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W
AND
HUNT'S MERCHANTS' MAGAZINE,
^
feebly §irw0papev,
REPRESENTING THE INDUSTRIAJi AND COMMERCIAL INTERESTS OP THE UNITED STATES
VOL
NEW
43.
YORK, JULY
17,
r.CUOUAKM.
AMERICAN
DIAMONDS.
Bank Note Company,
|M.H
I
I
YORK.
Alfred H. Smith
FimIiI ITMk
mmt^
— «»« I"T».
AMD
F->^.»Avi[»»
TitixTi**
rB*M
"
'
!M8
ctnSM
KmrMt^
SOLID SILVER.
SAFETY PAPERS.
la
unotumto
ABD
rU^rnmt B«a4Ua>.
Co.,
MJfST
H u Mmt.
SeOMLL.
«.
A. Dl
TiKa
ASA
p.
n
Bros.
BA
NKBR8.
Street,
mat.
J.
&
niLWAVKBK,
ricEuao. itcrj»atii
roTTSB.
Houghton
»lltP*»B.
TOWN MSCtTSBC
W. NL SHUIC.
The
Co.,
ris.
mxl* la «/ put ut tte somoln
AcojuDUoft Biuika, aurahaau aai
0OI.I.irn-l'>M*
M luWwt ralM.
W. WOBC, CMhMT.
Maverick National Bank,
SVBPLVS,
•400,000
«OO,OO0
'
I
BHiSi koagkt ud
&
Floyd- Jones
(Old.
Robison,
T. u<] Philadalphta Stock KxchaiuiM.
Co.,
S.
W.
HANK
Cor. Third bikI
Rt.,
Agency,
Chlraco,
III.,
L.
Um
dMlrina to baj or
In
tail
Rallmad Bonda. Par^
Uoenrraat Bonda wU.
Stocka boncbt In FraetlODal I<oU or otberwiia.
altbar for Caaa or OB Maisln.
t
littalnut Sta.,
PHILABKLPHIA.
IMpaalU iwriTisi
.iiiiiMt
lOAaafe at lUbt, and
In rblliulelpbial
iiTi
PartleaUr •luouon
lOTMUnt
OoraraaaBt
O. B.
I
PrlraM wire
to
Mew
Henry
Andrews, Adams
& Kellogg,
SO
i»B*iii B y,
No. t(
Hair T*rk.
If
S. Ives
ASSAD
P. O.
~
I
«<
» >i
•ikars Raw T*rk
ter
UTMUMoi
or
TINKER * WESTON,
BABKCRS
a
AJTD BROKSB8,
TniK«i>.M«*karll. r.SIa*!
STOCK BKOKEK.
Lansdale Boardman,
HBW TOBBtMBBOAUWATASBSWrr.
T«*T.
m. v^ a*. 17 rauT ctbbst.
Ksck. aaakanklpi t/rlr*l« air*:
radllUn.
M
ST.,
&
Co.,
UiaAM DIWWO. CLAUt DSWIXO. P. T. BoMTICOIT
(Mambar of Naw Tork Stock Exebanga.)
H. Dewing & Son,
BANKERS AND BROKERS,
.*>ld.
18
IMad
at
&
*
18
BBOAD
ST.,
ALL KINDS OP INVB8TMBBT
BONDS. MISCELLANEOUS SECURITIES
AND DEFAULTED BONDS
Um N««
BtaU, Oonntr. CItr aad Rallroaa
ooojtaatlr on band for Ml* or azcbanaa, and
uantlon Kl.an to tka rabjaot of Inrwlfar loMitatloni and trait foada.
Gorham, Turner
and
BROKER
baBaan. iDBadliia Um
of lanafWIaa
York.
Albert Pearce,
MBIT TOBK.
T«f« Bleak Buhaaa*. or la Ika apaa Barkac
nuBra daaoatu »b)aa( to akae k at •uht aad
oa dallr balaaoaa.
New
Stocks and Booda Boncbt and Sold on Comtniiilon
Partlcalar attention atran to Information rexantInc iBTcetmant aecnrltrm.
Inwa l>ian A Tnut Co. • per cent Debentnras
booiiht
BOX !.«.
Tuinl a lansraJ baoUac
ywakMa aad mI«
Steak Kzckaaca.
n. BBira. i Maoiban Ooaaolldatad Stock aad
Patrolanm Exobanca, Naw Tork.
W. Sarra. {
No. 18 Wall Street,
BANKERS.
BAHKSRS AKU BBOKEH8.
r.
H.
York.
C. rLOTIkJoifi
I
aolMtad.
Investors'
TwaotT raara' azpartaooa
&
L. H. Taylor
DnllBad Saoartuaa.
Fred. H. Smith,
BANKER & BROKER,
No. SO BBOAD ST., NBW YORK.
;
tnlfrct nllowrtdoa
Itlaaka. IVindt *.;.. l«.ai«J*
BANKBKS AND BKOKKBS,
4k
o u di u ei
'
0«»<i»
Vt
ii
Moderate Cbargai.
Rirm TO—
MarataaU' NaUonal iUak Md Baak of Nortk AB«r.
Ha, NavTork Marcluuila' MaUoaAl. CWCMoi MjtT.
OMK JtaUoUil. BoMon.
AMo»nlm<
WB.
m
Larva Library of Railroad Deeaaiaata.
Coiapatcut Expana.
OaOdaotlal Raport*.
otkanaoUdtad.
liMiban N.
Washburn,
SC'UDDEK, Jr., Proprietor.)
ANSWERS INQUIKIBS CONCBllNINO
Amciifsan Slocks aufl SocuriUes
BO»TO.ni.
OAPITAI.,
WAlBBtTBV
BwoaBt raoatTadinbJaot to Chack at SUht.
334 La Salle
vtcs-nLmnom
&
for eaah or oa aunrln.
SpMtal attaatl oa ftraa to
Ooi
ILAIDKB LJLKX.
»
SIANK SOOKS or EVERY OSaCMPnON
MM80MOM,
C.
mock* aadBooda Booaktaad SMd on Commlaaloa
(M.
J.
ILL.
BANKERS AND BROKERS,
N«. S Wall SfreM, Itew Tork.
rmrtmrm*.
MHO
TOBB:.
CLARK HTBBBT. CBICAGO,
Townsend
BroAdwa^ and NlseteesUi
WOT-k
MBW
Jao. P. TuwiraEiiD, Spaolal PaKner.
GORHAM MTg
vnuEi. ruLTua,
SAFETY COLORS.
T. Stock Kzctaaom.
STKBET,
Cha*. J. TOWXBBND.
LaKSIXO
Mambar N. V. Block Exclian«a.
cmmf**x-tM»a.
mr excbam>b,
Smm wU mm*
WALL
11
182 BroAdway, Cor. JofeR Street
or
ENCRAVUiG AKD PRINTINa
BASE SVTEa. •AMD CCKTITICATXa. B«XS«
A«., la ik*
Co.,
AVD
Foreign Cov«rnm«nt«.
•TAlira,
&
BANKERS AND BROKERS,
Co.,
•ONOS. F08TACK & RCVCNUK STAMP*.
LCCAL TENDER AND NATIONAL BANK
NOTES Of tba UNITED STATES; and for
earr.KMiKNTa A«r»
fu
•BAm. <iirtK<. BiLXA
I.M.WAGOOXSB.
RMaBSOX.
MMBban N.
&
IHPORTEBS,
Um ir Hal* tt lOT Xmk. lUt,
B. H.
Frank C. Hollins
78 TO 88 TRINITY PLACE,
NEW
1,099.
f^inaucial.
i^iiuincial.
I^itutttcial.
-
NO.
188a
IN
CORBIMPONT)KNrg BOLICITED.
Howard
Lapsley
&
Co.,
BANKERS AND BROKERS,
74 BBOADW A V and 9 NEW STHEET,
Naw York.
Co.,
Buttrick
&
Elliman,
18 WhII Street, New York,
BANEERS AND BROKERS.
FIRST-fXAHM liONDN FOR INVEST«
niCNT A 8FKri\LTY.
Bllla BBlldlac, SS IT all St., aw York
Invaatora wlablnx to Bojr or Hell are Invited to oa
or oorBMpond.
Oba*. W. Tdiiiieii,
Aram O. Ookuam.
Bar and Bell on Oommtaalon for Caah. or on Maririn.
If
Cha*. O. Boblb.
Mambar H. T. Stock £zob.
all
Btocka
A Bonda dealt In at tba
N. Y . Stock B«cb,
,
:
THE ClIKOMCLK
li
IBaufecvB
&
Morgan
Drexel,
Co., August Belmont
PARIS.
**
••
Draw
Bills of
& W. Seligman & Co.
J.
No. 23
&
Co.,
NEW YORK. Boston.
AND
ALEXANDER RRO^ITN & SONS
BALT1.M0RB.
and Sell liills of
lake Teleu;rapliic Traiiitfers ofMoney
Between tbta Country and Europe.
AKECOLLECTION.S OF DRAFTS drawn
abroad on
all
and Canada,
points in United States
and of drafts drawn
in tlie United States on
foreign countries
toA their I>ondon house. Messrs. BROWN, 8H1PLKT
A CO., receive accounts of American banks, firms
and IndiTiduals, upon favorable terms.
&
&
Stuart
Co.,
SELIGMAN A STBTTHEIMER. Frankfurt.
AL8BBKG, GOLDBBRG A CO., Amsterdam.
ALTMAN A STETTHKIMER
Berlin,
Payable in any part of Europe, Asia, Africa,
Aus-
and America.
Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.
tralia
John Paton & Co.,
BUCCESSOKS TO
JESVP, PATOW &, CO.,
62 TirilUam Street,
New York.
Accounts and Agency of Bj.jiks, Corporations
firms and individuals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
DRAW ON
THE UNION BANK OP LONDON
BRITISH LINEN CO. BANK, L0Nd6n~AND
Maitland, Phelps
niTB[, PAYNE & SMITH'S,
B A ST K E R
BANKERS. LONDON
AND
MANCHESTER ic COUNTY BANK,
&
&
32
CLSTBR BANKING COSIPANY,
S
New
bills of exchange, letters of credit,
telegraphic transfers of money
ON niEXICO, CUBA, &e., dee.
Kennedy Tod.
Alexander Baring
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT.
J.
H. O. NOKTHCOTE.
Co.,
Circular Letters of Credit for Travelers'
Abroad against Cash or Satisfactor}
Guaranty of Re-payment.
Use
ExcbaDKe on London, Paris, Berlin
and Zurlcli.
CBIOIT8 Opinio and Patmints
Parts
Made bt Cabli.
4c CO.
House—rnUNROE
J.
WILLIAM STREET,
Offer luTestnient Securities.
Buy and sell bonds, stocks and securities in all American, Canadian. British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
BANKERS AND BROKERS,
Mambers of the New York Stock K.xchanKe
I»AI,IK8 IN FOHEIQN BXCBANOE, OUTERNHIUT
A.NU UTHKU I.VVE8TUE.\T BOM>8.
Buy and
St. and 62 Greene St., N. Y.
on commission, for investment or on
secuntlea dealt in at the New York Block
maraln,
all
Kxchanae.
sell
Canadian Bank of Commerce.
Capita I, W.OOO.OOO.
J. H. 60ADBY
&
8CRPLU8,
B. E.
12,100,000.
WALKER,
JOINT AGENTS,
IS
EXCHANGE PLACE, NEUT YORK
B UY AND SELL STERLING KXCHANQB, CABLE
TRANSFERS, ETC.
I48UB COMMERCIAL CREDITS' AYAXLABLE
IM ALL PABTS OF THE WORiST^
AND
SOS IdONTAGVE
BROOKLYN.
ST.,
OAS STOCKS
AND
Street Railroad Stocks
and Bonds
DEALT
IN.
SBB OAS QUOTATIONS IN THIS PAPB&.
Geo. H. Prentiss. W. D. Prentiss. W. W.
Member N.Y.Stock Exch.
Walsh
LOMBARD INVESTMENT
CO's
UNDOUBTED SECURITY.
Payable
Interest
Semi-Anuunlly
iu
ficw
York or Boatou.
For
sale
by
B.
J.
McOEORGE,
No.
20 Broad
Street.
ma
I
Jk CO.,
Kidder, Peabody
1
i
&
TRUST
CO.,
London
COininERCIAL CREDITS,
Circular Credits for Travelers.
STOCKS
CO.'S
TELEGRAPH
Devonshire Street, Boston.
BARING BROS. &
IN
G^AS STOCIiS,
F0EEI6N BANKERS,
Street, New York,
Messrs.
BROADWAY,
Co., CITY RAII.VrAY STOCKS^
Nassau
.113
No. 96
DEALER
STKRLI.NO l,OAN8 A SPECIALTY.
44 Wall
York,
Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEUr YORK,
Exchange on
ATTOMfEYB AND AGENTS OF
Co.,
New
4 Broad Street.
!
Commercial and Travelers' Credits.
Exchange.
Cable Transfers.
&
Tennessee Railroad "A'
Bonds.
TOBEY& KIRK,
IMELTILLK, EVANS & CO,, LONDON.
t nwnnv
'j
C. J. HAMBRO &; SON,
p.
M^JiS'.l.'*'^!', KRAIJSS & CO., ^ABIS.
HOTTINGLER
Bills of
Unger, Smithers
&
"B"
Six per Cent Guaranteed Western Citf
and Farm Mortgages.
Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, alio foreign and domestic
travelers' letters of credit in pounds sterling & dollars.
llHiuburu;.
Messrs. inarcnard, Kranss & Co., Paris
Co.,
BANKERS.
Ruckgaber,
BANKERS
S» \riLLIAin STREET, NEW YORK
International Bank of London
(Limited), Loudon.
nessrs. Jobn licreiiber:;, Gosaler&Co.
&
Kennedy Tod
No. 63
&
COBHIC8PONDK.VT8 OF TBI
and
1st
Member N. Y. Stock Exch'ge
Sell Bills of
Schulz
Mississippi
Alabama
of
BROOKLYN SECURITIES
Tork.
KDINBURGU AND BRANCHES;
iuna
Western Railroad
and 2ds.
AND AUi KINDS or
NATIONAL BANK OP SCOTLAND,
&
& Marquette Land
OAS SECURITIES,
34 Exebanee Place,
BELFAST, IRELAND;
AND ON THS
No. 32 Nassau Street, Nevr Yoik.
No. 4 Post Office Square, Boston.
Mort. Bonds.
Detroit Macliinac
Grant Bonds.
Co.
COMMISSION MERCHANTS,
MANCHESTER, PAYABLE IN LONDON
John Munroe
%nvzstnttnts.
SCOTLAND.
J.
83 *NASSAr STREET.
BILLS OF EXCHANGE ON
"LIMITED,"
COMMERCIAL CREDITS, AVAILABLB
ALL PARTS OF THE WORLD, ON
Messrs. C. J. Hambro & Son. London.
ISSUE
IN
Issue Letters of Credit for Trarelers Iron Steamboat 1st Mort, Bonds,
On SELIGMAN BROTHERS. London.
Detroit Mackinac & Marquette 1st
SELIGMAN FKKRKS 4 CIE, Paris.
IN STEBLINO,
ATatlableln any part of the world, In Francs for
Age In Martinique and Guadaloupe, and In dollars for
mse in this and adjacent countries.
FOREION BACKERS.
BUY AND DRAW BILLS OF EXCHANGE,
MAKE CABLE TRANSFERS, ISSUE TRAVEL-
^^peciixl
Draw
Exchange
Bay
ON OKKAT BRITAIN AND lUKLAND, FBANCB
OKK.MANY, BKLOIUM. HOLLAND SWITZ.
KKLA.-Jl), NORWAY, DENMARK,
SWEDEN AND AUSTRALIA.
laane Commercial ic Travelers' Credit*
Oor. Exoliange Place,
New York.
Phlla.
J
BANKERS,
BROAD STREET,
OLD BROAD STREET, LONDON.
Brothers
Co.,
STREET,
NEW YORK,
ERS' CREDITS.
Exchange on, and make Cable Trans
and Germany.
fers to, BnKlaud. France
mORGAN
Brown
Eaq,, Vienna,
AND THEIR CORRBgPONDKNTS.
ATTORNKTS and A0K!«T8 0»
& CO.,
rauara. J. 8.
22
aU
oxm.
M. deRolhachild,
B.
JSAlfKERS.
In
&
Roihnchild
Sons, London.
de RotbHchild Broi^, Pnrla,
91. A. de |{oibM;hiiai& Sona, Frank.^I.
&
Ickelheimer
39 IXril^LlAn
parts of the World, through
Oleaar*. N.
lori
Securities
Depoalts reMlred subject to Draft,
on
boacBt BOd stild on commlssiim. Interest allowed
DaDoslts. Kort-lgn Kxchnniie. Commercial Credits.
TrarelerN
Letters
for
OmI* Transfers. Circularworld.
allable In all parts of the
o.
Co., Heidelbach,
No. 12 Fine Street,
188DB TBAVKLEKS' CREDITS, available
NEW YORK.
DOMBSTIO AND FOKEION
&
BANKERS,
Drexel,HarJe8&Co
Drrzel & Co.,
Oor. of 5th A Chestnut SU. 31 Bonlenurd Uuuiouuui,
miLADELPHIA
Stramevs of WoveiQU JcxchKnviz.
atijft
WALL BTKKET, CORNER OF BROAD,
XLUI.
[Vi.L.
Bank
See
STOCKS,
Stocks, Insurance Stocks.
my quotations
In Saturday's
of Trust and Telewraph Stocks
Evtnint fast and Datln IndtcaUrr.
Atlanta ic Cliarlotte A. L. R'r Bonda,.
Idemplils & Cbarlestou RR. Bonds,
RIempbIs Sc
Little
Rock RR. Bonds,
Cable Transfers and Rills of Exchange on Carolina Centi-aTRR. Bonds,
Oreat Britain and the Continent.
Nortli Carolina State 68,
KOVNTZE BROTHERS,
BANKERS,
120 Broadway, Equitable Building, New York
letters of credit and
Circular notes
Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of Londoiu
Telegraphic transfers made to London and to various
Jilaces In the United States. Deposits received »ubeot to check at sight, and interest allowed on balabces. Government and other bonds and InTeetment
•ecoritlea bongtat and sold on oommlsalon.
BImilng:bani City, Ala., 7s,
And
iniscellaneous Securities,
BOUGHT AND SOLD
By R.
A.
LANCASTER &
CO.,
10 \rall street.
IF TOU WANT TO BUT OR SELL ANT
PUT8 0KCAL1,!*«»N STOCKS OK BOND»
write
to.
teleKTaph
to.
send
for, or call on,
H. W. KOSENBAUni,
New York
00 Exdianne Flare,
Telephone call " New 817."
I
:
July
Satifecvs
aud groliets
B. CBCeiB Oakut.
jAMia WSRBLT.
>L4rXABDC.KTBa.
_ _
BSJrBT U. DuDoa, Wuhlnctoa. D. C
WM. R. TmjkTMaa. SpMtel l>utiMr.
Prince & Whitely,
64 BHOADWAV, NKW TOKK.
ifo.
1 180 riflh At*. N«wTof*.
D..w.^ ,,_,_.
BRAMCB
urFicw{gg,uth8t..w'iahliiatoa.aa
Bay «b4 ««U OB
m
THE CHKOINICLE.
17, 1888.]
n ot
«riai»hrtn«i all I I I
&
Taintor
^eva
iti
^rU
Holt,
Geo. K.
Ho.
11
VTall St.,
a OBNBRAL BAirKINQ bulnaa*.
DKPOSIT8 neelTed and LNTKKBST aUowad on
Ptttatoai*.
BAUAOAO
Baoorttlai.
i
CBAJunr. Cox
.
Member
N. Y. 8to«k
O. B.
TAUrrOB.
schaac*.
Carolin
&
O. D.
DEALEUS
Bar and aell on Conunlsalon,
Mcnrltlaa dealt In at the
.
aad aold ae CoBmlaaiua, for
Do a atrlrlljr rommlaalon Bualneaa
•T«M'K!*, BO^IDM aB4 OHAIN,
&
Gilman, Son
BANKERS AND BROKEKS.
Pnrue wire* t-> CHK'AUO, BALTIMOkk,
FHUJLUBIJ'UIA and Intaraadtate Poiata.
Co.,
BANK£R8,
la
Ho. SS
A. Dutenhofer,
BROKER
la addition to
InTaatora wlatalna to bny or eall are Inrtted to call
or eorraapond. Prompt and pereonal atteaitun Klven
John
a
H WA1.1. 9t^ WW TO»K. d BaO OoTaraaeot Booda and
Baowk.
Wood, Huestis & Co., WALaioa B.HkkkkkT
Baow>.
Oenaral
BANKKBS AND BBOKKBS.
I'ccEaAuajB Tu
DAVIS.
WOODaD *
Mewittaa
For Hale
n»T.Ciji<a Kaiuhoad nntrt koKraAea
:
OBUBC.WOO U. CU.MCMTia.
Co.,
mxuKKHii a:io buokbbs.
N*. *4 ria* MrMlf Haw Tork.
TraaiMt a e«aeral BaaHwy
I
BwlMa^
te^kt aad aoM aa CoanriHlaa.
&
Chrystie
Noa. tS *
BlMitm-
la Di
Robertson,
BOWD A!VD STOCK BROKER,
akannnaad
. Pamaalir fttgouua mireu
Hew Tork.
:.ce.
tarmtmrn
Jqa.C. Walcott.
PaAJiK
Oicauisoa.i
r.
Bass,
BROAD HTRF.trr, MEW YORK,
Ho. SO
Hew Tort
c* tke
t
W. H. Goadby &
Co.,
sTOi'Ks,
Boma
AHD atSCKLI. A > KOLS tBOVBITIBa
w». n. Roul-.
Hkar K. TTSIoek Kichya.
-,
baarfallr famlabad.
^v. Aiax. BAM, Jr.
itaiDber M. t. Produce Kifti'anice.
Walsh & Floyd,
BROKERS,
TOCK
•
Ho. t6
BAXKER8 ASD BROKERS,
BBOAD BTREET, NEW YORK.
JAHM W. WAlkS, Jk,
BBOAD STBBBT,
Ha. 94
Oc .V* Breadwar, N, T.
Btocka, Bonda and United StaCaa Uorammanl
Seonnttoe Boocht and Sold on Oommlaalon.
Bbtbblt Cbbw.
Jai. U. BIMONa.
Maabar N. Y. Slock Bxeban«a.
4 Bsekaase Ceari
&
Rolston
WetweariaaaHal
Chew,
STOCK BROKKBM,
mai illiu
kaawfWtaa.
&
Simons
and rotalkn Bi-
ui liiflaaalliw
L.
Dealer la Inrestment Securities,
No. 7 NASSAU STREET,
(OonUnaatal HkUonal Bank Ballsing),
Hair Tork.
uanU of BoSioa.
—
Deaf la h
.
«
oaU witk 0*.
Maabar of tba Maw Tork HCoca Bxebaaae.
.
Janney,
BANKKR8,
9< Naeuta St.,
Male. MoBlclpal and Railway Hondi and Conpona
boashi aad totd at beat market rmlaa. Inreatora or
daalan wlebtad to oar or eall are iBTttad to commaBl*
J-
no. SO HASSAC 8TKKBT,
HEW YORK.
L.M.gWAJI.
&
C. Walcott
'.
J-
.
BA.XKERS,
Haw
Dune.
Oltrt
A BPBCIALTT.
Walston H Brown & Bros
Hated at Ike
ordara In
lTT^n*aT
ioffk iiiiok Kioka
BI{OK.BB.
New Tark
SOCTHBBH SECDBITIBS
Ho. 14 Wall Street,
P.
XEW YOBK.
Manning,
B.
BANKXR AND
Wo.
PINK STRKtrr.
Stock Bz>
toaUorolMa.
CBDAB
WItb
31
on margin
AND
Dealer in Miacellaneoas Seenrltles,
MILLS BUILDINO (3d Floor.)
Caah or apoa
Tnaaaata a leaacal Baaklac kaatneaa, mehidlad t ka
BooauKAM.
33 WALL STREET.
paniuaa and Mie of atoaki and boada (W aaak or oa
8TATB AND CITT BONOS OP OBO ROIA, ALSO
OP TBB CBNTRAL RR. A BANK.
fBCDRlTUB
Co.,
NO CO. or OBOROIA A SPBCIALTT.
&
John H. Davis
New York
«
Cox,
&2gL'
for cash or
Intareat allowed on daily balancea.
All dapoalU anbjeot to cheek at alaht.
.
Partleolar attention to ordara br mall or telecram
C. J. Turner,
Bankers * CoiBaalaalaa Stock Broken
Mo. M BHOADWXY.
(U Taan' Manberaklp in lAa H.T. Stock Bzehaoji*),
BiMdk Oa«,SU Madlaoa At, ear. 4M 8U H«« Tack
BAHKKB AND BROKER,
OepoMifWMfed eablaet to ekeak ai al(ki,aa«
latjaat aUeae< ob 4^? ha a a aaa. All Moaka aod
16 A 18 BROAD ST.. HEW YORK.
DiGailtlia dealt In at tbe New Tork Stock kxekasae
l
IN
FIRST-CLASS INVESTHENTS.
all
Pi o T l daa na and Boatoa.
OBO. B. BOLT.
L'HDIUXB.
PriTate l alaki a t h wtiaato
wif V. (iiBoua,
York.
TRANSACT
Ballim«
BalUaonL WHhla(Uia.B(M«waft.M** Haras
Boatoa and
Sons,
Sistare's
16 dc 18 Broad Street, New York,
ISl Sonth Third Street, PhUadelphla.
Cor. Hair, Heir Tork. Cooaected ttj Prlrate Wire with main office. New
BANKERS,
But and aaU 0OTBB.VMKMT. MCNICIPAI. and
too.
Citg.
Member N.
HIOOU. VLOTD, JB
T. Bloafc Bxckanaa.
Neir Tark.
R.
&
Kimball
J.
Co.,
<^
BAITKEBS AJID BROKERS,
17 Tean' MaakanMa Hew Tark Slook Buikakga
><
MaatkennMaMMB aiaafc BHknaaL^
* IS
auwM, Haw Tark.
Hoe. IS
ALwmmD
W. g.
Dickinson
a.
SO rtaa
a
M. :
dwabo p. AAUsa
Diaiijiao>,
&
Ailing,
Haw
Straat,
Tark.
at H. r. Meek K»nkaa«a. for W.
ar oo ICAJWUI, all akMaa of Moaka
>
Haf.
H*. ti
&
WALL STBBBT,
Tork.
IS
Hew
T
uUI
bawkebji akd brokkm,
HBW TOBI
BOX I.M7.
WATUAxn Trauc
p. O.
W.
C.
Stewart Brown's Sons,
STOCK BROKERS,
64 Broadwar
A
19
B.
J.
Mokak.
New
&
Cahoone
Sail iBrestBient Saearltlea.
A. M. KiDDka.
Execute Ordara
In
all
St.,
New Tark
Wescott,
IS Wall Street,
New Tork,
BecoriUea Listed on
NEW YORK STOCK EXCHANQB.
HILI-
Special
AttanUon ilTao to
GorernmeBt A oUier InTestBtent Bonds
600 J 0t
Corraapondanea SoUolted
Mohottan
Bishop,
PIHB STBBBT.
1« ^
s aanaral Bankin
and aala of STO
" ^aktfiaMo
Hamilton
Cok
B A N K ER
JOBM BOWAJU) LATBAV, rkkDUUOK W. PBBBT
Member of N. T. Stock Eidiango.
J.
BA H KBR
»«,
H. Latham
&
Co.,
UNITED BANK BUILDINO,
HBW
WALL
M Breadwar. rar. Bzckante Place, N. V. No. S
TOBK.
STBBBT,
Branck OBce, -Ml La Halle Hi., Cklonra,
State, Railroad, Diatrlet of Colunkia
AOBNBRAI. BANKINO BU8INH8& CItr, Ooutr.
Bonda and Poralda Bs Aania.
TBB PUHCTIASB and 8 A LB 6V
Oorraapondaaae Solicited.
..J BONDS rOH CABB OB Pit MARANU BBI.t. INVRSntnrT HBCCRIIWT AI.IX)WBD_OT DBPOelTS
'
Simon Borg
CBBCK AT 8IOHT.
P. 0.
D. A.
H.
B. Hollins
&
Box M7.
BOODT.
(-'.
BkirkBlf
W.
IICl.BLI.A>.
LklUND.
Co.,
Tl
RROADWAT, NF.W TORK. OniTED
Cokkkarua rairri
ll«e«r..
K W. rUk RK A
'
*
Wall
rrooKB,
CO.. __,, , ..„ ._, .
«B.\I»BUT. i'^"-^''"-'"'^'
1
K»8 * TCCUMIA.t. Bono*.
HASSAD
DBALBBS
BAincnu.
T»*
Ho. IT
I)A.NKKB9.-
BANK BDIILDIHO,
Street, corner
Broa«war.
Bonoa* aoaiMMROtAt papkb.
IN
&
ST.,
Co.,
HBW TOBK
ALL KINDS OF
Ballroad and InTestment Secoritleu
BOUTBCBM BBCOBrraW A BPBOIALTT.
R. T. Wilson
&
Co.,
BANKEB8 AND COMMISSION MERUQANTS
S. BzcbaoBe Court, 'New Tork.
.
THE CHRONICLE.
IV
^oteten
©attafliau awfl
-
SVBPLVS,
-
C. F.
»12, 000,000 Gold.
-
.
FOREIGN.
Hong Kong & Shanghai
&
Bank, of Montreal.
$6,000,000 Gold.
Co.,
Blake, Boissevain
ENGL.AND.
L.ONDON,
BANKING COBPOKATION.
Paid-up Capital
*I'Sffi-Sffi
••.•.•".'••
unu ...:....,,...,, .,
Reserve rFund
^-^-^
„.:.,v-l-.:"
Keserve for Equalisation of Dividends.
7,500,000
Reserve Liability of Proprietors
of
u/c,.™.. «The Corporation grant Drafts. Issue Letters
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon,
Nlngpo.
Am.>y,
Manila, Hong Konu, Koochow,
Bhanghal, Hankow, Yokohama. Uiogo, ban Francisco
Railways
Solicit accounts and agencies of Banks,
Corporations, Arms and Individuals, upon
favorable terms ! also orders for the purchase
and sale of Bonds, Shares, *c., *c., on Com-
8MITHEK3, President.
Manager.
W. J. BUCHANA5J, General
mission on the Stock Exchange.
Negotiate Railway, SUte and City loans.
New York and Bostox Cobresposbknts,
yEW YORK OFFICE:
59 & 01 WAI.I- STKKBT,
No».
WALTER WATSON, I XgentS.
Heinemann
85,799,200 Paid Up.
$1,500,000
-
....
^""^iSkS.^d'jrU^Bm?- I^liKRSON,
Es,.
General Manager.
ORORQE HAGUE,Assistant
Oeneral Manager.
H. PLUMMER,
J.
Clydo'sdaie Bank (Limited.)
LONDON, ENQ.-The
Bank of New York, ^. B. A.
iBBW VORK— The
The NOTT York Agency
ng Exissues credits aval^^le in
sells Sterl
buys and
ahsSle. olble l-ransters,
wtioC theVjrld; makes collections In Canada
S<fS5?where and Issues d^""'
dlscrlDr^Fvel-y
Every descrlptSe offices of the bank In Canada
Uon of foreign banking business \indertaken.
S
WaU
N«<r York Asencr, No. 61
UE.NBY HAGUE,
TOU.N
B.
UABKIS.
I
JR.,
Street.
AgenW.
^°""'-
Exchange and Cable Trans-
ed In Pounds Sterling
tss
tl£?«D,ayai"ble
River Plate 4c.
in the Brariis
business trans^Bllls collected and other banking
"'^
l"l.^hKEMAN!''1^«°^-
Imperial Bank of Canada
CAPITAL
(paid up),
sirBPi.c;s,
HOWLAND,
HEAD
Pres-t.
$1,500,000
$480,000
-
-
WILKIE,
D. B.
liRANCaBS:
F. B.
Falls
and
Gait, Ont.
A Sterling
Farm Mortgage
FIRST
Exchange.
Buchan,
TORONTO, CANADA.
and Bonds, Sterling Exchange, Drafts on
UewYork, bought and sold at CUHRiSi-i' PRICES.
Cdl.l.KCTlONS MADK.
Stoclcs
Interest and principal paid
York. Funds promptly placed. Uirge
No losses. Send tor circular, referencea
J. T.
and sample forms. F. M. FKKKINS. President;
Vice-Prest.; L. U. PERKINS, Secretary
Anglo-Californian Bank
WARNE
Correep^nd'ts, Massaohiuetts N. Bk.
-
•
-
-
In
Btooks, etc.,execut<«(i upon the most favorable terms.
FRI 1>K K. LOW,
"*""«*"•
lONATZ ST BlNllABT, iM«n«»or.
J
LIIiUMTlLAL,
Coahler.
HAKT. Auditor
Sums
Loans of approved Railways, negotiates and
Issues Loans on the London Market, acts as Agent for
Railways and other Corporations, either In the matter of
payments of Interest on Loans, Dividends on
or Beglstratlon of Stocks In London, or otherwise.
Cable AflareM-PATT,
of $100 and
jros. A.
81
COL.OBADO.
DENVEB,
have on hand and for sale tlrst-class County
and School Bonds and other choice secuntles. we
especially recommend to conservative Investors our
RKALBSTATBLOAN-<on Improved City and Fann
Properties. These have been made by us after rigid
investigation of IJtle and values, and can be transferred at once. Correspondence solicited. Highest
references East and west.
We
WESTERN
GUARANTY
LOAN CO.,
Bankvereeniging,
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mortgages, inlerest tt percent to
7 per cent, principal and inter-
MINNEAPOLIS.
BLIJDEN8TEIN & CO.,
OLIjAND.
AiaSTEBDAM, - - - 1861.
Capital fully paid up.7,203,925 Guilders (13.881,570-)
(»365,837-)
913,0«a.52X "
HaserveFund
OFFICE, AIHSTEBDAin.
BS.iyOHES:
BLlJDi2N8TErN A
No. 55
A 56 Threadneedle St., E.
Rotterdam—DE
C.
WissBL-en-EFFECTENBAni.
Enschede-B. W. BLIJDENSTEIN, JE.
est absiiluteW
guaranteed.
Se-
curities for guaranty held by the
American Loan A Trust Com-
pany, of Boston, Mass.
Send for circulars
to
Faid-Up Capital, NEIIEIt Jfc CARPENTER,
S-^00,000.
Banliers, Troy, N. Y.
Anthoriz'd Capital
Eastern Managers for Company
S'^,000,000.
8%
7%
6%
The
of Bmcapital
metsburg. Iowa, incorp.iraten with a
Huron *nd Mitchell,
of i^OO.OilO, with branches at
Americnn Investment Company,
paid-up
Iowa.
t)akota"offer first Mortgage Farm Loans >n
p.il and InterMinn.. iVkoUi, and Neb., both PrJncDebenture
Bonds
cent
(I
i.er
Also
eat JViinrantPfd.
robl'gntU.nsof IheCompmy), y>'""'">',i"A,^'SfS:
with
Mereured bv Mortsage loans deposited issuesthe
rnnrileTruiTt Co., N. V. It also Interest.Demand
Write
C?rtiV<Stes of Deposit at 5 per cent
for pampt.let and references
HonieOdice. F.inniptsbnrB, Iowa.
Nnsxnu fst., N. Y.
E. S. Urnisby, Pri-»., 1.50
CO.
Transact a general Banking and Commission
Business In BUls, Btoota, Bliares, Coupoas, &o.
^utiiavi J^ales.
STOCKS
me Undersigned
(Incornornted by Royal Charter, 1835.)
Threadiieedio St., L.ondon, bngland
hold
8AI..E8 of
BONDS
REGULAR AUOTIOH
all
clasaes of
BONDS,
STOCKS AND
ON
•
the
numerous branches of the Bank throughout Auatralia and Nc* Zealand.
Bills negotiated or sent for collection.
Telogniiihlc transfers made.
Dopoails received In London at Interest forflxfl'
periods, or for transfer to the colonies on terms
application.
which may
' be ascertained on
8ELBY, Secretary.
and
At Auction.
Bank of
PBIDKAUX
Dickinson,
INVESTMENT BANKERS,
London.
B. W.
mooBE,
&
Hay den
De Twentsch^
HEAD
In-
East Market St.. Indianapolis, Ind
NORTH-
ESTABLISHKD
Upwards on
diana and Ohio Lands.
PROMPTLY PAID
VOTHINO SAFER. ALWAYP
SEND FOR PA.MPHLKT.
This Compai>r nadertakes the buslnesa of Trustee
$6,000,000 4
Pai<i-u|. Capital,
- 1,500,000
'''A.'llS
- - ,--, i"*',"""
Reserve Fund,
- - 400.000
Letters of Credit and Drafts Issued on any of
-
Transact a general banking business. Issue Comterclai credits and Bills of Kxchange, available in all
parts of tne world, t'ollectlons and orders for Bonds,
P, N.
N. F.
Farm Mortgages
NJiW YORK 00BRE8P0NDENTS:
(LIMITED).
liONDON, Head OIHce, 3 Angel Court.
NACHOD & KUHNE
SAN FK AN CISCO Offlee, 422 Californla 8t. Messrs. KNAUTH.
HEW YOHK Agents, J. & W. Sellgman & Co.
Australasia,
•
New
CHAS. W. GILLETT. Treas.;
to
Almeloo-LEDEBOER &
THB
Antborized Capital,
Paid-up Capltui, Beaerve Fund, - •
i?! °!?5^f,
MOBTOAOE LOANS UPONonIMPROVED
day of ma-
FARMS.
turity in
Capital Paid Up, «9T 1,360 Sterling.
STOCK AND EXCHANGE BBOKEBS, London—B. W.
BOSTON
Co.,
Offers to Investors the best 'eoafiyf? '°
LONDON, ENGLAND.
^
&
pijotrtgagcs.
THE WESTERN
BANK BUII.DING8
4
Thomas, IngersoU,
Agents In London
Agents In New York:
Uoyd's, Barnett's & Boa- Ba.nk op Montreal,
anquet s Bank, limited,
B» Wall Street.
jAimbard Street.
Promptest attention paid to collections payable In
any part of Canada.
^,
x j
*
Approved Canailian business paper discounted at
the Head Office on reasonable terms, and proceeds
remitted by draft o n New York.
Gzowski
'guvm
BLAKE.
I.AWKENCB, KANSAS,
Railway Share Trust Co.
Welland, Fergus, Woodstock, Winnipeg, Man.,
Brandon, Man., Essex Centre, Niagara
Dealers in American Currency
STANTON BLAKB.
A. A. H. BOI.SSBVAIlf,
Cashier.
OFFICE, TOBONTO.
St. Catharines, Port Colborne, Bt.
our
experience.
No.
ffi?.SSi.i£i.^"oruse'''rK
8.
BI.AKE, BOISSEVAIN & CO.
MEYEU will sign tor
MB. H. J. DELANOY
Orm by procuration.
WAtl. STBEET.
AW NOTES
T
(LIMITED),
and Ireland
fm iMufdemancl draft, on ScotlandFrancisco
and
iSS'on Cs^da, British Columbia, San
H.
Co.,
THE
North America,
sell Sterling
•^'S^rrti
&
demand drafts.
Negotiate Railway, State and City Loans.
or
Wnv and
January, 188*.
i
Bank
No. Sa
1st
we have this day commenced tocarry on a genBanking and Commission business at the above
address, in co-partnership, under the style of
chase and sale of Bonds, Shares, *c., *c. on
the Stock Exchange.
Interest allowed on Deposits, subject to 60-day«
sight drafts, at Bank of England rate, and
one-percent below that rate subject to
AQ£NOY OF THE
British
C,
''
Railways
Soiiclt accounts and agencies of Banks,
Corporations, Firms and Individuals upon
the purfor
orders
favorable terms; also
OFFICE, mONT«EAIi.
BEAD
K.
8t.
ACQUAINT YOU THAT
I.ONDON.
OF CANADA.
•
TirE BEG TO
4T Wlilinm
COPTHAt.L COtTRT,
11
LOKDON,
62 Grcsliam Honse, E. C,
Merchants' Bank
Capital,
CO,
eral
No. 2a Aftehurch I.ane.
Ofllce,
and London.
A. M, TOWNSEND, Agent,
18 Wall Street, New TTorlc
as State Street, Bonton, Wtt»».
;
I,ondon
BROTHERS &
BL.AKE
Exchange, Francs and Cable
Trayelers' Credits
Transfers; grant Commo'Clal and
o".Tallablelnanypartof the World Issue 0™*"
throughout the
•ad make Collections In. Chicago and
Dominion of Canada.
Sell 8t«rllng
BOT and
XLUr.
jBatxUg anfl Igattfeers.
FOREIGN.
CAXADIAN.
CAPITAIi,
[Vol.
WEDNESDAYS AND SATURDAYS.
BIIII.I.ER & SON,
NEW YORK.
No. 12 PINE STREET.
ADRIAN H.
I
I
BQUrrABLB BnUJ)tNOj
—
«
THE (IHRONICLR
Jin-Y 17, 1886.]
gaufes audi gaufecvs
BAXK9.
oio.
nvma*M.rjmft.
0ut
of '^txo '^av'k.
EW
EXGL.AKD BACKERS.
Capital, 9300,000. Snrplaa, 950,000.
Tkl* Bank bold* >a irMltlua 11,000.000 U. B. 4 Mr
oaiit tmr.tttm* *9 »• Maakboldafm lor
»• proUcttOB or lu imum tn.^ Bald koa*Bwk
«ltdMdMaboT«lHMa«<tfbaln«lMld~bTtb«
put o/lu ImlMVlaa, to urotd «lMi w« thlak
mnjoat «ad tmcmtkr* local lauUoa.
—of
M
m
Samuel G. Studley,
BOSTO^r, HASS.
Oapltal
Dtp mtu m
UU
aad aarplaa,
iiapainfaiij ailiaiad
JO*. M.
for.
It
"iBoar'aaUra^aDd gnwiat otty moncf
of
MM
lad
alvan
la
la
Jos.
Ul«*iuatruj.
fi.
jKwnr. Pnt. Jimiai JKwnT,T.rr«a
WtLUAa C. Ooaxwnx, Caahlar.
Bank of
BUIa of iTrntiMai aaa I<at»a»» ot
aaoBMAKiB.
Boaaar M. JAanrr.
M. Shoemaker & Co.
BAHKBB8 AJf D STOCK BROKBBa.*
IS4 BOCTH THZBD 8TB KBT,
If*.
9300,000
&
Wilson, Colston
Co.,
BA.MKERS AND BROKERS,
(Maaibet* ot Baltimore SUwk Exokaafa),
The Bank
of Durham,
DlBHAai,
!«.
D. J TOMPKINS. Sacretarr.
Jftmw TORK DiKBCTOBs-^OMBk w. Braxal, A. L.
Bopklna, H. Ttotor Naweoaw, Jokn Paton. Daolal
Torranoa. Rdw. r. Wlnaiow, Bnatn* Wlmao. F. P
No*, ait
''SSLfiSe!*!'- •'*'•**•
BONDS eV aOBBTVSHIP
•oott* of tk* rartoB*
Oorrai»aad«au-llcKla BioUa* * Oo.
PolletM l**a*d idaliut aoeldaou oaiulng
lotallT dlaabllna tnjarlaa.
InforaaUona* to
<
r
,
falA
(
!)•••••
nm^-jtukX
.
B.
luak aad Natlaaal Baak at tha ll««aMI&
BCBBCM.
Prtrl.
Bank,
WU.HIII«rr*ll, N. o.
&
Fisher
BANKERS,
—
Vinui^VIA.
TlSStjl p. BAABica. fiMdaat.
Cfeah. r«si>. B.a<xnT. Tic»Pr«at
ir.OLSini,
THOSAS BRANCU *
CO.,
BAlTKBBn AND COMItUatOM MBBCBAJrn.
AND
Sons,
Aa4
D«>aiera la tioTrraaaaBla, Bta«lu
aad iuvcatment Hecarttlaa,
Orroa^B »acuss »t
33 DuUTU bTRBT,
,
OWMWI— aa oa an »m«« ef tka Ualtdd Blataa.
MERCHANTS' XATIUNAL BANK,
KKH.nOND,
Wm.
A, K. WALksa. CaiBlar.
First National
I>01(K.-<TIC
rORBlOX BA.NKIKQ BUSINBUH.
•«00,000
k«*MM la oar MaaL
uanwDBaia.— haaortan' A Tradari'
'•Uoa (Ina lo aB
A OR.XEKAL
OBKBTNVT BTBEBT.
lalioDdarnoak*, i£*CDll*«t* lntar«*t
B mbItm Boooy «i dapoait, alio*.
Aa dadrabla loTMtaaou omr, will
aoada, aaearad br lu oapital and
WILUAM
.
Crala* l.iuclni-ott.llaiuiltoo l>l**ton. Clayton Francb.
rraac-i llawl*.
H.
by
wlU
aU i asaratal pvlou la las aoaatrr, _
ikallaoaaL.
'
»aclal attaatloa «lT»a lopurnhaii
taadaala
aatfla 6i TIraUte Coaaoia. Taa.fortm. t>«latiad aad all Imbm
•fSatlata. aad to all eluaaa o< Boatkara Mata,
Bauaarr Baaanu**.
gjg^
L. Grant,
Ha. 14S
BBOADWAT,
NBW
TORK.
CUT KAILBOAD STOCKS
ODOHTaAND
WESTERN BANKERS.
Lamprecht
BAiVKERS.
Cobb
r,t.
.
II
>
kad
&
Bros.
CLETKLAM), OHIO.
Tiaaat a noaral bukinc kadataa. aad DBAL
U«.TOWII,.0«}i;/«TT A.M> CITY BpJ<D!<. U*l«
aaa pnaaa raraunaa nn nppiioaaaa.
or If too
«1*k to bar or Mil. Haf er. br a i alM u i i . to tkwfaty
f or Banaaa. SaMndi a TruM U>. aadBiSiloaal Bank*
wnu
ft
BONDS
BOIJ>.
«aa Qaotallaa* eC CRT Bailroad* in tkl* papa.
E.
Co.,
BCPKUIOB BTBEBT,
Ha. ItT
Brewster,
nmi-Kii«.
BROCK
w
Kit, Vioe-Pr«ald*Bt.
A li
irvr.
BRNRY M. IIUV
Rl llKl.liKll r WATTP, dtcTHlmtT.
Board of Mrbelor* William nr-xrltn-. lieorv* (.
Paapar, aof«iaMalllekacl, Wbaruin Karkcr. Uaorr
C. bitwin, T. WIMar Brovo. William Putter.
AdTiMjry 0>ainilit«« of Mockbuldorfl.—Gaorae H.
Truatman. (justavu* Roallsb, Isaac li. Clotblar.
« Ilium PriM'vr, H. l>., Tbooia* Uolan, Jobn O.
Kasdin*. Jowpb B. (illtlsnaiD, Jnbn Wanamakrr,
llcnnt r. Kmltb, rh*rlM B. Wrtuht, lUnrr LawU.
I
BANKERS,
f:\4;i.A5iD
JORsM.Calica.Sao'r
».,
BAI.TinOBB,
Bara Waatara UaKm wiraa la tkair oMea*.
otwkMhllaaodiau ooaaaalaiuoa
aaiiaiataSd^R
NEW
Praat.
or
ean b«
CompaaT> Acaala.
Capital, ••i,0«a,«««.
Aal*
PiBaoelal Agant In tka oecutlatlnc and
arbatlM at SaoBrtUa*. OoaU In Rood*—CorporaalRaiBiiad BMM a. Maalalpal. fe Kznentwordera
BIOBMOilB, VIBOUIIA.
•ataodlaBlka daMaof
dMtk
datall*. rata*. Ro.,
Philadelphia,
SIO
'
TRAIlaACT
tka
O. O. WUIIani*, DsTld Uow*,
W.O. Lov,
J AT. gtranahan, A. 8. Barnej.
ChariM Dannla.
A. R. Hall,
U. A. Harlbut,
Alas. Mllekall,
J.Ii.Rlkw,
J. D. TanaUTjk
8. B. Cblttandan.
ttaaaOoa.
Wbi.1i. Kichard*.
,<
IMTTLB BOCK, ABKAMBAa.
t>j
M
Robert Garrett & Sons,
BANKERS.
STATB BANK. IC. T. Walkar,
J. O. rMd
'
laoorparslad ia7A
If*. T BOVTH BTBBBT,
German National Bank,
BALTIHORE,
_
(
StatM
CA8VAI.TK DBPABTIBBNT.
The Investment Co. of
•V T«fftMdOu«i»i»oadii
m .-T»Wan oa«l
avramk Ward MatMoai Baak.
)
OoTt Bond*.
from tkl* Coapanr at modarat* cluniea.
Tb* bond* of thi* Companj ara acoaptad
mrmmmm aad octbbrh saccRima a
.
In V. a.
OW rt « l * of Bank*, Rallroail* and Rxprau ComnaalM, >Uoa«ai«.na«i at ai lM, and Oark* ot Pnblls Companl«a, laitltatloa* aad OoBaaretal ttrm*. ean obtain
BALTIBOBB.
