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- 1 1 . 11 xmuk HtJNT'S MERCHANTS' MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATEa VOL. SATURDAY, JULY 41. 1 1, NO. 1885. statement covers the month of June and the six January The Commercial and Financial Chronicle m New York eeery Saturday morning. [EntoTod at the Post Olltoe, iU JOH.N (J. 7s. £L88. NEW CLEARING HOUSE RETURNS. exchanges the returns in In the pres -nt btateraent of for both years, cover and cases, only five business days. all The is dec dedly more satisfactory than any of late date, the figures at moat of the cities beins; in excess of those for the The comparison with 1884 is quite full week ended Jane 27. f-ivofdhle, the p-srcentase of loss reaching only 79 per cent for the whole country, while outside of New York the increase is 8*3 per cent exhibit Wttk EruUng Juiy Per Cent. 1884. t434,T09,aS5 New York Week BtKjlno Junt 4. (552,672,883 -133 1885. 27. PerCWil (1,851,7B8) (1.68H.255 (-28-8', (181.000 1390.100) (-58-7) (Oraiti. . .tnutielj) (23,874.000 (26.761 .0<X)l (—10 8l lPttToUum.JMt.) (9?,0»2.0(KI> (52,3 3.000) »87,7-.i5,212 164.227,444 3,»iM.l00 2.193.501 1,220,612 97H.300 ('7>tto?i....(»il«i.) Boston r+76-U) T-5-4 Worcester 702.736 S03.548 BprlntfUeld Iiowell 697.4 eftS.4tt8 -1-6 -14-5 -19-3 —20-9 —12-6 -10-6 894.M40 40r,l4S -80 76.955.20 ; (71,459,116 $46,723,108 5 151,512,704 6.818,010 ll,7..7,385 11,374,091 ProTtdencfl 8,t<0«.l- Banford 1.1-74.780 »*i,r?i New llaren Portland Toul 7e«.3;ii| N. England Philadelphia 6,^02.5 Pltt«turfe Baltimore |85,19.'.9-8^ Total Middle.... (47,4(i8.446 Chloaeo Cincinnati Ullwaitkee... Detroit Indianapolis Clereland.... . Cdombaa F*orU Total Western.. St. St. 0; Loala Joseph Mew Orleans., (41,363.4411 470 7.827,650 8, :69,)I50 4,i8H,9l7 3,56.1,000 2,702.1*78 2,410.196 —4-2 +20-8 + 121 1,014.806 t,3tS6.2<l3 2. 102.860 1,256,806 1,407.649 57'1,B55 7U,361 On Torki (-532) (-60 61 (-72) (+2 0) +3-4 —12 2 -11-9 -13-2 +8'S 4;i.:ct0.760, —3-5 -13-7 -9-7 27.>67.99"| — S-4 2l,Nt6.'M -t8-4 20.01».014;-10-1 10.3y8,195 -SS + 11 Tot. N. Bdr. 316.404,626 292,B86,973j +8-1 1,839,939,267 1.922.931,553 Philadelphia.. 193,331,306' 3",715,771 20S.S66.203 3".4«;.709 47,043.519 —4-9 1.09'^.472.224 l,?6a.l97.00: -19-9 2Td,7K5,.S69 -37-8 823.167,146 —8-8 90, PittsbarR Baltimore 45.2d4.ii91i l,9i<9.9j6| +0-7i -3-7 171,9:ill.>'32 291,697,363 12,834,199-100 -4-3 Tot.Mlddle., 271,341.971 282,897,431 1,568,109,419 1,865,149,520: -205 — 205.145,3.13 3.1.372,150 15,395. 920 186.944,,775 +9-7 1.06.8,506.456 6-8| 217,iOO,100 35.9.'2.,150 11.H62,,4.54 t5-o: 87.72:4,1182 68,656,539 10,466,O40I -t5-0| 80,7n6,28H 7.467. •216 -311-9 47,787,436 9.4»4. ."jfll .••3,211,328 5,«»>..720 +B-4 16-5 19,ll«.10i 8,645,.ars J,161,872.«2ol -80 —70 r'hlcajfo Cinulnnutl Milwaukee ... lO.HSW.WW Oitn.lt — 5.1')l.f<83 Indianapolis.. Cleveland rolunibus. Peoria . 8.VM0.346I 6.201,270 3.012,094 .. ii33,6fl-<..S5o —0-7 —4-0 -25-a -9-6 -2-7 8~.-21l9,H«l 63.2.'i9.142 ,19.786,230 -50 .%,>SB7.:!»H 34.1i-l,77» — 2'2.82«.4Sl!-16-8 -7-8 l.f.08.01 1.049 274,392,588 i-e'9 1,565,969.234 61,130,fH21 4.ii07,0n8| 21.l.-4,Mi0i 68,670,187 +4-8 +44'3 3fl0,507,7-9 17.i77,w71 189.0»».O93 Ltfutsvlllo 17.8110.7:17 18.ll7-,!.2ii5 -1-4 413.857,904-10-6 10.590.007—12-8 261.643.105-24 9 108.26MKN IIH.751.4.14 Kansifs C-ty... 2(P.a«6,433l 13.4-24.043 l',732,989 +510 +42-6 101,03«.668 84.906.705 Tot. West.. St.Lonla Sr. inseph . 293,292,334 ... Orleans.. Memphis 3.925,803: 2,7-.B,B53 2-2,91n,30<i —7-i —7-8 76,898,928 +35-3 30,9i;0,34« +12-7 Tot. South... 128,333,022 118,012,437 +8 2 822.969,294 009,807,727 -B-B San Francisco. 44,732,34? 41,261,891 +8-4' 273.650,387 a67,65'i,771 +8-1 Total -I2,976.4 10.876 3,406,705.485 -1-2-6 17,931, 11 1,4K0 24,«17,316..'M2 -87-1 all Outside N.Y.. 1,054,105,1951 1.0i'9.991..S2' We — +6-3' 6.0M.'-37."0ll 6.7B3.21i2.«2n -10-. a -31 -14-9 -8-4 -5-5 Six .VontHs June. DacrtftUm. Pttr Vaiue or Qutintit)! +1-6 Stock Sh'r's 4 438.755 Vain. J103.5 22.09 *4S.I.'4,:10I bonds. *2.57n.4IK) Gov't bond* R R. bonds Kanit »t,#i kA ^'87,(1 StJite -£3-3 -10-7 -2i-2 1,2«(),7j5 ^O.jOl !i4tvr', < Price. Valuta. ) 273,72.5.723 675 ! Par Value Ac^vuU or linanttty] Yulxte. 3.1u:?37:m!1 «2S.453.486' 69-1 *3,0 11.33;! 1 18?-.VS.9:W 68-4 S47.S.SK, 131-9 *2().s.590,OI«) «S,4.'.9. ' 00 : (2,53'.400 (470.1251 rer^Qt Price. 4 2,143.310,500 688 (139,104.908 66-7 t9.999.0if3 1 1 8-2 (i.l:i.77ll 46 1 (.•iHH,74ol 114-6 251,!6i.(K)0 $2U,H9'l,9.'i7l M4 l-.lc l,5in.51».Oiiol|.191.-2()».67li'78 9-10 1.4i»l..i00 -2..V2 1.460 ?.^1 78 8.«IS.4"0 $49:l.l«I.^M0 f.'iSSO 7-10 188,(197,816 (il3.9l9,2;S ,S8 19-'2flj 9'23.791,-2-23| S7»-2,-247.5^2 IVir'l'uj.bbls Our K) Actual W (706,89«,OOU| |4,76i),«63,555l I t-legrapliic returns of clearings for the five +31 this (Friday) evening are quite satisfactory. days ending m true that those for the It is show some decline from most -191 previous five days, but this is not surprisinir, as in consequence of the holiday last Saturday the exclianges for previous +0-3 days were somewhat swollen. It will be noticed that at all +8 8 -1 9 cities, excejit New York and New Orleans, some increase over -3-4 1884 is exhibited, and that for the whole country the excess +5-4 this year is 4'4 per cent. +688 Hm DOf Bndlnt July .10. 6 U^yt SnA'Q JxiXy 3. + 60-6 +8-2 4,617,049 846,390 127.907.111 (24.9^4,41-3 +120 (27,521,422 +10-8 ni.75B..388 (10,826,643 +8-6 (8.501,100 -9-8 -7-9 (671.291.121 -19-1 "+?2" (221,212.200 New York 9H,,7kI .8(j0 3«, 113,,023 no.,924,,T-3 22,,01 3, 14(i 17 ».«9,,978 cases the figures 1885. New York Sala at SUxk Boston Ifkt.) Philadelphia.. Baltimore. Clilcaao , 1884. (399.140,6731 (807,042; 63.669,889 +43.300,000' 10.8I4.3«1| 188S. -0-5 (1,337,0101 (—3961 +20-4 49,821,787 (401,285.8851 50,288,237 9.338,009 35.58S,000 [ I (481,708,8661 Per ant +10-1 (1,091,383) (-ir4) 67,728.842 +38-8 +104 46.72.1.10S, +16 8 11.767.S35 Stock Exchange the market value of 40.371 .000; +18 6 shares sold is $7;i.32S,00J, against $91,738,000 for the corres- St. lA>ula 13,19I,>,(11 +l»-6 15,770,832 iwndinx five days la-t year. New Orleans... -806 4,046,041 6,099,887 The exchanges for the month of June show a decline in the +4-4 Total (877,142.739' (632.817.2 16 aggregate from those for May of about $22,00f),000, but during Balance, Countrj* 57.805.897' +4-8 60..136.983 the same penol in 1881 the falling off reached over ll.lOil,ToUlall (6'8.I83.-23U (634.9 8.6.16 000,000. The loss this year, however, is entirely at New York, as in the balance of the country there is an excess of more Outside New York (235.80;.963, (2<)6.»47.U5| >14 0" thin 153,000,000 over the figures for May. The following • IBstlinatedoo the basis nf the last weekly returns. the I : 603.511 "(243.538.59; ,4' 12' Lowell 1.08 J.86 4,479,075 3.848,215 — —01 210 .. -257 -ISO 597.663 l,6«.1,fll9,M3 1 14,!!9 1.000 18, 212,,872 II ,550,,820 Sprlnfffleld Total value 1.95'1.600 ,«!.") 25,1.827.7901 +901 «-4 17.10:1.700 5,lM7,74Mi l-28'6 4.47., H.39' s.ion.iim' 48-7 3,1 14.7601 —0-0 2.vii8.0Wl| -fO-9 continue our compilation covering transacuons on the -80 various exclianges of New York, brin^^ing the data down to -17-5 the end of June -122 -11-3 +7-7 +69-6 +25-6 (248.79L3^ .>54 +144 (13.191.043 738.630 ,47/ H55 Hi^rlland Worcesl^-r... 2.4H4,2.SS —l-l ( 796.21 New Haven. 8,513,160 2,964,304 669.118 (733.500,6113 — ,500 Cotton. bales Uraln...bush 061.ISS 833.175 ,664' +1-2 +1-9 -12-6 (40,.106,769 (59.217.398 2.48».0»H New (58,229,756 +4-0 4.917.10' Outside (11,999,136 e,0j7,4 9,123.143 +123 4.397.9 6 all 896.199 748.688 657.954 613.677 399,209 (64,124.448 4.7:1").8I2 Total 1,W5.913 (ll,-.77.727 4,181.667 I (62,009.886 3,187.900 (1 3.223,675 KannasOltr... Total Southern.. (90,820,000) (66.g,S0.e31 Loulsrille Ban Francisco +61 +36 -5-8 1,829.3 3 (316.0001 (69,769,436 -9-3 |69,204,b95 4,2e«.!i00 Memphis ~^~ (1,237,184) (25.36.1,000) ( 1,6M,,322 895 2,39e,714,10D!-19-8 11,886,473,859 17,864,034,228 - 33-4 1,922,335,681 2,335,1! .. PruTidenee.. lartford New (448,053,921 SaU9 of-~ {,Stoela....$1vva.) » I B. DAIVA & Co., PiibllHhersi DANA )\riI.I.IAin S 7)* ^k Si William Street, V'OKK. FLOVD. Poar OFfici; Box 958. ) B. 1884. 1885. P. ex. 1884. Boston 10 £2 since Six Months. Jane. Now York. month » : ( $10 20 Auiiual Bubocription In London (lucludlu? postage) Six Mus. do du do irn.UAM and 1884 New York. N. Y., as second class mail matter.] Terms of Snhscription— Payable in AdTanre: Moiitlis 1885 published in ForOiii- iniir (inoludliiK postagii) ForSU \ in 1,046. + 0< 47.488.0001 +33-4 +36-1 18.2-23.675! +450 4,03»,807i +80 ((r:5.«78.&32. +14-4 -0-8 43.«77.6»4 (718.064.1'i6 (8.14 .244.791 * Kstimiiicd. ~418-4 | +208' 1 1 THE CHRONICLE. 34 XU. [Vol. form these returns are more expressive than in the weekly form, the longer periods for the comparison giving local or special influences less chance to affect results. "We this THE FINANCIAL SITUATION. The money market has this week returned conditions and the stereotyped quotation of old to its per cent 1@1^ do not mean that the situation these any- totals disclose is unenterprising one we have along for bankers' balances again prevails, with the bulk of the thing but the per cent, the higher rate being exceptional. The rate was, however, spurted up suddenly yesterday afternoon to 2 per cent, but it fell back almost sumption that the worst has been reached, and therefore business done at 1 3@4 per cent, although willing to accept 2 per cent or less from regular customers offering Banks ask immediately. This relapse in rates has occurred precisely anticipated it would last week, the exceptional fair collateral. we as dull, all been suffering from; but simply that they raise a prea hint of reaction as afford passes and we begin to harvest in the aggregates for the last soon season the dull as our crops. This two months, and may be seen an extent to perhaps in those for the previous two months, as indicated in the following statement for the six months. and the payments of the Govern, ment for interest having been completed and gone into bank so far as this centre is concerned. To- day's bank inquiry being satisfied return should exhibit the full effect of these disbursements. A movement of about $1,000,000 gold to Canada to is noted this week, but that has no particular significance, being made in response to a demand for coin needed The cable reports discounts satisfied. of 1 in if at bills. demand ten days there has been a slightly better 1885. PrCt 1884. i j January.. February 3,312.047,658' 4.821,188,754 -28-3 2.773,4»3,0oi![ 4,023,766,828 —Sll 2,088.084,408] 3,96S,316.018 -24-7 it March..., April 2,901,839,088: 4,0l)0.945,262|-28-5 1,038,650,345 1,093,180,880—10-8 1,158,015,034-10-8 May 2,988,505,478: 4,3.13,400,554—33 9 l,000,6ti8,X«5 l,a04,l«4,13l|-16-9 June 2.97«,440 876l 8,406.705.42a|-12-B 1,054,10.'),10S| 1,009,90'..320| -fB-3 6,004,637,801 6,763 2t.2,62« by , —8-2 1,127,370,062! 1,241,308,007 873,317,3151 l,05e,02-2.888!— 17-3 975,326,489 Total8mO8.;l7,951,lU,460:24,017,3I6,812l-271 — 10-3. not quite London per cent for 60 day and three months bank » Ctearlnta Outside AVio Tork. PrCt 1881. be the Dominion Government; in the opinion of the shippers the inquiry for the present has been nearly Cltarlnos Total All. 1885. For the four months from March to June, inclusive, For the above totals are certainly quite constant, and. ^@^ there, in the especially for last two. Or, leaving all other points New York out consequence probably of the movement of bullion to Ger- the many, which, although in progress for about three weeks, has not until the last fortnight exceeded the receipts from not uniform are at least suggestive of improvement, the being the largest of the three, and in excess of a year ago. "We think this conclusion also conforms to the the interior. figures for three for months if last total among merchants, almost though there may be but little gain in drawers, of the nominal sight rate to $4-86^. It is asserted transactions from month to month, there carlainly is no by other bankers that this rise was not justified, and as loss, and as compared with a year ago a bettar bu-iness is In foreign exchange no material alteration has occurred, advance on Tuesday, by one of the leading reports one obtains from inquiries stating that except an all proof they point to the fact that the actual rate for doing, while with the shortened production values are demand sterling is nearly one cent per pound below the becoming firmer. It is of interest in the same connection above-named nominal rate. The price of long sterling is to compare the present situation of the e.xchanges with posted by business all all is around at $4-85, but concessions "are done as low as $4-84. is downwards; and it In is fact, There sterling, the is ; regarded as almost certain that a further decline in the rates place. and that existing in the year preceding specie payments and for that purpose, therefore, we have the tendency in subsequent years liberal, will soon take arranged the following, covering the years since 1878. EXCUANGFB FOR no particular pressure of commercial principal being offerings expected shipments of cotton crop will begin to move in about 30 against futures ; .SIX MONTHS, JANUARY (000,000s Omtltea.) drawn New and as the new week now should Baltimore increase the amount of these offerings. St. Louis Such an abundance of idle capital as the foregoing New Orleans... San Francisco. facts indicate for coming months, with foreign Total exchange continuing to rule low, are conditions obviously other cities therefore no surprise that they enterprise, and it is encourage that expecta- Total Outside 1882. 1883. I88I. _ 1878 TO 1885. 1, 1880. _IJ 1 1879. 1878. 11,886 17.854 18,704 22,799 20,077 19.288 12,387 2,124' 1,648' 1,222 1,006] 1,664| 1,785 1.809J 1,093 1,368 1,391 1,37«| I,360| l,22i 891 323' 358' 337 3141 295] 250 824i 9,831 533 287 205 453 224 239 261 273 Chicajio favorable to a growth in legitimate 1884. TO JULY _ Vork Boston Pbiladelphla... days, each 1883. 1 l.lSli 1,231 1,083 413J 852| 437 271 284 418 253 299 370 189 271 268; 788] 315, 258: 2551 262: 1,123 813 244 16,783 23,303 iM,440 28,361 31,745 24,063 16,016 18,221 1,168 1,314' 1,216 1,1431 079' 571 581 17,851 24,617 25,656 29,503 33,724 '34,832 18i587 all New Vork 8,063] 6,763 6,959 8,704 6,047 6,568 1U,7M 4,200 3,931 Of similar influence is the news of the week respecting crop development. The loss in winter wheat is a historical N. Y. cleurlnf^s, leas doable stock sales And yet even in that case there is some evidence that the results may possibly be less disastrous than reports claim. But with the exception of wheat Leaving out Xew York (where the clearings jumped up about 7,000 millions in 1880) it will be seen from the foregoing that the totals for the entire six months are even tion. fact now. 7,800 11,019 18,738114.780 10,667 13,743 9,550' ,<1,0571 there is very little unfavorable that can be said other this year 500 millions in excess of 1880. Since then, ther(aj than local harm from local storms. To be sure, corn is have been wide variations in the figures concurrently witl^ late, but as we have remarked on previous occasions good the rise, sontinuation and subsidence of the speculations weather will change all that, and this week has been hot that followed. But only when we take into consideration and favorable, so that excellent progress is being made the growth in population since 1880, and more especially the while the best information shows that the acreage is great development in the country's activities and requiredecidedly increased in important States. So also respect- ments when fully employed, are we able correctly to read ing cotton, all the latest news is extremely favorable, this statement and appreciate the severity of the depression giving assurances of the largest yield on record. The we have passed through, and the apparent check now to' truth is, all kinds of crops are doing well in the Sjuth, the decline. The depression cannot in any manner bo and the influx of buyers this week in our markets from measured by a comparison with the transactions during ti< the South and Southwest is a reflection of the improved years prior to 1880. prospects in those sections now. suggestion of some promise A drawn from the monthly clearings The better feeling prevailing continues to be refleciur may perhaps also be in the stock market. Of we publish to-day. la rumors have been the basis course, for the special influences improvement of spi oi — July H, THE (;HR0N1(XF. lt«)5.1 As I> Vanderbilt, the instance for Pennsyl- OmoM 35 iwe. F.AC. 1*4. 18^ IHN. t t IHW. i Taiiitt of II aud West Shore being in progress respecting a settlement negotiations one lump of the differences between these three all systems, and, as a sequence, of 'i'hough there seems to be lianges < were stimulated by reports securities all trunk line disturbances, good reason for supposing that these properties have been in contem- affecting certainly very difficult to believe the current [ilation, it is Would Pennsylvania buy a parallel road, and if would it be likely to do it in such a way as to lift what looks a little like a heavy load off the projectors' backs at their own price ? Or granting that, what evidence IS there that Pennsylvania has the power to turn over West Shore to New Vork Central, admitting that the Central wants West Shore? Or, if it has the power, would it be likely to sell West Shore cheap to Central (the only basis on which Central would purchase), and then buy South Pennsylvania at a full price rumors. -0, in return? where now tion thing result If such nature of the arrangement, the is We the reciprocity? is makes in progress it admit that the fermentalook amazingly as some, if t Oroiu «»'• Op (XPMMM «.0«7.IW» i.ian.«»« VatMn'*. IUS,0V4 >,(Mn.«iM t.1«4.4Sl l,tM)0,»3l JXIW.ftSS l,»H,0(» ljUilJI» 1,U(M.8M io,a««,iM io,flM,iT« »,T»t.au 2.lllKI,N!m t.mi.riis l.Wl.OOUl l,«94,IOIt{ M 4a,7W i,uii,aus S,4»7,7«7 Jan. 1 (0 JTaySl. Grou eun'i Op.expanie* g,Me.i84 WSMSa e.3»i,9r7 (1.4I.1.MN 6,»74.UIM 0,8111.984 B,H3U,19« e,gio,OM 4,H44,0M K«t wrn'ii. «.HT4,li07 S.H40,8ia 5,021, 1'i;' 4,«i3,94al asHsiroi 4,060.050 Here we see that under the combined influence *of declining gross earnings and increasing expenses, net earnings have dropped from year to year, till now only $632,094, against $1,407,328 in May, 1881. they are There has been some change in the method of keeping the accounts, so that on the 1880 little 1883 to figures the comparison the present year, but unfair to we is a that for notice May, 1884, the difference in net earnings between the old and the new plan is only $51,638 that is, the net was that much larger by the old method and thus the difference is not sufficient to affect the value of the comparison — — On with the earlier years. months it is a little the operations for the surprising that the five company has done was brewing, out of which a settlement might only $33,362 better than in the exceptionally poor period of the West Shore and other difiSculties hanging of 1884, when snows, wars of rates, and pretty nearly lines. And yet is not one compelled to everything else, conspired to reduce net earnings. In 1883 admit that Judge Green's answer put in this week in the it will be noticed the company had net of over five millions In 1884 and the present oreclosure case does not look as if such an end could be according to the old method. cached within any reasonable number of years without year the accounts made up in the new way show net of over the trunk : Company laking the North Kiver Construction )ther influences ' underlying have movements these all other affected :mes are in store for us, and if is a party. the only about $2,800,000. But Chicago Burlington idea that better reports smaller net in May many that case, the decrease is properties. so that prices of locks are low. not been doing so well Pacific latterly has year than this last, Pacific, and, as in be ascribed to an increase in to In the cost of operating. Union Quincy, like the tt fact, the Barlington & Quincy even more attention in that respect, since the gross attracts Union income statements are a criterion of its operations. The earnings of the road increased, while those of the Union xhibit for May has been issued this week, and shows a Pacific had decreased and helped in small part at least to By reason of this gain urther heavy loss in net, even after a heavy loss in 1884 bring about the reduction in net. lud the years preceding in other words the comparison in gross, however, the Burlington's loss in net is quite if its ; with 1884 decrease with small is the all the loss this year n gross earnings IS it is more not so is We much — these have result of a the which makes the present small totals, striking. however, that find, the result of a falling off in e.xpenses, vhich have increased $194,428, making the decline in net The $226,798. of the statement, and is understand. lifficnlt to ost of operating ional causes ; or expenses increase in is it ostly to operate; or at the is the chief feature same time a It is possible that the its of the that Union Pacific is noteworthy, nevertheless, that a road is & Quincy, which has always been economical conduct of affairs, should coc now have operating expenses nearly 63 per cent (actually 62-78 per cent) of earnings. have been influences expenses which In good at part probably Ihe work on both roads to same swell —certainly the systems now cover a larger mileage, in itself adds to the cost of opera' ing, and cer- are much lower than they were a new mileage is proving few years ago. The Burlington & Qaincy is very largely may be due to lower rates dependent upon the movement of corn, but did not in May merely temporary, due may be little heavier It Burlington like the spicuous for diminished only $32,370 heavy augmentation —only $47,888 —while quite heavy. to excep- tainly also rates the finally,. it derive any such benefit from the large crop of the cereal might materially increase, entailing addi- as was expected. The following will show the road's earntions to the expense account, and yet the receipts from the ings for six years. traffic be reported less, as happens in this instance. We Chic. Bbr. nave no doubt that in some degree at least the latter cir- & QCINCT. X685. 1881. ISSO. 1884. 1983. 1882. May. t « amstance accounts for the poorer showing now made, and t * l.Cn5.261 1.679.486 1,809.687 l.ttsi.ia9.009.878 Orosa«arn'9' 8.081.904 ihe contemporaneous increase of expenses shown by the Op. ezpeiues 1.307.163 1.158,498 1,188,116 857.494 9-i5,763 800, ICO iiurlington Quincy for the same period, would appear l,019,58rg! 75J,703 Net earn'a. .774,741 822,«8» 881,756 047,707 Jan. I to to afford some confirmation of the idea. Yet we cannot received for the business done, in which case of course the volume of traffic ' i*c lelieve that ' ' things have arrived at such a pass that the 'nion Pacific will permanently require 70 per cent of its earnings to carry on The ratio operations, as was the case in May. seemed heavy the previous ilay, when the per- centage of expenses to earnings was 60 per cent, but then we Man 81. Gross eani*B. 10,3^.483 Op. expenses Net cam's. We 4,:i.H7.380 0..'SSSf3» 9,407,887 7,718,481 7,014.745 7,070.649 S.Stf'.J.elO 5,030.428 4.344.06a 3.W7.815 3,i»l3.0«4 uiLa-w 4.43*1,859 3,374.:!89 3,0Se,VJ0 4.1«3,5«3 4, here see that the gross earnings are the largest on the net has been exceeded in 1SS4, ia and very decidedly in 1880. In this latter year the ioason for the enlarged ratio. In 1882, 1881, and 1880, the total was $1,019,-527, while now it is only $774,741, '•ost of operating in May was less than 50 per cent. The or $244,786 less. Yet the gross this year is $172,277 following will show the May returns for six years, as well greater, so that the falling off in net is simply the result of la the result for the five months ended with .May in the a great augmentation in expenses, which between 1880 ^ame years. and 1885 increased $417,063, Bttt 1880 was reallyexceplad the contest going on with the Burlington & Quincy as a record, but that 1883, - — THE CHRONICLR 36 Business then was very heavy, respect. ia this tional low, keeping while labor, fuel and materials were still very figure. the cost of operating down to a low collected following statement, made up from returns The by us, exhibits the rency by the New W«<* CTXJiBfl Julu and shipments of gold and during the week. banks York receipts $147,000 (938.000 * ffold cur- J93S.00O and leiral tendera.. ..»491.CO0 Gain »1,100,000 Loss. ..1,100.000 "jl.OlT.MO Loss.... 1609.000 Gold Total the year closed last week, so that its results can thus be placed alongside of those for other full years. At this juncture, too, we have the declarations and 10, 188S. Currency.. To Canada. The above shows the actual changes in the bank holdmovement to and ings of gold and currency caused by this the banks movement that to addition In interior. the from Sabhave gained $2,500,000 through the operations of the folthe have Treasury. Adding that item to the above, we lowing, which should indicate the total gain to the [Vol. XLI. New York by several leading com- to dividends announcements as Our readers are aware of the recent meetings of panies. the directors of the Lake Shore & Michigan Southern, the Michigan Central, and the Canada Southern, and of the poor showing disclosed by their accounts, it being however no surprise for the public to be informed that no dividend had been earned in the half year. At the same time the Central announced a dividend of one-half per cent out of the earnings for the quarter ended June 30. In contrast to this, the Delaware Lackawanna & Western Company the week previous declared its usual quarterly New York dividend of two per cent, without issuing any statement indicating that in the same when l^, as in April, The Lahigh Valley, had been earned. it line of business, made July dividend only its the rate was reduced to that figure. House banks of gold and currency for the week The St. Paul & Omaha, which in April came down on its covered by the bank statement to be issued today\ preferred to 1^ from If per cent quarterly, announces another dividend of the former percentage for July, and Net Clianae In Clearing Week ending July Out of Banks, Into JSanliS. 10, 1885. t93S.00« 7,800,000 $1,947,000 "$8,738,000 $6,847,000 Banks* Interior Movement, as above Sub-Treasury operations Total gold and legal tenders. 5,300,000 Ban-fi Holdings. Loss. Gain. $009,000 2,500,000 Gain. $1,891,000 after tllis will distribute semi-annually instead of quarterly. The Central of Georgia, in which Georgians are so deeplyinterested, made its June semi-annual dividend only 2 per The Flint & cent, against 4 in some other recent years. England reports a loss of £279,161 bullion Fere Marquette, in Michigan, will pay in July 2 per cent This represents £106,000 sent abroad and for the week. semi-annually against 3|- previously. £173,161 to the interior. The Bank of France shows adeBut these are merely some of the more recent announcecrease of 1,200,000 francs gold and 1,365,000 francs ments in which changes have occurred, taken at random The Bank of Germany has lost 6,560,000 silver. from different sections of the country. A better way to marks. The following indicates the amount of bullion in illustrate the present era of low dividends, is to arrange the principal European banks this week, and at the corthe roads in groups, and show the dividends paid by each The Bank of responding date last year. company July 11, 1S«4. July 10,1885. 0old. Silver. flow. Silver. S 24,701.341 27.202.327 46.006,167 43,113,100 11,710.872 40,51!i.445 7,531,250 i'2,653,750 7,331.487 22,144,463 Bank of England Bank of France Bank of Germany Total tMs week Total prevloua week . I Consisting Duties. Oold. Jnly 3. " 4. " 6 " 7. " " 8 9 Total $230,147 36 443,675 667,111 366,917 534,269 88 86 44 03 $2,262,121 57 their record for is Bmo8. of— U.S. Oold Silver Oer- Notet. Oeriifle'i. tiflcatea. New York N. 1880. 1881. 1877. Companu. 8 Central... Baltimore* Ohio.... Lake Ml. & Mich. So. Midi ff in C-ntrul .... Canada Southern ' 8« +10 8 4 per cent of this in Stock. t 7« 6 7 10 7 3 3 10 8 5 2 a« 3 5 iQoreaae due to oliange of dividend period. $10,00 J $S3,OO0 3,000 2,000 2,000 6,000 197,000 142,000 141.000 194.000 121,000 all 248. 0*10 of distribution 103,000 221,000 pay 10 per cent per annum. $781,000 »M 8)^ a 8>« $1-J6,000 $714,00<i 8 10 •8 10 8 6 8 10 Pennsylvania ..Holiday 122,000 275,000 113,000 113,000 $751,000 1888. 1883. 1884. 1885. y.L.E.& W..pref. $1,000 $14,000 Here any other section of the country. nine and a half years past. i The Assay OflBce paid $89,380 through the Sub-Treasury during the week for domestic bullion, and the Assistant Treasurer received the following from the Custom House. Date. proposed above. as with the trunk-line roads, which have probably suffered more from the combination of adverse circumstances dominating the railroad world than those of 73,963,46 83,173.1D5 80.999,122 65.558,190 74,701,OJ1 S)3,822,098 ij0.589,9?l 65,237..'iG . . for a series of years past, We may begin Without stopping these there is to discuss causes, only one that is we see that maintaining its among old rate —the Baltimore & Ohio, which continues to The New York Central, against its old rate of 8 per cent per year, has paid in the last nine months only 3 per cent, and the latest quarterly dividend is at the rate of THE COURSE OF RAILROAD DIVIDENDS. vania has given As in the twelve its only 2 per year. The Pennsyl- stockholders 3 per cent in the half year; months of both 1882 and 1883 they received Most striking however is the contrast in the case of Lake Shore, which in every one of the years givew paid something to its stockholders, and for four consecutive years gave them as much as 8 per cent per annum, and in that respect offers a sharp contrast to the condition that which now for 1885 is down to nil. Then the other two prevailed only three or four years ago, when all the lead- Western Vanderbilt roads, Michigan Central and Canada ing dividend-paying companies seemed firmly established Southern, have also again joined the ranks of non-dividend on their then basis of distribution, and other companies payers. To those having short memories, and knowing a result of the continued stagnation in business and and earnings, the tendency of railroad dividends at the moment, as every one knows, is toward lower figures, and reductions and suspensions of the same are quite frequent. The situation the consequent decline in railroad traffic 8^ per cent. appeared to have excellent chances of soon joining the the Erie to-day as a defaulter, it will perhaps be a surprise The change that has taken to find that in 1884 and the two years preceding, that road place suggests a comparison of present dividends with paid 6 per cent on its preferred stock. ranks of the dividend-payers. those paid for a is number of years past, particularly opportune just now and the comparison since the first half of A class of roads that has done< hardly better than the trunk-lines, is the Pacific roads and their connections.i . July 11, 1886 THE CHRONJCLE. 