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HUNT'S
MERCHANTS’
MAGAZINE,
fjkurispiiptv,
$
interests of the united states.
REPRESENTING THE industrial and commercial
NO. 1,152.
SATURDAY, JULY 23, 1887.
VOL. 45
Week
CONTENTS.
1887.
THE
Clearing House Returns
The Financial Situation.
Checks as Circulation
Net Earnings in May
Grain Deliveries at New Yo k
THE
95 ; Weekly Riilroad Earnings
102
90 i Monetary
and
Commercial
98 I
English News
102
99 \ Commercial and Miscellaneous
News
104
and Railroad
and Stocks
Bonds
106
Range iti Prices at the New
York Stock Exchange
107
GAZETTE.
Pi ices of Active Bonds at N. Y.
Stock Exchange, and Range
since January 1, 1887
108
Prie -Hof Inactive Bonds
109
Local Securities
110
Railroad Earnings
Ill
Investment and Railroad News 112
'do
$10 20
6 10
do
do
11 28
£2 7s.
£1 6s.
Subscriptions will he continued until definitely ordered stopped. The
publishers cannot be responsible for remittances unless made by drafts
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These prices include the Investors’ Supplement, of 120 pages
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Messrs Edwards &
at Is. each.
WILLIAM B. DANA.
JOHN G. I LOVD.
(■Irain
(900,000)1
(38,094,200)
(0,402,00b)
82.449,200
5.072,00o
2,079.135:
1,027,602
1,187,181
1,012,528
977.360
690,680
Boston
Pr vidence
Hartford
New ilaven
Portland
Worcester
Springtield
Lowell
Total New
England...
Total Middle
European Subscription (including postage)
Annual subscription in London (including postage)
Six Mos.
hales.)
bushels.)
bbls.)
(Cotton
Baltimore
Subscription—Payable in Advance :
For One Year (including postage)
do.
For Six. Mouths
(1,008,513)
shares.)
(Stocks
Philadelphia
Pittsburg
Stic (Thmuclc.
Terms of
$
003,079,561
New York
Sales of—
(Petroleum
RANKERS’
Money Market, Foreign Ex¬
change, U. States Securities,
8tufe
WILLI A M[ I?. BAN A Sc Co., Publishers,
102 William Street, NEW YOttK.
Post office box 958.
-
Chicago
Cincinnati
Milwaukee
Detroit
Indianapolis
Cleveland
Columbus
Peoria
Omaha
HOUSE
RETURNS.
aggregate the exchanges for the week ending July 1G
quite satisfactory character, both in comparison with
preceding weeks and with the corresponding week of last
There appears to be little or no activity in speculative
year.
circles at present, while the very warm weather we have been
experiencing of late has had a tendency to restrict mercantile
operations in many parts of the country; in fact, at some
points the heat has been so extreme that a partial suspension
of business has'been necessary.
A favorable feature under
these circumstances is that the improvement in clearings
In the
are
of
P. Cent-
1887.
P. Cent.
Denver
St. Paul
Grand Rapids
Wichita
a
$
*
555,171,277
+ S*7
55-1,475,8S0
43*2
(1,184.042)
i450,(.0o)
(49.0 2,000)
(-9-8)
(8 97*2!
(—23-3)
(970,220)
(480,000)
(24,071,300)
(31,140,000)
(—79-4)
(7,880,000)
(- 10-5)
( -9*1)
(- 54-4)
(- 75*0)
80,971,953
4,551,700
2,387,184
1,309.002
1,001.283
+1*8
+ 1P4
71,517.244
—1*2*9
424*3 r
938.220
+18-0
+7*9
996,389
1,371,''50
1,1-8,945
-2-7
-7-8
4-202
40'8
425-8
+ 145
-1*9
662.038
+4-2
578,431
4-139
95.090,352
92,818,359
42-5
83,570,445
—1*4
6+340.153
9,981,514
13,105,230
57,485,072
7,509,090
12,423,177
4-180*
432 9
+5T,
59.704,810
8,535,717
10,700,589
4-25’S.
91,432,903
77.420,945
4-18-1
79,001,110
+30-3
57,541.372
10,891,250
3,885,047
4,050.* 93
1,801,000
3,198.809
1,933,803
1.03 L3J0
2,983,843
51.518.343
4110
+5-8
51,424,199
9,502.550
-48*8
-t-0‘9
+101
-49*8
4.9,9,550
038,884
734,857
1,469,380
10.295,*“ 50
3,015,014
3,537.507
-i-7‘5
3,431,887
3,550,087
1,243,329
4-145
8-49-7
2.415,210
-f31*4
2.709,0 It
1,927,830
1.0-23,910
2,720,408
4,118,117
1,094,731
709,439
2.251,447
3,001,885
1,792.370
-4-11-1
445-7
4 33-1
3,220,005
432-9
4-27-0
452-8
1,072,570
2,275,197
4,020,1*77
527,207
422-2
-425-2
-5-4
30-3
-
-
-
-29*2
-34*3
-223
-
11-42*4
-
-
-
-447
50-5
hOO-O
410*3
-92-3
470.974
4-M.H-S)
417,435
470-0
823,028
2,00 ’,4 73
315,004
80,210,805
415/9
89,371,3Ul
10,291,115
1,230,318
5,475,538
5,770 0i8
8,174,987
1,073,211
7.0,238
558,323
17,403.010
—0-4
771.591
459-5
10,219.914
1.27 9.530
5,780,811
5,205,228
7.013,430
482,082
-T-15VS
797,341
511.715
39,310,408
35,251,588
411*5
30,028,712
49-8
20,680,028
14,258.245
445*1
13,603,328
436*3
950,103,014
801,137,219
410-3
859,150,87'.
4-7 3
340.483,453
3o5.00>.9l2
413*2
804.0-0,01-2
-t-lF3
Duluth*
T< >peka*
315.002
99,948,702
Total Western
St. Louis
St. Joseph
New Orleans
Louisville
Kansas City
Memphis
Galveston
Norfolk
San Francisco
Total all
4,400,900
2,010,770
89S.S10
997.089
3.988.877
2.277,271
Minneapolis
Total Southern
CLEARING
1880.
End'g July 9.
CHRONICLE.
100 j
by Railroad and Canal
Wtek
Ending July 10.
4,805,000
4,137, J 05
5,039,723
902,000
9-8.011
437-0
445-0
411*5
—25-5
1,01*4.071
-
-415* 1
4-1-6-
4-706—3-3
+24-0
453*5
-24-2
-351
-13-8
"
Outside New York
*
Not Included in totals.
In the
as
aggregate the returns of exchanges for the five days
by telegragh this (Friday) evening record a decline
received
period of last week of $44,688,099. Con¬
corresponding period of 1880 Boston exhibits
a decrease, but in the total for the seven cities there is a gain
of 2*9 per cent.
Our estimate for the full week ended July
23 indicates an excess over a year ago of about 8*4 per cent.
Messrs. R. G. Dun & Co. report the number of failures for the
heretofore noted at various cities should be maintained. Such week ended to-night (July 22) as 172 (147 in the United States
has been the case, however, and in the present statement and 25 in Canada), against 179 last week and 183 for the same
gains over the previous full week (that ending July 2), are time a year ago.
reported by fifteen clearing bouses.
Week End'g July 10.
Week Ending July 23.
In comparison with the week of 1SSG the current returns
Returns by Tdegraph.
P. Cent.
1887.
exhibit gains at all but four of the thirty-five cities reporting,
P. Cent.
1887.
1880.
!
and in instances the additional are quite marked.
*
The cities
$
*
+0-4
+1*1 483,390,400
411,090,203j 439,101,9'8 (—33
most prominent in percentage of excess are Wichita, 7G per New York
(-0*9)
(933.439.
0)
Sales of Stock (shares)....
(94 1,108)
(031,803)1
-1*5
cent ; St. Joseph, 59*5; St. Paul, 52*8; Indianapolis, 49’7; Peoria, Boston
00,0)1.218
03,091,0551
—32
05.207,2.38)
+19-1
50,851,591
40 1
48,39 4900
51,481,200 j
45*7; San Francisco, 45T; Kansas City-, 45, and Louisville, 37*6 Philadelphia
1 1,001,038
42-3
+173
11,552.-01
9,840,029
Baltimore
per cent.
+7-0
Chicago
47,809,584| 38,707,000 +23 5 40,613,0 K)
from the similar
trasted with the
The market value of the share sales at the New York Stock
Exchange for the week reached $58,190,000, which compares
with $73,570,000 for the week a year ago.
We arrive at the
exchanges due to transactions other than in stocks by deduct¬
ing two-and-a-half times the above values, the result being
$458,204,5G1 and $371,246,277 respectively in the two years, or
a
margin in favor of 1887 of 23*4 per cent.
New Orleans
Total, 5 days.
Estimated 1 day...
....
Total week, all
*
14,340,052
47-1
13,810,039
-0-8
4,349,809j
3,831,043
+13*5
4,038.009
+1F4
037,842,539
019,501,851
112,344,298
+2-9
+19-2
082.530,638
40*3
+103
731,900,149
72,956.338
45*5
437 7
842,858,687
107,482,104
+8*0
+32-2
804,802,487
48 4
940,810.791
-MO 8
133,902,4811
771,805,020
Total full week.
Balance Country*
15,407,647
P
100,401,203]
872.200.223!
For tbe full week, based 9a laid week’s mania.
159,823,010
THE
96
CHRONICLE.
THE FINANCIAL SITUATION.
as represented by bankers’ balances has
loaned this week at 6 and 3 per cent, averaging 4£ per
Money
on
call
[Vol. XLV.
option, as well as the stock of other holders upon
which he also had options ; none of the purchases were
an
made, because “ circumstances rendered it
“
to
close them.”
unnecessary
We presume
if all the facts attending
made at
this
5 per cent and by banks at 6 per cent.
negotiation were disclosed and all the rumors were as
Time loans are in
good demand at 6 per cent for from four to six months effectually pricked as these have been, an affair and purpose
of a very different kind from that which the street has been
on first class collateral,
no quotation being made for
ordinary stock security. The supply of money on these treated to, would be revealed. Still it is an event of happy
loans is not abundant for the reason that banks and trus^ omen that the uncertainty is at an end, the negotiation
companies are disposed to loan principally on call and the closed, and that the stock market is relieved from its vary¬
former especially not being inclined to tie up their funds- ing influence. We never could see, as latterly interpreted,
In truth the regular customers of the banks need and it is what connection its success could have with any general
anticipated will need accommodation to a larger extent rise in values. Had it contemplated or covered, as wa3
than heretofore; careful inquiry reveals the fact that col. originally supposed, an arrangement among all the trunk
lections are not prompt, slow sales making it impossible lines, there would have been some reason in that view.
for the interior markets to meet their engagements.
This But a St. Louis connection or a Southern connection with
condition naturally affects the market for commercial Baltimore for Mr. Garrett’s road, hardly justified the public
in indulging in any very glowing hopes.
On the other hand
paper and rates are stiff at 6 per cent for the best 60 to
90 day endorsed bills receivable, 6 to 7 per cent for four the course of the market since the failure was announced,
months commission house names, and
to 8 per cent for shows in an unmistakable way what a mountain has all
along been made of a mole-hill. Yet in the face of this
good single names having from 4 to 6 months to run.
rumor
now has it
that som-thing even
The cable reports discounts of 60 days to three months’ experience
bills in the open market London firmer at If per cent, and
bigger” is in the "wind ; the trunk lines, the Penn¬
the open market rate at Berlin is unchanged at If per cent, sylvania Railroad, Mr. J. Pierpont Morgan, with Mr.
while at Paris there has been an advance to
per cent. A Jay Gould, are to cut up and dissect the old Baltimore &
feature of some importance on the Continent this week has Ohio corpus, the latter to take the telegraph portion and
been a recovery in Russians, which had been sharply de¬ the others to sacrifice themselves in the interest of making
pressed, through, as was reported, the influence of the German everything lovely for the speculating public. We cannot
Government.
There is apparently nothing in the political find, on inquiry, the least shadow of a fact to support this
situation to account for this reaction, and therefore it m y conclusion, and besides, if Mr. Garrett and his road is to
perhaps be regarded as a natural reaction after so decided be involved in a lawsuit as a result of the negotiation just
a decline. The Bank of England reports a loss of £26,000
closed, it wou'd be hard to see how a new deal is at the
bullion during the week, which a special cable to us states moment imminent. At some period in the future we have
no doubt the
was made up by an import wholly from South America of
Pennsylvania and the Baltimore & Ohio will
act in harmony, and when that situation is brought about,
£36,000 and by a receipt from the interior of Great Britain
of £8,000, and by a shipment wholly to the United States it is perfectly natural that Mr. Morgan should have a hand
of £70,000.
We notice that according to the table in the in it. It is, to be sure, a condition which cannot be reached
latter part of this article, made up from figures received by without each road sacrificing something, for it requires
special cable to us, that the gold holdings of the banks at all mutual concessions; but buying a railroad at a top price
the leading European centres of trade aggregate this week to be divided up with Mr. Gould hardly sounds like a truth.
£113,288,131, against £118,981,702 same time a year If it were selling a railroad at such a figure that we were
called on to believe, we might not find it so difficult.
ago.
Riilroad interests ought to be benefited by the decision
Our foreign exchange market has been dull but firm this
week.
A demand for remittance and |an inquiry result¬ this week of the Railroad Commissioners, settling so far
ing from the renewal of loan bills caused an advance in as they are concerned, the vexed question between the
the short rate on Tuesday to 4-85f, thereby for the present trunk lines and the Western roads as to the payment of
effectually preventing further imports of gold. The tone, a s commissions on sale of through passeager tickets. Taese
we wiite, is steady, but business is very dull.
Gold to the commissions, the opinion states, amounted to the extremely
amount of about $500,000 arrived from Europe on Satur
large proportion of from 20 to 25 per cent of the receipts
day, and as much more yesterday. So far as we have been able from such sales, and it was the practice of paving that
to learn, no further amount is in transit except an item of large sum which the trunk' lines sought to break up and
about $500,000, of which £70,000 was taken from the which some of the Western lines sought to perpetuate.
Bank of England the past week, as reported to us by So the latter applied to the railroad Board under the Interprivate cable and referred to above. It looks now as if State law to compel the former to afford the complainants
we
might get quite an amount of gold from Eurrope equal facilities lor receiving, forwarding and delivering
through the fall and early winter months if time money passengers that were afforded by them to other Western
continues to rule here at present rates.
Tne cotton crop lines which had agreed to abolish commissions. On this
up to this time promises to be very large, and as it is application the decision is made—(1) that the Inter-State
unusually early and old supplies small it ought to begin law does not make it the duty of State railroads to organ¬
ize and operate through lines of transportation consisting
to move early.
We are very glad to be able to announce that the so- of roads owned by different companies, and in the absence
called “ Baltimore & Ohio deal,” which has had as many of such statutory authority one road can only sell tickets
lives as a cat, is at length declared oil by Mr. Garrett, the and check
baggage over auotlier railroad line by
man of all others best able to know.
Furthermore, it is agreement; (2) but assuming for the sake of argument
satisfactory to have at the same time many of the state¬ that through service was obligatory under the provision
of- the act—that is to say, that it comes under the head
ments respecting it which have been circulated as facts,
pronounced untrue by the same good autnority—as for of “ facilities,” to be extended to every-road, and which
instance the report that Mr. Garrett had purchased the are required to be equal—assuming this the Commission
stock of the Johns Hopkins University on which he had still, holds that the trunk line3 could not be forced to
cent, while renewals between brokers have been
“
i
,
July 23,
it would be perpetuating a
practice of paying commissions which is unreasonable and
improper, instead of “ reasonable ” and proper.” It now
grant
97
THE CHRONICLE.
1887.1
the present demand, for
must all
as only one of a number of indicators that
be examined in order to arrive at a correct esti¬
mate of
the trade situation.
regard it
In this
sense
it is
important
general impres¬
roads, the applicants, if they to note that the iron statistics confirm the
wish to contest this conclusion, -to appeal to the courts, sion of a less active trade than in the last half of 1 886. '
The situation on the Stock Exchange has undergone
which we presume they will do. It seems, however, as if
There
the decision was a sound one, and we do not understand comparatively little change during the week.
have been a number of favorable developments, but they
why it is not in the interest of all the roads to acquiesce
have had no effect apparently to increase speculation.
in it.
As an indication of the condition and progress of one of The disposal of the Baltimore & Ohio matter removed an
element of doubt and mystery and therefore of depres¬
our most important industries, the figures of iron and steel
production in the first half of the current year, issued this sion. The ruling of the Inter-State Commission upon the
week by the Iron & Steel Association, are very interesting. question of commissions was also a favorable feature, as.it
We regret to say, however, that a close study of the emphasized the right of railroads to conduct their own
remains for the Western
statistics does not bear out the favorable construction so
generally put upon them.
has shown an
For
a
long time each half year
important increase in production over the
preceding half year.
Thus from 2,150,816 net tons in the
In
affairs.
addition
have had the announcement
we
majority of each issue of bonds had assented to
the
thus
Jersey Central re-organization scheme,
the success
apparently
assuring
of the same,
that
a
time
Connellsville coke
the
1885, the output was increased in the second while at the same
half of that year to 2,379,053 tons, then to 2,954,209 ton9 strike has been finally settled.
The war of rates on Texas
in the first half of 1886, and then to 3,411,119 tons in the business, which had been waging for a short time, has also
last half of 1886. It is desirable to know therefore whether been adjusted.
Railroad earnings continue good, except
first half of
this progress
received
a
has continued in the current year or has
check.
We find that
there has been
a
comparatively trifling increase, the production being
stated at 3,417,903 tons, or but 6,784 tons in excess
of the make for the last half of 1886.
We know of
course
explanation offered is, that the strike in the Connellsville coke region so reduced the supply of fuel that
during May and June a very large number of furnaces
were obliged
to bank up or blow out. Undoubtedly
except lor that circumstance the production would have
been greatly increased.
But we note that the stocks in
makers’ hands, though quite small (264,717 tons), were yet
12,013 tons larger at the end of the half year than at the
beginning. Hence if the production had been greater,
the increase would have gone simply into stock, so there
that the
is not much satisfaction to
But
in
addition it is to
in
the
in the
current
last
half
be drawn from that feature.
be
remembered that while
year there was an increase in
of 1886 .stocks were reduced
stock,
from
470,421 tons to 252,704 tons, or 217,717 tons. Allowing
for these changes in Btocks, the consumption for the half
year of 1887 was only 3,405,890 tons, against 3,628,836
tons in the half year ended December 31.
Tnis indicates
a lalling
off of 222,946 tons. Not only that, however,
but the decrease
occurs
in
the face of the fact that the
consumption of iron in the manufacture of rails has been
heavier, railroad building, as everybody knows, being
much
active. Tnus the production of steel rails in the half
year-of 1887 reached 1,154,193 tons, against 1,042,452
tons in the last half of 1886 and 707,447 tons in the first
very
Taking the increase over the December half-year
just as it stands, and adding it to the falling off in
consumption already indicated, we find that outside of
the demand for iron for “rails, there must have been
a
contraction
of
335,407, tons in the consump
tion of this staple.
There has meanwhile been an
increase in the importations, but even if we allow 250,000
net tons for this (the Bureau of Statistics has not yet
issued the figures for the full half year), a falling off of
nearly 100.000 tons remains. Some persons may prefer
to compare the production of the first half of 1887 with
the first half of 1886, showing an addition of 463,694.
tons, but as steel rails alone record an increase of 446,746
tons, this yields hardly more favorable results than the
other method, though here also allowance must be made
for larger lmpoi ts.
Iron is sometimes called the baromter of our industries.
Perhaps it is more correct to
half.
in the
case
of
a
few roads which last year
had
very
heavy
gains from a large movement of winter wheat. General
trade remains fairly active, while as to the crops and
drouth, pretty general rains have fallen during the
week in the West and Northwest.
Money, too, is
easier.
Still it seems almost impossible to galvanize
the market into life, and, what is more important, in¬
duce outsiders to take hold.
Hence prices continue firm,
but tiading is limited, and
fluctuations are narrow.
Western Union Telegraph fluctuated less widely than
mighth ave been supposed on the collapse of the Balti¬
more & Ohio deal, considering all the talk that had been
indulged in of the good effects to it to follow from such
deal.
On Tnursday, after the definite announcement by
Mr. Garrett that negotiations for the purchase of the
road were ended, the stock opened about one point off,
subsequently reacted. Latterly there has been a
repetition of the rumors of an advance in cable rates.
The following statement made up from returns collected
by us shows the week’s receipts and shipments of currency
and gold by the New York banks.
but
Week ending July
Received by
22, 1887.
Shipped by
N. Y. Banks. ST.
Y. Ranks.
Net Interior
Movement.
$1,200,000
$60*5,000
Gain
$1.200,000
$666,000
Gain..
.
$514,000
Gold
Total Roll and
le^ai tenders
The above shows the actual
$534,000
changes in the bank hold¬
ings of gold and currency caused by this movement to
In addition to that movement the
aud from the interior.
banks
$1,000,000 through the operations of
lo3t
have
Sub-Treasury, and have gained $500,000 by gold
imports.
Adding these items to the above, we have
the following, which should indicate the total gain to the
New York Clearing House banks of gold and currency
for the week covered by the bank statement to be issued
to-day.
the
Week ending
duly 22, 1SS7.
'
(
j into Bunks.
1
$ 1,200,00*1
imports..)
lenders ...i
5.5**0,000
oper.
ami mdd
Total iroUl and le.ral
Tae
Bank
of
England
i Net
Change in
of Banks.,
Bank Holdings.
]\
'
Banks’ Interior Movement, as above!
Su'b-Tretis.
!! (Jut.
id.TO >,o*>u
1
.
Odd.OOd
Gain..
$531,000
*5,000,0 10
| i.oss..
5**0,000
yn.dSd.ooo
Gain..
$31,000
$
lost £2 6,000
hai lion
during
the week. This represents trie receipt, of .£8 009 from the
interior and tiie shipment of £34,000 net, abroad. Tne Brak
of France gained 2,225,000 frauc3 gold aud 1,473,000
francs silver, and the Bank of Germany, since tue last
report, shows an increase 6,103,OoO marks. Tne follow-
ing indicates the amount of bullion in the principal Euro¬
banks this week and at the corresponding date last
pean
year.
THE CHRONICLE.
98
Gold.
Silver.
£
England
France
Germany*
Aust.-IIuDg'y
....
Netherlands..
Nat. Belgium*
National Italy
Tot. this week
Tot. prev.w’k.
Total.
Gold.
£
£
£
22,420,692
48,083.58') 47,205,938
21,425,859 19,000,291
6.812,000 14,181,000
5,098.000 8.219,000
2,447,000 1,223,000
7,001,000 1,118,000
a
July 22,1886.
July 21,1887.
Banks of
£
£
21,102,547
54,287,855 44,997,157
20, 02,300 16,347,700
6,392,000 13,594,000
6,693,000 8,167,000
2,627,000 1,313,000
7,312,000 1.407,000
22,420,692
95,239,518
40,426,150
20,99 5,000
13,347,000 j
3,670,000:
8,119,000
113,288,131190,980,229'204,268.360
112,S90,0y?!90,800,60 i 203,697,299
Total.
Silver.
21,102,547
99,285,012
86,910,000
19,9.80,000
14,805,000
3,940,0 ;0
8,719,000
118,981,702 85,825,857 204,807.559
113,857,593 85,530,679 204,408.272
*
The division (between cold and silver) given in our table of coin and
bullion in the llank of Germany a id the Bank of Belgium is made from
the best estimate we are, able to o .tain; in neither case is it claimed to be
accurate, as those banks make no distinction in their weekly report,
merely reporting the total gold and silver; but we believe the division
we make is a close approximation.
Note.—We receive the above results weekly by cable, and while
not all of the date given at the head of the column, they are the
returns issued nearest to that date—that is, the latest reported tlgures.
basis for
work
done
[Vot» XLV.
estimating the comparative volume of and
by checks. Those exchanges only cover 37
cities out of the 580 the
of 1880
enumerates, and
according to the same census they had but 5,907,262 popu¬
lation, against 12,936,110 of population tho entire 580
contained.
The weekly exchanges of the 37 cities for
the six months, ending with July 1 averaged about
$1,000,000,000. If for the remainder of the 580 cities weT
to add
to this total
census
amount
equal to the propor¬
population bears to the population of the 5 7 cities,
it would bring the aggregate up to over $2,000,(TOO,000.
This too takes no account of the very large number of
were
an
tion their
other towns where banks
are
situated.
"We have referred
only 580 cities ; but according to the detailed reports
Comptroller’s volume for 1SS5 (the volume for 1886
Assay Office paid $121,087 through the SubTreasury during the week for domestic bullion, and the is not issued yet), there were National Banks at 1,606
Assistant Treasurer received the following from, the Cus¬
different towns (instead of 580) in the United States. •' If
tom House.
we had the bank
figures for to-day this number would be
Consisting of—
considerably increased ; besides, even that total makes
Duties.
Late.
in the
The
Gold.
July 15.
$374,011 21
U. S.
Gold
Silver Cer-
Notes.
Certifid’s.
tificatcs.
$3,000
3,000
$47,000
40,000
178,000
28,000
73,000
462,000
82 5,000
455,000
403,000
55,000
“
1G
250,393 09
<«
18.
“
19.
590,503 14
995,144 40
“
20.
5GG.495 74
21.
515,721 85
5,000
6,0 >e
4,000
2,501
Total.
$3,298 205 46
$23,500
101,000
55,000
48,000
$263,000
$364,000 $2,586,000
Included in the above payments were
coin,
to
Criticisms of
AS
CIRCULATION.
remarks last week
60,000
53,00<*
60,000
4317,000
$9,500 in silver
chiefly standard dollars.
CHECKS
$61,000
no
note of State banks.
Some of these institutions
are no
doubt
small, doing but little business, and yet where there
are banks there are
deposits, and where there are deposits
there are checks actively at work filling tho office and
affording the facilities for which, if they did not exist,,
other currency would have to be provided.
A moments consideration is at this point important,
respecting the feature that checks can be made of any
amount and at the very hour needed.
Wo have already
said that that power enables them to be peculiarly effective
as instruments of
exchange, and if currency was required
to fill their place, that is do their work, many times the
amount of the ordinary exchanges would have to be kept
in circulation to have the required aggregate ready at
every place where a wTaut may arise.
Even though a
town or city may not have use for twenty live thousand
dollars in one item more than once a week throughout the
year, yet that amount of currency would have to* lie
there, though the ordinary wants did not call for over
half or perhaps a quarter of that amount.
Consequently
in making use of a per capita comparison to test the cur¬
rency needs of a country wo must not only include ail
respecting the place
part of our circulation have been numerous.
Some seem to think that they are no substitute for the
ordinary forms of currency, while many claim that we
assigned them a far too important place. The subject is
an interesting one on many accounts, and a fuller develop,
ment than we were able to give it a week ago, will be of
advantage.
It is hardly worth while to spend much time proving
that checks perform the functions of currency ; that when
they have an actual deposit back of them there is no better
or safer vehicle for the
interchange or transfer of property. estimate of the total of the checks issued, but increase
This is too obvious and.too generally admitted to need proof- the estimate of that item largely above the actual amount
In fact we undertake to say that they are the best form issued, because of their greater effectiveness.
The figures
of currency in existence.
we
criticised
were
First, the condition that per¬
used, if for any purpose, to express
mits of their being brought into existence whenever and such a need, and our wish was only to make the
wherever wanted makes them the most economical con¬ comparison broader and truer.
Thus the problem stated
trivance for the purpose ever devised ; they cost nothing, in full would be that if France, substantially without
for they have no being except when in
employment, a checking system, needs for instance fifty-one dollars
whereas gold and convertible notes are or represent idle of gold, silver and bank notes per head, how much
capital. Besides, notes or gold must exist very largely in does America with banks everywhere need to be equally
excess
of ordinary wants to be always in sufficient
supply well equipped for business purposes, lienee we repeat, if
everywhere for extraordinary demands ; this is further the power to create currency is constantly and universally
wasteful, since much of the money the greater part of the present in the one case and not in the other, of course to
time is wholly out of use.
Then, again, the creative and make the comparison accurate we should have to estimate
re creative feature
gives the check a peculiar efficiency en¬ that power, that is the check device, at a high total.
But it may be assumed by some that the total bank ‘
abling it to count in working power many times the same
amount of ordinary
currency issued by the Government. deposits at any one time should be taken as the limit of
But finally what completes it as a
currency device making the check-making power and therefore as the limit of this
it the most perfect
imaginable, is that it goes out of exist¬ facility. The last point we have dwelt upon above proves
ence when its work is
done, thus redeeming itself—an that the check cannot be so circumscribed, for the compari¬
absolute selfacting machine
working. without the least son attempted is not between the mere volumes of what is
friction and without
called money which two countries possess, but between
any trouble or expense to any one.
This brief summary as to the special fitness of checks facilities for making exchanges.
It is much the same as
as a substitute for
if
one
should
estimate
the
currency, appears to us also to establish
.consuming power of a certain
fully the position we claimed for them a week ago in our enu¬ number of cotton spindles;—in that case one would have
meration of the various kinds of circulation the
country to consider not alone, or perhaps chiefly, their number,
US is.
It will be remembered that we took the total but in
good part their kind ; those mills which have kept
weeks exchanges of the cities
their
having Clearing Houses as
machinery well abreast of the most advanced ideas
checks fill
as a
our
r
THE CHRONICLE.
July 23, 1887. J
99
This shows an increase in net for May of $2,339,422j
and capacity. Then,
again, deposits are constantly changing hands; they against the increase of $1,813,625 as stated for April. In
belong to one depositor to day, to another to-morrow and other words, the ratio of gain for May is 25 per cent,
having a much greater efficiency
third the next day and each possessor has the while for April it was only 20 per cent. What makes the
right to and uses the power to check against them in turn. greater gain the more striking, is that it follows a smaller
Thus through a series of days or weeks the needs of gain in the gross; that is to say,while the $1,813,625 increase
different sections of traders in each community are supplied. in April was made on an increase of over four millions in
Still, even leaving out these considerations and taking the gross, the $2,339,422 increase in the net in May has been
Stated in
total deposits as the limit, the question arises what shall made on an increase of only $3,661,494 in gross.
we include ?
Shall we include only commercial hanks or another way, a 124 per cent increase in gross in May has
shall we also include Savings Banks, Life Insurance Com¬ been followed by a 25 per cent increase in net, while in
panies, &c. According to the latest return of the National April a 15 per cent increase in gross was followed by an
Banks (May 13) the amount due depositors and hanks improvement of only 20 per cent in the net. It will be
aggregated $1,631,570,000 at that date. If to this we add noticed, too, that the percentage of increase for May is
similar returns of State hanks and trust companies (of which almost as large as it is for the five months, being in the
the reports gathered hy the Comptroller last year give us one case 25 per cent and in the other not quite ‘27 per
It will be interesting at this point to compare
the latest available figures, being $584,938,000) we reach cent.
a total of $2,219,508,000
without any reference at all to the May results with the results for all of the months
to
still
a
savings hanks, &c.,—a result which of itself fully bears preceding.
out our suggestions of last week.
A single other thought should be recalled, as it helps to
the
confirm and illustrate the view which has been
taken.
We refer to the
figures collected by Mr. Knox in 1881,
then Comptroller of the Currency, with regard to the
kinds of cash which enter into deposits made in United
States
national
September
reader
banks.
His
investigations
were
|
$
|
1886.
$
Increase.
$
(pc
19,950,926 4,212,497,21
in
Earnings.
1887.
1880.
$
$
7,213,497
22,675,611 2,230,849 10 7,406,993
26,861,870 5,727,782 21 12,170,047
27,570,467 4,063,814 15 10,073,279
May (58 roads) 32,596,4',2128,934,958 3,661,494113 11,681,438
| Increase.
pc
|
*
4,GS0,990 2,532,507 54
7,203,084 143,329 2
8,967,232 3,209,415 36
8,8 9,654 1,813,625 20
9,342,016 2,3 59.422 25
substantially the
Hence it is noteworthy that as
The roads embraced in this exhibit are
that year, and, without wearying the
the details, it is sufficient to say that
of
with
1887.
(51 roiuls) 21,163,423
Feb. (57 roads) 24,936,460
M’ch (58 roads) 32,592,658
April (59 roads) 31,040,281
Jan.
Met
Gross Earnings.
same
in all the months.
the amount and ratio of
than in any other month
banks at
this year except February, when bad weather interfered
14- per cent in coin, and 4^ per cent notes, while they
with railroad operations, while as regards the net the May
were a little over 94 per cent in checks.
This sheds light
country the deposits in all the national regards the gross earnings both
that time were found to be made only about gain for May should be smaller
for the whole
increase is better than in either February or April.
In
inquiry. It helps to indicate how small a part
in the country's exchanges what is called currency, plays— January and March of course we had much larger ratios
of increase in the net, but the result in these months was
that is, how small apparently is the need for it.
Here is
less than 6 per cent of notes and coin received and de. exceptional, favorable weather as contrasted with bad
weather last year having made the increase extraordinarily
posited by all the customers of the banks. In a word,
where these institutions exist business methods seem to be large in January, and the going into effect of the InterState law in April having greatly increased traffic in the
so controlled
by the facilities they afford that transactions
month preceding in anticipation of that event.
But the
are conducted almost wholly by means of transfers of de'
most significant feature is, that in no month this year was
posits. How conclusive this is of the fact we^have been
so large a proportion of the addition to gross carried over
contending for. It goes even further, for it proves that
to the net.
In January the increase in the net formed
outside of the sections where there are no banks, interna}
just about 60 per cent of the increase in the gross; in all
or notes other than
commerce has little real use for coin
the other months it was much less; now for May it is about
in very small retail operations, except what banks hold
64 per cent.
In brief, then, though in some of the other
to ensure the convertibility of deposits.
months the, improvement in the net was larger relatively
and absolutely, yet bearing in mind the difference in con¬
NE T EA REIN GS UN MA Y.
The May statement of net earnings is much more satis' ditions and circumstances May makes about as good a
factory than was that for April. Not that the latter did showing as any month this year.
One reason for the more favorable exhibit is found in
not make a favorable showing, for there was an increase
of $1,813,625, or 20 per cent, on the fifty-nine roads the circumstance that expenditures for renewals and bet¬
embraced in our exhibit.
But the increase then came in terments seem to have played a much less prominent part.
In April it was noted that while only six of the fifty-nine
very great part from special sections ; in fact was in large
roads reporting, showed a decrease in the gross, no less
degree made up by a few special companies, while quite a
In May,
number of the remaining roads showed disappointing than seventeen showed a decrease in the net.
with six roads showing a decrease in gross, the numresults, which latter indeed was a characteristic common
her of decreases in the net is but ten.
Quite a number of
to several w^hole
on
the whole
and sections. Now for May the
evenly distributed, and wbile of companies have changed their results greatly for the bet¬
ter, while others show a much larger degree oi improve¬
course there are a few individual roads with poor results
Among the more prominent companies of this kind
the improvement as a rule is quite general and extends ment.
to nearly all groups, classes and sections.
Hero is a sum¬ may be mentioned the Pennsylvania and the Southern
The Pennsylvania in April increased its - ^ only
Pacific.
mary for May and the five months.
$30,000, but in May over $368,000, while the 8 mthern
Month of Hay.
Jan. 1 to May 31.
|
Pacific system had only $27,000 increase, but nnv has
(59 roads.)
(f.8
als.)
1
1
$256 000.
The Erie also has a much larger gain as have
(vr.
Dec.
1880.
1 1887. 1 1833. [.-■c.nr j 1837.
*
*
tlio Chicago St. Louis & Pittsburg and the Grand Bapids
$
$
s
*
1
Gross cam's 32/ 96,452 28.034.i-58 4-3,0451,494 1 52453,340 131,481,377 420,073,963
& Indianv.
rrhe Canadian Pacific, which in April had a
Oper. exp., .j 20,1*15.01 J> i9,5*»?,942 41,322,072 1 O’,240,139 91,382,096 49,858,043
Net earn’tJ ll,681,43oi
heavy lo53, now L.as a small gain. The Oregon Improve*
9,34 2,0 loj+2.839,422: 51,315.201 40,499,2*11 410.815,920
groups
increase is much
more
.
ro
t>eo.
or
THE CHRONICLE
100
[VOU XLV.
recorded considerable increase in April entirely from the Burlington & Quincy and the Minnesota
but now has still more.
The Oregon Navigation and the & Northwestern, the Burlington Cedar Rapids & North
Northern Pacific, on the other hand, show less satisfactorily ern and the Minneapolis & St. Louis reporting diminished
for May, after having done well in April.
But without net.
The roads in the Southern section show the same
steady
goiDg into any further details, we will present the following
table in our usual form, the roads reporting being arranged gains as heretofore.
The percentage is not as large as in
in groups or classes according to location or kinds of traffic, some of the other sections, but considering the number of
and the number contained in each group being designated., roads included, the uniformity and evenness of the gain, and
the regular way in which it is maintained month after month
by the figures in parenthesis.
we think it
GROSS AND NET EARNINGS.
may fairly be claimed that these roads are
doing as well as any. Of the thirteen roads embraced
Net Earnings.
Gross Earnings.
under that head, only one—the Memphis & Charleston—
May.
1887.
1880.
1887.
1880.
Inc.
Dec.
records diminished net for the five months, and only two,
P.C
$
*
$
$
$
9,410.230
2,772,290
+578,847 21
8,404.120
3,351,137
Trunk lines
(7)
namely the Memphis & Charleston and the Central of
414,297
+170,810 70
1,021,060
243,481
Middle Western(H)
1,437,334
Georgia, show diminished net for May. The Memphis &
8
800,972
2,850,992
+72,197
Northwestern.. (4)
2,578,991
939,109
20
2.314,948
940,17
745,312
Charleston
i
+194+59
has been spending large amounts for renewals
1,889,940
W’st of Miss’uri(4)
11
ment company
or
7,423,945
2.919,062
3,358,413
3,608.412
582,114
318,403
1,294,859
214,373
183,758
001,782
.(1)
8,234,719
3,* 00.077
8,884,701
050,977
394,743
142,085
97,909
+341,318
+190,831
+03 1,077
+71,088
+85,789
Total, 58 roads
32,590,452
28,934,9o8
11,081,438
9,342,010
+2,339,422
42.887,895
7.810,481
33,407,100
0,809,900
11,120,109
8,870,188
31,513,878
15,242,991
15.700,238
13,304,303
2,310,943
5,055,007
4,830,231
11,748,908
5,870,878
5,807,093
11,370,228
1,420,195
4,322,003
3,395,314
11,333,169
4,050.719
2,788,307
+1,928,075
+890,743
+1,333,004
+1,440,887
2,590,301
1,508,502
787,338
093,178
922,390
Total, 59 roads 152,555,340 131.831,377
51,315,201
Syst’ms(l2)
Pacific
Southern r’ds..(I3)
Coal
companies(4)
Eastern co’«....(5)
Mexican road
.
Jan. 1 to May 31.
Trunk lines
(7)
Middle VVesternt8)
Northwestern. .(4)
W’st of Miss’urq4)
Pacific
Syst ’ms (12)
Southern r’ds..(l3)
Coal companies 5)
Eastern co’s—(5)
Mexican road..(l)
18,303,519
11,259,262
35,849.725
18.103+79
18,493,84?
2,873,824
1.907,408,
985,201
3,017,095
794,430
+415,799
24
90
50
87
25
42
+414,312
81
40,499,281 + 10,8.15,920
27
,
Northwestern—The Burli »*?ion &, Quincy, Burlington Cedar Rap. & Northern
Minneapolis & St. Louis and Minn. & Nortnwestern.
Denver & Rio Grande, Denv. & Rio Grande West., St.
Joseph A Gr. Island and Atch. T. & S. Ee.
Pacific Systems—The six 'out hern Paeitic roads and the Union I’ac., Northern
Pac., Can. Pae., ()r< gon Imp. i o., ovgon Ry. & Nav. Co. and Calif. Southern.
Southern Roods—The Louis. & Nash., Central of Georgia, dies. &.()., dies. O.
& S. \V., Eliz. Lex. & B. S., East Tenn. Va. & Ga.. Nash. C. & St. Louis, N rf olk
& Wes em, i mils?. N. O. it Tex., Mempris & Charleston, Shen. Valley, Fort
Worth & Denver City and Cape Fear & Yad. Valley.
Coat Companies—'] he I’hila.& Reading lilt.. P. it R. Coal & Don Co.. Buff. N. Y.
& Phila. a d Northern Central, and for the five months the same roads together
with N. Y. Su q. it Western.
Eastern Companies—The Bsiltimore& Potomac. N.Y. Ontario & Western, West
Jersev, (’aindeii it Atlantic and Rome Wat.it Ogden burg.
BJinpat of Missouri—The
Mexican Roads— The Mexican Central.
months, the coal roads furnish a large share
of the gain, but not to the same preponderating extent as
before, and in ratio of increase there are at least two other
sections that do not fall far behind them.
Thus the .Mid¬
increased their net of last year
70
per cent, and the Eastern
These latter in April had
companies theirs 50 per cent.
only 5 per cent increase. The
improved result now is due to better returns by the
Baltimore & Potomac, the Camden & Atlantic, and the
"West Jersey.
The Middle Western comprise such lines as
the Chicago St. Louis & Pittsburg, the Cincinnati Indian¬
Chicago, the Grand Rapids & Indiana,
apolis St. Louis
the Wabash east of the Mississippi, and we have frequently
called attention to the excellent statements
cent increase, against only 7
as
a
rule that
The Trunk lines show
in April, the
reason being the heavier gains by the Erie and
Pennsyl
vania. The Pacific systems have 11 per cent increase
against only 4 per cent, owing chiefly to better results by,
the Southern and Canadian Pacific.
Missouri River have
a
per cent
The roads west of the
somewhat diminished percentage
of
gain ; the Denver & Rio Grande
as well as the Atchison con¬
tributes to the increase this time (the former had a loss in
April), though the gain in the Atchison is not as heavy as
a month ago ; the Rio Grande Western and the St.
Joseph
& Grand Island on the other hand both again record a
falling off in net. As on previous occasions, the poorest
result
as a
have
a
whole
comes
The
proportion of the grain deliveries at New York,
coming by canal and by each of the rail routes, is always
of
considerable
interest, and this week the
figures for the month of June have b8en made up,
enabling us to aggregate the results for the half year.
We have given the totals from month to month, but of
course the results for the half year possess increased
value.
Covering as they do a longer period of time,
the comparison may be supposed to be influenced only
slightly by circumstances of a temporary or transient
a
matter
nature.
For June circumstances invest the results with
special importance,
before dwelling upon the figures
will briefly refer to the exhibit for
so
for the half year, we
the moDth.
The
collapse of the wheat corner in Chicago tended to
receipts here unusually large during the latter
part of June, and even while the corner was .in progress
the tendency was somewhat in the same direction, for the
energies of the parties manipulating it were bent to keep
of Chicago as possible, and thus no
as much wheat out
doubt some of the supplies found their way to New York.
It is not surprising therefore to-find that the total of the
grain receipts of all kinds during the month reached
1,683,002 bushel^ more than in the same month last year,
and that the whole of this increase, and more, is found in
the item of wheat, the deliveries of which aggregated
6,785,260 bushels, against only 4,932,212 bushels last year.
The flour receipts fell off, the equivalent of only 1,755,540
bushelshaving been received, against2,280,955 bushels. At
the other Atlantic ports—Boston, Philadelphia and Balti¬
more—not only the wheat receipts, but the flour receipts
also, increased; but, on the other hand, there was a heavy
contraction in oats and corn, leaving the total grain move¬
ment at the three ports almost precisely the same as in
June, 1886, while at New York corn and oats show gains,
as do most of the minor cereals also.
It is significant of
the prominent part , layed by the wheat shipments in the
total, that out of 14,140,784 bushels altogether received
at New York, 8,540,800 bushels should have been com¬
posed of flour and wheat. But let us see how much of
this total of fourteen million bushels was contributed by
the canal and each of the five trunk lines,
table
Here is
a
giving this information for the present year, as well
roads, which as the five years preceding. The aggregate for 1887 it
Even this gain comes should be said is the heaviest since 1881.
from Northwestern
gain of only 8-per cent.
RAILROAD AND CANAL.
make the
As in other
21 per
YORK BY
4
Middle Western—The ('hie. St. Louis & Pitts., Cin. Ind. St. L. & C., Det. Hay
Citv .V Alpena, '.rand Rap & Ind., To]. & Ohio Cent., Cairo Via. & C., Cleveland
& Canton and Wabash east of M ississippi.
from this class and section.
and net.
GRAIN DELIVERIES AT NEW
30
Trunk Lines—The Erie, the Cleveland Col. Cin. & Ind., the Ohio & Miss., the
Penn, and the Or. Trank of Canada, Chic, & Or. Trunk and Detroit G. II. «& M.
come
off extends to both gross
17
Note.—Included under the head of—
dle Western lines have
betterments, which accounts for its loss, while the.fall¬
ing off on the Central of Georgia in May is probably owing
in good part to a diminished cotton traffic, as the falling
02
+1,220,159 20
+3,o78,720 110
+94.210 13
508,078
and
YORK BY ROUTES DURING
RECEIPTS OF GKAJN AT NEW
for 1887,
JUNE.
there
N,
bush
Erie
Pennsylv’a. .bush.
342,191
W..bush.
West Shore..bush.
Per cent.
RRs.bush.
617.626
Various
5‘51
66,777
901,731
8-64
0-51
6,276,884
17-07
8-33
234,517
2"15
42,994
31,632
0-40
0-31
51-21
05 "64
39 94
0i"55
195.643,
255,991
108,996
343,047
868,67 4
1-04
2-09
1'57
52 30
1,574.678
0,846,667 4,370.644 5,677.947
3,476,3 <5
7,395,700 6,230,550; 5,723,40)
bush.
Per cent.
17-18
48-42
0-7O
Per cent.
4-67
1,584.935
■
6,031,529
99.018
coast w.bu.
••
679,463
47-00
Per cent.
911,796
7 39
26-96
636
5*45
6.646,060
Total HR..bush.
Canal.......
779,663
4-58
Per cent.
River &
i
679,3:8
545
1,673.339
770,741
487,742
2,486,702
13-73
1523
3 03
4-09
779,392
1,508,010
3332
46 70
5001
1
4-00
313
3,177,737
6,231.910
34" 45
56*93
9,224,358
Total all ...bush. 114,140,781 ! 12,457,722 12,250,275 10,431,993 10,945,621
grain outlie basis
distinction made in the weights
being added together on the same
Note.—In the above table flour lias been reduced to
of 4^2 bushels to a barrel, and no
of the different hinds of bushels, all
basis.
this
From
we
brought in a larger
that the canal
see
are
1882.
1883.
23-64
8-18
377.372
509,847
2-42
Per cent.
2,463.973
1,002.352
452
6-11
Per cent.
Del. L.&
"562,071
864,117
2130
11-88
16-23
1353
Per cent.
1,823,284
2,0*2,370
1.912,587
2,222.480
18-17
12-63
14>5
Per cent.
2.227.436
1,578,450
2,099,850
Y.Cent...bush.
1884.
1885.
1886.
1887.
June.
101
CHRONICLE.
THE
1887.]
July 23,
and 40,898,861 or 77-90 per cent, for 1886; but
two cases of individual roads, as already said,
where the
Lacka.
wanna
in only
changes are important. These are the
and the West Shore.
