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HUNT'S MERCHANTS' MAGAZINE,

C-]

-^^^^^r

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATE&

VOL.

SATURDAY, JULY

41.

NO.

1885.

4,

1,045.

CONTENTS,

Speculation has been somewhat more active on the Stock
Exchange, the share transactions reaching a total of 1,237,184,
THE CHRONICLE.
against 2,646,124 a year ago, and covering a market value of
CleaiingHoase Returns
1
Debt Statement for June, 1885. 9 $75,446,000 and $148,842,000 respectively in the two years. If,
The Pinttndlal Situation
2 United States Treasury StateOovorument Figures anil Fiment
9 therefore, we deduct double these values from the total Newnances
4 Han<l-Book of Kailroml Sccurlexchanges, there remains $297,161,921 and $309,3.51,640
Orowtli and CliuntinR In Ch!liee
10 York
eajo i U)ik iHlahd's Tr.iflle.. 5 Monetary
and Commerolal
which represent the exchanges of other origin, or a decline of
Tlie Goveriinient ami tue RailEnjtllsu News
10
roads

7
7

The Financial Review of June..

Cjiniuerclal

News

four per cent.

and Miscellaneous
12

Wetk BnMnt June
1884.

188S.

The Commercial and Financial Chronicle i«
New York every Saturday morning.
(

EnUTed

at the Post omco,

New York
published in Sala of—

New York, N. Y., as second class mail matter.)

For One Year (iucluding postage)
ForSlx Months
do
Annual subscriiition in Loudon (Includlne'postiwe)
Six Mob.
do
do
do

The

Offices In

$10 20
6 10

£2
£1

78
8s.

Eugland.

(Stocks.. ..ahara.')
bale*,)
CCutton
(Orain. .imalult)
(PetroUum.J>bU.)

(316,000)

(802,400)!

0)

(858,000)

(—44-5;
(-62-8)

(25,303.000)

(27,344,000)1

C-7-2)

(26,447,000)

(-r38-8)

(80,820,000)

(93,863.000)'

(+2

(4.1.879,000)

(-57-1)

162,009.886

$59,937,2821

4-3-4

»0'J.I74,914

-0-1

ProTtdence..
Hartford

S,187.(K)0

3,631,100;

-122

4.(>40,«10

1,255,843

New Haven,.

886,199
748,86H

1,425,615
l;031,99i

-11-9
-18-2

1.442.586
1.0>4,623

I

Boston

, ,

W

Baltimore
Total Middle...

The publishers of the Chronicle have volumes bound for subscribers
Chicago
at cost prioe. simply as an accommodation.
The numbers of a volume should be sent to the publication office, and Cincinnati
Milwaukee
when the bjuud volumes are ready tho owners will receive notice to Detroit

send for them.
Indianapolis
No persons are authorized to solicit volumes for binding, nor is any Cleveland
messenger scut to the rlli-e of s»l).scribtr8 to get tlieiu, and any soiici- Columbus
Peoria
liUoj for binding is entirely unautliorizod by the publishers.
Total Western...
St.

Louis

St.

Joseph

ascribed miinly to the very heavy dealings in the
Mexican Central Railroad, in consequence of
the action of President Diaz.
There are only six cities which show any increase over the
figures of a week ago ; but the number exhibiting
an excess
is

over

la.st

year reaches eleven, agiiinst thirteen on June 20.

The New England, Western and Southern

I

han

last

week are $448,0.53,921, Hew York
the corresponding week in 1881, or a Sola of Stock (du.)
Boston
The extent to which clearings have Pblladelphta..
.

Bt. lK>nis

1»SS.
I

New

1884.

18S8.

186

ISSI.

•.

*
»
»
»
six moth, 1I,SH6,47!I,85H I7,8M.0-,M.222 lS,70:i,931,4Bl'22.799,044,U5
2«,077,OS6.047
Av.u'r »)('
457.'>no.oor)
iwn. fwn.tioo
7info«i.nnoi
«:«.ii<»>.nno i .noa imn.nno
I

I

I

-2-3

-3-1
-14-9
-8-4

$45,58»,876
7.2T8,220

-80

10,827,719

+0-H

-5-5

$63,656,815

-7-4

41-2

$41,794,944

+ 2-9

-I-1-9

8.923,850

1,062,852.

+8-1
-9-1
+2-4
-SO-7

1,981,175

-6-7

T67.119
710.175
726,176

—17-5
-12-2
-8-3

868,681

»68,7U5,413

{11,989,136
9,323.143

$43,828,218
8,118,430
10.173,773

t58,329,758

$61,620,42^

»40,306,769
8,513.150

$39,824,378
8,355,800

!,9«9.3«

-12-6

2,U;8,866

2,4»I,2SH

3,367,142
2,171, r.3

4-14-4

2,498,466

1,083,867

1,425.520

1, 956,600

1,897,240

-23-3
+3-1

1.296,755
59-,083

1,198,228

4-8-2

l.S18,e45

4-8-7

711,351

-19-4

697,181;

-4-6

$59,217,880

$58,010,832

+0-S

$61,539,878

+1-8

$13, 191.043

$i2,a%.6eo

+2 8

$13,801,931

-3-8
4-680
-6-5
+1-0
+45-8
+27-S

6,037,4'

-8-9

4,617,048
846,380

2,743.339

-1-9
-8-4
+5-4
+68-3

520,9J5

+ 60-6

734.721

$27,521,422

$24,953,,'I03

+10-3

$28,735,206

+3-9

$8,501,100

$8,748,424

-2-8

$10,878,151

+24-1

$671,29r),t2l

$330,076,094

$22 <,2l2,2Uol

$22:),0iM54

+01

$23«,-,!01„'18i

':63,W)'

4,479,075

4,634,526
3.460.866

3,648,21

Hve Day$

fallen off iu this city of late years is very clearly
seen by a Baltimore
compirison of the figures for the six months, as shown in Chloaso

KtwTorir]

$68,397,230

-20

l,0:t4,36«

4.947,6041

3,894,107!
4,5'J2,174

$076,261,127

exceed the figures for the previous six days. As the
returns for 1884 cover only four days (the Fourth of July
falling on Friday in that year) no comparison can be made.

for the

the following statement:

0I1,B67|

-25-6
-7-8
+0-1
-4-4
-7-8
+3-8
+11-3

t<i9,769.436

Eitdlnn July

1885.

against $607,035,610 for
loss of 26-2 per cent.

0)

cities

week.

At New York the exchanges

(-60

(1.001,839)

For the five days ended this evening, the exchanges, as
received by telegraph, exhibit considerable improvement over
the same period a week ago; in fact, the totals at many of the

sections record
gains over 1884, but, exceptjn the former case, on smaller totals
t

(-53-2)

764,040
787,559
698,588

657,954
613,677
399,209

739,630

The Clearing House exchanges continue to reflect the de- New Orleans....
Louisville
pression whica still prevails in almost all branches of business.
Kansas CItj
At some points local causes have stimulated trade, and where Memphis.
this has been the case, improvement over a week ago is shown,
Total Southern..
aid in som^ instances gains over 1884 are exhibited. Yet[ San Francisco
making due allowance for all this, the present 8tatenM>nc is Total aU
unfavorable. The increase of nearly $3,000,000 recorded a^ Outside Npw Vork
securities of the

—IVi

(2.648,1241

office of

Boston

$440,059,716;

1807,035,640

with Messrs.

CLEAR/NO BOUSE RETURNS.

\PerOmt

(1,337,1S4)

soriptious

NOTICE TO SITBSCKIBERS.

J-un* 30.

1885.

»418,053,921

the Commkuciai, asu Fi.NvNctAi, Ciironiolr in I-ondon Portland
Kdwauds & Smith, 1 Drapers' Oardeus. E. C. where suli- Worcester
and advertisements will be taken at the regular rates, and SpHngfleld,..
8inj?le copies of the p iper supplied at Is. cacli.
Tuc olttoe of the Cii RoNicLii in Liverpool is at B 15. Exchange Buililings Lowell
ToUI N. England
WILUAM B, DANA )V WILLIAM B. DAN.* & Co., PnbllHliers,
79 & 81 William Street, NE
YORK. Philadelphia.,,
J JUS fj. FLOrO.
Post Ofi-ice Box !)5S.
Pittsburg
IR

-'Mi

Wtek Ending

|

.

Terms of Snbscriptioii— Payable iu Advance

27.

Per Cent.

[

Orleans...

Total
Balance, Conntrj*

ToUI
Outside

all

Nnw Vnrk

XjUmaled on the

1884.

3.

Ptr

[

5 D'vsEtui'g June 86.

T
'

Cent.

+10-1

188S.

iPsrOat

$372,540,074

-26-1

(-17-4)

(i.o«e.i92;

(—SO-Sl

+32-2
+9-9

$481,71)9.365

$440,283,392

(1.081.383)

(1.821,688i

87,7-26,242

51.171,765

46,723,108

42,5:9,560

11,787.385

4-33-4

47,488,000

8.820. 7««
S4,896,00(i

13.223.879

9,118,802

4-45-0

4-3-0

4,039,807

3.739.100

•fS-O

62.408,238
35.043,309
7.949.437
33.563.000
10.923.051
3,968,847

$675,670,532
4S.»r7.e84

$580,540,405
43.547.180

+14-4
-0-6

$316,396,187
47.584,500

-KfO
+11

$6AS,«62.ee7

-80-8

«lul.442n)tS

+08

$ 718,»M,1.'V1

|

+38-1

$«.'II. (XW.5BB

«2;!Tra44.7Hi

basis ol the last

weetlr retorna.

-30
-108
+0-8
+0-4
1-3-9

1

THE CHRONICLE.

[Vol. XLI.

has become evident that no authority exists under
In fact, there is not a word
it to so use the public funds.
in the statute making the appropriation a continuing one,
1878,

TSE FINANCIAL SITUATION.

it

has
The money market as represented by call loans
to and we are
is
That
week.
shown a little more activity the past
balances have found
Bay, whereas heretofore bankers'
cent, and occasionally
per
1
at
employment with difficulty

at a loss to understand why any such loose rendering of the law should have prevailed during previous
But as it
administrations of the Treasury department.

week has prevailed, the present Government may perhaps have
a show of reason for continuing the practice until the atten-

this
have been put out as low as ^ of 1 per cent,
at
1 per cent, and
loaning
in
trouble
less
been
has
there
advantage of the
those who watched the market and took
and even 2
necessities of late borrowers could obtain 1|
due
to the fact
was
per cent. This fractional rise in rates
semiannual
of
payment
the
that as this is the period for

tion of Congress

is

After that there

called to the defect.

seems to be no excuse for an act so clearly unauthorized.
Other conditions, so far as there has been any change
are developing favorably.
We do not

during the week,

and dividends, preparations for these disburse- mean that business is becoming any more active. This is
ments have involved the calling in of loans and therefore not the period of the year for new enterprise, and we
It look for very little in that way until the public mind is at
a temporary disturbance and contraction in the same.
another week there rest on the great disturbing question referred to.
But the
is probable that before the close of
time the crops, except winter wheat, about which there is little that
will be a return to the old conditions, for by that
Corn is very
exceptional inquiry will have been satisfied, while the sup- is new, seem to be making fair progress.
ply will have been augmented by the July disbursements backward, though thaij is not important if future weather
Other grains continue to do
of corporations and by the Government July interest conditions are satisfactory.
which
$3,655,900
of
promises
at
the moment an unusually
while
cotton
reaching
$9,528,303,
well,
payments
It large yield.
With such an outlook, our people have good
passed through the Clearing House on Thursday.
interest

Besides, the chief benefits of last
should be said, however, that as the harvest of winter reason to take courage.
wheat has begun, money may be wanted soon to move that year's productions have not yet been reaped. They will
crop; and this week from that or some other cause there only show themselves in full with another year of plenty.
has been a partial cessation in the movement of currency A large portion of the corn crop must be turned into meat
from the "West to this point, an inquiry at Chicago, St. before it reaches a market, and especially is this so in
Louis and Cincinnati having inade a diversion in those years when it is an abundant and low priced one. As Mr.
directions.
M. E. Ingalls, of Cincinnati, said last Saturday evening in
In foreign exchange there has been another drop of Boston, at the entertainment of the Commercial Club men
half a cent per pound sterling, but the lower rates seem of the West, " the thrifty farmers have all been raising
to have encouraged purchases, for at the reduction the "crops and economizing lately, and are now in condition
The "and ready to purchase, only waiting for confidence to be
tone of the market is reported generally firm.
inquiry has been chiefly for sight bills and cable transfers, " restored." The condition also of our mercantile classes, as
which are wanted mainly to remit July interest and disclosed by the semi-annual report of failures by Messrs.
dividends, while the supply is not excessive, as bankers do R. G. Dun & Co., is especially reassuring.
It is in truth
not press their bills, but offer them cautiously, only surprising to note, after such prolonged and severe depresmeeting current inquiry, and drafts made in anticipation sion as has existed, that our large merchants and manufacIt seems turers are showing so little weakness, having, with very
Government few exceptions, been able to bear the strain. This is
new loan for shown in the small average liabilities during the last quar-

of cotton shipments are temporarily withheld.
also that the requirements of

the Canadian

are not urgent, so that the proceeds of

its

£4,000,000 will not be required speedily and the transfer ter, and, in fact, for both quarters of the year, the second
The loan quarter averaging only $12,091, or smaller, with one extherefore may be extended over a long period.
was taken at If and subscribed for three times over, ception, than any other second quarter in the record, as
indicating the

The

latest

demand

there

is

in

London

for investments.

may be

seen from the following statement.

reported quotation for discounts in the open

market at London is |- of 1 per cent for 60 day to 3
months bank bills, a little better than the ^ of 1 per cent
rate which is reported to have been recorded last week.
There seems, however, no reason to anticipate any considerable revival at

London

in the

demand

for

money

in the

near future, or any alteration in any of the other conditions
aSectitig the course of foreign exchange here.

These important features in the situation thus remain
without any material change. If to them we also add the
growing strength of the Government position as the

8IC0OND QUARTER.

FIRST QUARTER.
Years.

JVumber Amount of
Failures

LiabUittfs.

Average

Number Aniount

of

Average

Liabilitien

Failure-

Liabilities

LUibUitiei

1876
1877

2.806
2.869

$(14,844,156

»23,o;i8

1.794
1,88 J

1878.

8.355

2,470

48.753,010

IV.TSS

1879
1880
1881
1882
1883
1884

2.524

82.078.826
43.112.665

19,010
24,46

t43,77 1.273
45.08 H,097

t24,398

54.538.074

1.432

12.777.074

17,081
8.922

1,534
1.066

22,688,725
21.111.689

14,77«
18,884

1.781

24.447.260

13.900

1.105

18,49«,395

2.127

33.338,271

15,670

1.470

38,37^,643
40,688,078

13,802
12.192

1.816

17,212,649
27,816,191

14,931
11,728

2,821

2.2U

84,2tfi,301

15,311
38,033

46,121,051

12.60i

2,346

28.801,304

12,091

1885.

S.296
3.658

23>7a

The railroad and crop outlook has of late been so exmonthly Treasury exhibits issued this week so plainly indi. aggerated for special effect, that confidence in the future of
cate (and upon which we have commented in a subsequent railroad property has been disturbed to an unusual extent.
article), the financial outlook for the remainder of the This condition of the public mind has induced too much
year would seem to be all that could be desired. There- importance to be given to the circumstance that roads are
after, as we have said on previous occasions, and as we compelled to reduce their dividends materially, and also
again show today on a subsequent page, everything to the statements which have been made by some of the
depends upon the speedy suspension of silver coinage. railroad officials who have appeared before the Congressional
And in this connection it seems not out of place to ask Commission now roving through the country in search of a
the Government officials at Washington, how the further remedy for transportation evils.
Why should we expect
purchase of silver bullion for that purpose can be justi- incomes from railroad stocks to remain unaffected when
fied after Congress has met, and the opportunity is givea
it incomes
from every other kind of industry are being
to make the necessary appropriation of money.
Since reduced or wholly wiped out ? And it would be
attention has been called to the provisions of the act of
just
as wise
to
estimate a cotton factory's value

.

JiTLY

THE CHRONICLE.

4, 1885.1

3

by its present return, as to make present earnings the growth of necessity, nor has the scheme been hastily devised.
To be sure there is great On the contrary, it has been well matured, was suggested
measure of railroad property.
competition between railroads to-day, and parallel lines by President Roberts in his annual report last March, haa
but in what indus- been before the stockholders for consideration since then
are making the contest very harmful
and has now been adopted by the same after due notice.
try do we not find much the same conditions existing
The truth is, the agreement has been changed simply
discouraging
At the moment the situation is of course
;

!

;

there

On

is

no reason for believing

the contrary,

all

the nature

it is in

of these

of

it

a continuing one though.

difficulties will

be arranged

;

things that thoy should be, and

they are in process of it now. This very week wo have
had reports of the speedy settlement of the West Shoio

That was prema.
and South Pennsylvania differences.
but there can be little doubt of the fact that we are
getting nearer such a consuxmalion and with a revival
tare,

of our industries old conditions will speedily return.

and purpose could be carried
as in the old, and moreover the original plan did not at all contemplate any such
large contribution as would now be required under it.
Indeed, some modification was plainly necessary, lest in
time the yearly investment in the fund should rise to
extraordinary proportions. It will be remembered that
the agreement was in the nature of a sinking fund pro*
vision, that its purpose was to improve the road's credit,
and enhance the market value of securities guaranteed by
because

its

original

intent

new way

out just as well in the

As bearing upon this situation, we had on Tuesday the
With this latter object in view,
meetings and action of the directors of the various Van- the Pennsylvania.
which
the
President
states
haa been attained, it
York
declared
The
New
Central
board
a
derbilt roads.
that
be invested
$600,000 should
dividend of one-half of one per cent, payable this month, liras provided
against one per cent in April and one and a half per cent in

year

each

in

the

purchase

of

such

securities,

and

January, making three per cent for the three quarters of many of our readers will remember what an exciting
the company's fiscal year that have elapsed, while the discussion this raised at the time whether the securities

—

Michigan Central and Lake Shore submitted statements would not go so high that the company could not buy
showing that neither company had earned its fixed charges them except at an exorbitant figure, &c. Since then the
in the first half of the year, the Michigan Central having provisions of the trust have been faithfully complied with,
a deficit of $233,000 and' the Lake Shore a deficit of and at the end of 1884 the amount applied to that purpose
$85, GOG.
There is no special comment to be made upon stood at $3,700,000, with which (and the income of the
It is not well to exaggerate their import- same), securities having a par value of $4,423,750, and
these exhibits.
ance, for, as indicated above,

exceptional condition

they are the result of an yielding

6-806 per cent on

the investment,

had been

In a measure, the poor purchased.

of affairs.

It was at this point that difficulties in carrying the
showing made is accounted for by the stagnation in trade,
but in great part the low rates accepted for traffic are agreement out unchanged in the future, suggested themselves.
The appropriation of $600,000 per annum was
responsible for it.
On this latter point it is satisfactory to note that rail- not in itself the matter of most consequence. But the
road managers seem to be coming to their senses, and that fund had reached proportions where it alone afforded an

now

there appears to be a pretty general disposition

among them

some

and lasting
is seen in the advance
this week of the east-bound rate from Chicago on grain
and provisions to 15 and 20 cents per 100 pounds respectively.
To be sure there can be no profit in the business
even at these rates, but in any event 1.5 cents is some
improvement on 10 and 12^ cents. Another indication is
seen in the harmonious meeting on Thursday of the new
Central Traffic Association, at which rates between Chicago
And Buffalo were fixed on a 20 cent basis to New York.
Evidence to the same effect is also offered by the agreeto

among

arrive at

One

arrangement.

satisfactory

indication of this

income, according to President Roberts, of over $300,000
per annum, which, with the $600,000 from earnings, would

make a total

yearly contribution of nearly a million dollars.

And

clearly as the

this

reason the present modification

fund increased in amount, the income
would grow larger and larger till finally its further increment had to be stopped. In a comparatively short time it
would reach a million, then two millions, and so on. For
provides that the income of the

added

was made, which
be

shall continue to

and the further additional approat $600,000 be limited
to one per cent of the net income of the company before
to the principal,

priation
i'

fund

instead of being fixed

week to further "payment of dividend to the shareholders."
On the
extend the hfe of the west-bound pool for another month basis of the 1884 operations $86,000 would have been
to August I.
notice, too, that on passenger busi- required under the latter clause, and with an income from
ness there was on Thursday a meeting of the lines out of the principal of the fund in excess of $300,000, the yearly

-ment

the Eastern trunk lines this

—

We

and an agreement to restore rates to the basi3
York. In other sections of the country the
outlook is likewise more peaceful and satisfactory, and
down in Texas a pool has been formed embracing the
Gould roads, the Huntington roads, the Gulf Colorado &
Santa Fe, and the Houston & Texas Central, in which

St. Louis,

of

$20

to

New

the other lines are expected to join.

Somewhat important

action

was taken

this

week

at a

contribution would be about $400,000.
That of course is
below the $600,000 originally provided for, but obviously
even with the addition of only $400,000 per annum it will

not be long before the income of the fund will be $600,COO and more. As in 1884 a full $600,000 was paid out of
net earnings towards the fund, and as under the new
plan the contribution called for will be less than $100,000,
follows that the company will effect a saving hereafter

it

more than

half a million dollars,

called meeting of Pennsylvania Railroad stockholders, with

of

reference

to

least that circumstance to

October

1878.

9,

modification,

the modification

and

of

the trust agreement of

The stockholders approved the proposed
it

therefore

goes into effect

;

but

its

meaning and purpose seem not to be generally under,
stood.
Some papers h»ve discussed it as if it were a step
forced upon the company by the present depressed state of
business.
That is not at all correct. Undoubtedly it will
prove a welcome aid at this juncture, in diminishing the
road's burdens; but

the action

is

by no means the

out-

offset

and thus there

the

is

at

decline in earnings.

The following statement, made up from returns collected
by us, exhibits the receipts and shipments of gold and currency by the New York banks during the week.
WUk en4(n« July 3,

Reaivtibv
SMvptdl>v
S. T. Banlu. y. r. Banla.

1889.

*

To Ounada.

.

.

Movemmt,

tl.24S.aO0

tTZS.OOO
•100,000

Logs

Sl.S4g.000

I-S3.000

O*ln....*410,000

Qold
Total gold and leml t«nden.

Iftttnttrtor

100000

—

THE CHRONICLE.

[Vol- XLI.

interest is
bank hold- lower rate, so that the difference in the item of
itself.
debt
the
of
the
case
in
than
marked
movement to and even more
ings of gold and currency caused by this
outdebt
on
the
interest
the
1865,
August,
of
31st
the
the banks On
from the interior. In addition to that movement
This
has
year.
per
$150,977,698
to
amounted
standing
of the Subhave gained^$l, 000,000 through the operations
is no more than
yearly
amount
the
till
now
reduced
been
folthe
have
Treasury. Adding that item to the above, we
the New York $47,014,133.
lowing, which should indicate the total gain to
"We remarked above that in the fiscal year 1881-2 the
the week
Clearing House banks of gold and currency for
reduction in the debt had been over 1511 millions, while in
covered by the bank statement issued yesterday.
As this does not
the late year it was only 63^ millions.

The above shows the

Wtek endlm July

3,

actual changes in the

Into Banks.

188S.

Net Change in
Bank Holding.

Out of Banks.

Banka'lDteriorMoTement, as above
Sab-Treoaary operations

tl, 242,000

7.500,000

1823,000
6,500,000

Total gold and legal tendera.

»8.748.000

»7.,S23,000

t41 9,000
1,000,000

Gain.
Gain.

Qain.*tl,<19.000

being
The Bank statement, aa issued, sUows a loss ot $777,700. but
changes,
ma<le up on averages, this is the result chiefly of last week's
and not this week's.
The Bank of England reports a loss of £635,185 bullion
*

this

week, and at the same date last year.
Julu

Juli/ 2, 1885.

eold.

3,

1884.

Bold.

Silver.

of

England
France

of

Oermany ...

of

on hand, and as allowance

is

made

for

that had

Total this week
Total preylous week

.

The answer is found in the figures
The difference between the amounts
of its receipts.
the
two years, as given above,
of
for
surplus
between
difference
The
dollars.
is
million
88
the amounts of Government revenue in the same
two years is 81 million dollars that is, the total
receipts in the year 1881-2 were $403,525,244, and

much

so

less ?

—

Silver.

i
Bank
Bank
Bank

of cash

interest

the

to

545,000 francs gold and lost 4,533,000 francs silverThe Bank of Germany lost 19,640,000 marks. The following indicates the amount of bulhon in the principal Euro-

pean banks

amount

accrued at the respective dates, the
smaller reduction now shown indicates simply that the
available for debt
This represents £461,000 sent abroad and Treasury had that much less surplus
The Bank of France gained reduction than in the former year. But why did it have
interior.

for the week.

£174,185

the actual reduction in the interest-bearing debt,
but the reduction in the net debt made up by taking the
total of all forms of debt and deducting therefrom the full

mean

25,075,633
27.481.488
16,054,117 43,167,727 11,912,158 10,682,318
7,163,487 2-2,390,163 7,713,230 23,139,750

year just closed were only $322,590,776. Thus,
almost the whole of the decline in the yearly surplus ia
accounted for by the falling off in revenue, in part as a

J0,999,122 65,558,190 71,701,031 B3,822,098
S1.8J8,027 66,476.024 75,098,231 61,275.111

result of the

in the

taxes

now

bad

and in part because of the smaller
The remainder of the decrease in

times,

imposed.

The Assay Office paid $130,867 through the Sub-Treasury
the surplus is to be found in an increase in the expendiduring the week for domestic bullion, and the Assistant
but
pensions, for instance
tures for various purposes
Treasurer received the following from the Custom House.
there is no particular significance attaching to these, so we
Consisting of—
need not dwell upon them.
Dutiei.
DaU.
Silver Oera.s.
Oold
It is to be said of the receipts that though they are
Sold.
Notes.
ttflcates.
Oerlifl^s.
81 millions smaller than in 1881-2, they are yet very
$S6,000
197.000
$4,000
$l?,00'
12(5,307 39
Jane2d.
50,000
97,000 much heavier than in any of the years from 1873 to
2,000
62,000
27.
210,994 90

—

—

••

"

238,000
188.000
114.000
131,000

110,000
181,000
120,000
152.000

$19,000

$839,000

$772,000

$716,000

3,000

69

l.OOi

18

00

$2,380,777 67

July 1
••
2
Total

8,000
1,000

135.000
215,000
171,000
129,000

51

4S6,911
616,071
415.302
110.160

29.
30.

••

.^^

GOVERNMENT FIGURES AND FINANCES.
The

Government

1879, inclusive.

After 1873 the revenue steadily

and the lowest point was reached in

1878,

when

fell off,

the total

was only 257^ millions, against 322^ millions now. Aside
from such comparison, however, 322 millions is a very
large amount to be exacted from our industries at a
time of depression like the present, and we trust that some
further relief from taxation will be granted at the

year this week
monthly reports for approaching session of Congress. In the following table
that date, suggest the bringing together of the results we compare the receipts for sixteen years, and give their
bearing upon our national finances and the position and source as distributed between customs and internal
progress of the country. A contemplation of these revenue, and give also the yearly decrease in the public
figures offers much that is interesting and useful, both debt, as well as the interest charge on the debt outstand
July

1

the

close of

—and the

fiscal

issue of the regular

-

retrospectively

On

and

introspectively.

the 3 Ist of August, 1865

—the

ago

ing at the end of each year.

public debt

of

—not

the

quite twenty years

United States reached

its

highest point, namely, $2,381,530,295 of interest-bearing

and $2,756,431,571 of

debt,

the Treasury.

Now

all

forms of debt

In

other

half, or

words,

our

in

public

cash in
1870..

$1,196,150,950, and the total net debt

reduced

less

the interest-bearing debt

these

is

twenty

obligations

over 1,350 million dollars

— an

only

$1,386,555,527.

years

and

is

we have

liabilities

one

average reduction

for the whole twenty years of about 68 million dollars per
year.
These are marvellous results. In the more recent

1871..

1873
1878
1874
1S75
1870
1877
1878
1870
1880
1881

as

much

pay

ofiE

as

63^ millions.

1,350 millions of

its

Evidently a country that can
debt in a score of years has

considerable vitality, and evidently also this vitality will
sooner or later help it throw off the incubus and lethargy
at present

weighing

tion ia the debt,

i.hed

;

down.

Of course, with the reducthe yearly burden for interest has diminit

and, besides, our debt now

is

137,167,722110,007,494

16,845,55S!2S1,020,771

14,3v9,515' 96,839,891

I48,U71,«S5

25,293.888 290,000,585

29,249,3a»| 93,104,260

1

10,700,732

130,956.493: 118,e30,408| 81,413.741 281,000,842; 39,381,121

93,160,6 44

130,170,680 l;0,531,825| 16,894,471 257,446,776! 24,371,392
137,250.048'll3,561,611 21,510,478 272,322,137:
8.579,575
186.5a2,005j 124,009,374 22,995,002 333,326,501 83,034,981
188,16'J,fl76jl35,264,3S6 27,3,'>S,2:J1 :380,78i,293 01,67::!,484

94.651,473
83,773,779
79,633,981
75.018,696
57,360,110
51,136,709
47,926.432
47,014,133

'

•420.410,730 146,497,59(1

years the reduction

of course has been heaviest, and in
1882 reached over 151^ millions, and even in the late year

194,538,374 181,899,756
102,843,881 118,781,960
200,270,408 ilJ.OOS, 1 54 .25,082,543!3;4,131,105| 01.327,765 111,049,331
216,870.287 130,842, 178 17,331,765|S84,394,230 100,544,491 103,988,483
18t),0S9,523 ,113,729,314 20,358,837|322,l77,i371 43,007,030 98,049,801
4,7.!0,472' 98,-96,005
163,103,834 102,409,785 34,4a7,472 299,941,091

38,6 18,924 403.525,2.50 151,e84,,S51'
[

1S83....

2U,70«.497 111,720,389 38.860,716|398,287,58i 137,823,2531

1834....

195,087,490 121,588,072

1885....

;181,ll0.77l| 112,569,324

31,806.308 318,519,870 101,040.972'
28.910,681 322,590,778 63,491,7091
1

After allowing for interest that had accrued to July 1.
t Computed on ihe amount of debt out jtaudln}$ at the doie of the
•

Of the decrease
it

will

tlscxl

year.

of 81 millions in the revenue since 1882,

be seen only 5 millions occurred in 1883, nearly 50
1884 when the ta.x reductions of 1883

millions occurred in

first began to have their effect, and 26 millions occurred
funded at a very much In the late fiscal year, which may be ascribed almost solely,

—

.
.

JOI.Y

4,

THE CHRONICLE.

1885.]

QRUWTII AND CHANGES IN CHICA 00 d: ROCK
ISLANDS TRAFFIC.

It is pciliups
therefore, to the depressed state of business.
returns wore a
well to state that as the year closed the

triUe

more encouraging, June

making a

particularly

better

the Chicago liock Island

The detailed report of

comparison with the previous year tlian other recout
months, though it is hardly well to predicate much on the
The following are the May
exhibit for a single month.

Railroad, issued

&

week, has a two fold value,

this

Pacific

in the

shows tho condition of a hiading property
which has always ranked high in public estimation, and in
the second place it serves to thcow light upon the traffic

first

place

it

and June figures in the two years, according to which will
be seen that while May had shown a decrease m receipts of conditions that prevail in the section of country traversed
$1,602,000, June now exhibits an increase of $225,000, by the road, a particular which gives it a general interest
though the increase is in miscellaneous receipts entirely. as it reflects what other roads in the same territory are
it,

Ootwrnmnit

July

ujaii.ml i8,9««,ai»

<

a

recent period

is

the

more valuable

for that

March

reason.

It

31,

—covering
1885 —and

contains a great

Jxllu 1.

1.

deal of statistical matter, and of a kind not furnished

181.110,771 14.367,932 14,781 ,H«: 195,0«7,4W)
,

ia,3<W,«ai| 9,319.888 118>I9.334 U.200,»S8; 10,101,164 121,3*).072

Internal TOT
Mlacel'aaimrooil.

for

by

*

*

cuatoBM

aiiict

June.

Hay.

Siitct

Jun».

JKay.

is

the operations for the year ended

tUc'i year,

IttctipU jrotn-

The report

doing.

188R-84.

188«-8^.

2,03S.701| 8.810.7B8

28,910.e»l

Total recolpta. *S70».13B W.lST.Ol. 32Z,51iO,T7»

],713,87Ui 2,060,780

:n.«W,a08

30,;I71,8;H 26.M^^0tiS S18,51U,870

most companies, but the statistics are confined chiefly to
one single year, or at the most to two years, which is
altogether too limited a period to permit of any deduc-

To make

tions or conclusions.

the figures really useful

There is one feature in the debt redaction of the late to the extent of affording an idea of the course of
year, and especially the latter part of it, that deserves sep
the comparison should extend over
trade and business
arate mention, since it emphasizes and makes clear the
of six or seven years at least, and much longer

—

•

a period

pursued by the new administration. It is
if possible, and such a comparison we intend to make.
that is,
is mostly in the net debt
this,
As showing the course of railroad business in the
the debt remaining after deducting the Treasury assets Northwest, probably no better illustration could be found
Thus, while
and not in the interest bearing debt.
Unlike the
than the case of this very Rock Island road.
the actual (net) reduction of debt during the year is St. Paul, the Burlington & Quincy, and most other North$63,494,709, that of the interest- bearing debt is only $30,- western roads, its mileage has remained substantially
To be sure, this difference can be explained by unchanged in the more recent years. Hence a study of
412,900.
policy being

—

that the decrease

—

reference to the difference in the method of treating certain

items in the Treasury accounts that the new admin,
such for instance as consideristration has adopted
unavailable but that remark
coin
silver
ing the fractional

—

;

between June and July, during
which period we find a reduction of debt of 9 million dollars with no reduction in the interest-bearing obligations
in other words, the debt reduction is represented by an

will not apply to the changes

;

increase of the cash balance in the Treasury.

And
which

this

the

order to

gives

us

an

administration

idea

oE

the

compelled

is

methods
to

resort

to

is

tion of the question

how

its

gold

balance.

This

far

new mileage

in the

system

is

responsible for the changes that have occurred in the road's
It is not to

business.

Island system to-day

be inferred from this that the Rock
the same as it was a decade ago.

is

has been greatly extended in the interval,
Kansas City (Chicago & Southwestern) and
But substanvarious small roads having been added.
tially all these additions were made in the earlier years,
and since the consolidation of the road with a number of
It is not, for it

the line

in

to

branch

its

maintain

not complicated with a determina-

the traffic statistics

gold balcapital

lines,

on the 4th of June, 1880, when also the

was doubled and a stock distribution of 100 per

month

from
cent made, the mileage has been increased hardly at all,
been
$115,810,533 to
so that during the last five years that circumstance has
if
Clearly
increased not quite 4^ million dollars.
played no part in influencing traffic and earnings
the Government had employed its surplus during the
Then, as now, the system could be briefly described as a
month in redeeming the interest-bearing obligations, line between Chicago and Council Bluffs, and a line
instead of an increase in its gold holdings, there would
between Cliicago and Kansas City, with quite a number of
have been a decided falling off. It follows that only branches and feeders.
These five years, too, cover a
through a continuance of this policy of keeping the accuperiod of great note in our railroad history, for ttiey mark
mulating surplus in the Treasury, and refraining from
the rapid rise of receipts and income to the highest
paying it out, can the Government avoid depletion of its
point ever reached, and its subsequent heavy decline up
Moreover, even with the aid allorded by
stock of gold.
Though it is to this period however
to the present time.
this surplus, the process of replenishing the supply is very
that most interest attaches, we give in the tables below the
slow and difficult, for it will be noted that with a surplus
operations for the last 12 years, thus showing not only the
of nine millions for the month that is, with an excess qf
recent changes, but a graphic illustration of the Rock
revenue in that amount the Treasury could get only 4^
Following have been the
Island's development since 1873.

ance we find has been increased the

$120,298,895— that

—

last
is,

it

has

—

gold.
In brief, the tendency is still
yearly gross and net earnings in that time, as well as interest
run into silver, and during June alone
and rental charges, dividends and surplus.
over C))r millions were added to the silver balance.
Sptnt In r
We have no adverse criticism to make upon this Treas- Year: Ornga
Surpttu.
Land
Inleretl.
Wvi.
Wet
lUcfipts.
inenlt.
dends.
B'iruiHQ«. EnrtUngt. R'nttt^c
ury policy of keeping up the gold supply. It is an
*
(
%
*
t
*
•
a43.:i<i7
3.2.-i«.IWl
7S4,18."S
I.l).'M.172
7.13;l..'574
honest, wise and necessary effort to help the Government 187.1-7J
7rft,i«u l.67H,:iNi
1,1051,900
7,:i«w.(;;3 H.bi (.i-^
1874-75
•
785,1)00 I..l78,!t81 tl.-n:ui-*l
7,;uifl,ww •i.?!!,?!!
out of the awkward dilemma in which it is placed through 1S75-78
835,000 2.l)9r.«80
:«itl,»85
7,8.'i4.5<17 .>).!M«,WI5
1876-77.
iMi i.im
l,«7H,;)8l
7.s»5,.->70 3,iU,:«7, l,Irt7,.Sao
But the means 1877-78
the continued coinage of silver dollars.
i.iwi,:t(x)
966,551
<J,40».83l 4.:«u,wil' 1.18;J.580 1.W>7,1WI
IH7N-7B.
350.000 l,l28,fl7S
l«79-hO. ll,ci(ll,rtn2 r>.'2e5,ii(i I,ilH,147 2,'KI7.1>W. l.lir>:l.»7ll
4t>i),000 (8,ai<s,»«
employed cannot be coniinued indefinitely. The accumu- I8.S0-8I.. ll.«5il,liOH
1.2ri.S)7 2,727.:t87
6 0,000 iMin.OOO
18X1-82.. I»,2iK1.Bl3 5,H):),7M i.4i.2.au 2.«3;.18« l.tlD.i.r.si
B<W,0U0 1,300.000
,40.»4-i
lation of surplus in the Treasury cannot always go on. 1882-83. IK.lHD.WOa 5,0S0.('8rt l,401.KiH 2,11:17.1 Nil
8l».i.71
l,48I.25fl 2.937,IM
470,000 1,900,000
I2.5.'t.\514 ..,2:17.513
1813 84
IWl
SoO.OOO
517,18:)
780,000
There is a limit to it. So it behooves us to recognize that 1884-85. 12.2U.i,Ull 5,016,5^7. 1,592,215 2,0:)7,
* Cliioavo &. :Soiitbwe»tein not Included in tbeee years.
the exjiedient is a temporary one, adopted in the hope and

millions additional
for the surplus to

•

.

."..:!-*l,7,'i2,

belief that the
will

evil

that has brought us to this extremity

soon be removed.

!.:);; r..'.2s

Carried ti>8inkiiit; fiiud.
After i>».vlnK $3,">,'.J';6 Id settlement of V. S. Income tax.
Against iliis Ibe new oonipuny (formed at time uf diiubilng of atookt
lectivrd ^70!i,t72 casb a<stts In-m tbe old company
I

:

}

.

—

!

THE CHRONICLE.

6

[Voi, XLI.

Back in 1870-1, it will be seen, the rate
nearly one-fifth.
Thus we see that both gross and net earnings reached
2-64
The fact that the company's loss of
cents.
was
now
are
their maximum in 1881-2, and that the former
to be attributed to the lower rate
entirely
thus
earnings
is
latter
the
a million dollars less than then, and
It
had
to be done, will surprise many.
business
which
at
the
that
however,
It is noteworthy,
$900,000 less.
the railroad
is of course known that in the East most of
materially
not
are
cases
present figures in both
other words, troubles are due to that cause, but Western roads are
in
from those of 1882-3
different
the commonly supposed to have been exempt from the operthere was in that year, as a result of the poor crops of
In point of fact, competition
ation of that circumstance.
season of 1881, a loss fully as heavy as that now shown,
pronounced
than here, though
hardly
less
has
been
there
lost
which was in part recovered in 1883-4, only to be
the
inevitable
result of greatly
and
apparent,
quite
not
so
requirement
All this time, however, the
again in 1884-5.
It
is an interesting fact that
followed.
rates
has
reduced
rising,
steadily
but
and rentals was slowly
;

for interest

the freight movement for 15 years, tbe
and the requirement for dividends was no less, so that in this record of
in the continuous march upward, begininterruption
only
the
in
was
payments
these
above
remaining
the surplus
lowest total in 1870-1, and ending with the
with
the
ning
the
with
1876-7
in
fact,
since
smallest
the
year
late
in the two
exception of that year, there is none in the whole twelve highest in 1884-5, is found to have occurred
1883-4.
Otherwise
there has
1882-3
and
years,
when it was so small. This surplus, against the $517,186 recent

—

was $819,071 for the previous year, $1,603,- been a steady addition to the traffic each succeeding year.
684 in 1881-2, and $1,953,979 in 1879-80. The effect of Like the freight rate, the passenger rate has also declined,
the lowest point touched but here, in
this diminution in surplus is that the company is setting and is now down to
diminution
of receipts, caused by lower
addition
to
the
and
additions
for
amounts
smaller
aside correspondingly
improvements to property, the practice having been for rates, the road has also experienced a diminution because
some years to adjust this item to meet the state of .the of a fa,lling off in the volume of the traffic, owing to the
for 1884-5,

;

Almost

road's income.

all

the well-managed properties in

the "West pursue the policy of devoting a portion of earnings to betterments, &c., which of course enhances the

value of the plant and increases

its

power

depression in business.
It will be asked, though,

affected the road in

An

meet compe- passenger travel?

to

has the depression in business

no other way except in the amount of
examination of the different items

It must not be supposed that the lesser amount of traffic going to make up the company's freight business,
tition.
now spent for improvements, implies that the'property is shows that it has, and very decidedly. The Rock Island

not being kept in
this

full efficiency.

So much was applied

purpose in other recent years, that doubtless

now

to

the

road could go without making any investments of that
kind for a year or two. In illustration, we need only
point to the fact that in the two fiscal years, 1880-1 and
1881-2, no less than

4^ million dollars was put into the

property in this way, and in the next two years, to March
31, 1884, 2J- million dollars

more. Yet, in addition,

we now

furnishes in

its

a class of freight almost entirely influenced
of the crops

have 1750,000 for 1884-5, this amount having been taken eral items of
from the $517,186 surplus of earnings for the year, and
the $330,000 receipts from land sales.
Flour.
.Lbs
Wheat..
But the decline in income, how has it been brought Corn
about? It is known that in 1882-3, after the previous Oats....
Cattle...
Hogs
year's bad crop, there was temporarily a heavy falling off Ore and bullion
in traffic.
Has the same circumstance again been at
work, and the company's traffic suffered further decline ? Merchandise...
Lumber, lath &
Bhtnales
Let the following table of the traffic statistics, both pasAgr'l Implem't?
Lime dt cement
senger and freight, for fifteen years past, answer.
Railroad ties...

— while the second
freight,

.

Coal
Iron

*ToM

rueal Tear. operatCarrUd
ed end
Ont UUe.
of ytaT
S90
613
674
674
074
AM9

laro-Ti..

1871-W..
If02.73..
1873-74..
1874-70..
1878-78..

1W8-77..
1877-78..
187g-7«..

ISWMU...
1881-82...
IfrS-SS...
188fr«4...
lasi-ss...

I.OOS
1.003
1.231
1,311
1,858

Amount

Passengers
Received
Carried

One mie.

l!V1,8e4.Bt6 4,028,271
1,028,
1«8.7B4,688'4.213,371

219.394,0WJ4,507,»83
aiB.5\S(,401 15,003,001

287,013,578 5,202,412
i!8a,625,69« 5,121,556
337.135,688 5,85S,77»
870,4.36,382 5,576,733
510.850,804 6,920,926
686.458,054 8,035,165

Cents.
2-64
2'49
2-29

1,713,,123
1.394,140
1,521,700
1,660,670

207

Cents.
3-84
3-61
8-59
3-30

1-92
1-Bl
1-66
1-56
1-43
1-21
1-22
1-28

808

764 476,214 8,056,316 l2X,t>lS,160 3,31.S,448

117
110

250

811,155.628 8,144.142 122.61K1!35 3,023,884

1-04

746,57S,6M 8,6811,180

13«1 788.466.874 0.687,097
1,881
1,3X4
1.884

44.600,479
38.580,595
42,3S2,171
49,186.817
54,804,212
59,303,515
08,659,518
62,098.473
62.811,574
82,610,900
93,789,305
118,804,522
133,184.280

Average
per
passenger
per jniU.
per vule.

A nwunt Average
per ton
lieceived

701,69'),88S 7,828,236

l,6';0,460

1,763,H00
2,023,604
1,848,654
1,86K,027
2,318,452

2500.135
8,858,331
8,833,069

2-97

284
297
2-97
2-80

268

Stone

I

1884-5.

1868-4.

,379.7a3.16()

288,407,088
227,025.180

a-57
8-46

347.022,848
329,527,900
223.373,200
32,018,280

Here we

find that the

Rock Island

1880-1.

1883-4.

1882-3.

1881-2.

1880-1.

879,383,021

973,050,381 1,183,117,724 1,249,828,010

964,733,377

807.933,995

805,183,138
103.811,281
79,881.780
07.182,930

732,491,980

10;!.628.047

100,942,160
02,187.290
1,546,200 000
4a8,84f,000
328,922,000

1,

798.471,947
93,540.842
84,485.940

959.582.687

156,5l.'<.240'

17S,S';6,480

75.0.*),500

4.5,304,576

101.843,280

62,058,007
147,439,890
978.690,000
302,210,000
2a5,928,000

181^,618,000 1,042,820,000, 1,117,684.000
878,914.0IX)
429.860,0001 437,618,000
344,202,000 800.186.000l 258,932,000

This brings out strikingly

the contrast between the

The merchandise movewhich would naturally fluctuate

present and the former years.

ment
as

over the road,

the

of

state

general

business

does,

has

fallen

from 1,249 million pounds in 1881-2 to 879 million
pounds in 1884-5, 100 millions of the decrease having

The item of lumber,
807 million pounds, from
have dropped from 175 mil-

occurred in the last twelve months.
lath

and

shingles, is

959 millions.

down

Railroad

to

ties

iDoliideii freight

a larger tonnage than ever before

chiefly westward.

273,096.280
87,00a 338
47,681.784
231,385 580
124.641,680
180,173,480
680.184,184 I,28J,33l,34l I,3»T..6B6.240
217,«73,.<13
174,387.712
:;49.706,47a
26S,153..800
318,300,450 273,111,200
210,847,000 2811,677,000
356,693,260
42,757.870
114.727,913
39,0at,40B

837.886,85,'

1884-5.

by the outturn
more gen-

1881-2.

1882-3.

2-50

carried for company's use, for wWoh notbing is
•narged, and which, therefore, adds notliing to the receipts.
•

freight

its

table comprises

and business carried

247,207,140
784,208.880
375.460,400;
289,660,200:
255,755.0001
53,215,14ll

..

una

report each year the sources of

movement, and from these reports we have made up the
following interesting statement, showing the fluctuations
in the principal items of the company's traffic for the
last five years.
The first table embraces flour, grain, cattle, &c., and comprises chiefly the east-bound movement

lion

pounds

to 92 million, as a result of the decreased con-

had struction of new roads. On the other hand, the coal toneven than in nage of the road is larger than ever before, having in the

in the past year

— larger

the exceptionally prosperous year of 1881-2.
Yet the
earnings derived from this augmented tonnage were only
$8,144,142, against $9,687,097 in that year, or a million

and a half dollars less.
Then to what is
owing ? Simply to lower rates, which have

late

year

millions

been 1,545 million pounds, against only 1,182
the year before,

but 978 millions in

this decline

coal tonnage has

fallen to the

this

1,042

1880-1.

As

millions in 1882-3,

the

same growth

and

of the

been noticed in the case of other roads,
though the industries in
lowest figure yet reached, the average received per ton that
section of the country may not be doing a profitable
per mile in the late fiscal year having been only 104 business,
yet development of the same is constantly going
cents, against 1-28 cents in 1881-2, a decline of
24 on.
It is also noteworthy that agricultural implements
hundredths of a cent per ton in these three years, or are being"
carried in

would seem

to indicate that

heavier

amount

Iron

is

up

to

its-

;

July

THE CHKONICLE.

