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REPRESENTING TH E IN D U STR IA L AND COMMERCIAL INTERESTS OF TH E U N IT E D STATES.
[E n te re d acco rd ing to A ct of Congress, In th e y e a r 1894, by th e Willia m B. D ana C om pany , In th e office o f th e L ib ra ria n of Congress.]

VOL. 59.

SATURDAY, JULY 2 1 ,1 8 9 4

NO. 1517.
Week Ending July 14.

3 p te

© I tr o w ic lc .

1894.
$
448,776,721

New York.......................
Bale* of—
Terms of Subscription—Payable In Advance:
(Stock*........... shares.)
(731,301)
(Grain........... bushel*.) (21,161,500)
F o r O ne Y e a r............................. ................................................ $10 00
F o r S ix M o n th s............................................................ .............
6 00
Boston..........................
83,832 828
E u ro p e a n S ubscription (including p o sta g e )....................... 12 00
Providence....................
4.732.800
E u ro p ean S u b scrip tio n Six M onths (including p o sta g e ).
7 00
Hartford.............. .
2,776 032
A n n u al S u b scrip tio n in L ondon (including p o sta g e )— A 2 10s.
New Haven.................
1,775,259
S ix M ob.
do.
do.
do.
. ..A l l O s .
Springfield.............. .
1.283.056
1,329,412
T h e I nvestors ’ S u ppl e m e n t of 160 p ag e s is Issued ev ery o th e r Worcester...................
P
ortlan
d
...................
1,295,781
m o n th , o n th e la s t S a tu rd a y s of J a n u a ry , M aroh, M ay, J u ly , S eptem ber Fall River....................
772,019
a n d N ovem ber, a n d fu rn ish ed w ith o u t e x tr a ch arg e to a ll su b scrib ers Lowell..........................
672.0W7
o f th e Ch r o n ic l e fo r six m o nths o r longer.
New Bedford...............
445,623
T he State and Cit y S u ppl e m e n t of 184 p ag es is also g iv en to ev ery
Total New England.
98,914,907
yea rly su b scrib er of th e Ch r o n ic l e .
:£
58,438.327
F ile co v ers a re sold a t 50 c e n ts each, a n d to new su b scrib ers fo r a Philadelphia....
13.SwO.556
e a r one file co v er is s u p p lied w ith o u t c h a r g e ; p o sta g e on th e sa m e is Pittsburg..........
18,509.898
Baltimore.........
8 cen ts.
4.451.125
Buffalo.. . . . . . . . .
1,818 273
Washington....
Terms of Advertising—(Per inch space).
1,408,617
Rochester.........
$3 50 T hree M onths (13 tim e s). .$25 00 Syracuse...........
O n e tim e ....................... .
814,878
(26 “ ) .. 43 00 Wilmington.....
807,481
O ne M onth
(4 tim e s).. 11 00 Six M onths
388,700
T w o M onths
(8 “ )-. 18 00 T w elve M onths (52 M ).- 58 00 Binghamton....
659.960
Scranton*........
(The ab o v e te rm s fo r one m o n th an d u p w ard a re f o r sta n d in g cards.)
97,647.855
Total Middle.
London Agents:
72 350,148
Chicago............... ..........
M essrs. E d w a r d s & Sm it h , 1 D ra p e rs’ G ard en s, E . C., w ill ta k e sub­ Cincinnati......................
15,108,000
4,267,914
sc rip tio n s a n d ad v e rtise m e n ts, a n d su p p ly sin g le copies of th e p a p e r Milwaukee.....................
5.518.616
Detroit............................
at I s . each.
5.158.280
Cleveland.......................
W IL L IA M B . DANA COMPANY., P u b lish e r s,
3.33W.600
Columbus.......................
2,342 775
Peoria........... .............
P in e Street, N. IV. Corner o f P ea r l Street,
1,365,814
Indianapolis...................
P ost Of f ic e B ox 958.
NEW Y O R K , Grand Rapids.... ;.........
803,024
501.219
L exington....................
2oO,180
Saginaw..........................
321,689
Akron.............................
248,149
CLEARING HOUSE RETURNS.
Bay City.........................
143,211
8pringfleld, ....................
156,618
The following table, made up by telegraph, etc., Indicates Canton........................... 111,915,276
Total Middle Western,

(

that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, July 21, have been
$810,860,653, against $852,934,628 last week and $955,055,730
the corresponding week of last year.
Week Ending July 21.

Cl e a r in g s .

Returns by Telegraph.

1894.

1893.

Per Gent.

$460 272,450
70.301 654
58,603,962
11,611,013
67,195,320
15,640,071
5,658,155

-23-9
- 9*1
-14-1
- 4*6

New O rlean s.................... ......

$350,275,101
63,937,252
48,629,817
11,075,988
61,266,239
16,263,911
5,176,300

Seven cities, 5 days
Other cities, 5 d a y s ...........

$556,624,408
117,598,763

$687,282,625
114,476,294

-19-0
+ 2-7

Total all cities, 5 d ay s....
All cities, 1 d a y . . . . — ..........

$674,223,171
136,637,482

$801,758.919
153,298,811

-15-9
-10-9

Total all cities fo r w eek..

$810,860,653

$955,057,730 ___-15-1

-

8-8

+ 4-0
- 8*5

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
We give below our usual detailed figures for the previous
week, covering the returns for the period ending with Satur­
day noon, July 14, as well as the comparative totals in 1893.
Compared with the preceding week, the aggregate exchanges
show a decrease of twenty-five millions of dollars, the loss
at New York being nearly twenty millions. Thirty-four of
the cities record gains over the corresponding week of 18 3,
but in the total for the whole country there is a decline of 13'8
per cent. The most important gains are at Fort Worth, 91*4
p ercent; Waco, 90 ; Peoria, 67 ; Memphis, 52"4; Lexington,
44 9 : Fremont, 38, arid Cincinnati, 34’5 per cent. The heavi­
est losses have been at Buffalo, 48*8 per cent and Seattle,
33*1 per cent.




Week End'g July 7.

1893.
P. Cent.
*
661,019,267 —20-0

(413.716) (—18-2)
(1.295.618) (-43-6)
(10,291,700) (+106 6 (15.l41.750i (+114-2)
—3*4 84,477.255 —10*4
86,819.229
4,819.900 —15-4
6 179 800 - 2 3 4
+1-8
3.018,568
2.726.122
—7-3
1,7*5.768 —005
2,033 584 - 1 2 7
1,558.3*6
1,487.854 —13-8
-5 -5
—9 3
1,191.179 —16-0
1,465.882
-3 6
1,370.020
1,343.480
-9-4
+81
71:4.890
686,406 —199
638,307 —24 0
. 752.217 - 1 0 6
375,663 —10 4
687,055 —17 2
—4-9
99,769,502 —10-6
104,060,013
65,241,983
64 262,709
—9 1
-6 -1
+62
14,077,973 +10-2
13,077,970
16 278.694 + 1 1 2
+8 8
14.253.870
4.056.577 —512
8.685.573 - 4 8 8
1,776.232
1.916,566
+2 4
+9-7
1,811,446
1,682.367 —16 3
+99
833,190 - 2 0 1
983.138 —151
935,¿73 —13 7
707,0.4 - 1 7 9
351.900
341,400 +13 9
+7-9
651.942
105,998,532
- 8 0 105,275,343
-6*0
77.329,476
83,876,681 —13 7
-9*1
11.231,900 + 3 4 5
13.551.900 + 2 1 5
5,340,347 - 2 0 1
3,520 435 —42 1
5.484,61?
+0 6
5,663.600
-0 3
5,615 320
-8 1
4,913.954
-6 7
2,950,800 +13-2
2.915,600
-7-7
2.432.321 +51-3
1,402,500 + 6 7 0
1,665,>-10 —180
1,611,184 +18-5
825,000
920,589 —12 8
-2 8
335,113 +10‘4
345,946 +44-9
399'>92 —27-3
286,417 —22 2
-t9 2
294 698
232.187 —25-3
255,755
—3 0
136.979 —36-9
174,284 —17 8
136,238 —39-2
—11
158.3 i9
169 936
-4-1
120,116,763
—6 8 111,060,340
-6-7

San Francisco..
Portland...........
Salt Lake City.
Seattle..............
Tacoma............
Los Angeles....
Helena.............
Spokane......... .
Sioux Falls......
Fargo*..............
Total Pacific.
Kansas City..................
Minneapolis..................
Omaha...........................
St. Paul.........................
Denver...........................
Duluth..........................
St. Joseph.....................
Sioux City.....................
Des Moines...... ............
Lincoln.........................
Wichita.........................
Topeka............. ............
Fremont........................
Total Other Western.

9.821.421
941,833
937,277
431,098
462,336
723,605
540,743
209,808
127,204
98,661
14,195,325

13.062,443
1,269,774
791,420
644.111
509.094
58.>.757
688,844
260,865
139,726

—24 8
-2 5 8
+ >8-i
-33-1
-92
+24 0
—215
-1 9 6
—9-0

17,950,034

9.341,993
4,890.252
4.920.054
3,879,562
2,451,501
2.148.496
1,620,141
541.159
1.040,000
379,143
266.221
327.089
93,423
31,399,034

St. Louis...............
New O rleans.......
Louisville..............
Galveston.............
Houston...............
Richmond.............
Savannah.............
Memphis...............
A tlanta...............
Nashville...............
Dallas................... .
Norfolk..................
Waco......................
Fort Worth......... .
Birmingham........ .
Jacksonville.........
Chattanooga........
Total Southern.

21.768,433
(A4 L6.725
7.128 68»
1,821.882
1.719,6±4
2.827.900
1.356.529
1.3 >6.968
972.476
363,683
815.103
983,140
514,178
715.00C
291,118
430.464
204,628
50,185,61«

21.421.338
6.235,623
6.09-.628
1.766.302
1.300,330
2,689,564
1.133.268
890.563
9ol,562
893,315
777,862
1.021,771
270,562
373.601
290,173
362,021
250.880
46,627,663

852 934,628
404,157,907

989,395,779
428,376,612

10,797.186
6,314,38(
1,423,307
602,211

11,592.879
6.205,632
1.349 87i
764 616

19,137,342

19,913,006

Total all..................
Outside New York.
Montreal..........>
Toronto............
H alifax............
Hamilton ......
Winnipeg.*........
TotalCanada.

♦Not included In totals.

1894.
|P . Cent.
»
468,561,950 -14-9

-2 4 '7
-4 8 3
+6-6
-40-9
-28-0
+59 9
—26 5
-1 6 0
-1 3

-20-9

7,822,293
776,444
913.6-.4
433.187
3 1 9o0
590,874
519 231
185,7 22
129.671
91,470
11,693,006

8.523.239
+ 9 ’6
-9 0
5,37 2 082
5.701.591 —138
4.323,835 —21 8
3 268.729 -2 5 0
1,824.704 . +17-7
1.840.000 —119
532.621
+1-6
850,000 +22-1
491,406 —22‘8
501.642 —469
4-2 2
319.928
67.678 +88 0
33,623,507
-6-6

7.450,581
5,868,236
4,151,020
3,131,895
2.425.119
2,139,61 L
1.510 951
658,706
815,000
371,169
232,268
484.395
75,275
29.217,249

-3 -8
+6 2
-1 9 7
—34 6
—31-0
+617
—10 3
—103
-t-1‘2
+28-1
-41*9
+4*3
—251
-1 0 6

+16
+ 5Ì 9
+16 9

-3 3
+4 8
-3 8
+90-0
+91 4
+0 3
+18-9
-1 8 4
+7 6

20.663.212
7.209.541
6.654.340
1.922.390
1.656 896
3.195.242
1,340,041
1,155,391
955,231
958,460
592.377
875,955
566,093
693,273
326,751
395,258
191.855
49.352,308

—V8
+9 4
+20 4
+1-2
-6 6
+96
+28'8
+11-0
-8 -9
-9 -1
—25-8
-8 8
+60-6
+51-7

—13 8
—67

877,929,698
40»,367,ol8

—1U4
-7 -1

9.511,494
6,694 778
1.379.150
761,329

-18-2
—37‘8
—21-7
—26-7

- 3 9 1 17,346,751

—256

+822
-t-9'2
+19 7
+52'4

-6 -9
+175
+5A 1
—21-2

-23-8

,+yi

+1»0
—39'1

+z-s

90

THE CHRONICLE.
THE FINANCIAL SITUATION.

Commercial and financial classes are still in suspense,
awaiting final action on the tariff bill. The petition got­
ten up in Chicago on Wednesday and reported to have
been signed generally by bankers and merchants, to be
sent to the Senate and House, professing a disregard of
the character of the decision, but urging a speedy disposal
of the matter, forcibly illustrates the situation. So gen­
eral and intense is the need felt for a settlement, that
former differences in desire as to the nature of the end
reached have almost disappeared. Probably this is in
large measure apparent not real, but it represents for
the moment at least the eagerness of the longing to have
the tariff contest out of the way and business relieved
from its unsettling influence. We might call it a kind
of desperate feeling, the growth in part of the industrial
paralysis and in part of the delays which have occurred
in the progress of the measure and in the depart­
ures made both in the House and Senate from the
original tariff proposal. In the East, and to a large
extent among commercial classes in the West, the addi­
tion of the income tax provisions has lost the bill no
little favor. The change of sentiment that action has
produced is not so much because of the taxes men
will be called upon to pay (those who have large in ­
comes cannot be distressed by the payment of taxes),
but more because of the populistic advocacy and ten­
dency of the tax. The strikes and the Ooxey tramps
have given the country all the experience in that line
it cares to have in one year.
The most important events of the week have been
the report of a disagreement made to the Senate and
House by the Conference Tariff Committee, the reap­
pointment on Thursday by the House of the same mem­
bers to represent that body in a new conference, with
instructions to insist upon the main features of the bill
it passed ; also the rather acrimonious discussion in the
Senate yesterday. A letter written July 2 by President
Cleveland to Mr. Wilson, Chairman of the Ways and
Means Committee, with reference to the anticipated
tariff legislation, was likewise made public by Mr. Wilson
in the House on Thursday. Further consultations and
efforts to patch up an agreement will consequently be
in order^during the coming week. What the outcome
is to be no one can divine. Taking human nature at
its average we should say that some kind of a com­
promise will be reached and passed. Congress, it is
hoped, will at least heed the refrain coming up from
all parts of the country, that whatever be done be done
quickly.
Gold exports to Europe, although for the last three
weeks they have been greatly reduced in amount, appear
not to have stopped. Last week they were $600,000, but
this week they reach the very considerable total of
$3,300,000. This is an anamolous state of affairs and
challenges the attention of all interested in the financial
status of this country. Ask exchange brokers why
they 'continue to send gold, they will answer that
they have sold so many bills and have been able to buy
only so many (naming a smaller amount than the sales),
eaving a balance due the other side; and as the orders
they have received are to remit, and as they cannot get
bills, they must send gold. That answer would natur­
ally suggest further questions. Why at this late
date should the demand for bills continue in excess
of the supply, and why (inasmuch as the offer­
ings of cotton bills will be large wit hin six weeks and




[VOL. l j x .

will call for large remittances from Europe) should the
order be to remit the balance rather than to put it out
here? The reply any inquirer would receive to the
latter question will explain the whole situation. Bank­
ers are requested to “ remit” because they can get l i t ­
tle or nothing on satisfactory security for the money in
New York. An illustration of the working of this
condition is one of the incidents of this week. On
Wednesday the rates for discount in London went up
from ^ of 1 per cent to 11-16 of 1 per cent, and at Paris
they advanced
being quoted I f per cent on Wednesday, against I f per cent on Monday. Immediately
after the advance exchange hardened here. Our con­
gested money market made a rise of 3-16 of 1 per cent
in London and f in Paris an added and material in ­
ducement for remittance.
The unique character of the bill market and of this
gold movement is brought out very clearly by looking
at the latest trade figures. We have written on subse­
quent pages with reference to the foreign trade for the
fiscal year which closed with June 30th. But the June
figures issued this week by Mr. Ford of the Bureau of
Statistics and the totals sine© January 1st are not given
separately in that article. As the June returns and
the six months^ results have a special interest this year,
we have inserted them in a convenient form for com ­
parison at the end of our remarks on foreign exchange.
It will be noticed that from January 1 to July 1 the
net exports of merchandise have been $68,616,000
in 1894, against a net import of $68,800,000 in
1893. If to these results we add the movement of
gold and silver for the two years the total trade for the
six months of 1894 leaves a net export balance of
$147,281,000 in 1894, against a net export balance of
$3,138,000 in 1893. The interesting fact is that this
net export balance for the first six months of 1894
($147,281,000) is the largest recorded in the first six
months of any year since gold payments were resumed in
1879. Next in size to that in 1894 was the first half of
the earliest year named (1879), when the balance was
$122,680,216; the next largest was in 1892, when for
the corresponding period the same figures were
$87,643,669; and the next was $75,189,312 in 1881.
Leaving out the current year (1894) and the other
three years named (1892, 1881 and 1879), the average
net export balance for the first six months of each year
from 1879 has been only $18,744,052.
That is to say, omitting the figures for the last six
months, when the total net exports reached $147,281, 000, and omitting the three other years mentioned, the
remaining twelve years of the period cited only show a
net ^average export of $18,744,052. Now the im­
portant condition to note is that notwithstanding there
was’on the first of J uly this phenomenal balance in our
favor, we are to-day adding to it by the export of
large amounts of gold. Even that though does not
represent in full the remarkable character of this gold
movement. It does, however, show that it is occurring
not because of an actual dearth of bills but because of an
enlarged demand for bills.
Furthermore, there
have^been of late a good many bills on the market be­
sides the spot bills which the recorded trade furnishes.
There have been some loan bills put out in anticipation
of covering with lower exchange when they mature;
there have also been a small amount of bills put upon
the market drawn against the delivery of cotton in Sep­
tember; again, bankers report bills out against railroad
loans*and very good sales of railroad bonds for Euro­
pean account. What is the simple truth these facts

J uly

31, 1894.]

THE CHRONICLE.

91

The market for foreign exchange has been dull and
prove ? They prove that we ought to be importing
-gold, but the inflexible character of our currency is generally firm this week, the fluctuations in the rates
for actual business being very slight. The market is
-driving it from us.
There is no change to note in the market for money indifferently supplied with bills, and offerings are
on call* and bankers* balances continue to loan in any promptly absorbed, though this week there have been
amount, whether great or small, at 1 per cent. Re­ some drafts classed as loan bills—long-sterling and
newals are at 1 per cent; banks and trust companies sixty-day marks being drawn in the expecta­
•quote 1 to 1 | per cent.
One feature of the market tion of covering at a profit later in the
which slightly influences the tone for money on time is season, and the proceeds of these bills have
the withdrawal by merchants of deposits which they been loaned at 2 per cent for four months.
have kept with the trust companies for the small inter­ In addition there have been some grain and provision
est they received. The time has now come when this bills against staples which have arrived since the rail­
money can be used in business, and it is being drawn out road blockade was raised at Chicago ; also a few drafts
in considerable volume. As these deposits were com­ against railroad loans and stocks and bonds bought
paratively large some of the trust companies are com­ for European investment; but these have not
pelled to remain out of the market for time money, been large in the aggregate, and they have only
though they have now completed their disbursements temporarily and partially supplied the market. The
for interest and dividends. The large banks arS also demand has been a steady day-to day inquiry for
out of the market, for they are now meeting remittance from bankers who adjust their business
drafts from their Southern correspondents, and the at the close of each day with cables, thus transferring
supply is therefore lessened, but at the same time the money which they cannot use to the best advan­
demand is only fair and principally confined to com­ tage here. On Monday the market was steady,
mission houses and to bankers who are carrying lines though there was a slightly easier tone for
of bonds which are awaiting a favorable m arket; cable transfers, and on Tuesday these bills
moreover the short interest in stocks enables specula­ were somewhat freely offered, as it subsequently
tive issues to be loaned at fair rates, so that the in­ appeared, against some portion of the $800,000 gold
quiry for money is comparatively light. Rates are 1 which was engaged by Heidelbach, Ickelheimer & Co.
per cent for thirty days,
per cent for sixty days anti on the following day for shipment to Europe on Thurs­
2 per cent for ninety days, 2-j per cent for four and 3 day. On Wednesday there was a firmer tone to the
per cent for five to seven months on good Stock market with only slight changes in rates for actual
Exchange collateral. Some money has been placed business, and on Thursday continental exchange was
by foreign bankers at 2 per cent for four months, but higher while sterling was steady, and Lazard Freres
this has been loaned on first-class collateral with a gold announced that they would ship $1,000,000 gold to the
note. There are fewer buyers of commercial paper, Continent by Saturday's steamer, and later in the day
the trust companies and many of the banks being out they decided to send another $1,000,000. Yesterday
of the market, but there is still a good demand from Heidelbach, Ickelheimer & Co. also engaged $500,000
out of town and the offerings of paper are a little more for shipment to-day. It has been alleged that Austria
liberal; names are still closely scrutinized. Rates are is again seeking to attract gold from New York. So
-3 per eent for sixty to ninety day bills receivable, 3 to far as the consignments of this week are concerned,
3 i per cent for four months* commission house names, it is positively stated that the gold was shipped
3^ to 4 per cent for prime and
to 5 per cent for because bills could not be obtained, and that the
remittances were to cover bills which had recently
good four to six months* single names.
been
sold over the counter and could not be covered
About the only feature abroad this week has been
with
drafts
because they were not obtainable in sufficient
the slight fluctuations in the open market discount
rates, which, though under other conditions of our volume. The following table shows the daily changes in
the week.
money market would be regarded as unimportant, are rates of exchange by leading drawers during
Fri.. Mon., Tues-, W ed.. Tburs., Fri..
Ju ly 13. Ju ly 16. Ju ly 17. Ju ly 18. Ju ly 19. Ju ly 20,
very closely watched by the foreign bankers, who see
87«
87«
87«
87«
87«
d a y s.. 87«
89
89
89
89
89
in them opportunities to employ money which cannot Brown B ro s .... 5{ 60
Sight...... 89
88
88
88
88
88
(60 days.. 88
89
89
89
find employment here. The Bank of England mini­ Baring,
89
89
Magoun & Co. ( Sight...... 89
38
88 '
88
88
88
(60 d a y s.. 88
Bank
B
ritish
mum remains unchanged at 2 per cent, and this is the No. America.. I Sight...... 89
89
89.
89
89
89
88
88
88
88
88
(60
days..
88
Bank
of
basis for fixing the rate at interior cities in Great M o ntreal...... i Sight...... 89
89
89
89
89
89
83
88
88
83
88
(60
days..
88
Canadian
Bank
Britain and at the joint-stock banks in London. On of Commerce. ( Sight...... 89
89
89
89
89
89
88
88
88
88
88
(60
days..
88
H
eidelbach,Ick­
Monday sixty to ninety-day bank bills at Lon­ elheim er & Co 1 Sight...... 89
89
89
89
89
89
87«
87«
87«
87«
87«
(60
days..
87«
don were reported at
of 1 per cent, b u t! Lazard Freres... 1 S ight..... 89
89
89
89
89
89
88
88
88
88
88
by Wednesday they had advanced to 11-16 of 1 per M erchants’ Bk. (60 days.. 88
89
89
89
89
89
of C an ad a.... ( Sight...... 89
-cent, falling by Thursday to -§@f of 1 per cent, and
The market closed strong on Friday at 4 87-§ to 4 88
being quoted on Friday at f@ f of one per cent. At for sixty day and 4 89 for sight. Rates for actual busi­
Paris the open market rate shows an advance of
ness were 4 87^- to 4 87^- for long, 4 88J to 4 88-|- for
being quoted at I f against I f per cent on Monday. At short, 4 88£ to 4 88f for cable transfers,#4 8 6 | to 4 87
Berlin the rate is down to I f per cent and at Frankfort for prime and 4 86 to 4 86£ for documentary commer­
it is also I f per cent, against I f per cent and I f per cial bills. The statement of our foreign trade for J une
•cent at these centres last week. According to our and the half-year, referred to above, is as follows.
special cable from London the Bank of England
F o r e ig n T r a d e M o v e m e n t o f t h e U n it e d S t a t e s .
In th e following tab le th re e ciphers (000) a re in all cases om itted.
gained £8,251 bullion during the week, and held at
--1893-94.-------------- ,
------------- 1892-93.Excess
Imports.
the close of the week £38,514,598. Our correspondent U e r c b a n ­ Exportis. Im ports. Excess.
Exports.
%
$
«
$
d in e .
186,157 204.378 -1 8 ,2 2 1
214,824 168.128 + 46,696
further advises us that the gain was due to the receipt July-S ept... 272.887
+
68,286
204.825
150,923 + 121,964
2 7 3 .U 1
O ct.-D ec....
1*14.122 234,534 -4 0 ,4 1 2
ar.... ; 221,760 107,260 + 54,500
of the amount of the increase (£8,251) from the Jan.-M
77,014 —17,141
5M.873
60,087
+4,038
«4,125
April............
—7.000
75.955
68.955
56,813
+4,230
61.043
interior of Great Britain, there being no increase or JMu anye............
—4,248
69.695
65.447
51,625
+5,847
57,472
...........
847,665 866,401 —18,738
«decrease from imports or exports.
T o ta l....... 892,111 6 5 4 ,8 3 6 + 2 3 7




92

THE CHRONICLE.

F G o ld .
July-Sept..
Oct.-Dec...
Jan.-M ar. .
A pril..........
M ay...........
J u n e ..........
T o ta l. . . .

/--------------- 1 8 9 3 -9 4 .Exports. Imports.

-1892-93. -------- Excess.

Exports.

2,560
3.498
8,509
11,724
27,407
23,341

54.201 -5 1 ,6 4 1
6,802
-3 ,3 0 4
3.938
+4,571
2,322
+9,402
4,283 +23,124
907 + 22.434

20.461
14,502
34,943
19,149
16.914
2,711

77,039

72,453

13.868
12.869
12,467
4,096
3,769
3,382

T o ta l. . . .

50,451

21,174

+ 87,506

5,434
+8,434
3.268
+9,601
2,427 + 10,040
607
+3,489
775
+2,994
772
+2,610

9.066
12,118
10,136
2,333
3.066
4,016

5,580
8,041
5.308
906
1,772
1,586

+3,488
+4,077
+4,828
+1.427
+1,294
+2,430

40,737

23,193

+ 17,544

13,283

+ 3 7 ,1 6 8

— Excess of im ports.

M e r c h a n d is e .

1894.
1893.
1892.
1891.
1890.
1889.

Cold.

Excess
E x­
Exports. Imports.
of
ports.
Exports
*
404,400
388,397
479,153
419,384
392,406
361,684

$
335,784
457,197
4 3 1 ,728
432,646
411,127
392.339

2,179 +18,282
7.236
+7.266
8.237 + 26,706
804 +18,345
1,708 + 15.206
1,010
+1.701

108,680

+ Excess o f exports.

S ix
Mos.

Excès

+4,586

S ilv e r.
July-Sept..
Oct.-Dec...
Jan.-M ar...
A p ril.........
M ay...........
J u n e . .. .. ..

Imports.

$
68,616
*68,800
47,425
*13,262
*18,721
*30,655

Si l v e r .

Im ­ Excess
Im ­ Excess
E x­
of
ports.
ports. ports. Of E j
Exports
port»

t
*
*
«
$
$
70,981 11,450 59,531 23,714 4,580 19,134
73,718 11,769 61,959 19,552 9,573 9,979
41,569 8,036 33,533 14,790 8,105 6,685
70,460 3.306 67,154 9,672 6,843 3,329
8,160 5,303
2,857 13,621 10,742 2,879
41,820 4,365 37,465 19,442 8,929 10,513

* E x c e ss of im p o rts.

The foregoing figures are commented upon in the
earlier part of this article.
The statements of earnings for the weeks of July are
interesting as showing the effects o f the paralysis of
carrying operations by the railway strikes. Some of
the roads which suffered most severely from the
strikes never make weekly returns, and a few of
the roads which ordinarily do make such returns—
notably the St. Paul and the Wabash—are withholding
the July results. Yet even with all these omissions our
compilation on another page for the first week of the
month, covering 67 roads, shows a decrease of over 30
per cent—actually
per cent. The Chicago & East­
ern Illinois in that week earned only $8,244 the present
year against $93,643 in the corresponding week last year;
the Atchison with the St. Louis & San Francisco earned
only $315,736 against $793,502 ; the Burlington Cedar
Rapids & Northern $36,347 against $67,994; the Cleve­
land Cincinnati Chicago & St. Louis $149,460 against
$259,666; the Evansville & Terre Haute $11,175 against
$24,004; the Denver & Rio Grande $49,400 against
$113,100; the Louisville New Albany & Chicago $23,736 against $74,501; the Rio Grande Western $19,150
against $40,150, &c. We think it a mistake for the
roads accustomed to make regular reports to with­
hold their returns at the present juncture. We sup­
pose the Chicago & Eastern Illinois furnishes a fair
type of the situation of most Chicago roads, and
that company as already noted earned only $8,200
gross the present year in the first week, against
$93,600 in the same week last year. Tne enormity of
the losses and of the situation which produced them
should be brought home to all classes of the popula­
tion, both as a lesson and a warning, and to the end
that a repetition of such folly may be made impossible
hereafter. The Northern Pacific does not now furnish
weekly reports, but a statement in one of the public
prints says that the earnings for the first two weeks of
July in 1894 were only $24,647, against $787,825 in
the corresponding two weeks of 1893.
Our compilation of net earnings for the month of
May is given on another page, and as was expected the
loss is in exeess of that of any previous month, reach­
ing over 33 per cent. For the month of June there is
at least one class of roids which ought to have good re­
turns, namely the anthracite coal roads. The state­
ment of anthracite coal production for the month
of June has been issued, and it shows, what in ­
deed was known before, that the anthracite companies



f V o u L1X.

took full advantage of the strike of the miners in the'
bituminous regions. The output was increased nearly
a million tons as compared with the same month
last year, and reached over five million tons— actually
5,112,359 tons, which is said to be the largest amount
mined for any single month in the history of the trade.
All the different regions shared in the increase, the
Wyoming region getting 605,233 tons of it,
the Schuylkill region 315,546 tons, and theLehigh region 75,948 tons. Of course even with this
increase during June, the output for the half-year is
far behind that of the first six months of 1893, the
falling off in the early months on account of the mild
winter weather having been very heavy. In the followJng table we show stocks, production and consumption
for three years.
June.

January 1 to June 30.

A nthracite Coal.
1894.

1893.

1892.

1894.

1893.
1892.
Stock beginning..
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
of period ........
664,180 877,014
684,662
728,878 657,868
754,432
P ro d u c tio n ............ 5,112,358 4,115,632 3,821,807 19,151,338 21,022,853 19,379,727
T otal supply .. 5,776,538 4,992,646 4,506,469 19,880,216 21,680,721 20,134,159
St’k end of period
745,162
808,854 667,724
745,162
803,854
667,724
Disposed o f__ 5,031,376 4,183,792 3,838,745 19,135,054 20,871,867 19,466,435

Apparently therefore the companies disposed of
5,031,376 tons in June, 1894, against 4,183,792 tons in
June, 1893, and 3,838,745 tons in June, 1892.
The following gives the week’s movements of money
to and from the interior by the New York banks.
Week Ending Ju ly 20, 1894.

Received by Shipped by
N , Y . Banks• JV. Y . Banks.

Net Interior
Movement.

C u rre n c y _______________________
9-old ...1 _____________________ ...

$4,941,000 $3,756,000 G ain.$l, 185,000
650,000
350,000 Gain. 300,000

T o ta l gold an d le g a l t e n d e r s ....

$5,591,000 $4,106,000 G ain.$l,485,000

Result with Sub-Treasury operations and gold exports.
Week Ending J u ly 20, 1894.

In to
Banks.

Out of
Banks.

N et Change in
B ank Holdings.

B anks’in te rio r m ovem ent, as above $5,591,000 $4,106,000 G ain.$l,485,000
Sub-T reas. o p er a nd gold e x p o rts. 15,500,000 16,200,000 Loss. 700,000
T o tal gold a n d le g a lte n d e rs ....... $21,001,000 $20,306,000 Gain. $785,000

Amount of bullion in principal European banks.
Ju ly 19, 1894.

B ank of

flngland..........
F rance...........
G e rm a n y .....
A ust.-H ung’y
Spain ............
N etherlands..
Nat. Belgium .

Gold.

Silver.

£
38,514,598
73,525,018
34,287,750
10,558,000
7,918,000
4,523,000
2,900,667

£

J u ly 20. 1893.
Total.

£
...... ... 38,514,598
51,208,814 124,733,832
11,429,250s 45,717,000
16,401,000 26,959,000
9,219,000 17,137,000
6,936,000 11,459,000
1,450,333 4,351,000

Gold.

Silver.

Total.

£
29.534,575
68,711,000
30,319,500
10,402,o00
7,916,000
2,817,o00
2,894 637

£

£
29,534,575
119,635,000
40,426,000
27,773,000
14,386,000
9,850,000
4,042,000

50,924,000
10,106,500
17,371,000
6,470,000
7,033,000
1,317,333

Tot. th is week 172,227,033 96,644,397 268,871,430 152.394,742 93,251,833 245,646,575
Tot. prev. w’k 171,176,717 96,036,137 267,212,854' 152,240,284 93,202,417 215,442,701

FEATURES OF OUR FOREIGN COMMERCE.
If the fiscal year ending June 30 was a remarkabl e
one in other matters, it was no less so in our foreign
trade. In fact in some respects it was more so. Of
course it was hardly possible that our internal trade
could be so deeply and widely prostrated as it has been
without the foreiga trade also being adversely affected,
and very seriously too. As it happens, there have been
some special causes operative in our foreign trade which
have intensified the ordinary influence of trade
depression.
The Bureau of Statistics, through its Chief, Mr.
Worthington O. Ford, has issued this week with com­
mendable promptness preliminary figures showing the
results of the foreign trade for the late year. These
results furnish evidence all through of the prevalence
of very exceptional conditions—of disturbed financial
relations, of trade disorganized and disarranged, of

JULY 21, 1894.,

THE CHRONICLE.

»
'1
'
—
■ ■■
---- ■ ■...... ....
values depreciated, of diminished buying and selling,
of products marketed at a loss or only a bare margin
of profit, of restricted consumption, and of general and
widespread distress.
The foremost fact which attracts our attention is
that the value of the imports as compared with the
vear preceding fell off in the very large sum of 2111million dollars. This decrease is figured not on the
totals of the imports for last year as originally reported
but on the totals as reduced after allowing for an over­
valuation of about 75 million dollars in the imports
coming from countries having a depreciated currency
and whose shipments had been stated in such depre­
ciated currency instead of in our own money. On the
revised basis the imports for 1892-93 are $866,400,922
and from this there has been a drop to $654,835,873
in 1893-94, the decline thus having been almost 25 per
cent. At 654 millions the total is the smallest of any
year since 1885-86, when the imports amounted to 635
millions. There have of course been other years
when for one reason or another the imports fell off,
but in the magnitude of the decrease the late year
stands without a parallel.
The falling off has extended to practically the whole
list of articles. In some cases thé contraction has been
more decided than in others, but there are very few
items which do not show some decrease. This sug­
gests a common influence, which is of course found in
the great depression of trade which has existed. With
numerous disasters, both in the mercantile and finan­
cial world, with the finances both of the country at
large and of the United States Treasury unsettled,
with industrial operations brought almost to a stand­
still, with large numbers of workingmen idle either
through voluntary action or because of the depression
in business, the consuming capacity of a large portion
of the population was necessarily very greatly restricted,
and,*as was to be expected, the effect on our import
trade has been immediate and decided.
To this influence there has been added another hardly
lesâ potent or less controlling in its action. We refer
to the proposed revision of our tariff laws by Congress
in the direction of lower duties. This has been a fac­
tor^operative through pretty nearly the whole of the
twelve months, so that while trade depression on the
one hand has acted to reduce purchases of foreign
goods, the tariff agitation has operated to reduce them
still more, for with no immediate market for the goods
no one would pay a high rate of duty when there was a
prospect or a possibility of a lower rate. Aside from
this consideration, however, the mere uncertainty re­
garding, the duties has in itself had the effect of dis­
turbing many interests both at home and abroad, and
diminished the external and the internal trade alike.
We find that the falling off in the imports of dutiable
goods has been very much heavier both absolutely and
proportionately than the falling off in the goods coming
in free of duty. Whereas the value of the dutiable
goods imported decreased from $421,856,711 in 1893
to $275,092,961 in 1894, or say 35 per cent, the value
of the non-dutiable imports decreased only from
$444,544,211 to $379,742,912, or less than 15 per cent.
It deserves to be mentioned incidentally though that
the imports of coffee, tea and sugar alike—all being on
the free list, except that sugar above No. 16 in stan­
dard is taxed—increased in 1894, these being among the
very few articles which show enlarged imports for the
late year. The increase in the sugar imports is of
course accounted for by the proposal to put a tariff




93

duty on that article, but the increase in coffee and tea
can not be explained in that way.
As an element in the great falling off in aggregate
imports it should be remembered, too, that many of
the goods from the other side are sent here by the
foreign houses for sale on commission, and with trade
bad and the existing tariff duties in doubt there has of
course been very little inducement for the making of
this kind of shipments. Another consideration affect­
ing the decline in import values, and of which sight
appears to have been lost, is that prices have been
quite generally lower. Trade has been prostrated not
only in the United States but pretty nearly, all over the
world. Likewise, prices have been low and unsatisfac­
tory—not only of our domestic products but of nearly
every class of manufactures and merchandise. As far
as values are concerned, therefore, there has been a loss
not alone from the diminution in the quantities im­
ported but a further loss because of the lower
price at which the shipments were made. Just
what part this element of lower prices has played in
diminishing import values cannot be determined, since
for many items the returns show values alone and not
quantities. Taking, however, the statement for the
eleven months ending May 31 (the detailed exhibit for
the twelve months has not yet been published), instances
are not wanting where the decrease in values has
been much greater than the decrease in quantities, and
in a few cases the decrease in values is found to be en­
tirely due to reduced prices, the quantities imported
having increased. The decrease from lower prices is
of course different from the decrease arising from the
other causes—it is not the result of wants deferred,
which will have to be made good later on when business
revives and the tariff uncertainties are removed. In
the following we show the aggregates of both imports
and exports for each year since 1880.
VALUE OF IMPORTS AND EXPORTS OF MERCHANDISE FROM 1881 TO
1894 INCLUSIVE.
Merchandise.

Excess of Exports Total Im porti
or Imports.
and Exports.

Year ending
June 30.

Exports.

Im ports.

1881...............
1882...............
1883...............
1884...............
1885...............

$
902,377,348
750,542,257
823,839,402
740,513,609
742,189,755

8
642,664,628
724,639,574
728,180,914
667,697,693
577,527,329

$
E xp. 259,712,718
E x p . 25,902,683
E xp. 100,658,488
E xp . 72,815,916
E xp . 164,662,426

$
1,545,041,974
1,475,181,831
1,547,020,316
1.408,211,308
1,319,717,084

T otal 5 years
A verage.......

3,959,462,369
791,892,474

3,335,710,138
667,142,028

E xp. 623,752,231
E xp. 124,750,446

7,295,172,507
1,459,034,508

1886...............
1887...............
1888...............
1889...............
1890...............

679,524,830
716,183,211
695,954,507
742,401,375
857,828,684

635,436,136
692,319,768
723,957,114
745,131,652
789,310,409

E xp .
E xp.
Im p .
Im p .
E xp.

44,088,694
23,863,443
28,002,607
2,730,277
68,518,275

1,314,960,966
1,40S,502,979
1,419,911,621
1,487,533,027
1,647,139,093

T otal 5 years
A verage......

3,691,892,607
738,378,521

3,536,155,079
717,231,016

E xp . 105,737,528
E x p . 21,147,505

7,278,047,686
1,455,609,537

1891...............
1892..............
1893...............
1894...............

884,480,810
1,030,278,148
847,865,194
898,111.280

844,916,196
827,402,462
866,400,922
654,835,873

E xp. 39,564,614
E x p . 202,875,686
Im p. 18,735,728
E xp. 237.275.407

1,729,397,006
1,857,680,610
1,714,066,116
1.546,947,153

From this it will be seen that while imports in the
late year fell off 211£ million dollars, exports
increased 44^ million dollars ; and this does not re­
flect the full measure of the increase which has oc­
curred, for, as in the case of the imports, prices have
been lower, so that as compared with the preceding year
more than the same quantity of products was required
to yield an equal amount in value. The export total
for 1893 4 stands at 892 million dollars, and has been
exceeded but twice in our history, one of the excep­
tions being 1891-92, when the exports reached as much
as 1,030 million dollars. But the latter was a really
phenomenal year in our export trade, as has
been frequently pointed out, and furthermore

|V0L. L1X

THE CHRONICLE.

94

namely in 1891-92 and in 1890-91.
The apparent dis­
a considerable part of the decrease between
crepancy
is
entirely
due
to
the
depreciation
in price. In.
that year and the late year is accounted for
the
late
year
the
average
export
price
per
pound
of cotton
by the lower prices prevailing. Take for illustration
was
only
7*86
cents,
as
against
8*53
cents
in
1892-93,
the breadstuffs exports, which we review at length in j
and
about
10
cents
in
1890-91
;
and
if
we
went
a few
a subsequent article. The price received on the wheat
years
further
back,
we
should
find
still
higher
averages.
and flour shipments in 1893-4 was so much lower than
the price received in 1891-2 that, as pointed out in In the following we show the cotton exports, as alsothat article, on the quantity sent out in the late year the petroleum exports, in quantity, for each year
_____ _
this difference in price alone was equal to a loss of value since 1875.
in the exports of over 45 million dollars ; and the decline
in the price of corn has added several millions more to
the amount. It will be desirable to see the part played
by the leading staples—cotton, provisions, breadstuffs
and petroleum—in the exports, so we present the fol­
lowing statement.
EXPORTS OP LEADING STAPLES.
Provisions
Petroleum, Total Four Total all
and D airy
Exports.
Staples.
+
Products
$ '
$
*
$
$
$
1876............. 131.181.555 192.659,282 92,325,308 32,915,786 449,081,911 540,384,671
602,475,220
469,293,840
61,789,438
1877............. 117.808.473171.118,508 118,579,418
1878............. 181,777.841 180,031,484 124,845,137 46,574,974 533,229,436 694,865,766
1879............. 210,355,528 162,304,250 119,857,692 40,305,249 532,822,719 710,439,441
1880............. 288,036,835 211,535,905 132,488,201 36,218,625 668,279,563 835,638,658
1881............. 270,332,519 247,695,746 156,809,840 40,315,609 715,153,714 902,377,346
1882............. 182,670,528 199,812,644 122,020,530 51,232,706 555,736,408 750,542,257
1883............. 208,040,850 247,328,721 109,217,119 44,913,079 609,499,769 823,839,402
1884............ 162,544,715 197,015,204 114,353,788 47,103,248 521,016,955 740,513,609
1885............. 160,370,821 201,962,458 107,332,456 50,257.947 519,923,682 742,189,755
1886............. 125,846,558 205,085,642 90,625,216 50,199,844 471,757,260 679.524,330
1887............. 165,768,662 206.222,057 92,783,296 46,824,915 511,598,930 716,183,211
3888............. 127.191,687 223,016,760! 93,058,080 47,042,409 490,308,936 895,954,507
1889............. 123,876,661 237,775,270]l04,122,444 49,913,677 515,688,052 742.401,375
154,925,927 250,968,7921136,264,506 51,403,089 593,562,314 857,828,684
1890........
1891............. 128,121,656 280,712,898]l39,017,471 52.026,734 609,878,759 884,480,810
1 8 9 2 ......... 299,383,117 258,461,241 140,362,159 44,805,992 742,992,509 1030278148
1893........ . . 200,312,654 188,771,445 138,401,591 42,142,058 569,627,748 847,665,194
1894*........... 166,463.079 210,8«2,774 145,097,281 1 41,437.935 ses.sei.^ea .892,111,280
Fiscal Year
ending
J u n e 80.

Bread­
stuffs.

Cotton Exports.
Year ending June 30.

1879*........................................ .
1882 ............................................

Cotton.

1887..............................................

1891 ............................... ............

1894+............................................
* Includes bo th crude and
la tte r oemg very sniau.
t Figures fo r 1894 subject to

Bales.

Pounds.

* Petroleum..
Gallons.

241,078,748
1,491,405,334
3,214,632
306,002,294
1,445,369,130
3,120,472
334,872,513
1,607,533,511
3,391,795
375,002,972
1,628,372,833
3,462,741
419,197,699'
1,822,061,114
3,811,153
394,412,402
2,190,928,772
4,549,743
556,239,228
1,739,975,961
3,694,706
499,786,266
2,288,075,062
4,626,808 i
508,362,969
1,862,572,530
3,884,233
568,106,520'
1,891,659,473
3,969,568
574,555,480
2,058,037,444
4,283,723
589,554,441
2,169,457,330
4,499,579
576,982,390
2,264,120,826
4.696,017
614,511,805,
2,384,816,669
4,872,060
661,845,6982,471,799,853
5,020,913
708,220,777
2,907,358,795
5,820,779
714,808,479
2,935,219,811
5,891,411
803,680.186
2,212,115,128
4,431,220
907,232,320!
2,682,756,052
5,397,477
refined, b u t n o t residuum , th e exports o i t h e
,, , ,
,
slig h t corrections.

Still another feature in the year’s exports remains to
be noted. It will be observed by the table second
above that while aggregate exports of all kinds in the
late year increased 44^ million dollars, the exports of
the four leading staples—breadstuffs, provisions, cotton
and petroleum—taken together actually fell off about
5 f million dollars. It follows that there has been a
* Figures fo r 1894 su b ject to slig h t corrections. _
+ Including both crude and refined, and also residuum .
The foregoing gives the figures back to 1876, but gain of no les 3 than 50 million dollars in the other
confining the comparison to the last two years it is items of exports, the total for these other items having
found that while the breadstuffs exports have decreased risen from 278 million dollars to 328 million dollars.
from 200 million dollars to 166 millions, the cotton ex­ There has been an especially large gain in copper, of
ports have increased from 188 millions to 210 millions which the exports for the 11 months of 1893—94 reached
and the provisions and dairy exports from 138 millions $18,478,943 against $3,655,290 for the corresponding
to 145 millions. In the petroleum exports there has period of 1892-93 ; but the increase of 50 millions
been a small falling off, owing entirely, however, to a here shown is pretty well distributed over the list, and
decrease in price, as the shipments exceeded those of comprises a wide variety of articles and commodities.
the preceding year over 103|- million gallons. These The exports have in nearly all cases been made at low
petroleum exports furnish a capital illustration figures, and it is easy to trace the influences which
at once of the downward tendency of prices which has have been at work. With domestic trade depressed
been in progress and of the effect this has had in and very little home demand for the goods, our pro­
diminishing the total of the export values. For the ducers and manufacturers have sought an outlet for
last four years the values of the petroleum exports their wares and goods in the foreign markets. But in
have been respectively as follows, beginning with the order to find purchasers they have had to accept very
earliest year, namely 1890-91 : $52,026,734, $44,805,- low prices—in some cases the lowest ever made. The
992, $42,142,058, $41,437,935. On the other hand in copper which we shipped brought an average of less,
the same four years the quantities shipped have been than ten cents a pound.
We notice that our London correspondent this week
respectively 708 million gallons, 714 million gallons,
803 millions, 907 millions. That is, while the quan­ in his weekly letter makes some remarks having a bear­
tity shipped has steadily and largely increased, aggre­ ing upon the prevailing low prices. Speaking of the
gate values have as steadily declined on account of the increase in the imports into the United Kingdom dur­
ing June (the exports having fallen off), he says— “ The
decrease in price.
In the cotton exports, lower prices have also been a meaning of this is that foreign countries are obliged to
potent influence in affecting values. In the late year send us immense quantities of goods in lieu of gold to
the shipments were almost a million bales—inexact pay their interest obligations, and the expansion in im­
figures 966,257 bales—in excess of those of the previous ports is really another evidence of the absence of con­
year, in part because of the larger crop, in part fidence. Foreign countries would not send us larger
because the European demand was greater, it having quantities of goods at the present extremely low prices
been restricted the previous year by reason of the if they were not in great straits for money to pay their
stoppage of the mills at Manchester on account of interest and other obligations.” This is not strictly
labor troubles. Notwithstanding this heavy addition applicable to us, for we have shown our ability to
to the quantity sent out, the value of the 1893 94 ship gold as well as goods. But there can be no doubt,
shipments, as will be noticed, has been many times that the prostration of our industries as well as the
exceeded in recent years. The volume of the 1893-4 necessities of traders and manufacturers have forced
movement on the other hand has only twice been larger, us in many instances to dispose of our products at.




J uly

prices yielding little or no profit. A t the same time it
should not be forgotten that the exigencies of compe­
tition remain equally controlling at such a juncture.
Great Britain herself is obliged to sell her goods in
competition with the rest of the world, and she must
accept the same prices as other countries or go out of
the field.
The truth is, the existing depression in
trade is world-wide, and so are the low prices; and
whatever a country's necessities, all alike are subject to
the conditions which for the time being happen to pre­
vail everywhere.
Under the reduction in imports and the increase in
exports the merchandise balance in favor of the United
States for the late year has reached the large sum of
237 million dollars—an amount tvhich has rarely been
exceeded in our history. The gold movement shows a
smaller net total than was perhaps expected by many in
view of the heavy outflow in recent months. Toe ex­
planation, however, is very simple. During the panic
last year there had been a very large inflow of the
metal, so that the imports for the six months to De­
cember 31 have very nearly offset the exports in the six
months to June 30. However, there is a balance of
about
million dollars on the side of the exports. Of
silver we exported 50^- million dollars gross and 37
million dollars net, being in both cases larger than in
any preceding fiscal year—results which reflect the re­
peal of the silver-purchase law.
Silver.

Gold.
Year
ending
J u n e 30 Exports.

1881....
1883 ...
1883....
1884....
1885....
1880....
1887....
1888....
1889....
1890....
1891....
1893...,
1893....
1894. .

$
3,565,132
32,587,830
11,800,888
41,081,957
8,477,892
43,952,191
9,701,187
18,376,234
59,952,285
17.274,491
86,302,054
50,195,327
108,680,844
77,038,729

Im ports.

Excess
o f Im ports or
Exports.

$
$
100,031,259 Im p. 97,466,127
34,377,054 Imp. 1,789,174
17,734,149 Im p . 0,133.261
22,831,317 E xp . 18,250,640
26,091,696 Im p. 18,213,804
20,743,349 Exp. 22,208,842
42,910,001 Imp. 33,209,414
43,934,317 Im p. 25,558,083
10,284,858 Exp. 49,607.427
12,943,312 Exp. 4,331,149
18,232,567 Exp. 68,130,087
49,699,454 Exp.
493,873
21,174,381 E xp. 87,500,463
72,4*73.060 E xp . 4.585,663

Exports.

Imports.

Excess
of
Exports.

$
16,841,715
16,829,599
20,219,445
20,051,426
83,753,033
29,511,219
26,296,504
28,037,949
30,089,248
31,873,929
22,590,988
32,810,559
40,737,319
50.451,043

I
10,544,238
8,095,336
10,755,242
14,594,945
10,550,027
17,850,307
17,260,191
15,403,669
18,678,215
21,032,984
18,020,880
19,955,088
23,193,252
13,282,605

$
6,297,477
8,734,263
9,464,203
11,456,481
17,203,000
11,660,912
9,036,313
12,034,280
18,011,038
13,840,945
4,504,108
12.855,473
17,544,007
S1?,! 68,438

Combining the merchandise trade with the gold and
silver movements, the excess of exports over imports
for the late year reaches the enormous aggregate of 279
million dollars—a figure never previously attained.
Nothing could indicate more strikingly how entirely
out of the normal, conditions in the late year have
been.

was reported considerably short of the average, and
some statisticians, it will perhaps be recalled, were very
much concerned whether we would be able to spare
much wheat to the outside world, even though
we had very large available stocks left over
from the exceptionally heavy productions of the*
two years preceding. It is now found that the
aggregate value of all breadstuffs shipments in 1893-4:
was $166,463,079, against $200,312,654 in 1892-93.
This is a decrease of a little less than 34 million dollars,,
or 17 per cent, and is a closer approach between the
two years than had been deemed likely in view of the
reduced crop yield in 1893. When we go a step
further in our analysis, however, we discover that »189293 had shown a very large decrease from the year pre­
ceding; hence when comparison is made with two years
ago the change is very noteworthy. In brief, the breadstuffs exports amounted to $299,363,117 in 1891-92,
to only $200,312,654 in 1892-93 and to but $166,463,079 in 1893-94.
Here then we have a contraction in the two years of,
roughly, 133 million dollars. Of course 1891-92 was
in many respects an entirely exceptional year, and th e
breadstuffs exports then reached simply phenomenal
totals, the excellent harvests of 1891 having permitted
and made possible such a result. But the decline from
the amount for that year to the figure for the late year
has been due not merely to a diminution of the quan­
tity shipped ; it has been quite as largely due to
another factor, namely the decline in the price of the
exports, as we shall presently show. In a word, the
difference between the two years has followed as much
from smaller prices as from smaller crops. And y et
even with both influences operating to reduce the total,
the aggregate value of the breadstuffs shipments in
1893-94 as contrasted with most of the years preced­
ing is, as already said, by no means low. For at $166,-*
463,079 the total compares with only $128,121,656
for 1890-91, with $154,925,927 for 1889-90, with
$123,876,661 for 1888-89 and with $127,191,687 for
1887-88,
VALUES OF EXPORTS.
Fiscal Year
ended
June 30.

Wheat.

$
1§74............... 101,421,459
1875............... 59,607,863
1876............... 68,382,899
1877............... 47,135,562
1878............... 90,872,016
1879............... 130,701,079
1880............... 190,546,305
1881............... 167,698,485
1882........... 112,929,718
1883............... 119,879,341
In the preceding article we have reviewed the country's,, 1884............... 75,026,678
72,933,097
foreign trade for the fiscal year ending June 30, 1894. 1885...............
1886............... 50,232,715
1887...............
90,713,481
The breadstuffs exports are deserving of separate con­
1888............... 50,241,468
sideration, both because the changes in them during 1889............... 41,652,701
45,275,908
the last two years have been quite striking and because 1890...............
1891,............. 51,420,272
these breadstuffs exports always play a very important 1892............... 161,399,132
1893............... 93,534,970
part in affecting the results of the year's trade, they 1894*....... .. 59,421,' 85

OUR BREADSTUFFS EXPORTS.

forming one of the largest single items.
As far as the aggregate value of the breadstuffs
exports is concerned, the year will stand neither as a par­
ticularly good one, nor as a particularly bad one. There
have been years when the totals have been very much
large,r. There have likewise been years when the totals
have been much smaller. If the exhibit reveals any
unexpected features, it is in showing better totals than
had been looked for— at least when the year opened.
It will be remembered that our cereal harvests in 1893
were not especially abundant. The wheat crop indeed




95

THE CHRONICLE.

21, 1894.]

W heat
Flour.

Total
W heat &
Flour.

$
$
29,258,094 130,679,553
23,712,440 83,320,303
24,433,470 92,816,369
21,663,947 68,799,509
25,095,721 121,967,737
29,567,713 160,268,792
35,333,197 225,879,502
45,047,257 212,745,742
36,375,055 149,304,773
54,824,459 174,703,800
51,139,096 126,166,374
52,146,336 125,079,433
38,442,955 88,705,670
51,950,082 142,666,563
54,777,710 111,019,178
45,296,485 86,949,186
57,036,168 102,312,074
54,705,016 103,125,888
75,362,283 236,761.415
75,494,347 169,029,317
69,25-,773 12 a,680,758

Com.

Tot. W heat
Total all
Corn
& Flour. B r ’dstuffs.

$
%
$
24,769,951 155,449,504 161,198,804
107,777,240
24,458,937
111,458,265
33,265,280 126,081,649 131,181,555
41,621,245 110,420,754 117,806,476
48,030,358 169,998,095 181,777,841
40,655,120 200,923,912 210,355,528
53,298,247 279,177,749 288,086,835
50,702,669 263,448,411 270,332,519
28,845,830 178,150,603 182,670,528
27,756,082 202,459,882 208,040,850
27,648,044 153,814,418 162,544,715
28,003,863 153,083,290 160,370,821
31,730,922 120,436,592 125,810,558
19,347,361 102,013,924 165,768,602
13,355,950 124,375,128 127,191,687
32*982,277 119,931,403 123,876,661
42,658,015 144,970,089 154,925,927
17,652,687 123,778,575 128,121,656
41,590,460 278,351,875 299,363,117
24,587,511 193,616,828 200,312,654
30,119,385 ■58,800,143 166,403.079

* F ig u re s fo r 1894 su b je ct to slig h t c o rre ctio n s.

Considering now the quantities shipped and the prices
received for the same, wheat attracts chief attention,
because it forms the principal item in the breadstuffs
shipments. It will no doubt be a surprise to many per­
sons to be told, in view of the supposed great shortage
in the crop yield last season, that we sent out in the
twelve months actually over 164 million bushels—either
of wheat itself or of wheat in the shape of flour; and
even after these heavy shipments, visible stocks of wheat
are still large. But it is generally admitted now that

S 96

THE CHRONICLE

[VOL. LIX.

th e Agricultural Bureau’s estimate of 396 million bush­
The foregoing gives the record back for 21 years, and
els for the crop of 1893 was too low—and in fact that the :t shows that the 1893-4 price for both wheat and
two preceding crops were also under-estimated. At 164 flour was decidedly the lowest for the whole period.
million bushels, the esports for the late year compare The contrast between the initial year (1874) and the
with 192 million bushels for 1892-93 and with 225f closing year (1894) is very striking. In the former the
million bushels for 1891-92. In both these latter years average per bushel of wheat was $1 43, in the latter
the shipments were extraordinarily large and some only 67 cents, the average per barrel of flour having in
falling off was inevitable in any event, but with the ex­ the same period dropped from $7 14 to $4 11. With
ception of the two years mentioned and the two years considerable fluctuations the price has tended down­
ending June 30, 1880, and 1881—also quite remarkable ward during the whole twenty years, but it is note­
years—our shipments of wheat have never previously worthy that if we take the average for wheat
reached or exceeded 164 million bushels. In truth, in for
1892 (when the exports of wheat and
most other recent years they have been much less than flour reached 225f million bushels) and compare it on
this;’thus in 1890-91 they were only 106 million bushels, the one hand with the average for 1874 and ou the
in 1890 109 million bushels, in 1889 but 88 millions, in other with the average for 1894, the decline in the last
1888 119 millions, in 1887 153 millions, in 1886 94 two years is found to be almost as great as the decline
millions.
in the previous eighteen years. In other words, while
When one contrasts the falling off in the quantities between 1874 and 1892 the average dropped 40 cents a
shipped with the falling off in the value of the ship­ bushel (from $1 42 to $1 02), between 1892 and 1894
ments as shown in the table above, it becomes it dropped 35 cents more. If the same average prices
evident that the latter has been proportionately very for wheat and flour could have been obtained in 1894
much the larger. Thus while in quantity the wheat as in 1892—and certainly prices in 1892 were
shipments during the last two years have diminished not high—the export value of the shipments in
from 225 million bushels to 164 million bushels, or but the late year would have been 45 million
little over 25 per cent, the value of the shipments in dollars larger than they have proved to be.
the same two years has declined from 236 million
A favorable feature in the wheat movement is that
.dollars to 128 millions, or about 45 per cent. And each year a larger proportion goes forward in the man­
this discloses the really unfavorable feature in the ufactured form, though, as we have seen, the decline in
year’s results. The year has been unsatisfactory not the price of flour has been n.o less marked than in
because of small exports or poor crops (though both wheat itself. The flour shipments in the late year
have been below the large totals of the two years imme­ were 16,829,637 bbls., being without exception the
diately preceding) but because of the very low prices largest ever made in any year. At 4J bushels to a
received. On the wheat shipments the average price barrel this is equal to '75,733,366 bushels of w heat; of
for the twelve months has been only a little over 67 cents wheat itself the shipments were 88,414,960 bushels,
a bushel. In the previous year the average had so that the flour exports formed pretty nearly one-half
been thought exceedingly low, but it then was almost the entire movement.
80 cents, or nearly 13 cents a bushel better than in the
With regard to the exports of corn, these increased
late year; in 1891-92 the average was $1 02%, and be­ in the late year, being 65 million bushels against 46
tween that year and 1893-4, therefore, the difference million bushels in the year preceding, but in this case,
against the latter was over 35 cents a bushel—an as in the others, prices were muGh lower, the average
enormous difference. What is true of wheat in its having been only about 46 cents a bushel, against 53
native state is true also of wheat in the manufactured cents in 1892-93 and 55 cents in 1891-92. A lower
form—that is, in the shape of flour. For the late year average is found in 1889-90, buc that is the only ex ­
the average price of the flour shipments was only $4 11 ception in the period covered by the above table.
per barrel, as against 14 54 for the preceding year and
$4 96 for 1891-2. In other words, exporters got 43
RAILROAD N E T EARNINGS FOR M AY.
cents a barrel less in 1894 than in 1893, and 85 cents
No one needs to be told the character of the exhibit
a barrel less than in 1892. The following shows the
quantities shipped and the average prices received for a of railroad earnings for the month of May as prepared
by us to-day. It is the most unfavorable exhibit we
long series of years.
have ever been obliged to chronicle, though in saying
QUANTITIES EXPORTED.
this we do not mean to be inferred as declaring that
A v ’ge
A v’ge
A v’ge the statements for June and Julv, when made up, may
Year ended
Flour.
Wheat.
Corn.
per Tot. Wheat
per
per
J u n e 80.
There is scarcely^ redeeming feat­
hush.
bhl. and Flov/r.
hush. not be even worse.
ure
in
the
exhibit
as
a whole, the results being almost
$
Bbls.
Bush.
Bush.
Bush.
$
$
1874................... 71,039,928 1-428 4,094,094 7-146 89,463,351 34,434,000 •719 uniformly bad.
1875................... 53,047,177 1-124 3,973,128 6 001 70,926,253 28,858,420 •847
We set out the conditions and influences responsible
1870................... 55,073,122 1-242 3,935,512 6-208 72,782,926 49,493,572 •672
1877................... 40,825,611 1-169 3,343,005 6-479 55,372,104 70,860,983 •587
for
the unfavorable showing in our issue of June 16,
1878................... 72,404,981 1-338 3,947,333 0-358 90,167,959 85,461,098 •502
1879................... 122,353,930 1-068 5,629,714 5-252 147,687,649 86,296,252 •471 and will only repeat here that such a conjunction of
1880................... 153,252,795 1-243 6,011,419 5-878 180,304,180 98,169,877 •543
1881................... 150,505,477 1-113 7,945,780 5-669 186,321,514 91,908,175 ;552 adverse factors and events as existed in that month, all
3882................... 95,271,802 1-185 5,915,086 6-149 121,892,389 43,184,915 ■668 of large magnitude, is probably without a parallel in
1883................... 100,385,828 1-127 9,205,664 5-950 147,811,316 40,586,825 •684
1884................... 70,349,012 1-060 9,152,260 5-588 111,534,182 45,247,490 •011 the history of the railroad carrying interest in the
1885................... 84,053,714 0-862 10,648,145 4-897 132,570,360 51,834,416 •540
Besides trade depression and the tariff
1886................... 57,759,209 0-870 8,179,241 4-700 94,565,793 63,655,433 •498 United States.
1887................... 101,971,949 0-890 11,518,449 4-510 153,804,969 40,307,252 •480 legislation we had the great strike of the miners in the
1888................... 05,789,261 0-853 11,963,574 4"579 119,625,344 24,278,417 •550
1889................... 40.414,129 0-897 9,374,803 4-832 88,600,743 69,592,929 •474 bituminous coal regions, extending through the wholp
1890................... 54,387,767 0*832 12,231,711 4-063 109,430,466 101,973,717 •418
month and involving practically all sections of the
1 8 9 1 ................ 55,131,948 0-933 11,344,304 4-822 100,181,310 30,768,213 •574
1892 .................. 157,280,351 1-020 15,196,709 4-959 225,605,811 75,451,849 •551 country.
This reduced not only the coal traffic of the
1898................... 117,121,109 0-799 16,020,339 4*542 191,912,634 46,037,274 •534
1894* ................ 88,414.960 0-072 10,829,037 4-115 164,149,326 05,102,552 •402 roads but also the ordinary traffic, since many manuf facturing establishments were obliged to shut down for <
* F ig u re s fo r 1894 are subject to slig h t corrections.




THE CHRONICLE.

JULY 21, 1894.]

the want of fuel.
Then there were tremendous floods
in Pennsylvania and adjoining States, and also on the
North Pacific coast, both doing large damage and
causingserious interruptions to railroad operations. The
Ooxey depredations also continued a disturbing influence
in special districts, though mainly in the early part of
the month. Furthermore, railroad rates were badly
demoralized in the West and South; in the one section
a remedy was applied before the close of the m onth^n
. the other the trouble continued unchecked. Further­
more the price of *wheat dropped to extremely low
figures, leaving the agricultural communities with poor
returns, and partly in consequence of the same circum­
stance the shipments of wheat fell off about one-half as
compared with the corresponding period of last year.
This being the situation, there has been no doubt
from the first that the showing of earnings for the
month would be extremely unfavorable; and it will
be remembered that when giving our early statement
of estimated gross earnings we remarked that tbe
month would long remain memorable as tbe worst ex­
perienced in the downward course of earnings which
had been in progress so long. The present statement
furnishes ample corroboration of these remarks. In our
early statement the loss in gross earnings was found to be
$7,782,001, or 17*55 per cent. In the present return,
which covers both gross and net earnings, and which com­
prises different roads than the other, the loss in gross
earnings is found to be $11,935,834, or 19*51 per ceat.
At the earlier period we estimated that for the entire
railroad system of the United States the loss in gross
receipts for the month must have been between 15 and
20 million dollars. With a loss of almost 12 million
dollars on the roads in our statement, were we inclined
to modify the estimate at all we should make it larger.
In the net earnings the loss on the roads included in
our statement is $6,253,373, or as much as 33*79 per
cent. We have only to contrast these losses for May
with those of the earlier months, to see that they are
decidedly the heaviest yet recorded, both in ratio and
amount. In April the loss in net was only $3,638,272,
or 22*37 per c e n t; in March $3,137,000, or 17*22 per
cent; in February $2,154,340, or 16*14 per cent;
in January but $1,131,828, or 8*87 per cent; in
December, 1893, $3,245,269, or 17*62 per c e n t; and in
August, 1893, $4,104,067, or 19*00 per cent. In the
gross the loss of $11,935,834, or 19*51 per cent, for
May, compares with $9,359,204, or 16 per cent, for
April, with $10,533,121, or 17*33 per cent, for March,
with $8,881,192, or 16*83 per cent, for February, with
$7,077,458, or 13*08 per cent, for January, with
$8,301,160, or 14*75 per cent, for December, and with
$8,389,069, or 13*29 per cent, for August.
January 1 to May 81.
(140 roads.)

May.
(141 road».)
1894.

1893.

$
$
dross e a m ’s 49.226,912 61,162,746
Oper. exp... 36,973,725 42,656,186
N et e a m ’s "li^253,187 18,506,560

Decrease.

1894.

1893.

Decrease.

%
$
$
$
11,935,834 240,937.789 288,561,063 47,623,274
5,682,461 177,694,346 209,054,360 31,360,014
6,253,373 63,243,443 79,506,703 16,263,260

It may be asked with what kind of earnings we are
comparing for last year. The reply must be that our
May exhibit in 1893 showed pretty fair gains in both
gross and net, so that the statement was con­
sidered quite a favorable one. And yet the im ­
provement followed in great part from the fact
that the results in
the twoyears preceding had
been rather poor, and from the further fact that
the month contained one less Sunday, and therefore
me more working day; and a special favoring influence




97

was derived from the extra travel to the World's Fair
at Chicago, the Exposition having been opened in thafc
mouth.
Year and
number

Gross Earnings.
Year
Given.

N et Earnings.

Year
Increase or
Preceding. Decrease.

May.
$
$
$
1889 (97) 44,750,133 42,840,156 +1,909,977
1890 (124) 54,139,680 47,478,854 +6,660,826
1891 (131) 53,440,399 55,343,271 —1,902,872
1892 (131) 60,506,591 58,377,798 +2,128,793
1893 (131) 65,018,717 60,314,952 +4,703,765
1894 (141) 49,226,912 61,162,746 —11,935,834
Jan. 1to
May 31.
1889 (95) 204,753,796 193,383,312 +11,370,484
1890 (124) 261,053,329 234,408,000 J-26,645,329
1891 (129) 254,901,061 250,979,895 +3,921,166
1892 (131) 299,580,029 279,584,537 +19,995,492
1893 (124) 289,713,109 280,893,621 +8,819,488
1894 (140,) 240,937,789, 288,561,063 —47,023,274

Year
Given.

%

Year
Increase or
Preceding. Decrease.

$

*

14,735,427
17,252,740
16,783,884
17,289,009
19,278,127
12,253,187

12,884,420
14,897,501
17,390,666
18,122,794
16,697,984
18,506,560

+1,851,007
+2,355,239
—606,782
-833,785
+2,580,143
—6,253,373

62,160,294
77,783,100
75,210,855
85,042,483
82,357,120
63,243,443)

53,625,573
69,246,951
72,932,519
81,671,258
82,633,429
79,508,703

+8,534,721
+8,536,149
+2,278,33®
+3,371,225
—326,309
-16,263,260

Out of the whole 141 roads included in our present
exhibit for May, only 23 are able to show any increase
in gross earnings, either large or small. In the net th e
roads with gains are somewhat more numerous,“reflect­
ing the extreme economy in operations which has
been practiced, and yet even here the number is o n l y
46. The Pennsylvania Kailroad, having suffered very
severely from the coal strike and the floods, has strik­
ingly heavy losses both in gross and net. , On the
Eastern and Western lines combined the decrease is
2,904,188 in gross and $1,685,595 in net. The Atchi­
son (including the Ss. Louis & San Francisco) lost
,141,917 in gross, and as only a very small decrease
in expenses was effected the loss in net has been nearly
as large, or $1,116,697. The Union Pacific lost $920,897
in gross and $587,945 in net. The Illinois Central is
now comparing with the period when its earnings were
heavily swelled by the Fair; it shows $311,636 decrease
in gross and $179,569 decrease in net. The St. Paul
lost $441,862 in gross but only $73,053 in net; the Burington&Qaincy, however, which in previous months had
very similar returns, this time has lost $774,526 in gross
and $328,864 in net. The Southern Pacific has fallen.
$533,525 behind in gross and $351,998 in net, the Erie
$477,408 in gross, $254,750 in net, the Baltimore &
Ohio $554,769 in gross, $295,766 in net; and so we
might go through the list. The following shows the
more important changes.
PRINCIPAL CHANGES IN GROSS EARNINGS IN MAY.

In creases.
M exican C e n tra l.........