The former brought
cent of the whole, or 2,810,109 bushels, this year,
6,097,800 bushels last year. The
West Shore on the other hand increased its total from
5-21 per
against 11-62 per cent or
3.115,819 bushels to 5,590,943 bushels, and its ratio from
5-93 per cent to 10 37 per cent.
The inference from these
results is, that the West Saore is greatly strengthened by
its alliance with the New York Central, while on the
other hand the Lickawamia in an even competition with
the other lines can not do as w’ell as in a period of unset-
general demoralization. It is noteworthy,
too, that while the West Snore has gained so largely, the
Central itself has lost but slightly, its proportion standing
at 23-37 per cent in 1887 and 24 97
per cent in 1886.
With regard to the various roads, the Lehigh Valley having continued very active, these have increased their ratio
from 6-04 per cent to S-43 per cent.
Extending the companson further back to some of the earlier year3, we find
that the Pennsylvania has suffered a considerable reduc¬
iled rates and
other of the years given, its deliv¬
being 7,395,700 bushels,, or 52-30 per cent of the
whole.
Last year the proportion was only 50-01 per
cent, and the increase now is the more noteworthy that tion of its
percentage, having for 1887 the smallest ratio
in 1886 the 25 cent rail rate from Chicago to New York
of any of the years given; the Central and the E/ie also
was well maintained, while in the present year it was
show the effects of
the building of the new lines,
slightly shaded towards the close of the month. It though perhaps les3 than might be supposed. The Genshould perhaps be stated that the gain on the canal
tral taken by itself of course exhioits a heavy reduction,
comes almost entirely from a larger oats and corn move¬
but if we include the West Shore, which now forms part
ment, the increase in wheat having gone to the railroads. of the same
system, the result is different. For 1887 the
The latter, as a whole, carried more grain in amount than
two together have 33-74 per cent of the whole, while last
a year ago, but of course less in proportion.
The Erie year they had 30 90 per cent. In 1885 the Central alone
carried less both in amount and ratio, so that instead of
had 32-24 per cent, in 1884 35-81 per cent, and in 1883
being first as in 1886, it is now second, the Central taking 34-69. In 1882 the percentage was 39 22, but that was
the first place again.
The Lackawanna has lost quite before the Lackawanna had become a factor in the situa¬
heavily, while the Pennsylvania has recovered some of its tion. The Erie’s ratio stands at 21-21 per cent for 1887,
last year’s decline.
20*77 per cent for 1886, 20-89 for 1S85, 23-21 for 1884,
As already said, however, the figures for the half-year
25-04 for 1883, and 23*29 for 1882.
have a much greater value and significance in such a com¬
A word now as to the earnings from this traffic.
Of
parison. Accordingly we give the following summary of course they are greater than in 1885; the deliveries are
the deliveries in amount and percentage for the first six
not as large as then, but rates were much higher, the
months of each year since 1881.
first six months of 1385 having been a period of great
RECEIPTS OF GRAIN AT NEW YORK BY ROUTES JAN. 1 TO JUNE 30.
demoralization in trunk-line affairs.
As compared with
amount
than Jn
any
eries
Jan. 1 to
1884.
1883.
1
ias2.
j
Bushels.
Bushels.
N. Y. Cent.
1885.
1386.
1887.
June 30.
Per ct.
Per ct.
Pennsylv’a..
Del. L. & W
.
!
Per ct.
Var'us KRs..
!
1
!'
4,498.916;
8,438,iH)3
4,239,885
6,106.901
5,145,220
8"57
1473
10-03
11-72
12-53
3,800,028
2,476,851
2,595,359
6.097,800
11-62
5,590,943
1037 i
4,542,659
Per ct-
5"a6
6-63
i
4-94
5,817,316
3,115,819
5*93
3.173,148
10-20
474,207
2.492,477
5-90
0-83
6 04
8-43
3922
9,567,150
23-29
S-41
5-21
34-09
13,172,655
25-04
4,5:3,302
Per ct
West Shore.
|
Bushels.
16,108,971
23-21
20-77
2,810,109
3581
9,810,477
Bushels.
16,246,876
20-o9
21-21
Per ct.
Bushels.
15,135,925
11,974,012
10,905.336
11,436.654
Bushels.
18.473.h28
32-24
24-97
23-37
Erie
;
13,107,842
12,0U2,111
.
372,768
0-71
353,926
0-87
Per ct.
Riv,& coast..
:
015,616
114
11,784,500
Per ct.
Total all...
|
77 00
j
Per ct.
Canal
40,898,801 49,007,454
41,515.77,*'
2184
53,915.894
This shows
no
77-90
i
872,509;
1-64
|
10,728.0 0
20-44
52,499,42
;
34,155,61-
40,554,059
31,175.267
85-52
80-81
77-10
7591
1,202,253
1,277,652
2,027,219
1,368.144
302
2-10
7,095.654
0,831,868
12-38
16-17
57,305,361
42,265,135
material change as
leading trunk lines was not as large as in the six
months pf 1886, and secondly, rates were maintained at
the five
figures last year, while this year .for a good part of
the time they were not.
Making our calculations in the
usual way, the following shows approximately the revenue
to each of the five lines.
We should say that for June
full
the basis of 24 cents per 100 lbs. as
the average rate from Chicago to New York.
The 25
cent official tariff was quoted till about the 20th o.f the
month, when there was a drop to 23 J cents.
we
;
'
Total 11 Its.
1886, however, the revenue shows a contraction. This is
owiDg first to the fact that leaving out the various roads t
which have a heavy increase, the amount brought in by
385
10,023,620
19-05
52,604,89-
3 33
8. f. 26,801
have
figured
on
20-76
APPROXIMATE
EARNINGS FROM THROUGH
GRAIN TONNAGE.
41,070,212
compared with last
Jan. 1 to .Tune 30.
June.
1886.
1887.
1865.
1837.
1836.
f
1885.
in two cases, to which we shall presently
*
*
e
$
*
j
J
$
714,000
67.000
99,000
113.000!
795,000j 733,000
about 1,400,000 bushels New York Central
55,000 659.O00
103.01 0; 1*27,000
Erie
.3.....
660,000j 465,000
275,000
3:38.000
251,000
greater than in 1886, but over 1,000,000 bushels of this has Pennsylvania
30.000
47.000
36,000
152,000
15i),oo(J, 371,00)
32,000
11,000
18,00
Del.
Lack.
&
West
been absorbed by the canal.
i;
The latter of course does West Shore
42,000s
23,000 3iH,0o0| 192,001)! 220,000
42*000
not count in the movement during the winter months,' so
32o,000j 336,000 180,0UI 2,101,OOU! 2,2rf9,00u! 1,908,000
Total
its proportion of the whole is much smaller than for
The chief feature of interest in this^taDle is that it
June; but it has a heavier ratio than in the half
shows that against $371,000 earned by the Lackawanna
year of 1886, the percentage being 21*86 now, against
20 44 per cent then.
The total rail movement does from this grain traffic in the six mSnths of 1886, the
not differ much from last year either in
amount or earnings in the present year were only $ 159,00 J, a falling
off of $212,000.
The West Shore, on the other hand
ratio, the figures being 41,515,778 bushels or 77 per cent,
year, except
advert.
The total receipts are
t
102
THE CHRONICLE
increased its total from $192,000 to $318,000, or $126,000.
The other roads show but slight
changes. For the month
the Frie and the Lackawanna exhibit
enue,
a
diminished
rev¬
while the New York Central and the Pennsylvania
record
an
increase.
WEEKLY RAILROAD EARNINGS.
There is
change in the character of the reports of earn¬
ings. A few of the roads in the winter-wheat belt show a
falling off for the second week, but this is natural in view of
the very heavy gains a year ago on account of the
large
movement of wheat. Notwithstanding this decrease,
however,
there is an increase on fifty-four roads of 12*83
per cent.
no
2d week of
July.
1387.
1886.
Increase.
commercial
operations. That a favorable comparison would
presented was fully anticipated and no surprise lias there¬
fore been expressed at the profits earned.
Considering,
indeed, that money has ruled higher in value than in 1886,
be
and that there has been
a distinct increase in Stock
Exchange
speculation, the general idea was that not only would last year's
dividends be maintained, but that they would
perhaps be fre¬
quently exceeded. It is therefore somewhat a cause for dis¬
appointment that the return is not generally better than for
the first six months of 1886.
The Union of London has not done
than maintain the
dividend, as the extra amount carried forward counts for but
little.
The London and Westminster comes out well
that not
$
....
*
5 i,4O0
40,37a
13.090
2s.029
15 412
230.OOU
4 lf33i
41,048
215,000
29.377
Chicago Mil A St. Paul..
Chicago A West Mich
432,OOU
4
Cin. 1ml. St. L. A Chic
Cincinnati Jack, A Mack.
Cin. Richmond A Ft. W..
Cincinnati Wash. A Balt.
Cleve and Aloon A Col...
Cleveland
Mar otia....
Col. A Cin. Midland
47,430
8,084
Chicago A East. Illinois..
...
Dayton Fort W. & C
Denver A Kio Grande
Det. Lansing A Noitliei n.
Evansville A India’polis.
Evansville A icrreH....
Flint A Pere Marquette..
Ft. Worth A Dcnv. City..
Grand Rapids & Ind
Ind. Bloom. A Western..
Kingston A Pembroke....
Keokuk & Western
Lake Erie A Western
Long Islaud
Louisv. Evans v. A St, L..
Louisville ANashville....
Louisville N. Alb. A Chic.
Maiquette Hough. & On
Mexican Ccntial
Milwaukee L. rt. A West..
Milwaukee ANorthern...
Minn. & Noi thweste.n...
N. Y. Ontario A Western
Norfolk <Sc Western
Northern Pacific
Ohio & Mississippi
Peoria Dec. A Evansville.
6t. Jos. A Grand Island..
St. L. Alt, Sc T. II. (M. L.)
Branches
St Louis Ark. A Texas...
St. Louis & San Fran
St. Paul (Sc Duluth
Tol. Ann Arbor & No.Mieli
Toledo Sc Ohio Central..
Wabash Western
Wheeling & Lake Erie....
Wisconsin Central.......
Minn. St. Croix A Wis.
Wisconsin A. Minnesota
Total (54 roads)
$
1.700
52,700
25. 0 1
12,350
0,910
11,853
11,528
0,83 2
9,S3(*
1,205
5,710
3,855
152,50(1
17,197
1,282
1*28
5,098
733
j
8,540
3,223
5,4 7
2,514
5,h22
679
155
37,211
97,014
10,*38
3 *,*'43
87,570
6,56 9,438
10,011
275,*00
27,4*20
272,2 2
77.811
July.
1837.
,
,
t
The
Prev’ly rep’tcd (~0 roads)
Atlantic a Pacific
89
....
400
..
22,738
3,213
2,932
32,1*0,
6.5751
14,4 02 j
93,281
11,52
1st
....
p
Burlington G. R. A No...
California Southern
Cincinnati Jack. A Mack
Cin. N. O. A Texas Pac...
Alabama Great So
New Oilcans A N. E
Vicksburg* Meridian..
Vicksburg Slirev.
A Pac.
Cincinnati Wash. A Balt..
Cleveland Akron A Col...
Col. A ( in. Midland..
Den. A Rio Grande West.
Flint A Pere Marque te..
Florida R’way A Nav. Co.
Grand /rank of Canada..
Houston A Texas Cent...
Kansas City Fort 8. A G.
Kansas City Spr. A Mem.
Kansas C. Clin. A Spr..
Memphis A Charleston
N. Y. City A N< rthern..
Ohio A
..
21,39
8,123
50,381
23,861
8,24 8
6,99.-:
6,697
42,299
11,953
6,789
1 8,025
56.301
21,040
•
2,710,019
300,27*.
347,7 87
Increase.
10,000
Consolidated
London Joint Stock
12^
12,-16
4,50 3
Imperial
....
....
Decrease.
Wheeling A Lake Erio.._.
Total (71 roads).
Net increase (13*45 p. c.)
9
305,84
085
10,059
9,941
7,2u 2
0,828
1,420
0.270
5,0 10
33.338
1C,813
7,242
16,925
41,037
2 *,305
723
1,140
453.
15,264
31.012
3,741
21,908
9,044
29,0(»l
5,669
79,573
13,008
23,33.
12,054
82,395
12,5-9
3,987, ^20
3,514,3t 5
503.925
318,239
4.015
quieter
The
874
250
2,8.22
reliable nature
7,000
0,*’<)0
13,8 19
12
8
8,COO
4,313
7,000
15
5,000
12 V
12
4,735
6,739
8
12,773
market has prevailed. Gold is still wanted
reserve
is
£12,805,000 and the stock of bullion
about£1,500,000 more than last
now
year.
The rates for money
case
have been
as
follows:
Interest allowed
Oven market rates.
31,001
correspondent.]
London, Saturday, July 9, 1887.
publication of the dividends of some of the leading
joint stock hanks has placed us in possession of some evidence
a
5.( 00
,
12^2
10
9
12
6
14
5
LOIS
The
of
money
£22,489,000, being in each
for dennsitM hu
(2_!
London
£U o a eta v y|(i*o mine vcial g noUsltiXcxus
our own
24,000
5,s00
floating balances and the commercial demand is
light, rates have fallen away.
Short loans can be had at
Yz per cent, and three months’ bills are negotiated at 1}. & per
cent.
The changes in the Bank of England return are what
are usually looked for at this time of the
year, when payments
are heavy.
An increase of £580,150 in note circulation and a
decrease of £746,697 in bullion have diminished the* reserve by
£1,326,847 and lowered the proportion from 43*00 to 38*35 per
cent.
472,861
[From
10*
5
15
6ba
increased
1,' 57
8,961
i.ioo
Carried
Forward
withdrawal,
have‘materially
744
7,438
annum.
for export, but there are no signs of an extensive
and meanwhile, as the dividend payments
-8,040
4»\4 in
V c. ptr
Including 1 per cent for the half-year.
A
26,665
14,714
37,418
4i ,205
45,923
11,-Of
Mississippi
$
7
Loudon A Westminster
London A Yorkshire
Manchester A County
Union of London
Nationa' Discount
Union Discount of London....
*
half of 1886.
Dividend
£
7
10
10
City
42,185
ls(
£
Alliance
increase of 13*45 per ct.
1.341
40.315
4.412
4.05S
358,554
41,-00
for ward.
.
1,1«2
11,279
3,079
13,079
$
47,370
Carried
c. per
annum.
4,374
3,280
2.3 J
20,907
*45,03*2
13,357
half of 1887.
Dividend
27,894
22.7.: 3
2,054,599
far announced have been
so
:
5.919
91.141|
41,* 81
per cent and carries forward
than in the
329
15,000
2,993,780
one
principal bank dividends
follows
as
u
$
bonus of
brilliant.
893
34.340
1886.
more
seeing*
its dividend but presents the
up
corresponding period last year.
has been exceptionally
placed. It lias of course participated pari passu with other
companies in the bona fide development of trade and the
increased demand for Stock Exchange loans, but it must be
remembered that it also made a handsome profit out of the
transformation of Samuel Allsopp & Co. into a
public com¬
pany. .The Alliance, which does a good Stock Exchange busi¬
ness, has also done well, paying % per cent more than last
year, and the London Joint Stock shows a similar increase.
Whilst the results so far disclosed are fairly good, it is clear
that profits must have been cut very fine.
The competition
for bills has, we know, been very keen, but then
during the
earlier months of the year full rates were
charged for Stock
Exchange loans. The statistics of the Bankers’ Clearing House
show that a much larger amount was turned over
during the
six months just concluded than was the case in
1880, but
apparently profits did not increase in proportion, or the balance
sheets of the joint stock banks would have come out better
than they have done. Shortly we shall be able to judge of the
results of the half-year's working on the
leading English rail¬
ways.
It is significant that the course of speculation in these
securities just now is of a “ bearish ” character, from which it
may be inferred that the dividend prospect is not regarded at
3,293
14,G50|
an
.
21,355
30,551
22.974
For the first week 74 roads shows
...
997
Net increase (12*33 p. ct.
1 si xceclc of
0,381
15,-44*
15,410
.
17 3 la
7.659
*
7,-09
18,830
3,05S,403
11,7 3
7,125
23,440
31,9521
59,884
241,701
81,110
121,175
12.0-5
31,002
6, vi 5 9
*■
■
927
55,940
10,094
14,74
*3,30
14,600
40,259
113,879
35,324
9,507
_
6.598
3 {,000
14,951
_
152
45.511
03.-35
_
234
1,300
5 4,( 51
87,37.''
73,250
18.353
17,190
32,919
81.239
m
2,597
46,*29
33,330
m
628
11,328
8,52 i
40,455
m
4,788
11,711
37,975
8,031
D‘,231
302,920
45,309
„
•..
140,7 8
18,557
5,0.13
19,015
4,881
16,118
49,30 *
17,155
2,704
.......
9,147
4.901
4.730
0,344
8 013
28,852
........
7,03*
32,48 L
37,582
1,740
21.000
24.350
50.20
7,7*2
£17,000
a
more
But the London and Westminster
.......
30,120
only does it keep
shareholders with
Decrease.
some
Buffalo N. Y. & Plilla
Buffalo Koch. 6c Pittso...
Cairo Vincennes A Clue..
Canadian Pacific
Chicago A Atlantic
(Vot. XLV.
respecting the results of the half-year's
uann mas.
lraae
mus.
Joint
£
e
Three
Four
Three
Six
Four
Six
Months Months Months Months Months Months
Stock
THse.'t. FTm*.
At
7 to 14
Banks. Call.
Days.
~
June
“
“
“
July
“
7A<3>1
3
1M®
10
„
*
1
17
2
1
24
2
U4*3 1564 lVfr&l X
1\ 2
8*
2
&
—
mz
lMfa2
\Ha,2
WQ - i m - 1H&2
mam m^m FH-ftS
2
!«■« 2
-
-
-
-
—
-
ih®
-
W«2 M
1?4S21<
1
H
1
1
1
-1
IH«2
1->4(4-2
2 &24 2VX%2%.
l>4<§-2 2
1
1
-1
1
-1
1
H
U
H
H
1
%
1
-1
1
-1
1
-1
England, the bank rate of discount, the
compared with the past three years:
-
excluding 7-day and
Circulation,
price of consols, &c.»
1887.
1880.
1885.
£
£
£
Government securities
Other securities
Reserve of notes and coin
Coin and bullion
Reserve to liabilities
£
28,225,605
5,837,610
shows
23,182,008
14,225,736
24,701,341
43 p. c
2 p. r.
market rates at the
previous three weeks
of discount and open
chief Continental cities now and for the
have been as follows:
Tiie bank rate
last year.
The Board of Trade
returns just issued for June and the six
hardly be accepted as affording a fair criterion of
the real state of trade, at least so far as the past month was
concerned, during which, owing to the jubilee festivities, the
check to business was decided and general. The exports for
June exhibit a deficiency of £1,215,635 reducing the gain for
months
Bank
Open
Bank
Open
Rate.
Market
Bate.
Market
Paris
Berlin
Frankfort
3
Hamburg
3
3
June 17.
Bank
Rate.
Open
Market
Bank
Open
Rate.
Market
2«
2%
m
2*
3
2%
3
2H
3
3
3
3
2%
2%
2%
2
2*4
2
2*
Amsterdam
2H
Brussels
3
'2M
3
m
3
2%
3
2*
2)4
2%
lH
2H
Madrid
4
4
4
4
4
4
4
4
Vienna
4
SH
4
3%
4
3«
4
syi
St- Petersburg..
5
5
5
5
5
4*
5
5
Copenhagen
3
3
3
?
3
3
3
3
3
3
Messrs.
1U
3
1H
1H
3
3
half-year to £934,128. The falling oif for the month is
exclusively in manufactured articles. As regards the
imports there is a loss for June of £1,543,724, making the
increase for the half-year £8,026,516.
The following are the totals of the imports and exports dur *
ing June and the six months:
Re-exports Foreign—*
/—Imports Foreign—* r- Erports British <£—,
<£ Colonial Produce.
Irish Produce, die.
<t Colonial Mdse. <tc.
June.
6 Mos.
June.
0 Mos.
Jane.
6 Mos.
r
ji
jg
£
£
17.7t7.2S9 104.493,0S8
1 ^5.... 29.23i3.9S4 180.927,401
4.810.513 21,073.823
2a. 101.941 170.840,041
18,5Id. *7(5 101.301,7,52
4.210,500 27,000,711
27.555,217 17?.807,159
17,320,441 104.293.80J
4,808.503 3j.139.298
the
Bates of
Interest at
3
3
following shows the imports from the United
during June so far as enumerated in the Board of
The
Pixley & Abell write as follows on
the state of the
Gold-Although all amounts <ffering in the open market met with
ready sale, there has been some falling oil in the demand, and the Bank
has lost £ 346,0)0, of which £101,'0> only was
for New Y irk, the
£18,000
£20,000 from
balance being required for Lisbon and South America. Only
has been paid in. £22,000 lias arrived from Brazil and
Central America
Silver—With lower rates from the East and no speo’al requirements,
silver weakened until 4378'L was touched; but wo have now—conse¬
quent partly on scarcity of the metal, and partly ou
a
demand f<'r India—to report a rise to 44 l-16d, £16,000 fas arrived
from Nrw York. The P. A O. steamer takes £ 10,400 to Bombay.
Mexican dollars have slightly improved, and to-day’s quotation
43 %d.
account of
is
quotations for bullion are reported as
SILVER.
London Standard.
London Standard.
July 7.
gold, fine., .or.
Bar gold,
77
June 30.
d.
s.
9
s.
77
d.
Span, doubloons.oz.
June 30.
d.
d.
os.
44 1-10
44 7-16
r
44 1-16
Bar
contain’g
80 dwts. silver.oz.
July 7.
silver,contain¬
ing 5grs. gold.os
Bar silver
9
77 10
77 10
•••
Cake silver
....
ox.
Mexican dols...oz.
S.Am.doubloons.oz.
44 7-10
47)4
47)4
43V*
new
Indian Government 4 per cent
Capital.
Name.
Emu
V^n Dieman’s Land...
4 Vg per cent debentures
of Western Australia 5 per cent
Bay A Mount BischolF Railway of
Do.
Do.
Great Southern Railway
bonds, tenders it. vit* d at par
North Eastern of Urnquay Railway O. £ 10 preference shares
North Eastern of Urnquay R tilw ty Co. £
nary shares.
Natural Portland Oment Co. (Limited) £3 shares
Natural Portland Cement Co. (Limed) 4 per eeut debentuies
,
10‘ord
Gj rapio G >lden Crown Mining
£1 shares
Christy A Co. (Limited) hat
Co. of Queensland
(Limited)
manufacturers, capital privately
subscribed
Roburite Explosives (Limited) £'0 shares,
of ordinary, and 7 per cent preferred
Birmingham Corporation 3 per cent
1
equal amounts
stock, teaders invited at
minimum o* 02
Debenture Guarantee A Investment Co. (Limited), 100,000
£10 shares, one-lialr io be now issued
Junction Reefs Gold Mines (Limited) £1 shares
Santi FeA Reeonquis a Riilway (A' gen tine
per
cent mo tirage bonds issued at 80
Dan O'C nuell uold Mining Co. (Limited) of Queensland,
shares
.
Eureka Refrigerating Co. (Limited), £1 shares.
Venezuelan Austin Gold Mining Co. (Limited) £1 shares def..
Venezuelan Austin Gold Mining C<». (Limited), £ tOpref. shares
Arnold A Co. (Limited). 4H per cent debentures
Arnold A Co. (Limited), 4,f00 £10 >hares
Republic) live
£L
Imperial College (Limited), £5 shares
Metropolitan Music Hall Co. (Limited), £3 shares
Wellington Harbor Beard 4 ^ percent debentures, tenders in¬
vited at 97 ^ per cent
No. I North Phccuix Gold Minicg Co. (Limited), Queensland
£1 shares
Numidian Marble Co. (limited),
Trade
£3 shares
No.
No.
No.
Oxen and bulls...
Cows
11,745
£193,918
1,647,323
830.435
650,274
775,355
533,024
316,252
349,139
606,945
2,o2-,037
1,091,647
12,903
2,660
74,683
4.019
81,434
27,380
Sugar, refined ....
..tons.
Copper ore
.. .
Regulus, Ac..... ...tons.
Unwrought and partly
£60,000
L2b,000
100,000
400,000
400,000
10<\000
25,000
110,000
300,000
250,000
1,000,000
500.000
250,0n0
600,000
350,000
200,000
28.117
58,093
200,741
7,722
12,357
‘77,0=14
19.819
16,751
16,031
*21
9,022
2,2 >3
94,315
1,735
82,512
85,167
130,178
9,969
220,967
104
135,265
3.521
142,517
24,405
3,477
43,564
51,085
5,073
2,110,586
27,930
346,166
2,010
444
133,879
66,814
34,226
60 2 33
35,593
11,186
31,193
23,122
110,690
7,022
103,063
47,283
59.797
7,305
......
■
1,983,938
of British and Irish
June, as far as can be
93,652
produce to the
gathered from
statistics:
■
Quantity
1886.
ale
Salt
Spirits
bbla.
tons
-Value—
1886.
£555
1887.
95
1,567
11,214
6
1,°93
No.
Horses
13,090
8,6 L\
12,748
2,335
12,807
78,125
16,9 L3
4,S04
piece goods...yds. 2,877.800 2.81*, 00
Jute—Yarn
lbs. 2,l26,5oO 1,399,100
Piece goods
yds.10,000,500 10,035,300
7,374
galls.
361,100 1,484.900
lbs.
Wool
Cotton
lbs
159,3 )0
goods..yds. 4,556,900
7,691
Silk broadstutts.
yds.
Other articles of silk only
Articles of silk and other
Linen—Yarn
Piece
materials
Woolen fabrics
Worsted fabrics
Tin. unwrought
Lead..
tons
cwts.
tons
3r\363
96.734
1,611
3,284
3,926
11,684
1,056
15,984
97
201
11,837
4,518
24,8 33
223
92
200
60
62,894
116,473
165,422
9, LT7
31,274
127,146
t,290
53.137
8,781
2
4,434
1,598
6,490
437,912
25.367
35,531
=
3,511
35.297
313,071
126,076
1,130
1,162
3,531
45,722
of maeliinerj\
6,562
210,069
17,690
224,638
10,430
15,083
7.254
572
760
560
397
Skins aud furs
Stationery,oth’r than pap’r
■Quantity.
1806.
The movements
2,787
126
Steam-engines.
Apparel aud slops
Haberdashery & millinery
Alkali
cwts.
4,149
181
2,505
31,821
12,591
73.022
2,232
117,167
2.945
15.291
57,500
1887.
£1,583
7,592
10,012
1,749
65/52
76,265
6,045
103,953
3,693
63.323
90,085
214,937
628.40 )
44,23 5
tons
8teel, uuwrouirlit
6,073
3*6/337
tons
Railroad
Hoops, sheet, Ac.tous
Cast and wro’t-.tons
Old, for remnftr.tons
Tin-Plates
88,300
2,548,600
’
79,123
4,548,300
478,900
yds.
yds. 3,7; 1,9 )0
75,700
yds.
Carpets.
Hardwareaud cutlery....
Iron and steel—Pig...tons
Bar, angle, Ac..tons
Other kinds
253,236
135,363
149,700
the exports
United States during
120.000 Bags and sacks
doz.
100,000 Cement
cwts.
50,000 Earthenware A porcelain.
50.0JO Paper—Writing, printing,
Ac
cwts.
60,000
All other kinds.cwts.
40 OjO
75,000
95,u00
50,000
•
..
23,634
151,160
1,720
•
...
17,6 >2
60.0 i 7
411
136
wrought
896.834
...CWt8.
Cotton, raw
48,970
Tallow
9,603
WoodA timber—Hewn.lds.
41,330
Sawn and split.. ..loads.
No.
Clocks
2,092,4 12
Leather,.;........,
Beer and
S143
.
40
3 »,869
*
these official
13
Tlt
...CWt8.
are
829,603
1,116,551
62,618
88,62 8
Butter
Below
1,405
192,794
14,366
Hams
Meat, uuenumerat’d.cwts.
£229,9 49
20
703
...cwts.
Preserved
Pork—Salted
9,473
2,123,453
Beef—Salted
-»
1887.
1
8heep and lambs
Wheat —Atlau. ports.cwts.
Pacific ports.... ...cwts.
Flour
Bacon
Fresh
Valx ic.————
1887.
1886.
—s /
■
1806.
_
loan for <£2,000,000 is
announced, subscriptions being receivable at Calcutta and
Bombay up to August 2nd, but none here.
It is stated that the new German 3j^ percent loan for 100,000,000 marks litis been subscribed for in Germany seven times
over, Berlin alone offering four times the amount required.
The tenders for the £200,000 four-and-a-lialf per cent debent¬
ures of the Melbourn Tramways Trust Company amounted to
£650,000 at prices ranging from the minimum of £105 to
£106 15s. and the average obtained was £106 6s 8d. per cent.
The new capital creations for the week are as follows :
A
-Juantily
Cheese
Fish
Lard
follows:
GOLD.
Bar
States
returns:
bullion market.
The
can
almost
June 24.
July 1.
July 8.
1876.
which 50 were work¬
ing on Cleveland ore, against 94, including 65 on Cleveland ore;
there were 95 furnaces, of
June this year
2 p. c.
2HJ p. c.
100}-*
99^
1013*
130,662.000 132,389.000 110.745,000 114,237,Or 0
Consols
Clearing-House return
a
May 31 of 4,145 tons, the stock at the end of June being
614,937 tons. The make of pig iron during June was 211,053
tons, of which 105,000 tons consisted of Cleveland metal,
against 218,480 tons in May. In June, 1836, the total was only
202,131 tons, but of that 130,641 tons was Cleveland metal. In
27.059,553
13,579.571
2 p. c.
101 9-10d.
Bank rate
of the Cleveland Ironmasters’ Association
decrease in the stock of iron in the Cleveland district
The June return
from
1884.
25,531.43C 25,567,010 25,812,460
6.208,204
5,975.965
6,042,997
27,164,047 25,815.515 32,300,404
17,439,551 16.282.5*7 17,054,990
20.907,341 22,235.831 22,353,707
12.805.202 11,300.884 17.139,867
22,589,692 21,12 4,894 27,2 j2,32 7
44& p. C.
3S’35 p. c.
35% p. c.
other bills...,
public deposits
Other deposits
of
the position of the Bank
following return shows
The
103
THE CHRONICLE
1887.]
July 25,
in the precious
1,075
7 55
7,132
41,9 16
6.T36
11,544
13,309
6 1,673
2,065
20,730
64.804
972
29.555
67,180
73,707
2,285
2,055
2,552
46,354
8,431
1,221
57,145
6.833
■Value.
1837.
1836.
1387.
metals have been as follows
To and from United States.
To and from all Countries.
GOLD.
1685.
1880.
£
6
mo
t
s.
Exports in June...
Do
6 months.
1887.
1885.
£
£
£
8u0,74H
0,385 29 >
439, “inv*
2,473,210
Imports In June...
Do
1880.
1887.
£
£
1,273.209
535,383
5,192.723
908,591
0,955,910
3,370,171
30,160
39,800
277,519
1,503,529
1,022,121
1.092.1 >4
7,018,099
520.122
340
857,753 2,881,113
17.480
2 ',000
2.408
.
99,009
SILVER.
Imports in June..
Do
6 months.
Exports in
Do
ure..
0 months.
885,439
4,850,^98
024.990
527.099
3.892,765
7:^8,21n
5,344,101
710,801
3,875,550
3.058,923
490,289
3,830,225
108,5«8
855,080
131.121
5.029
01
Wheat has remained
weak, the advantage continuing with
buyers. The slight hardening at New York, the reduction of
some four million bushels in the American visible supply and
the contraction in the quantity of wheat and flour on passage
have failed to steady the trade, which is now solely regulated
by the weather. Whilst the tone is weak, there is no apparent
reason why much depreciation in values should occur prior to
the receipt of the new crop.
Compared with a year ago the
supply of wheat in London has decreased nearly 200,000 qrs.,
and the stock of flour is 17,000 sacks less, and this notwith¬
standing that the imports of wheat and flour during the season
have exceeded those for 1885-86 by 4,200,000 cwts. It may
however be presumed that the stocks of home-grown wheat in
farmers’ hands now are materially in excess of what they
were a year ago, considering that the sales so far in the
leading
markets have been some 600,000 qrs. less than that season.
The following refers to the stocks of the undermentioned
articles in London:
Wheat
July 1,
April 1,
1887.
1887.
(qrs.) 15l»,G27
47,785
33*,361
46,850
(sacks) 311,750
Barley
Oats
Maize
Flour
July1,
1S86.
288,673
81. >02
357,139
43,87 *
337,096
51,991
329,088
616,671
59,984
397,145
Messrs. Beerbohm estimate the stocks of wheat and flour in
the country as follows:
London
(qrs.)
Liverpool
July 3,
Jan. 1,
1887.
1887.
159,627
365.525
357.139
972,943
358,405
64 000
50,8 >0
78,213
34,172
6 9.310
Bristol
Glouc ester
70,159
60,100
Glasgow
29,177
9,825
110,000
50,780
19,198
Leith
Hull
Fleetwood
Newcastle
Sunderland
ports
115,300
14^,717
37,039
101.000
26, 86
33,926
19,400
1 .',000
1,649,835
1,191,882
1,«03,917
6:0.000
650,uOO
80 >,<>00
2,279,835
1,841,882
2.46.3,917
(qrs.)
Total wheat and Hour
lOu.OOO
The
following shows the imports of cereal produce into the
Kingdom during the forty-four weeks of the season,
sales of home-grown produce, &c., compared with pre¬
United
the
vious
seasons:
IMPORTS.
1886-87.
1885-86.
Wheat
OWt. 43,522.899
41,831,202
Barley
Oats
Peas
Beans
14,777,038
11.636.952
2,203,209
2,198,547
Indiancorn
25.201,909
Flour
14,579,344
9.230,438
9.339.876
:.677.886
2.76J.238
25,111.877
12.Oo4.715
1884-85.
1883-84.
46,469.661
14,8*2.311
10.911,281
1,752,530
2,917,894
42,380,651
22 8<8,92G
23,o8L.23>>
14,611,191
l2.ef»2,437
ls.368.404
10.5I0.99L
1,5 >7.272
2,498,668
Supplies available for consumption (exclusive of stocks
September 1):
1886-87.
Imports of wheat.owt.43,522.899
14.579,344
Bales of home-grown..29,31* ,161
Imports of flour
Total
87,412,401
46.469,661
12,' 04,715
37,657,532
14,oil,191
36,718,836
1883-84.
42.380,651
12,852,437
36,662. L06
91,493,149
97,79.9,691
91,895,194
Aver, price wheat
maize
week. 35s.
Od.
33s.
Od.
season.
1884-85.
1885-86.
31s. OH.
30s. 8d.
1884-85.
33s. 3d.
33s.
2d.
Wheat
qrs.
Flour,equal to qrs.
Maize
qrs.
English
Last meet:.
1,987,000
165.000
1,922,000
153,000
351,000
346,000
Financial
1886.
188.5.
2,360,000
2,181.000
200,000
200,000
322.000
501.000
markets—Per Cable.
The
are
following national banks have lately
Citizens’ National Bank of Norfolk, Nebraska.
Capital,
C. A. Mast. President; Geo. L. lies, Cashier.
First National Bmk of Calvert, Texas. Capital, $80,000.
J. 8. McLendon, President; J. A. Foster. Ctshier.
First National Bank of Monrovia, Ca ifornia.
Capital*
$50,000. John F. Bro3«*art, President; Joseph F. Sartori,
$ 0,009.
Cashier.
Second National Bank of H *boken, New Jersey. Canital,
$125,000.
Rudolph F. Rabe, President; John P. Sell rlfleld,
Cashier.
First National Banx of Mankato, Kansas Capital, $50,000.
George H. Case, President;,George 8. Bishop. Cashier.
Carbonate National Bank of Lea Iville, Colorado
Caoital,
$100,000. David H. Dougan, President; John C. Mitchell,Cashier.
Sault Ste Marie National Bank, Michigan.
000.
James
Cashier.
H. Eiston, Pres
dent;
Capital, $100,-
Theodore \V. Burdick,
Ci izms’ National Bank of Concordia. Kansas. Capital,
$ 100,ou0. William W. Caldwell, President; Caarles P. Tilden,
Fi st Nati >nal Bank of Lamar, Colorado. Capital, $50,000.
Josiah 8. Springer, President,; T. H. Cecil, Cashier.
Third National Bank of Plqua. O.
Capital, $100,000.
President; Dwid N. Reid, Cashier.
First National Bank of Cimarron, Kail." Capital, $50,000.
Jacob W. Rush. President; Alfred W. Metcalf. Cashier.
Quincy National Bank, Illinois. Capital. $L00,000. Julius
Kespohl, Pr sklent; Joseph B >ohmer, Cashier.
Oglethorpe Nation il Bmk of Brunswick, Ga. Capital,
$10o,<i0j. Max Uiirnau, President; John L H. Henman,
Lewis Leonard,
Cashier.
First National Bank of Harrisonvilla, Mo. Capital, $50,000.
President; 8. E. Browne. Cashier.
Citizen's National Bank of A >ica, Tnil. Caoital, $50,000.
Zimri Duiggius, Pres deut; John W. Paris, Cashier.
Wiimot Saever,
Imports
and
Exports for the Week.—The
imports of last
week, compared with those of the preceding week, show
a
decrease in both dry goods and general merchandise.
The total imports were $8,129,868, against $9,774,299 the pre¬
ceding week and $9,570,575 two weeks previous. The exports
for the week ended July 19 amounted to $7,218,259, against
$6,812,761 last week and $5,870,686 two weeks previous. The
following are the imports at New York for the week ending
for dry goods) July 14, and for the week ending (for gen¬
eral merchandise) July 15 ; also totals since the beginning of
the first week in January
:
FOREIGN IMPORTS AT NEW YORX.
For Week.
1884.
Dry Goods
'len’liner’dise..
Total
Since Jan. 1,
Dry Goods
9en’l mer’dise..
1885.
1886.
1887.
$3,709,710
6,680,579
$2,187,129
$2,24«,966
$2,167,521
5,161.725
5,202.716
5,959,315
$10,390,289
$7,343,854
$7,451,632
$8,126,866
$62,772,259
176.281,790
§5L.282,985
$61,719,652
$64,869,215
150,485,640
170,; 5 o,04l
189.150,357
Total 28 weeks. $239,054,049
$201,768,6 25 £232,475,693 £254,019,572
In our report of the dry goods trade will be found the im"
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 19, 1887, and from January 1 to date:
EXPORTS FROM NEW YORK FOR THE
.
'
1884;
1885.
WEEK.
1886.
1887.
•
For the weok...
Prev. reported..
Total 28 weeks.
The
at the
$7,105,070
$6,123,523
$6,305,533
$7,218,259
159,413,233
172^542,097
15 *,080,567
157,3u9,589
$106,518,353 $178,665,620 $164,386,100 $164,527,348
since
following table shows the exports and imports of specie
port of New York for the week ending July 16, and
January 1, 1887, and for the corresponding periods :n
lb86 and 1885:
EXPORTS AND IMPORTS OF SPECIE AT NEW TORS.
1883-81.
37s.
Id.
38s. lid.
following shows the quantities of wheat, flour and
afloat to the United Kingdom:
This week.
33..7755421——TThhee
National Banks.—The
been organized: 5
on
1885-86.
4I.831.2o2
1886-87.
Aver, price wheat
The
333...777544405698———TTThhnhee-
[VOL. XLV
Commercial and miscellaneous Bears
106,000
20,000
93,< 00
Total
ir above
1886.
90,000
43,9“0
15,026
Dublin
»ur
July 1,
11,263
10,816
18,222
66,496
Londonderry
Stock of 11
33..774412——TTI'lhh-ee*
THE CHRONICLE.
104
daily closing quotations for securities, &c., at London
reported by cable as follows for the week ending July 22 :
Iniports.
Exports.
Gold.
Week.
Jreat Britain
Prance
3e ill any
West Indies
Mexico
South America
All other countries...
....
Tstai 1887
Total 1886
Total i 8 15
$1,100
Since Jan.1.
.
$73,748
Week.
Since Jan. 1.
$
$1,578,107
1,507,105
1,413,782
3,250
14,707
868
968,101
2,331,567
493,281
115,842
li* 7 72
4.625
173,079
439,139
7,410
90,228
$5,942,024
$621,158
112,899
148,572
$6,197,300
3,172,319
5,638,425
$......
$57,397
2,1
$5,218
7^00
6,100
36,935,507
$144,250
5,700
$4,823,070
623,773
6,300,263
1,420,249
8,690
Silver.
London.
Silver, per oz
d.
Console for money
Console for account
Fr’ch rentee(ln Paris) n
U. 8. 4ke of 1891......
U. 8. 4s of 1907
Canadian Pacific
Chic. Mil. & 8t. Paul...
Erie, ecu.men s*ock...
Illinois Centra]
Pennsylvania
Philadelphia* Reading
New Vor*7 Centra1
j
Sat.
.
Tues.
Mon.
44110 ! 443-6
lt'lt>,6 10 1 9jg
101 V, 10U'
„
4-1 b
1M*,»
1013*
8 1 *22*41 81 • 1 2 k 8110
‘ H78
1 11 "8
111%
131
1 3 1 k
13 1k
62 k
62%
025s
M,7S
31 78
] 90
: 32b
F-0%
120 k
57
29
112k
j
i
5 7 r>s
29 b
113
9b
3 1 7g
8
i
it'7
57 k
11251
4real Britain
1
Wed.
44
101
1'' 1
3g
58
r>8 '
Thurs.
44
101
*
it-
<b.
10111^
Fri.
447,P
uj0
81-15
101
81-20
8 1
* !
1 1
131
i 1
lk
Ilk
13 I
62 k
89
32 k
127
3l^s
6*3*
78
02 k
8b 7s
32k
i 27
7 q
57k
57 k
29
29
1123;
H278
■39
3". a.
27 b
57 5d
29 b
113%
France
derm an,
Vest Inti es
Mexico
iouth America
Ml other countries...
Total 1387
Total 1886
Total 1385
114.590
120.410
1,480
5,200
1o,58l
50,305
26,673
$lf 6,630
$5,775,407
77.8w2
5.895.512
537,592
9,626,731
Of the above imports
American gold coin and
1,379
146,715
4,8 2 2
370,964
1,5 8
54,428
195,621
290, ±79
46,658
$53,038
26,-4 J
30.0
>9
$1,116,983
869,854.
1,015,56 7
for the week in 1887 $499,288 were
$6,607 American silver com. Of the
exports during the same time $868 were American gold coin*
July 28,
United States Sub-Treasury.—The following cable snows
|he receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the past week:
Balances.
Receipts.
Date.
Payments.
18
19
20
21
22
“
“
“
“
“
Total
1,064,976
1.137 095
10,040.044
1,312,087
Iron
16.865,880
Coin,
$
1,713,61.2 134,732,681
984,578 134/776,9, >5
9 807,* 1 134,908.264
1.1 <4,077 1134.^71.813
1,4o9.060
.
Coin Bert's.
$
$
1,3*9,920 134.844,358
$
1.301,118
July 16
1,013,322 (135,143,657
16.053.080
Production in
13,621,126
13,410.361
Currency.
$
12,459.837
12,478,076
13,994,087
5.133,3*4
12.531,023
12,589,971
13,934.523
14,060,065
12,63' ,195
12,633,193
1
States.—The bulletin
the United
Iron and Steel
Association says:
The American Iron and Steel Association has received from
the manufacturers complete statistics of tbe production of pig
iron in the United States in the first six months of the present
also complete statistics of the stocks of unsold pig iron
of manufacturers or their agents on the 30th day
of June Inst. These statistics are not only complete, but they
are accurate.
The total production of pig iron in the United
States in the first six months of 1887 amounted to 3,051,699
gross tons of 2.240 pounds.
Our produciion in the last six
year;
in the hands
months of 1886 was 3,045,612 gross tons.
production of pig iron in the first six months of 1887
been much greater than it was if a
general strike had not taken place in the Connellsville coke
district on May 7. The reduction in the make of bituminous
pig iron was almost exactly balanced by the increase in the
make of mixed anthracite and cose pig iron, and the slightly
increased production of anthracite pig iron alone, indicating
the substitution in the first six months of 1887 of anthracite
for coke in the production of about 115,000 net tons of pig iron.
The production of Bessemer pig iron for the first half of
1887 was 1,445,674 net tons, or about 42 per cent of our total
production of pig iron. Eleven States made Bessemer pig
iron.
Of these three are classed as Southern States, namely,
Maryland, West Virginia and Tennessee. Their uuited pro¬
duction was 44,184 tons, the most of which was produced by
West Virginia for use iu the manufacture of steel mils.
Contrary to the general expectation, the production of pig
iron in tbe Southern States during the first six months of 1887
did not advance, but v as a little less than in the last six
months of 1886. The figures are as follows:
The
would undoubtedly have
North Carolina
Georgia
Alabama
Texas
Kentucky...
Tennessee
Total
Half
of 1886.
19,309
17,127
81,773
86,482
32,5H0
1,400
23,914
141,921
1,200
23,801
13 7,579
3,000
1,929
35,493
24, ^15
119,687
104,121
'
445,226
459,651
explanation of the failure of the South to make as much
progress in the manufacture of pig iron in the first half of
1887 as has been expected of her is twofold.
First, several of
her furnaces have been handicapped by a lack of coke.
Second, none of the new furnaces in the South which were
under contract last winter or la^t spring have yet been com¬
pleted. Most of th 86 new furnaces will not be ready to go
into operation until the latter part of this year or the early
part of next y ear.
The stocks'of pig iron which were unsold in the hands of
manufactuiers or ilieir agents on the 30th of June last, and
which were not intended tor the consumption of the manufac¬
turers, amounted to 264,717 net tons, against 252,704 net tons
on the 31st of December last.
The general impression has
been that stocks were greatly reduced at the close of June,
but the figures show that they were as large then as at the
beginning of the y-ar. The aggregate was, however, very
small compared with the immense consumption of pig iron
that is now in progress in this country.
The production of B ssenvr steel ingots in the first half of
1887 amounted to 1,637,572 i.et tons, agaimt 1,467,830 tons in
the last half of 1886, and 1,073,663 tons in the fir-t half of
1886. Inclu ed in >he pro oction of the first half of 1887 were
31,043 net tons of Ciapp-Griffiths ingots, against 21,561 torts in
the last half of 1886, and 24 810 tors in the first hi If of 1886.
The prod« etion ot Bessemer steel rails in the first half of
1887 amounted to 1,030,530 gross tons, indicaiing a total pro¬
duction of 2,100,000 gross tons for the whole year.
It cannot
materially exceed tue.'e figures. The production of lb86 was
1,574,703 gross tuns, including steel rai s roilel in iron rolling
The
mills.
The production of open-hearth steel ingots
of 1887 amounted to 174,400 net ton12, against 152,710
the second half of 1886, and 93,540 tons in the first
1886.
In thj .first half of 1887 we made 12,396 net
in the first half
tons in
litlf of
tons of
Open-hearth steel rails.
Tennessee Coal & Iron.—The Times says: “The recent
announcement that Air. J hn II. Inman and a company of his
friends had bought outf ight 11,000 shares of Tenne-see C >al &
Iron st ck that hul been hanging heavily on the market had
a most inspiriting elfect on the value of the securities of that
company.” * * * “Without betraying certain other things
illustration of what this Tennessee Coal & Iron Com¬
an
deserves to be taken, as a rep¬
* * A letter received a day
or two ago from an officer of the company at Nashville, says:
We have sold in ihe last 10 days 11,000 tons of iron at bet¬
ter prices by 50 cents per ton than could be obtained in May
and June.
