<l,7s,1911
Ist Spriugtield Div., 78.
.
nI,-ETle4W.-lst,68,f919
Sandusky Div.—68,1919
;---;-|
0^.4 Oreen.— lst,68,1910 100
Col.
i
RR.— Con tinned-
2d, 78,1898
2d, guar., 7a,
9IH1'
77=4'
N.O.
I
1
St.P.48.C.-l9t.«8,l 919
1899-
Pitt«.C.48t.L.-l8t,c.,78
1st. reg.. 78
2d, 79, 1913
let,78
Pitts FtW.4
2d, 7s, 1912
3d, 78, 1912
Clev- 4 P.— Cons s fd.,7s
4th, 8. f, Bs, 1892
St I.. V.4T. H.— 1 8tg..7s
Pine C'k
80
106 Hi
N.Pac— O. I.gr.,lst,cp.,68
.
.
MiL4 Mad.— I8t,6s.l905 114
Ott.C. F.4 8t.P.-l«t.fls ;06
la, 6b, 1926
Trust Co. receipts
N.Y.* N. Engl'd- Ist, 7s.
l8t. 68, 1900
N.Y.C.48tL.-l8t,6s,1921
Trust Co. receipts
2d, 68, 1923
N. Y'. Susq. 4 W.— Ist 6st
Debenture, 68, 18971. ..
Midland of N.J.— l8t68
N.Y',N.H.4H.-lst,rg.,48
Det.M.4T.— lBt,78,1906 i2d'
r,ake Shore— Div. bonds 123
Chic.&Milw'koe- lat,78 125% 126
Win. 4 St P.— l8t,78,'87 1031, 104
Gen'l mort., 6», 1932 ...
Chic. 4 St.L.— lBt,68,1916
"si's
b'dii
Stamped 4 p. c, 1911...
Lake Shore >ft Mich. 80.—
4 Tol — N bds.,78
Cleve. P. 4 Ash.—78
Bufr.4El'ie -New b<l8,78
Kal. 4 W. Pigeon— 1st
129
2d, 78,1907
Coupon. 68, 1909
Kent'kyCent.— M.Os.1911
9mi
77
117
N.Y'. Elev.-lst, 7s, 1906.
N.Y.P.4 0.— Pr.l'n,6a,'95
N.Y.C.4N.—Gen.,69,1910
No.,8s,1915
1
4 M.. 78, 1903...
Consol. 7s, 1905
107-'^;l
106 Hi
cp.,78
138
C—
136
General, 69, 1921
127 1129
Hous. E.4W.Tex.— lst,7s
128
2d, 6s, 1913
121 "a 123 H) IlLCen.— Spd.Div.— Cp. «8
122 Hi
Middle Div. -Reg., Sa
125
C.St. L.4N.O.— 'fen. l.,78
128
l8t. consoly 7s, 1807.
126 1130
2d,68,1907
126 '-a' 129
Gold, .58, 1951
114
Dub. 4 H.
2d Dlv.,78
105H>i
Ce<l. F. 4 Minn.— l8t, 78
114 111418 Ind. Bloom. 4 W.—
1898
Ohic.4W.Ind.— l8t,8.f.,6s
iif" V20'
I
Leh.4W.B.—<Jou.g'il.a«.
Am.D'k&Imp.— 58,1921
4 St. P.—
68,
129
120 "e
105
I
.
6b.
SECURITIES.
iisie
l9t, reg., 1903
Deb., 68, 1904
Harlem— 1st, 7s, coup..
1st, 7s, reg., 1900
,,
''
Chic. Mil.
Wis— l8t,
N.Y.C.4H-lst,
lllHi
107
I
Conv., assented, 7s,1902
AdJ ustment, 7s, 1903
Conv. debeut., Gs, 1908.
Funding
1884-1913
92
M0.K.4 T.— Genl.,68,1920
»0?a 82
74 Hi!
73
General, 58, 19',i0
61
oO
Cona., 78, 1904-5-6
.--Cons., 2d, income, 1911
llg
H.4Cent.Mo.-l8t,78,'90
69
Mobile 4 Ohio— New Bs.
68
61 Hi 62 14!
Collateral trust, 6a, 1892
98
let, Extenifion, 68. 1927
Morgan'a La.4T.— l8t, Bs
let, 78,1918
97 100
Na8h.Chat.4St.L.— lst,78
126 127
2d.0s, 1901
112»4
N. Y. Central— 6s, 1887 ..
107
Deb. certs., ext4. 58
gl
I
6b, reg., 1917
Ext. &Col.,68, 1934....
Keok. 4 Des M.— 1st. .'is
Cent, of N. J.— 1st. 7s. '90
No.
-„-.;-r"^"'
*87
\
Plain 48, 1921
C.B.I. 4 P.—«s. cp., 1917
13
13>a
lie
Registered
Penn.
Mich. Div.— l8t,B9, 1924
Ashl'd Dlv.-.l9t,6s,192.-,
112 113
108 !108>4
MtVern'n— lat, 6s,1923 103
112
Frt4P..\Iarq.— M.U8,1920 115HJ
8334!
83
lOOHi ;Ft.W.4 Deu.C.-lstjOs...
100 loal.Har. 4 S.Ant.— l8t,68 114
'110
•90
2d, 78, 1905
128 129
9IH1
West. Div.— 1 8t, 58
128 130
llBHi
2d, 6s. 1931
109',
Gr'nBayW.4St.P.— l8t,6s 80 Hi'
109
Gnlf Col.4 S.Fe.— 78,1909 117Hi'
112
113
88H1I 88"
Gold, Us, 1923
107 107 "21 Han.4 St. J.—Con.68,1911 118 120
>i08"» 110
Hend.Brldge Co.— Ist, 69. 109 112
108
103 104 '-4
107
l.st M.L ,7sl
H.4 ex
98
63
64
99
1st, Western Div.. 78t..
98
104 V 108
Ist, Waco 4 No., 78t ...
90 '» 91
88 Hi 89
2d, COU.S0I., main line,, 8s
Denver Div. —48, 1922..
&
4
Pac— lst,78
Den.&KioG.West— l8t,68
Long Dock b'nda, 78, '93
133 Vi
,
—
l8t, I.
Ist, I.
Ist, C.
i
N.Y.L.E.4W.-N'w2d6a
68, debentures, 1913
la. Div.-S. fd., 5s, 1919i
Sinking fund, 48. 1919
1st, 88, P. D.,
Ist, consol., 78, 1910....,
Tru St Co. receipts
B.N.Y.4E.-l8t,'78,1916 132
2dr(360),78, 1898.-..I
2d,suar. (188),7s, '981
.
Denv.&BioOr.- lst„78..l
Reoig., IstUen, 6s, 1908
118"a
118
Mlss.B.Br'ge— l8t,8.f.6s| 100
Chlo. Burl. & Quincy—
Consol. 7s. 1903
68, sinking fund, 1901..
Ask
56
63 >a
60
District of Columbia—
3-658, 1924
Mlnu.4St. L.— lst,7s,1927 I '29 Hi i35
Iowa Ext.— let, 78, 1909 119
100
2d, 7s, 1891
S'thw.Ext.- l8t,78,191fl
Pac. Ext.— Ist, 69, 1921 iio
117"4|H§
142 i*»
lst,con8.,|u.-ir.68,1906
—
68,
1.9t.,
107 '4 ids'
BUz.C.4 N.—8.f.deb.,c.,68
1
&
Bid.
Michigan Cent.—Cont'd—
Ill
Consol., 5s, 1902
6s, 1909
IO714
Coupon, 58, 1931
106 Hi
Registered, 5s, 1931 ..
Jack.Lan.4Sag.— B9,'91
99
Mllw. 4 No.— Ist, Bs, 1910
MilL.S.4W.— l8t,Bs,1921
Ex coupous 9 to 12 .
Divisional ,59. 1930 ....
Chic— l8t;
Ist, guar. (564), 78,'94|
63
63
103
55
65
106
SECURITIES.
Ask.
137
Ben8.<fcSar.-l8t,cp.,7s
l8t, cons., 59,
24,78.1900
90
68, consol., 2d series
68, deferred
—
130
l8t,cons.,guar.7s,190bi ;-,-,;v(iia
E.T.Va.
!ll8
Ist mort., 7s, 1893
"2:125
Sinking fund, 68, 1903 .] 122
1'24
.. ..
La. & Mo. Riv.— ist, 7s.
St. £. Jack.
Virginia— 68, old
68, new, 1866
68, consol. bonds
6s, ei-matured coupon.
\
non-fundable, 1888. j
Brown consol'n 68, 1893
Tennesaee 68, old, 1893-8
6s. new, 1892-8-1900 .
'iiih ii9'
l8t,PaDiv.,cp.,78,1917
Ist, Pan. Div.,reg.,1917
Alb. 4 Susq.— l8t, 7s...
I..ana grant,
Central Iowa— Ist, 7s,'99f
East. Div.— Ist, 68, 1912;
111. Div., Ist, «8, 1912 ..
68, gold, series A., 1908.
68, gold, series B., 19081
68, currency, 1918
Mortgage, Cs, 1911
Ches.O.&B.W.- M., 5-68..
South Carolina—
68, Act Mar. 23, 1869
131
127 128
106 Hi 107
115 118
Ist, est., 78, 1891
Coupon, 7s, 1894
Den.So.Pk.4
105
'
Chesapeake & Ohio—
Pur. moneyfuud.,1893.
1919
53
62
43
43
80
50
C'mpml8e,3-4-5-68,1912
83 ^a
115
103
Consol. 4s, 1910
Ohio— 68, 1886
Bid.
SECURITIES.
ABk.
DeL L.
(Stock
20
8
all classes.
WU.C.ARu.K.
Do
68,
Tennessee Continued—
6s, new series, 1914
BAlMtOAP BONPS.
Bid.
SECURITIES.
Special tax,
BECUKITIKB.
—
New bonds, J.&J., 'OS-S
74
73>a!
100
107
110
116
102
New York— 68, reg., 1887 103
IIX
6b, loan, 1891
118
68, loan, 1892
121
,
68, loan, 1893
31
N. Carolina—6s, old. J.*J.
10
Fnndlng act, 1900
Missouri— 68, 1886....
6a. dne 1889 or 1890.
ABTl'm or Univ.. due'9a
Funding, 1894-96
Hannibal 4 St. Jo., '86.
§, 1886.
Ask.
Bid.
N. Carolina—Contlnned—
87
Loolsliuia— 78, ooiui.,1914
Stamp-il, 48
97
lOB
96
105
Alabama— OluB A, 1006.
SBGDRITIKS.
Ask.
8KCTJBITIK8.
Bid.
8ECTJKITIBB.
[Vol. XLII.
t
Coupons oft.
47
8
1
61
January
THE CHRONICLE.
9, 1880.]
New York
Qnotations in Boston, PblUdelphla an<l Baltimore.
Local Seoarttles.
Inaaranoe Stock lAmt,
Bank 8took
CO M
!•
PRICE.
PBICB.
A NI KS.
COMPANIES.
MKkpil ti,u9i")»re Par. Bid. Aak
Bid.
Aak.
not NutionftL
100
Am«rtc»*
Amar. BxohMiC6... 100 ISO
25 i70
Broadway
3B Wi
Bntchera'it Diov'a'
100 111) lis
Central
ISO
100
8baM
as IHO
hatham
100 :<«50
Obemloal
uu
2S
Oltliens'
100
City
100
Commerce
100
CODtldeiltHl
100
Ooru Kxctiange*
as
Eaat KlviM
as
Klerenth Ward'
100
yitth Avenue*
100
'.'.'.'.'.'.'.'.'.
100
WmrVi'.'.'.'.'
30
fatton
60
eafiatln
100
eartleld
Oannan American*. 76
100
Oermania*
26
Oreenwlch*
100
Hanover
100
Imp. <fe Traders'
60
Irnng
IfeatherManat're*.. 100
60
Manhattan*
100
Market
25
Mechanics'
26
MeohantCH'tft Trade'
100
Mercantile
60
Meronante'
50
Merchants' £xcli...
100
Metropolitan
50
Naaaan'
100
New York
Keir York County . 100
B.Y.Nat. Eich.... 100
100
Inth...
70
Korth America*
30
Worth River"
25
Oriental*
SO
Fkolflo'
100
Pwk
26
People's*
ica
160
Bepnbllo
Bt.Nlchola8*
Seventh Ward
Second
BhoeA Leather
State of New York*
Third
Tradeauieu'8
United States
...
26
as
Brooklyn
17
20
70
100
60
Cltlzona'
City
Clinton
Commercial
Eairle
Kniplre City
KzcliauKe
FamiKut
100
lis
PlrtMiion'8
Firemen's Trust
1000
\2li
Enip..
(}ertnan-Aiuerlcan
115
Oerniaula
ItfO
Globe
Greenwich
Guardian
Hamilton
HO
Ul»
150
100
142
112
.
.
Hanover
147
260
Home
Howard
130
Jefferson
IttU
Kin^s C'nty (Bkn.).
Knickerbocker
147
14»
155
Long
ISO
110
121)
128
127 "a
100
30'!
100 i-j
31
I2.i
100
100
100
100
100
100
100
40
100
A
Fraiiklhi
ISO
Muntauk (Bklyn.)..
Nassau (Bklyn.) ...
Niagara
North River
Park
Peter Cooper
People's
Phenlx
Rutger's
Standard
125
Star
Sterling
134
120
Mercantile
Merchants*
Pacific
l«0
159
175
109
l-il't
115
«7
150
Isl'd (B'klyn)
Manufac. A Build..
Mech. A Traders* ..
Mechanics' (Bklyn)
National
N. Y. Equitable...
N. Y. Fire
122
60
100
Bowery
Broadway
Continental
16S
lOijia
liiO
180
135
103
117
lOS
115
155
150
153
145
20 lOd
Pkenix
American
Amor. Kxcbange
Stuyvesant
United States
Westchester
WUUamsbarg
City.
100
40
100
30
60
17
10
100
100
SO
60
26
100
16
50
100
40
SO
20
40
60
100
25
50
60
60
60
50
37 "a
36
100
60
25
25
100
20
SO
SO
25
50
100
100
25
25
10
SO
150
100
135
170
1 00
110
lir,
IJl
25
225
ISS
105
140
175
170
ISO
lao
127
75
30
230
242
86
100
107
112
80
00
3b
50
235
2;<5
XI)
•J5
40
225
IM
105
195
70
108
IM
ISO
70
115
215
85
95
100
35
80
60
112
95
146
86
100
65
138
100
1U5
104
145
105
140
115
100
55
55
105
125
120
220
132
110
210
76
115
1S5
135
80
123
225
95
100
105
45
85
66
115
100
150
fO
175
75
145
110
175
110
145
110
145
120
105
60
60
110
135
125
232
A
Co., Brokers, 49
25
20
1,000
Consolidated Gas
100
Jersey City * Hoboken.
20
Metropolitan— Bonda
1,000
Mutual (N.Y.)
100
Bonds
Kaasan (Bklyn.)
1,000
Scrip
People's (Bklyn.)
Bonds
Bonds
Var*8
10
1,000
Var's
Bonds
V>oo
WUUamsbnrg
25
60
Metropolitan (Bklyn.).,
Municipal— Bonds
Palton Municipal
100
1,000
100
Botiu4
Xaol table
Bonds
Wall
Date.
OAS COMPANIES.
Bonds
100
1,000
Landgrant, 7s
Boston A Maine— 7a
Boaton A Albany— 7a
Boston A Lowell—7a
Ba
Boston
2,000,,000 Var's
1.200,,000 Var's
250,,000 A.
O.
36,430,,ooo!
758,,000; Quar.
,ooo'f.&
A.
700,
3,500,,000; tjuar.
1,500,,000 M.&N.
1.000,,000, Var's
700,,000 M.&N.
1,000,,000' Qnar.
400,,000 M.4N.
IDO,,OOOIA.
O,
1,000,,000 Qnar
1,000,
A. AG.
1,000,
750,
3,000,
300,
2,000,
1,000,
A. AF.
&
5
3
Nov.
Bid.
85 126
86 84
2,
Jan. 1
6
3>a'Dec.l5,'
2'i>:0ct. 1,
1902
3
2'a'Jan.lO,';'86
1902
Jan.
Nov.
1,
1.'
Deo. 15,'
Nov.
A
1,'
Oct. 1.'
Oct. 20,'
190(i
Jan.
1,
'
1888
Oct.lO,'
1900
6
Street.]
1900
104
101
140
114
13f
103
129
100
85
102
98
162
112
90
105
160
106
140
110
Ask.
128
86
107
102
150
117
xl40
105
131
88
ICd
101
165
115
100
110
162
109
160
lis
W.—
A Amboy—
A
119
A Mo.-Ld. gr.,7s.
Cam. A Burl. Co. -6s, 87.
120
Nebraska, 6a. Eiemiit
Catawlaaa— 1st, 7 a, con. 0.
109
Nebraska, 6s.Non.ex'pt
Chat. M., 10a, 18H8
9S
Nebraska, 4a
119S4 120>«
Now 78, reg. A ooop
Conn. & Pa<-<umpalo— 7a
Oonnect'g 68, op., 19(>0.04
122
East'rn, Mass.— 6a, new. J121
«117
118
Cor.Cowan
7a...,
A AilA.,deb.6a,
GulfA
Hcoit
Fort
U0'«
Delaware— 6b, rg. A cp.,V.
K. City Lawr. A 80^-68.
Del. A Hound Br— lst,7B
K. City St. Jo. AC. B.-7a 122 123
East Penn.— 1st, 7a, 1888
Little R. A Ft. B.— 7s, lat 113>4 114
110>ii KastonAAmb'y-8s, 1920
K. City Sp'd A Mem.— 6s
50% 51
El. A Wiu«p't^Ist,68, 1910
Mexican Central— 7a
Burt.
.
I
«U', 12
Income
—
Scrip
.....
Debenture, 10s
N. Y. A N. England— 7a..
86
86
126
116
Bl'ckeTSt.AFult.F.— Stk
100
900,000' J.
A
J.
latmort
1,000
700,000; J. A J.
Br'dway A 7th Av.— St'k.
100 2,100,000 a^r.
latmort
1,000 1,500,000 J. AD.
Atchison A Topeka
Atlantic A Pacific
Boston A Albany
Boston A Lowell
Boston A Maine
BostonA Providence
Boston Revere B. A Lynn
—
Calltornla Southei-n
Cambridge
-.
Cheshire, preferred
Chic. A West Michigan..
Cinn. Sandusky A Cleve.
Central of Mass
Preferred
6»a
Iowa Falls
A
ni8
IT*
2dmort
1,000
500,000' J. A J.
B'way Surface bds.goar. 1,000 1,500,000'J. A J
Bnndsguar
1,000 1,000,000 J. A J
Brooklyn City-Stock
10 2,000,000| Q.— F.
latmort
Bklyn. Crosstown- Stock
Ist mort, bonds
Boshw'kAv. (Bkln)—8fk
Central Crosstown— Stk.
Istmort
Oent.Pk.N.AE.Riv._8tk
Oonsol. njort. bonds
Ohriat'pb rAlOtbSt— Stk
Bonds
DryDk.E.B.ABat'y— Stk
1,000
100
1,000
100
100
A
800,000] J.
I.
200,000 A. A O.
400,000lj. A J
600,000 Q.— P.
600,000 (i.-J.
250,000 M.AN.
100 1,800,000 Q.-J.
1,000 1,200,000 J. AD.
100
650.000 Q.—P.
250,000 A. AC.
1,000
100 1,200,000 Q.-F.
SOOAc. 800,000 J. AD.
100 1,200,000 F.A A.
1,000
Ist mort., consol
Scrip
Blghth Av.— Stock
100 1,000,000
Scrip
100
t3d A Or*iid St.F'ry— Stk
100
Istmort
1,000
«2dSt.Manh.ASt.N.ATe
100
lutmort
1,000
2d mort.. Income
1,000
Hou»t.W.Bt.AP.F'y-8tk
100
Istmort
600
Klnth Ave
100
Oooond Av.—Stock
100
latmort
1,000
'
1,000,000
a-j.
FA A.
748,000 Q.— P.
236,000 A. AG.
2,500.000
1,200,000 M.A S
1,600,000 J. A J,
250,0001 (J.— F.
600.000 J.
J.
800.0001 Oct.
1,862.000 J. A J.
A
400,000 M.AN.
1,000 1,050.000 M.&N.
100 1,500.000! M.A S.
latiiiort
1,000
500.000 J. A J.
Talnl Av.— stock
100 2,000,000 Q._F.
Bonds
1,000 2,000,000 J. A J.
T»onty.tblrdSt Stock.
100
600,000 F.A A.
latmort
1,000
260,000 M.AN.
Consol
?lxth Av.-stock
M
Sept., '85
July, '90
Nov., '85
Jan., '90
Aug., '85
May, '93
r.io
110
320
111
280
112
(.
115
330
113
114
•ThIacolaainaaowalastdlvtdendonitocAf, batdateot matanty otoondf.
17 »4
87
iss'
78
64
43
21
119
Marq. Hougbt'n A Onton.
79 "a
60
66
43>4
21 "a
121
80
97 "a
ll'i 12
Preferred
Metropolitan
Mexican Central
38=8
...
117
Preferred
Northern of N. Hampsh. n23
Norwich A Worcester. . 170
Old Colony
17 Hi
Ogdensb. A L. Champlaln
Portland Saco A Portsm.
23
Rutland— Preferred
12Hl
Summit Branch
Worcester Nash'aA Roch 118
21"*
Wisconsin Central
Preferred
88^8
120
124
RAILROAD STOCKS,
IS
119
217;
33
t
Preferred
Gap
A Phil
Preferred
Oamden it Atlantic
Preferred
Buffalo N.Y.
B->8
8
Huntiugd'n
A
{42
Preferred
641^
108
"10 Hi
Reading
Wilm. A Bait....
Plttsb.Cin A St. L.—Com.
United N. J. Companies.. 207
46
West Jersey
Ist, 68. reg.,
1905
A
l£x.dlvldoud.
21
100
106
70
127
114
70
Gen., 78, coup.. 1901.
CANAL BONDS.
7OH1
Atlanta A Charlotte
100 191
Baltimore A Oliio
SO
50
50
RAILROAD
A Charl.— lat
rtaltimore A Ohio—4s...
Atlanta
Ino
2d
OoLA Aug.— lat.
Waah. A Bait.— lata.
2d8
3da
1st
-
.....
61i«
67
12
61=a
II8H1 119
98
99
105
109 >«
113
114
108
U2
103 103^
72=4 73>«
42 Hi 43
Inc.", Ssi'io'si
aO
68, gold. 1900, J.
6a, Series A
5s. Series B
81 >«
A J....
123
Union UU.— lHt,gua.JAJ 115
Canton endorsed
Pitlsb.ACon'ells.— 7sJAJ
Virginia
8s
A Tenn.— Ss
W.Md.—68,
Ist, g., J.
J .
2d, pref., J.
A
—
A J.
3d, rnar. by W.Co.,J.AJ
J
6s, 3d, guar., J.
A
A Weioon—68.
WUm. C, A Aug.— 68
Wll.
84 Hj
122
52
30 la ColumblaA Greeny.- lata
2d8
No. Central— 4 His. J. A J.
6a, 1900, A.
107 >« 108
119
103 Hi--.
116
108
101
tPerabare.
102 i-i
40
1st, 7s, 1899..
Cons. 68, 1909
Cln.
118
112
10
PhU.— lal,6a
Buff. N.Y.
2d. 7s. 1908
40
W.JerseyAAtl.- l8t,68,0. 108
Western Penn.—68, coup. 111
110
6s, P. B., 1896
Charl.
1908
Consol., 6s, 1913
38
21H»
15Hs
{14
103 Hi
Cen. Ohio.—68, lst,M.AS.
.
3d, 6s, 1887
Bell's Gap- lst,7a, 1893.
lat, 68,
{
47
Bait. A O.K.. SidB-CerU
B Jlvid'e Del.— lst,6s,19oa
•
70
Newtown A N.Y
RAILROAD BONDS.
39
103
81
Warren A F.— 1st, 78, '96 108
West Chester -Cons. 78.. II2H1
W.Jersey— 1st, 68, cp.,'96
—
BONDS.
A
Allegh. Val.-7 3-lOa, '80
7a, E. eit., 1910
Inc. 7s. end., coup., 'S4
Aahtab. A Pittab.— lat,6a
77 Hi
40 Hi
38 ig
Cons. 68, gold, 1901
Cons. 68, gold, 1908....
Gen., 4s, Kold, 1923
Parkersbnrg Br
67
'64 Hi
Philadelphia A Erie
Phila. Oer. A Norrlstown
Schuylkill Nav., pref...
Com.— Ist, 7s
A Pac— Ist, 6s,190S
Consol., 6s, 1905
Union A Tltusv.— Ist, 7s
Western Maryland
Northern Central
North Pennsylvania
Pennsylvania
CANAL STOCKS.
79>t
2d, 6s,1938
Tex.
Central Ohio— Com
Pref
A West'n-Com.
Lehigh Navigation
Pennsylvania
UOHl
102
40
A
ShamokiuV. A Potts.- 7s {117
Sunbury A Erie— Ist, 78
Suub. Haz. A W.— l8t, 68
1st pref
2d pref
53
68 Hi
53 Hi
Preferreil
Atlantic..
1-2214
BALTIMORE.
67
MlnehlU A Sch. Haven...
Nesqnehoning Valley
A
118
118
122 "4
RAILR'D STUCKS.tPar
Little Schuylkill
West Jersey
Conv., 78, R.C., 1893..*
Conv. 7s, cp.off, Jan, ,'86
Phil. Wil.A Bait.—4s,tr.ct
Pitts. Cln. ASt.L.- 78.B.—78,CI>.
Pitts. Titus.
ad, 6s, reg., 1907...
45
60
Broad Top
Preferred
Phlla.
Pblla.
Phlla.
12^Hl
A Del.— lst,6s,1886 82 ij.
Lehigh Nav.— 8s,reg.,'84. llOHlUl
Mort. RR., reg., 1897 .. 119
128 130
Cons., 7s, reg., 1911
87
88
Pennsylv.— 68, op., 1910.
Schnylk. Nav.— l8t,6s,rg. 100
53
48
Lehigh VaUey
Norfolk
126
Ches.
{35
Delaware A Bonnd Brook
Eaat Pennsylvania
Blmlra A WUilamsport..
Preferred
I4OH1
1301,
62 Hi
United N. J.— Cons.6s,'94
Allegheny Valley
Ashtabula A Pittsburg..