1 a7 Those have had their own peculiar troubles, not very a hsrdly less favorable account of themselves, as the subunhke however those on the Eastern lines. Their record Joined table will show. It will be seen that both the Chicago & Alton and the Illinois Central maintain 8 per is as follows. OmJM. OMnjxtny. AtOh. Tun. 0«ntr»l Dunv. 8. en K. 10 111-, .% e t lass. 8 m 10 8 7 BW Aad 10 aorlp. And SO : Itmot, BH Ctalcaao per o«nt In stook. 1878. 1877. 1878. 1879. A Alton 7H 7H 8 Do 8 8 pref Illinois Central 7 8 7 7 • 4 1880. fl 188L I88A 1888. 1884. UHB. I 7 7 8 these, the Central — annum 1883, and 2 per cent extra in pay 7 per cent. Ofntpany. and Union Pacific, forming the original transcontinental route, have a record extending back the whole nine years, and both of these from paying 8 percent in some of the earlier years, are now paying nothing. The Atchison and the Oregon Naviga. tion are two new companies that have acquired a reasonable amount of stability. The former has not as yet had to change its rate of distribution Sxed at 6 per cent per Only two of per cent stock dividend in 1st preferred "111 ts cent dividends (though the Illinois Central also paid a 17 cash in 1884), while the Missouri Pacific and San Francisco IM NaT. aurli*. 1884, 6 « pief. Oroffon 1 rana-Cunt'l. TJnIO'i Pudflo In 1883. 1081. 1!JM) Klo UrikndA.. I" OreROn K'wiiy ' 1879. ''nclflo A North'D * 187S. I8T7. 1878. at the time of the 50 per cent stock distribution in 1881 —but the Oregon Navigation from paying 10 per cent now pays only 6 per year. 8 7 And 17 As iu stook. 8 8 )0 no 4 7 •« 10 4 7 7 »H 4 ^ 7 1 7 luoreuse due to ohanxe of dlvloeud periods. St.U.*''.Knin.,lrtpf. * 8 8 t to other sections, many minor roads might be pointed out that have had to reduce their dividends greatly or pass them altogether, particularly in the middle Western sec- In Michigan there has been a decided unfavorable change, as instance such roads as the Flint & Pere Martion. quette (alluded to outset) and the Marquette But there is not the same these as to the larger Western roads, and roads in the Eastern and New the at Houghton & Ontonagon. interest attaching to Denver already referred to, & Rio Grande, Oregon & Trans-Continental, and Northern England sections also come within the scope of this Pacific, were of course wholly ephemeral in their nature, remark and may Southern be omitted for that reason. and possible only when the companies were temporarily roads do not merit particular notice, since so few of them The dividends of the flash. rank as dividend-payers make a poor picture when we If the roads, however, thus far reviewed showing, there The market. coal —especially roads, those sold may however, our in be considered is a brighter side to the separately, since they are governed by special influences examine the roads in certain other parts of the and almost exclusively dependent upon the condition of country. Notably is this true of the Northwestern section, one kind of business, which in turn however is dependent where until recently railroad companies have been doing upon the general state of trade. The coal roade have paid quite well. The following exhibits the dividends of these the following dividends during the last 9^ years. roads since 1875. come to 8nu». 1 1879. 1877. 1818.| 1879. 1880. 1881. 1882. 1883. 1884 Company. Qmns. Company. 1876. 1877. Cllloagojt Vorthwest. Do p ef Ohio. Milw. 4 St. P... Do pref Chic. Burl. & Quinc;. Otalc. R. I & Puciflc... Ch. St.P. M .i 0., pref ' flt. Paul Hln. 7 7 Ki 9 8 10 8 :885. B S m 1888. 1879. 10^ 8 8 7 8 10 7« 7 7 7 7 7 8 7 7 +9« *8« A Man. 7 8 7 8« 7 8H 8 7 4 4 IH 3X 8M 7 7« 8 And 100 per «9 * And 14 p«r rent 111 bonds, t And 20per cent in Htook. J cent lu stuck, i CUiiuge of dividend periods swelled tbu total tliis year. Del. Ijaclc Thus none New & Northwestern nothing on paid amount on its its preferred; 4 BJ4 4 ax 4 5X 8 7 188& 8 4 7 7 3 8 8 8M 8 4« 8 aw of these companies have paid as much in the Reading and Central & Hudson, Delaware Lackawanna & Western, and Lehigh of the stock and only a small 9 IM Jersey of course have done very poorly, but Delaware that marks the record of these lines since 1876. common 7H recent years as in the earlier years. Valley, year the Chicago West... Lehlgli Valley Cent of New Jersey. Phlla. A Rea<1lnK. Here, though there has been some decline in 1884 and 1885, that fact is not nearly so conspicuous as the growth In that & all of which at one time (preceding 1876 however) much as 10 per cent, are nsw, with the exception Lackawanna, down to G per cent, and in the best In fact years since 1879 paid no more than 8 per cent. the Delaware & Hudson paid only 7 per cent. In the case of these roads however, as well as all others that are doing r •)rly, it is to be remembered as modifying any paid as it paid full 7 on the former and 8 and no change in this rate of distribution lias yet taken place. The Milwaukee & St. Paul likewise unfavorable conclusions that may be drawn that the paid nothing on its common stock in 1876 or 1877, hat, present situation is exceptional, and that when this situabeginning with 1880, up to the end of 1884, paid 7 per tion changes, prospects must again improve, and traSSc cent regularly. In the current year only 1^ per cent semi- and dividends make a better showing. in both 1883 and 1884 on the — latter, annually was paid (out of the earnings of the 1884), but the full 3| per cent to the company's statement. per cent since doubling its last half of had been earned according The Rock Island has paid 7 stock in 1880, and the Burling- ton & Quincy has suffered no interruption in its 8 per cent payxents for some years, and, besides, paid 20 per cent in Stock in 1880. The St. Paul & Omaha, as already said, has reduced its dividend on the preferred stock to a basis of 6 per cent, but paid full 7 per cent in. — the four years BRITISH POLITICS— TORY PROSPECTS. men ever came into power in awkward or discouraging circumstances than the men who compose the present ministry. It was not only that home and foreign affairs were in a kind of hopeless muddle. A Reform bill had made some radical changes in the constituencies and Probably no body of England under more ; only a few months were to elapse until a general election The St. Paul Minneapolis & Manitoba is another road that has enjoyed a marvellous career of pros- was to take place under the new arrangements. perity in the Northwest, though latterly party of resistance, preceding. —from 8 its annum dividend has however, was not all. if This, The new cabinet represented not of reaction —the the party which Roads opposed the Reform bill at every stage of its progress^ running South and Southwest from either Chicago or St. and on this account had but small reason to expect the Louis, like the Chicago & Alton, the Illinois Central, the support of the newly-enfranchised voters. Add to all this St. Louis & San Francisco, and the Missouri Pacific, give (hat it was an accident rather than a victory which likewise been reduced per to 6. ' — THE CHRONICLE. 88 brought about their opportunity, and that at the very threshold of their career they had to confront a powerful majority under experienced leaders. In such circumstances seemed almost rash for Lord Salisbury and it friends to accept On his on the part of the new Ministers, all things considered, to proclaim their detennination to allow the Crimes Act to lapse. Lord Salisbury and his colleagues were not ignorant of the fact that by so doing they were wounding Mr. Glad- stone in a tender part, and that they had reason to count ofiSce. the other hand, [Vol. XLI. it is not to be denied that there was a strong feeling of dissatisfaction in the Houses of Parlia- upon It was, however, a wise his opposition. The step. lately published statistics of and politic crimes in Ireland To be policy of the show a very changed condition of things there. howling with discontent; and sure it is said that the present exemption is the effect of the Mr. Gladstone's foreign policy was giving pain in all ranks Act. But it seems wise under such circumstances to try and classes of the people, from the Royal family down- its suspension, for if that is followed by a return of violence; ment and throughout the country with the Ireland was ''•Liberals. still which gave public opinion will support and justify its re-enactment; the Tories hope, and encouraged them to run the risk. whereas if the present peaceful state continues, the act is a It would have been impossil le for them, however, to take needless affront to the Irish. Hence it is that the action of ofBce, if they had not been able to effect a sort of compro- the Government has been followed by so general approval. There is, therefore, no lack of evidence that the conduct mise with the retired Ministers. Mr. Gladstone promised to offer no factious opposition. The new Ministers, on their of the new Ministry is producing a favorable impressiou few weeks that both at home and abroad. The re-election of cabinet minpart, pledged themselves, during the ward. It was this feeling of discontent alone remained before a dissolution, to introduce no measures isters has revealed very considerable Conservative strength which would be likely to provoke the hostility of the Oppo- in unexpected quarters and the improved relations with sition. As we said in a recent article, the new Ministers Germany have already had a wholesome effect on France. came into power tied hand and foot. But there was this With Lord Salisbury in power, it would almost seem as if the ; little known ray of hope, arising from the —but general discon- settlement of the Egyptian difficulty between England and France would no longer be a cause of anxiety. Most certainly the Tories have already improved their chances of vision, of decision of purpose, of vigor and of energy, and it is by no means so certain as it was some weeks ago as to convince the British people that British honor and that the Liberals at the coming election will have things British interests were safe in their hands. In spite of the occasional democratic all their own way. We are already in a position to judge of the conduct outbursts, the British people have pride in their ancient It tent. ble — for of the was them new diCBcult to was not absolutely impossi- it make such a manifestation of clearness ministers in their very difficult circumstances, and to arrive at conclusions. We believe we express a sentiment which is very general on this side of the Atlantic, and especially among that class of people who have at heart the honor and welfare of Britain, when we say that the new ministers have so far conducted themselves and the public affairs of the nation with great discretion and judgment, and in such a way as to command public esteem and confidence. It is something to say that they have maJe no mistakes. In spite of the shackles with which they were bound, there was great temptation to do something. to show some little daring It would not have been wise it would not have been honorable to go back on the foreign policy of their predecessors, so far as that policy had found expression in connection with Afghanistan and with Egypt. Certain steps had been taken towards the determination of boundary lines in the one case, and towards the evacuation of the Soudan in the other, in the name of the Crown and the new ministers have verj; wisely — — ; accepted accomplished facts. On the principles laid ; The Marquis of Salisbury is the head of an and honored house and it may be found when the voice of the whole people is called for, that there are worse names than that of Cecil to conjure with. aristocracy. old ; RAILROAD EARNINGS IN JUNE, AND FROM JANUARY 1 TO JUNE .30. Our exhibit of earnings is again unfavorable. As compared with the corresponding period a year ago, the forty-nine roads in our table show a loss of $800,000 Still, the statement is not without its encouraging features, though largely negative in character. Thus, many roads have much smaller losses than in May, and the total decrease of $800,000 for June compares with nearly $1,300,000 in May and nearly $950,000 in April. This is the point of greatest significance, that the decrease no longer progressive, as heretofore, and is growing larger each succeeding month, but that a break apparently has occurred, leaving a falling off still, but of much down now by their predecessors, they have resolved to proceed smaller magnitude than previously. with the Afghan boundary question and the Soudan, as shall show further below that the smaller decrease already agreed upon, and so far carried out, is to be now is in great part accounted for by the fact that we are ' ; We But in the language of Lord Salisbury on comparing with a period last year in itself unfavorable, Monday, and in the language of Sir Michael Hicks-Beach which was not the case in May. But that does not in any on Tuesday, there was a tone of firmness which showed way diminish the importance of the change. It demonthat while the ministers were willing to respect the pler'g* strates that a stage in the comparison had been reached given by their predecessors in office, they were prepared when it was no longer possible for the old ratio and evacuated. if occasion should call for it, to uphold the honor of the amount of decrease to continue. empire, no matter what the cost or But how great the sacrifice. that the fourth week of the It should also month made be noted relatively a in their proposed policy with Ireland that the new much better showing than the other weeks of the month. was Undue weight however should not be attached to that cirthe intention of the late government to revive, in a modi cumstance, since that week this year embraced only one Bed form, the Irish Crimes Act. This, as we now know Sunday, while last year it embraced two, Sunday counting was to be accompanied with certain remedial measures' as no day with the roads. The following, made up from It was in part the knowledge of this fact that the Crimes our monthly statements, will show briefly the earnings Act was to be revived which led the Parnellites to vote record thus far this year for each of the six months past. it is ministers have most revealed their independence. It — — with the Conservatives against the Liberal budget, and which, in consequence, brought about the downfall of the Gladstone ministry. It involved no little risk We give simply the grand total of the roads reporting each month, and the number of the same and mileage on which the earnings are based. . JULT U, ' 1 THK (CHRONICLE. IHbO.J Dttmue. lH»t. itws. 18HI. 1860. I t JfUrj. W riwcli) il*BOM7 ( Vobruarr (6U ruadB) Marsh (!M n>ai)i)... April (&1 ro*U»> Mti7 (M roatlM) J una («» roaHal From 4S,fi7» 17,7««,0Sfl 40,1M lfl,Oin,t»»^ inc. WWW 1A.«<V1,0II7JDK. 17,W0,374 4».n«4 ' Sai,H74 this year. l(i.l>87.ss,vrni:. 'KM.saa total in 1883, . this it or April, but not as good as the In the general conditions May months of the railroad .iiTecting the Chicago The St. Paul, however, reached ita maximum and the decline in the last two years repreOlft.NVfl i7,4ee,»4« I8,411,74S|0«. 44,14a 43,ni3 The St. Paul & Omaha, measure of its loss. full the l.aOH.KIT sents I7.1«l,.1b6,D«c. 15.H»5,S2H 4.1,037 41,317 lll.aS7.1<l7 18,04«,73»|0M. _»07.n<» 40.818 «l,S40 owing to the extension of its mileage, has been growing appears that June gives a better account since 1882, but only very slowly. The Burlington Cedar AI.486 BO.MA of itself than either rirlier & Northwest the loss is even heavier compare with the year 1881, the total then having when we bo ob.served, will 12,306,440, or |(350,000 more than it been, Oa inetfloj* or Earningt, MOMtf. Ptriad. 3^ year. and income, there has been of The volume of traffic has not traffic course no improvement. been increased. Rates are no better or higher. Tassen- & Rapids swelled earnings only its The 1881, has interval the $24,539; yet in 564 miles to 990 Manitoba has been has been increased from the mileage miles. 1885 with comparing Northern, St. & Baul Minneapolis suffering a contraction of earnings for several years past, — ger travel has not been stimulated any, business is as quiet as ever, and the quantity of general merchandise moving In the over the railroads is down to small proportions. 1220,000 year has an especially heavy loss but which can only be explained on the theory that increased competition and decreased rates are proving South the movement of cotton, never large at this season of the year, has this time been reduced to almost infinites In the West and Northwest the grain moveimal figures. ment has been larger in the item of wheat, but smaller in flour and oats, with corn not materially different from a So there has been nothing in all these circum year ago. more harmful stances to call for any material betterment of earnings, and the smaller decrease now reported therefore wholly is be e.xplained in the way suggested, namely, because the comparison is with poor totals a year ago. On this point the following will indicate the course of June earnings for to this total is to to $491,558, against only $382,906 1882, but more or than at one time seemed possible. it down now All 1881. in Its $861,394 in June, these roads are the outturn of the crops in dependent upon and less the Northwestern section, Pacific (at the eastern end) too, is the so, but ; we have Northern not included that road in the above table, because its circumstances are dififerent now from what they were before the line was opened through, and, moreover, its earnings are influenced very largely by conditions peculiar to the Pacific It is satisfactory to note that for June the comroads. pany records a smaller falling oft than for some time past, In a similar statement for the previous month there had been an uninterrupted increase and that its friends are sanguine that the road has now that found we In this June statement, vear after year, till the present. The decrease for passed the lowest point of depression. sis years. — two breaks one in 1882, after the crop the month is only $131,500, which is small considering and another last year. In this latter that the comparison is with earnings in the previous year year, it will be seen, the decrease amounted to as much as that had been increased $313,000. The St. Paul & $811,681, and the decrease now of $807,565 is in addition Duluth has a small increase now, but had a small loss in Of course, the roads embraced are not the same 1884. How the grain movement has affected the Westto that. though, we find failure in 1881, in each case, but there comparison sufficient similarity to is just. J line, une, J (57 roadsl. l-w-.; (70 roads). l.s.sit Tear Tear Ytar Givtn. PrecedinQ. Qivtn. MUa. una. 32,118 45,851 Se,3»8 45,976 41,240 88,606 17,058,006 40»1 88,64S,158 18,154,778 June, 1880(42 roada). June. 1881(43 roads). une. the 1.S84 (57 roada). June, 1888(49 r ads).' 51,180 43,156 40,813 8^.784,048 19,88l.2t5 rrar PncfdlngA Increase or Decrease. * * 18,849,394 Inc. 4,(115.378 13,068,485 Inc. 3,9H«.531 158.523 82,806.881 Dw. 84,858,359 Inc. 1,897.883 811,881 80,a33.»26; Dec 15,837,167^ 18,011,7321 DfC. 807,565 What has been said of the roads as a whole, applies with particular force to those of the Northwestern section. These have done much better in June than they did in The decrease May. not so heavy, and some of them is Taking the largest Milwaukee & St. both the find that among them, we two Paul and the Chicago & Northwestern, have only small But hardly more than nominal in amount. ilecreases going back, we see that the present decline comes after a actually have increased their receipts. — much heavier decline in the previous year, so that in the case of the Chicago & Northwest present earnings of $1,956,900 compare with $2,213,021 in 1883, a loss of $256,121; and in the case of the Milwaukee & St. Paul with $2,023,181, a loss It will be interesting here to note the the total of $1,866,000 compares of $157,1 SI. course of earnings in that section for several years, so we subjoin below the record in this respect of five leading roads. June. 1S8J. e Burl. Cert. Rap. ,*Nn.. Chic. Mil. JiSI.I'uul... Chlo. 4Ni>rth»re*t Chle.St. H.MInri. 4 O. St. Haul Minn. T'.t » * Man. 280.401 ima. 1884 816.616 shown BECEinS or FLOUR AND GRAIN FOR FOUR WEEKS ENDED J0SE 27, AND SINCE JANUARY 1. Flour. Wheat, Com, (Abb.) (bush.) (biMh.) Chieaoo— 235,541 1,467.786 15«,;U8 4 wk».,June. 18*4! 81nce Jan. 1,1885 2.771.4H1 Since Jan. 1,1884, 1,321,818 8,8114.591 4 wll».,June. 1885 MUwaukser- 483,707 3,793,887 Oats. (bunh.) Barley, Rve. (.bush.) (bush.) S.a3l,929 120,187 6,40«.»26 4.2»«,«:l» 30.147,(l«l 17,8l!9.7»l .3,618.424 79,623 156.116 639.375 20,099,9(5 18,201,491 l,8a5,374 80i,80li 198.540 318,291 780,382 76,161 86,103 1,779.915 2,0i7,13r 25,739 150,192 204,364 80.150 4.800 813.283 791,491 262,1184 5,930.018 81,362! I 4 wk9.,.lune, 188; 4 win. .June, 1884 Since Jan. 1,1885 Since Jan. 1,1884 306,577; 28l,H(« 8S.8,9W 1,786,2811 St. hnuis— 4wliii...iune, 18S5 4 wk-..Juno, 1881 Since Jan. l.WSj Since Jan. 1,1884 1,331,(69 l,18»,17n 5,581,707 3,858,2»« 519.8n 711 :iil2 ,337.990 ."•iri.ilTl 4.0*18,4 1« l|-.'8, 2,715,505 Tolean— 4 wlis.,Juno. 1885 4 wkii.June, 1884 8lnce Jan. 1,W<5 Since Jan. 1, 1881 10,287 3,841 61,9112 86,751 306,210 349,846 8,444.518 2,387,145 50,345 6«,'>30: 210.935 1,611,474 401,260, 13,«0 a3.»49 12.740 1.578,465' 1,579.370 481.0^1 491,781 14.210.715 12,001,739 3.l776.-)9 834,503 J8.573 3J,4"« 97,928 00 S«l 2«7 64,4.38 8i4,0-'l 48.081 16,588 6,547 3,316,301 50»,03l| 2,039,601 4,280,499 DetroU- . 6.' 150,227 I 4 wm.June, 4 wkL.June. 1881 7.820 188.') Since Jan. 1, 1.885 Since Jan. 1,1884 Cleveland— 4 wka..Juno, 1885 4 wka.,June, 1884 8lnce Jan. 1,1885 Since Jan. 1,1884 Proriit— 4 wka.,June, 1885 4 wk»..June. 1881 Since Jan. 1,188." Since Jan. 1, 1884 1 1 ."ill 1 846,948 271.575 131 .SOS 78,564, | 7rt,43; 70.293 1,753,133 1,5«),867, 1,233,479 483,329 419,511 41,5.51 11(1,117 2.0:f8.610 63,301 4,550 2,883 255.0.58 316,815 109,053 5,588' 1,118 500 n,2S6 87,2(16 75,703 61,599 868,065 652,730 35,100 519,342 484,806 81,960 401 .0:10 460,656 1,410 96.088 118,136 12,556 28,800 13,800 396,400 274,000 9,44(1 6,673 2.873 74.520 26,343 16.895 574,380 2^.2211 18a. 140 5.707,010 246,575 5,6(18,815 744,415 901.273 5,221,675 5,520,888 5:i:i,l80 BOO 83,500 58.790 82.3,650 401,059 Oiiluth— 4 wk»...Iune. 1SS5 4 wks.June, 1884 5,956 91.350 567,929 378,130 15,881 Since Jan. 1, 1885 Since Jan. 1, 1884 2,HB7,1H1 1,058,682 "rissd '28,658 9V,3iib 4wks.Juna. 1885 4.*1.2S0| 4,6«\551 4 wkii.,June. 1881 Bll.lO.'i 3.125.970 Total of nll4 wks..lune, {>^'^ Since Jan. Since Jan. Since Jan. l-- 1, 1. 1. 1-- 1"^- S.431,8115 8.451,903! 5.473.78') 8 :«):!. 4.321 6.2111.787 819.986 M.t-^ 33i860 ,•.. ' 1-.'. --17 19i).3.'>8 lii.lt.t,-).M7:l 7.0 73.606 5.471. 031 21.721.100 7,097,098 Sll.sn.'i.'JTl 150,778 853.688 518.V1S I.306,.371> 1,570,497 8,879,988 In wheat there has thus been a decided increase over I 811.257] 1.610,431 8.0l3.51n 20.5.012 l,72W.8ta 1,91«,1H12 ;,02:),i»i ].B5«,80fl] 1,9««.275| !.813.02l| 467,0001 4««.514| 442.878, 874.n04| 404.502 4«l.558| 712.1«5| 714,0«« S«1,3U41 3.S2«0<1 1,88(1.000. years, is 1881. 1882, « : 206.418' two ern and Northwestern section in the in the following table. Earning. MlUntt. Pn-io.l. .1 make Below are the figures. 2,:ion 440 1884, and the increase has inured chiefly to the benefit of Northwestern roads, since the gain is almost wholly at Chicago, Milwaukee, and Duluth, the spring-wheat marIn corn the changes are not very important, though kets. 3 H) .. THE CHRONICLE. 40 of the cereal at Chicago the receipts tion of half a million many oft at . But in oats, which with bushels. much roads count for as show an augmenta- by the course as wheat, there is a falling in the aggregate nearly almost every port, reaching is [VOL. XLI. of trunk line business, but here the decrease- In the section east of the Mississippi and only nominal. north of the Ohio, the returns are poor, as usual. There- are few roads in that section that have done better than a Taking all grains year ago, the Illinois Central (Illinois Division) and the bushels. an increase in the receipts (not counting Evansville & Terre Haute, both running north and south, being about the only exceptions. Michigan roads again flour) of about 900,000 bushels over 1884. But it must not be supposed that in 1884 the move, fall behind, but in very much smaller amount than heretoment was particularly heavy. It was not. If we go back fore, and Wisconsin roads pretty generally make good of a million three quarters together there is and 1880 we find totals that make the present ones seem very small. Take Chicago alone, for example. Here the receipts of com are now only 5,900,000 bushels; in the four weeks ended June 25, 1881, they were over 9,000,000 bushels, and in 1880 over 9,900,000 bushels— that is, three and four million bushels more. Of wheat the to 1881 two million bushels in 1881 against less than 1^ millions now, and of oats the receipts were a million bushels more in this period in 1881 than in the present year. Perhaps we have in this falling off in the grain movement, and particularly in corn, a reason for the heavy decline in the earnings of the The best exhibit by any road in the list is made returns. by the Denver & Rio Grande. The Canadian Pacific has a heavier increase, but that is based on a large expansion The Denver & Rio Grande gains $109,967, of mileage. with no change in mileage. Evidently Colorado has some vitality left yet. A class that point were over receipts at & of roads that is not doing well this year, is those connecting with or running through the Southwest. Thus the Chicago & Alton, the St. Louis & San Francisco, the Kansas City Fort Scott & Gulf, and its ally the Springfield & Memphis, all have pretty large ratios of decrease. Some at least of these have been exempt from the influence of declining earnings heretofore. The St. Louis Fort Scott & Wichita again has an increase, but it is not Northwestern since 1881, and other roads in We now give our June table of earnings in full for the two years, comprising all roads that had so large as in the previous month. returned their totals at the time of going to press. As regards Southern roads we have a change to note in the case of the lines in Texas. There are two of these OROSS BARNntOS AND MILEAOE IS JUNB. in our table the Fort Worth & Denver, and the Gidf Colorado & Santa Fe and both record an increase this Orosa Earnings. Mileaffe. Name of Road. time. On the latter the increase is the first reported Increase or Chicago that section. — 1885. Hoos Tun.& W.. Od.Rap. Ji No.. CanadiaQ PaciUo Central Iowa Boat. Burl, CliicaKO A Alton Chlc.it Ka-iteru III.... Clilc. Milw.&St. Paul. Chicai^o & S' irtli WHSt. CWo. St P.Miiin. &0. CUlc. & West Mich.... Cin. IiKl. 8t. L. &Cli.. *Cin. Wasb. & Bait... Cleve. Akrou A Col Deiiv. (t Hio Orainle Deav. & Ulo Or. West . •Des Moines & . Ft. U.. Detroit Laus'K & No. EvaiiBV. <v T. Haute Fliut & Pero Marcj... Fla. K'y & Nav. Co... . Wjrth& Ft. Denver.. IGraiirt Triinlj of Can. Qulf Col. Santa Fe. & 1884. 3^,13& 230,451 700,0JO R5,0 1 58.i.-283 117,326 l,8dn,0l)(i 38,592 206,4 18 650,661 109,751 66S,070 123,577 1.919.902 l,ai6,900 467.000 112.783 177,4 ill 80,737 42,562 5U1.74S S8.I0U 20,088 9S,l47 1,9:16,27.1 466,514 12S.0J8 19Z,438 88,S93 + 3",78ii 3t;8 3tj8 — 11,48< 143 261 clear, 61,1.^2 52, ".41 + N.6O3 146 l.'i7,72l —21,622 RECEIPTS OP 57,231 1,102,281 179,343 73,190 39,063 1.261,836 + 18,163 143 261 146 361 518 144 til. 555 2.91H li9,579 2,9 IS 1 !.i,504 —3,335 536 953 711 40J 389 2-2 389 35-' 1,03J.359 104,52 —22.7^9 536 953 578 402 389 282 389 S52 2,015 2,065 + 21,035 + 8,41-/ + 1,697 135 247,24« 160 1,236 1.236 4-16 3-*9 221 183,869 — 13,411. 221 502 1,113,123 —131,500 —56,199 2,64- 2,453 212 254 294 252 195 72, <f>3 131,014 86,557 „.. Louisville lie Niishv. .. *Mar(|. IIoukU. & On. Mexican Central Milw. I.. 81i. & We«t.. 2-'4,257 l,00st,57o 85.4 i7 261,2^,) 99,0'i5 2*9,176 Milwaukee 47,255 170,459 1,011, 823 42,2Gl •St. Joseph St.L. Do A.A Hlttsl)... & Wesfn. r.H.iu.llue. do (hranehet) & Bt. Louis Ft.9. Wlch. Bt. LouisAiSau Fran.. Bt. Paul Uuiuth... Bt. Paul Minn. Man Wab. 8t. Ix>ui< Pao. A -. 56.2 h 7 •-. 9o,5-!3 45,55-f 9S,1B3 + 2,3 10 —837 — I +4 075 +03,891 -8,754 — 13i —9.433 —4,tH. — 19,09 •< 4ti.7l5 51.881 —5,16n 2l'J 111.491 111,762 73,707 —268 —25,319 294 2i2 4-'.38S 80,001 47,3 40 ao.uoe 2S8.943 113.041 49l,5i~ 941.35H 80,259 81,72.-. 44,001 40,42 i 365.873 110,««s 712,165 1,171,322 254 -1.121 19.= + 2.539 138 215 815 225 + 19,58i —66,930 +2.3o0 —220,607 361 only a small continuous decrease, but several for years, the the The cotton movement does 000 in both 1882 and 1881. 17, 1)9 < 10i),6 (4 144 been present total of $1,009,570 comparing with over $1,200,- 1,317 1 I0,84M Rochester* 1,318 4.770 3,800 1,307 has 1,317 1 -10,511 Peoria Uoc.tSEvansv. 3.8 43 Nashville has decrease — 1,820 131,581 73,^9 52.922 Nortliern Pacific Ohio Central 251 4.815 39.37.--) — + 48 — 15.255 — I4.y7f & ville + 10c),9K7 (Iowa lines) •Kan. C. Ft. 8. A Gulf *Kan. C. 8p. & Mem *Lake ICt-je «Sc Western Western... 490 849 251 44,3 < 2 391,781 57,320 474,058 253,001 & 2,40 S 490 849 this 244,247 Norfolk 9it0 2,794 -24,738 -82,787 -S,V51 —53,90: roads in the 2HI .'i27,yii) Nortli.. + 24,033 + 149,33' 61 821 -8,15H (-tcDiv.)... & 61 not play (III. l)i\'.)... I-^laiid November, 1883. Outside of Texas, however, the South as a rule have fallen behind. Louis- since — 453 413 342 Cent. LouK 1884 413 312 281 144 Do Do 111. 1885. Decrease, — much part in the traffic time of year, but so far as has been adverse, as the it has had any effect following exhibit CO-TTON AT SOnTHERN PORT8 JAN. 1 TO JONE 30, 1885, 1884 5i)0 Southern roads at of IN it make will JUNE, AND FBOU AND 1883. no 502 Since January 1885. (Jalveston IndltinoN, &c New Orleans Mobile Florida Savannah Brunswick, &c Charleston Port Royiil, &c WllminKton Morehead City, &c. Norfolk West 3,178 bales. Point, 93 1 174 4,3 1» 5,4 tg 2,333 523 88 523 798 IS 1,727 3,444 ),320 Total, 1,747 For the first 1884 1883. 68,237 1,504 413,217 50.4B9 24.477 113.090 2.260 71,3M1 130,291 331,842 3.249 781,389 99,331 9,175 232,862 712 2.807 1,507 9.797 19,153 half of the year 60,87.'. S-iH 420 588 56.130 17.613 1U,7U1 1,5.2 200 164,073 3,121 90.843 2,H72 10,8art 14 ,-'82 1,H09 2.33i 114.-,i88 44.13; 145,969 57,823 37,596 9,oao 299,136 79,27» 17.63 ,053,412 2.083,987 63 47 74 1.(8 KiO 776 225 4'j 2> 837 73 49 2,216 &c 1,81 I. 1885. S) 16,771 the statement of earnings of course unfavorable, but much less so than one might be led to suppose from the conditions that have *Wi8ooiislu Central... 