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HUNT'S MERCHANTS' MAGAZINE,
RBPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL

NEW

43.

YORK, JULY
l^itmiuial.

I^itmiijctal.

AMERICAN
Bank Note Company,

—

-!-•

^1,11,1

I

YORK.

riMi«* iTM.

M4.r U.»

Mat* •( Urn <••*,

.r

Co.,

rB«ii •ncn. platmk
•Bk WKUL urMTiBM to rmitui cManmra^
l*a*i |M Fl IIB^illl i awlB^i^fcv
I

to. •( IA>

ti.l.r.

SAFITV PAPIR9.

SArCTV COLOM.
Wot* EiMato4

Tirr^r—r B.n4la».

hi

182 BrosSway, Cor. Joka 8tre«t

«. IL SNEPMH.
1 IMCMNOUM,
TOURO ROSERTMNL
«r. M. SNILUC
TNEO. H. FREEUNO. SKtyM^Tn

AAA

P.

Putter, PraaX

Wou. Caahiar.

W.

J.

Maverick National Bank,

11

AMOVBtaO*

JKo. P. TowicaaxD, 8paelal Partner.

Townsend

SOLID SILVER.

GORHAM

M't'g Co.,

BrMdwsy snd MiaetceBth Street,
AND S KAIDSa LANK.

Oo rr aapon daaea SolMtad.

The
(.

BANKERS,

ARKBRS AND BBOKBMS,
No. a Ks«liaasa o*«rt, I(««r T*rk.

BMwmm TO—
NaiBiali" Nattoul Bank and Bank of North AomtlM.NairTarkill*RbAaU'HaUaaBl.CklaMm Mat-

H. TaylopdBBvCo.,

•oD*

««

BoacU

o. s.

mM

PrtvaMvtra

<

to

New

Henry
Andrews, Adams
BAKKKRB

k Kellogg,

AifD BROKKR8,

B(a.,

flMUHU ia««lTt<l rabjaot to ehaok at alfbt, and
iBlamt aUuwaS oa ilallr balanoaa.
Ae..boaaln and
oo oonoilMlon
SMakiiBoeda.
•""'"'•
lo r^uadalpSaaadathareUlaa.
liiiiaiiiiwil

a«

SoM oa

Tblr4 and rkeatnat

PHILADKLPHIA.

pBftlealar atientioD (iT«a

iBftmMUoa
MSaoafttlaa.

raiacdlii«

Yor>. BaWliora and otter placaa

S. Ives

&

Co.,

Fred. H. Smith,
BANKER & BROKER,
No. SO BKOAD NT., NKW VOBK.

P. O,

SOX

TwaDtrnan* azpartenee In Railroad Bonda. Pndeemog to baj or eeU Unoorreat Bonda wU.

tiee

'
Btoak* booaht ta rraottoaal Ix>U or olharwlea.
aHaar far Owb or on MaiBla
r. H. BUTB, I Mamban ConaoUdatad Btook aad

a.

Ho. 18 DTaU Street,

n*.

t

BZCHANCtB OOVBT,
N««r T»rk.

lamr C Tim ra. Naabw N. T. SioM teiS.

w viva
Wroctk

laraML* Bi

OKBK.

&

&

18

BBOAD

ST.,

ALL K1NI>3 OF INVESTMENT
BONUS. M18CKLLANE008 SECURITIES
AND DEFAULTED BONrR.
CORRESPONDENCE 80L1CITBD.

opaa markat.

Gorham, Turner

York.

aold.

16

Blata, Ooaatr, Cttr and Railroad
It,
aoaalanUr on haad ftir Mia or asehaaaa, aad
attantioo (traa to tha rabjaot of loTwtfor iDiutntiooi aad traat faod*.

New

Albert Pearce,

Tiii^nl a f«n«ral hanlrtnt bulDM*. umadloc tha
Bad Ml* of •aoBilUaa UMad at tha Naw

BAinURS AND BROKKRS,

York.

Rtoeki and Bnndi Booaht and gold on Commlulon
Partlcalar att«ntlf>n Ktren to Infonnatlon regardIna lnTe«lmeot Mcurltloe.
„ ,. .
Iowa Loan A Tnul Co. • par cant Oabantaraa

pat^^

TIVKBB * WBSTOM,

New

H. Dewing & Son,
BANKERS A!VD BROKERS,

BROKER

BioalTi dapnciu rabjaet to ahaek at ilchl aad
latarMton daiir balaaan.

Patrotaea Bzebanaa.

UiKAM DawtKO. Clabk Dcwino. r. T. BuKTaooD
(Membar of New Yurk 8tock Kichance.)

HBW VOBK.

1.4M.

Tofft Sloak Bzshanca, or la tha

W. Bmra. I

bought and

BA NKEBS,
H*. t* N ASSAD nr.,

III.,

Proprietor,)

OiadaBil al Baporta.
Moderate Chanea.

oiBanioBMaA.

S, IT. Cor.

Jr.,

Lame Llbrmry of KAllniad l>ocumentA.
CoBpHant axperta.

BANKKRH,

Robison,

8CUDDER,

L.

OOLLNCnOtCS maf la wit put ot Uka wllJ
MtuWMtnUK AeeomaoftaBka, Mataiaataaaa

I

&

Salle St., Chlcaco,

Co., American

1I.WAVKBB, WIB.

L.

Agency,

Investors'

ANSWERS INQDIRIBS CO.NCBKMNO
Stocks and Secoritles

&

Bros.

Washburp,

Boaahtand Sold oa CommlMlon
fbr aaah or oa aacBla.
BpeHal atiaatloB alTaa to UnUatad Baenrttlas.
Hip artli raealTad aabjaet to Chaok at BlBht.

3S4 La

Houghton

&

BAHKKBS AND BBOKEBB.
If*. • Wall Mraat, New York.

»40O,«0*

Floyd- Jones

NKW YORK,

NTRKKT,

'MS CLAKB 8TBKKT. CHICAGO. ILL.
Cbaa J. Tomcaaan. Laniino o. WAaBBtrax

BOHTOJt.
CAPITAL,
SCKPLCa,

WALL

Mamoar N.r. Btook Rxehaoca.

trmouMme mo nn Mm nut.
MAU.WAT TirKirrn »r lapKoTCD
BLANK BOOKS OF EVERY
ALBERT «. SOOMLU^mMmL
VICS-FSUIUSK I s

Co.,

AXD

Foreign Cov«rnm«nta.

T

&

Maailian M. T. Stoek Kxcluuwa.

&

•0M08. FOSTACK AKKVKMUI STAMP*,
LKCAL TCNOCIt AMD NATIONAL BANK
NOTIS of the UNITKO STATI*: and tor
BAGRAVINi; AND PRIimNG,
BA^K ?!OTr«.«H\KKCeKTiriCATKa. NOXBa
roit bo\ > u>Mi:>Tii AJrs c*KP«KATi«jra,
DKVKTN tnrcKt. Mixa ar excNA5i«s,
AMI'S, Ac U lk> taaM m4 mm* artlMI* atr)*

I.H.Waqoonkb.

BANKERS AND BROKERS,

PORTERS,

lUC

EMCaATSM Aas Paurmrs or

BOLUXa. K.U. Ehikkon,

Frank C. Hoilins

DIAMONDS.
Alfred H. Smith

1,098.

f^ttutnciat.
r.C.

78 TO 86 TRINITY PLACE,

NEW

NO.

1886.

10,

IN

Howard

Lapsley

&

Co.,

BANKERS AND BROKERS.
T4 BROADWAY and 9 NEW STREET,

Naw

Co.,

Buttrick

York.

&

Elliman,

18 Wall Street, New York,
BANEKKS AND BROKEBS.
PIRST-C'LAMN HONDS FOH INVEST'
Lansdale Boardman,
niii.NT A SPKOIALTY.
MBW VOHB.MOHROADWAT A5VEWST. Ula BaUdlas, S< WaU St., Naw Torh tnraatore wlabinc
to Bur or Sell are Invited to oa
or eorreaponfl
TB«T, N. v., »•. 17 PIBirT NTSXn'.
CNA*. W, TDRKKB,
ACtmt O. OOKHAM.
Bar and Sell on rommtralon for Caah.or nn Marvin
Cnaa. 0. MOBLN.

HMnber N. Y. Stock Exab

all

Btoofca

A Bonda dealt In at the N. T. Stock

Ezcch

THE CHRONICLE
9aubcrs and grarocrs of

&

Morgan

Drexcl,

Cot. of Mk A Chwtaat SU. 81 Boalarmrd llaii MiDMin

DOMMBTIO AND roXMION BASKKK8.
SeeoilUM
rabtoet to r>nrt.
DmmIU rM*lT*dOOBini)»»l<

kowkt •!»* told oo
BmThIh rorclCB
fiktl*

Traattara.

•TsUabl*

In all

K»ch»nK».
Clrculu

t

__^,,.
onimeroUJ Cr«aiU.

I^atter* for

1

AND THCIB rUBRISPOKDINTa.
Draw BUI* of KichanKS on, and make Cable Tram
fen

Aoum o»

&

Co.,
Brown Brothers
NEW YORK. Boston.
Phlla.
AND
ALEXANDEB BHOWN & SONS
BALTIMOKB.

Exchange
IRBLAND, FKANCX
ON OBBAT BRITAIN ANDIIOLI,AND
8W1TZ.
bKlXilUM,
OKKMANY,
kui.an'd, NOHWAY, DBNMAKK,
8WEUKN AND aOSTKALIA.
••• Commercial 4c Tntreler»> CreUta
Sell Bills of

Trlrgraphlc Tranafers

omoner

Betwreeii thi* t^oantrjr and Europe.
AKBCOL.L.ECT1UNM OF DKAFTti drawn
all poinu In United State* and Canada.
and of drafu drawn In the United State* on

•kroad on

foreign oountrle* ;
their London boose. Meaen. BilOWN. SHIPLBT
CO., recelTe acoonnt* of American bank*, flnn*
and IndlTldnals, upon farorable term*.

wd
A

&

&

J

Co.,
Stuart
J.
NASSAD STBEET.

S3

BHia OF EXCHANGE ON

Ennland. France and Oermany.

& W. Seligman & Co.
No. 23

A.

COCNTY BANK,

"LIMITED,"

Exobange Place,

FOREION BANKERS.
BUT AND DRAW BILLS OF EXCHANGE
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
BR8' CREDITS.

COMMERCIAL CREDITS, AVADLABLII
ALL PARTS OF THE WORLD, ON
Messrs. C. J. Uambro & Son. Londoa.
ISSUE

IN

jl)xecial ItiucstmetttB.

Issne Letters of Credit for TraTolers Iron steamboat Ist Mort. Bonds.
On 8EI.I0MAN BROTnKRS,Ix)ndon.
Detroit Mackinac & Marquette Ist
SKI.IOMAN KRKRKS & CIK. Pari*.
8KI.I0MAN 4 STKTTHKIMKR. Frankfnrt.
Mort. Bonds.
AL8BEK0, GOI.DBKRO A CO., Amsterdam.
ALTMAN i. 8TETTHEIMKR Berlin.
Detroit Mackinac & Marquette Land
Parable In any part of Europe, Asia, Africa. Ao*and America.
Draw Bills of Exchange and make TeleKraphle
Transfers of Money on Europe and California.
tralla

John Paton & Co.,
BUCCESSORS TO
JTESVP, PATOW A CO.,
6* TTUUam

Street,

New

York.

Acoonnts and AlCfeucy of Bt.nk8. Corporations
flrniB and IndlTldnals received upon favorable terms
Dividends and Interest collected and reiiiitled.
Act aa agents for corporations in paying coupons
and dlTldends also as transfer ajcents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bonght and
;

•old.

DRAW OK

THE UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND

Grant Bonds.
Western Kallroad
and 2d8.
Mississippi

and

& Co.,
BANKERS

COMMISSION MERCHANTS,
22

dc

24 ExcbABce Place,

EDINBURGH AND BRANCHES;

AND

nONTAGVE ST., BBOOKLYN.
CAS STOCKS

•OS

OA8 SECURITIES,

OM MEXICO, CCBA,
KiNNEDT Tod.

Co.,

Kxekance on London, Paris, Berlin
and Zurlcb.
MADI BT CABLS.
Paris Bonae— ntJNROB * CO.

CASOrrS OPEMXD AMU Pa TME.VT8

J.

Kennedy Tod
No. 63

for Banks,

pounds sterling 4 dollars.

erican. Canadian. British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.

of

1

BANKEBS AND BBOKBB8,
Members of
DkALAHP
Hi

r

Bgr and
all

xoaaiva

New York Stock Kxctaanss
EX-BANOL OOTkKSMinrt

'

:

44 Wall
naryiu.
ar^in,

the

.

'<

iNvxeTMXxT Bond*.
i.iANH A SPECIALTY.

and

KI.
«S Ureane St., N. Y.
oo eoamleslon, for loTeatment or on
•eeatlUe* dealt In at the New York Stock

sell
i

CBBBdlan Bank of Commerce.
CAFiTAL,

J.

U.

GOADBY
JOI

IS

BtrspLtn, |i4ao,ooa

i«,ooo,oua.
ft

B. E.

WALKER,

T AGENTS.

EXCHANGE PLACE, NEW YOBK

BUT AND SELL BTEKI.INO EXCIIANUB, CABLE
TIlAMKKKRa. ETC.
IMUS COMMERCIAL CREDITS' AVAILABLE
UI ALL PARTS OF THE WORLD.

Payable SemUAnnunliy in Neiv

York or Uoeton.
For

sale

by

J.

B.

McGEORGE,
No.

No. 96

&

FOREIGN BANKERS,
Nassau Street, New York,

CO's

UNDOUBTED SECURITY.
Interest

Exchange on

Heaara. Bnreaard, Kranaadc Co., Paris

Co.,

LOMBARD INTESTMENT

BIELVILLE. EVAN8 dc CO.,) , nKnnn
'j LONDON.
C. J. UAAIBKU Ik SON,
MAKCVAKIli, KRAIISS dc COntn.o.^
{ PARIS.
IlUTTINUU^ dc CO°

Coasaerelal and lYavelers' Credlta.
BIIU of achangs.
Cable Transfer*.

W. W. Walsb

Six per Cent Guaranteed TTestern City
and Farm Mortgages.

Offer luTeatment Secnritle*.
Bny and sell bonds, stocks and securities in all Am-

Hamburc

IN.

Gko. h. Pbkntiss. w. d. Prentiss.
Member N.Y.Stock Exoh.

Bankers and Railroad

Kidder, Peabody

&

DEALT

Issue commercial credlta. also foreign and domestic

International Bank of London
(Limited), London.
Baaars. John Bereubera;, Uoaaler 4c Oo.

Unger, Smithers

Co.,

ftlLLIAM STREET,

travelers' letters of credit in

&

COKR««r«.NI<XNT» or TUX

&

BANKEK8.
Act a* Agents
Companies.

Ruckgaber,
BANKERS
WILLIAm STREET, NEW YOBK

as

AND ALL KINDS Or

Member N. T. Stock Bxch'ge

Sell Bills

Schulz

dec, dee.

AMtXANDER BARJNO.

H. O. NORTHCOTX.

laeas Clrenlar Letter* of Credit for Trareler*' Uae
Abroad asetnet Caah or Satlafaetor)
Onaiaatj of Ba-parmeol.

Bonds

Stocks and

Street Railroad

bib gas quotations in this paper.

J.

&

York.

BROOKLYN SECURITIES

AL80,

No. 32 Nassau Street, New Yolk.
No. 4 Post Ofllce Sqnare, Boston.

New

New York.

CABLE TRAMBFEBS AND LXTTEB8 OF CREDIT.

John Munroe

Tennessee Railroad "A"^
Bonds.

bills of exchange, letters of credit,
telegraphic transfers of monet

BELFAST, IRELAND;
AND ON THK

NATIONAL BANK OF SCOTLAND,

1st

Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEUT YOBK,

MANCHESTER, PAYABLE IN LONDON

VLSTEB BANKING COKIPANY,

Alabama

&

4 Broad Street,

Maitland, Phelps
ABD

"B"

of

TOBEY& KIRK,

SCOTLAND.

PAYNE * SMITH'S,
ITH,BANKERS.
LONDON
ANCHB8TBB

BANKERS,
BBOAD STBEET,

Oor.

Co.,

STREET,
NEW YORK.

New York.

tH STBULISO.

Arallsbl* In an; put of tb« world, !n FRANCS for
ts« In Marttnlqne and OnadAlolipc. and In dollanfor
aa« In thli and adjacent oountrtea.

0«ke

to,

J.

naura. J. S. nORCAN * CO.,
o. 23 OLD BBOAD 8TREET, LONDON.

Bv7 and

aU

M. A. ale
lan exn.
hlU, Eaa., Tleana.
M. da BatkachlU,

T»T«)«n.

put* of Ui* world.

Arrourrrs Ain>

IB

haehlU dc Hena, Landaa.
RectachiliT*Ac Men*. Fraak-

»
S.

&

Ickelheimer
S« TFILLIAn

part* of the World,

,

rARIS.
...

Co., Ueidelbach,

BAIfKBBS,
BANKBB8,

Drexel.HarJesACo

raiLABBLPBIA

&

ai
FlB« atroot,
No. IX PlBO
CKEDITt aTalUble
TRATKLKRS* CBBDITS.
TBAVKLKKS'
IBSna
°"
t
thronsb

NKW YOBK.
Co.,

yggjeigti |g3gcTiaiiflc,

Co., August Belmont

WALL BTRKCT, COKWKR OF BBOAD,
Dnxel *

(Vol. XUII.

20 Broad

BROADWAY,

dealer

Co., CITY

Street.

IN

RAILWAY STOCKS^

GS^^S

TRUST

STOCIiS,
CO.'S

STOCKS

TELEORAPH STOCKS,

118 Devonshire Street, Boston.

ATTORNEYS AND AGENTS OP

Bank

BARING BROS. & CO., London
COmniEBCIAL CBEDITS,

Seemyqnntatlons of Trust and Telegraph Stock*
In Saturday's Evtnint Post and Daily Indicator.

Messrs.

Stocks, Insurance Stocks..

Atlanta Sc Cbarlotte A. L. B'r Bond*,
Rlempbla&Cbarleaton RR. Bonds,
MempbU & Little Rock RR. Bonds,
of Exchange on
Carolina Central RR. Bouda,

Circular Credlta for Travelera.
Cable Tkahsfees akd Hills
Great Bsitaik akd the Continknt.

KOUNTZE BROTHERS,
BANKERS,

Nortb Carolina State

And

City, Ala., Ts,
miscellaneous Securities,

120 Broadway, Kqiiltable Bnlldlng, New York

LETTKIt!) OF CKEDIT
f'lKCI'LAK NOTES

AND

Issued for the use of Irarelers In all parts of the
world. Bl is drawn on the Union Bank of
London.
Telegraphic transfers made to I^ondon and to Tarlons
}eet to check at sight,

and Interest allowed on balanoe^ UOTemment and other bonds and Inrestment
'"""•"'
**onrltles bonabt and sold on commission.

6s,

Blrmlnsbam

Br B.

BODGHT AND SOLD
A. LANCASTER & CO.,
10 'Wall Street.

IF YOn WANT TO BUT OR SELL ANT
PUTS OR CA I.I.S ON STOCKS OR BOND»
write to. telegraph to. itend for, or call on,
k. W. KOSKNBAlJlYI.
New York
60 Kxchnngo Place,
"

Telephone

call

New 817."

,

!

July

THE CHKONICLE.

10, 188*.]

IBnnhers aud IBtroUcrs in '^cvo
H. CltC«»B UAJU.T.
WBnBl.1.
MATTtAmo C. rrma.
_ _
B. Duiwb, Waaktiurtaa, D. 0.

Wh.

R. TiiikT>Ba,8p«etal PariiM*.

Prince & Whitely,
n*. M HROABWAT, NBW TORK.

y Md

»U

il

M«Tltla>; alto OrmiD utd PtoTtHooa.
PrtTiiutW«r>i>b wuw to PbUadolpku. wiibIb*
WMklnstoa. Brtdmport. New IUt«b

iStos ud PHUMfi.

numiJB
T. CABOLuu
__
Miiftw N. T. Stock nhaai*.

W«.

&

r.

11

Oa«*.«tft Madtaoa

ohMk

ai

MM, aai

MtrkataaM*. All WoatoaM
t Um Ito* Tofk aiMk MMttumm*
«*altlBMl

'tar Cbok

&

John H. Davis

or avo*

Co.,

BANKERS AND BR0KKR8.
Do atrlrtl* <°oninl«atou HuainoMi
«>MA1N,
rr04lltl, BOMB*
with Pnrat* Wirw

«

to

&

Huestis

PIKK ffTREET.

ai

nW

Co.,

TORK.

BAMKMU AMB BBOKBBS.
CUfUMTO

*
WOOD
ordanla «B w

¥>»

Tor> gtoO

TAIMTOB.

DATIS.

UM«4*t tk«K«w

Ml lln

j
Vw&la:
j

C.

MDNICIPAIi and

SBO. H. BOLT.
i.'HnnJBB.

CIS

Taan' Mambarahlp

la tAo N.T. Stock

A

le

BROAD

19

Kzebaaat)

NEW YORK.

8T.,

rtiiaaa Inflhullnallia

aad bond«

&

Oilman, Son

for oaah or

oa

Co.,

J.

Co.,

•A.'TKBBS A!fD BROKKIiS.

CBBAB BTBBBT.

Ro. 6S

GooanI Banklnt Baalnaaa, Bbt
aad Bail aoTarnoMot Boadi aad InraataMnt Baearl.
la addition to a

BUBiBX

P.

.

&

J.

Janney,

Oaal la iBTastmaat taaanUaa aad
ctenaa aad InTlian^rTawoaaaaoa.

••Tort

jmlc. Wi

rHAvx

r

Co.,

Bass,

BROAD STREET. KEW YORK,
BTOCKB, BORDS

ARD niSCKLLAKBOlB aKCVRITIBB
WM. R. BOLCTOK,

MOMbar R.

T. Btook

K»a>^

W. AMD. BAaa, Jr.

AKO BBOCSBa,

OAD BTKEBT,

H*. *4

&

Simons

Chew,

STOCK BROKERS,
4 Kkekaase Caart

Ac 34 Broadway, R. T.
Bonds and United States UoTemmeot
Boocbt and Sold un Commission.
Bbt-bblt Chiw.
Jab. D. BiHOMii,

gtncks.
Securities

Qautattoaa ckaarfttlly laralabad!

W. H. Goadby &
BAtTKKBfl

&

Rolston
Ho. 20

Robertson,
STOCK BROKER,

L.

DeAler In Inregtmeiit Secarities,
No. 7 NASSAU STREET,
(OonUnaDtal National B^nk BaUdlng),
Raar Tork.

rnralaa Bi-

gHanlol^raaUaB lasardlcf

laiaalMiatBaearw ««

Dofoatu raeatTod i«>| i«l to Draft.
laDowad. laraiUBa

Mate. Maslclpal aad Hallway Honds and Conpoaa
soBcbtand sold at best market rates. InTeslorsot
Isalers wtshlas to bay or sell are Inrlied to commaolsste witk OS.
Uevnh*rnr Chn N«w York HtoeK Rsohanae.

BO.\'D A^'D

M

Partiealar aUantion

Manning,

B.

BAHKSh AND BKO&KK.
Ro. 14 Wall Street, Rew Tork 01tr«
A SPKCIALTY.

Bkowa.

Walston H Brown & Bros
BA\KERN,

Chrystie

John

BOVTHERR SECORITIBS

WAi«toa B. Baowv.

BAKKKB8.
Pla« MrMt, Raw T*rk.
Roa. SB * B< Raaaaa Bk, Raw Tork.
A 6«aenl BaAklag Bm Ib—^
radapoait.
aad
aaaataaaaaUot BaSloa.
Basal

M*.

AHD
DeAler Ib Xigcellaneoas Seenritles,
MILLS BOILDINO (Sd Floor,)
Booois KAM.
33 WALL HTREKT.
8TATB AND CITT BONOS OF OBOROI A, ALSO
SBCURITIB8 OP TBB CKNTKAL KK. A BANK.
INU CO. OP OBOROIA A 8PBCIALTY.

Inrealon wlahlns to bay or sail are Inrlted to oall
oroorTMOOod. Prompt aad personal attention glraa

mbwtobk.

&

BROKER

BARKERS.

H*. BO RABSAL' aTBKBT,

C. Walcott

Bar and aall on Commission, for cash or on margin
iecnrltlaa dealt In at the New York Stock Bxcbanire.
Intereat allowed on dallr balancea.
All depoalts sabjeot to ooeok at sUihlr
Particular atteatloo to orders by mall or telearam
all

A. Dutenhoter,

BARKER ARO BROKER,
Tnaaaou a (ooafml
larakaaa aad lala of

IN

FIRST-CLASS IKTESTMENTS.

Turner,

J.

la

CHICAOO. •ALTI1IOR&

PBILADBLPHIA sad iBtarBadUM Polata.
n: IT WAI.1. Wt^ W»W TO»K.

Wood,

allowad oa

8«mrltloa.
Piirata talocrapii wiroato ProTldaaoa aad Boatoa.

Cox,

to

GOVHunUNT,

Bay and Mil

New Tork,

Tork.

DSALBRS

baalnaaa.

INTBKBST

faeelTad aad

a. D.

AT, ear. 4M 9U N«« Tort

•MaM

OENBRAL BANKINO

a

Sons,

Sistare's

18 Broad Street,

131 SoBth Third Street, Philadelphia.
Prlrate Wire witli main office. New

aAlLKOAD
B.

&

16

'Wall St., Cor. Neir, Ifair Tork. Cooaaoted b7

TRANSACT

Cox O.

•n 4c C*BtB>lMi«B Mock Br«k«n
Mo. H BROAJJWAT.

will

No.

Cltg.

Geo. K.

Holt,

of Ballra*<

l

loa. BalUaora,

Carolin

^ovU

BASKERS,

DBPOSiTS

wP on wwHitiw

&

Taintor

Bxaar

fU

Maaber
Mamhar

N. T. Stock Bxcbanse.
N. T. Prodaoe BrrhanKe.

Walsh & Floyd,
STOCK BROKERS,
No. 26 BROAD STREET, NSW TORK.
NIOOLL rLOTD, JB
JAMBS W. WALBH. JB.,
Member N. T. Stock Bzohaaaa.

Raw Tark.

R.

BAJnCKBS
17 Taara'

&

Kimball

J.

Aim

MaMarrtia Ka« Tart

Hm. IB*

•aBa^aoMMoa. tar
"

Smbn N.

r.

Haw V«Hl.

rrssxss.
B. i4>innaBST

Bdwabd p. AULOia

Aloak

Bnkaaaa.

Dickinson

IB

K

A X

B«

•
WALL BTRBBT,

B4 Broadwar

A 10

Raaa Tork.
TlaaailH a Oanaral Banklna Baalnaaa, incladinc
IBa iiaiiAaaa and aala of STOCKS aodBON IIS fur
oaak or oa aannn-

B87 aa*

Ball

laTaataiaat BecariUaa.

p. O.

Ailing,

8c

Ho'.

Stewart Brown*s Sons,
STOCK BROKERS,

A. M. KIDDCB.

BOX M*?.

WAnAaD Tbask.
wrc. Hill.

H.

J.

Re««

&

I

I

B. DirK l<l»o<(

'.

B

Stao* Bzaki

IB mr*m*mtrm».

"B'tiiaaiiii

Co.,

BBOKKBfl.

Cahoone

all

Rew Tork

Wescott,

18 Wall Streat,
Execute Onleta In

"t.,

Rew

Tork,
Listed

Securitlea

<m

NEW YORK STOCK EXCHANGE.

MoBaa.

Special Atlentlno glTen to

QBTeniment * other InTestment Bonds

na«

No. 30

(

BIT

^jad

<

&

'

laalaof—

«

Biioiaat af. t'tTor alBiL
li Haa^f aad 6hS!tZ"
Draw oa rnr liaak at laajaa la aaoaau lo rait
•
lal awaaltoa itraa to aoa rtt laa for laraataaat

m

AtcUetran

Bishop,

RBW

B

B. Hollins

JtjBM

Member of

&

BA R

*

T4

» HraadwBT. ror.
Braaeh OBc«. -A41 La Sallo m.. Cklcaaa,
TRANSACT A 0«NB|JMtAU»KlNO BU81NB8&
INCI.DDINO THB rVmSBtn and BAI.B OF
STOCKS ANI» "'"mWITSiff "" "" MAH.
OInT BUT AND sHfijHBBniBNT i-BTURITiSb. INTKHRMT^HHHF oh DBPOB1T8
SUBJBCT TO '"''fP^^^^V'a A. Boodt. "^^^^v. W. MCLBLLAB.

RBPBI LBLABP.

in

BANKEKt*,

BARK BVILDIRO,

RBW

City. County, State, Railroad, District of

Colombia

Bonds and ForelKn Bzchanco.
Oorraapondance

Solicited.

Simon Borg
Ro. IT RABBAi; ST.,
IN

&

Co.,

RBW TORK

ALL KINDS OP

aornar Broadwraf.

Borroir.

BOOTIIBBB BKCDBITUCS A SFBdALTT.

&

Co.,
H r. Wilson
BOSnsS OOMMMROIAL PAPKH.
UA.VKKW AND <-OMMIH8ION MBRCHANIH
Btooki and Bonil* Ma^and aold on
KsSinao. Adraoioaa nada
atNavVort '>">'• fc«»«««nH».»
a BrchansiS'Coart, Rew Tork.
Wall

Ntra«(,

tTOCKS.

'*''*.ii5?:|P-i"0«i."tiA.

CKBBMAl*,

WALL

Co.,

Eatlrosd and InTestment Secarltleu

ODMtawoaonrrs
•'

&

DBALBB8

Co.,

BBOADWAT, RRW TOBB, OniTRn

"•'^ U,y

N. T. Stock Bzchanire.

H. Latham

JUNITED BANK BUILDING,
B R H,
TORK.
Bxekanae Place, N. V. Ro. S
STREET,

K

BANXnu.
TB

BOWABD LATHAM, PBBDBKIOK W. PBBBT.
.

BAIfKBUAKD BBOKBRS.
_
•• riNB irBBBT, ~
TOBK.
(Maakanllaw Tort Mort

H.

CorraapoadaDoa SoUdtod

T«rk.

Woek

«

Hamilton
_
W*.

Haw

Btr*aC,

M. T.

Brrfcanaa. for inMABODI. aU alaaaaa of Stooka
or
allpir iwotaat
<a> nalt«. aatjaal ta

•all

ui>

laalniTTr-r-

-

:

:

THE CHRONICLE.

ir

XUII.

(TOL.

ganadtatt anfl yovetgn jBattUs aufl jBanTicYs,
FOREIGN.
FOREIGN.
CANADIAN.

CAPITAL,
SVBPLLS,

-

-

-

-

I.ONDON,

r7l 2,000,000 Cold.
-

•

»6,000,000 Gold.

W.

BUCHANAN.

J.

ENGLAND.

mission on the Stock Eichango.

lOllK OFFICE:
8TBBKT,
61

jrXir

N«*. 19

WALT«B

BLAKE BROTHERS &

WATSOSC, 1 Aient*.
Cable

Boy ud Ml 8t«rUn« Eicbange, Francs ana
Tnuufan! Brant Oommorclal aiid TrarolerB' CredlU

Ig \ra.U SIreet,

draf U on,
In any part of the World Imub
the
and make CollecUoni In. ClUcago and thromhoot
Domtnlun of

•raUablo

Heinemann

Piwldent. ANDRKW AIX AN. Byj.
'?1StpiSidJS't"HCBiiUT- ANliEKSON, Esq.

OPFICK, nONTHEAI..
Ocneral Manaiter.

U. HLUMMKlt. As-slsiant General Manager.
BA.NKEIIS:

J

llAltmS,

.111.,

Agents.

we have this day commenced to carry on a genBanking and Commission business at the above
address, in co-partnership, under the style of

Itla»«.

Co.,
E.

BLAKE. BOISSEVAIN
MB. B. J. OkLANOY
Arm by procuration.

C,

.Bar tad

Railway Share Trust Co.

i

(LIMITED),

Exchange and Cable Trans-

HOTB8 Iss ed In Pound, sterling
Cl¥cDLAR
COMINKKsil parts of the world.
for use In Kun.pe,
CIALCRKDTTS laSIIBO
Kast and West Indies. Also,

available In

China. Japan ani the
IIHAZILIAN
In name of LU.SDUN
LlMITKn, available in the Broilis. Klver I'late, Ac.
Bills coUeoted and other bnnklnjr business transn. A. McTAVisu, i{Agents.
aetad.
.o.nt*.
II.

UANK

8T1KKMAN.

Bank of Canada
CAPITAL (paid np),
«1, 500,000
L'HPLL'S, .....-- 9480,000
Imperial

B. B.

HOWLAND,

BEAD

et. Catharines,

Pres't.

Agf>nls In

D.

Capital Paid Up, £»71,SftO Sterllns.

This CompaLV undertakes the business of Trustee
to

Loans of approved Railways, negotiates and

Issues Loans on the

London Market, acts as Agent for

Railways and other Corporations, either In the mat-

&

TORONrO, CANADA.

B.

HADE.

....

KSTA8LI8HXD
Capital

CO.,

OLLAND.

1801.

paid ap.7,203.025 Onlldcra ($2,881,570-)
Keserve Knnd
(»365,«S7-)
91S,0ie.52H "
."nily

(LIMITKD).

HEAD

Hottardam—De

& 66 Threadneedle

St.,

K.

C.

Authorized Capital,
Paid-up Caplt'il, BeecrTe Fund, - -

'

GO,

Transact a general Banklnp; and (TommlBslos
Bualnees In Bills, Bcocks, Shares, Ooaposs, &o.

Bank of

Australasia,

(Incorporated by Royal Charter, 1835.)
90,000,000 4. _.
Threadneedle St., London, Kuslaud
- 1,500,000
l-ald-np Capital
il.niO.lHK)
Ue»crve Kund,
i'TSO.UOO
- 400,000
I,ctter«ot Credit and Drafts Issued on any of lb"

'

Traasaet a general banking business.

i"

Wm. Wliltewrlght,

Issue

Com.

I" ,

ULIENTUAL. Cashlerr^

'

$1,000,000

TRUSTEES:
James M. McLean,
AmbroseC. Kingsland,
James H. Ogilvie,

Henry A. Kent,
T. Wilson,
Wm. F. Russell,

8. T. Ksiichild.

C. I>. Wood,
James N. Piatt,

l.H. Frothi-ehnm,
Gtorge A. Jar\-is,

D. C. Hays,
lames Forsyth,

C. Vanrterbllt,

A. A. Low,
G. O. Williams,
R. G. Remsen,
J. B Johnston,
FfwirdSchell,

(Cdward King,

Wesley,

n. H. McAlpin,
Georee B. :arhart,
(

llenrv Stokes,
Roi e:L Lenox Kennedy,

/ ma -a J. Parker,
F. Barger,
Geo. r. Magoun.

Samuel

EXKCCTIVK COMMITTEE:
Wm. Whltewright,
G. G. Williams,
lames

M

K. R. Wesley,
C. D. Wood,
A. I'. KIngsland.
KINO, President,
M. MCLEAN. First Vice- Pres't,

Mcljeau,

I. B. Johnston,
D. C. Ha;e,

EDWARD

JAMES

J AME:< ll.OGll-VlK. Second Vlce-PresH.
A. O. RONALDSON. Secretary.

Metropolitan Trust Co.,

'

"'""'•. £,<"'«tlons and orders for Bonds.
SSS*.
Bloek*. i5*
etc, executed upon the most favorable
terms:
" r l> K
LOW,
1 «a
ION AT/, STKIfJUABT.t "»"*«•"•
„ ^ ,.

P. N.

-

Accepts the transfer agency and registry of stocks,
and acts as Trustee of mortgages of corporations.
Allows Interest on deposits, which may be made at
any time, and withdrawn on five days' notice, with
interest for the whole time they remain with the
company.
For the convenience of depositors this company
also opens current accounts subject, in accordance
with Its rules, to check at sight, and allows interest
upon the resulting dailv balances. Such checks pass
through the Clearing House.

E. B.

WiS8Ei/-en-£FFECTBKBAi<.^

IfBW TOBK OORRSSPOlfDSlfTS:

J. A W. Sellgman A Oo.
(°ormpqiid't«,l(aa«aohiuetUN. Bt

OF NEIV YORK,

George Cabot Ward,

LONDON, IIca.1 OBtie, 3 AoKel C!onrt.
SAN FRANCLSOO Office, 422 California St. M-tmn. KNAUTH. NACHOD & KCHNE

HEW YORK A«enu.

Union Trust Company

It.

Almeloo— LEDEBOER &

Anglo-Californian Bank

W. Cooper, Aixisntown.

Chas.

• $2,000,000
Authorized to act as Executor, Administrator
Quardian, Receiver, or Trustee, and Is

Bnachede-B. W. BLUDENSTEIN, JB.

THE

BOSTON

S. Olllett, Joseph
8. Price,

J.

A LEGAL DBPOSITC KY FOR MONEY

W. BUJDENSTEIN &

AnSTERDAni,

No. 55

„ttoeks and Bonds, sterling Exchange. Drafts on
Hew York, bought and sold at CUKKK.VT I'UICKS.

COLI.eCTIU.VS

8TOK ES, Treasurer 4 Secretary.
PATTERSON, Irust OfBcer.

SURPLUS,

OFFICE, AmSTERDAIH.
BSANOESS:
RROKERS, London—B. W. BUJDiJNaTEtN A

Buchan,

•TOGK AND KXCHANUK

.

S.

CAPITAL,-

Cable Address-PATT, LoNsoir.

Wall sueet.

Promptest altontli>n paid to eolleotlons payable In
aoy part of Canada.
Aparoved Canadian baslness paper discounted at
tAe Head OiBcaun reaaunable terms, and proceeds
ramltled by draft on New York.

Gzowski

»

.

73 Broadway, cor. Bector St, N. T.

Bankveieenigingj
:

M

.

Ncad.Tboraas R. Patton, John
I). Hayis Agnew.M.l).,
Q Heading, Wm. 11. 1-ucas,
Patterson, Theodore. Kngel.
Robert
Keefe,
1.
Jos.
Jacob Naylor. Tbos. G. Hood, Edward L. Perkins.
PBii.AnBLPHiA-, Samuel Ulddle, Ules Riddle, Pa
mpsoa
Dr. George W. Kelly. Harkisucbg, Pa.; J. S
Africa? fiuNTINGDON; Henry S. %kert, KKADI.NG;
H. Dav*
Edmunds. Doty, Mifflintown; W. W. CBBBIBBi
DotiIestown; ll K. Monaghan. WK8T

or Registration of Stocks In London, or otherwise.

De Twentsche

A Sterling Exchange.
Agents In New York
Bank or Muntrcal,

W Lombard Street.

t.o

..

11.

payments of Interest on Loans, Dividends on

and Gall, UnU

London

from those of the

rent at 15 to $60 per annum.
Wills kept in Vaults without charge.
Bonds, Stocks and other voltiables taken uaaer

MAHI,ON

D. B. WII.KIE, Cashier.

Dealers In American Currency
s. Bamett's A Bosanquet's Bank, limited,

CHESTNUT

BurSr-Proof Safes

John T. Monroe. W.

Weliand, Kargus, Woodsiock, Winnipeg. Man.,
Brandon, Man., Essex Centre, Niagara

Lloyd

613

PHILADELFBIA.

DIRECTOBS. -James Long. Alfred

Colborno. Ht. Thomas. IngersoU,

falls

AND

611

©crmpfittties.

Money received on deposit at Interest.
JAS. LONG. Pras't. JOHN O. RBADINO.V.-Pres't.

-

OPFICE, TORONTO.
BRAyCUSS:

PoH

Stnst

proof Vaults.

LONDON, ENGLAND.

ter of

-

BI.AKK.

Wright, Dr. Charles P. Turner, William

fan/ IMae demand drafts on Scotland and Ireland,
Jmn on Canada, British Columbia, San Ktanclsco and

^^

OU

Paintings. Statuary. Bronzes, etc., kept In Fire-

BANK BUILDINGS

NO. 4

&

CO.

•

WALL STREET.

sell Sierllng

Ac

wUl sign tor

6T ANTON BLARE.
A. A. II. BOISSBVAIN,

All trust assets kept separate

North America,

No. 53

MEYER

THE

or

British

J

Authorised Capital
•— *'ffiJSo
600.000
Pa.d-up Capital
Acts us Executor, Administrator, Assignee, etc.,
and executes trusts of every description known to

AGENCY OF XHE

Bank

I

January, 1886.

Co.,
The Union Trust
STREET,

forelsn banking business undertaken.

H«cr York Asency, No. 61 \raU Street.
».

Ist

Solicit accounts and agencies of Banks, Railways
Corporations. Firms and Individuals upon
favorable terms: also orders for the purchase and sale of Bonds, Shares, Ac, Ac. on
the 8tock Exchange.
Interest allowed on Deposits, subject to eO-days
sight drafts, at Bank of England rate, and
one-percent below that rate subject to

allnutaof the world; makes collections In Canada
any of
MOaisewlMra and Issues drafu payable atdescriptSeoKea of the bank In Canada. Every

JOHN

C.

St.

BEG TO A CUBA INT YOU THAT

ry^E

Bank (Limited.)
LONDON, BNO.-The Clydesdale
N. B. A.
demand drafts.
VWVr YORK-Thc Bank of New York.s Sterlng
Eise^
The New York Agency buys andcredits
available in Negotiate Railway. State and City Iioana.
Aanoe. Qible Transfers. Issues

UOB of

E.

K. B.

$5,799,200 Paid Up.
$1,500,000

OBOROK HAGUE,

copTHALi. Court,

11

London,

LONDON.

OF CANADA.
BMerre,

&

63 Qresham House,

Merchants' Bank
-

TOVVNSEND, Agent, 47 William

A. M.

CO.

eral

liondon Oflee, No. 2» Abchareh I.«ne.

Ctpltal,

The Corporation grant Drafts. Issue Letters of
Credit for use of Travelers, and negotiate or CiiUect
Bills payable at Bombay, ralfutta, Singapore, Saigon,
Manila, Hong Kung, Kooehow, Amoy, Nlngpo.
and Ivondon.

New York

88 State Street, Bo»ton,

:

KeserveKond
Ueserve for Kqnalliatlon of Dividends...
Reserve Liability of Proprietors

ShangDal. Hankow, Yokohama, IIiogo,San Francisco

Necotlate Hallway, Slate and City loans.
N«w York ai»d Boston CoRREgPONDENTS,

WAH.

*

»7.500.000
4,500.000
500,000
7,500,000

Paid-up Capital

Corporations, Brms and Individuals, upon
favorable terms: also orders for the purchase
and sale of Bonds, shares, Ac, Ac, on Com-

Qeneral IlADBger.

Shanghai

BANKINQ COKPOKATION.

Railways
8«llcll acooonta and aKeneles of Banks,

SMITHER!!. Preildent.

-C. e.

& Co., Hong Kong &

Blake, Boissevain

Bank of Montreal.

nunioroUB branches of the Bank throughout Ant.
tralia and New Zealand.
Bills negntlatod or sent for collection.
Telegraphic transfers made.
Deposits received In l,ondon at Interest for f iBd
pertods, or for transfer to the colonies on tiruja
which may be ascertained on application.

PBIDEAUX skLBY,

Secretary.

MlHo Building, 35

WaU

St.,

PAID UP CAPITAL,

New York.

$1,000,000.

Designated as a legal Oeposkory by order of Snpreme Court. Receive dejxislts' jf money on interest,
tlscal or transfer agent, or trustee for corpora,
and accept and execute any legal trusts from
persons or corporations on as favorable terms aa
other similar companies.
THOMAS IllLLHOnSB. President.
FREDERIC D. TAPPEN, Vice-PresldOnU

act as
tions,

WALTER J,

BBITTIN,

Secretary.

,
'

<

—

:

JCLT

.

:

'

THE (CHRONICLE.

10, 1886.]

^nst

I
^

^iuauctal Companies.

<i50mpratiles.

ytttatictal.

REOKCANIZATION
United States Trust Co. The Investment Co. of
Ol" TUB
or sn w TORK.
Philadelphia,
No. 49 WALL STHEET.
Philadelphia & Reading
SIO CHESTNUT STREET.
Capital and Sarplaa,
M,000,0O0
SAILBOAD
TkB eoapwi
'

1

Is

od

u

AeU

aa Klnandal Axent la Iha ncfotiatlBf and
nr Heeartilaa. Oaali In Bonai Corporatloo.Kallraail. stale. MuBlelpal,*a. Kx>«ata«anl*n
oncoaMDlHlua lo Huoda. St4iak«. Ac CoUaauinuiraM
aad dirldand*. Keceivcs money un deposit, allnvAs tfaolrabia iBTestmanIs oakr. will
inc Intciaat.

markMtng

IMTKRKST ALLOWma OK DH>08IT8,

bm*

wbleli mar ba
*t uif tloM. and wtthdrawo afur
•ra dari' notiea, uid mil b« anuued to intii nt for

tta wkola UBM ibar aar nia«ln alUa tka aoapasr
Kncntora, admUUMralon, or uaMaaxif MiaM*,
and f«ni«l«« H|ipl iiwiil t»t>»'

lu Uab«niura Bonds, sacand tj Us oaptlal aad

Issna

WILUAM

tod Uli 1111*1 iir a eoiiT«alaal dwoiWoiT tar
JUIlFT. 8TBW A Rt. PrMI4*at.

vili

B0M7.

On

BROCKI

WHART

Board of

PmMr.

THL'yrBK.I

OMraaB.'

MeMlotsoCWBHbii fcarkar. Haaty
Brown. WllUam PoUar.

Hort..n

Advisory Committa* of MatfikaMOTa.r-Oanipn M.
Vraaimaa. aastarns Kn^U. Isaao B. CluUilcr,
WMMaa f t p xr. M. DTHaoias Dolan, John u.
K. lilliinakaoi. John WuamAkrr.
gwilt aa Jo—pb
8mUh, Chsrlri >. Wriaht, Brary Laats.
BwwTlt

John A. SMwait,

Bill.

Tlea» rr««l d«nt.

Dlrsiture^H^^^BSa.

C. GclMun. T. WIsi sr

»jMw uvuMJiao,

Chulm r

Wllaoo U. Ilaol
BL M. Maer

COMPANY.

Capital, SU.000.000.

K liwaJ dapoHUirT tot noBn* p*ld
asuiurtiMI to act Mgaarataaor

—

.

0<i»LlMtivut i.HiBiilt.ui INsMoa. CWtoo irnacb.

Tha BeooostracUon Trastaes of the Phlladelpbia
A Haadloc Kallr.iad ompany request the creditor
i

and sharebuldera to dapoelt tbelr general mortsaaa
bonds with Meesrs. Drexel & Co.. and thoir other saearttlee allh Meesrs. Brown Brotben A Co., under
tka taca* of the plan ot reoncaoisa'lun, «f which
eoplaa oaa ba had npoo appUoallon at tbelr resp,:c(.
Ire banking honsee and at the Ouarantee Trust i
Bafe Depuelt Company.
Under tba plan the holder of each 11.000 six per
aeaeral Mottaage Bond, with orerdue couponi, u»poeltl Bg the same, will recelTe from Drejcel A Co. a
eertiaeata entitling hlni to four per cent Interest for
three yaara,or until reorganliatlon If sooner effected.

and apoo reorganisation t« a four per cent new genacal nrnage bond fur (l.OOO and ftao of preferred
took—ika h'jider of each seTeo per cent bond to
ie $» addlUoaal preferred stock.
taesaw JCsrtfOft and CbnrsrtlUs .iiVuefnunf &Tip-

r eeel

Interest, piiiiacuds, Sec

gWWb.SlSMWfaaSSS<fe»aury.

The Brooklyn Trust Co.,
Or.Qt Maataoaaad Olalaa to..»roo*lya. K.T.
TMa
I* aalkettwd »r •aaetal ekanar to
••'•fi?'^'*''* **—"•• aaardlaa, asaaator or adala-

MMaaj

i

Bt la Iba

I

;

Iniamt

Ml* ar

auMianat

uc dlTidwi da.

neatva

PACrno BAILWAV
HiMl-A.Mf.

CANA»IAIf

'

viiiKNii

ot
r*.

iition
'

mil ba paldiia aLi.i'»t 'Jl.'fiS.toV"'-'^'^^lucknoidars

Kiri.Kv

of raaoM oa Ibal dele.
Wemaia fnr ihi. <tirldpnd.BaraM» at tba egener
of tha Bank ..f H'>niri>el,
Wall Mxeat, .New
badeIi<efad<«ea4aflarAUOD9r IT.ac
ftrac«.wW
oMoa of tbe

M

iiiii>k.s.

Comueazk. •*"*•• MBHSHX.

M

Al<»i

A

\

1

Whit.'.

-hr,

I

<•

-

r.

>

1

to

T
•

kt«r
.-.

ti,«.-.

m-"*^sr
M"

vs

Asefjj-lioo Prafernd Stock for aaaastment,
•I MO I witk snek eddltlon aa eqaals tke matured
eonpooe at raufsanlaatloa) of UoasuUdated

ih* eaa-

'he rsto ut TIIHill
unHi un<le.' «in^«ment

fli'i

inf h )ri« lioT.r

(uraoaar.

Mm
Sarieeftv-lO par oent aaeaaemant.
Chassis, Ist

DirinF.Mt KOTic-E.
Tl-

Ptt»— 10 par eeot oaeh asseaemeat.
i{<c<ili«-«100 Prafarrad Stock for esseeiment and
tl.00a (With eaob addiuoa aa aqoals matured
ooapooe at reorganliaUon) of Income Stock.

J.

JfllSDrTObACO.. AimaSauaat. New

York,
tbe Buotreni

MoekkoMkn abo are r etlwiie d on

Vj^^JtS^e. S^^^JH.^ .k. ».
rMaoT foariBkan ead

tmfkSr

kalfiminr

—

WB
?•

A Jnm

i«e.

«

Cb.

^l!M8<A>mttM8Mtk,wlU additional alOek to
cover ouapooa.
AU aastcarsif daliaa wbaa proren (aVIAn- fuiuUd
I)

H^miwarkMCafjk«V>>m<'>^'n;
Luadoa at THKCK <»
KKIOAT. JluLr Aaod.in M

.

Provident Li fe&TrustCo
OF IMIII 4I>KM>IIIA.
r.lil-fcl

CAPITA L

New

kiiVI

^

11.

in

Board,

Knr TOBK. Jnly «, UBS.

THB
U'iiBUiHBTBrrTionBPaoa
Irar of lh» liK.WKK A
URA.'«DK
I(l<>

aad *«an
JT

BAILWATCOMI'ANV.

>«wlll pay Inlerasc el tka
per aoaamon aaapowaf
Ika rmt ttortCMe Bond, as follows
Oa OoBpea No. M, frum Xoranber I. 1884. to

MMOTfttr.
aad laraM ,
laa
ai»M« of tka aoi
laaawMa

(na
tna

raUotllZ rBB CBXT
Awaatl.taMi

I

^ituiucial

M

rt »» Mlaut

5?ASi

a^ompanies.

JBonds orSnretyifliip.
OTHMK BUM/MMmS.

iro

The

<-»nraiitee Co.

OF MOBTU AMRBl Q A^

Cuk OaaMal.
A*MUM<IR4
OayoMtwna

PraaMaat:

Ttaa-PraaMiBf

nAuu.T.OAiA
..

Boa.iAjLfSnna.

DbacMr: KnraBo lUwuxoa.

Il «a««iii »

RKw roBK omcs:
.

I

Haw Taaa l>fRnioBa'j«nM w.
ftopklBs.

11.

5««a«r}^7
•—
>'ai.f.„(|.

victor

OlK.tl«irtl K

lis

BUOADWAT. NBW TOBA

_

CX>,

IWi rv al AM»m«AMM.^a« - 1»« par cant aaseseiaent.

fVfl Preferred MiM-k for a*aee.ment aod
tnr each ti.ono bond IIAiOI'umBioo Block.
of i ep<iait n< (utlable at tka Stock Mx•haaaa, aatltlliiK the holders lu the new aaourluea
aflariaatsaaliaiiuo. will be issued lo the depaettota.
bisty days' notice by adrertlmment will be gfrao of
Ike time fur the paymrnt of i he asseeemaote.
Under this nian the a< iiual Sxttd ohargee are r^
daead lo |n.v?l.iv<T. being tilM,nlT leaa than the re-

_

Owuaeaiaa

UM

'^or<88l.«>oiiu.

