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jironim
HUNT'S MEllCHANTS' MAGAZINE.
REPRKSEXTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
VOL.
SATCTRDAY, JULY
61.
NO.
26, 1890.
1,309.
It will be observed that there is a small gain in the w hole
country over the total for the previous week nineteen millions
of dollars New York practically supplying all of it.
Terms of Snbscription—Payable in Adrance:
Instituting comparison with the corresponding week of last
$10 20
For Oiip Tear (iiicludlnK postage)
year we find that there is an increase of 37 per cent, the aggredo.
6 10
For Six M(intb»
gate outside of New York exhibiting a gain of 14'7 per cent.
11 50
Eurniioiiii Subscription (iiivlnilini;; postage)
Eiiroiiean Siiliscription Six Months (incluilinK postage).
6 75
Most prominent in percentages of increase this week are
£2 8s.
Annual Suhscription iu London (including postage)
do.
do.
£198.
Six Mos.
do.
Buffalo, 107-5 per cent; Sioux City, 889; Tacoma, 795; DenThese prices include the Investors' Supplement, of 150 pages, ver, 63'7; Duluth, 511; Milwaukee, 49-2; Fort Worth, 45-3
Issued once Iu two months, and furnished without extra charge to
subscribers of the Chronk'LE.
Cleveland, 44'9, and Galveston, 42'7 per cent.
A Hie cover is furnished at 50 cents; postage on .the same is 18
cents. Volumes bound for subscribers at $1 00.
Week Ending July 19.
Wetk End'Q July Vt.
Subscriptions will be continued nutll deHnltely ordered stopped. The
—
—
-
publishers cauuot be responsible for remittances unless
or Post oaice money orders.
made by
drafts
P. 0«nt.
Terms of Advertising.
New York
Loudon Aeents:
Messrs. liDWARDS & Smith, 1 Drapers' Gardens, E. C, will talre sub
acriptlons and advertisements and supply single copies of the paper at
Is. each.
94.523.768
6.301.900
2.&59.944J
1.499.197
1.213,743
-)-28-4
1,1 19,fc53i
-H5-0
l,09ii.8Sil
1,062.469
712,487
613.433
696.408
425.702
112,871,056
108,100,974
-K-1
112.538,082
-3-0
80,15«.135
16,606.161
14,640,»8S
70.870.677
13.476.080
13.420.479
8,«9».l38
-I-131
—7-3
-(-23-2
e7,«20,024
16,721.873
-i-0-1
15.')I4.260
-(-Sl-2
-t-lS-7
-i-107-5
8.387.926
1.195.731
726.361
-H36-3
-I-38-8
1,>^8»,297
-1-47-8
+2»-5
-1-28-
969,820
899,239
+37-1
791.526
i22.e60,eeo
101.179,001
+17-7
112.288,449
-(-6-8
76.874,(129
bblt.)
(179.600)
(18,355.100/
(4,216,000)
1,432,818
1.657,U7»
lJ887,e48
balei.)
btulula.)
81,984,299
10.386.260
3.917.507
4.h50.850
4,163.128
2,lf2.600
1.9U9.92U
1.344.509
893.304
-t-84-0
-f-11-8
-(-4e'2
-f31-6
-t-9-8
81.563,189
12.948.450
6,767.927
6,251,661
5,681.162
2.9u7.200
2.209.406
1.725,094
-l-a7-8
846,6ti8
Worcester
Portland
Lowell
New Bedford.
gpringtleld....
Total
New
England.
Philadelphia
Pittsburg
Baltimore
On
page 110 will be found the detailed returns, by State.?, of Buffalo
all the National banks, under the Comptroller's call of May 17, Washington
Syracuse
1890, kindly furnished us by the Comptroller of the Currency. Wilmington, Del..
Rochester*
Previous returns were published those for Feb. 28, 1890, in
Total Middle.,
the Cheonicle of April 19, 1890, page 548; those for Dec. 11,
Chicago
1889, in the issue of March 1, 1890, on page 308.
Cincinnati
7,875,:<75
1,659,0»3
«04,817
1.018,611
1.50»,4eB
—
11,681.680
5.865.ni6
6,788.311
6.033,675
3,049.100
2.111.141
1,476,446
Milwaukee....
Detroit
CLEARING HOUSE RETURNS.
Cleveland
Columbus
The following table, made up by telegraph, etc., indicates
thafthe total bank clearings of all the clearing houses of the
United States for the week ending to-day, July 36, have been
$995,005,351, against |1,103,311,.'>24 last week and $933,"
376,002 the corresponding week last year.
,
Indianapolis...
Peoria
Grand Kaplds.
886.817
R€twm»
Total Middle Western
by TttegrapK
Boston
PMUdelphta
Baltimore
Chicago
Bt. Lonlg
New Orleans
Allomes, Iday
Total
-2-2
54,361,.')99
4-2'0
9,918,200
47,882,000
14,602,182
4,103,423
-H7-1
17,774,788
5,480,428
6 dayi..
all cities for
week..
Per CtTU.
1889.
$474,872,804
78,408,673
6'i.5S4,000
Seven cities, 5 days
Other oltie*, S days
all cities,
iseo.
t4e4,083,S0a
71,723.258
69,051,148
11,618.098
-2
2
-I-30-9
+22-6
+33-8
+1-6
-f241
$082,288,580
99,800,204
«816,111,-24
179,493,627
$782,088,784
151,287,218
+4-3
-H8-6
$933,»76,002
-(-6-7
$995,809,351
Tlie full details of clearings for the
j
•
I
week covered by the
above statement will be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and lience in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Below
are our usual detailed figures for the previous week, that is
covering tlie returns for the period ending with Saturday
noon Jtily 19, with the comparative totals in 1889.
44-1
—0-7
-I-1-2
-4-5
-I-2-8
-)-2-4
+20"~
(-i-B»-61
(-49-8)
-5-0
97.018,541
5.673.900
8,048.786
1,670,570
1,318,570
1,331,134
1.210.333
830.823
-fa5-5
-1-151
-i-70
635.426
-i-14-5
-1-8-5
+12-9
-t-9-9
-1-5-7
-l-lS-7
1,699,483
24-5
-(•440
-I-
+39-7
-HO-6
-I-10-8
63-6
47-5
J53-1
(-23-1
+81-5
-fi8-a
-(18-7
1,621,988
+31-8
81,202,274
17,t87,l01
1,687,251
617,493
-8-8
435,450
-f79-5
21.127,009
20,287,298
-H-4
18.238,031
-i^-a
10,085,478
4.787. i5«
4.636.036
4.760.024
5.176,K63
2.048.161
1,633,090
<8?,068
866,7T8
-1-21-6
-8-7
+88-5
+83-8
-I-51-1
9,332.301
6.891,4f3
4,830.311
9.404,470
6,168,416
1,608,882
-i-27-1
1,7.18,474
662.660
474,139
341,466
6.894.418
6,688,643
4,409,210
3,868,247
3,161,Ste
1,366.282
1.206.019
842,108
458,404
689.430
460,024
370,776
86,045,899
Ulohmond
21.648,881
6,688,263
8,410,980
1,663,»85
2.866,262
Galveston
8^,011
Dallas
842,422
014,466
729,748
475,897
872,830
748,712
Portland
Los Angeles
Lake
City*..
Total Paolflo.,
Kansas City...
Minneapolis...
Paul
St.
Omaha
Denver
Duluth
St.
Joseph....
Wichita
SlooxCity
Des .Moines...
$392,239,227
123,876,497
(-87-0)
18.019,774
l,73a,351
563.614
781,870
],l»5,3»i
1,476.169
Seattle*
28.
(-t-70-6,
113,657,286
San Francisco....
Salt
New York
Total
Eniino July
(-40-5)
(+66-8)
1,663,443
Toledo"
Tacoma
TTe^lt
Clearixos.
(-88-21
((38-4)
(1,2.55.883)
New Haven...
Post Office box 958
-10-0
(707,308)
(811,100)
(30,159,9501
(1,260,000)
(B83.887/
(2U9.500)
(3I,a»7.«^6)
(518,000)
2,58ti,8i8
ihara.)
681,138,066
e8.4ao,4go
5,264,^00
Advertisements ordered for less than one month. In the Commercial Sales of^
iStockt
at 25 cents per line each inseriOotton
tion. When orders are deflnitely given for one mouth or longer, a lib(Gro(n
eral discount is allowed, and the net prieeu may be obtained ou applicaiPttroUum
tion at the office. The lowest rates ou permanent cards definitely ordered for one year are 8 cents per line each insertion, making $58 for Boston
one inch space one year. Space is measured In agate type— 14 lines to l*rovldence....
liartford
the inch.
lTII.LIAni B. DANA & Co., Pnbllsbera,
102 Wllliain Street, NE\r YORK.
P. Cent.
632.917,418
660.872,573
A FtNASciAL Chronicle, are published
wtlliah b. daiia<
john g. floyd.
1890.
Lincoln
Topeka
Total Other Western.
Bt.
Louis
New
Orleans,.
Looisvllle
Memphis...*..
Fort Worth..,
Norfolk
Lexington.,.,.
Chattiinnoga.,
Birniintrham..
Nashville*....
Ontslds
New
fork.
Not Inolnded la
-f,J-9
-(-22-9
+93-7
-6-9
•f889
—3-9
46,076,743
15'.!.43K.«5li
totals.
18.786,572
8,433.806
578,149
873,310
1,106.613
1,012.883
H-B-l
-12H5
+138-0
-f6-6
-i^O
-+4S-7
-f»8D
19U
—
—rs
869.980
967,450
623.434
686.441
434,101
30,802,066
-(-170
38,365,142
+17-6
17,761,!
+iV9
22,401,880
7,181,884
9,077,722
1,854,078
8.528.3S7
841,859
1,319,859
1,019,268
842,300
477,787
1,004,000
727,488
1,999,134
+12-8
-1-3-1
6,084,378
-(-11-0
6,984348
-t-Sa-8
1,709,958
2,424,098
-1-18-2
679,948
783,674
S79,3lt
5»:,323
430,570
501,460
577,178
88,784,478
1^103.811.524 1.074,684 .157
all.
—16-8
—9-1
4-42-"
^t
-t-io-6
•fS4-l
-t-a»-6
2X70,597
Total Southern...
Total
120,917,769
4-9-1
3«3.M0.()9i
-t-18-9
49,253,318
+iori
+8-8
+26-8
-8-1
-J-U-8
+83-8
-f«-8
-f2-S
-1-438
—8-7
+93-3
-(-39-9
-)-16-8
+139-0
+83-4
+16-5
>\
,,064^81.150
-8-1
451.618.732
+11-4
-H4-9
THE CHRONICLE.
96
THE FINANCIAL SITUATION.
[Vol. LI
companies and the large insurance companies, but the
banks are out of the market as a rule. Eates on
prime to good mixed security are 4i@5 per cent
months and 5@5i for five to six
change has occurred in the money market for three to four
of money months. On ordinary mixed collateral the rates are about
during the week. The interior movement
on i of 1 per cent higher. Preference is given by lenders to
continues quite strongly in favor of this centre, but
further exports of gold the best security even at the lower rate. For commercial
the other hand there have been
fair out-of-town demand but the inand the daily operations of the Treasury have also paper there is a
Borrowers, however, quiry from the city banks is light. The supply is
of the market.
taken money out
are adequate, but not abundant, and rates are 5 per cent
find no difficulty in securing funds, while lenders
endorsed bills receivable, 5@5i for
apparently willing to make engagements freely at the for 60 to 90 day
ease four months' acceptances, and 5i@6^ for good single
Confidence in continued
quotations.
Very
little
prevailing
from four to six months to run.
has been strengthened this week by the change in the names having
On
At the European money centres rates rule a little
purchases.
Treasury policy with regard to bond
cases, though the changes
Saturday last the Department issued a circular announc- lower than last week in some
The cable reports disof the daily purchases of bonds, on the whole are not material.
ing the discontinuance
practice which had existed for over two counts in London of 60 to 90-day bank bills at 4 per
under the
and inviting instead proposals (to meet in part cent, with the Bank of England minimum unchanged
The open market rate at Paris ia
the requirements of the sinking fund for the current also at 4 per cent.
at Berlin and Frankfort 3^ per
fiscal year) for the sale of bonds to the Government, 3f per cent, and
24. cent.
news from London indicates a continued
The
said proposals to be considered Thursday, July
This of course was a very important departure. It in- unsettled feeling there in consequence of the financial
dicated not only a desire to put out some of the surplus troubles at Buenos Ayres, and this has tended to keep up
held in the Treasury vaults, but showed that in order the rates for money and to depress prices on the London
to effect that object the Secretary was now pre- Exchange. The Bank of England, however, seems at last
pared to pay higher prices for the bonds than to have succeeded in adding to its greatly depleted stock
he had recently been paying. Under the old plan the of gold. The weekly statement shows an increase of
Treasury fixed the price, and the bondholder, if he £335,000. "We have received our usual cable dispatch,
wanted to sell, had to sell at that price. Now the giving the particulars of the movements in and out of
seller names the price, and the Secretary decides wheth- the Bank, from which it appears that the exports of
er the Government shall buy at the figure asked. gold for the week amounted to only £45,000, this
Moreover, under the old method the Department had going to Brazil, while on the other hand the Bank
been gradually lowering the price, and latterly had gained £460,000 through purchases in the open market
been able to obtain very few bonds at the rates fixed by and imports from Portugal. The movement to the
it.
A change therefore was imperative in any event. interior of Great Britain took £80,000 out of the
Of course, as the effect of the change quotations of Bank, the net result being the gain of £335,000 above
Government bonds on the Stock Exchange immedi- mentioned.
But the plan was successful in bringately advanced.
Our foreign exchange maket has been dull and firm
ing out quite a considerable amount of bonds, which this week, but otherwise without feature. There is a
fact is to be accepted as evidence that if the views of scarcity of bills and the arbitrage operations have been
holders are met a supply of bonds is still to be found. so
light
as
not to affect the market either
The Secretary had been paying 121 for the 4 per cents way. On Tuesday Messrs. Kidder, Peabody &
and 103 for the 4^ per cents. He accepted all offers Co. advanced their rates to $4 85^ for long and
up to 124 for the former and up to 103f for the latter, $4 89^ for short, which was the only change on that
and in this way was able to obtain altogether over day. On Thursday Brown Bros. & Co. followed to the
$6,800,000 par value of bonds. The bonds taken same figures, and these are the rates now posted by all
were mostly 4 per cents, on which the premium is drawers. Prices for actual business in sterling ai'e up
high, and hence if we include this latter the to the gold-shipping point for sight. On account of the
result of the purchase will
be to put over 8it interruption of telegraphic communication caused by the
million dollars of cash into the channels of commerce. Western Union fire last Friday, 1320,000 of gold which
The purchase was made so late in the week, however, it was intended to ship on Saturday did not go out. On
that it is not likely to count to any extent in this Wednesday of this week, however, $634,927 was "taken
week's statement of bank averages. Under the pur- for Loudon, though as the rates then were slightly
chase, of course borrowers feel more certain than below the gold point the shipment was not strictly an
before that they will be able to obtain all the funds exchange operation.
they need, and hence are giving themselves little
Crop reports early in the week were someanxiety with regard to the future. At the same time what unfavorable for corn, which was in need
it is to be remembered that the demand is by no means
of /ain in many sections, but more particularly in
urgent, especially for Stock Exchange purposes, where Kansas.
Since then there have been general showers
speculation now is at a low ebb and the requirements
all through the corn region and consequently prospects
very small.
are again good, though of course some harm was done
As represented by bankers' balances money on call by the drought.
The harvest of winter wheat
has loaned this week at 6 and at 2^- per cent as the is
about ended and the quality is generally reported as
extremes, the average being probably somewhat less
excellent.
There has been a movement of new grain
than
per cent which is the figure at which renewals
to Kentucky and Tennessee, indicating a good milling
have been made. Some of the truit companies have
demand in those States; the shipments to the distributlowered their Tate this week to the same figure, though
ing centres have been moderate, the wheat probably
others have still been getting 5 per cent.
Of time being promptly taken by local millers. The outlook
money there are liberal offerings by both the trust for spring
wheat is very good indeed.
years,
.
^
JOLY
THE CHKONICLR
26, 1880.]
In the
railroiid situation
It is at such
managers seek to put their properties in good order.
Perhaps previously they were
obliged to pursue a very economical policy, businesg,
and earnings having been small. In such cases there
would be all the more reason for seeking to make full
Of course, where it is determined not
repairs now.
merely to make repairs and renewals, but improvements and additions to the property, charging earningsinstead of capital account with the outlay where a,
management is pursuing such a policy, there is no
limit to the expansion in expenses which may be
incurred.
It is also to be considered whether there
has not been an increase in the cost of certain items
entering into railroad accounts labor for instance. In
special instances there have been still other contributing causes such as storms and floods, or kindred local
and temporary influences.
Whether one or all of these factors apply in the case
of any particular road it is not always easy to say.
Nevertheless, the fact that there is a large and general
increase in the expense account of the roads is an
important one, and one which if continued must modify
low rates yields heavy aggregate earnings.
the most conspicuous fea-
ture is tlie great increase in expenses so generally shown
in the reports for current periods now coming to hand.
There
is
evidently a variety of influences at
swell the expense account of the roads.
We
work
have
a time that railroad
to
fre-
quently indicated the character and nature of these
influences; but as the subject is so constantly being
brought up now it will not bo out of place to refer to
First and foremost of course great prominence must be given to the low rates prevailing. To
earnings
gross
amount of
given
produce
a
rates
to
low
these
under
necessary
it
is
than formerly,
trailio
larger
do a very much
and that circumstance of course tends to raise the ratio
In the West rates have been
of expenses to earnings.
it again.
especially demoralized,
and hence
it is
—
—
in that section
—
that the influence in question counts for most.
To be sure the augmentation in expenses is not con-
In
fined to the roads in that part of the country.
other sections the same feature is observable. But in
reality rates are low nearly everywhere, and the margin
of
profit to the roads is small
and
97
steadily declining.
Western roads fare worse only in degree than the
others.
When a reduction in rates occurs through disagreement between the roads we are sure to hear of it.
But there are many joint and voluntary reducis
no
mention
made
very
which
tions
of
frequently
are
minor
points
and
these
at
but the
effect,
all
the
on minor articles,
same, is to reduce the average. It ia a question of
course how much further this process can or shall
go without inj ary to all interests concerned. In the
territory west of Chicago it has in many instances gone
too far already, and the trouble being in part the result
of differences and disagreements between the roads,
efforts have for some time been made to bring about an
improvement in the situation. These efforts have not
been altogether successful, and yet, as we pointed out
last week, considerable progress has been made towards
conclusions as to the value of railroad properties.
The
Pennsylvania Railroad has issued its return for the month
of June, and the results have been looked forward to witU
In June last year the company
considerable interest.
;
lost
on
its lines east of
of the great floods
Pittsburg and Erie, on account
which
at that
time crippled the con-
and $804,662 in net.
more than recovBut in
ered, as the gain now reported is $1,240,984.
the case of the net there is an increase of less than
cern, $1,149,382 in gross earnings
The
loss
in gross earnings has been
$300,000, as against a loss of over $800,000 in June,
1889, expenses in the current year having been increased
over
has
$950,000.
enlarged
For the
gross
and net only $565,779.
half-year
earnings
The
the
company
about
$4,000,000
policy of the manage-
ment, however, to make very liberal outlays is well
establishing a better state of things.
The passenger known, so if the Pennsylvania stood alone it would
rate war has been settled, and there is already a definite hardly be a fair illustration.
But in our article last
agreement to advance west-bound rates between week on net earnings for the month of May we pointed
Chicago and St. Paul and Missouri Eiver points. out quite a number of other roads which were distinOther questions in dispute are also in process of adjust- guished in much the same way the Union Pacific, the
ment would in fact have been settled ere this except St. Paul, the Illinois Central, the Chesapeake & Ohio,
for the difficulty in reaching an agreement without the Norfolk & Western, and while the first three of these
at the same time making a division of traffic.
This have undoubtedly been affected by the rate demoralizahas for a great while been the stumbling block in the tion which prevailed in .the West, the others have not.
way, and so long as railroad managers have not the This week we have had some further illustrations of a
power to make such a division of traffic, it will require like kind. Thus the Baltimore & Ohio, in its report
great skill to keep affairs in satisfactory shape.
The for June, while showing $107,401 gain in gross, shows
case is evidently one where Congressional relief should $95,564 loss in net, owing to an increase of over $200,000
no longer be withheld. We showed a few weeks since in expenses. Then there is the East Tennessee return
that under proper restrictions,
such as are con- for May, which records a gain of $146,427 in gross
—
—
tained
in
the
before the Seriate, the right to but only $2,253 in net.
It is perhaps proper to add
granted to the roads could do no that both the East Tennessee and the Baltimore & Ohio
possible harm, while promising much good.
did well in the months preceding, and have very heavy
But there are also other factors in the increase in the gains for their fiscal years to date. The Chicago &
expense account of the roads in addition to the low Atlantic is another road which might also be mentioned.
rates.
Aside from the augmentation in expenses which With a gain of $57,228 in gross for May, net has been
apportion
bill
traffic if
comes from the expansion in the volume of traffic,
many companies are pursuing a very liberal policy in
the making of ordinary renewals and repairs, while still
others are spending very heavy amounts for what may
be distinctly termed improvements and betterments.
Hence, while not ignoring the effects of the low rates, it
increased only $4,387.
From the June statements
of the Pennsylvania
and
& Ohio one other fact is
namely that wo have reached a period of more moderThe same
ate gains in gross earnings than heretofore.
feature w'as noted in our review for the month of June,
is just as important that the latter
element also should published two weeks ago, where it appeared that the
be regarded.
The present is a period of prosperity
ratio of increase was the smallest for about a year, with
that is, there is a large volume of traffic which even at
such roads as the New York Central, the Wabash, the
the Baltimore
'
also apparent,
THE CHRONICLE.
98
Bullion holdings of European banks.
Rock Island and the Grand Trunk of Canada reporting
The increase on the Baltimore & Ohio now
losses.
amounts to less than 6 per cent. The Pennsylvania,
as we have seen, more than recovered its exceptional
Yet if we compare with the total of
loss of last year.
July
OoU.
England.,..
France..
and net earnings
for the
Eastern
£
25, 1889.
£
20,836,097
52.764,000 60,683,000 103,347.000
28,832,667 14,116,333 42,849.000
5.419,000' 16,483.000 21,902,000
Aust.-H»ing'y.
Netberlands...
Nat. Belgium
5,114,000
5,446,000
10.660.000
2,822,000
1,411,000
4,233,000
Slluer.
total.
22.626,046
22,626,945
49,371,000 60,170,000
30,228,000'l6,114.000
99.441,000
45,842,000
6,438,000 16,831,000
6,638.000| 6,672.000
21,287.000
12,110,000
1
2,638,000
1,318,000
3,964,000
Tot. this veek 115,187.78198,039,333 203,227,097 116.735,945 89,005,000 304,740,945
Tot. prev. W'k,lll3.ti22.689 87,877,000 301,699,689 115,030,469'88.805,000 203,835,469
month are reported, the same
Hence we find that these
LARGE EXPENDITURES FOR NEW
lines.
BUILDINGS.
Western lines gained 8747,641 in gross and $306,280 in
net as compared with the same month last year. Adding the results for the Eastern and Western lines
together, we get an increase of $1,988,625 in gross
And this embraces
earnings and of $596,486 in net.
no means the whole of the Pennsylvania system.
by
Such of the Eastern lines as are not directly operated
the Northern Central, the Baltimore & Potomac,
The Western lines make a
are not included.
etc.
much better exhibit in net than the Eastern. For
—
aold.
£
20,836,097]
Gennany...
is less
Total.
Silver.
£
per cent.
ure in reporting the resu Its on the lines west of Pittsburg.
Instead of giving the profit or loss for the month,
over or below the fixed charges, the changes in gross
as for the
July
21, 1890.
Banks of
than $100,000, or not 2
The Pennsylvania has this time made a depart-
two years ago the increase
[70L, LI.
Very few persons have any idea what
of
money
large
amounts
are spent each year in this vicinity in the
erection of
new
buildings, nor
what a heavy increase
there has been in the total within the last few years.
We
on every side of us evidence of the activity
see
—immense business structures being reared,
handsome residences, large
tenements,
&c. — but not many of us
on
prevailing
costly office buildings,
—
flats,
reflect
stores,
money involved
the aggregate amount of
undertakings.
the half-year, with an improvement of $3,900,931 in
the gross, there is a gain of $1,007,777 in the net.
Very
little
thought
is
in all these
given, too, to the
important bearing this work has upon general trade
comparison for six years on the and business; how it affords employment to labor, how
The following is a
Eastern lines the Western we cannot give in this it affects the demand for materials and all the various
articles needed in the construction of new buildings
in
way.
short how its influence extends to every branch and
Links east of
1885.
1890.
1883.
department of mercantile and industrial activity.
pittsdcrq.
—
—
June.
Gross earnings
Operat'K expenses.
6,172,004
3,931,020
6,080,402, 4,911.858
$
4,336,101
4,114,919
3,164,141
3,508,881
3,360,399
2,984,968
2,826,194
Net earnings...
1,057,085
1,661,459
1,361,133
Experience has taught us to watch very closely the
new railroad track laid down, since the
changes in that regard are so intimately associated with
»
3,736,638
909,444
1,571,541
;
records of
from time to time in general business.
amOUUtS iuVOlved iu UOW buildiug prOJCCtS
here in New York and Brooklyn are now attaining
such magnitude as to entitle them to a hardly less
the variations
Jan. 1 to JuTu 30.
31,95b,513 28,004,238 27,858,206' 26,370,724 23,250,164 21,319,593
Gross earnings
^^^
Operat'g eipense8.J22,982,361 19,693,765 19,166,442 17,688,841,15,580,540;l4,799,734,^'^^
;
Net
earnings...! 8,976,252
A few
Among
8,410,473
"i:^,^3 i;^',^3lTi?9".6i;|7.iI?,^
strikingly favorable returns are to be noticed.
must be mentioned the Wisconsin Central. This company has stopped publishing the monthly
returns of net, but we have secured the figures for April
and May. For the former month the net has increased
from $105,382 in 1889 to $178,744 in 1890, and for the
latter from $118,926 to $193,419.
The New York
Susquehanna & Western, a coal road, has increased its
gross for June from $116,180 to $150,654, or. about 30
these
per cent.
The
!
prominent place than new railroad construction.
Of course current investments in buildings, large
though they be, are not on the scale of the investments
in
new
track-laying
when the
latter is especially active,
was for instance a few years ago. But the amount
comes very close to the outlays for new railroad con-
as
it
struction
in
ordinary
years
— that
is,
yearly
addi-
new track of about the extent of those now
being made. Take the calendar year 1889 for example.
In that year 5,000 miles, roughly, of new railroad are
tions of
stock market has continued quiet, with transacsupposed to have been built. This at $20,000 a mile
on a very small scale and few features of imwould represent a cash outlay of 100 million dollars.
portance. Sugar Trust has advaticed on the announceIn the same year plans for new buildings were filed in
ment of the determination to convert the concern into
tions
a corporation. Lackawanna was quite strong early in
the week, but the last few days developed weakness,
New York
estimated to cost $68,792,031,
while in
Brooklyn (or rather Kings County) new buildings were
projected to cost $26,331,590, making $95,123,621
and the same is true of New York & New England.
The large bond purchases Thursday seem to have together. Thus the new buildings projected in New
York and Kings County involved an expenditure
exerted no special favoring influence, as the tone yes
nearly the same as that represented by the cost of the
terday was, if anything, weaker than on previous days.
The following gives the week's movements of money to whole of the new railroad track laid in the United States
during the last year, reckoning the same at $20,000
and from the interior by the New York banks.
per mile. It is well to remember, too, that to get the
iUceftied fcu
WUk Bndino July 25, 1890.
SMtiped by
whole of the building operations a considerable sum
Net Interior
N.Y.Bankn. N.r.Bank».
Movement.
in addition to that here given would have to be made
CnTTADoy..
$2,oeo,ooo $1,017,000 Gain. $1,043,000
and extensions of old buildings.
GoW
400,000
Oaln.
400,000 for alterations
Totol gold and legal tender*. .
$2,490,000
$1,047.000 Gain. $1,443.000
With the Sub-Treasury operations and the gold
exports, the result
Wak
is
amount spent
—that
would
to year—
is, if
Into
Bankg.
Banks Interior MoTement, as above! $2,490,000
Bnb-Treas. oper. and gold exports..! 12.600,000
Out of
Banhs.
Net Chinge in
Bank Holding».
$1,047,000 Gain. $1,443,000
14,400,000 Lose. 1.800,000
Total told and lugal tenden*.... $1 5,090.000 $15,447.000
i.oa».
$357,000
it
in
building
did not fluctuate
operations were
much from
year
by reason of the magnitude
of the item, an element of the utmost importance; but
it would be a more or less constant element, and in that
In point of fact,
sense a factor of smaller moment.
however, the changes in the outlays are very wide
it
:
BniMnfl JuJi/ 25, 1890.
If the
steady
indeed.
still
be,
Periods of depression and expansion succeed
Jii.Y
3(1,
I
1890.
HE CURONKJLE.
each otlior uh iu every other depiirtmeut of business,
hence the present course of the movement possesses
Wo have already stated
very considerable interest.
ttud
09
tures have been built or are in process of erection, such
as the big ofiico buildings
also
now becoming
so
familiar
down-town and
familiar further up-town, say above
now buildings projected Fourteenth Street, besides several buildings of heavy
Kings County during 1889 was cost for club-house, hotel, warehouse or other purposes.
in New York and
195, 1 23, (i-^ I; for 1888 the aggregate for the two cities The same fact is still more strikingly shown when the
was only 109,(503,198, or over 25^ million dollars less. city is divided up into sections, and results compared
Again, for 1887 the aggregate had been $87,033,116; in that way. Such an analysis reveals that it is in the
this latter, though, embraced some fictitious and also district south of Fourteenth Street, and in that between
some speculative projects, making the drop in 1888 Fourteenth and Fifty-ninth Streets, that the increased
The quick recovery, however, in 1889 was cost is chiefly found, those being the sections of the
inevitable.
quite surprising, the total then even going, as we see, city where projects for very large buildings are moat
In the section between Fifty-ninth and
several millions above the exceptionally heavy aggre- numerous.
surprising is the fact One Hundred and Twenty-fifth stree'ts west of Eighth
But still more
gate of 1887.
that after the largo aggregate for 1889 there should Avenue, where some of the houses built on speculation
a year or two ago were left on the builders' hands, the
now be for 1890 still further very decided additions.
Tliat is one of the conspicuous features which the total is still heavy, but not as heavy as a year ago, and
statistics of the Real Estate Record and Guide of this also not as heavy as the aggregate for the section south
city, from whicli the figures in this article are taken, of Fourteenth Street, which latter this- time stands
disclose.
The Record and Guide has just published first in extent of cost. Below is a full comparison by
the results for the first half of 1890, and in the districts for the last three years.
mSTRIBUTIOX OF NEW nCII.DINO PROJECTS.
light of what has been ^aid they are very interthat the estimated cost of the
esting.
appears that the estimated cost of the now
New York for which plans were filed in
It
Fir,t Hal/.Ttar.
buildings in
the six
lars
—
months ending June 30
145,698,511
is
— being 4f million dollars larger than
year and over 20 million dollars larger than in the
The aggregate does not quite
six months of 1888.
last
come up
to that of 1887,
which was 547,315,140.
'
But
was much above the actual
comprised plans for new buildings filed iu
anticipation of changes in the building and tenement
this
latter, as already said,
outlay.
It
house laws,
abandoned.
many of which
No.
buildings were subsequently
In illustration of the effects of that circumstance, we may point to the fact that over 24^ millions of the whole $47,315,140 were reported in March
and April of that year months when the influence in
—
South of 14th Street
Bet. 14th and 5f th ets
279 12,85S,"50;
& 125th. E. of 5th Ave.
Bet. 59ih & liSth. W. of 8th Ave.
Bet. 110th & 120th, 5ib&8tbaves!
North of 12Sth Street
23(1 and 24th Wards
346 6,27'',S65
484 11,OT9,800
87 1,390,000
attained.
more
How
clearly
if
felt.
very heavy
say that
it
up
is
will
perhaps appear
to 1886 the largest figure
ever reached in a,nj/ull year was less than 46 millions,
while now we have for a period of six months almost 46
millions.
The
following shows both the
number and
201
2,293,518
422
4,850,375
2,225,288!
198J
S55' 6.87S.540
520(12,130,050;
$
20s 6,R2e,64S
894 4,726,990
300 6,460,806
215 4,447,485
59
1.81.%55i)
271
461
8,803,955
169
1, 779,856
2,859,557
468
2,127,643
.63'
1,116,860
«025'45,8»8,51i; 2170 41,084,072' l847l2S.6ai,678
Total.
For Kings County the result is slightly different.
There we have not only a smaller number of buildings
(2,714 against 2,925), but also a smaller aggregate cost
against $15,629,736.
It appears too
— $13,563,325,
that the falling off
is
entirely in brick buildings, of
which only 1,197 were projected in the six months of
1890, against 1,507 in 1889, while in the frame buildings there is an increase, the number standing at 1,517,
County
we
300 10,848,045
246' 9,572,890
Bet. SOtli
Making allowance for this circumstance, therefore, it would seem beyond question
against 1,418.
that the aggregate for 1890 is much the heaviest ever
question was chiefly
Cott.
over 45^ million dol-
of
is
The
character of the buildings in Kings
course entirely different from that in
New
York, being chiefly for residence purposes; and
number of frame structures is taken
to indicate that there has been increased building in
the increase in the
the outlying districts.
If now we combine New York with Kings County,
we get an estimated cost for the structures in the two
six months of the last four years.
In order that the
places for the six months of $59,261,836.
This amount
reader may have the figures for the years preceding, we
of money would build nearly 3,000 miles of road at
will state that as against $45,698,511 for 1890, the cost
$20,000 a mile that is to say, work has been laid out
of the new buildings in 1886 was $37,491,888; in 1885,
on new buildings in New York and Kings County to
$26,905,055; in 1884, $29,308,756, and in 1883, $26,cost as much money as it would take to build three
895,619.
thousand miles of railroad track, though it is proper to
NEW UDILDING8 PROJECTED IS NEW YORK CITY.
add that for the first half of the year the amounts are
1890.
lf>68.
IS'??.
always much heavier than for the second half. At $59,-
the cost of the buildings projected in each of
tlie
first
—
No.
No.
January...
8S-)
February
April
Sid 7,llS7,«-B
8B0 6,709.4381
E84 8,743,»80'
May
4^)1
».l»l,8<&l
411
8,020,475
June
38.1
8.4gi.493J
380
7,7tf3.»aT
March
Total
5,473.7
2301 4,040,390
117
5,477.47J
203
311
37S
3R1
882
!!«8j
897| 6,753.975
484; 8,1»8'?,7.0
l8-'2&!4S,«»8,Slll
J^anO 41,084,072
I
(!oH.
168 2,610.190
312 6,36'' ,530
887 13.5as.450
814 H,0,S->,3»5
426
B,9')5,?,50
40:1
261,836 for 1890, the comparison
with $56,713,808 for
Here are the
6,i<2'i,')'i6
figures in detail.
ESTIMATED COST OF
1047^,524,678
is
1889 and with only $38,289,126 for 1888. The total is
larger even than that for 1887, notwithstanding the
exceptional nature of this latter as already pointed out.
292:) 47,315,140
be seen from this that though cost is larger
the number of the projected buildings is somewhat
It will
smaller than in 1889, and decidedly smaller than for
1887 when a considerable part of the projects were
abandoned. It is also smaller than in most other years.
This brings out the fact of which nearly every person
has become cognizant through personal observation,
NEW
BCILDIKOS PKOJECTED.
1890.
1*/ six iitOHth:
New York
City
Kin^s Comity
Total
1889.
$
$
1887.
18S8.
$
$
45,698,511 41,084.072
13,563,325 15,B2»,736
25,524,678
12,764,448
47,315,140
10,845,979
56,713,808
38,289,126
58,161,119
5t<,26l,836
The
reader will of course understand that $59,261,836 has not actually been spent on new buildings in the
six months of 1890.
In point of fact, much of the
money has
yet to be spent, since the projects in
namely that many very large and comprehensive struc- ous instances cover structures which
it
numer-
will take
many
THE CHRONICLE!
100
[Vol. LI-
companies and so we put them together as being
undeniably distinctive. To say what company or companies is "the best" is outside our purpose, but
although these three mammoths have no more security
for any member than other good companies have, their
an especially favoramuch
ble feature, since the outlays for 1890 being
years, the promise is for conheaTier than for the other
(and
tinued activity in the building and allied trades
them the general range of industries) for some
through
talist
time to come.
size
months
to complete.
And
that
is
to
DEVELOPMENT IN LIFE INSURANCE.
and prominence give them a special attractiveness
" heavy men," and the trend and effort of their
operations
is
especially in the direction of the capitalist
Their policies, therefore, have always averaged
Boverting to this subject at the point suggested in larger than in the others.
closing our article of June 7 we present first, as folThe class of policies known as endowments presents
The following gives the ratio of
lows, the average amounts of policies issued in, and interesting features.
class.
outstanding at the end of, each of the years named, in the amount of these policies in all companies operating
•all of the companies doing business within this State in in this State to the total of outstanding policies at the
such years and in the three largest companies combined, end of the years named:
which are the Mutual, Equitable and
/~l8»uetl in tach
Tear.
1803...
1866... ..»
1869...
1873...
1875...
1877...
1879...
1880...
1881...
1882...
1883...
1884...
1885...
1886...
1887...
1888...
1889...
Yearby-^
All Cos.
Three Cos.
f 2,763
:
^Outst'd'g at end of each T'rin
Thrte Cos.
All Cos.
$8,554
3,573
3,177
3,539
3,170
3,133
3,253
2,959
2,658
2,339
2,250
2,189
2,490
2,600
2,751
2,803
2,793
2,512
2,421
2,304
3,042
3,092
3,153
New York
$2,774
2,832
2,797
2,553
2,481
2,458
2,419
2,425
2,455
2,461
2,499
2,489
2,483
2,619
2,390
2,423
2,759
3,488
3.487
3,648
3,761
3,700
3,700
3,691
3,677
3,637
3,700
$3,270
.3,278
3,366
3,380
3,290
3,171
3,107
3,112
3,130
3,162
3,198
3,220
3,254
3,309
3,308
3,324
3,364
Year.
Satio.
Year.
Ratio.
1873
1875
1877
1879
1881
17-6
16-0
14-7
1885
1886
1887
1888
1889
21-4
22-8
23-2
23-4
141
13-5
The
" ordinary
plain or
life
23 4
" policy
is
one which
is
not payable until the death of the insured; the pre-
miums, however, may be made
5 years,
the
to cease in 20, 15, 10 or
"10 payment" being
a
common
form.
Of course these limited-payment policies bear a higher
premium. The endowment policy is payable at the
end of a specified term, 20 years being rather the most
common, or of course at death if that occurs earlier;
premiums may be payable during the entire term the
policy has to run or (as in the other case) be payable for
only a shorter term of years. A 10-payment 25-year
It is Impossible with these, as with all other statistics endowment, for instance, would call for ten annual
of results, to analyze and separate with very great payments only, then in fifteen years more the insured
minuteness so as to account for every fluctuation in would receive the amount of the policy himself, his
movements generally uniform in one direction. Of heirs to receive it instead if he died. A 10-year (still
course we must take care not to read in the figures evid- more a 5-year) endowment necessarily costs more than
ence of too many causes, yet these figures have a sug- $100 a year, since the $1,000 must be paid in ten years
gestiveness.
A rise in the average amount of policies and may be called for earlier; hence such policies are
issued indicates in general an increasing belief in life rarely taken.
A 10-payment endowment, however, is
insurance, an increasing prosperity of the country and not thus costly.
But all endowments, to the degree
an increasing use of life insurance by rich men. that they are payable sooner than the natural end of
Doubtless this last is very influential in raising the
average amount, and yet its effect is qualified by the
fact that the heavy amounts carried by single indi-
life,
the increase of average
amount
viduals are divided into from two to perhaps twentyfive policies.
The rise in the average issue during the
the growing regard for
life
are costlier for that reason; the increased percent-
age of the costlier class of policies therefore goes with
of policy to indicate
insurance, and especially
among the wealthier.
decade has algo been aided by the fact that the
The percentage of endowments, however, has not
assessment societies (with which the favorite amount of for the last four years been rising in the three largest
nominal insurance is $2,000) have been drawing away companies, and it is about 4 per cent less than in all
many persons who might otherwise have taken regular the companies taken together. Bearing in mind the
last
policies for small amounts.
We
find that the average
issued per policy declined during the paper
prosperity following the war, that it further declined
distinctive character of these companies, as already
pointed out, this is not what would be expected at first
thought, and the three companies also differ, the Equit-
after the break in 1873, then commenced to rise again
in 1879, and has been rising since.
The movement of
able having
amount
outstanding at the end of 1889 12'6 per
endowment and 86-9 per cent life, the Mutual
the
average
policy outstanding is rather more having 17*4 per cent endowment and 82 "5 per cent life,
complex because it is the result of all the and the New York having 29-1 per cent endowment
influences which govern the abandonment of
"Why this difference exists we
policies and 70 "5 per cent life.
willingly or unwillingly as well as of those
which gov- cannot explain perhaps nobody can satisfactorily. But
ern the taking of policies.
lu a time of commercial
trouble men lop off here and there, of course
not always
making the best selections; whether in such a time the
holder of large policies, presumptively
the man of
large calibre pecuniarily, is more likely,
or less, to let
go than the humbler man, is a question which
cent
—
why
these companies have a smaller share of
endowments than the others may possibly lie in a marked
change in the character of life insurance policies, which
has been going on for about a decade. This change
the reason
forms an additional reason for the great development of
might be life insurance, as shown in previous articles, and the condebated at length. However, the figures
above show nection is most intimate between that development and
(as far as this has value for
an indication) that the all industrial and economic progress. To see the roads
decline from 1873 to 1879 was
greater in the three of a country shows at a glance how far that country is
companies together than in the entire list.