$71,558

P en n sy lv a n ia (3 rds.)t. $2,904,188
Atcli. T. & S. F e (2 r ’ds) 1,141,917
920,897
U nion Pacific (11 r ’ds)
774,526
Chic. B url. & Q u in cy ..
554,769
B ait. & Ohio f§ rd s )..
533,525
S outhern P ac. (6 rds.)
477,408
N. Y. L. E rie & W est..
441,862
Chic. Mil. & St. P a u l..
311,638
Illinois C e n tral.............
291,320
Ches. & O hio................
280,144
L ouisville & N a s h v ...
253,660
W abash...................—
253,629
P hila. & Read. & C. & I.
213,084
Buff. Roch. & P itts ---200,706
D enver & Rio G rande.
194,523
Cent, of New J e r s e y ...
181,832
N o rth ern C en tral —
164,671
Clev. Cin. Chic. & St. L.
155,053
C anadian P ao............. J

D ecreases.
G rand T ru n k ................
$ 1 5 1 ,6 2 0
W est. N. Y. & P enn ..
137,876
C. N. O. &T. P. (4 rds.).
135,0 1 0
A llegheny V alley .......
105,455
Chic. B url. & N o..........
84,622
G r.R a p s .& In d .(lrd s .)
8 4 ,2 1 7
Rieh. & Danv. (4 rds.).
83,8 0 2
F lin t & P e re M arq___
70,830
Toi. & Ohio C e n tr a l...
67,622
Louisv. N. Alb. & Chic.
6 4,960
N ashv. Chat. & St. L ...
55,730
Chic. & West M ich.......
5 4 ,5 0 0
W. Va. Cent. & P i t t s . . .
48,880
Chic. & G ran d T ru n k ..
45,522
S u m m itB r. & Ly. V al..
43,447
L ake E rle & W est.........
43 ,1 3 »
O regon Im prov. Co.. . .
37 ,0 0 2
Io w a C e n tra l................
30,905
T o ta l(rep re sen tin g
67 ro a d s)............. $11,594,522

t The gross on E a s te rn lines decreased $1,813,919 a i d on W estern
lin es $1,090,269.
PRINCIPAL CHANGES IN NET EARNINGS IN MAY.
D ecreases.
Increases.
$83,828
$45,678 W est. N. Y. & P enn. .
K an. City F t. S. & M em.
D enver & Rio G ra n d e .
7 6,033
Decreases,
73,411
P e n n sy lv a n ia (3 r ’ds)t. $1,685,595 A llegheny V alley.........
73 ,0 5 3
A tch.T . & 8 . Fe (2 r’ds).. 1,116,697 Chic. M il.& St. P a u l ...
61,623
587,945 L ouisville & N ashville
U nion Pacific (11 r ’ds).,
51,839
351,998 Chic. Burl. & N orth ..
S outhern P ae. (6 r ’d s)..
51,479
328,864 Rich. & Danv. (4 rds.).
Chic. B url. & Q u in cy ...
51,000
295,766 Cin. N. O. & T. P. (4 r ’ds
B alt. & Ohio (2 ro ad s)..
44,841
254,750 C hesapeake & Ohio—
N. Y. L. E rie & W es t...
35,273
199,374 Tol. & Ohio C e n tr a l....
P h. & Read, an d C. & I .
34,879
179.569 Chio. & G ran d T ru n k ..
Illinois C en tral...............
30,100
125,787 G rand T ru n k ................
C entral of New Je rs e y .
122,773
N o rth ern C e n tral..........
T otal (representing
105,772
Buff. Roch. & P i t t s . . . . .
51 r o a d s ) ............ $6,124,898
102,649
W a b a s h .........................
t The n e t decreased $949,606 on E a ste rn lines and $735,989 on

W nctorn linoQ

THE CHRONICLE.

98

■Arranged in groups, not a single group outside of the
Mexican escapes a decrease in either gross or net, and
this is true of both the month and of the five months.
The losses are heavy not only in amount but in ratio.
Thus the falling off in the month’s net for the South­
western group is 56*29 per cent, for the Eastern and
Middle group it is 54*21 per cent and for the Trunk
lines it is 42*12 per cent. The Southern lines have
done relatively better than any others, and show only
10*52 per cent decrease. For the Anthracite Coal group
the decrease is 23*38 per cent; in this group the Few
York Ontario & Western has an increase in both gross
and net. For the Pacific group the decrease in net is
30*37 per cent, for the Northwestern 20*00 per cent, for
the Middle Western 28*73 per cent. For the five months
the ratios of decrease are as a rule smaller, though
nevertheless quite large. The Mexican group records
a gain for both periods, the conditions there being
different.
Se c tio n o r
Gr o u p .

Gross Earnings.
1894.

1893.

May.
$
$
T ru n k lines..(12, 13,941,366 18,534,781
A n tb ra. co al.(7) 5,503,697 5,989,572
E ast. & Mid. (16) 1,498,969 2,199,014
Mid. W est’n.(21) 2,940,649 3,702,676
N orthw est’n ( 9) 5,655,351 7,040,684
Southw est’n.(11) 4,279,032 5,663,970
Pacific Coast (21) 8,193,466 9,855,956
S o u th e rn .... (41) 5,887.787 6,915,867
M exican.......( 3) 1,326,585 1,260,22'
T ot.. (141 r ’ds)
Jan u a ry 1 to
May 31.
T ru n k Unes..(12)
A nthra. coal( 7)
E ast. & Mid.(16)
Mid. W est’n.(21)
N orthw est’n ( 9)
Southw est’n (ll)
Pacific Coast (21)
S o u th ern__ (40)
M exican...... ( 3)

N et Earnings.
1894.
$
3,364,377
1,116,130
353,198
726,485
1,728,689
895,638
2,143,454
1,420,780
504,436

1893.

Inc. or Dec.

P . C.
$
$
5,812,812 —2,448,435 42-12
—340,584 2338
1,456,714
771,283
—418,085 54-21
1,019,368
—292,883 2873
2,161,095
—432,406 20-00
2,049,(37 —1,153,399 56 29
8,078,672
—935,218 30-37
—281,337 16-52
1,702,117
455,462
+48,974 10-75

49,226,912 61,162,746 12,253,187 18,506,560 —6,253,373 33-79

87,895,991 17,655,989 22,934,315 —5,273,326
27,229,299 4,449,539 5,967,708 —1,618,229
—593,662
9,833,434 2,197,063 2,790,725
-743,200
17,432,834 3,768,116 4,511,316
—514,293
33,939,780 9,382,259 9396,552
26,346,375 4,555,704 7,803,351 —3,247,647
45,247,066 9,988,777 13,499,411 —3,510,634
34,485,63’ 8,977,585 10,019,208 —1,041,623
+184,354
6,150,648 2,268,411 2,084,057
T o t..(140 r ’ds) 240.937,789 288,661,06? 63,243,44- 79,506,703 —16,263,260
71,193,994
22,451,793
7,902,589
15,001,366
28,354,359
20,693.574
88,336,400
30,744,519
6,256,19e

N o t e .—in c l u d e d u n d e k t h e h e a d o f —
Tru n k Lines.
Middle W est’n (Con.)—
6 . & O., E a st o f Ohio.
Louisv. N . A. & Chic.
B. & O.. W est o f Ohio.
M anistique.
Clev. Cin. Chic. & 8t. L. Pitts. M arion & Ch.
Peo. & E a ste rn Div.
Sag. Tus. & H u r.
G rand T ru n k o f Canada. Sag Valley & St. Louis.
Chic. & Gd. TruDk.
Tol. A. A. & N .M .
D etroit Or. Hair. & Mil. Toledo & Ohio C entral.
N. V. Lake Erie & W est’n. Tol. P eo ria & W.
Northwestern.
Pennsylv, E ast o f P. & E
W est o f P itts. & Erie.* Burl. Cedar Rap. & Nor.
P itts. Youngs. & Ash.
Chic. B url. & N orth.
W abash.
Chic. B url. <&Quincy.
Anthracite Coal.
Chic. Mil. & 8t. Paul.
C en tral of New Jersey. Iow a C entral
N . Y. O ntario & W est.
Keokuk & W estern.
N. Y. Bus. & W est.
Minn. & St. Louis.
Phi la. & Reading.
Quincy Omaha & K. C.
Coal & Iron.
St. P a u l & D uluth.
Southwestern.
Sum m it Branch.
Lykens Valley.
A rkansas Midland.
Eastern and Middle.
Atch. Top. & Santa Fe.
St. Louis & San Fran.
A dirondack.
A llegheny Valley.
A u stin & No’west.
B ath & H am m ondsport. Crystal.
B rooklyn E levated.
D enver & Rio Gr.
H ouston E. & W. Texas.
Buff. Roch. & P itts.
Kan. C. F t. S. & Mem.
Camden & A tlantic.
C batau q u a Lake.
Rio G rande Southern.
Tex. Sab.Val.& N .W est.
C um berland Valley.
H oos. T un. & W ilm.
Waco & No’western.
N orth ern Central.
Pacific Coast.
S taten Island R. T.
Canadian Pacific.
Stony Clove & C. Mt.
Oregon Im p ro v em en t Co.
U lster & D elaw are. .
Rio G rande W estern.
W est Jersey & Branches. San. F ran . & N orth. Pac.
W estern Md.
So. Pacific.—
W estern N. Y. & P en n .
Gal. H ar. & S. A.
Louis. W estern.
Middle Western.
Chic. & W est Mich.
M organ’s La. & T.
N. Y. Tex. & Mex.
Cin. Jack. & Mack.
Texas & New Orleans.
Cin. P o rts. & V irginia.
D et. Lans. & Nor.
Pacific System.
Onion Pacific—
E lgin Jo lie t & E astern.
F lin t & Pere Marq.
U nion Pacific Railway.
Ore. Sh. L. & U tan Nor.
G ran d Rapids & Ind.
Oregon Ry. & Nav. Co.
Illinois Central.
Union Pac. D en. & Gulf
Indianap. Dec. & W.
F t. W orth & Den. City.
Iro n Railway.
K anaw ha & Michigan.
St. Joseph & Grand Isl.
L ake E rie All. & So.
K an. Citv & Omaha.
L ake Erie & W estern.
C entral Branch.

23-01
25-44
21-24
16-47
5-19
41-62
2600
10-39
884
20-45

[Yol. LIX.
MERCHANDISE.

June.
12 m os. end. J u n e 30.
$869,181,315
1894.—E x p o rts—D om estic....... ............$55,630,199
...........
1,841,746
22,929,965
F o reig n ..........
T o ta l............................. ...........$57,471,945
Im p o rts—F ree of d u ty ., .......... $30,351,568
D u tiab le ......... ........... 21,273,336
T o ta l.............................. .......... $51,624,904

$892,111,280
$379,742,912
275,092,961
$654,835,873

E xcess of e x p o rts.................................... $5,847,041
1893.—E x p o rts—D om estic....... ...........$63,465,370
1,981,199
F o re ig n .......... ...........

$237,275,407
$831,030,785
16,634,409

T o ta l............................. ...........$65,446,569
Im p o rts—F ree of d u ty . ...........$37,488.904
D u tia b le ......... ........... 32,205*640

$847,665,194
$444,544,211
421,856,711

T o ta l............................. ...........$89,694,544
E xcess of im p o rts ................................... $4,217,975

$866,400,922
$18,735,728

GOLD.

1894.—E x p o rts — ...................... ...........$23,340.888
907,295
im p o rts ............................ ...........

$77,038,729
72,453,066

E xcess of e x p o rts........................
1893.—E x p o r t s .................... . ........... $ 2,711,226
I m p o rts ............................ ...........
1,009,682

4,585,663
$108,680,844
21,174,381
$37,506,463

E xcess of e x p o r t s .......................
SILVER.

771,656

$50,451,043
13,282,605

E xcess of e x p o rts.........................
1893.—E x p o rts ............................. .
Im p o rts ............................. ...........

1,586,110

$37,168,438
$40,737,319
23,193,252

E xcess o f e x p o rts........................ ...........

$2,430,284

$17,544,067

1894.—E x p o rts ............................
Im p o rts ............................. ...........

W ESTERN N E W YORK & PEN N SYLVAN IA RR.
BONDS P R O B A B LY LOST.
We are informed that several packages of Western New
York & Pennsylvania Railroad Co. second mortgage bonds,
aggregating in par value $2,000,000, shipped from Germany to
New York on or about July 5, have never been received, and
while it is possible that the missing bonds may be on board of
steamers about to arrive, still it would be well for all parties
to whom such bonds may be offered to carefully investigate
the ownership before purchasing. Should the bonds not
arrive by the “ Lucania” or “ Aller,” now due, fuller notice
will be given.

f j t o t x e t a r t$ I (£ j& m m zx tiK \% ix % lis\x ^ zT O S
[F rom o u r ow n correspondent.]

L o n d o n , Saturday, July 7, 1894.
The plethora of money continues. The rate of discount in
the open market is little better than % per cent for three
months’ banks bills, and bankers are unable to lend at % per
cen t; in many cases no more than
per cent is paid for
money for the day. For the time being everybody is unwill­
ing to engage in new enterprises ; and to the various depress­
ing causes that have been acting so long upon the market
there has this week been added an unpleasant piece of news
from Australasia. On Saturday afternoon the New Zealand
Government hurried through the Legislature an act authoriz­
ing the issue of two millions sterling of preference shares of
the Bank of New Zealand. The shares are to be a charge on
the revenues of the colony, and the Government guarantees a
minimum interest of 4 per cent per annum. The representa­
tives of the Bank in London say that negotiations have been
going on for several months with regard to this measure, but
that there was no need for haste, as the Bank is solvent. They
admit, however, that the Bank has not got in as much money
during the past six months as was expected, and that de positors are withdrawing their deposits. The general public
persists in believing that something must have come to the
knowledge of the Government to induce it to act so precipi­
tately at the very end of the session, and therefore there are
fears of renewed troubles in the colonies. Happily all the
banks of London are now so strong that even a renewal of
crisis in Australasia would not have much effect upon our
market. But tne incident, it is feared, will increase the dis­
t We include th e se W estern lines in our tab le by tak in g an estim ate fo r 1893 credit of all the Australasian banks.
o n which to base th e decrease rep o rted fo r th is year.
+ F o r m o n th only.
The dividends announced by our joint-stock banks so far
are better than were looked for. It was feared that the rates
of interest and discount had been so low all through the past
IMPORTS AND EXPO RTS FOR JUNE.
i-ix months that the banks generally would be compelled to
The Bureau of Statistics has issued a detailed statement of reduce their dividends. Three of the principal London jointthe foreign commerce of the country for the month of June, stock banks have now made their announcements. One re ­
1894 and 1893, and for the twelve months ending June 30 in duces its rate of dividend by 1 per cent per annum; two others
maintain the same rate as twelve months ago. Of the two
1893-94 and 1892-93, as follows :




Pacific Coast (Con ) Union Pacific - (Con.)
A tchison Col. & Pac.
A tch. Jew. Co. & W est.
M ontana Onion.
Man. Al. & B.
Southern Roads.
Alabama Midland.
A tlan ta & W t. P oint.
Bir. & A tlantic.
Carolina Midland.
Char. Sumt. & No.
Cneraw & Darlington.
Chesapeake & Ohio.
Ones. Ohio & Southw est.
Cin. & K en. Southern
Cin. N. O. & Tex. Pac.
New Or. & N. E.
A la. & Vicksburg.
Vickb. Sh. & Pac.
G adsden & A tta la Un.
Georgia.
Ga. S outhern & Fla.
G ulf & Chicago.
J nek. Tam pa & K. W.
Kan. City Mem. & Bir.
Louisville & Nashville.
Lousv. St. L. & Tex.
Macon & B irm ingham .
Nash. Chat. & St. Louis.
New Orleans & So.
Norfolk & S outhern.
Norfolk & W estern.
Ohio R iver.
Petersburg.
P o tt R oyal & A ugusta.
Rich. & PetersDurg.
Richm ond & Danville
Georgia Pacific.
Char. Col. & Aug.
Col. & Greenville.
Rich. Fred. & Pot.
Sav, Am. & Mont.
Sav. Fla. & W estern.
South C arolina.t
W estern of A labam a.
W est Va. C. & P.
W rightsv. & Tennille.
Mexican Roads.
M exican C entral.
M exican In tern atio n al.
M exican N ational.

THE CHH0N1CLE.

J uly *1, 1894.]

great discount companies one maintains the same rate as last
year and the other reduces its dividend by 1 per cent p tr
annum.
The India Council on Wednesday offered for tender 40
lakhs of rupees in bills and telegraphic transfers and sold the
whole amount—the bills at Is. Od. 31-82d per rupee and the
transfers at Is. Id. par rupee. For the time being there is
very little demand for remittance. The shipments of gold
from Bombay have come to an end, for the moment at all
events, and there is very little export of commodities. It is
estimated by the best authorities that India has an exportable
surplus of wheat of about
million quarters, but, owing to
the low prices in Europe, she is not shipping much wheat at
present.
The stock markets are as inactive as ever. There is a some­
what better feeling in the American department, owing to the
reassuring statements of President Cleveland, the passage of
the Tariff Bill through the Senate and the belief that the gold
shipments have come to an end. But the market is entirely
in the hands of professional traders, and they are not willing
to do much, as the public is holding altogether aloof from
every department. There is likewise a somewhat better feel­
ing in the South American department, as the premium on
gold at Buenos Ayres is steadily falling, and as the news from
Brazil is more encouraging. But there are grave fears of a
renewed banking crisis in Australasia, which is preventing
the public from acting, and there is continued anxiety
respecting India. Moreover, the threatened quarrel be­
tween China and Japan respecting Corea is deterring
operators.
Upon the Continent business is nearly as stagnant as here at
home. Money is very abundant, but everybody is afraid to
increase his risks. At home the Scotch coal strike has some­
what depressed British railway stocks. For a considerable
time past investors have been buying those stocks largely,
but owing to the strike it is feared that trade may be checked
and that consequently dividends may fall off. The strike
itself is small compared with the great Midland struggle last
year. But the Miners’ Federation of Great Britain has de­
cided to increase the levies being now made upon its members
so as to give more ample support to the Scotch miners ; and
the English employers, it is understood, are assisting the
Scotch employers. It is likely, therefore, that the strike will
last for a long time, and there are fears that it may extend to
England. As yet, however, there is very little evidence of
any injurious influence upon trade. Scotch ship-building is
reported to be more active than it was at this time last year,
and the railway traffic returns prove that the volume of busi­
ness all over the United Kingdom is decidedly larger than it
was twelve months ago, Wages generally are fairly well
maintained, and employment is by no means scarce.
“ British foreign trade returns for June indicate no improve­
ment, the exports of the month having declined £876,116,
or 4-66 per cent. The imports have increased £2.380,000, or
7'46 per cent, but the meaning of this is that foreign countries
are obliged to send us immense quantities of goods in lieu of
gold, to pay their interest obligations, and the expansion in im­
ports is really another evidence of the absence of confidence
Foreign countries would not send us larger quantities of goods
a t the present extremely low prices if they were not in great
straits for money to pay their interest and other obligations.
For the six months to 30th June exports have declined
£894,000, or 0*83 per cent, entirely owing to the extremely
small exports to the United States, whose purchases of British
goods in the six months have been over £5,000,000 less than
in the first half of 1893. Indian purchases of cotton goods
have been over £3,500,000 larger during the past half-year
than in the first half of 1893, when the long Lancashire
labor trouble occurred, and have been the chief offsetting in­
fluence to the small United States purchases. The imports
of the six months have risen £13,350,000, or 7-46 per cent, due
largely to the immense arrivals of raw cottOD.
The imports since January 1st have been as follows:

/

1894.

E xports.

J a n u a ry ...........
F e b ru a ry .........
M arch..............
A p ril...................
M ay....................
J u n e ...................

R e -e x p o r t s .

J a n u a r y ...........
F e b ru a ry ..........
M arch..............
A p r i l . . . . .........
M ay..................
Ju n e .................

— 894,465

—

-83

1894.

1893.

£

Difference.

£

4,346,643
5,051,720
5,342,886
4,810,362
4,904,108
5,198,180

Per 01.

£

4,785,629
5,733,252
5,690,367
4,856,184
6,945,220
4,796,015

— 438,986 — 9 -17
— 681,532 —11-83
— 347,481 — 6-10
—
45,822 — 0*94
—2,041,112
—29-38
+ 402,165 + 8-38

32,806,667

—3,152,768

— 9-61

The following shows the imports of cereal produce into the
United Kingdom during the forty-four weeks of the season
compared with previous seasons:
IMPORTS.

1893-94.
rm p o rtso fw h ea t.o w t.5 4 ,780,778
B a rley ............................27,048,938
O a ts .............................. 11,226,749
P eas.............................. 2,032,968
B eans........................... 4,445,679
lu d ian c o r n . . . ....... . 31,141,637
F lo u r ............................ 16,443,604

1892-93.
53,080,116
14,240,797
11,528,109
1,894,611
3 , 543,360
27,027,142
17,580,187

1891-92.
1890-91.
57,420,675 48,898,523
15,349,563 15,246,220
12,406,332 13,154,758
2,423,687
1,739,506
3,479,130
2,696,710
24,311,064 24,876,516
16,812,621 13,711,805

Supplies available for consumption (exclusive of stocks on
September 1):
1893-94.
1892-93.
1891-92.
1890-91.
W heat.................. o w t.54,780,773 53,080,116 57,420,675 48,896,523
Im p o rts of flour......... 16 , 448,604 17,580,187 16,812,821 I d ,711,800
Sales of hom e-grow n. 19,159,780 23,534,679 28,033,466 31,896,482
T o ta l...................

90,389,162 94,194,982 102,266,762 94.504,805
1893-94.
1892-93.
1891-92.
1890-91.
Aver, price w h eatw e eh .2 4 s. i d .
26s. 9d.
29s. 3d.
38a. 9 d .
A verage p ric e , se a so n ..2 5 s . 7d,
26s. 9d.
34s. l a .
3 4 s .. 9 d .

The following shows the quantities of wheat, flour an d
maize afloat to the United Kingdom:
W h e a t ........... q rs .
Flour, e q u a l w> q rs.
Maize................. .q r s .

T his week.
Last week.
4,193,000 3,029,000
298,000
333,000
541,000
517,000

G a z IU li F in a n c ia l

1893.
3,270,000
312,000
483,000

1892.
2,200.000
302 000
685 ,0 0 0

r i a r H e t t - P e r C a b le .

Tbe daily closing quotations for securities, &c., ad London
pro reported by cable a3 follows for the week ending July 20:
L ondon.

Sat.

S tiver, p e r o z . . . ............ d 2S7ifi
0 Ju stu s,n ew , 2 % p o r uts. 1 0 1 %
do fo r acco u n t......... 1 0 1 %
F i’oh ren tes (in P a ris ifr.
0 . 0. 4s of 1907..............
C anadian P acific............ 66 %
C ie. Mil. & St. P a u l .... 61%
92%
il inois C e n tra l..............
L .Re S h o re ..................... 132%
L ouisville & N ash v ille.. 46%
M “xioan C e n tral 4 s ....... 55%
NT. Y. C en tral & H ndson. 99%
N. Y. L ake E rie & W est’s 1478
do
2 d co n s............ 75
N orfolk & W estern, p r e f .
N orthern Pacific p r e f... 35
P e n n sy lv a n ia ................... 50%
Phil. & R ead., p e r share
8%
U nion P acific.. . . . . . . . . . . 1 1 %
W abash p r e f ................... 15

Mon.

Tv.es.

Wed.

T hvrt.

Ir i.

287,6 287lfl
1019 a 1 0 U ile
1019,. 10 H U
00-9*% 0 1 0 7 8

289i6 2811,, 28% "
10 1 % I019 i6 10i7le
103%
103 7,®
0 1 -1 2 % 01*2
0 1 -a i

67%
61%
92%
133
47%
55%
9934
15
75%

t)6 %
61*4
93
132%
46%
55%,

15
50%
9
11%
15%

67%
61 34
93
133
47 %
55%

100

14%
75%
15%
50%
9%
11%
15

100

14%
75%

66 %

93
132%
48%
55%

60%
93
132%
46%
55%

14%
75%

14
75

100

14%
50%
9
10 %
14%

14%
50%
9
10 %
14%

100

14%
50%
8%
10 %
14% A

© u m m e r c t a l a M W tis c c lV d n z a n s U im r s
" im ports a n d e x p o r t s fo r THE W e e k .— The following are
the imports at New York for the week ending for dry goods
July 12 and for the week ending for general merchandise
July 13 ; also totals since the beginning of the first week in
January,
FOREIGN IMPORTS AT NEW YORK.

33,126,470
29,759,640
34,059,485
32,120,160
3 6 ,8 3 8 ,2 13
31,869,592

+5,332,143
+ 4,224,445
+ 1,281,552
+2,S 77,869
—2,704,153
+ 2 ,c 80,441

+16-09
+14-19
+ 3-76
+ 8-99
— 7-34
+ 7-46

D ry G o o d s .....
Gen 1 m er’dise.

6 m o n th s ... 211,031,597

197,681,660

+ 13 ,3 4 9 ,9 3 7

+ 6-75




+ 0-69
+ 3-42
— 6-86
+ 5-66
— 1 -90
— 4-66

1894.
1393.
1892.
1891.
Ju ly 4.
J u ly 5.
Ju ly 6.
J u ly 8.
a
£
£
£
Circulation............. ...................... . 28,400,850 27,481,955 27,219,475 26,520,700
Public deposits.............................. 10,942,183
5,881,295
5,553,218
4.195,883
O ther deposits............................... 34,938,104 36,944,322 34,752,833 37,802,408
G overnm ent se c u ritie s............... 13,131,328 13,207,044 13,155,085 13,423,006
O ther securities............................ 21,337,686 23,036,465 28,829,360 30.768,279
Reserve of notes and coin.......... 29,300,507 18,713,422 16,383,572 16,989,732
Coin & bullion, b o th departm ’ts 38,901,357 29,745,877 27.153 047 27,060,432
63%
43 7-16
Prop, reserve to liabilities, .p. c.
40 7-16
40%
2
Bank r a te ........................per cent.
2
2%
2%
101M
98
15-16
Consols,
per c e n t....................
96 9-16
96 3-16
Silver.................. ...........................
28%d.
34%d.
39%d.
45%d.
Clearing H ouse re tu rn s ............... 153,707,000 173,867,000 174,644,000 134334,000

38,453,613
33,984,085
35,341,037
35,008,029
34,134,060
34,250,033

| ¡¡The exports since January 1st have been as follows :

+ 125,861
+ 586,140
—1*334,001
+ 941,899
— 338,248
— 876,116

The following return shows the position of the B a n k of
England, the Bank rate of discount, th6 price of consols, &c.
compared with the last three years:

For Week.

J a n u a r y ...........
F e b r u a ry ....
M a reh ..............
A p ril................
M ay..................
J u n e .................

107,777,940

6 m o nths...... 29,653,899

P er Of.

£

P er Ot

&

18,026,019
17,093,309
19,432,904
16,617,977
17,822,460
18,785,271

The exports of foreign and colonial produce since January
1st show the following contrast:

Difference.

~
&

Difference.

£

6 m onths...... 106,883,475

1893.

£

1893.

£

18,151,880
17,679,449
18,098,903
17,559,876
17,494,212
17,999,155

1894.

I m ports.

99

1891.
$2,931,726
6,243,410

1892.
$2,279,788
8,023,348

1893.
$2,372,945
5,861,635

1894.
$1,486,921
7,308,611

T o ta l...........
59,175,136 $10,303,136
$8,234,580
$8,795,532
Since J a n . 1.
Dry G o o d s... A $*’4,868,970 $66,185,180 $78,712,451 $44,261,065
Gen’l m e r’d ise. 220,771,785 242,027,521 270,987,100 187,297,511
T otal 28 weeks. $290,640,755 $30=»,212,701 $349,699,551 $231,558,576

THE CHRONICLE

100

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 17 and from January 1 to date :
EXPORTS PROM NEW YORK FOR THE WEEK.

F o r th e w eek ..
P re v . re p o rte d .

1894

1891.

1892.

1893.

$6,272,595
182,979,515

$6,123,627
212,282,214

$8,234,338
184,948,846

$6,298,365
193,780,961

T o tal 28 weeks. *189.252,110 $218,405.841 $193,183,184 $200,079,326

;g£The following table shows the exports and imports of specie
A t the port of New York for the week ending July 14 and since
January 1,1894, and for the corresponding periods in 1893
and 1892:
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.

Im ports.

Exports.
Gold.

Week.

G re a t B r ita in ............
F ra n c e .........................
G e r m a n y « ..................
W est In d ie s.............. .
S o u th A m erica..........
All o th e r c o u n trie s .-

Since J a n .l .

$14,588,800
15,357,999
$600,000 27,050,000
50,169 12,040,469
47,205
511,585
851,785
$650.169 $70,447,843
2,000 68,676,475
1,092,950 45,805,863
Exports.

T o ta l 18 9 4 ...........
T o ta l 1893..........
T o ta l 1 8 9 2 .........
Silver.

Week.

Since J a n .l .

Week.

Since Ja n . 1

$1,685,644
6,227,096
1,659,567
1,590
620,147
28,813
22,517
436,636
4,719
84,388

$48,250

$77,076 $10,742,291
8,067,403
968,415
26,469
6,307,520
Im ports.
Week.

Since Ja n . 1.

G e rm a n y .....................
W est In d ie s .............. .
M e x ico ........................
S o u th A m erica...........
A ll o th e r c o u n trie s..

$460,600 $17,499,451
201,000
139,100
126,816
6,500
37,835
689,856
1,900
36,411

2,100
6,220
11,052
23,846
11

$9,903
99,041
3,409
288,750
153,672
287,642
27,620

T o ta l 1 8 9 4 .......
T o ta l 189 3..........
T o ta l 1892...........

$469,000 $18,730,469
941,091 16,671,214
146,758 12,291,790

$43,364
38,123
71,306

$870,037
2,168,937
1,189,608

G re a t B rita in .............

$135

Of the above imports for the week in 1894 $13,614 were
American gold coin and $188 American silver coin. Of the
exports during the same time $600,000 were American gold
coin.
New York City Bank Statement for the week ending
July 14, 1894. We omit two ciphers (00) in all cases.
BANKS.

(00s omitted.)
gwiir of New York.
M anhattan Co____
M erchants’..............
Mechanics’..............
Am erica....................
P henix......................
d ity ...........................
Tradesm en’s............
C hem ical....------ .
M erchants’ E xch’ge
Gallatin N ational...
B utohers’& Drov’rs'
M echanics’ & T rad’s
G reenw ich...........
¿Leather Manufac’rs
¡Seventh N ational...
S ta te of New York.
A m erican Exoh’ge..
Commerce......... ......
Broadway................
M ercantile...............
Pacific___________
R epublic.............. . . .
C hatham ........ . . . . . .
People’s . . ............ .
N o rth Am erica.......
H anover........
Irv in g ......................
C itizens’. . . ...............
N assau .....................
M arket & P u lto n ...
Shoe & L eather..
C om E xchange..
C ontinental.........
O riental............
im ppor
o rte rs’ & Trad’s
Xm
Park.,
East River.........
fou rth National....
Central N ational.. ..
¿Second National....
Ninth National..,
f i r s t National ....
'Third National----- N.Y. Nat. Exchange
B o w e r y .......—
New York County..
German-American..
Chase National......
•Fifth A v en u e.......
«German Exchange;.
Germania......... .
United S ta tes....
Lincoln...___ . . . . . .
G a rfie ld ........... . . . . . .

f ift h National ....
Bank of the Metrop
W est S id e ....... ....
Seaboard
. ....
.Sixth National........
«Western National.,
f ir s t Nat., ‘Rr’klvn
Southern National..
Nat. U n io n B an k ....
Mberty Nat. B an k ..

Total...




Capital S u rplus Loans,
2. 000.
2.050.0
2.000.
2.000.
3.000.
1.000.
1.000.
760.0
300.0
600.0
1.000.
300.0
400.0
200.0
600.0
300.0
1.200.0
5.000.
5.000.
1.000.
1.000.
422,7
1.500.0
450.0
200.0
7CÜ.0
1.000.
500.0
600.0
500.0
750.0
1.000. 0
1.000.
1.000. 0
300.0
1.500.0
2.000.
250.0
3.200.0
2.000.
300.0
760.0
500.0
1.000.
300.0
250.0
200.0
750.0
500.0
100.0
200.0
200.0
500.0
800.0
200.0
200.0
»00,0
200.0
500.0
200.0
2. 100.0
300.0
5' 0,0
1.200.0
500.0

Specie. Legáis. Deposits.

2.230.0
0 2,060,9 H ,500,0
1,931,3 12,828,0 2.410.0
0 1,018,29,870,61,609,6
1.392.0
0 2,121,3 10,363,0
1.842.0
0 2,249,5 19,365,9
690.0
0465,9 4,458,0
6.747.8
0 2,805,1 21,144,2
383.3
155,6 2,384,1
7,233,2 26,601,0 6.644.0
780,8
161,8 3,714,6
0 1,592,26,335,81.212.0
132.3
273,6
1,601,2
370.0
410,4 2,030,0
136.0
168,1 1,158,8
541.0
546,0 2,960,3
269.6
120,0
1,652,3
91,2
498,1 3,361,7
2,200,0
0 2,291,5 21,492,0
3.018.0
0 3,669,3 22,781,4
0 1,601,35,764,21.033.2
0 1,136,97,896,61.554.5
586.2
470,8 2,022,9
969,8 11,688,1 2.084.5
958,0 5,104,3 1.131.6
220.4
318,2 2,204,2
642,4 5,353,2 1.047.2
4.538.6
0 1,911,0 16,376,9
630.7
345,8 2,664,0
631.6
428,3 2,771,9
589.6
286,0 1,908,6
534.5
793,7 4,818,0
450.0
264.2 3,265,0
0 1,247,26,894,91.625.2
240,9 4,882,0 1.142.9
234.8
419,2 1,802,0
5.652,2 22,268,0 4.349.0
4.808.3
0 3,120,4 25,257,7
130.1
140,6 1,062,3
1,995,7 21,227,3 4.725.9
451.0
0559,0 8,445,0
921.0
566,0 3,866,0
790.7
382,2 3,859,2
7,243,6 24,671,5 3.022.6
0206,0 8,051,6 1,706.8
106.5
133,0 1,364,1
453.0
551,6 2,612.0
862.0
554,7 2,838,1
574.3
302,4 2,337,9
1,135,6 13,702,3 4.788.7
891.1
1,029,5 5,898,6
248.5
604,1 2,653,4
470.5
602,5 2,883,6
519,9 5,290,1 1.247.8
516.4 5,293,3 1.567.3
840.1
628,i
3,919,8
225.1
316,3 1,798,7
775.7
719,2 4,820,0
247.0
294,5 2,331,0
982.0
240,1 4,299,0
279.0
343,4 1,664,0
190,7 11,117,9 1.901.0
863,3 4,488,0 1.184.0
152.4
683,4 2,102,7
259,8 7,411,0 1.092.0
256.5
81,6 1,396,6

$

5.500.0
3.597.0
3.639.3
2.304.0
6.713.7
1.896.0
5.540.0
271.8
9.351.4
799.6
2.077.8
477.8
755.0
198.1
619.7
294.6
411.1
5.131.0
6.421.8
1.035.4
1.549.0
1.042.4
3.397.4
2.023.4
767.7
1.167.0
5.565.0
606.1
542,5
933.2
950.3
1.048.0
2.641.0
2.035.6
467.4
8.286.0
4.838.8
267.1
2,769,1
6.999.0
2.390.0
906.9
3.770.8
1.589.0
247.2
500.0
431.1
1.064.9
1.717.7
1.171.0
667.5
448.9
649.6
1.285.0
628,5
306.8
1,624,3
732.0
895.0
425.0
1.089.1
538.0
694.0
1.391.7
492,4

$

18,370, (
15,879,(
13,287, i
10,637,(
23,844,1
5.608.Í
29.588.7
2,428,1
35.275.0
4.514.0
7,111,3
1.754.6
2.605.0
1.139.1
2.946.0
1.966.2
2,455,9
20.317.0
22.916.4
5.949.7
8.697.2
3.427.1
15,028,3
6.791.3
3.444.0
6.177.8
23.675.7
3.127.0
3.497.8
2.939.0
5.098.2
4.242.0
9.761.0
7.589.8
1.890.1
29,000,0
30.708.5
1.045.0
24,865,9
14.148.0
6.490.0
4.841.1
24.454.7
10.137.8
1.304.7
3.048.0
3.721.9
3.095.7
18.512.9
6.851.3
3.081.3
3.628.9
6,587,5
7.170.9
5.074.8
2.004.0
6.682.0
2.845.0
5.548.0
1.736.0
11.760.0
5.105.0
2,158,7
8.456.4
1.683.4

6Î7622J 72,1*5,8 482,730,2 90,835,011304875 589,524,5

[V o l , i IX .

New York City, Boston and Philadelphia Banks :
Ba n k s .
N . Y o r k .*
•Tune 1 6 ,...
“ 2 3 ....
“ 3 0 ...
J u ly 7 . .. .
“ 1 4 ....
B o s to n .*
J u n e 30 ...
J u ly 7 ...
I 1 4 ...
P h ila .*
J u n e 30__
J u ly 7 __
“ 1 4 ....

Capital &
Surplus.

Loans.

Specie.

$

$

$

131.727.1
131.727.1
131.727.1
133.768.5
133.768.5

465,733,6
468.283.4
470.044.1
483.753.5
482.730.2

Legal». Deposits, t Oirc’Vn Clearings.

99,889,6
98,462,9
92,486,4
91.223.0
90.835.0

$

1191079
1213016
1256514
1280613
1304875

$

570.483.7
573.636.5
573.337.8
588,698,3
589.524.5

$

9.823.0
9,739,6
9.688.0
103347
101188

$

443.983.9
428.335.6
414.364.7
468.561.9
448.776.7

69.351.8 174.140.0 11.208.0 10.185.0 170.326.0 7.225.0 71.133.3
69.351.8 174.395.0 10.856.0 10,0u3,0 174.017.0 7.191.0 84.477.3
69.351.8 173.620.0 11.010.0 10.186.0 171.909.0 7.207.0 83.832.8
38,6 96.0
37.8 78.0
37.9 84.0

35.810.3 106.024.0
35.810.3 107.700.0
35.810.3 108.868.0

* We omit two ciphers in all these figures,
delphia the item “ due to other banks.”

116.290.0 4.840.0
116.626.0 5.045.0
123,669,0 5.121.0

53.535.8
65 242 0
58 438,3

t Including for Boston and ‘‘•" is

— T h e A tc h is o n P r o te c tiv e R e o r g a n iz a tio n C o m m itte e , o f
w h i c h t h e H o n . T h e o d o r e W . M y e r s is c h a i r m a n , p r o p o s e t h a t
th e s to c k h o ld e r s a n d s e c o n d m o r tg a g e b o n d h o ld e rs c o -o p e ra te
w ith e a c h o th e r f o r th e p re s e r v a tio n o f th e e q u itie s o f w h ic h
t h e y a r e j o i n t o w n e r s , a n d to a v o id t h e is s u e o f a la r g e a m o u n t
o f n e w s e c u ritie s .
T h e c o m m i t t e e h a s t a k e n s t e p s to a s c e r ­
ta in th e e x a c t fin a n c ia l c o n d itio n o f th e c o m p a n y a n d p ro p o se
in c a r r y in g o u t t h e i r p la n to o b ta in th e b e 3 t e s ti m a te p o s s io le
o f th e n e t e a r n in g s o f th e s y s te m u n d e r v a r y in g c o n d itio n s .
T h e p l a n o f t n e c o m m i t t e e is s t a t e d a t l e n g t h i n o u r a d v e r t i s ­
in g c o lu m n s .

—Messrs. H. Amy & Co. invite the attention of investors to
the first mortgage 7 per cent gold bonds of the San Juan
Smelting & Mining Company. The business of the company
is that of smelting exclusively. Over $1,000,000 have been
spent upon the property, which is situated at Durango, one
of the most important smelting points in Colorado. Further
particulars will be found in the advertisement in another
column and in the circular of Messrs. H. Amy & Co. The
bonds are offered at par and interest.
—Southern railway securities are reported as quite active
this week. Mr. F. J. Lisman, No. 80 Broad Street, quotes the
preferred stock 34 bid, offered at
against 32^@3'2% last
week. The new bonds, with all coupons attached, close at
78@78)^, and have sold as high as 79, asainst 75^@76 last
week. Mr. Lisman says that probably 6,000 shares of stock
and $300,000 bonds have changed hands during the week.
—Messrs. Emerson McMillin & Co., 40 Wall Street, have
issued a small pamphlet giving some reasons why gas securi­
ties are safe investments. The investments in gas properties in
the United States represented by stocks and bonds aggregate
some $400,000,000. Of this large total it is said there were not
to exceed half a dozen plants, with aggregate capital invest­
ment of less than $500,000, placed in receivers’ hands.
—The American Express Company are issuing travelers’
checks which can be obtained at any of their offices. These
checks are issued for fixed amounts of $10, $20, $50 and $100,
with the equivalent printed on the check in the money of the
principal European countries. The company have issued a
pamphlet showing the advantages of these checks.
—The attention of investors is invited to several issues of
first mortgage railroad bonds offered for sale by Messrs. Kid­
der, Peabody & Co., Boston. See advertisement.
—Messrs. Lee, Higginson & Co., Boston, offer in another
column, an attractive list of bonds, railroad and municipal
issues.
Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction:
By Messrs. R. V. Harnett & Co. :
Shares.
10 R eal E s ta te E x ch an g e &
A uction Room , L im .... 71%

Shares.
232 C hatham N at. B a n k .......364
1 Mem. N. Y. P roduce Ex. $480

By Messrs. Adrian H. Muller & Son :
Shares.
E m p ire C itv E ire Ins.C o. 66 *a 10 B roadw ay & 7 th A venue
RR. Co . . .........................1 8 4 78
M erchants’ E x . N at. B k . l i e 1«
25 U n ited S tates M ort. C o..165
M erch an ts’ N at. B a n k ..135
20 T h ird A venue R R . C o...1 8 1 3 s
Corn E x ch an g e B a n k ...289
7 B aiti. (Md.) D ry Dock
B ank of N o rth A m erica. 156
C o........................ ...$ 2 p e r sh.
6 C entral N a tio n al B an k .. 122
100
T he Log M ountain Coal,
10 L aw y ers’ T itle In s. Co.
Coke & T im ber Co.$1,100 lo t
(ex-div.).........................-.135
5 C e n tral T ru st C o . . . . . . . . 1005
5 U n ited S tates T ru s t Co..845 .

10
10
13
4
4

S a t x & t u f l a tx d S i t x a t i c i a L
S

pencer

T

r a sk

St C o . ,

BANK ERS,

NEW YORK.
10 WALL STREET,
State and James Streets, Albany.
Bonds and Stocks Bought and Sold on Commission. Dealers in State, City and
Railroad Bonds. Correspondence invited.

S

am uel

D . D a v is
BANK ERS,

&

C o .,

NO. 40 W ALL ST ., NEW YO R K .

S amuel D. D a v is .

Chas . B. V an N ostrand.

J

uly

THE CHRONICLE."

21, 1894. J

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
par, selling % premium; Charleston, buying par, selling %
premium; New Orleans, bank $1*25 premium; commer­
cial 50c. premium ; Chicago, 10c. per $1,000 premium; St.
Louis, 50c. per $1,000 discount.

x t j a n k e r s ' (g a z e tte *
DIVIDENOS.
N am e o f Company.

Per
When
dent. Payable.

R a ilro a d s.
B oston & M aine com . (q u a r.)....
B ur. c e d a r R apids & N o rth e rn ..

B ooks Closed.
(D a y8 inclusive.)

Aug. 15 Ju ly
1 Ju ly
l 1® Aug.
1 % On dem.
2 1® Sept.
1 A ug.
Aug.
1 J u ly
3
1%

21 to J u ly 24
19 to J u ly 31

Illin o is C e n t r a l ..............................
M ahoning Coal, c o m m o n ..........
T ru st C om p anies.
S ta te ...................................................
3
B an k s.
G erm an -A m erican .........................
3
H u d so n R i v e r ................................
3
Pacific ( q u a r.)................................
F ire In su ra n ce .
H o m e ..................... . .......................
5
5
R u tg e r s ............................
W e s tc h e ste r................ ........ .
W illiam sburg City (B rooklyn).. 10
M iscellan eou s.
P en n sy lv a n ia Coal (quar.)..........
4
P u llm an ’s P a lace C ar (q u a r.).. . .
2
W’m sb u rg G as of B’tl y n , (q a a r).
l 1®

10 to Sept. 2
24 to Aug. 1

A u¿,
Aug.
Aug.
Aug.

J u ly 22 to Aug.

1

On dem.
Aug IS
Aug.
1
On dem . ---------- t o ---------Aug.
1 J u ly 21 to A ug. 1
Aug. 15 Auk. 2 to Auk. 15
J u ly 23 J u ly |15 to J u ly 23

WALL STREET. FRIDAY, JULY 30, 1894—5 P. M.

S u rp lu s reserv e

1894.
J u ly 14.

D ifferen’sfrom
Prev. week.

1893.
J u ly 15.

1892.
J u ly 16.

$
61,622,700
72.145.800
482,730,200
10.118.800
589.524.500
130.487.500
90,835,000
221.322.500
147,381,125

$

$
60,422,700
71,594,800
413,499,800
5,896,300
394,174,000
62,263,900
32.005.500
94,274,400
98.543.500

$
60.372.700
68.260.700
482,436,000
5,556,500
523,862,600
90,099,600
61,073,200
151,172,800
130,965,650

73,941,375 I n c . 1,806,650 Df.4269,100

20,207,150

D ee.1,023,300
Dec. 215,900
I n c . 926,200
In c .2,426,200
Deo. 388,000
In c .2,038,200
I n c . 231,550

Foreign Exchange.—The light demand for foreign bills
early in the week was readily supplied by bankers’ drafts,
and prices were about steady. More inquiry has since been
noticeable, and as the supply of commercial bills continues
limited, quotations have advanced and gold is going out as a
consequence. There has been some talk of moderate selling
H securities for London account. Shipments of gold for the
«tfeek amount to $3,300,000, including $2,500,000 to-morrow.
To-day’s actual rates of exchange were as follows: Bankers’
sixty days sterling, 4 87%@4 87%; demand, 4 88%@4 88 %;
cables, 4 88%@4 88%,
/z
Posted rates of leading bankers are as follows :
J u ly 20.

Prime bankers’ sterling bills on London..
Prime commercial______
Documentary commercial_______
Paris bankers (francs)....................
Amsterdam (guilders) hant-Ars___
Frankfort or Bremen(reichmarks)b’nVers




S ixty Days.
4
4
4
5

United States Bonds.—Government bonds were more Jin
demand early in the week and were readily taken at advanced
prices. Insurance companies are reported to be buyers as well
as investors of trust funds. Sales have been made on the
Board of coupon 5s at 118%, 119 and 119%; registered 5s at
UHM, coupon 4s at 114% and 114%, and registered 4s at 114
and 114%. Closing quotations to-day are as follows :

1 J u ly 26 to Aug. 1
1 J u ly 20 to Aug. 2
1 J u ly 18 to J u ly 31

The Money Market and Financial Situation.—Business
for the week has been dull. The opening carried hopes of a
better condition soon, as disturbances in the West had largely
subsided and a speedy adoption of th^ tariff bill looked quite
possible.
On Monday the market was strong and prices generally
higher; the transactions were reported to be larger than on
any single day for more than a month. But as the week
advanced news from Washington that the conference com­
mittee could not agree upon the tariff and that there was
the possibility of a deadlock, had a discouraging effect, as
there is little hope of a revival of business in either commer­
cial or financial circles until the tariff question is settled in
some way.
The railroads have had a very hat 1 .ime, first with the
long coal strike and then with the boycott m ale under the
Debs orders, and their earnings have suffered greatly. No
surprise need be felt ii the June and July earnings make a
very poor exhibit, but the best that can be said is that these
losses are from temporary causes, and that they cannot affect
the ultimate prosperity of the roads.
The open market rate for call loans during the week on
stock and bond collaterals has been 1 per cent, all the busi­
ness being at that figure. To-day rates on call were 1 per cent.
Prime commercial paper is quoted at 3 to 8% per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £8,£51 and the percentage
of reserve to liabilities was 66*06, against 65*91 last week; the
discount rate remains unchanged at 2 per cent. The Bank of
France shows an increase of 11,625,000 francs in gold and
1,050,000 francs in silver.
The New York City Clearing-E ouse banks in their statement
of July 14 showed an increase m the reserve held of $2,038,200
and a surplus over the required reserve of $73,941,375, against
$72,134,725 the previous week.

C a p ita l..................
S u r p lu s ..............
L o an s & disc’n ts .
C ir c u la tio n .......
N e t d ep o sits.......
S p ecie...................
L eg al te n d e rs . . . .
R eserv e h eld .......
L eg al re s e r v e ..._.

D em and.

87% ®4 88
4 89
86% ®4 87
86 ®4 86 %
17%®5 1678 5 155s®5 15
403 i 8®40%
4038®40718
953g®95%
95% ® 95 78

101

Interest J u ly
Periods 14.
2 s, ........................ reg.
4s, 1 9 0 7 ... . . ....r e g .
4 sr 1 90 7 ______ coup.
5s, 1904...............re g .
5s, 1904............ coup.
6 s, o u r’cy,’9 5 ....r e g .
6 s, e u r’ey,’9 6 ....r e g .
6 s, o u r’cy,’9 7 ....r e g .
6 s, o u r’ey ,'9 8 .._ .reg .
6 s, e u r ’oy,’99 ___reg.

J u ly
16.

Q.-Mch. * 96 * 96
Q .- J a n . "1135s *11358
Q .-Ja n . *11358 *113%
Q.- Feb. *xl7% *117!®
Q .-F eb. 1181® 119
J . & J . *10 1 *10 1
J . & J . *104 *104
J . & J. *107 *107
J . & J . *109 *109
J . & J . *112 *112

J u ly
17.

J u ly
18.

J u ly
19.

J u ly
20 .

* 96
114%
*114
118%
119%

* 96
*114
*114%
*118
*119%

* 96
*114
*114
*118
*119%

* 96
*114
114%
118*
*1193*

*104
*107
*109

*104
*107
*109

*10 1

*104
*107
*109
*112

*10 1

*112

*Thls is the price bid a t th e morning board; no

11

*101

*112

*10 1

1

*104
*107
*10 »
*112

* <rv made.

United States Sub-Treasury.—The following table shows
receipts and payments at the Sub-Treasury.
P aym ents.
14
16
17
18
19

20

$
2,342,646
3,035,053
3,205,286
2,843,070
4,055,123
3,265,453

T o ta l

18,746,631

Ju ly
P
“
“
“
“

Coin.

$
$
3,562,106 80,638,088
3,036,979 80,501,395
4.030.449 80,520,091
1,922,871 79,796,032
3.046.449 78,473,500
3,148,052 76,974,694

B alances.
Coin Cert’s. C urrency.
$
1,597,742
1,813,574
1,717,316
1,889,047
2,215,229
2,138,661

$
52,915,146
52,834,090
52,086,441
53,558,968
55,563,992
57,256,768

18,746,906

Coins.—Following are current quotations in gold for coins:
Sovereigns............$4 87
N apoleons............ 3 88
X X R eichm arks 4 80
25 P e s e ta s .......... 4 80
Span. D enbloons.15 55
Mex. D oubloons. 15 55
P in e gold b a rs . . . . p a r

@$4 91
P in e silv er b a r s .. — 62% ® — 631®
@ 3 95
F ive f r a n c s ....... — 90 ® — 95
® 4 90
M exican d ollars.. — 50%® — 52
® 4 90
Do uncom ’c ia l.. ------® — ____
®15 75
P eru v ian sols....... — SO1®® — 52
®15 75
E nglish s ilv e r___ 4 80 ® 4 90
@% prem . U.S. tra d e d o llars — 55 ® — 65

State and Railroad Bonds.—The light sales of State bonds
have included $10,0U0 North Carolina 63 at 125 ; $3,500
Louisiana con. 4s new at 95 and 96 ; $5,000 Tennessee redemp,
4%s at 106; $5,000 Tennessee settlement 3s at 79 and $55,000
Virginia funded debt 2-3s of 1991 at 58% and 58%.
Railroad bonds have been more active, ahd for a few days it
looked like an advance in several issues, among which were
Richmond Terminal 5s and 6s, Northern Pacifies, Union Paci­
fies, Atchisons and Phila. & Readings, but afterward the
tone of firmness gave way to an easier feeling. To-day there
was a large movement in Atchison bonds at declining prices.
The 1st 4s sold to the extent of $317,000, closing at 73%, and
of _ the 2nds, class “A,” $377,000 were sold, the last price
being 73%; part of the selling seemed to be for foreign
account. It is plain that the prices of many of the
bonds in default depend from week to week on the
varying phases of the several reorganization plans, while it
may be said as a general rule that bonds are kept down by
the recent small earnings on their respective roads. The
Richmond Terminal bonds are dealt in freely at steady prices,
on the prospect of an early completion of the reorganization
of the old R. T. Company.
Railroad and Miscellaneous Stocks.—The firmer tone
and greater activity which prevailed on the Stock Exchange
Monday, and to some extent on Tuesday, has given way to
apathy and consequent dulness. Industrials are still promi­
nent and the trading in them has amounted on some days to
fully two-thirds of the whole business. Am. Sugar has fluctu­
ated as usual but held up remarkably well under the circum­
stances, closing at 101%, against 99 last week; and it is gen­
erally believed that the company will be able to earn divi­
dends whether refined sugar has special protection or not.
Chicago Gas has declined upon the granting of a charter to a
new company by the Chicago City Council, and closes at 75%
against 76%. Distilling & C. F. weakened under changes
talked of in conference committee as to whiskey and reported
heavy inside selling of the stock. It closes at 19%, against
22% last week. Railroad stocks have remained fairly steady
without much variation from former quotations. I t
is thought that losses of Western roads by the strike
will prove to be less in most cases than was expected, and the
loss of earnings, however large for the few weeks, was a tem­
porary matter, and quite different from any difficulty reach­
ing into the distant future. The heaviest trading has been in
St. Paul, which closes at 59%, against 69 last week; C. B. &
Q. closes at 75%, against 75; Atchison at 3%, against 5%;
R&ading at 17%, against
and Pullman at 159, against?
158%. Among the “unlisted” not mentioned above, American
Tobacco closes at 86. L. I. Traction at 14% and U. S. Leather
has come into notice, closing at 10 for common *>nd 57 for the
preferred.
* j

L02

THE CHRONICLE,

N E W Y O R K S T O C K E X C H A N G E — A C T IV E

STOCKS fo r week ending J U L Y

[V o l . L lX .
2»,

and since JAN.
Sales of
th e
Week,
Shares.

H IG H E S T AND LOW EST PR IC E S.
S a tu rd a y .
J u ly 14.

M onday,
J u ly 16.

T uesday,
J u ly 17.

W ednesday, T hu rsd ay ,
J u ly 18.
J u ly 19.

F rid a y ,
J u ly 20.

STOCKS.

1, 1894.

R ange fo r y e a r 1894.
L ow est.

H ighest.

.

A c tiv e R R , S to c k s .
3% J u ly 20 16 M ar. 14
3 % 4% A tchison T opeka & S a n ta F e 11,495
4%
5%
4%
534
5% 5%
5%
5%
5%
*7
q
11*
*7Q
11«
1% M ar. 28
% Jan .
*% 1
1% .................... A tla n tic & P acific.....................
•%
1,100 67 Ja n .
81% A pr. 6
*72
73% B altim ore & O h io ,
72
72% 73% *72% 73% 72
72
72
*71
72
73%
J a n . 18
310
62%
Ju
n
e
11
*65
66 x63% 63% C anadian P a c if ic ............
65% 65% *65% 65%
66
*6413 65*2 66
350 47 Ja n .
52% M ar. 31
49 C anada S o u th e rn ....................
49% *48% 49% *48% 49% 49
*49
49% *48% 4934 49
701
117%
M
ar. 8
104
M
ay
31
10834 10»34 *105 106% 106% 106% 106% 106% 10634 106% 107% 107% C e n tral of N ew J e rs e y _____
950 16 M ay 21 20% A pr, 7
16% 16% 16% 16% 16% 16% *16% 17 C hesapeake A O h io .................
*166s 1733 lb % 17
142
J
u
ly 5
130
Feb.
12
*140
142
Chicago
&
A
lton
...................
.
140 142
140 142
140 142
140 142
*140 142
84% M ar. 21
75
7538 75% 765g 75% 76% 75% 76% 7534 75% 75% 7 6 _ Chicago B u rlin g to n & Quincy 33,310 73% J a n .
52
J
u
n
e
55
Feb.
27
.................... Chicago & E a s te rn Illin o is ...
93 M ay 23 97 Ja n . 18
...............
Do
p re f.
45,680
65%
A
pr.
6
54%
Ja
n
.
59
59% 58% 59% Chicago M ilw aukee & St. P au l
60% 59% 60
59% 60% 59% 60% 60
123% M ar. 13
446 116 Ja n .
119
Do
p re f.
118% 119% 119 119% 118 118 *118
*119 119% 119 119
1,226
110%
J
u
n
e
7
97
Ja
n
.
105 IO 534 105 105 Chicago & N o rth w e ste rn .
105% 106
1056a 1055g IO 534 105% 105 105
145 A pr. 9
135% Ja n .
143
Do
p re f.
'140 143 *140
140 143
140 143
140 143
*140 143
9,500
72%
Apr.
7
61%
Ja
n
.
67% 67% 67% 68% 67% 683s 67% 67% 6734 67% 67 % 67% Chicago R ock Isla n d & Pacific
4 l% A p r. 7
2,225 32% J a n .
36% 36% 36% 36% 36% 36% 36% 36% 36% 36% 35% 36% Chicago St. P a u l M inn. Æ Om.
116 A pr. 10
109% Ja n .
118
Do
p ref.
113 116 *114
113 116
113 116
*113 116 '114 117
905 31 J a n . 10 41% M ar. 19
37% Cleve. Cincin. Chic. & St. L ...
37% 37% *36% 37% 37
37
36% 37
36% 36% *35
20 78 J a n 18 88 M ay 12
85
85
Do
p re f.
*75
85
*75
85
* ......... 85
230 15% J u ly 11 20% M ar. 31
17 Colum bus H ocking Val. & Toi
15% 16% 16% 17
15% *15
*15
15% *1534 15% *15
110
57% M ay 23 66 J a n . 12
*60
66
Do
p ref
*60
66
60
60
*60
66
60
60
*60
66
2,172 126% J u ly
144% Apr. 7
130 131
130% 130% 130% 130% 130% 130% *130 130% D elaw are & H u d s o n ............ .
129% 130
5,752
158 M ay 21 170% Ja n . 16
163% 163% 163 164
163 163% D elaw are L ack aw an n a* W e st
160% 164
163% lb4% 163% 164
11% A pr. 16
9% J u n e
.................... D enver & R io G r a n d e ..............
450 24 J u n e 22 34% A pr. 11
27
Do
p re f.
26% 26% 26% 26% 27
27
27
*2734
7 J u ly 16
960
||%
Ja
n
.
19
6
%
6
%
*6%
7%
E.T.V
a.&
G
a.,cert.
3
d
a
s
s
’tp
d
.
6%
7
7
7
7
■*6
7
7
100 1 1 % J u n e 23 13% J u n e 22
*13
14
*12% 14
*12% 14 Do 1 st pref., cert. 3d ass’t pd.
12% 12% *13
*11
15
13
9
J u ly 17
650
4%
M
ar.
28
*9
934
*8%
9%
Do
2d
pref.,
cert.
3d
ass’t
pd.
834
8%
9
9
9
9
*7
9
200 51 J u ly 17 68 A pr. 20
*51
55 *......... 53 E van sv ille & T erre H a u te ___
*51
55
51
*51
53
55
106
A
pr. 9
100
Ja
n
.
*99
102
G
reat
N
o
rth
ern
,
p
r
e
f
..............
'100
104
100
104
*100
104
100
*100 104
104
95 M ar. 29
817 89 J u ly
*90
91 Illinois C e n tra l.........................
90% 91
91
*89% 90% 90% 90% 90% 90% *90
11%
A
pr.
3
310
6
Ja
n
.
*9
9%
Iow
a
C
e
n
tral..............................
*9
9%
934
934
9
9
*9
9%
934 934
39% A pr. 9
170 23% Ja n .
35
Do
p ref.
34% 34% *32
*31% 35
33
33
33
33
*31
33
17%
M
ar.
30
13%
Ja
n
.
12
*15%
16%
L
ake
E
rie
&
W
e
s
te
rn
..............
*15%
16%
*15%
16%
*15%
16%
*15% 16%
*15% 16%
20 63 Ja n .
70 M ar. 31
Do
p re f.
*65% 68% 6734 6734 *65% 68% *65% 68% *65% 67% *65% 67%
3,090 118% J a n .
133% J u n e 20
130 130% 12934 129% 130% 130% 129% 130% 129% 130% L ake Shore & Mich. Southern
130 130
150 87 M ay 22 100 Ja n . 2
*86% 89 Long Is la n d ...............................
*86% 89
*86% 89
89
89
88
88
*86% 88
8,523 40% J a n . 12 52% M ar. 31
45% 46% 45% 45% 45% 45% L ouisville & N ashville.............
45% 46% 4634 46% 45% 463j
10 Ja n . 22
410
6 Ju n e
*734 7%
*7
7% Louisv. N ew Alb. & Chicago.
*7
8
7
7
7% 7%
7
7
40 J a n . 6
1,520 19 J u ly
25%
26%
Do
p
re
f.
26%
2334 25
*21
24
24
24% 24% 26% 25
l% A p r. 2
1% Feb.
*1% 5
*1% 5
*1 % 5 L ouisville St. L ouis & Texas.
*1% 5
*1% 5
*1% 5
2,090 113 M ay 23 127% A pr. 26
116 116% 115% H 6 % 115% 116% M a n h attan E lev ated , consol..
115% 116
117 117
*115 116
16 95 J u n e 29 100% Feb.
*93
95 M ichigan C e n tral................ .
94
96% 94
*93
96% 93
96% *93
*93
95
4 Ju ly 14 13% Apr.
1,580
*4 % 5 M inneapolis & St. L., tr . rects
*4
5
4% 4%
4%
5
4
5%
5%
534
1,700 15% J u ly 20 38% Apr.
16
16
15% 15%
Do
p ref. .tr. rects.
*15
20
18
20
20
2
18
18
12
J u n e 23 16% Apr.
500
13% 13% *1 2 % 13% M issouri K an sas & T e x a s__
*13% 14
*13% 14
13% 13% *13% 14
1,060 18% J u n e 25 27% A pr.
Do
pref.
*20% 21% 20% 21% 21% 21%
21
21
21
*20% 21
21 %
16,094
18%
J
a n . 5 32% A pr.
27
25% 26% M issouri P acific........................
*26% 26% 26% 27% 26% 2734 26
26% 27
15% J a n . 3 22 M ay 15
*18
20 Mobile & O hio............................
*18
20
*18
20
*18
20
*18
20
*18
20
70
Ja
n . 19 74 A pr. 18
20
.................... N ashv.C hattanooga& St. Louis
66% 66% *65
75
*65- 75
4,322 95% M ay 24 101% M ar. 30
97% 97% 97% 98 New Y ork C e n tral <fe H udson.
97% 97% 97% 98
97% 97% 97% 9 ,%
13%
M
ay
22 16% A pr. 9
14
14
*13% 14% *12% 14% *12% 14% *12% 14% New Y ork Chicago & St. Louis
*12% 14
64 M ay 21 75% Feb. 3
*60
68
Do
1 st p re f
*60
68
*60
68
*60
68
*60
68
*60
68
34% Apr. 2
26
J
u
ly
12
8
28%
Do
2d p re f.
28% *25
28% *24
26
26
*25
28% *25
*25
28
1,000 11% Ju n e 25 18% M ar. 28
*13% 13% N ew Y o rk L ak e E rie & W est’n
14% 14% 14% 14% *14% 14% 1434 1434 13% 14
39%
M ar. 27
25%
M
ay
21
10
—.............
Do
p re f.
31
31
9 1 0 ||3% May 19 14% J a n . 23
tl4
14% New Y ork & N ew E ., tr. rects
9% 9%
: 934
195
M
ar. 15
178
J
u
ly
11
7
4
177 183
177 183 New York N e w H a v e n & H a rt.
181% 182
182% 182% 180 180
*177 1 8 3
6 A pr. 26
5% M ay 24
.................... New Y ork & N o rth ern , p r e f ..
17%
A
pr.
ff
9
8
2
14
J
u
n
e
25
15% 14% 15% 14% 14% |New Y ork O ntario & W estern
14% 14% 15% 1534 1534 1534 15
16% M ar. 14
7 6 0 13% J u ly
1434 14%
14% 14% *1434 14% 14% 14% |New Y orkSusq. & W est., new .
14% 14% *14% 15
46%
M
ar.
5
36
M
ay
21
407
41
41
Do
p re f.
41
4 j % 41
*39% 40
40
40% *40
*39% 40
7% A pr. 3
4 J u ly 3
400
4
4 N orfolk & W estern ...................
4%
4%
4% 4%
3% 3%
4
4
60 17% Ja n . 19 26 A pr. 9
*19
19%
Do
p ref.
20
20
*19% 20% *19% 20% *1934 20% * 1 9 % .........
6 % M ar. 20
6
0
3
3%
J
u
n
e
22
*3%
4
N
o
rth
ern
P
a
c
if
ic
.....................
*3%
3%
3%
4
4
4
4
4
3% 3%
4 ,0 9 5 12% M ay 21 23% M ar. 30
14
Do
p ref
14% 14% 13% 1414 14
14% 14% 14% 1514 14% 15
20
Ohio
S
o
u
t
h
e
r
n
.
.
.
.
.
.
.
..............
*20
40
*20
40
*20
*20 .4 0
40
*20
40
30 10 Ju n e 20 30 Mar. 7
12
12 Oregon R ’y & N avigation Co.
*12
20
*12
20
*12
20
*12
20
*12
20
4% Ja n . 2 10% A pr. 0
100
*4% 6 O regon Sh. L in e & U tah N orth
*4%
6
5
5
*4%
*4% 6
6
*4% 6
5% M ar. 31
3 Ju n e 23
150
*2% 3% P eo ria D e c a tu r & E van sv ille.
3%
*2% 334 *2%
*3
3
3
*3
3%
3%
14%
May 21 23% M ar. 14
15,540
16%
17%
P
hiladelphia
&
R
e
a
d
in
g
.........
17%
17^
17% 17% 17% 17% 17% 18% 17% 17%
15%
Apr. 6
325 1 0 bj Ju ly 12
*10% 12 P ittsb u rg Cinn. Chic. & St. L .
11
11
10% 10% 10% 10% *10% 11
10 %
*10
420 42 Ju ly 20 53 A pr. 7
42
42
Do
p ref.
42
42% *40
42% 42% *42
42% 42
*42
43
12%
J
u ly 18
12% 12% 1 1 % 1 2 % R.&W.P. T er.,tr. r.4 th a s s t.p d 23,400 112 Ja n . 15
12 % 12% 12%
11% 11% 11% 12% 12
1,080 1 2 % Feb. 7 18 % A pr. 6
*17
18
Do
pref. tr. re c ts.
17% 17% 17% 17% 17% 17% 17% 18
17
17
15 Feb. 1 15 Feb. 1
.................... Rio G ran d e W estern......... .......
.....................
Do
p re f.
5% A pr. 5
4 Ja n . 4
*3% 4% St. L ouis S o u th w e ste rn ._____
*3%
*3% 4%
*3% 4%
*3
5
*3% 4%
7 Ju ly 1 1 11 A pr. 5
*7
8%
Do
p re f.
*7
8%
*7% 8%
*7
8%
*7
8
*7% 8
2 2 % Ja n . 18 27 Apr. 23
*22
26 St. P a u l & D u lu th .....................
*22
26
22% 26
*22
26
*22% 26
*22% 26
88 Ja n . 8 95 M ar. 29
*85
95
Do
p re f.
*85
95
*85
95
87
95
*87
95
*87
95
200 100 Ja n . 6 L07 M ay 5
102 102 *101 104 St. P a u l M inn. & M a n ito b a ...
102% 105
104 104
101 101
*100 103
17% J u ly 10 25 M ar. 14
1,600
17%
18
S
outhern
Pacific
Co................
.
18%
18% 18
18
18% 18
17% 17% 17% 18
7 Ja n . 2 10% Apr. 5
1,10 0
8 % 8 % T exas & P acific.........................
8%
8%
8%
9
8%
9
*8% 9%
*8% 9
3% Ju ly 10 11% Apr. 3
100
4%
Toledo
A
nn
A
rbor
&
N.
M
ich.
*4
*4
. 4%
4
4
*4
4%
4%
*4
*4
4%
34% J u ly 2 38 Ja n . 30
35 Toledo & Ohio C e n tral............
*34
*34
35
*34
*34
35
35
35
*34
*33
35
75
Ja n . 2 75 Ja n . 2
45
75
Do
p re f.
*69
*69
75
'69
65
75
75
69
*69
75
65
3,2 ti3 9 Ju n e 25 22% Mar. 31
10% Union P acific............................
10
10
10% 10% 10
*10% 11% 11% 11% 10 % 11
6 % M ar. 29
3%
Ju
n e 27
*3% 4 Union P acific D enver & G ulf.
*3%
4
*3% 4
3% 4%
*3%
432
*3% 4%
8 % Apr. 6
5% Ju ly 10
300
6 % W abash............ ..........................
*6
6%
6% 6% *6
6%
*5% 6%
6%
*6
6%
18%
Apr. 9
1
2
%
Ja
n
.
2
1,722
14%
Do
p ref.
14% 14
14% 14% 1434 14% 14% 14% 14% 14% 14
9% May 18 13% Apr. 6
1,160
10% 10% W heeling & L ake E rie .............
10 %
10% 10% 10% 10% 1034 1034 10% 10% 10
2
51%
Apr.
41
Ju
ly
10
1,235
Do
p re f.
42% 42% 42% 42% 43% 43% 42% 43% 41% 42% 42% 43%
8 % A pr. 2
3% J u ly 20
743
3%
3% W isconsin C e n tral C om pany.
3%
3%
3%
3%
*3% 4
4
4
4%
4%
M is c e lla n e o u s S to c k s .
'
32% M ar. 30
1,390 26% M ar.
*26% 27% A m erican C otton Oil Co.........
27
*26% 27% 27
*26% 2734 26% 27% 26% 27
76 M ay 3
56 63 Ja n .
70
Do
p re f.
70% 69% 69% *68% 69% 70
70% *69
70
70% *69
109%
M ay 4
264,404
75%
Feb.
101
102%
A
m
erican
S
ugar
R
efining
Co.
1
0
L%103
99%
102%
9 9 3 4 10 1 %
98% 99% 99% 102
97%
M ay 5
79% Ja n .
94% 94%
Do
p re f. 1,888
94% 95
94% 94% 94% 95
91% 94%
9434 94%
94%
A
pr. 12
69%
Ja
n
.
85%
86
A
m
erican
Tobacco
Co.............
3,885
86
86%
86
86%
86
8614
8 8 % 8884 x85% 8 7
101
102
Do
p re f.
204 91% Feb. 16 105 J u n e 25
102 102 *101 102
101% 102
104 104 *100 103
80
J
u
n e 25
58%
J
a
n
.
3
74%
75%
Chicago
Gas
Co.,
tr
u
s
t
reo’t
s
.
.
63,401
74%
75%
74% 75%
76% 7734 76% 76% 74% 76
5 J u n e 26 13% A p r. 4
7%
7% Colorado Coal & Iro n D e v e l..
100
*6
7
*6
7
*6
7
*6
7%
*6% 7%
27%
A
pr.
4
21
Ja
n
.
3
*23%
26
Colorado
F
u
el
&
I
r
o
n
..............
*23%
26
*23
26
*23
26
*24
26
*24
26
2,600 122% Ja n . 29 140 A pr. 20
124 125% 125 125 C onsolidated Gas C o m p an y ..
125 126% 124% 125
125 125% 1 2 5 126
30%
Feb.
6
18%
J
u
ly
17
19%
21%
D
istilling
&
C
attle
F
eed
in
g
Co
114,345
19% 20%
20
22% 23% 2034 22% 18% 20% 19
9,375 30% J a n . 3 4 5 % M ar. 8
36% 36% 36% 36% 35% 36% G eneral E lectric Co..................
36% 37
37 7i
3 7 14 37% 3 7
42%
A
pr.
3
0
22
J
a
n
.
2
*38
38%
N
atio
n
al
L
ead
Co.....................
4,565
37% 38
38% 38% 3834 3914 37% 38% 37% 38
68 J a n . 2 88 % Apr. 30
Do
p re f. 486
84% 84% 84% 84%
84% 85
84% 85
84% 84%
83% 85
5% M ar. 17
2% J u n e 25
2% 2% N o rth A m erican Co......... .
1,253
*2% 3%
3
3
3
3%
3
3
*2% 3
14 O regon Im p ro v em en t Co___„
55 11% J u ly 7 17% A pr. 2
12
12 % *12
*11
13
*11
13
*11
13
*11
13
19
Ja n . 30
13%
M
ay
15
P
acific
M
ail................................
170
*14% 15% *14% 15% *14% 15% 15% 15% *14% 16
84% 84% P ip e L ine C ertificates............. 26,000 79 J a n . 15 90% J u n e 9
*84 . . . . . . * 8 3 % .........
*84 ......... *84 .......... *84 . . . .
174
A
pr. 13
152
J
u
ly
9
P
u
llm
an
P
a
lace
C
ar
Com
pany
2,197
158 158% 158% 158% 158% 159
159% 160
15834 159
159% 161
Silver B ullion C ertificates...................... 64 A pr. 26 67 Ja n . 20
20%
Mar*
6
14%
J
an.
3
1,750
18% 18% 18% 18% 18% 18% T ennessee Coal & I ro n .............
18% la %
18% 18% 18% 18%
Do
p r e f ........... - 62% M ay 2 71 A p r. 2
23%
J
u
n
e
18
15%
M
ay
19
5
,1
3
0
21% 21% U n ited S tates Cordage C o ...,
21% 22
21
21 %
21 %
22
2 2 % 2134 22% 21
343 33 M ay 18 41 J u n e 19
Do
p re f.
36% 36% 35% 35% 35% 36% *35% 37%
37% 37%
*36% 38
7 5 33% M ay 22 43 A pr. 5
35
35 i 1uited S tates R u b b e r Co.......
■*34
36
*34
36
33
33
*34
36
*33
37
8
,2
9 4 80% .Tan. 3 87% M ar 6
W
estern
U
nion
T
eleg
rap
h
___
85%
85%
84%
85%
84%
85%
84%
85
84%
84%
84% 84%

Dti,, •*These are bid and asked: no sale made.