To prom«4atkaaaaeeea of tbe pjiui an atfrcemeat
kaefcaeaaaada wllbasyodlcaie to advance the expeaeaa and dbburseueuls, and If neceesary to par
ihe cash assessments.
la owe reorgB.<UaUon can be efleclad wlthoutfor^
eloava. aader the nraaeol charter, looume Bonda
he aubauiaiad for the propoaed laanaa of new

laay kea

fceaa

>7

inSaird
rortkaaarpn.'-

naalaaaUwuf

.'-I'-rc

Miaa,TUUItal>AV, Al UL'.>
Irumfar books will beiluaau
J aly «7 aad wOlke re-upeiM>i

*"**"

aitWAAO

JOHN

T. inCBDI.>.

I.

.

A

..irt.

Sao-y.

I'uoM
lier Instliale.

lilr'l

To the Uond and Slock liolilers of the

The undemgued Committee of Reorganlaatlon
duly appointed to repreaent all lutareata hare uoanU
Biouaiy adopted the plan of reumanlsallon under
forecloaure of 'H i.v.-i.rmi ni..rf .. .,,... oootalned la
Ihe circular T
-i
you to deli day of July,
fcwltyourh
'SXI,

8UTT-8IX-III DIVIOB.SU.
.*<»:« TURK, June 10. 1881.
INTBBBBT for tbe liati^year endlne Jene M,
l«Mu>* tka fate of TIIUJULaNU A U a LIT l-aK
CANT per annum, will be Milted tu depositors entitled tkeret'i unaer tbe by^Bn ot tke bank and tbu
tbe Miais.

-T.

II.

subjt-'t:'

n. M. COXKU.V. Se<T>>t«rr.

1

CKHT
I,

;M,.n««adcii«a B<a»m»[iMiiliSt

^

"'

„

bas been

r. M..

*-•

rs

U.

i:rA«T!HBSlT,

E.

H. I'ABSOJIS.

»

O.Lov,

'

..

J. L.1...^

t^K#. B. Vr'JV.

.

MltiSC

ntnil^
"
M. Hiciiai*.
'-

tkU

AseleUnt Beo'y.

Bailey,

S.
SH PINK BTBKET.

irrvfor,

dopoeitandt-

'

ai>ce with the piuii

and agreement can

-

i

iiio

nn'i ^4

Fannera'

WiUlun

Street,

Ifork.

At the expiration of Ihe above period, abould tbe
re be*"> nmifil m lt..^^.H>l..ll of a COOIn

'

'

win at

.lo ejc*"

aver.

trrsti*

It'

.vafalio'-i

iiiu."

To

•-*
:

:r respective sectti
of aeeurltlea as have bovii
ti.i. n-«iMTLivi> lU-i'
returned
lum andean'"'
Iftsaed Tharrf

W

Tbaoummit'

^oad nmn bo
foods are
be provided
ibu I'luQ of reorgaBl-

'jI

j. I.l>>« IIKIl WKLnll,
J. >. UL-rCUlMMOb.

I*.

\V

•iiuMit.
'" iioAltfuata
'" b«cAuse It

>i<i

with safety uiiiil ihe suulces
aatlon be as«urtNl.
New Viihk. May IS, I'sa.

\V,

'-

cuiuutanis
i

>

a abort tiate i
la advlaad IIik'
aoon doaed i
provided for r.

A IPKCIALTV.

MM

accord-

l"

wblcb plan

nattbeoom-

'

paoy'apmce, No. ivi
Loan ftTruat Comuaiij'. vu

haw

such

luiraleot to

'

aiding an av'^.

rkekpaMataneafiiriliosboTasacnrlUeai ortbey
aiU ba
oa aoaartwloa BtaMMTs option.

i.y

INBURAKCE STOCKS

A

Ijoan
rucclving

ik.

In excbang<>

I.J.»VI.sT,\K,rhalrman.
I.KWIr> »1,\ V
r. K. r^ATTKKI.KE,
n. V. Sf.W I OllfK,
jnil.N tlAKKtlK,

ur.Ai.ixaa

9. n. V
J.§.T A. n.

of

Tbe tntnif'T Ix-im wUI cluea Jaaa 80 all
and reopen July I"

'

'

I

oonpaaj, psyat:*
•bore.

iBoda«waabiW(M.
'"''Marara Mcaptadkr laa

i.**rs'

I'mat ComiMi

i

UMi

w. bSKEDBK, PrMMant.

>•

Cbalmuu.

Pacifle BBtlvajs.
>

ItTBTBOPOLITAN SAriMCiS BA?rK,
•i"* Nua.
A re., opp.
au.) ) 1

latemat payaole Jnly

of ItaCiinstmctlon Tmataea.

UABUKTT,

B.

Texas t PaciUc and the Ncir Orleans

i<lend.

-' '.th

By order of the Board

l^stOBl.

ri>i

''

lisel

s'uoaB-

V.

"T'"

W

pofta* net eaniinea pt
l«T, gJ)0» i. aad aaonxe
to laa holders of the laaoaMkioek an annual adras*
laaa of tlMu.6',v. to Ika koldara of tbe Cunaolidatad
Moek of |l.wi7,eu*, and to Ike holders of lummon
Btoek at tljmMmt, and the lepiirted arerace net
eanluaa of Iba laei Bre yaara (IIMKIMMI^ wi.uld pay a
dindaa^^ arj^par aaat ud tka Preferred Income and
aa annoal surplus fund

<

Ko. 68 WIU.IAM ST.. Nk^^
Tka aaaal qa^erir <ii«i4ai>
BaXT PBRllTiT ..n'--th- cap

QPPiCK or UKLLMjFABOOJkCO.,
nbw Toaic. Janel», I»5«.—
Ho. M B«<iAi>WA
" ! "L-R PKB
Tba reaalar sen
»uii*>.

^

M Bukaaaa Plaaa.
rr. PAIL aiNNBAPOLia * ay
THKBA.MTCIBA
H.MI.WAV iiMI' ANY
gtoelL

bws uf

FIDELITY * CASlALTr CO.
ho».
>U *

U Um, to OaoaaUier lA UnS.
HAITLA.IO. PBKLra A

I

•ABWAT.
TUMPKIJIS.

no. Ill
U. J

Oa »a»a a« Xoa. M and a, froai May : aad Ror-

•eakar

CboHnon Sttctf-

tlO per abare.
tlO Prafarrad Btnefc fur aaaeeamant aod
MO Coanwn Stock per abarc.

Jl ieNie

Jltcrt ea

Sactatarr.

a» nia carr«|r,l
MaarmaAl, JanaW. I8W I

IM IVtrsfrad aad

Pn

end

WKUSKS-

omra

Ika

Vf.ni

CBABLKS ORIMILWATBK.

(UOOOtOM

AMST*

m

cat tka aaaa raoogniuon aa Uebnntura

i

M.

!.

lucl

»j order dl tie

LAI...

-"IT hi
. eloeed

la

boar on

„

J^ey-lb grr cent a eeeaa mant,

imi.)per«rilw.laMtaeoiB«liB.aad will ba dellT
hTMnattjke muaa «Ue ei th« ..Moa uf ike

gad

Stock.
Jleei Oms^ls. 7d AHerffs|^-IA per cent WHaaeaaant.
aciKai l iao Pralenad Stock for aiaaaameaU
_, . •
^ I wnk Bddlllonal Common
iWdalad 8«a«fc.Iaa«Cua*aUdat*d Stuck In
I
CiaaMMi Btoak.
1 lama proportions equal to
Imatkrad sou pons.
OmvaHIMa Ti aad Atenlarra a/ Attlreodaad Oool

I

v.><(ll<.

Canmillae.

THE CHRONICLE.
Kuua

TO

dtf k Northern

SECVBITT BOtiDBBS

Alili

OMAHA

DIVISION.

The iiiiilwrttnt'1 tJM Committee named

Id

a

oer-

between the bondhoMera of the
Omaha DtrUIOD of the St. LonU Kanaaa Cltr A
Nun hern fUllwar Companr. dated Jane S, 18M,
harebr r»q««al aald bondholden. In aoeordance with
"
ih» proT OM ot aald acTMment, to dapoalt their
bOBda In the United SUtea Tniat Coapanr of New
Tork. TVmporarj reeelpU (or the bond* are now
raadr for deilTerr and will be ezcbangeable In a few
weaka for permanent enffrmved oertlflcatefl. The
mtglnal acreament mar be alcnod at the office of
aid Treat Companr or at the ollloe of Stewart A
Boardman, Attomert for the Committee, Mo. 4«
Wall Street, at either of which places coplee of the
iininiimiil can be bad.
JOHN B. BKACH, Chairman, \

The

taln tti tMiiiinr

W

JAHIS B. PCLSFOIU),
JAUaS H. SMITH,
^TiiaBT.M

8.

Committee

SMITH,

R'y Co:
above named

CHARLES M. FEY,
MAYER LEHMAN,
WILLIAM C. HlLIh
ISA AC

Committee.

}

18 Wall Street,

TEAR

GOLD DEBENTURE BONDS

PER CENT BONDS,

4

J.

CO.,

STREET.

8K PER CENT BONDS, MAIN LINE,
DUE 1951.
Principal and Interest Payable

County.
00 Brown,

Socurltj'.

LOANS HAVE PROVED

44 WALL,

THE

We
We

on uf the United tttates. wnere values are
constancy Increasing.
Qth. Our 1-I4U18 net InTnstors
per cent Interest.

lOih.
iJth.

13tb.
18th.

payable seml-Muiaally without charge or expense to them.
A I money forwarded to us for Investment
beglmi to draw Interest npoa the date of its
receipt at any of omr offloee.
Interest coupons are cubed at maturity by the
Kirsi National B«nk of New Tork or upon »re*
sentatlon at any one of our oflBoes.
We gaanintee the prompt payment of all intere«t at maturity.
We guarantee the payment of principal wtthln

OPFICKHt
*?**
"XT
^S'S_Obas.
N. l-owler. 5'TT'"''
V. f.

RR. Co.

Notice is hereby slvon to the holders of securities
of the Buffalo New Yurit A Philadelphia Railroad
Company that the time in which they may become
parties to the reorganization
agreement dated

FEBRUARY
1886, after

**•

Bo"«on. aa Conn St.
ii.

u.

Kitcfi.

MiinVer.

18, 1888,

is

extended to

JULY

IB,

A

Safe Deposit Company In Phihidelphia, upon
the payment of 1 per cent ot its face value upon the
stock, and 2 per cent of their fsoe value upon the
bonds.
By order of the committee.

Niw

A. KIAB0I7S, Secretary.
YORE. June

BODOHT

Bm QMUtloiu of

A2ID BOIJ>.

Cltr BaUioate la thli papsr.

Flagg,
Cor. Nassau & Pine Ste.

No. 11

STOCKS

S.
Massasoit House,
Union Depot.

ilaXjes.

BONDS

At Auction.
8AI£8

Fift h

of all olaasea of

OH

WKDJJBSDAYS AND SATURDAYS.
So. 12

H.

AVenue

HOTEL,
Madison Square,

NEW TORK,

The Largest Best Appointed and Most Liberallr
Hanaced Hotel In the City, with the Most Centnu
and Delightful Location.

UITCUCOCK, DARLINQ A CO.

John O. Moobi. w,

Moore

k. kitchxn.

&

a. b. soaxir.

Schley,

BANKERS AND BROKERS,

36

BROAD STREET, NEW TORK.

Branch
72 Wall

Ojtficks
N. Y.

St.,

lU So. 8d St.,

I.

Connected with
A.EVA?J»*(V,., Boston.

Bkkwstkk A Co., Chicago.
HI* F St., Wash'o. 1IUBBAUB& KAB.UEU, liartrd.
Private Wire Connections.
Buy and sell Stooju, Bonds and Miaceilaneoas Securities on New Yoric Ifixchanges. also liraiu and
Phlla. K. L.

mVLLER

PINE HTKEEl',

dc

SON,

NEW YORK.

KOtTTtABLl B0UJ}IH0.1

Spencer Trask & Co.,
BANKERS & BROKERS,
i6

and i8 Broad Street, N. Y,
Albany, N.Y.

reGDLAR AUOTIOM

STOCKS AMD BONDS,
ADRIAN

Near

W. H. CHAPIN.

ProTliions on Chicago Board of Trade,

and

The nndenlgned hold

PINK STREBT,

B O IV O

15, 1888.

Ruction

.

HBW TOaK.
CITT RAILROAD STOCKS A BONDS

BNTRANCB

until further notice the
same will only be received at the Bauli of New Yorli,
N. B. A., here, and at the Fidelity Insurance Trust

?"••

H. L. Grant,
R*. 14C BBOADIVAV,

Duncan Building

which date and

?*«••" Cllr, Mo.,
'fe'*ir',!!*
"X'fc
B. Willun»on. l""
Mao'gsr. John (..Arerj.Uen.Mui.
'

E. HACHFIELD,
No. fiia Pine Street.

&

Reed

New York &

two yean from maturity.

DO NOTINVHWT UNTIL VOU HAVE INVESTIOATBDOUR Farm MORTGAGKii7
PAMI'ULET GIYINQ FULL
J?oR^T%%'!''

ALBERT

Convenient fo the tounst or business man.

FOR THE REOUGAMZATIOH OF THE

Philadelphia

lata.

Vin''ennes Ists.
RocIl lats.

SPRINGFIELD, MASS.
THE BEST APPOINTED HOUSE IN WESTERN
NEW BJ[U1.AND.

CO.,

STREET.

COinraiTTEE

Buffalo

Sd.

4th. Weaeoeptnone i>iii pHrfecL titles.
0lh. WolcNUioiily tuK«^MKl borrowers.
6th.
ke^pall insurance policies In force.
7lh.
see that all taxes are kept i>ald.
0Ui. Oar loans are miudo upon well-lmprored and
SroductlTe farmsrh the must prt»aperoas por-

STREET.

VNGER, SMITHERS &

lat.

flrt«t

&

t.iitle

IN

BROWN BROTHERS & CO.,

HO SATlSKACTOUy.

We Invariably Inspect thosecurlty before making a loan.
We rarely loan over one-third, and never ex*
ceed 40 per cent of ttx pro^ent cash ralae.
8d. We loan only on
inortKUKUs.

Memphis A

BROKERS AND DEALERS

MY

69 AVALl,

HOLD.

Scioto Valiey Bonds, all issues.
Southern Central Ista.
Toledo Ann Arbor & North Michigan

A LIMITKD AMOUNT FOR SALE

State.

91.40t)
|;dtU 00
B. 8.407
Kansas.
l.VtOO 00 JelTorson.
MX) 00
B. 8.479
Nebraska.
1.000 00
4.:£00 00 Tama,
B. S^t
luwa.
B. 8,040
4.000 OU
14.000 00 Lawrence, MlsaouH.
B. 0,4(18 90.000 00 72,000 00 Nuckolls. Nchritska.
There are statlntlcs showlnir that during th**la8t
twenty-flTe rean* In an Invest mem of uver^2tO,(XH>,000 not a dollar of iirlm-lpai or Intermit his Ummi htst.
ThUreC'trtl ix wtthuul n ptirallel In the tlelU of luTeetments. We beUeretbat a thorouRb liiTestlgatinn of the method and CHro which we obsorve In
taking these seonritlea will i(h')W that our business
has reached a system as perfect and well defined as
that of lire ur life Insurance.

WHY ODU

S0U6HT AND

in

Gold.

offered:

BBABONB

Investment Securities
IVANTEDs

Central Railroad
FIRST MORTGAGE

CttplUI Uabllitjr. «600.000; Cash paid np, $300,000.
To (rive some Idea of the slxe of loans, margin remilrea and where localed, we append a few of those

CO.,

NASSAU STBEET.

28

Illinois

AND INTEREST GUARANTEED

Amount.

MORTON, BLISS A

Indianapolis

WESTERN FARM MORTGAGES.

Estate,

FOR BALE BY

STREET.

KEKIVEDY TOD &
63 WIL,I.IAni

ILL.

Co.,

NASSAU STREET.

£9 1VAI.I.

Mortgage Co.

No.

on Beal

BROWN BROTHERS dc CO.,
78.

& Trust

Secured by Deposit of DIorteaKee

CO.,

For sale by

PRINCIPAI.

Iowa Loan

interest.

30

6% EQUITABLE 7%

ic CO.,
51 Wall Street.

Hew Torit.

KVHN, LOEB &

CO., Banker*,

DODGE

OF THE

6*.

111.,

CO.,

IX^mll Street.

J

Chicago & Northwestern

Lake County, lU., School District, 68.
8«Bd for DeacriptlTC Uata.

ic

CliABK,

RICB,

L.

SALE BY

17

C. R. CnABi.>s, Becretarr,

City of L'uia, Ohio, 5s.
City ot Bloomlngton, lU., 8b.

CHICAGO,

Foil

HABRiraAN &

E. H.

I

JOHN UREBNOCOH,

and accrued

City of Clevelauil, Ohio, *'««.
City of Cincluuatl, Olilo, 48.

W, HABKIS

per Annum, payable Jan.
1st and July Ist, Unaranteed in Perpetnity.

-.

40

6s.

FOUR PER

CENT

lasned for the extrualon of tbe Hystem of
Northwestern Railway Comthe Chicago
pany* and aecured by depoalt of First Mort*
Kase Bonds.
The underslKned are now prepared to recetye sub
scriptiona for a limited amonnt ot these bonds at 101

BONDS.

H.

Interest at the rate of

&

Boott County, Iowa, 58.
Logan County, Olilo, 6a.
Hodxonian County, Kansaa,

Bloomlngton Township,

Pacific

plan for the reorganlcatlon of the

Ballwaj, proposed bT the underslKned comnilttoe. i>
DOW rasdj for distribution. Copies mar be had upon
Parties desiring to
application t^ the Secretary.
participate In the benelit uf this plan should deposit
their securities with the Central Trust Companr ef
New York on or before Sept. IS, 18W.

JAMK8 F. DWIOBT,
OBORUB WARREN SMITH,

W»bu8h County, Ind., tis.
Montgomery County, Ind.,

&

Texas

Central RR.. Co.
LiEASED LINE STOCK.

Illinois

or TBB

Railway Companr,

XUn.

f^iunncinl.

^tuattclat

I^iuanciat
8t LoBia

[Vol.

Providence, R.

I.

Saratoga.

Transact a General Banking BuainMt.
Direct Private Wires to each oflace

and

PHILADELPHIA,
BOSTON,
WORCESTim.

to

HUNT'S MERCHANTS' MAGAZINE,
ttPRESENTINO THE INDUSTRIAIi AND COMMERCIAL INTERESTS OP THE UNITED STATML

VOL.

SATURDAY, JULY

43.

%ht dttonicle.
Ths Commkrcia^l AXD FCIANOIAL CHKOnCLB M fuNMMi
Jfmt T«rk ttrjf Saturdag

(

in

momiMg.

KaMNd M U« Port OOo^ Xev York. ir.T., M MO*o«elMa own matter.

wxLuxa

(on

o.

m. damjl.

rvoro.

10,

NO.

188a

1,098.

our statement participate in the improvement recorded ; at
that one point (Utriford) the decline shown results (as
explained on June 19) through very heavy operations in ISnSS
on the pirt of the State Tressury. For the »iz months sinoe
J^nunry 1 there is an excess over last year of 38 9 per cent.

I

SWII.LIA.1I B. D4NA * Co., PnblUhrra,
1» * St Wllllaa MrMt, NKW VOKK.
Ptmt OrricB Box »M.

—

Oa iwKe 47 will be foun<i the detailed ncams, by Sut<>«,
of the National Bankf, under the Comptroller's call of June :>,
kindly fomiahed ns by Mr. Trenbolm.

BoaUa.
rrartSaaaak
Banr>«4....

Raw Bwraa.

CLEARING HOUSS RETURNS.

rpctiMS...

Th« asdiaiigas for tb« week anding Jaly 2 raach a larf^er
ccrrgato Ihao for any aimllar period sinoe the flrst wwk of
fSbnarj, and in fact the present total baa been exoeedcNl but

!5^:

twice since the opening o( the year. The inorsase exbibitei
orer the preceding week is, of oourae, to a oonsiderable extent,
due to the half-yearlyiettlements. Gontnalad with tlte corresponding week of 1886 there ia a gain of 86-1 per cent, but
the compariaon is bet ween six days now and Ave days a vear
ago; making allowanoa for the other day, however, there
wonld itiU te an exoeas of about 18 per ceat.

1UW.IM.174 i.iM7.37oj» tsraaa^jM, ri.ism iM.aoe3>a,ta7
OirtaiSa K. r.

!.»4,M»*7

i.i»vv<M.atHl»i7ii'

+118-8

7,im.ii>ii.aai)' ii.tii)3«i.flrt»+ie-S

Our compilation ixiverinx tr<insactioas on the various New
York exchanges now embraces the first six months of 1886
and 188V

au

Dtnrtftto».\

Par

Vatitt

Actual
VoJar.

W170SU1HI

Sloakjf

<M

t>'

70-1

Actual

Avr't*

KollM.

38,07«.8(M

«n«4,«!r;.M0 (siiasiaeao

SM8.MO.0M

(I|B.I04.«08

S,4W.100

fS-BM/MS

7:>Mn
Stt-S
r*.'

montte. 1888.

Awr'tt Par VoliM
PrU*. or QvoHUty

8B-S

BB.bur'

OOTt
aula bBaaka

mx

WW.

monllU,

KM».4aO

{1.171.771

iim
4S-1

lU-8

IU-7

tH.-'TJ l-IO« i.sio.64*,a<» tiietVHS.iiTv

MA-as
sas.7Hi.ss3

THWIO*

MS SO

8.M7AH MT-lOt
14,780.883^00

of exchanges, as received by telegraph this
cover only four business days. Int^ijwndence Day

The returns
evening,

tiaving intervened. No fair comparison ca JI^ *^fore. be
1880, as five days were then imcWOSr Notwithstanding this there is s small excess in the whol* country.

made with

Mm Dof MmMmt July

9.

Maw Tort
aalmof

•klroala

aw Oriaaoa...

The rssolt

for the month of July is certainly very favorable,
the gain oTsr the praoedlni month being $400,098^80. while in
eoaipartBoa
with July
JS
-, r.f 1
excess reaobss 83'S per cent.
.
It b also to be nolski that ali bat one of the ciuea included in

Total
Balaoaa. Ooaatrr*

<

-

—

Um

Total

all. ......

NawTun
•nUaaMdua ua OaaU a( tba laat waakir ratam^

Oaulda

S Lyy Snd'g Jutu

S.

—
THE CHRONICLE.

32

[Vol. XLlir.

dition together with the tmcertaioties the silver situation

TBE FINANCIAL SITUATION.

must prevent any settled feeling in the financial
For these reasons we do not look for
London.
The tone and condition of the money market, as
demand for our securities. They
sustained
either
a
large
or
a
we anticipated, have ruled decidedly easier this week.
will go out to some extent as trade prospects improve, but
Bankers' balances have loaned at the Stock Exchange at W^
the necessities for regulating the gold currents will probably
and at 3 J per cent, averaging only about 2 per cent, and
make the movement fitful and spasmodic. Commercial
renewals have been made at 1\ per cent, but the banks
bills are reported scarce, the offerings being promptly
have demanded 3 per cent, and in the majority of cases
absorbed by the drawers of long sterling who are still forhave obUined that rate. Three of the largest banks held
As the
for discount in London.
million dollars re- warding their dratts
introduces,

circles of

week over 10 millions out of the 11
week
erve reported by all the institutions in the Clearing House,
last

one having 5
over

little

millions, another 4

which

tenacity with

and a third a

millions,

This condition accounts for the

million.

1

adhere to 3 per cent

all

for call

rates

main-

closes, cable transfers

the exchange market

Bar

silver has taken

now down

to

statesmen

at

have

fallen off

and the tone of

is steadier.

one more tumble this week, being

44 7-16d

per ounce.

"Washington

who

It

insist

may

interest our

upon compulsory

money, and also for the comparatively
The latter the banks are coinage, to learn that the bullion value of their pet coin is
tained for commercial paper.
expresses
should
there be no resumption now just 75 02 cents. One of our leading bankers
freely,
but
buying
not now
cause
of
the
late
decline
in
silver
is that
the
opinion
that
the
of gold exports, it is anticipated that they will be more
silver
in
London
part
of
its
left
over
Germany
is
selling
a
eager purchasers later on, and that rates for paper will
same
authority
accounts
for
this
way
the
th©
thalers.
In
At present the quotations are as
c<)n8eqaently be easier.
recent movement of gold from America to Berlin, the total
last reported.
which, assuming that the shipments to Loncable to us yesterday we learn that the amount of
stiff

—

By

special

don were for Germany, being nearly 10 million dolchange in bullion in the Bank of England (which was
lars.
It seems that there could have been no need
made
was
reported for the week at a net loss of £196,000)
for gold on account of the conversion of the Russian loan,
Australia,
principally
from
receipt
of
£131,000,
up of a
and a shipment to the interior of £327,000. This free as its conversion has been deferred, and that this fact

movement

to the

bank reserve

to liibilities

since January

has brought the proportion of was

interior

But

6.

down

as this

to

35| per

decline

is

cent, the

known

lowest ment

not due to an

export movement but is simply a temporary drain to the
interior of Great Britain, and as so large a part of this

to

in Berlin before tbe withdrawals here for ship-

that point

had been made.

inclined to accept this explanation
first,

because

Germany

if

Still

we

are not

for the fall in silver

by
upon

there were any such continued sales

the fact would be well known, and not rest

arrival from Australia, it is conjecture merely; and second, because there is sufficient
have any immediate effect on the reason for the decline in silver in the condition of the
Silver people have long had the
Still stock speculation is India exchanges.
official minimum of the Bank.
evidently on the increase in London, and though dis- idea that India's power for absorbing the white
Now they find that what they took
counts for CO days to 3 months bills are even yet about one metal was limitless.

drain was

made good by an

not supposed that

it

will

would not be a surprise, in view of this activity for an insatiable appetite, is simply a demand limited
in stocks, to see the open market rate advance, especially by India's favorable trade balance minus what that country
as the elections are now about ended and their complexion annually has to pay Great Britain for interest, dividends
India
decided so as to permit a revival in business. Another and remittances by its Government officials, etc.
the
last
overstocked
two
or
more
years
has
been
through
we
also
have
by
cable
is
that
Great
Britain's
fact which
trade report for June was issued this week, and though the stimulus which its over-valuatioa of silver has
the imports show a loss compared with the same month last offered, and now the exchanges are showing the effect.
per eent,

it

year of £140,000, this loss was due wholly to lower prices
for commodities, while the exports increased, notwithstanding the lower prices,

This

is

in the large

sum

of £820,000.

taken as indicating, even in June, a

proved state of trade.

Altogether, therefore,

it

much

im-

looks as

if

This week the cable reports that India-council

bills

were

on Wednesday at a decline of 5-16 of a penny
In that fact and in its causa which we have
per rupee.
explained more fully on previous occasions, is the whole
allotted

secret of the situation.

The renewed speculation

wheat has been the prominent
and of considerable importance in Wall Street circles as well, through
rate would tend upward also.
Arbitrage houses were large purchasers of securities the natural sympathy and interest which a threatened loss
As usua', Chicago was the cenhere for European account the early part of the week, in railroad traffic causes.
and their free offerings of bills led to a decline of one tre of the movement, prices having advanced from about
cent per pound sterling in foreign exchange.
The prop- 75 cents a bushel last week Thursday to 82f^ cents on
erties mainly bought are said to b^ the Eries and the Wednesday (though reacting materially since then) on
stocks and bonds of roads which have recently been re- rumors of great damage to the crop from drought in the
organized. Some of these takings may be more or less Northwest.
But this claim of injury and consequent crop
permanently held, but it 'is claimed that the majority of shortage (although some damage has undoubtedly been done
the purchases have been on speculative account, and in that section) is little more than a pretext for the

money must soon harden
and

if it

does,

it

in the

open market at London,

seems likely that the course of the Bank

may

in

feature in commercial circles the past week,

when a satisfac- advance, the strength of the movement being found in the
The foreign demand for large short interest existing and the general scramble to
oar securities it is impossible to rely upon to any cover which naturally followed such rumors, mixed as
extent in the present disturbed state of the value they were with truth influences especially strong when
o( silver
bullion.
So long as this silver derange- a recovery starts from very low prices. Of course, if
moBt continues (and we see no present way out of it), the London market were to support our advance, the
the money markets of Europe cannot fail to remain ex- upward movement would be permanent and continued
tremely sensitive; and especially while tbe bullion in the but in the present state of the silver market and of the
that their resale

be looked for

tory pro6t has been secured.

—

;

itank of England Jceeps at so low

a

figure,

this

aya

condition of crops in other producing countries, there

7

J LT

10,

;

-

THE CHRONICLE.

U86.I

88

reason as jet to expect aoy coasiderable
These resulis for June are too uneqaivocal in their
Then with rrgard to the damage to our crop, teaching to be misinterpreted, and bo aro the month's
it is confined to the spring sown grain, the winter wheat railroad earnings, our usual review of which is given
on
crop being already made and moallj gathered and as subsequent pages. A feature in the above that will attract
the jield of spring wheat was at no time estimated at special notice is the expansion outside of New York
as
orer 150 million bushels, even a 33 per cent loss (and well as in New York; anH still another is the absolute as
there is not the least evidence at present of any such loss) well as comparative improvement notwithstanding
the
would be but 50 million bushels, leaving still a total yield month is usually one of contraction in business. As our
•eeniB

little

response.

;

of 400 million bush«I^ giving us a very considerable sur-

To be

plus.

com was

sure,

the drought had been continued until

if

readers
month.*,

may like to see the local details the past six
we give the following brief summary, for eight
As six ciphers are omitted in each case, the full

would have proved a serious years.
done affords faced type represents thousand million'.
aicntKOM roB »ix months, jasdabt 1 to jolt
BO real basis for any excitement or speculative fliyry.
Besides, we are jast beginning the marketing of this (•••.•••• Ml«t<«i> ISM. MM. iaS4.
IMS.
18SS.
oaw crop, and have we not had severe enough experience
•
s
•
s
ll/HS llJKt
of the fooliahoess of a speculation in wheat started at that Mew Tort
Boctoa
seriously harmed,

diaaster; but

up

it

to the present time the damage

,

period, not to

try

it

again

Tuis

?

effort, if persisted in,

Ptailul«l»hU....

1880.

1870.

s

*

«
ia.387

19JM

a.007

1.000

l,aS4

l.TW

1.:

LOSS

1.M6

i,aei

ipirre

1.300

M5

Hi

Lsa

337

314
l.OSI

SOS
SSa
ass

»1<

>M

Balllmurv

1879 to 1886

1,

I88I.

l.«l»<

l.XSli
'881

S90
would be the fourth attempt of the kind within as many CmcMO
I.ISI
1.1M 1,
78t
MS
Loult
*7«
SM
41S
«37
418
su
years, each of the previous ones having terved aolely r s a
aa7
Me» oriawu...,
UP
ib;
S7l
ma
source of profit to India and of loss to America making iwi fnaaitco..
«7«
SSI
SM
S81
Total
for India a market to sell her protluca upon at fair prices
tf 1.814 I S.^il -{a.^XI -t 1.440 98,3Si 31.TM a4.06it 18,0UI
Otber eitiM
i,j«i
i.?is
i.ua
Vlv
7H9
671
while keeping back tiie bulk of our surplus t? be sold at
Total all
34.78< •n.sat ia.1187
tiie end of the season for what it will fetch.
A« already Ovu'.da ittm Tort T.X1S a. isoj a.T« •.sea' ^.TtM
fl,M7 ifien 4,91)0
stated, we shall undoubtedly raise from 450 to 400 million W. T. daailam, !«<•
SoablaMookHlM. l9fiBt' 7.M0 1].01fi 1-1.798 14,n0 i^.aaTli3.-43
boabela of wheat affording at even the leaaer figure
Compiring the figures of 18S6, with those of 1885, this
nevly 100 million bushels for export.
Mea and banks
lit.

,

—

I

I

.:

I

—

taking part in an effort to check the froe markfcting of statement imlicites how general the expansion of business
volume of produce, miut belong to the class of which has been in progress has been. But perhaps the

this vast

people

(aad there are

mtaj

nothing from experieooe.

of tbeio)

who can

With regard

to

lesrn

the other

most

the above is, that leaving out
months aggregate of all other cities is
any of the other previous yiar«. We do

significaat feature of

New York

the six

crops, all we can say now it that they were in the msia greater than for
good before the drought began, aad if the rains which not aMume that this indicates a better condition of trade
•re just reported in the Northwest prove to be general than ever before, thoui^h trade is obviously batter than
(and the latest informalion anmi to fully affirm thai), Uat year, and up to this time, and pirticularly during
the recent doubt will be remortd.
Com was reported in Jaae, has beyond doubt been improving in many
excellent condition a few days siaoek
But we forbear ex- particulara. Bat when comparison is made with pre-

prcasing further opinion aow,

the report of the Aicricul- vious years, other considerations must not be
lost
Department will be iaaned this afternoon giving the tight
of.
For
instance,
Boston
larger
has
a
condition on July 1st, and will doubtlen afford a good toul for the six months of 1886 than for any simibasis for a eorreet judgment as to the present situation.
lar
period in
the record except
1881, and almost
tural

With regard

to general business, it

is

undoubtedly and

decidedly on the incraaae. Profile are small beyond question,

large

as

cannot,

as

then.

In

interpreting^

for instance, forget

that

fact

one

the growth of Boston as

a

aad this is a commoo complaint, bat nla are active and centre of stock exchange transactions and also the
locks of goods are light, while b«U«r prieea are anticipa- growth of corporations, especially railroad corporations,

8oaa

ted aa the season progreaaes.

bbor

uaaaaiBeaa respecting

which sets more or leas aa a depressing
influence, leading aa it does to no little hesiuncy on the
part of manufacturers desiring to undertake new work
•aide from that, the local coaditioos seem wholly favorable, and th^ t«iH«ocy towards an iooreasiog distribution
of goods very proaounced.
Xo surer indication of the
ezpaadiag traosactiaaa ooold be offend than the figures
is

still

felt,

within that period, which are

more

particularly

profMTties and wholly or mainly dealt in there,
actions with reference to
neoessarily enlarged.

which are even

And

this

Boston

the trans-

in quiet times

circumstance suggests,

what a vast volume of stock exchange transactions ought

New York if business of the country
were to become as active and risac'i the relative proportions of 1881.
The above table shows that in that six
months the total New York clearings aggregated 10

to be in progress in

We have this week made up our
monthly sUtemeot, aad give it below.
According to it thousand millions more than in 1886; with values as high
the totals for June aggregate very nearly one thousand as then, the operations of an active year now ought to
million doUara mora than for the same month of 1885
show a very much larger total than in 1881, making the
or an increase of over 33 per cent; and even outside of business prospects of the Exchange, if trade continues to
>'ew York the increase is fully 17 per cent.
develop, very promising.
of clearings preaenL

Utntk.

nm u »m

motiiiL

CImHii^i Ou l tUt

vmjmMH

....

SL«M;Bt.an

s,u«Mt,«n
Oalo«n..

<f*«

unojssjie

t,mut2A*»^im
*MtM»Aa* SkimjsatulHM

i.«ssjoa,fn

14M.I18.SSII

-frs

•SMI<>.ii^>

-f-i-o

siu.Ma.!«w

+46

l.Il!3,0ei1..1:;l

I

11

8

H-»

l.l3S.iMl.iae|

+0

l.iaT,»IS.3Hn;

I.

mi .004.3

tjm.mjn

\P.Ot,

I.OM.SIN.aiHj fSt-S

asiMSMt?|-M»S uswer^nl
lllMS«.Ui ajojnjss ^1»^

Fork.

MMM.

r.cL
JwXj

Wrw

1

'tl-S

aai.4itu.>.vi

M-a

'I

i.i»7.l>i5.mil

l.ftll.7lo.Tr.ri

ajMnMt.TtO *UrO

I.1M<.1U,IJ83

i.oa.',-'i(4.»f.w

irt
IS»
iro

«J0l^M«.4ft>

'.msuimiI
.

^1

i.oBS.wnjvm

t

An act of rare honesty among railroad oflSciali is
brought to light this week in a published announcement
with regard to the Denver & Rio Grande Railway Com
pany. The notice is issued by Messrs. Maiiland, Phelps

-

&

Co.,

and

states that

under instructions from the receiver

of the road they will pay interest at the rate of 6 per cent

per

annum on coupon No. 28 of the first mortgage bonds
November 1, 1884, to August 1, 1885,

for the period from

and on coupons Nos. 29 and 30 for the period beginning
respectively May 1, 1885, and November 1, 1885, to
December 18, 1885. To comprehend the meaning of this

THE CHRONICLE.

84

must be understood that when the Denver
Hio Grande was placed in the hands of W.
Jackson as receiver, in' 1884, default was made
notice

it

the payment of the coupons

of

&

month

S.

the

in

back

the various issues

all

in the fight.

of

[Vol,

XLin,

Unfortunately, the figures of this road for

May have

to April, however,

Going
month the

not yet

been published.

we

that in

find

that

gross earnings of the entire system from the Gulf

to the

had increased $213,413 over the same month of
of bonds of the road, including even the
preceding
year, but that in the net there was actually
the
these
to
reference
gage bonds. We criticised the step with
a
decrease
of
In that month, the three roads
the
$139,746.
considering
that
and
sUted
hktter bonds, at the time,
in
table
above
had
results
very much the same as for
of
the
equities
the
also
considering
and
the
lien
-character of
first

mort-

Pacific

May, about the only difference being that the loss in net
up on the Atchison was somewhat heavier and the gain on
the coupons, and now bondholders are to receive interest the Northern and Union Pacific somewhat greater.
The general stock market this week has been mainly
for the time during which the coupons were in default.
32
under
On Tuesday,
the influence of the crop reports.
This interest amounts to $1 57 on the first coupon, $1
after
intervening
holidays,
when
the
worst
reports as
the
coupon,
third
on the second coupon, and 28 cents on the
these
to
spring
in
Northwest
were
all
the
condition
of
wheat
the
over
bond
held
his
and the bondholder who
first
market
plunge
each
current,
the
took
a
sharp
downward,
on
17
entitled
to
be
$3
would
thus
defaults
$1,000 bond. The money will be paid to those who re- in which it was aided by a break in Western Union, which
ceived payment of the original coupons and who had to go on the previous Saturday had by manipulation been
without the money equivalent of the coupons during the marked up about three points in a single hour. On
We think the act the more deserving Wednesday, it appearing that the harm done by the
interval of default.
of commendation that it was not brought about by com- drought had probably been exaggerated, there was a
pulsion or as far as we know by external pressure of any marked reaction from the previous day's depression.
On Thursday, however, there was renewed weakness, on
kind.
between
the
rumor
that
the
war
reiterated
reports of crop disaster, and also because instead
oft-recurring
The
trans- continental roads and Pacific Mail was about to be of progress being made towards a settlement of the Norththe case,

we

However

regretted the

necessity

for

such a course.

the receiver soon adopted this view and took

brought to

a

been current

close has again

this week,

western rate war, hostilities were continued with increased

some further reductions

though, as before, the hi@;h contracting parties deny that

vigor and

anything definite has yet been done.

There was a meeting on Thursday of representatives of

It is quite within

in

rates took place.

that the difficulty rcay be the St. Paul, the Rock Island, Union Pacific and Wabash,
and certainly it cannot be con- at which the old tripartite agreement was resurrected, and
tinued indefinitely; but beyond that the outsider must at which it was hoped initiatory steps towards an adjustawait a determination of the event by those in control. ment of the rate difficulty would be taken, but the BurIt will be interesting, however, to note the effect of the lington &
Quincy managers would not attend the
war upon those engaged in it; we cannot of course say meeting, and the Chicago & Northwestern people, after
much with regard to the result to the Pacific Mail, since they understood the nature
of the arrangement
that company does not furnish monthly statements of its proposed, found that they could not become aparty to it.
doings, but all the land lines do furnish such statements, Pacific
been
one of
the features of
Mail has
and with reference to these, therefore, we can arrive at the market and on Thursday and Friday moved upward,
some idea of the extent to which the strife is affecting it being reported, as already stated, that there was a prosthem.
In our last issue we reviewed the return of the pect that the trans-Continental fight was about to be
Northern Pacific for the month of May, and this week brought to a close, the Pacific Mail accepting the terms
we have the Atchison Topeka & Santa Fe and the Union offered it. Lackawanna has been a weak specialty all
Pacific for the same period.
Bringing these three through the week. The trunk line stocks have been

the range of
settled

up

probabihties

at short notice,

roads together, here

is

the result.

noted for their strength, Erie securities particularly commanding increased attention. Yesterday the market

AUKiton.

ViHonPaeific.

Northern

Pacific.

Man.
1S86.

1886.

t
t
QroMaunlniit... Sjni.44S «,oe7,es8
Opeim'R ezpenaes i.Bstara 1,435,434

Het earnings...

647.17*

esa.oM

1888.

1S8S.

1886.

closed shghtly
features

«

in the

(

1.193,178

1,184.080

9S3.731

901,100

09:1,424

«74.154

479,S3tl

484,915

609,986

604,395

438,165

504,749

weak and

1885.

Bloomington

final

rather irregular,

one of the
Indiana

trade being a drop in

& Western

to

covery subsequently to 13f)

12^ (though there was a refall of about 10 points in

—a

Louisville & Nashville was also a trifl,a
as many days.
any disweak, and lower.
astrous effects as the result of the war.
Every one
The following statement, made up from returns colof them has an increase in gross earnings, and the
lected by us, shows the week's receipts and shipments of
Atchison is the only one among them that has not a gain
gold and currency by the New York banks.
That is conclusive as to these. We may also
in net also.

Certainly these roads are not experiencing

say that roads like the Burlington

&

& Quincy and the Denver

Wttk mUnt July 9,

1886.

Rio Grande, which are to some extent affected by

the course of

trans-Continental

and business, likewise give a very good account of themselves, and particularly the Denver & Rio Grande, which for the month
shows a gain of $44,742 in the gross and $8,459 in the
The Burlington & Quincy for the same period
net.
has a decrease of $100,227 in its gross earnings, but a
gain of $10,890 in its net. There remains, however, the
Southern PaciBc, with its half rail and half water route,
on which naturally the effects should be more apparent,
rates

Recttveahv
SlUpped ^|/
N. T. Banh$. N. T. Bankt.
t64a,0OC

QoU
Total KOld and lesal tendera

The above shows the

1788,000

25,000

1668,000

1788,000

S<t Interior
jrov«nt«nt.

Loss..

Oaln..

tl45,0OO
la.OOO

Loss..

tlSO.OOO

bank holdmovement to and
movement the banks

actual changes in the

ings of gold and currency caused

by

this

from the interior. In addition to that
have gained $3,000,000 through the operations of the SabAdding this item to the above, we have the
Treasury.
following, which should indicate the total gain to the New
York Clearing-House banks of gold and currency for the
since the greater part of the overland through business week covered by the bank statement to be issued to-day.
has been going over that route, and the Southern Pacific It is always to be remembered, however, that the bank
&nd the Pacific Mail are really the two main competitors statement is a statement of averages for the week, whereas

.

July

THE CHRONICLE.

10. 1886.]

35

the figures belo«r should reflect the actual change in the

of about a million and a half, while in the

condition of the banks as between Fridaj of last

May, the increase had been only $652,647, in April it had
been but $175,532, in March $207,347, in February
$1,230,243, while in January we had had a decrease of

Friday of

week and

week.

this

jut^

ir»

InUBmlu. Ouff

9. lasa.

Ckonotn

Ba»k Baldinti.

In other words, as concerns the extent of

$1,012,288.

the increase, the June return
a«in_

6^000.000
>

«ot4 »Dd l««»l

«—d«r».

The Bank of England
for the week.

ta.W8.IMa

s.a>>.>>oo

Q«ln. W.SHO,riub

reports a loss of £196,000 bullion

This reprewnta JCI31,000

of France shows a decrease of

ment we have had
June

MOfO^.
l»0\.

gold

last year.

Il»ii>

«7,3as
«T,4ns

of previous' years.

iir

37.ao2.n7
M.ril3.3.%7 4A.043.0U 4«ooe.i«» «3.I06.967
l*,tM 370 1S.324.7M 1S.28748V 16.239 SM

flwiiwj

Wl.t71,SMS0.AM.7iM
..

for

vincnaxor
DeereoM,

UML

44,483

ISJIfiSMS

ISSS.

Dm. 1,018,838
Inc. 1,830,948
I7,747,7»t Inc.
807347
I7.a(M..MU Inc.
17B,93S
iMnA'tv I HO. aiH,«47
14,963,338

l<3^IM

4IU74

l7.«a5.ilT3

47,710
4S.a85

I7,48VMI

4»T»

*>.liai.«30l 17JII>-,»tU tat. a,iiaa.«90

course to

i7,o»,i;»

know

wtietber this heavy

On

that point

it

can be stated that

June has not for some years been a particularly good
month that is to say, both in 1885 and in 1884 the
aggregate of the roads contained in our table showed
some declina This may be seen from the following recapitulation of the June results back to 1880.
It will be
noted however that the gain the present year is very much
heavier than the loss in either 1885 or 1884, and moreover
that the losses in the two years mentioned came after a
very heavy increase in 1883, and after gains in 1880 and

—

*

M

21.173.6731

IMal tkia weak

summary

BanUngi.

IMS.

ia.aae,3iM

mam

JulflO, IMM.V

8. 10S«.

M
of "-f'^Tl ..
of Ftmiwe ...

the

gain follows an increase or a decrease in the same months
SUmt.

BABk
Bmak

I

«a.*M
iajma
n.oaa

It is interesting of

/4V

is

MUm.

and of 650.000 francs silTer.
The Bank of Germany Jamtj <M rmS*)..
FabnuTT (OS roa4»).
lost I8.:/2Q.000 marks since the last report.
The follow- ltar«h(Cl road*)....
Aprtl(a7n*<l»
ing indicates the amount of bullion in the principal
Ma7(ta rai4*l
European banks this week and at the corresponding J«»«(S» ruadt)
date

the best monthly state-

Here

figures only.

The Bank

12,025,000 francs

is

this year.

each of the six months, the Central being included in the

received from

abroad, and £327,000 sent to the interior.

month previous

59.3

lT8l7

|lW,Ml.Sls!6tX>7*.7>«| 4««7O.«00 &9.&87,978

The Assay OfBoe paid $292,802 through the Snb-Treasnry during the week for domestic bullion, and the AssisUnt
Treasarar receired the following from tha Custom House.

1881 that were simply marvellous.
Butt.

ff^tim

•MMTt

m

1

M

1

MS.44a91

•o»jMn
•9.44M.7I1 68

rtar

lAMO

474.000

4t;,000

484.000

23.000
40.«Wu
83,000

•tojMm fS.010.000

•13«.0ili>

S2»T UOO

6MM0

LmIiid«l in th«a bore p»ymaa(s
eoia,
d doIUn.

w«re

Ol.tMu

M.OOO

«5,500 in Sliver

r«ar

Tmr

JANUARY

S

•

Jbm,
JVM,
JBMl
JWM,

lSS0f4Sn»ei)

UBl(«8rMd<l

1.119

ia8i(t7nMdi)
UHt.TSroad*)

18064.779

IXStSJM

17.006.006

ItMia^eO

Inc. 49111J7S
Inc. 8,M89,6n

4ajMi

9«,64eklW

61,180

ta^'iMoa «4.)«6.X9|riw.
I9i»l,84» 8a,08S,w«OK.

U6

Joaa. ISS4 (»7 roada)

40.971)

41^

JaM. laaS(Mruada)

41,»40

40,1113

10.887,167

Jaoa, ISSS (60 raada)

47,«M

46,774

9n,usi.s.<u

1397,(188
Sll.flSt

IO.04t.78W Ore.
807306
i7.a»i.sioUiw. 8,068,000

There were several influeaces that contrtbuiai to bring
about such a favorable result.
In the West and Northwest the movement of the crops (taking

RAILROAD BARSIXOS IX JUNE AND FROM

Im ri— «r

?=r

(Mara.

84S.O00
44.000

•14.000

MWyOSO
«Mf

S.000
t.000
ijooa

a07.SMflS

IMtf

JMw.

iSl

ie«.ni 90

aUmtOtr-

V.M.

fM*.

all

the cereals to>

gather) was on the whole larger than a year ago, though

TO JUNB 30.
in wheat there was a falling off, which affected unfavorhare we had'sueh a favorable ably the roads chieQy interested, but which also in most
etelement of earnings as that which it is now our privi- cases was offtet by a gain in corn or oats. The movement
lege to record for the month of June.
And in saying of live stock and certain items of provisions likewise seems
Not

this

1

for a long time past

we have reference not merely

amount

to the

of the

increase which the table shows, but to the fact that the

gains are so general

—extending

to nearly all sections

and

have been larger. On the other hand, there was all
through the month a war on passenger rates between the
roads of the N'orthwest, and during the laet ten days of
to

In the
the period the war also embraced freight rates.
noteworthy feature of the exhibit, offering an excellent South and Southwest the roads have been pretty generally
fllostration of the taadaooy of earnings during late aided by the augmentation in the volume of the cotton
periods.
Leas than a dozen of the sixty roads report- traffic.
With reference to the great east-and-west trunk
ing record any falhng off as compared with last year, and lines and the connecting roads dependent on them, the
the roads thus distinguished almost all owe their decrease favoring feature of course has been the higher rates in
to a cause or condition peculiar either to themselves or to force this year as contrasted with the poor rates of a year
classes of roads.

Indeed, this latter

is

the chief and most

the section of country traversed by them.
Bat as regards the sggregate extent of the increase, the

ago.

Then

also the revival of activity in

many

different

departments of trade and industry, and the increased
«Utement is no less striking. This increase reaches over hope felt by business men everywhere, has been a circum •
two million dollars. Of course, we include this time the stance from which not only these lines, but the roads in
New York Central, which we have not before been able almost every section of the country, have profited. Perto include, and whose earnings in 1886 emorace the West haps It is also fair to assume that after the reaction from

Shore reeeiple, while the comparative Bgures for 1885 the depression occasioned by the May strikes, there was a
oorer the Central proper alone, so that this one road con- temporary increase on account of business previously detribatee$626,!)l9 of the two million increaie reported. layed or deferred.
Altogether it may be said that the

Without stopping now

to consider

how much

Oentral's inereaae was due to the inclusion
fRiors, suppose

we

4he sutement

even

;

eliminate the Central
in that case

we have

of the

half year

West

railroads,

of the

altogether from
left

an inc

closed under

and

very favorable auspices for the
in the following

this silualioa is reflected

statement for the month, which
detailed form.

we now

give in our usual

..

THE CHRONICLE.

36
•Kow ASNOoa xno nasAOii

scanned even more eagerly.

is Jvse.

b-t.« Xaniiii *

188S.

>

•

.

215.000

BulI.Ito<U.A HilUi"
•BiirllV.I.R»|.. *S<).
OUJU'llUU P«clflo
CcQtr&l Iowa...
ChlcMCuA Alton

149.731
893.010
07.321
C 5.022

Chic* Kutrni

12-t.52l

BaffiloN.Y.A

Phil

III...

Olile.Mllw.*8t.P»u!

CblcMO * N' >rt b wmi
CBIt. Ht P.MInn.AO
Chlr.
ttn.

86,73'
891,200
110,812
1,865,499
1,997,679
470,508
117,266

491,000
Ilu,tl09

i;h..
PiKl

.

•Ctl)

1.59,67»<

734,8rt2

2,l»tl4.00i
2. 42,300

.

' •:»....

••

'
1

211.857
106,255

7tJ.-140

.

•a:.

UOtagti.

•N..' A
•Vl.i.-

.

'\v~\.
Cln. w..~
•Clc\.- A

2V.4.^0

20,-*76
I.S.672

JS.SO')

11,5S1

litf.200

114,206
28.892
26,012
525,342
20,088
103.209

•.

.

.1.-

1

A

i..ilt....
..^[1 ,V (.%»1..

.

Cleviljiiil

31.601
32,983
£60.268
IT.260
96.717
60.012
1 17.395

r.iiiion.
<iraHilH.

A:

Dvuv. \ Kui
•De»MoUieji.tFt. I>.
Detroit Iadk'k * No

Etumv. a T.

Hnii'H

.

.

•niDt 4t Pere Mwro
tSrand Tniiik or < -mii

1,3" .7,6

Ill.Cen.dll.ASo.lJlv

•Do

(lovi-u iliica)

Ind. Bloom. A West..
iBd. Decatnr A8i>....
•lUn C. Ft. 8. A Gull
'K«i.. C.8p.

107.090

-6

1.103,2<1

r 90,300
lOii.eOi.

605,482

1x6.934

167.56?
24,153
121,531
73,995
284.257

l/>uif Ifllaiid ..........

29^,539

X^uUvlllediNubT...
•Jliirq. IIoiDTh. <k On.

1.0rt9,370
gu,.^03

IMexlran Central
Milw.L.Bb. A Went..

85.427

278.770
108.486
47,300
108.785

47,t)3j

Mobile AOUo
?S. Y. Ont A H R.
N. Y. aty ANonli-n.
aN.Y.Out. ct Wcdl'n..
Norfolk A Western...

