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— xtmtk HUNT'S MERCHANTS' MAGAZINE, RBPRESENTTINQ THE INDUSTRI.A.L AND COMMERCIAL INrBRESrS OF THE UNITED STATES. VOL. NEW 39. YORK, JULY Ifiwancial. ** ^iuanpcial. AMERICAN Ifittaiijclal. WuM. B;AitL,Menib. N. T. St'ck Bx. O. H. Statnib. A. H. Dayton. Speolal. A. H. MuiUt. Bank Note Company, Iluf\lkieft8 Founded ]79ti. lBMno7r.3il ssder Lr^Ts of Etat9 of Hot 7oA, 18S8. AMON DS. DI BROADWAT, NEW YORK. I-IS NO. 994 12, 1884. ncorsnulzcit IH?!). Co., NOTKS, KIIAKK CURTIFICATES, ]'"<)K «OVi;i{N>IKNTS AND 182 Broadway, Cor. John Street CCUrOUATIOXS, OF HILI.S ill 1)I£AI'TS, FROM STKEI. PLATES, lafesauis to prcToat CODNTESFSITnTa. Sjedul papers naisfactusd eicluairdj for ess of tho SA-ETY COLORS. Work Executed in SAFETY PAPERS. Fir<*j>rc>of liuildings. LITHOGRAPHIC AND TYPE PP,IHTIN6. Randall 8. ir. Cor. bbow Cardu, Lab«I», Calcndarfl, BL/INK BOOKS OP EVEBT DE3CB1PTI0N. ALBERT G. COODALL, President. VICE-PRESIOENTS : 1«ACD0N0UGH, SHEPARD, TOURO ROBERTSON. A. D. M. SMILLIE, V/. STAYNEH, Treas. 5. H. THEO. H. FREELAND, Seety. Asa. p. Pottkk, Prest. J. W. Work. Cashier. Maverick National Bank, BOSTON. €APITAI-, $400,000 400,000 SURPLUS, Aooouota of Banb and Bankers soUolted Coileottons made upon favorable tenuA. Goremm^nt Bunds bought and a. Vyse. Member W. sold. VrsE, E. D. N. Y. Slock GxclianKe. Vyse & Son, BANKERS AND BROKERS, Brciai|«;n- A 7 f;x.>hHii_'i' C mrl. N V. Branch Office at the Everett U.msy, Unlou Square and 17tb Street. 56 Gilder 33 BANKKllS AND BKOK'U8. Interest patil on Bntunce<i. on Margin. Government Bond.n and other Investment Securities bou^lit iinil sold on comniissiin. Special SocMirltles carried ttentioD to orders by inail or telejrrapli. TINKER & WESTOHT, BANKERS AND BROKERS, No. 3 EXCHANGE COURT, New York. TKOT, Prl'^xtp Securities 'arro'ti Wlr« -t. nrarufin. HiVivr>-i300K: OF Railroad Securities J ameson.Smith&Cotting STOCK BROKERS AND COMMISSION MERCHANTS, 23 Broad St. and 5T Exchange Place gTOCKti, BONDS. GRAIN- and PK0V1S10N3 bought and sold in New York and ChlouKO. ChlEiKO Corresponilents. WM. T. BAKER & CO. Direct and exclusive private wire. James Whitkly, & Prince Whitely, NEW No. 64 BROADWAY, VORK, FlfUi Ave, New York. RBAwnr ruppirB-QP®*^ BRANCH O'FICESjgggijjjig^^^v^hlngton.D C sell JULY, on commlssiOD all clusses of and Provisions. ; CONTENTS. Eailroad Securities.— A Dkscription ok TUB Stocks and Bokos, AND A 8TATKMENT OF THK INCOME for foUr p.ast, as well as the nunual charges a.irainat iiifouie, of all Kaiiioads whose years eecurltioh are eommonly sold in the markets of Now York, Boston, Plilladel.>Uia and Kallroa^J Private Te\egT&\>h wires to Philadelphia. Wilmtng- JsoBGB Stark. New Haven. Johk & George Stark F. Stah Co., BANKERS, Naasau Street New York, I'RANSACT A GKNERAI. BANKING BUSINKSl AND BUY AND SKLL INVESTMENT 8ECUHIT1K8. flare constantly on band and for and Farm Mortgages, i>earing 7 to sale H Western City per cent interesi WESTERN mUNICIPAI. RONDS BOUGHT AND f It .ttl&rs with fall particulars SOLD. mailed on appUoatlOD R. A. Lancaster & Baltimore. iligliest and Lowest Prices, Monthly.— United Statks Securities -For the year 1883 and to July lu 188 1. Railroad Bonds and Stocks in New York For the year 1883, and to July iu 1884. I onds and Stocks in Boston— For the veil r 1883, and to July in 1884. Railroad AND Canal Bonds and Stocks in Philadki.I'UIA— Foi the year 1883, and to Railroad July in 1834. Railroad Bonds and Stocks is Baltimore— For th. year 1883, and to July In 1S84. Range of Prices by Tears.— Yearly Range of Active Stocks—Date of lilgliest and loTVost iiricos made In the ye:>r8 18s2 and 1883, an<l to July In 1884. Dividend.s. Co., BANKERS AND BROKERS, UNITED BANK BUILDING, BROADWAT AND WALL STRBBT, NKW YORK & ; PRICES; DIVIDENDS. Securities: also Grain toD, Baltimore, Wushin^on. Bridtfeport^ Boston and Pi ttsburg. 1884. DESCRIPTION IIVCOnE H. Cruger Oakley, HAKRY C. l.OGAN, MAYVAUD C. EYRE, Henry H. dodge, WasbinEton, D. C. Wm. B. Tuavkrs, Special Partner. Bailroad STOCK BROKER. Lansdale Boardman, NEW [JUST ISSUED.) Sts., Investment Securities. Private wlt« to Ne w Y ork, Baltimore and other places. DEAxma C. TrwiciR, Member N. Y. Stock Bzoh. KBN88II.AEII WESTON. 80 BROADWAY, & B Opposite Stock Exchange. N. v., 14 i IB HALL BUILDINQ. Ohas. S. Meml>Pr N. Y. Stock Bxchantfe. Philadelphia and other cities fliKBT NEW YOBK, Stocks and Bonds, 4 foreiok ex 'Hanse Randall, Otto C. Weibcm in Ruilroail allVllR^'yiJS!iTs Deposits received subject to check at sight, and Interest allowed on dally balances. Stocks, Bonds, &c., bought and sold on commission In No. S3 & Farr, BRO.iD ST., NEW VORK. & Wierum, PHI L ADELPHIA. Buy and Tbomab Tblrd and Cbeatunt Krokers 6c EXCHANGE PLACE, Particular attention given to Information regarding BAILWAY TICKETS OF IMPROVED STYLES. J. Co., BANKERS. rr.odil Soaps:-. & H. Taylor L. CHECKS, KXCHANCJI-;, STAMPS, *c., most artistic styl« T. and PhlladelphU Stock Exchanges. tlio finest hihI mth 81 Members N. DBEXKL BDILDINQ, AND BONDS BOUGHT AND SOLD so KNCiRAVlNG AN'D PRINTING, BANK 6» 8TIUCTLT ON COMMISSION. Foreign Oovernments. llOMIS Dayton, New York. STOCKS IMPORTERS, ENcinAVEns Axn rniNTERs of BONDS, POSTAGE &. REVENUE STAMPS, LEGAL TENDER AND NATIONAL BANK NOTEe, of tho UNITED STATES; and for TO 05 & Alfred H. Smith & Earl RANKERS AND BROKERS, n> Dividends on Railroad Stocks sold at the Exchanges In Now York, Boston, Fhlladelphlu and Kaliimore, paid during each of the six vears. 1878 to 18=3, inclusive, and prior to July in 1884 Railroad Earnings.— Uross and Net E\bninos8o in 18h4, ill oomiiai'Uon per'.oda of 1853. Miscellaneous Securities. far as reported with corresiwudiag Southern Seduritiea a Specialty. Howard Lapsley & Co., Price iu Red Leatlier Covers, - • $1 09 T5 To Subscribers of the Chionicle, ST. to Troy. InterMt paldoabalanoei BANKERS AND BROKERS, No. 34 BROAD STREET, New York. B. DAN.V &. CO., WILLIAM STKEEC, NEW Y03r W^ILLIAn 79 4 Sl : : THE OHROiNlCLE Drexel, STREET, COBNEK OF BROAD, NEW YOBK. Drexel, Harje8& Co Drexel & Co.. Third Street 31 Securtties DepoBlu received nuWeot to Draft. hongVt and sold on commission. Inters' »"'S!?3,f5' Credits. BeiJoBlts. Kichance. F^orelgn Also Commercial Oredtts and Transfers of Monej on Ho. i'Z Brown & Brothers WALl. STREET, No. 69 Co., N. Y., BUY AND 8KLL BILLS OF EXCHASiGE IHKLA.N0, PRANCK ON GBKAT BRITAIN AN1> ^WITZKBLANU. NOBGKBMANY, BELGIUM, WAY. DK.SMARK, SU'KDEN A.VO HOL1.AND. iBsneCoiumercial & Travelers' Credits i.V AVAtLABLE And IN STERLIS'O. ANT PART OK THE WORLD. 53 WUlIam DlvldandB and Interest cuHectedand remitted. Act as agents for corporations In p.ayl.i..' m uponr and dividends; also as transfer iiECnts. Bonds. Btocks and sBOirHie* bought and sola or, commlssii'Ti. at the Stock Exfhi-.Mke or elsewhere. Sterling Exchange anrl I'atile Transfers boughi and Bfild- oraw on THE UNION BANK OF LO.N'DON; BRITISH LINEN CO. BANK, LONDON AND SCOTLAND. Canada, and of Uratts drawn in the United States nn Korelim Countries. & Stuart J. Co., LIMITED i" MANCHESTER, PAYABLE IN LONDON ! BELFAST, IRELAND: AND ON THE H. OYENS CABLE TRANSFERS AND LETTERS OF CREDIT PARIS LONDON NEW YORK ^- IJAVIS. W. G. H. HBATH. William Heath & Co., BANKERS AKD BROKERS, No. 80 Broadway, New York. Members of New York Stock Exchange. FOREIGN EXCHANGE. CABLE TRANSFERS. & Draw Bills of Exchange and tranBact a general financial commission business. Particular attention tfiveu to American Securities. Rne & Co., Scribe, Parlii. CHKQCBS AND CABLE TRANSFERS ON mruNROE & CO., pabis. STERLING CHBgUES AND BILLS AT SLXTY DAYS' SIGHT ON ALEXANDERS tc CO., LONDON. NOTSS AND CB£UITS FOB TBATELIRS. & Ruckgaber, BANKERS 99 -WILLIAM STREET, NEW YORK Hauiburj;'. niesBra.inarcnard,Kraus8dc Co., Paris Sills Purchase and Sale of all New York ComuiennaJ and Travelers' Credits. Cable Transfers. ot ExcUange ; S a. TKE H. T . Securltlei* dealt In at tbe Stock Exchange. Interest hUowbiI on deposits subject to slKbt dratt. Lansing C. WASHBfRN. Member N. Y. 8t<ick Bxchange C. B. CALinvKLi.. J. Townskxi). Chas. Wood, & Huestis PINE ST.. Co., NEW YOKK, AM> BROKERS & Co New Sts., & UO<>l> , York. CABLE TRANSFERS, BILLS Hamilton EXCHANQE OB' A.XU COMMEKCIAL AND TKAVELEES' CliEDlTS. CORRESPOyDE ITS; KOVNTZE BROTHERS, BANKERS. 120 Bro^u>w-at, Equitable BuUdiug, New Yoik. LETTERS OF CREDIT AND CIRCULAR NOTES & linger Dealers in Pokkio.n Bxchanqe, Qotebsment and other intestmekt bond.s. STERLING L0A,\3 A SPECIALTY. 64 Wall St. and 63 Greene St., N. Y. Buy and sell on commission, for Investment or on margin, all securities dealt in at the Excnanj^e. H. PINE STREET, NE^V YOKK. GOADBY & B. E. New York Stock C. J. Turner & STOCKS, BONDS, GRAIN JOINT AGENTS John HtJMBKRT, Member N. Y. Stock Bzcb. E. C. Humbert BANKERS AND SI FRONT NEW YOBK. ol C Humbsbt. & Son, BltOKEK8, embers N. Y. Stock Exchange. Asiel No. 51 BANKERS, ST., UIUs of Exchange and Letters Credit on Mexico. L. S. & Co.. BROKERS ,^ EXCHANGE PLACE. Hatch Co., J. new YOKK BUY A.ND SULL STERLING EXCHANGE, CABLE W. Wilson & PROVISIO.Nb Chicago market* FRANKE.NnEIMER, M. SELIGMAX, E. ASIZL. J. Co., WALL STREET, No. a9 Dbeiel Bdii,dino, Cuuadian Bank of Commerce, 16 EXCHANGE PLACE. TRANSB'KBS, ETC. ISSUE COJtMISRtlAL ORKDITJ, A VAILABLB IN ALL PARTS OF THE WORLD. AND New Vork and bought and sold in R. C. & E. Ll>: SLIT. Special. BAiNKBBS AND BllOKKUS. 18 Rroad Street, New York. BANKERS AND WALKER, N COLLJ.TUHNBR, JAS. TCRNEli. Memb. N.T. Stock Kxoh. 16 Co., < Stewart Brown's Sons, STOCK BROiiEKS, bouKht and sold on commission. of J. (Members New York Hlucfc Kxchatige.) Accounts of Bunks, Bankers and tit hers recelvedr Interest allowed un Balances. A slrictiy Commission Businesa in the purchase and sale of stocks and bonds. Private TeleKrapb Wire to .-Vibany, Troy. Svracuee, Rochester. Utica, Buflalo, Cleveland and Chicago. Draw on City Bun ^ London In amounts to suit. Special attention iriTen to tiecurlttes for Investmen', 38 Issued for the use of tnivelers In all parts of the world. BlUs drawn on the Union Bank of London. Telegrapklc transfers made to London and to various places in the United States. Deposits received subject to check at sight, and Interest allowed on bair ances. Government and other bonds and investment Bishop, 8c ANtt BROKERS, PINE STREET, NEAV YORK. No. 35 > BARING BROTHERS & CO., London PERIER FRERES & CO., Parts. MENDELSSOHN &. CO., Berlin. DAVK6. Execute orders In all secnrlttes listed at the New^ York Stock ExchanKO. For Sale, FiBST-CLAys Hailhoad Kikst mortqaoe Bonus GKORUK C.WOOD r. H. HUBST13 U M. r^WAN BANKERS COllUESPONDKNTS OF THF. International Bank of London (Limited) London. nesiirs. John Bcrrnbcr;;, Gossler & Co. BR0KBK8. ANT> A L BAN.K£ilS AND BROKERS, Co., BANKERS Members the New York Stock Exchange, No. 33 Nassau Street, New York, No. 4 Post Office Square, Boston. W I'nmsaot a tceneral Banking Business, Incladinfr ths PARIS. FOREIGN BANKERS, Chas. City T^ans negotiated. Schulz 3 31 BOSTON, MASS. securities & CO., Cor. Wall aiid Nassau Orders soUclted for London and American markets for Inyestment or on margin. Hallway, State and John Munroe BANKKR8 Au HUCCESBOKS TO Co., TlirocinortoB Are., Loudon, Kna. William Heath .fc any market. In CALDWELL, UASHULKX AMSTERDAM. Kidder, Peabody ALSr, William Heath SOX, Jt HOTTTNOTKB EDINBURGH, AND BRANCHES; No. 19 Exchange on MELVILLK. EVANS & CO., (LUMlfUW. . qnDOS C. J. HA9IBK0 & SON, NITIONAL BANK OF SCOTLANB, 1 ^ Ic domes! * dollArs. But and sell bonds, stocks and securities In all Am. erlcan, Canadian, British and Dutch markets on commission. Collect: dividends, coupons and foreign «r.,inland Drafts. Sell Bills of ON ( ULSTER BANKING COMPANY, CTAs'B^QmNclY.''^^''^ . Private telegraphic coniuiunication ,vlth the markets of Philadelphia and B.-dtimore. Railway and other securities bought and sold, No. Offer Investment Securities. SiniTH, PAYNE & SMITH'S, BANKERS, LONDON! MANCHESTER * COUNTY BANK, • ... Members of New York & Philadelphia Stock Exch'ges • ) Act ea Agents for Banks. Bankers and Ballroao credits, also f orelftn and travelers' letters of credit In pounds sterling Co., receive especial attention. WILLIAM STREET, Companies. Issue commercial & BANKERS AM> UROKEKS. No. 17 WALL ST., NE" YORK. Stocks and Bonds purchased for investment or carrled on margin. FOREIGN ORDERS, either by Oaule or mall, ALEXANJ>£U BABINO, Member N. Y. Stock Bicb. Tod & Co IMflB. John H. Davis COMMISSION O.VLV, BANKERS. NASSAU STREET. BILLS OF EXCHANGE ON 33 ESTABLL-lllBI) Accounts and Agency of Banks, Corporations, Arms and Individuals reeeiTed upon favorable terms. No. 63 and Btrokevs. ;BauliJCVB CO., York. New Street, ,1. & Co., PATON & JESUP, Tod. TRANSFERS H. KBKNKi>T BLAKE TELEGRAPHIC O. NOKTHCOia, OF MOKKY CUdSTRIES. "IliEfi ^AD BBTWBEN THIS COLLECTIONS OF DRAFTS drawn J. Kennedy HARE abroad on all points in the L nited States and j. Draw & Paton Martinique and Guadaloupe. In Francs, In any part of Europe. Asia. Africa, Aniand America. _ Bills of Exchange and make Telegraphic r':^n.fer. of Money or Fur op 'nri ratlfomla. Pftvsble In .ralla SUCCESSORS TO IHOROAN OLD BBOAD PT8KET, LONOON * CO., J. S. iTieii»r«. Europe and Havana^ John "t A.NI) AGEN-T!- ALSBERG GOLDBERG, Amsterdam, ALTMAN&8TETTHE1MER, Berlin. > Comuierclal for Travelers. Orcular Lette's Transfern. •Tallable Id all parts of the world. ATT0RNIT8 California, . >'e-w Y'ork. 18806 Letters of Credit for Trayelers, On SELIGMAN BROTHERS, London, SELIGMAN FRBRES & CIS.. Parle, SELIGMAN & STBTTHBIMBR, Frankfurt, and their Correspondents. BOVESriC AND FOKhlOS hAKKERS. Sble parts of the DE ROTHSOHItB, IHESSRS. PARIS. Street, all 8 BROAD STREET, No. 23 and ai NaMan No». 10 A N K K K B IsBoe Travelers' Credits, available In world, throuah the Boulevard llaUMnmnn. raiLADELPHlA & W. Seligman & Co., Co., J. BANKERS, \I'AI^L 0.34 Sooth & Co., August Belmont & Morgan It 3f change. i^oreigu §xch\xnQ&, ^forjeiflu govctfltt ^-ecttauflc. XXXIX. [Vol. & No. 12 Foote, WaU Street, N. t. \Ye make U. S. Bonds and Investment Securities a. specialty, execute orders In STOCKS and BONMfor cash or carry the same on margin. We transact a general BANKING business and ALLOW INTKRKST on DEPOSITS. Branch OfBces, connected bj private wire, Norwicli, Conn., and Boston, Iilasa. : JCLY la, THE CHRONICLE. lfc84.J Unvtiers anrt SvoTuvs. ^anlicvs nnrt |3volicrs. T C. & Walcott Co., BANKBnS AND BUOKKR8, No. 34 Pine 8lre«t, New York. TrauKact a tiencral Banking Baslness dtuckfiand Bundi bonght and sold od rommlsslon. received In Mining Btocka, »nd In UnlUted rolloctliiiinmade and Loans Naiiotlataa DiTldeiida und iDMrnt Collected. DoP'^slta rtM'elved subject to Draft. Interest Allowed. Investment HecarttlesaSpeolalty We Issue H Klrmnclul lU-port Weekly. Orden S«curttleii. Braucb Office, 330 llroadwar. Connected tpjr Private Wire. ( Members of the N. T. Stook Jos. C. WAtcoTT, Fkauk K. Dickinson, i and Mining Kzotaangw. & Taintor Holt, TRANSACT a UKMBRAL BANKINO DKP0B1T8 received and INTKKBHT bnslneu. allowed on balances. But and aoVBKNMBNT, MUNICIPAL anr sell KAILROAD Bought. Sold, and Carried on Margins. Intimate knowledge of Bonds. TAINTOR. O. D. Geo. K. 16 & 18 OBO. H. L'UUILIBR. W. Smith, 8. R. Broad Street, DEALBH8 se- IN gin, all seonrlUee dealt In at Exchange. Uitereat allowed on dally balances. AU deposits subject to check at slRht. Partlcolar attention to orders by mall or telegraph & ALnutn Walston H. Brown. Herbert Co., Brown. & Co., Foreign ExchanBC, Bonds*, Stocks and Miscellaneous Securities bouKht and sold on commission. JCTLIDS A. KOHN, DAVID OCHS. MOIIITZ OCHS, Memb. N.Y. Slock Exch. Memb. N. Y. Stock Ex. Hiram Dbwino. Clark Dewing. F. T. Buntsoou. (Member of New York Stock Exchange.) & H. Dewing Son, BANKER!^ AND BROKERS, New Vork. No. 18 Wall Street, Members New York and Chicago Stock Exchanges also Sell 20 luTeatnaent Seenritlee. W. C. Hnj- H. J. Railway Share Trust Co. (LIMITED), RANK RVILDINGS, No. 4 LONDO>, ENGLAND. Capital Paid Up, £971,860 SterUac. DIR^BCTOR& B. Bonds and Miscellaneous Securities. Correspondence Solicited. Quotations cheerfnllr ftuniahed. Esq., M. OKNsaAi. Henkt Hopkinson, MAI/;OLM A. LAINO, Esq. John Horatio Llotd, Esq. John Pcndeb, Esq., M. P. Slb Henby Chairman. P., C. 8. 1. Dkuumond Wolff, G. C. M. O., E. 0. B., M. Sib Chables Lawbencs Young, FRANCIS PAYY, Esq., P Bart. Managing Director. Company undertakes the hnslness of Trustee This Loans of approved to Issues Loans BKOAD STREET, NBW YORK. LAINQ, Rallirars, negotiates and on the London Market, acts as Agent for Railways and other Corporations, either In the mat. Stocks, York, P. O. BOX 2,647. WATLANS TRABK. A. M. KiSDraU Exchange. BANKERS. Transact a General Banking Business, Including the purchase and sale of STOCKS and BONDS for cash or on margin. Bnr and New York Mining Stock Rolston & Bass, CA^ Co. BANKERS, 18 WALL STREET, New THE NO. 30 NASSAU STREET, NEW YORK. A. Kohn Co., a Kxebangre Court. Naiv Vork. Walston H. Brown & Bros BANKERS, J. & R. T. Wilson BANKERS AND COMMISSION MERCHANTS New York Fred. a. Bbows. P. Town and BaUwar Boada CItr, sold. Lounsbeuy. B. IN National Stocks and Bonds Koaght and Sold on Commission. Accounts received and J nterest allowed on bal* lanoes, which may be checked for at siKht. No. All classes of bought and A DBALEUS BANKERS AND BROKERS. 19 Broad St., N. Y., ITIUU BnUdlue, Transact a Ueueral Banking Business. New York. on Commission, for cash or on marthe New York Stock Sell unquoted sell Petroleum EiobanKe. i Kimball J. HOLT FIRST-CLASS INTESTMENTS. Bay and buy or & Co., WALL STREET, 15 INVESTMENT SECURITIES. liANKKRS AND BROKEK8, No. 18 lYall Street, New York. Sons, Sistare's railroads for past twenty ourltlef will do well to oommunloate. F. H. Suits, t Members N. Y. Mining Private teleKrapb wires to Providence and Boston, a. B. all l^nrtles desiring to years, Kn& %xohtXB, Mahoney Fred. H. Smith, F. BROAD ST., NEW YORK. J. No. STOCKS, BONDS AND PETllOLEUM Robert J. Kimball. NEW YORK. WAI.I. 8TRKKT, Ill ^waCkfixs No. 20 Seventeen Years' Membership In the Stock Exchange. BANKERS, No. lU Simon Borg & ter of payments of Interest on Loans. Dividends on< or Registration of. Stocks In London, or otherwise. Co., WALL street', NEIV YORK. DEALERS IN ALL KINB8 OF No. 8 MOBSK. Cable Address— PAYT, London. Railroad and Inrestmeut Secnritles. (oLLlfiS.pOUDEN yEjVI^INS. SOTTTHBRB BKOnSITIES A BPKCIAI,Tr. & Oilman, Son -BARKERS- Co., Railway Debenture Trust COOTPANir (LIMITED), BANKEK8, Purchase and sell on Commission OOVERNMBNT and RAILROAD BONDS and STOCKS, and all classes ef Securities dealt In at the YORK NEW STOCK BXCBANas, or all reputable Securities bought and sold In the OPEN MARKET. LOANS and COMMBRCIAL PAPBR negotiated. Interest paid on DEPOSITS, subject to check. Mci^eftau & So* BANKERS, 5» Brondway, Y cor. Exchange Place, N. Brnncli tXIHce, l-^N L,n Malle 8t., Chicago. and Ues Sell W. H. Goadby& BANKERS 8 Co., BOODT, P. O. 447, C. W. Chew, C Stocks. Bonds and S. Government Secnrltlee Bought and Sold on Commission. Pondir & Co., Bonds & Inrestment Secaritlei> EXCHANGE PLACE, A. E. Batkmah, Memb.N.Y. Stook Bzch. GREEN N. T., Douglass obke?', New York Stock Exchange. on commission Advances made on business paper and other securities. BATEnAN, Prirate Wire to Washington. CO., WASHINGTON, D. 0. BATEMAN A (LIMITED,} EONDON, ENGLAND. Aetbarized Capital, ..... £4,000.000 SabBcrtbrd Cnpltnl, ...... 4,UU0,0UU Fatd-Up Capital, 1,000,000 Reserve Fund, £300.000. HEAD OFFICE, THREADNEEDLB ST. BRAJiCBBS ...... Bond Tottenham Court Beed Street, Ludgate Paddlngtoa, Aldgate, Old Street, Ulll, Knightsbrtdge, Holbom, London. The Bank,while conducting the general business London Bankers, gives special attention to the of Agency of Foreign and Colonial Banks. A. G. Memb-N. Y.Cotton Exch &. Corner Broadtvay, 86 WALL BTRBKT, NEW VOKK. STOCKH, BO.VDS •£ COUilEKCIAL PAPER. and ForelKU ExchaiiKC Stocks, Cottou Stocks und Bonds bought and sold at Snrplme The City Bank, % ExcbanKeCourtdcSa Broadivajr,N.V stocks, Share Trust (Limited). CAPITAL PAID UP, with STOCK BROKERS, 20 AVall Street, Directors as the Bailway £1,956,410 SterlloK. Orders executed on the London and European market. BANKERS, Same York. & Simons MCLIXLAS, Jit. UNITED BANK BUILDING, LONDON, ENGLAND IlSD BROKERS, nrALL STREET, New Box REtruEN Lelakd. BANK BUILDINGS, 4 Company JA8. D. SIMO.VS, BITIKLT CHKW. TRANSACT A GENERAL BANKINO WCLUDINO THE I'URCUASE AND BUSINESS. 8ALI» OK Member N. Y. Stock Exchange. STOCKS AND BONDS KOR CASH OR ON MAR. Member N. Y. Produce Exchange. eiN. BUY AND SELL INVESTMENT SECURlJohn Fondik. Augustus Nathan. riKS. INTEREST ALLOWED ON ""^"n'-io DEPOSITS SUBJBtTT TO CHECK AT SIGHT. U. A. No. Banking Business, bny GoTemment Bond! and Inrestment Securl- No. l3oodt|t CEDAR STREET. No. 63 In addition to a General A. P. GO KENNEDY, MSnSger. TURNER CO., THREADNEEDLE STRKBT, &. LONDON. w .rovna m. JiBEBS 5 Ncw York j phiiadeipiiia stock Exohaoge. Stock Bxchsiige. ) THE CHRONICLE. & Brothers Blake Bank of Co., L.0ND01W, ENGL,AKD, Solicit accounts and agencies of Banks, Railwars Clorporat'lons, firms and Individuals, upon fayo> able terms; also orders for the purchase and ic on Commlasloa sale of Bonds, Shares, 4c., on the Stock Exchange. Hecotlate Railway, State and City XxiaBS and laaae Commercial Credits available in all parta of the world. AIHSXERDAin, fI4>I<I.AND. KSTABUSHED Pald-(Jp Capital, 12,000,000 Gnllders ($4,806,000 Gold.) HBAD OFFICB IN AMSTERDAM. Agencies In Batavla, Soerabaya and Samaraxig. Correspondents In Padang. Issue Commercial credits, make advances on shli>. ments of staple merchandise, and transact other business of a financial character in connection with the trade with the Dutch East Indies. BI.AKE BROTHERS & 18 Adolph and Canadian Funds on all points in Canada; American and Sterling Exchange, and Stocks, Bondsetc, bought and sold. CnrreRiwndentB— Bank of New York, New York; and Alliance Bank, London. PRIDEAUX 8ELBT, %&yxi gttfllaud gawlijcx;?. BANKING CORPORATION. TOWNSEND, Acent, 47 William St. - WALL & Nos. 59 STREET. 61 WALTER WATSON, ( Agents. A<70ii*« AMSTERDAM, HOLLAND, J Buy and sell Sterling Exchange, Francs and Cable Transfers: grant Commercial and Travelers' Credits, available In any part of the world; Issue drafts on and noake collections In, Chicago and throughout the Dominion of Canada. Bankvereeniging, B. W. BLIJDENSTEIN & AmSTERDAm, • CO., — Guilders (»3,200.000.— " 7,871,100 (13.148,440.-) Head 840,863 87 " (»889.045.55) Amsterdam. BRANCHES London— EXCHANGE & INVESTMENT BANE Office, W. BLIJDENSTEIN i, CO. * 56 Threadneedle Street, E. C. Rotterdnm-DE WISSEL-en EFFECTENBANK. Enschcdn— B. W. BLIJDENSTEIN, JR. Almeloo— LEDEBOER & CO. Transact a general Banking and Commission Busl. ness in Bills, Stocks, Shares, Coupons, 4c. New York Correspondents Messrs. KNAUTH.NACHOD HEAD change, Cable Transfers, issues Credits available in parts of the world, makes collections in (i)anada New York Agency, JOHN B. HARRIS, ) JR., ,„„„,. Agents. f Anglo-Californian Bank BOSTON Correspond'ts, Massacliusetts N. 4nt1iorized Capital, Paid-up Capital, - Reserve Fund, - • Bk $6,000,000 - 1,500,000 400,000 - Transact a general banking business. Issue Commerclai credits and Billsof Exchange, available in ;iil §*rts of the world. Collections and orders for lldnrts, tocka, etc., executpd upon the most favorable terms. P. N. FRKD'K F. I,(nV. i„ IGNATZ STKl.NUART.J*''"'^*'"LILIBNTUAL, Cashier. L. de Steiger & Co., North America, Chlcajio. CIRCULAR NOTES CIAL. Issued in Pounds Sterling parts of the world. ISil^l'KD for use in Europe, all C()MMEK- CUKUITS (hina. Japan and the Ka^-t and West Indies. Also, In name of BUAZII.IAN Limited, available In the Brazils, River M\Mi NEW LONDON & Plate, &o. Bills collected and other banking business trans- acted. 1). A. McTAVliTH,;( .„„„.. Agents. H. 8T1KKMA.N, UOWl^AND, D. R. Pres't. WILKIE, & Stackpole, BANKERS, DEVONSHIRE STREET, No. 60 BOSTO:^. C. E. & Jackson sell Banks a InK Co., Government, State, Municipal and specialty. Investments for Sav- Collections Ttiade. gaXtimorc jankers. Wilson, Colston & Co.^ BANKERS AND BROKERS, BAIiTLTIOItE. INVESTMENT and SOUTUER.N SECDRITIE8 a specialty. Correspondence solicited and Information nished. N. Y, Correspondents— McKIm Brothers BRANOUES: Brandon, Man. & Sterling Exchange. Agents In London Agents in New York: BOSAmjUBT, SALT&CO., BAMK OK .MoNTKBAL. Dealers In American Currency Td Lombard Street. No. 7 Cashier HEAD OFFICE, TORONTO. : BREISEN, GEBDIANir. BOSTO.V STOCK EXCnANOE. Parker $678,000 Catharines, Port Colbome, St. Thomas, IngersoU Welland, Fergus. Woodstock.Winnipog, Man,, BANKERS, MEMBER OV A fm. Co. Imperial Bank of Canada. Robert Garrett & Sons, BANKERS, • - - $1, 500,000 CAPITAL (paid up), SURPLUS, 3t. Co., 4, BOSTON, mASS. Sterling Exchange and Cable Transfers. Issue demiind drafts on Scotland and Ireluna; also on Canada, British Columbia, San Francisco and Narr & Co., ATaERICASr BANKERS, & No. 4 Exchange Place, Room No. sell avalhible In Bo8t.rn* COMMISSION STOCK BROKER, WALL STREET. No. 52 Buy and New York and Samuel G. Studley, Railroad Bonds and Stocks. 8. Wuthrnann Exchange. OTIBBI.ETOVVN, CONN., U. E. PROVIDENCE, R. I. Dealers In ComBierclal Paper. OoTernment and other first-class Bonds and Securltkes and Foreign Buy and BANKERS, FB.4NKF0BT0N-MAIN, GEBMANY. STCTTGART, GEBMANY. TTEYROSSET STREET, BANKERS, OF British & Co., BANKBRS AND BROKERS AGENCY OF THE Bank NEW YORK Agents, J. & W. Seligman & Co. Wilbour, Jackson No, 61 'Wall Street. HENRY HAGUE, ; LONDON, SAN FKANCISCOOmce,422 California St. Dealers in Mnnidpal. State and Haitroad Bond*. Charles h. Sheldon, Jb. Joshua Wilbottr, Bknjauln a. Jacksok, Wllliam Binnkt, jb. BANKERS: »nd elsewhere, and issues Drafts payable at any of the offices of the bank in Canada. Every description of foreign banking business undertaken. Co.), STATE STREET, BOSTOiV, MASS. LONDON, ENG.—The Clydesdale Bank (Limited.) NEW YORK-The Bank of New York, N.B.A. The New York Agency buys and sells Sterling Exall & Co., No. 40 OFFICE, JflONTREAL. GEORGE HAGUE, General Manager. J. H. PLUMMER, Assistant General Idanager. & KUHNE (LIMITED). Head Offloe, 3 Angel Court. (Formerly CHAS. A. Stvebt $5,700,000 Paid Up. ....... $1,150,000 & Dupee BANKERS AND BROKERS President, ANDRBVT ALLAN, Esq. Vice-President, ROBERT ANDERSON, Esq. : B. Nos. 55 Perkins, Private TeletrraDh Wire to OF CANADA. . and United State* Bonds. No. 9 Blrebin Lane. Merchants Bank Capital, Resenre, ALSO, Dealers In ninnlclpal, State, Railroad Si Office, 1(161. Subscribed Capital, 8.000,000 Pald-Up Capital, Reserve Fund, London HOLLAND. - ESTABLISHED BOSTON. MEMBERS OF THE NEW YORK AND YORK OFFICE, Alkje'rLano, De Twentsche No. $12,000,000, Gold, $6,000,000, Gold, - F SMITHEES, President. W. J. BUCHANAN, General Manager O. COnnilSSION nBROBANTS, Co, Estabrook, BANKERS, 35 CONGRESS STREET, BOSTON STOCK EXCHANGES. e^atiadiatx gatxfe^rs. JfJJTF Blake Bros. & & of and London. AND N. T. Coirespondenta— Messrs. Cobb Brewster, »7'?S2-SS2 4,100,006 Oedit for use of Travelers, and negotiate or collect Bills payable at Bombay, Ca.cutta, Singapore. Saigon, Manila, Hong Kong, Foochow, Amoy, Nlngpo, Shanghai. Hankow, Yokohama, Hlogo, San Francisco A. M. Commer prlven to Collection of Shanghai CAPITAL RESERVE FUND CAPITAL, SURPLUS, & Co. Boissevain BANKERS Hong Kong & Prompt attention clal Bills Secretary. Bank of Montreal. STATE STREET, BOSTON. 28 Guarantee and Reserve Funds, £727,710. Letters of Credit and Drafts issued on the 109 Dranches of the Bank in the Colonies of (Queensland, New South Wales, Victoria. South Australia, Tasmania and New Zealand. Bills negotiated or sent for Collection. Telegraphic Transfers made. 'Deposits received In London at Interest for fixed periods on iemis which may be ascertained at the ofHce. CO., AQXNTB FOK NORTH AMERICA, WALL STREET, NEW YORK.. Buchan, BANEEBS AND STOCK BBOEEBS, TOROHfTO, CA]¥A1>A. HEAD OFFICE, HONG KONO. The Corporation grant Drafts, issue Letters IN 1863. & Gzowski Australasia, (INCORPORATED 1835.) 4 Tbreadneedle St., London, England PAID-DP CAPITAI., f 1.600.900. . Nederlandsch Indische Handelsbank, ^anluers. ©atiaxXiatx loxziQU 'gnnUtvs, ^0t;jei0tt l^awlijetrs. XXSIX [Vol. I SS Wall Street. Promptest attention paid to collections payable In iny part of Canada. Approved Canadi.in business paper discounted at the Head Office on reasonable terms, and proceeds "vv,^ remitted by draft or New York. SOUTH STREET, BALTIMOKE, TRANSACT A GENERAL DOMESTIC AND FOREIGN BANKING BUSINHISS. J. WM. MIDDKNCOBr. Wsi. B. Olitkb. Middendorf, Oliver & Co. BANKERS ANB BROKERS, | (KEYSER BUILDING), & £5 GERMAN STREET, Nos. 23 Box 397. BAI.TimORE, MB. Members Baltimore Stock Kxchaujie. ; July THE CHRONICLR 1884.] 13, geicstcvn '^miktvs. ^cunsijlwauiji giiulicvs. TUB aOBBBT M. JAXirST. Jos. M. jjUOCMAKIB. jlp«cial InxiJCStmctitB. W. J. MOBPBT, PrM't. Uio. B. Lonxo, lS-.?.".'7/;,-ivice-Pr«n. Beo'jr. Texas Land & Mortgage Texas Investment Co., Jos. M. Shoemaker & Co. 00m'A\T LIMITED. AND STOCK IIROKKUS, No. 134 SOt'TH THIKD STU£ET, FIIILADELFIIIA. & Narr OF FORT WORTH, TEXAS, Transact a general Financial and Agency Business In the Stale of Texas and Europe. New York Correspondents: C.K. WEIJ^RSLBY, Blake Biiuh. Jk Co., (Moeral Manager, Wall StrMt. DAI.I.AH. TCZAi. LIVE STOCK, RANCH TROPERTIES, SECURITIES, Ac. Gerlach, BANKEKS AND BROKERS N. W. Harris & Co., IKVESTiHEIWT BANKERS, CHESTNUT STREET, PIIILAUELPIIIA. No. 3^2 DEARBORN STREET, CHICAGO, ILL. W. & Clark prk'VTTNQ Co., Write us B.INKERS, No. 3a SoutU Third DEALERS IN CAR TRUSTS AND OTUEB INVKSTMGNT SKCURIT1B8. P. & Brothers Co., & Geo. B. Hill all Wm. W. Thoknton, Cash. F. TIIORNTOi\ di; SO.\, (Established 1«M),) Co., BROKERS, PITTSBVRO, PA., BOlI to 10 per cent, for sale. BANKERS PITTSBIJRC, PA. ftii<3 4M W. Dealers In (Jorernraent. State. County, Municipal and Railroad •onds. Kxecnte orders In all 8BCUKiTlBd listed at the New York and Phlladelpbla Stook BzcbanjnM by Private Wire. Bur Defaulted Bonds of Missouri, Kansas and Illinois a Oood Investment becorltles, paying from 8i>eclalty. ^VOOD STREET, No. 9T BROKERS, A.ND BHELBYVILi£, ILLINOIS. Collections made In Shelby and adjoining Counties and Proceeds remitted on Day of Payment. RBFBKBNCES— National Bank of Comjjcrce.New Fork. Ui-lon National Bank, Cincinnati. Third Nation- 1 Bank, St. Louis. Traders' Bank, Chicago, Harrison's B ink. Indiftnanolls D. O. FONE8, President. J \ STATE BANK, JC. T. Incorporated ISTS. WALKEK Cashier. { German Bank, Western PennsylTaniA Correspondence solicited. classea of Securities. Co., OLIVE STREET, ST. LOUIS, Dealers In IVcittorn Securities. Tbos. M. Thoknton. BANKEKS AND BROKERS, • - - $250,000 . Prompt attention given to all business In our N. Y. CoiiHEspoNDEXTS.— Donnell, Lawson line. it and the Metropolitim National Kanlc. Co. CAPITAL, $500,000, We give special aocesstble points. attention to collections on all Geo. H. Prentiss DiKECToiis.— Benjamin A. Botts. Pres't; F. A.Rlce, C. C. Baldwin. W. B. Botts, Kob't Brewster, S. K. Mellhenny, B. V. Weems. B. r. WbKMS. Cashier. BENJ. A. BOTTS.Pres't & Thos. P. Miller lutxestmciitB. Jipjcciivl Texas. Co., No. 49 WALL ST., & Special attention paid to collections, with prompt remittances at current rates of ezchan,{e on day of payment. Buy and sell State of Alabama and City of Mobile Bonds. Correspondents.— Bank of the State of New York New York Jjouislana National Bank, New Orleans Bank of Liverpool. Limited. Liverpool. AND T. Blackwkll, J*resident. The Bank C, N. B. Safe Investments. PER CENT BONDS and MORTUAUE.S Choice first mortj^accs in the beat FftrmlnK I>l!(tr1cta In Iowa. Mi.'tsoun, Kaii.tas and Nebraska. Intereet paid at your own homo In N. Y. ExcliaiiKO. TwelTB years' experionce in loaning for Private Investorfl and Trust Kunds. Send for circular Kivinjr full |iarticulars us to loans, references, etc. CHAS. NoHTON. Cash'r. Lew C. Darrow, B. Refer to GiJ.MAN, Sox & Co., Bankers. N. Y. City, MKiicnAXTS' NATION A I, IlA N K Chlcawo. . the Prest. Illtnols. weistjbrai Farm Mortgage Co., IiA\rRENC£, KANSAS, Offers to loTestors the best. Becurities in the markat riKST MORTGAGE lA^ANS UPON IMPROVED FARMS. Interest and principal paid on dar of maYork. Funds promptly placed. Ijarftc Nolossee. Send for circular, leferencefl and sample forms. ^iT.M. PERKINS, Preeldent: J. T. WARNB, Vice-Pre«it,; L. H. PERKINS, Secretary. OHAfl. W.GTLLKTT. Treae. N. V. HART. A uditor tority in New experience. TOPEKA, KAN. GEO. M. NOBLE. Seo. T. B. SWEET. Pres. Is the oldest and tarf^est institution In Kansas. glvinK exclusive attention to the NoKotlatinK or LOANS at high rates CHOICK FIRST Of Interest. It has neeotiuted over S<i,0OU«00O of these loans for SavinKs BankH, Insurance Companies, Estates and private parties East. Send for ^^^ Farm Mortgages Sams of $100 and Umrards on In- diana and Ohio Land». NOTHIXQ SAFER. ALWATi' PROMPTLY PAID. 8KND FOR PAMPHLET. JOS. A. inoOHE, S4 East market St., IndlaiiapoIlB, Ind. NASSAU 8TKEET, IN CITY RAILWAY STOCKS G^AS STOCIiS, STOCKS, CO.'S TELEGRAPH IN. 8«o. n. Pbentihb, Member N. Y. Stock Exchange. from Interest date of receipt of money. TKUST BROOKLYN SECURITIES DEALT 7 Bank W. W. WALSH Stochg. Reed STOCKS, Imurance Stockii. & Flagg, attention to collections. Bdkeuss, Pres'U A. K. Walkik, CoUMtlons made on all parts of the United States BA\'K OF <;iIARLESTO]y, Bankino Associatioji CHARLESTON, 8. C. Spbcial Attention given to CoLLicnows, MERCH.\NTS' N.\TIONAL BANK, RIOH.HOND, VIKGINIA. Collections made on terms; prompt returns. ^ ai; Southern points on best •'""•"* P- F. Gi.E.vN.Cash. THOMAS SOshs. B'way & 7th Ave. 100 shs. Second Avo. 8h». Cent. 1". .V. & K. K. 1("1 shs. 'I'went v-Third 50 »h.<. Chr'er & lOlb. St. 2(1 slis. Atlantic Ave. 5<) & St. , 200 sh.^. Brooklyn CKv. 50 shs. Klghth Ave. 20 nhs. C. I. & 'llrooklyn. 100 »h». ViiX St.Miin.& St..N UK) .ihs. Chieiivo City. ;t0 sh.<. I). D. E. B. BKOKERS AND DEALER Sj 1). ' Wm. C. ConHT.N»T.Pres. Kunkst H. Pkinolk, Cash Natio.vai. Duncan Building, Cor. Nassau & Pine Sts. KNTRANCB NO. 11 PINE STREET, FOR S.4LE-CITY BR. STOCKS. Cashier First National Bank, lyiLMINGTON, N. C. John Stocks and Bonds SEE GAS QUOTATIONS IN THIS PAPER. With ample means, and facilities excelled by no Bank In the State, invites correspondence and pays Uced, llanchnian, and iJlrector in First National VV. A. llulTnuin, dealer in AKrlcultural ImSidney Martin, of Martin. Brown Co., Wholesale Dry Goods VV. J. Morphy, Cattle Dealer | Ueorge B. LovlnK, MiinaKer Lovlnji Publishing C04 F. Evans. J. Ranchman and C^tle Dealer. DEALER AND AU, KINDS OF of Durham, DURHAM, pedal Street Railroad Traders' Na. Bunk; No. 21 GAS SECURITIES, P. A. WILET, Cashier. President 1>. lu BROOKLYN. CAS STOCKS W. of Co., Ain> BANKERS, raOBII.E, ALABAISA. : N»- Brltton. President City Boiiz. Smth. .Mayor of Fort Worth, and tho bunklnKllrni of Tidbali, Van Zundt &Cf>.; J, circular. NEIT VORK, 308 inONTAGlIE ST., J. MORTGAGE THE CITY BANK OF HOUSTON, Houston, W. J. P. Kansas Loan & Trust Co. LITTLE ROCK, ARKANSAS. Capital (Paid in) ; ; First National Bank, Corning', Iowa* & Keleher F. Bunk Bank NKt:OTIATi:i) liV TIIK 187L 305 Stooks and Bonds Bought and Sold on Commission Rea If KI.M>S ur ; entire Issues receives special attenyou wish to buy or sell. E8TABUSUBD Philadelphia. St., DlKEcrrous.— A. M. tloniil tloniil Town, School, and Car Trust Bought and Sold.. The funding of AM, Paid-apC;apiUI,$l 00,000. SarplaH,$50,000 State, County, City, DV.'IN LfiJ, tlon. DEAI.RH.S IN plenionts; No. 176 Ordeni executotl by privute wire in New York, Bos ton and ItHltliiiore. I>nt(u InmitKl on all principal points In tbe United Btatea and Kurope. E. LIMITED, (OF LONDON, ENGLAND), BANKKIia BRANCH. President. kked. h. scott. vice-Pres't BKAIVCII & CO~ BANKERS AND COMMISSION MERCHANTS RICHMOND, VIRGINIA. Virginia Bonds funded under the Funding Act passed by the limt I,enM .laro. for per cent commis•loii. New NoitbCiir.ill in « per cent bonds, secured by lien on the state's stook la the North Carolina Ballroad, (or sale. H J. P. Wl]>ITRIKGII4in[, No. 36 PINB 8TIISBT, N. Y. No. 6 "WAl^lj NEW YORK. CITY RAILROAD STOCKS & BONDS BOUGHT AND SOLD. See quotations of City Railroads In this paper. TO HOLDERS OP DEFAULTED BONDS. The undersigned all Invites with RE- PUDIATED BONDS of Cities, Counties. Townships or School Districts. Will purchase at best rates. Give full description and address T. J. CHEnr, JR., St. Joseph, no. STREET. Bonds and Investment Securities TV A N T B D: Rome Watertown & OizdensburK IbU and 9da. Oswego & Rome Bonds. St. Northern Indiana Bonds. Terre llauto A Indianapolis :ftook. Mexican ((.'oriiss) Bunds. (irtind Kapids k Indiana Bonds and Stock. Jollet 'rilK correspondence WKSTEUN DBKAUI/TKD OR s Albert E. Hachfield, H. L. Grant, No. 145 BROADWAY, holders of B O TV r> PKINtKTON N.\TION.\L JL B.\.NK. loi-ntod at ITInci'tnn. In the M«:p iif No-v .ItT-iv. i< Ii.^inn tip it.s alTairs. All noteli-ildcrs i^ of .tald a-s-Huciatlnn, are thereaiil<'il' >-nt tliu notes and other claims for.- ii< < as:ahi-Dat,'d.N...j ;'jn for payment. ... .-'1. S. T. SGGBH, Cas'iler. , THE CHRONICLE Car Trust Bonds. SAFlt 8BCUBIT1BS, AND BUT AND SKLI, 8AMB AT MARKET PRICE. WB OFFER A LIMITED AMOUNT OF DESIB ABLE CAB TRUST ISSUES. ADDITIONALLT SBCURBD BT THE DIRECT OBLIGATION OF TM RAILROAD EQUIPMENT COMPAK V. MARTIN & POST, E. Improved Property Northern CO., Pacific RAILWAY COMPANY Worth from Three to Five Times the Amonnt of the Mortgage, IIVTEREST SEMI- AUTHf UAL. Bailey, S. SIX PINE STREET. T ON AND PINE STREET. No. 34 MORTGAGES FIRST SAINT PAUL SPBCIALTT OF THBSB VERT WK MAKB A WimiUCi&X. financial. special luucstiiientfi. CEIVT P»EI«, AND PAID PROMPTLY INSURANCE STOCKS A SPECIALTY. they Caali paid at once f"r the above se<jurltle« or W'JI be •oW on commission at BBllnr's ortion. ; THE SECURED BY M0RT9A9E UPON MosTHKAr,, We have had ments in Minneapolis and .luly 7, 1884. TURKE two KENNEDY London, England. The transfer books of the company will be closed in London at 1 o'clock P. M.. on Saturday, July 13, and in New York at 3 o'clock P. M. on Saturday. July 26, and will be re-opened at 10 o'clock A. M. on Monday, August 18, 1884. order of the Board, C. SIXTY-SECOND DIVIDEND. New Youk, June 28. 1881. for the SIX MONTHS ending June 30, be paid on and after July 16. 1884. to depositors entitled thereto, in accordance with the laws of the State and the by-laws of the bank, as followsOn accounts which do not exceed f 1,000 at the rate INTEREST FOUR PER CENT per annum. of more than $l,oOO, at FOUR I'KK CENT nor annum on the and THREE PER CENT on the excess. On accounts DEPOSITS made on the rate of draw Interest from July $1,000 flrst or before July 10, 1884. will I. 8. W. SNEDBN, President. LAKE SHORE 'PHE -l A: iniCHIGAN southern railway co., Tbeashbeb's Office, Gkani) Central Depot, T. i New Youk, .lune 2i5. 1884. 384.^ The Boai d of Directors of this Companv have this day declared a QUARTBllLY DIVIDEtiD of ONE AND ONE HAI> PER CENT upon its capital stock, FRIDAY, the FIRST DAY OF AUGUST, payable on NEXT, at this ofBce. The transfer books will be dosed at 3 o'clock P. M. on MO.NDAY, the 30th inst., and will be re-opened on the momlng of Tuesday, the 5th dav of August B. D. next. WORCESTER, Treasurer. liOITISA: SAN FRANCISCO RAIL- ST. WAY COMPANY. 15 Broad St., (Mills Building), New Youk, July 11, 18*1. Tlie usual Semt-Annual Dividend of THREE AND ONE-HALF per cent on the First Preferred (3(4) Stock of this Company has been this day declared, payable on and after Aug. 1, 1884, at this office, to stockholders of record upon the closing of the books, aa stated below. The transfer books of tho First Preferred Stock will b« closed on Thursday, 17th inst. at 3 P. M., and re-*pened on the morning of Aug. 2, 1HS4. T. W. LILLIE, Treasurer. PAUL ST. dc NORTHERN PACIFIC July July 20 Naa.sau St.. New York City, on and after transfer books will be closed from 15, Inclusive. GEORGE 8. JONES. June 30 Treasurer. ARIERICAN LOAN & TRUST PANY, 1 13 tliat Company Agrees to Pay Principal and Interest the New York, July 11, 18S4. THREE PER CE.\T on the capital stock of this com))any for the past six months has been declared, payable on and after July 26. 