Par gfoelAl AttraUoB U Oileetloai.
ruar-CLAM rAaunaa.
•"»»«•«
CO.
NBW TORK
•aoa,oao dapoaitad with tke N. r. In*. Dept. lor
tk* prutacUon of Pullcr-kolderi.
A «*««« JanBarr l»t, I** •6»0.S)5 48.
Oorraiaoadaae* aollcnad aad latorsMllaa tn-
C,
& CASUALTY
A US BROAOWAT.
Wa. M. RicaABua,
BALTinORE BANKERS.
». T.
r. A.WiL>r.Chafeiar.
Bum. Jas. rcBBIBB.
EDWARn RAWUXea.
NEW TORK OKFICE:
HO. Ill BROADWAY.
lla n *gt n g Dtraetor:
oktalnad at baad oSaa. or of
TMabMAkM
W. T. BLACK wKLx, Prat.
BIB A MI T. Qai,t.
PBll
PHILADELPHIA.
Buffalo,
CAPITAL,
BCVFALO.
Btoek
9*00,000 OO
I
—»««.«
Haw Tofk
Birihintaa.
TnUarf JIaiM.
^Sooo
M0,00O
TIea-PrMldaat
Praddant:
FIDELITY
PHILADKLPBIA.
tka PhUadalpkia aad
.
- •
UOaOOO
AaMUaodRaaoafVM
.
Gerlach,
CHESTNUT BTREET,
Ho. 437
Mamba* of
MitiitaaH, Carponuoo* aad
ftl——'- at Baakik MankaaU,
I
&
Narr
BANKBBS AND BBOKKB8,
•/
OF NORTH AMERICA.
Ck*h Capital
PHILADELPHIA BANKERS.
Gate City National Bank
DttignaUd
SU8I!fSSa.
.
-
ATIfAHTA, GBOBOIA.
OTHER
The Guarantee €••
Oapoalt wttb luaiBooa Oapartmant
MBMBBB or BOrtmN HTOOK BICHANOB.
A-W.Biu.
LocowicsJ.Biu. •.itcCAJtouaa.
~ "
Vtoa-Piwl
TBI
Oonds of SnretyshLip.
ITO
w. oooku, ami. CMk
r.
^iuaucial ©ompatties.
North-western Nat'l Bank, COMMISSION STOCK BBOKEB,
CHICAGO, lLLI!VOIS.
He. 4 KzekaBsa Plaea, Booa Bo. 4,
-
:
Bailey,
S.
{a PINE HTBEET.
ubali.nu*
m
INSURANCE STOCKS
A aPBCIALTT.
Oi«b paid at oooa for tb* abor* •ocorltlM i or tb«y
win lio M>ld 'in «N>minl**loo at acller'n optum.
ii
&
Ra.ftt*
Estabrook,
BANKEBS.
OOMOBKaa aTBERT,
BO»TOX.
IKBKBKn OF THB KEW TORK UfD
iBOarOX STOCK BXCHAJI0S8.
AUO,
SaaJan la Ulaalclpai, Btatr, Ballrea4
and OBlta4 Mataa Baada.
» wiLaacB,
CBAHLall. KHKLorjir.jB
i"*"
Bksjamiv a. jACkknw, WuxiAa Bu.Mkr, in.
Wilbour, Jackson & Co.,
BAMRRM ABD
BROKBlia,
WKTBOBBRT BTBKKT,
PROYIOE^Ct:, R. I.
Ha. it
^firSB'lMavavk Wha M Raw Tort aaa
Okio.
of CI«T(
B0TABLiaHBD
%utevtgtf ^Ivi&en&Sf
UTI.
P. F. Keleher
&
Co.,
Sec*
ST. PAIL m>>P:\POI.I9
THE
A MAMTOBA
KA11.\V,\ V iiMIVXNV.
dc
I
oLiTc rrKBBT. bt. u>uib,
Daalcra la Weatara SacarlUao.
Dafkaltad Bond* of MUMmit
lUlaoU*
"
Mo.Oa WIU.IAM
ioa
Byoauitf. Oood lanataaot
(oar to (Wkt par Mat. for aal
.
taflaa (rat
ST..
KliW VpPK.
.'n!v T, 18H8.
iminr-
Tb* anui qnartad/ dinaand
IIAI>r PKRCBNTon tkacapi'
panr baa baaa dadaiad. paT<>>
'
ua com'lU* ua
r record
and altar Aaaait 1 ri»>i t<. << ^
on tbat data.
nd, and for tbc anPur tb* pnrpo***
ij« bald at Bt. Paul,
nual maetina of f I'"
Mlno-raiTkdOAV. Ai <i< n-v IP. ISW. Ibe •tocK
traular book* will b* cloaed at 8 o'clock P. M. on
JalFir aad wUI ba la-openad at 10 o'cloek A. M.,
AooBatfO, inn.
'
Chas. H.
Potter
&
Co.,
nrVESTMKNT BANKERS,
OLBTBLAND, OHIO.
flFKriAI.Tfl
xoww, covwrr anu city bonds,
l.AKBfi0»"«HlOB IKON MJNINU HTOCKJL
AND rrRBBTRAlLltOAD RBCURIT/BS
George
Eustis 6c Co.,
B AN K a Bl.
CIHCINRATI, OHIO.
RbWARO
T.
NICB0L8, Jr..
A**lat. Bac'r.
rrOHBSTAKB niNING CO.,
^^ Mn.LB Binu>tifo. u BaoAu STRurr, Rbw
TOBB, Juir
Ifl,
ISM.
HOMBSTAKE DIVIDEND
NO,
««.
r««nlar Mcnlhlr MlTldend-FORTV CENTS
abara— b«* b*en dedarad for J una. payabla
•t tb* o0c« uf tb* f^omiMnr. San Kr*noi»cf>, or at
tb* Transtar Annoy la Naw York, on tb« Wltb Init.
Traa*f book* oloM ontkaSMb Inat,
LOUNaBKHK * CO., Trauifcr AvtBU.
Tb*
par
a
THE CHRONICLE.
^iuaticlal.
^iwattcial.
XLni.
[Vol.
I^iwattjcial,
Staten Island Rapid Transit Chicago .''c Indiana Coal Illinois Central RR. Co.
1.EASED L,INE STOCK.
Railroad Co/s ^
Railway Co.
Interest at the rate of FOUR PEE
SECOND MORTeAGE 6 PEE CENT
CENT per Annum, payable Jan.
FIRST MORTGAGE FIVE PEE CENT
FORTY-TEAE GOLD BONDS,
FIFTI-YEAE BONDS.
Coupou and Rcelstered.
IKTXBI8T PATABLX 18T JAKUABT AND X8T JUI.T.
Principal uid Interest gnanoteed bj tbe BALTI-
IIOBB * OHIO BAILBOAD CO. br endoraemeDt
Total Anthorlzed lune, $2,500,000.
The road
Tbe assured net earnings are
Exchange.
The bonds
We offer
CO.,
them to
are
a small amount for sale and recommend
JOHN
H. DATIS
St Louis Kansas
Wabash County, Ind., 6e.
Montgomery County, Ind.,
6r.
Lalce Couuty,
CHICAGO,
I.lata.
said Trust
CO., Bankers,
ILL.
Company
or at the office of Stewart
JAMES E. PULSFORD.
JAMES U. SMITH,
CHARLES S. 8MITH.
JAMES F. DWIGHT.
GEORGE WARREN SMITH.
H A.1VO-BO ok:
&
Purchasing Committee
Investment Securities
BOUGHT AND
Beloto Valley Bonds, all Issues.
Southern Central Ists.
Toledo
Ann Arbor & North Michigan
& Vincennes Ists.
Indianapolis
Memphis &
offered:
Ballroad Secnrlties.—
A
DE8CBIPTION OF STOCKS AND BONDS, Ain>
A Statement of the Income for four
years past and Fixed Chaboes.
Higrhest
and Lowest Prices, Monthly.—
United States SEcnftrriEg and Railroad
Bonds and Stocks in New York, Boston,
PHiLADEi.niiA and Baltimore, for the
year 1885, and to July in 1886.
Ten Tear Eange of Prices
to July In 1886.
Dirldends.—
Dividends on Railboas Stocks paid
six years, 1880 to 1888,
prior to July In 1886.
Security. County,
$1,400 TO Brown,
1,900 00 Jefferson,
4.200 00 Tama,
14.000 00 Lawrence.
72,000 00 Nuckolls,
$200 00
500 00
1.000 00
3.467
S.479
8,531
3,546
3.483
4,000 00
20.000 00
State.
Kansas.
Nebraska.
Iowa.
Inolaalye,
Missouri.
Nebraska.
statistics showing that during the last
twenty-flve years in an investment of over $200,0<X),000 not a dollar of principal or interest has been lost.
This record is without a parallel in the field of investments. We believe that a thorough investigation of the method and care which we observe In
taking these securities will show that our business
has reached a system as perfect and well defined as
that of flre or life insurance.
REASONS
WHY OUR LOANS HAVE PROVED
SO SATI8FACTORV.
BNTRANCB
In 18S6, in comparison with 1885.
of the United States, where values are
constantly Increasing.
Oth.
Our loans net investors 6 per cent
interest,
payable semi-annually without charge or expense to them.
money forwarded to ua for Investment
begins to draw interest upon the date of its
10th. All
$1 00
To Snbscribera of the Chronicle,
75
J"®*^'!**^
atanyofour
79
&
81
tc,
CO
We
We
DO NOTINVKST
YOU HAVE INVKSTIGATEOOIK FarmUNTIL
MORTGAGES.
^^^^^^^'^ GIVING FULL
WILLIAM STREET, NEW YORK. INFOHMATION^'"
OFFICRSt
STEEL
IN
PEPfS.
WORLD.
Gold Medal Paris Exposition— 1878.
S
.
Massasoit House,
SPRINCFIELD, MASS.
THE BEST APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Convenient for the tourist or business man. Near
Union Depot.
W. H. CHAPIN.
Fifth
Avenue
HOTEL,
Madison Square,
NEW YORK,
The Largest Best Appointed and Most Llberallr
Managed Hotel In the City, with tbe Most Central
and Delightful Location.
Branch OFPicka
F
Connected with
A.KTAU8 i, Oo., Boston.
K.L.BBKW8TIR 4 Co., Chicago.
Hqbbard * Sabmbb, HartTd.
72 Wall
St., N. Y.
I.
St., Phila.
St., Wash'o.
114 So. 8d
1419
&
Private Wire Connections.
Stocks, Bonds and Miscellaneous 8aExchanges, also Qrain and
Provisions on Chicago Board of Trade,
Buy and
cnrltles
sell
on
New York
Spencer Trask & Co.,
BANKERS th BROKERS,
i6
and i8 Broad
Albany, N.Y.
Street,
N. Y,
Providence, R.
Saratoga.
L
Transact a General Banking Business
r)ISCREET AND RELIABLE OTAN
Direct Private Wires to each office and to
.
•old BT all DBALBRS THBOVGHOlrT THB
PINB BTRSBT,
Boston, 23 Court St.
H. H. Kltch, Man'ger.
**•
Kansas City, Mo.,
?'••
^n'lf'&W?
If*
C. B. Wilkinson, Man'Kcr. John C.ATery.Qen.Mii.
'"'^.'^S'S'^P**
Chas. N. Kowler, It'^'"''
V P.
JOSEPH GILLOTT'S
11
B O IV J3
offices,
lltb. Intere.'»t coupons are cashed at maturity by the
First National Bunk of New York or upon presentation at any one of our offices.
12tb.
guarantee the prompt payment of all Interest at maturity.
ISth.
guarantee the payment of principal within
two years from maturity.
WIEiLIAm B. DANA
No.
We Invariably inspect the security before making a loan.
HITCHCOCK, DARLING A CO.
We rarely loan over one-third, and never ex*
ceed 40 per cent of it^ present cash value.
JOHN Q. MOORS. W. K. KiTCHBN. Q. B. SOBLMT.
8d. We loan only on first mortgages.
4th. We accept none but perfect titles.
5th. We loan only to good boirowers.
Schley,
6th. W*e keep all insurance policies In force.
7th. We see that all taxes are kept paid.
BANKERS AND BROKERS,
8th. Our loans are made upon well-improved and
26 BROAD STREET, NBIT TORK.
reductive farms in the most prosperous por-
,wt.
•
Flagg,
& Pine Sta,
Cor. Nassau
2d.
£ on
-
&
Duncan Building,
Moore
In
and
BaiLroad Earnings.—
Oboss and Net Earnings bo far as reported
Price in Red Leather Corers,
E. HACHFIELD,
No. BH Pine Street.
There are
Ist.
Tearlt Ranoe of Active Stocks—Date of
hlgheot and lowest prices made In the years
1877 to 1885, inclusive, and
Amount
No.
B.
B.
B.
B.
B.
Ists.
Ists.
BROKERS AND DEALERS
Capital Liability, $600,000; Cash paid up, $800,000.
To give some Idea of the size of loans, margin required and where located, we append a few of those
CONTENTS.
Rock
Little
ALBERT
PRINCIPAL AND INTEREST GUARANTEED
1S86.
SOLD.
TT ANTED:
WESTERN FARM MORTGAGES.
JVLT,
TUESDAY, JULY
HKXBY
Reed
Mortgage Co.
Securities.
1886, is limited to
1,
Holders may deposit their securities on or before
that date with the Central Trust Company, or with
the undersigned. The Purchasing Committee is emJowered to fix penalties for falmre to deposit by
ulyZOth.
FRANK C. HOI.I.INS (Frank C. HoIIins * Co.),
W. SMITH (.Mutual Life Insurance Co.).
WILLIAM A. REKD (Vermilye & Co.),
CLARENCE GARY (Gary & Whitrldge),
Committee.
6% EQUITABLE 7%
OF
Western
Notice Is hereby given to the holders of securities of the LAKE ERIE* WESTERN RAH.
ROAD, that the time in which they may become
parties to the reorganization agreement dated
February
Boardman, Attorneys for the Committee, No. 46
Wall Street, at either of which places copies of the
agreement can be had.
JOHN H. BEACH. Chairman, "^
NOTr READT.
Railroad
& Northern
Division of the St. Louis Kansas City A
Northern Railway Company, dated June 9, 1886.
hereby request said bondholders, in accordance with
the proYisions of said a^eement, to deposit their
bonds in the United States Trust Company of New
York. Temporary receipts for the bonds are now
ready for delivery and will bo exchangeable in a few
weeks for permanent engraved certificates. The
original agreement may be signed at the office of
For sale by
HARRIS &
Gitj
Tork.
Omaha
Dl., 7s.
Send for DescrlptlTe
N. \r.
New
The undersigned, the Oommittee named in a cera^eement between the bondholders of the
School District, 68.
111.,
&
Lake Erie
Railroad.
tato
6b.
CO.,
51 Trail Street.
CO.,
OMAHA DIVISION.
City of L'ma, Ohio, 5s.
City of Bloomington, ni., Ss.
Bloomlngton Township,
&
Railway Company,
Scott Connty, tows, Ss.
Logan County, Obio, 68.
City of Clereland, Ohio, 4>s8.
City of Cincinnati, Ohio, 4b.
CLARK, DODCE &
careful Investors.
17 M^all Streets
Hodgeman County, Kansas,
CO.,
17 TTaU Street.
men of New Tork and Chicago.
LISTED at the New York Stock
bonds.
BONDS.
HARRinAN &
The directors and stockholders Include prominent
railroad and business
No. 28 Broad Street, N. T.
ROBERT GARRETT & SONS,
No. 7 South Street, Baltimore.
Guaran-
FOR SALE BY
largely In excess of
E. B.
The undersigned »re now prepared to recelTe
fnbsorlptlons for a limited amoant of tbe abOTe
BAIiliCARTEN &
1st,
teed in Perpetuity.
Interest charges.
on each bond.
and July
Ist
Is In full operation.
-'-'
desires a posltlun at moderate salary: many
years' experience as clerk and railroad agent; familiar witli railroad and commercial accountini;;
member
required.
N. Y. Bar.
References given, and bonds if
kee, P. o. Box 889, New York.
PHILADEUPHIA,
BOSTON,
WORCESTER.
I
xmtk
HUNT'S MERCHANTS' MAGAZINE.
tEPBESENTINO THE INDUSTRIAL AXD COMMERCIAL INTERESTS OP THE UNITED STATSa
SATURDAY, JULY
VOL. 43
CONTENTS.
fltailni Tliiimi
BatonM
57 Mr. Morrtaoo'i Raaolntlon
58 MoaataiT aad Ommerctal
61
Sacllab
THS
Mautj Umikut, Viontsa Bxahans^ PJ. Oiiml tlaa. 8toM
wd Ballrona Boirfa aad
•taoBi.
la
jw*
Haw*
RawTork
RMUf«a«aai
laiMfwi
ajag.4st'
(807,188)
(+»4-8)
(lasjoo)
(+8eT^)
t88S,au0i
C8MW,000) (+118-0)
(88,443.000)
(OMIM....^
(B4.0SS.00«)
I
(110,941.000)
69
in,4TrjMS
Cinirotticle.
Jf«m Fork tmtrji
(
atmd at tha PmI OOaaiHav Tartt. V.T.. • waoadalaaa Bull natter.
T«nu •r S«b6erlptloa— Parable la Atfraacc
tjn.iM
NawBara
MeMBO
-g^
-*«
+*«
1.101,188
-148
StOJMT
u»aa ....
Total N.
8,888375
*m
do
_
ia
1
ai
OBoa
sI'
In twa
8a7,a80
518388
|84,T)MS1
-r»
«ioa,o8e,«e5
•«s,enLS7a
v'
-B-l
-1*0
-trl
|6«.80»,001
-41
10318300
-18-8
4,010,647
sjaMM
uaasw
+75
urrjas
UtOJtM
-0-8
t,M«J8S
n« oOae af Iks Oomaaot&L Am
with Maaan.
BmrAaaa * Smith, 1
Ma will
a( Ihsfapar aafallail at la. imnli
<f tha OtnMMfTCLa btirarpeol la at B15, Krehanga BolldlnKi.
wiuua a. OAM. J
waa a. ru>To. ^
83)8.711
+it-e
-fsr?
rw8(.«H
-0-4
IS4343357
wsjtftjiss -1»8
816308388
-18^
+118
5,814300
88TJD8S
Daniat *..
NBW
najsaTool
B,l84,aN
In tha prsaeBl year the Fourth of Juljr
waa
ofaaarred
KaaiMCItr..
on MvBpbU.
of the week ondar rariew, wbaraaa in 1885 it fell on
the pcaoeding Saturday. In oooacquanoe tha returns of ezcbaages now before oa embrace only fire baainaas days, while
year aix days ware taolnded. Under theae oircumatanoes,
tha fact that tha flve daya at thia year show a small Kaia In
compariaoo with the aix daya a year ago ia afaTorable feature.
The tacnaaa leoofded, howerer, ia entirely doe to the excess
at New York, for with that city excluded a small loss is the
result The true relation that this year's flgurea bear to those
of 1885 ia beat atriTed at by making proper allowance for the
dzth day, and doing so we &nd that in only one instance
would thefa be any decreaaa reooidad, while in the whole
country the Increase would be oror 94 par eent, and outside of
New York nearly 90 per cent. As tl>a figures stand, there are
eleran dtiea whfch exhibit some gain orer laat year, while at
the others the deeliaaa are generally not heavy.
Contiaated with the preceding week of this year, the current
flgnaa from seran clearing houses exhibit aome gain; they
are Proridenoe, Portland, Omaha, 3t. Louia, New Orleans,
Uemphlaaad Oalreston, and this in spite of tha lesser number
last
of
AJMOjm
LeaMTlOa...,
Monday
d^ included.
L,44S.1M
..,
|S,88S,88»
Total >U
tWB.ios.afl9
»aw Terti 'W^smfnk
Bat laalaSaS
Haw York daaringa
to arrive at the exciianges of other
+3-8
I843M378
488-8
Ii3,ui,e4e
+ll'e
ti.ooi,i48,?ae
mUMMil
+a7-<
nMOa«fBaSeitJ«l»18.
1888.
SwTortt
MMctrahMk
(Ma.)
1886.
1454.485,444
•47».01T,8S4
(841380)
(13n.841)
PtrOmL
-51
5i»Biid'f Ju/ya.
1886,
|4Sl.«a0.4S6
67311317
67346348
+ir«
5«,606398
Phlladaiptata
47.748388
88^745,415
8,778.«01
flhlavn
+88-8
+18-1
+84-8
+18-5
8e,486,96«
10388J84
48381308
I431838I
4.045378
84300,000
18344,476
8388.478
1548347384
Be,48;3U
|8e6,4S4.8Sl
es.i 19.000
|7013M,«e»
^»47.408.l>54
ToUlall
OaUlda nmm Tork
•a>uiiiat«(i DO tbc
PtrOM
+8-8
(+80-8)
(-48-8)
Boaton.
the New York Stock Exchange for the at'Loola.....
daya ware of slightly greater Tolame than during the Raw Orlaans
Total.....
prarlooB foil week, aad oorerad a market Talue of $73,405,000,
tha
>W8,a8M88
1350.651
811.188
+44-7
+31-5
+15-8
+86-7
+60-1
Our usual telegraphio returns of exchanges for the five daya
are given below. Largely-increaaed speculation at the New
York Stock Exchange during the Ave days of last year caused
a material addition to the volume of clearings, whereas in the
oomeponding period of the present year operations have been
rather light The result is chat at tnat city a small loss from
188S is recorded. At the other cities, however, fair gains are
exhibited, which in the aggregate exceed the l03S at New
York, SO that in the whole country there is an exoeas over a
year ago of 31 per cent
Shwa transactions on
U
tio,am.i
5,«88,401
5.7U.1IS0
+888
+16<
lo total*.
flva
against #47,977,000 for tha oomaponding week of 188S. We
foUow our oBoal caslom daduotiag double these values from
-8-8
•s,ns,a7s
Xalaiagatbara..
•
TMim
+18-7
+88-8
ijH.a»4
Oalraiton*.
OalalSi
800.000
8,880.181
8388,785
m. •A!f A * O*., Pakllahara,
^L'*!**,*,-'*
VOBK.
»w « •» iruilaai atrMt,
Post Ornca Box 658.
CLSARINO HOUSE RETURNS.
1364318
8384,7*8
13«.«5I
—
PnAiMiAi. Oaaonota la Loodea
' O a ajaas, K. a. whera rabbe lakaa al tha raaalar ratea, aad
Dtap
+8»6
(86381384
7350378
188087388
ltTjB8i.eie
Tha
U18
1.0m,7a8
+tr9
wajKHjm
adabr DratU
is
874,487
+11
•8SMt.7W
Total MMdIa..
of tba
tatoppad.
U80.788
1.171.018
T,B«e,788
_auifsa.
I)
|B0,S8B,38t
4,413,000
BiSvSao
•47j»i8,aiia
Hf*
(1,185.080)
(-ri-9)
•iaM8,«St
11,8U,«7
.'".'!.'
ia80,8eo,oa»
laean
610 20
^ j^
rarOaaTaarttaaladlBspoali«al
_ _. _-
rarttzMo
JbtUort..
CHRo.<nci.B u pnUttA^d ia Pwtlaod..
Batwni^ wtantiMg.
Tas OomuBcixL axd rutAJfaxL
PtrOm'
•188,1118,808
PrlMs a* tka ». T.
JSJxt
+78
Jhi4<ii« July 3.
1888,
iatT,oa8,TM
Qaalattaaa o<atae>» aad Honda
CaaaliacaitUi
67
ITMk
10.
PtrOmt.
Obomarelal aad MlaeelUiiaoiu
03
N«wa
BA1IKKB8- OAZXTTB.
HomaBol*.
1,099.
origin, and the result is $380,316,716 in 1886, against |394,234,908 last year, or a loss of 3*4 per cent.
THS CHBOinOLB.
TkaFlaMMlaiaUaatlMl.
Tb« Publle Laad ronv
Tba Brillah XlMMaaa aad
NO.
188a
17,
»3T7,97S
88,610,000
13,014,350
-6-4
-7-6
-14-4
-4-4
-ir6
+88
+11
5388388
+80-8
1685,887364
+14-1
58,060,075
•W-8
+0-4
I68734a,4«t
+ 81
I«a4.018,05e
+8«
%itP^.aiti.\9i
+IM
tass.8a8.65i
-fc-l
bull of tbe lut wauir ratnro.
THE CHRONICLE.
68
pilation of the
THE FINANCIAL SITUATION.
of June,
There have been but slight changes in money during
the past week, the tendency however being in the
Bankers' balances have loaned
direction of greater ease.
at
and 2^ per
1
cent,
averaging a
little less
than 2 per
with renewals averaging 2^. For call loans, banks
continue to demand 3 per cent, being unwilling to make
concessions save in exceptional cases, and are not free
takers of commercial paper though the rates for such paper
fiscal
it
As
money there seems
House instituClearing
Our
to the future of
to be some doubt expressed.
tions have a fair reserve for this period of the year, and
if
and crop purposes is to be no
more active than last summer, would obviously pull
through without any material change in conditions. But
there seems to be a belief in some quarters that the needs
to move the crops are to be more extensive, as the yield of
the inquiry for
winter wheat
the
West
is
that
business
much larger. Even now it is reported in
there is a steady demand for funds upon
so
interior distributing centres for that purpose.
This inquiry,
department returns
will
as follows.
is
XT.m.
The month
be noticed, concludes the Government
year.
BXPOQTS OP BBBADSTCTFFS, FBOVISIONg, COTTOS AND FSTBOLBUM.
188S-4.
18S4-S.
Sxportt
/rom
U. S.
iiUantlu.
Jutu.
cent,
are unchanged.
[Vol.
June,
12
MontM.
June.
13 iiontht.
QuantlMo.
Wlieat.bash.
Flour. . .libls.
Wtaeftt. bo.
Corn.
e,aM,7a5 55,387,828
813,778
8,071,183
12,708,798! 91,708,151
8,384,789
700,464
83,781,897
10,373,724
6,63l).857 130,468,665
..basil.
4,947,779! 63, 161,148
3,013,675
Tot. bnsli..
17,656,575' 154,869,293
10,480,532
Voluo.
51,408,645
11,317,282
Oats Jt meal.
Barley
82,358
12,826
Br'dstab.
Provisions
Cotton
Pstrol'm, Ac.
Tot. value.
2,280,176
10,851
87,497,653
82,343,830
48,603
84.320
0,054
183,232
13.702.803; 132.800,379
8,708,152
7,186.872 107,42^,443
3,486,794 44,799,061
t
6,535.400 123,081,926
2,297,153 28,487,439
133.105
2,002,509
88JM1,759
10,673,666 152,227,504
I
Wh't & flour
Corn & meal.
aye
9.931,877
712,221
2,000,275
2,538,4231
345,768,
9,024,530 156.451.831
8,081,935 100.424,824
t
7,841,993 121,228,774
2,213,780 28,128,838
438,784
398,538
57,964
4,315,757
1,434,198
402,340
10.951,034 155,507,907
6,032.097|201,773,911
4,835,985, 49,881.950
9,372,743 105393,107
6.195,183 188,406,766
4,7&S,213 47,103,24S
37.5-21.770'482.252.270I 27.774.547 508.512.318
31.277.203 496.911,028
8,073,932 85.661,951
11,176,359 204.311,297
4,603,438' 49,478,649
These June figures would indicate a favorable condition
of our foreign trade, were it not that imports have contin-
and the anticipated inquiry growing out of the improved ued much larger than a y ear ago.
Silver bullion at London has again droppsd in price,
aspect of general business, coming upon funds already
drawn down by gold exports, is likely, some argue, to give reaching the very low figure of 43 13-16d. per ounce.
us an improving money market as the weeks pass. Of This continued serious decline in the intrinsic value of one
course much depends upon the development of business, of the metals which serves as a basis for our currency
and that again in considerable measure depends upon what ought to induce caution in all Government circles, for it
Congress does or omits to do during the remaining weeks leaves the silver dollar worth in bullion only about 74^ cents.
of
its existence.
do no
A
little
harm
The
past
week has shown us
that
it
may Of
in a single day.
course
be cast
it is
unnecessary to say that
upon the
ability of the
if
any doubt should
Treasury to sustain
itself
and gold dollar interchangeable
the bullion by the Bank of England, which is reported every industrial interest would again be paralyzed, for every
for the week to be £17,000, was made up by arrivals one who knows anything about financial questions knows
from outside sources, mostly from Australia, of £235, GOD, that at least. France and Germany, seeing this danger
by receipts from the interior of £14,000 (making the ahead, have with commendable prudence, taken measures
total receipts £249,000),
decreased by an export of for preventing the threatened catastrophe, \)y increasing
£232,000 wholly to South America. Discounts of 60 day their gold balance a great many million pounds sterling,
to 3-month8' bills were quoted at 1^@1^ per cent till yes. amounting in the case of the Bank of France to aa
terday, when there was a relapse to 1 per cent; the better increase of 73 million dollars in gold in eighteen months.
demand early in the week was perhaps in large part due to That is the way France treats the situation, and we should
the fortnightly settlements, though in part no doubt also to suppose that it is the way any honest, well-informed man
some improvement in business, while the low state of the would desire the United States Government to act or if
Bank reserve makes the market peculiarly sensitive to any he had any influence in directing the policy of that Govpossible outside demand.
In that connection we notice ernment, that he would use it in making the Treasury
that exchange on London at Paris has been down this position impregnable, putting it beyond any possible chance
week at one time to 25 francs 20^ centimes, though it was or question.
reported firmer again at 25f. 23c. yesterday. This fact
Yet strange to say the very same day on which the
taken in conjunction with the lower rates for sterling cable announce! that silver bullion had dropped to
exchange here, and the increased activity for money at 43 13-16d. per ounce in London, our House of RepresenBerlin, very likely also had some influence upon the tatives distinguished itself under the leadership of Mr.
open market of London.
Morrison by passing the resolution directing the immeForeign exchange has again been marked down a half diate reduction of the available surplus held in the Treaspecial cable to us yesterday states that the gain in
that
is,
to
keep the
silver
;
cent per pound.
decline of last
Rates remained dull and heavy at the sury by 10 million dollars a month, and to keep up that
week untQ yesterday, when the further de" reduction at the same rate per month until there should be
mentioned occurred, due mainly to the pressure of
short sterling and cable transfers by the arbitrage houses,
the buying of securities for speculation on European account
cline
having been one of the prominent features
this
Long
tone,
no surplus in the Treasury except the 100 million dollars
Does not that
reserve now held against the legal tenders.
statement of the substance of the resolution put in conjunc-
tion with the facts of the day respecting silver, sufficiently
but demonstrate the injudiciousness of the action ? While
the rates for this class necessarily follow the fall in silver is declining while all other nations having silver
short bills.
The check in the shipments of produce due currency are hedging when absolute safety should be
to the late rise in prices, has for the time being of course the only test, giving the Treasury the benefit of every
cat off a source of commercial exchange. Last month doubt; we take measures to weaken the Treasury
we appear to have sent out breadstuffs and cotton measures which to say the least tend to put its stability
freely.
The Bureau of Statistics has issued this week its in jeopardy. Our people never considered that kind
sterling
is
a
little
less
easy
in
week.
;
;
export statement of leading articles for June, and it is of action wise statesmanship before. In 1879, when
very satisfactory, showing an increase in the total of the country was entering upon specie payments, a period
about 10 million dollars compared with last year, and over 6 like the present of some doubt respecting our currency
millions^ compared
with two years ago.
Our usual com- who thought
of complaining
when
as a matter of prudence
JCLY
THE CHRONICLE.
17, 1836.]
Any reader, therefore, can forecast the future
of business by simply following the action of Congress
day by day.
the Government earned on aa aver&ge for the whole year
a balance of 2-I6 million dollars ? There was no one then
country.
to offer the picayune excase of a few dollars loss of interest as a reason for diminishing the amount, and hazarding
a national
To day we
disaster.
stand in
for the admirable administration of
ment during
The crops
the Treasury Dtptrt-
the past year, the vote in the
House
The eSect
pelled
Tery
resolution
of the
if
the
on
the
holdings
The
remainder of the country
of
the conditions
in
many
it
has as a whole been a good
Slates the best for years.
Oits will also
be short iu the States named, but elsewhere the outlook,
not
ia
The Treasury balance July
lit
if
resolution as passed (which
we
cultural
difficult to indicate.
WM $175,191,110.
it
if
sun being so hot in some sections that the hay is
In Minnesota, Dakota and Wisconsin, the
grass has been harmed by drought aud heat, but in the
Government should be com- crop and
to conform its policy to its directions,
period of some
at a
promptly cured.
disas-
trous panic
coin and currency,
moment
gress, the
of I'epre-
entatives on Thursday would have produced a most
this
remain favoraole during coming weeks. The winter wheat
harvest is about ended, and that of grass is now in pro-
not been
it
are at
uncertainty and yet of great promise
the face of a far
greater danger, a danger so imminent that had
59
favoring conditions continue,
is
promising.
Tue Agri-
Department issued its first of July crop statement
Saturday afternoon, and through the kindness of Mr.
a subsequent column) directs a reduc- last
to 100 millions aa soon as it can be P. C. NesbiC, acting commissioner, we have received the
done by the required 10 miUion monthly calls. The details of the corn acreage and condition in the principal
intent and purpose of the action of the House, there- States,' from which we have prepared the following sumfore, is to make the permanent balance not to exceed 100 mary, adding the figures for the four previous years for
publish in
full
tion of that
in
amount
millions.
Toe Government had up to July Itt coined comparison.
ACKB&OC ASTD COSDmO OF COBS OH JOLT 1.
233} million silver dollars and bad on hand at that
ISM.
isst.
18SS.
lasu
data a net amount of 9(>^ million silver dollars. In
JiUM it coined $2,463,165 and increaied its net holdings
judging from that and previons
of aame $5,213,861
recant months' result*, we moat suppose that the channels
of commerce are about as full of that coin as they can be IlllooU
aioi
7.VI4 •I
8.101
S.097
low*
7jm\ n 7.000 IM 7,380 00 s.O'ii
6.T7
77 6,710
kept, and that silver dollars will accumulate hereafter at
S.TOS •4 3,090
MlMoart... 101
87 • Ml
a. MO «l a.ir»
4.SM
4.3''l 107
4M0 On 4. TOO
4.107
laaat aa fast as coined, which will be at the rate pretty KUHM.... IM
;
iQllana....
2} million dollars per month, or say (to keep
within bounds), something over 30 million dollars in the
nearly of
yaar.
)>,M7l SO
M
vt
1.40* 80
7»4
•47
we
will
have
in
S.SlS'iM
a year, by the simp'.e operation
of the present coinage law, a net silver dollar balance in the
Treasury of over 126 millions
balance
to
3.010
S.01SI «a
Is
;
increased, other kinds of cash holdings
decrease correspondingly.
Now,
let
will
1.4SS
••
Tis
n'
1,417
m
.4».'
so that, unless the genaial
M.1A1
have
3.0 1«
3.438
3.804
3.W7B
030
07
08
8S
87
3.KS S8
3,108 88
1.888 80
TOO HO
87
V7
11.SSS
In other words, the conclusion seems to be unavoid-
able that
M
».7«1
Nrb Mta,.
Olll.)
.'Mj»m
tijmt •4TS.1M
yjuo
n 'sii
S44B|et s.su
44.aM
94J»1
1.4>«
7«l
44.407
4a.H8«
a3*«
3,as8
3.149
3.134
801
3.015
3.043
1,874
788
..4~3.0M
_^|30.fl80
SS.08S )M 88.30* Kaa.oeo B0'64.««a
the decrease in
S-1
the balance proposed by this raaolntion go on to the extant
17* ranw elybwa
The foregoing
of 75| millions at tho same time that this accumulation of
omltMd rrom " aonose " Ssureo.
an extremely favorable showing.
i.vOu)
is
A
would be thati much-needed rain has fallen since this report was made
during the year, 101^ million dollars would be taken out up and hence, if the present conditions continue, we
of the usual net gold and legal-tender holdings of the shall harvest the best crcp of corn the country has ever
Traacory, area if the public did not get frightened at what raised.
•ilver dollars
is
in progreM,
and the
result
;
was approaching and draw out the entire gold balance, the
la other
latter being the mora reasonable supposition,
words,
is it
Additional returns of trunk-line earnings, as they
in,
nowise
diminish,
but rather
further
confirm
come
and
the favorable results previously shown and
which these lines are enjoying as the direct coaseqnence
The
of the more remunerative rates in force this year.
not evident that action in accordance wittttbtf amphasize
resolution would force silver mono-metallism ?
In view of what Congrees has thus sought to do this
Central has this week issued the official
its power for evil during the closing New York
weeks of the session, and in view of tha possibilities of legis- figures of gross earnings for the month of June, showing
lation which this week's work suggests, it is vain to attempt an increase compared with last year, when the West
any indication of the future eoune of commercial affairs. Shore road was not included in the operations, of
Wa showed last week, by our clearings and other state, $691,330. We had previously estimated the increase at
mants, that the country was well under way in iu progress $626,919 (using the quarterly statement as a basis), so that
towards a full revival of business enterprise. That the result for the month has turned out $64,411 better
ravival,
aa
we all know, began juit about a than the comptany expected it would at the time of making
week, and in view of
year ago, as soon aa it became evident that the
Government was going to be able to rescue the Treasury
Department from the danger of silver payments, which
had appeared so imminent for some months. But now, in
face of that experience, Congress dares to step in and
attempt to undo all that the Treasury Department has
•ocomplished, thereby disturbing this good feeling and
growing coDfldencc. The whole situation, therefore, rests
in Congrea*' hands.
If it will not permit the Government
We may suppose that
up the statement for the quarter.
some part at least of this gain in gross counted also in
it did would the surplus of
$97,717 remaining above the one per cent dividend paid
the net, and to the extent that
for the quarter be
still
further increased.
Various other trunk line reports have also been received
during the week. Tnere is, for instance, the May exhibit
of gross and net of the Cincinnati Indianapolis St. Louis
&
Ciiicaico.
or "Big
Four"— Mr.
IngalU' road.
This,
on a
badge and protect tha people, the people will be driven loeiof ^477 in the gross, has a gain of $5,984 in the net,
showing clearly the effects of the higher rales obtained.
to curtailing tneir operations and protectiug themselves
for every one knows that enterprise is impossible with Ttien we have the Ohio & Mississippi for the same month,
OBoartainty respecting tha currency hanging over the which has increased iU gross from $275,480 to $298,034,
to
;
THE CHRONICLE.
60
[Vol, XLIII,
however, it is hoped and believed, which is equivalent to a
permanent peace.
Mr. Gowen, taking advantage of an incidental remark
Trunk
made
by Mr. John B. Garrett, the chairman of the ReadGrand
The
rest.
the
all
character
as
the
ing
Board
of Reconstruction Trustees, (during his examinnet;
£25,083
gross
and
proper gains £30,572
ation
by
Mr.
Gowen), has this week written a long open
gains
£3,275
line)
Trunk
(Chicago
Grand
&
Chicago
Finally, "we
and its Mt from $63,414 to $76,786.
have the May statement of the Qrand Trunk of Canada
and Its connections, which is of the same favorable
£2,519 net, and the Detroit Grand Haven &
Milwaukee, on a loss of £432 gross, has an increase of
letter to
Taking the three roads together, the
gain is £33,415 in the gross and £27,754 in the net that
is, gross earnings for the month have increased $167,075
and net $138,770, the latter nearly 40 per cent. For the
certain
gross and
£152
five
in
the
net.
—
months ended with May the gain in the net
£118,979,
or almost $600,000.
the weekly
trafiBc
We
may
is
say, too, that
returns for the period since then have
in
Mr. Garrett, in which, after referring to matters
dispute between himself and
proposals to
the
He
wants the Reconstruction Trustees to withdraw their plan
and substitute for it his own. This being done, he will
engage to show that he has sufficient financial backing to
carry his plan through, or he will kindly allow the Drexel-
Morgan syndicate
capital
of 25
to subscribe
support,
if
this or that
12^ millions out of a total
Gowen is fond of attaching
and to make them dependent
Mr.
millions.
been equally encouraging, that for the week ended July 3 conditions to aU his offers,
(the latest yet received) showing an increase of $53,266 upon certain contingencies.
over the corresponding week of 1885.
In such figures as these there is an obvious lesson for
Mr. Garrett, he makes
Reconstruction Trustees.
is
He
will disclose his financial
So he declared
done.
to
Mr.
Garrett in his earlier conferences, so he declares in his
managers generally, and it is gratifying to note letter to him now. All the time, however, his friends are
So too with regard to his
therefore that the roads running west and northwest from kept in doubt and suspense.
Chicago have adopted the very sensible course of harmon- plan. Dozens of times has it been reported that it was
izing their diilerences and that rates are to be restored about to be published, but as often has the report proven
on Tuesday of next week, July 20. Of course the dis groundless. Now by his letter Mr. Gowen allows us to
puted points have not yet been definitely adjusted, but the infer that it will only be published after the other plan has
lines of a settlement have been clearly laid out, and in the been withdrawn.
Yet he declares that this other plan has
meantime, instead of wasting their substance in a senseless "practically no support among the creditors or share,
This was holders of the company," while affirming at the same time
conflict, the roads are to do business at a profit.
a very essential as well as a wise preliminary, and its adop- that it is occupying the ground. If it has no support, how
-tion is to be taken as indicating that the spirit of peace can it occupy the field.
Again if it has no support, what
inclinations of
is dominating the
the managers and is the need of withdrawing it, upon which Mr. Gowen
that an amicable conclusion of their labors will be insists as a condition.
Why not issue his own plan at
railroad
To
facilitate business
the matters in once and demonstrate its superiority.
Furthermore, if he
two distinct committees, is sure of the necessary financial assistance, why not ignore
the one to consider Northwestern affairs, as distin- the syndicate who according to his way of thinking are
guished
from Western
affairs
singled
out
for sure to fail anyway in their endeavors, instead of
finally reached.
dispute had been referred
to
the consideration of the other committee.
The North- graciously condescending to allow them to furnish the
western Committee recommended the restoration of rates small sum of one-half the total 25 millions.
are afraid
to and from St. Paul, Minneapolis, &c., and the Lakes, on Mr. Gowen is not gaining any in public estimation by his
both passengers and freight, the appointment of a standing course in the matter. If he has the money, the support of
We
committee composed of one representative from each of
the initial lines out of St. Paul and Minneapolis, an agreement as to rates between the roads to Lake Michigan and
those to
Lake
Superior, the appointment of J. N. Faithorn
as Commissioner, the limiting of commissions on passen-
gers to one dollar per ticket as the
maximum
—
all
of
which recommendations it is stated were unanimously
adopted.
It was also agreed that the roads must report
to the Commissioner any time contracts outstandmg at
lower rates than those to be in force after July 20. On
Western matters the action it would seem amounted
practically to a rehabilitation of the old Western Freight
Association.
The
new
association
will
cover
the creditors, and a superior plan,
ments necessary to success, and he
in
useless
talk.
It
why he
is
has
all
the
ele-
simply wasting breath
really looks, however, as
if
he were
only acting the part of an obstructionist having no higher
aim in view than the defeat of the party
first
in the
field.
The stock market showed no decided movement either
way till Thursday, when, under the predominance of favorable influences, a sharp spurt upward was made, the rise
being continued through yesterday. The leaders in the
upward movement were the Erie securities, the transactions in the second
consols especially
being large, stimu-
by encouraging reports about the company's earnings
same territory as the old, namely the district be- and finances, and some talk of a possible settlement with
tween Chicago and the Missouri River it is to con- the Chicago & Atlantic. The more favorable crop news
sist of
all
the members of the former association; stimulated the market generally. The truce in the Norththe rates are to be restored to the basis of those in th^ old western freight war was another influence acting in the
association prior to April 1, and the old apportionment of same direction, though the effect
on the properties
business to the different roads is also to be continued- more immediately concerned
was much less than
Time contracts are to be reported to the commissioner, as might have been expected.
Pacific Mail continued
the
lated
;
in the case of Northwestern freight.
It was determined also
form a pool on lumber, posts, &c., and all products to
and through Omaha, &c. There was the same unanimity
in adopting this report that there had been in the case of
Northwestern matters, and this unanimity augurs well for
to
firm,
under
the
belief
that
the
long-talked-of
set
would come
Central New Jersey stock was affected by reports
soon.
that a definite agreement between the Baltimore & Ohio
the Philadelphia & Reading, and the Central New Jersey
a continuance of peaceful arrangements.
There is to be a for carrying through business to and from New York
meeting September 8 of the parties interested in the might now be expected at any moment. New York
Northwestern Traffic Association, until
which time Central, Lake Shore and other trunk line specialties were
appwrently the present truce is to hold good a truce,
influenced of course by the good exhibits of earnings so
—
tlement
of
the
Trans-Continental
war
JCLT
THE CHRONICLR
17, 1886.]
made by
generally
Western Union
this class of roads.
has also been active and higher, thoagh the power back
Norfolk & Western
of the movement is a mystery.
61
THE PUBLIC LAND POLICY.
No
conservative statesman will experience regret at
the marked change that has taken place
observing
preferred have advanced on the continued
The coal recently in the sentiments of the people regarding the
earnings reported by the company.
public lands.
The largest domain ever thrown open to
stocks have been about the only laggards in the upward
settlers by a government, approaches exhaustion, and it is
movement, these being aSected by the low prices for
the part of common prudence to adopt measures, not so
anthracite coal and the limited demand for it
much to prolong the period of its absorption, as to put a
The following statement, made up from returns colstop to the acquisition of it by speculators, in order that
lected by us, shows the week's receipts and shipments of
it may more surely pass into the hands of bona-Jide occugold and currency by the New York banks.
piers. Of course it has always been the design of Congress
common and
gams
in
Wtk*
|Jtt<»lS.I
tt*tJM
wtjuoc
CmnaoCT..
aminurlat
MaMmtKt,
W.T.
a. r.
Osln..
tiiJIM
in its enactments,
and of the Government
in its adminis-
farms
tration of the laws, to facilitate the acquisition of
by those who needed them and would settle upon them.
nM.000
i.a.a
tmjooo
TDUI«oM»a4l««ml Unrli ...
But so long as the supply of land seemed exhaustleaa,
The above shows the actual changes in the bank hold- there was neither an earnest effort nor a strong dispoings of gold and currency cauaed by this movement to and sition to stop tue leaks.
The landless eould procure land,
frmn the interior. In addition to that movement the banki and that.wa8 the main thing. If rich men could also
have gained $500,000 through the operations of the Sab- obtain vast tracts, and if there were frauds perpetrated
Adding that item to the above, we hare the under the land laws, those were evils; but after aU there
Treasury.
following, which should indicate the total gain to the New was a boundless extent of territory still open to the actual
York Clearingllonse banks of gold and currency for the settler.
week covered by the bank sutement to be issued to-day.
There was some ground for this position. Of the nearly
It is always to be remembered, however, that the bank
two thousand milhon acres of land in the United States,
Ut«ment
is
a statement of m»«ragt* for the week, wherea*
the figurea below should reflect the actual change in the
condition of the banks as betweeo Friday of last week and
Friday of
this
week.
was computed by the Commissioner of the General Land
1866 that 1,465,468,800 acres had been public
domain and even at that time, when grants of enormous
magnitude had been made for public improvements, the
amount remaining seemed almost continental in its
extent That it had always been the aim of the Government to facilitate its settlement may be gathered from the
it
Office in
;
surprising statement by the Secretary of the Interior, in
his report for 1864, that one- fourth of all the laws passed
The Bank of England
again of £17,000 bollioa
for the week.
This represents £3,000 net received from
abroad and £14,000 from the interior. The Bank of Franc*
kMt 6,300,000 francs gold and 3,925,000 francs silver.andths
reports
by Congress since the Constitution, had related to the
Politicians had differed as to the method of
disposing of the lands, and they had fought angrily over
the disposition of the proceeds of sales; but they had been
Bank of Germany since the last report has gained 1,160,000 agreed that the land should go to settlers on easy terms,
marks, which is a oompantively insignificant amount, that the country might be filled up and new States
oouidering the fact that for the week covered by this created.
report the bank was drawing gold
not only from
Paris
and London but from America.
The small gain, how.
ever, may be explained by the circumstance that the July
interest disbursements were heavy.
The following indiOSftee the amount of bullion
in the principal European
banks this week and at the corresponding date last year.
iAiiv IS, isse.
/Hiy 16. 1885.
M»
M
at,i4o.4ao
97.488.313
54jei.SeS44.884.a04 4S.834.0Se 48.030,718
public lands.
A
radical
change of policy took place during the
civil
The Homestead law was a favorite measure with
the party that came into power in 1861. The construction
of a PaciGc railroad, with the help of Government, had
war.
been declared desirable in the platforms of
all parties;
and (he new Administration deemed the measure constitutional.
Extensive grants were also made for agriculThe new policy was
tural colleges, one in each State.
lavish, not to say reckless. But it had a purpose, and that
purpose was accomplished. The public lands were settled
more rapidly than ever before, vast regions were opened
by the construction of railroads,
and a]> danger that the population on the Pacific coast
might feel itself but loosely attached to the Union was
The Assay Office paid S373,913 through the SubTreas- averted. We do not criticise or condemn what was done
niy during the week for domestic bullion, and the Assistant in those years. The Homestead act has stood the test of
Treasorar received the following from the Custom Uonsa time, and is selected as the sole method of disposing of
is.ses.oio|u.58i.seo||u.sai.9ao 16,319,098
to profitable agriculture
99.187,191 eiMS«,7M 48.749.3 18 50.349,788
>a.37i.a9»i80^»e8.7e»
496.648 59.346317
agricultural lands in
Omtt.