For this advanced in civilization and material development, and
purpose we may call these three the rich
man's or capi- insurance and transportation may be taken together as
JutY
86,
THE CHRONICLK
18W.J
Insurance is a
accurate indices of national condition.
subject so interesting and suggestive that it is a pity the
study of
it is
so
much
change just referred
to
left to specialists in it, and this
we must consider at another time.
POSITION OF MASSACHUSETTS
We now
have the manufacturing
When ve come
we
of the goods
examine the separate industries
between 1888 and 1889 in the value
to
find a decrease
made
in clothing there
in quite a
number
of cases.
Thus
a decrease of $872,883, in leather a
falling off of $730,990, in food preparations a falling
off of
INDUSTRIES.
101
is
$2,575,968, in rubber and elastic goods .$525,and knit goods $464,478, in straw and
759, in hosiery
statistics of
Massa-
chusetts for the late calendar year, and they furnish
palm
leaf goods $406,194, &c., there being altogether
22 industries which record a decrease.
On
the other
some interesting and valuable information bearing hand there are twenty-four other industries which have
upon the industrial position of the Commonwealth. gains some of them very decided gains. In boots
As was pointed out in tliese columns early in 1890, and shoes there is an increase of $2,123,020, in cotton
JIasaachusetts has undertaken to collect statistics of its goods $3,341,480, in cordage and twine $1,862,987, in
manufactures 'annually, the data called for being lim- machines and machinery $1,902,273, in metals and
ited to certain special jjoints, and the work being metallic goods $2,288,987, in paper and paper goods
Hence the total
entrusted to the caro of the Bureau of Statistics of $912,692, and so on through the list.
of the State has been maintained and
Labor. The reports for 1886, 1887 and 1888 were product
delayed for special reasons, but the report for 1889, now enlarged, not through a general increase, but through
received, has been issued with commendable promptness, gains in particular cases, covering, however, a great
and of course is all the more useful on that account. variety of different industries.
These figures embrace only two years, and it may be
The statistics are presented, too, in an intelligent and
rational mannar.
that there were special causes to affect the comparison
—
Perhaps greater interest attaches to the industrial
changes in Massachusetts than to those of most other
States.
Not only is manufacturing enterprise there
prosecuted on a very extensive scale, the Commonwealth being one of the largest manufacturing States in
the Union, but there is considerable curiosity to see
how
the
ress
in this period.
A comparison covering a longer period
more value. A table is pre-
of time will therefore have
sented to show the results for 1,075 identical establish-
ments for the last three years. These are arranged in
44 different industries, and it is found that 19 of these
industries record a smaller product for 1889 than for
and development which
Commonwealth
being affected by the prog- 1887. Some of these latter are the same as those
is going on in manufacturalready noted, which of course gives increased importing in other parts of the country. It is known that in ance to the falling off. Thus the leather product in
certain branches of industry the products of Massachu- 1887 stood at $11,691,014; in 1889 at only $9,903,717.
setts manufactures have come in competition with the Hosiery and knit goods have dropped from $3,535,851 to
is
many
products of other sections, which sections in
advantages by reason either of
greater nearness to the points of consumption and
demand, or cheaper sources of supply, or a lower cost
of production, or some other favoring element.
In
cases possess
special
considering the probable effects of the
it is
12,738,013, straw and palm-leaf goods from $2,558,957
to $2,253,642; print works,
from $16,288,884
dye works and bleacheriea
wooden goods from
to $14,455,476;
$1,538,870 to $1,319,733 and
mixed
textiles
from
$2,288,751 to $1,782,280, the rest being mostly minor
The product for all the industries represented
by the whole 1,075 establishments is stated at $299,con- 582,023 for 1887, $310,185,494 for 1888 and $317,874,us of 951 for 1889, the increase in 1889 having been 2*48 per
cent and in 1888 3*54 per cent.
But there is another table comparing 1889 and 1885,
is no
show the latter the year of the last State census. This
new competition,
losses.
not difiBcult to find arguments to sustain either
side of
all facts are more
and the report before
the question, but after
clusive than anything else,
course deals exclusively with facts.
Taking the various industries
as a whole, there
evidence, so far as the present statistics go, to
that the position of the
Commonwealth is being underis
subject to some modifi-
cation as respects some of the separate industries.
course the figures
covers 2,780 identical establishments, divided into 77
The year 1885 was rather a poor
and the very next year (1886) a very decided
do not cover the entire manufactur- recovery took place, as is evidenced by the heavy ratio
mined, though this statement
Of
different industries.
one,
ing industry of the State. It is not the purpose to of gain in that year. The' effect is to give a more
have an annual census. But it is intended that the favorable comparison than we \fould have if in 1885
figures shall embrace all the large and representative the conditions had been more nearly normal.
The
establishments, and which turn out the bulk of the figures are interesting nevertheless, and a decrease
goods made. Moreover, in instituting comparisons especially is more significant than it would be under
only the results on identical establishments for the ordinary circumstances. The product of the whole
years compared are taken.
For 1888 and 1889 the
Bureau has the returns for 1,364 such identical establishments, and the value of the goods produced by
these establishments in 1889 was 84:03,696,958, as
against *39i,042,966 in 1888, giving an increase of
$9,653,992, or 2-45 per cent.
This ratio of gain is not
much below the normal percentage of addition. The
capital invested stood slightly less in 1889 than in 1888
($298,805,163, against $303,168,753), but the decrease
may have no
special significance, as the figures in ques-
tion cover capital in all forms
terials, for instance, so
that
—capital invested
if
for
in maany reason a smaller
amount of such materials was held the aggregate
would show a falling off.
capital
2,780 establishments is valued at $400,762,640 in 1885
and $499,146,246 in 1889, being an increase in the four
years of no less than $98,383,606, or 24-55 per cent.
While there is, however, this large increase in the
aggregate, there are 18 industries (out of 77) which
show lower totals for 1889 than for 1885. Some of
these are of minor importance and likewise record only
trifling losses.
But we note among them leather, where
the value of the goods produced is only $16,693,353 in
1889, against $17,165,518 in 1885; cotton, woolen and
other textiles, which have dropped from $3,384,981 in
1885 to $2,970,890 in 1889; button and dress trimmings, which have dropped from $770,687 to $639,992;
oils and illuminating fluids from $1,468,856 to $1,246,>
THE CHRONICLE.
102
[Vol. LI.
goods from $3,944,807 to but heavier than for preceding months of 1890, being $410,175,
of which $33,448 gold and $376,737 silver. Mexico and Central
13,850,263, and stone from $3,327,788 to $2,954,345.
America sent almost all the silver. Of gold there was exSuch are the chief instances where there has been ported during the month $136,031 coin and §140 bullion, §100,But while these 000 going to Honolulu, $3,000 to Mexico and the remainder
retrogression during the four years.
not without significance, they are really of ($33,161) to China. The silver exports were §894.676, all Mexlosses are
small consequence alongside the very heavy gains re- ican dollars, the entire amount going to China. The exhibit
months is as follows:
corded in other industries. We cannot enumerate all for June and the twelve
IMPORTS OF GOLD AND SILVER AT SAN FKANCISCO.
the cases where there is expansion, but taking only
those instances where the increase is very large in
MOKTHS.
1889-90.
Coin.
Bullion
Total.
BiMlon,
Total.
Coin.
amount, we find that for cotton goods the value of the
boots
product stands 822,607,556 greater than in 1885;
$
183,612 244,383
53,858^ 60,771
10,741 48,117
and shoes, $9,253,310 greater; for machines and ma- July
22,986 218,274 241,260
69, 837
August
5,274 61,563
chinery, $9,861,383 greater; for metals and metallic September
95,2311 202,456 297,687
;,115,442 180,499 2, ,295,941
106,732 129,020 235,752 112,790: 159,561 272,351
goods, $6,521,393 greater; even woolen goods show as October
819; straw and
palm
leaf
.
!
j
.
much
November.
.
$4,209,620 increase, and clothing $4,713,591 December...
increase, while the gain in worsted goods is $3,797,715. January
February
For rubber and elastic goods the total is enlarged
as
. .
.
Mareb
$6,063,450; for print works, dye works and bleacheries
$5,092,854;
for cordage
food preparations,
and twine,
$3,280,843;
April
May
$4,636,039; for
June
electrical
apparatus,
$3,585,000; carpetings, $1,279,593; hosiery and knit
goods, 81,519,009; paper and paper goods, $3,381,158;
musical instruments, $1,033,139; railroad construction
and equipment, $1,991,654, and silk and silk goods,
$1,401,044.
The conclusion from these figures is that
in manufacturing as a whole Massachusetts is making
steady progress; in the great majority of industries she
Coiv.
August
September.
. .
"before us,
and that
of labor
report
Siil'n
Total,
Coin,
Bullioti,
Total.
410
20,806
115,433 1,356
68,690
460j
342,162] 3,640
216,944 1,636
83,734 2,824
179,915
410
72,328
68,040
70,130
135,165 1,018
140
136,021
21,216
800,858
116,789 1,072,692
69,150
532,370
893,117
345,802
218,580 1,435,890
690,432
85,558
561,625
179,915
203,468
72,738
534,565
68,040
657,717
70,130j
136,183
992,329
136,161
694,676
500,160
1,301,018
910,892} 1,983,584
420,300;
952,670
1,619,817
726,700J
644,000 2,079,890
732,300 1,422,732
194,500
756,125
59,800
203,468
534,565
717,517
992,329
604,676
last
—
number
in
each
separate
industry
176,097 and the largest number 221,449.
these two sets of figures,
would seem as
— was
Comparing
no
less than
45,352 persons were part of the year out of employment. But that is manifestly erroneous.
A slack
season in one trade
in another, the
it
may correspond with
if
a busy
season
latter thus
furnishing occupation for
those thrown out of employment in the former.
That
in
260,303
240,073
227,306
232,272
172,561
208,885
495,460
376,727
Tot.l2mo8, 1,508,368 11894 1,520,262 9,069,739 4,188,652 13,258,391
two years, we find that not only was the
average number of persons employed in 1889 greater
than in 1888— standing at 200,685, against 198,914—
but average wages per year have also increased, being for
1889 $419, against $413 for 1888. The smallest number of persons employed taking the aggregates of the
is
Marcb
but we have room for only one further point, April
May
remuneration and employment June
always an element of vital concern. Com-
paring the
smallest
-
relates to the
—
237,263
203,196
205,986
213,823
153,701
186,177
220,338
262,855
$
July
February,.-
additional information in the
36,877
21,320
18,449
18,860
33,521
22,708
50,186 275,122
33,448 113,872
MONTHS.
1889-90.
..
much
23,0391
632,705
75,117
122,190
98,045
EXPORTS OF GOLD AND SILVER FROM SAN FRANCISCO.
holding her own, and in some cases expanding her October.
November.
product in a most striking way; in a few instances she December..
January
is falling behind.
is
,045,982
Tot. 12 mos. 4,077,255 674,327 4,751,582 82^.025 8,447,242 3.269,267
is
There
984,705 61.277
595,391 37,314
36,077 39,040
110,502 11,688
81,108 16,037
10,733 22,788
20,202 29,984
348 33,100
fact
what
is
happening
all
the time, and Mr.
Wadlin, the Chief of the Massachusetts Bureau, presents results to prove it very conclusively.
He has had
returns made to him to cover each month in the year,
and arranged in that way it is found that the variations
in the total number of persons employed hardly
amounts to much more than 2 per cent. October is
the month when the largest number is employed in the
aggregate (302,370) and July the month of smallest
number
(197,883), the difference between the two extremes being only 4,487. Probably if we could have
the results by weeks instead of by months, the accordance would be still closer.
[From our own correspondent.]
London, Saturday, July 12, 1890.
Early this weekjthe^^belief was very general that the DirectEngland would on Thursday raise their
They were doing a large business both in loans and in discounts, some of the other banks
and discount houses actually refusing to discount at 4 per cent.
The Bank had thus got control of the market, and as panic was
raging in both Buenos Ayres and Montevideo it was expected
that the Directors would take precaution against gold withdrawals by raising their rate, thus producing an advance
ors of the
Bank
of
rate of discount to 5 per cent.
in the rate in the outside market.
Yet they have not done so. It is true that the rise in the
value of money here has stopped gold exports to the Continent.
The French and German exchanges are now more favorable
to this country, and the New York sterling exchange is nearly
at the gold-exporting point, yet shipments to South America
continue and the whole stock of gold held by the Bank is
under 21 millions sterling. Coin will be required for the internal circulation in considerable amounts during the next few
months, and in October and November there will be the usual
gold demands for Ireland and Scotland. Even without any
foreign demand, therefore, the stock seems inadequate, and if
there is a strong foreign demand the Directors may be obliged
to take very energetic measures to protect their reserve.
The reserve even now is under i\% millions sterling, and
the opportunity seems favorable for raising the rate since the
supply of money in the outside market is so small. Roughly
it may be said that up to the end of last week the outside
market had obtained from the Bank in discounts and
advances about 5 millions sterling. On Saturday and MonFRANCISCO.
day last the interest upon the national debt was paid, and
The Collector of Customs at San Francisco has furnished
us during the first three days of this week the outside market
this week the returns of imports and
exports of gold and was re-paying' to the Bank what it could afford. The whole
silver through that port for the month of
June, and we give of the re-payments, however, do not quite amount to £1,400,them in the subjoined statement in conjunction with
the fig- 000. Apparently, therefore, the outside market is still iudebt*d
ures for previous months of the fiscal year 1889-90.
The total to the Bank to the extent of about 3i^ millions sterling. It
imports of specie in June were somewhat less
than in May is understood that the Bank has very greatly lessened the
IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN
JOLY
THE CHRONICLE.
20, 1890.]
supply in the outside marlcet by borrowing from the India
Council diiootly and also by borrowing in the market uixju connols and Indian Government stock. The discount mte in the open market is fully 4 per cent, and the
Bank of EuKlatid is charging for discount to all but its regular
"" loans 5 per cent.
U-on exceedingly little doing in the silver market
this week in spite of the agreement of the Conference Committee upon a compromise silver bill, and in spite, too, of an
advance in the Indian exchanges. The price, it Is true, has
risen to 48i^d. per ounce, but in the present uncertainty operators are much more anxious to strengthen themselves than
to increase Ihoir risks. There has been an absence, too, of
customers
-l'^ I'*'" *^<'"' *"'''
Tlieri' luis
108
According to the Board of Trade returnM the exports of British
and Irish produce and manufactures for the first six montha
of the year show an increase in value of 6'82 per cent compared with the corresponding period of la«t year. For the
month of Juno alone the increase is as much as l.'i'ie per cent.
It is to be borne in mind, however, that the Whitsuntide holidays occurred in June last year and in May- this year. But
even if we add May and June together there is an increase of
over 18 per cent this year compared with the same two months
of last year. The chief growth in the exports is in metals
and articles manufactured therefrom, and in coal. There is,
however, a very handsome increase under all heads.
In the case of the imports there
is
a falling off in value for
(he six months of 0*48 per cent. This is mainly due to two
American buying.
The crisis in the River Plate countries is growing more and circumstances. In the first place, there was a great speculamore seriou.-;. The National Bank of Uruguay, a State insti- tion in sugar early last year which drove up the price very
Sugar is much cheai>er now, and although th«
tution, with a note circulation according to its last balance considerably.
sheet of nearly 9 millidiis of dollars, on Monday saspendfd quantity imported has been about the same this year as last,
payment. A bill has been hurried through Congi-ess making there is a falling off in value of nearly 2}^ millions, owing to
the notes legal tender for six months with a State guarantee; the lower price. The second cause of the decrease in the value
but it is much doubted here whether the Bank can be saved. of the imports is that raw cotton was imported in very much
The cotton harvest
It was founded by a syndicate of Argentine speculators about larger quantities last year than this year.
three years ago and lias been doing such rash business that in 1888 was late, and a large part of the crop, therefore, was
the other banks in Montevideo, though they could not refuse
its notes, have for a considerable time past immediately sent
them in for redemption. There has been a. run upon all the
received in the
first
half of last year
but the harvest of 1889
;
was early and a large part consequently was received in the
six months ended with December. To ])ut the matter differbanks in Montevideo and a panic ujwn the Bourse. The Pres- ently, if we compare the twelve montlis ended with June with
ident of the Argentine Republic has refused to ratify the loan the corresponding twelve months immediately preceding there
of 10 millions sterling which a London syndicate was willing is a slight increase in the value of the cotton imported and a
to make upon certain conditions. One of those conditions was very small additional quantity. The railway traffic returns,
that no part of the money was to be taken to the Argentine too,' are exceedingly favorable and so are trade returns and
Republic. The President objected to this, and as the syndi- •irculars.
cate was firm the negotiations are bi oken oflf. In consequence
The weather this week has been very unfavorable. There
the premium on gold has risen to 230 per cent and there is a was a heavy downpour on Saturday last, with cold north
panic on the Bourse there also. Serious fears are entertained winds, and nearly every day since has been wet or showery.
that the failures in the River Plate may affect some European The temperature is low for the season. Much damage to the
houses and have grave consequences, therefore, for ourselves. grain crops at home and upon the Continent is reported, and
All Argentine and Uruguayan securities have fallen, but not fears are entertained that unless there is a great change in the
so much as might have been expected, for they are very weather the harvest will be poor. As a natural consequence
largely held by the great financial houses here and upon the the price of wheat has risen.
Continent and by the trust companies, and operators, thereThe comparison of our import trade is given below
:
fore, are afraid of being cornered
;
but
almost impossible
it is
Imports.
to sell except at a great sacritice.
The South American
has led to heavy selling of all
kinds of securities. Its effect has been aggravated by the
extreme scarcity of money, by renewed apprehensions respecting Bulgaria, and by the agitation among the poUce
and postmen, as well as by some insubordination in the Grenadier Guards. The Metropolitan Police have been agitating
for some time past for higher wages and better pensions.
Their demands were approved by Mr. Munro, the late Chief
Commissioner, but they are resisted by the Government. For
a while it was feared that a general strike would occur, but
there is no cohesion among the men, and the fear ha-s now
disappeared. It may be explained that the Metropolitan
Police of London are not a municipal force, but are governed
by the Home Office through a Chief Commissioner. The
postmen, who are also asking for higher wages, appear to be
better organized than the police, and to be resolved upon a
strike.
Already large numbers of them have been dismissed
in conse(iuence of an attack upon non-union men who have
lately been employed. The insubordination in the Grenadier
Guards appears to have been caused by the severity and incrisis
judiciousness of the commanding officer.
In consequence of all this, the feeling on the Stock Exchange this week has at times been almost panicky. The
•
American department has suffered almost
ag
much
as
any
other, although the conditions are universally recognized
here to be higlily favorable. But operators who had speculated
too much in South American securities have sold very largely
New York has all along been a ready buyer, though of
course at constantly declining prices. British railway stocks
have likewise all given way ; so have international securities
and even consols have fallen during the week nearly J>2.
as
1889.
1890.
£
£,
January
February
March
6 months.... 206,926,758
1890.
+
207,934,188
1889.
May
M^y
June
—1,007,430
+
—
—
—
—
+
—
0-22
4-08
0-34
4-23
4-29
12-27
0-48
Per
Difference.
Of.
£
+
+
20,527,037
21,586,752
21,084.228
20,067,022
20,314,367
22,940,779
21.532,817
AprU
1,321,254
125.053
1,575,543
1,494,403
3,599,301
—
—
—
—
£
£
Exports.
January
February
March
8.5,532
+
38,058,318
32,340.096
36,265,387
37,255.785
34,835,408
29,326,994
April
Ot.
£
3S,143,S30
31,018,842
36,140.334
35,680,242
33,341,003
32.926,295
June
Per
Difference.
18,670,3.52
—
21,459,490
19,634,715
20.421.394
18,696,717
+
+
1,059,715
2,413,876
1,392,468
709,652
2,519,385
2,836,100
+
+
—
+
+
+
5-18
12-92
6-48
3-61
12-33
15-16
119,409,705
+ 8,146,260 + 6-82
6 months.... 127,555,965
Exports of foreign and colonial produce were as follows
Per CI.
1889.
Difference.
1890.
:
EXPORT.S.
£
s.
January
February
March
4,779,951
5,369,507
6,327,102
April
4,8.59,746
5,.573,826
Mky
6,476,915
5.106.549
6,731,537
4,507,702
327919,770
—
—
F
—
5,614,558
5,108,311
6,003,975
33,839,910
June
emonths....
I
—
£
834,607
38,804
323,127
714,081
254,622
598,847
920,140
—
—
+
—
+
14-86
0-72
5-38
12-81
3-78
13-28
-
2-71
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years:
1888.
1887.
25.111.003
5,239,410
25,480,170
6.»39,212
OtherdeposiU
GoTernment •ecnrltlm
88,211,»01
28,019,622
15,103,857
18,714.928
27,103,404
18.719.589
other securities
Reserve
Coin and bullion
24,819,931
20,6,".7,427
10.106.453
11,716,997
80,803,097
34 11-16
13,764,825
22,984,995
12,457,301
81,401,36«
25.310.685
4.e25.»41
26.815,610
17.485,861
10.191.830
12,856,690
82,447,105
1830.
£
Circulation
Public deposits
85.636,100
Prop, assets to
liabilities. per ot.
Bankratc
4
;...per(!t.
Consols
Clearing-Hoose returns
1889.
£
391-16
2i<
0515-16
98 9-16
140.117.000
143,010,000
X
£
6.149,953
S8>i
2W
40W
8
90 7-16
180.686,000
100,»iO,00O
Messrs. Pixley & Abell write as follows:
Within a month they have declined about IJcf. The selling of
Gold— The demand for (told, which has been «o strong lately, has some
consols no doubt is chiefly by the bankers and large capitalists
what slackened t/wlay, and the Continental ordershuvc falleu oftTh*
Bank >ias received £120,000 durinir the week, and sold £1()5,000, ot
in some cases for the purpose of providing themselves with
AiTlvals— New York, $4,000; West In
•
funds as a prec-aution against contingencies, in other cases to
employ the money in lending and discounting.
As yet, at all events, the monetary stringency and the crisis
in the River Plate countries have not adversely affected trade.
wldch £1.50,000
for Liahou.
£15,000; Aimtraiia, *8,000; Natal, £6<i,000; New Zealand.
£7.000; total. £100,(KK). Bhipmento— To Bombiiy. £62.:>00.
Silver— After uiiiny chauKcn the silver liill approaches the flnal stage,
and Is exactly aa predicted more than two mouths ago. Tlie market 1»
very tlrm, and large amoiinta have been sold at liuproviug rates for
both the Continent and India. Arrivals— New York, £d,000; West lar
dies,
THE CHRONICLE.
lOi
•dljBB,
«22,000; Buenos Ayrea, £3,000; total, *30,000.
SWpments-To
money have been
rates for
4,360-The American National Bank of Springfield, Missouri. Capifal,
$200,000. J. B. Owen, President A. B. Crawford, Cashier.
4,361— The City National Bank of Quanah, Texas. Capital, $30,000.
Wm. F. Brice, Cashier.
J. W. Golston. President
4,362—The First National Bank of Dayton, Tennes.seo. Capital,
$50,000. James A. Tulloss. President W. B. Allen, Cashier.
4,363—The First National Bank of Yoakum, Texas. Capital, $50,000.
J. M. Bennett, President; W. O. Eiuhardson, Cashier.
4,364—The Citizens' National Bank of Laurel, Maryland. Capital,
;
Mexican Dol'lars^The supply of these coins has been jomewhat
*17,0U J.
limited, and the last price is 47'ad. Arrivals— West Indies,
The
as follows:
;
;
Interest allowett
Open market ratet.
for deponte
bi/
Conam
Trade BiUe.
it<ink BUlt.
.«
Ditc't
^
H'«
Jtt
7 to 14
Coif.
Dayf.
,
"
t>
18
SO
S7
4
8«3
3
S
3
4
iiit
-
*
have been as follows
Jiill/
Batee of
Inttrett at
:
July
11.
June
4.
Bank
Open
Bank
Hate.
Market
ttaU.
3
3
4
4
Open Bank
Open
Market Rate. Market
4
4
Market
Sanit
Rate.
J'u?w 20.
27.
4
Open
~~3
3
4
Vnnkfort
Hamburg
Amsterdam
—
Brussels
4
4
8!<
3
2«
m'
a«
3
2«
2«
4
4
m
3
4
Madrid
3
4
4
2«
4
4
SJ<
4
8J<
4
2«
4
4
3«
3^
4
3«
SM
5li
SH
SH
5>i
5«
5«
6W
3«
3«
Copenhagen....
3!^
3>t
3W
The following shows the imports of cereal produce into the
United Kingdom during the first forty-four weeks of the season compared with previous seasons:
'
4
Bt. PetersbufK.
Ski
IMPORTS.
1888-89.
51,126,651
13,539,587 16,790,152
10,577,038 13,746,811
1,601,402
2,061,287
2,776,180
2,884,821
34,445,296 25,781,508
14,564,857 12,180,278
1889-90.
cwt. 47,437,189
Wlieat
Barley
•Oats
Peas
Beans
Indian corn
Flour
Supplies available for consumption
September
1886-87.
Total
103,963,046
87,412,404
81.
6d.
283.
308.
4d.
9d.
The following shows the quantities
maize afloat to the United Kingdom:
Last week.
2,163,500
237,000
634,000
This week.
Wheat
qrs. 2,161,000
Flour, equal to qrs.
Maize
qrs.
1887-88.
1886-87.
43.522,899
90,412,749
1888-89.
1837-88.
1889-90.
ATcr. price wheat H-eek.32s.
At. price wheat season. 308.
40,062,304
15,321,128 14,579.344
35,029,317 29,310,161
95,385,572
lmportaofwheat.cwt.47,437,189
203,000
700,000
31s.
308.
5d.
6d.
1886-87.
2d.
Od.
348.
33a.
of wheat, flour
and
1889.
1,478,000
192,000
604,000
are
July 25:
1888.
1887.
Total
Since Jan.
1889.
$2,991,270
5,314,288
London.
Sat.
d
Mon.
Tues.
ir«*.
49%
SOH
501a
967,,
50
4979
96h«
96
Consols.new, 2^ per cts. 96i,e
961,6
do for account
96 ',8
96%
969,,
Fr'ch rents (in Paris) fr. 92-55 91-67>« 92-65
U. 8. 4ifisof 1891
105
105
105
U.S. 48 of 1907
123% I23I9 124
Canadian Pacific
83
8308
83%
Chic. IMil. & 8t. Paul
74%
76%
74^8
Illinois Central
II9J2
119
1191a
Lake Shore
11218 112U
II214
Louisville & Nash%)lle.. 87''e
87%
861a
Mexican Central 48
7614
76
7579
If. Y. Central & Hudson.
110% llOia
110><i
K. Y. Lake Erie & Wesfn; 26=8
26 )«
26%
do
2d cons
105% IO5I3 IO513
Norfolk & Western, fref. 63
6318
62%
Northern Pacific, pref... 841,
8413
841a
Pennsy 1 vania
54%
55
54%
Phllndelpliia<k Readine. 23%
23 13
231s
Union Pacific
Wabash, pref.
,6
4973
965,6
5,557,300
$8,392,673
$3,979,202
8,001,964
$11,980,166
I.
Dry Goods
Gen'lmer'dise.
$72,720,009
194,050,794
$67,704,5^8
194,707,657
$75,363,772
205,220,276
123%
84
75i«
1191s
112i«
88=8
75%
IIOI4
26%
IO514
62%
84%
54%
231s
124
84
126
841*
75'S8
:
1887.
For the week...
1888.
Prev. reported
Total,
1191a
75i«
IIOI4
1191a
1121a
8878
75 14
llOis
36%
26%
112%
88%
105
6278
1051a
6279
84%
54%
23%
84%
5519
23%
65%
65
64%
65
6518
301s
3014
3078
3078
31
National BASKS.-The following national banks have
:
First
National Bank of Tjrone. Pa. Capital, $75,000.
'^^"''O"; President; D. Shelly Kloss, Cashier.
Bank of GreenviUe, Ky. Capitil, $50,000.
4 357-T?« H»?i?r»S''v "h*'*"","^ President; Lewis Reno, Cashier.
4,d57-The Security National Bank of Grand Island, Nel,.
Capital,
Hiram J. Palmer, President; Jesse M. Marsh,
p?,?;
Frrst >,itlonal
clihi^
National
Bank
of
Cooper, President;
CMhlCT.
city National
CMhi2??"
Commerce in Denver,
*
Bank
•
Colorado. Capital,
Charles L. Mcintosh,
of Marshalltown,
Iowa. Capital,
^""a"^'- President; D. T. Deniiead;
1890
1889.
$6,289,265
$6,025,670
180,129,793
$6,400,222
156,346,4311 183,506,253
$3,888,075
164,527,818
29 weeks $168,415,923 $162,635,696 $199,906,475 $186,155,463
The following
at the port of
shows the exports and imports of specie
for the week ending July .19 and
1890, and for the corresponding periods in
table
New York
since January 1,
1889 and 1888:
EXPORTS AND IMPORTS OF SPECIE AT
NEW
YORK.
Imports.
Exports,
Gold.
Week.
Since Jan,
1,000
2,000
2,000
2,272,835
2,348,788
3,600
1,268,126
123,225
Week.
Since Jan.
4,236
$106,95
403,540
138,350
$5,223,983
4,274,102
4.468,771
710.200
other countries..
$1,733,181
3,379,870
1,503,285
.$9,053,.594
43,692,838
18,589,850
1.
$156,979
2,505,288
890,066
1,174.618
13,392
102,151
376,488
$2,326,8-20
West Indies
Mexico
South America
Total 1890.
Total 1889.
Total 1888.
1.
$1,728,181
Germany
$93,021
8,900
800
Imports.
Exports.
saver.
Week.
Great Britain
75%
64I>B
recently been organized
$88,362,929
214,589,588
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 82 and from January 1 to date
EXPORTS FROM NEW YORK FOR THE WEEK.
967,\
961s
96%
92-05 92-721S 92-85
10479 108
105
30 Hi
7.
IS90.
i2,562,5^7
7,581,707
$8,305,558 $10,114,294
.*2,835.373
Gen'lmer'dise..
AU
Silver, per oz
4,3S9-The
For Week.
Dry Goods
Great Britain
France
markets— Per Cable.
Enslltih Financial
4^58-Thc
;
223.000
356,000
daily closing quotations for securities, Ac, at London,
reported by cable as foUows for the week ending
dt%a Th^
4338-The
general merchandise) July 18 also totals since the beginning
of the first week in January.
FOREIGN IMPOKTS AT KKW YORK.
1888.
1,940,000
The
4,335-The
,
—
Imports and Exports for the Week. The imports of
last week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were 811,980,166, against §11,091,324 the
preceding week and $13,685,399 two weeks previous. The
exports for the week ended July 33 amounted to $6,035,670,
against $5,396,792 last week and ^1,838,420 two weeks previoi's.
The following are the imports at New York for the week
ending (for dry goods) July 17 and for the week endin? (for
Total 29 weeks. $262,412,245 $266.770,803 $280,784,048 $302,952,517
1887-88.
40,062,304 43,522,899
17,263,557 14,777,038
14,858,659 11,636,952
2,203,209
2,703,986
2,198,547
2,340,163
20,023,698 25,204,909
15,321,128 14,579,344
(exclusive of stocks on
1888-89.
51,126,651
12,180,278
32,078,643
Imports of flour
14,564,857
Bales of home-grown. 41,961,000
Brooke,
T.
Donald
$50,000.
Cashier.
First National Bank of Hico, Texas. Capit.al. $50,000. R.
Y. Cox, President; J. 8. Moss, Jr., Cashier.
4,367—The Miles National Bank of Delta, Pa. Capital, $50,000. S. B.
Miles, President; J. H. Miles, Cashier.
4,368— The First National Bank of Midland, Texas. Capital, $60,000.
A. W. Hilliard. President; W. E. Connell, Cashier.
4,369—The Rome National Bank. Borne, Georeia. Capital, $100,000
Geo. E. BUlingsley, President; M. B. Wellborn, Cashier.
4,370—The First National Bank of Hot Springs. South Dakota. CapiCashier.
ital, $50,000. Alexander S. Stewart, President;
1):
1889-90.
A.
Euglewood, N. J. Capital,
Mackay, President; K. H. Rochester,
of
3
4
3
4
4
3
3«
sa
3«
2X
2«
2K
Bank
4,366—The
- «?<» - 2««3 i~e3x's ®3>i
S^a3H.3!4@3»
^%» — 8 ® — 3 8
i«-lk'
1«
•'
3M® - 3«(»,S5»
18 ® -|3K« - SH% -'sKa
3«-3M
2«
"
3«« - 3K® - 3«» - 3«e4 3K@4 3«®4
3M-3M
- 2X
* 35^» -|3«4 - »«» - S?^a - »«« ->
July
3M-3M
2M
11 4
4}^a - i\i& -JH^ - m'» -*ii» - 4^<8B
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
JUM
H. Stanley, President;
Citizens' National
4,365—The
Joint
Stock
Six
Tour
Three
Six
four
Three
Banks.
MonthtMontlu Monthi Montht\Montht\Montht
Charles
$50,000.
Cashier.
ti
e;
IVOL. LI.
Since Jon.
1.
$737,000 $9,474,697
284,075
$1,467,906
7
1,351
37,538
22,612
168,818
"i',366
8,349
542,617
270,689
355.044
152.835
493,273
$737,000 $9,987,740
253,133 10,703,206
147,600
6,484,778
$33,881
36,959
12,880
$3,283,715
868,744
1.072,553
West Indies
South America
All other countries..
Total 1890
Total 1839
Total 1888
Since Jun.l.
Week.
24,165
Of the above imports for the week in 1890 $3,021 were
American gold coin and §1,485 American silver coin. Of the
exports during the same time $5,000 were American gold coin.
—Subscriptions at par for $2,000,000 Baltimore & Ohio RR.
Equipment Trust fives will be received on Tuesday and
Wednesday of next week by the Finance Company of Pennsylvania in Philadelphia. The bonds are secured by rolling
stock leased to the B. & O. RR. and by the direct obligation of
that company. The principal is payable $200,000 annually
from Nov. 1, 1891, to 1899, the last $200,000 is i^ayable May Ist,
1900. Further particulars may be found in the advertisement
in to-day's issue of the Chronicle.
—
Investors will find in the Investors' Supplement the card
of Messrs. A. J. Weil
Co. of this city and St. Louis. This
house presents therein some selected securities for the consideration of investors.
&
,
JCLT
THE CHRONICLK
96, 1890. J
Bond Purchases.
U. 8.
—On
July 19 Secretary
Windom
in regard to boud purohaseH:
"ny virliic ot thi< authority contalncil In Section :<6U4 of thoIlovlHOd
Otntiiti'H, notice Is licrcby K>vim Mint on Thurii(Uy, July 21, at niHin,
pro|K>8ulii will Ih' ri<ot'lvf<l at tlio office of Mio Hei'ratary ot tbo Trraniiry
for the sal* to the UoTeriimunt of United States lionda ot ttxa Acts of
July 14, 1)470, ami January 20, 1S71, for the purimse ot BupplyhiK, In
I>ai (, the requirpnienta ot the niuking funtl tor the current flocal yoar.
"Proimsals should Stat* the upcrlflo chararter ot the bond* offered,
trhfthcr coupon or registered, and nmat be tor the aale of the bond*
ivltli accrued interest to and Including the day of sale.
"The rlKht Ih rcucrved to rqtpct any or all propoaala tor the sale ot
bonds if It Is thought to be for the Interest of the Oorernmont to do so.
"The ciroulnr of April 17, 1888, under which dally purchases of bonds
have hpretofore been made. Is hereby rescinded."
William Wimdom, Secretary.
issued the
foUowinK circular
Secretary Windom made the following statement in reeponse to inquiries in regard to his bond-buying policy:
" The explanation of my action to-day is simi>ly this: Owing to the
recent very light ofterlngs of bonds, the Buri>lus has rapidly accumulated, until now It Is. In round numbers, #50,000,000, exclusive of $T3,000.000 fractional silver coin. The roeent act ot Congress transtorrlng $r>.'>,ooo,000 from the fund for redemption of national bank notes
makes a large portion of this fund also available tor the redemption ot
bonds. Tbe Department Is, therefore, in a position to retire a conaldnrable amount ot the interest-bearing obligations ot the Government,
and the advertisement issued to-day is simply intended to Invito the
bflndholders to
name
a price at whicli they are willing to sell to the
Government. The amount to bo taken wllldei>oud largely upon the
prices at which tUey maybe offered."
United States bonds purchased from August 3, 18S7, to date, inclusive, are: 4 per cents, $136,489,900; i'o per cents, $142,227,200; total,
$278,717,100, Cost, 4s, $173,323,991;
i^na, $152,986,262; total,
$326,310,253. Cost at maturity, 4s, $236,408, 930; 4J28, $160,107,3.'J4;
total, .•ti396,5 16,264. Saving, 4s, $63,084,939; i^B, $7,121,071; total,
$70,206,010.
— Messrs. J. D. Probst & Co. and W. S.
Gurnee,
Jr.,
& Co.,
of this city, offer to investors, at 90 and interest, $1,000,000 of
the first mortgaRe 6 per cent 20-year gold bonds of the WoodStock Iron Coniiiany ot Anniston, Ala. This is the entire issue
and only mortgage of the company upon all of its property,
a description of which is given in connection with the formal
offering of the bonds. The bonds have recently been listed
on the Stock Exchange,
—
The statement of the Union Discoxmt Company of London for the half-year ending June 30 will be found in the adTertising columns of this issue. The card of the company
appears weekly in the Chronicle, and quotes the rates of interest allowed for money on call and on three to seven days'
notice.
—
—Investors are requested to notice the list of bonds presented
ny Messrs. Reed & Flagg in the Chronicle to-day.
City Railroad Securities— Brokers' Quotations.
K.|.;)o
Dr<r J>ock K. By & B.—
Gen. M., 59, lai;»...A&0 104
Scrlp6»
F4A 100
Bl'oHerSt. A t'uJ. K. —stk. 24
|Bt«hth Av.— Stock
'200
tlantio Av., J5'KI}u.:M
i
Ist mort., 7»., 190<>..JAjlll2
Br-dway A 7tliAv.--8t'k.. ilu
1
mort , 58. 1904 .JAD 105
8d mort, 68,1914. ..J*J 105
znrt
nut.,
93
Brooklyn City— Stock.... :73
lutmort.. 58. 1902 .J&J'IOS
E'klyn. rciscfn 58.. 1008,108
Central Crosatown— .-i 'k
1 55
a.i
I
'U 105
Ist. Ss. Kll
5,s, lilt,
1st mort,, 88, 1910..
'05.
let mort., 88,li<'.i2.M*.\"119
Cent, Pk.N.* E.Riv.-stk 1118
ConsolK. 7», 1902 ...JitD'117
BryDk.E.B.iBafy— ,«tk.!U2
Isl mort., 7s, ISSS.-JJtDiloS
2d
175
106
110
122
123
120
145
107
.M,.
As erica
Am. Exch...
Aslnry Pari
Bow ery
am.
UANk^.
.ilalK
j
1217 "s '22fl"
Ilil
Bid.
Gallatin
75
310
German Am. 120
t»«nnaa Ex. 260
Oermaiila
270
Greenwich.. 150
Central
14.i
Hanover
»46
Chase
275
Hud. River.. 150
Chatham
aso
Im. A TrartS' 545
Ch ^nical
4 TOO 5000 Irving.
lUO
«ty
5(0 .120
Leather Mf»' 25 »
Cit tens17«
180
Lincoln
2U0
Co.nmbta
.'30
iMailiKou Sq.. 101
Commerce.
MandatUn... 19u
CSonllnentU
UIH, 144 jMarketA Fal 2»0
foni Kich... •-45
Mechanics'.. 215
I>«'l-UHi(
110
M'ch8*ATr8*. 251)
> »l Klver. i70 115
Wercantlle... 215
llth Ward... 160
Merchauts'.. IJi;
Fifth Ave.... 1200
Merth'U Kx. 127
Fyth
200
Metropolitan
H
»lrtt
1
Ml
Bioadway... 2VJ
Balchs'&D,-. 185
mort.
7«. 189:^
Oriental
Pacific
5(6
Park
People's
X4th Street.
*'*"-'
Mt.
133
ShoeiftLeath.
St Nicholas.
'
?'>
'.>
129
10
(
as followg.
week ending Jnlr
for the
W» omit two cipher* (00) in
alleattt.
Hamilm.
lOOt
mUttoLI
OapUaL
Ltani.
Survltu.
•
of New York...
Mniilinlinn Co
Bank
»
9,000,0 1,72(1,9 11,230.0
3.060.0 1,419,4
9,»»0.0
M(il(lnlit8'
3,000,0
922,4
7.0.'«(),5
Mechanics'
2,000,0 1.878,«
9,000,0
Amcricii
3,000.0 •A018.0 12.142.0
Phciiil
1,000.0
640,9
4.719.0
flly
1,000,0 3,309. d
9.U'22,
TradcHinen's
760,0
69, :i
1,895.5
ClKinilcul
800.0 6,168.(1 32,800.1
M(^r('lln^tn' RxclianK»
600,0
134.7
3,491,3
Oullnlid National
1,000,0 l,4H»,t)
6.010,3
mUcllCTs'ift DlOXMH'.
300,0
394,5
3,070.3
MecimiiicH' & Trihlcrs
237.8
300,0
2,816.0
GiX'Cnwlch
117,0
300,0
1.191.2
Leatnct Mnnntact'rs.
600,0
672,0
2.865.6
Seventh National
300,0
78,4
1,306.6
State of .New York.... 1,300,0
448,2
3.5:(3.3
Ainoricnn BichaUKO.. 5,000,0 1,804. :t 17.0C9.0
Coiiinicrce
6,000,0 3,878.7 18,196.6
Broadwiiy
1,000,0 1,878,9
5.009,2
Mercantile
8!J3,4
1,000,0
7.306.8
Pacillc
364,8
2.841,0
422,7
Republic
969,5 10,'.;43,4
1,600,0
ChilthKlii
663,0
460,0
6,847,0
Peoples'
288,1
3,:-(93.2
300,0
Nnrt li A morlca.
644.1
700,0
4.480,5
Ilanovor
1,000,0 1.418.2 14.005,3
IrrliiK
286.5
500,0
2.989,0
41U.1
Cltlzniis'
2.711.