Bell's
—
2d, 7s, conp., 1893
Cons., 7s, reg., 1911
Cons., 7s, coup., 1911 ..
Con8.,68,g., 1.R.C.1911
Imp., 6s, g., conp., 1897
Gen., 8s, g., coup., 1908
Gen., 7s, coup., 1908
Income, 7s, coup., 1896
Cons. 5s, 1st ser.,c.,1922
Cons. 5s, 2d ser.,c.,1933
Conv. Adj. Scrip, *85-88
Debenture coup., 18931
Scrip, 1882
Syr.Gen.A
160
18
125
PUILiADELPIIlA.
1st preferred
27
38 la
114 118
286
109 ig 111
108
109 >«
110
lOli
108
206 207
108 112
6
Oct., 18851 168
176
Jan., 1888 105
112
Nov.,1885 162 167
Jan., 1889 160
165
Nov..l9'22 114
118
Jan., 1888 I4OS1 142
Dec, 1902 122 125
Nov.,18a5 135 140
Oct.. 1898 110
116
Nov.,1885 200 202
June, *93 114
116>a
Feb., 1914 108
109
2"a'Jau., 18SU 240
260
Feb., 1914 110
Nov., 1885 255
260
AprU. '93 112 117
45
60
"igi'o"
110 112
1915
70
Nov.,1885 145 163
18
111
113 >9
140
Jan""i886 203 207
1910
10711 109
May, '88 105
120
182 la
Sloni City'
Nashua A Lowell
N. Y. A New England
PMl.
76
Flint
Newt. A N.Y.— lat
A R.— let, 68.1910..
Phila.
263<
A No., pret.
Pltchburg
A Pere Marqnette.
Preferred
Fort Scott A Gulf
Preferred
126
C—
Concord
Oonnectlcnt RiverConn. A Passumpslo
Cleveland A Canton
Preferred
Mass
90
120'3
94 <4
2d preferred
Jan.,188G
July,1900
Jan., 1880
June. 190 4
1914
192t
1905
Nov.,1885
[Jan., 1B02
85 Hi
183
loo's
94 % Norfolk A West.— Oen.,6s 103 >9
100 100
OU N. R.Dlv., Ist, 68.1932 103"*
iOS>a
179 ii N. Y.Phll.A Nor.— lat, 6a
40
121
4S
12113
Inc., 68, 1933
181'a
Oil City A Chic— 1 St, 68.
91
184
Oil Creek— let, 68, coup..
120 "q
Pennsylv.—Gen., 6s, reg. 131
lia*
,'lSOHl
Oen.,6s, cp., 1910
123"
Cons., 6s, reg., 1905
Cons., 6s, coup., 1905... 122
110
52
Cons., 68, reg., 1919....
17'9
Pa. A N. Y.
78, 1896. 121
133
105
7,1908
94
170
Perklomen— 1 st, 6s,cp.'87
87
Phil.AErle— lst,7s,cp.'88 9108
7
1920
Cons., 6s,
LllH.
24
Cons., 5s, 1920
1
Eastern,
108
100
129
121
132
105
111
117
105
5s, norpetlial
103
Harrlsb'g— Ist, 6a, 1883.
H.AB.T.— lBt,78,g.,1880 111
Cona.6a,1896
TthacaAAth Ist, gld.,7B
da
llOU 110>i Jack. A Southe'm— l8t,68
--2d mort
Gen., 6s.
N. Mexico A So. Pac.—7a 123% 124
98
Leh.V.— lst,6s,C.AR.,'98
Ogdensb.A L.Ch.—Con.6e
33
2d, 78, reg., 1910
36
.....
Income
Cons. 68, C.A R., 1923..
Old Colony— 68............
Pueblo A Ark. Val.—78.. 122 122 'a N. O. Pac.— Ist, 68, 1920.
105 "a
No. Ponn.— 2d.78, cp.'98.
Rutland— 68, Ist
Gen., 7s, 1903
"9"i5'i
Sonera— 7s
Debenture 6s, reg
STOCKS
Det. Lansing
109
.
Catawissa
[Quotations by H. L. Ob^nt, Broker, 145 Broadway.]
Oons. «a, 1921
lat.Tr. 6a, 1938
Buff. Pitts.*
Gen.,6s
Cam.
6a, 0.,'ae
Mort., Ba, 1888
Cam. Atf.— lat,7a,g.,'83
3d, ea, 1904
Oona., 6 p.
•
Providence— 7a
A
Bid.
Boff.N.Y.A P.-Oontd.-
....
Preferred
Maine Central
Goa and City Railroad Stocka and Bonda.
[Oaa Quotations by OKO. H. PBEXTigs
Citizens' Oas8-L.(Bklyn)
AtoJi.
SKOCRiriEa.
Aak.
BOiHTON.. ^ _
7a. las
* Topeka— lat,
Kan. C. Clin. A Sprlngf d
Kan. C. Sprlngf. A Mem.
Little Rock A Ft. Smith.
Louisiana A Mo. River..
101
200
Brooklyn
Qas- Light
~
Bid.
BECIJIITTIES.
[Prloea by B. S. BaUay, »>• Pino St]
L.U(.
57
12*
124 Hi 126 Hi
106
105
106
116=4
7s,
tIndetailL
{
Last pnoe Uila week.
.... ...
I
.
THE CHRONICLE.
58
New York
BAILBOAD EAENINGS.
latest railroad eaminp:s and the totals from Jam, 1 to
latest date are (civen below. The statement includes the gross
The
earnings of
all railroads
Week or Mo
1885.
1884.
Jan. 1
to
1885.
1
'
!
|
lkRk.&Ft.Smlth November.
li.Rk.M.Riv.&T. November.
liOnglslaud
4th wk Dec
La. & Mo. River. September
IjOulslana We.<it. October
I/)ulsv.& Nashv. 4th wk Dec
I.ouisv.N.0. *T. December.
Manhattan Kiev November.
IIar.UonKh.& U. 3dwkDeo.
Uem. & Charles.
347,970
230,956
590,893
6,673
.Soveraber.
1.50,961
•Mexican Cent'!.
*Mei.N.,aU lines
Mllwankoe & No
MU.L.Sh.&West.
4th
. .
wk Dec
88,108
54.894
44,059
50,940
,59,615
541,467
512,559
311,300
313,117
40,877 2,854,090 2,772,034
70,004
409,933
501,385
49,940
481,433
370,191
383,932 13,664,917 13,662,165
80,557
43.3.53
578,163
3,905
142,185
87,851
122,282
11,972
26,150
173,739
809,932
IthwkDec
4th wk Dec
New York
Manhattan Oo
Merchants*
Mechanics'
-
.
Phenlx
City
Tradesmen's
Pulton
Chemical
Merchants' Exch.
Gallatin National..
B tttchers' &. Drov..
Mechanics* &. Tr..
Greenwich
Leather Mannf'rs.
Seventh Ward
State ot N. Y
Amerio'n Eioh'ge.
Commerce
Broadway
MBroantile
Paciflc
Republic
Chatham
Peoples'
North America
Hanover
...
Irving. .........
Oltiiens'
Market
Nicholas
Shoe* Leather..
at.
Com Exchange
...
Continental
Oriental
Importers'* Trad.
Park
North River
East River
Fourth National..
•
9.4.-.5.300
2,820500
3,126.000
2.737,900
2.413.300
3.107.600
1.869.800
3,194.000
5,721,300
4,871.300
1.700.000
20.069,800
18,121.400
1,726.000
1,190,100
376.100
974.700
2,53,1.000
5,401 300
18,947.900
4,976,200
1,318 000
2.167,000
2,136.100
2,85H,100
3.069.800
3,044.600
Bowery
N. Y. County
Qerraan-.Vineric'n.
Chase National...
Fifth Avenue
German Bxch'nge.
Qermanla
Lincoln
Garfleld
PKth National....
B'k ot the Metrop..
.
'
^d branihS^"^
I
46'(.900
836,600
2,>
161.9'JO
812.700
314,900
218,900
361.800
266.900
280,700
06.200
33-i.200
7:14.000
219.100
1.635,200
1,200
172.100
219,000
318,900
146,800
292.900
163,400
323.000
323.700
129,100
389,200
269.300
201.500
1.082.600
'2.045,500
Sixth National....
1,129,600
2,748.400
161,000
152,600
1.321,H00
782.000
389.000
6H3.5'J0
1.9«6.000
3.005.900
2.116,900
1.231.600
1.160,700
3,371.700
1.477,700
United autes
2 (3,300
324.600
188.000
54.200
504,000
297,000
655.600
401,000
270.000
2,(132.300
7.5O^.31)0
The following are
L. Tenders.
weeks
90,000.......
3,f.35.500
4.277.800
1.778.600
1,529,100
993.100
2.925,500
1.163,»00
288.700
5»2,70O>
237,200
2,600
624,000
44,000
3.6911.100
........
.
665,500
89«,100.
45,000
423,006-
43,000
........
.....
180,000
329,200
263,700-
2.9'.0.700
2,687.100
1.730 000
3.818.000
4.X54.000
5,527,000
1,980,100
24,194.500
24,38i,900
1,779.000
1,119,100
437,500-
439,800
...
103,600
88S,400
45,000
224,000
180,000
247,000
39,900
45,000
431,300
17.36'1.100
9.778.000
3,418.000
6,797,000
19.787.600
6.615.700
1,2 -JB, 100
2,613.700
2,603.200
2.732, 990
4.062,700
3,083.900
2,731,100
2,505,000
8.347,400
3.311.500
180,000
224,100
180,000
46,000
........
,......-
180.000
45.000
45,000
134,500
1,S41,.^00
1,288.700
4.301.600
1,828,000
1,971,900
1,810,100
3.)4,100
totals for several
Specie
isas-e
247,500-
1,704 300
339,909,800 89,721,100 28.808,200 376,959,300
Total
346,600
7,.'^00.00l)
10.752.200
2,577,000
14.905,200
2.247.000
18.216.000
19.366.800
4.816.300
6.997,600
3.092,200
5,869.100
4,516,700
2.0.M,500
4,768,100
11,070.000
3.012.000
3.0 '2.900
3t(4,000
8.843,000
*
1.237.000
2,037,200
316.800
417.700
168.300
232900
tion.
11.224 000
10.563 nOC
23,769.600
390.200
154.700
395,200
542.500
371,000
areola
S.
845.300
253,500
550.800
299.800
245,300
98,100
217,600
82.400
456.100
279.000
807.000
696.600
678,600
16.77-.,800
Third National ...
N. Y. Nai. Kioh..
2,->1.000
1,011,000
144,600
138,300
5,838.200
5,324,900
35.000
20S.200
3,046,600
1.765,000
848,000
1,975.600
4.496 000
1.468.800
274,300
fOi.OOO
389.100
461.000
92S.300
Deponti
than U.
a
568 000
614.000
913,600
379.000
649.700
341,'iOO
5ri9.600
192,060
9,979,800
past:
OircfutatUm Agg. Clear'ts
Deposits.
<11.593,573
0.005.700 '11.593,573
Dee.l9 387,574,300 92.818,100128,305,200 377,.1 02,000 10.005,700
••
26 336,938,300 90,983,200 27.212,700 373,953,000 9.924.400,6:16.73 1,162
608,087,197
376,969.300
9,979,800
89,721.100128,808.200
2
339.909,800
Jan.
Boston Banks.
—Following are the totals of the Boston banks
L, Tenders.
Specie.
1886-6
Deposits.'
t
CirculationlAgg. Cltar'n
9
Dec.19 164,140,000 10,140,400 4.184,100 112.63-2.300 21,271,800 84,906,642
••
28 153,045,900 10,371,000 4.'247,90n, 11 2,846,600 21.131,600 6H,353,360
Jan. 2 153,895.600 10,456,0001 3,781.400, 1!3,62J,90U 21,13,s,200| 81,647,296
Philadelphia Banks.—The
totals of the Philadelphia
banks
areas follows:
1886
Loans.
6.
Lawful Money.
Deposite.*
$
S
.
. .
City for the
other
Tenders.
12.090 000 1,870 000
9.884.000 2.009.000
7.382.700 l,'i!(>.Oi)0
8.777.000 1.700,000
11.590.800 2,062.000
2.F08.C00
517.000
9.93a.»00 6.1B3.600
433.100
2.374.000
947,100
1.247,800
15.449.600 11,726.700
3.216.600
783.700
533,400
6.563.200
293.700
1,6152.700
104,000
1,288.300
99.700
1,011,700
892.500
3,174,000
232.300
1,182,700
4 19,800
3.625.000
17.293.000 3.531.000
180B«.9.)0 7.004,200
6.749 400 1.110.200
6,197,700 1,497.600
618.500
2,602,400
8,933.700 1.469,300
4.08 1, SOO
919.100
146,700
1,702,300
681.200
4,022,000
.
. .
New York
Ifet
*
1
.
Banks of
1886:
2,
Bpecie.
Central National..
Second National..
Ninth National...
First National....
1,2.54,049
113,000
3,016,070
119,321
1,456,790
14,380
558,330
520,446
32,675
1,333,392 1,111,316
Minn'ap. & St.L. October .
172,410
1,412,709 1,498,482
Minn. & Northw. November.
35,242
Mobile & Ohio
Deccml)er272,563 284,637 2,047,367 2,l'66",412
Morgan's La.&T. October..
433,371
356,071 3,246,954 2,731,603
Nash. Ch. &St.L. November.
181,488 196,001 1,941,200 2,161,170
N.O.& Northeast November.
75,910
91,964
615,311
445,357
K. Y. City & No December.
38,108
24,038
4N.Y.L.Erie&W. November. 1„570,693 1,371,519 14,539,488 15,279,090
N. Y. Pa. & O. Noveml)er. 502,696 487,971 4,627,466 5,168,888
H.Y. & New Eng. Noveml>cr. 309,743 254,420 3,138,448 3,007,603
N. Y. Ont. & W.. November. 155,187 151,970 1,725,592 1,803,965
H.Y.Susq. (fewest November
97,344
97,275 1,005,949
946,524
N.Y. Tex.ife Mex. October
26,725
Norfolk & West Decemiier.
228,993 233,022 2,750,682 2,697,671
Northern Cent'l. November. 483,.594 474.805 4,983,223 5,079,609
Northern Paciflc December
801,823 758,229 11,376,151 12,(>13,305
Ohio & Miss
Soveml)er.
301,961
276,033 3,366,711 3,419,883
Ohio Southern December,
53,084
47,110
479,033
473,002
Oregon Imp. Co. October .
309,358 333,129 2,419,659 2,837,513
Oregon Short L. Octot)er
176,833 113,409 1,499,925
771,777
Oreg. R. & S. Co. December.
487,900 252,000
Penns.vlvania.
Noveuil»er 3,971,.539 3,950,937 41,568,345 44,797,583
Peoria Dcc.ifeEv. 4thwkDec
18,569
19,493
733,412
759,767
Ptaila. & Erie
Novemlior.
309.407 326,289 3,012,825 3,379,022
Phlla. & Reading November. 2,666,450 2,.554,133 26,638,014
28,656,597
Do C. <te Iron November. 1.605,748 1,645,.57^ 14.615,.568
Kichm'd &Dauv. November. 365,998 371,276 3,615,358 15,386,151
3,1)07,015
Ch. Col. ft, Aug. Novemljer.
77,733
84,5.58
734,627
692,431
Coiumbia<& Gr. .November.
78,023
88,162
620,957
604,921
Georgia Pao. November.
72,928
72,397
600,344
528,382
Va. Midland.. November. 132,291 122,715 1,420,015 1,474.484
West. No.Car. November.
43,059
38,639
427,374
398,480
Boch. & Pittsb'g 4tli wk Doe
37,476
29,985 1.329,685 1,142,750
Borne Wat. &Og. November. 167,83
156,465 1,583,644 1,576,270
Bt. Jo. A Gd. Isl. 4th wk Dec
23,676
20,360 1,073,074
BtL.Alton&T.H. 3dwkDec.
27,217
21,397 1,179,287 1,295,768
Do Branches i4th wk Dec
20,740
10,239
761,503
741,150
Bt. L. F. 8. & W.'4th wk Dec
18,402
11,364
647,331
503.040
8t.L.&aau.Frau.i4thwkDec 116,824 110,004 4,389,428 4.613.596
Bt.Paul&Duluth ItiiwkDec
29,631
3(i,620 1,383,183 1,317,315
Bt.P.Miu.Ai Man. Dicember.
685,744 819,439 7,490,320 8,314,197
Beioto Valley. . October . .
51,635
onthCarollna.. October... 134,961 157,352
916,216
968,263
flo.Pao.Comp'yAtlan. System October...
935,759 822,266 7,136,358 6,114,001
PacilicSystemlOctober... 2,113,219 2,265,414
Texas & N. O... October...
91,666
81,013
800,242
691,930
Texas Central. .'November.
35,211
238,709
Tex. Sl St. ]>ou1b 3d wk Deo.
42,584
32,323 1,206,402 1,611,756
Union Paclllc... November. 2,429,279 2,414,238 23„576,684
23,337,704
Vioksb'g & Mer. November.
64,839
54,029
412,127
444,385
Vicltsb.Sh.&Pac. November.
61,058
55,132
378,655
237,282
Wab. 8t. L. & P. 4th wkNov 374,962 314,302 12,712,632
13,734,133
JH'^est Jersey... November.
85,382
82,842 1,199,142 1,236,518
Wisconsin Cent'l 3d wk Dec.
26.969
25.113 1,421.951 1,384.9<J0
Mexican currency.
Not Including Intfianapolls Daoatar <fe Springflcld In
either year,
^*' "" ^"^ "^'"'*^ Ponnsylvauia & OUo road.
November.
. .
—The following statement shows the-
Loafu ani
Diuountt.
Seaboard
816,874
1,180,915
3,579,578
1,404,479
XLlt
Average .,lfnount of—
Bonkt,
1884.
.
.
week ending January
Latest Date.
960,486 1,016,023
98,637 123,688
Ala. Gt. Sonth'n November.
Atoll. T. & 8. F.. Novemlier. 1,603,413 1,461,922 14,318,024 15,056,801
201,537
18.182
271,535
21,823
November.
•Sonora
115.831 106,849 1,215,245 1,124,433
Bait. & Potomac November.
452,174
11,116
481,985
Dec
14,920
4tli
wk
&
W.
Boat. H. T.
BuffN.Y.& Pliil Decoinbcr. 20.^>,000 180,000
67,344
64,650 3,019,016 2,715,789
Bur.Od.R.&No. 3ilwkDec.
119,789
15,328
Calitor'a Soutiru October .
,000
156,000
8,351,558 5.750,522
wk
Dec
231
Pacific
Itli
Canadian
27,902 1,305,265 1,448,258
29,855
Central Iowa. ..1th wk Dec
Chesap. & Ohio. November. 284,080 276,079 3,047,040 3,229,693
697,043
648,735
68,204
71,228
Ellz.Lex.&B.S.INovembcr.
138,993 1,423,569 1,236,367
l.-)l,546
Ches. O. & 8. W. iNovemher.
Cblcago & Alton ItU WK Dec 158,016 1,57,233 7,989,734 8,709,274
Chic. Bnrl. & Ql November. 2,318,053 2,233,891 24,226,452 23,423,313
~
33.974
29,748 1,661,834 1,546,115
IU.;4thvrkDec
.m,
East.
Cblo. A
661,424 24,410,9,59 23,470,998
C)iio.Hil.&St.P. IthwkDec 734,000
Cbic. & Northw. 4th wk Dec 610,200 591,800 24,308,761 23,491,898
Ch.8t.P.Min.&0. 4th wk Dee 134,400 116,600 5,818,263 5,781,932
30,359
1,292,405 1,469,667
CUo. & W. Mich. 4th wk Dec
6i',394 2,372,037 2,434,780
67,428
01n.Ind.St.L.&C. 4th wk Dec
252,670 231,136 2,419,830 2,419,155
Cln. N. O. *T.P. November.
35,031
34,173 1,656,649 1,793,636
CIn.Wa8h.& Hall ,3.1 wk Deo.
8,429
7,805
470,970
468,822
Clev.AkronACol 3d wk Doe.
27,119
29,861
dev. &. Canton. [October...
17,313
16,144
208,187
196,7()6
Danbury & Nor. November.
25,037
Day. & Iron ton Oetol>er...
Denv. & Kio Or. 4th wk Dec 138,122 135,922 6,111,361 5,5.52,104
95,425
89,555
936,718
751,480
Denv. & R. G. W. November
10,297
7,681
375,841
318. 1S8
DeB. Mo.& Ft.D. SdwkDec.
30,493
25,102 1,221,538 1,328,592
Bet.Lans'K* No. j4tli wk Dec
15,900
14,735
924,347
Dub.&Sloux City 4th wk Dec
895,566
E.Tenn. Va.&Ga. .November. 400,781 380,180 3,710,593 3,616,819
15,142
12,936
749,873
743,641
Evansv. <& T. H. IthwkDoc
,59,416
.52,282 1,936,868 2,252,987
Flint & P. Marq. IthwkDec
26,407
23,173
961,294
9.55.653
Flor. R'way cfe N. SdwkDeo
33,078
25,684
464,173
463,568
Ft. Worth & Den. December
324,381 335,241 2,5,54,4.57 2,320,280
GaLHar.&8. An. October .
Grand Trunk ... Wk.Deo.26 325,807 300,105 15,139,786 16.966,782
34,422
31,583
Gr. B.W.C& St. P- November
GulfCol.&S.Fc. November. 240,409 160,656 1,620,881 1,585,547
461,538 318,497 2,000,231 2,060,575
Hou8. <fe Tex. C. Octol)er..
IU.Cent.(Ill.&So) 4th wk Dec
218,100 213,591 10,935,576 10,478,442
30,200
Do (Iowa) 4th wk Dec
27,875 1,656,436 1,712,390
gnd.Bloora.AW. 4ihwkDec
57,625
41,498 2,412,678 2,302,023
.C.Ft.S.&Giilf. 3dwkDec.
4.5,156
43,886 2,463,081 2,311,833
33,514
Kan. C. 8p. & M. 3dwkDee.
29,984 1,466,527 1,161,915
Kentucky Cent' November.
76,659
81.965
787,051
855,377
-
City Banks.
condition of the Associated
from which returns can be obtained.
LaUat Earnings Reported.
BOADS.
[Vol.
Dec.
••
83,198,100
83,749,500
19
26
Jan.
83,27'2,600
2
*Including
tlie
item "duo
s
27,075,100
85,088,000
26,572,200
84,751,600
27,079,600
85,837,000
to other banks."
Unlisted Securities.
week
_^
* Phlla
Pref
V
97^
69 >s
10
14
15
44^ 46
54.187.4ii6
46.125,089
47,461,313
quotations for
Securities.
Securities.
O"*
Atlantic * Pao.— Stock....
Cent. Dlv., Ist, old
82V 94
Atla.* Char. Air L.,bond9 117
Buff. N. Y.
7,413,500
7,392,500
7,382,500
—Following are latest
past:
Incomes
Bost. H. T.4 West.— Btk
Debentures
Oitvulation. Agg. dear'gs
Bid.
AsK
North. Pac.— Div. bonds..
North Riv. Cons.— 100 p.c
N. J. Southern
ooifl
BO'S
2V'8
28
Ohio Cent.— Rlv. Dlv., 1st
10
Cent, trust ceit
Atlantic
*
1st mort
Pittsburg A Western
Ist mort
Postal Telegraph — Stock.
1st mort.. 68
Postal Tel. A Cable—Stock
Pensacola
—
l-*
i'H
25
9
87
low
69
Brooklyn Klev*d-Stock.. 35'3 38 ><
a
104 104»4
SV 10
Istmort
70
72
2dmort
People'a Telephone
Cent, ot N. J.— Debent. ... 60
3'i..'..
Southern TeL— l.-»t M.bds. 20
25
Chicago * Can. So
3^1
7
Ctn. W. * Bait.— Pre!
7Hi State of Tenu. — uet't.38, x 66'4'
22 '56' St. Jo. & Grand Isl.— St'k S4y 37 v.
Cout. Cons. Imp. Co
Denv. * Rio ar.—68
Texas A Pac -Scrip 1 884.
46'a
48>2
scrip 1885
30
U. S. Trust certs
130
Denv. * Rio Or.W
15 >« 16 >v Texas A St. Louis- Subs..
4
Kdison Klectrio Light.
200
Tex. A St.L. MAA Dlv
"49"
>g
ot
144
47
Eqult. Oas Co.
N. Y....
160
M. A A. Div., 1st murt..
14
Georgia Pac Stock
Incomes
106=8 106<4
70
1st mort.,6B
Ist mort., in Texas
66
Trust bonds, 68
im
2dmort
Hondersou Bridge— Stock
Keely Motor
Mexican National
Ist mort
M, K. AT.— Income scrip
42 H)
43>,
98
6
3»<
25
61
"26'
65
Mahoning Coal * KR.,l8t
100
N. Y. M. On. Tei.— Stouk. 65
2=8
N. y. W. Bh. <ft B.- Stock.
Receivers' cert
100
Gen. iHt.ld.gr.A iuc.as.p.
lat M.,
orwhen
iMsned..
2d M., or wheu issued..
A O. Cen. com. stock.
Tol.
Prof
V. 8. Klectrio Light
VltksU. A MeriClan
2d mort
Incomes
Weet N. Car.— Con. mort
82
40
24
S9
46
5
47
84
15
86 >4 87
:
.
Jakuabt
THE CHRONICLE.
9, 1886.]
%nv»stnizut
AND
^atlroratt
lutcHifleticjc.
The I.WKSTuiis'Supi'LKMEKT aontaitu a complete exhibit of
Funded Debt of States and Citie.i and of the Stocks and
Bonds of Railroads and other Companies. It is published
on the last Saturday of every other month—tiz., Februnry,
April, June, August, October and December, and is furthe
nuihed without extra charge to all regular subscribers of the
Chronicle. Extra copies are sold to subscribers of the
CaaoNicLi': at 50 ceTtto each, and to others than subscribert
at |1 per copy.
Schenok Avenue; 2,401 feet single track or tiding between
Fulton Ferry and Sobenck Avenue; 4,S83 feet lingTe track ia
yard at East Now York (wooden trestle); 80 locomotives, 90
passenger cars, 2 Hat cars.
The road was only partially 0|)erated during 1885, beginning
on May 1 with the section from York and Washington streets
to Gates Avenue, and including the whole line from Fulton
Ferry to Van Sicklen Avenue only from Dec. 4.