Duitm.
0tkL
July 9.
**
10.
*
19
JJ
89
M 1^
M 1^
the
future.
The
agricultural col-
done all that was expected of them, but
the idea was a good one. As for the railroad land grants,
the number of those who would wish, to day, that no aid
had been given by Congress to our great Trans-ContinonUl lines, are as few as those who would favor giving
leges have not
*490.O8eS*
918.183 44
880.978 39
888348 88
48I.988 88
S37.59e 48
83300
1380
6300
V.JL
Wttm.
•876300
•oM
aUttrOtt-
<hHt/Ufi.
HfteaUt.
4.000
740,000
•9,000
11.000
9,000
83.000
9300
3300
980300
180300
7300
8300
288.000
SI3300
86S.000
41.000
73.000
81.000
42,000
38,000
another acre of land to corporations for new lines.
How much land is now left to the Government
It is
?
answer that question than it is to say how much
On this
Included in the above payments were #9,000 in silver land is left which invites settlement by farmers.
few
oeia, ehiefiy aUndard doUars.
point there is the greatest diversity of opinion.
TMal
'xn»jun
93
91030oi 93396.000
874.000
•349.000
easier to
A
THE CHRONICLE.
62
[Vol. ZLin.
prehensive, consistent, conservative and permanent land
laws.
Some evils will be corrected by the legislation
was
Government
remaining in the
Those
since now pending, but others will remain untouched.
25,000,000 acres, and four fifths of this amount has
that
the
subject
declare
the
who
most
familiar
with
are
who
been disposed of. On the other hand. Senator Teller,
more
law
are
Homestead
perpetrated
under
the
frauds
was the last Secretary of the Interior, in a speech on the
numerous and extensive than under any other law, and
2l8t of June, fixed the present amount at 200,000,000
Indeed, what is most needed is a
these will continue.
well-known
same time calling attention to the
years ago, in 1879, an
official
estimate of the arable lands
of
possession
the
acres, at the
fact .that, as the line of settlement extends, the neighboring land ceases to be desert and becomes arable.
complete reorganization of the land
may
the system
retically
office
system.
Theo-
be as good as any that can
—
it stands to
Whatever the amount may be, public opinion has be devised we cannot say as to that. But
reason
as men are appointed to and removed
that
so
long
dispoin
the
economy
more
be
must
decided that there
from positions in this department because they do or do
less opportunity shall be given to fraud.
and that
sition,
The new movement
in each case
is
takes various forms, but the purpose
First, there is the
the same.
attempt to
not belong to the party in power, the best service is not to
be hoped for. There is perhaps no part of the public serv-
"unearned " railroad grants to the public domain. ice where so much present and future mischief can be
The demands in this direction, as we have often had wrought by the spoils system as in this department of
For when, by the lax or corrupt act of
occasion to remark, go to the verge of injustice; but as yet the public lands.
been parted with by the Government,
an
official,
land
has
no
say,
is
to
That
no injustice has been accomplished.
Every one is prepared to agree
is
recovered.
it
never
for
given
were
which
forfeited
declared
lands have been
to be reserved for actual setlands
ought
that
the
public
in
or
completed,
already
mileage
of
construction
the
process of completion, no matter how tardy the corpora- tlers, and that their acquisition by such settlers on the
Why not,
In the second place easiest possible terms ought to be facilitated.
tions have been in laying the tracks.
place the
end,
and
that
stringent
laws
to
hould be noticed the very decided action of both Houses then, adopt
restore
of Congress in voting to repeal the Pre-emption and
Timber-culture acts. The House of Rapresentativea has
also voted to repeal the Desert
Land
proposes only to modify that statute.
ground
of objection to these laws
the cover for fraud
;
but
is
act,
but the Senate
main
It is true, the
that they are
cause than unfaithfulness
?
made
that fraud only enabled settlers
if
them in the hands of honorable, firm
and discreet men, holding them rigidly accountable for
results, and securing them against removal for any other
administration of
more easily, nothing would have been heard of
movement. The real trouble is that the illegal pras-
to get land
THE BRITISH ELECTION AND HOME
Now
RVLBl.
that the full result of the elections in Great Britain
is known, it is of interest to inquire, what does the result
have for their object the acquisition of land in large indicate ? Does it mean an absolute " No" to the deIn order to stop this, Congress mand of Mr. Parnell and his followers for Home Rule ?
blocks by speculators.
In a previous article in these
that author- Not at all as we look at it.
repeals the oldest of the existing land laws
Timber-cul
occasion
of the defeat of Mr.
on
the
recent,
the
written
Pre-emption,
and
the
most
columns,
izing
this
tices
—
ture act.
The Pre-emption law has been
five years; the
in existence forty-
Timber-culture act only thirteen years.
law was passed in 1873, unanimously by the
and by more than two-thirds in the House.
Almost the only word spoken in debate in the Lower House
" I think that
of Congress was by Mr. Holman, who said
Now,
this is a very good bill, and I hope it will pass."
after having been made much more easy in its terms, it is
The
latter
Senate,
:
Gladstone's measure in the
us inevitable,
House
of
Commons, and
in
seemed to
we stated that such defeat was not to be
anticipation of
the present defeat, which then
regarded as the death of
Home
Eule; that the opposition
was directed not so much against Home Rule as to the
particular form in which it was presented, and mainly
because
of the
it
threatened, in that
empire.
We
form, the dismemberment
further stated that
if
the
bill
pro-
viding for Home Rule in Ireland had been presented in
We have no space to refer at length to the abuses which another shape in a shape less obnoxious and more intellihave grown up under these laws. If we may accept the gible Mr. Gladstone might not only not have suffered
Statements of local land ofiBcers, trees are growing on but defeat with all its disagreeable consequences, but have
the merest fraction of the land where they should be, if been instrumental in plucking up by the very root the
the requirements of the law had been faithfully executed. fruitful cause of generations of sorrow.
Equally lax has been the administration of the other law3
Nothing has occurred in the interval to discredit the
by which land has been acquired from the Government. truth of those remarks. In the course of the election conNot a little light is shed upon the practices by one land test few indeed of the candidates have had the courage
officer, who remarks that it would be well to know, when to proclaim themselves the opponents ol: Home Rule, on
the erection of a substantial house, " twelve by fourteen,'' its own merits. On the contrary, there has been a won
repealed, almost without a friend to say
agood word
for
it.
—
—
whether the numbers should be taken to derful unanimity in regard to the necessity of some meas'
and whether, when it is reported ure of decentralization, with a corresponding increase of
that the floors are "bored," the spelling is intended for legislative local authority, all over the three kingdoms.
«
board," ^or states the real fact.
A third form of the Mr. Gladstone has been defeated and the ranks of the
agitation is aimed at the growing evil
perhaps we should Opposition have been swelled, not because of the strength
say at what may grow into an evil— of alien ownership. of
the anti-Irish Home Rule sentiment, but because of the
Enormous tracts of land have been taken up, and are now irresistible force of that other sentiment which, rightly or
is certified to,
mean
feet
or inches
;
—
owned by foreign
capitalists.
It is such a universal
experience that landlordism on an extensive scale, and
particularly foreign landlordism, is a harm to any country
where
it
prevails, that
no words need be devoted
exposition of the reasons
west against
its
extension
why the movement
is
to an
in the South,
wise and timely.
It is a pity that advantage cannot be taken of the
present temper of the people to secure the passage of com-
wrongly, connected disunion and dismemberment with the
It is not without significance that in this
Irish measure.
latest Parliamentary struggle, and for the first time in
British history, the
name
of
term " Unionists
a political
party.
"
should be the chosen
Mr. Gladstone's plan, as
we
have seen during the progress of the contest, and as has
been very vigorously shown by Mr. Bright and others,
was rendered doubly objectionable by
his persistent
detef
•
July
THE CHRONICLE.
17, 1886.]
63
and attempt the settlement of the Irish question from the
it with an obnoxious land measureBut as the land measure was not before the people, the Tory standpoint Lord Salisbury's main difficulty will
battle was fought over the Flome Rule measure on its own consist in the risk which he will run at every step of proThe battle has been lost The measure has been voking united action among the Liberals. The third
merits.
wanting,
not, as we have said, because it sought to possibilty is a coalition between the Tories and the
found
If Lord Hartington
provide a local legislature for Ireland, but because of its Hartington-Goschen Unionists.
yields, the Irish queston may be settled without Mr.
real or imaginary anti-union tendencies.
Home Rule is thus not to be regarded as out of the Seld Gladstone. This last arrangement would be permanently
On the contrary, it occupies a more •njunous to the Liberals.
of British politics.
^
There is yet a fourth course which may commend
prominent position than ever before. Mr. Gladstone has
again and again declared and he has not been guilty of itself in the emergency. Home Rule for Ireland is not,
mination to connect
—
exaggeration
in so
Irish question is
declaring
— that the
settlement of the after
an absolute necessity,
ary machine at Westminster
is
if
not to be rendered practiIt cannot be put
cally naelfass for all legislative purposea.
and no matter by whom the reins of power are held, the
One thing, bowdifficulty must be grappled with at once.
ever, has been made abundantly plain by this whole struggle
80 far the British people will not submit to be driven on
off;
—
this question.
What
all,
a party question.
Mr. Oladstone has failed to accom-
present circumstances, to forecast the future,
It
—
—
It is not a question of the
plish no other need attempt
One-man power or of party power any longer. ComproMr. Parnell and his friends
mise has become a necessity.
It will be
will no longer ba able to dictate their tarma.
necessary for them now to accept what the British ParIt is
be new.
liament and the British people are willing to give.
difficult, in
It concerns the people of the
ought to be looked at from a
broader than a mere party standpoint. It would be no
settlement which pacified Ireland by producing permanent
discontent and dissatisfaction in Scotland and EnglandA committee representing all parties Conservatives,
Unionists, Oladstonians and Pamellites, and both Houses
of Parliament
might agree upon a measure, which, if it
did not completely satisfy alt, would at least compel
acceptance, on the ground that it was the best arrangement possible. Such a course would not only make an
end of the difficulty it would remove all causes of irrita.
tioD, and would restore the political parties to their former
standing and relationships. The experiment would not
the Parliament- entire British empire.
—
It
was by some such plan that the question of
was settled in connection with the
redistribution of seats
men or measures. The one thing regarding last Reform BilL
which we are not permitted to donbt, is that some change
Sach are some of the possibilties of a grave and comwill be effected in the direction of decentralization, and plicated political situation. In the meantime the unfolding
the reconstitution of local government all over the three drama is full of interest and instruction; and we must
kingdoms.
await the issue where we cannot foresee.
On this basis, it is said, overtures have already been
Mr. Morbiso5's Resoldtiox Dibxctino Disbcrsement or
made by the Tories to Lord Ilartingtoo, in view of a
Tbkascbt BiXAXCE.—The followiDg is the resolution respectcoalition.
These are the views of Mr. Ooschen as we
ing the Treasury surplus, which was discussed by the House
know from his statentent to a Herald oomspondent The on Wednesday (July 14), and, after being amended as set out
change, whatever it may be, will be baaed on principles below, passed by a vote of 300 to 67.
applicable to Scotland and England, as well as to Ireland. torn BBSOLCTIOS DIRSCTi:iU rATMKXT OV TUB lURPLUS IX IBS
TBCASDST 0!« TB* PtTBUO DKBT.
Kmotmi, br the PcbsM aod llaaM or BsprMeuUtlrea of the United
It will not give Ireland autonomy or independence any
Stotaa of Ameiiea In ConicreM vnembled. That wheni-Tcr thr surplus or
more than it will give Scotland and England autonomy or balBuoe la the Treaeory. iDeluillDS Binount hi-ld for radeuption of UnUrd
and Is
either as to
BialM note*,
independence.
It will
not dispense with the presence of
boebf mad*
Irish representatives at Westminster.
It will
the relations between the larger and
the lesser island.
not loosen
excred tha aam of $100,000,000, It ahall be
the dutj of the 8«arct«rf of the Treaaurr to apply auoh
tbrnll
auma not leaa than SIO.OOO.OOO per moutb. during tUe ezlat.-ofany anohaarpluaor exreaa.to thn payment of the lutereat-bearlnx
exerM.
to
iBdablcdDeaa of the L'nltcd Hiatea pajable at the option of the QoTeim-
neat.
The above was the original resolution as reported by the
These are the views substantially of the Doke of Argyle,
committee.
Mr. Morrison, of Illinois, oSered the following
of Mr. Bright, of Mr. Chamberlain, of Sir George
SmendMent
Trevelyan and they have received the countenance of
"The anrpliu or balance herein referred to shall be thearallsbte
to the form of the statement of the
the London Times.
Precaution, whatever may be done, saraliia. aaoertalnrd aeoordloKaaseta
and llsbllltlea of the Treasury of
i;nlted SUtea TraMur; of the
will be taken against disunion, or the weakening in any the Ualted Ststea employed June 30, ISSr."
The foregoing amendment was adopted without division.
way of the central authority. Ireland may refuse to be
Subsequently other proposed amendments were rejected, and
;
atisfied
;
but
it
will
not be well for herself,
refuse to recognize facta and
if
she should
thereupon the joint resolution with Mr. Morrison's amendmen
back upon dynamite. was passed, as already stated, by a vote of 309 to 67.
As Mr. Ooschen puta it, a resort to dynamite will necestate rep ressive measures. Force will be met by force, ^louetarB5®0ramerctal fittflUBlx IB^cwB
BATES OF EXCHANUE AT LONDON AND ON LONDON
and the weaker will go down.
AT LATEST DATES.
The forecast is doubtful as yet regarding the GovernMioBAiraM on Loirooir.
LOWDOW-July?.
ment There are three possibilities. Mr. Gladstone may MLOOAMOM AT
LaUit
Bat*.
Mat*.
OitItaM.
Of. HUM.
be tempted to hold the reins, provided the Opposition
fall
from pressing a vote of want of confidence. The
party is a unit except on this one question of
Home Rule for Ireland. Da the part of many of those
who have deserted Mr. Gladstone's banner at this time.
refrain
Liberal
Lord Ilartiagton included, there
to permanaaiJy
beyond the
disrupt
possibilities
is
the party.
that
the
great unwillingneas
It
is
Premier,
perhaps not
Unght by
his
^lusterilatu.
Sliort.
13 1><
•12
Jnlr
.
Parts
Madrid
Smoa. 20-51
M
20&1
1 Bhort.
>->
2
July
Jnly
11
July
20-.M aao-fts
•<
i2-7a«iei2-7«>« July
Vienna.
«•
...•
lS-73H*12'~e>4
Trieate
<•
aa-40 •2s«2'a July
antwern .
I.
23i«i»23'«
July
at. Peterab-K
July
Short. 2.V25 atiHO
Pana
Uambiirir..
Berlin ......
Praakfort...
ezo-ss
eZO'SS
.
1207
......
1 fimort.
ao-ss
1
1
1
ia-«u
•--•
1
....
Bliork.
1
3mos.
231 33«
• •
1 Bbort.
....
Smos. •i5-37%»26-.12i.
•<
....
2»*.S 025-80
•<
June 23 3 mo8.
40 •46'a
<•
.-.•
46 •4Sra
f
....
. ...
S2%«&2>|
may bring in a bill of a more intelligi- Oadls
LUbon
....
and more acceptable character, and thus restore union aiezandrta
Oonstant'ple
Dwm-d
to the Liberal ranks.
There is alio the possibility that
<
Oaloutta.....
liOrd Salisbury, encouraged by the large accession of Hew York...
Hon* Konff.
numerical strength to the Tory ranks, may accept office, Shanchal.... ...a
recent azperiance,
•12-3>4
amstnrdam. 3 mns. 123
......
46-SO
....
ble
la:&ii«d.
JuVy"2
U.
2
July. 2 80 days
Jnly 2 4mua.
Jnly 2
ftiitd.
......
•t"''
rei't'rs
"
ls.S>e(L
Is. blifA.
4-8/
8a. 2>td.
4s. &7,d.
THE CHRONICLE.
64
[Vou XT.m.
December 30,
From oar own oorTMpondeiit.J
1885.
Clronlatlon, ezcladlDK 7-da7
£
London, Satiirday, July 3, 1886,
and otber bills
24,513,110
Throughout the half-year just concluded we have buoyed Public deposits
4,001,712
Other deposits
25,053,105
np with the hope of better things to come, but it can hardly Goveniuient securities
12,046,949
SpecuOther
securities
gains.
substantial
23,427,.505
any
realized
far
be said we have bo
Reserve of notesandooln. ... 11,352,118
"
bulls"
lation in stocks has been fairly animated, and as the
;oln mid bullion
20,115,228
Prop'u
have been the power in the ascendant, it can only be inferred Bank of reserve to liabilities. 38''8 p. c.
I
Inereate +
or decrease.—
Ju7ie 30,
1886.
I
£
S
25,241,110
728,000+
8.331.0<!0
4,329,348-H
23.068, f.57
1,94S,248—
2,538,486+
14,583.435
22,785,698
11,828.320
21,319,430
37-5 p. c.
641,807—
476,202 +
1,201.202 +
1-375 p. 0.—
rate
2is p. c.
4 p. c.
1 « p. 0.—
99ia x d.
lol^g
I'sp. 0.+
that confidence in the future has been gaining strength. This, Price of consols
The result of the tenders for the Treasury bills during the
cannot chronicle any
however, is a speculative opinion.
appreciable expansion in the volume of business done, but the half year has been as under :
Amount.
Av. p. e.
chances of a better trade during the closing six months of the .January—
js
£ a. d.
Three
wool
months
in
rally
sharp
2,195,0C0
2
18 11
The
brightening.
year are unquestionably
FebruaryThree months
is a healthy sign, as is also the better inquiry for cotton.
1,595,000
7
8
Six months
960,000
18
7>«
Occasional endeavors are at the same time being made to March, 1st Issue
Three months
4-8
1,025,000
12
infuse speculative activity into the hardware industries, but
Six months
730,000
they still constitute the weak point of the position, and are March, 2d IssueThree months
2,195,000
9
2
evidently a long way from acquiring a really healthy status. AprilThree months
have, however, the satisfaction of knowing that affairs
1,200,000
Six months
800,000
9>a
are not getting worse; and we can only hope that as the pol- June, 1st IssueThree months
696.000
7
7>i
itical excitement at home dies out, and we are under the rule
Six months
995,000
15
1
of a strong, resolute government, we shall see our way more June, 2d IssueThree
2-8
months
1,905,000
19
clearly to conduct our business operations with greater freeSix months
7-6
790,000
9
dom, particularly if, with continued fine weather, harvest
Money was rather wanted on the last day of the half-year, as
prospects brighten.
usual, and the demand was at the same time stimulated by
The farming interests cannot have improved their position the Stock Exchange settlement and the tenders for the Treasmuch during the six months, and until they do so the home ury bills; but the market has since got into its old groove, and at
trade of the country must suffer. At the close of December the the present moment the ease is as marked as ever. The weekly
imperial average price of wheat was 30s. 2d. per quarter. By Bank of England return shows a loss in reserve of
£618,000,
the beginning of March it had declined to 39s. This was the owing entirely to an increase in note circulation, the stock of
until,
the
improvement
set
in,
by
rallying point, and a steady
bullion being heavier. The proportion of reserve to liabilities
reaction in turn followed
end of May, 32s. 5d. was reached.
is now 37 '5, against 41"19 per cent.
and the quotation for the past week was 31s. Id. per qr. The
The rates for money have been as follows :
average quotation for home-grown produce for the four
Interett aOottet
Ojitn market rate*.
months ending with the close of December was SOs, lid,,
for depoHte by
^
and for the ten months ending June 26, 30s. 8d., so that the
1^
Trade BUI:
Bank Bittt.
Diec't Wee
season's average has declined 3d. per qr. In calculating the Loniofi
Joint
At 7 to 14
Fowr
Six
Three
Six
Stock
1 Three four
effect of the harvest upon the home trade and the strength
Hontlit Hontlit Month.] llmth$ Banke. OaU. Dam.
Montlu
of the farming community as a spending factor, it will be well
III
l5®~ 8 (33 2 @S 8 ®3
IH 1«-1«
Mayli 3 1«9 IH
to bear in mind what is now regarded as a recognized fact; Jona 4 S i«a- !«« - 2 02K2 e2Xl2 &Sii Hi
1« m-iH
••
namely, that a permanent low range in the value of cereal
11 8« ixa - i««- 1H9 - 2 132^2 »2h\i »»A
1
I
IM-IM
"
l«a2>^ 1«@2X 1«92«
1
18 2H I ®
1X«H 1 -1
produce is certain. Production of wheat is heavy, and with
«•
iM®w l^aS"* 1«32« 1««2« 1
S5 2i4 1
H I -X
fresh districts in America and India being opened up, under July 8 iH I ®1!4 ix« Mil -1
1
-'iu<a2Hiniiaii i«92«
the extension of railway facilities, the promise is for a continuance of this condition. This of course tells favorably
The foUowmg return shows the position of the Bank of
upon the dwellers in towns, who get their loaf of bread cheap
England, the Bank rate of discount, the price of consols, the
but it is a poor look-out for that large portion of the populaprice of middling upland cotton and wheat, and the Bankers'
tion which gets its living from cultivating the soil. The
Clearing House return, compared with the three previoua
re-adjustment of rents, also, whilst it proportionately relieves
years:
the farmer, reduces the income of the land-owner, and com1886.
1884.
1883.
1885.
pels him to be much less profuee in his style of living, and a
reduction of his expenditure affects, pari passu, the trade Cironlatlon, ezcludlng 7-day and
£
£
£
£
25,241,110 26,798,18S 26,468395 26,668,970
other bills
of the district. Such are the peculiarities resulting from the
8,331,060
6,412,666
9,387.951
8,860,966
deposits
Public
state of the grain trade, and in estimating the future of busi- other deposits
«3.088,85'
28,284,618 24,207.928 23,209,441
14.583.435 13,859.179 13,582.199 12,973,648
ness they cannot be ignored.
QoTerninent securities
22,785,698 22.246,478 23,543,988 25,656,498
The variation in the Bank rate during the half-year has other Becaritles
11,828,320 17,433,303 14,356,788 11.349,665
Reserve of notes and coin
been from 4 to 2 per cent, against from 5 to 2 per cent last Coin and bullion
21,319,430 27,481.4S8 26,075,683 22.266,538
S7B p,
42HP.C. S5X p. 0.
4858 p. c.
year, and although the business done during the past six Reaerre to liabilities
4 P.O.
2 p. c.|
2p. c.
2H p. c.
months has been of a very meagre character, it has been Bank rate
lOlXd.
loom.
99Jsd.
»9Jid.
Consols
about on a par with the corresponding period in 1885. There Ihtglish wheat, aTerage price.
Sis. Id.
488.30.
S2s.8d.
S7s. 4d.
We
We
A
ma
ma-
ma
••
w»
;
.
have been no special influences at work. Apart from the introduction of the French loan for £20,000,000, fair applications
have been made from other quarters for financial assistance
and almobt invariably with
success.
The Argentine Govern-
ment, Brazil, Buenos Ayres and India have
all figured in the
colonies South Australia
and Victoria have raised loans in addition to the requests for
assistance in developing local resources.
But at no time
list
of borrowers,
and amongst the
.
4«d.
Middling Upland cotton
No. 40mule twist
Clear! Dg-Honse retnrn
The Bank
8«d
sua.
lO^d.
6 7-16d.
9d.
BO.
134,921.000 12-»,816.00o! 140.994,000 1S3.399.000
rate of discount
chief Continental cities
and open market rates at the
for the previous three weeks
now and
have been as follows:
July
June
1.
24.
June
17.
June
10.
Ratetet
Int«nit at
Bank
Open
Bank
Oven
Bank
Open
Bank
0pm
except in the case of the Frtach loan, and then only for a day
Bate. Markel BaU. Market. iiat«. Market Bate. Market
or so, was the market sensibly influenced by these new issues.
a
3
1
3
1
8
Paris
3
Floating balances have been, and indeed now are, too unwieldly Berlin
3
2«
3
8
2«
3
S
3
8
IH
2X
to be easily manipulated. It will be seen from an examination CranUort.
8
8
8
8
2«
SH
Hamburg
1«
2M
of the annexed statement that the position of the Bank of Amsterdam-...
1«
Hi
1«
1«
2«
2H
8
3
3
England during the half year has not greatly varied. "Other Brussels
2«
Hi
«H
4
4
4
4
4
4
4
4
deposits " have declined nearly £3,000,000, from which it might Madrid
S«
4
4
4
Vienna
4
3«
appear that more money has gone into use for trade purposes
S
6
6
5
5
5
5
6
8t. Petersburg.
3
3
3
3
8
8
3«
an
but then the Bank holds £4,329,000 more public deposits. One Copenhagen
favorable feature is that the Bank has succeeded in adding
Messrs. Pixley & Abell write as follows on the state of the
£1,204,000 to its stock of gold, the supply of which is not too bullion market
Gold has been in good demand for Germany until to-day, when a rise in
liberal just now.
exchange checked further operations. The Bank has received since
The annexed comparison shows the position of the Bank our last £fi8,000. The arrivals comprise £23,000 from the West Indies,
«9,000 from Central America, £104,000 from Australia and Indiaand
of England on December
m
m
m
m
;
30th, 1885,
and June
Soth, 1886.
«100,000 from
New York;
total,
*23G,000.
July
THE CHRONICLE.
17. 1888.]
surer Impraved tUxtitlT at the eloae of Uwt week to 14%d.. bat » JurIbft and oonttnnoa* tell In Indian exohmnge* h«« elnoe oauMd a deoUne
in price, and the market eloMs flat at M«td. We hare reoelTed «30.0<K)
from the Wcat lodlee. 407.000 from ChUl and A'iO.OOO from New York:
«117.00a TbeP. *0. iteMaentaka A151,000totheEa>it.
total.
MexioanlMlan hare been tncooddeaaod tor immediate Bhlpment,
bat with Che tall la the valoe ofaUrer, the pcewot prtoe of 4i\d. will
probabi J not be maintained. The P. A O steamer ha* taken Jlt}5,000 t«
China and the BtralU.
The qaoutioiw for balUoa are repotted
8n.riB.
Umttm Wewiliirit.
OOLO.
J<d»
4.
IL
Bar t<M,aa»..
.es.
I.
n
•
Baraoi4.aaaUUa-a
Mdvta.iaT«r.aa. TTIO
/WW
S4.
JmuM
L
Jvit
BardlTOr
»
.oa.
1885-86.
1884^85.
1883-84.
1882-83.
Imports of wheat. awt.50.ti41,214 45.370.140 41.791,519 55,486,045
floar
11.405,706
Imports of
14,318,177 12.613,816 14,306,102
Sales of home-grown. .37,201,740 36,161,781 36,256.264 39,359,900
99,648,660
Total
*m
pared with the previous season
lBcS(n.coU.UM.
Ckks lUTar
oa.
«s
tfllS
«K
«8S^t«
MM
*»H
Wheat, qra.
Baitar
per cent leaa than for the corresponding period hMt year.
The London and Wcatminater pay at the rate of 14 per cent
per annum, againat 18 per oent. Theae annotinoamenta hare
not, however, affected the market.
The Colonial B»nk
maintains last year's diridend at the rate of 10 per cent.
Subscriptions haTS been mrited here for tS,000,000 first
mortgage 6 per oent bonds of the Eastern ft Wwlsm Air Line
Railway Company of the United States, the lane price being
90 per ont. Meaan. Brooks
Co., of 81 Lombard Street, are
racaiTing snfaaoriptiona.
*
BautU
According to atul)b$' Weekly
ores in England and Wales during the
was 79, a decrease of 4 from last year.
anmber
the
weA
of
f ail
failnrea
daring the lint half of 1880
was 9,919, b«t this does not at camm inolafils private arrangements. The failures in the wholesale trades were distributed
as follows
During
DmHmt Okt pmt IMS.
la Undoa
la Urerpoot
tn M anen atter
In I aneanhlre
In Yorkahlrv
n
14
n
u
SS
U
17
Ill
47
MMUmI
Ir«a
HoU
MVUleabroiuli
In
aadDMrtet
BrMel. OanlW.
.
f»!?"~
7
OoBverting qnarten of wheat into owts., the totals for the
kingdom are estimated as follows:
1885-88.
1884-89.
36,161,781
.owt. 37,201,740
The foUowi&g shows the
1883-84.
1882-83.
36,250,264 39,259,900
(juantities of
wheat, flour and
maiae afloat to the United Kingdom.
mk
Lait t
2,107,000
231.000
Tkii <catk,
2,048,000
900.000
SS4.000
Wfeao*.
'.sqoaltoqrs
nsariSi
.«r».
.
518,000
LoMt mar.
3.471,000
1884.
1,912,500
205.000
255,000
382.000
331,(J00
Bosllsk riaaae4al .narkate— Per Cable.
The daily closing qootationa for seoonties, &o., at London
are reported by cable as follows for the week ending July 10:
Sat.
JTen.
44H
44%
n«ss.
Wad.
Tkur».
fW.
43IS1,
44
"tsiiTs 483ii
101«„ 101&t« 10H,« lOl'ie
101»u 101%
I01»j, 101%
10l»,a lOlSia ion., 101»,«
8S07>s 82-96 83M 83-03>« 83-00
118^ iis^s 114
114% 114%
llS^f
88 09
tr
138^1
138%
138%
69%
128'^
128'8
96
31
141%
141%
141%
55 1«
55l«
55 >4
12%
109%
12%
x08%
99%
99%
80%
81
9«%
80%
142<«
OUaols Central
55l«
PeoasylTanla
'Wladelphia A Readln« 12%
..
If .w VrtrV 0*ntr%I
109^
143
'.'.'.'.
55%
13%
109 >•
138%
69%
94%
xesk
94%
33%
95
OOH
QMs.IIILA8t.Paal....
12%
100
68%
33%
142%
55%
13%
I0»»i^
Manoif AL Banks.—The following national banka have
ji
8
7
41
!•
M
3S
6
13
10
1»
it
*l
41
»7
»•
9
8
87
85
6
lately
boanorKanised:
SJSM-the
tal.
Bank of Spracoe, Washington Ter. Capia. W. falrwealhsr, PrMldeni; Oeo. a Brooke,
Flrat National
850,000,
*,938—Tke Plret national Bank of Hiiperior, Neb. Capital, $50,000.
D. ITiissafmaii. Praddent I.. R. Adams, Caahler.
S.53»-Tke Feopte's National Bank of Shelby rUle. Tenn. Capital. 860r
OOa Nathan P. Erans, President;
;
^
S
*«^
3
tlu
70
Rewpott sad
;» fw«»<5s^
g^***""*
l"
In IrelsaS
8
mtdtng
/»»«.^d6.
M/UJA
8
OMrkl
In Vswaaalle,
Utkmlf.
„
Birmlaxhaa aod
tn
d.
d.
t.
ft* wtntiJu
'
^
.
.
^
f.
i
Thaawaberof
ftOss.
S,a9SJ>83 30 8 3,531,083 33 3 3,527,670 33
3.890.380 28 5 2,832,800 31 2 3,051,741 31
857,342 19 3 842,143 20 5 351,465 20
d.
ending June 96
9,879, or 170
1888.
1893-84.
Alfgt
Priit
iritole
X>endon.
The number to date
more than last year. The number of bills 8 ivar, per
Of sale registered waa 980, being 99 lass than last year, the joasols ter
Osawls for aeeonnt.
aggregate to date baii« 0,909, or a gala oT 188 orv 1880.
PCoh raotes(tn Parts)
4>saof 1891
Mr. Bichard Seyd has isBiied hia slatisttes of fUhirealnthe O.a.
a. 8. 4s of 1907
United Kingdom dorteg the year 1885 and the tirst half of (TSasrtlaa Paelllo
was
1884-89.
Aifgt
Prvet
I.
The Bulk dividenda so far annoonoed are not aatiatactory
The London joint-etock pay at the rate of 13 per cent, or >^
90,661.599 109,052,047
:
1885-86.
44U-16
Bar •Urer.eoatala-
mo
93,750,098
The following statement shows the extent of the sales of
home-grown wheat, barley and oats in the principal markets
of England and Wales during the first forty-three weeks of
the season, together with the average prioes realized, com-
4.
*.
«.
«.
n
• followa:
60
»•
W7-«8«i
cashier.
Tba VIrtt National Bank of Calamet, Mlob., No. 3,457, has been
ahsanad from Calamet to Red Jacket.
mrcaxs AND BzFOBm roa thb Wkkk.—The imports of last
waak, compared with thoee of the preceding week, show an
hiiiiiiasii in dry goods and a decrease in general merchandise.
»««
Not loelndiag MMdlMbroech aad BaU.
1kMala|MmportB were $8,036,435, against |S, 130,515 the preweeks previous. The exports
and on|BSiMcand|8,9S5,79t two
Mrtta week ended July 13 amounted to $.5,543,035, against
inaninatfaa. There has been aa entire absaoce of any
$7,l'3J.0>ii
two weeks previous. The
$8,888,163 hut week and
ezhiMtioa of life.
Hand-to-moath operations are still following are the imports at New York for the week ending
P0w'8ted in, and this policy will no doubt be maintained while (far Arf goods) July S, and for the week ending (for general
the p rsee nt fine weather oootiaues. Buyers of wheat have »—"M'v"*") July 9; also totals since the beginning of the
Sist week in January:
again had a alight orwas tnn a l adTaatage, but there is not that
roaaios imfobts at mbw tosk.
Inclination to force sales noticed a few weeks ago. CoiuUlerMarWmk.
1886.
1883.
1884.
1889,
lag the small anaoont
•
The grain tmde ramains
in its
oM
state of dnloeas
of hwninew done, the trade U in fact
oompwatiTely steady, and this In the faoe of liberal foreign Orf Ooo<U
Oen'lmer'illsa..
importations and of full aTerage dellTeriea of home-grown
Total
prodtKe. The inference would seam to be that current uota MnetJan. 1.
tions are aooepced as rsprswnting the real Talue of wheat, OryOoodn
own aUowlag for the harveat proapeot. Any early rariation OsBlser'dlse.
•
ooadMoo of the
iliietaatloa
m values.
The following return shows the extent of the imports
produ<» into the United
forty-three weeks of the seaacas
cereal
!««-«.
Kingdom during
the
1,447
I
l,1V-».
aTailable for
tot
l^t't
of
first
1.073
4.*i>J.l77
'•• oi-i
.Mi,j:-J
2,39.1. .S97
l.-i •. .!'<
2,:i7l».297
23.7*2. 207
lH.3i.'.«M
14.306,102
1.
Snppliee
•1,840,863
6,763.796
•2.036.184
5.990,291
•9,362,915
•0,858,806
87,591.659
88,036,425
•61,400.516
•.%9,OB2.949
16i»,601,211
•49,09^,856
145,323,915
trO. 170,686
176.11 l.;i48
165,553,329
tMal 37 weeks. •241,212,491 (',128,663,760 1B4.41II.771 225.024,011
In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign porta for the
week ending July 13 1»M, and from January 1, imi, to date;
,
12,613,416
ouQsumptioa in forty-three weeks
1):
1883.
tM«-8.
Ifl<t9-4.
-
Soaa
5,2.;7,093
sxroKT* raoH saw tobb for tbb wsbk.
lR«-».
R2
Waani.
•1,631,713
|
trale does not seem at all probable. A
oontioaed quiet inquiry appean foreshadowed, with rery little
ia the
»2.300.031
7.0Ul,94t
Por the week...
8>t,0.'<g.31fl
Prev. reported..
17.^,378,6(,1
Total 27 weeks. • 181.417,980
1884.
87.073.101
192,340.182
1889.
•6,641,619
165,900,474
1886
85.543.025
152,537.543
tl9Ml3.283 8173,942,097 8158,080,567
The following table shows the exports and imports of specie
at the port of New York for the week ending July 10, and
•faice Jan. 1, 1880, and for the corresponding periods ia
1880 and 1884:
THE CHRONICLR
66
Bzroan axo imtobts ow
spioia at
nw tobk.
aoui.
Since Jan.l.
Wt4k.
•2,S0O »12,4.M,844
11,571,801
Qreat Britain
Since Jan.1.
Wetk.
$
5,469.2tl5
105,i46
5.'S7,27"3
3i',933
465,338
3S0
7,547
918,393 136.927,707
6,294.163
8,600
46,720 37,768,'.i99
$137,503
55.136
$3,059,420
5,«89.8.3
6,960,534
l.V,593
Allotberconutrlea...
Tetal 1886
Total 1885
Total 1884
$193,687
1,127,313
867.6 12
61.\87l
20,704
6,408,186
Weat Indies
Booth America
1,017,981
Parker
The two portions of the Leon Mount Ayr &
Southern road; the Western Iowa road, extending from Fontanelle to Cumberland, Iowa, and thn St. Joseph and Dea
Moines road, running from St. Joseph, Mo., to Albany, Mo.
Lake Erie & Western.— Mr. L. C. Ashley desires to correct
:
ImporU.
MtporU.
[Vol. XLlir.
2^6.66
the impression that the plan of the Hollins Committee for the
reorganization of the L^ke Erie & Western R. R. is unopposed.
He states that the bondholders' committee, of which he is
chairman, are actively proceeding with their work, and have
expectations lliat their plan for the reorganization of the
company will be carried out.
New York
Stock Exchange.— The Governing Committee
Exchange lias listed the following securities:
and six thousand dollars of the cnpital stock of
$
»116.760 $5,343,787
•
the Central & South American Telegraph Company, $SOO,000
Sreat Britain
192.177
Vranoe
""xi first mortgage 6 per cent 30-year gold bonds of the E ist &
34.550
483,100 West Railroad Company of Alabama, $3,374,000 of the first
25',669
3,416
117,437
103,89r>
5,342
mortgage 5 per cent 50-year bonds of the Chicago & Indiana
Merloo
253,400 Coal Railway
2,6ld
e9"25i
14,065
South Amerloa.......
Company, and $1,050,000 prior lien mortgage 6
3,168
60,428
All other ooontriea.
per cent gold bonds of the New Orleans & Northeastern
(813.611 Railroad Company.
$22,823
$143,839 $5,817,680
Total 1886
984.908
36.527
474.659
9,089,189
ToUl 1885
Shenango & Allegheny.— At Pittsburg, Penn., July 13,
2,043,088
60.676
288,391
7,173,853
Total 1884
in the case of the Shenango & Allegheny Railroad Company,
Of the above imports for the week in 1886, |103,103 wwre Judge Acheson, of the U. S. Court, filed an opinion decreeAmerican gold coin and |816 American silver coin. Of the ing the sale of the road under the first and second mortgages.
The road is 68 miles long, and the liabilities are $3,250,000.
exports durins; the same time $10,1-13 were American gold
The date and place of sale will be fixed by the court later.
coin and $1,744 were American silver coin.
In reference to the editorial item in the Chronicle of last
United States Snb-Treasnry.—The following table show
the receipts and payments at the Sub-Treasury in this city, as week concerning the payment of interest on the coupons of the
Denver & Rio Grande 1st mortgage bonds for the period during
well as the balances in the same, for each day of the past week
which the coupons were in default, Mr. St. Goar, the Secretary
Balances.
of the European committees of let mortgage bondholders thinks
Payments.
Receipt*.
DaU.
Coin.
Coin Cert'*, Ourreney.
we ought to have made mention of th^ part played by these
Silver.
of the Stock
Four million
.
—
;
committees in the work.
July 10
••
12
"
"
"
"
13
14
15
16
Total
..I
10.973.853
1.471.623
2,063,633
1,467.278
1,079,912
2,171,481
11.302.561 128,621,038
1,819.140 128,528.411
l,93:M83;i28.490.'J93
1.382,804| 128.5 17.166
864.350 128.488.483
1,3 J2,lll 128,457,351
19,827,813
18,610,46:1
62,424.680
62,474,590
62,539.300
62,611,570
62,639,470
62,608,360
17,820,594
17,5l«.786
18,1'6,345
18,201,275
l-<.4180ti5
19,349,660
& Merchants' Telegraph.—la the suit of this
against the Western Unioa for $2,000,000 damages,
for cutting its wires in 1885. the jury on the 10th inst. rendered a verdict for $240,000 damages. An appeal will be
taken by the Westt-rn Union.
Oeer a year ago suit was brought by the holders of the
#300,000 first mortgage bonds of the Bankers'
Merchants'
Telegraph Cjmpmy, covering the beat part of that company's
property from New York to Washington, to foreclose the
mortgage which was in default. Judge Wallace has recently
decided the case in favor of the boniholders, and application
will be made for a sale under foreclosure.
Bankers'
company
—
&
Ciiiro
& Yincennes.—The
report of the receivers of the
Though the receiver did not oppose
the action, it was chiefly through the efforts of the European
committees, as represented by their counsel, Mr. Charles C.
Beaman, of Evarts, Choate
Beaman, that the court was
induced to grant the order. The European committees labored
earnestly and effectively in the interest of the 1st mortgage
bondholders for over a year and a half, and it is only fair,
therefore, that they should receive credit for what they have
done.
&
&
—Messrs. Gorham, Turner Co. have been offering, at 115 and
nterest, $50,000 Syracuse Phoenix
O.^wego first mortgage
6 per cent gold bonds, due 1915, interest February and August;
principal and interest guaranteed by the Rome Watertown
Ogdensburg Railroad Company. Total issue of bonds is $175,000,
on 17f/^ miles of road, and the net earnings are more than
double the amount of fixed charges. Road is leased to Rome
1
&
&
& Ogdensburg Railroad Company for 450 years,
from December, 1885. The Syracuse Phoenix & O jwego Railway Company has valuable privileges in the city of Syracuse
and an advantageous connection with the New York Ontario
& Western Railroad Company at Fulton. It has a profitable
long time contract for the use of the Ontario & Western tracks
from Fulton to Oswego.
Watertown
Cairo & Vincennes Railway, now being operated under an
order of the court as the "Cairo Vincennes & Chicago Line,"
«how8 a marked improvement over the working under the
We have already referred to the opening of the Chicago &
Wabash administration. For the last year, previous to the Indiana Coal Railway between Brazil, Indiana and Fair Oaks,
appointment of the receivers, an apparent deficiency of $200,- where connection is made for Chicago. The first, mortgage
000 was shown, but according to a report presented for the bonds upon this line have now been placed upon the Stock
year ending April 30, 1886, the earnings for the year were Exchange lists to the amount of $2,374,000, or about $30,000
$505,031 operating expenses, 78-33 per cent, $395,548; taxes, per mile. The bonds are a first lien upon equipment, terminals
6 90 per cent, $34,864; net earnings, $74,618; interest on and all property of the company. Slessrs. John H. Davij &
receivers' certificates, $12,803 net income, $61,816.
Co. offer the bonds for sale, and issue a circular which will be
Chesapeake & Nashville.— A recent press dispatch from of interest to investors.
Nashvil le, Tenn. said that the Chesapeake & Nashville Railroad
The Homestake Mining Co. has declared its usual diviCompany, of which Mr. Eugene Zimmerman is the President dend of $50,000 for the month of June, payable at the transand Mr. C. P. Huntington, of New York, the controlling spirit, fer agency of Messrs. Louusbery & Co., Mills' Building, on
will not construct the proposed road between Gallalin and the 26th inst.
Nashville, unless the bondholders in Nashville force the comAnction Sales. The following were sold at auction repany to carry out its contract. Two years ago the management of the Chesapeake & Nashville t)ropo8ed to extend the csntly by Messrs Adrian H. MuUer & Son, 13 Pine Street
Share.
'oad to Nashville, provided the citizens would subscribe
601 L'ville N. O. & Texas RR. iH
156
8 Manhattan Bank
—
;
;
—
,
—
$500,000 for bonds, to be paid in instalments as the work
progressed. The bonds were taken, but no work has been
4one south of Gallatin, thirty miles from Nashville The
road between Gallatin and ScotUville, Ky., is under contract
and a portion of it has been supplied with rails. It is understood that the line between these places will be finished, but
that no other work will be done. Mr. Zimmerman stated
that
the money paid in by the bondholders, a portion of which
had
company, would be refunded. The Louisu ^,.^^5
TiJle
Nashville I^il way Company has made a proposition
to
the Chesapeake & Nashville Company. The cars of
the latter
will probably pass over the Loui,ville & Nashville
track from
GaUatin to Nashville. The matter may be taken into
the
10 R. Eat.
&
Auction
Room
Bank
Bonds.
City of Newark, N. J.,
7« Pulilio gchool. Series C,
102U $1,000
(Llinlleil)
41
100
100
60
America
169
Tradesinen's Nat. Bank.. 103
of
RutKei'.H Kiro
North River
Ins-.
Ids.
Co....l25'2
Co
Co
12 Continental Ins.
382'a Coutineutal Construction
Company
105
221
20^-20
lie's
due 1892
$i.000 City of New York Gs
C'lnsoUdated Stock, due
1926
12B''8 &lnt.
$5,000 City of Milwaukee 78
Ill
Water, due 1902
"^ &S^^
courts.
United States Qovernment aud other desirable
Chicago Bnrlington
filed
m the Recorder's
& (Jnlncr.-A
trust deed has
SECURITIES
been
office in St. Joseph, Mo., which
states
in substance that: In October, 1870, the Chicago
Buriiugton
Quincy made a trust mortgage on the Burlington
&
INVESTORS.
Missouri
^^* instrument contained a
cl«u.,e
2.ThP»ff"°A^'l°^"\^the elTeit tnat any branches constructed
to
or acquired by the
after the day of the mortgage could
be added and
"^
'"O^tg^K^- The Chicago Burlington
a^t.% iT'
'"ll
or built Various branches
wh!c?/i/^w""*=1
^J"^"in""d^''"^
which
It now includes
the trust mortgage in ordtr that the
be issued thereon. The foUowfng
™^?
propert "is con!
i'fvf?
veyed
trust to Francis Bartlett, Wm.
J? Ladd and He^y
company
&
m
roH
&
AU Btooka and bonds
listed on the New York Stock Erchange bought
sold on coniniission for cash.
Deposit accouuts received and Interest allowed on montUy balanoes
and
anbjeot to draft at
siKlit,
HARVEY
38
FISK
Nassau Stekkt,
&
New
SONS,
York.
JULT
THE CHRONICLK
17, 1S86.1
67
nichmarks, 9Si®95} and
guilders,
95J®06;
40^^40} and
401040).
~~~
T
•B
dTI
N
I
The foUowliu dlTldeudu ture raoanUr been announoad:
iraaM ot OomfMmir.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day Savannah, buying
par, *ellingi@( premium; Charleston, buying par® 4 premium,
selling 3-16@i premium; NewOrleans, commercial, $1 premium,
bank, $1 50 premium; St. Louis, 50 par; Chicago, par.
:
inun
Bookt Olotd,
POyoM*.
(itayf itulutiwt.)
The
rates of leading bankers are as follows
:
.<da.
t;
JnIr
• ISO July
KMt Pri
OMirgta Ki< A IK .» gCo. (quar.) 92 SO July
" July
ladbuiapoll* B. It
B
Jolr
MUI Crrek A Mloe Hill
e
Jolr
MoUDC CarlM'ii A Port Okrtwo
:>• July
Bchuylklll V»llry
3
AtlnotaA
Inaaranr*.
Aarrlraa Kxcbanxa Ktre
Ooardlan Fire
B«a>e Fire
s
B
IS
20
IS July a to July
16
IS
IS
IS
Bavatd
Oadaa.
E<|ultabla
Pacllle Fire
July
Tatar Ooopar Fire
Oad«a.
Oad-B.
OadCBL
OadOB.
WUllaiDkbarc
(1' J
B
Mra
10
IBIa«ellaBM>Ba.
FM»llly A I'aauall) C»
Goaraalte Co. of N oiih Amrrtea.
4
S
10.
bills
on London..
Dooamestaryoommerolal
Demand.
87
4 88>9»4 85^
4 8.\ #4 SSk
4 8S>a
4
is^as leys i6Vftsi6i«
407„9 40>«
s
ParU(trancsl
(cnllders)
.......
40U«40S,«
9S!%«9S>,
95^ta95''e
United States Bond^«.— Government bonds have shown a
fair degree of activity, the sales being confined to the 4b and
44s, the former advancing a little, while tbe prices of the other
clasae* remain about as but week.
The dodng price* at the N. Y. Board have been as follow*
IB
it
Auarstt jMlg
10.
OadM.
July
Sixty Day*.
Frankfort or Rroinnn (TAlohmarkal
OBdrm
ioljr
July
PrImebankers'aterUng
Prime oommerolal
Amatardam
Oadou.
OodMB.
Haw Yurk
FkeDiz (Bmotlya)
Staodanl Fln>
U
18
r. H.
«TBEKT. VBIDAV, Jair 1«> 1« W
Tbe Moaey Market and Pinanclal Sltaatloa.—The
crop dtualion at the North coatinues to promiM well as a
Juty
12.
13.
Julu
14
July
16.