600,0
208 5
2,8l-'i,7
Nassau
600,0
M»rkct.ft Futon
730 2
4,170.3
760,0
121 1
St Nicholas
600,0
1,892.4
282 5
Shoe dt Leather
600,0
2,603,0
Corn Kxcliange
0.435,8
1,000,0 1.152 5
38!) 8
Continental
1,000,0
4,031,9
Oriental
388 1
3,140,1
800,0
Importers' A Traders' l,500,f. 4,802.5 20,04(1,0
Paik
-^000,0 2,3734 19,438,6
1'22 2
.North Ulvcr
2,084,9
240,0
East lliv( r
131
250,0
1.207,7
Fourth Natlon.al
3,200,0 1,7<>0,5 17,979,8
Centinl .National
578 1
7,107,0
2,000,0
2895
Second Nailonal
4,318,0
300,0
Nintli National
3322 4.977,8
750,0
Piist National
600,0 8,21'2.4 21,598,4
Third National
3) ..»
6,141,7
1,090,0
N. Y. Kafl Kxchange
140.3
1,447,4
300,0
Bowery
4(39.7
2,330,0
350,0
New York Conntv
428,3
2,790.0
200,0
2.78C.9
Gennan-Amei-ieaii
256,4
750,0
Chase NKtional
82»,H
9,878,0
600,0
Fifth Avenue
778,9
4,0S7,5
100,0
Gerntau PJxchunge
2,9t0,8
445.3
200,0
Gemiania
2,713.6
200,0
418,8
United States
616,0
4 386,5
600,o)
Lincoln
3,155,;
287,9
300,0
Gaideld
8,46d,8
327,3
200,0i
Fifth National
l,715.r^
28t,l
160,0
Bank of theMetrop...
4,613,8
800,0
638,7
West Side
3,119,0
353,8
300,0|
Seaboard
161,2
3,998,0
6OO.O1
Sixth National
1,600,0
200,0l
373,7
Western National
8,500,0|
188,8 10,227,5
First Natloiial,B'klyn
3,800,0
300,01
736,4
Total
York.'
"
•'
19
"
6
...
...
12....
19....
"
.
0,813,0
7,SM.»
.7,684,0
12,423,1
4,4M,0
1,202,4
10.341.8
.1,876.7
87,215.0
377,8
437.0
'2UI..
*.isSj»
608,9
>53,3
42<.7
133.0
136,3
640,7
891.
100.7
484,0
r.0.7
386,8
39,3
218,3
998,0
410.0
2.(J99.0
1)10,3
845,0
l'i,578,3
7,8183
8,073^
1,933,5
995,3
339,7
6«0,
3,607,3
644.2
750,8
294,4
874.9
170,7
448,0
807.7
613.1
116,8
141,9
1
iU,4
1,553,0
1,181.0
1.802,3
4,832,4
1,111,0
2 75,8
8-!3,0
l,l'.i25
750,0
342,0
782.7
716,1
272.8
469.5
668,9
218,5
190,3
81'A4
206,4
13?,7
855,0
197,0
696,5
434,2
3,',;05,7
8,294.0
2.607 ,«
1,507,6
2,816,0
14.3(0,0
2,^81,3
303,7
1,4,-1,3
3.5(il,0
l',3i6,l
3,8e&0
2,<nau
3r.9,2
1,578.0
3,248,1
140.2
125,0
1,395,0
761,0
100,0
423,0
687,6
935,0
103,9
165,0
520,0
1(13,4
404,1
2,213,9
1,112,0
189,7
187,3
1,38 '.,5
7UC,4l
754,51
600.7
1.022,6
121,1
875,0
25(j.0;
7l!-,0
4.618,9
10,792,3
6,377)4
3,231,7
4,592,0
14,'d92,3
8,011,0
3.088,1
8,637,6
4,311,2
1,84»?4
3,184,0
6,53i;7
6,80fr,2
2,040.0
20,260,0
23,759,4
2,444,7
1,097.5
18,086,<3
8,134.0
5.134,0
6.648,7
20,748,0
6,812J
1 396/7
2,477,0
3.026,3
2,468,2:
536.(1
11.886.2
5,123,a
3,464.5
403,5
94,2
223,0
28<,4
212,4
802,8
273,0
395,0
6.447,8
3,8i3,»
4,124.»
3,193,5
6,376,2
2,142,0
4.247,0
192,4
8208,7
190,0!
1.803,4
110,0i
l,',i92,0
:!89.6
1, '237,0
313,0
b,879,»
4,367,0
Loans.
Specie,
S
t
*
I
OtMrtngi.
L'^ilt.
$
I
.«
39.\618.5 75,398.8 31,705,1 40.1.837,: 1.771,2 689,831.8
28... 121,339,2 397,071.6 75.411,0 32,814,5 40>.5i7 S 1.733,0 n73.483,0
6 ... 121,339,2 4(li.ti21,9 Te.448.0 30,n;5,3 414„Mj.4 1.771 1 873,-27.8
12.... 121,339,2 402.98 J.O 79,255.4 31.011.0 415,».11,
1.781,0 812 917,4
Boston.'
July
1,626,0
2.154.7
1,067,0
^,120,1
10, 680,0
6t'l>,0
388,4
447,0
853,4
I4I.0
1,160.0
154.3
dc
Suntlut^
Jiuie'.!l.... 121,009.1
"
1.7(18.0
l,87l».4
60.812.7'60.526,5 402,336,4 !76,900.0 32,399,0 414.266,4
CapUat
BANKS.
Joly
MCO
3,040.0
PhllR.'
Jnly 5...
" 13...
121,339,2 402,316,4 76,900,0 32,389,0 414,2'J3,4 3,702,2 650,872,5
84,88.^4 158,581,3 10,103,1 3,811.7 131.861 C 3.215.3 106,801.3
84,885.4 151,»83,8i 9,847,'j 4,6.58,3 I32,87i,4'3.232.5 H7.91S.5
64,885,4 154,750,2 10,159,0| 4,8U .,3 131,532,8 3,221,7 98,420,5
35,793,7
35,793,7
33,793.7
93,312, 02. 133.0 78,135.1
24,432.0
98.87 k.O! 2,133.0 67,t)2U,<>
21,857,0
98.888,0
25,48 .',0
97,388.0iJ,131,0 80,186,
• We omit two ciptiere tn all ttieee Jljaree,
tlnuiaiia<, lor Uiacoa and Phil*ds naia. the item " dua to other banks."
"
ID....
99,211,0
99, 107,0
Anction Sales.— The following were recently sold at auction
by Messrs, Adrian H. Muller & Son
:
S^area.
Boiuts.
10 Gcnnan-Amer. Ins. Co.. .315
200 Mahon. Coal RR.Co.,com. 62
1 MenibcrshipCon.sol.Stock
iPet. Ex. of N.
$310
Washington Lite Ins. Co. 181
Standard Oil Trust.. lC7-167'a
Leather .Mfrs.'Nat. Bauk.258
Y
100
187
5
5
15
10
38
$1,000 Cresson & (Jlearfleld
Co.ife N. Y. Short Route, Ist
63, 1904,
MAN, (trust cert). 96
i Esiei RR..
138%
$17,000 Morris
Istconsol. 78, 1915
$90 Baltimore Ohio & 8. W.
RR. Co. iBt M. boud scrip.. 20
Market & Fulton Nat Bk.239
$e,000City ot B'kly n as.pemi.
Imp. & Traders' Nat. Bk.560
water loan, 1899. J,S:J.122>2(felnt.
Continental Trust Co
157>3 $3,000 Brooklyn 6s, permaii't
Panama RR. Co..
64ia
water loan, 189U, J&J.115i2itlnt.
lOGennauia Bank
310
$1,000 Cincinnati 7s, water
25 Germaula Fire Ins. Co. ..170
works, 1897, F,tA
xll5>a
Sonde.
$5,000 Grand Rapids
&
tnd.
RR.Co.l8t78,l.g., gu., 1899..11019
$1,000 Loui8vUlc,Ky.,78. City
Hall boud, 1891, A(S:O...l01Aliit.
250
69
200
1220
(180
iS05
|280
1141
1320
11^(1
1
13«
12.^
Third
115
Tradesmen's. 100
Unii'dSUtes 200
Il30
llu
Western
l()9'a'109»,
West Side... 200
..
170
ia
gaulitu0 autX ^luauctal.
Bid.
SuteotN.Y. 112'.,U7
i'63
a«o
Murray Hill. 250
170
7-'.
MorrU
I
Phenix
145
Pioduce Ex.!ll2 117
Repabllo .... 192 187
Seaboard
159^6
'325
Second
Seventh
,140
110
Metroirolls... :i50
117
107
N. America..!
I
ll4
110
2C0
North Blver.lSO
.
1.
iOU
245
N.Y. Coaniy. 550
N.Y.NatEi.;i:iS»
Ninth
138
I
fj-st N., 8.
110
112
125
107
'105
BANKS.
New York...
Ask.
3('0
21100
I
lis
so
U»0,
prices this week.
300
400
QartloW
|iB2>i,
113
incorae,68
Sixth Ave.— Stock
2<X)
Ist mort, 78, IfcOO.. J4J 105
Third Ave.— Stock.
1230
1st M., 58, 1937
J&J 109
Twenty-third St— Stock..!
Bank Slock List— Latest
1
M&S
J&JI 59
iHoQst.W.St* P.F'y-Htk. 200
1st mort, 78, 1894. J&j|l09
Niutb Ave
J05
Second Ave.— Stock
Il20
l8t mort, 5«, 1910. MAN, 105
[
1st,
JtAMKC.
102
IKlghthA v.— Scrip, 68, 1914 105 llOB
,423 A Gr'nd St. F'ry— Stk. 240
245
Lst mort., 7«, 1893. A&O 108
,42(1 St. Mauh.i St.N.Ave.1 43
\"iS"
1st
B'way
N«wTorkCUr Bank Statement
19,
H.
Mr. F. Kloeckner, whose card appears in the Investors
Supplement of this date, has removed to a large and handsome suite of rooms in the same building, No. 6 Wall Street.
— Messrs. Cofl5n;& Stanton advertise in the Chronicle a
list of coupons and interest payable at their office on and
after August 1st.
106
I
1
Spencer Trask &
Co.,
BANKERS,
'Nor. I« anl 18 Broad Street, New Vork Cltf.
ALBANY, N. Y.: SARATOGA, N. Y: PROVIDE.-^CB, R. L:
TRANSACT A GENERAL B.lNKI.Mi BUSINESS.
All classes of Securities Bought and Sold on. Commission. SpeoUl
attention given to nvestment Securities. Direct wire to each ottlc»
and to Philadeliihl 1 Sostou and Chlvatro.
SPECIAL. NOTICES.
td^CITV BONDS
AND OTHER
FIRST-CL.ASS INVEST-
meuts adapted for savings' banks, trust tuuili, and oaref al Investments
of individuals are made a prominent gpeoialty la the business ol
Merers. Blakic Bao?. <& Co., Btnkers. ot New York aal Baiton. 8«*
carl in the oolumos ot tbe CiutoaiCLB.
THE CHRONICLE.
lOi
Posted rates for sterling are
$330,000 was withdrawn,
and 4 891^, and actual rates are: bankers' 60 days'
s'terlmg, 4 853 4'85K; demand,4 883^(34 89; cables, 4 89i^@
4 893^.
The posted rates of leading bankers for foreign exchange are
as follows
week
$lxe jankers' ^a^ette.
DIVIDENDS!
The following dividends have recently been announced
When
Payable.
RKllroads.
MahonindCoal
Paul Minn. & Man. (quar.) ...!
Terre Haute <fe IndlanaiioUs
Wheel. & Lake Erie, pref. (ouar.)
St.
Banks.
SJa
1>3
3
1
Ane.
Aug.
Aug.
Aug.
Exchange
German- American
6
3
Fidelity
5
On
Henderson BrllRe
2>a
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Mlxcellaneon*.
& Ca.'iuaUy
Uncolii Safe Wepoalt
N. Ent-rd Tcleplione A Telegraph
Oregon Imiiruvement
Pullman Palace Car (quar.)
3
75c.
1
2
4
Pennsylvania Coal (guar.)
3
July 18 to Aug. 1
IJuly 15 to
15jJu]y 27 to Aug. 15
—
1
I'july 25 to Aug.
liJuly 22 to Aug.
1
1
dem.l
1
July 29 to Aug.
1
15 Aug.
Demand.
tneliieive.)
1 July 27 to Auk.
Aug.
Aug.
Com
(Duyi
Sixty Days.
July 25.
Books Closed.
PaCent.
Same of Onmimny.
LVol. LI.
1 to
l,July 27 to
15 Aug. 2 to
llJiUy 22 to
3
77
Aug. 14
Aug. 1
Aug. 15
Aug. 1
WAL.L STREET. FRIDAY, JULY 2-1. 1890-3 P. M.
The Monej Market and Financial Situation.— The general
sentiment in Wall Street lias been somewhat strengthened by
the renewed purchasing of Government bonds under the
recent Treasury circular, and by the good showing this week
of the Bank of England. But so far as business at the Stock
Board is concerned it is near a minimum, and all the characteristics of a midsummer period are prevalent, stocks closing
4 851a
4 891s
Prime bankers' sterling bills on London.
4R3%d4 84
Prime commerclaV
4 83i3»4 88%
Documentary commercial
5 1938®5 18% 5 IB'saS ie>i
Paris (francs)
40tieS40i4
4038-ff407i8
Amsterdam (guilders)
95_S95i8l 95=6«>95%
Frankfort or Bremen (reichmarks)
I
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
par, selling %®]4 premium; New Orleans, commercial, 25c.
premium; bank, $1 premium; Charleston, buying par, selling
y&@)4 premium; St. Louis, SOgCOc. per $1,000 premium; Chicago, 2.5c. per $1,000 discount® par.
Coins. Following are quotations in gold for various coins:
Sovereigns
$4 90 ®i?4 9^ Fine silver bars.. 109 3 110
—95 3 — 96I3
Napoleons
3 S8 •» 3 93 ]FlvefranC8
8i
X X Keiolimarks. 4 80 ® 4 90 Mexican dollars.. — 84I3 a — 86
Do uncomuiero'l —
9 — —
4 78 ® 4 83
25 Pesetas
— 78 a — —
Span. Doubloons. 15 55 815 75 Peruvian sols
iKnglish silver.... 4 88 » 4 95
Mex. Doubloons. 15 55 3>15 70
——
par ® 3, „prem. U.Sf. trade dollars — 83 9
Pine gold bars...
—
i
—
United States Bonds. Governmebts are strong and prices
have advanced, the fours being quoted to-day at
133J^ bid, against 131}^ last Friday. The Secretary bought
$333,200 of bonds on the 19th, which was the last purchase
made under the circular of April 17, 1888, now rescinded. Under
for all issues
the circular of July 19, 1890, calling for the offering of bonds
to the Treasury for the sinking fund, $6,356,350 of 4s and
There has been some movement in silver both here and in $483,550 of 4>^s were accepted by the Secretary on' Thursday
London, but it is difficult to say just yet whether there is at prices ranging from 122-263 to 124 for the 4s and 103)^ to
likely to be much of a speculative rise, and also difficult to say 103?^ for the 4^s.
The closing prices at the N. Y. Board have been as follows
how far the higher price will stimulate production.
rather weak.
:
among
the railroads west of Chicago is
not all that could be desired as to freight rates, and there are
some who anticipate further difficulties, although it is usually
The
status of affairs
the case that such troubles are exaggerated in the first
instance, particularly as to their effect upon the whole business
Interest
reriods
reg.
413S, 1891
413s, 1891. ...coup
reg.
4s, 1907
4s. 1907
coup.
-- .reg.
6s, cur'cy.'95
6s, our'cy,'96
.reg.
Hs, cur'cy,'97.
.reg.
reg.
63, cur',;i,'98.
reg.
cur'jy,'9J.
6s,
July
July
JnUf
21.
22.
23;
103
103
121»8' 122
J^Uu
19
"103
*103
*103
CJ.-Moh. '103
r
\
I
July
July
24
25.
•10314 •103»a
*l03i4 •10313
*123i3 123%
*123i3 123%
Q.-Mch. 1(j3
I'lOS
122
121
(J. -Jan
121=8' 'I2II3 122%
O.-Jan. \.->l
•113
J. & J '1121a *112i2 '11213*113
.
,
'
•113
of a large railroad system.
'115 1*11513 •11313 *115ia
1*115
J. & J. '115
•11713 *117i«
In looking to the prospects for the next few months it
J. & J. '1171a *117ia >117ia*118
*120
|''120
•120 *120% '120
J. A J. '120
appears as if the Government operations including the silver
1*123 r •123 1*12313 *123i3 *123
J. A J. '123
purchases, the possible issue of additional notes by the banks,
• This is the price bid at the morniug board
no sale was male.
and bond purchases by the Treasury would be so directed as to
increase the supply of currency and thus help to keep money
State and Railroad Bonds.— Sales of State bonds were
easy. On the other hand, money has not returned much this year limited to the following $10,000 Tenn. sett. 6s, at 107 $500
from the West and South and the bank surplus is small for sett. 53, at 103 $16,000 No. Car. con. 48, at 99 $10,000 special
July, and looking inio the field of railroad traific we hardly tax trust receipts, at !%- 65,000 6s of 1919. at 138 §28,000 Va.
expect to see a continued large gain in earnings over 1889, 6s, def., trust receipts, lOJ^-s^
$5,000 So. Car. 6s, non-fund,
but should consider that the roads were doing fairly if they at 5 $25,000 Ga. 7s, gold, at 101>-4; $10,000 Ala. class " A," at
keep up to the corresponding months of last year.
In special stocks the chief rumors touching r rices are in re- 1055f
Prices of railroad bonds continue iiTegular. and the dealings
gard to new deals, or negotiations for control by new parties,
the
wliich the N. Y.
New England rumors easily rank have been moderate most of The week, a little more business
among
only issues showing any acbeing apparent Thursday.
There is, Iiowever, nothing official, and if negotiations
first.
tivity were the Atchison incomes, the blocking Valley general
have been pending at all, their terms are known only to insiders,
who thus liave, as usual in such cases, every advantage in 6s on Monday, and the Iron Mountain 5s on Wednesday.
dealing. The Sugar Trust is to be reorganized, as was exRailroad and Miscellaneous Stocks.— The course of
been irregular the past week,
pected, and it does not appear yet that even the intervention prices for stocks has
volume of transactions being very small. On
of a receiver will be required.
the
The open market rates for call loans during the week on Wednesday more strength developed, particularly for
stock and bond collaterals have ranged from 'i}{ to 6 per cent, the specialties, and yesterday the bond pm-chases by the
with 4J^ per cent as a fair average. Prime commercial paper Secretary A-ere considered a bull point, causing increased
is quoted at SroS}^ p. c.
strength in the general list. Atchison and the grangers were
Tlifi Bank of England weekly statement on Thursday showed
Lackawanna. Atchiparticularly strong on good earnings.
a gain in specie of £335,000, and the percentage of reserve to son, New England and Citizens' Gas were the only stocks that
liabilities was 38'90, against 34'87 last week; the discount rate could be called active, silver certificates also furnishing conremains unchanged at 4 per cent. The Bank of France gained siderable business. Lackawanna made the highest point of
4,850,000 francs in gold and .^V.^.OOO francs in silver.
the year (149)<) on Monday and kept up well till to-day, .when
The New York Clearing House banks in their statement of it broke, closing at 141%. Citizens' Gas ran up again this
July 19 showed a decrease in the surplus reserve of $580,675 week to 89}^ at the close to-day, the highest of the year. On
the total surplus being $5,703,400 against $6,283,075 the Thursday New England on " stop orders'" was very active and
previous week.
irregular, fluctuating between 50^^ and 48^3; to-day it fell
The following table shows the changes from the previous to 48, closing at 48^5 this activity was on the varying rumors
week, and a comparison with the two preceeding yoari in the and the varying confidence in the prospect of a deal with the
ATerages of the New York Clearing House banks :
New Haven Company.
To-day, with few exceptions, stocks fell off, though in most
cases fractionally. The trading was on a very small scale,
18SS!.
July 21.
however. New England and Citizen's Gas leading, with a Uttle
activity in Gt. North, pref., which declined.
Capital
Sugar Trust transactions were on a large scale Wednesday
Surplus
and Thursday, but only moderate the balance of the week, the
Loaiif and dlscti
price rising to 79 J^ and closing to-day at 77 Ja- It is said
Circulation
there was considerable buying to cover shorts, and the reNet deposits
Specie
organization plan was also to be submitted. On Wednesday
Legal tenders.
Lead Trust was taken hold of by the bulls and raised to
Eeserve held...
31 J^; transactions have since diminished, however, and the
Legal reserve...
closing price is 21=3. The other unlisted stocks are very dull,
Bnrplus reserve
5,702,400 Dec._580,675
7,251, S25' 20,410.400 Pipe Lines closing at 88 Jg.
"The sales of silver certificates have aggregated a considerForeign Exchange.— Exchange transactions have been of
only moderate volume this week, and the scarcity of bills has able amount this week, as follows: Saturday, 375,000 ounces
at 103M-109r>^: Monday, 855.000, at 109=!^-110: Tuesday, 155,kept the market firm, rates being raised yesterday
The shipments of gold have been only $630,000 since Saturday the 000, at WQM-Ji; Wednesday, 410,000, at 10Q%-}i: Thursday,
155,000, at im%-%; Friday, 130,000, at 109-109%; total, 3,080,l»th. Of the export engagements reported in this column
last 000 ounces, at 108^-110.
—
1
j
—
;
:
;
;
;
;
;
;
&
;
.
.
Jdi.Y 3U,
THE
IHIKI.J';
STOCKS-PBICES AT
N. Y.
Tue«day,
July 2;;.
Monday,
Jnlj
KK.
Ati^hlmiii Ti>i>.
8aiit» Fe.
>V
. . .
19.
July 21.
*0%
Mtoeks.
4S'8
7
44%
45''g
*6i9
7
81»8
Si's
*«»B
AtliinlloA
I'iulllc
Ciimnllaii I'ailllc
Ciiimilii fi.iMllicTii
.81^4
'SO"*
81%
Oenlrnl
32>«
Piiolflp
56% 60%
Chic. A Atl. Il.nof.Tr. RfC...
ChlraKnHiiiiliDrtonAQuliicy.
ChicaKi) .V Knstorn lUliiol.'t...
Do
73M
OhlpattoMlhv.iiiVee&St. Paul.
pref. •117'2
Do
,fc
Northwestern
Do
*lll
ClilcaKoUook Island A Pai-ltle.
0hlc8ifo8t.Loni9&Pllttl)urK.
Do
OO^s
Mm. & Om.
Do
*a2>a
pref.
CWo. &St.
Cleve. Cincln.
70'.!
L...
Do
pref.
CJoluniliH.oHoeklneVal. &T0I.
I>elaware
A:
Miuli^on
6.">%
43'4
132
45
45
94 "a
73ia
118%
om
it's
144
144
*32l«
99%
'aS^l lot)
30^ 31»«
31
100
100
32
32 >4
15
73Hi
100
32 14
88
73%
99%
741$
ll9%
Si's
32 1«
1681a I68I2
lOOh
i.
>«
45
45%
•7
714
S2% 82%
97
33
231%
Do
nref
Vaie Shore & Mich. Southern.'
Lonjt I.^iand
I«ul9ville & Nashville
iouis. New Alb. A Chicairo .. *45
Manhattan Elevated, conso!.. 'lOSia
26^
Mexican Central
*97
*93
Michiifan Central
MUwankeeT.akeSh. A
Do
A
St.
47
109
93
.
109
-0
7
"14
2014
73'a
pref.
14
17
2OI2
731a
20is
7378
ai'a
Missouri Pacific
21ia
105
Kashv.ClialtanooffaA8t,Loui8 *102
Hew York Central A Hud.son '108 109
MoblleAOhio
Hew York
Chic.
Do
Do
A St.
Louis.
latpref.
2d pref
* 1
. .
*71'2
*38'4
23'^
*65
50'4
Kew York Lake Erie A West'n
Do
prefKew York ANewEnitland....
New York New Hav. & Hart
Kew York Ontaiio A West
New YorkSusquehau. AWest.
Do
Hotfolk
Do
*202
19
*7i2
•13%
Do
8212
*24'4
*22ia
pref
Ohio A Mississippi
Ohio Southern
'
17
72'4
39
25 'a
5OI9
30»!i
205
2fi2
45% 45%
73% 74%
112
91% 91%
•13
•15
Pittsb.
A
West.,
i>ref.. tr.
*38
certs
Do
7378
•99% loo
31%
7313
73''8
5078
203
50
262
_
Bt.
Paul
A
„I>o
Texas *
Tol.
Paeltic
Ann
Union
Union
Arljor
Pacific
Pacillc
Wabasb
_. Do
I
wneelinK
A
•
AN.M...
'I
(
Denver A
o'uif '
>
la
33 ig
2OI2 22
36I4
61
25 14
24%
221a
8278
61 14
24 14
36 14
82%
221a
•22
33% 35%
821a 82%
lOJialOlia 103
44
46%
20%
4612
4714
221a
80
8II2
81 Hi
*23
-52 la
2412
4618
22% 2z%
40
531a
39
23
52
24
3i''s
*i;j's
•88
37
LakeErle...
pref.
Wisconsin Central Co
ntiirellatipoiis StiM-kK,
Anier. Cot. oil Trust receipts.
ChlcBtfo Ons Co
Citizens' fiasco., of Brooklyii
Colorado Coal A Iron
32i»
32%
20 14
20 14
4l»8
4178
4178
63%|
03% 04%
34% 35
9%
78
25
120
82
118
9%
28%
18%
110
87
47
109
0
•14
9414
111 14
7
17
20%
73% 74%
21% 21%
101%
•2014
102
40I4
24
8278
2514
23
103
4OI4
265
19% 19%
7%
33
7%
33
02
62
36 14 36%
82% 83%
2478 2314
•22
100
46
23
103
46
47% 47% 47%
20% 20% 2014 21
46
46% 45% 46%
•37
•37
40
39%
22% 22% 22% 2278
47
83
24
53
I314
130%
13%
81
81
•21
•31
120
"21
53% 51
123
135
14
35 14
48% 50%
24
33
120
"13'%
130%
13%
0314
111
33I4
32%
20% 20%
110
37
110
3314 33%
33
20%
111
37
111
33%,
2078
2078
42
41% 4178
63% 04
2078'
3873!
I
77% 77%'
•28% 29%
12%
13
41%
63% 63 14
35% 35% •35
12% 12% •12%
20 14
2578
26 14
26I4
38% 38%
77% 77%
28% 28%
38%
387«t
38% 3878
77% 77%
26%
39%
77% 77%
28% 28%
28% 28%
55% 5678
85% 86%
28% 29
55% 55%
4178
6278
28% 28I4 29
55 14
84 >4
55 14
83% 84%
4178
7678
•28
77%
29
28% 28%
55% 55%
84% 85%
I
55%'
8 J 78
AND SINCE
Week,
Friday,
July 29.
28I4
63%
36
13
2fli4
28I4
35 14 35 14
•12% 13
26I4
3878
80 14 88
126
32%
7%
126%
34
•23% 24
•65
•45
131
•18%
66
46
30% Jan. 19 90% May 15
4% Feb. 27 0% May 1»
71% Mar. 19 83% Hay 26
870 52% Feb. 27 61>«Juii« 10
3,200 115% Feb. 4 128% May 14
30 Mar. 27 30% May 17
2,706 22% Feb. 24 27% Jan. 3
414 58 Mar. 1 06% May 7
531 37% Feb. 21 46% July 13
70 129
134
6%
I414
45% 45%
1,230 101
%
20%
2,0(10
•93% 94%
28%
55
8778
330 24
29
55
Feb. 21'
5,445 41%
89% 37,281 08
1
1
,
I
:
-
~
e«e aretlip prices bid
li<
1
21
•|
83% 83%
and asked; no
20
83%
837»'
sale uiad»
19
21
83% 83%
84
84
the BoarO.
5 Prjcos
19
19
at,
21
19
96
21
83% 83%
19
8378
from both Exchanges,
I914
8378
f
I8I4 Feb.
53
Feb.
3678
10078
8OI4
May
May
June
19
14
26
20
26
6
4
26
26
10
10
10
May 12
July 21
May 14
149% Jnly 21
2014 May 15
56% May 15
101
32%
173
1 1
81
% May 21
May 21
27i4May 21
127 June 27
86
120
June 10
Jan. 31
12i4May 12
33% May 12
1978 May 15
08
Jan. 31
114% June 5
95
July 29
92% May 6
54% Mar. 10
117 May 16
31% June 4
104% June 6
104
117
Jan. 23
Jan. 23
May
20 May
20% July
7914 May
22% July
8
105
111
3
9
16
10
14
Apr. 22
June 3
1814 Jan. 27
73 May 5
42% May 9
29% May 19
69% May 23
52 14 May 16
270
June 16
22% May 20
9 May 10
34% May 12
2473 Mav 6
66% May 20
39% June 10
86
May 19
25% June 6
June 6
108% Apr. 24
56 Jan. 2
52 Juno 10
24 May 3
48% May 19
24
May
May
87% May
2478 May
53% May
41
28I4
120
JiUy
130i4May
1473 May
12
21
21
10
14
24
13
9
15
36% May
67 May 19
May 24
38% June 16
IO514
99 July 18
115 Jan. 9
37 14 Apr. 22
24% May 20
42% June 13
6878 Jan. 28
38% May 8
15 May 13
31% May 14
42% May 19
79% May 19
30% Jan. 1»
34% May 19
May 15
Mar. 13; 65
Mar.
Feb.
Apr.
Feb.
Jan.
Jan.
108% 100% 109% 110
109% 1(197^ 109% 10973' 109% 109% 109 109% 2,oJb,ooo 97%
75% 77% 73% 75%; 7373 75% 74% 78%; 77% 79% 77%
205,435 50
30 50% 50 50 49 51 •49% 50%' '49 50 49 78%
300 43% Mar.
50%
I
-19
79% May
123% May
117 May
148 May
98% Jan.
24
10
10
Feb. 20 89% July 25
3914 Jau. 2i 54% June 6
15 Jan. 10 33 July 16
92 Jan. 21IO714 May 16
36I4 Mar. 4 48% May 24
92% Feb. 1 119 May 21
13 Apr.
28% May 14
2t% May 19
16% Feb.
1
'.
Mar; 6 135 Jan.
Feb. 28 15% June
Feb. 21 111% May
Feb. 8 46% July
Feb. 8 99 July
997 70
24.090 06% Mar. 4
118% 118%
315 112% Apr. 9
112 112
1,340 107 Feb. 21
144 145%
.57 140
Feb. 5
91
91% 12,230 88% Feb. 19
•15
17
July 22
5 15
'4.3
40
25 43% Jan. 13
•32% 33
30 31 Mar. 6
02 Feb. 19
73% 74
5,055 66% Feb. 21
99% 99%
218 96 Fob. 17
30% 31% 11,2.33 18% Jan. 13
107 I67I4
615 147 Jan. 2
147% 149% 49,411 xl34% Apr. 2
•18% 19%
300 14% Apr. 1
50
56% 0,520 45 Mar. 26
•9% 9%
200
8% Apr. 14
'70
77%
50 67 Jan. 6
•23
24%
20 '4 Jan. 20
90 Jan. 17
80% 82
2,620 71 Feb 19
117% 117%
33P 114 Feb. 20
•9% 10
138
6 Feb. 19
28% 30
190 22% Mar. 4
18
18
200 17 ireb. 28
66 14 66 14
005 62 Mar. 1
109% 110
3,300 104% Jan. 13
95
95
19 80 Mar. 5
86% 86% 8,573 82i4Feb. 24
45 47
33 June 2
109 14 112
200 100 Jan. 14
2U% 26%
!,100 1778 Feb. 18
92 M*. 4
9378 937e
100 9178 Mar. 3
110% 110%
710 108 Apr. 8
'6
7
5% Mar. 7
14 17
12 Jan. 3
20% 20% 2,020 9% Apr. 23
73% 73% 3,028 69% Apr. 11
21 14 21%
2,800 13 Jan. 7
101% 103
102 Jan. 6
108 14 IO8I4
581 106 Feb. 19
10% 107s
520 16 Feb. 24
•71% 72I4
70 Jan. 7
•38 14 39 14
__
36 Feb. 21
26% 26% 1.970 23% Apr. 12
"63
....
59 Mar. 31
4878 44,680 43i4Jan. 7
48
'262
267
244% Jan. 10
19% 19% 1,832 1714 Mar. 11
-7% 8
120
6% Mar. 25
•33
33%
233 27 Feb. 27
19% Mar. 28
200 59% Apr. 14
30
3014
2,760 30 Jan. 13
82% 83I4 4.052 71% Mar. 19
•24 14 2314
1914 Apr. 11
•22
23
200 13% Apr. 17
102% 103
97% Apr. 11
280 43 Feb. 23
48
47%
10,301 33% Jan. 8
•20
21
200! 10% Jan. 17
40
45%
7,450, 33% Jan. 13
37 40
\«0 33 Apr. 21
22% 22% 5,049, 20 Feb. 21
•81
83
600 70 Jan. 18
•21
23
15% Feb. -27
•31
33
40 Mar. 3
117 117
125 104 Feb. 17
125 130
115 .;an. 7
'600 12% May 6
13% 13%
10 Jan. 11
36% Jan. 27
87% Feb. 11
37% 37%
450 31% Jan. 18
82% Jan. 18
111
111
"i'lW 110 Apr. 12
32% 33I4 2,100 29% Mar. 5
590 19% Apr. 12
20% 20%
41% 4J34I 1,600 30% Jan. 4
0314 63%l 13,7.50 61% Apr. 7
35
35
1,220 SJ%July 10
10;)! 12
-12% 13
Feb. 25
26I4 26%
1,950 25 Apr 11
39% 39% 1.4001 30i4Jan. 11
77 14 77 14
1,222 67 Fob. 24
28% 28%
400l 27% June 23
73% 74 14
.
Dnllion <'ertlflcates;!;
1990.
2,116
•7
^31
51
52
52
52
•3H4
5214
51
51% 51% 51
1,030
Colunilms A- HockinR Coal .!' •31% 32 14
31 14
31% 32
31% 81% •31% 32
400
Consolidated Gas Co
'100 101
• 100
100% 100% •100% 100% 100% 101
101
100 100
554
Dlstlllin!.' \- Cattle F. Co;'""
•43
4')% 45
•45
43% 45
43%1 -43
45%; 45
45
45%
100
fdlson G
ral Electric.
>I14 115 ;• 113% 114% 114
113
11414114% •114 113
.14%'
60
Laclede (Jas (.St. r.rt>iil.s)
•21
21
•21
23
24
•21% 22%|
23
22% 22% •21
1I>0
23
national lj-ad Trust...
21
21
2078 2114
2079 21
21
217,
21% 21% 21% 21% 22,345
Oregon Improvement Co
46 47
48
48
49
40
49
48% 40
40% 40
47
330 43%
Paelfie Mall
47I4
40U8 47%'
40% 47
46% 40% 4678 47% 47
5,840 36%
407e 47
Pipe l.luc Certificates V
8978 90 14
8978
89
89
89% 90
89% 88% 89
88% 8914 409,0 10 79%
PuUnnin Palace Car Co
210% 210% 216 218
21978 221
217% 220
220 222
222 222
2,471 187
Silver
Huirar KetlneriesCo
xennessee Coal A Iron
l>o
do
_
p'ref
Texas & Pacinc Land Tnist
Western Union Telepraph
1,
niKbeit.
49,493
82% 82%
57>4 57%
1«»0.
1.
Lowent.
Oliarea.
44% 45%
JAN.
BMge BInM Jan.
Balex
of the
!
90
'2618
34781
13
26
5478
82%
30% 36%
32'2'
aOSsI
26
•28I4
22 12
62
3573 30
81% 81
37
lllialllia 111
—
104
46
47
20% 21
45% 45%
37 40
21
46
39
45'8
33 3319
20% 21%
61 14
•24% 2514
221a 2313
23'4
2319
385i,
pref!'
93
110%
262
71a
92
38
100
*110>all2
32is
•20'4
41S8
633e
50I2
265
8
3318
!
1
50%
262
71a
Istpref.l '88
Duluth, coin..
*36
pref J '97
..
50%
265
8
331a
53 ^a
Paul -Minn. A Manitoba
Bouthern PiicillcCo
2119
73% 74
101% 105
'71a
,
.
17
201a
8
*32
Bt.
7312
201a
19%
83
.
7
191a
BomeWatertownAOedensbg '116
110
116
Bt. Louis Alton A T. H pref. '123
I3OI2 123
131
125
Br. L. Ark. .k Tex., trust rec' '12% 13»2| *12ia 14
•13
Bt Louis A San Francisco ..
'33% 35% 33% 3514 •33 14
Do
•01 14
pref.l '(13% 63% 62% 64%
„Do
14
19'4
50%
26I4 26%
21
20 la 20 13
20 la
317^
65% 00
109
19%
'81
23
47
109
27
•93
9414
1091a 111
6
74%
169% 109%
14878 149%
8678
1914
pref.
I>o
26>8
46
•32% 33
45
19 "a
pref.
Bio Gr.iude Western
94'4 '9314 941a
IIII3 110 110
*0
7
7
•14
20
17
94
191a
22% 22%
BiohniondAWestP't Terminal
109
17
•93% 94%
86% 87
•45 13
-
65%
112
144% 144%
11018 110
19=8
R y A Navieatton Co "103 104
Oreeon 8h. L. A Utah North..
Oregon A Trann-Continental.
40'% 46%
Peoria Decatur & Kvansville
*20% 2112
45''e
47
109
27
93
I414
108
107 13 108
10778 108
•1071a 108
I6I4 I6I4
1658 17
lO'e 16'8 •16% 17
711a 72 14 7II2 7^14 •711a 7212 '71% 72 14
38 '4 39 14 38 14 39 14 38% .3914 •38% 39I4
26 14 2618 2618 26I4 2014
20 Is 26>4 26
•65
•65
•65
65
...
Oretton
Phlla.A Head. Vnt. Trust. Cert.
86%
109''8
132
108
35% SCe
82%
Forthern Paclilo
45
101% 105
20
01%
pref
8UI2
47
94
2I14 22
32% 32% 33
pref.
A Western
"a
593
8616
94
108
1081a 109
26''8 26'6
26%
2li%
99
*6
Louis
A Tex., all ass'nt paid
Mo. K.
88''8
94H.
We.'t..
pref. "lOaifl Ill's
Do
Minneapolis
93
t86i4
45
9414
*63i9
237^
!»,
107 14 107% 107'4 IO7I4
.
63^ 63% 65'^6 60% 66%
10»% 109% 109% loa's 110
34
06% 65%
45% 45%
148% I49I4
Delaware l.nckawaiiuaiKWeal 148'* 148'9 148^3 149>a 148% 149
19 14
18"8 18'8 I8I3 19
'18
19
19
18'4
Denver vV UU> Grande
5518 351a
.59%
53 '4
55% 56
351a 56
55
Do
pref.
Hig 9% *9i8 9%
9»4
'9*8
«'2
9^ •9%
But Tennessee Va. A Ga
78 la 78
Do
1st pref. *76'a 78I3 76>« 78>3 *76ia 781s *76
24 25 '4 24 25 *23<s 25 •23
ii5
Do
2d pref. *24
'124
*124 126
124 120
124 120
126
Bvansvllle A Terre Haute....
82 83 811a 8212 82 82 '•'8i'%
*»2
Great Northern, pref
83
ll&ia 11714 II7I2 116
*lltj
118
'1161a 1181a 110
lUlnois Central
914 10
914 10
914 10
*9'4 10
9%
Iowa Central
3028 30 •28 30
"aTHi 30
28%
271a
Do
pref.
I8I2
*18
1S>2 18
18"s 18
18% 18% •18
Iiake Erie & Western
*65'2
109»»
94>4
88>s
57
125% 120
119
441a
40
7314
74>e
32 14
-43
74%
73%
118
July 24.
•93% 95
95
144 1491a
90»e 91%
'19
17
'45
46
13
441a
32 14
73
7o'4
45% 46
lil>alim
90% 91
32I9 33
I414
JLXY
Thuriiday,
130
183
112
91>(i
OS
'1S>9
107 "a 10718
145>a
901a
'I5ia
l?^
7>4
821s 82>s
57»4 57«4
120 12ai«
'33
34
24
2418
65>i 651a
49^8 46
95
73%
117% 118%
111%111% 112
4d>8
6>fl
133
45 14 40
94
93
74
92 >«
US'4 118
*44
47>a
*32 "« 33
.
24ie
•ISia 1414 -I3I9 141s
loa'a 100T8 lOO'e 100 '8
M5>« 144
"l.Ta
nret.
CTiloBKo St. Paul
'i'ih
ll'i
pref. *144
120
34
73%
»3
»3
prof...
Cblcnico
'32'ii
*13'4 14'4
IWJHi lOH>a
44'a 45
4S
82% 82%
50% 50%
87J4
las'* 125
34
Wodoeaday,
July "'
33.
44 >« 45
•O"!
7
125 '4
125
*32ia
34
24
24^1
24
24 ^
i*U
CliewiipnikcAO.— Vot.Tr.cert.
05%
/>o
do l«t pref.. "O??) 65;, •OS's 66
'45% 40 >4 45I4
IWpref... ;4<''e 4»>'s
l)o
ilo
•130
*130 ISU
132 133
ChloWfoA Alton
12S
Cciitnilc.rN.-w Jersey
107
STOCK EXCHANGE FUR WEEK ENDINU
aiamtsT amo lowbbt priceb
STOCKS.
Aollvr
CIIKONICLE.
200
2.344
Mar.
18% Apr.
^
ila
x81% Mar
Lowest price
is
54
May IZ
47% July
108 14 Jan.
222 July
110% July
95 May
89 Jan.
119 Jau.
18
21
24
Iff
21
7
27
23% May 20
87 May 14
ex dividend.
THE CHRONICLE
108
tE
continued,
INACTITE STOCKS—Qnotations
Ask.
Bid.
Bid.
Ask.
Bid.
[
D. M. & F. D.pf
Flint* P.M....
G.B. W. &8t.P.
prcf.
do.
30
34
M.H.&Ontpfd.
Mer. Nat. cert.
ais Mllw. & North.
60
Bell.ASo.ni.pf! 120
JHoiu.&Tei.C.
4
5
Bo8.AlrLine,pr;i07
illl.C.leasedrs.
