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MERCHANTS’ MAGAZINE,
HUNT’S
§jwpaper,
S
the industrial
REPRESENTING
and commercial
SATURDAY, JULY 28,
VOL. 37.
THE
.
Market, Foreign Ex¬
change, U.S. Securities,State
and
Railroad Bonds and
Money
93
Stocks
Range in Trices at the
Stock Exchange
N. Y.
THE
91
Commercial
Miscellaneous
Investments, and
and Corporation
$lxe dxroixiclc.
92
State, City
Finances..
93
This department has long
this year.
been the worst fea¬
in the
ral situation.
notable incident of the week, and
evidence of the improving feeling prevailing in commer¬
cial circles, is the result of the very large and unusual
auction sale of cotton goods in this city on Thursday. The
In this
107
108
is published in
and
Financial Chronicle
New York every Saturday morning.
Commercial
1 Entered at the Tost
one now.
commercial outlook, and it is evident that fur¬
ther failures must be expected in the same quarter.
But
Quotation s of Stocks and Bonds 95 now and for some time they have ceased to have any sig¬
New York Local Securities
9G
Railroad Earnings and Bank
Returns
97 nificance at all, as indications of unsoundness in the gene-
101 I Breadstutts
10 L 1 Dry Goods
Cotton
90
ture
COMMERCIAL TIMES.
Commercial Epitome
NO. 944.
1883.
is
CHRONICLE.
The Finmcial Situation
85 Monetary and
English News
New Tooling Arrange nents...
87 Commercial and
Tile Grow in aid Multiplica¬
News
tion of Exchanges
39
Tlie State of Trade in Tork,
89
Bacon and Lard
THE BANKERS’ GAZETTE.
states-
But even in the iron industry, recovery
daily coming nearer. The process is painful. Eightythree blast furnaces are reported to have ceased operations
{ similar
CONTENTS.
The
interests of the united
Olliee, New Y"ork, N. Y.. as second-class mail matter.]
connection,
announcement of
a
the sale was
received by the trade
with
and the
prices realized were good beyond expectation. The gene¬
ral aspect since the sale has decidedly improved and thetemporary set-back, following the failure referred to in
the dry goods trade, has been fully recovered.
This is
some
forebodings, but the
bidding was active
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Tost Office Box 958.
sition in every
Buyers
one
do
commercial circle to make
not
haste slowly..
anticipate their wants much. But
interior stocks of goods are
result of that is that
replenishing. For this as
well
for the other reasons mentioned, the commercial
The improvement in the commercial condition noted in
last has not developed as favorably during the past feeling is one of decided hopefulness and encouragement,,
week as was anticipated.
Two notable failures have notwithstanding the more numerous failures which have
occurred of late.
occurred, one in the dry goods trade in this city and the
The strike of the telegraph operators has continued to
The tendency of such
other in Ohio in the iron trade.
exert
unfavorable influence. This, however, has been
disasters cannot fail to be disturbing, especially when
felt more in speculative than in legitimate trading opera¬
the direct and incidental losses are so large and wide¬
The delays in the transmission of information and
tions.
spread.
orders have been so incessant and vexatious that business
It is to be said, however, that these cases are sporadic,
the Produce Exchange, and in other markets depend¬
and not evidence of any prevailing malady.
The failure
ent largely upon prices ruling outside this city and at
in New York is no proof whatever of a general weakness
other centres of trade, has been especially impeded.
The
among dry goods houses ; it cannot even be taken as the
Stock Exchange has probably suffered less inconvenience
result of legitimate trade, but rather of speculative ven¬
than the other markets, for the reason that prices are made
So also the Ohio disaster, although
tures in Wall Street.
here witnout much reference to facts originating elseit follows naturally from the depression in the iron indusi
where.
But speculation in stocks has also been curtailed
try, is only another, illustration of the inevitable weeding
want of telegraphic facilities, as brokers cannot
out process which must always come periodically and in through
short cycles to a trade so highly stimulated by pro¬ promptly communicate with their clients in the interior.
The indications, however, now point to an early removal
tective duties.
When the demand is active, prices go
of the obstruction and a speedy return to free and prompt
abnormally high, permitting the manufacture of iron
communication.
almost everywhere and by men with little business capac¬
An event which especially marks the week is the
ity; then production quickly outstrips consumption, and
renewal on Thursday of bond calls by the Secretary of
only the fittest survive in the recurring depression. This the
Treasury. This time the whole remaining uncon¬
Ohio concern made a big failure in 1873—its liabilities
verted 3£ per cents are included, making the call cover
going up among the millions—and it has made another
THE
FINANCIAL
SITUATION.
small, and will need frequent
as
our
an
on
86
about
THE
CHRONICLE.
fVOL. XXXVII.
*ear of something that has happened or might happen, ox
possibly could grow out of the existing condition of
thirty-two million dollars, and including in it,
according to the Comptroller’s last statement, $7,402,800
held, by the banks to secure circulation.
Our readers
will recall now our remarks on this subject so often made
before, and will see the accuracy and timeliness of our
articles and suggestions which some saw fit to criticise so
severely. The call does not mature until November 1,
but the Secretary announces that any of the bonds embraced
in it will be redeemed upon presentation, interest, however,
being paid only to date of redemption. As money is now a
ty
drug,
distributed
scarcely bringing 2
affairs.
The settlement
lines of railroads
and
of -the
by the organization of
the extension
have commented
ally
the
trunk
of
differences between the trunk
of
on
the
in
west-bound
another
a new
east-bound
pool (which
we
column) aided materi¬
efforts
of the leaders to sustain the
stocks, and the fact that the majori¬
the properties are in strong hands and not
line
among
the public prevented the spec¬
psr cent on call, it is not likely
holders will at present take advantage of this ulators for a decline from being more successful in their
permission. Still, it is a source of supply to the market demonstrations. It is thought possible that there may be
should money grow more active, and as Mr. Folger is some dissatisfaction exhibited
among the managers of the
reported by telegraph to have said that he even now has roads embraced in the Chicago pool when Commissioner
14 to 15 millions surplus on hand, he is likely in case of Fink announces his decision on the
percentages to which
need to make even better terms to induce redemptions. each line will be entitled under the
agreements. It is a little
The nearly 7-£ millions the banks hold may represent cur¬ 'difficult to see how the award can be made so as to suit
rency to be retired and to that extent therefore the redemp¬ all, for the business must be divided among pine instead
tions may act against the future of the money market. of six lines as
heretofore, and in order to give the new
This change would most likely be made and its effect felt roads a fair share
something must be taken from the older
if at all on the first of November.
One of the first duties companies. But under the
arrangement all have agreed in
Congress should undertake when it meets, is the bank case of dissatisfaction to abide by the decision of Mr.
currency question.
We wish we could feel that they Charles Francis Adams, the arbitrator, and it is to be
would handle it any more wisely than heretofore.
presumed that the lines will be content to conform to the
Foreign exchange has been dull, steady and without compact. If this is done, and if schedule rates are main¬
especial feature this week, with the supply of bills about tained, the several roads affected should prosper.
The Pennsylvania statement of
equal to the demand, no particular pressure to sell, and
earnings and expenses,
very little disposition to buy except to meet current issued this week for June, is not as favorable as expected.
wants.
The market has to some extent felt the influence The
gross revenue for the month exhibits an improvement
of the interruption to telegraphic communication, for the of only $G3,115 on June,
1882, but that is of not so much
transactions in produce, both here and at the West, have consequence as
the fact that expenses continue to increase
been necessarily limited; but from all accounts grain has so
largely, the augmentation this time reaching over
been moving to the seaboard in liberal amounts, presuma¬ $400,000.
This, heavy increase this year is all the more
bly for export, and the bills made against these shipments remarkable that it is made on a total already swelled by
will doubtless appear very soon.
Hankers’ drafts in com¬ additions in the past. Thus the increase of $418,306 in
paratively large amounts are offered, and the negotiation 1883 is in addition to an increase of $240,529 in 1882
of others is expected.
As these are not, so far as is over 1881, an increase of $109,665 in 1881 over IS80,
known, drawn against outgoing securities, and as the rela¬ and an increase of $419,413 in 1880 over 1879, leaving
tive rates for money in London and here would seem to the
expenses of June, 1883, $ 1,187--,9i3 greater than in 1879,
discourage speculative transactions in exchange, it is as¬ during which time gross earnings have risen $1,766,sumed that these bills are made against sterling loan3 on 061.
Hence out of a gain of over
IJ millions in
stock collateral.
Some bills of this character have been
gross revenue during thes9 four years ail but about.
traced, and bankers regard it as probable that such loans $578,000 has been offset by expenses. In 1880 and
could be readily negotiated to a large amount if desired.
1SS1, when labor and materials were rapidly advancing
The borrowers are some of the largest operators in stocks in
price, an increase of expenses was easy to comprehend,
in our market, and their object undoubtedly is to procure but it is more difficult now when almost
every article that
funds for the purpose of carrying their load until such enters into railroad accounts can be had at a
greatly
time as they can profitably market the stocks.
reduced cost.
In consequence of the larger
expense
As yet, however, Wall Street shows no real recovery account we find the June net
earnings this year—though
from the unsettled, declining condition which has so long the
gross result i3 better than ever before in the same
prevailed. The sustaining orders in the trunk-line shares, month—smaller than in either 1882 or I SSI. They are,
in Western Union, and occasionally in the
Southwesterns, however, above those of 1880, and very decidedly larger
have somewhat interfered with the efforts of the specu¬ than in
1879, when business was at its minimum. AH this
lators for a decline to get prices very low;
but unsupported will appear by the following table, giving the gross and
stocks have been vigorously and generally
successfully net earnings of the lines east of Pittsburg not only for
raided, the attacks being accompanied by disquieting re¬ June but for the first half of five years past.
ports, which, as usual, proved to have little foundation,
Lines East of l*ittsburg.
1983.
1832.
1390.
1881.
1879.
though owing to the partial isolation of the city their denial
J
?
$
*
*
$
could not be as prompt as usual.
Rumors of yellow fever Gross earnings
:...
4,150,871 4,093,750 3,807,437 3,221,470 2,390,810
at New Orleans and other Southern
2,977,739 2,509,423 2,318,894 2,209,229
1,780^10
ports were used with Operating expenses
Net earnings
1,179,142 l,534,93.i 1,489.513 1,012^47
600,994
good effect against the railroads in those sections; reports
Jan. 1 to June 30
that the telegraphists employed in railroad offices would
Gross earnings
22,050,847 21,553.839 19,134,071 15,414,058
15,963,733 14,400,725 12,559,085 11,339,662 9,568,304
join the Brotherhood were circulated, in the hope that Updating expenses
Not earnings
8,518,820 9.190.122 8.997.154 8.094.409 5.845,854
railway share property would be broken down; the sug¬
The statement for the half year, it will be seen, is more
gestion that cable communication might be cut off by the
strike of the operators engaged in that
important duty, also favorable than that for June. The net earnings are larger
had an unsettling effect.
Thus in this way a feverish, than in 1832, but below those of 1881. The same inqrease
excited feeling in the market has been kept up, throu gb in
expenses, noted above, is again observable. Indeed, comthat
many
U ?!*’.
—
„
.
July 28,
87
CHRONICLE.
THE
1883.]
Net Change in
Week Ending July 27, 1883.
Bank Holdings.
paring 1881 with 1883, we find that while in this interval
Gain .$1,292,000
#372,000
gross earnings have risen in the large sum of $2,798,740, Banks’ Interior Movement, as above #1,664,000
Loss. 1,600,000
1,600,000
Sub-Treasury operations, net
expenses have risen in the still larger sum of $3,277,068.
Loss. #308,000
$1,972,000
$1,664,000
Total gold and legal tenders
Thus it is not a diminished business but an increased expense
The Bank of England return for Thursday shows a gain
that makes this year’s net smaller than in 18S1. As for the
of £417,000 bullion during the week, of which £392,000
lines west of Pittsburg, these make a hardly more satisfac¬
came from abroad, and the proportion of reserve to liabil¬
tory exhibit. We have no report of their earnings and ex.
ities was increased 2 13-16 percent.
The Bank of France
penses, but we see that there was a deficiency in meeting
lost 300,000 francs gold and gained 1,100,000 francs silver,
liabilities in the sum of about $168,000 this June, against
and the Bank of Germany since the last report has gained
a surplus of about $100,000 in June a year ago, and that
TUe following indicates the amount of
for the six months the surplus is no more than $182,931, 6,720,000 marks.
bullion in the principal European banks this week and at
which is above what it was in the same period of 18S2, but
the corresponding date last year.
not one-eighth of what it was in 1SS1, and only a little
more than one-eighth of the surplus remaining in 1880.
July 27, 1882.
July 26, 1883.
The outward movement of securities has not been liberal
Silver.
Gold.
Silver.
Gold.
this week.
The London market has been disturbed by
A
A
A
A
local influences and by the depression in prices on our Bank of England
23,344.419
22,576,828
Bank of France
39,694,000 41,481,438 39,187,566 46,299,193
Exchange, and the buying of stocks for European account
7,015,500 21,046,500
Bank of Germany
7,692,062 23,076,188
is chiefly confined to a few first class investment properTotal this week
69,962,890 64,557,676 69,547,485 67,345,693
ties which are always salable to London and the Conti¬ Total
69,474.759 64,261,059 69,586,559 67,395,479
previous week
nent when they fall to certain points.
Bankers regard it
The Assay Office paid $112,462 through the Sub-Treas¬
as
probable that after the disturbing influences now
ury for domestic bullion during the week, and the Assistant
operating have been removed, and when it is seen that
Treasurer received the following from the Custom House.
confidence in the future of railroad properties is restored
Oonsisting of—
among our own investors, Europeans will make liberal
Date.
Duties.
Gold
Silver OerXT. 8.
purchases. The following shows relative prices of leading
Gold.
Cert if.
Notes.
tifieales.
bonds and stocks in London and New York at the opening
$33,000
$11,000 $35,000 $388,000
$466,526 59
July 20...
each day this week.
34,000
172,000
16,000
9,000
21...
232,014 30
Into Banks.
Out
of Banks
_.
««
U.8.3%s.
Brie
2d con.
Ill.Cent.
N. Y. C..
Reading
Ont.W’n
8t. Paul.
July 27.
July 26.
N.Y. Lond’n N.Y. Lond’n iv.r. Lond’n N.Y.
prices.* prices.
prices* prices. prices.* prices prices.* prices. prices.* prices.
119
118-82
11821 U8% 118-34
118% 118-59 H8% 118-82 118%
101-88
101-88
ion
101-88
ion
101-88 ion
102-ul
101*
34*97
35-22
35%
35%
34-85
34-85
34%
34%
3583
35%
96 03
9603
95%
95%
9555
9555
95%
95%
96-03
95%
132%
131*18 132% 13235 132% 132-35
131-57 131% 131-18 182
115%
115-78 115% 116-51 116% 11602
116-75 U6% 115-53 115
56
28 03+
56% 28-27+ 56% 27-91+
2851+
56% 28-15+ 56
2437
24-86
24%
24%
24-86
24-86
24%
25-35
24%
24%
102-86
103%
102*37 102% 102-65 102% 102-37 103
102-86
Lond’n
C.8.4s,c.
July 25.
N.Y.
Lond’n
103%
Exch’ge,
cables.
*
t
4-87%
4-87^
4-87%
4-87%
4-87%
Expressed in their New York equivalent.
Reading on basis of $50, par value.
J Ex interest.
Money on call continues in abundant supply, and
scarcely any loans have been made above 2 per cent.
There is very little inquiry for time money on the
banks, and lenders generally feel inclined to put their
funds out
on
call rather than offer them on
time,
even on
acceptable collateral. The comparative dulness
on the Stock Exchange tends to limit the daily demand.
The only material change in the domestic exchanges at
interior points has been a rise to $1 per $1,000 premium
for commercial and $1 50 premium for bank at New
Orleans.
For the past week the New York Clearing
the most
banks, according to returns collected by us, have
received from and shipped to the interior gold and curren¬
House
cy as
follows.
1883.
Received by
N.Y. Banks.
#1,632,000
Currency
Shipped by
N.Y. Banks.
Total gold and legal
tenders
#1.664,000
Movement.
#372,000
Gain.#1,260,000
Gain.
32,000
#372,000
Galn.fl.292,000
32,000
Gold
Net Interior
i
The above shows
Jhe actual changes in the bank hold¬
ings of gold and currency caused by this movement to and
from the interior.
have lo3t
In addition to that movement the
banks
$1,600,000 through the operations of the
Sub-
Treasury. Adding that item, therefore, to the above, we
have the following, which should indicate the total loss to
the N. Y. Clearing House banks of gold and currency
for the week covered by the bank statement to be issued
to-day.
320,000
610,000
530,000
13,000
45,000
321,000
59,000
133,000
88,000
117,000
$86,000 $203,000 2,341,000
$464,000
11,000
25,000
26...
664,184 47
496,533 23
Total.
$3,095,638 15
23...
U
24...
ft
25...
II
NEW POOLING ARRANGEMENTS.
unexpected harmony attending the various meet¬
ings of railroad officials in different parts of the country
the past week, is one of the gratifying features in the
situation of railroad affairs at the present moment.
For,
knowing how varied are the interests involved, and how
complicated matters have become through the opening of
so
many new lines, and how reluctant old, established
roads are to yield a share of their traffic to new comers,
are we not
justified in concluding that the conciliatory
spirit evinced at all recent conferences of railway officials
augurs well for the future ?
Probably never before were reports of unyielding
differences so confidently and so persistently circulated as
during the first half of the present month. Rumors of
“cuts” in rates found ready believers.
Not to speak of
the business out of New York, that out of Chicago was,
we were told, completely demeralized, and
in support of
this statement the derangement in the percentages of the
pool lines running east from Chicago was cited as evidence*
In truth, the state of affairs at that point really seemed
The
to warrant an
Week Ending July 27,
17,000
22,000
56,000
29.000
412,492 40
823,887 16
U
July 24.
July 23.
unfavorable conclusion.
The Grand Trunk
carrying nearly twice its allotted share. The
Columbus Chicago & Indiana Central, having been reorgan¬
ized as the Chicago St. Louis & Pittsburg, was clamoring
for a larger proportion of the business than formerly.
was
at times
The Nickel-Plate made no secret
the award
on
of its dissatisfaction with
the live stock business at least. The Erie had
opened its Chicago & Atlantic route, and in the second
week of its existence got a larger share of the east-bound
tonnage than such old and well-known lines as the Lake
Shore, the Michigan Central, and the Fort Wayne. Then
finally, to the multiplicity of routes east from Chicago was
to be added one composed of the Baltimore & Ohio, the
Wabash, and the Grand Trunk. With this increase in
-88
’the number of
THE
carriers, and hardly
volume of tonnage, the more
•that the managers were, all of
CHRONICLE.
fV0L. XXXVIL
increase in the really received, so that the company engaged in this
general view was to think work would lose the difference between the two
them, impatiently awaiting rates, besides having transported the excess at its
any
the
day of meeting, in order to end all pooling arrange¬
proclaim an open warfare.
Yet on the very first day of meeting all the most trouble¬
some points at issue seem to have been
got over. It
is not to be understood that every difficulty was, or
has yet been, definitely and
finally settled. Many
of these remain undecided, and will harass and vex
the
Pool
Commissioner in the future,
as
others
have in the
past. But what is chiefly significant
is, that there was no rupture, and no disposition to force
any. As to the old lines, it does not appear that they have
yet lost faith in arbitration, and are prepared to resort to
war to
gain their ends. Mr. Fink will try to readjust the
percentages to the satisfaction of all, and, should he fail,
Mr. Charles Francis Adams will be called
upon for a final
decision, as heretofore. As to the new lines, they have
unhesitatingly come into the pool, and agreed to abide by
its regulations.
"We do not know that the latest route to
the east—the Wabash, or Chicago
Detroit & Niagara
Fall Short Line, as it is called—was
directly represented at
the meeting, but this is not really of
so much importance,
since it had indirect representation
through two of the roads
.already in the pool who are to benefit by its opening.
By far the most important piece of news, however, that
we have
had from this
meeting, if the reports of its
doings are correctly reported, is that the companies
which carry in excess of their allotments are to settle for the
ments and
own
cost
and
received
no
Even if it gets an excess at
allowance
for
the
same.
regular tariff rates, it will
of no avail to it, since it will be allowed to retain
no
portion of the earnings derived on the excess—not so
much as to cover the expense of
carrying it. Further,
there is no way in which a road receiving more business
than it is entitled to, can protect itself
against a loss of
some kind, unless
possibly through a refusal to accept
freight at the hands of shippers themselves, which it cer¬
tainly would not care to do. Let it transport the freight
to its destination and a
large loss is sure to follow, in the
manner already pointed out.
Let it turn ovet the excess
at once to the line running
behind, and it will be taxed
for the cost of making the transfer.
Either way, it pays
dearly for the privilege of receiving an increased ratio of
It has been truly remarked that under this
business.
latest arrangement, each company is interested in
carrying
as little as it
possibly can, and we cannot refrain from sug¬
gesting that remarkable unanimity and almost unheard of
magnanimity must have distinguished the councils of the*
managers of the Chicago east-bound roads to have enabled
them to reach such a result.
So extraordinary, indeed,
do the new -regulations seem, that one can not
help feeling
somewhat skeptical as to their
being carried out in good
faith, and their outcome will certainly be awaited with
much interest and not a little
anxiety.
Still, we have no reason to suppose that the managers
excess on the basis of the full
gross revenue that the same are not perfectly sincere in their action.
The differences
would yield at schedule rates.
Heretofore a certain per¬ growing out of the past workings of the pool appear to
centage (60 percent, we believe), was allowed for operating have been settled in a conciliatory mood and a spirit of
expenses, and this it is claimed was sufficient to give a mutual concession.
Why should not the same principle
margin to a railroad carrying in excess of its allotment, of action obtain as to the future ? We are the more
even when it took business below full
rates, and thus there inclined to accept this view that the other meetings of
remained some inducement to engage in this sort
of irre¬ managers of different lines and pools were attended with
gularity. Under the new arrangement, however, it will get the same favorable results. In addition to the meeting
Absolutely no allowance whatever for transporting business above, with the Chicago committee, the Executive Com¬
in excess of its assigned share. More than
that, if the Com¬ mittee of the trunk lines also met with the Boston com¬
missioner orders a diversion of business from one road to mittee, the
outgrowth of which was a resolution to form a
another, because the former has been gaining at the expense pool on Boston west-bound business, the pool to be com¬
of the latter, then the first road is to bear the cost of the
posed of the Boston & Albany7, the New York & New
transfer.
“ The object of this
provision,” we are told, England, the Fitchburg, and the Vermont Central.
is to still further remove
any incentive for a pool road Details were not fully matured; Boston has not had a pool
to cut rates so as to attract business from its
competi- heretofore. Furthermore, we notice that a .meeting of
tors.”
And we should think it would be effective.
representatives of the roads interested in business between
In truth, if the railroads act in
good faith, and resolve Chicago and the Ohio River, has been held, and that the
to abide by the new
agreements, we do not see that it passenger department recommended the formation of a pool
would be possible to devise more
stringent measures to between Chicago and Louisville, and between Chicago and
prevent a break in the combination. A more thoroughly Indianapolis, Evansville and Cincinnati, and that the
cast-iron arrangement it is difficult to conceive of.
So freight representatives agreed to maintain rates and make
long as it remains in force* there is and can be no induce¬ a certain division of the business, while also recom¬
ment either to accept less than full rates or to
carry more mending the formation of a general traffic association
than the allowed proportion of the traffic.
Of course, covering all the lines in that territory.
while Mr. Fink is engaged in fixing the
Within the last few days the passenger department
percentages to be
of
allotted to each road, all will be interested in
making the Joint Executive Committee of the Trunk1 lines has
as
large a showing as possible; but after that, if a road also been in consultation, and here, too, some important
should cut rates to maintain its allotment, it would be a results were reached.
Pretty nearly all the leading lines
very foolish proceeding, for the pool virtually guarantees between Chicago and the seaboard were represented, and
to give it its
percentage, whether carried or not, and at it was resolved to apply differential fares to all points'west
full rates too.
To cut rates, in order to increase its allow¬ of Chicago and
St. Louis, rates to be fixed by adding on
ance, would be a still more foolish act, for the pool lines the local charge to points beyond these termini.
More
will allow it no more than the fixed
percentage in any significant, however, is the resolution to abolish all com¬
event, and for whatever excess it carried it would missions on west-bound
passenger business from the sea¬
get absolutely nothing; on the contrary7, it would board, and to request Western roads not under the author¬
have to pay over to the pool an amount of money
ity of the Joint Executive Committee to do the same.
equal to the revenue on the excess, calculated at These commissions are a fruitful source of cutting in rates,
•schedules
rates,
instead of at the reduced rate and so long as they7 are paid it is almost impossible to pre-
<l
u
Cl
prove
July
28, 1888.]
yent disturbance.
The commission being quite large, the
scalpers,” as they are called, are enabled to sell tickets
considerably below schedule rates, and yet retain a fair
margin of profit. Assistant Commissioner Pierson says
that on a ticket from New York to Kansas City the scalper
receives as much as from $6 to $15, a clear loss to the
railroads, while jeopardizing their interests by making it
It seems wise, therefore,
very difficult to maintain rates.
to abolish this commission business as far as possible.
There appears to be little difficulty in the way of its being
done by the Eastern roads, but not the same confidence is
felt with regard to Western roads—that is, west of
Chicago and St. Louis. These latter have agents here
who secure for them some of the through travel to points
on their lines, and receive
a large commission in return.
It is believed, however, that ‘even these roads will find it
to their advantage to make the change suggested.
A
great many other points were considered by the passen¬
ger department of the trunk lines, some of them offering
very knotty problems ; but it does not appear that any
insuperable difficulties were encountered, and there was no
break in the amicable relations of the,different lines.
11
Exchange, and that many sugar merchants and brokers think
favorably of the proposal, and are willing to unite; but there
appears to be one great obstacle, namely, the refiners, whose
continued objection, especially to calls of raw sugar, makes it
doubtful whether the
can
plan of
a
united Tea and Sugar Exchange
be carried out.
be claimed that Exchanges have encounged and
speculative feeling. This is not to be
denied; yet speculations are now controlled by proper by-laws^
It may
facilitated the inherent
protected by rules as they never were before. Besides, the
great advantages conferred by these organizations are not to be
overlooked. They procure information from all parts of the
world; they afford means for protecting outstanding engage¬
ments in the real article; they secure the interest of their mem¬
bers by laws founded upon long experience; the decision of
arbitration committees have given general satisfaction; and
last, though not least, tley unite the .members, as it were, in
and
one
brotherhood.
As there is
nothing perfect, so Exchanges may carry somedisadvantages along with them, but they are by no means asgreat as the benefits conferred. That this is acknowledged by
the public is best proved-by their extension and by the en¬
hanced money value of memberships.
THE
STATE
OF
TRADE
AND
Altogether, the past week's work has been a very satis¬
factory one in these particulars; and if only we could feel
that there would be hereafter no connection between rail¬
road
89
THE CHRONICLE
IN
PORE\
BA CON
LARD.
place at Chicago early in the present
again in the past week, in prices of pork, lard and
bacon, and the causes to which it was attributed, add a new
feature to the speculation in these staples, and further compli¬
The decline which took
month and
management and Wall Street speculation, we should
the utmost confidence in continued peace and
probabilities regarding future prices. The decline has
important within the past few weeks. The prices of
last Wednesday in this market as compared with those of Fri¬
harmony.
day, June 8th, were $16 against $20 per bbl. for mess pork*.
MULTIPLICATION OF 9/6c. against ll/£c. per lb. for lard, and S%c. against 10%c. per
THE GROWTH A HD
lb. for bacon, an average decline of about 20 per cent.
EXCHANGES.
This
It does not appear very long since three Exchanges were con¬ great reduction has naturally attracted much attention; and the
sidered ample provision for the commerce of the City of New query, What are the prospects for the future? is one that
York. There was the general Merchants’ Exchange on Wall is heard on all sides.
The statistical position is not unfavorable to holders of pork
Street, which in the last years of its existence was mainly
visited for the purpose of negotiating foreign exchange and lard. The stock of lard in the United States was estimated
and for making freight engagements, and latterly .was but on the first of July to be only 186,419 tcs. against 208,730 tcs.
poorly attended. When the building was transferred to on the 1st of July, 1882; the stocks in Great Britain at the same
the United States for a Custom House the Exchange went time are estimated at 25,000 tcs. against 25,200 tcs. last year y
entirely out of existence. The Stock Exchange changed and in Continental markets, at 53,300 tcs. against 65,000 tcs. last
rooms several
times, till the growth of transactions and year—making a total visible supply of 264,719 tcs. against 298,930
of members required more suitable accommodation, and the tierces last year, a deficit of more than 34,000 tierces. Of pork,
large building in Broad Street was erected for its special the stocks at Chicago, New York, and Liverpool, on the 30th of
use.
The Produce Exchange occupied small rooms at the June last were 221,000 bbls., against 263,000 bbls. June 30th,
lower end of Broad Street until they became intolerably incon¬ 1882, a decrease of 42,000 bbls. But of bacon and cut meats,,
The stock of bacon at
venient and the Exchange in Whitehall Street was built. the exhibit is quite of another sort.
Chicago June 30th last amounted to 48,650,000 lbs., against
Although it was thought at the time that liberal space had
been provided for Grain as well as for Provisions on the second 21,250,000 lbs. one year before, and of “cut meats” there were
floor of that building, yet it was soon deemed expedient to 49,000,000 lbs. in store, against 38,500,000 lbs. one year before,,
a net increase in these products of nearly 38 million pounds at
move the provision trade to the ground floor. Subsequently the
business and attendance multiplied so largely that another Chicago alone. The stocks of bacon on the 30th June were
move became a matter of necessity, and the members will soon
18,500 boxes, against 10,700 boxes at the same date in 18S2.
be enabled fib assemble in the fine structure now in course of The “summer packing” of swine at the West from the end of
erection in the same street.
During the war there was the regular winter season, on the first of March, to July
also the Gold Exchange; But when the premium on gold was 17th, amounted to 2,230,000 head. The seaboard receipts in the
wiped out and gold finally resumed its function as currency, same time were 894,000 head, giving a total of 3,124,000 head.
speculators and brokers found their occupation gone and the For the corresponding period of last season, the number
slaughtered at the West was 2,190,000, and the seaboard re¬
Exchange died a natural death.
As an evidence of the alteration in the modes of doing busi¬ ceipts were 950,000—a total of 3,149,000, showing a decrease
for this season of 16,000.
But even this slight falling off is ia
ness and of the rapid growth of the trade of this city, there
numbers only ; for there is more than a corresponding in¬
are now, instead of three exchanges of twelve years ago, more
crease in weight.
The swine slaughtered this season have
than a dozen in existence.
been much better fed and consequently heavier than last
The first addition was made in 1871 wThen the Cotton
Exchange was incorporated. Next dealers in petroleum re¬ season, their average weight being 229 lbs., against 211 lbs., or
quired a regular place of meeting, and after that these organi¬ an increase in weight of 18 lbs., and more than compensating
zations sprang up in all directions. In fact, with the excep¬ for the falling off in numbers.
tion of sugar and tea, almost every commodity is now repre¬
Reports from the United Kingdom say that the growth of
sented by an organized Exchange. The subject has also been swine there has been greatly promoted by the recent high
talked of by these interests, yet the members of neither have prices of their products, while from the same cause consump¬
tion has been reduced. An authority says that the number of
up to this time been able to come to a mutual understanding,
and the question has been held in abeyance. But we now swine in the United Kingdom, which a year or two since fell
learn from good authority that it is considered expedient for below 3,000,000 head, has now returned to nearly 4,000,000; and
the protection of the tea trade of New York to open an that there are great numbers of swine in Germany the pres¬
Exchange, and that the project meets with sufficient support ence of “Hamburg bacon” in English markets will attest.
The reports of yellow fever in the Gulf Ports, which are theto ensure its accomplishment.
We also learn that the sugar
immediate cause of the late decline in prices, must be received
trade has been invited to join, so as to form a Tea and Sugar 1
cate the
been very
.
i
have
90
with
THE CHRONICLE.
Local health officers
reserve.
seem
to have shown
a
dis¬
position to turn them to account in magnifying their import¬
ance.
The health board of New Orleans have
very justly
protested against such action. Yet, vexatious quarantines may
be established, and the course of regular trade
deranged. This
naturally excites anxiety among the ‘‘pork packers” and the
holders of “hog products” at the West. They are threatened
with the disruption of an important branch of their trade at a
time when it was looked to as the means of reducing stocks and
clearing packing houses for the regular winter season.
The foreign shipments of pork, bacon and lard from the
seven principal Atlantic
ports since Nov. 1 last show a falling
off of about 2^ per cent, against a small increase in the
produc¬
tion, and the heavy accumulation of bacon at the West is
the result. The recent decline in prices has
given a great
impulse to the export trade, but whether it can be maintained
without
further reduction in values is not certain.
The extent of the yield from the growing corn crop will have,
from its importance for feeding purposes, a large influence
a
upon
future prices of swine and their
products.
Two years ago the
corn crop of the United States was
very deficient—more nearly a
failure than was then suspected. Last year we had'a
crop
liberal in quantity but below the average in
quality. Of the
prospects for this season, the latest report from the Agricul.
tural Bureau at Washington says the average condition is 3
per
cent better than last July,
having much improved since the
June report. The later advices seem to continue in the main
satisfactory. Still it seems probable that at the recent declines
for pork, bacon and lard the demand
may be expected to more
nearly approximate the extent of the supply. Certainly the
trade appears to rest on a sounder basis than it
did, and it is to
be hoped that its progress may not be again disturbed
by
extravagant speculation.
lEPknietavyf (Commercial j|uglish ilctus
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE A T
On-
LONDON—July 14.
Time.
Amsterdam
.
Amsterdam.
3
mos.
Short.
Hamburg... 3
mos.
a
Berlin
Frankfort...
a
Vienna
a
Antwerp....
St.PeterBb’rg
a
Paris...
Paris
a
3
mos.
Genoa
Madrid......
Cadiz
ii
Lisbon
Alexandria..
New York...
a
....
Calcutta..
12*5*4 @12*53*
12*2%} @12*3%}
20*67
2068
@20*71
'3)20*72
*20*68 @20*72
12*135*3) 12*16 q
25*52 %j 325*57 %>
22 78 3)23
Time.
Rate.
July 14 Short.
H
....
IJuly 14 Short.
July 14
ii
'July 14
20*49
20*48
20*48
11*99
ii
'July
1
25*47%}@25*5'2%} IJuly
25*53 \ @25*58 % July
46^irt^46^K3
July
464* @46**%
July
51t*i i6@511o«6 1
July
ii
14
60
d’ys
ii
Hong Kong..