H7,fi82,599.933
47.236

1,972.914

12(f.28^

10;i,8ol

2)1,841

Mortbvrii Paritlo
OhloSoiUtierii

1,045,.'>47

170.459
1,012,507
26,876

A

33,6a0
55.347

4S650

ti Gr'v...
TirKlulu.Mkll.'ind ..

i2i.y()f<

Columlila

44 028

No. Carolina
St. JoeepbiSr ud. IrI..
8t. L. A.&I.H.in.lInt

-6,492
t-

H.^,827

4.501

+ 10,305
+ 205,395
-15,162
+5.459
+29.371
+4.622
—1,724

+ 14,904
+ 11,182
+51,19''

413
342
330
293
196

413
342
336
295
198
142
170
231
144
161

14-.!

170
281

141
161
1,317
113
261
146
361

1,317
143
261

361

2.91.<

2.«1,S

1,664
40.

l,0u4

2^2
351

402
532
132
389
282
S5l

2,016

2,015

.532

152
38!i

+ 13,487
+ 31,385
+ 33.i)tO
+6.s:4
+ 7.402

321
503

321

503
12S

2,433
128

2,'-.i

2.54

+600

77«

+ 3.905

36;-

774
363
201
333
274
252

266,294
42,745
30,974
118,093
35,162
6\,855

+ 19,972

87,H.ib

+6,4d0

2,77^

-7.274

291

2,015

353
274
252
19o

1

+ 8,>fK6

47,53J

+ 4.37f

13>.

19.5
l:i8

.

94,116
51.9;0
3m2.447

3.<9,077

+23.070

il.kl)iiliith...

U3,^(l.^

124,733

+ 18,770

871|
225!

815
225

471,062

SIl.iilD

-4<'.^,53

1,470

1,47U

96,0^'
962,7411

69,8 SI
804,394
80,25S

735

73S

Do do

loranclieal.

Loath ii. San Fran

8l.P»

at.Piiul.Mlnn.AUaii
TttUn . lUl^Hla....

Wab

8i. i.i>iiii..k Pac.
*nriV.oni)in Central..

75,497

+26.160

+ 158.341.
-1,701

2,lt0 2,140
418
418j

Total <60road<i).. J0,0.M,«30 17.992,640 +2,Of.8,9.^0 17,402 45.775

Oregon R- war &Mav.

Grand

491,500

382,782

+ 111,711-

is

war was acting

that the
clear,

We

need not take the

to bear out the reports

as a stimulus to business.

It is

however, that there might be an increase in earn-

ings entirely apart from

The

this.

on
and 1884, would
the more probable.

fact that earnings

these roads were rather poor in both 1885

naturally

make

a recovery this year

all

Tfle circumstance that the business situation generally

has
been more hopeful would tend in the same direction.

movement

Finally, the

was by no means

of the cereals

small this year, and in some grains was very heavy, while

and live stock receipts also were of large
The movement may have been more free by
reason of the lower rates than it otherwise would have
been, but there is no conclusive evidence on thatp^int, and
tbe suggestion that that was the reason rests on no surer
H'are are the figares of the movebasis than conjecture.
ment at Chicago for three years.
provisions

volume.

EECEIPT3 AT CHICAGO DtTKING .ICSE AKD SINCE JAS.

1.

June

30.

J'ifi.

1888.

Wheat, bush

t81.841

1,83^,937

Coro.. bnsn.

7,182,851

Oa'.6. ..bush.

4,0ia,7D0

Rye. ...bush.
Barley, bush.

45,985
248.9«6

Total Rmln.
F'lour...bbls.

1886.

1 ti

1S83.

18St.

«<)9.»19

2,61>.61'<i

I0,ll>i.2ai

B.519,362

5,517.414

25.22P,22.-

3),3 18.541

5,876,078
28.8:3,073

4,183,243
03.112

4,052.141

17.253.9U6

18.5I4,04'4

10,7l!5,4»0

187.772

817,:05

156,504

117,5-'»

4.631,807

12.105.233

12,785.15-'

11,114,804

50.079,240

2! 9,033

2';2.504

aS0.72l
4,821
10,998,485
6,980,373

I,813.0il

3,2J3.8i2|

9,9 IS

2J,«7-'|

l»ork...bbia

Cut m'n.lbs.

1881.

1885.

1,242

I2,937,ai«

1.23;
l.'i,!

-4,026

5.6 1»,02<)

4i6,ill

Tqus while

in corn there has

740,03
4,«M 1,630

906.106
3,188.180

68.870.9*7
2.453.38a
26,037
78.778,310 77.575,9291 59,825,318
38,'2aU..S79 27.203.047; 38.582.613
3.150,<68I
3,^21.5781
2,303,809
(51,J;0.«27

been an increase of over

600,000 bushels, in the aggregate of

all

kinds of grain

received at Chicago, owing chiefly to the falling off in the

good

New

decided increase, while the receipts of live hogs footed

an illustration of this either, though
doubtless nearly $300,000 of the $626,919 increase reported occurred on the Central proper, the increase
having been arrived at as set out in our article on New
Central

Paul and the Chicago

St.

wheat movement, there has been a decrease of about
700,000 bushels during the month.
But in flour on the
other hand there was a small increase, and in lard a very

our custom, we

find that the trunk-lice roads continue to give a very

themselves.

the

B90.9.J0

the basis of coinparlaon tbe same as tbU year.

Referring to the roads in groups, as

&

& Northwestern make would seem

JO.546,130 18,375,42^ +2,170.70>5

total

weelm oaly of June In eaob year,
t For fonr wostci ended June 26.
] Mexican cnrrenoy.
Ii Including West Sburd In 1883.
a Fisorea of odrninEs for last year havj been a^ju^ted so as to makes

York

$150,000, the

the large gains which both

l,irj....lbs.| 10,5SS.3«J

* tnelode* (bree

account of

increase of nearly

146

160
160
+.%166
-5.430 l,230i 1,236
486
+136,181
633;
+.13U
220
2i0
o28
528
+8,903
093
+626.919 1,465
54
54
+7,054

47,f!4

23.7C0

WeM.

Bt.

40,182

2<6,900

Aug...

Cl:ar. Col.

—2,S-i8

1,039. 17i

234,670

Peoria l>eo..«cKvansT.
Rlcb. & Duiirlllo

+3.924
+31.991
+2.709
+6,941
+ 34.916

101.141

273,341

Ullwauken dcNurtb..

+
+ 1,575
+ 4.673
13,2:t.

5.^.511

28, 7o
ll!t,857
88,-»09

*Meiu..

R,1.'>7

+8.923

+ 19,258

20.315

-

—

179,27t'

1S3.76B
42.533

.

These are likewise very
St. Paul has an increase

Omaha an increase of
Duluth an increase of nearly
663
663
+3,4t3
291 $19,000, while the Burlington Cedar Rapids & Northern
294
-29,815
990
990
—9,91(1
+ 158,13»' 3,627 3,064 and the St. Paul Minneapolis & Manitoba have each a
490
511
+ 10,582
We may suppose all of these with the excep840
8^9 decrease.
+33,822
251
251
+ 11,712
+ 108,501 4,932 4,815 tion of tbe Manitoba and the Sc. Paul & Duluth, to have
+ 144.621 3.948 3.843 been affected by the war of rates in the Northwest, and
+23,492 1,339 1.318
1886.

$23,000, and the St. Paul

l^:^,<>2H

..

1885

XUn,

$200,000 for the month, the Northwest an

of nearly

Dtertaat.

148.199
.'S5.7.^M

The Milwaukee &

encouraging.

MmmffSoU.
188S.

[Vol.

as

679,802, against
1884.

We

590,960 in

1885,

find that at the other

up
and only 436,917 in

primary markets of the

West, the receipts of grain show much the same character-

namely a decrease in wheal', and an
flour, though as regards corn such
of June not having been published yet.
Evidence quite as prominent points as St. L^uis and Peoria fall behind a
conclusive of the improved character of the trunk-line
year ago.
Bat in wheat Duluth is an exception to the
exhibits, is furnished in the case of the Grand Trunk
of rule of decrease, for the receipts at that point for the four
Canada, the Cincinnati Washington & Baltimore, and the
weeks ended June 26 reached 1,220,668 bushels this year,
Alton & Terre Haute; or if we have regard to roads affected
against only 567,929 bushels in 1885.
Duluth indeed
somewhat less directly than these by trunk-line conditions,
would appear to have received full one -third of the entire

York Central

last

week, the

official figures for

the

month

we may refer to such as the Cin. Ind. St. Louis & Chicago^
the Indiana Bloomlngton & Western, the Indianapolis
Decatur

&,

Springfield,

Columbus. The Wabash

and the Cleveland Akron and
LouU & Pacific may be reserved

St.

for special mention as

a road which, while not directly
idenUfied with any great trunk system to the
east, is yet

istics

as at Chicago,

and

increase in corn

receipts at

all

the Western

view of such figures

k Duluth
earnings.
off in

it is

should continue
I',

will also

the wheat

ports

to

and

in

exhibit very large gains in

be noted

receipts

in this period,

not surprising that the St. Paul
that the heaviest falling

has occurred at Chicago, and

that Milwaukee, though it has also suffered some decline,
any of these by high or low rates over
had a total nearly twice as great as tnat of Chicago, the
thM body of roads. Tais is clearly shown in the gain
of tendency of the cereal evidently being towards the nearest
$158,346, or nearly 20 per cent, (mileage on the
same Lake port, and this tendency it would seem has been
bama m the two years) in its earnings van
reported for entirely unaffected by the prevjleaca of the rate war,

^Oectad as

much

as

June.

But perhaps

the returns of Northwestern
roads will be

Tae following table will sliow the fliar and grain movement at each of the leading markets.

'

July

..

13%

1".

THE CHRONICLE.

J

BXCKIITS OP FLOUR USD UKAIS FOK ruCK WBKKS BVOKO Jl'NC 30
AND riSCE JASUABT I.

Rv.
1

OlMk.)

(MHk.)

(buth.)

lac* Jan.

i.'W.

oc* Jan.

luao.oih

a.i«ii.it)u

I»l.lg7

94JML»;«

lS.Mt7,ll3

4J94.440
3.483^17

>».

1.

JTIIwnikM-

I

41.157
'.UIM3
au.H.UI

*».l»l
7e.lSl
l.T«S.I8n

iWk*..Jurie.tfMI
VlU.. luue.lNHa
IDC* J>o. I, tM.
Moe* Jnn. 1, >3
4T3,iau

u.(ni

•.TMLOUI

47S.I&!!

I.IWJ^IO'

show the extent

ISSO.

1«.«M

'M.

it4il«

MJ«T,

4 wn

TtMl
UaMJI»

«,

Ml

s.oua
tajeoi
••,4*t

Mm'

amSSI

ftlu-

W7.4W

It^t

Hl.l*«

4.M0

117

BTJy»'

lt3.*10

Bloc* Jan.
Sine* Jan.

;4l

M6.IMa

8ii0.aw

<U.og6

0V7.tlW

DMA*)

15.4W

4I4J1»
SI4JM>

aS.UO

wk^ JojM.tffA

4 wfta^Juii«.tf*)r
Mae* Jm. I. ««.
Gao*J*ii.

14JIM

uSmb im.'»>
tnS^ £miw

1, 1)6.

OaMk-

ass

8

SB

Ski IB

Bmnamek. a*
8,173
70
SSI
18

837
73
4»

IIMS

S.81"

Mor*l>ea4 0t7.ae..
Norfolk
Weul>otnt.ae.....

tT/.#*J»Mi—

1, 919

_

FUMt Rojrml.aa..

471/in

4wkinJaaa.lMI
4 wtA^JnneA'*^

B3

^SU

SaTaimah

87.7118

•lt.4HI

i.4ia,MS,

4

ac

Florida

4«-

est

1.000

Mobile

IW..I.-

:.

1880.

VIM NawOrlaaoa

I3.3al.3« a^iiuifiw,

1. -a}.

bale*

tortUnola,

.tLSI*
IS

already said,

of the increase at each of the outports.

Jim*.

Sl>,l-V>

10.ttl.llT

As

small.

OOTTOX AT SODTHBRN POSTS IS JUNE, AKU
JAXCAir I TO JxrsB 30, 1.9SG, 1885 AXD 1884.

litis

4»k-

.•>.

is

Sine*
1884.

Tntal

8,178
1
5.418
786
13
8,441
SS
1.747

S,IO«

71«

«IJ81

8.}OT

1B.I53

1.

1884>

"iseiw

66.337

j.sei

Sis

6;B.4S4
88,003
1&,11«

480,5(18

1.083.418

IM.M)8
U7.000

418.217
60.488
84.477
113.000
3.880
7; ,381
3.124
10.880
i.eos
1I4,3;8
44.131

1.488.000

W17.(K3

S09.SM
4.801

iiasis

02
47
74
S.807
1.007

FBOX

January
1880.

1888.

144.71X

4 «k>. Juni>,l
1.

it

KSOBIPTS OP

GalT*«ton

Moo* Jan.
KdM Ju.

now, though

also has a gain

Southern roads have hai an increased cotton movement
in their favor, and the following table in our usual form,
will

4 kl-.JDa«.IMB

37

8.513
80.04'

a.ea*

180,288

58.190
17,813
111,781
1,583
143

8,338
14S.S80
57.633

For the Six months ended June 30 we have a much better
btatement than at one time seemed possible. The inclusion

744.4 IS

ijKa.Mii
i.uijue>

of the

New York

and the Like

Central, Michigan Central

4w»B,J«»_.^^

Shore, makes the increase unusually large; but apart from

IHee*Jai>.l.-M.
e4o<* Jm. I, )«

that the statement is satisfactory in

shoving S3 few roadj

with lower totals than a year ago.

Among these latter.
& Nashville and the

4««a,J*M.UM
n<«i«r*it4w»»_J*i.„
4

Southern roads like tha Louisville

wk>.JaMuMi

Mao*

Jan.
line* Jaa.
^lno» Jan.

I.

"M.

I.

le

Southern Division of the

M

Illinois

Central are conspicuous

heavy losses, and the St. Paul Minneapolis &
We BUted farther kbove that ooe reason why the eam> Manitoba also has a large decrease, but most all the others
iogt of Northirestern rosds this yesr should DStar»lij be have only minor losses.
Following are full particulars.
bettar ii tbst we are compsriag with diminuhed totals in
•BOSS BARSniOB PBOM JA-^DABT 1 TO JDIIB 80.
U^re is a table bearing out that
the two years preceding.
Deerttue.
1.

l\«»l.HM' 4a.Tlf:i^<*i

for their

Warn* of Mood.

be observed that while both the St. P*al
Paul & Omaha now hare larger earnings ttiac

remark.

188S.

•

V. APhll ...
and the St.
cb.A PItu..
tUr Bap. A Mo.
in the same month of any previoos year, the Northwest
w.
QauMUau PseUka
does not come up to iis 1833 flgares, while the Manitoba Oaatni lowv
nieacoA Alton
bM the smallest total since 1881. Taking the four roads Ohio. « Ea«t<-ni nilnnla
CaiM«0 Mll«r. & m. Paul
logathar, we 6nd that while in 1883 they ha-l aggregala OhlM«« A SCoithweat
ObleJBI.P.Mliui.*Omalu
•arningsof $5,393,149, in 1S84 the aggregate was only CklMffo A WMt Mlob
•

.

.

$5,004, 836, with a farther diminution in 1885 to $4,845,301,

CIn. tnd. SI.

I..

oat.

«.

Mino. a o.
Mlu. a Mh.

St. F.

Ftal

„

Total

With

ias4.

s
1.SISMS

•

S

'

AM4^m

'

S;l4l;m

IJIM.4S*
W««»;*7»

1

a SL P
ChlcaXonh***

Ckle. Ml),

IMS.

4M.soe
«nj«si

I

•

s.i7i.»a

1

41DJ«S
SUJIIS

4,aw»n

reference to the roads in

VIokabunc
CIn Waab.

•

SM3,i8>!

•
i.etu.ui

«.tl».<»tl|

«.Ot.l.Sl«

i

418. SI4

4U.^7»

37I.<IM

tU;l«B

7U.Cl«»

"'iWl

a^wtMS

B,«a,i4tt

A

A

A

Pao.
Baltlmure.

Akron * <'ol
Clorrland A Canton

Among

little special

Chicago

road?, the

comment to make.
k West Michigan and

•uea Moloe* A Pt.l>o(i|r«'
OMrolt Lanainc A No. ..

y-

"r

r '1-x<xx»
I

la

ii

better earnings than

in

k

San Francisco

1885, bat, as

in

likewise

k

not equal to the previous
thu other hand we have the Kansas City

Alton, the increase

is

Oa
Port Scott & fialf reporting a decrease, though the
la the
SpriogHtild k Memphis has a considerable gain.
extreme southwest t3at is, down in Texas the returns
year's

loe'.

—

are very goo*!, so far as received, as witness

k

—

St. Louis.

which has hitherto been distinguished for

its loi

t»lo.21'225.fe';0

184.621
1 16.229
834.475
215.957

87.536
39.670
75.741
9.602

143.8<17

17 875

2,>i84.4l3

2,7.-2.43'^

152,375

14.'^.984

I6J.04;

t62A9*

16,08}
8.738

3J9,030
8^1.4^8

141.-239

604,236

11,304

09.777
28,iS6

Waal

180,619
l,ll2..'»8-t

«S!l.9l7

797.B66

Lake.^ir.i.- .k. .Mich. Su..
ljimt( Inlanfl

0.951,786
l.2iH.4^1

6.487.6SI
1, 1^9.444

6,-^9H.o4K

6.83l,83«<

Nashville.

331.1^3

2 4A,016

1.841, 44U
S.43ti.000

1,8 '0,196

927,788
a<i.6d7
839,1)80
I4,8I8,2I>0
2.^4.3S0
.'t72,7«7

461,875

4.977.0-16

Mem..

71,718
138,119
464,132
87,037

036,813
86.167
38'.856

4.H73.000

463 000

58.%.»1.33

3h2.13^
17.6M0

271.977

77.417

9111,997

ll,5n5.S5" «,2B'^')41
l9/j.6<i.'

55.74.'.

156

2 .Hll
20T,:<H5

5

I.''.

1,4?J.107

1.21 S7'2.'
4, ion, 430

201.77b

349,018
34.806
26.076

l,>i)41.051

1.8.^5.ft7J

1.5*8

illn

377,130
3)3.721

371I.024

I..

niU

H78,3I>-

3 7.7.i'.>
(H9.0 5

l'i.02i

Vi

'.plliia...

2

!9.7tl<)

213.72.5

26.074

33i."'t(l

diB.i»«
4U5.143

49.591

W.
Pe

8

A

Ev...
'iiM lalKOd
:

81. Jo.»'pii

.V

do

8<1'.'.372

1.414

319.7-7

2.0i'i..303

l.!H7.00.!

It

;th

]

i Man...
T.'tl" V ^., l-HllH
iv«ii«ah Ht. I..
Pao.
SI.
St.

1

A

*Wli«-uD!ila Central

S',2

.MI-.lOl

469,>?i>l

2,»31,S16

3.U(!."18

«8l.>l3t
S.81l.9'>8

4 JS.lii

e3i:i02

Orand

loor«a«*

Ifet

rne

T

'

10 968
3 ',333

'.

6.4ill,:<56

42.5111

97.360
2'i2,ioi

248.772
317,612

669.914

'i'l'.oii

139,032,112 12r6l8.l85 9,448.300
7.418.987

2,020,373

ween onljr of June
:

I

I:-

'6

2,0J0,373

« Sar

total

4.4

119,78».420 8.973.211
l,S21,75rtl 475,089

Totsl ("2 roads)

Onifoa Ratlwar

10,707

37;<.3l

Itni
.

'

r,

041.731

1

'iinuiebei)
" Praiiulaoo

I.A.AT.II. main

.

Do

I

ille,

183.89W

AOuif.

the gain by

Southern roads also have done
well.
The Norfolk k Western is to be mentioned for iu
continued larj^ improvement. The Jjouisville k Najhthe Texas

,7fl'2

4e,44«
i-itf.074

SprlDK.

A

1

4A,'J80

19017

DIT.)

DIr.)..

V-

UialiirUIe

4

1,011.221
].32.343
1,181.30^

-

•Kii'.

17«,57.'>

714,076

'.

•K.v

I

Chicago

il>4

73:1.093
l.l30.99-<

.%

has

the case of the

111

0,833.637

V).

'

Liui*

1,1

133,580

71,127
18,156

3J8,3i4

.

St.

out

lis. ^78

27.04.:

l,<»»^.717

'Mara. Ilou^btoii k Oot.

The

I'l-,

43.283

7.437.873
4,.MA.71I

agon have reeor«red part of that year's loss. Among IHexfoan Central
Mloh. Cent. A Cun. Sn ..
Wisconsin roa1«. the Milwaukee L\ke Shore k Western M'lw. I,.HhorB A We«f n.
A Niirthurn.
The Mllwaukne
has more than doubled its earnings of last year
Hi>l>ile AOUlo
I.N.Y. Ci'Hf. A II'iil. RlT.
zoads ranniog directly south from Chicago, like the Sow York Citv A No...
S.Y. OnmrloAWcsl'n
II—tarn Illinois and the EvansriUe k Terre iliute, Norfolk
A Weeusru
Northt-rn PaoiSo
has the Ohio
hare improved on a ynar ago, and so
J*<"ith<<m
imrUlo...
Chicago & Alton running to St, Louis and Kansas Blcni
('!
\iii(;uiit4t.
City.

1

46,103
1«9,888

804 St«2
27,278

trquettr

.

iu...

Northern ran behind 1395, while the Flint k
Pere &(arr)aette and the Marquette Houghton k. Oaton-

Lansing

567.304

108.684

>na<ta..

Michigan

the Detroit

394 ,.'^80

3,838.C3ri
3.4 M. Mff
74-,<.4U0
78V ,6S3|
10.1139 ,ooor 10.« 11,958
l').eS0.289
lO.Si.'S ,818
2,310,871
a,«8n ,440
601.902
643, 601

l»u.74

OeaverA Rio O ramie...

I

rery

*.l^7, ,410

334.311
1.343.145
3.332.827

So. K.

MeiiiUan

8b.

•f?le»».

4.-

other sections, theru

1,08 \4 13

1.197 ,317

P.ic.
Muiitli'ii

*Alal>niiis Ul.

i8«*.

issa.

A Chic.

•Nnw Orlvan* A
VIekabiire

tSM.

1

.

. .

or?

SO'' ,208

1.180,

•Cln.Ni-wOrl.ATKr

from which we now have the recovery to $5,171,362.
•Moulk «f /«M.

/fcreoM.

1885.

It will

In each rear.
Mexl04n oumaor.

^ .v'estSliJTa In 1886.

9

1

1

'

—

..

THE CHRONICLK

38

the early date at which our figures are made up
this month, we have fewer reports of net earnings than is
naually the case, but the showing for May is of much the

AprU.

Owing to

1886.
Ohlc.

£

A Grand Tr.. Gross.

51,330
ll,0i2

as for the

21,(!96

5,119

Pacific has a

Northern

1885.

in

1885, and the Union Pacific and the
Quincy a small gain. The loss on the
small; on the Burlington Cedar Rapids &

large gain over

Wat.

is

Northern, the Buffalo

New York &

ISonota

Philadelphia,

Central,

Jan.

1 to

18Sd.

1885.

64.2»>'
Net...
41,-03
807.29K 612. 587
Gross.
Net...
3 9.100 226.10.1
Gross.
Chcsap. AOhio
307.v9a 247
47,lf>»
Net.
67,234
EUs. Lex. di B. 8. . . Gross.
63.128
49929
19,-/- 1
13,H^2
Net...
Cbes. Ohio & B. W... Gross.
113.69^
112,78
28,">-9
2t,iS;i7
Net...
Chicago Borl. Ji C^.. Gross. 1,981.677 2,081,904
Net...
785.' 31
771.741
Gross.
Denver & BioO
510.06)^
4 65,326
Net...
172,6(j4
164./2
Dee Moinea <Sc Ft.D.. Gross.
27,791
24,4 4
Net...
2,344
4,987
£. Tenn. Va. & Oa. .Gross.
284,152 27«,871
4ci,6.55
Net...
25,874
Pb Worths Den. C. Gross.
31.869
42.343
Net ..
12.8U4
17.16S
Loolav. & NasliT
Gross. l,0:i7,714 1,102,414
Net...
3'<2,427
391,187
IMeziean Central... Gross. 318,403 3;il,47ii
Net...
97.969
132,977
Mobile & Ohio
Gross.
13».7Ci 122.653
Net...
3,330 def5,>»06
Nash. Chat. &. St. L.. Gross.
172.330
187,495
61, '.181
Net.
65,996
•N. Y. L. E. 4 W... .Gross. l,9">i,'*7: 1,48 1. 61J
626,6'i
Net...
314.2^8
H.T. & New Bng.... Gross. 303,314 2«0,305
82.42i<
Net ..
6 ,968
HorfoU & Western Gross
192.82"
235,701
Net ..
88 3rt3
57,878
Northern Central... Gross. 4i7,23« 454, 17
183,47(i
Net...
1*7,485
Northern Paolflo
Gross.
98»,731
901 10
.•V04,39.i
Net..
418.155
Oregon Imp. Co
Gross.
20i,OH3 239,316

Canadian Paolflc

Hi

.

.

.

. .

Net...

Oreg. R'y

&NaT. CoXiroas
St

33.0!i5
4'<0.345

5>',027

5,6-8.614
2,329,162
621.464
192,078

9:4,077
150,15

6,008,486
2,557,59:<

551,586
215.-;91
868.88'i

169,760

1,047,.')""

l,18:i.467

2.7,238

320, -i>9
2,6 7,965
»3 ,917
1,316,893

3,264.4 9

917,165
l,4t*7,019

431,945
326,0H4
104.066
607,663

1

307,997
2.i3,247

73,552
588,264
188,6s*Oi
150,341
9,374,8-.i7 10,38" ,483
3,905.1 57 4,387,360
2,324.55.^ 2,207.096
744.499
650,8 Iri
128,704
141.959
4.293
30,143
1,570,969 1,617,749
376.584
366.572
0,23
152,780
51,- 51
63.235
5,2. 8,676 5.7i.6,f86
1,847,040 2.273,386
1,568,500 1,601,726
5 8,0-<6
734,M4
721,-92
808,212
116,653
138,5 5
902,663
87!.,518
.341,9^9
350,176
8.56!».5l4 7,20«.2l5
^,247,844 1.353,913

H

1,477,8 <H

1, -'42,858

487,124

3.57,1 8
1,045.263

1,'221 .63
48i>,6.h3

2,149,8>i4

803,912
3,90".9.)1

1,610 981
967,739
ld3,17i«

38-',639
2,lKl,"i52
907.1''4

3.59S,923
l,a55.893
l,l39,58i
205,799

339, >6i

(nil

. .

Net... 1,472,70. 1.8 5,-93
32«,«-i4
274.'<«<'

6.318.411 5,610,115
l,.<»35..i28
1,212.256
150.492
1 1
569,931
.700
433.426
Phlla. tc Reading.. ..Gross 2,409.140 2,377,42. 10 88 -.356 10,2H1,910
Net .. 9.:<,170 953,43
4,049,558 3.-;7,5,U81
F. A B. Coal dt Iron .Gn-ss. 1.305.1 1-.: 1,267. I7ri
5. 2 1.-^29
5, 16.026
Net... dn7«,543
1.485 .if.888,207 dl. 78.491
at Jo. * 04. Isl'd...Orofla.
45H,9'>T
89.68
67,429
42'.28^
Net...
35,«82
8,20.
215,.<87
101,137
TezaaAPacUo
Gross.
449 9 >8 3.50,'. 4" 2,127.018 1,793,948
Net...
VI. 147 df -8,572
282.53
Toledo & Ohio Cent.. Gniea.
73,401
2»1,276
Net..
18,506
81,654
Union Padflo
Oroas. 2,21 ,448 2,067,528
9,3 12,26d 9,26',135
Net...
647,17"! 632.094
2,632.021 2,874,2 7
West Jersey
Gross
101,3^7
96.069
4 <0,259
399,746
Net...
17,0Jo'
35,666
130,086
135,726

PhOadelp'a

A Erie ..Gross
Net

..

£

fi

£

50,968
8.'»4
18,560
4,830

192,510
32,826
77,394
17,461

189,202
24,905
65,848
11,903

235,021
97,428
146,793
56,56
53,439
20,055
144,458
59,856
23,395
4,480

860 011
2;9,44l
5-3.005
160,9-7
223.923
96,345
609,02202,736
96,486
18,700

823.504
269,575

9
45 '•,482
102,661
230,036
100.(103

475,160
132,561
104,774
24,845

Sou.

Time.

A.m8terdam. 3 mos. 123
.Amsterdam. Short. 122
Hamburg.. 3 mos. 20-51
««
Berlin
20 51
Frankfort...

Vienna

Antwerp
St.

..

.

Petersb'g

Paris
Paris

ttenoa
.Vfadrld
Oadiji

Lisbon
Alexandria
Constant'ple

Bombay
Calcutta
New York...

Hong Kong.

"
«

DaU.

Time.

June 24 Short.

Olf

LONDON.
BaU.
12-08

....

June 24 Short.
**
020-55
June 24
«
»20-55
June '^i
**
i»12-77is June 24
•20-.55

20-51
12-75
12-75
25-40

*.

(«

Trieste

«12-3»3
»12-2>s

XXOBAlfOX
Latest

al2-77is
....
June 24
a'2515
23i4®23i6
June 24
Short. 25-22ia»25-27Js June 24
3 mos. -iJ-35 826-40
.'
26-45 «25-80
*.
June 24
46 ®45''8
(«
46 &i&''a
"
52%952°g

20-38
20-a»
20-38
12-62

....

Short.
3 mos.
Short.

25-25
231»3a
25-26

3 mos.

46-5&

....
....

.

Dem'd
«.

....
....

Shanghai

.,

Is. 55i,d.
Is. 6Bi,d.

|

June
June
June
June
June

25 Tel. t'rs
.,
25
25 80 days
25 4 mos.
.(
25

Is. 51S33CL.
Is. 5l3s2d.

4-P8
38. 2T8d.
4s. 6isd.

[From onr own oorrespondent.J

•.

N9t .. 2.>0,ci84 143.431
Unes east
Erie) Groxs 1,178.580 3,890,4fi9 18,914,063 17,58S,955

Pennsylvania
ot Plttsb.

1885.

$

$

Fe. . .Oroea. 1,1 8,173 1,184,080
Net...
504,749 509,9 .'6
Baltimore & Potom. .Orosa.
110.877 106,09
Met...
43 247
43,656
2I3,»23 193,41
Bnfll N. T. & Fblla.. Gross.
4«.i>02
Net...
20,0^2
Borl. Oed. B. A No..Qroas.
211,855 239,38.
dc B.

o»-

May 3 1.

Najoi of Boad.
1886.

18-15.

OF EXOHANaE AT LONDON AND ON LONDOM
AT LATEST DATES.

BiOBASBX AT LONDOH-June 24.

OBO«S AMD NET BABHINOS lO LATEST DATBS.

May.

18S6.

the

and the West
RATES
The following embraces all the
Jersey, it is quite heavy.
roads from which returns have been received.

Mexican Central, the Northern

teb. Top.

Net...
Gross.
Net...
Gross.
Net...

& Og

&

Burlington

Atchison

Rome

1885.

$
243,285
99,076
193,401
84,182
61,267
15,718
213,939
82,171
24,258
5,978

..

have smaller net than

Jan. 1 to April 30.

Name or Boad.

Net...
months preceding. The trunk
Det. Or. H. & H...Oro8S.
Net...
lines of course are noted for their good returns above all
Oro^s.
Southern roads also generally show improvement Maine Central
others.
Net...
over a year ago, though the Louisville & Nashville and the Oregon Short Line.. Gross.
Net
Nashville ChalUnooga & St. Louis are exceptions, and Peoria Dec. &Ev
Gross.

same character

XLIU.

[Vol.

'

I

<

1

1

• Inoludlnx 68 i>er cent of earnings and entire working
expenses of
the New York Pennsy Iraula A Ohio Railroad.
t tiexioan ourrenoy.

No fresh developments,

London. Saturday, June 36, 1880.
either commercial or financial, have

occurred during the week. Trade conditions are quite as
favorable as they were. Any indications of change have been
in the nature of improvement. The weather has become

and warm — a most welcome change after the long
abnormally low temperature, the result of continued,
easterly winds and less than an average share of sunshine
and agricultural prospects have been correspondingly imbright

spell of

We may now be said to be in the throes of a general
but no worse results can follow commercially from
the actual grappling with the difficulty than has attended the
uncertainty as to the political future through which we have
been wading an uncertainty altogether fatal to the permanput restoration of confidence. A growing faith in a distinct
improvement in trade in the Autumn is evidently entertained
in many circles. The opinion seems to be that the movement
now observable will acquire greater momentum as the summer progre'ses, until towards the close of the year the revival
will be in full swing. This is of course looking at the bright
aide of the picture, which, after all, may become dimmed; but
there is no reason why we should not indulge in the hope that
proved.

election,

—

the signs of encouragement at present visible are but tha
earnest of good things to come.
The difficulty for the moment seems to be the apparent impossibility of infusing anything like real life into the iroir

Reports occasionally mention the existence of a
demand with more inquiries among manufacturers,
but these are contradicted by the absence of any tangiblePerhaps we may consider ourselves fortunate that
results.
trade.

steadier

hardware industries affairs are not going from bad to
They certainly have been bad enough for a considerable time past. The arrest of the depression may mean that
the lowest level has at length been reached and that th»
healthier tone now characterizing cotton and wool will soon
extend itself to iron and steel. But that is a speculative opinion, and to insure its re-assertion we must calculate upon Ol
good American harvest, enabling United States consumers topurchase our manufactures more freely. If America can get
a fair price for her wheat, there will no doubt be greater liberin the

'

NAJU or BOAD.

Jiuu,
1885.

1886.
Ctovel'd

&

Canton. Oroas

B> a Nat. Co.Oros8

Net...

32,083
8.831

26,042

4<«4,500

882,782

241.100

188,851

IR86.

«

A Ind.Oross
Net...

GUvDd Tr.

3,.558

Avril.

Name op Road.

Oter. OoLCIn.

1886.

381,na8
87.187

of Can'da.Oross.
.

26 1,0.'
8i,716

160,742
40,881

Jan.
188S.

S
267,2839,979
«.

Net.

to

June 30.
1885.

9

Net...

Onc-

Jan. 1
1

245,17:<
6') ,209

1 to

ies6.

s
1,174,'63

340,562
S,

1,000.327
256.252

142,867
21,589

AprU

30.

IB-ih.

,9
1,084,446
195,014

worse.

ality in the operations in our markets; but the difficulty is tokeep
up the quotations of cereal produce just now, notwith*
9 •7,4=9 standing the failure of the Australian harvest; consequently
178,606
the full benefit of abundant crops cannot be reaped. In spit«

f

:

THE CHRONICLR

JCI.T 10, 1886. J

of theae drawbacks, however, we are hopeful aa to our commercial reUtiona with America during the next few months,
and shall be considerably disappointed if the closing six
ro4»n»tM of the year do not exhibit very considerably improved

39

outer bill*
Public depoalU
Otbar depoalta

months now expiring. With the Continent OoTamiiiaat aaeailtlaa
OUwr aarniltlaa
and Aostralia we do not ooont upon any speedy change for B aae rre of Dotaa and eoln

them being about as bad aa

it is

with

1884.

s,

£

£

2S.Sl&.3a0

as,4T3,«as

7.870jai
«.»>88.084
SMSS,ul0| a8j3H.aa6 23,780,iax

8.96S,31S
ia.o:4.aes

l«Jt«,4SS
S0.8IS,U«

18.n8.S14 13,013,513 13.3I4.8I»
31.1U.INS ai,«ei.ais 22.4oe.eas
ia,»M.fla8 U,87a,80J U.7S4.»0»
*s.ue,ns a5.i41JM5 43,438,783

aL.oe7.e7S
41-lS p.(>.

to llabiUUaa
Bank rata

44.018,003

1S83L

B,7a«,TBI

IS.448.S0<

Oola and balllon

BaMrra

ooiaelvrs.

18W.

£
£080.770

rasolts orer the six

the better, business with

ISM.

OnraUtlon, exoladlng 7HSay and

MKp.e.

4854 P.O.

a

ap.0.

aup.a.

a p.

41X

p. a.

4p.0u
of tha joint stock banks maintaining their Oooaola
in s-isd.
aaKzs.
lOOzd
lOOKzd.
nsllab
whaat,
avarasa pries....
Sla.M.
dividends an now being diacoased, and it is argued that the
aaa-Sd.
S7t.
48^54.
MMdIlns Dvland eoUoa
4Md.
OMd.
Btid.
resnlu most prove naaatisfkotory when compared with the BaMnnla twlit
axd.
8d
eorrespooding period of Inst year. It may, however, be quee- Olaariae-Hoaaa ratam
aB,ataLOoo 01.063.000 07,
88,163,000
tiooed whether any real change will be observed. During
The Bank rate of discount and open market rates at the
the greater part of the flist half of 1889, valuM of money
Ckntinental cities now and for the previous three week a
were certainly nominally higlier than they have been for the gfalef
have been aa follows:
pest six nunnths, bat owinc to our strained relations with

The ehanoea

Bosaia the actual anpk^ymsat offered for rooney last year was
extremely small. It may yet torn out that capital has so far
basa mere proatably wed this year than laaC 1884 has had
decided advantage orar 18BB in a maclnd extension in
The
tte inquiry for loaaa on Stock Exehange aooount.
opening months of 1883 were charaoteriaed by " bear speo-

JwwSL
fMtnatal

«•

'

nlations in stocks, but this year the taotioa of speculators have
been r ever sed. Free baying haa been indulged in, being no

doabt stimulated by the facility with which loana have been
negotiated, and temporary employment has thus been offered

The number of bills seeking discount haa
for kile balanosa.
this year been fully on a par with last year. The opinion
therefore that the joint stoek banks' dividends for the Hrst

Mf year of

wiU

a dMinct

rum tho«e
of 188^ dose not appear to be over wall eatablished. Toe
movements in the Bank of Rngland rate of diwount in l»iS
were from 5 to 4 per cent on January M, to 8}^ per cent oa
Maroh 19, to 8 per cent on May 7. to 3^ par cent on May 14
and to 9 per cent on May W. Thia year the rate opened at A
per cent, bat fell to 8 par oent on January 21 and to 2 par
eant oa February 18 on May 6 it was raiaed to 8 per cent,
but reduced to t^ per oent on June 10.
The aaae in the moaey market ia anralievad. There is the
nme almndanoe of capital and very little employment offering for it, either in the siiape of an inquiry for loans ot a diaeooat demand, Next week will witnasi aome slight ext«nrfoa, bat only of a traasieat cfaaiaotar. There will be the
oaoal inquiry on aoooant of the close of the half-year, and the
Stock EUchaage settlement will aleo have to be arranged,
payday falling, most inopportunely, on the last day of the
half-year. The Trcasory bUls to be tendered for at the same
time are £800,000 more than the sum matanng. For the
mooMnt, tlMrefore, the market may exhibit some signs of
activity, bat apparently we are a long way from a permaneot
improvement. In a few days the dividends on ooosols will be
diatribatml. and balaooea will then be even more ptethorio
ttiaa they now are; and nnlese the trade demand ap^^lily
1886

disctoaa

falling off

f

;

revive in force, ihe eeae in the market may be expected to
become accentuated until the autumn, when we shall have to
make oar usual disbarsementa to America for oerrals and
eotton.

The weekly Bank of England return

The leearve hea

In ur saai d over
alooa exceeding £800,000. The
bilitiae haa advaooed to 41-19
woald have been yet higher
tiooe told very appreciably
depoito.

The

rates for

i

is

favorable.

£700,000. the gain in bullion

proportion of res<-rve to liaper cent, and the proportion
had not the reserve ooUecupon the total of public

money have been

;

Jmu tHmtWmmk At TIaU

m

M»ml»t

iMa-i<MiMt as

s

-;Ht« - • as

,t

MM

ma- iHa - iM«
i«ta
I

•

-Itlta

-

as
at

s
a

as
as

aKit asHit mmt
- iMa -« aSHS •*%« • mmi
•

-jIHa - IH»»* iH*iH iMaSH

Hi

>K
IW

/mw

17.

BMk

*M

V

aw
>M
8H

«H

Sraaaala-...-...

aSitS
Vlaua

*M
ax

-«*-

• a«a •

8<4

V4

4

_..

•N

OspaaaMSa.

&
a

a

.

8

s

IN

Bank

Opan

Sou. JTaHkM

I

•«««

jtiiwaL

10.

mt

Ba<«.

1

8

1

IM

m
IH

8
a8

IW

1|«

aw

SM

nt

4

4

3
4

3W

8M

4

8
a

8

8

an

8H

8X

Measra. Plxley ft Abell write aa follows

Opan
Varkta

on the

IH

m
IM
«<
4
a

«M
«*
the

state of

balUoo market
Ool<l baa been ta gooA damaad tor Oermany daring tbe weak, thoDch
tto riselatfeaOemao Ei ahange o-darbas owiaed sallabt reduoUoa
la tbe rate oaar»l. Tba Bank baa reeelved alooa oar Gutauit.ooo

fraa Koyiit. and baa aold ai.'\0.<iOO, prlnolMllv for 8oiitli America.
TbaarriTala oi>inprlaa 483,000 tr»iu tbe Eant, S32,u00frum South
AflMTlaa aiKlSt.iKMrnMiiCeotral Amerloa, Taial. Sl<<6,0<i0.
Ovsr-Ths oaarka*. dorlnc tbe sreater part of tbe week, baa bean
Blaasi bat* of aappbea. and tbe prsvtuai Quotation of iA\<i. was malntalasdtlUTastarday, wbea4iii|.d. waa tbe beat prtoe obtsloabla. at
wUab rale tbe aarkat al oaaa flnn. Tbe only arrival /if Importanoe haa
baas about JS4V000 tnna Maw York. tUa P. * O. Steamer takaa

B10a,000 to Boabar.
MazlcaD DnIlara-WItb DO arrirala of Importanco. and withafcood
dsn iaiid oa Cbloa baak aoooant, tba prioa baa renialDiHl Itrm at It^d.
Cos. Iba P. A O. ataaoiar at tba oloae of laat week took 434,000 to
StrmlU.

Thfb quotations for btillion are reported as follows:

OOLOl

8U.VBR.

/WW
a.

BHSoM.Saa..
arsolS.

oa.

'

TT

Jom

IT.

S.

a.

•

n

a.

84.

a

n»c

aD4wta,«v«r.aa. TTie

UmtmamUmK. JwM

84

«.

aarallvor
.oa. 44U-18
Bar llTar.aoBtaiBtna8Kra.(Ol4..oa 40 1-18
Oaks aUvar ...oal 48 3-18
Ilazlaaa4ola...oa. 44M
'

/Ma

IT.

4.

44M
4BW
«4K

Tandera will be received by the Bank of England on the
30ih for £8,693,000 Treasury hills, being £.V)0,000 more than
the sum maturing, £3,195,000 having been allotted on three
months' bills on Maroh last at an average of £1 9s. 3d. pet
oent.

have been reported in the ohemioal manure
James Oibbs 8c Co., chemical merchants and
of nitrate of soda, have been compelled to call a

Difllculties

Messrs.
....,~:.^rd

mreting of their creditors, estimating their liabilities at £800,000, A composition of Se. in the £ haa been offered, but so
far not accepted.

One of the principal financial events of the week has been
the publication of the terms for the settlement of the Mexican

new stock for each £100
the £100 stock \^ per cent interest
will be paid on July Ist and the £0 will carry interest from
January next. The 1804 loan receives £50 of the new stock
with interest dating from January next. The interest in>
creases
per cent each year until the full 3 per cent ia
reached.
Mcesrs. Morton, Rose
Co. have received subscriptions for
£744,000 five per oent sterling mortgage debentures of the
Wrstrra Railway of Buenos Ayres, the issue price being 91
debt.

The proposal

is

to issue £100

On

%

/•r

Itarti s
*
•« •
JaM 4, S
- It
" IS

PaHa
^WlkfOrt**
•iaabars
jaiMaiiliB

of old with arrears.

as foUoara

Jym»

BmOt Opan Sank OPM
BmU. JbrM, Bata. JTarM

OKL Dam
IM IN-IM
IN-IN

m

IM IW-IH

IMIM

1

1

a

MI

-1

N

&

per cent.

The North Carolina

E-itate

Company

has invited

applications for £85,000 7 per oent First Mortgage Debentures

«f £10 each.
According to Stubb's Weekly Gazette, the number of failures
in England and Wal>-8 gazetted during the week ended June
The foOowuw retam shows the position of the Bank of 19th was 72, or 87 lees than last year. The total since the bebu(l«ad, the Bank rate of disoonnt. the price of consols, the Kioning of the year waa 3,300, being an increase of 180. Tbe
frioe of middllog uplaod cotton and wheat, and the Bankers' number of bills of sale registered in the week was 188— a deOwring Boose retom, compared with the three previous crease of 89 from Ust year. The aggregate to date is 0,734, or
312 more than laat year.

saadt ••

• I l-IS

llMO -IM«t<l«IN«Si«IN»SH,lMSSM

:

«

:

.

:

THE CHRONICLR

40

The May return of the association of Oarman iroa and steel
n^ufacturera calculitm the production of pi(? iron at 283,238
ions or 30.370 tons less than in May, 18S5. The proJuction of
the past five montlis was 1,427,572 tonf<, against $1,561,400
tons in Ui« corresponding period of the previous year.
The position of tlie wheat trade is practically unaltered.
Hothing has transpired to exerciaa any special influence upon
values, but whenever any variation has taken place, the buyer
has again secured tbti advantage. Crop prospects might be
more brilliant than they ara noc only with us but also on the
Continent. With the improvement in the weather, however,
and the knowledge of a promised extensive yield in America,
that circumstance has very little weight with millers. The
paucity of their dealings is as clearly apparent as ever. There
is a decided d sinclination to increase stocks, and the persistent
pursuance of this hand-to-mouth policy effectually robs the
trade of all symptoms of activity. Home deliveries recently

have had a tendency to increase and have been in excess of
From this it mujt bo inferred that farmers do not
presume that any advantage is to accrue to them from holding their grain any longer, and themarkets consequently have
been rather freely supplied. In the 43 weeks of the season the
sales of home-grown wheat have exceeded those for the corresponding period of 1884-85 hy 69,450 qrs., but at an average
of 303. 8d., against 33s. 2d. per quarter— a deficiency of 2i. 61.
per quarter. The farming community have had to contend
with a low rai3ge of prices throughout the season, and they
cannot, therefore, have recovered any portion of their previous
losses.
Liberal importations into the United Kingdom during
the week have been reported, and the quantity on passage keeps up, owing to the larj?e American shipments.
There is thus no prospect of scantily supplied mirkets.
The following return shows the extent of the impirts of
cereal produce into the Unite! Kingdom daring the first
forty-two weeks of the season:
last year.

rVor« ZLIII.

land lacked moisture at sowing time. Then rain came in
most districts in Drfoember. and a good deal of fresh land was
sown. Subsequent rain in January and March did much good,
and the general result is that the wheat area of this year is
nesrly as large as that of last year.
" The yield also promises well in most districts. There have
been complaints of easterly winds in March from gome parts
of the province, and the yield has been consequently diminished by the partial shriveling of the grain. But taken all
round, the crop may be put down as a full average one. Up
to the present time there have been no continued or heavy
late rnins to damag« the uiis-irnered grain, as last year;
and it is to be hoped that such drawbacks to a good harvest
will not take place."
The Department has also issued the following; final report
on the prospects of the wheat crop of 1835-6 in Berar
" The area under wheat (808,515 acres) was slightly above
the average, which is 807,055 acres.
"The crop gave early pr.imiso of a bumper outturn, but the
untimely and heavy ramfall in December, and the cloudy
weather in January, caused rust and blight to appear, and
much damaged what promised to be a splendid crop, particularly in the Wun and Bassim districts.
The crop in black
:

was sown

soil,

and wherever

was

this the case in the

most especially
almost up to the time
the crops were ready to be reaped, the hope was that the red
rot would be only partial, and that the ears of wheat would
fill with grain sufficient I
justify the promise held out from
thtir large size; but the out-turn was even less than tin ryots
themselves exp cied.
" The total production of the year, taking the average outturn per acre at four maunds, or from 12 to 14 annas in the
rupee, may be estimated at 33.34.060 maunds, or 115,502 tons;
and the stock in the granaries of the ai^riculturalists, at the
close of March, 1886, is estimated at 51,B43 tons.
A considerable portion of the wheat produced in the province is exported,
as it IS only used as food by the wealthier classes and the
staple article of food, jowari, was, on the whole, a successful
it

late, suffered

:

Wun district:
>

;

crop this year."

Bnxllsh FInaacl«l

narKeta— fer Cable.

The daily

closing quotations for securities, &c., at London
are reported by cable as follows for the week ending July 9

nuronTs.

Theat
B»tl»T

Ofw

<3\^S9

1S8S-4.
40, '25.034

10,2 43,96)

9,75'l,3-«5

i.sio.-ei

l,«76.«tl
2,772,505

l,49d,2sl
2,179.085

23.ani.l87

21.(3 iA,03d

21,7;5,8l!«

Il,l^ii,5()l

14.050.2.! 2

12,337,901

Supplies available for consumption in
(exclusive of stocks on September 1)

_

18135-88.

1884-85.

97.210,861

93,17l,46>

London.

1882-3

S3 617,42S
14,204.296

2.H>(2.0-2t

B«an«

oom

11,

S.tfJl.M-I.

'«•«
Indian
Flour

18a4-5.
43,757,818

owt. 4P,081,719
S.iiH.iio

12,16S.(m
1.7!J7,0J5
2.2J7,(jri4

17,3 i3.io8
13. 93d, 751

forty-two weeks

^ . wheat,
^ ^
Importaof
owt. 49,0 .4.719 43.757,S48 40,825.631 53,«4? 428
Import* of flour
U.l-C'HUl 11.0-)0,vl22 12.:JJ7,vOt H.936.751
B^e«oniom6-grown..je,8;U,5Jl 36,003.393 33.777,271 38,419.000
Tot^

18«3-St.

1882-83.

88.910.803 108.033,182

The following statement shows the extent of the sales of
faome-grown wheat, barley and oats in the principal markets
Of England and Wales during the first forty-two weeks of
the
Mson, together with the average prices realizad, compared with the previous season :
1B85-80.
Satet.

Price
».

Wheat, qn.
Barley

OkU

H

355.952 19

<<

».

« 2 85-;«.233l31
21

1883-81.

A.Vgt
Prier

SaXf.

30 8 2,486.337 33

2.M 9,709
,

18S4-8S.

ifge

340.58920

1884-85.

Av'g.
Prier

d
2
- 2.4?8,27'< „j
3 1,050.901
5|
317,214|20

OonTenlng quarters of wheat into cwts.. the
whole kingdom are estimated as follows:
'^'^S-SO-

Sola.

n

totals for the

*^»

r.

Hon.

...ara. l',lri7,(A10

1rt2»-,equalt<..,r«
'!"•

2.;i3.0O0

2.31000

218 000
462.000

000
23' 000
3.7:000

2.2

<.'i

1 7>io ,m<,

2'!?

00
M4.000
il9;u?0
The Revenue and Agricultural Department of the
I.idiiin
•Oorernment has issued the fbi:owing report on
the prospcts
of the wheat crop in the Punjaub, for
the month of

"^"'

1886

April

'

,

:

harvest have been previously sent
«n"^ThJH''^^ '"'""'"*'*
"'u**''"
,'° Jani-'y- estimated the wheat
no'^mn-°'
'''^ **'=°"'^' »«"'
March,

cr'^n It

UkL

?"'?
'"
at 07
^
Ti ?!;
Ht.itoments
of area actually rtcorded by the P.u^'°'"''»
'^"^^"^^
^^ n'n^ di.trint8; and
=

•.!^!' u

M hv tK»7,"T '"r"

''^1""'

notltlin^"*
*^ "."^'

I'^^hof
"""l

May.the
"*«

provincial report

Jmuiry

U

estimates of area
£^L kl
L""«*"'have
been entered
against these district^. By the
pret^nt
"«''
amounts
to
nearly
7,000
000 acr^ ' or
't!,!'"'.'^''-^!'''*"*'
mbout 400.000 acres less than the area of list

bar
ber.

rAur».

Fn.

447,,
4l7,fl
4»7ii'
1017,, 1017,8 1015,8
101 Is
1017,8 1015,.
82'971a 8i-i'0
83-17>a
11373
11378
1137g
128H 128 >« 12838
6^l«
69 19
6H38
91'58
94 7g
95%
30 Si
30^
30>e
14ii4
U2
14214
55I8
»5
.55%
12?!
1278
12%
tOftla
1091*
10919

Commercial and I^tscellaneatts j^ems
N4.T10SA.L B.\.NKS.— The following national banks have lately

been organized
3,524-State Vatlonal Bank of Wichita. Kan.