9S
3
9
14
29
9
IB
IH
32
__
0.&T..tr.corts
[Peoria & East.
35
3
156
•Burl.C.K.aNo.
Ced. F. & Minn.
CI.&
:Keok.&DesH.
Kings. &Pemb
Ala L. E. & St. li. c,
pref.
do,
37
TTJs 80
35
26
Pitt3.(fu..
Col.&Gre'n.pf.'
BesM.&Ft.D.I
pret.
do.
1
Mab.C.E'y.pf.
8
HMar.H.&Ont'n
Sange
Julyl8]July25\
since Jan. 1.
83ie Mar.
85
66
1989 6714
68, 1910 18isb. 18ia
lab.
80
79
Guar., 48, 1937
107
<3an. South.— l8t guar., 5s, 1908 107
100 b.
99?ib.
2d, 58, 1913
'Central of N. J.— Cons. 7s, 1899 117'sb.'117'4b,
124'ab. 124^b.
Convert. 78. 1902
llO's
Ill
General mort., 53, 1987
AtTop.&S.Fe.— lOO-y'r 4s,1989 85
54% Feb
lOO-year income 58
Atl. & Pac.— W. D. inc.,
12 Jan.
7012 Feb.
May
May
2414 May
82% May
88
70 14
xlC638July 110
97 Mar. 100 14
1181a May 122
1241a Jan. 128
110i4Jan. 113%
Mar. 116
11412b. 113
103^ a. 102 May 105
I.eh.<& W.B.. con. 78,1900,as'nt II412
do. Mortgage, 58, 1912
1071a
Am. Dock & imp., 5s, 1921
11278b. 112'8b. 112
Central Pacitic-Gold 6s, 1898
101 lab. lOlSfeb. I0014
Land grant 68, 1890
II512
Ohio.— Mort. 6s, 1911
Ches.
99'8
101
lOOia
Istconsol. 55. 1939
&
82
July
77
May
108
124
Mar. 113% Jan.
July 129 June
10214 May
9278 Feb.
911a May
C
Denver it Rio Gr.— Ist, 78, 1900 117 b. 118
82 14
82 1
Ist consol. 48, 1936
X)et. B. C. & Alp.— l8t,g.,6s, 1913 100 a. 99
Det. Mac. & M.—Ld.gr.3>28, 1911 36 %b. 37 a.
Dul. & Iron Range—Ist, 5s, 1937 98%b. 100
Dul. So. Sh.& Ati.— g., 5s, 1937. 98
98 lab.
JE. TeUD. V. & G.— Con., 5s, 1936 106i2b.'l07ia
I
— lst,6s,gold,1925
& Big San.—6s, 1902.
& Denv. C— Ist, Os, 1921 105%
Cal H.&SanAnt.— W.Div.lst,5s
Han. & St. Jos.- Cons. Os, 1911.
11014b.
9414a.
105
9312b. 95
b.
117iab. llSiaa.
Illinois Central— 4s
1952 101 b. 10014b.
114iab.
Int. & Gt. No.— 1st, 6s, gold, 1919
Coupon, 68, 1909, trust rcc... 83
81
Iowa Central— 1st 5s, 1938
86 %b. 88
Kentucky Cent.— Gold 4, 1987
82 b. 84
Kings Co. El.— Ist.ser. A, 5s,1925 102l8b.!102l8b.
.
Gas— Ist, 5s
1919 83%b. 83
& West— 1st, g., 5s, 1937 110
111014a.
Kiacledc
li. Erie
Iiake Shore.-Con.cp.,l8t,7s, 1900 121i2b.il21i2b.
Consol. coup.. 2a, 78, 1903
125 a. U 23 lab.
I/ong Island- Ist, con., Ss, 1931 llSiab. 11314b.
General mort., 48,1938
93isb. 9414b.
I.0UI8V. & Nashv.— Con., 7s, 1898 liyiab. 1161a
U. O. & Mob.— l8t,6s, 1930. 117 b.illO b.
do.
2d, 6s, 1930
110 b. 110 b.
E. H. & N.— l8t, 68, 1919.... 113 b. 113 b
General. 68. 1930
1151a llSisb.
60-year 58, 1937
Jtetro.
Elevat«d— 1st, 6s, 1908
2d, 6s, 1899
SUcb. Cent.— Ist, con.,
78,
1902
113>ab. 1141a
10714b.
125%
Consol., 59,1902...
108
aui. Lake Sh. & W.— Ist, Os', 1921 12l%b. 122
b.
76% Jan.
100
Jan.
98% May
129% Mfiy
11634 June
11838 Apr.
109i4June
103% June
June
Juue
106
106
96%
144
129
117
Apr.
Jan.
May
110%
112
Feb.
Feb.
Apr.
Feb.
108%
101% June
99% June
132 May
106% June
104% Mar.
123% May
97
Jan.
Feb.
135
125% May
108
88
Jan.
July
89% July
Feb.
84% June
99
35
99
92
Mar. 100 Jan.
Mar. 39% May
July 102=8 Mar.
Jan. 101 May
103% Jan. 108 Apr.
108% Jan. 113 .lune
90% Apr. 104 Jan.
103% Feb. 110 May
93 May 95% Apr.
116 June 121 Feb.
IOOI4 Apr. L0214 Mar.
IO914 Jan. 116% May
7314 Jan.
89 May
85 Jan.
91 May
82 July 85% June
102 July 105 Jan.
81 Mar. 89 May
109 Apr. 112% June
12214 July 128 May
122% July 128 May
114 Juue 118 July
94 June 99 Jan.
115 Jan. 119% Mar.
II514 Jan. 121% June
106 Jan. 110% Feb.
113 Jan. 116% May
113 Jan. 116% May
109% June
104% June 110
114% Jau. 119
95% Apr. 105
9714 Feb.
112 Jan.
10578 Feb.
125
108
Feb.
Feb.
Jan.
July
104
119% June 123
aii4
"a"
Apr.
105 14 Jan.
113% May
113i4May
Juue
82
557e
8838
May
May
76% June
113
120
103
117
67
Apr.
Apr.
Jan.
Mar.
Apr.
July
»il«9
wms
101%
Ask.
25
Consol.CoalCo.
Homes. Min'g.
Laclede Gas.pt
5
I
153
Marshall Coal.
»«
Mary'd. Coal..
13
Minn. Iron
?5»3
New Cent. Coal 10
Ontario Silver
44 Ja
Penn. Coal
275
Ph.Nat.GasCo.
31
4
104
27
lOH
69
88i<
12
3()(t
6319
7%
39
40ia
71 14 71''rt
WeUsF.&Co.E.I 141 116
Range
Closing.
RAILROAD AND MiSCKL. BONDS.
1
15
6%
Quicksilv'rMjf.
do.
pref
III2 U.S. Express..
STOCK EXCHANGE. AND RANGE SINCE JAN.
JiUy 18 JtUy 25
1,
1890.
sinte Jan. 1.
Lowest.
Bighest.
I
Nash. Ch.
& St.
L.— Ist,
7s,
1913 128 b. 128 b.
109%a.'109 b.
1893 102% 102%b.
1903 127 b.ll27i4b.
Cousoa. 5s, 1928
N. \. Central— Extend., 5s,
N. Y. C. & H.— Ist, cp., 78,
Deb'nt're, os, coup., '84,1904
N. Y.& Harlem— lst,78,reg., 1900
N. Y. Chic. & St. L.— 1st, 4s, 1937
N. Y. Elevated— 1st, 7s, 1906...
Y. Lack. & W.— l8t, 6s, 1921.
Construction, 58, 1923
N.Y. L.E. & W.— lst,eon.7s,1920
.
Long Dock, 7s,1893
Consol. 6s, 1933
2d consol. 68, 1969
& W.— 1st, 6s, 1914..
Consol. 1st, g. 58,1939
N. Y. Sua. & W.— 1st ref ., 53, 1937
Midland of N. J.— 1st, 68, 1910
Norf. & W.—l 00-year 5s... 1990
North. Pac— 1st, coup., 68, 1921
General, 2d, coup., 1933
General, 3d, coup. 6s, 1937
N. Y. Out.
xl28 July 1133
106% Jan. llll
10138 May 104=8
12738 July 132
110 Mar. 113%
Jan.
May
Apt
May
May
125%b. 124% May 128 Apr
94
93 May
97 Jan.
113 b. 112% July 117% June
X 131 July 134% Apr.
112 a. 111% Feb. 112 May
136 b. 134% Apr. 139% Jan,
10714b. 107 14b. 107 June 11914 Mar.
120 b. 120 b. 119 May 122% Jan.
103 b. 10314b. 9838 Mar. 107 May
125 b.
94
113 b.
130%b.
112 a.
135 a
112%
112%
11038 Mar.
113% Feb.
97%
96 Mar. 101 May
97%
98%a. 97 %b. 96% Apr. 10138 June
116 b. 115 b. 113 Apr. 118 Feb.
96%
95 Mar. 99 14 June
96%
11514b. 115i.tb. 113% Jan. 119 June
114 b. 115 b. 110% Apr. 114% Feb.
110
IO914 Jan. 113% May
North Pac.&Mon.— 1 st, 68, 1938 109
109 b, IO414 Mar. 110% Apr.
No. Pac. Ter. Co.— 1st, 6s, 1933. 109%
109 %b. 106 Jan. 113 May
Ohio & Miss.—Consol., 79, 1898. 113i8b. 113 h I1314 July 117 June
Ohio Soutuem— 1st, 6s, 1921 ... 107i8b. 107 b. 106hj Juue 111% May
66 %b. 66%b. 59 Apr.
Gen. mort, 48, 1921
68 May
Omaha & St. L.— Ist, 4s, 1937.. 79 a. 79
73% Jau. 80 Juue
Oregon Imp. Co.— Ist, 6s, 1910. 103 b. 103 b. 101% Jau. 106 May
Ore. R. &Nav. Co.— Ist, 68, 1909 109S8b. 110 a 109
Feb. 113 Jan.
101 %a. 101% 100% July 104% Mar.
Consol., 5s, 1925
Oregon &Transcon' 1—68, 1922. 106 14 106 3bb. 10334 Jan. 107% Apr.
Penn. Co. —4%9, coupon, 1921.. 108 a. 107%b 107 July IIOI4 Mar.
Peo.Dec. &Evau9.— lst,63, 1920 103 b.
101 Jan. 109 Apr.
Evansv. Div.— Ist, 6s, 1920... 103 b. 103 a. 100 Mar. 100% ftlar.
2d mort, 53. 1926
69%b. 68 b. 66 Mar. 74 May
Peoria & East, consol. 4e, 1940.
82%
82%l>. 82% June
85 Juue
32
Income, 4s, 1990
32 a. 30 July 34% June
Phlla. & Read.— Gen. 4s, 1958.. 83
83
80% Mar. 87 Jan.
Ist pret. iucome 5s, 1958
73
62 Mar. 80% Jan.
73%
2d pref income 59, 1958
5514b. 55%b, 43% Mar.
58% May
3d pref iucome 5s, 1958
43 %b. 43 b, 36 Mar. 49 Jan.
Pittsb. & West— Ist, g., 4s, 1917 79%b. 79%
7934 July
83 May
Rich. ,& Dan v.— Con., 69, 1915 .. 116 b. 116
115% Jan. II8I4 June
Consol. gold, 5s, 1936
92 %a. 92 b. 87% Apr.
94 June
Rich.&W.P.Ter.—Trust 6s, 1897 101% 101%
98% Mar. 103 Jan.
Con. l8t & col. trust, 5s, 1914 78
77 Mar.
83 May
78%
Rio G. Western— Ist, 48. .1939 74%
75 14
78 May
697s Mar.
R.W.&Ogd.— Con.,ext,5s, 1922 109 b. 110
107% Apr. I1214 Mar.
St Jos. & Gr. I8l.— Ist, 6s, 1925.
106%b. 104% Jan. 107% Apr.
St L. Alt & T. H.— 1st, 7s, 1894 10914b. 110 b 110% Jan. 113 Juue
2d, mort, pref., 7s, 1894
109 b, 109%b. 105% May 111 Jan.
StL.Ark..fcrex.— l8t,63, t'st rec. 91%
91 b. 86% Mar. 9838 May
2d, 6s, 1936, tr. recall ass.pd.
3238 May
28 May
28
St L. <k Iron Mt— 1st, 7s, 1892. 105%b. 105% 104 Feb. 108 Jan.
2d mort, 78, 1897
109 b. 108 b. 106 May IO914 Feb.
Cairo & Fulton— 1st, 78, 1891. 100 %b. 100=8 100 July 10334 June
Cairo Ark. &Tex.— Ist7s,1897
105 b. 102=8 Jan. 107 May
Gen. ll'y & laud gr., 5s, 1931. 04%
94%b 88 Jan. 95% July
St L. & San Fr.— 63, CI. A, 1906 115 a. 110 b I1214 Feb. 115 June
68, Class B, 1906
11334 112 May 115 Apr.
6s, Class C, 1906
112 May 1 14% Apr.
114
General mort, 6s, 1931
Ill b. 111 b. IO914 Feb. 115 June
S. P. M. & M.— Dak.Ext, 6s, 1910
11778 Feb. 120 Mar.
Istconsol., 69, 1933
119 b. 11914a. 115% Jan. 120 Jan.
Do
reduced to 4%9
101%
100 Feb. 102% June
Montana Ext 1st, 4s, 1937
90 b. 90%
86% Jau. 92 June
San A.&Arau. P.— l8tg.,6s,1916 72
70 b. 70 July 88% June
Ist, gold, 63 1926
73
90 Juue
70 July
73
Shen. Val.— Ist78, 1909, Tr. rec. 125
125%b. 113%Jan. 123=8 June
6OI4 June
General 63, 1921, Trust rec.
58
56 b. 48 Jan.
So. Car.— Ist, 6s, 1920, ex coup 100
101 b. 96 Jau. 100% May
Income, 68, 1931
11
7% Jan. 1 214 June
So. Pac., Ariz.— 1st, 6s, 1909-10 103
105% 105 July 108 Juue
So. Pac., Cal.— Ist 68, 1903-12.. 11514b.
112 Apr. 115 Jan.
. .
.
.
. .
1st, consol., gold, 5s, 1938. ..
Pac, N.
Ist, 63, 1911 .
Teun. C. I. R.y.—Ten. D., 1st, 6s
Blrm. Div., l9t 6s, 1917
1st, gold, 53, 2000
Tex.
2d, gold, iucome, 5s, 2000
N.
Tol. A. A.
Ist 63, 1924
So.
M.—
&
& Pac—
& M.—
Tol. A. A.&Gr. Tr.— l8t,6s, 1921
Tol. <fe Ohio Cent— 1st, 5s, 1935
Tol. Peo. & West— l8t, 4s, 1917..
101 b. 101 b. 100% Apr.
10578 106
I0514 Ju.y
9814a. 98 14a. 96% Apr.
98 %a. 98% a. 98% July
02%
90=8 Jan.
9278
41
4114b. 37 '-2 Apr.
Union Pacilic— 1st
6s,
1899
Sinking fund, 8s, 1893
....
102
108%b. 108% 107
108 14 10814a, 102
78 b. 78I4
70
Kansas PaciUo— 1st, 6s, 1895
1st 6s, 1896
Denver Div.— 6s, 1899
Jau.
Jau.
Jau.
97%
9938
10338 Mar.
109
Ill
do
stamped guar.
gold, 5s, 1939
2d mort.. gold, 5s, 1939.
Debeut M., series B, 1939
114%b. 1147eb, 114% July 118% Mar.
113i8b. II414
112
b.
112% .Mar.
112 b 110% May
11078b. 111
b.
114
b.
114
88 a. 88
10l%b. 101%
81%
...
48%b.
West Shore— Guar., 4s
IO414
West N. Y. & Pa.— 1st, 5, 1937 99 b.
2d mort, 3g., 5sc., 1927.
West Un. Tel.— Col. tr., 33, 1938 i'06'"
Wheel. & Lake E.— lat, 5s, 1926
Wis. Gent Co.— 1st, g., 5s, 1937
99 a.
.
tii.
gtt«
Priee»
Juue
IO8I4 July
80% .May
June 101 Jan.
110
113
Jau.
Jau.
16% Feb.
II214 July
1
113% Mar.
117% Mar.
Istcousol., 6s, 1919...
115%b. 115%b. II314 June 118
Greg. ShortLiue— l9t,68, 1922 114%
114%b, 112% Mar. II6I4
Or.S.L.AiUtahN.— Cou.5s,l919 94 14
9314
9234 Apr.
94
Union Eleva.— Ist, gu. 6s, 1937 10834 10878b. 10614 May 10938
Virginia Mid.—Gen. m., 5s, 1936 8538b. 85
88%
85 Mar.
Wabash- 1st
June
10434 Jan.
103% Jan.
96% May
45% May
May 107% Jan.
lOlisb. 104
Tol.8tL.&Kan.C.— Ist6s,1916 99%
May
117
110
Apr.
May 129 Apr.
July 111% Mar.
Exteu. & Imp. s.f., 68, 1929
104 b. 10414 101 Jan.
MUw. <k North.- M. L., 68, 1910 Ill b. 111 b. 109% June
iBt, Con., 6s, 1913
Ill b. Ill b. 108% Feb.
Ho.K.&T.— New4s, when issued 80 14
801$
75% Mar.
Mew 2d 58, when Issued.
52 b. 43% Apr.
511a
Consol., 68, 1920, trust reo.
85
8414b. 72% Jan.
Consol., 5s, 1920, trust rec.
73 14
73i8b. 61% Jan.
]Co. Pacific- 1st, con., 68, 1920 llOiaa.
109 May
3d, 78, 1906
114%b.
114% Jan.
Pac. of Mo.— Ist, eit., 48, 1938 99%
99%b. 98% Jan.
2dmort.,79, 1891...........
xlOO July
ICobile & Ohio—New, 6s. 1927
114
114 b. 113 July
General mort, 4s, 1938
65 14
66
5714 Jan.
MntuBl Un. Tel — s f.. r« iqiV 104
lO'TScli too
ATnv
»0T»-xiie letter "b" ladioates price 6W,
96 July
94i4Apr.
117% May 119
108 14a. 105% Jan.
Collat. trust 5s, 1931 .
10512a. lOSiaa.
TiOUlg. N. A. & Ch.— 1st, 6s, 1910 113 a.
COU80I., gold, 68, 1916 . .
10412a. 104
I«ul8.8t.L.& Tex., Ist g.68. 1917 103 lab. 103^8
10578 Apr.
116% June 118% June
116 Apr. 121% Jan.
.
Knoxv. &0
73% June
July
82
95 Feb.
90% Jan.
124=8 Jan.
113% Mar.
113 Jan.
Ist, Ch.&Pac.W.Div.—58,1921 106£|ib. 107 b. 105% Jan.
101% July
Chic. &Mo. Riv. Div.— 5s,1926 lomb. 102
104 b. 10414b. 103 Jan.
Wis. & Minn. Div.—5s, 1921
Mar.
10312b. 10414b. 103
Terminal 58,1914
9138 July
series A.. ..1989 92 a. 9138
Gen. M.. 4s..
140 b. 141 May
Chic. & N. W.— Consol. 7s, 191o
125 b.l26 b. xl2434J'ne
Coupon, gold. 78, 1902
116iab. 116iab. 114 Apr.
einkmg luud 63, 1929
lOSkb.lOSHib. IO6I4 Apr.
1929
Sinking fund 58,
Sinking fund deUeut. 5s, 1933 10958b.:109 b. 109 Jan.
105iab.ll05iab. 104% May
25-year debenture 5s, 1909
lOOiab.'lOO a. 96 Jan.
Eitention 4s, 1926
99 b 91% Jan.
Chic. Peo. & St. L.— Old. 5s, 1928 991a
Chic. K. I. & Pac.— 6s,coup.,1917 128 b. 128 b. xl28 July
10314 10314b. xl03%July
Extension & col. 58, 1934
100 Jan.
eh.St.L.& Pitt.— l8t,con.5s,1932
I19iab. xll9 June
Chic. St. P. M. &0. -Con.6s,1930 119
94 b. 91 May
94
Cleve. & Cauton— 1st, 58, 1917
130iab. I3014 July
C. C. & I.— Consol. 7s, 1914.
121iaa. 122 a. II714 Feb.
General consol. 6s. 1934
106 a. 103 Mar.
Col. Coal & Iron— Ist 6s, 1900. 106
87%
73 Mar.
Col.H.Val. &T0I.—Con. 5s, 1931 87%
88I3
89 14
General gold, Os, 1904
73 Mar.
Ft. W.
July
Jan.
Feb.
Apr.
Jan.
Apr.
67I3 Apr.
C—
Eliz. Lex.
Feb.
Jan. 110% June
Jan. 11634 Mar.
Apr. 10278 Mar.
Jan. 118 Feb.
May 103% Apr.
691a Mar.
71 %b.
& A. Dir.,letcon..2-4. 1989 72
do. l8t con.g., 4, 1989...
73 Mb. 7414b.
2d con., 3-4, 1989
112 a.
Ches. O. & 60. W.— 6s, 1911..
Chic. Burl. & Q.— Con. 7, 1903.. 124 b. 124 b,
102 lab. 1021a
Debenture 59, 1913
Denver Division, 48, 1922 ... 95'4b. 95 b
1927 91'ab. 9114b.
Nebraska Extension 4s,
Chic. A- E. 111.— 1st, s. f ., 68, 1907 II6I4 115%b.
120 b.
CoDsol. 6s, 1934
General consol. 1st, 5s, 1937.. 97 lab. 98I3
g,5s,1937 92 b. 92 la a.
Ist,
Chic. Gas. L. &
Chic. Mil. & St. P.—Con. 7s, 1905 125'4b. 125i8b.
l8t. Southwest Di v.— 6s, 1909. 113 b.'llS b.
113iab. 11338b.
l8t. So. Min. Uiv.,-6s, 1910
B.
1
Cameron Coal.
Commer. Cable 101
Man. Beach Co
;
53>3l
Highest.
Lowest.
70
;
Pitts. <tW.tr.re
N. Y.
J
"29 "la Amer. Eipr...! 116
84%
Amor. T. &C..
4a
29
Brunswick Co.
18
II
Cloting.
SAILBCkD AND MMCEL. BONDS.
47%
Bid.
I
69
89
I
!Pltt3.Ft.W.&C 155
BONDS -LATEST PRICES OP ACTIVE BONDS AT
Ask.
Bid.
Tol. & O. Cent.
pret.
do.
Va. Midland...
Adams Expr..j 150
14
157
27
29
184
5913 Renns. &8ara. 180
45
35
..list.L.Alt.&T.H.
2% 4
80 nth Car. R'y
15
1
35
33
7
«
6H
Morris & Esser
N. y.&Nor.pf.
BiiltB.&I'itta.
pret.
do.
95
87
7
MO
31
Indicates actual sales.)
Ask.
I
Alb'nr&Susq. 171
B»lt.&0. S.W.
(t
[VOL. LI.
82%
86% June
90
101% July 105 14
80 14 Feb.
86%
Mar.
Jan.
Jan.
Apr.
Apr
Apr.
Apr.
Jan.
Mar. 57 May
103% 103% July 106=6 June
99 b. 92 14 Jan. 10214 June
40 May
36%b. 29 J.in.
99 Mar. l(t'i% Jan.
99%
Apr. 107 June
102%
<i7%b, 9678 Jan. 104 14 Apr.
-.T.il
69 Jan.
56%
49 b
47
M4 ttie range we trom aetoiU sai«i
"x" ex-latereati
JOLY
S6,
THE CHRONICLE.
ISO]
1Q9
BONDS-STOCK EXOHANttE QUOTATIONS ON FRIDiT OF THE LESS ACTITE RAILROAD BONDS.
Railroad
fSiorl^-
E. Tcnn. Vn. A Oa.— (Continued)—
llontls.
KxchnrK/e VrirtLf^
...1928
(J8
1st K., (is.lOlT,
DiHiv
•
Aliilmnm Mlil.-lst, c.
—
Mobile
90
06
88
.
Allniitio A
Atl. A ruc-^dW. l)..KU.<ls,.l»07
A Ohio— iHt, 0», Park B.1019
fts,
II
(torn
Rlv.— 1st
(rti.,K.,5!<,
1919
Cirek— Ist.Kolil, 4«....193B 85
Boat. II. Tun. &. W.— Ueb. r>».1913
Bronklvn Elev.-lst, «., 08..'n924 110
1913
2<i. 3-5»
BuB. Roch. & IMtts.-Oen., 58.1937
1921 121
Koi'h. A Pitts.— 1st. (is
t'ousolidivfd I9t,(i.s.l9-i2 116
do
08
Burl Od. Uap. A No.— Ist, 58.1906
Beei'li
C'onsol.
Minn.
Iowa
A
A
C.
I'dllat.
gu..l927 110
A West.— l8t, 78. ...1909
Cod. Rap. I. F. & N., Ist, 68.1920
1921
l8t, OS
Central Ohio Reov.— 1st. 4ii!8.1930
lst,i-x.4'...».193fl
Col.A C'iii.Mia
Cent. RR. A Bunk.— Col. b.5s.1937
•
90
00
8S
Ask.
BECURixnes.
92
Northern PaolHc- (Conllnued)—
CoDurd'Aleni. gen. l9t,g.,68. 1088
'1131«
117
117
109
117
1897
1019
1023
1020
1928
1020
1908
1916
136
I
118
118
}.
:
103
ISi
108
108
120
no
115
1121a
75
Genernl59
Ohio River RR.— 1st, 58
General mort., gold, 58
'Ohio 80.— Iseoine, g., 6«
Oregon A Calltorula— Ist, 58
I
100
. . .
!
107
•118
il
110
115
!
'lOregon Inip't— Cons., g.
•
100
1908
1967
......
99%
Clinch Val. Ist 5»
Ogd. A Lake Cli.— l8tcon.68..1920
Ohio A Miss.- Cong., S.F., 78. .1898 113
IIII4 II2I4I
1911 123
2dcoii80l. 79
1905
93
90
Springfield Div.— l8t 78
i
104*4 Gal. Har.
Cent. Washington— l8t,g..6s.l038
Norfolk A West.— General, 68. 1931
1932
Now River, 1st, 68
1934
Imp. A Ext., (Is
1024
Adjustment .M., 78
Equipment, 58
1
113''8
100
19,32
1936 100
1937
1921
1 927
58... 1939
91
.
'Oreg.RyANav.— Col.tr. g..59.1919 •101% 103
108
120
Penn.RR.-P.C.A8.L.-lat,c.,78.1900
Ist con. gold, 59
1939
Fla. Cen. A Pen.— 1st g. 58.... 1918
*
Bid.
141
Income, 6.9
1977
1908
Buff. A S. W.— MortK. 68.
Jefferson- 1st, ku. k. .'is
1909
118
Eureka Springs R'y— l9t,68.JC.1933
OOI4 Evan. A T. II.— 1st, cons., 68.1921
Ollg
1923
Mt. Veniou- l8t68
Evans. A ludlan.—lst, cons.. 1926
Flint A P. Marq.— Mort., 68. ..1920
1
triist,58...1934
Ht. I,.— 1st. 7s,
Birui.— 1st, k.,S8,-1037
2d, extended, 59
3d, extended. 4l-.^»
4th, extended, 59
5th, exteiuled. Is
l9t, C0U8., fd. coup., 78
Beorg., Ist lien, (is
B. N. Y. A E.— Ist, 79
N. Y. L. E. A W.-Col. tr.,6B.1922
Funded coup., 58
1969
Con*, mort,. eold, Sn
H. A (). 8. W., 1st. »., •11.,»...1000
Mo:i(iii.
A
Alabama ('enlral—lBt6*...1018
Erie— 1st, extended, 7»
'
90 [100
1181a 120
loas 108
1988 109
Bait.
Bid
SECURITIES.
Aak.
Bid.
SECl'RITIES.
Pitts.
Ft W. A
C—l8t, 78... 1912
143
140
137
1912
2d, 78
1912
3d, 78
Clov. A P.-Cona., 9. fd., 73.19')9
1892
4tb, sink, fund, 6s
St. L.V. & T. H.— Ist, 6n., 79.1897
1898
2d, 78
1898
2d, guar., 78
A San Ant.— l8i, 68.1910 102 13
*
140
127
,
08ia|
1905
102
1021a
100
1931
96I3:
11256
93
Ga. So. A Fla.— Ist, g. 63
1927 OS
Sav.A West.- Ist i'on.(rtd.5s.l»29
110
Grand Rap. * Intl.- Gen. 58.. 1024
Cent, of N. J.— Conv. deb., tis. 1908 117
110
100
1091a JGreenB. *. ABt. P.— Ist 68. .1911
Central PaolHc— Gold lids, fis, 1895 109
11058
subs, paid
Pco.AE.-Ind.B.AW.-l8t,pf.78.1900 •115
2d income, let
1896
Gold bonds, Gs
Ohio Ind.AW.—latpref.Ss.. 1938
Housatouic- Cons, gold 5s.. -.1937 •105
Gold bonds, 63
1 897 111%
N. Haven A Derby, Cons.58..191?
'Peoria A Pek. Union— lat, 68.1921 112
Ban Joaquin Br., 68
1900 111
67
113^8
1921
Houa-ATex.C— l8t, in. 1. 78.Tr.Tec.
2d mort g., 4 las
Cal. A Orev'on—8cr. B. 68. ..1892
* 44
114
02
Phila. A Read.- 3d pref. convert
West Div. 73,Tru9t recclpt8.1891
Mort. itold 5s
19-J9
1932
Pine Creek Railway— 6a
lat Waco A Nor.— 7s
1901 106
West. Paeine— Bonds, 6i. ...1899 lllia
Pitts. Cleve. A Tol.— l8t, 6s.. .1922
2d m.Ss.M. 1. Trust receipts. 1913 1131s 118
No. Railway (Cal.)— 1st, 68.1907
••-••
1922
Gen. niort.6s,Trustreoelpt8. 1925
Pitts. Junction— Ist 63
721a 78
SO.year 5s
193* 100
108
1932
Pitta. Mc. K. AY.— Ist 6s
Ches. A O.— Pur. M. tun;l, 68.1898 11158 112«8 Illtnois Central— Ist, g., 48 ...1951
96I3
95
l8t, gold, 3123
1951
Pitts. Palnsv. A F.— Ist, 5b... 191
1908 lie's
68, Kold, series A
85
Spriiigf. Div.—Coup., 6s.... 1898 110
Pitts. Y. A Ash.— Consol. 58. .1927
Ches. O. A .So. West.— 2d, 6s. .1911
95
1921*116
Presc't AAriz. Cent. Ist, 68,g. 1916
CbleaKo A .\lton— Ist, 7s
1893 I05>s loeisi Middle Div.— Reg., 58
40
1916
2dlncome,68
C. 8t. L. &N. 0.-Ten.l., 78.1897-11613 120
SlnkluK fund, fig
1903 120%
Ist, oon801.,78
1897
Rich. A Dan v.— Debenture 69 .192'" IO414 105
Louis. A Mo. River- 1st, 7s.l900 *119ii>
85
90
1909
1907
Equip. M. 8. f., g., 58
2d, 68
2d, 7s
1900 •116%
Gold, 58, coupon
1951 1171a 120
AU. A Char.- lat, pref., 78. ) 897 110
Bt. I.. Jacks. A Chle.— I8t,7s.l894
1091a 111
do.
Income, 63
1900 105 107
Hemp Div., l8t g. 48
1951
96 >a
1st, Kuar. (564). 78
1894 *109Hi
^
Rome Wat. A Og.— l9t M., 78.1891 103%
2d mort. (3(i<)), 7s
Dub. A 8.
2d DiT., 78 ...1894
1898 112
80
80
90
1925 *
Ced. Falls A Minn.— l8t, 78.. 1907
St. Job. A Gr. Is.— 2d inc
2d, >?uar. (188), 7a
1898 112
871*
99 100
MIss.R. Bridge— 1st, s. f., 63.1912 105
Kan. 0. A Omaha— Ist, 59. 1927
Ind. D. A Spr.- l8t 78, ex. op. 1906
Chic. Burl. ANor.- Deb. 69...1896
1947
St. L. A. A T.H-2d m. lnc.78.7 894 •106
Ind. Dec. A West.— M. 58
60
30
Dividend bonds
1894 51
Chlo. Biirliuc A Q.— os, s. t..l901 105%
1948
2d M., inc. ,58
Iowa Div.— Sink, fund, 58. .1919 108%
80
Belle V. A 80. 111.— Ist, 88...X896 114
Inter. & Gt. Nor.—Coup. 6g...l909
Sinking fund, 4s
Belle V. A Car.— 1st, 69
1U23 106
Kan. C.Wyan.AN.W.— let, 58.1038
1919 95»s 95'a'
107 19
Plain, 49
CW.St.L.APad.— l9t,gd.g.58l917 101
92
9314: L. 8h. AM. 80.— C. P.AA.— 78.1892 106
1921
831a
Cliic. A Indiana Coal— l8t 58.1936
Buff. & Er.—Now bonds, 79.1898 118
Bt. Loula 80.— lat, gd. g. 49.1931
97
1191a
50
Chi. Mil. A St.P.— lst,83,P.D.1808 I2514 126
do
2d income 5s 1 93
Det. M. A T.— 1st, 73
1906 130 133
80 ......
119 1201a
2d, 7 3-109, P. D
120
Car. AShawt- latg. 49....1932
Lake Shore— Div. bonds, 78. 1899:
1898
let, 78, .* K.. R. D
St. L. A I. M.— Ark. Br., Ist, 79. 1895 106 14 ......
1902 123 123%; Mahon'g Coal RR.— Ist, 58.19341 107
08" St. Lou A S.Fran.— Equip., 78,1895 102
Ist, I>» Crosse Division, 78.1893
114
Litcht. Car.A West.— I9t68. g.l916
1898i 118
1st, I. A M., 7a
General 58
1931 •100 ......
l,ong Island— l8t, 7s
1897 US'*
90
let, I. A D.,78
1987
N. Y. A R'way B.— Ist. g. 58.1927
Ist, trust, gold, 53
1899 •118>8
98
l9t, C. AM., 78
35
Kan. Citv A 8.— 1st, 63, g...l916
2dmortg., inc
1927
1903 •123 125
107
1st. I. A D. Extension, 78... 1908 1241s
Ft. 8. A V. B.Bg.— lat, 6s. ..1910
N. Y. A M. Beach- Ist, 78. .1897
1st. Lr»C. ADav., 58
N. Y. B. A M. B.-lst, g., 58.1935
Bt. Paul ADulutli— l9t,59....1931 110
1919 1021s
l9t, H. A D.,78
1917 101
124
2d mortgage 5s
Brooklyn A Mont.— l8f,68.. 1911 110
1910
lBt.H.AD.,59
St. Paul Minn A M.— lat, 78. .1909 111
1st, 59
1911 104
1910, 102i2;103ia
Chieaeo A PaciHo Div., 63. .1910! 113ii
2d mort., 69
1909 116
BniithtownAPt.Jeff.- l3t,7s 1001 110
Mineral Point Div.5»
Minneap. Union— lat, 69.... 1922
1910 102 102% Loui8.Evan9.A8t. L.— Con.58.1939 8914 90
C. A L. Suj). Div., 58
111
Mont. Cen.— l8t, guar., 69. .1937 117
Louis. A Nash.— Cecil. Br, 78.1907
1921 •100
Far^o A .South., 6s, Assu.. .19241
^
East. Minn., lat div. 1.3t 58.1908 102
Pensacola Division, 6s
1920 111 114
100
Inc. conv. sink, fund, 5s
San B'ran. A N. P.— 1st, g., 5s.l919
1916
Bt. Louis Divi8iou, let, 68... 1921 116
H'i
Dakota A Gt. South., 59....1916 *100 101
80
Scioto Valley A N. E.— l8l,49,19!)0
1980 67
2d, 38
CJie.AN.W.— K8c.AL.8.1st,68.1901 111
Shenandoah Valley- Inc., 69.1923
Nashv. A Decatur— Ist, 78. .1900 116 119
DcsM. A Minn.— Ist, 78....1907rl25
Sodus Bay & So.— Ist, 58, g. 1924
B. f.,68.— S. A N. Ala
1910, 105
65
Iowa .Midland— Ist, 88
55
1931
1924! 104
South Carolina -2d, 6a
1900 *127is
10-40, gold, 6»
Peninsula— Ist, conv., 78... 1898' 120
Pens. A At.- lat, (is, gold. ..1921 lOSisllOOia 80. Pac. Coaat— 1st, guar.. Is. 1937
Chic. A -Milwaukee- l8t, 78 1898
120
Texas Central— lat, a. f., 79. .1909 47 ......
Nash. Flor. A 8. lat gu. 5s.,1937 102 lai
Win. ABt. P.— 2d, 78
47 ••••«
1911
Louisv. South.- Ist. g. 6s
90
l8t mortgage, 79
1907 130
1917
Mil. A Mad.— l8t, 68
Lou. N. O. A Tex.— l8t, 48.... 1931
90
Texas A New Orleans— l9t,79. 1905
1905 117
Ott. C. F. A St. P.-l8t, 53.. 1909 109 14
1912 1061a
40
Sabine Division, Ist, 68
2d mort., 53
1934
Northern 111.— Ist, 59
106
Tex. A Pac, E. Div.— 1st, 68.1905 1081s
Memphis A Charl.— 68, gold. .19241
191O1 109
Chic. R. I. A Pao.— l9t, 2'29..1905|'
113
Third Avenue (S.Y).— Ist Ss, 193.
59
l8t con. Tenn lien, 78
l!<15 120
Des Moines A Ft. D.— Ist, 49.1905 80
1051a
Tol. A. A. A Cad.— 63
1917
Mexican National— Ist, g., 6s. 1927
Extension, 49
1919
1905
Tol. A. A. A Mt. PI.—6s
80
2d, income, 6s, "A"
1917
Keokuk A Des M.— Ist, 5a. .19231 104
1896 110 11019
iUnion Paciflc— lat, 68
2d, Income, 68, "B"
1917
Chic. St. P. A Kan. City-5»..1936
1897 nils ......
Michigan Central—6s
181,63
1909 120 1211s
Minn. A N. W.-l9t. g., 58. .1934'
1898 113% 11314
lat, 63
Coupon, 59
1931 115
Chic. St. P. A .Minn.-lst, 63. ..1918 122
Collateral Trust, 63
1908 105 •••«
Mortgage 49
1940
St. Paul AS.
98 ......
1907
l8t, 69
ISOli'ldlis
Collateral Trust, 58
1919 122
Jack. Lan. A.Sag.—«8
Chtc. A W. Ind.— lat, 8. t., 68.1919
81
(Collateral Trust, 4ia8
1918
861a
MU. L. 8.AW.— onv. deb., 58.1907 103is 105
General niortKa(Ce, 69
1895 100
1932
Mich. Div., 1st, 6s
1924 114 115
C. Br. U. P.— F. c, 73
Clii Ham. A D.— Con. 9. t., 78.1905 124
06
96>a
Ateh, Col. A Pac— 1st, 68.. .1905
Ashland Division— Ist, 6» ..1925!*119 121
2d, (told, 4H>9
05
94
• 102
Atch. J. Co. A W.— Ist, 6s. 1905
1937 921a
Incomes
1021a
On. I. St. L.A Chic.-l»t,K.,4s;i936
100
U.P. Lin. ACol.— l8t.g.,5s. 1918
Mino.ASt. L.— la. Ex.,l8t,7B.1909'» 90 too
99
ConsoL.fls
06
94
Oreg.S.L.AU.N.,col.tr8t.,5s.l919
1920
1 8t, g. 78
19271*102 108
Cln. Jack. A Miic— ist, «f.",'59"l936
Utah A North.— 1st, 73
1908 113 ••67
78
2dmortg., 7a
1891' 55
C;C.,C- A St. L., Cairo div.-49, 1939
1926
93
Gold.58
Southwest Ext.— Ist, 78
80
1910|
CLCol. Cln. A Ind.— l8t, 78,8.t.lS!)9 118ial20
Utah Southern-Gen., 78 ..1909 iliia
PaciHc Ext.— Ist, 69
loo's
1921
Consol. sink, fund, 7s
1914
Exten., 1st, 78
1909 111 ......
Impr. A equijmient, 68
1922 60
75
Clevc. A Mah. V.-GolJ, S9...1938i »«u
104%
Valley R'y Co. of O.— Con. 6s. 1921
108
JMimi. APac.-l.-*t niortg., 58.1936'
Co orado MidUnd-lst, «., 6s.l936 101 105 Minn.S.Ste.M.AAtl.- l8t.5g.l926
Wabash— Deb. M., series "A". 1939
Columbia&Grceu.— l8t, 63...1916 •105 107
1131«
No. MIs.sourl— 1 st, 78
1 895 112
.Missouri Paeitic —Trust 5s... 1917
96
05
2d, 68
1111«
_,,--/•-•
1926 * 82I4
St.L.K.C.AN.— R.E.ARR.7a.l895
Mobile & Ohio— Ist cxt., 68...1927 'llOis ......
uel. Lack. A W.— Ckmvert. 7»,1892|
1st pre f. debentures
St.Charle8Br'gc— l8t,6a...l908 104
771s
Mortgage 78
1907|
2d pref. dehenluiea
Weat. Va. C. A Pitt.3.— Ist, 6a. 1911
Byra Birig A N. Y.— 1st, 7s.l906|*131ia
St.
A Cairo—4s, guar
Wheel.ALE.iW.D.)- ls,g.,58.192S ioo" 101
1931
70
Morris A Essex— lat, 78....1914l^l44ia 145
Morgan's La. A T.— l9t, 68.. ..1920 111
.lIlHeellaneuusBouda.
'»••
18911 105>4
lBt,78
Am. Water W Co.— Ist 68.... 1907!