18H4. at the office of the company. Transfer books close July 16. at 3 P. M.. and open <m tho morning of the 27th of July. W. D. SNOW, aecrctary, 'THE COUPONS J- Allegheny New July NOW York. DIJK OF THE 7, 1884. Valley Railroad Company's 7:J-108 bonds will be paid at the banking house of Messrs WINSLOW, LANIBR & CO.. corner of Nassau and Cedar Streets, .Now York Clly, n luiil after this date. T. H. HOIllNSON. Treasurer. . by is and the safety evidenced by the fact when negotiated • us. Loans are made only ou very desirable, im made a thorough personal inspection of the and the abstract security on these Bonds. of title and approved by our Counsel. And examined in no case do we loan more than 33 1-3 per cent of the Principal Due February Coupon Interest 1, 1923. Payable Seml-Auand Aug. 1. appraised value of the property. Located as Registered Interest Payable C^narterly, on the 1st Days of February, inay, August we are at Kansas City, the Metrop- 1 olis of and November. the Southwest, with a population 100,000, we of are able to select from the most desirable locations, and place money to a much better advantage for the lender than firms lo- The St. Paul & Xorthern Paoiflo Eailway is completed and in operation from its .lunotion with the Nortliern Paciflc Kaili cad at Braineid to its terminal gronucs in Minueapolia, about 150 miles. of tlie NortUem Pacific Kail- road passes OTer tliis lino to and from the cities of Minneapolis and St. Paul, wliere connections are made witli the railroads running East and cated in New York or Boston, where they can- not have a personal supervision of the investments. Satisfactory references will be The borrowers pay us Interest is collected York exchange the day charges to Investors. desired. Write us. stating to Invest, and Duncan Building, No. 11 Pine NEW YORK. JARVIS, CONKEIIV Charlier Institute, FOR BOYS AND YOUNG MEN FROM SEVEN TO TWENTY. Re-opens September 28. Thirtieth I8S4. Commencementjune 15, &. CO., Avenue HOTEL, ^T&W YORK. The Largest. Best Appointed and Most Liberally Managed Hotel in the City, with the Most Central and DellRhtful Location. HITCHCOCK, DARLING & & Spencer Trask Bankers, Nos. 16 ANT) 18 JOSEPH GILLOTT'S STEEL like CO. Co., Broad Street, 1885. Over 2,000 pupils prepared for Colleges, ;8clentiac Schools and Business. I>EIVS. ALL DEALERS THROUOHoirr the WORLD. Gold Medal Paris Exposition— 1878. SOLD BT with no CITY, MO. Madison Square, pctBccIIaixiewtts. falls due, New ask for particulars. Fifth Street, it in how much you would KANSAS REED & FEAOO, and for our services, and remitted by ua The St. Paul & Northern Pacific Railway Company has earned and paid cash dividends on its Capital Stool£ at an average of more than Six Per Cent per annum since 1 S79, when the line was opened for husiness. We offer a limited amount of these Bonds for sale, and will furnish further particulars if fur- nished. South. COin- Bkoauway, A Dividend of to capitalists, proved and productive property, after we have Wherehy 108 TTest 50tU Street, Central Park. 15, 1884. The and dollar of interest or principal RAILW.'VY CO.AIPANY. & CO.. Companies, Saviogs Banks, Trus- that not one ot our iuvestors has ever lost a A semi-annual dividend of TllRBK PER CENT on the Ca))ital stock of this company will be paid at the banking house of Messrs. WINSLOW LANIHK for Insurance 999 WORTHERX PACIFIC RAILROAD CO^PAWY, The entire traffic G. N. CONKLl.v, Secretary. properly, during which time we have placed large sums of money of these investments 1884, will of experience of several years in money on improved lending tees of Estates COXrRACT WITH AND LEASE FOR YEARS TO THE nnally Feb. 1 Paul, St. AND ALSO BY A DBINKWATBR, Secretary. SAVINGS BANK, METROPOLITAN Nos. and 3 Third ave.. opp. Cooper Institute. one of the lew classes ot securltie is pression in financial circles. ITS WAY half-yearly dividend upon i he capital stock of PbB CE^T this company, at thn rate of per annum, secured under aftreement with the Government Id the Dominion of Canada, and a half-year'- ""pplementary Interest dividend at the rate of PBK CENT per annum, declared by thll company, together forming a half-yearly dividend on the jtock at the rale of FIVE PBK CENT per „ annum, will be paid on Aucust 18, 1884, (tue 17th beiuK Sunday.) to stockholders of record onthatdute. Warrants for this dividend, payable at the agency of the Bank of Montreal. 59 Wall Street, New Vork, will be delivered on and after August 18, 1884. at the office of the company's agents. Messrs. J. TOD & CO.. 63 William Street, New York, to stockholders who are registered on the Montreal or New York Register. Warrants of European shareholders who are on the London Register will be payable in sterling at the rate of four shillings and one penny halfpenny (4s. l^d.) per dollar, less income tax, and will be delivered on or about the same date at the oflice of Messrs. Moiti)n, Hose & Co.. Bartholomew Lane, This that has not suffered any during the recent de- and Land Grant, and upon CANAMAN PACIFIC RAII.- Railroad COMPANY, Terminal Real Estate and Improve- OFFICE OF THE SECRETARY, By FORTY-YEAR GOL,D BONDS, piuitlcnds, ^c. The NEW YORK IN EXCHAIfGE. DBALINOS IN 'gnttxtstf XXXIX. fVoL. Transact a General Banking Business. Branch Offices: Connected by Private Wires. Philadelphia, 133 South Third Street. Albany, N. Y., 65 State Street. Providence, R. I., 13 Westminster St. Saratoga, 1^. Y., Grand Union Hotel. . mmxd^ xmtk HUNT'S MERCHANTS' MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. VOL. SATURDAY, JULY 39. CONTENTS. FlnaortHl Sitiiatton Relief f.ir Viuprloan Slilppinfr. Ruilroail luiriiiii^!* in from Jan. Monetary 34 EnKlisfi yet 39 41 uud tbeLonia 39 Bxelumife, U.S. Hecnrltlos. 9tat« •nd Railroad iioiids and Stocks Range In Prices at the N. Y. Stoek Exch:ince Quntationsof.Stocksand Knnds New York I^oal Seonritics Railroad EaruluKS aud Bank Returns luTcstments, and Mtate, City and ConmratloD Finances... Forpi)?ii 42 43 44 45 46 47 THE COMMERCIAL TIMES Oommerclal Epitome Cotton 49 I 56 57 Breadstulls.. 50 Dry Goods... 1 3^Ixc CThratticIe. Financial Chronicle m publiaAed in York every Saturday morning. Thb Commbbcial and New Batered at the Post Offlen. New York. N, Y., as seoond-olass man matter.J TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE For One Year (Including postage) KorSix Months do Confining ourselves to it is and *re evident that have shall be able again railroad earnings the illustration all kinds of are lacking now, traffic to wait at least until the crops are not only but in good raised, part marketed, before the people will absorb the product of our looms and to and so restore to the roads in full the old conditThe industrial situation has of late changed in character and in the nature of the remedy required. Business has been growing less instead of more productive, consumption has fallen off instead of increased. A disease that eighteen months ago was hardly observable has furnaces, ions of traffic. made so great progress that finally a kind of chronic culty is diffi- developed out of which we cannot emerge by a And leap. i $10 20 6 10 crops cannot produce immediate restoration. of raising aSord, THK HANKERS' GAZETTE. Money Market, is, as we have several times stated. And must not be forgotten that the country has reached it such a condition of industrial depression that the simple Commercial News 35 I and News Commercial and Miscellaneoiu June, aud to JiinellO Uliulstuiie Cabiuet Tlia 31 99*. believe there THE CHRONTCLE. The NO. 1884. 12, all we mean to say is thai such spasms as have been witnessed from time to time in securities have no Annnal subscription in London (including postage) *2 78. Sixmos. do do do «1 8s. These prices include the Investors' Siip(ilement, issued once in two months, and furnished without extra charge to subscribers of the Chronicle. lation to A any possible troubles real recovery indication may be re- which may be in progress. the of extent of our present observed in the bank returns. It will be Subscriptions will be continued until definitely ordered to be stopped. for remittances unless made by noticed that the deposits in our associated banks, accord- A ing to the figures of last Saturday, had been reduced to 290 The publishers cannot be responsible Drafts or I'ost-OfHce Money Orders. neat Hie cover oenta. is furui.shed at .50 centJi postage .snbscriljera at .^1 00. ; on the same Is 18 Volumes bound for million dollars. That is to say they are now about 70 London millions less than they stood on the 16th of February when la with Messrs. Edwards & s<mith, 1 Drapers' Gardens, E. C. where nbscrtptiuiis and advertisements will be taken at the regular rates, the silver disturbance occurred. Of course the loss is in part and siDKle copies of the paper supplied at Is. each. The olllco of the Chronicle in Liverpool is at B 15, Exohanco on city accounts, but mainly as we understand it on country OflBce* In The offlee of England. the CoMMEiiCiAL ajjd Financial Chronicle In BttUdlngs. wTTiiinf n ntvi o PLOii) O. FLOID. Sbm *OHK ) f J W^ILIilAin B. DANA & Co., PnbllKbers, balances. Events have scattered the latter throughout the T9 & 81 William Street, VOKK. country, but if the conditions were not such that they p OFFICE BOX 958. NEW were THE FINANCIAL SITUATION. Very this week a reaction in Such a sudden, decided and general appreciation in values as was witnessed last week, without any important change in conditions, could have no other than an artificial basis, and invites reaction. "We have Vjeen going down hill in an industrial way for fully two _\ears. Just now the point is reached at which the movement of produce is at its minimum, factories of every description are being shut down, and production sensibly curtailed under the stress of accumulating stocks. Of all naturally there has been our stock market. this, railroad clearest earnings are now beginning to aflford the evidence, showing a loss in traffic not only small crops but also from the falling oR in from the passenger movement, the continued restriction in the production and coal, and in the general distribution of goods. It was at such a juncture tlyit the whirl upwards in Wall marketing of Street values was needed at home they would measure, reappeared here before now. and hence the brevity of the have, in a fair Should however Clearing House adopt the leading recommendation with regard to the payment of interest on deposits of Mr. Coe's committee, which reported this week, before this it will item ever assumes the proportions the early part of this year. The question it be long wore in that committee same one which has agitated our banks at each At a meeting of the Clearing House on the 4th of June Mr. Coe very forcibly and clearly described the dangers of the system which were then of so recent illustration—dangers which involve the whole community of banks, making them all, as Mr. Coe tersely puts it, partners in- peril, though not in profits. That question at least ought to be settled on this occasion. The public can see no reason why institutions that keep their vaults filled with dynamite should be allowed within Clearing House raises is the recurring panic. limits. which during late weeks we little change since our last. We would not be understood as meaning that there is So far as received, the returns from the wheat harvest are no substantial basis for a more hopeful feeling, for we very satisfactory. The weather has been all that could be existence. initiated, its As to the favorable features have referred to, there has been . THE CHRONICLK 32 [Vol.. XXXIX. and up to been constant or the decline been very considerable. The an abun- owners of stocks have kept the market pretty well in dant yield and of a much larger product per acre than for hand and turned- it upwards at some period of almost the two years past. Of cotton, the Agricultural Depart- every day. Easier prices for the Granger stocks followed ment's figures of condition issued on Thursday do not by the report of the loss in earnings compared with a year The truth is, ago. We have remarked upon this i^oint in a subsequent •any means represent the present prespects. the form of making up those reports causes them to be column in our article on railroad earnings. The Yande»very misleading. As for instance, the July average condi- bilt specialties were unfavorably influenced by a report of tion is given now at 86, the lowest it has been reported at the a disagreement between these roads and the Grand Trunk same date for many a year, and the natural conclusion is of Canada. It appears that Commissioner Fink's award of that we must have a very small crop. That is by no means, percentages of east-bound business gave the Grand Trunk as we understand it, the intention of the report, or if it is, a larger proportion than the managers of the Michigan the report does not correctly indicate the present outlook. Central thought it was entitled to, and an appeal was taken for growing •desired this time There the and maturing country has the grain, promise of nothing in the existing situation which precludes is to the arbitrators, Such was the Commissioner. the possibility of the largest yield ever secured. who practically reversed the ruling of This caused dissatisfaction, and it was two or three weeks reported that the Grand Trunk threatened to withdraw The most was made of this, Lake Shore since, and the late rains, though casting a shadow of doubt from the pool. -over the more sanguine anticipations, by no means make it and New York Central being freely sold, but the selling certain that they will not be realized, especially as the rains appears to have been mainly speculative, and it seems to seem to have ceased. With regard to the Southwest, the have resulted in increasing the short interest in these The Fries have been affected by further loss early conditions were far from favorable, but there is the properties. Altogether, of traffic, and also by a statement that the July installment possibility now of a good yield even there. then, we look upon the cotton prospects with great on the car trusts has not been paid and that taxes due the- promise in the Atlantic States up to Jersey City are largely in arrears. hope. Furthermore, the new crop of wheat moving The stock has not with more freedom than in former years, notwithstanding the low prices ruling for this staple, showing that producers are no longer disposed to second the efforts of speculators and hold back their grain for better returns. There appears also to be a good demand from millers and ••a fair inquiry for export, and unless these are checked by any great extent, but the consolidated second mortgages have materially declined. Western Union fell early in the week on the announcement that the Baltimore & Ohio Telegraph Company have ordered a reduction in the tariff between New York and Chicago from 40 to 25 cents to take effect on the 14 th inst. There was also a rumor that arrangements have been completed :speculative manipulation later on (which for a practical iarmers is is to market not likely) the will be able speedily to convert into cash the bulk fallen to Postal and consolidation of & Bankers' the the Baltimore & Ohio, the Merchants' Telegraph lines which would make somewhat of a formidable opposition to the Western Union. These and other facts and rumors In consequence of the increased shipments of produce the have had more or less influence at times, but the general total exports at New York keep up well, and as the imports current has been adverse to any rapid appreciation of liave fallen off, the trade showing is likely to be better than, values, though the large short interest gives those maniputwo or three months ago, it was thought possible to be at this lating the market no little power over it. time. If the movement of grain out of farmers' hands conAtchison Topeka <£ Santa Fe shows quite a large falling tinues liberal, and if prices rule as low as they have done re- off in net earnings for the month of May. Examination •cently, exports of breadstufis may soon assume important pro- of the figures reveals the fact that the decrease is wholly portions. All this only confirms what we have on previous the result of heavier expenses, gross earnings having surplus produce, liquidating outstanding claims and •of their providing themselves with such necessaries as they require. occasions said, that at a price we can food prod- increased on last year. There are two reasons augmented expenses: the first is, that, in 1883, they the double advantage is reaped that the farmer secures a were very small, having been only about 42 per cent of good return while the world of consumers secure cheap food. the gross earnings; and the other is, that floods and With such prospects as to crops and foreign trade, and freshets on the western end of the line did heavy dam•with our banks in a safe condition, there is no room for ages to the property in the present year, which entailed despondency, but good promise of a gradual recuperation, large outlays for repairs and materially enhanced the cost and in time of renewed business activity. But these of operating the road. It will be noticed that while the ratio changes cannot of course come rapidly enough to save the of expenses in May last year was only 42 per cent, in the tiets, and if the yield per acre is so sell all oiir much more than last year, actually for the already shipwrecked, or to rescue those who are inextricably involved. This time of trial has shown the weakness of a policy, even by dividend-paying roads, of rapid rail- present year road extension on a debt basis. If fixed charges are thus largely increased, there seems to be urgent need of a surplus fund to secure regularity in dividends. The best years are too readily taken as an average of expectations. year. So, instead of a surplus fund, the monetary pressure has found all this class of roads with a troublesome floating debt. One cumbed. after another the more embarrassed have sue. & Rio Grande has gone This week the Denver into receiver's hands, and if the depression should continue long, a floating debt and heavy fixed charges may bring to grief other enterprises which only such heedless management could have shaken. Though the stock market it is almost 57 per cent. The following is a comparison of earnings and expenses with 1882, as well as 1883, the Southern Kansas line being included in each Atchison Topeka Gross earnings Operating expeuaeb Net Ic84. . earniiigs. Tan. 1 to May 31. Gross oaniings Operalinjf expcuses , , Net enraings. From this we 18=3. 2,219 1SS2 2,192 l,34a,362 7C0.672 1,314,913 .551,958 1,257,127 740,012 582,690 762,925 517,0b5 6.302,786 3.a09,:UJ t!,10-,909 6,0.51,779 3,089.366 3,963,721 3.0=3,444 3,01R.,'543 2,0j-8,0''R see that while the net earnings are $180,last year, they are nevertheless $65,000 week and the greater than in May, 1882. Notwithstanding the loss of has by no means $180,000 in May, however, the net for the five mouths re-acted this general tendency has been downward, this Fe. 2,329 000 smaller than lias & Sakta Mileage — Jli,v U8l 13. THE riTRONICLE. 1 above those for the same period this yi'ur are SGJ,l)00 c. 18S3, and nearly a miUion above those for the correspond- ing five months of 1S,S2. tional May tlio oxliibit is 1 is but It will bo observed that the five months earnings for tho ratio of c.xponses to 188 of over 50 per cent, which does not encour- little . age the idea that there has been any permanent <C- But shows a decrease. Ohio leased road being appended ia 1884. Mav- rise in tho it exhibit for also be remembered that the to is May earnings last year were very heavy, so that the small now is really unimportant. The truth is, a much Junt « 1,681 ,TIW i.Ofu.son 1,080.1.10 tnnfieu Kai&v 0II9,««& 680.100 013,4» 8M,&78 681,005 eDs,su) l)9»,MI9 «eo,io» 11,612,463 13,043,330 9,100,834 I2,64!>.47l 13,686,448 8,7S0.!j80 8,I«9,'!64 18,007,080 7,897 8,2T0,SBI "3,988,909 8,919,191 B,3«l,(i87 Net eurnlnca Loss odN.Y.P.AO. lei R«snlt t 1.9«S,M« 1,860,174 I. Gross oHrnlnKs OperfltInK expenses.. decrease The heavier decrease would have occasioned no surprise. road is a very largo carrier of corn, and, as in the month to 1680. « 1,TW,800 1,07H,W3 HM.IW BMUlt.. I 1881. 841,777 47,2»t LOM on N. Y.P.& O.loiitc Oct. Qiiiiuy's * Operatl3it exp«iu«a Nataamlnga 1882. 18S3. « I.aOR,MS arone»mlng) average cost of operating the road. Chicago Burlinyton & 1. .i.ijyivania a line at the end. This shows at once how excepand liow satisfactory the showing months was. for the preceding . 88 874,083 t54,18B 8,996.44a 3.987,691 8,919.191 AW '4,890^481 4.859,491 4.796,ed4 Profit, Both gross and net earnings are thus smaller than in any other of the five years given, and we would have to was materially preceding, the supply of this It appears back to 1879 to find totals equally small. go we have not the actual Though year ago. below that of a last four years the May net were conin each of the that Quincy, some idea of the Burlington & over the tonnage kind of traffic receipts at siderably above $600,000, while in the present year (after Chicago, which for the five weeks ended May ,31, footed up only 2,407,913 bushels this year, against 4,365,559 allowing for the loss on the leased road) they are less than movement cereal of that afforded by the is $300,000—actually $294,573. The loss on the leased Yet with such a heavy relative road during tho month was $47,204, against a profit of 1883 the first of lose in this item of traffic, we find that freight earn- $54,186 in the corresponding month of would account for a difference of lease and this alone decreased only $57,831, the ings during tlio month bushels in 1883. — — which speaks well of other items of for freight. the growth and development over $100,000 from In the passenger business, too, the company appears to be doing very well, for tlicro is an increase in the earnings on that class of business of $7,135 for the of May. month and $137,820 for the five IIow the gross and net cor.-.pare Chic. Bitiil. <t Quixcy. 1883. 1882. 1881. 1,981,127 1,158.493 2,009,872 1,128,110 l,,W5,26l 857,494 1,079.456 y25,T5a 822,ti-J9 881,756 647,767 753,703 Ket., Net. We here see not as good as it $2,996,448, against nearly four millions in the same period of 1883 and 1882, and against over 4f millions in 188U last 4M 7.014.74 5 4,314,062 3,977,815 The decrease from 4.UH,229 4.43G,S;.9 3,374,389 3,036,9 30 dollars. last year, it 8. May yet very is on 1883, during this period was $274,083, so that the actual net remaining to the Erie in the current fiscal year was 7,71 was the in our table. 9,467.287 5,030,428 this year much is better and the same may be said of the exhibit for the five months. The net are only $59,000 smaller than in May, 1883, and $175,000 greater than in May, 1882, and for the five months the total, while $290,000 below 1883, is yet $772,000 above 1882 and $1,110,000 above the same period in 1881. than in either 1882 or this in net the Erie proper being $235,000 as compared with ."j.aga.Hio that while the exhibit for loss and gross alike being lower than in any other year given The loss on the Pennsylvania & Ohio lease 1S84. $ Jan. 1 /o Jfny 31. Gross enrnlnns Operatiug expeuees... — the to the Jfoy. dross earulnKa Operating expenses... year; but apart from last a very unfavorable one is $311,000 as compared with 1882, and $358,000 as comend pared with 188], all in a single month. Taking now the for four years is eight months of the company's fiscal year to the end of May, we have results of the same general character, net months shown below. exhibit 1881, As in that year is a trifle less interest charges of $1,265,485, as in these columns, has not it is yet been than a million, year there was a balance above evident that exhausted. we have aU before showni tlie margin remainingBut the company has already passed the June interest on the second consolidated bonds, and dolla'rs for thus avoided the payment of over a million this purpose, strengthening to that extent its- actual financial position. Exchange has been more active this week and generally ^ eiB York Lake Erie <£• Western was not expected to stronger, rates being marked up + cent yesterday, with a make a favorable exhibit for May, but the actual figures good demand for bight bills and cable transfers, due, it is now presented are very much worse than any one sup- claimed, to the closing out of sterling loans which have posed they would be. The conditions during the month matured. Bankers report a fair amount of commercial were of course of an imfavorable character. The preva- sterling drawn against grain and cotton shipments. The lence of a 15 cent rate for grain (below the actual cost of wheat now going forward is of last year's crop, and sales transportation) and a small volume of general traffic, are reported to have been made this week of prime grades because of the depressed condition of all industries, were as low as 94 cents per bushel. Some new wheat is Money in London advene features that the trunk lines had to contend with. being pliipped from Baltimore. But in addition tho Erie, it would seem, must have sus- is reported a drug at ^ of per 1 cent per tained a loss on the coal traffic, largest carriers in the country. It of which is well it is one of tho known that there annum, and this of balances for ought to employment in encourage the drawing our loan market and th© have been repeated restrictions in the mining of anthra- renewal of sterling loans. and though we have not tho figures in the case Brokers' balances at the Stock Exchange have ruled low of tho Erie its own production is very small, during the week, but the banks are not offering money cite, — — from other lines it is clear freely. Some of these institutions are purchasing very combined with a reduced little mercantile paper, while Eastern banks are not in the demand for the article both east and west, played more or market as buyers, and consequently it is reported that less part in producing the present poor showing. In order merchants find it difficult to obtain discounts, and some that it may be seen just how the exhibit compares with have been compelled to take up customers' paper they other recent 3'ears, we give below the figures since 1880, This condition of affairs causes more or could not sell. gross and net covering only the Erie proper, the result on less embarrassment. The following statement, made up most of the coal coming to it that this restriction in the output, ... . THE CHRONICLE. 34 [Vol. XXXIX. from returns collected by us, exhibits the week's receipts and of Congress would accept the proposition of the other and both propositions were abandoned. Perhaps it is as shipments of gold and currency by the New York banks. As for the subsidy well that this course was pursued. Net Interior Shipped bv Beeeived bii Wuk EnMnt Jviy 11, 1884. the country is decidsentiment of section, the conservative Movement. N.T. Bank: N.T.Bama. were so modeled as not to be against it. If our laws edly Gain tl,907,000 1583,000 |2,4»0,000 Oairenor., Oold obstructive to ship-building; if we had such foreign and Galn.tl,i)07.00C (583.000 18,490,000 Total gold and legal tenders. colonial interests as those of Great Britain; and if we could not trust to commercial enterprise to keep ppen holdings in the bank changes actual the The above shows of gold and currency caused by this movement to and from communications with distant ports, it might be well, as a In addition to that movement, the banks measure of national policy, to adopt some such system. thb interior. have gained $2,500,000 through the operations of the Sub- But we have no such conditions, nor have we any steamTreasury. Adding that item, therefore, to the above, we have the following, which should indicate the total gain to the N. Y. Clearing House banks of gold and currency for the week covered by the bank statement to be issued to day. The movement in favor of "free ships" The time for the adoption It has been urged and so ships at present. stands on a different footing. of that measure is postponed. — far the opponents of free ships are right were, before the passage of the Dingley Wetit EnMnt July 11, 1881. IntoBanke. Out Of Banke ^«t Ohange in Bank Boldingt. 18,490,000 2,500.000 t583,000 14,990,000 (583,000 QalB.tl,9O7,0CO Gain. 8,500,000 dom of registry of ships, all wherever —that bill, built, it be economical, but quite the reverse, if there perfect free, would not them register to United States; for the moment a became entitled to hoist the The Bank of England reports a loss of £374,000 bullion American flag, that moment it became liable for the for the week. This represents £205,000 sent abroad payment of a number of taxes from which she had pre' and £169,000 to the interior. The Bank of France shows viously been exempt, withput having escaped any when a decrease of 5,032,000 francs gold and of 4,073,000 francs she ceased to be British. silver, and the Bank of Germany, since the last report, There was, therefore, a certain -amount of force in the has lost 8,563,000 marks. The following indicates the argument that it would be well first to ascertain how far amount of bullion in the principal European banks this these exactions were the cause which discouraged the shipweek and at the corresponding date last year. Biil>-Treasurj operations, net Total gold and legal tenders Galn.14,407,000 under the ping July 12, 1883. July 10, 1884. aold. Silver. Qold. of England France . Banli of Qermany of believe that paid $1,086,143 during the week for it is Dingley act does not deal with these matters, nevertheless contains siderable changes are shipment and discharge of seamen. Duliet. Qold. July r 4... 32 HoU U.S. Gold Silver Oer- Notes. Oerlifle's. tifleates. day... 10.. 38 02 91 $4,000 $137,000 $128,000 9,000 151,000 239,000 15,000 166,000 430,000 10,000 140,000 264,000 11,000 126,000 214.000 Total... $2,796,012 52, $49,000 $720,00< 1,275,000 7... 8.., 9.., 89, $92,001 145,000 213,000 126.000 173,000 It is a fact — —that the laws a very remarkable fact still are, in the laws relating to the Heretofore a seaman trip. If he were engaged in an American port he must be brought back to an American port, or the ship must pay him three months' extra wages upon his discharge in a foreign coimtry. Payment of advance wages to any other person than himself was forbidden, but such advance might be paid to him. The effect of these provisions, which were wise when they were adopted several generations ago, was very bad. The $749,000 advance wages gave full play to sailor -landlordism and the "blood-money" system. The inability of masters to engage, and of seamen to agree to, a shipment for a single trip, the RELIEF FOR AMERICAN SHIPPING. much-protected country have been, and made it con- could only be shipped for a round of— $361,691 844,777 824,593 540,179 524,767 5... Very important provisions. following from the Custom House. Dale. men purchases. domestic bullion, and the Assistant Treasurer received the Consisting all important that our own people shall have their share of the profits, and that our trade should have the advantages to be derived from carrying our own products over the ocean, and from bringing back our foreign If the Office named should advocates of free ships will draw to their support Total tUs week 74,175,941 63,810,704 69,619,828 64,352,488 Total preylous week .... 74,983,601 64,368,470^ 69,958,497 64,638,771 The Assay If the abolition of the taxes interest. Silver. 24,701,21.5 22,216,828 41,710,976 40,519,454 39,765,000 41,528,488 7,763,750 23,291,250 7,608,000 22,824,000 . . of the steamship not affect a revival of the American carrying trade, the who Bank Bank flag British-built of this adverse to discharge to take place in a foreign port, difficult for first made it and made American seamenThe only way the masters to obtain good crews, American owners of vessels. They are not merely indi- American vessels unpopular even to but they levy taxes and charges which Moreover, it set a bounty upon cruelty. operate directly to the disadvantage of ship-owners who master could get rid of one or more men whom he did not sail vessels under the American flag. It is therefore like, in a foreign port, without paying them three months' with peculiar satisfaction that we notice the passage by wages, was by treating them so cruelly that they would rectly burdensome, both houses of Congress, and the approval by the Presian act which, though it does not go far enough, dent, of desert. makes a real and very substantial reduction in the number to be paid. and the amount of petty exactions which have been suck- enforced, it ing out the profits of commerce. The Senate and dealt with, and possibly advance wages whatever are provision is one which can possibly be All these eVils cured by the new law. If this are No do great 'good. The experience of Engwhich has tried it, is not encouraging, however. But the new law allows seamen to be discharged at their own will land, the House of Representatives each tried add to the bill a measure of its own for the direct request, or at the request of the masters, in foreign ports, encouragement of ship-owning. The Senate attached a and without any payment of wages in addition to those provision granting a subsidy to American steamships which have been earned, except that in a few specified for carrying the mails. The House inserted a section cases one month's wages are required to be paid. How authorizing the American registry of foreign-built steam- important a saving this may be to ship-owners appears from ships of four thousand tons and upwards. Neither branch the statement of the House Committee, in its report, tha to . t — July wages to 1 .. . THE CHRONICLE. la, 1B84.J the extra — 86 Of course there are abund&nt and be paid on discharging twenty seamen substantial reasons for the decline. The course of general business has not was from $1,200 to $1,500. Three several changes are made by the Dingley law in been in favor of a large volume of traffic on the railroads, (Jn the contrary, with the production the charges upon vessels. (1) The consular fees are as everyone knows. wholly abolished; (2) the hospital tax is abolished; (.3) the of goods everywhere restricted under the economy in contonnage tax is greatly reduced. Consuls of Great Hritain sumption the public is require<l to practice, merchandise governments have for a long time been freight over the railroads of ue<;,88ity was reduced to Then, in addition, the movement of obliged to perform the ordinary services demanded of small dimensions. the crops, important American consuls so to many roads in different parts of charge. shipmasters free of them by have received foes for thirty-six several classes of service, the country, was nearly everywhere very small. In cereals and of otlior the movement compares quite unfavorably with that of last and those of year, which was by no means large, and this has affected adthem who are by law allowed to retain.fees will receive the versely all the Northwestern and many of the Western roads, amount which the ship* would have paid from the Treasury. while in the South and Southwest cotton shipments were so The tax heretofore levied for the support of the marine insignificant as hardly to bear computation. If to this we hospital service was forty cents a month for every sailor add a falling off in certain other items of freight on paremployed on a registered or enrolled vessel. This tax ticular roads, such as lumber and minerals, it is surprising, It was a direc' not that we find the decrease so general in all sections, but jrielded annually more than $400,000. burden upon American shipping, and its remission is a that the influences at work should have produced no substantial relief. The tonnage tax, levied alike upon more serious effect in diminishing earnings. Just what American and foreign shipping, has been thirty cents a the effect has been on each road is shown in the table ton, upon the first entry of a ^wssel at an American port below. GROSS BARNINOS AND MrLEAOG IN JUNE. But only one "ayment was required each in any year. This worked disadvantageously to American ships, year. Orott Bamingt. Jlileage. Xame of Road. mostly sailing vessels, wluch usually make but one entry lHcr6cise or fixed at rates consuls by the President. Henceforth American perform these services will gratis, - a year, in times each in a year. Hereafter the tonnage tax three cents a toiv each entry from the West is to be Indies, the North American continent and the Hawaiian Islands: and six cents a ton from all other ports; but the tax upon any vessel tliirty is not to exceed fifteen cents in the former case or cents in the latter, in any one year; and no tonnage on entries from countries which, Canada, impose no tax on American shipping. Such are the leading features of this very important is to be exacted not especially interested in like Central Iowa... Central PaclHo Chesapeake & Ohio.. 206,418 556,000 101,913 216,616 588,000 93,535 -10.193 713 —32,000 2,408 1.789.000 258,800 57,800 683.062 126,127 1,919,000 1,042,832 2.129.226 323,845 56,022 -340,226 —65,043 130 -H,778 -3,545 847 —13,016 252 -104,180 4,770 —270,189 3,850 Eliz.Lex.&BigSan. ClilcaKo * Alton ChicA Kasti.rn 111.... Olilc.Mllw.&St.Pau!. Chicago &NiirtU west. Ohio. 9t. P.Minn. *0. 464,5;!8 444,678 13&,734 199,929 149,494 46,513 16,805 83.817 57,844 206,322 66,959 24,100 1.493,005 34,171 139,156 782,403 168,305 217,574 53,248 30,750 23.100 295,422 All others have no doubt it. a step in the right direction. 12G.357 197.313 Chic. . watched the progress of the bill through Congress and are fully aware of all that it does and leaves undone. It is certainly 1883. Burl. Ced. Rap. A No. Canadian Paciflo & West Mich.... cm. In<i. St. L. &Ch Cin. Wash. & Bait.... Cleve. Akron ACoL.. bill. Des Moines & Ft. D.» Detroit Lans'K & Nu*. It is of course impossible to specify them all, or to show Evansv. & T. Uaute.. Flint & Pere Marq... in detail why changes were made, and what is likely to be Fla. R-y ANav. Co... Ft. Worth A Denyet*. operation of the new provisions. But enough has the been Orand Trunk of Can.t said to indicate the scope of the measure to those who are Gr. Bay Win. A St. P. aulf Col. A Santa Fe. tax 1884. while British steamships enter from six to ten 122,li)0 44,331 17,698 73,281 55,990 178,810 73,190 31,100 1,283,836 25,697 127,784 733,60 125,400 197,013 131,013 33,00u 23,500 286,945 1,040,685 a].Cent.(Ill.ASr).r)lv.) Do (Iowa lines).. Ind. Bloom. A West.. Kan. C. Ft. 8. Guir* LIttleRock AFt. 8... 1 A UttleRk.M.R.ATex. For twenty or LoDK Island Louisville A Nashv... more years past there has been such ample opportunity for Marq. Houeh. A On* Memphis A Cliar'toii* the employment of American capital in the development Mflw. L. 8h. A West.. Milwaukee A North'n of home resources that we have been quite contented to Mlsoourl Pae. (I. M.). Mo.K.AT.d.AG.N.) leave the profits of the ocean carrying trade to whoever Texas A Pacific. ... Central Branch. ... would take them. But that era has passed. We are Mobile A Ohio A Western*.. paying who knows how much V some say one hundred Norfolk Shenandoah Valley^ Norlhcni Pacific and twenty-five millions, and some set it much higher, for Peoria Uoc.AEvansv. A Danville freight on our exports and imports. Many millions of Blch. Char. Col. A Aug Colunihia A Gr'v... that sum is profit. It is on this and on every account, West. No. Carolina. commercially and politically desirable that we have a Rochester A Plttsh... 81, L. A.AT.H. m.linfe* large and prosperous merchant marine. We hail the Do do (liranolie.'il. — 104..=i23 81.312 68,600 45,088 1,289,060 900,149 343,011 121,051 130,243 142,403 40,073 1.035,785 50,626 251,819 — 38,29.1 28,148 19,62? 101,861 67.286 — Dingley act as evidence that the importance of the interest is recognized. RAILROAD EARNINGS IN JUNE, AND FROM JANUARY TO JUNE 30 1 Hiiilroad month of earnings again prove unsatisfactory. June has not for several years ingly favorable for railroad f)ast been The strik- traffic, so the present year proves to be no exception to the rule. In June, 1883, we 45,3 JO 33.362 332.985 110.074 682,330 67,5 1« 8t.Loui«Ft.8.AWioh. St. Louis A Sun Fran St.Poul ADuluth.... St. Paul Minn. A Man. WlscoiiMD Central*... . Total (57 roads) . ) 51, .593 829,656 18,474 258,691 44.091 31.7.55 23,261 55,499 63,335 57,018 16,303 259.917 1 1,5,025 763.83? 