67,5 16 + 12,713 418 418 prevailed. The bulk of the decrease is contributed by a Total (tOroadii .. 15.237.H7 16,04 73'i —>07,56i 41,2 40 40,8 few large roads, like the Northern Pacific, the Manitoba, * Only three weeks of June In each year, t Four weeks ended June 27. the Wabash, the Lake Shore, the Michigan Central, Aside from the Manitoba and Northern Pacific, the roads and the Grand Trunk. On the other hand, we have having heavy decreases are the Grand Trunk of Canada quite a number of roads with improved receipts, and the Wabash. As to the latter it is to be said that the and it is noteworthy that among them are both the St. earnings are now reported on 770 less miles of road, and Paul and the Northwest. The Illinois Central has also that these 770 miles last year in June earned $123,005. done quite well, both on the Illinois lines and the Southern Hence this amount is to be deducted from the $232,906 Division. The Louisville & Nashville likewise has a fair decrease shown, giving $109,961 as the amount of decrease ratio of gain. The course of earnings from month to on the present mileage. The loss on the Grand Trunk of month has been sufiiciently indicated above, so we need course leflects the state of business on the trunk lines. make no further comments here. Our usual table is The Alton &. Terre Haute on its main line is also affected • herewith annexed. & * — 232,9ti« 1,397 2,776 is l,3;l7 3,516 4. 1 • — July — 1 . OHIMO SiVHVIMOII rNOM JAMOAKT Name nf Boston Road. rroc>«fto T. Bnrl. (Viliir K»|i. lBa5. $ 200,722 * W. A huvii ClilcnK" .V Rfl.^.4^1 3,fl3i).4Si Alton Inertata. Dtertata. » « $ C8-<,37a ChloHiici ,v SiirtiiWKUt ... Clllc.St.P.MItin..t()rniillii Clilcaifo A Winl Mich.... Cill. tllll. *!. 1.. .^- Cllio.. 10,flH»..^5l .Z.^0,->,!ia2 10.127,191 lo.'m8,727 2 )3.."H>J 99 7.4 is 1.147,10H l,0-ii),60.') •an. A W*.li. SI. H«ltlmon> Clove. Akron & I'lil Denver* RioOnimlo... DrnviM- *L>eii ^fuin^•.*^ Dctniit A Flint A Floililii 67,499 3:3 ZOl .00 i e7.3.-*7 12,086 210,840 23l,0.'5i 23 2 2 Tr. of Caiiivla... 7.12(i,i.i« l,iO,230 8,172 284.7.(6 17.021 7,»«7.38-* 8do.>-30 Fe.... HI. C«>miMl (I.!, niv.) ... (.'ioiitU. Uiv.) Do 5-IH,90.'i 770,17,') 181.570 a>007.0To 74>2.4Si: 2.873,572 1,910 007 8 i«,»-<!t 133,498 221.361 (InwuDiv).. •Kan. Cltv Kt. .S. A Oiiif. •Kan. City Op. .t Mi«ui Lake Shore A Slicli. So.. l,184.Haa 91,252 213,223 6.421.0; I l,093.o,'53 .'.14,413 7.219,1.'7 LoHK 1, 1651.419 1,181,»7« LooUvllln A N»slivUle.. •Marq. H.>iii;litoii A Out. Mexiciin OuM-al 6,8iMl.'^58 24 4.2Tti a.5.5«,243 34.46250,011 1.858.230 1.379.40J Mlclii^ in Coiit. 4.!I7J.000 5,»>03,50 .\i Do Simw 2,131,.'.t>8 797.6ilt> . iHlailll A 0. So.. 51", 313 535.iS:l9 273,030 1.2l'>.722 23,3.21 s 1.240,.502 Northern 4.6i5,.=i4-! 5,985..'58B 32'i,4J0 55.'.06i 36i,3l0 499,290 519,H22 6(>3,2 1 < 378.-.'80 .fe Pa^'trto Peoria l)e(\ A Bvanitvllle Rochealer A Pitt»i>urg Bt.L.A.AT.lI.main line.. . Do do 3l-">.3i)S (hniuc^lies). Wioh.. Bt. I.. Ft. 8et)tt 3. Fraiiciiieo. 8t. Loui'i Dnliith St. l>aul A Man... Bt. Paul >flnn. Wabasih at. r,. .fe Pac. A A 1,97!»,487 49 477,037 3.121,028 A ti.897,'i80 06a.91.'5 . •WUcousin Central 'luoluiles three vroeks only or Jane in 478,827 630,500 ]2,774 10.8:3 1,330.010 38,830 .';2.775 113 2H1 32,972 51,719 146.V95 i.rtOH l.'i,U7l 3.084,9.) I 7,448.858 563,923 530,878 <)7i,226 2.311 eaoh year, t month There are exceptions the 6,662.036 3,056,174 To June 27. May and than in most other recent periods. In the returns for the are fact, are quite uniformly unfavorable. Canadian Pacific, the Erie, England, and one or two others, but like the New York & New . burg A Bne)— 18^5 1884 Phiindelphia A l&rle— 274JMn 4S''.4a8 296,853 456,020 2.377 4J4 2S27,1)42 10.281.910' 11,775,681 Phllndeiphiaft Keadlni-^ 18K4 PhtlH. l»i A 12.069.I.UI: 4.008,911 a Uuii- Head. Coal 1.267.176 1,965 1,88;^,21^{ 2.007,832 6,316.026 d(>f7R,40l 6,970.562 uf8l6.9«8 2.0«7,52Htl, 436,431 2,099,896 « 1,241,006 9.269,134 9.254.303 Dnion PacVflo^ 1885 1881 WeM ...,„ ,..:" Jersey— 2,8742aj 2.r'40.845 ,] I88B 96,0661 I8M lOZmol 60.407 69.056 ."5.6^1 RI.B.742 8S.S14 416.133' 136.719 It2.20« 36,7'8) Returns of net earnings this time cover less satisfactory 1884 OreniMi Improvemt Co.— 1885 ... 1S8I P«nii.<all llii«H east ul t*4tt« 18H4 53,691 101,211,400 101.267,571 3,803,862 Total (IS roads) Het dccredRe tHcB 18»4 1*6 828,056 2.13.337 2,125,78,: 2-'8.0-i6 Northern I'aelllo— I8fl6 1 WH<t'n. I,.,sii.irt< Central— Ism , 58,527 30J,970 Milwaukee A NurtUoru. A Wiwteni Mllw. Norfollc 1884 Hi.rt<>em ll»-ft filO.DMT Gulf Col. A WBHorn— 1880 Ohio AMlMlsalppl— IVro MinquiTto. Ify A S.IV. Oo.. A Dunvcr.... 3lJ."2l 030,705 iiew Bnshuia^ 18f6 4.5 58 67!),03l 33l,!i32 1,21.5,111 517,9Ki» No... .t T. Iliiiite Ft. Wiirtli tOrumt Nortnlk 2iri,H02 1G.'.047 &4«l,7dl Kt.Dndift. .V I.!Ui«iiiit Evansv. A N. v. 18C6 187.617 167,793 2,516..'i«0 3ti2,4lfl i49,i)in N. V. iJak'eEt'lei'weit;*-^' 18-5 . IBM 7e.'..21l •ii';'>l9 2,717..'iH/ 4ii».84'l Kio Or. W.'Ht. A- 116.560 235,3 ?0 51.507 1x7.807 15,t27 813, H2 90tt.K2 Vnv n. rn I 12,(13 IJ-VIT-I 3,'<(U.>^r.7 74:»,-80 lO.rtll.Oiiii A Jan. 183 i. Paul llUnol* C'hlr. \- Ka-it.-ru ChU'iii,-" Mllw. 41 80. 2,o08.()4i 1,219,921 •mi.iiui 3^,.ii7.ne.^ ,....:- TO JDNB 1 197,300 1,27M.713 l,413.MtH No.. CininillHii I'lirltio Outrnl I THE CHRONfCLR 18S3.1 11. ' Name. Galveston Har. A Jan. ApriL San. An.- 18-6 1884 123,967 161.108 66 051 60,460 21,85 34,200 22,18; iaxK 43,302 89,6»0 36,M2 t I to Apra * t t 288,047 285,272 112,080 124.104 SO. « .S»!,r90 012.126 949.596 202,968 99,704 179,112 105.734 77,298 299.81 123,500 134,333 Louisiana Western— 1»K5 1884 Texiis 1685 1M84 ..., A New Orleans- 70.344 •. Grand Trunk of Canada— 88 96a 1X85 18N1 Det. (Jr. l»-6 A Or. 317,333 Jt I 18.5.264 195,«3(5 8.1,209 947,4«9 69,840 1.069,15, 178,506 239,707 50,9«h 56,123 42,674 43,619 8,294' 1S9.202 202,620 33,324 18.560 20,896 1.3.730 15,:i54 Trunk naven A Milw.— 1,S84 Mexican Central— 3 1H85 1881 12,606 4,R30 5.542 I 1.W.876 13.B08 $ 171.513 230.302 t i-.3!<l 244.110 A Ter. Miiriran's La. 47,27»i £ 215,473 285,178 1S83 1884 ChicaKO 1 24,9(IS 65,818 74,06f t 11,903 13.2ia 1,270.24- 601540 »5S.I4f 69,734 107.744 SW.033 1..309.401 486.423 184.097 66.r57 24,73* 45'>,4«3 IIR.- 16.-5 18M 821,806 262,704 214,082 146.793 63,712 80.2.36 17.: .828 Oregon Short Line— 1HK5 1884 56,953 1,191,411 236,421 102.661 df.52,B30 Including OS ner cent of eaminirs and entire working expenses of the New York Penn.<ylvanla .4 Ohio lla-lrond. + Not incIiiilinL' taxes a .d rent:ilR. * Expenses Include boih in 1^4 and in 1885 one-twelflh of the year's tnxps. • marked their case is not sufficiently to call for any modifi- Among cation of the general conclusion expressed. the roads that have smaller net now, and had heavier net in some or may the months preceding, all & Burlington Quincy, be mentioned the & the Louisville Nashville, the Northern Central, and the Norfolk & Western. The East Tennessee, the Chesapeake & Ohio the Pennsylvania, the Philadelphia & Beading, the Nashville Chattanooga & St. Louis, and the Northern Pacific, Union make Pacific, the The following embraces poor returns. quite all roads from which returns can be obtained. GROSS AMD XET BABNINOS TO LATBST DATBS. RATES OF EXCHANGE AT LONDON AND ON LONDON AT LATEST DATES. BXOHAIfCI£ AT LOlfDON-June Oft— Timt. Otou Jan. Nft 'tfttratiruj Frankfort... Oroaa Earnings. mxpcrvtet. Earning, Atcb. Topeka & Santa Fe- ( l.lSJ.nso 18W5 1881 1.313.3<}^ Baltimore A Potombc— 18B6 1884 Burl. Cedar Kap. 1886 A * 674.131 780.0(2 A it inea A A Quiacj— Ft. Uoige— A Oeurtila- 1886 1884 Xast Tenn. Va. 1885 1884 Fort Wui t J 1886 1884 1.072,323 s.'i»,a>» 175,086 164.110 64.290, 57,4i7J 619,^87 4«4,597 386,4.S2 228,105 71,317 847,112 Sia7,4U7 £00,003 214.361 49,820 67.048 S7,83S 88.U.4 12 071 19.372 2<W.247 204,903 118.788 106. 70U 88,851 91.35^ 84,537 6«a2«4 14,837 610,098 8.0SI.901 i.dji.ia; 1.807,103 1,158,493 774.741 84U.74U 801 »7,7»l a-2 24,1110 20,00.1 278.,IT6 i9j.4»l 230,067 l93,iU0 4a,'<41 IX),U7J 25,175 S»,336 Kenfcky Cintral— 18»8 1884 551,585 473,S9d 7a,043 • 2.'1 17,1)65 47.10«! 73.13B, l,547,a»S 1.310.S93 1,463.943 We have had 141.950 1»2.2«4 80 144 2S,83S ol.476.653 99.701 1.636,469 4!«,.143 i63.no» 194,9»4 64.004 74.933 54 804 as,«4i 17,168 27.016 4.146,2^ tU,16l 5S1.M96 t0,4'.!9 1S..121 711 227 •HI l:« 301,187 «74 H7n a Not tnciu u -K t le nrab fti,*. uay* oX operated by receiver i^^jo. uu^.n^ 821.243 aua,&U3 71.212 5.786.086 2,273.3'W 14,137 t>ti,7&< 1.102.411 1 :n« loi A Nashville— «r,),cu S20-59 .lune 25 11 S<12-60 lune 25 11 l-,i-55 25 25 " 21 ** 6 S-,'l.« « 2.V-:4 ',^5 Checks 25 25 3 mos. '1 25 11 23 1' 25 243 „ 25-19 ...... 4700 25 •1 23 2i tel. tsfs •' 25 2i 60 day 25 4 moB ** 25 111187 Is. 62732d. IS. b'sl. 4-i4ii» 3s. U's-'ld. 4». loiyU. London. Saturday, June 37, 1835. another uneventful week. With the excep- and the actual accesConservatives to power, nothing special has Financially and commercially the position is occurred. unchanged. The same quietude which has characteriiseii the leading centres of industry for some time pait is still in force, tion of the solution of the political crisis 4,387,3(50 4.0 ... [From oar own oorreepondant. 10.8Rn,4f« 822,6'.!9 9.S38/Ut9 4.91^ 20-40 2U-30 2O-40 12-42 1235 ®lJ-60 . 1.18.1.467 A biover City 1886 18S4 LonliiTtlle 4,S,fl55! 32.217 fta,44:i I08,i!8» k Sontbwest.— 1886 1881 Chlcaisu Burl J888 Des m\ 0,302,78<1 Short. " .Iiine 2.3 June II 26-41l4»23-46'.i June .. " 2;-iu,r,«2:1is,« Juno 8t. Petorsb'g Parle Short. 25-l-?i*-'.5-23% Juue June Paris 3 mo8. 23-.13 E'25-4> 25-60 -ai-'3-55 Juue Oeuoa 14 June .Madrid 46 («4< ig 11 Juue 46 ®4bl8 Cadiz 11 Juie Llslion 5113i8a521i9 June Alexandria . June Ck>ii8tant'ple Bombay Juue D'ui'nd •1 Juue Calcutta Juue New York... June Hone Kong. Juno 8hanKhai •« Triestf Autwerji. bIk Sandy— iBSa 1881 Ches. Ohio 58i,B«0| RaU. 12 05 20-55 .. f< Time. DaU. June 23 2055 LOND').'. June 25 Short. »2039 •' •• Ohio 1886 BUzab. Lex. $ B,00S.4S0 ine.oos Canadian Pttclflc— 1885 1884 Baminga. North.- 1884 Cbesnpeake * 609,028 Bate. AiuHterdam. 3 moB. 12 254 »12-3>4 «12-2 Ainstorrtaiu. SiKbt. 12 1 Hamburg;.. . 3 IU08. •20o5 a20-39 Berlin 1 to .Vai/ 31. aXOHANOS ON Latetl Vienna May. 26. 77.0:17 l.xil '. 1-2 iimn the rood was nut sion of the and there are no indication? of an early alteration. But whilst all operations are confined within very narrovv limits, we do not hear of serious troubles. The volume of husiness unquestionably small and profits are cut very fine, but the is that tra le is sounJ, if wantinir in vitalThere is no prospect of a sudaen boom. Speculation is ity. is general assumption ; : THE CHRONICLE, 42 •dormant still, although the liberal subscriptions to the new Chinese loan suggested the inclination to adhere less strictly to the attitude of reserve and caution which has Messrs. Pixley bullion market [Vol. XLI. & Abell report as follows on the state of the : Gold—The Bank has only received $18,000 since our last, the arrivals a considerable amount of sovercieu* from Australia Uavlni; been of Whatever progress may delayed. owin« to the stoppage of tratlio in the Suez Canal. There has been a slight demrind for burs for India. $20,0)0 having been sent to be made will most likely be very slow; and it is doubtful Bombay per Khedive, and orders for German g.ild coin h»ve been met from the Banic. We have received whether any permanent improvement in business will take by the withdrawal of ig2l6,OO0 from New Zsaland. £14.000 from the East hitherto been so well maintained. place until the unsettling influences attending the general The entire election have been satisfactorily overcome. absence of angry discussions respecting foreign political affairs more than hints at a development of confidence if the present government make good their position; and with the growth of confidence an extension of trade may be considered assured. It is better, so long as reasonable progress be made, for trade to improve slowly but certainly, rather than to move in leaps and bounds, which are almost invariably attended by reaction, and frequently end in a disastrous return to the old That a revival cannot proceel for any length of XKisition. time without speculation being generated is an axiom which cannot be controverted, but the longer the speculative mania is kept in the background, the better will it be for the state of trade later on. The position of the money market is much the same. The approach of the close of the half-year has stimulated the inquiry for loans, but only to a slight extent. Diy to day per cent; and discount rates, money is still plentiful, at to Only -whilst higher than they have been, remain very low. unimportant changes are presented in the weekly Bank of % % return. The proportion of reserve to liabilities is rather less than last week, namely, 52'24, against 53'52 per cent. Gold is still being taken for the Continent, but not in sufficient quantities to counteract the reflux from the provinces; consequently the stock of bullion has slightly increased, England and now The reserve of notes and coin is but evident that money will remain «asy for some time. The Continental inquiry for gold is of too limited a nature to have much influence upon supplies in the Bank, and is not sufficiently strong to affect discount rales. Nothing but an important trade revival will disperse, or reduce within fair proportions, present unwieldy balances. The rates for money have been as follows : is little £38,116,000. short of £19,000,000. It is during the week ^822,000 and £30,000 from Central America; total. iSa.OOO. Silver— Prices of bars have been maintained at 49'i«d. during the week, and considerable business has been done at this quotation the amounts that have come to hand from America have been sold for arrival, and have, consequently, not exercised much influence on the market. The arrivals since our last comprise £ i5, 230 from Buenos Ayres and £68,>^80 from New York; total, £101,110. The P. 4 O. steamer has taken £45.000 lo Bombay. Mexican dollars remain at the price last quoted by us, 48''iiid., and at this rate those by the Oazaca, from Mexico, £ 10,0i>0 in value, were ; placed. The quotations Price 0/ Oold. for bullion are reported as follows: June f. 25. June 18. J. d. d. Bar Kold, due., oi. 77 9 Bar gold, contain'^. 20 dwts. silver. oz. 77 10« Span, doubloons. oz. S.Am.doubloons.oi. 77 9 Price 0} saver. BarsllTer.flne..oi. June June 25. 18. d. d. 49 8-16 48 3-16 49 9-16 49 9-16 53 1-18 48 3-16 Bar llTer.contaln77 \Oii tng5grs.gold..ot. oz* 53 1-1« Cake BllTer Mexican dolB...oz. 4S 3-16 According to Kemp's Mercantile Qazette the number of England and Wales gazetted during the week ending June 20 was 109 or 55 more than last year. The net failures in increase to date is 263. Tenders for £100,000 debentures of the Ceylon Government will be received. The loan bears 4 per cent interest and the minimum is 99 per cent. The new Oriental Bank has just issued its first balance sheet and announces a dividend at the rate of 5 per cent per annum. The weather has been rather cold during the past week for the time of year, and the growth of vegetation has in consequence been checked. The harvest cannot fail to be a week later than last year, and unless the weather becomes more genial the delay may be extended to a fortnight. The crops generally look well, but warmth and sunshine are urgently requisite to insure good quality. The hay harvest promises to turn out well and the hay has in some districts been carried in good condition. A the grain trade. has been held with more firmness, and has occasionally BankBUU. brought 6d. and Is. per quarter more money. Although the Xonlon Joint market does not possess much real vitality, and buyers are At 7 to 14 not at all anxious to increase their purchases, a change seems Fowr Three Six Three Four Six Stock MonthMlMontheiMonthe Months^ Manthe] Month* Banks. Cali. Davs. to be coming over the trade, and were it not for the liberality "i7 I « --jlXa -jlXa -l«:i2!<a ®2«29j'32X 1!<-1« of the Amnrican flour shipments, which keeps down values, Mar ia 1»< 1 H- H some quotable advance might be expected at an early date. June 5 I • -HH3 -tiMaiiiiKavi 1 H- H We may secure a fair crop here, but owing to the limited n<(»2M2 H u 1 acreage under cultivation, it cannot be a large one and if •• -'% 19 1 15-10;l>ia IH-ilH 2 62;^ iM%m H9 the American crop is to be something like twenty million " 28 H»-\%<» -!»>iia-'i «8 ii^aa i^82>t I H quarters short of last year it is evident that our receipt's from The following return shows the position of the Bank of the United States during the new season must be on a reduced Compared with this time last year the quantity afloat England, the Bank rate of discount, the price of consols, scale. but not suflicient to still shows a considerable increase, the price of middling upland cotton and wheat, and the Bankers' counterbalance the diminution in the stocks held here. And Clearing House return, compared with the three previous the excess in the visible supply in America is now only The statistical position is therefore bushels. 21, .500,000 years promising some improvement in prices, but there cannot be 1885. 1884. 1883. 1882. Clronlatlon.^xcludlng « « great change so long as business runs in its present "day & other bills.. 24.912,005 2.'>,31.5.320 25.473.99-. 26,070.915 any However, as the grain now appears to bo restricted groove. Public dHlH>Hlt8 7.S70.886 9,8»».08l 8.589,313 7.678.483 Other deposits. 28.239,398 23,790,122 22,0U,e.)8 24.801,983 in stronger hands than it has been for some time, there is less Goveruiu't w^oiirittea. 13.79.J.3U 13.H13,513 13,314.^98 13.780,0711 prospect of sales being needlessly forced, and the trade may Other Beciiritiea 21.191.099 21,991, 216 22.102.68d '22,509,727 healthier appearance altogether Ee«' ve of notes i coin 18,954,668 15,875,895 ll,734,9uO 14.059,996 now not improbably assume a but at the same time it would not do to entertain the Coin aud bullion in both departments.. 28,116,673 25,441,215 22,433,763 24,380.941 sanguine hope of a decided rise of a permanent character. Proport*ii of reserve The following return shows the extent of the imports of to liabilities 52-24 p. o. 46''8 p. 0. 43 P.O. 41 U P.O. cereal produce into the United Kingdom during the past Bank rate 2 p. 2 p. 0. 4 p. c. 3 c Coasola 991i,„xd. 43 weeks of the season, the sales of home-grown produce, lOOxd. lC036xd. 99i59Xd. Edk. wheat, av. price 33k. 2(1. 37fl. Od. 42s. .!id. 46s. ild the average prices realized, and other items, compared with Mid. Upland cotton.. 5iiod. S'ad. 5>«d. last season: Na 40 uiule twist.... fiSgd. 9d. 9%d. 9'ed. Open mairtut Interest allowed for deposite by ratee. slightly firmer tone has characterized Wheat ma ; W - |i. CleatlnK-Houae The Bank ret'n. 91,083,000 97,327,000 rate of discount and open «hief Continental cities have been as follows: June Batetof mttrettmt BMIlk Rat*. ~8 now and 29. June for 18. Optn Bank Open Market BaU. Market June Open Rate. Markol ~~2><" 2« ~S Frankfort ait' 3 3 Hanbont 3M 4 4 4 *H 8 4 2« 2!i »>« 2K1 «W 8 11. Bonk 4 4 Pari* Berlin June Bank Rate. 4. Open Market ~» 2?< 2« 2« Wlieat Barley Oat* Peas Bean* Indian corn Flour 1884-5. cwt. 43,757.848 14,315.299 10.25 <.963 1,676.014 2.772..505 21.665,036 14.050,222 2« 1883-4. 40.825,634 13,069,fi83 9,759. 3S5 1882-3. 53,647,428 14,^04,296 l.',16%rt41 1.797,835 1.721,677 I,5.i2.l33 2,297,8«1 17,363,958 13.012,270 7,005.161 13,936,754 (exclusive of stocks on 1.498.281 2,179,665 21.775, S19 12.a37.904 Supplies available for consumption 1) in 42 weeks: 1883-4. 1882-3. Total 2>i 3 2« 2« 8 Madrid 4 4 4 4 4 4 »% 8« « 8 6 4 « SJ4 Pelcnburg., Con«nh«tf«n. .. 6 8 SW 8H 8W 8« 8!4 1881-2. 40.825.631 53,647,428 48,294,828 ll,'i50.2J2 12.317.904 l:i,936,751 7.905,164 Iiup'irts of flour Bales of home-grown. .35,802.300 35,777,271 38,149,000 29.852.600 Imports of wheat, cwt.43.75 7.8 18 4 »4. 1881-2. 48.294,828 11,3.M,1!50 8.3.57,531 September 1884-5. 8)4 4 4 3 4 4 Bt. IMPOSTS. 85,153,000 104,918,000 market rates at the the previous three week 93,610,370 88.910,809 100,033,132 86.0)2,593 of the sales of home-grown wheat, barley and oats in the lea<ling markets of England and Wales during the past 43 weeks of the season, tojj;ether with the average trices realized, compared with the previous season, are shown The extent f n the following statement: .. JPLT .. THE CHRONICLE. 11, 1886.] 18S3-84. lS8t-S8. At'ga Salt: : U 3,490.021 Wlinat, qr». Salei. I'Tiee 1882-83. Sate*. 'S^ I. rf. rSi <t ' *. d. It 8 3 2 .0M.323 31 273,72(1 20 JJ 4 Converting qtiiirteni of wheat, into cww,, cbe tuMis tur me whole kiiunlom are e8iimatt><l as fullowa: Barley Oato 1884-5. ewt. 35,802.3J0 Vbeat The followlnj; Bhowa 1881-2. 18«2-3. lH8:<-4. 38,449,000 29.H5i.000 the quantities of wheat, flour and Indian 35,777,271 corn afloat to the United Kin^dDm: Al urtMCHt. Wheat qrn. 2.28.-).0O0 Mul/.« Laul week. 2.512.0O0 Livtt f/ear. 1 .7I1!>,000 241.IKX) 227.000 419,000 232.000 327,000 rionr.ioiialtonrs ijrii. 281.000 1883. 1,7';5 000 182,000 314,010 43 irr.- >Th« following table show* the riMi'iplH and imynients at tlie tlie Suli-TreaKurv in this city, aa well as the balances in the same, for each day of the past week: Batanett. DaU. Beeelptt. Paifmenlt. Holiday July 4. •• I,6'i6,.50« 1,740.0.'>I 1.043,3-l« " " " 10. 1,6V|,017 38 1,461,155 54 1,154 662 -.2 1.510,098 94 rotal... 16,471 00 AK. Uon. Wtd. Tut*. '.',. <9»,8 49Si« surer, peroi d. 49 14 99" 1. 99^ Oooauin for money 99»,« 99KII Oonsole for account 9M!W 99>lii Fr'oh rentt>e(ln Paris) fi SI 20 80-92>a 8087i« 116 115\ D. 8. 4)«iof 1891 126 126 U.S. 4a of 1907 126 41T„ 41 Tg 42 Ouadlan Paolllc 78ii» 73 7308 ^lo. Mil. A St. Paul.... 14 I0>« 10 10 Brie, oomnton «took.... I29I4 mitiolK Central 129>9 129 Peniisvlvaula 48 <4 48 >4 48!>s PhllHtfnlphia »i Readlna f>\. 7 7 Waw VorV f',.ntri»l 88 M 88 49 U 493,8 90 »8 99 »8 80-87 >« 115^8 U5\ 126 42 I 09 'b 8110 U5»« 126>8 m. 4914 100 100 8l-i2>a lie 126 4-JiD 4218 7314 7»»8 75!|» 10 129 >« 49 le 7 10i« 130I9 lUDg 8-"8 9o3^ 50 '4 "H 130\ 41f8 8 inns. Commevctal and ^Xtscellaueous ^zvjs Imports and Exports for thb Week. —The imports of last week, compared with those of the preceding week, show an increase in dry goods and a decrease in general merchandise. The total imports were 16.845,285, against 16,819,567 the preceding week and |i6, 1^8.904 two weeks previous. The exports for the week ended July 7 amounted to 15,484,690, against 1:6,915..587 last week and $6,971,919 two weeks previous. The following are the imports at New York for the week ending (for dry goods) July 3 and for the week ending (for general merchandise) iJuly 3 also totals since the beginning of the fliat week in Januarr: ; roRBiait IMPOSTS 4T For Week. 1882. raw 1884. 1H85. Oen'liuer'diae. Total Since Jan. Dry UmxU 82,703.133 7,061,254 $1,919,592 5,638,140 $1,506,473 5,338,812 $7,570,274 $9,764,387 $7,556,732 $6,815,285 »fl8,«9S,873i $04,445,761 »60,097.3I>0 193,307,9^5, 175,604,782 169,709,554 $49,188,707 145,122,612 I. Geu'l luer'dise.. lV>tal $2.0S5,741 5,474,530 27 weeks, *261,806.658 $240,050,.'>43 $229,866,934 <H9t,311,319 In our report of the dry goods trade will be found the imports of dry goods for one week later. The following is a statement of the exports (exclusive of pecie) from the port of New York to foreign ports for the week ending July 7, 1885, and from January 1 to date: : Jfny. , . —1881-5. . 1885. . 1884. $312,425 216,841 .$239,316 Oro«« earnlnKR 189,289 Operating expenses.. Dee. 1 : ;,/ i.'V : lo May'iX,-^ 1883-4. $1,368,977 1,113,188 $1.6^4,031 1,289,619 $101,382 $7,000,000 stock the privilege of subscribing pro rata to $700,000 second morteage 10 per cent bonds, the proceeds to cancel the $600,000 floating debt of the company and give a working capital of $100,000. Net earnings $50,027 $95,781 $J5J,489 —This company will soon offer to the holders nf — its — Pennsylvania. Junction & Brcakfrater. The Pennsylvania Railroad Company is about coinplei,ing negotiations for the purch.t^e of the Junction & Breakwater Railroad, extending from Harrington, a distance of 81 miles, to Franklin, and penetrating the moat prolific sections of the D.'laware PeninsuU, It has a branch to Lewes and Rehoboth Beach, and has formerly contributed its tonnage to the Old Dominion Steamship Company, Toledo Cincinnati & St. Loais. The appMntment of Gen. — John McNulta, of Bloomington, 111., as receiver of this railW, J. Craig, is not acceptable to the Quigley way, to succeed Mr. committee. Wabaiih seem to be St. Lonis & Paclflc—The affairs of this company- drifting on without reaching a climax. By the loss of leased lines the mileage is cut down from 3,516 miles Mr. Bald, the representative of last year to 3,776 miles now. the English holders of the general mortgage bonds, has about finished the work of examining the system, and it is understood that he will recommend reorganization on substantially suggested by the executive committee. & Trust Co., as trustee, has filed a crossforeclosure suit to procure a separate receiver for the St. Louis Kansas City & Northern. a-< The Farmer's Loan bill in Dry Oowlx «t! — the same basis tobk. 1883. 077 ' 5,811.306 40 . Thur$. "1 'O '-<'' < ..,.- :. ._ ..'... 791,578 , 1,169,784 02 I5&,.'>77,49i 66jl9,»7J,06j . London. ''' l.nilMiOl Orfiffon Improrement Companr. This company's statement for May and for the six months from Dec. 1 is as follows BnKllab Pln«ael«l IlIarkeM— Per Cable. The daily oloeing quotations for securities, fto., at London are reported bir cable as follows for the week ending; July 10: '" ''' ~^^ 42 6. 7. 8. 9. " Ommney. OotH. the Wabash Wheeling & Luke Erie.— .\ foreclosure suit against the filed in the United States Circuit Court at Cleveland. Wisconsin Central. A press dispatch from Milwaukee, July 8, said " The Wisconsin Central Railway Company has at last taken a decided step toward securing an outlet to Chicago and the East, and a fine of road is to be built immediately from Schleisingerville, on the Wisconsin Central, to Wheeling & Lake Erie Railroad has been — : Chicago. An extension company has been formed for the purpose, with a capital stock of $30,000,000. The incorporators are Henry Alison, Edward Alison, Halver Olson, Edward ZPUBT8 ntOM Haw tokk pok ran wbbk. Olson and Henry Olson, wealthy business men of Chicago, who also form the first board of directors of the new com1882. 1883. 1884. 1885. pany. The organization has been incorporated and the $8,025,111'; Fertile week... «5,780.7.*.8 ie,8.S6,593 $5.4'<4,690 charter issued to the Wisconsin Central Company, Work Prev. report«<l 158,555.09 ; 176,917,824 151,936,791 166,809.048 will be commenced on the new line at once, and it will be Total 27 weekg. $166,580,114 $182,728 582!$15P,793,38; $172 293,736 pushed to completion as rapidly as possible." Attention is called to the Council Bluffs City Water Work.* The following table shows the exports and imports of specie at the port of New York for the week ending July 4, and Company's bonds offered in our advertising columns by since January 1, 1885, and for the corresponding periods in Messrs. Allen & Stead of this city. These are a first mortgage 85 year gold 6 per cent lx)nd issued by a corporation created 1884 and 1883: under the laws of Iowa for furnishing the City of Council XPORTS IMPOBTS Or BPBOia JIT ITBW TORK. Bluffs with water, Xxportt. Imports. The Canadian Pacific dividend, as guaranteed by the Sold. Dominion Government at the rate of 3 per cent per annum, Week. Week. Since Jan.l. Since Jan.l. has just been declared pavable (\\4 per cent semi-annual) ereat Britain $264,300 S * $ August 18, by Messrs. J. Kennedy 'I'oa & Co,, New York, or Frauee 9,562 1,412.991 Germany 63.001 3,003.056 by Morton, Rose & Co., London. West iDdleg 103,306 S.529,412 32,474 701.400 ^The County of Hampden, in Massachusetts, offers a loan Mexico 7-4 24,:>sa Booth Aaierloa 3',6bo 195,672 2,260 229.218 of $175,000, the proceeds to be used for public buildings. The 11 other ooautrle*. 5,500 224.216 63,267 bonds run for twenty years ami bear 3 or 8J^ per cent, as the offers maj'^ propose. A municipal loan in Massachusetts is T»tal 1885 $111,800 »6;28.-.,5fi3 »35.S18 $5,434,717 lowest figures. Total 1884 44,3Jo 87,721,579 558,733 5,912.5.13 e.xpected to go at the Total 1883 218,890 18,125 4,806,.5i« Aaction Sales.—The following were sold at auction lately by Messrs Adrian H. MuUer Son: Silver. Sreat Britain $248,500 $7,572,97S Share*. Shares. $21,332 $ Pranc^ 13,310 28 B^nkof America 189% 340,*23 76 202 Oonsol. Oils Uitht Co,.93-93i« 240Brooklyu Ga.s LigUt (itlaii.l Nat. Rk ....115 1,450 Co..l29>9 22 l.,'>ng 83,958 West In.iles 192 Vas.ail (J^is LUllt Co...l25-'s 1,000 Kvenliig Sf ir Silver 1,200 26."i',392 202,413 25;407 . — xm — — . & Mexico.... ........... South AmBrtoa Ail other countrlea. . Total 1885 Total 1884 Total 1883 2,606 8,235 406,124 $266,460 150,)0U $8,614,531 6,88.\402 170..584 7,087, 18:i 3.299 8,530 $37,236 20.793 26,439 193,u.i3 458,440 7,108 $948,381 1.9S.!.412 2,0h9.'Ji5 Of the above imports for the week in 1885, $1U,444 were American gold coin and |1 7,014 American silver coin. Of the exports during the-same time, |7,000 were American gold coin and |2,650 American bilver coin. 50 .Metro|)(>l(taii Nat. Bk ... 7'« 20 Amprican Exrii Nat. Rk.ll8^ .Mining Co. of Elk Moiin- Onunisou County, 38 Rntch.ft l)rover»'.Vat.Bk.l50>4 Colorado 2>4C. per tb. 2,027 Union N if. Hk. of the 7 Central Park North A Ciiy of New Yoik 145 1 42 £ast Hlver RR. Co lOOCitljens' Klre Iiis. Co....l30ig 150 Hay ward HiihUur Co. ot Bon</jt. ColrhPKter. Ct .fiOO Metropollti tJai Light 40 25 KiiifkerlTOc-kerTrHM 00.101114 Co «n coup duo 1901 115^ 70 .Vtuciiciiii l.oan A Tr. Oi.lOOS, $1 .Olio (if N. Y. 7a Cnito J M 67 -M imifactiirfrs' Nat. Bk due 19.10. 137 A lot. taiD. 1 On of Brooklyn 2 Eighth Av. RK.CO 129 260 , V Citv 7» $: 1. iyl3 Water 1174(&lnt. 8 : . : 'THE CHRONIGLE. 44 ghe Railroads. iV S. Fe (quar.) Aug. Aug. Atchison lup. I'd CaiiHdiin Haritio E»Bt PeiiofylvMnia M LluleS'liiijIltll Mine Kill & S.liuylkill Haven.... Bl Rocbester & m^Ti. (quar.) Insurance. 8t. PaUlMliii'. 50 July July 75 July — i@i Clinton Fire Coniini'nial Fire 3^ Globe Fir* 5 '. 7 to July I'J 7 to July 15 1 July 19 to Aug. '20 On detn. on dem. On deni. On dem On dem. 3 Guar.iian ^irrt KntrlreihiM-lc rFire., Merc»nille Firn NcwY' rk Equitable Kuteei'8 Firu United -i^tea Hre July July July Aug. 3 3 6 5 Cannal.y Co Union TruBt 1^". (quar.) a. b 1 On dem 21a .Inly Paris (francs) (guilders) Pi^nkf ort or Bremen (reiehmarVR) —The following are quotations in gold for various coins $4 85'sa$4 89'2 3 9t 3 88 - " 4 74 ® 4 78 « 4 00 96 3 't>an"bDoubloonB.15 .'.S ®15 70 5.t 6s 15 alo ^fet. Doubloons.. 0713 Fini silver bars .. 1 06^8 9 I4 preui par /* Fin-» gold bars DimrtsA ij dimes. — 99\» par " X X Beiohmarks. X Guilders 1 Sliver "48 and 'as Five- •franca Mexican dollars.. 