Estimating the expenses for the month of December, the
gross earnings, ojjerating expenses and net earnings from M_y
14, 1885, to December 31, 1885, of the ti-uatees was as follows:
Mar
Eanitngs.
14 to 31. ...$18,670
.Tune
New York New Haven &
«...
August
Meptember
Ootober
November,
December
Ilartrord.
Expenses.
Net.
,«16,431
92.230
8.949
2,265
4.008
8,«79
9.067
7,414
9.048
27,510
31.4.')!)
July
ANNUAL REPORTS.
59
30.355
29.509
34.959
38.696
39.021
43,957
28,091)
2.'»,500
26,280
29,6 i8
32..'.
07
34,011
Oper'ng Ao't.
$88-00
87-44
92-88
88-41
7517
76-86
81-42
77-37
(For the year ending September 30, 1885.)
Grand totals.... $267,530
$219,960
$47,569
$82-21
Aimlysls of gross
report for 1883 haa just been issued, and contains Kroiu paHHengBra...earnings:
$265,509
the following remarks
From advertising
2,020
" During the past ye.ir our company has earned from all
Tot»l
$267,530
sources about $8,500 more than in the year ending September
5,310,186
This increase, though small, justifies the statement Number of passengers carried
80, 18.S4,
Dally average
22,987
that our earnings have increased yearly, tliough not uniformly,
"
The President remarks
From this statement it must be
since 1879. The receipts from passenger business were about
$36,000 in excess of those of the previous year, while the apparent that for some time to come the earnings will not
suffice to pay the current expenses to maintain the road and pay
total receipts from freight business were about $17,000 less
the interest on the bonded indebtedness of the company, which,
than for the previous year." * » *
"The condition of the road is even better this year than is as follows First mortgage bonds, $3,500,003; second mortgage
bonds, $1,250,000; first mortgage bonds, bearing interest
last. The stone ballasting has been completed on the Hartford
division, and will be finished on the New York division from at 6 per cent, second mortgage bonds, bearing interest for the
New llaven down to Housatonio River before the season present at 3 per cent, thus rendering the prospect for earning
any dividend upon the stock, which amounts to .$5,000,000, a
closes this fall." * * •
"The earnings of the Air Line do not yet justify any very distant one, although its officers will be unsalaried durexpense that can be reasonably avoided, but we must build ing the coming year. Despite this somewhat discouraging
a depot, and it is doubtless true economy to build one that showing, the road has been and will be operated in the best
will answer the purpose for a long time to come. It will possible manner, and as much as possible with a view properly
probably be some years before the Air Line will become a to satisfy all reasonable public demands. A recent effort to
source of revenue, in and of itself, though the wisdom of change the schedule so as to somewhat decrease expenses was
taking the lease is fast being vindicated by the logic of events. found to be neither satisfactory to the public nor to ourselves,
"'Four tracking' has progressed slowly during the past and was discontinued as soon as initiated. It is hoped that
year, chiefly for the reasons stated in our report for the by the continuance of proper service the outlying wards
previous year. It is, however, going forward, and the section will so rapidly increase in population as to justify the continufrom New Rochelle junction eastward, now under contract, ation of the present number of trains, or even their increase;
is expected to be ready for use by about the Ist of August
added responsibilitias must be a.ssumed by the board of directnext. And should circumstances continue favorable, it is ors whom you are about to elect, for it will be their duty to
believed that several miles more will be contracted for soon make arrangements for the extension of the road from the
after the section through New Rochelle is completed."
comer of Adams and Fulton streets to the corner of Myrtle
and Orand avenues and thence to Broadway, and from the
OPERATtONS AND FISCAI, RKStTLTS.
comer of Lexington Avenue and Broadway along BroadOperalions—
1881-82.
1882-83.
1883-84.
1851-85.
The annual
:
:
Paascngere carried..
7,079,16S
6.397,385
7,.582,213
7,76"), 575
PasseiiKerniilcaKe.. 185,261,407 196,380,029 206,677,775 208.676,877
Freight (tons) mov'd
1,908,322
2,160.023
2,182,250
2,148,463
Freight (tons) mil'ge 117,459,231 131,051,708 125,743,803 124,168,149
Mamingt—
$
Paasengcr
3.393,514
$
$
$
rente, <kc.
478,437
3,749,473
2,501,623
478,278
3,918,409
2,440,918
527,931
3,945,141
2,423,594
527,089
Total gross cam's.
Operating cxiiensea.
Taxes
5,937,808
3,531,450
6,729.374
4,197,207
0.887,259
264,440
296,1'60
325,515
6,895.821
4,138,271
311,017
3,795,890
2,141,918
63-92
4.493,467
2,235,907
66-77
4,655.044
Freight
2,06.'.,855
HaU,ex.,
Total
Net eamlDgg
P. 0. of op. ex. to ear'e
4,S2<>,.">29
2,23;;,215
67-58
4.449,288
2,446.538
64-52
INCOME ACCOUNT.
1881-82.
188-2-83.
1883-84.
2,141,918
2,235,907
2,232,215
2,0:^0,868
272,227
170.000
423,351
190,485
38,882
422,992
250,052
425,668
250.000
Total
442,227
67.'i.668
1,699,691
1,550,000
652,718
1,583,189
1,550,000
673,044
Sarpltis
1.559,171
1,5.50.000
1,770.868
1,550,000
149,691
33,189
9,171
220,868
Net eamlnsfs
Ditb ursemenlsRentals palil'
Interest on debt.
Other
In tereet....
Dividend chargea...
Balance.
*
1884-85.
Including rents of depots and grounds.
Brooklyn Elevated.
{For the year ending Dec. 31, 1885.)
At the annual meeting of stockholders the result of the
election
.
'
was
as follows:
of Directors— Henry W. Putnam, Henry W. Putnam,
^''••..pd^ard Lauterbach, Frederick Uhlmann, Hugo Roth-
Bowd
schild,
A.
J.
Hardenbergh, Leonard Lewisohn, Adolf Laden-
burg, Elbert Snedeker, Stephen Pettus and Isaac Lewis.
After the election a meeting of the new board was held, at
which President Putnam read his annual report,
in which he
'^
said:
'
"During the past year the construction of the elevated
structure of this company has been proceeded with by the
hiistees elected pursuant to the agreements known as Cash
Subscribers' Agreement No. 1 and Security Holders' Agreement No. 2, appointed by the security holder* of the former
Brooklyn Elevated Railway Company. On the 3l8t day of
December the structure, together with the necessary rolling
stock and all necessary equipments and appurtenances, was
deUvered by the trustees und accepted by the directors as in
fuu conformity with the contract of construction."' The road
and equipment now in possession of the railroad company is
as follows: 6-9 miles double track from Fulton
Ferry to
way
to the foot of Broadway.
" During the time of the operation of the road by the trus-
tees, I am happy to state that no single serious injury to any
one was occasioned by the operation of the road, and that in
every respect the management was so conducted as constantly
to keep the safety of the passengers in view.
" It 18 with much satisfaction that I am enabled to inform
you that the gentlemen who are likely to be elected directors
at to-day's meeting have agreed to lend to the company during
the coming year whatever moneys may be necessary to make
up the difference between the earnings and the expenses, including interest during the coming year, a course which to the
stockholders of the company must be very satisfactory.
" With wishes for the prosperity of the company, and with
the hope that the newly-elected board, which is virtually the
first active board of directors to be elected by the company,
may be enabled fully to protect your interests, I remain,
" Very truly yours,
Henry W. Putnam, President.
" Brooklyn, Jan. 6, 1886."
GENERAL INVESTMENT NEWS.
Atchison Topeka
&
Santa Fe.—This company has issued
circular (No. 57) substantially as follows:
"TothesUicklioUloi-s of the Atchison Topeka
its
& Santa Fe Railroad
Tli« rai)ld KmwtU of the State iit Kansas during the last two
years has rendered de^slrable the construction of new roads In that State.
M) located as to add to the earnings of the company, and at the same
time protect its present property. With thi.s end in view, certain charters have recently been acquired, which are al)OUt to he consolidated
into a single corporation, under the title of the Chicago Kansas & Western Kallroad Company. The new lines which have been determined
upon will run through some of the best and most improving territory in
Kansas, and your directors believe that they will prove self-sustaining
from their conipletlou. and will materiallv strengthen and increase the
business of the Atchison and Southern Kansas systt-ms. The total inllea«e
which It is propiwoil to construct, work upon some of the roails belne
commenced already, is about 450 miles, and the estimated coat,
inolnaing a limite<l amount of
rolling
stock, is $14,000 per
n]ile,
or S6,300,i.OO.
towards whhh local aid to the extent
of $700,000 Ho tpccted to be obtained, leaving $5,600,000 to be provided. The Atchison (.ompany has agreed to construct and equip about
4')Omilesof the roadof the Chicago Kansas A Western Railway Company in consideration of its receiving $14,000 (lermileof that comlian> '8 tlist mortifage bonds and income bonds ai the rate of $7,000 per
mi le, and the full paid-np capital stock of the company to an amount
not exceeding 1110,01)0 per mile, including the Issues to towns und counties for local aid; Its lirst mortgage bonds, limited, .-glLOO i j>er mile,
having forty years to run, interest at the rate of 5 per cent per aimum.
payable half yearly, both interest and priuilpal payable in gold, and
its iucoiiie bonds iimite<l to $7,000 per mile, the yearly Interest or which
Is to be depeudenl on the net revenue of the company, but not to
exceed
6 per cent In any one year and to be non-cninulative. As a f jrther consideration for Ihe Issue of the above securities to the Atohlaon company,
the latter and the Southern Kansas Railway Company agree to operato
Company
:
——
-
.
:
>
——
:
:
THE, PHROI^ICLE.
60
nnder
thenewllnw, which wiUoonnoot with their respectire systemii
pro-ratins oo
tovorable leases, which will provide that, in addition to
yearly
.
suit
[Vol.
bonds, and this apparently indicates a failure of the proposed
plan of adjustment. But no new plan has yet been proposed,
and any random statements of a proposed assessment on the
stock are, to say the least, premature.
The rumor circulated in various newspapers that a syndicate was being formed, with Mr. John H. Inman at its head,
for the purpose of buying the East Teonessee system, is positively denied by Mr. Inman,
iuterchange freight and iiasseiifter business, they will pay over
not exto the Chicago Kausas & Western Railway Company a rebate
such InceedinK 10 per cent in any one year of their gross earnings on Cnte»go.
the
enable
to
necessary
be
as
may
so
1
mg
terchange l.usinefs
Kansas & Wi-stern Railway Company to pay.lhe full rate of interest
„
on Its flrst mortgage and income bonds.
. _
,,, . „,. ^^^
the
The Atchls(in Tnpeka A Santa Fe Railroad Company will hold
of the
capital stock Issued to it as above for Investment and control
and
mortgage
property bnt the dlrecfrs have decided to offer the first
Licome bonds to the stockholders in blocks of $1,000 each. Stockholders
each inu
are entitled to subscribe in the proportion of one block for bjisiness
shares of Atchison stock standiug in their names at close of
stockholders
Jan 15, and may .isslgn their rights. That the smallerone-tenth oi a
niav not be excluded, subscriptions may also be made for
block and for multiples thereof, and bonds will be issued in denomlnaaons of $100, $500, and $1,000.
PR0P08AI-.
_^
" For each $1,000 cash the Atchison Company will deliver $1,000 oi
Wesrthe flrst mortgage 5 per cent gold bonds of the Chicago Kansas & hairto run, interest payable
em Railway Company, having 40 years
Topeka
Atchison
yearly, principal and interest being guaranteed by the
& Santa Fe Railroad Company, $500 of the same company's currency o
percent Income bonds having 40 Tears to run." • * ' [The balance
relates only to terms of payment.]
all
—
;
Green Bay Winona & St. Paul.— The gross and net earnNovember and two months were as follows:
ings for
Novemltr.
1883.
1884.
Gross earnings
$34,422
Operating expenses 22,708
49,123
$7,519
$21,305
$16,118
Net earnings. ...$11,714
—
Houston & Texas Central. The statement of gross and
net earnings and surplus for October and for ten months
from Jan. 1 is as follows
:
October.
1885.
1885.
2.396
$1,603,412
Qrosseamings
605,878
Op. exp., excl tax.
1881.
2,340
$1,461,921
719,239
1885.
1884.
2..^82
^2,336
Int.
construction
$7,211,411
$7,042,937
$742,632
proposal has been made to
E. stock,
Btockholders to pay $6 per share for the old B. H.
provided all of it is turned in. The names of the parties making this offer are kept secret, but it is believed to come
New England parties, and the stock is to
from New York
Trust Company in
be delivered to the American Loan
& Erie.—The
at the annual meet-
6,
increase the capital stock of the road so far as it may be necesBary to purchase the stock and bonds and property and franchises of those railroad corporations which permission has
Chesapeake &
(."hlo.
$42,855
45,265
& Northern.—The statement
November and for eleven months
1885.
Jan. 1 to Xov. 30.—
1885.
18H4.
$2,826,605 $2,508,009
1,970,980
1,733,455
,
1884.
$274,132
167,770
Gross earnings
$313,006
Operating expenses.. 223,144
Net earnings
$39,862
$106,362
$855,625
$774,554
Canadian Pacific, The following are the gross and net
earnings for November and for eleven months:
November.
Jan. X to Nov. 30.
1885.
1884.
1885.
18 -(4.
Gross earnings
$814,065
$640,373
$7,638,557
$5,'228,970
Operating expenses 512,061
395,160
4,654,374
4,208,395
—
.
,
,
13S.y93
$78.h69
28,291
24,168
54,045
$3,229,693
697,043
855,377
1,236,367
253,094
456,388
$371,613
237,412
303,365
301,817
81,!»ri3
&
Messrs. C. L. Brice, Frank C. Hollins and
Clarence Carey were appointed a committee on reorganization.
LonlsTllle & Nashville.-The gross and net earnings, by
months, are as follows
~Oro88 Earnings.1885.
1884.
$1,037,332
$1,060,104
1,077,487
1.117,313
1,146,978
1,145,366
1,26^,340
1,291.714
1,129,022
445,626
Burlington Cedar Rapids
,
$27H,079
71.228
and Treasurer.
$36,010
JTouemfter.
-1334.Qross
ifel
earning*.
tarniims.
—
$2,410
33,600
.
231..'*34
for No-
Lake Erie & Western. At the meeting of Lake Erie
Western, Mr. E. H. R. Lyman was elected President, Alexander M. White, Vice-President, and L. M. Schwann, Secretary
:
of gross and net earnings for
is as follows
$124,710
$87«,«40
$3,047,040
Eliz. Lex. & B. San.
648,735
Kentucky Central..
787,051
Ches. O. & Southw. 1,423,569
been given to lease.
Bradford Eldred & Cuba.— Operations for the year ended
September 30, 1885, resulted as follows
Total deficit
76,173
$341,304
29,545
29,939
53,326
:
Deficit
30,773
$157,531
earning.*.
& Lowell Railroad, the following directors Chesapeake & Ohio.
68.294
were elected Edwm Moray, T. Jefferson Coolidge, Frederick Eliz. Lex. & B. San.
Kentucky
76,639
E. Clarke, Channing Clapp, William P. Maxon, A. Cochrane Ches. O. & Central..
Southw.
151,546
and William A. Haskell. The directors were authorized to
Jan. 1 to Nov. 30—
Interest on fund, debt
$200,883
$372,077
-1885.Oross
Net
earnings,
$284.6tjO
$79,507
November—
ing of the Boston
Gross earnings
Operating expenses (Including taxes)
S
$157,531
12,729
$349,690
Boston.
Boston, Jan.
(
Huntington System,— The gross and net earnings
vember and for eleven months were as follows:
&
& Lowell.— At
1894.
$2,060,575
1,317,982
,fi,Q,.>l
"^'O -»'!'>''{
541,708
:
In 1883 the gross earnings for the ten months were $2,595,664; net earnings, $1,150,959; deducting renewals and betterments, $651,432, and interest on floating debt, $56,783, leaves
a surplus of $442,743. '
&
&
1 to Oct. 31,-
on floating debt, and
equipment and
Surplus
$997,533
Net earnings...
Boston Hartford
Boston
48,267
Jan.
.
1885.
$2,00.>,232
new
$15/)56,800
7.845,389
$14,318,021
7,273,083
.
1884.
$3i8,497
142,699
.
Miles of road oper'd
—
Nov. 30.
1884.
$61,799
45,681
$461,538
Santa Fe and Southern Kansas,—The Gross earnings
Operating
\^>n^^laS
statement of earnings and expenses for November and for Renewals*expenses
betterm'ts i ^" •^'^^ \
eleven months is as follows:
Net earnings
$261,419
^11 mot., Jan.l to ifov-30—<
November.
,
to
$70,428
&
Atchison Topeka
-2 mos. Oct. 1
1883.
.
$31,583
24,064
,
July
August
September
October
November
Total lor 5 mos...
$5,673,159
~Nel Earnlngt.1885.
1884.
$361,444 $435,234
400,452
482,982
464,484
477,681
514,084
592,903
522,607
1,199,596
$2,970.060.$2,5ll,407
$5,060,123
During the five months in 1885, $128,293 were spent
struction, and not deducted here from net.
in con-
Louisville New Orleans &, Texas.— The earnings and expenses for November, 1885, and from October 1 to November
30, 1885, were as below:
Oct. 1 to
Net earnings.... $302,004
$245,213
$2,984,183
$1,020,575
Chicago Burlington & Quincy.—The gross and net eammgs
November and for eleven months were as below:
November
$208,566
Gross earnings
Operating expenses
Nov. 30.
104,856
$368,288
201,896
$103,710
$166,390
for
November.
1884.
$2,318,053 $2,233,891
1,068,963
1,088,845
.
>
Jan.
.
1885.
Gross earnings
Oper. expenses
....
18S5.
1 to
Nov. 30.
1884.
STet earnings
,
$24,226,450 $23,423 314
12,860,016
12,056 228
Het earnings... $1,249,090 $1,145,046 $11,366,434 $11,367,086
Denver & Rio Grande.— Mr. Coppell, Chairman of the Denver & Rio Grande reorganization committee has just returned
from London where he has held conferences with the. London
and Amsterdam committees. He states that all details of
reorganization have been settled. The deposits of securities
at the disposal of the committee are .$19,200,000 consols
$2,073,000 general mortgages and $34,000,000 stock, upon which
the assessment of |6 per share has been paid. This practically
assures the success of the reorganization.
Memphis & Charleston. —The
November and
gross and net earnings for
months from July 1 have been
for five
:
'-
Oross earnings
Operating expenses
Net earnings
November,
Nov. 30.^
1884.
1885.
1884.
^-July 1
1835.
$150,961
S4,571
$142,185
121,813
$569,591
378,730
$598,948
436,801
$66,390
$20,372
$190,861
$162,147
.
—
Mexican Central. The gross and net earnings
ber and for eleven months were as follows
to
for
Novem-
:
Denver & Rio Grande.— The statement for November and
for eleven months from Jan. 1 to Nov. 30 shows as follows
:
November.
188.''.
1884.
$462,458 $572,983
310,.532
358.013
.
Gross earnings
Operating expenses
.
Jan
1 to Nov.
30
,
1384.
$5,130,745
3,447,306
1S85.
$3,614,875
a.628,243
$1,683,379
$1,988,632
59,31i
Net earnings
$151,926
Miscellaneous receipts.
$214,971
7,257
Total receipts.
Current charges. .
$222,228
215,233
$i,04 5,944
$6,995
$1,582,397
account Nov, 30 1885 '
Balanoe, surplus..
The net balance
was 12,253,867.
to credit of
income
491,547
,
Orosseamlngs
November.
1885.
1884.
,
Operating expenses
$312,481
157,889
Netearnlngs
$154,592 $134,064
$285,128
151,064
Jan. 1 to Nos. 30.—.
1885.
1S84.
$3,212,778 $2,690,385
2,257,534
1,860,029
.
$1,352,749
$132,861
New York
Chicago & St. Louis.-The committee of the
first mortgage bondholders of this company give notice that
$8,809,000 out of the entire issue of $15,000,000 bonds having
been deposited with the Central Trust Company subject to
the terms of the agreement of Nov. 21, all bondholders wlio-
may
desire to participate in the benefits of said agreement,
to
and who have not yet deposited their bonds, are requested
do so on or before the 10th inst.
New York Lake Erie & Western.—The statement of gross
and net earnings for two months of the current fiscal year
is given below, by months, and the gross earnings include 6S
per cent of the earnings of the New York Pennsylvania &
Tennessee Yirginia & Georgla.-This company Ohio, leased line, the other 32 per cent
of the earnings of that
failed to pay the interest due Jan, 1 on its new funded
coupon line being paid as rental.
The net earnings are correct as
East
>
-r
I
™
:
January
:
——
.
:
.
.
:
,
BiARfciNlCLE.
'irai?^
1888.]
9,
,
61
=5n
showiiiK the actual results to the ,Nevr York Lake Erie
Western Company.
—
-»
(JroM Earning*.
)»84.
*l.H67.8ft7
1,703,338
1,912.»20
,
Ktl
188«.
1
188^.
$1,!)80,048
October
November
e3,S71,193
Total two luontbs. $3. '493,174
New York & New England.—The
for the fiscal years 1881-85
follows:
and
309,74;!
•501,155
November
188*.
9627.812
487, H25
$1,284,384
$1,115,667
$174,014
net
$284,908
earnings for November and for eleven months are given below:
Kotember.
,
Net eamloKS
—Jan.
1885.
—
Xoe, 30
1884.
to
1
.
188.^^.
1P84.
$97,344
47,654
$97,27.'5
46.679
537.146
$946,5^4
554,023
$49,690
$50,596
$468,803
$392,'501
$1,00.^.949
—
Norfolk & Western. The Roanoke Machine Works, owned
by this company, have just secured a contract for TiOO 20-ton
freight cars (400 box and 100 flat) for the New York New
Haven & Hartford Railroad Company, delivery to commence
in February. This contract was secured in competition with
of 20 other car-builders better located as regards distance, with one exception. The quality and economy of Virginia car work are sufficiently demonstrated by this order.
Ohio & Mississippi. The gross and net earnings for November and for eleven months to November 30, were as follows
upwards
—
.
Grosseamlngs
Kovember.
1884.
1885.
Neteamlnes
30
Jan.
1 to Nov.
188.^.
.
.
1884.
$276,033
211,132
$3,366,711
2,426,857
$3,419,'i83
216,436
$35,525
$64,901
$939,854
$733,219
ex-
$30l.i'61
OperatluK expenses....
2,686,664
Oregon Railway & Narigation.—The earnings and
penses for December have been
.
1885.
1884.
Gross earnlnjis
Operating expenses
$252,000
244,400
Net earnings
$204,900
7,600
Pennsylvania Schuylkill Valley.— The stockholders of
this company have authorized the increase of the mortgage indebtedness of the company, now $4,500,000, to 110,000,000.
The new mortgage is to be five per cent thirty-year bonds,
guaranteed by the Pennsylvania Railroad. The lease of the
Schuylkill Valley Road to the Pennsylvania Railroad was
approved.
Philadelphia & Reading.—The result of the joint operations of the Philadelphia
Reading Railroad and Coal
Iron
Company in the month of November (including Central of
New Jersey Railroad, leased), was an increase of $72,489 in
gross earnings and an increase of $318,839 in net, compared
&
&
with November,
1884.
For the fiRcal year 1884-85 there
decrea-ie in gross earnings of $2,806,883, and a decrease
in net of $890,305, compared with the fiscal year 1883-84.
was a
.
1
to
May
4,715,936
4.272,199
$44,643,966
$47,450,844
Jane
3,748,389
4,005,882
4,358,638
August
September
4,554.60:2
October
November
Total year
result of the
given below
.
$21,448,560
3.232,121
4,201,475
5,247,755
4.451,059
4.670,164
4,199,710
July
The
droit Reeeipls.
1834-85.
1883-94.
31. $18,998,320
!fet Recttpt».
.
1883-84.
$5,072,391
870,441
1,264.496
1,928,879
1,302,152
1.343.260
1,737,581
$12,628,897 $13,&19,202
1893-84.
$13,519, 202
1884-85.
$12,628,897
Debit balance renewal fund
Debit balniioe protlt and loss
$
all outstaudliig obllgationa, and tloating debt.
For the Coal and Iron Co.:
Interest on all out«tandlug obligations
82,430
18,898
$12,208
38,237
42,222
16,184,453
15,609,500
910,997
1.142,286
Total
$17,226,778
companies
$16,874,453
$3,355,251
^,597,881
Rome Watertown & Ogdensbnrg. — Earnings and
November and
below
for
two months
expenses
of the fiscal year
w«re as
:
Ifov.
.
,
.
Oct. 1 to
—
Nov. 30
1884.
1985.
Gross eaminga
Oi>eratlng expenses
1884.
1885.
$167,835
101,178
$158,465
95,327
$350,081
205,707
$332,728
200,486
Net earnings
«<i6,657
$61,138
$144,373
$132,241
1885.
Netearnings
$214,347
;
Missouri Pacific for a mere song. Of $33,000,000 new stock,
$16,600,000 would be a clear majority, and at 15 cents on the
dollar this would place the complete control in the hands of
Mr. Jay Gould for $2,490,000, of which $1,700,000 would be
already provided in the shape of the present mysterious Missouri Pacific claim for that amount.
Fiom the 1st of October, 1885, the Texas
Pacific entered
upon a vastly better period; why are not the earnings for the
last three months of 1885 made public ?
The other railroads in Texas that report their earnings are doing wonderfully well.
The completion of the transfer across the Mississippi River
at Vicksburg was only completed in December, 1865, and
opened up for the first time the important through route in a
line almost direct from El Paso to Atlanta, Chattanooga, Cincinnati, &c.
There is little doubt that the Texas
Pacific is
in a better position to-day than ever before, and while it is
true that forbearance for a while may be necessary on the
part of the bondholders, and a moderate amount of
new capital is required to put the road in condition, the value of the property as a whole was never so
certain as it is at present, and the attempt is made to get possession of it by depressing the stock, by running up a floating
debt and getting receivers appointed, by circulating constant
reports of the worthlessness of the property, and by other
methods to shake out holders of stock and bonds, only because
the road has a future value that cannot be doubted.
If the stockholders wish to protect themselves and do better
than take 5 cents on a dollar for their stock, they should act
quickly and act in harmony with the bondholders, not
in opposition to them. An assessment even as large as
10 per cent on the present stock would be far cheaper than to
practically throw it away for nothing and at the same time
lose control of the property.