4, 1888.]

having declined

largest figure now, after

We

in the

two pre-

currency, and adjust the basis of and collect the revenue

the iton could

while the action of the Federal courts excites the admir-

would bo found that it is a different kind
for structural and building purposes very
of iron now
while in the earlier years it was largely railroad
likely

many political writers in Europe. If any one
wants to know what noninterference by government
means, he will do well to study the history of the old Confederation before the Constitution was adopted.
Mr.
Herbert Spencer, in his articles on " The Coming Slavery,"
tries to show that, under democracy, England is returning

ceding years.
be analyzed,

—

iron for the

new roads being

built.

regards the agricultural products, growth

marked

larly

if

it

—

As

think, however, that

in

flour,

the total of which

is

up

la

to

particu-

370 mil-

ation of

-17 million in 1880-1, and wheat
to a paternal government more absurd than that of the
The company's improved position Middle Ages. But Mr. Spencer's argument, if it proves
items is owing "to the strong hold it has anything, proves that government ought to cease altoge-

lion pounds, against only

also

is

much

higher.

with regard to these

on the milling business of Minneapolis and St. Paul. In ther and society return to a state of anarchy in which every
How far government interthere has been a marked falling off, which may occasion man should do as he pleases.
surprise in view of the excellent crop raised last year, but ference should go is a question; hut there can be none
as-to that it is to be said that the benefits from the same that the price of no government is ultimate civil war.
There are many signs that our government is at present
are yet to come, since the movement of new corn counted

com

during only quarter the time

in the late year

— that

is in

January, February, and March, 1885. The live stock move-

ment

is

of course

cumstance
is

more or

less

—namely, the yield

not quite as large as

it

influenced by the same
of corn

— and therefore

has been, though

it is

at

cir-

this

Altogether,
is

the volume of

it

may

be

due wholly
its

many

of the most vital problems of
any general bankruptcy law; the
currency has not been regulated since the war; the uncertainty from year to year of any action as to the tariff

We cannot get

any rate keeps the business of the country
the treatment of the Indians

larger than in the year 1882 83.

of earnings

unable to deal with

society.

said that the

Rock

Island's loss

to the lower rates received, that

freight traffic has not diminished, though

is

in a state of paralysis

a scandal to the world.

At all events, as regards the railroads it is important
we should come to some definite conclusion, whether

that

the

Government

is

prepared to interfere or not.

Every

Congress carries a terror to the railroads as to
that the prevailing industrial prostration has caused some most other interests, lest some hasty and ill-considered
088 in the passenger department and a decided falling off legislation should add to the heavy burdens which they
therehas been considerable change in the sources of business

session of

volume of merchandise, but that on the other hand have to carry. If we look for the central point of this
been offset by gains in coal, in flour and in the weakness of the Government, we shall find that it turns
largely upon the want of connection between legislation
cereals, except
and administration. Even if the Inter-State Committee
in the

this has

THE GOVERNMENT AND THE RAILROADS.
(Communicated.)

You

Interstate Commerce Committee had proved only
of opinion

any

this,

among

result.

done

of the rules of the Houses.
From this
view there is much to be said in favor of the
The nearest approach admission of the Cabinet officers to a share in debate on

involves a very great diversity

with no apparent probability of arriving at

definite conclusion or

pay no attention to it. Whatever is done or not
will depend upon considerations of party or private
interest urged in the committee rooms and developed in
will

observed recently that the investigations of the

that the railroad problem

should arrive at a well digested basis of action, Congress

manipulation
point of

who hold that the the floor of the Houses. It would be very much for the
Government can do no good and bad better not try, and interest of the railroads if instead of having to lobby with
that advisory commissions, established by the States, committees for or against any particular proposition, they
alone offer any hope of available aid.
could have some high official of the Government, to whom
It is a serious matter, however, to come to such a de- they could go openly with a statement of their case, who
spairing conclusion as this.
Here are a number of vast in connection with their delegates could either work out
corporations, each with revenue and expenditure equal to some practicable system or decide that none is practicable
those of considerable principalities, engaged in a ruinous and then with the united authority of the Government
competition in which the bankrupt drag down the solvent, and the railroads present the result for discussion in
employees are reduced to starvation wages, and thousands Congress. It would be still more for the interest of the
of stock and bond holders are threatened with loss of nation that in place of the constant suspicion excited by
to an agreement

is

their incomes if not their

the experts,

principal.

of these companies, at any rate those

Probably every one the lobbying, which is now unavoidable, by the agents
which are honestly of these great corporations, they should go publicly to the

managed, would rejoice in the creation of some arbitrating Secretary of the Treasury or the Secretary of the Interior,
authority which would help them to some now unattain- state what they want or do not want, and, having in
able basis of agreement; whUe even shippers would see concert with him put their demands in practicable shapei
the benefit of a general standard of rates which would should leave him as the responsible
protect them against one another and give them firm discussion upon it in Congress.
standing ground in place of the present treacherous footing.

State commissions can of course only operate within

the State, and

pendent of any

the

long competing

single

State,

Lines are quite inde-

Massachusetts

being quite

official to

conduct the
G. B.

FINANCIAL REVIEW OF JUNE.
The month
that could

of June was very dull, and the best thing
be recorded of it was the fact that noth-

exceptionally situated in this respect.

ing particularly disastrous was evolved.
The money
has always been the fashion in this country to argue market remained in the same condition of unhealthy
that the less government we have the better, and that plethora, and on June 27 th the New York City bank surthis constitutes the main advantage of this country over plus had run up to the unprecedented figures of
$63,394,425.
Europe.
But there are some things that the Govern- The rates for money on call ranged from A per cent to 2
It

ment must do if society is to hold together. Not to speak per cent per annum.
of the State governments, the Federal Government must
The report of mercantile failures for six months issued
manage the Mint and the Post-office, must regulate the by R. G. Dun & Co. was not, upon the whole, unfavorable.

..
......

THE CHRONICLE.
The amount involved in the failures
was $74,722,355, against $121,391,282

last three
was $46,121,051, and only $28,001,304 for the
30.
June
to
months
more
The crop reports prepared in this month with
a
showed
or less accuracy for the whole country

heavy decline in the probable yield of winter wheat, but
CiriioNr
a fair condition of all other growing crops the
ever
largest
the
showed
acreage
CLE's report on cotton
;

18,710,000 acres.

planted, being

Exchange there was stagnation in the
early part of June, followed by a more active movement
beginnmg about the middle of the month, and most con-

At

CLOSINQ PBICE3 OP OOVEHSMBNT 8ECIJB£TI1S8 IN J0NE, 1885.

the six months
in the same period
of

in 1883.
of 1884 (embracing the panic), and $66,189,034
April 1
to
But the amount of failures from January 1

the Stock

[Vol. XLI.

3s,

611,

4i3»,

4«,
41SW,
Vn Our.,
1S91, 1907, of
: s. 1899,
coup. coup. reg. reg.

June.

X

1..

IO314X...

t'-Vl*

11214
11238

4.

122=8 103
1121* l22^>

lOSi-i'lSS

H2Hi

5.

14

112!S8il'^2% I03!>e

7.,
8.,

s
11258 12258 10358
122^8 10358
122'8 103'e

9.
10.
11.

..8...

112%

123%!
ll25f 12338
12338
123ia|104i«

X1214 I22ia'l03i4 xl35
llz% I2313 10415 135

High....

Low

112% 123 12! 10438

17
18.

8..

..

Open
12338

12:s-i6

112%il2:i3s IO414

112=8

112% 123%

11214 I22i8il03i4 1341a
11258 123 ijii 10-1 12 134%

CI08

134%

|123:<sll04

reg.

12338
12338

24..
25..
26..
27..
28..
29..
30..

112% 123% 104 14

12.
13.
14.
15.
16.

Our.,

123 14 101

23.

6.

TVn 1899,

1231*

19..
20..
21..
22..

10338

2.
3.

6«,

3«,

4«.

1891, 1907,
Cf^up. coup.

June.

I

show the lowest, highest and
closing prices of railway and miscellaneous stocks at the
spicuous for the rise in West Shore bonds, Erie second
New York Stock Exchange during the months of
West Shore bonds
consols and the Vanderbilt stocks.
May and June, 1885.

advanced to 38^ on large transactions, but afterwards
In the last week of the month
declined, closing at 35^.
the buoyancy of the market was lost, and transactions

dull again, but the prices of many stocks yet
remained considerably above the lowest they had reached
early in the month. Pacific Mail broke on the 25th oa the
news of the loss of the company's steamer City of Tokio,
and the company had already met with a rebuff in the

became

decision

the Postmaster-General to grant no extra

of

remuneration

to

foreign mails, as
of

sion

American steamers for carrying the
permitted by a law passed at the last ses-

Congress.

Among

events were the default June

&

St.

Louis (Nickel-Plate)

for a sale of the

ment, and the

the railroads, the

principal

on the New York Chicago
mortgage bonds; the order
Western road under a judg-

1

first

Lake Erie &

of the directors for an assessment of 7

call

per cent on the par value of the stock; the practical success
of the Baltimore

&,

Ohio road in securing the right of way

through the City of Philadelphia; the notice of sale in
closure on July 10 of the Bankers'

&

fore-

Merchants' Telegraph.

Foreign exchange weakened during the month, and
with the sale of some bonds abroad, and the considerable
decrease in our imports of foreign merchandise, and the

The following

RANGE OP STOCKS
Railroads.
Apr. 30. Low.
132
& Snsnueb
Atchison Top.& 8. Fe
66%
Bost.ik N.Y.Air L. pf.
89 >a
*35%
Canadian Paoiftc
36
29 1« 23
Canada Soutliorn
1018
978
Cedar Falls & Minn.
Central of N. Jersey.
Central Pacitlc

Chea

Chlcaeo

&

York City Clearing-House

New

banks, rate of foreign exchange,

and prices of leading securities and articles of merchandise,
on or about the 1st day of July 1883, 1884 and 1885.
UTtTIKTICAr.

gnMM\Rr ON OK ABOOT JULY.

1. 1!?(?3.

1884 ANI>

Cblc. Burl. * Qiiiuoy
14
^7..'9
Chic. Mil. & St. Paul.
Do
pref. S104
Chlo. A Northwest...
95%
pref.
Do
Ohio. & Rook Island
Chic. St. L. & Pittsb.
'16
Do
pref.
2038
Chlo. St.P. Mlnn.&0.
Do
pref.
74
Cln. San. & Clove...
'25"
Clev. Col. Cin.
Ind.
Clev. & Pittsb., guar. 140
DeLLack. &West'in. 5106>fl
Denver
R. Grande
5^
Dubuoue tfe Sioux C.
314
East Tenn. Va. & Ga.
514
Do
pref.
Evansville cfe T. H...

121

7

.

&

&

A Donv. C.
GreenB.Win.&St. P.
Harlem

New Tork
lx>an8

City

and uiscounts

$ 328,083,200 293,450,500 303,735, -iOO
<>4.I89,G0u
55,817,900 113.»5t>,tiO0
« 15,«1-J,G00
14,344, =)(I0
9.910,700
.*
324,2i9,!IOO 23isl5<.300 376,763,r.00
.*

Oirfulation

Net depoBlU
Legal tendera

$
$
$

26,122,800
81,072,475

Buri'lus reserve
f
tloneu. Exchange, Silver—
Call loans
Prime paper, sixty day*
811 vcr In i/)udon per oz
Prime sterling hillB, 60 days..

9,239,925

Lejcal reserre
lield

,

VniUd Slala hontls—

3», roKlstiTcd. option
68, ciirreucy , 1 808
iHn, 18i)l, coupon
4ft

U. 8

of 1907, coupon

R'ulroad

1885.

Bankt—

Bpecle

Eeserve

1884.

<fe

&W

&

Chicago

90.312,40(1

233

2a2>a

4a4>fl

5>43>U
SOSsd.

50M„d.
4 bo's
lOS's

130

112^
119

l^u»iks-~

Now York

Central <fe Hud.Rlv.
Erie (N. Y. L. E. & W.)
Ijike Shore * Mich. Southern.
MlcIitKan Central
Cliicairo Kock Island & Faelflc
Illinois Central
Chicago i^: Noi thwe«'cm, com.
ClilcaKo Milw. & Bt. I'aul, com.
Delaware Lack. «fe Wostom ...
rcntml of Mew Jersey

Herrhandiac—

11938
37'a

109

4 83
9914

Minneapolis

>S^

I3214
101>«
12-(ls

85 14

lulls

3a4
49 '4 d.
4 86
103 1«

.

&

N. Y.Chlc.

*!

10J.T4

11288
811a
61
II014
56>s

12ol«
92 5^
71^%

93
3tf

%

Elevated. *135
sr.y. Lack. & West
8) la
12
N. Y. Lake Erie & W.
.

pref.

'21%

*«

7
I414

issa

*13
19 la

69
20

74
20

09 '8

21I3

99 .'8
41a

57

7

58

3=8

47

's'li

4I4

"is"
127 13
89

23

90
141a

3t
461a
291a
11
24 13
1758

77%
3>
25
97

961a

"li"

21%

1014

17»8

96

9.. la

71a

89'8

li»

2%

41a

4^8

91a

Pittah.Ft.W.&C.guar.

Do

special

&

143

Rcnest-Iaoi'
8aiRieh.ck Al.si'k, tr. et

Richmond ,V Danville

49
211s

8t. L. ti S.

Do
Do

3%

SO

pref.
Ist pref.

Prices bid.

t

871a
71a
21a

51%
74%
311a

1261s
8713

9
551.-

77 14

•751-:

35%

34"^

§o.-.

97%

§9539

'

29

29

11%

13
2914

261a
lois
§}4ia

7

122
33

125
40

-7

88 ^8

2%

*2

"8's%
938

9014
lOia

144
-8;-

9%

12
23

>^38%
'

9%

18

17%

2lia

183

6%
1%

.--.is

1513

20
183
8
214
518

Mlia

91a

20

14%
10
17

14
9
13

134
122

134

151a
•I6I4

l8

38

13
713

I6I4

17

18
14

58

13

J

313

8ifl

7%

9ifl

13
I33I8

151a
13314

120

120

ISie
81a

113%
2I4

181a

1%
511a
20%

16

3
16

17»a
18
31i«

33 >B

131

SHa

fcHa

•80

'"i"

49
22

48
183g

•2%

3%
17

16

16ifl

171s

20%

30
79

3414

Prices asked.

§8414,

'1%

5

371a

461s
1838

§121
•36

238

4

4018

\12
143

I7I4
{i>5
'

15%

13
12H58

27%

I8l8

37

18%

'"1213

96%

6

81%
1%

•23"

125i« '125
65
51

I6I4

I318
S'b

2%

5%

5^%

37 'b

17
15

Francisco.

"Slfl

§190
^24

40

1

Richuionrtit West Pt.
Rocliesier Ji Pittsb..
Rome Water. & Ogd.,
8t, L. Allim &T. it..

5

16

8

16

141a

17
17

I4

'8

200
26

17

lOH

•
27a
-a

§45

18-8
1713

>a

14%

•>

•4

90

•Ilia

"2014

82%

143

61a

40

419

58

1638

2ti

190

513

314
51a

38

Ilia

19
1838
ISiiU

3-'>8

190
17
12i

14
32
125 18
4313
48

521a

'3%

Do

31
§93 'a

15%

33

821a

17

2i:ii

31

181«
371a

39 14

OH

tl6

•21

21a

Peo. Deeat. & E'ville.
Phlla. & Reading

51Ta
'76
3214

59

35

140
88

141a
J

51^

7

8

pref,

8^8

140

50%
71%
2S%

7
16
22
7-1%

49

515

•"314

89

4%

5r)258

§i2?
5*11414

5H1-J

2'8
41a

514

•46

46

140

§:!ti3

104

438

51a
*3i4

.%

5

1391a

33%

28

10«% 101 14 §93
59

3i8

*4
*8
«4>a

141

l-'s

Northern Paciho

18%
06

•30

3314

•8

SOH

1271a 126I9
71»8
721a
10-i% 10818

1271a 512314 §129
II314 118

15
21

6%

•18
1738

1203a

"15"

I41114

»3il

152

152

114

•7
•2

'

136I4

130'a

189

&

S14
lia

124%

Y.N. H. &Hartf'rd

&

4ie

734
41a

*60'

N. Y. Ontario*; W...
VVost..
N. Y. Susq.
Do
pref. .
Norfolk
West.,i)ref

.V.

3%

•71a
•413

•3613

•*

&'NewEngl'd.

*1

123"

j.ref.

Do

32

*36
89^8

New York
N. Y.

29 14

124% 122% 124%

St.Louis.

Do

8378

5o
51
114

I2514

713

Nashv. Chatt.<fe8t.L.
S. Y. Cent. Ac Hud. K

38 '8

30=8

nils 115

94

95

OhioSouthirn
Oregon Short Line ..
Oregon & Trans-Con.

Cotton, .Mlildl'g TIplandB.il ».
11
IOI9
Wool, Anieiicau
$ lb. 32 940
33940
32 834
Iron, Anier. pig, No. 1..!^ ton. 20 00a>22 00 20
00®2150
18 00»18 50
Steel ralU at mills
38 00
30 00
27 00
Wheat. No. 2 red wln.^ hush 113V1 17Js 94\'ai95'4
IOOI4
Com, West. mix.No. 'i.^ bush, 61^6113
53%
954
Po'k- "o"•hbl
17 KO
1«2'.
11 oo-n 5'>

XX

Mo. Kaus. & Texas
Missouri Pacific
Mobile & Ohio
Morris & Essex

Ohio Central
Ohio & Mississippi...

I2i8

'*l6%

prel-

11258
1221a

54I8

123
133

52

lUHi

71

'*30"

8t. L..

13:114

97%

"9614

Michigan Central

129
lie's

5718
723a
3118

.

35%

I014

"5""

& West

Lake Erie

2uia

36

11
411a

93

61%
71
663a
101% 103 la
102% lOi
9058
95% 9314 §89 la

85

no

32

101a

512II4
6738

193
20
124% 128

•15

Tex. Cent..
Qlinois Central
Do L'sed Line! p.o
Indiana Bl.
Houst.

28,813,300

43,628.700
71. .'139.575
94,190,975
81.61)1.200 1137,585.300
13,121,025
63,391, l-.ia

i'io"'

41'%

1381a

198
15

Mil. L. 8I1.& W..pref
18"?^.

137

Ft. Worth

Do

1883.

413
814
518

pref.

L,ake8Iiore
Long Island
Louisville & Nashv..
Loulsv. N. A. .% Chic.
Manhattan, conaol.
Manhattan Heach Co.
iVfemphis ^ Cha*st.on.
Metropolitan Klev'd.

of the

418
718
41a

133

93
39
26

39

•;y
10%

29 14

-V

June 30.

High..

133

40
30

31

137ia

Alton

Do

June.

May 29. Lme.

37%
31%

*4%

2d

133i«
71^3
901a

3lia

7%

St pref
pref.

1

JDNE.
.

3d%

Ohio

ft,

Do
Do

vance of shipments, the rates for sterling

were lower.

MAY AND

Bioh..

Alban.T

Jollet

bills

IJf

May.

prospect of cotton bills soon to be on the market in ad-

The following summary shows the condition

.

table will

84%
t

•33
•83

Ex

2%

dividend.

Iflis

19%

•48

•18
•16

.

.

July

.

Xay.

.

Um.

Apr. 30.

Baii.koadr.

St. r. Aliiilulli.
Iio
prnl..
St. r«iil Mlun. ic

Man

aiah.

82
83

67 «i

.

Uau

IVmih A

lOU

I'aciltc
lIiiKiu I'lii'ino

prof.

2>ii

Uia

Tt'l.

A

Cabin..

7
119

17

20
60

T

Q
57*4

'2

5»
137
94

.

09

7H

n

10%

53

49^8

nag

12
5 t3g

3>8

50 Sg

"iv'i^

19i«

2^

S7%

623g

1
5St>8

63'8

I..Mining
.i;nni.i..( ,>al
Iron

A

137 »I3l
97 •« *a6
52
S3>ii
llOHi 110

ftl>a

100%

11
lUfl

9>«

'ID'S

Homrslalio MliiliiK
Now Ccnirul Coal
Oiiluno

(il

•!

1

20

Mm

03i«
51 >«

559%

52%

.IS

115

112

11% -10

•9>a

14

14

IIuil. Ciiiiiil...

.V

xlK'ctHi liiiprov. Co..
Oi<i;-ii

Uv ti Niiv.Co.

faviUcMail

f uUiutiu

Total debt, old form
Increased br—
PaciUc RU. bonds..
Aoc'd Int. thereon.
.

44

44

93
76
21

9X>ii

6e»4

S3
§114

Oar

Polac-e

i

iTutts 1.

1.

1,875.I<I7,«5«I

>

1,0.18,705

by—

23%

29
76 "a

7r,

0!)lll

56>9

55%

48''8

§120

SOH

73

77'a

115

§118>s

5>5
75«i

fncor Dff
*
+48,028

11,910- ««,«5l,0|n
1,94l,S70,»tO

:

13,593.410

I4,.'r?l,330
I

aifi-a.nm
816,000- 50,281,MO

38,3-O.TOO

.

I

j

99

511214

9,in8,H8S

84,62^,513
1,B15.5S«

1

11,010- 6',67S,«57
l,9lTj41,«18

Oold cert. In cash
BMrer cert. In cash
08>ii

1,876,119,930

04,623,512

due and unpaid

Decreased

82%

7314

'l.4S\2l4,IS0
|l,MI,n9I.OII

|

25

4'9
1'4

92
82
27
70 It

'o

1«>W
t8'«

1,
1,

l,frn,»ll,<HO
40.878,931

In ordor to explain the difference betvreen the old and new
forms of stutotnont, the following reconciliation of the two
is given, but will only be continued for a short time.
RECONCIlilATlON BBTWBEN OLD AND NEW STATBMB.TTJ.

.

CoiiHollil:<tiHlCiHsCo.
1)<1.

Debt, loss cush In the Treasury. July
Debt, losi cash In tboTrojsury, June

Int.

"25"'

„

lt«iiia

*fl4

VAUioca.
I.

Total debt, loss arnilable eash
ffetcinb In tho Treasury

-ISS

97»4

110

25

3%

137

13,1

4J4

.^iiiiiljird .Mill

Clinton

r,e«s cash Items uvallnbin for reduction of the debt. ...1^8,888,023
|
Less rmervo held for redemption of U. 8, notes
iaoA)0.000'—Mi/W.098

Daereasoof debt during tho month

4>«
8

US

60%

05

52 U

tos

1,'Mi.ksilvur

H3
101

7

119

'

Q

13.'5

llDiig
<

83>4

9

July

Adams
Anifirlcan

56

.'i6i«

Mi'icirta
WiMtorn Untoii
£XI-K1CHX.
.V

83>|

3>4

118

TKLKOU.VrH.
Amcrli-nn Dint. Till

24
H3

106

U

7

Warren
ADU-r.

55^

473s

196

rnllpil Cd.'k iif N. J
W»l). Mt.L.&t>iwilla.

Buiikoi'H'

ll\

ll<>8

4Ui9

HlaK.Juiw30
24

20. Jitne.

-5

82
86>a

Soulli Cai-ollmi Ui:

Uo

I
'

THE CHRONICLR

1885.]

4,

—

Cert of dep. In cash

200,000- 52,164,110

new form

LRStf, 577.101

24»4

Total debt,

75'ii
.>^38

489,612,429
Cash In Tr'y, old f'm
479.670,409 +9.012,020
Reduced by certs..'
60.261,940
88,164,110
as above
Assets not ovaU'ble 32,103,31)6- 84,269,475^ 32,590,481— 8i!,«.'52,42l

11818

44 7g
117

1.891, 100,00o|-l,381,89a

',

•Price* bid.

I

Pricen asked

4

Ex-dlvldcnd.

BACKERS' STKKUilO KXCHANOE (FOSTBD BATES) FOB .lOSE, 1883.

Cash n Tr'y. new f'm

404,342,954

I

+7,8U,9aS

Made up
June.

60

De-

days.

mand.

June

1....
2....
8....

4 37>«

4 89

4 87

4«8>4
4S8>«
4 "8

13....
14....
15....
16....
17....
18....
19....
20....

4 87
4 87
5.... 4 87
6.... 4 87
7....
8....
9...
10....
11....
13....

I

j

4 88

4 38
8.

4 87
4 87

4 88
4 87«9
4 87
4 87

4 8«>3

4 86

4S6

60
days.

4S6

June.

4 87.
4"87"'

8.

4 86

4 86

4 87
4 87

4 86
4 86
4 86
4 86

21
1

Dema»Kf,

4t^7

4 87

De-

days.

mand.

4

85%

24....
25....
26....
27....

4
4

28....
29....
30....

4 83
4 83

4 85

85%
83%

following

86%

4
4

8-i

4

8H%
80%

4 87
4 86%

4 83
4 85>a

1

i

4 86

Range
HlRh l87%
Low. 4 83

4 89

4g6

1

the
statement of the public debt as
appears from the books and Treasurer's returns at the close
of business on the last day of June, 1885, according to the
new form adopted April 1, 1885.

INTKKE3T-BKARINO DEBT.
Issue.

jP'i/'We

jtegtstmd.

Coupon.

Tbtol.

The following statement, from the office of the Treasurer,
was issued this week. It is based upon the actual returns
from Assistant Treasurers, depositaries and superintendents of
mints and assay offices:
Litbittties.

Gold.— Coin

in treasury
Bullion In treasury

179,952,890

.

67,075,735

247.028,826

Cortlflcates Issued

Less on band
128,729,780

169,451,998

15,268

50,g92,S00

eOl.,587,390 136,132,JS00

Net sUver held
United states notes in treasury

67,931,033
40,017,379

.

29,785,000
200,r00

Ccrtiftcates issued

Less on band

39,586,000

So,

Aggrexate
• ij,383,00'>

,200,774,403

mature

.Ian. 18, l.snS; »840,OflO

Not.

1,488,S6» 11, 431,7*8

Net U. 8. notes held
National Banknotes held
Deposits in Nat. Bank depositar's.

189J: $3,680,000 .ran. 1. 1S96 :
1897; »29,904,9i2 Jan. 1, lij98: «U,004.560

Totals
Public debt and Interest-

DEBT ON WHICH INTEREST HAS CE.\SED SINCB MATOKITT.
Areregato of debt oo whlcli Interoit bin oea«J slnoo maturttj a t4,100.935,

Interest due and unpaid

1,473,597

Matured debt
Interest on matured debt
Debt bearing no interest
Int on Puc. RR. b'ds duo, unp'd.

4.1011,993

Fractional currency redf emed.
One and two yr. notes rodeera'd

3,288

Interest checks and coupons pd.

41.4.30

51,380,000 Keb.
an. 1. 1889.

X.

leBW; »».713.000 Jan.

1,

1.

interest due and unpaid thereon, $227,^00.

DEBT BEARING NO INTEREST.

Xiegal-lendcrnotes
'CertlQcates of deposit
Less amount held In Treasurer's cash

amount bold

In Treasurer's

cash

-surer certincutes

amount

held In Treasurer's cash

•Vimotlonal currency

Less amount estimated as

15,463,379
3,151.623

13,928,364:

13,928,381

477,610.889i257,845,676l3I9,7«5.«13

.

I

32-;,2(10

3,28«
13,2T0'

5,820,347

21
44.7.361

477,655.82« 263.668,023
Totals
100,900,000
Res'vo ag'st U.S. notes, Acts '75Jc'82
Fund held forred'eraing notes of
"in
liqulda
Nat. Bks. "failed,"
38,460,938
tlon," and " reducing circulat'n"
135,394
F'ndheld for red. Nat. gold bk. notes,
Five p. c. rd lor red. Nat.Bk. notes 10,537,603

•Gold cortlflcates
liOss

3,154,623

"

AjTionnt.

i

Old demand notes

I«ess

Balances.

101,680,948

Q.—J.

199,007,500

—9.1.'S6,8ea

Certificates Issued

$

19«.190.500

pension ...Ij.AJ.
Paclflc Rti9...| J.AJ.

«a
4srefdc.oertfs.'

1,401,301,011

Lesson hand

15,636
532,989
887,168
67,714

tiiS

1,395,549,521 —8.993,994

l,4S5.2.'i4,I50:

Silver.— Standard dollars In treas'y 105.413,t;2
4,038,888
Bullion in treasury

Dim
AUnpaUl.
Int.

t

Option. Q.— F.
18»1.'q.-M.
1«37.]q.-J.

t»

1,3811.555,527

Net gold held

Amou nt Ou UtatuUaQ.

\lnter't\

30.093,022

40,676,931

Debt, less cash, old..
Debt, less cash, new.

Assets.

it

Chanefrot

Balance

300,621,967

1885.

official

is

of -Cash
available for debt 383,660,023

UNITED STATES TREASURY STATEMENT.

s.

THE DEBT STATEMENT FOR JUNE,
The

4

4 37
g

22....
23....

60

lost or destroyed.,

49,ItM.83»

Aggregate of debt bearing no Interest

RECAPITULATION,

Nat. Bk. notes In process of red
Post OflSco department account...^ 3.034.348
31,918,190
Disbursing Officers' balances
•40,016
Undlstrib'd assets of failed Nat.bks
6,642
Currency and minor coin red. acct.
Fractional silver coin rcdemp. acct.
115,986
Int. acct.,Loulsv.A Portld. Canal Co
000
Treas'r's tr'nsfer chks.&dfts.out >'g
6,027,751
Treasurer U. 8.. agent for paying
interest on Dist. Columbia bonds.
l48,Sfti

6,':91,068

|

Princlpol.
laterest-bearinff

debt~

»

Ibtal.

«

3SO,OO0,O«O
737,710.830
104,190,500

4}<s

u
s»

Refnndlng
Paclflo

'^40.600

certlflcat«s, 4s.

Navy Pension

fund, 3s

KR. bond', 6

p, ct.

f>ebt on which Int. has ceased

Oebt bearlnic no interestLegal tender notes, Ac
Certificate « of deposit

31,807,314

14,000,000
.

64,823,5I2-I,a80.774,462 12,926.829 1,973.700.091
4,100,995
227,200!
4,328.195

ccrtlflcitlos

•

Fractional currency

Total debt

1,875

rund. Central Paclflc Railroad),

935,513

84a,7SS.9««

Totlls

29,5aS.00O

Balance
Assets not available; Minor coin.

I

Gold

surer certlQcutes

Interest on Dist. Col. bonds paid.
U. S. bonds and Interest (Sinking

128,729,730
101,530,948
C,964,17(>-

Fractional silver coin.
811.548,818

811,548.818

124,278

13.1V.f.H2W I.HtiB.577.ult

l,i*7B,

186,974,104 444,097,173

40,070,931
868,401

31,338,891

83,105^06

Aggregate.
I

17,47«.4'W

.

33,106,886

444.«aM73 7il.7«Cf«»

:

.

:

THE CHRONICLE.

10

HANDBOOK OF RAILROAD

SECURITIES.

of the
This semi-annual volume, published at the office
Chronicle, will be ready about July 10. The book contains,
for investors and
as usual, a summary of practical information
in any
operators in stocks which could hardly be equaled
descripgiven
a
is
there
First
size.
same
pubUcationof the
bonds outstanding
tion of the principal railroad stocks and
after this a statement of the
successive
earnings and net income of the railroads for four
charge
years, together with the amount of the present interest

at latest dates obtainable,

per year.
The record of prices

and

complete by months for the year 1884
the highest and lowest each
showing
and six months of 1885,
month; and the range is also made up in the present volume
made in
for ten years, showing the highest and lowest prices
each year and the date respectively when such prices were
is

reached.
table of dividends paid for the past six years on railroad
stocks is a most interesting exhibit, particularly in the present
times of stringency, when many railroads have reduced or

The

altogether suspended their dividends.
The gross and net earnings of railroads to the latest dates
yet reported in 1885 are also given in this book, compared with

the earnings for corresponding periods in 1884.
The price o! the Hand-book in red leather covers is |1; or to
regular subscribers of the Commercial and Financial Cheon.

[Vol. XLI.

that speculation is mostly absent, and that the business now
doing represents bona fide operations on which the profits
realized are unusually small, even if they be not frequently

altogether wanting.
Money remains as quiet and featureless as ever. The heavy
subscriptions to the Chinese loan have caused a temporary lockup of large amounts of capital, but there is still a superabund-

ance of money lying idle, and rates keep low in consequence,
notwithstanding the existence of some demand for gold for
Germany. The Bank of England return is very strong. There
increase in the reserve in the week of £810,000,
bringing the total up to £19,019,000, the proportion to liabilities being as high as 53-53 per cent, against 51 -6 per cent lasfc
week. The stock of bullion is £38,089,000. Were there any
prospect of financial disturbance, the present strong position
of the Bank of England would be a matter for congratulation;
but as no diflBculties are looming in the near future, this accu-

was an

mulation of resources is rather to be regretted as an unhealthy
commercial symptom, and the dispersion of a large portion in
the fostering of legitimate enterprise would certainly be wel-

Compared with a year ago, when the Bank of England rate was the same as now, the reserve shows an increase
of over £3,000,000, and the stock of bullion of rather less than

comed.

£3,000,000.

The

rates for

money have been
Open market

ICLE, 75 cents.

:

Interest allowed
for deposits by

rates.

Bank BiXle.

UmAon

as follows

TraAe

mm.
Joint

At 7 to 14
Fowr
Six
Stock
Three
Three
Moniyis 3fontfc« Afontlis Mantha\Months\Month3 Banks. CaU. Dava.

May

BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MIOHASBM AT LONVON-Juae
On—

20.

Sale.

Timt.

Amsterdam. 3mos. 12 2\ »12-3i4
12-2
Amsterdam. Sigbt. 121
Hamburg.. 3mo8. 20-55 a>20-59
Berlin
?rankfort...

205.^
20-55
12-55
12-55

a20-59
3'20-59

EXCHANGE ON LONDON.
Latetl
Dale.

Time.

June 19

Short.

1207

19 Short.
19
19
19

20-40
20-36
20-40
12-42

June
June
Jime
June

®12-60
®12-60
Trieste
Antwerp. ..
25-41Ua25-46V4 June
2j58S23?4
June
St. PetersbV
Paris
SUort. 25-l'-aiaJ5-23% June
Paris
3 moB. 2.'i-.i3?4®25-3Si4 June
25-52is®25-57% June
Genoa
Madrid
461)6-<«40Si8
.Tune
Cadiz
June
46li6®463i„
Lisbon
Jine
5115i8a521i6
Alexandria
June
Gonstant'ple
June
Bombay
D'm'nd
Is. 7d.
June
Calcutta
Is. 7d.
June
New York... 60 days
June
Hong Kong.
June
Sbantrtaal.
June
Vienna

Short.
3 mo3.

Cheeks

Bate.

25-27
243,6
25-20>s

Short.

3mos.

47-00

110-87
tel. tsfs

60 day f

4mos.

Is. eiSifid.
Is. e'si.

4-8513
38.
4b.

CMlo^d.

im> -

20, 1885.

The past week has been a rather uneventful one. Nothing
has occurred politically to influence commercial affairs. The
general election will evidently be delayed until the Autumn,
and an immediate hindrance to trade is not therefore to be
apprehended from that cause.
It is generally believed that
our foreign relations will now be conducted on such a basis as
shall reduce trade disturbances to a minimum so far as they

1><® - 1?^®

- 2 e2« 2M32!<l2H<aS

a - 1M@ - 1>^® - 1«32M 2 ®2}^ 2%®2:
?i® - 1 ® - l^alVi 1,4@2 lH&^H]iH®2H
1 @ - 1!<® - l^^Ui'lH^V
lH@i2'A 3 e

«®
M9

WH ® - lJial« lk®3
—1^15-16 VA»

IM-IX
H- H
H- H

Hi

1

1
1

l«®2>i 2 ®2>4|

H-H

1

- lH@iH 2 S2M 2H®2MI

1

The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
the price of middling upland cotton and wheat, and the Bankers'
Clearing House return, compared with the three previous
years
1885.
a
OiroulatlOD.excluding
biUs..
24.769,725
&
other
7day
7.738.028
PubUo deposits
28,3-22,649
Other deposits
Govemm'tefcourlties. 13,743.004

1882.

1883.

1884.

*

«

a.

25.036,090

25,096.075

9.8!»4.117

8,«41,9ii2

23,762,853 22,776,461
13,613,513 13,3l4.b98
21,979,588 22,689,217
21.112.0S0
Other securities
Sea' ve of notes & coin 19,019,987 15,866,537 12,747,111
bullion
in
Coin and
both departments.. 28,039,712 25,152,627 22,093,192
Proport'n of reserve
46''8 p. c.
41 p. o.
52 52 p. c.
to liabilities

25,552,610
7,331,543
23.904,464
13.774,159
20.836,693
14,501,885
24,304,495

46

p. 0.

3 p. 0.
'2 p. o.
14 p. c.
2 p. o.
Bankrate
99%xd.
9978xd.
ICO^exd.
99iiisxd.!
Consols
5d.
478.
42s.
9d.
33s.
4d.
8d.
378.
Eng. wheat, av. price
6i4d.
6d.
53,«d.
59iod.
Mid. Upland cotton..
lO^ld.
9i8d.
g'ed.
619:1.
No. 40 mule twist....
„„„„„-„.
Cleartait-HouBeret'n. 116,138,0001116,179,000 133,202,000 109,026,000

The Bank

[From our own correspondent.]

London. Saturday, June

13
22
" 29
June 5
•'
12
" 19
••

rate of discount

ohief Continental cities
have been as follows:
June

Rata

and open market rates at the

now and

18.

June

for the previous three

June

11.

weeks

May

4.

28.

01

Interest at

Bank Open
BaU. Market

Bank 0pm
BaU. Market
a

Berlin

3
4

3«

4

Frankfort

1

3M

4

Hamburg

1

3

4

m

m
m

Bank

Open

Bon*

Bate.

Market

Bate.

4

2«
iH

4
4

2M
2H

3

3
4
4
4

Open
Market

am

2»
8J«

by the uncertainty as to future events. It is Amsterdam
3
2»
2Ji
8M
2K
2M
S
3
this uncertainty and consequent want of confidence which have
3
ax
3
2W
2W
4
4
4
4
4
4M
4M
4
had Buch a deterrent effect upon oparations of late. Now that Madrid
4
4
4
3«
3«
4
they are removed we must wait and see whether business will
e
8
e
e
6
6
6
6
8t. Petersburg..
sw
Boon be showing signs of improvement. Unfortunately, at pres- Copenhagen.
8«
3W
SH
ent, such signs are conspicuous from their absence.
In no deMessrs. Pixley & Abell report as follows on the state of the
partment of industry is there any real life promising permanent
bullion market
development. Complaints of stagnation are still everywhere
Gold. —The amount received since our last by the Bank of England Is
apparent more or leas.and the continued accumulation of capitaj £404.000, and on the other hand £214,000 has been withdrawn. Of
this £132,000 has gone to Germnny and £50,000 to Siuih America.
at all the chief monetary centres, whether of Europe or America
The Indus from Australia brought £2.')0,000; the Garonue from Melare influenced

m

..

but too true a tale of the real state of business. Unemployed balances have now assumed such plethoric dimensions
tells

that

it

effect

will require a decided expansion of trade to have
much
upon them. But in spite of the unfavorable reports

which reach us from most parts, there is a singular absence
of
rumors of important difficulties amongst the leading
firms.
From this it must be inferred that the weak houses have been
already weeded out, and that those which
have continued
tteir operations have reduced them within
safe limits. Possibly the best explanation of the
position at the present time is

m

bourne, £65,000; the La Plata from Brazil, £26,000; the Magellan from
Chile, £10,000; total, £351,000.
Silver.—The silver market has been serlotisly hampered during the
past week by the breakage in the Eastern Telegraph Co.'s syst-^m, atid
we quote this day 493i,d. per oz. standard. Owing to a special order
for tiie Continent having been received, the price has been maintained,
the Indian banks being unwilling to operate above 49191I.. and only to
a limited amount at that rate. The banks of Bengal and Bombay have
reduced their rate of interest and discount to 5 pt- r cent. The airivals
have been: From New York, £«6,000; Chile, £53.(iOo; and the shipments to India, per Siam, £64,500, piT Pekin, £27,000.
Mexican Dollars— Have been sold during the week at 4 8'i6d. on
French account, and the chief arrivals h:ive beeu: From New York,
£5,200; Vera Cruz. £106,0(0. The P. <St O. steamer Pekln takes.
£i>2,878 to uhlua and the Straits.

The quotations

for bullion are reported as followB;

July

THE CHRONICLE.

1883.1

4,

JUIMlS. June

TrUAot OtUL

d.

•.

Bar goM, Sna.
oi. 77 «
Bar (rol<l. ooritaln'ir.
SOdwts. oIlTar.oi. T7 lOM

11*

«.

4.

n

lOM

.

Bpan. doublooDB.oi.
B.Ajn.doubloonfl.oa.

PH<«

«/ SUiMr,

Juii4 18.

/utull.

Z

i

Bar allTor. fln«..<». MS-IS
Bur illTeriOontaln-

49 8-18

40 0-ia

49t>-l«

Cake illTer
os- fts i-in
Uexloan dols...oa. 48 8-18

B3 1-1S

liiK

5

Krfl*

ROld..oi.

48

11

run/anA.—Tbe arra iindar whent tbia rear la verr little lo ezoraa of
tliat ^flvcn In th« Rkvi^iiiiv Ailiiilnlalratfnii report for tli« year 18t-3 4.
Bill It iiiuy be niwuniril tliut tlin iictiiul area Ih really larircr.
In former
utiilciiiuiitB a larKc urea iimliriiilxtiirRH of wliitnt lian liecti xbown aa
umlnr pure wbcar. Tbln year, wliprn Ilm (jniln of Ihn inlntiirca Is
linrvpHleil aeparately, half toe
iiiiriRr lulxtiirpx hoii bncii calciilutetl
aa uriitir pure wbrat, wlillc In tlioHo (llBtrlctK wliisre llip nilitiiriH are
not liurvoHtcxI »(<|>arnt('ly,tlu' nriii uiiili r kiii-Ii iiiUliircH liiin tieiiniillrplr
exi'luili'd from tlia wliriit ri'tiirpH.
'ilin diffi rmifw In iirda Ih ouly. 1H81,
7.aii».llO() iuucn; IHmT), 7,3H1,400 lurc".
tho Bttiuo iiidlbod of

ami

Had

The most important feature

of tho week,

financially, has

been tho issue of a Chineao « per cent loan for £3,250,000 at 08.
One-third of the issue was effected through the Hong Kong
and Shanghai Banking Corporation, and the remainder through
Messrs. Baring Bros. & Co. and Messrs. Mattheson & Co.
China brought out an 8 per cent loan for £627,67'> at 98 in
1875, and another 8 per cent issue also at 98 for £1,604,376 in
1877.
Both of these have been paid off. In February last a
7 per cent loan, at £98 for £1,505,000, was successfully placed.
There was quite a rush to hand in subscriptions this week, so
much 60 that the lists were only kept open one day. Messrs.
Baring received applications for about £15,000,000, and the
subscriptions received by tho Hong Kong & Shanghai Banking Corporation for their portion of £750,000 amounted to
between fifteen and twenty times the sum required.
Tenders for £4,000,000 Dominion of Canada 4 per cent stock
will be received by Messrs. Baring Bros. & Co. on the 29th
The price of issue is 99 per cent, and the loan is redeeminst.
able within the years 1910 and 1935.
The Crown agents for the colonies disposed of the Western
Australian 4 per cent loan for £535,000. The applications
Taried from £97 lOs., the minimum, to £101, and the average
rate was £98 2s. 6d. per cent.
Subscriptions are invited for £483,750 5 per cent debentures
of theMoqyana Railway Company of San Paulo, Brazil. The
price of issue is 96 per cent, and the company has an imperial
guarantee, for twenty years from 1884, of £42,525.
Tenders for £1,195,000 Treasury bills will be received by the
Bank of England on the 1st proximo. This will replace an
issue made in April last, at an average discount of £3 14s. Sd.
per cent.
According to Kemp's Mercantile Gazette the number of
failures in England and Wales gazetted during the week
endmg June 13 was 83, or 39 more than in the corresponding
week of last year, the net increase to date being 214. The num
ber of bills of sale published in England and Wales for the"

week ending June

calcnlutton

iK'Cii appllud to last year It Ik prohabio Hint tb« area under
wheat proper woufdnotlinvelieen more than fl.dOd.OOOaeren. Inwidltlon
to an Inerittsed area under wheat, nioHt reportH show that thfi outtnra
la ftenerally Kood.
K»ce««lvo rain and cloudy weather eauHed matin
tbe Dinlstpr trnctH. ami the onttiirn In tho iiuirrigated landx Ik this year
probably higher than on Itriirated. There la no reaaon for alterlnft tbft
report made in April that this year's crop la a fall average one. Unfortunately the recent heavy raina iniiHt have done some daiuai:e to tbA
barveat. The croi) hna been alnioat everywhere cut. but very little ha*
been thrcolied nnd gathered In; tho Rreater part la atlU lying out In tbe
flelila, and is exposed to storms and ralno.
Iforlliwext I'rotiiicet and Oudr.—Tha urea under wheat, according to
the April rcturoH. which are final, la 6,'.'98,026 acrea, showlnK an Increase
over M.'iich of i:i.023 acres, an Increase over normal area of 332,343
acres, and an Increase over laat year of 111,G'28 acres. Tnklnj? normal
at 100, the area under wheat In tho present year la 106, aiea under
while wheat Is 1,217.855 acres, area under red wheat la 3,013,496 acrea,
area under mixed white and red wheat, 2,066,675 acres. The entire

crop has been safely harvested, and with the exception of hlfrh wrsieily
winds In parts of the Agra and Rohllliund divisions, which sllKhlly
shrivelled sonic of tho (train, and, save hail In a tract of the Biilandi-hahr
district, the weather during April has been most favorable. Taking ICO
to represent full uvcrafie condition, the April returns which are haaed
on the appearance and weight of the crop harvested, show the condition
of the ero|) after havestingas follows; 517.S30 acres at PO, 4,Hi>,873
acres at 84. U34,923 acres at 75. This shows an improveiueut on the

whole compared with the prospects entertained in March. 1 ho gross
outturn of a full average crop on the area now finally ascertained would
be ^..iOO.OOO tons. The present tiual harvest estimate of this year's crop
Is 2,100,0uo tons, or (iO.OOO ions lu excess of the outturn estimated In
March. Taking 100 to denote the grops outturn of a full average crop
this year's crop is 84. Of this total crop SOO.OtO tons are while wheat,
780,000 tons are red wheat and SS2,000 tons are mixed white and red
wheat. Adding the (iO.OOO tons surplus of the 1883-4 crop, the total
Stock of wheat in the Provinces after the hai vest In April was 2,160,000
tons, of which, after dedncting food and seed for the coming year, it la
estimated that 410,000 tons will be available for export.
TAe /<frar«— Area under wheat, 819,057 acres; outturn, 135,770 tons.
Untimely aud heavy rain alfected i-lightly the quantity and quality of
the crops. Existing stocks of wheat estimated at 38,108 tons.

The following return shows the extent of the imports of
into the United Kingdom during the past
weeks of the season, the sales of home-grown produce*
the average prices realized, and other items, compared with
oereal produce
41

last season:

IMPORTS.
1S84-S.

Wheat

owt.

Barley
Oats
Peas

14,193,020
9.980,542
1,61.5,725
2,6:15.958

Beans
Indian corn
Floor

1882—3

1883-4.
40,244,866
12,S44,022

42,1.".7,3.'!9

20,899,513
13,756,434

1881-2.

»,S10,U8

52,31«,181
14,109,162
11,804,917

1,469,756
2,104,251
20,760,711
12,011,744

2,238,230
16,688,122
13,732,075

47,3,'.0,9ia

11,138,919
8,165.763
1,639,558
1,477.715
17,496,165
7,766,856

i,7fi8,673

Supplies available for consumption (exclusive of stocks oa
more than last year, the
The number published in Ireland September 1) in 41 weeks:
1892-*?
1884-5
1883-4
1881-2.
than last year, and making a net decrease Imports of wheat, owt. 42.1
57,339 40,244,VG6 52,316,181 47,3=>0,9ia

13

was

254, or 58

increase to date being 203.

was

10,

being

to date of

11 less

Imports of flour

9.

Although the nights have been cold and the wind more
easterly than could have been desired, the weather of the past
week has not been on the whole unfavorable to thecrops.
The wheat is coming forward well, and promises a good crop
on heavy lands. A continuance of seasonable weather will
cause further leeway to Ij© made up, and with average conditions the harvest will now not be more than a week or ten
days late. But beyond an average crop, is not to be expected.
Oats would'do with a little more rain, but barley, beans and
peas all look well and promising.
The grain trade has remained quiet, but the tendency is not
BO weak as it has been. Although crop reports here are no*
unfavorable, the accounts from the Continent might show
some improvement, and it is evident that the yield in America
will exhibit a very heavy deficiency. Wheat, therefore, in
spit* of its present inanimation, should shortly display greater
steadiness. Were the agricultural interests both here and in

Sales of

13,756,134

12,011,744
35,095,540

home-grown. .35,254,597

Total

The extent

13,732,075
37,627,633

7.76K,856
29.416,000

91,168,370 87,352,150 103,075,889 84.533,766
of the sales of home-grown wheat, barley and

England and Wales during the
weeks of the season, together with the average
realized, compared with the previous season, are shown

oats in the leading markets of

past
prices

41

in the following statement:
1884-85.

Sales.