We have now sold for delivery 58,000 tons, and
have lees than 10,000 tons in our yards.
Thus, you see, we
have been able to sell practically everything.
Our position
being so strong, we have concluded to advance prices from 75
cents to $1 a ton.
Yesterday we had an inquiry for 6,000 tons
to be delivered first six months of next year.’ ”
pany is doing—taking it, as it
resentative Southern enterprise.
“ ‘
—The committee for the reorganization of the Buffalo New
York & Philadelphia Railroad Comp my gives notice that the
holders of securities who have not yet joined the plan of
reorganization of February 15, 1886, and deposited their
thereunder, may do so upon the payment of the
present penalties until tne 10th day of August, 1887, after
which securities will only be admitted up *n payment of 10
per cent upon each share of common or preferred stock and
5 per cent upon the face value of bonds deposited.
—The Market National Bank of this city is making a step in
advance, and a meeting of the shareholders will be held on
Thursday, August 11, for the purpose of increasing the capital
stock to $800,000 and changing the name of the bank to the
securities
Market and Fulton National Bank of New York.
Company has declared its
—The Ontario Silver Mining
usual
monthly dividend of $75,000, payable at the
agency of
30th inst.
transfer
Messrs. Lounsbery & Co., Mills Building, on tbe
—The Homestake
*
Last
Virginia
West Virginia
it is safe to outline a part of a moat important
plan that Mr. Inman and his fellow capitalists are proposing
to carry out, as it is learned from high authority.
Ten of the
largest and strongest holders of the Tennessee Coal & Iron
stock agree to put their holdings in one block for five years
for voting purposes, and to take sd much of the srock out of
Wall Street entirely. These 10 holders own considerably more
than a half of the company’s stock ; they own close to twothirds.
This will 1 ave, therefore, only about?*one-third of the
company’s capital in hands outside of their strong syndicate
available for Wall Street speculation, and the bears, it is
will find
believed,
raids practically impossible,
the
market price being so easy of protection.” * * *
Mining Company has declared its usual
monthly dividend of $25,000, payable at the transfer agency
of Messrs. Lounsbery & Co., Mills Building, on the 25th inst.
Auction Sales.—The fofiowing were sold this week at
First Half
auction by Messrs. Adrian H. Muller & Son :
of 1887.
Shares.
NET TONS.
Sta tes.
of consequence,
“As
published in Pmladelphia by the American
Maryland
105
THE CHRONICLE.
1887.]
Shares.
100 Texas & St. Lou. R’wav.
20
$200
Br»adway Nat. Bank... 2663*
81 Willimantie Linen Co...
150 Peuns>Kanin Coal Co..
3 Second Ave. KH. Co
25
Broadway
Seventh
&
Avenue RR. -o
Bonds.
iso
180
$2^,000 Somerville & Rari¬
tan Gua Light Co , Os.... $12,000
269
130
Ranking aacl Iftaaactal.
United States Government and other
desirable
SECURITIES
FOR
INVESTORS.
Stock Exchange bought
All stocks and bonds listed on the New York
and sold on commission for cask.
Deposit accounts received and interest allowed on monthly
subject to draft at sight.
E A R V EV Y
28
F 1 S K
-
Nassau Street.
NORTHERN
,
&
balances,
SONS,
New York.
PACIFIC RR. SECURITIES
SPECIALTY.
A
NORTHERN PACIFIC, 1st mort., 6*.
NORTHERN PACIFIC, ‘Jd morr., «s,
NORTHERN PACIFIC (Pend d’Oreille
DIv.), Ktinoit., tfs,
JAMES RIVER VALLEY (Northern
Pacific guar.), 1st mort., Os,
HELENA Sc RED MOUNTAIN (Nor.
Pacific guar.), 1st mort., Os,
FOR SALE BY
COFFIN & STANTON, Bankers,
10, 11 ami Vi Mortimer
Building, Wall Street, N. Y.
We beg to offer subject to
Sale, at Par and Interest,
#10,500
UNION
FREE
SCHOOL
NORTH DAXSYILLE, NEW
1,
YORK, 4 PER CENT RONDS,
JUNE
DATE D
NO.
DISTRICT
1,
1887.
$1,500 due in 18SS and $2,oOl> each year thereafter uutil
Iuiei\bt and prim-ipul payable am mdiy at the
National Park Bank, New York.
Assessed Valuation,
Po>->lati >n, -
------
paid.
SI,300,000
4,500
iiicludiuv this issue, ‘20,500
We look upon ibis h curity as being as sa e. as a Government Bond.
& Cl E E E T T ,
C R I S \V O L s;
Total Indebtedness,
No. 3 Wall
Street, New York.
Moderate amounts of
the slight hardening
the present.
ghe gauluers’ (iaxctte.
DIVIDENDS*
The following
Name
dividends have recently been
of Company.
Rallroeds.
Per
\
Cent, i
announced :
:Sept.
'July
Pittsburg & Lube Erie
3
•Corn Exchange
German Exchange
Insurance.
American Fire
5
3
|j Aug.....
Iron
Banks.
July
J Aug.
WALL STREET, FRIDAY,
To-day the rates on actual business were as follows, viz.:
60
days’ sterling, 4 82£@4 83;, demand, 4 84f
($4 85. Cables, 4 85@4 85J. Commercial bills were 4 80|^
4 814; Continental bills were: Francs, 5 234^5 24| and 5 20f;
reichmarks, 94f^94|and 95^; guilders, 39 15-16@40and 40£.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
premium; Charleston buying par@4 pre¬
premium; New Orleans, commercial,
premium; bank, $1 50 premium; St. Louis, 5@10c. pre¬
selling
par;
July 21 to July
1 July 20 to Aug.
1
28;
15; Aug.
2 to
mium; selling 3-16#4*
75c.
Aug. 15
July 22, 1S87-5 F. IN.
Market and Financial Situation.—The great
There was a
was Mr. Garrett’s letter.
of the week
sterling bills onLonlon..
Prime bankers’
commercial
Documentary commercial
Prime
.•
(francs)
Amsterdam (guilders)
Paris
Frankfort or Bremen
(reiclnnarks)
4
$4 86
3 88
Napoleons
X X Rciclmiarks.. 4
X Guilders........ 3
Span'll Doubloons.15
Mex. Doubloons.. 15
74
96
58
56
401
9438*943*
95
^95*8
—
993*3)
Five francs
—93 7o
92 j•Mexican
dollars..
75*2®
79
OO
70
65
—
i
Do uncommerc’l
(Peruvian sols
Eng isb silver
...
par Tt Uprenu IT. 8. trade dollars
cold bars
97*4 U. S. silver dollars
Fine silver bars... —96%®
i
Dimes A *2,dimes. —99*2® par.
States Bonds.—Government bonds
United
j
for various coins:
Fine
clusion.
203s
(5^40*6
5 21*4®5
3P~s«>39i5,fl
Silver *43 and *2S.
®$1 90
'a) 3
® 4
® 4
® 15
®15
4 85*2
83*2
i 81 *2 ®4 813*
4 81
®4 81*4
5 23% a5 23*t
Coins.—The following are quotations in gold
Sovereigns
Demand.
Sixty Days.
July 22.
growing impression with many that the Ives negotiations were
about coming to a point and that a definite announcement
would soon be made, when Mr. Garrett’s letter dispelled all
illusions, and settled the matter finally. But even since the
publication of this letter on Thursday the Street is yet sceptical,
and there are not a few who believe that the negotiations
dropped with Mr. Ives and his associates have been taken up
by other and stronger parties, and will yet be carried to a con¬
—
75
—
72*23
4 80
®
3
—
9934®
—
993*®
•
have been dull,
other financial markets, and few transact¬
at the board. Prices, however, have
the 4s and 4$s are now a fraction
report of railroad earnings for June, embracing 113 roads, was
higher than they were a week ago.
^excellent; while the crop prospects have been much-improved
The closing prices at the N. Y. Board have been as follows:
this week by general rains throughout the Northwest.
July July ! Jahj Ju'y July
The exports of breadstuffs keep up on a large scale, and
July
22.
21.
19
18.
16.
j 20.
without some considerable advance in prices to check the
*109
*108%
*108% *1087a 109 | 109
...reg Q.
*109
movement, there is every prospect that these exports will be 4*28, 1891
>*109
*108%
*108 7s 109
*108%
4*28. 1891.... ..coup.
*12 778 *127%
*l*i73g
127
7s
*127*2
*127*4
....reg. Q.
•continued, as the foreign markets are not likely to reject Ameri¬ 4s, 1907
*127*4 1277g *1273a *127% 1277a *127%
..coup. Q.
1907
*123
*124
*124
*124
1*124 *124
can wheat at 82 to 85 cents per bushel.
Cotton also will move 4s,
6->, cur’cy,’95.—reg. J.
*125
*126
*126
*126
1*126
*126
...reg. J.
6s.
cur’ey,
’96.
more freely since the break in prices, and although farmers and
*128
*128
*128*2 *128*2 *128*2 *128
6s, enr’ey, ’97.....reg. J.
*131*2 *131
*131
*131*4*131
*131
....reg J.
cm’ey,
6s,
’98
*133
*133
planters cannot realize high prices at the present moment, it is 6s, cur’cy. ’99
*133*4 *133
*133
'133
reg. J.
far better, commercially, to start the crop year on moderate
This is the price bid at tbe morning boaid; no sale was nude.
prices than to begin with a speculative boom which is sure to
State and Railroad Bonds.—A moderate business has been
collapse afterwards.
done in some of the leading issues of Southern State bonds
There was a moderate importation of gold on the low rates
during the past week, though nothing like activity in this
-of exchange ruling a few weeks ago, but considering the market can be reported.
North Carolina special tax bonds
foreign trade statistics this movement was rather abnormal and close at 154; Louisiana consolidated 4s at 85£bid; Virginia
6s deferred at 10^ bid.
not warranted, and it is healthier to have it cease than continue.
The market for railroad bonds has sympathized with that
The open market rates for call loans during the week on
for stocks, and about the same features have prevailed iu both.
stock and bond collaterals have ranged from 2 to 5 per cent. The business has been very restricted in volume, and the move¬
To-day the rates were 3@5 per cent. Prime commercial paper ment of prices has been slight and unimportant. Some weak¬
ness
prevailed in a few classes at certain times, though the
is quoted at 6@6^ per cent.
general
tone has been firm, and no declines of importance have
The Bank of England weekly statement on Thursday showed
taken place.
No classes have been prominent for special ac¬
a loss in specie of £26,000, and the percentage of reserve to
tivity, and the usually active or more speculative bonds have
liabilities wTas 40*85, against 40*55 last week; the discount been dull and steady.
rate remains unchanged at 2 per cent.
The Bank of France
Railroad and Miscellaneous Stocks.—The stock market
gained 2,225,000 francs in gold and 1,475,000 francs in silver.
has been extremely dull all the past week, and the movement
The New* York Clearing House banks in their statement of of prices has been unimportant.
There is a continuance of
July 16 showed an increase in surplus reserve of $1,573,650, the reluctance to buy stocks which brokers have been com¬
the total surplus being $7,926,100, against $6^)52,150 the pre¬ plaining of, and the market seems to lack any impetus to start
a movement either up
or down.
It was anticipated that the
vious week.
much-discussed Baltimore & .Ohio negotiations would furnish
The following table shows the changes from the previous the desired influence, and it was ge nerally supposed that some
week and a comparison with the two preceding years in the settlement was imminent until the publication of Mr. Garrett’s
letter on Thursday morning.
In this he stated that all the
averages of the New York Clearing House banks:
Ives negotiations were at an end, that the syndicate had failed
to fulfil the terms of their agreement, and that the control
1885.
1886.
1887.
Diffr'nc's fr'm
Prev. Week.
July 18.
July 17.
of
the road remained precisely as it did before
the
July 16.
opening of the arrangements.
This caused no little
$
!
$
$
I
$
surprise and a slight flurry at the Stock Exchange, though the
Loans and disc’ts 358,487,300 Dee.lv>8«,Q00 353.615.600 307.627,700
77,757.800 Inc. 227.700 63,7-3,700 116,31 V200 ultimate effect was to cause a general rise in the market, which
Specie
7,761,500
9.737.900
8 107.500 I) »e.
12,800
The
general condition of affairs has been quite satisfactory;
statement showed a decided improvement; the
the last bank
in keeping with the
ions have been reported
been rather strong, and
.
;
*
Circulation
deposits
Legal tenders
Legal reserve
Net
Reserve held
8,416.800 Dee. 590,200 380,727,100 387.883,300
22,272,5 Ojluo .1,198,4 JO 43,069,000 45,198.100
3‘
147,550 95,181.7751 96,970,825
100,030,300 Inc .1,126,100 108,792,700:161,541,300
1
9 2,101,200 Dee.
_
Surplus
7,926,100
Inc.1,573,65ol
13,610,925[ 61,573,475
Exchange.—Nothing new can be said of the sterling exchange
market. Business continues in the same dull and inanimate state
which has characterized the market for some time past, and there
have been no features.
Rates remain firm, notwithstanding
the extreme duluess, and some drawers advanced the short rate
£c., the posted rates to-day being 4 83^ and 1 85@4 85 L
hi
of rates has stopjied the movement for
mium; Chicago, 45@50c. discount.
The rates of leading bankers are as follows:
miscellaneous.
Chartier’s Valley Gas
Pullman’s Falace Car (quar.J
The Money
1
11
! Aug.
though
gold have arrived from Europe,
Bankers’
Books Closed,
(Days inclusive.)
When
Payable.
3*2
2*2
Illinois Central
event
[VOL. XLY.
THE CHRONICLR.
1C6
was
largely helped by
supporting orders sent in in anticipation
had been no movement of any
importance. Business was almost at a standstill, and prices
fluctuated only slightly, and somewhat irregularly., under the
of
a
fall.
Previous to this there
The general tendency was upward,
the market became quite strong on
business, remaining steady on Friday with very-
operations of room traders.
however, and on Thursday
a
moderate
small transactions:
Western Union,
New England and Richmond Terminal ex¬
activity at times and were also quite strong, the
first being influenced by the rumors in regard to the Baltimore
Other stocks rose slightly in sympathy, though
& Ohio deal.
hibited
some
there have been no
special features worthy of mention.
i
JULY 23,
107
THE CHRONICLE
1887.]
STOCKS-PRICES AT N. Y. STOCK EXCHANGE
FOR WEEK ENDING JULY 22, AND SINCE JAN. 1, 1887.
Sales
of the
HIGHEST AND LOWEST PRICES.
STOCKS.
Active RK. Stocks.
Atlantic & Pacitic
Canadian Pacitic
Canada 8cmtliern...;
Central of New Jersey
Central Pacitic
-
Chesapeake & Oliio
Do
Do
56*2
773s
38
1st pref.
2d pref.
*6*2
*1034
*7%
13*4
13k
133s
13*4
*60*4
61
h 6 34
*00
7734
38
7%
77
*37 *2
02
57
5(358
77%
38*2
13%}
60*4
*13*4
60*4
55*2
763s
5 6 34
77
*37
38*2
133s
60*2
5 6 3s
77
77
3S
*37*2
12
144*2
143i*i
*10 34
*7
144
13*4
60*4
56*8
8
13
10
*6*2
8
*0*2
13
*10 *2
10
*7
144 *2 144 *2
12
10
Thursday,
J uly 21.
Wednesday,
July 20.
Tuesday,
July 19.
Monday,
July 18.
Saturday •
July 16.
13*4
*50*‘>
56
7 / *2
13*4
603s
1338
61*4
57%
13*4
56%
78*2
,
37
8
*6*2
*11
14
*7*2 10
143% 1433*
143*2
Week,
Shares
61*4
5G»4
775s
37*4
-6*2
37
12
Fridav,
July 22.
7878
37*4
>1-
......
"
......
61^8
12*2
71
25
*65
25
*
’**4*4*4
447s
125s
Lake 81ioro <fc Midi. Southern.
Long Island
Louisville & Nashville....
Louis. New Alb. & Chicago...
Manhattan Elevated, consol..
Memphis & Charleston
Michigan Central
12%|
Nashv.Cliattanooga&St. Louis
94*8
96*2
615s
96*?
62*4
04 34
00*4
17
37
28 %|
100*4
10*4
18*2
32*2
87
83
110
17
100
10
102
*13
70
70
103
1087s
10
10
*31%
30% 31*8
60% 3 60%
503s
48 7s
40%
17*8
1(>3S
32*2
17*4
10*2
1*6*2
| *16%
105J! 10*2
32 %|i
32%
185a
327s
185s
46
47
47*2
34*8
34*2
60
60*4
26%
20%
32 *4
56*2
32*8
343s
003s
4(334
4134
78
473s
45*2
78;,s
101*2 101*2
00
Paeitio Mail
43*4
43*2
*07
13*4
-
10*2
26*2
20*4
32*8
55 7s
315s
32*4
503s
32
33
70*4
j
90
30
80
104
104
110
11(3
207s 30*
1
34*i
60*4
34
*18
*31
475y
44*4
43*4
78*4 78*4
1015s L02 1 101*2 102
49
50*2 51 j
40
08*2 08*2
08*2 98*2 !
i
i
46^8
18:’>s
32 *0
32
46
43 *4
00
00
00
00
150
76
150
87
111
111%
*16
37*2
28*4
32
31
70
34
......
427h
00
150
75*2
77%
32
33
0%
40*2
1 G7s
*10*2
32*2
18*4
46%
34*4
60*^3
27*4
20 *2
31*8
17
10 34
33*2
20
46*2
313s
60%
27%
20 34
31 78
5t)r*8
32*8
450
230
21*2 Feb.
4; 62*2 May
Apr.
Jan. 28 17
I 20*4 May 26
28
May'
730 1)120*4 J’o 24 138
May
1751 17*4 Feb. 4! 2734 Apr.
47 *8.A pr.
1,330] 38 June
98%®June
39,635 90
Feb.
55ui 93 Jail. 15| 99% May
3
70*4 Apr.
Feb.
27,590 57
2,oi)0
1,590; 12
-?!
300'
57
47*8
.
51
84
July 14 95*2
7 0 00*2 Jan.
6; 94*2
41119
Jan.
l,85o 03
10
20*2
15
June 28
300 35
July 14' 48*8
4,355 20
June 24' 34*4
5,7iG! 92
Juno 24 112
105; 12
July 20’ 10*2
70t*| 76*4 July 14! 8834
3,946 106*2 July 14 114-r8
1,715 ; l(»-4 Mar. 15 j 2034
710'; 27 Mar. 12; 37*8
1,331
l,110j 65*2 Jau.
45*2 June
15:4 Feb.
15
0*2 July
July
33
9,37o: 2<i*s Feb.
9,218 50*8 Feb.
2,735; 22% Feb.
5,010 20% June
2,100; 20*2 July
38, U85!
1,520;
775!
June
Feb.
Jan.
Feb.
53
13*8 Feb.
23% Fob.
3,500; 43*2 July
45
2,765; 35*2 Feb.
1
77 *2
102
*50
5.1
43 7h
00
43*4
00
151
76
151
7G73
150
150
150
145
110*2 110*
00*2 70.
Inactive Stocks.
Central Iowa
-*4*2
*
0 34
pref.
Cleveland A Pittsburg, guar..
Des Moines A Ft. D uge
Keokuk A Des Moines
Lake Erie A Western...
Do
do
pref.
154
2<)5s
5»334
57
Marquette Houghton A On...
Do
pref.
Mexican Central
137
Morn8 A Essex
13:
Short Line
3 L 34
Omaha A St. Louis, prof
31 %
Virginia Midland
Columbus A Hocking Coal....
New York A Perry Coal
42*2
30*4
44
...
the prices
!
|
8
8
*20*8
5 7 *8
20-5a
57*8
*20
*00
21
04
10*4
130*4
*41
30-V *30*2
44
! 44
1
1
00
3734
!
!1
I
33
3
603s
00*8
/
!
I
43
31
4-1*2
*21
i
-4
!
70 *2
*r>
5
5534
93
*20
*00
16*2
*15*2
2 1
24
24
*6 *2
*30
*40
7
31
45
31
4 6 34
6*2
*30*2
*
45*2
*37
*68
*128
72
132
132
31
5*8
7*4
7 *4
1334
14
8
13%
......
......
7*8
7*8
*20
20%
5 6 *2
56
*20
88
22
03
16*2
*15.'*3
•
15
*12%
7*2
20 %-
7*2
......
20*2
567h
22
88
1
6*2
20%"
5 6:%
5 6 7s
2‘>
03
*20
*00
*
15 *2
157s
130 *4 130 *4
24
*6
6*->
31
*30*2
♦
43
*30
110
72
......
......
*30*2
45*2
30
s:
21
57
till
20 >2
*06*2
*20
*00
10*4 1 *15*2
38
-12*2
8
203s
12%
12 34
110*2 *108
31
46 ’4
31
45 *~n
38*2
31
43
3 1 *2
46
30*2
30*2
*6
7
31
44
*30*2
*40
.....
-
......
,l!
1|
37*4
50%
38*2
60 58
36%
505&
37**8
60*8
357s
37
36%
3*7 *4
50%
60*4
50*4
5978
li Ex-rights.
14
Feb.
38*2 Feb.
233s Jan.
557s May
2
20
23
27
23
May 18
6
22«8 May
38*4 May- 18
03 3s Apr. 18
June
June
May
May
May
May- 31
Mav 19
pr.
7
8
Feb.
05
Juno 28! 115
025 130*2 Jau.
4; 15038 May- 23
850;
93,550, 67*2 June
4s) 107
115
02
21
70
4:150
June
7
July 16
Jan.
5(118*2 May
Fell. 17' 75*2 May
14
24
June
6
D < / i
G% June 211 15*2 Jan.
Feb.
153 70
July 10;104
Jan.
7
380:
4*4 M ar. •/3!
7
500
July 0 10*4 Jan.
0 154
Feb.
July
06 144
June
0
15
12 *2 July
210
Jan.
7 *2 July 22! 14
300
J line 24! 24*2 May
812; 18
Apr.
June 24* 61
1,570! 53
,) une 18' 50*4 May
20
88
July 21 100*2 May
100! 13*2 Jan. 5’ 22 Apr.
9 141% Feb.
210 127*2 Mar.
10
20 120*2
Jau. 25 137
*'”*3*ii
g‘2% July 14;
7:
6
Apr. 22[
4
28
Jan.
*200; 30 Jan. 8
5
5351 20% Mar.
31
Apr. 22!
5G0j
H.d 20*2 July
lOOj
2,300!
0,486
37*4
Mar.
53*4 May 19
May 19
Apr. 18
37%
38
66
20*2 Jan.
1
21
30
14
14
11
20
5
19
18
18
2
31
9
19
8
3
19
16
1812
23
29
3
14
14
3
16
18
el!
35*2 Feb. 24
i;49 , July 13;
7,839i 30*2 J uiy
37 *4
May'
May
7
7
31
28
34rvs July
63*2 May 19
4
32*2 Apr.
355s Apr. 7
13: 30*2 May 25
58*4 July 5
241 53 Jan. 17
251 87*2 Jan. 17
8! 05
Jan. 17
27! 44% Mav 26
*>
26
0, 84*2 May
710'
38*2
the Board.
3
51 *2
37
bid and asked; no sale was made at
241
li
*50*2
37*4
51*4
37%
......
si
7|
46%
-
50%
.
4
46*2
38
51
37 l-2
Jan.
July 13! 5Sr,8 A
43:139% Jan.
*145
150
7*4
81
7*4
7*4
153*2 153*2
7*4
'
24*o
31 ~
3734
Tennessee Coal A Iron
35*4
Various Stocks, Ac. (Uni i-ded.)
Auier. Cotton Oil Trust
37*2
Pipe Line Certificates
423.J
5
1
*0*2
*30*2
QuiCKsilver Mining Co
Do
pref..
St. Louis Alt. A Terre Haute..
Southern Pacific Co
7*4
7*4
81
70
5
*4*2
7*4
5
140*2 149*2 150
110*2 110*2 100
70 *2
70*2 *68
130*2 130*2 *128
7 -*8
7*2
70
154
20*58
130
*127
7
SO
7
SO
Ciucin. Ind. Sr. Louis A Chic
Cincinnati Wash. A Baltimore.
110
71
*61 *2
130
12(3
Wells, Fargo A Co
150
'*145
*108
24|
SO
76*2 July
2,23 4 100
June 2 1:1053s
li 5134
Feb.
600) 38
370; 06*4 June 28 105%
*
Adams
American
United States
Apr.
May
Apr.
May
Jan.
May
3538 Apr.
20! 76
May
8(>(»;
7,36i; 41
May
May
May
li
Jan. 28(120
Jan. 71 05
Ju'y 10 1 lf34
1! 1207e
Feb.
3i 35%
Feb.
July 13j 63%
15
1017s
150
76%
815 113
8,250j 20
Feb.
June
4734
......
00
June
2,010| 43*8 Feb.
46
7
437b
June 28 67 34 J une
9 1617s Apr.
Jan. 27: 64*2 Apr.
1,855 112*4 July
200
*31
7
*}i
20
115
30
55 -a 5 6-">3
1 8r*s
18*8
June
56*2 Jan. 24! 683s June 4
July 12j 17 Jan. 3
00
82*2 Jau. 13
June
3
32
Jan.
21 *2 Feb.
84
Mar. 12 100
Apr. 9
855
3,500
2034
Apr.
May
1,975! 12
1,8501
30
Apr.
13
12
8
13
20
17
18
17
7
7
17
22
22
17
2,2051 54*2 July 14; 68
Apr. 11
6.220| 27*2 July 6 30% Jau. 11
35,3351130 June 24 130*2 June 1
26.->| 217s Feb. 3! 32% Apr. 14
10%
‘37*4
J an.
11*2 Jan.
1
22
16
Feb.
35
Jan. 27' 52*2
1
54*2
45*2 Feb.
1; 118*2
1,200 106
Feb.
33*4
61
0*2 Jan.
17
200
200
11,700
340
34*2
Apr
433s Apr
457|l2434 Mar. 18;14078 May
G7S
18*4
May 1<>
13(156 May
May
85*8 July 13 05
083 117*4 Jan.
8(127*4 May
24,401 no
Feb.
lj 12738 June
380; 138*4 Jan. 20! 153*4 June
51,125
47
June 13.
Jan. 13
701 13078 Jan.
50*2
1
1
15*4
08^
045s
80*4
66,6h6
17,090; 20*8 Feb.
115
5 6 3*
IS3*
323*
July
3
10*2 June 24!
7*2 July 13
317s
56
565s 100,070; 34
31% 323d 00.080 20
1,010 07%
*00
03
01
500| 80
3 8 34
38 3s
5501 30
38%
77*2 77 *2
77*2
l,550j 01 *2
24 l|l 12
118 *4 *x
115*2
3,13^! 55*2
797h *70*4 707b!
165 103
105
*103
104*2
30*4
Feb.
313s
......
5038
45
44
*76 '2
77*4
101 *4 101 *4
40r’s 50
......
42%
! 150*2 151
765s 77*4
0 8
•
43% 44
765s 77
101*2 101*2
43*2
84*2
114
20*2
54%
47*4
42%
77:{s!
lot
114
105
5553
4658
90
383s
*37*2 39
*76 *4
76*4 77
110*4 110% *1 17*2
79*2
70
79 73
30
32
44
60*8
26*2
20*8
29%
32*2
20*2
543a
33
48
70;{s
45*2
17
01
33
4(3
43:*s
*60*2
40:*8
46 34
115*2 115*2
20*4 30
547s 55:*s
84*2
31*2
01
13
32
118
116
86*2
33
00
18
6253
......
86*2
307e
70
00
30
78
10
05*?
......
*86**2
33
70
50*8
45
18%
4 6 53
34
105
30*2
100*2 100%
18 34
10
56
3 2 34
55*2
18%
45
80
100
31%
.
!
21
62
103
14
80*4 80 4
1"
33*8
103
1
21
30*2
04 *2
100*4 100*4
18*4 18%
27%
56*8
70
103
25
102
14
55*8
32*4
78%
I
78*2
*23
13*2
18
*37
30
28
28
102*2 102%
*13*2 14*2
31*2
55*2
31-^8
73*4! *77
! 118*2 118*2
118
*46 *4
......
111
17
110
*16
*36
20*4
*31*2
55*2
00
*38
|1
84*2
10 34
32 34
20
20 34
32
27
330
!
85*2
83*2
86*2
33*4
60*4
*455s
13*2
......
118
118
32%
60*4
2 6 *2
05
06
......
50
18
1034
34*4
70
26
12334 1237s
62%
61
0973
60
20 7s
06
60*2
34
2(37s
03 5s
49
*17
10 5s
46
*18
25
*23
64
31
46*4
13*4
121*2 122*2
20
20*8
40
40*2
94*4
96
62
3078
47*2;
1
345s
00®8 !
!
00
707s
18*2
*31 *2
33
20
47
*
<(>3s
78*2
100
493s
487s
20*->
70
*»7
30
77
118
12
23*2
623s
13*3
*65
*24
70
25
44 78
*36*2 37*2
2734 28*8
102*4 102 5d
37*2
283s
1025a
14*2
*36*2
27%
100*4
10*8
3234
17
......
28*2
62*4
13*8
28*2
62*4
12 7b
315
200
112
112
16 34 16 34
112*2
*16
40*2
00
*1(3
85*2
84*2
84
84
*
313s
70*4 |
Oregon Improvement Co
Oregon Railway A Nav. Co...
are
*05
25
25*2
115*2 110
118
118
31*8
0034
557g
These
*60
31*8
60%
*
03%
96
61 3s
61%
60 7s
03
110
33
31
*69
31
Richm'd a West P’ntTerminal
70
70
Do
pref
90
*87
Rome Watertown A Ogdensb’g
St. Louis A San Francisco
38*2 38's
77
75
Do
pref....
116*2 116*2
Do
78
78*2
8t. Paul A Duluth.
Do
pref
8t. Paul Minneap. A Manitoba xl 15*211 5 *2
Texas A Pacitic, ass. paid
2034 30*8
Union Pacific
55*4 5534
Wab. St. L. A P.,P. Com. repts
187s 187s
33
33
Do
pref.
n
12%
13
70
44 7s
12*o
12%
26
*23
122 34 122%
41*2'
04*8
035s
*30*2 37*2
28*8 2«*o
28*4
102
102%! 102*2 102 7s
14*2
*13*2 14*2; *13
37
Philadelphia A Reading
Do
*27*->
62
2 8*2
*44*4
26
*23
122% 122%
02**2
*0*2**
87
32
Express Stocks.
7s'
12%
.
86%
Peoria Decatur A Evansville.
Greg
*4
12%
41
043s
86*2
26*2
20*4
Pullman Palace t ar Co
Western Union Telegraph
44
*44
41
110
Oregon A Trans-Continental..
Philadelphia Co., Nat. Gas
25*2
40
119*4
109
UliMCCIlaueoiiM Stocks,
Colorado Coal A Iron
Consolidated Gas Co
Delaware A Hudson Canal...
71
27
iio”
New York Central
Hudson.
New Y. Chic.& St. L., absent'd
Do '
pref., assented.
New York Lake Erie A West’n
Do
pref.
New \Tork & New England...
New \TorkOntario A West....
New YTork Susq. A Western..
Do
pref.
Norfolk A Western..
Do
prof.
Northern Pacific
Do
pref.
Ohio A Mississippi
Wheeling A Lake Erie
12 34
13*8
71*2 *x6G
25*2 *24
28*2
......
*15*2
Missouri Kansas <fc Texas
Missouri Pacific
Mobile & Ohio
13*8
80*2
*24
'
pref.
Do
‘20 ->s
61 *2
25
1225s 1225s
40
04*2
pref.
Do
20 58
61
13
73
*1*234 14*’
Mil. Lake Shore & West
Minneapolis & St. Louis
03*2
‘
i23*% i'23%
40
Kingston & Pembroke
20
*28
*62
13
*05
25
80 *2
28%'
Ol5^:
127s
2 8 34
1
107s Feb.
58*2 July 14
1
0,100 52% Feb.
3
5,340; 55*8 Jail.
2,00.0
14
10
*7*2
Highest.
Lowest.
8
Ml
145*2
Chicago Burlington <ft Quincy. 143
86*4 87*s
85*2 867s
85*2 86*2
8553 86*4
87*4
867s 87 *4! 86*2
Chicago Milwaukee & St.Paul.
122
122
123
121
121
121
121*4 121*4 121
Do
pref. *120*2 121
116*2 116*8 117*4 1167b 117*2
116% 117 | 116% 117*4 1157s 11658 116
Chicago & Northwestern
147*4 147*4.
146 34 146% *146*2 147
147
Do
pref. 146*2 146*2' 147
120
120
120
129
130
130
130
130
130
*126
Rock
&
Pacitic.
Chicago
Island
*17
10
*17
10
*17*2 19
10
*17
*17*2 10
18
17
Chicago 8t. Louis <fc Pittsburg.
1 *44 4(3
47
47
*44
44
45
44*4 45*2 *43
Do
pref.
50*4 51*4
50
50*4 51
40% 50*4
50
50*2
405S
50
I
50
Chicago St. Paul Min. & Dm..
112
113
112*4 112*2
111
111*8
Do
pref. *110*2
5 6*4
56*2
57
55
55%
5534
|
'57*18
ClevelandOol.Cin.&Indianap.
20*2 20 34
30 34
20 "8 30*2
205g 205s
*29* ’ 20*2' 28'8 20 *2 29
Columbus Hocking Val.&Tol.
133*4
Delaware
*fe\Ves' 131 34 1323s: 13134 132*4 131% 132*6 13134 132*8 132*8 133*8 132*2
Lackawanna
Denver & Rio G., assesem’t pd
Do
pref.
East Tennessee Ya. & Ga. R’y.
1st pref.
Do
Do
2d pref.
Evansville & Terre Haute....
Fort Worth
Denver City....
Green Bay Winona & St. Paul.
Do
pref.
Illinois Central
Iud. Bloom. & West., ass. pd..
Range since Jan. 1, 1887.
400
%
4,4/3,000]
35
60
19
13
14
16
13
13.
16
29
27
27
9
11
31
Jan.
3
31 % July 15
8% Jan. 10
35
May 14
45% June 6
3634 Jan. 10
46% July 19
50
Apr. 27
5
72 78 Apr.
54*4 Jan. 14
36! 64*2 Jan.
Feb. 16; 72*2 Jam 11
July
ACTIVE BONDS AT N. Y. STOCK
BONDS-LATEST PltlCES OF
Railroad Bonds.
Atl. & Pac.—W. D. ine.,
Guar., 4a, 1937
Can. South.—1st guar.,
105
5s, 1908
9012 Mar.
2d, 5a, 1913
Convert. 7s, 1902, aaaent
10 s
Feb.
IO.512 Feb.
107 hi Jan.
117*”’
Jan.
100
j 105*4 Jan.
107%
6.
b, j
98 %b. 101
I
!
86
88
’99, coup, oil 89%b.
Cenlralof N. J.—lat,7a, 1890.. lO-Tgi'115 a.
Consol. 7a, 1899, assent
Cen. Iowa—1st, 7a,
Adjust. 7s, 19i-3
Convert, deli. 6s, 1908
98
Inter,in bond certificate
JLe’luV. vV.B..con.7s, L*.m9.as’nt ! Uib2
Am. Dock Ac Imp., oh. 1921. ..
I 987s
,114
*3% Jan.
9712 July
;
Jau.
Jan.
110
99
b.
1*1*4 Mr 113%
Central Pacific—gold 6a. 1893.. 1141.2b.
1114 b. 114%b, 111 >2
Ban Joaquin Br. 6s, 1900
TOO
103
b.
Land Kraut cs. 1890
112
Clies. Ac O.—Pur. in. fund 6s, '98
i 71
"74""
■
oil
6a gold, aer. B, 1908, coup,
Lxten. roup., 4*, 1986
6a, currency, 1918
Mort. 6s. 1911
Ches. O. tfeSo. VV.—5-6s, loll
Clilc.Bitr. tfe Nor.-1st,os, 1926
Chic. Burl. tfe
CJ.—Del). 5s, 1913
Den\er Divis.,4s, 1922
-Chic. Ac lud. < oal R„ 1st,
5a, ’36
69%
b.
23
! 9312a.
iioV/’b’
| 97 b
118
106
Jan.
1106
Juno
9* b. 1 97
.100 isa. j 98^2 Jan.
,
•117
108
b.
10934 b.
Sinking fund 5s, 1929
Sinking fund debent. 5s, 1933
25-year debent. 5s, 1909..
Chi. R. I. Ac Pac.—6s, coup. 1917.
Extern tit < ol. 5s, 1934
109
106
130
108 %a,
103 b.
b.
75
gold. 6s, 1904
Ur.- 1st, 7s, 1900 i l*9 "b
July 1108
July 105% May
Jau.
May 142
Jau.
Juno 133
i
116
1 14 Iftb. 114
114
b. ill
11512b
lsl.Wacotfe N. 7s, 19o3
2d. consol. M. L. 8s, 1912
Gen. mort. 6s, 1921..
Ind.Bl. <it W.— lstjpref.,
Jan.
HOhi Feb.
Oregon
104% Vlay
95% May
98%. May
Mar.
Jan.
1001ft Jau.
109
111
92% F’eb.
109
May
May
1125% J une
53
i
1106%
June
Feb.
T10
i 112% Jail. 119% Miy
b. ! 108
Mar. |H9i2 May
Feb. 1119% vlayr
b. 113
May
; 94
F’eb. ,112
let, 5-6s, 1909
2d, 5-Os, 1909
i
Jan.
J uly TOO Jam
June
July 129
: 1*2*2
126% May
122hi Jan.
b. 1231.3
Con. coup., 2d, 7s, 1903
112*2
; 12112b, 120% M ty 124 Mar.
Long Island—1st, 7s, 1898
1
Feb.
115
112 hi July
1st, consol., 5s, 1931
14b* i’19"” 118 Apr. 121% Feb.
Lou. At Nash.—Consol., 7s, 1898
Jan. !l!3i4 Juno
N. O. Ac Mobile—1st, 6s, 1930 10 - %n. 108 hi b, 105
i 9954 0.
!
99% May
97
a. i 907s Jan.
2d, 6s, 1930
113
a, 1121.3
il 12ig July 117% May
E. II. tit N.—1st, 6s, 1919
Jau. 1114% M ay
lio
a |108i2b. 1107
General, 6s, 1930
103
104% .Jau. 1169
May
107%
Trust Bonds. 6s, 1922
1
A pr.
i-98
Jan. 103
10-40,68, 1924
b.
109
J..11. 115 % May
Lou. N. A. tit Ch. - 1st. 6s, 1910
J une
>
93
Apr. I 99
9854a. 93 a,
Consol., gold, os, 1916
MayJan. 107
ilO t%a. 101
Mem. tit Ch’lston—6s, gold, 1924
11 <‘,14 4 uly ,120% May
117
Metro. Elevated.—1st, 6s, 1908
Ill's
1100
•
2d, 6s. 1899
Mexican Cent.—New ass. 4s...
incomes. 3s, 1911
Mich. Central—1st, con., 7s, ’02
Miss’l l Pac.— 1st, cons., 6s, 1920
3d,7s, 1906
Pac. of Mo.—1st, 6s, 1888
2d mort., 7s, 1891
1 08 %b.
..
70
22
2 I '8
;i077s July
i), !
b,
51
21
Apr.
May
12814a 1128 a, 127
116
b 111 <>M>, 114% Fell.
June
121
a j 122
1 2
b,
Feb.
10314b ,i 1 ,i 3 %b, 102
1051-2 J uly
lu5%b
.
,
,
Note—The letter “ b’ indicates price
113
F’et). i
7
•
>
34
Anr.
J une
7% June
131
Apr.
Apr.
,119
,126
Apr.
105
Jan.
110%
June
Alabama—( la.-8 A,
Class B, 5s
C lass C, 4s,
o
lo 5
6s, 10-20
AX' an-as—6s, funded..
7s, Little Rot k tfe Fi-rr
1899-1900
Smith, iss.
North Carolina—6s,
1914;
j
1890
2d, 7s. 1893
St.L K.C. tfe N.—R.e&
West Shore— Guar.,, as
i'o’o*
85%
107
a
103% Jau.
106% Jan
102 • July
115
Julv
107% June
123
Apr.
114
109
102
39‘
111
:iii%b.
55%
119
112% Apr.
111 % Apr.
50% May
102% May
July
91% Mar.
112
Jan.
100% June 106
June 1<>4%
98
110
Mar. 115%
108
Mar. 112
108
103
1
Jan.
Fell.
Feb.
Jan.
65
May
F’eb.
T0734i».T05% Jan
| 55%b.| 53% July
b.|
04
a.
05
99%
89
108%
96%
104
95
1
F’eb.
Mar.
Jan.
Jan.
Jan.
Jan.
96% July
Jam
L5%b
Jan,
July
110
/2
6 7
May
Jan.
F’eb.
Mar.
! 19
T10% Feb.
11 1
114
103%l>, 102
115
1). 114
112
b L11 %
112%U. 1L1 %
L 15 %n 11 4
Jan.
July
F’eb.
July
Jan.
May
Jan.
Apr.
June
Feb.
77
115
114
120
117
Apr
116
June
Juno
Apr.
Mar.
Apr.
112% May
104% Mar.
1<>8% Apr.
75
Apr.
112% June
108
48
Jan.
June
102% Apr
5 o % J an.
115
Jan.
114% Mar.
Jan.
99
115% Jan.
117
Apr.
117% Apr.
115
May
lol% June
104% Jan.
118
121
Apr.
Mar.
120% May
101% May
109
May
55
May
107% Jan.
80
Jan.
28% Jan.
114
112
110
July
Apr.
Juno
66% F’eb.
78 % May
72
Apr.
100
May
109% June
112
F’eb.
99^t Jan.
97% June
119% Mar.
1 < >3 % May
Feb.
120
115
May
j 115
Mar.
1117% Apr.
i
1109
TOO
95
b
86
b ! 49
1
08
99
Jan.
Mar.
107
May
114% July
1100% July >104% Juno
TOO
r.,7s,’95.; 114%a
100%
prices and the range are from actual
Bid.
1*93:
JtfeJ j
1900
1892-1898
Special tax, Class 1
Consolidated 4s
6s
86% May
sales.
BONDS.
Chatham RR
1890
Sianqied, 4s
Michigan—^7 s
10
115% May
Apr.
102% May
May ; 107% Jan.
99
Jan.
Apr.
Virginia Mid.—Inc.. 6s, 1927....:...i--90
Apr.
83
June
88
ha.
Gen’l mort., 5s, 1936
60% May
Jau.
Gen.. 6s, ’20 51%b. 50
VVab. St.E. tV Pac.
98% j 89
Feb. 1104% May
Chicago Divison—5s, 1910 ... 99 a.
97
00
b 1 84% Mar.
May
Wat) isii—Mortgage,7s, 1909.., ...
1». ’110% Jan.
117% May
1 L3
Tol. tfe VVab.—1st, ext.. 7s, ’90 110
116
May
TOO
Jau.
1st, St. L. Div.. 7s, 1889
11 1
1*0*6 " i 99 Jan. 108 May
2d, extended, 7s, 1893
TOO
! 84
99
May
Mar.
Con., conv., 7s, 1907..
89
;109 Jan. 117% vlay
Great West.—1st. 7s, 1838
110
old
tfe J
1
118% Apr.
107% Mar.
66
Pacific—1st, 6s, 1S95...,;112 b.
1st, 6s, 1896.
,110 b.
Denver Div.—6s. 1899..
Tl5%b.
1st consol. 6s, 1919
T01%!>. 101%
102%
Oregon Bli. Line lsr, 6s, ’22.. \ 102%
..
New bonds, J.
128% Apr.
Jan.
Feb. 1110
Jan.
110% F’eb.
Feb. i 77
Apr.
Mar.
96% May,
Apr.
75% Feb.
114% July
jll3%b.
Kan.
6s. loan
F’undingaet
Jan.
106
114
1
Rhode Island—6s, C011..D
Soiuh Carolina—6s, nou-fi
..
1910
1919
i
35
1*2
22
10
15
....
....
....
15
16
96% 98
....71 125
Bid.
SECURITIES.
Ask.
University, due 1892
1894-1 S95|
1892
1900
1906
6s, 1905-12..
due 1889 or 1890
Funding
New York—6s, loan
7b, Mtiiq bi- tfe Little Roek,is8..
7s, Ai Kansas Central RR
Gi oigla—7s, gold
Louisiana —7s, cons
Missouri—6s
A.-yluui or
1906
1906.
Apr.
70
Rio Grande Div.—6s, 1930 ... j 73 b.
1
Gen. mort. tfe term., 6s, 1905..
99% ;
Tol. A. A. tfe N. M— 1st, 6s, 192 I
Tol.A'.A. tfe Gr.Tr.—1st, 6s, 1921 1IO6 b.
Tol. Peer, tfe West—1st, 7s, ’17 . 108%
Tol. tfe Ohio Cent.—1st, 5s, 1935 I 96%.a.
96%a.
To .St L.tfe Kan. C.—1st,6s. 1910
Union Pan lie-1st, 6s, 1899
T15%t>
Land grant, 7s, 1887-9
T03%b.
H4%b.
Sinking fund. *s, 1893
SECURITIES
Bid. ! Ask.
80
123
;111%1>. 110% July
70
So. Pac., Ari.—1st, OR, 1909-10..
So. Pac.. N. M— 1st, 6s, 1911. ..
Tex. a Pac.—Inc. tfe Id gr, 7s. T5
bid, and “ a” price asked: all other
STATIC
SECURITIES.
a.
T*lT’a.
.
Apr.
Mir.. H0% June
133% Apr.
101% May
99
May
.......
2d. 6s, L931
Inc., 6s. 1931
So. Pac,, Cal—1st,
Mar.
1<»7% Apr
137
May
108% June
Ogil.—1st, 7s, 1891. |108%b.
100% June
Consol., extend., 5s. 1922
(101% |ioi%”
: 102 %
102% July
St Jo. tfeGd. Isl.—1st, 6s, 1925 Jl03%b.
70
Mar.
| 62 %D.
j
2d, income, 5s, 1925
114
Jan.
St. L. Alt.tfe LH —1st, 7s, 1894.!
110
Feb.
2d, M., pref., 7s, 1894
1 105
May
2d., M., ine., 7s, 189 4
106 b. 40
b.j 35 Jau.
Dividend bits, 6s, 1894
| 98% F’eb.
99
St. L. Ark. tfe Tex.-1st, 6s, 1936
99
46 b.
44
June
2d, 6s, 1936
45 b. 111 %b.i 110
Mar.
St, L. & Ir. Mt.—1st, 7s, 1892... 110 b.
112 %b. 109
May
2d mort., 7s, 1897
b. 93
93
July
Gen. Ry. tfe land gr., 5s, 1931.
95 a, 113
b I 113
Jill v
St. L. tfe San Fix- 6s., CL A,1906 ll3%a.
11 i
b.!
July
T13 a. 113 a i 113
6s, Class B. 1903
113
July
6s, Class C, 1906
113 ^a. 111
Gen’l mort., 6s, 1931
;lll%b. 98 b. 108% Fen.
Gen’l mort., 5s, 1931
! 99 b. 108 % j 9s% July
a.j 100% Julv
So. Pac., Mo.—1st, 6s, 1888...
110% Jau.