&
&
—
Union Pacific. The statement for November and the ek ven
months ending Nov. 30 is as below
November.
1885.
1884.
1984.
18-5.
$271,535
221,721
$3,865 dcf.$2,l29
$49,814
1834.
$201.?.36
»
Gross eanilngs
$2,429,279
Operat'x expenses. 1,410,576
$2,414,237
1.213,592
Netearnings... $1,018,703
$1,200,643
—Land
sales for
December and
Jan. 1 to Nov. 30.
1885.
1884.
$23,576,685 $23,337,701
14,739,357
13,639.767
.
.
$8,837,328
$9,697,938
for the years 1885
and 1884
were as follows:
-1885.-
December.
1884.
Proceeds.
Aerea.
Union Division
Kansaa Division..
52 741
$.^6,3 18
31,133
160,346
83.874
81,546
$216,664
83,098
1895.
.
Acres.
Proceeds.
$172,941
126,810
168,420
$299,751
.
Proceeds.
.
A cres.
140,207
28,213
Acres,
-1884.Proceeds.
745.744
711,960
$1,228,588
2,908,425
4,348,202
$6.6<l.S,796
475,008
2,002,602
1,457,704
TOttfi
Decrease In 1885. 3,365,C06
$1,137,013
$4,469,385
4,823,210
$8,606,398
.
$18,182
20,311
Gross earnings
$21,823
Operating expenses... 17,958
92<,633
There has tieen much parade made of the Philadelphia interest in the property, but to those who have observed
the methods practiced with other roads, the hand of Uould
Seems clearly discernible in the Texas & Pacific operations, and
it appears like a determined effort to get control of the
property for a merely nominal consideration.
The latest
move was the industrious circulation in Wall Street on Thursday of a "proposed plan of reorganization" (without any
suthority for it), by which $33,000,000 new stock would be
isstied, of which one share would be given for three shares of
old ^stock, and the balance of $22,000,000 sold for 15 cents on
the dollar. This would make the present stock worth 5. and
thfe rumored plan had its desired effect, and knocked down
the price of Texas & Pacific to \l]4.
The Texas & Pacitic property is prospectively one of the most
valuable in the country, and consists of 1,395 miles of railroad
absolutely owned, and 92 miles jointly owned, together with the
equipment. The bonded debt is about $33,800,000, not including
the land incomes or new terminal bonds the stock is $32,000,0(X), and the floating debt, according to the recent report of
the special committee of managers, is $1,130,000. The same
committee carefully estimates that $4,000,000 will put the
whole road in such good condition that it can be operated for
35 per cent of the gross earnings, against 87 per cent in the
unfortunate year 1884.
The receivers were appointed in a suit brought by the Missouri Pacific against the Texas & Pacific
and if the present
security-holders do not organize to protect themselves, they
will find the whole property dropping into the hands of the
—
.
$197,161
16.888
FociQc.
Total
Sonora. The gross and net earnings in November and from Decrease
In 18S5..
January 1 to November 30, eleven months, were as below (in
Mexican currency]
Tear.
Kotember
Jan. 1 to Xov. 30—^ Union Division...
.
30
»23'(.70»
3,694
betterijueuts.
.
other than those held by the RR. Co. .
for
is
:
State tax on capital Htock
All rentals and full Interexc on
Deficit of both
.
1884-85.
$4,568,645
863,865
1,123,747
1,436.401
1,225.652
1,354.165
2,056,420
company's operations for the two years
Net earnings as above
Deduct—
For the Railroad Tompany:
1. (o .Vo».
;
Decern ber.
/
$487.9ro
283,000
Dec.
BeuenaU and
Jan.
$21,9.t9
.
New York Susquehanna & Western.— Gross and
Gross eamlntrs
Operatiug expenses
Xortmher.
$35,211
Gross rarnlngH
Opm-athit; exit^nws
$9,578
and not earfiings Net eaminga
$24,363
by months, iure aa
Texas & Pad lie.— The stock and bond holders of this railNtt Earnings—^ road phould organize immediately for their own protection,
unless they are willing to see their rights trampled upon, and
188^.
18M4.
$irir.,725
$10S,710 the control of the property put entirely beyond their reach in
129.133
68,304 tljo hands of Mr.
Jay (lould, or his alter ego, the Missouri
.
Total two months. $6 19,708
0«ta)M>r
Kamiumi.——^
9U74,410
609.974
1885-SO,
18^4.
*30(i,734
254. »21
1885.
$33!>,»6.5
Texa* Central.— The grofn and net earnings for November,
1, were as follows:
muS, and for eleven months from Jan.
gross
OroH Earnings
.
A
Kansas Division..
239.230
def.
$37,694
;
THE CHRONICLE.
62
Friday, P. M., January 8, 1888.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Jan. 8), the total receipts have reached 165,006
bales, against 196,860 bales last week, 308,981 bales the previciua
The Movement op the Cbop.
COMMERCIAL EPITOME.
Friday Night, Jan. 8, 1886.
of
the dull peason in trade circles, but the position
mucantile affairs is quite generally declared to be fairly
legitfavorable to a good year's buoiness. Prices are low, the
power
imate wants of the country are large, the purchasing
conservative
of the people increases, and credits are within
decline in silver at London, and an advance in sterlimits.
influences
ling exchange here, on Wednesday were disturbing
The silver question has been
speculative circles.
in
it is very
b' ought before Congress in a variety of bills, but
taken. The
diificult to foreshadow what action will ba
weather has turned severely cold in all latitudes, but it was
preceded by excessive rains, causing floods which did much
week and 338,011 bales three weeks since; making the total
receipts since the 1st of September, 1885, 3,759,614 bales, againrt
3,835,510 bales for the same period of 1881-85, showing a
decrease since September 1, 1885, of 65,866 bales.
SI ill
Receipts
A
damage in many sections.
The following is a statement of the stocks of leading
of domestic and foreign merchandise at datea given
1886.
tea.
1,857
430
._-.
....
....
articles
Cliarleston
2,800
1,274
542
830
519
....
....
....
714
460
98
233
146
1885.
Jan. 1.
Ft. Koyal, &o.
Wilmington....
Moreli'd C.,&c
Norfolk
.•>.
....
....
4,413
3,031
3,327
1,298
We8tPolnt,&c
1,545
530
3,209
845
422
317
859
748
1,028
3,107
1,136
1,275
622
45
IT!
1,487
181
721
139
87
bales.
bbls.
bbls.
bbls.
bags.
10,.'i50
and tcs.
1,200
20.000
12,800
57,000
11,910
17,505
10,900
1,7C0
bhds.
Molasses, foreign
Molasses, domestic
bbls.
No.
Hides
Cotton
Kosin
Bpirlts turpentine
Tar
Rice, B.I
Bice, domestic
bbls.
bags.
bags.
Linseed
Saltpetre
Jute butts
bales.
bales.
bales.
Kanilahemp
eisalliemp
3,140
1,70.^
J, 130
1,291
1.20n
20,'i00
12,350
60,000
9.676
19,704
liusins easier at
ths close
$1@$1
05 for
common
to
and
rates are ucsettled.
ThU
Week.
aalveston
...
920
New Orleans.
MobUe
Florida
Savannah
Br'8W'k,&o.
Charleston...
Pt.Royal.&c
Wilmington..
M'headC&c
Norfolk
W.Polnt,&o.
New York...
Boston
Baltimore
. .
Phlladel'a,4o
554,355
781
••• ..
•
61,733 1,201,450
12,083 169,411
1,847
36,846
16,431
605.288
805
12,453
6,601
384.803
212
9,020
1,314
78,380
287
4.476
14.144 380,372
8,915 192,924
3,551
36,076
12.550
48,324
4.159
25,593
4,314
19.087
Stock.
1
ThU
Since Sep.
Week.
1, 1884.
Since Sep.
1, 1885.
15,530
Ind'nola,ibo
1885.
1886.
400,973
9,984
83,368
37,856
50,418 1,159,377
9,214 189,242
55,237
1,291
15,770 628,300
26
8,767
5,458 447,037
4,758
57
85,534
2,335
8,552
250
13,982 453,836
247,331
6,239
29,061
6,202
67,880
2,794
15,849
6,127
23,742
2,868
396,368
56,952
2
90,433
414,377
53,935
5,226
76,848
98,950
133
10,414
44,192
51,060
10,318
248,623
6,310
33,319
18,186
51.278
4,423
239,097
6,310
21,353
12,232
11,728
235
235
471
11,704
979,537
165,006 3,7.59,614 133,994 3,825,510 1,104,466
Total
Note.— 11,5 73
bales added ;«8 correction lo receipts prior
Deoem
;o
berJl iQ 1885
In order tllat comparison nlay be made with other y aara,
give below t he totals at leadi ng ports for six seasons.
Beceiptt
M—
1886.
1885.
1884.
10,60()
3,25(i
I7.34i*
2,86
23,54:i
8,654
29,533
3,933
12,173
8,818
4,858
11,259
9,914
25,696
23,186
30,565
8,628
20,276
10,5 lO
2,452
13,671
4,803
15,513
175,33!!
114,868
129,604
27,19()
AU others....
12,08:!
16,43
6,84Ct
2,10)I
14,144I
8,91!)
27,22(i
11,314
33,098
2,955
7,514
6,173
1,183
8,976
1,604
13,428
thU w'k.
165,00(5
133,994
90,245
Savannah
t/harl'st'n,
Ac
Wllm'gt'n,*o
Norfolk
W. Point, &c.
Tot.
15,53C>
61,73.'1
we
1881.
1882.
1883.
11.963
50,418
9,214
15,770
5,515
2,635
13,982
6,239
18,308
GalTeet'n,&o.
New Orleans.
Mobile
68,36^1I
9,41f>
12,79-r
Slnoe Bept. 1. 3759,61^13S25.510 3647,207 3861,84 3500,416 3694,438
Galveston includes Indinuola; Charleston includes Port Royal, Ac.;
Wilmington includes Moieh'd City,&c. West Point Includes City Point,«feo.
The exports for the week ending this evening reach a lotal
of 166,308 bales, of which 91,849 were to Great Britain, 18,753
to France and 55,606 to the rest of the Continent. Below are
the exports for the week and since September 1, 1885.
Week BniUng Jan.
Exported to—
BxpoTti
Great
fronir—
Contt-
mm
8.
Ibtal
1, 1885. to Jtm.
Exported to—
Sept.
Qreal
4.910
30.321
17,753
nmt.
&,3&4
10,164
1?3,171
13,816
"51,498
13,010
61,081
347,401 no,9-;6
10,621
285,111
2*.799l 35,261
83.432
6,200
62,609 17,847
87.051
12?,S70
20,995
199.319
65,066
62,650
1.635
20,176
212.601
Mobile
8,
1888.
Oonti-
Britain. 'Vonc*
OalTeston...
New Orleans..
"Wal.
246,479
753.487
10,621
norlda
Sa7aaaah
....
Oharlealon
...
9,611
18.89H
Total
'
3,923
West Point...
New York....
Phila<lelp'a,&c
good strained.
7,
WllmluKton..
Norfolk
Boston
Baltimore...
shipments were quite active early in the week, but
is clull
1884-85.
1885-S6.
Seceiptt to
;
Gram
287
1,216
4,625
,
:
MMy.
242
1,814
165,006
The
;
6,601
Includes Friday, January 1.
For companson, we give the following table showing the week's
total receipts, the total since Sept. 1 , 1 885 and the stock to-night,
and the same items for the corresponding periods of last year.
5,548
37,221
Continent.
There has been more general business in pork, at rather
better prices, closing at $8 35@$9 35 for extra prime, $10@
flO 50 for mess, $10 75@ $11 35 for family, $12@$13 50 for clear.
Pickled bellies have been active, and close a fraction dearer
*t 4%@5J4[c.; other cut meats are firm ; pickled hams 8@8i^c.
and shoulders 458@4^c. smoked hams 9J^@]0c. and smoked
shoulders .');^8@.5%ic. Beef is steady at $10 for extra mess per
bbl. and $17@$30 for India mess per tierce.
Beet hams are
quiet at $16 50@$16 75 per bbl. Tallow closes lower at 4J^c.,
with more doing. Stearine is firm at 6%@6J^c. Butter is
lower at 33@34c, for creamery.
Cheese has been firm at
6@10J^c. for State factory.
Rio coffee on the spot has continued dull and nominal at
8M@8J8C. for fair cargoes, but in mild grades there has continued to be a fair demsnd, which has been readily met by
importers. The speculation in Rio options was further depressed early in the week, but there was some recovery
to-day there is fresh depression, and the close this afternoon
was with sellers at 6 65c. for January, 6-70c. for March, 6'80c.
fur May, 6 95c. for October and 7c. for December. Raw sugars
have bten dull and weak, and close nominal at 5}4@o^^c. for
fair to good refining, with refined somewhat unsettled.
We
note shipments of sugar to Glasgow.
Kentucky tobacco quiet and unchanged; sales for the week
200 hhds., cf which 150 foi export. Seed leaf has been in fair
demand, and sales of 1,050 cases are reported as follows
250 cases 1884 crop. Pennsylvanii Havana seed, 9@13o.;
100 Cases 1884 crop, Pennsylvania seed leaf, private terms;
160 casts 1883 crop, Prnnsylvania seed leaf, 9@llc.; 50 cases
1881 crop, Pennsylvania seed leaf, 83.^@10c.; 100 cases 1884
crop, Wisconsin Havana seed, pi ivate terms; 100 cases 1884
crop, St ue Havana seed, 9@llc.; 150 oases 1884 crop. New
Enirland Havana seed, 13@25c.. and 150 cases 1884 crop. Little Dutch, 13o
also 350 bales Havana fillers, 60c.@$l 05, and
200 bales Sumatra, $1 35@$1 60.
Crude petroleum certificates have been the object of a very
heavy speculation, growing out of conflicting well news and a
large revival of the export movement, but the market to-day
was depressed in tbe"later dealings, closing this afternoon at
88@88i^c.; crude in bbls. quoted at 65^@7i^o.; refined in bbls.
at 1^4o. and in cases 8;g@10o.; naphtha, 7J^(a8c. The speculation in spirits turpentine has been dull, and closes at 38c. on
the spot, with 37»^c. bid and 39c. asked for February, 37Uc.
bid and 40c. asked for March, and 36i^c. bid and 37c. asked for
805
375
636
242
163
287
Totals this week 39,321 24,844 31,730 14,40l| 20,516 34,194
2,500
12,500
ll.SOO
53.400
speculation in lard for future delivery has continued
quite active during the week under review, but prices lets
buoyant, closing easier this afternoon at 6'lOc. for January,
6'43c. for February, 6'49c. for March and 6-54c. for April.
Lard on the spot was also active, and though becoming
<juietpr, the close is steady at 6-30@6-35c. for prime city,
6-40@6-4.5c. for prime Western and 6'70c. for refined for the
1,817
16,431
3,865
4,159
1,699
New York
31 ,000
109,500
148,378
28,197
1,538
14,144
8.915
3,551
12,550
4,159
4,314
Boston .........
Baltimore
PMladelp'a, Ac.
2,100
1,043,127
None.
441
2,500
194,700
213,033
SO,073
2,831
8.000
....
1,879
23.098
19,630
47,074
204,468
89.045
91,983
129
61.733
12,083
3,476
19,777
35,764
47,891
272,468
66,758
82,021
30,341
None.
592,048
blid».
8,910
1,764
1.817
1,908
5,773
39,046
30,405
49,488
363,022
54,279
118,304
19,094
5,420
599,401
129
2,773
10,000
168,700
226,481
28,970
3,368
1,708
boxes.
15,530
Savannali
Brunsw'k, 4o.
2W9
bag8,&c.
....
951
5,726
lilids.
....
Florida
490
bags.
bags.
mats.
Totat.
1,518
234
Uoblle
26,104
Coffee, other
Coffee, Java, ifco
1,927
2,891 13,164
542
lilids.
1,877
7,771 19,360
1,852
2,281
25,971
bales.
FH.
1,050
Thurt.
Wed.
Tues.
4,786
4,342
9,607
5,001
I)ljl8.
tcs.
BuKHr
eugar
Bugar
Melado
1885.
Dec. 1.
Mon.
Sal.'
Indlauula, dee.
New Orleans...
and bWs.
fork.
Beef
Lard
Tobacco, domestic
Tobacco, foreign
Coffee, Elo
X.
at—
Galveston
:
Jan.
[Vol. XI .it.
COTTON.
T^r ODomincrctal %xmts.
It is
.
1.150
5,078
2.eso
2,250
4,156
24,052
9.641
700
700
1,000
8.092
8.00)i
6,601
1.303
9I,8«9
"rota' 1884.85 10!.B05
1,987
8,588
1,303
65.606 166,208 1.195.661 231.162
120,507
14.139
12,750
100,0.-)1
634
9,720
1,801
302.233
200,363
52,000
127,S«I
33,745
320,550
65,700
64,005
21,977
761.806 248S,«a9
20.270 139.180 l.4'!7.2«7 257.785 ~728.07
2.4B3.10
.
.
Januaby
THE CHRONICLK
9, 1S80.]
In addition to above expons, our telep^ramB to-night also (five
us the foll()\vin< amounts of cotton on shipboard, not cleared,
tht> (K>rta named.
Wo add similar flgurea for New York,
which are prepared for our special use by Meesrs. Carey, Yale
ft Lambert. »U Broad Street.
ftt
Thb Sales and Pbiobs of Futdres are shown by
Olher
Oreat
fyance. Foreign
Srilain.
Hew Orleans
44,625
15.300
Mobllo
Obarleston
•Twinuh
3,500
15,0.0
15,861
3,200
6,uO0
QalredtoD
ITorfolk
New
York
Otberiwrta
22„355
None.
12,B50
4,300
6.O00
1,537
4,250
2,000
29,557
None.
Nono.
l.HOO
1,335
None.
7,«J0O
200
None.
OoaiU
oloeinK bids, in addition to the daily
ttie
m im
91
wite.
2,888
3,700
2,000
2,SO0
9,003
1,389
None.
99,425
19,000
22,250
12,400
31.335
18,790
29C.^'43
7,6.^0
None.
8,000
240.073
70.712
ftp.
•
37 ,'..52
7li,7l.O
44
7t;.033
52,o:i3
32,'^70
II
OiCJ^
:
Total 1886.
111,089
32,892
53,092
21,777
218,8 :o
885,616
151,131
141,018
34,527
39,871
51,378
19,035
9,9J3
245,164
227,501
734.373
963,104
2.»,-.:02
There has been a variable and unsettled speculation, during
the past week in cotton for future delivery at this market.
The reduced receipts at the ports caused soma revival of confidence among the " bull " party, but the large accumulation
of stocks, especially at the Southern interior towns, was an
element of weakness whose influence was predominant, and
in the course of Tuesday and Wednesday a material decline
took place, the more distant deliveries touching the lowest
figures of the season. Yesterday an early adv ance on a
better Liverpool report received no support, and wa.
lost in the later dealings, and
the Southern
market g
were flat.
To-day the market was very unsettled.
An early advance, on better foreign advices, was
loBt, then another advance set in, on the reduced movement of
the crop, and especially the smaller receipts at interior towns.
C!otton on the spot was marked up l-16c. on Monday and
down l-lOc. on Wednesday. Business under both changes
continued dull.
The market to-day was quiet and prices
nominally unchanged at 9 3-16c. for middling uplands.
•tr
„
CO
UPLANDS.
atrlotOrd
Good Ord
Bta-.O'dOrd
I<ow Hldd'g
man Tne*
OoO-
613,8
613,8
T4
613,8
7%
T*
83,8
8=8
TsL"
6»8
83,8
8»8
9
9
'•
Bto.L'wMld
S,
Hlddling.
Ckiod Mid
9>4
9»8
a'd Mid
lUdd'KFatr
Fair
9''8
Btr.
1014
87,g
8lSi«
Ordln'v.«l>
BMotOrd..
eood Ord..
Btr. G'd Ord
69,9
8»«
69,8
Fri.
6»,8
Wed. Tb.
6%
73,8
f"e
89|8
838
lot, Mlrtirg
8%
Btr.L'w Mid
Middling...
Good Mid..
8%
8%
9
9
9
01
tf-CP
I*w
Middling
MMdUng....!
8»,8
Tb.
Frt.
63,
8>8
l>
8%
89k
8»,8
93,8
93g
938
9%
107,0
ll'ie
73,8
8i«
8»18
9%
9%
8>8
69,8
IsitoOto
5
(eto
COtO
— O^
coco
coco
««:
5
coco
COCOo»
coeiOco
9%
9%
00
1038
10
1038
11
11
mon Tnea Wed Tb.
7%
day.
7'h8 7",8
^
coco
5
iBlf'
2
CCCOoCD
811 18
811,
»=?
1
nan Dull but 8t«ady
Fn.
.
Quiet and
SotaL
The
Arm
.
.
......
...
25
800
....
....
Hoi iday.
611
188
157
428
228
325 1,610
dally
Fr«Tloaa u>
'".'.'..
cft
ep:
I
cocoqco
C0§CB
«Oc>
I
5'
ccco
ceo
*>
«co
5
coco
I
610:
COCDoCO
t
c0p:
I
CO
COCOo«D
COCOo^
COCDoCO
C^CXOcii
coo
g.
cp-o
«C0
09
oi ^
2
I
coco
ci<»
9?>:
CDCOqCO
coo
a:
coo
5
2
-J-4
oa
I
^co
o
^to
I
»j^:
CO CO
I
I
2
•<
^
M-j
2
M <I O d
CCCD
^
ceo
*<
CO
K CO
<"
coco
ccob
!5
I
coeoco
COXoCO
c«
tfc.M
V
»"»
CO 00
cocu
a>
coco
<xcb
;
d
coco
QCQO
CDCDo®
coco ^Ori
'
V
ccOuo
Oi-
^1
00
"*
NO
15^
9
•i
coco
GD'X
ODOO
5
<c»
ft
coco
Q»u:
««:
I
».";
M O
-•to
cpcoo^ CCCOo^ CCCDo® CCOo^
OCDCCO
obolOcb
CS
CO
o
Ci-
;
O:
I
o
o
I
QcobOob
C£|^_IO
I
at
«
CPoOcb
eoOix
coo
"9?
cJ-co
ceo
'
OltO
.
01
I
9
U
5^
<0(O
2
''
ci^
:
ceccoco
cccoo^o
CCCX)
MOD
*>
COQD
'
o«
coco
5
i*ki*^
2
N
coot
I
oco
o
:
o
rti
.1
10
O'Oi
CO
I
o
CCCOc®
OCJ
I
CX)
<
I
i
en
5
o"
CO
I
8
•*
'
«
_:
coeoo'-o
Ofe
I
OI
>C
a>a*
o*,
o»
Delittrit*.
1,700
1,100
2,600
900
1,000
7,300
deUvenea given above are aotoally delivered the day
tliat on wlilou tUey are reported.
I
I*:
:.
I:
I
I
I
I
I
I
I
I
I:
I
^
<
4
I
I
I
la:
l«
I
S
I
IS
10
83^
FtrrtTKER,
1,935 439,600
o
**
>
8°g
88,900
96,300
91,600
74,300
2
050:
COCOqCO
O «j
ob
2
*<
COCOoCO
obobOob
««-;
CO
5
KM
MOD
«.-^:
CDCCoCO
-*ixOm
COCO
9»;
CDCOo^O
ccco
CM
coo
-
I
1
COM
9^:
ij
«,":
~
ccccSco
o CO
coco
I
7''8
Sola.
IJ
CDCO(Q*<
638
"i'ii "88,506
213
457
428
226
....
COqCO
^cn
COOJm"
»p:
Frl.
'
at..
Hon. Qt*st'y,l,8 adv
XMa. Dull
Wad. Quiet at 1,8 dec.
I
OJMKl''
The total sales and future deliveries each day during the
week are indicated in the following statement. For the con enience of the reader we also add a column which shows at a
i^anoe how the market closed on same days.
Oon- Spee-'TranTotal.
port. tump\ui'fn\ tit.
5^
CitOi
i
Sx-
-J
cpco
'
1^
I
HAUtS OF SPOT AST) TBAKSrr.
QL'M
^
2
OO^M^
coco
('Hi
I
MOD
KABKBT AND SALES.
SPOT MARKET
OLOSKB.
coco§co
M
6w;
I
COO'S
^CD
It.
tCMHi^
8r:
7'«
7^8
8=8
CO
coco
CO
MOD
**• 2
^lyiM^
».*-:
I
Coti.O|fc
9%
10
1038
11
Holi-
J
o
CO
I
CDCOoCO
CO
co<e
coco
COCO-
938
10
63|8
KlCO^to
CCCOg'.0
&p;
o:CdM^
«w:
o»c«
M
ifeiii
I
00
^
I
O*.
OOm^2 mOm^
CpOt
a
OSM
CO
9w.
I
Ci3
toOoo
'
f
<e<3
u
9
I
>
teto
icio
050.'
to
(OO
8",e
s, '«
93i«
103e
67,8
I
tC!0§tO
6%
10
11
cooto
ci*to
tOiO
C'
I
'T'
9
914
97l«
913,8
101,8
107,8
11>18
6%
73,,
10
1038
11
^Ib,
Btilot 0<HHl Ordinary
6%
?>
938
Sat.
Good Ordinary
6%
815,8
939
93|8
9»I8
9»18
9%
9*18
Btr. <}'d Mid 9'3„
913,8 913,8 10
indd'gFalr|l03,8"|i03,i 103,8 10%
Il013|8ll013,g 1013,8 11
ftr
STAINED.
Frl. W^ed
QDOJ
mp:
I
« MM 2
MM ^
I
10,6
line
Wed Tb.
5
too.-"
tO!0
O
9
91*
97,8
»14,«
914
97,8
9'l8
9ii,e 91^18
101,6 101,8
107,8 107,6
9>4
9«8
9'8
10>4
OD
I
ceo
I
6J3.,
"
WCJ»
?1^
8^
CO»c«0
««c«0 CCtDoCO
TEXAS.
inon Tnes Sat. inon Tue*
6<Sg
^
9a:
I
NEW ORLEANS.
71,8
8
87,g
oor*
(CO-
<o»
ccco
—
Sat.
to
fD
ci-jsa
Sat.
i3ti
li-*i
"£3.
oco*
«!
sales for forward delivery for the week are -139,600
For immediate delivery the total sales foot up this week
1,935 bales. Including 335 for export, 1,610 for consumption,
Jan. 2 to
Jan. a.
total sales.