2,457,837 34

s.

d.\

112,446,748133
3.049,914 31

3110

S.O.iO,?!!

271.377 20

313.01oi20

5|

^«'"-

i^'^

d.

t.

Wheat, qrs
Barley
Oats

1682-83.

18S3-84.

it'ge
Price

Sales.

i^
t.

d.

9U,170.S2n 41

5

9 l,944.9i:il33

4
«

l|

252,7.->7r21

Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
Wheat

1884-5.
owt. 35,251,597

1883-4.
35,095,540

1882-3.

1881-2.

37,627,633

29,416.000

The following shows the quantities of wheat, flour and Indian
America more strongly placed, it would be only fair to assume
com afloat to the United Kingdom:
grain would not be at present forced on the market. On the
Al present,
Laslweik,
Last year.
1883.
contrary, it would be held back speculatively, in the hope of Wbeat
qrs. 2.512.000
2.600,000
1.7I4,00<>
1 ,949,000
Flour.eqoal to qrs 241,000
171.000
244,000
221,000
being sold at greater advantage later in the season. The large Maize
qrs.
281,000
322,000
103,500
365,000
quantity on passage tells against prices, and checks an imEasIIah Financial markets— Per Cable.
provement, but tho American shipments during the new seaThe daUy closing quotations for secunties, &c., at London
son may exhibit a falling off, in which event the excess in the
are reported by cable as follows for the week ending July 3:
supplies on passage over last year may be reversed. Then of
course the fact must not be lost sight of that the stocks in the
London,
Hon.
Tuts.
Wed. IKurs.
JFri,
SM.
United Kingdom are considerably less than what they were a
49 14
49>4
Silver, per os
4914
49»4
49 >4
d. 49 »4
year ago. Were there any speculative feeling abroad the more Conaol sformoney
9911 If 9939
9938
9938
99iiia 99 \
for aocoimt
99%
99^,8
99%
99%
99i>ie 9938
remote prospect would not be so ignored as it is. Unfor- Oonsols
Fr'oh rentes (In Paris) fr Sl-35
91-20 8080 81 r2>s 81-07'3 8110
115»8
tunately, business remains confined from hand to mouth, D. 8. 4 "as of 1891
11558
115=0
115«B 'UoH U5»8
a. 8. 4a of 1907
125^ 12.-.% 125
125% l25-'8 125%
millers restricting
I

their operations as

The Agricultural Department

much

!«j

as possible.

Government of India
April on the prospects of

of the

have issued the following report for
the wheat crop in the Punjaub, in the Northwest Provinces
and Oude, and in the Berars:

(Canadian PaclHo
Clilo. Mil. &8t. Paul....
Krle, common 8tw^k....
nilnols Central

Pennsylvania
PblladelphiaA Reading
Sew York Central

U'lfl

40 \
73
10

128^

128'«

48 "4

47

41'8

73

40^8
73 •'8

86 '8

41>4
7314

42

12808
17

129

72%

9T»

9 '9

10

128%

1281s
47 14

47 14

6%

73h
88>f>

41
7338

47 >«

6%

6'8
I

8679

I

)

86%

..

>

!

:

.

THE CHRONICLE.

12

CgommerciaX and ptisccXXattCous

gms

interest^
BONDS Held by National Banks.—The followingCurrency
the
i
ing statement, furnished by the Comptroller of
nationa
shows the amount of each class of bonds held against

oanK
bank circulation and to secure public moneys in national
gave the statement for June 1
depositories on July 1.
to that the
in Chronicle of June 6, page 673, and by referrmg
changes made during the month can be seen.

We

[Vol.

total imports were $6,819,567, against |6,138,904 the pre
oeding week and $7,003,833 two weeks previous. The exports
for the week ended June 30 amounted to $6,91.5, ."iST, against

The

week and |0,010,36S two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Jane 35 and for the week ending (for general
merchandise) June 26 also totals since the beginning of the
fJS,971,919 last

;

first

week

in January:

rOKBIOK IUPOBT8 AT
For Week.

S.

IT.

Deteriptimi of Bands.

3», Act July
Curreooy 6s

Botids Held July

1,

1885.

Bank

in Banks,

Circulation.

12, 1882...

i^a i>er cents
4 per cents

Secure—

iKsiied duritig

1,

$318,421,423

18S5.

$«90,240
48 ,335

June

retired during J uue

Amount outstanding July

1,

1883*..

Amount rc-iesucd

Amount on
*

iSc

b'nk uotca

retir'il in

—

206,905

$318,631,328

..

Legal Tender Soles—
Amount on deponit to redeem national bank
notes June 1, 1883
Amount deposited during June

$1,449,693
5,369,874

$8,932,916

$'J,197,112

$0,819,567

Dry Goods
Gen'lmer'dise.

lt'7.833,-155

$58,178,783
164 13;, 414

$47,682,234
139.783.800

1.

Total 26 weeks. .*251.23B,381 $230,286,156 *222.310 202 $187,466,031

In our report of the dry goods trade will be found the imports of dry goods for one week later.
The foUowing is a statement of the exports (exclusive of
specie) from the port of Now York to foreign ports for the
week ending June 30, 1885, and from January 1 to date:
WXPORTH FROW ftKW rORK POR TH.- WMIWK
1882.

For the week...
Pre V. reported..

The following

»5. 922,1 51

$e,915.5<;7

170,706,694

146,014,613

159,893,459

shows the exports and imports of specie
for the week ending June 27. and
1885, and for the corresponding periods in

New York

since January
1884 and 1883:

1,

EXPORTS AND IMPORTS
1

!

national bank notes was $39,10:<,153. The portion of this
deposit made (1) by banks becoming insolvent, (3) by banks
going into voluntary liquidation, and (3) by banks reducing or
retiring their circulation, was as follows on the first of each of

deem

NBW

SPRCIB AT

r>l»

TORK.
Imports.

Exports.
eotd.

510,340

depo.sit to

1885.

$6,24'., ISO

table

at the port of

$37,692,813

433,33

1884

1883.

81,910.319
153,614,778

Total 26 weeks. $158,555,097 $176,917,8241$ l51.93'i.T91 $166,809,048

$1,9''3,675

redeem national
1885

1885.

$1,477,930
4.719,162

$51,742,628
168,543,528

;

According to the above, the amount of legal tenders on
deposit July 1 with the Treasurer of the United States to re-

last five

$2,289,337
6,613,579

[

$39,103,153
bank notes J uly 1,
Circulation uf national gold banlis, not included above, $4b8,U01.

the

$1,912,510
7,031,225
$8,963,733

Since Jan.

I

June,

TORK.
1884.

1883.

$66,402,929

Total

$150,135,850
3,640.000
50,523,050
12i,453,30J

$142,240,850
3,520,000
48,483,050
117,901,300

following, showmg the amounts of national bank notes outBtamling June 1, together with the amounts outstanding
July 1, and the increase or decrease during the month; also
the 'changes in legal tenders held for the redemption of bank
notes up to July 1 :

Amount
Amoont

NKW

1882.

Total Held.

$329,752,200
$312,145,200
$17,607.000
T otal
Changes in Legal Tenders and National Bank Notes to
July 1.—The Comptroller of the Currency has furnished us the

SatioMil lianlc Notes—
Amount oiitmandlDC Jnne

Dry Goods
Gen'lmer'dise.

I'ubtie Deposits

$7,895,000
120,000
2,010,000
7.552,000

to

XL I.

Week.

3erinany
West Indies

$264,300
9,362
63 001

$

Glreat Britain
France .. ...........

Week.

SiticeJan.l.

8ineeJan.l.

S
1,412,991
3,0(13.055

t6S,926
24,002
226,958
63,267

.....

5,426.112

26',17i

South America
Ill other countries...

192,072
218.716

3,329

?6.17.i.7f.3

*29,50n
533.770

$5,399,199

18,976

4,878,431

.

T-ial 1885
Total 1884
Total 1883

$..

...

32,600

37,677.229
218,890

.•^,383.820

months:
Silver.

Deposits by-

April

2Iar. 1.

Jfoj/

1.

1.

June

;:)reat

Ju:y

1.

lilquid't'g bkt^

936,368
831,001
817,641
776,269
74^.789
12,983.413 12,717,293:12,618,543 13,318,041 13,569,28 >

Bedue'g und'r
act of 1874 27,491,511 25,869,733 24,551.603 23,498,503 24,788.078

Coinage by United States Mints.— The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of June and for the six months of 1885:
Month of June, 1885.

Six Months in 1885.

l>tnomination.
Pieces.

Double eagles..
Eagles
Bait eaclpji
Three duUara...
Suarter eagles

97,005

4M80
40,2»1
15

1,940,100

27
106

Pieces,

Value,

4.30,240

9,004,800
1.408,139
1,818,880
2,607

14o,m3

201,103
45

11

.

Standard dollars.
Half dollam
Quarter dollars..

I

451,S(10

106

ollars

Total gold

Value.

363,776
8^9
852
3,954

j

I

2.1.i0

3,951

182,593

2,593,483

960,504

12,210,301

2,375.150

2,375,150

14,322.387

150
150

74
38

550
550

SO, 150

18,015

1,466,075

14,322,387
275
138
146,607

2,555,600

2,393,278

15,78.J,562

11,469,407

Five cents..

4.50

Three oeuts.

450
450

23
13

1,474,850
2,150
10,070,650

73,743
«4
100,70S

11,517,630

174,513

28.297,716

26,884,121

,

,

Dimes

I

Total silver...

One

cent

Total minor

4

1,350

.

Total coinage.

.

2,-3D,.548

40
_4 ,95

6.801

,

I

National Banks.— The foUowing national banks have lately

been organized:

3,354-Tlie IMr.t National

Rank of l.nngmont, Colorado. Capital,
•'
Thomas Butlor, Cashier
•» <«*_TiT;i' pir ?v
"''',''.}^y,"'*ri,'*'''''''''*"'=
3,35»-Tlin
F ra .N..Uoual
Bank of North Ynkinia.WashiuglouTirriioiv
Capital
....(K)o. J. K. l^wis. ProHldom; A. W.
Knsle. Caaliier
I'VL'^ ',"'""" B'"'" "I Vakim;., Washington Tor
a
^^« Ti '^n";'v"!V'
3,356-Tl
Hrst^Nalio,,»l B:»nk of Braver Kails. Pa. Caplt»l,
$50,Ooi
J
Pre.ldent;
"'•
P.itrlck Robertson. Cashirr.
> ,»- -The
T,"'?"^^ '
3.36.
Am.-rici.iiK»elMnKeNa'lonal Bank of IJeiDit, Mich. CaplAlexander
H, Dry. P.-esidenl George B. San^']; ,*'?," *??<'
*'"'"^®'''' ''"' American National Bank of
Detr..lt''MlIh'''
3.368-Tlic ToptoM Nuiional Bank, Toptnn, Pa. Capital.
$50,00 ). John
.11

;

3,359-Tli^C..n,,,,er<-mi N,,,|,.Dal Bank of New York,
N. Y.
»3..0,OUO. Orrton Adaum. President;

Capital.

W. W. flannagan, CasUV

IiDMRTS AND ExpoKTS FOR THB WEEK. -The imports
of last
week, compared with those of the preceding we4,
show an
inerease both in dry goods and in general
merchandise.

3,000
2,400

,

$7,324,47'
327,513
82,508
201,213

South America
AH other countries. .

«344,023
201,1.55

215.178

$24,332

9
......

73

19,963
4.165
10,391

239,985
189.734
419,910
7.108

$31,519
64.316
30..M6

$911,145
1.961.614
2,062.846

6,235
406,124

Total 1885
Total 1884
Total 1883

41.411,292 39,418.027 3s,017.7«2 37.592.812 39,103.153

Total

$318,000
20,(123

Serman

$
Insolvent bks

Butam

1.

$8,318,071
6.735,362
6,916,599

Of the above imports for the week in 1885, |33,705 were
American gold coin and |23,9I5 American silver coin. Of the
exports during the same time, $3,400 were American silver coin.
United States Snb-Treasury.— The following table shows
the ipreipts »nd payments at the Sub-Trea.sury in this city,
as well as the balances in the same, for each day of the past

week
Balances.
Date.

June 2''.
•'

29.

" 30.
July 1.
"
"

Payments.

Receipts.

*
1.041.843 37
1,014,763 48
1,670,970 08
2,28i<.083

88

2.
3.

1,314 50 ) 49
1,358,031 50

Total...

8,689.192 80
.$ i2,0 >0 gold

luclu les

$
703,032 69
•1,C08.390 27
912.747 42
1,117.677 01
4,236,011 40
1,809,588 74

Ooin.

Currency.

a.

155.341,'820 46 19,757,611

50

155.688,916 85 19,419.918
156.312.433 22 19.551,624
156.5'f2.73(i Ol 20.4fi5.7S8
155.220.847 45 18.876,106
155,120,526 12 18,524,S;0

32
54
62
27
36

9,807.447 53!
certitlcAiC!* t.ikeu

out of

c^ali.

—The

Commercial National Bank has just commenced
business at the corner of Pearl and Wall streets, in New York.
Its president, Mr. Orson Adams has for many years occupied
the position of Vice-President of the National Bank of the
R'^public, this city, while Mr. W. W. Fiannagan, the cashier,
has had an experience for 30 years in the banking business.
Its board of directors contain some of our best known citizens,
among whom may be mentioned James E. Ward, of James E.
Ward <& Co.; Michael P. Grace, of W. R. Grace & Co.; E. B.
Bartlett, of E. B. Bartlett <fc Co.; J. D. Kurtz Crook, of J. D.
Kurtz Crook & Co.; Alden S. Swan, of Swan <& Finch: Harry
L Horton, of H. L. Horton & Co.; K. M. Murchison, of
Murcliison & Co., and William Brookfield.
Auction Sales. The following were sold at auction lately
by Messrs Adrian H. MuUer & Son:
Bonds.
Bond.
$20,000 Bankers & Merclits.'
$10,000 Central RK. of Iowa,

—

Tel. Co. Gen. Mort. 68. gold,
lU.Div., Ist mort. (ia
SS"*
duo 1904. Jan. '85 cps. on. S^s
Shares.
$30,000 Bankers & Merchta.'
1,584 Evening Star Mining
Tel. Co. Gen. Mort. 6s. gold,
Co. of Elk Mountain Dist.,
due 1H04. Jan. 85 ops. on. 6%
Gunnison Co .Col.llo.&lOo.pr sli.
$303,000 Bankers & Morohta.'
126
4 Germ aula Ins. Co
Tel. Co. Gen. Mort. 6a. Jan.
4,500 Sterling Lead & Zinc
5'>g to 6
^8^.^ coupons on
Company, or Joplin, Jasper
$20,000 Southern Tel. Co. Ist
SiiC. pr. fih.
Co. Md
mort. 6e
19

.

July

:

THE CHRONICLE.

1883]

4,

:

tinental bills

Xhc Bankers' ^axcttc.

reirhiniirks,

Per

Whtn

etnt.

FayabU.

Uallroadn.

AHmny

>^ SiiHi[ui'hi>uiia

KnuK'h

Altlvhiiio

3>ii

l"*

Clu'slitU'. pr.rcricil

Cincinnati
rurlKiiiautli
Cuucniil

3

Ua}

1»A
8

DiiytoD.pref..

lliini. .t

Mli'lilxau

<.t

do

piPf. (quiir.)..

Detroit Hlllhilnlc A8,>utliwo»tfru.
Housiitonlr. pr^f. (i|uar.l
...
IaUIK IxhUKl (11UIH-.)
N. Y. tVntnil >« Hudsou KlTor....
Nau<:ittirk
New l-ouil'iii Norlln-rn ((luar.)
N. Y. I.urkiiw'iinii A West, (quar.)
Norwiili \- WorcostiT

—

Piiti'rn4iti tt llii(t!4on

Pjltorwon

tV.

Uainupo

Bnlllmore
K'.W.&C.giWM-. Kunr.(i|uar.>

PUIlHil'Ipliiik Wilin.ifk
Pltt.t.

PlttHb.

5

1^
4

4
4
4

»
3

PoitBiuoutli
l>ovcr
-

iV

Providence *.t Worcester
United Nbw Jersey RR. diuar.)...

WareRiver

7

Juno 26 to July

7

3
2>il

Rank*.

ContlDcntul Nat ioual
PlienLv National

InNurauce>
Euiplro Fire
Fircnicn's

3

On

3

July
July
July
July

10
5

KiuKs County
NiaKara Fue
Park t'lro
PeoplcV FIro

ft

5

On

to July
7 June2tt to July
j'o

i

7

ft
l.".

1

7 to July 16
July 11 to Aujf. 2

.Tuly

15
15

2
1
1

il.SdO.TOO IJjy.
()H,lui>!
37rt.7tH.r)00[Ine. 5.0l2.:t!)0
13,828.700 Ino. 2,0,1,700

Lexal rcsorve
Besurve held.

$9l,l90.S7.5:Iuo.*l,?53,07.i
l.i7.r;8 i.SOOlluu
2,207,000

Bimlnii

Exchdiig'e.

*«».3<»4.425!Jnn.

«n53.92.^

exchange

S2I>4

S18«t

40';
94 'a

40*8
9&>s

4>«8,1891
4><8.1891

1

10

1907
49,1907
4«,

1

6
1

June 28

to

Juue 30

(lorn.

6
1

2

option

our'oy,
our'oy,
onr'oy,
Bi.oar'oy,
Bs.nnr'oT.

8.
'95.
'96.
'97.
'98.
*99.

IT.

the price bid at the mornlnK board no icUt wag maae.
Railroad Bonds. State bonds have been verydull, the total dealings for the week being: $9,000 North
Carolina con.solidated 4s at 88}@88J; $3,000 South Carolina
brown consols at 109-107; $4,000 Tennessee Os, old, at 47f,
and Louisiana 7s consolidated, ex coupon, at 04.
Railroad bonds have not been at all active except for West
Shore 5s and Erie 2ds, and in these the business has been

State and

dein.

1884.

June

3s,
6<,
Bj,
Bs,

• 1 his Is

1

28.

188:<.

June

30.

:

—

smaller than during the previous week. The West Shores have
ruled strong, the advance being attributed to the success of the
Taylor committee in procuring signatures to their pLan, and to
the order of Judge Brown looking to an early foreclosure.
They reacted somewhat in the latter part of the week, and
close at 35f, against 84| last Friday; Erie 2ds close at 50|,.
against SOJ.
The general market has been without feature,
and few changes of importance in prices have taken place.
Louisville & Nashville trust bonds close at 94J, against 95i last
week: do. New Orleans & Mobile Division Ists at 95, against
97; Houston & Texas Central 1st main line, coupon off, at
95J, against 94; do. We.stein Division, coupon off, at 85,
against 83J; St. Paul, Chicago & Pacific Western Division, at
97J, against 99J ; do. Wisconsin & Minnesota Division, at 96i,
against OSi; do. terminal bonds at 93, against 95}.

Railroad and Miscellnneons Stocks.— In the stock market
has been little animation in the dealings, except for a
few leading stocks, and there has been no important news of a
there

general character to affect the course of prices. In consequence,
different stocks have fluctuated independently, though the
result of the week's operations shows a generally lower range
Tlie decline,
of jiriccs for most of the speculative favorites.
however, is not great (except in Lackawanna), and it is easily
accounted for by the continued depression in business and the
indisposition to oiierate largely on either side of the market,
both bulls and bears fearing a turn at any time against them.
The extreme decline in Lackawanna was also prejudicial to
the market, and, indeed, tlic strength shown in holding up
against so large a break in ti leading stock was rather remark-

On Thursday Lackawanna touched 90J^ and closes to-day
There seems to be no parat 93J, against lOlf last Friilay.
ticular reason for this weakness, at least none that is new, and
it is generally attributed to the letting down of the price by
the White pool, which hits been credited with absolute control
Hud.son has
Delaware
of the stock for a long time piist.
naturally sympathized to some extent with the decline in Lackawanna, though without any |)articular activity.
The Gould stocks, especially Western Union and Union
Pacific, have also been weak, and latterly Pacific Mail and
.Jersey Central fell off on large transaction.?, the weakness
of the latter being due to the uncertainty in regard to its relations with Reading, that company having failed to pay the
July interest. The Vandorbilts and grangers have been less
weak, and at times even showed some strength, and the declarYork Central stock at the
ation of a quarterly dividend on
able.

&

New

New

.

— Sterling

Dooumentaryoommerolal
Paris (francs)
Aoistordain (Kulldnrs)
Frankfort nr Bremen (rnlobmarka)

1

1

IjOanRanddla. *.303.735..'>00 lnc.?l,8.M,700 $293.45O..-,OO5!32if,08:l.2O0
"
"
lI3.H.'.li,c!iK)|l)op.
Bpcele
liOl.TOO
Circulation...

4 86

4 S3

15

The report of mercantile failures for the first half of
1885, i.'ssued this week by It. G. Dun & Co. is in some
respects very encouraging; not so much in the fact that failures
this year are below the first half of 1884, including the May
panic, but more in the circumstance that the failures during the
last three months, April 1 to .July 1, involved liabilities of only
28,<J01,;i04. against liabilities of $10,131,051 in the first three
months of this year, from .Ian. 1 to April 1, thus showing a
healthy decrea.se of !j!17,519,747.
The City Bank statement, issued to-day, instead of tomorrow, shows an increase of f 3,470, 900 in loans; increase of
$16:1,000 in s|)ecie; decrea.se of $940,700 in legal tenders; an
incretise of $4,03.j,300 in deposits; the result being a decrease
in their surplus above legal reserve of $1,780,525.
Rates for call loans during the week on stock and bond collatemls have ranged at 1@2^ per cent, and to-day at l@li.
Prime commercial paper is quoted at 3@4 per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £033,185, and the percentage of reserve to
liabilities was 48 j, against 52 J last week; the discount rate
remains at 2 per cent.
The Bank of France gained 545,000
francs in gold and lost 4,533,000 francs in silver.
The New York Clearing House banks, in their statement of
June 37, showed an incr«;a.se in surplus reserve of |!I53,935,
the total surplus being $03,391,435, against $03,440,500 the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.

Net deposits.
Le><al tenders.

4 8.T
4 83>fl

7

vent.

Differences fr'm
I'revimia Wee/iJ

on l>OQdon..

—

week having any bearing upon the general
stock market seems to have been the agreement among the
trunk line managers, at their meeting at Buffalo, to advance
East-bound freight rates. At St. Louis also, where the passenger rates castwarcl have been cut, the agents have agreed to
The press reports state
restore prices to the former figures.
that at the Buffalo meeting the disposition to restore rates was
almost unanimous, and it shows that managers have carried on
the war until they see themselves that to continue the strife
longer would be fatal to some of the roads that yet remain sol-

27.

bills

United States lionds. The business in Government bonds
has been somewhat smaller than usual, and there is no feature
to the market, prices remaining about steady.
The closing prices at the N. Y. Board have been as follows:

1

2

cipal event of the

188.'>.

Prime bankers' MterllnK
Prime oominernlal

1

10

NBW YORK. FRIDAY. JULY 3. IMM3-4 P. DI.
The Money Market and Financial Sitnntion.— The prin-

,7u/ie

Sixly Pai/i)\nemand,

Juli/ 3.

7 jnue

luly

3>a
3

•a

lis

it

commercial, 150 premium; bank, 200<i'5250 premium ; St. Louis,
73 premium ; Chicago, 50 i)remiuin.
The posted rates of leading bankers are as follows :

1

July
July

1

McKpcc. a YoUKliloslieny.

Porllaiiil Siuro

:

10

S^

1>«

rcBiiliir, ((iimr.l

Port*Miouili

Booki OtoMtO.
(Dayi inctutivt.)

1

July
July
July
Aug.
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

2

1\
1\

ilo

York

3>fl

>V'

toll

July
July
July
July

New

the rates of domestic exchange on
at the under-mentioned cities to-day Savannah, Diiying
par, selling
i®\ premium ; Charleston, buying i premium, selling 8-10 premium; Boston, 5 premium; New Orleans,

The following were

hare recently heen imnoanoed

Same of Oompann.

:

40}(''10ii.

WIVIUKNUH.
The foUowlnit airliTiMKlii

Francs, 5 204®0 211 and 5 18t®S 18};
{©94} and 95i@95|; guilders, 40(£^40i and

were
04

la

»0.23!),92>

continues in very limited
demand, aiiJ the business of the week has been very quiet, the
reduction in posted nites of i cent made on Jlonday not
having stimulated it to any npprecialile e.vtent.
To-day the rates on actual business were as follows, vi/,.
Bankers' 00 .lays' sterling, 4 84i@4 84i; demand, 4 85^*^4 85J.
Cables, 4 85.i@4 85 J. Commercioi bills were 4 82|@4 83. Con-

The
rate of one-half of one per cent had very little effect.
statcmi-nts for six months of Lake Shore anil Michigan Central
showed a small deficit under the amount required for fixed
charges, but they were about as good as could be expected.
To-day, Friday, the market was exceedingly dull in consequence of the general exodus from the city, as usual the day
Prices, however, were strong and
before the national holiday.
advanced throughout the list, the Vauderbilt'i and Pacific Mail
leading, and the close being at or near the highest for the day.

.

5

...

THE CHRONICLK

14

[Vol. XLI.

NEW YORK STOCK EXCHAN6E PRICES FOB WEEK ENDING JDLY

3,

HIGHEST AND LOWEST PRICES.
STOCKS.

June

Tuesday,

Monday,
June 29.

BatDTdar,
27.

June

30.

AND SINCE

Sales of
the Week

Wednesday, Thursday,
July 2.
July 1.

Friday,

July

Alr-Llne,pref..
BnrllBKtoii C>Ml. Kapids & iso

93

93

40 °8

40

40

31

30>4

SUi^

•39
40 la
2911 2!»'3
•8
10

*8

30
10

38«s

BO'S

3813

39 «

38 'a

39%

"8634

"38%

SOI4
41a

3034

30'(

30

SO

*«

30

•41s

4

4

•3%

7^9

8

•7%...
-4

•4

-N-.Y.

40

Canadian Pacitic
Canada Houlhcrn
Cedar Falls * Minnesota

-9

10

CentraWowa

'W\

Central of New Jersey
Central Pacific

30 14 30 "4

30 »8

& Ohio

Oheeapeake

4"al

•l-e

•••

-4
-8

8I4

•60
•391a 41

30

.734
81a
»734
Ist prei.
Uo
•4 -a
6
*4% 6
•41a
5
2dprel...
Do
ChlcaKoA Alton... ....... --•126 1261a
i2B" 127
126 126»4 i25"»8 i28
Chlcatro BnrUnKton A Qolnoy
7118 72%
70^4 71^4
70'4 71'4
SSIS5o,M5waSieS-i St. Pa^l .^TU.
108 108 ig 1071a 10-* "a
lOS lOS
93 14
92% 03 H)
92
9319
Chicago^* Northwestern .^.^.„.| ^93^ ^93=s 92>4 128
127 "a 12734
128 128

n^

If.

128

Ohloaso Rock Island A PaoiUc
OhloagoSt. l>ottl8& PlttBburif.
Do
^ Pt«Chicago St. Panl Minn. * Om.

1

pret.
Indlanap.
OleTeland Col. Cln.
Cleveland* Pltt«btiTK. Ruar...
Colnnibla <t Gre«nTille, pref. .

Do

*

114 's
7
14'4
21>3
72»4

HJ
14<4

21

;

A Texas Central

Houston

Illinois Central

••

48

....

(Shares).

•21 14

72

72

9C>4l01

19314
41a

96>4
41a

90% 93%

53

68

58

3
5

3
5

ih

i

31

68
31

3i«
5I4

'27e

•5

6
47

6

45

45
•31a

190
•24
30
125^1 125»8

•24

41a

190
30

Manhattan Beach Co

•2

734
•2

3'*

439

41a

4%

4%

28

••24

"

95%

'

'O's'ii

54%
751a

34%

5334
751a
3519

. .

. .

New York A New England ....
New York Now Haven A Hart.
New York Ontario A Western

Peoria Dcratur

A

16'8
ISia

Evausville..

A

•Sia

«5

8
16

71
31

72

71
31

i'2'6

71%
108%
93

9012
•4

60

2%

434

92%
43<

60

92

4%
•2%

2',
43j

.43,

•S-a

41a

•3%
•20

*'2''6""2S

5434
•731a
34 la
•21

127%
115%
8

72

7Bia

93

3%
5%

42

4%
28

*134

3

55%

563,

22

•34

125

"125

62

54

52

•12

64

•123,

13
•27% 29

17% 17%
95% 93%

17% 17%
95% 93%

•7

'734....

9

120% 120% 123 123
•38% 39
83% 8334 81
83%
•1% 2%
•1%,
"4% 6
•4%.
•8834

-9%

90

9%

19% 19%

•8834
934

16

15% 13%

18

383,

39% 39%

16

•16% 16% *1G% 17

161a

38% 39

%

%

I3I4
•8

13 "a
9

13% 13%

13%

141a

13

•8

8 Hi

%

391a

13% 13%

8%

%

=•

8%

13

13
9

13%
9

•12% 14

15

93,

19% 19%

14

15

16% 18%
38% 39%
•14%

1534

13

13%

13

14

16% 16%
39%

3914

13

•8%

13%
9

14

132^132% 132% 133%

A

A

Km

tt?r

A

Citt.Hburg

sValertowu A Ogdeiisb'g
St. Louis (Ut<m A TeiTe Haute

DO

•19

•23,

•234

3

ii.jirir

Do

Bt.

A

1

A
RR

•17
•30
•81

18>a

•16

31 K,
83

•'a'd"

Manitoba •981a 99 la

neap.
iia

i

;lio
,

•2%

nf"

•17% 22

61
3
"19"

18
31
81

18%

•16
•30
•80

80

31
80

81% 82%

pref

^'

L...„.,

•is" '22"

Dnlath

Do

Wabash

234

23,

pref.

LoutsASau Prancl sco
Do
prof.. ..
Do
1st pref.

8t.Faal

234

,

.]IC

:.,

»l.

Louis

A

,

Pacldc

f'o

pref.

Ilia
5214
•3

lHa

Ilia

6318

60%

4

Ilia
5214

Oregon Improvement Co
Pnllman PalaceCarCo
Qaloksllver Mining Co

pref.

wertem Union Telegraph
Adams

A Co
INACflVK »TOCK».

At«his4,n ToTieka A Santa
- •• \lt«n.pref
f"-'

induskv
!iie.

^

v

Ix>ui»i.mj i.

New

773.

A

96 14
78

11% ll3i
50% 51%

'3
•7

4

•3
7

•3
•2334
«l»8

624
113

1

80

61

l.i3

10
51

1

900

1

-1

•10% 11% •10

93%
75

91
78

95
75

2
11

93%
737.

'ri

3

6

80
62I4

140
94

60%
137

•23% 30
611a

137

93% 95
62% 5234

52^

•112

113

5

115

59% 61%
133
•94
6234

112

1

•10

93% 95
75
76%
22% 22%
49
•3
•2234

60

140
93
623,

113%

11

60
6

30

60%

•10

4
7

11

03% 93%
74% 73%

46% 49%

115%116%
-3
•223,

30

69% 60%
1S7
95

139
93

107

112

•10
923,

78%
463,

116
-2
•2234

5

62% 62% •61% 63

•3
•6

60
138
91
62
110

4

8

11
P3
7634

48%
116
5

30

60%
140
93

52%
110

Fe

Warren

Klver.

•119% 123'

119

119

•119%'

«110

Consolidation Coal..."..."'"'

Bomestake Mining Co
Maryland !oal ...
>

Now Central Coal..

25

62% JUU0I9

June29
Jan.

3

Mar. 21

Jau.
5934 Jan. 29
127,223 4634 .Mar. 21
620 107% Jan.

May

13
SO Jan. 30
63% Jau. 2

154 130 Jan.
300 87% Jan.
200 48 Jan.
455 104% Jan.

7%
4%

Ontario Hllver Mining

an the price, bid and Mked;

17

no sale was made at the BoKd.

t

Iiower price

Is

For Full
Year 1884.

Low. High
126

IS6

80% 90
50
39

80

243,

68%
67%

8
11

12
16

37% 90
30
6

9%
6%
118
107

8734

16

28
17

140%
12734

68% 94%
95% 119
81% 124.
117
149%
100% 126%
6
13%
16% 35
21% 38%
80 34 100
28
69%

125% 141
33
8634

33

133%

8% 25%
62
82
3
8%
434
14%
61
30
3% 8%

Juno 6

Mar. 28
Jan. 2

60% Jan. 22

122
198
15
116
40
19
10

MldUnd

• TTie..

JunolO

6

3
~

Jan. 8
1334 Fob. 24
99 % Mav 28
86% Apr. 13
34 Feb. 211
77 Apr. 30
62% Mar. 9
120 Mav 9
43, Mar. 30
30 Jan. 30
4

63% Juue20

ei-dlvldend

49
1

7

'ef
334

61<^

127%
17%
ii'i"

65%

8O34 112

31

90
334

20
49

139 July 2 125
97 % May 4 87
55 Apr. 7 45
115 June26 98

67%

117

6%
34

78%
137
102

61%

lie

80 34
May 28 78 Jan. 8 62
Jau. 29 152 Mar. 19 142 152
May 15 2234 Feb. 27 23% 24
3
Mar. 10
l%Feb. 6
1

1%
14% June25 14% June2o
22% Mar. 4 26 Mar. 17

L'ity..

Canton Co

Jan.

21

147
20

York RInvaled.
Cnltcd co's of New Jersey.

Virginia

210
110

6634

A Cleve

Denver

4,184
10,787

8
80

334

Inrt.i^entr'l

.\ti8,iuuri

Feb.

3

98% 98%

9

1385.

57 190 Juno30 200 Mar. 24 185 200
20
61
14 Mar. 28
Jau. 14
830 119% Jan. 17 28 May 28, 110 140
86
84 Jan. 18 89 May '29! 70
200
20%
7% June 5 14% Feb. 241 9
100
2% Juno24 17 Feb. 211 6'l 1934
81,940 6O34 May 12 67% Feb. 251 59% 10434
400 62 Jan. 2 773, Mav 20 62
78%
29,995 22 Jan. 16 353, Jnne24
22% 61<^
100 ll%Jan. 6 27 % Feb. 20
10
35
3,073 65 Jan. 15 0734 J unci 9
84% 79
10
24
100 11% Jan. 3 18%MiiT 19
40
27% Jan. 15 44 Mar. 7 23
90 Jan. 2 125% June '2 85 105
863 46% May 7 61% Feb. 24 B13< 94%
44 3<
29 June 1 313, Feb. 261 31
200 10% Jan. 28 13 Feb. 28i
7% 18%
300 24% Mav29 29% Fob. 20; 17
36%
4,280 14% Jau. 2
19% 31 ay II
9% 23
4,000 89% Mar. 21 97% Feb. lOi 63% 100%
61,
13
6
June 5
9% Feb. 25
639 11434 Jan. 2 123 June 9 115 127%
68
33 Jan. 7 42% Feb. 27 30
116;268 813, June 1 95% Feb. 25 83% 122%
4
10%
1 % May 6
5% Jan. 8
934 Feb. 17
4 Mar. 25
7% 20
94
250 84% Jau. 2 90% June 8 83
2,315
9% May 29 1434 Jan. 6 11% 28%
60 18 Juue29 30 Jan. 8 20
71%
210 12 Jan. 17 22% Ai)r. 30
8
17%
176 Jan. 2 190 May 2 175 184
16»4
300
634 Apr. 14 12%Jan. 6
7
6
134 Juno 2
3 Feb. 28
13i
4% Jau. 27 8 Feb. 20 4% 18
42
820 14 July 3 2534 Feb. 26 17
27
535 15 Jan. 17 19% Feb. 28 14
3,519 36% Jan. 29 44 Mar. 18
37% 6T»
1
i'ii
809
%June 3 13, Jan. 2
10% -Mav 4 19 Jan. 14 14»e 26%
113,
5
7% Junp24 12 Mar. 19
14%Miir.21 21 Apr. '27
§'< 24
3,710 1034 Apr. 8 15 Apr. '20
6% 34%
1734
400 734 Juno 9 15% Feb. 27
7
900 13 May 29 19 Jan. 2 10\ 80%
88 119% Feb. 17 135% June 4 119% 136
120 Mar. 9 129% Apr. 20
136% Jan. 29 14334 Mav 21 138 146%
2% 6
1
May 22 2% Jan. 17
61
300 44% Jan. 19 64 Mar. 9 32
32
1H% .May 29 28% Mar. 11 12
Too
16%
I'f
2% Mar. 11 4 Mar. 8
24
16 Jnnc23 19 Fob. 20 14
18
60
13 May 1 23 Feb. 28
08
70
17 % May 8 21 Feb. 23 11% 29
30 Aiir. ,S0 3934 Jan. 8 211.J 60
96%
79 May 12 87% Jan. 10 70
32%
15
21 Feb. 28 24 Feb. 27
90
77% Feb. 7 83 Jnue20 65
June2l 76% 99
7934 Jan. 2 101
11
9
7 Juiieie
7% JU11CI6
3,040
5% 22%
9% Apr. 8 13% Feb. 2ti
106,924 41
Mar.2- 65% May 23 28
84S
4
2
Apr. 30
5 % Jan. 7
19H
32
9
6% May 7 14 Jan. 12

11% 11%
60% 61

49 14 60% 49% 50%
116 116
117 117

48''a 50
llR'sllS

94

T7nltedsute«
Wells, Pargo

'

9i)

'135

American

*

1

11

214
400
600
300
300

98% 99%

60% 61

611a

72"

aas?°£;s.'.?.*.''.':;.°"::
1M>

61

97% 98%
11% 11%
603, 51%

1,060

11% 113
40% 62

•7

•lOHi

427
80
100
100

1,

1885.

9 133% May 1
Mar. 25 93 June29
Feb. 4 63 Feb. 4
3534 Apr. 24 44% Jan. 3
23 May 7 35 Feb. 20
934 Mar. 23 11
Feb. 12
7 Feb. 18 13% Mar. 12
Mar. 25 41% Junc22
31
26%Jau. 31 38 Feb. 23
634 Feb. 10
3 Apr. 7
7 Apr. 7 12% Feb. 26
4% Apr. 22 8 Jan. 13
128 Jan. 2 139% June 81
115%Jan. 2 127% Jnne25
6434 June 8 78% Jan. 12,
102 Jan. 28 1083, June25|
84% Jan. 2 9834 Apr. 13
11934 Jan. 2 134 Feb. 26
105 Jan. 2 118 June25
6% Mar. 31 9 Mar. el
14% Juuc27 19 Feb. 271
18% Apr. 21 29 Feb. 25
66 J line 8 91% Feb. 25
23 Apr. 30 38 Feb. 24
May 5
134 Jan. 31 141
20 Jan. 27
14% Jan.
82% Jan. 22 109% Mar. 9
4% June25 10 Jan. 15
65 Jan. 6 65 Feb. 12
234 Jan. 15
4% Mar. 10
4% Juuoll 8 Mar. 3
Mar. 20
37% Jan. 10

97% 99

MI^iCEI.l.ANKOUS^

Amencn Dlst. Tel
menran ToL A (.:able Co. ..
Bankers' A Merchants' Tel..
Colontdo Coal A Iron
Consolidated Qaa Co
Delaware A Iladson Canal...

ill 5

382,679

434

•73% 76%
22

110

350
25

34% 35%

33
25

6,623
173,927

1,323

9

65%

110
300

64,148

16

'

34,015
1,550

6

7

39 "8

PhUa<l'^lphi;t .t Ueailing
....
Chic...
Pllt-fburt; rt. Wayne
l>o
special.
Rensi^clat^r
Saratoga
Itlch. .V A Meg., stock trust ctfs.
Kli-liniiiriil .v; llanville
i:ri .1 .1
WeatP'nt Terminal

4%
8%

2%

NewYorkSuaq.AWestern...
pref.
Do
Ohio Central
Ohio A .Mls.sisslppl
Ohio southern
Oregon short Line
Oregon A Trans-Continental...

30 3j

•334
•734

95% 93%

"si'i

I

pref

303,

126% i23"%

234

.

Do

...

"3''7'34

42

•34
36
•28
Memphis A Ch.irleston
>125
•125
125
Metropolitan Klevated
"61
51
62^4
51
63
52
51
52
Central
MichlKaii
Mil. L. Shore A West'rn, pref..
•1234 1334
I213 12%
MUineapoliB A St. liOQia
•2734 2734
28 "a 28 "a
pref..
Do
1714 17%
I714 171*
171s I7I4I 17 Is 1714
Missonri Kansas A Texae
94i« 951s
95
93%
94% 95
Missouri Pacilic
94^s 95
•7
9
Mobile A Ohio
122 122
121 124
Morris A Essex
3934
39-1( •30
39\ •3d
Nashv.cliattaiiooea A St. Louis •36
New York Central A Hudson.. «4i3 85'e' 8334 84% 83 'a 85% XS314 «4%
«2
•2
2 Is
New York Chic. A St Louis
•434
pref.
•Hi 5
5
Do
•8914 90
90
90
88=4 8K3.,
New York Lack. A Western
934
9'8 10
934
9% 9%
9% 934
New York Lake Erie A West'n
pref.
18
18
Do

Norfolk A Weateim, pref
Northern PaciUc

413

900
600

10

%

70
70%
711a
-1071a 108 "a 107%
9134 93i<.
92
12713 127% 127%
II314 II5I4 lis

*7ia
234

5451
56
54
56
76
•751a 77
341a 35 Is "34% "3514] 341a 35 14

55
76

14

"3'7

1261a 1261a

7=4
S"*

95'4 "9539 95 'li
14

•8

10

i'ii" i'ii'

leased line 4 p. ct.

Do

Indiana Hlooiuingt'n A West'n
I.ake Erie A Western
liAke Shore
lAing Island
LoaiavilleA Nashville
Loni.svllleNew Albany A Chic.
Manhattiin Klevatert, oonsol..

1251a

30% 30%

1,

Highest.

124
88
57

•39% 41

21=4 -21" 21=4

74

•2'',

30
I25I4I26

'

•72
31

4'a

•24

116
8
IB

•114
'5

71=4 72
31 » 31 "a

41a

31a

21»4

21=4

"a

73

33^ 33%

pref.

A Terre Haute
Oreeu Bay Winona A sit. Paul.
Harlem

16

'

—

IlTansTille

8

•0

Delaware Lackawanna & West. loo's 101 '4
4»«
434
Denver <t Rio Grande
Dabnqne A Sioux City
3
S"*!
..
East Tennessee Va. & Ga

Do

'II4I4II5

116

'114

7

»8ia

Range Since Jan.

3.

IIAII.KOADS
ScStoSA

JAN.

Jan. 22 145
May 26 198
Jau. 10 18
Jan. 19 118
Fob. 13 48
Feb. 9 20
Jan. 30 14
Apr. 6
8
May 27 7
Feb. 7 25

19% 24

Mivy 12 115 130
May 28 183% 193%
21
Mar. 3 15
121
122%
Apr. 2
Apr. 1
39% 40
23%
18
Feb. 27
11
8
June 6
15
Mar. 25
7
10
Feb. 25
6
29
May 28 14

.

July

1

'.

1

THE CHRONICLE.

4, i885.J

BAILROAU EARNINGS
The

latest railroad earnin);8 and the totals from Jan. 1 to
The statement includes the gross
lAtest date are j^iveu below.

eaminKs of

New York City Banks.—The following itatement shows the
condition of the AsHoolAted Banks of New York City for the
week ending June

Avtraot Atiumnt of—

Bonta.

Latut Sarningi BtporUd.

Leant and
Dttcmmtt.

Lalnt Dale.

Ja7%, 1 (o

Boadi.

WtekorMo

M»y

Alk. Ot. Soutli'n.

.

.

Central lown
Central Pailllc.

wk
M wk
J'uo

.I'uo

:U1

.Vprll

& Ohio lApiil.
Ellz.Lox.AB.8 April.
AS.

W.'Aiirll.

A Ait(>ii:3il wk J'nc
& q April

OhloaKO

Ohio. Burl.
01>i<>.

A

Knst

wk J'ne

<d

III

Chic. Mil. \ St. I'. Itlnvk J'uo
Cblc. A Norlliw. 3d wk J'ne
Ch.Bt.P.MIn.AO. 3rt wk J'ne
Chic. A W. Mlih .^d wk J'no
Clii.Iml.St.L.A(; 3d wk J'ne
CIn. N.O. AT. r. May
Cln.Wasli.Alinlt. -'d wk J'ne
Clev.AkroiufcColl3(t nk J'ne
Clev.Col.C.AInd April....
Counottun Val.. March...

A

Danbury

Nor. .May

Denr. & Kio Ur. 3(1 wk J'uo
Denv. &R.O.W 'May
De« Mo. & Ft. l).i.J<l wk J'ne
Det.Laii.i'L'ANo.

:)il

Dub.Asiniixfity 3d

wk

wk

J'nc
J'up

B.Tcnn.Va.AOa. May
EvunsT. A r. H .ul wk J'ne
FUnt & P. .Marii. 3d wk J'no
nor. R'w.n & N. :Sd wk J'ne
Florida Sunt li'n.!.Mure li
Ft Worth A Den. 3d wk J'ne
.

Gal.Har.A.S.An.lAiiril

Grand Trunk ...|WkJ'ne27

A

May
IU.Ceut.(Ill.A*))l3d wk J'nel
Do
(Iowa) 3d wk J'nci
(Ind.Bloom.A W. 2d wk J'no'
K.C.Ft.S.AIiulf 3d wk J'ne'
Gulf Col.

.s.

Fo

Kan. V. Sp. A M. id wk J'ne;
Kentucky Ceut'l' April
Lake Erie A Vf..':hl wk J'ne!
L.Rk.A Ft.Smitb' April
IkRk.M.Kiv.AT.Upril
Long Uland
|4thwk J'ne
I

L'a Western
(April
Lonixv.A Niishv.i3d wk J'ne
Mar.HoiigU. AO.,-'d wk J'ne]

Hem.

ACIiaileB.tMarcli

id «k J'ne
&Mei.N..allliiie8;.M.»y

Mexican Central
Hilwauki'O

AN

3d

More.in'sI/i.AT. April

Out.AW.

P.ieirie June
Ohio Central... Jd wk
Ohio A .Mi.«8
May
Ohio Southern.. May
Oregon Imp. Co .\pril

.May:

I

(

'.

A

Iron .May

.

Eoch.
A _Piltiib'g'
ithwk
_
„
J'no
Konio Wat.AOg! .\prii'.".'.".Ti
.t

West'ii.l2d

8tL.AItoii,%T.H.' Jd

Do

(liranche'<i!3d
.s. AW'
Id

Bt. L. K.

1,222.510

56,051!
2-25,385|

29,653,
109.252,

60,li;0
242,lt)5

37,503

1H.9J5
59,920
150.155
10,931
22.580
14^,140
142.774
262,764
190,751
28,475
221,769

129. :oi

454.917

451.205
273,702
163.126
86,7.^1

142,403
477,848

1,0I1,6.'3 1,143,123
21,130
26,016;

275,480
31.845

274,360

312,756
28,h83

wk J'ne
wk J'ne
wk J'ub
wk J'ne

46,286
35.61
46,113
121.02T
36,437

3j 330
14l!458
15,427
18.190
10.060
13,411
92.400
23,306
489.317
63,846
82,300
258,939
116,166
63.022
79.34
16,017
18.833

ran.iltUwkJ ne
I'aulADui'th 3d wk J'ne
f

,

.

782,533
213.723

Chatham

1,067,151
66,872
76,305

1,191,014
61,900
70,339
2.417,249

North America...

3,4'24,.S00

Hanover

8.560,«00
2.453,000

2,545,.572

341,746
162.017
315,06H
378,427
1,476.653

1,03<),55U

305.129
149,9il
642,682
405,096
1,556,469

327,l>89

319,552

880,074
481,1^4
78.927
198,656
912,126

1,164..531

7,126,5.58
4?)9.32K

7,9S7,3H8
641,971
4,618 781

4,971,783

76li.622

1,181,3(15

1,093,(1.53

793,633
254,302

509.850
239,940

181,419
108,299
1,169,439
19!).704

163,850
107,466
1,131.976
179.112

6,500.621

6,'250,25l

244,276
351 ,765

303,970
335,816

1,";90,S80

1,314.624

676,69j

713.69IJ

258,83-<

210.457
535,539
1.1;'1,411

983,224
161.679

1,307,31.5 1,277.655
5,891.968, 6.3S9.;i()3
1,932,714 2,223,587
1,242.857! 1,301,3 29
667,2151
677,611
405,-i9'JI

1,174,367
2,181,552
4.605,546

318,746
1,474,215
174,899

363.958
1,2 5,<>38

1

2.2.')3,fl20
5,SI8-..5'»8

397.673
1,533.772
178,180
1.070.128

18,7(13

523,636'

64l',4V4

9,633
9,966
95,802

330,52:

36;'.,448

573. l«o

180,239
552,0(55

175 15(1
457.957

319.596
2 70,708

220,001
601.273
161,307
49^,290
455,570

•

i

1.28H,000
1,012.500

2,180.100
6,575.600
3,875,800
1,518,300

Peoples'

Irviug
Citizens'

Nicholas
A Leather..