Shan orhai....
Is. 73sd.
Is. 73sd.
.
14
3 mos.
14 Short.
14 3
14 3
....
....
[From
our own
,
canal is to be more under the control of
English officers, but
the opponents to the scheme, in and out of
Parliament, contend
that the concessions are not of sufficient
magnitude to justify
the advance of so much
capital. Government must, of course,
apply to the House of Commons for the powers necessary for
raising the loan, and, unless it should decline to follow up the
scheme, there will be some important debates upon it.
Having
opposed the canal originally, we have undoubtedly placed our¬
selves in a less favorable position, and M.
de Lesseps is quite
justified in obtaining the best terms possible. The canal is of
vast importance to us, and our merchants and
shipowners are
largely interested in its control and the regulations for its use.
Freights to the East are now so low that the canal dues render
them scarcely profitable. Probably,
however, when the matter
has been fully considered, an
arrangement just to both parties
will be arrived at.
The position of the money market
during the week has not
on the Stock
Exchange
increased demand for loans, but the
supply of
materially changed.
has caused
some
The settlement
bills in the discount market shows
The Bank return is
no
perceptible alteration.
favorable than had been anticipated,
but there is an adverse feature, viz., a decrease of
£19,707 in
the supply of bullion, against a recorded influx of
£191,000.
The distribution of the dividends on the public
funds, and the
more
repayment of loans to the Bank of England are prominent
features, and, owing to the falling off in the liabilities of the
establishment, and to an increase of £296,918 in the reserve, the
proportion of reserve to liabilities has risen from 35T0 to 42*30
per cent.
The
following
are
the quotations for money and the interest
to-day and same day of the
allowed by the discount houses
July
July
July
July
25*28%}
25*29%}
25*25
47*30
mos.
47*30
14 tel.trsf.
14 tel.trsf.
14
4 mos.
14
ii
*
previous five weeks:
965*
4*84
Is. 7*^86.
Is. 7i33.,d.
3s.
77b4.
58.038-1.
correspondent.!
Interest Allowed
for Deposits by
Open Market Rates.
Rank Bills.
Trade Bills.
London
Joint
1
Three | Four
Six
Three
Four
Six
Months Months Months Months Mo7iths Months
23%}
mos.
11 3 11108.
July 14 Short.
....
through the Isthmus has become very
general. The British Government has, for some time pasL
been
negotiating with the M.M. de Lesseps on the
question of a double canal, and between them they have
agreed to a plan, which, while it has been approved of by the
company, has yet to receive the sanction of Parliament. The
British Government proposed to lend the
company £8,000,000
at 3/£ per cent per annum, to be advanced as the state
of the
works requires, and over a
period of about five years. The
12*14
j Jill v 14 Short.
Checks 25*27%2 3)25*32 %> July 14 Checks
“
Bombay
Rate.
these communications
EXCHANGE ON LONDON.
Latest
Date.
[Vol. XXXVII.
June
“
S
3*®
—
15
•3W®3*
»*
22
\3%®m
“
29
3%®3%>
6
3H®3%
.July
“
1?
-
Annexed is
j
3*%@4
3%j@3*%;
3*® — 3*®3% 3%®4
3Yi®
3%<<ji4
3r%®3*\3%® - 3*®4
m® -m®3* 3%j®4
8%©
-
S%>@
-
3%>©4
Disc’t ITses
Stock
Banks.
At
7 to 14
Call.
Days.
3*%@4J4
4
@4%.
3
3&@4M
3%@4
4
®4*
®4\i
3
SH-Shz
3'a-3>A:
3
3^-3^
3%>@4
4
3U®4\{
mmi 33f©4>4
3-%®i 3H@4H
3
314-3*
3
3'4-3*
3H-3*
3
statement
showing the present position of
rate, of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No^40 mule twist, fair second quality,
and the Bankers’ Clearing House return,
compared with the
three previous years:
the Bank of
a
England, the Bank
London, {Saturday, July 14. 1883,
relations with France have largely
absorbed public attention during the past week. An alleged
1883.
1882:
1881.
insult to the British flag at Tamatave has roused some
1880.
indig¬
£
£
£
£
Circulation
nation, but the French Government have up to the present
2G,350,315 20,971,590 27,260.370 27,458,995
Public
4,556,715
4,132,347
4,754,329
5.049,671
time received no communication on the subject, while our own Other deposits
deposits
22,757,884 27,433,813 28,716,904 26,908,517
Governm’t securities 11,965,643 14,649,471 16,271,339
intelligence is but meagre, and requires authentication. To Other securities
15,545,921
21,783,319 22,607,228 20,195.229 17.970,747
form a just conclusion in the matter is therefore at
Res've of notes&coin 11,646,513 12,455,951
present
15,143,373 16,561,97t>
bullion in
obviously impossible. If what is asserted be correct, the Coin and
both departments..
22,246,828 23,677,541 26,653,743 29,020,971
French Government will, it is very
generally believed, exercise Proport’n of reserve
to liabilities
42*30
39*01
447s
^51%
the usual national courtesy, and
4 p.c.
rectify the error in the usual Bank rate
3 p. c.
21s p. c.
2%} p. c.
Consols
100
9934
10198%}
way.
Other Governments, representing nations equally sen¬
Eng. wheat, av. price
42s. 4d.
46s. 9d.
46s; 8d.
43s. 9d.
sitive as the French, have submitted to a
Mid. Upland cotton..
5%sd.
7d.
necessary, though
6^]6a.
678d.
No. 40 Mule twist...
97sd.
103*6;
10%}d.
ll^d.
unpleasant, duty, but it need not be said that, by pursuing that Clear’g-house return. 104.223,000 106,565,000 101,763.000
124,760,000
course, any humiliation is incurred, as subordinates have fre¬
Respecting the bullion movements during the past week
quently exceeded their instructions, and require to be repri¬ Messrs. Pixley & Abell observe:
Two events
affectin'g
our
manded.
Lord Palmerston
has
always been regarded by Eugland as
his foresight
He opposed
vigorously the scheme for uniting the Mediterranean and Red
Seas, but the French, in spite of his objections, to their honor
be it said, completed the original scheme—a scheme which has
benefitted this country more than any other. The
saving in
time and money has been great, and now that new outlets are
required for our commerce, the cry for an improvement in
of her greatest statesmen, but
undoubtedly
failed him as far as the Suez Canal is concerned.
one
Gold.—There being no export enquiry for gold all arrivals have been
England, about £271,000 in bars and coin having
been so disposed of. The Peninsular <fe Oriental steamer
Carthage
brought 175,000 sovereigns from Australia, and the Royal Mail steamer
Para has arrived with .£5,0Q0; 100,000
sovereigns have been with¬
drawn from tho bank for Lisbon, and 18,000 for Suez
shipped per
sent into the Bank of
Teheran.
Silver.—The silver market has been quiet,
owing to the absence of sup¬
plies; the price was however maintained at our last quotation of 50^d.
per oz. standard, until yesterday, when a weak allotment of the India
Council drafts led to some sales at
50"i6d.. the price fixed for arrivals
per Para and Mozart. About £35,000 have arrived from New York,
£10,000 from West Indies, per Para, and £25,000 from the Brazils,
per
Mozart. The Peninsular & Oriental steamer Teheran took
£74,500 on
10th inst. for Bombay. The Pacific steamer Cordillera has arrived at
Liverpool, amount of specie not yet known.
price of
per oz., at which
have taken place daring the past week. The FrenchMexican steamer Ville de St. Nazaire has arrived with about £60,000;
these have yet to be dealt with.
Exchange.—The following were the sales yesterday of India Council
Dills and telegraphic transfers: Bills on Calcutta, 10,000 rupees; Bom¬
bay, 50,000; average rate, Is. 7*437d. Allotments in full at Is. 7"i«d.
per rupee. Transfers on Calcutta, 3,50,000 rupees; Bombay, 6,00,000;
Madras, 2,00,000; average rate, Is. 7*46Sd. Allotments in full at
Is. 7i532d.
25 lakhs of rupees notified for next week.
Mexican Dollars have maintained the
rate transactions
The
of Sil ver.
July 5.
July 12.
■
..
s.
gold, fine—oz.
gold, contain’g
Bar
77
d.
s.
77
9
d.
d.
d.
50%
50 7-16
Bar silver, flne..oz.
9
IMPORTS.
77 10)4
77
Span, doubloons.oz.
73 10
S.Am.doubloons.oz.
73
814
73
U. S. gold coin...oz.
Ger. gold coin. ..oz.
70
3)4
76
10)4
Cake silver
50 13-16
5414
oz.
Mexican dois.. .oz.
814
3)4
50%
54%
49 3-10
49 3-16
and open market rates at the
chief Continental cities now and for the previous three weeks
have been as follows. The open market rates for Paris, Frank¬
fort and Hamburg are easier.
The Bank rate of discount
July 5.
July 12.
June 21.
June 28.
1880-1.
1879-80.
51,309,011
8,624,614
49,903,128
11,059,854
50,718,486
8,961.247
30.833,000
26,639,000
21,707.800
113,663,200
90,766,625
87,601,932
81,387.533
46s. 7d.
43s. 3d.
46a. 3d.
16,000,000
12,400,000
1,835,000
2,065.000 2,053,000
home-grown wheat,
sales of
barley and
Bank
Open
Bank
Open
Bank
Open
Bank
Open
Bate.
Market
Rate.
Market
Bate.
Market
Bate.
Market
2%
4
Berlin
Frankfort
—
Brussels
3%
3%
Madrid
Amsterdam
4
3*4
m
3)4
—
Hamburg
3
2%
3
Paris
2%
m
3H
—
3%
—
3)4
3
3%
3
5
4%
5
Vienna
4
3%
4
St. Petersburg..
6
4%
3%
5?4
Tenders
were
0
2%
3:14
3%
3
4
—
3H
—
3
2H
4
3%
Total
wheat for season.qrs.
41s. 7d.
Visible supply of wheat
intheU. 8.... bush. 19,400,000
3)4
3)4
3)4
3)4
3
5
4)4
5
qrs
oats
extent of the
4
3%
4
6
5)4
6
Thursday
realized, are
together with the average prices
following statement:
Wales,
shown in the
SALES.
Wheat....
Oats
AVERAGE PRICES FOR THE
Wheat...
Barley...
.....
1882-3.
6*.
d.
7
* 41
1,379.062
149,136
165,249
SEASON (per qr.).
1880-1.
1881-2
d.
46 7
31
6
21
6
6
1879-80.
d.
43 3
32 5
24 0
s.
s.
s.
32 10
21
1879-80.
1,252,373.
1,179,768
1,633,229
216,372
1,941,399
274,017
Barley...
1880-1.
1,536,846
1881-2.
1.778,824
1882-3.
Oats
-
principal markets of England and
in the 150
4)4
374
5)4
3
10,000,000
flour afloat to U. K.
3)4
—
'
Supply of wheat and
3
—
3)4
3)4
received at the Bank of England on
1881-2.
Av’ge price of English
The
Interest at
8,962.247
CONSUMPTION—45 WEEKS.
Imports of wheat.cwt.58,149,507
Imports of flour
14,831,193
Sales of home-grown
produce
.40,682.500
1882-3.
Chilian dollars..oz.
11,811,838
12,596,107
1,861,792
2,425,006
25,541,294
10,232,225
8.972,759
2,161,352
2,176,202
30,592,238
11,059,854
20,083,103
8,624,614
SUPPLIES AVAILABLE FOR
IngSgrs. gold.oz.
73 10
13,284,198
1,902,032
2,661,729
19,751,581
14,831.193
corn
49,903,128
11,978,083
9,431,025
1,882,376
1,772,594
14,857,323
Barley
Oats
Peas
Beans
Indian
Flour
1879-80.
50,718,486
1880-1.
1881-2.
51.309,011
cwt.58,149,507
Bar silver, contain-
20 dwts. silver..oz.
anticipated, but of flour is heavy,
being 400,000 sacks of 280 pounds, against 200,000 sacks in 1882.
Annexed is a return showing the extent of the imports of
cereal produce into the United Kingdom during the first fortyfive weeks of the present season, compared with the corres¬
ponding period in the three previous years :
Wheat
Price
July 5.
July 12.
which is less than had been
1882-3.
quotations for bullion are reported as below :
Price of Gold.
Bar
91
THE CHRONICLE.
1883.j
July 28,
<
46
35
23
d.
3
3
2
£1,250,000 three per cent Metropolitan Board of Works
wheat for
Converting quarters into ewts., the totals for
stock. The applications amounted to £1,714,500, at prices
varying from the minimum, £95 10s., to £97. Tenders a^ the whole kingdom are as follows:
1879-80.
1880-81.
1882-83.
1881-82.
£95 14s. per cent will receive about 74 per cent of the amount
21,707,800
26,639,000
Wheat
cwt, 40,082,500
30,833,000
applied for, and above that price is full.
The following figures show the exports of the leading man¬
Messrs. J. S. Morgan & Co. offer for subscription $7,200,000,
ufactures, and of some raw materials, from the United King¬
being part of $10,500,000 six per cent general mortgage gold
dom to all quarters during the first six months of the present
bonds of the Chicago & Western Indiana Railroad Company.
and past two years:
The bonds are secured by a mortgage which covers 117 miles
IMPORTS.
1883.
1882.
1881.
of railway track, together with real estate, over 300 acres,
9,403,674
9,279,830
for
within and adjoining the City
is £205 per bond of $1,000.
of Chicago.
The price of issue
The following additional companies are announced :
Gras-Kop (Transvaal) Gold Mining Company, limited; capital
£300,000; the Patent Diagonal Rocking Fire Bar Company, limited;
capital, £50,000. The National Bicycle aud Tricycle Company, limited;
capital, £50,000. The Estates Investment & Villa Farm Company,
limited; capital, £200,000. The Mackay A Revolution Silver Mining
Company, limited, notifies an issue of 30,000 ordinary shares of £1 each,
and Messrs. Borthwick, Wark A Co. offer for sale $40,000 in five per
cent debenture stock of the St. John & Maine Railmay Company at £05
per £100 stock.
Dividends announced:—Provincial Bank of Ireland, for past half-year,
at the rate of 12 per cent per annum; Thames & Mersey Marine Insur¬
12s.
Company, 8s. per share, being 2s. dividend and 6s. bonus, making
per share for the year; North Metropolitan Tramways Company, 0
carried forward; Glasgow Tramways, 9s. 9d.
per share, £191 carried forward; Direct United States Cable Company,
5's. per share, £1,852 carried forward, after having added £19,877 to
the reserve fund, making it up t» £315,000, Imperial Bunk, rate of 8
per cent; London & South-Western Bank, 6 per cent; Indemnity Mutual
Marine Insurance, 14s. per share, making 21s. for the year. Manches¬
ter, Sheffield & Lincolnshire Railway, at the rate of 1H per cent against
per
cent per annum, £515
1 per
cent last year.
during the past week, some
districts having been visited with heavy rains and storms.
The weather-wise predict a continuance of such weather, and
it is quite certain that, judging from to-day’s appearance, there
are no present indications of any immediate change.
There is
pot, therefore, much, if any, expectation of harvest work being
commenced this month, but, as the stocks of foreign produce
here are considerable, especially at Liverpool, the trade has
not been materially influenced.
Holders, however, are less
to sell, and many are of opinion that, unless there be
inclined
a speedy return to settled weather, a somewhat higher range of
values will be established. On the other hand, millers operate
with great caution, and it is understood that they hold larger
The weather has been unsettled
reserves
than usual.
following quantities of wheat, flour and Indian corn
are estimated to be afloat
to the United Kingdom—supplies
of wheat from the Baltic are not included :
Wheat
Flour
Indian corn
present.
qrs. 1,610,000
174,000
394,000
Lest week.
1,650.000
185,000
377,0u0
1882.
1,823,000
156,000
258,000
1881.
1,715,000
109.000
656,000
supplies of wheat and flour at our ten principal ports on
July 1 amounted to 3,102,500 quarters, against 2,029,000 quar¬
ters last year.
The stock of wheat in London is 475,000 qr?„
The
EXPORTS.
cwt.
Cotton
Cotton yarn
Cotton piece goods
Iron and steel
Jute piece goods
Linen yarn
Linen piece goods
Silk manufactures
British wool
Colonial and foreign
Woolen yarn
;
Wool fabrics
1883.
lbs
The
1382.
983,136
1,177,855
122,881,800
118.635,500
£
lbs.
1,128,284
6,051,400
5,705,400
7,556,500
wool.lbs.
131,416,785
135,1 L.5,089
142,002,201
23.693,200
92,756,300
3,114,300
14,980,300
43.398,700
81,392,200
14.801.300
40,013,000
68,302,100
4.590.700
3,255,100
5.292.700
693.414
4.934,700
535,847
lbs.
yards.
yards.
yards.
12,408,700
3,895,100
528,520
pairs.
were
-
the quantities of cotton
piece goods exported in June, compared
month in the two preceding years:
1881.
with the corresponding
-
4.185.700
2.237.500
3.096,100
3.531.300
5.783.400
4.690.300
4.638.600
7,202,000
665.100
32.41)0,700
6.467.900
767.400
2.596.400
24.865.800
9.961.300
13.918.500
4.219.400
4.608.500
7.804.300
6,358.200
7,968,300
782,000
Greece
2.741.500
3,784,800
Turkey
Egypt
31,061,000
13,081,600
West Coast of Africa (For.)..
United States
3,297,200
4,202,900
6.599.600
7,899,400
6.701.500
2.144.700
1.651.300
4.107.200
13.740.400
3.333.900
6,913,100
7,029,700
4.499.400
Kong.......
48,924,600
4.173.200
33,489,700
1.325.200
29.178.800
9.427.200
India..
7.611.70b
8.775.800
4.767.200
13,300,900
3.727.500
1.525.300
Mexico
Central America
United States of Colombia..
Brazil
5,092,200
3,585,100
4,976,100
14,855,200
Dutch Possessions in
2.740.400
3.067,700
16,078,300
3.056,800
3-152,3i>0
5,071.500
3,053,900
1.180.800
1.979.600
1,597,000
3.656.500
3,496,000
5,118,800
4.500.500
3,119,500
4,712,300
2,815,000
1,920,000
1.820.600
1,060,400
30,951,200
28.923.500
8,437,000
35.654.400
10,031,300
"71,277,100
78.711.500
71.653.500
Philippine Islands
1,616,200
2,370.400
Gibraltar
Malta
West Coast of Africa (Brit.).
British North America
British West India Islands A
Guiana
British Possessions in South
Africa
British India—
2.878.200
8.899,600
1,727,900
Uruguay
Argentine Republic
Bengal
3.433.500
5.686.600
4.719.300
7,359,500
Foreign West Indies
Bombay
1883.
Yards.
3,217,400
Portugal, Azores A Madeira.
Italjr
Austrian Territories
Madras
1882.
Yards.
3.130.200
2,827,200
:
Chili
Peru
China and Hong
manufactured
Yards.
3,323.200
Exported to—
Germany
Holland
France
__
__
yards.
following
1,093,597
126.191,600
yards.2,339,815.800 2,116,901,800 2,233.919,200
1,728,207
2,094.839
tons.
1*972,379
yards.
94.509,600 103,713.400 115,311,500
9,225,200
10.126,000
lbs.
8.972,700
82.142.300
92.018,200
yards.
86,032,600
1.174,542
1,393,441
Worsted fabrics
Flannels
Carpets
Blankets
Japan
The
At
9,005.267
*...cwt.
Cotton
1881.
The
ance
...
3,747,800
■
*
7,248.200
2.481.700
THE
*
1881.
Yards.
Exported to—
Straits Settlements
1882.
Yards.
CHRONICLE.
1883.
Yards.
Liverpool.
10,979,200
1.660,400
10,584,600
18,513,300
Grand total
253,972,800
243,722,900
106,437,700
110,862,100
2,517,500
predominating
11,628,900
1,609,800
15,344,700
21,953,300
108,053,600
Total unbleached or bleached
Total printed,dyed,or colored
Total mixed materials, cotton
14,529,500
1,148,300
14,224,100
16,634,000
257.159,600
Ceylon
Australasia
Other countries
3,823,400
2,096,500
3G7,730,700
Other manufactures of cotton show
364,233,900
356,681,500
follows.
as
1882.
162,786
211,049
239,174
80.143
1.284,708
79,753
93.300
108,990
1,148.200
92,402
Tot. value of cotton iu’fs..£
1,389,700
85,980
5,179,308
5,095,479
5,017,282
return
showing the extent of the exports of
British and Irish produce and manufactures, and of
foreign
and colonial wool, to the United Slates
during the month of
a
June, and during the six months ended June 30, compared with
corresponding periods in the previous year :
the
In June.
1882.
1883.
188.005
275,783
-
Alkali
£
doz.
3,9 44
1,579,709
1,694,165
22,262
383,124
1,510
1.893
14,441
3,433,500
64,743
7,804,300
163,543
44,259,100
29,059
35,2»2
42,368
Haberdashery and mil-
22,837
35,366
24,659
269,094
239,623
linery
£
Hardware A:cutlery..£
Iron—Pig
tons.
Bar, Ace
tons.
Railroad
tons.
880
35,168,800
603,906
403,577
212,490
133,773
237,814
12,383
535
6,084
5,590
Hoops, sheets,boiler Ac
armor plates.. .tons.
Tinplates
tus
123,442
34,425
2,776
21,182
2,684
17,710
Cast and wrought.tus
Old for reui ami ft. tons.
14,012
100,462
5,739
'Z
Steel, uuwrought tons
12,453
8,948
3,884
lbs.
718,600
1,759,500
13,185
104,021
3,585
53,559
92,990
4,623,800
goods...yds. G,800,800 11,918,700
42,102,600
Lead—Pig
286
628
tons.
Linen piece
3.070
33,063
22,510
5,361,700
59,598,000
1
goods...jals. 4,119,800
Machinery—Steam
413
•340
3,150,400
47,847,500
7,257
5,203
69,500
75,179
260,051
290,450
429
4,473
10,677
251
13.616
103,745
5,357
2,602
102,586
24,442
5,121
248,247
123,713
3,599
1,773
or printingAi envelopes.cwt.
551
308
Other kinds
cwt.
Salt
tons.
Silk hroadstuffs
yds.
Other articles of silk
only
£
Mixed with other
terials
.
'
5,51-8
4
4,9 40
19,914
ma-
£
15,354
9.753
6,721
135,762
36,454
72,226
7,243
£
.cwt.
3,400
4,188
22.190
755
242
104.100
4,026
2,016,500
2,114,518
11,476,803
2,888,300
Wool—British
lbs.
224,300
Colonial Ac foreign.lbs. 3.015,158
Woolen fabrics
4 44,400
yds.
Worsted fabrics
yds. 2,418,800
Carpets,
not
To
yds.
British
periods
North
Apparel and slops....£
Cotton niece goods.yds.
Earthen w. Ac porcelain. £
America,
'
27,000
the
636,700
470,300
exports, during the
same
In June.
1882.
1883.
12,394
17.335
,
4,500,500
32,003.000
54,373
56,819
62,717
51,376
559,463
20.953
501,897
13,709
114,199
101,92!
18,533
16.536
15,4 65
16,555
6,378
4.7S5
9,865
25,435
tons.
9,621
2,408
34,118
32,329
920
5,705
liar, Ace
Railroad
3,296
1,896
3,936
5,309
470.700
3,091,300
295,513
50,950
194,557
sheets
and
boiler
tons.
Tin plates
tons.
Cast and wrought.I ns
Linen piece goods..yds.
Seed oil
galls.
Salt
tons.
Silk hroadstuffs
yds
1,133
1,065
1,383
492,400
71,665
12.839
19,920
123,600
12,255
11,728
Spirits—British:., galls.
Stationery, other than
15,783
10,919
97,255
3,401,400
552,300
60,400
163,346
103.600
3,400
5,184
550,000
4.1SS
5,358
74 8,000
22,190
30,307
3,193,300
yds. 1,017,6u0
being
21,122
23,716
4.259,400
519,500
4,308,600
3,621,400
54.900
1,033,400
1,117.900
-
£
paper
Sugar—Ref. Atc’ u dy .c w t
Woolen fabrics
Worsted fabrics
Carpets,
yds.
not
yds.
rugs
41
73
47
53
140.000
7*4
75
0
0
0
6
0
0
0
0
0
0
41
73
47
53
$3,349,701
8,093,508
$3,59S,21G
8,139,049.
$9,568,477
$7,397,030
$11,443,209
$11,737,265
Dry goods
$72,020,086
$59,620,760
QenT mer’dise..
178,874,913
$74,430,391
208,971,947
$70,341,903
212,911,134
Total
Since Jan. 1.
Total 29 weeks
In
1882.
$234.931.220i$238,495,673
1883.
190,805,815
$233,402,33s $261,150,723
report of the dry goods trade will be found the imports
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 24, and from January 1 to date:
our
of
EXPORTS FROM NEW
1830.
For the week,
Total 29 weeks
YORK
FOR THE
1831.
$8,683,213
216,152,520
a
Prev. reported..
WEEK.
1882.
$7,103,140
206,245,712
IS S3.
$7,782,292
$7,620,589
173,303,246
138,767,901
$221,835,733 $213,708,852 $180,93 4,835 $190,550,193
The
following table shows the exports and imports of specie
at the port of New York for the week ending July 2L, and
since Jan. 1, 1883, and for the corresponding periods in 1882
and 18S1:
EXPORTS AND IMPORTS OF SPECIE
AT
Exports.
Gold.
,
Week.
$
1
|
104,220
Total 1883
$31,689
Total 1882
Total 1881
l-o
133,093
89,785
2,000
*
2,900.
.
$257,768.
31.341,587
$11,637
24,807
310,800|
31,580
$2S7,000
4,235
6
$
•
31
216,230
2-0.736
934
1,817,389
90,341
177,4^4
2,500
Total 1883
Total 1882
Total 1881...
$293,735
222,009
122,200
3,576
28,33 ’,548
$
43,276
18,236
$4,9 19,345
15,419
$7,203,434
392,974
l;;9,543
|
r
1,497,418
Silver.
Great Britain
France
German /
West In lies
Mexico
South America
All other countries
059.225
7,537
1
29,089
$1,055,779
2,066,007
20.080
v.
Sine? Jan.l.
Week.
$9,300:
-
West Indies
Mexico
South America
4.11 other countries
YORK
Imports.
l.j
Germany
6.955
NEW
(
Since Jan.
Great Britain
France
4,757
7,460
tons.
5
6*2
75
$2,121,400
5,275,630
"
28,557,600
9,696
tons.
Iron—pig
40
73
47
53
1
4
1
5
6*2
0
0
0
0
0
o
0
6,514,628
N
17,422
Hardware Ac cutlery.. £
i
0
8
0
1
4
1
$3,053,849
Dry goods
QenTmer’dise..
In Six Months.
1SS2.
1883.
88,457
96.671
,
5 ,118,800
Haberdashery and millinery
£
Hoops,
275,000
2,406,600 16,468,500
106,900
/
0
0
0
0
0
0
d.
8.
12
8
9
9
9
9
1881.
3.632,000
13,091,094
2,565.600
15,144,000
under:
were as
5
75
40
78
48
53
d.
0
8
8.
12
8
9
1% 9
4
9
1
9
1880.
47,259
being
rugs
8
d.
0
9
0
s.
12
9
8
0
9
1% 9
4
9
1
9
5*2 5
FORETON IMPORTS AT NEW YORK.
For Week.
21.122
2.S64
..
9
d.
0
8.
12
8
8
0
9
0
9
2
9
11
9
4*2 5
0
75
0
40
0
78
6
18
0
53
Fri.
imports of last
compared with those of the preceding week, show
an
increase in both dry goods and general merchandise.
The total imports were $11,737,265, against $9,362,915 the pre¬
ceding week and $9,764,337 two weeks previous. The exports
for the week ended July 24 amounted to $7,782,292, against
$6,039,319 last week and $5,780,753 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) July 19 and for the week ending (for general
merchandise) July 20; also totals since the beginning of first
week in January:
29,050
Spirits — British.. .galls.
Stationery, other than
paper
0
0
2
11
4
0
0
0
6
d.
0
Thurs.
Imports and Exports for the Week.—The
38,496,400
46,271
Paper—Writi?ig
52
s.
12
8
9
9
Wed.
week,
eti-
gines
£
Other descriptions. .£
Tin—Unwrought
new..
d.
0
8
Tuts.
(£0mmcxxial aucl illtsccllaucaus IXe ws
221.309
'
19 o 1
Jute yarn
Jute piece
Cal., No. 1
“
8
Cal., No. 2
“
5
Corn, mix., West, n. “
Pork, West, mesa.. ft bbl. to
Bacon, long clear, new.. 40
Beef, pr. mess, new,$to. 78
Lard, prime West. $ cwt. 43
9
29,341
346,312
17,401
5,427
58,800
63,606
Beer and ale
bbls.
Cotton piece goods. .yds.
Earthen w.& porcelain. £
,—In Six Months.
1882.
1883.
,
cwt.
Apparel and slops
Bags and sacks
s.
Flour (ex. State)..100 lb. 12
8
Wheat, No. 1, wh.
“
9
8pring, No. 2, n.
“
9
Winter, West., n
“
Mon.
1883.
£
£
Thread for sewing
lbs.
Other m’fs, unenumerat’d.£
Annexed is
Sat.
Cheese. Am. finest
1881.
Lace and patent net
Hosiery of all sorts
[VOL. XXXVII.
5,720
3,7 41
307
$7,054,198
13^473.977
$178,776
o^5o8
$2,410,265
1,444,481
15,6 16
21,143
6,183,725
1.696.271
Of the above imports for the week in 1883, $757 were
American gold coin and $1,682 American silver coin.
Of the
exports daring the same time $27,000
were
American gold coin,
and $1,000 American silver coin.
U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sab-Treasury in this city, as well as the
balances in the same, for each day of the past week:
balances.
English Market Reports—Per Cable.
Date.
Receipts.
Payments.
Coin.
The
and
daily closing quotations for securities, &c., at London,
for breadstuffs and provisions at Liverpool, are
reported
by cable
as
July 21..
“
follows for the week ending July 27:
“
23..
24 ]
25 ”
26..
07
.
“
London.
Sat.
Silver, per oz
d.
Mon.
lues.
50516
50*16
50%
Consols for money
99 ha
Consols for account
Fr’ch rentes (in Paris) fr.
U. S. 5s ext’n’d into3*fiS
U. S. 4*28 of 1891
U. 8. 4s of 1907
Chic. Mil. Ac St, Paul
99*8
99*2
99*8
991116
991%,;
....
Erie, common stock
Illinois Central
N. Y. Ontario Ac Wcst’u.
Pennsylvania
Philadelphia & Reading.
JJpw Yn*>ir
i
_
79-00
104 %
115*2
121*2
105*4
36%
1351a
78-90
79-00
104*8
115*8
121*2
104*2
115*3
121%
101*2
106
36%
135*4
35*8
29*3
29*4
134*4
25*4
59*4
28%
113%
110%
lioc,
2578
59*8
25%
60
Wed.
50716
Thurs.
50716
99%
99*8
99%
99%
79 02*2 79 "02 *2
101*2
104*2
115
115*8
121%
121*8
10 ’> *4
105%
36
36
134*2
25%
59*2
135*4
1 1 0
28%
25%
59%
28%
1 io
“
Fri.
50716
99% a
991*16
104*2
115 *8
121%
105*2
36*8
135%
25%
59%
28%
119
<<
Total
*
....
$
636,158 62
1,174,522 73
1,262,055 65
2,261,673 29
2,225,909 34
1,506,332 39
9,066,652 02
Above payments
$
$
712,289 57 110,223,451 85
1,334,648 13 116.253,986 35
793.486 42 110.708 179 01
1,579,997 09 117,379,652 25
2.428.252 23 117,235,195 51
2,019,598 19 116,970,977 68
Currency.
$
7,771,209
7,580.552
7,534,923
7,005,131
7,547.245
20
30
84
83
68
7,293.287 71
*3,893.181 63
include $412,000 gold certificates taken out of casli.
Auction Sales.—The following, seldom or never sold at the
Stock Exchange, were sold at auciion this week by Messrs.
Adrian H. Muller & Son.
Shares.
15
60
25
25
4
New York
Hands.
Gaslight Co....126*4
Rutgers Fire Ins. (ex-div.).121
Exchange Fire Ins. Co
100
Butchers’ Ac Drovers’ Bk..l60
Greenwich Ins. Co
290
$500 Perth Amboy (. itj', N.J.,
7s. due 18:) 1
.101
45,000 Tex. & N. O. RR. (Sab.
Div.) 1st o’s, g., due 1912. 75
3,000 A tell. Ac Pike’s Pk. (C. B.
U. P.), 1st 6s, g., due ’95..100
'll
•Toly 28,
THE
1S83.J
exchange against future shipments of cotton, grain and pro¬
visions, and consequently there will be a proportionately greater
amount of bills to come upon the market later in the season.
JJhe ^Bankers' (sSaxrttc.
_
the week the Bank
and increased its
Bank of
DIVIDENDS.
The folio wing
dividends have recently been
Name of Company.
Per
Cent.
announced:
Railroads.
Cedar Rapids & Mo. River com... $1 50 Aug.
Aug.
Cedar Rapids & Mo. River pref... $3 50
2
Aug.
N. Y. Prov. & Poston (quar.)
Ranks.
5
Aug.
Corn Exchange
3
Aug.
Ctermau-American
4
Aug.
National Bank of the Republic...
3*2
Aug.
New York National Exchange...
Insurance.
7
5
Broadway
Westchester Fire
NEW
YORK,
Books Closed.
When
Payable.
Aug.
Aug.
(Days inclusive.)
1
3
10 Aug.
The European bank reports show that in
of England gained £417,000 of specie
reserve
from 41 7-16 to 44)4 per cent of its liabilities.
The
France lost 300,000 francs in gold and gained 1.100,000 francs in
silver. The Bank of Germany gained 6,720,000 marks of specie.
The following table shows the changes from the
week and a comparison with the two preceding years
averages
1 to Au". 11
:8 to Aug.
6
Loans ana dis.
1
1 July
20 to July 31
Legal tenders.
Market and Financial Situation.—The most
prominent feature in general business in the past week has been
the effect of the telegraphers’ strike in checking business.
Not¬
withstanding the reiterated statement of the Western Union
Company that they were transmitting all the business offered, it
is well known that the uncertainty of the transmission of
telegraphic correspondence has caused a great reduction in
the amount offered, and this indicates a decrease in the class
of business operations which can not be conducted without a
certainty of prompt and trustworthy telegraphic service.
The disposition to diminish trading operations until these Con¬
ditions can be restored is apparent in many lines of business.
The dissatisfaction of both skilled and unskilled labor in
various other lines of industry has also been recently more
pronounced, as is shown by the fact that there are now some
30,000 or 40,000 persons of these classes out of employment
who were at work three or four weeks ago.