1918 127%
i"'
Bonds 7»
1900*117
Nash. Chat. A .St. L.-2d, 63. .1901 109
Ist con., gold, 53
1907i 90it
79of 1871
12714I New Orleans A Gulf— Ist, 68.1926
1901; 126
Boston Un. Gas—Tr. oer. .58..1939|
Ist con., guar., 78
Il385p N. O. A. No. E.— Pr. I., g., 68..1915
1915
Coal Min.— 1st g. 79. .1907
Cahaba
Bel. A Had. Canal— 1st, 78. ..1891' 101% lOlia N. J. Junction— Guar. Ist,
....a
Col. A Hock. Coal AI.—(>8,g.. 1917 100
48.1986
Ist, exten.sion, 78
...*•
1891
N.Y.N. H. AH.— 1st, reg. 48.1903 105
Consol'n Coal—Convert. 6s.. .18971 105
g""?"". 78
•••••
18941 II213
IjN. Y. A Northern— 1st, g., 68.19271
iEdlson Elec III. Co.— Ist, 59.19101 08
111
Fa. Div. coup., 7s
98
I917t 147-a
19'27'
(i. A F.— Ist 69
1905|
2d,48
63 lEqultable
Albany A Suaq.- l3t,gu.,78.1906'*
.>«
N. Y. Busq. A West.-2d, 4ia9.1937
80 iHackensack Water— Ist. 5s.. 1926
78
lat, cons., guar., 69
1906'
liridgo— Ist g. 6s. 1931 111
North'n Paclflc— 1)1 vid'd scrip ext.l •105
Henderson
Kens. A Sar.— Ist, coup., 7s.l921 147
1901
James River Val. — 1st, 6s.. .19361 104 1061s 'Iron tiu-auiboat Co.— (>s
Denver City Cabie-lst, 68.. .191)8 99ia!
ids"*
95
A Pal.— 1st, 6s
INation'l Starch Mfg.- 1st, 6s,1920,
19361
Denv AR I4._lmp.,g.,58...192s! ....?.\ filW SpokaneA N. P.— Gen., 68.. 1923 IO8I3
Northwestern Telegraph— 7s, 1904; 104
Bt.Paul
Oa.-l8t, 78...1900l*116»aH7iai
l.st g.6s,1904
HelenaARedMn~lat,g.,68.1937
Peoi>le'sGasACoke (
n, TV- ^^,-^
DivLsional 5s
98
94
19301
DuluthAManitoba— I8t,g.68l936
Co.. Chicago
j 2d g. 03,19041
1st ext.. gold. 58
1937 90
,
Philadelphia O.— 1st ». f. 69. 1898
Dul.AMan Dak.Dlv.— l8t69.1937
K<l.Alnip„g.,58
1938'* 00
Occur d'Alen —1st, (Is, gold. 191
"est. Union Tcl.—79... 1873-19IM;' 114
931a
—
2d mort., 78
West. Div., 2d 68
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No
price Friday; these are the latest quotations
made
this
week.
—
THE CHRONICLR
110
[Vol. LI.
MPTROLLER MAY
^BSTRACTFR OMRiPOKTroFTHE NATr OgAI^BA.ITKS MADE TO ra ECO
Depotite.
Capital.
1890.
g
S Masp., other ..
' Rhode island,
Connecticut. .
Total Dlv.No.l
g^
I
New York
f
City
• Albany
V. York, other
ij
W JJew Jersey...
S Philadelphia..
E Pltt«bui-K
Pemia., other
g^
Total Div.No.2
I
242,149.723
3,682,.i04
382,869,682
209,970,031
6.890,382
93,574.80b
43,966,781
86,685,603
31,918,677
89,203,317
562,109,597
3,871,100
220,000
4,184.113
21,303,97'
7,537,799
10,389,779
993,772
12,717,889
4,292,506
61,319,834
46.191
363,(00
26,424.905
907,466
4,109,500
1,128.377
812,000
60,000
1,731,300
£06,373
9,255,016
2.57«^,8".0
ti31,257
1.79S.(;00
866,500
1,124,36)
162,675
969,006
327,500
1,653, b25
138,700
4,396,762
3,719,407
Mississippi
2
46
6
565
93
45
2,133.985
12,313.260
3.246.700
2,262.000
252,000
4,185,960
2. ('3 1,000
20
16
29
3,^31,000
1,050,010
4,189,000
1 ,140,000
3,125,000
14
2»
12
P
8
65;,()00
156
18.254.420
1,200,000
4,651,600
10,415,135
8.740,000
61,625,905
Arkansai)
Louisville ....
I
l,.''5H,24e
Kentucky, oth.
Tennessee
I
I Total Ulv.No.4
I
3,459,003
2 77,00(1
1,061,800
2,464.46
l,S44,23l
14,980,124
2,237,500
1,260,000
6.437,063
3,910,583
64,8t)4,148
906,55'.,
361,605
819,019
546,968
401,074
7,129,345
16.3,000
156,335
5?>.00t'
14,339,2'.4
6.093.73,
1.T46..-08
71,313.747
123.168
367.053
162,819
187,323
215,475
6.161,939
6,136.785
10,178.22
3,040.52
8.985,802
2,827,053
13,636.970
1,488.522
39,857,324
2.961.523
960,979
6.':03,185
3,671,653
7,783,519
2,309,666
16,016,878
1,312,246
27,437,409
2,049,413
4,732,801
12,181,601
1 6,060,977
109,108,517
422,027
55,000
525,493
219.343
728,260
1.58^,314
333,381
4,927,686
20,938,628
13,791,938
48,835,998
30,819,783
60,779,202
41,056,855
10,279,864
25,383,003
?Michig'n. other
Milwaukee
104
8,«00.000
6,760,000
25,061,330
12.942,000
16,300,000
14,651.000
4,400,000
11,364,600
3
8.i0,000
475,000
^
Wisconsin. oth.
L Total Div.No.5
63
b»7
5,595,000
813,9c0
17,473,000
274,706,881
(Iowa
138
1.469.163
285.011
5,;^48,610
1,1-61,064
Cincinnati ..
i Cleveland ..
a Ohio, other ..
i^ Indiana
Chicago
j2
E liliuois,
other.
13
9
207
10
20
169
8
Detroit
.
69
Minnesota
H
Bt.
St.
8
Louis
Joseph
».
Kansas
5
Missouri, oth'r
City...
• Kansas
'
4
10
51
160
Omaha
9
W Nebraska, olh.
I
NorthlJako a
South Dakota
I
Total Div.No.e
f
12;
27
38
627
Neyada
I
S
a
California.oth.
Washington
I Total
Ili6
ll,o78,000
14.420,000
9,550,000
1,800,000
7,225.000
3.690.0OO
13,284.100
4,000,000
8,310,000
1,801,600
2,457,500
77,616,200
Dlv.No.7
2
150,l<00
Colorado.
Idaho
43
k Montana
7
5,295,000
400,000
22
2,8S(!,200
#
.
% New Mexlce
9
975,000
8
fUtah
Wyoming
1,400,000
1,175,000
12,281,200
9
lTotalDlv.No.8
Total for U. 8
4,940,103
578,000
2,673,739
30,68^,522
2,984,794
2,723.546
1,177,91-.!
106,000
950,000
630,385
1,964,156
493.500
1,389,66»
415,085
565,900
13,400,946
100
764.445
930.333
7l7.-.i40
1.100,811
.
472,362
104,948
349,594
143,527
6,33 7.434
24,296,768
197,236
28,629,338
944.733
20,350,354
225,000
3.48^,960
228,665
12.338,845
660,225
6,749,334
19,147,331
567,681
10,171,613
930,547
13,890,469
3,007,482
3,916.407
292,500
145,986,901; 4,046,587
25,000
1,397,760
135,150
522,0o0
238,300
513,000
239,500
3,070,710
296,462
23,374,991
1,233,360
11,687.648
2,145.90i
4,171,600
2.072,534
44.982.497
386,610
12,251. o35
21,077.400
22.521.008
151.1-5.010
27,388,124
18.987,651
61,075,670
33,16-1.0:^0
78,090,046
43,148.269
1 4.729.470
32,441,542
4,980,l>-5
18,514.113
332,526,133
29,534,993
39.499,353
27,129.449
4,63d,733
20,471,648
7,711,394
24,116,261
12,851,2-3
19,231,030
3,669,S79
4,764,150
193,61^178
139,3;<»
681,085
279,414
139,402
102,535
268,678
210,610
1,821,054
85,637
342,860
639,204
110,710
1,178,461
1.089,296
69,480
187,^23
147,503
177.247
1,671,049
53H,86i;, 4,183,701) 19,598.592
27,76-^
442,073
15,0U0
3.136,449
1,929,975
4,774,643
2.292,077
196,370l
689,1971 368,2401 3,545,753
2,563,516;0,531,437:35.719.562
460,5171
210,2071
410,891
2,68
),
870
106,751
106,700
231,663
82.055
122,245
94,427
134,018
51,601
2,580
60
20,790
560
27,500
50.371
225,501
40,048
70.070
27,31
802,768
56.668
268,915
432.256
473,033
3,035,!i29
7,810
290,060
10,280
123.390
27.810
31,500
36,150
153.690
732,780
3O0,.=>32
430,200
60J.738
30
536,-.J44
56,445
58,9:l9
93,010
212,926
1,890,130
1,088,467
1,853,696
850,28-
1
254,874
319,759
46,547
64,570l
236,020!
25,t!50
189,217
67,035
218,713
110,792
100,622
44,309
45,528
8,990
20,5001
17,000!
12,220!
23,220,
5,840|
2,073,220;
986,4>'3
198,973
20,504,082
1.079.145
12,871,434
2,148,821
4,280,491
2,700,702
43,783,648
1,986,773
1,128,797
1,433,692
5,5-;
6.857)
8,833
20,700
115,837
431,000
59,030
1 10,368
1,460
34,140
575,6:i0
64,275
1,852,415
144,645
120
33,010
2,300
829,545
183,537
666.833
t23,930
62,100
24i',0i7
420
3.981,27:
121,880
61,013
21,890
821,771
22,785
262.962
25,779
115,581
138,721
55,531
4,936
4.861
1,299,138
812.565
3,155,655
213,908
1,550,090
351,733
1,215,302
812,990
474,032
116,455
216,530
l,4-i4,24b 1,535,3311 io,2 18.398
41,132
5,499,629
14,261,438
10,501,774
13,128,997
44,013.668
808,598
90,802
298.153 3,000,235
160,788
56,229
809,850
21,600
572,126
34,658
104.469 1,184,259
1,719,314 "9,462,275
I
58,680
15,300
1,010,880
200,500
1,1^2,737
210.092
740,449
1,404.882
689,927
269,166
396,146
630,373
231.875
425,176
189,619
1,483,165
109.407
12,uil
4,182
173,525
1,377
82.025
31,685
178,0001 3,636,951
78,178
9T0,00O
47,722
25,000i
396,727
58,141 3,269,009
306,424 117.851 2,128,627
353,713 1,685.003 11,001,961
312,651
90,067 1,922,523
112,048
48,936 1,024,436
987,736
195,758
45,160
463,215
26,566
5,000
621.227
135,681
27.420
1,968,468 2.280,581 26.025,6^5
1,000
99.230
2.521,947
316,670
1.6S8.21S
10,231,001 3,031,100
213,920
1,698,670
93,200
828,638
34,950
1,122,647
150,000
625,165
32,250
867,773
20,190.932 4,701,520
161,943
8,533,261
333,809
321,592
855.126,
153,964
5,600
1,587,780
55,630
868,370
100,000
55,930
13.660
164.60
113.615
310.133
11.3,780
\Lea.te)id'rt
Treasury\(£ u, S. ctfs.
of dcpasit.
95,584
53,917
241,626
88,539
26.466
158,509
57,139
21,902
177,572
148,534 920.201 3,632,780
410,041 267.778 1,651,187
105,954 180,640
590,213
204,724 182,874
831.024
1,110,495 1,653.778: 7,282,911
2,189,75li
6.il,H30
295,619
3,344,596
13,818,064
9,176,324
13,475.759
40,110,362
ld,83.i,000
'Arizona.,
•s
6,810,;0i'
282,000
2,500,000
5,918,000
2.785,000
4,350,000
Ban Francisco.
S Oregon
J
Silver
8.916,603 51,2-9,620
355,000
347,481
8,35!.494
964,800
108,557,68» 3,102,939
283,';80
47,93«,884 1,070,013
7,030.090 2,459,260
91,967,521
841,150
39,340,015 l,804,4u5
38-i.640
07,119.4^9 3,503.432
56,578.250
684,917,285 2.^,774,963
5,4^5,9SK
29,854,861
8,666,013
7,309.271
501.055
1890
certific'tes
291,6;i5,224
b»it
2.690,517
17.
Silver.
l,335,4b9
9,094,907
48,800,000 34,771,639
1,330,500
1,550,000
34,57H,060 11,573,421
5,959,938
14,172,550
23,78S,000 12,378,30;i
5,457,502
25 10.700.OCO
£71 35,151,610 14,155,7.=i7
751 168.738.220 OP,627,060
28.874.370
165.720,066
Div.No.3
J New Orleans..
J Louisiana,
**
otii.
g Texas
Gold
Treasury
581,218
249,234
297,633
4,054,967
4>',2fi9,7S4
Virginia
Virginia.
a Alabama
21,391,353
10.770,122
13.402,723
14«,726,670
104,133,174
36,185.826
1,525,7^4
West
Georgia
Florida
10,834,312
6,468,640
6,668,272
106,746,884
16,206,248
45.217..J00
20,284,0.50
Washiujjton...
Nortli Carolina
fiouth Carolina
Other.
30.:i61,219
60
56
201
CO
84
Dist. Col., oth.
1 Total
Gold and
gold C. H.
counts, fincl'fj
overdrafts.) certificates. certificates
174,275
395,555
219,082
868,125
345.773
153.970
Baltimore ....
Maryland, oth.
9
t
g
E
^
dis
1,754.393
13,725,709
14,663,374
4,575,829
7,214,613
46,182,6 -11
11.010.000
6.237,500
7,296.646
51,800.000
51
Delaware
i
^
<£
Individual.
78
N.Bampaliire.
Veniiont
Boston
Sa
Burplui.
II
Maine
(
«
Loam
:
110,144
305,882
3,089
131,672
10,671
93,861
22,805
29,794
18,008
312.903
8,000
13,765
20,375
32,044
74.184
180
38,931
7,897
14,828
9"
10,973
-.',950
76,734
3.438 '6.i5.055.426 207.136.196 1.480.474.312 30,719.574 1,904.167,351 78,309,180 74,776,72U 10.077. 102ll6002lO'
STATEMENT OF THE NATIONAL BANKS
Ob'
THE RB8EKVE
CITIES.
AND TOTALS.
Totals roR Rks-ikti
Cities, &c.
Jietiources.
Bonds
for circulation..
OMier U.
8.
bonds
Btocto. bonds.
&c
Dne from banks
Roal estate
Gold coin and C.II.certB
Gold Treasury cert's...
Silver coin and certlB's
tender notes
U.S. ctfs. of deposit...
National bank notes.
LflKftl
. .
Claaring Uouae exch'a.
Dae from U. 8. Treas.
Other resources
Totals
lAoMHtiu.
Capital stock
Surplus fund...
UndlTtded profits
Circulation
Daa to depositors
Db* to banks
Otlier lUbUiUes
i.tt'WSiMii?-
Jci.Y
THE CHRONICJLK
18«0.1
;'6,
111
Doston. I'hlladolithitiaiiil Italtlinor-.— Below
Qiiotali(>ii'<iii
ro III
aro iiiiotiitioiin of nc^'iT stocks uiul bonds not KcmcraUy (|iiotfil
full list is given the 8cl Saturday of each month.
inji! Y.
A
8ECUHITIK3.
Bta.
A
illV
10(1
liMi
-.•(1
KHI
,t s. K<'
204
IIKI
,110
Hlcurp.
I
4.1 >.
9!(i
21Hi
44
40
Nolt'i'n.lOO
<
Mub
20<»
_
Westeni
Km,
AUlHI, City, .'-.s, 1919M*.N
Belv, Kel., Ists. (Is... 1002
Catawissu, M.. Ts. 100(1...
ioi"
(•lmr.(ln..ltc.,r.s.in47.ii J,
93
117
118
IBW
,
ISO
loo'
i,r,.f
IINI
.-
90 >v
90
39
Kill
V;irqu't
I
120
nChwm.lOO
8
KMll
7!l
ii
.u
I,,,,. .V
.->.
BONDS.
«B»<
US
1
9(1%
n.AN.
102
l.,ro«,192«AiS:0
191M
j,ti,
-Mlis.
103
S.
Con'.,
1V11..JA1)
(is, g.,
18'1(5.
li
KIS".
j,tD
..
&
Cli.AW.Mlch..Ken.,')».l!12!
tuH. iif vt.A.s, i<ji:t..j.<.j
}.•?,: •'"'"•*'•
fc-
1!..
RA I.TIIIORE.
ts..l
101
Utile Ro.k<(!F'.'."^r7;;
,
'
......
Mi-ilcauc'en., 48.191
cm.
lot.
inc., 3h.
..Irons
»T8
I
78
'""''..<-.
if.'
^il ini.rt., (is,
Half owned..
2(1
J* J
^* ^
lOTHi
112 S
F*A 100
.MOl'KS.
1
t
1
....
1
101
iinsylvaniii
iiitint Bi-iiail
14
....")0i*
BAILKO.\nBO.Vn.f.
Nor'nCeut..
.
'
«a,
,
IOC
I
"
T904.J&J 117
118
Total
West. Md..
3il KU.,6a.l900
Weal. Va. Ceu. 68
1911' l'08«I
»!
Wil. Col.* Aug., «a, 1910'
Last price this W(«k.
t Ex-dtvlflcn(L
30
'
N. ¥. auil Brooklyn Gas Securities— Brokers' Quotations.
OAS CO.MPA.N'IKS.
GAS COMPA.^IIBS.
Bid. Ask.
Bid. AaV
.
vn0..8-LI)jht.
122
90
103
People's (Brooklyn)....... 93
Willianisljnrg
131
Bonds, 6s
,108
100
101
Metropolitan Bvooklyn)..
:)(iiuicii>al— Bonds, 78
Fulton .Mnuioipal
Bonds, 68
Eqnitable
Bonds, 68
lated (iaa
*
ity
Hoboken
.litiin— Bonds
!
I
ll.t
122
y.)
es
(Brooklyn)
12.j
102
lao
lOU
Yorit Stocit
<ft
8KCURITIKM.
Vlcks
do.
do.
Am. Bank
do.
do.
Novtf
consols,
'JdSs...
Mo. K.*T. new
...
Am. Cotton OU C«
do.
pref
Am. Pig IiuuStor'ge war.
AU. <k Char. Air Line....
do.
do.
Brooklyn Blev'd— stock.
N.V.
* Spnngf
Comstock Tunnel
1st luoome 48
Pref
Ssorsia P»o
lit
45
* At— Stk
7
Btooii.'.".';;.'
Consol, 5«..."''.!"1'".]|
lliCoiiie5«
K»n»wha.t.Ml,.h.Int'.itf<.
u»
l»U7, Interim cits
Kdelj ^..wi
wiiktfcCoii;::
.
A Mem.
W. I.. « 80 Is
W. 1 62
.
*
V.-.S.4.
A
Bus
<l
Lake, Ist
Imt>r
,
34
12
Si
IstSs...
23 '4
8
llUi
78 >s
23
t>
70
22
73'a
A
West. N. Car.—COD.e«
June
Atl.
.lane
wk July
May
May
May
Central Piicitic
Ceutr'l
,163.820
,374,295
7..532
Vermont WkJune28
ACUic May
67.915
8,286
56,553
4,017
Char.Cin.
Charlesfn & Sav .May
Sum.&No. May
Char.
Cliat.R'me.tCol. June
Chatt'n'Kallni'u June
Cheraw. & Darl. May
Ches. &Ohlo.... 2d wk July
Ches. O. & 8.
June
Ones. & I.#noir
'lay
Chic. & Atlantic, 2d wk July
nhlc. Burl. & (> May
Chic* East. 111. 2d wk July
29,0: lO
11,222
6,335
136,314
W
Chic.
Chlc.
1.53,218
5,081
4S,7'23
,986,792
61.798
wk July
470.500
AN'thw'n. June
,184,427
5,038
& Ob.
Riv May
CUlc.Peo.&Ht.L. May
Chlc.Kocfel.&P. June
31,082
,158,541
Chicrtt.L.&Pitt. June
Chic.St.P.AiK.C. 2d wk July
Cblc.St.P.M.JiO. vlay
500,607
79,183
27,129
514,6.57
Clii.6a.& Ports.
Cin. Jack. &.Mac
Oln.N. O. <feT. P.
Ala. Gt. South.
N. Orl. & N. E.
&
'2d
&
&
.Mod.
I
|
w
21 \
100
27
'40
15
66
Mtnal
sale*.
,448,300
862,3li(!
16, 310,7.54
3, ,121,4'251
.55,262
2,445,7.58
791,292
13.236,841
2,746,526
697.215,
49.838'
213,974
36,6061
1.38,839
1 ,161,487
1,045,475
685.615
493,228
665,228
358.158
607,217
39,331
202,716
34,'200
240,173l
159,178
,388 2571 8 ,831,613; 7,655,430
414,931 2 .(i07,.539 2,309,107
,803,1.88!ll ,439,132 9,964,537
1
25,448
39,(,27
48,464
4,813
4,308
68,667
320,0110
29,413
468,593
,080,020
,288,442
5.836
6,851
139.557
1,596
4,319
48,3-22
15,469
48.310
2d wk July
Peo. & Eiist'n. 2d wk July
Clev. & Marietta June
Color. Midland. 2d wk July
Col. & Clu. .Mid- IthwkJ'ne
Col. H. V. & Tol. June
Colusa & Lake.. June
Covin. & Macon. 'June
Day Ft.W..kCh.. June
Denv. & UloGr. ladwk JiUy
DesM. AN'wcst June
Det.BayC.&Aip 2d wk July
218.89(5
2(1
23.788
24,134
35,143
7,113
238,991
1,491
9,5'25
33,966
184.000
I
,098,1531 1,061,854
,513.743, l,37e,.596
'27.270
27,099
27,18!
.308.338
,860,31 (!
248,346
316,314
865,813
518,508
52,812
25,048
274,195
7,272,494
190,310
2,920,921
4.849.470
5,791,876
44,590
70.684
53,021
1,916
22.559
10,101
4,8 lis
134,408
152,322
4 982
41,209
49,430
328.060
22.017
171.361
54,616
41.129
833,381
282,978
12,899
11.5,869
51,752
33,908
2.852,134
931,i>78
940,814
29.289
29,918
432,114 1,114,036
196,442 12,662,467
,613.731
46.672 _ 565.573 1,323,801
440,2521 13 ,032.031 12,440.870
,061,051112, ,251,H10 11.110,790
30.879
26,829
5 '2'2'2'
1 39.038
135,928
28i016l
987,340 7,314,467
,212,018
2,667,521
208,96(
373,313
229,'-' 80
1,452,999
60,763
3'22,4;W 2,2t)0.357
481,441
715,788
800,342
23,195
5,372
9,955
66,474
wk July
May
29,(i(f3l
15,628'
7,164
6,667
125,338!
1,243
6,002
42,370
12,580
34,10l!
204,482
21,590
23,104
32,158
8,153
197,484
1,544
5,912
37,069
28.693
328,712
270.542
98 -,196
680,288
344,598
284,691
568,313
S.434
23,147
268,439
431,076
193,551
739.153
28,424
291.421
1,878,182
932.988
51.3,933
280,293
271,921
3,876,664
8.253
38,369
•235,421
370.338
159.409
6,402.979
138,456
987,362
1 56,780
125.263
,290,793
1,102 ()(!4
-,593
9,575
83I.6'23
163 211
6.5,475
ll,.-»88
237,380
1.59,000
,389,741
2-!>,9lO
4,(111.321
73,993
286,358
2,270
10,320
97,030
303,275
'23,263
19,861
)>()5,s93
548,8-20
63,084
531.770
60.474
130.317
66.892
2,911
.50,841
400,924
44,893
110,367
58.792
.()'i7,.593
,6(i')..593
'2.171,517
5,811
5.502
19,145
11. .500
11.813
Det.I,»u8'K«&No 2d wk July
DaluthS.S.iVAll 2dwk July
.Tenn.Va.&Ga. May
Kiioxv. til Ohio i''ay
Total 8V8tem. 2d wk July
Ellz.Lcx.AB.S... iMay
Empire -VD'hllu June
Evans. iScIud'plls 2d wk July
Bransv. A T. H. 2d wk July,
May
Flint. A P. Marq 2dwk Jiilyi
Plor. Cuut.A P. 2d wk July
Oa. Car'U A No. May
FitohbufK
I
852,781
41,666
16,7.50
12.151
79,294
29,082
16,939
7,391
.\l)ill
Cler. & Canton..
CI.Cin.Ch.,ts.L
33,539
7.5,0871
26,368!
5,01)9
wk .luly
2d wk J uly
2d wk July
2d wk July
2(1 wk July
2d wk July
2d wx July
Vicksl).
979,6511
98. (i**
6.269'
18,598
.lime
I
'
luuicater
,910,589
37,015
153,825
85.702
49,912
54.371
5,028
4,005
77,909
339,000
31,502
535,152
Cp.F'rAYad.Val June
Clev.AkrouACol
120
24 "i
lot
103
12 llPausaaola ,« Atlantic
3S 5
Postal Tele)rr»ph-(;»hl«
85
St.L Ar«. AT, 1st 48, W.I. 74", 75
4a, W. I., •44
do.
45
do. Tr.rec
^.allHSst.pd.
iSt. PaulE.d^ r.Tr.,lsio>'IOJ
105
Toledo Peur a
Weet... L8<a
I
July
Oiii.Wab.&Mlch. Jiint
t
M
A
1.5..'>5.5
:,492,217
1
3d wk July
Biir.C.Rap. &N. 2d wk July
Burl. & Nortliw. June
Burl. & Western June
Clu. Sel.
Uo.
Mo. 111)., lat 6a
(
nNor(.n RlT.«jons. Co.sorlii.
4&'.j io.I.AW.— l8taco.iut.cen.
2d ace. int. cert..
lOceau SS. Co.- Ist, guar
wk
1
0,49S
26.503
45.000
Ciun.Norlhw'u. June
9
.8
1889.
.")97,3S0:
Biiff.Eoeh.A- IMli
Vlcks. Sh.
P.
Erlanger Syst.
N. Pac. P. d'Oreille niT.
7>v
81P
i.ehiitii4
Little H.
48,
erls.,
;*27»i#
N.Y. Loan
Continental Cou. it Imp.
do. Trusteed stock
Wstlll.ng * (,'attle F. Co
snore
1
N. Y. A (ireen
ad mort
CrJltornla Pacille
I>al. H.
'Jil
pret
iMt. De8.4 East Sh. Ld.Co.' 0-75
N. O. Puc. Ijii.d Urant... 25
Newp. N.
Miss. Vol...
15 >!
1907
Cini li'nHtl
145
lOS
130
112
BIS
L.N..\.*Chlc.(C.*I.)lst6s 'TTT
Lou'.*v. .St. Louis * Tei..[
^eriphisilcCha'st. consols ll-S
H.*)r NAt.,0"o8l.rni..t'n no.
^2
00
Aiu. Cattle rriist
l8t, 7»,
143
loo
127
108
Exchiin?e— Unlisted Securities.
BBCUKITIEH,
Alabama
Beech CreeU
Ala.
New
Latest Date.
22,908,
142, 846^
fi9(),22.5
.
i
.170
10")
.V.
,,
8
89
134,033
.May
P.jioiu.if
,.592
Chlc.&W. Mlcb. 2d wk July
Chippewa Vul
June
1
.1')')
... 1
...
..'Gaa.l.l^lit..
i-
Chlc.Mtl.&st.P. 3d
T<ii)..'i(i
Per share.
Bal.iO.SontUw. 2d
Bait,
541
178,183
7,184
7,562
131,194
23,310
454,534
119,938
July
.
109
i
to
1890.
$
wk July
wk
Centralof S.C. M.iy
'
58, Ser. A, 19-26
J* J
.Sea'.'d* Ro'nke, 5a, 1926
Jan. 1
1889.
123. ,577
31, Co ,5
June
June
June
June
June
June
Cen.RK.&B.,'.Co
Centralof N.,T..
•
*
34
58 S
172 173
-"UiHl Hn..,k...KIO
"
..'117^1
Consol., 5s, lil88...F*.4
i^alt. *0. S. W., 4>o8 J*J|
.
iCaiie F. <ft Yad.. aer. A,6s."10.'."5 l()(i
Cent. Ohio. Os, 1S90.M*S '102'«
Char.Col.&A., l-t,7',1895 10*1. IOS'4
Cin. Wash.
Bait, 1 t8..| .
ton
Ga. Car & -Nor., Is 8 58-. 101^ l(i2
Pa,.
t
"AAMantir.pref.sd
,--». Isl. ITef
fo
•
I
'
,.
Jiutla.i,l,ls,.,J.si'.,i;2j|i<'
•^x"
l()o|*
com
SO* Si's
AugnstalOO:
31,()82
wk July
May
Atlanta .^('bar.
Atlanta & Flor'a
Atlanta &W.Pt
Atl. A- Danville
B.&O.East Lines
Western Lines
Caindijii
27S,Atl. *Char., 7a.lH07.J*J,*121
Inionie, G-, 1900. A*ol 105
125
Bait. & O., 4a, 19.45. A&OI 101
100.-...
liio.j
-<<>».m>n
A
50i),!)10
Total sv.^tpni. 2dwk July
St L.&S.anF.. 2d wk July
OanadiiiuPaclUe :W
n25
100
71 "a Western Maryland.
IJAJ
1939
l8t,pref
2it pref
Central Ohio
IChar. Col.
104
in,.. 3,, 19.S9....
.M. KiiK., 1st.
*
V,
"-,
JAU
Par.l
lOOl 104
„
.Baltimore* Ohio
«HJ9S
Extort, en, lav.-)
STOCKS.!
11,283
C'iu
I
I
.5,458
June
Atcli.T.&S.Ko. 2d wk July
Half owned .. 2d wk July
Aaiitston
Tot.e.L.iSiS.F. 2d
Affg. toL-vl .. '2d
Imp.. 68, g., 1897. .A*0 104=4'
102 1» Con., .-)s. 1!"22 istainpoiDl'l"!
94'«iPhil.W.&B.,48,1017.AAO 100
88Ki Pitts. C. * St .L., 78.1900 ll!<)i«
( unvnt Ulvi-r.I»t»,'iH.lfl'7i
Podgli. Bridgp. (is....l93«| KTu, 83
I'.-l
Iiilm.*.\ofn, M. 7"^.; 'H<7
Schuyl. It. E. 8., 68 .19351 l()a>e'
K.i-I. IN Jfnss.,
,.St(.ilb(.n. * Iml., 1st in ,58
Os, 1906.. 123 H
105
122 133'. l'nlteilN.J.,)j8, 1894 A&(3 107
WarriM) * Frank., 1st, 78. 110 114',
,.",'l''''i.'".':M9:{8.A,feo 121
114 West, l"enn., Pitts. Br,()8. 107 !»
K. <
H..ni|,i„,,mirm.,5s!
99S' Conaol.. 48. 1928... J&D
11..1.. tifl,
2-''4
*
221,932
Mav
May
AllnKbeny Tal.
Anntston & Ati
'
Phlla.*El1e, Gi.u..")8.1920
Oon. ni.. 4s, l!>20..A*O 100%
Phil.AKead.. lat, Os, 1910 120
2(1,78,1893
A*Oj 111
ConRol. 7», 1911.. ..J&D, 129
1171* 118
1890.
Weekorito\
'-j
,
A
Cli
107
!
Inniii
UI.SB.Sept.l
Bur.Jt.M...i:iv.|.K.7.s.l8iiS
Burl.
.M.i. Hiv. in .Vei,_
fcleuipt. (i.«. 1918... J&j
Noii.i.xtin. (isl918J*J
Plain 4s, i!)lu
J,tj
Latest Earnings Reported.
BOAD.
128
!
1
ao
lii-li.4i<.J,(tJ
i
....
Cons., (Ss, c, l»((j,.J*I) I'JQiil
7^' Cons., 0«, r, 1919... CJ-M. 114
4'2.s,Tr. Loan. 1913. J* !)•
;108>4
Perklomen, l8t se. ."is, '18. 102
Pa.&N.y.CU». 78,l!iO()J*D 129
Conaol. Ss. 193a ...A*Ol
11SI>4
r>o,
ilr'l.pvofrco'
'
114
138
Gen, niort.,78,19()3..I*J
N.Y.Phil.* Norf.. Ur, «s., loa
luoinne, lis, lll;13...\J;(,)i- 35
Peuu, Gi>n.(js,r,1910A*O, 129
l7iNi
100
Cull inc
..Sl'orts.KK)
lOOi
.
RAILROAD EARNINGS.
128ijli9
Cons, (is, l(>jt.,192.3,J*n, KWillSS'i
North Penn., Ist, 7s.l89(! 115><
1(1(1
X*
WU
I
1
rnl
10(1
'iS..lili.f.lOO
II
llOOH)
llO",!
(is, (Tolil, 1807... 15 J.tO
Consol. 7s,
....1*1)
28>. r,ell.V., 1st, Us, 189..J*n
2(1, 7s, r..it..l910...:.t*S
KMlllMHl
The General Quotations of Stocks and Bonds, occupying
Chronicle, are published on the third
Satiirdtiy of each month.
119
102
l.(.|i.c.*.N..4i.j.H,U1H.Q-JI
l.ttw'ucoUlii
It is puhlishetl on the last Satiirda;/ of every
month — xriz.. January, March, May. July, September
and November, and is furnished without extra cluirge to all
regular subscribers of the Chronicle. Extra copies are sold
to subscribers of the Chroniclk at 50 cents each, and to others
Companies.
other
six pagen of the
.V Wllm., 1st, ()«..l
IIiini.,t li.T.,Ciin..'s,lS95,i
Klinlrn
1.1
10(1,
1
Cleartlclil.t.li'lf., I-f. (is...!
04
*
M..KMI'
BIllii.KlO
v.«St.I,.I00i
.t
The Investors' Supplement, a pamphlet of 150 pages,
contains extended tables of the Funded Debt of States and
Cities and of the Stocks nntl Bonds of Railroads and other
at $1 per copy.
liS>i
SUHilCnnuectiii).', (i», 1900 01..'
1»2V,I
Hil. B., lst.T8,l905
Del.
..
F.a8toii <i^ AnilMiy, M., 5H.f
;116
lOnl
*
It
Si
.
lOi
III. 111.;.
110
1(0
I'ri'd'lTetl
63',
10»i,
.N.
HON us.
Nur.. 100
Kasl.Tii
MW
AllC(?h.Vill., 7 310*., 189(5
1'
Inc., 7s,pn(l.ronp..lH94..
vPiiHoiiiiiKH'
i:iviT
1(10
.v
Hi
N. J...K)0 22HV, 228 A,
.'lO'
01
*t
Bl«
West Jt.|sf"y.4AtUinIio.501
42
"9"
Y.iiiPenii.lOOi*
KM) •aoii
... .......
0»
'
liilliil Cii.-KOf
Wi.-t J(.rs*.v
lantou ..IW
^•l .V
11,(1.
5J'4
1
...lOii
unl. iV (.'lev., com. a(
'
«Si»
68^1
«^.,
88
fiOl
|titelligjcttce.
sa".
'
Nort h Pennsylvania... .50
Ula^.Pt.niisvlvanla
50.
44>> Phlhiil<.|pliia>« Krle....50
2»B
'.<)»»
-s»ciwtsimi
imi
ci-ntnil
.Niirllii.rii
i-j
ilailroad
4T<
1
l.flilKh VmIIw
so
60'
43^!I.ltlli. S.-liii.vlklll
32s <t Mliii'lilll.c .s. Havpn...SO
170
Nisiiiiiliimluti Valley. .501
AMD
Aak.
Bta.
Hunt. Br. Top. pr»f... 60
iLoiiijtiiriwi* N»'
sol
BOSTON.
Par.
s iiicKS. t
iiciilmno.ltm 228 "-J J2B
I
SF.CUnlTIES.
Aiik.,
I
22,736
520.361
46.758
16.757
3.83ft
1
918,935
272, (i33
238,888
,712.:!1'7
30(i.-'Sl
3.0,53.162
334,056
1(!..M11>
469,848
41,797
17,594
1.09«
13(;.7ii:;
ilo!.5i)7
II
1.664
5(1.".,
'C::
,43:1.
~2-
2,168,969
(12-'.
7 1-
1.272.0'28
(i:ii;.i.53!
618,351
26,-.M0l
is.otts
THE CHRONICLR
112
Latest Earningt Beporled.
BOADS.
Week or Mo
1890.
f
116.849
57,692
60,479
10,856
4,217
75„^52
390.757
70,169
20,039
26,587
2.753
133,431
11,500
I
Oa. RR. AB.Co. May
Geo. So. i&Fla.. Juno
Gr. Rap. & lud. 2d wk July
Cin.R.&Ft. W. 2d wk July
Other lines
2d wk July
Total all lines. 2d wk July
Grand Trunk. ..Iwk Julvl2
Ohio AGr.Tr. Wk Julyl2
Det.Gr.H.&M. Wk Julyl2
.
.
- .
Gr.B. W.&St.P. May
Gulf (kl'lilcago. June
Hon.satonic
.May
1889.
1,000,753
7,098
Dub. &Slo'xC. June
Iowa lines
Juno
Total all.... June
Ind.Dec.iWest. June
1,137,502 1,201,686
29,808
24,513
Interoc'nic (Mx)
Iowa
Central...
May
Id wk July
137.000
33,861
2,341
36,618
7,794
9,774
81,173
16,128
81,350
5,913
16,231
17,357
Kanawha&Mlch dwk July
C. Cl.&Sp 4th\vkJ'ne
& Merc. IthwkJ'ne
K.C.Mem. & Bir. 2d wk July
Keutuekv Cent. June
Kan.
K.C.F.?.
Keokuk* SVeat.
Kingst'n &Pem.
Knox. & Lincoln
L. Erie All. & 80
L. Erie & West..
dwk July
June
May
June
d wk July
lieliiRliA Ilud.. June
L. Roek & Mem. 4thwk J'ne
Long I.sland
June
90,174
31,708
3,111
41,180
4,906
4,993
86,215
14.252
79.282
5,897
20,189
5.'200
Iron Railway... June
J'k'nv.T.&K.Wy May
4,077
48,916
26,570
9,376
349,608
32,267
18,258
319,219
45.906
921
35,317
4.969
27,389
51,438
30,133
9,825
395,046
33,765
22,048
308,980
49,940
1,350
47,318
6.684
42,1U0
Loui.'<.<& Mo.Riv. April
liOUis.Ev.&St.L. 2d wk July
I>ouisv.&Na»hv. 2d wk July
Lonis.N.A&Ch. 2d wk July
Louis. N.A&Cor. June
LouJsT.N.O. *T. .3d wk July
Lou.St.L.&Tex. 3d wk July
Louisv. Soutb'n. June
Lynchb.&Dur'm June
to
l'z,598
7,615,454
205,090
655,402
804,546
19,392
276.756
161,116
192.900
2,313,141
613,866
479,305
175,329
79.835
77,605
30,959
1,369,206
162,109
248,551
1,610,466
138,677
595,862
9,773,603
1,237.469
6.539
1,402.186
204.065
39,578
34,919
934,065
2d wk July
3d wk July 101,9'24 115.183 3,505.68
70,979
68.889 1,987,539
2d wk July
73,244
69,449 1,938.945
WkJune28
86,313
85,575 1,996.064
3d wk July
Milwaukee & No 3d wk July
29.100
23,705
825,299
Mineral liange.. June
9.626
8,554
54,557
Mlnncap.&St.l, June
97,645 103,945
648,721
M.St.P. &S.8.M June
118,912 109,37'
931,564
Mo. Kan. & Tex. Juno
624,816 654,116 3,613,75
Mobile &Obio.. June
256.993 216,807 1,591.510
Montcrey&M.G .May
39,725
166.769
Ka%b.Ch.&8t.b, June
275.359 259,175 1,709,636
Nat. Red R. & T. June
1,778
1.117
11,825
New Brunswick. May
76,927
71,322
375,857
N. Jersey AN. Y. Mav.
23,044
21,335
98,438
K. Lon(lon Nor Wk June 28
12,113
12,371
New Orl. & Guli June
10,292
12,491
74,155
N. Y. C. & H. R June .
aSOOOOOO 3,111,443 17,724,853
K. Y. UE. &W. May..
2,497,070 2,182,581 11.297.587
». Y. Pa. & Oblo .May..
593.101
483,353 2,849,368
K. Y. AN.EuK.. May..
515,933 476,021 2,283,463
N. V. ANorth'n June
42,646
52,412
262,112
M. Y.Ont.&W.. 3d wk July
52,610
45,906 1,072,883
N.Y. 8usq. & W.. June
150,054
116,18(1
710.361
Norfolk & West 2d wk July 132.436 117,16b 3,271,186
N'theast'n (S. C.) May.
57,317
51,002
345.001
NortU'n Central May
53e.972 502,437 2,708,092
NortberuPacitic 3d wk July 466,56
427,961 11,154,312
Ogd. & Lake Cb WkJune2-l
15,229
14,924
Oblo & Miss
2d wk July
75,429
79,3U 2,114,136
Ohio & Nortbw., June
18,679
18,176
98,673
Col. & Maysv. June
788
836
4,281
Obio Kiver
2d wk July
15,021
13,410
317,968
Ohio Southern June
35,839
34,630
252,631
Obio Val. of Ky. 2d wk July
4.321
3,526
110.492
Omuba&8l.I/.. June
39,05'
45,082
303.766
Oregon Imp. Co. May
.352,360
405,138 1,653,519
Pennsylvania .. June
5,172,001 3,931.020 31,958,513
Peoria Dec.&Er, 2d wk July
13,661
12,568
384,323
Petersburg
May
47,708
41,360
236,162
Pbila. <St Erie... May
.503,961
439.496 1,9^8,804
Phila.A; Read's. May
1,728,335 1,617,673 7,794,440
Pitt8.Cin.*St.L. Jui^c
477.476 369,539 3,008,850
Pitts. Mar. A Ch. Juii
3,156
1,652
18,034
Pittitb. & West'n May
.
128,067 122.808
582,0.39
Pitts.Clev.&T. May
39.525
50.337
194,146
Pitts.Pain.&F. May
28,703
31,967
104,546
Total system 3d wk July
43.604
41,605 1,192,579
Pltt.Young.&A. June ...TT. 120,319
96,789
671,174
Ft. Royal lit Aug. May
21,792
18,452
152,536
PtKoy.Ai W.Car. May
25,064
17,873
174,025
Pres.&Ariz.Cen. June
12,337
10,897
59,917
QulncyO.&K.C. June
20.500
20,774
114.906
Blcb.itEDauville. June
384,400 336.900 2,826.19i:
Vir. Midland.. June ....'.'.