11Old certificates.

12d assessment paid.

J

u l y . 21,

103

THE CHRONICLE.

1894.J

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES
B r Share P rice s —n o t P er C entu m P rice s.

Active Stocks,
f In d ic a te s u n listed .

S atu rd ay ,
J u ly 14.

Atoll. T. & 8 . F e (Boston).100
A tlan tic & P ao .
*f
100Í
B altim o re & Ohio (B a lt.).100
1 s t p re fe rre d
“
3 00
2 d p re fe rre d
“
100
B a ltim o re T rao’n .(P h il.). 25
B oston & A lbany (Boston) .100
B oston & L ow ell
“
100
B oston & M aine
“
100
C e n tral of M ass.
“
100
P re fe rre d
“
100
C h ic.B u r.& Quin.
“
100
CMc. Mil. & St. P . (P h il.). 100
CMe. & W. Mich. (Boston). 100
Cleve. & C an to n
“
100
P r e f e r r e d ....
“
100
F itc h b u rg p re f.
“
100
H u n t. & B r. Top. (P hila ) . 50
P re fe rre d
“
50
L eM gh V alley
“
50
M aine C e n tral (B oston).100
M etropolitan T rae. fPA ii; .100
M exican C ent’1(.B o sto n ). 100
N. Y.&N.E, ,tr.rec. “
100
P re ferred ,tr.reo . “
100
N o rth ern C e n tral (B a lt,). 50
N o rth ern Pacific (P h ila ,). 100
P re fe rre d
**
100
Old C o lo n y .... (B o sto n ).100
P e n n sy lv a n ia .. (P h ila .). 50
PhU adel. & E rie.
**
50
P hila. & B ead in g
*f
50
P h ilad elp h ia T rac. “
50
S u m m it B ran ch (B oston). 50
U nion Pacific
“
100
Un ited Cos. of N. J . (P hila.) 100
W estem N . Y. & Pa (P hila.). 100
R l l e c e l l a n e o n s S tock.*«
Am. Sug’rRefin.fi (Boston) .......
P re fe rre d .........
“
....
S e ll T e le p h o n e ..
*•
100
B o st. & M ontana
‘
25
B u tte & B o sto n ..
“
25
C alum et & H ecla
**
25
C an to n C o . . . . . . . (B alt.J.100
C onsolidated G as
“
100
E rie T elephone (Boston) .100
G en eral E le ctric.. “
100
P re fe rre d .___ ,.. “
100
L am son S to re 8er. “
50
L ehi’h Caal&Nav. 'P h il.) 50
N .Eng. T elephone (Bost’n ) 100
N orth A m erican . (P h il.).100
W est E n d L a n d .. (Bost’n ) ___
* B id a n d ask ed prices;

70

55ie

*109
13% 13% 14
206
206 206%
*190
146% 147
146
1 1 % *1 0 % 1 1
*
47
76% 75% 76%
60% 60
60%
*10
*10
*
•50
k
2
69% 70
70
70

70

66

66

*3% 3%
3%
3%
3%
3%
*14% 14% *14% 15% *14% 15
180
180 180
180 180
49
49
49%
48% 49% 49
*
20
8 % 89ie
8 % 8*316
8 % 9%.
92% 93% 93% 95
92
93%
6
6
*4%
6
*4%
10 % 10 % 1 1
11
11
11
233 234
233% 233% *233 234
% 1

W ednesday,
J u ly 18.
4%
*%
*70

58i6

Ask.

85%
84
255 260
.........
4%
.........
.......
53%
50
.........
.........
127
225 235
.........
12
13
40
30
84
12%
10
40
30
......... 65%
.........
68
67
53% 54%
.........
86

5
.........
2

6

45
4
72

70
.........
.........
47
47%
77% 78
56
55
14
20
.........
.........

P referred ............ .
“
W est J e rs e y .............. (Phila.).
W est J e rs e y & A tlan .
“
W estern M a ry la n d .. (Balt.).
W iitn. Col. & A u g u sta
“
3
W ilm n g t’n& W eldon
“
3
W isconsin C e n tr a l... (Boston). 3
3
P re fe r r e d ............
“
100
Worc’st.N ash.& R och.
“
115

F rid a y ,
J u ly 20.

Sales
of th e
W eek,
Shares.

R ange of sales in 1894.
L ow est

MISCELLANEOUS.

3%
25

120

iMfc* P ric e includes overdue coupons.

Inactive stocks.

Bid.

A sk.

Bonds—Boston,
A t.T op.& S.F.100-yr.4g.,1989, J & Jr* 73% 74
2d2% -4s, g., Class A ..1989, A&O * 23% 23%
§ 82% 8334
B oston U n ited Gas 1 st 5 s ....
59%
2d m ort. 5 s..............................1939 § 59
B url. & Mo. R iv er E x e n p t 6 s, J & J $115 116
§104
106
N on-exem pt 6 s...........1918, J & J
93%
P la in 4 s .................. .....1 9 1 0 , J & J § 93
Chic. B url. & N or. 1 st 5,1926, A&O §102 103
2d m ort. 6 s .................. 1918, J& D 5 100 10 1
D ebenture 6 s . . . ..........1896, J& D § 99 100
Chic. B url.& Q uincy 4 s ..1922, F&A § 93
93%
96%
Io w a D ivision 4 s ___ 1919, A&O § 95
65
Chio.&W.Mich. gen. 5s, 1921, J& D § 60
86
Consol, of V erm ont, 5s. 1913, J & J § 85
65
C u rre n t R iver, 1 st, o s ..1927, A&O § 60
75
D et. L ans. & N or’n M. 7 s. 1907, J & J * 65
F a ste rn 1 st m o rt 6 g. 1906, M&S §120 1 2 1
Ire e ,E lk .& M .V .,ls t, 68.1933, A&O $124 125
U nstam ped 1st, 6 s , . . . 1933, A&O §123 123%
65
K.C. C.& S pring.,1 st,5g.,1925, A&O § 60
K C. F .S .& M . con. 6 s, 1928, M&N § 77% 79
K.C. Mem. & B ir., 1st, 5s,1927, M&S * 29% 32
§123%
K.
C. S t. J o . & C. B ., 7 s ..1907,
J& J124%
95
L. Rock & F t. 8 ., 1 s t,7 s ..1905, J& J § 75
L ouis.,Ev.& St.L.,1 st, 6 g. 1926, A&O §101 1 0 1 %
2m ., 5—6 g .................. 1936, A&O
M ar. H . & O nt., 6 s ....... 1925, A&O l i b i 103
54%
M exican C e n tral, 4 g. ..1 9 1 1 , J& J § 54
11
9
1 s t consol.incom es, 2 g, non-cum,
2d consol, incom es. 3s, non-cum .
6
7%
N. Y. & N .E ng,, 1 st, 7s,1905, J& J ,*110 1 1 0 %
1 st m ort. 6 s ....... .1905, J& J
*106 106%
2d m o rt. 6 s .................. 1902, F&A * 98% 100
Ogden. & L .C .,C o n .6 s...1920,A&O §102 lo3%
In c. 6 s .................................. ...1 9 2 0 y. . . . . . 20
R u tla n d , 1 st, 6 s ............. 1 9 0 2 ,M&N § iíó %
2d, 5 s.............................18 9 8 ,F&A ÍlüO
Bonds.—Philadelphia
A llegheny V al.,7 3-10s, 1896, J& J 104% 105
102 %
A tla n tic City 1 st 5s, g., 1919, M&N
B elvidere D el., 1 st, 6 s ..1902, J& D 1 1 1
C ataw issa, M., 7 s ......... 1900, F&A 115 .........
Clearfield & Jeff., 1st, 6S.1927, J& J
C onnecting, 6 s ......... 1900-04, M&S
D el. & f f d B r ’k, 1 st, 7 s. 1905, F&A 128
E asto n & A m . lstM .,5 s. 1920, M&N 108%
116% 118

Ï Unlisted.

H ig h est

43,g
4%
*% 1
72
*70

3% J u ly 20 16% M ar. 29
3%
4% 15,270
•62*8 J a n . 5
1
1% M ar. 14
*% 1
67% J a n . 4 81 A pr. 9
*70
72
*125
125 J a n . 17 129 Apr. 19
y
*113 115
116 *115
22 108 J a n . 31 119 M ay 12
13% 14
3,110 13% J u n e 30 17% Apr. 9
13% 13% 13% 13%
122 198 J u ly 2 212 A pr. 30
206% 206% 206 206% *206 207
191 191 *191 192
*190
54 18278 J a n , 10 191 J u ly 19
147% 149% 148 148
*146%
111 126 Ja n . 15 150 A pr. 17
11
*10 %
1 0 % 1 0 % *10
101 10% J u ly 19 14% M ar. 10
*40
46% 46%
10 46 J a n . 3 49 M ar. U
47
46
75% 76% 75% 75% 75% 75% 11,076 73% J a n . 3 84% M ar. 2 1
59% 59% 58% 59% 10,605 54% J a n . 3 65% A pr. 6
59% 60
10 J u n e 7 25% M ar. 13
*10
*10
*10
15
•50
•45 J u n e 6 •50 Ja n . 3
•50
*
2 *
2 it
2
2% J a n . 16
2 F eb. 24
70
70
70
70
70
70
185 66 % J u n e 1 81 F eh. 7
31% 33%
422 29% A pr. 25 35 J a n . 10
x31% 31%
70 47 M ay 7 52 J u ly 1 1
*49% 50% *50
904 36 M ay 21 42% M ar. 13
37% 37% 37% 37% 37% 38%
*112
*112
*110
5 101 J a n . 16 114 A pr. 5
114% 115% 115% 115%
3,043 X96% J a n . 6 122 A pr. 1 2
116 116
5 58 J a n . 2
6%
7
238
9% A pr. 3
• *7
7%
6%
7
140
3% M ay 19 14% J a n . 23
60 24% M ar. 20 41 J a n . 8
*66
67
6 66 J u ly 17 68 % F eb. 23
3%
3%
3% J u n e 23
3%
3%
*3%
3%
688
6 % M ar. 21
100 12% J u n e 25 23% M ar. 31
*14% 14% *13% 14% 13% 13%
*_____ 180 *
179% 179%
41 170% J a n . 2 180 J u n e 11
180
49% 49
49%
2,535 48 J a n . 5 52% A p r. . 7
49% 49% 49
21% Ja n . 20 28% F eb. 1.
*15
*19
21
*18
81316 8i5le
7% M ay 21 11% M ar. 12
8%
8%
8%
8 % 19.401
t83%
J u ly 2 115% A pr. 11
93
93% 93% 94% 95
95% 12,538
*4
4% M ay 24
*4%
*4%
6%
7% M ar. 5
1 0 % 1 0 % 10
1,929
10 % 10
10 %
9% J u n e 25 22% M ar. 31
*233 234 *233 234
231 231
19 227% Mar. 21 234 J u n e 19
III
Hi
»ltd.
950
2% J a n . 26
% J u iy 17

A llouez M in g ,asst p d (Boston). 25 •20
•30
A tlan tio M ining____
“
25
8
8%
C ity P assen g er R R ... (B alt.). 25
7
B ay S tate G as.............(Boston). 50
7%
B oston L a n d ..................
“
10
3%
4
C entennial M in in g ...
“
% 1
E le c tric T ra c tio n ___ (P hila.). 50
75% 76
44% 45
Do
do tr .rc ts .
“
2%
3
F o r t W ayne E le ctric^ (Boston). 25
F ra n k lin M ining____
••
25
8
8 % .ehigh N av. 4% s.......... 1914, Q—J
1
F re n ch m ’n ’s B a y L ’n d
“
5
2d 6 s, gold...................1897, J& D
1%
Illin o is S t e e l .............
“
100 40
49
G eneral m o rt. 4%s, g .l9 2 4 ,Q —F
K earsa rg e M in in g ....
25
4%
5
M orris C anal g u ar. 4 . (P hila,).100
P re ferred g u ar. 1 0 .
“
100
2d 7 s..............................1910, M&S
O sceola M i n i n g .......(Boston). 25
18% 18%
Consol. 6 ............ ......1 9 2 3 , J& D
P u llm an P alace C a r..
“
100 157 158
Q u in cy M in i n g .......
“
25 82
G en. M. 7 s . . . .
84
.1 9 0 3 , J& J
T am arac k M in in g ....
“
25 155 157
U n ite d G as Im p t.
(P hil.).........
65
65%
Consol. 6 s, o
............ 1905, V ar
1
W ater P o w er...............(Boston).100
Consol. 5s, r . . ....... .....1 9 1 9 , Vair
1%
W esting.Eleo. 1 st pfd. (Boston) . 50 51% 52%
C ollât. T r. 4% g ...........1913, J& D
Asaenfcinsr
“
. 50 33
Pa. & N. Y. C anal. 7 a .. .190«. t a d
34




T h u rsd ay ,
J u ly 19.

33,441 75% J a n . 24
98% 99% 99% 101% 99% 1 0 1 % 99% 102% 1 0 1 % 10 2 % 1 0 1 % 1 0 2
94% 94% 94% 94
94
94% 93% 93% 94% 94% 94% 94%
694 79 Ja n . 3
191 192
194% 194%
191 191
191% 191% 191% 193% 194 194
187 163 F eb. 26
*2 2 % 23
2 2 % 2 2 % *2 2 % 23
22%
255 22% J u ly 12
2 2 % 2 2 % 2 2 % 2 2 % *22
8 F eb. 14
444
‘ 8 % 8 % *8 % 8 %
8 % *8 %
8%
8%
8%
8%
8%
85s
265 J u n e 22
’270
*270
*272
*272 275 *272 275
**272 275
80
*75
80
66 J a n . 18
78
724 53% J a n . 3
65% 65%
65% 66
65% 65% 65% 65% *65% 66
65% 66
*45% 46%
45% 45% 45% 46
107 42 Feb. 21
46
46
*45% 46% *45% 46%
35% 36%
37% 37% 37
37
1,878 30% Ja n . 3
36% 36% 36% 36% 36% 37
*
65
64
64 k
65
*62
5 56 J a n . 4
65
12% J a n . 2
*20
21
*20
*20
*20
*20
29s 50 M ay 23
51
*50
51% *50%
51
51
50% 50% 50% 50% 51
62%
*62
63
*62
62% 62% 62% *62
»62
60 49 F eb. 28
62% *62
2% J u n e 27
2%
2
1,826 11% J u ly 3
2
2
2
2%
2%
2% 2%
2%
2%6 2 iie
i E x rig h ts .
no sa le w as m ade.

C a ta w issa......................
1 s t p re fe rre d .........
“
2d p r e f e r r e d .......
“
•Central O h io ........... (Bali.).
C h ari. Col. & A u g u sta
“
1
C o n n ecticu t & P a ss . (Boston).)
C o n n ecticu t R iv e r ...
“
1
D elaw are & B ound Br,. (Phila.).)
F lin t & P ere M a rq ... (Boston).)
P r e f e r r e d ....................
“ 3

P re ferred ..................
18aab o ard & R oanoke.
1 s t p re fe rre d .........

5 5 ,,
5% 5&,,
%
%
*%
*69%
*70

52
52
52
52
*51% 52
37% 37% 37% 37% 37% 37%
1 l l L i 1 1 1 to *110
G il
117 117
116% 117
116 117
*7
*7
7%
7%
6% 7
9
9
9
9
35
35
40

Bid.

“

N o rth P en n sy lv a n ia .
Oregon S h o rt L in e ...f
P en n sy lv an ia & N. W.

110

*10

Prices o f J u ly 20.
A tla n ta & C h a rlo tte {Ba

P re fe r r e d .

1

T u esd ay ,
J u ly 17.

13% 13% 13%
’205
206
190 190 *190
146 146
146
11 *
47
75% 75%
75
59% 60% 59%

Inactive Stocks.

M ary lan d C e n tr a l....
M ine H ill & ». H av en
N esquehoning V al.. . .

5%

5%
*%
110

M onday,
Ju ly 16.

§ And acoraed interest,

110

109% M ay 4
97% M ay 4
204 J u n e 23
29 A pr. 5
11% A pr. 9
302 Ja n . 18
80 J u ly 2
66 % A pr. 8
48 J u n e 6
45% M ar. 8
75 M ar. 8
26 A pr. 7 7
55 M ar. 11
63% J u n e 15
5% M ar. 19
12% M ar. 20

Bonds.
P a. & N. Y. Ca., con. 58.1939, A&O
P erkiom en, 1 st s e r.,5 s .l9 1 8 , Q—J
P h ila.& E rie gen. M. 5g.,1920, A&O
Gen. m o rt., 4 g .......... 1920, A&O
P h ila & R ead, new 4 g., 1958, J& J
1 st pref. incom e, 5 g, 1958, F eb 1
2d p ref. incom e, 5 g, 1958, Feb. 1
3d pref. incom e, 5 g, 1958,F eb
2d, 7 s ............................ 1933, A&O
Consol, m o rt. 7 s ......1 9 1 1 , J& D
Consol, m o rt. 6 g . . ....1 9 1 1 , J& D
Im provem entM . 6 g., 1897, A&O
Con. M .,5 g.,stam ped,1 9 2 2 ,M&N
T erm inal 5s, g .........1941, Q.—F.
P hil. R ead. & N. E . 4 s ...........1942
Incom es, series a . . . . . . . . . . . 1 9 5 2
Incom es, series B . . . ............1952
P hil. Wilm. & B alt., 4 s .1917, A&O
P itts. C. & St. L ., 7 s . . . . 1900, F&A
S chuyl.R .E .S ide,lst 5 g.1935, J& D
Steuben. & Ind., 1 st m .,5s. 1914, J &J
U nited N. J ., 6 g ......... ..1 8 9 4 , A&O
W arren & F ra n k .,1st,7s,1896,F&A
Bonds.—Baltimore.
„ „
A tla n ta & C hari., 1 st 7s, 1907, J& J
Incom e 6 s .. . . . . . . , . . . 1 9 0 0 , A&O
B altim ore B elt, 1st, 5 s .1990, M&N
B altim ore & Ohio 4 g ., 1935, A&O
P itts . & Conn., 5 g ...l 9 2 5 , F&A
S ta te n Islan d , 2d, 5 g.1926, J& J
Bal.&Ohio S. W .,lst,4% g.l990, J& J
CapeF.& Y ad.,8er.A .,6g.l9L 6, J& D
Series B ., 6 g ....... .....1 9 1 6 , J& D
Series C., 6 g . . . . —....1 9 1 6 , J& D
Cent. Ohio, 4% g ......... ..1 9 3 0 , M&S
C hari. Col.&Aug. I s t 7 s .l 8 9 5 , J& J
Ga. Car. & Nor. 1 st 5 g. .1929, J& J
N orth. C ent. 6 s . . . . . . ....1 9 0 0 , J&J
6 s .............. ..................... 1904, J & J
S eries A, 5 s . . . . . . . ....1 9 2 6 , J& J
4 % s.............................. 1925, A&O
PiecLm.& C um .,1 st, 5 g.l913L, F&A
P itts. & Connells. I s t 7 s .l 8 9 8 , J & J
V irginia M id., 1 st 6 s . . . 1906, M&S
2d S eries, 6 s .. . . . . . . . . . 1 9 1 1 M&S
3d Series, 6 s .. . . . . . . . . 1 9 1 6 , M&S
4 th S eries, 3-4-5s.......1921, M&S
5 th Series, 5 s .. .......1 9 2 6 , M&S
W est V a C. & P . 1st, 6 g.1911, J & J
Wef't’l.N .C . Consol. 6 g.1914, J& J
Wilm. Col. & A ug., 6 s .. 1910, J& D

107% 108
MISCELLANEOUS.
10 1%
10 2 % 10 2 % B altim ore—City H a ll 6 s .1900, Q—J
F
u
n
d
in
g >3a..r . . . ......1 9 0 0 , Q—J
109
1 W est M aryl’d R S , 6 s ..1902, J& J
132
W ater 5 s .. . ...........1 9 1 6 , M&N
121
fSinding 5 S ...........1 9 1 6 , M&N
106
E x ch an g e 3 % s........1 9 3 0 , J& J
122 %
V irginia (State) 3 s, n e w .1932, J & J
C hesapeake G as, 6 s . . . . .1900, J& D
118%
Consol. G as, 6 s .. . . . . . . . . 1 9 1 0 , J& D
113%
5 s .....................................1939, J & J
100
1 O, Q A*-0
124
..... iomiteblA Oft.
t L a s t p ric e tu w w °0 s,

x ex-rights.

Bid. Ask.
109
114
102
76
30
20%
15%
119
125
113
105%
99 's
104
3L%

76%
30%
20%
15%

100
104%
32%

5
101% 102%
116
109
107%
102
106
116% 116%
95 I . . . . . .
......... 103
1 0 2 % ,.........

63
62
63
104% 105
101% 102
83 ' 84
110 112
120
112
97
108%
116
116
107%
80
98%
103
104%
112

100
109
117

104
105

111
113% ;116%
121 122
102% ’103
71 I 72
1 0 6 % 'l0 7
114% 114%
103 103%

110 J.......

104

THE CHRONICLE.

iv o l . l i x

NEW YORK STOCK EXCHANGE PRICES (Continued)—MOTIFS BONDS J U L Y 2 0

A N T)

.

FOR YE A R 1894 .

Closing R ange (sales) i n 1894
Closing R ange (sales) i n 1 894.
R a il r o a d a n d M is c e l . B o n d s , Inter*
P rice
R a il r o a d a n d M is c e l . B o n d s
P rice ---------- ------------------- --Period J u ly 20
Lowest.
Highest.
J u l y 20 Lowest.
Highest.
A m er. C o tto n Oil, delb., 8 g .l9 0 0 Q114i2b, 111 Feb. 114% J u n e Mo. P ac. (Con.)—3d, 7 s . . . 1906 M «fe N
Ja
n
.
112
A pr.
A t.T op.& S.F.—1 0 0 -yr.,4g.l989 J &
7312 67 Ja n . 77% J u n e P ac. of Mo.—1st, ex., 4 g.1938 F «& A
Ja n . 100% M ay
2 d 3-4's, g., Cl. “A” ........... 1989 A &
2d e x ten d ed 5 s ___, . _ .1938 J <fe
23i2
23% Ju ly 38% Mar,
Ja
n
.
106%
A
pr.
CoLM idland—Cons., 4 g.1940 F &
21
St.L. <fclr. M t.ls t e x t.,5 s .1897 F «fe A
20 J u ly 32% M ar.
a Feb. 103% M ay
A tl. & P ac.—G u ar., 4 g . . . . 1937
46 b 41% J u n e 53% Apr.
2d, 7 g ..................... _■...... 1897 M «fe N
Ja
n
.
109
A
pr.
W. D. incom e, 6 s...............1910 J &
Cairo Ark. & T exas,7 g.1897 J «fe D
2% Ja n .
6 % M ar.
M ar. 103% M ay
B ro o k ly n E lev .—1 st, 6 g ..l9 2 4 A &
94
G en.R’y <fe la n d g r.,5 g .l9 3 1 A «fe O
90 Ju ly 107 Ja n .
Ja n .
81 Apr;
U nio n E le v a te d .— 6 g ___1937 M <&
85
82 J u n e 99% A pr. Mobile <fc Ohio—New, 6 g. .1927 J «fe D
2 Ja n . 117% M ay
C an ad a S o u th ern .—1 st 5s 1908 J &
109
G eneral m ortgage, 4 s ___1938 M <fe
105% Ja n . 111% J u n e
8
J
a
n
.
63
M ay
2d, 5 s .................................. 1913 M &
106
102 Ja n . 105% A pr. Nash. Ch. & St. X .—1st, 78.1913 J «&
2 J a n . 130 M ay
* C enf.G a.-S.«fcW .lstcon.5s.l929
46
Consol., 5 g .....................1 9 2 8 A «fe O
32 Ja n . 51 A pr.
Ja
n
.
102
Ja
n.
C e n tra l of N. J .—Cons.,7S.1899 Q
11334b 112% J a n . 115% J u n e N at’l S tarch Mfg.—1st, 6 s.1920 M «fe N
Ja n .
94% J u n e
Consol., 7 s ....... .................. 1902 M &
122i2b 121 Feb. 124 Apr. N.Y. C entral—Deb. ex t. 4 s .1905 M «fe N
2
J
an.
104%
A
pr.
G en eral m o rtg ag e, 5 g . ..1 9 8 7 J <fe
1st, coupon, 7 s ..................1903
I I 6 I4 110% Ja n . 11678 J u n e
Ja n . 128% J u n e
L eh.& W .B .,con.,7s,as’d .l9 0 0 Q10834 105 Ja n . 111 M ay D eben., 5s, coup., 1 8 8 4..1904 JM «<fefe JS
Ja n . 110 F eb.
“
m o rtg a g e 5 s.l9 1 2 M &
97 b 100 Feb. 103% Mar.
N. Y. & H arlem , 7s, reg.1900 M «fe N
1 J a n . 120% A pr.
Am . D ock & Im p ., 5 s ___1921 J &
132% 108% J a n . 113 J u n e
R. W. & Ogd., consol., 58.1922 A «fe O
t
J
a n . 117 M ay
C e n tral Pacific.—Gold, 6 s .1898 J <&
102
W est Shore, g uar., 4 s ___2361 J «fe J
102 Ju ly 107% Apr.
2 Ja n . 105% J u n e
Ches. & Ohio.—M ort., 6 g.1911 A
117 b, 115% J a n . 119% M ar. N. Y. Chic. <fc St. L.—4 g . . .1937 A
«
fe
O
!
Ja
n . 100% M ar,
1 st consol., 5 g ................ 1939 M &
101% J a n . 106% A pr. N. Y. E le v ated —7 s ............ 1906 J «fe J
1 J u ly 113 J u n e
G en eral 4 % s,g ..................1992 M <&
72%
70% J u n e 77% A pr. N. Y. Lack. «&W.—1st, 6 s.l9 2 1 J «fe J
3
Ja
n
. 134 J u n e
R . & A .D iv ., l s t c o n .,4 g .l9 8 9 J <&
89%b 84 Ja n .
C onstruction, 5 s .............. 1923 F «fe A
92% M ay
Feb. 113% M ay
“
2 d c o n .,4 g .l9 8 9 J &
78% Ja n . 88 M ar. N.Y. L.E. <feW.—1st, con. ,7g. 1920 M «fe S
2
J
a
n
.
137 A pr.
E liz .L e x .& B ig S a n .-5 g .l9 0 2 M &
97i2b 96 Ja n . 100% Feb.
2 d consol., 6 g . . . . ...........1969
D
M ay 86 M ar.
Chio. B u rl. & Q.—Con., 7 s .1903 J &
120i8b 119 Ja n . 123% Ju n e Long Dock, consol., 6s,g. 1935 JA «fe
«fe
O
A
pr.
129
M ay
D eb en tu re, 5s................... 1913 M &
97 b 97 Febî 102 A pr. N. Y. Ont. <&W.—Ref. 4s, g. 1992 M «fe S
LJa n .
86 M ay
C o n v ertib le 5 s ..................1903 M &
103% 101% J a n . 105 A pr.
Consol., 1st, 5s, g .............1939 J «fe D
J
a
n
.
110%
M ay
D en v er D iv isio n 4 s ......... 1922 F &
94 b, 90% Feb. 94% A pr. N. Y.Sus.«fcW.—ls tre f.,5 s g.1937 J <fc J
J u ly 107% A pr.
N eb rask a E x te n sio n , 4 s .1927 M &
88 %b, 85% Ja n .
M idland of N. J ., 6 s, g ...l 9 1 0 A «fe O
92% A pr.
tA
p
r.
117%
M
ay
H a n .& St. Jo s.-C o n s., 6 s. 1911 M &
119% 115% J a n . 119% Feb. Norf.«fc W.—100-year, 5s, g.1990 J «fe J
s A pr. 74% A pr.
Chic. & E . HI.—1st, s. f .,6 s .1907 J &
Md.«feWash.Div.—1st,5 g.1941 J «fe J
111% J a n . 118 M ay
i
A
pr.
81
A
pr.
Consol., 6 g ........................1934 A &
123 a 118% Ja n . 123 J u n e No. Pacific—1st, coup., 6 g.1921 J <fc J
i J a n . 114% M ar.
G en eral consol., 1 st, 5 s ..1937 M &
98i2a 97 M ay 101% A pr. G eneral, 2d, coup., 6 g . 1933 A «fe O
i J u ly 89% M ar.
Chicago & E rie.—1st., 5 g.1982 M <fc
95 a, 91% Ju n e 100% A pr.
G eneral, 3d, coup., 6 g ..l9 3 7 J «fe D
¡ J u ly 64% A p r.
Incom e, 5 s ........................ 1982 O ct
2712b, 31% Ja n . 35% Apr.
Consol, m ortgage, 5 g ...l 9 8 9 J «fe D
J u ly 34% M ar;
Chic. G as L.«fcC.—1 s t ,5 g .. 1937 J &
87 b, 82 A pr. 89% Ju n e
Col. tr u s t gold n otes, 6 s .1898 M «fe N
Chic. Mil. & St. P .—Con. 7 s .1905 J
126
Chic. & N. P ac., 1st, 5 g .1940
126 Feb. 130% A pr.
«fe O
J u n e 48% A pr.
1 st, So u th w est D iv., 6 s .. 1909
113i2b, 112 Ja n . 116% M ay Seat. L. S. <fcE ., 1st, gu.6.1931 A
&
F <& A
Ja n .
1 st, So. M inn. D iv., 6 s . . . 1910
<& 11412b. 111% Ja n . 117% Ju n e No. Pacific <fe M ont .— 6 g .,1 9 3 8 M
«fe S
J u ly
1 st, C h.«fePac.W .D iv.,5s.l921
<fe
108 12 107 Ja n . 111% J u n e No. P acific Ter. Co.— 6 g ...l9 3 8 J «fe J
Ja
n.
Chic. & Mo. Riv. D iv., 5 s .1926
106i2a. 101% Ja n . 108% Ju n e Ohio & M iss.—Con. s. f., 7S.1898 J <fc J
<fe
Ja n .
W ise. <fc M inn., Div., 5 g.1921
106 b. 104 Ja n . 109 M ay
<fe
Consol., 7 s ......................... 1898 J «fe J
Ja
n.
T erm in al, 5 g ................... 1914
&
106 b. 105 J u ly 109% J u n e Ohio S outhern—1st, 6 g . .. 1921 J «fe D
M ay
Gen. M., 4 g., series A . ..1 9 8 9
A,
G eneral m ortgage, 4 g .. .1921 M «fe N
90 J a n .
92% J u n e
J
u
ly
Mil. & N or.—1st, con., 6 s.l9 1 3
116
<fe
112% J a n . 118 A pr. O m aha & St. L ouis—4 g . . .1937 J <fc J
Feb.
Chic. & N . W.—Consol., 7S.1915 Q - F 141
138 J a n . 141 M ar. Oregon Im p r. Co.—1st, 6 g.1910
<fc D
Coupon, gold, 7 s ............-.1902 J &
Consol., 5 g ........................ 1939 A «fe O
121 Ju ly 127 M ay
S in k in g fu n d , 6 s ...............1929 A &
116 Ja n . 121 Apr.- Ore. R.«fe Nav.Co.—1st, 6 g.1909 J «fe J
S in k in g fu n d , 5 s ...............1929 A &
11114
Consol., 5 g ......... .............. 1925 J «fe D
107% M ay 112 M ar.
S in k in g fu n d , deben., 5 s .1933 M &
106% Ja n . 112% A pr. P enn. Co.—4% g., co u p o n .1921 J «fe J
25 -y ear deb en tu re, 5 s ... 1909 M &
105i2b.
104 Ja n . 109 A pr. Peo. Dec. & E v an sv . —6 g.1920 J «fe J
E x te n sio n , 4 s ................... 1926 F &
E v an sv . D ivision, 6 g . . . 1920 M «fe S
97 Ja n . 100 A pr.
Chic. Peo. & St. Louis—5 g.1928 M&
2d m ortgage, 5 g...............1926
N|
C hic.R .I.& Pac.—6 s., coup. 1917 J &
125i2b. 123 Ja n . 129 Apr. Phila. <fc R e ad .—Gen., 4 g.1958 M«fe
E x te n sio n an d col., 5 s... 1934 J &
101% 97% J a n . 104 Apr. 1 st p ref. incom e, 5 g....... 1958 J «fe J
30-year d eb en tu re, 5 s . . . 1921 M &
91%
2d pref. incom e, 5 g ....... 1958
90% Ju n e 95 Feb.
Chio. St. P . M. & O.—6 s ....1930 J <& D 127 a. 119% J a n . 127% M ay
3d pref. incom e, 5 g ....... 1958
C leveland & C anton.—5 s .. 1917 J &
,75 a. 70 M ar. . 84 Ja n . P ittsb u rg <fcW estern—4 g.1917
C. C. C. & I.—Consol., 7 g.1914 J & D
Rich. «feDanv.—Con., 6 g ..l9 1 5
G en eral consol., 6 g ........1934 J &
Consol, 5 g ..................1 ...1 9 3 6
117 J a n . 120 Mar,
C-C.C.&St.L.—P eo.& E .,4s.l940 A &
74
72 Ja n .
84% Apr. Rich.«feW.P.Ter.-Trust, 6 g .l8 9 7
Incom e, 4 s ....................... .1990 April,
14 b. 15 Ja n .
Con. 1 st <fe col. t r u s t, 5 g.1 9 1 4
20 Apr.
Col. Coal & Iro n .— 6 g ....... 1900 F «fe '
95 Ja n . 100 M ay Rio Gr. W estern—1st, 4 g.1939
CoLH.Y al.& Tol.—Con. ,5 g.1931 M&
84 b 8 1 78 M ay 91 Feb. St. Jo . & Gr. Isla n d — 6 g .,1 9 2 5
G eneral, 6 g . . . ..................1904 J & D
86 J u n e 92% Feb. St. L. <fe San F r .— 6 g., C1.B.1906
D e n v e r & R io Gr.—1st, 7 g.1900 M<& N, 1 1 2 %b, 113 M ay 113% M ay
6
C lass C . . . , .................1906
1 s t consol., 4 g................. 1936 J <&
72
G eneral m ortgage, 6 g ..l9 3 1
71% Ju n e 79 A pr.
D et. B. C ity & A lp en a — 6 g.1913 J &
50 Ja n .
50 Ja n . St. L. So. W est.—1st, 4s, g.1989
D et. Mac. & M.—L d.grants.1911 A & O 23
2d, 4s, g., in co m e ............ 1989
23 Ja n .
27% Apr.
D ul. So. Sh. & A tl.—5 g .. .1937 J
95
93 Feb. 102 A pr. St.P.M.&M.—D ak.E x., 6 g.1 9 1 0
J5. Term. V. & Ga.—Con., 5 g .l9 5 6 M«fc N 98
1 st consol., 6 g ..................1933
86 % Ja n . 101% Apr.
K n o x v ille & Ohio, 6 g ___1925 J &
108 : 96 Ja n . 110 Ju n e
“
reduced to 4% g ..
F t. W. & D en v .C ity .— 6 g ..l9 2 1 J & D 68%
M ontana E x te n sio n , 4 g.1937
66 J a n
79 % A pr.
G al.H .& S anA n.-M .& P ,D .lst, 5 g M & N 91 b 90 M ay 92% Apr. San Ant.«fe A .P.—1 st,4 g.,gu.,’43
G en. E le ctric, deb. 5s, g . . .1922 J & D 86 %b, 68 Ja n .
89 M ay S outh C arolina—1st, 6 g .............
H o u s. & T. C ent., gen. 4s, g . 1921 A & O 62 b 60 J a n , 66 Mar. So. Pacific, A riz .— 6 g .. 1909-10
Illin o is C en tral.—4 g .........1952 A & O 10 1 %b 100 Feb. 10 2 % J u n e So. Pacific, Cal .— 6 g ___1905-12
I n t . & G reat N or.—1 st, 6 g.1919 M & N 109%b 110 Ja n . 1 1 6 1 Apr.
1 st consol., gold, 5 g ....... 1938
2 d 4-5 s..........................7 .1 9 0 9 M & S
60 Ju n e 68 % A pr. So. Pacific, N. M .— 6 g ....... 1911
Io w a C en tral.—1 st, 5 g
1938 J & D 90 b, 86 Ja n . 95 A pr. Tenn.C. I. <feRy.—T e n .D .,lst ,6 g
K in g s Co. E lev .—1 st, 5 g ..l9 2 5 J & J
79 %a. 79 Ja n . 85 A pr.
B irm ingham D iv., 6 g ..,1 9 1 7
L acled e G as.—1 st., 5 g
1919 Q - F
87 b 81 Ja n .
89 A pr. T exas <fe Pacific—1st, 5 g ..2 0 0 0
L a k e E rie <fc W est.—5 g__ 1937 J & J 113
110% Ja n . 115% A pr.
2d, incom e, 5 g ................. 2000
. L .S h o r e —C on.cp., 1 s t ,7 s .1900 J & J
118 J a n . 121% M ay Tol. A nn Ar. <fc N. M .— 6 g.1924
Consol, coup., 2 d, 7s....... 1903 J & D 122%b 122 J a n . -125% M ay Toledo & Ohio Cent.—5 g. 1935
L o n g Islan d .—1 st con., 5 g.1931 Q - J
13 Ja n . 116 M ay Toledo Peo. & W est.—4 g.1917
G en eral m o rtg a g e ,4 g .. 1938 J & D
93% Feb. 99 % M ay Tol. St. L. <fc K an. C .— 6 g. .1916
L o u is. & N ash. Cons., 7 s .1898 A & O 1 1 1 b 109% Apr. 113% M ar. Union Pacific — 6 g ...............1899
N. O. & M obile, 1 st, 6 g ..l9 3 0 J & J 114 b 112% J a n . 117% J u n e
E x t. sin k in g fund, 8 ........1899
“
“
2d, 6 g . . 1930 J & J 100 a 97 Ja n . 104 Apr.
C ollateral tru s t, 4% ........1918
G en eral, 6 g ................ .1930 J & D 112%b 109% J a n . 116 M ar.
Gold 6 s, col. t r u s t n o tes. 1894
U nified, 4 g .................. .1940 J & J
70 %b 72% Ja n .
K an. P ac.-D en. D iv .,6 g.1899
77% A pr.
N ash. FI. & S h .-l st,g td ., 5 g .’37 F & A
76 Feb. 90 Feb.
1 st consol., 6 g . .............1919
K en tu c k y C entral.—4 g.1987 J & J
82 Ja n .
O regon S h o rt Line — 6 g ..l9 2 2
85 M ay
L ouis. N. A. & Ch.—ls t.,6 s .l9 1 0 J <& J 108 b. 108 Ja n . 113% Mar.
Or.S.L.«feUt’hN.—Con.5g.1919
C onsol., 6 g . . . . . ................1916 A «fe O 91 b. 83 J u n e 100 M ar;
U.P.Den.«feGulf,con., 5 g.1939
L ouis. St. L. & T ex as .— 6 g .1 9 1 7 F <& A 55 b. 55 J u ly 61 A pr. U. S. Cord.—1 st col., 6 g ..l 9 2 4
M etro. E le v ated .—1 st, 6 g.1908 J «fe J 118% 116 J a n . 121% J u n e V irginia Mid.—Gen.M., 5s. 1936
2d , 6 s ................................... 1899 M«fc N 108 %b. 107 Ja n . 111 A pr.
“
stam p ed g u a r..
M ich. C ent.—1 st, cons., 7 s .1902 M «fe N 12 0 %b. 119% M ay 124% M ar. W abash—1st, 5 g ................. 1939
Consol., 5 s ..................
1902 M «fe N 106 b. 106 M ar. 107 M ay
2d m ortgage, 5 g...............1939
Jtfil. LakeSh.& W .—1 st, 6 g.1921 M «fe N 125 b. 124 Ja n . 130 A pr.
D ebent. M., series B ....... 1939
2 8 78 A p r. ,
E x te rn & Im p ., 5 g ......,1 9 2 9 F <& A 109 %b. 105% Feb. 110% J u ly West. N. Y. <fePa.—1st, 5 g.1937
1 0 1 % M ay
M o. K. & E .—1 st 5s, g., gu.1942 A «fe O
76% J u n e 83% Mar.
2d m o rtg a g e .......................1927
22 Ja n .
M. K . & T exas.—1 st, 4s, g.1990
<& D 79%
78 Ja n .
83% Apr. W est. Un. Tel.—Col. tr ., 5s. 1938
109 J u n e
2d, 4s, g .............................. 1990 F «fe A 4 2 78a. 38 Ju n e 48% Apr. Wise. Cent. Co.—1st, 5 g .,1 9 3 7
76% M ar
Mo. P ac.—1 st, con., 6 g ___1920 M «fe N
87 Ja n . 101% Apr.
Incom e, 5 g ....................... 1937
18 F eb.
N o t e .—“b ” in d icates price bid ; “ a ” price asked ; th e ra n g e is m ad e u p fro m a c tu a l sales only. * L a te st p rice th is w eek. t T ru s t receip ts.

‘EW YORK STOCK EXCHANGE PRICES—ST A T E BONDS J U L Y 20.
SEC U R ITIE S.

B id.

Ask.

A lab am a—Class A, 4 to 5 .. ...1 9 0 6
G lass B, 5 s ......... .............. ...1 9 0 6
Glass C, 4 s .......................... ...1 9 0 6
C u rren cy fu n d in g 4 s ....... ...1 9 2 0
A rk an sas—6s, f und,H ol. 1899-1900
do. N on-H olford
7s, A rk an sas C e n tral RR
L o u isian a—7 s, co n s.............. . *914
S tam p ed 4 s ................. . . .
New eonols. 4 s.................. Í0Í4J

$»Ct

99
103
92
93%
3
150

104
107




1
110
100

95

100
100
10
12

96%

SEC U R ITIE S.

B id.

A sk

W ssouri—F u n d .............. 1894-1895 100
3D
1900 10
1892-1898 15
C hatham R R ..............
2%
5
5
Special ta x , C lass I . .
2%
C onsolidated 4 s .........
1910 98
6 s ............................
1919 124% 127
6 s. c o u .. 1893-1894...

100

SEC U R ITIE S.

Bid.

A sk 4

S outh C arolina—4%s, 20-40.. 1933 100 10 0 %
6 s, non-fu n d ......................
1888
1%
2%
T e n n e s s e e - 6 s, o ld ......... 1892-1898
60
6 s, n ew b o n d s ......... 1892-8-1900
60
do
new se rie s................1914 60
Com prom ise, 3-4-5-6s..........1912 70 __ „
3 s ....... ......................
19 13
78
79
V irginia fu n d ed d eb t, 2 - 3 S ...1 9 9 1 58%
6 s, d eferred b o n d s.........................
6%
7%
6 s. d eferred t ’s t reo’ts , stam n ed .
6 % 7%

J

uly

CHE CHRONICLE.

21, loa-M

105

GENERAL QUOTATIONS OF STOCKS AND BONDS.
Quotations in N ew Y ork re p re se n t th e p e r ce n t value, w h a te v e r th e p a r m ay h e ; o th e r q u o tatio n s are freq u e n tly m ade p e r share.
The follow ing abbreviations a re o ften used, viz.: “ M.” fo r m ortgage; “ g.” fo r gold; “ g ’d ,” fo r g u a ra n te e d ; “ e n d .,” fo r e n d o rsed ; “ oons
fo r co n so lid ated ; “ conv.” fo r c o n v e rtib le ; “ s. f f o r sinking s a n d ; “ 1. g.,” fo r la n d g ra n t.
Q uotations in New Y ork a re to T h u rs d a y ; fro m o th e r cities, to la te m ail d ates.
¡ S u b s c r ib e r s w i l l c o n f e r a f a v o r b y g i v i n g n o t i c e o f a n y e r r o r d i s c o v e r e d i n t h e s e Q u o t a t i o n s .
Un it e d

B onds .

Bid.

Ask.

C i t t S e c u r i t ie s .
B id. Ask.
Ci t y S e c u r i t ie s .
B id. Ask.
D uluth, M inn.—4s, 1 9 2 1
P hiladelphia, P a .—6 s, 1901__ J& J 116*2
96
E a s t L ’pool, O., School 5s v ario u s.
P ittsb u rg , P a .—5s, 191 3 ...........J& J 116
118*8 118*2 E lizabeth, N. J . —New 4s,1922. J& J
7s, 1912........................................Var 135.
119% 119% E vansville, In d ., eom prom . 4s, 1912
4s, 1 9 1 5 ...........
J& D 108
114 114*2 E v e re tt, M ass.—4s, 19 2 4 ..................
6 s, Consol., 1904 reg .............. J& J 115
114 114*2 F a ll R iver, M ass., 5s, 1 8 9 8 ............
Portland,M e.—6 s, RR. Ald,1907M&S § 121*2 123
10 1
F itchburg,M ass.—6s.’0 5 ,W .L ..J& J _
4s, fu n d ed , 1902-1912.........J& J § 101*2 102
104
F la t’a d Co., M ont, 20 y r 6s ...1 9 1 4 §.
4s, 1 9 1 3 ....................................M&S $102*2 103
107
G alveston, T ex.—5s, 1 9 2 0 .....J & D
96
P o rtla n d , Ore.—Gold 6s,1920.M&N $124% 127
109
5s, 1914-1934............ .............. . §.
5 3 ,1 9 2 3 .............................................
112*2
112
Gogebic Co., Miah., 6s. 19 0 9 ...........§
P o rtsm o u th . N .H .—6 s, ’97, R R . J& J
106%
G r’n d R apids, M ich.—5s. 1904. J& J §106
P rovidence, R .I.—5s, g .,1 9 0 0 .. .J& J
108
G reenburgh, N. Y., R oad 4s, 1914
5s, gold, 1 9 0 6 ...........................J& J
116
H arrim an . T enn., 6s, 1923
4s, gold, 1924............................
112
100
H arrisb,, P a .—W ater 6s, 1903. .J& J
6 s, gold, 1900, w a te r l o a n ..J & J
114*2
100
H artfo rd , Conn.—6 8 ,1 8 9 7 ....... J& J
4*28,1899................................J& D
105*2
100
Towns, 3s, 1909 . . . ...................... .
4s, 1911..........................
J& J
108
100
H averhill, Mass.—4s, 1 9 0 2 ...A&O
4s, gold, 1923...................................
112
102
4s, 1922..................................A & O
43, gold, 1 9 2 1 .................. .............
111
H en n ep in Co., M inn., 4*28,1924...
3*28, gold, 1 9 1 6 ....................... M&S
102
108*4 Hoboken, N. J —Im p, 6s, 1898. J& D
Pueblo, Col., 6 s, 190 6 ...............,J&D §•
113
do
5s, 1901........ M&N
....... 108*8
Q uincy 111.—6s, 1 8 9 8 ................J& J
98
.... H ouston, T ex .—6s, 1918
R ahw ay, N. J . —New ad ju stin ’t, 4s.
6s, 1 9 1 2 .........................
W ater 4 s ..........
.....
Com prom ise 5s, 1918
R am sey C ounty, M inn., 4*28,1918.
Indianapolis, In d .—“ D” 7 ’3,’9 9 . J& J
Richm ond, Va.—6 s, 1904-1910J& J
6«, 1 8 9 7 .........................
J& J
8s, 1904-1910............................ J& J
.........
R efunding 4s, 1924
104
5s, 1921 & 1922........................J& J
5117*2 118*2 Je rs e y C ity 5s, 1923
4 8 .1 9 2 0 ..............................................
108
A ssessm ent 5s, gold, 1 9 2 4 ..
ioT* R ich nond Co., N. Y., fund. 43, ’14
§112
7s, 1 9 0 5 ..................................... V ar
R ocùester, N. Y.—7s, W ater,1 9 0 3 ..
120
W ater 7s, 1904......................... J& J
4s, 1912....................
F&A
§ 121*2 12 2 *s
Ref unding w a te r 5s, 1916
107
Salem , Oregon, 5 s.............^...... 1912
109
W ater assess.,5s, 1916..........A&O
107*2 St. Jo sep h , Mo.—6 s, 1 9 0 3 ........F&A
§102*2
W ater 5s, 1923.
Comp’m ise 4s, 1901 ........... ...F & A
100
H udson C ounty 5s, 190 5 ___ M&8
§118*2
St. L ouis, Mo.—6 s, gold, 1 8 9 9 ...
§106*2
Kaw T ow nship, Mo., 7 s, 1903
116
5s, 1900.........................................
§102*2
K noxville, T enn., 5s, 1910 . . ..J & J
4s. 1 9 0 5 .... . . . . I . . . . . . . . . . . . . .
§ 98*2
L aw rence,M ass.—6s, 1900 ...A & O
4s, 1912 ............................. ........
§ 101*2
L ong Isl. C ity, N. Y.—4*ss, 1912-13 ,
I 3*658, 1907.............................. .
§lu4*a
Im provem ent 4*23,1899............. § ......
St. L. C o —6s,1905..................A&O
§105*2 107
Im pro v em en t 4*2', 1914............... S.
4s, 1918
Louisville, K y.—7s, i 9 0 3 ........... V ar
8t. P au l, M inn.—4*28,1916.
6s, 1897.........................................V ar
4*28, 1918..........................
105*2
20-408, 5s, 192 0 ...................... M&N
5s, 1 9 1 5 . . . . . . . . ......... . . . i
4s, 1 9 2 3 ....................................J& J
6 s, 1904...............................
Low ell 4s. 1 9 2 0 .................
A&O
7s, 1898..............................
L ynn, M ass.—
8s, 18 9 7 ............................................. §...........
Ah 1Q9Q
6s, 1 8 1 6 . . . . . . . . . . . . . . . . . . . . . . J & J
4*28, 191 T ............................ . .......... §..........
W ater 3*28, 1917.................... a &O
5s, 1905......................
M&N
S alt L. City, U .—5s, 1912-1902.J & J §.........
3 s ............................................ A&O
48, 1904 .....................................J& J
5s, School Diet., 18 1 3 ................... § ..........
R eg istered 3*1)8,1919
48, 1914..................................... M&S
20 yr. 5s, 1914........................M&N § .........
R eg istered 3%8, 1937
4s, 1 9 0 3 ..................................... M&S
San A ntonio, T ex.—6s, 1909-19J & J i 102*2
B rain erd , M inn.,soh’l dis’t 6 s 1904
3 * 2 8 ,1 9 1 6 ............................... M&N
58, 1920......... ..................... ........... I 99
B’kiy n ,N .Y .—B’ge7s, 1915 2 4 .J& J
M acon G a.—6s, 1 9 0 9 ........... .
S a u ta C ru z ,C a l.,re f. 5s a v . 20*2 y rs. § ......... 101
J& J
P a r k 6 s, 1924..............
M alden, M ass., 4s, 1 9 4 4 .....___ ...
S. Rosa, Cal., w a t .4 s a v . 20 *2 y r s ...
87*4
B rid g e 5s, 1919........................ J& J
4s, 192 4 ......................... ............... .
S av an n ah —F 'd 5s, cons.1909 .Q—F ' 10 d 106*2
B rid g e 4 s, 192 6 .........................J& J
M anchester, N. H .—6s, 1902. .J& J .
Sioux C ity, Io w a—4*28,1899........... §100
W ater 3s. 1905......................... J& J
4s, 1 9 1 1 .............. ...............................
School d istrict 4 *2S, 1894-1904..
P u b lic M ark et 4s, 1920
4s. 191 4 ..............................................
Som erville, M ass., 4s, 1 9 1 4 ............
P u b lic M ark et 4s, 1921
Meri lian , Miss., 6s, 1924
S pringfield, M ass.—6 s, 1 905.. A&O
P u b lic M ark et 4s, 1922
M ethuen, Mass., 4s, 1 9 2 4 ......... .
78,1903, w a te r l o a n ........... A&O
1925
M iddletow n, Conn.—3 -6 5 ,1 9 1 5 ___
Superior, Wis., 6s. 1902
3 0 th w ard , St. im p. 5s, 1895-97..
M inneapolis, M inn.—7s, 1901.J& J
117
Tacom a, Wash., 20 yr. 5s, 1913. .
3 0 th w ard, St. im p. 5s, av . 35y’rs
107
4*28,1912-15.....................................
Toledo, O.—/-oOs, R R ..1 9 0 0 .M & N
3 1 st w a rd local imp. 5s, 193 3 ___
105
4*28, 1913......................................
6 s, 1899 ...............
....V a r
Buffalo, N.Y.—17 s, 1924-5......... J& J
48, 1 9 1 5 . . . . . . . . . . . . . . . . . . . . . . . . . . .
100*2
5s, 1913 (c a lla fte r O c t.’9 3 ).A&O,
R efu n d in g 3 *2t i 1914___ ....J & J
4s, h o sp ital, 1922.................... J& J
4s, 1 9 1 3 .........
......V a r .
100*2
R efu n d in g 3 *28,1 8 9 5 -1 9 1 4 .___
4s, 1 9 2 2 .............................................
G eneral funding 5s, 1911
100*2
B u tte, M ont.—6 s, 1902-1912..J& J
Milwaukee,W is.—W ater 7s,’02. J& J
115
Touaw auda, N, Y.—W ater 5s, 1914
Cam bridge,M ass.-W ater6s,’9 6 . J& J
105*» 5s, 1 9 1 2 ...........................
T renton. N. J . —4s, 1 9 1 1 .......J& J $ 99
C ity 6 s, 190 4 .............................J& J
120*2
5s, av erag in g 10 y ears
L IO " W aterbucy, C >nn„ 4s, 1 9 1 9 .........
4s, 19 2 4................................... .
102
W ater 4s, 1906-7........
J& J
W’m jb ’g e.N . Y .,h ig h w ay 6s,’09 44
108*2
W ater 3* 2 8 ,1 9 1 1 ...................... Var
N ashville, Tenn.—5 s, 1900
100
Woonsocket, R. I., 4s, gold, 1924
C am den, N. J . —7s, 1 9 0 3 ...........J& J
i b o " W orcester, M ass.—5s, 1 9 0 5 ... A&O
Sewer 4*28,1923
C harlesto n , 8 .C.—ConvC7s,’9 7 . A&O
6s, 1895......... .
104"
A&O
4s, 1905...........................
Conv. 4s, 1 9 0 9 .........................J& J
6s, 1899..............
3*28,1905.................................. J&D
87*2
C hicago, 111.—7s, 1899
6s, 1 9 0 3 ..« ........
113
Y onkers, N.Y.—Is, 1920................
7s, 1 8 9 5 ..................... .
4s, 1 9 o l . „ .......................... .
103*4 NewarK—48,1908 ......................A&O § 99
4*28,1900.................. .
4*28, 1918.......................................... §105
4s, 1900..........................................
4s, 1 9 1 1 .......... .........
5s, 1909.............................................. §108
4s, 1899................ .........................
4s, W orld’s F a ir, 1921........... J& J
6s, 1 9 1 0 .................................. Var §119
4s, 139 8 ..........................................
Cook Co. 4*28,1900
7s, A queduct, 1905 ................. V ar §123
4s, 1 8 1 6 ........................................
W est Chicago 5s, 1899
N ew port, K y., 5s, 1 9 1 4 ....................§ , .. .
Y oungstow n, O., w a te r 5s, ’95-04. |§ . . . .
L in co ln P a r k 7s, 1895.
10b
New B edford,M ass.—6 s,1909. a &O §127
R A IL R O A D R O N D ».
S a n ita ry Diet. 5s, 1912
>108
5s, 19 0 3 ............................................. §110
(B onds o f com panies consol’ted are'
4s, 1914...........................
5s, 1904..................................... . . . . §111
often u n d e r the consolidated name.)
W ater 4s, 1914...............
3*2S, 1 9 1 0 .............................A & O § 98*2
Ala.G t. S outhern—1 st,6s,1908J& J «110
C incinnati, O .—7 ‘308 ,1 9 0 2 ...J & J §1223g
N. B runsw ick, N .J.—7s, w ater, 1904 116
D ebenture 6 s, gold, 1 9 0 6 .. .F&A « y 6
V ar §129*2
7s, 1908........
6s,1898...............
.V a r 104
G en’l m ort. 5s, 1927............. J& D e S6
6 s, gold, 19 0 6......................... M&N §118*4
6s, 190 6 ............................................. 109*2
Ala. M idland—1st, gua. 6 s, 1928
4s, 1905........
V ar §100%
New London, Cona., 4s, 19 2 4 ......... § ............|106*s Ala. N. O. T. &c. 1 st deb. 6 s, 1907.
4s, 30-50s, sink, fu n d , 1931. J& J y lOl%
New O rleans, L a. P re m iu m ö s . . . 1651
2d d ebent. 6 s, 1 9 0 7 ...'........... J&D
5s. 30-508, siuk. fu n d , 1930. vi&N §110
Cons. 6s, 1923,ex t. C rossm an. J& J 100«
A la.& V iek 8b .—Cons. 5s, 1921.A&O .........
C leveland, O.—7s, S ept., 1896. M&S §106*2
4s, 1942...................................................J& J 99*
Vieksb.&Mer. —1st, 6 s, 1921.A & 0 .........
6 s, 1 9 0 0 ....................................M&S §L13*«
N.Y. C ity—7s, 1900 .............. ...M & N §119
2d, consol. 5 s ....... ................... ...................
5s, 1896............................................. § lo 2 %
6s, 1 9 0 0 ................................... M&N § . . . . 113
Alb’y& S usq.—Cons. 7s, 1906, guar. 131
5s, 19 0 7........
J& D §115*2
6s, gold, 1 9 0 1 ............................J& J §117
Consol, m o rt.,6 s,1906, guar.A&O 120
F u n d ed d e b t 4s, A pril, 1902. J& J §103
Allegh. Val.—Gen. M „ 7 3 -1 0 s. J& J 10433
6s, 1896.............. ............................ § ............104
4s, 1904................... ........................
5s, 1908.....................................M&N §117
1st m ort., 7s, 1 9 1 0 ................ A&O 123
Colum bus, G a.—7 s .................... .V ar
5s. gold, 189 6 .................................. M&N .......
A llentow n T e rm .-lsts ,4 s, L9 I 9 .J& J §*. . . .
5s
3*28,1913...........................................§102
A tch.T .& S . Fe—n ew 4 s, 1989,J& J
743» 7478
C olum bus, 6 . 4 *28,1 9 0 2 .........J& J
3s, school, 1 9 0 8 .............................] § .....
2d, 2 *2- 4 s, Class A, 1 9 8 9 ....A& O 2 4 78 25*8
C ovington. K y.—4 s,1 9 2 7 ,n e w .J& J
99
3 8 ,1 9 0 7 .................................... A&O § 98 100
2d, 4s, gold, Class B, 19 8 9 ..A&O ___
5s, 1920..................................... F&A
U n iv ersity 1 st M. 4s, 1 9 2 0 ___. . . §........ 100
G u aran tee fu n d n o te s....... ........... ....
8s, 1 8 9 9 ............................... - ..J & J
Ï2 0
Norwich. Oc.—5s, 1907..............A&O §113*2 114.
kti. & C hari.—1st pf. 7s, 1897.A&U 100
D allas, T ex.—5 s,S t. Im p’m ’t, 1928.
O gden, U tah, 5s, 1913....................... § .......... 103*8
1st, 7s, 1907....... ...
116*4 116%
5s, w a te r, 1920....... ........................
incom e, 6s, 1900
A&O 9d 100
O m aha, N eb.—P a v in g 5s, i 9 0 5 ___§105*4
D a n ’p o rt, la ., sew er 6 s, 1901, J& J
105*2 5 8 ,1 9 1 2 .............................................. §____ l ï i
A tlantic Ave. RR. (B’lyn)—Im p. 5s,
D enver.C ol.—Puo. lin. 4 s, 1904. M&S
5s, 1 8 9 6 ............ ............... ............. § ..„., 101
g, 1934........
..J & J . . . .
Sew er 6 s', 1901 ......................M&S
101
5s, 1 8 9 7 ..............................................§____ 1013a A tlan tic City—1 s t,5s,g., L919.M&N . . . .
Im p ro v em en t 4s, 190 8 .......... J & J
100
5s, 1898............................................... §____ 10150 Allan. & D an.—l s t g . 6s, 1917.A& 0 ___
D erby, Conn., 20 y’rs is, 1914.J & J § ....... 102*2 4*28,1910 .........
J & J § ___
A tlantic & P ao.—1st 4s, 1 9 3 7 ..J& J
46*4 4738
D etro it, M ich.—7 s, A ug.,1894.F& A §100 101
School 5s, 191 2 ............................... . § .... 109*4
2d W.D., guar.,g, s.f.6s.l907.M & ;
6 s, W .L ., 1 9 0 6 ......................... J& D I24*s 125*2 P aterso n ,N . J . —7s, 1900 .................. |§112
W. D. incom es, 1910.......... A & o
2*2 ’ ’3*2
4s, 1922 ....*
108 109
6s, 1901..............................................J§109
O ent.D iv.—Inc.,6s,noa-ou., 1922
4s, gold, 1923
103
§109 110
4s, 1908..............................................§100
L and gr. incom es, cum ., 1901..
3*28,1911.......................
J& D § 99*2 101
P etersb u rg , Va.—6s, lo n g ........ J& J 106
la ltim o re & Ooio —i s , 1935. ..A& O 1*2*4
4«. IOIQ
4
p u lu th , M inn.—4s. 1 9 2 0 ...: .. .J& J § ........ I. . . . . . P hiladelphia. P a .—6*. isu h
r&.fl 1- :-i
ebiiw. 5
f Brice nom inal.
§ P u rc h aser also p a y s accrued in terest.
e ln London.
H co u p o n s on s i n o 1869.
I Subject to call.
st a tes

U N IT E D S T A T E S B O N D S.
2 s, op tio n U. 8 ., re g ................Q—M
5s, 1904..........................re g ...< £ —F
5s, 1904........................e o u p ...Q —F
4s, 1907............................ r e g ...Q —J
4s, 1 9 0 7 .......................c o u p .. .Q —J
6 >, C urrency, 18 95....... r e g ___J& J
6 s, C urrency, 1 8 9 6 ..„ ..r e g ....J & J
6 s, C u rren cy , 1 8 9 7 ...'..r e g ___J& J
6 s, C u rren cy , 18 98....... re g ___J& J
6 t, C urrency, 1 8 9 9 .. . . . r e g ___J& J
S T A T E S E C U R IT IE S .
( See preceding page.)
C IT Y S E C U R IT IE S .
Albany, N.Y. 4s,1320 to ’30. M&N§
Allegheny, P a.—5s, op., '95-97. F ar.
4 *2S, coup., 1 9 0 0 ...........
Var.
| Allegheny Co.,5s, cp., 1913.J& J
4s. C ourt H ouse, 1908, re g ..J & J
A ltoona, P a . —8.D . 4s, 1 9 0 4 -2 4 ...
A sb u ry P ’k , N .J.,sch’l 58.1910-42.
W ater 5s, 1924 ......................J& D
A sheville,N . C.. 5s, gold, 1 9 1 1 .J& J
A tlan ta, Ga.—W ater 7s, 1 9 0 4 ..J& J
6 s, 1 8 9 5 -6 ..................................J& J
5s, 1914-15............................... J& J
4*28, 1916............................ ....J & J
A uburn, N. Y.—4s, 19 2 3 ..... ............
A ugusta, Me.—6 s, 1905, F und .J& J
A ugusta, Ga.—6s, 1 9 0 5 .............J& J
B altim ore—Ss, 1900.................. Q—J
6s, W est. Md. R R ., 1 9 0 2 .... J& J
5s, 1 9 1 6 ........................
M&N
4s, 1 9 2 0 .....................................Q—J
.J& J
3*28, 1 9 2 8 ...............
Bangor, Me.—W ater, 6s, 1905. J& J
B a th , Me.—6 s, 19 02....................Y ar
5s, 1897...................................... J& J
4s, 1 9 2 1 ....................................J& J
B ayonne, N. J .—5s, 1895.............. .
5s, 1911.............................................
B elfast, Me.—6 s, ra ilro a d a id ,’9 8 ..
B irm ingham , Ala.—5 g., 1920.A&O
B oston, Mass.—W ater 6s,1906 .Y ar
6 s, 1 9 0 3 ...
5s, &, 1902
W ater 5s, gold, 1 9 0 6 ...............Y ar
W ater 4s, 1 9 1 7 ......................... V ar




106

THE CHRONICLE.

[ V o l . L IX ,

GENERAL

QUOTATIONS OF STOCKS AND BONDS — C o n t in u e d .
For E x p la n a tio n s See Notes at Mead o f F irst Paste o f Q uotation*.

R ailroad B onds .

B id. Ask.

R a ilro a d B onds .

Bid. Ask.

R a il r o a d B on d s .

Bid. Ask.