75,991 713 1,704 304 2.972 512 130 847 232 4,520 3,530 1,147 •f 19.860 1,280 -8.877 -2,616 —27,304 -2,212 + 893 —10,566 -1,894 —27,312 413 343 281 144 143 260 146 361 498 110 144 143 225 146 347 486 110 2,322 2,322 + 6,231 +7,000 -229,169 -8.474 —11,372 —26,803 410 343 281 225 534 225 1,526 1,506 —20,561 +47.763 402 644 389 + 2,250 402 634 389 168 163 — 10,»05 534 170 170 + 400 -8.477 352 352 -50,021 2,063 2,065 +35,.530 133 100 +24.723 330 330 374 326 + 1,335 +913 221 +97,776 +73,249 —113,216 1,»97 2,211 1,487 + 18,392 385 + 6,516 528 —12,994 602 -11,520 240 +266,129 2,453 254 +2,152 —6,872 774 —5,795 363 —3,607 29 208 +6,367 294 + 19,362 + 1,951 —11,718 +1 7,0-9 +73,068 -4,951 -81,508 —8,145 151 1,897 2,211 1,487 388 528 502 240 1,701 2.54 193 138 160 77 <r 225 757 337 294 206 222 195 138 128 732 208 1,387 441 1,250 441 —811,681 45.976 43,158 While it is here seen that no section apparently has escaped some reduction of receipts, it will also be observed that Northwestern roads are very conspicuous for their losses. & St. Paul reports a decrease of The Chicago Milwaukee of sections of the country. 56.539 87,265 44.175 1,191.284 826,900 456,227 102,659 123,727 155,397 19,221,245 20.032.926 ing all 1,090,706 68,993 401 3.001 512 1883. three weeks of June In each year. For four weeks ended June 28. of over $400,000 in nearly 144,143 2,023,180 2,213,021 •f8.408 1881. * Onl.v had an increase of only about 8 per 'cent, while in June, 1 882. there was a decrease, and now we again have a falloff. It is not the extent of the loss that makes the present statement noteworthy, but rather the fact that the decrease is so general and so widespread, and embraces 667,5117 Decrease. $104,180 for the month, though as this is after an increase 1883 it is perhaps deprived of much its significance. On Northwestern reports a of only $170,000 that in 1883 there the other loss of hand, the Chicago & $270,189, as against a gain in 1883. It is well to remember, too^ was a gain simply because in 1882 thcri — . THE CHRONICLK 36 bad been a heavy Here we three years, for we go back II loss, comparison, the change loss for June, 1884, being only $1,942,832, against $2,306,440 in June, 1881, or a falling of §364,000, while mileage ofif during the same time has been increased over 1,000 miles. Of the $270,000 decrease from last year, $255,000 was reported in the fourth week of thejijnonth, and as to this that see all cereals except reached a oats smaller aggregate than in 1S83, and the larger part of the quite marked, the total earnings is rVoL. XXXJLX. From occurred at Chicago. the end of the a line at giving the movement in the corresponding period of 1832, it may be supposed that the totals last year were table, , That inference, however, is not correct. be that both in the present year and in 1882 the movement was rather light. If we compare, for it may be well to remark that Mr. Sykes, the Vice-Presi. dent, claims that $75,000 of the amorint is accounted for instance, with 1881, we find receipts of wheat of 6,185,647 by the fact that there were two Sundays in the week this bushels in that year, against only 3,125,970 bushels in the year, against only one last year, Sunday being a dies non present year, and receipts of corn of 10,383,360 bushels, with the railroads, "We may further add to this explana- against only 8,303,432 bushels this year. As Chicago sustion by saying road's corrected figures of earn- the that ings last year proved to be $38,000 greater than the and that according to the company's method of treating the returns, the whole of this $38,000 was thrown into the fourth week, in the comparisons with this year, in order to make the total for the four weeks the same as the actual aggregate for month. If the we allow for both these items approximate figures, unusually heavy. The fact appears to tained the bulk of the loss indicated, it is perhaps not sur- prising that a road like the Northwest should have smaller it had in 1881. The roads running south from Chicago earnings in 1884 than —the Eastern Central Illinois the Illinois, latter — Evansville the all & report reduced earnings. The loss covers the entire line from Chicago to and no doubt a good proportion of Orleans, Chicago & Terre Haute and the it on New was made the actual decrease for the fourth week is only $142,000, on the southern end of the system, since the road delivered instead of §255,000 as given. The St. Paul & Omaha only 518 bales of cotton at New Orleans this year, against by the Northwest, has a small increase 4,628 bales in June, 1883. The Illinois Central also loses addition to an increase of on its Iowa lines, which are separately reported, and the about $70,000 in 1883. Minor roads in the Northwestern loss no doubt is to be ascribed to a smaller movement of As to this loss on the Iowa division of the road, section, like the Burlington Cedar Rapids & North, and the com. road, now controlled —$20, — (.00 for the month, in Paul & Duluth, generally have a decrease this year, the however, it is claimed by the company's officials that it is than the incraese last year, while the Central of comparatively .small importance to the Illinois Central Iowa, which in 1883 fell $7,000 behind, now records an stockholders, since that division is operated for a certain St, latter smaller increase of $8,400. on The St, by & Manitoba, we have before stated, is Paul Minneapolis the other hand, which, as percentage of the gross earnings (36 per cent)^ so that the rental diminishes with the earnings, and moreover the whole of the remaining earnings, we are told, is usually and conditions peculiar to itself, has a continuous decrease. The road consumed by operating expenses and in making betterAs showing of how little importance the loss lost $92,579 in 1883, and now loses $81,508 more, so that ments, etc. on this division is, we are informed that while up to the its present earnings of $682,330 compare with $856,417 only two years ago. We have above remarked upon the end of May gross earnings had diminished $97,437, net affected adversely certain circumstances movement of grain this year, and the roads situ- recorded a reduction of lesj than $7,000, there having ated in the Northwestern section of the country evidently been a loss of $41,103 in operating those lines this year must have been the heaviest sufiferers thereby. To show against a similar loss of $34,364 in 1883, The roads in the territory east of the Mississippi and just what the movement was in the present, as compared smaller with last year, we give the following table in our usual form. BECEtrrS FOR FOUR Chicaoo— 4 1, 1, Flour, Wheat, Com, (bbU.) (biuh.) (bush.) 159.318 199.9M lnK4 1883 Mitwautue— 1,S31.«1« 1,002,888 at. 1, 1»8J: 1,530,44» 1883! 1. 18841 1, 1883: ToUdn4wk»„Junc, 4 Oatt. (6iMh.) JAN. 1. Alton Brtrlel/, Rve, (budh.) (6u*;i.) 483,767 5,406,928 4,209,031 892,147' e,648,0i0 3,700,934 3,793,887 8«,609,M15 18,2)J,494 4,588,098, 30,980,733 14,3;i.2il 81,3112 l«,0.'.0 S.55,076 1,895,374 2,722,084 807,802 1,393,833 1,189.176 954,997 3,858,206 3,844,843 8i1,10:l 433.«.S5 162.473 1,367,303 1,611.474 1,541,888 2,027,13. 2,452,004 25 739 S3,714 204,386 372,803 1,579.370 1.158,320 12.004.739 12.874,400 491,784 489,298 S,31«,S01 8,837,665 4,800 10,748 791,401 1,015,962 509,031 663,998 4,280,499 4,159,794 32406 89.530 688,570 404.260 LouU— 4wkB„June. 1894 4wks,,Jano, Since Jan. Since Jan, AND SINCE 150.116 \ 4wk9.,June, IJWl 281,661 wtcd., Juno. I8s;j 2(8.115 Since Jun. 1, 1HS4 1.786.284 4 Since Jan, 28, 1 wks., June. 1884' 4wks.,June.l883 hiDce Jan, Since Jan. WEEKS ESDED JUNE 1S84| June. ]H"*3' tilnce Jun.l. 18-t4 Since Jan. 1, 1883i Detroit4 wks., June, 18841 4 irki., June. 18831 Since Jan. 1, 1884 Since Jan. 1, 1883; wk-v., 79.S02 8S.4S7 837,000 856,970 628,2,15 2715,505 753,277 3,009,093 8.841 8.970 30.754 38,366 349,8 46 532.0SS 2,:i87.145 4,470,791 318.291 38,735 224,021 405,723 12.7J0 2:1,319 150,227 120,865 297 587 34,594 13,409 6.147 58,376 2,156 48,081 I Clevetitnd— wks., June, 1884 4 wk»,, June, 18S3 11,501 10,803 63.361 99.905 11.2.06 Since Jan, l,I8sr Since Jan. 1, I893i 8,325 61.599 04,045 4 wkJ., June, 1884 Wnce Jan,l. ls»4 Since Jan. 1883: 4 wk«., June, 1894 4 wks., June. IHS;i Since Jan. 1, 1881! Since Jan. 1, 1893! Thiol of aU4 wks., June, 1834i 4wk«.. June. 18^1 4 wks...Iun % I.ss-i 170,205 102,748 76,437 52,820 1,23.1.479 44.1,611 3,231.845 926,211 373,563 2,883 15.102 310,815 413,450 87.263 127,732 552.750 723,509 35,100 81,960 72,900 1,410 1,500 484.8011(1 46(),05a 7811,39 !f 435,033 118,138 109,404 85,1110 roo 500 2,873 «,9.->l 20,343 35,787 91,330 «»,500 28,220 10,000 246.575 117,510 last larger The Peoria Decatur & last year in than the present decrease. Evansville, (11,350 878,130 208,648 1,058,682 M,500 1,0/6,411 611,195 S.l'iS.Oin OW.OSS 3,431,865 411 7.86) 2,5.55,314 16,3115.973 631.1=0 991,275 13,800 4.58,700 5(11.225 2i),40i) 8.520.888 ington & Baltimore (former Marietta 274,000 349,800 4,822,S;J0 & Cincinnati) mentioned as having quite a heavy decrease $27,304, or nearly 19 per cent. Michigan roads particularly the Flint & Pere Marquette and the Detroit Lansing & Northern make poor exhibits. The former had a large gain in 1883, but the latter had a small loss. The Chicago & West Michigan, which then recorded an into is \)e — — crease of $19,193, now records a loss of better in its mineral & Ontonagon traffic; 2,890 58,790 42.000 401,055 422,980 which had a decrease now has an increase; while the main line of the St. Louis Alton & Terre Haute also has a small increase in 1884, after a decrease in 1883. The Cincinnati Wash- then, off 8,688,815 4,848,650 — Terre Haute (branches), had gains Marquette Houghton \ 4wk8..June, 18S3 1, 271,575 349,281 1,703,133' & every case except the i 4 Peoria— north of the Ohio rivers, nearly all make an unfavorable comparison with last year. Among these the Cincinnati Indianapolis St. Louis & Chicago, the Cleveland Akron & Columbus, the Indiana Bloomington & Western, and the over $81,000 in 1883, for now its $8,877, The appears to be doing earnings, after falling exhibit a gain of $35,000 weeks of the month. Wisconsin roads, too, as a rule fall behind. The Milwaukee Lake Shore & Western and Milwaukee & Northern, however, have a small increase. 8,aoi,43> 9,675,456 6.201.787 5.a55,547 5,5,55,094 3.184,600 ,50,776,513 29.787,315 Since J.in.t, 1H<4 4.01 5,742 Sin^e Jan. :. i8-i;i 4.200,017 21,728,100 since Jan. 1, 1882 3.070.1)43 15,316,121 55,M:)7.617;24,5-i7,74S 42,747,3iM; 18,049,852 The 190.358 352,860 2 7,67 1 7,097,098 4,332,lli5 do not give a very good account of Pacific, on mileage increased $32,000 in earnings. The Central Pacific Pacific roads themselves. The Canadian i 5,471,0:14 • for the first three 700 miles, losses reports the large diminution of $340,226, in addition to a > — JCLT THE CHRONICLE. 13, 139*.] docroase of about $100,000 a year ago, so that iinilar has earnings of $1,789,000 in 1884 against has Tliu Xortliorn Pacific 1882. ... . qiiito $2,'2'.>0,0no 87 There aro some roads, k it total since 1880. in Ohio, which have an increase; now, after a decrease in 1883, a considerablo im- provomont; in amount, the increase exceeds that of any 'ihor road in our list, and yet tho total is much smaller than and othera phis & have a tiiat like the Mobile continu<.)Us iiioroaso, like the Charleston and Florida Railway such leading lines as the Norfolk & & Mem- Navigation; but Western, Kii'hmond k, months immodiatoly preceding. Among tho east and Danville and Chesapeake & Ohio attract attention chiefly west trunk lines the Grand Trunk of C.'anada is the only because of their falling off now, after a pretty constant What is particularly noteroprosontative in our list, and that shows tho heavy loss of increase in preceding months. worthy about the Gulf Colorado & Santa Fu, which has a $220,000, or K! per cent. The roads running to, or connecting with, tho South- decrease of $11,372, or nearly 9 per cent, is that about west, make perhaps tho most favorable exhibit of any in half of it occure on the passenger business. In the exhibit for tho first half of the year, it is easy to our list, and yet in one case at least the contrast with other I n tho recent periods & is In not altogether satisfactory. —only fact, the there are that see many unsatisfactory The returns. Grand Trunk of Canada has a very large loss, as have the On the other Lake Shore and the Michigan Central, and Northwestern for the first time in twenty-four months. hand, the St. Louis & San Francisco continues its upward roads do not as a rule compare well with 18S2, while the course, and has a gain of $7,'i,0G8, or nearly 30 per cent, Central Pacific stands only second to the trunk lines in theThe Kansas City Fort Scott & Gulf, and amonnt of decrease reported. And yet there are other for the month. Memphis connection particularly the latter like- roads that make very good exhibits and help to retrieve its wise record very noteworthy improvement. We have also the showing to some extent. Thus without the large been favored this time with the figures of Mr. Gould's gain of almost 2^ million dollars by the Northern Pacific, Southwestern linos, and, with the exception of the To.xas the table would show a net decrease of over 4J millions Pacific, it will bo seen that they all make large gains on instead of only 2^ millions, and such roads as the last year, which is the more remarkable since the same St. Louis & San Francisco, the Rochester & Pittsburg,, roads also had made heavy gams in that year. For in- and nearly all the Southwestern roads which our table stance, the Missouri Pacific, combined with the Iron Moun- contains have also contributed to make the result much tain, records an increase of nearly $98,000, in addition to more favorable than it otherwise would be. In some an increase of $12 j, 000 in 1883, and the Missouri Kansas degree a few of the Southern roads have also tended to & Te.xas, together with the International & Great North- sweU tho column of increase. On the whole, however, the Chicago Alton has a decrease small, to be sure — — an increase of $73,000, in addition to that of $109,000 roads in our table that record a decrease are more conOn tlie other hand, the Texas & Pacific loses spicuous than those that record an increase, and it caa $113,000, while in 1883 it had gained only $59,000. This hardly be said that the half year has been a generally satern, a year ago. first, by the generally bad isfactory one for railroad traffic. The following weather and floods that prevailed, and, secondly, by tlie table, giving full particulars. OR0B8 BARNIN08 FROM JANCAKT 1 TO JUNE 30. smaller movement of cotton (remnant of last season's crop). road suffered in a double way; On this latter point the following table of the receipts of Name of Road. 1831. 1883. Increase. I is the Decreate. the staple at the leading Southern outports will give an Burl. Cedar Rap. Canadian Pacitic movement. idea of the smallness of the BECEIPTS OF COTTOJJ AT SOHTUERN POKT8 IS JL'NE, AND PRO.M JAN. 1 TO ju.Ni: 30, 1884, 1883 and 18S3. 1884. Gftlvestun bales. 14.6;7 174 3,178 &c Indittnola, 1 New Orleans Mobile 5,448 788 22,353 1,737 15 45 Savannuh 3,444 0,SM Brunswick, &.C Cbarleston Port KoyH), &o 1,747 .... Florida 25 Norfult &c Point, 2,726 149 82 47 74 Wilmington Morehead City, &c West 1882. 1883. ! Total., 130.299 22 20.688 828 420,5(18 331.842 3,249 7*1,386 3,44.5 56,150 09,331 10 7.720 17,613 9,175 232,862 m,791 2,784 321,381 69,553 8,579 172,9!S fO 1,562 200 002 00,843 164,073 100,107 8,1HS 14.-),96» 1,B07 1,848 57.623 00,675 62,633 16,771 37,596 9.080 2,332 2,807 19,163 118,051 290,136 70,276 0,47U 30,800 10,802 107,708 57.007 1,053,4121 2,003,9J7i 1,103,B59 Galveston thus received only 3,178 bales of cotton this year, against 14,617 bales ment and the total move at all ports reached only 19,153 bale.?, against 60,G7.3 bales in 1883 and 52,033 95,776 bales in 1881. bales in 1882, and as In view of this falling their chief item of freight, many last year, it of the Southern roads, is much as off in this perhaps not surprising that which heretofore have made such favorable exhibits of earnings, should record more or And less loss. yet this same influence was at work in previous months, without producing an equally unfavorable result. The inference 10,47(i,00fi 1,70^,247 Sandy. & 10,570,599 10.8S8.U15 2,fi54.344 2.:ii;3,!t0.> Chicago & Wo8t Mich 764,031 754.741 1,158,132 805,837 Cin. Ind. St. L. .fc Chic. Cin. Wash. Baltimore. l,110,ir.3 . & Cleve. Akron. Dc8 Moines A & 793,57« 225.601 149,961 642,681 Col Ft.Dortfje* Detroit Lanninff & No*., Evansv. &T. Haute Flint A' Pere Marquette. Florida K'y & Nav. Co. Ft. Worth & Denver ... Grand Ti-. of Canada! .. Green Bay Win.* 8t. P.. Gulf Col. & Santa Fe.... ni. Cent.dl!. line Do (la. 327,611 & So.D) leaded linesi Indiana Bloom..& West.. Kan. City Ft. 8. & Gulf*. Lake Shore & Mich. So.. 1/lttlo Kock & Ft. Smith. Little Kk. M. K. & Tex., Milw. L.Shoro Char. Col. A .\iigu8ta. A Ureenvillo West. Nor. Carolina... Rochester A Pittsburg — — Nashville the Louisville — — & wliich is not exclusively a cotton-carrier this time has a decrease in earnings, though last year its June figures had also recorded a large decrease to the smallest Total (55 roads). .. 4,807.<il3 792,92.. 1.321,621 1.097,5^3 7.330,900 9,219.171 3.57,i'99 293.835 190.934 518,002 652.74!) 378,591 223.452 2.1 13.9*56 495.734 3,637,518 032.672 WlsooDsln Central' 24,827 02,455- 10.592 50,50T 9.032.379 191.021 83ii.70O 4,969.6(!7 93i).527 972,1.55 Col. 7'2,259- :9,119 52,800 1.205.036 331.237 5,938.248 363,284 1,825.102 Kichmond A Danville... 130.542 t95,136 338,238 l'i3,700 525,895 255,423 Northern Paciflc Peoria Dec. A Evansville 47.979 2.50,431 77,7(!9 5,6O3..5O0 West'n. Milwaukee A Northern. Mobile A: Ohio... Norfolk A WesternShenandoah Valley* .. 290,439 9,290 441.022 301,205 627,663 A 88.907 260.938 315,316 518,701 216,500 7,968.503 170,3il 797,658 1,127.055 6.564,571 Louiaville 4 Nashville.. Marq, llouuliton A: Out.* Memiiliis & (;harlcatou*. M.ch (;ont. &C.II1 So... 787.307 10.63-*.933 l,262,u02 154,3.30 Long Island 3,80.1, 57!» 1,069.125 88,612. 7,764 53,98 i 1,211,49.5 225,40. . that there are 11,515.125 1,796,859 316,627 CliicaKo Nortliwest .. CUic.8t.P.Miun.& Omaha 2,115 31,790 89,1611 ife Alton A Eastern Illinois. CUicaso Mihv. & St.Paul some other ScL.A.AT.H.main line*. Do (branches) elements such as, for instance, general business depres- St L. Ft. do Scott A WIch.. St. Louis A S. Francisco. sion that have exerted an adverse effect. This view- St. Paul ADuluth St. Paul Minn. A Man... seems to be confirmed by the fact that is, 1.281,858 2,226.,102 6'i6.y86 Clilc. 6,885 2,072 14,862 1,278,743 2,194,71J Chlciiiro 1. 1838. 2.411 29 8sn 62 805 286 1883 1884. No. 324.311 i 3,S5 1,561 tiyS,4U0 10,4 2S,OO0 Eli/.. r,*.K.,tBlj,' Since January & Central Io\v;i Central Paoitlc C'hrsnpcako <fe Ohio ,063.87(t 20.180 39.042 162.054 137.001 165.39» 1,387.514 835.060 242.934 185.287 1,092.815 6.375.333 22 i, 652 541.00 6.740.COO 475.813 229.690 963.146 1,161,222 337.844 3,531,060 333.989 1,764,806 393.779 366,»45 146.361 210.209 663.294 393.348 262,523 ,883',27'i 17,5'!> 30.957 34.240 13tt.l88 78,553 8.3.756 1,136,500so'.osz 25,7.33 9.009 43,814 3,aoT 2,407,188 29.295 6U.2i»6 39.88e 67,990 44.57. 307,793 10.545- 14.75T 8.'»..595 133.887 1,«96,972 511.098 3.912.542 636,171 421.1,91 110,609,549,112,965,015 Net deoreaae 18.364. 255,02* 4'!.501 4,831,026 7,186,4»a >,3&5.466> * iDOludes three weeks only of June iu each year. t From Jauuary l.to June 28. — 1 THE CHRONICLE. 38 Net earnings for May are mention minor reporting show some decreases, in to cases very heavy in $294,573 for May this year, against $631,055 in May last year, is worse than any one claimed or expected it would The Atchison Topeka & Santa Fe also sustains a very be. heavy loss in net, but in that case, as we state in another column, the loss is due augmentation of expenses Like to the occasioned by damage done the road through floods. the Atchison, the Burlington the decrease is Jan. the prominent roads all exhibit of the Erie, recording net of only The amount. Not also unsatisfactory. pretty nearly lines, iVou iXXIX. & Quincy Operatino Net Earnings Expenses. Eamin,gs Gross Mobile & Ohio— & 30. 130.243 183.727 185,000 107,108 6,843 16,619 * 978.165 983,118 251,819 258,691 170,870 193,339 81,549 65,358 1,826,108 1,764,808 s 811,390 818,957 Danville- 1884 1883 Jan. April. iterating Net Earning-'!. Expenses. Earnings. Gross Flint & Pere 1884 1883 June Net Earnings Earnings t 1884 1883 Rich -load 1 to Gross Marquette- 1 to Apt. 80. Eamiiigif. Net Eamingf. 811,888 826,016 275,742 274,813 Gross * 216,748 237,517 135,284 131,179 81,464 103,338 has smaller net, but comparatively trifling and altogether insig- THE GLADSTONE CABINET AISTD THE LORDS. in mind that the gain last year had Louis St. The Indianapolis Cincinnati The event of the week, so far as foreign affairs are been over $234,000. & Chicago has a small gain in net, and the Louisville & concerned, has been the rejection by the House of Lords Nashville a small loss, referred to last week. The Nashville of Mr. Gladstone's Reform Bill. The event is all the Chattanooga & St. Louis makes a pretty good showing, and more important that it was not unexpected and that the The Penn- Lords had been warned of their danger, if they should prove so does the Rome Watertown & Ogdensburg. when we bear nificant sylvania has only a very small increase in net, but as this on a decrease in gross, it is is so unwise as to place themselves opposition to the pet in we measure of the Government. It can scarcely be said that published. the House of Lords of late years has been proverbial for not unsatisfactory, and when the figures were first The Northern Central and Philadelphia & Erie, however, its wisdom; but it is hardly wonderful that such a proud both Pennsylvania lines, fall behind a year ago. The only and venerable body should resent the threats which were, positively favorable report is that of the Northern Pacific, we think, very unwisely made, and should in consequence with its $577,402 net this year, against $266,465 in May, of such threats all the more willingly and all the more 1883. Below are the returns of all roads that will furnish resolutely give expression to its convictions. The majorimonthly exhibits for publication. ty 205 to 146 which sustained Lord Cairns' motion postalluded to that fact extension of the p'^ning the May. Atcta. Topeka & Santa Fe * 760.67S o51,9S8 * 682.690 762,925 * 6,392,786 6,107,909 3,083,114 3,018,543 221.573 208.672 164,118 157,760 57.457 50,912 1.072,325 1,064,212 309.058 266,480 1.981,127 2,009.872 1,158.498 1,128,116 822,629 881,756 9,6S8,83fl 1,148.229 4.436,839 . & Ft. 1884 1883 Louisville 1884 DoJge— 205.588 203,510 125,402 568,754 628,018 24,816 20,014 .... A Georgia— East Tenn. Va. 129..:08 912,"40 958,203 422.664 408,659 146,090 217,459 2,450,715 2,692,426 373.528 93J,721 4,913 1,873 132,264 113,738 33.161 16,579 20,003 21,717 d f, 99,781 101,72V 1,538,489 1.580,393 538,^9S 513,813 1,156,109 1,002,318 681,133 583,230 471.976 479.118 8.523.888 1,880.192 2,005,027 551,9?5 575,685 St. N. Y. & 1884 1883 New England- 2,145,119 Su»,033 1,307.968 1,358,629 226,021 98,808 202,436 205,663 127,138 125,901 75,300 79,762 1,082,633 1,005,825 401,498 417,856 61,400 72,418 55,'.'01 8,199 18,926 294,184 288.251 30,121 25,725 477,818 499. la? 283,401 287,037 811,714 212.076 2.203.621 2.468,450 1,387,805 789,946 710,403 623,181 577,402 266,4>« 4,842,463 2,701,401 l,0i«,I42 312,680 361,019 220,235 225,887 93,445 133,132 1,383,860 1,165.787 284,008 419,475 435,144 439,001 245,326 225,486 189,818 213,3J6 1.780,724 1,907,970 616,002 851,731 4,267,17:1 2,6i7,670 2.894.332 1,639.491 1.60S,674 19,487.075 20.193.708 7,029.216 7.339.684 195,779 228.93S 101.074 138,121 1.324,141 1.59^.408 455,020 571,650 1'5.121 6:)1,055! ministry, unfortunate. It is perfectly With ures. House of Lords resisting his meas- now assembled in Mr. Gladstone's own a Conference of the Powers London, an assembly convened at attitude assumed by the Upper House must be to the proud and sensitive Premier a cause of peculiar request, the What he do in the premises? Mr. Gladone course of conduct. It is competent for him to submit to the action of the Lords, and to make the required provision for re-distriirritation. stone is bution. will not absolutely shut up to competent for him to drop the measure for It is the present, altogether. It is competent for him to advise her Majesty to dissolve Parliament and to order a new It is also competent for him to put forth all the strength which the Constitution allows him, and to force election. 1884 l8^3 Northern Pacific— 1884 1883 Oregon Improvem't Co.— 1884 1883 & Nav. Co.- . 5.(,622 104,?6- Pitts, 1884.". 4,303 008 Krie— 1884 298,853 363,3.59 PhiladeiphlaA Heading t— 18(-4...:. 1883 Central o( New Jersey— 1884 .. 188? Phlla. s Head. Coal 4 Iron— 1884 1883 Borne Wat. l,8-23,6,'9 5', 635 57,916,1 1884 1883 ft 7,901,914 8,109,918 222,08 245,089 Northern Central- 1883 Philadelphia 411,410 39«,9s5 278,-( 2 & Western— Penn. (ail lines east or burg Si Erie)— 983,221 931,329 105.432 Bbenundoah Valley— 18S4 >5,319 75,958 291.573 191.920 107,139 1,320,791 1,424,933 1884 Oregon R'y 8,759,093 2,191,230 190,751 171,079 & West.t- .. Norfolk 4 '8,546 6,437,963 1,615,36 2,005,988 1883 1884., 860.005 Louis- 1884 5,281,67' the of British empire with a 195,700 181.435 1884 1883 N. Y. Lake Erie franchise until proper pro- was made for a re-distribution of seats, shows that the House is very decided in the view it has taken. In the peculiar circumstances in which the Government is situated otherwise, this action of the Lords must be regarded as embarrassing, and, from the point of view plain that Mr. Gladstone cannot carry on the affairs of the 80,183 78,032 Missouri PacificT— 18t4 1883 Missouri Kan. & TexasS— & 0,487,2»7 295,481 283,157 & Nashville— NasKv. Chatt. Uay 31. i 1,343,382 1,314,013 Denver & Rio Grande— . to Gross Operating Ket Gross Net Eai-nmgn Expenses. Earnings. Eamiflgs. Earnings 1884 1883 Burl. Cedar Rap. * North.— 1884 1883 Chicago Burl. & Quincy— 1884 1888 Cln. Ind. St. Louis & Chic— - 1884 1883 , 1884 1883 Des Miiines 1884 1883 Jan. 1 vision Namx. & Ogdensburg I.a84 757 1,698.877 l,0i;8,090 943,186 583,2.i2 1883.'.'. i.!;.!;:;!;.:;::::.:.' 1884 1883 West Jersey— 1884 778 985 668,787 7,161,412 8,156.371 618,019 do it would hardly be safe, in declare with confidence. the Prime Minister may present circumstances, to When we consider the feeling which has been evinced already by himself and his colleagues in office, we feel as if we were barred from the conclusion that he will either submit to the dictation of the Lords or abandon the Reform measure. Nor is it conceivable that Mr. Gladstone in the present complicated state of affairs can have He stituencies. any desire to appeal his case to the conbe able to do so with better grace will 3,063,382 presumably — 137,356 125,815 98,128 125,191 41.2.33 851 598,871 146,286 10,556 conference has done its were passed, he would certainly be able to count with greater confidence on success. It is the main object of the bill to strengthen the liberal cause throughout the three kingdoms, and we may rest 8S.2rt0 42,846 46,514 J2,414 51,127 388.434 491,850 142,171 856,770 assured that nothing but absolute necessity will induce the 1,888,219 1,395,053 Dtah Central— 1,105,772 899 310 What the Lords into obedience. 97.671 8116,396 4,108,4S9i 1,545,389 a,007,aS2 df.I23.113 1,408,650 a .13,497 5,970,662 df,315,968 5,623,0761 53.782 599.0.SS, work; and Premier at if least the after Reform the bill to court the judgment of the people until the Reform Bill shall have become the law of the land. ""^ '"""« '"'^'"'^ ""-^^^ <" "« N:i"^'rk'"/ei.ni?;^a*n',H^l^ Skt°^^>f;o"ir The last course, which we have suggested, in spite of » Not emi^niclng operations If Central of VewJer.«ey. Not including International a. Great Northern. its revolutionary character, and the drastic measures with T Incliiding Iron Mountain. 1883. • InclurtHg ! Southern Kansas 102,!)69 69.0.58 K2.413 82.399 In bolh years : 33,913 30,011 416,ia3 369,161 153,203 120,291 . THE CHRONICLK JOT-Y 13, 1884. J which it must be accompanied, cannot be without its recouunendations to Mr. Gladstone in his present aggressive mood; and his latest action seems to point in the direction The indicated. in situation of to-day is not without a parallel and strange to say the most exact found in connection with the first Reform to bo history British pai-allel is RATES OF EXCHANGE AT LONDON AND ON LONDON AT LATEST DATES. EXCBAN0X AT LOUDON- Juiu 27. EZOHASSM OH LONDON. ; On- At bill more Upper House, created a batch who passed to AVilliani effectively to secure a balance of IV., in order the Peers, King, Short. 122>4 912-314 3 mos. 12-4 of sixteen had already taken their seats before the its second reading in the (l^ommons. In spite was inimodiately rejected of this preparatory action, the bill by the Lords. What was the course then followed ? Parliament immediately sustained the ministry by a vote It was then prorogued to allow ministers of confidence. When « a20-6.'i 27 27 27 12111a 20-43'« 20-42>a 20-42 12-19 Siiort. 2' 251» 27 Cheeks 27 3 mos. 24' le 46»i6»4611i(i ** Cadiz Lisbon Alexandiia.. Constuut'ple New York... Ondem Bombay 3u daye .. .. BaU. June 27 Short. June 2062 020-66 June 20-<;2 ®20-66 June ti 12-32 ii(al2-35 June •• 2a-37Hi»29-42i4 June Paris Cheoka 25-19\®25-23% June Paris 23i«®23<)g 8t. Petersb'g SmoB. " 25-41i4«25'46i4 Genoa Madrid nme. al2-4)3 20-61 •• •. parties in the new the suggestion, his Latttt Date. BaU. Timt. Bill— the bill of 1831-32. "When Lord John Russell's bill Anuterdani was introduced it was well known that whatever chance Hamburg... it might have in the Lower House, it would be certain to BerUn Earl Grey was then Primcj Frankfort... be rejected by the Peers. Vienna Minister. 39 4tiI)iF3461>ia June 1' June June June June June June 27 3 mos. 82Tg 3 mos. .... ..-. ** Oaloatta.. Hong Kong.. .• aiianghal.... .... I 49li6«'l9''l0 Is. 7>9d. Is. 7>3d. From oar own 27 Cables. 27 27 27 4 mos. 27 ll6-25 4-83>4 Is. 7>9d. Is. 7i«d. 3b. 9d. 5s. l^d. oorreBpundent.I House re-assembled London, Saturday, June 38, 1884, the new bill was welcomed and pushed forward by larger This has been a very distressing week, and there has been On reaching the Lords much anxiety. The fortnightly settlement on the Stock majorities than its predecessor. the bill was read a first and second time by the barest pos- Exchange has been completed with but only two failures, and Its third reading was seriously threatsible majorities. these have not been for any considerable liabilities. One was As soon as the debate commenced ministers found ened. result, that of suicide; but it is a very to prepare a new measure. the attended by a deplorable themselves in a minority of thirty-five. ever, were how- Ministers, remarkable fact that, in spite of the serious fall in prices which The King's consent was obtained to has been continuous and many new Peers as should be necessary resolute. the creating of as pend payment. It is, protracted, so very however, contended by few should many sus- that our Dreading such intrusion the bill. difliculties are only reaching their zenith now, and that only a Lords gave way, and the Reform Bill became law. Mr. It is maintained thatsort of miracle can prevent a crisis. Gladstone and his colleagues to-day have the same remedy matters on the Stock Exchange have been only propped up, at hand which Earl Grey and his colleagues had in 1831and that it is doubtful rf that arrangement can be continued. 32. It remains to be seen whether the remedy will be We appear, therefore, to be largely dependent with respect resorted to, and what action the Lords will take in the to the future upon an immediate improvement in the condition emergency. of business. Hence the question to be considered is whether The entire situation has a special interest viewed in its there are hopes of immediate improvement. There lias been, to the passing of the " relation to the LTpper Hou.se of the British Parliament. ever there was a time had cause the when to be fearful of Commons, there is the coming members of that If House into violent collision with certainly need for such fear now. The feeling has long been general outside of the House that had outlived its usefulness, as at present constituted, and it and there is still, much in favor of such a change, but in the past, cheap money and favorable crop prospects, together with low prices for the leading necessaries of life, have failed to give any stimulus to the general condition of business. That condition of things is unaltered. We seem to be almost assured of a good harvest, especially of wheat, and the money market is still very easy. But at the same time there is greaj would survive as a useful branch of the Govern- indisposition shown to operate, and, as stated, much anxiety Many believe that the mismanexists regarding the future. ment, it must undergo some radical reconstruction. Within agement of Egyptian affairs by the existing government has forceful expression the last few days this feeling has found been the cause of the depression. There is no doubt of the It is only two weeks ago since Lord fact that this has been an adverse feature, but there is more in the House itself. Roseberr/, a young and promising Tiiberal Peer who has reason for believing that over-production has led to unprofitaevidently at heart the welfare of his order as well as the ble results. The stocks of food, raw materials and manufac welfare of his country, moved for the nomination of a Select tured goods are still very heavy, and will have to be sold at a loss; but somebody, it would seem, must be benefitted by goods Committee "to consider the best means of promoting the and produce pressed for sale at low prices. In the course of his remarks he efficiency of the House." been great want of activity, that, if it in attitudes so ridiculous as to compel their Lordships to laugh at their own expense, and openly and unqualifiedly declared that as an effective branch unfavorably with the of the Legislature it compared American Senate. Although the motion was negatived, it was very evident that the Lords felt that a change was im" Our institutions," said Lord Salisbury, "are at minent. " this moment in the course of a somewhat rapid evolution, " and changes are taking place, not perhaps in their form, "but in their substance, their relations, and their essential power." He creation of life " further confessed himself in favor of the existence of such feeling, the present crisis doubly interesting. Lords, is it evident, will early future, and there is The reconstruction if of is the be an accomplished the In view of peerages in limited' numbers. rendered Houie faik in of the Mr. Gladstone had been a younger man, no saying to what advantage, in this particular he might have turned the present opportunity. direction, money market a have been decidedly easy, though during the last two days, with some tendency to improvement, any such tendency is speedily checked by the very cautious policy believed to be a necessity. The Bank of England return shows no change of importance. The proportion of the reserve to liabilities is unaltered at 46*89 per cent, and there has been some addition made to the supply of gold held by the Bank of England, owing to the return of gold coin from provincial circu" lation. A good deal of money will now be required to meet the half-yearly expenditures of the country, to pay salaries and to meet harvest requirements. The Continental markets are dearer than our own, and there is consequently some prospect of improvement. There is also a belief in some quarters that America will want gold, but this is doubtful as the price of wheat is so very low and crop prospects here and This wdl be very on the Continent a^e at present brilliant. beneficiiil to those countries which, even in good seasons, In the House exhibited said and the rates there has of discount ' are compelled to import, as they will be able to purchase what they require at a low price. The average value of English wheat is only 37s. per quarter, and the price of the That price is 4-lb. loaf is only from fiveijence to seveni)ence. . . : THE CHRONICLE. 40 new season, as production great and good. Assuming that the present weather continues, our harvest will be both early and excellent. In fact, throughout all the wheat-producing countries the promise is a good one, and it would be difficult to point to a period when prospective results were so uniformly favorable. As far as June is is concerned, there will be an embarrassment of riches, but the protracted dry weather is shortening the crops of grass and spring-sown corn. The Stock Exchange settlement has not materially affected the money market, but during the last few days the fall in the New York sterling exchange has produced more firmness. The rates are, however, very easy, but in previous yeare they The discount rates for have been lower than they are now. to Jg three months' bills have of recent years been as low as per cent per annum. The quotation is now 1 7-16 to \% per cent, showing either an improvement in business or a les^ extensive supply of unemployed capital. The Clearing House returns exhibit more satisfactory results, excepting as regards Stock Exchange settlement days. Bearing in mind that values are much reduced, a larger quantity of produce and manufactures should be changing hands. wheat % The following are the quotations for money and the interest allowed by the discount houses to-day and same day of the previous five weeks Open market Interest allowed rates. for deposits by Trade London Btlie. I Joint Four Six Four Six Three Stock Three Months Months Months Months Months M(mths Banks. At Itoli I 1 •' Jane " " •' m 23 80 2^4 Ci 2Vi 2 @— 13 2>4 20| 2 27 2 The Bank ®^ - 2M@2)4 2H®2'H\2H®SH ® - 2H92'4 2^<a>2H 2«®8W - 8Vi®2«'2!^a33i 2*i®3M 2 2»9 2 %2ii 2M92H iiHi - 2?s® — 2)i® 2 m®i«'2 @ 2X®2i^ 2-yi»2U2H@3H IH®2 12 ®2li'2l4@3 Call. Days. IH 1« V4 1M-1!4 1 1«-1M IM-IH iH-m 1 following return shows the present position of the Bank rate of discount, the price of consols, the average quotation for English wheat, the price of middling upland cotton, of No. 40 mule twist, fair 2d quality, and the Clearing House return for the past week, compared with previous years of England, the : 1884, 1833. £ £ XXXIX. Price of Silver. of Gold. June 26. 26. Juilf 19. d. d. Bar silver, fine .oz. 50 Ji Bar sllver.contaln- Bar gold, fine oz. Bar gold, contain 'g . 20awtB. 8ilver..os. 77 Span, doubloons. 01. B.Am.doubloon8.oz. U.S. gold coln...o2. Ger. gold GOin...O£. na UK .77 lng5grs. gold..OK. 51 Cake silver. ...oz. Mexican dols...oz. 50>S T8 3« an 76 Chilian dols 51 54 J« oz. A Portuguese loan for £10,360,000 has been introduced upon the leading European money markets this week. It is in a 3 per cent stock and the price of issue in London is £50 IDs. per £100 stock. The brilliant weather and ample supplies have caused the wheat trade to rule extremely quiet. Millers are naturally purchasing with extreme caution, as harvest is rapidly approaching, and in the earlier districts of Europe is near at hand. In the early districts of England the wheat plant has passed through the critical step of blooming under unusually favorable conditions. The weather has been almost cloudless and breezeless, and only a continuance of such weather is necessary to insure an excellent and early crop. The grass crop is short, but is being secured in fine condition. The second crop is expected to be above an average. The Economist has the following mformation from its Continental correspondent with regard to the crops: Paris—A revised return of the wheat crop in France has been issued by the Department of Agriculture. To show how far the estimates differ from the reality, it may be mentioned that the trade journals at the period of the harvest last year fixed the probable yield at from 83 to 85 millions of hectolitres of 2% English bushels. The reports read at the commercial meeting held at Vienna, in August, put it at 93 and 94 millions; the first return of the French Department of Agriculture in October fixed it approximately at 103 millions; and the definite return now gives it at 103,700,000. Estimating the stock on hand remaining from the crop of 1883 at 20 millions, and the balance of imports at 12,000,000, the total supply for 1883 was 135,700,000. Deducting seed com and the consumption, estimated at 116,000,000, the probable stock is now 18,000,000 hectolitres. — Berlin The continued rainfalls and the unseasonable weather are beginning to mark their influence on the pros£ £ 26,070,945 26,954,040 pects of agriculture. Rye and wheat are beginning to rot in 7,678,433 8,736.057 Oats, beans, 24,801,985 27,343.043 many parts, both in Hungary and Germany. 