Capital, $52,000. BenJ.
Lomhar.l. Ji-.. Presirteat; L. D. Mkinnei^. Cash er.
First Nationul ttanlc of Great F,»l!8, Mo 1. Capital. -g-jCOOO,
Charles A. BitudwHter. PrMlileut; L,>iiis O. Pht^hH. Cashier.
3.526-The Ijiffalo dun'y National Baik of Kaar.iey, N--I). Capital.
$100,000. Ross Gaiiil)le, President; AlOeit T. O.iinble. C ish'r.
3,627—The Tiiat National Bank iif Sail Kern i -.liuo, Cal, Ca lital. $100,000. J. H. Smith, Prosldeul; W. N. CrauJul', Cashier.

3.525— The

lUPOBTS AND Exports fob the Week.—The imports of last
week, compared with those of the prec-eding week, show an
increase in dry goods and a decrease in general merchandise.
The total imports were $8,130,515, against $S,255,79l, the preceding week and $7,236,102 two weeks prevmua. The exports
for the week ended July 6 amounted to $8,883,103, against

week and j5,70D,618 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) July 1, and for the week ending (for general
merchandise) July 2; also totals since the beginning of the
4r8t

week

in

January:
roRHioii IMPORTS *T

X'e't

Wed.

Tuet.

$7,132,006 last

1883-8 1.
35,777.271

lSS'-qi
cwt. 30.«5c»,584 35.603.393
38,419,000
TTie following shjwsthe quantities of
wheat, fiour and
tnaize on pw^age to the United Kingdom.
my.^.t

Sat.

S Iver, per ox
44 14
..d. 441,
4412
O0USOI8 for money
1015,8 lOloie 1019,8
Oonsola for account
10138
101',
1019l«
Fr'oh rentes (In Paris) Ir 83-20 83-17ia 83-02 Is
11379
a. 8. 4i«8 0f 1891
11 378
llS'a
128 14
U. 8. 4eof 1907
128M 128 H
Canadian Paclflo......
63>3
GS's
691a
Otilo. Mil. & 8t. Paul...
96 ?»
9.VH
97's
3014
3118
Erie, oommon gtook...
S138
142'4
Illinois Central
I1214
55 14
Pdnnsvlvanla
55
55 »8
12'8
Philadelphia & Reading 1259
I319
inn '4
1091,
1097^
N^wYorlt Central...

year
'^*'^*' ** ^^^ proyince is OctoThP?«Tnl'T.^''"'i°".'u«
The
rams stopped rather early, so that miich
of the dry

For Week.
Dry Qoixla
Ueu'lmer'dlBe.

Total
*'«»«!» Jan.

new tokk.

1883.

1884

$2,703,133

$1,918,592

7.0ii .25

1

D,G38,

1885
.4i>

1866

81.506.473
5,338.812

$1,997 356
6,133,159

»0,76t.3'J7

$7,556,733

$6,815,285

Ory Goods

t6 3.099.61?

*47,25l,993

$.';7,43

Uon'l mur'dlse..

169,719.a6J

«57.430,83B
164.374. US

139.570.1 If

159,563,034

19,57i> >22 1.804,951 {118.5,825,11'.!

216.997,596

'nt«I

$3,130,515

1

28 weeks. t23l,8

1,552

In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 6, 188G, and from January 1 1836, to date :
BSPOR-n FBOM KBW TOBK FOR TH» WKbl!
,

.

1883.
For the week...

85,780.758

Prev. reported..

16t».597,903

1884
f6,S56.R9't
145.183.5 ?9

1885.

18E6
$«,883,163
145,654,379

Total 26 yeekg. »175.378.66l'$152.340.182 $165.900.473 $152,537,542

JCLT

.

'

,

:

1

THE CHRONICLE.

10. 1888.1

The foUoiriiig table shows the exports and imports of specie
at the port of New York for the we«k ending July 3.. and
inoe Jan. 1, 1888, and for the oorreBponding periods in
1866 and 1884:
axroBS Aso ncroais or iraoia at iraw tobk.
MfmrU.

Imporit.

SoM.
St^tBrttala
flsnnftnr

VtM tadlM

»l.C02.i>fi«

«12.l43 04i

8.800

11..^71.SJ•.

S.46W.2>^
6,4U8,13U

li'.Viis

857,273
449,746

»,3»2

BiHetJa».l.

8193.687

•

S3MA0I

Maxleo
Booth Aasrlaa
T«t»i lose
Total 188ft
Total 1884

WfJt.

SiHte Jan. 1

VmJc.

1.127..'1l3
»i;: ina

I60.S46
7.718

Mo.731

706

20,704
194.683
7,187

f 1 58.938

82.9n.317

IIKWO

6..85.5tf3

38.518

4«,34<

37,721.57U

538,73;)

5.431.717
.Na42,583

93,808,124 936,909.314

Miwr.

•

8139.0^0 85.827.027

eraatBrttaia
VraiMw

,

.

.

9

lH-'.t;7

6,400

.

34550

Wost laiHi'.'."'..

61902

9-2,388

'.'.'.'.

•Tim

touk Amertoa

2j!<.335

87",i4i

"Yii

<0,4S8

St48.-<12

8».»:8.T9t
r,t|4.Sil

All other ooontrlaa. . .

TMal 1888
TMal 1885
TMal 1884

&8n4(.0

«

47'.>.f.94
s-.'.'.3

U.168

•«,902
87.238

U0,10u

1820.788
H4-. >1l
l,6S.'.4li

20,7 t»S

Of the abo>v« imports for the week in 1888, 1153.610 wera
American gcM coin and f 1,000 American silTcr coin. Of tb«
fxfowu during the mom tii&« f 10,831 wave American gold
ooin.

DBiU4 SUtM Sab-Trcasary.—The following table showthe renaipia and paymenta at the Sub-Treasor/ in this city, s*
well as tbe balanoea In thaaame. for each day of the past week :
Balamf.
DuH.

Jtan^s.

Pui/mmli.

*

8

879,333

i

••

•

l.0i>O,538
l.<«M).71C

••

8

^.03>l,.^4»

-

9

CM*

HI

83,453.700

83iA8H.020

1,IM, 81

I.l84,7>i7

9321.215

lo.rro.Mi

Ourrtntg.

OtrCt.

y,8*7,3»< 12H.J .a.088
2.7JB.4.I7 l28.H8S.!i89
1,0A7.V9I li8.908.7T7

2.481..

''Jr

Total.

Catn.

l8.9'o..'M8
l.V^»4.53it

1\'"5.!J»9

63ja«.080 17.»s3.-87

ia8j913aS7 82,385,910

17,l*U-(.7(-2

&

Texas

41

Pacific

ature in Texas

&

—There

is

getting to be too much literaod the situation becomes

Pacific affaits,

less clear.

The Wistar plan is practically a failure,
was reported, July 3, that the deposits

as in Philadelphia
of securities under
this plan of reori;anizatinn were as follows: $3,600,000 of
the (9,816,000 Ewtern Division bonds, $n8,0(K) of the
118,138.000 Rio Grande Division bonds, $340,000 of the
$6.7'20,000 New Orleans Pacific Division bonds, $10,000 of the
$'3,798,000 terminal bonds, 150 shares of stock out of a total
issue of $33,101,000: none of the $8,8A3,000 income!), and none
of the $3,700,000 land income scrip. Thi-i makes a total of
$3,143,000 deposited out of a total of $74,350,000. The committee has announced that July 15 ia the limit for receiving
deposits. This plan was begun and carried on iaihe interest
of the floating debt, with tbe announcement by the chairman
that no compromise would be made with other interests on
any diiTc>rent terms, and with threats that uilesi they came
into this plan, tbe Eastern Division would be foreclosed
enuratel^ and purchased by the Missouri Pacific.
The Hio Grande Division bondholders' committee has just
iMoed its plan, which has already been outlined in the
it

CUBO.MCLE but the plan is complicited and wou'd be greatly
improved if simplified. It is also open to the objection o^
leaving too heavy a charge for annual interest, and of making
too large an assessment upon stockholders.
;

It is of the utmost importance that all interestR opposed to
the Wistar pUn should unite, and possibly Mr. Fleminif, who
will arrive from Ix>ndon on Monday, may a&sis: in harmonizins; these different elements.
It is impoanble for stock or bond holders to get more income
out of arailroad properly than it can fairly earn, and it is inadTisable to provide for the alMolute payment of interest when
there is d<iabt whether such interest will lieo.iraed.
could not all tbe inUifeats in Texas & Pacific be harmonized oa
some such plan as this ?
1. I>>t the Texaa debt and old first mortgage stand— say
$3,951,000. Then create a new firbt mortKage on the whole
property at 5 per cent for about $13,000,000, to cover the
amount of the conaolidated bond^ and a balance for improvements as needed,
2. Issues* cond mortgage Income bonds for about $30,000,000'
at 4 per cent, i.trictly cumulative as to intertst, all coupons to
be paid in the urdvr of their dat<*, the bomls to have voting
power the same as stock, and no divi.lc'nd on sfto'-k to be madej
any form until bock oou|K)nH Hre paid up. There bonds tO>
ba isMied for all classes of bonds and debt, except those above
aanwd, in certain agreed proportions to fairly eqoaliee all

Why

0

New Tark Cltr.—The Aldermen have reedrad from the
relative tmtwtrA Talnatioos of the real
Tiu Drpart:

8. New stock to be issued for the present slock on pa.vment
the vnrimM warda of this city for tbe of $5 pf r share in cash.
The merit of this sort of plan would be its simplicitr,
years 1883 ai' a i:<>0. dhow ir
iea»e and deortase. Th«
the fact that the obligatory interest cliarse would bo onfv
report was r«eeiT> d and r>
the Finaaoe Committea,
which will rrpo't later ih« hiiiiiimi of the lax lerr agre<<l on aboM' *>-(" iKV) per year, while the relative claim of every clasB
1
debt could be a'ijuste<i in the perctntnge of
by the Board of Eatimate and Aiiportioomeiit and the rule of of
'tg*go bonds allowed; and ihe whole profierty,
taxation per $100 of aaaeaapd ralnatioo. The Trihune nutea inc
that th>< tax levy will be rvrUed and the/unoant to be raised including lana grant, would be preserved intact in the control
bf taxation lhi4 year rednc?d from the kum agreed on in of the new company. But whether or not a plan ot this kind
I><»mbcr laat, becaD—
'•cision of theCoortof Af>peals is adopted, it is of the utmost imnottance that thn holders of
with rpfrrt-nce to tb«
tmrnt. Nearly ttree niillioos bonds and st<ick should harmoni/..^ tlit-ir views ami agree upoft
of tlte amount named m iriv tax lery will be met by the iMoa on* plan rather than scatter thuir forces by having several
of boa<ls. The folio* ing is ttia re(Mirt soboiiued by iha Tax different acbamea ailaat,

and

p^nmn.'i.

..1

nd

DrpartmeDt:
AtattttH ralmaIU4. I-4.%,AM<

War4».

Amnsti
I

JUait.

l..^

87«,t3^.B14
3« ;>c,i<'>

»

DcfreOM

9at)tM-

o«. lHfi8, JEm/

Mtal ttlaU.

•;8.7^.-oi
SI,

It

Krai gr-

/mertoju.

8
i.tiia

.:»7<

laH.
8^4<J.03l

3
4

Vh

8
a
1

Salen.—The following were sold at auction
U. MuUer A Son, 13 Pine Street

re-

Om

60 if. Y. IfatOHl
107>«-^
25 Wmll St. Nat. Hk...8^ V «! tro
140 UirllUrd Ini. Co., 88 l>«r
-!
811
30
|>rf!M CO
810

17
\<

S^arrt.
5 I^ S. Illiiiii iiiitliiv C.>.... 41
SJBec'iT .Murine Ti-opePer
$13 per (bare
C"iu 'Hoy
XOU
63 Third Ar. KK. Cii

8A«r««;

-

;i

2'.',

.

:

13.
13..
II..

1"

Life Io«. Uu..Ulil
.113
ln<. Co ...
1 CIlDtoa Hall A<ar>rlntl<m SO

OO

l'.l-.U7.%

.

I*...
17..,
t»..,

8:3,413
HO'l,

-

T4J.1U
10

iajU9,«39

Total

8.^4f».^51

ll,19i,uUU

931,975

•l.t«a.l4S,lS7

•l,t03.9tl,0<)&

838,343,979

lU&»-.„..i „..uk

lAf>

26 Uaokor.Na* York

193

Inertatt ParloiMl Sfal*.

•13V2!t7.930

8148.47O>10

8IO.21i.tKM

98e»,84t

9.543.0 44
59,0 U. 8 13

Total p«rMnal(stsla83v3,«73.8 16

8'17,0a7,2Jl

ItOV

Ualted States Oorerament and other desirable

SECURITIES
roB

INVESTOR

81V212,800

persoasl
tte
yp t usi W ss 8l3.'(.7->4: ahftrpholilars of
'"••
'
-. 8i.-t-M<
Mih9>.74S,45l:
Sl.-t.Vt ^4->.
J-lt.
ttaiaswa
sis isal aof tc,
t.

sii

p

Saal Msl aad
v1 Mrmiol r>r

lotiti real
tot
jttino** aatala lor 18 v>, 8 ,171.11 7.') >
1 .88. 6 1,430,96 4.3 M; tot^ lueroaM, 8'-.5 ' 6,(174:
I0*4l 4»«r*MA. 8J.70j,M>4.
1

I

_as«to

•

{1.130,988

'

oetliii.

T-.'-'

"-•"i«»ln
r.r

T^tal^s-

lBcr»aM

..

Id 11881

1371.117
•^•.^Sl.tsJ

{.<r

I

Ms'd

184(1. 852.5^0,579

1888..

B.

:

'•rlaanVJ
:

Bondi.
810.000 M. Y. I'liy 7; Consol.
Ml>>ck, due
Pund
I'ltrli Imp.
149*int.
mo-> ..."
On (told
City
Y.
810,000 N.
Omwl. City Imp. Btock. due
...127^*lnt
18M«
8I.00>Pikrlt & Dcrntur RK.
17
7h
tilluou
Ut
Go. uf

9ne,(ai

Ftrtonml MtlaU,

j:

I, ,.„,,.,•

l,0v;.9l7

II'.

10,17i,ll6

nmonml MDmU,

;.;.

loo Blfwckor 8trevt & Fulluo
•
••
30><
'UotviCo
20O
\ Imn. Co ... 40
luo
3tk. Eip. Co, 15V|

(',3

1

41

88.341.311
•5.178.849

Wzr:

^

ti(»n

i.iuly by Ueaors Adrian

7
8

1<».

—Mr. J. U. Litham, of the well-known firm of Mefsrs, J.
H. L<itham & Co.. his just be»-n admitt <l hah member of t he
New York Stock Eichange. Parties dealinp; wit'i this hotise
can now have their orders exeoutel promptly and directly at
the Board.

3.705,396

Net loertaw 189J.. 819,8)1,383

and boadf listed oa the Kew York Htook Exobia;e boaicht
on eoin'OlMlnn for eash.
._
^
DeiKMit anoooDta moelred aad lotereitaUawed on maitUy balaacaS
All •took*

,tnd I"*!

.

•at^Jeot to draft

.

at alRht.

HARVBV
i!8

PISK

St

SONS,

Nassau Snutrr, Vttr YOttt.

.

:

.

THE CHRONICLR

42

""

OIVIDBNDS.
Bookt Oloted,

(Day {n«lut<M.)

I or

Railroads.
A.

8<uii»

July 13 to

Fe (quarterly)

K«Bt MiibHiiDV

July 4 to July 11
16 July 7 to July 15
1 July 1810
Guly 22 to Aug. 19

LlttlKS.linylkih Nrtvlgntlon
Minn Hill A S.'imylkiU Haveu....

H uliii.il i>r«if iTn-il
St. P»ul SliiiD. & Mim.
WUiuluyioii

A

(qoarterly)

Wi'lfl.'D

lueurauce.
Cltlieud'
CDutiiivn'al
Eiiii'lra Cliy
Flrenifu's

WAL.I. HTREBT. PRIRAV, Jnly », 18.S6-5 P. M.
The Money Market and Financial Situation.—The
week has been somewhat variable in the phases presented at
the Stock and Produce exchanges. To an outside observer it
has appeared for some time past as if there were a strong
speculative clique, including the Chicago men, alternately
First they
bulling and bearing wheat and the granger stocks.
began some time ago by running up the stocks while the
depression in wheat was going on to an extreme point; then
liey turned suddenly and rushed up wheat three or
four cents, realizing their profit and causing the market
Recently this
to drop as quickly as it had turned up.
noticeable,
and
speculative see-saw has been still more
has been made conspicuous by sensational reports of damage
to wheat and a probable corner in July, published in some of
the Chicago dailies and by one of the leading morning papers
in this city. The last move on this speculative chess-board
was the widely-circulated report to-day concerning the efEect
of last night's rains in the Northwest, which reports were expected to bull the granger stocks and to depress wheat, though
expectation was not realized,

as the

same game had

been played so often that much of its efiect was lost.
There has usually been a modicum of truth in the crop reports,
but they have been grossly exaggerated for speculative efEect.
Aside from the above general view of the stock market, which
refers to the manipulations of a number of weeks past, the
main points this week have been the drop in exchantje and
the cessation of gold shipments, together with the reported purchases of stocks and bonds for foreign account. The latter is
always a good thing for our market, and with a fairly healthy
state of trade here and in London, there seems to be no reason

1886.

IH(fer'neetJr't%

Julys.

Previous week.

1885.
July 3.

1884.
July 5.

litMUU And dls. $355,743,700 (DO .(4,657,200 $307,206,400 $292,6^8,900
64,48S,90o Deo.
Bpeole
529,500 114,119,600
60,851.800
7, •.19,700 Dec
3.700
9,839.300
14.43 7,600
MMdepoitts.. 877.411,400 (DO. 1.583.300 880.798.800 290,304,000
Legal tenders.
40.890,400 Deo. 2,407,500
42.688.000
2S.O27,OO0

arpiu
Bxehange.

bllla

4 89

on Ijondon.

.....

4 8.'>>a«4 85^
6 13%»5 l">e'5 IfiTgaSieJ*
40i«»40»is
406,B*4038
9538->95>«
95^99570
I

—

Coins. The followinjT are quotations in gold for various coins
SUverHeauo 'as. — »H%'» par.
$4 87 o.t4 90
— P3 « — 95
Five francs
Nupoleons
3 87 « 3 91
X X Reiohmarks. 4 75 9 4 81 Mexioan dollars.. — 78 » — 79
Do uiicoinmero'l. — 77 a — 78
XJuUders
3 96 ® 4 00
— 70>a» — 72
Peruvian sols
t^pan'bDoubioons.lS 55 915 65
EngUsh silver.... 4 PO 9 4 86
Mv<.. Doubloons. .15 55 »15 65
77 » ....
dollars
m'am
trade
Fm« gold bars
o!ir*«4
a. i.
Fin sliver bars .. — 97V»» 98
O. S.silverdoilarc- 99>fl» 100
Biivurelgua

$94,35 2,850 (DO. •39^,825
105,374,300 Deo. 2,937,000

•95.199.700 •72,576.000
1S6,807,600
88,878,800

•11,021,450 liecwisiiisM

•61,607,900 $16,302,800

— Sterling exchange continues dull and lifeless and

tstea liave been weak.
This is due in pirt to a falling off in the
demand, and also to the increase in the offerings of security
bills against purchases of our stocks and bonds fur London account; tbe latter has been quite a feature of the week. Posted
rates were twice reduced
and are now
4 cent each time
quoted at 4 87^ and 4 89.
To-day tlie rates on actual business were as follows, viz.
Bankers' 60 .iays' •torling, 4 86l;a4 87; demand, 4 H8i®4 884.
Cables, 4 884(a4 88J.
Commercial bills were 4
4 854.
Continental mils were: Francs, S 184(^5 18| and 5 164;

—

—

m®

reichmarks, 954(^95}

and 95}<S96;

guilders,

404@40| and

404®40t.

The following were the rates of domestic exchange on New
Tork at the under-mentioned cities to-day: Savannali, buving
par, selling 4@4
selling 8-16(^4

>•

premium; Charleston, buying 1-16 premium,
premium
Boston, 1^(^15 premium; New
;

— yO^a

dimes.

par.

United States Bonds.— Government bonds have been dul
and without feature all the week, and prices remain unchanged and steady.
The closing prices at the N. Y. Board have been as follows
Period*.

48,
48.
38,
6s.
6s,
68,
68,
68,

'95.
'96
'97.
'98
'99.

.reg. J.
.reg.'J.
.reg.jJ.
.reg. J.
.reg. J.

&
&
&
&
&

*128
J risi
J.

Ui\

126
125'e 12^78
•lOO'e 100% •100% •lOOTg
•126
12H •126 •126
•128»8 12858 •12^68 •12808

J.«126

M

J.

».

:

July
9

111% '^111% •lil\
I25''f 12578 126

12.i'8

&
a

July

111%' 111%

'111%
111%

..reg.'Q.

I

cur'cy,
cur'cy,
our-oy,
uur'cy,
cur'cy,

July
7

6.

5.

3.

Mar. '111%
.coup Q Mar. lll't
1907
..reK. Q..Jan. '12.5 'e
1907
coup. Q -Jan. ;2.'i'r
option U.S.
rfcg Q. -Feb. ;• lOOBg

41SS, lfl91
412S, 1891

July

July

InUrett JtUy

•I31I4 13114 •131U •13II4
'133% 133% •183% •133%

n33

*136>< 13t"4 13614 •136'4
no tale was miMle.
:

J.l'136

TbiB la tbe price bid at tbe morDine board

State and Railroad Bonds.— State bonds have had only a
moderate business, the totals being as follows: $54,000 Tennessee settlement 3s at 731-74; $19,000 do. compromise bonds
at 70i; $6,000 do. 6s at 61; $25,000 Virginia 63, deferred, at
10; $80,000 do. trust receipts at 10-|; $15,000 do. Louisiana
consol. 4s at 77-77i, $10,000 North Carolina special tax at 10;
$4,000 Alabama Class A at 1034; $10,000 South Carolina 6s,
non-fundable, at Sf.
Railroad bonds have been moderately active all the week, and
the movement of prices, as a rule, has been unimportant. The
market is very firmly maintained, however, and does not keep
pace with the unsettled and varying phases of the stock market.
The Erie Sds, ex June '86 coupon, have been the only
conspicuously active class, and they have been a little irregular,
but generally firm.
The closing prices and range of a few leading bonds are annexed
Closing.

Name

The open market rates for call loans during the week on
Stock and bond collaterals have ranged at 1®3^ per cent, and
to-day at 1^(^31 per cent. Prime commercial paper is quoted
at 8i®4 per cent.
The Btuik of England weekly statement on Thursday showed
• loss in specie of £196,000, and the percentage of reserve to
liabilities was 85^, against 87} last week; the discount rate
was unchanged at 2} per cent.
The Bank of France lost
12,025,000 francs in gold and 650,000 francs in silver.
The New York Clearing House banks, in their statement of
July 8, showed a decrease in surplus reserve of $3,333,835,
the total surplus being |U,021,450, against $14,354,275 the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
•Tersgeaof the New York Clearing House banks,

B«Mrvebeld.

Demand,

4 87i«
4 86 94 86>4

Parl8(trano8)
Ainaterdani (guilders)
Praukfortor Rremen (relohmarks)

should not continue.

Legal reserve

St.

-t

Bntxnrg
United states Fire

it

premium;

Sixty Oayt.

Prime oommerolal
Dooomentaryoommerolal....

DimnsA

Kiili'knriiocker Fire

why

Primebankers'sterling

ZUII.

9.

July

The foUowloK dlTldenilii h»Te reoently been aanoanead:

Atoh. Top.

[Vol.

Orleans, commercial, $1 premium, bank, |1 50
Louis, 60 premium; Chicago, par.
The rates of leadmer banlcera are aa followa :

~~

this

:

.

Range since Jan.

July 2 July 9
•
N. Y. L. E.& West.—
2(1 oonsoi. 68, ex. June, '86, op.

95%

Fundfd coup. 58
West Shore, guar. 4s
East Tenn. Va. .» Ga.

Mo

Do

x:lf'2T8

Ss.tr. rets.

inc trust receipts
Kans. & Texas, gen. 6a
gen. 5s
Do
do
dii

Texas & Pacltic Rios. 68, op. off.
me Waterfn &0!;d..ci>n80l.58
Oregin riana-Contineutal, is...

R

N. Y. Cli
St.

Jt

St.

1, *86.

of Bond.

L

,

isttis. cr. rec.

Louis & SanF., gen. 68...

95 k
92 Is
103

Lowest.

76''e

7714
10114
B-iM
ITOg

Jan.
Feb.

eft

24ie
9o>4

24 J«
95

Sl%

TJHMiiy

56'8

56 Hi

4514 Ian
S?"* J-in.

10

lOiii

l(.2i«

97
108 •«

96'*

110 1«

9714 Juno
9614 Mar.

Jane
June
June
v6S) June
8H Feb.
8% June

lOi
Jan.
96
Mar. 25
lau.

95

100 ifl

Highest,

8758 vlay

102

July

g^isMav 1"3

June

99 June
81 May
9914 Jau II214 June

—

Railroad and Miscellaneous Stocks. Considering the
extreme heat which has prevailed this week and the fact of its
being a holiday period, speculation has been tolerably active,
and the movement of prices somewhat wide and important,

The feeling on Tuesday and Wednesday was bearish, and prices
somewhat unsettled and irregular. On Thursday there was
more steadiness, and the changes for the week are unimportant
for most stocks. There was a strong bull movement in Western
Union, just after our last report, based on speculative rumors
On "Tuesday (Monday
of a settlement with Baltimore & Ohio.
being a holiday) the opening was strong and higher. Western
Union selling at 70, but a reaction soon occurred, the bears
making a strong raid on prices, giving out various unfavorable
Western Union declined sharply on a denial of the
reports.
previous rumors, and the grangers, and incidentally most other
stocks, declined on reports of heavy damage to spring wheat
by drought. Since then the market has been stronger, assisted
by statements that the reports of damage to crops had been
Another favorable feature, too, was the buying
exaggerated.
To-day, Friday, the tone was
of stocks for London account.
about steady and the fluctuation in prices was moderate, excepting I. B. «& W., which declined to 124, recovering to 13}
at the close.
Aside from the above, there have been few special features.
The Vanderbilts and coal stocks have not been conspicuous,
with the exception oi" Jersey Central, which has ruled very
strong, and records an advance for the week, on the improving
financial prospects of the company and the rumors of some
kind of an arrangement with Baltimore
Ohio.
New York
New England has also improved, and late in the week
Pacific Mail had a strong movement, on a revival of the rumors
of a settlement of the trans-contiaental difficulties.

&

&

i

.

JctT

.

.

!

THE CHRONICLE.

10, 1886.]

48

NEW fOBK STOCK EXCHANGE PRICES FOB WEEK ENDING JULY

9,

AND SINCE

HIOHBen AND LOWEST FBICEB.
STOCKS.
AetlTc KB. Stoelu.
CWudUui Parlfie
...

ChaadmSoatheni

NewJaney

Oinitr»l of

.•

July

Jnlr

3.

6tf>a

66%

43

43

54% S5U
43
•8H 10

Chaaaprkka AOtalo
latpret...

Sdpnt....

•16
II

i.

Tneadar,
July G.

68
;

43

Omtnl PMtfle
Do
Do

Mondaj,

Bttotdajr.

I

6S>3

43% 44
54'« 5«%
42% 4U%

7%
44

JT'i

•Ulij

Jul/S.

July

W««k.

*42
I

GUmcoAAIIMI

!»m

'

Do

pr.

DO

Pt'

CUaa«at.Lo«la*i>tnilmnc

vo

ptvf.

I

DO

pnrf.

It

14

SO

SO

;

'

.113.^
-14019

..
1.' ...

l-iH

13

HO

H<>

1-

.vj

laoia

l-.'H

370
HOO

32

I

no

1

24.9 tu
2,«<M
1.2,'iO

l.S.'O

LaekawaaaaA W

SniTar* RtoO.. iiiiiimt

010 135

- 40%

CMmmb St. PmiI man. * Om.

76.Mi
1.910

;

aat Trnn. Va. A Ua., aaa. ptl

10,378,

pref a«a pd.
Do
XraaarlUeATcRa Baote ...
rortWoclfcADaaTara^....
,

Onaa B» WlaaaaASt. PaoL
laaATaxaaOiMral

lOaotiaL
a IWawlairt'* A Waafa

LakaMaAWaatan
..
lAka Sbora A Mlah. Saatban.
Laaclaiand

LaSniieA liriMkTiila.
Laaia. Vaw Alb. A Chlaa«o

141«
•8»«a

jASLLaati

peat.

lATteaaV....

2,9'ift

84% 8t%!

M

33

33,189

138

Jan.

3!

100%

Mar. 24

11

May 22

8

40

Jane 23
70% Jan. 2
711* June 3
95 Jnne 10
23 June 9
51% Jan. 4

32% Jan.

3

114%

Ian.

11

17

Jan.

5

•

4% Mar. 24 10 Jan. 5
May 4 23 Jan. 5
33% May 3 30% July 6
50% Jan. 18 72 July 6
30% Mar. 24 43% Jan. 28
15 May 3 2t%Jaa. 4
It

awTorkOaUfloA
loAWaiteim.
awToikSaaq.AWi

6

Do
artrtkAWi
Do

Feb.

1

8%Jaii.

17% Jan. 25 24

Feb.

3
9

Mar. 25 I5%jiay 6
Jan. 29 38% July «
May 4 29 Jao. 3
93% Mar. 271 «l% Ian. 3
3,300| 19% May 3 20% Mar. S
13%M.U'. 2i 1» Jan. 4
13.212 29
Mar. 2t 39%June2t
9,40.51 16
Mar. 24 29 Apr. 12
7,l>«o: ld%Feb.
9 31
Mar. 8
860 79 Mar. 1 1.90 July 1
9.6741 37% Apr
6 38 Feb. 3
400!
Frh. 15
3% Jan. 16
32^ 29 Jan. 18 79% July 8
3.3 4) 17
Hay 9 20% June 21
2..iTii
:!7% May 9 Al%Juoe21
':'
May 9 113 June 21
:
Jan. 18 87 Apr. 12
'>%Jan 24114 June 16
U5U, 106% Jan. lRII8%F.<b. 25
2.0:{0 30% Mar. 17; 41% Apr 24
9,990
7% \pr. 30 14% Jan. 2
33,499' 44% Mar. 34 98% June 21
4.4391 12
May 14 20% Juuu 23

8
39
32

Do

Oklo A lOi^mtttt.

OMer

33% 34l«l
33% 3a4«|
34% 35%

A

33% 33^

aamUam.
lAOaavUlo.T.. :: I4S 1.U
u'4 A Waat ratTanaiaal
31% 31 ^«

larAPMaMirf

WalanawB A Onleiiab'c

•*«i

Do
Do

ft

77% 77%

t.Laa>a Aaaa ftaMLeo....*! *33

84>«

ant
lalprr'

M. Paal A Dolatit
Do
pref
__
1. Pawl Mlaaaap. A MaaHoba.
BoatlMni PadOaOo
Paaile

BilMf^afa

Wak.Bl.L AP..P.Ooaij«pu.
•OaalAIraa

bMa«OaaOa

38% 30tt
10% 10%
551*

.V7

55% 50%

17%

Iii%

17>«

17%

80

6,0001

.

10«

81%.

oa
109

4,909' 93
94,415^ 49

I

5t% 55

ParliBrXall

1361* 136

I

,

65% 60

»»»

140

66% 67%

63% 64

waU^Jirg A Ob
..aA raillu

186

7%

...

"--•— 1 A ».T. Alr-Llaa,
--"-ttnaaainia
Oatitral Iowa

136

93%

1«

IS

3%
6%

11
13

3%
5%

00%

i*Maazair'
--l^La>.ABIcai
M'x\>^m Tilaffapk 0»
MoiTtaABaaas
5- . Tor*
nrk I.Mfe.
l^aak. A Waatara.

142

146

31%
•4% "a
30

ttlnlacOa

*33

'TanaBaaa

35

•Ho" ai'

"ii" "ii'
'Mkl

A

Irmi

'

42's

42%

Ibaae ara Uie ptleaa bid aad aakad; ao tala waa aaOa at tae JBoafd,

A.>r. :<0|

70% June 29

Mar. 6
Mar. 241 21
Jan. 13 100% Feb. 26
Mar. 6
2
21%
Feb.
17
Ill)
May 20 119 Mar. 24
132%. Ian. 8 144 June 13
100% Jan. 20] 109 June 1
l»% viay 8 31% July 6
_ .
120' 141
Jnn
2 190 Mar. 6
4% June 2 8 Jan. 6
May 17 25% Jan. 13
M»y 3 10% Jaly 2
June 2 46 Feb. 3
June 26 99 Feb. 16
Jan. 13 21
June 1
May 4 19% Feb. 19
Mar. 29 90 Mar. 1
16

93

106% 108

uar.ACMaaca;

Feb. 13
Jnne 9
Feb. 26
June 22

7
96

•16

93

9

9

May 4 9% Jan. S
Apr. 3 101 Jan. 29
Feb. 13 18% July 7
Mar. 24 2i%Jan. 5
June IS
..
Jan. 18 94
70
2% June 10 4% June 11
7% Jnne 10
9 July 2
146% Jan. II 152 Mar. 5

7%

16% 16%

CloriD rn<l. M. Loola A CMe_
UaetnnaU Wakb. A BalUm'n.

876:128 May 3,137% Feb.
142,940 60% June 9 75% Jan.

378, 91

piaf.

,„

June 23

Mar. 13
Feb. 8
Feb. 13
Mar. 6
May 4 109% June 18
Feb. 23 07 Jan. 2

19 141 June 1 190
389 101% Jan. 28 110
May 19 66
110 119 Mar. 26 130

143

108% 109

^Mad

33% May 20 32

May 4 27%
1,029 21
37,189, 74% Jane 3 111
7,842 87% Jan. 18 104%
100 16 June 8 31%

36% 10"

Dxiawara A Bodaoa Ckatf .
Or««oa ImpfoTaaaat Co
OrMoa BaflwarAl'aT.Oa...
PoJlnuu Pai»r«CarOa
Waaiom CiUod Talegiaph..
"^

!!;>>• ti&4i

80% 30%
34% 34%'

onf
*mmat»tkm.

I>o

*

3

19
4
38
18
24
34

43% Apr. 29 57% July 7
98% Uar 4,108 June 19

Vaw York LakeXila
tnmmw
AWwtri.
mmrm
Do
aw York
A Maw

I>nn>«M«i

4

40<aMar.
31 May

•« Turk CUa. A St. Leak

A

5

Feb. 8
June 21

Mar. 391 51 July
Jan. 3 129% June

16% Mar.

Ka« York Oaalnl A Bataaa.

tteaa

18% Jan.

90%-

6
9
9

S3

50% Jan.

loawi

28% Jan.

33% Mar 3 45% Jan.

S3

»aa>y.OfcaltaaeofaAat. Loola

__

May
-

May
61% May

91%,
33

9|
9i
31

Jan. 30 100

S9

MoMtoAOkla

BfDpaaa

76i«-

120

38%
74%
67%

Mar. 231 36 Jan
May 4' 143 >• Feb.

l2iaJulv
ai«JuIy

80

*7H 47%
30% 31%

tM

4% June 25 0:% J. mo 29
ll>«June24; 147,{June29

25
430 ISA
8.730

im

••7
l»l%

U

e7>* Jan. 29| 88 June IS
19 May 4 2519 Feb. 1
8 Jan. 10 13% Apr. 19

S4% 85%
B7S
41% 43>a
48% 51
74

MlLLakaBkaraAWaal.
Do
rut.

87

I

38>a

lOBtral

14V

'•Y6>i"ii\
*33
34
139I«13»I«I
IH
18>o
13

'137

May 4 llii% .Iuiie21
Jan. IS 142'-.luly 3
laoig -lay
131
Frb. 17
-m Mar. 24 IS^Jau. 5
2iii» Mar. 24
35>4.lan. 5
So^Mur. 24 .'>()>« June 13
97 Mar 21 110 June 18
43 1« Mar. 24 fiO Jan. 2
20^8 May 3 3^>a Feb. 17
115 Jiin. 19 I3'>% F«b. 13
2l>4Mav 4 28<9Juuo23

81,-5'J t()l>4

•11% 14
••-•••

aa*»laa40aLCSD.* InAlaoap.
OMBBbu HaektaC VaL * T

)

61 Feb. 17
34 \ .Hay 4

3,460
6,775

49,21.^:

•.'.>

ua% 111%
Ul>t*U(i
1^%12A% l^A>i
.%

,1

CklMgn Rook Ulaad * Paeino.

Da

1888.

•">

P3

OhiMW» * HarUwnMfn

..

Loweat.

1,

_
Hlgheat.

I

i

OMii—o llBilliii rmi * Ctatoer
aummm Mttwrnolcaa * sT^al.

I*alawai«i

-^

<i8%JuIy 6
45% Feb. 17
4-JUJhd 18 57'8Mar. 3
42
4J(l
4'J%
1,915; 38
Mar. 24 44% Feb. 1
-8% 10
"!00
u
7 May 6 ISVfJan. 8
17% 10
17
5M) 13 Apr. 301 2I>sJan. 6
10
10
Hlg .May 11 TS"* Ffb, 13
125
;••13S
May 17'145 June 18
134 134i»
1. «.->>! IJM^ May l.") HO
Jan. 5
!»2>4 93'«191,|x.5 g-i-is \f,iy
4 it«%Jan. 2
123
50i im May 3 1
Mar. 3
r>ti

9
»
17%I '16
13

,

Sbaree.

9.

188«.

1,

Range since J an.

Balee
of the

Friday.

67% 67 >9 •67% 67%;
44% 41-« 43% 44
HiH
bbH 56
't

67%
41%

54% 5tt%
43% 43
'8^

•sHi

16%

17
11

Wedneaday.l
JBIy 7.

JAN.

f

Lower prloa la az-rlgbM.

—

. ..

(

.. .

.

.

THE CHRONICLE.

44

[Vol. XLIII.

OF STATE AND RAILROAD BONDS. JUI.Y
QUOTATIONS
^
STATE BOWPS.
Al>buua-ClM> A,

OaM B, i», 1006

103
105

1006.

'

-

flw

Rook

funded....
Ft. 8. IM.

*

V

clfc-Se.lSSa
1886....

ixnn.

.11

6b, 1919
Ohio-es, 1888
South Carolina—
6a, Act Mar. 23, 1889

8BCTTRITIXS.
Tonnesaee— ContinntKl—

New bonilB, J.&J., '93.8
Special tax, all clanses..
Wll.C.&Rn.B.
T)o
Consol. 4b, 1910

77 "a

1

9, 1886.

Bid.

N. Carolina— Continued—

W

T».L.B.f.B.*N.O.RB
»»,Ml8«.0.*B.R.BB.
fc Arkuiswi Cent. BB.
ra.miii.
?!

LonlsUbv- 7s, eani.,1914

88
77

BBOTTBITIBS.

Ask.

Btatnp'd, Is
Mlsaonrt-es, 1886
108'
6s, Ano 1889 or 1890..^
AsTl'm or UnlT., due'Oa 120
119
......
1894-96
Fnndlim.
iO
Hannibal * at. Jo.. '86. 100
New york-69, reg., 1887
30
e»,lo:in, 1391
20
6«, loan, 1893
(
es, loan, 1893
33
N. Carolina—Os, old, J. AJ.
11
'111"* IIIH
Fnndlnr act. lOno

#l,10-Ms,lBaO
Ti, I.

Bid.

102V

atfaO.**^^
aittiiiaw

BKOCBITIKS.

A(k.

BIO.

BKOTJBITISB.

21
10 le

69,

Bid.

Aak.
Del.

Bailrond Boiidg.

703,

fl

68,delerretl
District of Columbia—
IOC's
3-658, 1924

>

6

non.fnnilable, 1888. J
consol'u 69, 1893 '106

Brown

45
40
90
55
00
10

lo'ij

llOHl

Beglstered

60 "a
60 Hi

TennOBBee— 8«, old, 1892-8
««. new. lR»2.«-lflon

Fnnrtln<r68, 1899

4 Hnd. Canal— lst,7B

Ist, eit.,

78,1891
1894

i.

lOJia

134

1st, 68,

lit,6s,llf21

-.•

Can. So.- 1 St, Int. gnar.,6e 106
92
Sd,6», 11118
u--:,a;
Cantral Iowa— 1st, 7s,'99t 110
70
East. I)lT.-lBt,e8 1912
09
111. riv., lot, 68, 1913..
Obes.ft O— Pur. roo.fd.'OS
es, f(oM,8erle8A.,1908.
««, gold, BerlesB., 19081

«30»e

fc, «nnencv,1918

••llo«gaje.6B,l»ll.....

99

.,

Bth,7e,1888
l8t,con8.,gold, 7s, 1920
1 8t, cons., fil. coup., 78.

* »lo. mv.— Ist, 78. 121
3d,78.1H0O
Bt. L. Jack.* Chic— l8t '119>s
la.

Long Dock b'nds, 7s. '93
Consol. gold, 6b, 19:15.
B.N. y.A E..-l8t,7B,1016
N.Y.l,.E.AW.-N'w2aUB

134

Con8.,78, lii04.5-6
Cons., 2d, ircoTue, 1911.
H.AC«nt.Mo..-lst,78,'90

Mobile

Fund

108^

A

Ohio— New

tis

V31,

St.L,
1st,

Og.-lst,78,'91
Con., 1st, ext., 58,1922.

Roch.APltt.— let. 08,1921
Consol., 1st, 6a, 1922..,
Rieh.AAlleg.-lat, 78,1920
Trust Co. receipts

T.

Incomes, 1900
Scioto Val.— 1 st, cons., 78
St.Jo. & ti'dlsl'd.— l8t. 6,
St. L. A Iron
1st, 7s

1111«

78,1918

Mt—
Arkansas Br'ch — lat, 78

128

1281,1

132

Trust Co. receiptB

coup.. 58. 1909

64
64 >i!

64'-,

„

I

I

1.J

C—

1

I

'

I

•

[

'[

:

|!

i

:

Min'sUn.-lst, 68.1922

A

St.P.
Dili.— 1 6t, 5a,] 931
So. Car. R'v— l8t, 68, 1920
2d, 6a, 1931
Shenand'hV l8t,7s,1909

—

Geneial. 68, 1921
Sodus BayA 80.— l8t,5s, g.
Tei.Cen.— 1 st.8.f.,7e,1909
1st, 78, 1911
Tol.(SO.C.— lst,g.,6s,1935
Tol. P. A W.— let, 7s, 1917

1st, St. L. Dlv., 7a, '89
2d, ext., 78, 1893
Eqnip'tbds.. 78, '83.
Consol. conv., 7s. 190'

G t. West'n— 1 st, 78,'88
2d, 78, 1893

Q.ATol.— l.st, 78, 1890
Han. A Naples— lst,78

-ij

,

Ill.A Bo. In.— l8t,6X.,6a

I

'

;

.

—

lOli-VlOS-j

'128"
Consol. 7a, 1914...
Consol. sink. fd..78.10I4
*
General coDsol., 68.1931
Chic. St. P. M In. A Om.Consol.Ca. 1930

O.KI.P.AM.-l«te8,1918
1930.!
fit.P.AH.C.-lat.lia.lOlO

CWe.A .E. lll.-l at,8.f.cnr.
..

Chlo.sl.L.AP.— l8t,con.68l •96

106

871a

1231,

99

Bonds, 7s, 1900
7aot 1871,1901

88
100

148
116'.

133

SanduskT Dlv.- 08,1019
A M.- 1st. 68,1919
LoulBV.N. Alb.AC -lkt,6B
Laf. Bl.

2(1.68,1899

111=4
•38'

1890

114',.

i'llj'

;

84
741,

112

77
113

104

98
-87'.,

lllv,
981,

loo's

90

112%

96

921,

102

98

99

97

Income Bonds.
941(2

(InteTe»t paviihte if enrDeflJ
Inc., 1910..
Atl.

A Pac—

Pac— lat,08,'95

Denv.Dlv.08,a8a.,'99

9B
86
100
118
98 iv

96%
100

—

104 Hi
Col.C.A Ir.Co.— Ist,con.6s
120 iii" Tenii.Coal A Ir.- Cona.,6f
So. Pitts.-lst, 68. 1902

Ist, 68,

92iSB

83
8&

971,
St.Chas.Bge.— Ist.Os
No. Missouri- let, '78. •118
W.St.L.A P.— Iowa div.,68
Trustee, Receipts,
West shore Ist, gnar.,4s 102-, 1031,
•118
West.Un.Tel.- 7s, 1900
lao
78. 1900, reg
106
N.W.'leU-Braph.- 7s,1904
82 13
SI
Mut.Un.Tel.-.S.fd.68,1911

118

116
102
I 90

Cons. gold. 6«, 1010
I^n. N. (). A Tex.— 1st, 6s
9l>4
Mauliat.B'ehCo.— 7b,]i,K)0 •871s
M.-ni.A('lias,-68,pl(!,lH2l 102
105
Metin. Kiev.— lBt,Bs,1908 1171s

Slex Cent.- iBt, 78, 1911.
l8t,M..7s,ex.cp.,6.7,A8

Bans.

A E. 111.— Income
E.T.V.4Ga.-Inc.,Tr. rec.

Chic
lis

23

22>,

24 'a

24%

.

108'8ll0«i-y Or.BayW.ASt.P.— 2d,inc.
Ist, consol. ,68,1919
CJir.U.P.-F.c.,7s,05 108i„,
lud.BI.AW.-Con., inc.,6s
AtC.AP.— Ist.Os.lOOS 1051, 106 lud'sDccA Spr'd— 2d,inc.
At.J.Co.A W.— lat, 6s 104i.i
Trust Co. receipts
Oreg. Mlol t L.— lat. Bs 107=8
Leli. A Wilkesli. Coal— '88
661(1
Bt.^o.-Oen., 78,190?
Lake K A W.— Iuc,7b,'99
78",
Exten., lat, 7b, 1909
Sanil'ky Dlv.— Inc,1920
LaLBl.AMun.-lnc,78,'99
Ma. Pac— 1st, cons., Ob. 111=8 112
125
r,i6A. Mil. L. hh. AW.— luMines
8d, 78,1906
1st, 6s .. 100 14
Pac. ol
Mob. A O.— lst.pi-f.,deben
2d, 78, 1891
2d, pref., debentures
81I.L.AS.F.-2d,6s,CLA J16i» i'i7>H
3d. pref., debentures
llBin U8
6s, Class r. 1906
4tli, pref., debentures.
liO'i
68, Class B, 1906
N.y.LakeE.AW.- IncOi
Ist, 6s, Pierce C. A O. 103
Ohloso— 2rt, lnc.,6a,1021
Equipment, 7s, 1895.. 103
PeorlaD.A Ev.— Inc.,li)'2(>
Gen. molt, 6,s, II13I .. 110 IIOM
Evansv.Div.— Inc., 192(^

Wo—

39
25

36%
"»4*

100
30

61

110
08
37

30

.

So.

Pac of

Slo

— l8t,6a

1031, lOKi..

36
06
66

75
37
07
67

Boch.APittsb.- lne..l(J21

105
Rome W. A Og.— Inc., 78. 92i(,10l>
FtS.AV.B.Bg...Iat,68
110
26
So Car. Ry.— Inc., 6b, 1931
Tex. 4 Pac— l8t,«s.lB0i "89"
St.L.A.AT.H.-Dlv. bds
60
Conpol.,09, 19051.
"iff St. Jo. A G'd Isl.— 2d, inc.
68
69
38
Inoflmo A id. w.— reg:
Free l.l»t.
W'i
Bio G., 68, Aug. cp. 00
CIn 4 8p.— l8t,C.C. A I.,78 116
Do
exAug. cp.
"eeV,
Ist.g., L. S. AM.S..7B.. 131
Gen. mort. A tbr. (is
40
iN.J.Somh'n.int gua.6s,09
95
96%

Kan. C.AS.-lst,Bs. g KH)

IIS
Now aasentod. 4s..
•3B
No prices Friday tbeae are latest quotations made this week.

•111
•

1311,

86
»96

'87-89

11214

2d, 38, 1980
66
Nashv. A Deo.- l8t,78.. 123
8.AN Ala.— 8.f.«s.l910
LonUT. C. 4 L.—«s. 1 931
1021 1021V
Trust bonds, Ob, 1922.

A W.^lst.Ba, 1919

Land grnnt8,78,

SInkingfunil, 88, '93..
Reg., 8s, LsaS
Coflateral Trust, 6b...
Do
68, 1907

1201.^

E. It. AN.— 1st, 68, 1919 113
1041, ibi'is
General. Cs, 1930
Pensacula Dlv.— 6a,l 920 •86
St, L. DlT.-lst,68,1921

Pens. AAt.-lst.ns, gold

137

...

». Y. Lsok.A W.-l8t.6e 130

101

10-40, 6s. 19'24

1331,

143
116

123
123

.

139

If (Ms i Xsaex— lBt,7a
ad,Ts, 1891

.-181,68,1930

104 M

il3'(

24,68.1930

il4>.j!ll6>s

•ir.Bllig.AN.Y.— l8t,78

Conalnictlon, 6s

N.O.AMob

L.Erie
....

1931....

N.Y.li.AM.B.-lelc.gSs

'.'.'i;

.t T(.l.- Ist, 58
<ii-n. .M |,..i.i, lis '904..
Del. L. A w .— 7e.i(.«»..'92
ill>»tgegp.78, 191)7..

,58,

N.Y.A M.B'h-l8t,7a.'97

1

Col.H \«:

123 1(1

103

IIU.— lst,7a,'98

J.oviisv.AN,-Cona.7s,'98 120
Ceclllan Br'cb, -78,1907 113

Chlo.*W.lnd.-l8t,B.t.,6pl
aen'lniort..6«, 1932 ... iio"
CHIO. A St.L.-l8t,i;a,181.'.
C»lHtUrr.n.-l8t,68.191l)

1st, con..gnsr., 78

l8l.

IsF, consol..

120
133 15
130
119
lis

Wis— ln.tia,

1B34.

Consdl., reg., 2a. 78...

MahonlnKCoal]l,.-lst,6s

Long

80
80

St.L.K.C.AN.— H.e.7s 113
Omaha Dlv.— Ist. 78. 101
76
Clar'da Br.— 68.1919

Ii

I

80

.

Dlv.— Os. 1921.
Detroit Dlv.— 68, 1921..
Cairo Dlv.— Bs, 1931
Wabaah-Mort., 78,1909
ToLA \V.— l8t,ext., 78

'

'

79
30

Ind'polls

i

'

110"8
•81

A. a G.T.— l8t,6s,g. 103
Tex. A N. 0.— 1st, 7s,19l)5
Sabine Dlv. -l8t,69,1912 107 108
93 H 93%
Va.Mirt.— M.inc, 68,1<J27
Wab.st.L. A Pac— G en.,6s
fiO
ea
Trust Co. receipts
90
Chic. Dlv.— 08, 1910....
73 >»
Hav. Div.-68,1910

Tola

-

MII.A Mad.-lst.68,1906 116
Ott.C. F.Afit.P.-l8t,6a 109 ^
Kmth.lll.-lst .",8.1910. 109 1.
C.C.C.AInd'8— lBl,7s,sJd.

111
117

ibii"

Trust Co. receipts

[I

St. P^-l8t,78,'87
2d, 78, 11107

108=4

1151,

BcUov.A So. III.— let, 8s
Bellev.ACar.-l8t,68, 92. 107>!illl3
St.P.Mlnn.A Man.— l8t,7s' 111>«J112'«
120Ti.l2a
20.68,1909
I'.iU'lJ
Dakota Ext.— 68, 191 0.
121 >a 122
1033
Istcousol., 68, cp.,

;

Win.*

60
108

.