99»»» par. a. S. ailverdollarti- 99>%9 par. 1 10 July 7 to July 10 VOttK, FKIOAY. JULYie, 1SS5-5 P. M. Market and Financial Situation. The new Money The half-year opens rather favorably, although it must be admitted NBW — that the cheerfulness noticed consists rather in the absence of bad things, than in the development of anything particularly 4 861a Ameterdam Coins. 10 4 Prime bankers' sterling blUs on London.. Prime commercial Documentary commercial.... Sovereigns N*v>«leon9 Ou dem misccllaneons. Demand, 1 21 11 July 15 July New July 10. IS Tuly 11 to 18 July 23 to Aug. Aug. 5 5 American K.\cuauge Ftro Fidelitj New rates of domestic exchange on at the under-mentioned cities to-day: Savannati, ouying premium ; Charleston, buying i prepar, selling mium, selling 3-16 premium; Boston, par@2J premium; Orleans, commercial, 150 premium; bank, 200@250 premium; St. Louis, 75 premium ; Chicago, 40 premium. The posted rates of leading bankers are as follows : York ' & XU. The following were the Igaukers' Cfiagctte. Ol VIDBN08. Th* foUnwtQK dividend* have recently heen Mmoanoed Boole* Ototed. When Per iramt of Company. (Days inclttHve.) Payable. cent. Portland [Vol. United States Bonds. — 92 a — 94 — 84ia* — 85 Do uncommerc'l. — '3^* — .... — 76"^* — 7714 Peruvtansoles English «ilver .... 4 7« * 4 84 B'^H ' - .— U. 8. trade dollars "— — Government bonds were only mod- erately active the past week, and prices are about steady. The closing prices at the N. Y. Board have been as follows: Interegt Periods. 4i«8,1891 reg 1891 coup July July July July 4. 6. 7. 8. July y July 10. •112% •I12%*U2% 112:ij ^11241 112% 11278 .22»p 122% *l22«ll 12-..% *122% 122 V 122%' 122^ 122% 122% •loa'e l(l3''8l 10:- '8 *li S\ 103% '1125^ •112«» -Mar. -Mar. good. There has been a growing feeling for some time past that the worst effects of the crisis of 1884 have already been seen, and that the bottom of the downward grade was reached some weeks since. This impression has also been confirmed in u measure by the fact that the first of July has now passed without bringing many new railroad defaults or mercantile failures, and this semi annual turning point is always watched with 4>«a, more or less interest. The railroad earnings State and Railroad Bonds.— Quite an active business was done in State bonds on Monday, since which time dealings have been light. The total transactions for the week were 125,000 Louisiana 7s consol. at 77; $10,000 do., ex-coupon, at 64-641^00; $1,000 Missouri 63, 18S6, at lOlJ; $2,000 do., 1887, at 104; $2,000 do., 1888, at 105}; $1,000 do., 1889, at 110; $1,000 North Carolina 6s, 1919, at 112; $1,000 South for June, published to-day on another exhibit, and this, in connection with the recent measures taken for the restoration of rates, give a better outlook for railroad profits. It is argued that the past year 1884-5 has been worse for those railroads affected by the ratecut ing than any year that they are likely to see again; and hence the profits of the past twelve months are taken as a posipasre, tive make a fair minimum, on which the future must show an improve- ment. The agricultural condition, which is so exceptionally good in the South, and fair throughout the country (except for winter wheat), has much to do witli the prospect for fail business, and lends encouragement to those who look for a gradually improving trade. reg 1(<,1907 18,1907 — coup reg, 3s, option U. 8 6j, our'oy, 'ys. ..reg '96. ..reg, our'cy, 63, 6i, our'oy, '97. ..reg. - . reg. 63, cnr'oy, '98 ree. 6s,oar'CT. '99 *iTIiig is -Jan. -Jan. -Feb. •12714 •12738 •127.''« *127i8 •129 V4 *1'2938 '12919 '129 MHOV, •13OI4 MliO^ •131 ,*1311s *133kil ln388*I33l« •13:114 133 135>4 13598*13518 135 135 127 14 & J. A J. & :. A J A J the price bid at tlie •129 morning board : no sale was mado Carolina Os, brown consols, at 107. Railroad bonds were dealt in fairly when compared with the dulness of the stock market, and the tone of prices was generally strong, with some classes advancing quite materially. West Shore 5s and Erie 2 Is continue to show con.siderablc animation, and after exhibiting some weakness early in the week, became strong, and advanced. West Shore 5s close at Mis37J, against 35|^ last week; Erie 2ds at 54, against 50|; Texas gen. 5.9 at 03, against 01; do. gen. Os at souri Kansas Erie conT5J-, against 74f ; do. consol. 7s at lllj, against 109; sol", gold 7s at 119, against 115}; Central Pacific gold bonds at lllj, against llli; Metropolitan Elevated Ists at 113, against Pacific Rios, coupon 110|; do. 2ds atl02}, against 101; Texas Oregon Short Line Os at 92|, against 92. off, at 48J, against 51 latterly Reports of a comprehensive arrangement between Mr. Van& and the Pennsylvania Railroad officials, covering the vexed questions pertaining to the South Pennsylvania, the West Shore, the competitive roads to the coal fields, &c., have been rife all the week, but no definite facts have been obtainable. & Rates for call loans during the week on stock and bond collaterals have ranged at 1@3 per cent, and to-day at the same Railroad and Miscellaneons Stocks.— The week opened Prime commercial pajier is quoted at 3@4 per cent. figures. The Bank of England weekly statement on Thursday showed on Monday, July 6, with a very dull and featureless stock mara loss in specie of £279,161, and the percentage of reserve to ket, no events of any importance having transpired during the two days when the Stock Exchange was closed to affert prices liabilities was 44 5-16, against 48| last week; the discount rate remains at 2 per cent. The Bank of France lost 1,200,000 to any extent. At the opening there was some strength manifested as a result of a stronger London market, but prices soon francs in gold and 1,365,000 francs in silver. The New York Clearing Hou.se banks, in their statement of sagged, and remained very dull and generally weak till WednesJuly 3, showed a decrease in surplus reserve of $1,780,523, day, when there was some reaction, led by the Vaiiderbilts and the total surplus being 101,607,900, against 103,394,425 the <;rangers, on a vngue rumor of a settlement, in some manner, On Thursday there was more animaof trunk-line difficulties. previous week. The following table shows the changes from the previous tion shown than for some time past, and prices were generally week and a comparison with the two preceding years in the strong throughout the. list, with only a partial reaction near the close. averages of the Kew York Clearing House banks. Rumors have been current for some time past of negotiations 1R8.%. IHtfer'neetfr'ml 1884. for a settlement between the Pennsylvania and Vandcrbilt 1883. Jitly 3. Previous Week.] July 5. July 7. interests, and they assumed more definite shajie this week than liOanHanddls •ii307,W6.400 Inc .*3. 470.000 $292,R08.90O S32S, CSS, ,201 ever before, though no precise information has yet been made 1 14.1 IM, 600 Ino. Specie lt;3,0)0l 60,8 1 8 6; ,7»!l, o. public in reg.ird to the matter. The rumors in this connection 9.-:^!) 'OO DttC. Circulation 7 1 K)0 4,437.r. 612 30 NetdettoHltfi.. 380.70 -.S'lO Ino. 4,035.300 29",3"i,()00 322 ,318, ,20" have been an important factor in the stock speculation for the 4-^,088 O0< Deo. Legal teu<lerH. 91 ,7001 28,027,000 week, though the strength is undoubtedly due in part to a natV!4.,431 ,700 Legal reHerve »9.'>,1«».7no Iiic.*l,008.82i $72,.'576,000 *=o. 587 ,r.50 ural reaction from the recent decline, assisted by the covering Beserve held lot).807,tiOli Dbc. 777,70i> 88,-7ij.80O 87, 231 ,2 lO in short contracts. debilt ; II . Bnrplnii *«1 ,"^07.90' nei>.*l — 7><«..">'2-" iHl B,''0'?.aoo »fi.«44,l-0 Sterling exchange continues very quiet in though there was a temporary increase in the dem md for eight l)ills early in the week, which caused some drawers to advance the rate for that class i cent on the pound. Otherwise the market is unchanged and dull. To-day the rates on actual business were as follows, viz. Bankers' (W •iavs' sterling, 4 84i@4 84 J; demand, 4 85};44 80. Cables, 4 86@4 86^. Corainereiai hills were 4 83i@4 83. Continental hills were Francs, 5 20|@5 21J- and 5 18i@5 ISJreifhniMrks, 84|(a94} and 95i@95J; guilders, 40@40i and 401®40j. ExchnriifH. tone, : The grangers have been quite strong, especially St. Paul, in which stock there has recently been an accession of strength on the acquisition of Mr. Annour of Chicago as a director; also, the granger roads continue to show good earnings, and with a fair spring-wheat crop their traffic will probaUly i)e well kept up. To-day prices were generally well supported, and Lake Shore advanced fully 1 per cent at the first Board. In the afternoon business was dull, but Lake Shore and New York Central held most of their advance, closing at 58it and 88| respectively. Both to-day and jireviously the principal buyer of Lake Shore, New Y'ork Central arid West Shore bonds has been a broker who.se orders arc sujipo.sed to come from a ))rominent banking house closely identified with London interests. . Jtoy . .. . TRK 1«M.] 11, 5 . Monday, Batnrdagr. July July i. WEEK ENDlNO JVLl* 10, AND SINCE Tuesday, .Weduwtdar. Thursday, July 7. July t). July U. tf. ; 45 HIOHKST ASn LOWEST PRIOBS. STOCKS. 1 HRONICLE. ( - NKW TUUK STOCK EXCHANGE PUICEH FOtt 1 Fnrt»r. I July lu. 9} 9} JAN. 18^5. 1, for Koll Year IHKi. Hklesof lUnmiHtiiMJkn. 1. 188S. the Week (Shares) Lowest. Hlubmt. Low. HIch ItA ll,K<>\l>H. Albain* vt stimjiiehMuiitt MoHluii.t N Y. Alr-I.liiii. pref. .Mo. ('•il. ititpKla .1 BuillliKl.MI I'Ht^ttto «•« 40'« Catitblit .s«Httli..rii 80^4 3U»«I 'JU^g CaiiMiliiiii KiilU .« MtiineHUtA Ceiilrul l..v»'n „Ceiiti-iti of N'hw J*»ni6y tO*t <r'M" 3Ul« 40',' iW, 'Vl^'i'i'i 'Vlii'ViJi !«I34 31 3U^| 31 30<a «»4 9'4 SHS, .lOW. S<iS 39 30 "s 30 '» SOU 3UI4 4^^ 0«t1ifcr Ceiitr.tl 37'« 37'. S7-1, 30 t'in-iiic Okeaap'-itki. .« 37 .Is' 30 lU'ft 4 l«l|ire(.. 4 MI4 H Alton Kurluufton -41, R 137 137 f20<^ 127 "()'. T2 TJ't 7:<>i, lIH^j ion 1011 109 >« V2'4 03 S' 9.S 04 . ^.'^7^ 137>4 it I >t 71 St. Hiinl prut. CtaU',»K<> 1)0 A 71-'4. 9A 12s V^T^Vito,' l'.i7', USKi' 11S<«11«V IIU 9'J ViH US \ U ChliJinuSi. l.iiuiaA PlttsUurf;. pr«f )o ChlcjiRU HI. l"»al Mtnii. <t Om. I 110 CleveluiKl I'ol.cin. A prof. Indlaiiup. Clevi'l.iMil .s l"ltl.tlMlr)t. rfiiiir... Coliiiiilnit .t <irf«-ii\-ilU». prof... I)«law.it'o L;icka\viiiiiia >.% Weat. I>euvt'r Itio t.raii.le 7'2i4 7'J'ii S0>4 3034 9?>4 93>4 A 72 V 72 '.!1>9 21 72'« 7:i"B 12H1-4 llt>>4 92Vi 4», 4»B Du i't «'( 6 67 •« 58 97 •« 76 "a 7.1 "a 35 35(4 'si'vlss fiei4 (.Hlaiiil Naslivtile Louisville .Vow AIliiuiy.% Chic; Uaiiluiltitii Kloralftl, courtOl.. . .c Ion lioui-IM'o Meui|»iiis .1; 'li:trU'-*ton MetnipolitJiii Klovaloil 35 1 35 _. I'oiitlal liU. L. Shore .t vVertrni. pref.. UtnueaiioliH .% St. LoQla. IJo pref.. B4% MlchiKoii Kansas A Texa9 2-Jla 72 73"!, 94 'H 95", 4^4 S 17«8 95"^ 18 9iH Kwrtex .St. [..onlS| New York I'eiitral A KiidiMU..) New York (;hic. Jt St. Umln Do pref. New York Lack. A Western ... New Y'urk Luke Erie A West'u Do uref. NewY'ork A New Bnglaml New York New llavou .t Hart. New Y'ork Ontario Jt WoHteru. New York susij. A Westeru ... Do pref. Norfolk A \Ve.-*tem, pref... Pacific 86=8 84', 191 191 •24 •24 ,<0 an 12034 1267, 12ti'4 12ii"a 1^ 2 SliVa 5S 7.1% 75'\, "os'ii iisy •9514 95 '3 55 Hi 37 125 3S 67 « 68 Ij tiioA MlH^tssippl pref..... OreKon short Line Orevou .V rran.-«-C'ontjnentaI... Peoria Doi-iilnr Phllailolphia A 37 28 »4 29 17 Hi 95'* 9o>3 951, 122 >a 122 Hi 12:1 la 35 SiJ'e >125 5314 53% 29 17% 18 17% 17'a 9o-\ KvaiisvUie. .ft ReadiuK Do A c:hlo. 29 18% 93% go's 8 123 Hi 122 Hi 122 Hi 38 boU 87 87 88 '84% '85% 4S4 43^ 89^ 9>S 2>, *2 «4% 5 89 '» 89 » 6 90 (i's 10% 10'4 90 Hi 10 Hi li", 19 'e 183Hl 19Hi 19Hi a M 14% •iei4 17 39% 39%' , 15 ^ -a 13'. 13% 13% 131s 9 14 lOHi 39Hi % U% 10% 7% 7"« d'i *10>4 17 39% 40% 39% ^ Imnvitle.. Rome Watertown 16 12% 13% 8% &% I414 14% •It 17 40<4 7% 16 17% 41 •5 13% 13 Hi 9 14 16% 2% Bi, 89% 89% 1014 10% 22 22 7% 7% •14 16 17% 17Hl 40% 4U% 51 2OH1 6OH1 2UHl 50 SO 60 m 1 t-j ) / 1 Dnluth Panl Panl >liiinfap. Do pref TexaM oz I'acllic Union Partrtc WTabasl) St. Louis .t A I 1 I Hi MO •30 82 60% 60% 60% 20 21% 3 SO 79 KHlHl 981-1 11% U%i 31 31% Paoillc 3 able Co Banker!*' A .Merchants' Tel Coloratto Coal .It Iron ConsolidatHii i;a» Co 79 100% 100% 11% 11»< 60 4 61% 09 99% 11% 11% 49% 51% 4 31% 31% 83 84 •99 100 11% 12% 51% •3% 4 30', •6 61 . 92% 92% Dolawan? A llutlrtnn Oaiial OroKun Iniprovenielill'o Hallway Jt Nav. Co Pull man Palace Car Quicksilver .MlnlUff 7'J% 76 Hi; 48% 48% Co Co 116 Do pref Western Union Telexraph American ., stales Weill.. ParKi>,t tjiiiteil , Co IXACrriVK STIirK!». .V .Santa Fe. Cblcat-o A Alton, pref ClnriMMMtl sjinilM-'kv A Cleve. 8% 200 18 115 12 38 173 7X0 6% 9 6.702 s'.i's'e Si 2.210 lO.O'iO 60% 50% •2%"3 116 140 95 92% 92% 76% 76% 4714 I 113 7 •1« 30 18 30 84 97 12 99 I'.'ii 50% 61% •3% 4 •8 7% 9.1 8: Jan. 8' 3o: May 2 12% Jan. 6 8 175 7 44 Mar. l%Jan. 4 19 71 July 9 I 7% Juue2t 1'2 14 's Mar. 21 10% Apr. 8 7% June 9 13 May 29 21 o 18 1»< 4% 17 14 37% 161 1 *J5 14% 25% 2' Jan. 11 Jnlv 9 Mai-. Ajir. iJI^ 1% Feb. 2'<, 8 Feb. '20 2334 Feb. 2S' 19 14 Feb. 2H. 3 .5Lav 90 45 1!>. 5 11% 27 8»i 24 6% 34% 7 17% 16',! 60% i Apr. •211 15% Feb, 27 19 Jan, 2 15 I ' ' 94 62 9% 10 75% 77% 93% 9314 77% 78 74 73'g 74 10 10 10 10% 77'; "78 74 60% 94% 62%' 61'% 1*108 110 8 80 22»i 61% 111 93 Hi 223< 61 's 141 93 51% 53 109% 109%,^1U8 1X0 Mar, 28 Jan. *27i June29i Jan, 3 Mar. 21 68% Jau. 22 21 Jan. 3 59% Jan. 29 3,861 "(wis 61% 62 "137 143 •137 142 93 US 94 95 5'^% 52% 52% 52 838 530 June 6 82%Junel!i 25 Jau. 4 34 77 27 1.30 Jan. 102 87% Jau. 212 48 Jan. 86 104%Jan. 2% ill nil CHiifral Ciial •110 8 Mar. 19! Fob. 27 14% June23 14 June'2.1 22% Mar. 6 26 14% 14% 116 40 19 13% 13% 305 10 7% 4% \f(..|..qr aro Uio yriuea UiU luid aakeU; uo sale vran 14 17 umUe at tUe Board. 60% iia Jan. 15 1S% 67 114 8%l 68% 30 22% 96 Maryia 2i)| ,87% 31 117 90 «% 34 78% JiilvlOi 125 3 97%.May 4' 87 2 55 Apr. 7, 45 2 115 June'26. 98 1 a % Feb. 23 118 Feb, May 1'22 127% 1 7 Ajir, Jan. 29 152 20 61^ 17% 49 137 108 2 141 I 68% May 28 78 2% 8 13% Feb. 24 09 % May 28 88% Apr. 13, 48% Mar. 21! 62% Mar, » 353 107% Jau. 2 120 Mar 9 3% May 13 4% Mar, SO, 100 22% July 10 30 Jan. sol 30,171 63% Jan. 2; 83'e June20i 32.'i85 147 Corisohdation Cnal. .......,,..., Hoiiiestaka MliiinfrCo rii«i»« 83% 122% 4 10% 7% 20 83 94 11% 28% 20 71% '23 22% Apr. 191) 10% 1 47% 48% 47% 4«% 47% 47% 113%115% 116 116 1X6 117% 4S% 115 140 62% 52%' 109 109% 119%. OntaHo ^(h cr Feb, 5'sJan. I York Klevat«.l United ('c'h of Xew Jersey.. Vlririnia- Midland Canton Co 4% 14% .30 51 3%' 8% 30 119%Feb. 17135% June 4 119% 138 1'20 Mar. 9 1'29% Apr. 20 136% Jan. 29 143% May 21|jl38 1146% 2%' 6 1 May 2 2% Jan. 17 81 1,100 44', Jan. 19 54 Mar. 9 32 sa 300 18% May 29 26% Mar. 11 '12 2% Mar. 11 4 Mar. « I's 16% 14 24 16 June-23 19 Feb. 20 18 50 15 May 1 23 Feb. 28 96 70 17% May 8 21 Feb. 23 11% 28 125 30 Apr, 30 39% Jau. h; 24% SO 89 79 May 12 87% Jan. 10 70 96% 13 .32% 21 Feb. 28 24 Feb. 27 173 77% Fob, 7 83 June20 65 90 3,070 79% Jau, 2 inl Jnne21, 78 Hi 99 13.073 5% 22% 9% Apr. 8] 13', Feb. 2. Mar,2ll 55% May 2:1 2.S 85,285 41 84% 250 2 Apr. 311! 5 Hi Jan. 7. 4 6% May 71 14 Jan. 12i 9 New Warren 93% Jnne'29l 30 Jan. 17 Jan. 2 Apr. 14 1 % June 2 4', Jan, 27 14 July 3 13 Jan. 17 36% Jan. 29 %Jiino 3 200 535 15% 1! 5| 4 Mar. 25( 9% Fob. 17! 84% Jan. 2 90% July 9, 9% Mav29 14% Jan. 61 son 402 10,100 160 100 13% 13% 15 Iii() AtchlHon TooHka Fort Worth .t Denver City Kfokiik o. Dt s .\f. lines Louisiana iV Misinuri Itlver.. June 19 5 6| 10 200 Mar. 28: 30 81% Juno IHiMay 78,914 10 51 60% 61%| 60% 61% E.YPUIC!S!>. Mar. 3 Mar. 20 June 14 61 Oreirnii Paoitic Mail Jan. 100 190 l)i.-*t.Tel I I 4%Juuell 8 87% Jan. 10 52 J 17% IS 31 •81% 83% 82 SO Manitoba. 400 160 ! Do pi-ef. MISI;EI,I. INKUVIS. Tel. tt " " 1,700 •72%. 71 8% 8% 13% 13% 9 9Hl 15% 18 •2% . pref. 1st pref. St. * H ! I A Terre Haute pref. A a&a FrauclHco fst. New li^ la Feb. 18 13 '» V IK Mar. 2S 41 2(1 la Jan. 31 38 «7»4 310 3 Apr. 7 6'4 1 -J IS 200 7 Apr. 7 12's Feb. 2G «'l. 24 M 6 1* 17 4S Apr. 22i H Jan. IS 115'128 Jan. 2;iS9%Jnno H 118 1140% 6.512 )15%JaM. 2 127'fc July 1(1 1117 I'J7% 15(1.7311 61% Juno 8 7U%Jaii. t'J asu! 94% 1,0111 102 Jan, 28, lOOV, July »:>%119 44.X22 84%Jan. 2' 9'f%A|ir. 13; «I Hi 124 1,17.5 119% Jan. Pvb. 2(1 117 2 l:<4 149% " 1,460 105 Jan. 2|118 Junii25M0"i4 I',i«% II 6%Mar.31 9 Mil I3*« "521 14'4June27 19 35 721 I8H1 Apr.2l' 29 3H% 2,935 66 Juno HI 91 % 100 '_'s 2U0 23 Apr. .30 38 F.i 09% 134 Jan. 31,111 May S 12.11,141 14% Jan. 91 20 Jan. 27 H3 33 149,422 82%Jiin. 22:l(W%Mar. 9 !<«% 133% 0%! 25% 1,440 4%Jiini)25 10 Jan. 1.1 53 Jan. 65 52 Feb. 12 82 "9no 2% Jan. 15 4% Mar. 10: 3 8% 7 31 12.016 1.390 800 17', .% Offileiisb'fl Do Do Adams SMV »7^ . 12 Kfl,. I 88', % 17 71 163i 8% 7% 87% 2% 134% Do American 11 I 8t. Loul," Alton Americ.in 7 2:1 . special. BiohmoniKt A May 9»4 Mar. 1 Hi Hi 13% lb\ 5 9', 184 134>4 Kichnrd.v Wc«i P'nt Terminal Kochestfr .t Pilt-*burK LOQlH 23 I Bensselaer A .SaratoBra Bleb. ><: AlloK..xiiitk trustctfe. 8t. l.'.'on Mar. 21 186 200 20 Jan. II 51 823 119%Jan. 17;i2S May 2S 110 140 84 Jan. l(i| SO .May 29 70 86 8 8 100 9 7% June 5; 14% Feb. 21 20% IHi 1% 6',' 19% l%Jnly 8 17 Feb, 21 »"* 67% 68%' .„ 103,740 50% .May 12, 67 's Feb. 23 59% 104% 400 62 Jan. 2 77', .May -JO H2 78% '3'4"h1'33%I 22%' 51% 22 Jan. 16 3.1% Juue21 26.6(;3 ll%Jan. 6 27 % Fob. 20, 10 35 "93 % "g's'ii 61% 79 1.717 63 Jan. 15 97"! Jnnelfl ll%Jau. 3 18% May 19 10 24 .Mar. 7; 23 40 1,800 '.!7%Jan. 15 44 •1'25 90 Jan. 2 12'3%Jnne 2 85 '105 33% 33% 51%: 94% 2,575 46% May 7 01% Fob. 21 29 Jnue 1 34% Feb, 21) 31 44% •'I's" "14 300 10% Jan. 26 13 Feb. 2b: 7% 18% •28% 29% 36% 300 21% May 29 29% Feb. '211 17 2'.' 1«% ISHi 15,488 14% Jan. 19 14 May li 9%' 23 95% 9.)% 2,755 89% Mar, 21 97% Feb. 10 63Hi;iOO% 8% 8% 10(1 6<4 13 6 Jnno 5 9% Feb. 2 123% 123% 311 114% Jan. 2J121 June 9 115 127% 33 Jan. 7 42% Feb, 'J7 30 58 . •3B *2 o H . ghloCBUiial Plttsburx Kl. VVayue 9313 9S 4°, 4'( '47" "ii 34% 36 's "354 "33% - . OUo soiiMiem 14 ?• *U 1)0 i>i\ 12ii« Vi'i 110', 117 73iiil "13" "13 MlHMouri Paoitio Mobile .1^ Dliio pref. « 73 Maii1i.it Do lO'i'-., 72 03 10 22^4 i-* im^viii't 12Uial'iUia Nashv.i 'ti.inaiiooffa.^ "a lOsSi 10 leanort line \ p. et. Louiiiville 4Si 13H Vill, 73's II 41 A R«rthem iXiii ' I 68 Fob. 44', Jan. :! 3.') Feb. 20 I 40 IndlaitH lilooiutuKI II A Weat'n iJike Krlo Wenlorn l.ake .Hliiiro J: • ••JSiaMar 9.5 July : 4\ Texas Central .t 4>< ISK l'.i7 l.^^l 1^ 9a\ 95 93"i>' pret. lUljioH Coil triil Morrlti 8->< 1^ A Iio Svaniiville Jfc Terre Hauto Grv..u Hay VViuuua Jt :st. Panl. Harteiii UlAHOiiii 2.5 Peb. 4 35»4 Apr. 24 "..'l Dnbiitjiio .t Sioux fity Oa £a.-4t 1 otiiio^Meo Va. 1.0IIK i"» I 1 US lis Pai'Lllu 7011, 109 9'i'^ OA'i l-il IS'* pref. Chlc»j.-i> Koi-K Ixlaiiil 71"»' lOS NortliwoHUjru .t HouHt.ui 9 Mar. 67 1 [>reC.. 'ill ^ Ohicaun Mliwmlkoa.t Qulncy — ChlcuKo Do Chu-Uk'ti 39 I Ohio Ho Do 37 V aOSi Feb. 8H Kiu . , 184 10 4 Hi Jan. 22 145 May 26 196 Jan, 10 18 Jan. 19 118 Feb. 13 46 Feb. 9 20 Jan. 30 14% Apr. 6 8 May 27 7 Feb. 7 25 Feb. 17, Mar, 17 May May 63 142 23% 01% jus I I «0\ 183 at "5" '""s'" 19% 34 12 115 I'rtl 1,S5% il30 193% Mar, 3 13 21 Apr 2> 121 133% Apr, 15 .39% 40 -271 Fib. 18 38 > 8 July 9 11 Mar. 25 7 15 F-b. 2.1 5 10 May -28i 14 t» 1. — 1 — — .. .. — . .1 THE CHRONICLF. 46 [Vol. XLI. JULY OF STATE AND RAILROAD BONUS, OUOTATIONS ^ STATE BONDS. 8K0ITRITIK8. Alabama 104 5 •12'a RR RR AR -12 s 'I'i'a *12'^1 1891 1892 1893 N. Carolina—68, old, J.*J. PnndlnK art. 1900 I •102 •111 il3" SECURITIES. »18 4 Wil.O.&R.a.B. T)o Consol. 48, 1910 68,1919 Ohio— 68, 1886 South Carolina 68, Act Mar. 23, 1889 t non-tanrtable, 1888. ( Brown couhoVu 6a, 1893 Tenoeasee— 68, old, 1892-8 Sa, new, 1892-8-1900 110 113 115 »30 *10 n Tennessee—Con tinned— New bonds, J.&J., '93.8 Special tax, all cla-sses. 67 Ask Bid. N. Carolina— Continned— *78 'voiia.,1914 6s, loan, 6s, loan, 6s, loan. 5 >102 Oeorcl»-6B, 1886 7».1886 7», gold. 1890 8ECUBITIK8. Ask. •tf.T Er-maturftd oonpon 101 Mlssonri— 69, 1886 Ss, dne 1889 or 1890... 110 Aayl'm or Univ.. due*92 115 -120 Fnnding, 1894-95 Hannibal * St. Jo., '86. 101 105 1887 reg., York-69, New •102 «S7 ».i*«« B, »a. 1006 48, 1906 •». lO-aOs. lltOO ArkAuaart— Bs, fanrtert Ft. «. lB». 7«, I. Bock 7«, Meiup.'S L.Rock 7». L. K.i'.B. * N.O. R. RR. 7b, Ml9». O. 7e, ArkauHa8 Cent. RR. Cl»e« C, 4 LooUlana— 78, 91 -Cla»« A, 1906. Bid. BECtTKITIES. Ask. Bid. 10, 18S5. 68, SECURITIES. Ask. Bid. Del. L. & Bid. "8b" lll>a 112>ii: 103 110 106 H 48 47 Ki 47"^ Mex. Cent.— l8t, 2d, 7s, 1891 ^'^''^i.^J ^'• Bonds, 78, 1900 78of 1871,1901...... I — ' I ! . . — — 1 . Long Dock Chic.Buri.<fc (iuiucy— Plain 48, 1921 & P.— 6b, cp.. 1917 1917 Ext. <fe Col., 58. 1934.... Keok. & Vea M.— Ist, 69 Central of N.J.— l9t.'90t.! A St. P.— D & . Chic.<fePao.Uiv.B9,1910 Ist.Chic.A P.W..58,19-.!1 Mln'lPt. Div., 5s, 1910. r..Snp. Div. 68.1921 C* Terminal .5a, 1914 A Northwest.— Sinking Kunrt, 78, 1885. Chic. Consol. boiMla. 7s, 1915Extenslon bonds, 7b, '85 lat, 7b, 1885. Coupon, gold, 7s, 1902.. Reglafd, gold, 7s, 1 902. Sluklngtund, 09,1929.. Blnk. fund, lia,192il,reg. Sinking fund, 58. 1929 Sink. fund, .ia, 1929. reg *105 Bink'grd.deb.,59, 1933. 101 25 years .i.-b. i)S, 1909 ..': 101 11813 9T~i 83 83 A A No., 781.... l8t, Waco 2d, consol., main line, 88 No., 88,1915 2d, Wat-o I I i-j 106i« 106 14' 101 la Escanaba.t L. S.— Ist.Os 108 l>e8M.A.Mln'ap.-lst,78| 125 . Chic* .Mllw'kee-lst,7s' 123 126 Wln.ASt. P.-lst,7s,'87l 104^:106 2d, 7s, 1907 »126 I lIiI.AMad.-lat,09,1905i 115 A 1 104 Is 105 121 122 114 79.1914! .1 Genenil coiiartl., 69,1934, Chic. .St. P. Min. * Oni.— Consol. 6s. 1930 DetM.AT.— l8t,7s,1908 Lake Shore- Div.bonds. 122 127 I2714 126 127 113 112=4 113 Con.9ol., reg., 2d, 7s Long Isl. BR.- l8t, 7s,'98, 120 let, consol. 5s, 1931 107=4 Consol., coup., l8t, 7b. Consul., reg., l8t, 78 ,. Consol., coup., "id, 78.. . . Iowa Midland— 1st, 89. Peninsula- 1st, couv„7fl Ott. C. F. St. P.— l8t,5s C.C.C..S: Iud'9~lat,7, s.f I Consol. 78, 1914 96=4 I Wis.* Min. Uiv.68, 1921 fd, Houston A Texas Cent.— 1st, M. L., 7s, 1891 1 .... 1st, Western Div., 7st.. i lat,S.Minn.Div.,6a,1910 1910 Han.A St.J.— Con.68,1911 118 37^1 Generates, 1921 116 93 Hou9t.K.AW.Tex.-l8t.7s 116 1181a 2d. 6s, 1913 116 Ill.Cen.-8pd.Dlv.— Cp. 68 126 Middle Div.— Keg., 58 .. 106 125 125 C.St.L.AN.O.—Ten.l..7s 120 lst,consol., 78, 1897.. 12312 125 '118 112 ...., 2d, 6s, 1907 98 111 Gold, 5s, 1951 II2I4' Dub.A S.C.— 2d Dlv., 7s. 112 1191a 120 Ced.F. A Minn.— 1st, 7s. 115 1151a 114 1.... Ind.Bl.A W.- Ist, pre!., 78 110 97Hi.... 1st, 5-6s, 1909 97 ;.... 60 2d, 5.6s, 1909 07 Eastern Div., 6s, 1921.. "87" 97 98 Indianap.D.ASpr. — l9t,78 0314 931a 1st, 79, ex fund, coups. Int.A Gt.No.— l8t,6s, gold 109 103 I4I 67 Coupon, 68,1909 68 138 [139»< KenfkvCont.— M.08.1911 I0314' Htainpcd, 4 p. c, 1911 .. 103 14 1031a' Lake WLore A Mich. So.— •• 132 131 Cleve.ATol.— N. bds.,7s 104 104=4 129 114 Cleve. P. A Ash.— 7b 113 Buff.AErie-Newbd9,7s 120 Kal. A W. Pigeon— lat. 108 & Consol. sink, .114 Loulsv.A Nashv.— Consol., 78 Cecllian Br'ch— 7s. 1907 1 N.O.A Moh,-lst,68,1930: 2d, Os, 1930 E.H.AN.- IstjBs, 1919. 12118 100 91 78 94', 8,- 1071a 98 13 *.... 96 Div.— 1st, 6s, 19211 104 2d, .38. 1980 461a Nashv.A Dec.— 1st. 78.. *114 1161a B.AN.Ala.— S.f.,6s, 1910 91 General. 6s. 1030 Pensacola Dlv.— 6a,1920 ! St. L. 1 .'112 C.Mt,P.<tM,-lBl(;B.I918 .122 Ko. Wis. -Ist, (!s, 1930. Louisv. C.& 1..— 0s,1981 BtP..t S.C.-lst,«s,1919 120»» 122 Trust bonds, Bs. 1922. Chlr.A K.lll.-lst,s.(.,cur.! 110", 111 10-40.69.1924 Consol, l9t, 6s. 1934... 97 199 L.Erie AW.— 1st, 69, 1919 Chlc.St.l,.AP.-l8t.con.Bs 79 Sandusky Dlv.— 6b, 1919 Chlct W.tnd.-lst,8.f.,Gs .112 Laf.Hl.A M.— 1st, 6s, 1919 Oen'l niort., 68, 1932 .1 103»> LouiBV.N..41b.AC.— lst,68 Col. A tiriM-n.-l8t,6B,1916 *»7 C^encral niort., 68. 1014 8d, 69, 1926 Lou. N. O. A Tex.-lst, 5l CoLU.Val.AToI.-lst.Ss if 76" Manhat.BchCo.— 7S.1909 I . ""94 "la 82 69 6=4 iieis'.... 110 1899 1 DeLL.AW.— 7s.conv.,'92i Mortirage, 78. 1907 ' 135 8yr.BlMg..tN.Y.-l9t.7s 131 "Yd" „ Pitts.Ft.W.AC.— 2d,78i 133 131 14 3d, 78, 1912 Clev.APitta.— Cons.s.fd 4th, 8. fd., 68, 1892... ...--. St.L.V.AT.H.— lst.g..7s 117 ...... 2d, 7s, 1898 2d, guar., 79, 1898 .... Ill's Pitts. Cleve. A Tol.—lst.6s 105 la Pitts. June— lat, 6s. 1922 Plttsb.McK. A Y.— Ist.Oa BomeW.AOg.— lst,79.'91i 110 1 ...I W.— 1st, 6s.t Debenture, 68, 1897t..., Midland of N, J— 1st, 6sl , "34 87 New Blver— lst,6s,1932 OhioA Miss. —Consol. s. fd 116 Eich.A Danv.— Cons.,g.,68 Debenture Os, 1927 Atl.ACh.— lat, i)r.,78,'97 Incomes, 1900 Scioto Val.— Ist, cons., 7s. St. L. 75 rridar 1 thaw are lat««t qaotationa made thla week. Iron Mi.— 1st, 108 7s lOS ., , : lat, consul., 68,reg.,1933 68. 1922 OS, 1931 So. Car. R'y.— Ist. 6s, 1920 Miu's tJn.-lst. St.P.A Dnl.— 1st, 68,1931 Ist. 7s, 1911 Tol.Del.A Burl.— Main, 6s lat, Dayt. Div., 6s, 1910 1st, Ter. trust, 6s, 1910. Tex.A N. 0.-lst,7s, 1905 Sabine Div.-l8t,89,1912 Va. Mid.— M. Inc., 69,19'27 Wab.St.L.APac- Oen.,6s Hav. Div.— 6s, 1910 Tol.P.AW.— lst,7s,1917 Iowa Div.— 68, 1921 Ind'polis Div.— 69, 1921. Detroit Div.— 68. 1921 .. Cairo Dlv.— 5s, 1931 ... 78, Gt.Wesfn— 1st, "•56 100 60 60 79=8 4713' 25 72 ' 73 55 86 65 loeia 97 86 85 72 107 89 1909 921a 7s, '88 2d, 7s. 1893 Q.ATol.— 1st, 79. 1890 Han.A Naples — 1st, 78 IIl.A Sola.— l8t,ex.,6B 991a] St.L.K.C.AN.— R.e..78 Omaha Div.— 1st, 7s. Clar'daBr.— 6s, 1919 St.Chas.Bge.— Ist.Bs No. Missouri- 1st, 7s.. West. Un.Tel.- 1900, coup 89 la 93 76i» i09'ii 110>« 117 1900, reg N.W. Telesraph— 78, 1904 •99 9714 Mut.Uu.Tel.-S.fd,68,1911 70 i" INCOME BONDS. {Interest pttttahle if e'irned.) Atl.A Inc., 1910.... Pac— Gr.BayW.ASt,P.— •2d.inc. Ind.Bl.&W.— Con., inc,68 Ind'sDecA Spr'p— 2d, Inc. Do 68. 1907 Kans.Pac. — 1st, 6s, '95 1st, 68, 1896 Denv. Dlv.6s,asa..'99 Laf.Bl.AMnn.-.Inc.,7s,'99 '15 Mil. I,. Sh.A W.— Incomes Mob.AO.— lst.prf.,deben. Greg. Short-L.— lat. Os Ut. So.— Gen.,78, 1909 Exten., lat, 78, 1909 16 A Wilkesb.Coal — '88 Lake E.A W.— Inc., 7a,'99 Sand'ky Div.— Inc., 1920 At.C.AP.— lst,6s,1905 At.J.Co.A W.— lat, 68 16 10=4 18 70 12 Leh. 1st, consol., 6s,1919. C. Br.U.P.— F.c..7s.'9o 108 .111 I N.Y. LakeE.A W.— Inc.Os Ohio Cent.— Income, 1920 MIn'l Div.— Iuc.,7s,1921 Ohio So.— 2d Inc.. 6s, 1921 PeorlaD.&Ev.— Inc., 1920 Evansv.Div.— Inc., 1920 Roch.APittsb.— Inc.. 1921 Rome W. A Og.— Inc., A 7s. 4 7 "4 I 2i» 21 W 45 *30i« Bv.— fuc.,6s,1931 '20 St.L.A. A'r.H.— Dlv. bils. *25 SI'S! 1031a' 75 51 22)) So. Car. i 20 20 •9 2d, prof., debentures 3d, pref., debentures 4th, pref., tlebentures... Mo. Pac.— Ist, t IO3I9 W.— 1st, ext.,7s., lst.St, L. Div.. 7s.'89.1 2d. ext.. 7s. 1893 Equipm't bds, 7s. '83. Consol. conv., 7s. 1007 Collateral Trust, 68... 271* FREE LIST. Cin.A Sp.— lst,C.C.AI.,78 Col. Hpr. A Cln.— 78.. Cum. A Penn.— l8t,68,'91 •102 l.st, 2d, Bs, 1888 'lOS Col.C.AIr.Co.— l8t,con.,6s C— 6s, I '64ia Ft. W.ADenv. 1st. Os •66'a Ijeffcrson.— lat, 79, 1KM9.. •95 IOOI4 Phil. A It.— Iieb., 7a. 1893 ilOO Warren Bit.— 2d. 7a. 1900,'119 I I otr. ---- *108 Shenand'hV.— lst,7s,1909 Cenli-alof N.J.-10()8 .... E.T.V.AGa..-Inc.,6s.lfl31 Coupoju i'o'e'ii 105 Ark A T.-lst, 7s. 721* 70 Gen. r'v Al.gr., 5s, 1031 St.L.AltonAT. H.— lst,7s '115 109 2d, pref 78, 1894 2d, income, 78, 1894 .... ...... 100 Bellev.A So. III.— lat. 88 *113 St.P.Minn.A Man lst,7s *llli< 114, 2d, 69, 1909 Dakota Ext.-68, 1910..: llSia 114 1st, consol., 68, 1933. ...j 109iai 110 '104 Tol.A lis.. 1,.-. 1 8t.o.,7B Ist, reg., 7s, 1900... 10813 I Wabash— Mort. 7s, '87-89 '93.. 2d, 78, 1913 40 116 --_-llr'=4 78. Sinking fund. 89, Bee., 89, 1893 Pa.Co.'8 guar.4 "as.lst.cp Pa. Co.'s 4 i-js. Keg., 192 ."'^ 69 1» '111 *8b [ Chic. Div.— 5s, IftlO West. Pac— Bonds, 68.No. K'way (Cal.)— Ist, 68 80. Pac. of Cal.— lat. 6s. So. Pac. of Ariz.— 1st. Hs 80.Pac.ofN.Mex.-l9t.6s 68. Class B, 1906 1st. 6s, Pierce C. O.. Epulpment, 79, 1895.. Gen'l molt., 69, 1931.. 80. Pac.of Mo.— 1st, 6s Tex.APac.— 1st, 6s,10O5 lOO*! Cairo 119 PeoriaA Pek. U'n— Ist.Os. Pac.BB.— Cen. Pac.— G.6s San Joaquin Br. — 68 .. Cal. A Oregon— 1st, 6s Cal. A Or.— Ser. B., Os. Land grant liondM, 6s. cons., Os. 3d, 7s, 1906 Pac. of Mo.— Ist, Os... 2d, 7s. 1891 St.L.A S F.— 2d,68, CI. A 68, Class C, 19(16 53 1 Arkansas Br'ch— 1st, Cairo A Pulton- 1st, 78. 105=j Pltt«.C, ASt, 115 1011a 102 i'l's A 2d, 7s, 1897 E vans. Div.— l8t,69,l 920 Land grants. 89=4 61 Bich.AAlleg.-.l8t.78,1920 Trust Co. receipts Ohio So.— 1st, 68, 1921 ... Oreg'nA Cal.— Ist,6s.l921 Or.ATransc'I- 68,'82I922 Oregon Imp. Co. — 1st, 6s. Oreg'n BR.ANav.— lst,6s Debentures, 79, 1887 ... Union Paeiflc— 1st. 76 Consol., lat, Bs,1922t... Consolidated, 7s, 1898.. 2d consolidated, 7s, 1911 lat, Springlield Div., 78 Ist, general, 5s, 1932... Ohio Central— lst.8s.l920 1st. Term'l Tr., 68, 1920, 1st, Min'l Div., 68, 1921 Panama— S.f., sub.69,1910 Peoria Dec. A Ev.— 1st, Os 75=4 Con., lat, ext., 5s, 1922.1 Boch.APitt.— lst,6s,1921 107 General. 6s, 1921 "361a Sodua B.A So.-lst,5a, old Tei.C-en.— 1 st, 8.f.,7s,1909 , N.Y. Susq.A Gen. mort. A Ter. Pennsylvania RR. 90 '-e .>;.V.,(iM.Hh-l9t.79.'97 Sletroji'lifn El.— l8t,1908 2d. 68, 1899 SECUBITIE8. A . No pnoM 5s, SO 60 Penn.RR.—Continued Pitts. Ft.W.A C— l9t.7s 'ISO Consol., 68, 1905 t .. Income Id. gr.,reg Bio G., 6s, Aug. cp. on Do exAug. cp. I • Funding 2d, 78 7bia' 'Ill N.Y.N.H.AH.-l8t.,rg.,48* N.Pa«.—G.l.gl„lst. cp.,68 101 la 102 Begistered, (!s, 1921 ... N.0.Tac.—lst,6s,K., 19201 Norf.AW.— Gen., 69. 1931 2d, 6s, 1923 125i» 12714 129 iBt, LaC. Ulv., 78, 1893 Ist, I. AM., 78, 1897.. lat, I. D., 7a, 1899... l8t,C. M.. 78. 1903.. Consol. 78. 1905 1st, 7s, I.& D. Ext.,1908 Ist, 8. W. Dlv., 6s, 1909. Isl, 59, LaC.&Dav.,]919 .t 1)., 78, Begistered, 59, 1931. Or'nBayW.ASt.P.— lst,68i "65 Gulf Col A S.Fe-7s, 1909 103=4 105 133 2d, 7 3.10s, P. D., 1898 . 1st, 7b, $ g., R. v., 1002. N.Y.W.Sh.AButr.- Cp.,68 961 Gal. Har.AS.Ant.— lst,68, 104^1 105 100 2d, 7s, 1905 '9013 West. Div.— 1st, 68 ---2d, 6s, 1931 131 130 130 >a 108 108 Hi 112 101 12 Xst.cons.assent. 79,18991 100 9914100 Couv.,a9sont4'd, 79, 1902 AdJustiiieut, 7s, 1903... 108 57 62 Conv. debent. 68, 19118.. 9713 Leh.itW.B.— Con.g'd.as. 95 Am.D'k&Inip.-58, 1921 80 82 >a . 6b, reg., H. 80 47 Registered 1-106 1905 2d, 6s, 1923 Collat'l trust, 68, 1922. Butr.AS.W.- M.,68,1908 Ev. A T. H.— 1st, cons., 6s 109 94 la Mt.Vern'n-l8t,6s,1923 Fl'tAP.Marq.— M.0s,1920 ll<>ia •97 > Denver iliv.—48. 1922.. Ist. 1st, 6s, N.Y.C.A8t.L.-l8t,6s,19211 Bnfl'..V.Y.*E.-l8t,1916 6b, ainkingfund, 1901.. 68, debentures, 1913.... 103 llOSis la. Div.-8 fd., 6s. 1919;'10«ia Binkingfund. 4s, 1919 . 120 b'uds. 7s. '93 12 N.Y.L.E.AW.-New2de8 52 la Consol. 79, 1903 1st, 88, P. 54 V 551* 40 40 District of Columbia— 3-653, 1924 Ask Bid. 1911. Ist M., 78. ex-cp..6,7,A 8 •34 Mich.Cent.— Cons. 7s, 1902 124 78, 35 ,141 1251a Consol., 5s, 1902 ;-„.-•— 6s, 1909 124 {Stock Exchanoe Prices.) 100 -2oia Coupon, 5s, 1931 1st, consol., guar., 7s.. 124-a 100 Registered, 5s. 1931 .... N.V. Lack.* W.-lst,6s 122ia .-.--. Ateb.T.AS.Fe-4 ijs, 1920 6s,'91 .---.