13,780,079 14,908,400 peas and potatoes are in very good condition. The harvest 22,509,727 23,0.9.0)3 will most certainly be retarded two weeks by the state of the 1 1,059,996 16,030,879 weather. In Galicia, Moravia and Silesia, &c., the fertile dis24,380,911 27,231,919 tricts of the Theiss, much damage has been done by floods. 1882. 1881, 25,315,320 25,473.995 9,389,034 8,5S9,313 Other deposits 23,790, 122 2i!,014,658 Governm't securities. 13,613,513 13,314,898 Otlier securities 21.991,216 22,402,636 Res've of notes & coin 15,375,895 11. 34,900 Coin and bullion in both departments.. 25,441,215 22,438,753 Proportion of reserve to liabilities 46-89 4114 43 441s 2i« p. (• Bank rate 2 p, o. 4 p. c. 3 p. 0. Consols xdlOO 10038 xd99% 10138 Enie. wheat, av. price 378. Od. 42s. 5d. 46,t. lid. 458. Od Mid. Upland cotton . e^sd. ollifld. 63, ed. 613, ed. No. 40 mulo twist 9%d. 10l4d loUd. g'sd. Clearlntr-House ret'n. 97,327,000 85,153,000 104,918,000 150,500,000 Olronlatlon Public deposits [Vol. Pri« not likely to^be exceeded during the May M : : '. The Bank rate of discount and open market rates at the chief Continental cities now and for the previous three weeks have been as follows: June Rates of Inttrettat Bank Bate. Farla Berlin,. Open Bank Open Market Bate. Market 2H 3H Frankfort June 19. Bank Open Rate. Market 2% 2H 2% 3« S!4 5. Bank Open Rate. Market 2H 2H Hamburg 3 3 2« 2H Brusaela 2?< 2« 2H Madrid Vienna 2H SH 5 9 5 S St. Petersbarg. Copenhagen SM 6 6 4 4 m 1833-4. qrs. 2.531,283 2,047,072 482,101 Wheat. Barley Oats 2ii 2<4 6 4 SALES. 1882-3. 1,942.670 258,983 1883-4. s. Wheat perqr. OaU 1831-2. s. d. s. d, 41 33 7 46 1 21 5 -31 21 7 8 Converting quarters of wheat into cwts. whole kingdom are estimated as under. 1883-4. cwt. 36,562,930 Wheat 1882-3. 39,359,900 18S0--I. 1,501.371 1,075,013 1U4,85& '!'"' '*^' '""^ quoted 50%d. on Saturdny, lapsed to .5','T^''.?'''''''' '','. *'''"" l"'''^" the arrivals per " Magellan " were sold: and °"i,^"l'"'',''* on Wednesday, owing to the drop of the Indian Kxchanges and the low pnce at which Uleeraphic transfers were sold at the Bank, a further fall of l-16d. took place to 50'vd., which we quote as the nearest price to-day. The "I.*ibnitz," from Brazil, brought £4,100; " (Sermanic " 'J??^?.?"'..,^'""^' '""0"Kl>' £40,000; "Magellan," from Chill, brought £30,000. Tot^l, £74,HjO. The "Thames" takes £87,000 to Bombay. Mexican dollars were quoted on Salunlay last at 50d. nearest, and bave since advanced i«d. to SO^ed.. but. In the absence of supplies and the uncertainty a« to the amount the Hoyal Mail steamer, due on 27th Inst, brings, the market Is very quiet. The quotations for bullion are reported as follows: seasons weeks of the season, the average 4 1880-1. s. d. 43 1 33 7 24 O the totals for the 1881-2. 20,239,650 The following return shows the extent cereal produce into "the United : 1882-3. d. 38 10 31 8 20 In reference to the state of the bullion market during the past week, Messrs. Plxley & AbeU remark Gold still continues in demand for Spain and India. The " Liguria brouftht £19.000 from Sydney, principally SoverelBr.s. The Bank has sold £50,000, in soTereiffns, fur Lisbon, and £6,000 in bar Kold for India, and has received £16,000, in Sovereigns, from Atistrulla. The "Thames" talies £25,000 to Bombay. • 1881-2. 1.744.594 1,617,705 212,042 2.2tj(,9!»3 AVERAGE PBICES. Barley nuterdam SH In the following statement is shown the extent of the sales home-grown wheat, barley and oats in the 187 principal markets of the kingdom during the first 43 weeks of the season, together with the average prices realized, compared with 150 markets in previous seasons. A portion of the season 1883-3 embraced the larger number of markets: of 1880-1. 26,023,760 of the imports of Kingdom dmung sales of the first 43 home-grown wheat the of English wheat, the visible supply of United States, and the quantity of wheat and flour afloat to the United Kingdom, compared with previous wheat price in the ntPOBTS. Wheat.... Barley... Oats Peas Beans Indian corn Floor 1883-84. Owt. 40,825.634 13,069,683 9,759,385 1,496,281 2,179,665 21.775.819 12,337,904 1882-83. 55.456,045 14,502.763 12,588,160 ] ,845,520 2,379,297 18,322,618 14,306,102 1881-82. 1880-81. 49,262,337 47,265,280 11,526.477 10,078.211 8,757,415 8,341,617 17,802,247 2.061,568 l,5S5,33l 2,120,702 18,356,605 23,927,009 8,076,950 10,751,968 SuppUes available for consumption (43 weeks), not including on September 1 stocks of foreign produce : Jdly . THE CHRONICLR l>)84., 12, 188283. 12.337,901 InitforU of llmir of liom«-growu H,306,102 36,562.930 39,259,900 29.239.650 26,023,760 89,726,468 109,052,047 Av'ie prtoo of KnirllHh 4l8. 7d. whoiUfoi wimon.iirs. 389. 10 J. 77,578,987 81,041,001! 468. 7d. 43». Id. 9,800,000 16,200,000 55.486,045 XPOK-r> AMU lumia* UK 1880-81. 1881-82. 49,262.387 8,076,950 1883-84. Iiiiportflof wlio.it.owt.4n.«2S,'i3l 47,265.281 10,731,966 Total Visible Hiniply of wheat Imsli. 13,825,000 In tU« It. 8 Supply of wheat and 20,300,000 uHuabto United 2,383,000 Kingdom.. (inai-tera. 2,170,000 1,885.000 The following are the estimated stocks of wheat, flour and Indian com afloat to the United Kingdom. Baltic supplies are Oraat Britain France.... ........... wool Laal year. 1,725,000 182,000 314.000 now secured, 1882. Last tcetk. 1,919.000 221,000 405,300 227.000 419.000 clip of in this country is 183,000 319,500 and is above EnsIIsb Market Reports— Per Cable. The daily closing quotations for securities, &c., at London, and for breadstuffs and provisions at Liverpool, are reported by cable as follows for the week ending July 11 London. Hon. BoU. Thur: wed. Tutl. 1001,6 100 >4 70-45 114 12319 451a 69% 1373 121% SoSs 1214 101 1 Liver)yool. Hon. Sat. t. Flour (er. Stat«).10Q lb. 11 Wheat, Ko. 1, wh. " 8 Spring. No. 2, n. " 7 '9 Winter, South, n " Winter, West., n " 7 " Cal., No. 1 8 " Cal., No. 2 7 Corn, mix., old... " Oom, mix., new.. " Pork, West. mess. 9 bbl 64 Bacon, long clear 38 Beef, pr. mess, new.llJ tc 75 Lard, prime West. V owt 33 . choice I 18 d. (. S I d. 9 8 5 5 6 64 39 6 73 38 6 5 17 O 6 5 3 6 Fri. s. a. 11 9 8 9 7 7 7 7 8 7 5 3 8 213 21a 64 39 6 75 39 |17 d. 11 O 21s Thurs. t. 11 11 8 7 3 Wed. Tuet. d. «. FH. 50% SOTg 301318 50I.>io 5013,0 50% 99l5,e 9978 go's 99:5,e 99^8 lOOi,, 100 100 lOO'i, 100 ig 7030 76-00 76-2'.; 7605 76-371S 1I4>4 li43e lllH 115H 111 122 122 122 122% l23ie 1514 Canadian PiiolHo 41 >4 15 43% 451a 7118 66=8 Chic. Mil. A St. Paul.... 71>4 68 69 13=8 1278 £i4e, common stock 11>4 14 12=8 122 12OI4 12014 Illluols Central 123 121% 19 Pennaylvauia 55 \ 54^1 Sl^s Si's llSl Philadeljiliia* Reading 12=8 ll's 10214 Now York Central 10538 10358 1061a 1031a d B&ver, peroz Oonsois for money Consols for account Fr'eh rentes (iu Paris) fr U. 8. 4»s8 0f 1891 C. 8. 48 of 1907 Am. 61 39 75 33 40 6 O 6 [16 118 6 75 38 49 6 ©omtitcvclal anxT ptlBccIIattcotts pnvrs National Banks. been organized: —The following national banks have lately 3,216—The Fir.st National Bank of Girard. Kansas. Capital, .'?50,000. John D. Barker, Presidoat Joseph T. Loouard, CasUier. 3,217— The First National Bank of Ithaca, Mloh. Capital, $50,000. ; Robert M. Steel, President; no Cashier. Imports and Exports for the Week.—The imports of last week, compared with those of the preceding week, show an increase in both dry goods and general merchandise. The total imports wore |7,.5.56,732, against 16,197,112 the pre. ceding week and $8,881,891 two weeks previous. The exports for the week ended July 8 amounted to $6,8.56,.'593, against $5,92-2,lol last week and $7,771,171 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) July 4; also totals since the beginning of the first week in January: FORBIOH IMPORTS AT NBW TORK. For Week. Dry goods Gm'lmer'dlse. Total Since Jan. 9 $26,465,248 Week. m6.0.5O 9 3,881.143 7.800 55 i, 500 601.2-14 7,233 134,524 $14,350 t37,721, 579 $538,733 211^,890 18,125 16,932 $5,942,553 4,896,566 007,701 19.350 28,000 All other countries. . T»tal 1884 Total 1883 Total 1882 2.;i80,91S 1,626.101 1,313.682 650 751,358 32,400 20,837,169 1881. 1882. «1,255,S'.J2 $2,095,714 5,171,530 6,039,316 $7,295,138 $7,570,271 $51,513,601 167,278,321 iF0.?,498,673 1883. $2,703,133 7.001,2.=>1 i9,764,387 Oreat Britain $132,800 $5,917,284 17,300 517,'386 1,9.11.000 the average, both in point of quantity and quality. OI>ee*e. SinetJan.l. Silver. Flour Indian cnru The Wetk. 4,35-2,821 1,0^8, 120 Qeriuanv West Indies MazIoo South America : At present. qrs. 1,799,000 Wheat Impartt. Gold llii lour not included ariMJiM AT Ma«r roaa. Xxporlt. BalM proauoe 41 West Inilles 20-<,8l7 South America All other countries. . - 46,173 83,990 $1,063 26',724 37.052 351,363 "74 1,169.108 97.022 26,409 Total 1884 Total 1883 Total 1882 $150,100 $6,885,162 $20,798 $1,982,412 170,584 7,087.183 26,439 2,089,285 183,700 6,006.968 42.395 1, 391,204 Of the above imports for the week in 1884, $132,300 were American gold coin and $20,098 American silver coin. Of the exports during the same time, $14,3D0 were American gola coin. Texas & St. Louis.— At St. Louis, July 9, Judge Treat of the United States Court, granted permission to Raceiver Woodward, of the Texas St. Louis Railway, to issue receiver's certificates, payable in one year, at 7 per cent, suffi-^ient to make necessary repairs on the road, the certiflcates to be alien on the road. & —A Wabash St. Lonis & Pacific. call has been issued to holders of the Hav.ana Division bonds of the Wabash St. Louis Pacific Railroad, issued in exohaage for bonds of the Cliampaign Havana Western Railroad Company, asking them to unite in proceedings for the protection of their interests against the recent default of Wabash. The call has been issued by a committee consisting of Sumner R. Stone, William H. Hollister and Anthony J. Thomas, representing a large amount of the bonds outstanding. Mr. Hollister of the committee said to a Times reporter that the committee's first object is to perfect an organization of the bondholders for tha purpose of taking any steps that may be necessary to protect their interests. What course will be pursued after the organization is perfected has not yet been determined on. Messrs. Reed Flagg of 11 Pine Street now offer for sale some of the six per cent first mortgage gold bonds of the St. Paul Northern Pacific Railway Co. This road is 1.50 miles long, completed and in operation; is exceptionally well located as a terminal road for all the Northern Pacific business, to which company it is leased with a guarantee of these bonds; the company has paid regular dividends on its stock since 1879. For full particulars see advertisement in the Chronicle, opposite editorial pa^e. & & — & & — The Canadian Pacific Railway gives notice that the half yearly dividend on the company's stock, at the rata of Spar cent per annum, will be paid on Aug. 18, 1884, by Messrs. J. Kennedy Tod & Co., in New York, and by Messrs. Morton, Rose & Co. in London. — & The American Loan Trust Co. have declared a dividend of 3 per cent on the capital stock of this company for the past 6 months, payable on and after July 28, at the offloe of the company. Auction Sales. —The following, seldom or never sold at the Stock Exchange, were sold at auction this week by Messrs. Adrian H. Muller & Son: Shares. 200 St. 1,01118 & St. JosflphRR. 160 Brunswick & Alhauy RR. 1% Bonds. $10,938 32 City of Rahway, N. J., rejr. adjustm't bds., of Ga., common for $26 due 1922 3lia 110 Merchants' Ins. C 91®99 $5,000 New York City 78, Im70 Jersey City Ins. Co .97® 100 14 proyem'nt stock, res., due 210 North River Bk..ll5i3« I16ia 1892 120* Int. SO U. 8. Trust Co 49713 7 Nat. Shoe & Leather Bk. 131is > DITIDBNDS. 1884. $1,918,592 5,033,140 f 79,766 32,146 The following dividends have recently been annonnced Name of Company. $7,556,732 Per Winn Cent. Payante. : Books dosed. {Days inclusive, t 1. Dry KOoda Qeu'lmer'dlse.. ]U3,307,9S5 $64,415,761 175,601,782 $60,097,380 169,769,551 Total 27 weeks. $221,821.922 $361,808,633 i210,050,513 $229,866,934 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 (exclufiive of specie) from the port of New York to foreign ports for the week ending July 8, 1884, and from January 1 to date: BXPORTH FROH .NKW YORK FOR THR WRKK. 1881. For the week... Pre V. reported.. *6,200,923 192,611,953 1882. $8,0-25,017 153,555.097 1883. *5.78n,758 170,917,821 1884. $6,856,593 151,930,791 Total 27 weeks. *198,875,S81 $16fi,''80,Ul *182.728,5S2 5158.793.3^7 The following shows the exports and imports of specie at the port of New York for the week ending July 5, and since January 1, 1884, and for the corresixmding periods in 1 o f 1883 and 1883: table Railroads. Canadian Pacific Central Ohi-*. com. and pref... 21a Little Schuylkill Navigation... Minehill <feScliuylklll Haven Oregon R'nay & Nav. Co. (quar.) 319 31a lia 214 31a 3 21a & Petersburg & San Francisco 1st pref. Paul Minn. & Man. (q\iar.) United New.Ier8ey (quar.) Richmond St. St. Louis Insuranco. Amprican Kxuhaugo Fire.... 3 5 ('itizens* 5 Clinton Fire Oontiucntal 5 FarragutFire Globe Fire Home 31a ^ Fire n 5 5 Knlckerkocker Fire New York Equitable Rutgers Fin-. Standard Kirc 3i« ITII.«cclIa»coas« Amorlciin Loan & Trust Fidelity & Casualty Co 3 4 3 6 5 Aug. July July July Aug. 18 July 27 to Aug. 17 31 1 July 8 to July 13 15 " 1 July 22 to Aug." ' i Jul}- 1 Aug. Aug. July 10 1 .Vtily ' is ' 'to" Ajg.' i 3 On dem. On dem On dem. On dem. On dem. On dem. On dem. July 15 July 15 Ang. 1 On dem. July On 26 Jnly 17 to July 26 ...^ deoi.I . . — , . THE CHRONICLE. 4Z ^hi Bankers' 1^' Dividends will be found on [Vol. — United States Bonds. The tendency of government bonds has been towards higher prices for the long bonds fours of 1907 but the 3 per cents are not as strong as the others. The closing prices at the N. Y. Board have been as foUowB: Olaictte. — — the preceding page. KEW YORK. FRinAY, JULY 11, 1884-5 P. M. The Money Market and Financial Situation.— The city banks on July 5 had a surplus reserve above the legal rec[uirement of |16,302,800. This, with the prevailing dull business, would indicate easy money for some time. The crop situation has improved during the week, and in the Northern States, particularly at the West, the prospects are most favorable; in the South there was too much rain in June for the'cotton crop, but much will depend on the weather in July. In general business there is hope of improvement in activity this month, but June was undeniably dull, and there is complaint in the manufacturing districts, where mills are shutting down till surplus stocks are out of the way. There seems to have been quite a change in the foreign trade.movement since the crisis of May, and imports of merchandise have fallen off sharply as compared with previous have as yet only the returns for the port of New years. York, but as about 68 per cent of the imports of the whole country come in here, the figures are significant. If this decrease continues, as now seems probable, and our crops and exports are large tliis fall, an importation of foreign gold would be the result. The imports of merchandise at New York for four successive weeks were as follows, but it is to be remembered that in June, 1883, the imports were exceptionally Interest July Periods. 5. 4'«9,1891 4<«8,1891 .ooup. Q.-Mar. ..reg. Q.-Jan. ooup. Q.-Jau. . 39, option U.S. ...reg. Q.-Feb. 6a, our'cy, '95. ...reg. 3. J. 6?,our'oy, '96. ...reg. J. J. J. 69,our'oy, '97. ..reg. J. J. 6!,our'oy, '98. ..reg. J. 69,oar'cy. '99. .ree.lJ. & J. & & * & * This is July July 7. 8. 9. 'WZH •Ill's *112i4 -reg. Q.-Mar. 4s,1907 48,1907 July 112 II914 i -d "o w 119 100 *123 *125 *127 *129 n3i 'll2^ $8,023,423 8,881,891 6,197,112 7,556,732 1883. $10,430,279 10,296,242 8,932,916 9,764,387 1882. $10,918,121 7,158,533 8,963.933 7,570,274 $30,659,158 $39,423,824 $34,610,866 been variable, 1884. " 27 July 5 Total four weeks At the Stock Exchange the tone has and there has been a re-action from the extraordinary which characterized the two days preceding the Fourth of July. On the other hand, there has been no return of the great weakness and trepidation which was the prevail- spurt ing sentiment during most of June. After the earthquakes we have recently had in the market, experience %vould teach us to look for a quiet business for some time to come. On the one side, bears have had a rich harvest, which the low range of prices makes it impossible to repeat on the other side, confidence has been broken, and the buying of stocks on margin by the outside public can hardly be sufficient to create any boom. Rates for call loans during the week on stock and bond collaterals have ranged at 1 to 23^ per cent, and to-day at 1 to 2 per cent. Prime commercial paper is quoted at 5J^@ 6 per cent. The Bank of England weekly statement on Thursday showed a loss in specie of £374,000, and the percentage of reserve to liabilities was 43 the discount rate remains at 2 per cent. The Bank of France lost 5,032,000 francs in gold and 4,073,000 ; ; francs in silver. The July New York Clearing-House banks, in their statement of showed an increase in surplus reserve of $3,181,175, the total surplus being $16,302,800, against $13,121, 6 J5 the previous 5, week. July 10 July 11. 11214*11218 II214I 11238 11919 112 11914*11919 ni9ia 119« 99"8 119581 I1912 '11919 -99'8' *99T8'lOO *123 •125 •127 *129 •131 '123 •123 •127 129 •131 the price bid at the morning board : no sale was *123 '125 '127 *129 *131 mad •123 [•125 •127 •129 1*131 -.. — U. S. Sab-Treasury. The following table shows the receipts and payments at the Sub-Treasury in this city, as well as the balances in the same, for each day of the past week : We heavy. WeekendingJune 13 • 20 XXXIX. BaUince%. DaU. Receipts. Payments. $ July 5.. 1 •2,904,381 41 4,365,319 24 1,378.995 00 " " 9.. 983,803 34 " " 10.. 11.. 1,002,874 44 1,133,060 85 d" Total ' t ; 11,768,434 28 9, Coin. Currency. $ 2,564,422 98 118.385,994 2,723,061 36 119.918,237 1,349, .377 OH 119,867.434 11,660,540 62 119,157,830 1,391,010 88 118,759,884 1,467,241 69 118,409,828 31 98 16 04 81 71 $ 9.780,771 9,888.783 9.769,007 9,801.854 9.808,683 9,831.558 54 75 51 35 14 40 11,350,834 59 lucludes $2,000,000 gold certificates put into cash, lucludes $3,1100.000 gold oertlflcate-i p it Into cash. lucUidea $'200,000 gold certifloates taken out of cash. State and Railroad Bonds.— There has been nothing of importance in State bonds. Railroad bonds are getting into a much healthier position, where the prices of good bonds are regulated more by their fair value than by the tone of the stock market. The speculative bonds, whose ultimate value is uncertain, will continue to fluctuate with the prospects of their respective companies thus, such bonds as Erie second consols, Denver & Rio Grande consols, Texas & Pacific Rio Grande Division, Philadelphia & Reading generals, and West Shore firsts, will vary each week until their status is better determined, 'In our remarks last week concerning six per cent bonds selling at 75 to 95 with good security back of them, we referred mainly to the prior issues of raili-oads having an established business, but which are in financial difficulties, and in some cases defaulting on junior securities. Railroad and Miscellaneous Stocks.— The stock market has followed a course which, in the absence of any strikin g event, is just about wliat might have been expected. First there came a decided re- action from the extraordinary rise of last week, and on Monday prices declined sharply. On Tuesday and Wednesday there was but little better feeling and with the customary bear reports of special or general rottenness, the market was depressed, Thursday saw an improvement on good buying of leading stocks, and "this was continued on Friday, when the market accepted Cleveland's nomination not unfavorably, and prices in the last hour were at or near the highest. The stock market is now in a situation where, to get a fair and long view of the condition of affairs, one should stand back 1S83. 1882. July 7, July 8. from the ticker and consider tlie following propositions: 1, We have just ])assed through a stock panic. 28.631,200 $326,679,90(1 S. This fact and the political uncertainty are probably sufii«2,7".i,5 iC (14.283. 'Ol .612 3 18,410,8 lO cient to prevent heavy buying by the general public, but do not 322,.i48.2i)0 318.329,10?) so much afl'ect professional operators and hahitu''.'i of Wall 2 4.1.(1.700 23,6u2,C00 Street. On the other hand, there is no basis for another stock The following table showH the changes from the previous week and a comparison with the two precelins? years in the averages of the New York Cleai-ing House banks. Di ffer'n cesfr'm Previous TFce&.i Loans and dis. Dec Specie Carcnlation . Net deposits Legal tenders. [no 5,033,9 (0 In'. 53,100 Inc 4,145,700 816,3'^" Dec. Legal reseryp Eescrve held. rne .$1,036,425 $<0,-87,.150 tno. 4.217,60'ii 87.:i:il,2()0 . BurpluB $841,6 10 . ,3'i?,8'in iii^ 3.1-*l,17 i _ 1 >( *«,6!4,130 $79.583,-373 87.883.6(10 $8,303,325 Exchange.— The market for foreign bUls has been very with a tendency to war. Is firmer prices in the past few days. There are not manv bills making against securities bought for foreign account, and commercial bills at this season are naturally in moderate supply; the maturing of loans of borrewed bills also adds to the present strength in prices. Francs are reported a trifle firmer on account of the reduced shipmonts to French ports where cholera prevails. To-day the rates for actual business were as follows viz Sixty days, 4:m}i@iB'i%; demand, 4 85i.^(«)4 85?/. Cables' 4 86@4 861^. Commercial bills were 4 80i^'ai4 81. Continental bills were quoted as fo1io~Ws, viz,: Francs 205^ and 5 \8%@^ 181^; reichsmarks, U}4@H% and i?'}/^fJ' 94;^@95 guilders, 40(3401,^ and m4@40%. The followmg were the rates of Domestic Exchange on New York at the under-mentioned cities to-day: Savannah, buying Jg premmm, selling 1^ premium; Charleston, buying par seUing 3-16(3^^ premium; Boston, 17 to 30 cents discountNew Orleans, commercial 12o premium, bank 200 premiumSt. Louis, 1-10 premium. The posted rates of leading bankers on Friday are as follow s: quiet, • ' ; July 11. Prime bankers' sterling bills on London, Prime 00 :nmeroial Dooum xntary oommeroial Paris (fraaca) Amsterdam (guilders) Frankfort or Bremen (relohmarks) panic. 3. The condition of general trade, particularly in the manufacturing districts, is not good. 4. The crop prospects on grain and com are exceptionally good, but on cotton only fair. 5. The railroads must be separated one from another, and the value of each stock judged on its own merits; some stocks will recover largely, while others may remain at about present figures or go lower. 6. Railroad property, as judged by earnings, is not generally in abad condition; comparison is made with 1883, th" heaviest year on record; expenses are reduced, and net earnings thus far make a very fair exhibit. There are several conspicuous exceptions to this in roads that have already defaulted. With large crops the traffic after Sept. 1 should be lieavy. As to special stocks this week, the prominent Vanderbilts, the Granger stocks, Lackawanna and Union Pacific, have all been strong on good buying, assisted by the purchases to cover shorts. The two Gould specialties have been s ipported as usual, Louisville & Nashville has been stronger, but the result of the directors' meeting on July 17 will be awaited with interest. Central Pacific weakened on Sir. Huntington's announcement that he had advised against any dividend in August, but was stronger to-day, closing at 37?^. The short interest in stocks appears to be large still, and nearlv all the actives are in demand for borrowing. To-day New York Central lent at 3-32(^1^ per diem for use: Missouri Pacific at 1-16; Lake Shore at l-33(iSl-16; Lackawanna at 3-32; Illinois Central Manitoba and Burlington & Quinoy at 1-32; Jersev Central at l-64@l-32; Union Pacific, St. Paul. Northern Pacifi'c preferred, Reading and Central Pacific at 1-64; and Northwestern and Western Union flat to 1-64. . JCLY 12 . ! THE CUKONICLR IP84.I NEW VOKK STOCK EXCHANeE PRICES FOR WEEK HIOaBST AND LOWEST MTOCKI". Tuesday, July 8. tfonday, July JiUy 6 KAII.KOAnX. AXbtaiJ A Si\.siini>1iaiinn Bolton A N. Y. Air l.loe, pref. Boriloirton Oil. lupldB A No. 127 7. Central of NpwJewey Central Pacific A Ohio ad pref Alton Cliloago Ilnrllngton A Cbioago Milwaukee dt St. pref. Do pref. Chicago Hock iHlanAA Paclflc Chicago St. LonlB * Plttabnrg no Chicago pref. A Om. Panl Minn. St. Rlndrande (£ A BMtTeiiuettRce Va. Ua. pref. Do BTaneTlUe <£ Teire II ante Green Bay Winona A Mt. Paol Harlem Honaton A Texas Central Loiiisv llle 12 26>« 28Hl NashTllle New A Ibany A Chic. 1st pref. common. Do A Do Kansas Missouri Mfssourl Mobile A Morris A Do pref Do pref Ohio Central Ohio A Mlsalaslppl Ohio southorn Oregon '^Iioit Line Oregon A rnuiM-contlnental.. Poorla DcoiifnrA EvansvUle.. A Iianvlllo Rltluii.Mi.l ,« West P'tTemiM. 0^ 6% lOHi ll"* 108 130 86Hi 13% < 86H1 13"b 29 28 10 176 10 177 9V 914 O M 28 o H 28 17% 18% 43S4 46 IS 1=8 18% 18% 9% 10% 10 10 26% 27% 128 125 3% 3% '. Rlc'hrunncl 9 122 39 100>a 10314 A Waynr A •S4 •14 4 36 pref. 29 Istpref. 71) 29 70 PIttslmrg Borne Watortown A Ogilensb. Bt. Lonls .\UoK A Torre Haute Do 16 4% prof. San Francisco Do Do Dnlnth Do prof St. P.1U1 .Mlnneap. South Carolina A Manitoba. 87% 87% 8%""9'% _ Texas <jt Paciilc Unlo Paclilo Wabash St. LonIs* „ "o 32% 36 6% U\ 12% 12% Paiiltlc... pref. MISCF,l,I,ANEOU.<. American « 98 • Phllaili-lphl.l Keaillng Plttsburc Kt. Chic. .xlli'gh.. 8t'ktra8totr.f. RIcli. A 11 '118 . Northern PaclA'S Paul 11 8H, Kftsex A 67 07 Ohio New York Chic. * St. LonIs .. Do pref. New York Elevated New York l>ack. 4 WoRtern.. New York Lake Erie A Wesfn Do prof. New York A Now Knglana New York New Havi-n A Jlart, Ontario New York A Western, New York 8u«ti. A Western... Do prof. Norfolk 4 Weet^m Lonls »7 14 13ii'"l4i4 Texis Paclflo A 90 pref. A Tel. A 66 >4 66 >4 60 50 <4 84^4 •6 3534 7>s 8 60 37 7>, •a 13>4 12 Hi 8>4 Cable Co 60 A Morcliants' Tel... (.u. alio Coal A Iron 60 lai\are A IIuil.<ion Canal AluiiiJil t'luon Tolot^rapli 10% 94% 94% 10 1)1 PacrflcMall Pullman Palace Car Co Qolokallver Mining Do pref „ .' I314 7 12 12 •7 10 127 •6UI4 69>4 86>a 87% 6H1 •12 •6H1 6>a 13% 9Hi 88 86 84 Hi *32 •4 6 186 24 186 21 7,210 87,996 .]'.] 18 80 May 24 June 80 June 27 67% 218 6 16 212 9%June20 28 206 7 May 26 17 940 118 JunB23 140% 8,562 107 Jnno27 127% 320,160 68%Juno27( 94% 95 'e J n no 2,011 121,721 110 Hl%.luno-2:i 124 f SH 4,886 •-'7 10 3 81 18 II 7 8 28 I'eb. 18 )an. 3 eb. 10 leb. 12 20 May 18 35 21% Juno 2B 34% Jan. 3 803jJu„„o7 96% Feb. 1 28 Juno 27 69% Mar. 14 100 100 125%June24ll41 Apr. 160.740 «0%May 2(iil33%Mar. 6% June 23 25%Jan. 3% May 14 8% Feb. 6 June 12 14% Feb. 37 May 2 61 Jan. 4 May 8 8% Feb. 60 186 400 20 4,244 110 68 70 88 2M| 86% 14% 27 128 137% 116% 129% 91% 108% 115 122% 116% 140% 12 134 11 6 Jan. II 3.200 1,860 1,360 88% 90 11 il" Juue23 149% tob. 100%Juno23 I26S4 (eb. 6»4.lun«20 13% Jan. 2.065 2,513 84% 86 48% 66% 47% 71% 10 17% Jan. Jan. Jan. Jan. Feb. Jan. Feb. 1 188 78 76 Jan. 10 Jan. 18 k167 116% 127% 10% 22 67% 83 30 91 64 65 118% 1 84 124% 142 1 111% 131% 61% 4% 11% 21'. 3 15 16 7 46 8 6 33 75 11'. 24 24 lltft 116 24 116 80 10% July 11:200 Juno26 51 8 '..i n I .t SO 9% 93% 50 9% 94 40% 49% 61 61 404 19 30 9 90% 93 . INACTIVE .STOCK8." Atchison Tonexa A Souta Fe Chicago A .Alton, prof ... Columbia A Oreenvllle.pref Columbus Chic. A Ind. Cent Danbury 4 Norwalk 68% 41 99% •3 5 •3 22 •20 64 125 88 •48 100 Dnlted States Wolla, Fargo 4 Co 11 •20 58% 68% American 80% 93 91% 91% 750 3,110 7 129 89% 52 100 66% 66% 128% 128% 126 88 90 9(1 •48 •98 82 102 60 100 42 100 10 70 10 70 41% 42% 42% 44% 98% 99 100 101 8 •3 6 •4 22 5 •ao 22 •20 85% 53% 84% 128% 128% 23 130 00 60 100 •87 60 •96 90 60 102 64% 66 '125 93 •50 128 93 65 100% 100% 116 610 23,660 2,013 123,034 45 9i 1 ; 64 140 64 140 5 6 50 Rensselaer A Saratoga . United Companies of N. J. 139 139 175 53 60 60 138 60 188 139 Warren Muyland Coal Contril Coal Pennsylvania Coil Bprlng Mountain Coal Those are the prices bid and aakeil ais ; no sale was matle at the Boanl. 130 •40 141 65 141 200 260 68% 87 11; 118 17% Mar. 17 14 140% '4 .39% May July 16 Feb. 11 7%.I»n 10 7 170 3 137 116 I Fob. I " ' Apr. 24 :136%I3S 88 94% Juno2ri02 Mar.2« May 17 61%Feb. 7 May26 I ! ^ 66% 85% Feb. 13;ill8 138 June 23 80% Jan. J 7 78% 84% June 13 162 Feb. 16 140 150 68% Feb. .11 S3 Feb. 11 31 Feb. 14 1% 7% 2 Jan. 17 Jan. 21 50 Jan. 21 70% 50 82 60% June 27 82 Mar. 10 77 138 137 Apr. 12 145 Mar. 4 138 ..... 5 Jnly 7 5 July 7 46 May 15 90 Jan. 9 96 113% 138 JnuclS 146%;Apr. 18 189% 'i,'}'* 192% Ian. 8ll93%IMar. 21 187% 18'f 121 May 1<123%!Mar. 3!i 118 118 17 10 9 June 9' 16 Feb. 21 14 » 7% Apr. 14 10% JJan. 31 264 Fob. 19 264 Feb. 19 260 280% 29% Jan. 2 61 Apr. .SO •.t>% 30% 33 ... 61% Jan. 8 127% Apr. 1 102 Hi 112% 25 15 126 66 8%Jnne2H 65%Jau. 7 60 81% 60% Jnue'.'O 112 Jan. 28 90 160 31 44% May 16 .5634 Mar. 17: 28 90 May 21 117 Jan. 7 112%'134 9% 3% Juno 30 6% Feb. 11 6 46% 20 June 20 32% Feb. 6 80 49 May 14 78% Feb. 16 71%: 88% 18 127 87 304 150 75 16 I June 88%M.ay 23 114 62 142 MlsHi.HHippi, pref May { .rune 27 122% Jan. 11 (18% . • 11 12 48 80 80 mgk Mar.l8 190 200 60 83% Jan. 4 116 116 117 117%118 June23ll40 Feb. 13 124 148 80 70 70 July 8i 86 Mar. 6 77 84% •12 11 11 11 12 ... 12% 12% 1 ,545 9 Jnne21| 20% Jan. 6 17% 86% •9 •» '9 '9 10 9Hl 10 300 10H> 6%June27! 19% Jan. 7 18>.j 33% 72 Ti\ 72*4 73 % 74 72Hi 74Hi 75% 82,305 67%June27 104% Mar. 4 92% 114% 07 67 Hi B7Hj 6SH1 66H1I 66 68 68 1,030 62 May 24! 78% Mar. 16 68 86% 26>4 20^4 26% 26 26% 26 26% 28% 28,700 22%jnne21i 51% Mar. 4 40% 68% 18 14 16 18 15 14Hl 600 12 Jnue27' 33 Jan. 4 80 68 •61 •62 .... 66 66 •51 66 55 48 40 Jan. 22, 5fl%Jnne 7 88 63% •88 •88 "88 "88 90 89 90 82 Jan. 21 93% Apr. 7 80 00 •60 •66 •66 •53 ..... .... 42 Jan. 23 59% Mar. 17 38 68 60 12% May 16 24 Mar. 18 12% 80% 24 24 24% 21% 2.100 23 June 27 40 Jan. 11 35 32 •00 83 Jnuc:«),105 Apr. In 76 85% •65 *56% ;;!;; 60 60 51%June27; 94% Mar. 4 77 100% 10 Feb. 11 18 Jan. 7 18 10 *80 33 33 32% May 26 44 Apr. 10 36 48% III4 11 11>S 1I>« •11 12% 12% 770 16% 30% 7%Jnnc23! 18% Jan. 7 22 >a 2 2 Hi 23 23 22 25 1,600 17 Jnne21! 36% Feb. 11 33 68% 13 1313 "13% 13% 13 13Hi 13% 14% 7,980 9%June27l 23%. Ian. 5 19 %< 34% 96<^ »7is 96 95341 94 90% 95% 86% 29.612 63% May 20il()(> June21 86 106% 9 9 MV •6% 9% 100 6%Jnne20l 13a4Mar.24 10 19% •126' 125 122 122 125 125 120 116 Juue27il27 Jan. 29 120 129% •37 •36 38 38 37% 37% 88 38 6(;0 30 June 26 ,58 Mar. 14 80 64% 99% lot 99 90=4 101 Hi 100% 101 102% 53,139 94% Jnne27 122 Mar. 13 111% 129% •6% 6 6% a 6% •B's 5% 5% 400 5 .luly 1 10% Feb. 18 7 16% 10 10 10% 10% 10% 10% 10% 800 9 May 14 20% Feb. 14 13% 35 105 130 106 130 106 130 103 130 115 Juno 24 l:fO June 13 90 {105 •84 86 »4% 86% 86% 86% "406 83 87 87 uuo 26 94% Apr. 12 83% 89% 12% 13 12% 12 's 13% 13% 17,000 ll%Jnuo27 28% Ian. 5 26 'p! 40% 12«B IS"* 26% 25% 28 26 29 23 27 27 1,285 20 June 27 71 Mar. 3 72 83 IOI4 10>4 300 8 J une 24 17% Apr. 4 17% 62% ii'i" 173 171 175 July 7 184 May 1 169 183 9% 9% 8 9% 10 9h1'"9Hi •3 10% 1,814 7 June 27 16%. Ian. 7 16% 29% 4% •8 4% •3 4% 4', 3% May 27 6 Feb. 28 8% •8 •8 12 •8 12 11 10 May 17 18% Fob. 16 14 21% 18 10 Jan. 29 11 Feb. 23 10 22% 23% 25 26 27 26 23 23 940 22% July 9 42 Feb. 16 32 49% 17% I7%l 17 17% 18 17% •17%.... 4.903 14 Jnne27 27 Jan. 23 %l 63% 42% 44% 43% 44 43% 14% 48% 44% 29,674 37% Juno 27 57% Jan. 77 49% 90% •1% 1% 1"8 1% •1% 1% 1% 1% 856 14% l%Jnncl8 3%Jan. 7 •18% 20 16% 17 18 18 •18 20 400 14%M.iy 14 25% Mar. 17 36% 14% 5 June 12 Mar. 19! 9 32 13 JnnolO 24 Mar. 22] 8% 9% 9 8% 9% 9% 9,023 6% June 26 34%Jau. 7i 2ii% 89 •9% IOI4I 10 •9% 10% 11 10 11 1,140 28 7 June 20 17 Feb. 4I IV 22% 28% 22% 23% 23% 24% 47,030 22 June 2 60% Feb. 23, 4li'4 61% 22% 26 123 123 •123 ... 290 120 JuneSO 135 Apr. 14 12!t , 138 3 8 600 15% 2 % M.iy 24 6 Jan. II 84 84 •33 35 200 32 July 3 61 Feb. 14 73 ""13" "le' 16% 16% 39 300 12 Juno 26 32 Feb. 151 S% 3% «% 8% 3% 3% 3% 33 1,315 3 June 26 16% Feb. 4I •18 23 84 19% Jan.- 7 24 Mar. 21 •20 28 •ijo" i"i: 85 18 Jnne2- 50 Mar. 17 »70 70 70 70 103 70 July 3 08 Feb. 5 •12 •12 25 23 •12 11% Jurio20 27 Mar. 18 20 %l 36% •28 33 •25 33 28% 2S% •25 33 300 24% June 30 50 Mar. 18 40 5tf% •75 80 78 79 7o 78 80 80 358 70 May t 96% Apr. 10 87 100% !.* 40% 33 J uno 30 32% Jan. 9i "65" 65 RO 05 July 11 90 Jan. 26 9(1 97% 86 86% 86 86% 86 85% 87 86 169% 2,625 78%Juno'.'7 9U .Ian. 7 94 10 May 24 11 May24l 22 Wj 27% "8%"'9 7% 8% 8% 8% 8% 8% 6,710 5 % J tine 27 22% Feb. 11! 17 s. 43 32%l 81% 33 30% 32% 81 32% 33'„ 168,890 28 June 30 84% Feb. 16 70 'k 104% 6 6% 6% 6% U% •3 6% S-'b 655 16 36% 4 June 27 19% J an. 7 12'4 124 12% 13 ll's 13 18% 13% 1,513 9 May 20 32 Jan. 5 29'. 6/% 13% 13% 71 71% 41% 42% 40% 42% 101 102 100 100% Adams New 68% S7%Feb. l;,3«0 10 western Union Telegraph EXi'KE.S<.. A Lew. Jan. SO 197 July 8 185 ^ Tearl June 28 June 27 24% June 27 8 May 22 3,860 . New York A 'l'o.\ii» Land Co.. Oregon IinnrovoinentCo Oregon Hallwaj- A Nav.Oo... Ohio For 18M. Highest. 60 89 600 7Hl 7 48% 43% 28% 3D 4a Hi 28^ 38 T« 36^ 36 84 <g 86 "4 >»i 37 Hankorrt' Dubuque A Sioux City Jollct A Chicago Keokuk A lies Molne.4 , • Lonis XashviUe Cbnttanooga A St.L. New York Central * HnOson. Bof-hesier •88 •S3 14 pref. St. 1 1 MetrojioUtan Mlfvitted Michigan Central MDwankee L. Bb. A Western. Mlxmeapolla 126 1884. 1, I •is' Manhattan Reacb Co Meiuphin i& Cli.irloeton Bt. 13 TiH 77 Manhattan Elevateil Do Do 43^ 29 ^ 84 48 29 •21 leaneilllnei p.c. A 4.1 2i><<i 8 Inla]i(l Lonisvlilo St. l»>ti 25 117>,118 InAJana Bloomlngt'n A West'n LakeKiiedt Wentern Lake Shore Long 4» 211 >a 8 ^6>« ss". 7'8 12 Hi 10 126 25 nunols Central Do il8 88 3« 87 >. S6 30 pref. CleTelnnd Col. C'Inn. A Inil Cleveland A I'ltlabnrg. gnar Delaware I>arkiLwanna<&west. DeoTcr 62 .S6>« 4» 84 Hi 85% 88% 80% •82 3(i •32 .... 133 133 1 36 1 35 108>4ll2l, 107Hjl09i4 105H>id8»4 104 7^107 106 108 8>« 8"< 7'8 8 8 8^4 11% 8 8^1 9 4 4 4 4 4 4 4 37, 4Hl 4 7 7"» 7 7 7 7 7 7 7 7 — Do Lowest. Jnly n. 12&3^ 126 128 128 127 127 127 Ii2>4ll4i« 112 11»<« lllHi 113 ni>4ll2 64 Hi 0<> »6'\) 67"8 66 Ud U6>4 68% lOli 101>4 104 1114 104 108 IU6H1 lOA lOSHi 104 88>» 89S 87Hl 89>» 88<s 90^^ 8«Hl 61% 122=4 123 '4 124 127 1 5^7 Hi 12334 12ft<% 122 123 120 106 lOli 107 >4 110 leu's 107»< 106°bI06 107 108 •«>9 7>.j •6=4 •6»« •6% 8 9 8 •17 •17 •17 21 •17 22 22 21 20 24% 25 26 26 >s 24^4 2riHl 24 <^ 28 26 PnnI A Northweptem Chicago (Shares). Frtrtar, JAN. Range Since Jan. Bale* Of the Week Wednculay.l Thursday, July U. July 10. 126 112lall5 67 69 >< Qnlnoy Do Ul •13 •8 latpret A Chicago PRICES. AND SINCE II, .<I5 4( 4.1>s southern Cnliir Kiilln.t Minnesota Do JULY EiNDING 80% Mar. 37 84 JaneS4 UtllMtlllll PiK'lllQ l>o 43 127 (*aiiA(1:t Oheiwpoake 1 —— .... — I — . . . ... SECURITIES. SECCBITIES. Ask. Ai»b»m(i-Cla8» A, 1906. cu«8 B, 58, laoe CllkW C, 4«, 1906 6a, 10-208, 1900 Arkansa8— 68, funded 78>< 80 99 78 80" Missouri— 68, 1886 Kock & Ft. S. I JULY & B. R. RB. 7 7 7 2>3 Arkansas Cent. RR. 101 «eor(ri»-6s, 1886 103 7a. 1886 7«. gold, 1890 711, SECURITIES. I Bid. Prices.') Ala. Central— 1st, 6s. 1918 Alleg'y Cent.— I8tj68,192a JLVC-S.i\& S.Fe-4i28. 1920 Sinking fund, 6s, 1911AtL <fe Pac— Ist, Us, 1910 Balt.& O.— iBt, 68, Prk.Br. B08t. Hartf &. E.— Ist, 7s C. Kap.A No.— 1st, 6s B Minn.&St.I,.— lst,78,gu. ir. la. City.A 99-3 100 West.- 1st, 78 Buff. N.Y. ad, 6s, 1913 Beg.. 58, 1913 95 -75 Central Iowa— 1st, 7s, '99 East. Div.— l8t, Bs, 1912 111. DlT.— 1st, Bs, 1912.. Char. Col. & Aug.— Ist, 78 Che8.& O.— Pur.moneyfd. 101 101 6s, gold, series A, 1908 89 68, gold, series B, 1908 . 30 68, currency, 1918 Mortgage bs, 1911 Ches.O.&S.W.- M. 5-6s... Chicago & Alton— 1st, 73. 116 IIB Sinking fund, 63, 1903. La. & Mo. Riv.— 1st, 78- '114 2d, 78, 1900 & Chic— 1st St. L. Jack. l8t^ guar. (564), 78, '94 2d, (360), '78, 1898 2d, guar. (188). 7s, '98 Miss. R.Br'ge— Ist. s.f.68 C.B.& Q.— Con80l.78, 1903 124 14 88. sinking fund, 1901 58, debentures, 1913 la. Div.— S. fd., 5s, Sinking fund, 48, 100 70 90^4 1919 103 1919 *87 85 91 104 Bnff.& Ev. A T. D & l8t,S.Minn.Div„Ba,1910 105 l8t, H. & D., 7s, 1910... 111 H.— Ist, 93 14 l»t,Chio.A P.W.,5s,1921 MIn'l Pt. Div., 59, 1910. C.& L.Sup.Div., 58, 1921 92 W18.& Min.Div..5s.l921 90 Chic. & Northwest.'104 Sink, fund, 78, l.'iSo Consol. bonds, 73, 1915. 128 Extension bonds, 78, '85 104 l8t,78. 1885 104'4 Coupon, gold, 7s, 1902.. 121 14 RegUt'd, gold, 78, 1902. SlnTtlng fund, 6s, 1929.. Sink, fund, Bs, 1929, reg Sinking fund, Ss,19'29.. 102 Sink, fund, oa, 11129, reg "93' Sink'g fd. 119 123 117 116 106 116 93=4' 92 "a 9ia»! Mex. •2d, Bs. 9lia 58... 1931 Gulf C0I.A S. Fe— 7s. 1909 •2d, 6s, 1923 Peninsula— l9t, conv. 7s '114 MUw'kee— l8t,7s' 119 "Wln.<fe St.P.-l8t, 78, '87 104 2d, 78, 1907 110 MU.& Mad.— l8t,G8,1905 l8t, consol., 7s, 2d, 6s. 1907 Gold, .5s, 1897.. let, 4-5.68, 123 II2I1 112>3' lO'JHl 101 "a 93'a AN. I., s.f., 78... Cleve. A Tol.— Sink'g fd. New bonds, 78, 1886.. Cleve. P. A Ash.- 78 Buff. A Erie— New bds Kal. A W. Pigeon- Ist. M. S. . 120 105 >a I'iO So prices Friday; 101 '( 101 110 116 '104% 115i< Consol., Consol., Conaol., Consol., Long coup., Ist, 78. l'22ia reg.. 1st, '78.-. >l-20 coup., 'id, 78.. reg., 2d, 78 . . Isl. KR.— 1st, 78, '98 118 '60 70 115 91 79 M.— Ist, Laf.Bl.A 135' Manhat.B'ch Co.— 7s, 1 909 N.Y.AM.B'h-lst,73,'97 113'fl tbMe are 68, 1919 latest quotations made this wBek. Bs 78, Ist, 7s, Pennsylvania 1893 <!.& Tol.— lat, •76 i 78, 75 85 100 '98 •91 81 'W 100 82 1890 Han.A Naples— ist, 78 IU.& So.Ia.- lst,ex.,6s St.L.K.C.&N.— R.e.,73 Omaha Div.— Ist, 78 Clar'da Br.— 68,1919 99 95 85 76 No. Missouri— 1st, 73. 106 Weat.Un.Tel.— 1900,coup, 107 107 1900, reg N.W. Telegraph— 79, 1904 Chic. I I 6514' C539 Id. gr., RR.— Pa.Co.'s guar.4i39,lat,cp Begistered, 1921 PittCA St.L.— Ist, c.,7s A E. 111.— Inc., 1907 DesM.A Ft.D,— lst,inc.,68 Det. Mack. A Marq.— Inc. E.T.V.AGa.— Inc.,6a,1931. EUzab. C. A Nor.— •2d, inc. 17 10% Gr.BavW.A St.P.—2d,inc.l Ind. Bl. 67 A W.— Inc., 12iJ 1919 Conaol., Inc., 6s, 1921..,| Ind'sDec.A Spr'd — 2d,inc.|* Trust Co. certificates Leh. A Wilkesb. Coal-'88 20 . 63. 1905 1st, reg., 7s, 2d, 78, 1913 Pitts. •10 1910 1910 1905 Ch.St.P.AM.— L.gr.inc.,68 1909 1909 reg. Ist.Rio O.Div.,Bs,1930| 80 98 Atl. A Pac— Inc, 1910... Central of N. J.— 1908 Cent.Ia.— Coup. deb. certs. Lake E.A W.— Inc.,73,'99 Sand'kv Div.— Inc., 1 9201 Lat.Bl.A'Muij.-Inc.,78,'99i Mil. L. Sh.A W.— Incomes A A 78" '97% Alleg'ny Cent.— Inc., 1912 — Mob. A O.— lat,i)rf deben. 3-68, ClaaaC. 1906.... 3-B8, Class B, 1906.... 1st, Bs, Pierce C. O. Equipment, 78, 1895.. Income IOOI4 .. 3d, 7s, 190B Pac. of Mo.— lat, 6s... 2d, 78. 1891 StL.A S.P.— 2d, 68, CI. Consol., 6s, 1931 1920 INCOME BONDS. Bs, '95 Pac— lat, cons., 100 (Interest payable if earned.) 58,1907 Exten., look's 99 Mut.Un.Tel.-S.fd,6s,1911 Spring Val. W.W.— lst,Bs 1896 Ut.8o.— Gen., I 109% 1 ., •2d, prof., debouturea 3d, pref., debentures 4th, pref., debentures 60 30 * j - N.Y.Lake E.AW.— Inc6a N.Y.P.A O.— lat,inc.ac.,7a Gen'l mort., Bs. 1931.. 80. Pac. of Mo.— lat.Bs Tex.A Pac— 1st, 68,1905 •93 Lonlav.N.Alb.&C- i8t,Bs 109 A •96 79 L.ErieA W.— l8t.68, 1919 Sandusky Dlv.-Bs, 1919 iSo" 104 63, AtC.A P.— l6t,Bs,1905 Mo. 108 106 1 St.Chas.Bge.— lat, Bs At. J. Co. A W.— Ist, Bs Oreg. Short L.— 1st, Bs 117=) A T.H.— l8t,7s 2d, jiref., 78, 1894 2d, income, 7s, 1894 Bellev.A So. 111.— 1st, 83 St..P.Minn.& Man.— lst,78 2d, 6a, 1909 StL.AIton •2d, 7s, Denv. Div.68,as'd, '99 lat, consol., Bs. 1919 C.Br.U.P.— F.c,7s, '95 123 Cairo A Fulton— l8t, 78 Cairo Ark. A T.— 1st, 7a Gen'l r'y A 1. gr., 5s, 1931 GtWesfn— Ist, '78, '88 I.«nd grants, 78, '87-89 Sinking funds, Sa, '93. Beg., 8s, 1893 Collateral Trust, 68... do 1927 Incomes, 1900 Scioto Val.— Ist, cons., 78. St. L. A Iron Mtr- l8t, 7a 2d, 78, 1897 Arkansas Br'ch — Ist, 7s Consol. conv., 7a, 1907 lst.6s! Union Pacific— Ist, 6s lat, 6a, 120 100 Tra.st bonds, Bs, 1922... Pac— Bonds, Bs, AU.A (;h.— l8t,,pf.,7s, '97 1st, St. L. Div., 7s, "89 2d. ext,. 7s, 1893 Equipm'tbds, 73. '83. ibiij 104 46 So.Facof Ariz'a— 1st. 6s So.Pac.of N.Mex.-lst,6s Kans.Pac— lat, S.& N.Ala.— S.t.,6s,1910 Leban'n-Knox- 6s, 1931 Louisv. C.A L.