St
:
•
S
81
The total
—
O.E.JH
•
and
2 <
Si K
bales.
for speculation and
in transit. Of the above,
bales
were to arrive. The following are the ofiScial quotations for
each day of the past week.
follo^^ -
I
=
Total 1885
Total 1884
im
hn
f2S|
ir htl hli
atoek.
Total.
the
comprehensive table. In the statement will iie found the
daily market, the prices of sales for each month each day, and
Ltavlng
AT—
8,
63
iast
On Shipboard, not eleared—for
3AX.
«
:
t
Mi
* Inolndes Rales la September, 1 885, for September, 130,200 : September-October, for October, 301,700; September-November, for Novembep,
4 16,40 0; SetemVKT-Dfcember, tor December, 028,200.
tne above table, aua suall ooiitlnne each
We bare luoluded
wedb to fcive, tbe averase prlc«, of fntorea each day for each month, ft
will hn found under eacb dai foUowln)? the abbreviation " Aver." The
averaf:e for each montb for the week la also Kiven at bottom of table.
Monday, 9-30o.; Tuesday.
rransferable Orders—Saturday,
0.:
d-iOn.: Wedneeday, 9-150.; Thursday, 9-15o.; Friday, 9-200.
Shoit Notices for January— Friday, 9-16o.
or
m
The following exohanges hare been made during the week:
-20 pd. to exch. 100 May for July.
•16 iHl. to eich. 7 10 Jau. lor Mcli.
•11 iKl. to exch. lOt) .Miiy for June.
•22 pd. to exch. 100 April lor June.
I
I
•20
|
300
200
500
pd. to exch. 300
•20 pd. to exch.
•11 pd. to exch.
•11 pd. to ex'ih.
Oct. for Sept.
Mch. for April.
Feb. for Moll.
Oot. for Sept.
.
THE CHRONICLE.
64
as made up by cable
as foUows. The Continental stocks, as well af
and telegraph,
returns,
those for Great Britain and the afloat, are this week's
and consequently aU the European figures are brought dOT^ncomplete
to Thursday evening. But to make the totals the
fronfigures for to-night (Jan. 8), we add the item of exports
the United States, includmg in it the exports of Friday only.
The Visible Supply of Cotton to-night,
is
Btook at Liverpool
bales.
Btockat London
Total Great Britain stock
Btook at Hamburg
Btook at Bremen
Btock at Amsterdam
Btook at Rotterdam
Btook at Antwerp
Btock at Havre. ^.
Btock at Marseilles
Btook at Barcelona
Btock at Genoa
Btook at Trieste
Total Continental stocks
1886.
1885.
595,000
19,000
69'<,000
45,000
1884.
69R,000
54 000
18S3.
699,000
80,000
614,000
3,600
34,100
33,000
743,000
^g.OOO
37,000
81,000
750,000
2,800
60,200
48,000
779,000
600
600
3,300
144,000
1,300
216,000
1,200
3,500
48 ,000
9,000
3,000
.i'9SS.
oi'^Sx
3 o ,000
6,000
4,000
282,600
363,900
4,000
25,400
1.500
3,400
800
151,000
111,000
5,000
44,000
10,000
8,000
4,000
42,000
9,100
5,700
216,900
323,700
896,600 1,106,900 1,073,700 1,025,900
97,000
109,000
63;000
59,000
574,000 727,000
619,000
510,000
62,000
52,000
44,000
48.000
Egypt,Brazll,&c.,afltfor E'r'pe
930,687
979.537 1,190,665
Btock in United States ports 1,104.460
339,669
356,545
301.538
Btook In D. 8. Interior towns.. 482,739
17,800
42.000
12,500
11,351
United States exports to-day..
Total European stocks ....
India cotton atloat for Europe.
Amer'n cott'n afloat for Eur'pe
.
V
.
'
3,115,1566 3,126,475 3,397,910 3,200,056
TotW visible supply
Of tbe above, the totals of American and other descriptions are as follows
American—
bales
Liverpool stock
Continental stocks
American
afloat for Europe...
1,101,466
United States stock
United States Interior stocks.. 482,739
14,351
United States exports to-day..
Total American
Xatt Indian, Brazil, <tc.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
2,788,556
143,000
19,000
57.600
59,000
4s,000
Egypt, BrazU, Aic, afloat
429,000
154,000
727,000
930,687
339,669
17,800
498,000 457,000
233,000
215,000
574,000
619.000
979.537 1,190,665
356,545
301.538
42,000
12,500
452.000
225,000
510.000
2,625,575 2,855,210 2,598,156
„„„
239,000 270,000
200,000
80,000
54,000
45,000
92,900
148,900
88,700
97,000
109,000
63,000
62,000
52,000
44,000
542,700 601,900
326,600
500,900
2,788,556 2,625,575 2,855,210 2,598,166
Total East India, &0
TotalAmerican
3,115,156 3,126,475 3,397.910 3,200,056
Total visible supply
Sioipd.
5iii6d.
5i5jtd.
5d.
Price Mid. Upl., Liverpool
III90.
lOSsc.
lOSieO.
Q^iec.
frice Mid. Upl., New York....
f^- The imports into Continental ports this week have been
63,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 11,319 bales as compared with the same date of
1885, a decrease of 282,754 bales as compared with the corresponding date of 1884 and a decrease of 84,900 bales as
comDared with 1883.
AT the Interior Towns the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
—
period of 1884-85
—
S2 £»
o 3
is
?
...
W
W.
H
^''
lis- f-"," -
rr
bales more than at the same period last year. The receipts at
the same towns have been 9,624 bales more than the same
week last year, and since September 1 the receipts at all the
towns are 441,777 bales more than for the same time in 1884-5,
Quotations tor Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
Week ending
Jan.
8.
Galveston
New
CLOSINO QUOTATIONS FOR MIDDt.INO COTTON
8%
8%
8^
8 '8
938
8S1
&'»
9=8
8%
8 '8
938
9
9'n
9^
988
91l«
938
938
89ifla»8
858
858
878
89,fl«»8
89l«®58
89^^®58
89ia®5a
8%
8%
..
Augusta
9%
9
89iB®»8
Memphis
858
Louis
St.
Cincinnati...
o
Sum h*'!*" O
9%
9%
8%
lAjuisville
8l3i6
89l9
858
85a
8lli«S5t
8^18
Charleston . .
Wilmington..
Norfolk
Boston
Baltimore
PMladelphia.
Fri.
8i3ia
353
858
858
Orleans.
Savannah.
S'he
ON—
8l3l8
858
85s
868
S3i
8=9
89l8
8=8
. -
Mobile
Thurs,
Wednet.
Tue».
ifon.
Satiir.
8Hi9
858
858
S"^
.
8lli6«S|
8'8
9^8
g--*
8U18
Si'ia
&'»
Si'ie
858
8^8
S\
8%
8%
8"l6
8II16
8\
8%
8 '8
858
8 '8
—
Receipts from the Plantations. The following table
indicates the actual movement each week from the planThe figures do not include overland receipts nor
tations.
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
Week
BtiMnt—
Receipts at the Porta.
St^ at Interior Towne. Rec^pta from PlanVru,
1833-84 1884-SS 1885-56,1883-84 1884-85 1885-86 1883-84 1884-85 188E -68
1
)eo.
"
"
"
"
ran.
1
265,481 2-<6,300 242,797 386,477 316,0',« 382,627 277,.S97 325, 1 86 285,019
281,163 289,45* 248,134 410,246 335,45l'434,343 804.932 .S08,889 299,850
247.733 258,340 238,011423,577 3a3,866[481,239 261.0641286,755 284,907
4
11
18
24
31
;
1
201,636 207.893 208.081422,310 3B3,520'521,3]9 200,419J207,5i7!249,061
126,276il40,043 219,088
140,612 154,075
90,245 133.694 165.006 3S9,898l320,78J 526,561 72.ie9il05,29lil48,010
8
—
The above statement shows 1. That the total receipts from
the plantations since September 1, 1885, are 4,270,3.55 bales;
in 1884-85 were 4,129,030 bales; in 1883-84 were 3,987,949 bales.
2.
That, although the receipts at the outports the past week
were 165,006 bales, the actual movement from plantations waa
only 148,010 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 105,291 bales and for 1884 they were
72,169 bales.
—
—
8.
In the table below
plantations in another form, and add
to them the net overland movement to Jan, 1, and also the
takings by Southern spinners to the same date, so as to give
substanti^y the amount of cotton now in sight.
AMOtJNT of Cotton in Sight Jan.
we give the receipts from
1885-86.
set out in detail in the following statement.
ggw2.|3-S
B E o cc- a
®®
[Vol, XLII.
1884-85.
1883-84.
1882-83.
Receipts at the ports to Jan. 8. 3.759,644 3,825,510 3,617,207 3,861,841
Interior stochs on Jan. 8 in
510,711 303,570 310,742 363,763
excess of September 1
Tot. receipts from planta'tns 4,270,355 4,129,080 3,987,949 4,225,604
525,092 358,048 382,415 413.082
Net overlanil to January 1
131,000 115,000 123,000 130,000
Southern oonsumpt'n to Jan. 1
^riP°
•
.
CB DO p
V X
•
•
se
3)
.
>
U,
Pp. W
P
•
•
Total In sight January 8
'
4,926,417 4,602,128 4,493,364 4,768,686
Northern spinners' takings to
OD W »- M M
C
CD C: O -J y to o
c:
V COVo 10 o* oi o V
to CO 01
V 00 a
1,082,429
Januar.v 8
-^i
o
839,211
QOtD'XWOiXXlO'^tt'O'OiOSIOt-'O'OlOQO
as compared with l8?3-84 18^433,083 bales
*> I- #»
I-'
^to
^ ta M
cD<ib3mco — ccMOow
© CO O: Vi'cj — K)
00
o
»-* --J
oo iio
i-'&S-'t-'*
0>
0»
I
W M "J
.
1882-83
wtocooioyaw
Mwai
M «»cow
10
® O OCO I- Os'c^QP *" C ^"rf^ COOO<1 (0 w
OSOlOCCa-JOSOCnOtOtOOlOOrfi'COU,—
CO
III
ODC)ODCOCDU)tOOO)(XO>-^JOCC&i^UC;'lh
O<^l0
tOlfw
989,162
and the increase over
157,761 bales.
has been rain
in about all sections of the South during the week, and at a
few points the rainfall has been rather heavy, interfering to
otCMiow
M
0> W
Is
Weather Reports by TELEaRAPH. —There
tooV't^Vu»CM**Vco»coi--*'cctf*'toao
os»jCnO'^ou'Oa»K)Oo^;peoxtf»-toto<j
fcOOtO'^-^-JtO)U'^QOCOQOM^<)0)K^lO(»
y
i^acccn; ceo
o>
M
ttfc
929,001
It will be seen by the above that the increase In amount in sight
to-night, as compared with last year, is 324,319 bale-t. the Increase
»-'t»0--Itfi'IO*}0-lCOIO<DOO(JDO-Jl'"C;t05
some extent with the free marketing of the crop. A cold
wave has reached Little Rock and Helena, the thermometer
registering this morning 2 above zero at the former city and
I
8 at the latter.
W O « O" o> OJ
'^((^OMOO — O*»to;
,
CDtOOOOOJC^OtOHi.
CDiUt-'CCiOoriOO
« O^ Oi X O CO *t-i
CD*
—Telegram not received.
— Telegram not received.
Palestine, Texas. — Telegram not received.
New Orleans, Louisiana. —It has rained on one day of the
Galveston, Texas.
Indianola, Texas.
^J-
COCOytOlM^-M
<C to
O-
<J
to
<jMV-iMl-«
ifcM
V
W
I^OD 10 Oi t-* 00 -3 wl^.
<J 00
OJ h- to O
f-^rfkytCDCOtOX^OlCJl'^tOOOlCA'vl^.CO
V ^ 10 - w
I
O ^- lO <0 01 o
If
*JO:*^coQcrffcgiocj»toaocj<atcioooitotow
week, the rainfall reaching sixty-five hundredths of an inch.
The thermometer has averaged 51.
Shreveport, Louisiana. Rainfall for the week two inches'
,»
CO
to o)
•^CH-at. ta»-'aDo:<i*o coT-Oi'ihtntocso'^
OlCCCiOltiO
WOjOOaJtC-O-ai— tOX.itfcOO)C3ilO<lr-tC«D
Average thermometer 44, highest 70, lowest 14.
O A X U CO o
00)CCC;'»-'OtO<100it^COO'<Cnr-OXtO^
Columbus, Mississippi. Telegram not received.
--ICO 03
o<
Leland, Mississippi. Telegram not received.
Pr" !f^i^ i^i^i''^*
i-'t-'fFk.ik
COM
O) o co'tc CO w o"tc o OS
<1 M o; en too -l
K CO M 0; C •ill
Little Rook, Arkansas. The past eight days have been
v<toixocooo
C0 1^ CD CO O oa '^ 03 ^^ cc 00 to
t^ M cc <) 1^ ig
more or less cloudy, with rain on four days and light snow on
two days. Violent change since yesterday, with a fall in
CnCO
^
<J
.»8
temperature of forty degrees. The thermometer has ranged
"a cd".^
-I'o
CVO-J&OO'CJ'V WttOO"to't^M^-woiTo
- - cc as
^ to CO CnCrO-'liUOsOtDOOOS; <JXCnQDO'^X*»
from 2 to 60, averaging 38. The rainfall reached one inch and
*4CCC00iUrf>.M 00
cn<)OQo:oocc>^'*j».
co
oi O o p- m
eighty-six hundredths. Now very cold, with stiff northwest
* This year's figures estimated.
wind.
The above totala show that the old interior stocks have
Helena, Arkansas. It has rained on five days, and the reoe«r«a*«d during the week 11,710 bales.and are to-night 181,201 mainder of the week has been cloudy. The rainfall reached
M
*».K(0SC;'O'l-'C0fc0<J**
•-'C0*'>*^rO|^0iC0 I.
OO #• OC — Cn
X 0) oi y
^ - C QD 00 tt
MtO
CO
l-<
CflJ,;" C>i
p.!
iCk.
>-•
rf^
c;)
-kI
-'I
)-•
—
—
—
—
«-•
c;"
otj
CJi
c;i
iii.
—
.
January
9,
IHE (CHRONICLE.
1886.]
snuwint;.
Memphis, Tennessee.— VI o have liad rain on Hvo days of
the weelt and snow last night. The rainfall reached two
inches and twenty-nino hundredths. Very cold to-day. The
thermometer has averaged U'J, the highest being CO.) and the
lowest 2:!. During December we had rain on eight days and
the rainfall reachwl two inc^bes and ninety-two hundredths.
Average tbermi>meU>r 4:!, highest 08, lowest 18'5.
JSaslnille, Tennessee.— Vfe have had rain on four day* of
the week, the rainfall reaching one inch and seventy-nine
hundredths. The thermometer has averaged 38, ranging from
35 to 58,
Mobi'e, Alabama.— It has rained .severely on one day of the
week and hius been showery on two days, the rainfall reaching
two inches and twenty-eight hundre<ltlis. The thermometer
has ranged from 38 to 60, averaging 49.
Montgomery, Alabama.— V/e have had unusually heavy
rain on two days of the week, the ramfall reaching two
The thermometer has
inches and forty-one hundredths.
averaged 47*1.
Selma, Alabama. It has rained steadily on three days of
the week, the rainfall reaching five inches and seventy-five
hundredths. Killing frost on one night. The thermometer
has averaged 44, the highest being CO and the lowest 37.
Aubtirn, Alabama.— It has rained on three days of the
week, the rainfall reaching two inches and ninety-seven
hundredths. An inappreciable amount of snow has fallen
Average thermometer 45-8, highest CI, lowest
this week.
Britain,
ntnl.
1,000
1.000
1,000
500
500
500
•
•*•
EOO
SOO
too
50O
1,000
1,000
1,000
1,000
1880
2,000
3,000
188.'5
1.00.)
1,000
2,000
1,000
2,000
1,000
Total »11—
The above totals for the week show that the movement from
the ports other than Bombay is 1,000 bales more than same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1880, and for the corresponding
periods of the two previous years, are as follows:
BXPORTS TO ECROPB FROM ALL INDIA.
ThU
from—
Bombay
ill other ports.
Total
Jan.
17,000
2,000
14,000
19,000
19,000
Kew
Orleans*. ...... .Above low-water mark.
HMophls
ibove low-water mark.
Above low-watfir mark.
Above low-water-mark.
Above low-water-maik.
Na»liville
BUrcveport
Vlcksburt;
•
Brtl';i.
1
Coniitun(.
•»»'««•
r^l.
\
15
18
4
22
2
a
9
7
IG
5
23
34
Snipmentt Since Jan.
Great
Britain
Omilinent.
1.
Total.
two
years.
1883-34.
1384.'?5
week
1.50,000
170,000
2.133,000
2,353 000
1
90,000
2,142,000
This
Binee
week. Sept. 1.
TAtj
Sinct
week. Sept. ^
16,000 145,000 20,000 200.000! 11,000 154.000
9,000| 75,00011 9,000 79,000! 6,0001 68,000
Total Europe.
25,000 2i0,000ll29,000!279,000' 18,0001222,000
|l
cantar
Is
98
I
lbs.
Manchester Market.
—Our report received from Manchester
We
give
to-night states that the market is quiet but steady.
the prices for to-day below, and leave previous weeks' prices
v.
for comparison.
^
1883-86
8H
325 Oop.
4.
11 8
Mid.
Uplis
«S»lfl ;5
" 18 -fe aiSTiB 15
2i\T>n «8'iB ,5
" "3! p^s 381, « 5
Jin. 8l7'4 a-!5iR 15
32< Cop.
a.
5S,B
318
3li<^
m
37
l>a
5:',g
mi
8>4'49
&9,g»9»9
«7
1
7 4147
1
7iu<7
7ia»7
7»a*7
1
r.H
53t8 ;8!>ie'?9's
5116 1314 39%
8% a 9
5
1838 89
4iBia'8"i«89>)(
5
bTihB&l,,
•7
'<ii7
a7
7 13
d.
<1
l>s
1
I
8>4 lbs.
Shirtings.
Iwisi.
m
mi
6.
(I.
Nov. 6'5i8 a^n,8 5
13j8iiK*S'8 |5
20 81ie'ai.-*'8 15
27
Deo. 4 81s S8II16 3
••
Ootl'n
lbs.
Bkirtinss.
Iwist.
fl.
1884-85.
\*.
?813i, »
_»9
a.
XTpld$
«.
6i«»7
8
OotCn
Mid.
5^1 «.
.57
U7
V7
«7
®7
2I3
S
5!3]u
1
...
o
7»«»7 O
%
7>a>i7
515i
'
&c., to Jancary 1.— In our editocolumns to-day will be found our regular statement of
overland movement, receipt?, exports, spinners' takings, &c.,
brought down to January 1
rial
.
G
5
Receipts.
Tear.
—
Our cable from Bombay to-day states
coming to market slowly from Bengal. Crop
accounts are favorable in Gazerat and Kattyawar.
East
Ixdi.v.
Crop.
that supplies are
—
Bi'TTS, Bagging, &c,
There has been nothing of intaking place in the market for bagging since our last,
and few orders are coming in. Trade has not opened as yet,
and the only transactions reported are for small lots for present wants. Prices are unchanged, and sellers are quoting 9'4C.
Jlte
terest
for
li>J lb,, 9;'.tc.
for
1'.^
lb.,
lOJ^c. for 2
lb,
and
ll^'c- for
Butts are in rather more demand, and some
parcels have been taken since our last report, about 3,000 bales
finding buyers at V^^i^X'^'^. for paper grades and 2{!i'i%o, for
bagging qualities, the market closing at these figures.
standard grades.
18861 2O0O;i5,O0O 17,C00;
2,000
1885 2,000 12,000 H.r(H)
2,000
18S4ill.0J0 8,000,19,0001 18,000
18831 7,000|ll,000i 18,0001 13,000
15.000
12,000
24.000
13,000
17,000 30,000
30,000
11,1100 ltJ,000
Iti.OOO
42,000 47,000
2H,000 29,000
77,000
50,000
According to the foregoing, Bombay appears to show an
invrease compared with last yesir in the week's receipts of
14,000 bales, and an increase in shipments of 3,000 bales, and
the shipments since January 1 shew an increase of 3,000 Iwiles,
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
" Other porta" cover Ceylon,
years, lias lieen as follows.
Tuticorin, Kurrachee
46,800
25,000 bales.
below lilsbwater
Thi»
Week.
21,300
This statement shows that the receipts for the week ending
Jan. 6 were 150,000 cantars and the shipments to all Europe
BOMBAT RECEirXS AND SHIP.UBNT8 FOB FOCR YEARS.
\8liipmenls this meeh.
19,000
ErportB (bales)—
To Liverpool . .
To Continent ...
" A.
India Cotton Movement trom all Ports.— The receipts
and shipments of cotton at Bombay have been as follows for
the week and yeaj, bringing the figures down to Jan. 7.
Tear] Orent
15,000
OVERLAND Movement,
8
9
42.000
4,800
'85.
5
n^portecl a'xive low-w.ttfr miirk, instead of
as prior to October 30. 18S3.
1,000
1885-36.
6.
.
iTteh
3
.5
Now
mark
i,
1.
19.000;
2,300|
I
at 3 o'clock
Feel.
0inee
Jan.
week.
1.
14,000
1.000
TM$ Since
wtek.\8ept. 1.
—
Jan.
Jan.
17,010
2,000
Blnee Sept.
—
'86.
1.
1884.
ThU
Binee
This last statement affords a very interesting comparison of
the total movement for the three years at all India ports.
Tills
Slateburg, South Carolina. We have had rain on three
days of the week, the rainfall reaching sixty-seven hundredths
of an inch. There has been killing froit on three iii^ht* and
ice on two.
The thermometer has rdn;5ed from 33 to 1, averaging 43 -5.
Wilson, North Carolina. It has rained on two days of the
week, the rainfall reaching one incli and forty-three hundredths. Average thermometer 47, higiiest 70 and lowest 27.
The following state.iient we have also received by telegraph,
Inr.h.
This
week.
Siriee
week.
January
—
7,
1885.
1886.
Shipments
an Europe
to
BeoelptB icantars*)—
—
Feet.
IMol.
500
—
Jan..
OonUnmU.
BrUtttn.
1,000
Alexandria. Eaypt,
has rained on two days, and the
remainder of the week has been pleasant. The rainfall reached
The thermometer has avfifty-eight hundredths of an inch.
eraged 53, ranging from 33 to 67.
Augusta, Ueoryia. The early part of the week we had rain
on three days, and the latter portion has been clear and pleasant; but as the week closes there are indications of s-evere weather. The rainfall reached one inch and six hundredths. Cotton
continues to come in freely. The thermometer has ranged
from 28 to 68, averaging 48. Rainfall for December two inches
and fourteen hundredths.
Atlanta, Qeorgia.— It has rained on two days of the week,
the rainfall reaching four inches and five hundredths. Average thermometer 43'6, highest 60 and lowest 38.
Albani/. Georgia. We have liad rain on two days of the
week. The thermometer has averaged 47, the highest being
72 and the lowest 20,
Charleston, South Carolina. It has rained on two days of
the week, the rainfall reaching one inch and forty-Kve liundredtlis.
The thermometer has averaged 50, ranging from 'ii
showing the height of the rivers at the points named
January 7, 1880, and January 8, 1885.
toua.
corresponding week of the previous
— We
Qeorgia. — It
to 64,
BMpmtnIt $lmic» JImiihi'd X.
letek.
Alexandria Receipts and Shipments. Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
—
Savannah,
OonU-
—
Madison, Florida. It has rained on two days of the week,
the rainfall reaching forty-five hundredths of an inch. The
thtriuoraeter has ranged from 27 to 74, averaging 53.
Columbus, Heorgia. It has rained severely on two days of
the week, the rainfall reaching four inches and twenty hunThe thermometer has averaged 40, the highest
dredths.
being 55 and the lowest 30.
have had rain on two days of the
Macon, Qeorgia.
wet-k.
Sr*at
Calontta—
1880
188S
Usdrit»1886
1886
All others—
1880
1888
—
—
66
OiipmtiiUfor IK*
two Inches and ninety-eight hundredths. Average thormomTlii'j (Friday) morning now
oU-T :t8, liigliest 58 and lowest 8.
27-5.
,.
.
and Coconada.
Comparative Port Receipts and Daily Crop Movemrnt.
— A comparison of the port movement by weeks
is
not accurate
as the weeks in different years do not end on the same day of
have consequently added to our other standing
the month.
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relati^ e
movement for the years named. The movement since
September 1, 1885, and in previous years, has been as follows.
We
:
THE CHRONICLE.
66
—
—
[Vou XUT.
ToltUbalf
Tear Beginning BepUmber 1.
Iteeeiptt.
1880.
1881.
1832.
1883.
1884.
1885.
429,777 458,478
853,195 968,313
974,043 1,006,501
996,807 1,020,802
343.812 326,656
Bept'mb'r, 385,642
980,584
October.. 1,055,524 1,090,385 1,046,092
oTemb'r 1,033,552 1,122,164 1,030,380 1,094,697
Deoemb'r 1,069,920 1,104,211 1,059,653 1,112,536
345,443
3,454,099
3,594,638 3,662,205 3,479,937 3,514,473 3,253,822
Total
Fero'tage of tot. port
58-80
68-93
58 38
71-75
76-68
xeoelpts Dec. 31..
at the
This statement shovrs that up to Deo. 31 the receipts
1884 and
ports this year were 67,567 bales less than
Ihe
188d.
114 701 bales more than at the same tmie
corresponding
receipts since September 1, 1885, and for the
period of the five previous years have been as follows.
m
m
l88r-88.
188C-31.
1881-32.
1882-33.
1883 84.
1884-35.
3,454,099
Tot.Do. 31 3,591,638 3,662.205 3,479,937 3,514,473 3,253,822
"
a.,
24,177
15,144
"
3..
B.
10.259
19,022
23,20t
"
4.,
"
5.
"
6.
24.844
31,730
14,401
20.516
34,194
25,885
21,985
15,947
14,687
Jon.
1..
"
"
7.
8.
49,366
35,488
24,056
29,131
33,895
34,713
19,952
18,208
18,888
19,977
14,490
B.
B.
ao,02i
9,986
YoBK—To
Liverpool, per steamers Arizona, 1,882
Germanic, 2,132
City of Berlin, 2,403
Celtic, 1,434
Servla, 1,922
Roman, 3,157
Lake Huron, 2,590
19,027
7
Spain, 2,50
419
To Hall, per steamer Otranto, 41»
HfBW
20,294
8.