The causes which
are producing these effects have been in operation for two or
three years.
Until within the last year there was a continued
increase in the employment of labor, and a continued increase
in the products of industry, which had given the laboring and
operative classes the impression that the demand for their
labor was unlimited.
But now that “ over-production ” has
caused a large decline in the prices of almost all commodities,
it is becoming evident that labor too is suffering from the gen¬
eral depression in business, and though operatives are appar¬
ently oblivious of the fact, it can hardly be expected that
employers will be inclined to increase the remuneration of
their employes while profits remain so small as at present.
These remarks are general in their character, and are not
intended to have any particular bearing upon the strike of the
telegraph operators, it being well known that for many and
obvious reasons the telegraph industry stands on a separate
footing.
encouraging features of the situation are that the
crop prospects are steadily improving.
We also note the sale
at auction this week of about $2,000,000 worth of standard
dry goods at fair prices.
The foregoing statement of the general situation, when
taken in conjunction with one or two large failures, will, to a
great extent, explain the present reserved and somewhat dis¬
trustful attitude of capital, made manifest in the reluctance to
take hold of new enterprises and in the general dulness of the
market for all kinds of securities, and the plethora and stagna¬
tion in the money market. Individuals who have sums of
money coming in to them seem indisposed to invest either in
securities, commodities or in real property. The great majority
are now seeking to loan their capital on some large margin of
collateral security. Thus an unusual proportion of capital is
seeking loans instead of investments, and for a month past
rates of interest in New York have been only about half what
they are in London. On the other hand, the same condition
of things which deters investments diminishes the borrowing
demand. A month or two ago there were a good many large
loans made for six and eight months on collaterals of railway
and other stocks, but lately this demand has disappeared,
and some of the most prominent money brokers say that the
amount of their time loan business to any class of borrowers is
only about (JO per cent of what it has been in this season of
the past few years.
more
1881.
July 22.
toeek.
July 23.
$328,356,100 Deo.$l,483,200 $330,162,700 $349,240,500
Legal reserve.
Reserve held.
Surplus
170.500
56.200
1,121,600
961,500
$81,551,275 Dec.
91,140,600 Inc.
$280,400
791,000
81.491.400
19,185,300
352,658,800
61,251,600
Inc.
Dec.
luo.
18,160.990
322,863,200
21,563,100
$80,715,800
88,814,700
$9,589,325 fnc.$1,071,400
Circulation...
Net deposits.
1S83-5 P. M.
banks.
64.646.700 Dec.
Specie
3
previous
previous
in the
1882.
Differ' nces fr’m
1883.
July 21.
The Money
The
of the New York Clearing House
1
1
FRIDAY. JULY 27,
93
CHRONICLE.
$8,09S,900
15,583,400
326,205.100
26,493.900
.
16,752,000
$88,164,700
98.243.400
$10,078,700
Exchange.—The foreign exchange market has been ex¬
tremely dull. The higher rates for money in London than in
New York have had a tendency to prevent the further reduc¬
tion of rates.
The quotations on Friday were the same as a
Posted rates were 4 84 and 4 875^. Actual rates
follows, viz.: Sixty days, 4 82-J4@4 83; demand, 4 86n4
week ago.
were as
@4 87; cables, 4 87;*4@4
88; commercial bills, 4 81)£@4 82.
Quotations for foreign exchange are as follows,
prices being the posted rates of leading bankers:
Documentary
Demand.
Sixty Days.
July 27.
Prime bankers’ sterling
Prime commercial
the highest
bills on London.
commercial
5 22*2 35 20
3h34®
40 *s
94*8 3 94 5s
Pari8 (francs)
Amsterdam (guilders)
Frankfort or Bremen (reielimarks)
United States Bonds.—The
4 83
®4 81
4 82
@4 82*2
4 81*2 34 92
4 86*2 34
87*«
85*234 86
4 85
®4 851*
5 19«sa>5 1678
4
®
403s
947b3
95*4
40
government bond market* has
decline noted last
The call
issued on
Thursday by the Secretary of the Treasury, and given in full
on page 100, has strengthened the long-date issues.
The closing prices at the N. Y. Board have been as follows:
been firm and higher this week, and the
week in the 4s and 4)<s has been fully recovered.
for the whole of the remaining outstanding 334s,
Interest
July
July
Periods.
21.
23
July
July
24.
25.
Juhy
July
26.
‘27.
*101
*101
*101
*101
*101
5s, continued at 3*2.- Q.-Feb.
112*2 1125s *11258 1125b 1125b
4*28,1891
reg. Q.-Mar.
*112*2 IIL’% *11238' 1125b *112*2
4*28,1891
coup. Q.-Mar.
*1)8---h 118% *L195b *118\
4s, 1907
rog. Q.-Jan. *1187g
1185b 1 185b 1185b *118%
4s, 1907
coup. Q.-Jan. 118^ 103
*1027b 103% 103
'103
3s, option U. 3
reg. Q.-Feb.
*127*2 *127*2 *127*2 *127*2 *127*2
6s, cur’cy, 1895..reg. .1. & J.
*129
*129
*129
*129
*129
6s, our’ey, 3896..reg. J. A J. *131
*131
*131 ' *131
13 L
6s,our’oy, 1897..reg. J. A J.
*132
*132
*132
*132
J. A J. *132
6e, cur’cy, 1898..rog.
*133
*133
*133
*133
*133
6s,our’cv. 1899..ree. J. A .1.
This is the price bid at the moruing board; no sale was made.
*
*112%
*112%
119
119
*103
-127*a
*129
*131
*132
*133
*
of the
State and Railroad Bonds.—The extreme dulness
market for railroad bonds reflects the general conditions as
stated in our remarks above. The business has been very
small and the few sales made have been at
generally lower
prices. The best class of high-priced railroad securities have
been pretty well sustained, but all the speculative bonds and
new, unfinished and projected roads show lower
prices. The most prominent declines have been as follows,
viz.: Rochester &
Pittsburg incomes, Evansville incomes
Central terminal trust 6s have each de¬
and the Ohio
clined 5 per cent;
Wabash . (Chicago Division) 5s, 1)4
per cent; Lexington & Big Sandy 6s, 1)4 per cent; Denver
& Rio Grande consols,
Rome Watertown & Ogdensburg
5s, )4 per cent, and many other securities a fraction.
Almost the only railroad bonds that show an advance are the
Richmond & Danville debentures, 2)4 per cent, and East Ten¬
nessee incomes, l)o.
State bonds have been extremely dull, and with no import¬
ant changes except in the)Arkansas issues to the Little Rock
& Fort Smith RR., which have sold at 51.
Railroad and Miscellaneous Stocks.—The re-action from
In the meantime an unusally large amount of money
the extreme depression in the stock market which was noted
is being daily offered on the Stock Exchange for
last week as beginning on Thursday, the 19th, has been fol¬
loans at 2 per cent on stock collaterals, while the rates for
lowed by a firmer, though a very dull, market in the week to
mercantile discounts remain firm at 4)£ and 5)£ per cent
Friday night the 27th. The daily fluctuations have been
for 60 day and four months first-class double-name paper, and
slight compared to those of the previous week, and the net
5 and 6 for the same for single-name paper, more than the
result has been a gradual gain, which for the week shows an
usual discrimination also lieing exercised in the granting of
bank accommodations.
Time loans, on collaterals, however, average advance on the active stocks ranging from J4 to 2)4
over the prices
experienced a decided weakening effect from the call of the per cent payers Chicago of Friday the 20th. Among the
dividend
& Alton has advanced 2)4 per
Secretary of the Treasury for the redemption of about $32,- cent; Northwestern
preferred, 2 per cent, and Omaha
000,000 of the extended 5s, now drawing 3)4 per cent, and
1)<
On the other
on
which interest will cease November 1st.
This will preferred, centper cent.and Oregon & hand, Canada Southern
is 1)4 per
lower
Trans-Continental 1 per
release a large amount of money from the Treasury in the
cent lower. Among the non-dividend payers the most promi¬
autumn, and the result is that 90 day money on stock collater¬ nent
changes have been a decline of 2}£ in Denver, 2 in Wabash'
als can now be had at
per cent per annum, and for 6
preferred, 1)4 in Norfolk & Western preferred. >
months at 5 and 5)£.
Pacific preferred, however, is 2% higher.
Richmond &
As regards the prospect for stringency in the money market
Danville appears to have been the subject of a struggle between
in October there are two features of the present which will
two
of
increase the
tend to prevent it.
The first is the call of the Secretary of the stockparties, one and which proposes to is opposed to capital
$2,000,000,
the other of which
the in¬
Treasury for a further amount of United States bonds for crease. The latter party is said to have obtained the control.
redemption. Another is the fact that, owing to the lower rates The price has fluctuated between 63 and 72, and shows an
of interest in New York than in London, there has been less
advance for the week of 4;{4 per cent at 68.
than the usual amount of “ forward drawing ’’ of sterling
those of
cail
Northern
a
94
THE CHRONICLE.
[VOL XXXVII.
NEIV YORK STOCK EXCHANGE PRICES FOR WEEK ENDING
JULY 2V, AND SINCE JAN.
1, 18SS.
DAILY
HIGHEST
AND
LOWEST
STOCKS.
Saturday,
July 21
RAILROADS.
Atchison Topeka <fc .Santa Fe.
Boston & N. Y. Air-L., pref...
Burl. Cedar Itap. & Northern.
Canadian Pacific
Canada Southern
Central of New Jersey
Central Pacific
Chesapeake & Ohio
pref
pref
Do
583a
58 V
57*4 I1
55 V
86 V
V
72*8*' 71V
1734 i *17
29*2 *28
56 V
86V
717a
17^4
Chicago* Northwestern
Do
140
122
*13
Chicago Rock Island & Pacific
Chicago St. Louis & Pittsnurg
Do
pref.
Chicago St. Paul Minn. & Dm.
Do
Do
Do
if’
&V!
17*2
*05
132
.
28 V
78V
50 V
Louisville A Nashville
Louisville New Albany & Chic
Manhattan Elevated
78
49 V
!
*05
*
*.
70
28
|
i'24V
pref.
78
.
26
26 7 <
78
50 *(
49*8
49
*45
*83V
47
25
*45
47
*23V
25
89
*89
86
90
88V I
86 34
87 V
8 V
23
1
23
27 V
99
28 V
101V
122 V 123
21V
.
*95
......
..
New York New Haven A Hart.
New York Ontario * Western.
24 V
*6 V
19
Susq. & Western...
Do
pref.
Norfolk & Western, pref
Northern Pacific
Do
pref
Ohio Central
r.
Ohio A Mississippi
Do
pref
Ohio Southern
10V
......
35 V
7
*14
|
28
*52
114 V
22
23 V
*95
108
*85 V 86 V
34 V 35 V
I 176
176
2478 ! 24 V 24V
*6
7
*18
19
39
39 V
39 V
*39V
48V
85 V
8*4
40
48 V
8634
834
47a4
4834i
86
8
87
32*8
3234
77 V
76
1734
78
18 V
56 V
57V
56
63
70 V
69 V
3134
17V
34 V
17V
3134
I
8V
47 V
85 V
8*4
*32
4.8V
87
8V
32 »4
7
Oregon & Trans-Continental.^
Peoria Decatur* Evansville..
Philadelphia & Reading.
Pittsburg Ft. Wayne * Chic..
17V
75V
77V
17 V
55 V
17 V
56 V
08 V
32
45
*70
*90
*29
52
*94
*35
92 V
Do
pref.
Do
1st pref.
8tu Paul A Duluth
Do
pref
St. Paul Mmneap. A Manitoba
South Carolina
Texas* Pacific
Texas & St. Louis in Texas
Do
in Mo. and Ark.
107
34 V
Union Pacific
Wabash St. Louis A Pacific...
Do
93 V
26 V
31
52
96 V
38
93 V
108
*29
in
*52
53
*93 V 96*4
*35
38
*93
95
104 *8 107 V
33 V
34 V
2634
41V
92 V
25
39
28
27
27
109
109
120
91
94
140
37
Do
pref.
Standard Consol. Mining
Western Union Telegraph
Adams
134
88 V
*60
Wells, Fargo A Co
COAL AND MINING.
121
Consolidation Coal
Hoinestake Mining Co
Little
26V
41V
134
89
63
123
31V
17 V
*68
*91
*29
*52
*93
*35
*93
!
!
140
38
17 V
73
95
24 V
*(>
*18
39 V
48 V
37
8 V
32 V
24 V
7
124 V 125 S,
37*2 38 V
8 *2
8 *2
*45
54
95
38
94
33
33 V
*45
25
*89
87*4
90
88
43*4
90
43*4
88*2
24
*49
28 V
24
53
28 V
100*4 101
*13
15
! *122V125
124
*52
115 V 116 V
*10V 10 V
93
39 V
67 V
*53
10V
10V
*95
108
*86
86 V
34 V 35*4
108
19
24V
*6*»
*18
39V
39
49 V
49 V
88
*8 V
32 V
88*4
8V
32 V
24V
24 V
*6 V
*18
38
7
19
39
24 V
7
8V
8*4
*32V
|
1
77V
76V
18
56 V
17 V
55 V
8
38
6V
80 V
.
77V
76 V
77V
18
17 V
17 V
66V
56
56*4
69
32
72
32
68
71
31
31
17V
17V
72
17 V
18
*121
63
123
'68
*91
*29
93
31
*50V
*91V
*29
95
*92
*7
*35
6V
34 V
34
34 V
20 V
93 V
25 V
39 V
S3V
25 V
38 V
94 V:
26V
39 V
93 V
25*4
38j4
25 V
67 V
67 V
79V
6V
80V
*60
*121
I
130
37 V
13(1
*7
*35
6V
79 V
134
63
8
38
6V
80 V
134
90
63
123
90
*60
123
93
V1
*121
*125
130
*125
37 V 37 V
37 V
111
131
*130 V
*7
8
*35
38
6V
80
80 V
80
*133
135
*88
*60
121
63
121
90
Q33
89*8
*60
*121
46V
97V
Apr. 13 200
June 28 82*2
__
Apr.
5
44*2 May
2
15
38
6V
80 V
136
89 V
63
110
196
208
5
61
Apr.
123
July 19
29 V
8V
Apr. 14
7
75 V
21
Feb. 16
39
J une 2
23
Apr. 4
85
June 19
May 14 103
Apr. 11
Feb. 28 36*4 May 31
100
Fob. 23 69 V J uue 2
Feb. 28 100 V Jan. 11
July 12 40 V Jau. 91
226
Feb. 20 9734 Juuel6i
40,635 tl0334 l uly24 169 V Apr. 16j
22 V Mar. 15 27 V Apr. 51
37‘oYo 32 V July 19 43 Jau. 18!
18
May 8 27 V June 14!
100
20V July 25 24 V June 29|
91 *4 Feb.
41,179
7 104V Jan. 18!
8.700
24 V July 19 36 V Jan. 18
16 V July 19
Jan.
3
the
92*2
30
49*2
23*2
45
120 V
49*2 65
46 *2! 100 V
57
78
40
60 V
82
98 V
40
56
15
37
42 V 82 V
77
93
77
105
13
21
98
""
l
19
59
77
26V
42 V
58*4
4k
36V
86 V 112V
12
35 V
II934 128
47
87 V
123 V 138
10V
27
100
1734
37 V
109 V
33*4
67
45
4334
88*4
60 V
168
186
20 V 31V
44*4
28 V
66 34
11V
60
54 V
100V
25V
27
42
90 34 112
11
23 V
60
98 34
23
3934
46V 67 V
130
139
13
40
52
250
23
263
17V 36V
20 V 60
55
94 V
31
46 V
43
66 V
7934 106 V
26
42 34
68 I 99 *4
108 V-166V
22
33
34
15
65
31
98*4 11934
39 V
23 V
57 V Jan. 18
45 V
71V
525
64 V Feb. 26
200
26V July 19
215 105 V Feb. 13
100
17 V Mar. 27
12
55
Mar. 13
300
78
May 26
7 >9 132
Fefi. 20
35
3,310
July 16
300 117
Feb. 23
7 V June 14
37 V Jau. 26
5 V Feb. 17
1,400
69 V J****e 15
39 V Apr. 16
112 V Apr. 14
25
Jan. 17
65
25
102 V
19 V
37
74
53 V
40
276
125
July 20
91V Mar.
150
June 14
44 V Apr.
y
134
June 13
9 V Mar. 3
46 V Mar. 6
7*4 July 7
88*4 June 14
7734 July 19
30*4
55
32 V 48 34
117
145
8
14 V
40
62 V
4 V 1934
76 V 93 V
133
5 135 ei
>
90
94*4June 9
62
55VMayl7' 65V Jan. 6
30 120V July 18 128
June21 125
89
II934
128*’ 163V
126 V May
Mar. 16!
*23
*21
*23
-23
24
15
May 18
Mar.
6
16
Apr. 13
12 V Mar. 27
18
40 270
14
27 V Jan. 19
19
Jau. 19
17
Jan. 15
14
Jan.
4
35 V Jan.
8
28034 July 21
*4 Mar. 26
280 34 280 V
Feb. 10
Feb. 2
Feb. 27
V Jan. 12
"
18
Jau.
149 V
97V
80*4
132
3
27 V
36 V
15V
1934
1V
IV
2V
V
IV
i1*
’
prices bid and asked;
2*4
13
26
13 V 23
33
40
240
245
18
37 V
6 34
2V
4
4
2
1*»
<>
are
111*4
38 V July 24
....
These
16
127 V 150*2
Jan. 18
Feb. 10
30 V June 30
55
Jau. 8
6*2 May 18
May 10
18
Juno 2 21V May 10
37*2 Feb. 26 49V Jan. 201
44 V Feb. 20 53 *a June 14
79 V Feb. 20 90 V June 14
7*2 July 19 14*4 Apr. 13
29
Feti. 141 36 V Apr. 13
96
Feb. 16 112 V June 13
48
87
29 V
48
89
34 V
91
58,407
I
23 V
26*2
6
45
72
90
53
Feb. 21
16
15*2
Jau. 17
May 5
Jan. 29
“
c
*
8
Apr. 14
lOVApr. 12
6
3
140
116*4 150*4
38*4 74 V
.
Pittsburg Mining
Mariposa Land and Mining..
Maryland Coal
NewCoutral Coal
Ontario Silver Mining
Pennsylvania Coal
Cameron Coal
Central Arizona Mining
Deadwood Mining
Excelsior Mining
Robinson Mining
Silver Cliff Mining
Stormont Miuing
133
11*4 Apr. 13
23
9
July24i 1434 Apr. 24
July 19| 89 Jan. 19
16VMay22l 28 Jau. 18
41,820 49V Feb. 20 61*8Junel5
130
May 31 138 Jan. 16
5
J une27
15 V Apr. 16
15,510 47 Jan. 13 72
f ulv 33
42,060
Ti
108V 108 V19 "
19 ‘
37 V
8
38
*93
107
95
38
95
107 V
*35
94 V 94 V
106
108
100
6,800
52
......
3,159
2,600
3,720
31
*50V
92,348
61.410
3.000
*4'
'
52
19
133 V 133 V *133
135
88 V 88 V
88 V f-8 V
*60
32 V
17 V
7,675
‘
8 V
33
33 V
130
29 V
58*4
97*2 117
65*2 92 34
„
2,300
33,000
87 V
33*4
V 108 V
90
90
136
140
36 V 37
Feb.
Mar.
Jan.
36
Feb. 19
76
May 17 93 June21
14,290 85*2 July 19 100*8 Jau. 19
10
June 11
18
Jan. 4
100
42
Mar. 5 48*2 Jan. 20
800
22V Feb. 20 30V Jau. 18
300 50 July 17 68*2 Jan. 18
12,225 26 V July 19 34 V Jan. 18
27,850
9734 Feb. 26 106 V Apr. 9
13*2 July 16 19 *2 Jan. 5
461 :i20
Feb. 15 129*4 June 11
I 50*2 May 17 64 V Jan. 22
104,308 ,113V July 19 129*8 Mar. 10
550
10
Feb. 2
15 *2 Jan.
5
500
21*2 July 23 35
Jan. 4
101
Jan. 13 105
Feb. 16
"132 85 *2 Mar. 1 89*2 Mar. 5
25,724
33 V May 18 40 V Jan. IB
75
Feb. 19 83
Jau.
5
*200 29V July 25 52 *4 Jau. 9
10 169
Jau. 16 183
May 28
’Too
38V
48V 49 V
88V
49 V
88V
175
140*4
,
19
33 V
*125
130
122
13
------
T
*95
108
*85 V 86 V
35
35 V
67 V'
25 V
7 V July 14
5
38
72
194
67
200
115 V 116 V
96*2'128*4
9 114*2 144*4
13 124
150V
J uly 10
14V Feb. 20
81 *2
124
13 120*2' 141
20
Feb. 21 127*4 Jan.
5
22
Apr. 21
July 14 57V May 10
July 19 55
Jau. 18
101*2.1 uly 19,113*4 Jan. 5
07*4 May 17, 84
Jan.
5
,129*2June 21142 Jan. 20
118*8 Feb. 10 131 *2 Apr. 13
36 V J uly 25 51 *2 May
450
28*4 28 V
100*4 100 V
*12V 15
20 V
93
24 V
38 V
38V
118
13 V
50
42 V
22
22
1,059 U29Vrulvl9;148 June 14
664
77
Feb* 17 81 Jan. 22
‘
300 25 May 17 35*2 Apr, 9
1,120 25V July 16 33*4 Jan. 18
42,605 105 V July 19 114 V Jan. 18
1,110
(jo
Jau.
2 86V June30
44,820
47 V May 21 58 *2 Jan. 20
39V June20 68 Jan. 5
40
Mar. 21 53 V Feb. 9
47
25
33 V
92 V
25
l.jO
5
20
20
vlm
2,300
86
i
*31V
17*8
61,
47
*83V
47
86
47
25
71
69
158,377
June 15
J an.
o
;
*29
3i
*51
53
*91 V 93
*35
37
*93
95
104 V LOu V
31
1.230
1,700
27
27
107 V 107 V
78V 78V
49 V 50V
497,
1
10334 105 V
*18V
*125
37 V 37V
131
131
*7
8 V1
*7
*35
38
*35
6 V
6V
634'
80*4 80 V
79 V
EXPRESS.
93 V
120
91
Oregon Railway A Nav.Co
Quicksilver Mining
34 34
28
MISCELLANEOUS.
Pacific Mail
Pullman Palace Car
17 V
74
94
41*4
nref.
American Tel. A Cable Co
Colorado Coal A Iron
Delaware* Hudson Canal....
Mutual Union Telegraph
New York A Texas Land Co..
Oregon Improvement Co
72
34 V
17 V
4,055
104
70
Allegh.,sfck trust ctfs.
Richmond & Danville
Richmond A West Point
Rochester A Pittsburg
St. Louis Alton & Terre Haute
Do
pref.
St. Louis A San Francisco
100
25
45*2
104
70
29 V
76 V
*17 V
65 V
1 205
-
89
88
‘
29 V
7
66
77 V
18
56 V
67*o
*21
108
86
1,010
1^2*2 122*.
132V 132 V
78
48 V
87V
44
25
52
H5V 115 V 116 V
lOV
10*4 10*4
j 34 V 35
39 V
*76
*89
123
*53
17,700
800
28
*23V
i
123
125
7V
*45
27 V 28*4
99 V100V
15
*95
86
29 V
19
27 V 28 *4
99
100V
21V
29 V
24 V
24
52
10V
22
108
34 34
25
87
60,261
17 V
*45
90
87 *
*42 V
*22
*49
j
ii5v iiev 1
*10V
*22
*49
'
i
......
Morris* Essex
*121V
Nashville Chattanooga * St.L.
New York Central & Hudson. 116*8 H6V
New York Chic. & St. Louis..
10v 10v
Do
23 V
pref. *22
New York Elevated.
*95
108
New Y'ork Lack. & Western
*84
86 V
New York Lake Erie & West.
35 V 3534
Do
pref.
New York* New England....
87*4
3,454
103 V 103*2
118
119
128
128*4
8V
17 V
7V
*83V
......
I
•
50
47
86
47
*89
150
420
135
84-V June 14
84V May 3
84
July oj
23 V Jan.
27*2 July 17 35*2 Jan.
19
27
Jan.
July 10
130
Feb. 20T37*4Jau.
1 1534 Feb.
20|l29V Apr.
97 V Feb. 20 103*2 Jau.
116V Feb. 7 122 Jan.
125V July 19 140*8 Apr.
143
Feb. 20 157
Apr.
Apr
120
20*2 ,20*2
125*4
38 V
8
08*4 Jan.
70 V i uly 19
10
July 11
9,380
123*2 123 V
Mar. 28
Mar. 2s j
54*4 July 191
65*2 May
53*2 .1 uly 19 71V Jan. 19
30
134
*65
70
132 V 132 V
.1
*10
*45
*83 V
*45
86
89
25
51
28 V
10034 101 v
*28
24,172
27,200
------
3034
49^ i1
48 V
I
47
*45
25
23 34
50 V
28 V
Mobile & Ohio
78
47
86
*
pref.
71V
*'17
Highest.
78*2 Feb. 17
78
80
25,407
93
70
132 V
.
59*2
55*4'
87*4!
71*2
17 a4
87
17341
30*2
2134i
40
93
-
*65
132
1
26
*45
*83V
90
*11
.
Missouri Kansas <fc Texas
Missouri Pacific
Rich.*
*8
26
47
86
47
25 V
87V
Do
8
.j *26V
*89
Metropolitan Elevated
Michigan Central
Minneapolis <fe St. Louis.
71V
*17
*28
123 V 124 V
36 34 38
8
8 V
*16 V 17 V
7V
7 V
38 V
8V
17*2
70
*45
25 V
common
Do
834i
*05
5034
*83V
Milwaukee L. Sh. <fc Western
124 V
37
131*2 131*2 *131*4 131*2
131V
7^V
*45
1st pref
Manhattan Beach Co
Memphis <&; Charleston
New York
84
17
28*4ij
26*5I1
26*8
87
107V 108V 107*8l08V' 106 V 1073)3 107 V 107 V 107 V 108
Long Island
Do
Do
123V 124 34'
38 4 40*4;
40
93
70
55 V
87 V
72 V
Lowest.
200
250
270
82
59*4
54*2
59 V
54*4
17 V
30
*28
7V
132*4
59
.
9
42
95
pref
Harlem
Houston <fe Texas Central
Illinois Central
Do
leased lino....
Indiana Bloom’n <fc Western
Lake Erie & Western
Lake Shore
*21
40*2
*8
*28
71V
*17
.
|
40
pref.
18
30
22
59
55 V
87 V
71V
V
71V
70 V
*17
1734
58 34
55
86 V
55 V
,
1243s 124 V
Green Bay Winona & St. Paul
Hannibal & St. Joseph
(Shares).
81
22
*20
*20*4
134 V 134 V
• v.
122 V 123*4 122 V 1 23 V 123
123 V 1234124
'
102
103*4’ 10134 102 4 102*4 103
103
103V
'118
119 I 119*4 119*4 *il8*4 119
1071. I tiO
TO-;
1.10
i:27V 128*2 12034 127*2 ! 127*4 128
123
12878
145
145
14434 145*4! 145*2 140
147 *2 147 *2’
121*2 122*2 121V 121*2 •121 *2 122 *2 122
122*2'
*14
15*2
14*4 14*4' * 14
15 *2 *14*2 15*21
*49
50
*48*2 49 4' *48 • 49*2 *48
49*2
43*2 44
43*8 44V 43*4 44*2
44*2 45
102 V 102 341 103*4 104
10234 103
103
103
70 4 70*2
09*2 09 *21 09a4 0934
72
72
14*2!
50*4 50*4'
44
4434'
103*4 103*41
70*2 70341
pref.
Cleveland Col. Cinn. & Inu
Cleveland & Pittsburg, guar..
Delaware Lackawanna tfc \Vest.
Denver & Rio G raude
East Tennessee Va. & Ga
72 V
59
86
*20
147
122
58 V
53 V
86
87V
'
118*2 118*2
127 V 120*2
pref.
Friday,
July 27.
For Full
Year 1882.
Rauge Since Jan. 1, 1883.
Sales of
the Week
82
59 V
56 V
87
..
pref.
PRICES.
Wednesday, Thursday,
July 25.
July 20.
J uly 24.
81
1
1st
2d.
Tuesday,
82
80
83
59 V
83
*28
*20 V 22
rl 33 V 134
& Alton
Burlington A' Quincy. 123*2 123*2
Milwaukee & St. Paul 102 7g 103*2
Do
Do
Chioago
Chicago
Chicago
82
80
Monday,
July 23.
m>
salo
was male at the Biard.
$ Ex-privilege.
$ Ex-dividend of 17 per cent in cash.
234
IV
July
THE CHRONICLE
28, 1883. J
95
QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
Bid.
SECURITIES.
AlabamaClass A, 3 to 5,1906
Class A, 3 to 5, small...
Class B, 5s, 1006
Class C, 4s, 1906
Ask.
80
Ask.
99
N. Carolina—ContinuedNo Carolina RR.,J.AJt
Do
A.AO
t!
Do 7 coup’s off, J.AJ.i
Do 7 coup’s off, A.AO.!
7s, 1890
Missouri—
6s, due 1883..
6sr due 1886
6s| due 1887
6a, due 1888
Arkansas—
6s, funded, 1899-1900..
7s, L. Rock A Ft. S. iss.
7s, Memp.A_L.Rock RRi
7s, L. K.P.K A N.O. RRi
7s, Miss. O. A R. R.RH.1
7s, Arkansas Cenr. RR.i
Connecticut—6s, 1883-4..!
Georgia—6s, 1886
|
:
7s, new, 1886
7s, endorsed, 1886
7s, gold, 1890
1
124
17^
53
52
43
70
70
55
55
21
43
15
6a. due 1839
100
106
107
108
110
114
1890
Funding act, 1866-1900i
Do
New
Do
New York—
gold,
gold,
loan,
loan,
| 6s, loan, 1863
N. Carolina—6a, old, J. A J.
G434
Railroad Bonds.
(Stock Exchange Prices.)
Ala.Central—1st, 6s, 1918
i
\.
1254 128
S.Fe—44,1920)
Sinking fund, 6s, 1911.1
4
4
2d, 7 s, 188’5
I 104*3
l8t,cons.,guar.7fl,1906i''123,3
24
30
30
30
40
39
39
43*s
6s, consol, bonds
6s, ex-matured coupon.
6s, consol., 2d scries
6s, deferred
6
4
4
4
6
6
6
4
101*
District of Columbia—
78
3-65s, 1924
Small bonds
Registered
Funding 5s, 1899
Do
Do
small
registered...
BONDS.
Rome W.AOg.— lst,7s,’91
Con. 1st, ex. 5s. 1922...
Roch.A Pitt.—lst.Gs, 1921
101**3! Rich. A Al.—1st, 7s, 1920
Uich.A Dauv.—Cons.g.,6s
1194
’114
Debenture 6s, 1927
94 4
!| Iowa Ext.-1st,7s, 1909
V
Ask.
Virginia—6s, old
6s, new, 1866
6s, new, 1867
3*2
|
Mich. Cent.—Continued—
Jack.Lan.A Sag.—6s.’91
Mil. A No.—1st, 6s. 1910.
Mil. L.S. AW.—1st,6s,1921
Minn. ASt.L.—lst,7s, 1927
! 118 V
Susq.—1st, ?s... *108
Alb. A
....
C’mp’mise,3-4-5-68,1912
Os, coupon, 1893-99
;
Reg.. 7s, 1894
Atch.T.A.
...
Rhode Island-
41
i
1st, Pa. Div.,cp.,7s, 1917!
Alleg’v Cen.—1st, 6s, 1922
12
12
10
10
15
15
6s, 1886
33
32
!
1st, ext., 7s, 1891
Coup., 7s, 1894
135
Small
Ohio—
RAILROAD
Del. A H.—Continued—
6s, Act Mar. 23, 1869 \
non-fundable, 1888.)
Brown consol’n6s, 1893
Tennessee—6s, old, 1892-8
6s, new, 1892-8-1900
6s, new series, 1914
135
Consol. 4s, 1910
30
Bid.
SECURITIES.
South Carolina—
class 2
!
to W. N. 0. RR. j
Western RR...!
Wil.C.ARu.R.
W’n. ATarR.
Do
Do
Do
Do
Do
109
’87
do
I
Ask.
160
160
Special,tax,class 1, ’98-9:
re"., 1887
poiin., 1887.
1891
1892
6m,
6s,
6s,
6s,
1868-1898'
bonds, J.AJ., ’92-8|
Do
A.AO
Chatham RR
AsjTm or Univ.. due’92
Tl7
Funding, 1894-95
Hannibal A St. Jo., ’86. 109
Louisiana—
'
or
Bid.
SECURITIES.
Louisiana—Continued—
Ex-matured coupon
Miclutran—
84
6s, 10-208,1900
7s, oonsol., 1914
7s, small
Bid.
SECURITIES.
BONUS.
110
698s
1084
704
954
654
71
97
67
2d, 7s, 1891
Atl.ACh.—1st, n., 7a.,’97
S’thw.Ext.—1st,7s,1910 11041104
Incomes, 1900
1st cons., 6s, 1906
Balt. A O.-l8t,0s,Prk.Br.i
101411014 SciotoVal.—1st, cons., 7s. *
!
Pac. Ext.—1st, 6s, 1921
1
914
4*6'
*135
St. L. A Iron Mt.—1st, 7s 115
81 | 82
Rens. A Sar.—1st, coup.
Bost. Hartf. A E.—1st, 7a;
Mo.K.AT.—Gen.,6s, 1920|
*135
Guaranteed
! <>0
1084 110
2d, 7s, 1897
*1064 107*“
1st, reg., 1921
! Cons. 7s, 1904-5-6
110
101V Denv.A RioGr.—lst.1900 108
56
! 60
Cons. 2d, income, 1911.
Arkansas Br.—1st, 7s... 1064 107
Bur.C.Rap. A No.—1st,5s1 —
88
894 ! H. A Cent. Mo.—1st,’90 106*3!
1st consol., 78,1910
Cairo A Fulton—1st ,7s
Minn.ASt.L.—lst,7s,gu!
1064 107
96
97 j!Mobile A Ohio.—New. 6s. 106
Den v.So. P. A Pac.—1 st,7s.
Cairo Ark. A T.—1st, 7s 106
10634
IowaC. AWest.—1st,7s1 ---•
1064
76
Den. A RioG. West.-l st,6s
Gen. r’yA 1. gr., 5s, 1931
76s4;i Collat. Trust, 6s, 1892..
754 “64
C.Rap.IaiF.&N.—lst,6s: 10»
St. L. Alton A T. H.—1st.