B alt. & O.—5b, gold, 1925.......F&A 112*s..... C.B.&Q.—D env.D iv.,4s,1922.F & A
Clev. Cin. Chic. & St. L .-fC o n t.J
Consol, gold 5s, 1 9 8 8 ... ....F & A
116
4s, p lain bonds, 1921............ M&S
Peo. & E a st. eons. 4s, 1940...........
75
Schuylkill Riv. E a st Side 5s, 1935
Neb. E x t., 4s, 1 9 2 7 .............. M&N
Incom e 4s, 1990 ..........................
18
102% Clev. Col. C. & I .—1 st 7s, ’99.M&N 114
S terling, 6 s, 1 8 9 5 ................. M&S
P lain , 7s, 1896.........................J& J
S te rlin g , 6 s ,g ., 1 9 0 2 ..... ...M & S
Bonds, 5s, 189 5 .......................J& D
1C0% Consol, m o rt., 7s, 1 9 1 4 .........J&D 129
S terling, 6 s, g., 1 9 1 0 . ......M & N
Gen. oon. 6 s, 193 4 ................... J& J 124 . . . . . c
104
C onvert, deb. 5s, 190 3 ......... M&S
S terling, 5s, 1 9 2 7.................... J&D
115%
B elief. & In d . M „ 7s, 1 8 9 9 ...J & J
B ur.& M o.(N eb.),lst,6s,1918.J& J
106
S terlin g , 4*ss, 1 9 3 3 . . . . . . . . . A& 0
Cons, 6 s, non-ex., 1918___J& J
Cleve. & M ah.V al.—G. 5s, 1938J& J .......UK .
E q o .T r.ser.B ,1 8 9 1 to 1900 -M&N
94 ** Ole. & P itts .—Con.s.f.,7s,1900M &N 116*3
4s, (N eb.), 1 9 1 0 ....................J& J
M on.Riv.—1 s t gu.g.5s, 1919.F&A
103
Gen. gu. 4*28, g., “ A,” 1 9 4 2 .J& J
Neb. R R , 1st, 7s, 1896.......A&O
Gen. O.-Cons. lat,4*28, 1930. M&S 104
Do Series B, 1942 .................. A&O . . . . . . — •«
107
Om. & S. W., 1 st, 8 s, 1896.J& D
A k.& Ch.Jun. lst,g.,5s,1930.M & N
77^
O tt. Osw. & F o x R ., 8 s, 1900. J& J
119*a Colorado Mid.—1st, 6 s, 1 9 3 6 ..J& D
B alt. & O. S. W .RR.4*ss, 1990.. J& J
123
Consol, g o ld ,4 s........................1940 21
A toh’n & Neb.—1 st, 78,1908 M&S
Cin. & B alt. 7s, 1 9 0 0 ......
R epnb. V al., 1 st, 6 s, 1 9 1 9 ...J& J
Colum bia & G r.—1st, 6 s, 1916. J& J 100
99% Chi. & E a st. 111.—1 st m o rt. 68.1907
i*16*s
By. ls tc o n s . 4*«s, g .,1 9 9 3 ...J & J
2d m o rt., 6 s. 1923.................. A&O 39
123
1 s t Inc. 5s, g., A . . . . . . . . . . . . . 2043
80
84
1 s t,con., 6 s, gold, 1934 . . . . A&O
Col.& O.Mid.—1st, 4*28,1939..J& J
1 st Inc. 5s. g., B . . . ________ 2043
99
Colum. Hook.V. & T .—Con.5s,1931
85
Gen. con., 1 st, 5s, 19 3 7 ....... M&N
B a lt & P e t —1 st, 6 8 ,g .,1 9 1 1 ..A & 0
97
C h .& I.C o a lR ’y ,l s t 5 s ,1 9 3 6 „ J&.1 95
Gen. 6 s gold, 1904..................J& D --rmmmm 85*3*
1 s t, tu n n e l, 6 s. g., g ’d, 1911. J& J
Col. &Hoek. V.—lstM .,7 s,’97.A& 0 §105
Chic. E l. (“ A lley” ), 5s, g ,1929 A&O
B alt. B elt—1st, 5s, 1 99 0 .........M&N
Ohio. & Gr. T ru n k —1st, 6 s., 1900.. ib'ö"
Col. & Toledo—lst7 s ,1 9 0 5 ..F & A §116
Beech Creek—lst,sr’id, 4 s,1936,J& J
Ohio. Mil. & S t. P au l—
do
2d m o rt., 1900.M&8 §103 __T
2 d gen. 5s, g., 1 9 3 6 ....---- - J& J
O hio& W .V a.,lst,s.f., 7 s , l 9 iOM&N 114
M .& S t.P .lst, 8 s, P.D .,1898. F&A
Bei volere D ei.—1 st,6a,o,1902. J&D 111
P . D ., 2d M., 7 3-lOs, 1 8 9 8 ..F&A
Col. Shaw. & H ’k .—1 st 5 s,1940.J& J
.........
E q u ip m en t 6 s, e., 1916. ...A& O
Cons. 4s, 1 9 2 7 ......................F&A
R.D ., 1st, $, gold, 7s, 1902 ..J & J
Boston & A lbany—6s. 1895___J& J
Col. & W estern, 1st, 6 s. 1 9 1 1 ...J& J
I. & M., 1 st M., 78,1897......... J& J
§117
4s, 1913......... ..........................A&O
Con.&
M
ontreal—Im
p
6a,1911.J&
J
I ’a. & D ak., 1 s t M., 7s, 1899. J& J
Conn. & P asaum .—M.,4a, 1943. A&O §100
Boston & Lowell—7s, 1895. ..M&S
Ohio. & M il., 1 st M .,7s, 1903.J& J
6s, 1896........ ........................... J& J
C onnecting (Phila.)—1 st, 6 s ..M&S
Consol., 7s, 1 9 0 5 ......................J& J
Conaol.RR.of V t„ 1st, 5a, 1913. J& J § 86*4 86*3
5 8 ,1 8 9 9 ........................... ...J & J
1 st M., I. & D. E x t., 7s, 1908J& J
4s, 1905-6-7..............................Var.
Corn.Cow.& A nt. deb.6a.1898.M&N
1 st M .,6 s, S’ih w e s t D iv .l9 0 9 J& J
4*28, 1903................................M&N
D a y to n * M ic h .—Con. 5a, 19 1 1 .J& J §i*0*638 106%,
1 st M., 5s. L a C. & D a v .l9 1 9 J & J
B oston & M aine—4 * ss,1 9 4 4 ... J& J
So. M inn. 1 st 6 s, 1910 ............. J& J 114*8 115% D ay t.& West.—la tM ., 6 s, 1905.J& J 4111*2 113
Im p ro v em en t 4s, 1 9 0 5 ..... F&A
1 st m o rt., 7s, 1 9 0 5 .................. J& J §118 1 2 1
H ast. & D a k .E x .lst,7 s, 1910.J& J 123 124*2
Do
4s, 1937 ....F & A
D elaw are—M ort., 6 s.g u a r.,’95. J& J
do
5s, 1910............ J& J
Boat. & P ro v id en ce—4s, 1918.J& J
D elaw are & Bound B rook—
Chic. & P ac. D iv. 6 s, 1910 .. .J& J
B ost.R evere B .& Lynn—6s.’9 7 . J &J
1 st, 7s, 1 9 0 5 ........
F&A 128*4
do W est. D iv., 5 s,1 9 2 1 .J& J
B w ay.& 7ihA v.—I s t e .5s,g ,’43 J& D
Del.&Hud.—Coupon 7s, 1894. A&O 10 2 % 103*4
Chic. & Mo. R iv. 5s, 1 9 2 6 ....J & J
BkJyn.City RB .—1 st c. 5 s ,lo 4 l .J& J
1st, M., P a.D lv.,7s. 1 9 1 7 ....M&S 140 I ............
M ineral P t. D iv., 5s, 1 9 1 0 ...J& J
B rooklyn E ie.—1st, 6 s, 1 9 2 4 ..A&O
D el.L .& W .—M ort. 7s, 1 9 0 7 ..M&S 130*3'.......
Ohio. & L. Sup. D iv., 5s, 1921 J&u
S d m o rtg . 5s, 1915_________ J& J
W arren 2d 7s, 1903...............A&O 117%
W is.& M inn.D iv.,5s, 1 9 2 1 ...J& J
Seaside & B. B. 1 st 5s, 1942 .J& J
Den. C ity Cable 1 s t 6 s, 1 9 0 8 ..J & J
T erm inal 5s, g., 1914 .............J& J
Union E l.—1 st, 6 s, 1 9 3 7 ....M & N
Den. & R. G.—1st con. 4s, 1936. J& J 71 *«
D ubuque D iv., 1st, 6 s, 1920. J& J
1 st 7s, gold, 1900 .................... M&N 113
B runsw . & W.—1 st,4s, g.,1938.J& J
Wis. V al. D iv., 1st, 6 s, 1920. J& J
61
105
Bufi. Brad.& P .—Gen.M .7s,’96.J& J
Im p r., g., 5s, 19 2 8 .................. J&D
F arg o & S o u th .—6 s. ass. 1924. J& J
B oitN .Y .& E rie—1 st, 7s, 1916. J&D
80
D esM . & F.D.—G uar. 4s,1905. J& J
Ino. eonv. 8 . F . 5s, 1916........ .J& J
Buff.Roch. & P itts b .-G e n .5 s , 1937
93% D ak. & G t. So. 5s, 191 6 ......... J& J 104
1 st m ort., g u ar., 2 *28,1 9 0 5 J& J
Booh. & P ., 1 s t , 6 s, 1 9 2 1 ....F&A
1 st M., on E x t.,g u a r. 4 s,1905J& J
Gen. g. 4s, se r. A., 1989........ J& J
Consol., 1 st 6 s, 1 9 2 2 . . ___J&D
117*8 Chicago & N o rth w e ste rn D et.B . C. & A lp .,1 st,6 s,1913. J& J
Clearf.& M .ls t 5s, g .,g u .,’43,J& J
Con. 7s, 19 1 5 .......................... Q—F
Det.G.Haven& M ll.—Equip.6s,1918 e 98 102
Bofl.& S outhw est.—6 s, 1 9 0 8 .. J.& J
C on.M ., g u ar. 6 s, 1918........ A&O e 96 100
Consol., gold, 7s, cp., 1 9 0 2 ..J& D
70
Det. L. & N o rth .—1 st, 7 s,1907.J& J
Buff. & S u iq u e .ls t5 s , g.,19l3.A & 0 96
70
S inking fu n d , 6 s, 1929 ....... A&O
Borl.C. R. & N .—1 st.5 s,1 9 0 6 ..J& D 105
G r.R ap.L .& D „lst,5 s,1 9 2 7 .M & 8 § .....
do
5s, 1929................ A&O
Cons.1st &col. t r ., 5 s,1 9 3 4 ..A&O
27
Det.
Maok.&
M.—Ld.
g
r.
3*as,
8
.
A.
do
d eb en t., 5s, 1933.M&N
Io w a C.& W., 1 st, 7s, 1 9 0 9 .M&S
91
D uluth & Iro n R .—Ist,5 s.l9 3 7 . A&O
25-yrs. deb. 5s, 1 9 0 9 ....___M&N 105*2 107
Dul.Red
W.&S.—
7
lst,5
s,g
.l9
2
8
.J&
J
C .R ap.I.F.& N.,1 st,6s,1 9 2 0 .A&O
30-yrs. deb. 5s, 19 2 1 ............ A&O
95
do
1st, 5s, 1921___A&O
D uluth 8 . 8h. & AtL—5 s,1937, J & J
98
93*
E x te n . bds. 4s, 1926.........F&A 15
O aliior. P a c .—1 st M.,4*ss,1912 J& J 100
Dul. & W inn. 1st 5s, g. 1 9 2 9 ...J& J
E scan.& L.Sup., 1 st, 6 s, 1901.J& J
Dunk. A. V. & P —1 st,7s,g..1900J&D 106
2 Mor, 6 s, g . , ’91,ext.at4*3% .J& J
95
D es M .& M inn’s ,1st,7s,1907.F&A
E. T. Va. & G a.—1 s t,7s, 1 9 0 0 ..J& J 111*3 1 1 2 *»
3 d M. (g u ar. C. P .), 6 s, 1 9 0 5 .J& J 105
Io w a M id., 1 st M., 8s, 1900. A&O
D ivisional, 5s, 1 9 3 0 . . . . . . . . .J& J
do
3s, 1905. J& J
55
Chic. & M il., 1 st M., 7s, ’9 8 ..J& J 1 ) 6 %
98
Oam den & A tl.—Consl. 6 s, 1911 .J& J 118*4 118%
Consol. 5s, g., 1 9 5 6 .........M & N
*98*3
W inona& St.Pet.—2d7s,1907M&N 125
4 1*3
1 s t E x t., gold, 5s, 1 9 3 7 ......J & D
C an ad a So.—1 st 5s, g u ar.,1908,J& J 109
1 st extension, 7 g., 1916. J& D
73
76
E
quip.
&
im
p.,
g.,
5s,
1
9
3
8
..M&S
2 d m o rt., 5s, 19 1 3.............. ..M&S 105*8
Mil. & M ad., 1st, 6s, 1 905.. ,.M&fc Ï14*
C incinnati E x t. —5 s., g, 1940F&A
C ape F e a r & Yad. V.—1st 6 s, 1916
O tt. C. F . & S t. P ,, 5s, 1 9 0 9 ..M&S 107
C aro lin a Cent.—l s t , 6 s,g., 1920. J& J
M
obile
&
B
irm
.,
1st,
5a,1937.J&
J
N orth. Ills., 1st, 5s, 1 9 1 0 ....M&S 307
K noxv. & O hio,1st, 6 s, 1925. J& J 107*« 108
O ataw issa—M ort., 7s, 1900— F&A
M adison E x t., 1st, 7s, 1 9 1 1 .A&O 133
Ala. C ent., 1st, 6 s, 1918......... J& J 100
C edar F .& M in .—1 st, 7s, 1907. J& J
M enom inee E x t.,ls t,7 s ,1 9 1 1J& D 133
C ent, of G a.—1 s t,cons., 7 s ,'9 3 .J& J
E ast.& W .A la.—1st, 6 a, reo’ta.1926
118
N orthw est.U n., ls t,7 s , 1917. M&S 135
Collat’l t r u s t 5s, 1 9 3 7 .. ___M&N
Chic. & T om ah.—1 st,6s,’0 5 .M&N 115*4 116*« E a ste rn , M ass.—6 s, g .,1906. .M &8 § 1 2 1 1*1*3
E asto n & A m boy—M.,5a,1920M&N 10s*4
Chat. R. & Col.—5s, g., 1 9 3 7 .M&S
C edar R. & Mo.—
Sav.& W est., 1st, g u ar.,1929 M&S
43
1 st m o rt., 7s, 1916............ M&N 133 133*2 E. Shore Ter.—1st 5s, g., 1915.F&A
C an t.o f N. J . —1 st cons. 7s, ’99.Q -J
114*8
2d m ort., 7s, 1909, g u a r...J & D 124*2 12i % Elizab.Lex.& Big 8 .—5s, 1902.M&S 97*4 98
E lm ira& W ’m sp t—1 st 6s,1910.J& j I I 6 4 118*3.
C onvert, m o rt. 7s, 1902. ...M&N
123*s
S. C.& P ac., 1 st, 6 s, 1 8 9 8 ..J& J 103 105
C onvert, d ebent. 6 s, 1 9 0 8 ..M&N
5s, 2862.....................................A&O
119
F rem .E lk.& M o.V .—6s,1933A&0 124 124*«
E rie & P itts .—Con. M., 7s, ’98.J& J 103*2
Gen. m ort., 5s, 1987...... .........J& J
114%
do
do
U nstam ped.. 122*2 123
....
Leh.& Wil.—Oon. 7s,g.,1900,ass.Q
E q u ip m en t, 7s, 1 9 0 0 .._____A&O 100
Hi* Chio.Peo. & 8t.L .—lst5s,1928.M & S
108
M ortgage 5s, 1912............M&N
E vans.& T .H .,ls t oon.,6s,1921,J& J
100
Kook Isl.D iv.cons.5s,g.,1941. J& D
Am. D k .& Im p . Co., 5 s,1 9 2 1 .J& J
1 st gen. g. 5s, 1 9 4 2 ................ A&O
96
Consol., 1 st, g., 5s, 1939___M&N
M r.V ernon—1st, 6 s, g.,1923A & 0
C »utral P a r .—1st, 6 s, g, 1 8 9 5 .J& J
C hic.R .L& Pac.—6s, 1917,coup j &j
105
Sul. Co. B r .l s t , g. 5s, 1910.A& O
1st, 6 s, gold, 1 8 9 6 . . . . . . . . ....J & J
Chicago & S o u th w este rn _______
50
E vans. & R icb.—1st 5 g .1928. M&S
1st, 6 s, gold, 1897.................... J& J
E x ten . & eol. 5s, 1934............. J& J
Evanav.X.H.&Ohi.—1st, tia, g.l9v/0 c
1st, 6 s, gold, 1898______
J& J
30 yr. deb., 5s, 1921...............M&S
2d, 6 s, gold, 1 9 0 0 ................J & J §
B .Joaquin, 1 st M., 6 s, g .1900. A&O
C h ic.& S l.L .—1 st 6 s, 1 9 1 5 ...M&S
105%.
F itenburg—5a, 1899-1903 . . . . Var.
M ort., gold, 5s, 1 9 3 9 .......... A&O
Ohio.St. L. & P .—C on.5s,l932.A & 0 l i t
5a, 1908................................ ..M&N
C.& O. D iv., e x t. 5s, g. 1918.J& \
107%.
Chic. & G t. E a st., 1st, 7s, 93-’95. 1U0
105
6
s,
1
8
9
7
................
A&O
L and g. 5s, g., 1 9 0 0 ....____A&O
99
112*«
C ol.& Ind. C .,l s t M .,7s, 1904.J& J
100%,
4*28, 1897...............
M&S
W est. P acif., 1 st, 6 s, g., ’9 9 .. J& J 10308 107
do
2d M.7s,1904.M&N 104
9s
Cent, of S. Car.—1 st 6 s, 19 2 1 .. J& J 10 I 105
4s,
1907.........
.
.
.
.
.
.
.
...A
&
o
114
Un.& L o g a n sp .,lst, 7s, 1905.A&O
B ost.H .T. & W est., deb. 5a, 1913
Charles. & Sav. 1 st 7s, g., 1936.J& J
Chicago St. P aul & K ansas City
115
F
lin
t
&
P
.
M
arq.—M.
6
s,
1920.
A&O
117
e
ìo
Ó
O harl’te Col.&A.—Cons.,7 s,’95. J& J 10 1 10 i*s
103
P iiu rity os, 1 u3 a ......................J& J
1 st, eon., gold, 5s, 1939.....M & N
2d m o rt., 7s, 1 9 1 0 ................. A&O 91
127
Chio.St.P.Min.&Om.—Con. 6 s, 1930
80
P o rt H uron Div. 5s, 1 9 3 9 ..........
Consol., gold, 6 s, 1 9 3 3 ......... J& J
90
Ch.St.P.& M inn. lst,6s,1918M & N i*26*’ 12a
F la. C. & P en.—1st, g., 5s,1918.J& J 103 .........
C h artiers—1 s t,7s, 1901........ ..A&O
St. Paul& S.City, 1 st 6s,1919. A&O 126 *« 129
1
st
1.
g.
ex
t.
5s,
g.,
1930........J&
J
Ohes.&Ohio.—P ur.m oney fd .,6 s ’98
108*3 Qhie.& W .Ind.—S.fd. 6 s, 1919 M&N
93 ......
1 st, con 5s. g., 1 9 4 3 .....---- J& J
Series A, 6 s, 1 9 0 8 . . ... .........A&O 117 117*3
Generalm orfc., 6 a, 1932 ...,Q —M
67
69
M ortgage 6s, 1911___ ....A & O 117 118
62% F t.W o rth & D env. C.—1st, 6 s, 1921
Chi. &W. M ie h .-G en .5 s, 1921.J&D § 62
58
60
Ft.W .& Rio G .ls t 5s, g .,1 9 2 8 . J& J
C .& 0 . R y. 1 s t5s, 19 39........M&N; 104
Cin. Day. & I.—lsc,g.,5s,194l.M & N | ......... 9a
___m
100
Gal.Har.&
HanAnt.—1
st,
6
a,g.
1910.
G en eral 4*28, g., 1992...........M&S I 72*3 73
Cin. H am . & D ay.—Consol. 5sA & .0 §104 104%
91
2d m ort., 7s, 19 0 5 ...............J & D
1 st Consol. R . & A. 4s. 1989. J& J ' 89% 89%
Consol. 8 . F ., 7s, 1905.............A&O 1 ■6
91
M ex.& P.Div. 1st, 5s, 1 9 3 1 .M&N
2 d do
do
4s, 1 9 8 9 ...J & J
82
1*12 *
Consol, m ort., 6 s, 1905.A&O §111%
Gal.Hona.& H en.—lst,5s,1913A & 0
67*s,
C raig Val. 1 st 5s, g., 1 9 4 0 ....J& J
94*s
2d m o rt., gold, 4*28,1937. J& J 9!
105
W arm Sp. V al.—ls t5 s ,g .,’4l.M &S
Cin. H . & 1., 1 st M., 7s, 1903.J& J § 112*2 il*3% G eorgia—6 s, 1 9 1 0 . . . . . . . . . ....J & J
Georgia Pacific—1 st, 6 s, 1922. J& J 102 103
Chea. O. & S.W.—M.6 s, 4 9 1 1 ..F&A
100
92
94
C .I.St. L.&C.—1 st g. 4s, 1 9 3 6 ,0 —F
42
Con. 2d m ort., 5s, g., 1 9 2 3 ...A&O 40
2 d m o rt., 6s, 1 9 1 1 .................F&A
Con. 6 s. 1920......... .......................... §105
11
12
Con. incom e, 5s, g., 1923 ...A & O
C heshire—6 s,1 8 9 6 -9 8 ...............J& J 103*4 106*8 In d ia n a p . C. & L., 7s, 1 8 9 7 ..F&A $106
84
Ga.Carol.&No.—1st,5s,g.,1929. J& J
4s, 19 1 0..................................... J& J 100
Cin. Laf.& C.—1st, 7s,g.l901.M & 8 §108
83 ____
Ga.So.&Fl.—ls t6 s ,tr.r e e .l9 2 7 .J & J
Chi.&Al.—Iter.M ., 6s, g .,1903. J& J 114*8
Cin. Leb. & N or.—1st, bs, 1916J& J §101 102
S inking fu n d , 6 s, g., 1 9 0 3 ...M&N e l l 5 117
C in.R ich. &Chio.—1 st, 7s, ’9 5 .J& J §162 102*2 G r.R ap. & Ind.—1 st, i.g., g’d, 7s,g.
L ools’a & M o.R .,lst,7s,1900F& A 1175s
Cin. R ich. & F . W.—lst,7s,1921J& D §116*2 118*2 ls tM .,7 s , l.g., gold,not guar.A & O §.........
G eneral 5s, 1 9 2 4 . . . . . . . . ....M & S
do
2d , 7s, 1900 M&N
Cin.& Sp—7s, C.C.C.& I . , 1901. A&O {112
40
M uskegon Div. 5 s, 1 9 2 6 ...J & J .. e 20
L. J . & C. 2d 7 s, ’9 8 ......... J& J 105**
7s, g u ar., L. 8 .& M.S.. 1 9 0 2 ..A&O {112*4
100 102
E x . 1 st., g-, 4*«s, 1941......... .
do 2d g u ar. (188) 7s,’98. J& J
City & Sub. (B alt.) 1st 5 s,1922. J& D 104%
*r.B
ay
W
.&
8
t.P
.-ls
t,c
o
n
.5
s,g
.l9
ll
75
M iss.Riv.Bridge, lst.,s.f.,6s,1912 105*s
Clearf. & Je tt.—i s t , 6 s , x a z 7 ...J & J
li
16
2d m e., 4 s ....... . . . . . . . . . . . . . . 1 9 0 6
C hL & A t.B dge.- 1 st 6 s,g.,1915. J& J
Clev. A kron & Col.—
Gt.
N
orth.—Col.
tst.4s,g.,1902.M
&
S
y.........
Chic. B url. & N or.—5s, 1 9 2 6 ..A&O vm
Gen. M., g., 5s, 1 9 2 7 ............M&S fl00*4 ...
dlaa.& S t. J o .—Con. 6 a, 1911.-M&S 119 120 "
3d S s, 1 9 1 8 ....,....................... J&D §lol*i 102
E quip tr. & 2d M.. 10-40S...F& A
G arrisb’g P ., &c., 1st., 4 s ,1913. J& J 102
D ooent. 6 s, 1896.....................J& D
75
9o
Cleve.& C anton—1st, 5s. 1917. J& J
G art. & Conn.W est.—5 s,1 9 0 3 .J& J § 80
E q u ip m en t 5s, 1903, e x te n . F&A
Clev. Cin. Ohio. & Sc. L ouis.—
.
G ousatonlc—Cons. 5s, 1 9 3 7 ..M&N 116 ____ t
Chlc.B url.& Q .—Cons.,7s,1903. J& J V 2Ö“ 120*8 Cairo D iv., 4s , 1939..............J& J
104
4 & T exas C e n .ls tg . 6 s, 1 937J& J 102
5 s, s.f., 19 0 1 ........................... A&O 106
St. L. div. 1st,eol. tr . 4s, ’90.M &N 90% 93
107
Waco
&
N.
W.,
1
st,
7
s,g
.,1901.
J&
J
5 s, d e b en tu re, 1 9 1 3 ...............M&N
W hite W.V.Div. 1 s t 4s, g.,’4 0 . J & J 87
99*
Cons. g. 6 s, 1912..........
A&O
Io w a D iv. S. F . 5s, 1 91 9 ........ A&O
C. W.&M.Div.—1 st,4s,g. 1991. J & J 90
90
D ebenture 6 s. 1897 . . . ....A & O
f Io w a D iv ., 4s, 1 9 1 9 ..............A&O 96*e 97*4 Ginn. San. & Clev.Oon.5a.’2S..T&.r InO

Price nominal,




§ Purchaser also pays accrued interest» ,

In London,

t In Amsterda u,

î In Franklort,

j TLY 21, 1894.]

107

THE CHRONICLE.

GEJÎERA.L QUOTATION'S OF STOCKS AKD BONDS.— C o n t in u e d .
Por S tp ia a a tlo ii« See ¡Voce« at

t f «Hrm P a t# o f

R ailro a d B onds .
Bid. A sk
R a il r o a d B o n d s .
R a il r o a d B o n d s .
Bid. A sk ..
Bid. Ask.
H ouston & T ex. C ent.—Oont.
Louisville N. A. & Ch’c.—Oont.
N.Y.C.& H ud.Riv. —(C ontinued.)—
Gen. g. 4s, 1921..................... A&O 62% 63
¡T ......... 62
C a rt.& A d iro n lst 4s,g., 1981 .J& D
D ebenture 4s, 1 8 9 7 .............. A&O 80
86
C. & I. Div., 6s gold, 1911.
107 110
N Y. & Put. 1st 4s. g. 1993. A&O 101*2
H in t.& B r. Top—1 st, 4s, 1920. A&O 101*2
Lou. R y.C o.,l8t 0., 5s,g.,193
Mohawk & M .lst,4 s,g .l9 9 l,M feS
§10 )*2 10 1
Cons. 3 4 M. 5s, 1 8 9 5 ............. A&O 100% ......... LiOuts.St.L.&T.—1 s t 68,g.l91
i 50
N. Y.(. hio.& St. L.—1st,4s,1937. A&O 100% 100 %,
Illin o is Cea.—1st,gold,4s,1951. J& J
1st cons. 5s, g., 1942..........
3 15
N. i . & G re e n w 'd L .—Is tM . inc. 6s 12
97*4 99
Gold, 3*28,1951.............J& J
1 60
61
2 1 m ortgage incom e, 6 s . . . ...........
Ool. tr ., gold. 4s, 1952..........A&O 101*«
3 32
36
N. / & H arlem —7s,ooap.,1900.M&N 120
Gold, 4s, 1953........................ M&N
97% 98*2
* 97% 98
N. Laek.& W.—1st, 6s, 192L.J& J 132 Í32*á,
Cairo Bridge—4s, 1 9 5 0 ......... j& D Î 95% 96
d, 58. g uar., 1923.......... F&A 114
f 118% 118*2
Springfield D iv., 6s, 1898.. -J& J 105
108% 10378 Term . & inapt. 4s, 1923. ...M & N
M iddle D iy. reg. 5s, 1 9 2 1 ... F&A
110
N.Y.L.E.&
W .—1st ex. 7 8 /9 7 . M&N i 08 5g 11 Ó*¿
S terlin g , S. F ., 5s, g., 1 9 0 3 ..A&O s i o e " 108“ Maine C ent.r *......... .........
2d m ort, extended,5s, 1 9 1 9 .M&S 114
S terlin g , gen. M. ,6s, g., 1895. A&O elO l 103
) §.........
3d M. extended, 4*28,1923.. M&S 108
S terling, 5s. 1 905.....................J&D el0 9 112
) §133*4 133*2 4 th M .,extended, 5s, 1 9 2 0 ..A&O 112
Ohlc.St.&N.O.—T.l’n ,7 s,’97.M&N 110
ir») §....... .........
5 th M., ex ten d ed , 4s, 1 9 2 8 .J& D 100
1 st eon. 7s, 1897.......................... 110
1 st co as. 4s, 1912.
1 st cons. M., 7s, g.,1920....... M&S 132*2 134
2d, 6s, 1 9 0 7 ...........................J& D
1 st cons, fu n d co u p .,7 s,1920 M&8
5s, 1951, g o ld........................J& D 113
) § .........
R eorgauizat’n 1 st lien, 6s, 1908 i 105
Mem. D iv., 1st 4s, g., 1951 J& D 97 ........
§......... 101*2
Long Dock con. g., 6s, 1935 A&O 128 131
la d . D. & W.—Gold, 58,1947... A&O
1 30
50
New 2d oons.6s, 1 9 6 9 ...........J& D
72
2d m. ine. 5s, 1 9 4 8 ................ J& J
r
C ollateral T r. 6 s ,19 2 2 ......... M&N
tad . Deo.& 8p.—1st,78.1906.A&O
67*2
) § 10 178 102
F unded couDon 5s, 1 9 6 9 ....J& D
l a d . Ills. & Ia.—1 st 4s, 1 9 3 9 ...J& D r 77*i ’ 79 ”
! 1 1 2 % 114
Gold incom e bonds, 6s, 1977 __ e 60
70
I ad ’polis & St.L.—1st,7s, 1919. Y ar. 1116
r 1 1 2 % 114
Chie. & Erie 1 st 4-5s g. 1982.M&N 92
I a d ’apoUs& Vin.—1 st, 7s,1908.F&A $116
1 96
98
Incom e 5s, 1982 ..........................
27*2 29
2d m o rt.. 6s, g., g u ar., 1900. M&N 5104
f 110*2 112
D ock & Im p t. 1 s t,6s, 1 9 1 3 ...J& J 102
In .& G .N .-lst, 68.1919, cou.off. M&N 110 111*2
55
N.Y. &L. B r’eh— 1st, 5s, 1931. J& D §....
2d, 4*2—5s, 19 o9.....................M&8
62
65
2d 6s, 1899.......................... :
N. Y. N. H. & H .l s t r . 4 s,1903.J&D
M&8
3d, 4s, g., 1921...............
15
let.W .Side E l.ls t 5s, g.,1942.
66
64
Con. deb. certs. 3d Instalm ’t pd.. 103 105
Io w a Cent.—1st g., 5s, 1 9 3 8 ..J& D 90*4
Mex. Cent.—Consol. 4s, 1911.
§ 53% 54
N.Y.& North’n - 1 s t g.5s,1927’.A&O 116
I 'a F a lls & 8 . C —lst,7 s,1 9 1 7 .A & 0 §129 129%
14
15
N .Y .O n.* W.—C on.5s,g.,1939. J&D 109*8 109*s
Jaok.T.& K ey W .,ls t6 g.,1917.J& J
6*2
7
R efunding, 1st, g., 4s. 1 9 9 2 .M&8 85% 8 5 78,
Jefferson—l s t 5 s , g. E rie, 1909. A&O
100 '
70
N. Y. & N. E ng.—1st, 7s, 1905 .J& J 109% 110
Jeff. Mad.& In d .—1 st, 7 s,1906. A&O §110*2
85
1 st M., 6 8 ,1 9 0 5 .............
J& J 105 105*4
21 m o rt., 7 s, 1910................... J& J §116
5
99*4.
2d m .,6s, 1 9 0 2 .............
F&A 99
K anaw . & Mich., 1 st 4 g.,1990.A&O ...... 79
4 ___ N. Y. Pa. & O.—P rior lien, 6s, 1895 el0 3 107
K an sas C. B elt, 1st, 6s, 1 9 1 6 ..J& J
100
16
120*2 121*4
17
do
1 st 7s, 1905...........
K an. O. C linton & S pr.—1st,5s, 1925
60*2
106
1
2d m ort, inc., 5s, 1910....... .
2
Pleas. H ill & D e Soto, 1st, 7s, 1907
108
1 116
*
3d m ort, inc., 5s, 1915............. . e
l*a
80
K C.F.So.&Mem.—lst,6s,1928.M & N
1 116
E quip. T ru st., 5s,1908..........M&N e 95
97
K.C.&M.Ry & B r .l s t 5 g, 1929.A&O
94%
9 8 . ......... N.Y. P h il. & Nor.—1st, 1923 ..J & J
102 %
C u rren t R iver, 1 st, 5s, 1927.A&O
63
J . L. & Sag......
Incom e 6s, 1933»....................A&O
27
K.C.Ft.Soott& G.—1 st,7s,1908 J& DD S107% 108
r § i 2o
N. Y., Prov. & B oston 7s, 1899.J& J
K an. C. M. & B.—1 st, 5s, 1927. M&88 22
30
§120
N .Y .S .& W .-lst refnd.,5s,1937. J &J 104%
B tr., equip., 6 g., gu., 1903... M&85 75
77
e 76
78
2d m ort., 4 * 2 3 ,1 9 3 7 ..............F&A
85
K.
0 .8t.Jos.& C.B.—M .78,1907
J §120J& J124
§ 95
Gen. m . 5s, g, 1940........... F&A 91*2 94
N odaw ay Y al., 1 s t, 7s. 1920. J& Di §105 106
2d 5s. g u ar. N. Y. S. & W., 1896
88
T erm . 1st, g., 5s, 1943......... M&N 106*2 ....
K an. C.Sub.Belt.—1 st 1920 6s.. J& D5 y
M idland of In d ia n a 5 s ......... ........
M idl’d of N. J .—1st,6s, 1910.A&O 116
K an. C. Union T erm . 5 s.......F&A1 .........
Mil. L ake Sh. & W.—6s, 1 9 2 1 .M&5 125
Norf.& South.—1st g., 5s,1941.M&N l o i
102*2
K an. o . P itts. & G u f 1st 5 s... A&O) ........
104 106*2 NewD’g D utch.& Conn.—tacs. 1977
Ken. Cent. Ry.—Gold 4s, 198 7.J& JJ 82
E x t. & Im p. s. f. i
110
Nor. & W est—Gen., 6s, 1931. M&N 114 115
K en tu ck y U n. 1st M., 5 s. 1928. J& J1 10
... New R iv er 1 st 6s, 1 9 3 2 .... .A&O ... i l l
16
122*2
Keokuk& Des M.—lst.5 » 1923. A&O0 9d 100
Im pr. & E x ten ., 6s, 1 9 3 4 ....F&A e l0 2 105
124*2 .........
Kings Co. E l.- Sr. A ,5e, 1925. .J& Jr ......... 79*2
elO l 104
A djustm ent 7s, 1924......... M.
2d m o rt 5s. 1938....................A&O) .........
St. P .E . & G r. JL’r ’k, 1st, g uar., 6s
E quipm ent, 5s, 1 9 0 8 ............ J& D t 67*2
F u lto n E l. 1 st M. 5s, 1929..M & 83 75
......
70
Clinch V. D „ 1 st 5s, 1 9 5 7 ....M&S e 65
L ake E.& W est.—1st,g. ,5s,1937J& J 113 115
n V
Md. & W. Div. 1st 5s, 1941. .J& J e 65
70
2d g., 5s, 1 9 4 1 ......................... J& J 102%
Minn. & St. L.119
D eb en tu re 6s, 190 5 .............. M&S
L ake sh o re & Mich. So.—
115 ,
R oan. & So.1st g.gu.5s,1 9 2 2 .M&S
78
B uff.& E.,new bds,M .,7s,'98.A & 0) 112*2 113
130 1 1 0 i C ol.C onn.& Term .Ibt5s g ’2 .\J & J
Det.M on.& T ol.,1 st,7 s,19 0 6 .F&A1 ........
! So. Side, Va., ex t. 5-6s.......... I9u0 100
113
D ividend bonds, 7s, 1 8 9 9 ...A&O) 114
120
do
2 d M .,e x t. 5 - 6 s ....l9 0 0 100
Lake S h o re, co n s., op., 1 s t, 7 s . J& J 118 .........
e 95 100 .
do
3d M., 6s, ’96-1900.J& J 103
do co n s.,cp .,2 d ,7 s,li)0 3 ..J& D) 122*2
Minn. 8. Ste. M. & A tl.—1 st,4s.
Va.& T eam , 4 th M .,8s, 1900.J& J 112 115
Mahon. Coal RR. 1 st,5s,1934.J& J 112
fH""j
Consol. 4s, 1938........
..J & J e 9*6
99 _-Pi«.
do
ex ten d ed 5% 1900.J&J
Kal.A.& G r.R .—1 st 5s, 1938.J& J1 110
713g 79%
Mo.Kan.&T.—1st, g ., 48,1990.J&D
100-year m ort. 5s, 1990 ....... J& J e 62
64
Letngh Yal.—1 st, 6s, 1898___J&D) l t 9
2d, g. 4s, 1 9 9 0 .................... ..F & A
41% 43 ,
109%
do
Nos. above lO.OOO
Con. M. .sterling, 6 g., 1 8 9 7 ..-J&D>e^04 106
M.K.& F .o f T., 1st 5s,gu.,’4 2 .M&S
85 1 North. Pac. Co*st L sto s.. ...M feN
2d m o rt., 7s, 1910.................. M&S 132
K ans. C. & Pao. 1 st -ts. g . F& a
72% N orth Penn. —1 st,7s, 18^t>....M (sN 106
Oon. M., 6s, g., 1923 re g ....... J&D 121
Dal. & W aoolst,gu.,5s,l940.M & N
80
(leu. m ort., 7s, 1 9 o 3 ...............J<sJ 122*2
Len. V .R y ,lst 4*28, g., 1940,rec.gu.
i l D ebenture 6s, 1905 ............ . M&S
98% ......... M o .K a n .& E .,ls t5 s ,g , gu.,’42.A&0
77*4 7^ M
Leh.V. T er.—lst,g .g u .5 s. 1941. A&O . . . . . .
Mo. P ao.—Consol. 6s, I9 2 0 ...M îeN 94 ICO
Northeast..S.C .—Lst M .,ns,ye,Al& 8 112
Leh. VI. Coal, D 15s, g. ,gu. ,1933. J«s J ......... 102%
3d m ortgage, 7s, 1906......... M&N 1U7 1 j 7*4
2d m ort.. 8s, 1899_________ M&S 110
Litonf. Car.& W est, ls tg . 6 s,'i6 J& J
95
T ru st gold, Ss, 1917...............M&S
Consol, gold, 6s, 1933............ J& J 101*2
L. M iami—R enew al 5s,1 9 1 2 ..M&N §111*2 113
Col. tr u s t, 5s, 1920.................F&A 63
6 1*2 iN orthern, Cal.—1st, 6s, 1 9 6 /.. J& J
L. Rook & F t.8 .—1st, 7s, 1905..J& J l 82*2 83
L e x in g to n D iv., 5, 1920....... F&A
Consol. 5s, 1 9 3 8 .................... A&O 90
L ittleR .& Mem.—l8t,5s,1937.M & 8 s 34
37
P ae.of M o .,lstex .g .4 s,1 9 3 8 .F & A 98
99*8 N orthern C ent.—4*23, 1 9 2 5 ..A&O 104
L m g Isla n d —1 st M.. 7s, 1898.M&N 111*2 113*2
2d e x t. 5s, g., 19 3 8 ...............J& J
2 d m ort., 6 s ,19 0 0 .................A & O 112 113
1st consol. 5s, 1931...............Q—J .........
Ver. Val. I u d .& W .lst 5 s, *26. M&S + *678 .........
Con. m o rt.,6s, g.,ooup., 1900. J& J 110
Gen. M. 4s, 1938..................... J& D
98 102
Ler.&Can. Val.A.L. 1st os.’JO. J& J
M ort, bds., 5s, 1926, series A J«&J 111*2
F erry —1st, 4*23, g., 1 9 2 2 ....M & S1 101
St. L.I.M.&S.—1st ex. 5s, ’97.F&A 102
do
series B ......................... 111
4s, g., 1932................................J& D> .......
2d. 7s, g., 1897 .................. M&N
106
Cons. M. 6s., 1904.................... J& J
120
No.Hh. Br. lstc o n .5 s ,g .,1 9 3 2 .Q -J 103% io«*‘ A rk. B r. 1. g r., M., 7s, g., ’95.J& D
Con. m o rt, stg. 6s, g., 1 9 u 4 .. .J& J ,106 108
N. Y.&R’yB ,ch,istg.i>s,1927.M & 81 .........
Cairo-Ark. «ss i'., 1st,7s,g.,’97.J& D
100
U nion RR .—1st, 6s, end. C ant.,'95 100
2d m o rt. inc., 1927...................8
37% 43
Gen. con. r ’y & 1. g., 5s, 1931 A&O 75
Nor. P acifie—Gen.,-6s, 1921.. ..|J&J 108*4 108*2
N. Y.& Man. B each, l s t 7 s ,’9 7,J& J .........
M ohile& O.—l s t . g ’d, 6s, 1927. J&D 112*2 113*2
Gen. lau d g r.,2 d , 6s, 1 9 3 3 ...A&O 74
74*2
Sf. Y. B. & M. B .,ls t con. 5s, 1935 . . . . . . 98
1 st E x te n sio n 6s, 1927......... G—J
Gen. la n d g r., 3d, 6s, 1937...J& D 52*2 53
Brook. & Mon., 1 st 6s, 1911.M&S 108
60
G en m o rt., 4s, 1 9 3 8 ..... ...M & S
62
Con. L. G.. g. 5s, 1 9 8 3 ......... J& D
24
24*3
i s r os, 1 9 1 1 .........................M&S 104
St.L.& Cairo—4s, guar., 1931.J& J
D ividend sc rip ex t. 6s, 1907.J& J 24
30
2d, “ 8 ,1 9 3 8 .......................... J&D 101
M ont. & E u fau la, 1 st 6s, 1 9 0 9 .. J& J 95
Col. l s t g . n otes 6s, 1 8 9 8 ...M &N
L . I C ity & F lu. 1 st6 8 ,1 9 1 1 .M&N
M org’n ’sL a.& T ex .,lst,6 s,1 9 2 0 J& J 111
P e n D’O reille D tv., 6s, 1919..M&S 101*2
L »u’v.Ev.& St.L —1st,6s, 1926. A&O §101*2 101%
1 st m o rt., 7s, 1 9 1 8 ......... ....A & O 124
Mo. D iv. 6s, 1 9 1 9 .................. M&N 100 %
E R . & E . D iv., 1st, 6 s,1921.J & J § 99 100
M o rris* E ssex —1 st, 7s, 1914 M&N 141
Ja m es R iv.V al.—lst,g .,6 s,’3 6 J& J
2d m o rt., 2-6s, g ., 1 9 3 6 . . . , ......... '!§......... 95
Uonv. bonds, 7s, 190 0 ............ J& J 1131« 115*2
80
Spokane & P a l.,1 st 6s, 1936.M&N —
H . T. C. & C. 1st 6 s,g., 1927.A & 0
G en eral m o rt., 7s, 1901....... A&O 120
H elena& R ed Mt. 1st,6s, 1937M&S
Consol. 5s, 1939..........
.J& J 45
49*2 Consol, m o r t.,7s, 1915.......... J& D 138*2 140
D ul. & M an., 1st, 6s, 1 9 3 6 ...J & J 70*8
Genl. 4s, g., 1 9 4 3 ....................M&S 12
N a s h u a * Low ell—5s, 1 9 0 0 ...F&A 6105*« 106
Dak. E x t., 1st, s.f. 6s, 1937.J& D 70*8
L JOlsv.&NaahY.—O ons.lst,7s,1898 111
Nash. Chat. &S.L.—1 st,7s, 1913. J& J 126*2
N o.P ao.* Mon., 1 st,6s, 1938.M&S 26
23
Oeoilian B r., 7s, 1 9 0 7 ...........M&S ......... 110*2 2d m o rt., 6s, 1 9 0 1 ..............;.J & J
Coeur d ’A l.,ls t,g - , 6s, 1916.M&S
O. & Mobile. 1 st 6s, 1930. J& J 114
C onsolidated gold ds, 1928.. A&O 100*2 101*4
do Gen. 1 st g .,6 s , 1 9 3 8 ...A&O
do
2d, 6s, 1 9 3 0 ....J & J
IOC?
1st 6s, T. & P. Boh., 1917. ..J & J
C ent.W ash’n, 1st g.6s.l938.M & 3
E. H . & N., 1 st 6s, 1919....... J& D l i ó
1 s t 6s, Mc. M.M.W. & AL,’1 7 .J frJ 100
Ch. & No. Pao. con. 5 g. 1940. A&O
42
G en’I m a rt., 6s, 1 9 3 0 .............J& D 112*2
1st 6s, J a sp e r B ranch, 1 9 2 3 .J& J
North. P. T er. Co.—1st, 6s, ’33.J& J 94
LotPv.C.& Lex.—1 st,7s,’97 ..J & J §105 105*2 New H av en <s D erby—Con. 5s, 1918 112
N. W. Gr. T ru n k 1st, 6s, 1910. .J& J 100
2 d m o rt., 7 s, 1907...............A&O §122 123
6s, 1900.....................................F&A §......
N. W. Nor. C ar. 1st 6s, 1 9 3 8 ..A&O
49*a
Mem.& 0.,.stl., M . , 7 s , 1901 J& D e l l 4
116
New H av en & N ., 1 st 7s,1899.. J& J
Norw’h &Wor.—1 st M ..6s.’97..M&8 §io5*2 103
M.
& C la r\sv .,st’g,6s,g,1,lJ 0el0
2 F&A
8 111
Consol. 6s, 1909......................A&O
O gd.& L .C ham .-C ons.6s,1920. A&O §101% 102
P ensacola L'iv.,1 st,6s,1920. .M&S
N. J . Ju n c tio n , 1st, 4s, 1 9 8 6 ..F&A
12*2 15
Incom e, 6s, 1920...................
St. Louis D iv.. 1 st, 6 b, 1821. .M&S 119*4
N. J . & N .Y .—1st, 6s, 1 9 1 0 ...M&N
Ohio I. & W.—1 st p fd .5 s,l9 3 8 ..Q -J
do
2d.,3a„1980.M & S 57
New LondonNor.—lst,4s,1910.J«feJ
Ind. B1.&W.—1st, p f.,7 s, 1 900.. 109
R ash. & D ec., 1 st 7s, 1 9 0 0 ...J& J 110%
N. J . Son.—1st, 6s,1899 Int.gu.J& J
O. & M iss.—Cons., s.f., 7s,1898. J& J 107%
Bo. & No. A la., S. F . 6s,1903M & N e l0 9 I l l
N. O. & N o rth east.—P rio r 1.6s. 1915
Cons, m o rt., 7s, 1 8 9 8 . . . . . . .J& J 107%
T en-forty 6s. 1 9 2 4 .................M&N 100
N.Y .& Can.—£ M .,6s, g., 1904.M&N
2d consol, m o rt., 7 s, 1 9 1 1 ...A&O 117
50-year gold, 5s, 1937......... M&N 90
N.Y.C.& H .R .—1 st o p .7s,1903.J& J
lst.S p rin g f. D iv., 7s, 1905.. M&N
109
Unified 4s, g., 1940................ J& J 70*2 72*2 D eb en tu re .5s, 1 8 8 4 1 9 0 4 ...M&S
1st gen., 5s, 1 9 3 2 . . . . .............J&D
P en sa. & AtL—1st,6s,gu,’21. F&A 98
do
5s, 1889 1 9 0 4 ... M&S
Ohio R iv er R R .—1st, 5s, 1936.J& D
101
Col. tr ., gold, 5s, 1931....... M&N
98
do
4s, 1 8 9 0 -1 9 0 5 .. .J& D
85
Gen. gold, 5s, 1 9 3 7 . . . . . . . ...A & O
S. & N. Al. s. f. 6s, 1 9 1 0 ....A& O 104
D ebt, 4a, g., 1905, e x t., M&N___
91
Ohio S outhern—1 st 6s, 1 9 2 1 ...J& D
Consol. 3s, 1 93 6 ..................F&A
94%
S a i l i n g m ort., 6s, g., 1903...J<&J
118
Gem. M. 4 8 ,1 9 2 1 .....................M&N 37
42*»
N ash .F .& S .lstgd. g.5s,1937.F& A
95
Gouv.&Os w .ls t 5s, g. 1942.. .J&D
123
Ohio V alley—Gen.M .,0fi., 1938. J & J ____
I/sv.N .A .& Chic.—let,6s,1910.J& J 107
N or.& M ont. 1st 5s, g., 1 9 1 6 .. A&O
106*2
Old
Colony—6s,
18
9
7
...............
F&A
§106
Com. m o rt. (tc j o i f t ___
A&O 91
92 1 R. W.& o.Te'-ra. i s t f ts .e .J m . M&N
1805 . . . . . . ..................... J& D S io rfe 102

r a w ttyuotu-




§ ¿'uro**»«« also pays aoorned interest,

6 In London, MM Coupon off. tIn A^tordao.

ifraokfort, Garina iy. ^ /

THE CHRONICLE.

108

I VOL, L 1 X .

GENERAL

QUOTATIONS OF STOCKS AND BONDS— Continued
F or E x p la n a tio n s se e Motes a t Head, o f F ir st P age o f Q uotations.

Bid. Ask
Ra il r o a d and Mis c e l . B o n d s .
B id. Ask.
R a il r o a d B onds
44
46
U.P.—Ore.
Short-L.
&
U.
N.
C
on....
S.L.&
8
.F.—
Equip.7s.
1
8
9
5
....J
&
D
.........
O ld Colony—6s, 1 8 9 6 ............... M&S §
Collat. T ru st 5s, 1919 — M&S 35
2d M., 6 s, class B , 1906----- M&N i ï ô "
4*38,1904................................. A&O
Oregon Short-L., 6 s. 1922 .. F&A 80% 81%
2d M., 6 s, class C, 1 9 0 6 ....M & N 110 .........
83
U tah South.- G en.,7s,1 9 0 9 .-J& J
1st m. Mo. & W. 6 s. 1919 ...F & A 10 1 %
do E x t,1st,7s,1909 J& J
93%
92
G eneral m o rt.. 6 s, 1 9 3 1 .. . . . . J & J
B. C. f ". & N. B., 5s, 1910 ..J & J \
U tah & Nor.—1st M .7s,1908.J& J
Coll. tr s . s. f. 6 s, 1 9 2 0 ...........F&A 1 98%
O m aha & S t.L .—1st, 4 s,1 9 3 7 ..J & J
Gold 5s, 1926........................ J & J
80
G eneral m o rt., 5s, 1 9 3 1 ......J & J
Oreg. & Cal.—1 s t os, 1927 ..--J&.T
35%
U .P.D en.& G ulf con.,5.g.,1939. J&D 35
70
104%
1st
tru
s
t,
g.,
5s,
198
7
............A&O
Oreg. R ’y & N av.—1 st bs, 1909. J& J
U.
&B1.
R .—Con. 4s, g, 19 2 2 ..J& J 102 103%
4
9
“
45
Con. gu. 4s, g., 19 9 0 — — A&O
Con.M .5s, 1 9 2 5 ..—
107%
U tica C lin.& B ing.lst 5 ,1 9 3 9 ...J& J
Kan. C. & 8 w .,lst,6 s,g .,1 9 1 6 ..J& J
49"
C ollateral t r u s t f s, 1 9 1 9 .-.. M&S
Valley of Ohio—Con. 6 s, 1921.M&S 60
F 0.8 .& V .B .B d.,lst, 6 s, 1910. A&O
Osw.&Rome—ls tM .,7 s , 1915.M&N
Ver. & Mass.—G uar. 5s, 1903.M&N §106% 106%
8
t.L.K.&So.W.
1
s
t
6
s,
1916M&S
2d. g. 5s. gu ar., 1915............ F&A
Va. Midl’d.—1 st ser., 6 s, 1906. M&S 116
K ansas M id.—1st, 4s, 1937. J& D
108
P a n a m a —S te rl’g M ., 7 s. g. ’97.A& 0
2d series, 6 s, 1 9 1 1 ........... ...M & S 116 117
8t. Louis Salem & A rk an sas—5s. t . . ~
96
B ub sld y h o n d s, 6s, 1910....M & N
3d series, 6 s, 1 9 1 6 ......... - ...M & S 108 10 •
t
97%
132
St. L. W. & W., 6s, 1919....... M&S
P en n . RK.—Gen. M, 6s, e, 1910. J& J
85
4 th series, 3-4-5s, 1921......... M&S 70
130
it. L. So. W. 1st, g., 4s, 19 8 9 .. .M&N 55% 56
Gen. M, 6s, £ e, ! £ 1 0 .V...- ^ J & J
5 th series, 5s, 1926.................M&S 98% LOO
16
15
2 d ,g ., inc. 4s, 1989 . . . . . . . . . . J & J
119
Cons. M., 6 s,c p ., 0 5 .J .1 5 & D . 15
92
G eneral 5s, 1936. . . — ....M & N
i t . L. V. & T. H .—1 st M., 7s, ’97. J& J 106%
119
Cons. M. 6s, £ do
u ° -----92
do
g u aran teed , sta m p e d —
2d m ort., 7s, 1 8 9 8 .... ......M & N
Consol. 5s, op., 1919.............M&S
W abash—1 st gold 5s, 1939. .M&N 10 2 % 102 %
106%
Ï1Ô
"
2d,
7s,
g
uar.,
1898................
M&N
Cons. 4 , g . , 1 9 4 3 :
72
71
2d
gold
5s,
19
3
9
......................F&A
55%
i t . P . & D uluth—1st, 5s, 19 3 1 .F&A 54%
C o llateral tr u s t, 4%s,,1 9 1 3 .-J&D
25
Deb. m ort., series B, 1 9 3 9 ...J & J
2d m ort., 5s, 1917......
A&O
■Rnnin T r. 4s, series A .......... Cl—r
98%
D
et.
&
Chic.
E
x
t.,lst,g
.,1
9
4
1
.J&
J
110
8t.P.M inn.& M an.—1 st 78,1909 J& J
I S u x . m o n e y 1 st 4e,1923.M&N
105%
St.L.K.C. &N. (r.est.& R .),7s.M&S 105%
2 d 6s, 1909............
....A & O 117 118%
P en n . Co., 6s, coup., 1907-.Q .—J 1055s
do St. C ha’s B ridge 6 s, 1908
118
P en n . Co. 1 st M., 4 %s ,1921,. .J& J 110 1 1 0 % D ak. E x t.. 6s. 1 9 1 0 ...............M&N 116
do No. Mo., 1 st, 1 8 9 5 ...J& J 10 2 %
1st
consol.
6s,
1933
..............
J&
J
104%
Penn.& N.Y.Can.—1 s t. 7 s ,’9 6 . J&D
>102 102 %
99%
1 st consol.,reduced to 4%s ..J & J 99%
124
l s t m o r t .,7 s , 1 9 0 6 ...............
97%
97
86
M ontana E x t., 1 st, 4s, 1937. J& D
& HR. consol. 4s, 1 9 3 9 ...........A&O 93
10 *
W.
Je
rs
e
y
&
A
t.
1
s
t
M
.,6sl910M
&
e
P ac. E x t., 1 st 4s, £ , 1 9 4 0 ....J & J
P enn. & N . W.—5s, 1 9 3 0 ..---.-J& .J
W
est
J
e
rs
e
y
—1
st,
6 s, 1 8 9 6 .....J & J 103%
Minn’s
U’n
,
1
st,
6s,
1922
....J
&
J
"83*
Peo. Deo. & E v .—1 st, bs, 1 9 2 0 -J& J
I stM .,7 s , 1899.............. .........A&O 113
M ontana Cent.—1st, 6 s,1937J& J 110
2 d m ortgage, 5s, 1 9 2 6 .......M&N
W est Shore—G uar. 4s, 2361. . .J & J 103% 103%
97
1st, g uar., g , 5s, 1 9 3 7 ........J& J
E v S i8 v U l# D iv .,l8 t 6 8 .1 9 2 0 .^ * 8
103 104
W
est Va. C. & P itts.—1 st,6s,1911J& J 103
E a s t’n,M inn..1st,g.,5s,1908.A&O 101 %
Peo.& P ek in U r . -lst,6 s,1 9 2 1 .Q —F
West. V a.& P itts.—I s t5 s ,1990. A&O «110 11 2
W illm &S’x F .) st,5s,g.,1938.J& D 102
65
97%
2 d m o rt.. 4% s, 192J - - ; x r q ^ ^
West.
N
.Y
.&
Penn—lst.S
s
,
1937J&
J
120
St.P.& N o.Pao.—G en.68.1923.F& A
Perkiom en—1 st ser. 5s, 1918 . y —J
20 %
2d m ., 3s g.—5s sc. 1927
A&O 20 ___
89* i.A n.& A .P .,lst,g.,gu.,4s,1943.J& J " ö i “ 52
2 d s e r ie s 5 s , 1 9 1 8 .... . . . . . . Q- J
106
W
arren
&
F
ra
n
k
.,
ls
t,7
s
,’96F&
A
88
S anF .A N .P .- ls t,5 s ,g .,1 9 i9 ...J & J
P etersb u rg —Class A , 5s, 192b.J& J
104% 105
W
est’n
No.
C
a
r—
Con.
6
s,
1914.J&
J
112
SanduskyM
ansf.&
N
.—1
st,
7s,
1909
Class B . 6s, 1 9 2 6 . . ........A & O
W .Penn.—P itts.B r., 1 st 6s,’9 6 .J& J 102 % —
48
Sav.Am . & M on.con.,6,g.,1919.J& J
P n ila.& E .-G en .g u ar.,6 s,g ., 20.J& J
Gold 4s, 1928........................... J&D .........
Sav. FI. & W.—1st, 6s, 1 9 3 4 ..A&O
G en eral 5s, 1920....................A&O
106
W h eeling* L. E rie—1 s t,5 s,...1 9 2 6
At. & G ulf, con. 7s, 1897 ....J & J i 104
102
G en eral 4s, 1 9 2 0 .... ---■
98
105
W heel. D iv., 1 st, 5s, 1 9 2 8 ---- J& J
So.
Ga.
&
F
la.—1st,
7s,1899.M&N
Sunh. & E rie—1 st, 7s, 1897.. A&O
E x te n s. a n d Im p. 5s, 1 9 3 0 ..F& A
2d, 7 s, 1899.........................M&N 102
P h il. & B ead.—2d 5s, g., 1933. A&O
Consol.
4s,
1992
. . . - . ——. . - . J & J
72
8ciot.V
.&
N
.E
.-lst,g.,4s,1989.M
&
N
1 st, 6s, 1 9 1 0 . . . . . . . . . . . . . . . - -J& J
Wilm. Col. & A ug., 6 s, 1910 ..J& D 114
Seaboard & R oan.--6s, 1 9 1 6 ..F&A
Consol.M .,78,1911, reg.& op. J&D
90 100* Wilm. & W eldon—7s, g., 1 8 9 6 ..J& J 105
5s, coup., 1926.............. ....J & J
Consol, m o rt., 68^1911......J & D
5s, 19 3 5 .................................... J & J 1 1 0 %
Seat.L.S.& E.r—lst,g o ld ,6 s,’31.F&A
Im p ro v em en t m o rt.,6 s , 9 7 -A&O
Winona&S.W.—lst,6s,g.,1928.A & 0
42
T ru s t re c e ip ts...................................
Cons. 5s, 1 st se ries,1922— M&N
54%
W iscon. Cent.Co.—ls t,5 s l9 3 7 .J & J
Sham. Sun.& Lew.—1st, 5s,’12M&N
D eferred incom e 6 s . . . . . . . . . . - . - . 734 8
Incom es, non-cum ., 5s, 1937.......
8ham.V.& P o tts.—7s, cou. 1901 J& J 113%
New gen. m o rt.,4 s ,
a k a ' p
10 1
§100
Wore. N ash. & R .—5s, 1 8 9 5 ... Var,
S odus.B ay& S. 1 st 5s, g .,1924.J& J
1 st pref. in c., 5s, gold, 1 9 5 8 .... F
20
So. Cen. (N.Y.)—Consol, m o rt., 5 s .. .........
2 d p r e f. in c., 5s, gold, 1958— £
11 2
§
1
1
1
%
So. Car.—1st, 6s, 1920, tr. rec. A&O
3d p ref. in c., 5s, gold, 1958— F
115
2d m o rt., 6s, 1 9 3 1 . . . . . . . . . ...J & J
3 d p ref., in c., 5s, c o n v e rtib le .. .F
Incom e 6s. 1 9 3 1 ----------------------T erm . 5s, gold, g u ar., 1941.Q. F 102 %
Amer. Steam ship—6s, 1 8 9 6 ...A& O iÖ3%
80. Pao.,A riz.—1 st,6s,1909-10. J& J " 88"
P h il. B ead. & N. E .—4s, 194 * ........
B. & S.Car Co.—1st, g. 6s, 1942. J& J
80
P ac.C al.—1 st,6s,g.,1905-12 A&O 106
In co m es, Class A ......1 9 5 2 ........
B
o s to n * Mon.—7s, 1902-07. . M& n §1 0 1 % 102
90
1 st con. g, 5s, 1938......... ....A & O
Incom es, Class B . . . . . . 1 9 5 2 ......
Bost. U n. G as—58,1939 ,1 r.rec .J& J 82% 82%
p h ii.w . & B a lt.—D eb.4s, 1917A& 0 1 0 1 10 2 % 1 st cons, g., 5s, g uar., 1937. M&N 90
52
Ches.
& D el.Can.—1 st 5 s,1916. J& J 51
82%
Aust.acNorw .—ls t,5 s ,g .l9 4 1 J & J
81
6s, 190 0.................................... -&&£ §110 11 2
86 % 87%
Chic. G as L. & C.—g. 5s, 1 9 3 7 ..J& J
93
So. P a c .B ra n c h —6 s. 1 9 3 7 ....A & O
5 8 , 1 9 1 0 . . . . .............................. J&J? §109 1 1 1
104
103%
Chic.
Ju
n
e
.
col.
g.
5s,
19
1
5
---J&
J
So. P ac., N. M.—1st, 6 s, 1911 .J& J 95
T ru s t certs. 4s, 1 9 2 1 .........J & J 102
Colorado Coal & I —6s, 1 9 0 0 .. .F&A
100
Spok.Falls &N.—1 st 6s,g.,1939. J& J . . .
P ied. & Cum b.—1 st, 5s, 1 9 1 1 .F&A 98 100
Col. C. & I.D evel.gu.5s,g.,1909. J& J
S ta te L. & Sul.—1 s t 6 s, 1899. ..J & J i0 3 106
P in e C reek gu. 6s, ^eg., 1932. J& D
Col.& H ock.C l& l’n —g.6s,1917.J& J
_
1
1
1
S
tat.
Isl.
R.
T
r.—ls
t6
s
,g
.,1913.
A&O
Fit.C .C .& St.L .eon.4 %B A,1940A&O 103
4%
6
92 1 Comst’k T un.—1st in. 4s,1919.M&N
2 d m ort. g u ar. 5s, g., 1 9 2 6 ... J& J 85
Cons. 4%s, series B , 1 9 4 2 ...A&O 103 104
Consol. Gas, B alt.—6s, i 9 1 0 . . .J& J 114% 114%
104
8
unb.Haz.&W-B.—1st
,5s,1928M&N
Con. 4%s, series, C, 1 9 4 2 ...M&N 103 104
10
2
%
103
Consol.
5s,
,1
9
3
9
..........
.
.
..J
&
J
Pitt8b,C.& Ht.L.—1 st, 7s. 1900.F&A] 116 116% 1 2 d m o rt., 6 s, 1938, re g ....... M&N 104 ......... Oonsolid. Coal—Conv. 6s,1897. J& J 101
Sunb. & L e w isto w n ,) 8 ,1 8 9 6 ..J& J
P ittsb . LI. & Tol.—1 st, 6s, 1922. A&O1
g. 58.1936 ......... 84
PittSb.& Con’llsv.—lstM .7 s,’98.J& J 108% 109*" Susp. B. & E rie Juno.- - 1 s t 7s, 1900 107% . . . . ConsUm.Gas.Chic.—1st,
D env.C ity W ater Co. 5s,g.’10.M&N
'
Svr.Bing.&N.Y.—oon&ol.7s,’06A& 0 128 133
S terlin g eons. M. 6s, g., guar. J& J «127 129
D enver Con. G as i s t 6s, g .- - . 1911 §.........
T er.R R .A .S t.L .lst,g.4% ,1939,A&O
P ittsb .F t.W . & C.—1 st,7 s ,1912 Y ar 134
58
D etr.G as.—c o n ,ls t,g .5 s .l9 1 8 .F * A ? 57
98 1 Ö2
2 d m o rt., 7 s, 1 9 1 2 ....................V ar 133 ...... Ter.H .A P.—lst,5s,gu.,g.l942.M & 8 107
E a st R iv er G as—1st,g.5s,1942. J& J 96
T erre H . & Log’p t.—lst,g u ., 6 s,J& J
3 d m o rt., 7 s, 19 1 2 ......... .— A&O 128%
106
107
E
disonE
lec.
111.
Co.—1st,
5
s
...
1910
100
1 st a n d 2d, 6 s, 1 9 1 3 . . . . . . . . ..J & J
P ittsb . Ju n e . 1 st 6a, 1 9 2 2 ...... J& J 115
E q. G’s&F., Chic—ls tg .6 s ,1905. J& J 90
Tex. C ent.—lst,sk.fd.,7s,1909M & N
P itts b . & L ake E .—2d,5s,1928 A&O 100
....... G eneral Elec. deb. 5s, 1 9 2 2 ...J& D 85% 87
1 st m o rt., 7s, 1 9 1 1 ..............M&N —
P ittsb . McK.& Y.—1 st,6s,1932. J& J 121
Gr’dR iv.C l.& C.—1 st g.6s,’19 A&O
T exas & N ew O rleans—1 st,7S.F&A
122
2 d 6s, 1 9 3 4 ..........................
Hecker-Jones-Jewell. Mill’g 1st, 6s. §105 106
S abine D iv., 1 st, 6 s, 1 9 1 2 ...M&S 104
McK. & B. Y e r .ls t 6s,g.,1918. J& J 120
H enderson Bridge—6s, 1 9 3 1 ..M&tt 110% . . . . . .
90
Cons. g. 5s, 1 9 4 3 ................... F&A
P itts.P a in .& F .—lst,g.,5S ,1916J& J 90
H oboken L. & Im p. 5s, 1910..M&N
106
Tex. & P .—E a s t.D .ls t 6s,1905.M&S
P itts.S hen.& L. E . l s t 5s,1940. A&O
t i l s te e l C o .-D eb . 5s. 1910.. J& J| 80 ___
81% 82
1 st gold, 5s, 2 0 0 0 ................... J& D
82
P itts b . & W est.—1st, 4s, 1917.J& J
In d ian ap o lis Gas 1st 6s,1920.M&N 100 101
22
2
2
%
2 d gold in c., 5s, 2 0 0 0 ............ Mch
80%
M ortgage 5 ,1 8 9 1 -1 9 4 1 .— M&N
75
Iro n S team boat Co.—6s, 1 9 0 1 .J& J 65
T h ird A venue 1 st 5s, 1937.......J& J 115% 116
P itts. Y. <S Ash.—-1st,5s, 1927.M&N 100
Laclede Gas, St. L .—5s, 1 9 1 9 .. Q—F 87%
Tol. A. A.& Cad.—1 st,6s,1 9 1 7 .M&S 60
A sh ta b u la & P itts .—1st 6s, 1908. 116
109%
Lehigh C.&Nav.—M.4%s,1914.Q—J
80
Tol. A. A.& Gr. T.—lst,6 s,1 9 2 1 .J& J 70
P o rtl’nd& Ogb’g—lst6 s,g .,1 9 0 0 J& J §108 110
RR. 6s, 1897............................Q—F 106%
45
50
Tol. A. A. & L ake Mich.—1 st 6 s . . .
105
P o rt R o y a l* A ug.—1 s t,6s, '9 9 .J& J
Convert. 6s, 1894 ...................M&S 102
Tol.
A.
A.&M.P.—1
st,6s,1
9
1
6
.M&S
In co m e m o rt., 6s, 1899 . . . . . -J& J
M ort. 6s, 1897.............. ...1 5 J& D 107%
Tol.A.Ar.&N.M.—lst,6s,1924.M & N
P o rts.G t. F. &Con.—4% s,1937.J& D §110 112
Consol, m ort. 7s, 191 1 ......... J.& D 131%
1 st consol. 5s, g. 1 9 4 0 ........J & J
P o to m ac V a l.ls tg u .5 s ,g ., 1941. J& J
Gen. m ort. 4%s, 1 9 2 4 . . . . . . . Q—F 104%
Tol. & Ohio Cent.—1st, 5s, gu.1935
P res. & Ariz. C.—1 st g.6s, 1916.J& J
95
Mifdi. P en.C ar—lst5 s ,g .,1942. M&S 90
102
%
1st,
5s,
g.,
W
est.
Div.,
1
9
3
5
.A&O
2 d inc. 6s, 1 9 1 6 . . . . . . . ...........J& J
Mut.
Un. Tel.—Skg.f d. 6s, 1911. M&N 110 112
79
ToL & O. C. E x t.—1st, 5s, g., 1938.
F ro v .& Worces.—1 st 6s,1897. A&O §105% 107
91%
N
at.
L
inseed
Oil
beb.
6s,
1904----Do
do
g
u
a
r
................................
106%
107%
R aleig h & G aston—8s, 1 8 9 8 ...J & J
Ciat.St’rchM f.C o.-lst,g.bs,’20.M&N 93% 95
M a rietta M in., 1st, 6 s, g., 19 1 5 ..
Ren.&S’to g a—1 st 7 s,1921 cou.M&N 144
New E ng. Telephone, 6s, 1908 .A&O §106 106%
Tol.Peoria&W .—1 st,4s,1 9 1 7 ....J& J
R ic h .* D an.—G en.m .,6s, 1915J& J 116 117
25
New
O rleans P a c —L and g ra n ts ...
Tol. 8 t.L .& K .C .,lst,6 s,1 9 1 6 ...J& D
60
87
D eb en tu re, 6s, 1 9 2 7 . .....¿ ..A & O
101% N orthw ’n T elegraph—7 s,1904. J& J
U lste r & Dei. con., 5 ,1 9 2 8 ___J&D
Con. g. 5s, 1936,tr u s t oerts.A& O 73%
99%
99
O
regon
Im
p.
Co.—1
st
6s,
1910.
J&
D
U nited Co’s N .J —Gen.6s,1901.M&S 113%
»2
E q u ip . M. s. f. 5s, 190 9 -------M&8
54
55
Consol. 5s, 1939......... .......A & O
do
gen. g. 4s, 1 9 4 4 ..M&S 108
W ash. O. & W 1 st gu.4s,’24.F& A I 70
59%
58%
P
enn.
C
anal—6s,
1
9
1
0
.
.
.
.
.
.
.
.
.
J&
J
do
gen. 4 s, 1923 ....... F&A 102
Rich. & P etersb ., 6s, 1915— M&N 112 114
102%
P
enn.
Steel—1
st
5s,
1
9
1
7
.....M
&
N
106
107
do
gen,
4s,
1
9
2
9
.....M
&
S,
Rich. Y ork R. & Ches., 1 st 8s, 1894 100
People’s G.& C.Ch.-lst,6, g. ’04.M&N
ste rlin g 6s, 1 9 0 1 . . . . . . . ....... M&S 112 %
60
2 d m o rt., 6s, 1900.................M&N
2d
do
1904 ................. J& D 100
56% 56% Union P a c ih c —1st, 6 s, g, ’96. .J& J 104 104%
Rich.& W est P t.T e r., 6s,tr.rec.P & A
92%
1 st con. 6s, g., 1943.............A& O
1 st, 6 s, 1897.............................. J& J 104 104%
26% 26%
C on.col.trust, 1st, 5s, tr.rec.M & S
P
eoria
W
ater
Co.
6s, g., 1919.M&N
104
1 s t, 6 s, 1 8 9 8 ........... . . . . . . . . . . J & J
64
R io G rande W est., 1 st 4 s,1939. J& J
Pleas. Val. C o a llst6 sg .l9 4 0 .M & N
1 st, 6 s, 1899.............................. J& J 104%
85
R io G r’d e J u n c .ls tg u .5 s ,1939. J& D
P ro c to r & G am ble 1 st 6s, 1940— 1< 9 114
Om. B ridge, s te rl. 8 s, g., ’96. A&O «112 116
Rio Gr. S outh.—1st, 5s, 1940.J& J
St.L.B’dge&Tun.—ls t7 s ,1928. A&O «130 134
78
C ollateral tr u s t, 6 s, 1 9 0 8 ---- J& J
117
Rom e W-&0.—C on.,ex.5s,’22.A & 0
97
S unday Creek Coal—1st, g., 6 s —
58
R u tla n a —1 st M., 6 s, 1 9 0 2 ....M&N §111 111 % C ollateral tr u s t, 5s ,1 9 0 7 ....J & D
81
42% Tenn.C .I.& R .—T .d v .ls t6 s ,’17A& 0
C o llateral t r u s t 4% s,1 9 1 8 ..M&N
§ 100 % 101
E q u ip m en t, 2d 5s, 1898.... FA *
83
B
ir.
div.
1
st
con.
6s,
1
9
1
7
....J
&
J
90
Gold 6 s col. t ’s t notes, 1894.F& A 85%
68
Bt. Jo . & Gr. Isl’d—1 st,guar.6s,1925. 65
84
82%
U. S. C ordage 1 st col. 6s, 1 9 2 4 .. J <sJ
96
95
E x t. s. f., g., 8s, 1899............ M&S
2d in o rt., in c , 5s, 1925, coup, off
108
U.S.L’th
C
o
.
s.f.deb.6sg.l915.M
&
N
88
E quipm ent T ru st 5 s .........A & O
K an. C. & Om. 1st 5s, 1 9 2 7 ..J& J
W’n U n.—Deb. 7s, 1875-1900.M&N 107
K a n s .P a c ., 1 st, 6 s, 1 8 9 5 ....F & A 100
St. L. A lt. & T. H .—
D eben. 7s, 1884-1900.......... M&N 107
do I s t M ., 6 s, 1 8 9 6 .....J & D 100
£ello v .& 8. 111.,1st,8.F .8s,’96. A&O
Collat. tr u s t cur. 5s, 1 9 3 8 ....J & J 106
104%
104
do
D
en.
E
x
t.,
6
s,1899.M&N
Bell©v.& C ar., 1 st 6s, 19 2 3 .. J& D
70
W
h.L.E.& P .C o a lls t g.5s,1919. J<kJ
80
do 1 s t cons. M .,6s,19 1 9 M&N 79
Oh S t L .& P a d .,ls t,g ., 5s, 1917.. 103 106
STOCJS.S—R
A I L R O A D , P a r.
O
en.B
r.U
.P—
A.&P.
P.6s,’95
M&N
92
83
Bt. L South., 1st, 4s, 1 9 3 1 ..M&8
8
7
Ala.
G
t.
S
outh.—A.,
6s,
p
r
e
f.,.£
1
0
104
F und, coupon 7s, 1895 ...M & N
do 2d, incom e 5s, 1931 ..M&S
2%
1%
B, c o m m o n .............................£ 1 O
40
Atoh.Col. & P .,lst,6s,1905Q .—F
C arb. & Shaw ., 1st g.4s,1932.M&S
%
%
Ala.
N.
O.
&
P
ac.,
&c.,
A,
p
r
e
f
.£
1
0
At.J.Co.& W .,lst,6s,1905.Q ,—F
40%
S t. L. &Ch. 1 st cons. 6s, 1927.. J& J
%
do
do
B,
deL
.
£10|«
%
35
L
in.
&
C.,
1
s
t.g.>
5s’1
8
.....A
&
0
8 t.L.& B.F.—zd bs, cl. A ,1906. M&N 110
I* Price nominal* c'Urouaser also pays accrued interest. «In London. II Coupon off, 1 Price por share, t i n Amsterdam +11 s rankfort.
r a il r o a d

B onds .




B id. Ask.

J

uly

21, 189,4]

THE CHRONICLE.