B,
28,830
24,328
17,926
23,405
37,231
17,951
39,653
B.
S.
23,424
11,808
13,397
16,773
25,039
17,286
Total... 3,759,614 3,793,196 3,601,459 3,760,825 3,403,493 3,582,120
Percentage of total
61-15
72-10
62-181
74-251
79-42
port reo'pta Jan. ^.
This Statement shows that the receipts since Sept. 1 up to
now 83,553 bales less than they were to the same
day of the month in 1884 and 158,185 bales more than they wt re
to the same day of the month in 1883. We add to the table
the percentages of total port receipts which had been received
to January 8 in each of the years named.
To Glasgow, per steamer Italia, 450
To Havre, per steamer 8t, Laurent, 1,000
To Bremen, per steamer Main, 700
To Hamburg, per steamers Gellert, 330
To Rotterdam, per steamer P. Caland. 898
Thb Exports of Cotton from New York
tliis
week show an
direction, for each of the last four weeks; also the total exports
and directions since September 1, 1885, and in the last column
the total for the same period of the previous year.
BSFOBTS OF OorrOS (B4t,S8) FBOX
NBW SOKK
SIMCB SEPT.
1.
Same
Week endingKxporled to—
ISib
Jan.
Total
tince
7.
Sept. 1.
period
Dec.
24.
Dee.
31.
11,177
9,871
6.912 18,027 169,621 198,055
831
869 29,698 26,937
11,177
9,871
7,743 18,896 199,319 224,992
1,864
1,502
1,173
1,000
21,189
24,915
751
1,864
1,502
1,173
1,000
21,189
23,666
700
479
13,300
33.262
40,574
87,136
Dec.
17.
previ'ut
year.
70O
479
898
India, 129
To Antwerp, per steamer Waesland. 1,446
To Gotlenburg. per steamer Martha, 597
To Yarmouth. N. 8, per schooner Roseneath, 36
New Orleans—To Liverpool, per steamers California, 2,900
per ship Lord Lytton,
Texan, 7,369
Norfolk, 5,009
4,353..!
To Havre, per barks Condor, 3,-21 l....Mauna Loa, 3,571
To Bremen, per steamer Stag. 5,100
To Barcelona, per bark Aurora, 300
To Trieste, per bark Sansone, 1,1^00
Savannah— To Bremen, per steamer Gledholdt, 4,585 Upland..
To Antwerp, per steamer Grandholm, 3,800 Upland
Charleston— To Havre, per bark Adjutor, 905 Upland
To Genoa, per bark Castelar, 1,300 Upland
GALVESTON- To Liverpool, per steamer Wlvenhoe, 4,600
per bark Annie
per ship Agnes Sutherland, 3,225
—
Torrey, 2,025
1,448
597
38
19,631
6,785
5,400
300
1,500
4,585
3,8i»0
90 5
1,300
9,850
1,510
To Cork, per bark Pusnaes, 1,510
1,225
To Havre, per bark Velox, 1,225
Norfolk—To Liverpool, per steamers James Turpie, 4,932
11,507
Monte Rosa, 6,375
3.218
3,218
Newport News— To Liverpool, per
2,253
BALTI.MOBE— To Liverpool, per steamer Thanemore, 2,253
Samaria,
Boston—To Liverpool, persteamers Istrlan, 2,362
,
314
PHn^ADBLPHLA-To Uverpool, per steamer British
Total
Prince, 1,383
2,676
1,383
,101,560
-:.
particulars of these shipments, arranged in our usnsl
form, are as follows:
ItoUerdam,
Butt,
AniGenoa
GlaaBremen werp <t
The
t j-night are
increase compared with last week, the total reaching 5;4,052
Below we give our usual
bales, against 14,125 bales last week.
able, showing the exports of cotton from New York, and their
450
1,000
Ham-
Liver-
gow
pool.
Cork. Havre, burg.
869 1,000 1,179
6,785 5,400
4,58)
New
York. 18,027
«. Orleans. 19,631
Savannah
Charleston
Galveston. 9,830
Norfolk.... 11,507
NewportN. 3.218
2,2J3
Baltimore..
Boston
PaUadelp'a
i£
(£
Gotten- Barce- and
burg. lona. Trieste.
300 1,500 33.616
3,800
905
1,510
Total.
24,052
2,941
1.300
1,225
8,385
2,205
12,585
11,507
3,218
2,-i53
2,676
1,383
2,*)76
1,383
300 2.800 101, -ISO
Total... 68.545 2.379 9.915 11,164 6.711
Included in the above total from New York are 36 bales to Yar
mouth, N.
S.
Below we add the clearances this week of vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
GAI.VBSTON-For Liverpool—Jan. 4— Ship Eidcnhope, 4,910.
For Bremen— Jan. 6 Steamer Marchioness. 5,19.'.
For Vera Cruz- Jan. 2— Steamer Harlan, 62.
Nbw Orleans- For Liverpool- Deo. 31- Steamer Chancellor, 3,942
Jan, 2 —Steamer Emiliano, 4,242.
For Havre-Dec. 31— ShipsCbarlie Baker. 3.674 lie Martha. 4,331.
For Bremen— Jan. 2— Steamer Crane, 3,539.
For Genoa— Jan. 4— Bark Gehoo, 3,221.
Jan. 2—
SAVANNAH— For Liverpool— Dec. 31— Bark Tikoma, 2,869
—
;
Liverpool
Other British ports
XOTiXTO OBB^T BBITJUN
Havre
Other French ports
Total Fbbkch
Bremen
Hamburg
716 2,388
200 1.015
Other ports.
4,7i5
1,988
2,228
2,394
2,941
17,703
33,620
36,807
X0TAI.T0 NOBTH. EUBOFB
5,681
5,391
4,622
4,120
88,130
...
1,10J
Bpaln,Op'rto,Qlbralt'r,&c
All other
Total Spain, &o
1,533
1,533
.
GbandTotai.
1,100
20.2,-<5 17,'*«4
3.403
1,'197
"S87
36
8,5 li)
5,698
587
36
11.921
7,195
14.125 24,0-12 320,559 314,989
The Following are the Gross Receipts op Cotton
New
at
York, Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1885.
Ship Revolving Light, 4,593.
For Bremen —Deo. 31— Steamer Roma, 5,45 V
For Amsterdam— Jan. 2— Bark Aincltia, 2,1K)0
.Jan. S
For Barcelona— Dee. 31 -Steamer Invermay, 3,875.
Steamer Allie. 4,800.
Charleston— For Liverpool- .Tan. 5 — Bark Bellona, 3,923.
For Venii e— Jan. 5 -Brig Erode, 1,150.
Wilmington- For Bremen— Jan. 6— Bark Fairy Belle, 2.250.
NORFOLK— For Liverpool— Dec. 31—Steamer Kings Crosf, 4,266
Jan. 6— Steamer Benbrack. 5,375.
Newport News— For Liverpool- Deo. 31— Bark Strathmuir, 700.
Deo.
Boston— For Liverpool— Deo. 23— Steamer Norseman, 2,387
29- Steamer Iowa, 2.482.
Dec.
Baltimore— For Liverpool— Deo. 28— Steamer Peruvian, 2,307
31— Steamer Barrowmore, 4,294.
For Atitwerp— Dec. 30-8teamer Lero, 1,987.
Philadelphia— For Liverpool— Jan. 5— Steamer Lord Qough, 1,300.
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.
British Prince, steamer (Br.), from riiiladelphia for Liverpool, was
passed at 8 P. M., Dec. 30, near i'ive Fathom Bank, hove to. Bhe
had probably stopped for engine requirements.
Edmoxdslev, steamer (Br.), Kiroaldy, at Liverpool Dec. 31, from Galveston on the latter date had discharged 450 bales of cotton
damaged by Are. Her deck was slightly burned. The vessel was
;
N«w
York.
Boston.
Iphiladelph'a! Baltimobb.
Receipt*
TMt
from—
week.
New
Orleans
Texas
Barannah
.
.
Since
Sept.
I.
7,'97
138,777
17,039
7,618
211.996
188,049
ThU
week.
Since
Sept.
1.
This
week.
Since
Sept. 1.
Thie
week.
s<nc<
New York for Liverpool, arrived at Queensof Jibboom and port boats, having encountered a harricane Dec. 26 hiid a stormy passage. The steamer
had a quantity of water in her hold.
Egypt, steamer (Br.), from
town Jan. 4 with loss
Sept, 1.
;
Cotton freights the past week have been as follows:
2,010
1,320
strained.
4.480
82.392
10,048
31,264
Satur.
Mobile
Florida
So. GaroUna.
1,264
15,176
6,271
No. Carolina..
1,648
87.18S
17,551
Virginia..
North'n ports
9.9T4
127,490
5S3
lU
1,121
»,278
Tennesaee.&c
ForelKQ
3,531
36,054
5.131
Uverpool, steam
1,460
1,418
13,003
3-3.41
95
5,609
55.898
43,219
121
670
Do
6,273
37,279
671
10,597
2,606
50,628
15,257
Do
sail
751,117
10,727
183,500
(<,S75
66,992
7,887
I4tst year..
65.-26B
715,019
21,338
214.894
3.154
56,715
9.845
SHiPPiNa News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
101,880 bales. So far as the Southern ports are concerned, these
the same exports reported by telegraph, and published
in
the Cheonicle last Friday.
With regard to New York we
include the manifests of all vessels cteared up to Thursdav
>"ouoj^
nixht of this week.
Do
Do
Do
%a»64
ea'M
%
%
=8
c.
....
....
'18
''16
c.
c.
sall...c.
sail
Fri
»9S9«4
...a
Amst'd'm, steam.c.
Keva!, steam
Thur:
....
fe-
sail
>8»964
Wednet
...»
Hamburg, steam.c.
S4.688
Tuei.
c.
Bremen, steam.. c.
14,3U8
This rear..
we
sail
Mon,
%^»fl4
8all...(i.
Havre, steam
Do
d.
d.
e.
BaroeIona,8team.e.
Genoa, steam
e.
Trieste, steam.. .e.
Antwero. st,Bam..e.
* Per 100 lua.
rS
O
W
..•
....
i»3a'®% »82a'8
40*
....
''18
''16
>u
....
...
....
"32a ^8 "323% iisa®*
....
....
40*
40*
40'
....
..••
15£4«932 i^ma'ss IBC4®®32 IBfil^J^M
....
....
»S2
H
7s2»>4
l4®93a
"48982
5,^-sin
^
....
....
....
»'>.4-®932
»S2
''32®
ss
«.•-
....
....
40»
....
,
B,„-S?,llr4
»32
»M
7sa3i'4
'82 a "4
"43932
"4*932
O.nl^ll,, R
.^ ?»
n...
»s»
isa*'*
'4a»3a
-,.
»n,^
.
.
.
January
THE CHRONICLE.
9, 1886. J
67
—
ijyKBPOOL. By cable from Liverpool, we have the f oUowing T Indian corn was quite buoyant on Monday aod I'uvs lay,
tetement of the week's sales, stocks, &o., at that port. We especially for parcels on the spot and for f arly delivery, availadd previous weeks for comparison.
able supplies being quite moderate and the demand steady for
export as well as for home consumption. The most decided
Dec. 21.
Dec. 18.
Dee. 31.
Jan. 8.
advance was in "steamer" (ptides of yellow and of white,
balea.
50.000
41,000
30,000
48,000
I of the week
3,000
2,000
2,000
2.0O0 which sold on Tuesday at 48a. Southern com hag remained
Of wbli-h ex|>orter8 took ....
1,000
1,000
1,000
Q( wbioh H|woulator8 took..
1,000
Yesterday there was some reaction in West32,000
40,000
23.000
39.000 quite nominal.
Balea American
4,000
5,000
H.OOO
Aetual export
2,000 ern mixed for future delivery.
To-day the tendency was up3
18,000
20,000
17.000
Forwarded
'^,000
4H0,000
611,000 541,000 r,ur,,ooo ward, but neither trade nor speculation was active.
Total atook— EHtlmated
Of wlilvb AmeriouD—EsUm'd
Dotal ImiMirt uf the week
..
Of which American
Amount
<ifloat
347,000
123,000
8»,000
270,000
261,000
409.000
82,000
71,000
234,000
216.000
37s»,000
90,000
79,000
235,000
4.',2,000
132,000
108,000
231,000
216,000
222.0011
Of whinh American
The tone of the Liverpool market for spots and futuroH eacn
4 \y of the week ending Jan. 8, and the daily closing prices
•r pot co tton, have been as follows:
aaturday Xtmdmy. Tuttday.
Bpot.
Good
Market, 1
12:30 P.H.j
business
doing.
5
\
Mid. Upl'ds
Mld-Orl'DB.
ales
BpecAezp.
10,000
1,000
JWturM.
K
5
5
5>8
6ie
7,000
1,000
Firm at Steady at
l-«4 ad1-M adran ce.
vance.
Market, )
18:30 P.M.
Market,
)
Barely
Sp. H.
(
steady.
Wednet. TKuTBd'y
Fitdav
Moderate Irregular. Uncb'ng'd Moderate
demand.
demand.
Flat.
5
S
6=8
8,000
8,000
8,000
300
500
500
Easy at
2-«4 de-
Basy at
cline.
Barely
steady.
Steady.
Easy.
Fairly
steady.
The opening, highest, lowest and closing pnces of futures at
Irverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
^^
49%
49"'8
i9^
4801,
48»8
48^8
48^4
48T8
49
48
48%
48%
4»''8
*««»*
48ifl
48%
48%
....
48>«
48 1«
May deUvery
48%
48%
48'4
481%
48%
Oats have advanced, though not active, whether for specula,
The
tion or the regular trade.
sympathy with
fluctuations
moved somewhat
in
To-day there was a pretty general
advance, but parcels afloat showed the most strength.
corn.
DAILT CLOSraO PEICES OP NO. 2 OATS.
Sat.
Hon. Tuet.
Wed. Thurt.
H5^
35%
35 >9
35=8
January delivery...
35 >3
35 ''8
SHI,
3b%
36
Febniary delivery
3618
36%
361s
March delivery
36 »«
....
37
36%
36»e
April delivery
37
37 14
37»4
37
37 14
May delivery
37
37
37
Rye has remained quiet. Barley has sold to a moderate
extent, and choice samples have brought prices above the
range of our quotations, but buyers are not urgent. Buck-
m
. .
1-64 decline.
O^lierwise stater*.
The prices are given in pence and BUhi, thut:
4 •>3-64rf.. and 5 01 meafu 5 1l-64d.
OLOSIMO PRICES OP Nf
NO,. 2 MIXED C0R!>.
Sat.
Jfon.
Tiiet.
Wed. Thurt.
49'«
4g>4
49
50
50
4914
49 '4
41' %
4H''8
4013
1>AII.T
\a elevator
January delivery
February delivery...
March delivery
April
4 63 meant
wheat tteady.
The following are the closing quotations:
$2 409 3 30 Southern supers
S350» 3 75
3 103 3 50 Suunnern oaKurs* ana
3 20» 3 75
family brands
4 75i» 5 50
Sat. Jan. *2,
Slon., Jan. 4.
Tne*., Jan. S.
AliDn. clear and stra't. 4 Oua 5 25 Hye tloar, aupertlae.. 3 309 3 55
Winter shipp'g extras. 3 50 a 3 80 Oorn me: I » 00» 3 15
Western, Ao
Winter XX <fc XXX.. 4 109 5 25
Open Sigh Low. Gtot Open Si<h Low. Ou>$.
Rfftndvwtn**. <*".,
4 ,i0a 5 75
3 1>8
Patents
3 60» 500 Buckwheat flour, ^
caty snipping ex
d.
d.
d.
d.
d.
d.
d
4
003
4
65
100
lbs
1
908 2 la
com.
extras..
Sontli'n
483 4 63 4 61 4 61 4 62 4 62 460 460
January
GBAiN
4«3 4 63 4 61 4 61 4 62 4 62 4 60 4 60
Jan.-FeD..
uye—Western..63 9 65
500 5 0O 4 63 4 6.1 4 63 4 63 4 62 4 82 Wlieat—
Feb.-Marclt
83 a 99
State and Canada... 66 9 68
»pnng,per bnsli.
5 03 5 03 5 01 SOI
March-Apr
5 01 5 01 seo 500
34ii»
91 » 92
N0.2
Oats—
Mixed
3»
Spring
April-May.
B06 6 06 504 5 04 6 04 3 04 5 03 503
91 a 91I2
White
38 a 43
Ked winter. No. 2
SOS 5 09 5 07 5 07 507 5 07 5 06 BOO
Iday-June..
7.')
35^8 > 3-H
No. 2 mixed
» 9H
Red winter
June-July.
5 12 512 51U 5 10
510 5 10 6 09 5 09
H5 « 96
No. 2 white
4o's» 41%
White
Jaly-AuK.
515 5 15 514 514 514 5 14 512 512 Cjm- West, mixed
42 » •Mifl Barley— No. 1 Canada 1003105
50 • nlH
82 a 84
No. 2 Canada
West. mix. No. 2.
Ang.-Sept
S19 5 19 518 6 IS 6 17 5 17 616 510
State, two-rowed
(i9
» 73
47 a 52
Went, whitf ,'iew.
47 a 52
Stato, six-rowed .... 73 in 8.^
West. yell<!w,new
50
53
Buokwheal
51
a>
While
Southern..
»
53
Wednea., Jan. 6.
Thnrs., Jnn. 7.
FrI., Jnn. 8.
48 9 52
Yellow Southern.
The movement of breadstufis to marfcet is indicate<I In th t
Open High Low. Clot Open Bigh Low. Ot«>. Open High Loto. dot
statements below, prepared by us from the figures of the New
d.
d.
d.
d.
d.
d.
d.
4.
d.
d.
d.
d.
first give the receipts at Western
York Produce Exchange.
458 4 58 458 458 459 4 59 4 58 4 58 460 4 60 4 59 4 59 lake and river ports, arranged so as to present the comp:irfi January..
458 4 5$ 458 4 5S 4 69 4 59 458 4 58 4 80 460 4 59 459
Jaa.-Feb.
tive movement for the week ending Jan. 2, 1886, and since'
Veb.-Marcta. 4 59 4 59 4 59 4 59
460 4 60 4 59 4 59 4 61 4 61 4 60 460
July 25 for each of the last three years:
» bW.
Fine
Superllne
Sp.lng wheat extras.
-
.
We
.
March-Apr
4 61
4 62
4
61
April-May. 500 5 01 5 00
May-June... 6 03 604 5 03
June-July., 6 06 507 6 be
Jnly-Aufr.. 510 511 510
Ang.-Sept
filS 514 613
4 62
5 01
604
6 07
5 11
514
4 62
5 01
4 62
5 01
4 82
4 62
50O 500
S04 504 604 6 04
5 07 507 5 07 6 07
511 5 11 510 610
5 14 5 14 5 13 513
4 63
5 02
483
4
5 02
301
5 01
605
5 05
5 04
604
50S
511
514 614
5 07
6 07
6 10
6 IS
5 08
6 11
62
510
513
4 82
Beeeipte
at—
Chicago
Detroit
Cleveland.
Feu)at, p. M., January 8, 1886.
There has been only a moderate degree of activity in the
market for flour and meal the past week, and prices in some
cases favored buyers, with an unsettled feeling, although there
was no urgent pressure to sell.
The wheat market has been
variable
and
unsettled.
A
strong " bear " influence from the West has affected the course
€>f values.
There was on Monday and Tuesday a good business
Corn.
Louis
Peoria
Duluth
St.
257,178
145.260
83,937
127.137
57.500
102,205
8.250
49.810
40.061
4,749
3.877
3.432
12,155
3,730
MUwaukee..
Toledo
BREAOSTU FFS.
Wheat.
Flour.
0a(«,
.Bble. 19611m .BiMft.60 U)» .Bu»?l.5« U,s
..
.
Barle\i.
Bl/e.
Biuh.W UK Bmh.i» lbs
598,907
21,230
1.905
1,611,869
ll,4So
45,738
123,563
23,500
SO.Sifc
679,130
70.155
59,891
277,114
80,650
14.200
52,i63
20.000
2,210
141,200
17,400
93,823
217,3ii2
Tot. wk. '86
128.634
993,879
1,430,021
2,584,935
2.017,076
1,137,357
2,059,378
826.598
534,446
633,711
588.042
201.986
126,092
Since July £6
1885 -SO. ..
3,901,306
1884-85....
4.945,811
4,556.929
44.391,917
40,363.498
51.057.381
30,575,540
80,805.332
32.542.030
12.530.013
9,873,711
18f3-&».
40,534,381
72,579.395
51.703.197
'^5
..
32,60»
6,.320
4,585
8,675
6,000
....
'81
Same wk.
Same wk.
.Siwh.se Ih
314 322
240,113
11,780.429
58,239
37,670
106,232
2,034,819
8,327,975
5,282.760
The comparative shipments of flour and grain from the sair •
were free buyers at full
prices, but the failure of a " bull" operator at Duluth, and a ports from Dec. 21, 1885, to the present time, inclusive, for
four years, show as follows:
fall of snow which removed apprehension of danger to the
1885-36,
1884-35.
1883-34.
1881-33.
dcHie for export,
and
local millers
fall-sown crop, gave a downward turn to speculative values
until near the close of yesterday, when a partial recovery was
made on a demand to cover contracts, growing out of more
favorable foreign advices. The business for export early in the
week was mostly
ungraded and "posted" red winter, but
local millers bought largely of choice spring growths. To-day
there was little doing either for speculation or export, while
city millers appeared to be in no urgent need, and prices, were
in
barply sustained.
OAILT ClXJSraa PBIOBS OF HO. 2 BED WIKTBB WHEAT.
Sat.
Man. Tue*.
Wed. Thurt.
,
In elevator
92
9113
91^3
9mi
Janoary delivery
9US4
91%
90>4
90
90%
Jebniary delivery
9ll58
91'8
91»9
91»4
9l3|i
March delivery
94%
92^4
93
93% 93
April delivery
May delivery
June delivery
197
97=8
95'4
94%
97
88
96ia
94ia
90i8
....
97
9458
9t^^
97*4
Floor... ....bills.
320,314
413,789
327,328
529,911
WTieat-. ...bash.
280,357
2,501.335
1,320,3H0
461.004
67,690
619,389
1,836.556
6/7,876
260,337
51,908
564, Jia
1,834,178
652,097
233,874
57,13i
646,328
2,619,283
1, 00 1,7a 2
42S,337
73,210
4.630,720
3,326,068
3,381,499
4.81i,950
Com....
Oats
Barley
Rye
..
....
Total grain....
Below are the
shipments from Western lake and rives
rail
ports for four years:
1866.
1885.
1884.
1R83.
TTeeA;
Wetk
Week
Week
Jan. 2.
189,878
Jan. 3.
2j7,720
Jan. 5.
147,885
Jan. 6.
266.747
180,521
1,202,932
316,778
914,361
36!>,172
.
128.704
22,657
269,273
9j1,885
336,6^3
11 ,523
32,90 7
231, 27 &
1,174.272
770,287
229.906
33,976
lotal..^....^ .........
^399,625
1,751,675
1,637,216
2,119.»a>
Flour
-bbla.
Fri.
9114
SOU
WTieat..-._
Com...,
90''8
Oats....
92%
94i«
„
bosh.
Barley
Bye
478,7.iS
!i01..i39
31,314
95'^8
96%
.
THE CHRONICLE.
68
The rail and lake shipments from same ports for
weeks were:
Week
ending-
FInur,
TVIieai,
Corn,
Oats,
Barley,
bbls.
hush
bush.
busli,
b'tish,
l,72f>,102
I;ec.l2,'85 14 3,391
119.833
215,413
151,155
774.933
1.115.739
1,601,708
4 w.
60.'-.'.887
64fi.955
4w'ks'85.
935,534
1. 286.170
5.218,782 2,57).24rt
4,584.380 1,721,741
Dec.l9,'8.'i 14?,1.'>2
four
bush
229,900
231,098
258,008
261.139
35.97i>
;980,15l
135,023
87,630
778.480
541.900
I(i0,=i24
Jan. 2. '8fi 189,878
Deo.26,'85 1 30,466
Tot.,
last
*i67,.'i97
583,263
31.714
30,367
37_,871
637,490
flour and grain at the seaboard ports for the
2, 1886, follow
Kye,
Barley,
Oafs,
Corn,
Wheat,
Ftour,
The receipts of
week ended Jan.
At—
New York
bush.
bbls.
Newport News
Ricbmond
New
975
11180,500
. .
Onrai
Oniake
I'oi.
t
bush.
936,627
Baltimore .....
Minneapolis
St. Paul
Down Miss
Tot.
TtR.
Tot.
Tot.
Corn,
Wheat,
bush.
2,399
173,965
1.364,608
6.216,751
1,200,000
197,0C0
Barley,
bush.
Onis,
bush.
49,591
151,840
87,843
947,954
129,153
93,650
44,139
3,799
523,470
7,193
809,000
2,131,000
Jtye,
bush.
52.885
2.000
7.562
8.974
19,000
201,000
774.819
Jan. 2. '80. 58.645.325 10.255,337 3.419.251 2.393.703
815,075
Dec. 26. '85. 5S. 431. 813 8.320.695 2.880.968 2.327,152
Jan. 3, '85t 43,366,972 4.751.497 2.347,370 1,751,901 537.221
Jiio. 5. '8 It 35,500,534 20,120,133 6.103.436 3,273,832 2,672, TOR
Jan. 6, 'fcSI 21,315,550 9,229,141 4,125,583 3,001,030 1,541,978
MlnueapoUa and St. Paul not included.
*
Dec. 26, 1 384.
THE DRY GOODS TRADE.
425
5,224
15,000
5,932
5,585
4,500
Orleans...
1,800
£68.060 10,1,625
600
170,537 10,150
4.000
"i'iO
1,550
5,300
3,600
87,925 85,200
10,600
25|l02
at—
Indianapolis
Kansas Cat7
bilsh.
bush.
bush.
biish.
30.250 1,04H,2<!3
10.496 227.894
8,5:i7
91,742
700
38.950
36,027 308.424
28,269 513.635
113,408
68,703
Boston
2.916
Portlantl
2,418
Montreal
Fhlladelplila.- 21.194
31,337
Baltlmorp
In store
.Peorl^,
XUI.
(YOL.
Friday, P. M., January
8,
1886.
Although the market for dry goods has licked animation
158.114 2.375.055 581,154 202,525 17,455 the past week, it is probable that rather more than average
Total wePlt... 215.431
503
14
82,725
242,111
1,390,156
530,026
219,198
'85..