Det.Mac. A Marq.—1st,6s
I!Morgan’s La.AT.—1st, 6s
100
117
113
Land grant, 34a, S. A.. i— ;:Nasli.Chat.ASt.L.—1st,7s
Buf. N.Y. A Phll.-l8t.6s! ....
2d, pref., 7s, 1894
107 H* E.T.Va.A G.—lst.7s.1900 117
102
100
1174!: 2d, 68,1901
105
Central Iowa—lst.7s,’99' 106
2d, income, 7a, 1894
81
72 V 75 | N. Y. Central—6s. 1887.. 10514 1054
Bellev.AS. Ill.—1st, 8s 115
East. Div.—1st, 6s,1912i
80
1st, cons., 5s. 1930
*92 V
1074
104 a4
!
Deh. certs, extd. 5s
Divisional 6s, 1930
Char. Col. A Aug.-lst,7s *106
St.P.Minn.AMau.—1st,7s 1074
112
i'28*
N.Y.C. A H.—1st, cp.,7s
106
Eliz.C. A N.—9.f.,deb.c.6s
2d, 6s, 1909
Ches. A Ohio—P ur. m’v fd.' 111
110
1274
Dakota Ext.—6s, 1910.. 1084
1st. reg., 1903
1st, 6s, 1920
Os, gold, series A, 1908.
92
94
101
1st consol. 6s, 1933
Eliz. Lex. A Big S.—6s...
Huds. R.—7s, 2d,s.f.,’85 104-3
6s, gold, series B, 1908.
49
49
Can. So.—lst,int.g’ar.5s
Min’s Un.—lst,6a,1922.
95*3 96
Erie—1st, extended, 7s... 122
6s, currency, 1918
100
St. P. A Dul.—1st,5s,1931
Harlem—1st, 7s, coup.. 128
2d, extended, 5s, 1919.. 107 3g
Mortgage 6s, 1911
120
no 4 So. Car. Rv.—1st, 6a, 1920 102
N. Y. Elev’d—lst,7s,1906 116
4th, extended, 5s, 1920. *1084
Chicago A Alton—1st, 7s.
108*3 110
2d, 6a, 1931
N.Y.Pa.AO.—Pr.rn.6s,’9o
5th, 7s, 1888
Sinking fund, 6s, 1903. 115
127
128
49
:118
N.Y.C. AN.—Gen.,6s,1910
1st cons., gold, 7s, 1920.
La. AMo. Rlv.—1st, 7a.i
Tex.Cen.—1st,s.f.,7s,1909 107
49
107
1st mort., 7s, 1911
Trust Co., receipts
lvtcons., fd. coup., 7s..
2d, 7s, 1900....
I
Tol. Del. A Bur.—Main,6s *40
N.Y. A New Eng.—1st, 7s
St. L. J ack. A Chic.—1st1 1174----,Reorg., 1st lien, 6s,1908
118
1st, Dayt. I)iv., 6s, 1910
1st, 6s, 1905
Long Dock b’ds. 7s, ’93.) 117
1st, guar. (564), 7s,’94;
.r.
BuflVN. Y. AE.-lst.1916i 129
2d (360), 7s. 1898
1st, Ter’l trust. 6a, 1910
N.Y.C.ASt.L.-lst,68,1921 100»3 loi
1
89 34 90*3 Va. Mid.—M. inc.,6s, 1927
52
95*a 96
58
2d, 6m, ly23
N.Y.L.E.AW.-New2d 6,1
2d, guar. (188),7a,’98.
75
76
Wal). St.L. A P.-Gen’l,6a
72
N.Y.W.Sh.A
Buf. AS. W.—M. 6s, 1908
Miss.K.Br’ge—lst,s.f.6a!
125
96** 97* N.Y. Susq. A Buff.—Cp.5s 80*3 81*3 Chic. Div.—5s, 1910
Ev. A T. H.—1st, cons., 6s
78
**77*4
C.B.AQ.—Consol. 7s,1903l
VV.—1st, 6s
j
70
Hay. Div.—6s, 1910
87
Mt.Vern.—lst,,6s. 1923! ---Debenture, 6s, 1897....
5s, sinking fund. 1901..!
95
Fl’t AP.M’rq.—M.6a,1920|*109
Midland of N.J.—1st,6s
Tol.P.AW.—lst,7s, 1917 i054 106
5s, debentures, 1913 ...I *93 | 95
Iowa Div.—6s, 1921
N.Y.N.H.A H.-l st,rg.,4s 103 >3'105
la. Div.—S. F., 5s, 1919 1014
Gal.Har.A9.Ant.—1st,6s N)54
854
86 4 i
Nevada Cent.—1st, 6s
S. F., 4s, 1919
2d. 78,1905
Ind’polis I)iv.—6s, 1921
N. Pac.—G. 1. g., lst.cp.6s
Detroit Div.—6s, 1921..
Mex. A Pac.—1st, 5s... —
Denver Div.—4s, 1922..
Cairo Div.—5s, 1931
*77
104*3 105
Plain 4s, 1921
2d, 6s, 1931
1 ---Registered, 6s, 1921
! 123 4
N.O. Pac.—1st, 6s, g.,1920
Gr’n Bay W.A8.P.—lat.Gs!
91
i 85
C. R. I. A P.-6s, cp.,1917
Wabaali—M., vs, 1909..
10914 110
i*l234
1 Gulf Col. A S.Fe—7s, 1909
Norf. A W.—G’l, 6s, 1931. MOO3*1...^
Tol. AW.—1st,ext.,7s i'084
6s, reg., 1917
100
98
New Riv’r— 1st,6s, 1932
101
! Han. A St.Jos.—8s, conv.. 106V1074
Keo. a Des M.—1st, 5s. ! loo 1104
1st, St. L. Div., 7s, ’89 100
110 illl
Ohio A Miss.—Consol, s. f. 1153|
984 99
Consol. 6s, 1911
2d, ext., 7s, 1893
Central of N. J.—1st, ’90. 1 117
103
i 13
iio*
1134 Hous.AT.C.—lst,M.L.,7s
Consolidated 7s, 1898
1st consol, assented, ’99
Equip, b’ds, 7s, 1883..
2d consolidated 7s, 1911 i2i'
Consol, conv., 7s, 1907 **90** *9*8**
1st, West. Div., 7s
,*10434 10d4
Conv., assented,7s,1902 114
! 104
112
120
Gt. West.—1st, 7s, ’88 104 4 107
1st, Waco AN., 7s
1st, Springfield Div., 7s
114>
Adjustment, 7s, 1903...
78
2d consol., main line. 8s 120
Ohio Central—1st,6s, 1920
994 994
2d, 7s, 1893
Leh.AW.B.—Con.g’d.as 101 1105
90
92
84
102
Q. A T.—1st, 7s, 1890.
2d, Waco A No.,8s,1915|
Am.D’kAImp.—5s, 1921
|| lstTer’lTr.,6s.1920... 80
1
97
I 1st Min’l Div., 6s, 1921.
Han. A Naples—1 st,7s
C.M.A St.P.—1st, 8s. P.D. *130
General, 6s, 1921
*121
103
105 j ;Ohio
si'
*79*
1
1 Hous.E. A W. Tex.—1st,7s
Ill.ASo.Ia.—lstEx.,6s
2d, 7 3-10, P. D., 1898..
So.—1st, 6s, 1921
!
2d. 6s, 1913
St.L.K.C.AN.—R.e.7s 107
1st, 7s, $ g.. It. D., 1902. 122 1124 |
lOreg’nACal.—1st,6s,1921!
95 4 96 4
*110
1184 Ill.Cent.—Sp.Div.—Cp. 6s *110
Om. Div.—1st, 7s
| )Or.A Trans’l—6s.’82-1922i
1st, LaC.Div., 7s, 1893.
1
85
Clar’da Br.—6s, 1919
88
Middle Div.—Reg., 5s..
9134 924
iOreg. Imp. Co.—1st, 6s...
1st, I. A M..7s, 1897... *119
j
81
St. Chas. Br.—lst.Gs
85
1st, I. A D.,7s, 1899.... *118
jj Panama—S.L.snb.Gs, 1910 95" 100
C.St.L.AN.O.-aTen.la78;*J15 V..
|
123 j
117
No. Missouri—1st, 7s. 1184 120
1st consol., 78, 1897
i Peoria Dec.A Ev.—1st, Os
1st, C. A M., 7s, 1903... 119
98
119V
Consol. 7s, 1905
W^st. Un. Tel.—1900, cp. 1144 115
2d, 6s, 1907
Evans.Div., 1st,6s.1920,
102
114
Peoria A Pek. U’n—lst,6s|
1900,reg
Gold, 5s, 1951
2d, 7s, 1884
*110
Pac. RRs.—Cen. P.—G.,6s: xll34 1124 N.W. Telegraph—7s,1904
1st, 7s, LAD. Ext,,1908
San Joaquin Branch.. *
Mat. Un.T.—S.F.,6s,1911
Ced. F. A Minn.—Is*. 7s!
S. W. Div., 1st, 6s, 1909. 106
*864 87
109*3
94 41 Ind. Bl. A W.—1st prf. 7s
Cal. A Oregon—1 st, 6s 101
108
egon RR. A N.—1st, 6s 107
1 Ore,
1st, 6s,LaO.ADav.,1919
**86** “89
INCOME BONDS.
State Aid bds., 7s, ’84 1004:1014
1st, 4-5-6S, 1909
1st, S.Minn.Div.6s,1910 105 :,4 1064)
116
117
70
72
Land grant bonds, 6s. 1044 105*4 (Interest payable if earned.)
2d, 4-5-6s, 1909
1st, H. A D., 7s, 1910..
Atl. & Pac.—1st, 6s, 1910
97 V
114
30
i
..
.
■.
.
.
.
....
....
j 85 1
|
'
•••••
.
....
..
.
,
....
,
I
-
...
.....
,
-Ch. A Pac. Div.,6s,1910
......
11041
East’n Div.—6s, 1921...
4' Indianap.D.ASpr.—1st,7s
914
2d, 5s, 1911
j Int.A Gt.No.—1st,6s,gold
93
lst,Chic.AP.W.,5s,1921
904
Min’l Pt. Div., os, 1910.
C.A L. Sup.Div.,58,1921
Wis. A Min. D., 5s, 1921
90V
G. A N’west.—S.fd.,78,’85 *1064
Interest bonds, 7s, 1883 *1014
Consol, bonds, 7s, 1915. 132 4
Exteus’n bonds, 7s, ’85.
..
|
!
!
ioo”
1st, 7s, 1885
*
Coupon,gold, 7s, 1902.. 12134 1*22 41
122 j
Reg., gold, 78,1902
Sinking fund, 6s, 1929.
*108
1094
102 4 103 4
98
95
SlnkiDg fund, 5s, 1929.
Sinking f’d.deb. 5s, 1933
Sinking fund, reg
Escan’aA L.S.—1st, 6s.
Des M. A Min’s—1st, 7a
113**
Iowa Midland—1 st, 8s.. 125
Peninsula—1st,conv. 7s *120
Chicago A Mil.—1st, 7s. *119
Win. A St. P.—1st,7s,’87 1054
120
2d, 7s, 1907
114
MiLAMad.—1st,6s,1905 111
C.C.C.A Ind’s—1st ,7a,a.f. 120 ‘a
118
120
Consol. 7s, 1914
......
C.St.P.M.AOc—Consol.,6s 1084 109
C.St.P.AM.-lst,6s,1918 1124 114
N. Wis.—1st, 6s, 1930..
115
St.P. AS.C.—1st,6s,1919 114
L.ShTe-M.S.AN.I.,8.f.,7s
E. H. A N.—lst.6s.1919
2d, 3s, 1980
Nashv. A Dec.—1st, 7s.
S. AN. A
Chic.St.L. AP- 1st,con 5s
1st, con., 5s, reg., 1932.
Chic. A Atl.—1st, ns.1920
Col. A Green.—1st,6s,1916
92
924
Leban’n-Knox—6s,1931
Louisv.C.A L.—6s, 1931
Tol.—1st, 5s
115
Del. L.AW.—7s, conv.,’92 i 13
1274
7s, 1907
Mortgage
Col. H.Val.A
125
133
Syr.Bing.AN.Y.—lst,7s
Morris A Essex.—1st,7s
7a, 1891
*
No
1
111
la.—S.f.,6s,1910
L. Erie AW.—1st, 6s, 1919
114
97
100
100
95
do
754
Cent.—Con.7s,1902
Consolidated 5s, 1902
..
.
'*9*1*
984
**78**
125
98 ‘4
84 4
70
984
Clev. A Pitts.—Cons. s.f.
125
i034
Registered, 5s, 1931
108
r
107 V
price Friday—these are latest quotations made this week.
1234 124
;
Tex. ASt.L. ~Lg.4nc.1920
Gen. L. Gr.A Inc.—1931
2d, 7s,1898
2d, guar., 7s, 1898
Pitts. B. A
92
B.-lst,6s,1911
t Coupons on since
St.L.A. A T.H.—Div. bds.
Tol. Del. AB.--Inc.,6s,1910
Dayton Div.—6s, 1910..
St.L.V.AT.H.—lst,g.,7s
1014
••••
31
100
Chic. A E. 111.—Inc., 1907
DesM. A Ft. D.—lst,inc.,6s
Det. Mac. A Marq.—Inc..
4th, sink, fd., 6s, 1892.
6s. 1909.
Coupon, 5s, 1931
94
34
1074 E.T.V.AGa..-Fnc.,6s,1931
El.C. A No.—2d, inc.,1970
G. Bay W.A St.P.—2d,inc.
984 994
Ind. Bl. A W.—Inc., 1919
C.Br.U.P.—F.c.,7s,’95
At.C.A P.—1st,6s, 1905
934’......
Consol., Inc., 6a, 1921..
Ind’s Dec.A Spr’d—2d inc
At. J.C’O. AW.—1st, 6s
| 92
Trust Co. certificates...
Oreg. Short L.—1st,6s 1004 101
Leh. A Wilkesb. Coal—’88
Ut. So.—Gen.,7s ,1909 104 |
Lake E. A W.—Inc.7s, ’99
35
Extern, 1st, 7s, 1909j 10041
25
Mo. Pac.—1st, cons., 6s.! 1034 104
Sand’ky Div.—I nc., 1920
30
|117
Laf.Bl.AMun.—Inc.78,’99
3d, 78,1906
108
Mil. L. 8. A W.—Incomes
Pacific of Mo.—1st, 6s! 107
110
1124 Mob. A O.—1st prf. deben.
2d, 7s, 1891
2d pref. debentures
St. L.A S.F.—2d,6s,cl.A *984
20
98
3d pref. debentures
984
3-0s, class C, 1906
98
4th pref. debentures
984
3-6s, class B., 1906
76
N.Y. Lake E.AW.—Jnc.Gs
1st, 6s, Peirce C.A O..
N.Y.P.AO.—lstinc.ac.,7s
Equipment, 7s, 1895..
102
19*
Ohio Cent.—Income, 1920
Gen. rnort., 6s, 1931..
Min’l Div.—Inc.7a,1921
So. Pac. of Mo.—1st..
1024
Ohio So.—2d inc., 6a, 1921
Tex. A Pac.—1st,6s,1905 105
92 4! Ogdens. A L.C.—Inc., 1920
90
Consol., 6s, 1905
Income A Ld. gr., reg
594
PeoriaD.AEv.—Inc.,1920
Evans. Div.—Inc., 1920 *44
834 834,
lst,RioG.Div.,68,1930
PeoriaA Pek. U n.—Inc.,6a
Pennsylvania RR.—
ltoch. A Pitts.—Inc, 1921 *40*
Pa. Co’s gunr. 4 4 s,1st c.
944
95
Rome W. A Og.—Inc., 7s.
Registered, 1921
So. Car.Ry.—Inc.,6s, 1931
Pitt.C.ASt, L.—1st, c.7s
st.L.AI. M.- -1st,7s, pr.i.a 121
1st, reg., 7s, 1900
2d, 6s, int. accum’lative 118
2d, 7s, 1913.....
Pitts. Ft. W. A Ch.—1st
1374 St’gI.ARy.-Ser.B.,inc.’94
Plain incomes, 6s, 1896.
2d, 78,1912
130
Sterling M t. Ry.—Inc.,’95
3d, 7s, 1912
Den. Div.,6s.as’d299
1st consol., 6s, 1919.
97 4
N.Y.AM.B’h—lst,7s,’97
Mich.
Central of N. J.—1908...
Cent. la.—Coup.debtctfs.
•
*3*6"
Ch.St. P.AM.-L.g. inc.,6s
58,1907
Kans. Pac.—1st,6s,’95
1st, 6s, 1896
98
Manhat.B’chCo.—7s,1909
Cen.—1st, 7s. 1911.
109-311104
119 4! 1*^0
,
99
2d, 6s, 1899
Ala. Cent.—Inc. 6s, 1918.
106
Alleg’y Cent.—Inc., 1912.
1124 1124 Atl. A Pac.—Inc., 1910...
Sinking funds, 8s, ’93.
Registered 8s, 1893...
524
Sandusky Div.—6s,1919
Mex.
*109
105
105
Collateral Trust, 6s...
115
Laf. Bl.AM.—1st,6s,1919
Louis v.N. Alb. AC.—1 st,6s
Marietta A Cin.—1st, 7s.
127
1364 Metr’p’lit’n EL—1st,1908
1144 116
2d, 7s, 1891
112
116
Bonds, 7s, 1900
*122
7s of 1871, 1901
1234
1234
1st, consol., guar.. 7s. 122
116
N.Y.Lack. AW.—1st, 6s
Del. A H.—1st, 7s, 1884.. 1014 102
864
105
General, 6s, 1930
Pensac’la Div.—6s, 1920
St. L. Div.—1st,68,1921
97
2d, 6s, 1926
West. Pac.—Bonds, 6s
So. Pac. of Cal.—1st, 6s.
Union Pacific—1st, 6s..
Land grants. 7s, ’87-9.
*•
1254
consol., coup.. 1st, 7s.
Consol., reg., 1st, 7s..
120 ‘
Consol., coup., 2d, 7s.
Consol., reg., 2d, 7s... 120
Long Isl. R.—1st,7s, 1898 *1174 118
99
1st consol., 5s. 1931
Louis v. A N.—Con8.7s,’98 1164
101
2d ,7s, gold, 1883
102
Cecilian Br’ch—7s, 1907
93
N. (LA Mob.—1 st, 6s 1930
95
105
94
85
*
Cleve. A Tol.—Siuk. fd. 1034
New bonds, 7s, 1886.. 1064
Cleve. P. A Ash.—7s.... ‘111
123
Buff. A Erie—New bds.
Kal. A W. Pigeon—1st.
Det.M. AT.—1st,78.1906
123
Lake Shore—Div. bonds
Chic. AE. III.—lst,s.f.,cur.
*
•
108
Coupon, 6s, 1909
Kent’ky Cen.—M.,6s,1911
91
.....
1014
I860.
Tex.ASt.L. in Mo.AA.-2d
35
45
85
40
82
70
40
32
80
*2*6*
26
45
40
69
75
10
CHRONICLE.
THE
96
Quotations in Boston, Philadelphia and Baltimore.
New York Local Securities.
Insurance Stock List.
Bank Stock List.
fV0L. XXXVII.
Bid.
SECURITIES.
Ask.
BOSTON,
PRICE.
|
COMPANIES.
Par.
Marked thus (*) are
not National.
100
America*
Amer. Exchange...! 100
Broadway
j 25
25
Butchers’ A Drov’s’,
100
ffhase
I 100
25
V_yli.cH.il <11 LI
|
100
Chemical
25
100
Citv
100
100
Continental
Corn Exchange*.... 100
25
East River
25
Eleventh Ward*....
100
Fifth
100
Fifth Avenue*
100
First
100
30
50
Gallatin
100
Garlield
75
German American*.
German Exchange* 100
|
.
PRICE.
Ask.|
Bid.
154
128
260
......
.
2*0*61
......
157
121b
......
120
......
......
......
Imp. A Traders’ —
Irving
Manhattan*
Market
Mechanics’
Mechanics’A Trads’
Mercantile
Merchants’
Merchants’ Exch...
MetropolisMetropolitan
JMurray Hill*
Nassau*
New York
New York County .
N. Y. Nat. Exch....
Ninth
North America*
North River*
Oriental*
Pacific*
Park
People’s*
Phenix
Produce*
Republic
St. Nicholas*
Seventh Ward
Second
Shoe A Leather
State of New York*
Third
Tradesmen’s
Union
United States
West Side*
Gns
25
100
100
50
100
50
100
100
25
25
100
50
50
100
100
100
100
100
100
100
100
70
30
25
50
100
25
20
50
100
100
100
100
100
100
100
40
50
100
r)0
100
and
Bid.
145
105
155
165
160
140
115
117
80
240
240
75
100"
Empire City
90
30
Exchange.
115
50
Farragut
75
17-'
Firemen’s
70
10
Firemen’s Trust
115
100
Franklin A Emp.. .
195
100
German-American
Gennnnia
140
50
110
50
Globe
260
25
Greenwich
60
100
Guardian
112
15
Hamilton
133
50
Hanover
75
50
Hoffman
140
100
Home
65
50
Howard
85
Importers’A Trad’s’ 50
100
65
Irving
125
30
190
Kings C’nty (Bkm). 20
Knickerbocker
40
75
65
100
Lamar
110
Long Isl’d (B’klyn) •50
55
25
Lorillard
104
Manufac. A Build.. 100
114
25
Mecli. A Traders’
50
120
Mechanics’ (Bklyn)
50
60
Mercantile
50
95
Merchants’
50
102
Montauk (Bklyn.)..
135
Nassau (Bklyn.) ... 50
37 b 85
National *
35
145
N. Y. Equitable ...
100
70
N.Y. Fife
4
100
N. Y. A Boston
5
100
New York Citv
50
140
N iagara
25
103
North River
160
25
Pacific
...?.
110
100
Park
Peter Cooper
155
20
110
50
People's
56 137
Phenix
50
do
Relief
100
75
Republic
25
120
Rutger’s
50
100
Standard
100
60
Star
100
00
Sterling
120
25
Stuyvesant
25
65
Tradesmen’s
25
127
United States
10
120
Westchester
50
American
Amer. Exchange... 100
25
Bowery
25
Broadway
17
Brooklyn
20
Citizens’
70
100
Clinton
50
Commercial
Continental........ 100
40
Eagle
......
.
Par.
COMPANIES.
......
800
.
......
112
.....
......
......
......
100
Greenwich*
Hanover.
..
......
......
151
1*5*6
......
.
116
......
..
166
■
|
l
|
!
......
......
......
......
.....
......
.
......
......
170
180
102
...
...
.
.
......
......
......
......
......
......
......
......
130
......
......
......
115
165
......
....
»
VylLJ'
p;n
Ask.
155
111
163
175
167
150
125
125
90
249
250
80
100
120
85
80
120
210
147
115
290
65
117
137
82
145
73
90
70
130
200
85
70
115
65
112
120
135
64
100
106
150
92
160
77
6
10
160
108
167
116
165
117
140
60
82
125
105
70
60
126
70
132
126
<?nn
•
Bonds
Harlem
Manhattan
Metropolitan
Bonds
Mutual (N. Y.)
Bonds
Nassau (Bklyn.)
Scrip
New York
People’s (Bklyn.)
Bonds
Bonds
Central of New York
Williamsburg
Bonds
Metropolitan (Bklyn.)..
Municipal
Bonds
Fulton Municipal
Bonds
...
Boston A Providence—7s
Burl. A Mo.—Ld. gr., 7s.
Railroad Stocks and Bonds.
Par.
25
20
Amount.
i2,000, 000
1,000 !
Date.
*
Period
Var’s
1,200, 000 Var’s
Bid.
California Southern—6s..
East’rn, Mass.—6s, new..
Fort Scott A Gulf—7s
K. City Lawr. A So,—5s..
K. City St. Jo. A C. B.—7s
Little R. A Ft. S.—7s, 1st
Mass. Central—6s
Mexican Central—7s
N. Y. A N. England—6s.
.*
7 s..
N. Mexico A So. Pac.—7s
Oregon Short Lino—6s..
Ogdeusb.A L.Cli.—Con.6s
Income
Old Colony -7s
6s
Pueblo A Ark. Val.—7s.
Rutland—6s, 1st
May, ’83 112
July, ’83 70
3 V April, ’83 105
5
3
315, 000 A. & O.
50 1,850, 000 F. A A 13 I Feb.
’83,102
20 i 750, 000 J. A J. I 7b July,
’83 155
50 4,000, 000 J. A J. ! 5
jjuue, ’83;230
100 2.500,,000 M.A S. i 6
May, ’831187
500 i
105
£"><),,000.F. A A. 3 ....‘.
100 3.500,,000 Quar.
2b'Julv, ’83 117
000 M.AN. | 6
1,000 11.500,
I
1082
104
25 11,000,,000, Var’s i 3
Sept., ’82 50
Var’s i
700, 000 M.AN. I' 3 b May, ’83 00
100 4,000, 000, M. AN. 5
I May,
’83 125
10 1,000, ,0001J. A J. I 3b Jan.,
’701 4 5
I 3b May,
1,000
375, OOOiM.AN.
’83,100
00
3 I April, ’83
Var’s
125, ,000', Var’s
50
400,,000 F. A A. 3
Feb., ’83 S5
50 1,000,,000 Quar.
lb Feb., ’82 70
1,000 1,000,000 A. AO. 3
April, ’83 105
100 1,000, ,000 M.AN. 3
July, ’83 82 b
100 3,000, ,000 .'.
5
June. ’83 182
0
1888
106
750, ,000 M.AN.
100 3,000, ,000
70
102
300, 000 J. A J. 0
115~
Brooklyn City—Stock
1st mort
900,000 I. A J.
694,000 J. A J.
1,000
100
1,000
10
2,100,000 Q.—J.
1,500,000 J. A I).
2,000,000 Q.-F.
300,000 M.AN.
200,000 Q.—J.
1,000
Br’dwav (Bkln.)—Stock.
Bklvn. Crosstown—Stock
100
100
1st mort. bonds
Bushw’kAv. (Bkln)—St’k
Cent.Pk.N. A E. Riv.—Stk
Consol, mort. bonds
1,000
Christ’ph’rAlOth St—Stk
100
Bonds
DryDk.E.B. A Bat’}*—Stk
1st mort., consol
Eighth Av.—Stock
1st mort
42d A Gr’nd St.F’ry—Stk
1st mort.
Central Crosstown—Stk.
1st mort
Houst.W.St.AP.F’y—Stk
1st mort
Second Av.—Stock
3d mort
Consol
Sixth Av.—Stock
1st men
Third Av.—Stock
1st mort
Twenty-third St.—Stock.
1st mort
100
100
400,000
300,000
500,000
1.800,000
1,000
Q.—J.
Q.—J.
1,200,000
1,000
100
500AC.
100
1,000
748,000 M.AN.
236,000 A. A O.
600.000 J. A J.
250,000 J. A. J
1,000
100
1,000
1,000
1,000
100
1,000
100
1,000
Q.-.I.
1,200,000 Q.—F.
900,000 J. A D.
1,000,000 Q.—J.
•J03,000 J. A J.
100
100
500
100
J. A J.
.T. A I).
650,000 F. A A.
250.000 J. A J.
b
1,050,000
M.AN.
7
750,000 M.AN. 5
500,000 J. A J. 7
2,000,000 Q.-F. 3
100
2,000,000 J. A J.
600,000 F. A A.
1,000
250,000 M.AN.
on
’88, 23
J uly. 1900
7
J U iV,
2
’83
7
June, ’84
3 b May,
’83
7
3
Julv, ’83
O
J ulV.
’83
"7 ‘
1888
2 b July,
’83
0
July, ’83
7
Dec., 1902
2 b Aug., ’83
1898
7
4
AUg., ’83
J une, ’93
7
3
July, ’83
7
June, ’84
6
May, ’83
7
April ’93
3
July,
’83
O
1923
250,000
500,000 J. A J. 7
1,396,500 J. A J. 5
150,000 A. AO. 7
*rhis column shows last dividend
L—1st, 6s
T. Cinn. A St.
Income
7
4
7
July,
July,
April
Nov.,
Meh,
July,
May,
July,
Aug.,
M ay,
07
31
cDnyton Division
Main line
STOCKS.
Atchison A Topeka
Boston A Albany
Boston A Lowell
Boston A Maine
Boston A Providence
’94
’83
’85
’88
’83
’90
’83
’90
’83
’93
108
145
102
210
102
190
.
Catawissa—1st, 7s, con. c.
Chat. M., 10s, 1888.....
New 7s, reg. A coup —
Chart’rs V.—1st, 7s, 1901
Connect’.? 6s, cp., 1900-04
Cor. Couan A Ant.,deb. 6s,
Delaware- Os, rg.A cp.,V.
Del A Bound Br —1st, 7s
East Penn.—1 st, 7s, 1888
EastonAAmb’y—5s, 1960
El AWmsp’fc-l st,6s, 1910
5s, perpetual
Harrisb’g—1st, 6s, 1883..
H AB.T —1st, 7s, g., 1890
Cons. 5s, 1895
rthacaAAth.—1st, crld.,7s
Junction—1 st, 6s, 1882...
2d, 6s, 1900
112
102
103
80 b
110 b 110
112
i'12"
Leli.V.—lst,6s,C.AR.,’98
2d, 7s, reg., 1910
Cons. 6s, C.A R., 1923..
98
99
109 b no
115
98
N. O. Pac.—1st, 6s, 1920.
No. Penn.—1st, 6s, cp.,’85
2d, 7s, cp 1896
Gen., 7s, rez., 1903
Gen., 7s, cp., 1903
Debenture 6s, reg
Norfolk A West.—Gen.,6s
Oil City A Chic.—1st, 6s..
Oil Creek—1st, 6s, coup..
....
*2*6** .*::.*
......
[115
102
30
6
Cinn. Sandusky
Concord
-7
10
*82 b
184
82 b
1185
103
216
no
200
150
105
112
150
143
1*47
115
117
110
115
106
262
275
114
117
240
100
no
230
110
115
105
110
103
h103
90
no
112 b
198 b 205
103
107
108
240
250
110
115
265
275
110
113
160
170
no
113
stocks, hut date of maturity of bonds.
117
126*
99
i*15*
86
87
135
121b 123
102"
102 b
115
117
100
i'o*6*
123 b
122
...
164
A Cleve
20
Eastern, Mass
Eastern, New Hampsli.
Fitchburg
Flint. A Pere Marquette
Preferred
Fort Scott A Gulf—Pref
Common
Iowa Falls A Sioux City
Little Rock A Ft. Smith
Maine Central
Manchester A Lawrence
Marq. Ilouglil’u A Ontou
*43"!;:
i*20*'|i*23*
25b
....
100
80
22
88
Revere Beach A Lynn ..
Tol. Cinn. A St. Louis...
Verm’t A Massachusetts
Worcester A Nashua
45 b
29 b. 29b
110b
......
i
Wisconsin Central
Preferred
2*6
2b
22
29
Phil.Wil.A Balt.—4s,tr.ct
Piits.Cin.A St.L.—7s, reg
Pitts. Titus. A B.—7s,cp.
ShamokinV. A Potts.—7s
Union A
14b
27 b
*7*5*"
74
**9*4’*
*
95 b
125*"
Jersey—1st, 6s, cp.,'96
Cons. 6s, 1900
W. J erseyA At 1.—1 st,6s,C.
Western Penn.—6s, coup.
1806
Lehigh Nav.—6s,reg.,’84.
Mort. UR., reg.. 1897 ..
Cons., 7s, reg., 1911
Greeuw’d Tr., 7s, reg...
Morris—Boat Loan rg.r’85
Preferred
97
115
114
115
1*13*
107
111
1901
CANAL BONDS,
58b dies. A Del.—1st, 6s, 1886
Huntiugd’n A Broad Top
126b
gold, 1001
gold, 1908
Gem, 7s, coup..
50*
*9*5 b
122
92
30
Titusv.—1st, 7s.
6s, P. B.,
41
27
58
56
100
United N. J.—Cons.6s,’94
1st, 7s. 1800
1st preferred
2d preferred
Delaware A Bound Brook
East Pennsylvania
Elmira A Williamsport.
Preferred
liar. I*. Mt. Joy A Lanc’r
90
Conv. 7s, coup, off, 1893
Conv. 7s, cp.off, Jan.,’85
\V.
Camden A Atlantic
Preferred
Catawissa
124
’85-88
Gen., 4s, • old, 1023
Warren A F.—1st. 7s, '96
West Chester—Cons. 7s..
STOCKS, t
14
26 b
124
124
1893,.*
Conv., 7s, R.C.,
Cons. 68,
Cons. 6s,
*6*2**
PHILADELPHIA.
Beil’s Gap
Buffalo N’.Y. A Phil
Preferred
118b
Syr.Gen.A Corn.—1st, 7s.
105
2
25
Adj. Scrip,
Sunbury A Erie—1st, 7s.
Snub. Haz. A W.—1st, 5s
2d, 6s, 1938
139 b 140
21
101
Debenture coup., 1893}
Dob. coup, off, 1893
147
..
104
b
Cons., 7s, coup., 19 11 ...
Cons., 6s, g., I.R.C.191 lj
Imp., 6s, g., coup., 18971
96b 96 b
Gen., 6s, g., coup., 1908
102
Gem, 7s, coup., 1908. . ..| 101b
93
94
Income, 7s, coup., .896j
78
85
Cons. 5s, 1st ser.,c.,1922i
69
Cons. 5s, 2d ser.,e.,1933|
Scrip, 1882..
45 b
Preferred
Nashua A Lowell
N. Y. A New Kngland
Northern of N. Hampsh
Norwich A Worcester
Cons., 6s, 1920
Cons., 5s, 1920
Conv.
8:
1*27*
103
111
i*03b
AErie—2d.7s,cp' ,’88
Phil
Phila Newt, A N.Y.—1st
Phil. A R.—1st, 6s, 1910..
2d, 7 s, coup., 1893
Cons., 7s, reg., i91l ....
80
Conn. A Passuntpsic
Connotton Valley
,
Perkiomon—1 st, 6s,cp.’87
164 b
118
106
Cons 5s, reg., 1919
Pa. A N. Y. G\—7s, 1896.
7,1906......
......!100
163 I
Connecticut fiver
RA1 LROA D
26
122
Pennsylv — Gen., 6s, reg.
Gen 6s, cp., 1910
Cons., 6s, reg., 1905....
Cons., 6s, coup., 1905...
Allegheny Valley
,112b
147b
110
2d, 6s, 1904
Cons., 6 p. c
Cam. A Burl. Co.—6s. ’97.
Cheshire, preferred
Chic. A West Michigan.
105
105
232
180
110
118
106
00
95
130
55
110
05
00
75
110
88
185
110
75
104
110
Cam. A
,
80
110
[Quotations by II. L. Grant, Broker, 145 Broadway.]