.Shoe

Com Exchange

...

Continental
Oriental
Importers' A Trad.
Pai

1,510.......

712,900
6.597,400
531.000
11,204.800
357.900
1.138.800
0,894,400
868,700
416,600
513,300
6J.000

'291,«(N)

8.'248,-00

903,000
410,600
3,466,000
1 16,600
186,000
1,094,100
424.600
281.300
274,500
160,000
132.300
161.800
123.100
704.500
1,940.000
2,572.200
858.U00
504.100
883,000
366,400
663,300
184.400
447,500
815.300
410,100

11.885.800

"i'iod

2.7.21.OO0

396,000

18,593.100
1,801.300

m'ooo

520,'20O

1,921,100
729.500

2.324,000
2.923.800

100,900
465,500
8,321.700
909.500
515,600
428,000
435.700

2.373.01)0
.....

1,()'<»,400

72 1, -200

2,730.000
4,970,400
4.5 16, '00

608.OOO
1,433,700

1.3'29,100

225.0,')0

Chase National...

3,071.tl00

88((.300

Fifth Avenue
German Exch'nge,

2.753,900
:, 945.900
1.322,300
2.622,300
2,035,000
1,231,200
1,1 30.!' 00
3,079,200
1.410,300
1,388,000

853.500
150,000
311,000
93(,80n

River
Fourth National..
Eajit

Third National..
N. y. Nat. Exch..

Bowery
N. V. County
Gerinan..\iiierlc'n,

Oermania
Uniteil States

Lincoln
Garfleld
Filth National
B'k of the Metrop..

West 8|!e
Seaboard
Total

281,400
187,20(1

89,900
030,000
443.000
736.100
314,000
1,607,900

13.217,1001 6,891.200

4,965.700
139.000
173.000
6,170,900
2.985.000
810.000
1.35H.700
3,595,800
903,000

()00

:.200

I,()77,600

67.8,300

16,735.100
1,538,000
1,079,700
14,526.000
7,290,000
2,423.000
4.502.100
16.098.400
3,983,100
1.147,300
2,019,300
1.994.800
2.620.3 (0

i(

2,(i44.H00

276,000
197.100
2.024,100
912.000
283.000
6i7.800
1,373,200
1,030,300
241.500
125,000
40a.800
263,400
287.800
267.3 10
580.000
193,900
336.300
294.100
160.700

•2.!6,200

473.700
342,100
471,300

7.56.200

171.000
179,000
971,400
59,100
35,000

1.52,500

696,600
630,700
330,300

..

The following are
1836.

totals for several
L. Tenders.

Specie.

Marll

303.82!,,800|1037I5700
21 301,371,,1001104626200
" 28 300.981,.'200 104752300
Apr. 4 302,757, lOOI 101434400
••
11 302,0i(8,,000 1060i5300
" 13 .301.963, 300;l07.)91800
" '2S 293,343, 7,)0il099,)S100
••

j

32,294.400
31,x70.70o
3i,029,9OO
30,812,500
30,053,600
32,186,100
32,388,2(10

2 i2»ii,61K, lOii UU81'20O 33,243,300
9 1299.100. XOO 113037000 32,740.»O0
••
16 2i)».743. 900 H364I (10 35,017..SOO
"
296,000, 200(114607200 i3i,021.10O
23i
" 30
293,146 2«((h 14501500 36,0(3.400
J'ne 6 293,307, 200 114600 00 36,471, '200
" 13 298.837. 30(1 '15133200 38.69.5,600
" 2"| 298 383, 300 1 146,51 iOO 40,727,000
" 27 .(03,735, 500 113956600 43.628,700

M'y
••

Boston Banks.
Loana.

1.8'20.10O

21.938.000
2.79O.H0O
8.033,300
l,92-(.«00
1,3.51.000

1.022.800
2,.580,100

1,201,100
8,943,500
14,371.000
23,4(18,800
5.41,5,100

6,821.400
3,162.700
8,106,3(10
4,190.5001
1,741,900

" 21 142,756,200

" '28 142,O77,'2O0
Apr. 4 143.2-i'2,100
" 11 144,091.300
" 13 144,83^,300
" 25 144,671,900
M'y 2 144,838,300

' 9 144.532,900
" 10 144.196,200
• 23 144.462.700
" 30, 114.026,600
J'ne 6 140,231,300
••
13 147.300,900
•'
20 149.141, 'lOO
" 27 149,703,700

DepoHts.

39R.800
681,900
167,200
3,600
421.300
43,000

869,200
892.000
389,000
43.3'6bo

46,000
6,400

3.852,500
l(l,«87,500
3.03 1.000

3.817.200
2.341.000
2,<55,800
1.895.100
3.3 10.000'
4.417,'<00

C.040.4001

iso'obo
241.900
250.000

435.600
3'69','iOO

ios'sbo

1.841. loot

23.377.0001
22.815,100
1,974,000

989,906
46,000

971,800
17,322,800

a'is'soo

»,6..<8.000

3,191.000
5.n30.80(

17.180.500
4.800.600
1,13^.000
2.220.300
2,437.700
2.481,000
3.836,400
3.208,Gm'

180,000
297,000
35,400
45,000
434,800
179.400
191,60
180,000
46',0O5

2,S28.40<1

2.313.700
3.163,300
2,809.200
1,259,400
1,280.600
4.615,600

130.000

43000
174.900
135,000

1,911,'JOO

1,411,000

9,910,700

past:

OirctUatUtn ig^. Clear'ga

355.670,200 10.931 ,100 (.82,688,774
354.291,200 10.97 7 .600 428,776,688
35f.443.s(0() ;0.39P "00 437,169,568
352,634.200 10,i(53,.8001116.524.824
354,415.10(1 10.963 lOO 101,534,493
357,937. iOO 10,913 .800 133,510.488
35.1,316,700 1((,910,.300 434,334.731
353,319,400 10,314,,300 11!. ,511,314
361.9 18.700 10.797,,.500:507.034,848
3IK.97 1.300 10.5'29,,10((i6 11.357,389
363,276.900; 10.430,.200 471.177,674
361,433,900 10,361,,100 315.317,888
36l.2I4.30(( I0,11.S,,500 46-'.877,506
367.593.300 10.137. .iOO 404.261,890
371.751,200, 9,978, 8110 440,059,748
376,763,5001 1(,910, 700 448,053.921

—Following are the totals of the Boston banks
Sptcie.

Marll 142,669,900

weeks

iii',060

j.'»',O00

303.735,500 11395C800 4:'.0'.8.700 376,763,600

.

S
460,000

.000

2,803.((()0

1,273,300
4.972,000

2,7.59.((00

13,20-2.000

Republic

St.

S

Otmtlo-

3.201.,

64;

lf>,49B.8.)0 10,844,600
6,02'2,700 1,069,()00
6,Z4'2.'200
1,418,000

Paclflo

.

s
1,71,'.. ..'i'

11'2.100

1,078,600

Mercantile

Nassau
Market

Mmotfur
O.a.

4,21«,noo
2,513,200

704,300
362,000

2,1(97.500

AniorlG'n Bxoh'ge.
Cotinnerce
..
Kroiulffay .... ....

63'!.506
836.3.50

2s) 1,59,'..

1,51(2.000

Or(»enwich

Central Nationjkl..
Second National..
Ninth National...
First National

9S5,«17

G,'2(ie.9O0

Leather Mannf'rs.
Seventh Ward
State of N. Y

949,59i!

713.0r;2

3,138.400

A

North" Rlvorllllll

1,006,856

543,3)3
7«1.971
810.678
1,309,491
879.510

Chenitcal
Mert;hant4' Exoh,
Oallatln National..
ButcherH' A Orov..
Me€)ian)c8'
Tr.

498,717
45,609
223,685

336,279
286,811
266,212

In either year.

99.<,300
l».37a.,300

1,004,135

71S.354
10,615.000
10,059,251
2.358,532

43.24
36.637
47.014
137.363
32,121
3i,52)
132,532
24.863

Mexican eurrencr.

Not lududJug Colorado Division

7,2'28.9()0

3,032.000

782,304
212,819

8,2iiH,579

of New York Pennsylvania A Ohio road,
o Dooreaite this year wholly lu raiscellaneoU'* receipts.
•Not lacludlnif the llrai; six days of January, preceding time when
Receiver t^iok pof^toAHion.
f Nor lacluling Iiid. Decatur A Sprlngf.
lo either year.
f

Ptaenix

City

Tradesmen's
Fulton

5tjl.l.69

213.318
475,476
3,488,928

9'Jl,469
239,982!
83.71 -2!
4.55.483
•236,121
4,267,173 17,583,955 19,4 27,075
12.6121
?10,U3
319,310
23K.853I 1.212.256 1.324.443
2.827.94 10.231,9101 12.06;).901

o Not Inoludlnit eamlDKs

,

Union
Atuerica

1,095,010
1,001,291

l,0«;i,7Kl

266,132
221.584
1,979.16
2,125,782
Bt.
25,5391
433,1 b5
459,557
8t.P,.5Iin A Man., May
621,1671 2,829. 170 2,972,730
South Carolina. .' April
73.3 lol
434,361
41(1,904
80. P.ic, No. Dlv; February
72,!l79i
181,9221
152,392
;9oiithernDiv. .March ...
222,977
781,(161
740.995
Arizona
March
4(iO,7.32
142,5621
422,015
New Mexico.. March
54,lti2
172,609
161,748
Texas A N. O
April
86.969
2'>9,917
317,335
Tex. A St. I.,oui« Ist wkJ'ne
17.470
385,332
315,364
Tol. A.A, AN. .M. .May
19,6.30
104,601
84,491
Union Paritto... April
1,987,19! 2,116.520 7,201,606 7,154.463
Otah Central ... April
52,7.55
70.859
236,527
303,174
Vleksli'g A .vier. May
25,90ti
30 8il
172.821
194,413
Vlck.ili..8h.APac, May
21,503
5,614
132,814
50.038
Wab, St. L, A P. May
1,0(9.0751 1,202,032 5,956,624i 6,274,536
We«t Jersey
Mav
96.068 102.970
399,742
415.135
WlaconnlnCent'l 3 wksJune
07 '2, 226
80,259
67,516
672,9981
Bt.L.AS.id

Merobantn'
Mfloliaulos'

6,S2.1.000

8,893.000
8,335.000
6,33J.700
8,014,000
3.943,000
9.440,900
a.77 1.000

.....

Manhattan Oo

651.990
6,355,119
1,166,446
207,259
410,989
3,705,754
7,557,712
657,443
10.427,193
10.111,752
2,559,435
721,862

I

.

St. Jo.

4T.5,896
18(1,078

'2,377.424
j).267,176 1,33'2,219 5,316,021 .5,9:0.512
293,077 2)9.3-9i 1,583,27 9 1,573,283

Biohm'dADanv. May
Cli.Col. A.Vug May
Coliuul)laAGr. May
Georgia Pae. . May
Va. Midland.. May
West. Sit. Car. .May

197,221
1,343,145

1.1)16,338

230,76'*

I

551,88.'^

544.090
0.147,763

Ori'sfon -hurt L April
146,793
Pennsylvania... May ... ..i3,s9U,469
Peoria Dec, AEv. 3dwkJ'ne[
10,014

Phila.A Erie ... May
Phlla. A Reading May

C,0OS,48«

447.505
0.392,788

Tmdtrt,

S

New York

3,036'.965

149.045
85,294
I

$
451,599

Stt Dtpottti

Lual

SPSOM*

1834,

123,(KMI

260.3(>.'>

J'liei

1886.

23.305
2,030,079
290.002 306.211
55,68S
56,103
109,7(!0
119.214
176,n3B
151,931
2,06r),OTO 1.832.151
33,213
35,377
574,000 632,555
449,300 466,000
107,400 108,500
2.1, .MO
29,666
40.003
44,462
187,216 219,147
2(i.6a3
28,388
]0,^o.^
11,436
23>.e50 294,113
24,400
21,987
15,982
14,209
108,0^6
81,379
74,5'24
78,143
6,744
5,905
25.704
22.274
20,626
19,980
270,335 295.461
13,B!i9
15,875
41,171
31.655
16,717
10.161
17,061
25,191
16,000
9,600
23S,01T
285,272
2S9,917 33-<,753
10i,254
133,637
196,741 200,31st
37,8.>'7
36.405
39,131
39,177
38,915
40,851
21.605
22,639
68,153
69.933
16,659
18.439
3H,960
41,110
16,HS9
23,127
69,044
71,303
'.^3,673

368,760

Korthcrii

Do

48,984
7,968

l,230,8.)7 1.308,545

-May...
I

9.87
lOii.OOO

232.439

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

K.Y.Susq.AWest May
Korfiilk A West
wks
Horthern dut'l May

53,342

167,4 9.S
49,9f)0

.

fr.O.A.Nurthea.st .May

H.Y.A.VewEua. May

9,5.57

10.820
29,730
160,225
125.119
32 1 .800

.

iSr. Y.

$

137, 192

Mll.L.Sh.AWes' IthwkJ'ue
Minn. Abt.LoulK .Mav
Mobile A Uliic. May.

N. Y. Cli. ASt.L May
aN.Ti.L.Kile&\V May
N. Y. Pa. A O. May

$

72,790

wk J'ne

Bash.Ch. ASt.L May

1884.

l.TS.-i.OOO

.

Cbesnii.

Ches. O.

1885.

6H.224
88,543
l,184,OBU 1,343.382
lou.oas
108,280

.

Atoll. T. A H. K.. Mity
Bait. Je rntimiiii' .Maj"
Bosl. H. T. A W. 3(1 wu J'lio
Bur.Cwl.K.&No.'Sil \vk J'no
Cul. Southmi... Miiy

Canadiikii Paotlle

27, 1885:

from which returns can be obtained.

railroads

all

15

][j,Tmaert.

DeposUt.' \Ciroutation

9

$

a

8,199.100: 4,331,,200
4,989,,400
5,510, 000

3,324.500
8,403.100
8.304,600
8,286,10((

8,342,300
.8,45.2,000
8, ,5 2 9, 800

3,514,900
8,493,900
8,437,800
8,70i,800
8.74-.,400

8,733,000
8,76!).S'00

8,777,400

Am. Cltar'^

98,,012,401 h22.513.200
99,,633.100 2'2.132.a00
97.,542,600 i2.537,4.(0
5,219, 100 99,,•242,700 22.470.800
5.074,,000 101,,632.800 22,,58.5,10O
4,476,,300 104,,130,500 22,627,200

4,335, 400' 1(13.,053,300
4,434, 400 101,,892,600
4.213, 600 102,799.500
4.079. 400,104,,234,700
4,321, 700 104, 570,300
4.758, 200,101, 373.0((0
4.816, 700 107, 270,700

61,607,114
56.630,873
e2,680.6'28

66,834,49S
63,008.681
71.962,089
65,239,788
64,349,479
66,682,368
63,772,614

22,532,200
22.,il4,niO
2/,'238,100
22.233, 10((
•22,270,300
22.047,700

59.311,<284

46.162.129
22,212,200 70,298,985
4,890,1600 103, 508,400 22,075.100 6'2.74 1,968
5.081 3001110. 079,000 22,061.40(( 59.174,914
5,43S 300 199. «Sl,000 21,993,0001 82,009,886
!

Philadelphia Banks.- ^The

totals of the Philadelphia

bank

are as follows:
Loani.

1886.

Mar. 14..
21..
28..

"
April 4..
"
U..
"

May

18..
25...

3
9.

16
3,3

80....

6
13
20
27

1

Lawful

llfon«v.

DtpotiU.'

Oireulation. Atg. Clear'tt

$

$

i

i

»

74,3.5.5,491
74,'282.-240

26,449.413
25,634,003
2..U33,585
23.-01,033

74,354,433
73,587,796
72.953.918

7,623,-223

40.319,799
42,547.084

24.0.15.465
25,139,0 2

73,143.024
74,509,820

74,472.677
74,987.741
73,020.901
74,761,667
74,264,556
74,267,010
74,07;(.19l

74,631,486
74,94 1,-'96
74,513.382

74,'295.191

25,8-<9,969

74,052,320
74.935,661
77,001,216
77,163,756
77,851,301
77,395,558
77,616,033
78.041,013
77,621,600

27.6tf.->,687

71,218,309
74,635,865

26.893,610
27.734.800
27.176,845

74,43-2,309

•27.160.500

74,:156,932

7-2.45-2.733

25,750.503
26.621,227
27,010,733
26.695,389

7,683.725
7.667.620

'InoladlDg tbo Item "due to other banks."

'

4-2,372,783

i

41,698,184

7.690,31(0
7,7..5,.16
7,690,3-28

43,74'i,MS9

46,329,384
41.340.164
44,438,397
44,186,604
42.207,410
44,099,177
31,627,819

7.691.068
7,861,081
7,667,337
7, 61.741
7.603.363
7,612,036
7.434.195
7,4V9.366
7,4333K)8
7,41'2,000

i.3.754.947
40,498,-i65
45.65-2.87S
I

41.999,138

:

—

MJ
'

—

MJ

)
)

,

THE (CHRONICLE.

IB

[Vol. XLI.

GENERAL QUOTATIONS OF STOCKS AND BONDS.
the par ra^v be : other quiUtlona are frequently male per share.
Quotations la1 Vnw York reorosont tUo nor cent value, whatever
"s," forsnld; " g'd," lor jjuarauteed; "eud.." for eniorsod;
2 slihreviations are often used, viz "M." f or mortstage
The following
for land grant.
?"c)nv.." or convertible "s. f.," for sInWn? fund; "1. «.."
;

:

:

*"'Suli5^'ii NeTyork'are"^^

Subscribers will con fer aflivor by giving notice of any error dtscovered In these ftuotatloim
Bid.

United States Bonds.

Allegheny, Pa.—5a. en., '83-97. .Var.
Var.
112MU2'8 4118, coup., 1885-1901
Var.
112'S8,U'2''b
49. coup., 1901
122% 122^! Allegheny Co., 5s, cp., 191f.J&J§
12258
4s, riot loan, 5-lOs
12

UNITED STATES BONDS.

Tbg-.Q—
C0UP..Q—
reK..-Q—
coup.. .Q—

4>t«, 1891
4>(S, 1891
4a, 1907
4«, 1907

4s,
5s,
58,

rep
reg
reg

1898
6b, Cm-reucy, 1899
ea, Currency,

100
100
100
9!'

98
98
100
100
110
112

1

Ask.

106
105
101
100

Bid.

City Secdritiks.

[

Louisville, Ky.— 7s, longdates. Var.) 113
Var I 107
78, short dates

Var.l 107
Var.i 101

6s, long
6e, short

t

99
V9

M&N

58,1890-1900
Lowell, Mass.— 68,1890,
Lynchburg, Va.— 6s
88

102

W. L.M&N'l 112

&
&

J&.I 129

130 "4
13314
J&J 13a

101

101

1

1

Aak.

1191*
111
110
102
104
l]2l£

J 106

J
J 123
J
F&Al!l03^
Lynn, Mass.— 6s, 1S87
J&J U9^
Water loan, 6s, 1894-96
Do. 8s
no
M&N) 114
5s, 1905
Waterworks
105
Macon, Ga.— 78
Augusta, Me.—68, 1887, man. .F&A) lOi^g ids
105
...Varloui'
Manchester, N.H.—
Augusta, Ga— 7s
115 i'2'6
J&JI 116
63, 1894
Austin, Texas— 10s
6s, 1902
J&J 124
Baltimore.—
103
104
48,1911
65, Pitt8.& Connellsv. RR.,'86 J&J
,.. Q—
110^ Memphis, 'Tenn.
6s, consol., 1890
Q—
110
Taxing Dlst. of Shelby Co., Tcnn. 70
6s, Bait. & O. loan, 1890
Q—
Milwaukee, Wis.— 5s, 1891... J & Dl 100
68, Park, 1890
M&g
Var.) 108
7s, 1896-1901
68, bounty, 1893
122
J&JI 110
78, water, 1902
do exempt, 1893...M&8
6s,
Mobile, Ala.— 3-1-5S, funded. .M&N 48
J&J
5s, water, 1894
J&J
Montgomery, Ala.— New 3s ..J&J 5.5
68,1900
5s, new
70
6s, West. Md. BR.. 1902 ....J&J
'102
Nashville, Tenu.—68, short
6s, Valley RR., 1886
1103
M&N
68, long
5s, 1916
J&J
Newark— 6s, long
Var.) 116
4s, 1920

—
—
J&J
—
— J&J

reK....J't.l 127'4
re;;

do
do
do

10-20S
5-lOs
10-208
Atlanta, Ga.— 78

reB..Q.— F, 103^

38. optiim U. 8
6«, Currency, 1S9^
6«, Currency, 1890
6e, Currency, 1897

Bid.

ClTV 8ECCR1TIE8.

Ask.

1

I04I4
121

IIG

1

STATE SECURITIES.
Alabama-Class "A," 3
€laa8"B,"58,1906
Cla8s"C,"48, 1906

89«s

to 5, 1906...

102
81
J 104

J &
€», 10-20, 1900
AJlcansas— 68, funded, 1899 ..J&J
7», L. R. & Ft. 8. issue, 1900. A & O
7b, Meu:plile & L. R., 1899. .A & O

3

10
10
10
10
3
2

78,L. R.P.B.&N.O., 1900..A&0
78,Mi89.0. &R.Rlv.,1900..A&O
78, Ark. Central RR., 1900. A & O
78; Levee of 1871,1900

California— 6s,

civil

bonds,

Connecticut— 5s, 1897
New, reg., 3>S3, 1904
Del awa re— 68

J&J|
'93-9.5.* 1103
M & N 103

5
5
104

A&O

J&J 103

Bangor, Me.— 6s. BR..1890-'94.Var.1
J&J)
68, water, 1905
6s, E.& N.A. Railroad. 1894. .JAJ)
116
68, B. & Piscataquis RU.,'99.A&0)
Var)
J&JI1II6
Bath, Me.— 6s, railroad aid
Funding 58, 1899
58, 1897, rannieipal
Penn. imp. 68, guar., 1891.. .J&Jtill6% 116%
Perm. imp. 78, 1891.
J&JI 121 1221s Belfast, Me. 68, railroad aid, '98..
Boston, Mass.— 68, cur,long,1905 Var)
Wash.— Fund.loan(Cong.)68,g.,'92t|ll6>s
Var.
6s, currency, 1894
Fund. loan(I.*g.)68.it., 190-2 Varl 123 >s 125
121
Var.)
5s, gold, long
Market stock. 78, 1892
4I33, 1908
130
A&O
Water stock, 78, 1901
1130
do
4s, currency, long
J&J
78,1903
13
Brooklyn, N.Y.—
Florirt,v-Consol.gold68
J & J HI
District of

Colnmbla—

Var.l 1120
long
water, long
Var. I|122
Bedford, Mass.— 68, 1909. A&Ot 130
58, 1900, Water Loan
A.&O 113
78,
7s,

J&J^I

-

1

F&A|116

Cons. 3-658. 1924. coup
Consol. 3-658, 1924, reg

New

116%
116\

N. Brunswick,

—

Ooorgia— 68, 1886
7b, new bonds, 1886
78, endorsed, 1886
78, gold bonds, 1890
88,^76, '86

Kansas- 7s, long
iioulsiana— New con. 7s,

Ex matured conixm

F&A
&

J

102
J 102
102

Q— HI

A&O 102

114
108

J&J
1914.. J&J 75
63
46
101

Babv bonds, 3s, 1886
F&A
Maine— 4s, 1888
F&A
War (!ebt9 assumed, 6s,'89.A& Ot 111
Maryland— 68, exempt. 1887... J&J
6b, Hospital, 1887-91
J&J 107

Q—
Q—

68, 1890
68, 1890
3-658, 1897

78, 1890
6s, Water, 1891
68, Water, 1899
6s, Park, 1921
7s, Park, 1915
7s, Bridge, 1902
7s, Bridge, 1920
7s, Kings Co., 1888
68, Kings Co., 1886

50
102

Buflalo, N. Y.— 7s,1895
7s, water, long

11118

112
115

Var.f
Var.)

Park, 1926
M&.S)
Cambridite, Mass.— .58, 1889. ..A&OI
68, 1894-96. water loan
J&J
6s, 1904, city bonds
J&J *
6s,

106
112

J&J 108
gold,'91-94 A&Oill2

Charleston, S.C.—6s,8t'k.'76-98..Q-J

Massachusetts—5e,
117
78, lire loan bonds, 1890
J & J
58, gold, 1894.1897
Var.l 117
120
78, uon-tax bonds
Michigan—7s, 1890
M&N 112
4s. non-taxable
Minnesota— New 4ia8,1912 ..J & J 101 106
Chelsea, Mass. 6s, '97, water l.F&A)
Ml880uri-68, 1886
J & J lOli
Chicago, til.— 7s, 1892-99
Funding bonds, 1894-95 ....J & JJHS
6s, 1895
l.ong bonds, '89-90
J & J 1 10
4138, 1900
Asylum or University, 1892. J & J|112
3-638,1902
Hannibal & St. Jo., 1886
J & J 102
Cook Co. 78, 1892
do
do
1887... .J & J 103
Cook Co. .58, 1899
Hew Hampshire— 5s, 1892
J & J 109 Ill
Cook Co. 414,8, 1900
War loan, 6s, 1892-1894
J&JI 113is H7is
West Cbicago 5s, 1890
War loan, 6s, 1901-1903
J & J 130 132
Lincoln Park 7s, 1893
Hew Jersey—<!8, 1897-1902.. ..J&J*
West Park 7s. 1S90
68, exempt, 1896
J&J*i
South Park 6s, 1899
York— Os. gold, reg., '87. .J&J 10 IH
Cincinn.atl. O.—6s, 1397
M&N)
6e, gold, coup., 1887
J & J 10214
7-30S, 1902
ea gold, 1891
110
48
J&Jt
ea, gold, 1892
113
Southern RR. 7-bOs. 1906. ..J&Jt
«s, gold, 1893.....
A&O 116
do
6s, g., 1906
M&.NI
llo.O»rollna— 6s, old, 18S6-'98..JA,1 30
do
Cur. Os, 1909
F&A)
6a, N C. RR., 1883-5
J& J ti 160
do
Skg. td. 53, 1910.M&N
«a,
do
A&O1?160
Hamilton Co., 4s
6a
do
7 coupons olf
J&,i 135
Cleveland,0.— 78, 1887
Var.l
6e
do
7couiionHoir
A&O 135
7s, 1891-98
Vrtr
6a, funding act of I8I1C 1900 J&J
10
6s, 18U8
Var
6«.
do
1868,1898A&0 10
58, 1837-89
Var!
0«, new bonds, 1892-8
J&J 18
Columbua, Qa. 7s
Var.
18
5» „<>"
Covington. Ky—7-30s, long

—

ew

New Orleans,

I

116
114
128
136
143
138
145
109
103
113
123
110
101
120
130

A&O

18:10
Dallas, Texas— 88, 1904

6a,
48,

Detroit,

«a,

•

5k,

119
116

Ulia
106
99

48, leg, 1891-1904
4a, reg., 1912

F& Al....

78, consol.,
7s, 1905

F&A.

1885-98

'

'

107^
106
102

la'o"

,

Providence, R.I.— 38,g,,i900-5.J&J 11614 117
128
63, gold, 1900, water loan. .J & J 126
M & 81 lOOig 100%
b.,. iS83
Riehmonrt. Va.— 68, 1884)911. JAJ 116ia
I&J 13713
8s, l>(-)(>-l!103

t

N.

Y.— 6»,lonK....Vartoasl llO

•IPrloe noauoal:

fln<«

117

68, 1900....

r^l-Mii niVv."

,

A&O 121
Co.— Os, gold, 1903
Currency, 7s, 1887-'88....Var.. 104
106
Minn.— 6s, long
lH2
78, long
Var.illO
88, 1889.96
Salem, Jta.ss.— 68, long, W. L. A&OI. 124
JA.M llSij
5a, 1904, W. L
Var. 112
8au Fran(!isco— 78, school
lOlij
63, gold, long
08
Savaiiuah funded 58. consols
lomorville, Mass.— 58, 1895. .A&OI, 110
St. L.

}

123

127
1171*

103
90
112
A&OlillS 117
38, 1903
Jpringlleld, Ma.ss.— 6a, 1905. .A&OI I28I9 130
A&OI 140i4 140i«
73,1903, water loan
[

Toledo.

O.— 7-308, BR.,iy00.M& N

I;

Var.

|l

83. 18'.);!-94

Washington, D.C.—See Dist. of Col.
'lOO
V'lmiugton, N.C.—63
'100
88, gold, cou. on
Vorceater, Mass.— 63, 1892. ..A&OI 115
i

A&0,117

58,1905
4s, 1903
104
115
106
10.5

116
112

O

In London,

llSi*
119

loeia 107i«

A&O
U.lILiltOAD BONDS.

.A&O
V.Y— w'Jn'r'.Ta

»o /ate traasaoUoaa, I.Paroha^jr alao
pays accrued lutorest

1

Paul,

1

"var

Lawrence, Mass,-6s, 1894.. .a'&
'Long

108

Var, 105
aoohester, N.Y.— 63
J & Ji 132
78, water, 1903
Rockland, .Me.— 6s, '89-99,KR. F&A IOOI4 101
77
St. Joseph, Mo.— Uomp'mise 4s, 11)01
Var. 103 la 104 14
:8t. Loiii^, 5Io.— 6a, short
Var. llOls lllifl
6s, 1802
...Var. 107
5s, long
Var. 1031s
.5s. 10-20
.

1

"••'

JiJ 107

1914-13

58,

I

OITW SECORrriRS.

.

[

I

iiiy.

M&S

I

'a&O
.-..<«.aw

Hudson County 78, 1891..' "jxO
Bayonne City, 7s, long...
j& 1

99
106

1

104

Rh.Kle iRlM-Ws, 1893-9, coup. .J&J 120
Fall River, Mass.—6s, 1901
F& Al
8outhCan>ltna-fl8, Act of March)
-,
1894, gold
".F&A
I 38,1869.
*^ 33$ 58.
Non-fiuidable, 1888.. I
58,1909
P&\( i.„
^Browu consols
lOeia 107
Pltcliburff, Meisa.- 68. '91 W.'l' J&J) '111
XiBnneBnc& (!s. unfunded
Galveston, Tex.— 83,1893-1909 .M&S! 103
'onda, 3-45-68, 1912 5414 55
14
58,1920
j&o "58
60
Hartford, Ct.— City Os, var. dates
Tex
.M&SlillO
Capitol, untax, 6s....
1
1910.
M&,Si 120
)
Hartford Town 4ifl8. untax
J&JI 123
Haverhill, Mass --6s, H89..:"a&OI
Vcr
...J &!),
Houston,
Tex.— lOs.....
Tlr
...J & J 40
6s, funded
*>
i..J & J 4)
lndianapolis,Iiid.— 7-30's",'93-9,''j&j)
i>
JAJ
50
Jersey city— 03, water, long, 1895
ee.uui.
J&J fio
7s, water, 1899-1902..
tia.dnf.
jAJ
5>«
6
78, Improvement, 1891-''j4. "Var
Tax-r.v
iis-.tromcons'ls' .33 >«
7s, Bergen, long
\\\js^j
'''""
10-*"s-t 52>t
»
o .1. .bonds,
J
Hudson Couuty, 6s, 1903
Funding
J&J
38.1032
Jju 53 "4 53%

u

[118
old, rcK.J&Ji.---

Mc—

no

Var
Var)

I

JAJ 118
Pa.— 6s,

Var.[116 117
63, gold, reg
78, water reg.&cp.,'93-'98...A&0. 126
78, street imp., reg, '83-86. ...Var. 100
6a, Mun., 1895.Var.l[113i« llftift
Portland,
i22i»
1 22
6s, railroad aid, 1907
Portsmouth, N. H.— 6s, '93, RR. J&J 1 131s 115
<'
Poughkcopsie. N. Y.— 78, water

116

3t.

long....'.'.."

J A.I [100

new, reg., due 1893 &over.J&Ji 131
Var's yrs. 104
new
Pittsburg, Pa.— Is, coup., 1913. J&J. 97
J&J. 105
5s, reg. and coup., 1913

[

Mich.— 78,

II714.

63,
4s,

.

78, water, long
Elizabeth, N. J.— 78, short
78, funded, 18SO-1')03...

&

100i«

116%

1

tax

Philadelphia,

103,1893-96

J 103
new. reg., '92-1902.F&A 1 17

J

Va.—6s

8s, special

Water, 6s. 1900

A&O|ll0i«Hlis

_g?-J<'»9
CTiio68,1886

FNica

8618-

99
106

8s

Waterworks,

do
W'uN.C. RB.A&01....
do
Wil. C. &K.. A&O ....
new. cons., 1010
J&J1 86iai 87

122
125
132
117
100
85

[124
!l32
[118

Petersb'irg,

80

i

6a, special tax, class 1,1898-9A&U
4
do
6«,
cla882
A&O....

104
110

1

80
30

"(

7-303,short

51

121

1887
1R96
1901
1890
1896
1901

. .

—

2^

75

M&N

108

106>4
1031a

126
104

128
107
125
133
119
133
131
:136
140
Newton— 6s, 1905, water loan. .J&J;129 131
J&J:117i» 1181*
58, 1905, water loan
Norfolk,Va.— 6s,reg.8tk,'78-85 J&J 104
Var.jllS
88, coup., 1890-93
8s, water, 1901
Norwich, Ct.— 5s, 1907
A&OI
73,1903
J.&J
120
115
Orange, N. J.— 7s, long
tjlOB
Oswego, N, Y.— 7a, 1837-8-9
r2'5*'
Paterson, N. J.— 78, long
Vai 1 24
116
120
6s. long
110
(109
3s, long
4l3^, long
1102
103
6s,
6s,
6s.
7a,
78,
78,

;

A&O

75
86

bonds.
Var,

New York City- 5s, 1908

)

68,ChBtbamRR

90

J.— 78, various-

— Premium

Consolidated 6s, 1892
Newport, Ky.— Water bonds 7-308..

.

J&J
A&O

I-,

La.

118

{Bandit of companies '^oiiantidalcd
iCtU bc'/ouwl uufler the consoli-

dated name.)

Southern— lat

luort., 19081 107
109
'88 .. .J&J 1 09
1883
A&O 102% i'o'278
130
190e,guar..A&O
Couaol. mort., iJs.iyOii, i;uar. .\&0 I1314
lUegh. Val.— Gen. 5I,,7 3-10a..J&J ,121
East, cxten, M., 7a, 1910
A&O ;126 128
Income, 7s, etui,, IS'M
A&O

A,la.

Gt.

klb'y

& Susri.- 1st M., 7s,

1

2d mortgage,

73,
Conaol. moi-t.,7a,

j P,u-t

being re Jeemed.

H Coupons on since 'da

MF

F
J

JOT.T

THE CHRONICLE.

1886.]

4.

GENERAL QUUTATIOXS OV
for Bxplanatloaa

ST0(JK.8

«

Notes

Head

AND

'

!*J;?'^! 'M
121
J&J&A>t<)!l 122
,

7h. l<)Ott .
Sn, 1!)0:» (tsl iiiort.)
5«. plain ImukU, 1U20

MU^.Klv.ni-id;
Louls'a.d Mo.l;

1

AAi

M

I

ii'i

k

A Bait.- (Contlniied) —
3d mort.. gold. 38-48, 331.. FAA

1I8>«

Cln.

122
121

'

124

1

119
liiUOMAN i;r

J.l.Trt.

Cons.

A

Ark.V..

l»t, 78. »t-,li>03

ll2U\^12m

2d.

;

lis,

Chlc.Burl.AQ.— Oon8.,78,1903 JAJ 132 »s Wii"
102 >4
JAI) tl02
Bonds, S8, 1895
AAO 105 05 '4
58, 1901
MAX 103>« 103'8
58, delionture, 1913
AAO 108
7m(|
58, 1919, Iowa DIv
Atlamio.V I'ai'. -1st 0«, 1910.. J&J
51
AAO 05
do
48,1919,
J<tJ
151«i
Ineiiinon. li'U)
95I3
KAA 95
13 Oi^a
48, Ucnver Div., 1922
73>si
Coiiinil Division, nid, (is
62
MAS »o 90'a
48, plain lioiid.i. 1921
now lis
do
102
'j
Bur. A .Mo. K.. Id .Vf., 78.'93. A AO 117% 118
e«ltlmorp& Ohio -08, 1885. .A&O lOl-'e
107
("onv. 89,'9t ser.JAJl
do
j.tn 105
Bterimg, .">«, 1927...
111
Bur.AMo.(Noli.),l»t,6s,19l8.JAJ|'117'»iU8
.M>t.Mi;il3
StBrllnif, (is. Isni.j...
aid
118
C(nirt,
(Is, non-ex. .JAJ|M07^ilOS
do
M.VS
(>s,
1902..
Btorliuu mort.,
K.,
123
do 4s, (Sel).), 1910... JAji fl)'.iis 93
Os. R., 1910. MANi'li-'l
do
U-SiIK;
119
Nel).KIi.l8t,78,'9(iAAO|ll
do
1919.
..A&O!
Br.,
(i-i.
Parkerslmrg
122
do Oin.A8.\V.,l8t,H3.JAIJ trim l25'ii
ealt. iV Pi)t'o-l«t, 68, v'., 191 1 J.%,1 ,'120
IISV.I
atin
!119
121
'90...AAO
l8t.88.
ni.
QrandTr..
(is,
A&()
»?•.!!''••
1911.
I8t. tunnel,
...1119
DIxon Poo.A Ft., 1 «t,89,1889. J AJ 't 1 !<<%; 1 1 IH.
J&J
Bell's (iap-lst. -a, 1893
100
;t 127
1900.
1 29
Kox
JAJ
Osw.
A
K..
8s.
Ott.
F.feA
(Irt,
1905
1st,
ClulncyA Wars'w, 1st, 89, '90,.1AJ I113>9 IM'n
A&O 101
Consol. (i«, 1913
12J
vtoh'n A Nel).— Ist, 78,1907 .M.tS I122".t 122%
eelTidera IJcI.— l»t,68,c.,1902.J&l)
23
Chic. A Can. .I0. -1st, 7s, 1902 AAC
M.W
ad mort., (i», 1SS5
-..
Ohio.
A East 111.— St mort. 69, 1907 111 Ill's
F*A|
3d mort «», 1887
II913
Income bonit-*, 1907
Boston it AllMiny— 78, 1892. ..FAA'1 119
99I1!
119>4
98
Istj con., (;•>. gold. 1934 .... AAO
.I&.I1'119
6s, 1S95
103U Ohio. A Gr. Tiuuk-lstniort.. 1900 95 too
B08t.Conc.&Mon.-S.P.,69,'89.JA,) 103
1109
111
llSHi
CUlc.AMieh.I,.8h.—
l8t,88,'89.MAS
AiOl'llS
Consol. iuort.,7«, 1893
19
Chic. Mil. A 8t. Paul—
1*
Boat. Hart. A: E.— Ist, 78, 1900. JAJ
9.M«I H6
Wiolilti\,lS.\V.,l«t.7!(,K-,Kiia..lU02 I107'iill09
112
Atlaiit;i.t clinrlottB Air 1..— l9t,78
85
Iniiinw. i;<
ti.'ii.Ta. 1st, 7k. 1S>10,

(Columbia

I

1

!

A

I

,

1

,

"

,

.

1

I

1S90

68.

118>4

JAJ I117'4 117%
JAJ lion's 107's
1893-91. JAJ 122 "u 123
i'

lS93.JA,Iil 122is 123

A Providenee— 7a,

Bost.

Bost.A Revere B'li— l8t,68.'97.J.feJ
Brmlford Hold. A K.— Ist, 6s, 1.032

•

112

91I4

95
60
100

57
21 mertj;
95
Buft. Krad.A P.— Geu.M.7s.'96.J&J
Bult.N.Y.AErle-l8t. 78. 1916.JAD 129
Buft.S.Y.APh.— lst,68,K.,1921.JAJ
2d mortKaite, 78, g., 1908. ..(,>—M
5IAS
Gen. M., fis, 19i4
Bnff.Plltsl).AWest.-()9,1921AAO
Pitts. Tilusv.A B.— 78, 896FAA
Oil Creek. Ist .M., 6s, 1912. AAO
Union .t Titusv., Ist, 7s,'90. J AJ

35

3.<

K.AN.— l»t.58,new,'06.JAl)
Cons. 1st Aeol. tr., .5s, 1934 .AAO
C. Kap.I.F.A >«.,lat,68.1920.AAO

lOtfij

107

AAO

do

1905.JAJ

38,

29I9

CaliforniaSo.— 1st, 08, 1922... JAJ
Atl.— lst,7a, g.,'93..JAJ

2d mort.,
Cons. «8,

00
104

100
100
90
50

Calltor. Pao.— Ist M.,78, g.,'87. JAJ
2d M.. 6s, g.,end C. Pae., 'SO.JAJ
3d .M. (Kuar- C. P.), 6s, 1905. JAJ

do

30
J

JAJ 103

Oam.A Bur. Co.— 1 st M., 08,'97. FAA

!

91

Oanada So.— l8t M..suar.,1908,JA.J
2d mort., 58, 1913.
MAS

97

AAO 80
2d, Ino.. Hs. 1915
Catawlssiv- Mort., 78, 1900.. .F.feA 125
Cedar F. A Miu.— Ist, 78, 1907. JAJ 113
Cedar K. A .Mo.— Ist, 78, '91. .FAA tllO
124
1st mort., 7b, 1916
2d mort.. 7r, 1909. quar
JAD 120
Cent. Br. U. Pac, lst8,(!3,'95.MAN 1103

82
130
118

MAN

1895

7s,

AU.h..fe Pike-sP'k.lst. 63,*(.

.MAN

Ateh.Uol.APae.,l8t.68.1905Ci.—
Atoh.J.Co.AW..l«t,68,1905.y,—
Cent, of <ia.— l8t.cons.,7s,'93.JAJ

!

110'4

.

Fund, coupon

I

67 <i
102 >s loo

Carolina Ceut.—lst,68,B.,1920.JAJ

MAN

125
122

1

1

i

103
100

!

Iowa— .Now

Ist.,

78

,

;

I

72

A&O

7s, conv, 1902, ai<.sented
.MAN
Consol. M..79. 1 899, assented.
Ac^ustment b<unls. 7s, lOOo.MAN
Conv. deljen. Cs, 1908

lueouie bonds, 1908

Am.

Q—
MAN
MAN

I>k.A Imp. Co., 58,1921. JAJ

LeU.AWllkesb.Coal.lnc'SS.MAN
Consol., 78,gold,19(K>,»3s'd.(i-M
Cent. Ohio— 1st M.. 6s, 1S90...MA8
Cent. Pac— l8t,6s,Kold,'9.>-9S.JAJ
8. Joaquin, 1st .M.,68,g. 1900. AAO
Cal. A Oregon, Ist, 6s, g.,'88.JAJ
series B, 69, 189'
do

Cal.&Or.C.P.bond8,69,g.,'92JAJ
Land grant M., 6s, g., 1890. AAO
West. Pacif., l8t, 6s, g., '99.. JAJ
Charl'teCol.AA.— Coiut.,78,'93.JAJ

2d mort.,

1910
JAJ
CUeraw A Darl.— Ist M..8s,'88.AAO
2d mort., 78
78,

A

•dies.
Ohio— Pur. money fd.,lS98
Series A, 1908
68, gold, ser.B.lut.def. 1908.
68, currency, int. def.. 1913.. JAJ

AAO
MAN

68.1911
Che8.0. AS.W.— M. 5-6a,
<7heahlre— (is. 1896-98
*

frloe uomiual

;

uo

104

Cumrierl.Vai.- lslM.,8s,1904.AAO

Dayton A Mich.— Consol. .58
JAJ
3d mort., 79, 1888, now 2d..AAO
Dayt. A West.— Ist M.,68, 1905.JA.1
1st mort., 78, 1905
JAJ

55

JUS'S
5100
108

102

60

65

8258

84

70
95
108

Chic.

A Gt.

AAO

79
100

East., Ist, 78, 93-'95.

Col.AInd. C.,l8tM.,78,1904.JAj'lll6
do
2d.M.7s,1904..MAN| 105
Un.A Logan8p.,l3t,7s,1905.AAO tll2'fl

A Tomah.—Scrip,

99^ 100 "a

A
A
112
63
C—
A
67
From't Elk'n&Mo.V.— 0s,1933AAO 110% 111%
Gal. Har. A 3. A.—
Ist, 68, g., 1910
FAA 103 104
UoUy W. M., 1st, 8a, 1901. JAJ
Ft. Madison
N.W., 1st 78, g., 1905
Ft. Worth
Donv.
1st, 69, 1921

Clilc.A3.W..l8t,78.giiar.,'99..MAN

Cin. A Chic. A. L., 1886-'90
Cliic.St.P.Min.AOiu.-Con. Os, 1930
Ch.St.P.A .Minn. l.st,68,1918.MAN
North Wise, Ist 63, 1930.. ..JAJ
St. PaulAS.City. lsl68,1919.AAO

'99. JAJ

Iqc. bonds," debt ecrts.", 78,AAO
Eastern Div., Ist, ««, 1912. .AAO
Ills. Div., Ist, Os. 1912
Cenflof N. J.— Ist .M,7a,1890.FAA

76%

101

iiii)rt

tidoii lofii
fioo
107
tiio
1119
Delaware- Mort.,68,guar.,'95.JAJ 114
Del. A Bound B'k— l8t.7s,1905FAA 132»j
Del. Lack. A W.— Couv.78,1892 JAD
ll»
P. du C. Div., l9t, 88, 1898. FAA
Mort. 7a. 1907
MAS 135
P. D., 2d M., 7 3-108, 1898 .FAA 12.th
Den.A Rio G.— lat, 7s, g.,1900.MAN 104 '8 ids"
129
l.st consol. mort., 7s, 1910
JAJ 55
8t. P. ACble., 7a, g., 1902. ...JAJ
56%
JAJ 117 Il7'«
General mort., 5s, 1913
La. C, l9t M., 78, 1893
AiO
18%
J.tJl
41% 42%
I. AM., lat.M., 73.1897
Denv.AR.
G.W.-l.st,
1911.
MAS
1181s
6s,
.
I'a. A Dak., Ist M., 78, 1399. JAJj 116
Denv.S.P.A Pac.— l6t,7s. 1905 MAN
75
Ha9t.ADak., Ist M.,7s,1910.JAJ 119 l-20l« D08 M. A Ft. D.— 1st, 63, 1905. JAJ "¥6
70
12s
23
Chic. A Mil., 1st M.,7s, 1903.JAJ
Incomss
do
2»
50
Ist mort., consol.. 78, 1905. JAJ 123>9
1st mort.. 6s, on extension
123
lD.it.AB.C.lst,8s.Bn.M.C.1902MAN 118
1st M., I. A n. Kxt., 78, 190SJAJ
12<r
113
Ist M.,6s, S'thwost D1V.1909JAJ 112
Det.G.HavenAMll.— Eqiiip.68,1918 •111 113
97««
Con.ltf., 5^till'84,after0;<..1918 :iii
l8t M., .58. La (J. A Dav.l919JA.I
113
112
JAJ
no's
80. Minn. 1st 69,1910
Det. L. A North.— Ist, 78, 1907. JAJ tl'20ia 121
Chic. A Pac. Dlv. 6s, 1910 ...JAJ 113
iDet. Mack. A M.— Ist. 68.1921. AAO
54
9718 973s
do West. Div., 58,1921. JAJ
Land grant, 3 iss, 1911
96
Mineral Pt. Div., 5s, 19lO...J.fe.I
Income, 1921
97'u
97
Chic. A L. Sup. Div., 58, 1921JAJ
Dub. A Dak.— lat .M., Os, 1919. JAJ
9614
Wis. A .Minn. Div., 5.9, 192 1 .. .JAJ
Dub.A S. City— Ist. 2d Div.,'94. JAJ 113
Termiiila58, 1914
JAJ 93 >4 93^9 Dunk. A. V. A P.— 1 8t.7s,g.. 1900J AD 105
110", East Penn.— latM.,7s, 1888. .MAS
Diibnriuo Dlv., Ist. 68, 1H20.JAJ 110
101
Wis. Val. Div., 1st, 6s, 1920. JAJ 100
E.Tenn.Va.A 6a.— lat, 78,1900 JAJ lie's
4314 48 \
Cbic.ANorthw.— S.f.,l8t,7s,'85FAA 103 14 103 >s
l8t mort., consol., Sa, 1930 ..JAJ
l.J9%
(3—
10 la lO's
Consol. mort., 79, 1915
Income, 68, 1931
FAA IO3I4
93
Divlaional, 5s, 1930
Exten. mort., 73, 1885
JAJ
"4
10312
FAA 103
E. Tenn.A Ga.,lst,6s,'83-86.JAJ
95
l8t mort., 78, 1885
131
95
Consol., gold, 78, cp., 1902. .JAD 130
E.Tenn.A Va..end.,6s, 1886. MAN
131
do
JAD
reg
Ala. Cent., Ist, 6s, 1918
do
JAJ 93
114
Sinking fund, 69, 1929
AAO
Eastern, Mass.— 6a, g.,1906. .MA.-i H22is 122%
5s, 1929
AAO lOHli
Sterling debs., 6s, g.. 1906. .MA.S ni8
do
122
debent., 5s,1933.MAN' lOlifl 101% Eliz. City A Nor.- 8.F. deb.,68. AAO
do
MA.V 100 Is 100%
Ist mort., 6s, 1920
2.5-yr8. deb. 5y, 19J9
MAS
84"9
Escan.AL.Sup., 1st, Os, 1901. JAJ 108
F, izab. Lex. A Big S.— 6a. 1902..MAS
EiiniraAW'mapt— 1st 68,19 10. JAJ 115
Des M.AMinn'8,l8t.78,1907.FAA 124
135
Iowa Mid., 1 St M., 88, 1900. AAO
AAO 103
58, perpetual
Peninsula. 1st, conv., 78,'98.MAS
Erie A Pittsb.- 2d, now ist.... JAJ 105
Chic. A Mil., Ist .M., 78, '98. .JAJ 123
Cons, mort,, 78, 1898
JAJ 111
Mil. A .Mad., l9t, 68, 1905. .M.AS. 115
Equipment. 7s, 1900
AAO 102
Madison Exr., Ist, 78. 19H.AAO'n27ia 1'28
Evansv. A Crawf.— Ist, 7n. '87. JAJ 100
Menominee Kst.,lst.7s,19I lJAD|i 126iii|127»5 Evans.A T.H.,lst oon.,6s,1921,JAJ 1051*;.:.;;:
Nortbwe.9t.Un..lst.7s, 1917.MASII
I'.28i4
Mf. Vernon— Ist, 68
AAO Okhl 96%
WlnonaASt.Pot.— lst,78,'87.JAJ 104 loo's Kvan9V.T.lI.AChl.— l8t, 78, g.MAN 102 \....T
do
2d M., 78, 1907. .MAnI 1261$
Fitchburit— 58, 1899
AAO I1101s|lll
Ott. C. F. A St. P., 58, 1909.. MAS 102 'i
AAO tin 118
53, 1900-01-02
CUIc.R.I.APac.— 68, 1917,ooup.JAJi
ism 6.9, 1897
AAO flI9Hil20
6s, 1917, rcg
JAJ
7a, 1894
AAO tl23 123%
Exten. Acol.Ss, 19,34
JAJ
103 is Flint A P. Marq.— M. 68, 1920. AAO

Chlc.St.L.APltt.— lst,58,1932

93 >«
9J
109

Certillcates of iiidebtedacss, 6a..