St. Paul M. tfe M.— 1st, 7s, 1909.Tl3%a.
119 %a.l 118
F’eb
2d, 6s, 1909
1120 a.
j 117 July
1st eons, 6s, 1933....,
{117
93
F’eb.
reduced to 4%s ' j
Do
Shenandoah Val.- 1st, 7s, 1909
TOO
1
a.I
48
Mar.
37
i- 47 %
Gen’l mort., 6s, 1921
98%a.j 96 May
So. Carolina—1st. 6s, 1620
July
j 78
39
1
RomeVV. tfe
66% Feb. I 7.4% May
I‘20i2b. 111912 Jan. 1124 *4 Feb.
1
I 92 b. 1 91 hi Jan. 1 99 May
89 hi June
77h2Jan.
98% May
Jan.
a. Ol’i-j” Ii 91
27
July j 34% Apr.
27
b.
M . r.
i
a. 114 b, lFJhi May |122
Feb.
! 927s J 1111c ! 98
b.
93
61
74
b.
Kent. Centr.—Stamped 4s, 1911 j 74 b.
94:iia. 91
i 94
Knoxv. tit O.—1st, 6s, gold, 1925
1
: 1251*3
1125
LakeSh.— Con.eotip., 1 st, 7s, 1900
a.
reel
•
Coupon, 6s, 1909
b.
Jill
Riehm. tfe Dan.—Cons., 6s, 1915110%!).
Debenture, 6s, 1927
!
Roch, tfe Pitts.—1st, 6s, 1921... 120
Consol., 6s, 1922
j
•
Eastern Division—6s, 1921. .. | 93
; 03
Income, 6s, 1921
Int. tit Gt.Nor.—1st, 6a,gold,’19 1115
Evans.—1st, 6s. ’20. 113
Evansv. Div-—1st, os. 1920..
Rich tit All.—1st, 7s, 1920. tr,
j" 72*"a. :
7s, 1900
------
b.ilO-5
tfeTranseon.—6s, 1922..j 99
Peo. Deo. Ac
89
181
July
July
100% a. 107
109 %o. : 107
1
69
! 9 )%b. | 91
Ill
b. 110
■
June
66% Mar.
,
Oregon Inipr. Co.—1st, 6s, 19101 97% j 68
Ore. R.tfcNav.Co.—1st, 6s, 1909 109%
109
Consol., 5J, 1925
|
1.. 100
Mar.
Mar.
120
Jam
1931 108i2b ! 108 iob' i lo6% Mar.
let, West. D., 7s. 1891
109% A in*.
135
115
j
OhioBoutiiern—1st, 6s, 1921. ...104
2d,ine., 6s, 1921
1
Jan.
1101-2 Mar.
110 4 Mae.
112% June
101 % Jan.
Gold, 6a, 1923
91%b
Apr.
J an.
Apr.
65% Jan.
T l 7
1)
Jan.
Jan.
128% May
85
Jau.
70
Jail.
•
118
1914..'llO
Springfield Div.—7s, 1905
May ‘120
b. 10 >% J uly
Jan.
b. 130
106
May
89%
113 %
114
107
10 4% Jau.
133% Jan.
Pacific—1st,coup.,6s, ’21 j 114%
115%
GenT, 2d, coup., 1933
105% T05%
1st, 6s, 1936.. 1105 b. 105 b.
James R. Val.
N. Pac. Ter.Co.—1st, 6s, 1933... 101%b.il02
Ohio tit Miss.—Consol., 7s, 1898. i
115%b.
2d, consol., 7s. 1911
1
|
Jau.
May
102% Apr.
8 t % Feb.
;
1). 127
!
N. Y. Out. ,it VV.—1st, 6s.
N. Y.Sus.ArW.— Deb.,6s,’97,cp.otI
1st refunding, 5s, 1937
.-.
July
July
109% FT).
i 104%b. !
l>4%b, 131 b.
109% lo9 b. !
130%b. 1 30 %b.
98% i
9S%
T27
Apr.
83
86%
i 1-9
1119 h> June
July 1109
93% Feb.
99ift
N.Y.L.E.tfeVV—2d con. 6s, 1969 9812
88hi Feb.
Funded coupon, 5s, 1969. ..
*90
88% Jan.
Ft. W. <it Den v. C. -1st, 6s. 1921
106
Feb.
Gal.Har.tit San.Ant.—1st, 6s,’10 109 b.
1105
June
2dM.,7s, 1905
9312 June
95 a. 93:U
West. Division—1st, 5s, 1931.
92ift jau.
2d, ta, 1931
99
Jan.
Gr’nB. W. tfe Bt.P.— 1st,6s, 1911
Jau.
44% I 43*2 : 38
2d income 88, 1911
Gulf Col.At Ban. Fe—1st,7s, 1909 L21i-3b. 121 b. |120% Jan.
Henderson Br.Co.—1st. 6s,
H. Ac Tex. C.—1st M. L. 7s
Oonstruetion, 5s, 1923.
a
Apr.
122
121
133
90
Feb.
Jan.
Jan.
|112%b. 108% Feb.
1104 May
j 50 b. 50 June
Feb.
Jau.
b. 115
..
1st
Mutual Un. Tele.—S. f., 6s. 1911
Nash. Ch. tii St, L.—1st, 7s, 1913
N.Y. Central—Extend., 5s. 1893
N, Y.C. tit II.—1st, cp., 7s, 1903
Debenture, 5s, 1904
N.Y.tit liar.—1st, 7s, 1900
N.Y. Chic. vtSt.L.—1st, 6s, 1921..
2d more, 6s, 1923
...
N.Y. City .it No.—Gen., 6s, 1910 .
N.Y. Elevated—1st, 7s, 1906....
N. Y. Lack, tit \V.—1st, 6s, 1921.
July
L08i.4a. '108
I19%b. Tl9:U July ! L2478 May
IzO
b. 123
July 127% J in.
102
F’eb.
101
a i 9834Jan.
11 l hi May
Jan.
109 a. 107
101
b.
104% June
9812 Feb
Mar. ; 887g Jan.
75
79
Jau.
Mar. i 61
70
121% Juno
119 58 b" 118% Feb,
82% June
76% F’eb.
79%
Mar. ! 82
75
b. 79
Apr.
78
Jau.
June
70 b.
71
68
86% June
81
a.
Apr.
56
J une
49
May
Juno 1101% Apr.
98
98%
T08
Jail.
100
J uly
101
June
132% Mar. !l37
Denver tit Rio
,9%
1st con. 4m, 1936 ....
So a.
Den. tit R. Gr. VV.- 1st, 6s, 1911.
71
b.
Assented
.
Den. Bo. Pa. Ac Pac.—1st, 7s, ’05 78 b.
Dei.Mac.tit M.—Ld.gr.3%s,1911 D
£. Ten. V. Ac G. Ry.—Con.,5s, ’56 98%
Eliz. Lex. tfc B. Bandy-68, 1902. 102 a.
Erie— 1st. consol, gold, 7s, 1920 136 a
lL2i2b.
Long Dock, 7s, 1893
117
b. 118
Con. 6s, 1935
.
1927
1927
preL debentures. 7s
1st, Extension, 6s,
North.
104
1003.ia.
Mobile A Ohio—New, 6b,
Ill b
130% June
a
124
Consol., 7s. 1904-5-0
July
i
118
114
132
85
95
95%
81%
1113
i 2 2 hi Jan.
I07!2b. 108% Jan.
b. 130
95%
84
Consul., 5s, 1920
Midland of N. J.—1st, 6s. 1910 112%b
N. O. Pacific—1st, 6s, 1920
81 %b.|
a.
1*19 3ii>:
Ch. 8t.P..M.*it O.—Consol. 6a. ’30
St. Paul tV S. C. — 1st, 6s, 1919
Ch.ttt.L.tV Pitta.—1st,con. 5a,’32
C. C. C. A Ind.—Cen. os, 1934 .
Col. Coal Ac Iron—1st, 6s, 1900..
Col. H. Val.
Tol.—Con. 5s, ’31
Mar.
M.y
68
May
i
2 1 1-2 J u 1 y
! 9612 Apr.
101. Feb.
jl<>4% Jail.
May
Jan.
86
;
Highest.
Lowest.
July 15 j July 22
1921.
Michigan Div.—1st, 6s. 1924..
Minn. <fe Bt. L.—1st, 7s, 1927
lint). Ac Equip.— 6s, 1922
Mo K.&Tex.—Con., 6s, 1920...
Jan.
June
Jan.
J une
118% J une
108 h> June
! 105
June
TOO
J une
116
Fe 1).
loohj May
1118% Mar.
116
J une
105
Mar.
115
June
Jan.
1
81
I 75% Jau.
32
Jan.
100
FYb.
lOShi June
107 hi Mar.
TO8I-2 Apr.
Jan.
: 99
i 103 hi June
b Tlb%b. 119'.} July
118
1929...
Feb.
Feb.
July
1
Ch.Mil.tv Bt.P—1st, I.JiM. /S, *97
I 27%l>. '12712b. 127%
Consol. 7s, 1905
1 I0I-2 t 1115
a. 115
1st, Bo. 11 in. Div.—08,1910—
10 1
b.
jlo3
1st, Chi. Ac Pac. VV.Div—5s, ’21
b.'l’oT'h. 103
Wis. tfe Mm. I)iv. — 5s, 1921 .. 403
102i4b. 101 to
Terminal 5a, 1914
1
14*0 "b"
lJBhj
Chic a N. VV.— Consol. 7a, 1915
12912b. 1*29% * '128
Gold, 7s, 1902
Sinking fund 6s,
90
109
95 hi
94
110
119
Range since Jan. 1,
Mil. Lk.Sh. Ac W.-lst, 6s,
38% J une
2512 Feb.
33%
84 b.
821ft July
104% F’eb.
105
33%
8 <%
6a, 1910
Railroad Bonds.
Highest.
Lowest.
July 15 July 22
EXCHANGE, AND RANGE SINCE JAN. 1, 18S7.
Closing.
Range since Jan. 1.
Closing.
Gen.
[Voi* XLV.
iTHE CHRONICLE.
108
Brown consolidated 6s
New
5s.
3s
settlement—6s
Virginia—6b, old
6s,
6s,
consolidated bonds.....
consolidated, 2d series,
us. dcfer<
ed. trust ree
1 804
1888
1893
189*
1912
1913
1913
1913
115
6
105
61
70
Ask.
^
6%
107
•«■•••
107
102%
73
48
90
60
10%
ii%
BONDS-STOCK EXCHANGE QUOTATIONS ON
Railroad Bonds.
j
1934 *
Registered
Minn. A St. L.-lst 7s, gu
1927;
low a C. i West.
1st 7s... 19* 9
.
Ced. Rap. I. F. A N., 1st Gs.1920
1921!* 100*2-; 103
.
Butt. >:Y A Phil,—Cons.
Trust certificates
General Os,
Trust eeriiticates
6a...1921!.
j Mt. Vernon—1st, Os
,
40
I* 40*
Central owa—
Eastern Division- 1st 6s
Illinois Divi-ion—IstGs
Registered
IIan. A St. Jos.—Cons., Os
i
..1912’
1 st,
Chesapeake A Ohio—
6s, gold, m ries A
]
1908
Cbes. O. A’ So. West.-2d 6s... 1911!
Chicago A Alton —
1st, 7e
1893 113%
Sinking fund. Gs
19031
Louis. A Mo. River—1st7s.. 1900;
2d 7e
1900 11G
St. L. Jacks.A Chic.—1st, 7s 1894]
i
!
;
118*2
!
guar.
1*3*6
9 5 *2
11*4*
Inc. conv. sink, fund 5s
Dakota A Gt. South., 5s
Registered, 5s
1891
Sag.—Os
iMilwauk. A Ncrth.—1st, 6s...1910
Extension, Os
1913
Jack. Lan. A
1916
1916
96*4 !
Iowa Ext.—1st, 7s
1909
2d mortg., 7s.
1891
il
122*2
Southwest Ext.—1st, 7s
3910
1021
Pacific
Ext.—1st,
Os
I,1
118*4'....
IlMinn. A Pac.—1st mortg. 5s..1930
108
j1:0
JMiun. A N. W.—1st,
II10
IlMo. K. A T.—Cons.,2d, me
lnl 1
1898
5s, gold..1934
! j II. A (."cut. Mo.— 1st, 7s
1890
j {Mobile A Ohio—Col. tr., Os ...1892
1
1st, 7s, s. fd
1899 120*2
Consol. 7s
.1914
i
Consol, sink, fd., 7s
1914
Chic. St. Paul M. A ().—
125*8
Chic. S. P. A Minn.—1st, 6s.1
I
No. Wisconsin—let, 6s
1
| 110
i
1
116
*
98
1st, 7s
: —1918
Nash. Chat. A Sr. L.—2d, Os..1901
N. Y. Central-Os
18*s7
N. J. June.—Gnat*. 1st, as
1980
Registered certificates
.
ii* 2*
1895
Registered.......
2d, 7s
Mortgage, 7h
1907
S3 ra. Bing. A N. Y.— 1st, 7s. 1900
Morris A Essex—1st, 7s
1914
...
*132
*132
14 2
1891 1*112
1123.1
!
2", 7s
7s of 1871
1st,
com, guar.,
1901
116
1910
(Scioto Val.—1st, cons., 7s
Coupons off
St. Louis A Iron Mountain—
Arkansas Branch—1st, 7s.. 1895
i
Cairo A Fulton—1st, 7s
1891
Cairo Ark. A T. —1st, 7s
1897
i St. L. Alton A Ter. Haute—
1
Bellev. A So. Ill.—1st, 8s. ..1890
1
Bellev. A Car.—1st, Os
1923
St. Paul Minn. A Man.—
1910
Dakota Extern.—Gs
Min’s Un.—1st, 6s
1922
St. Paul A Duluth—1st, 5s
1931
Sodus Bay A So.—1st, 5s, g...l92»
Tex. Central—1st, s. f., 7s
1909
1st mortg. 7s
1911
1905
Tex. A N. O—1st, 7s
Sabine Division, 1st, 6s
1912
i
114
58
118
102
98
90
108*2
Valley R’y Co. of O.-C011. Os. 1921
Wab.St.L, A Pac.- Hav. Div.-Os.’lO
Indianapolis Div.—Os
1921
Detroit Div.—6s
1921
Cairo Div.— 5s
1931
*1*0*8 *2
107%
Tol. A
115
190
108
105
18o5
Div., Os.
j;
7s
1915
Del. A Hud. Canal—1st, 7s... 1891.
1st f ext., 7s
1891
1894
Coupon, s,
1905;
Det. Mack. A Mar.- 1st, Os...1921
Det. Bay C. A Alp. 1st, 6
1913
.
No price
Friday; these
*
*141
Registered
*
119
are
*107” i 08
*79
*79
110
102
125
113
1902
85
Atlantic A Pacific—
25
6s. 15)05
1888
Adjustim lit Mi, 7s
;Ogd.'A Lake Oh.-1st, Os
1
192 1
..
100
192()|*104*2
[Ohio A Miss.—Cons.,
latest quotations made this weea.
t ogdensburg
29
22
1920
1921
int. ace-’t.
Sterling I. A R’y, series B.— Inc.’94
Plain income Os
1890
! Shenandoah Valley—Inc. Os.-. 1923
84
114
11*5
114*i
102^
22
15
’7o
I02*a
1100 *2 i
75
100
V6
A Lake Champlain
Income
Roch. A Pitt4>.—Income
St. L.I.M.AS.—1st 7s, pf.,
7h:!8
ill"
45
*90
] 107*2 Ohio Cent.—Min. Div.-Ine. 7s 1921
s.
4*28
....1921
Pacific RR.-Central PacificGold bon is, Os
1895
Gold bonds, es
1890
Gold bonds, Os
1897
Cal. A Oregon— 1st, 6s
1888
Cal. A Or gon-Ser. B., 6 1892
105
87
Income ISond*.
(Interest payable ij earned.)
j
2d M..
lbt, eons., guar., Os
1900 118
K* gis1» red
Ren?. A Sar.—1st, coup., 7s. 1921 *1.42
120
113
114
101*8 101%
j.Des
115%.
‘Ohio River RR.- 1st, 5s
19.?0
Register*, d, 7s
1894 11 % ......1 Omaha A Sr. i>. R’y.—1st, 4s. 1937
i Oregon A Cal.—1st, Os
n i0%
Pa. 1 iv., coup 7s.
1921’
*MO
Pan 111a—Sms. id., sub., Os...1910]
lb gisterod
*103
l’«
ouia
Dec.
A Ev.—.d, 5s
Alba! y A Stisqne.—1st, 7s. 3888
iu3*5i'
1927
140
1st. eons., * liar., 7s
Peor a A Pek. U’n—1st, Os.... 1921
190u
Register! d
ill**
11 Central Division—Income.. 1922
K
! Cent. Iowa—Ceiip. debteertf’s.
1895
10589
Telegraph—7s
3904
Wheeling A L. E., 1st M. 5s. .1920
C.
Tenn.
I.AR’y.—Consol., 6s.1901
1917
Bir. Div.—1st eon. 6s
!;Col. A H«»ck. Coal A I.—Os. g..l9l7
j
111
105
••««
65
•
N. W.
j
100% i()l
55
1165s 117%
1105y
[j South Pitts.—1st, Os
120
•
r
7s.. .1900
101% 102*aj| West. Union Tel.—Coup.
90
Registered
70
97
91
110
No. Missouri—1st, 7s
Wab. St. L. A Pac.—Iowa
106
86
Wab.-Equip. bds.,7sl883
1890 402
8t.Charles Br’ge—lHt,6s.l90r>
1
108
94
96
Ill. A So. Iowa—1st,ex.Gs 1912
St. L. K. C.;AN.—
Omaha Div.—Tr.Co. rec.191
1919
Clarinda Branch—Os
116
114
93
Quin. A Tol.—1st, 7s
Han. A Naples- 1st, 7s
101
116
117%
1898
1898
2d, guar., 7s
10o*£ 107*2 Pine ( reek Railway—6s of 1932
103
■Pitts. Cleve. A Tol.—1st,Os ..1922
1922
iPitts. Junction—1st, Os
114
j Pitts. McK. A Y.-lst, 6s
193
124
Rich. ADanv.—Deb. ex cp.Os. 1927
i
1937
Consol, moit.. gold, 5s
1*2 5 *
Atl. A Char.—1st, pr., 7s
1897
121
123
Incomes
1900
125*2 Rich. AW. Pt. Ter’l.Trust6s.. 1897
12278 123*2 ISan Ant.A Arans. —1st,Os,’85-1910
1st, Os, 1886..
1920
f., 7s..1898 115*2
133
134*2
General 5s
193-1
lOte'S ......1 !Ohio i cut.—1st T r. Tr., 6s... 1920
Min. Div.—1st, Os
192It
127
139*2 140*4
137*2
g.,7s 1-9
,
98
M3
119
1912
...
Col. A Cm. Midland—1st, Os.. 1914
Del. I aek. A West.- Conv. 7s. 1892
105
1913
2d, 7s
111
111
*403*2
1912 4.,5
dev. A P. —Cons., s. fd., 7s 1' Oo 428
4th, sink, fd., Os
1892 106*2
i
103
....
St. L. V. AT.II.—1st,
*
*2
RR.—
Pa. Co.’s guar. 4*gs, 1st cp..1921
Pa. Co.’s 4*28, reg..
1921
Pitts. C. ASt.L.—lst,cp.,7s. 1900
90*2!
llo%
i
* iod**
1919
( Chicago A East III.-Income?. 1907
1st, Os
1905
71
72%
N.Y. Slisq. AWest.—2d, 4*23... 1937!
M. A Ft. D.—1st inc.,
114
I'Der. Mack. A Marq.-^Hic...-.1921
N. Y. N. 11. A II— 1st, reg. 43.1903
:
Eliz.City A Nor.-2d inc
19/0
Northern Pacific—
Ind’ap. Dec. A Spr.—2d inc.. 1900
8{>ok. A Pid.-1st, s. fd., Os.1930
Trust, receipts
Sr. Paul A N. P.—Gen., Os. .1923] 118*2:119*2
lb ist! red
i
1 Leh. A WilkesO. Coal
|107
Milw. Lake Sli. A W.—Income
Helena A RedM’n—lst,g.,0s.l937l 105
Mobile A Ohio—2d pref. deben ...
N. O. A No. E. -l’r. 1., g., Os ..1915!
1
1
.1931! 110*8 117 !
3d pref. debentures
Os
;
i 114 I
4rli pref. debentures
1932
New River- 1st, Os
100
!
! N.Y. L. E. A West.—Inc., Os..1977
1
Imp. A Ext., Os
1934.
1
.1936
Mae.—Ist,g.,5s.l933
1920
-!Morgan’s La. A T.- 1st, Os
N. Y. P. A O.—Prior lieu. 6s
N. Y. A New Eng.—1st, 7s....
1
Consol., 1st, 6s
...1934 !
Chie. A W. Ind. -1st, s.f., 6s.. 1919
Gent rnl mortgage, 6
1932 •'4*1*0 3«
Chie. A St. Louis—1st, Gs
1915
Cin. I. St. L. *V Chicago—
1931
St. L. A Cairo-4s, guar
L..J’
mm
Cin. Jack. A
1925
1st, Os. Pierce C. A O
Equipment, 7s
ii,Pennsylvania
115
*9*5
107%
90
1909
2d, 7s.
3d, 7s
ilMinn. A St, Louis—
Chic. A Milwaukee—1st, 7s.3898
Win. A St. P.—2d, 7h
1907
Alii. A Mad.—1st, Gs
D 0r
Ott. C. F. A St. P.- 1st, 5s.. 1909
Northern 111.—1st, 5
..1910
Cl. Col. Ciu. A Indianap.—
1st, gold, 4s
Registered
1907
Conv. deb., 5s...Ashland Div.—1st, Os
9L
Kan. Cit y A S.—1st, 6s, g.1916
Ft. S. A V. B. Bg.— 1st, Os 1910
St. L. K.ASo.Wn. —1st, Gs.lOlo
Tex. A Pac.—1st, Os.
1905
1st, Os, ex coupon
Consol., Os, trust receipts. 1905; ‘100
Milw. Lake 8. A West.—
Extension bonds—4s
1926
Escanaba A L. S.—1st, 6s...1901
Des M. A Minn. 1st, 7s
1907
Iowa Midland - 1st, 8s
1900
s...
.1931
1931
Coupon. 5s
Chicago A Not tliWestern-
Peninsula—1st,conv.,
5 p. c. 50 year gold bds
1937
Pens. A. At.—1st, Os, gold.. 1921
Lou. N. O. A Tex.—1st, 5s.,.. 1934
Manhat. Beach Imp. Co.—7s.1909
Mexican Central—1st, 7s.....1911
Ex coupons 6, 7, 8
Mich. Cent.—1st, eon., 5s
1902
Os
190.
108
106
105
Pitts. Ft.W. AC.—1st. 7s...1912
2d. 3s
1980
Nashv. A Decatur—1st, 7s.. 1900
S. A N. Ala —S. f., Os
1910
Louisv. C. A L.—Os
1931
125
li:
121
07
tst, gold, 3‘is
.3951
Springf. Div.—Coup.,..6s, . 1898
Middle Div.- Reg., 5s
1921
C. St. 1,. A N. O.—Ten. L, 7s. 1897
1st, consol., 7s
3.897
2d, Os
1907
Gold, 5s, coupon
1951
Registered
Dub. A S. C.—2d Div., 7s ...1894
116
119
St. J.ouis A Sun Francisco—
97
3951
gold, 4s
1898
1908
Extern, 1st, 7s
*9*6'
1911!
112
116
114 *2
114 7s
106
95
Col. Trust, 5s
1907
U. Br. U. P.-F. c., 7s
1895
Atch. Col. A Pac.—1st, 6s. 1905
Atch. J. Co. A W.—1st, Os. 1905
Ut. So.—Gen., 7s
1909
180
.
2d, 7 3-10s, P. D
1898]
1902
1st, 7s, $ g., R. 1)
1st, La Crosse Division, 7s.. 1893!
1st, 1. A D., 7s
.1899
1st, C. A Al., 7s
.1903; *125
1st, 7s, £. A D. Ext
1908
.1909
1st, S. W. Die., Gs
1st, 5s, La C. A Dav
1919
1st, H. A J)., 7s
1910
1st, H. A D., 5s
1910
Chicago A Pacific Dir., 6s.. 1910
Chic. A Mo. Riv. Div., 5s ...1926
Mineral Point Div., 5s
1910
C. A L. Slip. Div., 5s
1921
Fargo A South., Gs, Assn ...1924
M
! 11S%
j
Ask.
1143s
1890
1897
1st, Os
1st, Os
Col. Trust, Os
102
!
(504), 7s
1894]
2d mortg. (360>, 7s
1898;
I Ced. Falls A Minn.—1st, 78.1907
Indianap. D. A Spr.—
2d, guar. (l8t*), 7s
1898
i
1st, 7s, ex. hind, coupon
1900
Miss. R. Bridge—1st, s.f. Gs.1912]
Lake Erie A W’n -1st, g., 5s.. 1937
Chic. Burling. A Quincy—
130%i|Lake Shore A Mich. So.—
Conso idated, 7s
1903;
Cleve. P. A A.—7s
1892
5e, sinking luud
19011
Bull'. A Er.—New bonds, 7s. 1898
Iowa Div. Sink, fund, 5s.. 19191*111 *2
Kill. A W. Pigeon—1st, 7S...1890
Si 1 king fund, 4s
1911). 98%
Det. M. A T.—1st. 7s
1900
Plain, 4s
...1921
Lake Shore—Div. bonds, 7s. 1899
Chic. Burl. A No.-Deb. 6s.... 1890!
Consol., reg., 1st, 7s
1900
Chi. R. Isl. A Pac.—Gs, coup.. 1917 130
129*2
Consol., reg., 2d, 7s
3903
Registered
Ext. A Col., 5s
Mahon'g. Coal RR.—1st, 5s.1934
1934
Regiet* red
Long Island RR.—
N. Y. A M. Beaeli—1st, 7s..1897
Des Moint s A Fort D.—1st,4s. 1905
N. Y. B. A M. B.—1st, g., 5s. 1935
1st, 2*es
1905
Louisville A Nashville—
Extension, 4 s
Ill
Cecilian Brancn- 7s
1907
Keok. A lies M.—1st, 5s ...1923
Pensacola Div.—Os
1920
Chicago Milw .ukee A St. Paul—
131
St. Louis Div. —1st, Gs
1921
1st, 8s, P. 1)
1898 130
1st,
No.
Union Pac.—1st, Os.;
j I b»us. E. A W. Tex-1st, 7s.. .1898
i 11111 ois Central—
19121
1899
Railway (Cal.)—1st, 6s. 1907
West. Pacific—Bonds, Os
108*2
116
Bid.
Pacific Railroads—( Con tuiued)—
115
.1923
Evans. A Indian.—1st, eons...1920
Fl’t A P. Marti.—Mortg.. Os. ..1920
Grand Rap. A Ind.—Gen. 5s..1924
1924!
SECURITIES.
Ask.
110
110
Erie—1st, extended, 7s
3897
1919
2d, extended, 5s
3d, extended, 4*es
1923
99%
4tl>,extended. 5s.
1920
5th, 7s
3888
j •
1st, eons., fd. coup., 7s
1920
Reorir., Dt lien, Os
1908
99*2
1910
!
J ! B. N. Y. A E.— 1st, 7s
j
i N. Y. L. E. A W.—Col. tr., Gsl922
Bull'. A S. W.—Mortg. Os
1908
j
!
107 • (Evan. A T. II.— 1st, eons., Os.1921
Best. H. Tun. A W.—Dab. 5s...1913
Burl. C'edar Rapids A Nor—
I
let 5s
1900*110
Consol. A col. tr, 5s
Bid.
E. Tenn. Va. A Ga.—1st, 7s... 1900
Divisional 58
1930
E. AW.of Ala.,1st,con gld. Os. 1920
Eliz. C. A N.—S.f., deb., 6s. ..1921
1st mortg., Os
1920
(Slock Exchange Erica.')
Atch. Top. A S -n. Fe—4Hs ...1920
Sinking fund. 6s
1911
81
89
Beecu Creek - lt-t gold, 4 8
3930
125*2
Balt. A Onio-lstGs, ParkB ..1919
5s. gold
..1925'112 *2
Registered
FKIDAY OP INACTIVE RAILROAD BONDS.
SECURITIES.
Ask.
Bid.
SECURITIES.
let 5s..
109
THE CHRONICLE.
1887.]
July 23,
...
-
(free List.
Carolina Central-- 1st, Gs ...192 '
uumoeiland A Pei 11.—l»t,0s.ls91
2d mort. Os
1888
Gal. II. A IL of ’82—1st, 5s . 1913
107
1 2*2
101
•77
Is89 401
Jefferson UK.—1st. 7s
Wabash Fun.led Int. Ronds —
100
Toledo A Ill. Div, 7s
Lak* Erie Wab it 8c. L.—7s.. .. 100
1 >0
Gt. Western—1st luort., 7s
90
Decatue /V R. *». L — hh
107%|
THE
no
CHRONICLE.
Quotations in Boston, Philadelphia and Baltimore.
[Vol. XLV.
New York Local Securities.
Bank Stock List.
Bid.
SECURITIES.
BOSTON.
4*cb- A Topeka—1st.
Coll. Tins*, 5s
Land grant, 7s
Plain, 5s
Bid.
SECURITIES.
Aflk.
BANKS.
Bid.
BANKS.
Ask
Bid.
7s. 5
I
122
98 *a
9838
I
[S
Trust, 6a
117
\llegh. Val.—7 3-10s, ’80
llC*u
7s, E. ext., 1910
21
Tnc. 7s, end., conp.. ’94 5
Am. Exoh...
143
Broadway... 260
270
..
lst.Tr. 0s, 1922
Cam. A Amboy—0s, c./8P
Mort., 6s, 1889
101*9 Cam. A Atl.—1st,7s,g.,*93
*37
101
2d, 0s, 1904
Cons., 0 p. c
East’ra, Mass.—0s, new..
Catawissa—1st, 7 s, con. c.
New 7s, reg. A coup—
Frem.Elk B.AMo.V.-Gs..
K. C Fort Scott & G.—7s i 113 J
Col. AC. M.—1st, Gs.1914
K. City Lawr. A So.—6s.. m v
Connect’g 0s, cp., 1900-04
124*9 Del. A Bonnd Br.—1st.7s
K. City St. Jo. A C. B.-7s
110
K. City Sp’d A Mem.—0h
Duluth Short L., 1st, 5s.
K.C. Clint. A Spring!.—5s
East Penn.—1 at, 7s, 1888
*113*9 Easton AArob’y—5s, 1 920
Little E. A Ft. S.—7b
$113
El. AWmsp’t-l st,6s, 1910
Louiav.Ev.ASt.L.—1st, Gs 103
2dmort
$ 52 *a
5s, perpetual
Mar. H. & Ont.—1908, 08/
Harnsb’g—1st, 0s, 1883..
H. AB.T.—1st, 7s, g., 1890
1925,08
i
Mexican Central—4s
703,
Cons. 5s, 1895
IthaeaAAth.—lst,gld.,7s
Scrip
1
7s
:$ 77
I.eh.V.—lst,6s,C.AR.,’98
22 *a
Income
2d, 7s, reg., 1910..
97
*2
Cons. 08, C.A R., 1923..
Scrip
10C34
Debenture, lOe
No. Penn.—2d, 7s, 1890..
12f *4 3 542
N.Mex.A So.Pac.—7fl
Gen.,7s, 1903
IS. Y. <6 N. England—7a. $122*4
Debenture 6s, reg
110
08
1
Norfolk A West,—Gen.,0s
2d8, 6s,
$102
| N. R. Div., 1st, 08.1932
Ogdensb. A L.Cb.—08
IN. Y. Phil.A Nor.—1st, 0s
j
Consolidated 08
1 103*2
j Inc., 0s, 1933
Incomes
'$ 43*2
I Oil Creek—1st, 0s, coup..
120
Pueblo & Ark. Val.—7s..
Tennsylv.—Gen., 6s, reg.
108
Rutland—1st 0s
Gen., 0s, cp., 1910
6s
Cons., 6s, coup., 1905...
99 38
Southern Kansas—6s
Cons., 5s, reg., 1919
83
I
90
Incomes
4*28, Trust Lcan...J
107 *9
Sonora—7 s
Pa. A N. Y. C.—7s, 1896.
90
Wisconsin Cent. -1st ser.
7,1906
59
2d series
Perkiomen—lst,68,cp. 87
Phil. A Erie—1 st,7s,cp/88
STOCKS 1
ConR., 6s, 1920
112*2
AtchisoD A Topeka
[*112*4 204
Cons., 5s, 1920
202
Boston A Albany
Phila. Newt. A N.Y.—1st
*113’
......
121
!2‘i*a
102
115
16
Boston A Lowell.
J
Boston A Maine
225
223
Boston A Providence.... 5..
Boston Con. A M.. pref..
Poston Revere B. A Lynn
California Southern
Central of Massachusetts
44 *4!
Preferred
Chic. A East’ll Illinois
Chic. Burl. A North’n
Chic. A West Michigan., *
Cinn. Sandnsky A Cleve.:
Cleveland A Canton
!
Preferred
Col. Spiingf.
Concord
!
A Cin
1
Connecticut River
«Joim. A Passumpsic
>112
2
Dot. Lansing A No., pref.
Eastern
Preferred
Fitchburg, pref
195*2
....
lbl34 D‘2
j 313
Flint & Peie Marquette.
Preferred
*162 *4
Iowa Falls A Sioux City.
Kan. C. Clin. A Springrd
Kan. City Ft. S. A Gull..
Pref ei red
Kan. C. Spring!. & Mem.
Little Rock A Ft. Smith.
L<iiisv. Ev. A St. Louis.. 5
Preie rcd
Maine Genual
| 135*2!
Manchester* Lawrence.
...
15 V
4 9 •‘a;
4
934
110
122
111
134
Consolidated Gas
Portland SacA Portsm.
Ports. Gt. Fa la A Cou’y.
Rutland
Preferred...
Summit Branch
Wisconsin Central
Preferred
Worcester Nasi.aA Koch.
61
to
10*2
2d
1«7
1(5
Ill
Lit lie Schuylkill
Minehill A sch. Haven...
....
1
•*'s
1
55*2!
....
r>
5r>\
| 30*2
in*, 115
28
18*4
A Charlotte
Ohio ...100
80
90
t Pti tLaie.
*3
92
ifcO
160
1; 0
123
122
6*i
49
50
50
—
......
i 06
iin
101*9
1113
■102
76
1
42 '0
21
I
107
158
no
215
117
42
109
Second Av.—Stock
|
11)5
101
175
no
200
105
1st more. 5*. 1910
Consol., 7s, 1888
IsicthAv.—stock
63
160
112
110
120
107
-
••»{>■
-
180
115
206
107
0
114
both Exchanges:
0
..
1st 6s
2ds
Kanaw ha A Ohio
1st pref
2d pref
1st 6s
Keeiv Motor
Mexican National
1st mor gage, tr. rec
109
......
July
11*2 *2
125
mm-
.'
..
.
-
.
1887.
.
30 *a-
Equipment 7s
9
N. V. City A Northern—
N. Y. W. Sh. A B.—Stock.
North. Pac.—Div. bonds..
0
1101
99
I 10
...J
7
105
30
>0
Pref
1st moi t
2d mbi t
54
Incomes
I l2*a
RR.—1st, 6s... i
Car.—Con. M.... i
Win A St. Peter—Ext. 7s|
\\ isconsin Central...... ..1
N.
L. T’lidors.
*
9,523,700
;
totals of the lioston ban;
Deposits.*
$
$
i
Circula'u.i Agg.Cl’ngs
S
$
2,684,200 104,071.200 9,963,600
2,486,800 102.26o, 500 8,819.700
2,42-1,3110 iO-.,0;6.:oo| 8,635,900
8,982,300
b,92 6,200
*31
4l*fl
Pref
...
[Ill's
Loans.
Lawful
June 25.....
July
“
.
“
2
9
16.....
Deposits.”
S
88,360.600
25 02
7,100
24,3 '->4,7 UO
25,352,800
68.642.300
89,140,* 00
b9.835.200
89,952,900
Mtciudirg tfct it
Mon’y
$
S
.
126
121
122
35
99,766 469
71.517.24 4
fr.2 449,206
Fniludelphia Banks.—The totals have oeeu as follows:
110
W.jvid*.—63,3(1, £ u a r., J. A J
2'l41,0;2.500
Ask.
Midi. A uhio—1st M
N.Y.Ch.A St.L.,1 p wil. iss
2d p.ef., when issued..
Common, when issued..
Rec. 2d more
went
$
9 138.il. O.sOO
16 1. 0,780,2001
Bid..
West Va.
•
.
110
—
Nat.Constrnct’n Co.
Mex.
Orange Pelt 1st...
|103;>4 jPensacola A Atlantic
11 itts. A V* e.st. RR., 1st M.
5
60 h ;Kome A Decatur
—.
I 1st mort.. 6s
Louis
ft.
A
Wich..
!St.
s.
St. i‘aul E.A Gr.Tr., 1st0s
Tul. A. A. A N. Mich
220
1 ol.s-t. L.A Kan City, li-t
Utah Ccnti al.—1st
Vicksb. a Meridian
Specie.
Loans.
18br
105 .*3
.
SECURITIES.
Boston Banks.—Following a.re the
45
0
1st mort
2d mort
California Pacific
Ches. AO., ser. B.oef. scrip
Ohio. Santa Fe A Cal. 5s..
Cinciu. a Springfield
Coeur d’Alene
1st 1110't
Dul. S. Shore A At. — stk.
East A West RR. of Ala.
Pref
114
Union RR.—lsi.gua.JAJ
Canton endoi sed
$ 1 ast price this week,
64
127
114
84
no
141
109
122
113
Broadway.]
D. D. K. B. A B.—Scrip, 6s 104
110
Ei ,'tith a v.—sr.«ck
107
!
Scni), 6s, 1914
42dAGr’iid si.. P’ry—Stk;200
112
1
1st mort,, 7s, 893
12d St. Mauh. a st. N.Ave 41
108
1st mort., (>s, 1910
60
2d mort., income, Gs
'oust. W.St.AP. P’v—Stk, 155
110
1st nxoi-t ., 7s, 1894
108
Ntuth Ave
105
Georgia Pac..—Stock
14
103
6r,
6s,
58, Series A
5s, Series P
Pittsb.ACon’ells.—7s J A J
W'ilm. C. A Aug.—be,
Wil. A Weldon—5s.
7s
| Bonds, 6s
Ask.
Light
Flint. A Pore Marquette..
122
lob Hj
8 1
J. A J.!! 1"8
!
121
1300, A. & O
!
120
gold. 19(*0, J. A J..
•
105
120
110
Ask.
(
1 it ruon7s, 1890
Tlnrd Av —Sm-.k
1121* i sotids, 7s, 1890
155
,Tw *nty-tund «r..—stock.. ,210
112 V, ■1
lit “‘r*., 7s, 1893 ...... 112
Edison Electric
6U
13
2ds
No. Centra!—4*28,
•
139
E laitabl^*
Brooklyn Klev’d— stock..
4o
-
•
CANAL STOCKS.
Lehigh Navigar on
Schnvlkill Na\ igation....
do
" Piei...
do
Bonds, Gs...
Metropolitan (Bkiyn.)
Municipal—Bonds, 7s
F lltun Mumcipai
| 9r lldJ, 08
1
123
At.APac.-lstM.C.D.o d6s
Host. H.T.A West.—Stk.
86
......
Virginia A Tenn.—5s
Street.]
02
123
110
80
105
Bklvn.)
<
!
Amer. Tel. A Cable Co
Atch. A Pike’s P’k, 1st 6s
Allan. A Char. Air Line...
1st. 7s.....
.
lio
80
85
5s, 1931
ColumbiaA Groenv.—lets
....
no
130
150
110
63
126
156
170
280
Bid.
,
121*3
SECURITIES.
115Vj
129*2
Nav.—1st,6s,rg.
2ds
3ds
1st Inc.,
180
Honda.
COMPANIES.
Unlisted Securities.—Quotations from
....
SO
108 34
Ohio.—6s, 1st,M.AS.
‘Chail. Col. A Aug.—1st..
i 2d
iCin. Wash. A Palt.—lsts.
Lehigh Valley
105
180
IOO
......
•C'en.
Prefened
Phila. Ger. A Nunisiewi
Phila. Newiovvn A N.Y..
Phna. & Reading
Phila. Wiim. A Bair
United N. J. Companies.
West Jersey
West Jersey
Atlantic.
......
108
175
ICO
175
...
Maryland
50
RAILROAD BONDS.
Atlanta A Chari.—1st—
Huntingd’u A Eioad Tcj
*1 2*6
Consol., 7s, 1902
Ohrist’ph'fAlotb «st—Stk. 121
no
Bonds, 7s, 1898
D:y Dk. K.b.a Bat.’v—Sr.k ito
no
1st mort., 7s, 1893
105
106 hi 109
110
110
111
123
1897 ..
1911 ....
Inc
Baltimore A Ohio—4s
1
105
100
100
172
no
170
108
155
160
120
85
103
Rnshw’k Av. (Bklnj—St’fc 150
C mtral Crosstowu—Stk.. lfO
116
1st mort., 6s, 1922
ent. Pk. N .«v K. Kiv.—Stk
—
......
Pref
141
and
W.liiamsburg
180
103
....
..
101
33
Ask*.
Westchester J40
Williamsb’g. 270
| psoole’s
30
116
.
_
.
28
112
Bonds guar., 5s. 1905
165
Hrooklyn Cit.v—stock.
1st mort., os, 1902
106
Rklyn. Crosst own—stock. 165
105
1st mort., 7s. 1888
112
—6s, coup.
pref
Bid.
..
GAS
122
93
102
ICG
100
B’way Surface lids.guar.
123
_
’....'
1 st mort., 5s, 1904
2d mort., 5s, 1914
*»-*-»•
.
107
60
105
78
106
55
102
77
160
115
95
100
104
93
Br’dway A 7t b a v.—St’k..
......
•-
--
Parkersburg Br
Central Ohio—Com
List.
Stocks
Bid. ! Ask.
Bl’cker St.A Fult.F—Stk
1st mort., 7s, 1900
115
i
1907
BALTIMORE.
RAILR’D STOCKS.tPai
..
Pennsylvania
Philadelphia A Erie
1
Mort. RR., reg.,
Baltimore A
1st pref
*3i
[City RR. Quotations by H. L. Grant, Broker, 145
—
.
Western
Nesqaelioning Valley
.
.
63 *9
2d, 6s, reg.,
1st prelerred
Northern Central.
North Pennsylvania
-
92
!
98
Del.—1st, Gs.lHBb
Leliigli Nav.—4 8.8, 1914.
I Atlanta
1*43
..
Railroad
City
and
(Bklvn.V-
Scrip
73
.....
W.JerseyAAtl.—1st,6s,C.
Schuylk.
Buff. N.Y. A Phil.,ass.pd.
Preferred
Camden A Atlantic
Preferred
Catawissa
East Pennsylvania
Elmira A Williamspoi t
Preferred
Nassau
125
104
Pennsylv.—Gs, cp., 1910..
PHILADELPHIA.
RAILROAD STOCK8. 1
2d preferred
Delaware A Kounn Brook
-
.
5
7s,‘1899
Cons., 7s, reg.,
113
142
1138
)
Bonds, 6s
......
Ches. A
no
...
7th Ward. ..1118
Second
220
Sioe A Death! 140
•Rateof N.Y.I'
'Tiird
i
tradesmen’s
Tnited 8t’es 210
..
Mutual (N. Y.)
.
5s, reg., 1923
CANAL BONDS.
17 9
230
200
no
115
125
103
310
160
125
Metropolitan—Bonds
72
0s, P. B.. 1826
Norwich* Worcester...
tepublio
St.Nicholas.ll28
172
{Howard
Jersey City A Hoboken
4
0
......
Union A Titusv.—1st, 7s.
United N. J.—Cons.6s,’94
Cons. 6s, gold, 1901
Cons. 6s, gold, 1908
Gen., 4s, void, 1923....
Warren A F —1st, 7s.’96
West Chester—Cons. 7s..
W. Jersev—1 st, 6s, cp./90
Western Penn
i 175
11L0
P xenix
100
National
N. Y. Equit. 165
95
N. Y. Fire
Niagara.... 160
95
North Rivet
170
Pacific
to
Park
Pet’r Cooper, 170
100
People’s
120
Phenix
Rutger’s.... 140
Standard.... 105
Sterling .... 50
Stuyvesant. 118
United St’es 140
Ronds, 5s
118**
108
109
103 *a 104
Erie—1st, 7s.
W.—1st, 5s
1909
...
Greenwich.. 220
Guardian
70
Hamilton
125
Hanover.... 135
140
jHome
70
120
j Jefferson
iKings Co.... 200
•Knickerb’k r 80
Long Island ^5
: 00
Lafat etto
iManuf'c.A B 120
! Mechanics’ * 75
60
Mercantile..
90
Merchants’.
(Montauk.... 95
140
(Nassau
Gas-LigT.t
Citizens’
j
Snub. Haz. A
2d, 6s, 1938
Cons. 6s,
ICG
23
.
; 155
1171
People’s.
COMPAN’S.
rfrooKlyn Gas-Light
*1*1*3“
—
1st,
:0
*1*4*5'
Ogdensb. & L. Champlain
Old Colony.
90*9
Consol., 68, 1905
13*2
Oriental.... !l87
COMPAN’S. Bid.
G VS COMPANIES.
102 34 103*4
syr.Gen.A Corn.—1st, 7s.
Tex. A Pac.—1st, 08,1905
39
...
...
40
tiao
Conv., 7s, R. C., 1893...
17 1 21
Deferred incomes, cp../
Phil. Wil. A Balt.—4s.tr.ctj 101*4 10134
123
i
Pitts. Cin. ASt.L.—<8
30
Pitts. Titus. A B.—7s,cp.
ShamokinV. A Pot ts.—7s
Suubury A
M
[Gas Quotations by Geo. H. Prentiss a Co., Brokers, 49 Wall
Suub.ALewist’n 7s.C,.’9b
_
Mexican Central
N. Y. A New England
Preferred
Northern
125
141
.....
'i'20"
^
14 5
212
...
173
95
165
190
125
lvO
125
115
American... !60
75
Amer. Exch.
160
180
Brooklyn ... 110
Citizens’.... 110
120
City
no
Clinton
35
Commercial.
Continental. 220
24
0
Eagle
Empire City 100
Exchange... 100
118
Farragnt
99
Firemen’s**.
German-Am. 300
Germania... 150
118
Globe
......
$132
Vasaan.
Vew York
COMPAN’8 1 Bid. | Ask.
133
1893.
Debenture coup..
9
36
5
1^2
140
Cons., 7s, reg., 1911 ....
Cous., 7s, coup., 1911..
Cons., 6s, g., 1.R.C.1911
Imp., 6s, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., 7s, coup., 1908
Income, 7s, coup., 1896
Conv. AdJ. Scrip, *85-89
Cons. 5s, 1st Ber.,c.,1922
Cons. 5a, 2d ser.,0.,1933
25*4
1
97 1
106
!....
101 *2 10134
R.—lst.6K.1910..
2d, 7s, coup. A reg.,1893
...
Bid.
<.Y. Count' 200
7.Y. Nat.Ex
*luth
131
7. America.1130
Riv’r.