100
96 b
i02b
Sonora—7s
Rutland—Preferred
Ask.
Ambov—6s, c.,’89
Mort., 6s, 1889
Atl.—1st,7s,g.,’93
Cam. A
1114
Conn. A Passumpsic—7s.
Connotton Valley—6s
Pennsylv.—6s, cp., 1010..
Scliuylk. Nav.—1st,6s,rg.
2d, 6s, reg., 1907
Lehigh Valley...
71
Little Schuylkill.
Minohill A Sell. Haven..
*62*
RAfLR’D STOCKS. Par
Baltimore A Ohio
100
1st pref
2d pref
76
100 b
115
......
i*06**
121
107
91
BALTIMORE.
64
Preferred
Nesquehoning
Norfolk A
Bl’ckerSt.A Fult.F.-Stk
1st mort
Br’dwav A 7th Av.—Stk.
1st mort
Ex.
Nebraska, 6s
Nebraska, 6s
Nebraska, 4s
Old Colony
Portland Saco A Portsin
:
Jersey City A Hoboken.
Ask
Buff.Pitts.A W.—Gen.,6s
119 b
.
[Gas Quotations by Prentiss A Staples, Brokers, 11 Wall Street.]
Brooklyn Gas-Light
Citizens’ Gas-L. (Bklyn 1
Atch. A Topeka—1st, 7s.
Land grant, 7s
Atlantic A Pacitic—6s
Income
:
Boston A Maine—7s
Boston A Albany—7s
6s
Boston A Lowell—7s
Ogdensb. A L. Champlain
City
GAS COMPANIES.
Bid.
SECURITIES.
[Prices by E. S. Bailey, 7 Pine St.]
Valley...
71b
•v>
West’n—Com
Preferred
Northern Central
North Pennsylvania
56
70
58
Pennsyl vania
Allotments
58
*19*
Philadelphia A Erie
Phila. Ger. A Norristown
Phila. Newtown A N.Y.
Phila. A Reading
Phila. A Trenton
Phila. Wilm. A Balt
Pittsb.Cin.A St. L.—Com
United N. J. Companies.
West Chester—Cons, pref
West Jersey
West Jersey A Atlantic.
CANAL STOCKS.
50
50
V
50
50
Pittsburg A Connellsville
110
RAILROAD BONDS.
Atlanta A Chari.—1st—
Inc
27 b
Balt.AOhio—6s,’85, A. AO
....
Lehigh Navigation
Pennsylvania
Schuylkill Navigation
..
Preferred
RAILROAD BONDS.
Allcgh. Val.—7 3-10s, ’96
7s, E. ext., 1910
Inc. 7s. end., coup., ’04
Bolvid’e
*62**
192
50
40
104 b 105 b
106
105
97
Ex-dividend.
Pittsb.ACon'ells.—7sJAJ
6s, 3d, guar., J.AJ
Mar.ACin.—7s, ’91,F.AA.
2d
MAN
8s, 3d, J. A J
Union RR- 1st, gua.JAJ
Canton endorsed
Virginia A Tenn.—6s
•
••••»
Wilm. C. A Aug.—6s
Wil. A Weldon—Gold, 7s.
Coin. 6s, 1921
1 st, Tr. Os, 1022
*
Chari. Col. A Aug.—1st..
2d
ColumbiaA Greenv.—lsts
2ds
N. W.Va.—3d, guar.,JAJ.
No.Central—6s, ’85, J.AJ.
45 b 45 b
6s, 1900, A. A O
6s, gold, 1900, J.AJ....
Cem Ohio.—6s, 1st,M.AS.
16b 17
VV.Md.—6s, 1st, g., J. A J.
1st, 1890, J.AJ
119 b 120 b
2d, guar., J.AJ
2d, pref
38
38
2d, guar. l>yW.Co.,J.AJ.
Del.—1st,6s,1002
2d. 6s, 1885
3d, 6s, 1887
Bell's Gap—1st, 7s, 1803.
1 st, Os, 1905
Conpol.. Gs, 1913
Buff. N.Y.A Phil.—1st,6s
2d, 7s, 1008
Parkersburg Br
Northern Central
Western Maryland
Central Ohio—Com
t Per share.
* In
default.
195
199
127
125
128
8b
Sb
54
13 b
50 b
105
106
104
105
98
105
99 b
100b 102
8lb
121
102
103
119b 120
118b
110b 110b
113b
110
122
141
*
108b
50
52
115
100b 100b
124
109
120
§ Ex-rights.
Jcly 28,
RAILROAD EARNINGS.
Latest Earnings
Roads.
Reported.
Jan. 1 to Latest
Date.
1883.
May
30.301
46,936
J’ly
July 14
3d wk J’ly
Wk
414,000
505.700
108,351
30.245
84.678
208,826
..
31.992
7,987
324,719
30.917
16,561
125.700
21,000
5.531
26,575
18,501
300,037
69,770
50,915
12,518
2d wk JTy
May
June
May
3d
3d
2(1
2d
Dub. As Sioux (’. 2d
wk
wk
wk
wk
JTy
J’ly
J’ly
JTv
wk J’Iy
JJune
E.Teun.Vra.<teGa.|2d yy’k JTy
Eliz. Lex. As B.S.jJune
Evansv.iV T. If. 2d YY’k JTy
Flint At P. Man|. 2d Yvk JTy
Flor. Cent, it W.iMay
Flor. Tr. it Pen. \ IsiYY’k July
41.812
31,528
7,594
7,200
329,426
5,851
Ft.W.Ar Denver. 3d yy*k J’ne
Grand Trunk....|WkJuly 14
474,303
6,630,934
1,369,137
2,584,112
1,422,500
577,825
47,692
67,000
128,754
100,629
1,330,766
1,037,258
1,292,535
546.151
875,363
844.185
33,501
34.329 1.489,809 1,075.378
336,832 11,941,000 10,136,541
462,600 12,243,535 11,951,746
80.737 2,617,896 2,457,370
785,451
744,872
25,234
98,207 1,253,562 1,290,662
188,835
1,156,074 1,180,367
675,273
815,024
24,856
252.710
268.217
8,323
1,500,183
1,545,307
326,411
17,233
15.329
79,675
72,632
111,300
3,420,400
3,446,399
368.400
’*6.170
27,718
22,873
544*059
562,5*0*6
1,637,666
1,503 591
53.804
1,917,733
1,513,446
37,402
199,471
317,550
415,028
362,899
1,346,299 .1,119,790
172,962
171,773
216,098
258,072
29.717
32,075
30,586
7,021
9,101*2*18 8,367,8*3*9
313.420
IllinoisCen.([M.)l2d yyTc JTy
Do
(loYViO 2d yyTc J’ly
203.747
911,570
532,493
44,800
23,057
167.479
36,535
1,289.140
1,077,340
59,000
Hous.E.itW.Tcx May
55,895
40,776
23,028
907,271
579,973
260,617
Market
St. Nicholas
Shoe & Leather.
Corn Exchange.
Continental
Oriental
1,3.5 4.620
200,560
7,038,687
263.770
34,591
21.083
39.202
5,151
12,046
20,18')
147.430
100,808
21.856
62.717
130,718
133,499
2,067,960
931,421
1,667.689
1,482.830
20,973
12,43b
7,506
81,075
01,228
249.480
1,237,528
324,882
602,438
859,218
47,573
14,719
142,441
551,757
521,932
522,670
6 43,456
170,00u
12,335
50,087
116,075
131,722
87.083
455,863
549.939
4.625,558 3,650,983
417,695
733,571
1,951,129 1,636,877
3,719,442 2,975,643
3,874,399 3,601,442
3,202.785 2,395.361
18,106,882 1-1,678,000
Tex. it Pacific, 3d Yvk
JTy
112,079
Whole System;3d wk
Mobile & Ohio..|June
JTy
627,736
567,310
124,640
136,183
965,379
170,661
136,704
1,101,989
878,9 IS
981,323
,
6,0.53,928
1,518.474 1,670,743 i
N.Y.L.E.itWest. April
285,391
293,919
N. Y.&N. Eugl’d June
57,835
87,054
N. Y. Susq. it W.j cay
450,555!
463.678
N. Y. Pa. it Ohio;April......
90,104
101,084
Norfolk it West 17 dys J’ly
42,200
23,900j
Shenandoah V 19 dys J’iy
476.164
465,819
Northern Cent.. Jun *
156,725;
181.700
Northern Pacific 3d wk JTy
22,657
20,387
Ohio Central
j2d Yvk JTy
315,340
319,118
Ohio it Miss
May
6.674
6,186
Ohio Southern.. 12 1 Yvk JTy
79.280
Oregon it Cal...!May.
1,623,598
377,343
4,851,000
3.470.600
1.510.500
2,587,711
4,032,158! 3,129,491
523,206;
498,275
2*67*33*9 1,459.402 1,2*29*8*66
374,686
..
Oregon Imp. Co. May
399,263 2,298,050 2,293,972
415,850
Oregon Ii.itN.CojJune
4,156.971 4,093,756' 24,352,579 22,650,817
Pennsylvania ..! June
394,315
353,73S
16,217'
9,844
Peo. Dec. it Eve. 2 l yvIc JTy
341,614 1,943,238 1.725,164
344.771
Philadelp.itErieJ line
1.696,977 1,703,469 8,155,371 7,816,766
Pliila. it Read.. |May
1,395,053 1,174,540 5,623,076 4,969,140
Do C. it Iron May
t31,300 1,841,806 1,739,318
t4 4,000
Riclim.it Danv..!2d wk JTy
341,945
402,700
t4,361
14,893
CiiTCol.itAug.;2(l Yvk JTy
314,258
374,894
15,146
t4,312
Coiumh. it GrJ2d Yvk J’iy,
673,345
760,460
tl2,552
U7.714
Va. Midland..;2d YVk JTy
99,099
152.062
11,850
t3,667
West No. Car. 2d Yvk JTy
671,555
697,381
30,228
22.752
8t. L.Alt. <t T.II.|2d Yvk JTy
421,956
408,091
18,547
12,670
Do
(brehs.) 2d yvIc JTy
186.898
191,200
8,759
6,735
Bt. Louis it Cairo 2d yvIc JTy
82.275 1,875,846 1,719,696
63,998
Bt.L.itSan Fran.13d Yvk JTy
465,134
588,649
22,315
31.753
Bt. Paul Ac DuL. 2<1 Yvk JTy
205.589 4,334,470 4,257,250
155,000
Bt. P. Minn.it M. 3d wk JTy
222,668
238,803
£0,528
79,769
8o. Puc.Cal. N.D;March..
968,515
994,095
302,030
414,436
Do So. Div. Li March.. ..
660.697
587,706
.
2,001,500
Union .Pacific.. .120 dys
Utah Central ...May
..
. .
i.
46,433
63,250
JTy 1,456,000
Vicksb’rgAc Mer. June
Wab.SLL.it P...i3d wk JTy
West J ersey
' May
Wisconsin Cent.“2(1 wk
245,923
79,635
97,671
27,882
281,629
92,412
24,476
203,305
60,234
41,872
60,574
185,555
242.418
633,265
80.975
149.304
240,4'i9
578,322
72,000
1,4*26,6*0*0
14,610,828 14,899,771
26.861
214,905
152,324
331.840
73,892
494,651
232,982
369,1*58
320,321
..
*
Nominal.
8 jO.800
1,571,500
120.000
83 >,010
5,06 >,700
5,150,700
243,600
20,')00
172.300
2, <43,9o0
3,121,300
360,000
3,7 7 ',100
1,8:6,600
45,000
5,100
7,500
425.100
3,3l.J,£ 00
9,5 4(4.300
3,204,000
403,000
667,000j
9,678,000
2,119,000
99
267,900
2,629,700
2,508,609
2,o 46,2. JO
436,800
51.400
1,9 17.(500
3.062,000
450,000
DO,030
4,660
4,038,100
201,000
2 >5,800
450,000
V,157,000
348,9001 12,0 1.400
270,OOO
326,600) 4,165,0 0
77.5.800 22.332.400 1.350,600
-15,000
1,329.50 ) 24,93 >,100
182,600, 1,679.0JO I
201,300'
121.900
1,274,0 )0
3.371,40 j
741,200
775,600
781,600
10 *,600
162,500
645,660
5.417.500
1.462.700
1,87 ),000
1.534.400
2.448.800
4.283.300
2.108.800
lou.ooo
222.900
243,500
18.8J0
377,806
1,196,96 I
429,760
539,760
101,700
;
93, 60
1. .3 7,700
5,4 J7.56 )] 1.221,3)0
2 (0,500
1,373,6 JO |
18 000
831,000!
200,000
13 46U
113.900
lno.ooo
189,500
257,866
157,600
111,606
56.060
1,833,3001
200.000
200,000
500.000
300.000
64,616,700! 26,493,900
the totals for three
“
“
t
L. Tenders.
$
Loans.
$
9..
16..
23..
Specie.
140,591,'i 00
147.714,800
5,111,800
4,995,100
5,171,500
147,164,(500
due to
follows:
326.205,100 15,583.400
are as
follows:
Dec. $1,125,600
..Inc.
56,200
Ago.Clear~
$
15,612,300
15.527.200
*
.
23..”*
74.179,143
28,833,800
67,3 iO,852
Unlisted
20.959.151
19,562,090
Bid. Asked.
Raihv’y Imp.CoEx bonds and stock.
Atl. & Pac.—Gs, 1st
cent.. 113
Aecum’d I’d gr’t bds 33
Am. Bank Note Co.
Am. Safe Deposit per¬
petual deb’ure bds. 100
38
Bost. H. & E.—Ne w st’k
30 q
£0,516,536
Circulation. Agg.Clear,.
*
$
9.5'* 7,923
9,535,281
57.196.180
51,556.21^
59,715,03(5
9,591,828
Phila
Chic & Atl.—Stk
do beneficiary
1st mort
stk..
Contiu’t’iCons.-S5p.c.
lJen.ifc R.G.R’y—Cons.
Rio. G. & West
23*’
25**
45
51**
857s
8G
18
21^2
75^8
N. Orleans.
Subsidy scrip
22*5
Edison Elec. Light
Ga. Pac. R’y., 1st m.. 80
Gal. Har. & S. Ant....
Gal. Houst. & Hen...
I. B. & VV. inc. bds
Denver <fc
....
Springf...
Keely Motor
L.&N.co!.trust bds ’82
Mexican Bonds—3 p.c.
Mexican. Nat
4^2
....
5^2
42^2
Pac.,Cowdry
5s
North Pac. div. bonds.
No. Klv. Const.—lOop.c
Newb. D’tch& ConnIncomes
Ohio C.—Riv. Div. 1st.
Incomes
....
75%
93%
9G
99
50
*
280
.....
70
20
....
52~*
10
ii‘o‘*
Subs. 90 p. c
Subs, ex-bd. & stk...
Pensac. & Atl
70
Pitts. & Western
1st mort
Rocli.&Pitts. cons.,l8t 89
13H
St. Jo. & West
St. Jo. & Pacitic 1st.
do
2d.. 2*4* ha
do
Tex.&Col.Imp.—60p.c 85
T\ x. & St. L
5*6
7*1 %18
81
92%15
•
m
m
m-
•
•
•
»-
22 5t
74%:
24
101
4*i“
g”
10
bonds in Texas
v
gra’titiuc.bda in Tex 20
Liglit(x-d.) L’Jl^g
3^
Vicksb’g Ai Meridian..
24
Incomes
0*2
437s Wisconsin Central.... 18^
pref
21
1st mort 1st pref
75
41*2
69
1st mort
104
2d mort
32
1834
81^
U. S. Elec.
...
M.U.St’kTrust Certs..
74*2
92hj
....
52
74 78
N.Y.W.Sli.&Buff.—Stk
Oregon Sh. Line deliv¬
ered Yvhen issued....
Old...
Buff. N. Y. &
Missouri
*
73,447,(42
58,046,739
del.Yvh.iss.on old sub
30
...
Incomes
Blocks 35 per
fnd. Dec. Sc
Deposits.
Securities.—Following are quoted a^38 New Street;
Bid. Asked-
Am.
Denver
77.344,515
totals of the Philadelphia banks
21,451,317
79,712,511
*
28,829,160
f
79 142 296
..
Agg.Clear ^
*
89.706,9G0
Lawful Money.
78,852,715
q
of Circulation. banks;
the Boston
89,713,400
4,339.500
other banks.”
4,313.600
4,199.700
$
>‘10
Deposits
26,012.500
Loans.
1883.
>•
446,800
44,800
180,000
$
83.910,200
*
Philadelphia Banks.—The
are as
July
*
^
.....
weeks Circulation.
:
Deposits.
#
45,000
5,922,760
1,465,400
623,300
week
Banks.—Following are the totals
Including the item
*
#
267,800
221,100
180,000
58! ,638.27‘A
7....328,653,200 62.799.500 24.431,700 322.348,200
65:J,303.87»
14....329.839.300 64.817.200 25.5 >2.400 327 326,700
15,5^3,400 757,046,185
21... .328,356, IU0 64,646,700 21,493,950 326,265,100
Boston
July
L. 'lenders.
$
Specie.
f;
1RQQ
*•
170,506
901,l0J
45iOOO
5£8,OjO
44,900
1.907.100
—
Dec.
Inc.
216,700
360,000
4,628,000
6,363,200
15,774,400
5,072,200
1,131,700
1,835,< ‘00
2,076,700
2,204,200
5,- 61,200
2,277,200
2,033,3:0
312,060
59.2,80 »
200.000
75 >.000
3>0."00
Loans.
July
997.2601
1,345,700' 10,137, ;o)
14,0.(2,300
500.0)0
1,589,odd
297,000,
108,3'iOi
1,298,000
1,000.0>C
300.000
250.000
90,000
251,2 H)
3,300,00 )
6,018,500
613 306
JTy
t Freight earnings.
i Included in Central Pacific earnings above.
Coins.—The following are quotations in gold for various coins:
Silver %s and %s. — 99 \ w par.
Sovereigns
$4 85 '2>$4 90
Five francs
— 92
® — 95
S>
Napoleons
3 85
Mexican dollars.. — 853*a> — 86*4
X X Reichmark8. 4 73 ® 4 78
Do uneommercT. — *34%'J — 86
X Guilders
3 95 ® 3 99
Peruvian soles.... — 79 ® — 80
'ct> 15 65
8pan’h Doubloons. 15 50 ^15 60
English silver .... 4 78 'co 4 84
Mex. Doubloons.. 15 45
Fme silver bars
1 lG’s® 1 1078 Prus. silv. thalers. — 68 ® — 70*2
parwkj prem. U. 8. trade dollars —*86 -3> — 87
F ne gold bars
U. S. silver dollars — 99 W ] ar.
Dunes <t ^ dimes. — 99f'g7i>
par
593,0)0
1,526,000
1.160.400
15,825,700
8,115,0 )0
..
Do Arizona^. March..
Do N. Mex 1.1 March..
8cioto Vailcy...iJime
8outh Carolina. June
Tol.An Ar.AG.T. June
162.5)0
2.431.600
2,700,0 O
4.762.700
6.354.200
2.101.300
3,48.1,000
10,177,000
10,708,00 •
1,64 4,200
7,0 -9.00)
2.7.8,.500
The deviations from returns of previous
Ney deposits
discounts
Be \ $1,483,200 Circulation
2,9 44.614
182,361
50.1,200
1«3,400
620,400
2.383.500
2,301.00 »
750.000
The following are
957,930
400,000
701,000
145,600
215.700
13,672,000: 1,017,000
300.00C
Specie
Legal ten :ers
2,600
£30,400
17,500
324.003
3,300
648,000
8,262,800 1,033,800
473,400:
3,228.000 j
250,000
3.20O.U0O
2,000,000
Loans and
1,532,482
216,985
1,115,063
6:2
2.353.600
210.000
•-
216,900
45,000
354.500
403,100!
221,200!
Total
•*
204,858
356,639
2.473.300
1,000,000
....
281,700
782,500
£.62,3 :0
132,200
518,030
1,311,000
6.318.500
1.000,000
U. S. Nat
Lincoln Nat
789,600:
1,64 J,>)00 10,830,000
4,33o OoO' 1,586,800 1 1,351 800
32 4,5> )0|
5,(26,300
6,172,000 1,071,200;
500,000
Germania
267,600
2,0 0,000
50j,U0;
500,000
Bowery Nat’nal.
352,306
16,078,700
1,000,000
422.700
1,500.000
N. York Co only.
Term’d Am’c’n..
Chase National.
Fifth Avenue...
German Exch. .
1883. '
1,310,515
11.; 8 4,00(1
1.000.000
Third National.
N.Y. Nat. Exch.l
5,862,131
Nash.Ch.itSt.i, iJune
3.672.500
18J,O0O)
5 JO,200j
1.223.200
5,000.00o
5,000.000
...
Fourth Nai’nal
Central Nat
Second NutionT
Ninth National.
First National..
404,888
104.307
600,000
300.000
8GC.OOU
400,000
1,500.000
2.000.000
500.000
Gardeld Nat
132,511
16,2S0
1.000.000
1,000,000
300,000
200,00c
200,000
importers’ & Tr.
6,519,568
87.067
43.780
1,002,070
73.367
93,979
3,461,928
430,800
i,6>3,3uO|
12,745,7 o; 3,50 ‘,^00
37 4,800
3.251.700
577.300
4,527,00 >1
[321,100!
1,8 (2,700
163,000'
1,0"6,000
06 (,700
26,0 10!
207,0001
3,083,700
300.000
Park
Wall St. Nat
North River.
East River
415 000
3,203,000!
"...
Marine
1,240,235
123,312
3,292,220
S,u08,400i 4,327,300
3,000,000
600,000
500,000
Nassau
1,202,600
6 >7,000
3,320,000!
500.000
...
*
495,00(1
9,750,000
6,483,000
6.979.400
7,603,060
3.691.400
7.265.900
3,0 >2,000
10.400.400
2,094,800
1.383.930
12,923,500
2.819.400
375.100
2.531.930
172,000
1.678.900
71,800
1,052,030
5(7,000
897,466
124,8 JO
3 < 7,2U0
2,23 '.,*06
1,2 >7,066
181,700
174.000; 3,465,806
1,106,800
4,024.500
lu,208,700
1.000,000
Citizens’
123,529
13-1,104
17,903
13,794
10,484
8LL.Ir.Mt.itS.|3d wk JTy
Metropolitan
Circula¬
tion.
657,000
541,>00
629.800
955,000
279,'JOO
548.900
151.500
497,000
87,000
9 >,500
532.100
706,0001
8,085,0001
450.000
200.000
700.000
North America.
Hanover
Irving
Teniers.
9,326,000 2,488,000
7,521,000, 1,206,000
7,411,100 1,458.400)
000,000
300,000
Chatham
206.42*9
190.843
40,955
26,3 18
Mexican Cent..:1thYvkJ’ne
Do
No. Hiv 2d yvIc JTy
Mexican Nat’l.. 2d wk JTy
Mil.L.Sh.it West 3d Yvk JTy
Mmn.it St. I.onis May
Missouri Pacific.'3d yvIc JTy
Central Br’ch.!3d Yvk JTy
Iut. it Gt. No..’,3(1 Yvk JTy
Mo. Kan. it T.-.jJd YVk JTy
Chemical
Merchants’ Ex..
Gallatin Nat....
Butchers’* Dr*..
Mechanics’ A Tr
Greenwich..
Leather Man’f’s
Seventh Ward..
State of N. Y...
American Kxch.
Commerce
Broadway
Mercantile
Pacific
Net dep’ts
other
than U. S.
Legal
Specie.
*
1,000,000
Fulton
793.819
367,910
2d wk JTv
2d Yvk J’ly
IstYvkJuly
May
2d wk JTy
2 wks July
L.Rk.M.Riv.ik T. 2 Yvks July
Loug island
3d Yvk J’iy
Louisa, it Mo. It. April
Louisv.it Nashv. 3d Yvk JTy
Mar.Hough.it (). 2d Yvk JTv
Memp. it Chari. 2d Yvk JTy
Tradesmen’s....
192,955
6,019
41,300
40,000
25,775
119,000
31,000
HannibalitSt.Jo|3d Yvk J’lj
City
People’s
284,662
Loans and
discounts.
f
2.000,000
2,050,000
2,000,000
2,000.000
1,200,000
3.000,000
1.000,000
1.000,000
Sew York
Manhattan Co.
Merchants
Mechanics’
Onion
America
Phoenix.
Republic
182,460
146,597
the
the
Average amount of—
Capital.
Banks.
362,546
6,837,348
74.870
Gr.BayW.itSt .P. 2d wk JTy
GulfColAsS tn. Fe>2 wks July
So. Div.
Ind.Bloom.it W.
K.C.Ft.S. it Guit
K. C. Law. it So.
L. Erie it WV.st’n
L. K. it Ft .Smith
$
2,082.000 2,229,105 11,469,479 12,155,971
271,382 1,799,539 1,399,119
326,525
183,905 4,302,564 3.935,121
187,088
2,009,872 1,505,261 9;4 67,237 7,718,451
3d wk J’ly
3d wk J’ly
lstwk July
Cin.Ind.St.L.&C. 2 wks July
Cincinnati South June..
Cin. Wasli.& Balt 3d wk J’ne
Do
$
44,726
124,000
150,500
93,535
....
Eastern
$
54,496
1,103,000 1,153,479
Atch.Top.<fc S. Fe Jane
Bur.Ced^R.&No. 2d wk JTy
Canad’n Pacific 3d wk J’ly
Cewtral of Ga... June
Central Iowa.... Jane
Cencrai Pacific. June..
Cliesap. Ai Ohio. Jane
Chicago Az Alton,3d wk JTy
Clev.AkronW Col
Clev.Col.C.&'nd
Conuotton Val..
Danbury
Nor.
Denv. & Iiio Gr.
Denv.At K.Gr.W.
Des Mo.vfe Ft. D.
Dot. Lilli. As No..
1883.
72,176
Ala.Gt.Sou them Jane
2d wk
1882.
New York City Banks.—The following statement shows
uity isanKS.—rne toiiowing
condition of the Associated Banks of New York City for
week ending at the commencement of business on July 21:
1882.
$
Week or Mo
Cldc. Bur. AzQ..
Chic. & East. III.
Chic.&Gr.Truuk
Chic. Mii.&St. P.
Chic, At Northw.
Ch.St.P.Min.iVO.
Chic. & W. Midi.
97
THE CHRONICLE.
1883. |
15
77
25
130
5%
THE CHRONICLE.
98
[Vol. XXXVII.
INCOME ACCOUNT FOE
Junes twcuts
$7,937
75,797
AND
Total.
Interest on first mort.
STATE, CITY AND CORPORATION FINANCES.
The Investors* Supplement contains
complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the last
sold at $2 per copy.
’
.
bonds, being the onljr mort.
on
the road..
$83,735
75,600
Balance carried to 1883
a
Saturday of every other month—viz., February, April, June,
August, October and December, and is furnished without extra
tkarge to all regular subscribers of the Chronicle. Single copies
are
1882.
Balance from 1881
Net earnings in 1882
“
$8,135
The gross
earnings for the year show an increase of nearly
68 per cent. The operating expenses, by care and economy,
have been brought down to 57*50 per cent of the gross earnings,
while the road has been kept in good condition, and is to-day in
better order than ever before.”
The report says: “ The opening of the Michigan Air Line to
a connection with our present tracks at South Lyons will secure
competitive traffic rates to all points in Michigan, Canada
England. When this company was organized, the
objective point to be reached was the connection at South
ANNUAL REPORTS.
Lyons with the Grand Trunk of Canada. This is now accom¬
plished; the connection will be made in June.
Pennsylvania Company.
The repairs and renewals which have been made upon the
(For the year ending Dec. 31, 1882.)
road-bed and track during the year were necessary to put the
This company operates or controls the Pennsylvania lines road in first-class condition.
The outlay is admitted to have
west of Pittsburg & Erie.
been liberal, but the money was judiciously and economically
The income account for 1882 has heretofore been published expended by competent and experienced men, on the
theory
in the Chronicle (V. 36, p. 673), but the full annual report has that security to life and property is the best
economy.’* * * *
Last fall a proposition was made by the board of directors
just been issued. The amount of income applicable to dividends
is only of interest to the public so far as it affects the Pennsyl¬ of the Toledo Ann Arbor & North
Michigan R’y Co. for consol¬
vania Railroad, as all the stock of the Pennsylvania Company idation with this company. The proposition has been
favorably
is held by the Pennsylvania Railroad Company.
considered by this company, and the terms and conditions of
The lines operated directly by ownership of stock or under consolidation agreed upon.” * * * “ The
advantages of the
lease amount to 1,331 miles.#
proposed* extension of our line into Central Michigan are so
The Pittsburg Cincinnati & St. Louis and its leased lines great, and the traffic of the North
Michigan Company so well
are controlled through ownership of stock'and a separate
report assured, that stockholders, representing a large majority in
is made of their operations. The only addition to the lines.worked interest of this company, have
recognized this fact, and will
directly during the year, was the Alliance Niles & Ashtabula, unquestionably vote to ratify the agreement of consolidation.”
from Niles, 0., to Alliance Junction, 24 9 miles, built by this
BALANCE SHEET, DECEMBER 31, 1882.
us
and New
“
“
-
company.
The general account
is
as
Liabilities.
follows compared with 1881
1882.
>
Stock
1881.
$20,000,000
Bonds
J
Due lessor companies for supplies
Due Penn. R. R.,not inc. current balances
Due to other companies
1,002,75*5
378,624
1,935
227,655
1,920,541
5,100,435
4,230,138
$42,868,124
$19,639,782
$19,793,868
10,189,953
Equipment
surance
Co., trustee
985.226
2,606,304
1,464,894
1,867,582
1,514,160
2,606,304
1,794,224
1.420,169
1.070,003
1,262,132
574,317
1,052,938
274,368
731,194
804,619
137,502
137,502
48,485
385,000
10,246
31.679
1,920,542
103,000
227,655
1,723,266
:
Total
728,331
48,486
515,000
Sinking funds for leased roads
Sinking fund 4^2 per cent bonds
N. Y. agent, to meet interest
Loans payable on demand
•
227,571
814,388
812,364
Sinking fund for registered bonds
Philadelphia Trust Safe Deposit and In¬
234.562
9,550,000
-
$44,439,501
Liabilities.
Capital stock
First mortgage bonds..
Bills payable
Vouchers and accounts.
rncome account
$1,900,000
1,260,000
13,460
98,906
8,135
$3,280,502
$3,280,502
GENERAL INVESTMENT NEWS.
1.723.266
$14,439,501
Real estate
Union Line property
Due for betterments to leased roads
Due by other companies
Due by station agents
Stock of supplies
Miscellaneous assets
Cash
Advanced to pay coupons, G. R. & I. Co.
Purchase of liens on r. est. for C.C.& I. C.
..
1,379,041
263,812
2,715
234,562
Assets.
Securities
Bills receivable
■Assets.
Construct’!! & equipm’t.$3,197,258
New equipment, 1882
33,156
Fuel and supplies
4,015
Due from agents and
others...
31,039
Cash
15,032
‘
735,011
1,572,046
Miscellaneous liabilities
Interest unpaid on registered bonds
Interest unpaid on 4^ per cent bonds...
Reserve fund, leased roads
Balance of profit and loss
Total
$20,000,000
13,200,000
831,831
13,200,010
831,831
410,773
Dueforcurrentwoikin.fi: expenses
:
$42,868,124
The funded debt consists of $10,000,000 first mortgage 4%
per cent bonds and $3,200,000 registered 6 per cent bonds,
secured by pledge of Pittsburg Fort Wayne & Chicago stock.
The item of sinking: funds for leased roads includes $1,223,175
for the Pittsburg Fort Wayne & Chicago and $697,366 for the
Cleveland & Pittsburg. The amount due for betterments of
leased roads is to be re-paid by stocks or bonds of those roads,
under the terms of the leases. The item of interest unpaid on
American Railroad and
Improvement Co.—At
a
meeting
of the stockholders of this company, held at Denver, the fol¬
lowing directors were elected for the ensuing year : G. M.
Dodge, Sidney Dillon, G. P. Morosini, J. T. Granger, A. H.
Calef, W. C. Hall and Sidney F. Taylor. The President was
authorized to push forward construction of the Atchafalaya
bridge
as
rapidly
as
possible, and on its completion take steps
and wind up its affairs.
to dissolve the company
Atlantic &
North
Carolina.—A dispatch to the Times
from Raleigh, N. C., July 23, said that a lively contest is
going
on between the Eastern Construction
Company, the Cape Fear
& Yadkin Valley Railroad Company, the Midland North Caro¬
Company ‘represented by Appleton Oaksmith, the Wil¬
mington & Weldon Railroad Company, and the North Carolina
Railroad Company for the control of the Atlantic & North
Carolina Railroad, which runs from Morehead to Goldsboro.
After the collapse oftheBjston syndicate, as represented
by
W. J. Best, this road went back into the hands of the State and
the private stockholders. It is not proposed by the owners to
run the road, but to lease it.
Therefore the several corpora¬
tions mentioned have made propositions to lease the road for a
lina
term of years.
Brunswick & Western.—A mortgage has been filed by this
in Albany, Ga , for $3,500,000 to a New Y'ork Trust
company
Company.
Central of New Jersey.—The brief annual statement of
earnings and expenses for 18S2 was published in the Chronicle,
V. 36, p. 623, showing the total figures as given in the sub¬
*4^ per cent bonds includes the coupons due Jan. 1, 1883, the joined table. The details for the several roads and
branches
day following the close of the accounts.
show as follows:
Toledo Ann Arbar & Grand Trunk
Railway Company.
(For the year ending December 31, 1882.)
President, Mr. J. M. Ashley, says in his report that the
The
financial condition of the company, its business and prospects,
nre far more favorable than their estimates during the construc¬
tion of the road. The earnings for 1882 (which are entirely
from local traffic) are at least 40 per cent greater than antici¬
pated, until after a connection should have been made with
this road by the extension of the Michigan Air Line division of
the Grand Trunk Railway of Canada to South Lyons. The
#ro88 earnings and operating expenses of the road for the year
1882
were as
follows:
GROSS EARNINGS.
Freight
Passengers
Mails
Express
Rentals
Misp^llanpons
OPERATING EXPENS ES.
$96,667
35,214
2.400
2,201
22,799
18,919
Conducting trausportat’u
Fuel
Maintenance of way and
rolling stock
Miscellaneous
Total
Total
$178,232
Total net earnings for 1882
'Taxes paid
Net earnings after paying taxes
Percentage of net earnings, after payment of
•;
$44,835
15,903
19,763
18,655
$93,15S
$79,073
3,275
$75,797
taxes, 42*52 per cent.
Dicision.
C. RR of N. J. Div
Newark branch
Earnings.