Cent.

99%

;

A

.

;

AAO

1904
1911
«s,

I

10713 ion

i

Bar.C.

Oamdon A

75

tlOl
1109
tlOO

!

WarrenA Fr'kln,lst.7«,'96F*A 103 >«
BaO.A .Southwest.— (is, 1908.. J.AJ

1921

70

1110

I

1

.5s,

10,1

60
74

'

113

3radf.i;id.ACiil>a— l.st.6«.1932JAJ

Ist,

103

I

BklynBatliAC.I.-l.st,68.1912.FAA
Brooklyn Elevatwl— Ist moilg

no

2d

1

New 58, 1899
Boston A M.nino— 78.

lll'9l......

122

A

1

JAJ ---•
AAO'tllS

116

98isl
Col. S-,iriiigf.AC.— lat. 78,1901. MA.8
Col.
.Konia— Ist M., 79,1.^90.MA8 1107
....7
Conn.
Passiimp.- M., 78, '93. A.tO IU8%'1I8
MassawippI, g., 6s, gold, '89 JAJ 1103
103^
Conn. Val.— lat .M., 58, 1922
10
18
Conn. West.— Ist M., 78, 1900. JAJ
15
Onnecting (Pliila.l— 1st, Os ..MAH
Consol. RK.orVt., Ist, Ss. 1913.JAJ
70
Cumberland Fonu.— Ist mort
101
lOi

;

I

Ist uiort., 78, giuir

A

OhloAW.Vn.,lat,8.r.,7a,1910.MAN

1

I

Boston&UiweU— 7»,'92

7s. g., '93. FAA
Gr.— 1st, Os, 1910. JAJ

Coi.

I

1

MAN

2d mort., 8s, 1026
AAO
Hock. Val. A Tol.-Consol. ,5s
Col.AIloek.V.— l8tM.,7s,'97,AAO
do
2d M., 7s, 1892.J.tJ
Col. ATolmlo— Ist mort. bonds ..
do
2d mort

1

I

120

lAl

aev.AM. Val.— 1st,

simr.. J&.)

.

(Is,

Belief. A liid. M., 78, 1899... JA.I
Clev. A Pitts.—-Ith ,M., Os, 1892.J.(iJ
Conaol. 8. F., 7s, 1900

FAA

11123

i3ia

JAJ

1914
1934

S. F.. 78,

Gen. con.

i

!

PmO.'.n

30

JAD

do iKt i.'iiaii:.(>ll,78.'9lAA(), 1191s 120
'-'
do 2d M. (;i(;.i).78, '98 JAJ
K.C'.Toju'kiiiW., iHt M.,7i<.K..I>V!.l I}'-'
iU2>«
do 2d i,'.iar.( ix-*) 78,'9-l. JAJ
liirmiie 7t*. AiVO 1112
il<»
1119^1120
OS
76
Clllc.A AtlimtiL— 1st, 08,l92O.MA^^
N'.Mi'X &So.Pac.,l)it.7«.l'.»0'.) AAO
'•

27
12

..MAN 100

man IJIU 121^
114^

11910.

8t.L.Ja<-k«'v..tr.,i«t.7H.'91.A.VO

Ask.

Bait. Short I,., 1st, 7s, 1900. .JA.I
Clov. CoL C. A r.— Ist, 7b, '90.
C;onBol. mort., 7s. 1914

»i|-,VA

,

Bid.

Wash.

Ineoiu" .5«. 1931
Scioto A Hock. V, l«t, 7s..

..I'.ll'J

ilo

'

A
•as. HI20
Floivnw.fc Kl nor'dii, l«t.7».A.'.

Railroad Bonds.

Ask.

Bid.

Cblc. A A1ton-l«t M.,7l, •93..J&.I
Aton.Ton.&a.Fc— l8t,7s,i?- 99.JftJi'12*'«;i25
Sterllnn niort. lis. i:.. TOO:).. J.V.I
L»n<li;riint,7«. K.. 1902... AAO|ll21'4ll2l\i'
,,„,.. ...-j, ••
i.M.tN
liils. Kiin.c. lii
J*"
Bliikinirfunil.ds, Ulll
I

Gimrmitcml

UONIM-Continubd.

of FIrat P«xa of Itaotatlpa*.

Railroad Bonds.

Aik.

Bid.

Railroad Bonds.

itoe

17

Chic.
Cliic.A

li»05

100
112

68,

68, 1919 .MAN
1932
Q—

90 '4

53

J.W 105

Georgia-78, 1883-90

JAJ

68, l''89

107

110

113

"io

iim

1900
Conaol., gold, Os, 1912
Cin. L 8t. L. A Cliic—Con.
2d mort.,

|....

26

78,

Gulf Col.

5
_
105
69, 1920 tl03i«
.
Cln.A Indiana, lat M.,7s.'92. JAD 106
do
2d .M..78,'87-92.JA.I tl03
:101 1103
Indianapolis (;. A L., 780f '97
1113
Ind'apolis A Cin., l9t,78,'88. AAO 1105
1031a!
loo's
1071s 108%: Cin. I.af.ACh.— lat, 79,g.,1901. MAS IllOis
35'
Cln. Northern.- l8t. 69, gold, 1920,
110>s
98
100
Cln. Rich. AChic— 1st, 78, '95. JAJ 1107
105
Cin. Kich. A F. W.— Ist, 78, g...J,tD 1108
112
102
Cin. Sand'ky A CI.— Os, 1900. .FAA 102" 103
107
.MA.s,il03
lOJ
78, 1887 extended
101
Consol. mort., 78, 1890
JAD 1105 '8 106
56oaei 61
Cin.ASp.-79, ('.( '.<;.A t., 1901.AAO
,

2d, 6a,

I

!

1

I

AAO
Cln. Waahlngtoii A Bait.—
lat M., guar, 4»9»-68, 1931. MAV
7s, guar., L.S.A M.S.. 1901..

11

2d mort...5s. 1931
t

Purohaser

Etlso

J,tj

57

pays accrued interest

•^7%

13
105

Han. A St. Jo.- Con. 6s, 191 1 MA!:?
Housatonio— 1st M.,78, 1885. FAA
Uo'at.E.AW. Tex.— l8t,78,'98.MAN
2d, 63, 1913
JAJ

iV8'"lii8%

a.A Tex.Ceu— 1.9t ra.,7s,gnar.l891

1,0-y

West. Dlv., Ist, 78, g., 1891. ..lAJ
W., Ist, 7s, g.,1903.JAJ
Cons, mort., 88, 191'2
AAO

}85
{86

Waco A N.

Waco AN.,

8s,

93-

A 73
60

97%
.87

•••

1915

1

37
112
FAA 115
2d mort., 79, g., 1895
Cons. 3d M. 59. 1S95
AAO 81% 85'
III. Cent.— 1st M.ChicA Spr.'98J.tj! 114
Middle Dlv. reg.

99% 100%

70
I

AAO
Gen. mort. 69, 1921
aunt. A Br. Top-lst, 78, '90. .AAO

1

I

A 8. Fe— lat, 78,1909 JAJ 102%
1923
AAO
. .

1

I

li

20
AAO.
86
1911. FAA
64
70
JAJ no8ia'l09

AAO

Gal.Hous. A Ilcn.— lst,58,
1211s 123
121
[119

99%

I

llli»;112

late transaotlous.

MAN

Georgia Pacillo-lst, 68, 1922. JAJ
96%
2d mort
1061a
lOSis Gr.Raii. A Ind.— Ist, l.g., g'd, 78, g. 118
Cln. Ham. ADayt.— Consol. 5s AAO tlOl
Consol. mort., 7s, 1905
AAO 120
Ist .M.,78, l.g., gold, not guar. AAO I! 13
68, 1905
do
Ex land grant, 1st 73, '99
104
AAO no's
Cin. H. A I., 1st M.,78, 19O3.JAJill0'2
Gr.B'yW.ASt.P.— l9t,68,1911.F.*A
65
Cin. 4 Ea9tcrn— l9t, 7», 1896 JAJ
60
2d, incomoa, 1911

W.Iud.—S.fd.

General mort.,

105
97%|
97%|

'2d mort.. 78, 1905
J.fcD
West. Div. Ist, 58, 1931....
do
2d, 68, 1931... JAJ

1121s
122

59,

1921.

..

FAA: lOB

Sterling, 8. F., 58, g., 1903.. AAOi 107

111.9

•I*

116

•iferlinir. <ren. M..'!s.s.. iat>5.
t

la Londoa.

A.VO

^CoupoB

MJ

MJ

J

3

.
.

THE CHRONICLE,

18

[Vol, xli.

GENERAL QUOTATION'S OP STOCKS AND BONDS—Continued.
For Bxplaoatlons See Notes
Bid.

Kailroad Bonds.
llnois

109
J&E .,„_
tl07
125
....
J&D Ho 125
MAN 120 125
J*D 109>£

68, 1907
I'fn, 7s. 1897

Tpr.
68, 1951, gold

102
Mien, ten., 2d mort., 88
N.O .Tack.*Ot.N.,l«t,8s,'86J&J tl03>s
2dM.,88,'!)0,ctfs.A&( fl03
do
2d mort. debt.... A&C 108
do

ltta.Bl.<tt'W.— l8t. pf.,78,
1st mort., .V6, 1909
2d mort., 5-6, 1909

A&O
A&C
Income, 1921
East.Dlv, 1st mort. 68,1921. J&D
income
do
Ind. Dec. &Si).— l8t, 7s, 1906. A&C

73
57
20
72
86

£8

18

J&.1

funded

l8t,

Ind'polls& St.L.— l8t,7s,1919.Var 1111
Ind'ftpoUs&Vln.— l8t,78,1908.F<fe/ till

2a morf..

l6t, 68, 1924..... J&J

75

iucomes

83

Mil.

& Gt,Ni)rtli.— l8t,08,1919.M&^ 107

9811

nils 112

A&O

1

C—

107

104

110

107
125ia

132

M&S

2d mort.

8s,

1899

121
121
1081a

M&.''

Northern, Cal.— Ist 6s, 1907. .J&J
North'n Cent— 2dmort,6s, 85.J&J

3d mort, 68,1900
Con. mort., 68,

g.,

102%.

A&O 121
IISH
A&O H7ia

coup., 1900.J&J

Gs,g., reg., 1900
Mort bds., 58, 1926, series
do
series B

A J&J

IOSI3

107%

Mo. Dlv.
1.

6s,

M&N UOl

1919
1921

g., 1st 6s,
g., lat, 68.

J&J 102

10214

1.
reg
J&J lei's
Norw'h&Worc'r— l8tIvf;.6s.'97.J&J tll7 119

Oi!d'n8b'g&L.Cb.— lstM.68,'97,J&J 103 IO3I4
Sinking fund, 88,1890
M&S 1102 IO219
ConsoK ,68, 1920
A&O tSO SOI9
14is 15>«
Income, 38&6sl920
68
Ohio Cent.— lst,mort.,68,1920, J&J
70
2is
Incomes, 1 920
1

MAS

Coup.68, 1909

New loan, 6s, reg., 1905

Atk

(106
1123

Noithcast.,8.C.— l8t M.,88,'99,M&S

Gen'l
Geu'l

123

1st M., Iowa City& W., 1909.J&D
J&J
661s 67 »s
2d mort, 78.1891
Soutliwcst.Ext.,lst,7s,1910.J&D
lonla&LaiiBing— l8t8s,'89. ..J&J tl09i4 110
Pacittc Ext., Ist, 68, 1921..
loura CltyA West.— 1 8t,78,1909M&8
1st, 78,'fl9A&0 1 120i< 120% Mi88.& Teun.— Ist M., Ss.series "A"
r» Falls & Sioux
90
J&J
Jefferson— Hawl'y Br. 7s, '67.. J&J
88, series " B"
J&J 93 100
Mo.K. &T.-Cons.a88.. 1904-6.F&A
1st mort., 78, 1889
114
J&D
Consolidated 68, 1920
Jeft. Mad.& Ind.— l8t, 78,1 906. A&Ol* 1 1
J&D
Consolidated 58, 1920
2d mort., 7b, 1910
J&J, 1115 116
Junction (Pljn.)—lat,4S!-s 1907 J&J
iBt, 68, g 1899, (U. P. S. Br.)J&J
A&C
2d mort., 68, 1900
A&O
2d mort., income, 1911
Kan. C. riini'n & 8]lrinKfl^ Id— 1 s,5s 991* 100
Boonov'o B'ge,7s,guar,1906.M&N
Int.

100

Bid.

Norfolk & Wesi'n- (Contln'd)
South Side, 3d M.. 6s,'86-'90.J&J
Va.& Tenn.. 4th M., 8s. 1900. J&J
do
extended 58,1 900.J&J
North Caroltna^M.. 88. 1888. M&N
North Penn.— 2d, 78, 1896. ...M&N
Gen. mort, 7s, 1903
J&J

Con. mort, 8tg. 6a, g., 1904... J&J
117
102%
Northern, N.J.— Ist M., 6s, '88. J&J tlOO
102
IfOifl North. Pac. P. D'ODiv.— 6s,M&8. tiCOis 101

& No.— 1st, 68, 1910.... J&D
J&D
Ist, 68, 1884 1913
Minn. & St. L.— Ist M., 1927.. J&D

114

ino

68, K.,Kuar.,1900.Mife>

90
45

M1I.L.S.&W.— lstM.,68.1921.M&N
Micb. Dlv.,

1st mort. 6s,

120

Joliet & N.Inrl..l8t,7s (guar.M.C.)
Micb. & Obio-lst, 6s, 1923 ..M&N
Midd. Un. & Wat. Gap— Ist mort..
2d mort. P8. quar. N.Y. S. & W. .

Bailroad Bonds.

Ask.

J.L.&Sag.NorthExt.,8s.'90.M&N
Cons.l6tM.,88,'91.M&8 (11714 ii7i3
do
M&S (103
68,1891
do

Trust Co. cert

New

Bid.

M&S
reg.,1931
Kalania7.oc&S.H.,lst,8s,'90.M&N (108% 109

J&J

2d mort.. OB, 1911
2d mort.. Income, 1906

Fase of (^notations.

58,

no's

1900JAJ

First

14% 161s
Mexican Nat.— Ist, 68, 1912 ..A&O
Micblgan Central.M&N 12412 125
Consol., 78, 1902
M&N 107
Consol. 5s, 1902
IstM. on Air Lino, 88, 1890. J&J 1110% 111
110
Air Line, 1st M., 88, guar. ..M&N (109
Gd. Rlv. v., Ist 88, guar.,'86.J&J 11021s 1031s
M&S
6s. 1909
M&S
58, coup., 1931

Cblo.St. I..&N.O.— l*tcon.7e,'97

2d mort

Head of

Kailroad Bonds.

Ask.

„

Central— (Continued)
1905

Bterllnif, 5s.

at

105
118
83

120

108% 110

,

741s

73

60 '8
1031s

61

60

68

IstTer'l Trust, 6s, 1920

J&J

Mineral Div., inc. 7s. 1921
River Div., 1st, 6s, 1022 ....M&S
1%
do
income, 6s, 1922
Ohio&Miss.— Cona. 8.F.7e,'98.J&J 115
119
Cons, molt., 7s, '98
J&J

120
A&O
110
Han.&C. Mo.,lst7s, g.,'90.M&N 105
2d mort., 78, 1911
Pleas, nill & DeSoto, lat, 78, 1907 tlO-is 109
J&D' 70
Mo.Pac— lstmort.,6e,gld,'88, F&A 107 10738 iBt gen 58,«1932
771a
Kansas C. Lawr. & So. Ist, Ob. 1900 tlOSk 110
M&N 100 Is 100% lstniort.,8pringf.Div., 1905 M&N
Consol. 6s, 1920
90
K.C.8tJoB.&C.B.-M. 78,1907. J&J 1121 122
J&J 1081s 111
Ohio Southern— 1st 68, 1921. ..J&D
87
2d mort., 7s, 1891
K.C.Spr.A Mem.— 1 st,68, 1 923.M&K
22
2d income, 6b, 1921
Car. B., l8t mort., 6s, g. '93..A&0 t
Kentucky Central— 6b. 1911. ..J&J 103% 10312
M&N 110
F&A (12114 1211a
3d mortgage, 7e, 1906
Old Colony— 6b, 1897
Stauiiud -Is, 1911
J&J
Income, 78, 1892
M&S
J&I) (llSHi 119
6s, 1895
Keokuk&DcBM.— l8t.5s,Knar.A&0 108>s
48
M&S (I2;<i4 123%
Mobile & O.— Ist i>ref debentures.
7s, 1894
LErie & West'u- l8l,6s,1919.F&A
70
2212
4ia8, 1897
2d pref debentures
J&D 10714 10719
Income, 78. 1899
14
Bost.C.&Fitchb ,l6t,78,'89-90J&J 1111% 1121a
3d pref. debentures
Sandusky Dlv., 68, 1919 .. ..F&i'
4th pref. debentures
B. C. F. & N. B., 58, 1910 ..J&J 114% 115
do
income. 1920...
New mortgage, 6s, 1927
J&D 104
N. Bedford RR., 7s, 1894 ..J&J 120
lAf.Bl.& Mun.,l8t, 6s,1919.M&>
Collateral trust 6s, 1892 ....J&J
Equipment, 6s, 1885
F&A 1100 ibo'ii
do
Inccme, 78, 1899
Isl extension 68, 1927
Q—
Framigham& Lowell, 1st, 5s, '91 (1041fl 106
I«ke Shore & Micb. So.—
95
Morg'n'sLa.&Tex.,l8t,es,1920J&J
70
Oreg.&Cal.— Istes, 192]
J&J 168
OleTe. & Tol.,2d M.,7s,1886.A&C
103%
1st mort., 78, 1918
A&O 103
2d mort ., 73
114
CI. P. &A8h.,new7s, 1892. .A&(
67
141
69
Morris & Essex— 1st, 78, 1914 M&N 140
Oregon&TrauBCont.— 6s,1922M&N
Bull.& E., new bds, M.,7s,'98.A&(
liO
2d mort, 7s, 1891...^
F&A 11538 117H Osw.&Romo— IstM., 78. 1915. M&N 120
Buff. & State L., 7s, 1686. ...J&.i
Bonds, 78, 1900
1241s Panama— Sterl'gM., 78. g. '97. A&O !111
113
J&J
I>et.Mon.& Tol.,lst,78,1900.F&A
ijgia 101
General mort., 78, 1901
A&O 124
Sinking fund sub., 68, 1910. M&N
Kalamazoo Al.&Gr.R.,l8t,8s.J&J 10812 109
JlOO
CoDBoL mort., 78, 1915
J&D 124i< 12514 Subsidy bonds, Eng. issue, 68
103
Kal.& Scboolcraft, Ist, 88.'87.J&J
Nashua & Low.— 6s, g., 1893. F&A nils 1121i Paris&Dee't'r- lstM.,78,g.,'92.J&J
40
Kal.& Wb. Pigeon,lst,7s,'90..J&J
107
108
58,1900
Penna.— Gen.M.,68,cp., 1910Q— J 129 130
Dividend bonds, 78. 1899. ..A&O 122
Nashv.Ch.& St.L.— Ist, 78,1913 J&J 120
130
Gen'l mort, 6s, reg., 1910.. A&O 129
L.B.&M.8.,con8yCp.,l6t,78.J&J 126
2d mort, 6s, 1901
J&J
Cons, mort, 68, reg., 1905. .Q—
121
do con8.,reg.,l8t,7s,1900.Q— J 125
Ist, Tenn. & Pac, 68, 1917.. .J&J
do
68. coup., 1905. .J&lJ
121
do «on8.,cp.,2d,7s,lt)03..J&D 113
l8t, McM. M. W.&A.,6s,1917.J&J I...
Collateral trust, 412S, 1913. .J&U
do cons.,reg.,2d, 78,1903. J&D
112% Nashv.&Decat'r.— l8t,7s,1900.J&J t
Conaol. 58, 1919
J&D 107
•wrence— 1st mort., 7s,1895.F&A
Natchez Jack. & Col.— Ist, 7s. 1910
Penn. Co., Os, reg., 1907
O.— 108
Leiiigb Val.— lsl,6s,coup., '98. J&D 122
Newark & N. Y.— Ist, 78, 1887.J.tJ 104
do
99% IOOI4
1st M,4ia8, lf)21."J&J
let mort., 6e, reg., 1898
J&D 122>a 123 New'kS'set&S.- Ist. 78, g.. '89. M&N 100
Penn.& N.Y.Can.- 1st. 78, '96. J&D
123
2d mort., 78, 1910
M&f1371s N'burgh&N.Y.— 1st M. 7s,188S.J&J
90 100
1st mort., 7e, 1906
J&D
Gen. M., 8. f., 68, g., 1923... .J&D 125
New Jersey & N. Y.— 1st mort
100
Pensacola & Atlantio-lst m..M&S
761a
L. MLam!— Renewal 58,1912. .M&N tl06
[N. J.Soiithcni— 1st M.,new 68. J&J
90
Peoria Dec.&Ev.— l8t,6e,1920,J&J
85
t..BocK& Ft.S.— l8t,l.gr.,7s'95.J&J 108 10814 N.Y. & Can.-£ M., 68, g., 1904.M&N
21
tll2
114
Incomes, 1920
Long Island- 1st M., 78, 1898.M&N 121
85"
INew York Cer, & Hud.—
Evan6villeDiv.,lst 68,1920.M&S
Istconsdl. 58, 1931
108
Q—
Debt cert., ext. OS
M&N 1051s
do
income, 1920...
Bomb Side, Ist, 78, 1S87
M&s tl01>a 1021$ Mort, 78, coup., 1903
Peo.& PeklnUn.— lst.6s.l921.Q-F 102ii
J&J 133%
Hewtown & Fl., lat, 78, 1891..
93
I33I4 134
9II3
Mort, 76, reg., 1903
Perkiomen—
J&J
Ist
M.,
6s, 1887. .A&O
L.I.City& Flusliing-lst,t!8,19li
ibo"
Debenture 5s, 1904
M&S 101 124'
Cons. mort.. 6s, 1913, sterling ... ;70
80
l<)u'v.C.& Lex.— l6t,78,'97 J&J(ei) 115
116
Sterlingmort, 6s, g., 1903.. .J&J 1122
Petersburg
-Class
A,
1926
991s
...J&J
, 2d mcrt., 78, 1907
A&O 108 109
New York CentralClas^B, 1926
A&O 1.2
93
I^nlsville & Nasbville.es, 1887
Phila. & Erie-2d M., 78, 1888. J&J 110
.T&D lOJls
Cons. Ist. 7s, lb98
A&O 121
N.Y.Chlo.& StL.— lbt6s,1921.J&D
76
Gen. M.. guar., 68, g., 1920. .J&J (121 123
Cecilian Br., 78, 1907
M&S 95
2d 6s, 1923
M&S
8unburv&Erie, 1st M.,7a,'97.A&0
Ix>ul8ville loan, Os, '8(>-'87..A&0 102
N.Y.City& No.-Gen'I,68,19lbM&N
381s 39% Phlla.& Read'g— Ist 68, 1910 .J&J
Leb.-Knoxv. 68, 1931
M&8
100
Trust Co. receipts
391*
78, '93
2d.
38's
A&O II8I4 11S3&
Louis. Clu. & Lex., Ob, 1931. M&N 100
N. Y. Elevated.- 1st M., iboe. J&J 1201a 121
Debenture 08,1893
J&J
Mem.& 0.,8tl., M.,7e, g.,lH01 J&li :i)8 120 N.
Y. & Grcenw'd L.— 1st M. ino. 6b
14
Consol.M.
78.191
reg.&
cp.
J&D 12(1 !« I2II9
1
M.&tlarhRv..at'g,6e,g.,iy02 F&A [110
112
2d mortgage income
2
Consol. mort., 68, 1911
IvS
J&D
». O. & Mobile. Ist Us, 1930. J&J
943a
N.Y.&Harlein— 7s,coup.,l 900.M&N 138
Improvement mort., 68, '97.A&0 .•94
96
2^,08, 1930... J&J
^ do
78
N.Y. Laoli.& W.— Ist.Os, 1921. J&J 1211s 122ifl
Gen'l mort., 68, 1908
J&J
72
PensBcola Div.,l8t,6B,ly20..M&8
91
2rd, 5b, guar.. 1923
101
F&A
Convertible, 7a, 1893
J&J 20
Bt Loulg Div.. in, Us, 1921 .M&S 104
N.Y. L E.& W.— l8t78.'97.ext.M&N vii
Cms.
Ist series
58,
M&N
do
2d.,3s..l980.JI&8
.
46 1«
2d mort. exten., 5b, 1919 ...M&S 109
Cons. 58, 2d series
F&A 17' I8I9
Bash. & Dec., Ist 78, 1900. ..J&j
120
3d mort ox. 4148, 1923
M&S 1051s
Conv. adj. scrip, 1888
J&J
E. H. &N.,l8t68, 1919
41
J&D i'o7%
4tb
mort.,
ext,
5s,
1920..
A&O
Scrip
for
Ja
1091s
6
deferred
coupons
Gen'lmort.,6s, 1930
J&D 98 >4 'g'ais 5tb mort, 78,1888....
106 14 lOOiji
J&D
Deferred income.
Bo. & No. Ala., 8. F., (Is, 1910 A&O
91
iBtoons. M., 78, g., 1920
M&S II5I2
Income mort., cons. 78, '96, J&l)
41
1st mort,, siiikuig fund, 88 ..
New 2d cons. Ob, 1909. .
J&D 48%
Coal& I., gaar.,7s,'92,ex-cp.M&S
Trust oiKla, 68,1922
Q—
9514
Collateral
Tr.
6b,
1922
M&N
Phila.
Wil. & Bait— 68, 1892.. A&O (108
Ten.foi ty Ub. 1 9:^4
110
ffl&N
81»f 821s
Ist com. fund coup.,78,1926 M&S
68, 1900
A&O 115 117
I.iV.N.A.&Cbic.-l8t.ti8,1910. J&J
87
91
2d cor a. f 'd cp., 58,1 969
J&D
58, 1910
Gen.mon. 6b, 1914
J&D (10614 106%
a&O
Reorganlzat'n Ist lien, 68, 1908
Trust certs., 48, 1921
U>l8T.N.0.&Tex.-let,8s,1934M&8
J&J 98
99
90*4 90
Gold iocomo bonds, Us, I977
Pitt8li.Bradf.& B.— l8t,6Bl911A&0
iUtaiBCent.-Mort.7s, 1898... J&J 1110 121 14
70
Lonp Dock mort, 78, 1893.. J&D II4I4
Pittab.C.& StL.— l8t,7s,1900.F&A 119
112
N.Y.* X.Eng.-lst M., 78, 1905J&J 117
2d mort., 78, 1913
_0on8. 78, 1912
A&O
A&O tl22is
Istioort., 68, 1903
J&J 107
Pittsb.Cl.&ToI.— l.«t, 6e, 1922 A&O 1051s 106%
Alidro8cog.&Ken.,08, 1891.F&A (106 1231s
107%
2d
mort.,
68,
1902
F&A
70
80
Plttab.&Con'Usv.— l8tM.7s,'98.J&J 125
126
» Lteds & Farm'gt'n. Os, 1901.J&J H08
110
N.
Y.
N.
H.
& H.lgt r. 48,i"963.J&D
111
Forth A K..Cnn8. M., 6». 'OS.A&O
Sterling cons.
112
N.Y.Pa.* 0.— 1st, inc.,acc.78, 1903 J2214 23ifl Plttsb.FtW. & M., 6s, g., guar.J&J 1125 127
Mu^Beacb luip ,llm.,7B. 1900.M&S 110
C.-lst78,1912 Var 1371a
77
do
prior
lien,lnc.ac.,5-68,'95 {90
102
'••'•AMan. Beach. l8t78.'07,J&J
2d mort., 78, 1912
J&J 133
2d mort. luc
lbrq'tteHo.& 0.-Mar.&0.,8s, '9v; ('mi* 113
:41s
3d mort, 7s, 1912
51s
A&O 130i»
Sdmort.Inc
6S.1908
3
Pittsb. McK.& Y.— lst,68,1032.J&J
J2
80
...MAS 98 100
L'sexl L. rental tr'8t'73,tnis.'oer.78
63
Pittab. & West— 1st mort
^6., 1923. new
6jia
J4D 871^ 87 1« West. ext.
certifs, 8b, 1876 J&J
jao
40
Ilem.AL.K'ck-l8tmnrt.,Ra. 1907 105
Portl'nd&Ogb'g— l8tOs,g.,1900J&J
95
Mempb.A. (liarl.-lat,7»,1916J&J 114 ibo' K v » ''° . n, •* « '''• Kiif- Erie }30
40
Vt. div., IstM., 6a,g., 1891. .M&N
25
N.Y.Prov.&B'n-Gen.78,
2d Biort., 7a, extended
1899.J&J
Port Royal & Aug.— 1st, 68, '99. J&J 101
105
J&j
US
N.Y. 8UB11. & W.- iBt. 68, 1911. J&J '5S""
l«t i( n«il. 7», 191f.
Income mort., 6s, 1899
30
J&J
J4J
103
Debentures
«b
1897..
lBt.<(.i,» .•retin.llcn,7B,1916JAJ
p&A 57
Ren.&S'toga— 1st 78,1921 cou.M&N 140
109
MIdI'd of N. J.-l8t,(;s,19l6'.A&0
8.S%
li'''^— l»t.6», 1908. J&J 110
1st, 78, 1921, reg
M&N 140
n?".'"'
2d6B. IfOii
* ""ff-Se- 1931. J&J 33 3p
Rlch'd&AUegh— lst,78, 1920. J&J 64
S-^;.?'."^',^MAN
\nO'^ 101
36
Norfk&W.-Uen'l M.,6s.l931M&N 861s 88
Hfxlcao Ceuu— Jat, 7»',"i9li'..JAJ
2d
mort, da. 1916
M&N
«37
39
New
River
lut
68,
1932
iBoomea
A*0 93
Rieh'd & Danv.— Con.,68,'90..M&>j 105
708
7%
1051a
Debwitnre 10a, ISDO^iji.V.V'AftO
113
General mort, Os, 1915
J&J 99%
70
7011
South Side, Va.,l8t,88,'84-'90.J&J (104
Brrln in». "mo
i
»
Debenture, 6s, 1927
A&O 66 14 "66 ^i
do
MM.. 6b.'«4-'0O.J.<.J lino
Piedmont Br.. 8s. 1888. ... A&O lOHis
*Price nouinul: DO Ute traoMotloiia.
t Paroliaier also pays accrued
interest
i In Iioadou.
} Coaiian off.

K.C.Ft.Scott&G— lst,'s,1908J&r 1119

,

.

.

1

I

I
I

,

.

.

.

I

.

.

.

.

,

.

July

.

THE CHRONICLE.

4, in88.]

AND BONDS—Co-vtinobd.

GB^rERAL QUOTATIONS OP STOCKS
Vor Bxplanatlona a«« Notes

J*J
Mort.Tn. IHSl-lM)
Rich. A I'ct.'rHti., 8(».'84-'80...A&O

Now

MAN

7», 1!»15

iiii>rt..

Rlohiiioiid

IIS
120

A Putoniao— 6B,oxt.J&J 109

York Ulv.

A.

Ches., Ss..

118

.Hurt., 7a,

B».

I'ltts.. l8t,

1921...F*A

do

00

Bomo\V.ifn.tO.-«.l''.,78,18«l.J&U

J&J

2d

1922....AAO

108 >9 110
101)

75'

30%
105
79

Riitliin.i-lm .M., (is, 1<)02....M&N 1104
H'.VrA
Eaillpincnt, 2d luort., .'is
St. Joaeph A Pun.— l8t,T8,1906.J&.I 113
inort.. 78, 190iJ
Kiui8. A. Neb., lat, 7g,

Bellev.A-rt.m.,lst,8.F.88,'9fi.A&0

Mt.-lst,7a,'92,FAA

I.

MAN

7«, (f., Is97
Br. 1. nr., M., 7a, «., •gs.JAIJ

Ark.
Cairo Ark.

A r.,l8t,78.K.,'97.JAI)

113

ll.'iij

108
U>4

OairoAFul.,l8t,I.K.,78,K..'91.JAJ
Gen. cou. r'y A 1. «.. 58,1931AAO

Bt.

Pierre

(J. it

O. 1st,

FAA

(is

Equipment

I

JAI)
1895
JAJ aiH
tj.s. 1931
FAA
Trust bond", (is. 1920
MAS
Bt r,. W. it \V., t!s, 1919
8t.L.Vand.AT.H.-l8tM.,78,'97.JAJ 117
2dnii)rt.,7s, 1898
MAN 98lie 102
114
MAN 11
2d. 7fl.Kiiiir. '98
78.
Geiicriil iiiorr..

,

1931. FAA
Bt.P.Miiiii.A Mai).— l8t 78,1909 JAJ

A

Bt. P.

Oiiliitli— Ist. 5e.
.

47 «

FAA

109

AAO

riO

2d mort., 78. ext. 1893, ex. .MAN
Equipment 78, 1883
MAN
J.tD
Chic. Div.,
JAJ
1910 gold
Havana Dlv., 69, 1910
J Aj

87>i

110>« 112

68

.'•.a.

Tol. P. A W.'Ht., lat 7s, 1917. ..Q
MA.^
Iowa Dlv., Oa, 1921
Indianap. Dlv., 6s, 197,1 ....JAD
Detroit Div.. 6», 1921
JAJ

72

Q-F
FAA 02
FAA 104

MAN

88

MAN
A Tol., Ist, 7a.'90
A Naples, lat, '7s. '88 MAN
Ul.A8.Ia..lat, 69. 1912.... FAA
BCLK.O. A N, (r.e8t.A K.).78.MA8
O'ney

.

72
95
100

.

nan.

do

90

Concord
Concord

JAJ 103
Ist mort.. 6e, 1890
JAJ
End., 2d mort., 6s, 1893
JAJ
2d mort., nror., Os, 1895
JAJ
2d, end. Wash. Co., 68, 1890 JAJ
(is,

1900

Cent.- 1st sor., 5s, 1909
2d series, 7a, lfl09. If earned ....
Wis. Vallev— l9t,7a. 1909
JAJ

76%

33
123
101
SV ore'r A Na.ihiia— ."is, '93-'95
Var.
Nash. ARocii.. euar.,58,'94.AA0 101

At. A Gulf, cons. 78, 1897.
JAJ
lat mortKatte, 7s
JAI
1114
. .
B.Qa.A Fla.. Ist M. 78, 1899,
6i
f-Uifli
Boloto V'ul.— lat, 7«. Hink'g fd.JAJ
AAO
2d mort ,7s, sink'g fd
41
Consul. 79, 1910
JAJ
50
Bbenandnau Val. l8r.78.l909.JAJ
Par.
General mort., 68, 1921
AAO 24%
Ala. Gt. South.— Llm., A., 68,pref..
Lira., B, com
Blonx ('. A Pac, Ist M., 68.'98.JAJ lOHs 105
07 -y
Sodus BayA Ho.- lst,.^s,g.,192^JAJ
Ala. N. O. A Pac., Ac. pref
do
def...
do
Bo. Carolina— lat M., 68,1920. -AAO 104 '8 105 12
2duiort.. 6a, 1931
Albany A Susnueh., Guar., 7. ..100
JAJ
26
Income 63, 193 1
Allegheny Valley
50
Atchlaun Col. A I'acltlo
Bo. Cen. (N.Y.)— Consul, mort., 5s..
97 14 Atchison TopcUa A Santa F0..IOO
BaPacCal.- l3t,6a,K.,1905-12 AAO 97
Bo. Pac..Ariz.-lai,«e.l90910.JAJ
Atlanta A Charlotte Air Line
92
100
Bo. Pac. N.
--ist, 68. 1911 .JAJ
Atlantic A P;iclllc
Boatbwpstern(Ga.)— Con v.,78, 1880
vugusta A Savan nah, leased ... 100

MAN

77
37
t.!5

UAILROAD STOCKS.

171a
12

65=8
71I3

M

Bnmmit Br.— 1st, 78, 1903
JAJ 108% 110
Banb.lIaz.AW-B.— l8t,5s,1928MAN lOl^t
2d inort., Os. 1938
MAN 93
100 102
Bngp.IS.AKrieJunc- l8tM.,7a
Brr.Binit.AN.Y.- conaol.78,'06AAO
Tex. Cent. -lst,8lt.rrt.,78,1909MAN
Igt mort., 7a, 1911
MAN

Texas

A New Orleans-l8t,78.FAA
liiv., lat, 69, 1912. ..MAS
A Pac— lat, 68, k.1905 MAS

Bablue

Texas

Oonaol. mort., 69, xold,

190.").

JAU

and land gr., reg., 1915. July
lSt<KloOr. Dlv.), 68. 1930.. FAA
du
ex .\usr. coup.
Gen'l murt.A tfrin'l ria,lso.")AAO
N.O.Piic, l8r.6a.Kold, 1»20..,'A.I
Texas A8t. Louis— l8t,6a,1910JAD
Inc.

Land

A

Mo.

grant, liu'omes, 1920
Ark. Div., 1st. 6».... 1911
A 8t. Loulg— l8t mort.. ..

TOl. Ciu.

571s

Boat. Con.

7914

79,

1887-9

Blnk. F.,89, 1893

Reg.

8.4,

AAO
MAS

mas!
'96.AAO

1893

Cm.

Kridgr, sterl.Ss.K.,
Collateral trust, 6e, 1908 ....JAJ

80

;

12
91

A Western

2

65%
72

I

fs

Camden A

2%

100
Leased Hue, 4 p. 0.100
do
Indiana Bloomiugton A Wcst'n 100
Indian. Decatur A Sp., com...

174
135
126

lOU'ij

Central Iowa

123

do
do

1st pref

2dpref

Central Massacha^etts

do
II2I4

no late transactions.

IO9I2

99
92 14
8813

Cheshire, pref

177
13
92
4

A

A

Sioux City

100
50
50
100
100
.. lOo

Prof.,

30
3Jia

41

54

56

t

Maine Central
Manchester A Lawrence
Manhattan Beach Co

10

9

10

Marq. Houghton
do

111

12

38%
49
3014

12

3%
7%

Ist pref. ..100

4

A Ont

Pref

Cliarleston
.Metropolitan Elevated
.Mexleau Cent ral

10(
1(X-

100

100
l(Ki

1% Mexican

2.°^

100
100

National

pref
do
39
Michigan Central
lOo
49% Michigan A Ohio
Pref
du
31
Midland of New Jersey
15
100
Mil. Lake Shore A West
do
Pref....l0<
4ial
do
10<
Milwaukee A Northern
5(
Mine HiU A S. H, lea.9ed
121a

10*.
A St. ImmIb
Pr©ft..llH
do
lOi
Kanaas A Texas

Minneapolis

do
.Missouri

t

4
75

100
60

00

2''8

3>«
31*

4%

.

I

50
93

94

41
32
lo5

108

50>a

47
US'* 116
llHi

x71

12i«
711*

12

10
41*

3
7
1261:

1264
9

60
80

64

34% 35
21

25

I'O

106
1841a 185
*14
14
93 14 95 >•
17
ig
44
51

34

36

1'23

lu London.

i C^uotatloiu

per share.

lOi
lOt'
5i

7\

7»B

2
5
50

3
10

13

i

126>4 1261a MLssmiri Pacitlo
Mobile A Ohio
Illinois
(Chicago A Eiiat
.Morris A Eaaex, guar., 7
li
Chicago A Grand Trunk
,.Sa9hv. Chat. A 8t. LouU
71i« 7158 Sashiia A Ix)well
Chicago Milwaukee A St. Paul. 100
do
Pref.. 7.100 1071a 108 •« I.Vowbur.; Dutehoss A Coou
interest.

100

Memphis A

20
12

2d pref.... 100
100
100

Purohaaer also j^xyi accrued

guar

A Chlo. 100

321a Manhatti.n R'y, consolidated ..IOC
8>«

4%

31a
1>4

.

,

113

100

A

9m

4

88
90
A
129 131
61
63
Kans. City Springf.A Mciuphis
65
Kan. City Clinton A Sprlngf'ld. 100
Ken tucky ('eutral
100
lOo
Keokuk A Dea Moines
Itx)
do
Pref
2
3"4
Lake Erie A Western
100
53
Lake Shore A -Mich. So
100
57i«
,50
Lehigh Valley
i9
30
Little Rock A Port Smith
100
145 >•
Little Miami, leased, 8 guar.. .. 50 145
59
5(i
Little Schuylkill, leased, 7
751a 701*
Long Island
50
Louisiana A -Mo. Eiv., Cora
100

5<)

Pref... 100

Ind'p's, lea.sed..l00
Joliet
Chicago, guar.. 7
100
Kansas City Ft. Scott Gulf. . 100
do
do
pref.. 100
Jeft'v. M.id.

Chicago A
Chicago A .\tlantio
Chicago Burlington A Qulucy..l00
Chicago A Canada Suutnem
Alton

112
91
45

prof. 1(X>

Central of Now Jersey
Central Ohio
Pref
do
Central Paclflo
Charlotte Col. A Aug....
Chesapeake A Ohio, common

do
do

do

do
Iowa Falls

Louisville A NashvlUe
Louisville New Albany
301$ Macon A .\ugusta

50
.50

100
100
50
50
50
100
100
100
100
100
100

50|j
Pref... 50 S

do

do

Atlantic

120 >« 122
1'20
;i'20

A Bruad Top

Huntingdon
do

California PiK'illo

do
Pref
Canada Southern
Canadian Pacific
Catawisaa
Ist pref
do
2d pref
do
Cedar Falls A .Minnesota
Central of Georgia

JAD 105%

Price nominal

Boston Hoosac Tun.
Kostou A I.rf)well

3

100 112 11-.; 13
1166
181
lioaton A Maine
100 180
3818 Boston A N. Y. Air-Line, pref
36
93
93
36
65
Huston A Providence
100 178 179
5138 51% Boston Uovere Beach A Lynn.. 100 xlll 113
47
;iO
Brooklyn Elevated., new
53
60
10
Brooklyn AMoutauk
100
IS
35
do
Pref
100
lis
5
Erie,
leased
Buff. N. Y. A
100
17i« Buffalo N. Y. A Philadelphia
10
1%
1»8
21*
do
do
Pref...
60
Burlington C. Kapida A North.-lOO
18
20
Cairo A Vincennes, pref

do Deny. Div., 68
.MAN 108 la
do lstcon8.M.,6s,1919MAN
98%
Oregon Short- L., 68, 19'22 .. FAA 92
Utah Cen.— l8tM.,6H, g., 1890. JAJ
95
Utah 80., gen. M. 78, 1909... JAJ
do oxten8'n.l8t,78,l?l09JAJ
ntioa A Bl'k K.— Mort., 78, '91. JAJ 110
Vermont A Massuchusotts.—
Gaarantei-d 59, 190J
MAN lll>a
VIcksb. A Mor.— New lat mort
2d mort
3d mort.. Income
Va. Midland- Ist 8er.,08, 1900. MAS ll.'i
2d series, Os. 1911
MAS 111
'19
3d •..rl.-H. -Vein. lOlU
M.VS'
'

A

Montreal., new.. .100
Pref., 6. ..100
do

do

5s, 1907....JAD
Kans. Pac., 1st, 6s, 1895. ...FAA
do Ist M., 68, 1896

Baltimore

1311a

Georgia Pacilic
Georgia Railroad A Bank'gCo.lOO 140
Grand ItapidsA Indiana
Grand River Valley, giiar., 3.. 100
Green Bay Winona A St. Paul. .100
(to
Pref
100
Harrlsburg P. Mt. J. A L., guar., 7.50
Houston A Texas Central
lOOi, 20
nilnoig Central

60

Income
ToLDel'sA B.— lat main, 6s. 1910
1% 214
do main line, lie, 6s. 1910
do lat Dayton div.,68, 1910
do Day. Div., luc, 68, 1910
Ist terminal trust, 68, 1910
Onlted Co'sN.J.—Cons.,68,'94.AAO
BterUng mort., 68, 1894
MAS (112 114
do
6s, 1901
MAS tl21 1-23
Cam. A Arab., mort.. 6a. '89.MAN 109 110
Onion Paollle-lst.(is,g.,'96-'99JAJ li:f-'^ 114

Land Grant,

6l»

100
A Ohio
l8tpref.,6....1O0
do
122
2d, pref
do
Washington Brancn
100 IMO
Parkeraburg Branch
100
Boston A Albany
100 1761b

108

81a,

5
It

105% 106

Xl42

.

J.feJ

(Visconsin

117

J

50

A

do
Pref., guar., 8.6(1
Delaware A Bound Brook
100
Delaware Lack. A Western
50
Denver A New Orleans
Denver A Rio Grande
100
Denver A Rio Grande Western
Des Moines A Fort Dodge
do
do
Pref..
Det. Lansing A Northern, com 100
do
do
Pref. 100
Dubuque A Sioux City
100
East Tennessee Virginia A Ga.lOO
Pref.
do
do
100
Eastern (Mass.)
100
Eastern in N. H
Eel River
100
50
ElmlraA WlUiamsport, 5
do
Pref., 7. .50
Erie A Pittsburg, guar., 7
50
EvanavlUe A Terre Haute
50
Fitchburg
100
Flint A Pere Marquette
do
do
Pref
Fort Wayne A Jackson
do
Pref
do
Fort Worth A Denver C
100
Gal V. Harrlsb. A San Antouio

End., lat, 63, 1890

3d, end.,

Pref.. ..100

Port8muuth,guar.,7 lOO X112 115
7818 80
Connecticut A P.iaaumpsio
100
Connecticut River
100 xl66 167
6>o. 700.
Cunnotton V.iUey
50
10
Danbiiry A Norwalk
50
60
3is..50
Dayton A Michigan, guar.,

Vestem Maryland-

Bavannau Florida

. . .