'forth
Pacific
Ptrk
Insurance Stock
io9*Tl"I*
Phil. A
Cheshire, prelerred
♦lioniULU.
BANKS.
[Quotations by E. S. Bailey, 5*s Pine St.]
1
...I
...
m
.
vfetropolit'D
|146
97
115*9
170
fu A TradV 330
145
Irving
Leather Mf*’ 212
Manhattan., 163
darket
170
tfechanics’
L’chs’ATrR 1*4 5
vfercantile.. 145
iferenants’. M2
4’rch’ts’Ex. r 0
....
o6U
Incomes
Cons. Vermont, 5s
113
2(M>
:f ano ver...
75
Calitornia So.—6s
Incon e 6s
Chic. K. C. A West’n—5s.
10 )
..
..
105
106
.
..
......
114
*9 38*2
205
Gallatin
G irtield
Gmtu’u Am..
Germania.
Greenwich
.....
Cod.. 6s, 1913
Buff. N.Y.A Phil.—1st,08
'115*2
grant, 7s
180
3ntcha’A Dr 165
Central
133
136
200
Chase
Chatham.... 210
Chemical... 2500
Citizens* i.. 136
300
City
173
1*7*8* ‘
Commerce
128
Continental
Corn Exch... iVr>‘‘
•^ast River.. 130
11th Ward.
118
Piftli Ave... 700
First
1500
F >urth
Fulton
1*5*5*
1st, 08, 1905
103
176
America
105*t.
105
Balt. A O.E. Side—Certs.
Belvld’e Del.—1 »T.fi«,l902
Cons. m. 4s., 1927
Bens Gap—1st, 7e, 1893.
110
5108
Bur. A Mo.in N eb.—Ex’t,6s
0s non-exempt,
—
,
Aak.
RAILROAD BONDS.
Mortgage, 5s
Mortgage, 4*^8
4»
Land
Ask.
S',8.->b,*U0
89,635.100
8b, 3.7. *00
24,095, SOO
)
1
•
•
«
1
1
J
..
hih."
Circula’n
j; Agg.Cl’ngs.
$
$
.
3,439.030 [ 66.847.91&
8.3ol 9 >0 ! 16.690,910
2,874,650 ' 59.704,809
08,346,16^
2,904,550
-
Nflw York City
Latest
Banks.—The following statement shows the
theissociated Banks
condition of
week ending July 16,
1887:
Loans and
Discounts.
of New York City for the
Week
Mechanics’
11.474.40<
America
Phenix
City
Chemical
Merchants’ Exch.
Gallatin National.
Butchers’ & Drov.
Mechanics’ & Tra.
Greenwich:
Leather Manuf’rs.
Seventh Ward
State of N. Y
Americ’n Excli’ge.
Commerce
Broadway
Mercantile
Pacific
Republic
Chatham
Peoples’
North America
Hanover
1.699.000
2.078/ 00
606.000
8,74 3 600
3,708.30)
385/00
...
Continental
'Oriental
Importers’ & Trad.
Park
North River
East River
Fourth National..
Central National..
Second Natio. al..
Ninth National....
First National
Third National....
N. Y. Nat. Exch...
6.721.900
5.305.600
827/00
1.925.500
4
51,900
103,COO
136.100
2.055.000
263,000
96*606
8
4.086,600
1,8 *2,200
2,055.000
Cedar F.AMin.1 June
Dub. ASioux C; June
Ia. Falls A S.C. June
Tot. IowalinesjJune
Total all lines. ! Juno.
Ind. Bloom. A W.j2d wkJuly
lud. Deo. A Spr. June
Jaok. T. AK. W.'May
K C.Ft.S. AGulf. 1st wk.Tul?
Kan. C. Sp. A M. 1st wkJuly
Kan. C. Cl. ASp. 1st wkJuly
Keokuk A West. 2d wkJuly
King-ton A Pem 2d wkJuly
a Lake E. A West. 2d wkJuly
Jj. S. A Midi. So.,Juno
13.9 *4 600
18,222,500
3.327.100
5.161.100
7,178.30
2.862.600
7,54 6.600
1,119,400
1.649/0
4.470.100
1.953,800
914.500
3 >5.50:
3.131.300
10,84 1..-.00
401.300
2,764,301;
8,3*1.000
4/55/00
2 597,000
118.500
2 40.3001
652 TOO
363/0
222.000
2.9 71/00
2,959/0
58 ',400
282. >00
120.100
2.602.400
96,300
591.00
235.000
220 600
1.921.200
3,152, <00
5,946,100
5,381/00
2,170,000
2.0 54/00
1.091.400
17,753.000
7.741,000
3,451,000
5,180,* 00
19.*-75.400
574,001*
173.700
4,394,000
5,40 2.80 1
101.600
227,000
4.573.700
977*6*00
45,000
*,6*0*6
360.000
45,000
267.600
4.317 000
42.000
27 8.300
5,38 *,500
19,0j5 900
45,000
434,300
1,011/0
•
3.961.700
1,09 i.400
2,614/00
66 *.700
fartteld
ifth National
1.902,TOG
1.53 V>00
3,913 700
1.988.400
403.900
1,881.1 90
1,911 000
5,872,200
1,012.000
4,505 700
205.60 >
14 4.600
220,200
179/00
16 2,200
334.'00
617/.00
1.227.700
2.301.700
2,890/ 00
10.5.100
2.176,500'
6.143/0*
917.600
3 46.800
99 0 0
132 800
ICO 300
435.700
373.200
1,102,600
3 15 500
76/00
121.600
149 fcOO
130.00 *
231/00
3 95, f 00
183/00
537.900
15/400
519.700
432,10.
345,4 00
1.312.700
331.300
895.' 00
295 200
Louisv.N.O. AT.jJune
Manhattan El... Juno
Mar. Col. A No June
Mar. Hough. A O. 2d wk July
Memphis ACiias. 1st wkJuly
*
Mexican Cent’t. 2d wk July
*Mox.N. (N. Div) Juno
do
(So.Divi Juno
do
all lines June
Mieh.C.ACan.So June
Md.L.Sh.A West. 2d wk July
Milwaukee A No2d wk July
2*6*1*, 5*6 *»
223,400
Minneap.ASt.L. May
Minn.ANo.West. 2d wkJuly
180,000
45,000
44,700
4'.,000
134,500
42,100
174,000
N’theastrn(8.C.) :May
Northern Cent’l. May
Northern Pacific 2d wkJuly
Ohio AMlss
'2 wks July
22,272 500 363 416.800! 8.107,500
358,487/00 77,757,8
RAILROAD EARNINGS.
Latest
Roads.
Week
or
Earnings Reported.
Mo
1887.
$
$
148/91
103,000
1,521,376 1,252,754
84,000
72,695
Allegheny Val.. April
-A.tell. T. A S. F
Atlanta A Char..
Atlantic & Pac.
Balt. A Potomac
Bufl’.N.Y.A Phil.
Burt. Roch.APitt
B ir.Ced.R.ANo.
Cairo V. A Clue.
Cal. Southern...
ICamden A Atl’c
Canadian Pacific
.
Juno
M ay
1st wkJuly
.
......
t And Branches.
$
6.941/08
478.940
310,005
318,792
101,18(5
40.032
13,090
15,442
374,380
13,357
753,(570
17,985
341,090
182,145
5,176,^86
123,409
2,343,109
3,405,411
93,924
1,038/99
35,097
97,159
913,)! 17
30,491
017,210
3,724,303
227.820
217.100
331,4 16
2,055,725
1,819,818
87/23
322,709
07,411
122,(300
576/34
477,829
820,475
2,(520.722
393,475
145,12 i
654,049
41.230
29,377
238,403
2,152,o72 1,981,077
41,013
432,00'
2,102,149
213,372
582,790
2 5,501
70.121
'
47.4/3
17,107
50,38)
23,8 b 1
8,248
6,993
0/97
102,1-0
(3,910
79/81
9,880
3 ,14.
31
*
,9)4
4,730
0,34 4
191,078
2,951
19.50!
8,61?
3i*,120
4(30,852
1,947,902
17i,745
458,925
2 *,■•*.*> 6
05,505
f
0,200
15,110
46,410
16/59
6,828
6,270
1,095,003
1,067,(548
713,49(
1,597,308
1,373,871
220.880
1,625,410
3.346,313
730,267
2,289,259
764,409
........
1/69,172
1,298.708
199,584
l,3:7/&7
20 ',372
1,066 4 48
970 038
287,004
172,503
2‘9,565
100,900
1.979.930
1,78 4,S 30
158,703
100,053
140.336
163.300
1,237,541
b,388
18;2 39
3,855
28.32 L
930.(530
25.701
5,000
80,383
9,147
t-3,147
301,313
4,96,
5,716
b
147,537
3,741!
5,477|
3,223,
37,2111
39.043
31.012
2i;o9il
*
48,370
16,5*38
302.920
14.658
87,57ri
41/ 25
10,011
275,500
45,309
33,006
108,229
674,524
6,597
40,455
29,001
87,375
38,750
84,265
101,678
644,530
3,530
33,330
23,332
63,935
45,288
130/3-
139,252
73,2*56
5
J
1
18.353
118,077
10,694
121,304
7,809
22.949
141,505
178.139
17,190
.
582,471
2,419 158 i 1,956,182
80,553
118,207
365,859
431.549
1,154,196
1,307,960
555.061
322,650!
498.752
187,743
524,0581
i.ioo.ogo;
343.386
968.926
8,817.390
8,107,201
177,124
127,449
911/86
1,062,380j
l,120,91l!
1,100.387
5,269,898; 4,723,932
00,731 !
379,831
80.479
422.746
300,064!
741,229!
269.954
773.179
0,0ll.l20; 5,497,112
1,303,001! 1,227.531
177,794
192,493'
109,651
238,707|
1,338,351 1,210,279
717,106
1,013,180
-110,8 O
125,730
151,751
150,251
979.012
804,701
8,003,557
6,933,682
120,538
101,370
1,549,137
180,930
1,420,686
12,054
1,601,735
514,915
303,313
31,952
84,057
59,884
37,313
495,670
272.252
157,390
36,708
365,733
423,750
36.7(51
447,236
241.701
7,970,121
1,111,899
917,201
6,862,798
4,055,727
3,723,065
22,479
457.935
435.798
150,584
22,755
250,384
502,201
840,8 12
5,436.000
1,0 43,789
314.213
568,982
5
9,241
865.120
6,301,009
1,585.2811
477.909
615.511
552.935
194,858
180,391
970.926
205,459
283
962*
1,030 802
14,912.612
266,976
7,778/08j 6,986,9IS
2*327,307
2,354.504
1,626,745
L’i'hZVZ
653/42
727.505
503,787
010.099!
2,007,088
1,540,138
5,901,914
5,436,831
209*498
226*,581
256,999
247,8721
2,527,189' 2,149/64
481,735
2,259,928
967,739
2,331,313
2L458/66!l8,914,063
367.207
440 2(57
1,4(56/18
8,37.8,586'
6,040,284
1,335.328
7,041,388
5,121,2.9
078,101
140,347
90.8,395
17.339
13,583
152,160
141,854
269,834
1,971/93
742,318
1,889.299
June
Illch.APetersbg. May
4,500
1,800
234,638
212,058
24,032!
44.028
14.745
1
23,303
2 *,97 4
14.600
40.259
15,066
34.340
113,879
91,141
2,889,719
61,914
64,509
32,10(5
479/ 94
4,650
092.306
370,808
371.187
210,050
320.510
49.(500!
22,2 >0
94,385
1,110,900,
571,322
689,394
451,055
1,0.81.355
8,300
35,324
618,338
1,968,991
282,976
2,49 ',473
1,400/94
121,008
44,489
26,500
51,40<>
8,800
856.191
731,476
785,933
163,505
33,690
204,063
4,865,040 4,178,580
14,951
15,8 44
326,(584
308,438
l,778,Obi 1,642,771
1,396,356 1/05,112
163,102
408,040
4 *9,297
1,118,910
1,454,280
2,664.245 16,725.725
43.200
Wheeling A L.E. 2.1 wkJuly
Wisconsin Cent’] 2d wkJuly
Min. St.C.A W. (2d wk J uly
Wis. A Minn.. 2d wkJuly
218,709
5,91*61
June
June
Juno
Juno
♦West Jersey*— May
Wil. Col. A Aug. May
434,464
95,780
599,698
485.872
81.417
125,000
Union Pacific... May.
Valley of Ohio.., M i.y.
Wab. Western ..;2d wkJuly'
Wab. K. of Miss. May'
$
3,133,055
2,514
97,014'
745,38*6
300,029
210.143
43,000
12,530
87,545
1,014,753
583.408
011.327
355,306
798/54
2,226,933
6
73,000
46,731
60,0 0
61,618
62,419
532,154
521,010
368,087
73,18 l
191,471
1,343,270
310,158
1,031.373
251,755
4(5,550
280,245
11,430!
63,004
592,700
2/4(5,525
2,739.225
82,485
396,376
6,575
14,462
O 1,09 i
248,6JO
300,921
1,040/90, 1,700,258
70,7421
52,493
480,019!
370,863
3/57,186 3.416,498
9,572,768 8.750,139
13,429,953 12,100,637
354,718
311,o38
2,590,775; 2,492,269
107,078
240,172
379,880
504,247
400/85
424 008
9,100,599
215,469
3.L65.130 2/53,038
2,491,881 2,472,706
2,188,277 2,151,102’10,515.004
50.5371
255,954
59,721
121,175
548,669
114,346
47.6<*4
12.685
31.0 *2
(5,959
15,446
93,231
521,447
104,327
45,622
11,523
22,723
**3)280
2,307J
1,047,117;
430,259
293,792
290,022
770,8-1
250,101
401,875
89.278
409.803;
3o4,807i
371,004
t Including Branches.
’'Mexican currency’,
Including since Feb. 1st in both years the Ind. Peru A Chic.
1 Not including Central of New Jersey in either year.
a
c
40*.712
2,947,518
3,154,109
2 '0,521
393,038
613,080
58.733
332.148
Morgan’s LA'J May
23,215
N. Y.T. AMojc. Way
117,436
Tex. A N. O i. May
914,167
Atlan’c syst’m M ay
2,227,147
Pacific system May.
3,141,311
Total
May
1 2,148
Staten Is.Rap.Ti June
360,478
Texas A Pad tie June
9,507
Tol. A. A. A N. M ’h! 2d w k J u 1 y
18,836
Tol. A Ohio Cent. 2d wk July
67,238
L oL P. A West.. June
2,194,026
690,840
247,41b
244,785
3,182,583
17,320
41,205
21,968
4,015
5,322
June
Rome W. Sc Og
May.
St. Jo A Gd. Isl 2d wk July
St.L Alton AT. II 2d wk.lulv
2d wkJuly
Branches
St. L. Ark.ATex 2d wk July;
S1.14. ASan. Fran, j 2d w k J uly
St.L.Van. A T.II; 1st wkJuly
S;. Paul a D u lutfi! 2d w k J u 1 y
8r„P.Min.A Man. June
Sciot* Valley...!May
SlienandoahVal. Juno
..i
South Carolina.. June
So. Pacific Co.—
Gal. liar. AS. A May
Louis’a West. May
2,296,759
3,023,291
598,4 4(5
50 ,533
307.597
29,513
45,923'
June
-
104.874
738.781
32b, lbl
54,051'
30,018
12,88b
301,000
Riehm’d ADanv.
Va.Midl’d Div.
Char.Col. A An.
Col.AGr.Div..
West.No.C.Div
Wash.O. AW..
Ashv. A Spar..
11,135,274 9,374,827
852.869
1,023.301
12,( 57,000 11/48,115
9,633,619 8,601,151
2,8-3,25- 2/38/23
2,144,570
......
P’rtRoyalAAug. May..
P’rtR »yalAW.C. May.
4,606,342
244,485
202,482
2,644,085
185,274
5,(340
8 ! ,8 >7
7,038
65/22
Coal A Iron C o May
Pitts. A West’rn June
6^7,759
523,999
1,305,137
(574,224
1,312,205
41,700
215,000
14,723
422,844
230,000
tPliila. A Read’g May.
$
545,832
......
Pnoria Dec. AEv. 2d w k J uly
Phila. A Erie— May. ...
1886.
618,850
47,370
>
21,397
49,744
Cliic.St.P.M.AO. May’
Calc. A \V. Mich. 2d wk Julv
Ctn. Ham.A D.. 1st wk.Jul\
Cia.Tnd.St. L.AC. 2d wk Ju'y
On. Jack. AM ick 2 wks J-ily
Cln. N. O. aT.P. 1st wkJuly
Ala. Gt. South. 1st wkJuly
N. on. A N. E. 1st wkJuly
Vlcksb. A Mer. 1 st wkJuly
Vicks. 8h. A P. IstrWk Juiy
Erlanger 8yst. t st wk.luiv
Cin.Rich.AFt.W. 2d wk July
Cm. Wash. A Balt 2 wks July
Ctev.AkronACol .2d wkJuly
Clev. A Canton ’.June
Olev.Col.C.A Ind June
Clev. A Marietta 2d wkJuly
Col. A Cin. Mid. 2d wk July
CoL Hock. V. AT. June
Col. A Rome
Mav
D -nb’v A Norwk May
JDayt’nFt.W.AC. 2d wkJuly
1887.
40,379
54,40
Oregon Imp. Co. May.
Oreg. K.AN. Co. Juno
Pennsylvania... 'May
Jan. 1 to Latest Date.
20,9(37
111,005
52,700
28.029
124,072
2d wkJuly
Jd wk July
1st wk Iuly
2d wkJuly
1st wk July
May
2 1 wk July
Cp.F’rAYad.Val June
Centr.il of Geo.. M iv
Central of N. J... April
Central Iowa... June
Central Pacific
April
Chariest’n A Sav May
Chesap. A Ohio. Jims
Ellz.Lex.AB.8. June
Clies. O. & 8. W. Jure
Chic. A Alton... April
Chic. A Atlantic 2d wkJuly
Chic. Burl. A No. May
Chic. Bur. A Q.. May
Chic A Fast. ill. 2d wk July
Chic. Mil. A St. P 2d wk Ju y
Chic. A N’thw’n. May
Chic.St.L.APitt8 2 wks Julv
Ohio Southern.. June
9,071,135
511,010
1,3(33,273
578,593
1,365,972
4,020/97
1,419,8 17
41,681
May
...
1886.
971.547,
1886.
$
46,421
142,695
930,370
45,511
28,202
49,783
..
2.583.900
1,711,00 '
4.735.900
2.312.400
2.135,40 '
2.350.400
3,456,000
37,418
793.075
15,101
81,113
24,009
Miss. ATenn.
June
105,442
M >bile A Ohio. .'June
241,071
Nash. Ch. ASt.L.1 June
2,8 47.614
N.Y.Ceu.AH.R. J June
11,804
N. Y. City A No. I Wk July 9
1,80'\935
eN.Y.L. E. A W May
430,911
N.Y.Penn.A O. May
313,610
N.Y. ANewEng May
32.919
N Y.Ont.A W...|2d wkJuly
106,283
N. Y. Bus. A W.. June
81,239
Norfolk A West.,2d wkJuly
45/00
3.763.300
2,8 SO 500
3.913.600
3.015/00
2.160,800
41,800
128.741*
Lousia’a AMo.R. April
Louis. Ev.ASt.L.j 2d wkJuly
Liuisv.A Nashv.;2d wk Jul/
Lou.N.Al.ACliio. 2d wkJuly
*45*606
8i
(u uvllest XJaiM.
3,814,045
140,789
10,925
25,030
18,557
01,810
5,033
19,015
37.975
20,305
8,031
451,450
40,231
318,239
8 42,800
11,130
07.8231
2d wk J uly
Long Island
447*066
1.034,000
Liucoln
3 760.900
2,226/00
1.126.700
19,221/00
9,475 00 !
174.700
116,000
810 50 >
-
Lehigh A Hudson June
430*1*0*6
817.000
6,511.000
2.361.500
20.545,000
2 <,174 109
45.000
1,385 000
■Chase National
Fifth Avenue
German Exch’nge.
Germania
United States
3.766.300
2,2 4?,400
516.100
301,000
1,063.600
1,225.70
45,000
45,000
2.557.900
991 000
42*2*00
40,700
221.600
174.500
1,990.30'.'
2,995.000
6/21,000
4.751.600
2,220,000
18,669,000
18.29 s,70 i
45,000
854,900
3,096,900
639.600
530.801
-
1,0.3,900
3.587. 00
12.0 '0 000
3.020,000
a
1887.
28.024
101,358
33,777j
Hous.ATex.Centjlst wkJuly
*
1,118.000
344.700
1,990/00
358,554'
175.220
264,600
2,241,000
13.495,700
5.121.300
7,271.000
2.931.400
10,418
49,30 5
21,046
17,155
91.805
46.829
....
Ol.Cent.(Ill.ASo) June
16.641.000
909.800
323.600
441 100
161.200
330.500
363.7 00!
87.331
4.831
..
G11.Bay W. A St. P. May.
5,600
273,000
510.100
14/».
$
18,025 j
49,107
17,197
...
523,200
*2*600
143, **00
.
1886.
152,500
Gulf Col. AS. Fe. June
537,300
44,300
3.900.700
1»87.
Evans v. A T. H.i2d wk July
Flint A P. Mara.l2d wk Ju'y
Fla.R. A Nay.Co.'lst wk l uly
Ft. W. A Den. City 2d wk J uly
Georgia Pacific.. Juno
Gr. Ran. A Ind. 2d wk July
Wk Ju'-y 9
Grand Trunk
45,000
1.179.200
County
German-Americ’n.
...
$
3 694.40 *
71,400
248,000
'
570.900
2.112.400
2 524.000
Total
314.700
291,70 )
..
45,000
2,451/00
1,330/00
3.258.900
1,389 300
Mo
Dct.BayC.A Alp. June
Dst.Lans’gA No. 2d wk July
S.Tenn.Va.AGa. 1st wk July
Evans. AInd’plis ;2d wk July
Circula¬
tion.
186,300
9 i,400
132.400
1.149.100
3,134, ’ 00
Bowery
B’k of the Metrop.
West Side
Seaboard
Sixth National....
Western National.
2,872,000
328.000: 10,145.900
199,600!
2,2) 0/00
83/00;
1.426.600
54 1,700 20/69/00
615.800
4,372/00
1.454.00!'
2.363.400
N. Y.
183 ('00:
289.70)
1,355/00
18 943.800
3.230.900
2.798.600
Market
St. Nich las
Shoe & Leather...
Corn Exchange
$
$
840.000 11,850.000
360/00 10.300 000
7,807,000
800.900,
6,861.600
325,).'00:
440.600, 10.582.300
3,070.000
2.163.100
1,465/00
2,826.-00
Irving
Citizens’
Nassau
Legal
3 013.000
2.585.700
Tradesmen’s
Fnlton
or
Deny. A Rio Gr. 2 \ wk July
Dsnv. AR. G. W. 1st wkJuly
Net Deposits
other
than U. S.
7 rulers.
$
$
7.2G5.700
7.996,000
Reported.
$
Specie.
11,310.001
9,8*0.000
New York
Manhattan Co
Mer' hants’
Earnings
Roads.
Average Amount of—
Banks.
Ill
THE CHRONICLE.
1887.]
Jtjly 23,
Not including earnings of New York
Pennsylvania & Ohio
118,977
THE
112
Baltimore & Ohio.—In Philadelphia, July 20, William M.
Singerly, editor of the Record, received the following telegram
from Robert Garrett at Elberon, N. J.:
“In reply to your courteous inquiry astotho real status of the negotia¬
tions, culled by th** pi ess‘1 be Baltimoie&Ohio Deal,’I beg to say that
luucstmcut
AND
Intelligent*.
ailruatl
The Investors' Supplement
contains a complete
exhibit of
of States and Cities and of the Shocks and
Bonds of Railroads and other Companies. It is published
on the last Saturday of every other month—viz., January,
March, May, July, September and November, and is fur¬
nished without extra charge to all regular subscribers of the
Extra copies are sold to subscribers of the
Chronicle.
Chronicle at 50 cents each, and to others at $1 per copy. ,
the Funded Debt
all such negotiations ar^ terminated.
“The syndica<e, which was to acquire a
Baltimore & Ohio Railroad Company in
would be beneficial to ull the parnes and
at the ap{ oiut< d Tim* c<» uply with iheir
large block of the stock of the
such a way as was believed
railr oads concerned, did not
engagements, and all arrange¬
ments ot negotiations with them a<*e now absolutely at au end.
I have not purchased the stock of the Johns Hopkins Uuive'eity. as
stated in some of the newspapers
I had au option on the stock, and
also upon that of several other holders, but I have not exercised these
options, nor do I intend now to <io so. The statement in some of the
pop rs that I purchased large blocks of the Baltimore & Ohio stoex is a
ANNUAL REPORTS.
“
(For the year ending
report of this leased
follows :
sactions
as
circumstances
“
June 80, 1887.^
railroad shows cash tran¬
RECEIPTS.
Cash on hand July 1,1886
Fiom rent, of railroad, on account
From nnt of r» al estate
Cash borrowed temporarily, averaging
Addison Railroad dividends
Addison Railroad dividends, unpaid
rendered
its properties, including
own-rship of its stock, remain now
as tney were at • he opening of the negotiations.
The widespread public interest which these negotiations have
excited, and the many false and foolish rumors to which they have
given rise, justify me in departing from my usual course and in making
this formal statement of tLndr final terminatiou.
“Thanking you for the kindly terms iu which you have been pleased
to refer to tlie Baltimore & Ouio Company and its futu e, an l acknowl¬
edging the correctness of your judgment and that of many other friends
as to the propriety of making public this letter, I am, as ever, yours
Robert Gahkett.”
very truly,
—On Thursday Kiernan's reported; “Mr. Robert Garrett
is now at Delmonico’s, and said to us; ‘ My letter to Mr.
Smgerly is absolutely correct, and represents my position in
mistake.
As 1 have stated, I had options, but
it unnecessary to close Them.
“The Baltimore & Ohio Railroad Company,
its large telegraph system and the
Rutland Railroad.
The annual
[Vol. XLV,
CHRONICLE
$26,831
24o,0(>0
1,695
36 days, at 5 3-10 p. ct. lOO.ooO
9,984
3
particuLr.
Negotiitions are all oil * Do you
Mr. Garrett, that you are not negotiating with
$378,513
any syndicate outside of the Ives people? Mr. Garrett replies :
PAYMENTS.
I have said all I care to say.
I have nothing to add about
Notes paid (none outstanding)
$100,000 other
people or syndicates, and my letter published this
Interest on the same
579
Addison taxes
83 morning must speak for its- If.’
Burlingtou taxes
84
Central Railroad of New Jersey.—At the request of
129
Old claims sett ed
Real estate added to
50 Messrs. Brown, Shipley & Co., of London, and of the trustees
Dividends (two, 75 cents each, February and August)
63,08 > of the consolidated, convertible and adjustment mortgages,
Addison Railroad rent
15,< 00
Coupons, 5 per cent bonds
74,662 and for the benefit of the minority bondholders who have not
90,«16 yet availed themselves of the opportunity to subscribe to the
Coupons. 6 per cent bonds
Expenses and salaries
' 9,853 new bonds of this company, the books of subscription to said
2*,163 bonds are reopened until August 2 next upon the original
Cash on hand
$376,513 terms of the propositions of the company.,
Up to July 20 the following amounts of old securities,
The balance sheet shows cash deficit $45,045, same as Aug.
being
than a majority of each issue, had been sub¬
1, 1883 ; rent duo and unpaid, $87,412 ; construction account scribedmore
for the new general mortgage bonds ;
(Aug. 1, 1883), $2,502,613; unp-iid dividends, $1,846; coupons Subscribed.
Total issue.
due, unpaid, $7,686 ; profit and loss, balance credit, $127,126.
$9,729,000 Consolidated bonds
$15,00 ,000
the fullest
mean to
say,
*
4,100,000
3,264,000
GENERAL INVESTMENT NEWS,
5,254,000
bonds
1,' 80,000
Railroad Net Earnings.—The following table shows the
$2o,.j52,200 equal to 69 per cent of
$29,193,000
latest reports of net earnings not heretofore published.
Additional conversions of other high-rate interest obliga¬
-Jan.lio June30.1886.
Is87.
tions, such as car trusts, and stocks and bonds of the con¬
1887?me’ 1886.
sg
$
stituent companies, into the new 5 per cent gen ral mortgage
$
$
Name of Road.
379,"21 2,667,885 2,166.578 bonds, have been made to the extent of $2,255,050.
Chic. St. L. & Pitts...Gross. 436,876
585.66 L
2u0,516
79,209
33,956
Net...
218.709
By special order of the United Stales Circuit Court, author¬
4h,407
Det. B. C. & Alpena..Gross.
105,081
Nt t...
22,606
ity nas been given for a contract which has been executed
1,84 »,2.66 wTith the Central Trust Company, as agent for the re ceivers,
•Mexican Central
Gross. 353.645 274,761 2,321,0 *3
ft 6.700
Net...
78,712 1,051,035
128.645
1,080, 0 2 and as trustee of the new general mo tga.e bonds, whereby
Gross. 241,071 178,139 1,454,2*40
Nash. C. & St. L
417, 94
42,023
Net...
117,830
75.205
$2 000,600 of the said bonds have been deposited with the said
2,33 L. 313
2,757,000 Convertible bunds
2,368,000 Debenture bonds
4,4a,.00 Adjustment bonds
l,o77,< 00 New Jersey Southern
(
•Oregon R. & Nav.
•June
^
1687.
Name
Gross.
Net...
Cln. Ind. St. L, & C.. .Gross.
Net...
$
55,530
13,071
191,098
it
A
64.464
289,043
268,250
1)6.114
Trunk..Gross.
50,006
14,861
18,363
87,770
46,9 "8
7,586
is,024
3,970
3,76 6
Net...
Det. Gr. II. & M....Gross.
Net...
2,159,928
880,9 2
—Jan. 1 to
927,1 90
Man 3L.—
1887.
1886.
$
03,102
22,005
217,707
80,033
et...
Grand Trunk of Can.. Gross.
Chic. & Gr.
4 81,735
199.750 240,014
May.
*
Net...
estimated.
of Road.
Cairo Viu. A Chic
423.750
Co.Gross.
$
285,154
65,544
1,068,001
417.418
£
1,381,037
1886.
$
225,731
31.570
1,008.901
372,410
1,268,577
344.022
239 '498
70,404
40,414
.
95.507
9.»,418
17,370
21,227
$
$
$
212,058 1,110,900 1,014.753
tBome Wat. & Ogd...Gross. 234,638
373.13 4
410,743
Net...
75,007
90,< 08
592,700 3,857,1*46 3,416,49-5
So. Pac. Co., Atl. sys.Gross. 914,167
781,*10
751,908
Net...
342,355
48,715
8.'50,139
Pacific system
Gross 2,227,147 2,146.525 9,572 768 4,29 <,802
Nt-t.. 1,1 55.400 1,192,560 4,089,2 48
Total all
G' o.^s 3,141,314 2,739,225 13,429,953 12,106.647
Nrt.
1,497,755 1,241,275 4,841,157 5,073,612
3
c 68,0*7
191,471 1,343,270 1,031,3
Gal. Har. & San An.Gross
91,559
165,85 a
Net..
137,755 df.l?>,^13
251,755
316,158
73,281
4 0,550
Louisiana Western Gross
122,685
137,5.s2
Net..
40,252
18 070
1,6
4 6,996 1,706,2>8
28<>,2
45
332,148
Morgan’s La. & T...Gross
431,760
240,638
$
.
Net...
N. Y. Tex. & Mex..Gross
Net
Tex. & NewOrl’ns..Gross
Net..
tSame roads
.
32,982
89,932
23,215
9,478
117,136
11.a 30
df. 1,558
61,938
17,933
63,001
70,742
3,0.36
480,019
204,826
52,493
df.ll,o 17
370,868
147,566
iucluded both years.
& Pacific
is largely interested. Twenty-two miles of track are no v. laid,
30 milts are giaded, and materials are on hand for 35 miles
Arizona Mineral
Belt.—In this road the Atlantic
in all.
May.
,
£
281.581
83,392
the new gen¬
if not otherwise provided for during
receivership.
Cincinnati Indianapolis St. Louis & Chicago.—Earnings,
expenses and charges for May, and for eleven months of the
fiscal year, were as follows :
payment of the interest on
irustee to secure the
eral mortgage bonds,
the continuance of the
IS 87.
>
July 1 to May 31.
1885-6.
,
1886.
18*6-7.
*
$191,698
137,674
127,234
$2,460,966
$2,232,744
Operating expenses...
Net earnings
Fixed charges
$8<',o33
50 0 0
$64,404
50,uoO
$972,347
$861,685
Gross earnings
$2L ',;o7
1,«9*,649
550,oOO
$422,347
1,371,659
55o,000
$311,085
$30,033
$14,464
Evansville, Ind.—A press dispatch from Evansville, Ind.,
July 21, said : “ The City Council last evening
the remainder of the bonded debt, having settled half of it
last Febiu*ry by issuing new 4}^ per cent twenty-five year
bonds for old sixes and sevens.
Last night’s settlement was
by issuing new sixes for water-works seven-thirties, and fours
The sevens are for the term of twenty-five
for railroad aid.
Surplus
compromised
years.
The compromise w.-is
made through M. C. H. Venner,
banker, of Boston. The old bonded debt was $1,0 >1.000.
new debt was $2,145,060, including interest defaulted for
eral years.
The annual interest to pay
Iron Railroad (0.)—The report for
30 gives the following information :
hereafter is $102,175.”
the year ending June
1885-86.
Net
...
Balance
3-.405
40,616
$5,148
earnings..>
Divi ends
1886-87.
$8^,7 64
Gross earnings
Operating expenses
The
sev¬
...
27,000
3O.000
$15,148
Cleveland dispatch rof July
The total to profit and loss June 30, 1887, was $18,522..
“The As-tabula & Pittsburg, Niles & Alliance,
Kentuckj Central.—Bonds and stock of the Kentucky
Lawrence & Newcastle and New Brighton Railroad Com¬
Central R til way Company are now ready for Lsue by the
panies, in the Mahoning Valley of th<s State, we-e consolidated Metropolitan Trust Comp ny against surrender cf outstanding
yestenNy under the name of the Pittsburg Youngstown & certificates o* d* p tsic of bon is and stock of the Kentucky
Ashtabula Railroad Company. The new line is 125 iuile.i
Central Railroad Company under reorganization agreement
long and it connects Ashtabula Harbor with the Pennsylvania dated February 1, 1887.
system.”
Ashtabula & Pittsburg.—A
21, says:
July
THE
23, 1887.]
CHRONICLE,
Lehigh Navigation—Central of New Jersey.—The Phila¬
delphia Ledger, referring to the L. & N. lease to the Central
of N. J. R-itlroad in 1871, as modified by the agreement with
Reading in 1883, says :
“This agreement guaranteed to. the Lehigh Navigation
Company a minimum annual rental for its railroads of $1,414.400, and gave it other substantial advantages which it did not
enjoy under the original lease of 1871. In view of the ap¬
proaching rupture of the tripirtite agreement, it became nec¬
essary to decide whether the Lehigh Navigation Company’s
railroads reverted to their owner, or whether, if the New
Jersey Central resumed possession, it should do so under the
original lease of 1871, or whether it would assume the obliga¬
tions to cue Lehigh Navigation Company which had been
assumed by the Reading Company under the
agreement of
1883. After several months of negotiation the Lehigh Navi¬
gation Company and the New Jersey Central have ex c.uted
an agreement which establishes the relations between the two
companies, providing chat wherever the agreement of 1871
and 1883 differ in th^ir terms, the latter agreement shall be the
governing one. This agreement fixes as before the minimum
annual rental of the Lehigh &
Susquehanna Railroad at
$1,414,400, provides that the New Jersey Central shall
cause
the anthracite lands controlled
by it to be devel¬
oped so that they shall continue to produce about as
large a percentage of the total annual output of anthrac te as
they do now, and have done in the last few years ; and that
their product shall be sent to market over the
Lehigh & Sus¬
quehanna Railroad ; and, further, that not more than onequarter of the anthracite product of lands owned or con¬
trolled by the Lehigh Navigation
Company shall be sent to
market over railroads other than the
Lehigh & Susquehanna.
These provisions insure a very large and
increasing coal busi¬
ness to the Leh'gh &
Susquehanna Railroad, and make it easy
for the New Jersey Central to earn the
stipulated rental.
The New Jersey Central further agrees, to lease the railroad
now being built
connecting the Lehigh & Susquehanna Rail¬
road with the city of Scranton, and to
pay therefor an annual
rental of 6 per cent on the cost of the railroad free of ail
taxes.
At the time of the original lease, in 1871, the New
Jersey Central purchased from the Lehigh Navigation Com¬
pany the tquiprnent of locomotives, cars and tools of the
Lehigh & fcusqu hanna Railroad at the appraised value of
$2,310,000, and assumed the payment of the interest and of
the principal at maturity of $2,310,000 of the Lehigh
Naviga¬
tion Company’s gold loan of 1897.
It now agrees to deposit
with the trus'ees of that loan $2,310,000 of its new
general
mortgage bonds, which, with the equipment, shall be held as
security for the stipulated payments of principal and interest ”
Mexican Central.—The Boston Journal reports of
the
company’s new lines: “The con-truction work
on the Guadalajara branch is now going forward
v*-ry rapidly.
About 17 miles of track are laid, and the grading for 30 miles
work
on
this
is about completed.
All the rails on hand have been
used up, but a cargo of 556 tons is now on the way from Eng¬
more
land, and is expected to arrive about August 8. Another
cargo of 1,700 or 1.800 tons has been started and will arrive
some time during the latter
part of next month.
The work
on the Tampico division is also
going ahead as fast as is prac¬
ticable. The grading to the MetasOpa canyon is well advanced,
but a rock cut, about 25 miles from that
point, will delay
track laying for three or four weeks.
The rails are already
down ckxse up to this cut, and as soon as the work is done
there they will be laid to the canyon, where it is probable a
delay of three
or
four months will be encountered.”
Nashville Chattanooga & St. Louis.—Tliegro«sandnet earn¬
ings for June and for the fiscal year were as below:
/
Gross earnings
Operating
.Tune.
1837.
1886.'
.
$241,070
expenses—
Neteamincs
Interest and taxes
Improvements
123,240
$178,138
102,934
Fiscal year
lbSti-7.
1885-6.
$2,774,-48
1,578,OIL
$117,830
$50,555
$75,204
$56,165
$1,195,637
18.671
1,738
119,480
$709,834
.
$2,-88,110
1,32^,858
$365,252
$675,096
45,221
113
the allotment to $8,000,000.
This money will be utilized at
once in making improvements.
Among them is the elevated
railroad through Jersey City, making four tracks between
Jersey City and Pittsburg, aud the enlargement of the ter¬
minals of the company at
Jersey City, Harrisburg, Philadel¬
phia and Pittsburg.
Pittsburg & Western. — On July 19 a mortgage of
$10 000,000 executed in favor of the Mercantile Trust
Company
of New York, by the Pittsburg & Western Railroad
Company,
was recorded at Newcastle, Penn.
Rome Watertown & Ogdensburg.—Following is the state¬
earnings and expenses for May and the eight months
ending May 31, 1886 and 1887, including Utica & Black
ment of
River in both years:
-1lay.
Operating
expenses
St.
1886.
nios.
ending May 31.—%
1886-7.
1885-6.
$235,250
$2 2,185
144,029
$1,898,“81
137,051
3,089,293
$1,740,448
1.038,738
$75,134
$808,987
$701,709
..
Net earnings
,—8
,
1887.
Gross earnings
$91,221
Joseph & Grand Island.—-The St. Joseph & Grand
Island road will be finished to Stromsburg,
Neb., this week..
It is stated that a branch from McCool Junction to
Neb., 50J>£ miles, will then be built; also
Neb., 89 miles, to Alma, Neb.
Fairburg,
one
from Fairfield,
St. Louis Yandalia & Terre Haute.—Judge Gresham, at
Springfield, Ill., has decid d against the Pennsvlvania Com¬
pany in its suit to prevent the Cincinnati Hamilton & Dayton
from making use of the Vandalia line.
The Judge denied the
motion
for
receiver for the St.
a
Louis Vandalia & Terre
H'Ute, and refused a temporary injunction to prevent the
Terre Haute & Indianapolis
Company from operating the
Vandalia road under its lease. The lease has bjen in existence
for about 20 years, and Judge Gresham no doubt hesitated to
break it summarily in the preliminary proceedings.
When
tlie matter
comes to be finally heard the Vandalia
people
anticipate that they will be able to give the court good reason
for revoking the lease.
Southern Pacific Company.—The following is a compara¬
tive statement of the earnings, expenses and fixed charges of
this company
total mileage is
for May, and J*nuary 1 to May 31.
4,948, against 4,699 last year:
May.
/
Gross
Earnings—
,1887.
Pacific system
Atlautic system
s
1886.
/
The
Jan. 1 to May 31.
1887.
$2,227,147
914 167
$2,146,525
$3,141,314
$2,739,225 $13,429,953 $12,166,637
$1,155,400
$1,192,561
$1,089,248
342 355
$4,291,803
48,714
751.908
781.809
Total net
$1,497,755
Rental leased lines...
70,-24
$1,241,275
$4,841,156
$ ,073,612
46.680
368,978
233,402
$1,287,9 5
$5,210,131
$5,307,014
Total groFS
Net
Earnings—
Total net income..
Net profits
Construction and
$l,57t,579
imp.
Balance
*
592,700
$9,572,763
3,857,185
$8,750,’39
8,416,498
-
Pacific system
Atlantic system
$333,270
85,053
$125,119 df$746,r 60 df.$>07,166
31,733
266,937
109,072
$298,162
$33,3Sldf$l,013,597 (if $616,238
, •
Includes interest, rentals, Cent. Pac. guarantee, taxes and U. 8. dues,
South Pacific Coast.—A mortgage for $5,500,000 by the
Railway Company to the Farmers’ Loan
of New York has been filed in Alameda
County, Cal. The loan is for fifty years and is to draw four
South Pacific Coast
and Tru-t Comp my
per cent
South
interest.
Pennsylvania.—The Philadelphia Inquirer of the
15th reported that a paper setting forth the schema for the
construction of the South Pennsylvania Railroad line had
been circulated for signalures, and holders of $10,000,000 of
the $15,000,000 subscribed had signed, and thereby promised to
pay
the balance of their uncalled subscriptions.
The paper
gives F. B. Gowen, David Host* tter, Francis Lynde Stetson,
Henry Phipps and George F. Baer
committee of
do e^ervthing
$75,226
$57,903
$329,314
$720,317 originally intended.
Among the signers of the new agree¬
Surplus
$42,604
$17,301
$366,323
$144,935 ment a»e Corn* lius and W. K. Vanderbilt for $5,000,000 £
Norfolk & Western.—The Norfolk & Western Railroad has David Hostetter, $2,000,000 ; Ralph Bagley, $1,000,000, and
Henry Phipps. $500,000. Andrew Carnegie, whose subscrip¬
let the contract for the construction of the first
twenty-five
miles of the Clinch V lley extension of the company’s system, tion was $ l,000,000, is now in Europe.
and already 3.0eC men have been put to wont and an
equal
Yicksburg-& Meridian.—The reorganization committee
number will, it is expected, be employed steadily.
Syndicates has modified the plan so as to carry it out without foreclo-ure.
are reported to have fought up large tracts of
mining lands The present firsts are to remain and a new consolidated
along the toad, expecting to develop the mineral resources of mortgage is to be issued to take up the old 2ds and past-due
the country as fast as the extension is built.
interest thereon, interest 4 per cent for two years and 5 per
cent for 3 years.
New preferred stock to the amount of
Ohio & Mississippi;-—A circular lias been issued by Mr.
John Lornie ot Ktrkcal v, Scotland, urging an amicable set- $10,000 per mile is issued and land sales will be applicable to
lement between the comm n and preierred shareholde 8 of divid* nds on it. The present in* ome bondholders pay 10 per
this company, by the issue of 5 per cent bonds in exchange for cent as-easment and receive 70 per cent in new preferred
the preferred stock, on the basis of $150 in bonds for $100 of stock and 30 per cent in new common stock, the assessment to
be r* presented by new consolidated bonds.
New common
the stock, with all arrearages of dividends.
In this case, as in
Present
others, an amicable -ettiement on some fair basis is certainly stock will be issued at the rate of $20,f 00 per mile.
will
preferred
stock
$5
receive
pay
ass
sament
and
50
per
c nt
preferable to litigation.
in new common stock.
The common stock will p.y $3 34
Pennsylvania.—The privilege of subscription to the allot¬ asse sruent and receive 33 13 per cent in new common
ment of new stock h s been entirely taken
If the plan is not adopted, the 21 mongage will b6
up.
The allotment steck.
was 8 per cent of
holdings, with the privilege of one share to foreclosed. Assents may be given up to Aug. 15. The com¬
each fraction of a share.
The allotment readied $7,881,700.
mittee believes that this will succeed, as many holders have
but the privilege given to the fractional shareholders will swell
already assented.
trustees to
Total
.
*
1886.
power as a
make contracts, build the road, aud
THE
114
CHRONICLE.
Reports anil documents.
SSEWR
ABSTRACTS OF RAILROAD
MORTGAGES.
publication is continued to-day of the provisions of some
mortgages of the Chicago Milwaukee & St.
Paul Railway Company. In the present number an abstract
is given of the mortgage of July, 1878, on the Iowa & Dakota
Division, the mortgage of June .25, 1879, on the Western
Union Railroad Division, the mortgage of July, 1879, on the
La Crosse & Davenport Division, and the mortgage of January,
1880, on the Southern Minnesota Division. They are arranged,
as usual, in the order of their dates of execution.
CHICAGO MILWAUKEE & ST. PAUL.
FIRST MORTGAGE ON THE IOWA & DAKOTA DIVISION
EXTENSION OF THE CHICAGO MILWAUKEE & ST.
PAUL RAILWAY, TO SECURE BONDS DUE JULY
The
of the leading
fVoL. XLV.
THE BOND.
cent First Mortgage Rond.
Date.—July-1,1879.
Denomination.—$1,000 each.
Amount A vt h orized— $4,000,000; with which were io be retired bonds
of the Western Union Railroad amounting to $3,500,000.
Coupon or Registered.— Coupon, but the company registers all its bonds
as to principal.
Interest Payable.—The interest is 6 per cent, payable January" 1 and
July 1, at the office or agency of the company in New York City.
Six per
Principal Payube.—July 1, U 09. in lawful money of the United States
of America, at the office, or agency of the company in New York City.
Taxation.—The Chicago Milwaukee & St. Paul Railway Company agrees
to pay all taxes and assessments which may be charged upon the
bonds or bondholders under this mortgage by any State through
which the said railway runs.
Sinking Fund. - None.
Default.—The provisions in case of default the same as in
mortgage of 1875. (V. 45, p. 86, July 16.)
Foreclosure Sale.—The provisions the same as in the con¬
solidated mortgage of 1875.
New Company.—The provisions the same as in the consol¬
idated mortgage of 1875.
1, 1908.
Trustees.—The provisions the same as in the consolidated
ortgage of 1875.
Date.—July 1, 1878, and Supplemental July 28, 1879.
Meetings of Bondholders.—Provisions the same as in the
Parties.—The Chicago Milwaukee & St. Paul Railway Com¬
pany, of the first part, and the Farmers’ Loan & Trust Com¬ consolidated mortgage of 1875.
pany, of New York, trustee, of the second part.