N.Y.P A O.— Pr.rn,68,'95

N.y.C.&N.-Gen., 68,1910

96 ^
N.Y.C.ASt.L.-l8t68l921
06% 96 H
Trust Co. receipts
75
2d.6s, 1923
84I2 861, N.Y.Ont.AW.-lst.g., g,
ibsi^ 108',
Ft.W.& l)en.C.-lat,68...
81
821,
Gal.Har. A S.Ant.— l8t,6e *115 1116'.. iN.Y.Suaq AW.-l8t,68t
Ezt.A Col., 68,1934... llOHil..
•60
115
Debenture, 68, lS97t
2(1,78,1905
Keok. « DcsM.-lst.Ss Ill >..
98
Midland of N.J.— 1st, Os 107 1, 107
West. Dlv.- lst,5s....
Cent, of N. J.— l8t,78. '90 lll=sllll-(.
!ll8
N.Y.N.H.&H.-lst,rg.,48 110 112
2d, 68, 1931
l8t,con8.n88ent.7a, 1899
Gr'nBayW.ASt.P.- l8t,6B ibe' 107'.; N.Par— G,l,gr..lat,(p.,68 116 III8S4
Conv., a»fpntefl,78.1902 118 '119
Begistcred, Oa, 1921.... •1161-jl
AiyuMniPiit, "8, IIIOH... 1061, 107 « Gulf Col.A S.Fe.— 78,1909 128K 124'..
1043,ll05
101 !«
86 H, 88 K.
Gold, 68, 1923..
Gen., 2d. gold, Bs, 1933. 101
CoiiT. dcl'ent., Bs, 1908.
James Itlv.Val.— let, Bs 106i--(106»,l
Han. A st.J.— Con.ts,1911 123ivl
l/eb.*W.B.— C'on.g'il.os. 113 114
106».:
99
llend.Biidge Co.— 1st, 6a. 110', 112V No. Pac.Ter.Co.— lst.g.,6s
Ani.D'k* Imp.— 58,1921
64
641..,
1st M.L.,78l 1121-j 113
H.A ex
N.O. Pac.~l»t,6s.g., 111201
Chic. Mil. A St. P.—
1041..
11218!
ISO'.
Dlv.,
Western
Noif.A
W'-Gen.,
68,1931
P.
1898
1st,
7st
1).,
iBt. 88,
107
Ist, Waco A No., 78i .
7 8108, P. D., 1898. 127 >2 129
New River- l8t,Bs,1932 109 11113,
891^ 91
98
09>(i
2d. conao..,ninin line, 88
Imp. A Kxt.— 68, 1934..
fd.
St, 78, *K., R. D., 1902.
98I3I10O
64
General. 68, 1921
Adjuatnil. M.— 7a, 1924,
Bt,I.aC. l»lv.,7s,l«93. iifiH i-iiiv
134 "s Hous.K.AW.Tex.- lBt,78
Ist, I. A M., 78,1897...
(Jftd.A LnkeCh.— Ist.Os.. 104
118
lll.Cen.— Istg. Is, 1951... 107
lst,I. <1^ D.. 78, 1899....
olilo 't Mj^".— r'ons. a.f.
1003, 101
120 I12I
Gold. Si-js, 1951
lst,C. <t M.. 78, 1908... -132
Coi:
.'7sl89S
110
Spd.Dlv-Cn.Os. 1898.. 118
Consol. "8, 1905
.1,78,1011
2(1
Mlddleniv.-Keg.,68... 112 Hi
lst,78,I.AD.Elt.,1908 '131 )133
l)iv., 78
Isi
lst,f<.W.I>|v.,88.ill09. 119H!|
93
C.titL.AN.O.— 'ren.1.,78 120
1st,,.,
...S 19.S2..,
1'20
Jet.58,I.aC.cSD»T.lHl!t 'lOS
1st, consol., 7s, 1897.
Ohiobo:— Isl, Bs, 1021 .., 10311, 104
8t,!<.Mlnn.nir.,C».1910 119 "-J
2d.0»,1907
Oieg'nACal.- l8t,6B.1921
1181,
127 "v
Ist.H.A 1)..78,1'.>10...
Gold, 58,1051
Or.ATran8c'l-6s,'f 2,1922 102 '4 102».
122
92 >,
Dub. A 8 C.-2d D1t.,7i
Cble.A P»c.I)|v.,6b. 191 n
IjOrepon Imp. Co.— lat, 68.
l»t,Chlc..tP.W. ,5s, 11121. 108 V lUM-V
112
Ced.F. *Mlnn.-lst,7a
116>i|loreg'nUU ANav.- lBt,B8.
10BH;;i07s, Ind.Bl.AW.-lat, pref.,7 108
Wlli'l Pt, Mv.,58, mill
Debenture, 7a. 1887
'
"95
li|v..ri»,1021 lOU"..951-^
106 107
r
l8t, 5.68, 1909.
Consol.. .'.8,1025
1(17
i'n,(
0.1 ,; n<, \at\(\
V
!iiv..fj8,U»2l 107
71
2d,n.0s,
1909
74
Panama- fi.f..sub.6B,1910
•93
94
1914
T
Eastern Dlv.— 6s, 1921
115'.!
Peoria Dee. A Ev.— Ist.Os
ij
1-;
:-.^,ABan.,'24
Inilinnap.D.ASpr— l8l,78
106
Evans. I)iv.—lBt,6B.1920 110 Ill
west.
Chlr,
ilnt.A lit. No.— lBt,fls,gold 1181.,
Peoria A Pek. U'n— lst,6s 110 118
91 iv: PacWc KB
Coupon, 68, 1909
Cm 1..I. 1.. iMls.78. 1918. 144 146
135
681.;
.1.1,78,1002..
Com
Ken.Ceilt.— Stuijid.4.p.c
Cen. Pac —Gold. 6s.
|S86'4 KnoXv.AO.-lKl,B8,1925 101
BeglBfil.goIrt " ,1902.
112
1011(1
San Joaquin Br.—
il'20
lilill
Blukliigfiiiiil.K
Lake Hhore A Mlch.So.
Cal. A Oregon— I st, 68 101
lll'eillVj
Oli-vc. P. A A., 78
'117Hi
CaLAOr— Ser. B.,6s. 104
tlnklUK fund, fia.l ,.211
lnk'gl.l.,.lcl....'..'.i;i:t:<
llOH..'
niitt.AKlii'-New bda,78
129
Land grant bonds, 6s. 104 la
|10»
Kal.AW. Pigeon— 1st.. -lOS
S5 vein «.l.-l ..;•.«. 1 '.Ml'..
West. Pac— Bonds. 6s.. 115
.s.- Isl.ils 113
Esrali:.! :..v
Det.M.AT.-lal,78.190l) 120
No.R'war (Cal.)— lst,66 115
lsl,7»'l»5
De8M..V.MIii'iii..
I-Ske shore— Dlv. bonds 124-,
Bo. Pac. of Cal — 1 st, 68. no's Ill's
Iowa»lldlaii(l-l»t. 8b..,*1»6
187'a
Consol., coup., 1 8t, 7s. 128lill31
So. Pac. of Arl J.— I st, 68 1021,
Peninsula— 1 at. conT.,78
Consol., teg., lat, 7b.. 12SV
8o.Pac.ofN.Mex.-l6t,68 101 »,
Chlc.A.MIlw'kee- lat.78:'123i.j
1247,
Consol., coup., 2d, 7s.. 124
Union Pacillc- Ist. 6b.. 115», 1161,
1;

106

2d, 78,1897

N.y.A N. EngI'd— l6t, 7s.
H.— 1 6t, cons., 08 i'iK 118" lst,68, 1905.

'I

10-2

liei* 117»4

116
iia
103
124
103
N. y. Central— 68, 1887
Cairo A Fulton- Ist, 7a. 108
1051, 106 <.
113
Deb. certa.,ext(l. os ...
Cairo Ark, A T.— Ist. 7a 116
1161,
Gen.r'y Al.gr.- 68,1931 •95
N.y.C.t- H.— l.st, cp., 7p 135
lliO
109=all0
St.L.AIton A T.H.— l8t,7s 115
Eeb.,58, 1904
113
Harlem— list, Ts, coup.. 1343i,134i2 2d, picf.. 7s, 1894....
N.Y. Elev.— 1st, 78, 1906 125
2d. income, 7a, 1894
1063, Nash.Chat.ASt.L.— lst,78
137 \
2d, Be, 1901

112
Jit. Vein'n-lst, 68.1923 110
110
KTaiia.A-Indpa.— Ist cons
FI'tA P.Marq.— M.08,1 920 lii"

,

iio'

101

"77'
79
Rich.ADanv.— Con9.,g.,6s 113" 118
114
Debenture Bs, 1927..--

BulI.&S.W.-M.«8,1908

Et a

sinking fund. 4b, 1919 lOlHi..
Tfuver 1j1t.-4s, 1922. 100 ..
lOiili..
...
Plain 4s, 1921
..
C.K.I. & P.-68, cp., 1917. 132

20,78,1898

Atl.ACh.-lst,nr.,78,'9';
ibs'i-j

A Cairo— 48, guar.
Morgan's La. AT.— 1st, Bs

Bs,

1.19

St.L.V.AT.H.— l8t,g.,78 112"

Rome W. A

107 1'
116

1927

Extension,

liO'i

137
30,78,1912
Clov. A P.— Cons 8 fd„7e 130
108
4th, 8. f., 6s, 1892
2d, guar., 7s, 1898....
R'y— 6sof 1932.
Pltts.Cleve.ATol.- Ist.Ba 103
Pitts.McK. A y.— Ist.Oa.

Collateraltrnst,6s,1892
Ist,

105

lOIis Pine C'k

95
102
95
82
11521 116

W

Ex June, 1886, coup..
Collafltrust, 08,1922

186

126

1061(1

.

Reorg.,l8tllen,68,1908

1st, glial. 1584), 7s,'94
2d,(3liO),7», l»08...2d,«lla^. (1»H),7b,'98

iseia

I

2d, extended. 08, 1919.. •115
3d, extended, 4^,8, 1923. 111
4th, extended, 6b, 1920. 112

Chea.o:*S.W.-M 5.68.
CWc. * Alton— lBt,7a,'93 123
einklDi!Juna,68. 190S.

-.lIles.E.BrVe- Ist.B.f.BK

118
119

.-I

'86
Ex cp.9 to 12, Tr. rec. '105
Divisional 58, 1930

801.J

*98'

Chlc.Biirl. * Q.-Cons 7s
£s, sinking fund, 1901..
es, debentures, 1913. ..
la. DlT.-8.fd., 58,1919

llS^Je

141
120

EIlz.C.AN.— S.t.deb.,f.,e8 "48
"a
iBt, Ua, 1020
109
Ellz.Lei. A BlgSnnd3--68
7334 Erie— l8t, extended, 7b... 125 ig

72

102 >»

1884-1913

.

106 Is
92 Hi
111

70
119
lbs" 109

'

C—

;Mll.I..8.AW.-lBt,68,102]

!124

BR.—

Pa.Co.'8giiar.4 138,1 st.cp
Pa. Co.'84iL>.s,reg„1921.
Pitt8.C,ASt.L.-l8t,c..79
Pitta. Ft.W.A
l8t,78
2d, 7s, 1912.

Mich. I)iT.—let,6B, 1924
-A shl'dDlr.-l 81.68,1926
Mil.n.ASt.L.— l8t/7B,192'
108i4l08'ei Iowa Ext.-l6t, 78, 1909 124
821.J
2d, 78,1801
79
78
S'lhw.Ext.— lht,78.]910
78
Pao. Ext.— 1st, 88, 1921
Ist.Cs
DetMaok.iMara.38
"so'
Imp. A Kquip,— 68.1922
Land grant, 3 Hts, P. A
109
Minn. A N.W.-l st,58.gld. 1001-2
Det. Bay C.& Alp.— Ist.Cs
Mo.K.A
T.— Genl.,6e,1920 941-j
900
1
sl,76.1
E.T.Va. <t G.—
811,
96
General, 6a, 1920
let, cons., 5s, Tniat rcc

BnH. K. Y.

PennBylvanla

6s,

—

A P.—Cons.6s "ii"
General, 68, 1924

129 i-j 181

123
1909
llOij
Conp, 5e,1931
Jack.Lan.A Sag.- 6a,'91
Mllw, A Ko.-l8t, 68, 1910

120
l8t,Pa. r>lv.,cp.,7s,1917 140
1st, Pan. Dlv., reg.,1917
78,

SECCBITIES.

Ask.

SECURITIES.

Ask.

Bid.

—

Jd. 68,

60 ig

1914

121i« 124

119

112>5 113V! Mlch.Cent.— Cor8.7B,1902
118
Consol., 5b, 1902

A«ch.T.«S.Fe-4'o.H.1920
SinkinK Fund. 6s, 1911
844 85% Alb. A Susq.— l8t, 7'i...
Atl.*Psc.-lst,Ba,1910.
l8t,con8.,gnar.7»,190b
Baltimore * Ohio123^1
l8t,cous.,guor.68,1906
1919
Br.,
Park.
lBt.6«,
113i^ll4<«
Kens. & Sar.- 1 Bt, cp.,78
......
6«. 801(1,1926
Denv.&BloGr.-lst,,7s..
Bur. C. nap.A NO.-lst^Bc 109 107
Ist, consol, 78, 1910....
Cousol. * col.tr.,6s,1984
Tru Bt Co. reteiptB
II lnn.it st.L.— lst,7i>,«rn
iim Den.So.Pk.* Pac— lst,7B
la. City * west.-l »t,7Ki 113"a
Den. 4 UloG.West lst,«s
C.Ksp.I.F.AN.— lst,0s 110

Coni.ol.. l8t. ea,

Beriea,

C'mp'mlBe.3-4.B.6a,1912

Vlrgiula— 68, old
6s, new, 1866
6b, consol. bonds
68, ex-matnred coupon.
6s, consol.. 2d series

96

BBCTJBITIES.

Coupon,

(Stock ETChanat ITicti.)

Ko.

new

11

MAlIiKOAP BOW US.

BECUBITIE8.

1

,

M

,'.

I

Coupons

off.

.

.

July

THE chronicle;

10, 1888.

New York
B>Bh

fl(«ek

f

.

Local Secarltles.

Qnotations ia Boston, Philadelphia and Baltimore.

laaarmnee St*ek LUi.
(Pi1«M br K. 8. BaUejr, 6>a Pla»

UM.

45

8KCT7RITIX8.

St.]

aECCTRITtBS.

BO!«TO!l.
At«h.A Topek»-lit,Tt. 187
lAodKraat, 7*
lS«>a'..__
OaanuiUed. 7a

Bid.

**'"'* t'ap-t'oiitinoed
couiiol.. 6a, 1813
Boir. N.Y..» Phil
lat,av
«J, 7«, 1908

I

108

Ptaia, 6s ...«
B8>»
ODiu.es,1931
U'ltiifun, 6«
lO?",! .-..
I«t,Tr. 8», 1923
MortMn, 4>a«
I01>«101\' Bair.P!tU.a W.-Oaii.,8ii
Trmt. ««
;o»
Cam. Amboy—«a, o.,'8»
Bar.*><o.lDNe{i.-Kx't,6a' 133 |...~.l
Mart., 61.1939
»..' tl0«t>«
6fl aon-ezeinpt
Cam. Atl.— lat,7a,ff.,'93
.

I

A
a

i

I

no

4«

I

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I

.

Laa4 (Taat,7*

I

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Cooa. Venaont, 5«
Chio. Barl.* No.— 5*
Sa.
Chia. K. C.

iz;:
silOJJ, 104*. loonnaol'n 6a.cp..l»(».04
I

t

* WMCn—

103^

K. O. Mtt SMtt * 0.-T> 119
K.0i«rt««T.*8*.-6a.. (
KOnret-Ja^AO. B.-T* 137 <
OWr "P'd * M«m.-«« 10H\
R.

« FlV—7«

OnL-ins,

Mar. H..t

.
(

Maxleaa Oantral—4 • .

XTip
0» '...

185

1

«•.

UUla

133
121

IDal.* BoonA Bt.—Ut,7» 133
i--^- Baat Pann.— 1 at, 7s, 1888 IU4

M
new..
—
fni, Mh*.—
rMa.nk ll.AMo.v^*.. 136
C
V.C. diD^ AKprlact.-H

107S 108 S

1B04
T^._,.
Oona., Sp.
^..
0»t»wl«a-l*t.7a,aon.
8rt,6a.

liO

baConaAmb'y—6a, 1930
KLa Wiasp't-rat,«s, 1910

no
no

parpelnal
HarTl*b'«-lst.Sa, 1883..

H

aB.T.-lst,7B,K..18S0 iis"
Cona. 6b, 1896
97
Ithaeaa A th.— 1 at. nM. ,7a

lOd

.....

1:5
118
110

Ss,

lis

98

Leb.V.— lat,6a,C.ail..'9U iiT

n5<i'

14SS

3<l,7s, ra<.,1910

51-1 37 V Oona. «*, C'.A R., 1933..
1*6 >
V. O. Paa.-Ist, as, 1930.
40 .f.!. No. P8Bn.-3c1, 7s. op.'Oa,
3<.'
aiin.,7s, 1903
(183
180
Debentaraas, r«K

si"
137S

I

%

lia >i« wi
««^ Norfolk a Waal Oen..ea I'n"
rS3a«
10a.
I,
ir.Max.a aa.Pae.-7*
M. R. DlT.,lat. 68.1933 nu
M. Y. A X. KaclaQd-7a.. i>s\
N. Y. Phil.* .Nor.-lat. 6* no ills
US'*
lU
81
Ino.,es,I9:<3

M(.«a.

....

CDMaub.*

I

no

.^

I^OIi.-«a
Oaaanll>tala«aa

raaMa * A ilu'viiL-'ral'
BalUMl-lM aa.....-Ta
aaiaOaat

lataw.

OU Crank— Ist. tfa, oonp..
I

;.'.".

104 \i

34N

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104 \ 106

n

106
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105
IIS

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iairi.'sana
>>• Mtr i.iM too
lSJu'*l».1M 7«
•

aertp
Paapta'a(BklTB.)

taa.Cliy PVB. auuit.

Pr«r«rr«4
Kan. C. Hpnaat. * Maw.
Uiti* K^k * rv Amltfe.

,;o»

75

Pratovao... ..*•—••••••*

5aaaaa*Lo«riO
.Y.aNawBacland...

Mar I.*** tot |lO«
S.lpr.OlMlaO
Apr.te.-aaiM u»"
i«M iia U6
t
S ialT l.'*a H4
IMM
l»> no
*>H
• (Apr.JO.'W UJI Its
•
IM«
10*
10*
*VApr. 1,-MlU IM
«
tNM me lis
t<i

H^Zmaba/j.V"."!!

KaSTaiiiS^J:
NbM
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100

i^em

B*way

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CIV—» look.
IHaart...
Bkln.1

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«
^

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Baak«rkAT.(iii
Oastial oraaat..

!

laVBort
OaBt.rk.9r.* K. Kit .^u
OoaaoL aaon. baarta . . . .

I

oattaryh raiotaat-attt

•a4<

-

DirOk.r

J

•00,000 J. a J.
700.000 J. a J.
3.100,000 U.-J.
t,s«o,oooj.ai>.
too.noo J. A J.
i.MM.ooa J. a J.
1.000,021 J.

a,

;n

'Jay, 1884 no
ian.. 11)03 lo«
Apr., taw 160

mo

ijaa'aoS

J^ri

7

l<i;uly,l.S-i6

loac-.KKW 126'

is Mar. I'jHt,
*.A~0. JlVak. 189X
_

^.iww
"V.l

inaa,
t»ii

-VJ
r.iii

.

1.1.}

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133

110

ns'
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'lis
107
1

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10

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11:1

I

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I

117

40

la«

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,

18*

130

16

18

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liii)'

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55

a-i

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n«
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113

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106

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;

— V. |3>aiXa/,
"^&&t\t --'7 May,

.^1

'M

.',10

310

110

!ll6
|300
lis
1340

in
^30

W. Jar«*'-Ut, 6a. op.,'96

138
116

WJar*^Ati.-lat,8«,0. 1U8

1S8S Waalam Pann.-8*, ooap.
B.,

1888

J

07

in

CAMAL BOlfOA.
MS SOS Ohaa. a D•l.-Ia^6s.lS88
8a,n><..'84

lYa"

PHII.ADai.PlilA
RAILRiJAO HT<K;Ka,t

* Phil...
* AUaaUa

113
iii
NaT.—
Mart. RR., ng., 1867 .. 118
... 7*.r««.,i9n
fV, lev, *•'•• -•••i ^??
yiT.-Ua,ep..l9lO..' 85,
14>S
aohnylk. Nbt.— lat,6*,r(. !103S
67 S
SdTBa. ra«.. 1907

»S

Latilah

BAE.TIMORB,

8S

BaValo N.V.

8S

Pr«farT«d

Atlanta

a Char lotto...

alUmore * Ohio

45

100 150

165

133

135
i27"
68
6
60
160
ParkersburK Ur
Oatawaie* Boaad Brook
45 S «8
50
Central Oh k>-Com
Baat PanaKylvaala
43
Prof
Blalra * wuilaaaport.
•3
10 S 13
60
Woaiem Marylsoil
fn a Broad Top IV lOS RAILROAD BONOS,
Cbarl.—
lal...
184
38
*
la
Allan
"68'
108 S
Inc
Lt/Utti Vallay.
loe
flalilm<ire * Ohio—ts..
Prarerrad
61
UlUaitcliaylklll
Can. Ohla.-8*, l*t,M.*H. lous
IWv
IISS
88
CharLOol.a Aa(.— 1st.
Mlnshlll * Arb. Haraa..
113
66
3d
Baaaaaboiuac Vallay...
lata. lu-lS loss
78
OIB. Waah. a Bait
•ariSacB Caalral
77*
OU
67 S
3da
Baith PennaylTaola....
35 >; 86
63 S sJs
Sds
Paanaylraoia
a;s
lat Inc., 6*, 1931. ..,-.PhlladBlphlaA Krta
1*U
I'lTs
130
Ooloabla* Uraaur.—
Pliilik. Dnr. * Nnrrlaunra
lOOS lOlS
3d*
Phlla. N«irt«irs * N.Y.
"iis 13S So. Central-t S*. J- * JPhils.* RsadlBC
ii's
63
u6
a*. 1900, A.ao
Phlla. Wllm.* Bait
6*, cold. 19U0, J,*J.... 133
Callad N. J.Uompanlsa.. 331
llOS
57
5*, Berle* A
Wakt,l«raey

Mar.lMa

Ivv l^ooTofM)! r.A A.

aMM.Maafe.A

•N 7
Warran a P.-l*t, 7*. le loss 106"
Vis Vis Wa*t C*<«st«r..CoB*. 7s. 118
lis

100
INO
110

fau..

1*

8l>S

Caiawlaaa— l*t prafarrad

^L^'
n.

ib7S

Oaltad If. J.-(;ona.8a.'94
Oona. 8*, (Old, 1901....
Oona. 8*, gold, 1908
104 S.
Ooa., 4*, "Old, 1983

ta

•7

131

7*.

iiis

SSiooS

ioQM
ggWc

* Brie— 1*1,

a Paa-lst, a*,1905
Caaael.,aa, 1805

135

pTOtrrrad

IMl
IMS

Minbary

Oon.. 7*, coop.. 1901....

Oaadan
1»1|

1U3S 108S

3»S UnloB a TtloaT.- lot, 7*

Woreaatar Naah'a* loeh

M
MX

99

H.4fl

1

119
IS>M 105
1«0
I.V)
INl.uljr.iSm leo liw
• ,.'«oT..ii>n 115 ]I30

,j&

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WHlp.
•aaabr:

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.

a J.

S^illa
W[OPi J.4IJ.

•

B«Tlp

r

Bank. Has. * W.-lst, 6s 108
lOlS
ad, 8a, 1938
gyr.Oaa.a Oem.— 1st, 7s.
1%i.

•7

ias
Brokv, 14S Braadwar.]

Mooo^ax.
1

1,1

-

lit mot-

litaatt

X^

53 S
68

134
83
B.-7*.q>.
HhatnoklnV.* Potta.-7* 131

0*.P.

I

U oaurr.

1.000
aartoea bda.(iiar. 1.000

»"'*

a

lat,7a,1899
Ooaa.8a,1909

I

issj

4a,tr.ot

askL.— 7*..

Pitta. ClD.
Pttt*. TIIUB.

MS
CO

* stout City
iipnnsr
Kaa. O- CUb. * llpnn|tr«

lawa PalU

MalaaOntrml

IHialrlO/M
I

Mfk.

>*

C, 1898..

Defarreal laconMi, rp...

M>ri.-a«tii

.

Oraiaaa- Oaa.tZ(lkl]
Udklra)

MSDrt

138 S
106

Coar.^a. op.off, JaB.,>85

UUS

latBHWt.

137 S

,„.-

Dabantnra oonp.. 18981

•AS ooMPAirii

latB
Bfdwar a 7Ui A T

108%

..

faooma, 7a. ooup., liMMt
Ooar. Adj. Mortp, 86-«8
Ooa*. 5*. l*t •ar.,0., 1933
Oona. 6a, 3d •er.,0., 1833

•0

IM
IMO

—

R-0.1911

88
>6

138

BTaaar •tAran.p.-aikt

1.13

lam n«s

Imp., e*,(., oonp., 1897
" - 1908

••••i

Omm ua Oltr BaUrM4
«MiaM kr Oao. *. namnm « oe. Bfakan, 4> WaU

|<)noutlooa b; B.

reK.,

Oona^7a, ooap^ 1911

.

'

119S

lat,aa,l9in..

ooap.*

Oooa.,7a,ia«., >i*ll

Kaarn lUlaai* ...
CMiwBarl.a Manh'a.... 77 V
~ a Waa4 maawaa..
iaa4aakT A cnaray 'liVi

140

1:3

latmart.,4Sa. cp..l910
S4, 7a.

CaaiTal o( Itaaaachaaatu

luu

ms

ii'i'l
126 si

P«fklora«D— 1st, •s,ep.'87 :ai
Phil *Krt«— l*t,7s,cp.'88 106
Cona., 6*. 1930
114
Con*., 6s, ItM
Phlla. A«wt.a If.Y.— la<

CUIIaT^a naatbani
100 IM
I* L«Mh«'
lof ir*« Vorf 100 IM

{106
186

Coaa.,6a.rac., 1906....
Cona., fla, oonp., 1905...
Cons., 6*. raa., 1910
Pa. a N. Y. 0.-7S. 1896
7 1906

1137
Jll3

f&

Pannaytr.—0«n..6a, rif.
OaB.,Sa,op., ISIO

••SIlS

td prafrrrad

—

—

'

WaatJaraey

*

Bait.

* >).K.

6a,HHrloa B
PIttab.aCon'ella.— 7sJAJ

Atlantlo..

CANAL HTOUKH.
60
LabKb NsTlaatlon
Sobarlklll NaT., pral...
KAlLKOAb IIOND8
Allaiib. Val.-7 3.10a, 13 l3n
no
7a, K. axt., 1910
10
Ino. 7a, and., oonp., t4
8We-<'arta.

in

60

107

1006

•Bs>dlTld«ad.

I

Par iluia.

ti

i38'

Onion RK.-lst,raa.J*J
Canton pti-lorAoa
VIrKlula
8a

* Tann.— 6» ....

W.Mil.— 6a, l*t,(.,J.aj. 100

ins

Balrtd'a Dal.-lat,aa.l903 117
101 s
6*, 1887
M,
n'. U'ap-lat, 7*, 1898. IIHS 118
Bali'*
1*4, 8*.

TMa aalaaa saava laal dl 'l^aaa aa itatk*, bat data ol aatanty af koa«

1*1 prat.
3d prat

I.-..

I

A

J
3'l.rrer.. J.
8d,i o»r.byW.Oo.,J.*J.

i(aar.,J.*J
Wllm. O. *>;»«.—8*
6*.

Wll.

iid,

* Watdun—0*. ...».

100

ISO

.„11»S

7a.

la Oateilt,

I

Last pHoa this waak.

.

THE CHRONICLE.

46

New York

BAILBOAD EASNINeS.
LaUtl Baming* ReporUd,

Boas*.

Week or Mo

1886.

Mar

Ateh.T.Jk8.F..

1885.

f

•

S

;

Oaatial Iowa,

4th -wkJ'ne
A Obto Ma}1.4B.8. May

w
OhtoTBul. A Q
Kant.
.

o.

a

A

May..

0.

291.000
23.209
807.293
63.128
113.6!i2

Alton Utb WkJ'ne

to Z«te«f Date.

1886.

A|irll...

CaaadlanPaeUlc ithwkj'ne

Jan. 1

1885.

1,198.173 1,184.080
84.2AH
23,395
110.877 106,098
Bait. APotaiDM-,Ma>
65.100
66,300
BnffJf.T.A rbU.'4tl.wkJ-oe
26.307
31.876
Bnir. Rorh. APltt I h wk J'ne
Bnr.CM.R.4Nt.. ad wk J'ne
48.705
53.342

SoDOm

p.

.

225.000
20,733
247,112
49.029
112.788
143.033

5,688,614
96,486
521.464
l,l'-9,"77

508.208
1.197.247

6,008.486
104.774
551.586
1,080.443
f>54.311

1.343,145
4,1.^7.419 3,352.827
567,301
594.580
1.497.019 1,31«,H'.»3
263.247
326.0641
688.2t;4
607.6631
3.405.558 3,638,036
9,374.827 10.380.483

147.006
|M<.y...
1.981.677 2,081.904
31..'->24
111. 4tti wkJ'ne
dite. A
742.400
25.398
78.^,633
6.-><».000
Chte.Mll.ABt.r. 4tbwliJ'u<
573.623 10.639,000 10,611,9,^8
674.200 665,000 10,835.849 10.680,289
Chic. 4 Nortliw 4th\rkJ'iie
Ch^Bi.P.Mlu.AO. libwk.rne 153.500 151,200 2,689,446 2.510.871
Chic. A W.MU'b. 4t)inkJ'ne
t>43,ti94
601.902
32.834
35,449
Cbi.Ind.Ht.L.4i('. 4Ih wkJ'ne
56.506
64,776 1,19.5,904 1,149,624
CIn. N. O. A T.P.,»d wk J'ne
55.016
43.581 1.206.168 1,135.041
wk J'ne
Ala. Ot.eontb
19,113
51-2.288
15.071
494.132
6.461
3'29,355
V. on. & N. £ '3d wk J'ne
6,982
282.009
Tloksb. A Mer <d wk J'ue
6.,')87
188.524
5.406
226.074
TU'kB. Bb. A f. aA «k J'ne
5.447
116,2'29
3.822
185.899
Cln.Wiu>b.A Ball 4tb wkJ'ne
44.357
35.16K
834,475
910.216
ClcT.Akrun4iCol :-d wk J'ne
10.689
215,957
10.105
225.609
CleT. A Canton June.
32.983
26,042
160.742
142,867
Clev.Col.C.A Ind May ..
284.456 251,984 1,458.619 1,336.430
CoL HiMk.V.AT. Mi.y..
174.930 167.941
866.581
879.059
I>anl>ui-}r * Nor 'Mav.
18.239
15.982
80.406
76,304
Denv. A Klu Gr UtbwkJ'ne 190.317 157.608 2,884.813 2,73'2,438
DenT. AR. O.W.'May
78.945
78.445
365,038
342,117
Dea. Mo. A Ft.I). 3d wk J'ne
5,653
6.744
145.964
162,047
DetXans'gA No. 4th wkj'no
31.(i01
33.718
553,846
562,584
K.Teiui.Va.AGa. May.
284.1.52
276.871 1,570.969 1,617.749
Branav. A T. B.i4tli wkj'no
14.352
14.r>26
329,030
338.334
nnt A P. H«rq. :id wk J'ue 37.225 34.655 1,022.717 881,478
Ft.W<inbAl).C'} May
31.869
42.343
140,231
152,780
eraiid Trunk.
Wkjune26 334.023 289.917 7.437.873 6,833,637
enltCol. AS.Pc. May
153,489 116.103
472.878
746.874
IILCent.(ni.&8o) 3d wk J'ne 198.600 196.745 4,515,711 4,977,086
OedarF AMln. -dwk J'ne
3.300
71.812
54.520
2.428
Dnb.ABlonx C.|3d wk J'ue
19.300
38ii,058
19.980
392.576
la. Fails A S.r.ad wk J'ue
13,400
13.99'
268.706
273.498
Tot. lowuUoei-!. d wkJ'ne
36.000
36.405
733,093
714,076
Total all Une«. 3d wk J'ne 234,600 233.160 5.248.805 5,691,163
Ind. Blooui.A W.i 4th WkJ'ne
43,951
41.786 1,130,998 1,061.'221
Ind. Dee A Hpr jjiiue
28,775
24.153
180,619
152.3«3
B.C.Ft.B.AOnlf, 3d wk J'ne
36,084
40,851 1,112,588 1.184.306
Kan. C.Sp. AM. 3d wk J'ne
28.276
21,605
659,547
797,666
Kan. C. (1. A b)> 3il wk J'ne
4.238
98,768
L.Rk.AFt.Bniitli May
44.488
31,909
229,143!
213,328
LRkAM.R Ttx M»y.
24,499
19.132
136,011
1'27,431
LouK iHluiid
jl^twkJ'ly 116,605 105.912 1,343,086 1,275,356
Lountr.A Nii«hv. itbwk J'ne 341,250 315.262 6,298,046 6,834,858
Maine Ceuttal April
243.285 233.021
860,011
823,504
llar.UoiiKh.AG 3d WkJ'ne
32.209
29.653
331,183
245,016
Mem. A C'b»rie«.| Anril
96.287
98.994
432,856
450,759
*Mexlrai] (ent'l.'4tli wkJ'ne
79.100
67.351 1,841,840 1,880.496
*Mex.N.,all liue»iMay..
157.173 134,975
701.590
667,442
Mll.I-.Bh.AWest.'lstwk J'ly
45.0S0
23.635
972.868
589.288
Mllwaukei A N0|4lhwk J'ne
14.905
14.435
291,667
273.977
Mtnn'ap. A 8t.L.I Apill...
110,519 151,255
447,618
551.192
Mins.ANo.Wem. June...
38,075
Mobile A Ohio. Ijnne...
117.688 108.785
839.580
916.997
Vaeb.Cb. A8t.L. May
172.330 167.495
902.663
879.518
JN.Y.C.AH.R. .June...
2,599.833 1,972,914 14,848.200 11,565,856
Y. City A No
July 3
13,177
1(1,219
2.57.'2,50
200,636
H.Y.L.£rieAW..;May
1.601,735 1,230,857 6.986,974 5,891,968
M. Y.Pa. A 0.[May
514,915 368,760 2,327,30' 1,932,717
H.Y. ANew KuK.iMay.
303,314 260.305 1,477,839 1,242,858
»N.Y.Ont.AW jlihwkj'ne
42,390
32,863
572.767
545,156
.Y.Bui<i).A West May...
87.204
85,294
419.731
405,894
Borfolk A WeHl June..
201.844 170,459 1.423,107 1,215,722
Kortliem rent'l iMay...
447.236 454.917 2.149.861 2,181,552
Hortlieni Pa<'ltle}juue..
1,045.547 1,012,507 4.955.448 4,106.430
Oblo A Minn
Aiijll ..
270.19*1
288,964 1,124,567 1,198,734
Oblo Bouthem '.luue...
33.600
226.,58'-'
26,876
201,776
Oregon hup. Co. May...
204.U63 239.316
9fi7.73ii
1,130,585
Otttfi. R. A .v. C^). June ..
491.500 382.7821 2.2m).84.'i 1,824,7,56
Oregon Bhon L.iAprll..
193.401
I4(i.7!)3l
583.00:
455,482
PeunsylvauiH. |May ..
4,178.58" 3,890.409:i8.!'14,063 17,583.9.55
Peoria DecAEr. 41 h wkJ'ne
10.221
16,307
332,941
328,490
Phlla.AEi1e... May
326.684
274,860 1,33,5, 28 1,212,256
Killa.ABeadint:lMay
2,409,440 2;377,424 10.888,356 10,281,910
Do C. A Iron May. .. 1,305.112 1,267,176 .5.121. '229 .5.316,026
Slohnrd A]>aMV. Juno
266.900 266.294 1,881,651 1,85.5,573
Ck.C«l. AAiu{. June
46.650
42.745
377.436
379.024
OobuoblaAbr. .lane
23,700
80.974
305.724
317,752
OeondaPae.. "«y
47,484
43.883
298.660
259,493
Ta. Midland. June
121,908 118.993
678.308
689,010
W6M.No.Car June
44.028
35.162
239.799
213,725
Ob.
Wat.
A
April ...
t213,H.t9
_^
144.458
609.027
475,150
•t. Jo. A Gd. lai. 4tli WkJ'ne
18.785
16.l;30
544,734
495,143
Bt.L.AltonAT.H ,4tb wkJ'ne
27.686
28.668
56'2,372
673,340
Do Branobeo. 4th WkJ'ne
16.970
15,0 O
324.434
349.787
Bt-I.ABan.Prau. 4tti wkJ'ne 121,807
92;417 2.029.503 1,987,002
SLPaiDA I>nlntb'4tb wkJ'ne
42,434
38.380
5 7.164
469,804
Bt.P.MIii..\ Man. June
471.062 511.615 2.934.816 3,146,918
Ucloto Vnlley
May
46,731
248,),90
South ('arollna. M»y
58,416
58.104
458,591
482.468
Bo.Pac.t^mip'yOaLHar.AB.A April
261.152 233.472
839.902
907,551
O.W.Tex APa<- April
3,751
4,971
16,897
LoulR'a Weet. April
63,166
56,051
205.205
199,764
Monan'a I
April
362,545 321.805 1,412,867 1,293,478
.Y.Tex. AM. April
11.9,59
41,063
Tex. A N. uri. April
92,575
79,345
307.864
299,018
Tot At 8} ateni April
795.148 695.643 2,823.798 2.705.621
Tot. Pac. 8y». Aiiril ...
1.758.525 1,644.617 6,603,614 6.367,089
TM. of all
April
2Ji»3.e78 2.840.260 9,427,41 i 9,072,710
Texaa A PiKitte Mav.
._
449,908 350.140 2.127,018 1.793,948
Trx. a Bt. l.onlf '4th WkJ'ne
20,967
684,934
438,162
VUL AO. Cent .. May
73,401
'291,276
Oalon Paolfl; ..LMay
2.211.448 2.067.528 9,342.266 9,269,135
Wab.8t.U AP. 4tbwkJ'ne 287.351 26-1.834 6,841.968
5,494.3.56
May.
J»>«t Jersey.
104.327
96.06!i
430.259
399.746
Wlix-oniiin»>nt'l'.(d wk j'ne
25.130
26,628
635,292
669,914

M

.

Wk

!

[Vou XLDI.

City Banks.—The foUowing statement showB tb«
Banks of New York City for the

oondition of the ARsociated
week ending July 3, 1886:

Average

Loant and
Discounts.

11.660,000
P.786.000

Manhattan Co....
Merchants'

7,'J2i.7oO

..

Meohanlos'......

Uon.

•

000

93'i.OOO

2S9S.600

1,31U,700
365.000
4,163.300
309,700

1.'.!U.'>.900

804.700

'.J.i'U.t.OOO

City

10.6Ae 6J0

Tradesmen's
Fulton
Chemical
Merchants' Kxch.

A

Greenwich
Leather Mannfrs.
Hevenih WaYd.
State of N. T.
Araerlc'n Exch'ge.
..

6.li2i5.»00

Mercantile

6.740,200

Pacific

..

Republic
.

North America...

3vl.'20O

7,107,200

1,346.600

4,2<iu.noo

819,000
129,400
821,»00
3,40n.400
367.300
633.900
18*,500
426.000
201,100
643.000
673.800
«02,800
322.100
4.1S0.500

9,942.(>00

..

3,005 500
2.«20„<O0
a.6 6.700
8,32A.10O
1,795.300
3.362.000
6.290.900
B.09 1.700
2.051.000
20,a<5.600
20.120.500
l.fOS.OOO
1,238.900

Irving
Citiiens'

Nasaan . „...
Market

....

Nicholas
Shoe A Leather..
St.

Com Exchange ...
Continental
Oriental
Importers'A Trad.

Park
North River
East Blver
Fourth National..

18. 101. '200
8,'.!4«,000

Central National..
Second National..
Ninth National...
First National....

3,201.000
4.9-2 000
18.883,100
6.185.600
1.374,700
2,367.100
a.380.700

Third National ...
N. Y. Nai. Kxch..

Bowery
N. Y. County
Oenuan.-^meric'n,
Chase National...

2.78»,9(I0
3,,'>ol,a00

Avenue
German Exch'nge.

8,573.400
2.4le,600
3,130,100
4,167.700
3.034.000
l,60l,60C
1.3J8,»0C

Fifth

Qermanla

...

Cnlted States
Lincoln
Garfleld
Plfth National. .
B'k of the Metrop..

»,443.9'>0

1.6x1,100
1.864.400
1.610,800

West side
Seaboard
Sixth National....

ToUl

992.000
1.289,400
1,^76.000
1,313.900

31H.000
l,3.t6,000

212.600
164,900
2,638.900
476,200
646,100
194.500
203,000
109,600
236,400
119,100
685.800
1,667,000
2,172.500

887,700
683,600
308.000

9.'<7.800
l.'.<13.200

1i,373.ROO

1,801.900
».t09.300

Peoples'

Hanover

1.480.000

17.608.300 10,139.600
2,»c)0.H00
421.600
e.blii.lOO
607,600
1,»61.400
307,200
1,47«,"00
114.000
i.n-\7oo
93,100
S,a4.S,500
661.900
1,2'^0.100
a*' 1,900
188.000
S,6'2>..000
17,3*0.000 2,663.000
.8 477.6J0 1.008,400

OallatlD National..
Batchers' A Drov..
Mechanics'
Tr..

Commerce
Broidway ....

1,130 000
1,687.000
818,200

12.718 100

8,«'2«

.

..........

Chatham

CIrcuta.

Bpteit.

•

New York
America
Phenix

Amount of—

2119,000

484,600
217.'^00

291.200
987.100
883,700
420,500
374.000
479,:0U
173.200
424,000
439,000
891,b00
324.000
1.751,590
2.462,700

3.2tl7,»00

128.000
165.400

2(10.000

143.500
3,053.200
1,193.000
SdS.OOO
619.100
982,700
1 064,600
258.000
368,300
424,100
28i,800
449,400
87,600
220,000
387.800
36^,100
291,800
263,bO0
141,500
676,100
337,500
326.700

a.S-.i6.300

1.2(15.000

776,000
1,123,200
8,73'2,700

428,300
198.800
201,900
351.400
276,400
45J,600
762,500
270,000
158.400
777,000
507,100
307,000
241,300
897,400
344,700
268,400
633.700

138,9li0

10,860,000
10.449,000
7.673.200
7.915.000
11.330,600
2,685.000
13,790,500

1886.

totals for several

Bptcit.

weeks

i>«|KMit«.

264,000

3.0 .2.200

'90,i>06

1,865.600

26,130,800
3,320,900

78,700
596,300
177.000

6.3i<S,400

1.907.400
1. 680.000
1,132,900
2,836.400

"a', 600
428.500

1,246, too

46,Ot0

3,693,700
16.896.000
14.272.100
6.863.300
7.31J.00O
3.774.400
7.013.700
4.597,100
3.207.300
4.165.600
11.634,900
2.893,000

895.1(0
46,000
46,000
364,600
46,000
180.000
326.700
200.400

3,087. »00

2,960.300
3.035.800
1.602,400
3,588.000
6,600,700
6.946.800
2,i«o.;oo
32.»79.200
34,077.800
3.199.000
1.046.400
19.033.300

426.800
482.000
'49,600

981.306
46.000
224.100
130.000
139.000
82.000
46.000
389.200

fc.040.000

3.978.O00
6,t>'26.900

19.056.300
6.45S.400
1,363.600
2,269.400
2,875.400
2.614.400
4.293.000
3,554,700
3,834,300
2,739.300
4,341.700
3,908,600
1,765,700
1,488,200
4,788,700
2,161,800
2.048,500
2.110,100

366,743,70o'i)4,483,l>00 40.89O,4J0l377,41'.,40C

The foUowing are

45,000

46,06d

177,606
aa-j.eeo

180,000

46,000

46,000
44,800
45,000
138,700

46,000
180,000
7,819,700

past:
Oirculat<ofl

An.

Ciear'it

$
J'ne 19 347.413,900 66,,181,500 42,057,100 371.708,700
" 26 35'.,lt8«,500 r5.013.400 43,297.900 375,8.'8,100
July 3 365.743,700 84,483,900 40,890,400 377.411,400

Bogton Banks.
1886.

Loam.

\

7,846.400 826.964.6S0
7,823,400 642 428,829
7.819.706 680,260,026

— Following are the totals of the Boston banks
Specie.

*

L. Tender*.

*

I>epo>«t«.'

CHreulation

s

$

J'ue'P 162.674,700 10.00B,»90
'•
W6 I61.64S..<0(> 10,122,400
July 3 151.i48.000i 9,8^4,000

103,610.800 17,272,800
3.170.700 112,632.900 17,012,900
2,861,000 111,778.100 16,696,000
3,210,.'!00

Philadelphia Banks.—The

;

Am. Cltar'f
78,220,228
79,199.289
90,955,324

totals of the Philadelphia

banki

are as follows:

.

.

I

AT

.

.

.

.

• Mexican rnrrency.
\ Including Wert Shore In 1886.
t InelndluK In 1 886 the new leased roid.
"'''?"'"'"£"''" ''^' y*'" '"'« been aBlusted so
as to
AiT*?""*
aala ul comparison the swme «< tbje year.
: Ahd bruochM.

make

Latc/ul Jlfoncv.

Loans.

DevotiU.*

S
Jnue

19..
84.948.200
"
'26..
k4.742.SOO
July 3..
85,634.000
* InclndlnK the Item "due

24,796,300
84,714,800
24,798,000
84,785,300
24,870,300
85,870,900
to oiber banks."

Unlisted Securities.

week

Circulation. Alt. Clsor'gs

S
6,013.000
5,858,068
u,848,UU0

67,189,930
65.165 414
66,281,668

—Following are latest quotations for

past:
Securities.

Atla.A Char. Air

Bid. Aik.

stock 96
1st mort., gen. bonds... 124
Incomes
X 106
L.,

Securitlee.

N.J. Southern
Ohio Cent.—Cent.

97

Bid.
>s
tr.

cert

Inc. cent, trust cert

Altamont Coal, bonds
Boxt. U. A E.—New stock

Pltisburg Jt Western

Old
Trust Btampei stock....
Host. H. 'r.« West.—atk.
Debentures
Brooklyn Elev'd— stock..

Postal Telegraph— Stock.

1st

mort

l8tmort.,6s

2il mort
Deuver A Rio O.— Consols 104
!

6'8
16

76

4

6

Postal TeLA Cable— Stock
>1
Rich. A Dauv.. deb
112
Rich. York Rlv. A Ches..
Southern Tel.- Stock..
1st mort. bonds
State of Tenn Set't.X3s
Settlement, &8
St. Jo. A Grand Isl., 1st
109

86
29
101

1st UiOl't

25S

103
76

U. B. Truot certs
110
'1%
6s
8s. U.S. Trust certs....
61
63
Incomes
Deuv. ARioUr.W
I6H1 18 Hi
24 >a
Ben. A R. a. W., 1st M.
St. L. Ark! A TeiasVstock
20
Guar, by D. A R. a..... 73
76
1st mort
97
Edison Electric Light
116
2d mort
42
Georgia Pac.—Stock
14
Texas A Pao.— Scrip 1884
88
1st 6s
109 >!i 110>4
'<cripl885
87
ads
66'8 66 V Tex. A St. L, gen. Ist M. Id
ICetiy Motor
6
10
grant it inc. bds
10
Mexican National
4
V. 8. Electric Llgbt
Pref
10>s 111,' Vtckrtb. A Meridian
4
4%
1st mort
28 >a 2911
Pref
10
M. <^.*T.— 1 neomp scrip .
1st mort
90
N. Y. W.S.AB.-Stock..
2V
2d mort
60
66
JNi.rih. P,*c. — LUV. uuudB.
96 s« 97 "a
Incuiu«.H
14
2d mort
...
Virginia Mldl'nd, 6s, iric!! 93
93?
Non.ii Kiv. Cons.— 100 o.»
Virginia State 3 p. c. bds.. 68
"iht
Newb. Dutch A Conn.,ino
West N. Car.— Con, mort.
I

.

JCLT

.

,
.

THE CHRONICLE.

10, 1886.J

ABSTRACT FROM REPORTS OF THE XATIOXAL BANKS
Depotitt.

^5

IndiwidwU.

m

N.HjuniMlilre.

9.508.038

9.061.287

1,304.516,
1,480,906'

4.7-.<9,932

ll..'.-i4.I»4.M

<.<i86|

r.70a

-.407

13,090,136
27.i0l.H85

41.4e^.700

li»l.'US.i32

45 45,450,000 243M.07S

841,d50,:<»d

10.360.000
6.155.000
7.661.000:

i8
SI

^ Oeanaeliein.
ITotolDtTjrowI
r Hew York CItT
• AlbwiT

9 Yoric otbar
"
Hew J«ner
tl.

. .

PhOadelpU*..

i Ptuabong
ij
I

50.'.>.W>.000

Ml

165 .303.5/0

6
267
74
38
33,

Peana., oikar
Total I>lTjr«L9

129.452,6"5

272.183
130,nS4

88.01.1.481

5,47.Mia

12.j7d.910
19,470,000
10.180.000

a.7i^,a(a
3,aa7.S7»

S^nMO

3.990.1 29
19,l<0.t>9s

43.505
105,031

IT

,000

38

•.U09

430,788

52,107

23-2'.',U94

249372

961.706

9356.3H2

tj>ll.'

9JS',015

3,6>40364

67.156
571.279
214,763

1

l)93»

-.9^

4'.80S.»6

5^4.'

1.788.0001

7684)00

ayeae.oou

U»•

»7S>M>
i8.ns

8.7aajvt2
1 38' .6x2

i.MB,mo

883.050
S2,078

100.000
7.145.080

80

XMal Dlr Jta^

a<(9i

40b06'.MiV

Okk>.oiker

CktaMD

I MUwaokca...

^

WlMXHiaUi.otk.

I

TMaliMrJlewS

r

lewa.

18,46)1.000

a
8A>50,777
100 10,544.800

s
48
18a
51

»

•t-Loola

86a000

8391.800;

43153S7
X8030O

13

Mlawwl. olk^

S79.9-47

1,627,641

8.«4H.^3:

4U!i.G/7

4l.nlH
3T4.%71
406,n<H
4IW.937

4»»,.*8e

»83*»33»
9483/6

SU.7S0
804304

1,106336
7309.276
S30«.1'0
1380.150

'

WaakiBCloa
Artaeoa
CMorado....

«
|l<Uko
k
~ Moalaaa
New MeKlea
fOtak
.

I

l^OA^MO

17

T.

n.iib.uou

18«,7U

X

11.459301

0377,988

7S0I3O0

9803U0
18S300

1.7v4.43;>

900300

1391.500

8

-»

7356.-->*k>

1

9S.a95
99,174
471,369

206,246
2,012,383
351,660
708,347

6,-290

«.4.500

11,290
4,170

78S.139
204.527
4.364.710

04.5r.0

94,671
158.616

247,484
206,065
2 >6,692
162,»44
172,638

440
64.080
2,70u
31,270

20->,185

l)>',638

553.550
4X2,376
747.857
6.020.406

eo.\:oo

67,390

55,000

3,6..-^'.62

/8.600
120,670
107,710
388.000
160. i60

6-.-.H-23

7,506
33,450
81.510
SU.llO
> 1.4/0

913.00O
2,436,005
1,641,470
5,>- 04.883
1,651,634
708,900

11,500

751,i>99

2350

4)9,S27
384,265

6]t3'4]t.-/Hl

47.-291

3S3.3"7
349,042
233,005
392.752
111.694
207.0-9
33.418
99.267

1

1,814.979
1,A98
1,212.429
85.5H2

6.340

143i6.-o:

81,000
819,4.0
100,198

18
8

^4,r30
11,500
8,700
98,760

99,674
82.474
167.923
1,316. ab

156.4
24.940
33.000
49.890
129,850

138<
66.7 <0
100.000
14.340

^300

S7

.

W^ooiliic...
Total IMt J(eL»

140S.I37

157399

Total OtTjCo.?

98a

6,387.19-/

8.415316

I

l,0-:0

8303.13a
11393.507
13334.190
4.110343

AtMIJUfb

£

159.308
3..M6,761
1.599,329
450,943

81.004,609

»48,71«

88*386

1^100,000

l-i0.S29

17.^8.««5

1391378

8.818,800

9>7»XKI0
1,170«I0

212.524

840
340

155,830 31.637,3-2a>
1,400
352,860
41,6»0 3,531,533
32.190 1,878,587
212.890 6,071,490
37,670 2,13.^,gS8
8«,790 2.9i>0,291
5X6 3KO 48.417.042

87360
13399

69.M13
33.803
61.2/3
140,682
11,638
345,163

8

1.880

180318.O98

S3513M

SJOT.IOO

1

11.746.244

8. tlft,

274.146
14,050
120,070
27,670
4.740
17,450
104.680
651,810

Ofta

f>.6U.'/31
16,2.)N,»61

51
Dakota
I TMal DlTjt&a 117
IMarada....
1

18

HOO
48.C20
2.000
743.180

798. < 18

15.191347

269.8

ZMtbnakm..