-week
Cor.
business for the time of year was done in the wholesale
The total receipts at the same ports for the period from Dec branches of the trade. There was a very considerable influx
four years'
81, 1885, to Jan. 2, 1886, compare as follows for
of the country,
1882-33- of package buyers from various sections
1883-54.
1884-85.
1885-S6.
663,178 whose purchases, though individually light, were fairly satis544,€0d
426,631
405,153
FlotiT..... ..bblp.
The commission houses continue to
2,090.779 factory in the aggregate.
474.657
1.017,475
287,015
btisli.
Whrat
Com
4,5.'.8,591
2,853,336
1,546,578
2,839 098
Oats
9.i4,885
t)63.097
523.077
8,'>0,7B4
298.663
24,372
192,310
21,072
295,7.i0
80,750
173,153
29,536
5,123,526
4,777,290
2,920,812
5,983,330
Barley
Rye
Total grain
...
several seaboard ports for the week
1886, are shown in the annexed statement:
The exports from the
ending Jan.
Exports
from—
tfewYork
Boston. ..
Porllnnd.
Montreal.
3,
Rye.
Peat.
Bush.
Bush.
Bush.
Bush.
728,3 i4
15,3 45
8,i37
126.<l74
9J,26n
41.952
91,742
1,946
25,750
452.851
180,500
2,500
5,183
500
219
3,-5
50,000
N.Orl'ns.
P.lclim'd
Oatg.
Bbls.
Corn.
Bush.
66,025
Piiilailel..
Ealtira're
Flour,
Wheal.
3,109
10,523
1,593
3i,88'2
......
33
......
3,375
.
Total w'k
mo timt
18^5.
133,907 1,605,471
145.440
14,550
790,130 1,373,357
190,105
51,857
33,475
8
27.223
17,637
We
add the
The destination of these exports is as below.
cun-esponding period of last vear for comparison.
make
considerable deliveries of spring goods, as clothing
woolens, prints, ginghams, seersuckers, white goods, dress
fabrics, hosiery, underwear, &c., in execution of back orders,
and fair quantities of imported goods were also shipped to
markets on account of previous transactions. The
jobbing trade was generally quiet as regards the distribution
of assorted lots, because retailers have been using every endeavor to reduce their stocks of seasonable goods to the lowest
possible point, in view of the " stock-taking " period, and it is
yet too early for buyers of this class to begin operations in
spring and summer goods. The tone of the market continues
steady, and while some descriptions of staple cotton goods, as
print cloths, cottonades, &c., have been slightly advanced,
there is a strong probability that heavy domestic woolens will
be opened at considerably higher prices than last year, because
Raw silk also has appreciated
of the increased cost of wool.
Eo steadily the past few weeks that silk fabrics are likely to
command better pricis in the near future than for some tiaie
interior
past.
Exports
week
lo—
lor
Bhls
Week,
Jan. 2.
Bbla.
Un.King.
98,4-)4
143.527
Contln'nt
e.iStC.Am
406
.5,263
13,433
21,991
26,955
9,900
3,515
855
W.
Indies
Brit, col's
Otli.c'n'ts
10,14,9
Total-..
145,440
18P5.
Week.
Jan 3
1886
1885.
Week,
Jan. 3.
1886.
Week,
Jan. 2.
Com.
Wheat.
Flonr.
190,105
Bush.
97,837
42,0.0
Bk«A.
2.1.232
539,148
1886
Week.
Jan. 2.
Week,
Jan. 3.
EUHh.
Bm.vA
807,333
78 1,2 13
929.826
413.896
5,2,^3
10,781
4.625
9,343
2,319
2,'t50
l,17u
131,907
790,430 1,805.471 1,373.357
By adding this week's movement to our previous totals we
have the following statement of exports this season and last
season:
Wheat.
*T«ur.
1885-80.
Bx^ortt to— iVQ. 24
J.in.
to
2.
BhU.
Cn Kingdom
Continent..
18f4-8).
Awi. 25
Jan.
l!«-5-S6.
to /lufl. 24
:i.
Bbt:
Jnn.
til
2.
Bufh,
Corn.
18S4-,S5.
Aun. 25
Jiin.
tn
3.
Bush.
1885-88.
18t4-83.
Aug. 24 to Aug. 25 t,
J.m. 2.
Jitn. 8.
BMh.
—
The exports of domestics from
during the week ending January 5 aggregated 5,643
packages, incluiling 2,136 to Great Britain, 1,701 to Aden, 510
to British E ist Indies. 270 to U. S. of Colombia, 186 to Argentine Republic, 180 to Venezuela, 121 to Santo Djmingo, 102 to
The demand for plain brown and bleached cotto i^
Chili, &o.
was comparatively light, and colored cjttons were mos ly
quiet in first hands, but prices ruled steady and unchanged.
Cottonades were fairly active, and prices fo.' leading makes
were advanced from 2% to 5 per cent. White goods, scrimcurlains and table damasks were freely distributed by agents
on account of back orders, and desirable makes are firmly
Print cloths were in fair demand, and advanced sharply
held.
in the latter part of the week, the market closing strong at.
Prints continued in
3 3-16C. for04x61sand 273C. for 56x60.^
moderate request, and there was a good, steady movement in
dress ginghams, crinkled seersuckers, cotton hosiery and spring
under w'?ar.
Domestic Cotton Goods.
this port
1S85
Buah.
1.573,010
2.rr9 1,020
4.023,532
11.206,501
12.34(1.010
6.867,101
48,474
311.779
353.014
19.1.4411
2,303.830
12,802.311
4,803,098
1,349,587
280.784
2,70i(
84,903
4,107
705,03a
132,823
38.017
25.233
4£2,s82
81^3)6
Domestic Woolkn Goods.— The market for clothing
woolens has developed few new features of interest the past
Brit. Ck)l'nle8
276.270
293.732
25
148
40,729 week.
Light-weight cassimeres and worsteds were quiet in
Otta. conntr'B
11,884
13,328
16,3!!
16.718
58,249
demand, but agents continued to make liberal deliveries on acTrttRl
2.574.5qT
S.lti4.B.")o
.317 320 24,000.5-34 17.500.;30
8,»*S3li
count of former orders, and prices remain firm. Ovtrcoatings
The visible supply of grain, comprising the stocks in granarv
were more sought after by clothiers, and some fair orders were
ftt the principal points of accumulation at lake and seaboard
placed for next season at an advance upon recent quotations.
ports, and in transit by rail and water, Jan. 2, 1886 :
Satinets were a trifli more active in some quarters, and there
Wheal,
Com,
Oats,
Barley,
Jiye,
bush.
bush.
In tlore at-~
bush.
bush.
bush.
was a moderate bu3ines^ in Kentu3ky j^ans and doeskins.
9,503,097 1,210,096 1,121.902
Kew York
106,025 115.970
1,304,000
197.003
Do afloat
8.H0O 326,300
99,600 Cloakings ruled quiet, and there was a relatively light demand
2,000
All)any
45,000
40 000
50,000
tO.O iO
but Jer4,r02,377
Bull'alo
152,169
5,976 283,103
32,581 for ladies' clutln, tricots and soft wool dress goo Is,
532,207
Do afloat.
68.753
sey cloths continued in good request and firm with an upward
14,536.648 2,504,930 270.531
ChlcaKO
228,606 311,111
47.0t0
Do afloat
tendency. Worsted dress goods were not active, but there
3,7.i7,438
MllwaukPe
ISO^OOiJ
11.172 was
a fair movement in some descriptions on account of
47,'
Do afliat
J
Dulutii
5,?40,445
former
transactions. For flannels and blunkets the demand
124.."i21
Do afljat
2.395, M)8
Toledo
72,196
6.711
10.480 was chitfly of a band-to-mouth character, but prices are
Detroit
2,192,303
81,654
64,4l2
3.S67
272 steadily maintained. Carpet were in moderate requtst and
Oswego
Ii78,0i)0
113,010
580,700
5.300
Bt. rx>ul8
2,1;04.038 1,243,900
179,101
119.0W9
19,720 firm, and there was a light business in heavy underwear and
IST.ooO
'Mncluuati
12.000
25.000 107,000
51,001)
* -ioiitfln
'J'-G.78((
210.250 373.014
f-2,h88
450 knit fancy woolens, but wool hosiery ruled quiet,
;;. .21 I
•••••lait'Tto 15 ,,64.i
Fonxiax bllY Good.-; were in lig it and irreguUr deniinl a';
1^''
••
«•!
:M.:-^:a'^
5
&C. Am..
West Indiea
B.
138,813
i
•
3Tl,'.'jj'
Z
l,;.',JJj
11. 67.1
3
'.
31,
lij.
'...ui
J.-i,
'nl
t.io j
'olji.ij
Uaic
ill '..!:a ;;0
;:;ccli
Ji rt;-unu-d
:
jAmiRt
——
;
([^HttONlGLE
TJ^t:'
9, 183e.J
Fair deliveries of dress goods, hosiery, worsted co«twere however made by importers in execution of
Silks are somewhat more firmly held because of
baclc orders.
the recent advance in the staple, and other foreign fabrics of
a desirable character are generally steady in this market and
quiet.
infcs, Sec.
.
,
abroad.
69
Bxyort* or LeadliiB Artleles of Donteatle Prodaee.
The following tabic, based upon Custom House returns,
•hows the exports from New York at all leading articles of
domestic produce for the week ending with Tuesday last; also
the exports for the years 1885 and 1884
:
Importations of Drr Goods.
of dry goods at this port for the week
ending Jan. T, 1886, and since Jan, 1, and the same facts for
the corresponding periods are as follows:
Week enftlng
The importations
Jan.
Aslies, pots
bbU,
Asbes, pearls
bbls.
5.
Iba.
222
bbls.
..bbls.
bblg.
86,603
2
4,867
89,612
Keeswnx
Tear 1886.
Tear 1884.
873
193
22,022
1,332
178
10,844
4,593,780
3,988
734,181
16.177,880
499,627
6,060,028
3,317
200,639
26,528,681
88.731
79.291
746.879
180,394
79,792
66,356
4,738,816
4,If3
113,187
26,749,998
4,424,487
2,192.831
94,265
117,474
11,804,947
51,578
BreadstulTs—
1
i
IsrsiR
11 SiiPil
? I? f:
8:
o«
f ii
iiNlT
•
:
;
'
:
;
;
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3
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s:
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ft
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:
c
;
;
o
(OM — MIO
©3JKiO*>
*» c;
:
2;
:
•
E
*
•
Cotton
t
Wool..
•
o
:
9
:
:
:
:
:
i
1
!
!
!
H
n
n
K
o
a
i
aq
>
OOo
^ *> ** X lO
MU wy»o^rf^
OL>ccQo-ctg
•f»o
^t-
ou
^o^^
K>
axxcooo
»->
J!
y»w
811k....
2
CWMW^
©.(^
l«»«>
00
ODM
!
•
iiiiir
^^M
K-^
c^l
Si
g
^i
tw ts
9 — 0'
S?:
«
ocpi
Mlaoellui
1
£
:
•
to
Flour, wheat
Flour, rye
Corn lueai
Flax...
"
«
a»
1
s
?
Il
C QL' O" to
ca
n
c
.00^
^
COtI»tOCS J3
30
ft.
00 E-
Vi
bi'-'to'-'rf*
o. t;t
03
•u>
CBOJ
5
o
y*5
X
X
— »KX
o
s?
»3
aC5
03S
bOo
M
^
^ p
--
cc
(-t*
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a
to
OS
a
-
yt-
bo
i
O
1
MM
X X 0; *"
r.
Vj^9>
a
M
to>-o*N
a
^-
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s§
tt:0
I-"
O tv 3: iJ
^ LW — 31
X
/.
r-^
•O^
Cfi«
M-M
*«0SDO-='
r'U
i^O
(-rfk*.cOtO
to
a^ CO
r
1^
tOrf^
8
O
c
>
to 10
Ml--
to
axor
O
OtOOO-'U
to
-0
ISh-
to to
oiyi
i^iffc^ro**
KM
:Ji
« 1
rO J. CO
yiOai-
M
^5^o
Maimr-*fc
H-^
to
lyt
m
M to > y
ci o 1- jB
K-t
s
tc
M
*iaxo*
— wo:
to
X cox to 31 10
J.
^ a w' to
-•
to X -Q r:
«
X
X
^ W --
II
5
•
»(^
-Tie
1
*m
—
ct
I^P-
if^
-1
M
X
«S=>
.-.*
1
-
&
-----ow
rr
1
-1
X
-1
*
.N,
H'
M
Oi
Wb3
tC
w
o
CI
W
-- WTrOCOS
M
*• X :j •- 3i
^^
Cv
X J» JD S6
^ WS
c;<
M
X
M
to
lyw^^vJcc
t-'tO
O' to
^1
OI
O «- CD
bbls.
bbls.
bbls.
Rosiu...
Tar,..;..
Pitch..
Oilcake;,..
580
172
13.6«<>
17,340
103,125
8.838
0.741
61,178,005
233, 1.73
6.673
2,129,422
92,232
168,515
661,332
43,H19
363,705,573
88.860
149,650
603,619
52,310
371,769,676
200,473
51,711
50,765
266,899,112
14,593.443
80,323.9.0
215,150.393
26.970
133,080
49,079
42,499
212,168,567
16,182,800
60,476.223
150,060,184
£0,643
32,362,362
85,340
5:,39l
6,633,389
102,013
bbls.
127
386
cwt.
46,809
gals.
gals.
gals.
gals.
gals.
9,422
Whale
Sperm
Ijarrt.-...
Linseed
Petroleum..
771
852
7,674,330
;
Tallow
leaf
bales
Tobacco
bbls.
bbls.
tiercee.
3,277
lbs.
lbs.
lbs.
lbs.
8,650,718
182,915
1,146,743
4,372.515
bbls.
225
627.745
lbs.
acco,
bhds.
'
and
oases.
Tobaoco.maniifactured.
Whalebone
lbs.
lbs.
553
8»5
1.938
1.643
333,713
'^
9
CO
M to u: to
#
^ X X CS
tc *tOX vl3S X -- X X *•
OI
OD 't
X
c.
1884:
M
a
-J*
?
New York
;
—
Jan.
given in packaeos wlien not otberwise
1884.
1B85.
Cliiua
Eartbeuw
.
Glass
Glii^swarft.
G lass plate.
Coal, tons...
Cocoa,
37,.1ii:
55I.1;'-J
Buttons
.Metals,
•
38.03i;
0J.'2o5
!).0fi6
10,..73
47.-2i4
gpeciflcil.]
1883.
Jte.—
70.118
1881.
Ac—
41,4B6' Iron. piK...
3G,4b6|i " RK.bars
771. 20-^! Lead, pi^s.
S7,731
10. 7< 8
43,551
i
Speltei', lbs 2,S79,.ii«l
10,3131' Steel
2.:U4.877
10,540 Tin, boxes. 2,010,8fi9
62,84i; Tinslb8..1bs 22,111,!I35
61,.13a, Paper stork.
351,190
1
j
Ii8.245
9,422
41.457
4.43 1.9 .-3
1.866.417
1.9;9.201
21,774,514
308,572
l«a_'>.
.=)8.547
Cufft^e, Iku-.
3,3J0.118
3,061,405 l8uf?ar,lilids,
Cotton.bale;
ti,3ao
S.blti; tes.,&blil».
Su^jar, boxes
S40.230
9.686 aiidbass...
32,2.)5iTea
6,'i3l,2l.T
n.041,.->93
1,214,!>25
10i(,lio
1,091,873
aO,435
Unigs, <iie—
Bark, Poni.
».131
Blea. iMiHd.
3.,,ot8
Cooliineal..
Gaialiier .
1,9:8
.
Gum. Aral).
lutli'^o
48,487
3.-47
C,98i
Madiler, ic-
45d
OUve..
Oiiium .. ..
70,131
1,"83
Soda,
\>i-v,>.
10. 7U!)
6oiia, sal...
Koda,
Oil,
asli..
Flax
Furs
clotii
Hair
Bides,
kc—
.
.
<'Titl<>rv
I'iit.:. jT-j..
112,57,
81,513
2i>.-i,749
bbls.
Turpentine, crude
Turpentine, spirits... bbls.
bbls.
Rosin
bbls
Tar
bi)Is.
Pitch
pkgs.
Oil cake
Oil, lard
Oil, wluile
I,07o.n9l
Beef...
Cutiueats
Butter
Cheese
7.323
l.»i4b
3,101
47<f,3s,
:2,!Ut-
l,021,6«ii
1,521,410
1,721,016
],4 73.0i>4
Nuts
Raisins
3,22(1,7 17
2.2;i 1 ,'i05
ll>,i;.(i.707
..
..
Pepper
l.Ol.S Saltjietre ...
82,310
WoikIs
—
•
,^,•3
OS
L/inweoc
l(>0.«i20
1,(16(1.8^2
2i;8,t90
l,.'-,2.(,lil2
61,0,591
237, Sgl
26.>,104
1,179,174
280,956
..
:3i'.!,\'alio,;i,i..v-.
(..r.,
<
i
201,100
135,040
3,434
52.774
3,607
13.008
1.084
2,2S2
3.013
89,430
6,031,718
:-0
1.309
24,208.243
681^,182
38.074,224
26,210,208
8,7; 0,090
304,^:^0
l,2tO,>.38
73,297
874.0 i8
96,304
126,851
767
6'i,932
1.68.1
48,739
10,242
I48,2a0
2X)48,4oO
279,390
2,430
84,690
1.38
Tear 1884.
4.567
66,792
6,06O,2U
201,793
36,527,425
4,282,992
19.511,087
18,121,083
fe,537,0U
263,472
l,083,s52
60,304
100,679
195,741
151,871
69,188
111,983
3,127,621
366,198
324
90,230
1,361
305
6,5(.2
bags.
3,213
134,853
99,634
pkgs.
pkgs.
pkgs.
pkgs.
pkgs.
2,453
183,053
43,815
980,661
1,732,163
2,193,311
97f,097
111,175
34,307
683.293
slabs.
pkgs.
blHs,
hhds,
pkgs.
boxes
»fc
cases.
065,740
Tobacoo
hhds.
bids.
bales,
11 (1,318
Wliiskey
Wool
23,716
483,684
5,992
kegs.
No.
pkgs.
Sugar
Sngar
Tallow
.::..4-6
401
30
1,131
tcs. <febbl8.
Kice
Spelter
Stearine
:u',i;--4
2,280
79,270
36.3,834
620,069
bills.
Hogs, dressed
(0
1,953
78.028
324.1 (i7
24,;i37
galls.
Eggs
Lard
Lard
:ii2'
76
661
2.338
12,921
bbls.
Peanuts
Provisions—
Pork
Tobai'co
831.391
103.10-
Corlr
Fu.stio
"'<
1,8 2.283
l,2'.).!,yoi
l,69(;.l.-.9
Uinijer
3.01':
I.4Hi-
4,ni'
$
$
2,390 'Hides, uudi-. 16,417. MiM
7.447 Kiee
l,lii5,7tS
81,0C2 Spices. &c.—
2,028. Cassia
14r,.l!2
Je\fclry,4:,;-
Wilt, -lies
176,781
605,7.30
Tear 1885.
ores-
l,ti81,SS7
3i8,3a8
bales.
bales.
Molasses
849,170
3ii3,a«;
bags
No.
Lead
l,032.7i;s
.
bags.
sides.
pigshhd.s.
bbls.
13,935 Fish
15.113 Fruits, &o.—
3.093 l.eiDons ..
12,723 Oranges ...
2,1174
oil
Leather
77,-.(;8„Faiiey goods
{<1,1S7
Slolassea
Motals.it'.--
bush.
14,4.J1
India rubber
Ivory
.
207.(!29
218. li 7
93,079
0.948
22.000
1.800
bales.
bbls.
Hops
SI
bbls.
bbls.
bush
Cotton
Cotton seed
Flax seed
Grass seed
Hides
Hides
Naval
21
2,302
bush.
busi.
bush.
Corn
Oats
Barley
Peas
5.
bbls.
bbls.
bush
S»i,>'37
3,l,5fi
Jc\\**lr\- ..
I)a8l(et8..
316; Wines
meal
Wheat
Rye
1,701,487
Bristle-o ..
BMes, dr'sil
.
1
Com
Muliisses
602,904
31,151 Wines, &o.—
4,64 1 Cbainp'sme
«,10i.
Breadstuffs
Flour, wheat
30.753
2:;,88ii
Bemp, bales
Tobaeco
Ashes
Beans
C5,54l! Wool, bales.
Oul, lieimrkd by
9,32.=.
Tulue.
22,54 3, Cixars
17,.VJ-1
Oanuy
1
2,401'
131,305
69,489
8,826.603
1*0,922
The following table, based upon daily reports made to tho
Produce Exchange, showa the receipts of leading
articles of domestic produce in New York for the week ending
also the receipts for the years 1885 and
with Tuesday last
'
The following table, compiled from Castom House returns,
showi the foreign imjiorts of leading articles at this port for
the years 1833 and 1881
C'liiua,
2.3,244,323
Receipts of I^eadlns Articles of Domestic Prodaee.
?
Week ending
la
9..339
Oils-
Imports of Leadius Articles.
[The quantity
700
145
1,461
bills.
>•
»
-IJlX o-o
XIO-J
1,001
Spirits turpentine
a
'
•n
— ^ — <|
X - - to
-ji
OW
CO — y«
CJiif^XOOO
»-^
•J
WOi
:>»
fci
1
to
^#.^-tC#.
o*-j*
t-»M
r,3
* cOQD — I—
KH-*
bales.
bales.
Hay
Hops
r.0.363
69 -1.010
135,783
78,753
56,597
00
00
M
•-•
CO
CO
.•S.H43
t.T
--i
1^
Ccw«.09
307
18,944
pkgs.
Naval Stores—
Crude turpentine
>
—
as
Vi
90
«»
tons.
bales.
Coal
Cotton......
IHHuestios
Butter
Cheese...
Lard...
Rice
;
s^l'^
5
,t.
w'i
....pk(?8.
biisb
..
2li62
3.514
740,923
1,913
Com..%
Caudles..,.
Pork
Beef
"t-QO
,*>.
>
bush.
bush.
bush.
bush.
Beef...
Cutiueats
M M
»-•
bush
Provisions
00
00
OI
X
—
>-
s;
»-•
A
^
7
2
n
r
M
O: Oi to 01
*-
pi
1
X.
^
OT
H
S
§
Xo
f
riDixODOs
-j!«
*.
JO
—
g in
M
X
WM
rc ic
m
o
t3
TO
PI
CDWH-COW
ci-^
IC<J
ffiOStOOrf*
5"
>-»
QDr-»
Wliei^
Kye
Oata..,
Barley...
Peas...
248
27,031
21,361
24.274
6.3S3
13,983
4,526
438
2,S16
182
227
1,114
1,116
1.720
1 ,292
3,583
1,725
Sl'0,035
198.9(>9
52.(i76
86.392
150.721
21,743
3,682
12,4 60
66.9.
139,919
142,040
267,137
177,017
1,386,834
2,464.837
849,737
308,639
183,397
66,807
79.793
121,190
84,951
14,732
19,615
57,2S0
1JS,138
107,254
346.323
l(;o,93a.
.
!
THE CHKONICLE.
'^tw %mXuu& 'gnvLkiavB.
70
©atia^tati Satxfejers.
AGENCY OF THE
Cobb
Brewster,
&
OF
North America,
Buy and sell Sterling Exchange and Cable Transten. Issne demand drafts on Scotland and Ireland
mlso on Canada, British Columbia, San FranciBCO and
BANK
BOSTON STOCK EXCHANGES.
AI.SO,
Dealer* In nnnlclpal, State, Railroad
and ITnlted Statea Bonda.
LiuiTiD, avallabH la the Brazils, Blver
Plate, Ac.
BUla ooUeoted and other banking business transD. A. ItCTAVlSH, .gents.
BOMd.
I
OHABLBS H. SHELDON jB.
JOSHtTA Wn-BOtlB,
BINJAMIN A. JAOKBON, WILLIAM BINNIT, JF
BANKERS AND BROKERS,
OF CAIVADA.
$5,725,000 Paid U^
• $1,375,000
Prarident, ANDREW ALLAN, S!89±,„„„„„ „
Vloe-Presldent, ROBERT ANDERSON, Kso
Capital,
Bcserre,
OFFICE, MONTREAL.
PROTIDEWCE, R. I.
The New York Agency buys and sells
Sterling Exchange, Cable Transfers, issues Credits ayailable In
all parts of the world, makes collections in Canada
payable
and
issues
Drafts
at any of
elsewhere,
ana
0ie offices of the^bank in Canada. ICyery description
of foreign banking business undertaken.
Samuel G. Studley,
JOHN
B.
HARRIS.
No. 4 Ezcbanse Place, Boom No.
-
H.
D. R.
•.-•.
HOWLAND,
8.
HEAD
Prest.
-
-
WILKIB,
Cashier
Llo^>f°Barn«?°s*rBos
^auafs Bank liSitPi
"6TLomLr"dStr?el^
B^^
-
-
C F. BMITHER8.
W.
J,
No.
59 Wall Street.
S9
Horn.
&
"WicsUvu
61 ISTALL STREET.
WAMTIB WATSON, Agents.
I
Btorling Exchange, Francs an Cable
Transfers; grant Commercial and Travelers* Credits
arallable In any part of the worldi Issue drafts on
and make oollectloas In, Chicago and throagbont the
Dominion of Canada.
Offlea,
Wo. aa Abchnrtli Lane
&
Gzowski
a
Buchan,
STOCK AND EXCHANGE BROKERS,
TORONTO, CANADA.
Stocks and Bonds. Stirling Exchange, Drafts on
York bought and sold at CURKKNT PRICES
&
A Co.
Sons,
Dickinson,
....
-
GOIiORADO.
have on hand and for sale flrst-class County
Bdnds and other choice securities. We
f^chool
recommQnd to conservative investors our
Rti;ALE8TATELOAN>on Improved City and l-'aim
Properties. These have been made by us after risid
iDvestlKation of Utie and values, and can be transferred at once, (ttrrespondence solicited. Highest
references East a^d West.
especially
K8TABLISHKD
P.
1871.
&
Keleher
F.
Co.,
SOB OLIVE STREET. ST. LOUIS,
Dealers In ITestern SeenrlUea.
Defanlted Bonds of Missouri, Kansas and Illinois i
Bpecialty. Good Investment Beonrltles, paying from
lour to eight per cent, for sale
.
Chas. H. Potter
&
Co.,
INVESTMENT BANKERS,
COLLECTIONS MADK,
CLEVELAND, OHIO.