Property Covered.—(As given in the supplemental mort¬ FIRST MORTGAGE ON THE LA CROSSE & DAVENPORT
DIVISION OF THE CHICAGO MILWAUKEE & ST.
gage, which covers all property originally conveyed, with ad¬
ditional specifications.) The railway constructed and to be
PAUL RAILWAY, TO SECURE BONDS DUE JULY
constructed from Algona, Iowa, westerly, via Canton, Dakota,
1, 1919.
to and across the Missouri River, and thence westerly; also
Date—
July 1, 1879,
the railway to be constructed from Finley southwesterly to
Parties.—The Chicago Milwaukee & St. Paul Railway Com¬
and across the Missouri River, and thence westerly; also that
from Maxwell, Hutchinson County, to Yankton, in Dakota; pany, of the first part, and the Farmers’ Loan & Trust Com¬
that from Fire Steel, Hanson County, Dakota, through Stuts¬ pany of New York, Trustee, of the second part.
man County, northerly; that from Canton, Lincoln County,
Property Covered.—The railway heretofore known as the
northerly to Flandreau, thence through Moody County, north¬ Davenport & Northwestern Railway, extending from Daven¬
erly, “ as the whole of said railways may be constructed, port, Iowa, by way of Eldridge Junction, Wheatland, Oxford
equipped and put in operation, with the franchises and other Junction, Monticeilo, and Delhi to Fayette, Fayette County and
property, real and personal, belonging to said lines of rail the contemplated extension to a junction with the railway of
way,” including all lands, buildings and rolling stock now the first party at or near Fort Atkinson and thence northerly
owned or which shall hereafter be acquired for use upon said to the Southern Minnesota Railway, at or east of Lanesboro ;
lines of railway.
Before bonds are issued the railway shall together with the branch from Eldridge Junction by way of
be equipped with rolling stock “at the rate of five locomo¬ Delmar Junction to Manquoketa, in all a distance of about 250"
tives, four passenger cars, four baggage, mail and express miles more or less, constructed and to be constructed; includ¬
cars, one hundred box freight cars, twenty stock cars and
ing all lands, fixtures, buildings and rolling stock, now owned
twenty fiat cars for each and every hundred miles of railway.” or hereafter acquired for use upon said lines of railway.
the consolidated
THE BOND.
Iowa & Dakota Division 7 ptr
THE BOND.
cent Bond.
Date.—July 1, 1878.
Denomination.—$1,000 each.
Amount Authorized.— $15,COO a mil*. The Bonds are to be issued only
as the railway is constructed and in operation, in sections of n >t le^s
than ten miles.
Coupon or Registered.—Coupon;
as to principal.
but tlie company registers all its bonds
Interest'.Payable.—1The interest is 7 per cent per annum, payable Janu¬
ary 1 and July 1, at the ollice or agency of the company in New
York City.
Principal Payable.—Julv 1, 1908, in lawful money of the United States
of America, at the ollice or agency of the company in New York
Ci'y.
Taxation.—The company
agrees
to pay all taxes and assessments
charged by any State, through which the railway runs, on any of the
bonds or bondholders under this mortgage.
Convertibility.—The obligor “agrees to transfer to the bearer, at his
option, ten shares of one hundred dollars each of its preferred stock at
any time within ten days after any dividend shall have been declared
and beef me payable on said preferred stock, upon the surrender to
the obligor in the City of New York of this bond and the unmatured
coupons.”
*S'inking Fund.—None.
Default.—The provisions in case of default the same as in
mortgage of 1875. (V. 45, p. 80, July 16).
Foreclosure Sale.—The provisions the same as in the con¬
solidated mortgage of 1875.
New Company.—The provisions the same as in the consoli
dated mortgage of 1875.
Trustees.—The provisions the same as in the consolidated
mortgage of 1875.
Meet trips of Bondholders.—The provisions the same as in
the consolidated mortgage of 1875.
the consolidated
FIRST
MORTGAGE ON THE WESTERN UNION RAIL¬
ROAD DIVISION OF THE CHICAGO MILWAUKEE
& ST. PAUL RAILWAY, TO SECURE BONDS DUE
JULY 1, 1909.
Date.—June 25, 1879.
Parties.—The Chicago
Milwaukee & St. Paul Railway Com¬
and the Western Union Railroad Company, of the first
part, and John S. Kennedy and John S. Barnes, Trustees, of
5 Per Cent First Mortgage
Bond.
1,1879.
denomination.—$1,000 eaoh.
Amount Authorized' - $3,000,000.
Date.- July
Interest
ary
Payab'e.-The interest ia 5 per cert per annum,
payable Janu¬
1 aiid July 1, at the office or agency of the Coni] any in N. Y.
Principal Payable —The principal ia payable in lawful money i f
United States of America at iho same place July 1, 1919.
Coupon or
as to
Registered.—Coupon,
principal.
the
but the company registers all its bonis
Default —In case of default of interest for six months,
the whole principal sum
the option of the holders
respectively of such bonds, and this lien maybe enforced,
and the income from the mortgaged premises shall vest in the
trustee, without demand or notice.
In case of default as
aforesaid, or in case of failure to comply with any of the
requirements hereunder, pr to pay taxes, &c., after written
notification to act from the trustee, or in case of default of
then, without demand or notice,
shall become due and payable at
principal for six months, the trustee is authorized, upon the
request in writing of the holders of 800, bonds to enter upon and
operate the property; and to apply the net proceeds to the pay¬
ment of interest due, “giving preference therein to interest
coupons in arrears, in the order of their maturity;” and it
shall be the duty of the trustee to enforce the rights of bond¬
holders, by entry or legal proceedings, upon the request, in
writing of holders of 800 bonds, unless the holders of a major¬
ity of the bonds request some different course of action.
And in case of default of interest or principal for six
months, it shall be lawful for the trustee to sell the property
at public auction, and the net proceeds therefrom shall be
applied to the payment of the principal of the said bonds,
whether due or not, and likewise to the payment of the
accrued interest, without discrimination as between principal
and interest, but ratably: and it is hereby declared that on
any sale of the mortgaged premises the principal of all out¬
standing bonds shall be immediately payable.
Trustees.—Provisions substantially the same as in the
consolidated mortgage of 1875, but no citizen of the States of
Wis., Iowa or Minn, shall ever be appointed trustee hereunder.
pany
the second
Pr
part.
periy Covered.—The entire
MORTGAGE ON THE
SOUTHERN MINNESOTA
CHICAGO MILWAUKEE & ST.
RAILWAY, TO SECURE BONDS DUE JAN.
DIVISION OF THE
franchises and property, real
personal, of the Western Union Railroad, extending from
Racine, Wisconsin, via Beloit, Freeport, Savanna and Port
Byron, to a junction with the Chicago Rock Island & Pacific
Railroad, near Rock Island, Illinois, being a distance of about
190 miles ; together with its branches from Elkliorn to Eagle,
in Wisconsin, IOC, miles, and from Watertown to Hampton,
in Illinois, four miles, and the Savanna Island extension
including in the above all lands, buildings and rolling stock
now owned,
or which shall hereafter be acquired, for use
upon said line of railway.
and
FIRST
PAUL
1, 1910.
Date.—January 1, 1880.
Parties.—The -Chicago
Milwaukee & St. Paul Railway Com¬
Farmers’ Loan & Trust Comof the second part.
Property Covered.—The railway extending from the west
bank of the Mississippi River, opposite La Crosse, westerly
pany, of the first part, and the
panv of New York City, trustee,
via
Fairmount
Minnesota, to Flandreau,
southerly to Sioux Falls, together with the
and Jackson, in
Dakota, and thence
THE
July 23, 1887.J
CHRONICLE
branch from Wells, Faribault County, Minnesota, to Mankato,
Blue Earth County, with the extension to be constructed from
Mankato to Minneapolis, and also to St. Cloud in said State,
in all a distance of about five hundred and forty miles, being
the railroads formerly known as the Southern Minnesota
Railway, extending from opposite La Crosse to Winnebago
City, the railway of the Southern Minnesota Railway Extension
Company from Winnebago City to Flandreau, and thence to
Sioux Falls, the Central Railroad of Minnesota, from Wells to
Mankato, with the extension to Minneapolis and to St. Cloud,
and all since known as the Southern Minnesota Railroad, with
“all property of every kind and description, whether now
owned by the party of the first part, or hereafter acquired,
belonging or appertaining to the railway hereby conveyed,
and heretofore belonging to either of the companies above
named, together with said extension to be constructed, and
now owned or hereafter owned by the
party of the first
part, except the land grant lands of any of said companies
not necessary for the operation of said railways,” including all
rolling stock and franchises, etc., now owned or which may
hereafter be owne d, and also the line of telegraph from La
Crosse to the western terminus of the railway, with all instru¬
ments, etc., now held or hereafter acquired.
THE
BOND.
Southern Minnesota
Division, Six
Date— January 1. 1;80.
per cent First
Mortgage Bond.
Denomination.—$1,000 each.
Amount
Authorizul.—$9,<>00,000; of this amount $6,124,000 bonds to Ve
held by the Tru.'tee fur the retiremeut of bonds, aggregating $5,423,0(0, issued by the Southern Minnesota Rail:oad Company, the
Southern M nnesoia Railway Extension Company and the Central
Railroad Company of Minnesota, $462,000 to be used only for the
completion of the raitrr ad from Flandreau to Sioux Falls, and
$414,0i>0 only for the purchase of rolling stock and equipment for
the railway covered by this mortgage, said rolling stock to be
registered ; $2,000,0; 0 to be applied onlv to the making and equip¬
ment of an extension fiomMankato to Minneapolis, by construction
or connection with an existing road, the bonds to be issued ai the
rate ol $15,000 per mile of new and completed load for sections of
not less tbau ten mih s.
Coupon
or
Interest
Payable.—The interest is 0
Reg inured.—Coupon
but may he registered as to principal.
per cent, payable, January land
July 1, at the ottice or agency of the Company in New York City.
Principal Payable.—The principal is payable January 1, 1910, in 1 twful
money of the United States of America, at the otlice or agency of
the Company in New York City.
Sinking Fund.—None.
;
115
Jhe Catmumial Jinxes.
COMMERCIAL
EPITOME.
Friday Night, July 23, 1887.
severity, causing much physical
suffering and many deaths, and giving rise to reports of
serious injury to the growing crops, came to an end early
in
the current week, closing up with Btorms of great violence.
The cooler weather gives an impulse to the opening of trade
for the coming autumn, and leaves mercantile affairs in good
position. A strike of cokemen in Pennsylvania, which has
been in progress since the first week in May. and involved
many thousand operatives, failed and has
been declared
off.”
A strike of the
engineers on the Brooklyn
A heated term of unusml
“
Elevated Railroad
troubles affecting
also
failed
;
but
there
are
fresh labor
the slice manufacturers of Massachu¬
setts.
Exports of breadstuffs have materially decreased.
The speculation in lard for future delivery has shown a good
degree of spirit, and early in the week prices were quite
strong, in sympathy with Indian corn, which was firmer on
reports of drought; but since Tuesday prices have given way,
but were rather steadier at the close to-day.
Lard on the spot
was also decidedly higher, but buyers held off and the market
became irregular, closing, however, firm and more active at
6*65o. for prime city,
92\±c, for prime to choice
Western. 7T5c. for refined to the Continent and 7 503. for
fined
to
DAILY CLOSING PRICES OF LARD
Saturday.
Aujr. deliv’y
7 02
7*12
Sept).
“
..
..
October
Nov.
re¬
South America.
“
“
..
..
7*16
7 02
Mond’y.
Tvesd’y.
7 03
7*13
7-17
703
7*00
7 09
7 14
699
FUTURES.
Wedns’y. Thursday.
6-92
7 02
7*07
6*94
6-89
6*99
7*02
6-85
Friday
6-89
700
7 04
6-85
6*91
6 90
January “
Pork further advanced and then partially declined, with a
f*ir business induced by the freer offerings; Oil mess, $15 25@
...
....
....
....
new do., $16@l6 50; prime, $14 25@$14 50, and clear,
$16@$17 25. Cutrmats have further improved but closed
dull; pickled bellies 9(a9JJc., shoulders
7c. and hams
12K@i*/8c*5 smoked shoulders 7'J4(a)8e. and hams 13c. Beef
remains nearly nominal.
B^ef hams steady at $21@$21 50
Default.—In case default shall be made and continued for
Stearine is quiet at
six months in the payment of interest or principal of said per bbl. Tallow more active at 3:)4C.
8tg@8^c.
Oleomargarine
dull
at
Butter is decidedly
bonds, or in the fulfilment of any other requirement of this
mortgage deed, the trustees shall have the option to pursue higuer at 17@ 22c. for creamery and 15@19c. for State dairy.
either of the following remedies, viz. :—First—To enter into Cheese has been active and advancing, closing at 9@ lO^c. for
The swine slaughtered at the prin¬
and operate the property, and to apply the proceeds ratably State factory, full cream.
to the payment of interest in the order in which such interest cipal Western towns, March 1 to July 20, numbered 3,315,000,
shall have become or shall thereafter become due ; and, after against 3,330,000 s ime time last year.
The following is a comparative summary of the aggregate
paying all interest which shall have become due, to apply the
residue of the same to the satisfaction of the principal of the exports from November 1 to July 16th.
1886-7.
1835-6.
bonds ; or, second—to apply to any court of competent juris¬
30,606,400
804,80031,411,200 Dec.
diction for the appointment of a receiver ; and if such re¬ Pork, lbs
Bacon. &c., lbs
354,133,156 Dec. 30,509.008
323.630.148
ceiver be nominated by the holders of a majority of the bonds, Lard, lbs
227,720,725
209,907,L22
Inc. 17,813,603
then “such appointment shall be made by the said court as a
The speculation in Rio coffee unde further progress toward
matter of strict right to the party of the second part, and to
higher prices in the face of unfavorable foreign accounts.
the. bondholders represented by it:” and it shall likewise be The
very good regular trade stimulated a revival of c nfidence
lawful for the trustees to sell all the premises hereby con¬
among operators for the rise.
But a reaction began on Wed¬
veyed, at public auction, and to apply the proceeds to the pay¬ nesday, under which a part of the advance hi.8 since been
ment of the principal of these bonds, whether due or not, and
lost, with considerable telling to realize, closing with sellers
of the accrued interest, ratably, to the aggregate amount of at 18*60c. for the summer and autumn months and 18
65@
such unpaid principal and interest.
I8*85c. for the more distant options. Coffee on the spot contin¬
In case default of interest shall continue for six months, the ued in
good demand and fair cargoes touched 20%c , but the
rincipal of all the bonds shall at the election of the trustees market to day was dull and nominal at 20(3)20^40., and 3,750
ecome immediately due and payable.
piculs Padang sold at26t^c. to arrive.
In case of default,it shall be the duty of the trustees to take
Riw sugars have been active in the regular way and prices have
action, provided, if the default be in the non-payment of in¬ further improved; fair refining Cuba is quoted at 4 9-16c., and
terest or principal, one-tenth in amount of the bondholders
centrifugal, 96 deg. test, at 5 5 16c., the sales to-day including
shall make requisition to that effect, it being expressly de¬
77,921 mats Manila at 4}&c. Refined sugars are active. Mo¬
clared that the rights of entry and sale are intended as cumu¬ lasses is dull and
nearly nominal at 18^c. for 50 deg. ttstlative remedies, and that the same shall not be deemed in any There is a fair trade in teas.
way to deprive the trustees or the beneficiaries under this
Kentucky tobacco is quieter; salfs 400 hhds., of which 200
trust of any remedy by judicial proceedings consistent with for
export, at pi ices ranging from 4J^c. to 16c. for light lugs
these presents ; but if the default be in the omission to comply to selected leaf.
Crop reports are not favorable. S^ed leaf
with any requirements of these presents, other than the pay¬ continues
quiet,
and sales for the week are only 825 cases, as
ment of interest and principal, the requisition shall be as follows: 250 cases 1880 and 1885
crops, Pennsylvania,
aforesaid, but the trustees may at their discretion waive the 15c.; 125 cases 1885 crop, Pennsylvania Havana, 10@12)^c.;
rights of the bondholders by reason of such default “subject, 200 cases 1886 crop. New England, 12}£'<2>133^c ; 150 cases
however, to the power (hereby conferred) of the holders of 1884 and 1885 crops, Dutch, 10@13c., and 100 cates 1885 crop,
said bonds, acting by a ma jority in interest, to instruct the Wisconsin
Havana, 6@8c.; also, 400 bales Havana at 60c.@
said trustee or trustees by requisition in writing (which shall
$1 05, and 200 bales Sumatra at $1 35@$1 55.
be imperative upon such trustee or trustees) either to waive
Spirits turpentine lias declined to 32c. and is dull. Rosins
such default or to enforce the rights of such bondholders by meet with some demand at
$1 02V£@$l 10 for common to
reason thereof.”
good strained. Crude petroleum certificates luve further
Trustees.—Any trustee may be removed, and any vacancy declined, closing at 5934(a) 59?gc* Wool has sold more freely
in the office may be filled,by the vote of a majority in interest at prices s ightJy favoiing buyers. The t fferings are large.
of the bondholders, at a meeting duly called for the purpose; New hops begin to come to market, but prices are well sup¬
and in case it shall prove impracticable to fill in this manner ported.
'
such vacancy, application may be made by the surviving
Metals are generally quiet. The end of the coke strike prom¬
trustee, or ff the trust be vacant, by holders of bonds ises to cause at once a great increase in the production of pig
amounting to $100,000. to any Court of competent jurisdiction iron. The speculation in straits tin is more active at better
for the appointment of a trustee; a majority in interest of prices, and to-day there were sales at 23T23^®23*15c. for
the bondholders shall he entitled to nominate the person to be
August, 22'95(a)23c. for September and 22 85c. for October.
so appointed.
Ingot copper is quiet at 10.Ja@10J*£c. on the spot and 10%@
Bondholders' Meetings.—Meetings of the bondholders shall lOJ/c. for futures. Lead is steady at 4 @ 4;4jj* , and spelter
be called by the trustee, upon the request in writing of the sold to-day at 4*5234°. for 25,000 lbs.
holders of not less than one-fifth in amount of the bonds out¬
Ocean freights are firmer; grain room is scarce, but there ■
standing; in default of such meeting being called by the trustee, is no urgency of demand; business to-day was at 3%<1. to Liv¬
within ten days after request, it shall be competent for erpool, 3%c. to Rotterdam, 3s. per quarter for two steamers
-holders of bonds to the amount of $100,000 to call said meeting. to Cork fur orders, andjls. 9d. for one to Barcelona.
$15 50;
,
IVol. xlv.
THE CHRONICLE.
S 116
cleared,
figures for New York,
Messrs. Carey, Yale
us
July 22, 1887.
Friday, P. M„
The Movement of the Crop, as indicated by our telegrams
from the South to-nierht, is given below. For the week enrtir g
this evening (July 22), the total receipts have
reached 3,295
m
New. Orleans...
m
m
m
1,425
mmmm
583
€60
5
Mobile
Florida
•
....
.
•
.
«
,
a. ««
.
,
11
2
6
O
Royal, &c.
....
mmmm
....
....
Moreh’dC.&o.
....
13
Norfolk
....
15
2
....
West Point,&o
New York
3
....
Boston
m
•
m
W
w
Baltimore
•
m •
Philadelp’a, &c.
5
Totals this week
1.460
*
u
o
•
•
•
•
•
..
__
m
mmrnm.
»
m. m
11
....
mmmm
» M »
87
....
3,295
113
340
25
3
■
•
11
63
68 7
670
•
....
19
....
•
mmmm
•.
....
the week’
stock to-night,
For comparison, we give the following table showing
total receipts, the total since Sept. 1,1886, and the
and the same items for the corresponding periods of last year.
Galveston..
This
Since Sep.
This
Since Sip.
Week.
1, 1386.
Week-
1,1885.
746
706,686
42
.
781
1,251 1,724,8S0
61
246,795
7
50,163
23,167
794.661
Florida
Savannah.
91
..
Br’sw’k, &c
Charleston
22
..
Pt.Royal,&c
Wilmington
M’head C.,&c
.
15
Norfolk
W.Point.&o.
......
31,731
368,092
19,212
134, Gs2
3,839
532,122
1,604
7,821
561,896
324,071
96
284,467
S20
16,613
4,7l0
1,116
5,850
836
3.110
•-
733
585
2,760
4,396
50,171
130,610
187,250
15,713
7,947
9,830
11,484
212,622
256.296
96,802
682
119,328
3,400
01,441
1,022
61,199
472
......
50,952
163
58,329
6,744 5,289,612
3,295 5,202.098
be made with other years, we
give belov the totals at leading ports for six seasons.
In order that comparison may
Galvest’n.&c.
New Orleans.
42
746
70
77
3,670
184
3,017
1,251
296
770
2,145
675
7
61
25
86
250
239
91
377
512
181
160
220
22
735
16
77
179
151
5
5
14
26
169
221
Mobile
Savannah
1882
1883
1884.
1885.
1886.
1887.
Receipts at—
...
Charl’st’u.&c
Wilm’gt’n.&c
....
mmmm
15
1,604
W. Point, &o.
....
96
AH others
101
Norfolk
...
1,101
1,874
2,194
6,744
3,295
Tot. this w’k.
844
996
245
100
437
1,135
934
....
-
8,296
2,800
Since Sept. 1. 5202,098 5289,6:2 4721,32 > 4801,184
3,198
6,126
CJuarleston Includes Port Royal, Ac.,
Moreli’dCity.<fco.;Wost Point includes City Point, a c.
totnl
Britain, 40
The exports for the weekending this evening reach a
of 18,931 bales, of which 10,654 were to Great
to franco and 2,2 57 to the rest of the Continent.
Below
the exports for the week and since September 1,
1886.
From Sept.
Week Endtny July 22.
BriVn.
Galveston
New Orleans
France
Ccn.il.
T )tat
nent.
Week.
7,03 •>
7,053
..
Mobile
....
•
«
•
.
30,352
>
319,902
nent.
101.900
14,041
4*' 0
2.000
1,834
121.660
1 000
19,318
7,025
23,946
188,676
4,346
1,404
255
20,281
5,439
236.015
1,350
•
«
-
j
•
'
•
•
f
<
...
40
2 037
11.595
485.175
2 0
281
144 655
96.073
...
40,312
8,750
52.793
Philadelp’a, ,fc<
Total 1885-86
2,150
97.078
•
si
Total
7,960
326.220
<
9.518
Boston
43.966
90.823
...
West Point,&c
New York
18.643
233. If 9
10.054
34,584
40
Tvtm.
500
18 931
4.375
39,459 2,528.876 407,864
217,693
while this
opening
of
the recent sharp decline.'
uplands
and middling uplands nominal at 10%g.
The total sales for forward delivery lor the week are 483,700
bales.
For immediate delivery the total sales foot up this week
8,8c0 bales, including 6,207 for export, 2,653 for consumption,
for speculation and — in transit.
Of the above, bales
were to arrive.
The following are the official quotations for
each day of the past week.
—
Mon, Tues
Sat.
8*4
7Hia
8-qb
9*16
9*8
Ordin’y.tflb _7isle
8r.net Ord..
Good Ord..
8 r. G'd Ord 9^8
L >w Midd’g 10
8 r.L’w Mid lu'he
M ddling... 1038
Good Mid.. 105s
S tr. G'd Mid 10-8
Midd’g Fair 11*4
H70
F4lr
..
7^16
83,6
Sat.
8
87,6
938
9«ifi
915i0
Ih.
y.tflb 71116 734
8*4
Ord.. 83i0
9%
9316
Good Ord..
9»8
Sor. G’d Ord 9-ie
L »w Midd’g 9«°16 10
103,0
dcr.L’w Mid u**8
103s
i ladling... 10®] fi
^ood Mid.. 10 *i6 1050
Str. G’d Mid 101*16 1078
Midd’g Fair 11316 11*4
K»lr... 1113,. u7a
Ordin
strict
143.206!
10,357
495,767
277.62c
109,64-
3,90u!
330.126
S.406!
2S9.502
76 i,989
2.392
147,047
23,^89
133,71 i
8.219
56.012
108,244
1,281 504 4.218.244
938
95,0
913,6
9%
10*8
103
103*,
105,0
.
9%
10*8
778
830
9°ie
9%
10*8
106,6
106,0
10*2
10*3,6 104*
10*2
10^4
109 g
11
1 1
113s
117>0 113s
12
121,0
11H
11
10*2
10^4
11
12
1138
12
Wed
Til.
Fri.
Wed
Th.
Fri.
734
8*4
77s
778
778
77a
778
778
8*8
8*8
8‘-*8
338
83a
83a
93,0
95ig
95,6
9%
9®i0
95,6
95,6
95,0
9 4j
9%
9
938
934
10310
10*8
10a,6
10:<8
10°8
10*2
1034
10
11
U>7a
11*4 ' 113s
12
1178
N&t.
..# lb.
St rict Good Ordinary
Low Middling
10*8
10 >,6
10*2
1044
10*8
10*8
10®,0
10*2
10^4
10® e
10*2
403*
10*2
10 34
944
10*8
1O°10
10*2
1044
34
10*8
105l6
11
11
11
U
11
1138
1138
113a
11%
113Q
12
12
12
12
12
xTluu Tueu
1% e«l
Til.
Fri.
7*2
7*2
7*16
7*16
77,0
7*2
8316
8*8
9 *, H
8*8
9*16
8*8
83,0
83,0
9 16
9*8
9*8
916,r
9
915,0
9*8
10
Middling
r,i0
10
10
market and bales.
during the
For cne.con¬
which snows at a
The totnl sales and future deliveries each day
week are indicated in the following statement.
venience of the reader we also add a column
the market eloBad on same rtavs,
glance how
-
spot market
CLOSKli
46,80'.
243,960
778
83s
Fri.
STAINED.
Good Ordinary....
8716
8
77a
83a
95,0
778
83e
95,6
.
Moil Tues
Mon Tues Sat.
99,6
913,0 934
915!6 103,6 10*8
1038
1o5i6
10*8
1018
l0°16 10& 6 109.6 10 *2
109 ig 109,6 1013,6 1044
101316 10l3lfl lHl6 11
113,r> 113)6 Hhe 113s
1H3,0 11*3,0 121, e 12
IV «d
TEXAS
NEW ORLEANS.
UPLANDS.
July 1Q to
July 22.
390.793
■2.660.723*472,040' 1,164.338 1.297,101
2,237
•
demand for
on Mon¬
export, and
were advanced 1-I6e. To day there was little doing,
375,107 1,436.344
...
90.453
......
..
Norfolk
5,637
SALES OF
Ex-
Firm
3 at
Jv.isv Ti) 1,6'dec..
vlou
Tues
Quiet
Finn
Weil
Cnurs Steady ;il rev.quo
Fri.
Quiet and steady
Con-: Sjtec- Trail- Total.
1,200
5,007
nail}
r**vion«.ro
sit.
ul'Vn
410
767:
....j
....
.i
.—
651
....j
....
251
....
....
193i
b16
6,207 2,653
Coral.
Ujs
....
FUTURES.
SPOT AND TRANSIT.
port. sump
......
•
Wilmington...
Baltimore.
741.33
None.
2,760
8,o.-o
.
Florida
Bavannah
$harieston
ContiFrance
Britain.
46,807
(
......
1,1886, to July 22, 1887
Great
255.546
......
11,224
art
Exported to-
Exported to—
Great
5,80i*
1,000
1,116
2,166
Orleans, the effect of
To-day the market was cull and weak.
Cuttyn on the spot has met with a moderate
home consumption.
Quotations were reduced 1-I6c.
day. On Thursday a large business was done for
5933,490 4654.991
Galveston includes Indlanoia;
Wilmington includes
320
836
....
2.555
105,358
87
Total
54,196
3
Baltimore...
Philadel’a,&c
2,574
,2
796,965
16,252
499,672
14,467
101,147
735
2,166
11
New York...
Boston
377
40,500
None.
None.
None.
None.
None.
failures at New
696,656
Ind’uola,&o
Mobile
1886
1887.
NewOrleaus.
3,017 1,725,474
7
213.431
13,996
the next crop more freely sold, closing lower,
crop
maintained a small advance. Yesterday an irregular
was followed by a general decline, attributed to the report
Slock.
1885-86.
1H86-87.
Receipts to
July 22.
7,025
None.
None.
None.
None.
None.
None.
None.
speculation in cotton for future delivery at this market
active for the week under review, but prices
luve shown a good deal of variableness and irregularity,
influenced largely by manipulation by the regular operators.
Saturday was rather firmer, but on Monday the announce¬
ment of the failure of a house reported to have been a leader
in the effort to “ corner” this crop, caused a sharp decline in
July and August options, and weakened iho whole position ;
hut on Tu shay a better report from Liverpool and the repeti¬
tion of reports from the Southwest that damage was being
done by drought, with some accounts of worms, caused an
equally smart advance. On Wednesday the early months
opened lower and the next crop dearer, when the tone sud¬
denly changed; there was an active buying of August, with
-
....
2,547
been fairly
has
.
Wilmington
Stock.
The
22
....
....
•
•
vcise.
....
....
*
•
....
••*
•
Foreign
Leaving
Total.
None.
None.
None.
None.
None.
3.) 5 *
None.
....
1887
Ooasf-
None.
None.
None.
None.
None.
None.
None.
None.
4.424
Cota] 1886
Total 188.5..
.
n
Charleston
Total
Other
m .
m
91
....
Brunsw’k, &c.
Pt.
m
4
1
4
7
....
mmmm
•
•
2
mmmm
•
-
•
•
3,017
France.
None.
None.
None.
None.
None.
.....
42
73
263
13
70
12
Savannah
•
•
mmm0
Charleston
Savannah
Gilveston..
Norfolk
N-*w York..
Other ports
....
....
....
23'
2
Great
Britain.
New Orleans....
M >Ml0
..
4
2
11
Galveston
Indiaiiola, &c.
July 22, AT—
'Total
Fri.
Thur*.
Wed.
Tues.
Moil.
Sat.
Shipboard, not cleared—for
On
bales, against 4,(500 bales last week, 1,261 bales the previous
week and 3,598 bales three weeks since ; making the tota
receipts since the 1st of September, 1886, 5,202,098 bales, againsi
5,289,612 bales for the same period of 1883-86, showing a de¬
crease since September 1, 1886, of 87,514 bales.
Receipts at—
also give
In addition to above exports, our telegrams to-night
the following amounts of cotton on shipboard, not
at the ports named..
We add similar
which are prepared for our special use by
Sc Lambert, 24 Beaver Street.
COTTON.
deliveries given anove
that o»» whO-a they are
...J
....
....j
....!
are
....
4 i
76
/
j
Sales.
|
39,9<’0
94,200
Deliv¬
eries.
mmmm
....
300
1.4:»1
81.200
98,'“ 0
5 2 oft
97,600,
....
72.700
....
65 I
346
9,3tO 4s3,700'
....
300
actually delivered the day
reported
The Sales and Prices of Futures are
ing comprehensive table.
shown by the follow
a
◄
Otj® 2-
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3
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X
XX a X
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1
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X
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5! to:
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W
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X
JJ
a -1
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X
w
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t-i
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00
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r
X X
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<3
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99
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9909
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3
X to
400
1,100
211,000
1,600
149.000
6,800
58,000
18,000
69,200
50,000
400
900
900
12 000
181,000
4,000
54,000
9,000
10,000
3,400
210,000
6,000
70,000
11,000
13,000
312,000
350,400
439,700
5.000
13.000
929.0 >0 1,152,400 1,3*24.700
169.000
101,000
215,000
91.000
2,000
56,000
22.860
256,296
57,875
223,132
19,241
2,583
10.728
200
68,000
32,000
235.605
21,083
9. tOO
4,000
0 ob
to
»-
O
-4
CC
I ©: :
16P.0C0
30,000
2.000
Total East India, &c
Total American
X
dt ’ ©
O'
X X
X
9 |
X 1
<
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1 ©:
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9
§
3
H
►
<5
2
3
a®.'*5
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WtoC-p-2
B © —.d
hh5” ? ss*
2
»—*
32.000
I,5*<9,3b5 1,515.899 1,555.97J l,lK)j.3S8
51-!, d.
55,, d.
5b«d.
C^d.
lO^o.
110.
9^is0’ 103so.
<
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9®
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11
2.
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•
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= g:|,BB.?£g2,’i»gS2
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4,000
period of 1885-86—is set out in detail in the following statement,
at
Si
101,000
53,000
172,700
215,000
Ar the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
l
®
to
318,000
21,000
mST'Tlie imports into Continental ports this week have been
20,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 73,460 bales as compared with the same date of
1886, an increase of 33,392 bales as compared with the corres¬
ponding date of 1885 and a decrease of 316,023 bales as
compared with 1884.
&
O
217.000
7? 0,700
674,300
4*2,400
4»9,0*»0
915,065 1.06H.M99 1,09 :,573 1,114,688
Total visible supply
Price Mid. Upl., Liverpool
Price Mid. Upl., New York
eO
®
co
X
X
<5
®
ri
119,400
Egypt, Brazil, &e., afloat
o
X
XXx'X
60 00 ©
&a
x
I ©M:
to
9XOX
tg
915,065 1,066,899 1,093,573 1,114,688
164,000
16,000
98,700
®
X
1C
x at
;
;
at co
•
X
W to
•
03!
-1
at ju
X to © to -1X
;
X
©:
to
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toot toX
to
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a* o<
to
to © to to to
to X X to
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-
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N'.
to x 03 X
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I ©: :
I ©: :
I ©: :
I ©: :
.1
-1
made up oy cable
Continental stocks, as well as
those for Great Britain and the aiioat, are this week’s returns,
as
to
a>
xaiCtotoC-*
X
toCtototatCtotolOX
00
X
to
to
X
©
X
X to X to to to to
— — © to - IX OI
X
at -j
xi*
-4 X
to to
-|
"-I
to-night,
tc to*
O'
© x
Janimry, for January. 1,085,900; St-ptember-Februaty, for February,
1.282.400; Set tembor-March, for March, 2.100,800; September-Apnl
for April, 1.028.900; Sentewber-May, for May, 2,005,9uC; September
June, for June, 2.555,200,
CT3 We have included in the above table, and shall continue each
■WceK to give, the average price of futures each day for each month.
It
■will he found under eacii day following the abbreviation “ Aver ” The
average for each mouth for the week i» also given at bottom of table.
Transferable Orders—Saturday, lo*20c.; Monday, 10*10t5.; Tuesday,
10*20c.; Wednesday, 10*25c.; Thursday, 10*25c.; PYiday, 10*25o.
The Visible Supply of Cotton
and telegraph, is ? s follows.
The
to*
to
-1
03
to excli. 3< 0 Nt*v. for April. I *14 pd. to exch. 100 Oof. for Sept.
to exeh. 10<» Dec lor Jan.
| *03 pd. to exch. 100 Mar. for Sept.
to exeh. 3- 0 Jan. for Sept.
J Even 100 July for Aug.
to exch. 100 Sept, toi Aug.
| *03 pd, to exeh. 1,000 Nov. for Jan.
X
©
X
X
Inoinaes bai^h in Hepteuiher, 18H6, lor Heptnaihfir, 42,f»0(>; Hapten*
ber-Ottrohur, for October. 287.200.; 8eptenil)er-Noveui1>ert for November,
441,700; Septeniber-Decanibar, for December, 705,100: BepTemher-
The following exchanges have been made during the week:
:
M*
x:
03
tc
w
25,000
200
6,200
43,800
43,000
31.030
163.300
18 4,000
X
at
-J '/)
I © w:
g
bg
b
to
*s
•
© X O
-
p
a
I I
*21 pd.
•03 pd.
•19 pd.
*59 pd.
885,000
4.300
266,000
r-t
>
<)
9x09
xx©b
-i
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I I
p
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-1 jo
CO O
®
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&
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99
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to
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3
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X
®
<;
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a. 05
-4
at
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P
XX
I
®
®
0
X
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'
00
'©
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I
O
>
<
a> at
to "o
17
X x o to
Ob
I
—
xx
1 ©9:
*
91
<1 •
:
X X c
-4 -4
•
ro
© a't
X
9
XXOX
M
01 at
O' -1
<1
;>
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to
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1
1
I ©
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vi-
03
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oq
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to
1 © ©:
X X
bg
1 ©w:
to
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S
ti
3
to to
XX
§
to
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2
I ©b:
x
<
©
5,
®
toto
X ©
X *T
a'<
®
0©
99
XX
XX
K3
X X O X
802,oOO
London stock
Continental stocks
India afloat for Europe
§
X
to to
tCP
®
9QO
to to
^
CDO
to
I ©?*:
X Ti
oi
0
^
a*.
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1 1
a*
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00
X
-*!
to to
j *:> ©
9|'1
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99
to
X
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1-1
XX
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a. co
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X
co at
617.000
2 800
38.400
Liverpool stock
2q
I ©-:
_
1
*
to
0
at O’
©
I ©
1 ©**:
9909
X
99 99
-1 -j
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X X
00
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X •-*
wi X
to X
•-)'■
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p
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b b©b
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05 - at
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to to © to
I ©p«:
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s
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s
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0 cV
99
! ©-c
{O to o'
9
9
Qto
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I ©r:
p
X X
a
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at
99
^!
rr.
r
w
I ©p*:
©P*:
9
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X X
to to to •7J
tc®;0
to at © to
9 to
a*
w
05
<
9
>
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4*
X
tea
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to
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to to
to to
I ©9:
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to to
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X X
§9
735000
41,000
Total American
East Indian, Brazil, <£c.—
to-A
cn at
XX
X
oi -4
53.000
1,5 ■’9,361 1.515.HF9 1,555.873 1 .905.388
s
1
O* O’
to
<
P
-4
O'X
to to
«4X
~ 01
to CO
XX
to'1
to
9909
®
<
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to to
o
to ito
99
O’ O’
XX
too
| ©9:
%
®
99© 9
tOtOo
to to O
to to
21,000
Of the ahove, the totals of American and other descriptions are as follows:
American—
Liverpool stock
bales 438.000
564,000
514,000
437,000
Continental stocks
206.000
231,000
2b7,0C0
214,000
Arueri. an afloat for Europe...
3 3.000E ^ 91,000
56,000
68,000
United States stock
212 622
256.293
223,132
235,605
United Stntes lnteiior stocks..
22,86 J
57,^75
19,241
21,083
United States exports to-day..
200
10.728
9.000
2,5rt3
if* *J>-
>
909
05
to
to to
-
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05
1 ©©:
l ©^:
to
to to CT
O ©
^
X
9*o;
toS
to3
05
HD
r-JW
co
x at
Ot O’
X©
Oi'JiOtri
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b
.
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to
O
H*
<
16.000
369,300
CH,
I @5°:
o
too
o
to
>
s
CO
05 Oj
to to
to
>
%
1 ©<•:
COtO
00
X at
O' to
3
o
©
2
3
2
GO CO tO
X9
2
b
J
to to
9 to
^
®
99
I
99
<J -1
o
'i
.
to to
05 05
XX
99
to b
% 99
®
9
to
*'C03
%
99
.
b
^
o
x
X
31.000
3.000
Stock in U. S. interior towns..
United States exports to-day.
s?
to°to
-4
•.OJ,
-4
Oil—
CO
9S°
to to c to
d> b ® b
I
toC©
©
Xto
X to
to
I•
to to o to
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o
1 ©p:
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^**
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g to
-4-4
M
ui
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to X to
x to
to
<
®
P
1884.
832.000
1,104,300
India cot ton afloat for Europe.
184,000
Amer. eott’o afloat for Eur’pe.
33,000
EKypt,BrHzil.&e.,aflt forE’r’po>
30,000
Stock in United states ports..
212, 22
o
99
I $>«:
Oi CH
H-05
O cJi
.
%
1885.
781.000
5,000
57,000
33,000
Total Continental stocks..
CO*-*
1 «•“:
CH
O CO
xo
®
9 to 09
99
~
to
to to
TO
to
1 ©f:
to
9909
r-
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to
£
i e)p:
050
c
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2
-4 to X 3
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toto
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%
til
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90
d« £*
%
?>
—
CO
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rfl o rfL
o
4*
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i.*0
to
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toco
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00
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o1^
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8 a'
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to
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9909
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1 @
o©©o
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to to
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tO-ioO
to
CO
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a a
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p
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99
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<
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05° 05
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*9
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to
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1886.
601,000
.
<
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to
-o too to
o
—
P.05
£.■**
<*g
OtO^P
1 © m:
to W©CO
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99,-0
co
%
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a
to
1 ©i-*‘
Total Great Britain stock.
Stock at Hamburg.....
Stock at Bremen
Stock at Am^ardam
Stock at Rotterdam
Stock at Antwerp
Siock at Havre
Stock at Marseilles
Stock at Barcelona
8t»*ok at Geuoa
Stock at Trieste
3
.
1887.
704.000
Stock at London.
ao
a
® «
•
toto
to
Qq
Thursday evening.
}
<*»
05
u*.
:
CO to
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to
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to to M
CO
to to
c>
<
»r5*
•
3,
•
consequently all the European figures are brought down
But to make the totals the complete
figures for to-night (July 22), we add the item of exports from
the United States, including in it the exports of
Friday only.
I
"Li *-do^
P
©
£.£ p
:
:
:
igi 1
.
to
<q
^
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9
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to
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-
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to
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to
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to
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rj® ® S°
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117
and
in!
►r ~ ?® 3
m® x ©
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3 x
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3.Eg
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23
*
S» X
■t* -1
THE CHRONICLE.
1887.]
July 28,
at
X X X -t X
■
M
to Oi
M
to
o x co x
xo
X X X G’ 05 CO to X
to
©
at
to
at
X to
I
■V| V|
to
to
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to
to
X
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l'*
ro VAO
~ ■ l>to
-4-4MXXtotoX^'
OO
O'© X -4 ©X O' X © C X to X © XXX ©to
0: 03 to
c
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X
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_
i
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toV»7 1-4 Vo X
to
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to*0
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to X
^05
X X
- I X X X -1 to -j -4
O fC X to* X ® 05 ©
Jto©«a»a*XtOtotoa’Xtoto-4X©XO'
M
to
to
to
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to
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CO to co 0: ■
X
X
at
-1
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to to to
©:
-1 to to
to
at
X
OJ to X —J,*
—J
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to to to to *
© to o O'.
©tOto© totOto*
x ai
w
to co
to X X O’ to © O'
to
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to
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to
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to
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to to 03 X-1
t-4
CO
O'
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*
MM
;
03*
O' 03 © X a* 03 *,
a> to © w 1-- to*
The flgures for
ot
<1
Or X
X
CD* T
—J
to
Ot
©a<otoOc•
X;
X*4 ■
o’ a> o f
\
© K) to to 00
V: Vo ©-1
to CO;
C CO *
x co x I-1;
a-xxto*
to
to-raixtccn-x
v.x©xtotoXa»
Louisville in both years are
nut.
03*
ty
The above totals show that the old interior stocks have
decreased during the week 1,625 bales and are to-night* 35,015
bales less than at the same period last year.
The receipts at
the same towns have been 5,190 bales less than the same
fVOL XLV.
THE CHRONICLE.
118
Columbia, Texas.—The weather has been dry all the week
and since September 1 the receipts at all the and
crops are in excellent condition.
The thermometer has
towns are 61,829 bales less than for the same time in 1885-86.
ranged from 70 to 96, averaging 82.
Quotations for Middling Cotton at Other Markets.—
Cuero, Texas.—Crops are far advanced and unusually prom¬
In the table below we give the closing quotations of middling
No rain has fallen this week. Average thermometer
cotton at Southern and other principal cotton markets for each ising.
86, highest 100 and lowest 72.
the
past
<lay of
week.
Brenham, Texas.—Prospects for an abundant crop con¬
tinue very fine, though rain is needed in some place3. The
Week ending I
closing quotations for middling cotton on—
weather has been dry here during all the week. The ther¬
July 22.
Fri.
Thurs.
Wednes.
Tuts.
Mon.
Salur.
mometer has averaged 87, the highest being 101 and the low¬
week last year,
94
94
94
978
978
97a
103a
104
10i*
104
104
104
104
104
104
104
104
104
1C4
104
104
94
94
94
104
104
104
104
104
1038
104
..
10ta
103a
lu4
11
Boston
94
978
94
9i-*ie
94
Galveston...
New Orleans.
Mobile
Savannah.
Charleston..
Wilmington..
Norfolk
11
11
11
11
1078
1078
104
104
104
103Q
104
104
104
104
104
104
104
Bt
10
Louisville....
1050
i< 5a
10
10 4
104
94
104
104
104
10 4
....
Liuis
Ciuc.nnatl...
10®8
104
94
104
104
94
104
104
are clean and in
needed but no damage to
104
104
104
11
Philadelphia.
Augusta
Memphis
no rain all the week.
good condition generally. Rain is
cotton from drought has occured
as yet.
Farmers in some sections complain that corn
has been seriously injured, though many maintain that
the crop is better than an average. The thermometer has
averaged 87, ranging from 74 to 102.
Weatherford, Texas.—Prospects are splendid although the
weather is rather too hot.
No rain all the week. The ther¬
Belton, Texas.—There has been
Crops
non).
ll
Baltimore....
est 72.
94
94
94
1<4
94
mometer lias
104
103a
R^c<sipts from the Plantations.—The following table
indicates the actual movement each week from the plan¬
tations.
The figures do not include overland receipts noi
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the croj
which finally reaches the market through the outports.
^
Receipts at the Porte. St'k at Interior Towns. Rec'pts from PlanVnt
Week
Ending—
1886.
1885.
1885.
1887.
1880.
1885.
1887.
1880.
1867.
24,881
3,549' :-9,943 105,274 40,093
2,155
1,642
14.303
35,972
94.632
45.252
5.721
1,523
41,902
38.253
3,*72
248
3,301
1,972
12.694
9.472
33,610
28,711
36.991|
2 802
2,364j
3,598'
1,201 i
4,000
23,591
8.227' 33,948
37
2.194
0,744
3,295
22,3o0
77,H0l!
04,810
20.18S1
903
195
3,327
The above statement shows—1. That the total receipts from
the plantations since September 1,
are
in 1885 86 were 5,338,572 bales; in 1884-85 were 4,726,410 bales
2. That, although the receipts at the outports the past weefc
5,183,226 bale?;
1886.
3,295 bales, the actual movement from plantations wa*
bales, the balance being taken from the stocks ai
the interior towns.
Last year the receipts from the plantation!
for the same week were 3,327 bales and for 1885 they were
were
only
903 bales.
Sight July 22.—In the table below
give the receipts from plantations in another form, and add
to them the net overland movement to July 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
Amount of Cotton in
we
1886-87.
1885-86.
1883-84.
1884-85.
4,801 484
Receipts at the ports to July 2 2 5,20?, 098 5,283,612 4,721,325
22 in
*24.026
5,035
*18,872
48,960
Interior stocks on July
excess of September jl
Tot. receipts from planta'tns
..
Net overland to July 1
Boathern oonsumpt’n to
Total In sight
Northern
spinners' takings to
Decrease from
783,062
378,COO
816,558
300,000
-
605,566
261,000
573,605
292,One
6,344,288 6,455,130 5,592.976 5,613.063
July 22
July 22
*
5,183.2 26 5,338,572 4,726,410 4,777,458
July 1
1.500,377 1,726,001 1,344.769 1,531.810
September 1.
It will 1 o 8' on by the above that the decrease in amount
night, as compared wi'h last year, is ll«.»,8i2 bales, ti»e
compar. d with 1884-85
is 7ul,. 25 bnl< a.
is 751,312 bales, and tbe
Weather Reports
by
in sight to¬
increase as
increase over 1883-84
Telegraph.—The weather has in
general nien favorable at the South duriug the week, and
reports continue quite satisfactoiy. In a few sections of
Texas, however, rain is m eded.