UlVa 111-1 111\ 111\<
113
-Mar./lll\ lll^ 111\, '1H!«» 111^' 111!||
oi4ip.
-'125''9
126
12H
I2(i>4 '126%
ntc. '^-Jan.
r<«. 0.-lfar
4>ta.lll91
WALL
July
'
4>as.l«91
(,
4s, 1007
*»,
ooop.
3s. opttoo n. 8.. . raff.
ea. ent^, "93
re«.
1M7
es.anr'ar. "99 ...ng:j.
I
I
A
A
A
A
A
120
126
-Jan. :2.Sm
-Feb. '100\
I
100\ 100»8
126 14
lCrti«*126>4
1005, -lOOi* -100 ij
'
12B
126
i26'4 -iitm 'izai*
J 126
J •12S5q 128 !V \WH '128'f •12'«'»'129»e
J •laiu 131 >4 131V, I3miM31«j|'181\
I3:)\ 134 |-134
•134*4
J.; •133\, 13.r\
.
,
,
whole, aad tbe Agricultural Bureau report for July makes the 6s,anrV]r, •»?. KCJJ.
es.aat>7, >98.
reir. J.
(•r<r.'Ut:nn of corti even better than last year.
Some fiood 6s,*Br'vy,
1t9.
re<. J.
J. '136>4i
13b>SiM36VMS6H
itti-tics estimate the total wheat crop thU year aa high as
*m* la Um prloe bid at the momlnc board no tiu* waa made.
Stat« and Railroad BondB.— State bonds have had a mod4£5,000,000 bushel*, after allowing for the probable effect of
the drought in the Northwest on spring wheat. Cotton may erately active busine**, the total transactions being as follows :
$80,000 Virginia es, dcf>-rred, at 10-}; $70,000 do. trust reb« as large, or even a larger crop than last year, if the product
cei|ita at lO-i; $23,000 Tennessee settlement 8s at 74-i; $2,000
west of the Mississippi Rirer increaiee sofficiently to orercome do. 6s, newsenea, atOl^; $10,000 do. compromise bonds at 70{
the loea in the Atlantic State*. These are matters of impor- $4,000 Norib Carolina consol. 4s at 86^98; $9,000 do. 6s,
tance, bearing upon the future ralue of railroad stock*, since a 101», at 125; $8,000 Louisiana conioL 4* at 7Si-}; $11,000
Alabama cla** A at lOSf-f.
bad crop year would put a damper on the gradnally-improTiog
Railroad bond* have been only moderately active for all but
condition of business, which has ben to oonelusiTely shown of a few clasaes, the moat oonspicuoiu exceptions being the Erie
late io tbe bank clearings and railnad MiBinga compared with Ixmda, which had a very active market late in the 'week, when
the price moved rapidly upward in consequence of active buytiie same for corresponding period* of 188S.
The stock market, which wa* dull and rather weak until ing on rumors of further increiued earnings for June. The
toMof the market baa been firm or strong, though the changes
Tbunday, developed then a strong morement, led by Erie artjRH, as a rule, very important. Tbe Denver bonds improved
atock* and bonds, for which the demand wa* stimuUted by oa^^ completion of the foreclosure and the better financial
report* of a heavy increase in Jnoe earning*, and also by piMMcts of the company; Texas & Pacific Hio», after an early
riimor« of nr-Koiiiition* for a Control of Chicago A Atlantic on OmIvk, have latterly been very strong and more active, as have
alia
income*.
favorable term*.
Tha eioeing price* and range of a few leading bond* are annexed
'tiii- taunt luifKirlsnt item of definite new* this week was th
etUement at CbicsKO on Thursday of the Western war of
«<nMJan.l.'8e.
OtoaiMfk
rate*, embrarir - •'
t^incas to St. Paul, Ac, on which rate*
Wmmtof BomA,
BightMU
Xowsal.
/M/y
JmJv 16
Inly aO lo Sept. IS, when a permanent
are to be rc»t.
adjustment i^ .. ,- .. .'or; also the misinea* to Omaha, Stc, on N. T. L. K.A Wnit.2d eonaoL 6a. ex. June, '86, ey
08 la
98>«
76>Jaa. 981* July
which tbe resloralion of rate* i* to be made July SO, and a subse96l« Mar.
77 «s Feb.
Fbb4hI coup. Sa
92 >•
94
quent adjustment of difference* to be made.
lOSTg I0I\| Jan. lO'V Jnn«
103
'e*|flkiB«.irttar.4a.
The open market rate* for call loaiui daring tbe week on itm
8718 May
9A
06 >t June
Texas, gen. Ha.....
»S>a
7.'>4 ."*rnj
f'3
do
81
Jose
81%
Do
Ken. Sa
itock and bond collatervl* have ranged at l^S per cent, and
67^ 45>a.liia. W*% June
^ A Paclllc Rloa, «a,cp. off
S«>a
to-day at 1A3 per cent. Priae commercial paper u quoted X. T. Cb. ABI I. lst«a. ir. rcc.
l>9>4 July
St Miiiy
96>«
98
II414 Jan. 12:<>sJuly
Deav. A Bk> GFMude. 1st 7s
120
tSi«4 per cent.
112" 8714 Jan. 113 July
eon. 7i', tr. rcM.| 103
Tbe Bank of Engiaad weekly statcatant OB Tbunday ahowcd
83% Mar.
Vest., ist
7S»a
73Hi Jbu.
a gain in specie of £17,000. and the peroentage of reMsrve to
101 Jan. 110% Apr.
109
talanil. Intfis
86 Jan 113 July
113
A Danv. debenl. Ms. 113
liai>iliti,s was 80 1-16. agaiurt 8S| but week: t£e discount nte
nosale.^
wn« iinrUanged at 2^ per cent.
The Bank of France lost
Kill road aad
MlBcellaneons StoekR.—The market re6,800,000 frmncs in gold aad 8,W5,000 franc* in silver.
The Kew York Ulearing Hottse banks, in their autement of mained dull and comparatively featureless most of the past
week, and fluctuations in all but a few stocks were unimportJi:Iy 10, ehowed an incrcaae in eurplus rcaerve of $3,140,000,
the toul Hirplu* being |18,1C1,4:m», againat $11,021,450 the ant. Tbe general tone was weak in the early part, with a lack
Western Union was unsettled
of any energetic bull support.
previous week.
The following table show* the change* from the previous by the adverse decision in the Bankers' &, Merchants' case, tbe
in the West
vaek and a comparison with tbe two preceding yean in tbe grangers by reports of further damage to crops
and the then unsettled condition of rates, and Lackawanna
Mcngea of tbe Kew York Clearing Houae bank*.
was freely sold down by speculators on the statement of weak
coal prices.
Mr. S. V. White is said to have been a seller of
me.
lhfir'nemf>''n
ism
Igfl4.
Jmtf :o.
Pmiout Wmt. /M/y 11.
his favorite stock.
Declines in the general market, however,
July 12.
boaasaaddla. *SU,ao4.30( Db«. •73V.B00 •306.i»l.aOO«2g9.8 17.100 were not great, and occa.«ional reactions made the net changes
es.«n.:o» tac. 1.2M.-.00 iie.zis.ioo «8,612.e00 from day to day unimportant.
Oa*.
iS.XO0
».ro9.)ioo
14.470.100
On Thur»<lay a change came over the temper of speculation,
aTV.14S.M0 loe. 1.7au.60O S83.7Ba.700 200.562.000
and prices arlvanced, a better fcclinjr being encouraged by the
iS3i8J00 me. 1.343M0
30.139.40(1
•94.7BSA»< (ae. M33,T00 •9ft.930.e7.S •74.948000 aintsement for a temporary restoration of rates among the
The grangers improved
107,l*47,Mie lae. t>72,700 liO.»« 10.400
98.741,000 Western and Northwestern roads.
under this influence, and Lackawanna was also advanced by a
«e3,900.73^ •23.85.1.000
demand to cover, and also purchases on the long side. The
I.
ng exchange bss been Erie stock* and bonds were most conspicuous in the advance
very :in.i;«;<J, ami .Ji«i Qurktt cuiiiiiiuc's dull and featureless, on the reports of increased earnings and the prospects of a
with ratrn heavy. Commercial bills are in fair supply. Posted favorable trowing for June, together with talk of a new allirates wf^ro to <i
I
A demand for this stock
i cent to 4 87 and 4 S9i, in conse- ance with the Chicago & Atlaiatic.
quenc' i.f n fr.
f security bills against tbe purchase
from Lonrlon is also one of the points which is spoken of as
of jUi<k» f'.r lyiniioo Recount,
helping the upward turn.
T/v-doj the raiaaaa actual bullae** were
follows, viz.:
To-day, Friday, the market showed a good degree of
Bankers' 60 .iay*' sterHng, 4 8614^4 86|; demand, 4 >»7ia4 88
activity in tbe morning, though prices generally declined a
( tMea, 4 tS&4
88^.
Commercial bilU were 4 841@4 85. fraction from the best figures, and closed very dull in the
Contloental tulU were: rraac*, 5 181^ 18} and 5 loj; afternoon.
:
A*
.
•
.
'
I
;-.
*
:
THE CHRONICLK
68
NEW YORK STOCK EXCHANftE PRICES FOR WEEK ENDING JULY
16,
AND SINCE
HTOHBST AND LOWBBT PRICES.
BTOOK8.
KH.
Active
Stoeks.
OBuadlaii Pavlllc
.-
OuuMlaSoutbcni
New
Omtna Pacltlo
Oheaweake AOhlo
Istprei...
DO
Zdpret
Do
Okteago & Alton
Oklci«o BiirlliiKton & Quinoy
Jersey
Oentialot
July 12.
Ohioaco Milwaukee acBt. Paul.
671*
e?!*
67Hi
e-is
67% 68%
44
44 >s
43
41
43
541$
5513
42
42
54% 55%
4lia 41%
il\ 41%
•13
•10>fl
9
17
12
16>g
134 >4 I341J 134
ii^Ja
prei.
Ova.
pref.
j>o
&,
30>4
30>4
4?iT8
46%
134
451a
123
113
140
126
Lon^
Island
41ie
LomsvilleA Nashville
Lonls.
New
Alb.
<&
Chicago..
Hanhattan Elevated, cousol.
Memphis & Charleston
50
124
3813
Mlohlgan Central
Mil. Lake Shore & West
Do
pref
& St. Louis
Do
pref
Missouri Kansas A Texas
BIlnne«poll8
961a
401a
74
9OI4
•191a
9OI4
201a
68
46I4
St. L A P„ P.Com.ropts.
pref.
_ Do
Useellaneous Stocks.
Colorado CoalA Iron
OonaoUdated Oas Co
44 la •441a
33%
21% 22
•24 13 24%
American
.,
.....
United States
Wells, Fargo A Co
Inacttve Stocks.
AtlanUcA Paolflc
Bankers' A Merchants' Tel...
Boston A N. Y. Air- Line, pref.
Borllngton Ced. Rapids A No
Cedar Falls A Minnesota.
Cincinnati Wash. A Baltlm're.
Bast 'Tennessee Va.
Do
„
Barlem
Cent leased Une stooji
Keokuk A Den Moines
641a
126
8
3I4
101
Do
Rlchmniirt
tJUon
A
A
19
19
18%
14%
37%
26%
58%
21%
19%
14%
37%
27%
59%
21%
14%
38
261a
591a
22%
171a
2gia
13%
9%
21%
30%
72%
42%
•49
i24%
18%
14%
38%
26%
19
16%
39%
26%
5878 59%
21% 22%
24
SeaneweeCoal A Iron
ie" "ie
9
9%
21% 21%
3078 32%
19% 19%
157g 16%
39% 3978
27% 27%
22
143
145
31% 32
31% 32
32
2378
140% 145% 143
_
5
75% 75%
24% 24%
"75%
•24
24
33%
22% 22%
24% 25%
33
4%
8%
9%
9%
9%
54% 55
17% 17%
29% 30%
96% 97%
32%
4%
25
83
97%
107%
5578
136%
6578
1778
.
7%
100
7%
101
7%
100
•65
*15
127
16%
25
5078
3%
8%
100
101
100
•14
17
•14
7%
3%!
1%
•23"
24%
18% 19
46
46
3%
•6
1%
235
98% 93%
77
42%
19% 19%
6%
6%
19% 19%
16%
39% 40
27% 27%
59% 60
23% 24%
15% 15%
33% 33%
22% 2278'
25
25%
16
32
•75"
24%
50%
32%
78
25
51
38% 39%
10%
55% 56%
•18
18
18%
30% 30% 31
10
128
7%
101
83% 84%
97% 98%
•142
•106
63%
126
7%
100
144
108
65
126
•8%
6
25
16
18% 18%
15% 15%
5%
23
9%
29
5%
24%
9%
29
18%
1878
29
i'9%
44
44
7%
Feb. 17'
34% Mar
42% Jan.
38
7
13
4|
18
Mar. 24
May 6
Apr. 30
500
May
61% May
29
22
50%
Jan.
Jan.
900 16% Mar.
950 40% Mar.
68% July
45% Feb.
57% Mar.
44% Feb.
13% Jan.
21% Jan.
15% Feb.
14
17
3
1
8
6
241
Jan.
Feb.
Jan.
Jan.
Feb.
6
9
5
Jan.
4
July
3
S
9
June 21
June 8
40 June 23
76% Jan. 2
71% June 3
95 June 10
23 June 9
51% Jan. 4
21 May 3 32% Jan. 2
774 100% Mar. 24 114% Jan. 11
11 May 22 17 Jan. 5
4,900 43% Apr.
57% July 7
18,482 98% May
108 June 19
6,530
10 Jan. 5
4% Mar.
1,430 11 May
23 Jan. 5
135,924 22% May
3278 July 16
10,237 50% Jan.
77 July 16
25,215 30% Mar.
43% Jan. 28
394 15 May
21% Jan. 4
685
6 Feb.
8% Jan. 2
1,394 17% Jan.
24 Feb. 9
8,350
8
Mar.
16% July 15
12,050 25 Jan.
40 July 16
2,587 22 May
29 Jan. 2
23,708 53% Mar.
6178 Jan. 2
6,900 19% May
26% Mar. e
24,975
200: 13% Mar.
9,790j 25
Mar.
3,100
14,226
1,555
7,605
148
2,765
7,140
1,565
16
19
18% Feb.
75
Mar.
Jan.
4
35% June 21
Mar.
1
27% Apr,
3% Jan.
25 Jan.
17 May
37% May
97 May
25
31
150
38
5
Apr. 12
Mar. 8
July
Feb.
1
2
Feb. 15
July 8
79%
26% June 21
51% June 21
114% July 15
37 Jan. 181 67
335 99% Jan. 26 114
1,340;
Apr. 12
June 16
1,975
2,970
106% Jan. 19 11878 Feb. 25
30% Mar. 17 41% Apr. 24
7% Apr. 30, 14% Jan. 2
44% Mar. 24' 58% June 21
835 12 May 141 20% June 23
3,150 23% May 20| 32 June 23
14,794'
42,283;
3%
6%
1%
9
28
29%
18% 19
18
46
55
239
36
800
100
4
200
300
110
6%
6%
69
69
1
1
18
9
12,589:
9
•3%
240
6
11,326
5
16%
24% 25%
•10
and asked; no sale was made at the Board.
1,563
1,200
100
205% 206
•23
61
1886.
Highest.
18
8%
54 138
5
97% 97% •96% 98
•16% 17
Lowest
1,
197 21 May 4 27% Mar. 12
747eJune 3!lll Feb. 8
87% Jan. 18 108% Feb. 13
638 16 June 8 31% Mar. 6
108% 108% 107% 107%
915 93 May 4 109% June 18
55% 57
56% 57% 50,166 49 Feb. 23 67 Jan. 2
135%13«%
128 May 3 13778 Feb. 9
65% 67% 6678 68% 103,813 60% June 9 7578 Jan. 9
•124
3%
5%
7578
4178
115
82% 827e
97% 98%
127
3%
5%
1%
400
205
Bange since Jan.
*23% 25
•124
7%
101
70
9%
114% 113% 114%
55
54
54%
109
109% 109%
38%
9% 10%
54% 56%
30
9
21% 21%
32% 3278
145
75%
24% 24%
50
50
50% 50% 50%
114% 114% 114 114
113%
*54
57
53
53% 55
109% 109% 109 109
109
115 115% 114 114
114%
37% 33
37% 38% 38%
54% 55%
17% 17%
29% 29%
60
22% 23%
33%
'
75
41% 42%
33
120% 122
igig
74% 74%
59
2,370
3,250
28,250
861
200
•65
73
Shares.
1880.
1,
36
25 Mar.
21 136 May
143%
6,052 12% July 9; 2878
3,574
7% July 15| 18%
75,579 76% May 3 90%
2,045 80 Jan. 20 100
16,150 33% May
4578
440 32 Mar.
51
1,246 120 Jan.
129%
13^8
7% 8%
84% 857e
95% 96%
40% 42%
22
•124
8
19
are the prices bid
36
•138% 139%
32% 33
21% 21%
23% 2379
1*4
Cameron < 'oai
Maryland Coal Co
* Iliese
6%
.,
','
"." ""'
Ontario SUver Mining.. .i'""
15%
10%
33
I
'18% 19%
19
6% 6% •6% 6%
24% 24% •24
82
82% 82%
96%
19
18
18
107
107% 107% 107%
51''8 55%
56
55%
'135
136% •135
66% 64% 65% 65%
98^8
15% 16
e
Kliek River....
Virginia Midland
6%
61a
20
9%
21''8
146% 146
24
8%
105% 106% 106% 105 '8 106% 106% 10678
70
.
prei..!.'
42%
Week,
JAN.
May 11
13
May 17 145 June 18
1,9701 128% May 15 140
Jan. 5
93% 92'8 93'8!l42;,572 82% May 4! 96% Jan. 2
'122% 123%
122
127 116 May 3 125 Mar. 3
113% 113% 114%! 05,405 104% May 4 110% June 21
140% '140% 141%
695 135 Jan. 18 142% July 3
126% 126% 126%
143 120% May 14 131 Feb. 17
•11% 12%
14
30
9% Mar. 241 15% Jan. 5
•30% 31%
31
300 26% Mar. 24 35% Jan. 5
47% 46% 47% 19,888 35% Mar. 24 50% June 18
110% 110 110% 4,935 97 Mar. 24 116 June 18
55
55
56
2,350 43% Mar. 24 60 Jan. 2
32
3178 32%
4,137 2678 May 3 38% Feb. 17
127% 126 127% 189,750 115 Jan. 19 135% Feb. 13
28% 28% 28% 1,700 21% May 41 28% July 16
6
5% 5% 5,910 4% June 25 6% June 29
IS's
13% 1378 5,145 11% June 241 1478 June 29
86% 86
86
600 67% .Ian. 29 88 June 18
15%
43 15 May
25% Feb. 1
10%
550
8 Jan.
13% Apr. 19
143% 143% 142% 143% 143% 143% •142 145
107% 107%' 108 108
107% 108
106 108
63% 65
64% 65
•63% 65
•63% 65
3%
Alleg., receipts..
56
74% 74%
67
67
68%
•90% 91%
90% 92
20
20
20% 20% 21
21%
•44% 45% 45% 45% 46
46%
30% 31% 307e 3178 31% 31%
106% 106% 106% 107
107% 107%
•13
14 16
14% •14
16
55% 55% 55
55% 56
57
19
55
A Hart.
W. A Chicago
Quicksilver Mining Oo
Plttsldiig Kt.
9%
19T8
,
Manhattan lieaohCo
New York .New Haven
68%
43%
"90% 91
24%
82% 83%
84%
142
108
105
42 >4
•24
8
5478
124% 123
68
68
go'e
9%
21
30%
71%
41%
241a
pref.
.
nilniils
8
74% 74%
74
29% 30%
70
71%
41% 42%
29
1^
'124
3014
7II4
171s
70
7%
84% 85%
96%
41% 41%
49% 50
96
51
pref
AGa
10
36
13% 14
21
.
Do
Dnbnque A Sioux City
•49
124% 1-24%
9%
18
314
•33
20%
3014
100
55
10
11
36
12% 13
8
8%
83% 94%
96% 96%
40% 41%
106
18
3018
•7%
•10
•33
451a
3118
IO716 107 107
16
151a •14
55% 55%
551a
54% 55%
6i
124
gi'a
122
112
140% 139
126
126%
•11%
12
30''8
81
46
45%
109
109%
112''8
31% 31% 31%
125% 126% 125%
27
27% 28% 28% 27%
6% 5%
5% 5%
5%
13% 13% 13% 13% 13%
•84
86% *
86
86
20%
•44
45%
29% 30%
56 14
142
106
92%
123
30% 31
I2514 126''8
731a
551a
Delaware A Hudson Canal...
98^8 99% 97%
Oregon Imnrovemeut Co
19
Oregon Kailwiiy A Nav. Co... 108 108 14 107
66I4 66%
PaclncMall
64T8
Pollinan Palace Car Co
'185i« 1361a
Western Union Telegraph
6614 67%
65
Express Stocks.
Adams
49%
44%
32% 331a
21% 21%
23% 24
331a
•24
821a
12
107% 108% 109
53 14 54% 54% 54%
96i«
AO'e
Biohiuond * Diinvllle..!
149 150
148 148
Rlchm'd A West P'ntTermlnal 31% 32
31% 32
BochesterA Pittsburg
5
5
Borne Watortowai A Ogdcnsb'g •76
79
"78ii 781a
Bt. Louis A San Francisco
24^8 2478
24% 24%
Do
pref
49% 49% 49% 50
Do
let pref. 112% 112 '8 113
114
•56
Bt. Paul A Duluth
•55
57
57
Do
pref
109% 109% 109 14 109 14
St. Paul Mlnneap. A Manitoba. 115>4 1151a, II514 II514
Boatbera PaoltlcCo
381a 38 la' 371a 38
8I2
Teza* A Paclflo
10
10%
91a
Wab.
92?4
123 )*122
112%, 112%
139% 139%' 140%
126 126 n25%
•11% 13% 12
•30
•30
31
74
•66
67
•90%
92
•191a 20 13 •19%
731a
OhloBonthem
TTnioD Paolllo
*1jO>8
I
91% 92%
67
91
3114 313e
3016
1061a 106 la 106
•14
Mobile & Ohio
1513 *14
Nashv.ChattanooeaASt. Louis
551a 55 13
551a
Mew York Central A Hudson 105% 106 1051a
Mew York Ohio. & St. Louis.
8% 8'8
9
20 14 2014 20%
Do
pref
Vew York Lake Erie & West'n. 29 '8 30 14 29%
Do
7OI4
pref.
7018 70'8
Few York A New Ecgland
41 '8 42 Ss 411a
Mew York Ontario & Western. •19
19 "a •19
Mew YorkSusq. <fc Western... *6ia 6%
6%
Do
pref.
19% 19% •19 la
MorfolkA Western
141a 15
141a
Do
pref
37
37% 37»a
Morthem FaotOo
•2Kia 27
261a
Do
pref
5938 59%
581a
Ohio A Mississippi
22
22% 2118
Peoria Decatur Evaiiftville
Philadelphia A Reading
54%
381a!
Missouri Paclflo
Oregon (tTrans-fontlnental..
1
lllifl
411a
50 13
12414 124%
125
73
•66
44 >4
9%i
17
12
'122
109 Hi log's log's 109 14
5416 54 18
53
Otoyeland Col.Cln.dE Indianap.
541s
31ie 32
32!%
ODlombue HockinK V'al. iVTol. 32
Delawarel-AokiiwannafSc West 128<^ liJO"* 126<% 128%
27I4
DenverA RUiU.. a-'Scssin't i>d •26% 27>s 27
508
5ie
5%
5hi
East Tenn. Va. & (ia., ass. pa
13 14 13%
pref., Bss pd
13
Do
131a
86
EvansvlUe A Torre Haute...
Fort Worth A DenverCity....
10<4 1014
Green Bay Wluona & St. PaoL
HoastOD & Texas Central..
139% 139%
nUnols Ceutral
ladlana BlooiulnKt'n & West'n
13% 14
12% 14
938
Lake Erie <J2 Western
9
9
9
Lake Shore & Mich. Boutbem. 84% 851a 84% 85%
BO
68%
43
17
-10
10
11%
143
133% 134% 134% 134% 134% 135%' 135% 135%
I6V1
91% 92%
93ie!
pref.
Chloaco BU Paul Minn.
•15
•10
eSIi
48
54
43
Friday,
July 16.
68
68% 68
42% 43% 43%
54% 56
55%
•41% 42% 42%
42
*8
9% •8
9
8%
*18% 17
15% 15% '15%
4314'
10
142% 142% 144% 144% 143
123 >4 123 14 *1'22
11-2% 113^; 111%
CUcairo&Nortliwestem
pret. 140>3 14G% 140
1)0
Obloagn Rook Island A Paoitto. 125>a 125% •1251a
12>4
OhloagoSt. Louis A Plttsbare.
Do
•8%
Bales
of the
WeOnesday, Thursday,
July 14.
July 15.
Tuesday,
July 18.
Monday,
Batorday.
July 10.
/
[Vol. XLIIL
146
7
27
9
146
7%
29
9
120% 120%
28
18%
•10
28
19
13
43% 43%
13
1,140
700
215
200
300
78
T22
550
3,500
865
110
«'20
3,460
50
260
870
141
June
1
150
101% Jan. 28 110
51
119
May 15 66
Mar. 26 130
Feb. 12
June 9
Feb. 28
June 22
May 4 9% Jan. 5
Apr. 19
3% Jan. 7
Apr. a 101 Jan. 29
55 July 10 75 Jan. 7
11 Feb. 13 16% July 7
2% June 10 4% June 11
5 July 2
7% June 10
60% Apr. 30 70% June 29
% June 30 6% Jan. 2
2 May 6 11% Jan. 2
213% Mar. 31 240 June 30
93 Jan. 13 100% Feb. 26
5% Apr. 10 8 July 9
15% July 12 21% Mar. 6
204% Jan. 18 211 Mar. 3
141 Jau. 2 150 Mar. 6
4% June 2 8 Jan. 6
20 May 17 29 July 16
May 3 10% July 2
2
120% July 13 125 Jime 10
15 Mar. 25 30 Apr. 19
9 Jan. 13 21 June 1
978 Apr. 20 16% Feb. 16
29 Apr. 1 30 June 23
38 Mar. 25 50 Mar. 1
7
2%
96
July
THE CHRONICLE.
17, 188«.]
69
JULY
qUOTATIONS OF STATE AM) RAILROAD BONDS.
STATE BONDS.
aXCURITIKS.
BKODBITIKS.
A^teM-ClaM
103%.....
109 >
102 V-.105 >.....
A, 1906.
OUm»B,»*, IMW
0UmC.4«.1WM
io-kmTimo
ArkkDM*— M, tiiBdad
••,
* n.
M
I«alaUa»-7i. enu.,1914
BtHkp-AAa.
*
6*.lou,18S3
10
noa-raadable, 1888
rows oooaol'D 6a, 18.
Doaaofr-aa, old,188S.8
•LllMil.lS9S
B«>rf !»-«•, use
7aM»it»»
T1.I8M
1t.nU.iSic
33, 1868
Aet Mar.
««.ot<i.j.aj
etri900
»-6Ba, 19*4
,
RaKlatared
>m»dlBg6a, 189
61
71
7Wi
•45
•46
90
'321,
•05
10
6a,deierr«d
Dlatrict o( ColnmbUk—
saw. iaw.»1900...l
•*.
....
ea, BOW. 1866
6a, OOD iol. bonda
6a, eX' uatorod ooapon.
6a, oo aol., 3d Mrlea
abOroUna—
~.
aaw aarlaa, 19U
VtTslnl»-6a. old
Oonml.4t, 1910
«•• 1919
'" :o—«», 188«
So,lou,lWl
!
6a,
0'mp1iilae,S-«.6-ea,1918
WILCABa.R.
Do
Bid.
Tauieaeea—Contlnaed—
Hew bond*. J.AJ., '9S.8
Bpoolal tax, kll clu»M.
77
rnaillBC. 1894-9S
8t. Jo. 'M.
Hannlli*!
How York-S«, nt., 1887
T*.L.R.F.B.«N.O.KB
T*. M IM. O. * R. R. BR. •17
•a
r*. AfkaaaMCaat. BB.
BKCUBITIEB.
H. Caraliiuk—Conttaned—
A«rl*B or UnlT.. daa 'i'
•»
RR
aBCDRITIXS.
'
'87 «i
lUMOart-«% 188a
•17
•17
•17
8. IM.
Ti. L. Rock
amp.* L.Baek
Tt,
BIO.
16, 18S6.
^...
'io'i
1191a
ll9>a
llav:
RAILROAD BONDS.
BBCDBrnxa.
BUL
BECURITIXB.
SBCDRrrcBs.
D«LABaiLCaiial-la(,7»'
BAllrM4 BoBte.
US
la«,ast..7a.l891
Caaaoa.
7a,
1804
.7a.lli
laCKUr.,ep-.'
lat.7'<
aS. a Boaq—la
•.7a,19tMi
la^ea— .,<a»r.'
MS
tumiMn A8a«.
A 8a«.—6a,r
lot, 6a. Park. Br., 1919.
la,(Old.l»Sa
Bar. C. Rw.A !f
a—la^
'4
—
^
tBlaaW(
via^ AMara.— Ut,ea
LaBdgTaBt,3>aa, B. A..
,
i
35
Alp.-lat.«a 1U3
AO.-lal.7a.l900{ :-ii
IDaCBajCA
0|B.a«.-laLtat.su>'-.>o 106^
Wa ^;
taS^aw>^'iaL7V'M« 100
B.T.VA
la^ eaaA, fa, Traai r«e
IMvMaSl9a,.lM0
•"•». AW,
11*
771^
98%
'
1*9
„Bli.7a,19*e 140 :141
I
S£2^»ij
lOlH
7*. 1807.
I>iT.,6a.
•
r<i
>6a.I89«.
118
-Raf.. Ba...
llZSi
"'
•"- •-
.
..
'„„
A
T,
A
I9.M.
tat, ».6a,
Wla.A Mui-inT.^.
prvf
OaL A LakeCh.-lat,6a
Oba A Miaa.-CoBa. a.L7a
laftiaiB
>
Imp. Co. — Ut,
t.>icoa
.7
1909
BaKAXrIa-Naw Ma.7*
KBI.AW. PtmoB-lat
'nnanl
.'.a
I
99
Trnat Co. r«calpta .
Chlo. I>lT.-6a. 1910
89
109V
90
lOtfV
op.
iF.AB4.P.-l
lat.7a:-*7
.
OX.C.AlB4-»-Iat.?.
-latcaSa
.AX.-Coaa.7t798 130 v; 131
I orjllaa
1
'
I
L.AP.-l.«,r..
Bf^ -7a. 1907
H.O.AMab-lat,6a,1930 ioivibs'
88
90
34,6a.*»*0
B.H.Air.-iaL6a,1919 IISV
aaaetaLOL itSo
'
i
rinianiiliDtr—6M930
M.L.tHT.-la«.6a.l921
9J, So, 1980
Baal>T.AIi«!.-lat,7a
86
_
'
r.C!.AL.-6^l«31|
;
tpa^.::i
103
85
'•.1919
;<.l9it>|
ill>3V
I
H«V
96
84
'l02
..IHl!'
114^
106
ad,7a,1801
81 iIah.>.-3d, 6^ CL
.
6a llii««l'
1(<06
B-
Mioe
C.
1
7a,1900.ra«
W.ToloictBph.- 7a. 1 904
MaLDn.1VL-8.td.ea,1911
N
B.T.V.AOa.~Inc.,Tr. roc.
t
i,
S9
Ind.BI.AW.—Con., Incda '33 V 34
Ind'aDe&A Spr'd- 2d,lnc.
34"
Trnat Co. recelpU
100
Leh. A WUkeab. Coal-'88
36
Lake B A W.— Inc., 7a,'»0
Baad'kr DIr.— Ino.,ie30
i
.Ia4.aaa.,nar.. 7>
..^T.L«Bk.AW.-l-
Bla a.,
:«t,7»,llill.,
130
130
Do
Mifld.
4a
I
8«V< 37^1
Oea. mort.
Ka prn ti Friday; tbaaa Bfa lalaat qootaUoaa laada tliU waak.
..
ex
A
A OK.
tor.
ep.
6a
.
•30
ad, prof., debentorea. . .
8d,pref.,debentiirea
tUi, prof., debenturea.
86
.
N. Y. LakeE. A W.- 1 iir..8a
Ohio Ho.—3d, Inc. i)a, 1 0'2
PeorlaD.A ET.— Inc., 11)20
KTanaT.niT.- Inc., 1930
Koch.*l'ltlHli.-lM<'..l»'^l
Rome W. Ok.— Inc., 78.
HoCar.nv '• '- 1931
Ht.I,.A.*
.la..
sLJo. ,t
ino.
4
33 V
66
40V
41
I
I
Fr.
iCInAKp.-
Coapona oK,
70"
loo'
37V
40
68
U7
67Vi
57
Ut.ir,. I.. M. ,tM.K.7a.. 130
'IS.] Moiith'M.Int mia.n^.np
95
43v'
t
so
30
80
70
94
I
lM.i'.r.,« I.,7a
110
83 V
37
•16
'
90
89
oo
6a, Anit. op.
Lj«.Bl.Allnn.~Tnc..7a,'B9
MIL L. Bb. AW.— Incomes 105
Mob.A O.— 1 aLprf.,<leben. 63
I
'
aav
*4V
Or.BaTW.AHLP.-2d.liic.
,
Pac- lat,6a,1906
99
I'do"
Incaate Bobob.
payahUi/ tamtdj
A Pao.— Inc., 1910... 33
Cble. A E. III.— Income .. 100
logv i:o
1U31
nf Mo-l>t.l)»I .lnH-4l04
103 V
.t H.-ULOa.K
105
.^..k V.B.Ba.~UL6«
CooaoL.Sa, 190S<.
laeoiue A Id. rr.—
81
98
130
130
loa
8*
•99
AtJ.
,i)«,
Tax.A
'87V
99
(Itlttrrtt
'il'7V
A O.
niv
80. P1tta.-lsL 6a, 1903.
7..1895..
I
.
CoLC.A Ir.Co.— Ut,oon.6a
ToBB.CoalA Ir— C'ona.,tJa
IIIV
116
117
100
-84
WaaLnB-ToL- 78, 1900
139
A
V4
W.8LllAP.-IowadlT.,6a
Trnat Co. RecelpU
lUV mv
106V
.
107
94
Weat Bboro- 1 aL 8aar..4a 103V 108
I(o.R'war K'aL)— laLBa 115
111 lis
8a>. Pac. of ('al.-lat, 6a.
Ba. Pac of Alia.— lai 6a 109 >4
BaPacot .N. Max.-lat,aa 103 •<
UalOB Pacldo— lat,0a.. IISV 116
lABd KtmaU.1t, «7.89 104V
MalriM7(Baa,8a,-93..
taaa. 8
190V 131
Baa., A, 1898..
118V 130
OalWanlTma
lTraat,6a
is'
Do
5a, 1907
Kaaa. Pas.— lat, ea,-95
lat, 6a. 1806
113V
11»^
117
l)aaT.DlT.6a.aaa.'99
109
lat,eoaaoL,6a,1919.
aBr.U.P.-P.e.,7a,'95 ioiv
At.a A P.— 1 a«,6a. 1906 106
AlJ.Co.AW.— lat, 6* 104V
Orag. Bkort 1,.— lat, 6a 107V 107V
OL Bo.—Oob., 7a, 1 009 85 M6V
70
Xxt«ii.,lat.7a.l909
78V
Ma. Pao.— lat. ooaa., 6a
^7a,.1906..
of Ma-la«,6a..
.
B.AN.Ala.—n.f.ilikl»lU
~
B., 6a. 1*104
6a. •104V
'8.S.
97%
92 V
113
101
iH
•7«
77
Clar'daBr.-6a,1019
8LChaa.Bfre.-lst,6a •98
No. Mlaaonn -laL 7a 118
U'n-l9l,0» 113
PiK'.-Baiida.da..
90
73%
ai"
lad'poUa DIr.-ea, 1931.
Detroit DIT.-60, 1931
Cairo DlT.-«a, 1931...
Wabaab— Mori..7a,1909
Tol.A W.-ULaxL,7a
Ut, ML I., nir., 7a, •89.
3d,ext.,7a, 189S
91
10*
6a.
djrnut boada.
111
ef*
88V 89
Hat. DlT.-6a, 1910
!('>.'>
CaLAOr.
WaaL
LtAl907.
kMAfL-U«.6«
1
Wab.RL L. A Pae.-aoii.,6a
iS!'
114 116
•u joaqolB Br.—6a.. 113
UaL A OiairoD-lat, 6a 104 V ids'
127V
131
123
—
CoeaoL oobt., 7s, 1 1107
OL Weat'B— laL7a,-88
3d.7a,1893
aAToL— 1 at, 7a. 1890
Ban. A Naplea-laL7a
III.AHa.la.— UL»i.,6a
8LI..K.r.4N.-K.e.7a
Oniaba OIt.— laL 7a.
118 V
lis
135
.eeap., lat. 7«
.la*., lat.7a.
P.AM.— la«6«
lateonaol.. 6a,ep., 1933
;0V 119V
D«CM.AT.-la(.7a,190«
-Mr. koBd*
104V
8LP.Mlaa.A MaD.-laL7a '113
130
3d. aa, 1909...^
130
Dakota KxL-A, 1910
iVs'v
AA..Ta
107
B^IST.ACSar.— laL6a, S3 107 V lis
Dabaatare. 7a. 1X87. ...I
t
MMm A MMLBa.-
IISV
Ill.-lat, 8a '116
Bqalp'tbda.. 7a.
^ai,aa,lftsa
OMiaiAJI.IU.-ULa t
_OtiaaL. lat, 6«. It«
7a.
p.ABar— l«t.7«
Ctarta. P.
1
ad. 7a, 1897
-Oold. aa
Laka
104
loev 109
116
'116V
Arkaaiaa 81*011— laL 7a 113
llOV
Cairo A Faltoa— UL 7s,
Cairo Ark. A T.— lat. 7a il4V
Oaa. r** A Lkt.—«a,1931
BLUAItoa A T. R.-laL7a iis
A
m. U A Iroa ML-laL 7a '116V
t«raRiLANav.-Ut.ila.
1114
Wkl.-lal.6a,
.-._ Mr.,
,
-li.
eL7a,1914..
L«Bk.tt,7*.i«><
•60
99V
9*.»Aa,190*
tliilira mv.-Oa, 19*1
-
•123
1899.." 1*0
OoBMlldalad 7% 18
Iat,faaaral,«a, 1933...
io80.-Ut,6«. IIUI ...
ir'nA<°al.-Ul.lV.I93I
tTT»n«c'l.-«a,>J.H«ai
C— ?d I>lT.,7i
Mlno.- III. 7.
IB4.BLAW.-Ut.
llartk.IIL-lat 5a.
[
118
1937
6a,
laooaieo, 1900
SeiotaVal.— lat,oona.,7a.
BtJa O-d lal-d.— lat, 6a
7a.l911
<rf.
!
Tanalaalfta,19U
Van* A <M. 5a, Aaa
RlTar-l8iaa,191*3
lup. A KzL-«a, 1934
AiUaataiL M.-Ta, I9»
.
•oL, 7a, 1807.
•
ca<tr.
Ma-Ar
,
i
t^LaC'.AbaT
_lan
iw
.71
...
•
.MlBa.I>lr..«hl9IO
B A P., 7«. IKin
*•<-
Tf A W.-<laa., 8a,I931
BlAW.Tax.-l>t,Tr
a.— lata. 4a, 111.1 1.. 107 110
100>> 101
:<"— 1961
..I
..'
M.. 7«, IIKT.)
.7a, 190*.
>al,7a,I.Ab. Bzi
W.
X.0.AWo.E.-Pr.L,».6a,
...
.
<><<aLOa.t»*l.
A
B.
RtT^VaL^lat. 6a|
5a.PBe.tar.Ce.-laVJr>6a|
._.O.Pae.—
.O.Pae.-lat,6a4r.
Iat,6a4r,l93u«l
mT.,7al..
WaaaA X&.7af
.
A DaoT.—Coiiii_K.,6a iiev
117V
lt3V
m
ld.Md!.'6ar
"^.-*2i.^JC:?brl
-lal,6«.r
»>C.U,7a)|
•CVBtata
189«
D.. I*0«
LAClNT..7a.tx9*..
I.AM..
.
I.Oi.1911
O.
I.AD..7a,18eO
Oakaatara, 6a, 1897) .
lUdlaadot i«J.-Ut,6a
'.Y..<«.B.AH.-Iat,rK..ta
11*
MIL A SC P.—
u^ laoa
C.
^
aP*L-7lbl909|
lai. Ha, P.
M, 7 a-lOa, P.
,a^7a,,^r
.-.._.
^7S,inf7zr.
v.Oa«.AW.-lat.C..6a.
76
133
Mln'a tTn.-Ut,Ba,1933 116
8LP. A nul.— lai ta,1931 109
loev ioav Be. Car. B>-lat, 6a, 19*0 110
81
9d. 60.1931
70
Bbaaaad'bV lat.7a,1909
ioev 1U7V OaaoTBl. 6a, 1931
•31V
BadaaB^A 8a-lat,Sa, a. '78
ii7
V
Tez.Cea.-laLa.f.,7a,19de
78 V
101
lat, 7a, 1911
B7V
ToLAO.C.-lat,|r..Sa,1936
JSJ^jlOJ
106Vi'l06V Tol. P. A W.-liS, 7a, 1917
"' •7
ido'v
esv
"
Trnat Co. toeeipta
108
114
Tola. A.A O.T.-IaLea,j
11»V
Tax. A li. 0.-lat,7a,l9i^
109 119
Bablne I>lT.-lat,ea.l913
93
98
Va. Mld.-M. IDO., 6a,1937
99
68
5.Y.8aa« AW.-lat,aat
i'07V
...
AlLACb.— lat,pr.,7a,'97
BaUeT.A 8a
96V
.(XABtU-iatealMi
m*
9d. prat.. 7a. 1894....
9d.loeoBia,7a, 1894
61
^Afl•.P.-la(,6K
AaLl>^kAlBia^-ta4l
Oftla.
»v
riiMOaLraeatpu
ii,«%i*ai
•»
74V
118
'
«4.7a,lt06
~aa*.IMT.-la«,»a
Jaai,lM«
4a. itoar.
AB.^c|-d-lit,7a. 139
'
St. A T. H.-lat,aaBa-*!l
PrtA p. Marq.-X.ilL|M0
Pt.W.A l>aa.C.-laLta...
OaL Bar. A a.Aal.-aal,6a
Xxt.*OaL^•^l**4...
Vaok. A Daa M.-I«t.s.
.a(N.J^laL7a.-9<i
LTAitaai
7%1*0>...
—
La.AT.— lal,lla lis'
Y.aAX.-a«a..6ail910
TroatCo. raeaipta
Kraaa. A ladpa. -lat aaaa
.^^
?»•»
nala4a,t9*l
t#.A<*alro
Coaaol., lat, 6a,
Dabantnre
138
. jr.OlA BT.-lal. op., 7a
Dak..Sa,1904........^ iio'v
AVla»— lal, 7a, eeap. 1S6 138
1*6
W.Y. B«a».-l.t, 7a, 19M
!».y.P A 0.-Pr.l>B.6a.-96
WtA«.W.XlLl
•teklMfaad.4a,l.._
A Y.— lat, 6a.
Rleli.AAJIe«.-l^ 7a,19a0
Bleb.
1*7 isav
19)8
aah.Clia«.A8«.U— lat,7a
*d, 6a, 1901
HIY. Oaatl^r-Aa, 1887
10>H
M
IA.D|T.-«.M..._
MoK.
Tnut Co. reooipta
ALaanA,ax«iL9a..
LaaaOaak
OmatLi
r«
O.B.I.Ar.-«f,(«..1917.
80
HTA0UvMa-lat,7a,-90 110
bUa A Ohia-ltaw da. 114V
> nat «raHra««.6a,180»
•t. Bstaaataa. 6a. 19*7 IMV
Tiiaa'a
B.W.r.Al
II.Y.UB.AW.-
[>MnrnT.-4a, IMS.
81V 81V
116^ 1I6V
..t, 7a.
^saii:'>&^'**
UlaA.S^Bi'a*
Pttla.
1931
.-«
190
1*0
118
9d^jniar.,78.1898...
Ptao (71 R'7-6a of 1933
A ToL—1 aLea 110
Pas.
t
lOOV
l «>.aaaa
108
"...
1898
9d. 7a,
Pttls.CIOTe.
IBmIm
30^
in
iso"
8L L. V. AT.R.— lat,K..7a 110
133V
Ooaa., 7a,
Oaaa, 94, iaeoB*, 191 1
i.«x.A
iti
A
P.—OoBa.atd.,7>
4tti,a.t,6a,189-J
der.
119
13«
103
OaBaial,Ia.l9ao..
85
105
fia. II
(oM. a«taa A.. 19W. 10«',
73
|a.«aM.aa>4aaB..I9Mt
6a.
FLW.* C—
Vlliw^ExU-la«,7a,1910
KxL— lat,l
107 V
107
Irap. A Bgnip.—6a,19*3
BaawW.A Oir.-UL7a.-91 iio"
Mlnn.A .VW.— lat.«a,8M. 101 103
Ooa_ Ut, ezL, 6a. 1933. 101 103
Mo. K.A T.-OaaLjIajBao 9S% 95V Baoh.APltt.— IaL6a.l931 115
iio'
•»3
119
iso
M.7a,I8ei
80
Pa. ;o.'a4Va,re«c..l9^1.
117V 118V
DiT.-lai.6a,193a
IIiaa.Aet.L.— laL7a,19a7
Iwnt Kxt.-Iatj7a, 1909
Mi
lat,6a(
Pb.< o.'Biroar.4Va.lat,ep
Pli 9.C.A8LL.-lat,o..7a
PI' «.
lat,7a lis'
'139
CI, 7a, 1913
:<.l, 7a, 1913,
lOS
ii8'
AaU'd
lllSllS
0o.raealpU
8i«
„„._ 75
^a,Pk.A Pae.— ln.7>
iiis4
iTsfs IMl
B«£ll. r.AP. a«Mral,6a.l9M
CearraMT, 1918.
l(on«MOa.I911....
CkM.a2IIw.-M.. S.«a.
'121
c«aaaL.7a.l910....l
pmaalAeoLtr..5a.lW4
fIm.AIH.L.-lat^ajra
M. DtT.-laCia.19I9
DlT,la«,6a,l919^
Chm.* O-Par. wtmM.'M
ABiaar.-latJ7a..|
V
100
141
Bid.
Pena^tiTBBiB
1
A
.Mllw.
M.W.W ..uk—
.\-o.-l«t.0ari9
lat,b«
la«,6a, lg»4.1913
MilL8.AW.— lat,6a,19*l
Mleb. DIr.— l«t.8a. 1934
.
1at.ciMa<a«r.6a,1906
RaaAABar.— lat,eB.,7».
B:-;cuRmEa
RR
Bid.
Mleh.Caat-Coaa.7a,1903 129^ 131
5a, 190*.
1009
oap. Ba,I981
89
THE CHRONICLK
70
Qaotations in Boston, Pliiladelplila and Baltimore.
Local Secnrlties.
New York
laanraace Stock Llat.
BwikSUMk UM.
Pu. BUL
not Nationu.
PBIOB.
OOMPAiriXB.
Aak.
Osntral
Otiiao
Chatham
Ohamloal
OlttMU'
City
C3omniero«
Continental
Com Exchange*
Kast River
Blaventh Ward*
ruth Avenae*..
Fine
Voarlh.,..
JTotton
Oallatln
Oarfleld
German American*.
Bermania*
ereenwlch*
Haaorer
Imp.
A
Tradera'...
IrnnK
Ijeather Manal'n'..
Manhattan*...
Market
Haaaan*
Uew York
Hew York Coanry .
g. Y. Nat.Bich....
lath
SatVti America*
116>s
Brooklyn
17
ISO
Oltliens'
ltl6
S200
City
Clinton
120
Commercial ....
276
Continental
170
EaKle
117
186
12*
100
500
1U60
185
132
116
60 200
100 150
75 107
100 200
26
100 1<6
100 290
60 ISO
100 ;iK)
60 160
100 152
35 ieo>al65
25 120
100 127
60 130
60 lOii
tfl\
100 BO
60 130
100 180
100 180
100 118
100 120
•rthRtrer*
Orieotal*
I*oaio*
tfmk.
Paopla'e*
70
80
26
60
100
-
*t
125
180
160
156
26
20
100
Bepnblio
100
BtNtchoIaa*
100
Beventh Ward
100
Baoond
100
hoaA leather
Bute of NaT York' 100
100
Thlrt
40
Tradaamen'a
100
Halted Btatea
106
23
Phenlx
105
^30
13(1
ISO
Atch.
Bid.
Ask.
1S6
160
97
150
177
190
120
118
125
35
221
245
..
20
70
100
60
100
40
100
30
50
...
Empire City
Exchange
Farragut
Firemen's
17
(German- Amarloan
Oermanla
100
60
60
36
100
16
50
100
Olobe
Greenwich
Onardlan
Hamilton
Hanover
-..- ....