$5,333,597
-
201,173
High Bridge
Long Branch RR
New Jersey Southern
202,482
170,681
238,915
201440
157,7S8
426.156
Perth Amboy
Lehigh & Susquehanna...
Lehigh & Lackawanna....
Union Coal Co. RR
Spriug Brook RR
Mileage, 1,101.
^
<•
4,295,665
51,812
77,418
1.691
Expenses.
$2,984,203
98,192
146,219
'
NetEarn's.
$2,349,394
Def. 1,308
68,233
102,947
11,578
405,527
1,938,125
34,308
76,757
20,628
2,355,936
c17,504
170
1,520
661
Against these net earnings of $5,091,071 were interest, rentals
amounting to $4,493,794, leaving a surplus of $597,276,
without allowing for any interest on income bonds.
Charlotte Columbia & Augusta.—At a special meeting of
the stockholders of this railroad company, held July 26, it was
determined to issue $3,000,000 of bonds, to be secured by a con¬
solidated first mortgage, to be used in funding all the present
outstanding indebtedness of the company, and in making exten¬
sive improvements in the equipment of the r?ad.
Chicago Milwaukee & St. Paul.—The location of Dakota’s
capital at Bismarck is likely to make that city more of a railroad
centre.
It is announced that the Chicago Milwaukee & St.
Paul Company have begun construction on their branch from
Lechter to Ashton, a distance of seventy-five miles, which will
be completed about the last of August. This line will connect
and taxes
July 28,
Mitchell and Aberdeen, and by
fall Mitchell and Bismarck will
probably be linked together. ' Arrangements have already been
completed for continuing the Milwaukee road from Mitchell
south to Scotland.
follows
: •
$4,962,202
3,240,787
earnings
Working expenses and taxes
Gross
$1,721,415
$1,014,530
27,736-1,042,260
Net earnings from operation
Less interest on bonded debt....
Less rentals
Net income from railroad
Add net proceeds of operating proprietary
Add net receipts from Land Department
Deduct dividends
$679,149
645
roads
546,825
$1,226,619
-
735,397
amounting to 7 per ct. on pref’d stock
$491,222
Balanoe
Common
preferred stock and scrip, $9,848,total of $27,054,166, which increased to $29,333,166 dur¬
The capital stock on Jan.
stock and scrip, $17,205,833 ;
333 ; a
1, 1882, was as follows :
ing the year.
The number of miles of road operated amounts to 1,149’72.
Daring the year the increase of gross earnings was as follows :
Passenger, $366,887 ; freight, $565,103 ; express, $20,134 ; mail,
$289 ; miscellaneous, $15,467.
Daring the year 1882 176,048 acres of land were sold, leaving
750,229 acres unsold.
Rental earnings show a decrease of $27,641, occasioned by
consolidation of the accounts of the St. Paul & Sioux City RR.
Co. with those of the Chic. St. Paul Minn. & Omaha Railway,
previous to which a rental charge was paid by the latter for
the use of the St. Paul Stillwater & Taylor’s Falls RR. between
Lake St. Croix and St. Paul, a proprietary road of the St. Paul
& Sioux
City Co.
obtain the requisite funds
completing the Cleveland extension of the Connotton road
and furnish equipment, it became necessary to form the Boston
Car Trust Association and Cleveland Terminal Trust Associa¬
tion, of which Win. J. Rotch and Francis Bartlett are trustees.
Certificates have been ordered and will shortly be distributed
to subscribers to these trusts.
The car trust subscription was
$140,000 and the terminal $281,400. These amounts bear inter¬
est at 8 per cent, payable in January and July, the principal
payable by the railway company in instalments, of which the
last becomes due in 1889 from the car trust, and in 1890 for the
terminal trust, unless sooner paid.
Denver & New Orleans.—The sale of the securities of the
Denver & New Orleans Railroad, at the instance of the Mercan¬
tile Trust Company, which was to have taken place in Jane and
was postponed by an injunction vacated last week by Judge
Donohue, will take place next September. The holders of trust
certificates are expected to buy in the property. Before the
sale, holders of construction stock hope to secure a representa¬
tion in the reorganization.—New York World.
—The Boston Transcript says that an arrangement has
been made between a number of Eastern and Denver capital¬
ists whereby the financiai difficulties of the Denver & New
Orleans will in a short time disappear, and the company be put
Connotton Valley.—In order to
for
on a solid basis and connection made with the Fort WortR &
Denver City road.
Hopkinton Railroad.—This railroad was sold in Boston this
week for
$40,100.
Kansas City Lawrence & Southern Kansas.—Articles
consolidation have been filed by this company, the Ottawa
of
&
Burlington and the Kansas City & Olathe companies. The con¬
solidated company will be known as the Southern Kansas Rail¬
road Company, and will have $3,500,000 capital stock. The
consolidation will have no effect upon the relations of the roads,
as the Atchison Topeka & Santa Fe owns nearly all the stoek of
the roads, and controls the consolidated company completely.
Louisville Evansville & St. Lonis.—D, J. Mackey, Presi¬
dent of the Evansville & Terre Haute, and other members of
the syndicate, have conferred with Boston capitalists who own
and operate the L. E. & St. L Air Line. The syndicate have
made two propositions; one to purchase, the other to lease the
road, and the L. E. & St. L. Air Line people now have these
propositions under consideration. Should the Evansville &
Terre Haute secure control of the road, it would be their policy
to develop the coal, timber, stone and agricultural resources of
the country along its line. Special attention would be given
its local business.
From another source it is learned that the
Chesapeake & Ohio people want the L. E. & St. L. Air Line,
and that at the present time representatives of the Chesapeake
& Ohio are in Boston taking soundings.—Kiernan's News Ijetter, July 24.
Louisville & Nashville.—The condensed income account for
the fiscal year ended June 30, 1883, compared with 1881-82, is
as
follows:
1882-83.
earnings
Operating expenses (61-11 per cent)
Gross
Net earnings from traffic
Other income from investments
Total.
charges
339,409
$4,569,824
Total
1981-92
$13,214,824
8,075,698
$11,987,744
7,429,370
$5,139,126
132,770
$4,558,374
266,442
$5,271,896
$4,824,816
$4,145,908
$678,908
*
$702,072
Dividend 3 per cent
The
stock
$3*838,863
!S307,045
$4,230,415
:
Surplus
The business of the year was as
1881-82.
1882-83.
Fixed
Taxes
"
Chicago St. Paul Minneapolis & Omaha.—A preliminary
statement of the second annual report of this company for the
year ending Dec. 31, 1832, gives the following information.
Total net income
99
THE CHRONICLE,
1883. ]
543,900
February, 1882
surplus in 1882-83 is equivalent to
outstanding.
$7o2,072
$135,008
$2 81 per share on $25,000,000
Louisville & Nashville—Pensacola.—The directors of the
Pensacola Railroad who were in office when it was sold to the
Louisville & Nashville have formally declared themselves to b8
in possession of the property. Their action is based upon
alleged failure of the Louisville & Nashville Company to
fulfil the conditions on which it acquired the road.
Louisville New Orleans & Texas.—Track-laying on this
railroad is progressing from six points, viz.: From the Memphis
& New Orleans termini; both ways from Baton Rouge, and both
ways from Vicksburg.
The distance from New Orleans to Mem¬
phis is 455 miles, of which 150 miles of track are laid, 100 more
are going down, and the whole will be laid, if completed as now
expected, by June, 1884. It will connect the Chesapeake & Ohio
system with the Southern Pacific at New Orleans, and form a
line from the Atlantic to the Pacific Ocean under the Huntington
management.
Maryland Central.—There has been filed for record a mort¬
gage deed from the Maryland Central Railroad Company to
Geo. S. Brown and William W. Spence, as trustees, of itswhole line of railway and road to Delta, Pa., forty-four miles
in length, with all its property, to secure the payment of
coupon bonds to the amount of $300,000, on or before the first
of July, 1S93. The money to be received from the sale of the
bonds is to be expended in completing the construction and
equipment of the road from Baltimore to Delta.
Mexican National.—The following is taken from the Mexi¬
can Financier: The annual report of the Mexican National
Construction Company for the year ending March 31, 1883,
shows that the stock issued up to Dec. 31, 1882, araouuted to
80,000 shares, at $100 a share. The company has no debt,
neither consolidated nor floating. The number of passengers
now
an
carried
was as
follows
:
71,409
372,239
Toluca division
El 8alro division
Zacatecas division
Northern division
:
.
432,490
24,711
900.856
Total
receipts for passengers were: Toluca Div., $499,689; El Sal¬
to, $68,496; Zacatecas, $38,022; Northern, $59,058; total, $225,267.
The freight receipts were : Toluca division, $4,342; El Salto,
$50,895; Colima, $5,606; Northern, $167,741. * Total, $229,586.
The costs of operation were: Toluca division, $38,543; El Salto,
$153,565; Zacatecas, $33,004; Colima, $7,000. Total, $403,128.
The section from Mexico to Toluca was opened for passen¬
gers Sept. 4, 1882, and for freight, Feb. 6,1883.
The section
from Toluca to Maravatio was opened for passengers and freight
Feb. 6, 1883. The line from Manzanillo to Armenia was opened
for freight Nov. 18, 1882
The line from Laredo to Monterey
was opened to freight and passengers as follows : to Lampazos,
May 12,1882; to Salinas Victoria, Aug. 26, 1882; to Monterey,
Oct. 26, 1882. The line from Matamoros to Monterey is opened
The
to traffic
as
fast
as
it is constructed.
Mexican Southern.—The following item
exchange: The Mexican Oriental and the
Railroadcompanies have been consolidated
the latter company. Gen. U. S. Grant has
dent. The company’s line will extend from
of
is published in
an
Mexican Southern
under the name of
been elected Presi¬
Laredo to the City
Mexico. The old Mexican Oriental contract for the building
310 miles of road is being carried out by the new company.
of
No
new
contracts have been made.
Work began south from
sixty-six miles have already been
completed. Construction work is done by the Southwest Con¬
struction Company, of which George J. Gould is President.
Michigan & Ohio.—The syndicate for each subscription of
$16,500 receives the following block: $15,000 first mortgage
bonds, $15,000 preferred stock and $25,000 common stock. Ter¬
minal facilities have been secured at Toledo, and it is expected
that the road will be running by October 1st.
Missouri State Bonds.—In regard to the status of the con¬
test between the State and the Han. & St. Jo. Railroad Com¬
pany as to the payment of the interest due July, 1882, and
January and July, 1883, on the bonds, and also other interest
in default, a bondholder recently wrote to the Treasurer of
the State.
He replied : “The suit has been decided in all the
lower courts, both State and Federal, invariably in favor of
the State.
Recently it has been appealed, as a last re¬
sort by the road, to the Supreme Court of the United States, but
when a decision will be reached it is impossible to say.” The
Treasurer expresses the opinion that the payment of the bonds
finally is a certainty, but that no coupons, past due or to become
due, will be paid before 1st of January, 1885.
Laredo
on
the 13th inst., and
Norfolk & Western.— The statement of earnings
for June and for six months in 1883 and 1882. is as
June.
/
1883
earnings
Expenses..
Gross
1882.
$203,610
$174,843
119,531
101,991
Net earnings
$84,079
$72,852
Northern Central.—Following is an
the earnings and expenses of this road for
six months of the year:
and expenses
follows:
/—9 mas., Jan. to June.-*
1S03.
1882
$1,209,435
707,499
$1,024,959
620,499
$501,936
$104,460
official statement of
June and for the first
100
THE CHRONICLE.
Jll ne.
,
/—Six mos., Jan.-Tune.—.
1883.
1882.
,
1883.
1882.
$470,164
$465,819
$2,944,614
$2,587,712
$280,984
Operpu*1" < xpensos
Exti i. ordlD ary exp enses
10,935
$282,767
24,140
$1,650,679
216,381
$1,607,443
157,391
Gross earnings
....
Total expenses
$297,919
$306,907
$1,867,060
$1,764,834
Net earnings
$178,245
$158,912
$1,077,554
$322,978
Ohio & Mississippi.—The report of the Receiver of the Ohio
& Mississippi Railway for June, 1883 and 1882, is as follows:
RECEIPTS.
1883.
Casli on hand June 1
From station agents
From conductors
From express companies
From individuals, railroads,
1882.
$59,008
433,925
.9,773
$133,008
35,232
330,805
10,288
1,322
30,043
$538,812
$512,006
$
144,184
154,030
131,736
814
&c
Total
DISBURSEMENTS.
Vouchers prior to November 17, 1870
Vouchers subsequent to November 17,1876..
Pay-rolls
Arrearages
Cash
on
$303
136,174
382
July 1
Total
Pennsylvania
Railroad.—The
394
240,210
243,459
$538,812
hand
$512,066
and net earnings in
June 1882 and 1883 are specially compiled for the Chronicle
in the table below.
In June, 1883, there was an increase of
$63,115 in gross earnings and a decrease of $355,191 in the
net.
For
the six
$1,701,733 in
gross
months there
gross
was
increase in 1883 of
an
and $323,705 in net earnings.
ALL LINES EAST OF PITTSBURG AND ERIE.
Gross
I833
,
Earnings.
Net Earnings.
x
>
1832.
1883.
1882.
$3,929,357
3,712,215
$3,373,321
3,300,750
$1,471,053
March
4,189,380
April
May
4,001,750
4,303,000
June
4,150.871
3,912,293
3,855,850
4,108,877
4,093,750
1,455,427
1.407,831
1,608,074
.1,179,142
$1,0743206
1,079,021
1,415,802
1,319,311
1,700,789
1,534,333
$8,518,820
$8,190,122
January
February....
1,336,694 '
Total
$24,352,579
$22,050,847
As to the lines west ot Pittsburg
....
and Erie, the monthly
reports issued in 1832 and for the current year show the results
below. The company’s report, however, states a gain since Jan. 1,
1883, over the same period in 1882 of only $147,468.
ALL LINES WEST OF
Ntt
Surplus
1883.
January
February
PITTSBURG ,fc ERIE.
over
all Liabilities,
Inc.
1382.
$174,981
Def.104,776
-
$9,741
Bee. in
1883.
or
Inc..
Dec..
Inc..
Inc..
Tnc..
Dec..
$105,240
Def.lG8.3G0
Def. 121,307
30,532
17,047
Def. 101,550
38,880
$182,931
Def.$120,G57
Inc..
$303,588
March
225,951
April
May
149,710
Def. 34,575
June
Total
,
43,409
189,419
132,003
00,981
207,246
Postal
[Vol. xxrm.
—The directors held
a meeting
Thursday and authorized the
statement of the financial condit ion of the road
and of the causes which led to the calling of the
meeting of
stockholders in September, to vote on the
proposed issue of
$2,000,000 new stock. The directors held another meeting on
Friday*- and decided to call a general meeting of stockholders
in Richmond Sept. 12, instead of a special
meeting.
It has been reported confidently (but also denied) that Geo.
preparation of
a
S. Scott has secured control of the Richmond & Danville Rail¬
road. The changes in the stock book recently are said to have
been very slight. The floating debt is now about $800,000.
St. Paul Minneapolis & Manitoba.—The approximate gross
earnings for the year ending June 30, 18S3. were $9,000,000;
operating expenses, $4,600,000; net, $4,400,000; fixed charges,
$1,265,900; dividend, 8 per cent on $20,000,000, $1,600,000;
surplus, $1,534,100. Sinking fund for the 1st mortgage bonds
is derived solely from land sales.
The company has over
2,000,000 acres of land of' an average value of $7 per acre*
All net proceeds of land sales go into the
surplus fund for
redemption of 1st mortgage bonds, of which there are now
$5,750,000 outstanding.—KiernarCs
Shenandoah Valley.—The plan proposed at the last annual
meeting, by which the Norfolk & Western should acquire tho
full control of the Shenandoah Valley, has been carried out to
such an extent that the former now holds
nearly four-fifths of
the capital stock of the latter, and^ will soon have all which
can
be converted.
Toledo Cinn. & St. Louis.—The directors of the Toledo
Cincinnati & St. Louis Railroad Company have determined upon
a petition for the appointment of two receivers for this
property.
The Boston Herald says: “The
company failed to secure
$65,000 of the supplementary “trust subscription” upon which
it depended, and there is said to be $50,000 of the $800,000 de¬
benture bond subscription overdue and unpaid.
Deprived of
these amounts, aud without the gain in earnings which had
been confidently expected, there was no other way for the com¬
pany to* meet construction and other bills except with notes,
which, as everybody knows, merely postpone the day of settle¬
ment.
There is a possibility that the earnings which are
looked for this fall will, if creditors are willing to wait, enable
the company to wriggle through its embarrassment, and eventually to attain to a fair degree of prosperity.”
* * *
“There has been too much mystery, likewise, about the
Seney
deal.
it
The President and
some
of the directors
is
even
have not,
said, understood it. There is a report that the Seney
people would invest $500,000 in the road, and had a plan to con¬
solidate it with some of their properties, but neither cash nor
consolidation is forthcoming, and, if rumor is correct, the three
Seney directors have at most only a nominal holding of the
securities. It looks a little as if the movement was merely
for
effect. Few people, however, know anything about it
except
the head of a leading banking house, who
originated the-
Telegraph Company.—The stockholders of this com¬
pany held their annual meeting in June, and elected the follow¬
ing directors: Hugh. J. Jewett, George W. Cass, Thomas
Dickson, George S. Coe, H. L. H>rton, Joel B. Erhardt, Henry scheme.”
Cummins and George D. Roberts, New York ; Alanson W.
Beard, Boston; and F. W. Peck and E. L. Gillette, Chicago.
U. S. Ronds Called—121st Call.—The folliwing is the text
Mr. Joel B. Erhardt was elected President; Henry Cummins, of the 121st call for the
redemption o; bonds. It is for the :>
Vice-President; John B. Alley, Treasurer, and Henry E. Fan- per cent funded loan of 1SS1, continued at 3/£ per cent from.
shaw, Secretary. Mr. Cummins is reported as saying that Hugh August 12, 1881:
J. Jewett and George S. Coe as trustees had been invested with
Treasury Department, Washington, D. C\. July 20, 1883.
the absolute control of the company for three years. This
By virtue of the authority conferred by law upon the Secretary of the
change in the management, he said, insures the speedy exten¬ Treasury, notice is hereby given that rlie bonds hereinafter indicated
sion of the Postal’s lines to all the principal points in the coun¬ will not Ire accepted for surrender and exchange into 3 per cent bonds,
and that the principal
accrued interest of the bonds liereiubelow
try. “We shall build first from Boston to Philadelphia and to designated will be paidand the Treasury of the United
at
States, in the city
Washington by tlie way of Harrisburg and from Chicago to of Washington, I>, C., on the 1st day of November, 1883, and that tlio
Milwaukee and St. Paul, and also to St. Louis. The line
between New York and Chicago will be opened for business
shortly.
In addition to the extension of the land lines, a con¬
by which one Atlantic cable, and perhaps
two, will be laid immediately.”
—The Tribune also reported lately that—
tract has been made
“
A company called the American British & Continental Cable Com¬
pany has been formed in Loudon with a capital of £150,000, for the
purpose of laying two ocean cables between England and America.
It
is understood that the stock has been subscribed, but it has not
yet been
brought out in London. One of the two cables, which are being made at
the Henley Works, London, will be laid, it is said, before the close of the
present year. Nearly a thousand miles have been manufactured already.
Alderman Hadley, of London, who is now in the United States, signed a
contract on June 20 for an exclusive interchange of business with the
Postal Telegraph Company. The contract is for ten years aud
provides
against the pooling of traffic or the union in any way with other cable
companies. The new company is not prevented from receiving business
from other sources than the Postal Telegraph Company, but all its busi¬
ness for America must be passed over to that
company. On the other
Laud, the Postal Telegraph agrees to give all its business to the new
cable
company.”
Richmond & Danville.—This company has this week issued
its June statement of gross and net earnings on all the lines
operated by it, from which and previous returns
up the following:
June
.—Gross Earn ings.—,
1883.
1332.
—
Richmond & Danville.
,
we
■.
1882.
$258,091
$229,982
131,313
44,094
31,755
23,20 L
130,020
30,217
33,240
16,814
$05,352
40,805
$30,017
4,027
Def. 8,070
Def. 3,910
Def. 9,150
4,3.13
4,488
$489,114
$452,279
$100,481
$07,139
Richmond & Danville. $1,704,800
729.257
$1,074,018
$705,711
$453,707
203,502
393,779
049,702
332,821
191,057
360,808
171,959
70,590
335.407
51.710
140,304
95,523
123,123
40,110
$3,401,074 $3,037,131
$1,370,411
$770,090
Virginia Midland
Charl’t’e Col. A Aug..
Columbia & Greenv...
West. No. Carolina...
Total
Jan. 1 to
July 1 —
Virginia Midland
Charlotte Col. & Aug..
Columbia & Greenv...
West. No. Carolina....
Total
demption.”
Where checks in payment are desired in favor of any one
assigned to rlie “ Secretary of the
Treasury for redemption for account of
.” (Here insert the name of
the person or persons to whose order tHo check should be made payable.V
but the payee, the bonds should be
Charles J.
Folger, Secretary.
have made
Xct Earn i ngs.
1S83.
interest on said bonds will cease on that day, viz.: All registered bonds
of the acts of July 14, 1870, and January 20, 1871. continued
during
the pleasure of the Government, under the terms of circular No.
52,
dated May 12, 1881. to bear interest at the rate of 3L> per cent
per
annum from Aug. 12,1381, and which coustitue the residue of those
issued under the acts of July 14, 1870, and January 20, 1871,
known as continued 5s, and which have
not
heretofore
been
called, or which have not been ottered for surrender and ex¬
change into 3 per cent bonds of the act of July 12.1832. Tue bonds
embraced in this circular are those last dated and numbered, as
required
by section 3 of the act of July 14, 1870, and include those which have
been issued on transfers since the one hundred and twentieth call was
issued. The three months’interest due Nov. 1, 1833, on tlie above- lescrined bonds will not be paid by checks forwarded to tlie holders of the
bonds, but will be paid with the principal to the holders at tin; time of
presentation. Any of the bonds embraced in this call will be redeemed
prior to their maturity upon presentation to this Department, interest
being paid to the date of such redemption. Bonds forwarded for re¬
demption should be addressed to the “ Secretary of the Treasury, Divi¬
sion of Loans, etc., Washington, D. C.,” aud all the bonds called
by this
circular should be assigned to the “Secretary of the
Treasury for re¬
45,100
2,420
—Manuel des Fonds Publics et des Socictcs par
Actions,
is the title of a very elaborate work published in
Paris, of
which Mons. Alph Courtois fils is the author and
compiler.
This is the eighth edition of this important statistical work, and
it now embraces no less than 1,282
pages, filled with
closely-
printed matter. Particular information is given in regard to
the pub.ic debts of the different countries of the
world, and
also the different corporations of all classes which have their
securities dealt in at the principal Exchanges of Europe.
—At a recent meeting of the directors of the Bank of North
America, 44 Wall Street, Mr. Alvah Trowbridge was appointed
acting cashier during the absence, by reason of ill health, of
Mr. F. W. Whittemore, the cashier.
,
Jui.y 28,
THE
1833.]
101
CHRONICLE.
COTTON.
JjJlxe Commercial jinxes*
COMMERCIAL EPITOME?
Friday, P. M., July 27, 1883.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (July 27) the total receipts have
8,296
reached
last week, 11,024 bales the previous
The “strike” of the telegraph operators continues nearly week and 11,914 bales three weeks since; making the total
general, only one of the smaller companies having made terms receipts since the 1st of September, 1882, 5,933,490 bales, against
with its employes. Communication is still much impeded, espe¬ 4,654,991 bales for the same period of 1881-82, showing an
cially with the South. Disturbing rumors have been circulated, increase since September 1, 1882, of 1,278,499 bales.
unsettling speculative values. Regular trade has not suffered
Total.
Fri.
Thurs.
Mon.
Tues.
Wed.
Sat.
Receipts at—
so much as speculative dealings, but in perishable fruits and
711
583
3,627
701
62
718
832
vegetables much loss has been suffered through the non-receipt Galveston
43
43
of orders from the summer resorts. Needed rains have fallen
Indianola, Ac.
336
219
2G2
293
2,145
913
in the extreme Northwest, benefitting the spring-sown wheat,
122
New Orleans...
1
4
250
2
241
and generally the weather so far as is known has been more Mobile
2
Friday Night,
July 27, 1883.
bales, against 9,208 bales
,
....
....
....
....
....
....
....
?
.
.
•
.
....
favorable to the growing crops.
speculation in provisions is still interrupted by the
obstruction to quick telegraphic communication between here
and Chicago. It is said that the service is better, but certainly
the movement here has not responded. As a rule the range of
prices is better, and in some quarters, particularly lard, an
improved export movement can be reported. To-day opened
The
steady, but a selling movement was inaugurated, and prices fell
away; August options realized 9T5@9’10c.; September, 9 250
924c.; October, 9'35@9 28c.; seller year, 8'90@S’91e., closing
weak at*9T0c. for August, 9 24c. for September, 9’27(5)9‘28c. for
October and 8 90c. for the year. There were sales of prime
Western on the spot at 9*14@9T6c.; refined to the Continent
was quoted at 9’50c. and South America at 10c.
Pork sells
in a fair way for prompt delivery at $15 90@$16 12/6 for
mess.
Bacon is dull but? steady at 8/£@85/6c. for long clear.
Florida
Savannah
10
27
Brunsw’k, Ac.
Royal, Ac.
Wilmington ....
Moreli’d C.,Ac
Pt.
....
14
33
27
2
35
....
5
...
....
2
24
....
....
....
2
2
46
160
....
21
....
....
....
Charleston
....
21
j
....
....
61
....
127
Baltimore
Philadelp’a, Ac.
.
.
.
.
....
....
....
....
....
....
....
....
.
.
.
1,380
1,023
51
1,393
1,365
9
....
5
5
S6
844
100
100
6
....
....
.
—
Totals tliis week
.
....
....
.
.
....
1
258
6
....
.
.
356
•
....
Boston
.
....
11
Norfolk
West Point, Ae
New York
.
179
1
....
‘
....
....
....
....
10
23
....
233
233
....
600
600
7
...
25
897
....
2,238
76
8,296
For comparison, we give the following table showing the week’s
quiet and unchanged at $17@$18 for city extra India total receipts, the total since Sept.l. 1882, and the stocks to-night
mess.
Beef hams wery firm at $35 for Western prime. Butter
and the same items for the corresponding periods of last years.
is slightly irregular, but cheese sells well for export at lOj^c.
Slock.
1881-82.
for the best colored.
Tallow has been easy, and to-day sales
188 2-83.
Receipts to
of prime were made at 7 7-16@7/6c. Stearine is quiet at 11^(6)
Sitice Sep.
This
Since Sep.
This
1883.
1882.
July 27.
ll.^c. for prime and 10/26* for oleomargarine.
;
Week.
1,1881.
Week.
1,1882.
Rio coffee has been quiet as a rule, though on one day there
164
1,529
427,059 10,187
Galveston
837,334
was a very good business ; the market closed dull and nominal,
3,627
20
13,769
43
16,981
Indianola,Ac.
however, at 9c. for fair cargoes ; options have advanced slightly,
675 1,184,779 60,621
26,367
2,145 1,662,934
though for several days past the sales have been light; No. 7 New Orleans...
239
263,121
1,165
5,261
250
311,131
sold to-day at7@7’5c. for August, 7‘20@7‘25c. for October, 7’35c. Mobile
27,211
18,444
for November and 7’45c. for December. Mild grades have been Florida
220
728,271
1,845
2,750
160
in fair demand and firm. Tea has been firm at auction for Savannah
810,516
.7.026
5,508
Brunsw’k, Ac
green, while Japan and Oolong have been weak.
Spices have
555
149
497,390
2,436
179
been fairly active for jobbing lots at steady prices, though Charleston
565,799
2
24,516
Pt. Royal, Ac.
24,601
large invoices have been quiet. Rice has been firm for choice,
490
20
134,907
of which the supply has become reduced, but the lower grades Wilmington....
1,241
9
127,294
6
have been sohiewliat irregular; the feature of the trade in
26,580
5
M’liead C., Ae
19,512
906
2,031
613,761 19,048
844
797,789
foreign rice was the large sales of Rangoon for export to Norfolk
437
Cuba. Molasses has been quiet but steady, with 50-degrees
194,939
100
West Point, Ac
227,646
test refining still quoted at 27c.
669
144,572
161,809 172,625
Raw .sugar has been fairly New York
23
137,862
active and steady at 6%@6 13-16c. for fair to good refining, Boston
5,300
6,280
231,026
1,507
233
190,659
and 7%c. for 96-degrees test Cuba refining. Refined lias lat¬ Baltimore
948
7,626
25,664 15,805
600
67,910
74
7,831
terly been quiet; crushed closed at 9%@9%c.; powdered at Philadelp’a,Ac.
93,163
5,768
76
111,570
granulated at 8%c., and standard “A”8%@S/£c.
Total
8.296 5,933,490
6,12614,654,991 322,022 199,311
Kentucky tobacco is steady. There have been reported sales
of 94 hhds. for export and 111 hhds. for consumption; The
In order that comparison may be made with other years, we
general impression is.that a much larger movement has taken give below the totals at leading ports tor six seasons.
place, but definite particulars were refused. Lugs are quoted
1878.
1879.
1880.
1881.
1882.
at 5@6^6c., and leaf at 7@9/6c.
Seed leaf has been less active, Receipts at— 1883.
572
689
238
but all prices are still unchanged, although the feeling in some Galvest’n.Ac.
184
1.744
3,670
250
859
instances is easier.
200 cases 1881 crop, State, 7@10c.; New Orleans.
2,482
675
3,985
2,145
72
446
289
50 cases 1881
974
239
crop, New England 12@16c ; 100 cases 1S82 Mobile
250
562
2S0
512
220
1G0
1,700
crop, do., private terms; 125 cases 1881 crop, Pennsylvania, 9(5) Savannah....
37
415
300 cases 1882 crop, Charl’st’n, Ac
458
12c.; 150 cases 1882 crop, do., 15(51Sc.,
151
1,473
179
31
106
79
166
Wise., Havana seed, private terms, and 100 cases sundries 6(5 Wilm’gt’n, Ac
26
14
185
651
18c.; also 400 bales Havana, 88c.@$1 10, and 100 bales Sumatra, Norfolk, Ac..
2,078
944
2,023
1,433
551
$1 10@$1 50.
3,100
1,076
A.11 others....
934
5,101
3,198
Rosins have been quiet.
The export demand is checked by
3,671
10,859
2,503
16,151
6,126
8,296
present rates of freight; strained to good strained cannot be’ Tot. this w’k.
quoted above $1 57/6<5$l 62}2. Spirits turpentine has been the Since Sept. 1. 5933,490 4654,991 5757,558 4890,902 4436.156 4260,090
feature of the naval store market; liberal sales have been made
Galveston includes Indianola; Charleston includes Port Royal, Ac.
on the spot at 37>ic., in view of the limited offerings of strictly
Wilmington includes Morehead City, Ac.; Norfolk includes City Point, Ac
prompt lots; August options have been taken at 37c. To-day bet¬
The exports for the week ending this evening reach a total
ter arrivals are at hand, and yard parcels wavered to 37(537/6c.
of 14,449 bales, of which 9,556 were to Great Britain, 2,934 to
It is said that a liberal “short” interest exists at the Sout’h, in
France and 1,959 to the rest of the Continent, while the stocks
view of the larger shipments from the producing centres.
as made up this evening are now 322,022 bales.
Below are the
Refined petroleum has had a larger export movement. To-day,
for late August and early September deliveries, there were exports for the week and since September 1, 1882.
Week Ending July 27.
From Sept. 1,1882, to July 27,1888.
liberal sales at 756c. for 70 Abel test. The market has been
Exported to—
Eocported to—
influenced by the advance in crude certificates, which is based
Exporta
Conti¬
Great
Conti¬ Total
Oreat 1
on a curtailed production.
The opening price to-day was $1 08,
Total.
from—
Brit’n.lFrance nent. Week. Britain. Frame nent.
highest &1 11%, lowest $1 08, closing at $1 0854. with sales at
160,593 517,519
the two Exchanges of about 17,000,000 bbls. Ingot copper is Galveston
317,598 39,325
849,707 289,555 439,216 1,578,478
4,053
119
1,600
2,931
steady at 15@15%c. for Lake. A better business in American New Orleans..
45,290
1,150
34,840
9,350
and Scotch pig irons has been noticed, and the undertone is Mobile
100
100
Florida ’
strong. Steel rails have sold well at the mills at $38, and at $39
418,998
283,0 >8
110,312 25,6.T8
Savannah
Oils and hops are dull, but wool shows a slight
at tidewater.
131.080 24,715 217,015 372,870
Charleston *...
improvement.
57,762
4,590
53,172
WilminRton..
In ocean freight-room a better business has been effected.
372 728
28,985 401,713
Norfolk*
Berth tonnage is now consider quite firm, but the interest has
158.367
714,158
51
6,373 520,321 29,470
New York
6,3-22
443
been chiefiy centered in petroleum vessels, which have been
184,053
183,610
985
965
Boston
242.110
64 199
more active*at stronger rates.
173,088
Liverpool steam grain quoted Baltimore
458
308
4,823
150
103,879
3,386
100,493
at 5d.; flour, 15s.; bacon, 17s. 6d.(520s.; cheese, 30(540s.; cotton,
2,000
2,000
Philadelp’a;&c
%d.; grain to London by steam, 5d., 60 lbs.; do. to Avon422,^59 1,361,022 4,636.930
2,934
1,959 14,449 2,852,919
Total
9,556
mouth by steam, 6d., 60 lbs.; do. to Antwerp by steam 6d.;
802,905 3.506 834
502
3,861 15.559 2,325,002 878,927
Total 1881-82 11,193
do. to Marseilles by steam, 2s. 6d. per qr.; refined oil to the
Beef
was
O
......
......
♦
,
'
••••••
......
•
......
......
•
•
•
•
.
.
......
......
......
•
......
......
......
......
....
•
.
......
......
......
•
......
......
•
•
•
•
.
......
......
'
...
......
......
vessel was reported at 4s. 9d.;
Antwerp, 3s. 4/£d.; crude do. to Marseilles, 4s.
Baltic, 4s. 6d.,
and*
one
do.- to
Includes exports from Port Royal, Ac.
t Includes exports from West Point. Ac"
♦
•.
......
102
THE CHRONICLE
In addition to above export3, our telegrams
to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
k®i
are
prepared for
special
our
On
July
27,
at—
Great
Britain.
New Orleans....
Savannah
Galveston
Norfolk
New York
1,482
5,000
2,000
Total 1883
Total 1882
Total 1881
1,482
11,067
2,961
19*783
.....
P
6
150
4,178
None.