109

ü - S N E iß A - L i Q U O T A T I O N S O t? S T O O IC S A N D
B O N D S — C o n t in u e d .
F or E xp lan ation » See Notes at H ead o f F irst P age o f Q uotations.
R ailroad Stocks .
Bid. Ask.
R a il r o a d St o c k s .
Bid. Ask.
m is c e l . S t o c k s .
Bid. Ask.
Mis o e l . St o c k s .
Bid. Ask.
A la. dc V icksburg.......
Iow a C ent., p r e f ...100 32
35
S I*Louis A lt. &T. H. 100
32
35
St. L ouis, L aclede. 100 16%
Alb. de 8u s..g u.,7—100 167 175
•Can. de M ich.............. .
7%
8
do
P re f.1 0 0 165 185
„ do
p re f.1 0 0 67
A tch. Top. & S. F e.100
4^8 4% K. C. Sub. B e lt... 100
20
St.Louis S outhern. 100 96
San F rancisco G as . . .
71%
Atl. & C har. A ir L .. 100
84
85
San.G.Ft.S.&Mem.lOO
7
9
St. L. de So’w e s t... 100
3%
4% N .Y . & B K ’ K L Y N
A tla n ta & W. P ....1 0 0
75
80
'Can.C.Ft.S.de G .pf.100 35
40
do
P ref.1 0 0
7
8%
H
O
R
S
E
H
i
t
s
.
A tla n tic de P a o ___100
1 % Kan.O.Mem.dc B ir.100
“'8
St. L. V an. de T. H . 100
Local Securities in
Aug.de S ay .,leased,100 83*9 85
Kan.C.Cl’ndc Sp’d.1 0 0
St. P a u l de D u lu th .100 22
26
Ch r o n ic l e each week
B altim o re & O hio.. 100 711« 73%] te o k u k fc D es M .. 100
do
P ref.100
85
95
except 3 d o f m onth.
do l s t p r e f .,6 ..1 0 0
128
do
p re f.. 100 13
S t.P .M inn. & M a n .100 102% 105
TELEGRAPH,
do 2d, p re f....... 100 109 115
Keokuk <&West’n..lO O
Sharon of P a., g u a r.
Am
er. Tel.de Cable. 100
B . A O . 8.W . B y. .100
K ings Co. E lev ated
" 'Ï
8
Shore L in e ,.. . . . . . . 1 0 0
Cent, de So. Am. Cable
do
p r e f ___
10
14
bake t r i e dc W ....1 0 0
15% 16% South C a ro lin a ....1 0 0
Com m er’l Cable Co 100
B eech Creek, guar. 50
do
P ref.100 65% 67% South. Cal. p re f....100
9
11 F ra n k lin .................. 100
40
Bellev’e & S .lfl.,p f.l0 0
L. 8h. & Mich. S o ..100 129% 130% S outhern P ac. C o ..100 18
19
Gold de S t o c k ..... 100
104
B oston de A lbany.,100 206" 206% uehigh V alley.........50 » 36
37
S’w est., G a., g’d, 7.100 70
100
M
exican..................
200
B oston & L o w ell.. 100 x l9 0 190% L ittle M iam i.............50 168% 168% S tate L ine & S11II.... 8O 9 . . . . . .
N orthw est, g u a r___50
B oston & M a in e... 100 146% 147
L ittle Schu’k ’l . . —..5 0 s 65
65% 8um m it B ra n c h ,P a . 50
4%
Pacific de A tla n tic ...
Bos. dc M aine p ref.1 0 0 146% 147
Long I s la n d .............. 50 8 6 % 89
S unb’r y <feL ew ist’n.50 s 60
P o stal Tel. C able.......
Bos.& N.Y.A.-L.,pf.l 00 100
Long Islan d T rac ..lO O
14% 14% T erre H. de I n d ’n ap .5 0 1 100
South’n de A tla n tic .25
B oston de P ro v .......100 x255 257
uou. Evans.de St. L.100
T exas C e n tra l___. . . . .
11
15
W estern U nion___100
Bos. R. B each de L .100 80
80%
do
P ref.100
do
p re f.
30
24
TELEPHONE,
B rooklyn E lev’t ’d . 100 11
13
Louisv. & N a s h v ..l0 0
45% 45% Texas & P a c ific . . . 100
8 % 8% A m erican B e l l .. ..1 0 0 191% 192
Bklyn. T ra c tio n ... 100 12
15
L. N. A. dc C hicago.100
7%
7% rol. A nn A rbor <fe N.M
4
4%
E
r
i e ........................ 100
45% 45%
do
P re f.. 100 65
70
do
p ref.1 0 0
24% 25% Toi. de Ohio C ent’1.100 34
35
H udson R iv er....... 100
34
Buff. Roch.de p .......100
36
23
Louis. St. L.& T ex.100
5
1%
do
P r e f ...l 00
69
75
M
e
x
ic
a
n
............
.
...1
0
85o.
do
P re f.. 100
90o.
62
Louisville South’n.100
4
4% Toi. Peor. de W est.100
N.Y.de New Jerscy .1 0 0
B. C. R. & N o rth .. 100 49)9
Mahoning Coal R R .50 100
Toi.St.L.de K. C ity ..100 " Ï
* 3 " New E n g la n d ....... 100
62% '0 2 %
Cam den & A tlan tic. 50
do
P re f.. 50
do
pref.. 100
6%
9% T ro p ic a l..................1 0
do
do P f.5 0
Maine C e n tral ....IO C 111 114 U lste r deD elaw are .100
T
R
U
S
T
CO>S
C anada S o u thern. 1O0 48% 49% Man. dc L aw ’ce___100 233 236
U. N .J .R R dcC. Co. 100 233 234
A tla n tic ..............—100
Ca aad lan P a c ific .. 100 65
66
M anhattan, c o n ... 100 116 117
Union P a c if ic .... .100 10
B rooklyn T rust ...1 0 0
C a ta w lss a ................ 50
4% M assaw ippl...........100 x i l 7 120
Un. P ao. Den. de G. 100
3%
4
C
e n tra l.................... 100
do
1 st p f..5 0 ; 52
Mexican C e n tral ..100
7% U tica & B lack R iv. ] 00
6%
C o n tin en tal ... . . . . 1 0 0
do
2 d p r e f ..50 f 4919
M exioanN at., T .R.100
2
Vt.de M ass.,l’sed,6.100 145% 146
F
arm
ers’L oan A T r.25
O edarP . & M in n ... 100
4
e
M ichigan C e n t.... 100 93
96% V irginia M idland.. 100
F ra n k lin ..— . —...1 0 0
Cent, of G eo rg ia... 100 17
20
Mine H ill & 8. H ... .50 s 6 8 %
W abash R R .......... 100
6% H a m ilto n .............100
6
10% 11
C en tral M ass..........100
Minn.de St.L, t. reo.100
4
5
do
p r e f . . 100 14
14% H olland ................. 100
46*9 47
do
p r e f. 100
P re f., tr u s t r e c .. 100 15
18% W arr’n(N .J.),i’s’d,7.50
K ings C o unty........100
Cent, of N .J _____ io o 106%] 108
M in.8t.P.dcS.S.M ..100
W
est
E
n
d
(B
o
st.)...5
0
s
48%
"*49"
K nickerbocker — 100
C en tral O hio.............50 8......... 50
do
p r e f .... 100
do. pref. (Bos.) 50 a 77% 78
Long
I s l a n d 100
do
P r e f ...50 S ............ 55
Ikjo. K an. dc T ...
13% 13% West J e rs e y ............. 50 8 55
56
M a n h a tta n ............... 30
C e n tral P acific___100
11 % 12 %
do
p r e f ... 100 201« 2 1 % West Je rs e y de A tl.. .50 8 14
20
M
ercantile.........
, —100
5
Char. Col. & A u g .. 100
20
Missouri P ac ific ... 100 26% 26% W estern M ary lan d .5 0 8......... 15
M etropolitan.
..1 0 0
Ches. de Ohio...............
16% 17 M obile dc O hio....... 100
18 ~ 20
W est. N.Y.de P e n n . 100 8 1%
N
assau
.....................
100
Chicago & A lto n .. 100 140 142
Morris dcE’x , g u .,7.50
Wheel. <fe L. E ....... 100
10
10%
N.
Y.
G
uar,
de
Ind.
100 320
_
do
pref.100
N ash.C hat. dc St. L.100 65
75
do
p ref .100 41% 46
N. Y .L ife de T ru s t. 100 670
Ohio. B ur. dc Q uin. 100 75% 75% N ash. & D eca tu r. ..2 5
___ _ , N .Y .Security de T r.100 230
Wil.
Colum
bia
de
A
.100
...■■•
Chic. dc E a st. 111... 100
N ashua & L o w ell.. 100 2 1 0 " 2*15
Wilm. de W eldon, 7.100
100
Peoples’, BrooklynlOO 210 240
do
p re f. 100
N a u g a tu c k ............ 100 ¿245
W inona <&So.WestlOO
R eal E s ta te L.de T .1 0 0 150 160
Chic. G.W., 4 p. c. Deb
N ’squehoning V all’yöO 8......... 54
Wisconsin Cent. Co 100
3%
4
S
ta te .........................100 185 195
5 p e r cen t pref. A ...
N ew H ’n dcN orth.,100 8 92
do
P re f.1 0 0 . . . . . . 25
U nion.................. ...1 0 0 6»0
Ohio. Mil. * s t . P .1 0 0 59% 59% New London N o r.. 100 185
Wor.Nash.dfc Rooh.100 x l l 5 115% U nited S ta te s......... 100 835 700
do
p re
845
) 119 119% N.Y.Cent.de H .R iv.100 97% 97% COAL & M I N I N G
U. S. M ortgage Co. . . . 165 163
Chic. dc N orth w’
) 105 105% N.Y.Ch. & St. L .new 100 12 % 14%
STOCKS, N.Y.
W ashington........ .. 100 175 185
do p ref..
140 143
do
1 st p re f.1 0 0
60
68
87
A
m
erican
C
oal.
.
.
.
.
.
25
MISC> L L A N E » U S
» .........
3
do
2d pref.1 0 0
24
28% Col. C. <fel. D eveL .100
6
7
STOCKS.
67% 67% N. Y. & H arlem ....5 0
Col. F u el & I r o n . . . 100
23% 26
A dam s E x p re s s ...1 0 0
36% 36% N. Y. Lack, «fewest... 100
do
P r e f ..100 68
72
Am.
B
ank N ote Co.. 50
do
» 113 116
N. Y.L.Erie& W est.100 14
14% Col. & Hock.C. de 1 .100
7
8
Am. C otton O il.... 100
10
11
do
P ref.100
Consol.Coal of M d .100 27%
do
p ref.1 0 0
160 162% N Y. & N .E .$ 1 0 p d .l0 0
14
14% H om es ta k e M in’g .100 14
16
A m erican E x p res.1 0 0
10
15
do P f.$ 1 2 % p d ..l0 0 42
45
Leh.& W ilkesb.Coal 50
Am
er.
8
traw
B
o a rd ...
S 54%
55
N. x .N H.de H artf.1 0 0 177 183
M aryl d Coal, pref.100 30 ‘ *5*0" Am er.Sug.Ref,Co.........
1 18%
N.Y. O nt. de W e st..100 14% 15
M innesota ir o n .... LOO 45
50
do
p
re
f....... .
95
•5Ó N. Y. P a. & O ...............
% New C e n tral Coal .100
%
7
9
A m erican Tob. Co. .50
do
86 %
.......
2
do
p re f.........
%
%
8
O
ntario
Sil.
M
in’g
.1
0
0
10
do
p
re
f..
100
. C. (
102
36% 37% N. Y. PhU. de N orf.100
300
P en n sy lv a n ia C oal.50
325 ' Am. T ype F o und’rs, p f
do
40
75
85
N. Y.Susq.A W est’nlOO 14% 14% Q uicksilver M in’g.100
2% 3
A spinw all L a n d ....10
5%
150
do
P ref.100 40
41
do
p re f .100 13
18
B arney de S m ith Car
.........
N. News <&Miss.Val.Co
Tenn.Coal&IronColOO
18%
18%
B oston L a n d ...........10
16
Norf. & Sou__ ... . 100
17
55
do
o re f .100
Boston W ater P o w e r..
P ref.
60
66
Norf.dc W est,, com .100
ELECTRIC,
Brookline (M ass.)L’d 5
180 182%
do
pref.100 19%
B rush, B ait., p re f.1 0 0
80
B
runsw ick Co....... 100
Con. de M ontreal ■
No. P e n n s y lv a n ia ..50 8 86
Common ......... ..1 0 0
C anton Co. (B alt. 1.100
xl44% 145
N o rth ern C e n tr a l... 50 66
67
Con. Elec. S to ra g e .....
C. J . R’y ’s U. S t’k Yds
x l5 tí 156% N o rth e a ste rn ...........50 8 45
48
E dison 111. Co. of N.Y. 95% 98
do P re f................. 100
165 175
N orthern N. H ....... 100 x!48% 149
“
“ “ B klyn.
Olaflin Co..............—100
X127 128
N orth’n P ac., co m . 100
4
3%
“
“ B o s to n .... 118 Ï2Ô
do 1st pref.non-c. 100
x226 228
do
P re f.1 0 0
14
14% F t. W ayne E lec.C o..25 8 2%
3
do 2d pref.non-c. 100
30
35
Norw.ds W orcester. 100 x l6 5 166
Gen.
E
lectric
C
o
...
100
36%
36%
Con.
K an. 0.3. de R..25
Day. dc M ien., gi
75% 76% Ogd. <& L. C ham p. 100
2
2%
do
p re f .10 0 . . . . . .
Diam
ond M atch Co
do p i., gu. .8.
174 175
O hio Soucnern....... 100
40
20
In
t.
C
onduit
dc
Ins.
100
52
'
D
ist.
de C. Feed. Co. 100
......... ......... Old 'C o lo n y .......... ICO x l7 9 j¿ 180 E dis’nPhoa.ToyM f.Co.
50o.
E
ast
Boscon
L and. . . .
, 130% 131
Oreg. R ’y de N a v .. 100 12
20
N o rth Am er. Phon. Co.
1
3
F ren ch m an ’s B ay L d.
163 164
Or. 8. L. de U tah N.100
4%
6 Thom.-H. Sac. S er.0 .1 0 8 4%
4%
H
eoker-J.-J.
Milling,
pf
Deny. & R io Gr.,
......
P ennsylvania R R . .50 8 48% 49%
do
do S e r .D ... 8 4%
4% H enderson B ridge.100
.........
do
pre
P enn. <fe N orthw esi.öO
Thom.-H. In te rn a t. 100
100
Illinois
S
te
e
l.........
Des M. & F t. D ’g
5%
7
Peoria Deo. & E v ..l0 0
2%
3%
do
p r e f.. 100
Iro n S te a m b o a t... 100
do
p re
28 ......... Peo. & E a s te r n .... 100
3
5*9 Thom. W elding Co. 100
K eeley M otor....... 50
X 90
92
P e te rsb u rg ....... . 100 85 105
do Europ.W .C o .100
L am son S tore Ser. .5 0
•20
•25
Phila. & E r i e . . . . ...5 0
20
U. S. Illu m in ât. C0.IOO1
Lenigh Coal deNav. 50
do
5
7
P hil. G erm . <&N o r..50 «135% 136
West. E l. L. Consol.501 8 33% 34
M anh’t t ’n B’ch Co. 100
ith S
4% 5% P h ila. & R ead. . . . . . 5 0
17% 17%
Do
p
re
f.......
50
8
51%
51%
M
averick L a n d ..— 10
do
2%
13
17
Phila. & T re n to n .. 100 228
GAS STOCKS.
M etropol. T rao t’n.. 100
Î 6%
7% Phila. Wilm.& B a lt. 50
B
alt.
Consol.
G
as
.100
65%
66
Mex.
N at. Const, pref.
do
Î 13
14
P itts. Cin.O.dcSt.L.lOO TÓ% 11
B
ay
S
ta
te
..................
50
8 7%
7% m t k ,-Pensu.Oar..lOi>
do
t 9
9%
do
p ref.1 0 0 40
42
B rooklyn................... 25 102 105
do. p r e f ...... 100
s 53% 54
P itts. de Connell’e ..5 0 s 5
C itizens’. . . . . ........ 20
- n . 60
M orris C an.,gu. 4 .1 0 0
77% 78
P ltts.F t.W .A C .,guar.7 150
F u lto n Mlunieip.lOO 125 127
do
p f.,g u .l0 .1 0 0 180
73 ......... P itts. J u n o t... . . . . . 50 s . . . .
32%
M etropolitan. . . . 100 130 135
Mt. Des. <feE.S.Land.5.
do
5o,
41% ......... Pitts.M .K .& Y ough 50 s 61
63
N a s s a u ................25
155
Nat.
C
ordage
(n ew )..
......... P itts.V a. dc C harles.50 8 45
47
P eople’s .................. 10
70
d
i
tr.reo.
a
ll
a
sst.p
’d
do Pref.,
65
67
P itts. & W e s te rn ...5 0
5
W illia m sb u rg ___50 138 145
do
do
P re f.
51
55
do
P r e f ..50 20
26
C hariest'u,S.C .,G as.25 8....... . 21
38%
12
13
;Pitts.Youngs.& Ash.SO s 45
C
h
a
rtiers
V
alley..IO
O
12
s
11%
do
p
ref.
84%
do P r e f ....100 X 69% 70
do
p r e f . . . . 50 * 60
Chic. G as t r . r e c ... 100 75% 75%
Flint & P e re M ar q. 100
17%
15
]P o rt. Saoo & P o rts . 100 x l2 9 130
Cinein. G. de Coke. 1 Go 202% 203%j
10
do
p r e f.. 100 33
33% JP o rt R oyal <fe A ugusta
D enver C o n so l...,1 0 0
1st Pref
Fla.Cen.dcP. -Y .T.C er. t 10 % ......... ]P rov. & W orcester. 100 248 250
artfo rd , C t., G. L..25 31
2 d P re f......................
do 1 st pref.cum . 100 . . . . . . ......... ]R ons. & S a ra to g a .. 100 177 182 H
Indianapolis, l a d . . 50
do 2dpf.non-eum . 100 1 37% 38 IRich. F . & P ., oom .100 112
Je rs e y (JityUaa L ight. 180 ......... N. Y. L oan dc Im pr’t .
G a. P ac. tr. r e c ...l 0 0
4
5% R
i ichm ond <fe P ’b ’g.100 98 105
CsDSUmers’ G as-L...
59
62
' Am erioanOoH
Ga. RR. & B ’kgC o.100 143 145 JRioh.& W .P.Ter .tr.reo
P eople’s G as L ig h t.. 170
m Im p ro v e.. 100
Gr. R apids & In d .100
5
do 1st in stal. p aid
L ouisville G as L ig h t. 104 105
oM ailQS, Co. IOO
Gt. N orth. R y . p re f.. 100 104
do 4 th instal. paid
11 % 11 % M em phis G as................
lylv. ¡Steel..—100 s.
Gr.B. W. &St. P ...1 0 0
4%
6
do P re f.tr.re o . 100
17% 18
N. O rleans G as L .100 e l l 3% 114%
H a rtf’dde Ct. W est.100 19
30% IRio G rande W est.. 100
N.Y.
City—C
e
n
tra
l.50
105
.........
Hous. dc T ex.C ent. 100
do
P r e f .. 100
C o n so lid ated . . . . J.00 124 125
P re f. 8 p. 0. cam ,100
H unting. & B r.T op.50 g
33
I
Rom
e & C lint jn , g u ... 133 135
E q u itab le . . . . . . . 1 0 0 179
L81
do .
P re f.5 0 8 5 Í ......... 1UoineW.&Ogd.,ga.lOO 112 113%
M utual.......... ...1 0 0 150 ......... 1
Illinois C e n tr a l... 100 90
91
1R u tla n d ..................100
2
1%
S tan d ard G as,pf. 100 80
do leased L ,4 p .c. 100
Do p re f., 7 ...1 0 0 70
71
P h ilad elp h ia Co___50
18% 19
2d pref. c e r t....... 100
Iowa C e n tral.........100
9
9% St.
S Jos.de G ’d Isl’d.100
P o rtlan d , Me., G. L.50
R R .100
• P r ic e nom inal, fc P u rc h a se r also p ay s accrued in terest, a Q uotations dollars o er sh a re, e In L ondon, f i n A m s te rd m . i 31 asst, p a l 1.




.....

110
---

- - --

THE CHRONICLE.
"

--------------------- ----

GESÏÏRA.L QUOrA.riO X 3

■

OF SL’O O O

-

[V ol.

LIX

............. ........——------------------ --------

ANTD BOtfD 3 — C o n c l u d e d .

F o r E x p la n a tio n see N otes a t H ead o f F ir st P age o f Q u o ta tio n s.
Miscellaneous St ’k s . Bid.
50
T ex. & P ae. L’d T r.l 00
arT. 8. fiord ag».........100

211*
56
35*s
50
57
U. 8. R u b b er C o ... 100 34
89
110
2
3
W est’n U n io n Beef Co.

M IN IN G ST O C K S5
*{N. Y. & SAN. FRAN.)

B odie....................... 100
B reece................ .......
B u lw e r____ _____ 100
C aledonia B. H . . . . 100
C h o llar....................100
'C om stock T unnel s t’k.
Consol. Cal. & Y a........
Crow n P o in t.......... 100
D en v er City C o n ......
D u n k in ___’ . . .......... .
E l C h r is to ......... ...
E u ’k a C o n ..............100
F a th e r D e 8 m et___100
Gould& Curry s.3 0 .100
R a le & N o rc ro s s..l0 0
H o rn S ilver......... .........
Aron S i l v e r ..... . . . . . 2 0
Iro n H ill................... .
K ings. & Pem br’k e Iron
L acro sse....................10
L eadville C onsol.. . . 10
L ittle C hiei.............. 50
M e x ic a n .................100
M o n o .......................... .
M o u lto n ........................
N a v a jo ................ ..1 0 0
N o rth Belle Isle ...........
O p h ir .............. . . . . . . 1 0
O rien tal & M iller....... .
Phoenix of A riz...___ _
P ly m o u th ....... ....
R obinson Couscl. . . . 50
S av ag e____ „________
S ierra N ev ad a....... 100
S ta n d a r d ____ ....1 0 0
U nion Consol......... 100
U ta h .........................
Yellow J a c k e t..............
M A N C F A C T ’IN G .
Am. Linen (F.R iv)..100
A m ory (N .H .)....... 100
A m oskeag (N.H.) 1000
A ndroscog’n (Me.).100
A ppleton (Mass.).lOOo
A tlan tic (M ass.)... 100
B a m a b y (Fall R iv .)...
B a rn a rd Mfg. (F.R .).B a te s (Me.).“ . . ....1 0 0
B oo tt Cot. (Mass.) 1000
B order City Mfg. (F.R.)
B oston Co.( Mass, j 1000
B oston B e ltin g __ 100
B ost. D uck (Mass.)700
Ohace (Fall R iver). 100
Chicopee (M ass.).. 100
Coeheco ( N .H .)....500
Collins Co. (Conn.) 100
C o n tin en tal (Me.). 100
C rystal Spr. Bl. (F.R.)
D avol Mills (F.R .).100
D w ight (M ass.)___500
E d w ard s (M e.)....1 0 0
E v e re tt (Mass.) . . New
F lin t Mills (F.R.).IOO
F ra n k lin (Me.)__ 100
G l’be Y.Mills (F.R.) 100
G ran ite (F.R .)........ 100
G re a tF a lls (N.H.) .100
H am ilto n (Mass.) 1000
H a rtf. C arp et (Ct.)100

•20
>03
•15

•13
•90
1-00
•10
•20
•10
•02
3-25
•50

•15
•10
•50
•60
2-75
•1Ó

Manufact ’g Stocks - Bid.

Ask.

55
59

110
Salm on F alls iN. H . »300 x237
3hove (F all R iv .). 100 100
81a/ift iFfl.ll Riv.) lOO

265
290
242
132
102*2 C ontinental N a t... 100

22
61
37
100
54
58
36
T rem ont &3. (Mass) 100
U nion C. Mf. (F.R.) 100
91
115
218
lOO

Rank of C om m erce.15
..1 0
•25 Com. & F a rm e rs'. 100
F arm ers’ B’k of Md.30
.40
.100
G erm an A m erican. 100
...1
..3 0
10
100
•30
N ational E x ch ’ge 100
20
Second N atio n al. 100
100
..7 5
-.2 0

•64

1*75
•10
•10
•50
•33
•65
1-50 2 0 0
•40
•40
92
127 r«
1605
135
525
73

93*3
li 8
1610
140
550
75
108
80
83
x l 2 l 123
1100 1150
132
950 975
172*s 173
960 990
100 105
99
320 325
1O0
34*« 35
x780
x !2 6
93
100
x ll2
98
110
119
55
x 58
160
800
98
545
550

90
feOO
130
fc8*s
113
100
1191s
940
75
60

100
100
100
B lackstone............
B oston N ational. 100
B o y lsto n ........... 100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
F reem an’s ___. . . 100
G lobe..................... 100
100
100
100
100
M an u factu rers’ .. .100
lo o
M arket (B righton). 100
100
M echanics’........ . 100
100
M e tro p o litan ....... 100
100
100
100
100
N orth A m erica... 100
Old B o s t o n ....__ 100
People’s ................. .100
R ed em p tio n _____ 100
100
R e v e r e ....___. . . TOO
100
Second N a tio n a l.. 100
100
S b aw m u t.............. 100
10(0
South E u d __ . . . . 100
S ta te ...................... lo o
10D
100
100
100
100
100
W ebster................ 100
W in th ro p ............ 100

900
555
600
100
123
510
100
560
68
104*4
860
85
ito
1085
122
N orth S i d e ........
480

950

144 146
16%
20
123
44

Bid.

123 124
117 117*2
95»« 96
96
96*4
125 130
170
201 203
137 142
84
86
106 108
117*« 118
80
85
126 128
122 122*2
85*2 86
130 131
84»s 85
126 126*2
129*2 130
239 242
125 130
115*« 118
87
90
89
89*2
H O 112
108 108*2
100 101
79*2 80
100 100*2
87
89
91
96
97
116*2 117
159
158*2
97
95
229% 230
121 123
169 159*4
116 118 '
118
118*2
104 104*2
163 164
122*2 124
150 152
«9 100
142 142*«
184*4 la 5
225
118 *4 119
88
88*2
85
84
114*2 115
99
99*2
90
9 *4
65
70
86*2 87
131*2 132
108% 109
100 100*2
116 118

100 185
100 165
100
50
100
100 459
..4 0
100
100 140
100
30 220
50
255
100 260
100 160
..5 0 161

100 22C
100 160
1500
1290 vVallabout............. 100
1121*
102»« American Exoh. N a t..

105
105

125
130
235
100
115
87
245
275
200
145
137
290
140
160

81
x 15
15*3
Canal & B a n k in g .. 100 x l5 0
96% ib ó
Citizens’.............. ..1 0 0
20
x l8 8 )é 210
xl6Ö
92

W hitney N ational. 100 350

85
x720
97*«
114

H udson R iv er....... 100
Im p o rters’ & T r ...l 0 0

M echanics’. . . . . ___.25
M echanics’ & T r ....2 5

140
525
135
180

P h i 1a d e l p h i a . s

185»«
210
170
140
170

«thru* At. T f lo f '- O T

J 75p«ccgatpaicUn,«a§ù,

_ 1 AO

§411 ex-eliYiden<i.jl

•350

190
225
180
165
190
139
120
6
450

156
108

264
102

B oatm en’s ___ . i ÒÓ
B rem en.... ........... . . l o o
Citizens’_____ ___ 100
C om m ercial...........10Ò
F ra n k lin .................10Ò
G erm an_____

.. 10Ò

L af a v e tte .............. . 1ÒÒ
M echanics............ .100
M erchants’ N at’l . . 100
M ullanphy_______100
N o rth w e ste rn ___ 100
S tate B a n k ...............50

268
50%
104

89
96
70
85

164
157*3
200
82
120
135
265
114
350
225
300
525
150
100
325
220
140
230
80
220
102
180
104

2 i7
F irs t N at’l G oid...lÒ Ó 178
x 110 London P a ris & À ___ 119

20 0

Ask,

150
110

N e v a d a .............. .........
IN S U R A N C E
A m erica..................100 190 210
STOCKS.
150»« 153
N ew f o r k .
A m erican ..................50
2 2 t 250
Bow ery.....................2 5
B roadw ay.......... . 2 6
'B utchers?& D rovers’25 165 180
120
C itizens’ ................... 20
450
Com m onw ealth . . . 100
350 400
C o n tin e n ta l_____ 100
4200 470i E a g le ......................... 40
E m pire C i t y . . . . . . . 100
C ity.......................... 100 425
F a r r a g u t..! .............. 50
C itizen’s ................... 25 135 150
G erm an-A m erican 100
Com m erce.............1 0 0 172 176
G erm ania..................50
120
G lobe..........................50
G reenw ich......... . ..2 5
Corn E x c h a n g e . . . 100 285 295
H a m ilto n ................ 15
25
H a n o v e r ..................50
E a st R iv e r..............2 5 140 165
H om e____ ______ 100
2000
K ings Co. (B’k ly n ).2 0
N assau (Brooklyn) 50
2500
N atio n al........... r..37*a
113
N
iagara . . . ............... 50^
F irs tN a t. of S ta te n Id..
120
rara N orth R iver .............25
F o u rte en th S tre et. 100
191
F o u rth N ational ..1 0 0
198
Pacific........................25
P e te r C o o p e r_____ 20
G allatin N ational ..5 0 300 325
P h en ix (B’klyn) ...5 0
R u tg e r s ....
___25
Germ an A m erican ,.75 117
S tu y v esa n t............... 25
U nited S ta te s . . . . . . . 25
G e rm a n ia . . . . . ..'1.100 300
150
W estch ester.............10
H anover.............. ..1 0 0 310 330
W illiam sburg C ity ..50

152
170
Second N a tio n a l...100 300
120

!

S tate of N. Y ......... 100

P e n n N a tio n a l___ 50
P hiladelphia N at’l. 100

160
112
125

135

110

250

140

Bid.

F o u rth St. N at’1 ...1 0 0
G irard N atio n al___40

160
215
New Y ork C ounty. 100 500
110
N inth N atio n al. 7.. 100 117
125
140
220
170
P a rk . . . .
__ 100 270
265
110

200
140

I ns chance Stocks .

210
........
100 1Ö2
210 215

M erchants’ E x c h ’e.50 i i ô
M etro p o litan . . . . . . 100
40Ö
160

197
400
115
130

Ask.

150
280 300
100 110
94*2
135
375
140

126*2
220
96
44% 45%
112*2
121
84
105
F ifth N atio n al ....1 0 0
242%
10*4 11
250
40
38
16
137*«
148*2
134
120
16*3 18
Ohio V alley N a t’1.100 137*2
195 210
325
90
91*2
155
82*s
340
41
39

280

* rnt.au. nominai, « Price per stare—not per ogni




B ank S tocks .

110
955
101
1250 1300
x l 0 120*2 H ide a n d L e a th e r. 100
170
103*2
100
48
22*2
Y ork Co. (M e.)... .750 810 815
Nat. Bk. of A m e r..l0 0
N at.B ’k of R e p ...100
B A N K STOCKS.

03
•03
•13
•80
•10
•15

H olyoke W .Pow er. 100
Ja ck so n (N. H .)..1 0 0 0
K ing P hilip (F.R .). 100
L aconia (Me.)....... 400
L an o ast’rM . (N.H.)400
L r e l Lake Mills (F. 8.)
L aw rence (Mass.).. 100 121
Low ell (M ass.)___690 490
Lowell B leachery.100 x 99
LowellM aeh. Shop.500 640
L ym an M. (Mass.). 100 67
M anchester (^(.H.) 100 x l0 4
Mass, c o tto n ....... 1000 850
M echanics’ (F. R.) 100
M erchants’ (F. R. j 100
M errim ack (Mass)lOoO x l0 8 0
M iddlesex (M ass.).100 118
N ashua (N. H .) ....5 0 0 475
N aum keag (Mass.)lOO »6
N ew m arket.............500 260
O sborn M ills(F.R.) lOo 101
Pacific (M ass.)... 1000 1450
P ep p erell (Me.)__ 500 1280
i ’jo asset (F. R .)...1 0 0 110
Rich. B ord’n (F.R.)100 100

R o b e s o n ( F . R i v .i 1 ( W < i

Ask,

126

110
70
110
95

15Ò
90

185

170
1C2
230
84
130
140
270
116
360
23 L
325
575
155
101
350
240
144
240
85
240
105
185
106
65
122
35
130

300

125
80
120
108
65
260
220
66
80
3o0
175
60
115
85
115
135
170
170
80
130
80
125
140
115
115
95
110
160
310

AN U fi SC R IP .
A tlantic M utual..........
1 8 9 0 .........................
102
1 8 9 1 ............................ 102
189 2 ............................ 103
1893 ........................... 104
1 8 9 4 ........................... 105
{Comm’ol Mut. 1873-82

5

m a r in e

in s u r

245
205
62
75
275
170
50
110
"dÔ
110
130
155
160
70
115
73
120
130
110
110
80
95

-

PRICES OF EXCHANGE
M E M BER SH IPS.

N.Y. S to c k ...,. 19,000 b. 20,000 a.
19.000
L a st sa le ......... ......
N.Y.Consol.St’k & P et. 100b. 110a.
no
L ast sale, J u ly 1 8 ..
167
225
N. Y. P ro d u c e . .........
L ast sale, J u ly 1 7 ..
480
120
N. Y. Cotton . . . \ ____
850 ask.
800
125
L ast sale, J u ly 1 0...
150b. 2 0 0 a.
150
L a st sa le . J u ly 1 8 ...
250
N. Y. M e tal...................
L a st sale, ................
R ’lE s t. E x. & Auc. R’m 700b. 750a.
290
L a st sale, J u 'y 1 7...
717*3
Boston Stock . - t 2,500 b. 14,0u0 a.
125
14,000
P hiladelphia S to c k .... 2,200b2500&
165
2.500
L a st sale, J u n e 8 . . . .
. . . . . . Chic. B oard of L'rado..
1on

Chicago S tock___. . . . .

1.725b.
1 3-o

THE CHEONICLE.

J uly 21, 1894.]

g m r je s tm m t

1W eekor Mo\
________ . _

% n \z llx % z n tz .

The I n v e s t o r s ’ S u p p l e m e n t , a pamphlet o f 160 pages, con­
tains extended'tables o f the Stocks and Bonds of Railroads,
•and other Companies, with remarks and statistics concerning
the income, financial status, etc., of each Company. I t is
published on the last Saturday o f every other month—viz.,
■January, March, May, July, September and November, and is
furnished without extra charge to all regular subscribers o f
the C h r o n i c l e .
I he General Quotations of Stocks and Bonds, occupying six
pages o f the C h r o n i c l e , are published on the t l i i r d S a tu r
d a y o f each month.

RAILROAD EARNINGS.
H oa d s.

Latest E a rn in g s Reported.
Week or Moi

1894.

1893.

I J a n . 1 to L atest Date.
1894.

1893.

A d iro n d ack----- M a y .............
13,988
67,458
70,977
13,337
A la. M id lan d ... M a y ___. . .
36,356
190,726
221,223
32,901
A llegheny V al. M ay........... 135,392 240.847
795,293 1,083,657
A n n a p .W .A B ., A p r il.........
4,009
17,359
14,049
4,085
A rk. M id lan d ... M ay...........
6,861
32,305
33,003
4,973
A toh.T.A S. F e . I s tw k J u ly 258,094 647,641 15,029,027 20,019,787
S t. L. A S a n F I s tw k J u ly
57,642 145,861 3,597,227 4.421.191
Agg. t o t a l ... l stw k J u ly 315.736 793,502 18,626,254 24,440,178
51,490
A tla n ta * C h a r, a A p ril.........
263,301
226,446
57,819
A tla n ta AW . P M a y ...........
32,654
192,234
176,856
28,429
A u stin & N 'w est M a y ...........
22,149
97,154
104,499
15.077
B .A O .EastLines J u n e .........1,313,747 1,708,713 7,530,520 9,320,880
W estern Lines J u n e ......... 359,779 523,416 2.088,631 3,098,830
T o ta l........... J u n e ........... 1,673,526 2,232,129 9,619,151 12,419,710
B al.A O .Sou’w.d 2d w k J u ly 109,890 120.76 < 3,105,887 3.546,700
B a th * H a m ’nds M ay.........
1,512
8,762
7,883
1.834
B ir. A A tla n tic .. J u n e .........
1,562
17,171
10.915
2,363
B rooklyn E le v .. Wk J u ly 14
29,617
976,580 1,061,906
30,858
Baff.Rooh. & Pitt 2d w k J u ly
73,492
71,650 1,200,229 1,799,520
B ur.C .R ap. A N I s tw k J u ly
36,347
67,994 1,798,660 1,951,955
O am d en A A tl.. M a y . . . . . . .
64.249
233,280
254.594
58,959
'O anadianPacitlc 2d w k J u ly 338,000 429.000 8,822,086 10,319,997
‘Oar.Cum.GACh. A p ril.........
4,603
15,863
17,735
3,227
■Car. M id lan d .... J u n e .........
2,466
23.510
21,644
2,491
C e n tra l of N. J .. M a y ........... 1,069,446 1,263,969 4,535,861 5,816,570
C e n tral P acific.. M a y ...........1,116,827 1,330,248 4,866.755 5,443,546
C e n tra l of 8. C .. A p r i l ......
6,162
39,356
36,807
7,797
C har. Cin. &Chlo. J u n e # .....
10,3 50
81,912
9,82 L
77,496
C h a rlest’n&Sav. A p ril.........
52.578
265,036
267,207
57,166
8.300
C har.8um .A N o. J u n e .........
81,790
79,156
7,500
C h a t’a u a L a k e .. M a y ...........
3,454
21,250
15,557
4,904
O heraw . A D a rl.. M ay . . . . . .
4,512
42,994
36,325
5,924
C hes.A O h io .... 2d w k J u ly 174,977 203,327 4,393,764 5,325,203
986,352
Ches. O. ASo.W. M a y ......... 161,875 185,229
809,938
Chic. B ur. & No. M a y ........... 139,380 224,002
665.967 1,010.061
Chic. B ur. & Q.. M a y . . . . . . . 2,516,316 3,290,842 12,796,691 15,683,329
Chio.&East.111. I s tw k J u ly
8,244
93,643 1,483,592 2,214,060
Chicago & E rie . M a y ........... 172,574 232,998
908,248 1.211.191
Chic. Gt. W est’n 2d w k Ju ly
42,564
73.077
C hie.M il.A 8t.Pl 4thw k J ’ne 724,106 828,92 13,678,295 16,210,364
Chio.AN’th w ’n.. M ay...........2,568,315 3,157,076 11,526,744 13,160,676
Chic.Peo. AS.L... 2d w k J u ly
13,962
592,730
454,334
19,114
Chio.R’k I .& P .. J u n e ......... 1,223,697 1,717,163 8,032,807 8,994,554
Ohic.St.P.M.AO. M a y ........... 661,973 637,853 2,931,892 3,210,886
Chic. & W. Mich. 2d w k Ju ly
23,694
994.514
775,379
30.498
Cin. Ga. & P o rts. J u n e .........
5,494
31,635
31,623
5,789
6,125
C in .& K en t. Sou M a y ...........
932
1,721
4,545
362,844
C in. J a c k * Mac. 2d w k J u ly
9,877
312,114
10,486
O n .N . O. A T .P . M ay ........... 247,000 343,016 1.392.000 1,665,351
738,133
Ala. G t. South. M a y ...........
95,000 144,791
551.000
N. Orl. & N. E. M a y ...........
80,000 113.000
589,726
467.000
A la. & Vioksh. M a y ...........
33,000
226,846
204.000
38.000
Vicks. 8h. A P . M a y ..........
33,000
213,552
206.000
34.000
E rlan g er Syst. M ay........... 488,000 672,807 2.820.000 3,433,608
128,843
117,121
C in. P o rts. & V.. J u n e .........
24,348
24,176
Col. A M aysv. J u n e . . . . . .
997
6,799
4,906
1,293
Clev. Akron&Co. 3d wk May
16,064
334,408
378,240
18,093
Cl.Cin.Ch.& 8.L. I s tw k J u ly 149,460 259,666 6,053,918 6,932,603
665.443
Peo. A E a s t’n. M a y ........... 116.663 142,108
596,343
26,092
Col. Newb. & L . A p ril.........
5,204
3,849
32,946
Col. H . V. & Toi. M a r ........... 104,886 243,309
914,830 1,328,940
Col.ShawneeAB J u n e .........
53,152
54,634
10,555
1,900
7,667
C olusa & L a k e .. J u n e .........
1,300
6.934
C ry s ta l.............. M a y .............
711
4,283
1,342
343,244
Com b’Id Valley M a y ...........
60,013
285.360
77,631
63,886
C u rre n t R iv e r.. 4 thw k J ’ne
2,136
63,578
2,768
D env. A Rio Gr. 2d w k J u ly
8 3,600 114,700 3,155,901 4,517,446
623,857
531,574
D e tL a n s ’gANo 2d w k Ju ly
16,908
18,820
784,813 1,078,697
DoiuthS.S.& Atl. I s tw k J u ly
42,870
48,600
106,510
D u lu th A W inn.. M ay ...........
8,773
50,480
25,345
E.Tenm V a. A Ga I s tw k J u ly
72,007
84,937 2,546,110 2,958,423
460,673
493,012
E lg in .Jcl.& E ast J u n e .........
55.563
65,987
21,442
28,218
8,028
E u re k a Springs. A p r il........
5,788
183,726
129,863
E v a n s& in d ’pli6 I s tw k J u ly
3,332
5,672
72,081
53,510
E v an s. & R ic h .. I s tw k J u ly
1.994
1,719
633,761
536,095
E v an sv . & T. H. I s tw k J u ly
11,175
24,004
F ito h b u ig ...........M ay ............ 557,764 647,629 2,574,194 2,954,840
F lin tA P .M a rq .. I s tw k J u ly
45,384
55,142 1,249,642 1,537,154
58,230
65,352
F lo ren ce............. A p r i l ......
14,854
12.847
806,470
F ld.C nt. A P aniu J u n e ......... 155,981
99.628 1,203,771
189,530
120,220
27,121
15,325
F t. W, & Rio G r J u n e .........
5,121
Gads. & A tt. U .. J u n e .........
531
723
3,137
702,877
G eorgia R R ....... 2d w k J u ly
15,562i
648,625
17,393
202,053
289,000
34,536
fy*. CarTa & No M a y __ . . .
46,510
414,694
417,202
69,984
Geo, So. A F l a ... J u n e .........
65.929
43,226
952,415 1,236,537
G r, R ap. A ln d ,. 2 d w k J u ly
31,719
250,697
194,035
Cin. R .A F t. W. 2d w k Ju ly
6,466
8,507
33,145
26,522
T rav erse C ity. 2d w k Ju ly
1,402
1,168
81,407
2,329
52,539
Mus. G. R. & I. 2d w k Ju ly
2,212
55,230 1,225,511 1,601,786
T o ta l a ll lin es.12d w k J u ly
41,799
G r a n d T r u n k . ..|W k J u l y l4 327,251 391,851 8,998,032 10,136,999
Chic. A G r.T r. Wk J ’ne 30
52,109
79,170 1,440,037 1,762,276
530,627
458,580
D eLG r.H .A M. Wk J ’n e 30
18,223
15,291
12,694
O eorget’n A W’n ’A p ril.........J
2.527




L atest E a rn in g s Reported.

R oads.

AND

^ a ilr a a tt

Ill

1'

1894.
8
1,537
2,425

1893.

1894.

8
1,611
2,646

$
$
r. [A p ril.___
'6,453
7.023
G o lf * Chicago>- J u n e .......
19,951
19,971
G re a t N o rth ’n 8t. l . M . A Mt. J u n e .......
770,165 1,245,844 4,167,378 5,930,367
E ast, of M inni J u n e .......
107,792
71.98Í
399,155
476,502
M ontana Centit J u n e .......
87,820
140,694
699,027 <- 572,872
T ot. systemu. J u n e .......
982,837 1,441,465 5,255,561 6,979,741
H artsv ille
■■ A p r i l .....
29Í
42(
3,30(
4,993
Hoos.Tun.AW il.
X J u n e .......
3.34Í
2,97i
17,735
17,274
Hous. E.AW.Texx M a y .........
32,495
27,417
164,578
179,515
H um est’n&Shenn J u ñ e .......
9,00(
8,976
56,80(
63,009
Illinois C entral.•• J u n e ....... l,349,76f 1,952,406 8,529,757 9,900,831
Ind.D ec.A W est.5. M a y .........
30,216
33,707
137,880
183,935
In.& Gt. N orth’n
n 2d w k July
59,285 1,500,898 2,105,228
44.395
Iln te ro c. (Mex.)
.> WkJune3C
30,134 1,230,857 1,110,168
41,46(
Iow a C en tral. - Is tw k J u ly
23,211
29,647
Iro n R ailw ay. - J u n e .......
2.411
5,02C
19.534
22,486
Ja ck . T. & K. W M a y ..........
58,330
56,005
424,663
435,041
KanawhaAM ichh 2d w k Ju ly
5,194
4,676
184,910
181,344
K an.C .C l. A 8 p . 4thw k J ’ne
5,991
6,907
138,333
133,082
K.C.F.S.AM em 4 th w k J ’ne
91,965 1,871,847 2,209,902
85,206
K.C.M em .ABir Is tw k J u ly
13,784
14,815
506,32i
554,152
K. C. P itts. & G1. I s tw k J u ly
3,414
9.06C
194,485
55,619
Kan.C. Sub.BeltU Is tw k J u ly
6,155
6.986
115,95C
114,006
Kan.C.W y. AN W
N 3d wk Juné
6,174
4,617
145,968
152,789
KaD.C.&Beat - 3 d w k Ju n e
21S
23C
5,52C
6,481
K eokuk & W estj. Is tw k J u ly
6,517
185,352
5.561
188,880
L . E rie All. & So J u n e .........
6.71S
32,75c
3,785
40.189
L. E rie & W est. 2d w k July
50.332
60.066 1,607,508 1,928,799
L ehigh A H u d . - J u n e .........
48.711
200,520
42,764
269,838
Long I s la n d ... M ay ........... 375.51C 389,213 1,363,637 1,415,973
L ouis. A Mo.Riv7- A p ril.........
33.54«
100,181
24,778
132,318
Louis.Ev.A St.L - 2d w k Ju ly
30,681
716,818
16.24C
93 ¿,827
Louis v.&Nashv - 2d w k July 279.92C 401,015 9.751,270 1H ,
509,361
Loui8.N.A.AChX 2d w k Ju ly
70,881 1,353,464 I , 743,989
39,971
L ou.St.L .A T ex - I s tw k J u ly
9,866
7,495
203,117
306,261
Louisv. S o u th . - 4 th w k j ’ne
15,813
293,011
16,296
342,704
M acon A Birm . J u n e .........
5,418
34,833
4,180
33,730
M anches A Aug
1,122
3,630
604
5,721
M auistique
8.065
30.798
10,582
l i n e .........
66,223
Memphis AChasi- I s tw k J u ly
18,833
15,741
631,707
754,011
IM exican Cent 2d w k Ju ly 158,359 126,618 4,585,546 4,297,870
M exican I n te r ’! M a y ........... 163,751 173,743
883,118
886,445
(Mex. N ational • 2d w k Ju ly
70,623 2,246,787 2,344,105
69,009
Mex. N orthern
268,906
58,409
IM exican R ’way* W kJune30
59,711 1,5«9,224 1,576,092
63,749
M inneap.ASt.L J u n e ......... 133.928 166,547
791,540
859.708
M o.K an.A Tex. • 2d w k J u ly 162,824 187,428 4,490,539 5,036,032
M o.Pac.AIronMi 2d w k J u ly 263,940 406,187 11,154,014 1 ,515,404
Mobile A B irm - I s tw k J u ly
132,121
4,406
145,997
4,813
Mobile A O hio. - J u n e ......... 247,439 259,748 1,592,385 1,666,845
M ont. A Mex.Gif J u n e .........
84,643
565,694
90,000
536,213
N ash.C h.A St.L.- J u n e ......... 350,288 382,255 2,251,538 2,457,355
N evada C entral1 M arch.......
4,045
7,028
11,596
2,008
N. Je rs e y AN.Y • F e b r u a ry .
42.799
20,306
41,971
19,435
NewOrl.ASo’n ..- J u n e ____
48,032
8,498
63,660
5,793
N .Y .C .A H .R ,. .e J u n e ......... 3.500,412 4,197,306 19,800,855 2
N. Y. L. E . A W - M ay
2,024,206 2,501,614 9,198,635 1
N. Y .Pa.A O hio,, M a y ....... 413,227 621,980 2,100,773 2,942,756
N. Y A P u tn am . A p ril.. . . . .
174,101
48,675
178,958
46,725
N. Y. O nt. A W . 2d w k Ju ly
87,779 1,906,770 1,969,848
89,364
N.Y.Susq. A W .. M ay
645,554
667,483
151,388 169,663
Norf. A South’n M a y ... . . . .
190,463
46,447
186,369
40,369
N orfolk A W est. 2d w k Ju ly 209,124 180,209 5.160,316 5,388.631
N’th e a s t’n (S.C.)1A p ril__ _
02,447
250,278
277,406
50,963
N orth’n C entral. M a y ....... 428,463 610,295 2,203,735 2,841,445
N orth’n Pacific. Ju ñ e
6,152,074
1,877,646
9,627,544
904,719
Oconee A W est M ay...........
13,019
1,163
5,725
2,489
Ohio R iv er....... Is tw k J u ly
318,330
16,851
390,358
16,897
Ohio S outhern. Istw k Ju ly
10,677
17,147
O m aha A St. L .. M ay...........
181,657
243,138
45,678
27,219
Oregon Im p. Co. M ay
310,940 347,942 1,496,506 1,487,697
P en n sy lv a n ia ... M ay
22,085,896
2 ,102,955
4,247,368 6,061,287
PeonaD eo.A E v. 2d wk J u ly
398,001
467.630
17,617
11.796
P e te rsb u rg .... M ay...........
231,219
50,421
244,208
46,326
P hila. A E r ie ... M ay........... 309,608 507,784 1,354,245 I , 991,448
M a y ........... 1,628,230 1,964,059 7,312,246 9,050,187
2,136,837 2,054,637 7,876,854 »9,264,705
M a y __
M ay........... 3,765,067 4,018,696 15,189,100 1 ,314,892
16,032
3,394
19,748
2,415
J u ñ e .........
Pitt.Sben.A L.E . J u n e .........
168,687
198,739
46,105
31,260
531,100
727,982
Ju n e . . . . . . 100,076 151,740
290,973
410,762
89,618
J u n e .........
50,400
154,124
41,0.33
127,857
P itts . P a. A F J u n e .........
26.918
424,374
T otal system .. 2d w k J u ly
60,137 1,083,861 II,
45,036
354,249
*itt. Young. AA. M a y ...........
536,955
86,781 161,718
132,275
127,538
14,929
P t. Royal A Aug, M a y .........
13,409
120,245
129,247
Pt.Roy.A W .C ar A p ril.........
19,326
25,643
132,184
110,998
22,768
Q uincy O.AK.C, J u n e .........
19,660
R ich’d A D anv. 2d wk J u ly 139,311 153,313 4,4 1,957 4,720,623
957,799
880,220
G eorgia P a c .. Is tw k J u ly
27,980
35,957
334,597
335,977
15,614
Char C.AAug I s tw k J u ly
9,842
268,255
283.227
Col. A Green*' Is tw k J u ly
8,457
7,108
T o ta l............ I s tw k J u ly 182.587 213,341 5,810,690 6,129,351
297,677
341,393
74,164
63,300
M ay
152,421
138,646
32,893
28,348
M ay
167,013
306,084
6,34 L
Rio Gr. South’n I s tw k J u ly
5,908
41,900 1,002,078 1,192,274
Rio Gr. West’n .. 2d w k J u ly
26,900
54,094
58,310
Sag. T uscola AH, J u n e
11,738
11,517
34,855
38,498
8.943
7,633
Sag.Val. A St. L. M a y ...........
628,423
800.296
24,280
16,360
St. L. A. A T. H I s tw k J u ly
13,315
13,781
1.815
St.L .K en’etASo. J u n e .........
2,149
72,013 2.055,939 2,567,433
St.L.Southw ’r n 2d w k J u ly
53,348
624.751
827,450
156,593
125,636
J u n e .........
127,038
147,449
J a n u a ry ... 127,038 147,449
384,482
364,909
26,061
25,991
4thw k J ’ne
207,923
262,435
B av.A m .A M on J u n e .........
41,617
32,900
Sav.Fia. A West M ay........... 199,492 227,696 1,361,313 1,360,709
129,296
127,695
7,439
4 th wk J ’ne
6,608
9,852
24,603
9,079
6,500
Silverton..
J u n e .........
62,220
72,810
23,390
17,506
Sioux C ity A No. M arch.......
107,892
80,967
17,150
23,286
A pril.........
587,839
679,049
81,195
68,000
Sou jh Carolina. J u n e .........
5,092
4,943
639
aoui.hANor.Car, ApriL
637

'..
.

■
-•

-

f

e
-.

_
......

......

......

.......
......
...

......
......

.....

......
.....
......
......

352,238 371,741 1,289,194 1,499,203
April
477,010
391.368
84,880
67,455
M ay
M organ’sLAT. M ay........... 463,556 430,160 2,234,551 2,196,850
89,836
9 2 ,0 1 6
20,571
17,846
N.Y.T. A M ex M ay
636,390
521,703
117,626 149,262
T ex. A N , O rl. A pril.........
May........... 1,021,426 1,045,433 5,039,828 5,460,09 8
M ay........... 2,603,470 3,112,519 12,266,778 1.
M ay........... 3.624,896 4,157,951 17.306,606 1<
M ay........... 738,672 908,570 3,849,774 4,213,98i
891,224
851,472
163,410 164,727
M ay
426.99a
384,674
77,472
75.061
LlM a y ...........

......

THE CHRONICLE.

112
L atest L a m in g s Reported.
R oads .

W eekorM o

1894.

1893.

Ja n . 1 to L atest Date.

[VOL. LIX,
1894

1st week o f Ju ly.

1893.

1894.

$
4,406
16,851
60,108
20,743
24,28')
18,693
32,776
64,900

T otal (67 ro a d s)............ 3,788,892
N et decrease (30*39 p.c.).

5,443,114
.......

Mobile & B irm in g h am ...
37,308
44,523
7,722
9.476
B par.U n. &Col. A p r il.........
339,404
334,790
89,282
91,134
S ta te n Isl. B . T. M ay...........
9,036
7,895
2,762
2,330
BtonyCl. &CMt.. M ay. . . . . . .
652,300
462,286
82,938 110,561
S um m it B ranch. J u n e .........
553,240
409.610
96,408
71,773
L y k en s Valley J u n e ...=,r.
871,896 1,205,540
T o t’lb o th Co’s Ju n e . . . . . . 154,711 206,969
95.383 100,482 3,106,521 3,486,344
T ex as & Pacific. 2d w k J u ly
26,150
20,475
4,071
2,544
Tex.S.Vad&N'.W J u n e .........
555,419
529,504
19,306
14,660
X0I.A.A.&N 0.M. 2d w k J u ly
41,427
718,190 1,040,507
8,243
Tol.&Ohio C ent. 2d w k J u ly
479,761
415,056
18,693
14.717
ToL P . & W est.. ls tw k J u ly
944,565
690,206
32,283
23,216
T o l. 8t.L .& K .C . 2d w k J u ly
140,359
136,503
36,851
31,698
U lste r & D el— May,...........
Union P acific—
1,188,715 1,510,993 5,377,513 6,975,703
Un. P ac. B B .. M a y __
423,456 648,202 1,964,293 2,589,370
Or.S.L. & U. N M a y ___
246,070 343,567 1,130,414 1,517,549
O r.R y.& N .C o M a y ___
236,614 356,672 1,107,258 1,668,373
U .P ao . D .& G . M a y ___
640,692
439.610
89,671 143,290
F t W’th& D .C . M a y ___
433,991
83,954
356,438
70,681
St.Jos.& G d.Is. M a y ....
76,997
51,103
12,093
10,213
Kan.C.&Om. M a y ....
618,993
470,272
12,539
20,743
T ot.S t.J.& G .I. lstw k J u ly
215,567
184,335
39,431
38,116
C e n t.B r........... M a y .. . .
A oh.C ol.& P .)
247,603
166,156
41,053
35,210
Ach.J.C.& W 5 M a y ___
323,077
150,788
34,804 101,833
M ontana U n .. M a y ___
18,269
18,490
5,085
3,998
M an.A l.& Bur. M a y ....
2,533,221 :,454,118 11,779,988 15,843,516
G r’d total.*« M a y __
6,534,058
5,337,254
393,226
265,806
W ab ash — ....... 4 th w k J ’ne
81,981
15,824
67,227
11,623
Waoo<fe N orthw . M a y __
604.038
533,105
121,750 147,257
W est Je rs e y ....... M a y ___
455,421
372,560
56.717 105,606
W .V .C en.* P itts M a y ___
116,950
113,425
34,976
32,484
W est Va.& P itts, A p r il...
205,854 - 195,727
33,436
39,447
W estern o i Ala-, M a y __
450,571
425,997
104,642
100,937
W est. M aryland, M ay___
64,900 1,385,018 1,863,400
68,600
W est. N. Y. & P a. ls tw k J u ly
807.038
565,846
32,168
10,808
Wheel. & L. E rie 2 d w k J u ly
7,954
7,275
1.742
1,868
W il.Chad.&Con. A p r il...
247,372
214,401
52,120
42,601
Wil. Col. & Aug, A p r il...
30,042
31,653
5,022
4,836
W rightsv.& Ten, M ay___
t In clu d es M ilw aukee & N o rth ern fo r a ll periods.
* F ig u res given do n o t include L eav en w o rth T opeka & S outhw estern.
a F ig u res cover o nly t h a t p a r t of m ileage lo cated in S outh C arolina
b In clu d es earn in g s from ferries, etc., a o t given se p ara te ly , i M exi can currency, c In clu d es only h alf of lines In which U nion Pacific has
a h a lf in te re st, d Includes Ohio & M ississippi in b o th y ears, e E s ti­
m a te b ased on q u a rte rly re tu rn s .

1893.

$
4,813
16,897
381326
12,539
16,360
14,717
15,593
63,600

P ittsb u rg & W estern .......
St. Jo sep h & Gd. I sla n d ..
St. L ouis Alt. & T. H aute.
Toledo P eo ria & West’n . .
Tol. S t. L. & K an. C ity ...
W estern N. Y. & P e n n ...

Increase.
$

407
46

.............
______
.... ...
.... ...
3,700
65,101

Decrease.
$
21,782
8,204
7,920
3,976
17,183
1,719,323
1,654,222:

The following will furnish a comparison of the weekly
results for a series of weeks past.
WEEKLY GROSS EARNINGS.

— 0 hang es.A m ount.
1893
Period a n d num ber o f roads 1894.
P . et.
$
$
included.
$
8-31
3d w eek of J a n . (68 roads) 5,833,371 6,362,076 dee.528,705
4 th w eek of Ja n . (68 roads) 7,546,386 8,969,717 d c l.4 2 3 ,3 3 1 151 st w eek of Feb. (74 roads) 5,755,621 6,426,216 deo.670,595 102d w eek of Feb. (73 roads) 5,729,517 6,710,789 d eo .9 8 1,272 14-62'
3d w eek of F eb. (76 roads) 5,950,781 6,957,055 do 1,006,274 14-47
4 th w eek of Feb. (75 roads) 6,103,802 7,062,363 deo.958,561 13-57
1 st w eek of Moh. (77 roads) 6,151,034 6,991,361 deo.840,277 12 0 2
2d w eek of Mch. (78 roads» 6,339,355 7,167,445 deo.823,090 11_______________
.
7,419,391 dec.984,913 13-28
3d
w eek of Mch._(78_ roads) 6,434,478
4 th w e e k o f Mch. (82 roads) 8 , 806,220 10,239,682 d e l .433,462 1 4 0 0
1 s t w eek of A pr. (75 roads) 6,047,298 6,994,302 dec.947,004 13-54
~ 6,063,533 6,936,702 dec.873,164 122d w eek of A pr. (72 roads)
3d w eek of A pr. (74 roads) 5,923,270 6,758.56'5 dec.835,295 12-36
4 th w eek of A pr. (71 roads) 7,010,96 ) 8,440,306 dc 1,424.346 161 s t w eek of May (74 roads) 5,556,183 6,633,245 d e l,077,057 162d w eek of M ay (69 roads) 5,230,539 6,387,004 d e l ,156,465 1 8 T 0
3 d w eek of M ay (73 roads) 5,541,367 6,881,451 d e l ,339,584 19 4 7
4 th w eek of May (31 roads) 8,311,249 10,093,867 d e l ,782,618 171 s t w eek of J u n e (75 roads) 5,471,365 6,985,066. d e l ,513,701 21-67
2d w eek of J u n e (76 roads) 5,626,608 7,117,460 d e l ,490,852 20-94
3d w eek of J u n e (74 roads) 5,561,553 6,949.839 dc 1,388.286 19-98
4 th w eek of J u n e (75 roads) 7,254,082 9,001,152 d e l,747,070 19-41
1 st w eek of J u ly (67 roads) 3,788,892 5,443,114 d e l ,654,222 30-39
2d w eek of J u ly (39 roads) 3,118,107 3,846,159 dec.723,052 1 8 '9 3

Net Earnings Monthly to Latest Dates.—The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a month. Early returns are
Latest Gross Earnings by Weeks.—The latest weekly aarn- published from week to week, as soon as issued, but for the
ings in the foregoing are separately summed up as follows:
convenience of our readers all the roads making returns are
Our preliminary statement of earnings for the second week brought together here in the week in which we publish our
of July covers 39 roads and shows a loss of 18-93 per cent.
monthly article on net earnings—say on or about the 20th of
the month. A paragraph mark (If) appended to the name of
Increase. Decrease.
1894.
1893.
2d week o f Ju ly.
a road indicates that the figures for that road for the period
g i ® e n have not previously been published by us.
$
$
«
*
B a lt. & Ohio S o u thw est.
B rooklyn E le v a te d ...........
Buffalo' Roch. & P i t t s —
Chicago G re a t W estern..
Chie. P eo ria & St. L ouis.
Chicago & W est Michigan
Oin. Ja c k so n & M ackinaw
D en v er & R io G ran d e__
D e tro it L an s’g & N o rth ’n
G ran d R ap id s & In d ia n a
Cin. Rich. & F t. W ayne
T rav erse C ity ................
M us. Gr. R ap id s & Ind.
G ra n d T ru n k of C anada.
I n te r n ’l & Gt. N o rth’n . . .
K a n a w h a & M ich ig an .. . .
L ak e E rie & W e s te rn __
L ouisville & N ash ville...
L ouisv. E v an sv . & St. L
L o uisville N. A. & C hic..

Mo. Pacific & Iro n M t___
N ew Y ork O nt. & W est’n .
N orfolk & W estern..........
P eo ria Dee. & E v a n s v ...

St. Louis S o u th w este rn ..
Tol. A n n Arbor &N.M ich.
Toledo & Ohio C e n tra l...
Toledo St. L. & K an. City.
W heeling & L ake E rie ..
T o ta l (39 ro ad s).........
N e t decrease (18‘93 p.o.)

109,890
29,617
73.492
338,000
174,977
42,564
13,962
23,694
9,877
83.600
16,908
15,562
31,719
6,466
1,402
2,212
327,251
44,395
4,676
50,332
279,920
16,240
39,971
158,358
69,009
162,824
264,000
89,364
209,124
11,796
45,036
139,311
26 900
53,348
95,383
14,660
8,243
23,216
10,808

120,763
30,858
71.650
429.000
203,327
73,077
19,114
30,498
10,486
114,700
18,820
17,393
43,226
8,507
1,168
2,329
394,851
59,285
5,194
60,066
401,015
30,681
70,881
126,618
70,623
187,428
406,000
87,776
180,209
17,617
60,107
153,313
41.900
72,013
100,482
19,306
41,427
32,283
32,168

3,118,107

3,846,159

1,842
.. . . . . .
.............

........
........
234
........
........

31,740
.... _
1,588
28,915

........

........
64,319

10,873
1,2 41

91,000
28,350
30,513
5,152
6,804
609
31,100
1,912
1,831
11,507
2,041
117
6 /,6 0 0
14,890
518
9,734
121,095
1 4 ,4 4 1
30,910
1,614
24,604
142,000
. . . . ...
'5*.821
15,071
14,002
15,000
18,665
5,099
4,646
33,184
9,067
21,360
792,371
728,052

For the first week of July our final statement covers 67
roads, and shows 30’39 per cent loss in the aggregate,
l s i week o f J u ly .
P rev io u sly re p ’d (42 r ’ds)
A tch. Top. & S an ta F® ...
St. L ouis & S an F r a n ..
B u rl. Ced. Ran. <fc N o rth .
C hicago & E ast. Illinois.
Chic. P eo ria & St. L ouis.
Clev. Cin. Chic. & St. L ..
D u lu th So. Shore & A tl..
E a st. Tenn. Va. & G a __
E v an sv . & In dianapolis..
E v an sv ille & Richm ond..
E v an sv . & T erre H au te.
F lin t & P e re M a rq u ette..
K an . C ity Mem. & B irm ..
K an . C ity P ittsb . & G ulf.
K an . C ity Sub. B e lt.........
K eokuk & W estern .........
M em phis & C h a rlesto n ..




1894.

1893.

$
$
2,849,619 3,695,797
647,641
258,094
57,642
145,861
67,994
36,347
8,244
93,643
19,114
14,578
259,666
149,460
48,600
42,870
84,937
72,007
5,672
3,332
1,994
1,719
24,004
11,175
55,142
45,384
14,815
13,784
3,414
9,060
6,988
6,155
6,517
5,561
18,833
15.741

Increase.
«
55,027
.... ...
.............
........
275
........
5,646
........