73'

JAJ

Cairo Dlv.. 5a, 1931
Dona. mort.. 7a, 1907.con
1st. 8t.L. dlv..vs, 1889
Gt. West., Ill.,lst.78,'88
do
2d, 78, '93..

iVest'nPenn.- l.at M., 68, '93. .AAO 108
Pitts. Br.. Ist M.. Os, '96
TAJ HO
Wheeling A L.Erie- Ist, 68, g., 1910
112
Wllm.Colunibia A Augusta, 68
Wil.A WelUoii— S. F., 78, g., '96. JAI 116

114
100

01

"28

2d«8, 1909
AAO 114 115
Dak. Ext..«s. 1910
MAN 113>8 115
Ist cousol. 68. 1933
JAJ 109 110
Minn's U'n, lot. 68, 1922 ....JAJ
BandUBkv Mausf.A N.— l«t, 78,1902 tll.^ifl

A West.—

50
10614

do Om.Dlv.,l8t78.1919.AAO
do Clur. Br.,68, 1919..FAA
do No. Mu., l8t, 1895... JA.1 i'09»» 111
80
106k
do St. CUa's iirtdga 69, VM^
73
Wab. Fund. 1907- Var. 78. FAA
FAA
do
Various 6s
Varren (N.J.)— 2d, 7s. 1900 .AAO lisia
V. Jersey A At. 1st M.,68l910.MASi 106 >«
96"^ Vest Jersey -lat, (is, 1890
JAI 116
104
l8t mort., 78, 1899
AAO 125
Consul, mort., lis, 1909
AAO
West'u Ala.— 1st M., 88, '88.. .AAO 1071a \0i
9II3
AAO llOia 112
2d mort.. 8s, guar., '90

108

70
Louis A San Fraiiclseo—
MAN
2d uiorr.. cliiss A. I'JOG
MAN
SdM., class B, 1906
MAN
do olassC, 1906
Boutb PuilHc— 1st M, 1888 .J&J 103 "a

99>«

Qidney Mo.A P.,l8(,6s,(CJar.l909

45
J&l 43
190«..J&J 1U6 109
43
45
do
2d,78, 1000 ..J&J
Bt.UAlt.<kT.H.— l8t M..78, 94.J&J U5>a
2d iiiort.. iir.>f.. 78. 1894 .... F&A 109i»
a9i»
MAK
2d Incoiuo, 7s, 1894
21
Dlv. bonda, 1894

2d

8t.Loul8&
2d mort.,

exi., 7», '90, ex.

«ak.

03
1 00
A North Westim
do
Pref., 7.. 100 l'J7a
CIiloikKO Kock Island A Pao....lOO Hi
O'a
100
CUIo.St. LouU A Pitts
do
100
pref
31
Chlo. St. P. Minn. A Om., com. .100
71
do
pref.. 100
30
Chicago A West MIoblrran
100
95
Cln. Hamilton A Dayton
100
xlUO
do
Pref.
Cln. Indlnnap. Ht. ry>uls A ChlclOO
Cincinnati A MlKord
15
100
Cincinnati N. O. A Tex. Pan
0»*
50
Cln. Sandusky A Cleveland
52
do
Pref., 0..'M)
1
lOO
Cln. Washington A Bait
%
prof.. 100
do
20H,
Clev. Col. Cln. A Indianapolis.. 100
.50
Clev. A Pittsburgh, guar., 7
Col. Chic. A Indiana Central... 100
50 148
Colnmbiis A Xonla. guar., 8
10
100
Col. Hock. Val. AT(d
100 "36'
Columbia A Greenville

54

MAS

1S79-1909

BhI

Railroad Stock*.

Ask.

Chloago

Gen.. 6a, IU20

4.^

hicoinn. 1021

luort., 7», 181)2
Coiisol., Inlcx. 58,
lucoiun 7h. l!»32

\0i

JAD

Consol. lat.Oo, l!»2a

Bid.

P>«a of l^aotatlona.

—

WAbash- Ist.

100

FIrat

Virginia Midi >nd-(Contluued)
MAS
4Si8ertea, 3-1 n>, 1921

Sth series, .'is. 102G
(Doomes. cuuiultttlve

'Id inort., lis

Roch.,V

Read of

Railroad Btociu.

Ask.

Bid.

Railroad Bonds.
Rich, Krixl.

Bt

197:

$39
12
271*
1739

13
29

93!>a

951^1

17%
9

7
122

124

39
lOc 149% ISO
2-'

1

381s

Coupon

off.

'

..
. . .

.

J

. .. .

.

5

;

.

THE CHRONICLE.

zO

[Vol.

XU.

GENERAL QUOTATION'S OF STOCKS AND BONDS— Continued.
For Bsplanatloas See Notes at Head of Plrat Page of Ctuotatlona.

UH.

STOCK!*.

iDel.

rVlNTlSUKD.
Pref.

Ponthorn.
M. Iiand.& Nortli'moO 831)8
83%
M.T.Oi>rit.& H.Kiv.lOO
I'e
».Y.CIiic.&8i.L...l"0
4>«
Pref.lOO
do
190
:lf. Y. A Harlem ....50 xl90

Penu.— 68.

Jf.Y.I.&W.,cii;ir.5.100

Schuylkill

19 >4

Bonds, 1st 6s

Postal Tel. A Cable Co
So. Tel., 1st mort. b'da
South'u A Atlantic. 25

100
121% Western Union
78, 1900, M. AN...
85

84

coup., 1910

TEI,BPHONE

Nav.—

IS

l8tM.,6a, 1897.Q-M
2d M., 6s, 1907.. JAJ

I'jag

Mort. 6s,op.,'95J&J

107
75
65

STOCKS.

American Bell ....100
Amor. .Speaking. ..100
C'olomliia A Pan. ..100

68,imp.,cp.,'80MAN

7
71

I'ref.

A Oliio
Pref.
do
BI.Y. Prov. * Best. 100
.ir.Y. Sunq. & Western.
Pref.
do
.-.V. West Shore & B.

68,btAear,1913MAN
78,bt&car,1915MAN
Susq.— 63,cp.,1918JA.I

T. P«nn.

Coniinental.
Currier Tel. Bell

50

Dollieir

78, coup., 1902.. JAJ

2

2k CANAI, STOCKS.

&«£

6'«
3I4

2

A

Kast Tennessee
Erie

75%

Hud8ou....l00

Del.
Del. Dlv. leased, 8. .50

15

com 100

Lehigh Navigation. 50
i5i« .Morris, guar., 4
15
100
pref. 100
do
65
64%
13
do pf;,guar.l0..100
(fo. Peniu<ylvania..50
eiiii! Pennsylvania
b2
50
Mortliom Co ii t ral . .
50
SohuylkiU Nav
Nortli'D N. Haiup.lOO 118% 119
1658
lt.14
do pref.50|
do
Kartli'n Pac, com 100
39 14 Susquehanna
39
50
Pref. 100
do
Korw. A Worcester. 100 163 >3 165

.-atocf.& West,,

Postal Telegraph. .100

109i« 110
1191s

68,g.,cp.&rg..'97JAD 117i«
Cou8.M.,1911 78J&D 134i«

9<«

is

138

Conv 6s,g.rg.'94M&S II312II4

e8% 90

M.Y.L.ErlocV West.lOO
Prof. 100
do
W.Y. AN.Eiislaiul.lOO
K.Y.N. H.& lUrtf.lOO
H.Y. Out. 4i\Ve8t..l&0

do

117
136

41*8, 1914. .....Q—
BR. 6s, reg., '97.Q-F

Mew Jersej'

tr.

A&O

1st Pa.D.cp.,7s,MA8
Leliiah Navigatlon-

I

A U

OUoAMiss

100
Pref. 100

do

OreeonA

100

Calif.... 100

Pref. ..100
do
Oregon Short Lne...
Oregon Trans-Cont . .

Oswetco

A Syr.,

guar.

100
Pftnama
PMUisylvania KR. .50
Fttasaoola

A

Atlantic.

Dec A EV..100

Peoria

100
Petcrslxirg
50
Phila. AKrio
Pblla. A Reading. .50
do
Pref. ...50
Fhila. WiLm.A Balt.50
.

Pitta. Cin. A St. L..50
Cou., reed.50
Pitts.
Pref....
do
Pitts. Ft. W. A C.,(niar.7

A

A

niSC'L,L,AIVEOi;S

A Alleg.. stock

AP.,com.lOO

49
70

Guar. 7.100
do 6

I3i
115

Bauk Note Co.
119" Aspinwall Land
10
Boston Land
10
40
Boston Water Power
.Vmer.

131

13H
IVii

e».

L.Van.

>.*<.Pbu1

a

A

1'.

H

DuIuth.lOO

•24

Pref.lOO

80

d*

'

80

let prcf.lOO

flLP.MIn-n. A Man. 100
fcioto Valley...

do

Guar. .100
100

/auutta Carolina

Bo.

A Mo. Alabama.

>»»«««., Oa.,
•Byr. IMng.

K'll,

A

7.

8c.

}196

•VtM Maas..l'8ed.e.l00 132%
Vlctmb.

A Meridian

do

pref.

1

U

APao.lOO

Bulwer

100

i%

10

•or.

•60

55

60
15
40
60

7.'>

25
65
80

21,

American
American

ISM
2J

;

Tel. A Cable
Itapid.
Pacltio st'k

Bonils, "9,

11

DryDk.E.B.A Battery

Scrip 6s, 1914

25
3

Hou.st.W.St.APav. F'y
1st mort., 78, 1891..
Second A ven ue
Ist mort., 58,1910..

25
5

Cimsol. 78, 1»88
Sixth Avenue
l»t mort., 78, 1890..

22% 30

Preferred
Franklin

A Delaware-

Gold

Third Avenue
1st mort., 7s, 1890..

Twenty-Third St
Ist mort., 7e, 1893..

73
13

nAS STOCKS.

5

20

A

I

514 jJamaica Pl'n.MasslOO

lOJ

|;Lawrence, Mass. ..100
I'Lowell

100
Lynn, Mass., G.L.. 100
IMald. A Melrose. ..100
I

Stock

Bonds
Harlem Dist. TeL Co
Manhattan Tclegi-ii ph

late tnuisaotloiia.

Chelsea, Mass
100
Dorchester. Mass .100

80

t

.

25
75
96

33
82

i

101

Brooklyn, L.
i

1
25
Brooklvn.20
Metropoluan, B'klyn.

Purchaser also paya aoorued lateroat.

"

•"03

•90

1-50

•60
1-05
1-75

Chollar
Consol. PaeiHc

Dunkin
Eureka Consol

100
100
100

30

100

200
•51

•46

123
.1.

100

Father DeSmct ..100
Gold Stripe
itoodshaw
100
Gould A Curry S..100
10
Green Mountain
Hale A Norcross. .103
00
Independenoe
Iron Silver
20
10
lAcrosse
10
tend ville Consol
Little Chief
50

350j 4-50

•58
8-25'.

110
210

105
•08

A Silv.lOO

l'.i0

100
10
100

1-05

Raiipahanock
1
10
Ked Elephant
Robinson Consol.. 50
3ierraNevada
100
Silver Clifr
50

•00

,

Ophir
Potosi

Spring Valley

1

standard
Union Consol

100
100

BOSTON

l-2i

95
100
130
128
170
92

95

I'iS

83
95
{

1C2
1.50 1«

97
101
132
1.30

175

92%
97
130
103
130
85
97

•10

03
55
175

140
130
57i«c

64
!«

6O0.

6%

2
1711s 172
I71SO. 200.
7
6i4
20c.

400.

914

3Uis

37"

50c.

6O0.

410
100
1850

HO

975
100

.

42

130

IfllNlNG

25
24 14
25
112
11314 Bruiiaw'k Antimony.
220 250
Calumet A Hccia...25
1071s 1091a Oatalpa Silver
10
230
25
Central
20 ^ 210
50
Copper Falls
108 112
Franklin
25
lOS 175
Huron
25
105 112
Minnesota
25
162
167
National
25
150 162
Osceola
25
iU 118 Pewabic
25
112 l.il
25
CJuincy
121 123
Kidge
25
133 136
25
Silver Islet
110 116
MLANDFACT'INO
202 210
STOCKS
114 1181s Am. Linen (Fall' Riv.)
lot 105
Amory
(N. II.)
100
240 265
Araoskeag (N.H.) 1000
ll'o
108
Androscog'n (Me.). 100
245 250
Appleton (Mass.). 1000
112 117
Atlantic (Mass.). ..100
110 150
Barnaby
(Fall Riv.)...
111 II3I3 Barnard Mfg. (F. R.)
190 193
100
Bates
(Me.)
IO6I9 1071s
IO6I2 107 13 Boott Cot. (Mass.) 1000
Border City Mfc. (F.R.)
293 300
Boston Co.(.Mas8.)1000
110 115
Bo8ton Belting.... 100
290 233
Boat. Duck (Ma8S.)700
111
113
Chaee (Fall Riv.) .100
:ilO
220
Chieopee(Ma88.) ..100
112 114
Cooheco (N.H.).. ..500

730
33

•09
•45
'35
•85

1-60

100

STOCKS.^

Newton A Wat'n ..100 128
Salem. Mass
100 10 i

iCitizcus',

1^80
•45

lOlj

H

Ulouez
251s Ulantio

Gas
41
Boston Gaslight... 500 725
East Boston
31
25
South Boston
100 95
Brookline, Mass... 100 100
Cambridge, Mass.. 100 150

26
63

1

Co
100
25

107
200

Bait. Consal.

23
59

.

Tol.

A

Grand St. F'y..
Ist mort., 7a, 1893..

42d

70

Commercial

1898

1st M., oon.sol.78, '93
Scrii)6s, 1014

Ist mortgage
Receivorrt' certs

A Merch'ts.lOO

General mortgage..
I3ii Baltimore A Ohio
.
22
Cent. A So. Am. Cable

^ANAI, BONIM.
Clkeaa4i.

r

.

Ist mort., Os, 1922..
Central Pk.N A E.Riv
Consol. M., 78, 1902.
Christopher A 1 0th St.

Eighth Avenue

45

Bank's

6i

81

* Prtoe nominal nn

10

A

.Atlantic

1

lat mart., 6«. '86 JAJ
Ch«».AO.—6«, "TO.q.-J

BushwiokAv. (Bklyn.)
Central Crosstown . .

]

Wilkeab. Coal..

Araer. Dist. Tel... 100

124

Pti. Div.—8«. '08.JAJ

l3t mort., 73, 18-;8..

i

TEI.'PH STOCKS
AND BONDS.

U9M

_ terAMashua. 100
<«»«f

'Brooklyn Crosstown..

,„

loO 138 140
American
100
94
95
United States
100 51!s 63
Wells, Fargo A Co.lOO 10"
112

Waalflh. A Pliila.,pf.50
Weat Jcnwiy
50 H3i«
WsM Jeme)' A Atlantic

Western Maryland.
WIL Oolnmbla A Aug
WHm. A Woldon,7.100
VUeoualn Central
Pref.
^ do

j

98

43ifl

Consol. California. lOf
Chrysolite
50

Mexican G.

350
475

Ist mort., 7s, 1881..
48'8
1161s Broailw.iy (Bklyn.)
Briioklvn City
94
Istniort., 58, 1902..
43

45

1-50

.Vavalo ...

495
100 330
100 465

Broadway A 7th Av..

72

1021«

1^40

Little Pi t.ts

105
130
114

91s Bleei-l<erSt-A Fult.F'y
224 1st mort.. 78. 1900..

220

62

100 120
110

& BR'KLYN
HOKSE BUS.

72
64
390

1

N.Y.

Adams

133

3
7

_ do Pref.lOO
Warf'n(NJ.),rB"d,7.50

t

A

EXPRESS ST'CKS

Tloclnia Midland, com.

WW». 8U

6

Pennsylvania Coal. 50
Quicksilver Min'g.lOO
10c.
do
pref.
197

2

.

25c.

STOCKS, N.\,

buH 50%

100
100

85

15c.

Mahoning Coal A RR.
I2is 12% Marip'8aL.AM.Call00
do
pref. 100
85
95
Maryland Coal
100
Now
Central
Coal
IIJ4 11%
Ontario 811. Min'g.lOO

N. Y.lOO

MJ.RRAC. Co.lOO

'UtaJi Central

Bodle

100
100

40

100 31 i
Tr.25 390
100 101

Union
United States

COAL & miMNG

Leh.

100

Tinas A St. L. In Texas
do
in Mo.A Ark.
ToLCIn. ASt. Louis ..
lO.

Hampshire Laud 25

.V.Y.A Tex.Ld.,Lim. 50
Land scrip
No. Riv., cons. 100 p.c.

.

<aTOimitBranch,Pa..50
Torre H. A Ind'uap.50
TiBxaa AN.O
100
Tvaa A Pacillo ... 100

(DotaaPaolHc

100

Belle Isle

135

"60

Crown Point

Metropolitan
N. Y. Guar. A tnrt..l00
N. Y. Life A Trust. 100

iifl

x82

Cent.Arizona .Miu.lOO
Colorado Coal A 1. 100
Consol.Coalof Md.lOO
Homestake Min'g.lOO

eab'd A KoanokelOO
'

1

2.'i

.Mercantile

4%
10

A

Long Island

97

95
175

Oregon Improvement.
221s
214 Oregon Ry.&N.Co.lOO
7i
1914 Pacific Mail 88. Co.lOO
48=8l
lois Pullm'n Palace CarlOO 1151s
22
St.Louis B'dge.lst pref ;92
2d pref. certillcates. {41
IBiji 3t. Louis Tunnel RR.
193
31
5t. Louis Transfer Co.
60
82
Stand. Water Meter. . 171SC.
Sutro Tunnel
10
Union St'k Yds ATr.Co ^V6

93H 99

Farmers' Loan

2»8

I

P/ef....lOO

do

2%

Cin.H.AD.,i)Oi>lct.,gu
Cev. A Cin. Bridge, pf.

S.

I

16

ASan Fr.lOO

d<i
.

85
21

5
Brooklyn trust
51? Central

3

S.E.Mtg.Secur.(Bost.

•16
2
19

A

4%
8 14

Brookline (MaS8.)L'd5
CantOH Co. (Balt.l.lOO

Keeley Motor...
Maverick Laud

"2% 3'

do Prof., 7. .100
Jo(^t^ph
Western
I.aiil.4

51

83

J<t.I>jatsAJt.AT.II.100
do
Pref. 100

THITST ro.?S
STOCKS, N.Y.
Am. Loan A Trust. 100

STOCKS.

-19

Biehmoiid York K. A C.
BaebeHt«r& Pitts. 100
BfOateW. AOj,'d...lO0
Bnliand
100

'•t.

Bassick
Becbtel

96
140

•07

Caledonia B.

•03

00
10

'34

Pi-oplrs (N. E.)

II9

1

Barcelona

Peoples

BONDS.

133'e

iKIehinond A P'b'g.lOO
Bteb. A West Point

•c

.»IlSC»I.I.ANEOtIS

Montana
Amie
AJta

34'

.

(debrunnd ADauv.lOO,

do
do

Alice

11

.

Rk-li.

"ih

I

38
*ort«.at.F.A Cou.lOi.,
Pro". A Worc'stor.lOO xl29
Kena. A Saratoga. 100
Jttloh. F.

25

1100
Bait. Gas Light 68
Southern Bell
lGanton(Balt.)— £G8.B.. 103's
Mort. 0s,g.,1904 JAJ 1041s ioiU' Southern N. EuglaTid.
IS
-71a
10
Tropical
117
eud.,68.
Un.
RR.lst,
1591-2 HO
.*5
do 2(1,end. 6s,g.MAN "69' 126 "iW- 1 Telegr. A Tcle.lO
6
70
Iron—
lst,68
EI.KCTKIC
Col.CoalA
:i2
13
lOli-j Lie lir STOCKS.
Cov.ACin.Bge. 5s,3-5y
MAS
1021s 'Baxter
la^l 5s, 5 years
13
Maripo.'<a— 7s, '86 . .
Klanchard Eleo. Light
100
Or. Imp. Company—
Bru.sh
77
Ist, 68 1910, J.&D
4638
Bnish Illiuninat'glOO
110
Electric
Light
Oreg.R.
A
N.
Ist.Os.JAJ
Cousol.
i.
Daft
91s Debeuture 7s, 1837. 103
PuUm'n Palace Car—
Edison
3d series, 88,'87FAA
Ellison Illuminating.
(Id
8s,'92FAA
4th
do
Ellison Isolated
14
13
Deb'nt're,7s,'88AAO
Swan Inc«nde^<cent..
Stlg, 78,g..l885 AAO
Sawjcr-Mann lU. Co
63
xu2
St. L. Bridge A Tun
United States
10
123
1st. 7e,g.. 1929. AAO n2i
United States III. Co.

7
Western..
.Pdrt-Saoo APorts.lsd 6 xll7
,Port ECoyal A Augusta

.PltMlmrg

64

N. Y. State Overland.

15%

14't

54

COI.DA:SII.VEK
raiNING STOCKS^
(N. Y. A SAN. FRAN.)

j

1 00

onto Southern
Old Colony

91s!
si

[

"33'

New England
Now Y'ork A N. J
NewY'ork A Penu

h

I

Cliamp.li'f'
100
ufilo Central

.

57

.Mevicaii Central.

Molecular

125 128
82
83
152 155
23
130 i'35
XHOls 181
32
140
HO
75
85
90

People's, Brooklyn 10
Williamsb'g, B'klyn 50
701s Charlest'u,S.C.,Gas.25
....J.
Chicago G.A Coke. 100
8I4
8% Cincinnati G. A Coke .
Is
Hartford, Ct., O. L..25
1914 [Jersey C.A Hobok'n 20
17
55
£5
People's, Jersey C
6(il8 (Loui.sville G. L
60
116% Central of N.Y
50 60
95
Consolidated, N. Y.lOO
135
Equitable. N. Y
.Mutual of N.Y. ...100 133
201 202
69
N. Orleans G.L. ..100
62
Portland, Me., G. L.50
St.Louis G. L
.50
LacleiJo, St. Louis. 100 Sioiis
0arondcIet.3t.I.rf>uis 50
421s
54
San Francisco G. L
42%
Wash'ton
City
Q.
L.20
2214

"'i'

Mexican

Ask.

Bid.

[Nassau, Brooklyn ..25

"

Inter-Continental
.M etnipolitan

.

0«d.

100

Huason Elver

.

.">(

.

130

Globe

77

Miscellaneous.

Ask.

Bid.

100 115
Mexican
100
Mutual Union
"53
N. Y. Mutual Un. TeL
Mutual Union 68

116

.MAN

Coui>. 78. 1894.

pf.

itew Jersey cteM.Y..

do

AH.—

Istext., 1891.

i

& C,

'H«<rti. Datuli.

7s. '91. JAJ

Miscellaneous.

Ask

Bid.

MlSCELLAKEOUS.

Ask.

Bid.

iUtUtOAD BTOCKB.

117
1435
90
970
150
300
114
500

175
100 tt
1860
112

980
100 14

95
80
120
1450
95
980
I5014

i50

70
116
505
8

ColiiusCo. (Conn.). .10
Continental Me.). 100

7
671s

Cres't Mills (F. R.) 100
Crystal Spr. B1.(F.R.).
Davol Mills (F. R.) 100

35

40'

,HiU(Me)

60

65

,

70
60

90
85
Dougl's Axe (MassllOO
Dwight (Mass.). ..500 550 555
69
Everett (.Ma.s8.)...100
68
Fall Riv. IronW. .100
F.R. Machine Co. .100
F. R. Merino Co.. .100
Flint Mills (F. R.) 100
521s 60
93
Franklin (Me.)
90
100
Gl'beY.Mills(F.R.)100
,Granitc(F.R.)....1000
58
Great Falls (N. H.)100 57
'Hamilton (Mass.) 1000 710 715
185
Hartf. Carpet (Ct.)100 175

In London.

{

100

Quotation per share.

5

July

..

THE CHRONICLE.

1888.]

4,

»

21

OENKRAL QUOTATIONS OK STOCKS AND BOND»— Coxcluded.
For
Mining Stwks.

Bia.

Hnlyokn W. Power. lOOl
Jnrksrm IS. fTl li«>'*'

liW

I

Bask stocks.

A«k.

103".

120

iTOlers'
I'remont

I4'2»
lM),\

.'

I

Nat

i

.h

.

ih'

.

Union
Wa.shliiKlou
Woliater

I.

TUkk Stocks,

Bid. lA«k.

100 111
lOo
II
100
100 10
Mo
100
100 i:ii)
100 107 ii' 107

k

K
I

Paxe of (tnotatlou*.

Bt|>laiiaCli>n« Meo Notes at Kaail of PIrat

SO
100
JtTr.-.lOO
501

Man lifts.. 100
50

in

100,
100' 140

Brooklyn,
•.(Mil

100

I,

M
M

\Mt.l

«,»

1(H)'

I''.

M

!'.

K)

lOO'
liissllOOO 1315

*l

M-

R.» .1(10
I.iss.l.lOO,

170

N

l'.K,)UX)l
I.I....SOO!

44&

173
75
450

N

\|:l,'(.l.)lOil

OJ

05

70
400

71
125
1475
1025

M
N

niwa.)375j
>• ^
I

Fuel lie

i.M.i.H.s.)...100()

{M<M

PcilIHTl'U

.iOO

Pocii*,mit (F. K.)..

100

Rloli.Bonl'iK

100;

(••.!{.)

U.'iO

1020

lOO'
8t«m>:il(FallKlv.) 100
BtiirKJIillalN.H.ilOOO; 020
Teciiiu.'inli (F. R.). lOOi

85
930
£0

(F. K.)100'
WilUm'tto Liiien((3t)26

(Me.)

BANK

FariTjors'..100

Fanners' B'k of Md.30
Fanuera'ik Mercli..40
Fariiier9'&Planter9'25
Flrat Nat. of Bait.. 100

Franklin
60
Gen., an American

Howard

Boaton.
Atlantic
Atlaa

Blackstone
Bo.^lon Nat
BoyNton
Broadway
Bunker HiU

Central
City

O'J

100 145

11
1

Nat... 100 2(50

100 200

iiai

23S

140
Leather
Nutional ...100
75
'Mereliant.s' Nat.. .100 360
Sat. B'kiif Illlnols.lOO 147»»
.•<ortliwestern Nat. 100 600
Union National
100 150
Un.Stock Y'da Nat. 100; 200 1215
illiiU' juiil

Cincinnati.
Citizen.s'

National

Commercial Bank

117

Fourth National
Ocniian National

175

131

.Merchants' National..
Metropolitan Nat

Vo'

.Vat.

S)5
103
Second National
146
1'20>«
Third National
Union Nat
1021s 110
Western German Bank •200 225

CJueen CJiiy National..

45
805

3;-.

Hartford.
^tnaNat
100 110

American Nat
Charter Oak Nat

50,

100
100
100
100
100
100
100
lOo

Commerce

Comniiinwealtb ...100
Continental
100

Ea«lc
Eliot

100
100

Everett

IOC

Excbange

lOo!

Faucnil Hall
Firat National

100
100
Ward
100
Fourth National.. 100
FIrHt

Freein.iU8'

lOO!

Globe
100
Hamilton
lOo'
Hide & I.oatlier...lO0
Hov..ird
100
Llni-oln

loo[
Manufacturers'.. .lOOi
MitiUi-t
100
Mill l<.t(BrlBht<>n). 100
Ma-^:ii liiisutts
250j
M.n. ri.-k
lOol

Meieliandlso
MerehantH'
Motropol itau

100

Monniuent
Mt. Vernon
New EnKland

100
100

100
1 (Ki

lOoi

8 liuvuuit

»0
100

75

96"

20

ISO

25

155-

London, Ens.

16
Commercial Union. £5
5'^
Guardian
.50
Imperial Fire
25 152
Lancashire F.

&

4%

L. .25

London Ass. Corp. 12 is

& Lond. «Si.Globe.2

Liv.

North'nFire&Life..5
North Brit. & Mer. 8%
Queen Fire & Life.. .1
Royal Insurance
3

61

225
215

24««.

40

42

2

82
126' 125
102»« 104>s

.'

Home

'24

luO

Hope
Lafayette
Merchants' Mutual
Mechanics' & Traders'
New Orleans Ins. Asb'n
New Orleans Ins. Co .

28
105

Sun Mutual

72
110
26
36
23
12s

Teutonia

130.

60

. .

105
23
31

People's

I

2H

64

Germania
Hibernia

28%

SO^al 31>«

Firemen's

. .

&^

47

23 13
2b '2

and Traders'.

Factors'

IT
61
156

45

PfeiT Orleans.
Crescent .Mutual

13514 ISO's

1

1

I

1

I

.

I

'

I

.

;

I

ij.

I

100. 175
10(i
10(1

90

1<KI

Steam Boiler

I

I

;

117
'>0'i

...100

East River
Eleventh Ward

'25

Fir.st

I

Fifth

.National

Avenue

.

.

112

30 10
100 850

I

161

Gallatin National ...50
lOd
1171s (4arlleld

125

German American. .'73

101

Price nominal; no late tnuuaotions.

;

Fire
.5
Maryland Fire
10
Meriliaiits' .Mutual. 50
.National Fire
10

;U0

100
100

i8:>

1(0

Howard

155
25 ;lio

(Jorii Exelianij'e

Fourth National.
Fulton

{

8 ioe& Leather

Aft

180

loo 237 23a
102
ll>5
100 203 270
100 125 127 >•
68
100
70
100 165 170
50 871* go

.«tna Fire
Connecticut
Hartford
National
Orient
Pboenlx

'

Nortli
100
North America.. ..100
Old H"»ton
ijOu
(id
no]
Pe..i,l,-'a
100 l.->9 160
Ked-iiiptlon
100 11419 llo
Ke.i'l 'lie
133
100 13.:
R-vere
IOC 123 123l<
R'lkl.md
100
B.'r-,,i,,l Nat
100| l.Mi« 152

'lly.

210
95

Hartford, Conn.

60
40
75

I

(So. B.)100i

lOti

Washington
Western

275
130
106

84
85
75
85
61
69
20
112
H2>s
Manufact'r'rs'Nat.lOO
100 130 145
12(i
125
123
Mechanics' Nut. ...100 123
fcO
City
70
100
138 140
32
Merchants' Nat
Connecticut River 50
45
50
54
5(>
56
Nat. B'k Commerce. .50
Far. & Meoh. Nat. 100 100
105
120 125
Nat.U'k
Gcriiiant'u..50
First Nat
100 101 105
175
1311s Hartford N.at
Nat.B'kN.Liliertiea50 170
180 170
100
101
105
135
Nat. B'k Republic. .100 130
.Mercantile Nat
100 95 lOl
121
100 "4 loo's National Exchange 50
National Security. 100 120
631s 73
ii"*
70
71
Penn
National
50
/
Phoenix Nat
100 136
33>s
100
State
10
102 [People's
100
12
208
210
Philadelphia
Nat.
.100
United States
100^ 180
134
Second Nat
100 1-20 123
I.oulsvllle.
122
Seventh Nat
100 li)5 110
B'nk
112 115
of
Commerce
115
21
Sixth Nat
100 112
Bank of KciituckylOO 151 1.52
Southwark Nat
50 1'20 125
Bank of LonlsvillelOO' 78
80
104
Spring G.irden
100 102 105
Citizens' National. KKi, 120
121
83
80
Third Nat
100 110 115
1'22
City Nat
lOOi 120
80
oO
UnlonNat
50 75
Falls City TobaccolOOl
96
97
Western Nat
50
Farmers' of Ky ...1(K)| 107 112
112 115
WestPhihulelphia.lOO
147»8 Fanners' & Drov..lOO' 101
147
102
Portland, me.
:i9>s L20
First Nat
100 133 160
54
Cumberland Nat.. .40 52
lO-J
107
[German Ins. Co.'s.lOO 111 116
Canal
Nat
100 163 168
no I'ieriiittu
118
120
100
121
136
158
Casco Nat
100
L22
121
(Jtrnian National. lOO' ^:^5 ;U0
First Nat
100 113 U5
100
'Kentucky Nat
100; 133 1134
1'20
118
'73
Merchants' Nat
188
18)
l^iilsv. Banking Co. 40 20:
1210
National
Traders'.
100 113 115
65
53
viaaouio
100 i:;o 131
1071a 10^
.Merchants' Nat. ..100 127
130
Richmond, Va,
120^ I3v> 'Northern of Ky ...100 112 113
25
City Bank
26
11514 People'.s Bank
113
101
103
First Nat
100 1371s
UUia Second Nat
ll'J
100 110
111
Merchants' Nat... 10
1121s
10i?i» 101)
85
Security
100
100 155
Nat. Bk of VIrginlalOO
10§is riiiid N.-itloual ....100: 123
108
1-27
Planters' Nat
100 1371s
119
lis
Western
112
106
lOOJ 110
State Bank of Va.lOO 104
96
Netv Orleans.
St. Louts.
II718
117
B'k or Coiiiiiieree..l(Xi 430
•.32I9 Canal & Banking. 100 xl22 ^•24
132
iCitizciis'
100
50
Commercial
100 3i0 32
202 203
Geriuania N.tt
100 i20' 140
Continental
100 1-25 135
116
111
HibcrniaNat
12K1«
100
'Franklin
100 140
103
103
126'
l»ulsiaiiaNat.. .. 100 lit
Fourth
National ..100, 220
100
ad's
Metropol itan
.'C113
90
116
rnternational
93
100;
U5
94
Mutual Nut
100
118
Mechanics'
lOO: Ill's'
l'22is 123
New
26'i'
03
Orleans
Nat.
.100
....
Merchants'
Nat
...lOOi
1121!! lU
People's
50 51
St. I^)uis National.lOO II7I2 122«s
114
113
Nat
lOO
140 iThird Natbmal. ...100; 94
103 104 iState
106
90 100
Union
Nat
100
'Valley National... 100
'J7is
97
San Francisco.
93
93
Tiew York.
'Anglo-California
55
1-12
140
America
100 15B net
155
loO 100 lj< American Exch'selOO ll-HalHOis IBank of California
115%
First
Nat.
Gold....
100
220 2.:!
2."»
Broadway
200
110
12J
124
Buteliers'tV Drover825
155 'Paoillc
9(512 97 1« Central National. 100
;ll2ia
110
139
Chase National
10(1
IPIRB INStrH'CB
110 U2
Ciiat ham
25 132
STOCKS.
•205
210
Olieiaical
100 25oO
Baltimore.
131 135
City
100 2.i0
lAs.aoeiaie Firemen's.
71s
140 141
Citueua
35! 110
lialtliMort; Fire Ins.lO,
3)
31
I22I5 Commerce
122
100 i:s 150
FireiiH-u's
20
tnsur'ce
22
.18
lulls C^intinontal
101
loo
104
100

140

Security

1.50

102
59
31
72
60
220
212

Columbian
Commercial Nat
50
Commonwealtli Nat50
Consolidation Nat.. 30
Cora Exchange Nat.50
Eighth Nat
100
First Nat
100
Farmera'&Mech.N.lOO
Glrard National
40
Kensini?ton Nat
,.50

Laf.&Bk.ofCom. ioo" 200

2U0

2i

100
5«
20
Eureka
20 170
Fidelity
100
Firemen's
20
Germania
20
90
Globe
20
Mei'chants'Jc Manuf 20 100
Miami Valley
50 70
National
100 13j
Enterprise

305

.

125
132
100

Citizens'

Commercial
Eagle

!,

B'k or N. America 100 300
Centennial Nat
100 140
Central National.. 100 265
City National
50 125

80~

BO
ISO

20
25
20

Cinelnnall

!

Pblladelpkla.

Il05
i250
175

210
170
110

Firat National

tiUO

IGO

too
135

Cincinnati Nailonal...

Aurora

flow Vork.
American
50 150
American £xcb...l00 98
Bowery
25 12 5

I

100
lou
lOO

Columbian

H

i

riiloagfo.
1

•

Tr.. .25

.

1

Marino
30
Meonanica'
10
Mcrelmnts'
1(X)
NatimialKxch'«e. 100
People'.'?
25
Second National ..100
Tliinl National
100
Union
75
Western
20

Meihanics'

100^

20O
People's National. 100 145

8(f0

850
lis

BalUiuorc.
Bank of Baltimore 100 139
Bank of C'oinmer(!e.l.5 Itf
Com. &

I

Firat Nal. Cliaa.. .100

sa
80

750 xSOO

10

i'ls

5"

B'korc'han.(NUA)100

STOCKS.

Ottzens'

130

ii-.a'A

,

Charleston.

WootmnoB
York Co.

2M0

«0

Mauiifaedirore'
.Mochnnica'

I

81i
i:iv.).
81a<l.- (I'al, Kiv.)..

Tlloniitikc'(.M;iss.)1000
Troiiiiiut,':H.(M:ia.'01OO
Troy C. .t \V.(F.R.I 5001
Union C.Mr. (F.R.) lOO'
Wainiiaiio;iK( F.R.) 100
Wii«hin>ti'n(.Miw».)100.
Weud Sew. M'e (Ct.)25i

50|

( Inctnnati.
Amazonlnew aUH^k) 20

135
110
.10
100 109
50' I2n
t.V
50
83
a' Exch'K050
10 >« 14
M. tr..p,)lltun
100
iNassaii
50 120
New York
100 160 !«
N. Y. Nat. E.\ch'ffelOO 100
New York (;<ninty. 100 140
113
Ninth National. ...100
North America
70 100
North River
.50 ;I20
Oriental
25 145
Pacific
50 ;143 155
Park
100 141 145
Peopio's
25 "98'
Phenix
20
112
Republic
100 109
Second National. .100 120
I'lji
Sevenlli Ward
100
Shoe A Leather. ... 100 124
St. Nicholas
100 114
Stateof N. Y
100 102
li9
Tradesmen's
40
150
.50
Union
125"
United States Nat. 100

25

ra'

Home

2!)0

N-.U.)300!
\lns9.)80
lOOl

llo

1'2«

lOO' 11".

Nasaau

Vo"

80
270
67

8'
S-

4(1
il

lul

I

<

Robeson

(K. Kiv.) 10(X)|
Biiu'iiiiMi' iF. Riv.) 100

2(i:.

iial

70
100
1320

100
50

Fulli.n

133
1015

131

...1000, 1010
H.) 100

Itl

Brooklyn
Flr«t National

750

74,'5

ISO

Last price Ihla week.

I

714
Sis

61

Boston.

Broadway

2.5

Brooklyn

17

20 130
70 115
CUnton
100 117
(Jomnierclal
50 20
Continental
lOo! 225
Eagle
40 230
Empire City
100 70
xchange
E
30 73
Farragnt
50 105
73
Firemen's
17
20
10
Firemen's Trust
40
iFrank. AEmp'ium 100
German-American 100 205
123
Germania
50
Globe
50 105
Greenwich
25 175
Guardian
100 60
Hamilton
15 100
Hitnover
50 120
100 117
Home
Howard
50 60
Irving
100 20
Jelfersim
30 115
ICinga Co. (B'klyu) .20 185
Knickerbocker
30 80
80
I.iafayette iB'klyn) .50
iLong Isl'd (B'kiynl.ljO 100
iManuf. Sc Buildors'lOO 100
40
Mech. »fe Traders'. .23
75
iMeehanics' (B'kiyuJoO
57
Mercantile
50
100
Merchants'
.50
90
M.iitnuk (B'klyn).. 50
Citizens'

City

I

.

I

I

.s.i

III

23
100

PaoiUc
Peter Cooper
People's
Phenix (B'klyn)
Rutgers"

100
110
50 100
...5<i
130
25 113
90
50
40
100

..

Westiheater

H

FIrnnion'q

wnit,im«h.i»»''<

•

Boston

| (inototion

.,

per share.

^fv^
U

lltov, fti

Asaesament paid.

.;e»

liiO

'20

lOl

50

25

100
Vil
I'M
»5

.25.
-

-

100
110

'

as
50
ro
215
1-.S7

110

210
72
1:0
1-5
1-23
.57

40
123

1,

2tO
9v>

83
1»5
lO".

50
85

65
105
95
l.">3

Park

I

30
230
215
80

150

Standard

lU. .1(X)

165
140
120
125

33

la!

N. Y. Eiiuitable

Star

^ic

105
135

HO

(B'klyn). ....50
371s

140
80
140
Sew York FU-e....lO(i 60
130
.50
Niagara
23 107
North Kiver
V,--

127
132
100 126
128
Boyl.<ton
70
100
t>!)
Dwelling House.. .100
901* 91
Kliot
100 118 122
Amerlci..u F.

170
155

155-

90
70
137
112
170105.

150

no

135
120
lOO

50
55
115

130
125

230

.

;

1

THE CHRONICLE.

22
^. ti ir

je

s

t

m

rVoL. 3X1,
1881-2.

jc

1883-1.

1884-5.

$

$

332,796
295,216

35 6, (IPO
342,950

372.278
383,043

204,607
355,548

7,322,862
5,943,781
55-20

7,109,817
5,080,086
58-33

7.298,002
5,237,512
58-22

7,160,324
5,046,587
58-65

tx t
Taxes...

,

Miscellaneousf

Total

Neteamings
P.c of op. ex. to earn.

1882-3.

Includes lost and damaged goods, &,c.
inj uries to persons, cattle
The IiTTESTOBs' SnppLBMBHT contaitis a complete exhibit of the killed, &c.; repairs of telegraph; contingent
account; legal expenses, &o
Funded Debt of States and Cities and of the Stocks and Bonds
INCOME
ACCOUNT.
the
of Railroads and other Companies. It is published on
1881-82.
1882-83.
18'?3-81.
1884-85.
last Saturday of every other month—^z., February, April,
Jtceeiptg—
$
$
$
$
5,943,781
5,080,086
5,237,512
5,046,587
June, August, October and December, and is furnished with- Neteamings
1

mt extra

charge

to all

Extra copies are sold

and

cents each,

From land departm't
Miscellaneous

regular subscribers of the Cheoniolb,
subscribers of the Chroniclb at 50

to

to others

than subscribers at fl per copy.

ANNUAL REPORTS.
&

Chicago Rock Island

;

Pacific.

(For the year ending March 31, 1885.)
The annual report is just published. The proceeds of the
gale of $200,000 of the six per cent first mortgage bonds, and
'

of $3,490,000 of the five per cent extension bonds have been
inTCsted in stock and bonds of connecting and other railroads
for the protection of the company's interests. The company
cwns 1,120 miles and leases 2C3 miles. In comparison with the
previous year, passenger earnings shov? a decrease of $289,564,
or 8 74 per cent, which is made up of a decrease in earnings
on business from connecting lines, amounting to $47,790, or
1'44 per cent, and a decrease in earnings from business originating on the road's own line of $241,773, or 7-30 per cent. The
number of passengers carried one mile decreased 6,200, 925,or 4 '81
per cent, which is accounted for by the increase in commutation
business, which is "short distance travel," and a decrease in
The rate per passenger per mile
local and through business.
for year endinsr March 31, 1884, was 2'572 cents and for year
ending March 31, 1885, was 2-466 cents.
The increase in freight earnings was $87,826, or 1 '09 per cent.
The revenue from through freight (freight delivered to or
received from foreign roads) increased $522,024, or 12'64 per
cent, while that from way or local freight decreased $434,198,
or 11 '06 per cent. Of the entire freight earnings 57'11 per cent
was from through and 4289 from local freight. The movement of freight, as compared with the previous year, shows
an increase of 362,360 tons, or lO'Ol per cent, while the rate per
ton per mile has decreased from I'lO cents the previous year
to 1'04 cents for the past year, or 5}^ per cent.
Gross earnings show a decrease of $328,603, or 2 '62 per cent,
and operating expenses, including taxes, decreased $137,677,
or 1'89 per cent net earnings decreased $190,925, or 3'64 per
cent. The amounts charged to construction and equipment
account for the year are as follows
For land, land damage, &c
^7,107
Forenplnccrine niid Gouilnfient expenses
9,967
Formasoury, bridges and culverts
78,124
For quanying stone for ballast and rip rap protection
8,512
For ballasilug truck %vilh siouo and gravel
11.578
For n-duoiiou of grades, filling trestles and cliaagiag line
170,752
For portable snow fences
7,176
Forucw depot', water stations and track scales, <feo
48,9a0
For new feuclng
4,124
For new niiiehlncry for shops
4,240
For new side racks and extensions, S^jo miles
49,850
For construction of second track
33H,355
For construct ion of newbrancli roads
14,515
Fornew engluea and cars (equipment accoimt)
102,519

650,000
13,208

560,000

470,000

330,000

Total Income
Dishnrseinenis—
Rentals paid
Interest on deht
Dividends
Rate per cent
Add. and imp. acc't.
Miscellaneous

6,606,989

5,640,086

5,707,512

5,376,587

327,593
950,000
2,937,180
7
2,215.000
125,327

304,3S3
950,000
2,937,180
7
1,300.000
147,595

Total disbursements.
Balance, surplus ....

6,555,106
51.833

5,639,143

ffi

Ot

ffi

ffi

301,121
1,002,350
2,937,186

7
1,200,000

177,784

301,121
1,094,750
2,937,186

7
750.000
196,344

5.618,441
5,279,401
97,186
89,071
GENEBAL BALANCE AT CLOSE OP EACH FISCAL TEAR.
1881-82.
1884-85.
18S2-83.
1883-S4.

943

$

A.8S€t8

RR.,bldcs,equip.,&c.
Stks.*l)ds.nw'd,cost
Materials, fuel, <S!C
Miseellan'us itemsf.
.

.

Totalassets
Liabililies—
Stock, common
Bds.lsee SUPPLEM'T)

Addifn& imp. acc't.
Profit, bal. inc. aoo't.
Miscellaneous
Tot^lUabiUtles..

$

57,630,377
5,042,498

$

$

59.2'.!5,949

1,373.625

58,479,198
5,308,211
275.739
1,408,028

64,258,998

65,561,176

6<),851,336

•Z12,498

$

4,068,680
282,267
3,274,440

60,076,755
*7,974,3S9

342,067
2,324,271

70,717,482

$

1^

$

41,960,000 41,060,000 41,960,000 41.960,000
17,500.000 17,500 000 17,500,000 t20,.500,000
4,500 000
5.800,000
7,000.000
7,750,000
290,085
291,027
380,098
477,283
8,913
10,149
11,238
30,199
64,258,993

66,851,336

05,561,176

70,717,482

;

;

Includes $400,000 eomjiany's 6 per cent honds and $510,000 5 per
cent extension bonds,
Loans and cash in New -i'ork : due from Post Oflloo DeI Includes
partment cash, cash items and balances due from other roads, in hands
of Treasurer at Chicago.
; Includes $5,000,000 Chicago & Southwestern bonds guaranteed.
*

:

;

GENERAL INVESTMENT NEWS.
—

Atchison Topeka & Santa Fc and Southern Kansas. The
monthly statement of earnings and expenses is as follows
Hit!/.
^5 mot. Jan. 1 to Mau 30—,
:

,

,

1885.
Hlles of road oper
2,374
Gross earnings
$1,184,080
674,154
Op. exp.,excl.tax.

1884.

1885.

2,3-28

7tiO,672

2,374
$6,008,484
3,450,892

$6,392,786
3,309,311

$582,090

$2,557,592

$3,083,444

$1,343,362

1884.
2,309

:

1

Total

$850,805

In the land department there were sold during the year
4,032 acres for $44,011. TheT)rice being thus nearly $10-91
1^
per acre. There have also been conveyed by quit claim deeds,
lands, the title to which was disputed, to the amount of 515
acres, for $007.
The bills receivable, now on hand from the
sale of land, are for a principal sum of $905,927.
The number
of acres left undisposed of, the title to which is believed to be
perfect, is now only 18,652.
The statistics of operations and financial condition in the past
four years, compiled in the usual form for the Cheonicle, are
as follows
BOAD AND EQUIPMENT.
:

MUe« owned

& oper.

3M 1882-83.
1,381

18S3-84.
1,384

1884-85
1,384

206
187

309
201

315
218

320

7,499

7,489

7,744

6B8
«>77
OPBRATtONB AND FISCAI, RESULTS.

Operation*-

PnMengc-*

carried..

2'.;0

7,85

672

702

1881-82.
1882-'3.
1883-84.
1884-85
2,«3«,258
2,784,722
2,813,327
2,848 900
113,894,522 133,134,280 128,819,1«0 122,«I8'23"

Pawen^r mileage
Ratencrpasfi. p.mtle
2-50.-. cts.
2504 et«.
2-.572cta.
2-4fl6ct9
Frplgl.td nslmoved*
.%7/U,53l
3,454.Hm7
3,618,141
Do (torn) nilleage'.756,051 981 677,731,319 734,601,380 7803,9805oi
944 261
Av. rate p. ton p. mile
1-28 et«.
117 cts.
1 loots.
1-04 cts
Kaming$-

$

$

a

a

'

MaU.6«pre.iii,r'nte,Ao

-••V

2,853,331
9.687,097
726, 215

3.333,069
7,928,236
928,598

3,313,448
8,056,316
1,165,750

3,023;884
8 144,142

Total (trosseam'gs.

13,268.043

12,189.903

Operafg Rrp'ma—
Matat...rway,Ao...
Mnlut. of equipment.
Tn.n«port« cxp-.«..

^,535,514

12,206 911

$

t

S

a'

1,916,390
1.037,6m4

1,663,661

l,6lJ,551
1076 173
3 853 957

1.391551

!*;«'';?«'•

£"'«l>t

•

Company's

3,711,76.1

freight not Included.