Galveston, Texas.—We have had rain on one day of the
wiek, the rainfall reaching eighteen hundredths of an inch.
Twenty-three bales of new cotton have arrived this week.
The thermometer has averaged 83, the highest being 90 and
crop
the lowest 78.
Palestine,
Texas.—Prospects continue good.
Rain has
day of the wtek, the rainfall reaching forty-one
hundredths of an inch. The thermometer has averaged 83,
ranging from 72 to 99.
HuntsrdUe, Team*.—Crops are generally in excellent condi¬
tion.
We hav^ had rain on two days of the we* k, the rainfall
leaching six hu dredths of an inch, llie thermometer has
ranged tram 71 to 1U0, averaging 87.
Valias, Texas.—There lias teen no rain all the week.
Crop reports are exceedingly favoiable and if nothing happens
to interfere with the present prosptcrs the yield will be from
three-fourths to one ba'e per acre. Corn in this section will
make forty to sixty bushels per acre ; wheat makes fifteen to
twenty-five bushels and oats average fifty. Average tin r
mometer s6, highest 102 and lowest 70.
Austin, l'txas.—The weather has been dry all the weel.
fallen
Rain
on one
is
required.
The Uiennom ter lias averaged 87, tuo
high-sf. ••) ii. .0! •».» d ihe lowest 75.
Luli t h 7cb.
Thee has been no rain all the week,.a ad
farmti iui *
macing to eon/pWin that rai l is b idly needed
forcott'~.
Up; ot. ln» time a finer prospect has never been
eeen, but a piow-i-jceu drought woul 1 crtisn the fondest hop^s
or a prosperous business season.
The thermometer has aver¬
aged 88, ranging from 78 to 99,
'
The thermometer has averaged 84.
Shreveport, Louisiana.— There has been no rain all the
week.
The thermometer has averaged 85, the highest being
101 and the lowest 74.
Last week the rainfall reached eightysix hundredths of an inch and the thermometer averaged 82,
the highest bung 101 and the lowest 70.
Columbus, Mississippi.—We have bad rain on one day of
the week, the rainfall reaching twenty-two hundredths of an
inch. The thermometer has averaged 82, ranging from 63
inch.
to 96.
2.877
11 248
13.510
ranged from 65 to 106, averaging 83.
New Orleans, Louisiana —It has rained on four days of
the week, the rainfall reaching thirteen hundredths of an
i e
day of the
hundredths of an
has ranged from 71 to 94, averaging
'and, Mississippi.—It has rained on one
week, the rainfall reaching seventy-one
The thermometer
inch.
81-6.
excellent con¬
During the wtek rain has f dlen to the depth of
forty-one hundredths of an inch.
The thermometer has
ranged from 73 to 95 5.
Clurksdale, Mississippi.—Telegram not received.
Vicksburg, Mississippi.—It has been showery on two days
of the week, the rainfall reaching twenty-three hundredths
The thermometer has ranged from 61 to 100,
of an inch.
averaging 82.
Greenville, Mississippi.—The crops are in
dition.
Cluster, Mississippi —^elegram not received.
Helena, Arkansas.—Crops are in good condition. There
has been one light rainfall of eighteen hundredths of an inch
during the week, but in the neighborhood the rains have been
he^ier.
The thermometer has averaged 84,
ranging from 72
to 97.
Memphis, Tennessee.—We have had one shower during the
the rainfall reaching five huniredths of an inch..
Heavier rains have fallen m the neighborhood.
Crop pros¬
pects continue gooI. The tnermometer has ranged from 71
to 96 5, averaging 84.
Nashville, Tennessee.—Rain has fallen on one day of the
week to the depth of twenty-fi^e liund edths of an inch.
Average thermometer 85, highest 98 an l lowest 71.
Mobile, Alabama.—There has been one shower during the
week, the rainfall reaching three hundredths of an inch.
Crops are fine. Some worms are reported, but no damage
has occurred thus far. Toe thermometer has averaged 82, the
highest being 96 and lowest 71.
Montgomery, Alabama.—Prospects continue excellent.
Rain has fallen on thres days of the week to the extent of two
inches and forty two hundredths. The theimometer has
averaged 84, ranging from 73 to 100.
Selma, Alabama—We have had light rain on three days
of the week, the rainfall reaching twenty four hundredths of
an inch.
The thermometer lus ranged from 75 to 95, aver¬
aging 84.
Auburn, Alabama.—Crops look fine, and are fruiting well.
We have had ram on three days of the week, the rainfall
reaching five inches and nineteen hundredths. The rainfall
on iuesdiy (three inches and thirty-eighthundredths in three
hours), is unprecedented.
Average thermometer 86f5, high¬
est 96, lowest 72.
Madison. Florida.—Telpgmm not received.
Macon, Georgia.—Crop prospects continue favorable. We
have had rain on one day of tne week.
Columbus, Georgia.—It has rained on two daysoc the week,
the rainfall reaching two inches and t \enty-two hudreiths.
The tbermomet-r has averaged 83, ranging irotn 80 to 102.
Savannah, Georgia.—There has bt.m n * ia»n all the week.
The thermometer has ranged from 74 to 101. averaging 85.
week,
t\yod< ysof the
haudrcdiha of an
81, che highest being
Atlanta, Georgia—We have had rain
week, the rainfall reaching revenra-*i -r*
The therm1 meter
;nch.
97 and the lowest 72.
has avuinged
Augusta, Georgia.—The p-.it
hot spell i' is claimed has
heard,
consider
la
There
been rather hard nil cotr< n, iu.d ; «i-» o
of. i o hlmg'are
but the recent fine rains nave
much 'goud. I
that the pro-pect is iuily as good ;i- at
r it-port.
have been geod general rains on lour days of the
rainfall reaching ninety-four
age
thermometer 87,
highest 104 and
74.
1 b°yond prece¬
While it
the week, there having been only
Albany, Gsuraia.—The cotton crop s m>o
dent. No caterpillars have
has been dry locally during
wtek, the
Aver¬
hundredi hs of an inch.
been reported as yet.
THE CHRONICLE.
1887.]
thirty hundredths of an inch of rain on two days, in the su;rounding country plenty of ra;n has Jfallen. The thermome¬
ter has averaged 87, ranging from 77 to 97.
Charleston, South Carolina.—There has been no rain all
The thermometer has ranged from 78 to 97, aver¬
the week.
aging 85.
Stateburg, South Carolina.—There has been light rain on
two days of the week, the rainfall reaching forty live hun¬
dredths of an inch. More rain is much needed, and the pros¬
pects favor our getting it. Average thermometer 82 4, high¬
est 103 and the lowest 72.
btimr 104 and the lowest 72.
July 21, 1887, and July 22, 1886.
July 21,’87. Jultj 22, ’86.
Feet.
Above low-water mark.
Memphis......... ....Above low-water mark.
Nashville
..Above low-water mark.
Shreveport
Above low-water mark.
Vick burg.... Ahnve low-water murk.
India Cotton
Movement
of cotton at
and shipments
the week and year,
Inch.
4
.........
10
0
9
13
Feet.
4
0
9
5
.
Inch.
7
2
4
13
3
0
H
5
3
8
19
Forts.—-The receipt
from all
Bombay have been
follows for
bringing the figures down to July 21.
as
BOMBAY RECEIPTS AND SHIPMENTS FOB FOUR TEARS.
'
i
Shipments this week.
Shipments Since Jan. 1.
!
Tear
Great
|
Gonti-
■total., Britain
\BriVn.\ nent.
1887
1886
1885
1881
Great
j Conti-
This
Week.
Total.
nent.
2.000 13,000 15,000 353,000,641,000
994,000
8,000 8,000i 16.000 301.000 622,000
923,000
1.000
! 1,000 209.000 455,000
664,000
8.000 2.000 i 10.0001476.000158 4.000 1.06 ‘.000
Tear.
6,000] 1.423,000
9,000,1,3 21,000
2,000| 971,000
5,000T 514,000
Ma rch.
Ma y.
Ihermometer
1SS7. 188(5. i 1885-
1887. 188(5. 1S85.
70-8
210
46-8
87-0
3+1
53'1
.7 u ne.
1887.: 188(5. 1885.
1887. U8S0. iaso.
VIRGINIA, i
Norfolkj
Highest...
Lowest...
6S-9
20"()
40'8
0od!
87-0
495
44-7
079
05-0
N. CAR’LA.
81-9
85'?
Lowest.... 127*7;
Average... I 52U
Weldon.—
Highest...
Lowest
Average...
Charlotte—
Highest...
|
i
J
\
j
Average... \
Wilson—
Highest....
50V
770
2V0
7W0
*5-1
48‘2
44‘8
ro
80-0;
2f>-0
Lowest....
j
Morganton—}
Highest...
Lowest....
Average...
j
S.CAROL’A
j
8,5-7
394
02 1
32‘9
Lowest....
Average...
84-4
408
05-1
82 0
2(5-0
61-3
700
lOU
83'0
3 JO
41-2
55"!
89-0'
4P0
59-3
s!
81 -r1!
t87-5: m
47-0 47 2
70'2
.>7*3
(51"8j j
87'0i!
7Pl|
01-0*
34-0
5*2-0:
57-41; 700.
87-0
51-3
70-1
97 9
530
75" (5
8.v0i 8tV0
48-0
03-9
480
920
87-0
45'2
0 7-4
03*8
(59 0
800
2IV
3 J*r>
45‘3
59-7 -59'4i
70V
45V
OS'3
84-0'
930
4SV
71-8
92-0
49-0
72-3
88V
40 0,
Sl'O
54-0
(jj'5
j
(54-0
240
48’8j
700- 80-0
44(>j
2(5 0 3 >-0
47-15, 52-0
22-0
44-5;
7t)"0
88'0
300
(50*2
920
315-Oi
04
74-0
27-0
50 5
88-0 j
90-9
50-4
33 5
35-0
lj
351-0
58'G
‘
101-9
800, 75'9
710
335
52-2
85*54; 81-4
3 V4 39'4
02 (5; (52'4
81 *4
31(5;
01*1;
29-1
j 48"5j'
Stateburg.— !
Highest.... j 75-0]
44'1
491
(525
»
Lowest
;
Average...! 54-81
30-5
53V
.
.
j
'
68-0
Lowest.... | 29-0 j
Average... i Dry
Aiken—
Highest....!
Lowest....!
7*v'
3 IV
80-0
28-0
Average...! 55 5; 55 3
Lowest....! 29-0
..
92-2
50-3
75'3
93- O
b&Z
7(5-4
94-0
01V
732
05V
020
750
89-7
5»5-(5
90-2
53-2
72-1
756
70-4!
94VI 920
58V «0-(»
77-3 78-8
94-0
80-0 i
87-0
500
51-0]
91*0]
940
57V
(510
74-6
700
8V5
0(5-7,
9(5-4
(54-0
795
73-7
71 O
* 53-8|
9 VO
49V
72'3
54-0:
727
77-3j
->
8(5-0! 7(5-0'
42-0
10-7
(55 0! 59(5;
92 V
430
j
75-1
53-( 6
07'5
....
07-0
8(5-0
850
:550
34 0
(51'4
(52-7!
80-0
52 V
79-9
71-0
23-0
49(5
89-0; 84 0] 88V
3(5 0' 35-01 37-0
0415 058 Gob]
89 0
55-0
74*4
90-5! 70V 85 0
30-5! 50*01 32 v]
(52-3 (500 04 V i
910
53-0
72V
88-0
52-0
70-0
88' O' 92'8:
33"(5 35-1
04-1 (53-U
93'0'
970
47 V
72-2
01-9
88-1' 83*0! 854-4
3(53 3 5-0 35-8
(52-7 (50-5 (51-1
83'7
07-1
72'0
91-0
83*0;
440
09 2
43-0
oo-i
70 0
28 0
52V
490
720
90-2;
87-0
295
j
75-0
27 0
51-0
j
i
67-0
1(50:
48-3
i
Highest....! 82V]
Average
S3 9, i 88 "8
44-0
551
03-4
72'7
,!
Highest.
Lowest
Average.,
96-9
55t>
74 S
990
520
81V
Charleston.—!
Highest..
93-2
50-5
7P3
.•!
WilmingtonHighest...
Columbia—
According to the foregoing, Bombay appears to show a
-decrease compared with last year in the week’s receipts
of 3,000 bales, and a decrease in shipments of 1,000
bales, and
the shipments since Jan. 1 shew an increase of
71*000 bales,
The movement at Calcutta, Madras and other India
porta foi
the list reported week and since the 1st of
January, for twe
years, has been as follows.
“Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada,
give the rainfall
we
Bureau,
Pacolet—
Receipts.
June.—Below
i
points named at 3 o’clock
for
except at points where they have no station, and at thosepoints they are from records kept by our own agents.
Average...
Wilson, North Carolina.—We have had rain on two days
of the week to the depth of seven huudredths of an inch.
The thermometer has aveiaged 91, ranging from 76 to 101.
The following statement we have also received by
telegraph,
sho wing the height of the rivers at the
New Orleans
Weather Record
;
Columbia, South Carolina.—It has rained on three days of
the week, the rainfall reaching one inch and twenty-six hun¬
dredths. The thermometer has averaged 86, the highest
119
and thermometer record for the month of June and
previous
months of this year and the two
preceding years. The
figures are from the records of the Signal Service
:
July 23,
94-0
88-0
49-0
430
71-3
05'9,
930
90 0
40 0
49*0
73 9
73 9
89V
(53-7!
73-4|
900
99-0]
930
02-0, 5(50
7(5-2] 75V; 70-1
52 0
1010 90 0
52 V (520
!
79*5 c,
79-0
1015
T>4 0
7o"0
89-0
(52V
750
86-0
02V
74 O
103-2
59 1
78-9
94-4
02-5
75-5
01-8
97V
571
75 9
89-7
oo-o
72'3
r.o-s
500
70-4
(5(5-5
7t*"8
95-0
H4-0
797
92-0
(590
79V
90-0
(57-0
800
GEORGIA.
Augusta.—
Highest...
Lowest....
Average..
Atlanta.—
Highest...
Lowest....
Average...
82*0
25V
5P2
7o"3
26*21
920
29 2
(53’4
73-0
(59'5
27V
20* J
47-0
50-7, 50-1
Savannah.—
4
.
$»
73 7
47-(»!
70V1
I
81-2!
77-0
Highest.;
89-0! 8.4-4] 8(5-7
Shipments
for the week.
89-0 93-0 90 V j 99-7
since January 1.
Shipments
3
9
Great ]
Britain.'
Conti-
i
Calcutta—
*
1887
1886
Madras —
.1«87
1S86
All others—
1887
2,000
Total.
nent.
*
Great
Britain.
2,(00
Continent.'
Total.
i
i
4,000
98,000
113,000
211,009
83-9
04'9
75-5
Lowest....
32-5!
33-3
355' 400
Average...
5(5-5
5i-3
03*75 04‘7, 155-15
i ™
71-0
71*0
83-0
0; 28-0
20-0
47*0
] 88-0
OlV
Columbus.—
Highest. c.
Lowest..'..
Average...
Mil'geville.—
72-0
29
52-8]
52-0
42 0
5V0
8(V0
45-<>
350]
040
I
! 03-0
40-0
(550 |
1
770
5:V8
75'0
54V,!
73-3,
(50-0
77-1
85-0
54V
73-0
80-0'
9 V0
50V
71V
•
70-0]
81-0
990
77'8
Highest... 76-0' 78-0
88*0 j 8(5-0] 8(5-0
71-0
500
95V
51,500
54,000
4
88,500
9
910
i!11 91-0
Lowest-.... 28 0 2(5-0 215-0
!
50-0 43-0 4 4 0!
3-211; 31*01 37-0
(51-0 00-0
54-0 53 9 4(3-3
Average...
151-Uj
(52
b
(53
(5
71'4 09-9
V
1,000
77
11,000
79-ii
1,000
]
71-3
1,000
12,000
Rome.—
i
50 J
3,000
74-0 (58-01 85-0: S 4*01 83 0 1 91-0 90*0' 85'(i
Highest... 74
3,500
f
00-0 93-0
Lowest.... 30 Oj 25-0 24-0,' 32-01 33'(.| 34-l\]j 5IV 40-0 45-0
oro (50-0
o3 0j 51 0! 40V
Average...
09-0
02
V
(52-0,
25,000
|
41,000 Forsyth.—
75-0 710
73-0 09 V G3V
|
1886
20,000
12,000!
32,000
Highest... 82-0! 80-0
9101 83V| 8--0 92 V 90-0 00 0 101V 92-0 920
32-0 3*‘-0
Lowest....
38'0 3* >-u 40-0 j 02V1 5T0 520,
»5-5-o
O'VO 040
Total all—
1
Average... 074 510
00 o! 041
053
1887
]
72 0 70-4 79-7 70-4 7b'0
I
3,000
2,000
134,000
5,000
130,000
264,000
FLORIDA.
i
1
I
5uO
18S6
500
77,500
46,500
l
124,0 00 Jacksonville.
Highest... 80-(5 83-0 78*9 88-7 85V ]
1 91-3
91-S 89-4
94-3 93-8
Lowest....; 35-7 37-0 37 8 i 37-a] 41V!
The above totals for the week show that the movement from
I 55 3 55-9 55'5
00-9 078
59-5 500 57(5
or-Oi 00'5 i
75'8
-:.'T
Average...]
80'1
the ports
more
the same Cedar Ktys.~\
I
Highest. ..I 7(5-0 7(5'8! 75 9
82-2
8-3*3; : 80-7 80-8: 83-8
week last year.
90-1! 9P8
tot&
88-S;
Lowest...
59*5 ; 57 0 512 59 .8
.j 40-3. 35 9 39-4 41*0;
(5 55, 0(5-4; (59-8
0 7-3 (>/(•[ 09'4
58-7
Average...] 01-3 59-21 8
74V 73 1
78-71 80'4 i
-1
i
.4 rcher—
two
years, are as
Highest....! 80-0 8-1 "0 79-0 8 4*01 90'0| po-o i H4-0 90V 91-0 i 9201 02V 920
Lowest.... 32V] 2(5:0 33-0
3(5-0' 37 0 47V
52 0 50-0 53'0
EXPORTS TO EUROPE FROM ALL INDIA.
oro (too 70-8
02'2 GJ-3, 08'(5i
Average... 55*3; 50-7; 58'7
03 2 72-0 74-2
71*31 79 8:
-28
1
500
90V!
j
'
o!
j
-
|
16,000]
1
j
i
■
j'
j
j
i
.
1887.
1886.
SG-01
Lowest....
Th is
Since
Jan. 1.
week.
Bombay
15,000
5,000
All other porta.
Total
10,00.
994,00.)
261,00.)
1.258,000
Th is
week.
Since
Jan. 1.
Thus
week.
Since
Jan. 1.
Average...
lallahassee
lligl iest
500
923,000
121,000
16,530 1.017,0 M
1,000
100
1.100
i
88'3
02*3'
42-4' 43*5
02’2 01-5
79-0
38-0
32-0
83-81 80V 50 G
44vi 44'2! 52-1
09-5
0(5-1
] 90-7
54'.s
739
71V
931
57-0
74'4
93-0
01*2
73'9
94'S
94'7
90-5-
(54*4,
sr.,',1
050
u,
77’0
79'3
(58-0
7a-4
$12-0!
925
-
liowest.
Average...
..
16,600
80'7j
74
■
Sanford—
Highest...
1885
.
i 7;i'"
other than Bombay is 4,500 bales
than
For the whole of India, therefore, the
1
shipments since January 1, 1887, and for the corresponding
periods of the
previous
follows:
Shipments
to alt Europe
from—
74-9.
'
664.000
122 6 0
ALABAMA
786,600
Montgom'y.—
Highest...
Lowest....
GOO
72 0‘ 79-0
42-0
52-0 G.r5
87’(1 8-J-O 83-0; 83-0
44-0> 38V i 45 v; (50-0
GO 8 07-21 OSOi ! 70-1
$K)V
83-0
oov
03 V
73 0
73 5
1
7U-0] 72 0
81-2, 82'0
1
70 9,
33-4; 2£
;
84-3!
75-51
87-1
2(5-2 ! 30 7
77
3 5V)
921
t) •-1
93-0
49-7
72'7
83-3'
4S-J
1020
(510
9.V0] 95-2(53
03-0
9,
A vc rage... 51
1
mo 03'8
75'7
Shipments.—Through arrange
79*8
701; 79 9
Mobile.—
(>| o*.
?|
ments we have made with Messrs. Davies, Benachi & Co., of
78-2
85-8' 84-0 80-1
Highest... 70‘8j ii,
91-2 83-9 83-4
93-3. 9(5-3!
-3
9
Lowest.... 3(5-2! 34
41 Vi 37*ai 390
29 0
50-4 51-7 52V
Liverpool and Alexandria, we now receive a weekly cable of
(52-0 034 030
589 5t!
53"5
Average.
73'9 72'2 71/
00-2] 03'9 (50-2
the movements of cotton at Alexandria, Egypt. The
779! 79 O
following 1 usealoosa—
l
are the receipts and shipments for the
78-0
750
71-0
82-0
Highest...
900
88-0
88V!
81-0,.
83-0
past week and for the
$<o-o
Lowest— 2S-0 2<> v; 20V Jj 32-0 32-0 j 30-0
5 iv 4l-o 47-0
65-0
corresponding week of the previous two years,
Average... 50 V 53*8! 511
04-4 01-3 05V
75-1 70-3 7o-l
Alexandria Receipts
and
77-5j
,
-.
Receipts (eautars*')—
This week....
Eineo
Sept. 1
1
80-0 85*0 82V
Highest... 79 V' 75 (V 72-0
88-0 91 0 83-0
94-o! 95-0
-4
9
1886-87.
Lowest.... 31 *0f 33-0 28-0
1834-85.
37 0 550 38V
59 V 51-0 43*0
Oiv (550 020
01-3 08-0 OiV
Average... 570 500 50-0
7ij'X> 730
Ta'O
03-0(
Auburn— :
Highest...
85-0 82 0! 83V
91-0 83-0 83*01
91-O'
90-0
1,(00
Lowest-....
33-0 320 37-5
(>l-0
45-0
47 0
02-0 00'G
1
i
2,916,000
2.9
04 V 02 4
Average...
03'3
7
710
70-2 Ob'O
3,613,000
(5-0 75-0
!
1885-86.
71*9!
23’000
Th is
week.
Since
Sept. 1.
This I
week. !
Since
Sept. 1.]
Liverpool
Total
*
Europe
257,000
150,000
107,000
This
week.
Since
231,000
1,000 174,000
N. Orleans.-
Highest...
299,000
201,000
Lowest....
Average...
Shreveport.—
Highest...
Lowest....
A verage...
1,000 405,000
receipts for the
July 20 were 1,000 cantars, and the shipments
bales,
LOLIS’NA.
Sept. 1.
500,000
Lowest
week
to all
ending
Europe
f
80-8] 77'2
80-8
43-8' 401; 30
02'
1! 5bt5>
1
80'8
00-9
0
02' 1
5V4
07V.
83‘iSi
81-5
34 V i 29'4‘ 31V
01V; 54-L bi"4
90'2
38 y
07-<>
KS'3
3/0
81 "5: 77 0, I3'0
3v0‘ 35'G! 3(5'2
049 00-2 t9' 4
88-5
45*
09-1
83’0
80-4!
40'5
49'
70-2
90 7
57 -4
72"o
—
Average...
Libert y Hill—
Highest....
Lowest,...
Average..
87-0'
0 )'3
73 V
j
Oi'5
I
75*0
49-0
75V
]
70
07'8, 7i'H
h
.
92-0
53-3
71-2
80-2
59-3
2
74'4
90-.s
87-7
55'7
71 7
(5 >"4
90-0
93 0
(52 0
80-3
800
92-0!
50-2
74-5
;
80-0
i
91-2 920
0-.-2, 7v0
78 3 : 78-7
93-9 JL0L-2
52 9 53-9
75 1 73- V
Qr\l Cotea u—
Highest....
A cautar is 98 lbs.
This statement shows that the
790^
'
£ rports (bales)—
To
7a*L
i
Selma—
Alexandria, Egypt,
July 20.
40-0, 32V11 59-0 5 VO (52 oi 5v0
00-uJ 07V
715' 700] 72'7i i 70-5
($0 0
70-7
91T
71 "(3
82-&
110-7 100-7 97-800 2 (53 9 (55-7
8/2
78-7, 811
90V/ 91 (5
(59 0
77 (5, 78'7’i
720
84-5
i
02-1
0(5-4
81-0
90"0
770
910
810
83'5
8<i £
CHRONICLE.:
THE
120
May.
June.
1887. 1880.11885.
1887. 1880. 1885.
April.
March.
Thermometer
1887. 1880. 1885
1887. 1880. 1885.
[VOL. XLV,
June.
March.
April.
May.
1887. 185-*}. 1885.
1887. 1886. 1885-
1887. 1880. 1885.
Rainfall.
1887. 1886. 1885.
J
!
I
Columbus.—
Highest...
Lowest
...
Average
..
VickulnirQ—
Highest...
Lowest
...
Average...
JBrookhaven—
Highest...
Lowest....
70*0
20*0
45-0
75*0
24-0
52*0
snq
30*9
00*4
83*0
2**0
55-6
77-0
<
59-0
54 0
Qfeen vine—
87-0
37-0
02-0
Highest....
Lowest....
Average...
75J
82'0
2^*0
30*0
530
59'0
820
200
00 0
77'2
92'0
88'0
27 0
54 4
420
00 0
78*1
30'0
54'0
700
34-0
Average...
1
09*0
42'0
04'0
270
59'0
Oaa
88*0
50*0
70*4
00*0
40*0
080
90*0
921
50*9
73*3
5s-1
1
...
74*0
85'0!
84'0
39'0
070
42'0
04 0
74'U
9lf
27 0
58d
880
30 0
30'5
04'2
88'0
1
86*0
.5***0
72*0
40 0
oo-O'
020
34'0
?0'4
84*o'
44'(>j
b0 0{
91*0
550
70*0
j
88*0
47*0
71S
j
04*0
94*0
44 0
70*0,
80-0
32-0
Lowest....
Average...
84 a
20<
81*0;
250
85'0
33*0
860
30 0
92'(m
52*8
5a*2
00-1
57'5
02'2
Clarksdale—
|
1
90*0
52*0
vo*o
54*0
00*0 !
750
98*0
04*0
b0*0
97*3
04*3
03* 1
05*s
<8
7o*4
90*2
60 0
80*8
1
75*0
87*0 i
40*0 j
00*0
52*0
92*0
02*0
70*0
i 9-4*0
| 50**'
87*0
94*0
90*0
52*0
70*0
O0*0
75*0
Cedar Keys.—
Rainfall,in
Days rain..
Archer—
Rain fall,ir.
95*0
50*0
78*0
97*0
93*0
01*0
04*0
91*0
70*0
| 79 0
74*0
84*0
90*0
91*0
88*0'
47*0
45*0
50*1
02*0
55*0
70*0
...
90*0
520
75*1
70*0
90*0
Rainfalldn
Days rain..
Hl*0
75*7
Lowest....
Average...
Qloster—
,
•
Lowest....
Average..
,
•
•
98'0
,
300
62*2
...
...
82-0
two
o0*0
Highest...
,
•
•
•
....
7o*5
....
92'0
.
38'0
,
74*01
....
....
—
.
....
....
...
•
•
•
•
1
74-9
800
55-4
Highest...
Lowest....
Average...
Mount Ida.—
Highest..
Lowest...
24*1
5na
....
8rt'0
83'0
89*0
33*5
040
49'0
Ol'U
4U0
03'0
52*0
85'0
27'0
01'3
86'U
32'U
153*0
78*0
so-t,
24-0
40*5
....
.
50'U
89'8
22'0
«...
“j&'7
....
71*4
....
05*0
50*0
73*0
87*0
97*0
4 4*0
84*0
30*0
70*6
01*0.
45*0
070
•
Helena—
740
300
554
78*0
2.VI
50*0
70*0
24'U
48*0
0O'O
37'0
05'0
820
Highest...
76-0
82a
Lowest....
28-0
54-4
25*2
79'8
2 4 .479
91*3
30'0
85'0
30'1
50'7
Hignest...
Lt wt st....
Average...
OO'O
02'0
tort Smith—
Average
TKNNES’E.
Hashvilie.—
Highest...
Lowest....
Average..
Memphis.—
..
47 V
03*8
84'U
37 0
90*0
5b*o
03*0 i
75*5
90*0
54*0
70*0
84*4
»1'8
97*9
4h'U
01'S
00*0
70*5
48',1
90*0
59*0
70'0
...
01*0
96 0
01*0
50 0
50*0
74*7
74*5
88*01
9«-0
9*2*0
40*0
58*0
o3*0
79*0
70*5
03*0
00*0
70*0
04*8
98*0
93*0
415;
57*1
05*0:
j 75*8
59*2
73 8
01*0
75*5
07*5! j
S6*3! !
73*0
70*0
92*0
59*0
77*0
92*0
:
779
2T0
471
88*7
74*2
1*V0 i 31*0
41*8 ! 59 8
84'9
31-5
58'4
82'1
340
58 9
83*6
50*2
70*7
01*2
44*7
83*2; i
41*7
90*1
52*0
68*1
05*2!
74*7
55*0
72*3
92*1
60*2
75*4
81*0
84'2
83'S
90 0
03*0
95*7
34'3
Ob'7
35*2
03*5
51*1
71*5
41*5
08*4
55*5
77*0
03*4
53-7
38'4
03'0
90-2!
Average...
9C*5
54*0
73*2
90*0
20-7
48*9
74*3|!
20*2.
87'2
Lowest....
70*8
299
75*1
04*0
79*3
Highest...
73-0
78*0
74*0
80*0
80*0 ! 90*5
89*0
90*0
Lowest....
28-0
34'0
44*0
01*1)
75*0
08*0
58*0
73*0
02*0
50-0
44-4i 1 OU'O
42*0| j 55'U
Average...
A.ustin.—
Highest.
Lowest....
Average...
20*0
47*2
87*0
54*0
i
1
Ashtuooa.—
750
24-0
49-4
.
TEXAS.
Galveston.—
85*4
34 0
10*0 1
78-0
70'0
231)
lO'Oi ;
48-5
43'8|
90'0
32'0
50'1
1
90*0
50*0
70*2
3sa
00*2
58'4
88*0, 100*0
92*0
59*(t
7i*l
00*0
37*0
05*3
43'2j
59'0
60*7;
0R5
80*2
27*3
55'U
78*0
Si* 11
54'0
82-8
24-0
50-3
83 7
14*0
44*2
85-0
82*0
Lowest....
21 a
Average...
5V2
27'0
L3'8
26*0
49 0
83'0
75 5
34*0
41*'
90*0
43*5
80*0
35'5
rent
M
70 4
On 7
1 453
! 05 2
<-5-1
839
Lowest....
Average...
tort LUiot—
Hight st..
Lowest...
Average
Cleburne—
Highest...
.
82*0' i
1 s*0:
45*3
79*0,
Austin—
8P5
30*<
Highest....
.
p
'2
I
i
March
•
Rainfall.
1887. 1880.
80'4
83*0
09 4
43'2
00'5
00*4
7 T9
87*0
83*7
39*0
00 0
30'*
03'0
90*2
200
CO'w
P0*0
28*0
05'0
86'0
2s'0
8T4
• m2
0
|
80*8
80*2
47*3
07 at
91*0
92*3
52*2
73*8
78'9
81 •(
02*0
20*3
32*3
l0 0
39*1
00*0
>8*0
79*0
74 7
70*0
91*0
50*0
70*0
.4
2*30
8
3'04 ! 3'37
14
I 12
1-48
5'0O
2'05
14
Raintall.in f 4-38
95*4
0U*9
77*1
00*7
!
WUminQt'nRaintall.in
Days rain..
Weldon.—
11
....
4'01
8
4-30
Raintall.in
11
Days rs.in
Charlotte—
Raintall.in 2-93
8
Days rain.. 1
3*8o'
| °
Kaiufall.tr !
Days rain.
5
Greenville—
Kainlall.tn
Days
rain..
ARK’NS AS.
Little Hock.—
08*0
03*5
83*0
TENNKS’E.
Nashville.—
70*n
07*0
840
6*39
2-»ii
11
12
3*05
8
y
4
1*81
9
0
3'88
2*83
12
0
T09j
7
1'74
7
5'3G
2*01
i
1
3'81
7
8'12
11 •
4*90
2*75
8
4
2-00
1'70
10
3*53
0
8*32
6*10
20
10
0
11
Days rain.
1
1
JPacolet—
2-55
2*7.4
0*43
Rainfall,ir
9
Days rain.
!
Statebury—
1*01
Rainlall.il 1: 0-97 1 1*4(
i
11
Days rain.
i 9
Aiken.—
Rainlall.il i 0*98 5*75 2*46
i
a
i
0
Days lam.
ColunthU i.^~
5*99 1 *50
1. 1 -o\
a
.! 7 i 0
’
i *
5*02
14
2*72
H
1
,
no
8*58
G'41
10
14
13
8*07
2*11
8*53
7
9
14
7
5*31
17
!
....
8*81
10
6*75
12
y
0*47
14
4*41 11 *04
iO
lu
18
2*70
1*45
4*23
4*03
0 37
4
13
2* IK
0
0*25
1*00
2*2o
1U
1 9
7*5
,
12
,
3'77
1*08
10
3*48
8
1
10
8*21
8
3*25
7
lkUinlali.i i
Days rain.
.
0*04
7*42
5
8
P85
J0
h2
|
l*nl
0
1*41
11
2'77
5
4*20
J 5
117
0
0
T9:l
13
1*4 1
10
5
10
3*48
11
2*82
4*54 10*78
5*96
12
1*24
saw : 3*i3
0
3*44
17
13
2*10
5*35
3*22
15
7
12
10
5 5s
8*03
10
2*19
0
3*84
2 17
2*71
3*01
5*5:
0
0
1*21
3
0
8
I'M)
0
lass
7
Ian
i‘>
i*)*2‘.
in
1*1;
1*31
M
1*7«
Osl
8
b*U
J5
4*;>7
0
3*9s
13
2*47
5
0
0*20
4*34
3'H
5
1
19
10
3*99
9*21
7
13
38*7
5*75
9
4l5J
9
0
4*7;
9 *0 5
17
2 SO
Vi O
4*83
21
9
10 e
12
7*24
17
8*11
11
0*80
0*4;
9
8
10*42
1j
5*09
3
***
....
‘
,
0
.
5*80
11
lj>
il
•
1*99 11*10
10
.
(>*7(
i
>
/
•
11
1*20
J0
3*10
3*11
2*00
2*00
1*14
14
JO
8
t>
0
J 1
4*20
2a a 10-91
i
4
3'42
1'4(
3'29
3'U'J
9
5
3
3
4
5*71
3'57
1 '77
u
2
,
2a>7
Rain tall.iri
o
Rainls
cr oi
; 8*75
3*85
:
-
•!
v
J :vjit
-1
n
o
8417
*
O
3*79
JO
IJ
2'
<
t
5
foiU'yt Villi.—
Days rain..
Rome.—
1
:
J'2t
1 '25
3
3*17
1(1*97
4*00
8
2*7 >.
5
(W’,9
5
JU
12
8
1-ir
3
2'55
l'On
2*95
3*05
5*00
11*05
3* S3
11
10
10
3'23
4
1*88
0*47
13
3*00 11*13’ 4*01
0 i
17 :
9
O
Rainfall,in
Days rain..
Rainfall,in
Days rain..
1
0
s
8
1 *05
8
0
:
3*13
4 05
i
lu
8
11
7*81 10*98
15
12
!
6*60
1*52
3*22
13
0*89
4
4*90i
13 j
6*12 11*08
21
18
5*89
17
5*10
5
2*15
7
2*80
5
2*15
4*70
5*00
10
7*75
10
....
!
4
11
I
9*70
13
8
j
3*19
4 j
,
5
'
1
0*80
2‘US'
10
12
.
|
6*30
3*00 14*02
20
7
1*18 r7*38
5
9
3*92
2*84
2*95
13
0
8*02
13
3*31
8
8*61
8
10
5*80
5*24
10
0
1
3*06
11
1*27
5
3'27
11
8 91
12
5 94
20
1
8*40
5*55
0*91
8
0
11
2*20
9*9 )
4*15
11
1*93
5
j
i
3*17i
7
0*88 11*31
10
5
j
2-731
0 95 11*10
6
5
y
2*27; 8*03
4
10
1
1
3*37
7
5*95
12
9*78
1*79
5
7*0C
3 40
4
8
1*59
5
!
»
2*07
5
9
!
i
8
9
4*02
7
2*03
i0 i
...
....
411
8
8*41
0-90
13
9
0
7
5*14
15
5*00
6*32
1*79
0*41
14
14
4
2*28
5*92
1*77
3
9
5*37
7
2*00
5*17
8
2
3*60
7
14
1*39
10
8*15
14
3*30
11
9*71
7*44
3*09
7
3 73
0
14
....
-
3*07
10 1
3*99
9
7-071 !
5*15
10 1 I
8
9*30
20
3*30
12
4*10
15
5*77
8
6*73 11*31
5*54
y
3*07
0
5*77 11*33
15 1 41
0*08
2
3'On
0
!
0*12
>
i
i 4
00
11
2
8*03
7
4*43 ! 6*50
8
8
T50
3*77
5
31T
1
5*52
0*25
7
1
1
10
14
2*9e
4*30
8
10
0*20
12
7
2
0*85
2
...
I!
11
\
2*94
5
0*48
3*12
3*51
4*77
10
0
0
8
2*77
7
6*07
2*0c
7
0*75
7
9*99
1*80
0*00
13
5*10
1*20 14*80
14
4
5
8
2*74
5*59
3*20
1*99
4
12
5
5
2*09
5
3*30
8
4
• *
f
4*80
4
|
3-651
i
7
..
13
1
...,l
2*80
10
3*51
8
5*40
11
1*52
4*70
14
10
5*00 1
1
9
!
1*91
5*04
4
9
!
7
1*70
2
1
3*7.1
3*41
0-49
0
15
10
4
2-20 j
5 l!
11
3*24
8
....
....
2'84
2*91
10
0
I
10
1*08
8
3*30
4*70
10
2*33
16 !
3*62
12
5*00
2*00
9
8*00
4*10
9
4*07
12
y
y
19
0
3*10
1*20
2
3*74
5
4*81
0
3*25
5
2*10
5
0*45
2*3U
4*48 10*00
1
3
15
15
10
...
0*08
7
...
4
|
6*08
•
•
....
....
•
2*07
8
2*30
3*75
15 1
2*34
2*83
15
j
13
....
....
3*81
10
T03
7
3*99
2*20
8*92
8
14
10
0*45
2
5*35
2*98
9
2*03
5
1*48
lu
!
0*51
0*38
4
2*59
'
14
3*43
2*10
4*30
11
14
12
2*83
2*11
305
T04
11
10
8*00
15
1*58
11
11
1*20
7
5*20
14
4*10
9
4*78
7
1*29
0
7*37
10
2*93
9
8*28
8
0*19
14
3*28
2*57
2*37
8
9
2*07
10
2*39
3*45
8
0
15
I
7*03!
....
11
10*35
10
7*30
1*20
0*31
10
2*75
11
2*3(1
0*00
13
4*83
15
7*09
3*72
13
f
11
.
| 7
14
•
'
3*07
13 !
11
7*30
1
7*20
14
10
!
10
1
3*00
3*10
3*80
8
j1
;
!■'
*
2*90
10
l
2*31
3*02
4*18
7
21
2*75
1
■
....
1
1*53
5
14
9*03
10
•
3
10
1
<f*25
7
299
•
4*50
4
4*r4
5*35
18
1*15
.
0
i
2*80
!
’
I
....
0*42
12
8
3-67
TOO ;
5*20
0
2*50
10
|
4*30
9
6*32
•
....
6*50
5*40
12
5*84
8
*
l
...
0
|
3*00
12 1
14
2*31
j 14
20
2
1
4*40
8
2'7(i‘
7
j
4*54
Days rain..
Rainfall,in
14
.
0
Days rain..
Austin—
4*18
•
4*50
Rainfall,in
Days rain..
Cleburne—
....
4*32
10
•i
i
3
1*28
20
1
341;
-
Kaintall.in
TEXAS.
Galveston.—
Rain full, in
Davs rain..
Palestine—
Rain fall, in
22
20
■
Days rain..
Rainfall,in
12*55! 11*45
3*19
11
Ash wood—
Days rain..
10
8
8
13
13*23 Oil
1* ;
10'
1
i‘
Days rain..
Rainfall,in
8
4*25 14*00
10
7
■
7
2*77
Rainfall,in
Days rain..
Days rain..
AUyUstn.—
Atlanta.—
Days rain..
Helena—
*
1*10
9
18
Rainfall,in
Fort Elliot—
3*04 11*04
i
1
GEORG1A
:
i
1
i
■
1
8*17
Austin—
1*94
b
2*51'
200
1*92
7
'
3'20
Rain fall,in
Days rain..
Mount Ida—
Me in phis.—
June.
i
11
8*05
10
6*39
10
8
t
101*5! 101*5
00 0
82*3
3*48
4
6-03
11 j
4*00
10
3
97*5
00*5
89*5
55*0
70*5
0*71
1*83
4
2*19
8
3*13
100*5
78*8
4*4 3
7
3*29
8
7*75
Davs min..
Fort Sinitliltainfall, in
04*0
4'78
10
0*27
2
3*75
6
Rainfall,in
93*0
02*0
77*9
52*0
74*0
9*08
15
4*19
5
4*14 12*33
5
14
Clarksdnle—
ttamrall.ln 5*45
72*2
94*0
14
1
Lt'xind—
84 0
1
)
C*5u:
Raintall.il
Uainfall.m
Days rain..
98*0
59*0
77*2
90-0
40*0
07*3
*7
;
2
7*74
Bmokhaven—
Rainfall,in
Days rain..
1
3*06
8
10
4
1
1 in
Rainfall,in
Days rain..
eicksburij.—
Rainfall, in
Days rain..
94*0
1*92
'
2'20
2-50
| 3‘3u
Days ram.
B. CAROL’A
Charleston—
Days
Raintall.in
Days rain..
02*0
73*4
1887. 1880. 1885- 11887. 1880. 1885.
l
i
Rainfall.in
Days rain..
Liberty Hill—
9J*0
50*0
74*2
4
0*15
2*81
5
Qr<l. Coteau-
9 V0
54*0
722
51*5
70*1
i
N. CaR’N A
Days
Shreveport.—
Rainfall,in
Days rain..
95*5
0U*4|
May.
3'10
8
1*01
7
0
8*98
17
7*15
14
-
90*0 82*0' 91*2
43*1)1 35*o! 57*3
00*7 59*3 -73*0
42*0
1880. I«s5.
90*0
072
80 3
!
Days rain.,
fOTtryth.-
LOUIS’AN A
New Orleansllainfall.in
Days rain..
78*4
87*4
51*4;
i
—
Sava l<i< ah.—
RMinlal!,ii
Du>s lam
Coluinb
Days rain..
77*0
05*i
1885.!!I 1887.
0*63
1*24
5
-
91 6
0c2
72*1
VIRGINIA.
Wilson—
Rainfall,in
Days rain..
05*i
40*5
85*1
CO t
/?%
87*0
08*2
87*7
580
70*2
H>*4
74*0
April
-
.1
3*07
10 i
G loster.—
£0*7
50*9
75*m
53'0
1*S7 12*14
5
10
0*72
3
Davs rain.
73'5'
Average.
Palestvm .—
Highest...
| 75*0
01*1
1
37-8
ETorfolk
91*0
44*0
00*9
j
70-0
vprtJ-
84*0
840
28*0
Lowest.,
A
07*0:
i
Highest.... 1 79-4
Lowest
81'0
83*0
23'0
50'.
0
MISSLVP1.
76*7
24 0
492
47'9,
3*08
7
Columbus.—
i
Highest..
4*15
11
Mont<join' y.—
Rainfall.in
Days rain..
Selma—
Rainfall .in
Days rain..
Auburn—
0 alnfall.in
....
*
78'01
24'b
78*0
5*06
4
4 35
3
Rainfall,in
Days rain..
....
f
ARKANS’3
Little Hock —
0*74
19
3*51
lallahassee—
Hainfall.i1
Days rain..
ALABAMA.
Tuscaloosa
95*0
55 0
....
....j 1 05'0
....
4S*(
....
....
Days rain..
Sanford —
Rain fall.in
Days rain..
!
Mobile,.—
....
"
74-0
300
03-1
Highest....
Average.
32''
j
....
Leland—
Highest....
1
FLORIDA.
Jaekxnnville-
4*80
y
1-37!!
3*11
317
12
10
1*65
5
2*80
11
3*00
0
2*61
2*88
10
2*55
13 i
2*15
8
4*12
;
2*60
! 10
3*00
3*48
10
,
7
1
! 3*32
j 11
2*54
0
-
i
I
!
MI88I8S’PI.
1
.
.
1*93
5
0
1*45
0*10!
1
•
!
1*80
1*49
8
1
1
2*25
11
1
4* Ox
11
4
#
0
'
;
0*74
2*75
3
10
0*00
2*44
9
8
2*34
2*58
13
14
8
10
2*22
*
504
1*70
4
3*94
(F
0
0*03
0*41
5
2
10
I
0-70
0*30
0*08
!
11
2
ll
4*07
7*01
10
11
0*23
3
4*84
i
0*321 3 31' 2 S2
0
;
0
4
9
5*14,
10
1!
0*41
15
4*71
13
i
1
10
*
9*02
11
2
13
ft* 12
8
o-oi*
5*30
u
1
7*23
i
8*4-‘|!
12
0
■
9*82
13
2*27
2*17
5*83
13
10
9
TOO
0*02
0*03
3
0
O
Inappreciable.
re in irks accompany the month’s weather re¬
:
Wilson-, North twolina. -Crips better t-liau f >r several year?.
SiiUbury, Stulh Carolina —In the immediate vicinity of this place
there have been u • storms of any severity, rains have been moderate and
Oil iLmCDih heavy hail felt 'about' eight miles to tlio
very seasonable.
lion head, earning very seii ms damage to a few acres of corn and
cotton; in oilier limited ~ec ions injury to more or le s extent has been
done !>> hat- or lmavy washing rains. Asa general rule, li »wove . cotton
has sustained no set. back, an t as to stand and condition no fault can bo
found *.\ li h i be crop up t>» 1 his i inn*.
Forsyth. Uc-nyia.-Tae weal her has been too dry and hot during the
mouth lor g »od u-subs, vegetation of all kinds has In en scorched and
dwelled.
For ten moil hs now (since be. t. Is )' we iiave had dry
weather.
We have had about two-and-a-baif times as mueli ram daring
that pei iod (t ii
last in moirhs) as wv u id last .1 ire. With as little ram
iti July as we hade br.tii having m mtli'y situ-e i'ehniaiy.ulie crops will
be st. rioiifd;, d imaged.
im:o has been sucli a. d< licieney in the rainla-u ilia
wii.it ,-n'ii fl at the tone a good shower is soon, absorbed by
the 11 it sty ground ejul disappi ars.
Are her, Finri'Ut.— Wr» dry and cool liionth
Mo'bih, Ai ih j mu.—Frequent rains during the month.
below, Alain',nut. Weal her tor June has been favorable to growing
cruj-s. espeeiu. i.v corn.