— Os, 1931 . . • 107 71 1021a 103 1st, consol., 58, CoLdt Green.- Ist, 68,1916 *80 1891.... West. Bo. Pac. of Cal. Danv.— Cons.,g.,6a Debenture Ind'pohs Div.-68, 1921 Detroit Div.— 69, 1921 .. Cairo Div.— 5s, 1931 .... Wabash— Mort. 7s, 1909 Tol. A W.— lat, ext., 7s Pacific Railroads- San Joaquin Br.— Ba.. Cal. A Oregon— 1st, Bs Land grant bonds, Bs. •76 •99 Det.M.A T.— lBt,7s,1906 Lake Shore— Div. bonds '118 ChlcAW.Ind.— l8t.s.f.,6s OenT mort., 68, 1932. BTr.Blng.& Sr.Y.-l8t,78 Morris A Essex- 1st, 78 130 .121 1909 2d, 4.5-6S. 1909 Eastern Div., Bs, 1921.. Indlanap.D. Spr.— l8t,78 2d, 68, 1911 1931 ... Louis. West.-lst. 6s C!on8ol.7s, 1914 llOHi Louisville A Nashville Consol. sink, fd., 78,1914 Consol.. 7s, 1898 General consol., Bs, 1934 95 ibs' Cecilian Br'ch-7s, 1907 C.St.P.M.4 O.-Consol. 6s 110 Ill's N.O.AMob.-l8t,68,1930 C.8t.P&M.— Ist.Bs, 1918 110 116 •2d, Bs, 1930 No. Wls.-lst. Bs, 1930. 100 E.H.AN.-lst, 68, 1919 St.P.<S S.C.— l8t,Us,1919 IIBH General, 08, 1930 Chic* E.Iil.- lat,s.f.,cnr. Pensacola Div.— 6s, 1920 Chlc.StL.A P.— l9t,con..5s gs" St. L. Div.— 1st, 63, 1921 Chic. <fe Atl.-lst, Bs, 1920 •2d, 38, 1980 2d, 6s, 1923 Na.shv. A Dec— let, 7s. 1907 , Rich. A 87 Wab.St.L.APac.— Gen'l Ba 39%l 62% 66 Chic Div.— 58, 1910 Hav. Div.— Bs, 1910 Tol.P.AW.— lat. 79,1917 »80 75 Iowa Div.— 63, 1921 A Kv.— lat, 6s A Pek.U'n— 1st, Central Pac— G., 68 Con.sol., lat, 6s, 19'22.... Kich.AAlleg.— l8t,7s,1920 Sabine Dlv.-.lst.6a,1912 Va. Mid.— M. Inc., Ba, 1927 6s, 1897 Midland of N. J.— 1st, Bs N.Y.N. H.&H.— lat, rg., 48, Nevada Central— Ist, bs.. Debenture, 10413 1051a; Peoria Con., Ist, ext., 58, 19'22. 1st, Davt. Div., 6s, Ist, Ter'ltruat, fis, Tex.A N. O.-lst, 7s, 39=4 Evans.Div.— l8t,6a,1920j i. 1961 A S. C— 2d Div., 78i Ced. F. A Minn.— 1st, 78 Ind. Bl. AW.— 1st pref., 78 Dub. Rome W. A Og.— 1 st,7s,'01 Roch. A Pitt.— 1st, 63,1921 A 61 Re.gistered, 5s, 1931 Peoria Dec. . lat mort., 78, 1911 Tol. Del. Burl.— Main.Bs Panama— S.f., sub.6a,1910| Int.AQt.No.— Ist, 63, gold 107 Coupon, 68, 1909 log's Kent'kyCent.— M.6a,1911 12313 Lake Shore C.C.C.& Ind'8-l8t,78.3.fd. 117 78, 4th,a.fd.,6a,1892 St.L.V.AT.H.-l8t,g.,78 •2d, 7s, 1898 2d, guar., 7a, 1898 Pitts.B.A B.— 1st. 6s. 1911 Geueral, 69, 19*21 Tex.Cei).— Ist, s.f.. 78,1909 80 82% Oreg'nA Cal.— l8t,Bs,1921 68"' Or.&Tranac'l- B8.'82.1922 60% 60 Oregon Imp. Co.— 1st, 6s. Oreg'n RR.A Nav.— lat,Bsl 101 105 Springfield Div.— Cp. 68. Siiddle Div.— Beg., 58... C.St.L.A N.O.-'ren.l.,7s Ask. Shenand'hV.— l8t,7a,1909 ioi% St. Jos. 8s, conv. Consol. Bs, 1911 2d, 68, 1913 Illinois Central— Bid. Penn. RR.— Continued— P.Ft.W.AC.-.2d.7s,1912 3d, 7s. 1912 Clev.A Pitts.—Con8.8.fd. P.A Dul.— lBt,5s. So. Car. R'y— Ist, Ba, 2d. Bs, 11(31 I — Hann. & 1899 St.. N.Pac, G.i.gr., 1st, cp. ,6s Registered, B5 1921, llQia N.O.'Pac— 1st, Bs, g., 1920| Gr'nBayW.&St.P.— Ist.Bs 58, SECURITIES. Ask N.Y.SusQ.AWest.- Ist, 68 107 1112 1905 A Pac— let, A 118 Clilc.A Jf.*E-2d, Begistered Funding lat. cons., Bs, reg., 1933. Mln's Un.— 1st, Bs, 1922 92 Nort.AW.— Gen'l, fis, 1931 103»8 104 New Klver-1 St, 63, 1 932 112 113 >« No.Rallway(Cal.)— lat, Bs Houston & Texas CentrOhioA Miss.— Consol. s.fd. 87=4 104 1041a Consolidated 7a, 1898. ist, M. L.. 7s 2d consolidated 78, 1911 1st, Western Div.. 78 ... '101 '107 133 1 st, Waco & No., '7s let, Springlicld Div., 78 2d, consol., maine llne,8s 115 Ohio Central— 1st, 68,1920 i26" 2d, Waco A No.. 88,1915 1st, Term'l Tr., Bs, 1920 la 98 General, 6s, 1921 1st, Min'l Div., 63, 1921 99 Honst.E.AW.Tex.— l8t,7s Ohio So.— 1st, 6s,1921 .... & 78, 94 1 ii2'ii ii's' 108 100 106 Dakota Ext.-6s, 1910.. let, consol., 6s, 1933 2d. Bs, 19'23 cons., 68 P.Marq.— M.68,1920 Gal.Har..ft S.Ant.- lst,68 Cmo.<6 Pac.Div.,6s,1810, 105 Mortgage Bld. . St. PaiU— 128 let, 8s, P. 2d. 7 3-10, P.D.. 1898... 116 iBt. 78, $ g.. E.D., 1902. •122 lat, LaC. Div., 78, 1898. 113 l8t.I.&M., 7s, 1897... 114 l8t,I.<ft D.. 7s, 1899.... * iBt, C. M., 7s. 1903... lii' Consol. 78, I9O0 2d, 78, 1884 Ist, 78, I.ctD.Ext..l908, 115 let, 8.W. Mv., 68, 1909. 101 92 l8t, 68, LaC.A Dav.,1919 1926 SECURITIES. Morgan's La.& T.— 1st, 63 Nash.Chat.A St.L.— l8t,78 Mt.Vem'n— 1st, Bs, 1923 4 deferred BOINDS. N.Y.W.Sh.A Buff.— Cp.,58 S.W.— M.,6s.l908 2d, 78, Am.D'k&Imp.- 58,1921 2d, 68, 38 In 38 "a 1st, I'Jxtensiini. 6.9,1927 S.A... Fl't<fc 103 Hi Keok. & Des M.— Ist, 58 Central of N. J.-lst, 1890 113 114 104%' l8tcon80l.aa8ented,1899 1U4 103 Conv.. assented, 7s, 1902 •Adjustment, 78, 1903... *70' Conv. debent. Bs, 1908. 90 Leh.&W.B.— Con.g'd.as. 90 Col. H.Val. & Tol-lst, 5b J)eL !,.& W.— 78, conv., '92 Ask. Bid. 37 SB's 35 50 33 40 District of Columbia— 3-658, 1924 102 Tennessee— 6s. old, 1892-8 6*, new, 1892-8-1900 Collat'l trust,Bs,1922. .. deb., 5s, 1933 Escanaba L.«.— Ist.Bs Des M.& Mln'ap.— lst,78 Iowa Midland— Ist, 83. .1 68, j 189:^ •91 2d, Bs, 1901 Divisional 5s, 1930.., 90 N. Y. Central— 6s, 1887... EUz.C.&N.— S.f.,deb.,c,6s 31 '( Deb. certs., ext'd 53 1st, 68, 1920 99 N.Y.C.& H.— l8t, cp., 7s EUz.Lox.A Big Sandy— 6s •70 1st, reg., 1903 Erie — 1st, extended, Ys ... 121=4 lllia Hud.Riv.— 7s^d, s.f., '85 2d, extended, 68, 1919 .. 102*1 Harlem- 1 at.Ts.coup... 3d, extended, ihs, 1923 1st., 78, reg., 1900 4th, extended, Ss, 1920. '1041a N.Y. Elev'd— let, 7s, 1906 6th, 7s, 1888 no's let, cons., gold, 7s, 1920 115 120 N.Y^.P.A O.— Pr.l'n, Bs, '93 118 N.Y.C.A N.— Gen.,6e,1910 let, cons.. Id. coup., 7s.. 114 Trust Co. receipts Reorg., l3t Uen, 6e, 1908 N.Y. A. N. Engl'd— let, 78 Long Doi3k b'nds, 7s, '93 '111 1st, 6s, 1905 Butra.Y.A E.— lst,191B •49' N.Y.C.ASt.L.-lst, 68,1921 N.Y.L.E.&W.-N"ew2d6 124!>i 1921 C.B.I.& P.-6S, cp., 1917. 68, reg., 1917 & non-lundable, 1888. Marietta A Cln.— 1st, 7s.. Del. L. & w.—Contin'd— Metropollfn Bl.— l8t,lU08 102 Bonds, 78, 1900 88 2d, ifs, 1899 1901 780f 1871, 35 .123 Mex. Cent.— 1st, 7s, 1911. l8t, consol., guar., 78115 Mich.Cent.— Cons.7s, 1902 12414 N.Y. Lack.A W.— 1 St, 63 102 98 Consol. 5s, 1902 1923 6s, Conatruction, 68, 1909 Del.* Hud. Canal— 1st, 78 114 112ia 100 Coupon, 5s, 1931 1st. ext., 78, 1891 100 1* 116 Registered, 5s, 1931 1894 Coupon, 78, 115 Jack.Lan.ASag.— 6s,'91. Begistered, 7s, 1894 1'25 130 Mllw. A No.— 1st, 68, 1910 1st, Pa.Div., op., 7s, 1917 125 130 lat, Bs, 1884.1913 Ist, Pa. Div., reg., 1917 llOiallB MU.L.8.AW.— Ist, 68,1921 Alb. <fe Susq.— Ist, 7s . 101=4 104 Minu.A St.L.-lst,78,1927 2d, 7s. 1885 Iowa Ext.— 1st, 7s, 1909 lst,cons., guar.7s,1906 120 2d, 73, 1891 Registered 116"a S'thw.Ext.- 1st, 78,1910 Ist, cons., gu.. 6s, 1906 115 Pac. Ext.— Ist, Bs, 1921. Registered65 13 Mo.K.A T.— Gen'l,Bs,1920 RenB. & Sar —Ist, cp.,7s General, 5a, 1920 1st, reg., 7s, 1921 ibi' Cons. 78, 1904-5-6 Denv.& Rio Gr.— 1st, 1900 81 42 Cons. 2d, income. 19111st, consol., 7s, 1910 H. A Cent. Mo.— Ist, '90 Den.So.Pk.A Pac— Ist, 78 Mobile A Ohio— New 68-. 104% Den.A RioG.West.-lst,B8 28 CoUater'l trust, 6s, 1892 Det.Mack. AMarq.— let, 68 Land grant, 3 1^^, 4s, Chic. Mil. Wil.C.&Bu.R. Consol. 48, 1910 68,1919 OMo>-68, 1886 South Carolina— 68, Act Mar. 23, 1869! 38 "a 43 30". 4 'J 35 C'mp'mise,3-4-5-68,1912 Virginia— 6s, old 6s, ntw, 180B 68, consol. bonds 68, ex-matured coupon. 6s, consol., 2d series Do Brown consoru 68, E.T.Va..SGa.— I8t,7s,lg00 lllia'. 54 Ist, cons., 5s, 1930... Denver Div.—48, 1922.. Plain bonds, J.&J., '92.8 Special tax, all classes.. — CRap. I. F.& N.— Ist, 68 1st, 59, 1921 & Phil.— Ist, Os Genera], 6s, 1924 Cim. 80.— Ist, int. guar. 5s Tenne.ssoe— Continued— 68, new series, 1914 . . Guaranteed SECURITIES. Ask. SECURITIES. Bid. New 103 100 dne 1889 or 1890.... 106 RAILROAD Railroad Bonds. iStock BoccTMnae 68, 11, 1884. N. Carolina— Continued- 67 56 LTOlslana— Ei-matnred coupon SECtTBITIES. Ask. Bid. oons.,1914 AsTl'm or Univ., due '92 ills' Funding, 1894-95 Hannibal & St. Jo., '86. 108 New York-63, reg., 1887 107 lis 6s, loan, 1891 115 68, loan, 1892 117 6s, loan, 1893 28 N. Cai"Olina— 68, old. J.&J. Funding act, 1866.1868 las. Memp.A L.Kock BR R.P.B.&N.O.RB 7«, 7«,r/. 78, Miss. O. -p I 7i>. XXXIX. [Vol. OF STATE AND RAILROAD BONDS, gUOTATIONS ^ STATE BONBS. • . . THE CHRONICLE. 44 78, L. — 1 •01 3818 43% Ohio Cent.— Income, 1920 Mln'l Div.— lnc.,78,1921 Ohio So.— 2d inc.. Ba, 1921 Ogdcns.A L.C.— Inc. 1020 PeoriaD.AEv.— Inc., 1920 Evansv.Div.— Inc., 1920 2l' Rome W. A Og.— Inc., 49 32 7 94 ig 95 94%' PeoriaAPek.Un.— Inc.,6s Roch.A Pittsb.— Inc.,1921 1900 FtW.A Chlc-lst 135% 73. 69, 1931 StL.AI.Mt.— lst,78,pr.l.a. St. L.A.A T. Div. bds- So.Car.Ry.— Int., 136 H.— SO " July , New York Inanranoe Stock Uat. by B. 8. Bailer, 7 Ptn* at.] CPrloea PKIOB. c) «re Par. Dot National. Aak. BIO. 46 PhlUdelphU and Baltimore. qootationa In Boston, Local SeonrlUeB. Llat. COMPANIES. MukeiMhns .. THE CHRONICLE. 13, 1884.] Bank 8tMk — . COMFANIB8. Ask. Bid. BBODRITIBB. Amar. Bxohuica... Browtway Butchers' Central A DroT's' Ohano Cbathnni.... Chemical 100 100 as SB lUO 100 25 100 City Commerce Continental Com Kxchange*.... East Klver Klevontli Ward" Utth ruth Avenue* First Fourth.... Fulton Oallatln Oarfleld German American*. Gemnin Kxchauge* Genniiiilji* Greenwich' Hanover <ft Traders' Irrinflr Leather Manul'rs'.. ManlLittau* Marine Market Merhnntcs' Media u-s'&Trads' 11 Mercantile Morffiants* Merchants' Excb... MotlojMtlls* Metropolitan Murray JIIU' Naiisaii* . Kew York Kvw York Comity . g. Y.Nat. ETch.... Inth North America*... north Uiver* Orlent-al' Paclftc* Fark People's* Pbenlx Frodnce* Bepnbllc 8t Nicholas* Seventh Ward Second Shoe A Leather Btat« ot 170 2000 m '49 Citizens' Imp. 160 123 220 135 110 180 New York Third Tradesmen's tJnlon TTnited States Wall street Woit Side* lOO 100 100 100 29 25 100 100 100 100 SO 60 100 76 100 100 26 100 100 60 100 60 100 100 25 25 100 60 60 100 100 100 50 100 100 100 100 70 30 26 60 100 26 20 60 100 100 100 I'^l Bowery lid" •ivd"' 140 ISO 25 25 Broa<lwBy Brooklyn CitUens' Mort., 6a, 1889 70 100 60 100 Commercial Continental Empire City RxchanKo 400 Farragnl Firemen's Firemen's Trust Franklin A Emp.. lis" 125 Qorman-Ameiican Qennanla 100 30 60 17 10 100 100 60 60 26 100 15 60 100 60 100 30 20 40 60 25 100 25 60 60 50 60 50 . . Globe Greenwich Guardian 115 175 Hamilton Hanover 155 100 160 Home ieo" Howard Irving 256 JelTorson 188 156 140 Long Kings C'nty (Bkn.). Knickerbocker Isl'd (B'klyn) Lorillard Manufac. 136 110 Mecli. 117 <fc & Build.. Traders' .. Mechanics' (Bklyn) Mercantile Merchants' Montank (Bklyn.).. NasHaii (Bklyn.) ... CO National N. Y. Etiultablo N. Y. Fire 130 IJO 100 IIU lid" 98 150 155 Sterling — Stuyvesant 135 65 115 145 140 65 65 128 210 90 110 75 110 85 200 85 100 80 25 25 100 20 25 25 25 10 50 'Tradesmen's United States Westchester WUllamsbnrg 115 2U0 i'io' 1100 - 400 105 230 60 110 135 135 50 25 60 _.>100 Standard Star 118 141) 60 60 Rutger's 100 75 70 110 207 120 105 165 100 160 108 140 115 05 56 50 115 75 125 120 1 240 250 83 100 115 85 80 115 225 10.5 50 i Pheulx iSi 1)0 jlOO People's US 125 125 ao 65 100 50 105 55 100 105 145 37Hi 85 35 150 ...1 Niagara North River RaclHo Park Peter Cooper I'JO 230 75 80 40 Eagle 15(1 CUiy. 1 112 65 105 110 150 P5 160 95 i;io 110 175 108 165 115 147 123 100 60 60 125 85 133 126 225 200 100 i36 100 110 100 40 50 150 100 60 100 Bonds Harlem Jersey City Boboken.. Manhattan MetroT>ohtan Bonds Hutnal (N. Y.) Bonds Kassan (Bklyn.) 25 2,000, 000 Var's 20 1.200.,000' Var's People's (Bklyn.) Bonds Bonds Bonds Fulton Mumclpal &A & J. '4,000,,000' Var's ,2,500,OOO F, & A. 700, 000 F. A A. 756, 000 J. I I Williamsburg Bonds 1,000,,000 1,000,,000 [3,000,.000 A.AO. M.&N. 100 750, 000 3,000, 000 300, 000 100 •2,000, 000 1,000 ... 100 100 1,000 Bonds Bqaitable '^69, 000iA..feO. il.S.W,,000 F. 100 3,500, 000' Quar. 1,000 1,500,,000:M.&N. 25 1,000,,000 Var's Vax's 700,.oooIm.&n. 100 !4,000,,000,M.&N. 10 11.000,,000 .1. & J. 4(10,,0Oo!m.&N. 1,000 Var'a 130,,000 J. & }. 60 1,000,,000 Quar. Scrip Metropolitan (Bklyn.) Knnlclpal 50 20 50 100 3,000 New York.. Date. Amonnt. Period 1,000 dk Var's Ask. Bid. * 1~ 5 May 1,'84 128 3 Jnlvl,'84| 92 SinS'g'P., '99 107 3 Feb. 1, 84 120 7ia'july 1, '81 155 5 1JUI16 2,'84 285 5 Apr.13,'84 235 190i 107 3 2 VJuIy, 1884 125 1902 104 3 2 Jnne2,'84 100 21a May 1.'84 89 5 iMayl,'84 132 Juuo2,'84 76 ._ 3 Sia'May 1,'84:106 3 Apr. 1, '84 97 2ia'Apr 2l'84lU6 1900 1106 3 3 July 1. '84 90 6 J'nel0,'84 203 1888 106 3h 3 J'ne 2, '84 133 107 1900 6 80 13 94 110 122 I 295" 239 ' 129 106 !0o P2 155 SO I (Quotations by H. L. Grant, Broker, 145 BroiMlway.l «00,000i J.<fc J. Bl'cker St.A Fult.F.— Stk 100 J-ly, '841 23 Iflt mort..., July,1900,l09 1,000 7()o,ooo: J. A J. Br'rtway A 7th Ay.— Sfk. 100 2,100,000 Q.— J. July, '84 l.'>8 l8t mort Jiine,1901 103 1,000 1,500,000 J. AD. Brooklyn City— Stock 10 2,000,000 tj.— F. May, '84 212 Ist mort 800,001)! J. A T. 1,000 Jan., 1E02 108 Bkl.vn. Crosstown— Stock 100 April, '84 1,'iO 200,000 A.AO. Ist raort. bonds 1,000 400,000 J. A J. 7 Jan., 1888 105 Bnshw'kA V. (Bkln)—Sfk 100 May, '84 160 500,000, <i.-F. 2 Central Crosstown— Stk. 100 600,000; Q.-J. I"! July, '84 145 1st mort 1,000 250,000 M.AN. 6 NOV..1922 110 CentPk.N.i E.Rlv.-Stk 100 1,800,000 Q.-J. 2 July, '841139 Consol. mort. bonds l,tX)0 1,200,000 J. AD. 7 Dec, 1902, 118 Obrist'ph'r&lOth St— Stk 100 650,000 F. A A. 2'a Feb., '84 130 Bonds Oct.. 1898 no 1,000 250,000 .4.AO. BryOk.E.B.A Bat'y—Stk May, '84; 195 100 1,200,000 Q—F. Ist raort., consol 600*0. 900,000 J. A D. 7 June, *03 114 Scrip 100 1,200,000 F.A A. 6 Feb., 1914 103 Blghtli Av.— Stock 100 1,000,000 Q.^I. 21) July, '84 265 Scrip 100 1,000,000 P A A. 6 Feb., 1914 105 42d A tirnd St.F'ry— Stk 100 748,000 M.AN. 6 May, '84 250 1st mort 1,000 236.000 A.AO. 7 P?lf, '93 112 Honst.W.St.iP.F'y-Stk May, '84 126 100 250.000 Q.— P. 2 Ist mort 500 500,000 J. A J. 7 July, '94 110 Second A v.—stock 100 1,802,000 J. A J. 6 July, '84 196 3d mort 1,000 April, '85.100'j 130,000 A.AO. 7 Consol 1,000 1,050.000 M.AN. 7 Mar, '88 105 Sixth Av.—Stock* scrip 100 1,300,000 M.AS. 10 Mcll., '84i320 Ist uiorc luly. '901 110 1,000 500,000 J. A J. 7 Third Av.—Stock 100 2,000,000 a-F. 4 May, •84 275 Ist mort Jan., •9o'ni 1,000 2,0(K),000 J. A J. 7 Iwentythlrd St.—Stock. 100 Feb., 84 108 600,000 F.A A. 4 1st mort 2r>o,ooo M.AN. 7 Way, '931110 1,000 110 100 125 110 93 207 108 i:i8 no 92 25 noia 163 103 216 60 88 97 "4 So. Pac—78 113 ._. A A 114 Atchison A Topoka 61 1 106 336 115 280 113 173 113 This colomn shows last dividend on lUxIa, bat date ot matortty on bonds Cons. 68,1896 IthacaAAth.— lst,gld.,7s Junction— 1st, 6s, 1882... 2d, 6s, 1900 Boston Boston Boston A A A — Providence Cheshire, tireferred A West Michigan.. Sandusky A Cleve. Concord Connecticut River Conn. A Passumpslc Connotton Valle.v Chic. Cinn. A Det. Lansing 62 184 105 Lowell. Maine 160 60 34 11 78 A Flint Pere Marquette. Preferred. f A Gulf A Sloui City. Kan. C. Sprlngf, A Mem, Little Rock A Ft. Smith. LouisiaiKi A Mo. River.. 107 19 «94 107 Hi li6Hi Perkiomen— 1 St, 6s,cp.'87 101 102 PhllAErie-2rt.7s,cp.,'88 cons., 63. 1920 Cons.. 5s, 1920 iSi" 139 9IH1 121 Pitts. Titus. Shen. Val.— Ist. 78, 1909 Qen'ies, 1921 Income, 6s, 1923 Income, 58, 1914 -a 19 >a Snnbury ... 130 69 9 Sunb. A iia7-. Krie— 1st, 7s. A W.— Ist, 5s 95 50 2d, Os, 1938 Syr.Gen.A Com.— 1st, 78. Union A Titusv.- 1st, 78. United N. J.— Cona.6s,'94 Cons. 6s, gold, lilOl... Cons. 6s, gold, 1908... Gen., 4s, old, 1923 t Warren A F.— Ist, 7s, '96 West Chester- Cons. 7s. W. Jersey— 1 st, 68, cp.,'96 Prefen'ed 11R<» 111 1899 Cons. (38, 1909 1st, 7s, fs Buffalo N.Y. A Phil. Preferred Camden A Atlantic Preferred 6b, p. B., 1896 Gen., 78, coup.. 12 l8t preferred 2d preferred Delaware A Bonnd Brook East Pennsylvania Etmira A Williamsport.. Preferred A Huutingd'n 60 30 61 62 Haven... Nesquehoning Valley Norfolk A West'n— Com. f5Ch. 50?, Preferred Northern Central North Penniiylvanla 52»8 A Lehigh Nav.—68,reg..'84. Mort. BR., reg., 1897 .. — 10 64 62 7« l-l'-i 108 Hi 11=% llHi A BAILR'D STOCKS. Par 62 70 Atlanta A Charlotte 100 176 179 Balllmore A Ohio 130 l8t pref 126 180 2d pref 9 9H» Parkersburg Br 50 66 50 Central Ohio— Com 50 Pref 12 » 14 60 Western Maryland — ' RAILROAD BONDS. Atlanta A Charl.— 1st A Aug.— Ist.. Cln. Waah. A Bait.— lata. Charl. Col. Atlantic. A Bell's Gap— 1st, 78, 1898. l8t,68, 1905 Consol.. 68, 1913 Bnfr. N.Y.A Phil.— l8t,6s 2d, 78, 190.S 101>9 103 96 H, ColumblaA Greenv.— lata Plttob.ACon'ells.-7sJAJ 110>i Union BR.- l8t,gua.JAJ 112 Canton endorsed 102 >a 102 Hi Virginia 117 Cons. 68,1921 l8t. Tr. 68, 1922 Ex-diTldend 109 97 H» 63 27 • 95 63 2d8 No.Central—6«. '86, J.AJ. 100 100 H> 68,1800, A.AO 68,cold.l0O0, J.AJ.... II4I3 100 >s loa 6b, Series A 99 Hi 68, Series B 'i'dii Allegh. Val.— 7 3-lOs, '96 7s, K. ext., 1910 3d, 68, 1887 86 109% 1 61 37 93 2d8 Sds 40<!i Inc. 7s. end., coup., '94 Pltt.tb.— l8t,68 l8t.68, reg.,1008 BelTld'e Del.— Ist,68,1902 Sd, 68, 1886 ion 73 Inc .-STOCKH. RAILROAD BONDS. 8» BALTIMORE. 2d . lOS Balt.AOhio—6s..'85.A.AO Cen. Ohio.—68, l»t,M.AS. 108 — Schiivlkill Nav., pref... 90 Schuylk. Nav.— lst,6s,rg. 2d, 68, reg., 1907 63 >a Phihuloipbia A Erie Phlla. Ger. A Noriislown 1901 A Del.— l8t, 68,1886 Cons., 7s, reg., 1911 Preferred Pennsylvania Ches. Greenw'd Tr., 7s, reg... Morris— Boat Loan rg.,'85 Pennsylv.—68, cp., 1 9 10. Preferred Little Sehuylklll A 108 Hi CANAL BONDS. 62 130 Broad Top Lehigh Valley A A 112 W.JerseyAAU.— lst.68,C. Western Penn.— 6s, coup. 104 Hi Catawisaa • 78, cp.oif, Jan.,'85 A B.—7s,cp. 75 ShamokiuV. A Potts.— 7s 9"B PHILADELPHIA. Ashtab. "so" Conv.,7», K. C.,1893..* RAILROAD STOCKS, Allegheny Valloy Ashtabula A Pittsburg.. CANAL 751s 45 ser.,c., 1933 Conv. .\iy. Scrip, '85-88 Debenture coup., 1893J Scrip, 1882 Conv. Preferred & 118^ 110 Cons. 3s, 2d 14Hi Wiscon.sin Central Miiiehlll 117Hi 117Hi Phll.WU.A Bait.—ta.tr.ct Pltts.Cin.AStL.— 78, reg Vermont Gap — Cons., 78, coup., 1911 .. Cons., 88, g., 1.R.C.1911 Imp., 6s, g., coup., 1897 Gen., 6s, g., coup., 1908 Gen., 78, conp.. 1908 ... Income, 7s. conp., 1896 Cons. 58, latser.,0.,1922 16 Tol. Cinn. Bell's A N.Y.— Ist Phlla. Newt. Phil. R.— 1st, 68,1910.. 2d, 78, coup., 1893 Cons., 78, reg., 1911 Preferred A Lynn A St. Louis & Mass Woi-cesler A Nashua 116 C—78, 1896. A N. Y. 7,1900 Pa. Maine Central Manchester A Lawrence. Marq. Uought'n A Onton. Revere Beach 103 CJons., 68, coup., 1905... Cons., 5a, reg., 1919 67 is'ii 68.. 68, coup. 122>s Preferrotl N. Y. A New Kngland ... Northern of N. Hampah. Norwich A Worcester... Old Colony Portland «.ico A Portsm. Rutland— Pref elTed Creek— Ist, , Fort Scott Iowa Falls 126 68, reg... CityAChrc— let, A Ko., pref. Eastern, Mass Rtohburg ioOHi PennsylT.—Gen., 6s, reg. Gen 68, cp., 1910 Cons, 6s, reg., 1905 160 10 101 163 121 134 120 Norfolk A West.—tien.,68 N. R. Div.,l8t, 68.1932 Oil Oil ^el BcstonA Albany Lehigh Navigation Pennsylvania n2Hi H.AB.T.— lBt,78,g.,1890 98 STOCKH. 135 116 205 llOSl 104 .'05 lOl"!! Rarrlab'g- l8t,8s, 1883. Cons. 68, C.A R., 1923.. N. O. Pac— 1st, 6s, 19'20. No. Penn.— lat, 68,cp.,^83 85 i'04>a perpetual I,eli.V.— l8t,68,C.AR.,'98 2d, 78, reg., 1910 1st West Jersey West Jersey 110 265 117 140 6s, Debenture Ark. Val.— 7s.. Rntland— 6s, Sonora— 78 137 ElAWmsp't^J8t,68, 1910 Gen., 7s, 1903 Poeblo 190 EastonAAmb'y—6b, 1920 2d, 7s. cp. 1896 68 — 7b, 1901 Income Old Colony—78 141 119>9 •285 A coup Ogdeu.'ib.A li.Ch.—Con.6s H2>s 160 112 IBS 135 reg. V.— 1st, Onnect'g Os, cp., 100004 Cor.CowanA Ant.,deb. 6s, Delaware— Os, rg.A cp, V. /Del A Bonnd Br — l»t,7s 125 (East Penn.— Ist, 78, 1838 61 England— 68. Phlla. Newtown N.Y.. Phlla. Reading Phlla. Trenton Phlla. Wilm. Bait Plttsb. Cin.A St. L.—Com. Unlteil N. J. Companies. West Chester Cons. pref. no 1 * — Freferreil GAS COMPANIES. Citizens' Oas-L. (Bklyn). Now 7s, Nashua A Lowe* Uaa and City Railroad Stock* and Bonds. [Gas Qnotations by Gso. H. Pkestiss & Co., Brokers, 11 Wall Street.] Brooklyn Gas- Light Chat. M., 10s, 1888 Chart'ni . N. Mexico 106 Cona.,ep.o Cam. A Burl. Co. -6s, "97. Catawlaao— l8t, 7s, con. o. Nebraska, Os. .Exempt Ill Nebraska, es.Non.ex'pt 102 Hi'..-. 84 Nebraska, 4s Conn. A Passumpslc— 78, Connolton Valley— Os 13 es Eaal'm, Mass. — 6s, new.. 108 109 113 Fort Scott A GulJ-7«. K. City I,awr. A 80^-68.. 104 K. City St. Jo. A C. B.— 78 113 114 Uttle K. A Ft. S.— 78, 1st 00 K. City spd A Mem.— 68 89 31 Jlhi Mexican (."cutral—78 Income A<k 2d, 68, 1904 . Scrip N. y. A N. 7« A Atl,— l8l,78,g.,'93 Cam. 13 , 113 153 175 170 160 146 116 80 City Clinton I.-..'. ltl6 17 150 .0.5 146 105 140 50 American Amer. Kxchange... 100 Bid. W.—Oen.,fl8 Cam. A Amboy—68, c.,'89 Rnir.Pltta.A ., Amnioa' SBCURITISS. Aak, Bid. BOHTON. Atch. A Topeka— 1st, 7S. 118 lift T,and grant, 7b 80 Atlantic A Pacmc—6* ... IS Incoinc Boston A Mntno— 7a. Boston A Albany—7» Ss Boston A I,owell—7s 6s Boston A ProTldonoo—7» H2>t Burl. A Mo.— Ld. gr., 78 88 118 92 >• 99 lis A J. ioi" J 2d, guar., J. 2d, gnar.byW.Co.,J.AJ. J 6s, 3d, gnar.. J. Wilm. C. A Aug.—6s i08~ W.Md.—68, Ist, «., J. * A Wil. tParahan, A Tenn.— 6s 119V « A Wemon—Gold. "s. In dataolk } £x.ilshM, 110 lost* . . . . — 4 . .. THE CHRONICLE. 46 fVoi.. — raUroad earnings and the totals from Jan. 1 to given below. The statement includes the gross obtained. samings of all raUroads from which returns can be furThe colnmns under the heading " January 1 to latest date" to, and including, January 1 from earnings gross nish the the period mentioned in the second column. latest latest date are LaletfEamingt Reported. lSocid4. Wee/cor 3io ism. 1883. . Jan. 1 Average Banks. Specie. New York Manhattan Co Merchants' — MecJianlcs' Union America Phenix 1883. 1 . . W City Tradesmen's Fniton Chemical Merchauts' Exch, Gallatin National. Batchers' & Drov., Mechanics' & Tr... Greenwicli Leather Manuf'rs. 1.958,100 2,028.900 409,000 4,431,300 210,500 431,500 6.439,000 271.700 1,479,1100 State of N. Y Amerlc'u Exoh'ge. Commerce Broadway Mercantile Paciflc Republic Chatham Peoples' 578,100 416.100 104,000 107,200 284,400 185,900 i,i;bo,ooo 810.000 110!),200 3.1H4,;fOO 1,1.10,400 Seventh Ward North America 4.G.'i5,500 1..-,81,600 l,048,f.00 4.127,000 1,313,000 17,731,600 8. 197.900 5,604,800 2,252,600 4,120.700 3.643,800 1,,,31,400 1,640,000 4,803.700 l,lh6,900 1 l,li;,,900 448,400 334,800 4'29,60O 82.000 213.200 Hanover 2,8.o9,3oO 7.H5.<,600 2, '^03 .400 Irviui? 2770,200 305,1.00 Metropolitan 3,90<,0I)0 2,2'27,H00 2.'228,200 64,000 683,600 44,700 215.700 210,300 477,000 727,600 ... Citizens' Nassau Market St. . . . 2,724,200 Nicholas 1,908,; Shoe & Leather Corn Exchange . . Continental Oriental Importers' A; Trad. 00 2,611.000 4,8J7,eu0 4,100.000 1,842,700 . 11.733,000 1.441,600 Cential National.. Second National.. Ninth National... First National 0,Si38.000 l.fi34,000 1.082.700 12,011,000 1.385,000 4,500.000 1.378,800 1,825,000 Bowery rmaii-.Vuieric'n, 1.8il7,300 2,.iI7,200 Chase National... 2923,400 N. Y. County Fifth 630,100 2,588,100 447,200 116,300 286,400 138,800 322,800 840,200 645,700 128,000 92,200 374,000 210,800 75,600 .i. 031, '200 12,1141,600 Third National ... N. y. Sat. Exch,. (1 1,088,300 91,800 5,236,700 2,523,600 116,500 20,000 118,900 2.422,000 677,000 558,000 l,-,.i21.i00 Paik Wall Street North River East Kiver Fourth National.. Avenue 2,333,800 1.-31,300 1,883,400 u rmau Exch'uge, Germaula United States Lincoln .3,311,900 1,275,800 929.100 Garlleld Filth National.... 122,4' 1.0 53,600 other than V. S. Circulation. $ 1.3B4.000 3,017.000 1,340,500 IS 542,200 2,785,600 5,112,600 of Net Deposits i 9.314,000 460,000 9,031.000 7,837,700 6,922,000 18O.i-00 4,189,500 9.179,000 1,100 729.8OOI 1,960,000 263,800 183,500 41S.00O 9,895,300 1,565,300 137,300 797,900 1,422.200 128,800 491,300 17,160,300 2,186,600 292,500 333,900 021.000 3,357,900 463,900 1,603,400 241,300 98.000 46,000 114,000 830,000 982,800 2,600 186,6001 293,'200 2,338,900 626,000 1,106,300 11,100 146,400 4,751,400 299.400 2,282,000 12,394,000 l,i'44,300 15,531,900 956,900 B»4,600 5,450,400 487,600 404,000 369.700 5,747,900 2,539,700 109,700 3.195,600 211,600 246,800 3,459,200 46,000 145,700 lSl,,iOO l.TOO.OOO 3,400 378,800 2,9,-i7,!00 8,-)64,500 626,500 643,800 2,46H,000 400,000 313, 00 261,000 1,176,000 1,306,000 2,788,600 266,400 339, 00 288,100 2,371,400 307,H0o 2,181,100 439,300 255,200 1,760,900 2,560,000 443,500 84,000 3,1199,000 311,000 62,id6 5,121,700 618,300 454,000 1,819,000 1,494,3011 19,043,700 1,329,100 1,88'2.'200 48,000 17,300.700 1,157,700 119,500 143,000: 1,617,000 224,000 132.'200 833,500 360,000 827,800 12,184,000 297,000 1,362,000 7,248,000 46,000 1,939.000 243,000 597,200 4,363,101' 316,400 440,900 678,900 12,864,400 4.528.000 817,800 270,000 1,073,100 182,700 222,000 199,200 1,791,900 180,000 463,900 2,308,700 2,223,900 100,100 45',0dd 318.800 3,916,000 149,9.10 2,509,600 304,000 2,249,900 2,122,500 140,200 449,900 118,200 2,748,900 44,700 1,424,500 178,800 178,800 863,900 170,200 138,000 105.500 1,040,900 1,200,000 848,000 998,000 641.000 9,564.000 7,458,000 7,465,100 7.770,000 9,862.500 2.300,000 7,129,400 2.989,000 — Amount Legal Tenders. $ to Latest Date. 1884. Loans and Discounts. * 408.434 439.796 78.359 S8.M4 1,343,362 1,314,913 6,'<92,T86 6, 07,909 1,280,868 1,278.745 60,782 56,228 Bur.Ced.R.&No. 4t;i wkj'nc Ganadiau Pacilic IstwkJuly 117,000 131,000 2,311,712 2,357,502 577,825 666.986 93,535 101,943 Central Inwa ... June 1.7Si).0iiU 2,1-29,226 10,476,000 11,545.125 Central Pacltlc. June 1,796.8.'>9 258 800 323.845 1,708.2 17 Cbeeap. & Ohio June 316.627 324,391 57.800 56.022 EUz.Lcx.&li.S. June Chicago & Alton tst wtJuly 151,475 l.')0,735 4,011,036 3,9.'i6,314 1,981.127 2,009.872 9,538.839 9,467,'287 Chic. Burl. & Q. MHy. 787,307 31,567 31,156 698,400 Chlc.& East. 111. IthwkJ'ne 483,173 521,636 60.057 59.603 CUc.&Gr.Tnink Wk Mar 8 11,114,426 ailc.MU.&St.P. 1st wkJul.v 416.000 425,488 10.844.000 400.600 456.600 10,971,199 11,345,515 Chic. & Nortliw. IstwkJuly 81.100 2,748,544 2,445,005 94.200 Ch.8t.P.Mlii.&0. IstwkJuly 754,741 3H,1R8 41,168 764,031 Chic. A W. Midi. 4thwkJ'nn 197.313 199.929 1,110,153 1,158.132 Cln.Ind.St.L.&C. Juue .. 948,646 21i),147 108,208 1.004,823 Cln. N. O. * T. P. May... 865,837 44,405 793.578 34,079 Oin.Wash.&Iialt. 4th wkJ'ne 2.50.431 225.604 13.128 15,071 Clev.Akrciii&i ol itliwkJ'n 1,642,142 339.836 1,457.525 2',M,«24 Clev.Col.C.& Tnd M;iy 5t 8.7.' 626.018 2,4,50.715 2,692,426 Denver & Rio Gr Ma.v 130,542 5,90i 149,961 6,074 Dee Mo. <fe Ft. D 3d wk J'ue 6il5,136 642,681 25,703 28,062 Det.Luus'pA No. 3d wk J'ue 2S0 502. 20.628 15,342 419,224 Dub.A-SiouxCity 4ihwkJ'ne 27!),159 283.345 1,307,142 1,337.029 May Eastern 60.611 60,435 1,604.512 1,590,828 E.Teuu.Va.<feGa. Istwk J'ue 338.238 15.000 327,646 15.784 EransT. <S; T. H 4tliwkJ'ue 50,377 57,750 1,211,495 1,262,002 Flint & P. Marq. 4th wkl'ne 44 1 .022 19273 17,202 518,791 Flor.R'wav .St N. 4th wkJ'ue 163,700 31.1U0 216.500 24,100 Ft. Worth & Den. 3 wks J'ne WkJ'ne 28 338,753 373,092 7,968.503 9,032,379 Qrand Trunk 191,021 6,898 9 349 170,841 Gr.BavW.iSt.P. 4th WkJ'ne 836,700 127,784 139,156 797.6:8 Gulf Col. iSaiiFe June 19.356 24,884 HOUS.E.& W.Tex April 173,400 176,1155 14,807.613 4,9B9,667 ftlll.Ceut. (HI.) 4thwki'ne 79'2,926 930,527 29,100 37,688 Do (Iowa) 4!h wkJ'ue 1M7,013 217,574 1,'22 1.621 1,387,514 Jane Ind. Blooni.ai 38,915 835,060 27,712 1,097,583 K.C. Ft.8.& Gulf :id wk J'ne 511, P49 22.639 Kan. C. 8p i M 3d wk J'n*69,93f 2li',7¥8 56.934 239.810 Kentucky Cent'l Miril 15,603 22.827 Lake Erie & u' istwkMay 242.934 33,00 225,405 L.Ek.iFt.8mitb Juno 30,750 L.Rk.M.Rlv.&T June 23.500 l;-> 4,330 185.287 23,100 IstwVJuly 111,855 106,549 l,-.3-i,91(' 1,199.361 Long Islaud 59.84'2 158,842 I..3.4.'9 Lb. & Mo. River March 62,911 LouiBV.&Nasliv. Juue 1,040,685 1,090,706 6,^64.571 6,375.3'(3 225,652 Mar.Housfh.&O 3d wk J'ue 37,504 20,833 ; 01,205 81,312 541,907 56,589 627.663 Uemi>h.& Chart 3 wks Juue Mexican Ont.c May 265.345 158,200 1,1 28,82'. 828,307 Mex.Nat.,NoDrf ".st WkJ'ne 12.900 219.601 Southern Div Istwk J'ue 1.1.250 353,94 .16 4,222 Other liuea e.. 1st WkJ'ue 3,525 Milwaukee A Nil J.ine 255,42i 229,690 45,088 44,175 MU.L.aii.&We8t IstwkJuly 545.770 19,875 18,3,50 494,163 Minn. A St.Loul- Ai.ril 158.940 135.868 496,026 532,877 HlBBouri Pac.f. June 2,653,271 2.577.070 Wal)..St.l..&P. 3il wk J'ne 277,0001 269,000 Mobile & Ohio Juue 130,243; 123.727 972.155 963,146 Kaah. Ch.& St.L. .Mav 190.751 171,079 983,224 931,329 K.O.ifc Northeast May 28,408 31.322 8,968 161,31 273.702 303,035 1,307,968 1,358.629 N Y. & New En>; Mav H.Y.L.Erie&W.r/ May 1,30<,545 1,660,174 6,389.903 7.714.102 N. Y. Hii. & O Mav 451,205 582,080 2,223,.588 2,448,636 B.Y.Susii.ikWest May 86,781 87,054 368,958 377,343 Korfolk & Wear .JSdysJ'ue 142,403 l,i5,397 1,205,036 1,161,222 ShenaudoahV SdysJ'oe 40,073 51,593 334,237 337,844 Northern Ceutr'l May 477,84,S 499.133 2.203,620 2,41)8.4.50 Northern Pacille IstwkJuly 220,580 188.700 6,158,82p 3,719,760 Ohio Ceutral 2d wk J'ne 25,652 19.929 477,984 442.188 73,,i80 Ohlo&Misa st wk J'ne 88,091 1,744,587 1,799,661 Oregon Inin. Co May 312.680 361,019 1.382,360 1,465,787 Oregon R.&N.Co Way 43,1,144 439.001 1,780.724 1,907,970 Pennsylvania .May 4.267,l7.i 4,303,006 19,427.075 20.195.708 Peoria l)ec.AEv llh WkJ'ne 14,245 13,139 363,284 333,989 Phils. A Erie May. 296.353 363,359 1.324,444 1,598,463 Phlla. A ReadV .May. l,H84,7.-)7 1,696,87 7,961,412 8,155,371 Do Cent.N.J. May. 943,185 4,108,489 Do C. & Iron May. 1.882,219 1,39.5.053 5,970.562 5,623,076 Biclmi'd & Danv. June 251,819 £58,691 1,825,102 1,764,806 Ch.Col.A Auk- June 38,299 44,09 357,->99 393.7:9 ColunlUiaAGr.lJiiue 2«.148 31,7.55 298,885 366.845 Va. Midland 137.3>i2 1 7.765 604,271 605.3SI West. No. Car. Juno 29.ii2» 23, .til 190 934 146,3ti4 Eoch. A Hitt.-ib'g IstwkJuly 22.B94,335 540,700 224.544 Borne Wat.&OK. Mav 137.351' 125,815 599.083 592,871 Bt-Johnsii.AL.O. March. 19.457 18,147 50.163 49.487 Bt.L.AltoiiAT.H. 3d wk J'ne 21,219 21,6s8 652.749 663.294 Do (brchs.) Uh wkJ'ne 15..390 17,685 378,591 393,348 St. Louis <& Cairo •2d wk Aor 5,606 6,811 71,349 94,302 4tli wk.I'ue Bt L. Ft. 8. & 10.259 5,9 a 223.452 89.58 i Bt.L A Ban Fran. Istwk.luly 73.100 55.300 2,192,0H6 1,752,272 Bt.PaulA liul'th IstwkJuly •i7,538 30,650 523.272 544,74S 8t.P.Mlu.A Man. June 763.83S 3,6.57,518 3,912,542 682.3.30 Bouth Carolina May.., 74,660 75,089 521,564 570,012 Bo.Pac Cal ,N D. March, 9.5,58 79,769 247,977 238,803 Do So. Div. h March, 249,25 414,13 827,12 994,095 Do Arizona a1 March 142,502 24,'.,923 460,732 587,706 Do N. Mex. A March 54,162 79,635 163,748 185,55 Tex.& 8r. Louis i 3d WK J'ue 18,p57 341,985 Union Paoiflo... April 2,12H,»o 2,363.277 7,l>'8,i54 8,345,113 Utah Central. .. May 85,2611 •'7,671 388,434 494,650 VlokBirixAMer. .May 31,157 32,510 1924(10 201,876 VIcksbS'i APac. May S.H85 2.6.)8 49,063 31.582 West Jersey Ma.v. 102.969 92,413 415,133 369.161 Wisconsin Cenfli3d wk J'ne 23.148 26,285 682,872 636.17 I o Includes Southern Kansas Une» in both years, b Includes Southern Mvisioii. cInoludtuK boih divisions. d Corpus CUristi to Saltiilo 397 uillis; up to May eniliraced only 2(6 miles. La edo to Salfillo "'' "'il''s now. but prior 10 May leiireseuted 297 miles 5,S,°y /Whol«'8oiitli western system. / Not Includinx eaminas of New N nrk Penn. A. Ohio roa<l. A Included in Ceutral Pacltlc earnlnKS above -""v". Embracing Unea iuMlssoml, Arkansas aud Texas Ala.Gt.8outhern May a Atoh. T.& S.Fe .May XIXIX. Now York City Banks. The following statement shows the condition of the Associated Banks of New York City for the week ending at the commencement of business July 5: RAILROAD EARNINGS. The . 1 , 21)2,808,900,60,851,800 28,027,000 290,304,000 114,437,600 Total The following are totals for several weeks Deposits. Upecie. past: Oirculation Agg. CUar'ga J'ne21 293,052,700 51,34«,600 28,848.000 2«0,698,100 14,399.400 332.941,144 " 28 293,4511.501) .'.5,817,900 28.843.300 286,158,3110' 14.384.600 607.085,639 Jnly 51292,608,900 80.8,'>1,800 2^.027.000 290.304,000 14,437,880 662,672,882 . Boston Banks. — Following are tlie totals of the Boston banks: Deposits.' Circulation Agg. Clear'tt Specie. $ J'ne23 138.539,300 " 30 138,159.300 July 7 133,562,900 3,909,500 3,693,900 3,832,000 9,715,000 6,773,'iOO 6,807,000 Philadelphia Bauka.- -The 88,876,400 23,332.700 59,232,042 84,324.400 23.418,000 69,987,282 88,223,900 23,494.5001 64,227,444 totals of the PhOadelphia banks are as follows: Loan* ; Lawful Money. Deposits.* Oircxitntion. Agg. CUar'gs . . . . 18,287,842 68,120,091 74,373,014 " 18,291,689 64,436,411 30.. 73,525,885 17,980,136 64.403,374 July 7.. 73,123,991 * Including the item " due to other banks." June 23.. Unlisted Securities. week —Following are W . . Bid. Securities. . , Blocks, 3-) p, c Ask. Boat, H, T.& West.-St'ck Debentures Peusacola 103 i* '8 .'^ B'klyu Elevated— -Vss'^pd CalHoniia Paciflc ad ni. (luar.byOi u. Pac. Chicago & Can. So-Si'ck niort Chicago w. & * Bait.— l8t inc Tel. . Co.—.Sfk I'll 96 IVl 10 8'fl Prel ... Continental Const.Imp.Co 23 Rio Giaudo— Cons 33 Denv.JiK 10 Ss Ben. B. Q. A W., l«t M., Guar, by D. A,R. O Geor»iia Pac— Ist mort.,63 Keely Motor Lebauun springs— 1st M. Malionlng Coal & RR Mexican Houds- 3 p c... Wooilhous Mo. Paciflc— Old stock.... Cowdrv Holmes ctfa Ask. 85 18 1 73>s It'll 15% 2 13 11 Graud Trunk. commercial Bid. 46 22 4434 Securities. 46 5 A E.— New stock Old Bost. H. Cln. a latest quotations for Mich. Ji (J., siib full paid. N. Y. M. Un. TBi.-Stock. "ii" 3 N. y. W. Sh. A B.— StocK. N.Y. renn.&0.-'2d, inc.. 10 3 ,3d mort s Atl. & 0. W., com North. Pac— Div. bonds.. 71 Nonh Riv. Cons.— 100 p.o 10 Ohio Cent.— Riv. Div., Ist 14 83 81 Acciiinul. land grant Am. Hank .Note Co Am. Safe Dep. per. doti.btls Irtt $ 49,996,041 43,328,219 51,512,793 past: .My I $ 8,439,721 8,416,013 8,259,933 25 80 T< 5 '4S1 14 ^*, 3 3 4 1st A Atl.— Stock. mort Postal Telegraph— Stock. 108 i\ latmoit.,6s 20 People's Telephone Port llovaKfe Aug.— Istm 13 Rutland Railroad. Pr-f Sel. R. A D.— Ist, stpd '82 2d mort., sla iped 1880. 2d morl., 'stamped IbS.. 22 St. Joseph * Western St. Jo. & Pac, lat mort. 2dnio.t 821, Kans. A Neb., 1st mort. 16 2il mcrJ 11 Texas Paclll'i— Old scr p. 10 New scrip 15 Tex. 8t.L.,M.&A.div.,»3.p M.& A. IJlv., Ist mort.. 21 U.S. Electric Light 1 Vicks.Shreve.A Pac ,Vicl,8bnnr* Meridian... 6 iWiscousln Central Prer < 60 4 'a 5'8 38 "s V.> 10 »4 'l^i 80 5 2 18 21 u 1 •4 s 7'a 27 63 25 34 341, 1 16 92 34 >a . 26 60 2 2 84 11 11 ... — July 13, THE (^HRONICLR 1884.] 47 enjoined from issuing and distributing the |900,000 of bonds Juucstmcixts as aforesaid. — & St. Paul, The Chicago Milwaukee Paul Railroad extension from Cedar Rapiiis to Ottumwa (ninety miles), on which the last rail was laid June 2H, now runs regular through trains to Milwaukee and other points in WisOfficers of the St. Paul, Omaha, Norttiwcstem and consin. Wisconsin Central roads are trying to restore rates on the line to Chippewa Falls and Eau Claire, on wiiich war has been waged for two months with rates down to five cents per one hundred pounds. Cleveland Colunibns Cincinnati & Indlanapoliit.— The following statement for the quarter ending March 81 is pubChicago Mlln'aiikoe & St. RAILROAD INTELLIOEIVCE. The In VBSTORa' SuppiiBMBur ooiUains a complete exhibit of the Debt of States and Cities anil of the Stocks and Bonds of Railroads and other Companies. It is published on the last Satiirdai/ of every other month—^2., February, April, Funded June, August, October and December, andis furnished joilhout extra charge to all regular subscribers of the Chboniclb, Bxtra copies are sold to subscribers of the Ohornioi,b at 50 eenta each, and to others than subscribers at f 1 per copy. GENtRAU INVESTMENT NEW lished in London: 1884. EamlngH Expenacs Atchison Topeka & Santa Fe and Southern Kansas.—The earnings and expenses of tliese roads for May, and for the ftre months from January 1, in 1883 and 1884, are as below: May. , . % . . , Net earnings Cbarges .Suri'Iimor /—5 mos. Jan. 1 to •/Mnel-, 1883. $1,01)0.736 $806,900 696,556 708,219 292517 $200,344 201,811 155,812 der.$I,467 deficit enr. $136,705 1584. 2,329 $1,343, 3<52 6r088 eanilnK'a 760,672 Op. exp'H (ex. of tax.) 1983. 2,219 $1,314,912 551,9^8 18^4. 2,309 $0,392,786 3,309,341 2.219 $6,107,908 3,089,366 The expenses were 77'66 per cent of gross earnings this year and 70-76 per cent last year. The amounts expended for additions to property were $06,170 this year and $86,349 last year, making a total balance against income of $67,637 this $582,690 $762,924 $3,083,444 $:J.018.5«2 year. Miles of road nperivt'd. Net cariiliiRS 1(.83. — California Southern. At a meeting of the stockholders of Denver & Rio Grande.— A dispatch from Denver states that the California Southern Railroad, held in Boston July 10, it W. S. Jackson, of the El Paso Bank, has been appointed by was aimounced that ^12<5,400 had been sufecribed towards Judge Hallett receiver of the Denver & Rio Grande Railway the fa.lOjOOO needed to complete the repairs of the road. Company. This appointment was regarded in Wall .Street as Eighteen additional signatures to the subscription list were a defeat of the present management, which desired President obtained at the meeting, and the present committee will solicit Lovejoy's apiwintment. Mr. Jackson is said to be an imparfurther contributions. tial man, and the relations between the Denver & Rio Grande Central Pacific. The annual election for directors was £ind the Denver & Rio Grande Western will probably be deterheld in San Francisco July 8, when 430,000 shares were voted mined now by the orders of the Court. This company's statement for May and for five months out of a total of 590,000. The old board, comprising Leland Stanford, C. P. Huntington, Charles Crocker, C. F. Crocker, ending May 81 is follows '— May. Jayi. \ to June ^ Timothy Hopkins and W. V. Huntington, was re-elected. 1884. 1883. 1884. 1883. C. P. Huntington, Vice-President of the Central Pacific Earnings $568,754 $626,018 $2,450,715 $2,692,426 — — — : . . — Railroad, said: "In my opinion it is for the best interests of the stockholders of the Central Pacific that no dividend shall be declared at this time, and I have so suggested to my associate directors in the California office. The last half-year's business has been light on account of unprecedented floods." It would be far better if more railroad managers had the courage to pass dividends when they had not been fully and fairly earned; and if they would accompany such action by a frank statement of the income and expenses, the passing of one or two dividends would not seriously damage a really Taluable stock. Whatever may have been said of Mr. Huntington as a railroad monopolist and autocrat, the worst bears have never charged him with speculating in his own stocks or bonds, or doing anything to depreciate them. Expenses Net earnings.. . 422,664 403,559 2,075,187 1,752,705 $146,090 $217,459 $375,528 $939,721 East Tennessee Virginia & Georgia.- The gross and net eamings for eleven months from July 1, in 1882-83 and 1883-84, have been as follows: -Gross. 1883-84. July 1 to Dec. 31.. . January February Marob April , May 18S2-S3. $2,308,9-5 $1,941,464 317.988 323,241 320,392 312,522 331,109 339,151 291," 19 272,322 295,461 283,157 Total 11 months.. $3,865,451 $3,471,857 -Net.- 1883-84. ^1,072,063 1882-83. 77,937 114,795 148,231 98,171 99,761 $755,545 78.818 90,344 154,411 88,518 101,722 $1,610,958 .$1,269,358 — Fargo Southern.— The last rail on this road was laid July 1, Chicago Bnrlington & Quincy. The earnings of this company's lines for May and the five months to May 31, were as completing the line from Fargo, Dak., southward up the Red River Valley to Ortonville, Minn., where connection is made follows: with the Hastings & Dakota Division of the Chicago Milwau^5 mos. Jan. 1 to June 1 May. 1884. 1883. 1884. 