901.205
389,547
88,219
31,647
85,399
4,536
110.206
5,730
12,930
2,340
12,829
9,758
1,031
833
956
3,092

,---- Gross E a rn in g s.----->.----- S e t E arn in g s.-—1894.
1893.
1894.
1893.,
$
$
Roads.
$
$
84
183
A d iro n d a c k ...........IT.May
13,988.
13,337
19,3 28
21,572
Ja n . 1 to May 3 1 ___
67.458
70,977
A labam a M idland..H .M ay
36,356
32,901 def.4,828 def.5,142
Ja n . 1 to M ay 3 1 ....
221.223
190,726 def.2.405 def. 14,348
32,555
105,966
A llegheny V alley___M ay
135,392
240,-<47
360,751
276,693
J a n . 1 to May 3 1 ....
795,29J 1,086,657
1,106
1,622
A nnap. W ash. & B .„ A pr.
4,009
4,065
5,360
3,189
J a n . 1 to Apr. 3 0 ....
17,359
14,049
2,951
1,057
A rk an sas Midland.H May
6,861
4,973
16,207
12,598
J a n . 1 to M ay 3 1 ....
32,305
33,003
376,337 1,384,151
At. T. & 8 . F e ...... blfM ay 2,622,423 3,603,440
Ja n . 1 to M ay 31. ..12,671,079 16,193,377 2,099,322 4,403,028
J u ly 1 to May 3 1 ....3 2 ,1 9 3 ,5 8 4 38,021,242 8,736,470 11,656,842
144,366
253,249
St. U & San F r. bIT May
601,958
762,858
719,234 1,090,657
J a n . 1 to M ay 3 1 . . . . 2,973,142 3,581,714
J u ly 1 to May 3 1 . . . . 7,213,203 8,672,978 2,177,086 3,101,358
520,703 1,637,400
A ggregate total. bH May 3,224,381 4,366,298
J a n . 1 to May 3 1 .... 15,644,221 19,775,091 2,818,556 5.493,685
J u ly 1 to May 3 1 ....3 9 ,4 0 6 ,7 8 7 46,694,220 10,913,556 14.758,200
10,343
3,923
A tla n ta & W. Point.TiMay
32,654
28,429
64,805
40,701
Ja n . 1 to M ay 31 . . . 192,234
176,856
8,451
3,372
A ustin & N o rth w ..If.M ay
22,149
15,077
39,244
31,306
Ja n . 1 to May 3 1 ....
97,154
101,499
B a ltim o re & Ohio—
629,552
488.633
L ines E. O. R . blT.Jnne 1,313,747 1,703,713
J a n . 1 to J u n e 3 0 ___ 7,530,520 9,320,880 2,158,911 2,733,310
J u ly 1 to Ju n e 3 0 .... 16,961,122 19,756,747 5,645,430 6,094,950
113,304
87,309
L ines W. O. R .b U Ju n e
359,779
523,416
154,236
381,685
J a n . 1 to J u n e 3 0 .... 2,088,631 3,098,830
J u ly 1 to J u n e 30 ___ 5,478,480 6,458,060 1,226,009 1,077,875
742,856
575,942
T o ta l sy ste m ..-b 1 iJu n e 1,673,526 2,232,129
J a n . 1 to J u n e 3 0 ___ 9 ,619,15112,419,710 2,313,147 3,114,995
J u ly 1 to J u n e 3 0 ....2 2 ,4 3 9 ,6 0 2 26,214,807 6,671,439 7,172,825
516,302
161,557
160,755
469,026
d B . & O. Soutbw ’n.bA pr.
718,650
726,008
Ja n . 1 to Apr. 3 0 ___ 2,003,036 2,254,082
• Nov. 1 to A pr 3 0 .... 3,052,801 3,363,813 1,094,937 1,089,630
364
1,834
732
1,512
B a th & H am m onds if ..May
8,762
2,141
3,254
7,883
Ja n . 1 to May 3 1 ---2,796
423
def.492
1,975
Birm . & A tlantie.bIT.M ay
590
87
9,353
14,808
J a n . 1 to May 3 1 ___
35,460
2,140
4,559
20,387
J u ly 1 to May 3 1 ---177,080
73,048
83,909
164,558
B r’klyn E levatedlf aM ay
771,576
840,745
297,418
371,913
J a n . 1 to May 3 1 ___
606,450
778 ,6 8 9
J u l y l to May 3 1 ... 1,615,158 1,792,177
307,951 def.5,311
100,461
94,867
Bufi. R och.& P itts. 1TbMay
277,220
384,730
963,037 1,352,364
J a n . 1 to May 31 ___
809,770
877.617
J u ly 1 to M ay 3 1 .... 2,699,973 3,050,606
68,324
310,850
53 ,1 9 2
286.659
B url. Ced.R. & No.alTMay
406,371
345,254
J a n . 1 to May 3 l ---- I,488j629 1,564,107
16,534
8,051
58,959
64,249
0am . & Ati.. . . . — a. ITMay
31,703 def. 15,853
254,594
233,280
Ja n . 1 to M ay 3 1 ---1,605,543
513,533
1,450,439
509,585
C anadian P a c ific .a ..M a y
J a n . 1 to M ay 3 1 ---- 6,679,086 7,569,124 1,849,274 2,346,943
2,713 def. 1 ,2 1 1 def. 1,109
2,174
C arolina Mid la n d ... HMay
1 ,1 1 1
825
21,019
19,178
Ja n . 1 to M ay 3 1 ---11,103
16,235
56,528
58,731
J u ly 1 to M ay 3 1 ....
369,516
495,303
Cent, of N. J e rs e y .a ..M a y 1,069,446 1,263,969
J a n . 1 to M ay 3 1 — 4,535,861 5,816,570 1,314,178 2 ,1 3 9 ,1 3 4

87
44

55

59
16
24
66

Ches. 0 . & So’wn. b . .. M ay
J a n . 1 to M ay 3 1 ....
Chio.Bur.& N orth. blTMay
Ja n . 1 to M ay 31 ___

«Chic. M. & St. P .a . ..M ay 2,259,714 2,701,576
Ja n . 1 to May 3 1 . . . . 1 1 ,294,353 13,305,393
J u ly 1 to May 3 1 ....2 8 ,9 4 4 ,0 0 9 32,838,458
Chlo. & W. M ic h ........M ay
120,129
174,635
615,466
781,731
J a n . 1 to M ay 31 ___
Cin. Ja e k .& Mack.1I b .M ay
52,240
40,138
245,864
284,735
Ja n . 1 to May 3 1 ___
J u ly 1 to M ay 3 1 ___
572,193
679,613
Oinn. & K ent. So.IT...M ay
932
1,721
J a n . 1 to M ay 3 1 ....
4,545
6,125
Cin. N.O.& T ex .P .lfa.M ay
247,000
343,016
Ja n . 1 to M ay 3 1 .... 1,392.000 1,665.351
J u ly 1 to M ay 3 1 .... 3,325,972 3,831,355
N. O. & No’e a s t.. alTMay
80,000
113,000
J a n . 1 to May 3 1 ....
467,000
539,726
J u ly 1 to M ay 3 1 .... 1,209,940 1,312,885
A lab’a &Vieks. .aU .M ay
33.000
38,000
204, 00
226 846
J a n . 1 to M ay 3 1 ....
533,615
547,188
Ju ly 1 to May 3 1 ....
33.000
34,000
Vicks. Sh. & P a c . a l l . May
.Tan. 1 to M ay 3 1 __
206,000
213,552
518,914
527,961
Ju ly 1 to M ay 3 1 ....
26,050
Cin. P o rts. & Vir.b1T.M ay
22,511
92,773
104,667
J a n . 1 to May 3 1 . . . .
230,215
252,961
J u ly 1 to M ay 31 . . .
Olev. A kron & C ol.b ..M ar.
75,745
92.264
J a n . 1 to M ar. 3 1 ___
213,283
236,520
681,255
762,621
J u ly 1 to Mar. 3 1 ___
0 1 ev .d n .C .& S t.L .a...M ay 1,020.084 1,184,755
Ja n . 1 to M ay 3 1 .... 4,896,254 5,464,833
J u ly 1 to M ay 3 1 ....1 2 ,0 1 2 ,9 8 4 13,460,952
P e o r ia & E a s t’n.aU M ay
116,663
142,108
J a n . 1 to M ay 31 . . .
596,343
665,443
J u ly 1 to M ay 3 1 .... 1,492,821 1,592,376
Col. H . V. & T o l.b ,.. A pr.
232,655
277,952
J a n . 1 to A pr. 3 0 . . . .
I 'M M
M jM M j
809,944
1,085,632
1.342
711
C ry s ta l...................... II May
4,283
J a n . 1 to M ay 3 1 ....
6,934
C um berland Valley. ITMay
60,013
77,631
Ja n . 1 to M ay 3 1 ....
285,360
343,244
557,011
757,717
Den. & R. G ran d e.b ..M a y
J a n . 1 to M ay 3 1 . . . . 2,550,701 3,561,246
J u ly 1 to M ay 3 1 . . . . 5,974,176 8,570,458
D et. L ans. & N o r.a ..M a y
83,659
101,060
J a n . 1 to M ay 3 1 ....
418,062
489,407
101,351
85,611
E d iso n E l.Il. Co.,N.Y. Ju n e
J a n . 1 to J u n e 3 0 . . . .
687,755
609,856
E d .E l.Ill. Co., Bklyn.. J u n e
24,004
20,406
J a n . 1 to J u n e 3 0 ....
186,880
153,631
E lg in J o lie t & E .a.If.M ay
69,790
77,718
Ja n . 1 to M ay 3 1 ___
437,449
394,686
J u ly 1 to May 3 1 ....
963,908
852,636
E u re k a S p rin g s........A p r.
5,788
8,028
21,442
Ja n . 1 to A pr. 30 . . .
28,218
F lin t & P e re M a r.a. ..M ay
187,781
258,611
J a n . 1 to May 3 1 .... 1,018,210 1,239,004
F t.W o rth &Rio G r...F e b .
18.731
25,471
39,712
Ja n . 1 to Feb. 2 8 ....
52,275
G adsden & A tt. Un i] May
1,284
627
J a n . 1 to M ay 3 1 ....
2,606
4,398
G eo rg ia .......... a.IT Ju n e
78,102
86,942
J a n . 1 to J u n e 3 0 ___
614,163
666,715
J u ly 1 to J u n e 3 0 . , . . 1,367,185 1,480,252
G a. S outh’n &Fla.b.1f May
59,974
65,547
Ja n . 1 to May 3 1 ....
351,273
344,710
759,495
747,339
J u ly 1 to May 3 1 ___
186,534
270,751
G ran d R ap. & Ind.1f.M ay
J a n . 1 to M ay 3 1 ___
940,923 1,240,808
G ran d T r’k of C an. f . May 1,423,286 1,574,915
Ja n . 1 to May 3 1 . . . . 6,834,285 7,466,158
Chic. & G r’dTr..1T..M ay
254,611
300,133
J a n . 1 to May 3 1 .... 1,204,766 1,429,451
D et.G r. H . & M il. .IfM ay
78,094
94,217
Ja n . 1 to M ay 3 1 . . . .
384,096
436,932
G olf & C hicago...blT M ay
3,334
3,686
J a n . 1 to M ay 3 1 ....
17,526
17,325
H oos. T un. & W ilm ...M ay
3,910
3,088
J a n . 1 to M ay 3 1 ....
14,387
14,296
H o u st. E . & W. T ex ...M ay
27,417
32,495
J a n . 1 to May 3 1 ....
164.578
179,515
J u ly 1 to May 3 1 ....
416,981
428,009
Illin o is C en tral. .alT M ay 1,427,871 1,739,507
J a n . 1 to May 3 1 .... 7,179,989 7,948,425
J u l T l to M ay 3 1 ....1 9 ,3 2 0 ,1 2 8 18,142,785
30,216
33,707
In d . Deo. & W est. .IT.May
137,880
183,935
J a n . 1 to M ay 3 1 . . . .
360,600
468,974
J u ly 1 to M ay 3 1 ___
124,242
155,147
Io w a C e n tra l___blT.-May
708,468
749,356
J a n . 1 to M ay 31 . . .
J u ly 1 to M ay 3 1 . . . . 1,723,314 1,797,339
2,609
4,309
Iro n R a ilw a y ... -blT. .M ay
17,123
17,466
J a n . 1 to M ay 3 1 ....
38,339
Ju ly 1 ,to M ay 3 1 .... : 36,113




725,473
798,526
3,680,499 3,796,822
10,253,153 10,971,58 J
41,400
22,195
67,052
134,035
3,643
5,195
38,360
51,503
82,506
171,249
def.132
526
def.3,207
189
34.000
71.000
335.000
389,70 2
840.000
910,184
6,000
19.000
64.000
92,995
228.000
216,995
4,0 °0
39.000
48.253
129.000
99.253
def.1,000 def.4,000
37.000
39,910
133.000
124,910
2,090
6,810
13,747
14,594
35,030
45,846
26,576
22.146
57,586
49,193
193,328
196,671
290,179
309,600
1,246,659 1,250,025
3,020,170 3,366,825
def. 14,590
3,076
38,169
59,529
173,575
267,742
114,154
111,982
334,352
434,500
100
719
1.663
3,644
11,988
22,634
66,986
85,343
226,786
302.819
985,121 1,462,212
2,346,644 3,719,555
16,125
17.961
47,478
83,750
52,504
34,198
375,645
282,303
6,182
7,110
83,207
67,518
17,636
17,575
133,358
82,228
314,895
226,305
3.663
5,500
11,343
14,984
36,253
59,621
272,873
287,930
1,351
5,473
1,930
13,280
371
932
1,392
2,632
120,767
12,700
1157,085 1112,387
1497,201 1392,019
def. 640
8,179
73,792
50.962
165,078
167,104
43,003
47,678
197.545
239,022
474,289
504,389
1,587,695 1,823,951
18,892
53,771
34,445
172,354
10,808
19,417
36,137
49,394
def. 42
1,132
480
4,209
1,432
686
3,413
3,206
6,819
8,092
50,132
50,168
163,125
121,926
374,048
553,617
1,771,403 2,149,363
6,031,045 5,012,486
757
5,314
15,537
38,353
68,765
135,648
23,014
50,081
197,210
220,308
612,370
510,497
356
def. 69 5
2,909
1,235
1,732
4,199

.---- Gross E arnings.-----:. -----Net E arnings.----- ,
1894.
1893.
1894.
1893.
Roads—
$
$
$
$
23,227
13,452
Ja ck . Tam . &K.W..1TMay
58,339
56.005
Ja n . 1 to M ay 3 1 ---424,663
435,041
197,967
186,948
K an aw h a & M ich.b.lfM ay
32,305
34,483
10,469
9,590
34,693
45,417
14^,952
147,963
Ja n . 1 to May 3 1
J u L v l to M ay 3 1 . . . .
336,981
339,174
99,013
111,245
k K a n . C.Ft. S A M .a.M ay
397,997
417,601
113,226
67,548
J a n . 1 to M ay 3 1 .... 1,965,917 2,330,246
582,515
589,692
J u ly 1 to M ay 3 1 .... 4,521,734 5,289,693 1,333,235 1,474,664
K an.C . M e m .& B .a ..M a y
71,588
71,862
2,180 def. 13,966
Ja n . 1 to M ay 3 1 ....
424,772
467,498
52,413
75,464
J u ly 1 to M ay 3 1 .... 1,003,342 1,089,163
175,393
185,292
6,641
4,480
K eokuk & W est’nb1T.May
28,566
27,620
J a n . 1 to May 3 1 ....
152,186
154,100
51,566
51,954
360
L. E rie All. & So..alTM ay
4,263
5,286 def.1,444
J a n . 1 to M ay 3 1 . . . .
28,968
33,476
4,954
5,084
L .E rie & W est’n.b.lTM ay
259,547
302,680
91,755
115,507
509,977
608.373
J a n . 1 to M ay 3 1 .... 1,244,648 1,493,277
Louisv. E v. & St. L... Apr.
114,989
144,361
24,004
21,039
118,310
116,357
Ja n . 1 to. Apr. 3 0 ....
470,480
603,271
Louisv. & N a s h v .b . M ay 1,481,469 1,761,613
449,436
511,059
J a n . 1 to Mav 3 1 .... 7,673,604 9,004,367 2,771,382 3,019,771
J u ly 1 to M ay 3 1 .... 17,429,528 20,689,795 6,645,959 7,531,092
Louisv. N. A. & C .a ...M ay
233,604
298,573
76,818
106,656
J a n . 1 to May 3 1 .... 1.047.958 1,283,185
269,637
370,338
J u ly 1 to May 3 1 .... 2,902,683 3,034,848
921,759
942,394
Louisv. St. L.& T ex. IT.May
35,338
50,741
7,743
18,055
Ja n . 1 to M ay 3 1 ....
159,533
244,850
25,592
84,409
M acon & B irm ing.. . If May
4,861
4,194
def.661
def.770
J a n . 1 to May 3 1
5,280
3,822
30.653
28,312
J u ly 1 to M ay 3 1 . . . .
65,449
64,343
13,288
10,436
8,747
8,363
M anistique............... IfMay
7,516
4,826
Ja n . 1 to M ay 3K.fff.
20,216
58,158
10,348
29,614
M a rie tta & Nor. G a...M ar.
20,431
....... .
4,291
........
M em phis & C h ar...... Apr.
89,277
109,415 def.6,676
7,072
M exican C e n tra l.......May 784,301
712,743
275,083
263,156
J a n . 1 to May 3 1 .... 3,601,212 3,376,868 1,149,743 1,166,549
Mex. In te rn a tio n a l...M a y
163,751
173,743
59,783
46,449
J a n . 1 to M ay 3 1 ....
883,118
886,445
373,964
232,296
M exican N atio n a l.. .M ay
378,533
373,734 f l6 9 ,5 7 0 f!4 0 ,8 5 7
Ja n . 1 to M ay 3 1 . . . . 1,771,866 1,887,335 £744,704 £685,212
M exican N o rth ern .If.M ay
58,409
........
.............
31,820
J a n . 1 to May 3 1 ....
268,906
...
143,784
........
M inn. & St. L o u is.a...M ay 140,940
148,915
46,872
35,199
J a n . 1 to May
3 1 .... 657,612 693,161
228,176
212,824
Ju ly 1 to M ay
31 . . . 1,583,169 1,807,951 623,403
657,124
N ash. Ch.<feSt.L..b.1fJune
350,289
382,256
129.363
142,691
J a n . 1 to J u n e 3 0 . . . . 2,251,539 2,457,356
857,586
932,847
J u ly 1 to J u n e 3 0 .- .. 4,821,662 5,131,780 1,850,483 1,992,375
N evada C e n tra l........M ar.
2,008
4,045
def.342
1,194
J a n . 1 to M ar. 3 1 . . . .
7,028
11,596
def.33
2,737
2,238
8,325
J u ly 1 to M ar. 3 1 . . . .
22,474
35,470
874
2,442
New Orl.<&South..a.1fMay
8,390
11,854
3,964
J a n . l to M ay 3 1 ....
42,239
55,162 def.1,131
8,203
6,700
J u ly 1 to May 3 1 ....
114,748
134,953
N.Y.L. E . «fcWest’n .c.M ay 2,024,206 2,501,614 *588,943 *843,693
J a n . 1 to May 3 1 .... 9,198,635 11,819,674 *2,157,654 *3,713,965
O ct 1 to M ay 3 1 ....1 6 ,5 0 4 ,3 9 2 19,700,546 *4,523,880 *6,447,878
N. Y. & P u tn a m ........M ar.
47,101
48,782
14,230
2,827
Ja n . 1 to M ar. 31 ..
127,376
130,283
31,341 def. 10,886
103,462
77,975
N. Y. O nt. & W est.a. .M ay
346,481
322,482
J a n . 1 to M ay 31. .. 1,367,093 1,431,783
339,269- 257,658
984,255
779,376
J u ly 1 to M ay 3 1 .... 3,462,252 3,313,976
58.519
80,814
N. Y. Bus. & W e s t.b .M a y
151,383 ' 169,663
247,791
274,512
J a n . 1 to M ay 3 1 ....
645,554
667,483
J u ly 1 to May 3 1 .... 1,595,827 1,591,261
696,329
700,564
15,637
17,460
N orfolk & 8 o u th .......M a y
40,369
46,447
J a n . 1 to M ay 3 1 . ...
190,463
186,369
54,498
62,600
J u ly 1 to M ay 3 1 ....
392,596
391,188
127.907
132,520
285.363
277,922
N orfolk & W e s t.a ....M a y
932,868
929,314
J a n 1 to May 3 1 . . . . 3,939,063 4,247,426
978,934 1,093,749
94,904
217,677
N o rth ern C entral b M ay
428,463
610,295
J a n . 1 to M ay 3 1 .... 2,203,735 2,841,445
600,106
815,667
18,843
22,942
Ohio R iv er...........b ...M a y
54,654
66,923
J a n . 1 to May 3 1 ....
246,245
307,631
84,038
101,866
Oregon Im p. C o.a......May
310,940
347,942
60,745
57,474
258,942
222,033
J a n . 1 to M ay 3 1 .... 1,496,506 1,487,697
Dec. 1 to M ay 3 1 .... 1,777,483 1,789,342
280,486
266,714
P enn, (east P . & E .)..M ay 4,247,363 6,061,287 1,251,073 2,200,684
J a n . 1 to May 3 1 ....2 2 ,0 8 5 ,8 9 6 28,102,955 6,045,884 7,405,558
Deo. 735,989
L ln e sw e st P . & E .M ay.j
D ec.1,090,269
D eo.3,457,812
Ja n . 1 to M ay 3 1 ___
Dec. 1,080,529
P eo ria Dec. & E v ....A p r.
55,749
67,206
9,233
22,081
J a n 1 to A pr. 3 0 ....
254,730
285,096
73,312
101,561
P e te r s b u r g ....’....IT .. May
46,326
50,421
12,717
12,184
J a n . 1 to May 3 1 . . . .
231,219
244,208
66,214
85,933
152,205
196,935
Ju ly 1 to May 3 1 ....
459,997
492,985
80,554
231,155
P h ilad elp h ia & E rie. M ay
309,608
507,784
Ja n . 1 to May 3 1 . . . . 1,354,245 1,991,448
345.908
634,717
P hila. & R eading....... May 1,628,230 1,964,059
676,946
802,187
Ja n . 1 to May 3 1 - ... 7,312,246 9,050,187 2,893,319 3,099,077
Dec. 1 to May 3 1 .... 9,034,757 11,018,554 3,673,546 3 ,9 /4 ,9 2 1
Coal & Iro n Co.......May 2,136,837 2,054,637 df.111,956 def.37,823
J a n . 1 to May 3 1 .... 7,876,854 9,284,705 df.367,740
48,120
Dec. 1 to*M ay 3 1 ....1 0 ,1 5 6 ,1 6 4 10,970,051 df.250,287
36,865
T otal b o th Co’s .......M ay 3,765,067 4,018,698
564,990
764,364
Ja n . 1 to May 3 L___15,189,100 19,314,892 2,525,579 3,147,197
Dec. 1 to M ay 3 1 ....1 9 ,2 2 0 ,9 2 1 21,938,605 3,423,259 4,011,786
P itts. C. C. & S t LH .Ju n e
Deo. 341,902
Deo. 180,708
J a n . 1 to J u n e 3 0
D ec.1,334,066
Dec. 335,600
P itts. M ar. & Chic. IfMay
1,604
2,842
12 def.1,288
Ja n . 1 to May 3 1 ___
13,617
16,354
3,722
1,985
P itts. Y oungs. & A ....M ay
86,781 161,718
28,457
86,895
Ja n . 1 to M ay 3 1 ....
354,249 536,955
114,266
207,195
303
P o rt R oyal & Aug. V.M ay
13,409
14,929 def.13,504
Ja n . 1 to M ay 3 1 ....
127.538 132,275
10,494
20,337
Quin. Om.& K. C. blf J u n e
19,660
22/763
3,747
4,372
Ja n . 1 to Ju n e 3 0 ....
110,998
132,184
34,976
32,234
152,293
178,879
R ichm ond & D anv..IfM ay
727,035
784,368
Ja n . 1 to May 3 1 .... 3,535,211 3,744,987
942,536 1,048,379
J u ly 1 to May 3 1 .... 7,884,387 8,551,554 2,181,057 2,721,791
G eorgia P a c ific ... If May 103,251
133,265 def.17,708
4,144
J a n . 1 to May 3 1 ....
737,715 789,102
63,103
90,020
J u ly 1 to May 3 1 ....
1,784,716 1,824,307
327,402
279,408
_

C har. Cin. & C hic... ITMay
Ja n . 1 to May 3 1 ....
C har. Sum t. & N or. .ITMay
J a n . 1 to May 31 ___
C h a ta u q u a L a k e .. if. May
J a n . 1 to May 3 1 ....
C heraw & D a r i.. b i t . May
J a n . 3 to May 31 . . .
J u ly 1 to May 3 1 ....
C hesapeake & O hio.aM ay

-Gross E a rn in g s.---- «.----- Net E a rn in g s.1894.
1893.
1894.
1893.
S
$
$
$
1,116,827 11,330,248
403,812
556,418
4,866,755 l5,443,546 1,639,697 1,929,833
12,032
10,524
121 def.3,499
71,104
67,676
11,368 def.23,345
10,885
10,264 def.4,261 def.4.676
70,856
74,290 def. 2,080
1,137
3,454
4,904
def.408
854
15,557
21,250
1,506
473
4,512
5,924 def.3,353
def.79 6
36.325
4 >.994
3,961
12,495
79,983
83,734
16,022
25,509
571,800
863,120
156,892
201,733
3,427,170 <1,106,330 1,074,204 1,185,665
8,345,789 9,499,648 2,779,303 3,002,416
51,651
185,229
161,875
67,452
986,352
809,938
228,250
347,743
139,380
224,002
31,123
82,967
665,967 11,010,061
145,860
361,703
2,516,316 i3,290,842
780,520 1,109,384

_

Bo ads.

113

THE CHRONICLE.

J uly 21, löö4.j

114

THE CHRONICLE

— Gross Earnings.-Net E a rn in g s.---Roads.
1894.
1893.
1894.
1893.
$
B ieb. & D anv. (C on.)—
S
C har. Col. & Aug.IT.May
49,109
51,587 def.5,937
3*233
28,431
Ja n . 1 to May 3 1 ---283.656
277,368
57,714
J u l y 1 to M ay 3 1 ....
613,455
629,668
108,896
170,344
Col. & Greenville.ITM ay
33,429
32,106
507 def. 5.622
Ja n . 1 to M ay 3 1 ....
246.681
227,678
70,133
57,915
J u ly 1 to May 3 1 ....
517,918
523,598
168,318
157,656
T o ta l....................... ITMay 917,824 1,001,626
129,155
180,634
J a n . 1 to May 3 1 — 4,803,263 5,039,135 1,104,203 1,254,028
J u l y 1 to May 3 1 ....1 0 ,8 0 0 ,5 0 6 11,529,127 2,785,673 3,329,199
32,893
Bioli. & P etersb u rg !!. May
28,348
9.121
6,908
J a n . 1 to May 3 1 ....
138,646
152.421
34,733
42,365
326,897
Ju ly 1 to M ay 3 1 ---288.659
62,180
100,112
74,164
R ich. F red . & Pot-.1T.May
63,300
21.406
29.397
J a n . 1 to May 3 1 ....
297,677
111,599
341,393
139,563
626,852
J u ly 1 to May 3 1 ....
544,056
182,518
247,083
43,751
R io G rande South, b f May
27,695
14,771
21.613
251,781
J a n . 1 to May 3 1 ....
129,257
55,523
117,146
214.102
R io G ran d e W e s t.b . .M ay
196,540
69,534
77,331
891,674
J a n . 1 to May 3L, ..
787,228
222,097
283,437
681.294
J u ly 1 to M ay 3 1 — 1,930,189 2,277,125
809,843
B ag.T ua.& H uron.-ir.M ay
9,063
8,894
2,404
1.910
46,572
B J a n . 1 to M ay 3 1 ....
42,577
7,447
15,039
8,943
3,103
Bag. V alley & St. L . ITMay
7,633
2,777
38,498
8 J a n . 1 to M ay 3 1 ....
34,855
10,456
11,211
135.421
47,302
8 t.L . A. & T. H .b .... Apr.
113,426
50,895
539,790
Ja n . 1 to Apr. 3 0 ....
460,023
203,263
213,531
444,083
57,871
S t Louis S outhw ’n ...M a r. ; 364,511
61,309
109,209
Ja n . 1 to Mar. 3 1 .,.. 1,068,537 1,301,295
193,641
726.295
819,733
Ju ly 1 to M ar. 31.1.Ì !3 i7 l4 ;i7 9 3,994,161
39,767
Bt P a u l & D u i...b IT.May 140,038
158,883
26,034
J a n . 1 to May 3 1 ... : 49 9 ,1 15
670,8^7
112,978
151,621
J u ly 1 to M ay 3 1 . . , . 1,385,424 1,948,681
421,149
679,065
147,449
11,001
S an A nt.& A ran. P . ..J a n .
127,038
34.051
76,301
32,536
S an F r. & N. P a c . a
M ay
77,380
27.238
307,260
‘ 69,628
Ja n . 1 to May 3 1 ---286,986
«7,584
799,055
232,556
J u ly 1 to M ay 3 1 —
730,415
265,903
44,929
gav. Artier. & Mont.lTMay
32,638
2,998
8,393
220,818
4,130
J a n . 1 to May 3 1 ....
175,023
10,186
526,303
31,239
Ju ly 1 to M ay 3 1 ---405,088
84.400
227,696
Sav. F la. & W est...ITM ay
199,492
43.258
58.298
516,785
Ja n . 1 to May 3 1 — 1,361,313 1.360,709
556,840
Ju ly 1 to M ay 3 1 — 2,809.845 2,733,496 1,040,296 1,027,247
6,073
108
2.400
B i l v e r t o n . . . . . . . . . — Ja n .
3,352
6,037
23,390
4,841
S ioux City & Nor. — Mar.
17,506
72,310
23,719
17,412
J a n . 1 to M ar. 3 1 ....
62,220
10,512
90,989
1,194
South C ar. & G a— ITMay
77,886
S o u th e rn P acific—
97,935
371,741
G a l.H .& S .A n t.b ..A p r.
352,238
87,904
284,636
390,933
Ja n . 1 to Apr. 3 0 .. 1,289,194 1,199,203
84,880
20,590
36,724
L o u isian a West.bIT May
67,455
477,010
171,936
220,023
J a n . 1 to May 3 1 ..
391,368
430.160
73,147
73,402
M’gan ’s La.& T . b.1T May 463,556
339,869
416,043
J a n . 1 to M ay 3 l . . 2,234,556 2,196,850
4,809
4,750
20.571
N .Y .T ex. & M ..b.IT M ay
17,816
92,016
20,489
J a n . 1 to M ay 3 1 ..
89,836
21,337
41,142
149,262
74,200
T ex as & N. 0 .b ....A p r .
117,626
636,390
210,346
300,789
J a n . 1 to A pr. 3 0 ..
521,703
242,494
A tlan tio sys.bll..IT.M ay 1,021,426 1,045,433
242,705
J a n . 1 to May 3 1 .. 5,039,828 5,460,098 1,182,961 1,487,920
851,292 1,203,081
Paciflo sy stem , h.IT.May 2,603,470 3,112,519
J a n . 1 to M ay 31.-12,266,778 13,687,698 4,104,683 4,653,499
T o ta l o i a ll.b ....M a y 3,624,896 4,157,951 1,093,786 1,445,784
J a n . 1 to May 31.-17,306,606 19,147,795 5,287,644 6,141,417
245,032
336,315
So. P ac. of C al__ ITMay
738,672
908,570
J a n . 1 to M ay 3 1 .. 3,849,774 4,213,981 1,455,219 1,596,246
164,727
43,089
59.298
S o .P ac. of A rir,!>.,TMay
163,410
296,444
891,224
312,115
J a n 1 to M ay 3 1 ..
851,472
77,472 def.5,628
26.614
So P a c . of N. M .blfM ay
75,061
81,572
180,997
426,999
J a n . 1 to May 3 1 ..
384,674
31,128
91,134
30,161
S ta te n I. R ap. Tr.bH .M ay
89,282
339,404
70,654
57,184
Ja n . 1 to M ay 3 1 ....
334,790
296,930
937,309
288,777
J u ly 1 to May 3 1 ....
903,546
120
2,762
def.
1,295
S tonv Cl. & C. M .. b IF.May
2,330
9,036
de*.499 def.5,340
j a n . 1 to May 3 1 ....
7,895
17,185
53,943
22,575
J u ly 1 to M ay 3 1 —
40,677
110,561 d ef.12,163
6,125
8um m it B ran ch . ..ITJune
82,938
652,300
2,174
95,989
J a n . 1 to J u n e 3 0 ---462,286
96.408 def. 11,567
8,210
L ykens V a lle y ... ITJu n e
71,773
553.240 def.3,182
67,613
J a n . 1 to J u n e 3 0 ..
409,610
206,969
def.23,730
14,335
T o ta l bo th Co’s..U J u n e
154,711
163,602
Ja n . 1 to J u n e 3 0 ..
871,896 1,205,540 def. 1,0 08
.............
21,900
T enn. Coal I. & RR.ITMay
.............
...........
254,700
J a n . 1 to M ay 3 1 . . . .
........
.............
.............
183,500
Feb. 1 to M ay 3 1 . . . ...........................................
def.386
1,225
T ex. Sab.V. & N .W ....M ay
3,187
3,898
7,383
Ja n . 1 to M ay 3 1 . . . .
17,931
22,079 def.2,267
6,422 def.20,957
T ol. A. A .& N o . M ...M ay
75,426
80,222
119,763 def.15,349
J a n . 1 to May 3 1 . . . .
416,072
428,697
38,543
3,270
Toledo & 0 . C e n t.b ll. May
75,078
142,700
179,947
277,065
J a n . 1 to May 3 1 ___
563,186
821,330
534,496
685,198
J u ly 1 to M ay 3 1 .... 1,541,856 1,949,401
5,655
20,168
ro l.P eo ria& W est.b flJu n e
60,699
80,608
61,714
101,561
J a n . 1 to J u n e 3 0 ....
400,339
461,068
245,224
183,900
J u ly 1 to J u n e 3 0 ....
914,732
985,634
3,663
9,893
U lste r & D elaw ’e..IT.M ay
31,698
36,851
37,782
27,627
Ja n . 1 to May 3 1 ....
136,503
140,359
132,699
130,047
Ju ly 1 to May 3 1 . . . .
389,660
393,382
U n ion Pacific—
525,048
239,552
U nion P ac. Ry..b1T M ay 1,188,715 1,510,993
Ja n . 1 to M ay 3 1 __ 5,377,513 6,975,703 1,382,784 2,420,467
253,791
93,705
Oreg.S.L.&U.N.b1T.May
423,456
648,202
562,929
914,487
Ja n . 1 to M ay 3 1 .... 1,964,293 2,589,370
73,456
O re. R y.& N .C o.bfl.M ay
246,070
343,567 def.1,055
257,291
Ja n . 1 to M ay 31 . . . 1,130,414 1,517,549 def.70,075
61,018
Un.P.D.&Gulf.b..1TM ay
236,614
356,672 53,799
313,808
J a n . 1 to M ay 3 1 .... 1,107,258
1,663,373 218,298
36,037
Ft.W orth&D.C.b..1TM ay
89,671
143,290
7,447
143,452
J a n . 1 to May 3 1 ....
439,610
640,692 49,992
19,600
Bt.Jos.& Gd. I s l.M M a y
70,681
83,954
4,529
146,157
J a n . 1 to M ay 3 1 ....
356.438
433,991
96.337
K an . C. & Om ...bTTM ay
10.213
12,093 [def.3,276 def. 1,063
19,996
J a n . 1 to M ay 3 1 . . . .
51,103
76,797
1.137
11,579
C ent. B ra n c h ...b .n M a y
38,11«
39,431
12,240
77,103
Ja n . 1 to M ay 3 1 ....
184,335
215,567
72,833




[V O L . L 1 X ,

-Gross E arnings.— Net E arnings.----»
Roads.
1894.
1893.
1894.
1893.
U nion Pacific (Con.)—
$
$
$
A tch. C. & Pac. ) KrTiiTav
35,210
41,053
def. 421 def. 13,912
A t.Jew .C . & W. f D 1May
Ja n . 1 to May 3 1 ....
166,156
247,603
21,161
20,419
M ontana Union. bIT May
34,804
101,833
5,192
3 5 ,4 7 a
J a n . 1 to M ay 3 1 ___
150,788
15,114
323,077
73,561
Man. Alma & B .. b. ITMay
3,998
5,085 def.2,177 d ef.3 ,1 0 9
18,490
J a n . 1 to M ay 3 1 ....
18,269 def.3,132 def.6,213
G rand T o ta l...M tM a y 2,533,221 3,454,118
373,315
961,260
Ja n . 1 to M ay 3 1 ....1 1 ,7 7 9 ,9 8 8 15,843,516 2,301,192 4,437,947
W abash.b....................M ay
857,244 1,110,904
239,877
137,228
Ja n . 1 to M ay 3 1 .... 4,505,906 5,322,964
852,670 1,082,400
J u ly 1 to M ay 3 1 ....1 1 ,7 2 2 ,0 0 9 13,009,350 2,517,596 3,111,216
W aco & N orthw ’n..IT.May
11,623
15,824
5,192
2,217
J a n . 1 to May 3 1 ....
67,227
81,981
27,579
16,948
121,750
W est Je rs e y & Brs.1T. May
147,257
36,325
50,844
J a n . 1 to M ay 3 1 ....
533,105
604,038
111,426
116,087
100,937
W estern M ary lan d ...M ay
101,642
35,850
35,777
450,571
Ja n . 1 to May 3 1 ___
425,997
121.971
121,667
636,035
Oct. 1 to M ay 3 1 ....
736,982
213,945
192,768
39,447
W est’n o f Alabam a.HM ay
33,436
10,305
3,439
205,854
J a n . 1 to May 3 1 ....
195,727
37,651
16,060
Ju ly 1 to May 3 1 ....
474,054
113,512
466,219
143,278
West.N. Y .& Penn. blT.May
182,566
320,442
20,922
104,759
J a n . 1 to M ay 3 1 .... 1,035,418 1,480,006
286,365
432,309
J u ly 1 to M ay 3 1 .... 2,780,927 3,398,145
754,472 1,107,79532,484
W est Va. & P i t t s ___Apr.
34,976
18,9 3 0
19,934
Ja n . 1 to A pr. 3 0 ....
113,425
116,950
16,807
53,447
W est V a. Cent. & P. ..M ay
56,717
105,606
37,580
16,176
Ja n . 1 to May 3 1 ___
372,560
455,421
131,274
148,019
J u ly 1 to May 3 1 ....
916,073 1,007,111
326,112
336,755
W hitebreast F u el Co.M ay
11,984
1,173
J a n . 1 to May 3 1 ___
36,311
76,051
J u ly 1 to May 31 ___
121,942
119,097
W rightsv. & Tenn..IT.May
4.836
91
5,022
d e f 106
Ja n . 1 to May 3 1 ___
31,653
11,095
1,279
30,042
J u ly 1 to M ay 3 1 ___
71,352
22,26L
20,357
67,408
a N et earn in g s h e re given a re a f te r d educting ta x e s,
b N et earn in g s h e re given a re before d ed u ctin g ta x e s ,
c N et earn in g s h ere given are a fte r deducting ta x e s on p ro p erty ,
d C onsolidated lin e ; includes Ohio & M ississippi,
e In clu d es M ilw aukee & N orthern fo r all th e period in b o th years,
f A fter d educting o th e r ex p en d itu res fo r rep airs, rep lacem en ts an d
general expenses, n e t incom e applicable to in te re st on bonds in M ay
w as $34,950, a g a in s t $90,039 la s t y ear, a n d fo r five m o n th s to
M ay 31 $376,823, a g ain st $159,472 la s t year. M exican dollars a re
tre a te d as eq u iv alen t to 80 cen ts U n ited Stages m oney, a n d a ll d ep re­
ciation beyond 20 p e r c e n t is charged in th e abo re item s. A dding
earn in g s received from F ed eral go v ern m en t to ta l n e t availab le fo r
in te re st fo r five m onths in M exican currency on th e 80 cen ts basis
w as .$454,491, ag ain st $359,472 la s t year.
i In clu d in g o th e r incom e, n e t from j a n . 1 io Ju n e 30 w as $218,461*
a g a in st $143,763, an d fo r tw elve m o nths to J u n e 30 $589,953, a g a in s t
$484,771.
j Does n o t include G rand R apids & In d ia n a an d V andalia sy stem s
form erly included in th e m onthly sta te m e n ts.
I t Includes C u rren t R iver an d K an sas C ity C linton & Springfield!
ro ad s
* A fter d educting p ro p o rtio n due ro ad s o p erated on a p e rc e n ta g e
b a s is .n e t in M ay, 1894, w as $ i2 6 ,716, a g a in st $610,384 in 1893; fo r
five m onths from Ja n u a ry 1 to M ay 31, $1,345,943 in 1894, a g a in s t
$2.667,076 in 1893, an d fo r eig h t m o n th s from O ctober 1 to M ay 31,
$3,039,149, a g a in st $4.678,792.
i Includes only one-half of lin es in w hich U nion P acific h a s a p a r t
in te re st. F ig u res are given exclusive of re su lts on L eav en w o rth
Topeka & S outhw estern.
|| In clu d in g incom e from ferries, &c.
*
II A p a ra g ra p h m ark ad d ed a f te r th e n am e of a road in d ic a te s t h a t
th e figures fo r th a t ro ad fo r th e period given h av e n o t p rev io u sly been
p u b lish ed by us.

interest Charges and Surplus.— T h e f o l l o w i n g r o a d s , in
a d d itio n to th e ir g ro s s a n d n e t e a r n in g s g iv e n in th e fo r e g o in g ,
a ls o r e p o r t c h a r g e s f o r i n t e r e s t , & c ., w i t h t h e s u r p l u s o r deficit
a b o v e o r b e lo w th o s e c h a r g e s .
i—Inter’t, rentals, <£c.~\ r - Bat. o f Net E a rn s.—..
1894!
1894.
1893.
1893.
Roads.
$
$
$
$
9.133
4,755 d ef.1 ,0 8 2
Cam den & A t l ___ITMay
11,779
55,339
J a n . 1 to M ay 3 1 ___
49,863 def. 2 3,688 def.65,716
822,880 def. 19,480
286,504
800,000
C hic.B url. & Q uincy..M ay
505,272
636,398
J a n . 1 to M ay 3 1 ___ 4,000,003 4,1 L4,404
8,702:
32,758
32,698 def.10,563
Ohio. & W est M ich....M ay
163,791
Ja n . 1 to May 31 ---163,233 def.96,739 def.29,203
52,055
84,285238,124
224,315
01ev.Cin.Chic.& S hL .M ay
503,983
910,477
J u ly 1 to May 3 1 ---- 2,516,187 2,426,343
36,802
36,802 def.35,078 def.20.236
P eo ria & E a ste rn ... Apr.
363,017 df.179,852 df. 1 0 3 ,3 5 a
368,017
J u ly 1 to Apr. 3 0 ---78,246
199,656
224,573
27,130
D en v er & Rio G r’de..M ay
126,852 1,306,2 $ a
J u ly 1 to M ay 3 1 .... 2,219,792 2,413,275
29,860
26,241 def. 13,735 def.8 ,2 8 0
D et. L ans. & N o r.....M a y
131,362 df. 102,128 d ef.4 7 ,6 1 2
149,606
J a n . 1 to M ay 3 1 —
11,084
51,076
48,537 def.14,823
F lin t & P e re M arq ...M ay
37,608
253,012
250,322
13,861
J a n . 1 to May 3 1 ....
113
2,940
10,356
6,640
K a n a w h a & Mich..IT.May
110,852
3,028 def.43,304
110.198
K an . C. F t.S . & M ...M ay
242,374
79,691
J u ly 1 to M ay 3 1 .... 1,253,544 1,232,290
39,108 def.37,789 def.53,074
39,969
K an . C. Mem. & B ir..M a y
421,569 df. 261,545 df.23S,277
436,938
J u ly 1 to M ay 3 1 ___
61,841
35,303
56,452
53,666
L ak e E rie &West’n.1TMay
340,262
230,378
268,111
279,599
J a n . 1 to M ay 3 1 ....
2 0 ,6 9 a
6,047
122,001
123,316
N ashv.C hat.& S t.L .l[June
382,362
508.677
J u ly 1 to J u n e 3 0 ___ 1,468.121 1,483,698
3,557 def. 1,520 def.1,352
3,557
Sag. V alley & St. L ..A p r.
14,227 def. 6,8 74 def.5,793
14,227
J a n . 1 to A pr. 3 0 ....
15,194
9,788
17,450
17,342
S an F ran.& N o.Pae...M ay
73,91541,792
190,764
191,988
J u ly 1 to May 3 1 ....
def.37,800
59,700
T enn.C oal I. & RR..ITMay
def. 55,300
238,800
F eb. 1 to M ay 3 1 —
33,203.
18,327
17,636
17,998
W est Je rs e y & Brs.1T May
24,882
23,434
87,943
91,205
J a n . 1 to M ay 3 1 ---U A p a ra g ra p h m a rk added to th e n am e of a ro a d in d icates t h a t th e
figures fo r th a t ro a d fo r th e p eriod g iven h av e n o t p reviously b een
p u b lish ed hy us.
w8VU"
„ ,,
.1 n ' in clu d es C u rren t R iv er and K an. C..Clin. & Springfield.

J

uly

115

THE CHRONICLE,

21, 1894.]

ANNUAL REPORTS.

GENERAL INVESTMENT NEWS.

Southern Cotton Oil Company.
( For the year ending April 30, 1894. J
The report of Mr. Henry C. Butcher, President of this com­
pany, states that all of the mills have been in operation during
the past season/ The seed has been of good quality and the
product satisfactory. In Arkansas, Tennessee, the Mississippi
Valley, and Texas, particularly the latter State, conditions
early in the season pointed to a short crop of cotton, and this
prevailed until November. Consequently, there was sharp
competition for seed and very high prices were paid until De­
cember. The exceptional weather for picking cotton through­
out the cotton belt made a good average crop of what would
otherwise have been a short one, and what at one time looked
like a fair season’s business has proved most unsatisfactory.
He remarks that “ one of the greatest abuses in the seed­
buying business has been the system of advances to planters.
Your company has decided to discontinue this practice en­
tirely, and we think this will be made the rule by all the im­
portant companies. It is gratifying to note that notwith­
standing the commercial depression that has existed during
the past season there has been an enlarged consumption of
oil. When we closed our books on the 30th of April, 1898, we
had a large stock of manufactured products on had, princi­
pally oil, and, while we have made some fifteen thousand
barrels more than last year, our stock to-day is about onetenth of that at same date last season. Our experience with
the merchandise carried over last year was very unfortunate.
Owing to the financial panic it was almost impossible to sell
anything, and it was with great difficulty we disposed of our
stock, even at a material loss. This loss represents about the
deficit in our earnings of this year, and is of course included
in the account. It is believed that never at this season of the
year were there such light stocks of oil and products in first
hands since the industry has assumed its present magnitude,
showing largely increased outlets. Your board has expended
during the year some $103,000 for new machinery, better­
ments and repairs, which has all been charged to expense
account, and the property of the company has been constantly
kept up to the highest degree of efficiency. The various mills
and properties of your company are entirely free and unen­
cumbered.”

Alabama Great Southern.—Cincinnati Extension.-^In
regard to the controversy between Baron Erlanger and the
American bondholders and the sale of the collateral securing
the mortgage, the N. Y. Sun says : “ The Central Trust Com­
pany, trustee of the five per cent Cincinnati extension mort­
gage, has given notice that it will sell at public auction on
August 22 all of the property embraced in the mortgage.
This property consists of 34,000 “ A” first preference shares of
the Alabama Great Southern Railway Company, Limited,
78,001 “ B” ordinary shares of the same company, being a
majority of the capital stock and 5,001 shares of the stock of
the Cincinnati New Orleans & Texas Pacific Railway Com­
pany.
“ This action by the trustee is taken at the request of the
American bondholders, between whom and Baron Erlanger,
representing about $3,000,000 of bonds, or one-half of the
total issue, there has been a controversy since last March.
“ The Cincinnati extension 5s control by ownership of stock
the Alabama Great Southern and Cincinnati Southern rail­
roads, which were a part of the East Tennessee Virginia &
Georgia system. The terms offered in the Richmond Ter­
minal plan of reorganization were not accepted by the
bondholders and they were excluded from participation in
the modified plan.
“ A committee was then appointed to look after the interests
of the bondholders, partly with the hope that better terms
could be made with Drexel Morgan & Co. and the properties
retained in the Richmond Terminal system as reorganized.
On this committee Baron Erlanger had a representative.
Notwithstanding this fact, however, he began to treat with
other interests without the knowledge of the members of the
committee representing American bondholders, and in March
last the latter were surprised by the announcement that
Baron Erlanger had sold his bonds to a syndicate interested
in tne Cincinnati Hamilton & Dayton Railroad Company.
In making this announcement the Baron said that he had
stipulated that the syndicate should also take the other bonds.
“ Following this transaction came the statement of the
scheme of the Cincinnati Hamilton & Dayton people, which
was not well received by the American bondholders. It
provided for the formation of a new company, with first
mortgage and income bonds and common stock, for which
the Cincinnati extension 5s were to be exchanged. No further
security was put behind the bonds, but the agreement of
exchange contained a provision designed to perpetuate the
control of the new company by Messrs. H. A. Taylor, H. F.
Shoemaker and M. D. Woodford, representing the Cincinnati
Hamilton & Dayton, or by such successors as they might
name.
“A conference was called and the proposition was rejected
unanimously by the American bondholders after some of the
bondholders had plainly expressed their views of Baron
Erlanger’s action. Since then the matter has practically lain
dormant, until recently Baron Erlanger made a demand for
a proxy on the majority stock of the Alabama Great Southern
Railway in order that he might elect six new directors at an
extraordinary meeting to be called in London. The American
bondholders protested against the giving of such a proxy,
lest it should further the Baron’s scheme for turning the
property over, contrary to their int erests, to the purchasers of
his bonds, and in order to settle the question of control have
requested the trustee to sell the securities. The money
received from the sale will be divided pro rata among the
bondholders, and the control of the Alabama Great Southern
and the Cincinnati Southern will pass to the purchaser.”
American Sugar.—At Boston Judge Barker imposed a fine
of $200 on the American Sugar Refining Company and ap­
proved of the decree enjoining the company from doing
further business in Massachusetts unless they file a statement
of financial condition on March 1, as required by the statute.
Brooklyn Elevated.—The statement of this company for
the quarter and year ending June 30 shows the following :

PROFIT AND LOSS ACCOUNT.

1893.
Dr.
Cr.
A p ril 30. B y b alan ce from la s t a c c o u n t...................
$262,668
1894.
A p ril 30. To loss fo r th e y e a r 1893-94.....................$146,011
“
“ b alan ce to n e x t a c c o u n t....................... 116,657
$262,668 $262,668

Rutland Railroad.
( For the year ending June 30,1894.)
The annual report of the Rutland Railroad Company, which
is leased to the Central Vermont, for the fiscal year ended
June 30, 1894, shows that $33,252 was expended for iron and
steel bridges, and the rental has increased to $365,557. Cash
transactions were : ,
RECEIPTS.

1892-93.
$
C ash on h a n d in b a n k s ........................
325,486
B e n t of ra ilro a d .............................
359,438
B e n t of re a l e s t a t e ....................................................
3,970
Stocks an d b onds s o ld .............................................................
: C ash borrow ed te m p o ra rily .........................
164,000
P in e S tre et ro a d w a y ......................................................................
In co m e from stocks and b o n d s.........................
l* ,5 2 6
In te re s t on ad vances to C e n tral V e rm o n t.........
5,167
I n te r e s t..................... .................. .................... ................................
T o ta l............................................

876,587

1893-94.
9
102,146
364,422
1,580
25,000
204,246
800
13,545
658
m
712,508

DISBURSEMENTS.

1892-93.
$
N otes p ay ab le p a id ....... .......
289,000
I n t e r e s t . . . . . . . ......... ...........
1,546
A ddison R ailro ad r e n ta l........... ...............................
15,000
D iv id en d s......................................................................
169,531
Coupons, 4*s p e r ce n t b o n d s ........... ....................
22,500
Coupons, 5 p e r ce n t b o n d s..............................
74.905
Coupons, 6 p e r ce n t bo n d s.........................
90,243
B e al e s ta te ................................. ....................... ...............................
E q u ip m e n t...................................................................
40,302
9,743
E x p e n se s............................................................
C ash on h an d an d in b a n k s ................... ......... .
102,14 6
S to ck s a n d bonds p u rc h a se d ..................................
61,669
T o ta l

1893-94.
$
277,695
2,937
15,000
169,346
23.400
71,937
87,864
10,943
33,252
6,699
13,435

876,587

712,508

1893.
Assets—
$
C o n stru c tio n ........................................
7,533,422
E q u ip m e n t ......................................................
1,927,896
Stocks, bonds, e t c ......................................................
499,483
B e al e s ta te ............ ............................. .............. .
129,229
C ity of B u rlin g to n ................. ....................................
......... .
B e n t of railro ad dne an d u n p a id .........................
130,413
C ash on h a n d a n d in b a n k s......... .................
102,146

1894.
$
7,533,422
1,961,148
474,483
134,372
5,000
130,412
13,435

T o tal a ssets..................

L ia b ilitie s —

....1 0 ,3 2 2 ,5 8 9

10,252,273

2,480,600
4,239,100
1,500,000
1,500,000
500,000
72,695
2,258
7,985
19,952

2,480,600
4,239,100
1,468,100
1,491,900
540,000
........
2,476
7,927
22,169

Li T o ta l lia b ilitie s....................................................10,322,589

10,252,273




N et ea rn in g s.............. 233,769
In t., ta x e s an d r e n t a l s .. 191,723
B a l a n c e .................. su r.42,046

BALANCE SHhET JULY 1.

Common s t o c k ........... .............
P re fe rre d sto ck......................
F irs t mortgage* 6 per cent, 1 9 0 2 ............
Second m o rtg ag e. 5 p e r cen t, 1898.....................
C onsolidated m ortgage, 4 ^ p e r cent, 1941.......
N o tes p a y a b le ..., ....................................................
D ividends u n p a i d ....... ......... »..............................
Coupons du e an d u n p a id .........................................
P ro fit an d lo ss.......................... . ................................

,—Q uar. end. J u n e 30.—, ,—Y e a r end. Ju n e 30.—.
1893.
1894.
1892-93.
1893-94.
$
$
$
$
G ross e a rn in g s................ 506,735
470,161
1,947,131 1,761,176
O perating ex p en ses.. . . . 272,986
265,460
1,091,715 1,080,434
204,701
2u4,141

855,416
744,308

680,742
807,362

s u r .560 sr.111,108 def.126,620

Called Bonds.—The following have been called for pay­
ment :
N o r t h e r n P a c i f i c RR.-----Twenty-four Pend D’Oreille Div­
ision bonds will be paid on demand. See advertisement in
C h r o n i c l e of July 14.
Central Jersey Traction—New York & Philadelphia
Traction.—Articles of incorporation were filed in the Secre­
tary of State’s office at Trenton, N. J., on the 13th inst., of the
Central New Jersey Traction Co. and New York & Phila­
delphia Traction companies, with a capital stock of $LO,500,000.
This projected system of electric loads is not merely a
single trunk line, runaing by the nearest route between New
York and Philadelphia, but a net-work of roads taking in and
connecting the principal cities, towns and villages in the State.
The direct line of the mam stem of the system is to com­
mence at Paterson. Leaving Paterson, the road will pass
through Montclair, Bloomfield, O r a n g e , Maple wood, Wyo-

] 16

THE CHRONICLE.

[V o l .

L1X.

ming, Springfield, Westfield, Millburn, Fanwood and Nether- and Frederic R. Coudert, the remaining Union Pacific re­
wood, to a connection with the present electric railway ceivers, although requested to do so by the attorneys for the
system in the city of Plainfield and thence through Plainfield plaintiffs. He ordered them to continue to operate the Kansas
Pacific as a part of the Union Pacific system, but instructed
to Dunellen and Bound Brook.
Crossing the track of the New Jersey Central Railroad at them to keep the accounts of the road separate from the other
Finderne, the road will pass Hillsboro Station on the Lehigh parts of the system, and turn over all surplus earnings to the
Yalley Railroad and Western Station on the Philadelphia & Court for the benefit of the stockholders.
Reading and through Millstone, Rocky Hill, Kingston,
Minneapolis & St. Louis.—In view of the recent decision
Princeton, Lawrenceville and Trenton.
whereby the road may be foreclosed under the equipment
From Trenton the road will pass through Morrisville, Tully- mortgage, the stockholders’ committee have been perfecting
town, Bristol, Cornwells, Torresdale, Tacony, Holmesburg a plan which it is expected will shortly be announced.
and Frankford, connecting at the latter point with the exist­
The plan, it is reported, provides for a $10,000,000 consoli­
ing lines into the heart of Philadelphia. It will also connect dated mortgage and $2,500,000 of first preferred stock. The
at Trenton wth a line to be built on the east side of the Dela­ latter is to be used in part for a proposed assessment. A por­
ware to Camden.
tion of the $10,000,000 bonds will be kept in the treasury to
Branches of the line will run from Bound Brook to New retire certain underlying bonds at maturity. The fixed
Brunswick, Somerville and Raritan ; from Bloomfield to charges of the road under the reorganization, it is asserted,
Caldwell and Irvington and to. Morristown via. Chatham and will be less than they have been in the past. This is due
Madison.
largely to the fact that the equipment bonds carried 6 per
At Irvington connections will be made with the existing cent interest whereas the new bonds will carry but 5 per
line of the Consolidated Traction Company, making a direct cent.
route to Newark and Jersey City.
New York & East River Gas.—The formal opening of the
From Westfield the road will be built to Rahway, connect­ great
tunnel of the New York & East River Gas Company from
ing there with the electric railway to Perth Amboy.
Seventy-first Street, New York City, to Ravens wood,
Another branch will be built from the present system in East
Island City, upon which work was begun in May, 1892,
Rahway to Elizabeth, connecting there with the Consoli­ Long
place this week.
dated Company’s system; also a branch from Bound Brook took
The work has been pushed forward night and day, and on
to the city of New Brunswick, connecting there with the Wednesday
night, the 11th inst., at a point 1,700 feet from
present street passenger railway.
Seventy-first Street and 800 feet from Ravenswood shaft the
The entire system will comprise about 150 miles of electric two
gangs of men found themselves face to face.
railway to be built, operated and managed by two corpora­
The plans had been so accurately drawn and adhered to it
tions, the Central Jersey Traction Company, with a capital of was
that the two ends of the tunnel had nearly exactly
$500,000, and headquarters at No. 2 Wall Street, New York, met found
and that the variation was but half an inch.
and the New York & Philadelphia Traction Company, with a
The location of the tunnel is a straight line a little north of
capital of $10,000,000, and general offices at Trenton, N. J.
from the Ravenswood works, between Hunter’s Point
The officers and directors of the first named company are: west
Astoria, to the foot of East Seventy-first Street. It passes
President, Hon. Frank A. Magowan of Trenton; Vice-Presi­ and
Blackwell’s Island, the west and the east channel of
dent, ex-Sheriff E. W. Hine of Newark; Secretary, J. H. under
East River. It is 2.541 feet long, 10 feet wide and 8%
Baldwin of Newark; Treasurer, James H. Darrah, of Tren­ the
high in the centre of the arch.
ton; directors, D. N. Boyne of New York; W. H. Swirm of feet
The tunnel is 135 feet below the surface and 216,000 cubic
Trenton, Joseph H. Reall of Bloomfield, and J. C. McNaUgh- feet
of solid matter were taken out of it.
ton of Philadelphia. Mr. Magowan is also President of the
Three immense gas mains, one forty-eight inches in diame­
New York & Philadelphia Traction Company.
ter and the other two thirty-six inches each, from the genera­
Choctaw Coal Railway.—Hon. C. B. Stuart, United States tors at Ravenswood, will be run through the tunnel to feed
Judge for the Indian Territory, gave an order on the 17th the service pipes of the East River Gas Company in New
inst. to sell the Choctaw Coal Railway on September 8 next. York.
The capitalization of the company is $2,000,000 of pref. stock,
The press report says that if the owners fail to pay all re­
ceiver’s certificates outstanding, about $800,000, the stock and $5,000,000 common stock and $3,500,000 first mortgage 5 per
bondholders have agreed to pay off this indebtedness, take cent 50-year bonds. Emerson McMillin is the President,
the road out of the hands of the receiver, and reorganize and Emanuel Lehman and Richard N. Young, Vice Presidents.
complete the road to Oklahoma City on or before January 1 Directors: August Belmont, Charles F. Cutler, Frederic Crom­
next.
well, Robert Goelet, Harry B. Hollins and R. T. WilsoD. ,
New York Stock Exchange—New Securities Listed.—
Evansville & Richmond—Evansville & Terre Haute.—
In the suit brought by a stockholder of the Evansville & Terre The following have been listed:
Haute Railroad Company to enjoin the company from paying
C h ic a g o B u r l in g t o n & Q u in c y .—$1,000,000 consolidated m o rt­
interest on the bonds of the Evansville & Richmond Railroad gage 7 p e r ce n t bonds of 189rf, m ak in g to ta l listed $26,677,000.
C e n t r a l W a s h in g t o n R a il r o a d .—T ru st com pany certificates of
Company, which it had guaranteed, the Court of Indiana has dep
o sit of first m ortgage bonds.
decided that as the Evansville & Terre Haute Railroad Com­
W b s t e r n U n io n T e l e g k a p h Co m p a n y .—$550,000 stock, m aking
pany received the proceeds of the bonds which were sold by to ta l listed $95,370,000.
State o p T e n n e sse e .—$469,000 red em p tio n 4 p e r ce n t bonds of
it with its guaranty, it cannot now repudiate its obligations. 1907,
red em p tio n 4t$ p e r c e n t bonds of 1913, $600,000
In the course of the opinion, the Court used the following p e n ite$1,000,000
n tia ry 4^2 p e r ee n t bonds of 1913.
language: “The bondholders have executed the contract,
Northern Pacific.—The second mortgage bondholders’
paid their money, of which the plaintiff had the benefit, and committee
of the Northern Pacific Railroad Company, of
he cannot invoke the aid of a court of equity to assist him to which Mr. Johnston Livingston is chairman, has issued a cir­
defraud them out of their money.” Under this decision the cular to the holders of these bonds in which the following
Evansville & Terre Haute Company must pay the interest points are made :—
in default since March 1 upon the Evansville & Richmond
The second mortgage was originally for $20,000,000, but
bonds under its guaranty.
was reduced to $19,216,000 by the operation of the sinking
Jarvis-Conklin Mortgage T rust Co.—The securities fund executed on Nov. 20, 1883. The liens prior to above
pledged by the Jarvis-Conklin Mort. Trust Co. to the Mercan­ mortgage aggregated $45,752,000. The earnings of the com­
tile Trust Company as trustee have been sold to the reorgan­ pany for many years, and until the present depression in busi­
ization committee of the Jarvis-Conklin Company, of which ness, have been more than sufficient for the payment of the
Mr. Henry W. Cannon is Chairman. The total amount of the interest and sinking fund charges of the first and second mort­
principal of the mortgage is #1,280,176, and the total amount gage bonds.
of debentures outstanding is $1,230,800. The purchase price
The net earnings for the years ending June 30 were as fol­
was 40 per cent of the principal of the*mortgage, or $492,070. lows :—1888, $7,127,980; 1889, $8,053,849; 1890, $10,487,928;
The reorganization committee have deposited under their 1891, $11,343,682; 1892, $11,748,312 ; 1893, $11,152,723. De­
plan 99 per cent of the debenture bonds.
ducting from the above figures rentals of leased lines, etc.,
Kansas Pacific.—At Topeka, Kansas, July 16, foreclosure (including in later years the loss in operating the Wisconsin
proceedings were begun in the United States Circuit Court Central lines and the Chicago Terminal.) the net income of
against the Union Pacific Railroad Company by Russell Sage the company was as follows :—1888, $5,464,549 ; 1889, $5,833.and George J. Gould, trustees of the bondholders of the Kan­ 848 ; 1890, $7,730,900 ; 1891, $8,579,505 ; 1892, $8,763,100 ; 1893,
sas Pacific Railroad Company, which has for a long time been $7,824,516
Even the receivers, in their petition to the court for receiv­
a part of the Union Pacific system. The property covered by
the bonds is the old Kansas Pacific, extending from Kansas ers’ certificates, estimate the net earnings for the year ending
City to Denver and from Denver to Cheyenne. The bonds, June 30, 1894, to be about $3,732,555, which shows that in
amounting to $11,724,000, were issued by the Kansas Pacific on spite of the depression in business, floods, etc., the company
May 1, 1879. In the complaint it is set forth that the bonds during the twelve months ending June 30, 1894, earned the
are in default; that since the property passed under the con­ interest and sinking fund charges on the first mortgage
trol of the Union Pacific Company its revenues, which were bonds, collateral trust notes, receivers’ certificates, rentals,
amply sufficient to protect the bondholders, have been divided and, in addition, part of the interest on the second mortgage
to defray the losses incurred in the operation of other parts of bonds. From the above figures it is apparent that if the
the system, and that the plaintiffs were losers in consequence. earnings had not been diverted the interest on the seconds
Judge G. G. Foster was asked to appoint receivers for the Kan­ would have been paid.
“ Unfortunately for the holders of the second mortgage
sas Pacific to take charge of the property that the surplus earn­
ings of the Kansas Pacific proper might be used to pay interest bonds, the Court, upon application of the receivers, and prac­
and principal on the bonds. Judge Foster appointed S. H, H. tically with the consent of the trustee under the mortgage,
Clark, Oliver W. Mink and E. Ellery Anderson, three of the who is as well trustee for all junior mortgages, has authorized
receivers of the Union Pacific Railroad Company, as recovers the issuance of about $6,009,000 of receivers’ certificates, of
of the Kansas Pacific, but declined to appoint John WJ Doane which $3,000,000 have been issued, to take care of a floating




J uly 21, 1894.]

THE CHE0N1CLE.

debt secured by collaterals, which certificates are a prior lien
to the second mortgage. The Court also authorized the pay­
ment of interest on $12,355,000 of collateral equipment trusts,
representing a floating debt and equipment charges junior to
the second mortgage bonds, while the interest on the second
mortgage bonds remains unpaid.
“ The committee deem it imperative that prompt and vigor­
ous action should be taken to prevent a recurrence of such
action. In view of the terms of the consolidated or fourth
mortgage, it is apparent that there must arise between the
bondholders and the second mortgage bondholders the ques­
tion as to the rights of property, which should and can be
only cared for and protected by separate committees.”
—The Northern Pacific Receivers have paid the first instal­
ment due on the $1,000,000 advanced by the Adams reor­
ganization committee to pay July interest. The amount of the
payment is not stated.
Oregon Short Line.—The holders of the first mortgage 6
per cent bonds of the Oregon Short Line Railway Company
are uniting to resist the attempt of the receivers of the Union
Pacific to get the Federal Court to relieve them from the ob­
ligations of the contract of Jan. 12,1882, by which the interest
on these bonds was guaranteed. The bondholders’ committee
consisting of R. C. Martin, John Bigelow, Cyrus J. Lawrence
and Bernhard Mainzer, of Hallgarten & Co., of New York,
and Gordon Abbott, of the Old Colony Trust Company, of
Boston, have issued a circular in which they say:
“ A committee of reorganization, acting in the interests of
the Union Pacific Railway Co., has appeared in the public
prints, asking for a deposit of all bonds of the Union Pacific
system, including the Oregon Short Line first mortgage bonds,
without disclosing the committee’s plan of reorganization.
The holders of the 5 per cent consolidated bonds of the Oregon
Short Line & Utah Northern Railway Co., with which the
Oregon Short Line Railway Co. was consolidated, have also
appointed a committee, and are asking for the deposit of
bonds with various depositaries in this country and in Europe,
for the purpose, as they say in their published notice, of acting
in harmony with the Union Pacific Reorganization Com­
mittee.
“ Holders of the securities of other allied lines are getting
together their bonds for self-protection, and we consider it
important that you should mass your bonds and stand united
in resisting any and all attempts to reduce their interest. You
have now to decide whether you will unite for the purpose of
maintaining undisturbed your first mortgage bonds, for
which many of you have paid a large premium, and which
have still many years to run, or whether you will allow your
rights to be determined by those whose interests would be
served by the modern method of reducing the interest of a
first mortgage railroad bond for the benefit of the holders of
junior securities.”
Sioux City & Northern.—At Sioux City, la., July 11, the
Manhattan Trust Company of New York filed in the Federal
Court a petition for a decree of sale of the Sioux City &
Northern road under its bonds.
Trow Directory Company.—The stockholders of this com­
pany held their annual meeting in Jersey City this week.
Mr. S. Y. White presided and Robert W. Smith, President of
the company, submitted a report showing that the concern is
getting out of the difficulties in which it was involved by the
failure of the United States Book Company, which was a
debtor of the Trow Company to the extent of $200,000. He
said that it had been necessary to pass six quarterly dividends,
but the debt of the concern has been reduced $90,000 and the
floating liabilities do not exceed $7,500.
The date for the annual meeting was changed from the
third Tuesday in July to the fourth Tuesday in August, in or­
der to enable the Treasurer to present a full report for the
company’s fiscal year, which ends on July 31. Treasurer
Hopkins offered a resolution that Howard J. Forker, Philip
Hathaway, Robert W. Gibson, Sidell Tilghmann and S V.
White be appointed a committee to investigate the company’s
affairs in accordance with the suggestion made in his report.
An explanation was made as to how the United States Book
Company received such a large line of credit. The Treasurer of
the Trow Company prior to 1892 was Edward Lange, and he
was also Treasurer of the Book Company. The directors passed
a resolution giving the Book Company credit up to $100,000,
and Lange, without authority, extended it to $165,000. The
Trow Company’s directors then fixed the limit at $165,000,
and ordered that no more credit should be given, but Lange
permitted the Book Company to pile up its indebtedness until
it reached $200,000. It was then that the crash came. The
directors of the Trow Company removed Lange. Then the
Book Company failed to meet its notes and went into the
hands of a receiver. This embarrassed the Trow Company
and was the cause of all the trouble. The present directors
were re-elected, receiving 13,651 votes. They are Robert W.
Smith, William H. Bates, Franklin W. Hopkins, G. P.
Morosini, M. R. Lawrence, S. D. Page, E. M. Barnes.
Union Pacific.—At St. Paul. July 19, E. Ellery Anderson,
O. W, Mink and Frederic R. Coudert, receivers of the Union
Pacific, and John M. Thurston of Omaha, counsel for the re­
ceivers, were in the U. S. Circuit Court, before Judge San­
born, to present their petition in regard to eight non-paying
branches of the Union Pacific system. Mr. Coudert said the
trustees for the bondholders on the main line and its branches
are interested because they have an interest in the general
fund out of which the expenses for the crippled roads are taken.




117

Judge Sanborn ordered that the Denver Leadville & Gun­
nison road be divorced from the Union Pacific, and that fur­
ther hearing should be had as to the other roads on November
15, testimony meantime being taken before a master in chan­
cery except as to the Carbon Cut-off road, which is to be oper­
ated as a part of the Union Pacific system. The Washington
& Idaho road and the Oregon Railway extensions are out of
the case on account of the receivers appointed in the Ninth
Judicial District.
Union Pacific—Union Pacific Denver & Gulf.—Judge
Sanborn, of the United States Circuit Court of Nebraska, has
rendered a decision on the appeal of the Union Pacific re­
ceivers from the order made by Judge Hallett in favor of the
Union Pacific Denver & Gulf last February. He announces
that he will appoint a special master to consider the claims
and counter-claims of the Union Pacific and Union Pacific
Denver & Gulf. He rescinds the order directing the receivers
to operate the Julesburg branch and directs the two com­
panies to agree upon a fair traffic agreement, and if unable to
agree the Court will settle the differences. The claim for in­
terest accruing on the bonds prior to the appointment of the
Union Pacific receivers is decided to have no preference. Nor
is the claim admitted that during the 65 days that the Gulf
system was operated by the Union Pacific receivers the $200,000 interest accruing on the Gulf bonds for that period should
be paid in preference to other claims. The sppcial master,
besides adjusting the claims and counter-claims of both com­
panies, is directed to report ths general balance due from
either company to the other company, and what amount
should be treated as a preferred claim by the receivers of the
Union Pacific Co.
Wisconsin Central.—Messrs. Geo. Coppell, William L.
Bull and Gerald L. Hoyt, of New York. Rowland Hazard, of
Rhode Island, and Edwin H. Abbot, of Boston, have been ap­
pointed a committee for the reorganization of this company.
In a circular to the holders of bonds and stock they say :
“ Through efforts made by the owners and the representa­
tives of the owners of a large amount of the securities of the
company, the scheme whicn was proposed in June by the di­
rectors for the funding of seven coup3ns of the first mortgage
bonds has been withdrawn; and, after conferences between
officials of the company and security holders, it has been
deemed advisable that a thorough readjustment of the com­
pany’s affairs shall be undertaken. To that end this commit­
tee has been formed, with power to add to their number, if
such addition shall be deemed to the beet interests of all con­
cerned. Mr. Abbot, who is one of the original trustees of the
mortgage, has resigned the presidency and also as a director
of the company, in order to cooperate in this work, and the
committee will therefore have the full benefit of his advice
and assistance.
“ To enable the committee to prepare an intelligent plan, it
is intended that a railroad expert shall carefully inspect the
property in conjunction with the receivers, and report the
probable necessities and their cost.. A thorough investigation
of the company’s books will also be made by an accountant
of standing, who will report to the committee. These mat­
ters will be entered upon with as little delay as possible, and
as soon as the committee shall be possessed of the results of
these inquiries, a plan will be formulated and submitted for
your consideration.
“ One point which is having the committee’s attention is the
unifying of the properties now composing the Wisconsin Cen­
tral lines—so called—if it is found to be possible, instead of
continuing the existence of the separate companies of which
the system is at present composed.
“ Attention is called to the following resolutions which were
prepared by the directors in withdrawing their funding propposition :
“ Whereas, I t ap p ears t h a t m an y la rg e holders of W isconsin C en tral
bonds an d stocks consider th e p re se n t tim e fav o ra b le fb r an a tte m p t
to u n ite all th e corporations com posing th e W isconsin C entral line, socalled, b etw een Chicago, M ilw aukee, St. P a u l an d A shland, in to a sin ­
gle corporation, an d th ereb y finally to consolidate on fa ir4te r ms all th e ir
different securities in to one co rp o rate issue of bonds an d stocks, a n d
desire to m ake th is a tte m p t now ra th e r th a n to p roceed f u rth e r a t th e
p re se n t tim e in funding said coupons; and
“ Whrreas, A fte r conferences betw een th e v ario u s in te re sts a co m ­
m itte e h as been form ed fo r th e ir g en eral p ro tectio n , w ith a v iew to
th e p erm an en t reo rg an izatio n of th ese p ro p erties an d th e sim plifica­
tion of th e ir financial arra n g em en ts, and i t is believed th a t all p arties
in in te re st, as w ell as th e tru ste e s a n d receivers,w ill h e a rtily co-operate
w ith th is c o m m itte e ; an d
“ Whereas, The proceedings fo r receiv ersh ip w hich w ere b eg u n in
th e C ircuit C ourt of th e U nited S tates fo r th e E a s te rn D istrict of
W isconsin, on Sept. 2 7 .1 8 9 3 . by Messrs. Jo h n A. S tew art a n d E d w in
H. A bbott tru ste e s of th e first m ortgage bonds, a re still p ending, an d
can be am ended so as n o t only to c a rry in to effect an y p lan of re o r­
ganization w hich shall be ad o p ted by said com m ittee, b u t also in ac­
cordance w ith th e provisions of th e m ortgage, an d su b sta n tia lly w ith ­
o u t an y loss to p re se n t ow ners, to v est title to th e W isconsin C en tral
p ro p erties in a new c orporation w hich shall be free d ab so lu tely from
all claim s w h atev er grow ing o u t of any an d all leases a n d c o n tra c ts
h ereto fo re m ade in re g a rd to Chicago term in a ls:
“ Resolved, T h at th e proposition fo r fu nding seven coupons fro m
th e first m ortgage bonds, as se t fo rth in th e circu lar of Ju n e 27 last,
be fo r th e p re se n t w ith d raw n .”

—The Union Discount Co. of London publish in another
column their semi-annual statement covering the first six
months of the year. The accounts show a gross profit, in­
cluding the balance brought forward from last year, of $527,438. The paid-up capital is £650,000 and the reserve fund
£200,000. The Union Discount Co. have a standing card on
the third page in the C h r o n i c l e , in which they keep revised
__ , ■md
by cable the rates allowed for money.
-^ -i__2

THE CHRONICLE.

118

^ o m m tx c m l

[V O L . L 1 X ,

C O

% im z s .

T T O

N

.

F riday N i g h t . July 20, 1894.

T h e M o v e m e n t o f t h e C r o p , as indicated by our telegramsfrom the South to-night, is given below. For the week ending
this evening the total receipts have reached 3,812 bales y
F r id a y N ig h t , J u ly 2 0 ,1894.
against 5,910 bales last week and 10,119 bales the previous
A few of tbe Western railways are still hampered in their week; making the total receipts since the 1st of S ep t.,1893,
operations by the action of discontented employes, but in 5,903,498 bales, against 5,040,549 bales for the same period of
the main the strikes have been subdued, and on the principal 1892-3, showing an increase since Sept. 1,1893, of 862,949 bales.
Total.
roads trains are running with ordinary regularity. An in­ Receipts cU—
Tues.
Wed. Thurs. F ri.
Sat.
Mon.
creased movement of merchandise followed the restoration of
274
1
1
162
50
60
249"
transportation facilities, but the gain was principally in food Velasco, & e___
249
products and commodities of thoroughly staple character in New O rle a n s..
1 ,2 8 a
53
200
168
367
179
316
common use. The delay over the tariff bill has served to
24
5
6
5
8
check the development of general business, as operators pre­ F lo rid a ..............
.........
......
......
fer confining negotiations over merchandise within the limits S a v a n n a h .........
725
8
125
107
39
269
177
of imperative necessity until after the question of import B ru n sw ’k,& c.
......
......
......
duties has been finally disposed of. Crop reports have
360’
301
3
41
15
been somewhat variable during the current week. Cotton P t. R oyal, &c.
......
......
......
still appears to be doing finely, and “first bales” of new crop
X
83
have been received in several localities. Western advices re­ W ash’to n , &c.
......
...a.-'
port gains in threshing returns of winter wheat over previous
19551
12
27
50
9
46
orfolk..............
calculations. Spring wheat, on conservative estimates, it is N W
32
32
......
......
mmmmm
est P o in t...
thought will run slightly below last year. Corn has been re­ N ’p o rt N ., &c. . . . . . . ......... ......... ....... . .........
27
27
ported in a more serious situation until within two days,
......
......
......
....... . ---- .........
New
Y
o
rk
.........
when copious rains visited important sections. The root
.......
crops are reported somewhat short.
44 T
......... mmmmmm
447
......
Lard on the spot has been in slow demand and prices have B a ltim o re .........
188102
1
45
40
declined, closing at 7*22^c. for prime Western, 6%c. for P hiladelph’a &c
3,812
prime City and 7-55c. for refined for the Continent. The T ot’ls th is w eek
1,437
393
317
304
739
622
speculation in lard for future delivery at this market has
The following shows the week’s total receipts, the total since
been quiet and prices have declined in response to weaker Sept.
1, 1893, and the stock to-night, compared w ith last year..
advices from the West and under increased receipts of swine
Stock.
1892-93.
1893-94.
at primary points.

COMMERCIAL

EPITOME.

DAILY CLOSING PRICES OP LARD FUTURES.