17

3.452310

18.347,781
4.797,430
10,4o83««i

4JMI4iOA

P

i>5.53t

73M.59.^

8,745

840300

8,035.000
»78.««8
90.M4J(77h 30^944346
10,305.000
1I,BOOUIUO
S.OOO1OOO

22,100
75.100

96,714

29l,<64
34,761
192.510
64.411

97.930

ix,n8;ooo
1* IS. OflCOOT

US

Dauott.

1>-5,198

5,0J53.^0
982, (36

1,9-9,

113W,.t32

.

60

4.626306

9'.'-t.«40

33.7l0.23o
31.2SI.6IA
45,151.^73
28,1I1AKKI

9,400

219^

3«-30i
<a.0Su.0<7 933 -.740

UOOuMO

idarelaad..

56300

46U

1.^89.4jS

17r->1t4.eo

84,386

^02.28^

9371.1*6

0.9liJ)6ll

150384

28,140
961,000
40,000

2.><0l.44^

3,7'i4,%4<>

18 "KMitfuiBo

1375,090

4.2 -u.o.'4

1,148.047
9..> 06.872
155.642

l>,lS6,>t02

015,9031
8,137.052

6.-,U.;l

A3.1«0.<'R5

l.:S.24l

-'•000
OOi

13.6.10

311,

1.1.6.8)8
la.lOJ,710

8

..

26.3 0.45»

3si',oei

....j,4S«

1

154.739
1,-/62340
281.298

.7.t*.>l

707.142
8.037.716

28.710.

14«,i2;«

283.432

1

t.3

5,9H«,7-J»

17

loiilitoii«.ett

*t

5,730
11.350
7,090
13.010

!

8,8m.:

I.SOO
).o:

25:^.'

80,208
75.839
56,256
239,784
558.276

'

.

.

5,353,7 Itf
5.&4e.&5u

1,

...

Lea.tauPrg
of depotU.

I

236375
277300

74.a.iuo

l

Treatun

250.68 ,24F28.8ri 1.548 28.06k.3sU
800,24j;
40,217
7,747351
(i20,174
390,140
89,307,4591 3,.M3,49i« 1.280,-^30
597,5«2
323M.<<7:i
.iiin,j56
420,329,
275,357
604362
-,130
43.520
".,063
151,897
370,4501
h-ii.Tlie
...
705,918
334.730
i^.
55-i.047.H57|62.4 8,3^5 30.763.w7i 3.321.- 5.

2,6N.^,ll>9

3,Mi.318
8344.611

y

^3S

•S.1M.818

elk.

auttr

mittr.

26,S.!<h6
23.060
5,39S354, 4,794.880
2,100 g5ul
196 220
4323861
76.690
1,278.10(1
240,370

1.368. l:<8

32.475,59J
4?.47«,2'7

104.656
773.385
238.754

21.64'>.5-J1

VonbCirallaa -i7
IS
aeotkCareUaa
Oeeflda.
Vlonda..
Alaly

1

330317
6-2

9,008,0-.i2

81.065.263
8333^1,148
73,A00.165

8M,891

I

144,<<7I

51354.347

1,189,0(10

«iO

.

BO,3U5,»90

9.157,7M

10,

ITUalBTUto..
I

2340

5«8,oew,>aO

ai
j W«M
T TMalDlTjl<ka lu

9

9.700

243.3»<6

1UJ<6.7S4

TIrglBia
Yligmia,

i|

642.552

8,492.382

1,750.000

WadUaMoo...

I

17355.645

e83:i58A>a,oiO; »i.it.»3ai«

^aiTlaivl.nth.

f

144.377
332.458
46,547

34.8.^4.760

t»0 3«.8593i0

iDaUwar*..
nallliiMww ..
OMToa..

OUur.

3, 188«.

$

$

I

71

49

TO THE COMPTROLLER JTTNE

.MA.DE

Oold
Loaiuddi*- Gold and
emmtt. Ilnel'g gotd O. H. Trtatury
otrdra/U.) etrtlfieatt*. etrtifieau*

ataytHa.

Jutu 3, IflM-

47

410338

1380348

I.74O.1U1

.i.«i «irt

Total tor U.S.. l9,a«<»lS39.109.

arATnui.s

»^r

iiin

.-»

A

I

I' I.-*

A

I.

li

\

.-^

K.-1

OF THE RIHKKVB

CITIES,

AND TOTAia

IT
35^

TviiiLe poa BaiBaTB

fl^ilil

Citiaa. kc:

MUTi.

itr48
t»TC

t-n

•78

1-si
•74

I-Mj 1-66

116

1-19

I

•US
1-81

11-M

•«T|

19-ta

•-44

»u

18
-U

1

U

-tl

-84

4-«a

laOi l

-OB

l-u*

-»»

1-61

-as

-04

IS
1-06

-OT

»«8

i-si

W

48

1-16

«4

IM

1»4N iri» 11-71

ni

S-Jn

s-i«,

1-87

l-oo

I4e

•'4a

• M 454

SO

-SB

•ss

1^»

1^88
•ft)

m

•10

l-«i

•89

•OP
1-01

1-01

u

ais-iz

•70-41

19 38
5164
13123

938S8

40«

Sl^ll
3»^3B

53-19
77-84

97-M

3-85

414B

3110
0718
3f»S

S3

•07

-23

•16

•97

-01

-OB

-O^t

3069
!•«
•81

9-m
1

as

ise

!••« 4y-«'>i4*'46

90

30-87

74-71

1-48

1130

-47

7014
1188

3-8«
0-07

•80
•410

34 37

SOI

-19

•71

-t4

-06

•on

-a

•00

-M
1-W

-•?

17

411

-a«

•06

'trr.

74

-06

•OS

•OS

08

•01

19

01

is-»>
1-15

ll-XI 44^«B

tri«

1-69 8S1I7

•Jo<» tT«B 18-401

S-OA

S9

•7

-91

1-80

-99
10
• !•« 14^78

ISW
-80

1-81

7988
37 30

5040
10 07

-as

t-81

1«

•01

•m

•*)

•-87

•89
-71

•14

-9«

••9*

5-10

1-97

8-«a

31-8S
83^84

••-98

-28

14-49 4i-40

1

•01

1-18

•18

-II

SliUiatu.

1.308-II6

1I^«7

•so

-10

-04

rtlBUl-Ml ir«i S-MJi-aio 4-«
i-vi
I7|
t»78 4 44 s-si
•10

hM4-i«i4«»«i^tr4i

SI

I'M
»S3 ISIS

•14

m

07
•41

4»t 4«-W

1-H

m
OS

jriuioTu.

73038

•4»«>
•519

•••87

lC-41

r

to

»*>

iti

•u

-u
-«

•41

ll-«

SI

i«

m

9-n

4-39

1-08
-ao|

•41

lis

1-01

1

r>4

-61

•«

4-8*1

-87]

t

t'

81

11

8-41

»44
li

)M«-t8

met. MVi. MU-t. jruuoM.

1M»

11

1

Mu;.

ss««

T^«8 1«^04
•88

»oo

-34

•VB

71»
l^OB

i^ao

183-14

93*1

»4W

at

•10
•««

3S-«e

9-04

111

587 oe

-19
•47

*»<9j

s^ss 1.145-18

•4

06

»

•Ol

a47^>M
.

I4-JW

TWM I0S4<

S^Sil

sot

17-M

13-88

13S«-a8 3.474-54

35397
•0'«

539-U
103e«

44-«7

•7-«6

1«»-(M
345 08
597*3 1.165 09

44HI
09'

J9-i75
11;S8

.3*iO^ «,474B«

:

:

THE CHRONICLE.

48

[Vol. XLin.

In 1884 there was moved 444,848 tons of freight
and eaminxa were $916,26'}. In ISS.i there was moved 547,239
the excess in tonnage beinst
tons, and earnings were $986,258
tion in rates.

;

exhibit
The IxvESTOKS'SPPPLEJtKST contain* a complete

of

Cities atul of the StocJcs and
the Funded Debt of States
Railroads and other Companies. It is published
SoHdn

and

23 per cent, while the increase in earnings was only 7-6 per
cent.
The earnings, expenses and rentals of the Wisconsin Central Railroad and all lines operated by the trustees during the
past three years were as follows

From—

1883.

-f

Frelghg
Saturday of eoery other month-viz., February, Halls
ExpioM
is
fur
and
December,
April, June, August, October and
Sleeping car
the Mlsecllaneous
subscribers
of
regular
all
to
charge
extra
nUhedwtthoul
the
Total gross earnings
Chbosiclb. Extra copies are sold to subscribers of
Crromclb at 50 cents each, and to others than subscribers Les3oi>eialiuzexput8e8

on

much

it;i.447.70S

Balance

irisconsin Central.
(For the year ending Dtc. 81, 1885.)
their
This company reinains in the hands of truatpes, and
that
aeent for oi-eration makes his report for 1885. He states
railroad
the year was one of great depreBsion in the general
The amount of business done over the
traffic of the State.
Wisconsin Central Railroad was larger than ever before, lut
the
the latea paid were so much lower that, notwithstanding
acincrease in the amount of traffic and the new business
quired by new connectioni", the road was unable to show
increase in gro^s earnings.

l.S.G

I.'.9t0
ia,."49

Eotris.oarsorvice.UcenseteB&trg

ANNUAL REPORTS.

!'.'':»

2'vu»

Net

mttlper copy.

:«,tit;ij

l.'i,«:o

the last

18«.

18!*4.

«i4<.\743
Klfi,2G2

$1«0,127
92«.6»8

Pasneiigers

O

?38

-,^96
O-O,?.^^

16.010

l^9i^
)S.660

10,210

12.811*

81.-IW,075

ijl,lfit,''04

i»73,"32

lt.57,71\

f41,831

~i474.om

$U9.123

3.51. 40.5

$l71,n;10
ol9.C',0

$12.',6o0

$151, '.7J

$208,710

a 10.406

GENERAL INVESTMENT NEWS.
vttlantic & Paciflc— The Boston //era W Rives the following explanation: "The

management has been unreasonably

annual report for 188.), delay in
by the severe sicknesis of President Nutt. At the meeting of the directors Blav 34, the
report, then ready for the printer, was referred to the executive committee for final revision. President Nutt being chairman. Miy 26 President Nutt was stricken with chills and
fever, and has not since been permitted to give any attention
cri.ici-ed for not issuing an
the i3:'ue being caused solely

" The completion of the Minnesota St. Croix & WisconEin to business. He has recovered sufficiently to be removed to
Railroad in 1885, which gave access to St. Paul & Minneapolis his old home at Montpelier, but is still weak and in low physiand the railroads connecting there, proved to be of little ad- cal condition. Gen. Williamson, who took his place at the
vantnge, liecause such action w.is taken by the Chicago Mil- company's office some ten days ago, was iiumeaiately called
waukee & St. Paul Railroad Company as prevented the St. to Washingtcn and only returned this morning. The annual
Croix line from making any connections ovtr their track with report will probibly be printed as soon as it can be revised.
There can be nothing gained by withholding the report, as the
Milwaukee and Chicago, and made it temporarily impossible
"
figures have already tieen sent to Washington, and will appear
to do business between those important ciiies and St. Paul
in the Commissioners' report a few weeks hence. The report
The report refers to the new Chicago line as follows:
The debt
" III Aiiitiiet last the construction of tbe Chicago Wisconsin & Minne- will not vary much from that of the previous year.
no.
therefore
bo.
was
ClilcaKo
to
Sclileii-liidcrvlUe
iroiii
sota Kail ronil
to the Atchison and St. Louis & San Francisco companies will
This rouil will this summer lie eoimileted fur oiicratlon. The Wisconsin appear somewhat increased, but bills and vouchers will be
Central Hiiilioail. between .MilmlKforil and Neen»h, nDd the Milwaukee
Alake Wiiuebucu lUUroail, then becouie parts of a throujirb lino fur largely reduced. Net earnings will show a moderate balance
rrrliiht and paB«euKer« between Chicago, 8t. Paul and Minneapolis, and
applicable to interest."
»ll ilie rall'oads Hraiinailnj; in tho8i> cities respectively. The i.iher
Corp irKtiinsconiprlslnK this line are v llilng to eo-operato with and are
BnlTalo New York <& Philadelphia.— Proceedings 7have
entire ly friendly lo ihe Wisconsin Cenlnil road.
been begun at Pittsbure: for the foreclosure of the BuflEalo
'•
Thn ChleaKo WlRConulM & Minnesota Railroad Is leased fornlnetyIt is proposed to foreMInni sotn Bullroad Company. The trus- New York & Philadelphia Railway.
oino > eHfs to Ihe Wi8Con>lu
tees will receive liuxineis Ir.iin the Wisconsin & .Minnesota Railroad at close six different mortgages, three of which are first mortAblMitiiford, lis lerinlnus, auil de ivtr it at Soh'eislnnerviUe to the lessee gages upon different divisions of the road.
This is done in
of the new line. Ej Istinu cciniracts made it ln(ipo.-!sib!e for the Wisconline a single mortgage,
aluCentriil KR. Co., aud the trustees, or ellhrr of them, to acceiit a order to admit of placing upon the new
The
This extension which will be a first lien and bear 5 per cent interest.
lease of the u,;w line from Schh l.^ingerviUe to Chiongo
of \VI.H<<in-iii Central business connections and conversion of its t'ack mortgages to be foreclosed are the Oil Creek first sixes, $.573,ween
Chicago,
St.
Paul
bei
and
Ashland
into part of anew trunk line
first sevens, $500,000; Warren &
and ihi- l'a»illc Ocean, lins been obtained without any expense, or the 000; Union & Titusville
Franklin first sevens, $1,.500,000 Pittsburg Titusville & Bufusuniptlon iif any liabilities by the trustees.
•• TiuriuK the jiast year popular rumor has nailed this new line to Chlfalo Consolidated sevens (second mortgage upon the roads
eago an xieusion of the Wi-consln Central RdHroad, and asMiined that covered by the preceding mortgages), $934,000 ; and the BufIbe t<>iiniuHl fai ities which the Chicago & (Jreat Western B.iilniad
Couipauy furnish in Chicaco, be'on«ed to the Wisconsin Central Rail- falo Pittsburg & Western generals, also the Buffalo New York
road Ctmpany. This rui.ior. it is hardly necessary to say, is entirely & Philadelphia firsts.
Foreclosure proceeding< under the latSt.

;

,'

1

^elthl r the trustees nor the Wisconsin Central

Incorrect,

Railroad

Company have any ownership or contiot of any track lying beyond
8eUlel^ilige^ville on tic. fouili, rr Abbotsford on the west. They will
doubtleps derive, without expense on their part, great advantage fioiu
ilie fad of this construction to Chicago, and It Ijecoines manifestly the
Interest of tbe irusieea aud Ihe Wiseonxiu Central Rui road Company to
eoo^ratebaimoniously with the oilier corporatiins which own and
CODlTOl tbe rest of ilie new trunk line l»tw< en Chicago and 8t. I'aul,
and rompilse the Wlac^insin Central AssikI ited Lines, so culled, and for

mortgage were begun some months ago, and petitions upon
each of the other mortgages were filed this wtek.
To carry out this amicable foreclosure a syndicate was
formed representing $7,200,000, which agreed to take under
ter

the plan ot reorganization any part of the $23,000,000 of secuMore than
rities affected which did not assent to the plan.
four- fifths have already been turned in. and the syndicate has
which MRoclKlion tbe Chicago & Urcnt Western Railroad Company is
bought at par and interest about $5,000,000 of bonds, which
preparing to furnish terminal acrommudatlnns in (^liieago.
"Ibeae corporations, namely: Chicago Wlscousin & Minnesota Rail- will in time be converted into first mortgage fives of the new
Luke Winnebago Railroad Company. Wis- company. The time for participating in thejreorjjanization has
road Coiopany. Milwaukee
«ODaln Central Railroad Company. Wisconsin & Minnesota Railroad been extended until the loth ot July. The earnings of the
Company, Milwaukoe 8t. Croix & Wisconsin Railroad Company, in
order to arsist the Culcogo i Great Western Railroad Company in com- company show an improvement over last year and the physipleting Its tennlniil system and soiling its bond-', have Jotucd In a guar- cal condition of the road is much better.
lii

W

ot the Iniercst on
.000.000 of its 11 rat mortgage terminal bondj,
to Iccomc its llrst tenant.
'•The Wisconsin Central property Is in excellent physical condition,
and the t'listfesare Kradiially replacing with steel rails the Iron rsils
•
•
•
•
irbtch are now weanni: out
Under the agreement bcweeu
the triituee and Ilie Milwaukee & Lake Winnebago R llroad Company,
ltl« provide"! that at anytime when new. permannic iiuprjvomeuts
and additions upon thelerw.d road sliull become necissaiy, and shall
tie Jointly agreed upon between the lessees and the Milwaukee ,t Lake
Wlnneb^igo Ratlrowl Company, Ihe last-named c impany shiill Is-uc its
twenrj year rlebeulures, b.'»ilng 6 per ei nt interest, fn payment for
ttielr iins^nii ti Ml, aud me lnt"rest upon said debentures shall bo iiaid
by the lessees il'irlrg ihe Urst ten (10) years. It became necessary for
tnls company 111 coiiBlruct a lirlrtge across Ihe river at Oshkosh, as a
condliiin iirecedent to its e»iterti g the Wisconsin Central Associated
Unes. snd In order to pay lor ilie same the Milwaukee a Lake Winnebago liailroi-d Company has issued Its dobcntuies to the amount < f
• lOo.oiiO. Th«t eumpany hiil previously Is-ued In 1881 the same
amount for various iiermanent additions and improvements."

antee

mod have sgiced

(

The

total earnings of all

the iires operated in 1885 by
th'
s (Wisconain Central Railroad and leased lines)
!i;
1,461,004, being |!31,929 moie than the earninMs
oi .
il, ihu same mileage.
.,
The exjiensea decreased, a?
compared with those of 1881, ^LjiSOa, or 3 .il per cent. The
principal decrease in expenfcs is found, first, in the repairs
of roarlway, being 3 68 per cent less than in 1884 second, in
the item of fuel consumed, which was nearly 1 per cent less
than last year. After paying the operating expenses and the
rentals, car service and the taxes, there was a balance
of
$208,716, being $17,036 more than at the end of 1884. Tlie
businefs depression continued throughout the year, and the
movement of all kinds of freight was subject to great reduc•

1

;

Canadian Paciflc— At midday on Sunday, July 4, the
which made the first trip from Montreal to the terminus
on the Pacific coast, arrived on time. The journey was a
successful one and telegrams from Vancouver speak of the
delight of the passengers at the masnificent scenery aud the
train,

comfort they enjoyed on the cars during the long journey.
28, the train started from Montreal, and
the following is the time made : Montreal departure 8 P. M.
Monday; Carleton Junction, 1 o'clock Tuesday morning; Port
Arthur, 4 P. M. Wednesday; Winnipeg. 9:40 A. M. Thursday;
Calgary, lO:.")© A. M. Friday and Port Moi dy noon Sunday,
The 24 o'clock system of time was kept officially throughout
the journey. The through freight service will open in a few

On Monday, June

days.

The opening of this railroad of 2,930 miles through
British possessiims forms anew route betweeft EQ:<land, Cliina,
Australia, &c. The Springfit Id Republican gives the following
table, prepared in order to show the distances affecting commerce between England and the East
Gcograjihital Mitejt,

lioutes.

Monireal to Vanonuvor
Now York to San Francisco
Liverpool to Viincouv<r
Liverpool to Han Krancisco (via Union P.acitt'
Liverpool to Yokohama (via Pan. PHclflc)

Yokohama

)

2,S20
2,390
5,lOO
5,880
9.5*(i

Uui.m Paclllc)
10,126
" Thus Canada gets to the Paciflc Coast by travelling 376 miles
less than we do.
Liverpool freight going via the United
Liverpool to

(via

'

JULT

10,

THE CHRONICLE.

188«,J

States to the Pacific coast roes 7^ mites more than it would
be compelled to no on the Canadian route, and the advantage
^
oTer ours in the transbipmr'nt of ^oods from
of the lilt'
liama is 880 miles. It is therefore p:irdi)nLiverpb'
i.
..-.iiiion
papers at this time to celebrate the
•ble in
opening of their great ruad by viaions of great commercial

49

WfStern— .The parch \sing committee of the
V**5
^""i*,;?
Like
trie
& Western bjndUolJers givei notice that the time
for depositing se-^uriti-^s under the agreement of Februiry
1 is
limitrHl to July 20, after which time the termj upon
which the
dep03it< will b9 received will bj optional with the committee
Tnis plan proviiea for a contribution of $0 per share from
prosperity."
present stockholders, and the new bonds and stock ar-< to be
as
Chesapeake A Delaware Carnal.— Bo3d« to the amount of follows $2,800,000 fir«t mortgage 30 years 6 per cent gold
$176,8t)i over the legitimate issue have been turned in.
The bonds^ secured on the western division of the property between
Muncie and Bloomington $2,423,500 first mortgage 30 years
Philadelphia Press leporte:
" There i* no way of telling the good from the frauiulent,' 6 per cent gold bonds, secured on the eastern division, l)etween
udd one of the experts, 'and we are just now getting into the Uuncie and Sandusky, and $10,93^,750 capital stock, of which
over-issue, which I am sure will amount to almost the Bum $-4,208,750 shall be preferred stock, entitle*! to a ncmcumulastated by Wilson in the letter he left behind. Of course tive dividend of 5 per cent per annum, and sharing thereafter
erery bond returned after U>-d*j helpi to swell the total of with the common stock, after the latter has received a like
the fraud, but we have diseoTered no way as yet to pick out dividend.
The present Lafayette Bloomington & Muncio first mortgage
the good from the bal.' After the bonds are all in the txperts will go bsck to the beginning to tr«oe, if possible, where bonds are to receive their par and anrrued interest in the new
western
division bonds
the frauiulent iame be«rins and aee whether there has been any
the Like Erie A Wes ern first mortgage bonds, their par and accrued interest in the new eastern
forgrry of signaturee.
division
bonds-wiih
30 percent aide 1 in the new preferred
Cklrago k Northweatera.— On the branches and extensions
of this company it is reported that work is pro^rrngin); in stock— and the Lake Erie A Western (Sinduskv extension)
first
mortgage
bonda,
their accrued interest, and' SO per cent
Iowa on a hne from Lake Citr, westward, abiuc sevont- on
raOee to a junction with the Miple River branch near Wall of their par, in such new eastern division bonds. The income
Lake, while the latter road will be ezteoded from its present bonds coming into the agreement will be treated as follows
wotem terminus at Mapleton southwest about twentv mildi The Lafayette Bloomington A Muncie income binds to reoeive
to the Sioux City & Paciflc Riilrood at Ontwa. Ii Dikou, ISO per out of their pir, the Like Erie A Western income
the branch extending from the Otkota Central at Il'iron boodeTOperoent of their par, and the Laki Erie A Western
northward up the Jamei Kiver Vnlley to CotninMa, 97 miles, fflandmky astoosion) income bonds 40 per cent of their par.
the now preferred stock, while such of the ex stin? cipital
it to be extended further north to m^et the James Hirer
branch of the Nortbem Pacific, which will be ext«ud>^d sloek as may have paid in the oontrihution above mentioned,
soothwa'd.
The new Black Uilla line of the Chicago & wMl receive an equal amount of shares in the new common
Northwest* m. from Chadron. Neb., to Rtpid City, OS miles, took. The lloMiag debt amounts t about $1,0.>I,030, of
which accrued tatMost is $116,020, leaving about $733,000 to
la BOW Tinually completed, and was to be opened for busineca
•bout July 10. Rtpid City i« in the Black Hills, and from be dealt with as follows The amount now due o-\ the car
tkat point to IXqtdwn ><i it ij but 40 miles. It is the intenxion trnfts, together with the debt of thw oompiny and 23 par cent
Ipeztend the
Rapid City to Deadwood next « ason. of the MoUourkey judtcment, to be paid io cash. Tne remainTItBnew exte
Cbadron west is be ng punhed with amol U» McOoiirkoj i«dgmaat can bs settled in notes of the
now ooamMiy raani^ not lees than five years, and the jadg«ff poaiiMe sp ^..
.^.^tf milee have already been completed,
naot of Foster and others, it it believed, may ba settled for
ad tnek-layiag ia pevgnmtag at the ntte or two miles a day. somethlnij
le«s than 50 percent of iu fac^in cash, leaving then
Tliis ezteuftion will not he pa«hed farther this season thin
"
only the expenses of the for.'clasure and reorgaoi:i!Ies east of Purt Pettermaa, and 15^ miles west
-eediogs and claims of a minor character to be proThe company expects to be ahlfi to open the
ruail to l>ou.jla4 in about two moothiL
Fort Fetterman Iie4 viiiiii lor.
in the Wyoming cattle regiov, aad the new roa 1 is expected
Maihattan Elerated.— The full particulars of the rights to
to command a tie«ry cattle trafBc
Uanhatian stockholders are these: The New Jeney Railway
Cincinusti * Eastern.— A meatiDg of the first mortgage OooMructlnn Cimpsnv has contracted to build and e<]iiip S
" ulw<tT was held in
boaJhoi lers of the Cincinnttt A K
of the suburban lines for $(100,000 stock and $6JO,000
CiaClnnali, and tiM bon ihil ten >
raed that thore is
per mile of rl->vatei road, aid $100,000 stock and
A peasibUity of selling a controUib^ .„^i..( la th« baads to •
,001) bonds for surface road.
JI inbattan E evated stooksyndicate of Etstem capitaliat<, acraad to place their bandafat
priwKve i« t) biiy on every 10.) shares of Hinhattaa,
"
the hands of a commitwe. oomi.
of J. J. Emery, J. D.
'•lock iinl $7iX) iionls, piyin<$70) for the «t>ckanl$70
SamelsoB and Albert U Clark, giving
g tlthat o imrniilee pow.-r for the
he bond*: or $770 for $1,400 Suburbin securities. The
to tell the bonds for not leas titan ttfiy coals on the dollar at Msnh altan Company has no responsibility io connection with
any tline prior to tHe llth day of Jnlr.
tha matter.— /)jw. Joiits it Co.
On the ath tnit. Jodge D«n in Cincinnati, ordered a sale
Kfssonri Iowa ft Nebriska.— This railroad has been
of the rood in foreckwure io sixty day*, a^ limited the price
be sold. Ii extends from K-Mkuk, Ii., ti Van
to $600,000 as a minimum.
-Vlbhi, la., 174 miles, was l-^sad for ninety-nine
v,.,)„||j ^ CleTelaBd-Iadlaaa nionnilagI I.., ;.,... M
years f:o:u Ojtob^r 1. 1S-*J, tj th^ Witjish St. Lmu and
Tile following, from the Iml ana/znli-i
Pacific at a rental of 30 p'rcantuf gross earnings th> pron^t in ronM^ion with tho I. B A W. oeeds to te
applied to bmd interest an! tax-j*. Otfanlt was
Indian* Btiooiingtoa A Western made iota's I.
The ctpital stock is $1,025,000 and the funded
kr * CteTi-land as an entirety. debt consists of
$).?«9,000 fimt mortgage 4>^ per cent bonds.
nky A Cleveland
Northern
IWIIlc
Terminal.— At Portland, Ore., Julv 8,
,-. under
a trdtlic
•T'ws 'Bmings.
When the tho-alaoMpp of directors uf the Oregon Railway A Navigawaa leased aa a whole to tion, Cocapany was aga<n deferrel until July 1.3. Tne North•'" the lessor ordered the ern Pacific Terminal Coinpauy elec eJ the following directors:
Be*'
lo the Indiana Blooni- Robert lUrris. Elij ih Smith and Henry VilUird, of New York;
ioKt
'eople have done.
The J. M. Buckley, uf racomi, and C. II Liwis, H^inrv Failing,
I- I^
0. a ft C.
per cent C. H. Prcacott. C. A. D>lph and R. Koebler, of Portland.
BO, as they construe Tne directors subsequently elected the following ofScers:
*^
'
'tad says, Beside Prcaident, Uenry Failing, Secretary, Joseph Simon, of Portwe want you to land; As^tant Secretary and Treasurer, Oeorge S. Junes, of
..- iioTj
the Bee line.' New York.
this led to the Buit
Northern Paclflc— A dispatch from Helens, Montana,
'.hem, and which forms ays: "Orders have
been recrived here to receive no more
T

'

:

;

'

;

:

•

<

:

I

'

I.

.

HVnc

'

\''

'

'

'

;

'

M

••

'

.

>

rrteirer for the road."

.'

& Hm

tlie

A

c>'t.t
t.t (.er
jier

....

On ooapoD Wo.
On coapooa Noa.

follijwn

t4U.

*

in«tructions from the
l>rover
Urande Railway Co., Messrs.
I'helpa
Co. will pay interest at the rate of six per
ano
annum
03 ooapaoa of the old fliat mortgage twnds as
ier

^

:

*
"
from
Nov. 1, 18M, to Aujf.
and 80 from May 1 and Nov.

Oregon ImproTemeBt Company.-This company's
ment for May and six months is as follows

state-

:

18,

W

Imalness for Wells, Fargo
Co. This is the result of the decision of Judge Daady, at Portland, Oregon, that one common
carrier cannot be foroeid to do business for another."

jtay.

.

18t», to Dec. 19, 18B3

FlJat * Pere laniaetle.- At Boston a meeting of Flint A
FWe Marqaeue omuiwa-stock holders was held, 13,000 sharee
beinif rcprwenled.
A committee was appointed to prosecute

1886.
f20i,<j68

Orassearalnxs
OperaUnc eipeoae*

Wet eamlnna

.

189.^.

.

X>er.

Ito MaySl.

1883-6.

.

ltJR4-S.

•liu,3ia

•l.i',8,s;i3

170,908

169,1(89

1.0U,400

•1,367,777
1,118,710

•i3,0tf»

•M),o27

fieMJl

•240,067

Ballroad COMtniction.— The Railroad Gazette gives its
nommon-stook holders, to huve the present arrange305 miles on fourlulled by which preferred et •ck must receive 7 per weekly statement, and says that the tottil is
teen lines, making in all 1,.580 miles thus far reported for the
c<-ni anituaily for 5 luoceasive years iwfore the
men get* current
year. The new track reported to the corresponding
aDjthiog. Preferred pUd 7 per cent for 3 yean, but last >ear
date for'flfteen years has been as follows:

mm

t

OQIy

*'"

for

^''—.-

'•

"••"t.

* Denver City.—The gross and net earnings ie»«

-'oak Nov.

1

to

Mar

-

bare been as follows

Jfsy.

.

0,»-r

31>

,

.

iHHi

:

Mot.lUiMaySl.

•

IMI.
• II.SM4

IB-JV".

I811S.

tiLSfl

•117.103

91U.737

I».IM>

Ai.l7t

Iil.-i31

Il9.'i:i8

.•.f.«04

fl7.1«4

«7>,87J

$»i,*V)>

;«•*».

It'Hl

3tUt».

I

1.980 !l881
I.IID ISflO
1.418 1h7;I
S.H'U ItTS
4,7iS 1877
,
'

miei.

Mile*.

'i.fM

1878
1875

1.113.")

l'*74

14.41s

840
447
7«7

7»l 187a
1,6«7
1853
710 I87i
2,t«7
1882
This statemont covers main track only,°8ecv>nd or other tAditSooal tracKS and sidings not being counted.

:

THE CHRONICLE.

50

Jowph, Mi»St. Joseph City, *o.. Bonds.—The city of St.
in
di'posiied iii ihe National Ba"k of Commerce,
Bouri
city
Hew York, funds to redeem all outstanding l)onds of said
bearing 10 i>er cent interest, commonly called '-Bridse
the
Bondti." issued in 1871, in payment of its subscription to
capital Slock <f the St. Joseph Bndge Buildimj Company.
The hohJers of said bonds are requested to present the same
vith the overdue coupons, for payment within twenty days,
the
as inu-rert will not be paid after that date. This action of
charter,
city is under section 3 of an amendment to iis
approved March 8, 1*55, giving said city the riK'ht to call in
b«tore maturity anv pan or the whole of ite bonded indebtednew, Kaid city having elected to call in and pay oS said bridge

%hz Commercxal

hm

bonds and the

intvrt^st

4^*1

mes.

COMMERCIAL EPITOME.
Fmday

Niqht, July

9, 1886,

The weather since the resumption of business after the
national holiday has been severely hot at the North and West,
and from the Northwest it was reported that the withering
heat had damaged materially the growing crops of cereals
while from that section of the South lying east of the Mississippi River come complaints of damige from excessive
moisture. These reports are no doubt true to some extent, but

;

due thereon.

PreRident
St. Louis .Arkansas & Tex««.— Mr. S W. Fordyce,
of this railroad, hiiK returned to St L luis from New York.
He says that ihe contracto for grading the remainder of the
line, for the construction of the new bridges, and for changing
that poi tion of the road already completed to the standard

not to bd forgotten that there is a very natural tendency
them in the interests of speculation. Yesterday rains were reported from the Northwest and clearing
weather at the South. General trade is fairly active.
The speculation in lard for future delivery culminated on
Tuesday, and since then we have had a weak, unsettled and
drooping market, with the speculation feverishly excited, but
the regular trade improving as prices gave way. To-day there
was a partial recovery, and the close this' afternoon is at 6 69c.
it is

to exaggerate

gauge, have been made.
Scioto VbI ley.—The ifai' d- Express remarks: "The firm
stand taken by the S.MOto Valley bondholders has not been
without its etiect Tnev had nine-lent hs of the whole issue
dep<«ited with the Central Trust Company and instituted
foncliisure procfedinns on th"ir own account. Their commiittee was satixfled ihat the earnings of the road, if applied
to interest instead of construction and betterments, woult be
ample to meet thn lull charge on thn firsts, and they declined
to ace. pt anything lens thin par and interest. The opposition
came from the Huntington interest, which held a large part
of the floating debt, and wanted some concessions on that
account. The committee did not deny that the advances had
been made, but said that when the notes of the company were
«ccepte the lenders knew that the mortgage was a prior lien.
It ia probable now ihat the minority will make arrangements
to raise the interest and avoid foreclosure or pay ofif the
lien." [The Houston & Texas Central decision as to floating debt baving no priority over bonds applies closely to this

September and 6-70c. for
Lird on the spot is decidedly lower, with more
doing at 6'30@6'40o. for prime city, 6'70@6-75o. for prime to
choice Western and 6 '900. for refined for the Continent.
Pork has been variable and unsettled, closing at $11 25@
$1175 for new mess, $11 75@$13 50 for family and $13@ $14
for clear. Cut meats are dearer, but close quiet; pickled bellies, 6@6;io.; pickled hams at ll@ll>^c. and shoulders at
6)6® 63^0.; smoked hams, 12@12>^c. and shoulders ^@^}4o.
Beef is dull at $7 75@$8 for extra mess per bol. and $12@$18
for India mess per tierce. Beef hams are dull at $31 50@$33 per
case.J
Scearine is quiet at
bbl. Tallow has been lower at 3;^ 3 4o.
Sherman City (Texas) Bonds.—The City of Sherman in 73^0. and oleomargarine at 6>^o. Batter is less plenty, and
1874 issued $84,000 bonds to the Texas & Pacific Railroad,
Cheese has been firmer, but
and paid interest on them for ten years, but in 1885 refused to firm at 13@18c. for creamery.
factory. The swine slaugh'^%°'
^°^
S****
the
auainst
quiet
suit
at
Louis
brought
closes
bondholder
in
St.
514®
A
pay.
city, and employed counsel at Dallas, who conducted the suit.
towns from March 1 to
tered at the principal Western
Judge Wood has now overruled the points that the city made, latest dates numbered 2,985,000, against 2,680,000 for the corand his decision confirms the validity of the bonds. It is
The following Is a comparative
reported thit the City of Sherman will consider this decision responding period last season.
summary of aggregate exports from October 26 to July 3d for
as final, and will liquidate its indebtedness.
for July, 6-69o. for August, 6-79o. for

October.

I

Vnlon Paclflc—The land
were as follows

sales in

-1885.-

Junt—

Aertt.

VntuD Ulvlaloa...

84.726
97,074

DtvUlon..
Total

181,800

ToUi

673,857

since Jan.

mount.
$1 J 1.382
142.112
il

857J,49i
18S5.

lU
32,348

.

182,(191

SZ.RSS
149,442

$183,067
$J90,427

-1886.

Amount

Aere».

$S.'>:<.4.'S7

146.018

$17h.0i>9

I,42»,466

120,(;87

666.779

$1,982,923

26«,135
407,222

$1,138,135

In 1886.

two

years:

Pork

Amount.
$376

Acres.

.

Amoftnt,

1,

1886.

.

Deoreaaeln 1886..
•Tan.l to Junt 30- Aertt.
Unlun UlvUliiD
3U.433
Koiuaa OlvUiun.. 3SU.H24

June and

*81 1,788

Baoon,

&o

..lbs.
..lbs.
..lbs.

1885-6.
30,011,200
33l,y2y,963
201.674.106

188437,607,800
311,04S.383
206,648,213

Deo.

7,S96,600

Ino.

20, S8 1.580

4,974,107
Lard
Coffee has been active and prices are dearer on the spot;
fair cargoes of Rio are quoted at 9%c,, with a brisk business
jn mild grades, including Java at 18c., but the tone is quieter
Deo.

Rio options were active and variable, showing at
times considerable speculative excitement, but are later some7
wtiat depressed, closing this afternoon with sellers at '95c.
and
Nov.,
for
Oct.
for July and Aug,, 8c. for Sept., 8-05c.
8l0c. for Dec, Jan. and Feb. and 8'15o. for March. Raw
sugars have been active, but close rather quiet at 4J^o. for fair
Refined
refining Cuba and 5)^0. for centrifugal, 98 deg. test.
sugars are rather slow of sale. Molasses is quiet at 19c. for
50 deg. test. Spices and teas are firm.
Kentucky tobacco has been very quiet, and the business in
seed leaf has fallen off very materially, sales for the week
amoimting to only 1,480 cases as follows : 150 cases 1881 crop
Pennsylvania, 12>^c. ; 230 cases 1882 crop, Pennsylvana,
6@10i.^c. ; 400 cases 1883 crop, Pennsylvania, 6@llo. ; 100
to-day.

Wabish 8t. Louis & Pnclflc—At a meeting of bondholders
of all Divisional mortgages East of the Mississippi River, held
in N. Y. on the 8ih iiist.. Col. O. D. Ashley of the purchasing
committee invit*^ the fullest investigation of the accounts of
the company and advised the appointment of a committee for
that j)ur{x)ee. Mr. H. H. Biiody the chairman has sent the
following notice to the gentlemen app- inted by him to act as
the Bundholdern' Committee "At a meeting of the bondholders of the Wabash Railway Company held at No. 96
Brondiray, July 8, it was Toted that a committee of five perBons, two r- presenting the holders of first mortgage lionds,
two the holders of second mortgage bonds and one representing
the consols, Xte appointed to confer with the Purchasing Com800 cases 1884 crop, Wisconsin
cases 1885 crop, Ohio, 6c.
mittee and report at a subsequent meeting such recommenda10@13c. ; 100 cases 1884 crop. New England
tiODS as they may deem best. In fulfilling this duty it has been Havana seed,
my aim to select gentlemen whose large representations of the Havana seed, 16@2ac., and 200 cases sundries, 6@30d. ; also,
bonds, together with their knowledge of railway affairs and 450 bales Havana, 60c.@$l 12 ; 100 bales Y'ara 1 1 cut privato
their hwh standing, will entitle their report to the respect of all terms, and 300 bales Sumatra at $1 20@$1 423^.
partiex interested. With this end in view I hereby select the
The speculation in crude petroleum has been dull, and
following gentlemen to sprve on said committee Chairman, prices have further declined in the absence of demand, closH. V. Poor, of Poor, White & Co.; Alex. M. White, James B. ing ibis afternoon at 64^cg65o.; crude in bbls. quoted at
Colgate, Geo. F. Peabody and Jacob Stout."
6@63.gc.; refined in bbls. 7c. and in cases 8J^@ 10c. ; naphtha,
The St. Joseph
St. Louis, extending from North Lexing8>ic' Spirits turpentine has been firmer, closing this afterton to St. Joseph, Mo., seventvsix miles, has just been fore- noon, at 34o. Rosins have continued quiet at $1 02^@ $1 05
Hops are
closed and reorganized. The Wabaxh receivers surrendered it for common to good strained. Wool is active.
on April 24, 1888. after operating it at a loss of $76,472 from dearer on bad crop reports.
May 29 1884, to Fet.ruary 28, 1888.
The speculation in metals has continued very dull, except
in block tin, which was to-day quite unsettled; options for
Wh-ellng & Lake F,rle.—The articles of incorporation of July sold at $22 50® $22 35, and for August at $22 45®
the Wiieeluig
Lake Erie Railway Company have been filed 22 40. Pig iron is dull and nominal, but manufactured is held
in the ofHue of th« Secretary of State at Columbus, O.
The higher.
capital Htiick of the new company is set at $3,600 000, divided
Ocean freights have been dull. Shipments of grain were
Into 86,000 shar. s. The Board of Directors was elected as checked by the npeculative advance in prices, and r.ite8 at the
follows: George J. Forest, St. Louis; Melville C. Day. New close are quite nominal; but the steamers are getting a good
York; Daniel E Garrison. St. Louis; M. D. Woodford, George deal of cotton for Great Britain and the north of Europe.
W. Davis. S. C. Reynolds and P. F. Berdan, of Toledo; G. J. Recent petroleum charters are at Ss. 9d, for refined to princiForest, President; D. E. Garrison, Vice-President,
pal ports.
:

;

:

—

&

I

&

JULT

THE CHRONICLE.

10, 188«.]

COTTON.
Friday,

Tm

P. M., July

M

9,

188«,

Indicated by our teleKrama
MOTCHKtrr OF THS CROP,
tram Um Soath u>-ni(;ht, iaffiTen below. For the week endinc
tUa erening 'Julv 9i, the total reoeipta have reached 13,9iU

ViAlO balea

bales, against

laat

MmeipHat-

balea three

JS

320

....

....

....

91S

1,866

198

90

61

....

a»i
113

7

*U

cTs

an

S«

....

....

....

....

....

409
>•

5M

atr

9ft

39

••••

—..

....

....

-••

1

1

7

iBTaaaak
Branaw'k.Aa.

PtBoyakAo.

—~

WHaUactaa....
Korak-dCAe.

...•

MatMk

•

•>>

»•«

....

....

••

48

181

as»

81

19

10

se

S
S
•39

••-

..»

1

WaalI>alBt,*a

Maw York

..*.

....

....

vataa,

uaj

14T

.*«.

^ll^^BB

**>.

..*.

••••

PfeilaMvXAe.

....

....

TMalathlawaaJ

Mil

ajiii

....

•

Total

74

414

363
217

4,511

33

57

.—

Mabihi

JH.

n«>rf.

Vaif.

•->

narUm
Cfcarieatna

Ttm.

1,111

ladlaDala.*a.

Mr Oriaua...

—

1

116

1,554

173

1.669

....

9

S3
931

549
93*
i
787
58«

243
566

4

1

1,332

i.vrr

438

8,977

12,694

and the aame items for (he eamspaadinc periods of

laat rear.

ia6»4«.
9.

wttM.

1,

414
Isd'aalaUke
>aw Oflaaaa

lam.

mmmm^.
1,1884.

1.096
15

448 1,013.397
90 339.114

36i871

76.103
720.491
10.aS7
010.961
7,098
98,610
8.631
061.196

3
0,607

3V.670
5.077
3
1,649

iui

1,361

706

320

8,910
3,360
•18.871
10.437
9,330
13.009

1.930
1U7.'J3S
6.3

(07,633'

257.160

••-

01

10,253
49«,r70
14.810
101.036
7.*31

rtJUral,*e
WltaBlB«toa

ITkaadCka
549
934
8
787

orfblk...
W.F«>lot,*a.

awTork

18
40

580 J83

61

1437

0e,73J

0370

9n,086

3«8,9«7
06,109

118376
S7/M3

1^85.

6,003

U

795761

Bcawnkto

1866.

4|Hj<Ht
11,006

86

4,MI 1,730.174
410 Ma.a63
50.118

nUadaCaUka

fMf
WIBfc

886,004
761

1,M4

10

66.088

no

8938S
43.189
5S,S64

751
1.177

4,041

00
446

•7
570

3,106
4.137

410

39

331

1.564
1.666
•

01
.••a

oa

61

99
169
99
080

Galraal^Ukew

NewOriaaaa.

414

MoMle
Oavanaah

1883.

188*.

1884.

1886.

18661

...

OhairaiXAa
inBirif%*a
WsfMk.
W.Paial.*e.

artat

BriUOn. jyoaea.

•0

•84

wo

736
None.
800

200

200

None.
500
None.
Hone.

Nov.

Nona.

None.
None.
Vone.
4.400
None.

14,900
6,000

6,407
6.053
3,410
203,971
30,296

20,132

1,500

7,078

2,336

80,996

276,687

10,138
10,08S

None.

4.043
4,000

245
150

14,425
15,358

242.755
267,182

....

Total 1886.
Total 1885

3,182
None.
None.
None.
None.
None.
9,000

None.
None.
None.
None.
Nona.
None.

6,000

184
688
04

726

687

167

706

17

138

860

35
680

2,314

Ml

2,0«J

4,604

101
3,490

1,061
8,573

5,933

ToLlUaWk.

13,604

3,a63

6,404

11,034

8.143

18,109

06

aiaaasapt.l. 0373,3971 4719.au 4794,874 AOtOMol 4639.715 0722,045
eiadaa tadkaoia; CkartSiKMhMfalAla Port B.oral. Ao.

Una arsamg reach a

DPUtiroa.

^Iv2lo

M»

;

MT,416 l,aS9.4S«

«T,4ia

47,414

MIJM*
tu,»4t'

m,tm

UMo

HorfMk.

40IM*
aaasu

•I.I-4

njnt

7,874

t4S,a«

Tot*..

It;

Mat

uul

4S4/IM 4*.n8

La«T

itajti

fMi«a< » x ka
Total..

N

.

.

>

ITS,?*

is,ans

i»4,iai
SS.Itl

4JH0

i^«a

4ayjuo ijm»/Kn *.:4*.mi

tJV-r

«.«oi,«»«
"

MTl

i

I£J0j2i

lacia<i>- ;J.>,t»4j»
to OrrM Hntaln lacin
rroni Urwit Brttala to BalUo i>orta.
I

i

TEXAS.

Taaa

at oa

•at.

noB Taas

7
8ni-

9

!«
9t,«

MlddUnc.
a«iod

I

9^

Mid

Otr.O-dMId
Mldd'fralr

S55a^»
VoodOrd

.

Otr.e'dOrd
.I^IK MlAtf
.tf

im

6^
7»,«
8<<
811,,
9>|.

9>i

10

Tk.{rrt.
7»„

I

8>4

9*ia
»>a

10

Wa« Th.

7%'

8%
8>«

8^

We4

Tk.

Frt.

7«i<,

IH

7'i«

'^

7'a

7«a
8T,«

-•*\t

7'fl

7»i(,

»H
9>4
94

8''iA

»•'«.

71|*
7«a
B'tA
ffn

8>i
81B|.
»»li

It

lioi*
lll>a

|ll*i«

8 FAINKD.
flood Ontlnarr

B"*
8'»i«
«li«
9»1«

9'4
9>a

9«u

IIH

:i>„

H'm

lOim lOa.i

atr 4'dMUl io>,a 10S|« li'^s
«idd'(Falr,luil,. ioil|«io%
rair...

117,i«

rrl.

7"-

8*i.

8II|«

Vu

iiZlt

6l»,»

»H

loie

lOI^M

|10H

^pTir^^^H ••«

jjjy^-

io>a
lOJf,

10««

Wa«

9%

ICa

B^

»>4
9>a

9>a

9u,a

loV
Th.

•at.

trtatOood Ordlnarr

1

Holi-

HoU-

day.

day.
1

6>l|«

6>.
7&i«

8»i«
8«*,«

AND

9»a
loi*
lo»V«
lois,.

WrU

6>>ia

6H

8»i«

T'lt
8>4

7V

7J|i

8^

.

itkvrter

SV

10l«
io»,i 10»i»
lO-i, 10<«
lOT.
101*,, lo'a
11»„ 1l>9 Il1>«

lOS.l
10>a
lO^g
ll>a

»"»•

LowMMdUi

9

8ALSB.

The total sales and future deliveries each day during the
week are indicated in the following statement. For the confenienoe of the reader we also add a column which shows at a
glaaoe how the market olosed oa aame daya.
aiLaa or aror Ain> TXAXsrr.

SPOT MAaXBT
OIXMBO.

Wad

M»-

Oon-

1

Spee-] IVim-l

port tump uiTn

$U,

Hoi Idaya

Koa
roaa

Qiilet

nnn

•>,• adv

KInu
gulet and ateadr

lotaL

i»;,4»«

iTi,«a»

mm OBSJtun.
•at.

8lrMOl4..
OaodOrd..

n.tm

Raw

—

OMm'v.f*

sisiw

MMU

Taas

•at. dloB

jMiy 9

TMal,

Ravonaua.

ono

—

i«Atiii.ff

laaa, t« Jint». iim«

1,123

—

total

10 France and' 8,001 to the reat of tbo Oontinent. Below aro
the exports for the week and ainoa September 1. 1885.
I,

841

@

Qraat Britain, 1,597

.

1,000

19.775
6,875

None.
2,300

The speculation in cotton for future delivery at this market
haa been active for the week under review, and pricee have
made unusually wide fluctuations, not only from one day to
another, but on the same day. The reports from the South
refcarding the weather have advised oontinned showers, and
many private letters and dispatches spoke discouragingly
of the oondition of the crop, especially in that sectkm east of the Miaaiasippi River. Advices from Liverpool
and Manoheator have been stronger, and, in ooojunction with
the rapid ivdnotion of atocks, promoted a speculation for the
iIm, which onThoiaday mornmg amounted to 17
33 points.
September became a favorite with the bull party, but the
diatant months of the next crop attracted increased atteation.
To-<1ay an advance followed a mat'-rial itnproremeat
at
Liverpool, bat the demand aooa aubaideU. and p irt of the improvement was soon loat. Cotton waa quiet until yesterday,
when theru waa a good boaineaa for export and home ooniumption. Qootatiooa were advanced l-10o. on Wednesday.
To-<lay th-re waa a further ad vane of l-lOo. but a quiei bud<Mt, middling upUnds oloamg at 9 9-16o.
The total aalea for forward daUvery for the week are 539,300
tiaa.
For immediate delivery the total sales toot up this week
4.900 bales, including 1,000 for export, 8,800 for consumption,
in transit. Of the above,
for speculation and
balea
ware to arrive. The following are the official quotationa for
taeh day of the past week.

1881.

333

2.189
3,480

/Miira

<8>oek.

nxoi.

WiM.

I,50U

Sew York
Mier porta

Low Mldit'c
Itr.LwMlX

l,03i

>cra lo

Ooatl-

1178

•Torfolk

6,1 10

•,188

„,

Ckarieaton
larannali
Satreston..

OUitr

Ar««n
None.

srawOrleana

8lr.e'dOid

11614

ITMt

AT—

2,718

..

AUothan

9,

9

33«2 4.719.543
I3.604 0.373J97
la oaxler that oompanaon m»j oe made with other years,
glre betow the totals a» lasrltm porta for dx
T»«a»

Mtniftfmt-

On SUpboard, not eltand—fmr
July

Tn«all884

i,»ool

...

S.440

New

410

1

Foroompanaign,w*|tft^tbtifoUowInfttableahowmxtlM week'a

July

We

HobUe

U^

tmL

In addition to above exports, our celegrama to-night also give
OS the foUowinj; amounts of cotton on cupboard, not cleared,
add similar figures for
4t the ports named.
York,
vhich are prepared for our special use by Messrs, Carey, Tale
t Lambert. 89 Broad Street.

week, 14,363 bale* the previuua

weeka ainoe; makuK the total
leeeipta lince the tat of SeDtember, 1885, \?T3.897 balea, against
4,719,543 balea for the aame period of 1884-85, ahowing »n
laoraaae ainoe September 1, 1885, of 553,854 balea.

week and M,881

51

500 972
400 876
6001,330
100 793
1,6003,8601

nxoi.

erUt,

{

1,472 100.000
1,82(> l(i8.40O

2,400
2.O0O
l.OOO

8»2,123,300,

SOO

776

l:<7,.'i00

4,960,529,200l 5,900

TBa dallT dellverlea given above are aotuaUy delivered the day
provtow u> tbat on wUon they are reiwrtad,
Thb SAXiM AND PBIOKB OF FVTVBMB are Bhown by the foUowina oomprehenaive table. In the tatement will be found the
iailT market, the prices of sales for each month each day, and
the olosLog bida. in addition to the daily and total aalea.

1

1

:

1

«

.