50
100
50
ICO
100
1,109
None.
None.
1,744
17,243
200
2.364
I
violent
not being
renewal of
was a
July 21 to
July 27.
Sat.
Ordin’/-$k>
in on Toes
7iie
Good Ord..
Six. G'd Ord
7%e
7i*
Strict Ord..
7%
8&10
9
O I
05
"He
8916
9%
9%
9%
91*10
10
10
10%
10%
11%
1L%
10%
Th.
Frl.
Z!16
7%
"He
7%6
Ordin’y.^Tb
Strict Ord..
Good Ord..
Str. G’d Ord
7%
7%
8&16
9
9
9%
91*16
8*16
9l%€
11%
10%
10%
11%
11%
Midd'g Fair 11%
10
10%
Good Mid.. 10%
Btr.G'd Mid 10%
9%
11%
12%
Th.
10%
11%
11%
Frl.
7516
9,0
7%
8*,6
S9ig
9%
9%
75,6
7%
8916
9%
9%
9%
9%
8916
101,6 101,6
10%
11%
12%
11%
12%
Sat.
75,6
7%
8916
10%
10%
10%
75,6
101,6
Middling;.
101,6
11%
12%
6%
6%
6%
7°I6
6%
75,6
75,6
75,6
8
8
8
8
9%
9%
9%
9%
8
9%
MARKET AND SALES.
SALES OP SPOT AND TRANSIT.
SPOT MARKET
Ex¬
Conport. sump.
CLOSED.
Sat.. Steadier...
Mon
Barely steady...
Toes. Firm
.
Wed
Qtiiet
Thura Quiet
Fri.
Quiet
186
316
390
239
676
293
527
430
2.150
957
500
....
500
14
.
.
....
Total
lilt;
1.014
<mufrutMiv.
vious to that
on
The Sales
fi.
Specut’Vn
tn V.MI atiovr* rti
•
-
^
m
m
^
m
_
n
which they arc reported.
Prices
-
Tran¬
Total.
sit.
....
....
-
-
•
•
186
816
390
789
1,217
FUTURES.
Sales.
Deliv
tries
63,000
75.600
95,700
75.100
81,200
723 176,400
4.121 567.000
delivered ru»e
day
200
200
lcO
200
....
700
pre¬
Futures are shown by the follow
this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total
sales.
and
of
io£ comprehensive table. In
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The total sales for forward delivery for the week are
567,000
bales. For immediate delivery the total sales foot
up this week
4,121 bales, including 1,014 for export, 2,150 for
consumption,
957 for speculation and
in transit. Of the above, — bales
were to arrive.
The following are the official quotations for
each day of the past week.
UPLANDS.
M
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prices, middling uplands
cents.
(X)
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2; M
lit
o«
O'
233,270
cent—the smallest* that oldest operators could recall.
To-day
the opening was sluggish and the close
slightly dearer for
the more distant deliveries.
Business was quite active.
There were notices of free deliveries on
August contracts.
Cotton on the spot has been fairly active for home con¬
sumption, with some business for export and speculation.
There were no quotable changes in
closing at 10
^EE
©
00
^
M (X)
confirmed, prices fell off. Yesterday there
reports of the spread of caterpillars, with
Liverpool looking stronger, and we advanced 4@8 points, except
August, which was only 1 point dearer; and the anomalous
irregularity was presented of September selling in July for
more than August or
July. The distant deliveries improved
most, but the whole range between July, November and
January, inclusive, was only 20 points, or one-fifth of a
rumor
■
—,
CO
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66
193.150
<rfr
§3f!
P.
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4
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Wednesday, this
on
•
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00
had swept over
storm
©
p
6
®
mm
Saturday such weather reports as were at hand from the
South were interpreted unfavorably. From various
points
there were reports of drought more or less
severe, and from
Alabama the advices spoke of
caterpillars.
They had not
done much damage, but were
spreading. A sharp advance
in futures was the
consequence. On Monday the changes
were slight and
irregular, but on Tuesday there was a further
a
B ©r*»
Jv. ®
®
K)C
rumors have obtained circula¬
were variable and not without
irregularity. On
Mississippi; but
*
□
to
Disturbing
advance on the rumor that
the valley of the lower
.
® ®
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rS o
:
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<*}
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§®® §•
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el--*
©
p © O
by telegraph with the South has been
much delayed, and with many points
wholly interrupted during
the past week, owing to the continuance of the strike of the
operators. Intercourse by cable with Europe has, however,
tion, and values
p;
.
I
«3
p, <-«
Communication
suffered but little.
Ki
05
0C-4o
1
® Q
E
vj
2:
:
:
m'O
®
304,779
6,161
24,489
j
V,
*
0*
5,261
2,386
2,650
6,787
17.583
167,075
26,591
2,500
1,465
1,233
^ 3
k-*
^
O'
'
®
*1 S3
Su
pip<
.
76,443
3,400
1,465
5,550
2,850
p*
PS
1—50 t—.
P
P ®-
Q,
a>
None.
2,950
P
•
CD ©
9 ®
Stock.
Total.
®
«
2e®
3
CD
..
^
oo -
•
29
None.
NoneNone.
None.
None.
550
500
m
®o a>
S' ® ®
91
©
Leaving
Coast¬
wise.
1,900
None.
None.
None.
None.
None.
None.
None.
3.300
None.
Other ports
to
O
3*
Other
| France. [ Foreign
None.
2.
®
Shipboard, not cleared—for
767
None.
None.
Mobile
Charleston
®»
by Messrs. Carey, Yale &
use
Lambert. 89 Broad Street.
.3
ootf
miM biI
f*
%
<
ns
[Vol. XXXVII.
©: :
•
1
Mi|
1 ©: :
•
Mi
1
,
Includes sales in September, 1882, for September, 500,200;
September-Ootober for Ootober, 845.600 ; Sentember-November
for November,
731,000; September-Decentber for December, 1,097,400;
SeptemberJanuary for January, 2,070,200; Septemoer-February for February.
1,300,200; September-March for March, 1,969,400;
Septeraber-April
for April, 1,713.300;
September-May for May, 2,726,800; September,
June for June, 2,932,700.
Transferable- Orders—Saturday, 10*05c.;
Monday, 10 05c.; Tuesday,
10 10c.; Wednesday. I0*05c.; Thursday,
lO'lOc; Friday, 10'lOc.
Short Notices for August—Friday, 10*04c.
The following exchanges have been made
during the week.
28 pd. to exoh. 100 Nov. for
01 pd. to exch. 100 Aug. for
Aug.
Sept.
•28 pd. to exch. lOo Nov. for Aug.
•18 pd. to exch. 500 Dec. for Aug.
01 pd. to exch. 1,100 Sept, for Aug.
•02 pd. to exch. 900 Aug. for
Sept.
200 Sept, for Aug. even.
•02 pd. to exch. 100 Aug. for Feb.
800 Sept, for Aug. even.
•14 pd.to exch.300 July for
Aug.n.n.
14 pd. to exch. 100 Oct. for Sept.
•15 pd. to exch. 200 Aug.
for n. n.
•14 pd. to exch. 500 Aug. for n. n.
02 pd. to exch. 200 Aug. for
Sept.
05 pd. to exch. 500 Sept, for n. n.
•16 pd. to exch. 500 Dec. for
Aug.
till 20th.
•03 pd. to exch. 700 Aug. for
Sept.
•11 pd; to oxch. 500 Jan. for
•02 pd. to exch. 900 Nov. for Dec.
Aug.
•20 pd. to exch. 200 Dec. for
*10 pd. to exch. 300 Oct. for
Aug.
Aug.
•14 pd. to exch. 200 Aug. for n. 11.
•06 pd. to exch. 1,000 Jan. for Aug.
10 pd. to exoh. 1,000 Jan. for Sept.
•04 pd. to exch.200 Aug. for
Sept.
■
-
THE
1883.
July 28,
The Visible Supply
Cotton
ob
to-night,
CHRONICLE.
bales more than at the same period last year. The receipts at
the same towns have been 2,637 balas more than the same week
made up by cable
as
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the alloat, are this week's returns,
and consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
figures for to-night (July 27), we add the item of exports from
the United States, including in it the exports of Friday only.
last year,
are
1883.
Btook at Liverpool
Stock at London
1881.
1880.
730,000
72,500
780,000
43,300
745,000
999.700
3,800
808.500
2,600
21,800
13,800
1.900
1,300
823,300
2,900
135,000
193.000
4,800
78.800
22,000
12,100
36,600
5,000
59.100
17,000
14,000
6,600
7,300
9,800
48.700
34,000
2,300
8,500
127,000
9.900
71,000
Total continental stocks...
1,100
and since September \ the receipts at all the towns
751,594 bales
ending
July 27.
16.600
Satur.
2.980
931
7,230
218.200
350,320
234,191
322.000
62,000
185,000
53,033
21,000
199.311
23.044
280.000
169.000
17.000
257.759
40 926
Btook in United States ports
410
3,100
6.200
322,022
.
Stock in U. 8. interior towns.
United States exports to-day.
.
104.000
17.000
197.777
49,631
1,000
.2.064.365 1,657,155 1,914,505 1,591.899
Of tbe above,the totals of American and other descriptions are
follows
as
American
Liverpool stock
007,000
420.000
Continental stocks
American afloat for Europe....
United States stock
United States interior stocks..
211,000
75,000
60.000
62,000
322,022
53,033
199,311
23,044.
3,100
258.000
..
London stock
Continental stocks
44.700
..
126,200
265,000
..
..
18,000
Total East India, <fco
Total American
711,900
..
..
128.0'»0
10 i,000
6,200
107.777
49.631
1,000
985.408
310,000
72,500
143,200
322.000
21,000
..1.352,465
Liverpool stock
505.000
788.455 1,318,885
410
Total American
Bast Indian,Brazil, die.—
507,000
248.000
160.000
257,750
183,000
43.300
17.000
863,700
625,620
606,49 i
985.408
738,455 1,313,885
.1,352,465
.2,064.365 1,657,155 1,914,505 1.591.899
2,01)4.365 1.657,155
Total visible supply
Pr.ee Mid. Upl., Liverpool
57i(jd.
5716d.
Vi^d.
Tiled.
•
•
6»'ilcd.
6l3lc:i.
6i310it.
5^~The imports into Continental ports this week have been
30,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 407,210 bales
increase of
an
ponding date of
as
compared with the
same
date of 1882*
119,860 bales as compared with the corres¬
1881 and an increase of 472,466 bales as com¬
the stocks
to-night, and the same items for tli- corresponding
period of 1881-82—is set out in detail in the following statement:
to
S'.
Norfolk
Boston
Baltimore.
*P7*
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Tina year’s figures estimated.
The
M
to
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''
above totals show that the old interior stocks have de¬
creased
during the week 2,139 bales, and
are
9%
944
1«>J4
944
10^4
97q
982
95p®^
9 Lj
958 0- ^
9^
9 Lj
9 5ft
98>
9^*3
9 hi
9 hi
9Bft
9%
9r>8
95ft
95g
9 Lj
9^
978@ 10
978^10
IO L}
1
97g-a>io
97b® iO
10^
9580 ?4
9 ^ <5544
98i
95ft
9i«
'
Receipts from the Plantations.—The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations.
Receipts at the outports are some¬
times misleading, as they are made up more largely one
year
than another at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include overland
receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the one-ports.
RECEIPT8 FROM
Week
1881.
**
19
25
June
1882
18'3.
•19.150
May 11
“
tit'k at I nterior Towns.
Receipts at the Ports.
cndtnn—
25.881
PLANTATIONS.
1881.
[ 1882. | I8.v3
42.415
....
20.804
13.981
1H81.
3\539 117.173 !04
114.079
22.662
9.515
21.639
3-G 195,^26
”
15.021
3*1.420 136 470
25.456 109 360
28.218
13.058
2’.5 3
96.947
72 403:
i K 703
13.809
12.395
91 230
69. 5
88 210
17.7o9
20.062
9.288
>{
11.497
7 Mil 7
50.417j 79.509.
8.049
“
20
19.906
2.564| 30.233
6517
10 703
2.07»
y
19.540
5,433
14.4U)
1.011
1,872
1*5
2.760
2.012
7.052
19.103
27
72 891
42,813
74,f’-17
12.9:7
11 024
71.11**3
35 454
63 762
19,311
9.L0
31 < 23
04 23»
it.115
5,3.8
4.685
0 120
9,293
6.290
65 75'
16.: 51
....
11 914
8.142
19.302
.....
5).5d(>
18.: 99
0
13
“
8.669
15.785
23.470
29
July
15.951'
22
“
32.042
29,432
15
"
1
8
1383.
"
2,342
0’8| 125 505
98 5-5
8
*•
1H.S2,
28,659 10,184" 1 34,134
50.5:5 19:9 62 117 630,147.94 i
43.970 174,8 9 115.485 133.H71
36.85!
....
Rec'-pts from Plant’ns
5'*.27:
2** 2:6
* 1 029
8.)57=:
2. >0
5 686
The above
5,139
That the total receipts from the
were 5,978,634 balas; in
L8 il-82 were 4,637,842 bales; in 1880-81 were 5,776,997 bales.
2. That, although the receipts at the out-ports the pavt week
were 8,296
bales, the actual movement from plantations was
only 5,636 bales, the balance being taken fr -rn the stocks at
the interior towns.
Last year rh- receipts from the planta¬
tions for the same week were 2,750 bales and for 1881
they
were S.672 bales.
statement shows—1.
plantations since September 1, 1882,
of
Cotton
in
Sight July
27 —In the table
below
stocks
July 27 in
of September 1
*
18 70-80.
i. (551.9 91 5,75 7,558 1,800,902
on
45.1-14
plantar’ns 7,9/' 6 } 1
< 3T.OPS
Net overland to July I
Southern eonsumpt n to July P
3 18.021
Total in sight
1880-81.
July 27
Decrease from
n:,l t:
i.‘ [)7
10,13''
8 12 5,776.007
4'* 4
229.0
37.507
1.02 <.4
9
:><
195,001
167.000
6,93;,332 5.3U1.I78 U,4SL70»
...
f»iM*,70P
>,06 !,065
)•
8.256
September 1.
It will be seen by the above that the Inomase in amount- in night
to-niyhr. as compared with last year.
1 .•*'•).{. I 5 J hah*?*, as co njured
with 1830-81 is 452,536 bales, and with 1879-30, 1,27j,CJ7 bales.
to
H
00 tO OQ M
OI r-»
Cl b- K)<J >-> 00 ©
•
97e
9h:
10^
95ft
95fl
Weather
to
97e
98i
934
1014
9 83
s
CD
CO
,-U l~i
97e
9Lj
9^
IOI4
978
Tot. receipts from
S3 ■8*
TO
j
©
M
co to
A
*
978
9\
10^4
9hl
934
10ki
r*L}
9^2
..
8t. Louis
Cincinnati...
Louisville....
excess
&
co
x:
9a532
97ft
95ft
9\
10ie
Memphis....
Interior
«o
x
9KlI6
9916
94t
Receipts at tlie ports to July 27
•—i
1
X
9^
934
9is16
978
95g
9 81
1,-8 2
OOJ-1 © £*-©©CD f- CUE. x© -c© ©
cd*© Lio oo2. oo © ci ci ©© Vi cdd-Ic £-ooc>
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99te
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9*16
9916
9L>
H* 00 X CO
j
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99, s
»®1Q
give the receipts from p!.j»o.rar.u>us in another form, and
add to them the net overland movement to July 1, and
also the takings by Southern spinners to tile same date, so as to
give substantially the amount of cotton now in sight.
;
•
99,6
■9®w
we
i'sV*: a *• 'gs; »:*
gs: >: • *
•
—
(C* Cl
:
W C. C
CD;
Cl r- © CD © •
tl -1 U
j
: : «:
Fri.
9*2
Philadelphia.
Amount
a
Thurs.
9916
Wilmington..
pared with 1880.
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
We cl ties.
9°is
Mobile
Savannah....
Charleston...
106,101
185.000
17,000
102,320
280.000
Tucs.
New Orleans.
210,00*
58,300
40.9 20
Mon.
Galveston....
Augusta
e
time in 1851-2.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON-
Week
38.800
265,000
69,060
18.000
B
same
58,300
337,200
.
than for the
more
Quotations for Middling Cotton at Other Markets.—In
the table below we give the closing quotations of
middling
cotton at Southern aud other principal cotton markets for each
day of the past week.
803,300
4,300
51,000
38,400
4,420
2,500
18,000
Total Great Britain stock
Btook at HauiDurK
Btook at Bremen
Btook at Amsterdam
Btook at Rotterdam
Btook at Antwerp.
Stock at Havre
8took at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
1982.
955.000
44,700
bales.
103
to-night S&,989
Reports
by
Telegraph.— Oh*
telegrams
are
again backward on account of the operators* strike, but. so f.u:
Us received they indicate some relief from the drought in
Georgia, but damage from caterpillars is reported in other
sections. It is to be remembered, with reference • to the
appeararce of caterpillars, that they cannot multiply to a very
harmful extent during a continuance of dry weather.
Galveston, Texas.—Telegram not received.
Last week it raiued lightly on two days, the rainfall reaching
seven hundredths of an inch.
Locally we needed nun badly,
but not at all in the country.
There never has been a
more promising crop than that now growing throughout the
State. Four new bales were received here during the week, and
about two dozen at different points throughout the State,
Cotton is
opening fast.
and lowest 79.
Average thermometer 87, highest
THE CHRONICLE
Indianola, Texas.—Telegram not received.
Last week the weather was warm and dry. Crops were good
but needed rain. Two bales new cotton were received.
The
76 to 93 and averaged 83.
Dallas, Texas.—Telegram not received.
Last week it was showery on one day, and the rainfall
reached nineteen hundredths of an inch. Crops unquestion¬
ably very fine. Average thermometer 85, highest 101 and
thermometer ranged from
lowest 69.
Brenham, Texas.—Telegram not received.
The weather was warm and dry last week,
and
crops were
promising. Picking will begin early. The ther¬
mometer averaged 85, and ranged from 71 to 99.
Palestine, Texas.—Telegram not received.
The weather was warm and dry all last week. Crop pros¬
pects were never better. The thermometer ranged from 72
to 94, and averaged 83.
1
Huntsville, Texas.—Telegram not received.
We had warm and dry weather last week, and crops were
amazingly fine. Average thermometer 85, highest 98, lowest 71.
Weatherford, Texas.—Telegram not received.
Dry weather prevailed here last week. The weather was
hot but crops were fine.
The thermometer averaged 79, and
ranged from 62 to 96.
Relton, Texas.—Telegram not received.
The weather was warm and dry all last week. Crops were
splendid. The thermometer ranged from 72 to 96, and aver¬
aged 84.
•
Tilling, Texas.—Telegram not received.
We had no rain last week, but a good shower would have
been beneficial to cotton, which promises fairly.
Corn makes
only half a crop. The weather was terribly hot, the ther¬
mometer having ranged from 73 to 101, and averaged 87.
There was plenty of open cotton in every field.
New Orleans ' Louisiana.—It has rained on four days of
the week, the rainfall reaching one inch and thirty-one hun¬
dredths.
The thermometer has averaged 84.
Last week we
had no rain.
The thermometer averaged 85.
Shreveport, Louisiana.—Telegram not -received.
Vicksburg, Mississippi.—It has rained on two days of the
week, the rainfall reaching eighteen hundredths of an inch.
The thermometer has ranged from 73 to 96, averaging 82.
Meridian, Mississippi.—The weather has been warm and
dry during all the week; we are needing rain. The thermome¬
ter has ranged from 76 to 103.
Columbus, Mississippi.—We have had no rain during the
week.
Average thermometer 87, highest 107 and lowest 64.
Little Rock, Arkansas.—It has been clear on five days of
the week, and cloudy on two days, with rain on one.
The
rainfall reached sixty hundredths of an inch. The thermom¬
eter has averaged 81, ranging from 69 to 94.
Memphis, Tennessee.—Telegram not receivedNasliville, Tennessee.—It has rained on one day of the
week, the rainfall reaching fifty-two hundredths of an inch.
Accounts from the interior are conflicting. Average ther¬
mometer 80, highest 94 and lowest 63.
Mobile, Alabama.—We have had showers on four days of
the week, the rainfall reaching fifty-two hundredths of an
inch. Accounts from the interior are conflicting.
Cater¬
pillars have appeared, and, although the injury done is as yet
limited, much damage is feared. Much poison ordered. Ther¬
mometer lias averaged 82, ranging from 72 to 97.
Montgomery,, Alabama.—We have had rain on three days
of the week, which has helped materially, as rain was badly
needed. The rainfall reached thirty-two hundredths of an
inch. Caterpillars are spreading, and it is reported that much
damage has been done in some localities. Planters are buying
poison freely. The thermometer has averaged 83.
Selma, Alabama.—The weather has been warm and dry
during the week. Crop accounts are less favorable. Caterpil¬
lars have appeared, but the injury done is as yet unimportant.
The thermometer has averaged 81.
Madison, Florida.—Telegram not received.
Macon, Georgia.—We have had showers on three days of
the week, and they have done much good.
Caterpillars have
certainly appeared, though the injury done is as yet limited,
but much damage is feared.
The thermometer has averaged
82, the highest being 96 and the lowest 69.
Columbus, Georgia.—It has rained on one day of the week,
the rainfall reaching one inch and eighteen hundredths.
Caterpillars are reported everywhere, and it is claimed that
great injury is undoubtedly being done. The thermometer
has averaged 85, ranging from 77 to 96.
Savannah, Georgia.—We have had rain on two days of
the week, the rainfall reaching eighty hundredths of an inch.
The weather has been pleasant.
The thermometer has ranged
from 75 to 99, averaging 84’5.
Augusta, Georgia.—It has rained lightly on three days of
the week, benefitting the plant some, but the general appear¬
ance of the crop is not at all flattering, and the impression
prevails that, though the season from this time out be favor¬
able, the yield will be less than last year in this section.
The plant at some points is poor and small, and at others
large and well grown but poorly fruited. Average tliemometer 83, highest 99, lowest 73.
The rainfall reached nineteen
an
inch.
has rained on one day of the week,
the rainfall reaching fifty-five hundredths of an inch.
The
thermometer has averaged 81, the highest being 95 and the
Atlanta. Georgia.—It
lowest 64.
Rome, Georgia.—The drought continues at this
point, but
vicinity there have been partial showers during the
in the
week.
Charleston, South Carolina.—It has rained on one day of
rainfall reaching sixty-four hundredths of
the week, the
an
Average thermometer 83, highest 95, lowest 75.
inch.
The
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
July 26, 1883, and July 27, 1882.
July 26, ’83. July 27, ’82.
never more
hundredths of
[VOL. XXX^ Ii.
Inch.
5
Feet.
Below
New Orleans
Memphis....
3
high-water mark
Shreveport..
Vicksburg...
n
0
O
20
3
1
4
21
4
9
0
8
34
Above low-water mark.
Above low-water mark.
Above low-water mark.
Nashville....
Inch.
Feet.
0
O
33
6
2
6
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16,1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
New Orleans
India Cotton Movement from all Ports.—We have during
the past year been endeavoring to rearrange our India service
so as to make our reports more detailed and at the same time
more accurate.
Hitherto we have found it impossible to keep
out of our figures, as cabled to us for the ports other than
Bombay, cargoes which proved only to be shipments from one
India port to another. The' plan we have now adopted, as-we
have reason to believe, will relieve us from the danger of this
the totals correct.
inaccuracy and keep
Bombay statement for the week and year,
down to July 26.
BOMBAY RECEIPTS AND SHIPMENTS FOR
Shipments this week.
Vear
1883
lb'82
1881
1880
Great
BriVn.
Conti¬
FOUR YEARS.
Receipts.
Shipment« since Jan. 1.
Great
Total.
nent.
We first give the
bringing the figures
j
Conli-
BritainJ nent.
This
Week.
Total.
Since
Jan. 1.
2,000 1.522,000
7,000 1,565,000
6.000 1.113.000
8.00-. 1.038.000
1,000 2,000 3,000 422,000 756,000 1,178,000
9,000 5,000 14,000 705,000'570.000 1.275,000
771.000
2,000 10,000 12,000 260,0001511,000
808.00D
2,000 3 i0,0CO| 462,000
2,0 Oe
,
According to the foregoing, Bombay appears to show a
compared with last year in the week’s receipts of 5,000
bales, and a decrease in shipments of 11,000 bales, and the
shipments since January 1 show a decrease of 97,000 bales.
The movement at Calcutta, Madras and other India ports for the
last reported week and since the 1st of January, for two years
has been as follows.
“Other ports” cover Ceylon, Tuticorin,
Ivurrachee and Coconada.
decrease
.
Shipments since January 1.
Shipments for the week.
*
'
104
Great
Conti¬
Britain.
nent.
Calcutta—
1883
1882
Madras—
-1883
Great
Britain.
Total.
Total.
Continent.
101,5U0
1,000
1,000
10.800
31,700
87,200
133,200
76,400
500
500
5,400
1,000
1,000
.1882
1,000
36,500
2,000
6,400
38,500
“50*6
**800
7,500
33,000
2,000
16,000
49,000
1,500
1,800
83,300
171,000
13,800
103,100
‘*500
49,700
220,700
All others—
1833
1882
*
*30*0
Total all1883
1882
1,500
1,300
9,500
The;above totals for the week show that the movement from
is 300 bales less than same
India, therefore, the total ship¬
for the corresponding periods
follows.
the ports other than Bombay
Week last year. For the whole of
ments since January 1, 1SS3, and
of the two previous years, are as
EXPORTS TO EUROPE FROM ALL INDIA.
Europe
from—
Since
Jan. 1.
This
week.
Since
Jan. 1.
All other ports.
771,000
Total
3.000 1,178,000
103,100
1,500
14,000 1,275,000
220,700
1,800
12,000:
4.700 1,281,100
Bombay
’
This
week.
Since
Jan. 1.
This
weak.
1881.
1S82.
1883.
Shipments
to all
15,800 1,495,700
12.200!
20()| 175,300
9 40,300
This last statement atfords a very interesting comparison of the
total movement for the three years at all India ports.
Alexandria Receipts and Shipments.—Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
receive a weekly cable of the movements
Egypt. The following are the receipt &
and shipments for the past week and for the coi responding week
of the previous two years.
and Alexandria,
we now
of cotton at Alexandria,
1
Alexandria, Eqypt,
1882-83.
July 26.
To Liverpool
To Coutinent
Total
*
Europe
A cantar is 98 lbs.
1880-81.
1
1
2.2, 5 4,090
This
week.
Exports (bales)—
|
I
Receipts (cantars*)—
This week
Since Sept.
|
1881-82.
Since
j
2,831,720
i
Sept. 1,
This
week.
Since
Sept. 1.
2,000
J
2,773.500
|: This ! Since
week. Se)>t. 1.
!
|
i
i
1,000
39,000:
245.900 1
170,271
2,000
32S.0001!
1,000 239,000
j|
.
1
1,250 246,750
j 154,074
i'422,l 71 •' 1 1,250:100.824
July 28,
THE
1883.J
This statement shows that the receipts for the week
cantars and the shipments to all
July 26 were
were
CHRONICLE.
ending
Europe
2,000 bales.
Manchester Market.—Our report received from Manchester
to-night states that the market is flat and idle, with a declining
tendency. We give the prices of to-day below, and leave previ¬
ous weeks’ prices for comparison
1883.
105
“
The weather has been clear and hot throughout this district all the
Good progress has been piade in clearing the fields of grass aud
weeds, and consequently the condition of the crops is more satisfactory
There are complaints of drought in some sections, and general rain
would be very beneficial. Cotton'worms liave appeared in several
counties of Alabama, particularly Montgomery, Lowndes, Dallas, But¬
ler and Wilcox, and poisoning operations have begun. Cotton is
being
riddled in some sections aud much damage is feared, as tlie
crop is late
and the worms have appeared in such numbers so early.”
week.
Eufaula, Barbour Co., July 21st.—Messrs. J. W. Tullis &
Co.’s circular has the
1882.
following :
Caterpillars are reported in a few places in small numbers
in most neighborhoods
tributary to Eufaula', but have done no
damage as yet. It will take them till 1st September to multiply in suffi¬
cient numbers to eat up the crop, if tliey»do so at all. They may disap¬
pear aud do no damage whatever. A prediction as to what damage to
the crop will be done by them is perfectly worthless; therefore we make
none.
Every other condition of the crop is favorable. We will keep our
friends closely posted about any damage to the crop by caterpillars or
“
8*4 lbs.
Shirtings.
32s Oop.
Twist.
d.
d.
ft.
“
8 S5r
15 8*8 V>
22
Tb
29
“
“
“
”3
3
3
3
July 0 Sis
“
13 8;!r
20 8*4
«
“
27 Si4
9*8 5
9*8 5
914 “5
9D 5
9q 0
9% 5
9
5
9
5
d.
@7
3
57e
534
9
9
9
9
9
9
8
8
3?
37
37
37
@7
37
37
37
1*2
534
1L>
5n16
511,6
5Hie
s.
32s Gap.
37
0
3
3
d.
5V>
lie
5^2
0
57ig
0
5710
938
93s
9Lj
9Lj
9
Up Id 8
d.
®19
ft.
d.
t>
050
310
31010
31010
310^
6
4*2 3>7 10 hj
4^37 101$
6 38 0
6
38 O
6 38 0
4^37 lO1^
634
Wh
6
6
6
99i6®10l4 6
9»ia'0lO14 6
99,6® 10*4 6
9L> 31010 6
99,601014 6
New "York Cotton Exchange.—The
CotV
Mid
814 lbs.
Shirtings.
lwist.
TJpl Is
d
d.
9V5 10
May 25 S34
June 1 81116- 914 5 9
OotVn
Mill.
a.
d.
d.
650
670
41^37 lOLj
4hj37 10L2
4hj37 10Lj
6
38
0
following visitors
67h
C70
01*16
6i&m
7llti
were
ntroduced this week at the Cotton Exchange :
T. E. Dunham, Texas.
L. Hartsliorne, Savannah.
John Y. McRae, Raleigh, N. C.
A. L. Anderson, Baltimore.
II. B. Church, Florida.
W. V. K. Watson, Houston, Texas.
E. F. Bey an, Savannah.
J. L. Waneu, Savannah.
W. B. Frost, LaGrange.
•C. F. TruCtt, LaGrange.
John K. Garnett, Savannah.
€. R. Woods, Savannah.
Gen. Hazard, New Orleans.
<_’. F. Witherspoon,
Texas.
W. F. Fisher, New Orleans.
Samuel O. Smith, Little Rock.
R. M. Levy, West Point, Miss.
E. K. Bishof, Newberne, N. C.
II. Kuoop, North Carolina.
E. K. Thompson, Natchez, Miss.
A. B. Wislow, Albany, Ga.
A. O. Jeffrey, Boston.
Wm. Chamberlain, Baltimore.
Edward Jenkins, Baltimore.
E. L. Wells, Baltimore.
Alfred Proskauer, Mobile, Ala.
The National Cotton Exchange
and
First Bales.—At the
recent National Cotton
Exchange Convention, Mr, Henry Seeligson, of Texas, speaking of the early arrival of new cotton,
said:
“Mr. President, T wish to call the attention
of this
National Cotton
Exchange to the early or first hales of cotton received annually by the
Exchanges of the country.- I hold in my hand, Sir, a sample of the first
bale of new cotton received this year at New York. As it came from
the State of Texas, representing, as 1 do, one of her Exchanges, I feel
privileged to speak upon the subject and to call your attention to it.
You will, Sir, see from this sample, that this cotton was picked fully
three weeks before it was matured. The bolls were, no doubt, gathered
from the stalk and placed in the sun to open. The receipt of a new bale
of cotton of this character is calculated to mislead those Interested in
ootton as to the early maturing of the crop. The fact is, most of the new
or early bales of cotton do not fairly represent the crop, as they are fre¬
quently gathered from many small garden patches, with a view to se¬
cure the premiums offered for the first bale.
This, in itself, is a pernic¬
ious system, and should be discountenanced by our Exchanges. To the
oml that we may apply in part some remedy, I beg to offer the following
resolution
:
“
Whereas, A sample of the first new bale of cotton received at the
city of New York from Texas on the 12tli of July has been exhibited on
the floor of this Exchange, showing conclusively that It was picked
when unmatured, and believing that cotton so marketed is calculated
to mislead the cotton interest of the country; therefore, be it
Resolved, That this National Cotton Exchange recommends to the
Cotton Exchanges of the United States that a new bale of cotton shall
be so classed only when it is fully matured; that any cotton found in
each bales not fully matured shall be considered good grounds for its
rejection ; that all first new bales from any State shall be submitted for
examination to the committee on elassittcation at the Exchange where
received, and their decision of acceptance or rejection shall be final.
The resolution was carried unanimously.
other causes.”
Texas.—During last week first bales made their appearance
points. They were received at the following places
on the date named: Bastrop, Bastrop Co., July 20, two
days
earlier than last year; Weiman, Colorado Co., July 20, one day
later than in 1882 ; Da Grange, Fayette Co., July 17, last, year
July 20 ; Fiatonia, Fayette Co., July 18 j Schulenburg, Fayette
Co., July 17.
The condition of the1 crop in various sections is shown by the
following specials to the Galveston News:
at many
B istrop, Bastrop Co.,
be large this season.”
July 20.—“The cotton
crop
in this county will
Giddings, Lee Co., July 21.—“The weather is hot and dry. Nights
perfectly splendid.
Crops in good condition.
Some farmers have
commenced picking cotton. If the present fruitage on the cotton-weed
matures, many of our farmers think it will produce as much cotton aa
they will be able to gather.”
Moscow, Polk Co., Julj' 19.—“Crop prospects in this vicinity
fine—better than in many years ”
are very
Navasota, Grimes Co., July 20.—“Reports of cotton worms in many
are webbed up.
Planters are using poison to destroy them.
Crops are in very good condition. Cotton is openiug rapidly and some
hands are picking. The dry hot weather favors cotton.”
fields'; they
Rosenberg, Fort Bend Co., July 21.—“There
was a
fine rain here yes¬
Can
terday afternoon, which will be of much benefit to the crops.
hear of
no
cotton worms in this
neighborhood.”
Shepherd, San Jacinto Co., July 20.—“Crops are fine. Prospects were
never more flattering.
Some talk of the cotton-worm in our vicinity.”
Weiman, Colorado Co., July 20.—“Cotton has suffered considerably by
the drouth, rust and worms, aud will fall short of expectations.”
In an interview with a News reporter on July 17, Mr. S. W.
Snyder, who has been traveling in North Texas for a month
crop prospects of that portion of the
State are more promising than they have been at this date for
years. * * * The outlook for cotton is excellent.
* * *
past, stated that the
Galveston’s First Bale.—Galveston received her first bale
of
cotton
Monday evening, July 16. It came from C. H.