^Itilatlelyltta jlaufejerg.
TOWN. COUNTY AN'u'ciTy^ BONDS.
LAKE SUPERIOR IRON MINING STOCKS,
AND STREET RAILROAD SECURITIES
"l^- ,?°'"'8' } STATE BANK. »C. T. WALEBB
Hew
President,
Narr & Gerlach,
Incorporated
Cashier.
9 4.»KERS AND BROKERS, German National Bank,
437 CHESTNUT STREET,
i
ilo.
|Cembeix.«f the Phlladelphln and
Exchanges.
Cable
Trapfl&ers, Bills of
New York
Stock
Exchange and Letters of
Credit.
_
J08. M.
Jos.
8EOKMAKIB.
Capital (Paid in)
•
-
-
-
$300,000
glTen to all business in onr line.
S™?"^***®"*'""
N. Y. COKRKSPONDENT8.— Imoorters' 4 Traders
National Bank and National Bank or the Republic
W.
Porter,
Corporation, Transportation and Commercial Law.
References:—The Trust Companies. TheNatlonal
Banks and Railroad Companies iu Fhiludclphla, and
the Judgeaxjf any of the Courts.
M. Clarke,
ATTORNEY AT LAW,
Fabius
TOPE K A, KANSAS.
Commercial and corporation law and muuiclpa
bonds, specialties.
Kkfeuencbs: Hon. D. J. Brewer, U. 8. Circuit
Judge; Corbln Banking Co., New York; Eaaters
Banking Co and Gen. F. A. Osborn. Boston, and tbt
Rank of Topeka. Tnpeka. Kansas
E.
A. Angier,
Attorney and Counselor at Law,
ATLANTA, GEORGIA.
PRACTICES IN ALL THE COURTS,
Corporation and Contmercial Law a SpeeialijftJ. Field and Wm.B
Supreme Court, Waahlnaton. D C.
Refers to Judtres Stephen
Woods
U. S.
M>UZLVisUips.
ONliY
Direct Line to Francer
GENERAL TRANSATLANTIC CO.
YORK and HAVRE.
Retween NEW^
Prom Pier (new* 42, North River, foot of Morton 8t
Travelers by this line avoid both transit by Knjjllsh
railway and the discomforts of crosainK the Channel
In a small boat.
AMERlgUE. SantcUl
Wed., Jan. 13, 10 A. M.
CANADA, De Kersabiec
Wed.. Jan. 80. 5 A. M.
LABllADOR, P. d'Hauterive...Wcd.. Jan. 27. 11A.M.
ST. GERMAIN, Traub
Wed.. Feb 3.5 A.M.
Prick or Passage (including wine):— To HavreFirst cabin. tlliOani *80; second cabin, »B0: steerage. 122— includinK wine, bedding and utensils. Return tickets at very reduced rates. Checks on Banqne
Transatlanttque, Havre and Pari8,in amounts to suit.
Special Train
from Havre t» Parla.
The Compagnie Generale Transatlanttque delivers
Its office in New York special train tickets from
to Paris. Baggage checked through to Paris
without examination at Havre, provided paasenseni
have the same delivered at the Company's tfooKla
New York, Pier 42 North Kiver, foot of Morten 8ll«
at least two hours before the departure of a st^
at
Havre
LOUIS DE BERIAN, Agent,
No. A Bnnrlins Green.
BOBIBT M, jAtTSMT.
M. Shoemaker & Co.
BANKERS AND
Ho, IS4 SOVTH
ISTB. (
LITTLE RO€K, ARKANSAS.
PHILADELPHIA.
President.
Philadelphia, Pa.
fnr-
INVESTMENT BANKER?.
DENVER,
Buy and sell
liondon
William
gatiti^rs.
Hay den &
We
ALIX'B LANS,
and Information
TRANSACT A GENERAL DOMESTIC ANL
FOREIGN BANKING RITSINKHS.
and
OFFICE,
BRANCH,
Attorney and Counsellor at La-w
No. 623 WALNUT STREET,
BALTIMORE,
Presif ent.
BUCHANAN, General Manager,
P.
FRKn. R. gcoTT. Vlce-Pree't
THOMAS
BANKEBS,
SOL'TU STREET,
7
In
913,000,000, Gold
$6,000,000, Gold
WSW YORK
JOHN
QLTOfN. Cash.
BRAIVCH &. CO.,
BANKERS AND COMMISSION MERCHANTS,
Co.,
SOUTHERN SECURITIES
Robert Garrett
Bank of Montreal.
-
and
N. Y. Correspondents— MoKlm Brothers
I
bv draft or Nfiw York-
-
RICHinOND, VIRGINIA,
Collections made on all Southern points on best
terms ; prompt returns.
;
BALXimtORE.
In
Promptest attention paid to oolleotlons payable
CAPITAL,
SCRPLUS,
MERCHANTS' NATIONAL BANK,
^ttotnc^s.
&
aisned,
any part of Canada.
ApproTed Canadian business paper dlsoonnted at
the Head Office on reasonable terms, and proceeds
r«mltt.««1
MOBII^E, AliABAinA.
Circulars and information on funding the debtav
of Virginia and North Cantlina free or cost oneeighth per cent charged for funding. Snilthcrn Railroad and State and City Bonds bought and sold.
of Baltimore Stock Exchange,
INVESTMENT
New York:
»" MONTRIAL
Agents
I
Co.,
Special attention paid to collections, with promDt..
remittanoes at current rates of exchange on day of*
payment. Buy and sell State of Alabama and CUt'
of Mobile Bonds.
Correspondents.— Bank of the State of New York,
New York; Louisiana National Bank, New Orleans
Bank of Liverpool (Limited). Liverpool.
BANKERS AND BROKERS.
Members
Correspondence solicited
Port Colbome, St. Thomas, Ingersoll
Welland, Fergus, Woodstock^innipeg, Man
Brandon, Man.. Essex Centre, Ont.
Dealers in American Currency & Sterling Bzotaange
&
BANKERS.
peeialty.
Bt. Catharines,
$300,000 00
^alttmore gaukcrs.
«1,S00,000
9480,000
OFFICE, TORONTO.
BRANCHES:
-
RICUinOND, VIRGINIA.
BOSTON, MASS.
Imperial Bank ot Canada. Wilson, Colston
CAPITAL (paid ap),
SURPLUS,
4,
MEMBER OP BOSTON STOCK EXCHANGE.
Agents.
JB.,
-
Thos. P. Miller
JOHN F
COMMISSION STOCK BROKER,
61 Wall Street.
HENRY HAGUE,
and Surplus,
Accounts of Banks, Merchants, Corporations and
Individuals respectfully solicited.
Collections promptly made and remitted for.
Will act as agent for the Investment of idle and
surplus funds of Banks or Individuals.
In our active and growing dity money is always in
demand. Our rates reasonable, (jive us a trial.
;
Dealers in Commercial Paper, Government ''and
other first-class Bonds and Securities and Foreign
Bx change.
PrlTate Telegraph Wire to New York and Boston
BANKERS:
I,OND0N, BNG.— The Clydesdale Ban* (Limited.)
MBW YORK— The Bank of New York, N.B.A.
-WEYBOSSET STREET,
£3
GEORaS HAOUE, Oeneral Manager.
J. H. PLUMMER, Assistant Oeneral Manager
Row York Agencr, No.
& Co.,
Wilbour, Jackson
Merchants Bank
BEAD
Capital
BOSTON.
parts of
all
ISSUED for use in Europe,
SIALi CREDITS
llna, Japan and the Kast and West Indies. Also,
to name of NEW LONDON & BRAZILIAN
AXIiANXA, GEORGIA,
Designated Depository of the United States.
MEMBERS OF THE NEW TORK AND
issued in Pounds Sterling
CnfcULAR NOTES the
world. COMMER-
available in
Vlce-Frea't
THE
Estabrook, Gate City National Bank
CONGRESS STREET,
No. SS
Cashier.
President.
BANKERS,
8TBEBT.
No. 63 irAI.1.
^onth&Tcn %uuktKs.
liODQWiCKj. Hill, E. 8. McCandless. A. W. Hill
Bank
British
[Vol. XLIl.
SffOCK BBOKKRS,
THIRD STBBET,
mil'APEK.PHIA.
Monthzvn
B B. BDttBnss,
Pras't.
^vtnUzics.
A. K.
Walk«u,
Cashie.
First National Bank,
K^ILMINGTON, N. C.
CoUeoUons msa« OB
»1!
parts of tha
UnlUa
8t«tt«
JOSEPH CI LLOTfS
STEEL PENS
WO RLO
GOLD MEDAL PARIS EXP0SITION-IB7B.
ScoB By'ALL DEALERSlHRoucHotrrTHC
JjLSVASt
THE CHKQNICLE.
2, 1886.J
%msuvtxace.
Vll
%nsuvwnct,
([>0tt0U.
THE
MUTUAL NEWLIFE
OFFICE OF THE
INSURANCE
ATLANTIC
R. A.
YORK.
OF
CO.
MoCURDY,
President.
ISSUES ETSRY DESOBTPTIOJf OF
Mutual Insurance Co.,
LIFE&ENDO WMENT POLICIES
NEW YORK, January 24, 1885,
The Tni8tee«, In conformity to the Charter of
tke Company, submit the following Statement
tta affatra
Aflseta. - -
Risks from
1st January, 1884, to 3 1st De-
$5,405,796 14
Losses paid dnrlng the same
$2,109,919 20
period
Ketarns of Premiums and Ex-
$787,789 40
.penses
nie Company has the following
47Blted States and State of
York
Stock, City,
COMMISSION MERCHANTS,
16 and 18 Ezcbance Place,
New
Assets,
January
1885
|58,161,925
Surplus at 4 per cent
10,483,617
Income in 1884
15,003,480
Paid to Policyholders daring
last35 years
81,073,486
1,
$8,776,685 00
by Stocks and
2,005,100 00
otlierwise
fioal Estate and Claims due the
Company, estimated at
memium
440,000
Notes and Bills Be-
oelvaole
<C«ah in Bank
1,454,959 73
261,544 65
Amount
THE SOCIETY
AND MAKES
PROMPT PAYMENT OF CLAIMS.
The United
$12,938,289 38
Btr PER CENT INTEREST on
the ontstandtng eertitioates of profits wlU be paid to the hold•an thereof, or their legal representatiyes, on
•nd after Tuesday, the Third of February next.
THE OUTSTANDING CERTIFICATES
of
paid to
tbe Issue of 1880 will be redeemed and
the hold<^ thereof, or their legal representatives, OH and after Tuesday, the Third of Febniary next, from wliieh date all interest thereon
will oease. The certificates to be produced at
tlM Ume of payment and canceled.
(OKGANIZKD IN
861, 262
COTTON BROKERS,
0. P.
BROSNAN.
FRAUCIOH, Sec'j. A. WHEELWKIGHT, ASS't SOO.
Geo. H. Burford, Actuarr.
AH Death Claims paid wrTHOIir DISCOUNT as soon
as satisfactory proofs have been received.
This Company issues all formB of Insurance, including Tontine and Limited (Non Forfeiting) Tontine.
One month's grace allowed in the payment of
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 of this company.
GOOD AGENTS, desiring to represent the Company, are invited to address J. S. GAKFNKY, Superintendent of Agencies, at Home Office.
A DIVIDEND OF FORTY PER CENT
is
Bd
By
order of tbe Board,
J.
M. OHAPinAN,
Brsixtttia.
1883.
Deo. 31,
Interest due and unpaid on Total Assets,
ber 31. 1884. NONB.
Edmund W.
Corlles,
James Low,
David Lane,
Robt. B. Mintnm,
Charles H. MarshaU,
William Bryoe,
'Oordon W. Bomham,
A. A. Raven,
John Elliott,
James G. Do Forest,
Wm. Bturgls,
Bemamln H.
Field,
Low,
Horace Gray,
William E. Dodge,
WUUam H. Macy,
A. Hand,
Joslata O.
C
George
John D. Hewlett,
WUUam H. Webb,
Ottttles P. BurdsU,
JOHN
D.
Charles D. Leverloh,
Thomas B. Coddlngton,
Horace K. Thurber,
William Degroot,
John L. Biker,
N. Denton Smith,
Bliss,
Henry E. Hawley,
William D. Morgan,
Isaac Bell.
40NE8,
CfHABLES DENNIS,
Vice-President
W. H. H. MOOBE, 2d Vloo-Presldent.
«. A.
YORK
James F. Wenman & Co.,
lil4
BATEN, 8d Vloe-Preeldent.
STRKKT, NKHy
f>KAWI.
COTTON BROKERS,
PEAPI. STRKHT,
No. 113
K>tablUta«d
(In
N. ¥.
Tontine Rnlldlns) 1S40.
FELLOWES, JOHNSON k TILESTOM,
COTTON, STOCKS, BONDS, &e.,
25 WILLIAM BTBBKT, NEW YORK.
Orderfl tn
FntnrAs" exeonted &t N. T. Ootton Hxsh.
**
JOHN
H. CL.ISBY
CO.,
A.
COTTON BUYKB8,
AI.A.
ONLT ON 0RDXH8 FOB A COMMISSIOa
®ards.
®0mmjet;cial
Decem-
BrinckerhofF, Turner
&
Co.,
LIFE INSURANCE COMPANY,
COTTON S AILDUCK
Amzi DODD,
J.
President.
]V.
.....
$38,615,319
33,857.827
2.757,491
5,411.241
32
70
62
50
In case op lapsk the Policy is continited in
FOKCE as long as its value will pay for: or, if preferred, a Paid-up policy for its full value
is
issued in
exchange.
After the third year Policies are incontestable,
except as against intentional fraud and ail reatriotions as to travel or occupatUm are
tioved.
Cash loans are made to the exte; of 50 per cent
of the reserve value, where valid assi« menta of the
Policies can be made us collateral secur-.y.
Losses paid Immediately upon completion andap
And aU
kinds of
CANTAS, FBLTINO DUCK, CAB
COTBRINQ, BAQGINO, RAVENS DDCK.SAIL
TWINKB, Ac., •'ONTARIO" 8BAMLH88
COTTON
BAGS, "AWNINQ STRIPES.
Also, Afients
DNITED STATES BITNTINO
A fall sapplr, all Widths and
No. 109
CO.
Colors, always In stook
Dnane
Street.
;
i
'-
proval of proofs.
THE KEW YORK
Moist Letter Copying Book.
(Patented November 26th,
1878.)
VNIFORin COPIES. SAVES TIITIE.
NO WATEK. NO BRUSH.
ALWAYS READY.
E. L.
FARGO,
106
President,
Co.,
COTTON BROKERS,
Policies Absolutely Nou-Forfeltable
Atter Second Vear.
Adolphe Lemoyne,
&
Geo. Copeland
Uanntaotoren and Dealers In
BurpluB(New YorkStandard)
t, D. Jones,
Oharlee Dennis,
W. H. H. Moore
I«TRKRT.
MUTUAL^BENEFIT
Assets (Market Values)
Liabilittea (4 per cent Reserve)
Surplus
..
TRDSTEESi
Tainter,
'84.
$17,187,105 00 »19,769,864 00
NEWARK,
SecreUu-r.
Dec. 31,
&
Waldron
nONTOOmERY,
te3«,149 13
1883 k 1884.
$«,111,488 00
'82.
SP1NNBR8 and BXPORTBB8.
;
PITBCIHASI
1881 k 1882.
New Insupanoa Written.... $5,664,!81I 00
for
Correspondence Solicited.
RKrKRBNCKS.— National Bank of AuRuata, Ga
Henry Uenti & Co., Commission Merchants, N«w
York William B. Dana A Co., Proprtetora CommbrCLA L A Financial Chboniclb, and other New York
Hon turn.
18S4.
Paym'ta to Policy-holders
for Death Claims, Endowments, Amiuities, Surrenders and Dividends
t47S,923 98
OOTTOM
Entire attention (flven to purchase of
President.
All the profits belong to the Policy-holders exclusively.
Ail Policies Issued by this Company are indisputable afterthree years.
C0MPABI80M ot
GEORGIA.
AIJOIJSTA,
97
1880.)
& 263 Broadway, New York.
T. H.
YORK.
Cargill,
COTTON MERCHANTS,
PKAm.
Insurance Co.
THE CITY OF NEUT YORK.
Insurance In force
deolarad on the net earned premiums of the
Oompany. for the year ending 31st December,
1884, for which certificates wUl be Issued on
atter Tuesday, the Fifth of May next.
States Life
&
Alexander
TO OUDKK
ISSUES
INDISPUTABLE ASSURANCES
IN
other Stocks
<tiOaaa seoiireU
Ngw
Post Bpildino.
Assets, viz.:
Bank and
Gwynn,
COTTON FACTORS
$103.876.178 51
,
'Pramloms marked off from Ist
January, 1884, to 31st Decem$4,066,271 04
ber, 1834
&
Fielding
BROADWAY, NEW YORK.
120
York.
and Liverpool.
LIFE ASSURANCE SOCIETY,
$3,958,039 44
oember, ltJ84
rrBmiuniB on Policies not marked
1,447,756 70
«ffl8t January, 1884
Total Marine Fremlams
New
8ELMA, ALA.,- MONTOOMKHT, ALA.
Bayera of Cotton for a Commigslon
Ordern for Future Contracts executed In Mew York
14, 1842.
EQUITABLE
on the Stst December, 1884:
ftsmlamg on Marine
Co.,
Cotton Commlwlon Mercbantt,
No. 19 SOUTH WIIiLIARI STRBBT
Rates Lower than other Companies,
OBOAMIZED AFRtL
&
Graham
Johin C.
Sole Manufacturer,
LIBERTY
ST.,
NEW YORK,
In tbe use of " This Book," the great annoyance of
water, brushes, cloths, Ac., is done away with—the
book la ready at all times to copy any number of letters at once. I'artics using same pronounce it the
very thing they want the copies are clear, distinct
and uniform.
1
Fxlces Bedaced.
Send for Price Ltot
Bliss,
Fabyan &
Co.,
New
York, Boston, Philadelphia,
BKLLma AGENTS FOR LBADINO BRANDS
BROWN
BLEACHES SHIRTING
AND SHEETINCiS,
&.
PRINTS, DENIMS, TICKS, DUCKS, Ao.
To^rels, (tnlltsjivblte Goods dc Hoalerf
Drillt,
8hteHHg$,
<te.,
for Export Trcule.
ESTABLISHED
1856.
Eugrene R« Cole^
STATIONER ANO PRINTER.
Supplies Banks, Bankers, Stock Brokers and Co"po
rations with complete outfits of Account BooIcbum
S tatio nery.
t^* New concerns organising will hare their order
promptly executed.
No. 1
WILLIAM STREET,
(HANOVER SqUARB.)
THE CHRONICLE.
vm
NEW YORK.
IjOAJ^S
MADK on ACCKPTABLB
INMAN,SWANN&Co
COTTON MERCHANTS,
Special ATTESTioif to Orders for Contracts
FOR rOTUHB DELITERT OF COTTON.
Sons,
BANKERS,
14 NASSAU STREET, NEW YORK.
Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS KECBIVED— subject to check at sight
—with interest upon balances.
INVESTMENTS and
Special attention paid to
New^ York.
COTTON, ALL QBADB8, SDITABLB TO WANTS
of spinners,
Ofterkd on Terms to Suit.
accounts of
COUNTRY BANKERS.
Gwathmey
&
Bloss,
COMMISSION MERCHANTS,.
Co.,
COMMISSION MERCHANTS,
Sontb William St., New York,
HXBCUTE 0RDBK8 FOR FOTURB DEUVERT
P. Hatch,
BBANCH0PriCEs{JS§C^>-«,V,f,'-SV^'Ji7v;«
8KCURITIK8.
&
1886.
Arthur X. Baieh.
W. T. Hatch &
0(uh Advanea Made on Ooneignmentt.
Henry Hentz
Henry
Walter T. Hatch.
Nath'l W. T. Hatch.
Stillman,
MERCHANTS,
Post Building, 16 & 18 Excliange Place
9,
'^isctll^utans.
®0tt0tl.
^attotu
Woodward &
[January
G. E. Staenglen,
PEAEL
No. 123
NEW YOEK.
ST.,
8
COTTON
COFFEE
YORK COFFEE EXCHANGE,
N£W YORK, NEW
»ttheNEW YORK, LIVBRPOOL AND NEW ORLEANS COTTON BXCUANGES. Also orders for
BtttaeNBW
and
AGENT FOB
NEW YORK PRODUCE EXCHANGE
TRADE.
CHICAGO BOARD OF
the
Correspondents
visions in
New
Co.,
LEHMAN BRO'S,
Cotton AND Factors
and Pro
BAGGING.
and
MontKomery Ala.
also for Grain
;
WARREN, JONES & ORATZ
LOUIS, Mo.
ST.
Paid-Up Capital, E. M. 6,000,000.
Lehman, Ditrr &
Liverpool
Y^ork.
Authorized Capital, K. M. 20,000,000.
;
Messrs. Smith, Edwards & Co., Cotton Brokers,
Liverpool.
Jfts. Lea McLean. New Orleans.
LEHMAN, Stern & Co.,
New Orleans, La.
New York and
COTTON COMPANY OP STUTTGART.
GRAIN AND PROVISIONS
at the
ORLEANS,
Orders for future delivery of Cotton executed la
Manufacturers' Agents for the sale of Jute Bagging
G.
&
Schroeder
Co.,
WAKE & SCnSOBDER.
COTTON COMMISSION MERCHANTS,
Successors to
Cotton Exchang'e Bnilding,
NEW YORK.
IMPORTERS OF
IRON COTTON TIES.
Phenix Insurance Co.
OF BROOKLYN,
Office, 195 Broadway, New York City.
John L. Bullard.
Hexry H. AVhekler.
COinmiSSION raERCHANXS,
statement of Company 1«( Day of Jan.. 188-5.
PLACE,
EXCHANGE
No. 40
BuUard
WheeJer,
CASH CAPITAL
$1,000,000 00
KEMBEBS OF THE COTTON, COFFEE AND
Reserve for unearned premiums
2,34*0,985 97
PRODVCE EXCHANGES.
COTTON COMMISSION MERCHANTS Reserve for \mpaid losses
2ft7.827 H7
&
office. No. 204 Chdrch Streht
Iforlc.
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 corresMessrs. L. Rosenheim &
pondents in Liverpool
Bons and A Stern & Co.; in London, Messrs. B. New-
Dp-town
:
Rass
NEW
New
&Co.
Robert Tannahill
&
Cotton Excliange Building, Tiew York
Bpedal attention
(riven to
the purchase and saleif
Future Contracta
In New York and lilverpool.
Price,
Ck>tton Brokers
B^IjGGING AND IRON TIES,
(FOK BALING COTTON).
123
NORFOLK, VA.
advances made on Cotton consignments.
Bpecial attention given to the sale of cotton to
arrive or In transit for both foreign and domeatlo
markt.ts.
Correspondence solicited.
PEARL
New
Farrar
&
Jones,
CO.,
NORFOLK, VA.
Henry M. Taber
141 PEARIi ST.,
&
Co.,
NEW YORK.
COTTOIV.
Advances made on Consignment* of Cotton. Contracta for Future Delivery of Cotton bousht and
old on oommisslon.
WALTER &KROHN,
COTTON BROKERS,
SS BEAVER STREET, NEW YORK
F. Hoffmann,
BROKER AND AGENT
HUE DB IiA BOURSE, HATJBB.
CX)TT0N
as
186
CRAVIER ST.,
New
York,
OEDERS
Orleans, La.
MB FUTURE
CONTEACTS.
P.
atJSTATUs
C.
Hopkins. Lucius Hopkins smith
Charles D. Miller.
Hopkins, Dwight
President.
BUKKE.
Sec'y Local Dep't.
HOME
Company
Insurance
OF NEWT YORK.
OFFICE 119 BROADWAY.
CASH CAPITAL
$,S,000,000
GO
Reserve for Unearned Premiums
2,839.743 OO
Reserve for Unpaid Losses and Claims.
3«9,513 4*
Net Surplus
1,030,802 84
Cash Assets, July
CHAS.
J.
& Co.,
H.
J.
1.
$"880,058 S»
1S85
MARTIN,
WASHBURN,
President.
Secretarr*
-^TNA
COTTON
COMMISSION MERCHANTS, Insurance Company
COTTON EXCHANGE,
OF HARTFORD.
YORK.
Liberal advances made on Cotton conslgnmentf.
Special attention given to orders for contracts fcr
future delivery of Cotton.
SURE, FARRAR &
ST.,
FRANCIS
Co.,
Special Attention Qivek to thb Execution
I/lberal
182 PEARIi STRBET, NE1¥
Hanemann&
$4,342,130 SS
WM. R. CROWELL. Vice-President.
PHILANDER SHAW. Secretary.
WM. CHARTERS, Assistant Secretary.
CONTRACTS OF COTTON.
OF
Reid & Co.,
& Commission Merchants
640,991 19
STEPHEN CROWELL,
Advances made on Cotton Consignments and Special
Attention given to purciiase and sale of FUTUllE
Co., Mohr,
Cotton Commissiou Merchants,
Netsurplus
YORK.
ALSO,
NEW YORK,
Obdebs for Future Contracts Executed in
New York
B. F.
ani, Liverpool.
BABCOCK&CO.
COMMISSION MERCHANTS,
17 Wrater Street, LIVERPOOL,,
Receive consignments of Cotton and other Produce.
">« Kxchanges in Liverpool
Si^,^^f "y'S ,°'i?"
Represented
In New ^t'
Yorli at the office of
SA_M'L D. BABCOCK
i Nassau Street, New York.
& Wakefield,
COTTON
.,„
And General Commission
Tuttle
Merchants,
Cotton Excbange,
new York.
a'^Tahces made on cotton consignments
oi'il®!''''attention
Bpecial
given to orders for contracts for
future delivery of fiotton.
Dennis Perkins
&
Co.,
COTTON BEOKEES,
Street, New York.
laS Pearl
eieoiitea
'*" ^""^
°°""' """ yntures promptly
Assets January 1, 1885
$9,013,517 40
unpaid losses
and re-lnsuranoe fund
Liabilities for
2,019,026 85
4,000,000 OO
Capital
NET 8TJEPLU8
(2,964,490
No. 3 Cortlandt
St.,
New
fiS
York.
JA8. A. AI.EXANDER, Aeent.
Commercial Union
Assurance
Co.,
limited-,
of london.
OFFICE:
Cor. Pine
& Williavi Sts
New
York.
@FedFRASER