170.700 152,500 1,071,365
Cbar.Col.&Au. June
54,950
53,225
437,970;
Col. & Oreenv. June
41.000
38,505
408,942;
West. No. Car. June
70,500
65,399
465,908
Georgia Pao .. June
115,950
94,686
848,492;
Wasb.O.A W.. June
11,000
8,793
59,998;
A.sb V. & Spart. June
9,300
62,763'
8,296
Total Sys'm. 2d wk July 237,100 229,675 6,636.304
Bleb. & Petcrsb. May
31.705
25.417
144,846
Bio Gr. West... 3d wk July
35,550
30,650
879,112
Borne <k Decatur May
8,200
4,750
42,050
Bome W. cSc Ogd. May ..!!. 307,456 272,936 1,550,584
Sag.TuscolacVU. June
8,653
9,222i
43,892
BUL.A.AT.H.B's 2d wk Jiily
24,050
18,466
611,284
Bt.L. Ark. &Tex. 3d wk July
73,208
67,978 1,910,725
Bt.L.DesM.A N.June
8,378
4,570l
47,050
BtPanlADul'tb June .'.'.'.'.'. 112,575 106,707i
621,842
8t P.Min.iSiMau. June
755.449 593,597; 3.800,038
East, of Minn. June
64,811
31,*76
253,153
MontanaCent. June
107,843;
76,561
486,027
Total Sys'm. June
918,103, 701.434' 4,6i9.218
B.Ant.AAr.Pass 4tbwkJ'ne
29,5051
23,376,
735,914
B.Fran. AN. Pac. IstwkJuly
19,912
19,230
351,9031
flav. Am. A Hon. June
26,6261
7,555,
141,015
Bealtlc! L. p. A E. 3d wk Jiiiy
9,305
5,486;
211,374
SolotoVal.&N.E. 2d wk July
15,625
12,341]
349,508
9,1.50
Hempbis & Cbas
IMexicau Cent..
jMex. National
tMexican R'way
Mil.L.Sh. & West
.
.
.
.
1
.
.
.
1,124
27,971
Latest Earnings Reported.
Latest Date.
1890.
$
753.875
97,110
320,727
22,043
47,792 1,343,125
240,499
8,649
116,200
3,787
1,699,824
60,228
398.083 10,184,475
68,091 1,989,823
552.445
19,871
143,845
20,597
21,730
2,546
584,489
93,038
70.500
12,291
1,053,757 6,705,598
41,898
7,519
867,958
140,410
909.856
147,929
Huine.st'nJ;Slien Juno
Ill.Cen.(ni.&So.)lJune
Cedar K.&.Min. June
129.651
136,749
Jan. 1
[Vol..
B0.IDS.
Week or Ho
1889.
699,114
121,760
.
to
Latest Dale.
1890.
S
S
101,000
92.899
Shenandoah Val June
South Carolina May
Spar. Un. &C0I. May.
Jan. 1
1889.
1890.
75,003
80.987
7,970
LI.
1889.
S
593,432
611.588
S
392,871
550,264
48,398
8,760
50,279
232,701 So. Paciflc Co.—
371,099 298,290 1,644,743 1,515,766
Gal.Har.&S.A. May.
107,539
102,486
84,273
450,779
Louis'a West. May
411,257
1,503,826
429,933 372,359 2,109,656; 2,088,218
Morgan' sL&T. May.
9,857,921
16,584
12,912
68,135
N. Y.T.&Mcx. May.
52,048
1,777,278
152,649 134,683
7*1,707
Tex. & N. Orl. May.
616,793
508,670
1,072,751 902,517 5,015,019 4,684,082
Atlantic sys'm May
112.611
3,082,106 2,849,454 12,655,804 12,928,632
Paciflc system May
20,633
4,154,857 3,751,971 17,670,823 17,612,713
Total of all.. May.
420,079
80. Pac. RK.—
62,656
208,430 182,018
789,462
No. Div. (Cal.) May.
759,018
6,430,829
562,154 530,444 2,513,359 2,464,773
60. Div. (Cal.) May.
43,R42
194,396 154,987
855,125
Arizona Div.. 'May.
809,481
783,522
106,694
8.3,895
New Mox. Div.lMay
454,373
417,009
827,304
116,000 111.630
421.683
408,341
7,258,193 Btaten I. Uap. T.JJune
103,356
91,515
463,434
581,494
177,671 Summit Branch. June
100,552
32,037
Lykens Valley June
461,505
402,708
423.975
6,928
5,488
Tal.A Coosa Val. 'June
40,325
32,980
728,519
13,81"
15,816
95,637
85,786
21,499 Tenn. Midland.. 'June
Texas & Paciflc. ISd wk July 111.923 116,429 3,517,099 3,239,997
260,702
21,206
18,130
628,047
496,245
135,620 Tol. A. A.& N. M. '3ti wk July
5,395
4,693
167,628
128,890
127,502 Tol. Col. &Cin..i3dwk July
37,235
27,727
743,5151
594,334
2,206,342 T0I.& Ohio Ceut.|3d wk July
8,971
50,49Ji
Tol.A O.Cen.Ex. June
7,720
45,230
484,558
14.321
15,667
477.043
460.406
453.168 Tol. P. & West.. 2d wk July
27,350
18,274!
Tol. 6t. I,. & K.C.jSd wk July
808,102
446,137
164,746
2,280
1,68a,
11,825
9,553
93,926 Tol. ASo. Haven [June
62,572 Union Paciflc—
767, 526 510, 484' 2,,852,048 2,295,237
Or.S.L.AU.N. May
29.740
Or.Ry.AN.Co. May
420, 353
374. 627. 1,,427,631 1,562.285
1,244.943
St.Jo.AG'dl8l. 2d wk July
18, 697|
28, 697
804,422
586.896
121.075
Un.Pac.D.&G. .May
513, 535 411 629 2,,115,104' 1,615,038
277,854
All oth. lines.. Mivy....
2,219, 698 1,752, 396 9,,095,992 7.650,164
1,433,157
Tot.U.P.Sys. May
4,043, 416 3,143. 870 16,,107,888 13,575,159
122,396
Cent.Br.AL.L. .'.lay
51) 883
82, 036
510.519
276,674
582,473
Tot. cont'lcd .May....
4,125, 451 3,194,753 16,,618,407 13,851,834
8,922,354
Montana Un May
78, 265
348,363
279,936
61, 033,
1,164,135
Leav.Top. A 8. May
11,861
2, 629
2,,818
12,577
5,555
Man. Al. A Bur. 'May
12,952
13,961
3,,285
2,,562
1,347,965
Joint.own'd.ifl May
42,,089
187,451
152,375
33,,206
Grand total. May
4,167, .541 3,227,,959 16,805,858 14,004.208
Vermont Valley [May
67,823
15,,137
15,,783
70,466]
Isdwk July 247,,800 241,,700; 6, 773,234' 6,411,940
864,677 Wabash
251.814
248,570
31,,303
31,,0.i.'-.
3,457,228 Western of Ala. June
'June
144,,715
629,110
700,702
132,,2761
1,974.!;83 West Jersey
344,574
78,,678
52,,869;
423,579
2,127,275 W.V.Cen.APitts.ljune
West.N.Y. A Pa.;3dwk July
70,,800
72,,700, 1 ,916,332 1,719,402
1,745,649
470,396
22,,986
616,632
16,.710
610,856 Wheeling A L.E. 3d wk July
64,,126
386,723
65,,029
433,586
51,548 Wil. Col. AAug May
591,380 Wisconsin Cent. 2d wk July 102,,531
78;,007| 2 ,554.310 1.937.9.36
Wrlghtsv.&Ten. June
36,05a
5;,725
633,470
4,,962
41,203
3,272,363
* InoJuding now the lines controlled, formerly reported separately.
1,476,048
a We have made up these figures from the company's estimate for
1,163,525
I
.
I
'
.
!
I
1,664.901
13.406
345.153
87,261
82,163
16,780.145
9,884.978
2,366,064
2,119,228
273,974
944.310
600,932
2,692.229
205,841
2.298.748
10,309,132
1,981,929
96,295
5,288
269,110
244,993
68.509
221,350
1,643,040
28,004,238
369.856
214.023
1.641.810
6,933,138
2,631,866
9,348
564.719
203,600
113,273
1,189,875
505,815
137,351
161,753
65,897
122,583
2,598,838
956,611
413,516
340,275
4S9,778
625.867
50,376
54.797
5,914.238
122.621
732,341
21,250
1,257,901
49,679
517,728
1,614,399
27,058
511,879
3,297,902
119,014
369.411
3,786,327
539,320
352,819
5.5.965
128.804
3-25,131
the quarter,
t
Mexican currency.
c Main Line.
Latest Gross Earnings by Weefcs.
—The latest tveekly earn-
ings in the foregoing table are separately
summed uj) as
follows
The gain for the third week of July on the 33 roads given
below amounts to 7 '69 per cent.
3d meek of July.
1890.
Buffalo Eoch. APitts....
Canadian Paciflc
Chicago Mil. A St. Paul..
Denver A Bio Grande
A Texas.
A Texas.
Mexican Central
Milwaukee L.Sh.A West..
Milwaukee * Northern ..
New York Ont. A West..
Northern Paciflc
Pittsburg A Western
Rio Grande Western
St.
Louis Ark.
Seattle L. S.
Texas
A
A
& Texas...
Eastern
.
Paciflc
Toledo Ann A. A No.Mich.
Toledo Col A Cincinnati.
Toledo A Ohio Central.
Toledo St. L. A Kan. City.
.
Wabash
(consol. system).
Western N. Y. A Penn...
Wheeling A Lake Erie...
Total (23 roads)
Net increaso '769
47,318
6.684
101,924
86.313
29.100
52,610
466,561
43,604
35,550
73,208
9.395
111,923
21.i06
5.395
37,235
27,350
247,800
70,800
22,986
2,358.978
p. c.)-
week of July.
month the
1890.
$
Prev'lyj-eport'd (28 roads)
At.Top.A8.F. 4
Koads
St.
Louis
j'tly
&
I'd
roads
owned H.
S.Fraucisco.
Roads j'tly owned
Ba't. A Ohio Southw
^..
Burlington C. R. A No...
Chesapeake A Ohio
Chieago A East. Illinois.
Chicago St. P. A K. Citv.
Chicago A West Michigan.
Cincinnati Jack. A Mack.
Cin.N.O. AT.P. (5roads).
Cleveland Akron
Cleve. Cin. Cldc.
A
A
$
39.027
320,000
440.252
169.000
35,317
4,969
115,183
85,575
23,705
45.906
427,961
41,605
30.650
67.978
5,486
116,429
18,131
4,693
27,727
18,274
241,700
73,700
16,710
For the second week of the
per cent on 86 roads.
2<J
Increase.
1889.
2,540,374
. .
Louisville N. 0.
Louisville St. L.
9
49.912
339,000
470.500
184,000
Col..
St. L.
Peoria A Eastern
Colorado Midland
Detroit Bay C. A Alpena.
Detroit Laus. A North. . .
East Touuessee V». A Ga.
2,763,689
509,910
31.682
123.577
31,055
37,615
54,371
136,314
61,798
79.183
27,129
12,151
139,557
15,469
218.896
23,788
35,143
11.843
23,'363
130,317
Decrease.
$
$
10,885
19,000
30,218
25.000
12,001
1,715
,,
13.259
738
5.395
6.704
38,600
1,999
4,900
5,3.30
3,909
4,506
3.075
702
9.508
9.076
6,100
i,906
6,276
201,061
181.396
19,065
increase reaches 9'86
1889.
$
2,539,673
431.194
23,340
119,938
22,908
36,606
48,464
134.408
46,672
60,763
25.195
9.955
125,538
12,580
204,482
21,590
32,158
10,320
19,861
110,567
Increase.
9
241,804
78.716
8,342
3,639
8,147
1,009
5,907
1,906
15,126
18,420
1,934
2,196
14,019
3,XS9
14,414
2,198
2,985
1,523
3,102
19,750
Decrease.
9
18,788
•••
•
....••••
2d wttk of Juty.
Evaua.
£vaD«.
&
1800.
•
Indlnniipnlig.
8.811
A Tirn^ llautt*
A PiTi' Margiiutto.
Florida Central A IVuIn
22.73«
40.75«
Grand
BO.470
Flint
1«,7.'S7
Kapldti ic In<llaua
Claolnnali l5.JkFt.W..,
l>tln'rlinct*
C. Mi'ni.
KnnMiK
41.7071
17.504
47.702
lO.S.'SB
Blrni.
8.641)
3.787
14.252
5.897
48.916
18.258
310.219
18.128i
GENERAL INVESTMENT NEWS.
I
5.502
19.145
4.217
ijk
Deertat*.
Inertaif.
1880.
210
3.501
4,061
837
12,687
2,207
nrooblyn'HTalaation.— Brooklyn's total MnerwA valuation
the Board of An»e«s<)rs no $4.")2, 874,251. Of this
the real entate valuation is $431,027,444 and the peraonal
Thcac figures show an increase over
proi>erty $21,840,807.
in
430
1,870
10
2,522
3,790
made by
the previous year in the assessed value of real estate of
$23,874,309, and in the personal property valuation of $•'516,The N. Y. TimeH remarks: "In only three wards of ihe city
201.
10,239
ha« there been any deprtciation. whereas last year six wards
4,034
45.90(1
MeiupliU A C'harlciitou .
27.071
6,948
showed a falling off from the figures of 1888. Last year the
Mexican National
68.889
2,090
Eighteenth Ward showed the heaviest increase, but this year
Norfolk A Western
117.168
15,208
the residents of
Ohio A Mi8gl88lpul
79.314
3,885 the Twenty-.second carries off the honors for
OliioKlver
the park slope, with a total increase of $4,213,784." The
13.410
1.611
Ohio Val. of KentucKy...
3.526
795
following table will show the details of the real estate valuaPeoria Dec. A Evan*
12.5(18
1.093
tion:
Eleli. A Uanv. (8 roads)..
229.6751
7,425
Tncreate
Detreate
Valuation
Valuation
Bt. JosepU A Gr. iHland..
lO.OOO
18,697
Pt. L. Alt. A Til. Urchoa
18.466
5.584
1890.
1800.
1890.
1889.
Ward:
eciolo Vallev A N. E
12,341
3,284
$411,900
$30,252,400
1
$29,840,500
Texa.t A riicine
111.101
3,107
$16,100
5,074,.3OO
5,957,900
2
Toledo Peoria A Western.
15.667
1.34G
554,430
14,438,550
13,884,120
3
W^abash (consol. system).
236,2.'SO
78
30,920
12,778,630
12,«09,550
4
Wisconsin Central
21,524
78,007
5,608,'S20
71,940
5,680,460
5
2,120
18,424,650
18,426,770
6
Total (S6 roads)
35,095
566.556
€.207,527 5,676,066
594,430
23,947,100
24,501,530
7
Het Increase .0-36 p. c.)
531.461
1,887.260
10,778,610
12,665,870
8
731,^70
7,831,3iO
8,356,260
9
483,655
12,705,140
12,221,485
The table follow- 10
Net Earnlnffs Xonthly to Latest Dates.—
426,650
13,480,530
11
13,053,880
360,140
11.859,720
11,493,.580
12
full dsing shows the net earnings reported this week.
287,530
15,500,940
15,788,470
13
368.940
9,904,450
9,535,510
tailed statement, including all roads from which monthly re- 14
124,020
7,227,840
7,103,820
15
423,800
10,540,020
10,116,220
turns can be obtained, is given once a month in these columns, 16
1,146,790
16,474,320
15,326,530
17
3,184,675
28,683,480
25,498,805
and the latest statement of this kind will be found in the 18
722,140
19.570,820
18,848,680
19
108,960
21,446,470
21,555.430
Chronicle of July 19. The next will appear in the issu o f 20
19,765,754
742,184
21
19.023,570
4,212,780
36,322,450
32,109,670
22
August 23.
1,472,410
25,831,120
23
24,358,710
arou Samin{/t.
Xet Earnings.—
1,154,985
9,595,240
24
8,440,255
27,545,400
2,961,145
24,584,253
25
1890.
1889.
1889.
1890.
1,680,895
10,993,050
9,312,155
26
Road:
KroknkA
Wi'Ktern
Lake Krip
.i
WoHtern..
LiiulHV Evan«v. A St. I.
Luiiinvlllu A NaHlivillo...
LonlKv. N. Alb. A C'hio...
.
^.013
51,43S
22.048
30S,080
49.940
34.919
70.979
132.430
75.420
15.021
4,321
13.661
237.100
2S,697
24.050
15.625
114.298
14.321
236.32^
102,531
.
.
A
'
.
.
9
9
Baltuuore * Ohio—
UuesfiastOhioRiv.J'nc. 1,492.217 1.388.257
Jan. 1 to Jnuc 30... 8.m31,613 7.655.430
Oct. 1 to June 30. ..13,721,344 11,570,990
LinesWestOhloRiv.J'ue
418.372
414,931
Jan. 1 to June 30... 2,6(J7,539 2.309,107
Oct. 1 to June 30.
4,060.732 3,612,380
Total System
Juno. 1,910,589 1,803.188
Jau 1 to June 30. ..11.439,152 9,964.537
Oct. 1 to June 30.. .17.782,076 15,183,370
Chicago A Atlantic.. May.
221,530
167,302
Jan. 1 to May 31... 1,I55,.505
871,178
July 1 to May 31... 2,480,386 2,020,184
ChlcajroPeo. ASt. L.Apr.
31.082
28.016
Jan. 1 to April 30...
159,038
135,928
July 1 to April 30...
339,450
Clev. A Marietta.... Msy.
29,627
21,803
Jan. 1 to May 31...
114,322
102,159
Col. H.Val. &Tol....MBy.
257.033
196.753
Jan. 1 to May 31... 1,051,802
905,180
Det. Bayaty A Al.June.
52.873
48,935
Jan. 1 to June 30...
270,954
366,859
XftstTenn.ra.AOa.May.
531,770
400,924
Jan. 1 to May 31... 2,669,595 2.171,517
July I to May 31... 5.897,665 4,868,964
Knox V. 4 Ohio.... May.
60,474
44,893
Jan. 1 to May 31...
272,635
238,888
July 1 to May 31...
575,140
501,812
Totalsystem
Mav.
692,244
445,817
Jan. 1 to May 31... 2,942.230 2,410,404
July 1 to May 31... 6,472,805 5,370,776
Eliz.Lez. ABigSan.May.
66,892
58,792
Jan. 1 to May 31...
306,881
334,056
Kentucky Central... May.
90,056
84.161
Jan. 1 to May 31...
307,955
373,886
Keokuk A Western. May.
26.122
26,117
Jan. 1 to May 31...
139,584
129,801
Memphis ACha'st'n. May.
143.051
118.539
.Jan. 1 to May 31...
736.908
698,579
July 1 to .May 31... 1,655,362 1,505,806
Mexican Central. ...May.
524,244
564,668
Jan. 1 to ilny 31... 2,769,454 2,630,991
Mexican National.. June.
261,485
301,418
Jan. 1 to Juno 30... 1,860,139 1,837.962
Penn. (E. of P.AE.).IJune 5,172,0')4 3,931,020
Jan. 1 to June 30... 31.958,513 28,004,238
PlttsburK A West'n.May.
128,007
122,808
Jan. 1 to May. 31 ..
582,039
564,719
July 1 to May 31... 1,306,176 l,2c9,09o
Pitts. Oleve.ATol.May.
39,523
50.337
Jan. 1 to May 31...
194,146
20:1,600
July 1 to M,iy31...
441,552
466,297
Pitts. Palnes. A F.May.
28,703
31,967
Jan. 1 to May 31...
104,546
113.273
Julyl to May31...
247,499
282,119
Total system
May.
196,295
205,111
Jau. 1 to May 31...
880.732
881..589
Julyl to May 31... 1,995,227 2,007,509
Wlflfonsin Central.. May.
455,469
341,290
Jan. 1 to .May 31... 1,903,090 1,461,283
Julyl to May 31... 4,388,531 3,616,546
. .
.
«
»
439,016
485,559
2,611,264 2,271,455
4,511,622 3,550,846
32,441
81,462
322,793
300,632
707,772
579,250
471,457
567,021
Total
$407,153,135
$431,027,444
$24,C01,4S9
$127,180
Canadian Pacific.— A cable dispatch from London
to the
issue of additional capital stock of
the Canadian Pacific is publicly announced to be in the form
of £1,000,000 sterling 4 per cent perpetual debentures at 97i^
per cent. Of this £720,000 will be applied to the Pacific steamship service and the rest is for rolling stock and betterments.
The issue is made by the company direct."
The Canadian Pacific Railway Company has just completed
the arrangements made gome time ago for the lease of the en-
Toronto Gtobe says:
"The
2,934.037 2,572,087
5,219,394 4,130,096
36,244
31.857
254.523
116,250
660,190
341,949
13,701
12,004 tire New Brunswick Railway, and thereby connects ocean to
50,194
46,174
(x;ean with its own iron. The New Brunswick system com134,873
8,395
4,569 prises nearly 500 miles of railway.
26,828
24,029
Chicago.—The track laid since
Charleston Cincinnati
112,194
92,856
489,979
856,230 January 1 aggregates 25 miles on the various sections ; this
27,422
21,185 is from Johnson City north 15 miles ; Johnson City south
138,947
129,472 three miles, and between Rutherfordton, N. C, and Marion,
127,681
131,516 N. C, seven miles. The line now under construction is from
874,576
672,033 Johnson City north to coal fields at Minneapolis. This entire
2,243,468 1,585,960
90 miles has been graded except about 12 miles, and more
23,862
17,773
106,225
93,742 track would have been laid but for want of ties. From John213,494
198,633 ton City south to the State line between Tennessee and North
151,542
149,289 Carolina, 23 miles, all is under construction, and must be
980,800
763,771 be finished and track laid by Aug. 20. From Rutherfordton
2,456.961 1,784,593
to Marion. N. C, all the grading and bridging is completed on
29,143
15,556 the 25 miles, ties are all ready, and the company is laying
113,648
99,520
track as fast as possible. From Blacksburg to Newberry, S. C.
34,024
38,745
159,386
156,713 a distance of 70 miles, the contract has been let, and about
3,048
3,195 1,000 men are at work ; about ten miles is at present graded,
43,774
33,671 and aU is to be finished in 12 months.
For the balance of the
34.957
28,112 line to the Ohio River all the locations have been made, and
166,424
193,81*8
the company exoects to let more work in a month or two.
492,906
358.922
Railroad Gazette,
•176,078
•285,801
•954,614 1,289,574
Chicazo St Louis & Pittsbnr?.-The Philadelphia North
48,374
28,085 American
says: "A number of Philadelphians, holders of the,
366,529
339,762
preferred stock of Chicago St. Louis '& Pittsburg Railroads
1,057,083
706,879
8,976,232 8,410,473 have engaged General Newlin as counsel in legal proceedings
to enjoin tiie cairyingout of the merger of the southwest liner
59,599
49.512
257,940
of the Pennsylvania Railroad in so far aa it applies to the offee
208,93
581,186
493,148
made for their securities. The plan proposed is to exchange
5,068
14,141
Pittsburg preferred into new stock, each present 100 shares
38,287
40,221
receiving 66 2-3
new preferred and 33 1-3 new com95,423
118,670
mon.
The plaintiffs in this action, including some
13,489
8,690
[ieople who ori'jinally exchanged their C.
C. &, I. C.
24.252
32,937
10.5,82!
68,019
incomes
into Pittsburg preferrtjd, object to the pend77,14.^
73,356
ing reconstruction on the ground that they are asked to give
320,478
282,087
up a cumulative 6 per cent stock for a 4 per cent non-cumu744,6.56
717,641!
lative stock, and even then are asked to settle in that way at
193,419
118,92(1
06*i{ cents on the dollar, without being recompensed for seven
681,343
416,001
and one-half years' accumulation of earnings at 6 per cent per
1,710,361 1,129,0-11
innum. They claim that the cumulative dividencfs have been
' For the month of May
the subsidy certificate collections amounted
..'arned but have been credited into other accounts, or charged
to $122,068, a«?ainst $76,564 last year, and for the five mouths U<
off arbitrarily into extraordinary expenses."
•660,051, aKainst $373,727.
I The lines West of Pittsburir
A Erie show an increase of $717,641
Detroit Bay City k Alpena.— The following is a compararross and an increase of *300,280 net for June, aid of 2,900,931 grositive statement of earnings and expenses for tn e six monlhs
and *1,007,777 net for the six months.
ending June 30
&
'
I
Al^
1889.
1890.
Gross earnings
Operating expenses
$266,859
13-,386
*?I?'953
Net earninss
Fixed charges
$129,473
75,000
*138,947
75,000
"$54,473
$63,947
Surplus
J^npovts and documents.
_^_'22f
LEHIGH VALLEY RAILWAY
COMPANY OF
W
NE YO RK.
Houston & Texas Central. —M. Gernsheim & Co. have obtained from Justice O'Brien a new injunction against the
Central Trust Company, C. P. Huntington and others, restrain- FIRST MORTGAGE OF THE LEHIGH VALLEY RAILWAY COMPANY OF NEW YORK SECURING 4J^
ing them from issuing stock of the Houston & Texas Central
Railway on the ground that the trust company had not made
PER CENT GOLD BONDS DUE JULY 1, 1940.
the proposed assessment as required by the plan of reorganization. In reference to the new assessment of $71 40 a share,
declared recently by the Trust Company, Mr. Dittenhoefer
said that the reduction of |1 60 was far from satisfactory to
his clients. It bad, he said, been fixed upon the same calculations as the first assessment, the difference being due to the
addition of interest and the deduction of earnings in the
hands of the receiver.
Illinois Central.— The Board of Directors
of the Illinois
Central RR. Co. have determined to recommend to the stockholders that the capital stock be increased from $40,000,000 to
Stockholders of record September 20 will have
$45,000,000.
the privilege of subscribing at par to one share of new stock
for every eight shares held by them. The proposition to issue
$5,000,000 of new stock will be submitted to the annual meeting of stockholders, to be held in Chicago, October 8.
—
& Great Northern. The Committee of SecMortgage Bondholders of the International & Great
Northern Railroad Company has failed to carry out its plan.
Mr. J. A. Roosevelt, chairman of the committee, has issued
the following circular '• The parties negotiating with ns for
the purchase of International & Great Northern 3d mortgage
6 per cent bond certificates at 90 per cent and 5 per cent interest from 1st of July inform us that, owing to their inability to
remove certain legal complications which obstruct their plan
Inlernalional
ond
Date— June
—
33, 1890.
Parties. The Lehigh Valley Railway Company of New
York of the first part and the Girard Life Insurance Annuity
Trust Company, of Philadelphia, Trustee, of the second
&
part.
—
Property Covered. All the property of the Lehigh Valley
Railway Company, a company formed in June, 1890, by the
consolidation of the Lehigh Valley Railway Company, the
Buffalo & Geneva Railway Company, the Geneva & Sayre
Railroad Company and the Auburn & Ithaca Railway Company, all in the .State of New York.
Including 123 miles of completed road as follows:
Sayre to Geneva
Ithaca to Cayusa
Buffalo to near Lancaster
77 miles.
miles.
8 miles.— 123 miles.
.38
And
160 miles under construction.
Van
Ueueva
Ettenville to
56 miles.
96 miles.
8 miles.— 160 miles.
Geneva to near Lancaster
Junction to Auburn
Total
283 miles.
.
:
for the reorganization of the comjiany's finances, they will be
unable to cany out their intentions. Under these circumstances your committee will continue to protect your interests
by pressing the pending suit for foreclosure, which it is txpected will come before the court in September next." The
legal obstacles referred to are understood to be certain suits in
the Texas courts.
Mexican Loan
—The Bleichroder syndicate reports that the
contract for the subvention loan of £6,000,000 has been signed.
The contract will be dated July 1.
Boston report says: '• The
Berlin syndicate will probably be allowed some time in which to
place the bonds, and it will probably be several months before
the final payment to the Mexican Government is made. In
the meantime the Mexican Central will continue to collect
customs receipts as called for by its subsidy, accounting for
the same when the Mexican Government makes the final payment for its subsidy purchase."
A
New York & New England —The New York Times says
" The meeting of New York & New England directors, called
:
for last Tlmrsday, has been jx)stponed
it is
till
next Tuesday, when,
stated, a general conference will be held."
branches notv or hereafter acquired in New
York State, all appurtenances and rolling stock, and all property, real, personal or mixed, now owned or hereafter acquired for use in connection with said railroad.
[" The Lehigh Valley Railway is an extension of the Lehigh
Valley Railroad Company's system from Sayre, Penn., to
Buffalo, N. Y. The combined system of the two companies
will form a through line of double-track railway from New
York to Buffalo." * * * * " The terminal properties at Buffalo covered by this mortgage are large in extent (some 500
President Lehigh
acres), most important in location," etc.
Valley Railroad. All prior mortgage obligations have now
been retired.]
together with
all
—
THE BOND.
FIRST
Da(f— 1800.
MORTGAGE
4I3
FEB CENT GOLD BOXD.
nmomina ion— ^1.000
each.
Amount A7//AoWc^'rf^$15, 000,000, of which the llrst issue is to he
$6,000,0(10, and no fuitlier amounts can be is-sucd till a written certificate has been filed with the trustee stating that upon the property
covered by the mortgage there has been expended an amount equal to
the aggregate of the bonds theretofore certified and then asked to he
I
certitlert.
Prhieipal Pai/tiblf.—llie principal is payable July 1 1940, in gold coin
of the United States of America of the present standard of weight and
fineness.
Interfsl Paj/oble.— The interest is i^ per cent per annum, payable
,
January
1
and July
1 in like
gold coin.
Freedom From Ttixahon. — IJoth principal and interest are payable
N. T. Stock Exchange New Secnrlties. Listed.— The Com- without deduction tor any taxes, the comi>any agreeing to pay all taxes
which it may he required to retain therefrom.
mittee on Stock List of the Stock Exchange, acting under
Itegislratlon.— The bonds are coupon bonds, and may be registered
authority conferred by the Governing Committee, has admit- either as to principal alone or as to i)rincipal and interest.
Sinkhiff Fitnff. — ^oTie.
ted to the regular list §1,000,000 first mortgage 6 per cent gold
CHuirdiiti/.-Thu lionds are endorsed with the unconditional guar.antee
bonds of the Woodstock Iron Company of Anniston, Ala.
(both of principal and interest) of the Lehigh Valley Railroad Company.
—
St. Louis Arkansas & Texas.— At Tyler, Texas, July 33,
the United States Circuit Court for the Eastern District of
Texas, Judge David E. Bryant presiding, proceeded to issue its
decree for the sale of the St. Louis Arkansas & Texas Railway in
Texas. The sale is to take place in Waco at such time as may
be fixed by Special Master Judge ¥. N. Read, of Dallas, and
the attorneys for the complainants. This sale will include all
of the Texas Division, the order having been given several
days since for the sale of the road lying in Missouri and Arkansas.
Louis Alton & Terre Haute.—A meeting of the directors of the St. Louis Alton & Terre Haute Railway Company
was held at St. Louis on the 24th inst., at which was adopted a
St,
resolution favoring the transfer of the main line of the road
to the Cairo Vincennes
Chicago RR. at the figure decided
upon at the June meeting— $10,000,000.
meeting of the
stockholders to ratify the action of the board is called for
&
A
October 3.
Seattle Lake Shore & Eastern,— Northern Pac'flc
President Oakes, of the Northern Pacific, admits that his
company has secured the Seattle Lake Shore & Eastern
through the Oregon Trans-Continental. He says that the O T
has purchased a little more than the niajoritv of the capitii
stock of the Seattle Co., that is about $3,000,000 out of
the
$5,000,000, and has leased the property upon the basis of
a
guarantee of 6 per cent interest upon the outstanding bonds
and the further i^sue of I onds necessary to complete the line
to the international boundary—a total of about
.S5,000 000
llie annual rental will be about $300,000.
The Northern Pa-
—
Co. will enter upon the active operation of the
Seattle
Co. under tiie lease on the 25th inst.
cific
Virginia Bonds.— A cable from Brown, Shipley & Co of
London announces that securities of the State of Virginia
amounting to $7,000,000, have been deposited with them under
the Olcott agreement for the settlement of the debt
Coupons When Paid
to
Have
JVo
Lien.
— " No
interest
coupons annexed to the bonds secured hereby after maturity,
and after payment or purchase by the railway company, or
by its guarantor, or by any person or corporation making
such payment or purchase with funds furnished directly or
indirectly by tlie railway company or its guarantor, shall
after such payment or purchase be considered as secured by
this mortgage, as against the holders of bonds or coupons
secured hereunder."
Default. In case of default for any period exceeding six months in the payment of principal or -interest,
or of any taxes, etc., or ir. case of failure to keep said railroads and appurtenances in good order and repair, then the
trustee shall, upon the written request of the holders of onefourth of the bonds then outstanding, or without such request, in its own discretion, it may enter upon and take possession of all the railroads and premises hereby mortgaged,
and operate the .'^ame, appropriating the net income therefrom
(after
deducting
the expenses
of
this trust),
to the payment in full, without giving ])reference to one bond
over anather—firstly, of the interest due on the bonds then
outstanding, and, secondly, of the principal of said bonds. Or
the said trustee shall, upon written request as aforesaid,
or without such request, in its own discretion, proceed to
sell the railroads, property, franchises, etc., hereby conveyed,
to the highes^t bidder at public sale in New "York City,
applying the purchase money (after deducting therefrom the
expenses of this trust) to the payment of the ]>riuoipaI of the
bonds outstanding and of the interest accrued thereon up to
that time, without distinction or preference as between principal and interest, but ratably to the aggregate amount of
such principal and accrued interest.
It is further agreed that in the event of default, as aforesaid,
the whole principal sum of all the bonds tlien outstanding
shall, at the option of the trustee, or, if the trustee omit to
exercise such option, at the option of the holders of
—
Jolt
THE CHRONICLE.
2«, 18W.J
25 per cent
expressed in
in
nniount of
the
Imnds then outHtandtnx,
(iue
'ght OPcrmmjerdal ^imes.
and delivered
to the truHtoe, forthwith
In case of a sale of the mortgaged
property, either by the trustee or by judicial pr<x^ee<l^n^?a, the
whole of «iid principal sum shall at once bo<.'.om'3 due and )iayable if the same shall not have been previously declared due.
But when the princi]K-\l sum thereof ha.s been declared to have
become due and payable by the trustee, the holders of a
majority in amotnit of the bonds then outstaniling may
reverse such dei-laration on such terms and conditions as such
maioritv may deem proper.
For the better securing the largest possible price for the
mort<»aK<Hl premiums in the event of the sale thereof, it Ls
agreed that the motle of sale hereinbefore provided shall be
e.xclusive of all others; but nothing herein contained shall lie
held to impair the right of the trastee to avail itself of all
remedies imder the laws of the State of New York or of tlie
United States, by foreclosure or otherwise.
Providtii, That no bondholder shall have the right to institute any suit in eijuity or at law for the execution of the
trusts hereof without Hrst giving notice in writing to the
trustee, and requesting it to institute such action.
TriiMees.
It is agreed that any trustees may be removed at
become
writinfj;
and payable.
—
any time by an instrument
in writing executed by a majority
the holders of the bonds secured hereby and
then outstanding, and in case of a vacancy in the trusteeship,
a majority in amount of holders of the then outstanding
bonds shall have the right, by instrument in writing, to
appoint a new trustee. Until such appointment be so made
the board of directors of the railway company may appoint
a new trustee to (ill such vacancy for the time teing.
Should any vacancy be filled by the company under the foregoing provision it shall be competent for any court of competent jurisdiction in the premises, upon the application of a
majority in amount of the bondholders, to annul such appointment, and to appoint the trustee nominated by such majority.
in interest of
Sngar Trust —Treasurer Searles, of the Sugar Trust,
made the following statement prior to the issue of the circular
on reorganization
"Since the decision of the Court of
Appeals in the North River case, which practically decided
:
the Trust as now constituted to be illegal, the trustees and
their counsel have been steadily occupied in considering the
best course to be pursued in the interest of the certificate
holders. At a meeting of the trustees, held Tuesday, the
entire board being present, a conunittee was appointed with
full authority to take such action as is necessary to wind up
the Trust and provide for its reorganization.
"Under this authority a suit has been commenced in Kings
County in the name of the trustees in which the corporations
and all certificate holders are made defendants. The action
is brought for the purpose of winding up the Trust and providing for a sale of the properties under the authority of the
Court for the benefit of the certificate holders who are the beneficiary owners of the property.
"It is believed that this proceeding will preclude the necessity of any other legal action, certainly so far as the Attorney
General is concerned, which accomplishes everything he asks
for, providing as it dees for the winding up of the corixjrations in this State connected with the Trust and still further
for the winding up of the Trust itself. As the certificate
holders are made defendants in the suit this action will furnish an opportunity for any certificate holder to be heard and
save the necessity of any independent action.
"A circular letter to the certificate holders is in preparation
advising them of the action taken by' the trustees to wind up
the Trust and at the same time stating that while it does not
rest with the trustees as such to take the responsibilities of a
plan of reorganization, nevertheless as certificate holders, and
themselves largely interested in the property, and the future
of the business, they are desirous that a plan of reorganization shall be determined upon which shall be approved if
poB8ib!e by all certificate holders as being most favorable to
their interests and shall be attended with the least possible expense, delay and embarra-ssments.
"To this end they are willing to put at the disposition of the
certificate holders such information and experience as they
have and to render all the assistance in their power. The
circular nominates a committee on reorgani^tion and contains an invitation to such certificate holders as favor the
proposition and desire to co-operate with the individuals compoeing the entire board of trustees, to do so, and contains also
the necessary instructions."
The circular issued on July 25 says that the trustees
" Propose tliat Messrs. Theodore A. Havemcyer, F. O. Uattbiessen,
J. B. Thoiii.is, Jtio. E. Scenes, Jr., and J. A. bturslierg, together with
meh blinkers as they may select, he apiHilnted a committee hv the certitliate holders, with full iiower to represent them in the pendinir proved iiigs and to form a new organization for the purpose of protecting
Uie property and promoting the interests of the certifleate holders
" All eertlllcati- linlders who favor this proposition and desire to
cooperate with the undersigned in a plan of reorganization may scud
their ccrtllleales, with tniusfers, to the Central Trust Company of New
lork. accompanied by the enclosed power of attorney, dulv executed.
" The Central Trust Company will issue, in lieu of the certlflcates
of
the Sugar Rctlneries Company deposited, their certificates, which will
he ncgotuible with the same faculty as the iwesent certificates of the
Sugar lictlneries Company.
" It is desirable that actloa by certificate-holders
shall be had as
IToniptl} as possible."
Slgnea: Theo. A. Havemcyer, Henry |0. Havemeyer, F. O. Matthies-'•n, Joseph B. Thomas. John E.
Searles, Ir., Julius A. Stursberg. John
lurgenson, John E. Parsons, Willlum Dick, William F. Havemeyer,
( harles O. Foster.
116
COMMERCIAL EPITOME.
Friday Nioht, July
There
25, 1800.
midsummer
dulnoss in regular trade, and yet commercial circles are not without features of interest. Adverse
crop pro8i)ect8 in Europe have caused an active export mov»mortt In breadstuffs. In tliis country the weather has been
is
generally favorable, but the temperature was quite low in
northern latitudes, and the extreme Southwest suffered from
drought. Rains that were much needed have fallen in the
Northeast. Little or no progress has been made with the
pending tariff bill. An agitation has been begun in the South,
proposing to " boycott" Northern merchants in case a bill interfering with the State control of Congressional elections
shall become a law, but it is believed that wiser councils will
prevaU on both sides.
Lard on the spot was dull and drooping early in the week,
but yesterday turned stronger and to-day was active and
firmer, selling at 5-75c. for prime city and 6-lOc. for prime,
with refined for the Continent quoted at 636-50c. The speculation in lard futures was also weakening to values, but they
improved in sympathy with the com market, and to-day 3,750
tcs. soldat 608@610c. for August and 6-23@6-25c. for September, closing steady.
DAILY OLOBINO FBICBS OF LARD WTXTRIS.
Uon.
Tue$.
610
604
6-25
6-35
6-18
6-27
602
607
6-33
6-32
Bat.
August delivery
September delivery
October deli very
o.
c.
o.
o.
o.
November delivery
December delivery
Wed.
6'01
618
6-2tf
6-2s»
6-30
6-31
6-26
6-31
6-30
Thur,
6'04
616
6-34
6-33
Fri.
609
6-25
635
6-42
6-40
Pork is partially lower, but the decline was attended by increased activity, and the close is steadier at $13 g $13 50 for
new mess, |10@$10 25 for extra prime and $13@S13 25 for
clear backs.
Beef is steady at $6 50® $7 for extra mess, $7 50
@$8
and $12 50@ $14 50 for extra India mess.
are firmer at $16 75@$17 per barrel.
for packet
hams
Beef
Cut meats have been quiet, but close slightly dearer. Western sweet pickled hams sold to-day for September at 9J^c,
City quoted at 9^@10}4c. for pickled hams, h%(a,^^c. for do.
shoulders and 5® .5i>^c. for bellies; smoked shoulders 6%@ 6%c.
and smoked hams lOJ^MllJ^c. Tallow is firm at 4)^c!
Stearine is lower at m^l^ic in hhds. and tcs., and oleomargarine steady at 5Jg@ec. Butter dull at 14® 18c. for creamery
and ll@16c. for State dairy. Cheese is lower at 6}4@l%c,
for State factory, full cream.
Coffee on the spot is imchanged at 17%c. for No. 7 Rio, and
to-day the demand was more urgent, with 2,500 bags No. 6
sold at 19}^c. The speculation in Rio options took a stronger
turn to-day, on a falling off in receipts at Brazil markets,
which caused a demand to cover contracts, closing steady,
with sellers as follows:
July.
August
September
—showing
17-25C.
17-150.
16-60c.
October
I
1
November
December
a slight decline
15-95o.
13-60o.
15-500.
froili
last
I
|
January
February
March
week
15-300.
15-15o.
15-150.
in the winter
months.