1883. kee & St. Paul. The length of the road from Fargo to Orton$9.467,2S7 ville is Orosa carulQgs $1.9''1,127 $2,009,872 $9,538,839 120 miles, a little over half of it on the Dakota side of the Expenses 1,1.78,498 1,128.116 .'5,392.610 5,030.428 — , . : The new road is understood to be independent, but it furMilwaukee & St. Paul with a very convenient connection for Dakota business and probably most of its east- & ern business will be done over the St. Paul road. It runs nearly due north and south through a very good country, and may expect a considerable local traffic, although it will meet with competition at a number of points where it crosses the east and west lines. A large part of the capital has been furnished by parties who are stockholders in the Milwaukee & St. Paul, but it is claimed that there is no official connection between the line. $822,629 $S81,756 $1,146,229 *4,436,'i59 Chicago k Eastern Illinois. The Chicago Tribune says " The foreclosure case of Fosdickand Fish against the Chicago Danville Vincennes Railroad Company, which has been in the Federal courts for nearly ten years, was closed up by a final decree entered before Judge Blodgett, which disposes of all the questions involved, in accordance with the decision of the Supreme Court of the United States. The Court finds agamst all the defendants except the Chicago Extern Illinois Railroad Company, which latter road gets a decree on its cross bill establishing its title to the road it has bought. The Chicago Eastern Illinois is held to have a perfect title under the foreclosure sale and subsequent conveyances to the Illinois division of the Chicago Danville Vincennes Railroad Company, free and clear of any liens against the latter road. The ijetition of the National City Bank of Ottawa, holder of certain mortgage bonds, for leave to intervene, was dismissed." The new bonds, $6,000,000 consolidated 6s, are printed. Of these $4,500,000 are set aside in trust to redeem outstanding issues. The remaining |1,.500, 000 will be sold, and the proceeds used to retire the equipment notes and other floating debt to the amount of about $1,000,000. The corrected earnings of tlie road for 10 months of the fiscal year to April 30 were: 188H-84. 18S2-S3. Defrensfl. Grossearnliigs $1,324,431 $1,1-6.308 $161,874 Expenses 8i-6,742 J...^ 694,725 112,017 Net earnings... — & & & Net $ii79,506 $029,709 $19,857 in ecjuity was filed by C. C. Merryman, W. H. Stevens, the People's Bank of Wheeling, W. Va,, W. H. Moore and W. L. Duncan, judgment creditors of the Chicago Danville Vincennes Company, to the amount of nearlv $150,000, claiming that as they were not parties to the foreclosure suit, they have a right to bring this, and alleging that the olticers of the Chicago Danville Vincennes made no resistance to the foreclosure because there was a fraudulent collusion between them and the Chicago Eastern Illinois, by which the latter was to divide among them $500,000 of its —On the 3d instant a bill & & & new bonds. The complainants ask that the decree of strict foreclosure may be set aside and they \>e permitted to redeem, and that the Eastern Illinois be required to account and be nishes the Chicago two roads. Railroad (Gazette. Lake Shore & Michigan Southern.—The Court has re- fused to continue the temporary injunction against the renewal of the lease of the Jamestown & PVanklin Railroad to this company, but has appointed a master to examine the accounts between the two companies and to report to the Court. At a recent meeting of the directors of the Jamestown Franklin Co. the general counsel of the Lake Shore Co. was present and submitted three propositions on behalf of the Lake Shore: 1. That the Lake Shore should surrender the road and that it should be operated as an independent line. 8. That the Lake Shore Co. should operate the roa(l as the agent of the Jamestown & Franklin Co., reporting the earnings and the expenditures at the end of each month. 8. That in view of the present complications and the beginning of a suit to enjoin a new lease, the Lake Shore should consent to operate the road under the terms of the present lease until January, 1885. The third proposition was unanimously accepted by the Jamestown & Franklin board. It is stated that the trouble in connection with the renewing of the lease has been made by some of the minority stockholders who want the Lake Shore Co. to buy up their stock in order to prevent trouble.— i?. R. Gazette. & Louisville & XashTillc.-Tlie directors of the LouisviUe Nashville Railroad were to have met July 7, but no quorum being present an adjournment was taken until July 17. It is understood that a plan for the financial relief of the company has been sent to Euroi)e by Mr. Whitehouse for the consideration of the foreign stockholders. The plan under consideration is said to provide for the issuing of a series of debenture bonds, to the subscription of which the stockholders will be given the preference. & THE CHRONICLE. 48 [Vol. XXXIX. meeit- the money on hand to redeem these bonds but hopes to have it Mexican Central.—The Boston Herald says: "At the July in a few days. on committee special the week this directors ing of the for the Northern of New Jer.'^ey.— The statement below for the coupons and other matters reported an outline of pohcy effect year ending Dec. 31, 1883, is from the New Jersey State report. manaKement of the property in the immediate future m road save as The road is leased to the New York Lake Erie & Western for that there should be no expenditures on the m Stock, debt, etc., were as folsight, and that all 35 per cent of gross earnings. required for the development of business required in Mexico be lows net earrings and subsidy not absolutely ot 18^3. 1882. forwarded to tlie Boston office to be applied to a reduction $l,00ii 000 fl.OOo.OOO work on brancli Capitiil stocV the floating debt. This has no reference to S.iS.OOO 380,000 Botdwl debt It was hereafter. 51.0n4 lines which will probably be considered Floating debt T°'' I ana Jimulco, and o4S,095 Calera 518.095 shops at Cost of road auil Pfiiiipmcnt TOted to erect small machine promismg certain side tracks for the convenience of quarries The receipts and expenses were as follows, compared with considerable freight." 1883: 1883. 1882. MisMlssonrl Paelflc—The case of the Pacific Railway of $30:.,95& $294,923 Gross receipts Judge 240,627 souri against the present Missouri Pacific was befca-e 230,100 States Expenses Treat at St. Louis this week. The decision of the United $65,329 $64,«28 Net Income Supreme Court was entered on record in the Circuit Court and 64,080 64,300 lath Interest and dividends the respondents (Missouri Pacific e<Q!Z)were given till Sept. $1,349 $-3 to plead. Balance Morris & Fssex.—The following statement for the year North* rn Paciflr.— The approximation of earnings of ending Dec. 31, 1883, is from the New Jersey State report: Northern Pacific in June, the last month of the fiscal year, IBS.-?. 1882. added to the previous returns, enable pretty fair estimates to $4.-l?8.??l ecisseamings $i.?a?.§<?0 2,937,113 be made of the showing the company can make for the year. 2,631,941 expellees atiiig Opei Earnings for June are placed at $4,095,785, and, with $11,460,$1,501,218 $1,630,959 Net earnings 453, gives a total for the year of $12,556,337, an increase of The rental paid by the Delaware I^ckawanna & Western $4,700,778 compared with the year of 1882-3. Taking the operroad, being 7 per cent on the stock and interest on the bonds, ating expenses! rentals and taxes to be proportionate to tliose amounts to about $2,665,000, which would leave a deficit of May, 55 per cent, the expenditures for the year were $7,476,to the lessees for the vear 1883 of $1 104,000, against !f!994,0D0 813 and the net earnings $5,079,425. Interest charges, as calin 1883, $985,000 in i881 and $1,012,416 in 1880. The stock, culated by Vice-President Oakes, deducted from net earnings, would leave applicable to stock a balance of $1,197,084, or debt and cost of road are given as follows: 1883. 1882. nearly 3 per cent on forty-one millions of preferred stock. $15,000 000 Cnplt.il stock paid In 1883-4. *1^2?2'SSn 23.073,000 debt Bonded 2S'^iM?2 37,211,742 Gross carninps 3b,to/,03S ^^H'?0'''^''T Cost of road and equipment i,4.0,sl^ and taxes rents Operatinf! expenses, New York City.— An increase in the valuation of real Net earnings ^^'Sl'J'i^^ estate in New York to the extent of $40,630,928 is shown in the 3,882.341 Interest charges report of the Department of Taxes and Assessments just subThe report shows the $1,197,084 mitted to the Board of Aldermen. Balance relative value of real and personal estate in this city in 1883 dispatch from St. Paul states that the land sales for the and 1884: fiscal year to June 30 amounted to 473,712 acres, realizing. BEAL ESTATE. : —A 1883. $64,701,657 30.199.197 S5,0S6,S5l 12,; 08,106 42,712.202 22,437,828 Varda. 1st 2d 3d 4ili 5tli eib 7th mil 10,li;f»,<',42 37,377,774, 27,972,964 17,001,984 16,252,293 103,430,854 9,941.515 23.362,542 54,390,440 35,146,468 33,595.842 73,428,453 9ili lOtU ... lltU... 12th ... ISth .. 14th .. 15th.. 16th .. 17th .. 18th.. 19ih.. 20lh .. 21 St... 22d 23d 42,6f3,422 7.n,445,;K3 192,795.94 8 44,?6!',772 fi7,<'80,448 8.-,,083,164 8'',196,9;^8 91,' 50,' 06 14,846.410 9,757,565 15,6:12,255 183,693, .-,4 8 ... ... Increase. 1B84. 21tl>.. $1,610,643 $€6,372,300 30.S30,821 35.998,681 12,302,006 43,630,613 22,661.088 16.346,193 38,020,698 28,79^.814 17,167,934 16,501,143 115,182,425 10,025,615 23,9^4,792 55,064,158 36,226,9 1« 33,720, 44 2 .331.624 302,530 193,900 918,416 223,261) 177,550 612,924 S20.S50 1 63.950 248,850 11,751,571 84, 00 602,2.^0 $3,155,23.5. — In an interview at St. Paul, Mr. Harris, President of the Northern Pacific Company, said that it is the intention of the company to complete tlie extension of the Cascade Division at Fifty miles are already built, and he expected to let the once. contract for building fifty miles before he returned. That would be half of the distance. The rest would be pushed as rapidly as possible. follows : . 673,718 1, 080,450 124,1 00 2,01 (,9 10 9,102,100 1,!>76 3 1,116,550 5,949,412 785,845 132,245 9,888,810 $40,6311,928 $1,119,761,597 $1,079,130,669 JPEHSONAL ESTATE. 1883 1884. $127,678,542 $141,625,409 Inc $13,946,867 Resident 10,6i>0,572 Dee. 10,715,533 54,961 Non-resident 06,250,765 Inc. 7,098,315 59,152,420 Bbareholders of banks. . Totals . — Oregon Improvement Co. The earnings of the whole sys tem for May and since Dec. 1, 1883 (six months), have been a8_ Jfni/. 1881. $312.i 80 Gross earnings Expenses Netcamtnss ' • 1883. • rce lloJvncl. 1883-4. 18S2-3. . 220,235 $361,019 $1,653,747 225.887 1,309.886 $1,775,618 1,284,331 $92,445 $135,132 $343,861 $191,287 Oregon Railway & Navigation.— Elijah Smith, President of the Oregon Companies, says the Northern Pacific and Oregon Railroad & Navigation companies' boards of directors have formally voted to lease the latter to the former on the basis of six per cent for two years, seven per cent for three years and eight per cent in perpetuity. President Harris, of Northern Pacific, has gone to look over the property, and the lease will be signed on liis return. Oregon & Trans-Continental.-TheBostonflera7<i says of thiscompany 'The next loan due is the Gould loan of $1 300,000, which matures early in August. The present management, it is said, has had to pay one commission only on its loans, and By the settlehaa not been charged over six per cent interest. ment witli the Oregon & California Company, Oregon & TransContinentaFs $8,000,000 loan is reduced to" six per cent. The Oregon & California second mortgage bonds were pledged to secure the five per cent commission on this loan, and by the terms of the settlement the Oregon & California Company takes the bonds and becomes responsible for the commission, $400,000. Of course Oregon & Trans-Continental sacrificed what it had : $218,516,746 Ino $21,045,212 TOTAL KEAL AND PERSONAL ESTATE. 1884. 1883. Inc. $61,676,140 $1,338,298,343 $1,276,677,164 New York Lackawanna & Western. The balance sheet of this road, filed March 31, 1884, showed assets, representing cost of road and equipment, of $26,569,492, and liabilities as follows: Capital stock, $10,000,000; funded debt, $15,250,000; due lessee, $1,319,493. The last-mentioned item appears to be the floating debt for the Lackawanna's extension. $197,546,495 Totals . — — ' New York Lake Erie & Western. The statement of gross expended on the Oregon & California, some $1, .500,000. Oregon and net earnings for May and for eight months of the fiscal & Trans- Continental is in comparatively comfortable circumyear is given below, and the gross earnings this year include 08 stances that is, when compared with the past. The interest cent of the earnings of the New York Pennsylvania & on its floating debt of $ll,000,tX)0 is provided for from the six S?r iiio leased line, the other 33 per cent of the earnings of tliat per cent dividends on its $14,000,000 Oregon Railway* Naviline Ijeing paid as rental. The net earnings are correct, and gation stock, which dividends will be guaranteed by the Northshow the actual results to the N. Y. Lake E. & West. Company. em Pacific agreement." — Groit Earnmgt. 1883-84. 1882-83. $9,834,091 1,727.434 1,548,474 2,li55.»8S 1,615,364 Ket Earnint/s. 1883-84. 188-i-83. Pennsylvania Railroad— Sodns Bay & Sonthorn.— The Pennsyhania Railroad Company has bought'the Sodus Bay & 39?,404 468.970 Southern Railroiid, 34 miles long, from Stanley, on the NorthMay 294,573 e31,Oj4 ern Central, to Sodus Point, on Lake Ontario, thus obtaining TotalSmos $14,317,639 $13,439,153 $2,996,418 $3,987,6yO an independent outlet on the lake, which it has hitherto Messrs. Powell and Westlake, additional delegates of the reached by the New Y'ork Central. The road was formerly English committee of Erie shareholders started from London known as the Sodus Point & Southern, and was operated by . Oct. 1 to April March 31. $10,97-/, 841 , $2,:709,411 $2,887,66 — July 5. —The company issued in 1882 the " O " car trust, amounting to $3,347,000. bearing interest at 6 per cent. Semi-annually 5 per cent of the bonds are called in and redeemed. Holders of about $167,000 of these bonds were notified that intenst would cease July 1 and that the bonds would be redeemed. Parties who have presented these bonds for redemption have ifeceived a circular announcing that the Erie company haa not the bondholders, after the foreclosure of a $1,000,000 mortgage, as the Ontario Southern. press dispatch from Pittsbnrg Cleveland & Toledo. Pittsburg, July 9, said: "There was some truth, after .all, in the story that there was competition between the Baltimore Ohio and the Vanderbilt interest for possession of the Pittsburg Cleveland Toledo Railroad, tlie indorsement of wliose paper brought C. K. Uarrison, the Andrews Brotliers of Youngstown —A & & JtTLY 18, 1884 THE CHRONICLE J W'illiiviu McCrei'ry of this city into unpleasant financial coniplicationH, and resulted in Garrison making an assignment. It is stated on the best avithority that the road was offered to Mr. Vanderbilt, and W. C. (^uincy insnecteil it at the suggesTne Baltimore Ohio tion of the Lake Shore people. people, however, were wide awake, and not desiring to valuable a link in their Western connections, lose so 49 and COMMERCIAL EPITOME. & FniDAY NiauT, July 11, 1884. The week following the national holiday is usually a dull almut circumventing Mr. Vanderbilt. There was a long considtation in this city on Sunday last among the one, and the past week has been no exception to the rule. The chief men of the Pittsburg & AVestem Kailroad (Company and temperature has been rather low in the Northeast, but copious representatives of the Haltimore & Ohio, at which it is supposed the purcdiase of the Pittsburg Cleveland & Toledo road rains, that were much needed, have fallen, and crop prospects was deci<led upon. At any rate, according to a private di8|)atch improved. There has been a sharp decline in wheat, followed from Haltimore, the sale has taken place, the Baltimore & Ohio by some recovery, and generally the speculative feeling was being tlic purchaser, and the papers have been signed. The quite unsettled. The Democrats have been in session at Chiterms of sale have not been made known, but it is understood that the nurcliasing company agrees to lift the paper given l)y cago, and to-day nominated Orover Cleveland for President of the I'ittsburg Cleveland & Toledo Company, and indorsed by the United States. Congress, early in the week, adjourned to C. K. Garrison, Andrews Brothers and William McCreery, and December. immediately release set them from all responsibility." week has been attended by wide Severe depression prevailed early In the week. Some recovery followed. To-day the opening was quite buoyant, but part of the advance was lost, closing at 7'49c. for August, 7-07c. for September and 7-77c. for October. Spot lard has been sold down to 7'lOc. for prime city and 7"30c. for prime Western; but, the lower prices leading to more The speculation — Youghiogrciiy. An increase in this company's liabilities is to be based upon an extension to the coke region. This is to be twenty miles long and the capitalization will be at about the same rate i)er mile as the jiresent road. The stock and bonds will bear the same guarantee as those now out six per cent for forty years by the Pittsburg Lake Erie and the Lake Shore & Michigau Southern com- & PIttsbnrj? McKftcsport — & in lard this fluctuations in prices. panies. business for export, there was some improvement, closing at Paul & Northern raciflc— The extension of this road 7"25@7'30c. for prime city and7'50@7'55o. for prime Western. from Sauk Rapids to Minneapolis was turned over to the Pork has been dull and unchanged. Bacon remains nominal. Northern Pacific Railroad, the lessee, on July 1. The com- Cut meats were in demand and pickled hams closed firmer at pletion of this lino gives the St. Paul & Northern Pacific Railway Company Vi't miles of completed road, extending from 12M@ 13c. Dressed hogs are dearer at 8@8L^c. Beef quiet and St. Minneapolis to a connection with the Northern Pacific Railroad at Brainei'd, JNtinn. The entire traffic of the Northern Pacific Railroad passes over the line to and from the cities of Minneapolis and St. Paul, where connections are made with the railroads running east and south. Shenandoah Valley. —The statement May and for five months in •expenses for follows: May. . OroM earnings of earnings 1883 and 1884, 1883. 1884. f61,30!) $T2.417 55.201 53,-522 $294,163 264,042 Net earnings $30,121 $18,923 $6,108 as ^Tnn.—May—S ' 1884. Kzpenses. and is moa.—, 188J. $286,250 260,526 $25,724 Spartanburg Union & Columbia.— The semi-annual inter- & & & & & Terminal Company had any Toledo Cincinnati & St. is dull at 6,'4'c. Pork, lbs Bacon, lbs Lard, lbs Tot.il lbs «st coupons on $1,000,000 of the bonds of the Spartanburg Union & Columbia Railroad were due July 10, but were not paid. About two-thirds of these bonds are said to be held by a single firm in New York. The Spartanburg Union Columbia runs from Alston to Spartanburg, in South Carolina, 68 miles. It was sold under foreclosure June 7, 1880, and was leased to the Columbia Greenville Railroad for 99 years from April J, 1881, at an annual rental of $50,000. The leased company has applied this money to the payment of the inter«st on its bonds. The present default is due to the fact that the directors of the Columbia & Greenville Road have refused to par the rent on the ground that recent action of the South Carofina Railroad Commissioners have so depreciated the value of the leased road as to make it unprofitable. The Times reports that the Columbia & Greenville directors have raised a point as to the legality of the lease, which will probably have to be determined in the courts. The Columbia Greenville Road is controlled by the Riclimond Danville and West Point Terminal companies. At the Richmond Danville otiices in this city it was stated that this default was one that concerned the (I'olumbia Greenville Road alone, and for which neither the Richmond & Danville Railroad nor the West Point & Beef hams are rather firmer at $28 per bbl. TallowStearine is firm but quiet at 9@ 9 J^c, Oleomargarine is lower, selling to-day at 7;'^c. for prime. Butter is dull and weak at 17@22c. for creamery. Cheese is rather firmer at 5g9}^c. for factory. The following is a comparative summary of aggregate exports from November to July 5: nominal. responsibility. Lonis.— The Quigley Committe bonds deposited on tlie St. Louis Division. Th $100,000 additional required to make a majority are j)ledged, an'l Mr. Quigley goes West shortly in the interests of the foreclosure lias $1,400,000 suit. Wisconsin Minnesota & Pacific.— The St. Paul Pioneer Presn of July 3. says: "Messrs. R. R. Cable, President of the Chicago Rock Island & Pacific, H. H. Porter, formerly President of the Omaha, and A. B. Stickney, of the St. Paul, were in Minneapolis yestTday, atten<ling a meeting of the directors of the Wisconsin MiTne'sota & Pacific. The directors authorized the bonding of th^ road to the extent of $15,000 o mile for construction purpo3!j as fast as completed. Work is being rushed as fast as pt/jsi ble, 50 miles being already grade<l. Track-laying will commence at Morton next Monday, and the entire 120 miles will bo complete<l before October. The road runs from Mortan, the present terminus of the Minneapolis & St. Louis, to Watertown, Minn. The country through which the road passes embraces some of the best portions of D ikota, and the opening up of this country will add to the finest fnrming lands of the territory." The President of the Wisconsin Minnesota & Pacific Road denies the report that his line was an extension of the Minneapolis & .St. Louis Road, and states that it is the intention of the company to extend its line east to Red Wing at a future date, the idea being to build the west end first so as to tap the most available and productive territory first. 1883-84. 27,44S,000 247,20",929 1882-83. 32,500.200 Dec. 5,051.fi00 28s»,856,170 Dec.42,655,241 14tj,92i>,992 16d,068,125 Dec.19,142,133 421,575,521 488,424,495 Dec.G6,818.071 Rio coffee has been only moderately active on the spot, but closed about steady at d^@ lOo for fair; options have not shown any very marked change despite a sharp dtcline in Havre, but the close is dull and weak; to-day there were sales at 8.30c. for August, 8'40c. for September, 8'45c. for October, 8'30c. for November and 8'55c. for December; mild grades have been in fair demand and steady. Tea has remained very dull; on the spot prices are about steady. Rice has sold slowly at unchanged prices. Cuba molasses has been quiet but firm at ICJ^c for 50 deg. test refining; grocery grades have been neglected and nearly nominal in value. Raw sugar has been very active at an advance, fair refining closing at 5c. and 96 deg. test centrifugal at 6c. fair refining sold at S^^c. for September and 5*40c. for October; refined has been firmer, and granulated closes at 6 15-16@7c., powdered at7M@7j3'o. and crushed at l%@'!%c. In Kentucky tobacco the movement has been small and the general tone easy. To-day lugs were quoted 7J^@8J-4C. and leaf ^%@Q%c. Seed leaf has continued quiet and without essential changes. Sales for the week embrace 1,825 cases, including 400 cases crop 1883, Little Dutch 17 to 18c.; 200 cases crop 1883, Pennsylvania 8>^ to lOJ^c: 150 cases crop 1882, do. 5 to 15c. 100 cases crop 1881, 6 to 10c. 200 cases crop 1883, New England, 12^ to 30c.; 125 cases crop 1882, do. 14 to 25c., and 150 cases sundries 5 to 28c.; also 850 bales Havana 8O0. to $1 15, and 150 bales Sumatra $1 25 to $1 65. Naval stores have also been rather slow, and spirits turpentine closed almost nominal at 31c. in yard; common to good strained rosins were unchanged at $1 22J^@$1 27 1^. Refined petroleum has been quiet until the last two days, when an advance to 7>'4C. for 70 abel test brought out larger orders. Crude oil certificates have had a variable week, and yet at tlie close the figures were a trifle flrmer than the lowest of the week; the range to-day was 59J^®61J^c., and the final 60Jg@ Metals have been about as dull as they well coula be. 61c. Steel rails are down to $30 at the mills. Hops remain steady; and wool has continued quiet and unchanged. The market for ocean freight room has been rather quiet, but charter rates are held with considerable steadiness. Berth room was particularly dull to-day, and grain to Liverpool was nominal at 4)-i'd., bacon, 223. 6J.; cheese 40s. cotton, 3-16® 34 d.; grain to London quoted 4'4'd.; do. to Glasgow by steam taken at5d.; refined jMjtroIeuiu from PiiiladeTphia to Amsterdam, 33.; cases hence to Algiers, 17c.; do. to Calcuttv, 39^c.; crude do. to Alicante, 18>ie. and 33. 10%A.; refiaed to Hamburg;, 23. lOi^d. ; ; ; ; . COTTON. Friday, P. M., July 11. 1884. as indicated by owr telegrams from the South to-night, is given below. For the eight days end7,o7S ing this evening (Julv 11), the total receipts have reached the previous bideB, against 4,655 bales last week, 5,642 bales Thb Movement of the Crop, 4,725 bales three weeks since: making the total against receipts since the Ist of September, 1883, 4,794,874 bales, a 5,915,986 bales for the same period of 1883-83, showmg decrease since September 1, 1883, of 1,121,112 bales. week and Hon. FYi-Sat Beetipit at- Indianola, dto. Orleans... Hew Mobile Florida Barannali 197 9 199 14 Thuri. Wed. Tue$. 16 Qalveston 1 New York.. Other ports.. 2,500 10,085 1.123 4,000 1,897 4,206 3.093 2,300 2 13 22 104 62 162 8 3 2 121 26 Uoreh'dC&c 35 New York 250 580 7 898 30 Totals this week 1,365 1,710 62 5 6 50 9031 1,238 1.824 539 369 5 5 34 296 60 353 4,0.0 1,034 1,139 1.993 7.578 WestPolnt,&o Phlladelp'a, &o. 60 For comparison, we give the following table showing the week's total receipts, the total since Sept.l, 1883, and the stock to-night, and the same items for the corresponding periods of last year. 1882-83. 1883-84. SeeeiptM to Since Sep. 1, 1883. Thit Week. July 11. Clalveston Indlanola,&o.{ Hew Orleans... Mobile 88 1 718 330 Florida 104 Savannah Brunsw'k, Ac 162 Charleston Pt.Koyal,*o. Wilmington 3 26 539 Norfolk We8tPolnt,&o NewTork Boston Baltimore 5 353 .. 4,050 60 .. Fhlladelp'a,&«. Total. 1,139 591,261 8,475 .512,944 253,095 42,888 653,601 8,084 417,308 13,705 91,746 12,658 578.059 221.996 108,002 184,369 30,799 65,984 7,578 4,794,874 TAU Slocli. Since Sep. 1. 1882. Week. 3,100 1883. 1884. 831.498 16,926 1,776 10,743 3 4,127 ,657,994 48,83(> 154 16 638 310,840 18,439 809,562 5,508 565,51 i 24,601 127,214 19,467 796.394 227.358 137,673 190,137 66,970 109,993 3,843 87,769 7,594 3;2 3.343 1,443 2,429 786 i.:7t; 1.411 20.13-i 93 1 7 10 3C 101 391 700 1,313 206.449 190.143 6. .180 6,310 4,037 17.7li0 7,328 6 097 11,024 3,915.9S6 at— 1884. 1883. 3,108 4,127 Horf oik, Ao. All others... 5,605 7,578 Orleans. MobUe BsTannah Oharl'st'n, Sas Wllm'gt'n, &o Tot. this w'k. 1881. 1882. 89 718 330 101 162 26 544 8alTe8t'n,<feo. 2,H9 8.37 3,480 3,1 81 7J3 662 167 637 2,663 327 531 900 8.142 18.199 10,691 2 809 1>3 . 1. 4794,874 5915.986 4639,7 l.i 572 2,04 4860.895 4130,331 Oalveston Includes India ,oia; unarlostou lucluuea Fori Koyal. AcWllmln«tonlnoludes Moreheart Cit.v. .\rc.: Norfolk In, 'hides City Point, Ao! The exports for the week ending this evening reach a total of 40,747 l>ale8, of which 31,180 were to Great Britain, 100 to France and 9,467 to the rest of the Continent, while the Stocks as made up this evening are now 283,540 bales. Below are the exports for the week and since September 1, 1883. OalTeiton.... Rew Orleans. is,«eo to— 1888. to Oreat Week. Britain. *>•»'« | 231,S4» 84.768 771,665 360,46i 5«,157 8,138 Mobile norlte BaTannah iss.eie Oharleitoa *.. Wilmington.. Horfolkt tl<.2l9 43.413 263.933 New York July Oontineni. 14,089 .... ... 3M Baltimore.... BOl S,7S> S34 .053 Ptalladelp'a,Ac 840 81.180 100 11. 1B84. Middling. « lUie 11>1C us," 115,„ . Mfrt [ Str.G'dMirt' .ir . ' 1 S. riot Ord.. 13,436 34,497 40. 188,717 138,068 8,704 357,799 273,784 3,826 47.842 874,510 552.803 418.400 109.837 80.185 20,588 104.318 1.898 4.624 57,128 114561 111.542 101,597 3,838 105235 Total 1H88-83 aSBun' 8461 1,9"S 85. • Inolndes exports from Port Bf)ral, *o. f Inolndea exports from West Point, lus !,SM,051 465,844., ! 813,6 9V. 101,6 2 t>. Ldw Middy 272 1,776 100 1.311 7,9f0 2,80o 193.549 15,861 150 15,3.^S 267.182 2.902 1.037 22,938 11,497 3S0.696 217.858 TE.X.\: Wed Th. 8% 9% ioi!,„ 1078 K :?, K»18 Ssr.G'dOr.i lOSs 9i,» 110 lloSg 0''is 10% 11 11 im 111? im Mdd'gFalrillTs 1178 1258 F, im. Il258 r 11 7e I2.is STAINED 170,518 97i 10>4 1„5, 11°16 11»« iii>,« ; >. cf im ^ fi K 9 97,6 IOI4 1058 9''l6 IOI4 lO'M LlCg W^ lUin U^ im MH 11>I| 1218 vr'a Mat. Wed Frl. ^^^<^ 11 's 1 'a 111,. 1\H 114 11% 11% 1218 12'8 87i6 91s ! iiH inn HI* Ilia 11% 11% 1278 121s 12^8 W«d S3(, 1 91,6 lu. 9^8 Frl. 1 8SS 1 (11,8 101s t(ir.,„ 12i« 127g 8% fl7o 1 lUis im io»,r 10»|„ 10% 91..,, .Middling 87,6 91* 9 97,8 10>4 10»8 lO's I05b 10-8 lll,„ 11% ,2% inoii|Taeii GTod Ordinary 9 1>. Scrlot Good Ordinary.. .,-....-,. Holi.". L)w MlddUng day. Frl. ! i 97,,, 1 iWi 1014 lli,« I2i8 12'e Til. 9 9 It's llHl 9i,e 9'8 1 101a SALES. The total sales and future deliveries each day during the week are indicated in the following statement. For the convenience of the reader we also add a column wliich shows at a glance how the market closed on same days. SALES OF SPOT AND TRANSIT. SPOT HAKKBT OLOSKO Ex- Oon- port. $ump 8at FUTC KtiS. S»ee- Tran- ul'fn lil. Deliv Total. Sales. ..Hoi Iday. Mon Duilat ij. deo... Tues Quiet and steady Wed HU-ady at , dec Thurs Qiiiet and easy.. 1 . CJlllot 312 669 1.846 1,927 5« 1,395 357 746 550 1,377 58 50 1,315 Total. 2.012 3,883 — eriei. 1 1,100 914,196 8,768,481 82^ 416 419.8'j7il.858.497 4 601 R40 im 11^16 9 iOV MlddUu^... 11 11% Th. 9 LiwMid.l'K 1059 id's 1 '« 8.-,r.L'w Mill lOia,^ 1013.6 1013,6 111,., Gaod Mid .11 14 8 :r. G'd Mid Ilia 91,8 9i« 105,6 10", « 1011,6 1015,6 lOlSlg iiie lis,,, 116,6 119,6 11«16 1113i„lll4,6 123,,, 123,6 1215,6 12l5,g 1113,6 1113,6 123,1" 123,; 12iis,„ 1215,6 ; Frt. W<-d 10 91,6 91a 105,6 : 105, lOlllrt 1011,8 Iui6i6 lO'^ie X 107 16 S3j 31,6 9>« 9'l6 9Hi 106,6 ll«i« ll»,.i llis,„ 111*,^, 1211l« I2II1, G>odOrd..l0 Frl 0.497 50 Noue. NEW ORLEANS. MARKET AND Tota 84,178 870.761 307.832 1,439.959 1,380 57.337 8.704 .. 813,« HM Exported to— Total None JQou Tnes Sat. inon Tuee Sat. niun. Tnea 101,6 107, 1011,6 lO's Odln'v.** 11.024 Oontirumt. Ordln'/.»«> Strict Ord.. Gaod Ord.. 8cr. G'd Ord 43 3J 148 1.656 Bacported Sat. : 2.420 Brtt'n. **<»"«« 44,122 3.848 1,443 4,708 None. — DPLAN1>8. July 5 to Juli/U. ; 1.309 3,50 enat I None. None. None. 50 None. 100 None. None. — — F 2.410 5,938 1, I tjeaving Stock Total. voite. The speculation in cotton for future delivery at this market has been only moderately active in the past week, but prices have varied widely and the tone of the market was quite unsetOn Monday, with no great pressure to sell, there was, tled. in the absence of any supporting demand, a decline of 14@20 points from the closing figures of the previous Thursday. August was the most depressed. On Tuesday this decline was about half recovered, owing to tlie publication of the crop report for June, as comjnled by the National Cotton Exchange, representing among other things tliat the crop is very late. There was a slight decline on Wednesday, but a steadier closing on tlie reports of excessive heat in Texas burning up whatever of the crop that escaped the exce.ssive rains of May; and on Thursday there was a firmer opening, but the close was lower. To-day the Bureau report for June appeared, and is given on another page. It was less favorable than was generLiveqjool was dearer and the opening with us ally expected. was at a general advance, most decided and best maiutained months, but the close was dull. As compared for the distant with last week's closing there is to-day a decline of 13@19 points for tills crop and 3@5 points for the next. Cotton on the spot has been much less active than for some weeks past. Notwithstanding the rapid reduction that has lieen going on in our stocks, prices liave been weak. Quotations were reduced l-16c. on Monda and again on Wednesday, wliile on Thursday business came quite to a standstill. To-day there was more doing for liome consumption, at steady prices, middling uplands closing at lie. The total sales for forward delivery for the week are 393,900 For immediate delivery the total sales foot up this week bales. 5,895 bales, including 2,013 for export, 3..S33 for consumption, in transit. Of the above, bales for speculation and were to arrive. The following are the official quotations for each day of the past week. Mldd'eFalr; 1.691 3.572 Sept. 1882 2 8 706 126 JVom 15,096 3,954 l'otall883 Guod > MaporU /rem— Total 1884 108 408 195 35 JSitdino July 11. . Str.L'wMid 233 1,054 154 638 94 17 466 we 18'9 1830. Since Sent. Wetk Mobile Ooast- 292,540 353.674 In order that comparison may be made with other years, give below the totals at leading ports for six seasons. Beeeipti !rew Orleans. Total 11 None. None. None. None. None. None. 3,900 100 718 330 280 22 1,123 1 12 4 Other fYance. Foreign Qreal Britain. 114 96 2 11. il- Qalveston.. Norfolk 12 42 Wilmington Boston Baltimore On Shipboard, not cleared—/or JULY 88 Total Fri. 70 148 Hortolk We None. None. None. None. None. Noue. None. 33 XXXIX. [Vol. 3,585 None, None. Noue. None. None. 4,000 17 29 Charleston Ft. Boyal, Ao. Total „ In addition to above exports, our telegrams to-night also give ug the following amounts of cotton on shipboard, not cleared, add similar figures for New York, at the ports named. which are prepared for our special use by Messrs. Carey, Yale & Lambert, 89 Broad Street. Cnaneston .. Savannah .. Brunsw'k, Ac. Boston „ . THE CHRONICLE. 60 Hew . . 71,000 83,600 ,">(l,100 40,500 48,700 200 300 300 400 200 5.895 293900' 1,400- Tiie dally deliveiiea «iveu abov« are antnally prMvlniin tn th ir au w ii<ib r,Ut-y ^.i-; ^hi »ri. il delivered the day — ' July 12. 1884. THE CHRONICLE. | Thb Sales and Pkioxs or Fdtubxs are shown by the foUowing comprehensive table. In the statement will be found the daily market, tlio priceH of saleH for oacli montli tsach day, and the closing bids, in addition to the daily and total salee. 9l4 f5| 51 m Thk Yisiblb Supply or Corroir to-night, nuwle up by e»b|« and telegraph, is as follows. The Contmental Htor^lcH, as well as those for Oreat Britain and the afloat, are thin wwik's returns, and consequently all the European figures an- brought down to Thursday evening. But to make the totals the complete flg^ures for to-night (July 11), we add the item of exports from the United State<>, inciumng in it the exports of Friday only. 1884. Rtoek at Liverpool Stock at London S3,000 Total nreat Britain stock at Haniliurg o 9 f* 6%" 2 Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock o IS _ j-cnto« 00 00 5 9<? ODOD COOS I 4 1 99 ecco a < 9 OS 2 *^ Aiimterdam Hot t(M-dam Aiitwcn) Havre Mni-sellles Barcelona QDQE) I oc-oo us 00 »0 S:, ; T 00 ; c (X, c£ I coc -i w C- eon: 1 -4 2 03 wii^ CO 2 I W '-' ©in eo -7 2 99 Oiyi Sod: 99 mo 5 2 on: !? 2 ' ii*-i^ "^ »M^ CCoC OOcO OOo* I MM « 0" f-« lOX ^ 99 t-t. I < 2 I-" '-'a 909 OlOtn I ' 99 coiu «o -J a 00 0.0 '' «e:: WW OlO u ^0,(X)0 229,3.55 14,000 2,300 2,030,106 2,238,407 1,820.994 2, ,072,3i3 5'rf,«33 276.000 76.000 228,000 101.000 353,674 2S2,.540 26.766 14,000 59.6.<3 2,300 323.000 53,000 167,800 251,000 22,000 Ac 2.'3.000 .52,100 13d,700 275,000 38,000 816,800 751, SOO 1,239,316 1,486,607 74,000 10.1,000 229,355 29,739 2,000 250,000 167,000 310,556 54,777 11,600 925.094 1,428,933 341,000 69.500 142,400 323,000 20,000 191,000 51,100 92,350 284,000 25,000 895,900 643,450 925,094 1,423,933 Total visible Aupply 2.036,106 2,238.407 1,820,991 2,072,383 Price Mid. Upl., Liverpool.... 6ii«d. eSigd. 5»sd. 6i6itd. The imports into Continental ports this week have been w-1 '^ C" yt QCIO '- 0'0» 2 " CO 00 1 a : The above figures indicate a decrease in the cotton in sight to-night of 182,301 bales as comijared with the same date of 1883, an increase of 28.5,113 bales as compared with the corresponding date of 1883 and a decrease of 16,377 bales as •» «p: U J »• compared with o 1881. — At THE Interior Towns 2 "^ O O' ». 3.''3,674 1,239,300 1,486,607 TotalAmerican 09 5^ WW ao_2 ~J 00 99 ooi C I «* the movement that is the receipts for the week and since Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding period of 1882-83 is set out in detail in the following statement. 2 — I rf* It. a; <i3 ^ dot 2 ^ wee 2 < OOCO OoS MHWM O' * *• OW 99 < 00 IJ I I 103,000 :iH,000 510 26,766 2 Sm: I ®w: ax: TO oco9 COcO coc9 Cji 101,(X)() 22,000 29,739 2,000 afioat .tic, Total East India, COt^Oco 5 2 ii^w "^ 1 -100 01 Egypt, Brazil, o w ooc9 99 ? *•* 9S ,200 28,000 bales. tto': 00 1 167,000 25,000 310,556 54,777 11,600 Total American Sa»l Indian, Brazil, <fe. Uverpool stock London stock Continental stocks India afloat for Europe 2 COoO OOcO 99o9 99o9 oc§b it-i^Oi. .10 7ti.i>00 Dnlted States stock United States interior stocks.. United States exports to-day.. 9.-: I I I ili.OM > •-— 342,350 8.-',000 28'.', American afloat for Eiu-ope... CO ll^M 216,400 600 133,0<K) 13,(I0U Oontlneutal stocks OCoO 9o9 cco-i obtcOob CTW 2 a<»: 09 361,700 8,.'.00 134,000 9.900 OmOo Oi^ 00^0 ooSo 99S9 d>c^Oc^ w-jiOoi 99 443,800 3,400 220,000 6,000 63,000 " — 5 IJ 0:01 24,000 11.100 5,700 2,300 Of the above, the totals of American and other descriptions are as followfc; American Uverpool stock bales 564.000 742.000 487,000 635,000 ««: i 00 99 oiw 2 wot 18,000 12,000 S.t.ifOO 2,800 21,600 14,500 1.9U0 CO 9 cc?o OOoO cc 897, ^00 50,000 900 Amer'n cott'n afloat for Kiir'pe Egynt,lii-azil,^\;e.,afltf(>rE'r'pe 1*^ 2 ,047,100 3,100 12,000 1 Stock In United States ports .. Stock in U. 8. interior towns.. United States e.\port8to-<lay.. 2 oo°c ox 826.000 51,100 877,100 5,440 36,000 39,700 5,080 3.330 197,000 3,700 40,900 4,000 7,200 Gei'oa Trieste Total visible supply OS- 1881. 824.000 69,500 OHO -^ 'tT'o'T 00 1892. SO.^OOO 5?,100 Total Kuropcan stocks 1,383,800 1,408,SOO 1,113,900 1,219,450 India cotton afloat for Biirope. 2.il ,000 27.^,000 32:1,000 284,000 : c» ^1 < 910,000 4,500 70,000 31,000 . Br-enicn Total Continental stocks « OOoO 9909 99p9 002 at at at at at at at at at 1883. 8i^7,000 bales «m: I 2 »,": woi 1 5|liii|iiiillpiiis 2 ^u: Kg 9000 OOoO OOoO ooo9 ooo9 ddiOa> Oct M Si doOo. toto eg 00 «o tM 90 5 2 •* 99 dA 5 ecrf^_co 1 Q) : MMw"-* I •? 9 ** J 9r: 00coe© 0000 SS SiS-CO -j-jo-i dos^d -1^ w toco MM >. MM > 5 99 17 99 ? crob 99 •? 00 OCOD 2 <IM 9 t -i» 2 WU 9 uoaj to ^ 03> OQDi- CX) *< I 2 * 00 GOOD « I o MM ^ cjtdoot cow - Oob ddod V^' O sm: MMx"-* «??$<? 9909 CSOCio obcDOd lt>-^ o I- 10 CJI ^^.^^ 1 w t»- s.*: goo *- WW — CO t-* M CO o o O' M ; OCA ih. : ^ »- c boso pj*- a *- :0 C;-J c w a CO wcoH-p c:«o'^i'i*'V)o:QD^»-MbD*^ioajosco*»-&o -^i co-jco©ccoot;'CWtooiCD*^otcaui*'0 lb. M--CO'-' 9009 OO09 crobOob obobOcc Qaw r-t u-q o; "^ t,. M — Mit-CO C CQOt-lCH. tc «^ Q- o X M ^ •^ X w 9 tc'« u c: ^ tc rf^ obcxOci) ow M M COM O 0< «1 1 I-* CP OC^MO^; M rfk 0:0 M CD to I . OtOif^tO coot 00 Mtoi^toi^icactoco- vto II f IC I I » : mkjm l« 18 l«: CO O^ coo W (3 I I I •gOlCCtf^CCCM I I *« 18 i I I I I I I M WM COoiw MM mmmm; C:wcOi^;;(a)t^WC^< rfwCO • ; • ODQD-^CMICO co-^ciiwpcc Gi)C;*C0*^iaoO §"4 I 01 «: *.OlM t^ t-* 9:t^WiCvtaKM r- I KODCCOtO CO o CX cc c;> Ci 03 ifh ^X*»MW M 00 W _ WmOHOCO W »JtO ocowc;*coc;<MW&/*cDQOc;<QOCiU'03C;'GOM I »^ Ol M M— MM yi y» 00 ^ ic ** vc — o ^^*» * o CO w yt ^ ^1 ^ « M 0« W M o; p^ CO OS *»j^ i" * ;^^ j**^ p en a OwVj'iU be© » Vioi'ootjas V c V -4 »o WlU Includes sales in September. 1883, for September, 76,200 September-October, for Octobor, 33S,600; September-November, for November, 199,800; September- December, for December, 869,5000; September^ January, for January, 2,817,900; Scptember-february, for Febniarv, 3,780,i:00; September-Marcb, for March, 2,309,800: September-April, for April. 1,999,900; September-May, for May, 2,362,200 ; SentemTierJune. for June, 2,183,600. \Jr We ha»e Included In the above table, and shall ooniloue each weeK to Klve, the average price of futures each day for each month. It will l>e found under each day followiUR the abbreviation •• Aver." The averaite for each month for the week is also given at bottom of table. Transferable Orders— ^fonday, lOSoo.; Tuesday, 10-95o.; Wednesday, 10-950.; Thursday, lOHOc; Friday, 10-940. Short Notices fur July— Monday, 10 73c. ' rfk. : The following exchanges have been made during the week: •15 pd. to eich. •33 pd. to exch. 200 Dec. for Oct. 100 Oct. for Sept. I 1 -40 pd. to exch. 600 Oct. for Aug. *1 JC *-i to •-I CM *4 QD o «w --J :j' •-) 1^ o: "^ *- 00 -J00a3cnooccorcc;i'^wwts90»aoc3 wio W WM- o:osi*^cd; to com wiyto*.. -id Into*03 K^ * Oi woo ^3 C CO 1^ to O Iv " CO W CO OS" CCi*^**MWWrf^O>W»^ffii^-l<^-^M«JO »CM M WtOCOUi'^'ICM; • to fcO *-WOi: MtOkOW MMmC0-^*4 -ioS® I? t5 Mr- Moa —— ti 01 — McwV-o:io"^*w W—lfOO-l w — OiMOOOJifcCODO*© c0f©a»O*^0aWC^ ^-l^oowc*:"— i»©xoo--«— 10 — »o«©v This year's figures estimated. totals show that the old interior stocks The above decreased during the week 4,.520 bales, have and are to-mght 82,807 1 . THE CHRONICLE. 