],.«6568
3 67i. 948

$509,925

—

the company.

1881-82.
1.381

IiOComotlves

Pass .m»il &exp.aar8
Freight cars
All other cars

Neteamings.-

Atlantic & Pacific. The annual report of this company for
the year 1884 has just been issued in Boston, but no copy has
been received in time for analysis in the Chronicle this week.
The gross earnings were $1,086,862 and expenses $1,159,013,
showing a deficiency of $72,151 for the year on operations
but this is only misleading, as the pool balances and the
traffic rebates from the Atchison and San Francisco companies are not included. The earnings of the Atlantic &
Pacific Railroad for the past si.x months (January to July),
1885, were $765,755, not including any rebates and pool percentages; while the earnings during the same months last
year were, according to annual report, $411,515; that is, an
increase this year of about 80 per cent. The 25 per cent
rebates guaranteed by Atchison Topeka & Santa Fe and St.
Louis & San Francisco companies for the year 1884 amounted
to about $300,000, and the percentages on overland pool business amounted to about $'200,000 net; and for the year 1885
larger net returns are expected.
The total unfunded debt of the company amounted Dec.
31, 1884, nominally to the sum of $6,486,600, but actually to
the sum of only $626,351 due to other parties than the
"Atchison" and " San Francisco " companies. Whatever is
due to these companies is mostly secured by lands or otherwise,
or if not secured is practically in the hands of the owners of

llobl'stfS

Vl'. xii
4,359 2!!

& Merchants' Telegraph Co.—The Farmers' Loan
Trust Co, announces that about $5,000,000 of the bonds have
been deposited, being three-fourths of the outstanding issue,
in accordance with the plan of the Reorganization Committee,
which assures the success of the plan proposed.
Canadian Pacific. The earnings and expenses for May
and for five months have been as follows
Bankers'

&

—

:

-Mau- -T
1885,

Gross earnings
$'112,587
Operating expenses. 386,482

.

1884.

$124,557
349,740

.

Jan. 1
1885.

$2,617,965
l,788,0i)5

to

May 31.

.

1881.
$1,547,383
1,789,836

Neteamings
$'226,105
$74,817
$S29,870 def. $242,453
Central Massachnsetts.— A meeting of preferred stockholders of the Central Massachusetts Railroad Company haa
voted to accept the provisions of chapter 329 of the acts of
the Legislature of 1885. The act authorizes the President and
two others to contract with some other railroad company to
operate this road, if such contract can be made without
involving loss to this company, and certificates of indebtedness which shall be a first lien upon the propsrty may be
issued for the purpose of putting tue road in running order.

—

—

—

THE CHRONICLE.

JirLY.4, 1886.]

23
IIX MOaTIU' DCSOICM.
1884.

Tbo company taking tho road must guarantee the intervst on
/an. 1 to Jutit 30
these certiticntex, and pay all tho opurncing expenses and Gromrarntnxa
taxes, and may abandon the contract after six months' trial OperatlDKezpeoBoa
upon giving certain notice.
NetoaruliiKS
Central of New Jersey.— This company was compelled
Detliid—
to default

on a!)out $450,000 of interest which

fell

due July

Interest ami rentals

including the consolidated bonds, the American Dock
bonds and the Jersey Stiutliern bontbt, the Reading Company
having failed to supply the necessary money.
Suit was to have been begun immediately against the
Philadelphia & Heading to annul the lease, but now it ia
stated that the directors of the Jersey Central have concluded
to wait a week before Ixsginning a suit against the Philadelphia & Reading Company to recover possession of their road.
It was announced that unless the Reading Company pai<l tho
July dividend on Jersey Central stock legal proceedings
would l)e begun at once to have the lease canceled. The
Jersey Central directors have determined not to allow the
July coupons on their bonds to be bought.
1,

t88B.
«<),42l,071

97,219.127
,

Balsnoo for stock
Detlnlt from amount or

4,600,6.57

4.588,47S

2,748,470

$1,832,503

1,709.859

1,018,199

$918,611
llrst

9-l5,60fl

charfcea

Little Rock Mississippi River & Texas.— Under date of
June 30th the President, Mr. Elisha Atkins, issues a circular
to stock and bond holders, stating that reorgani/.ation of the

company on some

basis

inevitable.

is

It is

most important

that the road should be extended westerly 43 miles to CamThe treasury of the comSt. Louis Road.
den on the Te.xas
pany is empty, and the overdue scrip and coupons cannot be
met. In view of these facts the Executive Committee recommend a reorganization on the following basis:
Igt. Orgaol/.n two entirely new and iiKleponilent oorporatlons under
the laws of Arkansas, one o( which sliall purchase with Its bonds and
and own and hold tho I'lne Bluff Division, eztendlog from Little
stock
Chicago & Eastern Illinois.—This railroad company, as Kock to
Arkan8a.H City, and the other coriioratUiii with Its bonds and
reported from Chicago, has recently formed a connection with stock shall purchase and thoreaftorowii aii'i hold thu Ouachita Division,
from its Intersection Willi tho former division alTrlppe'g
Chicago
Road.
extending
Vinconnes
At Cairo the Cairo
the Cairo
Ohio, and Station, about seven miles westerly from Arkans:ia City to Tcxarkana,
Vincennes& Chicago connects with the Mobile
with tho right scoure<l beyond all pcr.idvontiire to tile latter (M)rporathe three roads will thus form a truuk line from Chicago to tion to nso and cnjov.^ln comuion with tho former corporation, the seven
Ohio will on July 1 change miles of road between Trlppo's and Arkin-ias City, and also all the
the Gulf of Mexico. Tho Mobile
to standard gauge, so that through trains can be run from terminal facilltlcH and improvements at the latter point.
Tlie l)ond9 to l)e issued by each of tho attove corporations are to
Chicago to the Gulf ports without transfer. The Cairo Vin- V2d.
be secured by mortgages upon "their respective road.s and properties,
cennes & Chicago road was until recently a part of the Wabash and the bonds and coupons of the present company now ontitanding are
to be assigned to the new corporations and exchanged for the newbonds
system.
apon suoli terms as may be ai<rcpd upon. Tiie 8t*»ck of tlio new corapaplan of reorganization is pro- nlae to be in similar manner exchangoil for tho outstanding stock of the
Cincinnati & Eastern.
posed to bondholders which embraces the issue of $500,000 present company.
first mortgage bonds second mortgage bonds not over $650,000
As soon as a detailed plan can be perfected, it will be subin amount to exchange for old firsts and overdue interests
mitted to each holder for a written assent thereto.
mortgage
bonds
for
income
bonds
for
third
$300,000
$375,000.
Louisville & Nashville. The gross and net eammgs of
Cincinnati Northern. The Cincinnati Northern Railroad, this company for May and for eleven months, in, 1834-5 and
extending from Cincinnati to Waynesville, Ohio, was sold 1888-4, were as follows:
-%
Net Earnings.
Oross Earnings.
June 27, by order of the United States Court, to A. S. Wins1884-5.
1883-4.
1884-5.
1883-1.
low for $200,000. Mr. Winslow represents the first mortgage
July 1 to Dec. 31... $7,106,220 $7,794,865 $3,118,156 $3,272,817
bondholders.
The road has a mileage of about thirty-six January
456,9so
303,412
1,170.749
1.039,317
miles of three feet gauge, and formerly connected with the February
10l.d58
1.0-!3,308
1,015,431
302,304
121,175
1,187,733
576.332
1,281,516
March
Dayton Division of the Toledo Cincinnati
St. Louis.
1,125,291
414,028
358,295
1,158,698
April
471,976
1,156.109
391,187
1,102,411
Chesapeake & Ohio Canal. At Baltimore, July 1, in the M»7
United States Circuit Court, Judges Bond and Morris filed
Total 11 mos.... $12,902,905 $13,318,751 $5,391,541 $5,133,039
their opinion in the case of Stewart and others against the
Michigan Central and Canada Southern.— The Michigan
Ohio Canal. The complainants asked for a
Chesapeake
and Canada Southern companies' report for the six
receiver and tlie sale of the canal to satisfy the bondholders, Central
months ending June 30 (June partly estimated) shows a decreditor, the canal having defaulted in the payment of interficiency from the amount required to pay first charges of
The court dismissed the application.
est.
$233,000, against a surplus of $107,000 for the first six months
Fremont Elkhorn & Missouri Valley.—The Fremont Elk- of 1884. The following gives the details
Missouri Valley Railroad (leased to Sioux City
horn
SIX MONTHS' BCSINKSS.
18 '4.
1885.
Jan. 1 to June 30.
Pacific) is being pushed on westward with rapidity, and will
$5,603, SOO
earnings
$1,973,000
Gross
be in the field for a large increase in grain and cattle traffic
4,216,500
3.886,000
OlHiratlng expenses
Track-laj'ing has already reached Gordon,
in the autumn.
Neb., 90 miles from the starting point. There are 60 miles
$1,3S7,000
$1,087,000
Net earnings
more nearly or quite graded, extending to White River, and
Deduct —
rentals
1,280,000
1,320,000
Interest
and
it is expected that the track will reach that point early in
August. The engineers have completed the location of the Balance for stonk
$107,000
line for 100 miles westward from White River, which carries Deficit from the amount ot the first
charges
$233,000
the road to a point in northeastern Wyoming near the headwaters of the Niobrara River. It is not known when conpress dispatch from Steubenville,
Muskingum Valley.
tracts will be let for the grading of this extension. Boston O., June 30, said Suit was entered here to-day against the
Transcript.
St. Louis Riilway Company and the
Pittsburg Cincinnati
Muskingum Valley Railroad Company by stockFort Worth & Denver City.— Earnings for May, and for Cincinnati
first-named
road, praying to have set aside the
holders of the
seven months of the fiscal year were as follows
May.
Nov. 1 loMay 31.—n lease made in 1872, whereby the former company is operating
1895.
188-1.
Muskingum Valley Riilroaa, on the ground
1881-5.
1883-4.
the Cincinnati
Gross earnin.i;9
$-42,313
$6H,073
$215,566
$270,860 that the contract of the lease is hard, oppressive, unconstituOperating expenses
27,175
38,555
H»,238
157.315
tional and a fraud on plaintiffs ; that under said lease the lessees
Net earntnffS
$17,168
827,518
$96,328
$113,515 have sutfered continual and heavy losses, aggregating nearly
Huntington Southwestern Railroads.—The gross and net a million dollars, and that there is no prospect of the leased
temporary injunction
earnings from January 1 to April. 30 in 1885 and 1884, were as road paying expenses in the future.
has been allowed, restraining the former company from using
below:
funds in their possession for paying interest on bonds of the
1885.
1884.
Gross
Net
Qrosg
Net
leased road, due July 1, amounting to over $52,000. and also
earnings.
earnings.
earnings.
etmingi. restraining the C.
M. V. R. R. from attempting to enforce
Morgan La. * Tcxa8..$l,30!M90
$liH,1^2 $1,191,410
$384,696
Loiii-mna Wustcro...
199,703
105.731
179,111
77.2«5 the terms of said lease until hearing of the case.
Texas A N>-w Orleans
29J.917
123,500
317,335
134,313
New York Chicago & St. Louis. Judge Jones, at CleveOal. Har. ibSaa An..
912,126
392.590
919,595
202,9B6
land, on the recommendation of Receiver Caldwell, last week
Total
$2,721,2<8 $',,078,217 $2,637,453
$799,291 reduced the rent of equipments on thit line from $400,000
He has since suspended the order, and will
'
Illinois Midland.- Notice of sale on Sept. 1, 1885, is given to $200,000.
by virtue of a decree of the Circuit Court ot the United Stales re-hear the case in New York on July 0.
The trustees of the New York Chicago
St. Louis Railfor the Southern District of Illinois, entered June 3, 1885.
This includes the property of the Peoria Atlanta
Decatur way Car Trust have addressed a circular to the holders calling
Railroad Company, the Paris
Decitur Railroad Comoany, a meeting of the certificate holders for July 7, at 11 o'clock,
and the Paris
Terre Hante Railroad Company, respectively. at 110 Broadway.
Bondholders must prove their bonds (unless they have already
New York Lake Eric & Western.—The statement of gross
done so) before N. W. Branson, Special Commissioner.
and net earnings for eight mouths of the current fiscal year
Kentucky Central. The earnings and expenses for April, is given below, by months, and the groes earnings include 68
per cent of the earnings of the New York Pennsylvania
and for four months from Jan. 1, were as follows
Ohio leased line, the other 33 per cent of the earnings of that
April.
Jan. 1 to Apr. 30.
line being paid as rental.
The net earnings are correct, and
1885.
1834.
1885.
1881.
Gross earnlncra
$68,153
$69,933
$251,302
$239,840 show the actual results to the New York Lake Eiie
Western
Operating expenses
50,010
49,933
197,227
180,527

&

&

&

&

—A

;

;

—

;

—

.

&

—

&

:

&

&

—A

:

&

&

:

,

,

.

&

A

.

.

.

,

&

—

—

&

&

&

&

—

&

:

—

.

&

Company.

Neteamlnes

$13,113

$20,000

$.>7.075

:

.

$59,313

Lake Shore & Michigan Southern.—The statement of operations for six months ending June 30, the latter month being
partly estimated, is given as follows, compared with the
actual figures for thesame time in 1884

Oct. 1 to Mch. 31..
April

.May

—

-\
Orois Earnings.
1881-85.
l8''3-8«.
$9,397,169 $10,974,8*1
1,1H9,()12
1,727,131
1,481.613
1,615,361

Xotel a moa.... $12,347,794

$14,317,639

Net Earning*.—^
1884-85.
1883-81.
$i,236,612 $.',309,110
26y.01:<
392.46*
314,298
291,573

$2,819,923

$2,996,447

V

—

.

THE CHRONICLR

24

New York & New E»4«
In^'ord^^^^
t/"c'o^^„''rs1ssuef
Conn., nas issue .di.
Circuit Court, at Hartford,

•States

!^'^,i^"in

the petition of t'-

[Vol. XLI.

The Sclmylkill Navigation bonds of 1907 will
after the 13th at five per cent per annum.
and
on
bought
be
Philadelphia &

that matter.

-The result of the joint operations of the month of May
and Coal & Iron Co. in the
^^-^^^Ju^sr T* Jp?t t?orr Reading Railroad
leased) was a de(including Central of New Jersey Railroad,

and a decrease of !slOS,SS(5
compared with May, 1884. For six months from Dec 1
460,243 and a dethere Was a decrease in gross earnings of |2
1883-84
crease in net of $503,745, compared with

crease of .^^OGo.SOl in gross earnings
in net,

^^^^^^Z^l'STZ^S^t.'tl\^^^
*nd 188^.-35 by months are as follows:

Gross Receipts.
18?4-S5.
1J83-S4.

years 1^83-8.

„^^,i„,„__

'

2,761,267
2.973,971
3.S23.943
3,614,399

$3,408,099
3,174,819
2,059,121
3.102.009
4,u93.732
4,710,160

Totalfor 6 mos. $18,988,320

$21,448,360

:?3,:i90,385

DoceuibRr
Jivouavy

2,(i91,lo5

.

Frtl>riiary.

<,..ttoMarc.3I..l^i.
?l6;3^5

il;^^

$->,043.3:0

$2,195,720

April...
Jfay....

^TotiaBmonth,

^U.^;.

..^.-3

.-..«7

":^«'

'^^^_

$382.4.8

$-'51,033

'

M

MaroU...
April

a Special

tuy: ::::::: ::::::

^to
^v

S^v

Receipts.

1884-83.
$871.1.^7
,'i42,555

G0U.073
613,112

.

1833-84.

$779,447
667,466
517,848
602,875

«34,918

1,410,951
1,063,804

$1,563,615

$5,072,391

9-!6,528

of an
Pooling Among Texas Roads.—The consummation
railroads known as

Term

K»« ¥nrk West Shore & Uuffalo.—
Brown heard
<.f'^thrsI;reL'courtTel.i i" Newburg, Judge
a
against
?»
and
for
«gumenta
'^ .^^^..'ly bnore
J^^re mori
mor^
Qittoi TniRt Comoanv, as trustee of the West
Buffalo Ra. w<^
con pel tTNe^' York West Shore & oredosure of the
why the acUoji for
SSpany to Low cause tried
on July 18. The /^'^es repori
mortgage should not be
appeared for the trust comaavB thlt A. B. Boardman, who
importance, both to the
said it was of the utmost
?SItiff and to those of the defendants -'j" J;-™„^°L'"X,*e
that there should be
ia the property covered by the mortgage,
he said, who had not
« roeedy sale. If the defendants,
were required to plead
tJWe^. and were not in bedefault,
enabled to serve upon the
the plaintiff would
appeared notices
Storn^ys for all of the defendants who have July 18. Unless
on
of trial for the Special Term of the Court
unable to notice the
ttat was done the plaintiff would be
delay of six
further
A
September.
before
trial
""on for
necessarily postpone
would
action
the
trying
before
weeks
late a date in the
tho sale of the mortgaged property to so

Ifet

,

•

important pooling agreement between the
and Huntington systems was semi-officially
the Gould
announced this week. It; will go into practical effect immeThe agreement is said to have been signed by Jay
diately.
C.P.HuntGould, representing the Missouri Pacific system;
Clarke, Receiver of the
ington, ot- the Southern Pacific; B. G.
ColHouston & Texas Central, and George Sealy, of the Gulf
roads will
orado & Sante Fe Road. It is expected that other
the pool agree
unite with this pool. The roids interested in
and defensively. The
to work with each other offensively
hereafter agreed upon
basis of the pooling percentages will be
percentby mutual consent of the roads interesteJ. If tne
settled hy arbitraages are not so agreed upon they must be
to estiblish rates and
tion, and a joint pool will be appointed

make monthly

settlements.

dispatch
Toledo & Ohio Central— Ohio Central.— A press
"Charles J. Cauda,
from Columbus. C, June 30, siid
Opdyke and Grinnell Burt, as purchasing trusCharles
first mortgage
tees a-ting in behalf of certain holders of the
w^ell
as
plaintiff,
autumn that great injury would result to the in the property. bonds of the Ohio C-ntral Railroad Company, who purchased
interest
and franchise of that road, to-day faled artto all the defendants who had any
who appeared all the right
property to the Toledo
The motion was opposed by James G. Janeway,
icles ot agreement transferring the
ConRiver
North
The latter also filed
for6r-Judge Ashbel Green, Receiver of the
Ohio Central Railroad Company.
&
Ontario
York
New
for
the
of $3,-ioUA»uo.
Btruction C\;mpany, John B. Kerr,
articles of incorporation, with a capital stock
H.
M.
and
P^ige
W.
E.
* » » " The preferred stock of the company is $3,7oU,00U
Western Railway Company, and
the
granted
Brown
Judge
to
HiiBchberg, for certain creditors.
and the common stock $1,600,000, the former being entitled
payment
motion to fix the trial for July 18.
,
,
of 5 per cent out of the net income after
dividend
a until
t-i
a
—The receivers of the West Shore have deferred
expenses. This is the consummation
on of operating and other published, whereby the Ohio Central
Auttust 1 payment of one-half of the interest duH July 1
of the plan previously
represaid
to
bondholders,
Utica
The
.receivers' certificates.
control of the Columbus Hocking Valley &
New York passes under the
:eent about $500,000, have resolved to support the
road. For the present it is understood the Toledo road
Toledo
and the
committee, of which Mr. Frederic Taylor is Chairman.
will have control of the newly-acquired property,
with
the Hocking Valley will be
May
for
amalgamation
earnings
and
net
of
gross
question
The
Western.—
&
Norfolk
under
considered later. The two roads are now practically
And for five months from January 1, were as follows:
It is understood that Messrs. Cauda, Burt,
/-J mos.,.Tan. 1 to MaySl-. one management.
Ifou.
1881.
1885.
1884.
18S5.
Opdyke, Stanton, Sandford, Monsarrat, Reynolds, Martin and
«l."i^263 $'.062.633
$192,827 *202.43«
^™M,6»rnlngs
Scott will compose the new board of directors."
fetl.'^^B
6,b^
127,135
6
:

W

«
&

.

,

134.919

Btpemea...:.

Union Paciflo.— President Cleveland has appointed five
directors for Union Pacific who are all prominent
Government
Okie & Mississippi.— Earnings for May and for five months and highly reputable men. These are ex-United States Senaas follows
Alexander of
«fe re©3rted
^^
,.,,., o,
tor Francis Kernan of New York, General E. P.
Jan. 1 to ^ay 31.
Maa.
Georgia, Mr. F. McVeagh of Illinois, Mr. J. W. Savage of
lS8i.
1S84.
1884.
ISSS.
General
$U2,75f> $1,174,215 $1,538,772 Nebraska and ex Governor E. F. Noyes of Ohio.
$275,4-tl
«lmMeaniings
1.161.394
1.396.002
256,313
212,088
-OpwftUngexiwiiSM...
Alexander was long and favorably known as Vice-President
was also President of
$312,921
$112,770 of the Louisville & Nashville road, and
$36,443
$83,415
Net carninKS....
thorough
the Georgia Riilroad & Banking Company. He is a
_. Company.— Mr. Elijah Smith, railroad man. The retiring Government directors are Messrs.
._
Oregon .ImprOTement
President, and Arteraas Holmes, Counsel of the O.egoa Dmiel R. Anthony of Kansas. Frank Colpetzer of Omaha
Improvement Company, are engaged in preparing a mortgage Neb., Colgate Hoyt of New York, Edmund L. Joy of New
which will practically fund the floating debt into either a Jersey and Halsey L. Merriman of Iowa.
,
,,
,
„
second or consolidated mortgage. The original intention was
—The Union Pacific land sales in May and for five months
interest,
five
per
cent
bond
bearing
mortgage
second
to issue a
were as follows:
but the discredit into which the several companies had fallen,
Jan. 1 to May 31.
I'rncfeds.
Acres.
coupled with the fact that Oregon Improvement firsts are
Proved'.
Acre'.
IPS.".
$12-^,074
223,707
.$ ,"97
41.. 93
now selling at 77. caused the abandonment of this idea. It ij TItiiou Divhion
$67,878

NetcarnlBPS

"$75,300

$:188,639

:

.

.

.

$401,195

—

.

,

now

proposed to issue a consolidated mortgage taking in the
Boating debt, now amounting to about $800,000, and allowing
a margin for other requirements and contingencies. The rate
of interest is not specified, but it will probably be more than
six per cent. The financial debt of the company now consists
oC $5,000,000 thirty- year six per cent sinking fund bonds. It
vill be increased to at least $6,000,000. —N. Y. Herald.

Peansylrania Railroad.— In their annual report for 1884,
the board of directors of the Pennsylvania Railroad Company

recommended

that the trust created in October, 1878, fi)r the
purchase of the securities of the leased lines be amended so
that, instead of appropriating $60,000 per year for this pur.poae, an amount equal to 1 per cent of the net income of the
oomaany before the payment of dividends be set aside. In
Addition to this it was proposed that the interest be added to
the principal. This proposition has been adopted almost unanHOusly by the stockholders, the change to take effect as of

^January

1,

18a5.

PhiUdelphia & Beading. —The Philadelphia Korth
-Amurican reports that on July 1 interest was not paid on the
fpneral mortgage, adjustment scrip and debenture or con'•rtible loan». Interest was paid on all loans prior to th^
^oaaolidated bonds, amounting to $75,000, on the eeneral
ntortgage and Perkiomen sterling scrip, amounting to $.50,000,
-OK the Susquehanna loans of 1894, and on the Catawissa
Chattel mortgage.
Nothing w.a3 piid on the Schuylkill
•ligation bonds of 1895, no action having yet been taken on

Kausas Dlvisiun..
Tidal
1884.

Union Division
Kausaa Division

173,261

262.819

987,354

82!.430

$283,253

491, -556

$1,409,428

778,039
39,398

$1,321,446
210.711

1,G36,025

$3,389,260
803,665

40,932

817,486
Deoreasein 1885.735,056

Total

—The

168,2.50

$1,172,923
1,804,275
$2,763,497
1.312,719
$1,268,929
says that $155,000 Kansas Pacific
$1,.';32,187

Boston Tramcript
bonds were canceled Dec. 31, 1884. Since Jan.
been canceled $683,000 bonds, making a total
The Kansas
la^t of $838,000 bonds canceled.
sales have been unusually heavy the first six
months of this year, in which time the net receipts used for
the cancellation of bond^ have been more than the net receipts
of either 1883 or 1884, which net receipts were used for the
payment ot interest, as is permissible under the land trust.

consolidated
1 there have
since Dec. 30
Pacific land

receipts from the trustees ot the Kansas Pacific consolidated mortgage, representing the land income of the year,
were in the year 1883 $616,700 and in 1884 $649,415.

The

West Penusylvanla & Shenango.— At

Pittsburg,

June

30,

in the United States Circuit Court, on application of Charles
H. Young and Henry W. Taylor, of England, James I. Blair
was appomted receiver of the West Pennsylvania Shenango
Railroad Company. The capital stock of the ro id is $500,000,
and the incumbrances are $400,000 in six per cent bonds. The
total unfunded debt is $141 ,993. It is a branch of the Shenango

&

&

AlleghauTi

'

.

July

%he

Friday Nioht, July

Fbidat. p. M,. July 8, 1885.
as indicated by our teleirnuBS
from the South to-niKht, is ffiven l>elow. For the week ondlrtfr
this evening (July :ll, the total receipts have reached 1,»H2
bales, against 3,1.5.'> bales last week, 2,877 bales the previous
week and 4,720 bales three weeks since; making the total
receipts nince the Ist of September, 1884, 4,71ft,G8I bftlee, aeainat

Thb Movkmbnt of thr Ckop.

COMMERCIAL EPITOMR
Tuo past week, as

25

COTTON.

ifl/ommcrcial '4^'ime8.
S, 1885.

usually the case in the p-riod iintnt>'liHt»Iy
preceilmg the naliDiiHl holiday, has wltiiecsL-il ifreat iiiiiciivity in tr.id*.
T.j-diy seviTdl <if t'lo Icudin^ Kxc'ianj^f'S are
closed, atid to-morrow, being a lej^al holiday, business will he
wholly suspended. Tni) pro-ipeotM that the uutumii trade will
show improvement and at an early dale, are 3till believed to be
Tiie weather h u) been <|iiite cool for the season. X^ ibor
(food.
has bten diHturb^>d by fresh strikes at ihe West.
Tiie followian; is ii st itom <nt of the stocks of leajing articles
at dome*' ii' m:i f.ir.'l CM Mi-Tcliaadisu at dates K'ven :
ia

I

4.7N'<.120 bales for the same period of 1883-84,
decrease since September 1, 1884, of 71,780 bales.

at—

Receipt*

JulD
toa.

and

Tobacco, domostlo
Tobacco, ruroign
Coirc*>, Klo
Coffee, other
Coffee, Java, Ac

Sugar
Sugar
Sugar
Mcludo

bbls,
bblB.

14,178

tcs.

40,7e9
a9,287
4M,084
44.782

bales.

bags.
bags.

boxes.
bags, &c.
hhd-<.
hhcls.
bbls.

No.

Cotton
Rosin
Spirits turpentUie

Tar
Linseed
Baltpetre
Jute butts

KauUaliomp
Sisal

bemp

bbls.

1.

io,ug6
421
34,604
21.888
49,400
123,612
8S,703
35,248

Jail/

1.

9,89 J

37.H35
28.789
60,9116

5-f,t'07

l,22ti..562

None.
1,315,236

1,205. 7G6

1,08C

795

620

4,'J42

i.sei
1.000
160,3 .0

."i.OlS

1{H),6H!

32.40 >
74,037
None.

800
186,400

bales.
bbls.
bbls.
bbls.

2'i4,814

bags.

9,7tO
2,250
20.000
13,000
67,300
18,408
30,360

and

Jane

18-11.

230,47»
85.029
86.797
i;o,701

mats.
hhds.

Hides

Rice, E. I
Rice, domestic

J6i

hhds.

Molasses, foreign
Molasses, domestic

I.

1835.

18,130
1,651
2,t)9U

tcs.

bags.
bags.
bales.
bales.
bales.

3U4.415
20,124
1,973
2,426
9,200
2.8tj0

20,000
11,500
67,300
15.919
23,249

l,l<i9

1.500

Hon.

Bat.

Oalveston

8

rues.

19

16

86

....

.New Orleans...

127
6

12

8

S

Thwi.

irad.

339
•>

Indlaiioia, ius.

Mobile
1883.

Fork
Beef
Lard

,

1

THE CHKONICLE.

1885.]

4.

..

abowmii
HH.

79

16

28

11

4

Florida

Savannah
Brunsw'k, *o.
Charleston
Pt. Koyal, io.

9

5

..*.

• •*»

Wilmington
MoreU'd C.,Ac

....

...

.*>•

Norfolk

WeEtPolnt.&o

New York

1

48
20
2

3ie
43

S

IT

«.•

1»

4
->.

....

85

....

>•••

1

....

.

1

>•.

•35

....
•

2

4a»

32

1

*..>
>•-.

....

2

116

]'(*»

68

•••

39

....

....

38

Boston
Baltimore

....

50

....

Phlladelp'a, &c.

....

202

84
40

18

....

9

week

155

665

211

104

214

260

5

&•-

M

l.StJ.TOO

23 1,291
23,613
l.'IOl

3.988
4,^00
I

..100

Totals this

1,61X

For comparison, we give the following table showing the weA%
total receipts, the total since Sept. 1 , 1884,

and the stock

and the same items for the corresponding periods of

to-nigtat
last year

J^une.

11.700
71.600
8,l3ij

1884-85.
Reeeiptt to

July 3
Salves ton

...

Lird futures were depressed early in the week, but on
Ind'nola,&o
Wednesday partially recovered. Yesterday, however, there New Orleans.
was a fresh decline, and thecIo?e was at 6 73c. for July, ti'83c. Mobile
for August, 6i)5c. for Sept. and 706o. for Oct. Spot lard is Florida
dull and drooping, closing at 6i50c. for prime city, 6 75c. for
davannah
prime Westera aud 6 90c. for nliaed for tne Continent. Pork
Br'sw'k,&o

1883-84.

Situe Sep
1, 18S4.

Week.

20,275

has continued to favor buyers but closed steady at |9@|9 25
for extra prime, $11 25 for mess and .$12 75®|13 for clear. Cat
meats were quieter and not so iirm— pickled bellies 6^4^®
5?^c., shoulders 4;8@5c. and hams 9>4@l0c.
Butter has ruled
steady at 16@20c. for creamery, with choice qualiiies not
plenty. Cheese his varied but little, closing very iirm at 5i^@
l\{c. for State factory.
The grass crop is suflferiog from
drought.
Coffees are in reduced stock and close firmer; fair cargoes
Rio are .'^c. dearer at S%c. The speculation in options has
been moderately active, toward higher figures, closing yesterday steady at 7c. for July, 7 10c. for August, 7-1,'ic. for September, 7'3oc. for October, 7'30j. for November and 7-35c. for
December. Raw sugars have been dull and nearly nominal,
but were very active to-day with fair to good refining quoted
at 5'^(».5;^c., and refined at 6'4c. for standard "A'' and 7;8C.
for crushed. Molasses has beeu steady, closing at 203.^@ilc.
for aO-Jeg. test. Teas are dull but Crmer; standard Japans
offered at 2ll4o. for July and 21?^c. for October.
The market for Kentucky tobicco during the past week has
been inactive, the sales of 8om9 100 hhds being reported at
unchanged quotations. Seed leaf his been quieter, and sales
lor the week are only 1,707 eases, as follows: 250 cases 18S4
crop, Pennsylvania, p. t.; 150 cases 18Sa crop, Pennsylvania,
8@13Kc.; 300 cases 1882 crop, Pennsylvania, 8@13c.; ISO cises
1881 crop, Pennsylvania, 6(3 10c.
557 cases 1884 crop. New
England, 15@16e. ; 100 cases 1884 crop, Ohio, S'^e. and 200

TMs
480

456.230

1

10,991
,512,819
223,085
76,tOJ
720,440

316
43
2
17

19
35

510,976

Wilmington..

1

93,610

M'headC.Jic
Norfolk...
W.Point,<to.
New York...

160
6s

Boston
Baltimore

59
81
269

. .

Phlladel'a.&o

Total

355
619

3S8

10,8

I»t.Rojal,<to

Charleston...

Tkii
Week.

38

7,5

It

9,62
551, ISS
233,031
68.021
82.077
41.3851,687

l,642'4.71fi.6^1

191
2

9
16
13
9
1,69

7

502
1,74 s

stoek.

Since Sep.
1, 1883.

591,1
8.474
1,512,274
252.774
42,898
853.502
8,084
417,119
13,702
91,720
12.658
577,529
221,991
107,619
181,267
30,739
64.815

5.779'4,788.42"

1885.

1884.

3.291

2;26«»

1

38,516
6,074
2

09.40Z:
4.C56-

1.757

1,403

1,448

320

873

1,945
4

1,123

220,458
6,310
3,331
4,643

231,8Se
e.sto
4.7SI
10.1&4

28^.5.58'

333.50Z

In order that comparison may be made with other years, ire
^ive below the totals at leading ports for six seasons.
BeceipUi

at—

Qalvest'n.&o.
New Orleans.

1835.

1884.

481

1383.

355
619
227
388

2,956
4,283

196
9
29

3 33
16
1,246

18S2.

2,514
4.869
501

1,309

1.21!)

740
84

1,073

3,425
5,392
19.163

Ac

316
43
17
1C4

WUm'Kt'n, *c

1

Ac.

228
452

3,956

2318

2,572
3,225

1,642

6,779

11,314

9,536

Mobile

Savannah
Uharl'sfn,
Sortolk,

All others...

;

Tot. this

Wk.

92
643

1881.

315
922
419

18811k

170

cases sundries. 5}.,^(§2-ic.; also 1.200 bales Havana, 60o.@$l 10, Slnoe Sept. 1. 1716,«81 1788.420 5904.96i 1630,07.-! 57(13.816
and 200 b des Sumatra, $1 20@f 1 60.
<lalveston luclmles Indiauoia; Charleston inciudtts Port Boyal, Ac
The speculation in crude petroleum certificates was very WiluaugioulncluileaMoreheadCity, Ac; Norfolk Includes West Pol nt.&o ..
active throughout tiie week, and in the early pun there w.is
The exports for the week ending this evening reach a toital
an advance to 96c., due almost wholly to manipulation, and of 27,036 bales, of which 15,551 were to Great Britain, 3,129
causing a few unimportant failures. Yesterday the close was to France and 9,316 to the rest of the Continent, while the
at 90;'4@90J8C. Crude in barrels quoted at 7;8(a7}^o.; refined itocks as made up this evening are now 288,558 bales. Beloir
in Imrrels for export, 8i.^c., and incases Oi^caiO^ic.; naphtha, •re the exports for the week aud since September 1, 1884.
"©'lie The speculation in spirits turpentine has been quieter,
Wiek Ending Julti 3.
tYom Sipl. 1, 1S84, to Julv 3, ISMk
with prices and the tone of the market somewhat unsettled.
Exported to—
Exported to—
Yesterday the market was strong at 37c. on the spot, with
Jfc>iwrt<
Oreat\
Cbntt-I Ibtal
Great
OOHUsales for September and October at 37i.^c.
Rosins are firmer
from—
Brifn.,**^'"' nent. Week. Britatn,]'""^
nenl.
at f 1 20i'<r^l Z-t for common to good strained.
Metals have presented few features of interest At to-day's ISalvestoo
1,010
lS7,ii4s; ,,9.610
64.145
3SI.4IS
8,090 S92.287 293,33e 330.091 i,3i«k«sr
Exchange pig iron certificates were fiat; nominal prices, |15 50 N«w Orleani.
43.130
TOO
MobU*
@|1.5;^ bid,
|16 50@|16''8 asked.
Tin easier, closing
8,S8S
further depressed at 20a5(a21-20c. spot, 19-4.5@10-85c. futures; riorlds.
179,903 ii.Aoe
iMxe
5 tons July sold at 20J^c.. Tin plate strong at 14 25@$4 35. 8«TaQnah
164.211 22.25«
153,615
Copper dull and weaker at 10-90^11-1.5j.; Like, 10-aOM GbmrlestoD*...
Sl.Ki!
14,040
WUmlngtoa...
10-40C.; liiltimore, 10-20® 10-4.5c.
Lead firm at 3 9033-95c. Norfolkf
813.3S0
29.670
8,379
for domestic; foreign, 4-40o. bid. Spelter steady at 410@
i:),86'
472.300 44.890
174,679
ete,
1,119
B.853
Saw Tork...
4>4C. for domestic.
B7« 121
1,798
138.813
BoMon
l.TSe
Ocean freights were fairly active throughout the week, but Baltimore
40.871
xta.
1.209
122.01
8,067
1,2OT
to-day rates showed some depression, grain being taken at 2@
B,81(
751
flO.TIM
Plilla<l«lp'a,ta
7W
Slid, to Liverpool and 3d. to Glasgow and Avonmouth, the
8,&t6 27,026 8,890,003 891.206 l.010,2SC i.7M.a
I5.S&I
2.128
Total.
latter from store.
Petroleum charters have been less active,
ins<»iio Qri-»Q^'
l..\r;
TctKl 1NR<U>4
but late business includes refined to the Oerman Baltic, 38.; to
* IndadM ezportA rrum fun Koyal. ac.
Bremen, 28, 7}^d. and ciude to Havre, 38.
t Inoladei expurU from WMt PolM, Ac.

7MA

. .

„

.

:

THE CHEONICLK

ri!P^-

26

;

to-night also give
In addition to above exports, our telegrams
shipboard, not cl^ea,
on
cotton
of
amounts
foUowins
the
BS
for New Yorfc,
at the ports named. We add similar figures
xaie
which are prepared for our special use by Messrs. Oarey,
ft Lambert, 89 Broad Street.

[Vol. XLI.

TnE Sales and Prices of Futures are shown by the ^ojlo^Ing comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the cloBins bids, in addition to the dailv and total aaJes.
^

1

-

E.
(•Vlday,

AT—

JOOLT 3,

Other

Great

Frane£. Foreign

Bt Haiti.

Coast-

Closing

Leaving
Stock.

Total.

xoige.

1

1

345

New Orleans
Jloliilc

.

Cliarleaton
Bavaiiniili

Galveston
NorfoUt

Kew York
Other ports

None.
None.
None.
None.
Nime.
3,000
2.500

None.
None.
None.
None.
None.
None.
None.

5.845

3.501

Total 1885.

18,478
20,432

Total 1884
Total 1883

200
6,007

Ill

807
None.
None.
None.
None.
None.

3,.'01

5,000

33.752

4,761
None.

6 074
1.403

None.
None.
None.
None.

1.7.57

3,291
1,945

212,458
12.014

8,000
2,500

1

July
paid

736

7,714

1,50

1,213

887

3.799

306,424
349,552

et
The speculation in cotton for future delivery at this
during the past week has been comparatively quiet. This is
due in part to the adjournment from Thursday to Monday,

exposing operators to contingencies at a time when they could
Considerable irregularity in the
not protect themselves.
course of values has also been a feature, this crop, with its
reduced stocks, showing more strength than the next crop.
the market was firmer than on the previous day,
but it is dilficult to say why; Monday it declined sharply, in
sympathy with Liverpool, and owing to the report that hostilities had again broken out in Afghanistan, Tuesday was
strong and buoyant, the foreign advices being generally re-as-

total

total

To-day (the 3d) the Cotton
Exchange is closed, and it will remain closed untU Monday,
The total sales for forward delivery for the week are 161,000
bales.
For immediate deUvery the total sales foot up this week
7,504 bales, including 5,338 for export, 2,176 for consumption,
for speculation and
in transit. Of the above,
bales
were to arrive, The following are the ofllcial quotations for
each day of the past week.

—

—

*;

July

3.

Ordin'y^^lb
Btriet

Urd

.

Good Ord..
G'd Ord
Low Midd'g
Btr.

Btr.L'w Mid
Hiddllng...

Good Mid

.

Btr.U'dMld
Midd'g Fair
Fair

Sat.

mon

8S„

83,8

lived,

Ordln'ysti
BtnclOrd..

S"*
S>>ig

Good Ord..

UH

Tb. Frt.
8»4
811,8

<»'dMld lo's
Uiad'g Fair 1 >4
1

fair

9i!g

1016,8
1^16
I1'6,^

Wed

l«;

R

1

n

Mi3,f

968

1«B,6 106,8
Oil llDHi
lOOg in »8
1013,8 101»ie

0-

«»«
10
106,8

n

10»8
1068
lOlSie 10l»i,

ll I3

S

ilO's

im
lllfg

lias
12

|1138
'12

11
1138
12

:

nion Tuea

Sat.

<

iZi^

M

.yib.

Btrlot OiHxl Ordinary.

b.

s

^

1

tu

,
'

lU

Frt.

..
,

96,8

91°ibI »'»ltt

10

to

ann amu tbaksit.
Oon- Spec- TranporL tump ul'l'n *N, ToUU.

£»

„00

to

g
,

W«Mt

steady
lOiui
Klrni at ijgadT..

Thiu> QnlBt

340

578
00

4i4
6.M

i<5u

3120

SuO

60O

840
1,0«2
i),332

1,270
1,000
.

lotaL

Holi day.

5,32812,176

C^'

1

o

0.

"

Uwi

cno "
e i>^:

e»>-:

1

<

00

5

•<

•-o-.'i

Q

0)

so:

1

s w:

tp-:

C0»
co<x>

'5

tfiifa-C .^
oi
t^ 00

OC"

00 % 00
tCM

^

aw:

1

C

Br-.

OoO

KtoC

cc«

'

-

!r!r

l>

99
to

<

2
><

t:

<1C0
1

9

:

^01

:

1

Ci

JC

EK
^°
coco

co^
1

t

Ci-CoOco
:rE;

00^

aco:

(*

s
2
"^

sto:

5

1

^

K-'^?;
CJ009

<l<,^-»

1

(P-cx)

COCO

.M

cow

^

ob 'i,

OL

99
,u*1

(
-5

2
'^

1^

g

».«':

«

t

1

65":

1

1

C09

1

K(=.^

^

5 99 <
6cD
*

"J

»,ii^:

COtOjCO

2
''

CO
1

CC

'

9o>;

COO'S

^
g,

5

cD-i)

2

C

CCCOo*
6c6-Qo

0.":

1

s

0.0.

CCQD

01

COVi

CO

CO©

5"

coco

5

"

CO*J

**

coto

''

>

»»:

1

toto
coco

5

COl*.

*<

9

:

2'-S°S

000
1

a

coco

1

5

:

1
?

5 ^
a
2

cccoS--e

OCQO-ab

COTo'-O
C£ 6 - cc

1

coco
coco

coco
tito

t.^

-1

f-j

oco
co»

5
2

1

*
5
*

e°>:
tOCOCCD
1

Cj

«.«;

*

ceo

N
-J#*
a,*^:

sts:

ace:

^
b

> s

coxCob

CCCo";

g

1

^
'

c66

tO!Co»
CO X

1

1

obobOrjJ,

5

<1

1

:

00

OoGtCob

1
^k.

coco^co

1

diOcp
0<«5

s

CO;, CO

a
**

5
2
^

COCO
QCCD

^

ar.'^:

5'

5

H.

90?
to- to

CCCO

1

gl

^

cD'ob

^

«r:

1

to

»«>:

CCCO

CO

"

1*-

^*-n
Co«
toOtO

s*

5
99
toto
2

coco
5
obc»
2
"
tOr^
»."":

to-x>

'^m
MtO

2
^

>->-'
Oi,t*

»*•:

CCC-1

>
5

CO'il

'O

<

cto
iob

tt^

>
5

CO

99

<owc 6

coco

I**

a

66C605 co»c6
ODOD
C»

H-V

«r'

to
Is

S

COCO
coco
-gCO

«.'-':

^-

1

00

>•

•^

bi(^

O'Ci

,_,

to

CO

©

CCtCo®

&r:

,

ta

5

toto
cctO
CCCO
1

1

CDCOq CO
CO V>^ CD

1

"^

9
1
§0 oog?
cisco^co

HMcc-'

co-a

M
>
!q

1

cocoOco

l-Jo
1

^?
WW ^
2
ODO

5'

a
3

2

i
1^

M

M tt-^^:
w
1

OCO^CO J g
!0 C ^
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9
CO
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ioa>
^ CD CD
hj
(-^ >
l-<? 00 ^ 99 1? 90 < ^
S CO » 00 2 CO 2
^ s*
(OOO
00^
too

(Ottc®

•XI

ci

0>

Ccift.
,

:

l*-CO

C;-

!>.

?s ? 5|
6
66
«S S" ».

1

-?«
S-1
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»-';

H»-t3*-'

oogo
c 606
CO

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9
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:

0,

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:

0.

;

to

1

HI

:

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.

i

A
^
•

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go ®
0,1

ai

'

w
M S:
1

1

8

:

1

'

:

•

1

'

1

i

<

'

«:
1:

1

^-

%,— <,—

^
is

1

»

:

1

"^

'»

«>-

i

®

1

:

cO 000 =
^
9i
UK^bO
Om-1 Mfc- — 9to9
to

1

1

f-*

'

C

*^

'^

:

1

s
.

<i

•

Co:

h-^ ^
? 9? ? 00 5 ss ? 99 !?
K-ro
coto
» to CO
9
to to
2
2
t
X Coio
K-QD
Cif
tC<)

lil

:

e

coo

tc<,

»:

a

',

1

"^

I

:

66ot. o6«6 M-Oo
CDX 00
<
5 99
? 00
-^ 52 99
s 1-^ »
1
X
-0

:

1

M

.

'^

a

Gi^
OOc«
ocoo M—
1

W-f-lM)^

1

1

5,

M M
CO

:

•

1

"1

to
-J

'

1

1
1

o=>
CtO

«
.

CO
I-

1-

:

0,1-'
'

1

:

la:

OhO

1
'

-1

1

19:

:

1:

1

:

totoOto
oicn

>

^
g

'

1

a

oO oOoO

!

<
S

1

i--^!-;

1:

")

s
:

CO

**

1

^

9
,

CO
CO

'

t

:

ro^
09
Oco
cc

!>•
1

1

1
1

'*:
1

li

-4

g
•

|9

^

<

«

!«;:

1

Mi|

luviuatse aaitie lu oepLoiiioer, itjo-i, lui stpuiiuutjr, L&a.'Z<ju

;

aepcetu-

Ber October, lor October, 4"i 1,800; Beptt-mlier-Noveinber, for November582,200; Se|«teiulier-L)ecembBr, for December, 967,800; SeptemberJanuary, for January, 2.114,1<hi; Sepleuiher-Februarv, for February,
l,95«,200; SepteuibBr-Marcli. for Mar.h, 2.29*,100; September- April,

Bepiember-May, for May, 1,878,500.
We havo inciuaoa in cite auuvt, Lauio, tkua snaii oontlnne eacb
to give, the average price of futures each day for eaob month. It

lor April, L,7d8,5 10;
Bale*.

tnu.

28,500!
200
.'3,400 2,300
33."O0| 2,100
2i.4'K)

2,700

21,luu{ 2,3ou

C^

week
wlU

iie found under each dai f jllowlng the abbreviation " Aver. '
The
iverage for each month for the week Ib also given at bottom of table.
IT;tnaferabie Orders-flaturday, lO-JOc; Monday, 10 30o.; Tuesday,
10-40O.; Wwiueoday, 10-3flo.: Thurwlav, 10-350.; Friday,
0.
Shoit Notices fjr July— Wednesday, 10-36o.

The following exchanges have been made during the week:
7,504 lei.OnQi 9.6OU

^^

""""o »™ actually doUvered the
..2l!?™^.li,2^i"'*"*!^.'5l'?
day
pfVTlcma to UiM un which they an reported.

^^

00 ? 99
®
Co
CO

(>•

1

&00
2,'-

'

>.
!?

9"?

5

K-

to-

day.

I

Qnlft and steady

»00 ><
»toj^

9|
Oto
CO

li

toxo«>

§

Holi-

PDTDKBg.

IJ

a

toto

MMto'-'

^

CO

1

»A1JM oy

1

®:

5"

to

1

total Balee

BFOT MABKBT
OIXWBU,

1

00
1

to

I^CtO

^5

CO

•

8-16
9»8
10

:

:

©*-

OCo©

'•

8«.8
938

81s
»6l«

n

:

1

"3

1

= OOcO CCoO
Co© CCcO cco
ifci^OnL.
io.,p.C|(L
CorfiOco

o«c

7''8

8>i
»6|8
9'5ig

1

a

00
^^
1

to

12

Th.

>

?
3

if--i

QO"-*

USft

Wed

1

CO

CO

IC

ar"!
**

s "1

11

and future dehveries each day during the
week are indicated in the following statement. For the conTenience of the reader we also add a colunm which
shows at s
glance how the market closed on same days.

Mon

:

CO
x^

^

HAREST AND SALES.

Turn

^

tf-lf^

10

1

1

1

:

1

Good Ordinary

The

1

05K.