Home
Howard
40
•
90
145
170
176
110
112
117
30
210
235
86
96
118
85
240
130
110
200
70
110
127
138
70
118
210
87
85
A
Topeka— 1st, 7a. 127
30
20
30
Long Isl'd (B'klyn) 60
Mannfac. 4 Build.. 100
Mech. <fc Traders' .. 25
Mechanics' (Bklyn) 60
60
Mercantile
50
Merchants'
50
Montaak (Bklyn.)
60
Nassau (Bklyn.) .
37 >s
National
36
N. Y. Equitable
lUO
N. Y. Fire....
50
Niagara
26
North River
25
Pacific
100
Park
20
Peter Cooper
60
People's
50
Phenlx
25
Rutger's
60
Standard
100
Star
100
Sterling
25
Stuyvesant
25
United States
10
Westchester
WUUamabarg City 60
----
Jefferson
Kings C'nty (Bkn.).
Knickerbocker
80
63
110
90
140
87
166
75
150
100
160
100
160
100
140
K. C. Fort Scott A G.—78
80.— 6s..
K. City Lawr.
K. City 8t, Jo. A C. B.— 7s
Mem.— 68
K. City Sp'd
K.C. Clint. AHpringf.— Ss
Little B. A Ft. S.—7s
A Ont.-1925,
Mexican Central— 48
Mar. H.
Brooklvn Ova-Light,
Bonds
OoasoUdated Gas
.
26
20
100
20
1,000
.
Katoal (N. Y.)
Baads
Vaasaa (Bklyn.)
100
25
—
Var's
Bands
1,000
Var's
10
93
165
85
160
105
166
103
1S8
105
145
135
104
80
60
113
140
130
246
1,000
.
100
onolltan (Bklyn.)..
Moalclpal— Bonils
1,000
VaUoBMwuolpal
100
aaiti
aitablr...
"ibo
l.OOO
Boni
Bid.
M.^y 5,'8611l3
Juyl, '86 72
3
104
5
l<alju'el5.'86 82
2 "a May 1,'86 160
5
3
1902
.
400,0001 M,<feN, 3>alMay l,'86il02
130,0001 A.«0. 3 jApi. 1.'86 100
Apr,20,'86 133
1,000,000 Qnar.
112
190(>
1,000,000 A.«0.
July 1,'80 86
1,000,000
1888
105
750,000 M.&N".
Julyl5,'86 161
3,000,000
1900
105
300,000 jVi'j".
Apr. 1, '86 115
2,000,000
1899
110
1,000.000
Ask.
114
75
107
83
155
117
110
105
lat mort
Br-dway * 7th Av.—8fk.
let mort
100
1,000
900,000 J.
700,000 J.
J.
J,
AD.
A J.
B*way Hnrface bds.guar. 1,000 1,500,000 J. A J.
Boadagnar
1,000 1,IKR',0001j. A J.
Brooklyn Clly—Stock.
10 2,000,000 Q.— F,
1st mort
1,000
Bklyn, Crosstown—Stock
1st mort, bonds
Boshw'kA V. Bkin)—St'k
(
Oantral Crosstown—Stk.
lat mort
,
Oant.Pk.N,A R,HlT.-8tk
100
1,000
100
100
1,000
100
Oonsol, niort. bonds
1,000
Ohrlst'ph rAlOth St—Stk
100
Bonds
1,000
]>trDk.K,B.*
Bafy—Stk
100
600 Ac.
100
100
Scrip
100
•Id A Ur'nd St.F'r7—Stk
100
lat mort., consol..
8«np
Blghth At.—Stock.
lat mort
dSdSt. Manh.A 8t.NATe
lat mort
1,000
100
1,000
34 mort., income
1,000
Eonat,W.st.AP.F'y-Stt
100
1st mort
600
ninth Ave
100
Bacond At.—stock.
100
1st mort
1,000
Consol
Sixth At Stock..
lat mort.
Third At.—Stock..
1,000
28
114
186
103
100
1
'
170
106
150
105
500,000 Q.—
140
600,000 a-J. l>4L;uly,188S 160
NOT..1922 115
350,000 M.AN. 6
1,800,000
I'a July, 1886
1,200,000 J. AD. 7 pec..lH02 120
660,000 Q.— F, I'i'Mav, 1886 ISO
Oct.. 1898 110
260,000 A.AO. 7
May, 1886
1,200,000 Q.— P. 2
900,000 J. AD, 7 June, '93 lis"
Fob.. 1914 106
1,300,000 r.AA. 6
1,000,000 a.-j. 2
July, 1888 200
1,000,000
Feb., 1914 107
A.
Aug., 1886 220
748,000 a.-F.
AprU. '113 112
236,000 A.AO.
2,600,000
88
1,200,000 m'.a's,
1910
109
1,600.000 J. A J.
1916
65
._
250,000 (J.-F.
Feb.. 1886! 125
500,000 J. A J
1894
1113
800,000 Oct.
120
July, 1886
1,862,000 J. A J
40O,0OOIM.AN,
1910
106
1,060.000 M. AN
May. '88:105
A I.
200,000 A. A O.
400,000ij. A J.
800,000, J,
FA
,
I
100 1,600,000 K,
1,000
600,000 J.
100 3,ooo,oom
AA
A J.
a— F.
1,000 2,000,000 J. A J.
Iwanty-thlrd St.—Stock.
100
600,000! Q.—F.
lat mort
1,000
260,000 k. AN.
Bonds......
Jnly,1886
Jnly,1900
Jan., 1886
June.1901
1914
1924
1906
^Tay, 1 886
Jan., 1902
Apr., 1880
Jan., 1888
May, 1886
,
* This Mlaa>B sDowa last dlTldoad on
.(<Kk«,
bat data
July,
July,
Feb.;
'8K'2<)9
901110
861
Jan.,
90
May,
May,
'88
111
'86l240
112
88, cp.,
122
1900-04
Bound Br.— l8t,78 133
A
1888 104
1920 115
BLAWm8p't^l8t,68, 1910 118
110
6s, perpetual
Harrlsb'g-lst, 68,1883-. 108 13
Bast Penn. -1 st,
78,
EastonAAmb'y— 68,
119
H.AB.T.— l8t,78,g.,1890 lis
127 "4
IthacaAAth.— l8t, gld.,7B
117
98
123-a 125
142 la 14313
I,eh.V.— l8t,68,C.AB.,'98
99
37
68.
97 14
Cons. 58, 1895
108
36»,
2d, 78, reg., 1910....
"
STOCKS
88
195
127
199
193
129
—
Cheshire, preterrert
A
A
lstmoit.,4ia9, cp..l910
Tag; ^893 116V
2d, 7s, coup.
Cons., 7s, reg., i»ll .... iVil
128
Cons., 7s, coup., 1911 ..
ConB.,6s,g., I.R.C.1911
107"'
ib'5"
1897
coup.,
Imp., 63, g.,
OS's 991*
Gen., 6s, g., coup., 1908
9"»4 981a
Gen., 78, coup., 1908. - -
A
I
20 >>
101
Easfn
Chic.
North'n
Chle. Burl.
West Michigan.
Chic.
Cleve.
Clnn. Sandusky
Gen., 6s, scrip. K-cp. 80
Perk., scrip,63,g.,cp.,'e5
income, 78, coup., .896
Conv. Adj. Scrip, '85-89
Cons. 687lst 8er.,o.,1922
89
A
76",
49
A
1434
151a
Cons. 68, 2d 8er.,o.,1933
Debenture coup., 18931
Conv., 7s, B.C., 1893..*
Conv. 7a, op.off, Jan., 85
Deferred incoraos, cp...
•
Connecticut River.
Conn. A Passtunpslo
Det. Lansing
95
No., prel, 5100
76
A
Eastern
---Fltohburg .... Flint A Pere Marquette.
Preferred
XiVU"
Iowa Palls A Sioux CIW
A
Kan.C.CUn.
1851
n84
.-...
Phll.Wil.ABall.—48,tr.ct
Pitts, cm. ASt.L.— 7s....
B.— 78,op.
Pitts. Titus.
A
1
Sprjiffd
K.aii.CltyFt. S. AGuIf..
Preferred. ..... - - • -v; • •• •
Mem.
Kan. C. Springf.
Little Rock A Ft. Snuth.
M alne Centi;al . -----•-
Preferred
i....
—
A
Ogdeusb. A
129»4
Worcester...
Champlaln
Rutland
Preferred
^
SlHi
'"19 la
Preferred
Cons., 7s, reg., 1911 ....
BONDS.
7
Del.-l8t,6a,1886
3219 Ches.
91a Lehigh Nav.-6s,reg.,'84.
6»4
Wisconsin Central
28
—
170
O 111 colony
Portland saco A Portsm.
Ports. Gt. FaUs A Con y.
Summit Branch...
70
Cons.6s,lfl09-— ,....-W.JerseyAAtl.— l8t,88,C.
Western Penn.— 68, coup.
6s, P. B., 1896 .---•Gen., 78, coup., 1901
m"
";"•
L.
l8t,78,1899
jl26
•••
.-
CANAL
A
tlOTt.
i
Worcester Nash'aA Koch ^fsa
30
118
200
106
103
100
100
185
110
leo
112
loO
166
120
185
125
132
116
180
116
107
225
110
240
117
40
112
62
1.S6
116
ISO
200
108
220
115
300
113
255
114
matnnty «t 6and.8.
rIilroad srooKs.
Bullalo N.Y. A PhU
.Preferred
Camden A AtlanUo.
Preferred
Catawissa— Ist preferred
2rt preterred ............
Delaware A Bound Brook
East Pennsylvania.......
Elmlra A WlUiamsport..
Preterred
Hnntiug'l'n
Preferred
3
42
58
45
39 H
a
518
Haven...
......
Philadelphia A Erie...
Phlla. Oer. A Norristown
150
60
lOia
Lehigh Navigation......
Schuylkill Nav., pret^ .
112»4
'68"
---
60
6
50
Central Ohio—Com
Pref
.••VA
11
2dpr6f
Parkersbnrg Br
—
BONDS.
50
72
162
64
60
121a
124 19
124
Atlanta A Charl.- Ist...
105
1061a
Inc
Haltlmore A Ohio— la... 106 la
56 >4 Cen. Ohio.— 6b, l8t,M.A8. 109 V
Charl. Col. A Aug.— Ist.. 1141a 116
112
2d
,
SO
Cin. Wash. A Bait.— Ists. 1041a 105
70
701a
2d8
40
40 la
54 Is
3d8
30
Ist Inc., 58, 1931
ColumblaA Greeuv.— Ists 11314 113=*
100 14 lOlHj
2ds
---J
112
I2I4 No. Central— 4 las, J. A J
124
66
68,1900, A.AO
6s, gold, 1900, J. A J.... 1211a
6OI4
55i«
77
53 \
28
Hi
68, Series A
58, Seiies B
Pltt8b.*Con'ell8.— 7sJAJ
5OI4 Union KR.— Ist, gua.J AJ
60
Canton endorsed
RAILllOAD BONDS.
Virginia
8s
AJlegh, Val.—7 310b, '88 120
Inc. 78, end., coup., '84
Bait. <t O.K. Blile-CertsBelvld'e Del.— lst,6B,1902
3d, 68, 1887
Bell's Gap-lst, 78. 18931st, 6s, 1905
t
18
lllia lli»4
119
s
lOlia
Per share.
A Tenn.— 68
W.Md.— 68,
116
E.ext.,1910
•Bx-diTldend.
III8
126
116
109
107
111
93
160
132
123
lat pref
RAILROAD
,
106
25
A
CANAL BTOCKR.
78,
1041a
..
BALTIMORE,,,
RAtLB'U STOCKS.tPar
Atlanta A Charlotte
100
Baltimore A Ohio
Western Maryland
121
N.Y..
Phila.
12ii
Phila. A ueMltng...
63
Phlla. Wilm. A Bait
220
Companies..
United N. J.
West Jersey..-.--... ---• 68
West Jersey A Atlantic
Newtown
Is
5534
.-
Nesquehonlng Valley.,
Northern Central-.
North Peimsylvanla...
Poimsylvanla
88
118
129
87
1910..
1897
Nav.—l8t,6s,rg.
2d, 68, reg., 1907...
3
47
42
62
89%
661s
Little Schuylkill
A sch.
reg.,
Pennsylv.— 88, cp.,
A Broad Top
Preferred
RR.,
Schuylk.
Lehigh VaUey...
Mlnehill
31
103
il24
32
121
Warren A F.— Ist, 7 s, '86
West ci-ester— Cons. 78.. 113
W. Jersev- iBt, 6s. cp.,'96 115
41»4l
Preterred
Norwich
61
31^
25
27
Consul., «8, 1905.... -.
391a Union A Titusv.— Ist, 7s
United N. J.— Cons.0s,'94
Cons. 68, gold, 1901-.
Cons. 68, gold, 1808-Gen., 48, sold, 192i .
61a
Lowell......
A New England
Northern
58»4
301a
1J5
35
87
. .
N. Y.
53
81J>4
102
108
2d, 6s, 1938
,--v-,=-Syr.Gen.A Com.-lat, 7s
Tex. A Pac.— Ist, 63,1905 108
89I4
5
Mavq.HougbfnAOnton.
NaaUua A
62
SbamokinV. A Potts.— 78
Sunbury A Erie-lst, 78- 108
Sunb. Haz. A W.— let, 63
A
.
125
Phll.AK.-l8t,69,1910
123
200
94
"Tr-e
.....
Illinois..
Mexican Central.
|120
Ill3
Cons., 68, 1920...
114
Cons., 5s, 1920.-.,
S8i8 Phlla. Newt. A N.Y.— Ist
1
Atchison A Topeka .
Boston A Albany
- Lowe.ill.....
Boston A
Boston A Maine
Boston A Providence
Bo.mon Revere B. A Lynn
CaUtornla Southern......
Central o( MassachusetiB
Preferred
102
75
104
185
115
88
110
163
109
C—
,
PHIL.Al>fcl'l*HIA.
100 2,100,000' Q,—J.
1,000 1,500,000, J.
1.000
500,000 J.
3d mart
A
A
Del.
Cons. 68, C.A R., 1923.. 136
64
N. O. Pac— 181^68, 1920.
127"^
Ponn.— 2rt, 7a, cp. '96
".II
No.
.V.'.V.V.V
78...
n33 134
7=4
06n.,78, 1903
Income
Debenture 6a, reg
Scrip
Norfolk A West.- Gen.,6s 112
Ttebenture, lOs
N. B.Dlv., Ist, 68.1932 110
N.Mex.A So.Pac- 78..... 1271a
N. Y. Phil.A Nor.— 1st, 68 108 110>a
N. Y. A N. England— 78.. 129
60
66
118
1181a
Inc.,68, 1933
ds
110
Oil Creek— Ist, 6s, coup.
2rts. 68
Oii-i''nsb.A L.Ch.— 6s
PennsylT.- Gen., 68, reg 136
102
Gen.,68, cp., 1910..... 5133
CaBi >llilated 68
30
;•"-«•
Incojies
Cons., 6s, reg., 1905....' 127
Cons., 68, coup., 1905... 127
PueuioA Ark. Val.—7s.. 127 113
Cons., 6s, reg., 1919-... 112
Rutland- Ist 68
97
78, 1896- 119%....
Pa. A N. Y.
68
1043. 104 's
133
--- 131
.- 7,1906
eonora— 78
90
Perklomen- 1 st, 6s,cp.'87 101
Wiaconsiu Cent.— let ser.
39 1» 41
Phil.AErle— lat,78,cp.'88 106
2d series
H5
|<^otatioD8 by H. L, Gbint, Broker, 145 Broadway.]
Broker St.* FiUt.F,-8tkl
Connect'g
-
115
100
145
114
1 H 'July 10.'86 108
103
1902
l,500.000iIm.&N, 3
July 1, '86 110
1.000,000, Var's 2
700,000 M.&S.I 2^1 M.iy l,'86!l00
1,000,000 Quar, 1>3 Ju0l5,'86l 70
60
Willlaiusbarg..
Bonds
2,000.000 Var's
1,200,000 Var's
250,000 A.«0.
36,430,000
756,0001 "auarV
700,000 F.AA.
8,500,000 Quar.
1,000
.S«1J)
'^((Bklyn.)
Date.
Catawissa— let, 7b, con. c.
1331a 135
New 78, reg. A coup
861a
39'
Brokers, 49 WaOl Street.}
Amonnt. Period
1,000
Jonej Otty A Hoboken
XatM^UUn—Bonda
<t Co.,
107 >4 108 1«
2d, 68, 1904
Cons., 6 p. c
am'
A
A
220
92
95
120
16
90
70
U7
98
119
3d
34
91
103 '8 104 »s
A
lOl 1041a
A
60
•
lucomes
129
Easi'rn, Mass.- 68. new..
Frem.Elk H.&M0.V.-68..
A Ambqy_es, o.,'89
A Atl.— l8t,78,g.,'93
Mort., 68, 1889
Land grant, 7s
Calitornla So.— 6s
Cons. Vermont, 5s
No.— 58
Chic. Burl.
West'n— 6s
Chic. K. C.
135
140
75
125
100
65
60
107
132
12S
230
Cam.
48
90
103
125
95
280
137
117
225
76
114
110
5
109 >4 Cam.
Cleveland A Canton
Preterred
Col. Spiingf. A Cin
Quotations by GEO. H. PBEirnB8
Oltliens' UaB-L.(Bklyn)
Cons. 88,1921
1st, Tr. 68, 1922 ...
Bnfr.P'tts.A W.—06n.,8s
109
Concord
Far.
2d, 78, 1908
lOl"*!
6s
108
N.Y.A Phil.— lBt,68
Buff.
'
1073,
,
...
Ask.
Bid.
Gap— Continued
Consol., 6s, 1913
127V
12578
123
Bnr.AMo.lnNeb.-Ex't,Os 122
108
6s uoU'Cxempt
Trii.tt,
104
•AB COMPANIES.
8BCDRITIK8.
I
Bell's
Land grant, 79
Ouarauteud, 7s
Mortgage, 6s
MDrtgagc, 4ViS
Bum and Cttr Ballread Stocks and Bonds.
ISM
Ask.
Bid.
BOSTON.
Plain, 58
Bowory
Broadway
,
Meehaalea'
Keohanica'A Trada'
Mercantile
Maronante'
Marehanta' Bxoh...
Metropolitan
Par.
60
100
25
26
American
Amer. Kxohange
100 166
Amerlek*
1S6
Amar. Cxohaaa*... 100 itil
26
BTOkOOTV
35 166
Bntoharr A DroT'*'
100
100
26
100
26
100
100
100
lUO
26
25
100
100
100
30
8SC0RITIB8.
[Piloee by K. 8. Bailey, 6'i Pine St. 3
PBIOK.
OOMPASIKa.
Kuksd tbat (*) >
[tOU XLIU,
117
let, g., J.
A
A
—
vii'h
106
A J.
J....
2d, pref., J.
2d, guar. byW.Co.,J. AJ.
J
6s, Sd, guar., J.
Wilm. C.A Aug.—68.
Weiiton 5s- .
Wll.
A
108=4
101
101
101
128
180
lis
7s
t
In default.
I I4a8t
price this week.
July
THE CHRONICLE.
17, 1888.J
BAILBOAD EARNING!i.
Lmtm MmriUagt MtporlmL
1889.
{Week or Mo
1886.
BOAoa.
«
New York
Jan. 1
1
1385.
•
*
A
:»
ti
'.2,8^ 11
4.4-•S.JS.I
4
17.11 •jl
l.«; •7,<ll")
1
tfeotianioa'....
Pnlton
Cbsmloal
"k
i-t
l«l
l>t
Ch.8VP.MlD.Ae.
J
than V.
A
M aanrra.
LMUhar
Saraatb Ward.
aula e( N. Y
Amsrto'n Kxob'ca.
Comnierca ...... .
Broadway
J'ly
turn.
S.
l>a«.Mo.Art.D. Ictwk
J-lr
MJjom'bA No. Int wk Jlr
ILSan.Vk.AOB. Mar
BraaiT. A T. ll. ut wk JIt
VUatAP. Marq. UlwkJl/
PLWortbA D.C'j- May
Onad Trunk ... Wk Jaly 3.'
I8.ut)a
to.ralI«A8.r.>Utwk.^
1S.406
SMM
J-lj-
A8pr Juan
....
5S.7W
2i».aai
;
OO.Vl:!!)
«;ii,i.'.!i
l»t,(M4
330. 1 43
136,011
Ji:i.:i28
116.000
41.039
Is.uiS
10031S 1343.08«
l,'.'7-..:t%«
2.->a,M0
n7.»9a 6351, 30«
IM.OOI
1»,ISS
1-7.431
163.1(»
14.477
7ft.6t>
^(•nl
wk JTy
!>.. 17.%
3t:
-'«•
7.(.--
IK!
404.3.^1,
680.7H800,0)1
UtakJly
1303.64"
61.800
MI.t.HOO
1.24'i 300
330 900
1335.400
844,500
897,700
628,400
261,000
699.500
424,600
SI 2.300
353.400
14.031.400
5.877.500
7,147.400
2.738 300
7.633.300
4.778,200
1.216.800
4,228,100
11,211.600
8.000.000
2.956,600
40!(.>)00
l,SIO.M0
170.600
591,000
71S,600
403,800
293,000
4.022.000
».77t,700
129,000
187.000
S.20J.090
1.383,000
790.000
970,400
i*Ohlo..iJuDe
uCk.A8t.U:Mar.
Jiina
10.V71
30S.«82|
ISl/MO
M8381I
108,785
167.405
83»,&'~'
00-J,«!
14,01 3.''
m
,
(larflald
i.ei>7.«oc
rrtb Matiooal.
B'k at llM MatfO»Waat Bida
S,433.7'<«
Tatal
l.SIK.SOO
USSO.OOO
1,047.700
487.000
333.200
401,700
209,90u
963,100
856.000
339.000
978.200
376.000
fi:l3,700
110,200
1.488,000
848.700
189.100
853,400
441, :oo
195,700
|m5,90O
848.490
204,000
487.500
280,000
439.400
182.400
380.400
160,200
148,100
706.800
477,000
847,500
7-.'0,200
316.800
291,900
900,000
381.200
2S<.sao
531,800
180,000
315,700
»00,200
2,899.400
1.674.200
428'6()6
8,1162.000
4'SO'900
'48,500
8861300
45,000
83,453.000
2.176,000
1,067.700
18.752.900
9.206,000
3.969,000
2221390
180,000
139,006
82,000
46,000
986,406
5,«6t>,200
19.300.400
5.15S.300
1.309,700
176,600
232,300
180,000
3.2>5.f>00
3,005,400
.2,798,;00
4.33J.900
3,682,600
2.928,300
2,718,700
4.333.600
8,275,200
1,808.800
l,64e,l«0
552.100
2110.200
370.000
1<M,900
783,700
8«6,bo6
46,000
22,4o2200
4tl0,300
72».:tr)
871.5(0
46,000
44,206
5,509,200
6.745.900
2.170,100
997,000
1D2.000
602.700
tS^t.BUO
'"2"606
443,600
44,610
2.0.<e.000
i.m)6,49a
2,548,100
105,000
177,800
3,01 .V900
S.«4U9aO
78,300
590,900
174,400
ds^ooi
45,000
44,400
45,000
130,400
4.7118,200
3,220,100
2.004.200
3,150.600
45,000
180.000
355,004,300 <5.S»8.100 42.258.9Jol379,142,800
7.793,500
1,»C0,S00
l,SIS,MO
177,81(0
70J
isssl
h-mt.
awf.
8
S
L.Vmdtn
MmiaMen
jlap^wlti.
Alt. Olemt\t
8
}-na2il 351 .OH«,SOOF.''>,01 3.400 43.397.900 876,Si8,100 7388.400 842.428,820
July 8 355,744.70UiH4,4HS,9OU <a,8M>,40a 377.411,400 7,8111,700 680.260,025
10 «55,004.-Mol65.69:i.lOO 42.163.900 878.142,200 7,793,900 927,028.716
•
10307
1.'
1306.000
1.91«.2CD
17.348.000
Oaami IfatlonaL. 4,711,000
S
all Mauoaal..
a,se4,ouo
triaU Rational...' 5.070.400
PIrat NaUonal.... la.S4-i.sua
Pblrd NaM«aal...{ A.07M.900
X. Y. NaL Bzeb
1,400,800
Bowary
*.««7,S00
». Y.CNnatr..,..
S.3%9.60e
(iarmaa- Aiaarle*B.
2,791,700
Cbaaa Ifatlaoal,
3.4(9,000
S,ftM,MO
PIfth Avaana...
Oacmaa Kiob'nca.
3,S8O,Sa0
9,ie«.700
Oaltad atataa..
4.t«>.200
2.128,000
Uacola
.
8.664.243
n-kJ'lylO
V.T.L.Er1eAW. May. ..
W. Y. Pa. AO May. ..
.Y.AKawr
Bac-'Har
»ir.T.Oat.*
1 63.100
4.807,900
2.038.000
20,8&3 900
19.910.700
«,
Park
Harth Rlvar
Kaat Rlrar
Paarth Hatlonai..
S4.4» 1338.8U11.615
191.a«4
8.658
117.088
iTuao
T. CltyA.Vo
S,4 17,000
673400
MO
S.3-t.S.10O
•40.8^1-
Jiini-
2a wk July
lasAMo im wk J'l*
.ABLU May
VaWcai. Ui wk Jir
U).7«0
M7T.!'au, l.ul-.-l'*
57i;, •:>'<
006.267
4n-, -ll
4ii>.7:ii'
S0J.314
.TAu^WMtlMay
ortBlklircal .UiwkJIy
B08t08 BMk«.—FoHowinK are the totals of the Boston banks
DnoMt.' OivaHlaMoa An. Oemfm
Liaai.
Sra<4<.
I, Tkndan.
1866.
8
6
6
ftatbanOnVI 'May
79,199.280
90.059,324
73,477.636
J'n»76 161.B4!.S00 10,188.400 8.170.700 112,632,900 17.012.900
IM. 118.1100 93a4.000 3,881,000 111,776.100 18.898.000
JnlT
.WlwIhaiM PaeiaelJane
OUoAMIaa
l6.2«::.O00
2.62l).700
Marfcat!.*.™.'.!!!.'
SaatMard
Sixth MaUoaaJ...
403Xr7<
IWI.BhAWat.
PLT.aAH.R...
"MV.MO
Kt.a84
&4.4W
BiTcr Aiull
I.oali.BT.A6I.L l.t wk Jly
La«l*r.AIIaahv 1-t wk J'ly
tdolar.N.O AT I»7
^jazlcan Oot'l.
llat.Wi.all liww
7»».6.'.3
SIJOO
A Ma
•!
02.018
427.M6
1.2.;- .'-.
iattI*M.B. Trz M«y
lotwkJ'ly
Loafbtaad
•
77^31
4i%.103
2U3.2I9
1.IBB.014
44.488
<>
47:;.378
5.30t37a
I
EO.PU.AOalf lihwfcj-aa
Kan-CSp. AM. 4tli wkJ'aa
Kan. O. CL A tin ithwkJ'M
Main*- (Vntritl
M.T:.:!
77.787
900,646 5,073,440 8,0" v.m
-1
44.860 l,lS2,0«lx l,!ii
Muas 180.010 i:.-v II :i
Ktwk J'ly
IM.Biooni.AW.
3.169.000
368.
NlrholM
3,296.000
6,914,700
1.999,100
1.701.000
1.177.200
2 779.600
1.283.600
.3.704.600
i.&82.noo
122,100
305,200
2.645.800
'ou'oiod
„l.815..^00
23,1101,600
368.200
32».H0O
3.e-u.ooo
30«
863,000
2,8.^1.1)00
I.S07,POO
s.eio.ooo
l7.297.0O0
9,S1S.100
Oontlnxntal
Ortantal
Imporvara'A Trad.
aaUOaLA8.rr. May
tat wk J'ly
OadarPAMIn. Uiwk J'lr'
DoKASioax C UtwkJ
J
1»9.700
244.000
120.500
320,000
162,100
2.98if.800
8.«.<4,9aO
8,ei3.IKX>
'^hnaA t aaihar..
Com Excbaaca...
ULOenLlOLAIIoi
Tsui all tloea l.twk
01'4,40O
330,200
CItlaaBa'
Hi.
'
Tat. Iowa Unas. I«twk
S«4,70O
e»l),700
:t.s:<n
....
2.103.500
454.700
7.0M.OOO
Irrlnir
•J.i
2»S,t)00
160,tl00
1.17-2,400
l,i)4(i,»ao
1,1*17.000
HasoTar
DMbaryA.v
wkJuly
Omt. ABloi.r
DlBT. A B. O. W. JnD«
l3.28ll.900
8.0SX.000
»,71K.400
H.448.S0O
9.444.400
...
904.000
i.»3X»00
4.4O4.G00
North ABMrtea
.
l«7.10O
Paoplaa*
CI«T.O>LaAr
ODLHock.V
12,203.800
6'!7.0OO
35:1,700
...
R«pabUa ...._.
A Cantoo June
.7,97!l.0O0
i,:is:t.iioo
70000
45,000
45,000
i.soe.ooc
l.ie2.3iW
Pitciao
Ctor.AkToDA('o! iKtwkJ'ly
L.Sia.tKKl
S
11,1124.000
11,147.000
« 618.000
S.!I73.J00
Mcrraaula.
neka.ah.AP. U<wk J ly
ClB.irMta.A Ball Ut wk Jly
1.578.000
P8 1.000
S.342.000
l7.70ti.>J'T0 10.34.H.800
....
Oreaawleh
Ala.Ol. Soiitb lstwKJ'l>
K. Oil. A.V. K UtwkJ'lr
r.HoiKb.A
...
A
wk Jly
1.988 000
2.224.000
744.000
1.018,000
,8.87f.000
•3.489.900 1.4 .13,600
,3,019.000
162.000
10,875.590 4.0IW.SOO
a.4l0.40C
391,600
,'.255.300 ,„ 811,300
Mertrbaata* Kxob.
Oallatln NaUonaL.
Batobara'
DroT..
MaehaBlea*
Tr.
1
wk J'ljr
Ckte. A W. Mtcb.
otB.ina.st.ujkr. l«t irk J'ly
Cta. K. O. AT p. lotwk J'ly
A Mer Ut wk
7.?8O.O(i0
Amariea
Pbaatz
City
Tra.l^Amoa'a
CMs.llU.AS:
ChleuANortliw
11.a«0.000
P.rS3,000
Mantiatun Oo
Werduuiu'....
•i.liTl
ateTBn
la.
Clrcuta.
OthtT
Tnyitru
S
New York
ly.l.
CbkaceAA
lBd.I>re.
BpecU.
I
B«i:iloeh.d'
Blir.Od.R.*
OanadlBiiPa
Caatral Inw
aOaotrml Pv
ObiniP. * <.'
SUs.Lsx.Ai
Cbea.O. Ai<
VIokab.
Atentt Amount of—
HH DepoHU
Ltoal
DiteounU.
Pot-
BmM.K.\.A
Otor.
City Banks.—The follow ingstaiement shows tho
Banks of New York City for the
condition of the Associated
week ending July 10, 1886:
LmUt Doit,
1886.
•
Aieh-T.AP.r
Birit.
to
71
:Mi.ieii,u00
>M>y.
..|JDB«
9.649.100
8,100,I>00
110357.900 10.680,700
I'MiuJelphia BaBki.—The totals of the Philadelphia banks
f oUows:
OnSpu lap. OB.lMar
0M(. B. A N. Co. .t wk Jly
2*^
are as
I
.
Fnavlranla.
rlranU... May
PtoilaD
Dse.ABT.,l*twkJ'ly
AEr«e....'May
1S8S.
10.8883.^6, io.'.;-<i vio
5,121.2291 .V3ii: HJ'i
O* C. AlrooMay
BMka'd ALtanr. Jniw
138836-''
.,
Oh.Ol>L A A<i«. JiiD*
OrtaaiblaAOr. jtina
l.t
-,73
:i7'.i.ipj4
•:17 7'.'2
306,277
Si
OaonlaPae... Juoa
fa. MtdUuid.. Jua«
lal.
I.-,-,:,.
S78,9<lt)
wk Jly
M
.1,
4fl.731
63,419
.
961.153
708048
rll
nl
rU
<r.
wk J-ly
41.06.3
307.864
7«3iS
885.643 2.823.70S
200,l>18
6,003.011
2,70.-, <i21
0,3117.'
230837*9340,3061
410308 aAO.140
0.437.41.'
0,07J.T10
2,127.0
1.7!i:( !'IH
UK
4.^7. i"H
18,840
I
•;<:732iB
e,342.20<i
9,2BlV.lh'.'.
t<t
•<'».4W»
6,042.8f)»l
•iT.ontt
480.2.tO
5,«7l -.'i^
3011.710
70I 4H2
740..'>33
WliKvm'
Ik
6.868.663
6.848.0O0
5.858,700
66.1ll.t,4I4
^
I
85,281,668
47,518.001
latest qaotations for
85.330
73.101
201,270
j'lr
Tmat
T.A Waat.—Stk.
Batr. H. Y.
A
Praf
Tmat bonda,
6a
Brooklyn Klar'd-atock..
lat niort
('In
W.A
3
S>t
Pblla.
4
41
97 >«
5
26
6
86
Mettlement, 6a
A arand
iDcomaa
St. Jo.
"oia
4
2.)>a
Wnatern
8oathem Tel.— .stock
State of Tenn.— 8et-t...38
45
ioi
,
BalL-Prf.nook.
Atlantic...
Poatal Telagrapb— stook
lat mort., Oe
Poatal TaLA Cable— Stook
lllcb. A Danv., deb.
Rich. York RIt. A (Miea..
H
a
SOS
Ilalwntaraa
A
lat mort
Plttabunc.fc
90
*a
atntnpal atock....
II.
Pauaaoola
90
lal., lat..
Stock
D^uTor.t lllo O.— CouaoU
110 iiay 8t. !<. .irk. A Texaa, atook
.U. 8. Trunt caru
*j4l mort
45
5a
Texaa A Pac Horlp 1884.
OeoT. A Rio Or.W
18
Mrrlp 1885
Ben. A R. t). W., lat M.,
Tex. .fc .It. U. (ten. lat M. Id
79
78
Onar. by D. A li. u.
ffralit^fellio. bda
Rdiaon Klactnii LKhl
90
"is" C, s. Klectno Ufhl
Urorria Pac.—Stock...
i::.'.'.'. 110
VIckab.A Meridian
latOa
Pref
58
54
2<la
iHt mart
9
Keely Motor
4<«
2ilniort
3«4
Mazfoan Ifatlonal ....
95
102
108\
87
28
4<a
39
10
,
•Mi>i
rain 1880.
1 t„
l$86ttaB«wlr
rj.
lurlii.l
1,
la
t KlK"r>'« •{
•
W. Sb. A B.— Stook,
—
107
105
T.
North. Pac.— DIT. bamla..
North niT, Oona 100 0.0
Ohio Cent.— lat M. tr. cert
12
AlrL., atock 97 •«
126
fan. bonda. t 124
Altanont Coal, bnnil*....
Boat. U. A K.-Newalaak
Old
Boat.
190,704
1,303.478
1.7883Mt344317
iWixtt
I
831300 1,412.807
007,531
710.1.'>1
VQI'iri
Wab.
4371
06.001
l^
rll
830.002
16,807
20a.2U5
933.473
3,751
532,091
521.010
IT.
ar.
[|..
IjlUUllilMI
80333
7H
ii''«ii»aa
'
63,166
803345
rll
•
I
past:
i<
'
4713M
Ill
24,799,000
84,'i85,300
04,: 13.800
2«.870,.'»O0
89.»70.900
July
85.8J4.000
3
"
29.0-J9 7<iO
80 548.100
10 .. 86.671,900
• laelodiac tha IMa " daa to othar banka."
^
88388
•y....
.
CH—r-m
SacurtUaa.
T'lns ...
;>•
,
i
Jane 28
Atlantic* Paa,-Stoek...
tUAftan.Finn. l.t wk J ly
CPaalAImliith utwajly
I
4ag.
CVtalatton.
DrFoaUa.*
s
week
Bt.L.AltoiiAT.11 l.t wk J'ly
l>o Braorlif>4. l.twk.lly
m.PMln
Law/wlMoMt.
Uali8t«4 Seemrities.— Following are
62
Waat.iro.r'ar. 'Jaaa
•t.Jo. A(i<l.
I,aaw».
l.x»ij:;'5
..
ntta.*B«adlas Mar
:
An<l iiranchaa.
iiMn a^Jnirtcdaoaatoniaka
Hpifar hi>t
haaU uf oinrifl.
^„
a Riuiirar»« tJM I3AO latin of
ths Caatral PaaMa (fi -
Praf
lat iBort..
I
itiail
uonh
of
M.K.AT.— Inoana acrip ..
OothM, BOW eomprialoo M.
Y. M. Un. Tal.-Aiook.
ll".
87" 28
70
86
I
'
lucutnaa
•
VlrKinlaMldl'nd, 6a, Inc..
Vlr»1nla State 3 p. c. bda..
w»ai "J.oar— Con. mort..
58
14
THE CHRONICLK
72
%nv»stmzut
|[|ailr0afl
^eotait
Iptereat on municipal bonds held
MlscellaueouB
Operatiny ejcpetuet—
(ieiieral ollloe expenses
%utzlliazncz.
Maint«iiaiioe of
Cities
and
of the Stocks
to others
than subscribers
Minnesota
&
$23,132
gj 945
i
way
.'..'.'.'.'...'.'.'.'.'.'.
16',2»1
121,974— 193,244
Net earnin)^ for the nine months
$93,806
first mortgage bonds outstanding from Oct. 1, '85,
to Jan. 1,'86. wng$2.l84,0OO,and thelnterestamountedto
Ou Jan. 1, 188(i, au additional amount equal to $104,000 was
)».sued ou account of 20'->in uilles of road oompli't^d, making
f"e
amount outstanding
since Jan.
1,
Total fixed charges tor nine
$27,300
1S86, $2,5s8,000, on
wluoh the Interest for SIX months amounts to
64,700
months
$92,000
Leaving a surplus after paying Hxed charges of
(For the
ANNUAL REPORTS.
Bntland Railroad.
year ending June 80,
$1,816
1886.)
The annual report of this leased road for the year ended
June 30, 1886, is published, and shows cash transactions as
Northwestern.
(For the nine months ending June
f8,784
1,045
2,139—8287.051
and Amount of
Biinds of Railroads and other Companies. It is published
on the last Saturday of ever]/ other month—viz., February,
April, June, August, October and December, and is fur
nis7i»d without extra charge to all regular subscribers of the
Ohboniolk. Bxtra copies are sold to subscribers of the
Cbboniole at 50 cents each, and
at f 1 per copy,
by the oompaDv
Miilntenauce of rolUni; Htook
Trauaportat Ion expenses
The Invkstobs'Supplemknt contain* a complete exhibit of
Vu Funded Debt of States and
[Vol. XUII.
follows:
Beeeipli.
30, 1886.)
directors present statements of the financial condition
of the company on the thirty-first day of May, 1886; also
of the earnings for the first nine months of its operation. It
appears that the net earnings have been sufficient to pay the
interest charges.
It will be observed that the statement of operating expenses
does not include the items of taxes and insurance. The taxes,
under the charter, are two per cent of the gross earnings,
equal for the nine months to |5,741, and the insurance
amounts to about f 500 more. They are omitted, although it is
much better, according to the custom of many railroad companies, to include them in their published statement of operatexpenses. If these items had been included, the statement would show for the first nine months a small deficiency
of f4,434, though this deficiency it is expected will be more
than made good in the month of July.
The company has now completed and in operation 130 miles
of railway, from St. Paul, Minn., to Manly Junction, Iowa,
where it connects with the Central Railway of Iowa. At the
town of Lyle, 109 miles from St. Paul, it also connects with
the Iowa lines of the Illinois Central Railroad Company. With
both of these companies it interchanges traffic. The line from
St. Paul to Lyle (109 miles) was completed and put in operation Oct. 2, 1885, and has since been operated by the company.
The line from Lyle to Manly Junction (20 miles) was comfileted Dec. 1, 1885, and is operated by the Central Railway of
owa, under a lease coupled with a traffic contract for ninetynine years.
The report of the President, Mr. A. B. Stickney, of St. Paul,
The
mg
says
" The Chicago St. Paul & Kansas City Railway Company,
owning a line from Waterloo, in the State of Iowa, to Des
Moines, the capital of the State, a distance of 115 miles, having
entered into a contract to extend its line northwesterly from
Waterloo to a junction with the line now under construction
by this company, and also from-Des Moines southwesterly to
St. Joseph and Kansas City, in the State of Missouri, the
directors have entered into a traffic contract with it similar to
the contract now existing between this company and the
Central Railway of Iowa. It is estimated that the revenue
derived from traffic interchanged with it, taking into consideration the
longer haul,' will be much larger and the business more profitable than the business with either the Central
of Iowa or the lUinois Central.'" The relative positions of the
four companies, namely, the Minnesota & Northwestern Railroad Company, the Illinois Central Railroad Company, the
Central Railway of Iowa, and the Chicago St. Paul & Kansas
City Railway Company, will be more clearly understood if a
map of the Minnesota & Northwestern is hereafter published in
the Investors' Supplement.
" The company has now under construction a line from a
junction with its present line at the town of Hayfield, 81
miles from St. Paul, to Dubuque, Iowa, a distance of 'iTi
miles. The work has so far progressed that the directors are
assured it will be ready for operation by the first of October
next. It will connect St. Paul and Minneapolis, Minnesota,
with Dubu<iue, Iowa, where a connection is made with the
Illinois C+-ntral Railroad for Chicago.
The latter company
has heretofore used the lines of the Chicago Burlington*
Quincy for a portion of the distance, namely from Forreston
to Chicago. This arrangement terminates with the end of
this year, and the comjiany has commenced the construction
of an independent line from the city of Chicago to a junction
with the Illinois Central Railroad, 'near Freeport, 111., a distance of 10!) miles, which it hopes to have ready for operation
bv the first of January, 1887. When these lines are completed, the company will own a continuous line of railway
from St. Paul to (Chicago, 430 miles, except a section between
Dubucjue und Freeport, 68 mUee, owned by the Illinois Central, which it intends to use under an arrangement
with that
Cash on hand July
1,
1885, as per last report
From rem of railroad (on account)
From rent of real estate
From notes receivable, paid
From interest ou notes and from deposits
$46,886
240,000
2,167
4,311
In
bank
382
Cash borrowed temporarily, averaging 27 days' time
Discount on old claims bought In and charged at face..
Dividend oh 3,328 shares Addison stook, 3 per cent
Addtson dividends not called for
64,00O
95
9,984
24
Total receipts
$367,851
Paumente.
Coupons
Coupons
bonds
bonds
Interest on $64,000 borrowed
of 5 per cent
of 6 per cent
$74,692
86,876
235
Interest on deferred dividends
Notes payable, being amount borrowed temporarily (no notes
30I
outstanding)
Dividends paid (Nos. 19, 20 and 21 and old dividend of $2)...
Old claims bouf:bt In
Addison Railroad dividends
Addison Railroad special tax paid
Cliiokering udginent
Expense account items. Including salaries, legal expenses, &c.
64,000
76,627
.j
Taxes
Addison dividends repaid
Cash on hand, as per balance i^eet
204
15,000
81
9,715
13,251
10
24
26,831
Total payments
$367,851
The balance sheet shows cash deficit |45,045, same as Aug.
1, 1883; rent due and unpaid, $69,412; construction account,
$2,502,613, same aa Aug. 1, 1883; cash on hand, $26,831; unpaid dividends, $1,342; coupons, balance unpaid, $9,837, and
profit and loss or income account, $110,023.
President Clement's report is brief. He mentions the decision in the company's suit declaring valid the certificates for
3,970 shares of preferred stock issued to Mr. Clement in December, 1882, and January, 1863; the discontinuance of the
Company vs. Page, and the statement that up to date about
$69,412 of the rent reserved in the lease of the road has been
withheld by the lessees on the ground of the amount of taxes
apportioned by them to the Rutland Company, under the
present statute for taxing the gross earnings of railroads.
The company^ claims that such retention is without right, and
that it is entitled to receive the full amount of rent stipulated
in the contract.
QuicksilTer Mining Company.
'
company."
ABNIUCS, KXIENSES A^D CHABfiES FOR NINE MONTBS EKDIKO
JUNE
30, 1886.
HUes Of road operated
Broueamingt—
S^'*
S»5?8ng<»
*[•"
Bxprew
(For the year ending April 80, 1886.)
The annual report states that every effort has been made
during the year just closed to accomplish two results, to wit
" to maintain as nearly as possible our average production of
Quicksilver, while at the same time prospecting in every
direction of promise for new ore bodies. The former of these
results has been substantially reached in regard to the latter,
we can say that in some directions the indications are very
hopeful indeed, but that in most we have not yet reached
objective points at which profitable results are looked for.
These explorations are now being carried vigorously forward.
In this connection it is proper to say that while we have made
explorations covering more than a full square mile in surface,
and nearly half a mile in depth, still we have opened but a
very small portion of the property of your Company which is
supposed to be charged with the ores of quicksilver. We
have produced during the year 20,000 fiasks of Quicksilver.
The price, as we last year hoped it would do, has ruled slowly
but steadily higher, and there is stiU reason to expect a considerably greater advance." The production of the year was
;
20,000 flasks.
BECBIPTS AND EXPENSES
Rrceiptt—
$702,611
21,813
Suicki-ilver sales
iseellaneous
$724,424
ExptnttB—
Supplies
Pay
Kolls
MiKoellaneous and taxes
$163,820
383,9U0
29,045
Improvements
1.3o8
Patent suit settled
Legal expenses
4,.=>00
1,368
584,030
j^g
$200,493
62
9.13
6,583
^^oog
$110,394
Difference
This amount
is
accounted for as follows:
Paid floating debt April 30, 1885
BemittedtoNew York
Office
$31,166
59,095
July
THE CHRONICLE
17, 1886.)
Cub on hmnd April 30,
1886
73
950,132
_
TkaBat.taklanae to ertdit of yoor proportr aceount
30thAprlI. 1883.
Adding your net MTBtoita for rwelre uoaths
wu
Ohio & Mississippi.— The gross and net earnings for May
«140,394
and for five months to May 31 were as foUowB
on the
9267,0X4
May.
Jan. I to Hay 31
3S,9S7
.
,
1886.
Tbera
1*
to be aeeonnted for
The credit balance*
Qgiekdlrer
BopiMk*
on
Ore
Oroas eamlngis
9300,001
the 30th April, 1884, were as follows:
9»i.017
47,949
41.633
50,132
9233,731
9298,035
OpeiMlnKexpenws. .. 221,249
Net eamln«8
Richmond
New York *
Philadelphia.— The depoeita under
the plan of forecloanre terminated on the 15th, and so large
aecarities hare oome in that the plan is
Mid to be a succeaa beyond all doubt, and the foreclosure of
the road wiU be poahed on as faat aa powible. Certiflcatea
are already being engrared to repreaenk aaMntinn atock, and
will be lilted on the Philadelphia Stodc Exchang* In a day or
two.
a pn^iortion of all
Cmtrftl Paelle.—The statement of eamingi and chargea of
tba Oentral PaciBo Raibowi (l.UO mUtii, tot April and
four montha were aa foUowa
—
AprU.I'fazpwMes.
1889.
91.M9J41
901498
489.889
•9303S1
9MS.909
Oednet
—
/aa. 1 to AprU 80
1889.
188S.
94.473.59S
94.067.778
9,192.834
2,073,923
.
18M.
9I.Sa9.419
•.360^997
91,9»3,8»3
OoTt 9.
I'd
9.997.813
Matprofll
«113,«75
19.949
Osoan^ * Impi't.
9arptaa
966.498
Ciaeiniatl ladlaaaMlis
999,638
bonkers, .81
8t Loal9 * Chicago.—The
and net earning* and diaigea
montha ainoe July 1, hare been aa
for Kay,
foilowa:
Jf«if.
.
and
(or
—JWMltoXaysi —
-
1884-85.
1999 99.
99399,749 93.315.514
1999.
1899.
OperattiW
197^
133.990
Tj7r9»6
1.482,504
St
994.460
00,000
958.490
9061,066
UO/MW
9^33.010
550.000
914.409
99.490
9911,086
9=83,010
noCoiM 91M.179
nzad
B"T»laa
DeiTOr k Bio flraade.— At Danror, GoL, JalyUL tlw property of this railway oompanr waa sold trr LoolaH. ICeyer and
John R. Stewart, tmateeo of tho oooaoilifatod mortgage. The
DraMity waa porohaaed by OoorM Oappall, Arnold Marcus,
Kobart B. Mbtnm, Theodora H. A.
and John J,
Hadiger, a norchaaing committee acting under what has )«en
known as the " Coppell HeorganlraHon." The property was
pnrchaaed for |15,O0O,O0a Thii hid waa fan raality nominal, as
tho property waa purchased for tba beneat of the bondholders
and itockhoidcfa who came in under tho pUn for reorganisatioD.