|100=4 Jack.Lan.A Sag.— 1923 58, Construction, Sinking Fund, 68, 1911. 92 Milw.A No.— l8t, 6s, 1910 85 Del.A ilud. Canal-lst, 78 HI AU. at I-Sc.-l«l, 8.S, 1910. 69 Hi 71 Ist, 6s, 1884-1913 Ist, est., 7s, 1891 Balt.&O.-lst, 68,Pik.Br. "IIO 104 i"d4"ii l8t,(is,1921 14 117 Mil.L.S.AW.— 1894 10 Coupon, 7s, Bor.C. Rap.JtNo.— lBt.5a, Mich. Div.— Isf, 6a, 1924 97 Kegiatered, 7s, 1894 .... Consol.,lst, 58, 1934.-. Minn.A St.L.— l9t.78,1927 i23"' 1st, Pa. Div.,cp.,78,1917 136 Miun..tSt.L.— l8t,7s,gn.| 136 lowft Ext.— Ist, 7s, 1909 1917. Div., reg., l8t,78 1st, Pa. la. City & West 100 Is 113 2d, 78, 1891 108 Alb. & Susn.-lst, 78... 109 C. Ran. I. F.& N.— Ist, 6s 112 102=4 U13I4 S'thw.Ext.—l8t, 78,1910 *lllia 96 2d, 7s, 1885 " 1st, 58, 1921 105 1921. ;130 Ext.— lat, 69, Pac. 8,1906 coii9.,gaar .7 63 1 St, Bntt.N. V. * P.—Cons., Mo.K.A T.— Uen'l,6s,1920 75 Is "'7"5'v Ist, cons., gu., 6s, 190G II5I4 General, 68, 1924 62 Is 62-ia General, 5s, 1920 Bens. & Sar.— Ist, cp.,7s 140 Can. So.— Ist, int. guar. Ss 971, 973< lllia Ill's 140 Cons., 79, 1904.5.6 67 "a 70 l8t, reg., 78, 1921 2d, 5s, 1913 65 70 C.'on9., 2d, income, 1911 Denv.ft Rio Gr.— 1st, 1900 1041a 105 Reg., 58, 1913 561a 5Bi< H. A Cent. Mo.-l9t, '90 106 96 "a 1st, consol., 7b, 1910 Central Iowa— 1st, 78,'99 14' 107 50 75 Ohio— New 68.. Mobile A lst,7s. Den.So.Pk.&Pac— 1912 East. niv.-l8t, 6», Collater'l trust, 6s. 1892 Den.A KioG. West.— lst,6s 42=4 43 111. Dlv.— l8t, 6», 1912.. 64 1st, Extension, 69, 1927 Det.Mack.&Marq.— l8t,69 Chesapeake it OhioLa.A T.— Ist, 68 96 '110 Morgan's S. A... 1898.. grant, fund. Land 3Sss, Pur, money 107 1st, 78, 1918 102% E.T.Va.&O.— l8t,78, 1900 116 i-j 68, gold, series A, 1908 48 14 48=8' Nash.Chat.A St.L.— lst,7s 119 6034! 62 Ist, cons.. 6s, 1930 68, gold, series B, 1903 t 40 42 20»4' 1901 21>g 2d, 6s, 12 9 to 1918 Ex coupons curiencv. 68, 93 N. Y Central— 68, 1.887... ioi'ii 86 Divisional 58, 1930 Mortgage (58,1911 106 '8 Deb. certs., ext'd 5s 70 Clies.O.iSS.W.- M. 5-6».. EUz.C.A N.— S.f.deb.,c.,6s 60 N.Y.C.& H.— 1st, cp., 7s 13419 l.t5'-_ Ist, 68, 1920 Chicago & Alton— 134 1351a 86 j*116 Ist, reg., 1903 EUz.Lex.A Big Sandy— 6s 86 Ist mort.,7s. 1893 104=4 105 Deb., 5s. 1904 Erie— 1st, extended, 7s-.. 124 124=4 Blnking fund, 68, 1903.1 137 140 109 7s, coup "119 1919 .. Harlem— 1st, 78., Kiv.— Ist, extended, 5s, <» Mo. 2d, ta. 105 137 1391a l8t, 7s, reg., 1900 119 2d, 79, 1900 3d, extended, 4ias, 1923 119=4 N.y.EIeVd— 1st, 78, 1906 121 <3 1221a 4th, extended, 5s, 1920. 109 Bt. I.. Jack.* Chic. —1st 119 1071a N.Y.P.AO.— I'r. I'n, 68,'95 Ist.guar. (564), 7s,'94 5th, 7s, 1888 llola N.Y.C.AN.— Gen.,63,1910 2d, (SOO), 7a, 1898 1st, cons., gold, 78, 1920 381a 'Trust Co. receipts 2d, guar. (188), 7s. '98 1st, cons.. Id. coup., 7s Miss.H.Br'ge— lst,s.f.6s N.Y. A N. Engl'd— Ist, 7s Reorg., Ist lien, 6s, 1908 Chic. Mil. 471,1 48: 1914 68, con8oi.,2d series 6s, deferred SECURITIES. Ask. W.-Contdn'd Mom8*B88ex-l8t,78. 139 Railroad Bonds. 1 aeries. RAILROAD BONDS. BECUBITIES. C.R. new C'mp'mi9B,3-4.5-68,1912 Virginia— 68, old 68, new, 1866 68, consol. bonds 68, ex-inatured coupon. Wabash funded int. bds.— Tol.A III. Div.— 7s L. Erie Wab.AStL.— 78.1 67 . JuLT 11, New York laaamac* M»ek CPrloM br S. B. Par. BM. not N>ti<>ii*L I AU. 1186 UHS Amertoan Ainer. KxchaDK* -iu5 Btjwerjr ISO lUtfS Bniaalway A DniT'a' as 140 100 100 lUO I 4h*M i •ChAtham Ctwmloal CltlMM' IS3 •it 100 'iSOO 110 12> UK) ISO City 100 148 100 100 107 100 ISS 2i no i.u2S XlevuulU Wanl* 100 Fifth 100 S50 Imh Arena** 100 uoo rint 100 111 JToartb SO Takon SO 100 OalUttn 100 IVS Oartlelil 78 101 0«niiAn Ameiic-an*. «enu*n Exohaiiga* 100 100 ISO ^ernianla* •iS Or««nwtch* 100 ISH Haaorer 100 Imp. A Tradara' 50 128 IrviiD? ijcather Manufrs'.. 100 ISO SO U-2 148 ManhattaD* 100 MarluD 100 140 Market 3S 1S3 ICechanlcs' 2S 110 tf echanloa'A TnwU' 100 lis Mercantile 60 I'iS KCerpnauttf* SO 50 Merchaiite* Ezch... 100 Bfetnipolia* 100 7Hi Metn>polUan 100 Mnrray HUlSO NaA»au* 100 leos New York Hew York County 100 ItO «. Y. Nat. Kxeh.... 100 100 100 110 111 Ninth 70 '.00 Korth America* so lis North River* 2S 144 Oriental' SO 145 llSS Paciac 100 14-i 1146 Park People's* 2S 20 U9 Phenli 50 ProiUice* 100 110 RepaUllc 100 114 euNlcholas" Seventh Warrt 100 97 >a 100 lilO Second 100 Shoe& Leather State of New York' 100 101 100 Ihlnl Tradesmen's *o Union so 145 tJnltert states 100 100 M'all Street so 100 Wast Side' I I \ - rm I I , 1 ! I I ' I I I I ' , . ' , I i I I 50 Brooklyn ?? Citizens' 30 70 City Clinton Continental Kaulo RmplreClty Bxcnaniie Farramit Firemen's Firemen's Tniat. . . Franklin it Kmp.. . . Hainiltun Hanover SO 100 50 100 30 20 40 60 100 25 SO SO SO SO SO Howard Irving JetTerHOU KinKK C'uty (Bkn.). Knickerbocker Umg Isl'd (B'klvn) Alauiifac. dt Build.. i Traders' .. Mechanics' (Bklyn) Mercantile Merchants' Montank (Bklyn.).. NasHan (Bklyn.) ... National N. V. Equltoble N. Y. Fire 170 IBS 100 so 25 25 100 20 People's 60 Pheulx SO Rutger's 26 Standard SO 100 Star Sterling 100 Stuyve^ant 25 United States 2S Westchester 10 WtlUamsbnrg City. 60 , ; North Blver PaclHo Park Peter Cooper 170 ISO 1'20 115 117 IM 30 80 330 240 80 100 liW 2'iO 230 70 S |10S I 73 20 40 200 12:< ,110 i SO 715 lOS 17S as 100 i-.;o 120 so 20 115 110 210 70 108 1 SO 5711 40 112:) 200 90 I '100 100 ' 106 105 40 5 55 100 95 140 i 125 il'JS |185 I ^ 60 ,127 I 60 85 63 lOS 100 140 87 ISO 37 "a 8(1 140 33 ... Nlaicara ISS 103 I no IbO lis rj5 16 lloiue Mech. I 100 50 100 40 100 30 50 17 10 100 100 60 SO 35 100 Commercial German. American Qermaula Globe Oreenwich Ouantlan ISO 100 35 ... tiO 70 130 i07 163 100 140 100 127 113 Vi 100 125 120 136 113 175 108 150 110 135 120 100 65 55 116 130 12( 215 228 40 50 j ' 1 I I Una and City Rnilrond Stocks and Bonds. [Qas QnoUtions by GEO. H. Pbi!Xtis8 A Co., Brokers, 49 Wall Street.] OA8 COMPANIEa. 23 20 .. CItisens' Gas-L.(Bklyii) BontU 1,000 ConrwUilateii Gas Jersey City A Holwken. Metropolitan— Bonds 100 20 1,000 ... Mutual (N. y.) Bondn Basaau (Bklyn.) 100 1000 25 Var's 10 1,000 Var's Scrip FeoiNe's (Bklyn.) Bomla Bonds Wllllamsbnrg Bonds 60 1,000 Metro|H>lltan (Bklyn.).. 100 Mnnlcipal^BfndH 1,000 Vulton Municipal 100 Boi.ud 3,000, 1.200. 250. 35,430, 756, 700 3,500, 1.50O, 1.000, 700. 1,000. 400. 130, 1,000, 1,000, 1,000, 750. 97 110 lUO 3,000 300 Bqatuble 100 Bonils 1.000 \% 2,000 1,000 112 IQuotatlong by H. L, Qraitt, Broker, 149 Broadway.] Bl'ckerSt.dt Fult.F.—Slk 100 1st mort Br-dway .* 7th Av.—Sfk. 1st mort 2.1 mort Brooklyn City—Stock 1st mort Bklyn. Crosstowu—Stock 1,000 900,000 700,000 100 2,1(KI,0(K) , 1st luort. bniiiU Bashw'kAv. llklni— St'k Central Crossluwn— Stk. ( J. A J.* Q J. J. J. >4 7 Jnlyl,'83' 2i\,{ 35 H, iJuly.1900 11'2 113<i Ju^v 1, '83 Juue.lOOt 1,000 1,500,000,J. AD. 1,000 500,0011 J. & J. 10 2,000,000: CI.-F. 1,000 800,000 J. A I. 100 200,0<M) A. AG. 1,000 400.0(M) J. J. 100 500.0IKI (J.— F. Scrip 100 100 (ir'cd St.F'r>-—Stk 1st mort 1,000 Boast. W.st.A P. F'y-8tk 100 1st mort soo 100 Bseond At.—Stock 1st mort 1,000 Cousol 1,000 100 Sixth Av.— .'Stock 1,000 1st iiiuri Thlr.1 Av.— Stock 100 1,000 ItOlltIrt Twentyttaird St.—-Stouk. 1st niort * Tbls eolnmo snows last 100 1. 000 1,000,000 F A A. Q.— F. 23».(MM) A. AO. 250.000 y.-F l,!<B'i,0(IO J. 400.1X10 A A I, 'S.) July I, 'Hi Niiv..l92'J 2 July 7 Dec, 1, 7 June, 4 Feb., 1914 2>aljaly « 250 April. '93 May 1, '83 117 M.AN. ' i.N'ov., lulv, 2.=iO.(MH)'M.AN atocfu, ISO '94 113>9 Ju y 1,'85 1910 S. dividend on 108 May 1,'« July, J. J. J. 116>t 103 265 Feb., 1914 I A J. 2,U1HI,000, Q.— F. •i,00O,tH«) J. A J. 600,000 F. A A, .'>ltO.IHII| 110 '9,1 I,'*.-. M.A l.ylMl.oitil 'MS \Wi IHi May I, -83 7 jUci., 18!IX a^i'Msy 1, 'HS .M.AN. i.nr)().(Vi)o 112 176 112 167 162 118 112 123 la« 116 April 1,S5 Mbt '109 :iii Jan., 188f* 748.tMM)i 500.000' J. ; May 1, '85 Jan.. 1(102 A 100 600,000 Q.— J. mort 250,0<XI M.4N. 1,000 Oent.Pk.N.A B.Rlv.-.Stk 100 1.800.000 Q.-J. Oonrtol. mort. bonds 1,000 l.'iO0,0(M) J. A n. Obriat'ph'rAlOtta St^Stk 650.I)(M) Q.— F. 100 Bondu 1,000 250.000 A. A O. OryUk.E.B.A Bafy—stk 100 1,200.0<M) Q.— F. SOOAc. OOO.IHM) J. A D. 1st mort., cousol Scrip 100 1,200,01M) F.A A. 100 1.000,()0(l| Q.-J. Btebth At.—Stock •250 lOTi.i'-.OO'a 07 lt>14 1st tSd A 195 Toi>eka-lst,7l May, May, Jiiu., .Feb., i.^«y. 198 110 110 '88 '84 ;f00 ".») •»!> "91' 115 300 113 '85 'V.* r.' 114 bat date of maturity of bonds. I'ja Bitir. A Maine— 7s A Anitiov- 8s, o.,'89 Mort., 6a, IgiW. cam. A Cam. 10«>*107>a 100 >s 110 Atl.-lai,7*,«.,'fl3 2d, 6s. 1904 :..... 6s Cons.. « A ProTldo»c»—7s A Mo.— Ld. gr., 7s BoatAu Bnrl. <leil.,6a ' >'i BM. "nl'd)— ' A Albany—7s ... 6s Boston A Lowell— 7s .... Bosun I Brooklyn Gas. Light A Bostoa Par. OURmBR. Alk. Bid. HOMTAN. lAnd grant, 7a 100 leS BnU'Iien' Centrsl St.] Atch. OOKPANIBS. Amer. Kzoh»ac«... 100 •a aso SnMMlwKy m«rloft* sncbKiTiBa. lAmt, BaUar, 7 Pine PRIOX. I 47 QnoUtions In Boston, Pklln4alpliU nnd Baltimore. Loeal Secnrltles. Bank StMk Umt. COMPAWlEa. u« .. THK CHRONICLE. isav] Mukeil that () — , Nebraska, 6«. Kxempt 118 Nebraska, es.Nan.ex'pt 107V 92 Nebraska. 4s Oonn. A I'assumpsic— 7s. Connotton Vallev -Bs Baat'rn, Ma(*s.'6A, new.. 122 119 Fort Scott A (luK— 7s K. City I.awr A Ho,-8s.. K. CItyHt. Jo. AC. B.— 7s iio Little R. A Ft. H.-7S, 1st 107 K. City Mp'd A Mem.— es 110 «4Hi Mexican Central— 7s p. o Cam. A JInrl. Oo.-«a.'97. Catawtsna— 1 St, 7s. con. e. Chat. M., 10«, 1888 New 108N ,93 7s, reg. A coap Connert'g Ba, op., ltHl04>4 Cor.<N>wanA .4iU.,deb.6a, Delaware On, rg.Acp.,V. I 122 >« Del. A Hound Br — lBt,7s 120 Kast I'enn.— 1st, 7s, 188H 110 KastonAAuib'T— 5s, 1920 Kl AWmsp-t^Ist,6a, 1910 108 6s, perpetual I'.OW H aiTlsb'g— 1 St, e«, 1 883 34", H AB.T.— lat,7s,(.,1890 47 Incunie Cons. 5t, ISdS 63l«| 64 ScHp IthacaAAth.-lst,gld.,7s 62 .}. lebcntore, 10s I.eh.V.-lBt.6s,C.AR.,'9M 107 107 England— «s.. "i "a' N. N. Y. A 2d, 7s. reg., 1910 II6K4 117 7s Cons. 6s, C.A R., 1933.. 2d mort N. O. Pac.-lst. 6s, 1920. 13U I'JOat 7s 80. Pac— N. Mexico A No. Pcnn.- 2d. 7s, cp. "98. Ogilennb.A L.Cb.— Oon.6s Gen.. 7s, 1908 135 lie 182% i 110>i iois . , y 1 I Income Debenture ii: 83 4124 137 13S 51<a 36 8e, reg. Old (;olony— 6s Pueblo A Ark. Val.—7».. Norfolk A West.—Oen.,8« N. R. DIT., 1st, 6s. 1933 Rutland—6a, SODora— 7s N. Y. Phll.A Nor.— lit, 6a 101 46 Inc., 6s, 19:13 1st J96>« STOCKS. Atehlnnn Atlantic •6V — Cainlirid.e Cheshire, preterrert Chic. A w'est Michigan.. Cinn. Sandusky A Cleve. Concord Connecticut River Oonn. A Passurapslo Connotton Valley Det. Lansing A No., pref. Kastctrn, Mass FItchbarg Flint A Pere Marquette. Pref errod Fort Scott A Gulf Preferred A Slonx City. Fallx Kan. C. CUu. A Hprii«('d Mem. Kan. C. Sprlngf. Ft. Smith. Little Rock Iowa A Oil City 66^1 66 >a A Topeka A Pao.Hlc Boston A Albany Boston A Lowell. BoAton A M>\lne Boston A Providence Bolton Kevere B. A Lynn A 177 lOll 6s, conp.. 6s, reg., 1919 N. Y. C.-7S, 1896. 7,1906 Perkloraen— 1 st, 6s,cp.'87 Phil AKrie— l«t.7s,cp.'88 Cons lis Pa A 170 Phlla. 103 60 St, «s.. Cons., 6s, reg., 1905 Cons., 6s, coop., 1905... 76 139 . 100 1139% il«8 133 >« 108 133% Cons., 6s, 19*20 Cons.,5s, 19'20 80 PhU. Sic Newt. A N.Y.— Isi A R.— lBt,68, 1910 2d, 7s, coup., 1893 Cons., 7s, reg., i911 .... Cons., 7s, couPm 1911 .. Cons., 68,g.. 1.R.C.1911 Imp., 68, g., coup.. 1897 Gen., 6«, g., coup., 1908 Gen., 7s, coup., 1908... Income, 7fl, coup., 1896 Cons. 5a, 1st ser..c,1922 Cons. 5s, '2d 8er..c.,1933 Conv. Adj. Scrip, '85-88 Debenture coup., 18931 Scrip, 1882 0)UV.,7s. R. C.,1893..« *»'•> llSHi ?11V 60 60 81 Creek— lat, I Oen.,6a,cp., 1910 179 17»>« •70 iilhi A Chic— 6S1 PennsylT.—Gen., 6s, reg. 117»4 118 {60e. isa 88 64 -28 Louisiana A Mo. River.. }"'." SO Preferred 105 >a 1054| Maine Central Conv. 7s, cp. off, Jan. ,'85 17 18 Marq. Hougbi'n A Onton. Phil.Wll.A Balt.-^s.tr.et 60 (30 Preferred Pitts. Cln. A.St. L.— 78 •88 Metri'polilau Pitts. Titus. A B.— 7s,op. 61^1 Mexican Central 6N ShamokluV. A Potts.— 7a U20S. Nashua A Lowell Shon. Val.— Ist. 7s, 1909 1»"» N. Y. A New F.ugland ... Gen'16.1, 1921 Northern of N. Hampsh. 9121 Income, 6s, 1923 Norwich A Worcester... il60 Income, 5s, 1914 160 Old Colony Sunbury A Krie— Ist. 78. Ogdensb. A L. Chaniplain Sunk. ita/.. A W.— 1st, 6s 103% 103% Portland Saco A I'ortsm. 94'.| •2rt, 68, 1938 18 RntUind— Preferred Syr.Gen.A Com.— let, 78. 12 Kk Sainnilt Branch. Tex. A Pac— l8t,6s,1906 81 Worcester A Nashua Consol., 68, 1905 70% 12 Wisconsin Central Union A Titusv.— 1st, 7s. 39 Preferred United N. J.—Cons.68,'94 Cons. 6s, gold, 1901 PHILADELPHIA. Cons. 6s, gold, 1908 Gen., 4s, void, I9'23 RAILROAD STOCKS.! WarrenAF.-lst. 7s, '96 103 Allegheny Valley Westchester -Cons. 7s.. |102i>4 103% Ashtabula A Pittsburg.. W. J ersey— I st, 68, op.,'96 Preferred il25 Ist, 7s, 1899 Bell's Gap Cons. 6s, 1909 Buffalo S.Y. A PhU 2 W.Jer8eyAAtl.— lst.68,C.I 107 "s Preferred Western Penn.—6s, coup. 107 Camden A Atlantic 10611 6a, P. B., 1896 Preferred Gen., 7s, coup., 1901 Catawis.fa CANAL BONDS. 1st preferred 62^ Ches. A Del.— lat, 68,1886 78 2d preferred Vi-i Lehigh Nav.— «8,reg.,'84. I08 Delaware A Bound Brook Mort. RR., reg., 1897 .. 119% Bast Pennxylvaula Cons., 78, reg., 1911 ElmiraA Wllliamsport.. 41 IPennsylv.— 68, CO., 1910.. Preferred 107 Schuylk. Nav.-l8t,68,rg. Huntiiigd'n A Broad Top 7} Prefened 2d, 6s, reg., 1907 J37V Lehigh Valley Preferred 67 •« RAILB'D STOCKS. Par Little Schuylkill 73 59 73% Atlanta A Charlotte Mlnehlll A Nch. Haven. 100 170 178 52 Vi Baltimore A Ohio Nesuueliotiiug Valley.. '.39 131 Norfolk A Wost'n— Com. Ist pref 120 126 Preferre<i 2d pref 50 S 60 Parkersburg Br Northern Central 50 49 «3V 66 Central Ohio—Com North Pennsylvania 4t»a, 48', Pref Pennsylvania ISK.! If-t' Western Maryland 60 12% 13% Philadelphia A Erie RAILROAD BONDS. Phlla. Ger. A Norristown 109 illO 112 Atlanta A Charl.— 1st Phlla. Newtown A N.Y.. T» 7"b Inc Phlla. A Reading Balt.AOhlo— 6s„'85A.AO 101 »i Phlla. WUm. A Bait Cen. Ohio.—68, l8t,M.AS. 108 Pltteb.Cln.A St. L.-Com. 110% Charl. Col. A Aug.— 1st.. 108 United N. J. Companies.. 4196 97V!i 101 Westchester— Cons. pref. iid West Jerxcy Cin. Wash. A Bait.— IsU. 100>« 101 63% S5 3ds West JerMt'v A Atlantic. 29% 39% CANAL STOCKS. 8ds Lehigh Navigation ColumblaA Greenv.- lata 101\ 103 41--S 89 Peunsylvftiila 2ds Schuylkill Nav., pref... . No. Central120 133 RAILKd.VD BONDS. 68.1900. A. 6s.gflld.l900, J.AJ.... IISH 118% Allegh. Val.-7 SlOs, '96 118>a 119 1'20 108 107 7s, E. ext.. 1910 Ss, Series A lOS Inc. 78. end., coup., '94 "is 5s. Scries B Ashtab. A Plttt>b.— lst,6s Plttab.ACou'ells.-7bJ*J 1'23 1st. 6s, reg., 1908 Union KR.— l8t,gua.JAJ 115 118 Belvld'e Del.-lst,6s,1902 Canton endorsed 104 101 Virginia A Teun.— 6s 3d, 68. 1885 180 8s 8d,6s, 1887 116 W.Md.-«8. l8t.g.,J.4J. Bell's Gap- 1st. 7s. 1893 3d,piv-f., J. A J .... 103 1st, Hs, 1905 103 Consol., 6s, 1913 2d, guar, by W.Co.,J.AJ Buir. N.v A Phil.— iat,e« 68, 3d. guar.. J.AJ.... 113%11S% Wllm.C A Alg.—6s 8d, 78. 1908 W1I. * Wi»|.inn— Until. 7« Con'<. «». IW'-'I — I i ( 1 BALTimURE. .'. I AO , . • Ex.dlviaeud. I Per share. tladalaolV Last pnoe tttU TMk. 1 . 1 THE GHRONT€LE. 48 Wew Vork KAIUIUAU KABNINWS =-^ Trrrriniii: 1 to The latest railroad earnings and the totals from Jan. The statement includes the gross latest date are Riven below. obtained. eaminns of all railroads from which returns can be Latest Earning! Reported. Sottit. WeekorJUo 1884. 1885. Jan. 1 to Latest week ending July M»y May. la t. & P.toumo May . . Bow. II T. & W.l4iliwkJ'ne Bur.Cwl. K.& No. 4tU wk J'ne ! 88,543 68,224 1,184,080 1,343.362 1UH,098 108,289 12,s02 11,231 56.228 70,773 7,968 9,872 218.00O 157,000 22,193 20,733 CkI. .Soiulieiii.- .May eanadinii Pacillc ithwkj'ne Central luwa. .. 4tii wkJ'ne 1,735,000 2,030,0 ?9 Ceuiral I'acirtc.. April.. Chcsaii. , Ohtoago ... ... Aittm 4iUwkl'ne tSi Ohio. Burl. Gliiv. 217.112 49,929 112,7X8 Ohio May... ii. EU2.Ux.&B.8 May Chcs. O. &8. W. .Mav 141,.533 & a May 2,081,904 4iliwliJ'ne 25,526 istwkJuiy 423.00( 283 217 5h8,2H4 3.630,481 10,38o,4?3 2,()98',014 681.991 6,355.119 1,453,913 264,905 516,698 3.86."., 857 9,33-,S39 698,373 129,.57y 16fi,7C0 125,.504 173,36>- 29,400 39,181 40,851 21.B05 66,941 16,659 31,908 19,131 105,913 56,051 305,635 29,653 109.252 57,000 29,121 89,177 24,100 15,982 171,990 88,100 6,744 33.71" 15,400 276.335 16,93b <Si &R.O.W DesMo. &Ft. JlIOM -d 1). wk J'nK Det.Laus'g&No. 4tU wkj'ue Dub.ASiiiuxi Ity 4iliwkJ'iie E.Tenn.Va.diGH. May & H wVJ'ne Flint & P. Marn. IthwkJ'ne Flor. K'way & N. 4 th wkJ'ue V. 4lli , 50.ti31 _ 19,7K3 25,191 Florida South'!!. March Ft. Worth & Uen. June Gal.Hxr.A S.Au.'April Grand Tniuk . . w k J 'ue 2 57,'23 . Gull fol. & S. Fe IU.Ceut,(Ill.&S<i) I llnd. Bloom. AW. 2d wkJ'ne K.C.Ft.S. cSGulf 3d Kan. O. Sp. & M. bd Kentucky Cent'l wk J'ue J'ue wk May W.. 31 wk J'ne E.Kk.&Ft sunlh May l,.Rk.M.Kiv.&T. May ilstwkJuly Long Island 'Aiiril L's Wcoiern Loulsv.i Sai-Uv. 4thwk J'ue I>aki' 3,317.963 5G5.431 6.147,763 1,3 16.893 Juue 4thwkJ'nB 235,37ti Danbury & Nor May Ei<> Gr. 4tUwkJ"ne Denv. Do 1,413,918 (Iowa) 4Ih WkJ'ne 620,300 147,400 35,149 52.068 187,216 26,320 13,b;0 Clev.C()l.C.&Iud May Coniiotton Val.. Marih.... Evansv. 451,599 6,008.486 551,585 2(9,722 447,595 6,392,786 473,896 197,309 1,278.743 Eiie ii. Mar.Hougb.dtO.i^-'d wkj'ue M«MJ. &Cliiir)e» March. Mexican Ct'iitval iciwkluly JMex.N..allline8 May Mll-wiiukca A N.i(4th WkJ'ne Mav 22,639 68.753 18,489 127,43 1,275,352 199,704 6,8U6.25t ,^0,500 125.119 49.900 232.439 571,94!" 221,769 451,20r 273.70S 163.126 N.Y.Susq.&WCBl May West Juiie 170 459 .. Northcra Ccni'l May 454 91 Norl hern Facilli June 1,011.6.3 Ohio Central... June 42,264 IstwkJ'ue Ohio iSc MIhs 75,Oo7 Ohio Southern. May 31.845 Oregon Iiuii. Co May 239.316 Oicgoi] Short L Ai.ill 146,793 86,7.-*l 183.869 477,848 STorfiilk c« 676,69.^ 21,29li 148,14(1 28,4' 3d8,76J 260 3 149,045 85,294 .May 6S. Y. Out. diW.'May .... 351,763 1,915,230 273,03- 1,230,8.57 1.308.545 N.Y.&NewEns. 244.271' i2,7.=ie 142.774 262,764 190,751 321-8011 167,49.i . 21,789 111,856 150,15 160,22.'. .. Mobile & Ohio.. May... Morgan'aLti.AT. &(iril.. Vash. Ch. & St.L May.. K.O.& NiirtheHStjMay N. Y. Ch. AiSt.LlMay .... (lN."S.L.KriciW May .... N. Y. Pa. & O jMay .... 2'f3,327 305,991 37,50 11 1,9 z.' 14.200 23,035 588.ii0.-i 5,138,483 742. 46i 1,006,85P l,18J,3u5 797,661 321,243 35,16' f.O.leO 137,19.' Mil.L.Sh.A Wcs l3t w kJuly }linn.<itftt,Loui8 3S,9l.''i J 1,143,12.1 98,463 73,680 28,h8'* 781.971 810,678 1,309.491 -.70,475 4,783, .178 8oO,f89 985,617 1,093,033 314.443 3(8,593 204,015 129,235 ],21'i,831 179.112 6,5-16,2 15 303,970 333,816 1,429,903 713,606 253,215 5S6,«-29 68ri,506 836.330 879.51c 1,191,411 993,2-Zl 291,59.1,307,34.- 161.679 1,277.653 5,891,96b 1.932,714 1,212.857 667,213 405,893 1,215,732 2,181,55. 4.603,546 6.389.9113 1,549,222 174,89h 1,110,783 l,RiV.352 178,180 2,22.(,5« l,;^013;9 677,611 36S.958 1,248,302 2,203,620 5,98),5ri6 New York of Average Specie. I>tscount«. 1884. 1865. 23^,047 289,917 III Banks City for the 1885: Loans and Dale. 743.880 11.038,000 1 0,843, -J46 10,684,554 10.668,727 2,503,932 2,693,549 76.5,211 897,41" 1,147,108 l,089,6u9 I,o01,i9l 1,004,135 813,lh2 808,624 226.902 2J6..Mt 1,493,213 l,'29r,3''7 6i,S0O 66,672 70.3i9 76,30 2,516,560 2,717,56'. 362.449 429,846 149.9 1 162,047 679,034 o48,7r'4 393,ilt 427,206 1,476 653 1,556,469 334.532 343,024 15,< 930,70.=. 1,215,441 50,377 500,m67 317,990 19.27;< 4a, 609 78 927 17,061 231,052 210,8411 3«,068 949,.'.9ri 912,l2f 285,272 33-1,753 7,126.368 7,987,3>'8 & Kast eWc. Mil A St. P. Chlo. & NorlUw 4tli wkJ'ue Cb.StP.Miu JrO. 4tUwkJ'ue Chic. & \V. Mlcb 4th wkj'ue Ciu.Ind.8t.U&C itbwk J'ue Cin. N O. A-T. P May CinWash.&Balt. id wk J'ne Clev.Akroii&Col 4thwkJ'ue DenT. 287.49 7 57,646 105,709 160,103 1.981,127 30,929 416,053 556,800 134,400 33,lf8 59,05O 219,147 30,649 13,128 302,200 21,987 14,209 99,311 57,320 5,905 31,507 15,342 295,461 3, XU. —The foUovsring statement shows th& City Banks. Amnwnt Legal Tenders. nf— Net Deposits Circula- other than U. tion. S. » New York Ala. Gt. Sontli'n. Atcb. V.itS. F. [Vol, condition of the Associated Banla. ' : . Meclianica' 8,T22.0O0 8.6H0.000 7.061,400 7.7i7.000 Union 4.Oi!-2.100 Manhattan Co Merchanta' 5,4';2.000 8.000 2,610.900 4,81 3,281.1.00 1-56.700 12.-94.000 11.976.000 1,760,000 708.000 2.992,300 1.3S3.000 347.50» lO.ni.9,700 9,SH8,000 3.449.800 22J,r.OO 1.108 731,100 9.367.300 4,769.300 2.8^8,000 5^6.000 461.700 2.m 9.000 8.005.700 10,674.600 2,929.000 19.vn5.'2O0 City 34-^.900 1.801,100 115,700 2,048.400 Trailesmen'B ... 1.5 1.100 141,300 969,700 1.112.100 Fulton . ... 15,605.200 9.949.400 1,34 3,700 22.f.41,600 Chemical 2.862.400 876.100 651,700 2,4 13,200 Merchants' Exch. 832, -.00 2,914 000 241.200 6,041.900 Gallatin National., 1,1-79 000 227.400 491,600 1,6(10.500 Butchers'* Drov., 1,3K7.000 lH8,0i)0 46.000 1.2t0,000 Mechanics' A Tr.. 1,017.900 146,100 109.100 1,004.200 Grernwich 2.4r-.5,400 1:12.100 607,000 2,984,700 Leather Manuf'rs. 1.219..'i00 361,100 125.300 1,101,200 Seventh Ward... 3.887.100 2.9-<!H.200 1.196.?00 505.100 State of N. Y 16.160.000 5.375,000 S.OBS.COO Aiueric'n Exch'ge. 13.098.000 19.0i':V0;)0 11,088.800 2,401.500 24.699.100 Coniiuerc© 5.105.000 4 60.600 6.230.700 l,0f<0,500 Bro;idway 7,073.300 641.700 6,3-20.100 1,461,900 Mercautile 52-.;. 300 8.160.400 447.800 2,409.400 ... Pacific 6.134.6110 l,8,t8.,S00 447,700 6,681,300 Retiublio 4.215.000 749.000 6-J 1.800 3,6B'<.000 Chatham 1.741.000 168.800 92,900 1,628,100 Peoples' 3.7fO,100 443.400 431,000 3,410.000 North America ... 8.6S8,«00 3,757. 00 386.000 10,''88,2fl0 Hanover. 8k8,800 2.893.000 2.89-<.O00 3-0,700 .. Irvine: 86-.;,900 3.861,600 2.892.9110 521,700 Citizens' 19.6,100 2,880.100 388,200 2.417.900 Nassau . . 2,475,900 488.00 289,90. 2.S='8,J00 Market 1.806.300 577, .100 182,800 1.676.900 St. Nicholas 3.394.000 694.000 743.000 2.b7-.!.000 Shoe &, Leather.. 4.636.000 410,000 Com Exchange ... 5,127,400 785.000 6.077,700 494,200 4.847.900 1,421.100 .. Continental 1.841,100 2-.6.ono 314,1100 1,8-29,100 Oriental * [luporters'A Trad. 18.121. 5O0I 6,704,800 1,517,900 23.1H8.(;00 16,81!<.900 5,416,500 2,41(1.400 22,999,000 Paik 281,000 1,979.000 6.000 1,412,(100 North Biver 944.100 176.600 177.800 1,072,500 East Biver Fourth National,. 14,344,200 8.146,1,00 1,«81.700 17.644.400 7.073,000 3.073,000 1,369,000 10,003.000 Central National.. 3.1 91.000 804.000 204,000 2,410,000 Second National.. 6-iM,lOO 6,7116,000 4,494,400 1.67ti,8a0 Ninth National... 809,-00 16,851.400 16,694.100 2,316,900 First National 5,116.200 4.047.fiOll 961,100 1,268.300 Third National ... 224,900 24 8,500 1.142.700 1,167.100 N. Y. Nat. Exoh.. 2.19H.200 481,600 115,000 2.056,400 Bowery 2.4H1.701. Siil.lOO 354.400 2.010.900 N. Y. County.... 81H,200 2.679,6011. 461.400 2.48 .3 G. rman-.Viueric'n 3,842.2110 662.000 277,900 3,0.13.000 Chase National... 3.124.000 174.7.. 767,700 2.860,700 Fifth Avenue 2,622,000 150.000 430,000 1,976,700 German Exch'nge 2.325.200 314,500 165,1)00 1,880.900 GHnuania 3,2 -'4. 100 211,900 2,720,800 1,024,H00 United States 2 980.900 7611,500 270,400 2,lo7.500 Lincoln 1,319.100 216.800 156,000 1.2-7.100 Qarfleia 1,237,100 168,7.-0 1 6,800 1.197.700 Filth National 4.411.400 9 11, -200 684,900 3,090,6 "0 B'k of the Meirop.. 1.821.400 99,001) 609,700 1,431,200 West Si-e 327,200 1,500,000 1,6-22,700 98,200 SeaUiard 10.97-1,8110 ATuerica 267,000 Phenlx — 90,000 29S.809 668.50O 153,400 "2.B(io 412.900 42,600 6>'9 200 872 400 . — 2t,9.O0« 423.000 45,000 6,400 l'80lo00 >i 287 600 24'2,600 4'35 103,606 989.900 45,000 H 2'i6.80O 180.000 237,000 35.400 45 OOO 430.600 K-z.g'do 191,600 180,000 46,000 180.000 43 600 177 80O 1330UO 1 307,206,400 114119600142,683,000 380.798.800 Tot al.... '* 00d S69,io6 9,839,300 No report; same au last week. The following are totals for several \L. Tenders.] Specie. weeks Deposits. past: OirculnfioTi Agg. Clear'ga S J-ne2n 298 883,800 114661 »00'40.727.000 371,751.200 " 27 308.78.6.60111113966600 48.628,700:876,763.600 July 3 307.206,400' 1141 19ii00l42,688,000|380,798,800 Boston Banks. 1885. 149.141, -SOO J'nB20 " 27 149,708,7011 July 3 l.)0.211.800 9,889,300 481,709.365 —FoUovrins; are the totals of the Boston hanks Loans. $ 9,978,«(i0 440.069.748 9,91(1,700 448,1158.921 Specie. L. re?wJer». Deposit*.* $ $ S a,759.<i00 8,777,4 00 8,782,600 Circutatioli Agg. Clear^ga * 59.174.914 62.009.888 67,726,242 6,081,800 110,079,000 22,0«1.400 6.483,800 109,46-,(l00 21,90.'i,OllO 5,372,300 109,492,10 22.(J05.800 . 1,382.5.-3 Pliiladelpliia BaiAs.— The totals of the Philadelphia banks H3,71-/ 45o.48;i 236,121 are as follows: 3,b9o.4H9 4,267.173 17,581.953 19,427,073 Agg. Clear'gt PeoriaDec.&Ev 4thwkJ'ne Lawful MoTiey. Deposits.* 16,307 14,24 ?26,42o 366,310 PUUa. cSt Erie .. May 274,560 2 <fi.853 1.2li,256 1,324.443 S $ May . PMla.ikReadins 2 377.424'2.8'a7,94 10.2-11,910 12 069 901 7,488,008 27.17(5,845 78.041,018 45 562.875 74,665.886 June 20 Do (\ <v Iron .May . 1,267,178 1,882.219 5.316,02 5,9 0,5 12 7,41-J,0(10 4 1,999,136 74,43-3,300 77,6-J 1,600 27,160,600 27.... .viay . Bichm'd &Danv. 292,07 2 9.3i9 1,589,2-9 1,573,283 July 3.... 7.6,541,900 27,160,700 78.704,800 7,375,5110 46,723,109 Ch.Col. &Au(j May. 46.286 48.211 336,279 319.391 -lucla-lmic to« ite u ".lii« (,o ociier ciuics.'Colnnil>ia>^Ur .May . 35.617 36 637 286 814 2 70,706 .May . 46,113 47.014 s Georgia I'ac 266,212 220,001 Unlisted Securities. Following are latest quotations for a Va. Mirllanrt.. May . 124.02 137.363 573.165 601.272 week past: West. No Car May 36,437 32,121 180,239 161,307 Eoch. & Pitt8h'Ki4tbwk J'ue 35,-30 31,62 552,065 499,290 Securities. Securities. Bid. Aslt. Bid. Ask. Borne Wat.&Og April 141.45>< 132,532 475 15 455,376 Bt. Jo <fe Westu l.^ii wk J'ne 16,57.'! 474.33? 24,9 2 Atlantic A Pac— Sloik... 6 i^ Mexican National 3 513 10 8t.L, AltunvT H 4tb wkj'ue 2rt,284 Cent. Div., Isl, i.lrt 70 Pref 549,92-. 21,799 663,213 lat raort 14 Vi 17>a Do (Branchesil iihwkij'ue 14,8H3 Cent. Div., l3t, now 60 60 14,780 345, 3oi378, an Incomes 8 Mich. A O.-Sub.fuU paid 100 llth WkJ'ne, Bt. L. F. 8. & 21,604 2-<a.08f 11,733 233.337 Accumul. ianil grant 17 lat 1110 t 45 8t.L.&San t*ran istwlijuly 60.200 73,301 2.0:i9,68 2,1»9,- 82 L., Slock. N. J. Soulheru 1 71 Bt. Paul iScDul'tb 11 h WkJ'ne 39,45-.; 31,052 477,63 49<,608 A'a.&Cnar.Air IncO'iiea 2 1st mort., gen. LOuds. .. 112 Bt.P..Min & Mau.lJiiue 491.558 712,165 3,121.028 3,6-4,9,Jl iiicoiie,-* 90 N. Y. A Green-d Lake. 1st 12^ 17 South Carolina. May 58.101 71.66 4-<2,408 521,5114 Bank,ttMerih,'rel,, gon.M ii^ 0.,3il N.Y. Penu. A M.... I Bo. P..e.,No Div February 82.300 72.97P 184.92,' 15V, 392 B. & M. 'I'el.Co., Hoc. Cer 1 Atl, A G, W., com 90 J8*Mithern Div. March 781,o61 258,939 222,9:7 2=^ 740,993 Boat. H.T.& West.— St k. 4 N. Y. M, (Ju. To,.— stoek. 60 Ariztum Man h R.Debentures W. 23, 116,166 14-',562 Sh. A Stock. 422,015 460,732 46Si N, y. New Mexio<».. March 3=>< Keceivei 8' c rt 3 6.S.022 54,lrii 801.J 82 172,609 101,748 Batf. N. Y. & PhiladelphU 751, 77 Pref 3 4 North. Pac— Di\'. boiuia Texas* N. O ... April 79.;<4 86.969 299,917 3 17,33 1 bonds, 6a Truat 35 North Kiv. Cons.— 100 i).'9 12 Tex. & St. l>oiii8. 2il wk J'ne 20,426 17.471 405,758 333,014 B'kly.i Kiev., St. receipta 30 Cent.— Kiv. Div,, 1st 14 >, Ohio Tol.A A.&N.M. May .... 18,83 lO4,60l 19,63( 84,491 Incoio.-a Ist M., or wnen i .sued S'O Union Pacific... May 2,067,5, 2,099.898 9,289,131 9,254.363 57 2ii M., or when issutid.. Ohio Cent., lat M.cer.as.p. 70 iv Otah Central ... April 52.755 70 8,59 2:-i6,527 3o3,174 lat iiiort 911% Peiisacoia A Atiauiic. 7 Vlcksii'g Ai Mer May 25,901 30 811 172.821 194.413 Cont. Cone. Imp. Co 10 14 lat moit 83 85 VlcksliSb APa<'. May 2I,50ii 6,614 132,814 20 Pittaliurg A w.-steruj lat 50.036 Denv A Kio(4i-ande— 5.^ 674 Wab. St. L &P. June.... 941.35 1,174.32 Douv.A Bio at. 6,897.9-111 7,418,858 6 7 Postal Telegraph— at^ck. 1 Weet.ieraey Mav 60 lat molt.. 68 70 96,068 102 H70 399,742 415,135 c;di-on Kioctiic Llirht & Den. C.K.St.. 12Vj Wisconsin Cent'lj:! whs June Southeru Tel.— 1st M. bils 67.546 80,269 689,915 672,226 Fl.WorthPac.-Stock Geoigia 10^ 12 St. Jo. A w.,8ik iru tcor, 15 Ht 9*ii4 96 '( St. Jo. A Pac. l.Hi vr. ctr 110 latiuort.,ea a Notlnc.iamnu eamlait" of New York Peoiisylvunla * Ohio road. 2d mort 8714 40 2d irns cer.. 42 b ici-rea-e tbU year wholly lu miscellaneous receiiita. Briilge Stjck 56 Texas A Pac.— Scrip lc84. 32 •Not iniluiiliiu the flrsi six days of January, preceding time wben Henib-raou Bonds 103 Old 81-rlp 38 ASC*'iver look p<iHse.Msion. KaUH. .tt Neb.. lstu-'tcer.|105 lOD New sciip 35 inoiii fNot iiuif Inil. Decatur & Sprlngf. In either year. 42 2d trust cer Tex.A8t.L..MAADIv.,l8t 20 9 Mexican ciirr.-nc.v. Keely Motor 6'4 6>4 6s. Ist m(u-t., in rex.vs. 18 M.K. AT.— Income scrip. Kut inuludluic Colorado Dlvialoq In either ;ear. 41 45 U. a. Electric Light Peinmylvanla. . .May ... 312,423 , .. . ^ — . . . . W . — . . • . . W ' I — I - JtoLTn, ''^HE 1885.] CHRONICLE. 4<9 iMcom Acooumr vo» iaa TiAB 1884. I PnUcht Euiuiiiici- ^.^..tTTI.'-lS ,.•••. I'liKiimiKrr 9l^.^}t .....1.......;....^'.!... ai.S.W Kipro-n lutctXtocuce. ^KallvaaiX 8in»,<f»l J Mull fr^8—91.0''6.<>fl3 MUiwIliinxonn OiieratlnK pxiiuiiboc, luvluaiuK tuxui.. The Is VRsToRs' SiTPPLBMKHT lumtains a complete exhibit of the Di-U oftitatts and Cities and of the Stocks and Bonds and other Compiiuies. It is published on the last Saturday of every other taonth~^z., Febmary, April, June, Auynst, October and December, and is fnrnished without extra charge to all regnlar subscribers of the CHBomoL*. Bxtra copies are sold to suhsi-ribers of the Chrosiclb at 50 cants each, and to others tha n subscribers at %l per copy. Fund fit Net detlelton nneralloDS l.vlO.lui ..^•mf.W.wf*. . ReiiliiUuC Ifuaed Uiiea of RailriMciM Trtnl Recelvxl eat 9138,479 ilefli-lt Lund Grant. Iriuteca IsSA (uet) fi-oiii fur pHymentof Inter- 230,ffTO (Ilia Jiiu. 1, 9KU,Tn Bitlanceof tnoome Di hilt Coiiimiimlne Jan. 1. 199.'', on Istmortg. West. DIv. bonds «23f>.a7« (Oi t"l)er-l)i-i'enilier)....... ANNUAL REPORTS. MlAoeilancous Atlantic & Paoiflc. (For the ytar ending Dec. 31, 1834.) Tlie annual report for 1884 is now publiahetl and it is a full and iiitcrt'siiiig document. The connection of this ro:id with the Atciiison TopekaA Santa Fe and the St. Louis & San Francisco, and the aomewhit complicated relations between the three comiianies, renders all information concerning them o{ Talue to tue public. pended fur construction account |488,565, the larg.-r part of which was for work done and materials lurnished during 1883, not paid for until 1884. The principal items of cost of new work done during the year were: ballasting, 122,804; new track in Sacramento Wash, $51,509; and the new hridge across the C< lorado River cost |119,0«7, incluriing foundations. The road-bed, for nearly its entire length, is built ot material that does not require ballasting, tlie exception being about forty mile.