Arneckville, DeWitt County, classed strict
middling, and weighed 588 pounds. It was sold on the follow¬
ing morning at the Cotton Exchange to Messrs. J. O. Aymes &
Co., at 14%c per pound, and was shipped to Liverpool.
new
on
Arnecke & Sons, of
in
“
Jute Butts, Bagging, &c.—The market has been only active
a small way, but large lots are
neglected. Prices are firm,
shade present quota¬
a shade less.
At the
1/4 lbs., 10%c. for 2
Butts are in better
request since our last, and buyers are more plenty. There have
Condition of Cotton.—Tlie following from our correspond- been sales of 5,000 bales paper grades at l%@2c. and 6,000
-ents and exchanges indicates the condition of cotton in various bales bagging qualities at 2@2}£c. as to quantity, and sellers
are steady at the close, at 3%@2c. for paper and 2@2?£c. for
sections at latest mail dates :
Georgia.—Rome, Floyd Co., July 20.—From Mr. T. F. bagging. There are further inquiries in market, and more
Howel’s circular we extract the following :
business is looked for.
“The weather continues dry though not very hot, on account of the
Breezes. * * * Cotton is standing the drought much better [than corn],
but the backwardness of the crop and smallness of the plants causes
serious apprehension for the outturn. The season is well advanced,
and the plants will only average a little over “half leg
high.” We have
yet to make a good stalk before it can take on much fruit. Still, there
is lime for average crop provided we have good seasons and late frost.
So far as we can learn, north Georgia and north Alabama are suffering
most; other sections are making favorable reports.”
The Savannah
the following ;
Morning Telegram of Sunday, July 22,
gave
“
As there is speculation in. some quarters relative to the condition
and prospects of the growing crops, a representative of the Telegram
-called yesterday on some of the leading merchants to ascertain their
•pinion upon the subject. They agreed in saying that the promise of a
good yield of cotton is not as bright as it was a couple of weeks ago,
inasmuch as rain is needed in many portions of the State where the
plant is being injured by the drought. The following abstracts from
letters bearing on the matter, received by the Savannah cotton factors,
will be read with interest:
Monticello, Jefferson Co., Fla., July 17.—Cotton crop very fair and
from eight to ten days in advance of last year, both in size and fruitage.
Eatontou. Putnam Co., Ga., July 19.—Crops of corn and cotton are
looking we 1, but beginning to need rain.
Fort Gaines, f lay C.\, Ga., July 18.—Crops look well, but need rain
now.
Camilla, Mitchell Co,, G
July 19—Crops arc. suffering for rain
From present indications cotton will make three-quarters oi' last year’s
i,
field.
Millcdgevilto, Baldwin Co., Ga.. July 19.—Cotton crop prospects
were good up to a week ago. hot rain i* at present
nyeded, and if it does
not come soon tin* } it id wiil l>e cut. short.
Tliomasville, i lu mas lo„ Ga., July 19.—Prospects good as last year,
but rain needed now.
Midville. Burke Gw., Ga., July 18.—We are needing rain very
and cotton is beginning to sutler in consequence.
Alabama.—The Mobile Price Current of
*ays
much,
the 21st inst.
however, and holders are not disposed to
tions, though a large lot might be had
close we quote
for 1/6 lbs., 10c, for
for standard grades.
lbs. and
Comparative Port Receipts and Daily Crop
Movement.—
comparison of the port movement by weeks is not accurate
as the weeks in different years do not end on the same day of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
since September 1, 1882, has been as follows.
A
Tear
Receipts.
Beginning September 1.
1882.
1881.
1880.
1879.
1878.
Scpt’mb’r
326,656
429,777
458,478
333,643
288,84^
98,491
October..
980,584
968,318
853,195
974,043 1,006,501
996,807 1,020,802
437,727
571,701
291,992
572,728
476,582
257,099
147,595
284,246
113,573
190,054
68,679
131,871
888,492
689,264
578,533
942,272
779,237
956,464
647,140
447,918
264,911158,025
110,00c
893,664
618,727
822,493
900,119
689,610
472,054
340,525
197,965,
96,314
42,142
Novemb’r 1,094,697
Decemb’r 1,112,536
January
February.
752,827
March.
482,772
284,519
.
pril
May
A
..
....
June
Total year
595,598
185,523
78,504
88,455
566,824
303,955
167,459
84,299
29,472
,1877.
5,894,216 4,620,487 5,631,281 4,837,32* 1,421,749 4,238,246
Pero’fage of tot. port
re*v4ptft June 30..
-
97 83
96-72
96-71
99-42
97 52
fihis statement shows that up to June 30 the receipts at the
ports this year were 1,273,729 bales more than in 1881*82 and
THE
106
CHRONICLE
212,935 bales more than at the same time in 1880-81. By adding
to the above totals to June 30 the daily receipts since that time
we shall be able to reach an exact comparison of the movement
for the different years.
1882-83
1881-82.
1890-81.
Tot. Jn.30 5,894,216 4,620,487 5,681,281
S.
July 1....
2,405.
3,401
“
2....
8.
2,701
3,185
1879-80.
1878-79.
4....
1,719
1,236
1,763
5....
60b
464
2,855
Q....
2.949
1,395
1,530
M
7....
1,626
2,353
1,168
4,003
3,880
1,176
2,621
“
970
1,548
“
943
271
1,733
8....
9....
*
10....
M
11....
816
12.A.
1,678
863
M
13....
3,243
695
14....
1.349
8.
1,006
*
5,334
14
8.
1,060
2,601
M
15....
44
16....
1.921
“
8.
17....
860
M
18....
1,229
*
19....
44
20....
1,746
1,483
1,849
21....
1,023
“
838
23....
1,33c
8.
u
24..
892
“
25....
1,393
1,305
1,620
26....
897
49 S
44
27....
2,238
533
796
287
1,034
8.
255
'
July
8.
521
772
406
489
334
711
1,039
50S
239
1,129
8.
447
5,966
6,573
1.000
300
Total
6,966
6,873
10,4IS!
Havre
Other French ports
24G
128)
Total French
246
Great Britain
.
Below
8,527
Total
since
period
previous
year.
4.741 516.173 409,833
10,148 24.472
1,391; 1.531
‘
6,322 5:10,321 134,305
29,370
we
200
750
128j
106;
57J342
56,615
31.976
56,19 L
24,493
19,189
150
600
3oO
loo
1,031
1,050
206j
Other porta
Total to North. Europe
Spain, Op’rto,Gibralt’r,&c
1
151
.
51
51
.
_;.j
100
All other
Cephalonia,
251
©rand Total
3,497
6,061
7,799
3,259
7,997
are
8,420
j
10,7521
G-R03S Receipts
the
9,558
11,058
we give all news received to date of disasters
carrying cotton from United States ports, &c.:
Cotton at New
of
York, Boston, Philadelphia and Baltimore for the past week,
Nero York.
Since
Sept. 1.
N. OrFans
Texas....
Savannah
Mobile...
Florida.
S.Car’lina
N.Car’lina
Boston.
This
week.
2,569 292,949
971 206,338
132 171,717
651,221,037
......
209
Virginia..
188
Tenn., &c.
23 137,862
193
4,564
......
m
57,465
824 230,253
North, pts
Foreign...
This year.
5,363
ILast year.
4,075
*
1,331,951
A
Since
Se})t. 1.
11,919
22,045
76,105
Philadelphia.
This
week.
Since
Sept. 1.
Baltimore.
This
week.
Since
Sept. 1.
Cotton
freights the past week have been
Satur.
Liverpool, steam d.
Do
sail...d.
Do
c.
sail
’
"‘40
17,427
*350 94,352
Do
....
Tues.
....
3SS»716*
.c.
sail
Mon.
as follows:
Wednes.
Thurs.
Fri.
....
...
3SO>7IG^
c.
....
38-S>716*
....
....
....
....
....
3s ®7I6'
....
Hamburg, steam.d.
Do
3S4
sail., .if.
•
•
Amst’d’m, steam.c.
Do
sail
-
.
150
....
....
150
....
....
732 0>V
....
....
....
....
ll16*
5y*
mm
732® X4* 732«V
'
....
m
150
’••••
732® *4*
“ie*
SB'
Compressed.
m
150
....
732"® V
c.
....
150
~32® V
Barcelona,steam.c.
Genoa, steam ...d.
*
-
t50
sail...d.
Baltio, steam....d.
....
^
ll16*
16*
5Q*
®8*
1 Per 100 lbs.
Liverpool.—By cable from Liverpool,
we have the following
&c., at that port. We
statement of the week’s sales, stocks,
add previous weeks for comparison.
July G.
Sales of the week
bales.
47,006
Of which exporters took
■2,600
Of which speculators took..
1.050
Sales Americau
35,000
Actual export..
3,200
Forwarded
16,000
Total stock -Estimated
1,007,000
Of which American—EstiuFd
749,000
Total import of the week
79.000
Of whicn American
54,000
Amount afloat
207,000
Of wliioh American
54,000
.
47
2,646
48
10,693
70
89,30i
467
6*1,939
250
1,039 139,494
509
190,664
24,938
18,089
121,501
200
776 96,904
540
67,510
1,331
2,242 450,676
476
1 1,198,226
J 186,968
.
f
3,127 236,148
.47,000
3,900
39,000
July 27.
.
5 4.000
2,400
;30C
2.700
30,000
3,100
8,000
991,000
734,000
42,000
6,100
4.700
1.800
35.500
4,800
10,000
995,000
742,000
-
43.500
35,000
43,000
196.000
28,500
179,000
50,000
38,000
340
955,000
697,000
24.500
10.500
184,000
40,000
Saturday Monday.
Spot.
inq. Mod. inq.
freely
freely
Market,
?
Flat and
J
irregular. supplied.
Upl’ds
Sales
Wednes.
Thursday.
Mod.
L2:30p.m.
fcud.OrFns
Tuesday.
Mod.
Dull.
inq.
freely
supplied
Friday.
Harden'g.
supplied.
5716
59ic
5718
59ig
&7ig
59I6
571G
5916
4,000
1,000
10,000
1,000
8,000
500
10,000
1,000
5*18
5916
•
57ig
"5916
10,000
1,000
10,000
1,000
t utures.
Market,
?
12:30p.m.
J
Market,
?
M.
J
Firm.
Dull.
Quiet.
Quiet.
Barely
steady.
Firm.
Irregular.
Quiet.
Dull.
Easy.
Barely
steady.
Steady.
1,210 326,590
5
July 20.
day of the week ending July 27, and the daily closing prices
of spot cotton, have been as follows.
4 P.
1,804 539,826
„
July 13.
The tone of the Liverpool market for spots and futures each
8peo.& exp.
......
§112,038
Shipping) News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
16,098 bales. So far as the Southern ports are concerned, these
to vessels
7b4®3lft 764®316 764®3I6 764^31g! 76i'#316 7«4®316
9G4®13b4 904® 13H4 j9G4<£l364 964®l3e4 9G4 ®1364
il3 2®3S‘r
1132'®38* 1132®V 11S2®38*
c.
Bremen, steam,
VI id
7,652
......
9.578
.
July
Main, steamer (Ger.), Ileimbruck, for Bremeu, which returned to New
York, as before reported, with shaft broken, repaired and sailed
for destination July 21.
6.373 714,158 '583,878
and since September 1. 1882:
Th is
week.
916
Below
38,218
118,309 100,297
.
Total Spain, &c
from—
119.
24—Steamer Illyrian, 49.
Baltimore—For Liverpool—July 23—Steamer Caspian, 150.
Philadelphia—For Liverpool—July 20—Steamer British
Prince) 1,000
July 25—Steamer Lord Clive, 1,000.
.
Receipts
carrying
ports, bringing our data down to the
33,213
29,470
81
Hamburg
The Following
16,098
1
50
100
Bremen and Hanover
*
1,581
add the clearances this week of vessels
Havre, steam
Sept. 1.
26.
6,373
5,850
1,751
1
„
2,124
14,166
cotton from United States
a
Same
July | July
Other British pints
50
latest mail dates:
542
8.
19.
1,58 L
New Orleans—For
Liverpool—July 21—Steamer Merchant,
For II tvre—July 21—Ship lie Martha. 2.934.
For Salerno—Jnly 21—Bark Nannie T. Bell. 1,600.
80ST0N—For Liverpool—July 20—Steamer
2,354
1,254
liverpool
to
Total
Do
!-•
4,741
5,850
1,751
2,121
477
8.
ending—
July
5.
New York
New Orleans...
Baltimore
Boston
633
Cotton (bales) from New York since Sept. 1, 1882.
Exported to—
The particulars of these shipments, arranged in our usua
are as follows:
Liverpool, null. Antwerp. Copenhagen. Total.
form,
380
Cotton from New York this week show
Week
16,098
3
613
decrease, as compared with last week, the total reaching 6,373
bales, against 10,752 bales last week. Below we give our usual
table showing the exports of cotton from New York and their
direction, for each of the last four weeks ; also the totaLexports
and direction since September 1, 1SS2, and in the last column
she total for the same period of the previous year
op
2,124
793
This statement .shows that the receipts since Sept. 1 up to
io-nightare now 1,280.239 bales more than they were to the same
day of the month in 1882 and 182,073 bales more than they were
to the same day of the month in 1881.
We add to the table
the percentages of total port receipts which had been received to
July 27 in each of the years named.
Exports
1,751
Kansas. 234
Pavonia, 1,752:
Total
563
5,033,490 4,653,251 5,751,417 4,886,316 4,433,942 4,256,366
Percentage of tot: I
port rec’pts July 27
9858
97-92
9769
99-70
97-95
of
Oran-
158
2,897
3,322
2,665
—
834
Total
The Exports
3,442
1,382
2,502
1,531
1,490
2,076
2,720
8.
206
8.
8.
346
-
50
1
1,234
more,
674
399
409
2,625
44
Scy¬
Liverpool, per steamers Leonora, 517
Boston—To Liverpool, per steamers Iberian, 138
1,013
322
2,632
1,406
2,539
Baltimore—To
930
783
2,467
3,904
331
2,187
3,009
4,133
985
Total bales.
City
4,741
1,581
To HulL per steamer Marengo, 1,581
To Antwerp, per steamer Belgonland, 50
To Copenhagen, per steamer Island, 1
New Orleans—To Liverpool, per steamers Explorer,
8.
563
983
8.
581
8.
840
1,112
1,874
3,717
2,512
“22....
*“
1,163
8.
8.
2,731
3,222
2,761
3,045
3,404
3,469
201
414
2,232
8.
2,250
8.
761
-
1,764
2,068
4,563
3,036
586
629
8.
3,961
8.
1877-78.
313
1,904
2,902
1,521
2,287
“
exports reported by telegraph, and published in
New York—To Liverpool, per steamers Alaska, 1,694
of Chester, 368
England, 1,439
Plato, 102
4,337,328! 4,421,749 4,238,246
3....
44
same
the Chronicle last Friday.
With regard to New York, we
Include the manifests of all vessels cleared up to Thursday
night of this week:
thia, 1,138
44
14
the
are
[VOU XXXVIL
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
UW*The prices are given in pence and Qiths, thus: 5 G2
and 6 03
means 6
3-64cL
means 5 62-S4d.
July 28,
THE CHRONICLE
18'3.J
Sat., July 21.
Mon., July 23.
The
Tuea., July 21.
following
107
'
\
closing quotations
are
:
FLOUR.
Open! High
Open High Low. Clos.
d.
d.
July
July-Aug...
Aug-Sept.. 5 25
Sept.-Oct... 5 27
....
....
d.
....
!
d.
d.
d.
....
....
....
Open High Lew. Clos.
Low. Clos.
d.
d.
...
d.
d.
....
....
d.
...
....
525
5 26
5 23
5^0
5 23
5 29
5 28
5 23
5 26
527
5 27
5 23
531
5 32
5 31
531
5 30
5 30
5 28
5 29
Oct.-Nov....
5 26
5 27
5 26
5 27
; 5
29
5 31
5 29
5 30
5 29
5 29
528
5 23
Nov.-Dec...
5 25
5 25
5 25
5 25
; 5
2>
5 3!)
5 28
5 29
5 27
5 27
5 27
5 27
! 5 23
5 30
5 23
5 30
5 28
5 28
5 28
5 28
!
5 39
5 32
5 30
5 31
529
5 29
0
29
5 32
5 33
5 32
5 33
5 32
5 32
5 32
j
5 29
1
®
4 75®
5 32
Dec.-Jan....
Feb.-March
'
....
5 28
•
•
•
•
5 28
....
....
....
"
*
*
.
•
.
Fri., July 27.
Tliurs., July ««•
1
'!
Open High Low. Clos. ; Open
1 17*4 Si
1 05
®1
102
®1
1 14
®1
50 ®
03
®
®
70
Red winter, No. 2
Red winter
White
White No. 1
Corn—West, mixed
West. mix. No. 2.
White Southern..
‘
YVednes., July 25.
....
Brandywine,
3 00® 3 40
3 35® 3 50
Corn—
®1 05
®1 10
90
Spring, per bush.
Spring No. 2
1
1
W'estern, «feo
GRAIN.
,
....
5 50® 6 50
4 25® 5 50
3 50® 4 45
Corn meal—
6 25
Wheat-
1
Mar-Apr...
.
Jan—Feb....
family brands
sLip’g extra%
Rye flour, superfine..
bakers' and
South’n
3 90® 4 25
5 75® 7 35 |
j Patents, spring
6 00
5
Southern
4 75® 5 25
4 00®
30®
City shipping extras.
0 00
5 28
5 2S
3 90
do bakers’
Wis. & Minn, rye mix.
Minn, clear and stra’t
Winter shipp’g extras.
....
5 29
3 00®
Patents, winter.... '.. $5 25® 7 25
3 00
2 75 ® 3 00
Superfine
Spring wheat extras
....
5 27
bbl. $2 40®
No. 2 spring...#
No. 2 winter
<L
65
70
65
69
39
Yellow Southern,
White No. 2
.
173*
Rye—Western
16
20
15
State & Canada..
Oats—Mixed
White
63*4
63 ^2
73
No. 2 mixed.
No. 2 white
63
73
®
®
68*a
®
®
®
40**} ®
40 3i 9
43
®
....
72
42
54
41
43*9
> Bariev nominal.
■
-
Open High IjOW. Clos.
d.
July
July-Aug...
Aug.-Sept,.
8ept.-0ct...
d.
....
d.
d.
j
d.
d.
....
....
...
d.
d.
....
....
;;;j
5 29
d.
The movement of breadsfcuffs to market is indicated in the
Clos.
d.
York Produce
5 29
5 29
529
5 29
5 26
5 26
5 27
5 27
5 26
5 26
5 29
531
5 29
5 32
5 29
5 29
529
5 30
5 29
5 30
5 32
5 32
5 32
5 32
!
5 31
5 29
5 30
5 2S
5 3)
5 28
5 23
Dec.-Jan...
5 31
5 31
5 29
5 32
5 32
5 32
5 32
|
Feb.-March
5 35
5 35
5 33
5 33
5 29
5 29
5 29
;
533
5 33
5 33
5 33
5 28
5 27
5 28
5 30
5 32
5 30
5 32
5 30
5 29
5 30
j
5 32
533
5 32
533
5 31
5 29
Jan.-Feb....
5 29
5 28
5 29
5 30
531
531
5 31
5 34
5 35
5 84
5 35
!
.1
..
.
....
•
.
|
1
•
•
•
•
....
.
.
Exchange.
W”e first give the receipts at Western
the comparative
since Aug. 1 for
Lake and River ports, arranged so as to present
movement for the week ending July 21 and
5 31
5 31
Nov.-Dee...
below, prepared by us from the figures of the New
statements
....
5 29
Oct.-Nov....
Mar—Apr...
April-May..
1
d.
d.
High* Low.
each of the last three
Wheat.
Flour.
Receipts at—
years:
Corn.
Oats.
Barley.
Rye.
Bbls.lWMbs Bush MO lbs Bush. 56 lbs Bush.32 lbs Bush.4S lbs Bush. 56 lbs
...
Chicago
!
....
....
....
5 41
5 41
541
43,455
121,436
1,329,709
Milwaukee..
5 41
59,367
3,695
1,890
2,115
19,750
94,-578
44,979
119.370
818,992
85,734
112,547
1,929
4,966
10,1 U
5,500
210,085
113,800
43,076
600
187
220,750
5,460
8,000
1,208,229
013,460
714,517
20,829
62,361
16,656
29,582
20,156
Toledo
1
Detroit
1
Cleveland....
St. Louis
—
Duluth
Friday, P. M..
1.S30
9,100
lO.OOoi
'
!
.
Tot. wk. ’83
July 27, 1883.
298.146
1,020j
Peoria
B R E A D S T U F F S.
18,Oil
21,550
141,298
123,514
Same wk. ’82
42,876
7,800
3,498
19,600
22,147
613.570
3,101.184
Flour has
8,559
12,270
1,915,057
*
1,854,251
2,997,104
1,198,(560
157,603
20,248
latterly been firm and fairly active, the transac¬ Same wk. ’81
SlnceAug.l—
tions showing an increase not only in the commoner grades,
1882
9,195,007 74,007.618 94,385,535 52,766,905 15,549,336
4,991.808
which have for some time past found the readiest sale, but in
1881
7,631,101 40,303,158 103,422.355 30,780,878 12,124,819
3,847,068
1880
8,631,551 80,909,205; 127,969,851 46,408,640 11,861,720
3,351,361
some of the more costly brands.
The supply of sour flour has
been reduced. The export trade in No. 2 and superfine would
The comparative shipments of flour and grain from the
have been larger had desirable lines been more plentiful.
Old same ports from Dec. 25, 1882, to July 21*1883,
inclusive, for
winter flour has not been so well sustained as other kinds, while
four years, show as follows:
new Minnesota clears have been quite firm. To-day the market
1882-83.
1881-82.
1880-81.
1879-8 0
Flour
bbla.
4,911,419
3,913,143
4,936,260
was moderately active and steady.
3,057,630
Wheat has been fairly active for export under the stimulus of Wheat
hush. 16.518.66 3
16,215.149
28,879,764
31,882.271
Corn
57,923,359
41,630,170
58,569,817
74,085.935
an advancing market in Liverpool, and at one time here prices
Cata
24,732,198
16,513,385
19,290,932
17,300,390
2,107,216
2.036,799
Barley
were also rising, but latterly the tendency has been towards
4.589,922
1,646,671
Ky6
2.311,166
1,084,011
1,403,052
1,106,491
lower prices. The cholera reports from Egypt were used by
Total grain
10d,070,313
77, 922.972 109,861,323 122.371,758
the bulls at the West to put up options on the ground that the
Below are the rail shipments from Western lake and river
Suez Canal might be practically closed should the epidemic
become more general; but Wie favorable advices from the
ports for fsur years:
1883.
1882.
1881.
1880.
spring-wheat belt and larger receipts in the interior have, with
Week
' Week
Week
Week
July 21.
July 22.
July 23.
July 24.
a falling off in the demand latterly, had a more or less depress¬
Flour
bbla.
60,304
57,021
142,904
90,954
ing effect. The telegraphers’ strike at one.time greatly inter¬
Wheat..
biah.
90 093
856.530
370,512
548,873
fered with the business in options, but latterly communication Corn
279.780
9M9.414
220,966
513,600
468,710
035,364
*490,885
with the West has been more regular and attended with less Oats
409,073
8,002
3,770
Barley
6,150
16,370
delay. The speculative sales for the week, however, show Rye
24,770
14.528
38,264
11,149
a reduced aggregate.
To-day the market was irregular, being
Total
1,038,078
1,56 4,504 1,863,110 1.526,180
34c. higher on the spot and /he. to %c. lower for future delivery,
The rail and lake shipments from same ports for last four
with moderate transactions.
No. 2 was scarce and especially
weeks were:
firm. Spring wheat, which has^sold well during the week, was
Week
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
still wanted. No. 2 red sold at $1 14%<®$1 14% for August,
endina—
oofs.
bush.
bush.
bush.
bush.
bush.
July 21...138.259
656.566
872,921
1,058.826
8,062 87,029
$1 17@$1 17% for September and $1 19@$1 19% for October, July 14... 133.405
66 4,557
15,491 205,927
473.305
2.045,421
785.423
517.248
1,992.510
16.693 57,684
and $1 21(0)$ 1 2114 for November. Reports of a spread of July 7...145,303
June 30...103,£76
40,273 174,888
701,083 1.841.953 706,649
yellow fever at the South have more effect in Chicago than
3"
....
.........
.
.
‘
Tot.,4w...515.443
Indian
corn
as unsound
of sound cash corn
and options
No. 2 mixed, which
Nine loads were posted
depressed, but all grades
difficulty of communicating
with Chicago has at times interfered with business in options
during the week, but within a day, with better telegraphic
facilities, the transactions have increased somewhat. To-day
there were sales of No. 2 mixed at 63^c., while options, drop¬
ping %c. to 1/4<j., sold at 62^gc. for August and 62%c. for Sep¬
tember, with October and November at*62%@63c., showing an
advance compared with a week ago, however, of l@2c., owing
mainly to covering by bears early in the week.
Rye has been firm and has sold moderately. Oats have been
rather quiet of late, though early in the week the sales were
more liberal; the rather large receipts have latterly, however,
had a more or less depressing effect, especially as the supply
here is liberal.
To-day the market was a fraction lower; No.
2 mixed sold at 40@40%c.; for July, 37%@38c. for August and
36%@35%c. for September.
4,385/253
has sold well for export, and
has been scarce, has advanced 4c.
to-day
2.351,207
4w’ka 82..430.032
here.
were
firm.
The
36,026
525,528
76,323
receipts of flour and grain at the seaboard ports for the
July 21 follow:
week ended
were
The
80^519
7,538,740 3,029.550
4.3e9,237 1,913,546
Flour,
Wheat,
obis.
bush.
415,160
1,925
Baltimore
83,726
62,674
1,850
12,983
11,087
15,566
New Orleans...
11,688
At—
New York
Boston
Portland
Montreal
-
Philadelphia...
113,827
42,900
317,700
2,536
Com,
bush.
995 381
147,375
7,200
102,770
9,000
83,292
160,924
Total week... 199,574
894,048 1.,505,942
Cor. week ’82.. 179,258 1 .808,123
472,738
Oats,
bush.
Barley,
335,700
27,438
2,200
2,527
17,780
13,100
44,713
448,458
341.210
bush.
&
1,000
2,000
1,200
11,834
2’00 6
4,200 144,234
1,450 41,840
The total receipts at
Dec. 25, 1882, to
years:
Wheat
1881-82.
1882-83.
Flour..... ..bbla
Corn..
Oats...
the same ports for the period from
July 21, 1883, compare as follows for four
7,489,809
,
1880-81.
6,019,803
7,323,329
5,070.250
43,894,105
53.837.378
38,078,370
bush. 26,331,930
51.746,089
20,828,492
15,008,498
13,770,517
2.203,883
2,072,510
2.282.538
984,907
97,862,913
59,902,672
Barley
.
Rye
Total grain
....
22,036,223
63,429,894
15,294,203
2,023,583
1879-80.
13,395,952
1,586,817
892,708
887,727
130,534,493
157,781,244.
THE
108
r
=
CHRONICLE.
manufactured
goods, and while buyers are supplying their
hesitancy, there is no disposition to
anticipate future wants to any great extent.
Domestic Cotton Goods.—The exports of cotton goods for
the week have been 3,288 packages, including 1,171 to Great
Britain, 998 to China, 277 to Japan, 269 to Argentine Republic,
132 to Central America, and minor shipments to other foreign
ports. The total exports since Jan. 1 have been 79,082 pack¬
ages, against 87,033 for the corresponding period in 1882. The
demand for cotton goods was checked to some extent by the
from the several seaboard ports for week ending
uly 21, 1883, are shown in the annexed statement: •
The exports
immediate wants without
*
Exports
Wheat.
Flour.
from—
Oats.
Corn.
Rye.
Bush.
418,490
133,160
6,948
70,385
78.000
25
7,538
22,630
709
310,770
35,000
104,682
775,477
101,609 1,615,198
..
9,177
13
63,709
as
60,842
40,639
auction sale
tuted the main
quiet in first hands. Brown and bleached goods were in steady
though moderate demand, and there was a satisfactory busi¬
ness in cotton flannels.
Print cloths ruled quiet, and prices have
declined to 3/£c. for 64x64s and 3 l-16c. for 56x60s, with plenty
of sellers at these figures.
Prints were moderately active, and
a fair business was done in dark ginghams and
dyed cotton
dress goods.
We add the
below.
for comparison :
year
Flour.
Exports
for week
is
Wheat.
Corn.
1883.
Week,
1882.
Week,
1883.
Week.
1882.
1883.
Week,
Week,
1882.
Week,
July 21.
July 22.
July 21.
July 22.
July 21.
July 22.
Bbls.
Bbls.
Bush.
Bush.
Bush.
Bush.
to—
Contin’ut
S.&C.Am
YV. Indies
Brit, Col’s
620,505 1,254,872
154,972
380,341
48,574
71,940
1,599
XJn.King.
<1,167
13,757
10,694
11,600
7,802
Otli.c’nt’s
1,047
18 356
510
Total...
105,682
104,609
601,370
344,683
29,205
775,477 1,615,108
By adding this week’s movement to
Domestic Woolen Goods.—Aside from men’s-wear
44,468
6,254
”4,1 oi
”5,794
19,245
14,032
which continued
3,967
625
20
2,551
1,221
984,693
63,708
liave the following statement of exports since
season and last season.
Flour.
JExports since
Sept. 1,to—
Wheat.
Corn.
1881-82.
1882-83.
1881-82.
1882-83.
1881-82.
Sept. 1 to
July 22.
Sept. 1 to
July 21.
Sept. 1 to
July 22.
Sept. 1 to
July 21.
Sept. 1 to
July 22.
Bbls.
CJn. Kingdom
1882-83.
Sept. 1 to
July 21.
Bbls.
Bush.
Bush.
Bush.
Bush.
5,514,105
413,249
2,800,214
208,588
35,323,875
26,780,0551
27,879,488 32,937,214
12,891,170
7,540,001
8. &C. Am...
598,075
657,895
120,500
790,059
72,004
379.813
572,900
39,991
10,113
00
93,729
227,400
248,728
143,907
81,934
4,848,034
02,547,277
43,071,449
41,003,300
Goods.—Although no general improvement has
apparent in the demand for imported goods, there has
been a freer demand for certain fabrics.
Low-grade dress
goods have met with more attention, and there was a good,
steady business in velvets and velvet ribbons. Silks were rather
slow in first hands, but woolens and cloakings were in better
request. Linens and white goods were lightly dealt in, and
embroideries were sluggish ; but Jaces were a trifle more active
130,488
30,176
Foreign Dry
been
703.008
Brit. Col’nies
0:14.944
510,217
8,217
43,770
508,552
West Indies.
25,405,381
Oth. countr’s
Total
7,931.379
The visible supply ot grain, comprising the stocks in granaiy
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, July 21, 1883,
iu demand.
Importations of Dry Goods.
was as
The
importations of dry goods at this port for the we*k
ending July 26, 1883, and since January 1, and the same facts
for the corresponding periods of 1882, are as follows:
follows:
Wheat,
In store at—
New York
Do. afloat (est.)
hush.
3,825.115
695,000
1,300
603.925
5,765.833
1,686.399
311,836
711,368
579,9t>3
Albany
Buffalo
Chicago
Milwaukee
Duluth
Toledo
Detroit
Oswego
50.700
at. Louis
Cincinnati
Boston
Toronto
Montreal
427,553
Philadelphia
130.405
71,307
3,857
164,428
244,379
2.877
Peoria
191.700
116.349
513.170
Indianapolis
Kaueas City
Baltimore
Down Mississippi.
On rail
On lake
On canal
Tot.
Tot.
July
July
Tot. July
Tot. July
Tot. July
21, ’83.
14/83.
22/82.
23/81.
24/80.
Corn,
Oats,
bush.
Barley,
bush.
1,485,799
520.0C0
6.800
435.246
1,843,136
95,502
4 0,903
229,196
Rye,
bush.
885.530
63,000
41,500
30,675
550.058
18,378
548
bush.
328,292
60 000
<
500
18,300
H
H
H
9.275
19.744
96.872
0
P
0
P
429,731
&
►—>
198,694
37,365
0
2©
p
©
35.074
1,101,895
50,501
175,210
1,000
17,717
138,684
1,000
119.378
134,822
41.056
94.413
167.862
131.436
55.600
117.664
25,000
10,660
6,426
70.000
568
3 41
a
54,933
*8 •
M
XCO
0*0
to 0; to if- -J
© x cn © cn
98,482
©
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15.100
CO
to
co
bn-J
77,022
2,567
210
12,770
CO
5,662
813.085
275.693
645,000
1.368,000
34,935
120,736
363,000
188,000
13,224
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11,481.500 3 702.838
11,612.418 3.405,529
6,021,954 1,187.234
354.032 1,725.143
308.931 1,742,077
100.817
605,107
15,951.573 7.510.503
133.730
1S3,930
168,862
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Friday. P. M., July 27, 1883.
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unfavorably influenced in
was
early part of the week by the announcement of a large
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auction sale of
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t; :o
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pa
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MMl—l-l
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CO
X / X
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438,403
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91,698
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iscel Flax Silk. Coto Wool ianuf:
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35,123
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Miscel Flax Silk. Coto Wool Manufi
5s
ct
19,125
127.829
883,666
17,748,509
18,170,321
10,942.268
15,621.045
13,807,483
ert-
■
8,647
245.000
woolens,
was a
knit underwear has lacked animation.
19.730,568
4,380,907
438,410
Continent...
quiet, there
fair amount of business in
the woolen goods market.
Flannels have been fairly active
in some quarters, and values are steadily maintained, but the
movements in blankets has barely realized expectations. Repel¬
lents have done fairly, but prices are low and not very remuner¬
ative to manufacturers. Kentucky jeans and doeskins were in
fair request, and stocks are in better shape than for some time
past—consumption having at length overtaken production—
and holders are firmer in their views. Jersey cloths continue
active, and a fairly satisfactory business is being done in allwool and worsted dress fabrics, shawls, carpets and hosiery j but
previous totals we
September 1, this
our
alluded to above, colored cottons (which consti¬
feature of the sale) having been noticeably
19,317
153,891
3,563
The destination of these exports
corresponding period of last
10,200
153,891
7,550
981,693
.
Total w’k.
8’nie time
1882.
Bush.
■
40,188
201,400
111,277
Baltim’re
N.Orl’ns
Bush.
77.173
6,964
1,409
66,022
Fhiladel..
Peas.
Bush.
Bush.
281.322
Bbls.
.New York
Boston...
Portland.
^Montreal.
£ VOL, XXXYIL.
=
-
r •
—J ■
— :o
f
X
X
X
@FedFRASER