Raw
sugars are a fraction dearer at 4JgC. for fair refining
muscovado and 5i^c. for centrifugal, 96 deg. test, and the
market yesterday and to-day was quite active. The sales yesterday embraced 30'000 bags centrifugal, mostly at the
Breakwater for New York and Philadelphia, at 3i^c., c. f. i..
for 96 deg. test, and to-day 2,600 hhds. muscovado at 4 ll-isc.
for 87 deg. test and 4J'gC. for 89 deg. test also molasses su;
gar, 89 deg. test, at 3}^c., short price, Refined sugars declined and partially recovered, closing at 6 7-16c. for granulated and 6%c. for standard crushed. The tea sale went off
at firm prices, the offering being a small one.
Kentucky tobacco has been quieter; sales for the week are
only 200 hhds. at imchanged prices. Seed leaf in fair demand;
sales for the week 1,120 cases as follows: 500 cases 1889 crop.
State Havana, private terms; 220 cases 1888 crop, PennsWvania Havana and seed leaf, 8 to 14c.; 150 cases 1888 crop,
Wisconsin Havana, 11 to \^)4.c., and 250 cases stmdries, 5 to
3.1C.; also 750 bales Havana,
65c. to $1 15, and 500 bales
Sumatra, $1 25 to $2 40.
Refined Petroleum in shipping order is quoted at 7"20c. in
bbls and 9-lOc. incases; crude, in bbls., 7-40c., and naphtha 7-40c. Crude certificates closed at 89c. a slight decline.
Spirits
turpentine declined, closing weak at 42g|42^c.
Rosins are lower, especially for the low grades, and close
weak at $1 40®! 45 for common to good strained. Wool is
dull, and barely steady.
Hops have done a little better on a
revival of export demand.
On the Metal Exchange Straits tin is lower, with a sale today at 20-85c. for August and quoted at20'90c.on the spot. Ingot copper is also loijver and quoted at 16-90c for lake. Domestio
lead is somewhat depressed and quoted at 4 -4.5c. Pig iron
warrants have been very dull and close nominal. The interior
iron markets are reported fairly active for manufactured
stock.
—
THE CHRONICLE.
116
COTTO N.
25, 1890.
Friday. P. M.. July
as indicated by our telegram*
ending
from the South to-night, is given below. For the week bales,
reached 3,64i
this evening the total receipts have
The Movement of the Crop,
the previout
against 3,500 bales last week and 1,303 bales
1»»J,
week making the total receipts since the 1st of Sept.,
the same period of
5,790,537 bales, against 5,506.316 bales for
of 284,221 bales.
188&^9 showing ai increase since Se pt. 1, 1889,
Galveston
El Paso, Ac.
Saw
Wed.
Tuet.
Jfon.
Sat.
Beeeipttal—
4
22
ToUd.
Fri.
Thur$.
30
4
22
54
6
2dO
2
63
124
206
4
Orleans...
Mobile
66
1
Savannah
Brunsw'k, &c.
Charleston
Port Royal,*c
Wilmington....
Waali'gton,&c
413
533
15
731
Florida
38
6
268
1,746
135
71
57
7
•"
12
43
298
9
130
STorfolk
260
West Point...
4
5
100
1
149
York
Boston
20
50
-
Baltimore
39
2
37
Plinadelph'a,ctc
3,613
554
71
835
819
750
Totals this week
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1889, and
the stock to-night, compared with last year.
615
1888-89.
1889-90.
Stock.
BeceipUto
Thit
Week.
Jttly 25.
39
533
15
Mobile
Florida
..
1,746
Brun3.,&o.
Charleston ..
P.KoyaJ.&c
135
21
Wilmington
Wash'tn.ifec
Norfolk
West Point.
NwptN.,ic
New York.
..
Boston
Baltimore.
..
&c
Phil'dera,
1889.
Since Sep.
Thif
Week.
1,
73
•90,071
81,369
Kew Orleans.
.
1,
282
558
65
149
70
30
. .
Savannah
Siiue Sep.
838,747
23,212
1,949,749
239,843
32,277
•937,786
162,962
320,586
1,833
*132,B22
3,749
402,371
325,764
59,132
115,541
72,768
Galveston
El Paso.&o.
We
&
On
8
342
37
801
17
50
13
111
33
215
1889.
1890.
1888.
671,155
23,127
1,688,876
209,329
27,010
814,196
132,099
383,633
16,225
151,978
4,369
484,891
411,076
136,244
130,701
103,632
66,165
51,610
125
232
15,685
12,013
301
586
2,693
952
286
175
836
191
2,531
426
58,458
1,700
110,306
2,800
1,889
6,949
996
5,007
New Orleans...
2,519
Mobi.e
Charleston
None.
None.
None.
None.
None.
3,643 5,790,537
1,710 5,506,316
88,118 136,569
as correction of receipts since September 1, 605 bales at
Savannah, 92 bales at Wilmington and 2,393 bales at Baltimore.
be made with otiier years, we
In order tliat comparison
give below the totals at leading ports for six seasons.
Added
may
1890.
Receipl^ at-
New
Orleans
Mobile
Bavannah.
1889.
30
533
15
Oalv'ston.iScc
81
342
37
801
6
4
17
63
359
1,746
.
135
21
282
623
258
Charr8t'D,<&c
Wllm'gt'n,<tc
Norfolk
W't Point, Ac
All others
Tot.thlsweek
3,643
1,710
1887.
18S8.
1886.
18S5.
253
247
1,152
2,035
119
629
9
30
1,532
2
111
51
1,826
12
536
401
16
335
39
118
3,409
82
4,362
1,828
8,033
131
1,662
58
635
2,531
9,060
130
291
57
28
136
2,588
Since Sept.l 15700,537 5506,316 5488.937'5204,679 5298,672
4723,913
The exports for the week ending this evening reach a total
of 12,757 bales, of which 11,731 were to Great Britain,
to France and 1,036 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1889
Week Ending July
Bxyorted to—
Iixport$
Qrtat
from—
Oon.ti-\
Ftom
25.
Total
Galveston
6,602;
Gnat
.
34.650
020,627'34l,708
—
Conttn«nt.
Norfolk
New York
132,110 474,259
547,283 1 ,809,618
61,281
. .
Wllmlnston...!
Norfolk
79,161!
44,789
631,409
117,179
240,332
112,140
S«6,991
24,02o!
1811,846
30,226
348,121;
24,246
164,802
102,892'
14,2871
...
32,088|
!
West
Point....]
166,326
87,706
N'port Nw», Ac.
New
rork-....!
Boston
«,MS
806
6|
Baltimore.
PhU»ilelp'«,4o'
Total..
...I
Total, 168^89.
11.721
10,886
7,260^
96
42,687
1,574
37.801
149,015
4,114
641,094
136,060
64,016
86,582
sl
732,826
140,1B4
65,31B
2,139
120,938
37,721
12.767 2,858,246 475,100 1,312,079 4,845,426
803'
.469'
6,000
1.000
Other ports
Total 1889...
Total 1888...
Cocut-
None.
None.
None.
None.
None.
-None.
800
None.
None.
None.
None.
None.
None.
None.
15
None.
Stock.
Total.
wise.
17
None.
100
200
None.
2,536
13,149
None.
100
200
None.
1,200
301
186
2,493
125
1,331
51,643
7,039
1.200
6,815
1,000
None.
None.
9,519
15
800
1,517
11,851
76,267
9.928
12,913
2,005
1,789
5,000
140
957
13,862
19,720
122,707
173,935
Total 1890..
850
I
much
force to the opening of Tuesday's
due mainly to the statistical pothe
drought
in
Texas and other
sition and
to
parts exciting apprehensions of danger to the growing crop.
tinued with
and
market,
was
On
Tuesday, soon after the opening, u pretty general selling
began, under which prices made an irregular deAdvices were received of showers in the whole cotton
cline.
region, supplying in part at least the moisture that had
come to be very much needed, and Liverpool did not improve
as much as was expected. On Wednesday Liverpool reported
buoyant futures and a strong, active spot market. ManchesBut we responded very
ter also made a favorable report.
feebly, and after a small advance there was a sharp decline.
confirmed, taking the spirit out
Reports of rain were fully
of the buying for the next crop. Yesterday the market advanced a few points, in the face of a weaker Liverpool market.
There were reports of drought in the more distant por-
movement
—
11,648 2,886.-74 405,918 1,381.318 4,678.710
—
tions of the trans-Mississippi region, which
spite of generally favorable crop accounts.
had
their
efifect
in
To-day there was
very little doing and no important change in prices. Cotton
on the spot advanced Ji^c. on Monday and declined i^c. on
Wednesday, when an unusually large export business was
reported, the cotton being obtained, it was said, in exchange
for July options. To-day there was a further decline of l-16c.
leading to some increase in the volume of business, middling
uplands closing at 12J^c.
The total sales for forward delivery for the week are 338,500
For immediate delivery the total sales foot up this week
bales.
14,758 bales, including 13,256 for export, 1,502 for consumption,
for speculation, and
in transit.
Of the above
bales
were to arrive. Tfcie following are the official quotations for
each day of the past week July 19 to July 25.
—
—
—
—
UPLANDS.
Ordinary
Strict Ordinary
Good Ordinary
Strict
inon Taea
Sat.
..*!":lir"
10'8
Good Ordinary..
Wed
9l3,f
9iii«
913i6
1014
11%
11%
Strict IjOw Middling...
12
Middling
Middling Fair
Pair
•Vlb
1218
mon Taea Wed
10
107,6
116,6
107,8
115,,
11%
11%
123,6
127,8
1258
1278
131,6
131s
123,,
127,6
12=8
1278
131,6
I3I9
14
14
123,8
1238
12=8
1213,8
I3I4
Middling
Good Middling
Strict Go*l Middling.
MiddlintrlFair...
Middling [Fair
Fair
13%
STAINED.
Good Ordin.iry
11 'e
1216
l^lb.
StrictGood Ordinary
Low Middling
Uiddliog
9^8
105i6
113,6
11=8
121,6
125,8
1212
1234
12l»,e
1338
13's
95,8
WtU
9>8
105,6
10',6
11=8
12',e
125,6
1213
9l3i«
10 14
llifl
11»16
12
I214
127,6
12% 12ll,6
1216,6 12^8
1338
135.6
1379
131*16
I
I
Tta
99l8
103,6
97.6
IOI18
90ia
9'°18l01,8
1116
lO'e
lOUislllIS,,
MARKET AND
11%
Tli.
Mon Taea Wed
Sat.
lOiji
1016.
lii»ie
121,8
12a„ 12">18 1214
12'.
12ii,„ 129, ^. 12 'i» 121a
1278
12% 12% 1211,8
135,6 13',« 133,« 1319
1313,, 1311.«l 1311,, 13»8
12 >4
10
ll"u
Low Middling...
9=8
9lii«
11
in,,
9%
10S,8
11'18
III3
FrI.
Tta.
1016
11
11;,«
lOifl
Sat.
GULF.
Strict
12
1214
12<iS 12'18
12'ie 1211,8
1259
12^8
13>te 13'18
la-iB 13!».6
Good Middling
Strict Good Middling.
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary.
Low Middling
lOU
llQ
U^IS H»ie
LowMiddiinif
Totai.
87,756
153.062
i
.
1889, to July 25, 1890
«,789:
'
gavannah
Bmnswlck
1.
Britain. fraiutl
807,490
Orleans..
Mobile
-Charleston
Sept.
Bxptprted to
flrifn.*™"" nent.\wetk.
New
.
Savannah
Totals
•
Other
France. Foreign
Oreal
Britain.
. .
Shipboard, not cleared—for
Leaving
July 25, at—
The speculation in cotton for future delivery at this market
opened the week under review considerably obstructed by
the fire in the Western Union building, which impeded tele382 graphic communication with other commercial centres.
558 Prices, however, had an upward tendency, which was con65
119
70
65
N'wp'tN's,&c.
New
VOL. LI.
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs.
Lambert. 34 Beaver Street.
Carey, Yale
Galveston
.
I
im
9''l8
101,8
11
Frl.
9%
IOWm
10
ll'3l8 lU'ia 11%."
SALES.
The total sales and future deliveries each dav during the
week are indicated in the following statement. For the
convenience of the reader we also add a column which shows
at a glance how the market closed on same days.
SALES OF SPOT AND TRANSIT.
SPOT MAKKET
CLOSED.
steady
Mon Quiet ut 14 adv.
rues. Quiet & steady.
Wed hteady at hi dec.
rhur. Quiet & steady.
Sat.
.
Ex-
Con-
port.
sump,
7,518
.
Pri...
St'dy at iiedeo.
4,908
100
700
Spec- Tranul't'n
Total.
tit.
485
367
181
155
147
167
8,033
Sulci,
trie,.
8,300
367 3>',200
181 42,300
5,063
247
867
61,700
56,100
31,900
Total
13,256| 1,502
14,758 238,50i:
The daily deliveries given above are actually delivered the ds»
previous to that on which they are reported.
.
July
•I'HE
26, 1690.]
Tbe Sales and Pricks of Futures
are
CHRONICLE.
shown by tha
following comprehensive table:
H
gi
^
2
£
'ir.
J
-
"3
5.?=*
^.
M 44
»o
:
?
QUSb
?r3.E.ci
2 2
n •
1 li
«
*
<
3
3
— i»a o>T)?2 o'^Ss "''g'S «"'g'2
;m*.H ?r"^5.oi triwj !r3.E,tf
ft-flxa.
Jl,
2
m
0u
lEs.
^,
•
o
:
to
li
if
CB.
l'<t»0.
a
I
3:
'
O M
§
g>«ug
^
5.9*8
— — CO®
2§^
u
MM b. MM 1^
MM ^
MIA ^ MM ^
uu 2 «iw 2
MM S
«
MM^M
ICIOQM MMOM MMOM KMOM MMOM
«o?
2-r
09
MMOM
t^-ii-^iMM®M
o a o<_ ^
w
'lO
*J«0
Ml-
2
b>
MM 5 MM
a 00
co(o
a»OM-«
&.*•:
I
I
Wk-QOM
,
o:s^!6
(CO**©
g» Ca
.<
M
M
I
2
"^
».<":
"•
I
sp:
1
MM
MM
m6
5
2
»,":
I
MOM tCMOM
00 ^
t&»
COCO COCO
©»^» (050 «..
» oaca CI
CO ^
66 2
»- MO
**;
MOSM
ill
<0
WW
»?"
1
^
•r-r
O^
,
1
2
"
OO
66
iii*.
CO
IJ
MM ^ — M ^
00 IJ
00
2
^1^
15
9.":
2
»J^:
MM W —
OCOO MM —
OOOO
1
It.*.®*.
1
OM O
M
00 >
iM-i^
2
9*-:
MMM —
OOOO
I
:
"^
»
-j-j
2
»*-:
I
I
2
'^
MM
—M—
I
9
:
ooo
M
M
^
Uii
M—
00 5
i^ii
2 §§ 3
2
9!-':
9?';
9.":
9
MM OM
oooo MMC — OOOO
COCO MM^M
ot6°cii
66*6
MM M
MM >. — M > 00
00
5
66 2 oio 2
2
WW
WM
00
&>»:
».*:
9i»:
MMMM oooo oooo
OOOO
O6 66*6
t>'(»"^c;i
»>o<^i(^
0!O)
xw
au
u —M —
— M ^ M—
MM ^ ft-' >
?? !? 00 5 00 5
< oc «
MM 9 0)6 2 66 2 oej 2
I
1
""
"^
"^
1
I
CM O
CO 5
C>iC^
w—
9®:
90":
9.^:
M— COM M — *.— M— O — MM*.M
OOOO OOOO OOOO OOOO
1^1*-
•*
'
wr^:
cnOci,
U M
I
CP
1
v»^c^
it-C»
M
**
C;iOi
1
MO)
I
9r:
w
CO
MM V
00 5
6-j 2 »4-J
wo ^ «M
CO ^
WW 2
Total Great Britain stock.
Stock at Hamburg
Stock at liremen
Stock at Amsterdam
Stock at Kutterdam
Stock at Antwerp
Stock at Havre
Stock lit Marseilles
Stock at liarceloua
Stock at Genoa
Stock at Trieste
784,000
4,100
40,000
6,000
684,000
2,100
28,900
11,000
558,000
4,600
38,000
10,000
708,000
200
300
6,000
148,000
4,000
62,000
4,000
4,000
15,000
85.000
5,000
53,000
8,000
6,000
400
700
1,100
133.000
3,000
55,000
7,000
11,000
205,000
3,000
39,000
5,000
12,00O
281,300
214,300
262,700
361,300
Total European stocks
1.0f.«,300
India cotton afloat forKuropo.
127,000
898,300
83,000
820,700 1,069,300
75.000 162,000
65,000
45,00O
16.000
21,000
193,635 192,05g
26,617
21,504
1,770
3,162
Aiuer. cott'n afloat for Europe.
EKyi)t,Bra/,ll.&c.,aHtforE'r'pe
1
I
CO
<
2
"^
I
I
o
M
9
1
>-
».^:
1
9.":
1
.000
9.-268
733
3,826
8.82/
733
9,288
3,326
Total American
Xast Indian^ Bragit^ de.
Liverpool stock
Loudon stock
Coiuinental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
729,678
732,663
824,042
861,724
339,000
15,000
08,300
127,000
8,000
240.000
21.000
90.300
83,000
11,000
152,000
16.000
1 15,700
75,000
16,000
278,000
31,000
587.300
729,678
445.300
732,663
374,700
652,300
861,724
—
Total East India, 4c
Total American
390,000
147,000
65,000
193,655
26,617
1,770
8-24,042
405,000
IQ.^OOO
45,000
192,058
21,504
3,162
166,.SOO
162,000
21,000
Total visible supply
1,316,978 1,177.963 1,198,742 1,514,024
Price Mid. Upl., Liverpool....
Kisd.
6»8d.
SSi.d.
5»ied.
Price Mid. Upl.. New York....
I214C.
ll'itC.
101»ibC.
lO^ieO.
The imports into Continental ports this week have lieen
30.000 bales.
tW
The above figures indicate an increase in the cotton in sight
to-night of 139,015 bales as compared with the same date
of 1889, an increase of 118,338 bales as compared with the
corresponding date of 1888 and a decrease of 197,046 bales
as compared with 1887.
At the Interior Towns the movement—that
is the receipts
the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1888-89 is set out in detail in the
foUowing statement.
for the
week, and since September
1,
—
-2 = 5--
pert5;^
pa-
m
» w
IS
•
1
•^i+.
,
n*.
.
.
.
== *
=^«
o
4
o.
E; P:
a
»»£"§§•
at
°;:
;
;
•I
^=.
»«^C.rS'^
p.
,
— & oc —
:
:
:
:
»:
:
a
MMMMMM as
M CO O ~j
M
^
I
1
:
I
M
I
3ti,0O0
130.569
423,000
124,000
36.000
136,569
I
oooo
>
20O
430.000
186,000
16.000
88,118
•«
-'o
32,000
Liverpool stock
bales
Continental stocks
American afloat for Europe...
United Statei! stock
United States interior stocks..
United States exports to-day.
•-
<6
Ki.OOO
8.000
88.118
8,827
Stock
ITnited States ports ..
Stock In U. 9. Interior towns..
United States exports to-day.
on QCOS
esr: — 9.":
sir:
ar'
9
— MSJ —
— -1 — M — as — M-OM
oooo oooo oooo 6-"|C-j OOOO M-<IM
oooo
OOOO
eifiO^
cji6«i-i
-J -j * -j
»JM 600
CD
OlM o ^CO CO OM M
—M ^
00 5
00 5
6cjl
CO
000
Oto "
*<
5,000
50,000
:
1
t».
I
677,000
31,000
IJ
*-p<'
I
542,000
16,000
A mencan —
©o
IJ
!J
00
66
I
1887.
663,000
21,000
Total visible supply
1,310,978 1,177,963 1,198,742 1,514,024
Of the above, the totals of American and other descriptions are as follows:
T«r;
— mWM MMU —
MM OM MMO —
ftf*>0^ oo'^o
MM M
MM ^
OO
—
0~<
9
I
95";
I
».*':
^<5a
ao
95':
MMM
MOM
5*.
I
IJ
1888.
769,000
15,000
m
2
V O
®«:
9*:
— — WM Mr-MM
OMOO -MOM
i-Oe,
(fioO-fl OM
_
mC qi
— M V M- >.
00
66
MM
1^
MM ^
i»i«'m'>
1
fc.
!?
— My»
ocoo oooo oooo
OO
MM
MM
rM
1889.
balet
Stock at Liverpool
Stock at London
:
I
<e<c
The Visible Supi'lt ok Cotton to-night, as made up by cabla
»nd telograpli, is an follows. The Continental stocla, as well a*
tliORO for (ireat Britain and the afloat are this week's retams^
anil consequpntly all the Eurojjean flgures are brought down
to Thursday evening.
But to make the totals the completft
flgures for to-night (July 2!>), we add the item of exiK)rts from
the United States, including in it the exports of Friday only.
Total Continental stocks
»
a:
T
I
vrir
3;g
117
4
I
I
I
19
I
I
t
I
19
tS
I
19
<i
l(^MO>—
I
I
I
I
I
I
I
I
I
I
I
I
I
9
I:
I
I
M
01
M
M
— C0MO*.-MC0M^<IMC;iC0^*44:WXO
WaaDC;iMrf^MQC*.QDjU*..-.4<ItCjSXOp
•Qolf.- o o b o w wco o w'x W M c ic CS M
t^OSOTCO^MOOCOM- aMWCWCOOtO
I
S-13
C0«»
I
19:
o o:;si OS c;'_—
o>Vi**o*.o..co
M CS CO *. — — GO
I
I
I
:
MM
CO
CDCO^CXMOS^
?
*•:
OS.
coxwo^M*.it^a;ooD<iwx#.ooo^
1(^0
MCC'
xcoecoDtc
-4CSCKC0M.
M
•
Mi^; m:
CO
a>
a w*
coMs<M
MMMCO. V- wccxcoo^
3
it
I
COM
1
I
I
I
I
I
M
9
I
I
M*--
:
CffXQSM.
M>
odmwm: m;
I
19:
I
I
;
M^ M*'
CTOMOIO
'
;
<ococ;ic;ta.
ct.
CO
CO
•
eOMOO
:
Qp*krf-
^01.
MOO
— M' o*4
m;
o^^MO.
c;ic;»
* f
w
"
:
• Includes dales In September, 1889, for September,
147,600; Septem.JerOctober, for October, 6.10,600; September-November, for November,
•36,200; Seiitember-Decemlier, for December. 9,'j7,200; BeptemberJauuary, for .raiinary, 1,.'>70,100; Septembcr-Kchruary, for February,
l,l'.i>>,100; 6i>j)tember-Marcli. for March, 2.236.U01); aoptembcr-Aprll,
for April, 1,555,600: Septomber-May, for May, 1,815,700; HcutcmborJune, for June, 1,830,100.
We have included in the above table, and shall continue each
wei.k to (^ve. the average price «f futures each day for each month. It
will bo found under each day foUowius the abbre\iation '•
AvM." The
average for each mouth for the week Is also fflven at bottom of table,
lo^.^"''"''*'''" Orders— Saturday, 12-25c.; Monday. 12-.15C.; Tuesday,
laaoc; Wednesday, 12-30c.; Thursd.iy, 12-30c,; Friday, 12-25o.
TW
The foUowing exchanges have been made during the week:
100 Aug for July
•2S pd. to exch. 200 Au« for July
100 Nov for Oct
29 pd. to exoh. 500 Au(? for July
•29 pd. to cxoh.
•li pd. to eich.
•*" pd. to eich.
•0* pd. to exch.
100 .Nov for Sept
100 Jau for Feb,
08 pd. »o exch. 100 Jan for March
•
}
1889 llKures arc for Palestine, f 1880
LoulsviUe In both years nr« " net."
are for Petershurg.Va.
This year esUmato*.
flffures
i
^
THE CHRONICLR
118
The above totals show that the old Interior stocks have
441
decreased during the week 3,909 bales, and aie to-night
receipts al
bales lens than at the same period last year. The
same
the same towns have been 931 bales more than the
week last year, and since Sept. 1 the receipts at all the towns
are 5,333 bales more than for the same time in 1888-89.
Quotations for Middlinq Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the piWt week:
Week ending
July 25.
CLOSI Nl> QDOTATIOSS
FOE MIDDLINO COTTOS ONThurs.
Fri.
Uon.
Tues.
Wednet.
im
im
Orleiins
ll-'io
ll'ta
119,6
11°.
Ills
11»8
ll^t«
Ills
1138
111«
11 '8
1238
1238
12=8
1138
III9
III9
Ills
1158
Mobile
Bavannab...
Ills
11=8
ll'i*
ll'i«
1138
Ulj
12=8
1138
Ilia
Ilia
12
12
12
12
12
12
Galveston...
New
Sattir.
ll4
in.B
Charleston.
1139
Wilmington
1138
11>3
Boston
IIH
11%
12%
Baltimore...
Phlladctpbla
laie
1212
Augusta .. ..
Menjpbis ...
11%
11%
Norfolk
Bt. Lours
Cincinnati
..
Louisville.
..
^i>
U'8
11%
1218
1218
1218
121a
1138
III3
III3
12
12
llH)
12
12
12%
12iS8
1138
1112
llHi
12
12
im
lliiia
ll»,e
III2
1138
Ilia
1134
1238
ll-»ie
llifl
113s
im
ll's
1238
1238
12=8
1138
III9
12 14
an inch.
of
aging
[Vol. LI.
The thermometer has ranged from 74
Cuero, jTe.ras.— Cotton is suffering somewhat, although
there has been light rain on one day of the week. The rainfall, however, reached only four hundredths of an inch.
Average thermometer 87, highest 104, lowest 70.
Bientiam, Texas. It has rained on one day of the week,
doing much good, but there has not been sufficient moisture
Tne precipitation reached thirty-one hundredths of an
yet.
inch. The thermometer has averaged 85, the highest being
98 and the lowest 72.
have
Belton, Texas. Cotton is much in neel of rain.
had dry weather all the week. The thermometer has averaged 88, ranging from 74 to 102.
Weatherford. Texas. —Cotton is doing well. Rain has fallen
on one day of the week to the extent of twenty-two hundredths of an inch. The thermometer has ranged from 68 to
—
—
98,
averaging
New
We
83.
week,
hundredths.
tlie rainfall
—
—
It has rained on three days of the
reaching two inches and sixty-eight hun-
Orleans, Louisiana.
Average thermometer 81.
Talegram not reaeivcd.
Columbus, Mississippi. There has been rain on four days
of the week, the precipitation reaching one inch and sixty
hundredths. The thermometer has averaged 81, ranging from
Shreveport, Louisiana.
64 to 96.
Receipts From the Plantations. The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
to 94, aver-
84.
—
—
—
Leland, Mississippi. Rainfall for the week eighty-six hundredths of an inch. The thermometer has ranged from 69 to
95, averaging 82"9.
Clarksdale, Mississippi. Telegram not received.
Vicksburg, Mississippi. It has been showery on three days
of the week, the rainfall reaching seventy-five hundredths of
an inch. The thermometer has averaged 84, ranging from 71
—
—
to 97.
—
—
Meridian, Mississippi. Telegram not received.
There have been beneficial rains on
Little Mock, Arkansas.
four days of the past week, and cotton reports continue fair.
87
20. ... 13.228
3,301
3,347 65,081 22,878 22,627
June
The rainfall reached forty-eight hundredths of an inch. The
2,699
38 thermometer has ranged from 71 to 93, averaging 80.
3.301 52,654 18,449 19,264
27
16.028
1,961
822
2,055 46,900 16,056 18,031
84
a.iio
2,477
July S
Helena, Arkansas. It has been showery on one day of the
" U
1,303 37,667 12,683 16,101
7,026
2,130
week, the rainfall reaching eighty-five hundredths of an inch.
124
1227
2.500 31,470 10.855 13,838
3,866
io,oa2
18
1,952;
Cotton is in good condition. Average thermometer 80, high" 25
1,710'
3,6431 28,163
9,657
9,819
4,728
512
8,033
est 92, lowest 67.
The above statement shows: 1. That the total receipts from
Memphis, Tennessee. Light rain fell on Saturday last and
the plantations since September 1, 1889, are 5,787,912 bales; in the weather now is threatening. Crop prospects are excellent.
1888-89 were ,i.500,.598 bales; in 1887-88 were 5,493,270 bales.
The rainfall reached eleven hundredths of an inch. The
2.
That, although the receipts at the outports the past week thermometer has averaged 80, the liighest being 90 and the
were 3,643 bales, the actual movement from plantations was lowest 70.
bales, the balance being taken from the stocks at
only
Nashville, Tennessee. We have had rain on two days of the
the interior towns. Last year the receipts from the plantations week, the precipitation reaching five hundredths of an inch.
for the same week were 512 bales and for 1888 they were The thermometer has averaged 78, ranging from 63 to 94.
4,726 bales.
Mobile, Alabama. Crop reports continue favorable, good
Amount of Cotton in Sight Jcxy 35.—In the table below rains having fallen in many section?. We have had rain on
we give the receipts from plantations in another form, and add six days of the week, the precipitation reaching three inches
to them the net overland movement to July 1, and also the and sixty-seven hundredths. The thermometer has ranged
takings by Southern spinners to the same date, so as to give from 74 to 91, averaging 79.
(ubstautiallj the amount of cotton now in sight.
Montgomery, Alabama. Telegram not received.
Selma, Alabama. We have had rain on three days of the
1889-90. 1888-89. 1887-88. 1886-87.
week, the rainfall reaching one inch and twenty-five hunThe thermometer has averaged 76, the higliest
ficoelpts at the ports to Tly 25 5,790,537 5,506,316 5,188,937 5,204,679 dredths.
Interior stocks on July 25 ini
being 91 and the lowest 67.
*2,625
*5,718
excess of September 1
4,333
'20,123
Auburn, Alabama. Rain has fallen during the week to the
The thermometer
Tot. receipts from plantat'ns 5,787,912 5,500,598 5,493,270 5,184 556 extent of eighteen hundredths of an inch.
Net overland to July 1
885,9281 889,9341 969,771
783,062 has averaged 78-6, ranging from 69'5 to 91.
Boathern consumpt'n to July 1 470,000| 455,000 420,000 378 000
Madison, Florida. It has rained on four days of the week,
Total in sight July 25
17,143,840 6,845,532 6,883,041 6,345,618 the rainfall reaching two inches and thirty-five hundredths.
The thermometer has ranged from 69 to 95, averaging 81.
Northern spinners takings to'
Columbus, Georgia. We have had rain on four days of the
July 25
1,742,968 1.707.316 1.733,269 1,601,022 week,
the precipitation reaching two inches and. ninety-nine
* Decrease from September 1.
hundredths. Average thermometer 78, highest 89 and lowest:
Weather Reports by Telegraph. Telegraphic advices 69.
Savannah, Georgia. We have had rain on six days of the
to us from the South to-night are, as a rule, of a favorable
character. Beneficial rains have fallen in a number of dis- week, the precipitation reaching seventy-nine hundredths of
tricts of Texas, but at some points in the State moisture is an inch. The thermometer has averaged 79, the highest being
much needed. Elsewhere in the cotton belt the conditions 94 and the lowest 68.
Augusta, Georgia. The weather has been pleasant during
have, in the main, been quite satisfactory.
the week, with light rain on three days, but as " the weekj
Ocilveston, Texas.
It has rained moderately on three days
of the week, the precipitation reaching one inch and forty- closes a general rain has set in. Cotton is doing well. Actwo hundredths. The thermometer has averaged 83, the counts are all favorable. The rainfall reached one inch and
ten hundredths, and the thermometer has averaged 83. ranghighest being 93 and the lowest 74.
Palestine. Texas There has been heavy rain on two days ing from 71 to 94.
Charleston, South Carolina. We have had rain on four
of the week, just as needed, and crops are doing well. The
hunrainfall reached one inch and seventy-six hundredths.
The days of the week, the precipitation reaching eighty-five
dredths of an inch. The thermometer has ranged from 68 to
thermometer has averaged 85, ranging from 73 to 37.
Huntsville. rea;as.— Cotton looks fine, having been benefitted 92, averaging 80.
Stateburg, South Carolina. Telegram not leceived.
by the rain which has fallen on' two days of the week to the
Wilson, North Carolina. It has rained on one day of the
extent of one inch and forty-nine hundredths. The therweek, the precipitation reaching twenty-three hundredths of
mometer has ranged from 74 to 98, averaging 86.
an inch. The thermometer has averaged 77, the highest beingi
Dallas. Tej^as. We have had rain on one day of the week
but it has hardlv been sufficient for cotton. The rainfall 94 and the lowest 60.
reached seventy hundredths of an inch. Average thermnThe following statement we have also received by telegraph,,
"lenuo
eter 93, highest 106 and lowest 78.
showing the height of the rivers at the points named at 3
San Antonio, Texas.— It has rained lightly on two days of o'clock July 24, 1890, and July 25, 1889.
the-wcek, greatly benefiting cotton. The precipitation reached
July 24, 90. July 25, '89!
284!Kmdie(lths of an inch. The thermometer has averflo-pH
85, theliighert being 98 and the lowest 72.
Feet.
Feet.
6'7
71
Luting, Te-vas.— The weather has been dry all the week
New Orleans
Above low-water mark.
and Memphis
16-8
11-5
Above low-water mark.
'^'^^ thermometer has averaged
85, ranging Nashville
5-3
2-9
I*2L*^i'2'i'^Above low-water mark.
15'6
2'8
Shreveport
Above low- water mark
21-6
Columbia, re.ro>.— fein on two days of the week has
Vicksburg
17-8
Above low-water mark.
been
01 great benefit. The rainfall reached eighty-one
hundredths
NoiE.—Reports are now mini'* 'ii !*>** and tenths.
Wuk
Bndmo—
Rfceipts at the Ports.
1888.
1889.
SVk at
1888.
1890.
from PtanVna.
Interior Town3. Rec'pta
1889.
1890.
1888.
1
1889.
1
1890.
1
•'
—
••
—
—
—
—
—
—
—
I
—
|
1
—
1
I
I
—
I
—
—
—
—
—
—
—
—
—
^
July
iHK
26, 1896.]
i;iiko.m(;lk
—
India Cotton Movement from all Fokts. The receipts
and shipments of cotton at Homlmy liave Iwon as follows for
the wecx and year, bringiuK the tinures down to July 21,
IKIMHAT KKCKIIT8 AND SIIII'MKNTH FUR FOIJK TRAK*.
s/i
rear OrrnI
JlrtI' II.
ShipmeiUi linet Jan.
IhU tottk,
i/imentt
areat
">•<"• Britain
Ootili-
Continent,
,
tiritl.
Steeiptt
1.
Thit
Wt»k.
Total.
IIIIH.OOO 1.32H,(M>0
;i.")i,()(Mi sir>.(ioo i.Ki'i.ooo
•JO.'i,O(l0 ."iy 1 .OOO
7!«1,0(M»
1890
188H
1887
l,ooo
S.OOO
4.0001355,0001643.0001
1,000
2,000
a.ooo
3,0(H)
2,000
Jan.
1.
7,(MMI l,S-l.l,000
:)i;!l.l«M)
188!t
.
tttuee
\
o.ooo
l.r>3fl,0(>0
«,00(l:
1
,'203,000
91>8.00U| 8,0O0ll,4ai,OO0
According to the foregoing, Bombay appears to show
a dex-reane 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 January 1 show an increuxe of 150,000 bales.
The movement at Calcutta, Madras, and other India porta for
the last reported week and since the 1st of January, for two
"Other ports" cover Ceylon,
years, lias been aa follows.
Tuticorin. Kurrachce and (>oconada.
JUTH Butts, Baooino,
<S:c.— There has been a more a<;tive
for bagging the past week, stimulated to s'lmr oxt«nt
by a shading of pricux. Saleii, however, have been moMtly in
BUinll lotH. The quotations to-night are li%c, for IJ^ Ibs.jfl'^c.
for 1% llw., fljgc. for 2 lbs. and 7*'gC. for standard grad<-B. Very
little new business has been transacted in jute butts, but
deliveries on account of former orders have l>t)en quit<! free.
The current (juotations are l»^c. for paper gradps and 8>^c.
for bagging <iualitios.
demand
Exports op Cotton Goods from Great Britain.— Below
give the exports of cotton yam, goods, &o., from Great
Britain for the month of June and since October 1 in
18S990 and 1888-89, as compiled by us from the British Board
we
1890
1889
Ifadras—
1890
1889
All others—
1890
1889
Shipment* tine* January
teeek.
Continint.
BrUain.
m^^K
Total.
Continent.
1.
iamAlhread.
•89-90.
OOtODOT
NoTemlwr...
OMk.
1888-9.
L6t.
42j,44e
427,782
895,831
26,010
23.HU
80-90. I88B-0.
rat.
462,027
436,840
888.«eo
rii«.
Lbs.
23,247
Total.
.2,000
6,000
6,000
2,000
2.000
1,000
3.000
24.000
3»,000
96.000
43,000
120.000
76,000
6,000
3,ooa
4.000
Lb*.
76,990
77,775
71.070
6.000
15,000
5,000
2.000
11.000
17,000
40,000
32,000
3,000
5,000
4,000
4.000
1,000
13,000
29.000
21,000
69,000
53.000
70,000
80,000
5,000
17,000
I
130,000
66,000
200,000
1 46.000
I
week show that the movement from
other than Bombay is 12,000 bales less than the same
last year.
periods of the
two previous
years, are as follows:
EXPOSTS TO SrROPE rBOM ALL INDIA.
1890.
1889.
1888.
Shipment*
to all Eurojie
Thit
week.
Since
Jan. 1,
Thie
week.
Since
This
week.
Jan. 1
1.000 1,189,000
17,000! 146,000
5,000
11,0«0
796,000
144,000
5,000 1,528,0001 18,000'l,315,000
from—
16,000
940,000
Bombay
1,328,000
All other porti<.
Total
a.odo
200,000
Jan.
Alexandria Receipts and Shipments,
1.
Since
—
Through arrangements we have made with Messrs, Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt, The following
we the receipts and shipments for the past week and for the
corresponding week of the previous two years.
1889-90.
1888-89.
1887-88.
2,705,000
2,899,000
This
Si}u:e
week. Sept. 1,
This
Since
week. Sept. 1,
1.000 264,000
1,000 156,000
1,000 226.000
1.000)158,000
1,000 246,000
1,000 1.57,000
2,000 420,000
2,000)384,000
2,000 403,000
!
I
I
70,223 1,247,042 1.297,06« 228.7!ie 236,830
294,204
Janoary
rebnury....
23,B11
24,421
21.214
23,111
21,567
26,009
78,442
74,190
85,170
98,832
105,716
«6.078
101,663
96,757
111,179
tl».24A
70.887 1,217,027 1,807,908 821,278 237,802
290,521^
808,480
584,Tii8
614Ji4S
22,386
22,956
20,622
78,562
78.i;2
82,951
97,836
111,231
92,3
«
101,108
83,578
80.823
•6,9»4 1.273,771 1,197,167 231,595 217,666
301.418
283,629
888.146
898,171
Haroh
Total 2d qr.
TotalSmoi.
413,715
447,120
856,192
75.221
431,4211
408.04<! Hl,20&
488,43S| 64,762
188,715 140,910 2.464,069 2,604,974 448,013 478,632
23,018
25,675
April
May
Tot. 3d quar.
411,499
421,089
429,838
470,574
391,698
74,818
85,569
71,218
346,2;j0
—
Total Omos.. li0»,538 206.874 3,737.841. 8,802,131 fi7»,«08 6«1,2U7
„
To Liverpool
ToC'ontiuent
Total Europe
A cantar is 98
This statement shows that the receipts for the week ending
July 23 were 1,000 cantara and the shipments to all Europe
2,000 bales.
Manchester Market.— Our report received by cable to-night
^from Manchester states that the market is active for both
yarns and shirtings. The demand for both home trade and
foreign markets is good. We give the prices for to-day below,
and leave those for previous weeks of this and last year for
comparison:
Total
ezp orts of ootton mannfaotures
905,702
1890.
1889.
a^ i**Shirtings,
Twist.
|
d.
d.
9.
d.
8.
J'e20 838 a81» 6 4 a7
'", 27,8'i«a8Il„6
4 «7
July3,87,8a8il,„6 4 «7
llig^i<i»8% ;6 4 ®7
"8^
'^'2a7
" 25'8°8 *i','l«l« 5 »7
aS^s '6
d.
j/„^^'
Vplds
d.
67ia
638
67,g
6'a
„-a
3h\ 69,8
3
3
3
Twist.
d.
IT'S
d.
i
3
I
4iai
Sk
32» Cop.
ilicl.
a decrease of 11,037,000 lbs.
The Exports of (Jotton from New York this week show an
increase compared with last week, the total reaching 7,250
Below we give our
bales, against 5,106 bales last week.
usual table, showing the exports of cotton from New York,
and the directioa, for each of the last four weeks; also the
total exports and direction since Sept. 1, 18S9, and in the last
column the total for the same period of the previous year,
EXPORTS OF COTTON (BALES) FROM NEW YORK SINCE SEPT. 1, 1889.
Week Ending—
Exported to—
July
July
July
10.
17.
®838
®8%
»8%
7'9 »8^
ej In Ss?
778
!778
,(«'«»<«
«838
i7''8
5?.'^
»^if n & Co. sCKOP.-The following
uythell
cotton report,
is
3IUI.
ShirHnfft.
s.
d.
d.
B.
5im»7
5 11
5 11
5 11
5 11
5 11
®7
®7
«7
«7
®7
Uplils
d.
61„
O
6>,«
6ie
63,8
6i8
6 '8
from Messrs. Gaddum,
dated Bombay, June
13:
markets are falling off rapidly, and tlie
lilEhe?"^^n.dL"'n®f "o?,"*'?""?'^
""""" ^''^« """^ '«""""0 very soarce.
totaT r>P,.inf,"i' V"''?, ?'
ments abo.r; 7, A 00?*, ''i"' ","' *.•""' '""« """"* 230.000 bales, and ship'""'?'' "' '»«' y«'»''Th« «e,-.ther has b.-oon.9
Soi° ir a
,iJ^,n2^ """H''
Our
m
i'f
Ln^i'-V'
'"® ''"y' "" * """' ""'"K "»" ^"d dry. Rain l.a«
''"' "'" luHleient tp enable cultl-
rs wcmnm„npS t);Si"'':S?"""'y'
«> commence sowing the new crop.