Sat.
J u ly ....................................... 7-20
S e p te m b e r ....................... 7-20

Mon.
7-25
7-25

Tues.
7 ‘25
7-25

Wed.
7-20
7-20

Ih u r s .
7-20
7-20

Fri7-20
7-20

Pork has been in slow demand, but prices have held steady
at $14@_$14 25 for mess, $18 50@$16 50 for short clear and $15
for family. Cut meats have received very little attention
and prices have declined to 7^<§8i^c. for pickled bellies, 12®
10 lbs. average, 6J^@6^c. for pickled shoulders and ll% c.
for pickled hams. Beet has been dull at $8®$8 50 for mess,
$8(a$10 for packet, $10@$12 for family and $15@$17 for extra
India mess. Beef hams have been steady at $21. Tal­
low has been quiet and a shade weaker, clos­
ing with sales at 4 5-16c. Lard stearine has been
quoted nominally at rt%c. Oleo-stearine has been firm
but quiet at 7^c. Cotton-seed oil has been dull but steady at
29c. for prime crude and 88c. for prime yellow. Butter has
been firm for choice grades, closing at 13@18c. for creamery.
Cheese has been weaker, closing at 7%@9c. for State factory,
full cream. Fresh eggs have advanced and the close was firm
at 123^@13c. for choice Western.
Raw sugars found demand about equal to the offering afloat,
and some stock has sold from store, prices holding generally
steady. Centrifugal quoted at 3 3-16c. for 96-deg. test and
muscovado at 2%c. for 89 deg. test. Refined sugars less active
and prices unchanged; granulated quoted at 4%c. Teas
rather slow.
Coffee of standard quality very scarce but average grades
more plentifully offered and value has weakened. Rio quoted
at 16^£c. for No. 7, good Cucuta 20J^@20J-£c. and interior
Padang 23@23^c. Contracts for future delivery have de­
clined in price under influence of increasing receipts at primal
markets and greater pressure of parcels to arrive. At the
close the tone is about steady. Following were final asking
prices.
J u l y . . . . . . . . . . . . l 5 ‘25c. Oct................13'55o. J a n .......................12’90c.
A u g . . . . . . . . . . . . 14*65e. N ov............ .....1 3 * 1 5 o . F e b .! .................. 1 2 ,8i>e.
JBept.............. .1 4 ‘05o. Deo................ 13’OOc. M a r c h ................ 12’70c.
Kentucky tobacco has sold slowly, but prices have been
firmly maintained. Sales 150 hogsheads, principally to ex­
porters. Seed leaf tobacco has been quiet but steady. Sales
for the week were 950 cases, as follows: 350 cases 1892 crop,
Wisconsin Havana, 9@llc.; 100 cases 1892 cron, New Eng­
land Havana, 20® 50c.; 50 cases 1892 crop, New England seed
leaf, 24® 26c.; 150 cases 1892 crop, Pennsylvania Havana,
ll%@123^c.; 100 cases 1892 crop, Pennsylvania seed leaf, 7®
9c.; 100 cases 1892 crop, Zimmers Spanish, 12@14c., and 100
cases 1892 crop, State Havana, 10@llc.; also 700 bales Ha­
vana, 60c.@$l 10, and 800 bales Sumatra, $2 50@4%
60.
There has been very little interest shown in the speculative
market for Straits tin and prices have declined in response to
weaker foreign advices, closing easy at 18*90c. Ingot copper
was higher early in the week, but later the improvement was
lost and the close was dull at 9‘10c. for Lake. Lead has
declined and the close was quiet at 3*40c. for domestic.
Spelter has been firm but quiet at 3 50c, for domestic. Pig
iron has been quiet and without change at $9 75@$13 for
domestic.
Refined petroleum has been quiet at 5’15c. in bbls., 2’65c.
in bulk and 6‘25c. in cases; crude in bbls. is unchanged,
Washington closing at 6c. in bbls. and 3*50c. in b u lk ;
naphtha 5%c. Crude certificates have been dull. Spirits
turpentine has been quiet and prices have declined to
29@29^c. Rosin has also declined, closing at $1 27J£@$1 32%
for Common-and good strained. Wool bas been in moderate
demand and steady. Hops have been dull and weak.




Receipts to
J u ly 20.

This Since Sep.
Week. 1 ,1 8 9 3 .

This Since Sep.
Week. 1 ,1 8 9 2 .

G a lv e s to n ...

274 1,003,505

New O rleans
M obile...........

N o rfo lk ........
W est P o in t
N’p’tN .,& o
New Y o rk ...
B o s to n .........
B a ltim o re ...
Philadel.,& o.

1,283 1,861,506
24 197,968
36,391
725 962,583
98,041
360 338,389
80,788
8 189,552
499
195 489,742
32 239,151
61,539
27
70,529
109,301
61,353
447
67,822
188

906 1,039,065
ñfi 4.92
79
4,879 1,579,035
23 167,939
23,159
1,829 779,698
140,265
212 287,053
427
41 159,781

T o ta ls .......

3,812 5,903,498

XTnln n/-.

S avannah...
C h a rle s to n ..
W ilm ington,.

849
42
283
587
694
667

1894.

1893.

7,471

22,252*

45,600
4,505

76,251
5,226-

5,255
710
15,176

16,733

2,300

4,107

15,122;

284,624
194,469
22,238
47,831
119,527
66,698
66,492

7,724
119

9 ,7 5 7

155,308
5,000
10,090
6,283

147,6 2 3
3,400
8,91910,325

040,549

265,541

319,715

In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons._______
Receipts at—

1892.

1893.

1894.

1891.

1890.

G alves’n,&c.
New O rleans
M obile.........
S a v a n n a h ...
Char*ton,&o.
Wilm’ton,& o
N o rfo lk .......
W. Point,& o.
All o th e rs ..

523
1,283
21
725
360
8
195
59
635

985
4,879
23
1,829
212
41
849
325
1,948

447
4,541
106
1,062
95
67
119
77
5,561

325
2,447
139
1,755
519
31
767
986
1,933

30
533
15
1,746
135
21
282
623
258

Tot. th is w k.

3,812

11,091

12,075

8,902

3,551

1889.
81
342
37
801
6
4
17
63
3591 ,7 1 0

Since Sept. 1 5903.498 5040.549l7090.448 6893 516 5790.537 5506 .3 1 6

The exports for the week ending this evening reach a tota 1
of 8,926 bales, of which 3,383 were to Great Britain, 400
to France and 5,143 to the rest of the Continent. Below are
the exports for the week and since September t, 1893._______
Exports
from —

From Sept. 1, L893, o J u ly 20.1894
Week Ending J uly 20.
Exporte 1 to —
Exported to—
Conti­
Great
Conti­ Total Great
lota l.
B r it’n. France nent. Week. Britain. France nent.

Galveston..,..
Velasco, &c....
New Orleans..
Mobile & Pen.
Savannah......
Brunswick......
Charleston*...
Wilmington..
West Point....
N’p’t News, &c
New York......
Baltimore.......
Philadelp’a ....
Total............
1Q99.Q3

......

249

........

........

3,090
293

........
400

3,383
•y^'7

* Including P o rt Royal.

2,168
38
1,158
1,230
400 5,143
13 0«A*

558,346 98,361 117,217 773,921
35,950 35,950764,295 410,600 431,614 1,606,509
500
1,086 35,16033,574
111,798 32,697 372,203 616,698
38,555 2,600 30,155 71,310
231,737 16,206 153,751 401,694
63,309
99,095 167,404
156,567
350 14,850 171,767
76,497
19,417 95,964
46,721
46,721
6,6581 473,402 18,963 236,735 729,100
2.540 , 230.255
331 227,715
1,458 43,487 6,034 153,819 203,340
13,545 40,081
1,2301 26,536
8,92ö'|2,857,539 686,311 1,682,027 6,125,877
3 3 fid 1 19
OQi
6 7 ^ !1 4 9 0 *>70 ' a 9 7 3 93(5
249

J

uly

THE CHRONICLE.

21 , 1894.]

119

In addition to above exports, our telegrams to-night also
the S ales and P rices of F utures are
give us the following amounts of cotton on shipboard, not follow ing comprehensive table.
cleared, at the ports named. We add similar figures for
H
i
g
< 2- Q hjaoa
ogoojjf o g t c o
New York, which are prepared for our special use by Messrs,
& E 8 S 'B S g
3 1 sg-S-e tftfcEg
Lambert & Barrows, Produce Exchange Building.
CDO® G
C StÏ'S9 S®.Ss 1 SOB-®
© ® P« ¡»©©ST
8d5 _P
C-®
*®
<§g i f
P OB'* ® ËOB-œ. V
OBfijH
V,
ON SHIPBOARD, NOT CLEARED—FOR
•d
©»
«
o,
"»mg’*
S8
so S v i
£0cf Si £9 eb”
s»■-■■^
L
eaving
M* M '*
!*8®£
mM PTE.'-' pipc-i
J u ly 20 at—
P.E
Great
Other Coast­
Slock.
’
Total.
B rita in . France. Foreign wise.
H.
8
5
•
SO■ _
C5
®®
p:
P •' CD »5
2,960
125
31
N ew O rle a n s...
417
3,533
®®
42,067
.
None.
None.
None.
None.
None.
2,600
1.500

T o ta l 1 8 9 4 ...

7,060

T o tal 1 8 9 3 ...
T o ta l 1 8 9 2 ...

22,067
16,464

None.
None.
N one.
None.
None.
300
None.

None.
None.
1,400
None.
None.
8.500
2.500

425

12,817

4,240
9,238
3,117 20,741

300

300

None.
None.
1,400
None.
None.

1.400
None.
1.400
11,400
4,000

7,171
5,055
13,776
4,505
6,324
143,908
20,502

1,931

22,233

243,308

3.234
1,728

38.779
42,050

280.936
449,725

200

200

Th.

F ri.

6
«H ie
718
7716
8

S a t.

Th.

51518
65s
7 iie
73s
7 ‘5ie
F ri.

STA IN ED .

M on T ues W ed

6M
64t
6i5ie 6 '5 18
73s
7%
ie 711 u
I8H
1,116 7H
8M
8%
S a t. M o n T n e s

L ow M iddling...............................
M iddling........................................
S tric t M iddling............................
Good M iddling T inged..............

6H
6 iaie

5%
6 “ l«
62932
718

5 \
6 l l ie
62932
7^8

5%
6 n ie
629sa
718

6^
6i&ie
7%
7i He
84*
W ed
5%
6 '116
62932
718

6 I4
615ie
738
711-18
814

63,6
678
75l0
758
83|8

Th.

F ri.

53t " 5 Ï IÜ
6 I I 16 ß 5«
62932 627.82
71,«
718

MARKET AND SALES.

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statem ent.. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SPOT MARKET
CLOSED.

S at’d a y .
M onday
T uesday
W ed’day
T h u r’d’y
F rid a y ..

Q u ie t..................
Q u ie t...............
Steady ................
Q uiet & ste ad y ..
ste a d y ................
Q uiet a t l ie dec.

T o ta l.




SALES OF SPOT AND CONTRACT.

Con- Spec- Con­
E x­
p o rt. sum p. u l't'n tract. Total.
302
153
1,550
680
600 1,800
300
550
2< 0 1,300
500
600
3,452

5,033

Sales o f
Futures.

....

455
Ï 00 2,330
2,400
400 1,250
1,500
1,100

24,300
42.200
43,400
31.200
31.200
50,900

—

500 9,035

223,200

© .

i

s8.

05

''«5 2
a®
F ui® pa 03^ S
E.S ©
•” Q«D0 __C
# W<=>
yi
K___ 8.

;

r
I
1

id ::
o>, :
OD' %
05

i o; :
o», :
ob 1 *
CO
05C5 >
coco ©
MO*-1"*

19: :
a? 1 :
CO ' f
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G U L F,
Good O rd in a ry ............................
L ow M id d lin g ..... .......................
M iddling.......................... ............
G ood M id d lin g ...,..............
M iddling F a ir ...............................

M on T ues W ed

6
6
6
6
e n 16 6 H le 6 U le 61116
7i«
7%
7 1«
7716 7"ie 7 716 7716
8
8
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8

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6-99
Í00
7*00

UPLANDS.
G ood O rd in a ry ............................
L ow M iddling........................... .
M iddling......................................
Good M id d lin g ............................
M iddling F a ir ......... ...................

«I I
oo 1

A v er. .
5/
6*99»
7 00-

On this basis the prices for a few of the grades would be as
follows:

QD
2 ^ 8 ? ir
.Q
oS
DO.S05-6S,

►

. 7 -1 3
,8 0 0
» 7*15

oft.
Good O rd in ary .......... . . . c .
Good M iddling T in g e d ...
E ven.
S tric t M iddling S ta in e d .. 73i off.
M iddling S ta in e d ............ i 7, 8 oft
S tric t Low Mid. S tain ed .. 23,2 oft.
Low M iddling S ta in e d .... 13s ; oft.

HO©CÍO

1

F a ir ......................... ......... c. 1% on.
M iddling F a i r . ......... ........ 7s on.
S tric t Good M iddling....... *2 on.
G ood M iddling.................. 5,e on.
S tric t Low M iddling......... 3 ia oft.
L ow M id d lin g .................... 718 off.
S tric t Good O rd in a ry ... . . 1316 off.

®

,5 0 0

Speculation in cotton for future delivery at this market has
been moderate and unproductive of positive results. The
narrow scope of fluctuation in value was somewhat remark­
able, and all classes of operators appeared governed by a de­
sire to abstain from new obligations. The local feeling in re­
gard to crop prospects is of very hopeful character. Business
w ith spinners and exporters has been smaller, and holders of
August contracts commence to liquidate in order to evade re­
ceipt of expected free deliveries for that month. Saturday’s
deal was very small and tone weak, with one or two points
lost under poor cable accounts and a slight pressure to sell.
During Monday prices fluctuated 3@4 points on local influ­
ences solely, and closed without net gain for either buyer or
seller. Tuesday’s market was a trifle firmer and held a gain
of 4@5 points in consequence of a manipulative effort by the
“ longs” and the covering of a few timid “shorts.” On
Wednesday there was a decline of 3@4 points under tame
foreign advices and indifferent demand. Yesterday Liver­
pool continued slack, buying orders were scanty and our m ar­
ket lost 2@3 points additional. To-day trade continued in a
dragging condition and cost was a trifle lower under unin­
terrupted favorable crop advices and a poor foreign market.
Cotton on the spot has been dull, closing l-16c. lower at 7 l-16c.
for middling uplands.
The total sales for forward delivery for the week are 233,2 00
bales. For immediate delivery the total sales foot up this week
9,035 bales, including 3,452 for export, 5,083 for consumption.
— for speculation and 500 on contract. The following are
the official quotations for each day of the past week—
July 14 to July 20.
Rates on and off middling, as established Nov. 23 by the
Revision Committee, at which grades other than middling
may be delivered on contract:

O GOMO Ò ©WO

96-9
|96-9
1 00»
96-9

G alv esto n .........
S a v a n n a h .........
C h a rle s to n .....
M o b ile..............
N o rfo lk .............
N ew Y o rk.........
O th e r p o r t- ___

show n by tha-

CO

ci 05® co co

O*

II
ìa

ia
II

Ia

iI
ia
II

Ia

i I
ia

II
Ia
II

Ia
II

la

i I

‘ In c lu d e s sales in S eptem ber, fo r S eptem ber, 1,700; S ep tem b er"
Ootober, fo r O ctober, 207,800; Septem ber-N ovem ber fo r Novem ber»
717,900; Septem ber-D ecem ber, fo r D ecem ber, 1.862,400; S ep tem b erJ a n u a ry , fo r J a n u a ry , 7.069,900; S ep tem b er-F eb ru arv , fo r F e b ru a ry ,
1 , 486 ,800 ; S eptem ber-M arch, fo r M arch, 6.514,900; Septem ber-A pr'il,
fo r A pril, 1,766,200; Septem ber-M ay, fo r May, 5,844,400; S ep tem b er;
Ju n e , fo r Ju n e , 2,184,500.

Ü F“ For exchanges see page 122.
The V isible S upply of Cotton to-night, as made up by cable-

and telegraph is as follows. The Continental 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
to Thursday evening. But to make the totals the complete»
figures for to-night (July 20), we add the item of exports from
the United States, including in it the exports of Friday only.

THE CHRONICLE.

120

[VOL. LIX.

1894«
1893«
1892«
1891.
Quotations for Middling Uotton at Other Markets .—
S to ck a t L iv erp o o l............ b a le s . 1,287,000 1,344,0001,524,000 1,045,000 Below we give closing quotations of middling cotton at South­
S to ck a t L o n d o n .........................
7,000
6,000
10,000
16,000
ern and other principal cotton markets for each day of the w eek,
T o ta l G re a t B rita in sto c k . 1,294,0001,350,000 1,534,000 1,061,000
S to ck a t H am b u rg .....................
35,000
14,000
6,100
4,700
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
S to ck a t B re m e n ......................... 147,000
135,000 121,000
96,000
S tock a t A m ste rd a m ................
13,000
16,000
25,000
23,000
J u ly 20. ” S atur,
T uet.
Wednes. T hurs.
F ri.
M on.
S tock a t R o t t e r d a m ................
200
200
200
300
13,000
10,000
7,000
9,000 G a lv e sto n ...
S to ck a t A n tw e rp ................
678
678
6 7s
6
78
6
78
6
78
S to ck a t H a v re ............................ 384,000
388,000 420,000 227,000 New O rleans
678
678
6 78
6 78
6 78
6 7a
S to ck a t M a rs e ille s...................
7,000
8,000
10,000
8,000 M obile..........
t) ^
6%
6%
6%
6%
6
\
S tock a t B a rc e lo n a ....................
78,000
110,000
85,000 102,000 S a v a n n a h . ..
678
6 7e
6 78
6 78
6 7a
6 78
17,000
20,000
17,000
10,000
Stock a t G enoa............................
7
h a rle s to n ..
7
7
7
7
7
S to ck a t T rie s te .........................
34,000
31,000
48,000
44,000 C
6%
6%
6%
W ilm ington.
7
7
7
T o ta l C o n tin en tal stooks..
728,200 732,200 739,300 524,000 N o rfo lk ......
7
7
7
7
7
7
7*«
7*8
7*8
7*8
7*8
7*8
T o ta l E u ro p e a n stocks ; . . . 2,022,200 2,082,200 2,273,300 1,585,000 B o s to n .........
738
73a
73a
738
738
738
I n d ia c o tto n afloat fo r E u ro p e .
75,000 69,000
63,000
68,000 B a ltim o re ...
7**
7*3
7*3
7*3
7*3
A m e r.c o tt’n afloat fo r E u ro p e .
60,000 73,000
48,000
35,000 P hiladelphia
7916
7*
s
®316
73le
A
u
g
u
s
ta
....
7*8®3ie
7*8®
316
7*8®
3^6
73i6
E g y p t, Brazil,& c. ,aflt f o r E ’r ’p e
22,000 26,000
20,000
17,000
7
7
7*16
7*16
7*18
Stook in U n ited S ta te s p o r ts ..
265,541 319,715 491,775 247,231 M e m p h is....
7*16
7*16
7*16
7*16
7*ie
7*16
7*16
S tock in U. S. in te rio r to w n s ..
73,105 110,269 159,289
71,763 St. L o u is ....
67g
6 78
6 78
b 78
6 78
6 78
U n ited S ta te s e x p o rts to -d ay .
2,033
893
5,783
3,267 H o u s to n ....
7%
731
7%
7%
7%
7%
C in c in n a ti..
T o ta l v isib le su p p ly ...........2,519,879 2,681,077 3,061,147 2,027,261
7*3
7*3
7*3
L
ouisville...
7*«
7*41
7*3
O f th e above, to talso fm eric an a n d o th e r descrip tio n s a r e as follow s:
A m erican—
The
closing
quotations
to-day
(Friday)
at
other
important
L iverp o o l sto c k ............ ...b a le s . 1,083,000 1,088,000 1,295,000 824,000
C o n tin en tal sto c k s................... ... 551,000 598,000 538,000 345,000 Southern markets were as follows.
N ew b erry .......................
A m erican afloat fo r E u ro p e ...
60,000 73,000
48,000
35,000 A tla n ta .............
638 L ittle R o o k ....
6\
U n ite d S ta te s sto c k ................... 265,541
319,715 491,775 247,231 Colum bus, G a.
6 % M ontgom ery... 638®% R a le ig h ............. 7 *8® *4
Selm a............... .
6%
U n ite d S tates in te rio r sto c k s..
73,105 110,269 159,289
71,736 Colum bus, M iss
6*3 N a s h v ille .......... 7
U n ite d S ta te s e x p o rts to -d ay .
2,033
893
5,783
3,267 E u fa u la ......... . ......... 1 N a tc h e z . . . . . . . 6 iiig S h re v e p o rt.....
638
• T o ta l A m erican .........................................2,034,679 2,189,877 2,537,847 1,526,261
R eceipts prom the P lantations . —The following table
E a st In d ia n , B ra sil, <&c. —
L iv erp o o l s to c k ......................... 204,000 256,000 229,000 221,000 indicates the actual movement each week from the plantations.
L ondon s to c k ..............................
7,000
6,000
10,000
16,000 The figures do not include overland receipts nor Southern
C o n tin en tal sto ck s..................... 177,200 134,200 201,300 179,000 consumption; they are simply a statement of the weekly
India afloat fo r E u ro p e .................................75,000
69.000
63.000
63.000 movement from the plantations of that part of the crop which
E g y p t, B razil, &c., aflo at............................. 22,000
26.000
20.000
17.000 finally reaches the market through the outports.
T
o
ta
l
E
a
s
t
In
d
ia
,
&o.........
.
485,200
______
491,200 523,300 501,000
m
.
T o ta l A m erican................... 2,034,679 2,189,877 2,537,847 1,526,261
Receipts a t the Ports. S t’k a t Interior Towns. Rec’pts from P la n t’ns,
Week
T o ta l v isib le su p p ly ...........2,519,879 2,681,077 3,061,147 2,027.261
Ending—
M iddling U pland, L iv e rp o o l..
3i516d .
4*sd.
3i616d .
4716d.
1892. 1893. 1891. 1892. 1893. 1891. 1892. 1893. 1891.
M iddling U pland, New Y ork..
7*160.
8*ec.
7*40.
8c.
E g y p t Good Brown, L iverpool
6,661
5d.
5516d.
4 7sd .
6*4d. J u n e 15....... 25,191 20,876 18,813 201,922 166,902 99,982 11,552
P eru v . R ough Good, L iverpool
5 l*i6 d .
6716d.
6d.
9d.
“ 22 ....... 19,613 23,096 12,069 193,908 150,762 92,317 8,629 6,956 1,434
B ro ach P ine, L iv e rp o o l_____
4d.
4716d .
3 i5 Ied .
4716d .
5,190 1,569 6,044
135,393
85,585
12,806
182,621
“
29.......
16,171
19,938
E n n e v e lly Good, L iv e rp
- o o l...
3%d.
45led .
3 7gd.
4 *sd .

....... 12,871 16,381 10,119 171,641 125,780 79,386 4,791 6,771 3,920
(HF* The imports into Continental ports the past week have Ju“ly IS6 .......
16,176 15,762 6,910 165,696 120,166 76,577 7,328 10,118 3,101
been 31,000 bales.
340
891
“ 20 . ■ 12.075 11,091 3,812 159,289 110,269 73,105 5,668
The above figures indicate a decrease, in the cotton in sight
The
above
statement
shows:
1.—That
the
total
receipts
from
to-night of 161,198 bales as compared with the same date
of 1893, a decrease of 541,268 bales from the corresponding the plantations since Sept. 1 in 1893 are 5,900,437 bales; in
1892-93 were 5,022,184 bales; in 1891-92 were 7,193,803 bales.
date of 1892 and an increase of 492,618 bales over 1891.
2.—That although the receipts at the outports the past week
AT the I nterior Towns the m ovem ent—that is the receipts
ere 3,812 bales, the actual movement from plantations was
for the w eek, and since September 1, the shipments for the 340 bales, the balance being taken from the stocks at
w eek and the stocks to-night, and the same item s for the the interior towns. Last year the receipts from the plantations
corresponding period of 1892-93—is set out in detail below.
for the week were 894 bales and for 1892 they were
5,668 bales.
o a s i s ® a s -“
g g tfg iill
Overland Movement for the W eek and since Se pt . 1.—
We give below a statement showing the overland movement
§
“
l
i
s
i
1
1
^
.
S a>Ì1 CO8?
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
H H ?°0
B
H
the principal matters of interest are given. This weekly
u aS 0
Dh
S sP
5
publication is of course supplementary to the more extended
m
B g I
•
an O■
monthly statements. The results for the week ending July 20
and since Sept. 1 in the last two years are as follows:

1893-94.
S i-a

-J;
h io ; ■ Hit», m
■
to; Htotoj J W
M COto!
M<JQC. 0503GO IP-lp>to tow.

Week.

wi^iii.MooMtoib.tohotoi^-weocototo
05 W

^

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O

-1

to ÌO W < t

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wososootooocooscooscot-1

MS
m o m to w w to o w V i w w to culaio co colo co co » al-* a lo w lo lo »"fc. - . cs
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-i»-‘ili'^otocoatotocooootOM ©<toci-‘wccwcoooif>.0'a<»wòe
cr;
Cr; • to** CO»
M1 H ■ <1 !
h J cdcr©!
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DO1! tOCR
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&
tg t
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co © © it»-wlol-* colo we» 05wl® c o l o l » l o co to w a lo col-1© '*>*Cb
wiuoww-jaa^ii^oaii-M oeoatoai& cow coif^-stw cD M W floa CDÄ
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o co*ohcdcntocoCi'b»'w'ocrV oooos o
0 } 0 0 O © a 0 © 0 5 > -* # * C 0 H C 0 © a0 M ^ H » K > C D

COWCfc^WO« CO^O tO* C R© © ©CD>^©OOCRtOl^QO ©<lCRCR©CO<l

* L ouisville figures “ n e t ” in b o th y ears,
t T h is y e a r’s figures estim ated .
1 L a s t y e a r’s figures are fo r S herm an, T exas
§ A c tu a l count.

1*
«
Shippea—
l
V ia St. L o u ie..................................
V ia C airo.........................................
3

V ia L ouisville................................
s?
V ia C in cin n ati...............................
§S
V ia o th e r ro u te s , & c....................
§ i-gS
S ii ©
T o ta l g ro ss o v e r la n d ............
M Deduct shipm ents—
00
O v erlan d to N. Y ., B o sto n , & c..
B etw een In te rio r t o w n s .............
sI n la n d , <feo.,from S o u th . . . . . . . .
.52
. C
»
S'
T o ta l to b e d e d u c te d ................

©cci^eok0i-‘ to©toi-*o5ooweototoi-‘ 05 w w w aoo?»ococo w © io

©I

J u ly 20.

» ft1

3,370
1,094
291
1,303
319

Since
Sept. 1.
609,210
232,365
13,756
7,369
130,772
107,463
129,267

6,377 1,230,202

1892-93.
Week.
4,149
1,008
50
1,457
1,023
471

Sines
Sept. 1.
476,392
203,721
138,802
14,069
130,142
108,847
163,791

8,158 1,235,764

635
4
203

300,005
21,890
102,855

1,948
116
1,047

300,548
24,449
73,508

842

424,750

3,111

398,505

5,535 805,452
L e av in g t o t a l n e t o v e rlan d * ..
* In c lu d in g m o v em en t by r a i l to C an ad a.

5,047

837,259

The foregoing shows that the week’s net overland movement
this year has been 5,535 bales, against 5,047 bales for the
week in 1893, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 31,80? bales.
1893-94.
I n S ig h t a n d S p in n ers'
T akings.

Week.

Since
Sept. 1.

1892-93.
Week.

Sine*
Sept. 1.

R eceipts a t p o rts to Ju ly 2 0 .........
N et o v erlan d to J u ly 2 0 ................
S o u th ern co n su m p tio n to J u ly 20

3,812 5,903,498 11,091 5,040,549
5,047 837,259
5,535 $05,452
8,000 632,000
8,000 653,000

T o ta l m a r k e te d ....................
In te rio r sto o k s in ex c e s s...............

17,347 7,361.950 24,138 6,509,808
118,365
13,061 *10,197
*3,472

Cam e In to s ig h t d u rin g w eek.
T o ta l in s ig h t J u ly 20..............
N o rth ’n s p in n e rs t a k ’gs to J ’ly 2 0
D ecrease du rin g week.

13,875

7,358,889
1,541,586

13,941

6,491,443
1,688,034

^ The above totals show that the interior stocks have decreased
It will be seen by the above that there has come into sight
during the week 3,472 bales and are now 87,164 bales less than
at same period last year. The receipts at all the towns have luring the week 13,875 bales, against 13,941 bales for the
been 891 bales more than same week last year and since »m e week of 1893, and that the increase in amount in sight
to-night as compared w ith last year is 867,446 bales.
Sept, 1 are 448,052 bales more than for same time in 1892-93.




J uly 21, 1894.1

THE CHROM 1CLE.

W e a t h e r R e p o r t s b y T e l e g r a p h . —Our telegraphic re­
ports from the South this evening indicate that the weather
has in general been satisfactory during the week. At a few
points on the Atlantic it is reported that there has been rather
too much mosture, and in some sections of Texas rain is said
to be needed. Elsewhere, however, as a rule the rainfall and
temperature have been as desired. Advices from points in
Alabama and Tennessee are particularly good.
Galveston, <&c., Texas.—No advices from Texas have reached
us this evening.
New Orleans, Louisiana—It has rained on six days of the
week, the precipitation being four inches and sixty hundredths.
Average thermometer 78.
Shreveport, Louisiana.—Rain has fallen on three days
during the week to the extent of one inch and ten hundredths.
The thermometer has ranged from 66 to 94, averaging 80.
Columbus, Mississippi.—The corn crop in the prairies is
abundant, but in sandy lands it is short. Cotton looks prom­
ising. There has been rain during the week on three days, to
the extent of three inches and forty hundredths. The ther­
mometer has averaged 81, the highest being 96 and the
lowest 66.
Leland, Mississipi.—Telegram not received
Meridian, Mississippi.—Telegram not received.
Little Rock, Arkansas.—Rain has fallen quite generally the
past week throughout the central section of the State and
farmers report sufficient moisture to last several weeks. We
have had rain on four days of the week, the precipitation
being two inches and ninety-three hundredths. Average
thermometer 77*4, highest 94 and lowest 62.
Helena, Arkansas.—Crops are growing finely. Rains have
been local, and some sections have had too much moisture.
There have been showers on three days during the week, the
rainfall reaching one inch and seventy-five hundredths. The
thermometer has averaged 78, the highest being 91 and the
lowest 68.
Memphis, Tennessee—There were good rains here on Wed­
nesday and Thursday, just as heeded, and crops are in splen­
did condition. The precipitation reached one inch and two
hundredths. The thermometer has averaged 78*4, ranging
from 66-4 to 94-3.
6 &
Nashville, Tennessee.—Telegram not received.
Mobile, Alabama.—Crop reports are excellent. We have
had rain on six days of the week, the rainfall being seventy
hundredths of an inch. Average thermometer 79, highest
87 and lowest 70.
Montgomery, Alabama.—All crops are doing finely, and
cotton has never been better. There has been rain on four
days of the week, the precipitation reaching eighty-six hun­
dredths of an inch. The thermometer has averaged 81, the
highest being 91 and the lowest 71.
Selma, Alabama.—Rain has fallen on four days of the
week, to the extent of one inch and eighty-one hundredths.
The thermometer has averaged 79, ranging from 67 to 90.
Madison, Florida.—The week’s rainfall has 1een two inches
and sixty hundredths, on five days. The thermometer has
ranged from 68 to 87, averaging 79.
Columbus, Georgia.—We have had rain on two days of the
week, the rainfall reaching two inches and eighty-seven
hundredths. Average thermometer 80, highest 89 and low­
est 70.
Savannah, Georgia.—There has been rain on six days of
the week, the precipitation being three inches and thirty
hundredths. The thermometer has averaged 80, the highest
being 91 and the lowest 68.
Augusta, Georgia.—We have had rain on five days of the
week, the precipitation being two inches and eighty-three
hundredths. The crop is in good condition, but moisture is
too abundant. The thermometer has averaged 78, ranging
from 65 to 91.
Charleston, South Carolina.—Rain has fallen on six days
of the week, to the extent of three inches and one hun­
dredth. The thermometer has ranged from 69 to 89, averag­
ing 79.
Stateburg, South Carolina.—We have had rain on three
days of the week, the rainfall being two inches and twenty
hundredths. Dry weather and sunshine are needed. Aver­
age thermometer 76-9, highest 87, lowest 64.
Wilson, North Carolina.—There has been rain on three
days of the week, the precipitation reaching two inches and
twenty-five hundredths. The thermometer has averaged 81,
the highest being 94 and the lowest 68.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock July 19, 1894, and July 20, 1893.
J u ly 19, ’94. J u ly 20, ’93.
Feet.
Feet.
New O rle a n s___ ___Above low -w ater m ark .
4-5
12-5
M e m p h is............
7-5
MS
N ash v ille............
2-1
31
S h rev ep o rt .......
•1
M issing.
V ick sb u rg ...........
14-1
M issing.
N e w O r l e a n s F i r s t B a l e . — The first bale of cotton of the
crop of 1894-95 received at New Orleans arrived there on
Monday, July 16, from Cuero, Texas, consigned to Messrs.
Lehman, Stern & Co. It classed strict good middling, of
good strong staple, and was sold by auction the same day at 10
cents per pound to Messrs, L. Christ & Co. Last year the first
bale also came from Texas, reaching New Orleans on July 13.




121

I n d ia C o t t o n M o v e m e n t f r o m a l l P o r t s .— The receipts
and s upments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to July 19.
BOMBAY RECEIPTS AND SHIPMENTS FOB FOUR YEARS.

Shipm ents th is week. Sh ip m en ts since Sept. 1.
te a r Great C onti­
G reat C onti­
T otal.
B r it’n. n en t. Total. B r ita in nent.

Receipts.
T h is
Since
Week. Sept. 1.

’93-4 1,000
1,000 47.000 744.000 791.000 14.000 1.759.000
’92-3 1,000 3.000 4.000 42.000 782.000 824.000 7.000 1.708.000
’91-2 1,000 4.000 5.000 69.000 817.000 886.000 8.000 1.721.000
90-1
1.000 1.000 103,000 909.000 1,012,000 16.000 2.008.000

According to the foregoing Bombay appears to show
an increase compared with last year in the week’s receipts of
6,000 bales and a decrease in shipments of 3,000 bales, and
the shipments since Sept. 1 show a decrease of 33,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for two
years, has been as follows. “ Other ports” cover Ceylon,
Tuticorin. Kurrachee and Coconada.
Sh ip m en ts fo r the week.
Great
B rita in .

Oontinent.

C a lc u tta—
1893-94...
1892- 9 3 ...
M adras—
18939 4 ...
1892-93...
All o th e rs—
1893 9 4 ...
1892- 9 3 ...

Continent.

20,000
11,000

83.000
43.000

103,000
54,000

21,000
10,000

14,000
6,000

35.000
16.000

3.000

29.000
27.000

77.000
57.000

106,000
84,000

3.000

70.000
48.000

174.000
106.000

244.000
154.000

Total.

3.000

1.000

T o ta l a l l 18939 4 ...
1892-93...

Shipm ents since Sept. X
Great
B rita in .

1.000

3.000
1.000

1.000

Total.

The above totals for the week show that the movement from
the ports other than Bombay is 2,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since September 1,1893, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.

1893-94.

Shipm ents
to a ll B urope
fr o m —

T his
week.

Bom bay............
411 o th e r p o rts.
T o ta l..........

1892-93.

Since
Sept. 1.

1,000
3,000

T h is
week.

791.000
244.000

4,000 1,035,000

1891-92.

S ince
Sept. 1.

T h is
week.

Since
Sept. 1.

4.000
1.000

824.000
154.000

5,000

5,000

978,000

5,000 1,051,000

886,000
165,000

arrange"
ments we have made with Messrs. Davies, Benachi & Co,, of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years,
A l e x a n d r ia R e c e i p t s

A lexa n d ria , E gypt,
J u ly 18.
R eceipts (o a n ta rs * )....
T his w e e k ....
Since S ept. 1.

E xports (bales)—
To L iv e rp o o l.........
To C o n tin e n t.............

and

S h ip m e n t s .— Through

1893-94.

1892-93.

1891-92.

2,000
4,975,000
T h is
S ince
week. Sept. 1.

1,000
5,136,000
T h is
S in ce
week. Sept. 1.

4,661,000
T h is
Since
week. Sept. 1.

4.000 314.000
5.000 302.000

4.000 308.000
2.000 326.000

2,000 329.000
3,000 265.000

6,000 634,000

5,000 594,000

T o ta l E u ro p e ......... 9,000 616,00
A c a n ta r is 98 pounds.

M a n c h e s t e r M a r k e t . —Our report received by cable to night from Manchester states that the market is easy for
yarns and steady for sheetings. Spinners are considered to
hold large stocks of yarn. We give the prices for to-day
below and leave those for previous weeks of this and last year
for comparison:

1894.
32« Cop.
Tw ist. .
d.
J ’e 15 6*8
i 22 6^8
«« 9Q 6
J u ly 6 6
“ 13 5 78
“ 20 5 78

d.

1893.

84t lbs.
Shirtings.
s. d.

a. d.
9
8^
8
4 8 1fl®6 7*2
4 8 ®6 7
4 8 ®6 7

®61510 4 101g®6
®616le 4 1 0 1a® 6
® 6 3 t 4 9 ®6

®6'%
®6 %
®6 ^

Oott’n
M id. 32« Cop.
ZTplds Twist.
d.
d.
d.
4 k « 6 78 ® 7 %
4 k « 6 78 ®7%
3 i5 te 6 78 ®7%
4
61316®758
3 i5 Xi 6 78 ®75s
315 , 6 6% ®7ifl

s.
5
5
5
5
5
5

81« lbs.
S h irtin g s

Coi e n
M id.
Upldt

d. s.
6i*®7
6ia® 7
6*ii®7
6*aa>7
7 ®7
7 ®7

d.
4%
4!fl
47I6
43g
4ifl

d.
4
4
4
4
4
4 ij

4^2

have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (July 20) and since
Sept. 1,1893, the stocks to-night, and the same items for the
corresponding periods of 1892-93, are as follows.
S e a I s l a n d Cotton

M o v e m e n t . — We

1893-94.
Receipts to J u ly 20.

C h a rlesto n ...................... .
F lorida, « fe e ....................
T o ta l..............................

1892-93.

Stock,

This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1894.

....

1893.

54,175
2,212
3,571

120

59,958

120 45,324 2,136 2,566

35,456
6,093
3,775

974
356
806

1,824
392
350

THE CHKONICLE.

122

|V

ol.

L1X.

The exports for the week ending this evening reach a total lbs. f. o. b. at New York. There has been no special feature
•of 12 bales, of which 12 bales were to Great Britain, — to in the market for jute butts and the close is steady at l%o. for
France and — to Reval, and the amount forwarded to paper grades and 2 ^c. for bagging quality.
Northern mills has been — bales. Belo w are the exports for
the week and since September 1 in 1893-94 and 1892-93.
E x c h a n g e s .—The following exchanges have been made
during the week:
1893. N orth'n Mills.
E xports
from —
S a v a n n a h ...
C h ari’t ’n, &c
F lo rid a, &c.
N ew Y o rk ..
B o s to n ........
B a ltim o r e ..

Week E n d in g J u ly 20. Since Sept. 1,

Since
Week. Sept.1

Great F r’nce
Great F r'nee
B çü ’n. <ÊC. Toted. B rit'n . (ÉC. Total.

___
" 'l l
.........

T o ta l........

12

T ot. 1892-93

210

.........
.........

....

22,932 2,326 25,258
403
17
386
• 125
125
*“ l2 3,671 2,299 5,970
5,410
__ 5,410
72
72
.........
12 32,596 4,642 37,238

.........
.........
......... 22,425
30 22,807
.........

1,901 21,962

210 20,061

18,057
1,227
3,141

•21 pd. to exch. 400 Sept, fo r Dec.
•04 pd. to exch. 300 Aug. fo r Sept.
•07 pd. to excli. 400 S ept fo r Oct.
•10 pd. to exch. 100 Aug. fo r O ct.
•25 pd. to exch. 2,700 Aug. fo r Dec.
•07 pd. to exch. 500 Oct. for Nov.
•11 pd. to exch. 3,500 Aug. fo r Oct.
•18 pd. to exch. 500 Aug. fo r Nov.
•26 pd. to exch. 3,000 Aug. fo r Deo.
•32 pd. to exch. 2,<>00 Aug. fo r Ja n .
•lft pd. to exch. 600 Aug. fo r Nov
•05 pd. to exch. 100 Aug. fo r Sept.
•27 pd. to exch. 100 Sept, fo r Ja n .
•12 pd. to exch. 1,100 Aug. fo r O ct
•33 pd. to exch. 700 Aug. fo r J a u .
•34 pd. to exch. 100 Oct. fo r Mch.

*07 pd. to exch.
-20 pd. to exch.
'15 pd. to exch.
‘08 pd. to exch.
15 pd. to exch.
*08 pd. to exch.
-22 pd. to exch.
’¿7 pd. to exch.
3 i pd. to exch.
*04 pd. to exon.
'20 pd. to exch.
-20 pd. to exch.
-34 pd. to exch.
‘37 pd. to exch.
-12 pd. to exch.

100 Nov. fo r Deo.
200 Deo. fo r Mch.
100 Oct. fo r Dec.
100 Sept, fo r O ct
100 Oct. fo r Deo.
1,400 Oct. fo r Nov
1,100 Sep. fo r Deo.
700 Aug. fo r Dee.
100 Aug. fo r J a n .
200 Aug. fo r S ept.
100 Deo. fo r Mch.
300 Aug. fo r N ov.
300 Aug. fo r J an.
300 Ju ly fo r Ja n .
200 Aug. fo r Oet.

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
T h e F o l l o w in g a r e t h e G r o ss r e c e ip t s o f c o t t o n a t
Boston and Baltimore. Instead of including this cotton for New York, Boston, Philadelphia and Baltimore for th e past
the week in which it leaves the Southern outports, we follow week, and since September i, 1893.
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
P h il a d e l p h ia BALTIMORE.
Bo sto n.
N e w Yo r k .
shipments of Sea Island cotton for the week will be found
Receipts
S in ce
T h is
S in ce
T h is
S
in
c
e
T
h
is
T h is
S in c e
from—
under the head “ Shipping News,” on a subsequent page.
w ee k . S e p t . l . w ee k . S e p t . l . w e e k . S e p t . l . w e e k . S e p t. l.
Quotations July 20 at Savannah, for Floridas, common,
N. Orleans... 2,577 389,334
13c.; medium fine, 15^c.; choice, I1%c.
Charleston, Carolinas, medium fine, 20 to 23c.; fine, 25 to T e x a s .......... 1,051 221,047
89,736
11,695 1,204
57,926
S a v a n n ah ... 2,118 241,475
30c.; extra fine, 30 to 40c., all nominal.
102
M obile........
............
20,119
yX P O R T S OF COTTON GOODS FROM GREAT BRITAIN.—Below Florida........
............
70,509
262
Carolina
we give the exports of cotton yarn, goods, &c., from G reit So.
18,843
No. Carolina
426 101,285
Britain for the month of June and since October 1 in V irginia.
3,340
250 101,574
54,058
2,334 286,931
9,739
1893-94 and 1892-93, as compiled by us from the British Board N orth, ports
60,906
597
232 67,937
70,529
165 100,301
&c..
-of Trade returns, It will be noticed th at we have reduced Tenn.,
10,565
28,127
110
Foreign......
the movement all to pounds.
92,711 2,227 254,927
232
6,253 1,146.097 2,609 537,343
T o ta l....
to ta l o f AU.

Cloth.

Yarn&Thread.
000s omitted.

1893-94 1892-93 1893-94

1892-93 1893-94 1892-93 1893-94

1892-93

Lbs.
Lbs.
Lbs.
Yds.
Lbs.
Yds.
Lbs.
Lbs.
O ctober....... 20,979 21,080 423,298 396,143 80,399 76,050 101,378 97,130
77,674
90,952
103,982
81,100
408,954
422,515
23,882
22,278
-N ovem ber...
98,751
D ecem b er... 18,014 18,267 437,562 419,320 83,108 80,484 101,122
T o t.ls t quar. 61,271 62,229 1,269,814 1,237,978 241,181 237,634 302,452 299,863
89,624
.J a n u a r y ....... 19,931 16,625 461,951 384,296 87,990 72,999 107,921
79,385
F e b ru a ry .... 20,850 14,421 465,911 342,022 88,745 64,961 108,995
89,041
'M a rc h .......... 20,709 17,944 473,622 374,304 90,214 71.097 110,923
48,99 1,401,484 1,100,622 266,949 209,057

827,839

111,222 2,671,298 2,333,600 508,130 446,691

630,291

309,092 79,844 58,707
341,264 77,705 64,818
349,958 76,911 66,469

100,660
97,360
96,939

T o t. 3d quar. 60,519 50.947 1,230,916 1,000,314 234,460 189,994
T otalft mos.. 182.680 162,169 3.903,214 3,338.914 742.590 636,635

925,270

T o t. 2d quar. 60,890
'T o ta l 6 m os. 122,161
A p ril..,......... 20,816
M a y .............. 19,655
J u n e . . . . . . . . . 20,048

14,524
18,422
18,001

419,178
407,955
403,783

294,919
910
15.202
941,382

T o tal ex p o rts o f c o tto n m a n u fa c tu re s....................................

Last year..

6,699 1,117,612

1,810

582,045

1,105

95,690

2,067

exports of cotton from th.8 United
8tates the past week, as per latest mail returns, have reached
15,645 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the C h r o n i c l e last Friday. W ith regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total bales
N e w Y o r k —-To Liverpool, p e r steam ers Olbers, 3 0 0 ....R u n ic ,

12 Sea I s la n d ........................................................................ . . .
To H ull, p er ste am er M artello, 2,778......... ................................
To H avre, p e r steam er La C ham pagne, 4 0 0 ..
To B rem en, p er ste am ers Elbe, 7 0 3 ....L a h n , 3 9 6 ......... .
258,050
To H am burg, p e r ste am er P ru ssia. 494. ..................................
557,913
To A ntw erp, p e r steam er NoordLand, 575 ................................
N e w O rleans —T o Liverpool, p e r steam er In v e n to r, 3 ,4 6 4 ....
73,231
Professor, 2 ,4 6 4 .........................
.............. .....................
83,240
To Brem en, p er steam er Broom haugh, 1 ,9 6 0 ..................... .
To H am burg, p er ste am er Valesla. 6 0 0 ......................................
84,470
N o r fo lk —To Liverpool, per steam er Leonora, 854 . . . . .............
240,911 Boston —To Liverpool, per ste am ers C atalonia, 2 6 8 — K ansas,
1 __ P hiladelphian, 4 5 . . . . ................... ............. — ..................
798,854 B altim
ore —To Liverpool, oer steam er M ontezum a, 3 2 .
........
To
A ntw erp, p e r steam er N orse K ing, 299 ................................
864
18,324
818,042

237,463

S h i p p i n g N e w s . —The

312
2,778
400
1,099
494
575
5,928
1,960
600
854
314
32
299

T otal............................................. ........................................................ 15,645
T h e p a r t i c u l a r s o f t h e s e s h ip m e n ts , a r r a n g e d i n o u r u s u a l

The foregoing shows that there has been exported from the form, are as follows:
Bremen
United Kingdom during the nine months 941,382,000 lbs. of
A Ham­
L iver­
manufactured cotton, against 813,042,000 lbs. last year, or an
Total.
Hull:
Havre.. burg. Antw erp.
pool.
5,658
575
1,593
2,778
400
312
New Y ork.......
•increase of 123,340,000 lbs.
8,488
2,560
.
.
5,928
A further m atter of interest is the destination of these
854
^
854
-exports, and we have therefore prepared the following
314
^
314
331
299
statements, showing the amounts taken by the principal B altim ore...... ...
32
countries during June and since October 1 in each of the
15,645
874
4,153
400
Total......... . . 7,440 2,778
last three years:
this week of vessels carrying
■EXPORTS OF PIECE GOODS AND YA.RV8 TO PRINCIPAL COUNTRIES IN • Below we add the clearances
JUNE, AND FROM OCTOBER 1 TO JUNE 30.

Piece Goods—Yards.
(000s omitted.)
T urkey, E gypt and A frica...
C hina a n d J a p a n .....................
E urope (except T u rk ey )........
■South A m erica........................
N o rth A m erica .......................
A ll o th e r c o u n trie s ...............

June.
1894.

1893.

171,643 155.899
62.715 44,525
49,225 27,214
24,330 21,133
46.859 50,439
19,936 18,503
29,075 26,445

the latest dates:

Oct. 1 to June 30.
1892.

1893-94

1892-93

138,964 1,923,037 1.403.601
50.428 560.446 452.307
33,n99 386.096 862,877
18,765 231.273 221,642
54,249 352,687 486,641
25,425 200,906 209.880
26,381 247,769 202,156

1891-92
1.616.479
518,056
462.S11
223,499
410,564
226,28')
213,889

T o tal y a rd s........................ 403,783 349,958 347,911 3,902.214 3,339.104 3.674.108
T o tal v a lu e ........................ £3,863 £3,599 £3.491 £38,153 £34,041 £37,583

Bosto n —To L iv e rp o o l-Ju ly 13—S team er R om an, 293.

To W indso-, N. 8 .—J u ly §§§—3cno >uer Jn ssp h in e, 38.

B a l t im o r e —To B rem en—Ju ly 18 S team er D arm stad t. 1,458.
P h il a d e l p h ia - To A n tw ero —Ju ly 13—S team er S w itzerland, 109.
Ba n F r a n c isc o — To H am burg —B a f t P nilip Nelson, 46.

To J a p a n —S team er China, 1,075.

Cotton freights the past week have been as follows:
j Satur.

Mon.

Tues.

Wednes. T h u n .

F ri.

L iverpool, steam .d
564
9128®564 91S8®584 91S8®564 9128®564
564
M anehes’r, s’t ’m .d.
25 1
25t
25t
25 t
25t
25t
25,394 H avre, steam ...d .
34.731
25.981
4,081 3,042 2,842
2,731 2A08 2,551
21,874
21,488
22,485
Do
l a te r ....... d.
29,849
28,552
3,427 3,310 3,139
25t
251
25t
23t
27*21
34.125 Brem en, s te a m .. d. 2 7 1a t
25,744
30,688
2,501 2,713 2,766
19,011
20.872
21 533
2,044 2,315 1,462
C hina an d J a p a n .....................
Do
l a t e r ... d.
27.157
21,572
19.953
T u rk ey a n d E g y p t.................. 2,853 1.884 2,825
%
*8
*8
H
*8
*8
702
8,677
8,137
889
9,009 H am burg, steam d.
All o th e r co u n tries................. 1,055
Do
later..d .
T o tal lb s .............................. 18,701 16,591 16.237 168.864 149,252 176,753 'i
25t
25t
251
25t
25+
251
£687 £7.114: £6.537 £7.468 Ams’dam , steam .c.
£747 £706
T o tal v a lu e ............ ..........
u f4
Reval, v ia H u ll.d .
“ 84
U 64
“ at
n 6l
“ 64
J u t e B u t t s , B a g g in g , & c .— Jute bagging has sold freely
Do v. H am b d.
®16
318
316
316
316
316
3ie
3ie
316
318
3ie
during the week under review and quotations have been B’lona, d ir e c t...d . S16
2 9t4 ai>39 984®532
marked up
all around. The market closes steady this G enoa, s te a m ...d . 96t® 532 9<54®532 9e4®532 964®5
281
23+
281
23+
Do v.M ’s’l’s,&c.d.
28t
28t
evening at 6c. for
lbs., 6J^c. for 2 lbs. and 7c. for standard T rieste, v.G enoa.d. 316
316
316
3ie
316
316
3^2
grades in a jobbing way. Car-load lots of standard brands A ntw erp, s te a m . d.
3,„
3 19
3,9
-are quoted at 6c. for \% lbs., 6)£c. for 2 lbs. and 7c. for 234 t C ents n e t p er 100 lbs.
Yarns—Lbs.

(000s omitted.)
H o lla n d ......................................
G erm an y ...... ............................
O th. Europe (except Turkey)




....
....
....

....
....
....

....
....
....

....
....

....

....
....
....

—
....
....
....

J

1894. J

21,

uly

THE CHRONICLE.

123

L i v e r p o o l . —By cable from Liverpool we have the following
Early in the week the market for Indian corn futures was
statement of the week’s sales, stocks, &o., at th at port:
stronger on buying by “shorts” to cover contracts, stimulated
by reports of continued drouth in the corn belt, but subse­
J u n e 29. J u ly 6. J u ly 13. J u ly 20.
quently realizing sales by longs and sympathy with the weak­
ness
in wheat caused a decline. Business in the spot market
Sales of th e w eek........... b ales.
57.000
48.000
50.000
44.000
Of w hich e x p o rters to o k . . .
1,200
1,890
2,300
2,100 has been quiet and prices have followed futures. The sales
Of w hich sp e cu lato rs t o o k ..
400
800
200
500 yesterday included No. 2 mixed at 47c. in store, 4 7 ^ ij47^c.
Sales A m erican ________ ______
47.000
41.000
45.000
37.000 delivered and 48)^@48% \ f. o. b. afloat; also yellow at 49J^c.
A ctu al e x p o r t....... ......................
l o , 000
11.000
10.000
8,000
F o rw ard ed ..................................
57.000
64.000
54.000
51.000 f. o. b. from store. To-day the market declined during early
T o ta l stock—E stim a te d . . . . . . . . 1,42 i,000 1.373.000 1.331.000 1.287.000 Change under reports of fall of needed rains in the corn belt,
Of w hich A m erican—E stim ’d 1,203,000 1.159.000 1.125.000 1.083.000 but later most of the loss was recovered. The spot market
T o tal im p o rt o f th e w eek _____
24.000
19.000
22.000
15.000 was dull but steady. The sales included No. 2 mixed at 471^c.
O f Which A m e ric a n _______
12.000
12.000
17.000
5,000
A m ount aflo at........................ .
35.000
35.000
36.000
42.000 in store and 47%c. delivered.

Of w hich A m erican..............

25.000

25.000

22.000

26.000

The tone of the Liverpool market for spots and futures ea< h
day of the week ending July 20, and the daily closing prices
of spot cotton, have been as follows:
Spot.

S atu rday Monday. Tuesday. Wednes. Thursday. F r id a .,

M ark et, \
1:45 P. M. j

Easier.

Q uiet.

Fully
m ain t’ned

Steady.

Easier.

Dull.

M id.U pl’d s.

31516

3I316

3 l5 ie

3 l5 le

31516

315J6

S a le s .........
Spec. & exp.

6,000
300

8,000
500

8,000
500

8,000
500

8,000
500

7,000
500

Q uiet.

S teady.

Q uiet a t
p a rtially
1-84 adv.

V ery
steady.

Firm .

Quiet.

F utures.
uiet a t
M ark et, ) Q
de1:45 p. m . j 1-04
oline.
M arket, \
4 P. M. £

Dull.

Q uiet at S teady at
p artially partially
1-64 dee. 1-84 dec.
Q uiet and Q uiet and
steady. | stead y .

The opening, highest, lowest and closing prices of futures
at Liverpool for each day are given below. Prices are on
the basis of Uplands, Low Middling clause, unless otherw se
stated:
The p rices are given in pence a n d 6 4 ths.
3 63-64d. an d 4 01 m eans 4 l-6 4 d .
Sat.« July 14»

d.
3 54
3 54
3 54
3 55
3 56
3 57
3 58
3 59
F e b .-M c h .. 3 60
M ch.-April. 3 61

d.

d.

3 54
354
3 55
3 56
3 57
3 57
3 58
3 593 60
3 62

3 54
354
3 54
3 65
3 56
3 57
3 58
3 59
3 60
3 61

d.

d.

3 54 354
3 54 354
3 55 3 55
3 56 3 56
3 57 3 56
3 57 3 57
3 58 3 58
3 59 3 59
3 60 3 60
3 62 3 62

Wed.« J u l y I S .

d.
3 55
3 55
3 56
3 57
3 58
3 58
3 59
3 60
3 61
3 63

d.

d.

d.

3 56
3 56
3 56
3 57
3 58
3 58
3 59
3 60
3 62
3 63

3 56
3 58
3 57
3 57
3 58
3 59
3 60
3 61
3 62
4 00

3 56
3 56
3 56
3 57
3 58
3 58
3 59
3 60
3 62
3 63

d.

d.

d.
3 55
3 55
3 66
3 56
3 57
3 68
3 59
3 60
3 01
3 63

Wed.
473s
4 7 78
473s
44^

Thurs.
47
473s
47%
44

F ri.
4 6 7s
47%
46%
43 %

DAILY CLOSING PRICES OP NO. 2 MTXrnn OATS.

I
J u ly d eliv ery ...................,0.
o.
A ugust d e liv ery .. . . . . . o,c..
S eptem ber d e liv e r y ..—o.
c.
D ecem ber d elivery.........0.
o.

Sat.
Sa
43
34%
325g
32%
33%
33%

Mon.
42%
34
32%
33%

Tues.
40%
33%
32%
33%

Wed.
38
33
32
32%

Thurs.
38%
32%
3134
32%

Fri.
391«
323g
313a
32%

FLOUR.

F in e...................$ bbL $1 75® $1 95 P a te n t, w in te r...........$2 90® $3 30
Superfine..................... 1 80®
2 15C ity m ills e x tr a s .......
3 45
Low. Oto Open High Low. .Olot. E x tra , No. 2 , .............. 2 00®
2 25R ye flour, superfine.. 2 70® 3 10
E x tra, No. 1 ................ 2 20®
2 50B uckw heat f l o u r ................ ® . . . .
t
d.
d.
d.
4.
d.
C lears........................... 2 30®
2 60Corn m eal—
3 54 3 55 3 56 3 57 3 56 3 67 8 tr a ig h ts ..................... 2 65®
3 55 W estern, &o............ 2 50® 2 60
3 54 3 55 3 56 3 57 3 56 3 57 P a ten t, s p r i n g .......... 3 50® 4 25
B ra n d y w in e ...........
2 80
3 55 3 56 3 56 3 58 3 56 3 58
[W heat flour in sa ck s sells a t prices below th o se fo r b arre ls.]
3 56
3 56
3 57
3 58
3 59
3 60
3 62

3 57
358
3 58
3 59
3 60
3 61
3 63

3 57
3 58
3 58
3 59
3 60
3 62
.3 6 3

Thurs.« J u l y 1 9 .

3 56 355
3 56 3 55
3 67 3 55
3 57 355
3 58 353
3 59 3 57
3 60 3 58
3 61 3 59
3 62 3 60
4 00 1 3 62

Tues.
47%
48
47%
45

Oats for future delivery have suffered a sharp decline for
the current month under free liquidation of contracts, prompt­
ed by expectations of a free crop movement from the West.
The distant months have also weakened somewhat. Business
in the spot market has been dull and prices have declined
sharply in anticipation of free arrivals from the interior. The
sales yesterday included No. 2 mixed at 40@41c, in elevator
and No. 2 white at 40 <t43c. in elevator. To-day the market
was firmer for July contracts on buying by “shorts” to cover
contracts, stimulated by a disappointment in the movement
of the crop; distant months were fractionally lower. The
spot market was firmer but quiet. The sales included No. 2
mixed at 42@43c. in elevator and No. 2 white at 42^@43c.
in elevator.

Tuoa.« July 17.

3 53
359
3 60
3 61
3 62
3 63
4 00

3 57 3 53
3 58 3 59
3 58 3 60
3 59 3 61
3 60 3 62
3 62 3 63
3 63 4 00

Fri., J u l y 2 0 .

Opsn High Low, Olot. Opsn High Low. Olot. Opsn High Low.l u
J u ly .............
Ju ly -A u g ...
A ug.-Sept
8ept.-O ct...
O et.-Nov....
N ov.-D ee...
D ec.-Jan....
Jan .-F eb ....
F eb .-M ch ..
M ch.-April.

Mon.
47 78
48v»
47 78
45%

The following are closing quotations:

Mon.« July 16.

Ops» High Low. OU»». Open High

July....... .
July-Aug...
Aug.-Sept..
Sept.-Oct...
Oct.-Nov....
Nov.-Dee...
Dee.-Jan....
Jan.-Feb„ .

T h u s: 3 63 m ea n s

DAILY CLOSING PRICES OP NO. 2 MIXED CORN.

§'»■*
Sat.
c. 47%
Ju ly d elivery.....................c.
471s
A u g u st d e liv ery ......... . ..c
. c 4471g
7%
S eptem ber deliv ery ........,c.
c. 47%
47!8
o..........
D ecem ber d eliv ery .........c............

d.

d.

3 55 3 ó5
3 55 3 5 5
3 55 3 56
3 5 5 3 56
3 56 3 57
3 57 3 58
3 58 3 59
3 59 3 60 I
3 60 3 61
3 62 3 63

d.

d.

3 55
3 55
3 65
3 56
3 56
3 57
3 53
3 59
3 61
3 62

3 55
3 55
3 55
3 56
3 57
3 57
3 58
3 60
3621
3 62

d. j

3 56 ! 3 56
3 56 j 3 57
3 57 I 3 57
3 58 ! 3 £8
3 59 j 3 6'J
3 60 3 61
362 3 62^

8 R E A D S T U F F S .

GRAIN.

W h e a t0.
0.
Corn, p e r h u sh —
c.
S pring, p e r b u s h .. 51 ® 66
W est’n m i x e d ...... 46 ®
R ed w in ter No. 2 .. 56 »4® 57%
No. 2 m ix ed ___. . . 47%®
R ed w in te r............. 50 ® 60
W estern y e llo w ... 47 ®
52 ® 60
W estern W hite___ 47 ®
O ats—M ixed,per bu. 42 ® 44
R ye—
W h ite .... ............ 40 ® 55
W estern, p e r hush.
®
42 ® 43
S tate an d J e r s e y ..
®
42%® 43% B a rley —Vo.2 W est’n
®
S ta te 2-row ed.......
®
S ta te 6 -ro w e d .....
®

....

6.
48%
48%
49
49

....

The movement of breadstuffs to market is indicated in tbe
statement below is prepared by us from the figures of the
New York Produce Exchange. We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending July 14, 1894,
and since August 1, for each of the last three years:
Receipts at—

Hour.
Wheat.
Corn.
Oat». 1 Barley.
Rye.
B b ls.im b s Bush.00 lbs Bu8h.bG lbs Bush.32 lbs BuskAH lbs Bu.56 lbs.
ihioago ....
13,247
7,550
159,550
149,2)0
700
650
Milwaukee...
7,800
83,194
13,650
91.750
2,400
5,400
J u iu th ........
40,243
356,396
2,243
Minneapolis.
198,780
7.270
Toledo..........
674
84,800
6,0.0 )
2,900
0 é tro it.........
2,680
44,381
7,404
28.072
C leveland....
2,170
11,985
i t. Louis.......
14,715
383 568
302 525
147,070
700
P e o ria ........
1,050
6,600
109,850
64,900
5,600
Sansas City.
23,555
Tot.wk, ’94.
82,579 1,187.804
606,249
498,120
8,700
6,750
lam e wk,’93
269,199 2.530,224 2.412,930 1,887,722
24,395
24,008
lam e wk,’93.
265,618 3,405,105 1,497,363 3,007,754
131,700
50,062
lines Aug. I.
1893-94___ 13,085,062 147,912,553 146,067,395 115,252,894 23,397.030 3,334,848
1892-93___ 12,909,618 235,941,161 124,039,955 114,937,591 29,357.823 7,127,498
1891-92..... 12,844,789 232,373.700 122.153,302 107 441,119 31,561,484 14.493,603

F r i d a y , July 20, 1894.
Business in the market for wheat flour has been extremely
dull, a decline in wheat values having a tendency to keep
buyers brck, and prices have had a general decline. Rye flour
has been quiet, but supplies have been light and prices have
held steady. Corn meal has sold slowly, but an advance in
the price of corn has added tone to the market. To-day the
market for wheat flour was dull and easy.
There has been increased activity to the speculative dealings
The receipts of flour and grain at the seaboard ports for the
in the market for wheat futures but at declining prices, due to
general selling, prompted by depressed foreign advices, ex­ week ended July 14, 1894, follow:
Flour.
Wheat,
Corn.
Oats,
Bariev.
Ri/s.
pectations of a heavy movement of the new crop, and reports Receipts at—
bbls.
busti.
bush.
bush.
bush.
115,506
452,700
311,975
319,700
431
from harvesting districts at the West stating that the yield
65,3 *3 173,633
103,531
161,429
15,371
13,600
has been running far beyond previous expectations. In the
80,913
59,588
47,480
101303
81.3*2
414,700
17,-(72
5,673
2,190
spot market prices have declined with futures and at the con­ Richmond.
1,150
2 ,ó*10
15,2 *6
10,749
22,653
96.387
113,416
cessions exporters have been fair buyers. Yesterday the
............
sales included No. 2 red winter at % dji^c. under Septem­
T otal w eak...
320.841 5,199,509
517.8' ID 7L5.121
2,621
407.078 3,033,550’ 1,576,928 1,041,831
7,600
ber,!. o. b. afloat, and No. 2 hard winter at lj^c. under Sep­ W eek 1891...........
27,773
tember, f. o. b. afloat. To-day the market further declined
The total receipts at ports named in last table from Jan. 1
J uly 14 compare as follows for four years:
under dull and easier foreign advices and favorable weather
Receipts of—
at the West. The spot market was neglected.
1894.
1893.
1892.
1891.
DAILY CLOSING- PRICES OP NO. 2 RED WINTER WHEAT.

Sni
Sat.

... ....
... .

J u ly d e liv e ry ....
c.
A u g u st delivery.,
5938
S eptem ber d eliv ery....... o.
0 t>0%
D ecem ber deli v e r y . ....
...ec.. b4%




1/nM
Mon.
59
59%
60%
6438

nu
Tues.
58%
58%
60%
63%

Wed.
57%
57%
59%
62%

Thurs,
56%
57%
58%
62%

Fri.
56%
56%
58%
61%

Flour................ .bbls. 10,868.250
W h e a t............. bush. 17,072,702
C orn.................
O a ts ................ .......... 19.105,702
B arley.............
Rye...................

9,797,877

9,783,485

7,193,898

41.933,445
27,957,888
24,347.429
2,630,346
743,811

52,336,528
63,140,031
28,440.595
3,015,213
2.699,083

2 (.682.528
22,312,106
18,005,986
1,817,776
335,214

T o tal grain. .......... 71,248,838

97,642,799

149,631,506

64,153,610

THE CHRONICLE.

124:

[Y ol . L lX ,

The exports from the several seaboard ports for the week packages, valued at *321,723, ¡heir destination being to the
points specified in the tabl • /el >w
ending July 14, 1894, are shown in the annexed statement:
Exports from —

Wheat.
bash.
.. 446 616
^ 64,812
IT«,433

Com.
bush.
Ii8,531

,. 184,000

33,142
17.555
6,108

F low ,
bbls.
109,219
29,603
14,4 '6
6L.994
37.052
893
23,5u7

Oats.
busa.
5,957
500
9,837

Rye.
bush.

Peas.
bush.
3,797

The destination of these exports for the week and since
Sept. 1,1893, is as below. We add the totals for the corres­
ponding periods of last year for comparison:
,-------- Wheat.-------- , f----------Com.--------- >
Week Since Sept.
Week Since Se/pt.
J u ly 14. 1,1893.
Ju ly 14. 1, 1893.
bush.
bush.
bush.
bush.
90,612 27,394,536
830,527 25,355,253
8*,641 21,032.545
311,825 20,5l-VJ6S
1.337
142,816
5,400
32.679
27,996
771,004
............
30,180
141,756
............
............
750
113,038
............
155,154

T o ta l................. 266,694 1 1 .874,284 1,147,752 46,090,033 205,336 49,595.695
T o tal 1892-93...... 296,578 12,348,604 2,806,109 81,682,889 1,098,132 32,913,201

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, July 14, 1894, was as follows:
Wheat,
bush.
Jti store a t—
New Y ork.................... 8.737.000
Do
afloat.......... 167.000
A lb a n y ........................
B uffalo........................ 1.173.000

Com,
bush.
781.000
217.000
62,000
235.000

Oats,
bush.
562,000
85.000
45.000
46.000

Rye,
bush.
17.000

Barley
bush.

1,000
13.000

' 14,000

C hicago....................... 17,Ò2Ì,000

1,418,000

28,000

101,000

6,000

889.000

1,000

1.454.000
1.106.000
140,000
St. Louis..................... 2,614,000
1,000
304.000
86,000
M o n treal..................... 645.000
192.000
81,000
63,000
247.000
B altim o re .'..,............. 694.000
8,846,000
39,000
On Mississippi River.
On Lakes.................... 2.087,000
On canal an d riv e r... 2,248,000
Total Ju ly
Total Ju ly
Total Ju ly
T otal Ju ly
T o tal Ju ly

14,1894.53.1*5.000
7,1894.54,115.000
15, 1893.59.368,000
16,1892.22,440,000
18, 1891.12,472,294

2,000
27,000

4,321,000
43,000

2,000
9,000

66,000

36,000

43,000
1,000
58.000
104.000
3,000
14.000
131.000

8,' 00
6,000
24,000
200,000
135.000
10.000
2,000
30.000
17.000

Y o r k

t o

J u l y

17.

1,000

1,000
8,000
2,000

26,000

49,000
8,000

1,000
6,000
1,000

45,000
546,060
166,000

3.000
136.000
334,000

10.600
17,000

3.934.000
5,2/7,000
8.843.000
6.905.000
3,365,202

1,745,000
2,317,000
2,964,000
5,504,000
1,759,308

196 000
221,000
364,000
2 9,o00
152,600

2,000

1893.

Week. Since J a n .

34,991

P o rtla n d ...................................................................................................................................
205,336 266.694
16,294
............
38 788
T otal w eek..........1,147.753
Same tim e 1893...... 2,t06109 1,098,132
296.578
337,530
33,850
55,805

,---------Flour.-------- ,
Exports for
Week Since Sept.
week and since J u ly 14. 1, 1893.
Sept. I to—
bbls.
bbls.
U nited Kingdom 187 696 . 7.554,024
C o n tin en t...........
11,^01 1,341,*82
S. & C. Am erica.. 31,603 1,3*7,988
W est Indies........ 26,486 1,210,481
B rit. N. A. Col’s.
8,751
382,392
O th er countries..
557
38,119

1894.
N e w

G reat B rita in ........................
O ther E u ro p e a n .....................
C h in a ........................................
India.........................................
A rabia........................................
A frica........................................
West In d ie s..............................
C e n tral A m erica....................
8 rath A m e r ic a .......... .........
O Cher c o u n trie s.......................

241
54
195
1 ,1 8 9
20

3 ,2 4 6
2 ,0 1 4
5 2 ,4 2 0
4 ,5 7 9
1 3 ,3 1 8
4 ,4 7 3
1 0 ,3 * 9
1 ,0 4 1
3 ,9 8 9
2 3 ,8 0 7
1 ,7 9 9

T o ta l...................................
C hina, v ia V an co u v e r* ....

8 ,0 2 6
3 ,5 1 0

1.

Week. Since J a n . 1 .
41
5
30 0

2
6
6
4
5

2 ,1 6 0
826
1 6 ,8 0 4
2 ,2 5 6
5 ,1 4 3
5 ,8 2 1
1 0 ,5 4 2
1 ,1 9 3
2 ,5 9 0
2 7 ,3 6 1
1 ,4 3 8

1 2 1 ,0 4 5
1 4 ,2 » 8

1 ,9 3 9
4 ,9 7 0

7 6 ,1 3 4
1 9 ,0 1 5

1 3 5 ,3 4 3
T o t a l ................................ 1 1 , 5 3 6
* F rom N ew E n g la n d m ill p o in ts d ire c t

6 ,9 0 9

9 5 ,1 4 9

9
35
6 ,1 4 8
135

....
....
....

23
1
3
1 ,2 5
5

The value of the New York exoorts since Jan. 1 has been
1,4 *4,429 in 1894 against $4.505,988 in 1893.
Lonsdale 4-4 bleached, Fruit of the Loom 4 4 bleached
and Masonville 4-4 bleached were reduced on Wednesday to
7 ^c. per yard regular, making the net price the lowest
at which these tickets have ever sold. Other reductions put
Blackstone at 6)£c., Hope at 6^ c . and a number of other
tickets on a comparative basis. Fair sales have been made
during the past two days.
Low-grade bleached
goods are dull and irregular. Brown sheetings have
been in slightly better request on home account,
with fair sales for export. Prices are irregular, a
number of Southern makes selling on a very low basis. In
colored cottons, such as denims, checks and stripes, ticks, etc.,
the demand is for small lots mostly, and prices are irregular.
Other staple cottons are featureless. There has been a fair
demand for dark fancy prints at steady prices, with about an
average demand in other regular printed lines. Ginghams
are quiet and unaltered for both dress styles and staples.
There has been a large busiaess in print cloths this week,
manufacturers at Fall River selling extras at 2%c. for both
spot and contracts ; the market is steady thereat ac the close.
1894.
Stock o f P r in t Cloths—
J u ly IS .
H eld by P ro v id en ce m a n u fa c tu re rs . 3<>2,000
F a ll R iv er m a n u f a c tu re rs ...............7 7 0 ,0 0 0

1893.
J u ly 14.
147,000
181,000

1392.
J u ly 15.
2,000
N one.

T o ta l sto c k (pieces)..................... 1,072,000

328,000

2,000

F o r e ig n D r y G o o d s . — Only

90.000
92.000
392,000
42i,f00
74,779

a scattering business is re­
ported in merchandise for immediate use and for fall trade
the orders have been exceedingly limited, there being an all­
round disinclination to do business until the tariff outcome is
clearer.
Im p o rta tio n s an d W arehouse W ith d r a w a ls o f D ry Goo d s .