52 The receipts at last year. bales less than the same week last year, and since September 1 the receipts at all the towns are 709,348 bales less than for the same time in 1882-83. bales less than at the same period the same towns have been 4,.')13 Quotations fob Midduno Cotton at Other Markets.— we give the closing quotations of middling cotton at Southern and other principal cotton markets for each day of the past week. in the table below OLOSINTO (JOOTATIOXS Tte6k ending July 11. Qalveston Sew Orleans. Mobile WUmlnKton.. Norfolk Boston Baltimoi'e . . FhUadelplila. Angusta Memphis.. .. LonlB St. Salur. Mon. 11 ll 11 11 11 11 11 Ills 11 II19 im iiig H»8 11 11 11 11 Wedties. Thurt. Fri. lOTg 11 lOTg ID'S lO's 11 11 11 11 11 lO's Nominal. Nominal. Nomiual. Ills Ills Ills 10!^ 10% 11 III4 11 14 III4 11 11 IU18 Ilia 11=8 11 LuHng, Texas. There has been no rain during the week, and we are beginning to need it. Crops are good. Enterprising first-bale people have begun picking in adjoining counties. Weather exceedingly hot. Average thermometer 86, highest 10% 1114 11 11 13 10% 11 u ICa lO's 11 11 11 11 11 Wa 1118 11 inch. 11 11 10^8 1118 11 102, — Receipts from the Plantations. The following table is prepared for the purpose of indicating the actual movement each week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year than another at the expense of the interior stocks. We reach, therefore, a safer conclusion through a comparative statement like the following. In reply to frequent inquiries we will add that these figures, of course, do not include overland receipts or Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop which finally reaches the market through the outports. FBOU PLANTATIONS. RECEIPTS Wnk t-Mnt- 3Vh atlnterior Townt. Ibc'pUfrom Plant'lu Stcetpti at ttu PotU. ISeH. 188.1. 1884. 1882. 90,791 U.Wl 36.021 12.737 sa,8C9 19.914j 23,838 12.068 1884. 1883. 1882. 1883. 1834. Apr. 2S S3.60<1 69,244 May 2 34,423 48.761 80,923 157,8.-6 189.806 20,033 143,327! 164.363 " » 16 25,b81 15.6571127.630 147,94al 81.235 8.691 115.435 13a.872 7S.b2« 10,184 20.884 60.675 43.976 iSS 1S.98I 38.539 70,523 2.564 30.233 664 80 15.950 15,6«4 30.426 25.456 5.888 101.018 123.665 8.126 93,595 114,679 64,174 6,517 19,540 1.780 83.394 103.ii26 56,109 5.433 16,703 4.519 I3.B5f. 21.573 12,393 8,409 ; 2.672 14.410 2,955 4,725 69.5J0 88,763 88,210 50 853 I3,S0» 45,934 1.011 1.672 9.28S 11,497 5.512 50,417 70,50» 39,647 37,523 31.941 175 2,766 •• " " June •• 6 IS 80 27 « " .... July 3 " 11 9,586 8,142 12,534 11,914 4,656 11.024 7.578 2.408 42.84J 35.454 The above statement shows — ] 74.817 68,762 1 31,131 14 804 [ 2,012 7,052 753 5.139 0,-3 3,281 8,869! 29,905 1.686 1.996 That the total receipts from the plantations since September 1, 1883, were 4,777,659 bales; in 1882-83 were 5,968,263 bales; in 1881-83 were 4,629,744 bales. 2. 1. —That, although the receipts at the outports the past week were 7,578 bales, the actual movement from plantations was only 1,996 bales, the balance being taken from the stocks at the interior towns. Last year the receipts from the plantations for the same week were 5,139 bales and for 1882 they were 758 bales. Amount of Cotton in Sight July 11.—-In the table below we give the receipts from plantations in another form, and add to them the net overland movement to July 1, and also the takings by Southern spinners to the same date, so as to give snbstautiaUy the amount of cotton now in sight. 1883-Bl. 1882-33 1881-82. 1880-81. Beneipts at the porta to July 1 1,791,874 .5,915,936 4,639,715 5,722,015 Interior Htock.-* on July 11 in •17,21.'5 eioeasol Suvtember 1 52,277 *9,971 33,165 T< t. re elpts from plantat'ns 4,777,659 5,968.263 4,029,744 5,757,210 Het vo.'iaud to July 1 573.60.5 637. 69S 464,336 509,799 Southern uousumpt'n to July 1 292,000 318,000 229,000 195,001' Total In sight July 1 5,643,264 6,923,961 15,323,080 6,402.009 1 •Decrease from September 1. It will be seen b.v (he above that the deorease In amount In Bight to-night, as compared with last year, is 1,280,697 bales, the incre.ise as compared with 1881-82 Is 320,184 bales, audthe deorease from 1880-81 is 818,745 bales. Weather Reports by Teleqraph.—The weather has been quite favorable during the week at the South, and the crop is generally making good progress. With a continuance of good conditions, the prospects are promising. — Galveston, Texas. The weather has been warm and dry all the week. Average thermometer 87, highest 95 and lowest 80. Rainfall during the month of June five inches and seventythree hundredtlis. — lowest 71. Last week it was showery on two days, and the rainfall reached fifty-nine liundredths of an inch. Crops were unquestionably good. The thermometer ranged from 71 to 95, averaging 83. During the month of June the rainfall reached 10% 11 — We 11 Ji^ 10% 10% — Palestine, Texas. The weather has been warm and dry all the week. Praspects good. The thermnmeter has averaged 84, ranging from 74 to 98. Last week we had fine showers on three days, the rainfall reaching one inch and twelve liundredths. Crops were doing well. The thermometer averaged 83, the highest being 91 and the lowest 69. During the month of June the rainfall reached one inch and forty-five hundredths. have had warm and dry weather Huntsville, Texas. Crops are promising, but the weather is very all the week. hot. The thermometer has ranged from 74 to 100. averagings?. Last week it rained splendidly on three days, the rainfall reaching one inch and thirty hundredtlis. Crop accounts were more favorable. The thermometer averaged 85, ranging from 69 to 95. Rainfall for month of June forty hundredths of an 11 .... XXXIX. 19.> lO's 10T9 lo'a 10\ if is Cincinnati... I^ulsville.... Tues. 11 11 im Ills FOB MIDDLraO COTTON OK— [Vol. sixty-five hundredths of an inch. Brenham, Texas. —The weather has been warm and dry all Rain is desired. Crops promise fair. The thermometer has averaged 86, the highest being 9S and the the week. lowest 72. Last week the weather was dry and warm. Crops were promising, but would soon need rain again. Average thermometer 84, highest 97 and lowest 69. Rainfall for the month of June two inches and forty hundredths. Belton, Texas. We have had no rain all the week but will soon need some, as the heat is terrific. Fields are clean. The termometer has averaged 86, ranging from 73 to 103. Last week we Iiad showers on two days, and the rainfall reached fifty hundredtlis of an inch. Prospects continued good. The thermometer averaged 84, ranging from 68 to 98. The rainfall during the month of June reached one inch and eight hundredths. Weatherford, Texas. The weather has been warm and dry all the week. It is very hot, but prospects are good. The thermometer has ranged from 70 to 101, averaging 85, The weather was warm and dry all last week. Crops were growing beautifully. The thermometer averaged 83, the highest being 95 and the lowest 66. Rainfall during the month of June tliree inches and twelve hundredths. Dallas, Texas. No rain all the week. good shower is wanted. It is stifling hot. The fields are clear of weeds. Average thermometer 88, highest 105, lowest 74. No rain last week. Crop accounts were more favorable. The thermometer ranged from 70 to 100, averaging 86. During the month of June rainfall four inches and eighty-seven hundredths. Coluinhia, Texas— \Yaxm. and dry all the week. All crops are very fine. The thermometer has averaged 84, the highest being 98 and the lowest 66. Last week it rained on four days and the rainfall reached one inch and eighty hundredths. 'Rain was beneficial to most crops, but engendered fears of cotton worms if continued. Everything very promising. Average thermometer 83, highest 93 and lowest 71. Rainfall during June one inch and fifty hundredths. JSew Orleans, Louisiana— It has rained on three days of the week, the rainfall reaching two inches and six hundredths. The thermometer has averaged 85. Shreveport, Louisiana.— We have had clear weather all the week, with very light winds, and the temperature has ranged unusually higli. The crops are reported good everywhere, and the roads are in fine condition. The thfTmometer has ranged — — — from 76 to 104. A — Vioksburg, Mississippi. With the exception of severe rain on one day, the week has been pleasant, dry and warm. The rainfall reached one inch and ninety-five hundredtlis. The thermometer has ranged from 75 to 97. Meridian, Mississippi.— It has rained on one day of the week. Good progress is being made in cleaning the fields. The thermometer has ranged from 65 t? 103. Greenville, Mississippi. It has rained lighllv on two davs of the week, the rainfall reaching one inch and forty-eight hundredths. The thermometer has ranged from 73 to 99, averaging 86. Columbus, Mississippi.—We have had unusually severe rain on two days of the week, and weeds are becoming troublesome. The rainfall reached two inches and seventeen hundredths. Average tliermometer 83, highest 93 and lowest 08. Little Rock, Arkansas.— Ot tlie past eight days Tliursday. July 3, was cloudy, with a heavy rain, and the remainder of the time the weather has been clear and very liot. The rainfall reiiched one inch and eighty-tlu-ee hundredths. Crop reports are generally favorable, except from the Southwest pai of the State, where uplands are suffering for rain. The thermometer has averaged 83, the highest being 98 and the low- — Indianola, Texai.—'We have had no rain during the week and are needing some, but not badly as yet. The thermometer has averaged 85, the higliest being 98 and the lowest 76. est 69. Pine Bluff, Arkansas.— Telegraxa. not received. Last week we had showers on two days, and the rainfall Fort Smith, Arkansas. We have had rain on one day of reached two hundredtlis of an incli. Crops were promising. the week, the rainfail reaching eight hundredths of an inch. Average thermometer 84, highest 93 and lowest 76. Rainfall Crop prospects are fine. The thermometer has ranged from 7* for tlie month of June seven inches and thirty-one hundredths. 1 — July THE CHRONICLE. 12, 1884.] Helena, Arkansas. —Wo liavo twenty-five hun<lredths of an inch, t^rop accounts were mori! favorable. The theriuometer averaged 77, and ranged from 70 to 89. —Telegram not received. Terme.ssee. — Wo have had light showers on two Newport, Arkansas. ilemphis, days of the week, the rainfall reaching thirty-seven hundredtliH of an inch. Crops, though late, are making good progress. The thermometer has averaged 8:!, ranging from 73 to 1)6. Last week we had rain on two days, and the rainfall reached one inch and twenty-four hundredths. Cotton blooms were numenms; the first wius received at Memphis on Monday, Juiu' *). and came from Holivar County, Mississippi. The thermometer ranged from OS to 9;{'5. It rained on si.xteen days •luring the month of June, and the rainfall reached seven hiches and thirty hundredths. Tiie thermometer ranged from 60 to 96, and averaged 76. Nashoille, Tenne.ss'e. We have had rain on four days during the jiast fortnight, the rainfall reaching one inch and forty hundredths. We are liaving too much rain. The plant is small and the crop very grassy. The thermometer has ranged from 0:! to 94. averaging 78. Mobile, Alabama. It has been showery on two days of the week, the rainfall reaching twenty-six hundredths of an inch. •Crop accounts are more favorable, good progress is being made in cleariiiK the fields, and the crop is developing promisingly. Average thermometer 79, highest 9,5 and lowest 69. Moiitfiomerp, Alabama. It Ins rained on four days of the week, the rainfall reaching one inch and seven hundredths. Tliere are re|X)rts of some damage from too much r.ain in a few localities, but the prospects are generally favorable. If rain ceases now a good (toj) will be made. The thermometer has Averaged 79-3. Selma, Alabama. ^We have had rain on two days, the rainfall reaching one inch and fifty-eight hundredths. We hear rumors of the appearance of caterpillars, ))ut think them of very little importance. The thermometer has averaged 79, ranging from 66 to 89. Madison. Florida. Telegram not received. Maoon, Georgia. It has been showery on tliree days of the week, and it is now warm and cloudy. We are having weather generally favorable to cotton, and crop accounts are improved. Good progress is making in clearing the fields. Average thermometer 77, highest 88 and lowest 60. Columbus, tieorgia. We are having too much rain, and weeils are growing so fast that they are becoming troublesome. The rainfall during the week reached one inch and ninety-one hundredths. Should t'ne wet weather be followed by drought, damage by shedding would be great. The plant is reported large, but poorly fruited. The thormometer has averaged 81, the highest heing 93 and the lowest 73. Savannah, Georgia. It has rained on two days of the week, and the remainder of the week has been pleasant. The rainfall reached forty-nine hundredths of an inch. The thermometer has averaged 81, the highest being 90 and the low- — — — — — — — — est 68. —^We had light rain on two days in the «arly part of the week, and the rest of the week the weather has been favorable and hot. The rainfall reached forty-four hundredths of an inch. The crop is developing promisingly, «ud accounts are excellent. The thermometer has ranged Augusta, Georgia. from 6.5 to 91, averaging 79. — Atlanta, Georgia. We have had rain on one day of the week, the rainfall reaching thirty-six hundredths of an inch. The weather is now warm and cloudy. Average ther- mometer BOMBAY RBCBtrrs hnd showers on two days, anil the r<Mimin(l(>r»f tlio wct-k 11:11 Ix'on ploiisant. Tho rninfall Good progress is boin;; rcaclioil oni- inch and ton liuridrodths. made in olearinK tlie fidd.s of weeds and grass. Average thermometer 8:?, higlieiit !W, lowott 72. Last week wo had rain on one day, and the rainfall reached 77, highest 89 and lowest 63. Charleston, Houth Carolina. It has rained on four days of the week, the rainfall reaching one inch and sixteen himdredths. The thermometer has averaged 80, the highest being 90 and the lowest 69. Volnmbia. South Carolina. Telegram not received. The following statement we have also received by telegraph, showing the height of the rivers at the points named at 3 o'clock — SMprntnii ikit 10, 1884, and July 12, 1883. Jiill/ 10, '81. 2,000 8.000 9.000 3,000 1.000 rotm tiam. Skipmtnl* nnct Jan. Ortat Total. Brltain OonttBrit'n. nenl. 1881 1883 1882 1881 A!fD BHiriiaim roil \ottk. rear Qrecu Oontintnt. 1. W«w OrleanB Below hl);li-wat«r mark Memphis........ Above low-water mark. Nashville ........Above low-water mark. 'eiirevuport Above low-water mark. VlnkabiirK Above low-water mark. 16 Feet. 3 11 (i 5,000 102,000 5H2,O00 1,011,000 121.000 7.5',!,OO0 1,173.000 Tuticorin, Kurrachee 11 1 23 5 3 13 10 11 7 3» Orleans reported below high-water mark of 1871 until Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-lOths of a foot 1871, or 16 feet above low-water mark at tliat point. India Cotton Moveme.nt from aix Ports. — We have re-arranged our Indiii service so as to make our reports more detailed and at the same time more accurate. had found it impossible to keep out of our figures, as cabled to us for the ports other tlian Bombay, cargoes wliich proved only to he shipments from one India port to another. The plan now followed relieves us from the danger of this inaccuracy and keeps the totals correct. first give the Bombay statement for the week and >ea.r, bringing the figures down to July 10, We We 0,000 1,503.000 4.000 1..'. 15.0(0 753,000 12.000 1 ,009,000 and Coconada. Shipment* for tht Britain. Calcutta— 1881 1883 Shipment! Hnee January xeeek. Oonlinent. (treat Oreat Britain. Total. OonUne?U. 1. Total. "400 "406 87,500 73,100 41.200 10,800 12S,700 84,200 500 500 13..500 4,700 1.600 1,000 15,100 5,700 13,500 7,500 9.200 2,000 22,700 9,500 111,500 t5,600 .-2.000 166,500 99,400 Madras— 1881 1883 All otliers— 1881 1883 Total all- 500 100 1881 1883 500 400 13.800 The above totals for the week show that the movement from the ports other than Bombay is 100 bales more than same week last year. For the whole of India, therefore, the total shipments since January 1, 1884, and for the corresponding periods of the two previous years, are as follows: EXPORTS TO EUROPE FROM ALL INDIA. 1883. 1881. 1882. Shtpmenlt to all ThU Europe from— Keek. Bombay All otlior ports. Total ThU Since Jan. 1. ThU Since Jan. week. Since Jan. teeek. 1. 1. 5,000 1,044.000 500 186,500 12,000|1, 173.000 40O| 99,100 17.000 1,255,000 1,500 212,000 5,500 1.210,500 12,400 21,500 1,167,000 1 ,272,100 This last statement affords a very interesting comparison of the total movement for the tliree years at all India ports. — ALEXANDRIA RECEIPTS AND SHIPMENTS. Through arrangewe have made with Messrs. Da vies, Benichi & Co., of Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for the corresponding week of the previous two years. ments Alexandria. Egypt, July 9. Seoeipt.'i icantara*)— This week.... Since Sept. 1 2,64i",6oo ThU 1881-82. 1882-83. 1883-84. week. Sept. 2.83i',7iii 2,25i',6'oO Since 1. 1 I ThU ThiM Since meek. Sept. 1. Sinee teeek. Sept. 1. Etports (bales)— 'To Liverpool..-.. .... To Continent Total Europe * A cantar is 93 251,000 133,000 2,0C0 233.000 1,000 87,000 245,900 176.271 389,000 3,000 323,000 122,1'n lbs. This statement shows that the receipts for the week ending cantars and the shipments to all Europe July 9 were bales. — Our report received from Manchester give the prices for to-night states that the market is flat. to-day below, and leave previous weeks' prices for comparison. Manchester Market. We 1883. Ineh New above /an. I. l-.'.OOO 1.000. 19.000 ll).O00:2.~>2,0OO|.501,OOO 1 1 14 Urxt Week. July 12, 'S3 Ineh. 5 TMt {).000|17,000 61li;.OOOJ5.->!».000 1,2.55.000 15.000 1884. Feet. Rtteipta. Total. Accordmg to the foregoing, Bombay appears to show an increase compared with last year in the week's receipts of 8,000 bales, and a decrease in shipments of 7,000 bales, and the shipments since January 1 show a decrease of 129,000 bales. The movement at Calcutta, Madras and other India ports for the last reported week and since the Ist of January, for two years, has been as follows. "Other ports" cover Ceylon, — July 63 32< Oop. 8Hlb: TurUt. ShirtiTige. d. May 9 <S. s. d. K. d Oott'n UitI Vplila d. » 9>9'6 8<s»7 3 C-iis ® 918 5 8>aa7 3 eu » 9>4 5 S^a? 3 ^;s^« « 9m5 8>sa7 3 63« 9 9>45 8>2»7 3 6% 8^ 9 9>45 8Si97 \H 67,9 SOg "r^i, 8»8 " 23 S!li " 3U an Juno 6 8H " 13 " 20 8»8 " 27 8=8 Julys •• 8»B 11 3»B » 91s « 9% 9 9% » 9>s 5 5 5 5 7>«i»7 1 Q% 7 1 «'>I8 66 i« 7 7 97 •? »7 1 1 6»ie 8k 32> Oop. d. 8<<8 » d. s. d. 9ii'5 10 8lii„a98,„,5 10 .••% « 91a 5 10 8t>isa 914 5 9 9ie5 9 8»R » 8!>b9 9>e5 8»8 9 9k 5 8>s 9 914 5 8>« 9 914IS 9i«'5 83g • OoUn Jte. Shirtingi. IvoUt. 9 9 g 9 9 B. «7 »7 •? •? 91 97 97 97 97 97 — d. 41* 4I3 4>« 3 m l>a uia. JTpUl d. Sl?«« 5i»l« 58 5% 5?} 3 Sm"« 5"l« 3 3 5i'' 1<< &>• 5»I«il Eorope.vn Cotton Consumption to July 1. By cable 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 as to-day follows: — — THE CHRONICLE. 64 From Oct. 1 to July Qreal Britain. 1. spinners. .bales . Average weight of bales Takings in pounds 2,709,000 2,496,000 5,205.000 429 426 458 1,162,161,000 1,063,296,000 2,225,457,000 For 1882-83. 5,538,000 2,860,000 2,678,000 Takings by spinners. .bales 433 443 . 424 Average weiglit of bales ... 1,186,571.000 I,912.fi40.00 2,393.21 1.000 Takings In pounds . of the deliveries According to the above, the average weight in Great Britain is 429 pounds per bale to July 1, against 443 pounds per bale during the same time last season. The Continental deliveries average 436 pounds, against 434 pounds last year, and for the whole of Europe the deliveries average 428 pounds per .bale, against 433 pounds during the same period last season. In the following table we give the stock held by the mUls, their takings and their consumption, each month since October 1, aU reduced to bales of 400 pounds each for this season and last season. It is a very convenient and useful summary: Oct. 1 to July 1. Bales of 400 lbs. each. 1882-83. 1883-34. Oreat Great Conti- Britain. nent. Continent. Total. Britain. Spinners' stock Oct 1. Takings in October... 98. 323, 341, 176. 442, 499, 233, 139, 149, 221, 382, Total supply Cionsump. Oct., 4 wks. 4'.il, 292, 520. 268. 941, 560, 315, 288, 288, 260, 648, Spinners' stock Nov. 1 Takings In November. 129, 386, 252, 335, 381, 721, 27, 28, 387, 320, 55, 707. 515, 365, 587, 33?, 1,102, 700, 414, 360, 348, 325, 762, 685, 150, 248, 252. 301, 402, 549, 54, 23, 301, 351, 77, 652, Consnmp. Dec., 4 wks. 398, 285, 553, 268, 951, 553, 355, 288, 374, 260, 548, Bplnners' stock Jan. 1 Takings In January.. 113, 285, 356, 398, 800, 67, 444, 497, 114, 390, 181, 887, 557, 350, 611, 330, 1,198, 564, 360, 504, 325, 1,068. 680, 207, 347, 311, 2S2, 518, 629, 204, 336, 179, Takings in February. 341, 383, 677, Total supply Oonsump. Feb., 4 wks. 554, 284, 593, 264, 1,147, 548, 540, 277, 520, 260, Bplnners' stock Mar. 1 Takings in Marcli 270, 333, 329, 294, 599, 627, 263, 286, 260, 263, 523, 519, 603, 292, 623, 1,226, 2ti4. 511, 549, 286. 523, 260, 1,072, Oonsump. Mar., 4 wks. Bplnners' stock Apr. Taldngs in Ainll 1 311, 321. 359, 323, 670, 644, 263, 429, 263, 394, 526, 823. Total supply Consump.April, 5 wks 632, 365, 682, 342, 1.314, 707, 692, 357, 657, 310, 1,349, 697, Spinners' stock May 1 Takings in May 267, 320, 340, 321, 607, 641, 335, 255, 317, 436, 652, 691, 587, 292, 6G1, 272, 1,248, 590, 286, 753, 268, 1,343, 564, 295, 184, 389, 270, 684, 454, 304, 242, 485, 387, 789, 629, 479, 292, 659, 272, 1,138, 564, 546, 286, 872, 268, 1,118, Consump. June, 4 wks Bplnners' stock July 1 187, 387, 574, 260, 604, 861, 000s omitted. Total supply Oonsump. Xov., 5 wks. Bplnners' stock Dec. 1 Takings in December. Total supply Total supply Oonsump. Jan., 5 wks. Bplnners' stock Feb. 1 Total supply Total supply Oonsump. May, 4 wks Bplnners' stock June 1 Takings In June Total supply A more striking compairison bringing together the ab<jve weekly consumption up to Oct. 1 to July Batet of 400 w ith tot<lis 32, each. 000s omitted. Total. 603. 72v). 685, 1,060,' 537. 546, 554, 554, year is reach(3d by and adding the av erage last this tinle for tlle two y ears: 1883-84. 1. 1882-83. lbs. Qreai Britain Oonli- nent. Total. Qreat Britain Continent. Total. Bplnners' stock Got. 1. 98, Takings to July 1.... 2,906, 344, 2,658, 442. 5,564, 2,966, Bapply 3.004, Oonsumpt'n 39 weeks 2,817, 3,002, 2,615, 6,006, 5,432, 3,048, 2,788, 3.170, 2,566, 6,218, 5,354, 187, 387, 574, 260. 604, 804, 73,0 73,0 71,0 70,0 71,0 73,0 73.0 73,0 73.0 67,0 67.0 67,0 66,0 140,0 140,0 138,0 136,0 137,0 139,0 141,0 141,0 141.0 72,0 72,0 72,0 72,0 72,0 72,0 72,0 72,0 72.0 65,0 65,0 65,0 65,0 65,0 65,0 67,0 67,0 67.0 137,0 137,0 137.0 137.0 137,0 137,0 Bplnners' stock July 1 82, 139, 3.031, 221, 5,!I97, fletkly Consumption, 00s omitted. In October In November In December In January In February In March In AprU In May Tn .Tune 66,0 66,0 68.0 68,0 68.0 . IX. in For 1883-84. TaUngs by JC The foregoing shows that the actual weekly consumption Europe during June was 141,000 bales of 400 lbs. each, against 139,000 bales of the same weights at the corresponding Total. Continent. [Vol, 139,0 139.0 time last year. New York Cotton Exchange.— Monday next, July the day appointed for the first call of print cloths. low the first cotton call, and another call will be 14, is It will fol- made after the third call for cotton. First Bales of New Cotton and the National Cotton Exchange. As the time when new first bales of cotton are — rapidly approaching, it is proper to call the attention of those interested to the action taken by the National Cotton Exchange at their sixth convention, held at Old Point received is The subject was Comfort, Va., July 18th and 19th, 1883. introduced by Mr. Seeligson, of Texas, who at the same time submitted a sample of a reputed first bale of cotton of that year's crop which might be called anything but cotton and as he desired to condemn the practice of getting up bales of that sort, presented the following resolution: Whereas, A sample of the first new bale of cotton received at the city of New York from Texas, July i2,has been exhibited on the floor of this Exchange, showing conclusively that it was picked when unmatured, and believing that cotton so marketed is calculated to mislead the cotton interests of the ; country, therefore be it Resolved, That the National Cotton Exchange recommends to the Cotton Exchanges of the United States, that a new bale of cotton shall be so classed only when it is fully matured. That any cotton found in such bales not fully matured shall be considered good grounds for its rejection. All tiist new bales received from any State shall be submitted for examination to the Committee on Classification at the Exchange where received, and their decision of acceptance or rejection shall be final. No one will deny the wisdom and justice of the above resolution, and it should have the effect of putting an end to the questionable practices which have obtained in former seasons. The resolution is aimed both at " bogus " bales and also cotton picked before maturity. The Georgia bale received at Savannah, July 6, 1883, was generally acknowledged to be a and a bale that was received in this city from Houston, Texas, was " gin cut " and quite wet, being picked before maturity. These so called new bales do a deal of damage to the fraud, cotton interest and hereafter will, owing to their failure to receive the approval of the Cotton Exchanges, have no standing as such. National Cotton Exchange Crop Report for July 1. The National Cotton Exchange issued its report for the month of June on July 8, and it is summarized as follows: The weather conditions during June have been exactly reversed from those of May. The Atlantic and Eastern Gulf States now report an excess of rainfall. * • « On the other liauu the district west of merldiau 13. emhracing the bottom lands of Slisaissipi, the States of Arkansas, Louisiana and Texas, have bad a liclit fall, and that distributed in timely showers. The Western half of the cotton belt 1ms. therefore. Improved in condition very much. The dry weather has facilitated the fields are pretty farm work, and, except in Texas, clean and the plant healthy and growing well, though late by flfteen to thlity days. In Texas, work is nut so well advanced, owing to the very foul condition previousl.v !\nd the necessity for so mucli re-planting, and the crop there is about the latest in many .years. In this section tlio condition is, therefore, much better than in .May, but not much, if any, above last year; and the stands are on the wliole rather inferior. In Alal)aina and the Atlantic States the lands were well cultivated when the rains set in, the crops were clean and the ground in a good condition to receive moiotuie. The rainfall, while more than needed, has not seriously damaged the crops or jiut them verj badly in grass, except in portions of Georgia; and while the fields now need the plow and hoR, and the situatiim is sojnewhat critloal, the reports agree in stating that with a week or ten d.-iys' dry and warm weather, they would be put in good trim The plant lias suffered some from the continued low temperature, which lasted until the 15th or 20th. the cold l)eing suflicieut for fires toward the North, with licht frosts In Virainia and North Carolina; but the last ten days were warmer and the growth more rapid. In this section the plant is. as a rule, not so late as west of the river, but is still backward leu to twenty days, but is looking well, though small, and the stands are generally pretty good, much of the late planting Laving germinated and come up during the e irly part of June. • * " Takmg tliB whole cotton belt together, the eoudiiion ina.v be repi'oseuted as lietter than at the close of May and a trifle superior to last year, with prospects, however, largely dependent upon early cessation of rain in tlie Atlantic State,"*, and the crop, owing to latenessand deficient growth, sulyect to serious loss from an early frost or even one at average' date. The Agricultural Depart.ment's July Report. —The following statement, showing the condition of cotton, was issued by the Department of Agriculture, July 10. The report of the Department of Agriculture for July relative to cot ton represents that raius have been excessive during June over th. entire bieadth. the temi erature low. the plants too siuculent. and generally late for the season. In some plae.es almost daily raius have ocomrcd for two or three weeks. The fields are necessarily grass.v. in some cases the plants are smothered, and the aphis is l>ecuming al»uudant. There is some complilut of shodrtliig forms as the result of these oonditicms. A statement received from the Signal Service Office shows that the mean temperature for June was about 3 deg. below normal at WilmingKm. 5 deg. at Charleston, and (in the interior) 4 dog. at Chailotte and 10 deg. at Atlanta. Beyond the Mississippi the depression was from 1 deg. to 2 degs. With Bcasoualile weather hereafter the condition will improve. With drought following exposure of such succulence by clean cultivation serious Injury would result. There is nothing at present to render a fair crop Impossible, but the next sixty days will be awaited with interest if not anxiety. There has been some planting In June, especially in Louisiana, M . .. THE CHRONICLK 18. lf«4.| Jut.Y 65 day of the month in 1888 and 163,041 bolea more than thej were to the same day of the month in 1883. We add to the table the percentages of total port receipts which had been received C'onclitliin In Kloriaii mid Alitliiiiiiit reinHlnit in each of the years namnl. to July It wiut liiKlx'Ht 111 AUKiiHt. an In Jiiii(<- In the Atliintlr ^tiiti-s. MiMi'l'"<l|>iil iiiiil TennODROO It biiH Butts, Baooi.no. Etc.— There hiw been rather more Jute iidviinri'd. Tbe aTeravpn lin« MlflslsBlppI It the of iinrt w™t dcpllnod, doing since our last report for bagging, and the market is benro- Viri-'lnlii. 87; North Carollnn. 87 H<iiitli CurollnH, 93: Oeorijlu, wliorixivmllows proTciitrd gcrdluB. The seneral averaaeor oonditlon pnlui lower timii In .Iiino-86 l«»t«8d of 87. Lust Jnir It waa 90: Hilt III 1m81 It w«« (W. fnllliiK IlicTPiiflpr U) OH 111 111 IHH'L* It wiiN !i'J. OctoluT. (•(inilllloii Im tfi'iHTally lilitlu'st ln.riily. lint In 1hM(I iiiirt lf»H'J In Olio 1 1 ; Misalssippi, 83; Loulslunu, 74; Tcxae, ilU; Florlil*. 99; Alaliauin, 93 HO; Arknnsas, 88; TrnncsHnn, 89. The June and July condition figures, compared with the June and July figures for previous years, are aa follows: ; 1884. 1880. 1881. 1882. 1883. 1879. Slatfs. s bagging qualities. Shippino News.—The exports of cotton from the United 94 92 101 98 104 93 104 99 94 81 States the past week, as per latent mail returns, have reached 98 98 97 93 go 22,4.5.5 bales. So far as the Southern ports are concerned, these 99 90 92 95 01 are the same exports reported by telegraph, and published in 96 88 92 100 102 102 96 93 96 90 94 94 96 99 99 92 00 96 97 96 9h 03 89 89 106 111 94 90 90 92 100 104 100 103 93 lO.'i 99 103 94 101 N. Ciirolluii 9. Caroliiin (iporffia .. .. Klnrlda.. . Alabama . 87 89 87 86 . MIsBl-Hlppl Louifiiaua . 9ll 91 . 03 -9 Texan Arkan.'tm' 87! 84 . 83 78 Tennedser Average 8 7! sti' 86i 90 89 92 93 99 100 96 93 95 The average given above for all the States is the average as given by the Department. Louisiana Leoislatcre and Future Contracts. A bill — to declare contracts for sale of articles for future delivery, made under certain circumstances, to be unlawful, and to provide the remedy for such cases, has been passed in the House and is now before the Legislature it is the bona actions are brought into court to enforce such contracts, tlie burden of proof eliall bo upon 'he pliiinttfT to show that it was the bona llde intention of both i.artles that said commodities acreed to he sold and transferred should be a< tnally delivered and received In kind. Bee. 3. If any persnii shrill pay over to any one any sum or money for of such contracts ho shall be at liberty within loss sHst.nined iiv reus three months next ensuing to recover the amount so lost and paid, with costs of suit. See. 4. Any person liable to be sued shall ansirer upon oatn gucii orders as shall be made against him. eec. 5. All notes, bills, iwnda. Judgments or other securities given or executed by any i)erson for the whole or any part of the consideration or such conveyances, or securities for such contracts shall bo utterly If m elfect. Compaeattve Port Receipts and Daily Crop Movement. by weeks not accurate, —A compjirison of the port movement not end on the same day of is as the weeks in different years do the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative movement for the years named. The movement each month BJtice September 1, 1883, has been as follows. Year Beginning September onlMy 1883 1881. 1880. 1879. 1878 326,656 429.777 853,195 458,478 968,318 333,643 888,492 942,272 956,464 647,140 288,848 Bept'inh'i 343.812 ,046.092 980.584 ,030.380 1,094,697 ,059,653 1,112.536 ovemb'r Oeoemb'r Jamoary . VBbmary.i Mtuoh..., Apdl.... ItV ! June ' 487,729 38S,93S 241,514 111,755 45,918 31.632 1. 1882. October., 752,827 595.598 482.772 281,519 185,.523 78,501 Llverrool, per steamers Alaska. 2,146 974,04:i 1.006,501 996,807 1,020,802 487,727 571,701 291,992 572,728 257,099 476,58i 147,595 284,246 1 13,573 190,054 68,679 131,871 I 447,918^ 264,913 158,025 110,000 88,455 689,2t.-l 779,237 893,604 618,727 566,824 303,955 receipts .Tiiue 30.. 84,299 29,473 i 97-91 9788 ! 96-72 96-71 9942 This statement shows that up to June 30 the receipts at the ports this year were 1,109.743 bales less than in 1883-83 and By adding 163,980 bales more than at the same time in 1881-83. to the above totals to June 30 the daily receipts since that time, we shall be able to reach an exact comparison of the movement for the different years. 1883-84. 1 1881-32. 1880-31. 1879-80. 1878-79. IM.Jn.30 4,784,473 5,894,216 4,620,187 5,681.281 4.837.328 4,421.749 JtUy 1.... 1,945 - 2.... " 8.... 193 685 " " 4... 1.124 3,185 2,287 1,719 B.... 211 606 " " 1 1832-83. •' 6.... e. 7.... 255 8.... 1.824 1,238 " 9.... " 10.... " 11.... Total 903 1,993 8. 2,949 1,620 8. 1,060 2,601 816 2,403 8. 1,733 1,236 464 1,395 2,353 1,168 8. 586 1.006 3.402 2,701 3. 1,763 2,855 4,003 3,880 3,961 3,030 B. 2,731 1.904 2,902 1,521 a. 2,624 1,530 1,764 2,068 •4,563 2,232 8. 343 271 1,54S 629 414 98-15 730 900 VInoenzo 1,5.59 2,511 . 22.455 Total The particulars of these shipments, arranged in our usual form, are as follows: Bremen Liverpool. Kew 97-20 97 13 Ball it <C- Jlam- Leilh. Havre, burg. 2,566 Yorh. 13,052 PMladelp'a 2,511 1.037 100 15,563 1,037 100 2,566 Total... Antwerp. Reval. Genoa. Total. 7i>0 900 1,559 19.944 2,511 900 730 1,5.39 22,455 Below we add the clearances this week of vessels carrying cotton from United States ports, bringing our data down to the latest dates: Ort.eans— For Liverpool- July 7— Steamer Bernard Hall, 4,767 July 8 -Steamer Peconic, 2,017 July 10— Steamer Chancel- New lor, . For Barcelona- July 5— Bark Allna, 1.258. For Malaga— July 7— Baik Bris:ol, 1,900. BOSTON— For Liverpool— Jiily 5— Steamer Bulgaria'?, 205 July 8— Steamer Iowa, BALTiMOKK— For Liverpool— July 7 Steamer Caspian, 303. For Bremen— July 3— Wteaoier America, 554. Philadeu'Hia— For Liverpool—July 8— Steamer Indiana, 940. Below we give all news received to date of disasters to vessels carrying cotton from United States ports, &c VISCKNZO FLonio, steamer (ttal.), Caflero, for Gibraltar, Marselllea «fec., while proceeding to sea, July 9. touched tin Dimond Reef, East River, and put into the Krie Basin, leaking in compartment No. 2. She discliiirged cargo from Irijured compartment, and will probabli" proceed early next week. Gexitori T\k\ho(;;hiv, bark, before reported at Copenhagen in distress. Advices from Copenhasren. .June 24, Ktat<* that the cotton cargo of bark Ueuitori Tar»hoeUiji. froiii New Orleans for Keval. in distress, will have to he trans-shipped to aestinatiou by Uuuigh steamer Jylland; vessel will have to be repaired here. Cotton freights the past week liavB been as follows: . Satur. — Man. Uveri>ool, steam d. rue*. Do "u* 8Bil...«J. Do .... Wednef Thuri. JH. 3l«* »16' "is* .... .... 39' %• sail %• e. Sremen, steam, .e. Do saU e. Hambnrg, ateam e. Do 8aU...e »8- ^ H' •u' "is* . Imst'd'm, steam.e. Do sail...!;. .... V V e. if 2 s ta % .... .... 38..-. .... Bis' 'u' »16* 38" V V H" .... Reval, steam... d .... .--, ... w >.•• V .... .•• >»» 'it' .... 'aa* 7sa* daroelona.steam.e. M' H' V M' aenoa, steam. ...e. 'is- •"is* Ma" ...e. he'u' 7l«- ^l.' "..• ».»• "i«»,.• 'is- Intwei-p, steam.. e. »l.- "tsav uo sail rrleste, « steam .... .... e. V Jl.®"** 'oiiipresBod. — Liverpool. By cable from Livei statement of the week's sales, stoc' add previous weeks for comparison. June 20 1,112 334 563 322 287 Percentag 6 of total 98- 19 2,316 we have the following &c., at that port. 1, We 8. 1,794,874 5,911,065 4,632,833 5,709,613 4,858,436 4,427.572 port reo'i ts .Inly 11 250 leasing, 167,45!) Totalyear 4,784,473;5,sg4.21ti 4.620,437 5.681.281 4,837.328 4,421 749 I 100 Havre, per steamer St. Germain. 100 To Bremen, per steamer Werra. 2.">0 To Hamburg, per steamers Haminonia, 1,158 ti08... Rugia, 5.50 To Antwerp, per steamer Rhynland. 730 To Reviil, per steamer Ueiser, (too To Genoa, per steamers Independento, 431 •lo Oavre. steam Porc'tAgt) ottot. port! btilei. Aiir- ania, 8 1«.... Catalonia. 1,860. ...City of Chester, 1,918 ... City of Chicago. l,798....nalton. 2,714. ...Egypt, 1.182 ....Republic, 688 13,052 To Hull, per steamer epanto. 937 937 Tol/Clih, iier steamer Critic, 100 100 flilc be iiiiiawful. Beeeiptt. Total Nkw York—To PaiUiDKU-HiA—To Liverpool, per steamer Lord Oongh, 2,511.. intention of I'Oth parties to BCiniiUv (Ifllver and lueeivo cotton, grain, meats, or aniniiil, mine al or veKi'tiil")!!' product contracted for future delivery, sucli comracta shall void and of no with regard to New York we the Chkdnicle last Friday. include the manifests of all vessels cleared up to Thursday night of this week. Florlo, 1,1-8 : 8oc. 1 eniicts that unless Sei-. 2. Dealers are looking for more to show some activity. Business and are showing more firmnesH, and an advance is At the cloHethe figures are O^^c. for IJ^ lb., being looked for. 10c. for i;),t lb., lO-^^c. for 2 lb. and 11 (^c. for standard grades. Butts are coming to hand iiuite freely, but with rather more inquiry prices continue steady, and though the lots are small the aggregate amount placed is gotxl for the season, and sellers are (juoting 2@2i^c. for paper grades and 3%@2^c. for ginnmg 9955 This statement shows that the receipts since Sept. 1 up to to-night are now 1,116,191 bales less than they were to the same Sales of the week bales. of which exporters took or which speoolatora took Sales American \otaiil export Forwarded Cotal stock -Rstlmated Of which Amerlcao— Eatlm'd Import nt zhe week Of whioQ Anertoan. .. A nonnt aflnni ratal 44.00< 3 8^ 1,700 27.0' 4.30O 7.40< 893.0O1 59!t,0O0 41.001 June 27. 43.0O0 3.300 I. Oil' 31.000 5..il>0 5,100 871.00< SkI.IKX 29.00* Julv*. 60 000 4.100 •1.700 4i,0<i0 .5. 0'> 6.-^00 S57,00 5) 2.O0O 5'i,<HMJ •il.OOi lfl.OO< ;i.70o 207,0O< 2I2.00< Hl.iVV 205.' Oit 40."<wi i9.< 0«t July II. 34.000 1. 000 1.000 23.000 6.000 11,000 887,000 06I.OOO 77.000 33.000 144.000 34.UOO — B . .. . » . .. a ' THE CHRONICLR 56 market for spots and futures each prices day of the week ending July 11, and the daily closmg of spot cotton, have been as follows: The tone of the Liverpool ^^^ [Vol. for July, COJ^c. for delivered, 60c. at Gli^c. mixed closed XX2IX September and 61J^c. for October. These than a week ago for August and 1 to 1,14c. lower V^c. are prices lower for later deliveries earlier deliveries are firmer than August, for 60;'Xc. ; Spot. Market, 12:30 P.M. favor. lower. 6»in 65l6 6'ie 65,6 6li6 8.000 1,000 5,000 7,000 500 500 Qnlet and unchanKed. Dull at 2-64 de- 5,000 Bales 300 epeo.&exp. 1 utureM, Market, .t, 12:30p. Very ( qui't Quiet but Market, p. M. In buyers In buyers liinited. Hid Upl'ds Fnday. Dull Dull DGmand ftud.Orl'nB 4 Wedne.'. Thursd'y. Saturday Mondtiy. Tuesday. and favor. Very and dull. In'.ctlve. 