Leaa than |90,C00 ot cooaolidated mortage bonds,
9100.000
gueral mortoago bonds ^nd 0.000 shaxw of stock
are now oaMaiidiBg. Tbs propartjr wlU at once be leorganhMd oadar tho nam* of the Denrer ft Bio Orando Bailroad
nomp
U
Company.
—On the Uth Judgo Ballet, of the United Statea Court,
affirmed the sale of the Denrer ft Rio Orando Railway, after
which articlea were hnmediately filed iacorpanuing the new
company under the name of the Dnntr Bio Orande Kaliroad Company. The capital la t78.aOO,00O, of which 945,500,000 is common stock and the remainder ia preferred stock. At
a meetlDg of tho stockholders, OoofKO Coppell. Adolph EnKl>-r,
R.
Mlntoni. Oeotgw T. Wilooo. Jolin J. HadlRer. John L.
Welch, Theodore H. A. Tromp, W.
Jackaon, and U. H.
Moffatt were chosen dbectora. The directors met and elected
W. 8. Jackson, President; George Coppell, Vioo-Presidpnt
J. W. Killuly. Treasurer, and William Wagaer, Secretary,
Mr. Jackson, the Preaident. was tho Ute Becker of the company, and is reported to be a very clBcient railroad officer,
d
R
a
9340.496
$312,31»
said:
"It
is
Lombard
Street,
now offer
95,000,000.
Nothing
is
—M of the location of this road, but a map and prospectus are
gross
euTen
963,414
DanTllle.—£?eman'« on Friday
1885.
$1,474,218
1,161,396
The Eastern b Western Air Line Companv of the United
States of America.— The above is the modest title of a railroad whoee bonds won prominently advertised for sale in
Ixmdon on July 8. Tho adrertisement stated that the total
length is 1,141 miles, of which 166 miles are constructed; the
total bond issue is to bo 986,018,000, and Meears. Brooks ft Co.,
totscssl.
tkxae. raatla aaa
V. a,
91,422,602
1,082.106
976.786
ft
18i)6.
9275,4S1
212,067
understood that at a meeting of the dir^tors of the Richmond ft DanTille road to-day the long and heated diBcussions
regarding the debenture bonds have been concludetTby a resolution to allow the debenture bondholders to exchange their
debenture bonds at 118 for a new general mortgage bond
bearing five per cent interest from April 1, 1886, thus
exchangmg a doubtful six per cent income bond for a fixed intonet general mortgage bearing five per cent interest. The
now mortgage is to be at the rate of $23,500 ner mile on the
property of the Richmond & Danville road. The contest has
bemi in regard to the rate of interest. Many of the directors
betaered tliat the ciroumstanoes attending the issue ot the dehonture bonds jostifiod an exchange of the bonds at a rate not
feeding four per oent, but considerable influence has been
brought to bear by large holders of the debentures, with the
Ksult •tated,-*the ezctiange of bonds must have the consent of
at least two-thirds of the debenture holders on or before
Sept. 1 next. Circulars giving details are to be prepared
at
once, and to be had on application at the office of the company
or at the First National Bank.
GENERAL INVESTMENT NEWS.
Buffalo
1885.
to, shewing that it has certainly progressed far
to be a road "on paper." The American Board of
Directors is named as follows: Hon. Thomas W. Osborn, late
UattOil Statea Senator, President; Hon. James, Q. Day, late
CHiC Justioo of Supreme ('ourt of Iowa; li6n. James C.
OonkHng, Springdeld, Illinois: George L. Artz, E^., of
Coluiiil.uH. Ohio; W. C. Mobley, Esq., Pittsburg, Pennsylvania;
Samuel Merrill, Esq., of New York; D»vid Phillios,
Esq., of
"
Now York; Uoocge HubbaH, Esq., of
York.
referred
enough
New
ff9Xas ft Paclflr.— The period for depositing stock and bonds
nadsr the plan of the Wistar Committee expired July 15, but
deposito will be received till the 30th.
9t,n0,000 of the consolidated bonds
By the deposit of atx>ut
owned by Russell Sage
committee will probably have more than
half of those bonds, and will also have the assent of the
MisMuri Pacific, holding the bulk of the fioating debt. Of the
other imnes of bonds and stock, probably but small amounts
will assent, unless it turns out that a considerable amount of
the N. O. IMvision bonds are yet owned by Mr. Jay Oould, or
and an
ill
estate, the
his interest.
God. Wistar haa addressed a
letter to the receivers, stating
that hio committee declines now to carry out " its former
pt'opoallion to the court and receivers, to protect a quantity of
the receivers' Rio Orande certificates at par." The receivers
are also requeated " to use the rails now expected upon the
Way Qi loans Division." This appears to have been done with
a ffmfm
ot injuring the Rio Orande Division, and if
pomlMft to keep it from having the repairs which are so greatly
needed. But the following was sent to the receivers hy the
chainnan of the Itio Urandc Division Committee
July 13, 1886.
f
:
7b J. O.
Brmmu, Sttritrr Taai if
Pae. R. R. Co., Dallas,
Ttjt.
We nndemtand from an open letter addreaaed you by Ueurral Wiatar
list bU aoiumlttae la onsble, or nnwUUDg, to keep It* eogaxement in
regard to the raeeivera oettlflcatea Jasucd on our dtvlalon. If xuoh la
the ease w« abonld like to be pot In ponltloo to neaotiate for aaine. We
are Mnared lo take at onee from /ou. If not already takrn by othera, tlie
9100,000 required Immediately.
Cbabum M. Far, Chairman.
I
The Stfxkholders' Committee, of which Mr. Clews is a
prominent member, publishes an advertisement advising all
parties to wait until its plan is issued, which they say will be
fairer to all interests than either of those already out.
Mr. Robert Fleminfr, of Dundee, Scotland, arrived on the
Jfar.
Jan. 1 10 Uay 31.
1886.
14HS.
I""*'!.
1895.
11th Inst., and is re|K)rte<l hy Kiernann Hummary ot Thurs<inm samiaas
903.017
9^1.771
93«»,t44 day aa saying, concerning the Texas & Pacific reorganization,
93:>4.110
OpetaUaK •Sfsaaca..
5»,«30
5«J>ft3
.iOi.HiS
271315
that the London Oimraittee, whom he represented, had almost
9tfmntmm
932,187
934.817
9106.390
9ie.619 94,000,000 of Rio Orande Division Bonds under their control.
They
were held by a (ew strong people, and would act as a
Port Worth A Row Orleoaa.—The Fort Worth & New
Orleans Road was oompieted to Fort Worth, and the first train unit. Although he bad not joined the N. Y. Committee, they
were co-operating, and, if neceesarv, would flKht together, in
ran July 10.
evidence of which they had agreed to take the 9100,000 reLoolsTillo * NashTllle.—This company has oold fWO.OOO of oeiven' oertificates.
ill 10-40 adjoatment bonds for the purpose
Tbhy also had about one-fourth of the New Orleans Division
of payinK for the
Yesterday, on the sugcoat ot changiag the gauge of the roa«I and for oiher purely Bondholders, who were dUsatigfled.
capital outlay.
gestion of two members of the Philadelphia Committee, he
bad a conference with Oeneial Wistar and his Committee.
LoulsTllle New Orleaao ft Texai.—Tho grosa and net
From the feeling expressed at that meeting Mr. Fleming
earnings for May and for Bto months were aa billows:
said he was not without hope that some satisfactory solution
Mag.
—Jan. 1 loJtay3\.— of present dilllculties might be reached. In any case, as to
1S86.
l^id.
189^
1985.
the terms for tho Rio Orande Division, his friends in London
... 9103,601
973.613
946<l,083
9620.798
had definitely made up their minds that; rather than accept
Ofwatkc axpsaan. ... 88.639
73.413
lOt.aOO
513.306
them, they would take their property. The receivers and the
915,019
93,200
901,783 Division Superintendent had reported to the Court that, if put
«ll«li93
Deaver * Rio Graode Weotern.—The grai and net eamiagafor May. and from Jan. 1 to May 31, wore aa follows
.
—
THE CHRONICLE.
74
in order, the road could very soon so improve its earnings as to
cover almost the full interest. The road ia new and the business along its line is increasing very rapidly. If put in order
it would get a large amount of through traffic which is now
driven from it.
Toledo St. Louis & Kansas City— Toledo Cincinnati &
St Lonlf.— Kor the information of bondholders, the following
statement ha-i been obtained from the office of the company:
St. Louis divisions of the
, The purchaeers of the Toledo and
Toledo Cincinnaij & St. Louis Railroad Company organized
The Toledo Uupont & Western Railway
three companies
Company in Ohio, the Bluflfton Kokomo & Southwestern
Railroad Company in Indiana, and the Toledo Charleston &
St. Louis Railroad Company in Illinois, to take title to the
sections of the road in those States respectively. Those companies were consolidated June 12lh, 18S0, under the name of
the Toledo St. Louis & Kansas City Railroad Company, and
on the 19th of the same month the new company authorized
the issue of |i4,805,000 in preferred coupon stock for the
purpose of exchange with certain first mortgage bondholders
of the old company, represented by the so-called Quigley
Committee. This preferred Btock is a lien after the first mortgage bonds, and is entitled to 4 per cent interest after July
All back coupons repreIst, 1887, but is not cumulative.
senting unearned interest to be surrendered on payment of a
subsequently maturing coupon. The company has no power
to create any other mortgage on its main line, nor to increase
the issue of pieferred certificates without the consent of twothirds of the preferred stock present, at a meeting to be called
:
for that purpose.
The is.-ue of ^13,250,000 of common stock of the new company was alto authoriKed, to be exchanged share for share for
the stock of the constituent companies above mentioned; and
$9,000,000 of first mortgage 30 year 6 per cent gold bonds
were also authorized and directed to be issued on June 19, the
advertised notice reading "Said bonds and all of said stock
mentioned are to be, und will be, issued for the purchase of all
of said property, the broadening of the gauge of all of said
road, furnishing the same with motive power and rolling
stock, paying debts, discharging underlying liens, for exchange with certain holders of securities in the companies
heretofore owning said property, and for other corporate purposes."
feature in the nenv first mortgage bonds is the
reservation by the company of the right of taking up the
entire series on the first of June and first of December of any
year, by giving six months' notice and paying f 1,050 for each
:
A
bond and accrued
%he
fVOL. XUII.
CfDcrmmcrcial
%imts.
COMMERCIAL EPITOME.
Friday Nioht, July 16, 1888.
Labor troubles have again ceased to be conspicuous, and fair
progress has been
made toward
the coming season.
articles of
the opening of active trade for
Through the
effect of recent strikes
many
manufacture are comparatively scarce, for which
values take a
more
satisfactory range.
Crop accounts have
continued somewhat conflicting, but generally have not been
of a character to encourage the continuance of speculation
A severe
looking to higher prices for staples of agriculture.
drought in the
New England
States has been relieved
by heavy
rain.
The speculation in
lard,
though stronger, has been dragging,
and the fluctuations in prices were without much importance.
To-day the market is weak, and the close this afternoon is at
0'82c. for August, 6-91c. for September, 6-77c. for October and
6'64c. for November.
Spot Isrd has been dull, with prices
showing irregularity, closing to-day at 6'35(a6*40o. for prime
city, 6 8i36@6'87i^c. for prime to choice Western and 7c. for
refined for the Continent. Pork has been quiet but firm, closing at $11 25{3$11 75 for new mess, $11 75(a$12 75 for family
and $13 25@$14 50 for clear. Cut meats are somewhat unset •
sled; pickled bellies, 6,5^(a6Jgc., pickled hams at ll@ll}^o. and
shoulders at 6(36)^0.; smoked hams, 12@ 12J^c. and shoulders 7@7J^o. Beef is dull at $7 75@$8 for extra mess per bbl.
and $12(a|13 for India mess per tierce. Beef hams are dull at
$21 50 per bbl. Tallow has been active and firmer at 4c.
Stearine is firmer at 8@8)^c. and oleomargarine in demand at
Cheese
6J^c. Batter is firmer at 13J^@18)^c. for creamery.
has been firmer, but closes quiet at 6@8)ic. for State factory.
The swine slaughtered at the principal Western towns from
interest.
No securities of the Toledo Delphos & Burlington Railroad March 1 to latest dates numbered 3,155,000, against 2,810,00
Company or the Toledo Cincinnati & St. Louis Railroad Com- for the corresponding period last season. The following is a
pany will participate in the new organization, except first comparative summary of aggregate exports from October 26
mortgage bonds of bondholders who are subscribers to a to July 10 for two years
:
certain trust deed dated April 9, 1884.
Holders of Trustees' Receipts for deposit of first mortgage
bonds T. C.
St. L. R. R. Co. shall receive preferred coupon
stock to an amount equal to the amount of such first mortgage
&
bonds deposited by them.
Holders of Trustees' Receipts for deposit of first mortgage
bonds T, D. & B. R. R. Co., main line, shall receive preferred
coupon stock to the amount of such first mortgage bonds
depoeitf d by them, to which amount shall be added a sum
equal to 50 per centof theamountof such first mortgage bonds,
excluding interest.
Four thousand dollars per mile of first mortgage bonds have
been reserved for the purchase of new equipment, and provision has also been made for the payment of interest for two
years, so as to enable the Company to put its entire net earnmgs for that period into betterments and permanent improvements. The entire work of reconstruction, providing for a
first-class railroad in every respect, laid with steel rail of not
leas than 60 pounds to the lineal yard, and changing the
gauge, has all been contracted for, and the work is now
The otHcers of the new Company are
President; George L. Bradbury, VicePresident (formerly Vice-President of the Peoria Decatur
Evansville R. R. Co.); and Isaac W. White (formerly Cashier
of the Chase National Bank), Secretary and Treasurer,
actively progressing.
James M. Quigley,
&
1885-6.
lbs. 30,937,200
lbs. 343,018.824
lbs. 206.120.615
Pork
Bacon, &a
Uu:d
is
1884-5.
38,296,01)0
Deo.
7.3=i8,80O
318.441,7;9
210,815,112
Inc.
Deo.
24,577,105
4.694,467
Coffee on the spot has been dull and drooping,
unsettled at QfgC. for fair cargoes of Rio.
and the close
Rio options
declined sharply, but partially recovered to-day, closing this
afternoon with sellers at 7 85o. for July, 7'90c. for Aug.,
7'95c. for Sept., Oct. and Nov., 8o. for Dec, and S'Ooc. for
January
4 13-16c.
and
Raw
February.
for fair refining
sugars
Cuba and
close
easier
at
5 7-16c. for centrifdgal,
Refined sugars are rather cheaper. Molasses is
Teas have had a fair sale,
Kentucky tobacco continues quiet and nearly nominal.
Seed leaf has been only moderately active, and sales of the
week are 1,150 cases, including 100 do. 1884 crop, Pennsylvania
Havana, He; 800 cases 1883 crop, Pennsylvania, 9@13>^c. 100^
cases 1881 crop, Pennsylvania, 10}^@ ISJ^c. 150 cases 1885 crop,
96 deg.
test.
quiet at 18^c, for 50 deg. test.
;
;
Wisconsin
Havana, 10>^@
lac; 100 cases 1884 crop. New England, 13® 18c., and 150 cases
IVabngh St Lonis & Paciflc— The gross and net earnings sundries, 5@20c.; also 400 bales Havana, COc.@$l 05, and 200
for May and for five months were as below. Thfse earnings
Sumatra, $1 30@$1 60.
are based on the mileage actually operated each year, the bales
The speculation in crude petroleum has been dull, but with
number of miles being considerably less in 1886 than in 1885;
but some of the leased lines that have been dropped were un- a reduced flow from wells and the prospect of an increased
prafitable and did not earn tneir expenses in 1885.
export, closing this afternoon at 65^ @ 66c.; crude in bbls,
quoted at 6(a6J^c., refined in bbls. 7c. and in cases S%@i>Jic,;
-May.
Jan. 1 to May 31
1888.
1885.
naphtha, 8J^c. Spirits turpentine has been cheaper, a large
1886.
1885.
Oroea oamlnge
$PB9,2'13
$1,060,017
$1,979,225 $5,9J6,570 sale being made at 33^c., at which the market closes.
Rosins
Oper. expenses
, ...
820,783
1,027,895
3,922,690
5,593,89'^
have continued quiet at $1 02J^@$1 05 for common to good
NetcartingR.... $137,460
$41,122
$956,535
$362,678 strained. Wool is quieter. Hops have further advanced en
Wabash St LonIs & Paciflc— Havana Division.—At bad crop reports.
bpnngfleld. 111., July 9, a decree of foreclosure and sale was
The interest in metals continues to centre in block tin, which
entered in the United States Court against the Havana
has declined, and sold tj-day at 23'lOc. Other metals are
IJivision of the Wabash Railroad, extending
from Havana to
gn^Pf' Kn, and from White Heath to Decatur. Mai. nearly nominal in this market, and reports from the interior
murord Wilson was appointed special master to make the are less favorable.
sale, which will probably occur September
Ocean freights have been dull, and rates for grain to
2, next.
The
aggregate length of the road embraced in the decree is
131 British markets are down to 2d.@2}4^., but 3^d. paid to
'"*'^®
"
''' default of the principal and inter"T^'
Antwerp and 3s. per quarter for a steamer to Lisbon.
est of .v.
the mortgaze known as the Havana Pivision
mortgage,
and which amounts at date to $1,000,3):8. The sale wiU
be Petroleum vessels are scarce at 2e. 4>>^d,@2s, 6d. for refined to
eubject to a prior mortgage of $405,000.
leading European ports.
,
,
.
—
Pennsylvania, private terras
Havana,
;
150 cases 1885 crop,
8(3 9c.; 100 cases 1884 crop, Wisconsin
JCIY
THE CHRONICLE.
18M.J
17,
COTTON.
In addition to above exports, our telegrams to-mt^ht also gi^T
shipboard, not cleared,
»t the ports narael.
add similar tigures for New York,
which are prepared for our special use by Messrs. Carey, Yale
t Lambert. 39 Broad Straet.
M the foUowini; amounts of cotton on
FMDAT.
P. M.. Julr 16, 1888.
Thb Mowxxst or tbk Crop, as indicated by oar teletfnmB
trim the South (o-niRht. is given below. For the week ending
this evening (Jutj 16), ibe total receipt* have reached 9,171
bales, against li,9M bales last week, 13.510 bales the previous
week and 14,303 bates three weeks since; making the toul
reoeipta sinoe the 1st o( September. 1885, 5,':83.8a8 bales, against
4,719,131 bales for the same period of 1881-85, showing in
inoiease since September 1. 1885. ot g<3.737 bales.
Ste^pUai-
Mtm.
31
20
M
3<C
12S
S
753
13
787
3
383
10
103
318
428
107
84
33
1
1
S
5
44
141
SO
19
1
—
Raj1,iu
38
81ft
827
19
6
133
6X7
152
5
8
1>
833
305
43
133
400
884
62
384
3,660
3,660
66
i's7
47
ft
18
VdrfOIk
13
WMtPDlnt,Ae
Krv York
miadelp-a. Ae.
37
XMaistkUwsak
838
1)
39
lOS
28
1.3«3{
1
s;8
»»8
1,731
9,471
4,09
week 's
gire the following taNesaowmguie
table showmg the wees
Foreompansoa. we giretbe
total reoeipts, the tot^ siaoeSept.!, 188S. aad tbs stock to-nigh
ad the same items for the ow iespomi iag periods of last tmi
tms46.
fMf
IMS
Wmk.
Wmk.
OalT«stoa
406,
809.910
781
S,4&9 I,7Sa.n9
81
lUMlS.......
Rsilda.. ....
BsTsnaak.
tS84-aft
1,1889.
lil
swOttoaaa
173
7
900
..
1889.
8
153
9
83
ft
91
14
94S
p..int.<fce.
WO
Wl
Y.>fll...
63
S3
40
tia
808
919
M*
3.880
66
TbUI
0.471 9,2<IC.<»«8
396
..139
1.901
9
t08.>>4»
187.148
9,346
9.189
6Ji0
oramymh
3.788
6.235
StnetUtd..
SII3,05j,
M.076
4t.S49
93.413
1889.
1M4.
llswOrlaaaa.
3.499
81
Bsvaseah
•8
8
•7
9
8i7
819
9
400
384
(-har|-*|-a,Ae
Wllm'Kt'n.Ae
Korfolk
W. PulDt, Ac.
AUotbacs ..
T/l. thUv'k.
134
990
4}
3.803
41
1,115
MO
87
794
103
7
111
951
188
S.0M
1,110
9.471
1,972
3.810
83
Ma4
8.80>
9,904
2.717
4.736
82
83^
336
633
«,001
687
6
1,001
2,577
998
39
«2-.
9,004
9.347
.i»,\i>n
^m,^,
M
au
mattM 37,Mt9 wefB to Oreat Britain,
Kranoe and 7,482 to the rest ot tha Ooatinent. Below are
week and sinca Beptamber 1, 1888.
Wmk. BmM
M. L last, !• /yl( U. W «.
l*SI»SHIIt.
Wrmtu
1
OtaMt.
IMal
Mt.
fTMft.
IMK.
MUtlX
OttlTWtoa.
4.'l«
::;::
iin
iust
vT.Moaa
47.4 IS
......
'iiu
iJiiM
64408
1^40
14181
'xm
\jan
l.TW
t
l.OIS
MAf
4AI.VI0
S34.su
Hfrrt.
.,
.
halMloiialt.wktek
...
233.733
1.178
Sat.
ttoodom..
8*,«
MlddUnx...
Oood lUd
Scr.U-dMM
8».,
lut,a
lu:^
mdd'itPalr 10\
'UH
Fair
_
?-..
>>»..
8*,.
8H
9^
8%
9ia
9^
9>a
!.»„
101,,
1
7'a
7»i«
84
9»„
MM UH
l^'"""'-
-"•
O'u
9I|(|
oi,»
Oif
9«,t
M
iOiin
HIS
•Udd'sFalr lUH
9lr <4'dMi<l
M
>.
10
8l>l«
B»,«
8l>u
9*4
9\
9^
*••
9»«
76„
7''n
8>1
8<«
9\
Frt.
We«
74
711
7XK1
8hi
8'u
84
9'4
81»T»
9*,.
9»ii
n-i
»>*
9>t
«"in
10>M
10>iii
8l>M 6»i« 8'»
9»i*
9«ii
9^
B^
10>4
!(>»>«
lO^.ll
*lb.
trietOood OrdlnaiT
...............
HidiUinx...
74
74
84
7»i«
7*i«
8l»i,
8>»i«
9^1 9*u
O'm »*a
194
9\
104 il04
11»„
U*„*
Tta.
FrI.
0\
'.%
7',.
8>«
7'.«
9
r'
MABKET AND
74
S'm
9»iii
9I>|«
104
9%
107r
6%
Via
84
B'a
94
94
»"li.
7' is
74
fit
8'i
94
94
104
10:>,«
l03„
10»,.
10 4
104
lO's
lO's
114
114
lon„
114
nmu inon^Taes
8TiUMIiI>.
Low jiuhuuK....
9%
.
raon|Tn«s
"74~
lOis
10il„iolii„ 10l>i« lO^a
1l».. lit,. 11»,- ll"*
Oood OrUnarr
94|<i
7'i«
10
10S|a
84
7i«
7»|«
8li
9»«
Wad TU.
rri.
SIr.O'llOrd
H
w,,
IX.
7>«
7»,«
10>4
10>4
104
lOB., I0<,. 10f„ 10»14
lo'i,, ioi»„ 1016,, lOI'l.
ll»,o ll»i. 11». ll»iA
lu^
10%
7>i(
S"*
gli,.
e
7»i«
I0'„ 10'4
10^
10%
7%
n%
airtelOrd..
Oood Ord..' S»,«
7".
9a,«
1lt>,.
We« Tb.
6%
Frt.
6"ia 8Hl*
7'i«
§**
7%
7H
8l4,«
«.>i!a
8S|«
BA1.B8.
The total sales and future dellTeries each day during the
week are indicated in the following statement. For the conrealBiioo of the reader we also add a oolumn wtdcb shows at a
gianoe how the market oloaed on same days.
SALSs or sroT akd TBAnrr.
port,
B«t.. Finn....
...a ...I
Hon.
ateaily
roaa. Eaaler
lump'irrn M.
450
1,209,
....
I.IM
at sea
..
fUTUKBS.
"»»•
1,650
1.198
1,300
1001.200
216
....
828
338
.....
4.808
i«e 141
24:',723
TEXA8
Sat.
8>ai.
8*11
»'»
Ordln'r.fk
-l...
KEW ORLEANS.
at.
?^
Wed Tk.
f».>.^.
1
_i
2,825 4,480
»;.i.iB Lnji.*)!
None.
None.
—
IMaL
.1 BrJtalD laoliido 41,206
Bntaiu tu BalUo poru.
w«« reexported traoi ureat
5.641
9.8^9
7fl6,MB
lTu.SiS
ia«.4ii
«.iti
-I
I
98
SO
•§.«•
78.11$
~»» 107JS4 l.8n.MS 4.ITS.7S6
.
26lii43
2,449
3.10O
m
IS>4I
Itl.ll
26,9(17
500
3,275
mtjM
l«SM«
1,015
2,5^4
6,576
Wad. nui and eaav...
nian 8Mad7 •iiadeo.
l)aletand Brm
41.7m
MM
5uO
4.90O
tlS.SM
M.48S
Jno M^IM
air
1.71*
iai.aM
•1T.SM
MlliM
IS.iiOO
5.t>0U
18.176
4.6R7
2.748
6.618
3.766
3.935
192.749
*^
29,160
900
41.4IS
•""—
600
25
20,152
IISJ4S
»9;i.MI.S4«
..«».
5.642
None.
500
25
None.
None.
None.
None.
NJll
I
490
None.
BOO
Hone.
\,'>2i
the erports for the
Ona
None.
Nuue.
None.
None.
None.
Rone.
4.400
Btoek.
Total.
None.
None.
10,000
5,030
nPLAlTOe.
JulglOla
AMVIIU 4844.811
ma
iei*e.
saoh day of the past week.
19,363
9741. W7
iadi«a<>U; ckarts
laaiadss Fart RoVai. *<.
*•»*
Wsst
""
*
atr.*«-S
Mattadadsa
Point,* .
JlL'!l
axporta for to* wsak oDdiac f"" •vantng reach a total
iiioa*
Ooa*t-
—
'•'-
9.190
None.
Muna.
Nour.
None.
None.
None.
—
.
1881.
3.331
197
4
3.430
14
47114
0(
to
1S8S.
107
3,152
None.
Nuoe.
Leaving
OUur
^ortiffn
7,305 bales. Including •i.tHH for export, •1,180 for consumption,
for speculation and
in transit. Of the above,
bales
were to arrive. The following are the official quotations for
U.907
8tr.O'dOrd 8%
LowlOld-s
tmjIlS '339.374 Str.L,*w Mid 9>a
»H
we
n-anee.
The speculation in cotton for future delivery at this market
has shown leas spirit for the week under review, and a material
d-cline in prices. The adverse reports from the AgricuUural
Bureau and from the National Cotton Exchange regarding the
condition of prospects of the g^wing crop on the 1st of July
were regarded as somewhat exagg:erated, or at least modified
by tha recent brftter weather, and proved to have been wholly
" discounted " in the views of speculative operators. A heavy
selling movement followed, promoted by lees favorable reports
from Liverpool and Manchester.
Under these influences the
advance of last week wss fully lost. Yesterday, in tbe later
dealing*, there was a sharp reaction toward better prices.
To-day the Liverpool report, though stronicer, was disappointing to tite " bulls," and yesterdav'a late advance wai lost; but
there was a partial recovery ana a feverish closing. Cotton
on the sp jt was active for home consumption, with a moderate
export early in the week, but became quieter, with prices
favoring bayers. until yesterday, when at a declme of 1-lGc.
then was a revival of activity for export. To-day the market was steady but quiet at 9^c. for intddliog uplands. Low
gradea ato becoming scarce.
The total sales for forward delivery for the week are 459,000
bales.
For immediate delivery the total sales foot up this week
710
-
1.972 4.7ll>.13t'
Oslvsst's.te.
TV
The
Total 1889
1.293
laordarthMouauiansunmi^ oemade with other j^ean,
giT» bolow the totafi at leading ports for siassMoos.
II..
Total 1886.
S34S
M-tita4C ,JU
N«rf..llc
Boatnn
Balttaoiv...
l>Uladal'%*B
«eir York
Otber porta
8,Ma
•
Britain.
Niine.
8
20.716
4.372
3
1.560
10J97J
M7
.
3»vMuiaIi
ialTsaton
forfolk
33.818
4,«87
3
70.i05
720.497
6
..
w
HobOe
1.341
sav.ifti
FtJtaralAs
WUoilnxtoa .
N.
.'ievOrleaaa
8.7«6
458.438
11X>13
1,8 13.797
34
*
S8
837
UM.
1,18«4.
B('«w%*e
Ckaitastoo
Ortat
abulaston
406
3,435
81
38
t.3»3
47
"*7
/Mi» la
On Shipboard, 7u>l eUar«d—for
July 16,
Total 1884
Bran*»*k,Afl.
Okarleston
rt
sv
We
Tout
Tkmn.
W»d.
TtM*.
75.
316
2,603
338
mri*t.
95.800
80.700
87.900
72.600
58.700
6H,400
7.305;459,e00
aotuaUy deUvered
The daflr deUvanea «lven sbore a««
prrvloiu to tbat on wlUon tbey are reported.
400
900
1,400
300
300
400
3,700
the dajr
THk Balsb and Pbiobs of Futuium are shown by the foUowiQg oomprMhenaiTe table. In the tatement will be found the
laily market, tbe prices of sales for each month each day, and
tbe closing bids, in addition to the daily and total sales.
THE CHRONICLR
76
Bit
lift
SwgtN
1^
ZLin.
Tex Visible Supply of Cotton to-Dif;bt, as made up by cable
knd telegraph, is as f oUowb, The Ck>ntmental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought down
But to make the totals the oomDlete
to Thursday evening.
figures for to-night (July 16), we add the item of exports frcm
the United States, including in it the exports of Friday only.
f 3t|
PI
*S3S/?
?ioS"< lift
It''
i
[Vol.
1884.
861,000
55.000
1883.
1886.
1885.
bales.
627,000
18,000
812,000
23,000
Total Great Britain stock .
Stock at Hamburg
Stock at Bremen
Stoek at Am»t«'rdam ..........
Stock at Kotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Qeuoa
Stock at Trieste
615,000
S,800
40,000
25,000
835,000
300
1,600
400
900
148,000
7,000
64,000
19,000
11,000
185,000
4,000
58,000
9,000
11,000
3,400
215,000
0,000
71,000
12,000
12,000
8,500
134,000
9,900
79,000
18,000
12,000
Total Continental stocks
319,700
361,000
417,600
350,400
Btook at Liverpool
Btook at London
4,300
45,400
43,000
991,000
46,10 J
916,000 1,037,100
6,200
3,800
70,000
48.900
34.000
51,000
2,300
1.000
Total European stocks
India cotton afloat for Europe.
964,700 1,196,000 1,363.600 1,387,500
186,000
115,000
229,000 256,000
99.000
69,000
Amer'n oott'n afloat for Eur'pe
69,000
80,000
26,000
31,000
Egypt.Brazll.&catttforE'r'pe
7,000
4,000
253.622
337,676
239,374
Stock in United States ports .. 288.815
60.885
20,471
23,679
55,172
Stock In U. B. Interior towns..
4,508
2,200
4,900
2,300
United States exports to-day..
Total vUlble supply
10,908 1,646,045 1,978.201 2,141,248
1,
Of the above, the totals of American and other descriptions are as follow s
American—
458,000
220,000
99,000
288,815
United States stock
60,885
Umied States Interior stocks..
4,508
United States exports to-day..
Liverpoolstook
Continental stocks
American
^
ceo
wu
s
coy
®:3
*<
00^
•*
*qyM^
I
I
OsOu
CD«oCO COCDoCO
wccc^to kowOK*
0&
OJ
tffctffc
»
COM
coco
CdCO
4
S
<ee
^
ccte
'
I
to
cbcbOQo
CO
toco
!J
NicoOto
»C0
QD
CPO
CC
<e<p
5
«o<o
:
CO to
9i*:
io<co<o
I
I
toto
wwow
^
<Bt0
totooto
OCj^
m
>-tO
O
<oto
1^
toto
5^
CDtOotO
I
«»:
,
COotO
WW
tOQO
9
*<
!^
**
1*^1^
«0.
o
I
A
w
toto
Ota
o
coto
>
10
I
or;
totooto
COtOo*^
tOtPQCD
CJtC^^CJ<
CJi|(iO|^
cJ'Cn®
0*0
toto
do
If
l«
0«
tffcOO
<1
5
toco
5
»
do
Wb3
s
•*
**
:
tOCOoCO
6d©d
COCD
1^
Wt3
**
I
CO
,
-
:
1^
-id
I
2
«.»»;
»-
cotoOto
s
Ifc**
toto
.
.
CDCO
wto
I
9
**
Z^O*
Or^OO
I
a
:
O
coto
'^
dd
9
9f-:
COtOotO
I
I
tcto
!q
wco
s
Of-''
I
to
tOtOotO
totooto
^CdOco
tPCH
O
WCoOco
*>0J
o>
toto
coco
00<l
^
s
^
toto
1^1^
a
COtOoCO
coi^O)^
WW
too*
»-
toto
5
a:
9r:
totooto
00
9
6\tjl
-JO
**
la
:
totoov
I
a%
a:
odd
KO W
tcep
tcto
5
o'w
I
**
to
cococco
I
I
a
to
,
2
M
:
oto
OlO
*^
9_m:
totogto
-job§-5
I
I
la
I
a:
1
I
I:
1
coto
5
coo
s
"^
od
-j
ill
OS-*
ar:
'
od
i
o
ff
__c^- «
si^"^'
a
-
I
I
2«; i«*M
-
-
i'-najf^fa
o
9
?! Pi
2
!
i
QDlfrW
i
SSfS; PP: &
11
M-
oiMCo
h-c»o
tu;
a CO CC ao<q H o Qo a v><
to
tptcoo
coik
H"
06
s
o MO** ^50 pi
C; c; o i" a cn 01
-^ JO
Oi
H- 01
•^ C3
•-•
itk.
tOif^
Cb CO
»-•
»en
to CO iC^ -^ to C^ 00
a
1^ CC to 00
Mpffi<jpj»C;tC0ppQCrfi»eDCCiMClj7i_J0
c; o <i 05 roVo wic bi T-'i- Qo'^'wwoi x'(C»
t-Cn*»>tOi0(XOl'-'^CD<lCl0CO>-lO«5C0:D
ccrf»»tococoooi-'tar-o>yr-iufcoc;x®os
^s
V
to
tJ:
-
•-•
U A OK
b h'
:
cots
I
:.
;
COM!-"
coto
toto
OOCn
I
t^.
fcO
^^<l
Cno:
o 00 *» o H"
y-^oo-
rfk
.
Vl
MMO
CO
1— h- *K) 00 W
iJi.
1-
oco<oyoocflO<i
9
**
:
K
totooto
U to CO
OO'
osH*'
h-QOCT'ac;':
CO
Oi^ocoif*-.
oo«qt-*ao.
lUtO
cDco:o
•
cjtto;
too>
Ul
t-i
CC
iP^
•
COCD^tO
"J-'w H* Qi to t; *'
ooD'
m; tOQo^c;ih-a*>-50
coto -J
«-Qicco(-'toosy
a
September, 1885, for September, 130,200 SepteinJ^^Ootober, for October, 301,700; September-November, for Novem^,
for iJecember, 928.200; 6epteiubor-JantzSr.' Sei'tember-December,
J»n"'"-y. 2,004.2ou; September-February, for
Februarf
T^A/vSj;
'"• March, 1.745,400: eeptember-Aprn'
JsS a"-?^',^'A"*""""'-*'»''*"'
in
HHW-p?*-
^
tcto
-J-5
ce-j
^toolndes sales
—
ccob^ob
a;
—
week and
K
totooto
I
719,500
the movement that is the receipts
since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1884-85 is set out in detail in the following statement.
for the
IJ
»'
a
800,600
1,131,208 1,157,015 1,177,601 1,421,743
a«:
o
eocooco
489.000
-46,100
xtooto
*<
«.":
coto
5
479,700
257,000
figures indicate a decrease in the cotton in sight
of 35,137 bales as compared with the same date of
1885, a decrease of 367,293 bales as compared with the corresponding date of 1884 and a decrease of 530,340 bales as
compared with 1883.
SI';
totogto
-jjfc.
5
*•
:
toos
I
cJicnOc^
129,400
256,000
31,000
At the Intkkior Towns
5
I
9
S
323,000
55,000
167.600
229,000
26,000
CnOiji.
coto
I
do
MIC
229,000
23,000
118,000
115.000
4,000
The above
o«
W — w^
5 coco 5
169,000
18,000
98,700
186,000
7,000
Onight
'i
totooto
23,679
2,300
32,000 bales.
o
l-M
4
MW
I
20,471
2,200
734,000
221.000
69,000
337,676
55,172
4,900
^* The imports into Continental ports this week have been
coa»o=o
ifLiuOiu
if^QO
538,000
280,000
80,000
253,622
1,610,908 1,646,015 1,978,201 2,111,248
Total visible supply
6i4d.
5'sd.
S'lad.
Price Mid. Upl., Liverpool....
S^ied.
9»40.
lie.
lOo.
PrlceMld.Upl., New York....
103,tc.
^to„
COtOo®
II
I
to to
••:
ddod
d-i°d
OCOO
<]
00
UO
-i-5
8»;
5
cpto
toto
„to
<
2
**
cotsSto
obcbocc
»o
00
xco
o<? COtOctO
od
c^docji
M coo to
coco
:
I
a
CO
&o
TotalAmerican
Cnc^i
WM
:
Total East India,
lOco
couOco
583,000
243,000
69.000
239.374
1,131,208 1,157,045 1,177,601 1,421,748
Continental stocks
India afloat for Europe
Egypt, Brazil, <bc., afloat
9<o:
totooto
iili^©j^
coto
tccbccd
I
weotpw
WW
U CCWWM
CBm
^1
§to
»«
Total American
Kati Indian, Brazxl, <fc.—
Liverpoolstook
#0.
a
CO
00 -Jm^
CCX/M
8«;
I
e
ecu
-
fibcoOto
I
Londonstook
coco
s«;
CCCT
tOOJi-i**
»<>:
CDOo^ ^^Q^ CDC&O^
towOw wcoOci l^l(*.OW
o w<i w CM go
<DCDo^ <0ttO<0 ;DCOo^
''I
I
ODC''
S
coto
MMm^
ooj:
bales
afloat for Europe...
:
Sin^fjSl^
e«o*"'<>ll<>'rtng the abbreviation "Avet.'' The
SJii^^S?-^**"
•varage
foreaoh month for the week ts also given at bottom of
table
3*»DBfer»bIe Orters-Baturday, 9-60 0.; Monday
9-50o.Tueedav
^^««<**y'
9 i5<M Wednesday, 9-4&C.; Thursday, 9-50c.; Friday, 9-500
The foUowiiiir exohanKes have been made during the week•08 pd. to ench. 300 July for Auk.
•03 pd. to exch 200 July for
Aug.
•22 pd. to exch. lOii Nov. for Aug.
•11 pd. to exch. 500 Dec. for Aug
•10 pd. to exch. 500 Dec. for Jan.
•13 pd. to exch. 3,.'>00 Dec. for Aug.
•17 pd. to exoli. l,20(PDec. for July
•04 pd. to exch. 500 July for Aug.
•20 pd. to exch. 200 Dec. for Aug
•03 pd. to exoh. 100 Julv for Aug.
•Oa pd. to exeh. 200 8opt for Aug.
•14 pd. to exch. 800 Dec. lor Aug.
Even 200 Scptemlier for January. •01 pd. to exch, 400 Jan.for
Aug.
17 pd. toezoh. 1,500 Dec. for Aug,
It
fcO
HMtO
hH«
ip.
OlODCJOa MA cocoa H* lb to ^ rf^ »* ->J Ot
M 00 CJ< tOJOp © COM rfk CO C tf*-® p CJO CS M
MWM
eo to V co"*— 'to H
(D to yt *-
"loia'aed'ln the above Uble, and shall oontlnne
wSr».,^J"*TS
the Bvenweprlce of fnturee each day for each montheach
O CO M 00
'-'
"cDO*'"to«'xwowVci'^ico'y'QDOtocoai
SCOOicncooO
C0C-.030>O»-*OOC0O0iCl05a:^->^CJ»<Jiffc
i^c;<OOcna3
Oa
to
VI
to
'
,
M
!-• »-•
CO Oi^ OaOa
OSCO
to;
h'tOCOCO)
I^^ICOl^.
!*>•
c;t
05"*0
if-
•
i"".
MM;
a>W
O:tOC;>UC0
•kI
1^;
I-.
CO
tOi-ib
M
oiuia-^ucota
Oo o oM
M W O 05 COOO CA
00
fF^lo;
ccoooto^ib-Ji^Oto-
I
•
:
•
^t^i^
i"
*qsOHCDato'tb
OitO«4aiit>>or
to to ;;« CC
oX
M
)(>'
-J
ihe abuVH totals sUow inai lae old interior aoucks uove
decreased during the week 7,797 bales and are to-night 40,414
JULT
THE CHRONICLE"
17, 1886.
more than at the same period last year. The recuipta at
the Mine towns hare been 3,907 bales more than the same
week last year, and sinoe September 1 the receipts at all the
towns are 724.017 bales more than for the same time in 1884-5.
bales
QnoTATioNs roR UiDDLna Cotton at Otheb Markstb.—
in the table below we gire the dosing quotations of middllns
Mtton at Soathem and other prindpiu cotton markets for eacn
<^y o< the past week.
aumao QOOTAnoaa roa taooiao oonoa o»—
July la.
9
9
9
9
9>t
»*l«
•
9
9
r»
VewOHaaaa.
8%
8%
8^
9«4
9%
RorMk
9
9
r-
f
9
9
8'^
8'il
8'i.
9^
9S
9I«
9>«
9*4
9H
9H
22*
?i*
S^«
91«
Ti'
8'»
9«t
9**
9>«
9>«
Balttmora..
8^^
8«t
9<t
9>«
JH.
Thtirt,
9
9\
2*
9
9
wnmlactsa.
WMiuf.
Am*.
Hon.
Galraaton
»\
9«t
9^
77
thermometer has averaged
86,
the highest being 93 and the
lowest 71.
Luting, Texas.—We have had
rain on two days of the
week, the rainfall reaching five hundredths of an inch. Good
prospects. The thermometer has averaged 85, ranging from
68 to 98.
Columbia, Texaa.—There have been beneficiilrains on two
days of the week, the rainfall reaching seventy-six hundredths
of an inch. Crops are magnificent. The thermometer has
ranged from 70 to 93, avera^^g 83,
Ouero, Texas.— It has rained on two days of the week, tlie
rainfall reaching thirty-six hundredths of an inch.
Prospeots
were never better. The first bale of new cotton came in yesterday and has been shipped to Oalveston.
Plenty niore
will follow soon.
lowest 09.
Average thermometer
86,
highest 99 and
We
»
Sr*itham, Texas.—
have had rain on one day of the week,
the rainfall reaching thirteen hundredths of an inch. Cotton
does nicely. The thermometer has averaged 87, the highest
being 99 and the lowest 71.
<«
»v
BMon, rsoMM.—The weather has been warm and dry all
the week, crops are excellent. The thermometer has averaged
Ofaiclnaaa...|
9^
80, the Ughest beinglOO and the lowest 68.
fi
9
9
9
9>a
ooIstUIs....
9
Weatherfora, Texas.—^ere has been no rain all the week.
FBOM THE Puk.!rrATKMB.—The following table Rain is needed plough cotton looks strong and healthy stilL
the actual morement each week from the plan- The thermometer has averaged 8S, ranging from O-'i to 103.
New OrUans, Louisiana.— It has rained on five days of
The figures do not include orerland receipts nor
Soathem ooasumption; they are simply a stitemen t of the the week, the rainfall reaching eighty-four hundredths of an
weekly morement from the plantaUona a< that part of the crop inch. The tliermometer has averaged 80.
Shmavort, £ou<«iana.— Kainfall for the week fifty-six
which finally reaches the mvkal tbroogh th* oatports.
hondradttia of an inch. Cotton prospects flattering. The
matPwu. 'anm uu tHtr i>i»««. wttfitffm w—fiw thermometer has ranged from 71 to 98, averaging 83.
Cotumbus, Mlssiinppi.—There has been no rain all the
uaa laa*. isw. us*.
ISM. tarn.
week. Good progress is being made in clearing the fields of
• li..
ira MJSa; tl.TDl lUJST
weeds. Th<« plant is small, except in neighborhoods where
4.'
m.m* a^Msiosjn*
IS..
ll.S« sr iasons have been favormiile.
Rain is needed everywhere.
mMi ».*n »MSi
B,m Average tbermometer 79, highest 98, lowest 04.
Joir
a.ns
tutm. Mjiitt mjtn I.1M
Mil
Mtttiatfjapi.—We liave had no rain of consequence
u.sst II.S4]I S8lTll| STjMI
Md in Leumd,
twenty daya. llie weather for the past week was quite
Its'
IS .
una
ST
warm until yesterday when the wind changed to nnrtheast.
-1. That tlM total raooipis from
Tbsabofa
ThathanBometer has averaged 79-8. ranging from 64 to 91.
Saiilanb* 1. tWO, are i^KMS bales
Ultta JZoek. Arkansas.-the past week has been fair to
in 188«-6B were i,T»,lW7 bale*; in 188»«4 were 4.777,773 bales. clear and very warm, with rain on Saturday
accompanied
>.—That, althoosh the reoa^ta at the oatports the past week with strong wind; bat we hear of no damage Uving been
wore 9,471 bales, the aotoal aMvenant from plantations war done. The rain was very opportune and of much benefit
to
only 87 bales, the balanoe beinf taken from the stockaal crops, which were generally dear and ready for it. The
therthe interior towns. Last year the rsoeipta from the plantations mometer has ranged from 07 to 94, averaging 81, and
the rainfor the same week were
balea and for 1884 th«nr were fall nacbed ninety-two hundredths of an inch.
113 bales.
Ualtna, Arkansat.-Vfe have had rain on two days of the
Aaomrr or Oorroii
Shibt July 1<L— In tiie table below weellgjbe rainfall reaching fifty-two hundredths of an inch.
wajriTa the rscriiiU from nla nta rinns in another form, and add C i flB lieeounts are mors favorable but not good. Average
to foam the net orailaaa norement to July 1, and also the ll laiil I 80, highest 94, lowest 68.
lUagi farSootlMn
lo the same data, so as to girf
JfMBBMf, firtMi tnts. —There have been light rains on two
ahstMtiany the
of cottoo now In siaht.
dayavna waek, the rainfall reaching thirty hundredths of
an iVMk Crop accounts are more favorable. The thermometer
1S8»«4. 1894-85. l8»»-8i. Ud2-8a
haasvicaged 80, the highest bving 9:1 and the lowest 08.
«.719,U1 t.79ti.«M&,93a.ll'4
/FosAawe. Tennessee. We have had rain on four days of
the week, the rainfall reaching ninety-seven hundredths of an
•g0.91g
>-..1T.1
SMTtI
47,784
inch. The thermometer has averaged 76, ranging from 67
.777,773 5,97t>48 to 80.
TM. tssstpti tnm alaotataa M3»,34.^
81«.aA«l
»7S.00ft| 637.<»8
BTslOTatlaadtejBlrt
MabiU, Alabama. It tias been showery on five days of tha
yt^BloJVl WOAW UIJOOU 3MjOOu\ 318.000 weak, the rainfall readiing forty-four hundredths of an inch.
TMallaitfhtJalr !«..
a.«fti.aoa •,a9*,o7a 8,«43.s;7!e,B2s.eM On taa oplaads crop accounts are more favorable, and good
progrsM is being made in clearing the fields; but on lowlands
AafMto.....
Mamphto....
S".
9>«
9>«
BVLooU
85
9I«
9^
9'«
J"*
I
.
i
I
Mn
—
a
:
|
I
—
i
i
—
... i.7ai.4a» l,a39.497 l.SS5.134it.A88.ZIt accoanlB oonfliot, being generally unfavorable. The thermomJrtrie ...—..
eter haa laaaed from 71 to 90, averaging 78.
*
DeoreaM boa SaptemberT
Mtmtgoltuh, Alabama.— We had rain on three days in tha
It wtU be Maa br the sboro that the taenmm ta aoMOat In stickt
l»alckt. as aamsMiidvtth lart raa^ Is 8»9.7W tata, the InerMM early part of the week, but the latter portion haa been clear
s» w aijBtit waa .18»»84 Is 80S.4i« kales aad ttelsansaa traa and pleasant. The rainfall reached twenty-four hundredths
l>8il8l >i 4TM9a kaiss
of an inch. Crop accounts are more favorable, yet we hear of
WsATBn BBPoan bt Tw.aOTiFH.— Our telegrams to-night some land being abandone<l in lowlands, but uplands are doing
indicate that there has been some improrement
the weather splendidly. With a cortinuation of the present fine weather
ooBdittooa at many poinU in the Atlaotio and Oulf States, much may be redeemed yet. Average thermometer 79, highbat that at other pointo the rainfall has oontinaed ezcessiTe. est 98, lowest 71.