THE DRY GOODS TRADE.

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[ON FOB THB W EEK AED SINCE JANUARY 1 , 1 8 9 4 AND 1 8 9 3 .




0j

1 ,9 1 1
6 ,9 3 8

New Y o r k , F r i d a y , P . M., July 20, 1894.
There has been more business doing in the market than for
some weeks past. The removal of freight interruptions has
led to a much freer outward movement of merchandise, con­
siderable quantities held over during the railroad troubles
going forward, and has released the Western demand, thus
adding to the general business. Another factor favoring an
increase has been the revision of prices by leading bleached
goods agents by which prominent makes of 4-4 bleached shirt­
ings have been reduced about
per yard. Buyers had been
waiting a considerable time for this revision, and since it
was made have increased their takings of the class of
goods affecte d materially. In the general run of
the market outside of bleached lines there has
been no expansion in individual orders, but a greater number
of buyers have been taking small to moderate-sized quanti­
ties. It is expected that the demand for staple cottons gener­
ally will show a further improvement in the near futures, as
the greater part of fall requirements have yet to be provided
for and no further important price reductions are looked for.
There is still much irregularity, however, in the market, but
no weaker symptoms, the reductions referred to above not
being the outcome of any new conditions this week.
D o m e s t ic W o o l e n s . —The renewed uncertainty concerning
tariff legislation has had a bad effect on the market for
woolen and worsted goods during the latter part of the week,
but earlier a fair number of small re-orders came to hand for
low and medium-priced staples and for worsted cheviots,
clay diagonals and medium-priced fancies in heavy weights.
Any inclination to look at samples for next spring has been
quite checked and manufacturers too have shown less desire
to open 1heir lines. Overcoatings in beavers and kerseys for
immediate use in quiet request but little doing for spring.
Cloakings generally dull. Satinets inactive and sales of
cotton-warp cassitneres and doeskin jeans small. Woolen
and woisted dress goods in fancies are fairly re-ordered, but
staples dull. Tnere is no change in flannels or blankets.
D o m e s t ic C o t t o n G o o d s . —The exports of cotton goods
from this port for the week ending July 17 were 8,026

The importations and warehouse withdrawals of dry goods
at this port for the week ending July 19, and since Jan. 1,
1894, and for the corresponding periods of last year are as
follows :

THE CHRONICLE.

J uly 21, 1894.]

S t a t e aw p C ity P s y » y r i m i T .
TERM S

OF

S U B S C R IP T IO N .

Commercial and Financial CHRONICLE con­
tains 4 0 to 6 4 pages, published every week.
Slate and City Supplement of CHRONICLE con­
tains 180 pages, published periodically.
Investors’ Supplement of CHRONICLE (a Cyclo­
paedia of Railroad Securities) contains 1 6 0 pages, published
every other month,
________
Subscription to CHRONICLE for one year $ 1 0 .0 0 ,
which includes everv issue of both S upplements,

Terms of A dvertising—(P e r inch space.)
One tim e ................................. $3 50 I T nree M onths (13 tim es) ..$ 2 5 00
O ne M onth
(4 tim e s).. 11 00 Six M onths
(26 tim e s).. 43 00
Two Mouths
(8 tim e s).. 18 00 | Twelve M onths (52 tim e s).. 58 00
(The above te rm s fo r one m onth an d u p w ard a re fo r s ta n d in g card s )

The purpose ot tnis state and City Department
is to furnish our subscribers with a weekly addition to and
continuation of the State and City S upplement, In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
State and City Supplement to as near the current date as
possible. Hence if every Subscriber will note in-his Supple onMENT the page designated at the head of each item a
reference to the page where the item in the Chboniole can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.

125

W. J. Hayes & Son. $8,167; .Seasongood & Mayer, $8,163;
Spitzer & Co., $8,187; Deitz, Dennison & Prior, $8,196 70; S.
A. Kean, $8,020; People’s Savings Bank, $8,101 21. Interest
on the loan is payable semi-annually.
Bellevue, Ohio.—(C h r o n i c l e , vol. 58, pages 1002 and 1045.)
—Five bids were received on Julyv2 f<r $12,000 of 5 per cent
coupon water-works bonds and the loan was awarded to the
Illinois Trust & Savings Bank, of Chicago, for $12,245. The
bonds are to be dated August 1, 1894, and will be payable at
the 1ate of $1,000 yearly, commencing August 1, 1938. In­
terest will be payable semi-annually (F- bruary and August)
at the American Exchange National Bank, of New York City.
Bids will again be received until Julv 23 by W. H. Dimick,
Corporation Clerk, for the purchase of $6,5 )0 of street improve­
ment bonds. They will be dated August 1, 1894, will bear in­
terest at the rate of 5 per cent, payable eemi- mnuallv on Feb­
ruary 1 and August 1, and will mature part yearly from August
1, 1895 to August 1, 1904, payable at the American Exchange
National Bank, New York, and will be exempt from all mu­
nicipal taxation.
Beverly, Mass.—It is reported that Beverly has sold $30,000 of 4 per cent 22-year water bonds to R. L. Day & Co.
at 105 187. Five other bids were received for the loan.
Chester F ire D istrict, Mass.—James C. Cooper, Treasurer,
will receive proposals until July 25 for the purchase of
$20,000 of coupon water bonds. The loan will be dated July
1, 1894, will bear interest at the rate of 3 ^ per cent, payable
semi-annually (J. & J.), and will mature July 1, 1919. Both
principal and interest will be payable at any national bank in
either Boston or Springfield, Mass., which the purchaser may
designate. The payment of the bonds is guaranteed by the
town of Chester, which has no indebtedness. Its assessed
valuation is $542,490; tax rate, (per $1,000), $15.
Cleveland, Ohio.—(C h r o n i c l e , vol. 58, pages 565, 611 and
831.)—City Auditor W . A. Madison writes the C h r o n i c l e
that “ although authority has been given by the Legislature
of the State of Ohio to the city council to borrow money for
the purpose of building a city hall, it will probably be two
years or more before bonds are issued under such authority.
The Legislature enacted a law at its last session limiting the
debt of Cleveland to a sum not greater than 5 per cent of its
valuation ; and as the debt is now within a few thousand
dollars of that figure, the city hall project will have to wait
until enough old bonds are retired to make the issue legal.”
Coxsackie, N. Y.—Village water bonds to the amount of
$35,000 will be sold July 31. Interest at the rate of 4 per cent
will be payable semi-annually in Coxsackie, a n i the bonds
will mature at the rate of $2,000 yearly after ten years from
date.
Croswell, Mich.—The citizens of Croswell will probably
vote on issuing $9,000 of bonds for water-works.
D etroit, Mich.—(Chronicle, vol. 58, pages 915 and 1002,
and vol. 59, page 38 ) —The follow ing is a list of the bids re­

Tennessee Bonds Listed on the New York Stock Ex­
change.—On July 20th State of Tennessee bonds to the
amount of $2,069,000 were listed on the New York Stock Ex­
change. The securities include $469,000 of 4 per cent re­
demption bonds due October 1,1907; $1,000,000 of 43^ per
cent redemption bonds due October 1, 1918, and $600,000 of
4J£ per cent penitentiary bonds due October 1, 1918. The
proceeds of the sale of redemption bonds were applied to re­
tire new settlement 5» and 63 to the amount of $1,349,000.
The remainder of the new settlement bonds, $31,900, were re­
deemed out of the surplus in the State Treasury, The total
bonded debt of the State, excluding old bonds not yet pre­
sented for funding under the Settlement Act of 1883, is at the ceived on July 12 for the $35,000 of 4 per cent 30-vear park
present date $15,650,500. It is estimated that the above-men­ a n d b o u le v a r d b o n d s .
B id .
tioned old bonds when funded into “ New Settlements” will R. L. D ay & Co., B o ston....... ................................. ..............................110*136
G
reenw
ich
SavingBank.
New
Y
ork—
...................
—
1L0'03
aggregate a little short of $1,000,000. The State’s annual in­
M e rritt & Co., B o s to n .......................................................... 109*69
terest charge is $498,205. The receipts and disbursements are Blodgefc,
G. W. D ougherty & Co., New Y o rk ............................................... ...1 0 9 " <5
B
rew
ster,
Cobb & E sttb ro o k , B oston........................................ . . . . 1 0 9 05
reported as follows:
E H. Rollins & Sons, B oston ......... ............. ...................................1 0 8 '7 6

F ro m Ju n e l , 1893, to May 31, 1894, in clu siv e, tlie re ­
ceip ts (not in cluding sneoial funds) w e r e .......................$1,773,977 02
F ro m Ju n e 1, 18*3, to M ay 3 1 ,1 3 9 4 , inclusive, th e d is­
b u rsem en ts (not in clu d in g oaym ents on sp e cial funds)
w e r e . . , .............. ................................................................. . 1,599,429 37
T he o rd in ary r u n n in g expenses of th e 8 ta te (w hich i n ­
cludes in te re s t on S tate debt) p e r an n u m a r e .................. 1,322,910 15

W. J. H ayes & Sons. C leveland ______ _____________ _____ ...108*068
L a m p re c h t Bros & Co., C le v e la n d ..................... ................ ...........108*24
T hird N ational B ank, B o s t o n ........................................................1 0 7 * 3 3
E d w ard C. Jo n e s & Co., New Y o r k ..... .......................................... 106*55
Illinois T ru st & S avings B an k , C hicago............................................106 27

Interest is payable semi-annually, and both principal and
The assessed valuation is given as $379,919,868, while the interest are payable in gold in New York City.
Downingtown, Pa.—(C h r o n i c l e , vol. 58, pages 1083 and
real value is estimated to be $700,000,000. The State tax rate
1118.)—James Hamilton, Borough Clerk, writes the C h r o n i ­
is $3 per $1,000. The population, according to the census of c l e that the election held July 16 to vote on issuing $30,000,
1890, was 1,767,518.
more or less, of water-works bonds resulted in favor of the
proposition. The loan will run 30 years, and a sinking fund
be created to pay it off at maturity. The money has
U tah to Become a State.—The President has this week will
been offered at home should the b mds bear interest at the
signed the act enabling the Territory of Utah to be admitted rate of 4 per cent, but the Borough Clerk states that the loan
into the Union. A telegram from Salt Lake City dated July will be placed at as low a percentage as can be obtained ; also
at as early a date as possible.
17 reads as follows :
Dundee School D istrict, No. 8, Kane County, 111.—
“ The announcement that President Cleveland had signed
the Utah Enabling Act was received with quiet but general (C h r o n i c l e , vol. 58, page 1119.)—Twelve thousand dollars of
satisfaction here. The act has been so long anticipated that 5 per cent school bonds were awarded on July 5, to Lyon,
it caused no excitement, and the prevailing depression in labor Gary & Co., of Chicago, for $12,168. Interest will be payable
and financial circles acts as a dampener to any exhilaration annually, and the bonds will mature at the rate of $2,000
of spirits that might otherwise be manifested. Both Demo­ yearly from April 1, 1898, to April 1, 1903.
crats and Republicans are organizing clubs throughout the
East Orange, N. J.—Bids will be received until July 28 by
Territory preliminary to the November elections, when a S. M. Long, Township Clerk, for the purchase of $84,000 of
Delegate to Congress will be chosen, and in addition mem­ tax-arrearage bonds. The loan will be dated July 1, 1894,
bers of the convention who will meet in March next to and will be payable July 1,1914, with interest at the rate of
frame the constitution for the new State.”
4 per cent, payable semi-annually on January 1 and July 1,
The bonds are coupon but may be registered >f desired. The
assessed valuation of the township is $13,500,000.
Bond Proposals and Negotiations.—We have re­
Elizabeth, N. J.—The City Council has voted in favor of
ceived through the week the following notices of l onds issuing $20,000 of bonds for the erection of a new public
recently negotiated and bonds offered and to be offered for school house.
sale.
Eureka, Cal.—The people of Eureka will probably vote on
Akron, Ohio.—(C h r o n i c l e , vol. 58, pages 876, 914 and 1081.) issuing bonds for water-works.
Fargo, N . D . —(C h r o n i c l e , vol. 58, page 915, and vol. 59,
—Five per cent avenue improvement bonds of Akron to the
amount of $8,000 were sold on July 14 toLamprecht Brothers page 88.) —City Auditor A. O . Rupert writes the C h r o n i c l e
Co. for $8,233. Six other bids were received as follows:— that uo bonds will be issued by the city of Fargo in the near




THE CHRONICLE.

126

fVoL. L1X,

future. This is in confutation of the report that a water
loan of $40,000 would soon be floated.
Fort Wayne, Ind.—(Chronicle , vol. 59, page 38.)—There is
a current report to the effect that the people of Fort Wayne
have voted $13,000 of water-works bonds, but James H.
Simonson, Comptroller, writes the Chronicle that no bonds
are to be issued by the city at present.
Glendale, Ohio.—B. D. Bartlett, Clerk, will receive pro­
posals until August 16 for the purchase of $6,000 of 5 per
cent water bonds.
Grand Rapids, Mieh.—(C h o r n i c l e , vol. 58, page 1119.)—
On July 16, 1894, the Common Council of Grand Rapids
adopted a resolution awarding $ 100,000 of street improve­
ment and sewer construction bonds to Messrs. Lamprecht
Bros. Co., of Boston, at 101'943. The bonds are dated May
1, 1894, bear interest at the rate of 5 per cent, payable semi­
annually on May 1 and November 1, and mature at the
rate of $25,000 yearly from May 1, 1895, to Mav 1, 1898,
Both principal and interest will be payable at the office of the
City Treasurer. Eighteen bids were received in response to
the offering, of which the following is an official list.

Humphrey, Neb.—(Chronicle , vol. 58, pages 565 and 650.)
Proposals will be received until August 13 for the purchase of
water-works bonds.
Indianola Independent School District* Iowa. — The
$18,000 of 5 per cent 5-10 year refunding bonds of this district
were sold on July 9 to N. W. Harris & Co., of Chicago, for
$18,024, the purchaser to furnish the blank bonds. Interest
will be payable semi-annually, both principal and interest
being payable in New York.
Ironton, Ohio.—(Chronicle , vol. 58, pages 565, 954, 1046,
1119 and vol. 59, page 3 8 .)-Bids will be received by City
Clerk George H. Davis until August 15’h for $10,000 of 5 per
cent 20-year sewer bonds. They will be in denominations
of $1,000 each, dated July 2nd 1894, and principal and interest
will be payable at the National Park Bank, New York.
Delivery of the securities will be made at Ironton.
Kings County, N. Y.—(Chronicle, vol. 58, pages 692, 787,
832, and vol. 59, page 84.)—We give below an official report to
the Chronicle of the prices paid on July 19 for $350,000 of 4
per cent registered Kings County bonds :

The city’s bonded indebtedness on June 24, 1894, consisted
of $887,OuO of water bonds, $150,000 of City Hall bonds, $360,100 of school bonds and $500,000 of bonds for street improve­
ments, etc., making a total of $1,897,100. The assessed valu­
ation for 1894 of real estate is $20,044,135; personal property,
$5,216,142; total, $25,260,277. The population, according to
local figures, is 100,000.
The grand total of the new city budget which was adopted
this week by the Board of Aldermen is $406,300. Among the
larger items on the list are the following:

sewerage and funding bonds, dated October 1, 1894, and ma­
turing at the rate of $7,000 yearly from October 1, 1924, to
October 1, 1941. Interest will be payable semi-annually on
April 1 and October 1 at the National Bank of the Republic,
Boston, Mass,
The total debt of the city, including this issue, is $191,000.
Its assessed valuation for 1893 was $4,741,722; actual value,
$7,000,000. The estimated population is 12,000.
Laurel, Md.—It is reported that the people of Laurel have
voted in favor of issuing $30,000 of 5 per cent bonds.
Lawrence, Mass.—Chronicle , vol. 58, pages 1002 and
1046.)—It is reported that this city will soon issue 4 per cent
bonds to the amount of $350,000.
Lorain, Ohio.—An election will be held August 9 to vote
on issuing $ 100,000 of improvement bonds.
Marietta, Ohio.—(Chronicle , vol. 58, pages 650, 692 and
915,)—It is reported that this city will soon offer for sale $15,000 of sewer bonds.
Me Bain, Mich.—(Chronicle , vol, 58, pages 1003 and 1082.)
—We are notified by L. Yan Meter, Treasurer, that bids will
be received at any time for the $4,500 of 6 per cent water­
works bonds to be issued. McBain has at present no debt of
any kind and its assessed valuation, which is 75 per cent of
actual value, for 1894 of real estate is $45,000 ; personal prop­
erty, $15,000; total, $60,000.
Milwaukee, Wis.—(Chronicle , vol. 58, pages 877, 916,
1003, 1046 and 1083, and vol. 59, page 84.)—Five percent
school bonds of Milwaukee to the amount of $35,000 have
been authorized by the Council. Interest will be payable
semi-annually on January 1 and July 1, both principal and
interest to be payable at the office of the City Treasurer, and
the bonds will mature at the rate of $1,750 yearly, from July
1, 1895, to July 1, 1914.
Mount Sterling, Ohio.—An election held at Mount Ster­
ling to vote on issui&g bonds for water-works and electriclights resulted in the defeat of the proposition.
Newton, Mass.—(Chronicle , vol. 58, pages 917, 955 and
1046.) Sealed bids were to be received until yesterday by
John A. Kenrick, City Treasurer, for the purchase of $75,000
of 4 per cent water bonds due April 1, 1924. Interest will be
payable semi-annually on April 1 and October 1 at the City
Treasurer’s office or at the National Revere Bank, Boston.
New B ritain, Conn.—Four per cent sewer bonds to the
amount of $25,000 have recently been sold.
New Haven, Ind.—It is reported that bonds of this town
will soon be issued.
New Tors City.—(Chronicle , vol. 58, pages 691, 692, 745,
787, 1046 and 1120, and vol. 59, pages 29 and 84.)—Three-andone-half per cent bonds of the City of New York to the
amount of $1,892,794 have been authorized for various purposes.
Oak Cliff, lex .—Water-works improvement bonds of Oak
Cliff to the amount of $10,090 have been voted by the Coun­
cil, the loan to run fifty years, and bear interest at the rate
of 6 per cent.
Portland, Oregon.—(Chronicle , vol. 58, page 745.)—Bids
will be received until August 6th by Frank T. Dodge, clerk of
the W ater Committee of the city of Portland, for 5 per cent
30-year water bonds to the amount of $500,000. The securi­
ties will be dated July 1, 1893, and accrued interest from July
1, 1894, must be paid by the purchaser in addition to the price

P urchaser.
A m o u n t.
Nam e.
Due. Price.
K ings Co. Savings Institution.$loO ,O oo C ounty F arm . 1904 l*»4*u0
B idders.
Price.
D. A. M oran & C o....................... 50,000
“
1904 103*81
L am p rech t B ro s.’ Co., C leveland........................................ ...............101*943 E . M orrison................................... 3 0 ,0 0 0 14th R e g t.A rm ’y 1903 103*53
It. L. D ay & Co., B o ston ...................................... ............ ................... 101*718 So. B rooklyn Savi’g’s I n s tit’n .
30,000
“
1904 103*75
B rew ster, Cobh & E stabrook, B o s to n .......................................... ..101*780
«
“
.
30,000
“
1905 103*75
Lee, H iggioson & Co., B o sto n .............................. .......................... ..101*651
“
m
“
.
30,000
k
1906 103*75
E . H. R ollins & Sons, B oston............................................. - .................101*650
o
“
“
30,000
“
1907 103*75
C ushm an, F ish er & Co.. B o s to n ............ .......................................... ..101*625 S tre et, W ykes & C o................... 50,000
“
1908 103*79
H ay es & Son, C leveland........................................................................101 642
There
were
in
all
ten
bids
received.
Interest
will
be pay­
T h ird N atio n al B ank, B oston................................................. - ........... 101-420
able semi-annually on May 1 and November 1. One hundred
B lak e B io s., B oston..............................................................
101*290
D ietz, D ennison & P rio r, C leveland................ ................................101*147 and fifty thousand dollars of the amount, known as “ County
B lodget, M e rritt & Co , B oston.......................................
100*784
Farm
Loan,” will be dated May 1, 1894, and mature May 1,Illin o is T ru st & S avings B ank, Chicago................ .......................... H 0*778
M ichigan T ru s t Com pany, G ian d R a p id s ............... .......................100*750 1904, and the remaining $200,000, known as “ Armory Bonds,”
will mature at the rate of $30,000 yearly from May 1, 1903, to
R aym ond M orrison, G ran d R a p id s......................................
100*701
S. A. K ean, < h io ag o ........................................ ...... ......... .....................100*500 1907 and $50,000 on May 1, 1908.
Quigley & T u ttle, N ew Y o rk ..................... . . . ............. ....................... 100*377
Laconia, N. H.—Bids will be received until July 30 by C.
J . F. G rady, G rand R apids..................................................... $10,000 a t p a r.
T hom as M cGuire, G ran d R a p id s ......................................... 1,000 a t p a r. A. Busiel, Mayor, for the purchase of $126,000 of 4 per cent

F ite d e p a r t m e n t ....... $93,787
88,175
P o lic e ......................
L a m p ................................ 5 5 ,9 °4
P o o r ............ '..................... 22,773

75
05
00
00

I S a l a r i e s ....___________$27,316 20
I G e n e ra l............................. 19,403 OO
I W ater-w orks in te r e s t.. 30,000 00
| City h a ll in te r e s t........... 7,500 00

But few changes were made on the provisional estimates
which were originally submitted.
Harvard, Neb.—(Chronicle , vol. 58, page 1046, and vol.
59, page 84.)—Proposals will be received until August 6 for the
purchase of water-works bonds to the amount of $7,500.
Hempstead, N. Y,—The people of Hempstead will vote on
August 6 on the question of expending $150,000 for macadam­
izing streets. Should the proposition carry bonds will prob­
ably be issued.
Highlands, Colo.—(Chronicle , vol. 58, page 1046.)—City
Clerk Carrie G. West reports to the Chronicle that the sale of
the $40,000 improvement bonds has been postponed until
August 7. The loan will be dated July 2, 1894, will bear
interest at the rate of 6 per cent, payable semi-annually on
January 1 and July 1, and will become due in fifteen years
with an option of call after ten years. Both principal and
interest will be payable at the office of the City Treasurer or
at the Park National Bank, New York City, at the option of
the purchaser.
•Hillsboro, Ohio.—Village Clerk, L. Ambrose, will receive
bids until August 15 for the purchase of water-works bonds
to the amount of $10,000.
Holyoke, Mass.—(C h r o n i c l e , vol. 58, pages 831,915,953.)—
On July 19(h $140,000 of 4 per cent gold bonds, dated July 1,
1894, and payable July 1, 1904, were sold to Messrs. E. H.
Rollins & Sons, of Boston, at 103 419. There were in all ten
bids received for the loan as follows :
B idders.
Price.
E . H . Rollins & S o n s ................................................ J ........................... 103*419
R. L. D ay & C e.........................................................................................103*167
L ee, H iggiuson & C o ......................
103*131
T he B aldw in B ros. Co.................................................................... .....1 0 3 * 0 9
G ay & StaDWOod.......................................... ............................................103*09
B lodget, M erritt & C o . . . . . . . ...................................................................103*145
B rew ster. Cobb & E stab ro o k .........................
..102*567
T h ird N ational B ank, B o sto n ......................................
102*775
N. W. H a rris & Co.................................................................
102*685
W alter N. L an so n ............................................................. ...................... 102 955

A corrected statement of Holyoke’s debt and general finan­
cial condition will be found on a following page.
Hudson County, N. J.—(Chronicle , vol. 59, pages 38 and
84.)—The official record of a recent meeting of the Board of
Chosen Freeholders of Hudson County, N, J., which has been
received this week shows that the $100,000 of 4)^ per cent
Lunatic Asylum Bonds offered on July 12 were awarded to
Messrs. E. H. Rollins & Sons, of Boston, and not to R. L. Day
& Co. as erroneously reported last week. The price paid for
the loan was 100*17 and accrued interest. The securities ma­
ture at the rate of $10,000 yearly from January 1 , 1911, to
January 1, 19a0. Interest will be payable semi-annually on
January 1 and July 1. The bonds are to be registered and
may be exchanged according to law.;




127

THE CHROJNICLE.

J uly 21, 1894.]

bid. Interest on the bonds will be payable in the United
Sandusky, Ohio.—(Chronicle, vol. 58, pages 652, 878,1084
States gold coin semi-annually, January and July, at the office and 1122.)—A list of the bids received on July 14 for $39,000
of the City Treasurer of Portland. Two hundred thousand of sewer renewal bonds is as follows:
A m o u n t B id.
dollars of these securities are to be delivered and paid for on F arso n , L each & Co., C h ic a g o ...............................1 . . . . ............. $39,485 00
August 15th and the remaining $300,000 on September 15th. L am precht Bros. Co , C lev e la n d .................................................. 39,617 00
S pitzer & Co., Toledo....... ...... ........................................................ 39,816 00
The successful bidder will be required to deposit within forty- S. A. K ean, C hicago............ ............................................................ 39,926 30
E.
C. Jones & Co., New Y o rk ......................................................... 39,526 50
eight hours after the award a certified check for five per cent M ason,
Lewis & Co.','Chicago.............. ............................ ............. 39,955 50
Z.
T.
Lew is. D a y t o n ................ ........ ............... ................................ 40,075 00
of the par value of the ajnount of bonds bid for.
D eitz, D ennison & P rio r, C leveland
............................... 40,267 00
A n advertisement elsewhere in this Department gives fu r ­ Seasongood & M ayer, C in c in n a ti...................................................
40,275 00
M e rritt & Co., B o sto n ............................................... .
40,394 64
ther particulars regarding the securities and stipulations in Blodget,
E. H. Rollins & C o.,B oston ............................ .............................. 40,395 81
W. J . H ayes & Sons, C le v e la n d __ : ............................................ 40,485 90
reference to their sale.
Racine, TVis.—(Chronicle, vol. 58, page 560.)—It is re­ R udolph Kley holte & Co., C in cin n ati........................................... 4 0 ,925 00
Interest at the rate of 5 per cent will be payable semi-annu­
ported that $50,000 of paving and improvement bonds have
ally, and both principal and interest will be payable at the
been sold.
Riverside, Ohio.—(Chronicle, vol. 58, page 651.)—Bids office of the City Treasurer. Two thousand five hundred
will be received until August 15 by G. H. Gaffey, Village dollars of the amount will become due July 15, 1897, $2,500
Clerk, for the purchase of $10,000 of street and sewer bonds. July 15, 1898, $7,000 July 15, 1899, $9,000 July 15, 1900, $6,500
July 15, 1901, $6,500 July 15, 1902, and $5,000 July 15, 1903.
The loan will bear interest at the rate of 5 per cent.
Bids will again be received until August 15 by A.W. Miller,
Saginaw, Mich.—Four and one-half per cent 20-year water City
Clerk, for the purchase of $83,000 of sewer and paving
bonds of Saginaw to the amouat of $10,000 have been sold to bonds.
loan will be dated Sept. 1, 1894, will bear inter­
Messrs. Gay & Stanwood, of Boston, for $10,890. A list of est at theThis
rate of 5 per cent, payable semi annually, and will
the bids received for the loan is as follows :
mature at the rate of $11,000 yearly from Sept. 1, 1896 to 1899,
and then at the rate of $6,500 yearly fromSept. 1, 1900to 1905.
N. W. H a rris & Co., C hicago......................................... V ........... fiM W 765 00
F a rso n . L each & Co., Chicago....................................... ............ 10,590 00
Principal and interest will be payable at the office of the City
L am p rech t Bros, r o ., C leveland................................................... 10,770 00 Treasurer.
10,827 50
C ushm an, F ish er & Co., B o sto n ......... .................................
The bonded debt of the city is at present $482,200; floating
Q uigley & T u ttle, New Y o i k ......... ........................1................... 10,172 00
T h ird N atio n al B ank, B o s to n ............ ................ ...................... 10,784 50 debt, $21,350; total debt, $503,550. The population, according
K. L. Day & Co., B oston.................................................................. 10,818 80 to local figures, is 20, 000.

B re w ste r, Cobh & B stahrook, B oston..........................................
W. J . H ay es & Sons, C le v e la n d ....................................................
B lodget, M erritt & Co., Boston................................................... .
M ason, Lewis & Co., Chicago.........................................................
S p itzer & Co., T o le d o .................................................................. .
B lak e Bros. & Co., Boston ............................ ............. ..............
H linois T ru st & Savings B ank, C hicago........... ................ .
S. A. K ean, Chicago.........................................................................
E d w ard C. Jo n e s <fc Co., New Y ork...............................................
C. H . W hite & Co.. New Y o r k ................................... ...................
D eitz, D ennison & 3rio r, C leveland ..........................................
Clay & S tanw ood, B o sto n ..................... ........................................

NEW LOANS.
PR O PO SALS

FO R

$ 5 0 0 ,0 0 0

1 0 ,8 13 00
10,790 00
10,808 40
10,453 OO
10,707 00
10,778 00
10,492 00
9,900 00
10,585 00
10,820 00
10,787 00
10,890 00

Sioux City, Iowa.—The people of Sioux City voted at a
recent election in favor of issuing $300,000 of bridge bonds.
South Bend, Ind.—(Chronicle, vol. 58, page 1048.)—It is
reported that this city has sold $20,000 of 5 per cent water
bonds.
South Wayrfe, Ind.—The people of this village have voted
in favor of issuing bonds.

NEW LOANS.

NEW LOANS.

State of Massachusetts

German-American
Investment Co.,

Gold 3 l-2 s, 1920 and 1924.

Detroit, Mich.
Water Bonds of Portland, City of
Gold 4s. Nov.. 1924.
Oregon.
City of St. Louis, Mo.

Of f ic e of t h e W a t e r Com m ittee o f t h e )
Cit y o f P o r t l a n d , Or e ., Ju ly 18,1894. t
Gold 4s, July, 1918.
Sealed proposals will be received a t th is office
u n til Monday, A ugust 6th, 1894, a t 3 P. M., fo r th e Prices and Particulars upon application.
w hole or any p art of two hundred th o u san d dollars
($200,000) of th e bonds of said city in denom ina­
tio n s of one th ousand dollars ($1,000) each, dated
J u ly 1st. 1893, payable th irty (30) years from date
and bearing in te re st a t th e ra te of five (5) per cent
p er annum , payable on th e first days of Jan u a ry and
40 Water Street, Boston, Mass.
Ju ly of each year. Principal and in te re st payable
i n U. S. gold coin a t th e office of th e T reasu rer of
«aid city, said bonds to be paid fo r and delivered
to th e purchaser on th e fifteen th day of A ugust,
1894, th e bidder to pay th e accrued In terest from
J u ly 1st, 1894, to d a te o f delivery in addition to th e
price bid; also fo r purchase of th e w hole or any
City of New York 3%s.
p a rt o f th re e hun d red th o u san d dollars ($300,000) of
City of Brooklyn 4s.
th e sam e series of bonds, to be paid fo r and deliver­
ed to th e purchaser on th e fifteen th day of Septem ­
City of Elmira« N. Y„ 4s.
ber, 1894, th e bidder to pay th e accrued in te re st from
City of Detroit, Mich., 4s.
J u ly 1st, 1894, to d ate of delivery in addition to th e
price bid. T hese bonds are issued u n d er au th o rity
City of Derby, Conn., 4s.
o f an A ct of th e Legislative A ssembly of Oregon,
City of Salt Lake, Utah, 5s.
passed F ebruary 10th, 1893. The proceeds to be
City of Tacoma, Wash., 5s.
used fo r th e construction of w ater w orks and will
be delivered w ith coupons a ttach ed fo r in te re st
City of Denver, Col., 4s.
from Ju ly 1st, 1894. T he successful bidder will be
Our circular mailed upon application.
req u ired to deposit w ithin forty-eight h ours a fte r
th e aw ard o f th e co n tract a n approved certified
check fo r five per cent o f th e p ar value of th e
a m o u n t of bonds bid for, payable a t P ortland, Ore­
gon, to th e order of th e Clerk o f th e W ater Com­
m ittee of th e City of P ortland, Oregon, as liquidated
2 WALL ST., N. Y.
dam ages in case th e bidder should tail or neglect to
ta k e and pay fo r th e bonds according to th e term s
of th e proposal and th e contract. The rig h t to
re je c t any or all bids is reserved. T he sealed en­
velopes containing proposals should be addressed
to th e undersigned and m arked “ Proposals fo r p u r­
chase of W ater B onds.”
By order of th e W ater Committee.
FRANK T. DODGE,
N O N -T A X A B L E
Clerk of th e W ater Committee.

R. L. Day & Co.,
July Investments.

Farson, Leach & Co.,

$ 100,000

C IT Y

OF

B U F F A LO

8 1-2% Registered Refunding Bonds,

$ 3 6 ,0 0 0
Dawson Co., Montana,
5% Bonds.

Due 810,000 annually from July 1,1895
to July 1 ,1 9 0 4 .
Price and Particulars upon Application.

Street, Wykes & Co.,
44 WALL STREET,

-

NEW YORK.

Bids will be received by th e Board of County
Com m issioners a t Glendive, D awson County, Mon­
$250,000
ta n a , until A ugust 14th, 1894, fo r th e purchase of
th irty-six bonds of th e denom ination of One T ho u s­
a n d D ollars ($1,0* 0), each bearing in te re st a t th e 6%Modesto Irrigation Dist. Gold Bonds
ra te of five per cent, payable, sem i-annually. Said
bonds will be payable tw en ty years from d ate of
Interest Payable Semi-Annually.
issue, or any tim e a fte r te n years, a t th e option of
th e county. Are issued fo r r.he purpose of re fu n d ­
P aid by th e power of tax atio n . F irst lie n on th e
ing outstanding indebtedness. In te re s t and prin­ land. For bank and o th er references apply to
cipal payable a t th e Chase N ational B ank of New
Y ork City.
ffW. E. HOLBROOK,
—¥ **
By order_of;the Board of County Com m iS^^nersJI
ALEX. S. G ILLESPIE, T re
er*
M it
60 Wall;St., New York".




52 WALL ST., NEW YORK.
(G round Floor, opposite Custom H ouse.)

Chicago Office t 607 Tacoma Building.

July Investments.
City Youngstown, Ohio.................5s and 6s.
City Toledo, Ohio............................ 5s.
City Omaha, Neb..................... ......... 5s.
City Portland, Ore.............................5s.
City Aurora, 111.......................... ......6s,
Asbury Park, N. J ................
5s.
Anderson, Ind......................................6s.
Skagit County, Wash.......................6s.
Iron County, W is................................6s.
Richfield Springs, N. Y...................4s.
Dunkirk, N. Y .................................... 4s.
Lansingbnrg, N. Y .............................4s.
And other Choice Municipal Bonds for In«
vestment by Savings Banks and Trustees.
Descriptive Circulars upon Application.

C I T Y BONDS
Netting from 4 Per Cent to 6 Per Cent.
W rite fo r description of choloe securities issued
by cities of good financial standing, w ith population
ranging from 20,000 to 150,000.

C. H. W H IT E & CO.,
B A N K E R S,
72 BRO ADW AY,

-

NEW YORK

W. j . Hayes & Sons,^
BAN K ER S,
Dealers in M U N IC IP A L B O N D S .
S treet Railway Bonds a nd o th e r high g rade in ­
vestm ents.

311-313

Superior

1 Exchange F l a c r , ^ ^

4042 W all

S t,

N6W York,

Cable Address. ••KENNETH.”

128

THE CHRONICLE.

Stark Co., 0.—(C h r o n i c l e , vol. 58. page 1122.)—On July
12th $100,000 of Starts: County Court House bonds were sold
to the First National Bank, of Niles, Ohio, theirs being the
highest of twenty-one bids. The loan will be dated July 12,
1894, and will become due at the rate of $10,000 yearly from
July 12, 1904, to July 12, 1913. Interest at the rate of 5 per
cent will be payable semi-annually, both principal and inter­
est to be payable at the County Treasurer’s office.
West Chester, P a.—(C h r o n i c l e , vol. 59, page 39)—Bor­
ough Treasurer William S . Underwood writes the C h r o n i c l e
that no bonds will be issued at present by the borough of West
Chester. We reported two weeks ago that public improve­
ment bonds to the amount of $30,000 had recently been
authorized.

[V ol.

LIX

STATE AND CITY DEBT CHANGES.
We subjoin reports as to municipal debts received since the
last publication of our S t a t e a n d C i t y S u p p l e m e n t «
Some of these reports are wholly new and others cover items
of information additional to those given in the S u p p l e m e n t >
and of interest to investors.
G rant County, Kas.—(S t a t e a n d C i t y S u p p l e m e n t , page
128.)—A special report from C. A. Maxwell, County Treasurer,
gives the following statistics concerning the county’s finances
on May 21, 1894. It will be noticed that the figures of valua­
tion for 1893 are much lower than those for 1892 and 1891.
In reference to this matter the Treasurer writes: “ In my
op'nion the valuation of land in 1892 and 1891 was too high,
as land in this county, as everywhere else, has decreased in
value during the’last five years.”
County seat is Ulysses.

W illim antic, Conn.—(C h r o n i c l e , vol. 59, page 85.)—We
have received this week a letter from City Treasurer Hubert
A. Sanderson correcting the report that Wil imantic would
issue sewer bonds. The city, he says, can issue no bonds until
authority is procured by an act of the next Legislature, Ja n u ­
ary, 1895.
LO A N SWhen Due. T ax v alu atio n , p e r s o n a l...$26,239
n d in g —
T otal v alu a tio n 1893......... 788,006W inton Place, Ohio.—(C h r o n i c l e , vol. 58, page 1123 and 6s,F uJ&
J,
$40,000..........J
u
1 ,1 9 1 9
A ssessm ent is % a c tu a l value.
vol. 59, page 85 )—Five bids were received on July 16 for the 6s, J& J, 20,000........ Ja ly
n . 1 ,1 9 2 0 T otal t a x (uer $1,000)....... 2 0'00
$1,944 56 of street improvement bonds, and the loan was 6s, J& J ,
7,600.S ept. 1 ,1 9 2 0
T otal v a lu a tio n 1892...$1,117,320A ssessm ent is *2 a c tu a l v alue.
awarded to Seasongood & Mayer for $2,014 81. The bonds 6s, J& J, 11,000........M ay 1 ,1 9 2 1
d eb t M ay 2 1 ,1894.$78,600 T o ta l v a lu a tio n 1 8 9 1 ...$ 1 ,0 2 9 ,1 8 7
are dated July 16, 1894, and will become due part yearly Bonded
F lo atin g d eb t........................ 20,< >00 P o p u latio n 1890 w a s...............1,308
in from one to 10 years. Interest will be payable annually at T o ta l d eb t M ay 2 1 ,1 8 9 4 .. 98,600 P o p u latio n 1880 w a s...............
9*
the rate of 6 per cent, both principal and interest being T a x v alu atio n , r e a l............. 761,767 County h a s no siuking fun d .
payable at the office of the Village Treasurer.
IN T EREST on th e b o nds due in 1919 is p a y ab le a t th e K a n sa s F is c a l
Yonkers, N. Y.—(C h r o n i c l e vol. 58, pages 694,746 and 957.) A gency; o n a ll o th e rs a t New Y ork.
P erry County, Ind.—(S t a t e a n d C i t y S u p p l e m e n t , page
—Bids will be received until July 23 by William F. Nesbit,
Chairman of the Finance Committee, for the purchase of 90.)—A report received from M. A.;Eberhard, Treasurer, gives
$57,000 of 4 per cent registered bonds of the city of Yonkers the following data concerning the county’s finances.
issued to the Board of Education. Interest will be payable
County seat is Cannelton.
semi-annually on April 1 and October 1, $2,000 of the amount
maturing April 1, 1925, and the remainder at the rate of T o ta l d eb t J u n e 1 ,1 8 9 4 .. $96,525 T o ta l v alu atio n 1 8 9 4 .. .$3,484,820
S
io
k in g fu n d ...................
26,000
A ssessm ent is 3 5 a c tu a l value.
$5,000 yearly from April 1, 1925, and the remainder at the N e td
b t J u n e 1 ,1 8 9 4 ...
70,525 A ver, ta x (per $1,000) 1 8 9 3 .$ 1 8 T 5
rate of $5,000 yearly from April 1, 1926, to April 1, 1936. The T ax vealu
atio n , re a l........ 2,284,145 P o p u la tio n i n 1890 w a s ___1 8,240
T a x v a lu a tio n , p erso n ’l.$ l,2 0 0 ,6 7 5 P o p u la tio n in 1894 (e st.)...2 1 ,3 7 5
bonds will be dated and delivered August 1, 1894.

N EW LOANS.
MUNICIPAL

BONDS

N EW LOANS.

M ISCELLA N EO US.

Rudolph Kleybolte & Co.,

NOW READY.

Investment Bankers,

HAND-BOOK

30 West Third Street,

FOK INVESTMENT.

OF

Cincinnati, Ohl«.

Choice investment Bonds of Cities,
Counties and School Districts.

PARTICULARS tPON APPLICATION.

Railroad Securities.
DESCRIPTION,
INCOME,
PRICES,
DIVIDENDS».

LISTS M A ILED UPON APPLICATION.

MKMBTCRS OF THE NEW YORK AND BOSTOI*
STOCK nXCHANGES.
DEALERS IN COMMERCIAL PAPER.

Blake Brothers & Co.,
»8 STATE STREET, BOSTON.
5 NASSAU ST., NEW YORK.

Edward Morton & Co.,
53 Broadway, New York.

(Issued Semi-Annually by th e Publishers of the.

S p e c ia ltie s:
M UNICIPAL,
STR EET R A IL W A Y BOND?
and
BANK STOCKS.

JU LY, 1894.

MORTGAGE LOANS
IN

TEXAS.
7 Per Cent and 8 Per Cent Net.
NO COMMISSIONS charged borrower or lender
until loans have proven good.

W. N . Coler & Co.,

FRANCIS SMITH & CO.,
SAN ANTONIO, TEXAS.

BANKERS.

M UNICIPAL BONDS.
34 NASSAU STREET.

Geo. M. Huston & Co.
BOND

AND

STOCK

Chronicle Numbers Wanted.
Jan. 3 and March 7, 1885» April 3,1886;
Feb. 25, March 17, April 7, 14, May 12,
Jane 30, 1888» Oct. 1», 1889» Dec. 27,
1890; Jan. 17, 1891; Dec. 10, 1892» also
Supplements March, 1892, and Jan., 1893.
Fifteen cents a copy will be paid for any
of the above.
WM. B. DANA & CO.,
7614 Pine Street,
NEW YORK.

DEALERS

We buy and sell outright all Western
Municipal Bonds and Stocks. We
cheerfully furnish full and reliable in­
formation concerning any WeBtem se­
curity without charge. Monthly quo­
tation circular mailed to all applicants.
New issues of municipal bonds wanted.

Given & Sicard,

Mechanical and Civil Engineers.
General Engineering. Drawings. Patents. Specifica­
tions. Engine Tests. Plans and Reports,
Supervision of Construction.
805 PINK ST R E E T , ST. LOUIS, EOS 925 CHESTNUT ST., PHILADELPHIA.




FOR A SERIES OF YEARS.

Co m m e r c ia l a F in a n c ia l c h r o n ic l e .)

CONTENTS.
A D escrip tion o f R R . s to c k s and?
B o n d s a n d a St a t e m e n t o f t h e I n c o m e
fo r fo u r y e a rs p a s t, as w ell a s th e an im al
charges a g a in st incom e.
M onthly H igh est an d L o w est P r ic e s
o f R ailroad B onds and Stocks in N e w
Yo r k , B oston , P h il a d e l ph ia and B a l t i
m ore fo r th e y e a r 1893 an d to J u ly 1 ,1 8 9 4 .
T en-Y ear R an ge in P riee s o f A etive
Stocks—B eing d a te of hig h est a n d lo w e st
priees m ad e in each y e a r from 1885 to 1893
inclusive a n d to Ju ly 1 ,1 8 9 4 .
D ividends o n R a ilro a d Stocks p aid d u r­
in g each of th e y e a rs 1888 to 1893 in c lu siv e ,
a n d to J u ly 1 ,1 8 9 4 .
Gross a n d Net Warnings to la te s t d a te s in
1894, in com parison w ith th e corresp o n d in g
periods of 1893.

Price in Buff Leather Covers,
$1 00.
To Subscribers of the Chroniele,
75.
WOT. R . DANA COMPANY,
7 6 ^ i P in e Street,

-

NEW YORK*

THE CHRONICLE.

J u l y 21, 1894.]

129

1879, th e city receiv in g a dividend of 5 p e r c e n t th e re fro m in 1893 an d
$6,795 in 1890.
ASSESSED VALUATION —T he city’s assessed v a lu a tio n an d ta x
r a te h av e b een as follow s, r e a l e s ta te being ta k e n “ a t ab o u t 60 p e r
ce n t cash v alu e.”
,------------------Assessed V aluation.------------------R a te o f Tax
Tears—
R eal
P ersonal
Total
p e r $ 1,000.
$6,617,105
$25,649, 55 $15-80
1 8 9 3 ..
. ...... $19,032,550
1 8 9 2 ..
. . ... 18,231,520
6,241,765
24,473,285
17-50
5,158,955
22,073,825
18-00
1890.................. 16,914,870
1886..........................................
.............
16,874,635
18-20
LOANS—
,— Interest.— ,
.------------ P rincipal.------------ , 18 8 2 ........................................ ...
1
13,374,005
15-40
NAME OR PURPOSE.
Rate. P ayable.
W hen Due.
Outstanding.
T he to ta l t a x r a te fo r 1893 in clu d ed c ity an d school ta x , $14-46;
B rid g e bonds, 1891............. 4g M & 8
Sept. 1, 1911
$85,000
“
............. 4
........
J u ly 1, 1914
105,000 co u n ty ta x , $0"74, a n d S ta te ta x , $0-60.
C ity b o n d s.............................. 6 A & O Oct. 1, 1899
271,000
POPU LATION—I n 1890 p o p u latio n w as 35,528; in 1880 i t w as 21,“
4=
M &8
Sept. 1,1898 125,000
9 1 5 ; in 1870 i t w as 10,733; in 1893 (according to lo cal figures) i t w as
“
4
J &J
J u ly 1,1904 140,000
Sew er b o n d s ........................... 4 M & N M ay 1, 1913
50,000 40,865.
“
4
A &O
Oct. 1,1913 100,000
250,000
W ater lo a n .............................. 6 J & J J u ly 1, 1900
Mattoon, 111.—(State and City Supplement, page 95.)—
H olyoke & W estfield R R . 4
J & J J u ly 1, 1913
60,000
do
do
4
A & O
Oct. 1, 1910
166,000 John F. Scott, Mayor. T. M. Lytle, Treasurer. The follow­
C ity n o te s.............................. V ar. V arious
V arious
276,000
ing statement of the finances of the city of Mattoon has been
INTEREST on th e w a te r bonds is p ay ab le a t th e C ity T re a su ry ; on
corrected by means of a special report to the Chronicle,
a ll o th e r bonds a t th e H ide & L e a th e r N a tio n al B an k , B oston.
This city is in Coles County.
T O T A L DEBT, SINKING FUND, ETC .—T he subjoined sta te m e n t
LOANS—
W hen Due. T ax v a lu a tio n 1 8 9 3 ........$865,^OO
show s H olyoke’s to ta l m un icip al d e b t a n d th e sinking fu n d held b y th e
F u n d in g B o n d s A ssessm ent is T623% a c tu a l value.
c ity a g a in s t th e sam e on J u ly 1 ,1 8 9 4 , a n d o n th e first of J a n u a ry , 68, M ar., $ 2 5 ,0 0 0 ....M a r. 2 2 ,1 8 9 5 T otal ta x (per $1.00 >)......... $52 30
6s, M a r , 1 5 ,0 0 0 .... Mar. 2 2 ,1 9 0 0 P opulation in 1~99 w as__ 6.837
1 8 9 4 ,1 8 9 3 a n d 1891,
..5 ,7 3 g
J u ly 1 , ’94. J a n . 1, ’94. J a n . 1, ’93. J a n . 1, ’91. 4*«s. M ay ,25,000 ...M a y 3 ,1 9 1 0 P opulation in 1880 w a s
T otal d e b t M ay 2 0 , 1 8 J4 ..$ 6 5 ,o 0 0 P o p u la tio n in 1894 ( e s t.)....8 ,5 0 0
T o ta l d e b t.................... $1,488,000 $1,491,500 $1,282,500 $1,068,000
426,221
426,219
370,593
257,472
S in k in g fu n d s..............

Holyoke, Mass.—(Chronicle, vol. 58, pages 831, 915 and
953.)—M. H. Whitcomb, Mayor. The figures of total debt,
etc., as given in the following statement, have been corrected
to July 1, 1894, by means of a report received from Pierre
Bonvouloir, City Treasurer. Since that date city bonds to the
amount of $140,000, as recorded in the bond table, have been
sold.
This city is in Hampden County.

N et d e b to n Ja n . 1.$1,061,779 $1,065,281
$911,907
$810,528
W ater debt,incl. above $250,000
$250,000
$250,000
$250,000
Of th e s in k in g fu n d as above given fo r J u ly 1 ,1 8 9 4 , $235,148 w as
fo r o rd in a ry city bonds, th e b alan ce, $191,073, b ein g fo r w a te r debt.
“ T he w a te r b o n ds a re n o t re a lly a c ity d eb t, a s th e in te re st, sin k in g
fu n d a p p ro p ria tio n a n d r u n n in g expenses of th e w ater-w o rk s a re p a id
fro m th e earn in g s.” T he receip ts in 1893 w ere $93,166 92.
CITY PROPERTY—T he city h a s, besides th e sinking fu n d above
described, $226,500 H olyoke & W estfield R R . stock. T his ra ilro a d is
leased to th e N ew H av en & N o rth am p to n a n d h a s p a id dividends since

Walla Walla, Wash.—John L. Roberts, M ayor; Henry
Kelling, City Clerk. A report to the Chronicle gives the
financial condition of Walla Walla on July 1,1894, as follows :
Walla Walla is in Walla Walla County.
LOANS—

T a x v alu atio n , re a l....... $2,241,485
T a x v alu atio n , p ers’n ’l . 1,161,041
6s, J& J , $ 40,000.........J a n . 1 ,1 9 1 2 T o ta l v a lu a tio n 1 8 9 4 ... 3,402,526
A ssessm ent is 35 a c tu a l value.
B onded d e b t Ju ly 1 ,1 8 9 4 .$ 4 0 ,0 0 0
F lo atin g d e b t..............— . 38,529 P o p u la tio n in 1890 w a s......... 4,709
T otal d eb t J u ly 1 ,1 8 9 4 .... 78,529 P o p u latio n 1894 (estim ated ).8,085
INTEREST is p a y ab le a t th e C hem ical N atio n al B ank, N. Y. City.
F u n d in g B o n d s —

CH ICAG O.

CH ICAG O .

Title Guarantee & Trust
Company

Jamieson & Co.,

OF

CHICAGO,

99, »4 A 96 WASHINGTON STREET.
Capital, paid-up................ ......... $1,690,000
Undivided earning«» Including
surplus.............................................
939,000
Deposited with State Auditor. .
900,000

STO CK S—B O N D S,
«embers New York and Chicago Stock Exchanges'
187 DEA RBO RN STREET,
Chicago. Ills.

W hen Due.

M ISCELLA N EO US.
1850.

1894.

The United States Life
Insurance Co.
IN T H E CITY OF NEW YO RK .

OFFICERS.
GEORGE H. BURFORD, President.
0. P. FRALEIGH.......... ..........................Secretary
A. WHEELWRIGHT.................Assistant Secretary1
GUARANTEES TITLES TO REAL ESTATE.
WM. T. STANDHN..............
Actuary
MAKES ABSTRACTS OF TITLE.
MORTGAGE BANKERS,
ARTHUR C. PERRY.......................................Cashier
Oiler« Investor« in real estate securities 195 LA SALLE ST R E E T , CHICAGO. 10HN P. MUNN............................. .Medical Director*
protection afforded by ne other system of
FINANCE COMMITTEE.
First Mortgages for sale In large and small amounts
doing business.
investors 5, 5^ and 8 per cent, secured by GEO. G. WILLIAMS.......... ..Pres. Chem. Nat, Bank
Is authorized by law to set as Registrar of Stookt netting
improved and Income-bearing Chicago city property. JOHN J. TUCKER.......... .........
Builder
and Bonds, Executor, Receiver and Trustee for
Principal and Interest payable In Gold.
B. H. PERKINS, J r ., Pres. Imp. A Traders’Nat. B’k
Estates, Syndicates, Individuals and Corporations.
The
two
most
popular
plans
of
LIFE
INSURANCE
CORRESPONDENCE SOLICITED.
Trust moneys and trust securities kept separate
are the CONTINUABLE TERM POLICY whioh
gives tv the Insured the greatest possible amount of
from the assets of the Company.
Indemnity In the event of death, at the lowestpossU
6% and 7% Gold Mortwan-es.
CORRESPONDENCE SOLICITED.
ble present cash outlay; and the GUARANTEED
POLICY whioh embraces every valuable
Interest Allowed from Date of Receipt of Money INCOME
feature of Investment Insurance, and whioh in tne
OFFICERS:
event
of adversity overtaking the Insured maybe
E. S. D R EYER & CO .,
GWYNN GARNETT, President.
used as COLLATERAL SECURITY FOR A LOAN,
CHICAGO, ILL to
A. H. SELLERS, Vice-President Mortgage Bankers, the extent of the full legal reserve value thereof*
First Mortgage Loans on Improved Productive
In accordance with the terms and conditions of these
ARCHIBALD A. STEWART, Secretary.
Real Estate Centrally Located.
policies.
CHAS. R. LARRABEB, Treasurer.
Good Agents desiring to represent the Company
SOY e a r s Bu s in e s s W it h o u t L oss to I n v e st o r s . are
FRANK H. SELLERS, Trust Officer.
Invited to address the President at Home Office
Address all communications to Eastern Office
DIRECTORS:
Gwynn Garnett
Chao. W. Drew,
Astor Building, 9 Pine Street, New York
W. D. Kerfoot,
John P. Wilson,
Horace G. Chase,
Bdson Keith,
John G. Shortall,
Geo. M. Bogus,
D A k i n C YIELDING AN INCOME OF
John DeKoven,
A. H. Sellers.
d U N U O
4% TO 6%
Samuel B. Chase,
Office
Filing V
COUNSEL:
CITY, MASON, LEW IS * C O ., Bankers
Desks j
Cabinets
W. O. Goudy,
John P. Wilson ■ COUNTY
171 LA SALLE STREET,
A. w . Green
A. M. Pence.
SCHOOL SEND FOR LISTS.
CHICAGO.
F ix tu re s and Special W ork to o rder
Private wire to New York and Philadelphia.

Loeb

&

Gatzert,

I^Busi ness *#FuVniUu*e.#*2

A. G. Becker & Co.,

The Mutual Benefit

(INCORPORATED)
SUCCKSSORS TO

L I F E IN S U R A N C E CO., N E W A R K , N . J

HERMAN

SCHAFFNER

& CO.,

AMZI DODD, P resident.

154 La Salle Street, - Chicago, 111.

A ssets (M arket V alues) Jan. 1,1894.......... 153,346,092
Liabilities (N. V. and Mass. S ta n d a rd ).... 49,742,302
Surplus............................................................... 8,603,790
Surplus, by form er N. Y. Standard, (Am.
Ex. 4J6 per cen t R eserve).......................... 6,385,707

A . O. SLAUGHTER, M ember N. Y. Stock E xchange
WM. Y. BAKER, M ember Chicago Stock E xchange

POLICIES ABSOLUTELY NON-FORFEITABLE AFTER
SECOND TEAR.

A. O. Slaughter & Co.,

In Case o f Lapse th e Policy Is c o n tin u ed i n fo r c e
as long as Its value will pay fo r; or if preferred, a
Paid-up policy fo r its full value Is issued in exchange.
A fte r th e second year Policies are in c o n t est ­
a b l e , and all restrictions as to residence, travel or
occupation are removed.
Ca s h l o a n s are m ade to th e e x te n t of 50 per cent
o f th e reserve value, w here valid assignm ents of
th e policies can be m ade as collateral security.
L osses paid im m ediately upon com pletion and
approval o f proofs.

C O M M E R C IA L PAPER ,

B A N K E R S,
1 1 5 -1 1 7 LA SA LL E STR E ET,

CH ICAG O , IL L S .
Chicago Securities Bought and Sold.




THE GLOBE C O . , Ä Ä ,
8ECURE

¿5

BAN K VAU LTS.

G E N U IN E

WELDED CHROME STEEL AND IRON
a Round and Flat Bars and 5-ply Plates and Augi«>
FOR SAFES, VAULTS, Ac.
Cannot be Sawed Cut, or Drilled, and positively
Burglar-Proof.
c b r o ju e s t e e l w o r k s ,
Sole Manners inthe.U. S. BROOKLYN, N,

)30

rvoL. Lix,

THE CHRONLCLE,
%xnst (ZompunUs.

Union Trust Company United States Trust Co.
OF NEW YORK.

80 Broadway, New York.
CAPITAL
SU RPLUS ■

- - - - $ 1 , 0 0 0 ,0 0 0
— - - $ 4 ,7 0 0 ,0 0 0

A uthorized to a c t as Executor, A dm inistrator,
Guardian, R eceiver o r T rustee, and is
A LEG A L DEPOSITORY FOR MONEY.
A cts as T ru stee of m ortgages o f corporations, and
accepts th e tra n s fe r agency and registry of stocks.
Allows in te re st on deposits, which m ay be m ade a t
any tim e, and w ithdraw n on five days’ notice, w ith
in te re s t fo r th e w hole tim e th e y rem ain w ith th e
company.
F o r th e convenience o f depositors th is company
also opens c u rre n t accounts subject, in accordance
w ith its rules, to check a t sight, and allows in te re st
upon th e resu ltin g daUy balances. Such checks pass
th ro u g h th e Clearing H ouse.
A tten d s specially to th e MANAGEMENT OF
R EA L ESTA TE and to th e collection and re m it­
tan ce of rents.
I t m akes ample provision in its
NEW BURGLAR AND F IR E PROOF VAULTS
fo r th e safe keeping o f securities placed in its cus­
tody, on w hich it collects an d rem its income.
TRUSTEES:
H . V an R ennsl’r Kennedy,
W m. W hitew right,
Jam es H . Ogilvie,
R. T. Wilson,
Jam es T. Woodward,
W in. F. Russell,
C. V anderbilt,
C. Dt W ood,
G. G. Williams,
D. C. Hays,
R. G. Rem sen,
W m. Alex. Duer,
A m asa J . Park er,
Charles H . Leland,
Samuel F. Barger,
Edw ard King,
R obert Goelet,
E. B. Wesley,
W
. Em len Roosevelt,
D. H . McAlpin,
Chauncy M. Depew.
George B. C arhart
EXECUTIVE COMMITTEE: •
W m. W hitew right,
E. B. Wesley,
D. C. H ays,
C. D. W ood,
W m. A. D uer,
Jam es T. W oodward,
G. G. W illiam s
W . Em len Roosevelt.
EDW ARD KING, P resid en t.
CORNELIUS D. W OOD,) -Vice-Presidents
J AMES H . OGILVIE, J Vlce rTeslQents‘
AUGUSTUS W . KELLEY, Secretary.
J . V. B. TH A Y ER , A ssistan t Secretary.

ManhattanTrustCompany.
CAPITAL.................................$1,000,000.
CORNER OF WALL & NASSAU STREETS.

A Legal Depository for Conrt and Trust
Funds aud General Deposits.
Liberal Rates of Interest paid on Balances.
John I. Waterbury, President.
Jo h n Kean, Jr. .Vice-Pres. Amos T. French, 2dV-Pres.
Chas. H. Sm ith, Sec’y. W.Pierson Hamilton,Treas.
Directors 1894:
August Belmont,
John K ean, Jr.,
H . W. Cannon,
Jo h n H ow ard L atham .
R. J . Cross,
Jo h n G. Moore,
R udulph Ellis,
E. D. Randolph,
John R. Ford,
Jam es O. Sheldon,
Amos T. French,
E dw ard Tuck,
Jo h n N. A .Grisw old.
Jo h n I. W aterbury.
H . L. Higginson.
R . T. Wilson.

Mississippi Valley Trust
Company,
80S N. 4th Street, St. Louis, Mo.
Capital and Surplus................... $3,000,000
UND ER STA TE SUPERVISION.

300,000 deposited with State Officer tOi
protect trust liabilities.
A G EN ERA L TRU ST COMPANY BUSINESS.
Allows In te re s t on D eposits.
A uthorized to a c t as Executor, G uardian, Receiver,
T ru stee, &c. M anages E states. Collects R ents.
Becomes Surety on all kinds o f C ourt Bonds.
H as Safety D eposit V aults; a Savings D epartm ent.
INVESTM ENT SECURITIES A SPECIALTY.
DIRECTORS.
Charles Clark,
Geo. H . Goddard,
Thos. T. T urner, Jo h n D. P e rry Jam es Campbell,
Wm . F . N olker, J.T .D rum m ond, A u g u st Gehner,
P. O’Reilly, M.D., 8. B. Hoffman, Ju liu s 8, W alsh,
oam .M .K ennard, D. W. C aruth, W illiam son Bacon
Aug. B. Ewing, Thos. E. T u tt, B reckinridge Jo n es
E lm er B. A dam s, David R .Francis, H en ry H itchcock
OFFICERS.
J u l iu s 8. W a l s h , P resid en t.
Da v id R. F r a n c is , 1st V ice-President.
Br e c k in r id g e J o n e s , 2d Vlce-Pres’t.
D e L a c y Ch a n d l e r Secretary

St. Louis Trust Co.,
CORNER 4th AND LOCUST STREETS,

[St. Louis, l o .
Capital and Surplus,
.
DIRECTORS:

$3,006,00

Jo h n T. Davis,
A lvah M ansur,
D aniel Catlin,
Edw ard S. Rowse.
Sam ’l W. Fordyce,
Jn o . A. Scudder,
A dolphus Busch,
Edw ard C. Simmons,
H en ry C. H a arstick ,;
Edw in O. Stanaro,
W m. L. H use,
J . C. V an Blarcom,
Chas. D. McLure,
Edw ards W hitaker.
THOS. H . W EST, P resident.
J OHN D. FIL L E T . Secretary.
A . C. STEW ART, Counsel.
E xecutes T ru sts o f every description' A cts as
Regis ta r T ran sfer A gent, etc.




45 and 47 Wall Street.
CAPITAL AND SURPLUS,

TE N

MILLION

D O LLAR S.

This company is a legal depository fo r m oneys
paid Into court, and Is authorized to a ct as guardian,
tru s te e or executor.

INTEREST ALLOWED ON DEPOSITS
which m ay he m ade a t any tim e and w ithdraw n a fte r
five days’ notice, and will be entitled to in te re st fo r
th e whole tim e th e y m ay rem ain w ith th e company,
Executors, A dm inistrators or T rustees of E states,
Religious and B enevolent In stitu tio n s a nd indi­
viduals w ill find th is Company a convenient de­
pository fo r m oney.

JOHN A. STEWART, President.

GEORGE BLISS, V ice-President.
JAM ES S. CLARK .Second V ioe-Pres’t.

HENRY L. THORNBLL, Secretary.

LOUIS G. HAM PTON, A ssistant S ecretary.
Daniel D. Lord,
Samuel Sloan,
D. W illis Jam es,
Jo h n A . Stew art,
Jno. H . R hoades,
A nson P . Stokes,
Chas. 8. Smith,

TRU STE JUS:

George Bliss,
W m. Lib bey,
John C. Brown,
Edw ard Cooper,
W . B ’y’d Cutt'ncr,
W m .Rockefeller,
Alex. iff rtrt,
Jo h n Claflin,

W m .H . Macy, J r„
W m. D. Sloane,
G. H . Schwab,
F ran k Lym an,
Geo. F . Vietor,
W. W ald. A stor,
Jam es Stillm an.

AM ERICAN L O A N
AND

TRUST

CO M PANY,

B O ST O N , H A SS.
CAPITAL,
$ 1 ,0 0 0 ,0 0 0
SURPLUS,
500,000
A legal depository of moneys paid into Court
and for Administrators, Exeoutors, Guardian* ant
Trustees
INTEREST ALLOWED ON DEPOSITS.
Trustees under Mortgages, Transfer Agents a c t
Registrars of Stock.
BOARD OF DIRECTORS.
John Q. Adams,
David P. Kimball,
Oliver Ames,
George C. Lord,
Edwin F. Atkin*,
8. B. Peabody,
Isaac T. Burr,
Albert A. Pope.
Samuel Carr,
Alexander H. Rio*
Benjamin P. Cheney,
N. W. Rice,
F. Gordon Dexter,
R. B. Robbins,
Henry D. Hyde,
W. B. Thomas.
8. BNDICOTT PEABODY, President.
N. W. JORDAN, Actuary.
B. A . COFFIN, Treasurer.

OLD COLONY
New York Guaranty & T R U ST COM PANY.
B O ST O N , H A SS.
Indemnity Co.,
S9TO 63 CEDAR STREET, N . Y.
Mutual Life Building.

CAPITAL, - - $2,000,000
SURPLUS, - - $1,000,000
In ad dition to its special c h a r te r privileges, this
Company possesses a ll th e pow ers of T ru st Compa­
nies u n d e r th e New Y ork B anking Law s; acts a s
Trustee f o r Corporations, firms, a n d individuals, a s
E x ecu tor o r A dm inistrator o f estates, a n d Is a legal
depository of tru s t funds.
INTEREST ALLOWED ON DEPOSITS,
WALTER G. OAKMAN, P resident.
ADRIAN 1SELIN, J r., Vice-President.
GEORGE R. TURNBULL. 2d Vice-President.
HENRY A. MURRAY, Treas. a n d Sec.
J . NELSON BORLAND, Assist. Treas. a n d Sect
DIRECTORS.
Sam uel D. Babcock,
A ugustas D. JuUUaid.
George F. B aker,
Jam es N. J a rv ie.
F rederic Cromwell,
Richard A McCurdy,
W alter R. G illette,
W alter G. Oakman,
R o b ert Goelet,
A lexander E. O rr,
George G risw old H aven, H enry H. Rogers,
O liver H arrim an,
H enry W . Smith,
R. Somers Hayes.
H . McK. Twombly.
C harles R. H enderson,
F rederick W . VanderWM.
Adrian iselin. J r.,
W illiam C. W hitney,
J . Hood W right.
^

ttnM plates
f lrtp g e ö |m n p it2 ,
59 CEDAR ST„ NEW YORK.
CAPITAL - $3,000,000
SURPLUS 600,000
Transacts a General Trust Business.
Allows interest on Deposits.
Loans money on Bond and Mortgage.
Issues First Mortgage Trust Gold Bonds.
Takes entire charge of Real Estate.
Acts as Trustee, Registrar, Transfer Agt.
Pays Coupons. Executes a ll Trusts.
George W. Young, P resident.
L uther Kountze, V.Pres. Jam es Tim pson,2d V .Pre*
A rth u r Turnbull, Treas. W illiam P. Elliott, See.
C lark Williams, Ass’t Sec’y & Treas.
EXECUTIVE COMMITTEE.
Charles D. Dickey, J r.
G ustav E. Kissel,
Theodore A. Havemeyer,
L uther Kountze,
Charles R, H enderson,
Jam es Timpson,
Richard A. McCurdy.
DIRECTORS.
Sam uel D. Babcock,
W illiam Babcock, S. Frisco, Charlton T. Lewis,
Charles D. Dickey, Jr.,
Lewis May,
W iUiam P. Dixon,
Theodore Morford,
R obert A. Grannies,
R ichard A. McCurdy,
Theo. A. H avem eyer,
R obert Olyphan*
C harles R. Henderson,
Edw in Packard,
Jam es J . Hill, St. Paul,
W illiam W . R ichard*
G ardiner G. Hubbard.
Jas. W Seym our, J r„
G ustav E. Kissel,
Jam es Timpson.
L u th er K ountze,
George W. Young.

The American Debenture Go.,

C apital,
$ 1 ,0 0 0 ,0 0 0 00
S u rp lus,
.
.
.
5 0 0 ,0 0 0 00
Transacts a General Banking Business.
ALLOWS INTEREST ON DAILY BALANCES SUBJECT
TO CHECK.
TRUSTEE UNDER MORTGAGES. TRANSFER AGENT
REGISTRAR.

BOARD OF DIRECTORS.
T. Jefihrson Coolidge, Jr., President.
Oliver Ames, 2d,
0. W. Amory..
Martin Brimmer,
T. Jefferson Coolidge.
Chas. E. Cotting,
George F. Fabyan,
George P. Gardner,
Francis L. Higginson,
Henry S. Howe,
Walter Hunnewell,
William P. Mason,
George v. L. Meyer,
Laurence Minot,
Richard Olney,
Henry R. Reed,
Nathaniel Thiayer.
Stephen M. Weld,
Henry C. Weston.
T. J e f f e r s o n Co o l id g e , J r ., President.
G eo . P. Ga r d n e r , Go r d o n A bbott , Vice-Pres’ts.
C. S, T u o k e r m a n , Vice-Pres, and Treas.
B. A . P h ip p e n , Secretary and Ass’t Treas.
J o s e p h G. St e a r n s Ass’t Secretary

New York Security &
Trust Co.,
46 WALL STREET, NEW YORK.
Capital, $1,000,006 I Surplus, $1,060,000
CHARLES S. FA IR C H ILD , P resid e n t.'
WM. L. STRONG, 1st Vice-Pres.
JO H N L. LAMSON, 2dViee-Pre*.
ABRAM M. H Y A TT, Secretary.
ZE LA H VAN LOAN, A sst. Secretary.
A uthorized to a c t as executor, tru ste e , ad m in istra­
tor, guardian, a g en t and receiver.
Receives deposits subject to sight drafts, allowing
interest. A legal depositary fo r co u rt a nd tr u s t fu n d s ’
A designated depositary fo r th e reserve of S ta tr
banks. A ccounts of banks a nd bankers solicited
special ra te s of in te re st allowed.
TRUSTEES.
C. S. Fairchild,
Edw ard Uhl
Jam es A . Blair.
W . H . Appleton, M. C. D. Borden, J.G. McCuiloug*
W m. L. Strong, B. Aymar Sands, H . Hoaglaud,
W. F. Buckley, Jam es J . Hill,
J . W . Sterling,
H . W alter Webb,
S. G. Nelson,
E. N. Gibbs,
W m. A . Booth, F . R. Coudert,
Jo h n A . McCall
Jam es Stillman,

Knickerbocker
Trust Company,
334 FIFTH AYE., COR. 37TH STREET,
Branch offices, 66 Broadway and 19 New St.
CAPITAL AND SURPLUS, - $1,000,000
DESIGNATED LEG A L DEPOSITORY.
In te re s t allowed on tim e deposits. Checks pass
thro u g h Clearing H ouse sam e as i hose on city banks.
Acta as E xecutor or A dm inistrator of E states a n a
as G uardian, Receiver, R egistrar, T ran sfer a n d
Financial A gent fo r States, Cities, Tow ns R ailroad*
and o th e r corporations.

Money Loaned on Bond and Mortgage.
ROBERT MACLAY, A cting P resid en t.
CHARLB8 T. BARNEY, Vice P resident.
JO S E PH T. BROWN, 2d V ice-President!
FR ED ’K L. ELDKIDGB, secretary.
J . h e n r y TOWNSEND, A ssist. S ecy.

DIRECTORS :

Joseph S. A uerbach,
H arry B. Hollins,
Jacob Hays,
Tharles T. Barney,
$3,000,000
CAPITAL PAID UP,
V. F oster H iggins,
itobert G. Rem sen,
Issues D e b en tu re Bonds secured by bonds of Mu
le n ry W . T. Mali,
ulcipalities, W ater, Gas and R ailw ay Companies.
E xecutes tru s ts from individuals and corpoor- Vndrew H . Sands,
tlons. A cts as a g en t fo r th e re g istra tio n a nd tra n s ­ fames H . Breslin,
fer o f bonds and stocks a nd th« paym ent of Je n . George J . Magee,
I. Tow nsend Burden,
coupons in te re s t and,dividends.
463 ROOKERY, CHICAGO,
48 TH R EA D N B ED LE ST., LONDON.

A lfred L. W hite,
E. V. Loew,
H enry F. Dimoek,
Jo h n P . Tow nsend
Charles F. W atson,
David H. King, Jr.,
Frederick G. Bourne«
R obert Maclay,
C. Law rence P erk in *
W m. H . Beadleston,
Chas. R. Flint»..-