< in the vicinity of the San Fran* » » untains."' cisco " In Dt'cember last your directors authorized the immediate construction of one hundred mdes of the Centr il Division in the Indian Territory, from Red Fork westward; but no work was done or money expended upon this extension prior to ... M 1!:84." MILEAOE OPERATED. the contract of purchase made with the Southern Pacific RaUroad Q^mpany, dated Aug. 20, 1884, the Atlantic & Pacific Railroad Company on Oct. 1. 1^84, secured the possession and control, and have s ince operated, the road from the Colorado River to Mojjive, Cal., a distance of 342-8 miles, muking the ntimber of miles in operation as follo-ws By : Cenlrul ItiUt, DirhUm— , ^ ^, 10 i Diiriiij: year, hiki In operation at close ot the year Wesl< ni Dirision— For iiiijf nioiitbrt .5723 - Forlhi-re iiiiiuibs In ojierailuu at close of . 815-1 815-1 year tlie 917-1 Total mile« in operation Dec. 31, 1881 TBAFFIO AND EARNINGS. "The 1.2.70 -• lf240,'2» Total DeM; balance Income scoount for the year 1991 i?.-! ,13<J According to the "tripartite" agreement the interest on bonds was charged to construction till Oct. 1, 1684, and after that period to current oiierations. STOCK AND DEBT. St'<ck was txsiied durinu the year to subscribers to circular Sl.SOO.OOO of Jan. 20. 18-3 54,91o,30O Amount oiitHtaniiliig at close of the year ia deposited with the trustees under Jll.SnZ.nOO tlie irlpiiitileHerceiiienr 13,.')07,70O Held by other sUickbiildHrs held by 489 are the trustees The 1H5,077 shares outside of stockholders, being an addition of 404 during the year. The only increase of the bonded debt during the year was the issue of bonds and scrip due to subscribers under the circular of Jan. 20, 1883, which subscription was mfistly paid in 1832, but not finally closed and Ixinds delivered until 1884. Of this nnioiint there C»N8TRUCTI0N, " There has been Of new constniction the report says: no new main line built during 1884, but there was ex- Dec. 31, - liitei-e«t...'. UNFUNDED AND FL,OATING DEBT. " The statement of unfunded debt covers every outstanding obligation of the company other than the bonded debt and It includes |2,fi34,51S capital stock at the close of the year. loaned by the Atchison and San Francisco companies and other parties to pay coupon interest, and which has i een repaid by the salo of lands to E. W. Kinsley, trustee, but not yet applied to " notes payable." It also includes $1,500,000 dua the above-named companies, for stock borrowed from them, and which may be repaid in capital stock, and also the $711,958 of notes given at the date of the tripartite agreement, but not payable until 1890. '• For the total amount advanced by the Atchison and San Francisco companies since the date of the tripartite agreement of January, 1880, these companies hold ample security, excepting for $693,777. made up of the coupon interest paid ujion old Central Division bonds since 1880, amounting to $317,290, and other unsecured notes amounting to $375,486, held by the two companies, share and share alike. The net floating debt, consisting of current notes and accounts payable, other than those due the two c mpaides and other parties, as above recited, amounts to $626,351," consisting mainly of current bil's payable and vo-jchers and pay rolls as of local bnsinesH has been quite satisfactory, considering the undeveloped condition of the country through which the Several causes, in addiroatl runs, and is steadily increasina;. tion to thf general business depression throughout the country, have seriou.tly interfered with our through business, the principal one of which was the loss of the Colorado River bridge by floods on May 15. which cut off our connection with the and whoMy interrupted our Southern Pacific Railroad, through trafitic from that date till August 1. This, together with imperfect and unsatisfactory connections and traffic arrangemenis, prior to October 1, materially affected the gross earnings for the year. The completion of a permanent bridge at the Colorado River, and the traffic and trackag-i contracts of Aug. 20 with the Southern Pacific Company, will prevent a * • recurrence of like unfavorable conditions in the future.'' " The t entral Division has been operated by the St. Louis San Francisco Railway Company under a temporary lease, by which the Atlantic & Pacitic Company receive the entire net earnings f the division, plus a rebate of twenty-five p»r cent of th" gross earnings of the St. Louis & San Francisco Railway Company upon all business interchanged with said Central" Division. The net earnings of this division for 1884 have been held to pay coupon interest upon Central Division first mortgage bonds, due May 1, 1885, and do not appear in the general income account for 1884. " The Western Division has been operated by the company, and statements of earnings and expenses are submitted below. The gross earnincs do not include either the pool balances or rebates widch were earned from and after Oct. 1, but had not & < December 31, 1884. SUBSCRIPTION TO CIRCULAR OF JANUARY 20, 1882. " The sub-cribers to the financial plan set forth in circular of January 20, 1882, had paid prior to December 31, 1883, 35 per cent of their subdcriptions, a total of $?,31-J,2S8 (four The company, in ac< ordance with its certificates fuUv paid). sold, up to the same date, 521^ per cent desa a total of $3,440,000, leaving 123^ per cent then open and unsettled. '• On July 11, 1884, such balance of 12}^ per cent was called from the holders of subscriptioa certificates, payable 10 per• » * cent on July 30, 1884, 2}4 per cent on August 30, 1884," " the balance being paid in full Aug. 30, 1884; tne enlire s^ubscription was thus dosed in accordance with the terms thereof, the interest adjusted, the securities delivered, and the outstanding certificates surrendered and canceled." * * *. " Each holder of a certificate was entitled to and received, upon final settlement of the 47^ per cent, various securiliea mort. as follows: first mort. bonds, West.l Div., $380 first income bonds. West. Div.. $495; bonds. Cent. Div., $3S income bonds. Cent. Div., $49 capital stock, $440." * « • option, had $3.i,000), ; ; ; LAND DEPARTMENT. " Of the lands granted by Congress in 1866 there have been earned and assured to this company, by the construction of the road and its acceptance by Government, in accordance with the terms of the grant, about 16,000,000 acres. Of this amount 1,000,000 acres have been sold for cash, and about advanced 5 000,000 conveyed to a trustee in payment for money by the Atchison and San Francisco companies to pay coupon interest, leaving about lO.OOO.OOO acres now undisposed » * « "The Aztec Land & Cattle Company has pu^ been sufficiently determined to appear in this report, and Qf re1885." The •which wdl materially add to the revenues for chased from the company within the vear 1,000,000 acres, and comi>anies, ntes due from the Atchi-on and Sm Francisco has already contracted for about 30,000 head of cattle for the imder the triparte agreement, for the lust three months of 1884, purpose of stocking the same." * * * three the for with those approximate $80,000, and, logether 'Tlie operations of the Land Department during 1884 wera months ending April 30, 1885, were available for coupon in- as follows The bonds. Division Western on terest due July 1, 1885, $575,495 acres wnre coM for the 8ura of -. : proper ba*is for future l,07.'i.49^ IJ t4.wii lots w.re8i>ld f.ir tliCRUiu of advantages secured by The reeelptM from HinnipiiKO BiMounted to balance of accouni) the purchase of toe Moiave Division, and the traffic contracu From Interest (uel * rt/\ *u I i»l<J-r AilA ^1....;«.r Ua lucf tKra.» of August 20. the road earned $437,000 during the last three Total received dnrlne 1881 months (Ootol)er, November and December), out of a total for Of thin aiii.Mii.t thHie was received In casJI..,.,,. ............. And lu notes i-ecei>able the year of $1,086,000. earnings for 1884 will not serve as a estimates. As a parti l result of the . . 1 on oib olii »oi t ''i'.lniSI iftSn^ io,i»i : THE CHRONICLE. 60 excluBively of these land sales have beea used and for paying Department Land the of expenses the to Day first mortgage bonds cou^n interrt upon Western Division mortgage. * the of 1910, as provided by the terms of year -The further operations of the department durmg the «, ., were as follows „ __ ^ "The proceeds [Vol. XLI. Unclaimed lahorera' wages Sundry liiibilities. Central and Missouri diviglong Vouchers and pay-rolls Trust<'e8 under tripartite agreement (payable in capital ^}i'?^? ; q qq 418,099 ,500. 000 1 stock) $92,83'-',808 CALIFORNIA SOUTHERN RAILROAD. "The Atchison Topeka & Santa Fe RR. Company, the bt. LouU & San Francisco Railway Company, and other part'.es, which had from time to time advanced certain sums of money "Since the Atlantic & Pacific Co. secured control of the road to Mojave, the California Southern Railroad Company has been reorganized upon a strong financial basis, and sufficient funds secured to complete its road from San Bernardino north to a connection with the Atlantic & Pacific road, near Waterman, a station about seventy miles east of Mojave. The work of construction of this new line is being vigorously prosecuted, with the expectation that it will be completed not later than October, 1885, giving a direct line to the harbor of San Diego." « * * E W. Kinsley, trustee, certain lands estimated to being that contain 5,144,560 acres, the conditions of such sale most adthe trustee shall, prior to June 27, 1889, make the less vantageous sales possible of such land, but in no case at a agreed by aU price than fifty cente per acre, unless hereafter of such the parties in interest; the net proceeds of the sales expenses, lan(k, after deducting all reasonable charges and realized to the to be by him applied and made over as fast as such three parties making the above advances. If, after lands have been sold, there shall remain any net proceeds after r>aying the advances and interest on such advances, the trustee is to pay the same to the United States Trust Company, trustee under the mortgage, to be held and applied by mortgage bonds, it to 'the purchase 'and cancellation of first at not exceeding one hundred and ten and interest, under and in accordance with the terms of the mortgage.' The $52,846 referred to .above, is a payment on account of the sale of June 27, 1884, above described." PURCHASE OF MOJAVE DIVISION. "The most important transaction of the year was the purchase of the Mojave Branch of the Southern Pacific Railroad Company, extending from the Colorado River, near the* Needles, to Mojave, Cal., a distance of 242-37 miles," * "for $30,000 per mile, amounting to $7,271,100, payable as follows: One-sixth part, or $5,000 per mile, amounting to $1,211,850 in cash; and the remaining five-sixths, or $25,000 per mile, amounting to $6,059,250, either in cash or first mortgage 6 jjer cent bonds of the Atlantic & Pacific Company at par, at the option of this company. This contract further provides that until the title is clear of all incumbrances and is satisfactory to us by the maturing of the present mortgage in April, 1905, and the purchase price paid, the said Mojave branch is leased at an annual rental of $1,800 per mile, or a total of $436,266 per annum. The contract of purchase and lease was signed Aug. 20, 1884, and was guaranteed by the Atchison and San Francisco companies respectively, onp-half to each; and this company received possession of said Mojave branch on Oct. 1, 1884, and has since operated it as a part of the Atlantic Pacific Railroad. "In addition to the foregoing, a traffic and trackage agreement was entered into between this company and the Central and Southern Pacific railroad companies, which, for the transaction of through business, virtually extends the Atlantic Pacific line to Oakland & San Franci,-co, including the use of the valuable terminal facilities at those points, upon the basis of mileage pro rata between Mojave and San Francisco, and a reasonable arbitrary for the use of terminals and transfers at Oakland and San Francisco." * * * "At any time after Aug. 20, '85, the Atlantic Company may, by giving ninety dajs' notice, in lieu of the pro-rating arrangements above mentioned, enter upon the joint use of the Soulhom Company's road between Mojave and Oakland, and have the right to run its own trains directly to and from Oakland Ferry, by the payment of an annual rental of $1,200 per mile and a share of the expenses of maintenance in proportion to mileage of its cars." * * » CEKERAI. BALANCE SHEET DEC. 31, 1884. GENERAL INVESTMENT NEWS. farst were applied to the payment of coupon interest on the mortgage Western Division bonds of 1910. On June 27, lo»4, Of this these advances aggregated the sum of $2,634,513. amount $1,217,256 had been advanced by the Atchison Tothe peka & Santa Fe RaUroad Company, a like amount by and $200,000 St Louis & San Francisco Railway Company, parties for by other parties. In order to reimburse the above and wnBuch advances, on June 27, 1884, the company sold veyed to & & AtieU. ConglrtietioH— Weetern Ceiltlftl C:entral Inci me $32,577, S41 l>lvl^lon DIvinlon l,RO!l.U44 mid Missouri diviglong account, ('eiitral aud MUeouri Capiial stock losned to tiustees under tripartite agreeiueut 31,750.000 Total cost of property and franobiaes... $88,913 InterfSt bank AM-ountu rccfiTHble, Western Division (net) "8anKrMnciH(o" to Central and Mitsimri divisions aceouat. MHterlnlg and snpiilies, W esteru Division C'asli in , Office furniture, Boston office .. Sfii) 12,754.923 4116,838 18,277 16,507 47.^.345 3,2B9 164,076 $92,832,808 LiabililUa. Fundefldeiit (»eelNVBSTOBS'Surpi.KME.\-T) $31,005,204 Common stock 43,41O.:'0O .'."...".". Missouri Division, pn-fcircrt stm* l'^.OI)0,0(iO '.'.'.... Oeniral Division preft-rred stock 1,400,000 •' Atchison " Co., of wliich # ,2 1 7.256 is seonred by conveyance of lands aud if 16i',C00 by Central Division llrst mortfane l)onds 1.723,214 n Francisco" Co., same as preceding ......"... 1.7i4,07il Other bills pHynb'e secured by convoviime of lands '.. 200,000 "Ban Fr-nilhco" Co., for notes given under tripartite agreemint.doc III li-s-e » .„... 711,958 .'. Bills paysbl*'. pnrilv secured 230.915 CoDjxm interest, including coupons due Jan'.'i,' isss!!!'.!'.!! 480,630 : • — Chicago* Atlantie— New York Lake Erie & Western.— Judge Wallace of the U. S. Circuit Court has handed down a decision substantially vacating the injunction recently obAtlantic, restraining Erie from tained by the Chicago Atlantic and from the diverting traffic from the Chicago Great Western Dispatch fast freight line. & & Cincinnati Indianapolis ^t. Lonis & Chicago.— President M. E. Ingalls submitted the following income statement for the year ending June 30, 1885, estimating June earnings and expenses : Gross earnings $2,491,527 Add earnings from rent, elevators, investments and other sources 98,600 Total gross revenue $2,590,127 1,607,507 Deduct operating expenses Net earnings Deduct fixed charges $982,620 690,978 $291,641 Bnrplas After the reading of the report the dividend question was taken up and discussed by the directors. It was unanimously rt solved that in the present state of the business of the country the declaring of a dividend would be inexpedient. Cleveland Columbus Cincinnati & Indianapolis. The following is the statement for the three months ended March 31: — 1885. 1884. Gross earnings Operating expenses $827,161 672.126 $SPfi,W0 696,556 Net earnings $'55,035 191,163 $2(0,.'i44 $36,123 44,340 $1,167 66,170 Interest, rentals, &c DcBclen".y Additions to property Total deficiency Fargo 201,811 Changet. Dec. $ii9.738 Dec. 24,430 Deo. $15,309 Dee. 10,648 Inc. Dtc. $34,661 21,830 $30,408 $'J7,637 Inc. $12,831 report has stated that hereafter be controlled and operated by the Chi- A^ Soiitliern. this road wUl cago Milwaukee & St. — A Milwaukee Paul Company. It will not, however, be included in that company's organization for the present, but will retain its own officers. The road, which was built last year, extends from Fargo, Dak., southward to Ortonville, Minn., 120 miles. It was built and is owned by parties who are largely interested in the Milwaukee St. Paul. Gulf Colorado 1,029,219 Inoome account, Western Dlvkion the petition for the recovery of the Jersey Central property from the Reading was postponed for a short time. Officers of the two roads have been conferring, and a compromise may be made; but it is reported that the bill was to be filed with the U. S. Court at Pittsburg to-day. The managers of the Reading Railroad Company have chosen Mr. C. B. Wright as one of their trustees under the plan of reorganization for the property. Col. Henry A. Dupont of Wilmington is the other trustee for the managers. The other trustees so far agreed upon are H. W. Bartol and J. B, Garrett, on the part of the Bartol Committee; Charles L. Borie and Joseph Wharton, on the part of the Whelen Committee. As soon as the foreign bondholders have named their trustee the reorganization will go into effect. & 21,746,834 divis- ioi,B(old) New Jersey— Philadelphia & Reading.—The Central of filing of & Santa Fe.— At Dallas, Tex., July 6, this railway company filed for record a trust deed on the company's property for $2,100,000 in favor of the Loan & Trust Company of New York. I This is the new second mortgage at $8,000 per mile in place of the old mortgage at $13,000 per mile, Houston East & West Texas.-At Houston, Tex., July 8, Judge Masterson, of the District Court, sitting in chamheard the application of the stockholders of the & West Texas Railroad, asking the appointment of a receiver for said road. After hearing the objections the Court granted the prayer, and appointed M. G. Howe, present Assistant Superintendfnt of the Houston & Texas Central Railroad, to be receiver. This is a narrow-gauge line running from Houston to Shreveport, when completed. Trains are now running on the road as far as Logansport. La., a distance of 193 miles from Houston. The roadbed in the remaining forty miles to Shrev. port has been constructed, and the laying of the rails is all that is necessary to complete the road. The road was projected and largely built by the late Paul Bremond, and is known throughout the South as Bremond's road. Luke Erie & Western.— The opposition ti the stock assessment scheme of the board of directors of tie Lake Erie & bers, Houston East — July 'tl, THE CHRONICLE. 1888.] Western Railroad ("oinpiny in ronrpntrntiriK under the leaderBliipof 5Ir. John lilootlKOod. Tliere are wveral RtockholderH who are iinwIlliirK to pay the desired 7 per cent HHHessment, and they have biKnil\ed to Mr. HloodKOod their willingness to combine and try to defeat the Sfhenie. LoiiisTille a Nashville.— The Louisville & Nashville Rail- Company advertises that it will liuv ifMaft '"in ,,f ..„nd«« of '. 18Hfi. the citv of Ixiuisville which mature April 1,1" l^ulsand April 1, 18.S7. These honds were l)0^^(^^ ville hv the railroad coninany in 18")6, the company nK'reeinK to pay the coupons and the prinripal. The roinpriny has deposited as security for the bonds ifa-iCOOO in Government 4 and 1'^ per rent bonds. It is now jiroposed by the LouiHvUIe & Nashville manaxenient to buy city of Louisville bonds, canceling just so much of their debt. The Government bonds will then be sold at a high premium. Mexican CentraL— The actual situation of this company as re^^ards the Mexican Government is not easily ascertained. If the injury to the Me.xioan Central is limited to a temporary suspension of the subsidy payment, it may easily be borne; but if the Mexican Government is inclined to discover grievances, or exaggerate petty differences on tariff rates into Late violations of charter, the case will \te more serious. newspaper disp:itche8 say that the Mexican Government notifies the Mexican Central road not to make sixjcial fiei«ht rates from the United .States in violation of the legally-fixed tariff and law concession, and ^ives notice that it will investigate charges and impose penalties if the cases are proved. road 51 The increase in the ns^ewied value of real evtate, the ('nmmissionerH say, wan due to four causes First, the completion of buildings throughout the city which were assessed lastyealin pr(V-es« of construction; second, the erection of new buildings and improveiiii'iits and alteratioiiB on old ones; third, a more j>erfect equalization of assessed values in the upper and lower wards of the city, an<l, fourth, appreciation in the value of real estate generally. The following table exhibits the assehsmeuts on personal proi)erty for IS-JJJ, 1884 and 1885 : — i Mobile & Ohio.— This company on Wednesday change<l the gauge of its road from 5 feet to 4 feet 8}{ inches. The work of moving the rails was accomplished in about twelve hours. Standard-gauge cars are being loaded with freight at Mobile, will go throuKh to northern and western points without transfer or change of trucks. New YorkChicagro& St. Lonls.—A meeting of holders of car trust certificates was held this week in New York. C. C. Beaman, of the firm of Evarts, Choate & Beaman, addressed the meeting, and briefly reviewed the court procee<lings that had been taken for the purpose of protecting the holders of the Nickle Plate securities. Mr. C. S. Brice explained how the |6,000,000 realized from the sale of the car trust certificates had been deposited in the broken Metropolitan.Bank as a trust fund, to be used only to purchase e<iuipment for the road. Of the entire amount all but f.'iOO.OOO had actually been expended fur equipment. The remaining iS.500,000, Mr."Brice said, seemed to have been used by the bank as part of its general assets without the consent or When the bank suspended the knowledge of the trustee. trustee received from its securities apparently sufficient to cover the amount due the trust fund. The meeting resolved to leave all future proceedings in the hands of a committee, consisting of W. H. Male, George F. Baker, President of the First National Bank, and H. A. V. Post, of Post, Martin & Co. The following resolution was adopted: "That it is the sense of the meeting that the sum of $200,000 is not an ad< quate return to the holders of certificates for the use of their equipment by the receiver." This refers to the $200,000 per year on the principal payable under the recent order of Judge Jones. New York City Assessments. The Commissioners of Taxes and Assessments Messrs. Coleman. Donnelly and Feitner have Fent to Mayor Grace their report, embracing a summary of the transactions of the department for the oflficial year. This year begins with the assessment of property for purposes of taxation by the Deputy Tax Commissioners on the first Monday in September, and terminates with the delivery of the assessment rolls, certified by the Commissioners, to the Board of Aldermen on the first Monday of July, as re<iuired by law. The report opens by giving a comparative statement or the assessed valuations of real estate by wards and of per- which — — sonal ebtate for the years 1884 and 1885. Wards. First Second Assessed Vul- Inereiue tialion. IBS.?, Heal Bi.lnle. *70.«36,8I4 34.202,140 Orer l>^^4. Heal Kxlnte. flS.vtU.slt 3,«71,3I9 Tlilrd S8,294,i 00 2,305,11!) Fiiiinli FIfili Siitli 13,151.80» 45.539.»79 H4i»,.<03 S«vpnth ElKlith Ulntli Tenth ElevBiitli Twelflli TlilrteentU Fourteenth Fifteenth Bixtcentli Beventetuih ElKllt.enlh Nlnelwnth Twpntidh Twenty llr«t l-wenivnocond Twenty-thlni Twenty-fuurth Total real estate Personal Estate. Resld.nt Monn-i'i'lent BUareUoldcrs or banks Total personal estate :^3.!)71.441 1«,634,R.'S9 3S,45?.209 2l',039.766 1 .!»0'.).0.^n 1.310..353 2>-8.4G7 431,'>11 24r..9^2 17.437.0^5 2(I!>,1.51 16..'i77,370 121,90.'),690 6,7i3.2'i."> 76,227 1(!1,730 10.187.345 24.312.215 5S,189,266 37,033.514 33.184,931 77.090,378 Deo. 13r>.-,li. 2,245.015 198.29fi.968 5.M>1.02i' 4«.9.'S4.495 88,.341.3H 95.178.889 18,5.59,0^9 10,272.115 $1,168,443,137 Assessed Vatno/ion, ISS.l. 347.423 1V5.108 K(Ki.59« ««1.723 144.313 ToUl $18,817,051 Di crease /rom 1884. $132.2^7.930 9,669.643 60,746.291 $9,367,479 $202,073,806 $15,862,880 9it0.930 &,r,04.47; IBS'". »127.«78.542 $141.62.^109 $1.(2.257,930 10,715, .533 10,iitlO,572 0«,2.'j0.765 ».'69,6-l2 59,157,4X0 Blmri'lK.Ulersoflmiiks.. The assessments upon 60.716.294 $202,673,806 the shareholders of banks since 1878 $197,510,495 are given as follows «77,<I5(>,395 1873 7«,*-97.%"0 1874 73.: 9(1,989 1875 8.^.11.1. 116 1876 14.274 73.1377 $2 18,.->36,710 : ' i I I I 179.320 68.082,970 lt,78 fi,'. 1879 1890 »55,601,«K»7 1881 1882 1883 1884 le85 58,»24,H94 r>7,yu.r,lit 59,1^2.420 «6.2.'.o.7a.5 60,746,204 The decrease of |.'j,504,471 in the assessed value of bank shares since 1884 is chiefly attributable to the suspension of the Metropolitan National, Marine National, and Wall Street banks during the past year, and to the increase in the assessed valuation of the real estate of various banks, which assessed valuation has to be deducted in estimating the value of bank shares for purposes of taxation. These two causes contributed $3,766,453 toward the decrea.se, th« balance being caused by depreciation in the value of the shares of certain banks and the increase in the amount of assessed valuations of said shares sworn off by the holders thereof on account of increased indebtedness. New York & New England.—The exchange of car trust certificates into second mortgage bonds under the terms of the compromise is going on well. Since the election of Messrs. Hart. Fitz and Kingsbury as members of the board of cartrust managers, June 29, $233,000 certificates have been received for conversion, miking the total amount thus far sent in for this purpose 1863,000 out of the total of $1,24 l.OW, and leaving only $378,000 which have thus far not come in. Judge Shipman heard the application of the managers of the car trust, for an order to Receiver Clark to permit them to S"1I the cars of the trust, in the United States Circuit Court at Hartford, on July 9, but no decision is yet announced. New York West Shore & Buffalo.— Mr. Ashbel Green. Receiver of the North River Construction Company, has filed an answer in the suit of the United States Trust Company for the foreclosure of the West Shore mortgage. The answer discloses some of the interesting questions that are likely to develop in the foreclosure proceedings. Following are the principal points of the document: Firu*— The North River Construction C'lmianv expRnded about $7,000.000 more than was required under the contract to build tlie road, and thin sum Is a prior lien on the West Shore properly, or rertain parts of It. The debt to the North River company is claimed to be a prior ll?n to the Went Shore tlrsts. „, . „ , Se'Oiirf— Receiver Green holds 589 b.inds of the West Shore A ITudBon River Railway Conipuny and 3d bor:d8 of llio New York West Shore & Chieago Riilioad Company. Tlie«e bonds are a lien on iv portion of the West Shorn property In Orange County and the United States reserratlon at West Point, and are claimed to be prior liens to the West Shore Third— the receiver holds 988 shares of the capital stock of the West & International Bridge Company, which is the lawlul owner of part of the West Shore prop, rtv In Erie County, and the receiver "a cialm on this stock and proiwrty is alieited to be superior to the claim of the United States Trutt Company as Trustee of the West Shore first mort- Shore jTHfre bonds. J?oni7A-The Receiver holds and owns $2,363,950 first mortgage oouwhich are n j>rlor lien to the flrst mnrigsRe honds themselves. FiCfft— Receiver Green takes the Rround tliat the Now York State Supreme Conn hiis no jnri.sdiction to order the sale of that part of the West Shore Kaiiroad Company'* property situated in the State of New Jersey, and which is eovered by the mort(raee. Siith—Jhe principal of the mortgage, it Is claimed, has n-ver been legally declared to be duo. and the BOtlon to foreclote was prematurely hnnuht. The trnsti^o has been directed to d'smiss the present suit because the holder of the coupons on which the Bult was brouxht has waived the default. The Philadelphia committee of bondholders has formed a new plan for foreclosure and reorganization, which seems to be substantially the same as the plan of the Taylor Committee. It contemplates a prompt foreclo-ure. and the union of the bondholders to be represented at the sale to prevent outside persons securing the valuable property at a merely nominal price. The bondholders signing the Philadelphia plan do not agree to hold their bonds nor to deposit them in trust until after $26,000,000 have been pledged to the scheme. Copies of the plan poi.s, — and other information can be obtained by addressing the Secretary, Mr. R. H. C. Hill, 303 Walnut Street. Northern Pacifle. Approximate land sales of the Northern Pacific for the month of June, 18H,5, with corresponding month of the previous year were as follows: — ruwn 4.i4'i,283 2,928.804 SSS.SCi 18^4. ISfcS. Up«ld<>nt NciD-riMildent June, 1885... June, 1884... Acres. AmoHtit. Lots. 51.-a7 32.339 $j35.6i7 191,100 $1,270 4,945 •$3,675 $44,521 Total increase. 1885.... 18.8.-i8 this year, $t 60 , last year, $5 09. $40,846 Average per acre * Decrease. Texas TrnnV.— .\t Dallas. Tex.. July 7, the Texas Trunk Railway was sold for $110,000 to Messrs. J. E. Snyder, W. J. Keller, J. E. Henderson and others, who held a judgment against the road. : . THE CHRONICLE, r52 [Vol. XLI. COTTON. Commercial Simes. Friday, P. M.. July 10, 1885. as indicated by our telegrams from the South to-night, is given below. For the week ending this evening (July 10), the total receipts have reached 1,262 previous Friday Night, July 10, 1885. bales, against 1.643 bales last week, 2,155 bales the improved crop week and 2,877 bales three weeks since; maJcing the total •Warm rains in middle latitudes have greatly which were very receipts since the 1st of September. 1884, 4,719,543 bales, agamst prwpects, especially for corn and roots, the same period of 1883-84, showing a drivers at 4,794,874 bales for street-car the of strike A backward for the season. decrease since September 1, 1884, of 75,331 bales. practically being Chicago has been adjusted by their demands Total. Fri. Wed. Thurt. Tiiea. Mon, Receipts at— Bat. at Cleveland is met. A serious strike among iron workers S:he The Movement op the Okop. COMMERCIAL EPITOME. dull trade, when It is now the seawn for resorts, but an early summer the for deserted the cities are and brisk opening to fall trade is generally anticipated. week, the Lard futures were quite depressed early in the quite times being at way speculative in a BtlU in progress. selling movement 6-73o. heavy; but prices to-day took a steadier turn, closing at 7c. for and September for 6-90c. August, for July, 6 77c. for for prime October, and lard on the spot closes firm at 6-50c. for the refined for 6-90c. and 6 Western prime for -750. cify, steady Continent. Pork continued to favor buyers but closed at 50@$13 |9@ 19 25 for extra prime, 111 25 for mess and |13 Cut meats were more active and firmer— pickled for clear. 