In the Southwest the oondittona remain favorable, as hereBelma, Alabama.— \t haa rained on four days of the week,
the rainfall reaching one ineh and fifty-one hundredths. The
tofoia.
ffOJasfion, rsasM.— It has rained on three days of the week, thermometer has averaged 81.
the rainfall reaching forty-eight hundredtlis of an inch. The
Auburn, Alabama. It haa been showery on five days of
first bale of new cotton wrived to-day from De Witt County.
the week, the rainfall reaching one inch and sixty hundredtlis.
The tliennomatar has averaged 81, the lU^iest being 93 and We are having too much rain. Com crop looks fine, but actbeloweatTO.
counts frum cotton are less favorable. The thermometer Iiaa
IndUtnota, IVaM«.—
have had rain on foar days of the ranged from 68 to 88, averaging 77-1.
week, tfaa ninfldl naoUng flfty^one hundredtte of an inch.
Madison, Florida, We nave had rain on three days of the
The crop is developing promisinirly. The ttMrmometer has week, the rainfall reaching one inch and sixty hundredtlis.
averaged 81, ranging from 74 to In.
We are liaving too much ram, and weeds are becoming troubleFaUtUne, Tsjmm.— It has rained on two days of the week, some. Average thermometer 83, higheet 97, lowest 73.
the raintall naching twenty-eight hondredtha of an inch.
tfaeon, Georgia. It has rained on four days of the week.
Crops splendid. The thenaomstac bia ranged from 07 to 95, The long wet spell has seriously injure<l lowlands, and in many
avsragfiigSX
crops grass Is said to have too much headway to be cleaned.
Columbus, Georgia. It has rained on one day of the week
BuntnUU, TcaMU.— We have had rain on three days of the
weak, the rainfall reaching forty-four hundredtlis of an Inch. here, but around us there have l«en showers each day. The
'~<pl«ndld crop proapeuta.
Avocaga tlMRnomatar 87, highest rainfall reached thirty-one hundredths of an inch. The ther'», lowest To.
mometer lias averaged 80, ranging from 70 to 88.
DalUu, Te!ea».—yf« have had delightful sliowers on three
Savannah, 9eorgia.—We had rain on every day of tha
lay* of tlie week, the rainfall reaching one inch and thirty- week, but very light, except on two, the rainfall reaching
«van hnndreJ tha, Ootlon is doing fioety. The thermometer seventy-four hunoredtha of an inch. The thermometer has
as avsfagad 87, tha Ui^haaC being 108 and the loweet 70.
ranged from 73 to 93, averaging 82.
Au itim,
Augusta, Oeorgia.-The weather has been more seesonable
II baa rained on one day of the week, the
rainfall rsaehing tweaty-flve hundredtlis of an inch.
The (loss ram), and accounts are a little belter. Orass is abundant.
rop is developbc promMnifly, tlie plant looks strong and All depends on vigorously working the cfop. The plant is
bsaihhy, and
are dear of. weeds and grass. The T«ry small for the season. Com is doing welL Average
^—^^^^—^^——^—^-^—
m
—
Wa
—
—
—
Anw.—
I
THE CHRONICLE.
78
[Vol.
XUII.
This Statement shows that the receipts for the week ending
thermometer 78, highest 95 and lowest C8. Rainfall for the
July 14 were
cantars and the shipments to all Europe
wetk one inch and seventy-one hundredths.
Vltarlexton, South Carolina.— Vf a have had rain on four l.OUO bales.
days of the week, the rainfall reaching eiRhty-four hundredths
MANcnESTER Market.— Our report received from Manof an inch. The thermometer has ranged from 64 to 89, averchester to-niKlit states that the market continues firm for both
aginx 80.
BtaUbnrg, Sofith Carolina.— It rained lightly on two days yarns and shirtings, but that the demand for both India and
and heavily on four days of the week, the rainfall reaching two China is poor. 323 cop twist is quoted at 7i^@7J^d. and 8}4
lb. shirtings at 5s. 7d.@63. 7d.
inches imd forty-three hundredths. We are having too much
rain.
U is claimed that much damage has been done, and we National Cotton Exchange Crop Report for Jcly 1.
hear of some land under cotton being abandoned. Average The National Cotton Exchange issued its report for the month
thermometer 75 5, highest 87, lowest 69.
Wilson, North Carolina.— It has rained on five days of the of June on July 10, and it is summarized as follows :
The meteorological record of June over the cotton belt is in
week, the rainfall re ching one inch and seventy-six hundredths. The thermometer has averaged 79, the highest being striking contrast with that of the corresponding period of last
year. The conditions have been abnormnl over pretty nearly
•0 and the lowet^t 70.
Within these limits,
The following statement we have also received by telegraph, all the area east of the Mississippi.
showing the height of the rivers at the points named at 3 o'clock embracing about two-thirds of the entire acreage under cotton, the raiiifhll has been excessive, the temperature unfavorJuly 15, 1886, and July 16, 1885.
able, and farm work has been retarded and over extensive
Jidy 15.'86. J'ly
lne^.
Feet.
Wew
Orleans*.... ....Above low-water mark.
10
2
Above low-water mark.
Above low-water mark.
16
7
4
.-..Above low-water-mark.
Aliove low-w»M)r-mark.
1
1
25
7
Meinphis
..
HasbvlUe
Bhreveport
iVlokghuot
1
*
16, '85
Feet.
Inch
6
15
2
—
4
4
22
27
8
8
2
9
Now
ark
reported above low-wan>.r mark. Instead ol below Ugh- water
as prior to October 30. 1885.
India Cotton Movkmbnt pbom all Ports.— The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to July 15.
BOMB&T BBCBIFT8
jLtIO
tShipmenf IMi week
SHIPMENTS POR POUB TEA.KB.
SMpmenti
Oreat
Ttar] Oreat Oonti^Brifn. nenl. Total. Britain
1886
'
4,000
1.000
188.51
18841 6,000
18831
2,600
Since Jan.
Oontinent.
Receiplt.
I.
^'X
Total.
5.000 293.000 614.000 907.000
20^.000 45.S.000 6«.i.000
6.606 l«t».000|S9i,000 l.O.-H'.OOO
2.000 4J1,000|751,000 1,175,000
rear.
8.000 1,312.000
4,000 91)9.01 '0
ti.OOO i.soa.ooo
5,000 1,520,000
According to the foregoing, Bombay appears to show an
increant compared with last year in the week's receipts of
4,00c bales, and an increase in shipments of 5,000 bales, and
the shipments since January 1 shew an increase of 244,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the Ist of January, for two
" Other porta" cover Ceylon,
yvaiB, has been as follows.
Xnticorin, Kurrachee
and Coconada.
SMjmenU tinee January
aiixpmenU for the week.
almost entirely suspended for all practical purposes,
causing the grass to grow luxuriantly and rendering necessary
the abandonment of some lands. In these States— embracing
the Cirolinas, Georgia, Alabama and Misi-sippi the bottom
lands pariicularly have suffered severely, and the fertile black
lands have lost much of the prospect thpy had. Over most of
these States the early spring was cold and a bad start was
made. May conditions were not good, and June bas again
lowered them a little and rendered the outcome more critical.
Still, over this area, embracing as it does so large a percentage of upland, with favoratile conditions in July and subsequently that is, seasonable showers, allowing (arm work in
clearing out grass, and the absence of hot, dry weather to
bake the saturated soil and Bco:ch the plants, which have been
rendered unhealthy by extreme moisture, there is room for
improvement. It is to be noted that the insect ravages usually
accompanying these meteorological conditions have beea
slight, and stwnds, which were not very good to start on, have
not been impaired on that account. Over all this district the
crop IS late, and therefore exposed to the vicissitudes of the
fall season.
In the noithern portion of the belt, however,
Tennessee had a good start, and has held her own pretty
well, and North Carolina is better than the coast disirict below
her.
Going west of the Missi>sippi the situation is levtrsed.
Over the great State of Texas, in Arkansas and in Louisiana,
the rains of June found the plants well rooted and the fields
The prospects have very much
in excellent cultivatioji.
improved, and in Texas particularly the conditions have been
very favorable, and her rating is nearly at par. Following is
the condition by States :
distiicts
—
Virginia.
1.
&c
Oontinenl.
Britain.
Total.
Oreat
Britain.
Continent.
8oiiih Carolina
Tolal.
Gt-ortria
Flirida
Calontta—
1886
1885
Alabama
2,C00
2,000
64,000
54,400
Hadraa—
1886
1885
All others—
1886
1886
500
i',500
500
34,000
15,U00
S8,000
69,400
500
3.500
4,000
12,000
24.500
32,000
49,100
46.500
39,500
123,50t
12i,5C0
"506
2,000
500
5U0
2,500
2,000
77.000
83,000
XotslaU1886
1885
2,000
l.fiOJ
The above totals for the week show that the movement from
ports other than Bombay is 500 bales 7nore than same
week last year. For the whole of India, therefore, the total
hipments since January 1, 1886, and for the corresponding
penods of the two previous years, are as follows:
BXPOKTS TO BUBOPH FBOM AU. IMDU..
Bhipmenti
Europe
from—
fo all
week.
Bombay
5.0
11 other porta
Total
.
Since
Jan. 1
Thit
week.
^0
907.000
2,..00
12.>,50O
7!ior 1,010,500
TMm
Since
Smet
week.
1.
Jan.
1
2.000
663.000
122,500
6.000 l,05i>,000
1,000
167,500
2,000
785,50
7,000 1,217,500
)
ALEX4.NDK1A Receipts and Shipments.—Througli
ments we have made with Me«8rs. Davies. Benachi &arramre
Co. of
IJverpool and Alexandria, we now receive
a weekly cable of
the movements of cotton at Alexandria, Egypt.
The foUowint
•re the re«;eipt8 and shipments for the past week
and for th.
OorrespondinK week of the previous two years
Atexananu,
July
BMSlpu
/•oypt,
14.
8«-pt.
1885-86.
1884-85
1883-84.
1
2,923,c6o
8,6 13^ 606
<ftnet
1.
wee*.
ilinci
Sept. 1
1886.
Stales.
No.Car'liua
S Car Una
_2,64 i".6'c6
Thtt
Sin
week
Sept
.
B rports (balem—
I,nf>0
1,000 'S0."00
l.Ov.U
.
A oantar is 98 lbs.
S
B
1885.
a>
s
1,0(10
I
(04,000
Revised.
201,000
2.000 SOO.OUO
9i
8h
8.
.>ii8si^aippl.
9:
K7
8-
Louisiana..
Te.\as
911
Aliiiiama..
Arkansas..
£0 uirerpuci ....
XoOontineot ...
Georgia
aad
1
:
Florida
f
.^fiH^l8si(>pi.
•
The June and July averages, compared with the June
July figures of previous years, are as follows
».
week. Sept.
*
NuitU and South Carolina, Alabama and
Georgia
firit
Total Earoue.
in
reporrt-d low in June. The ir»-ner»l average of condtMou is 86. It
'<8'7 on th first of June.
Last year it was !>6 in Jily, again of four
poll ts during June. Favorable weather in July, with pioinpr reduclioa
of weeds. uiHj advance condition but furih»r rains or loni^-continued
droiitU would woik seri- us in^nr^- to the crop. While a fair product may
yet be i>' 8(*iblo east of the Mississippi, ih-condliiitn of thii portion of
Tiie averag*-8 oy States
tlie crop uia> be considered somewhat critical.
ari'. as follows: Virginia 92. Nurih Carolina
91. South Carolina 76,
Georgia 81. Alabama 80. Mississippi 79, Louisiana 84, Texas 89, Arkansas 92 and T eunessee 98.
1884.
>
ai
s
a
S
s
1883.
18«2.
S
s
V
Tennessee..
85
8
9y
9o
Si
a
3
5"
a
-J
-J
(oantara')—
This week....
8U.i>
:
to the Department of Agriculture for July 1 repre
sent the crop ten to fifteen daya late, the low frromids saturated with
excessive
rains
the
of June, a general prevalence nf the aphin in such
sitUHiiitns, uud a smothering growih of gras* and weed-'. The dryer
show
vlgiirous
uplands
a
plant growth, aid In full-hnndid plantations
clean cultivation. This description will apply to all the States except
Texas Arkau.'ias and Tennessee. TUi re has been im|ir.)Veiui',ut durinz
June in tliesi- Slates, and retro/rado In all the others. There will be a
small area abandoned from inability to cultivate It, and s ime injurj to
Plants will ref-uli, in the process of cleaning. Ketluction in couoition is
was
WHS
1684.
Jan.
the close of business
Th» cotton returns
mainly
1885.
year and 85 the
last
The Agricultural Departsient's Joly Report,—The following statement, showing the condition of cottoa, was issued
by the Department of Agriculture, Saturday afternoon, July
10, after
ttte
1886.
Average for the belt S3^ against 93
82
80
88
year before.
3,000
4,000
20.000
24,600
87
80
80 Tennessee
7U Arkansas
75 Mississippi
78 Luuislana
91 Texas
75
North Curolina
Great
9.-
9.'
87
HI
82
fit
96 97 93 85 91 9i
95 9: 9b 90 Wti 98 8!1
97 93 95 9!' 9!« 94 9.T 97
8(1 92
9v 93 93 87 87 9
»J 99 87 s.. 86 8' 8
81 95 100 7: 74 9i 91 90
MH fO 9
9
77 8.. 89 9
7.
81
9
01
91
98
85
9-
66
b.
9b
8
8-
87
'.4
9.
89
78
8!!
87
86
86
90
90
9S
92
1881.
§
»i
^
a
96
8»
94
9.
98
9
1880.
41
s
s
"5
^
^
"^
92 101
90
91.
99
97
92
93
96 99
97 96
If
106 Ul
8
8
;0 9. 100 104
99 103
93 10
9Si
9b
95
99 100
9
Oi 101
9 lO. U'2
87 94 tn
li.S
97
8
80
tl>
8'.
104
98
Uil
9li
251.000
IS8.1.OO
i
89. 000
Avcrasre.... 88-7
The average given above for
given by the Dupartme»fc-
all
the States
is
the average as
JCLT
THE CHRONICLE.
17. 1886.)
Weathek Record foe Jusk.— Below we
give the rain-
and thermometer record for the month of Jane and preTious months of this year and the two precedmg years. The
flgnrea are from the records of the Signal Service Bureau,
axoept at points where they have no station, and at those
pointa they are from records kept by oar own accents.
79
Uay.
^prit.
J(a4Van.
fall
18»-,1W«.J(18S«.|1888.,
rbftSmltk-l
Kalnfall.bi
DttytnUn.
TBNNn'B.
WwkiXII*.—
BBlntall.la
Dttr* ratn.
UfmvMt.BitlnfalLlo
TIBOINIA.
BalDlKlUa
D«7irmln..
H^CARJfA.
lUlnfmlUa
B-<
•
• tut
urMM spnaw.
•
I
riawaa
tot
1W4 an
(or
Kmuo
! IM"^'"*
'
rurana
prior in »'«t>ruarr. 11"%.
IH«| sr* for Maoun.
H«eur<l not taken *hls moDtd.
trucom tiir
19
f
June.
THE CHRONICLE.
80
18M.
1888.
7B-« 8B-8
ae-s 89-0
Bl-7 iie-8
848
8SD
sro
62-2
WO
82-0
isab.
ALABAMA
m
MMtfom-v.Hlctawt...
Ijowest....
B6-7
ATence...
VoMlt.-
78-0
Hlstaest...
jMWft.... M-0
AT«n«e-- Bfl-7
iHWOlOOM*-
78-2
ag-0
es-B
Bighat...
liOWWt.
Arense..
75-0
96-0
63-8
BIshact...
76-0
rs-o
LowMt....
Avenge...
ea-0
880
600
. .
May.
AprU.
Marck.
flt«rmoiM(«r
71-0
96-0
83-9
96-2
74-8
7rB
79-8, 75-6
06-3
«5'4
93-0
63-0
98-0
49-7
72-7
48-1
70-1
840
sro
86-1
63-«
88-2
8S-9
48-0
88-2
88-9
Bl-7
7»-2
86-4
59-8
71*7
92-7
58-7
74-8
81-0
32-0
61-3
890
88-0
44-0
70-8
88-0
86-0
86-6
88-0
40-0
80-0
89-0
B8-0
71-S
83-0
48-0
8l»-9
4T0
70-1
88-0
78-0
80-0
BS-0
88-0
88-0
840
82-0
87-0
60-0
01-0
61-0
73-0
78-5
880 830 920
45-0 47-0 670
660
83
3TS
ftS-Bj
48-4
68-3
82-0
82-0
82-4
88-0
arc, 24-0 23B
Averase...
38-0
B9'8
80-8
40-1
B8'8
77-2
3«-0
B8'4
80'C
40-k
64-8
85-B
41-0
8B-8
83-2 82-0
51-8 (0-0
70-5 88-2
83-0
28-4
B4-1
81-B
81-0
64-4
82-0
33-0
69-5
88-8
64-6
Tre
78-0
7»-9
SB'S 36-2
60-2 Be'4
8r9
.
93-1
69-4
86-8
49-8
88-4
LOWMt....
Hlc<>e*t.
1888.
88-1
88-B
es-8
8e-&
250
811 Bro
Avlmm—
1888. 1886. 1884.
1884.
4r0
680 700
680
94-1
B9-8
86
fll-7
7r9 790
77-8
90-0
85-0
78-1
92-0
58-0
73-6
94-0
83-0
78-0
8ro
590
730
90-0
60-0
76-0
890
580
710
91-7
71-6
82-2
90-9
68-5
;9-4
97-8
86-7
81-1
99-0
91-6
69-0
78-7
92-1
66-4
81-6
96-2
85-5
80-8
95-0
68-0
79-0
70-2
88-0
79-0
90-7
57-4
72-6
87-0
60-6
73-9
88-2
61-7
78-4
02-4
48-7
68-0
86-8 101-2
40-8
83-9
78-9
92-0
52-3
71-9
900
sro
83-8
40-5
67-8
86-4
49-8
71-8
81-9
39-8
67-5
90-8
59-2
74-B
87-7
55-7
74-7
93-0
62-0
80-3
88-f
8»-e
76-7
90-0
77-0
86-8
810
940 890
440 64-0
680 70 C 70-0
920
620
98-0
64-0
93-0
76-0
580
800 760
98-2
60-9
80-8
97-2
62-2
77-2
63-8
Archer, Fla.—Very fine weatlier for corn and cotton all the month.
MobiU, A/a.— Many heavy rains In this section, resulting in much iuJiuy to the cotton crop.
Selma, Ala.— We are having too mnoh rain. Crops are verj' backward.
Orand Ooteau, io.— Complaints from every side of cnips Is^jored;
bayou overflowed. In the Immediate neighborhood the injury seems
slight, at least for those crops which were In good order before the
rainy season set in.
Brookharen, ifiM.— A very disagreeable rainy month— about two
showers a day for nineteen days. On the 16th and 17tb there was a
terrible rain-storm, doing considerable damage to fences and crops.
Crops are about ruined with grass, and a good deal will have to be
LOOIS'NA
W. OrUam,HlRbest..
Ijoweit.
..
ATerage..
Bhrtvtport.—
BlKtaest
Ijowesl...
.
ATenuie..
Hlgbest.
Iiowest
Avenwe
X»«rtvHJU—
78-0
79^
84-0
400 82-0
Bro 811
BO-0
70-5
78-7
75-0
82-0
20-0
60-0
Tt-O
HUthest..
Lowest..
ATerage.
MIBSISS'PI.
66-1
CMuniMu.'
Highest...
Lowest ... 840, 220
52-01 BS-0
Average
.
nelaibur^83-0 77-2 79-6
Hlghest.
Lowest.... 28-«! 2T0 35-2
ATerage... 6B-8| B4-4 60-0
BrookhavenHighest... 760i 780 80-0
.
34-0
54-0
Lowest
Average...
eranvuie—
370
800
B4-0
40-0
61-0
300
65-0
91-0
27-0
Average.
52-8
62-2
78-0
24-0
60-0
78-0
84-0
50-0
80-0
24-0
48-B
88-1
78-4
84-8
44-0
63-7
92-1
60-9
78-3
87-8
67-3
71-8
93-1
65-8
78-4
840
85-0
46-0
82-0
90-0
380
870 8ro
820
51-0
670 660
60-0
70-0
690
64-0
73-0
90-0
80-0
75-0
940 87-0
520 400
750 690
88-0
53-0
72-0
3S-0
67-6
62-2
74-0
86-0
200
490
81-0
83-0
40-0
68-0
78-0
38-0
48-0
78-0
22-0
78-C
85-0
20-C
84-0
27-0
48-'
270
860
60-6
61-3
780 760 78-0
9B0 24-0 80-0
BO-0 480 510
82-0
30-0
820
62-1
Hlghest... 7T9 74-2 76-2
Lowest.... 21-6 18-6 10-4
47-1 41-8 49-1
Average..
.
91-0
47-0
70-8
88-0
45-0
95-0
500
780
87-0
45-0
67-0
88-0
51-0
84-0
36-0
04-0
84-0
48-0
66-5
B91
ABKANS'S
LiMtoitoc*.Hlghest.
.
Lowest
Average...
Jfounlloa.—
Highest..
Lowest....
Average.
.
H«l«no-Hlgoeat...
Lowest....
Average...
Jbrf SinttJiHlghest...
Lowest.
25-2
47-5
. .
Average..
79-8
24-3
47-9
82-8
23-5
78-7
64-2
880
SOB
740 860 92-0 84-0 8B-0
270 82-0 340 44-0 40-C
IiOwest
Average... 681 691 600i 70-4 69-0 630
eland86-0 92-0
Highest.... 840 81-0
28-0 250
300 S20
Lowest
Highest....
700
71-6
90-0
40-C
88-0
92-0
sro
870
630
79-4
91-0
8<i-3
atuMn.Hlghest.
.
Lowest....
Average...
780
)60
25-0
Bl-7
44-4
780 760
Lowest
:
74-7
74-5
75-3
Central Texas.
84-0
34-0
69-0
920
630
98-0
66-0
79-0
940
The following compilation covering production in the State
during the season now closing (1885-86), and the two previous
years, is given in the circular.
8b-9
80-1
B9-7
84-4
40-0
61-8
880
97-9
48-0
73-0
88-3
41-6
661)
01-6
98-9
59-2
73-8
930
876
99-5
54-0
75-3
84-9
31-B
B8-4
82-1
81-B
01-2
83-2
41-7
87-8
48-4
91-1
86-6
72-3
86-8
84-0
69-6
930
96-0
63-4
75-1
640 590
88-0
52-0
89-9
89-0
78-0
96-0
82-0
79-0
820
880 860
440 sro 42-0
60-7
69-9
6B-3
68-8
82-0
60-0
74-"
910
690
760
81-0
48-4
67-2
88-8
80-4
74-6
8r7
680
762
84-4
60-7
76-9
920
88-2
66-0
78-4
94-9
71-9
82-2
51-4
69-4
84-9
52-8
60-8
36-0
81-6
36-7
340 341
44"
68-9
66-3
68-1
84-2
84-8
60-7
83-8
85-2
63-8
830
90-0
51-1
71-5
902
83-0
23-0
81-0
340
88-0
34-0
61-0
6ro
88-0
44-0
68-0
86-0
42-0
690
82-0
91-0
40-5
69-6
41-5
88-4
8ro
84-0
28-0
68-4
84-0
38-0
60-2
70-8
87-8
78-6
43-2
77-3
41-2
80-4
43-2
68-6
80-4
71-9
88-0
40-1
67-7
88-1
8»-2
71-5
87-4
44-1
90-9
6r5
7D-9
91-8
88-8
7B-0
83-7
8r4
68-6
8ro
82-3
38-4
69-1
92-3
862
88-8
47-3
78-S
90-8
63-9
81-6
82-8
88-0
86-0
98-0
61-9
96-0
43-0
89 7
82-0
88-0
B9-S
88-0
90-0
86-0
90-0
82-0
60-0
94-0
67-7
86-0
93-0
69-2
84-0
S2-0
62-3
86-0
8B-B
68-7
86-0
88-0
77-4
84-0
41-6
88-3
976
Average... 69-0 80-7 84-8
IluManola.—
7»-9 78-5
Highest...
39-8 83-2
Lowest....
80-9 60-5 66-7
Average..
691
PolMtiM.-
Hlghest. .. 80-2 78-6 80-0
Lowest.... ars 81-1 31-8
Average... 65-0 64-6 60-4
ftort£R£>t—
Highest...
Lowest...
Average..
0l»6tim»—
18-0
45-8
166
436
Highest....
82-0
79-0
81-0
Lowest....
Average..
9ro! 260
4»i
280
S8r6\
88-0
75-5
SSI
oweat.
Average..
84-01 410
60-9: B9-2
480
76-6
61-5
7S-5
61-0
75-5
921
60-2
75-4
79-3
580
490
522
73-8
80-6
66-0
76B
78-4
92-0
60-4
77-3
96-0
58-0
75-7
62-0
7r2 7r9
99-0 101-5
49-0 67-0
73-9
840
98-0
83-5
83-6
The following remarks
ports for June, 1886:
accompany the month's weather
721
96-0
640
82-7
re-
raveUetUU.X.O.-The cotton crop in this section, owing to rain, la
very poor, and I fear will not make half a crop.
Paeolel, S. C- Prospect for cotton the poorest ever known
here The
win not average
three inches high at this date (July 1)
J'
U <"^oma.
should
'' "
te twelve Inches at lea«t. Still rainy and very cool
BUMbura, S. P--On a number otA^B on Which rain fell the rainfall
*>?"(?'' "OT® "/, '®»s '»<*^y 1° surrounding sections,
y*''*'
so
S?
think crops have suffer^ leee here from wet weather than in
tbat Iy.^,
many
;
•
f
throughout the
There
another high
?^^^^
the ,wat«r6e River now, so that the com and other crops
the
State.
is
freshet in
owajup
swamn
are likely to prove an entire failure.
Oolutnbiu, Oa. -Our crops have been badly damaged by
continuous
"° '^*' *''?' P'""«Wng hM been Ve»«r biterfer^
5^h'- fTSf-f^f." ^
possession of most crops, and It win be a hard
to
fii
ft^t
oon^u "it^""
^ornrtt, Go. -We have had the largest monthly rainfall, with two exceptions-March, 1875, and March, 1884, In over thirteen years
We
fhSi'fhu
plwMfc^
£,S,°.h™"-S,'' l?^°-
^^^
*'"** *"
/""''
356,000
67,000
149,000
30,000
110,000
398,000
Total
1,329,000
973,000
1,110,000
—
—
980 930
59-0
1883-34.
308,000
58,000
137,000
39,000
86,000
345,000
First Bale of New Texas Cotton. The first bale of new
940 cotton of the crop of 1886-87 was received at Cuero, Dewitt
68-0
County, on Thursday, July 15, and was shipped to Qadveston,
74-6
where it arrived on the following day. Last year the first
930 bale of Texas cotton also came from Dewitt County and
630
74-0
reached Houston on July 22, while Galveston received one on
the following day. In 1884 the first arrivals were at Houston,
July 22, and Galveston, July 23, and in 1883, Houston, July 8,
90-8
660 and Galveston, July 16.
81-5
Georgia Crop. The Commissioner of Agriculture of
Georgia issued on the 10th inst. his report on cotton, July 1,
93-0
53-2
72-2
1884-85.
354.000
85,000
223,000
39,000
134,000
494,000
75-5
96-0
54-0
72-2
48-
1885-88.
North Texas
West Texas
Southwest Texas
Thecoa«t
East Texas
Central Texas
as follows
93-5
820
820 480 Bro
740 6rs 74-8
80-8
79-9
73-4
81-0
92-0
58-8
73-1
Figures in 1884 are for Qreeae Springs.
plant
&
88-0
48-0
67-5
73-0
22-0
49-0
80-0
vated there.
90-0
64-0
70-0
16-0
43-8
82-0
11
tions of
Brs
32-0
63-0
23-0
43'B
83-7
14-0
44-2
published reports from its correspondents in all sec*
Texas on the condition of the crops. The returns are
dated July 10, and show that the condition of the growing
cotton crop was good at that date, and was suffering for rain
in but few sections. It is estimated that 60 per cent of the
crop was at that date in bloom and 38 per cent forming bollsIn the western and northwestern portions of the State the
weather has been extremely dry, but very little cotton is culti-
July
Runge's report was also issued on the
Messrs. Kaufifman
10th inst., and is based upon 875 replies from all the cotton740 producing counties of the State.
The substance of the report
950 910 93-0 is as follows
64-0 70-0 67-0
The increase in acreage points to 10 per cent. Cool temperature dur74-0 84-0 760
ing April and May prevented the rapid growth of the plant, but the dry
weather was highly favorable for farming oi)eiation8. The plant Id vig90-0
61-0
orous, and the nelds are free from grass. The extreme western and
75-7
northern part of the cotton belt, where a very small percentage of the
crop Is raised, suffers from the severe drouth. No rains have fallen
there for months, and all crops are pronounced a failure. The answers
92-0 93-0
from all sections indicate that early rains are required to maintain the
59-0 57-0
present good outlook and to assure a fall yield. Tli,e reports show an
77-0 76-0
average of 59 per cent in bloom and 40 per cent forming bolls. There
are no worms or apprehensions of their appearance due to the preva98-0 910 94-0
560 560 600 lence of dry weather. Grasshoppers are doing slight damage In parts of
es-o
56-0
78-0
TBZA8.
0al«uton.—
Highest..
gi-eat iiijiiry to crops.
Cleburne, Texas— The weather has been very favorable for crops, and
with the exception of several thunder storms, which did considerable
damage to^iorn, fruit trees and houses, nothing has occurred to mar the
prospects of a full average yield. Cotton has suffered no backsets, and
the prospect for a good crop is exceellent throughout the county.
The Cotton Crop in Texas.—The Galveston Daily News of
90-0
60-0
AsMcooa."
74-0
and
80-0
34-0
61-0
Highest... 81-0 74-3 75-0
Lowest.... 26-7 98-2 26-8
48-9 47-9 52B
Average..
78-0
20-C
47-2
out.
840
370
B20 630
JfempMs.—
.
thrown
Ml. Ida, krA-.- As last May wafl exceptionally dry, this June has been
the reverse. Crops are looking flue, although but little work could be
done en account of the wet weather. Missing cotton came up on the
advent of rain, and the stand is now good and the plant growing finely.
Belena, Ark.— The amount of rain falling on my g.auge has been much
less than reported in the neighborhood. While I have had no heavy
rains, near by I hear of extra heavy rainfall. Most of the crops are
badly In the grass, and in some placea reported abandoned. The farmers are hiring extra labor to catch up.
Memphis, T«i».— Excessive number of rainy days, with heavy rainfall
97-0
44-0
70-6
TBNNBS'B.
Snhomt.-
Highest.
Lowest....
Average...
[Vol. XLni.
°°' '•'en "ble to run half the
getting troublesome In many
:
is
North Georgia 64, Middle 79,
East 85, Southeast 90. The average for the
State is 83. Lands and crops suffered in aU the counties by the
The condition of corn is North Georgia 77, Middle 91,
rains.
Southwest and East 98, Southeast 95, general average 92.
Damage was suffered on cotton lands from overflows.
South Carolina Cotton Crop.—The report of the South
Carolina Department of Agriculture for the month of June,
issued Jnly 10, gave the following on cotton
Reports have been received from 190 correspondents throughout the State as to the condition of the crops on July 1, and
they show that in the last month the rain has been almost
unprecedented, producing a vigorous growth of grass, and the
continuous downpour of water has prevented the crops from
being worked. A large part of the cotton planted in bottom
lands has been washed away by the floods. RuBt, shedding
and lice have attacked the cotton in some regions, and in
others the incessant rain has turned it yellow, and it is dying.
The condition of the cotton in upper Carolina, with 100 as an
average, is reported at 73, in Middle Carolina at 76 and lower
Carolina at 85, making an average for the State of 78, against
96 for the same time last year. This is lower than any report
made by the National Department of Agriculture on the condition of this crop at the same season in the last seventeen
The condition of cotton
Southwest
:
86,
:
:
years.
Jute Butts, BAoaiNO &c.— There has been only a light
bagging since our last report and only sniall orders
are coming to hand. There is a shade easier feeling among
call for
THE CHRONICLE.
JOT.T 17, 1888.J
eellere,
who are disposed
money when any
to accept lees
cjuan-
For the joboiDg parcels that are moving
the quotationfl are «Ko- '«>•• IK lb., 7o. for l^^ lb., 734^(880. for
2 lb. and 8}ic. for Btandard grades. Butte are called for in
small parcels, but scarcely any inquiry is reported for quantiWe hear of 1,900 bales of various qualities on spot
ties.
at 158@l?*c. for paper grades and 2H@2?ic. forbaeging
There is but Uttle call for lots to arrive, but a
qoalitiea.
UtT can be pUced.
hade
81
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Nbw Orlbxks— For
Uverpool— July 9—Steamer Humboldt, 2,197....
July 11— Steamer Author.
For Genoa— July 13— 8t*amer Stag, 937.
CaAKLESTON— Fur Barcelona- July 10— Bark Altna, 1,624.
BOOTON—For Liverpool— July 6—Steamer Kansas, 3,792
July 7
Bteamera Bulgarian, 781.... Cepbalonla
Baltimobb— For Uverpool—July 12— Steamer Nova Bcotlan, 1.437.
Phiuldblphia— For Uverpool—July 6—Steamer Lord Clive. 1,719.
.
.
would buy.
CoMPABATivK Port Rscnpre and Daily Crop Movkmsnis
Cotton freights the past week have been as follows:
comparison of the port movement by weeks is not accurate,
th« weeks in different yeaia do not end on the same day of
tfaemonth. We have consequently added to oar other stancfng
lutt.
VWlMf. Tkvn.
aatur.
JTon.
rn.
tables a daily and monthly statement, that the reader may
the
exact
steam
for
seeing
relative
Uverpool,
d.
the
data
him
before
have
»M
»M
eoiwtantly
* ....
«aU...iL
Do
movement for the years namad. The movement since
Havre, steam
a.
»i«e"t» •w»»i* »!•'»">» »ue"»» *l«*»3t
Beptemberl. 1885. and m previous years, has bean as follows.
less
—'
M
Do
r—r
MmttJUy
u rsiyr
IMS.
IBM.
S8»,«43
S43.4U!
JiffcuOw y
1889.
1883.
>4S,813
1881.
S9M66
1.000.383 1.040,009
t,0«S.U2 1,122,164 1,1,O3OJ8O|1,QM.O07
mVt 1,0W,M0 1^04.311 1.059,669 tAi9.aae
tta^uj
.
W
414.SM
oraarj.
Hareta. ..
April .. ..
903.8S*
133.147
MV
84,713
Jane.
1830.
981392
4S8.779
967,009
U1,7»S
984.6191
185,623'
147393
1 18373
78,904
•8.879I
131371
43,918
31,«8>
4,784,478 5,894,216.4.690,487 5,681,381
!S,2S7,0eo'4.716.103
XMal
FMetaseof IOC port)
•7-91
•7-89
99-61
06 79
»874
Thto mmmiiint ahowa that ap to July 7 the reoeints at the
ports this rear wera 540,997 bdM more than in 18S4-8o and
173,387 faelaa mote than at the Mme time in 188S.S4. ByadJing
r»«1pUJiui«aO..|
to the totals to June 80 the daily receipts sinoe that
time, we shall be able to rs*oh an exact oonpariaon of the
movement for the different yean.
18868&
188»«4.
1884.86.
188»«S.
1881.83.
1880-91
1^1
l.I
4..
-
»...
9319
"
6..,
9,44»
•7
1...
1300
1.006
8.1.
488
•...
8377
8
864
74
*•
••
8.
e.
39»7V 36e7V 35«7V
Mm
i»M
iiii
•u
Ilaiaaleii»,st««m e.
'»ie
•ii
r
d.
d.
>»at»'«
»M*I4
>».4*««
H
Aatwerp, «team.d.
• Per 100 Iba.
—
X4TBBPOOL. By cable from Uverpool, we have the following
statement of the week's sales, stooxa, &o., at that port.
add previous wanks for compariaoo.
We
jMiy
/•tiu3&
•alaaoftba weak
balas-
or walekazportan took....
Ot whlah apaoalaton took
AaMalasport..
Vnrwaroad.....
stiBiatBd.
total sTowk
wuSi
tte weak
3.
69,000
56,000
3,000
6,000
43.000
3,000
8,000
671,000
506,000
64,000
59,000
319,000
103,000
1.000
4,000
69,000
U.OOO
8.000
663,000
494.000
70,000
54,000
166,000
79.oq6
J^JV9.
Jvl)l 16.
72.000
3,000
5.000
59,000
4,000
16,000
649,000
471,000
69,000
43,000
133,000
60.000
67.000
3.000
5,000
43,000
5,000
10,000
627,000
438,000
43.000
38.000
136.000
33,000
The tone ct the Uverpool market for spots and futures each
the week ending July lO.'and the daily closing price8
•( spot oottoo. have been as follows:
l^of
4MX.
Tunday.
JhUMnfay
Market.
t.*89
rair
(tamaad.
(
12:30 F.ii.(
Steady.
•11.-
1388
" U..
•86
668
816
884
1,791
149
13,000
1,000
fWlwaf.
66
13:30 r.>.|
Market.
98-77
4r.«.
flnmas
19.00.
8.000
500
1.000
u
On let at
10.000
1.000
10,000
8.000
1.000
500
^ie."
{.Mad.
steady at
1.04 ad.
Qnlet at
I.«4a4.
raaoe.
Tanoe.
oUna.
ellne.
T»aoe.
Tanoo.
Plat.
Qalet.
BasT.
Baay.
qnlat.
Steady
.13389.868 4.718.181
friday.
Barely
In bnren' In bnyera'
faTor.
supported
favor.
Si*
Si*
MkLOrVaa.
8alaa
Spae.*azp.
Qnlet.
ir«tiMf. thurid'y.
5»n
md. Cpl'ds
fSftW^tsJttly la
35»7V
d.
or wUahAaMnsaa.
8.
4381
SSefia' 36e7*V
saU...e.
nU
Do
Of
8.
• ir.
sail
Do
total
»60
68
-
hi
Do
Ofw
Imntt of
IW.Jn so 5,257,0«0 4.716.103
104
Jal7 !..
1346
**
914
9...
9397
"
"hi
Baval, staam
941,614
10S,37»
35,375
14.339
"tt
BamboTR, •t«am.e.
•96307 1320.809
8«6.M8
Ml,449
163.MS
»r»
Amat'd'm, steam.«.
871.701
672.728
476.582
284,346
190,054
487,799
e.
499,777
438,478
868,193 968.318
974.043 1306,501
TS9397
SM,sae
476,767
laU
BHBMa, steam. .e.
Do
•aU....e.
\
\
steady.
Ifswa.—The exports o( cotton from the United
The opening, highest, lowert and oloaiiig prices of futures at
litalie the past week, as otrlaUtt nuM retoma, have reached
40,688balea.
BofarastheSoatliemportBareoanoemed, theee Uverpool for each day of the week are given below. These
are the aame exporta reported by teiagmph, and pubUshed ia prices are on the basis of Uplands, Low Middling clause, unless
the CHaoncLB bat Mday.
With nguA to New York we Otheperiae stated.
the mantfaite at all veasela cleaied up to Thu
VF '*< priem ore ptasn im mnm and 61(*«. Mm.- 4 63 meant
to«tW8wek.
4 6S-64<I..
aw TOBX—TO Uvarpoot.
par rtssnisrs atj of Chloaco, 1.283
9.464..
2f«nyifc.9379
nalM. 1306
12.605
1,567
T» Hull, pw sMMaar ManMOk 1367
TbHav*a,farr
cMd 6 01 SMane 5 \-«id.
Un Jaly 10.
..OaUl^ 314. ...Oermame. 1373....
aevada, 9.002
a«n. 1.670
....Enrpl.
0*«t Bl*k htm.
TiBrMMB,
ToBaaitaru
T»Aatw«rpwp«l
Tb Baval. fir msaisr Seneto. 934
to MalMM. par bark Karta. 1300
g«e?e. P» u ss ew OlniaMl s. 100
S»
Tb Ifylaa. par HMM ir Mawy. to*
Ksw oat at as To Uvarpeal. aw miaiin Andaaa, 3,843....
Ti aasvwat. 9.061....Hayaaa, 4380....Hlrtoriaii, 2,771.. 12,985
j
TO IWa
M . par slaaiiiai ll Bald 9340
3.049
TO Haabara. Bar Maaaar?BeMata,i68.
Bo
iii
i
,
tn Barrowmote,
Boma-T*
768....
• 18
Jaae^Bly.
Jaly-Aaa..
Aw,.8e*t.
Oet^NoT-.
lloT..I>eo.
I)ae<
Jan
..
26....Damliikni, 50
Uvarpool, par ataainer BrItUh Ktog. 1,403.
pertionlars of theee ahipmenta, arranged in our nanal
fotm, are as foUowa:
UttrBull.
Toffe.
». Ortiiss.
W l lll M M S..
Bmm- mti tmd TarroMt.
Bawr*. *«rp. Uttml. Kmmlt.wumlh.
30,340
1,148 1,609 1304
•«« Sa#A7 ••••• •>•••• ••• 15,303
2,466
1.287
75
1.403
13308 1367 1334
I93M
«eoj
9.4A6
1,313
PUladelp'a
1,403
Oles.
•
•«••
1357 1.934 3366
1,563
1
904
73
40,688
B18
SIS
BIB
B18
B14
Jaly 14.
Opea
B4«lk
Sapt..Oet..
Oet.4foT_.
NoT.-I>eo.
Dee..Jan...
Jan-Fsb...
d.
A
BIT
BIT
B17
BIT
BIB
BIT
BIT
BIT
BIT
SI3
TaeaM Jaly 13
0)Mfl
Bifk Low. OI«f
A A A
BIT Bi; BIT BIT il«
BU BU BU SU BU
SIB SU BU SU BU
SIS BU SIT SIT BIS
SIS BIS BU BU BU
A
A
see
SOT
SOT
SOS
SOS
SOT
SOT
Boe
Jaly 19.
BM BW
SOT
B07 SOT SOS
SOT SOT SOS
SOS BOS SOT
BOO BOB
SOB BOS
BOS BtS
A
BU
SU
BIS
BU
SU
SOT
SOS
BW
B07
Friw Jaly 16.
Om 0pm B<fk Lew. Oles,
A A
d.
SU BIB BIB SIS SU
BU SIS BU BU SIB
BU SIS SIS SIS SIS
SU BU SIS SIS SU
SIO BIO Bll SIO SU
SM SW BM SM SM
S04
S04
S04
B04
BW BM SM BM
BOS BOB
BOS SOS BM SW S04 S04 SM BM SM .B
BW SW BM BM BW BM SM SOT SM
Lew. (Xm
Open B<«k Lew.
d.
A d.
A A
BIB BU BU BU BU 614 B14
BU BIB BU BU BU SU BU
BU BIB BU 814 SU SU SU
BU BIB BIS BIS BU B14 SU
BU BU Bll BU BU BIO 610
BOB BW BM BW BM SOS SM
A
Jnly
Jely.Ana...
A«8..«ept.
i e ptembar.
OpsaBlfk Lew. OIm,
BW BW BW BW SW BM
BOS BM Boe BOS BC8 SW
BOS BM BOg 608 SOD SW
BW BOS • W SW SW SW
75
1.408
40,688
The
mtw
SIS
BIS
BIS BIS BIB
BU BU B14
3,486
1,213
Uvsrpeai, par al«iaar Catalonia. 1,318.
^ To Tanweth. parsMaawa Alpha,
rMn.aDBi.rai A—To
A
BIB BU
BU SU
BIS BU
d.
aUa., Jaly 13.
I
THE CHRONICLE.
rz
BREADSTUFF S.
of quotations.
Tae wheat market has been feverishly unsettled. A sharp
advance early in the week was followed by depression.
Accounts of injury to the growing crop of spring wheat seem
to be partially confirmed, but the outturn of the winter wheat
sections (including California) has undoubtedly been large,
new
crop already in this
market. To-day, at some decline, the speculation was slow,
but there was a large business in No. 8 red for export to Lisbon
at 87o free on board beeides which the milling demand was
iltIf
ew York
DAILT OLOSOIO FBIOKS OF NO. 2 RED WIITTBR WHBAT.
August deliverr.
September rteUveiy
October delivery
December ilea very.....
January delivery
May
83
87 >«
87%
8738
b8>9
89>9
91 \
92^8
88^
89^8
. ..
89=8
9978
SB'b
92
90
...
90^
92%
93^
9238
95 >4
99^8
97'8
delivery
Wed.
Man.
69
Tuet.
88
Bal.
In elevator
97 '8
97 >4
Bxportt
from—
flew York
Boston. .
243,403
20,939
145,503
17,lf0
35,170
so.io's
Fri.
Montreal.
Philadei..
Baltlm're
831a
bV'fl
S. Orl'na.
89%
8916
913e
9^18
97i«
3'me time
.
.
8,484
.
w'k.
rot.
1885.
Oom.
FUrur.
Oatt.
Bush.
605,165
Btish.
Bbls.
Bush.
201.297
7,914
115,830
316,770
37.000
1,325
452.813
95,329
4758
47'J8
4S
48
48
43
4818
47O8
48»8
3,866
'.3,957
l.tiOO
1.667
Peat.
Bush.
14,397
Bush.
9,23»
287
42,311
15.925
30,323
144,150
46,494
837,443
169,847
101,292
61,3S»
70,621
31,I6»
We
add
the-
Oom.
Wheat.
1885.
Week.
July 11.
1886.
Week,
July 10.
8.4 C.Am
W. Indies
4n%
OtU.o'n'ts
48
38,195
21,724
3.095
23,190
2,286
52.367
1,233
2.060
Flour.
week
to—
46J4
4714
1,585
Exports
DAILT OLOSraO FBI0B8 OF HO. 2 MIXBD COBH.
Wed. T/iur$.
Uon. Tuet.
Bat.
47 14
46 >9
46
47
dOHi
July delivery
46'?8
47 14
47%
46%
4tsis
AuKUst rteliverv
47%
957
Sye.
767,264 1,067,930
Brit, col's
Total
1888.
Week,
1885.
Week.
Jtdy 10.
July il.
Bbls.
Bbls.
47'ii
614,620
549,372
Wheat.
1,306,501
for
an.King
47i€
915,237 1,012,581
570,899 1,034,745
IS.UOO
1.585
23,033
41.218
3,867
5,290
The destination of these exports is as below.
conresponding period of last year for comparison.
Contin'nt
Bepleiiiber delivery
OctoV>er tlt^liverv
2,967
Bichm'd
afloat.
Fri.
7,<I21
1,766
News.
8fi%
Indian corn has been somewhat irreRular. An urgent desharp advance for prime grades on the spot
and for July, but it was not maintained. Prospects for the next
crop continue favorable, but the supply of sound quality from
the present crop for delivery in the summer and autumn
months is probably not large, and gives much strength to
September and October options. To-day prime mixed, arriving from the Erie Canal, had a quick sale at 47s^@48c.
145;630
The exports from the several seaboard ports for the week
ending July 10, 1886, are shown in the annexed statement:
87
mand caused a
13.513
16,043
17,103
Total week... 224.815
week '85.. 186,163
87%
9l-tf
392,300
118,449
2,6 lO
Orleans
87
9318
97^8
427.250
123,210
dor.
N.
Thur$.
651,150
27,310
80,856
&
Barley,
bush.
Oats,
bush.
friuA.
102.731
64,301
Biobmond
;
large.
.
B'Mton.....
Portland ...
Montreal
Philadelphia...
Baltimore
New
bush.
bblt.
.
Corn,
Wheal,
Flour,
The demand for flour and meal has been less active, and
prioee, is sympathy with the course of the grain markets, hare
been a (bade easier; but no reduction can be made in the range
there are liberal supplies of the
XLin.
The receipts of flour and grain at the seaboard ports for the
week ended July 10, 1886, follow:
Fkidat. p. M.. July 16. 1886.
and
[Vol.
91,283
8.963
20,788
6,594
14,957
1,565
110,334
6,939
18,550
19,082
13,971
411
144.150
169,81:
Bnth.
233,522
532,417
1,325
1886.
Week.
Bush.
891,177
411,191
833
July
10.
Bush.
8 42.62 J
li;6,572
24.193
1,580
1885.
Week,
July 11.
Bush.
498,751
223,938
9i,427
21,327
"slo'ie
767.264 1,306.501 1.087,990
837.44S
Kovcmber delivery
By adding this week's movement to our previous totals we
Oats have advanced in sympathy with corn, the supply
being only moderate, and the demand steady from the home have the following statement of exports this season and last
season:
trade. But for the past day or two there has been only a
Wheat.
C'lrn.
FUnur.
steady market, the inquiry being readily met,
DAILT CLOSINO PRICES OP NO. 2 OATS.
Werl.
Sat.
Hon. Ttu».
July delivery
August delivery
September deUvery
35%
35=8
33^8
33^8
SS^s
33i>8
35%
33%
33%
SoOs
33'8
33%
SxforU t«— du«.