Weather for the past o days has been cloudy,
Tli>* toil
ports
wuig
for June, 18S7
.
but mi ..ii I has
imt been i.eavy.
drawl Ciecuti Louisiana.— All the crops in best condition. Sullieient
rain; a;wa\s at ihe. proper time. The second halt of Uio month loyor
tcmperaiuio tJuiu the. lirst.
Grt-auntle, Mississippi,—weather has been very
thus far
:
crop
_
favorable to t he
Clirkadate, Mis si ssipp t. —Favorable for cotton. Rather too dry for corn
at close. Gri ps clean.
Helena, Arkansas.— Yops generally are in fine condition and grow¬
ing well. 1 was a c dt<*u planter some 40 years ago, aud 1 noticed it
was not the tine L osing stalks in July but in August that made the
crop.
Other crops are splendid.
rains general, except at station and
well.
Cotton doing
Cleburne, Texas.—The first part of the month was good as could be for
farmers, but from the 13th on. the dry hot sun has stunted tile growth
of corn very gre illy in special regions iu tlie county, whilst in other
Cotton is siuip.y splendid, the
parts the crop is very promising.
hot. dry weather suitiug it exactly.
First Bales at New Orleans.—Six bales of new cotton
arrived at New 0« leans on Tuesoay, July 19, from Cuero, De
Witt County, Texas.
Four of the b^les came from Messrs.
Buchel & Co. and the remaining
two were from Mrs.
Hausman.
for bagging has
orders which-are
Jute Butts, Bagging, &C.—The market
been modei ately busy in supplying the small
coming in. Prices are quoted at
for
lbs., 6*4@
6%c. for 1% lbs., 6%@7c. for 2 1 s., and 7^(d7^r. for stand¬
ard grades.
Some n quiry is reported for butts, and sellers
are showing more firmness on paper grades, which are held at
2 l-16c,, while bagging qualities are held at 2}.£c.; but a shade
less will buy to arrive.
Manchester Market.—Our report received bv cable to-night
from Manchester states that the market is steady for both yarns
and shirtings, and that the demand for both India and China
is improving. We give the prices for to-day below, and leave
those for previous weeks of this and last vear for comparison :
18^6.
1887.
32s Cop.
Twist.
d.
8*4 lbs.
Cott'n
Mid.
Shirtings.
TJplds
d.
5
5
@8
5
5
b%tt6 lOh
8^06 1CD«
8^06 10 Hs
8*2 *6 li
5
8lOh
5
81206 10kj
d.
i *
July
1
li
44
4i
8
% @8
15 73* a8
22 738 @8
i‘
b.
d.
d.
d.
6
7*8
57a
5U>,«7i8
71*
578
7*8
5H,« 7
53*
and
Shirtings.
5
d.
7
7
7
7
5
7
»
6
8.
97% 5
7is
Comparative Port Receipts
814 lbs.
32s Cop.
Twist.
d.
B.
J’nel? ~*8 98
24 738 ®8
Goti'n
Mid.
<97*8
97 Sfi
97%
97%
5
5
97*q
s.
96
96
96
f*6
96
”6
Upld8
d
d.
7
7
7
7
—A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement
for
the years named.
The movement since
Beptemher 1, 188(5. and in previous years, has been as follows.
Tear
Monthly
Receipts.
1883.
1882.
1881.
385,642
345,445
343,812
326,656
429.777
October.. 1,034,4 O 1,055/24 1,090,385 1,046.092
980,584
Novemb’r 1,169,979 1,033,55*2 L.122.164 L,030,38i
1,094,697
853,195
974,043
359,203
Decemb’r 1,164,88b 1,069.92c 1.104,211 1,059,653 1,112,531
543.393
475,757
75*2,827
487,729
644,631
January
.
February7.
March
...
404,272
258,332
April....
May
89,18t>
47,42b
June
17,648
Total
414,651
283,645
202,866
7
133,147
84,715
261,44b
163,503
103,37o
35,575
385,938
595,5^
241.514
482,772
111,755
284,519
45,918
185,523
11,239
31,682
78,504
996,807
487,727
291,992
257,099
147,595
113,573
68,679
5,190,063 5,257,060 4,716,103 4,784,473 5,894,21b 4,620,487
Perc’tage of tot. port
This
siaiemeiu
98*64
98*74
97*41
receipts June 30..
shows that
ports this year were 66,997
473,960 bales more than at
9791
97-88
June 30 the receipts at the
bales less than in 1885-86 and
By
the same time in 1884-85.
to June 30 the daily receipts siuce
time we shall be able to reach an exact comparison of
movement for the different ye*rs.
1886-87
1885-80.
1884-85
1883-84.
1882-83
that
the
1881-82.
•
4,716,103 1,784,473 '>,894,210 4,020,487
8.
1C4
2,4u5
1,246
1,945
Tot Ju. 30 5,190,« 63 5,257,060
July 1....
“
379
2....
6s
2,397
“
3....
“
4....
135
“
5....
163
2,519
“
0....
2 89
2.449
97
S.
1,811
193
214
63.
260
69
8.
1,124
241
8.
8.
3,185
-
2,‘287
1,719
to
8.
1,236
464
1,395
1,626
2,353
«<
7.
3*6
1,500
1,006
255
“
8....
2,810
438
354
1,824
9....
1,003
3,977
74
1,238
1,0(0
838
1,262
903
2,601
586
1,993
816
1,006
309
1,678
863
3,2.43
685
1,349
5,334
“
“
10...
’
“
11....
“
12...
«
8.
648
1,1 11
13....
677
«
14....
«3
“
15....
“
16....
“
17....
8.
1,265
184
8.
998
316
55S
324
675
1,09 s
1,721
142
161
l,i60
4,091
66
299
1,92!
1,452
940
178
860
e.
“
18....
070
“
10....
6^7
’
8.
700
“
20....
25
“
21....
340
278
“
22....
11 3
513
1,554
260
S.
.
8.
2,138
18s
8.
1,746
1,483
1,168
S.
2,250
1,2-9
581
1,849
985
271
5 4
1,023
3,904
262
287
H.
45
6
100
follows
:
Copen- Bnrce- TarHavre. Brem. Hamb. hayen. Iona, mouth. Total.
9,518
40
'
500
7s3
fcOi
11,595
Liver-
pool.
New York.
V Orleans.
Baltimore
Boston
6,819
4,858
45
1,96 L
45
6
40
11,485
Total...
500
4,903
804
733
loO
106
100
18,565
we add the clearances this week of vessels carrying
from United States ports, bringing our data down to
Below
15—Steamer Astronomer, 3,531...
3,16<>.
Julj' 16—Steamer Carroll, 200.
New Orleans-For Liverpool—July
July lb—St Hiuer Costa Rican,
Boston—For Halifax
-
freights the past week have been as follows:
Cotton
Satur.
sail...d.
mm
sail
c.
sail
Thurs.
Fri.
%
yt4
y64
632
B32
m
....
mm
....
....
....
H32
H32
516
516
•
....
.
•
•
«•
•
....
....
....
mm
....
Bia
B16
....
....
....
mm
“32
1133
BI6
B16
•
*
Bia
B16
1132
....
....
saih.-.e.
BI6
1132
....
....
....
m m m
*16
5i0
c.
Hamburg, ateam.c.
Do
Wcdnes.
516
Havre, steam ...c.
Do
Tues.
%
Liverpool,steam d.
Do
Mon.
....
Amst’d’m, steam c. 30®35* 30® 35* 30® 35* 30®35* 30®35* 30®35*
Do via Leith d.
d.
sail
Do
....
....
....
....
....
....
764
764
764
Antwerp, steam.d.
....
....
....
Barcelona, steamd. 31A'5'1364 3lft'® 43^1 8ie® l3«4 $1*9 :3, 4
Geuoa.8team —d. 532®316 53i® 316 532 ®316 BS2®3D
1564
Tr ieste, steam... d.
1B«4
:5«4
1B04
*
.....
....
....
d. 3i6®13e4 3;6® 13tl4 316®1364 316®13r4 316®l364 3ie®1364
Reval, steam
764
316®1304
B32®316 B32®316
1B64
1664
764
7e4
Per 100 lbs.
Liverpool.—By cable from Liverpool we have the following
week’s sales, stocks, &c., at that port, We
Add previous weeks for comparison.
statement of the
•
July 1.
bales
Bales of the week
Of which exporters took....
Of which speculators took ..
Bales American
Actual export
Forwarded
Total stock—Estimated
Of which American -Estim’d
Total import of the week
Of which American
Amount alloat
Of which American
4S,00u
2, 00
1.00
39,000
5,000
8,000
807,000
56 >,UU0
ll,00o
5.000
July 8.
July 15.
5
57,000
5.00
1.000
41 OOO
137 000
10,000
17,000
70,000
2,000
1,000
59,000
It*,000
5,000
704,600
438,000
20,000
9,000
47 • OO
J 7.()()(*
0
130,000
i,o00
4.0. to
7.000
76 >.000
4 <6,000
7,0 00
780 Oou
52~,0< >0
34,000
4 0
July 22.
47,00 <
5,00 '
8 00.»
*
88,000
9.0U0
17,000
91,00
Liverpool market for spots arid futures each
The tone of the
day of the week ending*July 22 and
of spot cotton, have been as follows :
the daily closing prices
•
Saturday Monday.
Spot.
Market,
12:30 r.m.
^
j
Mid. Bales
Bpcc. A exp
838
4 I*
M
.
Irregular.
Steady.
Firm.
5“l6
5“ia
51
5t'
5n,e
51'm
10,000
l,0t*0
12,000
53*
10,u00
12,000
1,000
1,0< 0
is
(
)
^
Stnady at
2-*<4 ad¬
vance.
Unsett led steady at
1-64 ad
at, a
vance.
dccJiue.
Weak.
Firm.
Quiet and
steady.
b rid ay.
:
1
j
| llarden’K-|
Steady.
sn,« i
5**1« i
5“l6
;
li«
]1
5lli0
8,000
l,t00
10,000
i ,000
1.000
1
!
.
12:30 r.M. \
Market,
Th nrsd'y.
i
Futures'.
Market,
!
Wcdnes.
1|
Good
demand.
UplMs
Mid. Orl’ns
Tuesday.
201.
Total
5,202,09 s 5,287,451 4,720,343 4,799,693 5,926,307 4,649,703
Percentage ot total
98-83
98-95^
98-50
9798
98-45,
port rec’pts July 22
are as
8.
8.
419
1,961
4,858
1.733
2,949
8.
40
500
733
804
particulars of these shipments, arranged in our usual
The
form,
up to
adding to the totals
9,518
18,565
Total
Do
1884
Sept’mb’r
Total bales.
Alaska, 2.380
Celtic,
City of Rome, 750....
Kepler, 1.691
Sbrvia,'5S2....Spain, 1,810
To Havre, per steamer La Krctatrne, 40
To Hamburg, *er steamer Rhaetia. 500.
To C ipenhageu, per steamer island, 733
To Barcelona. per steamer Clieribon, bOl
New Orleans—To Liverpool, per steamer Picqua, 1,061
T.» Bremen, per bark Auguste, 4,S-*8..
Baltimore—To Bremen, pel steamer Donau, 45
Boston— I’o Liverpool, per steamer Bothnia, 6
To Yarmouth, per steamer Yarmouth, luO
New York—To Liverpool, per steamers
1.1 8
City of Chester, 8L6
Bremen, steam..c.
Beginning September 1.
1885
1 tto6.
Chronicle last Friday.
With regard to New York we
iaclude the manifests of all vessels cleared up to Thursday.
ttie
the latest dates:
.Daily Crop Movement,
of cotton from the United
reported by telegraph, and published in
the same exports
are
5!«
551(,
55,6
6
Shipping News.—The exports
States the past week, as per latest mail returns, have reached
18 565 bales. So far as the Southern ports are concerned, these
cotton
55,8
4
day of the month in 1886 and 481,755 bales more than they were
to the same day of the month in 1885.
We add to the table
the percentages of total port receipts which had been received
to July 22 in each of the years named.
5*8
53,6
receipts since Sept. 1 up to
85.357 bales less than they were to the same
are now
■
General crops good.
vicinity where a drought prevail*.
This statement shows that the
to-night
.
Tennessee. — L<ooal
As ■> wood,
121
THE CHRONICLE.
1887.J
July 83,
Firm at
2 64 ad¬
:
at
1-64 udvr.
vance.
Barely
steady.
Steady
i partially
Quiet,
Quiet,
J
Quiet
i
J
and
steady.
The opening, highest, lowest ana closing priceo ui futures a
uiverptxjl for each day of the week are given beiow. These
prices are on the basis of Uplanris, Low Middling clause, unless
otherwise stated.
The
prices
563-64rf., and 6 01
are
given in pence and 64ths, thus:
means 6
5 63
means
l-61rf.
4
TBE ( BK0N1CLE.
122
Tues., July 19.
Mon., July 18
Bat., July 16.
Open High Low. Cl08.
Jopen
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
5 42
5 42
5 42
5 38
5 38
5 34
5 34
5 39
5 39
5 38
5 38
5 42
5 42
5 42
5 37
5 37
5 :-4
5 34
5 38
538
5 33
538
5 42
5 42
5 42
5 37
5 37
5 34
5 31
5 38
5 38
5 £8
5 38
July
July-Aug... 5 42
Aug.-Sept.. 5 42
September. 5 42
Bept.-0ct... 5 25
5 42
5 42
5 42
5 37
5 37
5 34
5 34
5 38
5 38
5 38
5.‘S
5 25
5 25
5 25
5 24
5 24
5 22
5 22
5 26
5 26
5 25
5 25
5 16
510
5 16
516
5 15
5 15
5 14
5 14
5 17
5 17
5 17
5 17
Nov .-Dec...
5 14
5 14
5 14
5 14
5 12
5 12
511
5 11
514
5 14
5 14
5 14
Dec.-Jan
513
5 13
5 13
5 13
5 12
5 12
5 11
5 11
5 14
5 14
5 13
5 13
5 13
5 13
5 13
5 13
5 12
5 12
511
511
5 14
5 14
5 13
5 13
J’ly
20J
Tliurs., July 31.
Oct.-Nov...
...
Jan.-Feb
...
Wetlnes.
Fri., July 33.
July
d.
d.
d.
d.
d.
d.
d.
(2.
5 39
5 39
5 39
5 39
5 41
5 41
5 41
5 41
T10 movement of breadstuff a to market is indicated in
the figures of the New
the receipts at Western
lake and river ports, arranged so as to present the compara¬
tive movement for the week ending July 16, 1837, and since
July 24, for each of the last three years:
Cleveland...
5 40
5 39
5 39
it. Louis.
5 26
5 25
5 25
Peoria
3 17
5 16
5 16
j 5 14
5 40
,
5 40
0
40
5 40
!
5 40
September.
5 89
!
5 40
d.
!
d.
Chicago
Milwaukee...
35,032
Tot. wk- ’87.
214,122
2.007.028
Same wk.W.
161,6 )6
2,389,742
136,936
”882,009
53S
5 38
5 40
5 40
5 40
5 4o
Sept.-Oct.. 5 26
Oct.-Nov... 5 17
5 2C
5 26
5 26
528
5 28
5 27
5 27
5 17
5 17
5 17
5 18
5 18
!
5 17
5 17
Nov.-Dee...
5 14
5 14
5 14
5 14
5 15
5 15
1
5 15
5 15
5 13
5 13
Dec.Jan—
5 14
5 14
5 14
5 J4
5 14
5 14
5 14
5 14
a
13
]
5 13
5 13
5
13
Jan -Feb.
514
514
5 14
514
6 14
5 14
5 14
5 14
5 13
j
5 13
5 13
5 13
8
j
! 5 26 '
j 517i
It
1
5
4.432
08,977
963,730
64,030
31,189
5 89
17,913
...
1,845
Duluth
tma
wk.VS5.
Since July 24
1886-7..
BREADSTU FFS.
active for flour and meal, and,
8.337,055 00,127.231
9.59\563 10 >.605,000
speculation was dragging and the export demand
active.
European crop accounts were more favor¬
able,
and
ocean
freight
less
plenty.
On
room
Wednesday there was uniformly a stronger market, but on
Thursday, while winter growths were cheaper, spring growths
were dearer, with the choice grades of the latter in demand
for arrival. To-day the whole market was dull and weak^
under the better crop accounts from the West of Europe.
Mon.
Tues.
Wed.
8L78
82^8
82
82 3?
82tg
874
82
July delivery
August delivery
82*4
834
September delivery
2 RED WINTER WHEAT.
83i{s
December delivery
874
87'-4
874
January, 1888. delivery..
May, 1888, delivery
88
934
88^4
934
8s%
93^
Thurs.
Fri.
82
8 t-li
807s
835q
83^
82r>8
SS’s
934
88
82H
8l:5a
87>*g
8^78
934
924
quite buoyant early in the week.
Reports
of damage to the growing crop by drought were renewed
with considerable emphasis, to which the intense heat gave
credence.
Speculation revived, and there was an advance in
both spots and futures.
But the fall of rain over a large por¬
tion of the corn-growing region caused the advances to be
quickly lost. Scarcity of grain room and higher rates for
British ports were also elements of weakness, and to-day the
Indian
market
corn was
was
dull at drooping values.
DAILY CLOSING
PRICES OF NO. 2 MIXED CORN.
Mon.
Sat.
July delivery
Tues.
444
447e
454
404
404
47
474
August delivery
45 4
September delivery
October delivery
November delivery
474
474
484
Wed.
Thurs.
45 4
,454
474
4.7
454
4S18
49
Fri
414
455g
477a
484
474
484
grades, with a good demand
the local trade, but mixed grades have sympathized in
Oats have been firm for white
from
speculative features with Indian corn, an early advance being
lost, and the close weak and unsettled.
DAILY CLOSING PRICES OF NO.
July delivery
August, delivery
September delivery
Sat.
Mm.
34
3378
314
32
314
314
314
314
32
October delivery
2 OATS.
Tues.
Thurs.
Fri-
33 4
334
314
314
334
314
314
32
3178
3l7@
324
314
Patents
Southern aopers
4 30®
3 15 ®
95
25
45
40
45
59
4 80
3 30
S mth’n com. extras..$3
S mthern bakers’am
family br de..$ bbl
Rye flour, superfine..
Fine...
Corn meal—
Western,Ao
Brandywine
35®$3 6
3 75® 4 5
2 75® 2 9
2 20® 2 3
2 40® 2 7
2 70® 2 7,
GRAIN.
WheatSpring,per bush.
Spring No. 2
Red winter, No. 2
Red winter
White
Rye—
73
81
82
87
824
78
©
®
n
®
80
80
©
8?
834
Include
®
Below
9^,410,601
No. 2 mixed
No. 2 white
36
42
34 4
394®
404
10,911
987,604
SS3.090
13,511
27,821
10,033
16,504
65,162,733 2l,°82,670
20,250,107
2,01',025
2,861,373
10,636.9,3
4,607,510
33,007
-
103,577,954
....
6.576,6 >0
5,687.415
'21,570.818
45,224,913
25,026.579
4,425,950
87o,869
23,504479
55,-94.8)8
26,8 89,317
75.S05.S7J
50,03 4,882
27,758.435
2.618,403
1,032,3 A>
2,731.630'
3 256.921
100,121,188
109,774,392
109,587,741
week extra.
one
are
*1884.
*1885
*1886.
5,566,881
the rail shipments
from Western lake and rivtr
1885.
Week
1881.
Week
July 17.
July 18.
70,117
122,337
Julv 10.
85,050
1C9.208
393.*03
207,771
453,791
538.41 6
597,416
4,907
12,321
8 29,62 1
1,117,055
1887.
Week
1886.
Week
Ju.li/ 16.
Flour
Wheat..
Corn.
Oats
..bush.
337,083
Barley
Rye
Total...
The
1,253,'- 12
230.253
17,198
5*6,526
16,132
8,209
31,003
1,510,653
1,402,385
receipts of flour and grain at the seaboard ports for the
July 16, 1387, follow:
week ended
Flour,
At—
N )W Xork
.....
Corn,
Oats,
Barley,
bush.
468,3 0
bush.
bush.
Wheat,
bbls.
bush.
107,693 1 .196.300
54.593
216,300
102,600
5,286
2,500
3.2,695
121,033
92,071
1,209
22,0 13
1)3,913
5.961
102,500
47 4,466
261,949
495.892
3,6-3
113,197
Total week... 292,197 2, 678.3 -7
Oor. week ’86.. 199,123 1, 533,621
1.0:4,431
Boston
viontreal
6,770
20,480
91,963
Philadelphia...
Baltimore
Biilnnond
Vew Orleans...
2,715
7,977
64,745
900,789
„
w
M
m
m
.
Rye
bush-
‘9,850
4 90
700
35,402
3,870
......
461,010.
366,592
3,700
......
11,000
20,09e
for the period from Jan*
follows for four years:
The total receipts at the same ports
t to July
9, 18S7,
compare as
*1886.
*1985.
bbls.
7,571,537
6,537,652
7,763,319
Wheat .....bush.
Corn....
44.0 >4.161
28.660,3 it
19.311,231
51.403,391
Oats
17,224,356
19.5 »0.135
2,211.163
5)8,03 2
2,391,933
301,747
92,740,093
92,963,825
1887.
Flour
.........
Barley
Rye....
Total grain
Include
...
one
22,319,016
1,236 3 21
20.0 23.039
2,360,436
5
*1884
6,79 5,833
20,737,692
30,12 >,8 19
15,919.383.
21,5)6
2,410,303
2,991,117
99,6tG,113
72,135,344
0
week extra.
from the several seaboard ports for the week
ending July 16, 1887, are shown in the annexed statement:
The exports
Wheat.
Corn.
Bush.
N aw York
Boston...
N. News..
Montreal.
Philadel..
Baltim’ri
N Orl’na.
Norfolk..
1,771,948
155,478
221,602
254
T Jt. w’k
8 me time
1886.
53
324®
384®
33 4®
1,136,206
ports for four years:
..
State & Pa., $ bush. 55
Oats—Mixed
White...
*
Bush.
FLOUR.
......V bbl. $2 20 8 $2
Superline.... ......... 2G59 3
Spring wheat extras. 3 15 7* 3
Minn, clear and atra’t. 3 75® 4
Wintt-rahipp’g extras. 3 10® 3
Winter XX & XXX.. 3 50® 4
Total grain
Exports
from ~
Rye is dull and nominally lower.
The following are the closing quotations :—
Fine
419,916
Rye
*
Wed.
4,100
comparative shipments of flour and grain from the sam «
ports from Jan. 1 to July 16, 1887, inclusive, for four years
453^
404
3,000
The
although prices have in some cas^s favored buyers, there is show as follows i
material or general jdecline to note. Dealers and bakers
1887.
bbls.
6,950,118
usually at this season limit purchases to their immediate Flour
bush. 40,242,074
wants, and the export trade has been kept wiihin narrow Wheat
Corn
35,009,582
limits by the less favorable foreign advicep.
Oats
24,43’,621
The wheat market has been unsettled anrl somewhat irregu¬ Barley
3,430,761
s
2,303
223,300
60,404,491
00,506.877
94,766,0 8
no
The
6*5
1,431
702,100
2,310,840
1,884,293
10,717,523 88,940,444 80,978,667
..
1884-5
Friday, P. M., July 22,1887.
31,084
158,910
5,078
191.295.
81,200
,
18S5-6
Sat.
Rye.
Barley.
Oats.
Corn.
Wheat.
Flour.
—
5 39
5 4)
5 40
DAILY CLOSING PRICES OF NO.
tLe
statements below, prepared by us from
York Produce Exchange. We first give
5 39
5 4J
5 40
much Ie
65
5 39
5 40
5 38 1
lar.
® 83
® 72®IOO
® 66
,
Peas—Canada
....
5 39
5 39
5 33
The market has been fairly
Malt—Slate, 6-roved. 75
70
State, 2-rowed
Can ad a
85
....
5 40
5 39
i
53
48
©
©
5 40
5 39
5 39
..
48
®
©
®
Two-rowed State
Six-rowed State
5 40
5 89
,
Barley—Canada
5 40
d.
d.
!
464
4534
50
541; 5 41
5 89
..
®
®
®
©
Bbls.lMlbs Bush.60 lb* Bash. 56 lbs Bush.32 lbs Bush AS lbs Bush.50 lb*
24 051
065,087
9,003
143,007
108,218
472,661
1,440
43,000
2,150
3,300
40,321
71,313
873
48 L, 934
2,200
5,306
Toledo.......
4,637
125
Detroit
1-2,817
9,435
1,694
4,200
Aug.-Sept..
Jnly-Aug
>w
teB athern..
ello n Southern.
Receipts at
Open' High Low. Clos.
Open High Low. Clos. Open High Low.] Clos.
yell
W^‘
? 1
d.
<?.
5 42
44
45
48
46
50
46
Corn—West, mixed
West, mix. No. 2.
West wh '■e
Open High Low. Clos.
High Low. Clos.
fVoL. XLV.
The
16,914
Flour.
Bbls.
67.818
48,292
8,641
21,71-2
16.750
Oats.
Rye.
Peas.
Bush.
Bush.
Bush.
500
397,567
20,034
251.170
410.201
13.600
69.040
136,500
127,326
22.551
390
357
3,200,607
385,732
185.511
13,093
1,124,909
785,014
171,308
46,435
.
01,6/5
destination of
the exports
Corresponding period of last
year
2,686
3,506
14,537
3,ISS
24,572
C9,789
is as below.
We add the
for comparison.
S
S3.
r.z
THE CHRONICLE.
1887.J
Flour.
Exports
’■foi’ week
to
1887.
Week.
—
1886.
Bbls.
Un.Klng.
W. Indies
Brit, col’s
15,565
20,778
6,220
Oth.o’n’te
1,154
1887.
Week.
Week.
July 17.
Bush.
18S6
Wf&k.
July L7.
July 16.
Bush.
129,747 1,931.736
4,915 1,328,968
12.053
5
17,577
7,016
*
Oom.
1886.
July 16.
Bbls.
131,392
10,402
Total..
1897.
Week,
Week,
July 17.
July 16.
Contin’nt
<B.& C. Am
Wheat.
302,768
822,131
Bush.
192,) 42
149,138
Bush.
602.206
36.716
14,734
6,032
7,333
10
16;),741
”i’,674
185.511
171.308 3.2/0,607 1.124,909
385,732
785,014
By adding this week’s movement to our previous totals we
fxave the following statement of exports this season and last
season:
Flour.
Wheat.
Bbls.
Bush.
Bush.
Bush.
Bush.
37.697,537
16,781,C29
4.177,938
40.020.975
18,373.017
22.765,583
471,535
156,521
9,732,745
957,83.)
723,501
45S.024
744.630
780.414
33,8 2/290
47,417
13,164,031
6. AC. Am...
10,420
705,763
1,088,394
3,(81
5,194
476,5)5
13
34.199
298,500
78,953
34,865
29,074
143,116
49,412
56,525
62,516
8,628.855
0,39 5,2 71
Total.
Exports
op
507,(518
74,02o,W)9
Breadstuffs
for
31,008,033
53 9S6.959
33,771,276
June, 1337.—The follow¬
ing, made up from the statement issued by the Bureau of Statis¬
tics, shows the exports of domeitic breadstutfs from the under¬
mentioned customs districts of the United States for the
month of June in 1337 and 1336, and for the twelve months
since July 1, 1836
Breadstuffa
Exports.
:
1887.
Qu'nrities
-1
1886.
i Qu'ntities
Value,
Barley, bush.
$
New York
Boston
j Quantities!
J
Wheat,
In store at—
Value.
Albany
509
Buffalo
26,000
1,194.570
121,011
42
2
00
1.132,704
724,798
Barley,
bush.
390.600
bush
31,060
161.800
6,850
16 000
173 958
11,309
17.836
10.556,063
38.309
38,504
3.567
2,163,615
428,590
43,162
13,230
1,274,012
4,228
7,737
9,299
21,001
52.335
2.513
40.000
3.257
9,207
10,063
1,711,019
51,427
17,864
afloat
...
Duluth
2,698,521
Toledo...
593,185
15 ),632
59,000
928,016
Detroit
Oswego
3t. Louis
Do afloat
22,000
79.073
154.296
493.637
415,530
Boston
Toronto
Montreal
Philadelphia.....
Peoria
919
Indianapolis
Kansas City
Baltimore
100,837
33,026
593.672
5,035.870
225.000
.....
........
Minneapolis
Bt. Paul
On Mississippi...
On lakes
On canal & river
36,000
8,000
37.000
29,204
13,000
93,637
22.663
359
4.2 49
24,634
26,016
180,233
15,975
38.932
283.800
24.673
189.375
8 4,933
256,997
11,550
3,917
19,4*31
2,692
8.000
4.869
1,950
0,820
197,945
43.250
103.200
836 4 )8
1,961,732
1,112,0 0
,
367
1.090
160,000
Cincinnati.
Last week’s stock;
Paul not included.
105,014
Bye,
bush.
1,135,463
Milwaukee....
Do afloat
:
Oats,
bush.
3,268.557
108,090
*
$
Com,
bush.
New York
Do afloat
.
$
49
ports, and in transit by water, July 16, 1887
Tot.July 18/85f 36,970,939
Tot. July 19/841 11,739,588
Twelve Months.
Value,
The visible supply of grain,
comprising the stocks in granai y
at the principal points of accumulation at lake and seaboard
Tot. July 16,*37. 31.496.88g
Tot. JulV
8,’S7. 32,787,193
Tot. July 17/86
29,239, >62
1880-87.
.$1345^455
country-.
*
5.983.041
$3,933
90.933
132,591
Notk.—This statement includes about 98 per cent of the entire
exports of tha
articles named from all ports of the
Do
tJn.KinRdom
<10111106111...
West ladies.
Brit. Col’nies
Oth. couatr’s
Value of exports from other customs districts
Hrazos, Texas
$5,068 New Haven. Conn..
Chicago, Illinois....,
3*0,<>08 Richmond, Virginia.
Detroit. Michigan
72,*50 Yorktown, Virginia.
Duluth, Minnesota
1,022.321
Huron, Michigan
179,382
Total
Miami, Ohio
82,509
Chicago
Corn.
Sept. 1/80. Sept. 1, ’85, Sept. 1, ’80, Sept. 1, ’85, Sept. 1. ’86, Sept. 1/85,
Exports to— to
to July
in July
to July
July
to July
to July
10, 1887.
17, 1.880.
16, 1887.
17, 1880.
16, 1887.
17, 1886
Bbls.
;i23
8.803
1,460,300
315,854
88.100
8,674,259 2,075,165
9,502,416 2 425,571
P,317,459 2.0 4,70 4
7,Or6,026 2,962,973
213.692
229,3 9
242,057
191,750
130.177
136,478
221,411
95,390
5,138,014 2,785,910
293,874
223,161
this week’s not ino’uded.
t Minneapolis and St.
Philadelphia
Baltimore.
New Orleans
San F.&Wil’m’te
•Other cus. dist's*
42 j
60
21
4:
06,21 lj
j
30.437|
23,042
12,277,
2
5
848,818
770.550 14.157,394
68.054!
2.902,941
32.040'
2.010.832
710,047
8,304.302
0,944,708
1,512,187
1,255,5.82
4,017,005
597,580
271,214
094;
478
4,200,907
3,554,074
28,470
1,750,52)
39.724,999
19,009,152
1
12,3201
THE
4
1,297,824
l
00,2551
Total, barley
Corn, bush.
30.373J
25,439
DRY
GOODS
New York,
The chief feature of interejt in
.
1.510,513!
New York
Boston
727,R00| 1,657.130
311,800;
Philadelphia
100,824
134.400
01,080
70.159
109,3711 1,571,353
130,042;
Baltimore
New Orleans
224.1181
San F.&VVil’m’te
Other cus. dlst's*
Total, corn
Corn-meal, bbls.
333,5001
1,599
155,894
193,410;
77,950;
2,714,000
1,294,542
New York
Boston—
1,21?!
11,39:5
920,451
42.747
317,748
2,213,931
4,947,779
32,2:5
7,505.810
13.160
31.721
21,8)2
118.712
105.000
022
4.029
4
1,214
336,929
9.34,1
22,277
Baltimore
New Orleans
San F.&Wil’iu’te
190
2
524
5
Other cus. dist’s*
1,375
3,850
8,215
0,010
32.711
80,803
‘Total, corn-meal
Oats, bush.
22,301
58,947
23,455
00,245
202,303
090,480
New York
Boston
13,114
5.574
39.148
21
103,479
4<>
2
10»
103
50
331
20
4
52
3,990
2,271
6,984
2,9 75
15
10
210,131
3.055
0,750
1,240
2,179
88.988
70,530
89,515
1,027
2,775
80
795
54
10
110
42,932
23,104
101,527
Philadelphia.
8,839
4
...
250
1
28
Baltimore
New Orleans.
San F.&Wil’in’te
...
1
20
00
.
Total, oats....
-
Baltimore
New Orleans..
San F.&Wil’m’te
...
17,475
8,029
111,477
42,510
395,491
3.27S
335.087
891,880
105,000
131.U00
7,358
2,180,088
3,793,990
56,000
2,2 40
0.700
148,000
234
2,000
291,840
8,712
43,210
27,205
S'? ^7
Boston
Baltimore....
New Orleans.
i
4,570
4,107,088
50
2
38,000
1,012
92,045
5,575,900
2,988
114,007
1,500,907
39,812
16,800,811
455,Ol 3
Total, rye
Wheat, bush.
!
Philadelphia...
\
;
Baltimore
New Orleans...
.
1
19,729
43,210
27. <05
19.729
5,007,100
5.485.023
4,882.806
152,500
13 >,988
l,315,s«0
1,193,' O''
080,01’3
1,237,189
384.100
201,203
l.l 18,858
5-5.112
437,017
24,5*0
./I i,770
1,539,124
1,307.201
2,494.94i
i,7.7,2(3
.! 12,148 459
11,400,493
9.040,795
2.'0.nOl 1 1,102,945
218.014 i 1,* -7 7,293
301,072
*;
New York....
Boston
j
Philadelphia.
!
;
Baltimore....
48.594 !
2 io.4 v 61
3.26:21
New Orleans
SanF.aWii
Other cus. d.
STotal,wheat
.q’rj
Philadelphia
14,757
189.540
85,1 *5!
399,471
632,040; 4.125.4761
1
....
..
;
Baltimore
j
New Orleans
j
Sail
F.&Wil’m’tej
Otner cus. dist’s'i
Grand total..;
170,007
1,170,860
41.342,
'lotals.
New York...
Boston
the reclassification of cotton
trunk lines of railroads.
been
Many goods that have heretofore
subjected to first-class freights
Western markets at thirl class
caused great
tion of
are no v
rates,
satisfaction in the trade.
freights
movement
on cotton
from
piece goods by tho
trausp irtei to
boon which haa
a
Following the reduc¬
piece goods there
this city and
direct
was
a
liberal
fro/n the mills, large
9*6,450
022,007
2,149
81.7. >4
57.1,35
24'J,s 151
813.778' 8,(541.85
■
7,383.910
1,4(5,487
..
j 1,845,4ii8
1,930
10, <20
3]
Vj
2,5 .451
1 r.:';2--y8 *‘2. 5;.)74.598
12.'>69 -'37
29.5)1.3*4
3,139.399
7,720.946
20,835.019
1°, 113,039
13,702,993
102,420,194
2,233,206
...
6
01,431,827
14/x>i 5 11
7 55,‘-52
1.708,759
i-i 7,625,840
203.535
8,200
350.843
313.577
..
833,302
0,401,098
1,2*4,216
1,974.960
j
in
abeyance for
some
freight schedule
now
by j obbers who have held shipments
time past in anticipation of the lower
in force.
Business in commission and
importing circles
was
speculation
effectually checked by the continued strin¬
gency
of the
was
money
fairly active, but all tendency toward
market.
The jobbing trade
was
quiet
as
regards the distribution of assorted lots, but
a
package business in prints, domestics, &c.,
accomplished
was
fairly good
by leading jobbers.
Domestic Cotton Goods.—The exports of cotton
from this port for the week ending July 19 were 5,772
;
101,123
32,071
176.774
1 2,401,971
j
forwarded to the interior
.
' 1,394,103
1
quantities of domestics, prints, ginghams, &c., having boon
goods
pack¬
17,75.2
ages, valued at $331,839.
These shipments include 2,544 to
10,851
China, 1,250 to South America, 1,003 to British E ist Indies,
i
1
547 to the West Indies, 158 to Mexico, 109 to Central America,
10,851
357,254
210,185
64 to Europe and 97 to all other countries. Since the 1st of
4,311,788 40,503,930 I 37.147,920
339,813
1.5! 0,340
1,278,8 0
January the exports aggregate 111,343 packages, valued at
1*1,794
9,804,790
b.952.215
379.055 13,903.2 8 12,4.V,130
$6,590,945. Of this total China has had 59,955 packages,
20,879
4,345,553
3,030,711
valued
at $3,839,123 ; and 21,63S pickages, valued at $1,553,1.901,852 1 24.081.704 20,009,550
540,748
0,1.09,537
5,372,429
097, have gone to South America. For the similar period
7,07.5,929 !100,809,212
j 89.803,701 of 1885 the exports to all ports reached 123,085 packages, and
3,976.051 ! 10 :.?i .680
1,232,084
in 18S5 were 100,225 packages.
The demand for plain and
831,188 j 2.204,
i..490.250
1 <7.‘. V
i 1 ,->i.( ,44 4 colored cottons was
moderately
active,
and there was a liberal
2 >.?•>, iv) 7 ; 1j.yptf
5-». 12
10,551
i..2,502
; movement in some descriptions on account of former transac¬
315,>-2i
1.3 2. '.b'
;».'.Jm*\209
distV
New Y’ork
-Boston
67.529
101,069
20,941
142,417
Philadelphia..
...
^
4^500
r'
Rye, bush.
New york
002
972
-
’
Philadelphia..
-
81.140
Oatmeal, lbs.
New York
Boston
cus.
81
was
‘
Philadelphia
Otner
258,673
1",70O
3,174
week
TRAI3E.
Friday, P. M., July 22,1897.
the dry goods trade the pi9fc
'
tions.
The tone of the market has lost
none
of the firmness
reported of late, because stocks resting between consumers
and the mills are exceedingly small for the time of year, many
makes of st iple cotton goods being under th) control of
Print cloths were only in moder¬
orders for months to come.
ate demand, but prices of G4x64s have advanced to 3 5-16c.,
while 56x60s are firmly held at 3c. Stocks hat Saturday and.
for the three
previous
years were as
follows
:—
CHRONICLE.
THE
124
July 16,
Stock of Print
Cloths—
Held by Providence manuf’ra.
Fall River manufacturers...
Providence speculat ors
1886.
82.000
157,000
67,000
55,000
162,000
75.000
Outside speculators (est)
461,000
Total stock (pieces)
Printed calicoes were in fair
July 18, July 19,
July 17,
1 »87.
18s5.
442,000
40«,000
320,000
300,000
123,000
20,000
1*84.
H
O
P
-♦
387,000
521,000
ert
200,000
D*
P
®
demand at first hands, and
ginghams, cotton dress goods, table damasks and cotton
hosiery were distributed in liberal quantities by agents.
Domestic Woolen Goods,—The market for clothing woolens
has not shown much animation and its main features are
unchanged. Some additional orders for light weight cheviots,
caesimeres and suitings were booked for later delivery, and
there was a moderate movement in heavy goods in execution
of back orders, but transactions aggregated light. Cloakings
were in limited request, but Jersey cloths and stockinets con¬
tinued in fair demand and firm in price. Satinets ruled quiet,
and transactions in Kentucky jeans and doeskins were only
moderate, but piices remain steady. All-wool and worsted
dress goods were freely delivered by agents on account of
foimer orders, and a very fair amount of new business was
done in these fabrics. Flsnnels and blankets were in steady
though moderate request, and desirable makes are firmly held
by the mill agents. Carpets were in fair demand, as were
fihawls, skirts, wool hosiery and underwear, and fancy knit
woolens.
s<
descriptions of imported goods, but
was rather quiet than otherwise.
Dress goods were fairly
active in movement and demand, and there was a moderate
business in silks, velvets and plushes. Men’s-wear woolens
were more or less quiet, and there was a comparativly light
busines in linen goods, white goods, laces and embroideries,
but hosiery and fabric gloves were in fair request by package
buyers.
Importations
of Dry Goods.
The importations of dry goods at this port for the wet k
ending July 21,1887, and since Jan. 1, and the same facts for
the corresponding periods are as follows:
KANSAS
KXOX’S
:
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.
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.
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e%
The Amerlcnn Investment Company, of Em
gneteburg, Iowa, with a paid-up capital of *600.-
000,
surplus $7 5,000,
offers
tlrst Mortgage
Loans drawing seven percent. Also M percent K▼ear Debenture Bundt, secured by 105percent of Hrst
Mortgage loans held in trust by the lllercnnitle
Trust Co., N.
Five per cent certificates ot
deposit for periods under one year. Wnte for full
information and references to the company at 150
fca»»au St., jN. Y.
A. L. ORMSBY,
Vice-President.
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mort¬
gages, interest 6 per cent to
7 per cent, principal and inter¬
NORTH-
WESTERN
GUARANTY
LOAN CO.,
absolutely guaranteed. Se¬
curities for guaranty held by the
est
hinnp:apolls.
American Loan & Trust
pany, ol Boston, Mass.
8end for circulars to
to
to
bo
COOl
totO
$‘2,000,000.
WESTERN
FARM
THE SOUND
AND
MORTGAGE CO.,
LAW BENCE, KAN.
F. M. Pf.rkins. Pres t.
L. H. Psrkivp,
Paid Up Capital,
-
The choicest hirst Mortgage Farm
\ ear debentures,
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BONDS
STOCKS and
;
Auction.
At
GUIDE,
hold REGULAR
SALES, of all classes of
The Undersigned
Contract
STOCKS
BONDS,
AMD
WEDNESDAYS
ADRIAN
No.
1
II.
AND
8ATURDAY8.
HIIEEER & SO^f
PINE STREET. NEW YORK.
7
A Strassburger.
B.W.Strassburger. Leo.Strassburger
Strassburger 5c Sons,
No.
two to five years
16 Commerce St.,
M O N T G o M i: It '
ALA.,
,
DEALERS A XD BROKERS fV BOXES, STOCKS
AXl) M l SCE L L AXEOUS SEC URICl ES.
Topeka, Kansas
Brokers,
AUCTION
ON
SOUTHERN SECURITIES A SPECIALTY
Correspondence solicited. Ordrrs have prompt atten*
tion
Kefer by
gomery,
gomery.
permission to Firs' National Bank, Mont¬
Ala.; Messrs. Moses Bros., Banners, Mont¬
Aia ; Messrs. Jjsiah Morris & Co., Banners,
Montgomery,
Ala.
..$2,000,000
1,00(1,000
Capital Subscribed
Paid in (Cash)
D E B E N T U RE S
Investment Sseurities
,
hearings per cent, running ten years and based
exclusively upon Western Farm Mortgages, he!d m
trust r y the American Loan & Trust Company, of
New York, for th<* benefit ot the bondholders. Their
safety, time to run and rate of intere-t inane them
the most desirable investment now offered. ,Also, f
UUAitANlKtl) FAKM
MOllTGAUUS.
SOLD.
AND
BOUGHT
WANTED:
Elizabeth City, New Jersey, Bonds
Southern Central ists.
Middletown Uniunville
York, 208 Broadway I Philadelphia, 112 8.4th St.
Boston, 23 Court St.
| Kansas City, 7th& Del.Sts.
New
ALBERT E.
and Scrip.
& Water Gap 5s.
Indianapolis & Vincennes Isis and
Scioto Val.ey Bonus, all issues.
OFFICES.
2ds.
ILMIHPIELD,
No. 5^ Pine Street*
Farm
Ill
Mortgages
Sums of SI00 and Upwards
Indiana and Ohio Ronds.
JOS.
on
A LVV A YS PROMPTLY PAID.
A.
PAMPHLET.
HOOKE,
84 East Market St.„ Indianapolis,
Walsh 8c
STOCK
No. 26 BROAD
(AMES W.
Iud.
Floyd,
BROKERS,
STREET, NEW YORK.
WAL8H, JK„
NlCOLLi
Stock Kxchanve.
FLOYD, Jr
Member N. Y.
See.
$*250,000
Loans, also the
based upon its
Important Notice.
full information, Branch offices in N. Y. City and
Albany. New York Office la7 Broadway.
C. C. H1NE & BON, Agents.
TOPEKA, KANSAS,
the compiled Laws of
Kansas relating to Real Lstute Mortgages.
X
CO
to
CO
*9
ocToabs^-
8
it-
lleven
Said
up years’
sapitaland
assets ofwith
overabsolute
$u50,oo0.satisfact
No losses.
experience,
od
toover l,5u0 investors. 8end for
CO to COOl
to - 3 to CO 05
O Co to C0O1
to
co oo no od o
S- to X X Ol
TO HOLDERS OF KANSAS REAL ESTATE
MORTGAGES:
Company's Ten
|
05 05
CO to.
$300 to $3,000
Si M> FOR
DEI,I ABLE
O
Com¬
CARPENTER
Bunkers, Troy, N. Y.
Eastern Managers for Company
THROUGH
•
financial.
NOTHING SAFER.
INVEST
! 2
•
-J
EQUITABLE
Mortgage Company.
Paid-Up Capital, NEII Ktt A
$'200,000.
Authoriz’d Capital
•
to
Wliy itofgct the lull beitclii yourself on your money?
capital of $H»O,uO0 to bark our guarantee, but t.ie best guarantee possible
Investment
•
to to to KD
X
Xto
commission.
liXOX,
•
•
00 (to
INVESTORS’
ifctbe chai acter ot the loan itself.
Loans range in amounts of $250 to $10,010, but generally
time; security three to four times the amount of the loan.
•
/-
w
•
i
•
i
FOR
KANSAS
•
•
•
1
-3
and if
&
•
•
,
O'
X
remitted
IlODGES
•
o
Wo do not offer 3 Options for investors, but the one, ami that Is our TTnconditlonal Guarantee-* S per « cut Loans. Interest aiul Ihmcipal collected and
to
lender on oate » 1' muiir itv, iree of cost.
Do not lo.<n your m< ney at (> ainl 7 p« rcent interest when you ran as ea-ily get 8 per cent on
the sail © clas* of seeuriiy. Money is worth, 8 per cod i>> lercst'ami is bringing i hat in this State,
If a < per cent loan is nu.de a second mortgage is taken l’or the other J per cent,
a
per
cent loan is made a second mortgage is taken for the o lie • 1 per edit.- and in a. idi-imi tie* agents
We have a
i
i
!
j i Sg
g::
d* •
S: •
:
to
X to
Containing the Compiled Laws of Kansas relating to the Mortgage
and Taxes; References and Full Information abouf
Our Method of Loaning.
get the usual
.
i«;GVsf*
Si s B: |
a
£
o
g: : : ! g
g: : i::• ®
®
8 % LOANS.
SEND
&
•
SUovtQagcs.
Farm
IIODGES
•
I I I j j I
t!
to
freer demand for some
the market, as a whole,
I?
."lag.
g
p
fl
310.010
280,000 1,470,000 1,418,000
Foreign Dry Goods.—There was a
[VOL, XLV.
circulars, formsand
Send to HODGES A KNOX,
for Free Pamphlet containing
George Eustis 8c Co.,
BANKERS,
CINCINNATI,
OHIO*
@FedFRASER