Same
Total
since
July
3.
24.
period
previous
Sept. 1.
year.
5,957
6,530
5,068
6,929
13
462,149,
78 945:
564,230
141,835
5,9j7
Liverpool
TOT. TO Gt. Brit'k.
6,530
5.068
6,942
541,094
706,065
42,587
57,389
41
Total Frencu
100
42,687
57,389
38
22,584
58,598
52,900
41,186
72.545
113,261
38
134,0£2
226,992
4.077
10,886
17,824
18.771
14,963
36,595
...
Bremen
25
Tot.to No. Europe
25
25
Bp'n, Op'to, Glbr., Ac.
All other
308
Total Spain, &c..
308
Grand Totab
6,023
6,535
5,106
7,250
732.S26 1,027.041
The FoLLOwisa are the Gross Receipts of Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September
New Fork.
8<e«pti
TMi
from—
tl.Orleani.
Colfn
lbs.
916,730
shows that there has been exported from the
United Kingdom during the nine months 905,702,000 lbs.
of manufactured cotton, against 916,739,000 lbs. last year, or
I'ho foregoing
Since
week. Sept,
32* Cop.
08JM8
18,183
aii.lcl
Other porta
ponnds.
101J81
1.663
BimdTy
Hamburg
Exports (bales)—
en
9(.e6«
•7,4«ll
Other French ports.
1.000
3,163,000
This
Since
week. 'Sept. 1.
f',1
79JUi
Tot.ltt quar.
Havre
Beceipts (oautars')
This week
Since Sept. 1
uS
Lb,.
]10,IC«
e2.«8
Other British ports..
Alexandrin, Egypt,
July 23.
['.
1888-9.
Lbs.
I0»,«S7
101 .am
totals for the
For the whole of India, therefore, the total
•hipments since January 1, 1890, and for the corresponding
•
M8B-W.
72,490
__
The above
^
Lbs.
84,096
22,037
22,176
. .
an—
1890
1889
week
7ota<«/.AII.
1888-0.
188»-90.
2e..S08
Oeoamber
Oalotitt-a
the ports
we have reduced
of Trade returns. It will be noticed that
the movement all to pounds.
21,130
Shipment* for the
Great
Total
119
Texai
368
I.
BpSTON.
Thii
week.
899,814
301,969
243
306
225
428
r«nn.. to.
forelKD...
149
1!0
115,370
9.136
This rear
.
aeft.l.
Philadblpb'a
Tkit
week.
Since
Sept. 1
BALTIMORI.
Thii
veek.
I
{
Sine*
8<pt. 1.
48,887
64,956
12,616
84.597
Worth n pta
La»t year
Since
17,752
88.278
17|
norida.,.,,
30. Carol'a,
No.GaroI'a.
flrglnla...
1889.
269.397
971
Sarannata
Uoblla
1,
958
29
32,060
266,883
72,698
1.888
88.718
3,664
18,1-7
81,334
265
87,755
2.294 1,2S9,336
987
133
108,304
212|
210,718
740 1.547,735
1.364
232
106,869
50
291,446
SHIPPING News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
10,539 bales. So far as the Southern ports are coacerned, these
tie the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manif esta of all vessels cleared up to Thursday,
THE CHRONICLK
120
Thurs., July
Wed., July a3.
Totnt
.City of
«-—vr>iiv—Tnl.tv«"nx)Ol. P*r«te8mer» Arizona, ^83
w
dUo
pt-r sti'aiiifr Iinlla,
cog
-i^.-v ••
X'n^^""
1.963....
OBiijSiV-To Liverpool, per steamers Historian.
To G«uoa.
^ ^^^
Inventor, 1.031
Vi'ViViWn
To Hanibare, per steamer Gallola, 50............
BO«TON-To Liverpool, per steamer Cepbalonla, 200..
per steamer MunoUen, 45
BALTOiOKB-Xo Bremen,
'
60
qoO
^<^
^
—"
•
^ytal
'
"
...
.
636
September.. 636
10,539
8ept.-0ct... 6 02
Oct.-NOT.... 5 57
NoT.-Dec... 5 55
5 55
Dec.-Jan
arranged in our usual
rhe particulars of theee shipmenta,
ftmn, are as follows:
Total.
London. Bremen. Genoa.
1
Littrpool.
New York
New Orleans
Boston
Baltimore
60
T
•
7.250
3,044
308
13
6.H29
2,994
.
.
-45
::::::
200
45
::::::
Below we
siw^O^'KlN's^To Ltverpool-JulT 19-Bte»mer Yucatan,
„. ,.,
JulT22-8teamer Texan, 2.056.
BOSTON— To Liverpool-July 21— Steamer Michigan, 5.
2,718....
to
Below we give all news received to date of disasters
States ports, &c.
Tessels carrying cotton from United
been
EnvpT steamer (Br.), from New York. July 10, sfor Liverpool, has and
"bandoned on lire at sea. Her cargo wai miscellaneous one
bales of cotton.
included 1,331
follows:
Octton freights the past week have been as
Batur.
Jfon.
Tuu.
"64
°.4
l4®6„
l4®Sig
"«®5l«
'is
'iT
'is
late dellT'y.d.
Havre, steam
>«*»t«
e.
sail
Widnti.
"a
^®6l«
e.
Bremen, steam., c
Do
WH.
TAurt.
•«4
Uverpool, steam d.
Do
—
'is'
indirect.*.
'l"i
'is
indirect. .(*
l»«4®75j
d. i^ei'^^sa ISg^ar.g I3g4 3i75j 18e«®73j \Sf^'9^a2
Baval, steam
Do
»32
i5e«
J'*»4
»e«
"sa
»S2
»M
•.18
^
Js
»32
Trieste, steam... d.
Antwerp, steam d.
Per 100
»38
»S2
15^4
Baroelona,steam d.
Oonoa, steam .. .d.
•
....
....
d.
sail
>e
1_B.
^
^
.
1,
,
,
„
.
Liverpool.— By cable from Liverpool we have the following
statement of the week's
July
week
Actual export
..-
Forwarded
Total Btoc!i— Estimated
Of which American— Estlm'd
Total Import of the week
Of which American
Amount
atloat
4.
July 11.
July 18.
63,000
1,000
2.000
47,000
55,000
1,000
2,000
1,000
2,000
44, COO
38,000
2,000
60.000
833,000
501.000
18.000
7.000
57,000
12,000
41,000
2,000
62,000
802.000
465.000
33.000
13,000
5,000
56,000
876,000
545,000
15,000
10,000
67,000
12,000
Saturday Monday. Tueiday.
6 67
5 56
6 68
I
5.'i,000
25
J-aly
61,000
2,000
18,0(0
50,000
•^,C0O
5S,000
769,000
430,000
24,000
7,000
60,000
15,000
Wednet. Tkurtd'y
Friday.
Bales
Spec.
Moderate Harden'4.
Fully
Quiet but
demand,
maint'ned steady.
Small
loqulry.
5
Mld.Upl'ds.
6!>8
6»8
8,000
1,000
12,000
3,000
12,000
2,000
Steady at
Sasyat
Quiet at
1.04 ad-
1.04 decline.
l-e4 decline.
6=8
6»ie
5,000
10,000
5C0
500
& ezp.
Steady
Steady,
Market,
Quiet and
4
Jartlally
»4 adv.
Firm.
steady.
p. M,
at
vance.
Steady.
6=8
7,000
500
Qolet.
N'r qnlet,
distant Quiet and Quiet and
Steady
steady.
easy.
highest, lowest and closing prices of futures at
Liverpool for each day are given below, Priees are on the
basis of Uplands, Low Middling clause, unless otherwise stated
July 19.
Mon., JnlySl.
5 62
5 52
553 5 53 5 53 553
664 666 6 64 555
6 67
6 52
5 62
5 52
6 53
5
5
5
5
52
62
52
53
Cloe.
d.
6 38
638
6 38
638
633
633
563
i
6 38
6 38
6 33
633
600
654
6 53
!
5 52
5 51
{
52
51
51
52
6
5
5
5
5 51
6 52
554
554 555 553
;
Feioat. p. M., July 25. 1890.
and finally some export orders came upon
Values consequently showed more strength and
had an advancing tendency. Some improvement has been
realized on favorite brands, but as a rule higher figures were
resisted with much pertinacity until late yesterday, when it
was reported that about 40,000 bbls. and sacks were bought or
replenish stocks
the market.
contracted for by shippers at rather fuller figures.
The wheat market, from dullness and depression early in
the week, became active and buoyant, continuing so until
near the close to-day, when some re-selling to realize caused a
toward lower prices. The advance was due
almost wholly to adverse cr p accounts from England and Qermany.where damage is reported to have been done by prolonged r^ins. The export business for the week will approximate a million bushels. The sales yesterday embraced No. 2 red
winter at 97@»7>ic. in store and No. 2 Milwaukee at 93J^@
94c, afloat, and today choice No. 1 hard spring at $1,03J^,
an extreme price, at the close. Early in the week the buying
for export was mainly of ungraded red winter at 85@96o.
and prime ungraded spring at 95J^996c.
OAILT OLOSDfO PUOIS OF BO. 2 BUD WUITBB WHEAT.
Mon.
August delivery
September delivery
October delivery
o.
o.
94=8
94»g
November
December
o.
c.
94=8
94'*
9459
95'*
96ifl
delivery
delivery
May deUvery
..
.
96
c.lOO
99'58
Tun.
94«g
94%
1
...
96
WH
Wed.
95
9478
953a
97
Taea,, July
97 »»
97%
97%
96%
97
9658
97%
98%
100%
101 'a
96
Frt.
TliHri.
•
>>
98H
102%
Indian corn has been active and buoyant. The drought
from the corn-growing region stimulated speculation,
and the active export and local demands forced up prices on
the spot. The market to-day closed at some reduction from
the best prices of the morning, and the export and local
reports
dealings were materially curtailed. The spot business
mainly in No. 2 mixed at 475^@47^c. afloat,
DAILY OLOsaa PKions or no, 2 mixkd ookn.
Sat.
AugUft delivery
September deUvery
c.
c.
c.
Ifon.
Tuet.
44%
ii^
44'«
45ie
45i8
455$
45'«
46
45i>e
Wed.
45i«
Thvrt.
46»8
4<)i«
47%
4658
47^3
was
IH47
4799
48J«
Oats have been active and buoyant. The July corner has
had less influence, but the rise was largely due to sympathy
with the advance in other cereals. The export business has
been small, and the local trade closes dull.
DAILT (SUOSaO PBIOBI OF BO, 2 MIXED OATT.
Hon.
Tuet.
Vred. Thure.
Sal.
The opening,
Bal.,
5 52
6 52
639 6 40
639 6 39
689 639
6 33 634
6 38 634
5 63 600
554 5 54
d.
There has been in the past few days increased urgency to
the demand for wheat flour. Local dealers were eager to
luturei.
Market, I
et,
1:45 F,•"•J
5 67
6 52
6 62
5 52
5 52
d.
BREADSTUFF S.
October delivery
Market,
1:45 P. M.
6 67
6 02
5 57
Sai.
10,000
Of which Amerloan
The tone of the Liverpool market for spots and futures each
day of the week ending July 35, and the daily closing prices
of spot cotton, have been as follows:
Spot.
641
686 636
636 6 37
sales, stocks, &c., at that port.
bales
Of which exporters took....
which siiecnlators took. .
Of
......
Bales American
Bales ol the
6 01
d.
Blight reaction
I3j,®7,8 xs^^iti^i "saa'ie
Hwnbnrg, steam.e. iSsj®!], iSsjWTjg is^jaTig
Do via jidlrectc
45*
45*
45*
45*
45
45*
Asut^d'm, steam.e.
Do
Mcli.-AprU..
10,539
303
95
13
this week of vessels carrying
add the clearances
to
United States ports, bringing our data down
cotton from
60S
668
6 41
654 555
555 564 554
Jan.-Feb.... 666 6 65 554 664
Feb.-March. 666 6 56 6 65 566
10.'l23
Total
Do
Au8.-8«pt...
6 41
6 41
d.
d.
638 6 39 638 689
638 6 39 638 639
6 38 6 39 838 6 39
833 634 633 634
6 33 634 633 634
563 600 663 600
554 555 654 5 55
5 62 653 6 52 5 53
642 6 41 641
6 42
6 42
6 87
6 37
d.
d.
d.
d.
d.
6 41
J«ly
July-Aus... 6 41
6 41
AngTUt
July 23.
Fri.,
'
Open^BIgh Low. Clos.\'.Open\High Low.
OlMfilHig/i Low.' Clot.i
To London, per ateanier France, 13
LL
LVOL.
August delivery
September delivery
October delivery
o.
c.
c.
Rye has been more
and Eastern, but the
37H
37^
3519
35>s
SS'^
3538
36?i
347^
35
37i«
35^8
35>«
Fri.
37''8
37%
35'8
36
36%
36%
Western
active at 58}^@60c, for prime
close is quiet.
Samples of new crop
Barley have begun to arrive.
The following are closing quotatioQs for wheat flour in
barrels. .(Corresponding grades in sacks sell slightly below
iiii.
these figures):
Open HiQh Low.
Clot.
OpCTl IffioTl
Low.
Clot.
Open Hm'.Low.
Clos.
Fine
a.
d.
a.
«34 S84 684 684
July
684 684
Jnly.Ang... 634
6M
Ansust
Aag.-8*pt
.
Septemlier..
8ei>L-Oot...
Oai.-Nov.,,.
Nov.-Dec...
I>e*..Jaii
JaiL-Feb....
reb.-Mareb.
636 636 886
6S4 634 «S4
686 684 686
6 08 603 6 03
668 6 57 668
666 666 666
6 64 586 664 666
664 665 664 6 66
666 656 6 56 6 66
ess
834
034
«08
CG7
666
Mcta.-ApiU..; 6 67
6 67
6 67
6 67
d.
d.
d.
d.
d.
d.
d.
636
636
686
635
636
803
658
658
666
6 37
6 37
6 36
6 37
639
639
839
686
6 40
6 40
6 40
6 39
637
6 36
6 37
6 36
6 36
603
668
666
666
666
604 6 03
6 69 658
685 6 37
637 636 6 87
686 835 686
686 6 36 6 36
608 6 03 6 03
6 69 658 5 58
5 67 666 6 67
656 566 556
6 65 566 665 6 56
666 6 67 6 66 5 67
656 6 50 668 6 69
639
639
d.
6 40
640
6 40
6 87
6 37
6 04
6 67
6 56
656
666
6 57 658
6 59 669
566
666
658
656
656
656
6 57
5 57
(56
558
9
bbl,
Superflne
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring
PLOua.
94 80«$5 30
$2 009$2 35 Patent, winter
2 25» 2 85 City shipping, extras. 4 60» 4 f 5
2 703 3 35 Rye flour, superflne.. 3 10» 3 30
Fine
3 30® 4 20
2 809 3 00
3 85® 4 35 Com mealWestern, &o
2 40» 2 85
4 309 4 70
,
Brandywlne
4 75» 5 35
2 70»2 7»
OBAIM.
Wheat—
0,
0,
• 103%
..
White
80
94
98
87
90
• 97
e 99
• 100
• 100
western, per bash.,
State and Jersey ..
66
56
•
•
Spring, per biuh.
Spring No, 2
Red winter No, 2
Bed winter
.
Eye-
S9
60
Com, per bush.—
West'n mixed
45 •
WCBt'n mixed No.2. 47 O
Western yellow
46 •
47 «
Western white
Oat» -Mixed.. ¥ bu. 39 «
White
41 •
No, 2 mixed
40 •
41%»
No. 2 white
48
4V*
48
49
41
4;
4U%
43
July
OF BRR.VDSTUFF.^ FOR JUNE. 1889 AND
K.VPORT;!
IK
THE CHRONICLR
28. 189r,|
1890,
1889-90.
Twelve Months of the Fiscal Year
AND
AtifawTork
IVwIm MohUu.
Qu'ntUiu
ValtM.
Itu'ntitit4
QUMMUu
FallM.
Boston
Montreal
r«iu«.
Phlladeliihla..
)M7,04S
10,«1»
Boiton
rnlladelphla
Bftlttmor*
t
131.104
6.109
17,868
H«w York
"9J»5
Naw Drleans
S4
9
14,720
1,044.755
531.107
21.831
38.3St>
14,720
],S»4,4«4
749,453
i.Wl.Ml
1,810.846
S8,879,.3.10
12.4110.492
418 113
13>1>.3«s
ive.104
0*12.959
1(82.89
6.197.554
1,IISM.3U0
8811.147
679.81S4
418.U17
3»3,3«I
181.107
160.U71
830,1' 79
2.8U9.I21
6, 799.911
9.581,081
3W9.U28
Pac. oust. dUU.*
S8.:77
1S.0M
ii.-Ti
la.os't
S.tM.OW
54,555
Otber GUI. ditti.-t
TotAl.barUr
Vorn,bwK
H«w
York
BoiroD
Phlltdelphia.....
Bklttmore
N«w Orleani
Fac. oust, disttt.*
OUier cui. dists.t
17,08tl.73-J
23.089. 1:19
14.990.418
S.:I07
83 981
O.OOt.Hlii
51.7.iy
418,101
10.586.337
8.890,771
2,846,808 100.906,494
42,205.024
4.;«»j
3.0T12
1,123,573
S.041
l.lii.BXU
418.1MI
1.18M57
3.a7».a30
6.080,912
12.67»
u.u;n
SS.06S
15.1W9
6.103
»40
914
2.SM>
S.IW
SI3
143
17
48
18
314
65
Other CUB. dlsu.t
l.SdS
"ij.sw
"'«3ii
"V.'o'ii
Total, corn-meal
26.o;8
Total, eorn
Vorr.-nual. bbU.
Haw
York
Boitun
Pniladalpbla
Baltioiore
Kew Orleans
160.760
144.056
2.84i
407,7.'2
38
269
44.933
14.2S8
1,410
43,145
811
12.-.
»21,83i
8i9l
I'HC. CU!»l. disls.*
(MU, butli.
Naw York
Boston
46.360
100,620
2S,S27
357,028
888,501
16.183
6,319
870
4ll
8,431.262
178,776
3.M38
4
18
2
8
1,891
139.311)
4.801
1,000
»0
10.296.646
037.122
10.903
748.960
26.303
;87.«30
1.470.952
8,720,640
967,57*
22,938
8,911
13,24S,516
4,832,128
3.711
tie
!i3,0U»
S-^4.1'00
14U.1U0
8.900
4.2U3
"le.4Bi
8.300
100,000
8
850
a.: 50
*44
8,605.178
13.003.110
744.000
6,333.0an
2.686
102,300
2.141,260
74.026
1,44:<.I4U
9.354
3,807
l.m8.717
~tJ».377
31,880
25,531,960
783.854
233.524
1S1.B31
53,920
1,'52,7J3
1,074.050
11.754
24.587
«2&
21,371
41,9X>
174,411
io,140
58.458
108,493
30,271
49,182
731.I06
7i.eia
2.087.294
«i4.79U
Ptilladelpbla..
Baltimore
New Orleans..
00
18
l*ac. oust, dlsts.*
4,821
3.44)1
Other COS. dists.-t
403,iirv
Total, oats
Oatmtat, lh».
New Y'ork
B>>8ton
Philadelphia....
Baltimore
Hew Orleans
Pac. cu»t.
divtf).
Other cus.dlsts
.
Total, ontmeal..
Hye, btish.
New York
231.9.12
8.H33
68.435
459,08i
47M.2.12
lil.511
155,742
133
3,117
52,493
Baltimore
New Orleans.
..
Pac. oust, dlsts.'
Other cus.dists.t
175,29b
1,406,143
iJ9J.50»
Boston
2.257,356
1,279.8')0
12,273.458
70J,D58
816.W0
21 .29J
X0.T91
Philadelphia....
"»,odi
230.177
23,380
S«a.784
I'ac. cust. dlsts.*
cus.dists.-^
Otaer
3.-.ifl«.317
l,.V7'l,45i
1,031,'2»2
lli8,8«0
Baltimore
New Orleans
Total, wheat
W/Kat'/Iow.
1,221,68
251,371
2.326,489
1.470,242
6.883,376
2.433,529
213,780
1.225.100
2.932,31'
89.(J7«
13,438,210
55,920
101,347
l,S3'5.02»
Total, rye
New York
"o,'730
1. 244,1103
5,894.41)5
Other cuB.dlsts.t
3i)8.a»l
289.785
101.989
37.811
171.889
2.098
91.737
55,001
Total.wheat-Ilo'i
3.:i31.256
730.740
1.182,374
Boston
32V.216
2WJ,239
7iB.B95
13.159
481,853
]
Philadelphia
Baltimore
New Orleans
Pac. cust. dlsts. *t
)
|
Paccnst.
Otnar
dlsts.*
cos.dlsts.'f
Grand
total.
.1174.311
Portland,
Me
1260,819
.,,
40ii
1
The movement of breadstufTa to market is indicated in the
•tatement below, prepared by us from the figures of the New
fork Produce Exchange.
first give the receipts at Western lake and river porta, arranged so as to present the com
{Mirative movement for the weak ending Jiily 19, 1890, and
since A.u«a8t I, 1889, for each of the last three veara:
We
•
cmosKo
MUwaakea...
Dalnth
'
TOtodo
DMTOlt., .
OlareUuid.
''
50,303
1,150
,
.
et.Loiila.....
3.016
6.726
22.061
218,779
270.320
175,181
65,530
82.900
708,913
..
.
177,703
3,111
14.901
2,025
12,000
166,181
1,796,353
3,791.363
,
earn* wk.tM.
192,248
280,897
1,628,413
1,766,88?
'
a^wk.-sa
Mies
100,775
243.790
2,300
*,913
125
2,750
218,000
4,2J0
2,199,520
61,662
56,345
1,135,820
1399,081
2:1,286
48.213
51,860
8,t27
11,213.387 117.229,461 179,173.287
9.501,188 90,«fti7.781 120.280.093
12.224,997 108,572,798 88.102.289
94,890,453
26,034,102
«4,919,406
22 667.865
UB7-88....
81,040,335
77.541,077
6,254130
4.781,834
2.073.918
43,734
But*,
8.750
..
3343L
9'.99i
2-.',522
114,597
63,960
43.734
38.831
333,744 1,306,768
1889...
153,892
2,630
55,204
50,543
grain, comprising the stocks in granary
tX the principal points of accumulation at lake and seaboard
in transit by water, July 19, 1890:
ports, and
The visible supply of
Oom,
Wktat,
b^uh.
1,161.161
193,600
In »tort at—
NswYork
Do atloat.
Baffato
Cliloago
Mllwaakee
Dilnth
Toledo
Detroit
Lonls. .......
Cincinnati
St.
Boston
Toronto
Montreal
PhUadelphla....
Peoria.
Indianapolis
Baltimore
Minneapolis
8t Paul
OnMlasUsippl...
river.
738,035
4,008,767
330,160
1,398,373
421,713
154,700
35,000
1,112,787
2,000
1,613
101,001)
92.124
29,392
17,221
68,000
424,440
6,529,001
125,000
135,003
247,021
594,091 2,077,817
856,000 2,000,300
18,557,191
18,583,921
12,191,470
21.664.810
Tot July 2J,'87.. 32,021,031
OaU,
buth.
buth.
810.556 1,416.637
240,000
18,500
88,500
619,9.53
111,689
4,693,909 330,954
9,190
3,527
212,391
3,506
1,100
4,600
10,000
1,501,233
59,191
2,000
239,016 169,411
1,000
116,130 141,045
37,727
70,355
6,051
88.872
16,300
4.500
59.332
186,378
11,094
Albany
Bye,
bvuh.
1,971
27,500
33,720
237,837
67,753
101.343
3.69|
95,031
2,743
1,000
•*>•
4.200
140,009
14,454
4,000
123
8.000
3,999
15.000
33,373
49,079
16,138
0,030
........
44,270
177,710
328,100
"IfSt
41,610
......••
....
17,300
513.497
530.157
821.0S4
406.608
4 42,55*
8,399,857 3,025,783
H5.354
7,879,20!) 1,971,667
233,392
151,42*
128,230
13,129,101 3,159,799
14,271,292 4,029,840
7,<»90,o97 4,673,:;83
377,605-
THE DRY GOODS TRADE.
NKW TOBK.
Friday P. M.. July 25. 1890.
Although there were a great many out of-town packago
buyers in the market and ita vicinity during the week under
review, there was hardly as much animation in the trade aa
was expected by the commission houses. The demand for
seasonable goods was chiefly of a hand-to-mouth character
and moderate in the aggregate though probably in excess of
the corresponding timj in former years. Fall goods were ia
fair request by package buyers, and there was a good steady
movement in both dom ?stic and foreign fabrics on accounD
—
of previous transactions.
Business in jobbing circles
was
and upon the whole sluggish, but consiierably more
than an average trade was done by such houses as keep
abreast with the times. Values are practically unchanged
irregular,
save in the case of print cloths arid corresponding grades ot
brown cottons (specially adapted for conversion purposes), oa
which slight concessions have been marde in order to acceler
movement.
DoMESTio Cotton Goods. The exports of cotton goods
from this port for the week ending July 23 were 4,413
rate their
—
packages, valued at $195,896, their destination being to th«
points specified in the table below:
Sbw Yokk to July
1890.
1889,
22.
Wtek. Since Jan.
Qreat Britain...
Other European
China
296
1.
Week. Sinet Jan. 1.
308
»i9
6,1.
6
1.193
27,314
2.770
3,599
1,871
8,983
2,121
3.325
21,921
1,654
19
3,363
1,053
24,154
1,848
5,702
4,177
8,203
1,129
2,631
16,192
1,775
4.413
4,275
70.247
30,948
1,788
80,915
30,964
101,195
8,688
Bnicland mill points dlreoi.
1,788
111,879
8
3,635
2.M
150
Africa
18
West Indies..................
Uexioo
Central America .....d.....
33
1
2
South America...............
Total
•China, ^'ia Vanooaver
Total
,4ii«. 1.
188»^....
un-w....
B'<tA
63.960
S'me time
4,950
1.649,548
1,310,162
Bus A.
27.161
22.660
425,987 1,418,122
Tot week.
Arabia
5,298
11.732
BbU.
Pta$,
Klohm'd
India
.
Tot.wk.1IO.
I
Bv.
65,910
440,920
87,600
P«orls
Barlsv-
BW».196lh» Buth.90lbr 0ual>.56Ib> Bu>II.S21b> BlMk.48U> Bit. 66 lb,
52.435
210.079
1,972,456
077,935
25.538
16,249
27.865
101,651
8,700
82,0 JO
34,310
12.550
Hlnnaapolla.
!
Dot*.
By*.
Sr.Newe..
35..369,598
,612.997
,790.H21
,897,liO
,002,820
,005,778
OaU.
61,135
Orl'm.
N,
rumr.
29.908
2,355
11,881. Wi
Newport News, Va
Corn.
19.5,">7:?
200.508
6,393.743
4.351.273
Uelroit, Michigan
Ulchmond, Va
8,479
Doluth
Horon. Michigan
Total
{1,0:46,878
MUinl^Ohia
MorK.— This statement Inelndes about. ^8 per cent of the entire exports of the
articles named trum all ports of tue country.
Whtat.
6i",6o6
3.572.709
6.293,273
3,808.770
15,5«2.llOll
|
/tour.
Phlladsl
Baltlm're
29^,376
1.5.-), 1 89
87«.»82
8,001,2/5
44.119
i.eoi.Tsc
80J.723
1
B«wivts at—
55,987
174,018
920.914
10.983
883.677
273,960
150,090.033
..
Montrt-al.
18.750.1')3
9.185.487
I
Bus*.
603.995
103,854
Boston...
Portland.
4.228.255
1.2i9,3r3
Value of exports from Paoihc districts for the month of June, 1890
Oregon, Oreson
Willamatte, OreKon
$105,68
PuuetSound.Wiisn'n Terrify. $62 922
1,229.425
Total
11,393,031
Ban Francisco, Cullfornla
t Value of exports from other customs districts for the manth of June. 1890
(4,739
282,595
51,607
280,525
55,371
142.323
BffK.
295.624
20,376
Sew York
5b.S.li»7
«
Braios, Texas
Chicago, lllinils
Oom.
Tot. Julv 19,'30.
T.)t,Julyl2.-90..
Tot July 20,'89.
Tot July 21,-89..
|,70<1,U82
7i2,B5
—
l.-iBa.USS
31)7.104
—
Wheat.
protH
45,031.173
1.398.031
1.030,87»
t>92,5«3
Philadelphia
Baltimore
Il«w Orleans
Wmporu
2.133,262
.10,8:13.011
Boston
«Mk '89.
51,110,942
27.l5l.Oiit
3,874.459
881.350
357,235
1.100,522
511,723
1,488.031
913,115
8.011.660
week.. 193,302 1,232,^07 1.985,572 46a,r,23
4.620 26,144
234,545 416,019 1,661,961
490,912
1,300
2,70O
The exports from the aeveral seaboard ports for the w< eh
endinK July 19, 1890, are shown in the annexed statement:
Ttotal
0>r.
On Lakes
On canal &
Tbt.llJ.
New York
NewOrleant..
2,097.610
21.512.919
1,771,230
ijbiai
Hew York
Kaltlmnre.. ..
Rlohiuond ....
Oswego...
Boston
Philadelphia
flour and xraln at the seaboard porta for th*
19, 1890, follow:
Flour,
Wktit,
Oor»,
Oil;
Barlty,
biuH.
hbU.
biuk.
hH»h.
friinA.
67 .OB'S 735,400 1,079.000 251,300
3,500 32,80a
27,491
56,180
620
96.910
14,695
60.194 20,\2»4
16,911
600
29,245
86,907
65,776
5,603
6«,6t9 399,759 272,066
24,450
8.OTi
2,»06
1.725
4,800
14,655
12,071
3,000 220,600
10.470
"vfi,
The recoiptii of
week ended July
ua»«).
jTMditu/tBzptt
121
From New
199
"ibo
"lii
75
217
694
44
The value of the New York exports since January 1 haye
been 18,971,724 in 1890, against |4,831,086 in 1889.
-
:
.
THE CHRONICLE.
122
At
:
1
rvoL. LI.
bands the demand for staple cotton goods was
Importations of Dry Goods.
but a fair distribution of some descriptions
The importations of dry goods at this port for the week
was made on account of back orders by the principal comJuly 24, 1890, and since Jan. 1, and the same facts
mission houses. Brown sheetings were in steady request, ending
periods of last year are as follows
and some'good-sized round lots were secured by converters at for the corresponding
ali^htly reduced prices. Aside from brown sheetings and
s
print cloths (which were easier), prices ruled firm all along
a
mi^i
the line, and stocks continue in very good shape. Patterned
© •—
cotton fabrics, as dark priats and ginghams, pUid dress goods,
B
S
table damasks, &c., were fairly active and steady at current
quotations. Print cloths were in moderate demand and
a:
first
strictly moderate,
'flS
•
*•
I
-t £-.
easier, extra 64x64s having
closed nominal at 2^c,
1890.
5'16c.,
1888.
July 21.
6,000
July 19.
435,000
202,000
None.
20,000
Fall River manufacturer*
Providence speculators
Oatalde speculators (est)
July 20.
128,000
10,000
None.
None.
657,000
stock of Print Ototht—
Held by Providence manurers
Si
while 56x603
1889.
been sold at 3
138,000
MMMtO
h-CO
oico
nto*-ccx
c '-' O to
'OOCJ^OJ
*>. r-»
CO 00
" o; 13
"rffcClCJi'wb
cobi
20,000
None.
7,500
in to
Ot-O
Total stock (pieces)
M
if>.
c:^i*.cnco
cnts
•=8
CD CO (OO: CD
QPQDCCQiCO
CO
MrfxosCCOO
SCnOMOS
3^Vio;m
cobb'oib
tf^CM-gt-i
© to
OS -J o;
a ^ 06
CO
r.
tf^
(ffc
M
CO to CO vl
M
bbtOr-O)
tOMODMc-
M tc C- ^ -4
00 QT Qi to
CCtOH^Mif^
^
o
00
00 to
OS OS to o« I—
^
MMfcoteoi
co:to;ooa
OSOlCKMtO
to tP 00 10 OS
ODooocoM^e
WCOpH'-l
C0«-tOi-'*4
OSCP
CM
h-QD
mo
OStO_*^4W_W_
Ou
OOWtOi-tOJ
CO en
C VI o O c:
COO'
o; GC
Mo
00 to 00 OS to
*».
tOCnCfiMO
05
oavtocog
I
OX-q^^
b—
cn*».'to
b«to^ai1f^
OM
CP(f>'
tc CO
to
tocc<i
co^
cccn
to 00
cob
^to
M QO to CO ^
O oa :o <1 :c
w-q
Sol'
OO^COCOOS
iP-QOCOOm
too
(DMHH'M
^1
CO OS CD CO to
-tOMOS
to CO en too
ptOOi<-C0
CO
U3I— l-*O0l
ooaic;ia:Go
^ CO 10 to -g
ODCOCOQOO
COOP to OS OS
to'iQocoeo
lob^cob*
-JM
MM_f^b5C
00 Vi
rf^
^^•ICDOtO
W®CDOO
tags
H--]to*fc"i».
to OD 00 H- OS
MCSO>*J
otto
cot-'
odosoocdV
M 10 O 00 w
t-"
s
OSCOCfltO;^
WO a;*- to
bo'tf*
X CJ O M
GD
]
to
OoV
to to
Ml-
I
rf^V tOMPO
09H''-'COtO
tf».<itooaD
)--
C C*3iC0*fc
has been decided.
Mnttments.
M
h-GOX®M
to
FoRBiON Dry Goods.— Although there was a very fair
movement in some descriptions of foreign goods on account
of importation orders, new businf ss was light and irregular,
the uncertainty regarding tariff legislation having caused
buyers to pursue a very cautious policy. The market for imported goods has presented no new features of special interest, nor are any fresh developments expected until the fate of
?au1i
H-
QlfcO
fancy cassimeres, worsted suitings, indigo-blue flannel suitings, etc., were received by the commission houses through
their traveling salesmen. Heavy goods adapted to men's
wear were in moderate demand, and there was a steady
movement in leading makes of heavy cassimeres, worsted
suitings, overcoatings, etc., on account of back orders,
Prices of clothing woolens remain steady, and stocks are by
no means redundant in view of the demand in sight. Light
weight «atinet3 were more active in some quarters, and there
was a fair movement in heavy goods of this class. Doeskin
jeans were in moderate request, and the production of these
goods has been so greatly curtailed of late that prices are very
firm on such makes as govern the market. Soft wool and
worsted dress goods were fairly active in movement and
demand, but cloakings and Jersey cloths ruled quiet, and
there was a limited business in carpets, shawls and skirts.
tariff bill
!-•
oo't-'oa'^
ecu
33,500
Domestic Woolen Goods.—The market for men's- wear
woolens has displayed rather more animation, but there is
still plenty of room for improvement.
Operations in spring
clothing woolens by buyers on the spot reached a fair aggregate amount, and very considerable orders for light- weight
the Administration
X C:
COMCStOl^
tOUTCD>C>CD
CDrf^^ODtO
Satili jitatemjewts.
f^^xih ,^tatjemjetits.
KEPOHT OF THK CONDITION OFat New REPORT OF THE CONDITION OF THE REPORT OF THE CONDITION OF THE
THE
r«E ABOARD NATIONAL, BANK,
THIRD NATIONAL BANK, of the city or
CONTINENTAL NATIONAL BANK,
York, in the State of New York, at the close of New York, at the
the State, of New York,
New York, at New York,
on
bualness Friday, July
18,
1880:
dayof
RESOUKCES.
Loans and discounts
U.
U.
8.
8.
100,*jOO
33I2,3«8
gtocks.securlties. judKuits.clalms.etc.
Inie from other nutiooal banks ....
339.658
41,492
8,666
32,750
4,108 01
Due from
State banks and bankers
Current expenses and taxes paid
Premiums on U. S. bunds
Checks 1111(1 other Push items
Blch'KeslorClear'K House.»45S,2S4 ^5
Bills ot other banks
4,000 00
Fractional paper currency,
nickels and cents
16S
Specie
666,679
LcKal-tender notes
188,636
D. 8. certiUcates of deposit
for legal tenders
220,000
Bedemption fund with U. 8.
00
04
26
33
77
00
64
20
00
Premiums
Specie
$1,146,720 00
Leeal tenders & b'k notes
688,932 00
Due from Treas'r of D. 8.
2,250 00
1600,000
116.000
42,404
44,140
144
Capital stock
$1,000,000 00
200.000 00
110,833 30
Surplus fund
Undivided proBts
40,(i20
Dividends unpaid
11,962 92
60
Acceptances
07
20
06
46
New
ALDKKD
'*"'""'• '*' ''•''• <=»•
H. TIMPSON, Cashier.
me this »5th day
GEO. H. COREY,
Notary Public, N. Y. Co.
Subscribed and sworn to before
of July. 1890.
JdHN
T.
AGNEW,
HKNKY ,M. TABKB,
KDMUNU D. KANDOLPH.
1
AUCTION SALBS
SINCE 18T0.
.^LS^" po»-»--in» ilieM Tolnmei alnce lOTO hat
ftcfff-'-? ".".'.enlent retermoe a complete and re-
WlLLiAn
complete
M
B. DANA A CO..
102 WILLIAM 8TKEET, NEW TORK.
hold
REGULAR WBGKL'!
of all olaaMS of
Bills of
BTBRT WBDNBSDAY.
ADRIAN
VO
1
U.
BIIJI.,L,ER
PIM£ BTK££X
09
115.145 71
5,000 00
170,235 87
4,^8fl
H*
11,687 50
1,013,744 77
1.168 00
other banks
Fractional paper curr'ncy,
nickels and cents
Specie
Legal tender notes
U. 8. ctfs. of deposit for
legal tenders
40 14
712,178 SO
487,000 00
374,000 00
,691,570
94
Redemption fund with U.S. Treasurer
per cent of circulation)
Due from U. S. Treasurer, other than
6 per cent redemption fund
2.250 09
9,000 00
$10,115,21/1 8<r
Capital Stock paid in
00
00
70
00
00
1,476 00
$1,000,000
200.000
61,631
43.B00
10.000
Surplus fund.
Undivided profits
National bank notes outstanding
Heserve for taxes
Dividends unpaid
Individual deposits subject
to check
$1,989,882
Demandctfs. of deposit...
21,121
Certified checks
266.332
Cashier's c'ks outstanding
259,128
07
00
68
60
Due to other nat. banks.. $5,198,069
Due to State banks and
86
2.635,464 86
1.074.951 06
6,273,020 91
Total
$10,116,291 9»i
gtate of New York, County of New York, *«:
1, Henry Chapin, J u., Cashier of the above-named,
bank, do solemnly swear that the above state-i
ment is true to the best of my knowledge and
HKNKY CHAPIN,
belief.
&
JR., Cashier.
Subscribed and sworn to before me this 2.'>tli day
JOH.V O. DAVIS.
Notary Public N. V Co.
of July, 1890.
Correct— Attest
.
BENJ. GRIFFEN,
CAi.EB E. KNKVALS.
JOHN
oir
""• ""^O""- J'artles haying
•""" """»••• O'
BONDS
STOCKS AND BONDS
'.
•UfffSS^t'shM.""
and
1,,207,033
)
{Directors.
J
At Auction,
Ttaa cndersliined
Chronicle Volumes
Due from other iiutlonal banks
State banks and bankers ....
Furniture and fixtures
other real estate and inorttf's owned..
Current expenses and taxes paid
Premiums on U. S. bonds
Checks and other cash
items
$8,439 73
Due from
bankers
STOCKS
8»
60.000 00
188,042 08
Stocks, securities.judtzm'ts. claims, &c.
LIABILITIES.
$8,790,156 36
belief.
25 -4.859.080 67
tO,StlO,7S» 26
York, at.:
639
.
Total
York. County of New York, ss;
I, Alfred H. Timpson, Cashier of the abovenamed bank, do solemnly swear that the above
statement Is true, to the best of mv knowledge and
V^"
Si^Sf",2ii^'<'," o'
1,357,263 15
11,276 81
420,i97 70
7.427.340 14
State of
$C ,759,820 lO.
(6
ToUl
64
00
DAN'L ODAY.
00
Individual deposits
$1,963,687 13
National bank deposits... 2,730,439 76
State bank deposits
944,376 09
CertiHcates of deputit....
Cashier's checks
]
1890:
RESOURCES.
Loans and discounts
Overdrafts, secured and unsecured
U.S. bonds to secure circulation
House
00
00
19
m
18,
Exchanges for Clearing
67
$8,790,166 'M
Circulation
Total
Bute of New York. County of New
1. 8TCAUT G. NlLSON.Caahierof theabove-named
""" Ih* "bove
J5!?'.l°.'i''*?''!'
tme, to the best of my knowlediie and statement Is
belief.
""""
1,440.389 88
222.662 40
5,896 39
LIABILITIIES.
IndlTidual deposits sub-
:
Clearlnj^-
Total
00
Burplnsfund
Undiy ided protita
National bank notes outstaniline
Dividends unpaid
.,'.,.
Correct-Attest
1,812
585,000
3,800
72
00
84
50
oo
97
3,406,J-58
$8,560,769 26
.
188.7,S8
Other cash items
LIABILITIES.
.
50,000
Due from banks
Total
ject to check
»1,73",723
certfs. of deposit
78.384
182,548
CaAbler's checks outatand!>«-•
86,227
united States deposits. .
110,000
Doe to other national
^oanks
1,463,170
Due to State banki and
bankers
1,261,048
H
H"use
Capital stockpald in
Demand
$4,553,035 66
Real estate
Current expenses and taxes paid
ExcbanKes lor
24S60 00-1,634,868 69
OsrtUed checks
Loans and discounts
Qyerdralts
U.S. bonds
Other stocks and bonds
B.
)
V
WOOUWAKD.)
Directors.
WALSH & FLOYD,
SON,
NEW YOBK
!
'
in
at the close of business July
RESOnRCZS.
98,119,957 26
60,000 00
bonds to secure circulation
bonds to secure deposits
Treasurer
the 18th
close of business
July. 1890:
NO.
26
BROAD 8TRSBT,
STOCK BROKERS
'
@FedFRASER