35%
34
33 7e
33'8
lower, with a sale of State'at 58c. There is no doubt
that a good crop is practically assured. Barley malt is dull.
Canada peas are rather firmer.
Rye
1884-85,
18«*5-S6.
Pr\
I hurt.
351^
is
'^4
Julu
to Aufl. 25 to
Julu
10.
Dn.KliiKdom
4,089.797
Continent...
15.1,939
&C.Am...
West Indies.
741,039
777.813
D30,1S7
29,544
3.
Brit. Ck)rnles
The following are the
11.
Bi>I>.
Btlli.
1885-89.
1884-85.
18-85-89.
1884-85.
Auo. 21 to Aug. 25 to Auo. 24 to Aut.«ito
July 10. JulH 11.
July 10.
Julu 11.
Bush,
BiMfl.
5,507,820
ai'.oss
18,733,647
668,800
774.132
16,426
5,184
24,433,431
18,909,263
49,908
1,400
501,581
25
216
12,52S,031
Bush.
37600,118
Bash.
1,060,307
£93.238
32,898,76*
11,921,(93
1,788,110
607,787
78.993
78,348-
16,749.717
63,747
46,435
89,8S»
49,412
58,531
closing quotations:
Oth. Cvjuntr's
FLOCB.
7,8Se.»47 31,321.723 43,440,690 63,851,118 48,656,38*
a.312,319
Total
«bbl. S2 009 2 85 Soath'n oom. extras.. $3 409 3 75
Fine
.'.
2 40a 3 10 Boatliem bakers' and
Superfine
The visible supply of grain, comprising the stocks in granary
family brands
3 859 4 85
Bprlng wheat extras, 2 65 s 3 4a
at the principal points of accumulation at lake and seaboard
inu. clear and 8tra*t. 3'.5<» 4 75 Bye flour, superUne.. 3 15« 3 35
July 10, 1886 :
Wlnteralilpp'gextraa. 3 lOa 3 70
Fine
2 303 2 60 ports, and in transit by rail and water,
Barley
Oats,
Rye,
Winter XX di XXX.. 3 759 4 8 > Oarn meal
Com,
Wheat,
bush.
bush.
bush.
2 409 2 75
4 509 5 00
Western, <fco
Imsh.
bush.
Fatente
In store at—
57,033
1,522
787.0.)3
2 909 3 33
Brandywine, Ac... 2 709 2 75 Hew York
Sootbem BOpers
1,881.393 1,949,138
8,300
24.000
66,400
248,000
Do atloat
OBAIN.
16,000
.._,.20,600
21,000
1,200
Albany...
WbeatEye—Western
•
8,600
17,50»
34,948
283,893
2,551,223
Buffalo
SprUK.per bosh.
80 » 91
State and Canada... 58 e 60
Do atloat
8rt
8prlnKNo.2
« 87 Oata— ISQxed
34 9 37i«
23,504.
12,424
7,750,561 2,176,050 263,934
Chicago
87 1» 88
Bed winter, Mo. 2
WWte
38 » 4.'>
Do afloat.
80 9 92
Bed winter
Wo. 2 mixed
36 9 37
stj'.oV*
V.'.'.V.
ansa's
2,848,100
Milwaukee
White
82 • 90
40 » 42
No. 2 white
Do afloat
Oom—West, mtxed 40 9 4S4 Barley Malt4,126,975
Uuluth..
West. mix. No. 2.
46%» 48
Uauada
90 ®1(>5
Do afloat
46 n 49
We«t. white
State, two-rowed... 73 9 7-i
1B,929
1,519
333,334
458,669
loledo
9
•»
46
West, yellow
4-J
State, eix-rowed
80
83
l,38e
23,878
1,750
397,695
Detroit...........
Wliite Southern..
48 a h:t
P«aa— Canada
65189 66
46,400
76,364
100,000
65,000
Oswego
Tellow Southern.
47 o 49
9,575
4,965
4,887
1,176,663
658,894
3t, Louis
6.00018,000
5,000
U,000
The movement of breadstufis to market is indicated in the Oinolnnaa
70,000
13,710
1.636
460,126
84,895
65,017
tatemeats below, prepared by us from the figures of the New Boston
343
15,228
9,282
343,176
. .....
Toronto
York Proiluce Exchange.
first give the receipts at Western
27,503
9,253
82,256
30,605
654,897
Montreal
lake and river ports, arranged so as to present the compara- Philadelphia
102,517 168,447
174,971
7,046
155,734
85,402
218
tive movement for the week ending July 10, 1886, and since Peoria
16,600
31,775
105,550
IndianapoUs
July 26 for each of the last three years:
771
721
170
108.667
196,653
Kansas City
1,845
109,100
158,789
Baltimore
BusipUat- Hour.
3,025,133
inieat.
Com.
Oatt.
Barley.
Byt.
MinneapoUa
698,000
St. Paul.
Bbls.imtbt Buth.»Olb$ BishMlbs Bush. S» lbs .aiM7i.4SUw Buslt.se It,
8,7U0
143,987
On Mississippi...
„,,vi-„-;
ChlcaRO
57,779
102,313
519,725 1,443,382
1,718,774
400,801
S.984
9,006
On lakes
122^400
921,300
1,568,000
miwauliee...
69.809
1V1,913
10,560
23,150
On canal
3.375
1,976
'.'.'.'.'.'.
We
,
Toledo
4.971
40.392
100.740
Detroit
CleTeland...
8,38.1
60,870
7,301
4,1 "14
80,400
8t. Lonls. ...
17,754
734,248
1,U2S
lOJXO
8,208
105,775
87,310
2,100
23,185
21,500
85.895
181,940
159,764
1,30J,803
2,018,886
708,321
140,121
925.409
757,021
1.748.815
1,071,932
188,315
1,291,888
Peoria
Onlutb.
1,829
4,3S0
2.750
16,561
877,803
13,709
23,730
20,752
89,137
212,889
*
Tot.wk.'Sd
Bame wk. i«
Bams wk. '84
Bines July »
23,188
Minneapolis and
St.
18W.ae....
8,175,449
57.737.541
92.453,S18
50,418,327
20.238,596
2,833,552
mentioned customs
UM-as....
9,453.577
99,723.051
96.5i8.30!<
month
8.7:tr.,964
lWvni),003 1"M9(I.!K'!
16,»76,875
17.010.723
4,850.951
ISRl-Sl.
59,823,787
n3.4S5,a23
.,
«
8.37
417
Paul not Included.
Exports of Breadstuffs fob June, 1886.—The following^
made up from the statement issued by the Bureau of Statistics,
shows the exports of domestic breadstuffa from the underdistricts of the United States for the
1885, and for the six monUff
June in 1886 and
since January 1, 1886
of
;
JOtY
THE CHRONICLR
17, 1886. J
83
email parcels to other destinations. Plain ana i.«.i->,g(j
c(jt|.(,_„
were in steady dt^mand by pacKage buyers, and tran.-..^^;
were
volume, though selections average!.
The tone of the market is very firm, and some makas
of brown sheetinKS, low grade bleached goods, wide sheetini^s,
&c., have been slightly advanced by the mill agents, without
fairly satisfactory in
light.
materially checking their sale. Stocks of staple cotton goods
are unusually small in first hands, and by no means large in
the bands of distributers; hence the stability of the market
for some time to come seems to be assured beyond reasonable
doubt. Print cloths were less active in demand, but prices
have advanced (owing to the meagre supply oa htnd) t 3^£o.
for 64x6ts and 3 15-16>3. for Sdx60j. Stocks last Saturday and
for three previou* years were as follows:
J«i!/ 10,
Ju/y 11, July 12, Ju/!/ 14
iH'ie.
1MH4.
Stock of PHHt Ototht—
1S8.V
1«S3.
Hdd by ProTldenoe maniirrs. 72,000 44H,(K)0 •aVH.OOO 153.000
FMl Klver mauufaoturors... 52.000 381,000 4b7.0iK) 157.000
sao.iioo
28o.U>lO
PruTldeDra sp«cula<ora
12J.000
297.000
Oautde apeoulatore (Mt)
15,000
300,000
190,000
75,000
)
262,000 1.417,000 1,3-20,000 6S2.00O
prints were fairly active in agents' bands, and a large
business was done in drrss gicgbams adapted to the coming
MMOn, while fancy crinkled seersuckers, cottcn dress goods
and cotton bwiery were distributed in liberal quantities.
Total rtock (plroca)
Ddrk
—
Domestic Woolkn Goods. Agents have experinnced a fair
supplementary demand for heavy clothing woolens, and there
was a good steady movement in some descriptions on account
of former traosactions. Stocks of heavy woolens are, for the
most V*^< i" ^ry good shape, and all desirable makes are
firmly held at current quotations. Light weight men's-wear
woolens (for next spriog) are in a forward state of preparation
at tb« mills, and some orders for worsted coatings, &c., have
already be«n aecured by agents; but such cases are ex< eptional.
Satinets ruled quiet, but there was a fair business in Kentucky
jeans and dotskias at firm prices. Soft wool dress goods,
tricots, ladies olotba, &o., were in good demand, and there
was a steady btiaincaa in all-wool cashmeres, sergce. diagonals
and worsted dreaa goods. Cloakinga and Jersey cloths con.
tinued in fair request, and there was a fairly active movement
in thawls and wool skirts. Flannels and blankets were in
steady demand, and prices remain firm all along the line.
Carpets continued to move in fair quantities, and prices are
Wool hosiery, heavy underwear and fancyItenerally firm.
knit wool-nt were freely distributed in execution of back
orders, and new business was of good proportions.
FoRKioN Dry Ooods. Although imported goods have met
with ralber more attaotioD from early buyers, actual trans,
acliooa were ooly moderate in the aggrtgate. Importers con-
—
tinued to make fair delireries of dreet goods, velvets, velveteensclothing woolens, Ac,, on account of orders, but the demand
f<ir nearly all fabrics adapted to the present season was almost
wholly of a hand-to-mouth character and light in amount.
iHaportaUoaa of Drr Ooods.
of dry goods at this port for the week
coding July 15, 1885, and sinoe Jan. 1, and the same facts for
The Importations
the oorrespondinc periods are as follows:
5•
!
;
•
••
!
"
i
:
S
:
:
:
:
a
:
:
:
:
i
S!
6:
_
!•« &««. CoaiMcUrat...
Mkao' d. VimniB
~
YwkM* rirnnis
,
:
««,1<)0
.HfRi
= 82
lhi« aO vocte of Ik* euaotrr.
>Xr
Krw Yoaa.
for domestic
'.^
a
movement
animation the past week, and there was a
in many fall and winter fabrics from the hands of manufac.
influx
tnm^ •gnu and lewiing jobbers. There was a large
tl wbolraale boyM* from Uie Wes« and Southwest, and their
miiiiiMM leached an important aggreRaU amount. Southern
joMian GOotioned to operaU with oonaidera>>le freedom, and
then wae a fair sprinkling of near-by distributers in the
market, who have alrrady oommecoed to stock up for the
coming fall trade. Large Jobbers snd c inverters have supplied tbrir immediate and ncar-pro»pecti«e wantx with suple
oot'on goods within the past sixty days, and there was a le«s
prinU,
mUts taiainMS in these fabrics; but patterned goods, asaeniaod.
£t»Hi.i.~« dreM goods, ftc., were in very good
Domsstic wodsn goods were in irregular demand, but a
•attefaotorr business was done in some descriptions, and prices
mled firm all along the line, because of the moderate stocks
OB hand and the Ute advance in the suple. Foreign goods
was a
wan more KmKht after by intendinx buyers, and there
aodsfataiy solanied basln>as In a few rpe'^ialiies, but there
was DO moremaat of imporUnee in imported goods.
of domesti'm frona
ha week ending July 13 wer- il.Olfl packages, of
were shipped to Chios, Tniof Jr. at Briij.ln, 178
States of Colombia, and a number of relatively
whi
to L mted
CoTTOir
C
00
«> y,
OB
I
^
4
53
rrlday, P. M., July 16, ISSa.
dry goods has shown increased
liberal
Donrsnr
1?
«4a^CDX>
THE DRY GOODS TRADE.
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THE CHRONICLE.
84
%CQnl
^rxist ®0mpatttcs.
2>otlce.
Clrcnit Conrt of the United States In
and for the Sonthcrn District of
Iowa, Eastern Dirision.
Thb Fabukhs' Luan and
Tbust Company.
'riirsxKK.
In equity.
Complainant,
M.
Cor.of Montague and Clinton Sta.,Brooklyn, N.Y.
This company Is authorized by special charter to
act as receiver, trustee, guardian, executor or administrator.
bill.
EOMU.si) W.CORLIBS.
United
Croas-bUl.
No.
OTBaRS,
Capital
CroM-DefendantB.
hereby given that
in pursue
alROa »upplementAl decree Insaidcause.of date July
8th. lRHe, I. the undcreit-ned. Master in Chancery of
said Court, and named in t<aid orders, witi on the Itfth
day of Auffust, IHHtJ, between the hours of 9 o'clock
In the forenoon and 4 o'clock In the afternoon, commendnK at 2 o'clock p. sr. of paid day, at the front
door of the building In which the united States
Courts are held in the city of Keokuk, in the State
of Iowa, offer for ^aW and sell at public auction to
the best and hlKhest bidder, in parcels as hereinafter
mentioned, the premises described in said decrees.
being the same prcmices conveyed by the defendant
Bailway Company to the complainant, The Fanners'
Loan and Trust Conijtany. Trus'ee. by two separate
mortKaKes— one hearing date the 1st day of June,
187iJ, and the other bearing date January 0th, 1879,
the latter being In the nature of a mortgage of further assurance, abrief descrlptionjof which premises
and prn|)erty if. as follows:
All tlie ricbt, title. Interest and equity of redemption of the Missouri, Iowa & Nebraska Railway Company, and of any of the defendants, in and to all and
singular the railroad of the said Missouri, Iowa &
Nebraska Railway Company, including that por'ion
heretofore sold and conveyed to theHumeston &
Shenandoah Railroad Ct nipany, as the same is now
laid out, constiucted and operated, extending from
the city of Keokuk, ill the C<iunty of l.eeandthe
Btate of Iowa, and through the counties of ( lark,
Scotland and Schuyler. In the State of Missouri, and
the counties of l.ov, Appanoose, Wayne and Decatur,
In the State of Iowa, and to the town of Van Wert,
In said last-named county, a distance of one hundred and forty. eight and twenty.flveonehundrertths
(148 25-l(Xt) miles, more or less, and all other proi>erty belonging to said railway comiwiny of every
kind, nature or description whatsoever at the
date of ssle or thereafter acquired, and more particularly described in said decree of October a2d,
3880; andatsoall the franchises of the said railway
company aJl at present e-xistiiig, together with the
rights, privlleg" s and franchises of said rallwav comwith reference to any extension of
Cy,as s|>ecitled in
its charter.
said l>roperiy will
be sold
In
its
present
two parcels,
Tll.:
The first parcel consists of all of said mortgaged
Sroperty, except the seventeen and elaht one-hunredths miles (17 8-100) of said railway, extending
from Uumeston to Van Wert, both in tlie IState of
Iowa.
And the second of said parcels to include said seventeen and eight one-hundrcdths (17 8-100) miles of
aald railway: which said second parcel will lie sold in
case there be not realized frtim tiie sale of the first
parcel enough to pay all the moneys found due by
the decree last abovo-mimed, that is to sav, the sum
of two mtllion five hundred and ninety-two thou.sand
three hundred and sixty nine dollars and sixty cents
(H!,59iJ.!)««.8o) with interest thereon at the rate of
MI per cent iB per ct.l per annum from the 8th day of
July, 1880 payable semi-annually, and the further
sum of Ibfrty-elght thousand Mve hundred and
twenty-f. ur dollars and ninety cents ($S8,S24.90I,
with Interest on seventeen thousand (tl7,(i(XI) dollars,.part thereof at the rate of seven per cent (7 per
per annum, payable semi-annually, and on the
realdue thereof at the rate of six per cent (6 per ct.)
per annum from the Mh day of July, 1886, and the
costa of suit and accruing costs.
Among the terms of sale required by said supplemental decree is that the purchaser at said sale, and
on the day of sale, pay In cash or Receiver's certificates, authorized to be Issued by order of said Court
In said oauso by Thomas Thacber. Receiver, the sum
of three bnndred and twenty-fire thousand ($326,000)
dollars, and the balance of said purchase money at
the time of the delivery of the Ma.ster's deed, be
pud In cash or In the Receiver's ccrtiBcjites aforesaid, or In the hondsand coupons of June 1st. 1S70,
ecnred by the mortgage above mentioned, which
hondsand couiKins wOi he received and accepted in
pajment of said balance to the extent and for the
anioiint which the holders thereof would be entitled
'" f?S, distribution of proceeds of sale as
i2i*Sf
I®.
provided
In said decree.
P. T. LOMAX.
JlMtyr In Chancery of said v,^»>v.
Court.
ir,»i..i. IIowa,
Keokuk,
July 17th, 18Se.
ct.)
TLRNKR, LKK 4 MoCLURE,
Complainants' Sollclters,
»o Nassau .street. New York,
'gvnst i^ampsLUits,
Metropolitan Trust Co.,
MIUb
BiiiUllnif,
t^.f**?».?""
Designated as
3.'5
Wall St.
New York.
< Ai'iTAL, «!1,000,000.
a legal Iiepository by oi^der of Sn-
Receive deposits
jt money on Intir^l
£22?«^.2Sr^•*«"'•
trustee for corp^
SSi?itS"J-2^i.^''°'i*"'
tloo^
and accept and execute <"
any legal tmste
eorporatlons on as favorable
"tv. oura vamw mm
ISt!^SF,
S^
Vmnu
Otaerilmllar companies.
TIIOMaS IlILI.TlonsE President.
States Trust Co.
OF yEW YORK.
49 DTALL STREET.
and Snrplns,
This companj
Is
and
Is
Into court,
ADOe of a decree of said Court, entered lu the aboveeDtlUed cause on the 28d day of October. 18S0. and
That the
OF THE
ATLANTIC
Vloe-Pres't.
Joslah O. I.OW, ,E. K. Knowiton, H'y K. Sheldon,
Alex. M. White, John 'i'. Martin, C. I). Wood,
Kred. Cromwell, Wm.H. .Male,
A. A. Low,
Ripley Kopos.
John I'. Rolto,
Alex. McCue,
Aliram It. Baylls,
MIoh'lChauncey.K. W.Corlies.
Wm. B. Kendall, U. B. Flerrepont, H. W. .Maxwell,
JA.ME8 RoS.S CtTHRAN, Secretary.
tw.
Is
OFFICJE
,
of Oovcrnraent and other securltMi.
Religious and charitatile institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
formoney. RIPI.KV Kiil'KS. President.
CroBS-Complalnant,
PUBLIC NOTICE
^
,
Insurance Co.,
iVfutual
I
& Company,
Tms Missoi'Bi, Iowa & NkBKASKA HAII.WATCOMPA»r,
The KAUXEI18' Loan and
and
Company,
BITbcst
,
In the sale or management of
real estnte, collect Interest or dlTltfends, receive registry and transfer hooks, or mak«^aurchase and sale
can act as agent
It
TRVS'IEIIS
Original
Defendaata.
Urn, HioaiKsoN
%nsuv^nce.
The Brooklyn Trust Co.
Master's Sale.
TBI Missonii, Iowa & Nr.II1U8KA Railway Company
AKO OTBKB8,
[Vol. ZLini.
$6,000,000
a legal depository for moneys palO
authorized to act as guardian oi
NE'W YORK, Jannaiy 23, 1886.
The Trustees, In conformity to the Charter ol
the Company, submit the following Statement
of its affairs on the 3l8t December, 1885:
Premiums on Marine Risks from
1st
*™'lNTBBEST ALLOWED ON DEPOSITS,
which may be made at any time, and withdrawn aftei
Ore days' notice, and will be entitled to interest foi
the whole time they may remain with the company.
Executors, administrators, or trustees of estatea
to the transaction of bus!ness, as well as religious and benevolent Institutions
will find this company a convenient depository foi
and females unaccustomed
JOHN A. STEW art, President.
WILLIAM H..M.\CY, Vice-President
JAMES S. CLARK, Second Vice-Presl
money,
January, 1885, to
31st
December, 1885
$3,856,618 66
Premiums on Policies not marked
ofl Ist January, 1885
1,339,525 10
Total Marine
Premiums
Premiums marked
ofi
$5,196,143 76
from 1st
January, 1885, to 3l8t December, 1885
$3,770,094 30
the same
Losses paid during
period
$1,915,020 67
TRUSTEES:
Dan. H. Arnold, D. Willis James, Bobt.B. Mintum,
Thos Slocomb, iJohn J. Astor,
Geo. H. Warren,
Charles B. Bill, Mohn A. Stewart, George Bliss,
Wilson G. Hunt. S.M.Uuckl'gham, William I.ibbey,
Wm. H. Macv, H. E. Lawrence, John C. Brown.
Clinton Gilbert,
Daniel D. Lord,
Isaac N. Phelps, Edward Cooper.
Erastus Corning, W.Bay'rdCuttlng
S. B.Chittenden, Chas. S. Smith,
John H.Rhoiuies, Wm. Rockefeller,
W. Phelps. 'Anson P. stokes, Alex. E. Orr.
L. THdKNBLI., Secretary.
LOUIS G. HAMPTON. Assistant Secretary.
Samuel Sloan,
James Low,
Wm.
HENRV
Union Trust Company
OF NEW YORK,
78 Broadway, cor. Rector St., N. Y.
CAJITAt,
SDRPLCS;
$1,000,000
|8,000,'000
Authorized to act as Bxecntor, Administrator
Guardian, Receiver, or Trustee, and Is
A LEGAL DBPOSITLKV FOB MONEY
Accepts the transfer agency and registry of stocks,
»nd ects as Trustee of mortgsgea of corporations.
Allows interest on deposits, wlilch may be made at
anytime, and withdrawn on Bve days' notice, with
Interest for the whole time they remain with the
company.
For the convenience of depositors this company
also opens current accounts suljject. In accordance
with its rules, to check at sight, and allows Interest
upon the resulting dally balances. Such checks pass
through the Clearing House.
„
Wm. Whitewrlght,
TRUSTEES
James
Ami
^^"''
B^-S"!.;^.R.T.Wilson,
C. D.
8.
vyood
James N.
M
Mfl.ean,
Lsland,
Jan
Wm. F. Russell,
1
I
a.
A Low
G. G. Williams,
k. G. Remsen.
Bdward King,
n H M^'if'
SJS;.J'g*Jl'"1'
vi^^^,S- CThart.
Johnston,
Edw.ird Schell,
Ama -a J. Parker,
Samuel F. Barger,
ff^Kli^l."®''
.
Robert Lenox ^
Kennedy,
Geo. c. Magoun.
J- J*
WV-. *=5ECUTIVB
tlSj^'u",''*'"'
James
M McLean,
COMMITTEE:
B. Johnston,
D. C. Hays,
c. D. Wood,
a. C. Kingsland.
w™
J.
The Company has the following Assets,
United States and Btate of New
York Stock,
ceivable
Amount
$12,740,326 46
Srx PER CENT INTEREST on the outstanding certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday,- the 2d of February next.
THE OUTSTANDING CERTIFICATES
H. CHAPSIAN,
J.
Secretary.
« Williams,
b. b. Wesley,
TRCSTEESt
Vlce-Pres-t,
613
Co.,
CHESTNUT STREET,
PaiI.ADELPHIA«
Anthorlied Capital
11,000,000
Paid-up Capital
600,000
AcU as Executor, Administrator, Assignee, etc..
and executes trusts .of every description known to
the law.
All trust assets kept separate from those of the
Company.
J. D. Jones,
Charles Dennis,
Adolph Lemoyne,
W. H. H. Moore,
James Low,
Robert B. Mlnttun,
Charles H. Marshall,
Frederick H. Cossitt,
A. A. Raven,
WiUiam Bryoe,
Wm.
John Elliott,
James G. De Forest,
BturglB,
Bei^amin H. Field,
Joslah O. Low,
MAULON
Pa.;
Dr. OooTge W. Rclly. HAHH181HIIIG, Pa,; J. Simpson
Africa, HtTNTINUDON; Henry 8. Eckcrt, READING!
BMmnndS. Doty, Miffli.ntown; W. W. II. Davis,
DOTUiSTOWN! R. E. Monaghan, WuaT CHKBTSBJ
Cbas. W. Cooper, Aluentowm.
Charles D. Leverlob,
L. Biker,
N. Denton Smith,
Thomas B. Coddlngton John
,
Burglar- Proof Safes to rent at 15 to $80 per annum.
Wills kept In Vaults without charge.
Bonds. Stocks and other valuables taken under
guarantee.
Paintings, Statuary, Bronzes, etc., kept In FireProof Vaults.
Money received on deposit at Interest.
-lOHN G. READING. V.-Prest.
'^S,-}^?^i,^^'^8. STOKKS, Treasurer * Secretary.
D. R. PATTERSON, Trust Officer.
DliutCTpK8.-James Long, Alfred S. Olllett, Joseph
Wright, Dr. Charles P. Turner. William S. Price,
JohnT. Monroe, W. J. Noad.Thomas it. l>atton,John
Q. Reading. Wm. H. Lucas, I). Hayes Agnew. Jl. D.,
Jos. I. Koefe, Robert Patterson, Theodor C. Engel,
Jacob Naylor, Thos. G. Hood, Edward L. Perkins,
I»btladelphia; Samuel Riddle. Ulkn Riddle.
ol
the issue of 1881 wlU be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February
next, from which date aU iaterest thereon wlU
cease. The certificates to be produced at the
time of payment and canceled.
<*•
The Union Trust
AND
1,508,143 58
228,897 88
Cash in Bank
Second Vloe-Pres't.
A O.
n BnV?l^^T.'jA'i'^5,''^"''
A,
RONALDSON. Secretary.
611
Bank and
otherStocks
$9,034,685 0©
Loans secured by Stocks and
otherwise
1,438,60
Real Estate and Claims due the
Company, estimated at
530,000 00
Premium Notes and Bills Re-
President,
FPy^'VP
M. K^'S;
Mclean. First
^^JlSi
City,
vl«.:
la
declared on the net earned premiums of the
Company, for the year ending 31st December,
1885, for which certificates will be issued oh
and after Tuesday, the 4th of May next.
By order of the Board,
C. Vanderbilt,
George Cabot Ward,
$776,712 42
I)enses
A DIVIDEND OF FORTY PER CENT
n. roiningnam,
George A.Jarrls,
I.
Piatt,
R.'™i^S^''.w..
lames Forsyth,
Returns of Premiums and Ex-
William Degroot,
Horace Oray,
William E. Dodge,
William H. Maoy,
C. A, Hand,
John D, Hewlett,
William H. Webb,
Anson W. Hard,
Charles P. Burdett,
Thomas Maltland.
Edmund W.
George
Bliss,
Henry E. Hawley,
William D. Morgan,
Isaac Bell,
Edward
Floyd-Jonea,
Corlles,
JOHN D. JONES, President.
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d
A. A.
RAVEN, 8d
Vlce-Pres't.
Vice-
esldent
JOLV
17.
TUV <TIHOM<'lE
ISW.J
V.l
pVisccHawcotis.
i'ubli cations.
EQUITABLE
ASSL'RA.\CE
. MYO B,
A«SRT!!i,J*srAiiTi«t.
mat vlth con*
tinuoiu oonuneodatton mod loo-
third rear. haTloa
Prealdest.
WW
LIABIUTIKS,4p*rc»ni VklwUoa
A WKKKI.% MAGAZIKE.
•5^25^?^S
ttM>.H>*ri
..
bItco flrt7-twu oamber« of
..txTv-fotir pacot each, or looro
It
H3.-««.«*13
SlRPI.fS
tl, ,'i
(SorplunoB N. Y. standard 4^1 percent
IntcrMl, •I1,4»&.32S,4U.)
-•«
.V«wA...
..cralnlMS
PwdPullci-UuiOvntlaceOisanuatloa
TiA«lji.t.l
l.tiuMt ID
1
.
..
,
ISS'Sii'ESSS
T4*lia«SC6
HUlureiU
ISJWu.iOtU
1«M
The United
States Life
Insurance Co.
TUB CITY or NBW YORK.
IN
(OROAJIIZKD IN
Mi
861,
It
BfUMNAR.
PrwUlrat.
C P. r«Al«igM. Bart. A. W«««Lwmi0BT. Ai*t •e.
vmfOBD, AataarrAn tk* vroata Mloac la tk« rafcey fcoM
i
AU POIMaa !»>
wmaror-
ky IMa Oipaaj ara
asaia-
ABLaaftarlteaa yaata.
DwtkCWiMMM vrraoVTDUCoDSTM Moa
All
ban HMUm
fonM af la
i. laIiaHa« CWiin t^a IMII^ T<»
a> Mtuficuiry »fOof» kava
«
mw
Tkia CoMpaar lana* an
aaailTwlIm
nm
COTary. Vt<vir7. SdeotlUc, BH«rm|'blcal,
Uliu^rlcml and I'ulltleal Inrormatlon.
frum tba aniira bodr ol roraico
P»niMllnU Lltermtarr.
ererr A meriean raadar,
It !• thvaforc liiTaliubIa
aa tka only aUUfartortly freab and COMPLKTM
of aniDdUpenaablo earmit lltaratora—
r bacsoM It emfeiaeaa tha pfvdacUona af
m
an brancbra of Ui^ratartb B tlaa c a. PoHUea aad
Art.
"If ianoti<»>mncb toaar that with Tna Linxo
A<.i. •maoommaoda tbe wbolaflald uf carraot Utarary a.'tlTii; : aad II haa oorar baao ao bftabt, ao eoaitiabanal»». ao dlTonlOad la talaraat aa (t la to-day."
-Al fj a
IVaaa lhT.
^bhaaaowforaMayyMnhaMtho IrM pUeaof
"Tkara la nothina
Botaworlby in adaoc*. art, INaratar^ Mosrapby'
phUoaoDhy or rall(toa. that aaBaot ba /oood In It."
• • 'It >--DtalBa nearly all Ika aood Utarataioof
tha Uaaa." -Tka Ck arali— , Jfav TStrh.
"Naany tha wkola wottd at aalh w a aad wiltan
apaaa r la It la Ikatr baat
di * * * "Tka t aaia r
la kapt wall abcaaat of tka uanwt tho^Jit of tka
aaa."— Aaloa Jiturmat.
^- It nay ba truthfully aod aodlaUy aald that It
aarar » i»ri a dry or ralaalaa* paaa."— W*w fork
an oar aanal
i»il
Oaa Boalkli ffM*
mrmmt
li Ika
of
Ptaarta— aaTotl»aPo«<i» and Ma dafi^ wt—»
on aM Btkwa Ifca iMUaaw raaaMna M fan fun*
pabllcatlooa." • *
It
aarn
lii
»aB7. ara laTliad lo
» n«— to* AjMaatai.at
n
la
J. a.
OArrnwr,
ComSa»«r>
.
.
^ Id U
—
LIFE INSIKANCE COMPANY.
.%K>VAKK,
AMXI DODD,
•
.
•
\. f.
•
maMaal.
-
AaiMU(Mar*M
UaMIIIIOi
•arptao
It
4Ml«IA4I«
Volnasi
par omt UMcrrol
WtMtJ^n
».7»flJ»\
M
1»
m
PRINTS. DENIMS, TICKS, DUCKS. *«.
Toirala, anlltailVlilte Gooda & Hoatory
DriUt, Hhetling: de.. for Mxvort IVada.
-Pm— Pit
of tha
Menbara ot tha Cotton. CoObeand Produce Exch'a
AODtCT or
THE
CO.,
HAXALL CRENSHAW
RICHMOND, TA.
Btandafd Branda of Flour for Shipment to
Cllioatea alwaya on hand.
Warm
ORIENT GUANO HANUFACT'e
CO.,
OKIENT.
Standard
mora
•«•» win aacvawkiek
r otkar way ot
_Mnaa. Aaaaitfart.
~ roaaiiwoa^a week, W'tHraa wklla rat fraah. tha
at tka day."—
ihafDramoat
wittan
pnidac«l>in«'>r
Jfoalmsl u.i:>tl^.
pabiubrd « I r k T »i |M a yaar. fraa of poataaa
AOK and any oaa of tba
or. for 110.
Harmrr-t ITaaM* or Aaaar)
ABancanli
t liald: or. foriu to. Tma
win ba aeni
i.u-JiM. Addraaa,
Lirma aui.
I
OF VIKGINIA.
Ulcb Grade Py ntea free from Araanlo.
BrinckerhofF, Turner
&
COTTON SAILDUCK
LITTKL.L
Alao, Aitanu
ONITBD aTATBS BVNTINO
A t«U anpply, aU WIdtha aad Colore, alway*
No. I09 Daane Rtreat.
m
m
onl lan ial
oaa ka madm
ai -T.
paid UaaMdlalalT apoa oosploboa aa4 a»-
Looan
Alexander
ST.
AL'GIJSTA,
L0UI8, M».
HTABMSHBD
France.
York I William B. I>ana A Co.. Proprletora COMmBALA r Uf AXCTA L CmoHiCLl, and Other New Tork
ci
oaiauot Aeoooat Soota aod
' ,Vaw o»ne«ma onmnl«lB(
apUy aaacotad.
m
Mo.
.
MS
ooaiplala
1
will
hava thair ordara
N. Y.
Bulldlnx) 1A40.
EXCHANGE BMLDING.
SPECIAL ATTENTION TO COTTON FUTURES.
&
WILLIAM STREET,
G.
(UANorm
WaRB A SCtlROEDKH.
COTTON 00MMIS8I0N MERCHANTS.
SUDABII.I
Schroeder
Co.,
Saceaaaoia to
SECURE BANK VAULTS.
Cotton Exchange Balldlngr,
WBW YORK.
Uana-
otta^ (Ml Mafr-
Dennis Perkins
&
Co.,
COTTON BROKERS,
aatatnnii
125 Pearl »trcet,
WELDED CHROME STEEL AND IRON
la
BoBOd and
Flat Bara.
and 6
and Aniilaa
Ao.
Drilled, and praotleally
ply Plataa
FOR SArES. VAULTS,
Cannot be Hawed,
'
BB
TonUna
COTTON MERCHANTS,
COTTO.N
La lloarvomo
'bampiwno liMwI. <ut-
•yat lal Train rra
Haara to Pnrta.
Tka Cooipaania Om""— Tr.n..iiaiiUaao dolKon
MlUoflaote
I lu ammlM Haw Tr'.
-iia Uat<
,at( fro*
HaTTalo
'hmaaklo Pan*
wnkn-t aaalaatloa »
Mdpaoaaaaan
paar't dook la
Haa Tork^ar BNbr
of HoftoaM.
t taai
twa taan *«•
aoraMaaaa.Hi'HiA,'*, Acaat,
LOVI*
Mo. 3 oOTlInc Oraaa.
(In
WALDRON A TAIKTER,
'«•«. Sit
n# vtna>?-To
PBAPI. STREET,
aUbllabod
Banka. Bankara, Btoek Brokara and Corpo-
"iwllh
Bnar. root of Moftoa St
Travalan
a»«l
hj IM*
t
Una a*ot« bott uaaMt ky JtMitoL
r»fu nf »>.,««( Iha Oanaol
(,
COTTOM
BFIMRKBS and BXPORTEBS.
CoauMPOiTDKifoi BoucrrsD.
R«nre«Nr«ii.-NatlonaI Bank of Ancuata. Oa
Henry Ilanta & Co., Commlaalon Marobanta, Naw
No. 118
STATIOIHEB AND PBINTBB.
aaBaa
rnm PMT (M«)«AK«tt
i«lrlT.iJIOAJI
Jalr kit P.M.
>-*u.jBlrll.tP.M
.B»t. Amfit i.a«"o.
^at.. Aar. U,
A. M.
IMS.
Ennrene K. Cole,
(iENERAL TRANSATLANTIC CO.
Batweaa HVW YOKK aad BATHB.
1
tor
IMPORTMRS OF
ONLY
I
TO ORDER
Wenman & Co.,
RON COTTON TIES. James F.
C!OTTON BROKERS,
SntumBUips,
.
GEORGIA.
Entire attanUoailren to pnrctiaae of
Maaatkatanra' Aianta for Uia aala of Jata Bauhna
Ip
&
Cargill,
COTTON BROKER.S,
* oratz
warre:v, joxes
ttt i*r*B«lft.
Direct Line to
CO.
la itoek
<!!^ott0ti.
CO.. Boaton.
dc
BAGGING.
f
pmvai
CAITTAS.
BAUB, "AWNINO STRIPES.
^isccUati«0tis.
A riar tka tkwd ya» Polldn afa nroamarABUk
wn
PoHaMa
klnda ot
PKLTINO DDCK. CAB
OOTnUNO, BAOOINO. RAVENS DUCK.BAIL
TWINES, Ac "ONTARIO" SEAMLESS
onkaim
i
Co.,
Maaotaetarari and Jealaia la
,
ami a* jumtaut mtoaWannl ftaad lan^ aM nmrUftMMafCr tfvoiloranaMiiHHaM ^<ai^
CABiiAAaaaaBaMtolkaaM* atMporMal
«ala«b alMra *alM aala aonu of ika
1.. I.
Superphoapbatea.
SULPHUR MINES COMPANY
~
r»ll«laa Akaolatair nom-WurUUmMm
Attmr Sac*B4 Yaar.
Is CA«B or LAraa tka PoUcr la roirmnnat a
romem — kma » lu ralao «UI par fori or. It *r»fonad. a PaM^ip »ali«7 lor Ha fall Talaa U loMMd la
of tka
Wisner,
WALl. ST., NEW YORK,
commi$»»tio\ !nEKcii.4}VTS,
Aad aU
aa l atUp partodleala.''-tf. T.
r
&
Crenshaw
OOTTON
t
tItU.
'
BLEACHKB BUIRTINCS
AND SHEETINC8,
dc
'
~ In fart, a raadar nai
pabllcation to kaap bim i
tiedleal Utaralara.''-MMdi|
mutua"benefit
BBOWN
in, all
poaatbla to be aa
earrcnt lltaratara aa ky tka pacaaal
It la
aloaa Il.tnfaonibllaa.'—r'
'
r
UaaaOSoa.
York, Boston, Philadelphia,
8KLLINO AOKNT8 FOR LKADINO BRANDS
Idam, hiatory,
•raalad
Co.,
New
ef ctTtttaaUoo."- I'krt*.
•
ot lAla Mia.
utrn i l Um
Fabyan &
Bliss,
C
lu paaaa aloaa
OOOD ASMRTiL dMiitni
ihe Judirea of any of tha Curia.
' It haa baoAa indupaoaaMa."—IT. T. Okaaraar.
"Tka baat poMlralion wa knew In tha world"—
If ai iilil Har. Il'ilintii»t<m. It.
• It aaaklai lu raadora l« kaae tally abraaat of iba
,
povotamj aad
and Commorola] Law.
RirKKENCts:-TherrustConipinl0a.TheXatlona
Bankaand Railroad CnmpanlealD Philadelphia, aod
hot BOaay.'^ftc«lf
nr>t
noly tiao
.vti. PniitcUca.
daitac Ika gmHb
AbMlaia Mcarttr. aoaMaad with tka lafiaM Uk«t>
alHr. MMfa* tfea
tasr.
I-blladelphla, Pa.
CoriMiratlon. Tranaportailon
MO
caawkaiai.,
Maai.
Porter,
71
Id
IHBA.)
Oaa. H.
r.-oiintt
> hi!, io an laazpeiulTe furau
^»a^u^Ht>'ii>ldorlBa Ha creat anutont of
wlih frviibD«>», oalaB to Ka waakir Inao.
and with a oomplMencM aoaMN alaa atlanptod,
boat KHar>. UeTtawa. TStMlama. Saflal aa
Shun SloriM, Skeicbaa of Tm*al and Uia-
ABLEST LITIKO WBITERS
268 Brok4w«7, New York.
T. H.
octaro pweo of
mattar reariy. It pra-
I'le-eolnniB
.1
Coio-
AND A QUARTER
THOC8AXU
lilllKK
aurrlutttr UoAUiNn, •<• <T<niae<a«dvd s/ rafua-
Hm^rmVtimtmi./mKw1»trUJt tm m mma
W.
'%TN 1886 TBE LITIIfO Attorney antl Counsellor at Laiv
^ ACIK ontcra apoo Its fortjKo. 623 WALNUT STREET,
BUOAOWAY, NEW YORK
190
BBNBY
William
Littell's Living Age.
tStOCiETY,
L.IFE
''nt i>r
Boralnr Proof.
CnRORIE STEEL IVORHS.
Clmilara Free.
BROOKLYN,
N. Y.
New York.
Ordera for Spot Cotton aod Futures promptly
executed.
FELLOWEti, JOHNSON A TILE8T0N,
COTTON, STOCKS, RONDS, Ac,
m
Ordera
In
WILLIAM S1RBKT. NKW YORK.
" Fulur ea" rxi
mied
at N. V.
Cotton Gicb
THE CHRONlCLJii
TUI
Cotton.
Woodward &
IJULV
<^0ttim.
INMAN,SWANN&Co
MADE OS ACCEPTABLE SECURITIES.
BPtcuL AmxTioN TO Orders roR Contracts
j
Personal attention Klvon at the B.YCUANOES to
the TiurchBse and sale of STOCKS and BONDS for
cash or on niarKln.
UKI'OSITS KECEl VKD-BubJect to Check at sight
FOR Future Delitert or Cotton.
New
Batch.
it.
RnAvrnniririnics!
BBA.VCH
OFi-iCES 133 I'hurch Street, N. Y.,
y„^ (hapcl St.. Ncw tlaven
COTTON MERCHANTS,
WANTS
P. Hatch.
NASSAU STREET, NEW YORK.
14
NEW^ YORK.
COTTON. AUi GRADES, SUITABLE TO
Henry
Arthur
T. Hatch & Sons,
BANKERS,
W.
MERCHANTS,
bOAIIg
I.i-tl.
IP^tsjcjeltaneous.
Walter T. Hatch.
Nath'l jr. T. Hatch.
Stillman,
Post Bnildingr, 16 & 1$ Exchange Place,
17
— with i[iterest
York.
S|)eclul
upon
tialances.
INVESTMENTS and
HANKERS.
attention paid to
accounts of COU.NTIIY
of spinners
Optbred on Terms to Suit.
& Co
R. Macready
Bethlehem Iron Comp'y
40 and 42 Wall Street,
,
G. E. Staenglen,
COMMISSION MERCHANTS,
NEW
Cotton. CofliM,
in
New Tnrk
ORLEANS,
132
Boii«bt and
COTTON COMPANY OF STUTTGART.
City.
Henry Hentz & Co.,
COMMISSION MERCHANTS,
South 'William St., New York.
EXECUTE ORDERS FOR FUTURE DELIVERY
COTTON
NEW YORK. LIVERPOOL AND NEW
LBAKS COTTON
COFFEE
NEW YORK COFFEE EXCHANGE,
and
NEW YORK PRODUCE KXCH 4 NGE
and
CRAIN AND PROVISIONS
at the
the
CHICAGO BOARD OF TRADE.
Correspondents
Menrs. Smith, Edwards
A
Co.,
Lea McLean. New
Lehman, stern A Co.,
New
Lehman, Dubr A
STREET,
NEW YORK.
Correspondence
COTTON, ORAIN,
PROVISIONS, COFFEE.
ORDERS EXECUTED IN
Phenix Insurance Co.
OF BROOKLYN,
.L.
Henbt
Buli.abd.
&
BuUard
H. Whebleb.
New
York and Liverpool, and advances made on Cotton
and other produce consigned to ua. or to our correspondents in Liverpool Messrs. L. Rosenheim A
Sons and A. Stem & Co.; In London, Messrs. B.
Newgass A Co.
BABCOCK&CO.
COMMISSION MERCHANTS,
Wheeler,
NEW
BAGGING AND IRON TIES,
(FOR BALING COTTON).
CONTRACTS OF COTTON.
BABOOCK
38 Naasan Street,
New
York.
Robert Tannahill & Co.,
Cotton Commission Merchants,
Cotton Excbance Bnlldlne, Nevr York
Walter & Fatman,
COTTON BROKERS,
SS
BBAVBR STREET, NEW YORK.
F. HofFmann,
COTTON BROKER AND AGENT
38 RUB DB 1.A B OtTRSE. HAVRE.
Geo. Copeland
&
Co.,
COTTON BROKERS,
184 PBARI. STREET,
NEW YORK
Company
Insurance
OF HARTFORD.
Hanemann& Co.,
Mohr,
Cotton Ezoh. Building,
New
186 Gravier
Street,
Capital
Uabilities for unpaid losses
aud re-lnsuranoe fund
Assets Jan.
New
York.
Orleans, La.
JAS. A.
OKDER8 FOK FUTURE CONTRAOT8.
Gwathmey
&
Bloss,
COMMISSION MERCHANTS
PEARL
No. 123
ST.,
NEW YORK,
1,
1886
Ko. a Cortlandt
Bpecial Attention Givsn to thb Ezeootion
OF
Orden
for future deliverT of Cotton executed la
New York and
vlalons In
New
Liverpool; also for
OralnandPru
York.
$4,000,000 00
2,057,776 24
3,202,320 41
Netsurplus
«»,260,096 65
St.,
New York
ALEXANDER,
North
Agent.
British
Co.
Mercantile Ins.
8c
OF
LONDON AND EDINBURGH.
U. S. Branch Statement Jan.
Invested and Cash Fire
Special attention given to the porchase and sale of
Future Contracts.
In Mew York and LlTerpool.
President.
^TNA
YORK.
Advances made on Cotton ConslRnments and Special
Attention given tu purchase and sale of FUTUKli:
IT TTater Street, I.IVERPOOI.,
Becelve consignments of Cotton and other Produce,
and execute orders at the Exchanges in Liverpool.
Represented in New York at the office of
.
Cltr
WM. R. CROWBLL. Vice-President.
PHILANDER SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.
FRANCIS P. BURKB. Bec'y Local Dept.
;
D.
New York
STEPHEN CROW^ELI.,
.ALSO
Chuhch Street,
in
195 Broadway,
$4,312,490 28
John
•
Orders executed at the Cotton Exchanfres
Office,
COTTON COMMISSION MERCHANTS
EXCHANGE PLACE.
SAM'L
soliclteil.
YORK, CHICAGO, ST. LOUIS, Btatemtnl of Company \tt Day of Jan., 1885.
OASH CAPITAL
|1,000,000 M
Reserve for unearned premiums
2,390,986 07
LIVERPOOL, HATRE AND
Keserve for unpaid losses
^ffiJSSn 87
Netsurplus
640,991 18
NEW ORLEANS.
Co.
New York.
B. F.
& Commissioa Merchants
Liberal advances made on Cotton consignmenta.
Special attention given to the sale of cotton to arrive or in transit for b< -t h foreign or domestic markets.
PETROLEUn, STOCKS,
MEMBBBS OF TBB COTTOIT, OOFFEB AKB
PBODUOE EXCHANGES.
20*
Cotton Brokers
NORPOI.K. VA.
W^IIililAin
1
MontKOmery, Ala.
OOBIiniSSION niERCHANTS,
Cp-town Office. No.
Co.,
Co.,
NEW
LEHMAN BRO'S,
Cotton AND Factors
No. 40
&
Williams, Black
&
Reid
Price,
Cotton Brokers,
Orleans^
Orleans, La.
CO.,
NORFOLK. VA.
:
LlTerpool.
Jas.
KURE, FARRAR &
Paid-Up Capital, R. H. 6,000,000.
OREXCIIANGE8. Also orders for
«t the
Liberal advances made an Cotton conslRnments.
Special attention Kiven to orders for contracts for
future delivery of Cotton.
Antborlzed Capital, B. H. 20,000,000,
8
«t the
Farrar & Jones,
PEARL STREET, NEW YORK.
AGENT FOB
Bold for Cash, or carried on Margin, on the Tarions
Bzcbangea
NEW YORK, NEW
YORK.
Oram and Petroleum
New York.
Idanliattan Building,
EXCHANGE BUILDING,
COTTON
Asseu
1,
1886.
(3,421,870 76
LIABILITIES.:
Reserve for Unearned Premiums
Reserve for Unpaid Losses
Other Liabilities
Net Siirplua
(1,189,^47 48
150,887 77
58.160 38
.•2,015,385
IM
13,421,870 78
Henry M. Taber
141
PEARL
ST.,
&
Co.,
NEW YORK.
S. In 19 years ..Sl«,2'.20,138 03
Branch Office, 54 William St., N. Y.
SAM. P. BLAaDEIT,
WHITE.
CHA8. E.
Losses paid In D.
U.
8.
Mauagera.
COTTOIV.
JAS. F.
Advances made on ConstynmenU of Cotton. Con
tracts for Future Delivery of Cotton bought and sold
DUDLEY, Deputy
Manager.
COMMERCIAL JJnIGN
on commisaiuu.
JOHN u
CI.ISUV
ac
CO.,
Assurance
COTTON BUYEB3,
limited,
of london.
mONTGOniERY, ALA.
PaBOBAgl ONLT ON OBDEHS EOR A COMMISSION
Co.,
Office,
Cor. Pine
£
William SU.,
New
Tori.
@FedFRASER