9^@10i^i. bellies 5%(a5?ic., shoulders 4;g@5o. and hams shoulders at 5;g and llj^c. at quoted lOJ^® Smoked hams are @6c. India mess beef is dullat |19@$n per tierce; extra mess quoted $11 and packet |12@|13 per bbl.; beef hams are firm at $23 per bbl. Tallow has been dull and closes easier at 5 5-16c. Oleomargarine is quoted at 6?^@7c. and stearine 7K@8c. Butter is firmer at 16@21c. for creamery. Cheese also firmer at 6@8}4C. for State factory. The number of Bwine slaughtered at ten Western towns March 1 to July 1 was 2,871,334, against 1,940,888 at the same towns for the corre- sponding period last season. The following is a comparative summary of aggregate exports from October 27 to July 4 .lbs. 37.107,800 ' - - Iba. 31 1.0i8.38.5 1883-84. 27.4)8.000 247.2C0,i)29 206,64^,213 140.925,992 18*^4-8^. Pork Bacon Lard 11)8. Ino. 10,159,200 Inc. 63,847.4=^6 Inc. 59,722,221 There has been less activity in cofifee on the spot, but prices are firm, with fair cargoes Rio quoted at 85^c. Options have been only moderately active at prices indicating an unsettled tone, from their irregularity, closing at 7'05c. for August, Raw sugars have 7'15c. for October and 7-25o. for December. This was especially true on been at times very active. Wednesday, but close quiet, with fair to good refining quoted at 5}4@5l4c., and refined at 6%c. for standard "A" and 7c. for crushed. Molasses has been firmer, cbsing at 21(3 2H^c. for 50deg. test. Teas are dull; there are sellers at the close at 219^0. for standard Japan for August, 22}^c. for October and 22J^c. for December. Kentucky tobacco has been very quiet, the business of the week being limited to 100 hhds., of which 60 for export. 8 G • -.• .... Galveston Indlauoia, Ac. New Orleans... 16 2 42 20 4 5 1 3 280 38 14 3 .... Brunsw'k, 4o. ... .... .... .... 1 4 3 1 9 51 2 15 45 45 .... .... .— •..• .— New York .... .... Boston Baltimore 39 week 69 97 30 15 ..*. 1 .... .... ei 15 3 40 631 288 1.006 3S4 4 Phlladelp'a, Ac. .... .... 15 ...• Totals this 32 5 Charleston Pt. Royal, &0. Wilmington.... MoreU'd C.,&0 Norfolk West Polnt.&o .... .... .... Florida Savannah 35 15 448 29 17 15 58 4 61 5 15 5 215 751 .... 72 751 254 1,177 74 1,262 2.862 Forcompanson, we give the foUowinsr table showing the week's the total since Sept.l, 1884, and the stock to-night, and the same items for the corresponding periods of last year. total receipts, July 10. 15 New Orleans. MohUe Florida Savannah 1,443 320 78« 1,935 9 197,283 6,310 2,, 18 6,130 1,411 206.449 6.310 4,037 7,328 257,180 282,540 1.177 2,«fi2 4.719.543 6.4.54 4.794,874 61 5 15 215 751 Total.... 1,361 3,102 60 1,139 M'headCAc Norfolk W.Polnt,&c, Sew York... Boston Baltimore ... PhUadel'a.Ac 15 32,675 417.308 13,705 91,746 12,658 578.059 221,896 106,002 184,369 30,799 65.984 Pt.Royal,&o Wilmington.. 1,776 1,696 510.991 7,593 93,610 9,62 551,199 283,036 68,036 82.392 42.139 52,864 15 45 Charleston... 1884. 8,475 570 1,512,844 321 253.095 42^888 99 653.601 8,084 1 10,8 17 Br'8W'k,&c 1885. 591,261 86 456,265 11.006 448 1,513,297 29 229,114 76.502 51 720.491 35 aalvestan Ind'uola.Ao Since S'p. 1, 1883. TKis Week. Since Sep. 1, 1884. This Week. Stock. 1883-84. 1H84-83. Beceiptt to 159 3 26 530 5 333 5,077 2 1,649 48.830 3,843 322 In order that comparison may be made with other years, ^ive below the totals at leading ports for six seasons. Receipts at — 1884. 1885. 50 8alvest'n,&o. 1883. 87 1881. 1882. 233 3,108 2.189 3,4-0 we 1880. 837 Seed leaf has been comparatively dull, the sales of the week Sew Orleans. 3,185 570 4,127 1,054 448 327 amounting to only 1,2.^)0 cases, as follows 400 cases 1884 Mobile 6b7 321 151 728 29 66-2 2,663 531 99 638 51 crop, Wisconsin Havana, private terms 150 cases 1884 crop, Savannah 94 706 900 60 162 167 Connecticut, 14(ai6o.; 300 cases 1881 crop, Pennsylvania, (Jbarl'st'n, Ac I2t; 26 17 35 93 WUm'et'n, Ac 6(a9c.; 150 cases 1833 crop, Pennsylvania, 6!^@10c.; 150 2.410 1309 Sorfolk, Ac. 533 466 66 1,691 cases 1833 crop, Pennsylvania, 8@13c., and 100 cases 1884 AU others.... 4,651 2.120 5.938 3,509 2,158 3,572 crop, Pennsylvania, private terms; also, 250 bales Havana, Tot. this w'k. 11.024 8.142 18.199 10.691 2,862 6,454 60c.(3$l 20, and 200 bales Sumatra, $1 20@|1 60. 4S66,895 The speculation in crude petroleum certificates was very Since Sept 1. 4719,513 47;t4.874 5Hl5.«t86 4639,715 5722.04.^ Galveston includes Indianola; Charleston Includeis Fori Royal, Ac; active and excited early in the week, the price touching $1 03, Wlluilnirtonlucludes Morehead CSty, Ac; Norfolk Includes West Poiut.Ao. from which figure there was a reaction to 95c.; but to-day The exports for the week ending this evening reach a total there was some recovery with the final close at 97>8@97i^c. of 27.049 bales, of which 11,651 were to Great Britain, 4,858 Crude in barrels quoted at 7J^@73^c. refined in barrels for to France and 10,540 to the rest of the Continent, while the stocks as made up this evening are now 257,180 bales. Below export 81.^ (a8%o., and in cases gj^'Q lOJ^c. naphtha 7o. The are the exports for the week and since September 1. 1884. speculation in spiiits turpentine has shown renewed acWetk Ending July 10. From Sept. 1, 1884, to July 10, 1888. tivity, with sales for the summer and autumn months at Exported to— Exported to— 87-%(a3Sc.; but the close is quiet and somewhat unsettled. Bxfiorts Oreat ChatiContt- Tbtal Oreat Eosms are barely steady at $1 20(3$! 25 for common to good from— *>^«« FtaTice Total. ne7it. Bra'n. nent. Week. Britain. : ; ; ; strained. The movement in metals continues unimportant, and at Kxchanee pig iron certificates were dull and un- to-day's changed; bids ranging $15i^@$155^, and fl«i^ asked. Tin closing further advan<-ed at 2J-25(a22 75n. spot, and 20 05@21 25c. futures; 10 tons S-pt. sol.1 20-75c., 20 tons Aug. old at 21c. Tin plate firmer at $4 40@$4 65. Copper quiet. Like closing st-ady at 10-8.'5@ll-10o., B Ito. at 10-35 JIO^.; Orford at 10!^(a)10-4.5c. Lead firm at 4-05@4-20c. domestic. Sp-'lter quiet at 4(a4Vic. domestic. Orean freigtits nave been at times quite active in grain shiiimenta and petroleum charters, but the close i^ quiet, the busint 8s to-dav being limited to grain to Liverpool 2i^'i. and to fjlasgow 8V^ 1. p-r bush., and oats to London l->. 41. per quarter. Lhii- petroleum charters include refined. Phil.-idelpma to Antwerp, 28. 7a., and crude hence to Dunkirk 3d. l^d. stronir. Qalveaton 157.1148 New Orleans.. MoMle S.510 608 4.018 florida. Savannati Chariest CD*... WilmlnKtOD... 8132H0 .Sorfolkt New York BoBton Haltlmore... I0.!i97 . etalladelp'a,&a 10,033j 21,077 800 800 2141 254 ll.eSl \KKUH 4,853 —10 MO 483.156 128,813 122.761 Ol.Olh 6.375 46,238 8,087 t Includes exports 64.145 281.418 331.502 1,320.646 700 43,830 3,585 199.256 390.868 839.986 153,515 14.1 >4U 68.868 25.(170 S45.S05 714,108 184,711 670 129,383 40 871 166,709 5.816 66.834 £7.049 2.401.504396.123 1,020,796 3.t'18.S13 - 100 31.180 40,747 ,2,889.051 165.244 Include)* exp'triB from Port Koyal, 4o. Total ' 1,318 "9^619 692.297 296,848 43.130 S.58S .... 179.903 11,699 164.211 22.259 61.822 from West Polot, Jto. 914 196 3,788.491 JutT U, THE CHRONICLE.^ 1886.] In addition to above exports, our telegrams to-night also give ns the followinjc amounts of cotton on shipboard, not cleared, at the ports nameii. We add siniiliir tif^res for New York, wWch are prei)ared for our special use by Messrs. Carey, Yale & Lambert. »d Uroad Str<«t. Tmc Sales and Priokb or PrmnuES we iihown by the follow* tag oomprehonsive table. In the statement will be found the 'laily market, the prices of saUfs for (Mich month rvw-h day, and the closing bids. In addition to the daily and total sales. |3gi On Shipboard, not eltartd—for JuLr 10, Leaving AT— Oreat Britain. NewOrleiuis 2.638 Mol)ll« Noiio. CbHrloHton None. None. None. Nonp. s.ooo 2.500 Baviiiinith Oalvt^Mtou Norfolk «ew Vork OUier ports n„„,. '^"^- Total 1884 10,085 15.096 ToUl 1883 Tho speculation m-,^ ^'<"- Orxutwlte. Jn»-etan 8to6k. a" 542 245 Noiii?. None. None. None. None. None, 3,300 None. 200 None. None. None. Nouo. None. None. None. 3,121 None. None. Non.v None. None. 8.300 2.700 IP8.gM3 12.804 None. 4,012 215 14.425 242.755 1,123 4.000 3.093 l.%0 15.351* 2.902 22 9S4 2G7.182 310,K86 None. None. None. None. None. None. 10,138 Total 1885. Olher 1.8 •? 29.250 5077 53 T'-oSi' mi nii ml Ul% hii f'oS'^ i"*?.. m nil 8E 1.361 1.(140 1.r>9« 1 .9^5 in cotton for future delive ry at this marlcet ^ has been rather quiet for the week under review, with price and showing some variable quite Foreign irregularity. home market very advices have been quite steady and the good, but the favorable crop accounts hare ex erted an oppos- On Monday T)g influence. there was ited olterings compelling holders of some advance, the lim- peremptory orders to pay more money. OnTueaday and Wednesday the mar ket opened easier and closed dearer, especially for this crop. On Thursday the depression in futures at Liverpool and dull accounts from Manchester caused an easier opening, followed by a furTo-day there was a fresh ther decline and a dull closing. most decided in the early months. decline, spot has been in good and very firm fair export, terday, demand when for Cotton on the home consumption, with were maintained prices holders showed more di-sire a until yes- To-day to realize. the market was quieter, middling uplands closing at IQijC forward delivery for the week are 133,200 For immediate delivery the total sales foot up this week 6,044 bales, including 1,650 for export, 4,394 for consumption, bales for speculation and in transit. Of the above, were to arrive. The following are the official quotations for each day of the past week. The total sales for bales. — Sat. Ordln'y.T^lb Strict )nl.. I Good ; Oi-d.. OM Ord >, S LowMildV Btr.Lw 13 .Uld Ml<tdlin«... 6oo<l Mill . Btr. » «M Mid MlddV NEW ORLEANS. UPLANDS. July 4 to July 10. Btr. — — Fair Fair : |Wed ITIon Toes S^t 81116 i>H «'» 103,8 103a lOia 10i>,a Ws «'* ai>,« 9'« 978 IOS18 1038 10>« 1011,, lO'a 11^4 ll'e ll'a 8'>i« im STAINED. Btrlot (Jooil 813, f 9»R 938 10 1 n 838 SlSj, »"8 , lliii lOSg 1058 1013,8il013i, 11 11 1138 11% 12 12 • : ! Wed Th. Fri. 8^ 8n,8 8% 8% 8'3„ 9»8 9»» 813,8 »»B 8»8 Si'ie 90a 10*18 105,8 lOwi 104 lOSg '10=8 lOiSie lOiKjc 11 111 113» !il38 9»8 10 10 106,8 101s 10S» 1(>5,8 105,8 loin lOlfl lOii u>\ 103r 1(168 10 10S„ 10»a,,iois,e 1013,8 1013j, 11 111 11 11 1138 11138 H3a 11% 13 12 12 12 12 Sat. JHon Taea|Vred Th. Vb 8»,8 9% 7''8 8»>8 93a 10 10 10 8i»ie 10 12 day. ,,,.,,,, 11. la 83« Holi, 105,, FrI. 10 10 1 3 838 8'»1« »38 10 106,8 10 t^ 10=18 105,8 104 10>i lOSg lOSg 1013,6 1013,8 11 11 113» 113« 12 12 ^Ib. Ordinary I.OW Miililllng Middling. ...V i>l»lfl 9»B 10 tA 838 813,, Wed Th. 8>4 8'ii, 91a 9h Btr.u'dOrd 9'fl 9^8 9^8 Low .Vldd'g 10»i, 10»|8 103l8 Btt.L'wMJd 10% 1038 1038 HlddliiiK... 10>s lO-a 10>a Good .Mid.. IOU18 1011,8 loUie Bir S'dMld lO'g lO's lO's Hldd'g Fair ii"* 11m 11 ''9 Fair ll's ll'e Good Ordinary 8% 8S(. ; Fri. 8>4 nion Tae* 1 im Xl». 8I4 Siiie 9>« Ordln'y »•> BtriclOrd.. Good On!.. TEXAS inou.Taeii| Sat. Sat. Fri. 7''8 7'8 r3j« 1%' 10 10 HABEET AND SALES. rhe total sales and future deliveries each day during the week are indicated in the following statement. For the con. Tenienc« of the reader we also add a column which shows at a glance how the market closed on same days. SAUM OF SPOT AHD SPOT MARKET CIXMEU. Ex- Bat.. Mon. Quiet... Kiiin Wed Finn . Tran»m. Total. .FUTDRM. Steiidy .500 130, 920 4U8 .... <^uiet 1.650 4,394 .... DM*, Sola. Holi dav-. 606; 519 ....'1.290 1.2.'>7 Total. The 8j>ee- uim 400 . . Oon- tump ! Toea. IW. 1 port. TBAMSrr. trie*. 1 1.290 1.657 1,420 558 .... 600 32.000, 18.000! 2,500 900 2 1, "1)0 26.3 >o; 40O 35,200' 1.000 6,044 133.200 5.400 di^Uvenea driven above are aotually delivered tbe day Previous to that ou wlilcU tbey are reported. <Iaily • Includes 8»Iefl in SepteiulMsr, 1884, for 8«'ptenit>er. l5d,2oo; a«puM]l. ber October, h»r October. 421,800: ftepteniber-Noveiuber. for November. 582,200; 8epl4Mnl)er-Oe4;eml>*<r. for December. iKJ7,8i)0: Bentember. JanUHry. for jHUiuiry. 2 U4,lc>0; SeptiMuixir-Febriinrv. for February, 1.95K.200; Soiitenibcr-M»rch. for Manb. 2.2^(4. loo 8<n>'«"ilwr-A|>rll, for April. l.TaH-^iO; S.«ptember-.Mdy, for May. 1,878,500; Soptember.Tunc, for June, 1,800,700, ; 17* We have included In the above table, and ahall oontlnae eaok wwi to irtve, the averaKc price of future* each day for each month (t will !•» found under each dav f.dlowini; the abbreviation •' Aver. Tho average for eacb month for the week 1h alao iriven at bottom of table. Moiid:iv. 10 40c.: Tuesday, -o.: Tr.»n«ferabie Orders—Hntunlaj-, 10-40C.; Wedn<»day, 10-450.; Thursday, 10-40o.; Friday, 10-35e. ' The following exchangee have been made during the wee)is -48 pd. to excJi. 200 Got. tor Aug. 02 pd. to exob. 500 Dot. tor Jan. | — : • THE CHRONICLE 54 aa made up by caole stocl^ aa well a* and teleCTaph, is as foUows. The Continental week retume. are this 3 those for Great Britain and the afloat, brought dowr and oonsequently all the European fiffures are make the totals the comolet* to Thursday evening. But to Tmt Visible Sdpply of Ctorros to-night, item ofexporta frcm flgures for to-night (July 10), we add the includins: in it the exports of Friday oniy. tfik United States, including the TTnit^l 1832. 1883. 1884. 1885. 887,000 SM.i.OOO 8 28,0110 825,000 t>al6». Btook »t Liverpool 6J,300 52.100 53.000 la.uou Btook»t London Total Great Britain stock Btook at Hamlmrg 844,000 . .f-2SX 1?'AXX **'VaA *oo Btm'kat Bremen Stock Stock Btock Stock Stock Stock Stock Stock at at at at at at at at Am sujrdain KotteriUuu Antwerp Havre ,„_??? 1^!'9?9 MarselUes Barcelona -rSxS n'XSi S'UXJ 7,otx» Oeui>a Trieste 336,000 Total Continental stooka 910,000 1,047,100 3,400 4,500 50,600 70,000 35.000 51,000 2,300 aoo 8..500 3,400 134,000 220,000 9,900 6.000 8-,000 63,000 18.000 U,000 12.0 >0 12,000 897,500 2,300 21.600 3>il,700 216,400 443,300 1.200.000 1,383,800 1.408,800 2(5,000 251,000 lodla cotton afliiat for Europe. 179,000 101.000 76,000 81,000 for Eurpe atloat c<itt'n Amer'n 38,000 22,000 5.000 EKyi>t,Brazil.A(;.,a«tforE'r'pe 353.674 2S2,510 25', 180 ports States United Stock tn 26,7t>6 59,633 23.390 Btook in U. 8. Interior towns.. 2.300 11.000 2.;O0 United States exports to-day.. Total European stocks 14. .500 1.900 600 133,000 1.200 24,0d0 11.100 5,700 1,1 1.?,90(> 323,000 103.000 20.000 2i9,3.55 2,000 2.056.100 2.238.407 1, 820,994 Ol the above, tbe totals of American und other descriptions are as follows; Amenean— bales LiTdrpool stock Continental stocks Anieric*n afloat for Europe... Unlte»l States stock Itotikl 353,674 5 ',633 4o American 925.094 341. 00< 69,500 323,000 53.000 167.800 251,000 22,000 35,000 112,400 323,000 20,000 751,300 531,000 816.800 1,213,770 1,239,306 l,4»ti.607 895,90J 923.09 I 27.i.000 1,719.770 2,056,106 2,233.407 1,820.994 Total Visible supply 61Sj«<l 5»8'1 Skd. e^i^d. Prion Mid. Upl., Liverpool 12^80. lie. lO^sc, Price Mid. Cpl.. New York.... 10' i.e. The imports into Continental ports this week have been ly Galveston... IOI9 10^ 1018 lO^a New 10 10 10 10 Orleans. Mobile Savannali .. Charleston . . 9'^1« 101,6 . .. Wedties. 9'5l6 to 10 lOH lOH 1014 lOH 10 >« IQlS loa« toifl 10i>9 10 >8 o lOSs iOH 10% 10% 10=8 10%, 10% 10% 1014 10 le lO^S 1014 1019 10>4 10>« 1039 a 10% 8t. .Memphis Louis 10>4 Cincinnati... Louisville lO'-s 10a« lo>e 10>4 ID'S 1038 10% Auf,'usta 1C38 10% 10 916,g 10 10 10 10 10 10!>8 lOis 9i6ie 9'5ie 10 10 S )>, Norfolk Boston Baltimore Philadelphia. 10>4 10 >« IOI4 101, lOSg 10!>g 10% 1014 10% 10 >4 101 1038 Amount of Cotton in Sight July 10.— In the table below we give the receipts from plantations in another form, and ad d to them the net overland movement to July 1, and also the takings by Southern spinners to the same date, so as to give substantially the amount of cotton now in sight. 1883-84. 1884-8.^, 1882-83. 1831-32. I 1,719,343 4.791,874 5,913,936,4,633,713 Receipts at the ports to .July 1 Interior stocks on July 10 iu •17,215 52,277 •J,97l 11,496 excess of September 1 Tot. receipts figures indicate a decrease in the cotton in sigh) to-night of ;>00,:J36 bales as compared with the same date ol 1884, a decrease of 488,037 bales as compared with the corresponding date of 1883 and a decrease of 71,321 bales as compared with 18S2. The above — Towns the movement that is the receipts since Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding period of 1883-84 is set out in detail in the following statement Interior for the week and — from planta'tus i,731,039i4,777.;59 5,963,263 4,629,744 637,ti93| 464.336 60i,566i 573,6'i 2dl,0i)0 292,000 318.00) 220.000 1 Net overlautl to Jul.v 1 Southern consumpt'nto July 5,597.60.5 5.613,261 6,923,961 ;5.323.0-0 Total in sight July 10 VortUern spinners' takings to 11,337.248 1.517,327 1,632, lOl'l,570,Hl July 10 I * Deorc ise will be from Sflpteraber 1. seeu by the above that the decrease in amount In rt^ht as compared with last ye»r. Is 45.659 baleit. the d^ii'roase from 1882-8* is l,3i6,356 bales and the Increase over 1881-32 is It to-nisilit, 274,525 1.5,000 bales. At the ri<e». Salur. FH. Thurs. Mon. Wilmiugton OS- CLOSISO (jnOTATIOSS FOR HTDDLl:<a COTTOS Week eyiding July 10. 22t».3'.5 253.000 52,100 133,700 218.000 19.000 113,000 179,000 5,000 afloat Total East India, UPl.OOi) 1,215,770 1,239,300 1,486,607 Europe iSo., QUOTATIONS FOR MiDDLIKO COTTON AT OTHER MARKETS.— In the table below we give the closing quotations of middling cotton at Southern and other principal cotton markets for each day of the past week. <ee. Continental stocks rnrtla atloat for 487,000 74,000 103.000 742.000 223,000 i9,7J9 2,000 . Etjrpt, Brazil, 564.000 276,000 76.000 282.^10 26,766 14,00 J 2 300 Uolted States Interior stocks. United States exports co-day.. Total American Katt Itidian, BrazU, Llvenwol stock Londonstook 607.000 213,000 81.000 257.1^0 25,390 2.200 b ilea less than at the same period last year. The receipts at the same towns have been 1,203 bales more than the same week last year, and since Saotember 1 the receipts at all the towns are 235,743 bales less than for the same time in 1383-84 20,739 1^9,770 supply Total visible [Vou XLI. bales. Weather Reports by Telegraph.— Our telegrams from the South to-uight indicate that with hardly an exception the weather has been particularly favorable to cotton during the week. In Texas the outlook"at this time is exceedingly gratifying. — Qalveston, Texas. It has rained on three days of the week, the rainfall reaching fifty-one hundredths of an inch. Average thermometer S^, highest 90 and lowest 76. Indianola, Texas.- -V7e have had fine showers here on five days of the week, and up country the rains have been harder. Tlie rainfall reached one inch "and sixty-two hundredths. Crops could hardly be more promising. The thermometer has averaged 83, t'le highest bei:ig 91 and the lowest "ti. Palestine. 21s.ro*.— There have been delightful showers on three days of the week, and the indications are that they The rainfall reached two extended over a wide surface. inches and thirtj'-five hundredths. Crops are magnificent. The thermometer has averagpd 81, ranging from li to 90. Huntsville, Texas. We have had splendid showers on three days of the week, the rainfall reaching two inches and fifty hundredths. The crop is developing promisingly and farmers are greatly encouraged. The thermometer has ranged from 73 to 94, averaging 83. Luling, Texas. There have been delightful rains on two days of the week, the rainfall reaching two inches and fifty hundredths. The crop is developing finely. Average thermometer 83, hiahfst 91 and lowest 71, Columbia, Texas. We have had hard and welcome rain on two days of the week, the rainfall reaching two inches and All crops are d^jing well and are very fifty-four hundredths. promising. The thermometer has averaged 80, the highest — So ifr. w ..I -4 ~» t-'i^to^.i- *..^at y tc 01 IS. ST ^tvaDCOrf^<lc:3;^^t,.cc UK <>:: • . • w: co; »*cow ; <ICO >-• — WGDM — 3«; ex ^ — xto. , — C. *. O: - ** 3D ^1 - CC *. tt C caCMODCcvii^Cc:' rf* *--8 *> - e i» 01 'fc — -J O -^ C» -4 wV'Vi '*. Vj 3; o- :/• «^Xo ifc' V>^ » — odV- tc c; c; ':o *- O ti t. C". X I*- 'Ci- s". t-i i. being 91 and the lowest 72. Brenham, Texas. It has rained splendidly on three days of the week, the rainfall reaching two inches. Crops are now very promising. The thermometer has averaged 83, ranging from 69 to 97. have had delightful showers on two Helton, Texas. days of the week, extending over a wide surface. The rainfall reached one inch and nine hundredths. The crop develops finely. The thermometer has ranged from 56 to 97, averaging — o I? tc *- CO — w cc —We 78. WW OOt- — Weatherford, Texas. It has been showery on one day of the week, the rainfall reaching one inch. The rain was not needed, but no harm done. Crops are fine. Average thermometer 76. highest 93 and lowest o3. have had one shower during the week, Dallas, Texas. the rainfall reaching thirty-eight hundredths of an inch. Crop prospects are first class. The thermometer has averaged 83, the highest being 97 and the lowest 70. ZVew Orleans. Louisiana. It has rained on six days of the week, the rainfall reaching eighty-five hundredths of an inch. —We I wV. to; — to H — r.'Mi- *-'b ' ; OD'fc--)r "-"rcb ee-iOKuc.<j I •rius year's liKures estimated. The above totals show that the old Interior stocks have decreasid during the week 4,037 bales, and are to-iiight 1,370 — The thermometer has averaged 83. Shreveport, iouiVJana.—Telegram not received. — July THE CHRONICLE. 11, 1885.1 Meridian, Mississippi.— Vfe have ha<] rain on five reached s^iventy-live hundredths of an inch. Tho thermometer has averaKcd 78 (!, the luKhest being 00 and the lowest 70. Little Hovk, 4 r/ca»W(W.— Telegram not received. Last week it was cloudy moat of the time, with liKht rain on two days, the raiiifall reaching thirty-one hundredths of an Crop inch. proB|R'Ct8 were favorable in all parts of the State. mfm tMpmSHtt/^ M« WM*. daya of tho wwk. Worms are rcp<>rte<l in Bome localities. The theruiouif tur has raii^wl from 71) to U."). Volnmlms, i/t«.vi.v»;>/>/.— it has rained on two days of the wi'olt, the rainfall rfachinjj ono inch and five hundredths. AveraRO thermoiiietor HO, hiK>ient 94, lowwst 00. I.tlaud, Mississii>pl.—Thn weallier has been qiiite warm during the week, with lit;lit rain on three days. The rainfall Oreat Ooniinent. Britain, sHll tltut Srtal /mifif 1. I SrUain. '.OoHMnmU. Total. total. Oiklontta— S4.400 87.S00 188ft IH*-* 4.000 13,S00 ISHIi 500 BOO 1881 other*— 1885 1884 IS.OOO 41,200 00,40) 1Z4,70> 1,600 IS.ltfO 21,000 9.2U0 47.100 89.000 5i.000 120.50O 164,500 4.000 1 All 600 600 23,100 13,&00 2A70O I roUl all— 600 500 eoo 188!» 600 1«84 81.500 llt,500| The thermometer ranged from 03 to 91, averaging 77. During The above totals for the week show that the movement from the month of June wo had rain on ten days, and the rainfall the ports other than Bombay is 10(1 bales more than same reached three inches and eighty-one hundredths. The therweek liist year. For the whole of India, therefore, the total mometer ranged from 3!) to t)2, and averaged 77. shipments since January 1, ISS."), and for the corresponding Helena, Aikiimas. — We had rain on tliree days in the early periods of the two previous years, are as follows: part of the week, and the latter portion has been clear and EXPORTS TO EUROPE FBOK ALL RIOIA. pleasant, hut hot. The rainfall reached ninety-two hundredths of an inch. The crop develops promisingly. The thermometer 1884. 1883. 1885. has ranged from "0 to 93, — Memphix, averaging Bh'mnentt Europe from 79. to all Bombar highest All other porta. lowest oi. lius/ioille, Tennessee. It has rained on three days of the week, the rainfall reaching three inches and twelve hundredths. The thermometer has averajjed 78, the highest being 91 and the lowest 59. Mobile, Alabama.— It has been showery on five days of the week, the rainfall reaching seventy-four hundredths of an inch. Til.) crop develops sa' isfactorily. The thermometer 9.j, — has averaged 7S, rantci i from 07 to 90. Moiityumfiy, Alabama. We have had delightful showers on tivo (lays of tiiu week, and the indications are tluit they extended over a wide surface. The rainfall reached ninetytwo hundredths of an inch. The crop is developing promisingly. The thermometer lias averaged 77'9. Helma, Alabama. It has rained severely on three days of the week, the rainfall reaching one inch and ninety-five hundnnlths. We hear rumors f the appearance of caterpillars but think them of little ini|.oriance. Average thermometer 80, highest 93 and lowest 71. Auburn, Alabama. Telegram not received. Madixon, Flonua. The weather has been very warm during the week, with rain on t »vo days, tlie rainfall reaching one inch and fifty Imndredths. The thermometer has averaged 8f, ranging from 78 to 98. Maeon, Georgia.— It has rained on five days of the week. Crop accounts are less favorable, and it is claimed that some land will have to be abandoned on account of grass. UolumbiM, tieoryia. We have had no rain all the week, and it is needed very much. Average thermometer 81, highest • — Total — — 89, Ion est 70. — Satauuafi, Georgia. It has raiced on four days and the remainder of the week has been pleasant. The rainfall reached three inches and sixteen hundredtlis. Crop reports generally good, but rain is needed some sections. The thermometer has averaged 81, the highest being 93 and the lowest 71. Augusta, Georgia. The weather has been warm and generally dry during the week, only one light rain having fallen. the rainfall reaching two hundredths of an inch. Kain is needed, but accounts are favorable, the reports being that the crop is clean and developing finely. The thermometer has avenigeil 80, ranging from 61 to 97. Atlanta, Georgia. There has been rain on three days of the week, the rainfall reaching one inch and forty -eight hundredt'is. We are having warm and fine growing weather. The thermometer has ranged from 64 to 86, averaging 75'7. Charleston, South Carolina. It has rained on five days of the week, the rainfall reaching one inch and five hundredths. m — — — YKAKIt. ir>,floo 7^<3.^00 5,500; 1,2 10,500 Oreat Britain Thif Total m-i.-., Contir nenl. 2,(x)o,i3.nnois.ooo 209.010 4»s,();)o Total. 603,000 1--:; J.IMIO s.o.'o 5.0;I0 ltl2.0(IO .^S2.0II0 I.OH.OIKI' 4,o 10 li.ooo cil.oooTr.-i.oiio 1.173.IMIOJ IS-^^ It.ilO.il S.OOO I •'-'I 3.ii'li) t7,001l'<J!>l>,000ir>.-,S<,0Oi) Wtel:. 9,no" (i,( ' Since Jan 1. 1 <\nn ,1) .111, I.a.i.^.OOO In.liii.- Accordmg to the foregoing, Bomlwy appears to show an increase compared with last year in the week's receipts of 3,000 bales, and an iiifirease in shipments of 10,000 luiles, and the sliipments since January 1 shew a decrease of 381,000 bales. The movement at Calcutta Madras and other India ports for the last reporte<I week and since the 1st of January, for two years, has been as follows. " Other ports" cover Ceylon, Tutlcorin, Kurracliee and Coconada, vieek. 1. AOO tinet Jan. 1. 1,1 lOO; 73.000 09.400 li.4O0 1,272.400 — Manchester Market. Our report received from Manchester give the prices to-night states that the market is firm. for t'>day below, and leave previous weeka' prices for We comparison. 1884 1885 Tvritt. !. a. May 8 8i„»8»8 1.5!3ii«<»8»8 •• " 22-3 •' W^'iH June.^!8 •• 12 ^ '• 1** A. CI. 10 10 «(J 9 5 G 5 ft aS»iB '5 as»i. 5 5 ^ 5 5 5 7lli6-S'i« 5 " 26 711, „. 87,8 5 July 3 T's aS'in 5 " 10'7"*l,^»«Jal^ 5»« 96 »6 »6 Mid. Vplit d s. »6 »6 i5 Uollday 29! Ootl'n 8>« (ftf. Shirtingi. 32* Oop. 9 !* 1l 1l «61l a Ootrn 32( Oop. S>t ll>: SKirlingi. Iwis.. a. ,1. In. (1. ». • n"«:5 6^97 » 9% 5 i>^»7 « »H 5 hi.i»7 5161, 8\ » 94 5 SHi*? 5i6iel8^ 9 9>4 5 S-sai? 5-.»,g 8=8 515,81 858 51B,«| 8h f>\ »% 51I1, 9»9 5«8 8»s Sliie 8»s ft»8 8=8 -a • » » 8I45 9'e » 9i« 5 9»9 5 6 Hi 37 rt. a 3 3 a. 63,8. 6-4 «»ia. :< 63» 3 83* mi 7'«»7 7 97 1 7 I «7 Xia. VpUt I 6'ie. 639 «»t» 6&,« » 9% 5 7 »7 1 »6 11 63„ EiTROPE.vN Cotton Consumption to July 1. By cable to-day we have Mr. Ellison's cotton figures, brought down to July 1. The revised totals for last year have also been received and are given for the purpose of comparison. The takings by spinners, in actual bales and pounds, have been aa — follows: From Oct. 1 to July QrecU Britain. 1. Continent. Total. For 1884-85. 2,433,000 4,91U.00<> 2,477,000 Takings by spinners. .bales 440' 441 436 Average weight of boles 1,099,783.000 1,060,788,000 2,160,576,000 Takings In pounds . For 1883-84. 2,496,000 5,205,000 2,709,000 Takings by spinners .bales 429 426 42& Average weight of bales.... l,162,10!».OOO 1,063.342,000 2,22.'S,751,000 Takings in poiuda . . lb. bales, the following shows the total takings and weekly consumption for the two years: Stated in 400 and the total Oct. 1 to July Bala of 4U0 lbs. December January February March InApill In May Tn June 1883-84. 1834-35. 1. each, 000s omitted. In In In In Receipt*. 12,000 663.000 120,600 5,0i)0| BOO — j 1,044.000 166,500 15,000 — — BOMBAY KKOKIPTA \SD SHIPMKSrS KOK POOR BMpmenlt tinee Jan. X. This week. Jan. Average thermometer 81, highest 9i and lowest 73. Columbia, tiouth Carolirui. Telegram not received. Spinners' stock Oct. 1. Slaleburg, Huuth Carolina. We have had rdin on three Takings to July 1 days of the week, the rainfall reaching eighty-four hundredths of an inch. The thermometer has averaged 77 '4, ranging Supply Consuuipt'n 39 weeks from 02 to 93. Wilson, North Carolina. It has rained on one day, the Spinners' stock July 1 rainfall reaching thirty-five hundredtlis of an inch. The thermometer has ranged from 04 to 90, averaging 83. Weekly Conmimption, 00« omitted. India Cotton Movement from all Ports.— The receipts In October and shipments of cotton at Bombay have been as follows for In November the week and year, bringing the figures down to July i). Slii/jments tliu icetk. ainee Jan. 1. teeek. This last statement affords a very interesting comparison of the total movement for the three years at all India ports. — — — nil Since This It has rained on five days of the I'ennennee. week, the rainfall reaching two inches and thirty-five hundredtlis. Crop prospects splendid. Average tliermometer 79, , , Total. Qreal Britain Continent. 152, 2,652, 241. 5,402, 124, 2,906, 401, 2,658, 2,830, 2,732, 2,804, 2,418, 5,643, 3.030. 2,761, 3,059. [6,089, 2,53.% 5,299, 107, 386, 403, Qreal Britain Continent. 89. 2.750, 72,0 72,0 72,0 72,0 72,0 72,0 70,0 62,5 65,0 62,0 62.0 62,0 62,0 62,0 62,0 62.0 62,0 62.0 5.1.%0, 134,0 134,0 134,0 134,0 134.0 134.0 132,0 124.5 127.0 I I 266, 72,0 72,0 72,0 68,0 63,0 72,0 72,0 72,0 70.0 524, 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 Total. 52.'