6I4 638 evi 638 63iB 65, 7.000 5,000 8,000 1,000 Dull Dull cline. and unchanged. inactive. Bteady. Easy. Steady. Quiet. The opening, highest, lowest and closing prices of futures at liverpool for each day of the week are given below. These prices are on the basis of Uplands, Low Middling clause, unless otherwise stated. f^'THeprieet are given in pence and Biihi.lliut: 5 62»i«»n«5 62-fl4d., ana 6 03 meant 6 3-64d. Julys. IHon., Open High Low.\CUia d. d. 6 17 6 19 September.. 8 21 i)ept.-Oot... 6 17 Oct ..Not... 6 04 101 NoT.-Dec Jaly-Aug. Aog.-Sept . Dec- Jan 1 j j ! d. Open'Hifih Low. dot. d. d. 6 21 621 a 17 617 6 04 a 01 6 04 aoi 615 8 15 615 6 15 617 6 17 6 19 619 615 8 15 603 6 03 S63 5 83 600 600 6 00 5 63 17 617! 617 6 a 19 6 21 6 17 n 6 17 eot 6 17 July d. 6 01 617 619 6 19 July 7. 5 62 It. d. 8 14 8 14 614 618 814 8 18 618 614 614 6 18 1 8 03 5 62 5 61 d. 6 11 6 6 14 6 18 U d. d. U 611 8 11 6 14 6 11 6 14 6 16 8 12 8 616 613 6 12 6 00 5 61 5 59 6 60 5 59 5 60 Clot. d 811 6 11 6 14 6 16 511 6 12 6 00 5 60 5 59 5 80 5 60 6 00 800 560 5 60 580 6 03 5 62 eoo 6 CO 6 00 6 00 J«n.-Feb.... Toes., July 8. Open High Low. 5 closing quotations: No. 2s'>ring...» bbl. $2 15» 2 5.9? (fo. 2 winter 2 60 a Supertlne Ipring whe&t extras. 3 25 a Minn, clear and stra't 3 75® Winter ahipp'gextras. 3 00» Bteady. Sat., Rye has been quiet and without features of special interest. Oats closed more steady, though only moderately active. No. 2 mixed sold to-day at 36@ 303^0. for July, 33;'4@34c. for August, 33@ 331^0. for September and 33;:=8C. for October. The following are Firm. and then. and clear Winter Patents, spring $4 75 9 6 35 Patents, winter City snipping o--r..ra8.4 90» 5 00 Soutliem bakers' and 5 50 Boutli'n stlp'g extras Bye Hour, superfine. 475» 6 00 4 00 5 25 4 00 a 4 40 family brands 3 50 . Com meal— Western, Ao 50a 5 7.5 00» 6 3o 3 5 Btraitfht 2 60 ^ 75 3 10 4 .=>0 3 Brandywlne, ifeo....3 009 3 35 30a 3 45 GKAIN. Corn— Wbeat— ... Bprlng.per bnsli. Spring No. 2 Red winter. No. 2 Red winter 91 a 92 97>2a 9812 71 * 95 .'* White White No. 1 Com— West, .- .It West. mix. No. 2. 49 60 White Southern Yellow Southern. Western white... 65 mixed 6II4 '* a .a . 64 68 63 36 38 Western Yellow .» Canada Oats— Mixed State &. 68 70 38 9 41 36%a. White No. 2 mixed 40 No. 2 white Barley —No. 1 Canada No. 2 Canada State, two-rowed State, six-rowed . 'a Rye— Western ».... ® » a ® The movement of breadstufifs to market is indicated in the statements below, prepared by us from the figures of the Newf first give the receipts at Western York Produce Exchange. lake and river ports, arranged so as to present the comparative movement for the week ending July 5 and .since Aug. 1 for each of the last three years: We Feb.-March. March-Apr. Btceipti April-Hay.. Wednei., Jnlv 9. Thnra., July 10. Fri., at— ChloaKO Jnlyll. I Oloa. Open High Low. dot d. d. d. d. 612 8 12 6 11 11 July- Aug... 6 12 AuK.-Sept.. 614 8 12 611 6 11 6 14 8 U 6 11 8 13 September.. 810 816 a 15 8ept.-0ct... 6 12 Oct.-NoT... 6 00 Nov.-Dec... 5 60 Dec.-Jan.... seo Jan.-Feb ... 5 61 6 12 a CO 5 60 810 6 July 5 63 6 13 6 15 10 5 63 5S9 080 B59 5S9 9 61 580 5 60 5119 d. 13 a 15 6 11 6 00 5 60 5 60 561 Open High Low. d. d. d. d. d. d. 611 611 6 11 a 11 6 15 6I0 11 a 11 615 6 13 6 16 6 8 6 6 6 5 5 3 6 15 6 15 13 a 13 8 17 15 618 819 617 619 11 6 12 6 15 00 60 60 61 6 00 5 80 6 17 a 19 6 16 6 05 6 00 804 01 63 SCO 63 563 583 800 6 00 600 6 12 8 00 5 80 5 60 5 61 360 5 61 an a 6 5 5 15 Clot d. 6 6 6 8 6 15 15 17 19 16 03 563 5 63 6 00 Feb.-March. March- Apr. 8,4«0 BREADSTUFFS. M., July 11, Loula 19.175 204.7B5 85.130 604.167 1,134.005 902.2711 445.51)5 1,805.315 848,580 122.080 *83 147.218 104,774 .. . . . Peoria Onlnth Tot.wk. Same wk. Same 6.911 '94 . vrk. >82 90,211 6,504 39.273 1,640 SO i.OOO 316 S,400 10.000 20.821 25,780 51.268 725,080 539,518 468,339 23,800 7,852 67.521.982 103.n08.597 72.991.215 90.958.478 41.668.730 103 389 577 63.607.721 16.989.971 6,79?.S10 50.616.843 35,851,724 15.496,078 12.088.453 4,650.998 S.793.40 88.480 10,37o[ 66.890 011.015 SlnoeAug.l— 1883 1888 8,569,649 1881.... 7.388.518 8.923741 The comparative shipments of flour and grain from the same ports from Dec. 24, 1883, to July ), 1884, inclusive, for four years, show as follows: 1880-81. 188182. 1882-83. 1883-84. 4.590,4h6 3,711,622 4,644,755 5,253,782 Flonr bbls. A.nrll-May.. Thcksdat, p. St. Rv«. Barlty. 527.882 48,62i 2,135 18.668 18,000 13(,9j0 152,870 256,405 77.159 17,034 18.335 Detroit Cleveland. Oatt. 3.810 33,823 1,306 2.006 8,153 11.369 1,017 25,500 Milwaukee Com. BMhJSiWr B\uh.4au>$ Toledo Open High Low. Wheat. Flow. Bble.Waibf Bueh.ma>i BMh.Snibs 754.390 71,424 88,887 1884 Flour has been quiet as a rule and generally depressed, though yesterday there was a good business and prices showed more steadiness. The supply of grades quoted below .$4 is only moderate, but that of the better descriptions is large. To-day there was a light business at barely steady prices. mieat Barlej 2,7013.374 Bye 3,146,703 15,3S3.797 54,219.112 23.194,720 4,566,389 2,018,210 Total grain .... 181,842,542 99,382,208 23.022.214 47,065.115 bnsh. Oom 25,902,131- Th? exTX>rts 13,013,687 39,446,727 15.611.685 2. 09 ,j. 49 J 1.370.081 26,601,057 52,107,357 17.893,195 2.019,270 1,067,189 71,537,673 99,838,068 several seaboard ports for the week 18 M, are shown in the annexed statement: frDm the Later in the day, however, the demand suddenly increased, ending July 5, the tone becoming steadier. The total transactions to-day Exports Flour. from— involved nearly 25,000 barrels. Wheat at one time showed great depression, owing to the BbU. • favorable crop prospects, line harvesting weather ai^d weak markets both in Europe and at the West; but latterly there has been some recovery, owing to a better demand from the shorts here and at Chicago. Spring wheat has been scarce New York Boston. . Portland Montreal. 35,413 24,614 Wheat. Bush. 333.284 32.573 3S',829 70,6?U 237,530 Palladol.. Baltlm're N.Orl'ns Oom. Oats. Bush. 312,219 70.668 Bush. 42,5.U 40 224,767 2i',i86 Peas. Bye. Bush. 60,036 Bush. 341 lo'.i'i's 21, 000 6i',82i "636 good demand for export. The lower prices for red 10,484 84,036 w'k. 63,774 99,522 730,387 693,465 wheat some days ago also called out an increased export de- Total S'me time 9S6,131 8.639 1.718 S5,752 102.150 837.709 1883. .. mand. No. 2 spring wheat has sold at 91c. to 92c. To-day prices were J^c. to l}^c. higher, notwithstanding that the reThe destination of these exports is as below. We add the port of the Agricultural Bureau as to the condition of the crop corresponding period of last year for comparison: and in was favorable. No. 2 red sold at 98i^c. delivered, 9S^i@^7^c. for August, 97i.g@93J,^c. for September and 98»^@99i^c. for October. Some ungraded spring on the spot sold at as low as No. 2 red closed at 97 ji^c. afloat, 973ic. for August, 98c. for September and 99J^c. for October, showing a decline of Ic. for the week. Indian corn has been only moderately active on speculation, and the export trade has not been large. This cereal has continued to follow the fluctuations in wheat, declining early in the week, owing to the promising crop prospects, but re-acting .60c. latterly, owing to the covering by the shorts here and at the West. To-day the market was quiet at an advance of J^c. to No. 3 mixed on the spot sold at OlJ^c. delivered. No. 3 lo. Oom. Wheat. Flour. Exports week to- for an.Klng. Coutln'nl 1884. Week. J tiiij 5. Bbls 74,890 583 1883. 1881. Week, July 7. Week. July 5. Bbls. 60.460 3.033 Bush. 646,344 84,513 1883. Week. July 7. Bush. 501,027 336.682 1884. Week. .Tuly 5. 1883. Week, July 7. Bush. 5b9,J00 636.711 3'i.003 314 3.5 25,343 8,992 Biish. i.&C.Am 4.9.)2 1976 W. Indies Brit. Col'6 S.870 9,4 <9 9.919 23,149 58,835 iy,177 6,442 Oth.o'nt'6 738 1.5S3 748 796 Total... 99,522 102,150 6i9,465 986,181 730,887 837,709 week's movement to our previous totals we have the following statement of exports smce September 1, this season and last season: By adding this July THE CHRONICLE. 12, 1884.J 0»rn. MxpftrU rinrf to— ll$pl. 1, Htpt, tn 1 Jtili/ Stpt. tn 1 Julu 0. Ottln. Cn. KlnK<lom OoDtlnent ... 0. AC. Am... 188»«4. 18f»83. IS8844. Sepl. I In SlIIOII 1 f/> 7. Sept. 1 tn JiUy 0. Stpt. 1 Jitlu ti> 1. Biuh, 84.i<W.M7 Ihuh. niuh. ei.lSI.53B 24.444.000 81.845.^40 400,7119 lS,4>)0.a48 ia.S8'J.(U0 7.010,383 0,72:1.087 .•>.S1,7^7 STU.OIK) I,aKI 417.S77 7 hi.v. Ill 3S,883 OBS.OI.'V S59.0;)l Brtu CuI'Dtm 507.S33 TW,787 Mi.»ta 13a.IM0 72.084 1.8711,430 IndlKi. B.OlO ifl.m SS,33I 90.082 S87.40e 1«D,3S0 141,8511 fl.-i«).7art 789.6.18 38710.181 6I.180.B00 S4 178.039 39.07«62n Wnt Otta. oouQtr'B To(4U 8U.9N^ The visible 8upply of gfrain, comprising the stocics In granary at the prin(;ipal points of occuiuulation at lake and seaboard jxirt.-*, and in tnuisit by rail and water, July 0, 1884, was as follows: OaU, Barley, Xye, Wheat, Com, In ilort at— bwih. bunh. btiMh, buth. bueh. Ne» York 1.372.693 609,18i 1,114,J"0 22,446 Do afloat (eat.). Albany 41.5,01)0 5.j4,0O0 1.500 lO-'iOO ii3.:i;a 764.ti!i2 Ilurtalo fi.ioajfo 4,V4H,788 I.IOJ.ISS Milwaukee Duluth 2,077.042 441, «7l 113.211 11(1.700 •j36,9)0 8t. IXTOlS C'tncinuatl BoatOD Toronto Montreal FHUadelplita . Peoria .... IndlanapolU Kannns City Baltimore Down MlssUslppt, On rail lake. On canal WltJuly L',tf05 500 33,981 18,615 9,566 4.300 60.482 25,178 I,099.ii91 Toledo. Datrolt Ojwe/fo .On 201.000 29,000 991 701,789 5, '84. Tbt. Jime2S.'84. Tot. July 7. '83. Tot..Iulv 8, '82. lot. Julj- 9. -81. 40,291 102 142.234 205.969 174.529 5.737 51,200 135.637 602,736 233.564 31,859 67,000 673,381 35,107 411,174 3,200 56.156 94.493 31,366 6.100 114.989 254.257 177,740 896,561 529.293 271,180 15,777 3,5,161 2.000 91.732 48.490 260,961 8.415 52,466 2,666 1.656 267 7,672 502 8.200 6,979 9.8G8 25.811 3.041 "336 2,6:i2 751 168.:i78 36'.394 73.755 1.600 3.508 11.657 30,785 555,770 142.655 168,240 169,233 7.254,372 3,718,.'J83 14.222,2,=)8 7,750,430 3.921,494 18,59i.493 12.336,529 3.709.137 9,024.412 «,3S8,6.J0 1,673.628 15,619.976 15,528,581 7,463,147 94.460 515,186 275.554 455,557 313,299 1,712.609 72.913 677.810 171,611 123,600 357,515 622,764 1,123,370 13.105.141 ow prices at public sale, but flne skirts and table oil-clotlis were disposed of to good advantage. Domestic Cotton Coods— The exports of domestics for tho 18t»88. 8.377.B07 Btito. 4,.')10.R«1 Sept, J 111]/ 7. 4.150 3.614 26.928 31,687 15.761 93,001) AoRlCTLTl-R.VL BuRE.*.U REPORT.—The Agricultural Depart, at Washington has this week issued the following report of the condition of the cereal crops of the country on 67 week aggregated 4,936 packages. Including 2,4:53 to China, to (ireat Britain, 280 to U. 8. of Colombia, 209 to Argen* tine Republic, 212 to Peru, 200 to Hong Kong, 103 to Vene1,0.59 The tone of the cotton goods market has become and a decline of from 2>^ to 5 per cent has taken place on several prominent makes of brown and bleached goods, wide sheetings, &c. This has led to more liberal transactKueU, &o. less firm, ions, but not the least speculative tendency has been developed, notwithstanding the exceptionally low prices nowruling for most kinds of plain and colored cottons. Print more active and a shade higher.closing at 3 .5-16c. for and 2^^@2JaC. for 56x608. Dark prints were in better demand, and indigo blues and shirtings continued to move steadily, but light fancy prints were quiet, and there was a lessened inquiry for printed lawns. Dark dress ginghams were more sought for, and some fair orders were placed by out-of-towa cloths were 04x64s. jobbers. Domestic Woolen Goods.— Aside from men's-wear woolens, which continued very quiet, there was a slightly improved business in this department. Flannels and white bed blankets met with a fair share of attention, and repellents were mor» active in some quarters. Cloakiugs, tricots and Jersey cloths were in moderate request, and there was more inquiry for ladies' soft wool suitings and sackings. Kentucky jeans were pretty freely sold by leading jobbers, but the demand at first hands was comparatively light. Satinets were mostly quiet, but fairly steady in price. There was a fair movement in cassimeres and worsted suitings on account of old orders, but current transactions were few and unimportant. Worsted dress goods, such as cassimeres, beiges, &c., were in moderately good demand for the coming season, and a fair business in carpets was done through the medium of salesmen on tho ment road. Julyl: Foreign Dry Goods were in irregular demand, and, nport the whole, quiet, but British dress goods were pretty freely distributed by importers, and a somewhat better demand for fine abont 2 per cent. The total area will O.OCO nna 70,0f'0.000 acres. A few States report a York, houlalana and Minn* sota. There is a sood degree of iinifonuity in the inoreaeo of the soutliern and central districts. It Is 5 per cent in lowii. 20 in Nebraska and 30 in Dukota. There is also an luorease on the Pacitlc coast. Itlsev'dent that, care has teen taken In the selection of seed, as Tlie area In corn has Increased be between decrease f;9.0' — Mali e. Massachusettg, New coimtlaint of fjiilure fnim planting immature corn, 'rhe coini>aris(>u of areji with last year is as follows in the priucipnl States: York Hew 97, Peiinsjlvanla 100. Ohio 102, Michigan 102, Kentucky 100, Tcni.e.«eeo 101, Indiana 102, Illinois lOO, Iowa 105, Mleaourl lOJ, Kansas 101. The season has been favorable for planting and growth, except that large districts have liad too much rain and growth has been slow from low temperature. The cri»p is now Kcnerally healtliy in color and growing rapidly. The average of condition is 96. and has been excei-ded luit twice in July In ton years— in 1879 and 1880. It was 90 In 1381. 84 in 1882 and 88 In 1SS3. The principal States' averages are Sew Yuik 96, Pennsylvania 9:j, Mlchiitan 99, Ohio 91, Kentucky 90, Tennessee 95, Indiana 97, Illinois 99, Iowa Iii2, Mis,souri 98. Kaii.s,-vs 94. Nebraska 99. The prospect Is most fiivoral)le in Iowa, wliich promises the beet yield since 1»79. and the largest crop ever grown In the State. The conilitioii of spring wheat is up to Ihe norwial standard. 100. the same as in July of last year. Wisconsin and Minnesota stand at 101 and Dakota at 102. Winter wheat is harvested In the South, and will soon be cut in Its Borthcrn belt. It sustains the promise of previous repoits; the average of condition is 94, one point higlier than in Juno and the same as in the May report. The winter wheat covers an area of about twenty-seven million ncre.s, and unless the threshing records should prove dlsappoiutlng, or Injury result in the stock, tlie outcome would exceed 350,000,000 there is little black silks, silk velvets, velveteens, &o., was reported in some quarters. In woolen goods, linens and white goods there was no movement of importance; and hosiery, gloves, laces and embroideries ruled quiet. Importations of Dry Goods. The importations of dry goods at this port for the week ending July 10, 1834, and since January 1, and the same facts for the corresponding periods of 1883, are as follows: a in 5^ : p; I : " 1= S: g: : 1 ! OWCOCiCC ODO •^ O'-D CS C>< CO 00 .^ u Ki o: tiiishols of to ,** <fc ;j* c.-' tf^bVi'toto ''P '43 tOGC Ui :o tf^ tf«.CJQD*-<0 ff* COCO w • I H : 3 : : : : : . : : : : a i X OiQOOOyt w M to to W O CO OS Q w t; I tffc I or d-oxiyi _!Sijtj.oo'CJ4e lOM •© Oi O u to cu ^ cc o "' • : I W0St0®-4 O -^ tn b'c'-r-r^1 OP to a, M — Ci O -ito winter wheat. Til" condition of barley is good, averiiging 98, against 97 last July. 'at;, av. r.igo UH; last year at tula date 09. Tlic avi law for rye Is 97. The e.\c. fcnive production and low price of potatoes in 1883 hasoaused a reduction of 3 per cent In ar.a; condition is good. A large increase, amouutiug to nearly 10 per cent, has been made In the area of tobacco. : ' ; : ^— bwb w*.w O O Oic;« < CI- 03 1^ oo OMai — <i -^ <x to c^ ^ CSC b'Mb OQCC WOO a>'o — C 00 5J X to past week, although the by a few of the leading jobbers. It was an active week in the auction rooms, and large quantities of blankets, skirts, upholstery plushes medium , and were disposed of through their Colored blankets and low grade skirts brought very table oil-cloths to — to X *• oooeou-i OQitCC-.w cc'io^oooo cetO't-w^ K. cn ^ X w 00 |»CO Thlksd.vy, p. M.. July 11. 1884. contrary, buyers were exceedingly cautious in their operations. The general jobbing trade continued quiet, but a fair package business in domestics, prints, blankets, jeans, etc, wap do:ie W 00 ccccsirxsD Ctf-lwCOp THE DRY GOODS TRADE. The dry goods market has shown rather more animation tlie demand was spasmodic and irregular. There was a freer movement in some descriptions of staple cotton goods, on which price concessions were made by manufacturers" agents, and certain fall fabrics, as dark prints, ginghams, dress goods, flannels, etc., were more freely taken by buyers for some of the most remote distributing pointsThere was, however, no real snap to the demand, but, on the OT to <I Oi to bOD CSCt UOOtOwO) »m! Mf--^X01 OS to M I gg a: ro o q> MlOM-'ta V-b tow I CO c;* C0C0-4«-Oi -1 C w ^J --ICO eg -X o ^X <-• MCOtOiOk. CDif*- — ^O bJIOOOOtO i-*-X> ;^»^*»C0« 00 oa w*lG5*JM coiowosV CO 00 if^ Otto a'-4»oaoco CJtOCJti^O CO I Mc- o j wod ppospoi-* ocu> U to caw wco IX -1 :<3 »to.p-wato oa lb ODWGDwM eto0><»i^ >OQDy»'»J 03^1X1 coif^aco;^ -li(>^ I— cc":cbVj!0 tChO 10 p O to I I C9CO OOO too e- cj O3V-^0i3>-* I *.UlCCQO tOO'OO'-* o ifc. r- Jfc -1 so aouC3a>if>> I SIO •, tM-IXWQO - ^ ,-. ,p, , -. i^COOOaCJi C0^V|fh.O J^l ; : THE CHRONICLE. 58 (.ou iXilX. ^ommttcinl ^vttst ©ompatiijcs. OF SURETYSHIP. BO.'VDS The American Surety Co New No. 160 Broadway, OF NEW YORK, No. 49 W^ALL STREET. $500,000 will act as surety for Officers and Employees of Banks, Hallways. Express and Telegiaph Companies, Corporatto- s and Business Houses, and will Kuarantee the tldelil y of persons holrtinK positions of trust. This* oiupany win also act as surety on Bonds required In the Courts, Bonds of Administrators, Guardians. Sheriff and undertuklngs. It Is the Ilrst and only Company c.rRanized In the United States devoted exclusively to the huslness of suretyship. OFFICURS: RICHARD A. ELMER, LYMAN FIDELITY & Kos. 214 216 W. BRIGGS, President, Vice-President. A. CASUALTIT CO., BROADWAY, N14W YORK. Officials of BanlES, Railroads Bles. Managers, Secretaries, and panies. Institutions and Express CompaClerks of Public Comfirms, can obtain and Commercial BONDS OF SUKETYSBIF tills Company at m<,derate charges. The bonds of this Company are accepted by courts of the State of New York. from Surplus, DIKKCTORS Geo. T. nope, G, G. Williams, J.S.T.Stranahan, A. B. Hull. Geo. S. : W. G. Low, David Dows, Charles Dennis, A. S. Barnes, H. A. Hurlbut, Ale.v. Mitchell. J. D. Vermilye, S. B. Chittenden. Wm. M. Richards. Coe. Bonds of Suretyship. OTBEJi BUSINESS. JV^O - - - 3,518,036 - INTEREST ALLOWED ON DEPOSITS, WQlch may l>e made at any time, and withdrawn after Ave days' notice, and will be entitled to interest for the whole time they may remain with the company. Executors, administrators, or trustees of estates. and females unaccustomed to thetransaction of business, as well as religious and benevolent institutions, will And this company a convenient depository foT JOHN A. STEWART, President. money. WILLIAM H. MACY, Vice-President. JAMBS S. CLARK, Second Vlce-Pre»t COTTON SAILDUCK And ail Dan. H. Arnold, James Low, Thomas Slitcomb.W. W. Phelps, Charles E. Bill, :D. Willis James, Wilson G. Hunt, John J. Astor, John A. Stewart, H. Macy, Clinton Gilbert, S.M. Buckingham Daniel D. Lord, H. E. Lawrence, George T. Adee, Isaac N. Phelps, Erastus CorninK, Samuel Sloan, i Wm S. BAGS, "AWNING STRIPES. Also, Agents UNITED STATES BCNTING A. full sapply, all Mlntum Hobt. B. Geo. H. Warren. George Bliss, Whllam Libbey. John C. Brown, Kdward Cooper. UENBY L. THORN ELL, Secretary. Lotus O. HAMPTON. Assistant Seoretarj The Union Trust AND 611 613 Co., CHESTNUT STREET, 400,000 214,000 Deposit with Insurance Department President Vice-President glK ALEX. T. GALT. HON. JA8. FKBBIER. Managing Director: EuwAiiu Rawlings. OFFICE: BBOADVTAT. D. J. TOMPKINS, Secretary. NEW Y'oHK DiKFXTOiis— Josepli W. Drexel, A. L. Hopkins, 11. Victor Newcorab, John Paton, Daniel Torrance, Edw. F. Wlnsiow, H-rastus Wiman. Bank of Buffalo, ...-.- $300,000 CAPITAL, BUFFALO, N. Y. The First Established iu the World. OFF£RS UNEQUALLED SECUEITI. 140, 142 & 146 Broadway. FRANCIS U. JBNKS, President. MAKHATTAHf Safe Depositee Storage Co 346 ic 348 BROADTTAT, Comer of Leonard Street, NEW YORK. Safes to rent from $10 to $200 per year, AND CAN BB RENTED FOR A WEEK OR MONTH. DAIT BROIVN & BLEACHED SHIRTINGS AND SHEETINGS, PRINTS, DENIMS, TICKS, DUCKS, *«. Towels, Qullta, White Goods &. Boaleri and At Auction. The Cuderslgned hold 8AL£8 REGULAR AUCTIOM of all classes of STOCKS AND BONDS OH WEDNH8DAT8 AND SATUHDATS. ADRIAN »0. 7 H. nVLLER St SON, PISE STREET, NEW YORK. for Export Treule. appointee. Takes charge of property collects and remits Interest and income promptly, and Qfscharges faithfully the duties of every trust known to t he law. All trust assets kept separate from those of the Arllngitoii ; Burglar-Proof Safes and Boxes (having chrome steel doors) to rent at f5 to $60 per new and elegant chrome steel. annum, In their SELLING AGENTS FOR Geo. H. Gilbert Kirg. Co., iflills, Frceinan mfg. Co., Keurrew !fir$;. MAHLON Philadeli'hia; George W. Iteily, M. D., J. Simpson Africa, Hu.NTiNODONi terson. HAituiSBruG; Hleeter Clymer, Henry S.Kckert, Rkadinq; Edmimd Doty, MiFFMNTOWN R. K. Min^aghau, West Chas. W. S. ; Chester W. VV. H. Davis. DOYLEaTowN; Cooper. ALLEXTOWN. ; ^~ THE Provident Life & Trust Co OF PHILADELPHIA. Incorporated Third Mo., 23d, 18^. lilucolu mils. BOSTON, 31 Bedford Npw (5* Sin^w vn-Dv \ OKK 35 $1, 000,000 TORS. TRUSTEES. GUARDIANS, ASSIGNEES. COMMITTEES. RECEIVERS. AGENTS, etc., "*' & for the faithful performance of which their capital and surplus fund furnish ample security. All trust funds and Investments are kept separate and apart from the assets of the company. Th« income of parties residing abroad carefully collected and duly remitted. SAM'L R. SHlPLBir, President. T. WiSTAR BROWN. ATce-Prestdent. ASA S. W1N(;. vioe-Presldent and Actuary. Motley, E. K. mUDGE, SAHTYER & CO., & 45 White Street, 15 Chauncky Stkbit, NEW rOHK. BOSTON. A0KNT8 roR O^eaB mils Co., Atlantic Cotton mills. 43 Peabody mils, Chlconee nfg. Co., \«iilte m«;. Co., Saratoga Victory mg. Co., Hosiery and Yam .flllls. llertou NewiUIIlK, Everingham & Co., (Established conmissioN merchants, L. 1866.) 125 (ADJOINING l.a Salle Street, CHAMBER OF COMMBKCB), CHICAGO. THE PURCHASE AND SALE OF AND PROVISIONS, on the Chicago Board of Trude, for cash or future delivery, a specialty. Bpecial information, indicutinR course of markets, freely furnished upon request. OFFICE CARPETS. HOUSEKEEPERS AND OCCUPANTS •F OF- FK:ES take notice. Before buying your carpets. Linoleum, Oilcloths, or Mattings, call at BENDAIL'S Misfit Carpet Store, 114 Fulton St., basement floor. Cheapest place In New York. ^teamsItljyB. Montague 4 Clinton fU This Company Is autbortied by Brooltlyn, N. Y. special charter act as receiver, trustee, guardian, executor or ad ministr&tor. It can act as agent in the sale or management of real estate, collect Intereat or dlrldenda, receive registry and transfer books, or make purahase and tale of Government and other securities. Rellgloiu and charitable Institutions, and persons jnaocnstomed to the transaction of business, will and this Company a safe and convenient deposltorv for money. RIPLKY ROPES, President. & SrCCESSORS TO The Brooklyn Trust Co. Cor. of Street. l-O Worth Street, and 37 Thomas Street. Joy, Lincoln GRAIIV (CHARTER PERPETUAL.) CAPITAL Co., JaiiieK Plillllps, Jr. Worsloil <o., ( outliiental IfllUs, Fltrlibiir!- George Wliltiiey, J protected by improved lime locks. Wills kept in Vaults without charge. Bonds and ^tocks. Plate and all valuables securely kept, under guarantee, at moderate charges. Car trusts and other approved securities for sale. Money received on deposit at Interest. JAS. LONG, Pres't. IIIBSTER CLVMER. V.-Pres'U S. stokes. Treasurer & Secretary. D. R. PATTERSON. Trust Officer. DniECTOKS.—James Long. Alfred S, Gtllett. Allison White. Chus. P. Turner, M.D.. WiiUam S Price, John T. Monroe, Jos. L Keefe, Thos. 11. Patton, W. J. Nead, Jas. S. Martin, D. Uayes Agnew. M. D., n. H. Houston, John G. Heading, Theodor C. Engel, Jacob Naylor Samuel Riddle. Robert Pat- , W. COBLIK3, Vice-Prest. TRUSTEES: , ^ „ , Joslah O. Low. E. F. Knowlton, H, B. Pierrepont, Alex. M.White, John T. Martin. UenrvK. Sheldon, A. A. Low, Wm. C. Ktngsley. C. D. Voo<!. ^"ed- Cromwell, Wm. H. Male, A.®J-„?5^"^Mich'l Channcflv P. Kolfe, Henry SanBor, Wm. B. Kendall, E. W. CorUe.5, Kipley Kopos J AS, R. CijRRAK, Secretaiy , BONDS ite., Brown, Wood & Kingman BDMUND g^ttcti^)tt ^aljes. STOCKS y" Drills, Sheelinga, mand, or on which interest is allowed, and are empowered bylaw to act as EXECUTORS, ADMINISTRA- Safe Deposit Co. OF NEW YORK, Street. fl.OOO.OOO Authorized Capital .... 500,000 Paid-up Capital Charter Perpetual. Acts as Executor, Administrator, Assignee, Receiver, Guardian, Attorney, Agent, Trustee and Committee, alone or in conneotlon with an Individual ASSETS $14,5§3,444 S3, INSURE LIVES. GRANT ANNUITIES. RECEIVE MONEY ON DEPOSIT, returnable on de- The Duaue MeTT York, Boston, Philadelphia, BELLING AGENTS FOR LEADING BRANDS PHILADELPHIA. - This bank has superior fucUlties for making collections un all accessiblo points in the United States, Canada and Europe. Liberals terms extended to accounts of bankers and merchants. CouHF:epoNi'KNTS."New York, National Shoe & Leather Bank; Union Bank of London. CO. Colors, aJirays In stook Fab an &Co., Bliss, , BhekmanS. JBW>TT,Pres. .IoslahJewbtt, V.Pres WILLIAM C. COKNWELL, Cashier. Widths and No. 109 B. Chittenden, John ll.Khoaaes Anson P. Stokes. kinds of CANVAS, FELTING DOCK, CAR COVERING, BAGGING, RAVENS DUCK, SAIL TWINES, &C., "ONTARIO" SEAMLESS COTTON TRVSTEBS: Fire and Burglar-Proof Vault*, ISOCIOO NEW YORK - a leffal depository for moneys paid authorized to act as suardlun or into court, and Is receiver of estates, OF NORTH AMERICA, NO. 178 Is Co., Manafaotarers and Dealers In Company. The Guarantee Co. Cash Capital CaahAssets - This company CASUAIiXY DEFABTMENT. Policies issued against accidents" causing deatla or totally disiibilng injuries. Full Information as to details, rates, &c., can be obtained at head office, or of Company's Agents. Wm. M. Richards, Prest. John m. Cha.ve, Sec'y. UoB'T J. Illl.l,AS, Ass't Secretary. & .---.-.- $2,000,000 Capital, Cash Capital, Brinckerhoff, Turner United States Trust Co. York. ^^xv&b. m Metropolitan Trust Co., MUls Bulldlug, 35 Wall St., New York, •?A«B IJP CAPITAI., 91,000,000. Designated as a legal Depository by order of Supreme Court. Receive deposiu of money on interest jot as fiscal or transfer agent, or trustee for corpora t'ons and accept and execute any legal trusts iroir pirsons or corporatiwns on as favorable terms is O^her similar compjtnies. THOMAS HILLHOUSE, President. FRBDERIC D. TAPPKN. Vlce.ft«.idenl WALTER J. BBITTIN, SecretaoT OIKL,!' Direct Line to France. GENERAL TBANSATLANTIC CO. NEW YORK and HAVRE, Between From Pier (new) 42 North River foot of Morton St. Travelers by this line avoid both transit by English Railway and the dlscomiorts of crossing the Channel In a small boat. CANADA. Kcrsablec Wed., July 16. 11 A. M. AMKHlgUl-:. SnntelU Wed.. July 23, 8 A.M. ST. I.AUKENT. I>e Jous8Clm.Wed..July .0, U A. M. Price of Passage— (Including; wine): To HavreFirst cabin, f 100 and (80: second cabin, $60: steerace, |2(^lnoludintf wine, beddln>{ and utensils. U»iom ticlcets at very reduced rates. Checlcs on Banque Tranaatlantlque. Havre and Paris, in amounts to suit. Special Train from Havre to Paris. The Compaj^nle Generale Tninsatlantlqae delivers at Its office in New Vorlc special train ticlcets from Havre to Paris. RiMCKttjEe checked through to Paris without examination at Havre, provided pa.ssenKers have the same delivered at the Company's I )ocIl in New York, Pier 42 North River, foot of Morton St, at least two hours befor« the departure of a steamer I.Oi;iS DE BEBIAN, Agent, No. 6 BoirUnc Green. , JlLY THE CHIIOXICLK li iusuviincc. lusxivuncc. The United OFFICE OF THE r vu IN States Life IN BKOSNAN, T. U. riuLiiOH, Seo'y. A Gko. II. . 24. 1884. The TnistecB. In eoiiforiuity lo tbo Ohartar o1 the Company, submit tUo fdlluwlnK Statement of Its nffalra on the 3l8t December, 1883: Preniliuns uuMarliie Rlekafruui Ist Janunry. 1883, to 3lBt December, 1883 $4,168,953 10 PremliiDis on Policies not marked offlst Janunry, 1683 1,539,232 .i3 York. W ueblwhioht. Ass't See $5,708,185 G3 Premiums marked off from 1st January, 1883, to 3l8t December, 18JS i51,.i60,428 93 Lossea i aid during tbe same Returns of Pi-emlums and Expenses COllPAmsON OP BU8IKE83 $8,606 795 00 otherwl'^e 1.956.500 00 425. 00 CO ceivBOlc 1,588,306 79 335,710 6 Bank Amount SIX PER CENT INTEREST on the outstanding certillcatce of piolits will In; paid to the holders thereof, or thiir Icpil representatives, on and after Tuesday, the Fifth of February next. THE OUTSTANDLVa CERTIFICATES H79 w be redeemed and paid 11 of to tlieieof, or tlielr ksal representaon and after Tuesday, the Fifth of Feb ruary next, from which date all interest thereon tives, will cease. The ccrtlticiites to A DIVIDEND OF FORTY PER CENT By order of J. H. t LIFE James Low, David Lane, Gordon W. Burnham, A, A. Raven, Wm. Slutgis. Ben)amin n. Field, Joshih O. Low, William E. Dodge, Eoyal Phelps, C. A. Hand, John D. Hewlett, William n. Webb, Charles P. Buriiett, ©OttOtt. Co. 6c Rountrte Charles D. Leverich, William Bryce, William H. Fogg, Thomaa B. Coddin^on, Horace K. Thurber, William Degroot, John L. Rlker, N. Denton Smith, W. H. H. A. A. Co., 8c 12 En-E.v, JiT Ewen Nos. 31 John- JI. Ewex W. Jno. H. I,AUPLXT & Tullis Co., COTTON BUYERS, & Felix Alexander, COTTON BROKER, AUGUSTA, OEORGIA. TO ORDER for SPl.N.NERS and EXPORTERS. CO-iRESPOXDKXCH SOLICITED. KKrKBEXCES.— National Ban'i of Augusta, Qa. Henry Heitz jt Co., Commission Merchant.«, New York William B. Dana i Co.. Proprietors CommkbciAL & Ki.N-AxciAL CURo.vici-E, and Other New York i Houses. JOHW ST., NEW YORK. OfTLY O.V OllT>t:ilS fOR A CO.M.HIgglOg Geo. Copeland & COTTON BROKERS, 136 PEARli STREET, N EW Co., YORK. ; F. Hoffmann, COTTON BROKER AND AGENT 38 UUE BE LA BOURSE, HAVRE. Waldron Taintcr, PEARL STREET. ESTABLISHED 1855. 97 K. COLE, Successor to . l!KOKER.a, PEAUL STREET, EsUbllshed 6c COTTOX 91ERCMA!VT8, EUGENE W enman 6c Co 8ears COTTON J ames P. (I n To ntine Build i ng) 1840. COTTOAi BROKERS, BEAVEB STREET, NEW VORK. & Cole, STATIONER AiVD PKLNTBK, N. V. WALTER &KROHN, 53 CO., inoNTGonERir, ai.a. PPRCnAsE Bloss, MERCHANTS, PEARL & H. CLISBV COTTON BUYERS, Orders for future delivery of Cotton executed In Liverpool also for Grain and ProYork. No. 113 COTTON Entire attention given to purchase of YORK. C0.nitII.«)S10!V New York and vlsions In New Wm. 33 Broad Street, Gwathmey & No. 123 Liberal advances made on Cotton consignments Special attention given to orders for contracts for future delivery of cotton In New York and Liverpool [ Brothers, NEW MOORE, 2d Vice-President, Vloe-Prealdent. COTTOrfl EUFAUI^A. ALABAIHA. tW" Special attention given to the eiecntlon of orders for the purchase and sale of Cotton. Grain and Provisions fiir future delivery. Liberal advances made on con signments. WUliamil. Macy. RAVEN. 3d NEW YORK. CO., iMERCilAKTS, OLD SLIP, NEW YORK, AND NORFOLK, VA. NO. Horace Gray, Ediuund W. Corlies, Adolph Lemoyne, John Elliott, James O. Do Forest, ST., COTTON COMMISSION MERCHANTS Sawyer, Wallace 8c Co., COMMISSION MERCHANTS, No. 116 CHESTNUT STREET, No. 18 BROABn'AY. PHILAPELPHIA. Waruen JOHN D. J0NB8, President, CHARLES DENNIS, Vlco-Presldeni. PEARL 141 St'CCESSOKS TO CLAGHORX, HEUBINO k COSIini!><mO.\ Robt. B. Mluturn. Charles H. Marshall, CO., Henry M. Taber&Co., ISO. W. TPIJ,I3. Edward H. Coates Secretary. Gcor,i{6 Bli.sa, BABCOCK BKOTHEKS & ISO Wall Stkeit. made on cotton conslgnmesita. Special attention given to orders for contracts for 'nture delivery of cotton. TR (JSTEES. D. Jonas,' Charles Dennis, W. H. H. Moore, Cliarles H. Russell, Kaoelve oonslgnmenta of Cotton and other Prodaee And execute orders at the Kxchangea In Llveirpool aepresanted in New York at the office of & COTTON COT TOM BROKERS, J. COMMISSION MERCHANTS, 17 Water Street, LIVEKPOOI., WM e Board. CHAPnAN, BABCOCK&CO. F. ii. ISSUES EVKRT DESCRIPTION OF LlFEtt ESI) Ki\ TPOLI CJES Tuttle Wakefield, Rates Lower than other Companies. ORGANIZED APRIL 14. 1812. And General Commission Merchants, 84 Beaver St., New I'ork. Assets, - - $101,148,248 25 Liberal advances if declared on the net earned premiuma of the Company, for the year ending 31st December, 1883, for which certiflcaU'S will bo issued on •nd after Tuesday, the Sixth of May next. & Co., (JalreHton, Texas. Advaiicea made on Conaliminents of Cotton. Contracts for Future Delivery of Cotton bought and sold on commission. be pro<luoed at the time of payuietit and canceled. Jemison & Co., BANKEK8 Alio 1889. THE and saleM COTTON COMMISSION MERCHANTS, No. 23 WlllUm St., New York. « $12,97^.312 47 the issue of the holders S. INSURANCE CO. OP NEW YORK. F. S. WINSTON, President. Loans secured by Stocks and R«al Estate and Claims due the Company, estimated at Premium Notes and Bills Re- E. Jeinison.Qro e VIARS. Insurance Written.... $2 800,000 00 $6,831.000 00 Insurance In force 18.790,000 00 18,80».000 00 Aesets.... S. 116.814 46 5,8tW,S!ia Payments to policy-holders 400.67846 475,923 98 Increase In new business trrltten In 1888 over 1882, 87 per cent. GOOD AGKNT8. doslrlnK to represent the Company. are Invited to iid.ireaa J. S. UA!'"l!'NEV. Superlnteadeot of Agencies, at Home Office. Asdets, yiz.: other Stocks TWO tOtt 18S8. MUTUAL $850,0H0 The Company has tlie foUo-n-iug United States aid Slate of New York Stock. City, Bank and In a paid at $1,901,042 36 l>erioa Cash onoo as soon aa aatlsfuctory proofs sre received at the Home OIHce. Absolute aecurlty. combined with the larxest llb.rallty, aasurosthe popularit y and 8ucce.ss of this Co. All forms of Tontine Policies Issued. I New Premiums Total Marine Special attention olTen to the purchase Future Contracts. BtiiiroHD. Aetuarr. All Polldea henceforth Issued are Incontestable for any ciiuse alter throe yours. CliU NE'W YOKK. No. 61 stone Street, Iie«l«lBturo of this State thia Cora pany's charter was ao amended In 1888 that hereafter all the proflU ahall belong to the policy-holders exclustvely. Death Co., Presld«ni. By an act of the NEW YORK. Jamiarj- & Cotton Comiuisiilon iWorchantss laeo.) & 2«8 Kroadwny, New 261, 2(J2 Mutual Insurance Co., Robert Tannahill Insurance Co. THK CITY OF NBW YOUK, ((>uoANi;!Ei> C. P. C^otton. Supplies Banks, Bankers, Stock Brokers and Corporations with complete outnts of Account Book* and Stjitlonery. IF" Xew concerns orKanlzluK will have their or4era promptly cvocuted. So. 1 n'IL.JLI<%af (HANOVER STREET, SttlARE.) THE ('HKONICLR TUl & 1(5 & INMAN, SW ANN&Co NEW YOKK. LOA.VS MADE ACCEPTABLB aECCRITIES. ON' Adi ances CcLsli New ABRAH M & Co., LEHMAN, DPRK 4 CO., Montgomery, Ala. Orleans, La. LEHMAN BRO'S, Cotton AND Factors MERCHANTS, COjnitllSSION EXCUANGK No. 40 PRODI CE EXCIJASOES. Up-towx office. No. produce consigned to us, or to our corres- pondents in Liverpool, Messrs. B. Newgass and Messrs. L. Kosenlieira & Sons. OusTAvrs 0. & Co., HopKixs. Lucius Hopkins Smith. Charles D. Miller. & Co., Hopkins, Dwight COTTON 8 Soutli William St., Netr Iforlc. EXECUTE ORDEliS FOR FUTURE DELIVERY C O 132 FEARI. NEW YORK PRODUCPJ EXCHANGE the CmCAGO BOARD OF TRADE. Correspondents Alfred von Gundell. Charles MA^^IO^F. von Gundell & MayhofF, C0TT01V BROKERS, & NEW YORK. STONE STREET, 4 G. CO., NORFOLK, VA. Fergus Beid. Reid & Co & Commission NOUFOLK, VA. Cotton Brokers , IVARE SCHROEDER, COTTON COMiMISSION MERCHANTS, FOST BUILDING, 16 & 18 Exchange Place, New York. Special attention paid to the execution of orders for the purchase or sale of contracts for future delivery of cotton. Liberal advances made on con- OFFICE 119 BROADWAY. CASH CAPITAL ja,nOO,000 E. Cash Assets, July CHAS. J. J. A Kent & Co., . MERCHANTS COmiHISSIOIV New York. 16 and IS Excliange Place^ NEW YORK. & Co., John C. Graham BANKERS AND Chicago. St. Louis. Co., cotton BROKEKa, l2o Pearl Street, New York. Orders for Spot Cotton and Futures executed. Com pan)' OF HARTFORD. January 1, 1884 unpaid losseB and re-insurance fund Aitsets promptly & NET eURPLDS \'o. COTTON BROKERS, STREET. H. Tiieston & Co., COTTON, STOCKS, BONDS, &;c., 3.1 WIM.IAM iders Ir sTItllUT, N:,\V YORK, Y. Cotton Exch .Km ores" encculcd at N. $3,269,457 85 3 Cortlandl JAS. A. New ALEXANDER, North & St., York. Agent. British Mercantile Ins. Co. LONDON AND EDINBURGH. United States Board of lUauagemenl, Solon HCMriiRErs. Cli'r'n,(E. D.Morj^aniOo.) David Dows, Esq. (David Dows & Co.) E. P. Fabbki, Esy. Drexel, Morgan <St Co.) Hon. 8. B. Chittenden, Ezra White, Esq. J J. ASTOR, Esq. E. WHITE, SAM. P. ItLA»DE^ UAXAOEBS Office, 64 WlUlam St., New York. NEW TOBK. BAOCING AND IRON (FOR BaLINS COTTON. Agents for the following brands of TIES, 1 ,Inte Buseinjz, •KagleMill8,'-Brookl.vnCltr,""GeorKia,""Caroirn«.'' 'Ncvlns.O," "Union Stiir.""8alem, "Uorlcon Mills." Jersey Mills " and " Dover Mills." ' ' No. 5 and 7 WIL.I>I.lin l,923.1&5 06 4,000,000 00 'aiiital VV heeler, 1]» KIAIDBN I^ANE, 1 Special attL-ntion triven to orders fr»r the huyluff and soiling of cotto.v kuii Kutire UKLiviiuv. $9,192,643 80 for Liabilities CHAS. •Bullard SELMA. ALA.; MONTGOMERY, ALA. William H. Beede& Co^ Secretary. IfSW YORK: & Dennis Perkins COTTON COMMISSION MERCHANTS No. 8 William Street, New Yopl£. Buyers of Cotton for a Commission. Orders for Fuwe Contracts executed in New York and Liverpool. »7.:MS.574~« President. OB GRAIN, PROVISIONS AND COTTON. AND Post Building, 1884 MARTIN, WASHBURN, H. IN COMMISSION MERCHANTS, 1, 2,fi.T Insurance WEIiLES BVIIiDINO, Broadway and Beaver Sikeet, & Gwynn, COTTON FACTORS 00 (107 'W K50,3ie 42 1,342.655 04 Reserve for Unearned Premiums Reserve for Unpaid Losses and Claims. NetSnrplus signmentB. Special attention given t" the sale of cotton to arrive or in transit for both foreign and domestic uarlcets. Correspondence solicited. Fielding &. NEW YORK. OF Co., SUCCESSORS TO Merchants advances made on Cottun consignments. Itiboral & Schroeder Company Insurance HI ,TENN. niEin NEW YORK. EVRE, FARRAR & Price, HOME Messrs. Smith, Edwards & Co., Cotton Brokers, Liverpool. Messrs. Samuel H. Buck & Co., New Orleans. COTTON BUYERS, Liberal advances made on Cotton consignments. Special attention given to orders for contracts for future delivery of Cotton. Thko. H. Price, Late of Enre, Farrar & Price. and : VON CUNDELL, & MAYHOFF, Jones, STREET, Orleans, La. GRAIIV A.\0 PROVISIONS at the NEW YORK. & New York, NEW Y'OUK, LIYERPOOL AND NEW ORSpecial Attention Given to the Execution LEANS COTTON EXCHANGES, Also orders for OK ORDliRS FOR FUTURE CONTRACTS. at the NEW YORK COFFEE EXCHANGE, and Obders for Future Contracts Executed in New York axd Liverpool. Farrar New T T OM at the Nos. 2 PEARI. STREET, 134 COUNTRY RANKERS. Henry Hentz & Co., Mohr, Hanemann& Co., COMMISSION MERCHANTS, 123 PEARIi ST., 186 GRATIERST., COMMISSION MERCHANTS, No. lecountsof Wm. Mohr. H. W. Hanemaxn. Clemens Fischer. COFFEE Jieur York. Orderse-ocutedat the Cotf.'ii Exchanges In New York and Liverpool, and advances made on Cotton ftnd other Kcvr York. AND hckch Street, 204 14 < I'LACB, JtEilBUBS OF THE COTTOX, COFFEE Sons, BANKERS, NASSAU STREET, NEW YORK. Personal attention given at the KXCHANGES to the purchase and sale of STOCKS and BONDS for cash or on margin. DEPOSITS RKCEI VBD-8Ub]ect to check at eight -with interest upon balances. Special attention paid to IVVKSTMENT8 aad WANTS COTTOX, ALL QRADICS, SniTAILK TO of spinnku8, Offered ox Terms to Suit. P. Batch. ^'• BRANCH OFFICES j.l2if »?^o .Vll'"fl''J!!"'t*"' l.bapel Ht., Nm 1L" Haven COTTON MERCHANTS, Made on Consignments. Special Attention to Orders forCoxtractj po t FiTTiraE Delivery of Cottox, I.EHMAN, 1884. Arthur M. Batch. W. T. Hatch & Exchange Place 1S Henry Walter I. HafeK. Nath'l W. T. Hatch. Stillman, MERCHANTS, Post Building. 13, (Cotton. iCottou. Woodward IJULY IMfOR'lERS OF IkON TIES. BAGGING. WARREN, JONES &. VRATZ, ST. LOUIS, Mo. Uannfacturere' Agents for the sale of Jute Baffltlns lUrORTESB OF IB01\ COTTON TIES. O ommercial LJmon Ins. Ca I on toyDon ALFRED I PELL, Resident Manage} No. 46 Pine Street*