;

THE CHRONICLR

62

"^
era »
c;^|
f3o5
if S5|i G3ff Q3|i S5f| agsg
-N |il| llfl llfl Pll ti?|
II I«ws«P-bs^
^•gsr

^"s^h

I!'

II

[Vou XLin.

Xhk V18IBLB Supply of cotton to-ni^lit, as made up by cable
»nd telegraph, ia as follows. The Continental stocks, as well 8b
thof e for Great Britain and the afloat, aj-e this week's returnp,
»nd consequently all the European figures are brought down
But to make the totals ttie comnleto
to Thursday evening.
figures for to-night (July 9;, we add the item of exports frc
the United States, including in it the exports of Friday only,

31-

m

|gi«igi^ iii?

Stock at LlTerpool
Stock at London

§

1886.
64S),000
Vil.OOO

bales.

1885.

1884

SI^.OOO
19,000

887.000
53,000

814,000
4.000
45,700
14,000

1883.
99.'i,o0O

52,100

Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp

670,000
4.0)0

1,300

flOO

Stookatnavre
Stock at Marseilles
Stock at Barcelona
SMKsk at Genoa
Stock at Trieste

153,000
7,000
61,000
19,000
11,000

177,000
4.000
61,000
9,000
7,000

910,000 1,017,100
4,500
3,100
70,000
50,600
35.000
61,000
aCO
2,300
3,100
8,500
131,000
220.000
G.OOO
9,900
63,000
88,000
13,000
18,000
12.000
12,000

Total Continental stocks

327,100

356,000

413.800

Total European stocks
India cotton afloat for Europe.

nf<7,100

Amer'n

cott'u afloat for Eur pe
Epypt,Brazll,&c.,afltfor E'r'pe
United States ports ..
Stock In U. 8. Interior towns..
United States exports toKlay ..

118.000
4,000

Stooii In

307,ti33

lO.'iOO

27,000

400

600

361,700

^ZfO.OOO 1,383,800 1,108,800
251,000 27.%000
2k3,000
179,000
76.000
22,000

81,000
5,000
257,180
25,390
2,200

68.6S2
5,563

101,000
38,000
353.671
59,633
2,300

28:^.510
26,7«t>

14,000

1,723,978 1,719,770 2,056,106 2,23S,107
Total visible supply
Of the above, the totals of American and otber descriptions are as roUov s

Amenean—

American afloat

for

68,fib2

607,000
243.000
81,000
257,180
25.390

5,563

2.200

171,000
230.000
118.000
207,633

bales

Liverpool stock
Continental stooks

Europe...

United States stock
United States interior stocks..
United States exports to^iay..

.564.000

276,000
76.000
28.!,510

26,7d6
11,000

712,000
228,000
101,000
353,074
59,633
2,300

...1,200,878 1,215,770 1,239,306 1,186,607
Total American
Ea$i Indian. Brant, dU.—
253,000
218.000 323.000
178,000
L'verpool stock
52,100
53.000
19,000
21,000
London stock
133,700
167.600
97,100
113.000
Oontlnental stocks
276,000
S 5 1,000
223,000
179.000
India afloat for Europe
22,000
38,000
4.000
5,000
Egypt, BrazU, Ac, afloat

&0

Total East India,
Total American

t09

C0»

tew

^

P.-lc^

9

9

03:
CO

*»

gcuOm

rflOco

Key

^
^

o

aos

«o
aw

t

•

I

r

compared with 1883.
At THE Interior Towns the movement that is the receipts
for the week and since Sept, 1, the ehipments for the week, and
the stocks to-night, and the same items for the corresponding

—

-^

«» 5

a

ilW

«>o:

I

a

week have been

The above figures indicate a decrease in the cotton in sight
to-night of 25,793 bales as compared with the same date of
1885, a decrease of 332,128 bales as compared with the corresponding date of 1884 and a decrease of 514,429 bales as

op:

ceo

00

into CJontinental ports this

45,000 bales.

cJeo
I

COtDc

eif The imports

>

(Oq<D
I
•

^

751,800

1,723,978 1,749,770 2,056.106 2,238,107
Total visible supply
5'«<1.
5%!.
B^ied.
6''i«d.
Mid. Up!., Liverpool
gsiigO.
lie.
lOiieC
lO^so.
Price Mid. Upl.. New York....

9
I

<cco

n

81H,800

534.000

553,100

1,200,878 1,315,770 1,239,306 1,186,607

x

period of 1884-85

:

—

is

set out in detail in the following statement.

10

tseoto

-00

!•

w»?

o

ojOp

oa

COCD

^
2

WW

8

dot

"
:

I

«>':

WWCyi

-i-jo«

OD*i

«»
5

:i

5
I*
WO) 2
I

9

qa

ad
CO

ou-'i

:

1

<»2

^

*^

COi^

<3:citaaiCt^»^<Afoa>
lino

ODD

e

A

I"?

1

wo o

OD

1

5

1

1

:

1

n;

o
3
OD

l«:

11!

1

I

--c c*;

-.0 .-J

rf»

I

Ills
1

•:

I

:^ -1
M w c: CJ o c; w M
o
c
<i
MMa:rf^a^^uLcoc3C^w«coauxo^^

^ w»«co:ww
to
M — xy»o,i,-io

i

-1

•:

1

KC50DO;«,-t5

OD

I

1

,-

»-•

:

I

!

^

••

w

(oueo..]»o<>(xo

oc^jy-^ t:oswwopoc*.eopestoc;c|o

!

M

00

^

*.. •
CO tC CJ .w' cj *> jj

§w

Mi

I

I

C5
CD
K>

!

1;

»J«

r:

f.

,-»vJM»-'«-'^^l

MMMOito 03 MO' H*^'o*-OlOK)y<
Ci i*»-cCHXtcnoCTM
tf^OOt"M<ltOMWrf^. U^^^Xia^l^OQ
Ol^Oi)wJlGD^^M^:

If

J
'885, for September. 130.200; Sontem
tJ5!!?I"'?**^*l'"^P'*"'*'">
b«r-October, tor Oetober. *>l.70O; 8ept«ml.e<-.Vnvember. for
No«inih«7.
4J6.40O; BeoU,niber.I>«»mber. for L)Soem.H,r. !'2^:2J)0;
BeptemWMai
J»nu»rT. ^()0l.-2.>>,; September-Febniary, for F«l,iuarv
S^a/?' 8ei.t*inl>er-M.,rrli. for March. l.745.40it;
p?6.WN
8ci.t.ml.or-AnrM'

w oa O'
t3
CD

Ci)

M

CJ>

Weaoewlsf a 5 jo.; TbarMla7> 0-55o.; Friday, 9-6J0.
,

.

kO H«

^'''

"t

'
""
t2
KS- J"
•19 pd.
to orh. )J"",
,< ( u u.i. Joi Aug.
.10 pd. 10 eich.
I c t lor J.ii. "
'Oa pd. .oe«l.. 1,J«. 8- pt. lor A,>s.

I-C.ltd topxrh inn Ponf

MMOocOi^^osai-a^woowwO'i'"*-©

o WW

•

;

^""""y'

&s

UO

^: CO 9.
f«,. a....

":
'
° "••^•' 1' S ftt ./?J,fu"'10 td. to «ch 400 n. <• fm- i,.,',
04 pd tS Mch' 4G0 li Iv f„i i ,'
Si It IS e"b. 8t o"ls^V.'?c, cfc.

«»

A"'-'

•

1

'

|

-Acs

t*

The following exchanges hare been made during the
week
•Oepd. tofxrb. SCOJiiIyfor Arir.

oc;iab9

'tC

'rfk

It
•fflbefoaiKluDrter e»ai<rav followinu the abbreviation •' Avw '
Tt.
«•»«« fur cacb month for th« week U aKo given at bottom
uf tallc

OOu.;

a:

r-

-^1

"">'"*»<* >n "»• ?ho»« t«>>I«. and «Ii«ll oontinn*
each
,^?
""T?
Klve.
_jj_to
tHe »»ara«i prloe of faturea «»oh day for eaoh
month

I-*

^

M CO ^
Vc
Co'—
M
t^ I— Si O* TC » O
(X 1^ u< o
to o

;

9

II

01 ^d

•^

» OD o 10
:

'

Tills year«' Ilgures

Ih6 above

i^t'

U O 3: to

•-

a3:O»90tCd-4«bOCa

eoUmated.

totaia

chow that the old interior etocbs hare
week 8,787 bales and are lo-night 43,393

(Itoreaa^d during the

I

—
JCLY

10.

I

THE CHRONICLE

188iw]

at
iMlM more Uian at tma a>ua« period last year. The receipw
than the same
the aame towna have beeo Wl balee more
week last ysM-. »nd since September 1 the reoejpta at all tte
than for the same time in 18S1-5.
t wna are 7J),853 b»le« more
Quotations ro* Middu.no Cottos at Otheb Markkts.—

of mid.Uing
jT th^ ta')l-> >»! I'w "* «n'» 'he olmin-^ nuototions
ooctoa at Suuthem and other prmciiwil cotton maricew lor each
ci the iMMt week.

d^

oumro QooTATiom

WtM

*mU>tt
Jut^ V.

hidoum

ootioh o«-

Wtiiua.

Ikttrt.

Ttm.

man.

aahir.

fob

*W.
8'»i«
9»e

r-

ealTWtoa...

•vOriaM*.

9

MoWte
8«Taoiiak

..

.

WUmlngUn

8\
9^

8%

..

Sorfolk
Beitoii

...

IS

9
9

MMBVhto""
M. LMto.....

9

9^

IV

9
8»,
9V|

8^

9

a*
9>«

9

9

\

9*'

al>vlIle..V.'

9

9H
BH
»'s
SH

Si;

SK)

9

RaoKim raoM tbi PuamATunn.—The

following uble
Indimtea the actual morement each week from the plan
The flgnree do not inolnde orarUnd receipts nor
tatiou.

Boathem ooiMampUon: they an eimpty « itatemen t
weeUr novwBMit boni the piaatatioaa of that part of the crop

of the

wUoh llBaUy teaebaa the Bttrket throuich the oatporta.
ma»rfU.

mrkm Ulm%>r It MM. amrwiMMm JtoafM.

wm.
Jaaa

4..

"

M..

I

uaiu

1881.

1

me.

IMS.

IMM

II..

.to;

t«.ia»

ttnrt Bt.>«l,

MAM

1

L'tiing, Texas.— We have had delightful showers on two
days of the week, exteadin^ over a wide surfdce, and doing
imoiense gooJ. The raiafall reached one inch and forty-six
huudre<ith<. Com has baen hurt in sjme upUnd sections, but
cotton is magnificnt everywhere, and is bjginnins ti open.
The theriuometer has averaged So, the highest being 93 and

the lowest 73.

Columbia, Texas.— It has rained on three days of the we«k,
the rainfall reaching seventy-three hundredths of an inch.
Crops are magaiQcent and picking will be^in early.
The
thermometer hai averaged 83, ranging from 67 to 93.
Cuero, Texas.— Tuen have been MneQcial rains on three
days of the week, the rainfall reaching one inch and oightyone hundredths. The cotton plant looks strong aTxd healthy,
and begins to open. Prospects were never be: ter. Tau thermometer has ranged from 08 to 09, averaging 87.
Brenham, Texas. It has rained on three days of the week,
the rainfall reaching forty-three hundredths of an inch. All
crops are very fine. Cotton looks strong and healthy, and the
fields are clean.
The thermometer has ranged from 03 to 98,

—

averaging

85.

—

The weather has been warm and dry alt
Cotton looks strong and healthy, and is growing
nicely. The fields are clear of weeks and grass, and the
prospects are almost unprecedentedly good.
Average thermometer 8 1, highest 98, lowest 63.
Weatherfojrd, Texas. There has been no rain all the week.
We are needing it, but cotton looks healihy ami strong. The
thermometer has averaged 80, the highest being 03, and the
BelCon, 'Texas.

thewetk.

9>«
9«t

5"*

53

—

lowest 5 7.
Bsvo Orleans, Xouirtona.—
have had rain on three
days of the week, the rainfall reaching two inches and
twenty-eight hundredths. The thermometer has averaged 81.
Sftreceport, Louisiana. Riinfall for the week forty-four
bun>lrtdi:is uf an incM. The thermometer has averaged 81,

We

—

ranging (luji

7

1.8 IS

>

I1.M1

Ctf

to 91.

Columbus, Missisnppl.—ll has rained on one day of the
week, the rainfall reaoning twenty hundredths of an inch.
o.'nii
MJMt aSMll n.»n, w,
The i,hermoaiet«-r has rang>^ from 60 to 90, avenging 77.
|«Ml( 8Uad IMW, MMM
Jair »..
Lelaiut, Mustssippi. We are wanting rain t>adly, as the
3 Mi
•.4M 9fm l»,;t' Iljtil tS-Tll —
ground is getting tiard and cotton is growing very slow. The
total
from
raoeipia
The above •tatenieat anowa 1. That the
weather has been pleasant during the week. The thermomethe iJanlatione aiaoe September 1. 188% are 6.885,906 bales
ter has av< raged 70 3, the higlie t being 09 and the lowest 65.
were
4.7n,<»9
balea.
t88Mt
In 18M« w«ra 4,1*1,088 talaa; ia
LlUl* Roen, Arkatiaas.-^be past week has been fair, with
8.—That, allhongh the raeaipta at the oatporta the past week light rain oo Tnmsday. The rainfall reached tyi hundredths
wat
moveoMnt
from
plantations
aotoal
WM« IS.QM balea, the
oi an inch. There are good reports generallyfrom fanners,
only 8,861 balea, the balance being taken (rom the stocks at and moat of them are now ready for some rain, though it is
reoeiptB
(rom
th*
plantations
year
the
interior
towna.
Laat
the
not needed. The thermometer has averaged 79, ranging from
balea and for 18M th^y were 67 to VI. List week was fair to clear, with light rain on two
for Ae aame week were
«574 bake.
di^ to the extent of eighty-one hundredths of an inch.
In the Uble below Average tliennometer 76, hi.^hest 89 and lowest 6 J.
Aaouirr or Oorroii
BMvr Joct
we ciTe the leoeipto ftam piantatlaaB in another form, and add
Msridian, Mississippt.—\V» are having too much rain.
to &em Vbm aat Oft^aaa mamateOHoJaly 1, and also tb« In some sections rain lias fnUen on everyday of the week.
taldn^i by Southern epinuei a to the eame date, eo ae to gir* Crap prospects oontinue unfavorable. Tne thermometer has
•ubstantially the amount of oottoa now in aixfat.
langed from 66 to 96.
Helena, Arkansas.— It has rained slightly on one day, and
l«8»4«. 18«4-«ft. 18a»««. lSst-83.
the remainder of the week has bren pTeusant. Farmers are
KMSlpu Mtka porta to J'ljr 9. 3./73,307 «.719,»«J 4,79437« 5,9ia.»8e clearing the fields of grass, but need rain. The thermometer
has ranged from 64 to 90, averaging 79.
lalstlor atosks oo Jalr w ii>
•.7.91»
II
61,811
8S,«77
Memphis, I'ennesste.-Yf* had rain on Tuesday and
1M. TCOilpla Ikass ptaaUlB*
1.781,03* t.777.6«9&,ee8.2e3 Wednesday, twit the weather is now hot and sultry, with indi8ie,fta8
K«tOT«t]aa«ieJatarl
eo6,M« 8TS.9M ea7.«U8 oations of rain. Tlie rainfall reached forty-eight hundredths
eoaiaaiB asasaaia'B to Jlr i
9«1,0«0 MS.eOb SI8.0U0 of an inch. Good progress is being made in clearing the
a.MI.T<M VM^.aos Ve«3,3l» 16,923.961 fields of weeds. Average thermometer 79, liighest 91 and
TjtaltaiicktJalr9.
8^1

^-

'

-

—

—

n

9—

1

I

lowest 09.

srOutm

ipliuMn' takliim

l,7U.0^e l,337,3A» 1,5174*71 1, «««.104

Jul}

U^-orcatj

tnm aaytaotlMr 1.

ko (MB or Ibo abOTo that tbo laerMM In kmoant In •Uht
• •tniMriol wtih |M( lOBT, Is 891,161 ImIo*, UiD Mereaac
oumjn'-(i-s* k 8W,Mn bales and the decrease troin

It wtU
to-alicai.

M

M

WKiniui Bcrosn >T TKUaiAPB.— Oar

advices by tele-

lo-aiKbt indicate that the rains coDtinnepxcsaiTe in the
l(>«ater paii of the Atlantic and in a oooaiderable portion of
Uie Oali Bialea, and it is claimed thai in oonsequ»ncc the
pro^cts in those sect loos are considerably Impairwd . I a other
FFCtion.s th*- Weather conditions liave been favorable to crop
dcTelopiiu'tit.
The outlook in Texas is now decidedly Kood.
€htlceMo», Texas.— ll has raini^l on two days of the week,
the rainfall reacblnx tbirty-fuur hundredths of an inch.
Aversite thermometer 8J, highest !» and lowest S3.
tnilianula, Tesa*.—U rained lightly on on^ dty of the
wn-k •>'.• r«..,f.ii
t,ing („^ hundredth of an inch.
The
f
iisinKly.
The thermometer has avergra^^li

'

ugf
i»i( DOand the lowe:<t 70.
^aUslift4, 2'eMU. We have had delightfnl «bowi>r8 on two
days of thn week, and the indications are that tbpy extended
over a wide sorface. The rainfall reached sixty-onu liundrMthsof an inch. Crops are fine. The thermometer has
atera^ted 81. ranxiog from 63 to 93.
MuhUeiUe, Texa*.—R»in his fallen splendidly on three
'liiin 6rthe «p»-k. to tli« extent of sixty-two hundre<Jtha of an
nicely. Ttie tiiermometer lias ranged
I

—

:

.,'83.

wi^ther has l)p«n warm and dry all
< rimtinue very promismg. Average therlowest <M.
ve been showers on two days of

/

l'i.«

''
'''

'

.

"i
'"

I

>' •<To'<>T-flTe
'

BashoiUe. 7Vnn*iM«.— We have hid rain on three days of

u

hundredths of an
Average tber-

iiingly.

the week, the rainfall reaching thirty three hundrotths of an
thifrmometer hai averaged 78, ilie highest being 91
rest 64.

AMtama.—li

has rained severely on one day of theweek' and has been showery on two days, the rainfall rea- hiog
one inch and five hundredths. Oi upiands crop accounts are
more favorable, and good pro.;rr(8 is being made in clearlog
the fields, but on lowlands much damage has been done and
some land abandoned. The theriuomctor h>s average! 78,
ranging from ny to 9*^.
had rain on four days in the
Jtontgomeri/, Alabama.—
early p.irt of the week, but the latter portion has been clear
and pleasant. The rainfall reached two inches and sixteen
banOredt&B. Weeds are giving trouble in the prairi-s, and we
h«»r of some land being abandoned. Uplands are doing well.
fortnight of dry weather is needed to kill grass. The ther,

We

A

W

momo-.er has ranged from
to 03, averaging 77.
Betma, Alabama. Telegram not recei%-ea.
Auburn, Al'ihiima. It baa rained on three days of the
week, the rainfall reaching thirty-three hundredths of an
inch. We arc having too much rain, and it is claimed that
damage has been done. Crop accounts are less favorable, as

—

—

weeds ore growing so fast as to become troublesooie. The
thermometer has averaged 709, the highest beiag 88 and the
lowest 67.

Madison, Florida.— \We have had rain on four days of the
week, the rainfall reaching sixty hundredths of an inch.
The cotton plant looks strong and healthy, but weeds are
growing so fast os to become troubloflime. The thermometer
has averaged 78, ranging from 60 to 98.
Macon, Georgia.— U has been showery on three days of
the week. Dry weather is mucti needed to enable the crop
to be worked.
t',,i.umhHs, Georgia.
We are liaving to.i much rain, it
The rainfoll reached
:ien on fvery diy of th') week.
H and sixteen hundredths, of which three iuchesaa

—

I

I

—

.

THE CHRONICLE.

54

twenly-foor hundredths fell on Thursday. It is claimed that
much dainane has be«n done, and that some planters have
abandoned tteliis in Prairie County. Pro8t)eets are the bluest
and lowest VS.
in years. Avrrage thermometer 79, highest 8tj
Savanna/i, t/eoryia.— It has rained on four days, and the
remainder of the week ha« b en ple.sant. The ramfall reached
one inch and fifty hundredths. Tne thermometer has averaged
79, the highest being 89 and the lo*e8t 70.
AuguAta, Georgia.— The weather has been warm, sultry
and wet during the week. The rainfall reached one inch
and thirty-live hundredths. There is no improvement in
crop accounts. The outlook is bad. Continued rains retard
the development of cotton to a great extent. The thermometer has average<l 77, ranging from 63 to 81.
Atlanta, tfeort/ta— Telegram not received.
Cttarlenton, South Carolina.— There has been rain on one
day of the week to the extent of one hundredth of an inch.
Average thermometer 80, highest 89, lowest 67.
Stateburg, SuiUh Varoltna.—H has rained lightly here on
four days of the week, the rainfall reaching thirty-three
hundredths of hh inch. Nearby the ram was heavier. The
thermometer has averaged 75 8, ranging from 64*5 to 86.
WiUon, North Carolina. We have had rain on five days
of the week, the rainfall reaching two inches and seventy-two
hundredths. There has been too much rain. The thermometer
has ranged from 70 to 89, averaging 79.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
July 8, 1886, and July 9, 1885.

—

J'ly9,

J'/y8.'8tt.

Above low-water mark.
Above low-water mark.

Nanhville...
Bhrereport...

...Above low-water mark.
..Above low-water-mark.
....Above low-water-mark.

VIokahuTK
*

Feel.

IncK

3
2

4
16

4

4

8
2
1

3

21
31

Inch.

Fail.

Rew Orleans*
HemiiliU

11

20
9
2

30

'85.

4
5

Now

Mark

reported alwve low-water mark. Instead of below hlgb-water
aa prior to October 30, 1885.

—

India Cotton Movbmbnt psom all Ports. The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to July 8.

BOKBXT KB0BIPT8 AXD gHIPHEIITS FOR POUR TEARS.
week

8lt,ipmtnt$ thit
Jtcct Qreal

I

Conn- _

BHen.\ nent.

.

j

BMpmtntt
Great

,

Since Jan.

BeeeipU.

1.

ThU

Oonti'
nent.

*™»J. Britain

Total.

Week.

Tear.

1886
7.000 7,000 292.000 610,000 902.000 12.000 1,304.000
1885 2,000 13,000 15.1100 20^.000,401.000 es.i.ooo 9,000 9S5,O*i0
1884 2.000 3,000; .-1.000,162,000 582.000 1,044,000 6,000 1.503,000
18S3 8.0001 4,000,12,0001421,0001752,000 1,173,000 4,000| 1,515,000

According to the foregoing, Bombay appears to show an
inerease compared with last year in the week's receipts of
8,00C bales, and a dearease in shipmente of 8,000 bales, and
the shipments since January 1 show an inorease of 339,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
Tears, has been as follows.
"Other porta" cover Ceylon,
Tntioorin, Kurrachee

E cports

[Vol.

1883-84.

1885-88.

1834-95.

Thi$
Since
vtek. Sept. 1.

TMt Since
week. Sept. 1

230.000
2,000 173,000

1,000 200,000j

251,000
138,000

2,000 403,000

l.OOO 498.000

389,000

Thf dinee
week. Sept. 1.

(bales)—

«) Liverpool
To Oontlnent

...

Total Enrooe.
*

XUII.

A oaatar Is 98

298.000

lbs.

This statement shows that the receipts for the week ending
July 7 were
cantars and the shipments to all Europe
3,000 balee.

Manchester Market.— Our report received from Manchester to-niKht states that the market continues firm for both
yarns and shirtings. 333 cop twist is quoted at ^}4@^H^• and
8}4 lb. shirtintrsat 58. 7d.@63. 7d.
Eoyptian Crop.— Mr. Fr. Jac. Andres' circular, dated at

New

York, July 5, gives advices on cotton from Alexandria,
Egypt, of June 14, as follows: "The we ither during the months
of April and May has been extremely cool, retarding the growth
of the cotton plant; but this month (June) brought us hot,
forcing temperature, and reports from the interior are more
favorable."

Texas Crop.—Under date of Paris, Texas, July 1, Messrs.
Martin, Wise & Fitzhugh report as follows:
"Since our last report tbo woatlier has been such as to promote the
rapid growth of the coiton plant, and on the whole the condition at the
present writing is vory favorable. We tear, however, that \tb may have
too much rain. The w.-ather remain* unsettled, with present indica.
tions of more rain. The plant now is showins a tendency to go too much
to weed and to l)ecom6 too sappy. With continued rains this tendency
will become agsravaicd, and In this section this is a condition that is to
bH feared more than drouth at this season of the year. With a dry July
the heretofore favorable condition would continue ai:d improve."
JUTE Butts, Bagoino, &c.

—The

market has not been

active since our last, and only a fair amount of bagging has
been taken. The orders have been confined to filling the
present wants of the trade. Prices are steady and sellers are
quoting 6}^c. for l]4 lb., 7iii^c. for 1% lb., 8c. for 3 lb. and
8?:£c. for standard grades, but a large lot could be had at a
shade less. Butts are not active, and we only hear of a few
small lots being taken. Some business is reported as being
done to arrive, but we did not hear what quantity. Prices are
about as last and paper grades are quoted at i%@'i%<i; while
bagging qualities are held at 2i4@3%c.

SrappiNQ News.

—The

exports of cotton from the United

States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, theea
43, 134 bales.
are the same exports reported by telegraph, and published in
With regard to New York we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Thursday
night of this week.
Total balet
New York—To Liverpool, per steamers Adriatic, 558 Ari-

—

zona. 1.5S3....City of Berlin. 1.239... .Enrique, 1,612....
Spain, 2,74 i....Trinacria. l,425....Umbria, 213
To Hull, per steamer Otranto. 1,563
To Leith, per steamer Crystal, 896
To Havre, per steamer La BourifOKue, 1,587

and Coconada.

To Bamburg, per steamers

Qreat
Britain,

Oaloatta—
1886

_

Oonlinent.

BMpmtnt$ tinee January

tteek.
,

Sreat
Britain.

.

»»<«'•

1,000

1,000

Total

,,

.

Oontinent.

52,000
54,400

1885..

1886
1885
All others—
1886
1885

_

_

Total.

34,000
15,000

86,000
69,100

3,000
4,000

600

20.000
23,100

600

1.

3.000
4,000

12,000
24,000

32,000
47,100

aU1,000

1,000

600

Tlw above

75,000
81,500

600

46.000
39,000

121,000
120,500

week show that the movement from
Bombay is 400 bales more than same
For the whole of India, therefore, the total
niipmentB smoe January 1, 1886, and for the corresponding
totals for the

year.

periods of the

two previous

years, are as follows:
axpoRTs TO aoBOPS FBOH AXd. raoiA.
1886.

Mipmentt

ThU

loalt Buropt

from^—
All other ports.

7,000
1,000

1885.

Wne*
Jan.

,

Total

220
2,000

200

Flortdi«n. 5,758. ...Sculptor, l,.'i09
G.VI.VE8T">N— To Vera C3ruz, per steamer Harlan, 1,298
Norfolk—To Liverpool, per ship Prince Victor, .5,399
bALTiMouE To Liverpool, vierstearaer Meutmore, 1,415-..'....

—

Liverpool, per steamers

9,017
1,298
5,399
1,415

212

To Bremen, per steamer America, 212

Boston— To

ScytMa,

Iowa, 2,035

4,9.S3

2'18 ...Venetian, 2,6.iO

20
779

To Yarmouth, per steamer Dominion, 20
Liverpool, per steamer Lord Gough, 779

PmLAUELi-mA- To

...—
~ 42,124
particulars of these shipments, arranged in our usual
form, are as follows:
Barce- Ytra
Brelona Oriie <t
men <t
HiUl
Total

Liver-

iba ports other than

Bombay

3,189

To Antwerp, per steamer Pennland, 220
To Barceloua, per ste imer HurRundia, 2,000
To Genoa, pt*r steamer Furnessia, 200
New Orleans—To Liverpool, per steamers Ealing, 1,750

The

1886
1885

week last

896
1,587

Hammonla,

California, 2,290

899
Bhipmentt for the

9,376

1,563

nif

I.

902,000
121,000

15,000

8,00o|l,023,000

Sinee
Jan. 1.

pool.

York.
N. Orleans
Galveston

9,376 2,459
9,017

Norfolk....
Baltimore..

5,399
1.415
4,953

Boston
Phlladelp'a

1884.

ThU
toeek.

Binet

Jan.

1.

600

663.000
120,500

5.000 1,044.000
600, 166,500

15,60O|

783,500

5,50O! 1,210,500

Ham-

and

Leith. Savre. burg.

New

1,587

Yar<«
Antwerp. Genoa, mouth.

220 2,200

3,189

20
1,318

42,124

1,298

212

779

779

Total... 30,939

Total,

1»,031
9.017
l,i98
5,399
1.627
4.973

2,459

1,587

220 2.200

3,401

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Nbw Orleans—For Liverpool-July 2—Bteamer Historian, 2,771....
July 3—Steamer Haytien, 4,280. ...July 6—Steamer Andean,
3,843

July 7 -Steamer nisoover,

Amxahdeia Ewjeptb and SHiPMmncs.—Through arrangeFor Bremen— July 3— Steamer Elmfleld, 2,049.
For Hamburg— July 2— Steamer Robinla. 268.
meats we have made with Messrs, Davies, Benachi & Co.,
of Boston— For l.,iverpool— June 30—Steamer Catalonia, 1,212, ...July 6—
"rerpool sad Alexandria, we now receive a weekly cable
Steamer Kansas
of

July 5 -Steamer Do-

For Yarmouth— July 2—Steairer Alpha,
** Alexandria, Egypt. The foUowing
£S2S!!!SS!£**
^'P?
WB me receipUi and
minion, SO.
shipmente for the past week and for the
For Liverpool—July 6— Steamer Oallfomlan,
BALTIMOUE—
octiHSiiunding week of the previous two years.
7—Steamer Barrowmore,
PH11.ADKLPHIA— For Liverpool— June 29—Steamer British
1885-86.
July 6— Steamer Lord Clive,
July 7.
1884-85.
1883-«4.
25

July

.

King, 1,408

.

Below we give

Beesipu loan tan*)—
Tkli week...
BInoe Sept. 1

sels

S,8T2,o6b

8,613i6od

t,6il,o6o

news received to date of disasters to ves
carry cotton from United States ports, &c.:
all

IBIS (i>arV). Li::bter Oak, arrived at Hyannis,
cotton from wr ck of bark Ibis.

July

1,

with 26 bales o'

<

Jdlt

'

THE CBRONICLE.

10, 1888.]

Oonon frei^hta the

past

The receat rapid reducwas followed early in the
JH
rHM. VMM* Tlutr$.
week by accounts from the Northwest of damage to the
growing crop of spring wheat by intense heat and scorching
».«
•e4
•m
•m
....
.••.
....
• •••
winds. The thermometer indicated at some points 110 degrees
»«•"« »!.•>'» of heat in the shade, and the wind was described as similar to
.»ie
•le
....
..«.>
....
>-«
a sirocco from the d>-tiert. An excited specuUtion for the
»»»
»»M
»M
>'n
rise followed, but on Wednesday afiernooa and yesterday a
....
....
..»
..*•
portion of the advance was lost. Ritna were reportel to have
hs
he
•i«
*w
relieved the drought, the temperature was lower, and the
....
....
....
chfck to exports, arising from the higher prices, discouraged
3597V 3Sa7>s' 38«7't* 3537%" BpeculatiOD. To-day there was little ohaage from laiit night's
....
...
....
••—
cloeiuK prices until the last hour, when there was a small
»M
>*S4
»«M
"m advance. There is some revival of business for exfMrt.

week have been

in prices have taken a wide range.

as follows:

made

tion

JTon.

Bmttir.

Uv«fpooI,«teuiA

;

«aU...rf.
Do
BMrn, iteim...^

mn

Do

t
a

«.

Br—.

01 Willi.. ft

Do

U....e.

H—Mm. St— me.
•U....&
A^d'm. tMiu.c.
Do
MU...a.

oral,

B3

d

...^

.».

....

....

•u

•u

•l.

•u
If

T«»««

»«•««

^a

Par 100

no. a

aoL

«

>•

>«

>•

ouMoio raiocs of

04ii.r

»«••. ••.•"i ••m*-* »»«»«4
•

in the visible supply

—

tMun....tf.

hU

Do

H
s
^
n

1

Do

55

Itw.

JnlrdeUverr
Aiutiist deUverr
SepucDber daUvtty
Ootutwr delivery

aao wtHrsB wrkat.

Man.

J

i
«
^
H

••

I
a
o

IW*.

Wtd.

8ti%
87»8
8S>e
8B<e

87

Thurt.

87

Fri.

87Vl

86>4

SS'g
bU^B

Wt

90 Is

87 «

88>«

88%
88H

89 1«
90>«
92*4
».<%
97>t

tnllvety. ......
\ 91
92>s
n
Llv^tfOOL.— Bt cable from UvenMol, we hare the foUowlnn Jaananr delivery.,
92
9
93\
We May delivery.
97'*
97 T.
BJ'S
g^Tiii--^"* of the weekt Mlea, rtooka, *a. at that port.
oomparieon.
on
Wednetdar
were
about
4 cents above
Mora.— The Uckeat prices
add pnrriaas wiiuti for
9-2

"fl

tke ctoaioK flxoraa.

Jtm*\»
I

wwk

of the

Ji.lW 9.

38.000 ~50.000 "••.OOU

balM-

1.000
1.000

or wttlrh expurten took
Of whlek •pnouutlorf look
k

Indian com, so far as the speculation in futures was oonoemed, sympathized largely with the movement in wheat,
though not'atfected. except remotely, by the same induences;
3.0(10
A sudfor crop accounts have geoerally continued very fdir.
.''.000
5D.000 d«i advance was followed by an equally sudden decline. The

JWy2.

/WMtA.

AfliB.«lJlii.

e.000

1.000
4JK>0

S.000
6.000
41.000
a.000
8.000
671.000

M.000

4»\OO0
37XM0

70.000;

54.00V
iae.oo«
7«.000!

41.000

64I>.U00

export moTement has continued very moderate.
UAXUX ouMora paioBS or ao a mixed ooaa.

47 i. 000
69.000

ntj

4i.O<IO

I

234,001

13t.0OO

4.000
IH.OOO

••oou
8.000
003.000
401.000

I01.«

13?.000
tfti.OOO

The tooB of tho Uverpool market for maM and futures each
day of tb« week ending July 0, aod the daily elodng prioeo
tt spot oottoa. haTe been as foUa>wa:
thttnd^.

»«4

5^

6»i.

lt.Ot>.

1.000

11.000
2.000

14.000

14.000
3.000

1.000

•Maty

r«fse»

Maital,

(

Market.
4 r. M.

(
(

12.000
l.LUO

el Statdr

die |ncaa at futures at
of tlio weak anypraa below. Thee*
of Uplaada, Low MfldUng clauae, imleaa

—
Mb. J all 3.

4elv S.

U^M
4
• II • It •

4-

U

Sit Sit' Sit Sit
I

I

1V7

»« BM •< >«
B«i tor tM B«
• 04 404 S44

Wa da aa.,Jaly

I«W

4.

4.

OlM.
B.

««*„ Jalr

7.

Tac, Jair 0.

4.

A aa-San-

Daa^ai)..
Jaa-r*ti-.

46

46^

4«i%

46%
47%
Speculation was
46?,

4Tt

^c
e^

MVt
34%

a***

83%

34%
S<%
S3''g

34%
83%
S3%

SB9

2gs«

Sd

oa« Bi^
4.

4.

4.

4.

BIB BIS BIS
SIB B|} Bl«
BU BIS SU
BIB sib' 1^

BU BU
BOS
BOS
BBS
BOS

5 IB
5 14
i 14
r,

Bl'J

5 1)

soil BOO
bob' SOS

BOS
S«B
BOB
SOS

BOB
SIM

I

rrU Jair

(t.

IB

ft

SOB
BOS

•.

We

tive movement for the week ending July
July 30 for each of the last three years:

m

S

is t i

at—

Chlaaao
MUwmokaa...
Tolado

Om.

Iiaw.
4.

SIB BU
StS BIS
BU SIS
SU SIS

Opaa

d.

at*i>|I«i<.

A

d.

4.

SU
SU
SU
SU
SM SM SM

s» SM SM SM SM SM
Sif BIS
SM SU SIS
SU SM SM «lf in BU
SIS SM SM SIS SM BIS
SM SM S14 SM SM BI4

B IS B IS

SOS SOS SOS
StS SOS SOS
StS BOS BOB
BOS BOS BOO

StS
StS
SOS
BBS

Bll

SOS StS SOS StS
sss sss sss StS
StB SOS SOS SOS
SM SM StS. StS

BIO
ste
BBS
BIO

M

S ID
B
B IS S IS
S SB BIN
S IB 6 14
>

1

81. Loala. ...

BM

ftotU

IJSOO

BIS

Oalatb.

Tocwk-W

SSS

SaaM «k.-W

S 10

BU
BU

BIO SOD

BIS

sioJBoe
Bit 010

Bll

FsiOAT, r. M.. Jaly
values had an
upward tendency on TtMsday and Wednesday, but on Thursday relapsed into qoietness and to-day the market was quite
18 96.

had supplied

their

more

oricent nerds,

Tbe wbeat market has been quits

excited,

SUMO
86,1 OS

1SS.S1S
ISI.SIS

SBB..ISS

l.B4T.ao<

7»t.BIM

I,7SB.4I0

84S.S17

004.147

1.134,0«e

BOS.SW

80.881

S0.130
80,891

6.S.U
81,184
61,160

/«i»SS

BM

^The flour market was much mors aottve, and

lisalsrs

4M9

•.StB

SJU4
SS310

AoiB.aw

SB,

tSb7V7,S4S

S0.43aj>M 98.708,806 S0.SSS.a87
flAMl,8SB IB.S68,I25

S.817.SB1

S.SIS.4BS

wjsi.sas

•«.S07.7S1

s.7«e.8io

WntMM

and fluctuations

AtVsw York

...

ie,lieB.»7I

i,i>in.7ta

of flour and grain at the seaboard porta for tho
1880, foUow:
Wheat,
Oom,
6iu*.
bblt.
friw*.

July

8,

FUmr,
9.

and

t0.TIS

108,160

wk.'»4

weekend(

off,

444,838
SB,47B

muhMtbt

I

BREADSTUFF S.
Exporters hold

Ow Au».481S«

9DJ8B

ss.7as
ss.aBi
80.400
110,406

131S
4.144

S.4M

BM

lJ0S3t8
6,880

UMi

davelaod...

A

4

I

Un,

njt»

SS>I8

Bta.

Bsfitt.
BiutiJaa

BB.SaB

and sinoe

8, 1880,

0am.

WIMat.

yi««r.

Atoiseo*

Thsrsoei]

dull.

mo*
2 10-

extras.

Dalnrtt

OamlBltS
J«l»
Jair-Aaa..

48>4

47\

Fri.

46

.

Low. OlM.

I

M

taa Sdeist* sti

Oab-Wev.

ai«>
I

• IS BIB »U|BU
SIB »<.« BIB BIS
5tB BIS BU
. IS BIB BM
Jll Sll Bll
•
• a* Stir B«7
SM SOB SOB SOS
SOB SOS SOS
• Of SOI SO? 6 01

JalyAas..
Aa«..Oaat.

47%

Thwrt.

47i«

,

.

•

47

aoath'oeoin. extras.. $3 400 8 75
3 15 Soatham bakers' and
3.^o
family brand*
8 85*4 85
elaar aod (tra't. SHfte 4 79 Bta Boar, miparflne.. Sim* 8 35
Fine
2 30» 2 60
VkNerablpp'cextraa. 8 13* 3 70
tkstarXX * XXX.. 3 76* 4 8) Oom meal—
4 .Vie 6 00
2 40* 3 75
Weatem, Ao
2 90* 8 3S
Brandy wine, *e.... 3 700 3 75
oaAUc
..68 • 60
TO-'
State and Canada. .. 61 • 63
77
90
BattaCtper bnsk.
..34 • 87
Oata-Mlxed
84
87
iprtn|cl(o.2
ttrliiitl
•' 45
Wklta
.. 38
87
88
wlator. Ho. 8
76
91
.. 3A
• 36%
Ho. 2 mixed
Bad wlator
90
Ho. 2 white...... ..40%» 42
80
WkMa
Barley .Malt44
OHb—Weak Blxad 33
..90 sins
Uaoada
46
47
WOBL mix. Vo. 8.
48
Blate. two-rowed. . 73 • 78
45
WaiLwUta
State, alx-rowed.. ..80 « 83
45
48
Wetl.yaUow
Peas—Oanada
.. 66
63
9 66
48
WldMBoaUMni..
49
45
Tallow Boo tbem.
is
mdioated
in th«
nie moremeat of hi nadtt lifts to market
hMimiif below, prepared by ns from the flguree of the New
first g^ve the receipts at Western
^Xgfk ftodoce Exonange.
lake ti0 river ports, arranged so as to preeent the oompara-

^B.

otharwiM

Jaa»>laty.

Wed.

46>*
4«l^
47>«

3
e
H

ic
»?

«bbi.

nioopoBiac faWMMt
Lnwpool for met iaj

4ffl 04^..

Tu*».

^>

04ta were buoyant early in the week.
Mlire, bat the regular trade dull, and when legilima'^e influeooca resumed sway prices fell otT again, and to-day the market was doll, closing at a further decline.
DAILT ouwuio raioaa or ao. s oats.
ITad. thttrt.
JTon.
IWa.
9rl
dW.

•vartiM
Mrtac wkeiU

•

I.a4a«.

pHoH ai« on the

Man.

"-3
fd 33% 33
SvtMlktraaUvery
Hye dull. Barleymalt in better demand.
Ti» following are the closing quotauons:

-•l4

SpecAezp.

S
t
n

AMMSdaUvarv

r-

tst'aa*

LUpI'da
llld.OrrBa.

.»>

Jatydaltverr

rally

Aallve.

IS^rji.)

got.

delivery

Aaniut dellverv
BnptomUir dHlvery
Oawber deUverr

_

Boston. ...... ..
Portland .... ._
Montreal
Pblladalphla...
BA'ttmore

Klobmoad

Hew Orleans.

Oalt,

»HfA.

Barley,
SiwA.

Rye,
bueh,

85.279
72,390

294.950
3.952

349.700
147,913

208,100
108,262

33,900

13.4.^4

137.186
17,109
32.774

237,681
40.014
251,323
9.600
77,337

91.679
51,383
31.262
7.530
6,197

1,110

12,866
20,9iil

2,770
8,99o

ToUl week.. 216.200
COr. week'85.. 20u,9W6

1,838

4C6.10M.113 668
A»6,i(>8 1.9J8,J91.

493.313
'iO.iOJ

...

86.0:»

10,61

2.3X0

'.

1

1

.

.

THE CHRONICLE.

58
Tbe exports from the
ending July

8, 18S6,

are

aeveral seaboard ports for the

shown

in the

week

annexed statement:

[Vol.

XLin.

^

market closing strong at 3}^c. plus
per cent for 64x64s and
2%c. for 56x608. Stocks last Saturday and for three previous
years were as follows
:

Oom.

Wkml.

frim—

OaU.

~BbU~

rvTork

BhsH.
8,779

Bfth.
3,488

143,201

161.035

8,779

87,071

makes of which were opened

867.428

103,498

03,434

8,400

60,064

Cotton dress goods were in fair demand, and there was a
good steady business in cotton hosiery.

431,686

Total stock (pieces)

.....

Dark

•w

butk.

BaRUo
,

lIDwinkM-..,

Syt,

Barley,
buth.

bufA.

80J,S67

.•54,^16

1,000
1,965.578

83,000
3C,000
183,428

27,f00
31,912

lo.OOO
9,l00

7,692.271

2,030,924

219,016

12,989

2.354

5,198

54,495

2800UO

AftMIlT

Oat*,

bulk.

l,92j.4ti9

afloikl

Do alloikt.
OUesKO
Do afloat.

Oom,

Whtal,
buth.
1.84H4tt8

Imtlartal—
Yort

16,

2,807,054

1.522

00
6,000
17,50d

afluut.

4,432,033

rultttb
afloat.

Toledo

301.7.^0

4.'S8.i32

,

7,«.92

440,345
2,172
120,o<
60,000
179.988 1,158,135
7'i,0<j0
5.0U0
S7,»33
132,614
347.802

Detroit
'OawefTO
Bt. Louis

daolnnati...

BwtoD

1,025

22,218
61.3 -H
12,'528

4,T93

10.000
424.«84

IS. 000
1.75!«

9,'282

343

....

.538.66.5

24 ,0.i7

74.2.'i8

43,1(14

Phlladelpbta
Peoria
Io<Uanarnll8

228,315

74.-59
86,776

206.134

79..3('0

11,<|>0

Kansas City..

170.((78

10 .727
207.!) 17

1.221

.

16H,9i2

MinnoapoUs

3.0o0.3!)l

Bt.PttUl

7j5,iOO

On MlMlwIppl...
On lake*
On canal

0?9,a»2

200,!i67

17,100
170

57.000
1,076,000

21.570
61.000
160,600

2,136,27!)
4Sl,tiuU

38
1.847

and

8t.
;

l.i.

03

8.917

721

16,ti03

•:

Minneapollii

9,575
5.000
15.021

212.6!'!
240.3f:o

n.'5,936
94.4«0
393,299

PanI nntlnnlndnd.
top ort not received.

THE DRY GOODS TRADE.

prists were fairly active in first hands,

movement

in

dark dress ginghams, leading standard
at

8*.^c.,

against 9j. last year.

Domestic AVoolen Goods.— Business in this department
was fairly satisfactory in volume, and prices
remain firm on nearly all description?. Men's-wear woolens
were more active in movement than demand, but stocks are
wtU in hand, as a rule, and the late advance in wool has
imparted firmness to prices, Cloakings and Jersey cloths
were in request, and some makes are a trifle dearer. Kentucky
j^ans continued to move steadily, and stocks are in such good
shape that prices are uniformly firm. Sitinets ruled quiet,
but leading makes are still well under the control of orders.
S, f c wool dress fabrics (for women's wear) continued in very
good demind), and there was a steady business in all-wool
cashmeres, serges, diagonals, cotton warp worsted dress
goods, etc. Colored flannels were quite active and firm at
the late advance. Blankets were in good demand, with most
relative activity in low and medium grades, and prices remain
firm all along the line. Carpets have shown increased animation, and prices, though without quotable change, are very
firm.
Wool hosiery, heavy underwear and fancy knit woolens
continued in fair demand and firm in price.
been tame and uninteresting, transactions having been mainly
confined to filling: small orders for seasonable goods. Prices
for the most staple fabrics are generally firm here, and at the
Bourcea of supply in Europs, and some kinds of wool dress
goods, silk velvets, &c., are held at a slight advance upon
quotations current a short time ago.

Importatloaa of Dry Goods.
The importations of dry goods at this port for the week
ending July 8, 1886, and since Jan. 1, and the same facts for

Bilk

periods are as follows:

1

Uanof

Flax

Cotton...

mil

Wool

Hlsoelloneo

actor

:

i

CX)

domestics, prints, Eannels, blankets, jeans, etc.,
by some of the large jobbers.
olesale
all sections of the country are daily arriving
in
most of whom are evidently disposed to make
Tision for the coming season, but there has thus

Wh

was accombuyers from
the market,
liberal pro-'

far been no
tendency toward speculation, despite the upward
course of
prices for staple cotton and woolen goods, -and
some kinds of
imparted fabrics.

Domestic Cotton GooDs.-The exports of cotton
goods from
this port for the weik ending July 6 were
4,216 packages
including 2.379 to China, 609 to Great Britain,
281 to Vene'
zuela, 228 to Brazil, 139 to Dutch West Indies,
121 to United
Slates of Colombia, 115 to ChiU, 100 to Mexico,
&o. The tone
of tbe market for staple cotton goods continues
very firm, and
a fairly good business in all descriptions required
for the fall
tra'le was di.ne by manufacturers'
agents and leading jobbers
Brown and bleached goods were in steady demand,
and there
was a fair movempnt in colored cottons and
wide sheetings-

Cotton fljnnels were freely distributed on
account of back
orders, and leading makes are largely
sold ahead by the mill
Print cloths were in fair

demand and

»a
-^j

CB
CI
CO
Cl
lt>^

c
Oi
OJ

00

tew
(yo *^O0:03:;»
<0-Z*--^\V>
mr- UM-400
COM
TLO

V-HI-(4C0

"xto

KiOitc'^-W

K
Z

"
^
t
ec
ff

oo-lawo;
(COJWK-W

2
?

*=>

f

*-*

..*'

,

CO

M

CO

M|h0>O>-<
#*.MWCC w

to

tow
OS©

ODCOM-JO

OlM
001

ooKOOoa

ccoo

tf.Vi'.fctoao

.C

^ oca

«»u-.sto

OiCO

ta-*

01 bo

-o-»

00 00 io
Cl
CO CD D' U< -^J
I- -. CC U' 1^

01

oc»

Oi

^.0
0.
CJtOO

O

O to 10 O

Hu;;ito*.

M UL

Mir»»c
UOCD^CCi

w
W

CCO*»OM*
w'ccb'xb
CO
W O O"
1^ Wf->if^ A
-'I

CC 00 *> yi OS
|fc

W

-

-1

w

-COM

0; 01
Vi .- ic w"bi

cnxot.— 00^

C **coco©

yi

r*
K -q
O r- to
to M
CC M
M W4 y. »o
W ^1 tc 10 »
"-cop XM*
lO

<&. Is.

£S1

--1

«Hfc^^^w
K.w-u>-a
t£»^ll^^

ODD

oiaK^o
t-iaw®*-.

ffi'o

toes

aio
»»

M

y CO

coo

4)'

tOWMMtC
»o

^

Of J

-J to

CO gj

05

CO_X*.Q0®
on'-ilt-Wco
-J 03

^WtnKOS

-XJ

iccc<]c:>to

w

•-:

^'

i*.

?

CM

UfrS

3; -^ tP JO

CCMMMCO

c>.co

-TC*^

(k-

O

-

•-

!

M

C£ li CC C. CO
O' CO 3.

K,v)^UtO

CO

;

O
'O CO
-O
- X
wo v' Wjd
to

—

Qoacitcp

asa^Ai-

lUM

:

«•

;

V>it»

CI

Si

M

01

M

OS

iiini»

B

fO

10
fO
CO

CO
CO
CO

00
^ COM
vj

M *-

***

CO

coo

!>.

C O' X *»
H
g

Co

!

iiiiii

Cn

w M

a

•

MO
COW

orf*

ts

p'S

;

MW^MCa
*-

f-

Xco
(fa-

i

A

i

B

iB.*-ai-4
r^ MMuiow
ccto

|:
s!

% li

q
a
^
c
q

M ^M

UJ

dearer the

MM

§!

i

-.1

agents.

and there was

of the trade

the corresiJonding
New York. Friday, P. M., July 9, 1896.
In volume the business of the past wet-k has been fairly
satisfactory to the commicsion houses, mskirg due allowance
for the intervention ^of a close holiday— Independence Day, 1
A fair supplemental y dea and for light luojmer fabrics was
stimulated by intervals of very warm wsalhtr, and there was
§:
Si-liS
a liberal movement in various descriptions of fall and winttr •s
good?, as daik prints, ginghams, dress fabrics, flaonelp,
:
:
:
:
?•
blankets, hosiery, knit underwear, etc., from the hands
of ^
C?K> M
manufacturers' agents. Aside from a few specialties, in which -1
)-IO
- .- : -1
^ -)**
there were moderate dealings, foreign goods ruled quiet,
^CKX;i-£
but
an improved demand ii looked for as soon as jobbers have M V*.
made their selection of domestic productions. It was a qnitt *• f-O
week in jobbing circles as regards the distribution of assorted a »C0}
M*^ W3! — -to
Co
a^ - t;.rf..0lCi5Olots, but considerably more than an average
package trade in
plished

28.5,0u0

FoKEiGN DaY Goods.—The market for imported goods has

3. '86.

*La«t week's stocks

76 3R1

9.104

28,195.3^0 9.188,857 2,320.902
2-5.3C8
June 2G."b«. 29.4fy.603 9.4.58.143 2..'.81.7( 3 283.331
Tirt.Jiily 4. 'flSf 37.370.024
'^21,247
,3 n.9i6 3.-2B8.-54
Tot. July 5. '84 1 13.40.'S,141 7.254 372 3,718.5*3
515.186
Tot. July 7, 83t 18,538, lii3 12.33t(.523 3,709,137 1,712,609
t

656,000

905,515

£3.583

10i",568

The TiBible supply of grain, oompriaing the stocks in granary
at the principal points of accumulation at lake and seaboard
pxtB, and Id transit by rail and water, July 3, 18S6 :

Jul.ir

274,000 1,423,000 1,315,000

189

Hm»

Tot.
Tot.