>, 5,564, 790, 187,0 187.0 137,0 133.0 133,0 137,0 137.0 137,0 la.i.o has re\-ised hLi figures of consumption on the Continent by deducting 87,000 bales of 400 pounds each from the total for the first eight months of the season, thus reducing the weekly average to 02,000 bales. Tho deduction made last month from the consumption in Great Britain was on account of the stoppage of a considerable amount of machinery for a whole week at Whitsuntide, and we have therefore reduced the weekly average for Jfay to correspond. The weekly consumption in Jane for all Europe Our cable states that Mr. Ellison . : THE CHRONICLE. 66 against 135,000 at 127,0(10 bales of 409 pounds each, corresponding time 'ast yean bales of the same weight at the and on the ContiThe total Bpmners' stocks in Gr.-at Britain same date last season. nent are now 297,000 bales le=8 than at the h fUted The Ageicultuhal Department's July Report. — The With regard to New the Chronicle last Friday. include the manifests of all vessels cleared up to night of this week. M>u aud iu Va>zindt Couuiy, Texas, llio very abun laut lu Texas. The bull worm moth — Liverpool, per steamers City of Berlin, 871 Germanic, 8i9 Frand.sca, 1.354 Rome, 568 Wisconsiu, 92 9,247 Nnmida, l,9,i6 ...Texan. 3,6o7 1.200 To Hull, per steamer Otranto, 1,200 1-50 Hill, l.'O Ludeate steamer To London, per 1,348 To Havre, per steamer Normandie. 1,348 884 Kheln, Fulda, 150 734 steamers To Bieiuon, per 64 To Hamburg, per steamer Frisia, 64 WaeaTo Antwerp, per steamers Pieter de Coniiick, 418 City of : S York we Thursday Total balei. New York—To of cotton, was following statement, showing the condition afternoon, Friday Agriculture, of Department the by issued July 10, after the close of business June. There are •Cttou Uaa made material Improverapnt during; aud rainfall liave lavfew imiwrtect siauds rojiorted. Teiniwrature States^ LoliI Uaif tU« lu .oiumiiced !!rrdLnwtli aud frilrliDf has From Virginia Sromh.rr" -cryr^re a,.d m,.l8mr« Kenerally sufficient. iuterrermi; witn c-u.iiva- in L.wiauds. to l-oxa»it l«H.inewnatln excess igrowth of (trass. I he general average co. tt.Mi »-.d MlmulKtm* lliB H'i. It has uot been e-xooedrd in dlil .a liae advauied fr..ni 9 . in June t.. come in tUe ]uiVMu"lSSU. riiis will insure. Iximni diawlm.ks toStates are as Ut. r Hun.iiier a latKe oioi.. Averages of c.nMiitlon by 9.i; Georgia, ."a. 9»r Norili C.roliua. 93; South Carolina, jS^.fws "v Texas, L^mismtiH, 1< 0; 99; M.asissipi.i. 97- Florida. 95; Alabama, 92; lheSulte8ea^toflhe .Mississippi stand »'>' Arkansaa 9"- leuues»ee.!i7. nvo aB'm Jun-. exceur. <*eorgi» aud Florida, wuh-ii have advanwd reported in DOluW. All otUor.H give hi^'Uer averages. TUe caterpillar is iiiid MadiJacksou in GeorKla: counties. Baker Br ..ks and Dougherty Alabama; eouutios, Fl irid.i; In .l.,utgomery and Elinore counties, fVoL. XLI. 1,618 1,368 land, l,2oO To Cronsiadt. per bark Brazilian, l,3ti6 To Barcelona, per fcteamer Alava, 4,400 per bark Jose- l,TiO flua, New ORLEANS— To Liverpool, per steamers Caribbean, 2,795 — Historian, 3.144 To Bremen, per steamer Amy Dora. 1.50 To Malaga, per ship Thomas Lord, 2.032 To Genoa, per bark Gulseppe Lmiata, 469 Galveston—To Havre, per bark Carl Max. 1,010 Baltimore— To Liverpool, per steamers Barrowmore, 228 Caspian. 919 „--v;-" v^ Scythla, 4l8 Boston— To Liverpool, per steamers Iowa, 319 — — ....Virginian, 1,011 Philadelphia— To Liverpool, per steamer British be"Ti 5,939 150 ^'"2S 469 1,010 ^'^'^ 1,798 734 Prince, 754.. lu C'aiuoion County, Louisiana, new wet w.nm ha« «,100 33,726 Total has been obsirve.liu Titus. Texas." The particulars of these shipments, arranged in our usual The June and July condition figures, compared with the form, are as follows: follows: BarceBremen June and July tignren for previous years, are as Cron- tiifi it <t Uam- AntLivei Staiet. Bo. Curotiuu ewtrgiii Hl88iS8ippi Lu ul^iaua 18S4. u Si ^ •^ •^ -s .a ;3 ;8 -3 -^ H.i 9 9.T 9o 96 97 9:". 97 93 92 9J 9,i 9'i !'9 9! 99 Hf> 1(><I TfXHS 90 92 A rkansad HI Tenuessce b.i 9/ Average 9h 97 9.. 188!. 1383. 1885. V ? % S •^ 87 9s 3i H 91 »1 9(1 H(i 9;i 9.1 99 94 93' 9o 87 8- S7 72 77 8ti 8. 91 9V ST 8-1 8>« a> a S s -s *^ ^s ^2 9^ 89 9 I'd flf 9r 88 Hi 1-2 9.-> 00 9i 102 88 1-7 94 Wll 90 89 90 93 9'J 9« 9 9/ s. 81 8.^ 91' 7o 88 8 74 91 80 89 Sel 8n 90 1S81. •8 8S- 1-2 % .s vool. 1880. Sew 7oTk. Si s a s 92 loi 4 99 98, 98 HV 99 90 92 102 96 93 9t 1-6 99 96 9/ 96 >-9 106 I 91 lOo 104 105 99 Ul3 1 931 9.1 gi-oMii luilie Slate. what the ouUMiine of barg. tutrp. s ddt. 918 150 1,618 l,3bd Mjlagd.Qenoa. Total. 21,977 6 100 e,-'S90 4o9 2,03J 1,010 1.147 1.798 1,010 Boston Philadelp'a 754 754 1' 1 99 100 the average as The average given above for all the States given by ihe Depirtinent. Texas Crop.— The Galveston Daily Neios of Wednesday, July 8, published reports on the crop from its own correspondents, civeria,c seventy counties of Texas and em Wacing almost the whole cotton and grain belts of the State. The News' editorial summary of the reporti is as follows: An analvsi" shows that tne yifld of sin ill graiu has npver before been mriasKcd in Tcx.is, wUi etlie coru crop bids f.iir also to be the largest ever is Bavre. l,3iS 1,147 1,798 Baltimore.. 9. 93 9,247 6,939 Orleans. Galveston N. It wool I be uiiwUe to preaie- bej^oud peradventiire tlif cotton crop I.-1 llkeiy to be, as tbe plant at this 1 line than in average se.as'ois, aud tliert^aie ooutiugeufies lobeeiCKUiiter'd bttore t e cotton ci'P is m„de. The reports show ftn incrt'MSt d acreage am untingou til average toao )'it 12 per cent over t^e<MiKiil<-r.4biy liter witn (he pro-peets flait'i-iui^ fur a S|d -udidyi.'ld. Tue rains of IbepiHi ten days have iniw be-iu gener.tl over tue cotton belt aud there is moibtiire enough lu ih« grou d 10 carry the lot'nn crop well forward. If nott-Leekeil by asudden auileoiirinuousdrouili. which Is uot antioipai.eil, the cotton crop of tli.^ 8iate bids fair to oo the gr-eatest i-ver lua le. Tui» is saying as null h as is ae<Mss.iry wliil-^ tin prospei^t is (lU iltilrt.l bj I'oiiditixiis quite p"SHib.e to a-Ue. Briefly siiinme 1 up. htiw«ver, Texas at thi- li ue has rarely oeou excelled, thi the crop i-rospeut ac eago being larger than ever before kn.iwii and lab ir i al! departnieut-s ut ugrh'Ultural industry abundant and painstaking. The outItMik is most assuring, the eottun vicM of the S ate for tht^ coming year being vaiiously* H'lm.iied upon the j-rcsen'. ba is of thj crop prospec s iialos. With ui unto Jrard dis.ister to •t fio 11 i..j"0.oo0 10 l.SKO.oo llieo.iiiou crop, ih.' S'aie is uu the eve or the graudent pci i.id of agricultural t-rosperity which .-he h.is ever enj lyed. TUe comtnt'r lal and ^eiorai busiiifss hliuation may naturally bo expected to sympathize with thii- piosi) irlty. On the same date Messrs. Kaufman Runge, of Galveston, issued a cirular, based on 650 returns from 187 counties, and showing the condition of cotton July 2, as follows : **rhe iuerease of acreage, as compared with last year, points to PUntiug was retarded by the protracted klmut 11 PT cent. wintt r. which a<UM)Uiits fi.r the stands being considered about ten ilays laiewtnii eoiniiareu with an average season. There l.s genoral onipiaiiii io N'-rihern Texas and In the uui-thern portions of Ceatral Texas of dHm>.go by grass woims, whieu has ueeess'tat' d some ruplauling. The woi-ius havo disappear«d. but uuiuerous millers and Hies are now onusiiig learn of the appearance of eottou worms. The oihr distiicis i>ri"Coinparatlv«-lv free fii'm these appiehen»ious. The coudition of the plHiii is good. Our reportn show an average of 20 per cent in bloom and v:4 per cent loriuing b Us. Witn seaauuable weather from now on 'our o^d^'n crop promi^e a full yield." la«t yt^ar. m 1 & 2.358 Total... 18.885 The above from total 4'i9 3-5. 276 1.618 1.366 8.133 York incluaes 1,200 ba'es to Hull and 150 1.09^ New bales to London. Below we add the clearances this week of vessels carrying ootton from United States porta, bringing our data down to Che latest dates: New Orleans— For Havre— July 8—Steamer Pavrnee. 3,510. B»i,TiMORE— For Liverpool— July 8— Steamer Guillenno, r,i> PuiL.vuELTni.v- For Liverpool—July 7— Steamei [udiana, 254. Below we give all news received to date of disasters to vesaels carrying cotton from United Stites ports, &c. SAriiiiRS, steamer (Br.)-Advlces from Niewe Dlep, June 21, state that 149 bales of cotiou saved from sunken steamer Sapphire (Br,), wore forwarded to Amsteidam ou that day for shipment to >. Liverpool. Cotton freights the past week have been as follows: Satur. Liverpool, steam Do Hon. Tues. Wednet TKurt. Fn. ^32* ^32* 832' — S32* — SS2' "32* "82* >1S2' 38- Kg- %• »3a- — — "sa* i8»»e4 "SBBa d. 8ail...d .--, Do Ball c. Bremea, Bteam..c. Do %- 38* Havre, steam. ...c. ---. .... %' 3a* .... .... Bail....c. .... .... Hamburg, steam.c. «33* "sa' »S3- %3964 iflS'ei Do sail c. Amst'd'm, steam.e. Do 8ail...o. 1 .... ...• ^ W 16»»64 .... .... .... '\4-''32* l*ti4-''32' i^ei-'sa' '»t4-''33* l864-f3S* — Reval, Bteam....d. ... .... Barcelona.steam.c. 9:ti* 9.12* 9:13* »;ia* »S2* c. Genoa, steam rrleste, steam. ..c. AQtwerti, steam. .c. '32* '32- ••'is* 3l«- H»' »ie* 9«4* »1«' •.12* '.12" '32" 9b4- Is 18' Do c Bail V ||lpre«^ed. — Liverpool. By cable from Liverpool, we have the following jtatement of the week's sales, stocks, &c.. at that port. vid previous weeks for comparison. We rune 26. Jul)/ 3. • East India Crop Prospects.— By cable to-day we have advices fri.m Bombay to the effect that ii is rainy, butconfined to liiht showers. The c.ble urther states that rain is badJy needea in poriions of Khandeish. I iales of the week hales. Of whi«*h exporters took Of which speculators took-- 32 Sales .\uierican Ooti 4.000 Actual export Forwarded Total stock— Estimated Of which American— Estim'd Total 40.00< 4,001 Import of the week Of which American Amount afloat Of which American — , 5.00< 34,000 3,000 27,000 5.000 8.000 45.00(1 3,.5O0 40.000 2,000 BOO 36.000 5 600 15.200 1,000 30.000 .^.000 17.000 916.000 915.001 863.O01' 8 ;,5,000 685,0011 2S.00< 20.00t lOi.OOi 677,001/ 41.00( 641,000 15,000 13.000 Go7,i 30.000 23,0OC 75.000 26.000 8 I.OOO 27,li00 1 00 6,00!) 11,000 81,000 30,000 The tone of the Liverpool market for spots and futures eacli Jute Butts, Baooing, &c.— There has been a steady week ending July 10, and the daily closing prices inquiiy for iag,;iug during the week, and goods ara moving day of the of spot cotton, have been as follows: mure ireely. Buyers are beginning to come into market, and some inquiry is reported for large parcels, though the general trade is more of a jobbing character. Prires are Meadily maintained, and sellers are quoting 9c. for IJ^ lb., 9i^c. for \% lb., 103^0. lor 2 lb. and lie. for standard grades. Butts have also been inquired for rather more freely, though no important transactions are reported. A few sales— 2,000 hales— have been made of paper grades at 'i%®\.Jic., and baggmg qualities at 2@23^c.', the market closing steady at Saturday Monday. Ttteiday. Spot. Market, ( Very Harden'g. Steady. 12:30 p.u.^ Bteauy. Mid, Upl'dB 51 H, Mid, Orl'ns. 3al68 I>eo.&ezp. 7,000 10.0 >0 7,000 500 2,000 500 5% Wednet. TKurtd'y. Moderate HaTden'g. demand. Fnday. Quiet. 5»8 5'lt« 5.ue 7.000 1,000 8,0 500 6,000 600 ttiebe quotations. Shippino News.—The exports of cotton from the United States the past week, as per latent mail returns, have reached VfXi^ Lalee. 80 far as the Southern ports are concerned, these are the same exports reported by telegraph, and published m steady at Market, Steady. l2:30P.a(. Steady. Quiet. 1-B4 ad- Steady. vance. t Market, 4 p. M. i ( Steady. Quiet. Quiet. Steady. Barely steady. Rtsy at 1.01 lower. Bt,e»<iy Mt the decline. . . » ' M THE CHRONICLE. Jui.y 11. 1888.] >uk>iuhi, lowtMl and clu(UU)( ^riu«M of fucurw at for e«ich day of the week are kivou Iwlow. Then* prictM lire on thu iMuis of lJ(>lan<lH, Low Middliiix ulauae, unleoS The upeninK. itye— W«at4^m LdverpoU OtherwiHo 6 HpnnK.nnr Op«n a<«* Law. CIi» ft4» »47 47 Hifl- Ijovt. 4. <i. 5 43 5 43 5 43 5 47 543 5 43 6 43 5 47 6 42 6 4(1 5 44 5 6 43 5 47 BftPtember.. Bept.-o«i... Oot.-Ni>»„ Not,- Dec... S4« 5 4S S4« 540 089 ass ftsa 6SU BS7 581 8 31 6 37 Dao-lui.... &a; ftsr Sil7 537 Jan.-'*b.... ft3» fi:<9 SSD SXD 141 5 41 Feb.-March Mv.-ApHI.. Red winter m*ant S 62 Wlilte white West. Yell.iw WliiuiHour.liern.. Mm <VMi Sl«l> Low. 6 13 5 43 5 4« 5 43 4 5 48 5 43 5 44 5 43 54< it. A. 4. t,\i 6 48 Yelluw 6 45 645 6 4C 5 43 B4t 338 538 534 538 5 41 644 688 538 5 44 539 539 5 39 6 3U 5 37 53; 5 37 6 37 5 37 5 3: 6 37 637 639 5 3vl 338 6 31 5 53(1 5 85 636 538 B3S 530 6 41 6 41 5 4U 6 40 5 40 5 40 411 5 46 I 5 41 6 41 8il 5 34 538 BtutpU at— Chloiffo .... Detroit .. CleTeland. Than.. Julyg. Jolr 10. FrI., Louts 84. Peoria. OV*n a«A 4. 4. 4. 4. 5 48 6 4« 6 13 5 46 5 41 645 5 44 September.. 544 Bept.-Oct. Oct.. "for... 538 Hot.. Deo... 538 Deo.- Ian ... 63« Jan.-Peh.... 3SS Feb.. .March. 5 40 642 5 45 .... .... 645 338 53« 6»e 633 5 44 338 6.-S 53A 536 636 338 538 5 40 6 40 640 53<t »lar..A|.rll.. ... • 4. 4. 4. 89 In elevator J ly dfllvHry... Ani;n!<t ilnllvKry 8»*pleiiil»er ileliverv 20 938 6.770 1.733 79,052 8,U7 15.688 49903' 3,0«O 34.453 3.300 110631 S9 860 238 613 1,900 6.100 162.478 1M.660 139,815 121.613 12875 16.407 4.430, 4,977 600, 4.990 11.003 7S0i4| 6X0} 20.130 81134 51290 25.760, 69,915 .. . 0,313 433 98 797,6 12| 0I.37.'.09; 5S.55I.8J5 16.653.125 1.627.768 8.369.610 8Mi;3 741 67.B'Ji.PS3 I03.s(0So9? 63U.)7.72l| 18.H.SK971' 6.71IS.3I0 73991,215' 93.9.M,47.) 53,616 813 4.850,998 The exports from the ending July ExtmrU from - Botttou. 4, 1.S85. several seaboard are shown ir*«al. Oom. Push. 186.44^ Biuh. 424,714 107.563 3 !,54i in the Flour. 15.4,;6.o7r)' porta for the week annexed statement: Ouu. Hu^. Peas. ButK. Bulk. Bath. . ... . 9-1 liiiu 9 I 8,400 00,081 61.774 >>4,0t« 10.494 Do aSoac Albany (est.) Poleilo 89i.(Ml Detroit 4^^4,347 Osweco llO.dOO Toronto Mourreal Si^lt 52% 51;% 54 54 .sm .54% oi'* ,S5 hb^ Sa's 4i'8 5i»s So"* .'.4»8 .)5'4 Rye has been dull and drooping, and oats have been pressed on the mirket in a speculative way, and prices have yielded a fraction under the improved prospec s of the growing crop but lots on the spot, with afair trade and some revival of tue «xport demand from London, hive ruled about steady. DAILY CLOStMG PRICES OF NO. 2 OATS. Sal. Hon. Tua. Wed. Thurs. Fri. Jnlydclivery j. 3658 37 Stl'a Ui's 3>;5t Anjfusi Ueiivory >. :13^ 3a\ 33% 34 3J'8 "S eopteuitiiT delivery 3^ Si's Si's 3i»8 S'i'a E'O The following are the closing quotations : riooB. Fine 9 bbl. $2 linit 3.50 Hoiith'ncom. BXtran.. $1 00» 4 86 BaiMtrUiie 3<io» 3 8 mctiern UMKora'and Bo. 111(5 wheat extrat. 3 30* 4 Oi> family brands 5 00» .5 6.5 Mliiu. i-learitiiiistrii't. 4 000 5 00 Kvnttour, supflrllnn.. 4 1* 4 SO Wtiiter«lili>iiV"xir»«. 3 Ii >^ 4 00 Fine 300» 3 23 Wluter XX <t XXX.. 4 2i» .> ."lO Corn lUttal — Patuute 48>» 601 WeelAm, Ao S15Jt 3 3^ City siupvlugex 3 75 a 5 00 Brandy wine, Ao.... 3 35 9 3 40 ; 13.5(10 2rt.077 36.177 4,586 .'. 1 56.0.0 i".23'.i Kansaoi.ity Baltiiuore >wii MlaeUstp,)!. D 274,6.51 4,'35. 37.370.024 r.i Juue27.'x5. rot. July 5 '34. 37.9 17.625 13.4"5.14l 7.'33. 8,'32. ; 17.6 "932 ' il 6,691 • * 8.«32 , ' «0i) 6,7-4 1,767 1,395,216 5 5,' O.) 75^,396 late Oucaual ; 7-6 5,366 52.1)0 703,«90 On 2.694 26.001 14.706 251 1,023..571 On ran to'sdi 13.i>.3 11.7.'3 7,'l<'.a ludlanapiilia Til July r.it. Ju!y 9,.5c>0 78,194 719,536 86 9i 6 J5.<>.i0 26ii,=>3o 413.»i.iG Peoriii T)t. July 32 424 1,09-1.150 Pbiladelphia .'aij 80 9 i..'i70 3.208.407 1U3'b 53>9 b-ish. 3..5fj.«21 10 '4 10618 10741 .^3% Xye. ttush. DulutU HHSl ."i.iH Barley, busk. 894,70-i 851. i42 RIehiiKmd. Va... .Milwaukee 1037g lO.'s 10714 S.iSg Com, biuh ChtoaitD I4,b07,683 .Vewpiirt News... 7,.5.l7 li'4 10.558 .^3M 8,100 Wheat, 4,837, 7u3 498,^)33 2,207.417 BiitTalo KiMtiin s ; 93,434 99.5221 Tn itnre at— CSnclnnatl Sola 103.193' 699.4.1.> .Vew York 10.i M\ 887,423 8^7 i.'co follows: 100 iOils 431,636 8,281 supply of grain, comprising the stociis in granary at the principal points of accumulation at lake and seaboaid pirts, and in transit by rail and water, July 4, 1885, was a ma's lv.7'8 234 39,830- visible 11X138 vl 2 o 9 The 10258 107% 2'j,74H 1,2SU 7,-i0 100\ Indian corn futures has generally sympatliiz.'d with wheat in its various (liiciuttions, but the occurrence of general rnins. and a higher temperature, ha-i greatly improved the prospects of the growing crop iu middle and northern latitud-^s, and there was yesterday an exceptional decline in both spots and f uturrB, and to-d^y there WaS no recovery. The urgency of demand for white corn has measurably abtted, but; extreme piices are still obtained lor choice simples. UAILr OLOSINO PHIOES OF NO. Z .VUXBD CORN. Fri. Hon. Tua. WrA. Ttiurt. 8m. 15.7-15 tliut- l«-<4. lo2 1 374 11H79 3t. IjDUis '8 6>,U1 •.3lii 2 21.19^ Total w'k 8*mu Bbtt. 33, 114 liO,n.r> 13 ',169 2.\.o00 133,376 loo's I4 73.5 iH Phllttdel. n:> 81H Baliim're N. Orl'ns Rlchm'il N. Wews. 10.% 10 l'2 .. .Montreal OiMi 98 »8 ^ % 3 S I>ei;eiui>«r <l«iiv«ry AiiifUBt. ilflivery Bfiit«-iiiherilellvery Ocmber ilelivery 27.43S ... quite moderate; but receipts from the West have not been excessive, and city millers have been working mainly on contracts. Prices have therefore been pretty well supported. The wheat market has been variable and unsettled. The Bpeculatioa has not been active, except on Wednesday, when the dealings were large at improving values. Crop accounts have been improving, and it is now pretty certain that the yield this season will bd a fair one. In som'^ sections an excess over last year is alrt-ady assured. Wheat on the spot has been fitful. Lirge translations in spring growth for export were reported on VVeineiflay, but the general siluttion ii believed to tK) not favi^r^ble to an advance in prices. The martet today was rather quiet, without imp)rtant chang.5 in valu 'S. DAlLr UI^DSlNa PRICKS OF NO. 2 RBD WLSTIilt WUUAT. Jfon. Tutu. Wtd. BaX. Thun. ^1. In elpvator July "lelivrry 563. 7S2 aeio 20.821! 3 33 demand delivery 1.299.900 Ava. Stul^.Vltt 902.270 723,06) 588 5 33 5 as 533 533 5 as 53rt 536 536 538 538 5 as Friday, P. M.. July 10. 188.''. The markpt for flour and meal scarcely presents a new featThe home trade has been very slow and the export tire. JJitveiiilier Barley. 1,095,313 535 BREADSTUFFS. .. Onu. 41^,595 5 40 1883-4 1882-8 Oom. 147,'J13j New York O'tiili-r ili'iivi.rv 72 'bS 533 538 .S3 812 817 5 40 1 • S5 • 9 1,131.003 541 533 535 3 39 40>« 1.769 410 5 41 5 39 3-) » 794,096, 0ai,107| 544 8 43 543 538 5 8;t 5 37 537 53fl 53t< 635 535 5S0 536 535 5H6 33S 638 5J7 5 40 a 122.0001 Since Julu 38 ISAI.5 .. .... 76 68 « 74 • 3!) • 45 '84 6 10 933 flO ltlO.5211 .. Same wk. Same wk. 5 40 *• .. 5 37 6 37 5 36 Oanada Bt»t*, uli-ruwed ... State, two ruwud 188.671 . 538 538 5 37 538 5 3-) 537 541 5 41 3 40 hn 73 36 38 37 No. 2 white. BarleT Malt— 31A-18 1.815 . Tot. wk. '85 4. .. White Mo. 2 mlied (17,624 ... 541 5 40 6 40 6 41 541 5 40 8 40 5 45 543 5 44 541 .... .... 4. 4. 4. 70 •. and Canada. Biuh.80 Ow B1MV6H l/» BluAJS'lu Bueh.iXlh Duluth tow. UIM ai<A Low. Oloi. Op<n Cloi. 5 42 5 49 5 49 4. 5 49 Juir-Atur... 5 43 Aiui.-8«pu.. 543 J»ljr Low. Wheat. Jlour, B(>l<.l9fllNi MUwaakee JalrS. • Btatit OaU-Mix«d The movement of breailstuflTs to market is indicated in the «tatement8 below, prepareil by us from the figures of the Ne«f York Pnxluce Exchange. We first give the receipts at Western lake and river ports, arranged so as to preHent the comparative movement for the week ending July 4 and sinoe Aug. 1 for each of the last three yeara: Toledo WwlDM ApH.-M.j.. HiiiittaHrn. 5 8S April-Mar.. 1 .51 Wt^-it. OlM. 1 • .^4 .52'»« 53% 57 « 62 51 » 57 61 • 70 56 • 59 Corn— West, mixed Wmt. mix. No. 2. Tue*., Jair T. Julir 6. 4. ft 4.1 ft 04(A«t t\u*: 43 6 48 5 47 d. fi43 Jolr 4.< JBIJ-AOB... and MsBn Mau du1r4. '>|iMl 2 Ktid winivr, Mo. Btatinl. Tht pifet ar» viMit in pfnee f^ tt2-64<<.. unil 6 03 meant 6 3-6«rf. S7 aioi 92 V 95 9J>1« 01 86 ai 06 92 • 1 03 bniib. 8|iilnKNo.2 7.331.916 3.263.8.54 6,5 I9.64i 3 «i.5:l, .n I 7.251.3 '2 3.713.533 18.J38.4!<3 12.33 1.5 >3 3.70 (.1:17 9,624,412 6.38i.6oJ 1,6/6,62^ 13,533 16.313 11*.9ie 03.:9i 9 '.4 i') 393 2^)9 231.21? l,7i2.ri<>9 72, ,'41 677.810 2ii7.3»S 51 .136 THE DRY GOODS TRADE. Fildav. P. M.. July 10, 1985. The dry goods trade has shown rather more aniin ition the pist week, owing to the arrival of a good many buyers from 8 mthern and Southwestern mirkets, but the volume of business was only mo ierate. There was a frser movem'<nt in some descriptions of fall goods, as the result of transactions with buyers on the spot, and in ex^ution of or.iers forwirdid by salesm-'n traveling in the West and S )UthWrtst. Scipla cotton and woolen goods were comparatively slow, aai th-<re was only a moler.ite inquiry for impoted fa'irics. Tue jobbing trade was of meigio proportion!!, though fully up to the avenge of former years at a like pen id. The p ist f irtnight his developed an improved undertone in the mirket, and a moderately good fall traie is no .v aaticipii^d, b -ctuie of the promising aspect of the growing crops, an I the grtduil starling up of industries tint have b>en practically su-ip-iQ Idd for some time pist. I-nports continue light, and the p-u la> tion of Oomestio textile fabrics has b>en so largely curiail-id that surplus stocks are rapidly disappjarin^, aud eyinpiocaa ot ' — ; THE CHRONICLE. 68 returning confidence in values are already discernible, though in no very marked decree. Domestic Cotton Goods—The exports of cotton (joods for the week endinj? July 7 were 4,654 packages, including 3,619 to Great Britain, 1,573 to Africa, 297 to United States of Colombia, 85 to Cul«i, &c. Staple cotton goods were mostly quiet as regards new business, but there was a steady movement from this market and direct from the mills on account of former transactions. Brown sheetings and drills ruled quiet and unchanged, and there was a light business in bleached goods and colored cottons, while the commission houses experienced a fair demand for cotton flannels, and there was a steady call for small parcels of white goods, table damasks and Bcrim curtains. Print cloths were dull and nominal at 3c. Dark prints were more for 64x64s and 258C. for 56x60s. active, considerable sales having been made to buyers on the spot, while numerous orders were placed with salesmen traveling in the West. Standard prints have been opened at 6c. per yard, and other grades in proportion. Ginghams were more sought after, and considerable lots were placed "on memorflndum" subject to opening prices, which have not yet been fully determined upon. Domestic Woolen Goods.— The demand for clothing woolens was comparatively light, but there was a continued Bteady movement in fancy cassim»res, worsted suitings, overcoatings, &c., in execution of "former orders, deliveries in this connection having reached an important aggregate amount. Satinets were mostly quiet, but a somewhat improved business was done in Kentucky jeans and doeskins. Cloakingshave not shown much animation, and there was only a moderate call for Jersey cloths and stockinettts, but some very fair orders were placed for ladies' cloths, as plain and fancy sackings and Flannels were in steady but moderate Euitings, triccts, &c. request and considerable sales of blankets were reported in fome quarttrs, despite the large business that has been lately transacted in these goods. Dress goods were in fair request for the coming season, and rather more inquiry was extended to shawls and fkirfs. Carpels remained quiet, but prices are [Vol. XLI. white goods, embroideries, laces and hosiery was cbiefly of a | I firm, and some makes have been slightly advanced by the mill agents. Wool hosiery and knit underwear were in fair demand, and a feature of the week was an auction sale of 30,000 dozen wool and merino hose and half hose for account of the underwriters. The goods had been damaged by water at a recent fire, but found eager buyers at excellent average hand-to-mouth character. ImportationB of Dry Goods. The importations of dry goods at this port for the week ending July 9, 1885, and since January 1, and the same facts the corresponding periods are as follows: for H ^ E 1^^ o d g: S; • : : ; 1 : i ! ; ; ; 1 £ IrriFi : Hi ; o> .'-r '.&.'*.- o *>a KU C-t : : to B S S a, . c ib 4^ «o CI J J isB : ; : : i i i • ; I — M QD Oi CD o; (c » • •0 J i:i . 1 T ' iiHIi ; 1 T : ^ «*- K3 U" 33 y 10 ^ CC K- O ^ CO -1 ODao Oi O 'O ^w ro w :a^ o ^M M CO -iw OM m ooox-M t-* C-: *^ -'•-' --• o. 4- •-•itk «* IP' O' W -I > W to — i-ato GC -1 05 tt^ a H-J-'WtO*.. U 50 <1 5CC0 C. CJ< (p^o. b tco t; CM w_ ^1 "-3 bVi "- *i*- »-* t-' *1 cc toe w 8 n trOT 5 a M ^ K ij. -w Mc; t-'ic -^ O' C. Kto rf- cj a: :i c row .»:" GO o 'rs -J» c;cc ct t£M CO 5C^O uD o; o: Of -.J o « J> o- X c: c CD -D 'l C :J' S "7 CCr;(X^-- y W *- C; CO X' ^. ? ;S s tn « ^ ,£^ c pn '1 *.o:o.ocD CO co'c'tD-ib ^ WCO.pl - <Ti >• 00 -^ ^^ -.o ^ t^ CO b a fC ^ en to ?.. 1 -X- cccm^-cc -j (t- lU 13:01 H* (- to CO X CO a a -0 "tow 00 a: CD aco fcCO'--^^ WM CW a"-" (C- tf^ rf^ ~t CO a T CO ce^ c w tf- r r; CO -I IX -.D W i- 1^ rt». to CO CD OS (t» > „*|Se ?^S'h * 1 O- OS or OS - cn^i % OD CD ^ M ^ *. CD JT 50 GD 00 U' CC »- c to «( MM aei Oart- JO to tf-ClCC0*O f-* M t-* ITj Uu>3 <J* en <- •;^to o ci y to ^ 2 u CO 0: L" H- to (;j g MCJWtow (9 CO ic to -1 ^I CO — M QO CO E ora OS C: H- -- C0 3J tcoco C-. tf^ Oi 00 tO*k OS #- to c>: (-• o CO ^1 =5 3: on *-' .-'M h3 to o-c: Oi I:? M -sD-CJtODO b'— *. cr.<i M T — as cfi -1 ccVioTtoVi 31 iCCi <\-j^ 5 ^X*J *>«* 1 ;;&• r^ a xs c to » c. ^ iin Zn 4* 1-' u^ CO *^ 00 ^ -M CO Ci— *! X Cl O OJ -^ ^-^ai<ico COX*- a- to *-•»-• 'C X CO -J M :r to -« o Qoa -4W W ^1 cd"^ a CD CO r> CD to 0*^'XH(s.*l <l :d CO CD to** CO CO ^ o=M o« c: QCj^I o was V M-i::«0 »-J I t-* M ick: c n CM D T ; I <l-,D^MaD to > i "b ^ to ; X MtO'-'-'lO tP.CJ» c;! 1— CO s S 3 prices. c — tow 10 ^ 1 Xr(y-MOOrci ODCntJ* C, J- 1- to s 5 at e w CB FoBEiGN Det Goods have ruled quiet in first hands, with the exception of British and Contmental dress fabrics, in •which a pretty good bufinets was reported in some quarters. Velvets and velveteens have met with rather more attention, butsilks were in light requfst, and the demand for linen and Commercial & oo w^ r-i-J v. 00 o e~a MCO C -I — H-Cfl MM 10 !D r+- rti KO> O'M CD >-<l OitO O' 'X' vJJ J:i COTTON SAILDUCK E. o S. A full supply, all Widths and Colors, always No. 10» Dnane Street. bliss, Fabyan & Co., Supreme Court, Washington. D. Other DrxlU. Xheetingt. Bullard 119 <«(.. & for Exvnrt C. nAIUEN LANK, KBW BA)GGI.\0 TIES, (FOR Baling cotton.) ^J^^''^.',9'!i^.f.'"'\"y'"g briindB of Jiite BaKirlnR •Nerins.O •"•tlnlon Star." ".lalem.'-'Horloon Mills' " Jersey mIkk " and " DoTer MIIU." °""°"" *""•• I.MPOKTKHS fiK IHOW TIR». BAGGING. WARREN, JONES A GRATZ, ST. iOUIS, Mo. JUDDfacturers' Agente totthea&ie of Jute Bagging IMPOBTSnS OF IBO^V Clieclis iind COTTON TIES. « w other cash items Blllsof other banks Kractional paper cur'cy, nickels Specie LeKiil tender notes Due from tJ. S. 5 per cent Due from 100,000 OO "' SOS.OOO OO 10H.0i4 Ol> 410.000 OO 1,3;;6,01U 51^ 421,717 8T 100.000 00 2,4»a 74 80o,o;i5 ao 2,017,4:15 51 E.xclianKcs fur Clearing liouse D. J. Brewer, U. 8. Circuit JudKe; Corbin BankltiK Co., New York; Eastern BanlctnK Co and Gen. P\ A. Osburu, Boston, and the Bank of Topeka. Topeka, Kansaa. 00 1«7..")00 & cents 1J.810 00 10.0S4.lj(IO 2.020,fc34 74 00 Troii^urer. other than redemption fund 11,000 00 U. S. Mint 5liU 00 *33.102,27U 83 Total LIABILITIIES' Undivided proHts State bank circulation outstanding Dividends unpaid ONLY ject to lft,s<4 . 00 France. GENERAL TRANSATLANTIC CO. YORK and HAVRE. Pier (new) 42, North River, foot of Morton St Travelers by this line avoid both transit by KUKlisb railway and 1 ne discomforts of crossing the Channel In a small boat. ST. LA i; RENT. De Jou8selln..Wed.. July 15. 8 A. M. AMKHIQUK. SnntelH Wed..Julv •ii.'iV.M. ST. (JKUMAIN.Triub Wed., Julv Ml, 6 A. M. CANAUA, UeKersabiec Wed.. Ann. 5, Noim. UK Passagb (including wine);— To Havre- t23.l!71,161 80 certificates of 75.611 83 857,3«« 35 (a.«hler'8Ch'cksout»t'd'({ 54,410 »4-24,15S.510 82r Due to other national banks 2.i* 4,.")45 17 Due to Stated private banks* bank rs 1,384.730 14 »3S,102,a7D S3 Total New York, County of New York. J. Qi'i.VLAS. JR., Cashier of "The ChemiNational riank of New York," do solemnly swear Stateof I. cal Wm. that the above staiemcnt knowledge and > First cabin, $li)0 and »S0; second cabin, fliO; steerage, t'<i2—iiicludlnK wine, beddlni; and utensils. Return tictcets at very reduced rates. Checlison lianque Transatlantlque. Uavreund Farl8,in amounts to suit. Havre to Paris. The CoinpaKnie Generale Transatlantlque delivers check deposit Certlded checks Between NEAV PlilcK 00 S.IMO.OOO 00 X,alW.7«3 70 individual deposits sub- Demand Direct Line to »:TOn.000 Capital stock paid In .Surplus fund ^teamsliipB. From TOHK. AND IRON and bonds Banking house Current expenses M. Clarke, Tratle. Wheeler^" stoclis Clearing House loan ctfs. of other b'nks Uue from other national banks Due from State and private banks and RKFKKENrES; Hon. SHIRTINGS ToweU, <lutltii, Wblte Goods & Hoaleri ff fl5, 0^,554 S4 1,110 i)7 . U.S. bonds to secure circul'n (parval.) U. S. bonds on hand (par value; boD(i8, speciaitles. AND SHEETINGS, Ao. OO •-J --1 Overdrafts Commercial and corporation law and municipal York, Boston, Philadelphia, SKLLING AGENTS FOR LEADING BRANDS PRINTS, DENIMS, TICKS, DUCKS, w C iO a: CD to X OS -^ - CO - KESOURCKS. Loans and discounts ATTORNEY AT LAW, New BROWN & BLEACHED to ifc lOZJ-Ct*.© CO -1 1^ :^ July, 18b5: TOPEKA, KANSAS. in stook UO to CD OF THECO>DlTfON OF "THE REPORT CIIEMICAL NATIONAL BANK OF Y<»ltl\," at New York, in Uie State uf New NEW Yoriv, at the Close of busiuess on the 1st day ot A. Angier, Fabius Also, Afcents CO. ^ WCOQC b]tnl<ers BAGS, "AWNING 8TR1PK8. ON1TED STATES BUNTING CD 4-^0: CS »0 3:<I -GO CO \mx\i Jitatcmcut. COTTON CANVAS, FBLTINO DUCK, CAB COVBRING, BAQGINQ, RAVBN8 D0CK,8An. TWINB8, Ac, "ONTAKIO" 8BAMLJB88 M CCCSlOCD-3 to ai It- Ot PRACTICES IN ALL THE COURTS. Corporation and Commertial Lata a Spteially. Refers to Judges Stephen J. Field and Wm. B Woods, U. kinds of K-v-rcioco en SI -J 00 cm — W**CO'-' COi' cocD(x;crf^ CO 00 _^ 1^ M ro 1 ATLANTA, GEORGIA. Mnnuf actnrera and Dealers In iUm c;* -C i: 'i* CO Attorney and Counselor at Laiv, Co., And all ,UM ScgaX. ©arxls. Brinckerhoff, Turner ^^ 5-™^^* :? E Is true, to the best of my belief. WM. QUINLAN, JR.. Cashier. Sworn to and subscribed before nietliis 7th day f .July. 1885. KoWKltr li. RuIlKttTS. Correct- Attest : Notary I'ublie.N. V. County. J. J. A. KOllStVKLT, / G. G. WILLIAMS. HOBEKT fJOKLKT.f Directors. > Special Train from its office in New Yorit special train ticlcets from to Paris. BsKKat^e chcciied through to Paris without exatuination ut Havre, provided iiasseriKers have the same delivered at the Company's dock In New Vork. Pier 42 North Kiver, foot of .<lorton St., At lee^ two hours before the departure of a steamer. at Havre tl9V%» MOSEPHCILLOTTS STEEL PENS I WORLD DE BEHIAN, Agent, No. 6 BoivUng Green, I Solo By ALL DEALERSThrouohoutThe GOt.D,MEDALK'.:^IS EXP0SITION-187S.