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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*