185,000

359.000
320.000
300,000

Il7.2ti0

S'loe

.

7.
18<i3.

9,777
KO
30.960

a Kood

Baltimore

July

156,000
110.000
315,000
75,000

is.-i.ga)

wli. 1.630^11

Toronto
Montreal

5,

18o4.

363,000
4S2.0)0

3S6.M3

Ttot,

Do

July

3,
1S6.5.

44 4.000

i4d.:'ui

a9,80.^

20 062

Blrbm'il

Do

July

3,

H 16.

Bf ,000
Full Klver manufaoturors...
65,000
Pnividoace sjipcula'ors
123.000
Outside speculators (eat)
20,000

01.073
41,152

S4.0O0

18fc5.

1

228.643
73,129

;

BalituiYt^
M.Orl'ni.

Do

Prim OUtthn—
by ProvUlcuce luiinufrs.

Stock of
ITpld

5.000

l,40«l.r>7R

Boctpn.
K. New*.
Moitreal.
rhU»d«l..

Julu

Ptat.

Kye.

Oc

^ CO *-

ro

CO

c X c. M -g

-IMX t3M
o o a ac CD

((»-<lXlOQO

MOi'-T'cD'ao
Qt^-iy-Cn tO»

i— ?C -'IV]
OD ro
CO to

TowwMco
<1 O CD *1 M

•(

C-IH.^CO^^
'(jZ

c

MWtOCDta

•I

,

JCLT

THE CHRONICLE.

10. 1986.]

Sauhs and gautcvs Out ot
Stfbocs.

^tovtgrtflcs

TUE AVESTERN

Farm Mortgage

W. CooKUt, A«t.CMk

F.

Pra*'..

Fatm

|>cwj ^ovfe.

SEW ENGLAND BANKERS.

BAKK«.
Omx

vu

Samuel
North-Western Nat'l Bank, C0JIMI8S10N G. Studley,
STOCK BROKER,
CHICAGO, ILM\OIS.
Ho. 4 Bzcaaas* Plae«, Koom Ho. 4,
Capllal, 9300,000. Snrplu*, «50,OO0.
BOSTON, MASS.
This Bask
addltum «I.O«IMIW D 8.4 ptr

tunijln N»w y,.r». Kunds i.i..-,a.t;y
upartenoe. Noloaaaa. «en.i
and Mmpla forma. K. M. I'K

tfc« pro<«otlrHi

CHAB. W. OlUUtTT, Traaa.^

bolila In

pv. plad«ad by lu MoekhoMan lor
uf lU rtutnoien. Said b<,>nd«_ w«
btilnir hrld br the Baak
lul(calrarphu.loaTold*liatw«lklak

.jnt Bon4< *t

itsvBm or BoaroK stock

pl«4««d an KboTc UiM*a<l ur

^kPMtof
•aJBM and

FtaiMaBt.

Tn

DttigntUtd Drpotitory 0/

«BVM^ •>'
i

«wl»

Barplas,

Uu VtuUd

of BMkikll

vmmfUf

im

fbr.

Ht M anat (i« tba InrMUaant of Ml* aad
OTntaTKadast Banks or ladtvMaaia.
. la o«r aMiT* aad arovia* Miy bmwj la alwmn la
mamMmt. Oar

rataa roaansaMa.

Narr
BA K EBS

(Ut* a* a

irta).

Ho. 437

Maabsnot Uw

^

Bank of

Buffalo,

OAPITAI^

aaattat kankar-

.OonS'FosDKv

--tUoaal Bboa

Burawcu.,

I'rw'i.

The Bank

l>.

N.

C,

Pa J Special AttoaUoa to CollooUoaa.
FIRVr-CLAflB rArtLITIHl
Naw Turk CiillM|lua« iiU. -Ttt* Naikwal Pa
aad aoraaO w.
J.O.
>

• 100,000

•

t

LlaJ>k aij<i .N.ti'

K. B. Bvaauaa. Fraal.

ImpifMn' A Ttadan*

i

Baak of Ik* HapaMie.

A. E.

WAUkka, CaAMr.

National Bank,

First

MERCHANTS' .NATIONAL^ BASKr
VIBSIRIA.

Wilson,

Aathortf'il

&

nlsrnn

(

_..-.-.^

Co.,
S.

-,

eoUcltad

aaa tafttraaUaa tOw

K. T.*Ctatnapood(at*-MaKla Bntkere

palate oa baat

&

of

Cobb

Mr aad katlmr

Estabrook,

a.

137

Stale* Honda.
< n;IMLCall.l*>WUM» Ja
Vhi.uam Kii'Si^i:^*

BANKRIM AMO BROKBMS,
Wo. CS WKTBOSSBT VrBBBT,

R.

I.

Daalenlnroaomlal

P«i»r. f;'>Te'nmenl and
I""" aoada aad iSmXUm aad FonSS

'W*SP^MiVa»a

S%

Haate OBra.
or Boimrlabnnr,
Iowa.
Prea,, 130 -Nasaaa Ml..

N.

Y.

Sublicatiotis.

B8ADY JVLT

Railroad

14.

Securities.

JULY,

1880.

wm to X«« Tofh aad loataa.

CONTENTS.
SAlIrssi bMnrllleg.—
A Dkscbiptioii op Stocks amo RovDr, ARO
RTATKMKjrr OF

B

Co.,

DBAL

A TmsTco^SlNUIoDarBaSj

F.

Keleher

OUVB BTBOT.

&

Dofaaltad Bonds of Mlssoan, Kkaaas and

i

1

A

I

1880

tn 1889,
irlortojuly In 1886.

In 1888, tn

i>Bld

Inclusive,

far at reported

comparison with 1883.

$1 00
Prire In Red Leather Coreni, •
75
To Snbwribem of the Chronicle,
In Qaantlty, with Card on Corer,
Reduced Prices.
•

^^

&

Co.,

Tl HV

WILLIAm
'

In

and

Illinois a

pannt fron

OI.BVBI.AND, OHIO.
SPr<

TEJJRLT RAirOB OF ACTIVK Btockh— Dat« of
blKheat and lowot pilces mado In tb« ynara
1877 to I8t5. InoloslTe, and to July In 1880.

Railroad EarBlngB.—
Orom a»d Nkt EABKinoi SO

INVE8TMKNT BANKERS,

AN
TOWN. CODWTV AN'
PRKIOM
l.Alt« BOPFIKIOlt
AMO STKBK

Nkw

Ten Tear Range of Prices—

Co.,

Daalara la Waatara Baearltlaa.

Chas. H. Potter

fof four

BTATF.a PKrtTRiTiKii nml KtllJiOAO
Yokk, Biwtok.
Ain) Stock* i.f
piiiLAnKi.piiiA aiHl BALTnfokK, far tbo
jtar 1883, and to July In 1886.

elx yrar*.

ST. LOUIS.

apeoiaJt J. Oood InrsstoMOt Haearltlea.
roar '' plaht per fen' fi r «ala

tUCOUK

CiiAiioeit.

DlTldend8.—
Dmpmf>« ow RAimoAn Stock*

TAB1.ISIUO im.

•00

TIIK

and Fixku

UsiTKD
Boxua

,

bankinz bu.lnoa., and

ireneral

i<a«t

HifliMt sBd Lowest Prices. Monthlr.—

&

Bros.

yean

SLPKRIOR STREET,

'>ntoTln«a. flariniti
uf daraUad. Ohio.

l«lp^, utaj.-. Railroad P.

Wilbour, Jackson & Co.

ggJJJ'

ao.

IN TtJWN. COLNTV ANOTlTY BO.NDii. LlaU
aad prMaa famlahed on apaneanon. WiM« as If yon

ALSO.

PROVIDENCE,

Oonaapoadanae

CLEVKLANl), OHIO.

BOSTON.

A. Jacaaoii.

aeaorttlaa.

n A NK ER

Tranaa«t a

IMCMRRRS or THK HKW TORK AND
BOOION STOf K KXCIIAaoia

feBMAina

& CARPENTER.

BaakerH, Tr«y, N. Y.
Bastora Mauanura fur Compnaf

E. 8. Uraiaky,

WESTERN B«NKERS.

BANKERS,

£<MlirA WiLBOTTR.

tho

CQo^

ru5i

OF

tidtad.

Lamprecht

Na. ts

PnHa<

'•B'«»'K

I

__i>

7%

auaatluD slTen to parabaa* aad aale uf virftataOoaauli, Taa-ltrtlea,0«r«iMd aad all lunaa
if ta* State, aad to all dJMWa oTSaatkam Htata,

BN<.i.\M> i:\NKERS.

an<

•

6%

[

JIfe

Daalara In

>

i,4iBn

panr, of Boatnn,

paatal

Hallraad

&

J

AniiTii'tii
I

Oplt«l

Bare Wastara Datoa wirai laiha'r jiscea. b;
CO..
aaaaa of vblak
Ul iia aoauBanioalloD can be
BAIIKBB8 ANU I'OXUIsSKiN MBUCIIA.<<TS, kadattballeamaiarelajpolata
In theoi^ootrT. iEa-

Brewster,

e^'

CUI

CO..

Aad

,

MEW

Re J Rauto Mortca«ea on Cttr
and Kann Property. Wurth two
to four times amoanta of niortaatfi*^. lulfrral H p«.rcanr ta

Sons,

BALTinoBB, no..

TOOXAS BRANCH *
OHM9NB. VIBBUIIA.

'

Tka .4BWi1eaa lavralaiaar Qkaipaar. of Bm>
moiabnra, luwa. Ineorporatad wltVa paid-op capital
of KSMt.Oa«. vltk branehea at Huron and MItohell,
takot^ offer drtt Miirtiiwie Knrm Ixnni In Iowa.
>iinn..Uaiiota. and Neb., both Prlnripaland interrat liaaraalfwd. Alio A i«r cent Uabenture Bonda
(oMiasU<ias of Ihs (^oaipanjl, rannlnic lu jaankiaaaiad |>r
Moft«a<a kiaaa
ki«na dapoaited
deposited with the Nei^
br Moitaaa*

A OB.fKRAI. DOMKSTIC AND
roKSMN bankhw bosinsbb.

Fisher
BANKBR8,

'•

eaaillo Traat Con N. V. It alM> lasoee IMmaad
oartiaaetaa of Oapoalt at B per cent Intaraat. Witka
for paoipMct
npMet and referenc**

A Co.

Robert Garrett &Sons,
BANKCB8.
No. 7 SOUTH STBBET,
BALTinORE,

Wm.

I

UA.\Ki:Kl4.

Daalcra In GoTantaienla, Ntoaka
and InTCatnieBt Sacarlllea,
Bboo'to 8t
Orroam
sa auVTU HTBKBT,
Jo»»r.OtBra.raak. raaPL H. icirrT.^CaBaat
C^UMMoaa Bad* aa aO Boatkara

NORTH.

WKSTKKN
GIARANTY

TSAJISACr

WIL.ni.'VCTO.'V, N. C.
Collarttona mad* 00 all pan* of iu« l'iilla<1 Slato.

ICUBOKB,

ou

rsfaroBoea Ba«t and Waet.

• iOB.oJo.

BALTinOKi:

Wa

Kaiii
Propartlaa. Thaao hare bean nude br lu after rMd
InTOrtlaatloo of utie and Talnaa, and
tMtraa£
rorradatofiaa. C\irreaj>ondeiiea eoUeliad.
-—». llla^Ml

MIN.NEAP0LI8.

MALTIBOBB.

ILITTLK ROCK, .iHKA!«SAS.

!""* andforaaJo arat^lan

LOAN

ayrTBTMKilT an J gOUTUBUf SBCUBITIB a

aaklvr.

German National Bank,
•

jAaan.

TBIBB »
PniLADBLPIIlA

IIA-

TAT

loaorpi.;.

Capital (cald In)
Pr<'mi iLH-n'l -n r .

Latianof

A. Wii.tT, Oublar.

of Durham,

DIIBHAM,

COLOKADO.

BKALESTATIILOANiton ImproTsd atT and

M. Shoemaker & Co.

A

Dickinson,

DENVER,
^*

ia« SOl-TB

II*.

T

AadiMr

rork Stoak

lad

M.

lentTj

tiT.

CooBtr
t"?™"
ana>«h.xil
B<inda and other choice racarltlaa.

BAJIKKB8 AMn OTOCE BKOKBRS.

Tkta baak has rapaflor fadlltlas for aakinc eottt^
los* tm an aiiiiaMli li *Mau la iha Uattad •<ala«,
Caoailaaad ••T\.pr. l.ir»<->i t. mu axiaadad 10 a»^

NaAiuaaJ

L-w

I'li.

1 , /,

ET..

CradK.

Jos.

H. T.

I

T.

I

.

INVK8TMIINT BANKKK<>,

BROKEBS,

4«rD

&

Hayden

Geriach,

r

faoo,ooo

BUFFALO,

on band

ii|A.VKERS.

jKVKTT.Pna. JoMABJIWETT.V.Pna CkMa Tnaafati, Buu of

f>.

WiLUAa C. tVntswCLL. Ckablar.

W.

&

If

«4» aed ramlttad

intly

r

inj of maLarsa
rt^tormtS

diana and Ohio Landtt.
KOTHINO SAntR. AI.WAVa PKOMPTLT '^"'
PAID
sawn FOK PAMPIII.BT.
JOS. A. nooKK,
8 I Kaat !«f*rk«I Hi.. Indlanaoolla, Ib4

^c.

>..

.

.

.

Farm Mortgages

uitj.CitjandKatl
-;,

..

iin

i,;:i™d.

8am8 of tlOO and Upwards on !•

In

kINB.

"^

PUIILADELPHIA

ttatn.

•SOO,«l)0 00

-

•

•-•1.

OoTarni
road Htf.
Daalrabia InTaatniom

ceobuia.

ati.a:vta,

POUTI.

B

Gate City National Bank

itxrHANes.

18B niddle MrMC,

Tle*-Pra1

Caakiar.

E'.'^I..*'*!'*™*"''
r
Alt.>IS. Intareit and t>rinalp<il i>alcl

BANKKHf< and BR0KKB8,

LOOOWICB J. UUX, .B.MCt'AjrDLSa. A.W.HIU

"* ''*"' »i''^aiitie« In the market
'OANS UPON IMI-KOvS

2!^??™*^J"T""""

& Barrett,

Swan

mxetmitT* lueal lazatlno.

Co.,

LAmnSBNCB, KANSAS,

UKlTlSa

79

A

81

B.

WILLIAM

DANA & CO

BTKEIiT,

NEW

C
ITHE CHRONICLE.

Tfii

insurance.

ptiBCcllanc0tts.

Wisner,
NEW YORK,
conmiissioN herchakts.
WALL

<T1

LIFE ASSITKA,\CE SOCIETY,

ST.,

of tbo Cotton, CoIToe

Membara

120

and Produce Kxoh's

of Flour for Shipment to
llmates always on band.

Warn

OBIENT GUANO MANUFACT'tt

CO.,

'tandart Brands
1

OKIKKT,

...$66,963,387 60
ASSETS, JANCABY l»t, 1886
LIABILITIBS, 4 per cent Valnation .. 63.e9).14887

CO.,

KICUMOND, VA.

SURPLUS

1.. I.

t96,011,S78 00
NEW ASSUBANCK
357.S»».«46 00
OUTSTANDING A8SLUANCK
7,1S8.8^6 05
Total paid Pollcy-Holdors In 1886
Paid Pollcy-Uolders since Organisation 88.211,176 68
16,580.06313
I.NCOME in 1886
In 1S85

OF VIKGIMA.

BrinckerhofF, Turner

The United

Maoafaetaren and Daalen

tn

klada ot

CANVAS, FBLTINO DUCK, CAI
COTBRINO, BAQOINQ, RAVENS DUCK, SAIL
TWINKS, *C„ "ONTAIIIO" SKAMLK88
BAGS, "AWNINO 8TBIFBS.

slvely.

All Policies Issued by this

CO.

ABLE after three

Colors. alwaTi In itoet

Fabyan &

Co.,

'

tine.

New

York, Boston, Philadelphia,
BKLLINQ A0BNT8 FOR LBADINO BRANDS

One month's grace aUowed In the payment of
Premiums on Tontine Policies, and ten days' grace

BBOWN & BLEACHEB

on all others, the Insurance remaining in full force
during the grace.
Absolute security, combined with the largest liber-

SHIRTINGS
AND SHEETINGS,

PBmra, denims, ticks, duckb, ao.
Toirels, QuIIta, WblteOooda & Hoalery
Drills, Sheetinga,

<«<:.

Kxjxtrt

fnr

ality,

JO WES

GOOD AGENTS, desiring

LIFE INSURANCE COMPANY,

NEWARK,
AKIZI DODD,

K. J.

•

.

President.
|38,615,31ti 82

3S.H5T,»2T TO
2.757,491 62

Surplus
Surplus (New York Standard)

11. Cole,
STATIONER AND PRINTER.

5,411,'i41

50

Policies Absolntcljr Non-Forfeltable
After Second Year.
IN CASE OF LAPSE the Policy Is continued in

BoppUea Banks. Bankers, Stock Brokers and Corpo-

FORCE as long

as Its value wUI 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 all restrictions! as to travel or occupiUUm are
<toved.
t^Asn loans are made to the exte. of 50 per cent
of tbe reserve value, where vtitid assi^ ments of the
Policies can be made its c*'l lateral secur.y.
Losses paid Innnediately upon completion and ap-

rations with complete ootflts of Account Books and
Statlonerr.
New concerns organising will hare their orders

tW

promptly executed.

STREET,

,

(TIANOVBR RonARR.l

W.

.

Liabilities (4 per cent Reserre)

Eugene

William

.

Assets (Market Values)

BSTABLISHIIO 18B&

WIL.LIAin

com-

Com-

mutual^'benefit

IROW COTTOX TIES.

1

this

to represent the

proval of prof

Porter,

PUladelphla, Pa.

OROANIZBD
Write to the Company or

Its

1849.

Agents for circulars

explaining

Blaine Non-Forfettnre I,aw.
LOSSES PAID PROMPTLY AND WITHOUT
DISCOUNT.
The Company Is

strong, reliable

and popnlari and

lasaes a variety of poUcles suited to the different
olrco mstan cee of Insurers.

WELDED CUKOME STEEL AND IRON

MANHATTAN

In Bound and Flat Bars, and B ply Plates and Angles
BAFE8, VAULTS, *o.
Cannot be Sawed. Cut or Drilled, and praotloaUy
Burglar-Proof,

FOR

LIFE IIKSVRAIVCE COMPANY,
156

CHROBfE STEEL, WORKS,

"

m«f

iw

a ua i

TaWDPLD

DCP08moN-ia7a^

<t

BROADWAY. NEW YORK.
HENRY STOKBS, President.
158

Vrom PUUadilyhui lanuirer, Jan. 80, 1884.
The new plan ot ihu -Manhattan Life lni<urance

N. Y.

IJOStPHCILLOmi
STEEL PENS
AtintAmiffl

$1,915,020 67

Returns ot Premiums and Ex-

$776,712 42

penses

The Company has the following
United States and State ot New
York Stock, City, Bank and
otherStocks

Assets, viz.:

$9,034,685

OO

Loans secured by Stocks and
otherwise
1,438,60
Real Estate and Claims due the
530,000 00
Company, estimated at
Premium Notes and Bills Receivable
1,508,143 58
228,897 88
OashinBank

$12,740,326 46

SIX PER CENT INTEREST on the outstanding certiUcates of profite will be paid to the
holders thereof, or their le^al representatives,
on and after Tuesday, the 2d of February next.

THE OUTSTANDING CERTIFICATES of
the issue ot 1881 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the 2d ot Februarynest, from which date all iaterest thereon wUl
oease. The oerttflcates to be produced at the
time ot payment and canceled.

A DIVIDEND OF FORTY PER CENT

1

'

loiiipany continues to meet the popular favor. It
comlMiies the protective feature of lite Insurance
with the Investment leiiture of the end.iwment
policy, while it avoids the expense attending the
latter hy ilie ordlrmry method. An improvement has
also been artd.ed to this new form ol p liey within
theyeur. nhieh tlves the assured tlie option at tne
end 111 llie ioilod uf tiiking the endowment In cash
oi f.l eMniiiiuing the in.surance for a
much larger
ttiiH.iiiit witli.iui uuy lurther payment
of premium,
Inuependent ,.1 the condition Of health at the time.

ESTABLISHED IN

1860.

la

declared on the net earned premiums ot the
Company, tor the year ending 31st December,
1885, tor which certifloates will be issued on
and after Tuesday, the 4th ot May next.
By order ot the Board,

H.

Company

PORTLAND, MAINE.
JOHN E. DE WITT, President.
The

BROOKLYN,

the same

til

Life Insurance

SECURE BANK VAULTS.

Frea.

$3,770,094 30

1885

CBAPMAN,

Secretarr.

UNION MUTUAL

Corporation, Tran8pi>rtation and Commercial Law.
B»r«Ki!<CE8:-The Tru»i Conjpuntes. The Nstlona
Banks and Kallruad Companies In Philadelphia, and
^lie Judges of^ny of theCuns

Oronlara

ber,

Losses paid during
period

J.

Attorney and Counsellor at Law
No, 623 WALNUT STREET,.

$5,196,143 76

Premiums marked oS from Ist
January, 1885, to 3l8t Decem-

Amount

IMPORTBRB OF

No.

3l8t

Total Marine Premiums

ORATZ

&.

Asents for the sale of Jnte Bagglnt

Maiitifaotiirara'

and success of

pany, are invited to address J. 8. GAFFNEY, Superntendent of Agencies, at Home Office.

LOUIS, Mo.

ST.

assures the popularity

pany.

Tradt

BAGGING.
irARRE.ir,

Company are IKBIBPUT*

years.

AU Death Claims paid without discount as soon
as satisfactory proofs have been received.
This Company issues all forms of Insurance, including Tontine and Limited (Non-Forfeitlag) Ton-

Street.

January, 1885, to

1860.)

& 263 Broadway, New York.

OBO. H. BUBroBD, Actuary.
the profits belong to the Pohcy-holdera ezoln-

AU

Also, Aoentj

UNITED STATES BVNTINO

Bliss,

Premiums on Marine Risks from
$3,856,618 6«
December, 1885
Preminmson Poliolesnotmarked
1,339,525 1»
oil let January, 1885

T. H. BR08NAN, President.
C. P. rRALKOH, Setfy. A. Whe«lwbioht, Asst Sec.

COTTON

Dnane

States Life

(OROANIZBD IN
261, 262

January 23, 1886.

In conformity to the Charter ot

the Ctompany, submit the following Statement
of Ita affairs on the 31st December, 1885:

Insurance Co.
THE CITY OF NEW YORK.

IN

COTTON SAILDUCR

No. lOA

NEW YORK,
The Trustees,

ist

Co.,

A toll rapplT, aU Widths and

Mutual Insurance Co.,

pttny.

Grade P7 rites free from Anenlo.

And aU

TL ANTI

1

Survlus over LtabitUiei, on «t-erv standard o/ valuation luriKT than that u) any other lAfe Awurancs Com-

SULPHUR MINES COMPANY

&

A

»lS,-e8,239 13

(Surplua on N. Y. Standard 4'^ per cent
Interest, 9 7, 4»5. 329,40.)

Standard Superpbosphatee.

BUh

OFFIOEIOF THE

BROADWAY. NEW YORK.
B. IIYOE, President.

HENRY

AOINCT o»

THE HAXALL CRENSHAW

^usnvaujcje.

EQUITABLE

&

Crenshaw

[Vol. XLin.

TRUSTEES!
J. D. Jones,
CSiarles Dennis,
H. H. Moore,

W

James Low,
A. A. Raven,

Wm.

Sturgls,

Benjamin H. Field,
Josiah O. Low,

Adolph Lemoyne,
Robert B. Mintum,
Charles H. Marshall,
Frederick H. Cossitt,
William Bryoe,

John Elliott,
James G. De Forest,
Charles D. Leverioh,
L. Riker,
N. Denton Smith,

Thomas B Coddington, John
William Degroot,

Horace Oray,

George

WiUlam £. Dodge,

Henry E. Hawley,

William H. Maoy,

William D, Morgan,
Isaac Bell,
Edward Floyd-Jones,

C. A.

Hand,

Bliss,

John D. Hewlett,
WUUam H. Webb,

Anson W. Hard,

Charles P. Burdett,

Thomas Maltland.

EdmoBd W.

Corlles,

JOHN D. JONES, President.
CHARLES DENNIS, Vice-President.
W. H. H. HOORE, 2d

Vlce-Pras't.

A. A. RATEN, Sd Tlce-P ealdent

'

Jolt

pOHHUaiOHBBV ANDTBCaimmS'

Mada,

to.

SUtiiimships,

n—

dwM

>
••«• kjtka Oreatt
•tv^lalksakvi*
DlMitEtoraila(arU*
Cot of U«
»ilo.oa ttao aftkaar of Msr. UM, uid la oMOOTtioa
of tho poworof •It eoatalaod la • nftala daad of
traai «.Md Iho kM aar Of jMsarr. UM. Md of two
of twtkar aaaraBoa, raavootlTalT.

aBd >»

aMMd

t to

cum tlw

Il(<

U ueeatM hj tha lald Tka Oobtw *
« Tiaitm

roflhaoaeaat tiMiboia
of

I

tfea

DaaTar

*

Bto Oiaa«a Rallwar

ODB*wr. ta tka atr of Oawtar. la IIM 8«ata of GWtot>« M»> art bia<hr .ai>*a«dUaBI««

namatlTolT. aa«

tetaaat.

taaia. laaa aad produ
rlBkt;tttla.lat*raat. prop-

aU llM

pn aaal on, dalm aad

arty,
wall at

law aa la aqalty, praai or tatara of tha aald
callwaf eoapany, of. lo, aad to tka
part of tha
and arary painal tharaot. with tha
ail Nx^ka. Bua, paaar*. yoa cka ra.
wiMii. iiuintarllad aataa and daa
vlallac la aald railway i.rthaka^tata tharaof. aad
t
a l ha with all otb^r llaa euaalianiim aad balR
difaodani rsllrgad eorporatloa. and all

aa*

m

"

Mn

ilikt. tttia

iTililiaihTlBa drat abovo. and tba asniiiai
caWkfiaaahlaaa.
aH^naaiihNai. pad
bB' ul her
r aapartalBinc t l iarala»dt la aabra c ad enthio
adaadof tra»t.iiaiffaata tka Iklrtaaath
day ct AmiL ai»htaen haad»I—d laaaaly ooa. aad
~
aad aa a tail by aaM flMad agaaiar aadar
aad tha
Pfaiii

«Ma aad da^aad akalamni. baaaM of
lalHw HtaaaadautaloiTtl^to ri l iiai

at^yof

the
the

kta. In

rroB Pl*r (B*wi 41. North Rlror, foot of Morton Bt
TraT*l*n by thl* llnaaTold bothtranalt by Bngllail
railway and tha dlaoomforta of croaaluc the Chaanal

la a aaiall boat.

LA CH AMPAGNE.Tranb.... Sat., JulyJO. 1:30 P.M.

I.A NORV.A.NUllc,Karaablae..^t..Ji>ly I7.S.S0 A.M.
8T. I.AI'RENT. Dardlfnac
Sat.. July 24.4 P.M.
LABRAl>OR.P. d'BaatcrlTa .. ISat.. July 81. 4 P.M.
LA Bul'R<i(>UN-B.rran(enl...gat. Adkusi 7. noon.
l.a C b a mperoe mew). Ann. 14
La Normandle. Sat-.
arday. Auii. 21: La Bonrgogna (new), Saturday, aepleml>er 4.
Pkio or PAsaAOK (tnolodtiw wine):—To HaTro—
nr*teabta.llOOand WO; aeoond cabin, •W; ataarladndliw wine, beddlnc and ntanalla, Batara Uekata at Terr rednoed rmt«e. Checfca on Baaqno
Traaaatlantlqaa, Barr* and PBrla,ln amonnta to rait,
;

—

•yodlal Trmla Oroak Hawre to Parla.
Tha Compaffnle Qenermle Tranaatlantlqae dellTera

lu olBee In New York apaeUI train tickeu from
UaTT* to Pari*. Baaraca ahaokad throoch to Parla
wltboat examination at Harra, proTlded paaanaara
bare tba aama dallrarad at Ik* Company'! dock In
New Tork. Pier 48 Nortk BlTtr, fbot of Morton at,.
at laatt two boara b*for* th* d*|ia>tia* of a ataama.

at

liODn 0B BBBIAN, Aceat,

No. 3 Bovrllna Arooa.

M. IMtoo of
Mala af^^aaaylTaala. aad
Hty aad Slat* oT NawVork.

to tb« lirn by laid Iraat

\-

Httaaapaai. tta aad

eENEBAL TBANSATLANTIC CO.
TOKK aad HATKB,

aSSaaaTlU
ry iinpaiillHUi aad dalt*arad to
Thoaiann. at am My of PhUadalphla
r
af PaaneyiTinla. akiSpiaal

Meyer of
Loan
~- B.
-

un. a* to Xi

ai

|^nblii:aliotis

d**d laalad;

muck a( tha aid

latlway

and

lia«aant aboT* Maartbad.aad tk**qalpiaa and otkat naaaiy apparlalnlna
«a,naanrk
aabraced byaaarSa Sbad of tnrthar
dated tfa Iklltlalh day of .Hotaa—
tk w
Ifcaiatu.

Littell's Living Agr.
N 1886

la

atu.

iii

lt«0'i-Tat* aaal aad tha alanatara

a

A WUKI.% MAOAZlVm.

iraacocraatad

Kirt* dfty-twu number* of
Uty-foar pacea aaoh. or mora
It

at tka
of

aaalTw far a aor* fol
TXSSt
tka aafld^ad
ajadaaaaaddiuoea b> tkaa^ortaHailaapiitty aad

C«al

C

k

sir

Irua^Coaaaa; i tmrn

to
ate

M

aadai ika prtw —Hain af Hiaii lath.
tha dead il fatlkar aaaranr* of Nuraaunt, aaaeaieii by I ha aald railway oaapaay.
aad aadar whlaikl,<mi- il. MeyarlaBowtfcaaolaaarnvtaaaad raaalniiu riut**,aad to aU tha rtidtta,
Mtralaaad ttonn •). h it aay haraaftar ba d*lar>
ula H. MeyOT,
laailiiat th* al<l
earTlTlM
naaaa, or hia eor-.-uir. or coatau qoa iraalaat

laaa

Ma pu
~

^f>d

Kvrid*

~.

-vth,

i

watd aad anrtSwatd, a* IkaTallaf of ika Artaa iai
BrrarT<a Lakraa. Uuaa CMi. Otaao I'raaft JaaeUaa.aakdaiiiaateaadMaHa(al.aaiT«llab tkaaaatu
art ar
ritMa aad iMaakwMk Maaifeai jfRw a

MM

Maliakjfj jinjDjaj^Oak igfGfe^Agr CMaKia

i

a

'

••aStaaatltlodluun.irraadbyTlftMufany
-'
or thlnax'i

"ar.

'

- th* petlUqa
•" IB
rib

'

'

of aald

H. Hoyarila-lwi •Id eoort oa tha Hh Mar of
and aaM.'. r. alau, to all aiaWWUiJ eoba by tha Hr-'niTa aadar tha aalaoflly of
aaan. aad abject. al».. to Uw daMa aad tebllltia
«( Ika BaaalTv, and aid 0ia iM. UahWllaa wUI
iHMlsa Uaa apo<i th* praaBaaMlihiaiataad.
I

SaTird

Sat

^aa Ina JMda

rSaka.

ala

daia. O aalan a, iaklaa>Ba»di^ti«aa.lo ((alM
ik»a« lka«gi _afSg
tka il
>i«i

l—

lm
awv, wHk
>f Mijaflllataad tkaaaa ta
aada Waaaaa

. «o

***JR*!&*S5
i

.«»

Muaiaafc

ta Oail ad

tawVadnS

m

akaad
ii

Mdaaor

aad to tka polM
faU"W> Tram a nial at or
raataa
aforaaaid ap tka Tailor of tka aaft

a

:

.

akiaiMka

aaa Aaaaaia

fSitU Jflrar

uiabuSatWaMaalla alaaaU lialB

a&iaM

lo
aaar Wnthaainwa Ihtm
ridaa: fna DHIas atutiaii dowa tka vallfT of
tiiaitaa WTariotaJSailoawnk tka Ofaad fUrar

l

u

w

HU aaidJttwgiMwRJlSkCtaak
taa d k» Pifcaaa Qly i_nfm po wu tm tka Mao

aal

atarCllaaaltaMnf th* paqkaaa anaay aaat

~»MI

Daara * Rio
aada and eacarad kylkk tWdi

th*
t

(

of taa parrbaaa
aaalTalaat lo eo nmcb la
will be dui ribs
._,
._ .
BwialTer will raaafc^ yoatiafua of tk*
t ptaaliM with all powara hartiofora or
t «farT*d, until tha aaarayaaa
aniliia "S^
a
r kaaa a eonv-t
of taa pmiiMa
'Ika day of
Mraiad. th* par•aa, and If the aale *'
dcllrary of
akaaar,
_ oa
_
ky ika Baoarrar,
w3k*
fca'aatitiad to raoelT* Ika Bi| ta aoaa aad aamI

Maraa
TTka

a
iioordmw

l

l

j

lakatwadB gatlaall aadOal Jlortai tram daaI

jp» jyaalija

aikwiaiM lo piiigi

. Jhrartaa StSSl^otliaBad MoSSaia aiaa.
ftoa rhaalta adinaaia aptka aaBarof tka Cbaaa
BiTar to Chaaa af taald aad ftaa Wapa n hi aforaaid ta AWaiaiiaai la Haw Mailaii
i

i

^^

dat laliiiaad lal^iiy of aala.i
aTaach laeoao aaTtataliwi aliiliaet to
aa/ la** baaa aada by
b] thoB*-

l

'

ii

—

Ifaw. aad fcaawa u
- anrUade, 1,will
ba

of Jaaaary

ii

aaa giaia aad Bat ap lajM afi iPialil to koa.
lai Mdfcd«aakak,aadtkaaa»ga W aaaa t ua with
I aMlaallna Caafeaia watwwl a a poial oa
~
i

TUHBB AND A QUARTBB
TUUUSAND

a

""

ABLEST LiriNO WBITEBS

Inallbtaochn of Lltaratare, Beleac*.

ox lore* or

a

i«r. the an<1«r<iini*d,
aaaWal ConailaalanTniatee* un<ler tha aaM.daad of traat aad
of farther aniiranea aad Ma Dtara k Bio
Com
lawr will kiaala and dallTar a
Ballway
BTwyaac* tu Ik* panbaatr. and th* parua aaecawKir or tataaaaoi* la Interaat. will
ba let Into poaadadoaof UM prop*rty ; and
,t th* aia lla^kaaMlltd to raoalT* all
B ifc aad dtt aa t ul a of tha
1. BMD*. papers i
k Rio Orand* BlilvayCaaBaar, and of tha
raUtlaa and ajaaitliilin totha franehlaa
Dparty ladadtd BTtt* daera of aala abor*-

a

M

Ml* aha! aet ba eoatraiad by th*
aoart. th* anrnnnt ft pnrehaa money paid by the
Grokaa«r will be rvfundadwlthoaldadoetlon nalaaa
I aatkcrmirmaiion ihafaof ahall ba dna Uj the

faalt of the parcba-M-r. la which arant roch tenna
itie aoart ahaU think ]nat and
win bo iBpoaad

a

^MaTTke aid ale may ba adjaaraad

by aonoono*i Inie aad alaaa befor^mantlonad.
to ailjoumiyi. aaoh tal* aiay b* bad at tba
-'
t"
-tmS th* aam* ahall
place
i'
be ao
adloaraad wltboat fortadr aotlo* tharaof.
nFar aar* melde.iMMaM <rf tta nsbuaad propaforaailiaad tka. larma.aad cqoerly lo ha Bold
raf(
t'la hartbr
to
.
dHwaa of
In tkle behalf m andaharcbilb*for* atatad

dat Bade at the
If

'

a

lovn
John

a.

MBrBR,

•

a. arBWAiir,

It

the
ha aow fa aiany yaara*held
*

Brat place of

"There la nothinx
oar aailal pahllcauona."
aolaworthy In edanc*. art. Ilteratura, blocrapby'
philoaopbyor relMrluo. that cannot bofonndin It."
• • '^ It oonUlu nearly ail the aood Utentare of
the Uaa." -Tka UMtnckmon. Mrw Ttrk.
- Nanny the whole world of anthora and wrtta*
apMarlaltlnthalrbaatmooda." • • "The reader
la kept wall abraut of the earraot thoncbt of tho
aaa." thMim Journal,
that It
^Mt mayb* truthfally and cordially aid
B*Ta ofltra a dry or raluelaa pa«a."— Afaoi ro<"»
THbaiu.
„ ___.
" It area not only time but money. '~FaeijK
Ckarckaua, .Sua rraitduo.
„ _ „.
" It ha broome Indlapenable."—W. r. Ooamwr.
"The beat publlrailon wc know In the world —

WoratnaMar,
Palillahed
or,

irumlii«l<»i.

wccmr

.V.

at D« a

C.

yea, free of poatam
and any one of tha

fa tlOSO. THE LiriAO AOK

H Monthlla (or Uarftr-t W'**'!' <>lL*!J»f
THB
aent for a yea, poet paid or, for lu

Amartcaa
will

ba

>

ISO,

:

LiriMO AOB and the SL Stduliu. Addraan,

LrTTELL

dc

CO., BoaCoa.

Cotton.

Alexander

&

Cargill,
COTTON BROKERS,

AVOVnTA, OEOROIA.
aUre attention alren to
TO ORDBR for BP1NNRR8

purctaaa* of

and

COTTOB

BXPOBTBB8,

OOUtkaPONDBHCa 80UCITID.
RkrkRki«oa.-Natlonal Bank of Aotniita, Oa
k COm Commlwlon MerchHnu. Now
Tork William B. Dana * Co.. Proprleton CoautlBciAL * miAinnAi. CHBOinoLi, and other N*w Tork
Ilo aaa.
Henry Uenta
i

James F. Wenman & Co.
COTTON BKOKER8,
No. lis PKAI'I.

STRRKT,

N. V.

Batabllabad (In Tontine Bulldlna) 1H40.

WAI.DROM * TAINTER,

Tmatea

kolloiuir for Ooaplalaanta.
lor
. STiWAVT. tolldta
A.

COTTON MERCHANTS,
COTTOK KXCHA^GK BlILDING.

TrnataM

SPECIAL ATTBNTION TO COTTON FDTUBB8.

8p*e(al Oaaalaaloo*ra

DnoM.

WlLUAk

a

a

:

and

.a* Cgr tka p i i p u aa.of
L. B,

aad

Limo

la

i

If tb*

DBi8dMaylBth.lwa.

Politic*

Art.
not too mneb to ay that with Tax
AOB one onataanda the wbole fleld of current lltarary actlTlty and It ha nerw been ao briabt, ao oom'
ft Is to-day."
dlraraiaad In Interaat
pr*h*aalTa,

"It

aala

w

i
all hf Itanaaatfc
ai toaalfear. alan, wtih

a

rKoawadiaatlaa of tha ttport of ale. and
^a-E
dateoapHamv wMfe tha ttraa of
by th*

a

a ofaM iSwvaad

aoT*ry. Poetry. 8clentldc. Rioarmphloal,
HIatorteal and Politics! Inturmatlon,
from the entire bodr of Korelxn
P^n'^lca) LUeratnre.
Ula therefore Inralaablo u> erery Amerlcanraadar.
th* only aaUafactorlly fruh and ceMPUrTB
eompllatloo of aa ladiapenable currant llt*ratnr»—
Iwdlipiwalila h*aa
It amhraoa tha prodaotlooa af

d. I-

Mwttkia thirty (SO) dark
have the.tdM
noa ehwa akallTb*
~ I
BM>rt«t:ta

^jutrntf k adi lw a^ p ulaa

Inartailftrna

who
ICMakldwlIlba tcr^vSThrm a» Mdda^w
aak ib. aaa,or •ttylkuaaaDd
mSatmma
tb* alt ba eoaOraiad by iha
i
^fKIHLlaaailf

iaawaaa fioa

*f "*

r*Kar aala alBaa

twaay

than

doabl*-oolnBia oetaro pane of
Saaiiallraad wpplMa wkMK JSa sSSriSr'aay
rwding u iatar yearly. It pr*teraoahaad at the una oTaik. or aay aadalra
anta Tn aa InaxpenalTe fonn,
ikdnSla* kafor* d*llT*ry ^jaaaalwi.
^cooaldarliw Ita araat amount of
n* fakaulaa iiiaina wiH ta aald a aa ao- mattw. wlih freahBaaa, owIm to Ita weekly laaa*,
tlraly waaUMroflowiac uraaaad eoadttiou
and with a compl*l*a*a aowba* *iM attamptad,
!•(. rSt aaw km r or vaataan *• lak* th*
heat Baaya. R*Tl*wa. Crltidama. Barlal and
nynfetaallo tha aBMadaflha prior tlaaaad ThaShort
Stortaa. Bkatcbm nr Trarel and Dt>-

wiia

.

to tiM

LIVING

tlnoou* oommaodatlon and loo-

anil .««cra<ary. r*ap*eaT«r. and
It
to aald Uunle II. Meya.
aola aarTlTlna
'~'ac Traata*.loth*llaa by aaM daadof
la'

THE

AOB aatara apon lu fortytblrdy* ar, haTtaa nwt with oon-

aahar. MML aad Bail" and azaeatad by aald railway

to Ika

France.

BotwaoB IfBir

a

aad

araatdrtfwar aaaaaar. of, la. aad^le tba laaa.
rri Jill
r -' laopaitf kalas daMrtkad a* tutAu'tka iMtf. Utia aad Mamtaf tka aaMTIta
DaaTrr h Bo Onada Bailwn Caapaar. la aad to
ta* laid ftMahlaaa of tka

.

aad fruobiaa Maadtad or InaaywiM
ngaoik a^ranaaaaa, i

aBaadabwalartka tBllwar laupaity an**** Mb
i»fcn. flaacUMiaad lalararta, laada aatf attfwtaaacaaof HMDanrar* Uo Ofaada BaUva/t^oa«aar. eoBiafa* orlauaaa* ao lo ba. ky MM «a«« af
tewkaa* kT«M two eactata U i»t of fankaraa-

M

a

.

brnM

Direct Line to

I

•arrar. l o ala . eooatnct, aalnlaln, aaa, and oparata aid lailwar aad liiHiaiaiik Una oa or alone th*
jr roata B*nUoa*d la aaid aartMala o( Ineorpotatloa. iBctodlas th*
liar tka poblio
land*, apt
uafSa
aa la aald aou
of Cooaraa pruTlded. whlak
railway
panj had. pn n nrl ezaralaad. or aajojrad. Uwathar
with all aad atncnUr tka aadowaaala, laeoaia aad
dTantaaaa. laoaiaanta. aar«dltara*DU aad appor
to th* aboTa aaatlonad railway and taleUnaa haloinliig or tai aiijalaa apaartalnlaic:

Bio Sfaa**

dafaalt kartac
o«can«dlatba»araaato< tha pMaal*aI aad Intar«a*d of Tnut. we
a«o< IkaboadiMMrad
win. oa UM twainh «ar of JalJ. Ua*. at Uanrar.

ONLY

oa or apea latd railway and

or aar aait or poctloa tbaraof, all
^'•AUIOrTHB PBOPERTTOFTUE DBNTVR eorporata Ilaaa,
fianehlaa of ta* lald railway compaoy, of
A MO OKAlfDB RAILWAY roill"ANT.-In ay aatara lalailna therato, ioclodlac tha rtsata,
and
powata
ftaiiciiiaw
araatad to aad oonferraa
•qidtj. - CHARUH F. WOER18HOKFBB aiMl
apaatkaaald laUwaj oompaay, Ita aaoeaaaora aad
atlMnn.THB OBinrKK AUO UBANDB KAII^
and bT Tirtaa of th* acta of Coacrea
bUI r*c{t«d,and alao th* franehla* to
WAT COMPAXTud otkaca. Mo. l^n.-NuUa* U la ika

>w>y«lT—U«f««r

:

IX

|:c9al ^ottce.

%tQ}Xl S-OtlCt.

Ballwar Compaaj. to a*

,

THE (HUtiNh.LR.

U88.J

10,

—

:

W

,

.

THE CHRONICLE'
WuUer

INMAN,SWANN&Co

NKW YORK.
lAANS MADC OS ACCBI>TABLB BKCUBITIKS.

& Co

—

New York.

Berhlehem Iron Comp'y
40 and 42 Wall Street.

,

COMMISSION MERCHANTS,

G. E. Staengleii,

COTTON BXGHANGB BUILDING,

SmW YORK, NEW ORLEANS,

NBW
'Cottoa, CoSBe. Grain
•Bold for

YORK.

In

New Tork

the varloua

COTTON COMPANY OF STUTTGART.

Oltj.

Antborlzed Capital, B. H. 20,000,000.

COTTONAND NEW
NEW YORK.
UIANS COTTON
COFFEE
NEW YORK COFKEK EXCHANGE,

.at

Ihe

and

GRAIN AND PROVISION!*

*tttae

NEW YORK PRODUCK
the

KXCH»N(;E and
CHICAGO BOARD OF TRADE.

New Orleans.
Lehman, Durk A Co.
LiBHAN. Stern t Co.,
MontKomery, Ala.
New Orleans, La.

LEHMAN BRO'S,
Cotton AND Factors
conmssioN ioerchants,
No. 40

EXCHANGE PLACE.

MEMBERS OF THS VOTTOH, OOFFEM AND
PRODVOM EXOHAHeBB.
L'P^TOWU OFFICE, No. 201

CHCKCH STREET,

New York.
Orders executed at tbo Cotton Kxchanses In New
T<wk and Liverpool, and advances made on Cotton
mod other produce consigned to us, or to our corres-

poodeuU

in Liverpool: Messrs. L. Rosenheim St,
Co.; In London, Messrs. B.

Bona and A. Htem &
XewgasB A Co.

JB.

F.

BABCOCK&CO.

COMMISSION MERCHANTS,
t7 crater

Street,

M Nassau Street. New York.

&

Robert Tannahill
C«tton BxehanKe BnlldlnK,

New Tork

£paelal attention glrao to the purchase and sale of
future Contnujta
In Naw York and LlrerpooL

Walter & Fatman,
COTTON BROKERS,
BBAVKR 8TBBBT, NBW VOHB
F. HofFmann,
COTTON BROKER AND AGENT
I.A

Wheeler,

COTTON COMMISSION MERCHANTS
NEW

RAGGING AND IRON TIES,
(FOR BALING COTTON).
Advances made on Cotton Consignments and Special
Attention given tu purchase and sale of

CONTRACTS OF COTTON.

FUTURE

Mohr, Hanemann & Co.
186 Qravler Street,

RAITRSB.

Geo. Copeland

HAVRR.

&

Co.,

OOTTOH BB0KEB8,

•4 PBARI. STREET,

New

York.

NBW YORK

&

Schroeder
Buccessora to

Co.,

W.aRB & SCHROBDBB.

Cotton Exchange Building,

NEWr YORK.

&

Dennis Perkins

Co.,

COTTON BROKEB8,
I3S Pearl Mtreet, New York.
Orders for Spot Cotton and

futures

promptlT

<,Te<»»ilert

COTTON, STOCKS, BONDS, Ac,
25 WILLIAM STREET, NEW YORK.
Orders in " Futures" e.xecuted at N. Y. Cotton Bxch

Phenix Insurance Co.
OF BROOKLYN,
Office,

New

solicited.

FELLOWE^ JOHNSON & TILESTON,

YORK.

ALSO

Cotton Exoh. Botlding,

Co.,

& Commiesion MerchantB
NORFOLK, VA.

Orleans, La.

195 Broadway, New York City
Company Itt Day of Jan., 188S.

statement of

CASH CAFITAl.

tl.000.000 0«
S,390,9S& 97

Reserve for unearned premiums
Reserve for unpaid losses
Neteurplus...

SIS7,liSfl

87

640,981 18

;.

$4,343,430 S8

Bpeoial Attentiok Given to thb Exeodtion

OF OBDEB8 FOB

STEPHEN CROW^ELL,

FUTUBE OOMTBACT8.

&

Gwathmey
FEABL

No. 123

ST.,

»EW YOBK.

P.

BURKE.

Sec'y Local Dep'U

,^TNA

Bloss,

COIJMISSION MERCHANTS

President.

WM. R. CROWELL, Vice-President.
PHILANDER SHAW. Secretary.
WM. CHARTERS. Assistant Secretary.
FRANCIS

Co.,

Cotton Commigsion Merchants,

SS RI7B DK

h. wheslxr.

LIVERPOOI.,

Vi«oelr« oonalgnments of Cotton and other Produce,
and exacota orders at the Bxcbanges in LLrerpooL
Bansaatiim In Naw York at the uOlce of
SAM-L D. BABOOCK

AS

&

Bullard

&

COTTON COMMISSION MERCHANTS,

YORK, CHICAGO, ST, LOUIS,
LIYERPOOL, HAVRE AND
NEW ORLEANS.
Henry

Reid

Cotton Brokers

Correspondence

NEW

Bullabd.

<)«>.,

Liberal advances made on Cotton consignmenta.
Special attention given to the sale of cotton to arrive or in transit for bi -th foreign or domestic markets.

ORDERS EXECUTED IN

L.

KAKKAR &

k.l<Kli,

COTTON, GRAIN,
G.
PROVISIONS, COFFEE.

John

NEW YORK.

Liberal advances made an Cotton consignments.
Special attention given to orders for contracts for
future delivery of v_otton.

Price,

Co.,

PETROLEUM, STOCKS,

COKBEgPONDKNTS:
VeMTs. Smith, Edwards i Co., CoUon Brokers,
f>lTerpool.
Jaa. Lea Mcljean,

Jones,

NOKPOLK. VA.

WIIiLIAin STREET,
NEW YORK.

1

LIVKRI'OOL
ORBJiCHANOES. Also orders for

&

Black

Nevr York.

STREET,

132 PEARIi

Fald-Cp Capital, B. H. 6.000.000.

8 South 'William St., New York.
XBCUTB ORDERS KOH FUTURE DELIVERT Williams,

&

Farrar

AGENT FOB

Henry Hentz & Co.,
COMMISSION MERCHANTS,
attke

nanhattan Bulldlne,

sod Petroleum Bought and

Cub, or carried on Manlo, on

xebange*

14 NASSAU STREET, NEW YORK.
RHivrn OFKICES
Offurrs 1^2 t'hurcli Street, N. V.,
BRANCH
j^„j, ciiRpcl -M.. Ncw Havea
Personal attention Kiven »t tiie K.XCHAN'JES to
the purcbase and sale of STOCKS and BONDS for
Citsh or on raargin.
DEPOSITS RECEIVED— subject to check at slgbt
«lth interest upon balances.
Special attention naid to INVE3TMB.NT3 and
accounts 01 COUNTttV BANKERS.

SPaOIAL ATTENTION TO OHUXHB FOK C0NTHACT8
FOB yOTUR* D«ur«BT OF COTTON.

R. Macready

Hatch.
Hatch.

it.

S
j

COTTON MERCHANTS,

COTTON, AU, GRADBS, SUITABLE TO WANTS
OF SPINNBRS
OrrutKU ON Tkkus to Suit.

I'.

Arthur

T. Hatch & Sons,
BANKERS,

W.

MERCHANTS,
Place,

18^6.

Henry

natch.
T. Hatch.

T.

Nulh'l W.

Stillman,

FostUnilding,lG£18ExcbaDgc

10

^iscellaujeous.

Cottom.

Cotton.

Woodward &

IJCLY

Insurance

Company

OF HARTFORD.

Orders for future dellTery of Cottonexeouted In

New York and
Tlsloni In

larerpool

New

;

also for Grain

FEARL

ST.,

&

Co.,

NEW YORK.

COTTOIV.
OD commission.

JU

CLISBY

A:

Aaaeta Jan.

CO.,

2,057,776 24
3,202,320 41

$9,260,096 66

1886
St.,

New

ALEXANDER.

Yorif

Agent.

C OMMER CIAL JJNION
Assurance Co., limited,

COTTON BUYEE8,

of london.

nONTGOIRERT, ALA.
PJBOHAII UHLT OM ORUEBa FOR A COMHIMION

1,

No. 3 Cortlandt
JAS. A.

Advances made on Consignments of Cotton. Con
trncts for Future Delivery of Cottoa bought and sold

JOHN

$4,000,000 00

for unpaid losses
re-Insurance fund

Liabilities

and
Net Surplus

York.

Henry M. Taber
141

and Pro

Capital

Office, Cor.

Pine

«fc

William

Sts.,

New

Tori.