Frl.

106i„
U'ls

1

IS;

:

<=9
(

^

H

3

occ9
CCcO OOcO COcO (--ojX CO

P3a
bi»i8
9»s

^
5
;a

g- SI to

OJ

1

1

CO

"g-c^o

Ot

I--

il^

83«

s:

CO

gt'-'vS

27

«;

'

U3ob

S"

«

K
8
^l
.u

h*i

Th.

t-QO

>

00

10C

Mi„

H

(ran

29-

«

1

CO

^

c

10

10

IPg
STAINED.

I.0W Alldiliing,...
MlddlliK;

10^

loV

8iau

9V

Bti.L'w Mid 103s 1103^
MldOliug... IO13
loi«
Good Mid.. 10>>i3l0>>i8

9''}6

915,6
lOi*
lO'ls
10»,„

June

(ran

61^^

86,8

Tb. Frt.
8^

888

Bh-.U'dOrd Vf,
g^B
Low Midd'g 103,g lua,.

Bu

Wed

8!t»

86,8
86,a
sail
n>H
85,
9»,6
9»,,
9»,8
98l6
916,8 fll»,8 91B,8 9'6j8
I..I4'
1014
lOH
lO'ig 107,8 101,8 lO'ie
109,8 10»ie 109 8 11
10% ^«!H 10^
IOI618 1016,, 1016,8
116,!°
116,8 116,;,
ll'°lt ni6i. Ill4l8 1116,6

June

30

K-

1

ps-sl

|

86,8
8 -41

l-

CO

NEvr ORLEANS.
TEXAS.
Tnes| Sat. mon Tnes| Sat. Mon Tue«
85,8

2.;

i

1

83,8
85,8
S»8
!i»R
H!W
8«h
91,8
9^16
91in
9iJ,e 913,. 913,8 915,,
lOls
lOlg
10>4
10>s
106,8 1105,8 lO^ie 107,8
lO'ie loliB 101,
109,,
1U»«I
110=8
H'»s
103,
1013,6 101.1i« 10ii>ie 1016,,
113.8 n3.„ 113,; 116,;
1113,, lll4, 1113,Jlll6i,

Ki

;

H-*

10

UPLANDS.

,

(ran

CO

CDob

t-»

lOJ^^c,

—

paid

paid

(ran

(rang

:

"'T^
O.'

ill

July

2-

0;

suring.

dling uplands closing at

total

total

total

total

paid

paid

(rang

;

On Saturday

Wednesday opened irregular, this crop advancing
slightly, but later the demand almost whoUy subsided, and
the close was at a small but very uniform decline. Yesterday
there was a slight further decline, and business was nearly suspended. Cotton on the spot has been in fair demand for export
and home consumption. Quotations were further advanced
l-16c. on Wednesday. Yesterday, the market was quiet, mid-

Closing Prices .^ales,

3—

WW

•t

273,094

27 078
26 SSI

.1

Satnrday,

ales,

June

<<

no

<1

15,464

Closing

P'ricespaid

July

Ill
None.
None.
None.
Nolo.
None.
None.
None.

Sales,
Closing Prices

Closing Prices

Closing Prices

Prices Bales,

Monday,

Pnesday,
ffedn'ed'y,

Bales,

Bales,Chtlrsday,

On Shipboard, not cUared-for

^^

•08 pd. to exoh. lOn Deo. for Oct.
•25 pd. to exch. 1,0(XJ Sept. tor Aug.
•11 pd. to exoh. !400 July s. n. 2d
tor Angust.

j

|
1

-lO pd. to exch. 1,000 Julr for Aug.
li pd. to exuh. 100 Scut, for July.
-OiJ pd. to excu, 300 Jiuy for Aug.

O

July

:

Thk Visible Scvplt of Cottoh t<vnif;ht, aa made up by oanle
telo^craph, is as follows. The Continental Btockn. as wull ac
those for Great Uritjim and the afloat, are this week's retiirni',
and coiia«xiuently all the European fi)?wre8 are brouKht ilowr
But to make the totals the cointilott
to Thurs<lay evening.
flgursB for tonight (Julv 3), we add the item of exportn trca\

and

the United State6, incluiung in

it

the exports of Friday only.
1883.
871.000 1,007.000
^6.90O
ftS.OOO
1884.

1885.

Btook at Mveroool
Stock kt Loudun

fl<W,000

balei.

22.000

Total Cirrat Britain Btook
Stock at [Iitiiihiirg
Stock lit Hniiucii
Btook lit AiiiHtmlam
BtwK lit Roii.-nlam
F'

4,1X10

40,300
l.'i.oOO

400
184,000
4,000
61,000

UOO
2,500
227,000
C.OOO
C9.000

ll.oOO

1 (.000

7,000

12,000

I,.'i00

1.8
iia

1,

Block

:

T,
Indi..

!-•,,•.

•

—

Uiiili

ii

at;ii<-.s

i.'JO.I

coo
127.000
1..100

27.01)0

AmerloanaHoat

for Europe...

Trailed Status stock
TJnltedatates Interior stocks..
United States exports to-day..

Total American
X<ut Initian, Bratil, tfcUverpool stock
London stuck
Continental stocks
India alloiit for Rarope

80,000

12 2.000

1(1.000

Total East India,
Total American

Ac

214,700

e.'s.-zoi

3,500

2.1)00

7,000

.'..OOll

041.000
21n.000
82.000

2H1.000
80.000

28•^..^.")S

333. '.02

740,000
242.000
122.00)
375.8S3

30.O.'7

31.280
2,00J

t5,20l
7.000

.^81.000

290,000
58.000
170.500
321.000
16,000

117. -200

186,000
5,000

25^.000

New

36,161
."i.Oi^u

350,001

iwi.OOO

ri3,R00

137.000

133,700

26'(.000

3liO,OOU

42.000

23,000

10140.

llleo.

lO-sc.

ports this

12'8e.

week have been

bialea.

The above

figures indicate a decrease in the cotton in sight
bales aa compared with the same date of
1884, a decrease of 473,699 bales as compared with the corresponding date of 188il and a decrease of 93,699 bales as
compared with 18S2.

to-night of

At the

33il,00!5

Interior

Towns

—that

movement

the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the correspondinjj
period of 1833-84 is set out in detail in the following statement
the

is

—

S =«-?
E i

t?

f.

§
ES2.

so.

a

t3

ta-jap-i

I

a?-'ri^-* ,-3?3? O

g-

~v

B

E;

r-

CM

01

tO>]~J.

I0»3

^

10

10

10
10

lO'u

101,6

lOl,.

101,6

9I6,(
101,6

10
1014
10i«

10

10

10

10>4
10>a

10
1014
lOls

10

lOU

1014
1C"«

10>4

10%

10%

10%
10%
10%
10%

..

1(I4>

103a
ll»4
1014
10>s

Louis

10^
10\

10^

—

Bt.

10i«
lOOg

1<">8

PhUndolpliia.

Memphis

91J„

Utncinuatl...

lOVaH

10%«!t|

l..\

103»

lOSs

10%

lOU

10>«
10>4
10<s

10%
lo^
lOH

1014
10>9
10J«

10%

lionlsville ...

1III>H

9'»I8

10%

.

IH.

10)fl

....

10».<*H

10^
10%

10>e
10>4

10 ••

1019
10>4
10>«

10%

10%

10%

10 •«

Amount or Cotton in Siqht July 8.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to July I, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
1884-85.

1883-84.

1831-82.

1882-83.

Hecelpt,a at tlie ports to .Inly 3 1,710,081 4.783,4^0 >,901,9<>2 1.630,073
Interior stock.i 011 .luly 3 lu
'11,633
16.401
58,162
*2,,582
excess of September 1

Tot. receipts

Net

from planta'tns
Julv 1

ovcrlaiiit to

Boutlieru couiiiuupt'nto July

1

1,7.13,03 2 4,77o.787 5,96S,I21 4.627,491
«37.«98 464.336
60>,566 .S73,6 '

292.000

2iil,0w0

3I8.0OU

229,000

5,.5U9, 643, 5.642,392 6,91 8.8 i2, 5.320.827

Total In sight July 3

Northern spinners' takings to
Jnly 3
... 1.328,017 l,S0n,43I 1.673 628 1.563,613

Deere 'SB from S^ptemliKr I.
It wiu be seen by the above that the decrease in ainnunt in f4^ht
to-niKlit. as corupared with last year, is 42.714 bale*, tho decrease
rroin ls32-3i la 1,319,174 bales and Uio iucrease over 1881-32 la
278.321 bales.
*

Weather Reports by Telegraph. —The weather

continues-

In some sections the temperature has been lowrr than desirable during a portion of
the week, but as a rule the conditions are very satisfactory,
and the crop makes good progress.
Oalveston, I'exis. We have had rain on two days of the
week, the rainfall reaching twenty-three hundredths of an
inch. Average thermometer 85, highest 90 and lowest 76.
Rainfall during the month of June three inches and twentysix hundredths.
Indianola, Texas. There have been light showers on two
days of the week, the rainfall reaching five hundredths of an
inch. Crops are good, but need rain.
Average th«rmometer
Rainfall for the month of June
83, highest 93 and lowest 76.
twenty-six hundredths of an inch.
Palestiut, Texas. We have had showers on five days of
the week, the rainfall re iching thirty-six hundredttis of an
generally favorable at the South.

—

—

HHW"??3

10

lO'is

lOifl

I

855.500
7(il,9J0
935,500
1,293,085 1,317,738 l,56l,0S4 1,008,431

Hf The imports into Continental
«2,000

10

8O.0i;0

557,200

York....

10J«
016,6

140.000
£5.">.32.1

1,2!»3,035 1,317,788 1,501,084 1,003.484

227.000
22.000

.

WUtnlngton

OH—

10 Ig

91»,g

.

rA«r».

4.'>2,000

Total visible supply
1,850,285 2,173,283 2,322 931 l,943.i>84
ia''g\
66,«d.
Pric«Mid. Upl., Llvernool....
Sl'i-d.
5»i.d.
Price Mid. Upl.,

.

Boston
Baltimore

3". 1127

;i3:(..')

3.500

Effypt, Brazil, die, afloat

Orloana.

oorroM

Wedna.

Tuet.

10 >8

Moliile

a.soo

Amencnti—
bales

Now

mDOURo

Mm.

Satur.

...

Snvnunati
Obarleston
Norfolk

Total visible supply
1,850,285 2.173.268 2.322.081 1.913,984
Ottbcabove. tUetotaU of American imdotberdesorlptloas are an full jvv-s:

LiTorpool stock
Continental stocks

Oalvoston

qi70TATiom FOB

oi/>BTNa

Wtek ending
July 3.

1,70(1

:

2.'i3,(23
3(>.l6t

i\i>.u (9 lo-day..

;

14.t!0n

42.U00

lowns..

t-

we give the closing ijuotations of middling
Southern and other principal cotton markets for eoon
day of the past week.

(x>tton at

;!,.ioo
2(1.5 'JO

12
3l,2'('!

:..(PiMI
2S.S.'i.")'^

!,

379,000

Quotations for Middlino Cotton at Other MARKBTfl.—
In the table bolow

0,1,800

90%,S0li

110.000
23.000

! |>0

H

19.000
12.0 DO

812,000

vin l,38^,.'^oo 1,442.900 i,i2i,'-.ort
:i(ii).ooo
i;«8.ooo
321.000

imrt*..

r.

mo

1HS2.

27

bales Itss than at the same period lost year. The receipt* at
the same towns have t>een 1,036 bales lesg than the same
week last yf^ar, and since Saptomber 1 the receipts at all the
towns are 'J36,S02 baloa lesi than for the same time in 1883-84«

AnKusta
,

Anil"
^

2,

8.100
141,000
»,900
96,000

454,noo

36J,200

Continental stooka

Itotal

929.000 1,06S,«00
3.U00
4.100
6l>,<i00
ao,70o
uo.ooo
61,000

800,000

.

11

(BKH
BtOl'K

.

THE CHRONICLE.

1888.1

4.

.
.

:

:

:

;

a»,& »; go: c.

•

*.10

.

Oit^MM

;

frfi*
u '1

*.

I-*

2

OS

W r- I—
C ^ *- C *. CO

OD tO -t-

—

.

-»

O

inch. Wheat harvest is ttni-ihed. The corn, cotton and fruit
crops are excellent. The thermometer has averaic-'d 81, the
hiKhest being 93 wnd the lowest 6S. Diirins? t'le mxith of
June the rainfall reached one inch and foriy-nine huridre iths.
Huntsoille, Texus. It has bee showery on two days of the
week, the rainfall rewhing forty hundredths of ai inch.
Crops are sploi did. The thermometer has averatcel 81, ranging from 69 to 93. R linfall for the month of June one inch
and forty-four huntredths.
Luting, Tecas. The weather has been warm and dry aU
the week. Crops are good, however, but need rain, though
they are not suffering. The th-rmometer has ranged from 75
to 9.3. averaging 85.
During the month of June the rainfall
reached forty-four hundredths of an inch.
(Joliiinniii, Texas.
We have had warm and dry weather
all the week.
Upland crops ara very fine. In the overflowed
Brazos bottom the corn crop is lost and cotton has been
replanted. Sugar-cane appears unhurt
Average thermometer 83, highest 93 and lowest 73.
Riinfall for the month of
June fifty seven hundrdths of an inch.
Brenham, Texas.
have had one pplendid shower
during the week, hut hardly enough, though all crops continue very promising.
Th.) rainfall reacheil seventy hundredths of an inch.
The thennorae er has averaged 83,
ranging from 67 to 95. The rainfall during the month of
Jun" reached one inch and twenty hundredths.
Belton, Tecas.
We hnve had ram on two dsys of the
week, but not enough to do much good. The rainfall reached
four hundredths of an inch. Crops are good but n ed rain,
though no serious damage has lieen done. The wheat harvest
is alx>ut finis lerl.
Tne thermometer ha,s averaged 80, the
higliest being 96 and the low>-i>t 63.
Raiifall during the

—

i

—

if to',

<D 0> lU K' ;^

OM

V'<b.

COM

i»-

M MO.

Ci^OytO — COUiOOX-

"^-*>-©35t03S

coco

*•

!

c-j; om;
w-ji ^o^^

:

M>

t^

oo^-4'^M03eo»-'i
•o** COO'S
O)

u 0}

Of

to
00

;;<

ICC^.

yoi

X V*

:,»

deareoisfid

-^

tfk

«-•

=1
CO*

ta

M

0« •» CO

W to » •- ^ W ^ SC

i^O'*fcT.oyaDW

;>«

O C O JO — 06 00

QO :d #»

CajJ

fr*J

^.^rr2

M

O-

O^Qotr

—

^ M to ig

MaiA-r —

^C03|
ooo**wrw

—

—We

•-

0DO«f^3L»XWOXy«ytXrf» — *JJ't3'j:0S

CO.

— Os>V0>
— eo a K

The above

L^

tw

o *» O — "-

•

M*
ojooccodm:

03 -^

*^ ^

month

show that the old interior stocks hn^e
during the week 2,181 bales, and are to-oiKnt 1,259
totals

of June fifty-seven hundredths of an inch.
Vieattierfurd, Texas.
The grain harvest is being finished.
Rainfall for the week sixteen hundredths of an inch. The

—

THE CHRONICLK
thennometer ha3 ranged from 56 to 91, averaging 73, During
hunthe month of June rainfall three inches and seventy-one
dredths.

,

,

,.

,

,

iU

-

three
Dalla.i, Texas. —There have been light snowers on
days of the week, the rainfall reaching twenty-three hundredths of an mcli. The wheat harvest is nearly over. Other
Average thermometer 81, liighest 96 and lowcrops splenciiil
est 66. Rainfall during June six inches and thirty hundredths.

,

X,

,

f

[Vol. XLI.

latter portion has been clear and pleasant.
The rain fall
reached seventy -seven hundredths of an inch. Average thermometer 76-5, highest 91 and lowest 59.

Wilwn, North Carolina.— Wq have had rain on two days,
the rainfall reaching sixty-nine hundredths of an inch. The
weather has been too cool part of the week. The thermometer has averaged 77, the highest being 90 and the lowest 58.
The following statement we have also received by telegrapn,
showing the height of the rivers at the points named at 3 o'clock
July 3. 1885, and July 3, 15.S4.

Orleans. Louisiana.— It has rained on three days of
the week, the rainfall reaching sixty-seven hundredths of an
July 2. '85. July 2 '84.
inch. The thermometer has averaged 82.
Feel. Inch.
Feet. Inch.
Bhreveport, Louisiana.— Haiaf an for the week forty hunBelow lugU- water mark
4
Orleans
4
H
7
dredths of an inch. The thermometer has ranged from 69 to New
Above low-water mark. 21
Memphis
4
17
7
96, averaging 80.
Above low-water maik.
NasUville
5
7
4
1
Above low-water-mark. If*
Columbus, Uissfssfppf.—U has rained on two days of the Shreveport
2
17
10
Above low-waier-mark. 34
2D
1
8
week, the rainfall reaching ninety-six hundredths of an inch. VlcksburK
Season is generally favorable, and crops with few exceptions
New Orleans reported below high-water mark of 18T1 un il
has averaged 78, the highest being Sept. 9, 1874, when the zero of gauge was changed to highfood. The thermometer
rainfall
4 and the lowest 60. During the month of June the
water mark of April 15 and 16, 1874, which is 6-10th3 of a foot
reached four inches and thirty-six hundredths.
above 1871. or 16 feet above low-water mark at that point.
of
'Vfe
rain
in
the
early
part
had
Meridian, Mississippi.—
India Cotton Movement from all Ports.— The receipts
the week, but ihe latler portion has been clear and pleasant.
the nights cool. The ther- and shipments of cotton at Bombay have been as follows for
warm
but
been
The days have
the week and year, bringing the figures down to July 2.
mometer has ranged from 63 to 86.
BOMBAT RBOEIPTS ASD SaiPME.TTS FOK FO08 TEARS.
Leland, Mississippi. The weather has been cooler than
usual during the week. It has rained on three days, the
this week.
Sni2)inent8 since Jan.
Shipments
Becetpts.
The
rainfall reaching sixty- eight hundredths of an inch.
Oreat
OonllThis
Tear Orent Contithermometer has ranged from 61 to 87, averaging 75'4.
Total
BrU'n nent. Total Britain nent.
Wtc/c.
Little Bock, Arkansas. Telegram not received.
Helena, Arkansas.— It has rained on three days, and the 1885! a.OOO 5,0"0 14.000 205,0 X) 413,030 618,000 11,000
remainder of the week has been pleasant. The rainfall 1884' 2.000 16.000 l-',Ono;460.<)00 67!).O0O 1,039,000 lO.UOO
reached thirty-eight hundredths of an inch. Grasshoppers 1883 25.0COU,Oc>o'36.000U3 0i)0 748,000 1.161.000 9.0(10
1882i t»,')0'j| 9,000117.000 6-)7.000|551.00J 1.238,000 10,000
are repoited to be doing damage in some places, but more to
According to the foregoing, Bombay appears to show an
corn than cotton. Crops are generally promising. Average
thermometer 78, highest 89 and lowest 66. Rainfall for June, increase compared with last year in the week's receipts of
1,000 bales, and a decrease in shipments of 4,000 bales, and
two inches and seventy-five hundredths.
Memphis, Tennessee. We have liad showers on four days the shipments since January 1 she w a decrease of 391,000 bales.
of the week, the rainfall reaching fifty-three hundredths of The movement at Calcutta Madras and other India ports for
an inch. The weather is quite cool as the week closes. Crop the last reported week and since the 1st of January, for two
" Other ports" cover Ceylon,
develops promisingly. Thermometer has ranged from 64 to years, has been as follows.
It rained on fifteen days during the month
93, averagmg 76.
Tuticorin, Kurrachee and Coconada.
of June, and the rainfall reached one inch and fiftj-tspo
Bhipmenttfor the week.
Shipments since January 1.
hundredths. The thermometer ranged from 61 to 96, and

Sew

—

'

—

—

averaged

79.

—

Nashville, Tennessee. It has rained on one day of the
week, the rainfall reaching forty-eight hundredths of an inch.
Receipts this week are from Memphis and Shreveport. The
thermometer has averaged 75, ranging from 58 to 89.
Mobile, Alabama. It has rained hard on one day and has
been showery on two days of the week, the rainfall reaching
The crop is developing
one incli and nine hundredths.
promisingly. Some localities, however, complain of lack ol
rain, while others say that weeds are becoming troublesome.
Average thermometer 79, highest 93 and lowest 64. During
the month of June the rainfall reached four inches and fouiteen hundredths.
Montgomery, Alabama. The ejrly part of the week we
had rain on one day, but the latter portion has been clear and
pleasant. The rainfall reached twenty-three hundredths of
an inch. The days have been warm but the nights cool. The
crop is developing proraisintjly. The thermometer has averaged 80, the highest being 95 and the lowest 63. During tlie
month of June the rainfaill reached four inches and th rtytwo hundredths.
Selma, Alabama. The days have been warm but the
nights have been cool during the week, with no rain. Crop
accounts are less favorable. The thermometer hii.s !ivera"-ed
81, ranging from 70 to 93.
During the month of June the
rainfall reached one inch and thirty-nine huadiedths, rain
falling on ten days.
Auburn, Alabama.— Vie have had slight showers on t^)ree
days of the week, the rainfall reacning only two hundredths
of an inch. Days have been warm and the nights cool. The
thermometer has ranged from 595 to 89*5, averaging 76-5.
Madison, i^tortda.— Telegram not rrceived.
Macon, Georgia
have had no rain all the week. The
weather has been very cool, and cotton remains comparatively
small and backward, but vigorous,
Columbus, tfeori/ia.— Rainfall for June five inches and nme
handredths.
Savannah, Georgia.— It has rained on five days and the
remainder of the week has been pleasant.
The rainfall
reached iwo inches and thirty-eight hundredths. The
thermomeier has ranged from 63 to 95, averaging 81.

—

—

—

— We

Augusta, (Jeorgia.—We have had rain on two dayi and
tne
remainder of the week has been pleasant and fav, rab'e
The
rainfall leached ninety-two hundiedths of
an inch.' Crop
accounts line. The thernu meter has ranged froiu
62 ti 97
averaging '.H. During the month of JuLe the
rainfal. rea" .ed

two inches and eighty hundredths.
AtlanUi, Oeor^ta.— Telegram not received.
Charleston, Houlh Carolina.— We have had rain
on four
"^"^'^^ reaching eighty-six hundredths
o?2.Ynr.? *Th •I'"'
thermometer has averaged 80, ranging from
to 96

m

CWttwWa, South CaroUna.-T)urins the month of
June it
'•^•"^ ^""' •-»>- -'l
Sn^hnrund^edtr.'*'''''""'^'
.^'*wf''' ^^^^J'arohna.-lt rained heavily on one day
and

1

ghtly on two days in the early part of
the week, but the

Oreat

Oontinent.

BrUain.
Oaioutt*—
1885
1884
tfadras—
1885
1884
\\1 others—
18H5
1884

Great
Britain.

Total.

Continent.

15,000
41,200

12o,70«>

13,000

i',6bo

14.6JO

23,100
13,500

23,100
O.ioO

46.500

81.500
111,000

38.400
SJ.OOJ

119.900
16 l.OOO

51,401
87,500
4,0

6,000

6.000

"too

Total.

t>UO

6»,40O

W

4,000-

2.1,700

Total all-

6 0)0

6,000

1885
IS84

bUO

"(iTo

The above totals for the week show that the movement from
the ports other than Bombay is 5,40(1 bales in>re than same
week last year. For the wliole of India, therefore, the total
shipments since January 1, 1885, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FUO.M ALL INDIA.
1884.

1885.

Sh'nments
u> all

ThU

Etu-ope

from—

Bombay
All other ports.

1883.

Since
Jan. I.

week.

14.ot0

C1«,OOJ

Ih.O >0 l.i);<).00o

i-.OJii

119,')0i
767.1) iO

tiOJ
1

ThU

Since
Jan. 1.

week.

2'>.0 «

Total

ThU

'.•iOO

1

Siftet

Jan.

week.

I

ae.'ioo 1,161.000
4.7o0j
U» OJO

do.ooo

l.205,0>O

40.700]

1

,200

OOO

This last statement affords a very interesting comparison of
the total movement for the three years at all India porta.
Alexandria Receipts and Shipments. Through arrangeCo., of
ments we have made with Messrs. Da vies, Beuacm
Liverpool and Alexandria, we now receive a weekly cable oi
toe movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
orresponding week of the previous two years.

—

Alexa^"^ria. Ijiuypi.

J.dU

1884-85

1

&

188V -8b.

lF'83-84

Secelpts loantars')—
This week....
^lnp*»

Hppt.

1

t

^eis oco

This
Since
week. Sept. 1.

2, :5iood

2,64 i'ooo

ThU

Since
week. Sept.

week.

1,

«ef>(.

1

Exports (bales)—
I'o

i',6'i6

298.000
199,000

251,000
s,6b6 13S,tOO

I, too

497,000

3,000 389.000

fcjiverpooi

To Continent
Tot«l Enrope

1,000 234,000

86,000
1

1,000 320.000

t UevWed.
A oancar Is 98 lbs.
This statement shows that itic receipts for the wtwk ending^
cantars and the shipments to all Europo
Julv 1 were

1,000 bales

—

Manchester Market. Our report received from Manchester
give the
to-night states that the market is very firm.
prices for t>-day below, and leave previous weeks' prices for
comparison.

We

a

Jin.Y

4,

.

THE CHRONICLE.

1885.]

1884.

1889.

anibt.
8MrHng$.

•i:^d.

Hiky
<•

1

4.

S'ImSS^

8 31

«a8»8

" l^ 3ljA«8N
" 22 3
" 29

».

A.

S
5

6

S

»8''iH S S
Ilo IliUy

a.

(1

96
96
96
96

10
10

Oott'n

Mid.
Upllt

fti»l«

8H<*«.

Iwiti.

MtrUrifff.

10

»'»«

1)

»">!«

1.

A.

«.

9 »>4'5
9 ni« S
9 !>"« »
8a, 9 9«<!3
8^ 9 0>4 B
sat 9 9>4 9
^H » eWi

R.

Hid.

UpU$

d.

8i.j»7

8>g97

3
3

«"•
63|(
614
O'la
(i^

ftl5,„
8>«»7 3
596 B
0^
Junes 8 a!j»i« A
,2
H>«»7 mi C1,g
ftik
»»*"i« 5 S 96
^4
»>«'»
7iai»7
1
IM Tl'ib-I'ifl 5
»
»«11
M'l, 9H
" 2« 7"i« 87, S
»»»
96 11
8»H 9 9'»8 7 97 1
«»l«
giy,
pigS
All,,:
«
7
«7
I
6»!,
a
a
&
96
11
July
T-a fiH'iComparative Port Rbceipts and Daily Crop Movement,
A comparison of the port movement by weeks is not accurate,
OS the wi<eka in dilToront years do not end on the same day of
..

It

rt

••

l-;t|mll«

Ttar Betfinning SepUmber
18B4-S3.

1883-94

1832-83.

31.^.443
813.812
326.651
eept'mb'i
October. l.Ot»0,38J 1,046.092
930,3S1
Vovenib'i 1,122,161 1,030.380 1,094.697
Otmemti'i 1,10. ,211 1,050.653 l,ll2.53ti
J A luary
475,737 487,729 752,827

February

Uaroh...
AprU....
•toy
June.

261,143
1«3,.W3
103,37j
35,575
14,23i»

383,939
241,514
111,755
43,91*
31.6S2

695,59^
482,772
281,5111
18.'>,32a

78,501

1981-82
429.77r
853, 19j

1.

1880-81.

1379-80

974,0i;i 1.006,501

333,613
883,492
942.272

996,807 1,020,801
487,727
871,701
291.99L572,72257,099 476,58117,595 284,21t:
190,054
1 13,373
131,871
68.679

647,140
447,918
261.913
159,025
110,006
88,455

453,47t
983,31-

956,4ti4

Total year 1716,103 4,784,473 j,894.Zie 4.620 487 5,681,231 4,837,328
Pero'taKe of tot. port
receipts

June

30.

08 64

97-91

97 88

93'72

96 71

This statement shows that up to June 30 the receipts at the
forts this year were 63,3.70 bales less than in 1883-84 and
,178,113 bales less than at the same time in 1882-83. 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:

f.ir

Port

ill

.N'nilbcrn

Juno

(

)ll,28ii

|

r23,'i.l7

3,777.621 3.72.",,7»

305,752

takluKH to Ju'y 1... l,32d,«28

July 1
10 monllia

261,OJU

HoiitliPiti .xpliinnm' tiikUiKO to

Uvorlniiil to CiiniKlu for
eliidi-d 111 net o^lMiaIHl>

1

(in-

1883-34,

1882-83,

1881-82.

1880-81

I

26,37»

nunit North and South in 10 luouths
.stoi^k at North'n Interior ludrketji July
Came In Hii^ht during June.
Amount of rop In kIkIiI July I

21,001
36,0761
12.73n
1.40.%
6,667
7.872
29,187
10.189
71,709
^,600,169 8,639,07 6,912,93g
4.16.^

.'*.279

1

i

48217
499 27
4«003i
Jute Butts, Baooinq, &c.— The market for bagging has
been jairiy busy, though no particular activity is reported.
Tiie demand has been of a jobbing character, the orders coming to lianil being for the present wants of consumers. Scarcely
any incjuiry is noted for large lots, buyers holding off; but the
aggregate amount of stock that has been worktd off in small
parcels is fully up to tlie average for this season of the year.
Prices are steadily held, and sellers are quoting 9c. for \% lb.,
93>^c. for V^l lb., lOJ'Xc. for 3 lb. and lie. for standard grades.
Butts have oeen neglected, and beyond a few small parcels we
hear of no transactions. The sales for the past month have
Averaee welitht of balea

been about ri.OOO bales, to arrive here, at l/8@2i.(c. as to
quality, but the close is a shade easier, and paper grades are
now quoted at l''4(rtlJijC., while bagging quality is held at 2@
2'4C. The stock is now 67,300 bales, which, with 71, .WT bales
on the way, gives a visible supply of 188,807 bales, against
808,47i5 bales this time last year.
SHIPPING News.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
26,950 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
With regard to New York we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Thursday
night of this week.

Nbw Yoek—To

Liverpool, per ateamerg Auranla,

Total bolt*.
Bessel,

460

Tot.Jn.30 4,716,103 4,731,473 3,894 216 4,620,4>57 5,631,281 4,837,328
July 1...
104
1.945
S.
2,405
3,402
1.004
'•
2...
214
193
8.
3,185
2,701
2.902
" 3...
260
695
2,287
1,733
8,
1 621

ToUl

To Hull, per steamer Martollo. 950
To Havre, per Hteamor Ollnde Rodrlgues. 1,119
To Bremen, per steamers Elbe, 94
Werra, 280

98 01

97 9i

96-82

to the same day of the month in 1883. We add to the table
the percentages of total port receipts which had been received
to July 3 in each of the years named.

East Lndia Crop Pko.spects.— Our cable advices from
Bombay to-day state that, owing to the recent dry weather,
unfavorable monsoon reports are coming in from all the districts except portions of the Berars and Central Provinces.
Cotton Consumption and Overland Movement to July 1,
Below we present a synopsis of our overland movement.

050
1,119

perehip
4,156

IlaiuburK, per stramera Hammunla. 200
Moravia,
1,419 ...RUaetIa, (adiitional) 100
-—
To R •tterdam. per ateaiuer \V. A. Scholten.
To Autwerp, per ateaiuer Bolgenland, 100
'I'o tit-iioa. per steamer Neustria, 400
Nswr Orleans—To LiverpHil. per steamer
4,400
To H^ivie, pi>r stuaiuor Pari.*, d.S79
To Vera Cruz, per steamer Estaban de Antunano. 497
BALTIMoaB— To Liverpool, per nteanier N6.*-more. 455
KORTON— I'o Liverpool, per steamera Roman, MOO... Samaria, 231
PHiLADBi.pMik— To Liverpool, per ateamera BrlMsh Crown, 539
....LjrdCllve, 683
,

^

Total

The

1.739

lOJ
40O
4,400
5,379

487
455
1,140

1,422

26.950

particulars of these shipments, arranged in

our usual

form, are as follows:

Bremen
if Ham-

Livtr-

vooL

Sew fork.
N.Orleana.

4,9J3
4,400

Baltimore..
Boa ton

1,140

PUladelp'a

1,42-2

Hull. Havre,
9ju 1.119

4U0

lOJ

5,379

iM

Total... 12.320

Vera

A.nl-

vtrp. Genoa. Cruz.

burg.

6,lyj

Total,

13,8-rr

4S7

10,266

455
1,110
1,122

^bO 6.493

6,195

400

100

487

26.950

Below we add the clearances this week of vessels carrying
ootton from United States porta, bringing our data down to
the latest dates;
New Om.EAss— For I.tverpool-June 29-st(-amer Caribbean, 2,795.
For Bremen -June 30-8teamer Amy Dora. 1.50,
For G(-iioa-June iG-Burk UiuKcppe Lanattt. 469.
Boston- For Liverpool- June 26— Steamer Seythla. 1C8 .. June 27—
Steamer VIrKinlan, I.Oll
June 30— Steamer Iowa. 319.
Baltimoue— For Liverpool -June 26— Steamer tiurrowmore, 288
June 29 -Stoamor Caspian, 919.
PuiLAUELPHiA— For Liverpool— July 1 -Steamer Brltlsli Prinoe, 754.
Cotton freitrhts the pa.st week have been as follows:

Uverpool, steam

Do

Do

96-P4

ThiB statement shows that the receipts since Sept. 1 up to
to-night are now TO.61.5 bales less than they were to the same
day of the month in 1884 and 1,18 i.OOT baXnn leas than they were

4,903

Carl. J.032

d.

sall.-.d.

Havre, steam
98-70

800

To

1,716,691 4,787,39b 3,899,688 4,624,625 5,687,384 4,843,655

PeroentaKe of total
port reo'pt* July 3..

—

...Britanulii, 774.. ..England, l,272....PtJleniy,
....Ripiibllr, 1,011

1879-80.

X»>t.My31 4,701,3814,752,791 5,315,712 4.551,608 5,549.110 4.718.873
J'ne 1....
625
8.
8.474
2.361
5,376
2,694
••
a....
79i
2.0J6
1,493
2,720
3,905
3,731
» 8....
301
8.
2,824
2,401
6,351
3,2)9
• 4...
297
52i<
4,127
8.
5.812
4,569
l,-596
869
4.920
2,856
8.
6....
2.316
- 6....
1,I4«>
5,175
4,100
3 3i7
4,790
8,
" 7....
H.
1.043
2.245
6,129
3,5t9
5,010
*•
60i
8....
8.
5,163
2,002
3,306
2,691
" 9....
550
2,002
3.236
2,903
4 331
2,913
" 10....
418
713
8.
1,663
4,931
2.013
- 11....
250
56a
8.
2.489
3,5'.>3
3.793
" 12...
1,750
593
5,563
3,103
8.
3,484
" 13....
392
3,489
2,903
2.190
6.754
8.
" 14....
8.
329
1,612
1.830
5,719
4 037
•• 15....
422
8.
5,735
1,865
3.741
2.358
" 18....
2.7.-.3
310
345
1,588
3,260
2.914
" 17....
462
2.107
8.
13,2il9
4,951
2,587
" 18....
168
201
1.913
B.
2 709
4,462
- 19....
1.093
553
2.3.56
1.826
8.
3,573
••
1,332
20
987
1,719
4.223
4,597
8,
" 21....
a
236
1.383
1,514
3.790
4.602
" 22...
2i:
8.
3,13t
1.358
3,793
3.141
- 23....
83
727
1,356
4.001
2,S0:
3.71D
" 24...,
82
69.^
S.
936
4.539
2,417
"25....
83(.
4S
2,133
8.
3.863
6,039
'• 26....
393
327
2,:05
1.014
8.
2.947
" 27....
156
2.44C
1,786
2,116
8.
4.373
" 28...
S.
614
815
508
3,975
3,055
'• 29....
665
8.
3,202
1,032
2,519
3,101
••30...
241
2.732
1,218
1,138
21,239
2,228

I

33?.;«l
,50.^,027 1,670,417
2(12.000
318.000

586
1884-85.

183283.

j

UtbH
m
on June 30

n|iiii,ii'ra'

1883-84.

tha

28,381'
.11.720
042,71fl|l,023,929 ,185,IOS
ll.ftO'*
P,285l
10,.3Rl
603,5061 578,605 637,068
31,6<<2
7<^,504
14.2391
;4,71H,103i4,784,47:i

June

Mto('i(H

for

1,

17,010

Net iiviT:iina inr liiiuoutlu
Port n-i-.lpta 111 Juno
Port ncriiitrtlii lOiiiOUtba

t>

m

Xonlhty

Net ovi-rlaml

K.timrlK in

the month. Wo have conse<iuently added to our other standing
tables a daily and monthly statoment, that the reailer may
constantly have before him the data for seeing the exact relative
movement for the years nameil. The movement since
previous years, has been as follows:
September 1 1884, and

SaeaipU.

1884-85.
fur June
Orowovt-rliinil for 10 nioutba

month of

&c., for the

seuaontoJuly

lie

UroKHovirlnnd

f>

—

,

'I'ings,

A.

10is»7 5)«
»^(»7 3
H"**? 3

8»H
8»9

exports, soinn"
for the ton m
years 188-3-M3, 18S8-84 .-in

receipts,

OoMn June and

a2$oop.

A
A.
Ml|« 8^1

29

sail

Xon.

Iut$.

Wtdnes.

Tkwrt.

>,.a'

»3a*

ass*

Hi'

»39*

.*.

.*>•

...

e.

39

ss*

%

c.

..-.

....

•

Bremen, ateam..e.

Do

<Sa(ur.

H

»a'

.••

V

....

%•

V

.••

..*..

*»'

H'

aall....c.

....

..••

...•

....

....

Hamburg, ateam.o.

»!«•

»»-j*

«„.

»s»*

»M'

>«»»S4

"ss'.t

>«»»e4

Do

aall....e.

Amat'd'm, ateam.c

Do

Beval, ateam

Do

•9»»e4

aatl...o.

aail

'e»»«4
....

d. "«4--3a'

"ft-^M*

-.-•

l8„-7,5,-

....

..••

....

....

»»»•

»>»

•«

'm-

Trieste, ateain...a.

•is-

»l«*

»ia*

>xi»1.'

Aatwerp. at«am..e.

•m'

•«•

•la*
•-4'

»3»*

c

Senoa, steam

*

OanprMsea.

'vi'

t
s
=1
n

"«4-7»' l»««-T„'

»ss*
'»!•

e.

BMrQelona,ateaui.e.

rn.

»
•m-

N*

3

!

W

—

I

.

. ..

THE CHRONICLE.

^30

[TOL. XLI.

as far south as Virginia, and there is also a great need of rain.
local trade has been fair and the export movement moderate. Yesterday the market was dull and weak, the speculation having subsided.

the following
LtvKBPOOU-By cable from Liverpool, we have
The
week's sales, stocks, &c.. at that port. We

rtatement of the
add previous weeks for

compar ison.
June

Amencan

Aotnal export

Forwarded

Total stock— Estimated

Of which American— Estlm d

June

July

26.

45.000
3,500

34,000
3,000

1,000

...

......

800

32,000
4,000
5,000
916,000
685,000
2S.00C
20,001
103,000
30,000

27,000
5,000
8,000
915.000
677,000
43,000
23,000
75.000
26.000

36,000
5,600
15.200
868,000
041,000
15,000
1 3.000
80,000
27,000

16,000

127,000
39,000

DAILT CLOSING PRICES OP NO, 2 MIXED CORN.
Wed. Thuri
Jf on.
Vuet.
Sat.

3.

35.000
4.000
12.000
933,000
-oo.ooo
24,00.1

week
Of which American ....
afloat
Amount
Of which American

Total import of the

19.

40,000
4,000

49,000
4,000

bales.
BalMof the week
Of whli-h exporters took -.
took
speculators
Of which
Bftles

June

12.

market for spots and futures each
closing prices
day of the week ending July 3, and the daUy
of spot cotton, have been as follows:
of the Liverpool

The tone

Fair
business
doing.
5lii«

Market,
12:30 P.M.
Mid. Upl'ds

Steady.

Mld.Orl'i8.
Bales

8.000
1.000

peo.&exp.
Fuiuret.
Market,
12:30r.M.

Quiet at
1.64 advance.

Market,
4 P.M.

Pteadr.

favor.

offering.

511,6

5%

5%

5%

7,000

8,000
1,000

7,000

7,000
1,000

500

600

Oulet at

Steady at Steady at
1-64 ad1-64 devance.
cline.
Steady
Quiet.
Irregular. with good

0|>«n

June

June 37.

H<«k low. Oat. Open
d.

i.

d.

5 43
5 43
5 44

5 43
6 43

5 43
5 43
5 44

.

Aug.- Sept... S48 548
September..
S«pt.-Oct... 6 47

.

I>eo.-Jan
Jaii.-Fab....

d.

d.

S4S

Jnn»-Jnlr.. 5 43
6 44
JnlT-Ang.

Oct.-NoT-,
N0T.-Dec.

Moil**

547

548 646

6
6
5
5

6 47
5 40
5 39

5 47
6 39
5 37

5 44

5 40

5 39

fltgh

Low.

June 30.

Tuei.,
Open

CIos.

Bigli

Low. OlM.
d

d.

a.

d.

d.

d.

d.

5 42
6 42

6 40

5 40
6 40

6 40
5 40
5 40

5 40
5 40
6 40

BtO
540

5 40
5 40
5 40

545 545

5 44

544

5 45

5 44
5 38

544

6 40

542 5 40 540
547 6 46 6 45

544 6 44
639 6 3S 533
5 37 5 3d 636
637 6 37 586 6 36
539 5 39 6 33 6 33
6 47

5 45
5 35

538
536 536 636
636 5 38 5 36
533 588 5 38

5 88
6 36

636
638

Feb.-March
Mar.-Apni..

1.

Thnn., July a.

FrI..

;

,

GRAIN.

Kyt—Westem

July 3.

87
92

Spring, per bush.
Spring No. 2
Ked winter. No. 2
Eed winter
White
Com—West, mixed
West. mix. No. 2.
West, white
West. Yellow....
White Southern..
Yellow Bonthern.

dm. Open High Low.

a.

a.

a.

a.

a.

jBly....*..

5 41

6 41

6 40

5 40

Jnly-Ang..

S41 6 41 5 40 5 40
546 646 5 45 5 46

5 89
5 39
6 44

Aa«.-8ept..

A.

639 539
5 39
5 44

6 39

544

OU>i.
a.

Open Bigh Low.
a.

a.

a.

542 5 43 542
5 42 543 5 42

5 39
6 39
5 41

5 46

6 47

6 46

Oloi,
a.

6 43

643
5 47

September..
8ept.-Oct.
Oct.- Nov.

5 45

539
587
HoT.-Dec.
687
D«e.-Jan
Jan.-Feb.... S39
.

6 45

6 44

637 6 3/ 6 37
6 87 637 537
639 539 6 39

644 5 44
6 33 588
535 6 35
533 585
638 538

6 44

588
535
533
538
6 40

5 40

540

5 45
5 89

Veb.. March.'
Har.-Aprll..l
April -Hay,,

645
639 6 89

5 40

5 46
6 40
6 87
6 87

5 46
5 40
5 37
6 37
5 40 5 40

638
535
535
6 88

6 46
5 40
6 37

537
640

5 46
5 40
5 37
5 31
6 40

.

each of the

BeMiptt at—

The

flour market has continued quiet. There has been a
export demand, but the local trade was nearly suspended,
as is usually the case late in June and early in July. But
with light stocks and little coming forward, holders maintain
prices very firmly.
In the wheat market the speculation in futures, animated by
contending influences, has been quite active. The anxiety to
realize on wheat in store and the better crop accounts, together
with the belief that farmers are still carrying large stocks of
wheat, caused depression early in the week; but warlike
reports from Afghanistan and advices of bad weather in
Europe revived speculation for the advance, and the distant
months showed considerable strength, closing on Wednesday
at a shuht but general advance. Yesterday the market
was
fair

dull

and weak.

OAU,T CLOflraO FRICBS OF NO. 2 RBD WINTER WHEiT,
Sat.
Hon. Tuet.
Wed. Thurr.
^
10UI4 uou
100
100 !« 100
ggi
997.
100 14
99%
0938
AuKOst delivery
lOlTg 1011, 10138 101
10018
'a
September delivery
103% 1033a 10338 103%

,,

,

In devator
Joly delivery

October dellverr

10S>«

105>«

aovember delivery....
107
'.'."
Deoembcr delivery
108>»
Indian corn has latterly shown

105»8
I07ig
108»B„

much

10508
10738
109»8

1031a

104%

strength, esoeciallv

h^X^me

^'^'«'» ">« speculatiS
nuu'i'Lr''*'"^^'"'^*'.'"
* ''^*^.^'"' "^^^ " 'considerable portion of the
2^n,^ has
h!' been quite too
country,
cold for the proper
of the
yowg flaqt, The temperature has ^^n alLostgrowth
wintryfeven

w

75
39
45
38
4OI3

98
84
73

closed.

of breadstuffs to

last three years:

rumr.

Oate.

But.

Barleu.

j

53,687
26.195
2,557

Chicago

Milwaukee
Toledo

Loala
Peoria

St.

.

1.897

.

2.731

12,056

. .

1,380

309,807|

1.661.854

800,575

257,515
81,271
78,383
38,582
113.083
6,300
205,480

5,760
53,931

26,347
7,265
25,645
14,900
61,595
186,815

10,010

500
322.463
127,960
1,158

1,091,303

2,183,606

1,122,142

687,117
501,880

1,424,282

1,563,916

8,022
3,050
1,300

ai.lAS
450

600

4,190
1,500

4,200

19,272
26.873

441

27,743
69,501
102,691

'83

100,407
162 77l|
140,638

1,712,099

1,120,601

67,021

Since July 28
1884-5 .,

9,284,292

97 922,420 92,329,802

57,466.183

16.628,439

1883.4..,

8,447,589

61,705.451

16,969,150

4,579,597
6,747,051

18R2-B

8,77fl

06.9;7,813 102,774,592
72.515,820 89.353,161

40.891.733

16.470.318

4,781,05 3

Tot.wk.'85

Same wk.
Same wk.

'84

5mI

The exports from the several seaboard ports for the week
ending June 27, 1885, are shown in the annexed statement:
Exports

Phlladel..

1885,

is

72

BbU.Waibf Blufi.eO Ztw Bu«)i.5A lbs BiuKaaih! Biu)t.48tb! BiMh.5eiI»

Boston. .
Montreal.
3,

»
«
9
a

market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the comparative movement for the week ending June 27 and since Aug, 1

New York

Fridat, p. M.. July

70

State and Canada... 74

To-day, the Produce Exchange

The movement

from—

BREADSTUFFS.

®1 01

36
® 95
Oats— Mixed
White
38
100 f»l Oils
37 9
No.2mlxed
86 9107
No. 2 white
92 9103
39>fl9
52 9 55
Barley Malt83 9
Canada
53%« 54%
Btate, six-rowed .... 80 9
57 a 63
70 9
State, two rowed
55 ® 58
6i a 70
57 » 60

Dulnth
Open High Lovi.

•a

irregular.

Detroit...
Cleveland.

Wednea.1 July

54S8

54Jfl

DAILY CLOSING PRICES OF NO. 2 OATS.
Hon. Tues.
Wed. Thurs.
Sal.
'
Li7i4
37
3714
37
37
Julydelivery
Sti*
3438
31
3119
delivery
August
32
32ifl
3258
32K4
32H
n
September delivery
The following are the closing quotations
FLOUR.
¥l)l>l-$2 60a 3 50 Bouth'n com. extras. $4 009 4 85
Fine
3 00® 3 70 Soathem bakers' and
Buperflne
5 00*5 65
famUybrands
Spring wheat extras. 3 30a 4 00
Minn, clear and stra't. 4 003 5 00 Eye flour, superfine.. 4 009 4 50
3 00*3 25
Flue
Winter shipp'g extras. 3 6.>« 4 00
Winter XX & XXX.. 4 259 5 50 Oom meal3 15a 3 35
Western, &o
4 8ja 6 00
Patents
Brandywlne, &o.-. 3 359 3 40
3 75» 5 00
aty Shipping ex

for
6 47

640
539
539
539
5 89
539
539
5 40 640 5 40 5 40

540

42
42
42
47

Juno 29.

and

tled

The opening, highest, lowest and closing prices of futures at
laverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated,
Sat.

Fri.

53%
53%

;

Steady.

steady.

demand.

SB's
fi4

53%
63%

5514
54>3
55
55
54 >«
o
55^8
553»
55
56
55=8
W
only
for
the
week,
not
the
early
in
depressed
Oats were
present but for the next crop but on Wednesday prices took an
upward turn, in sympathy with corn. Yesterday there was
Rye has
less activity and some irregularity, closing weak.
been quiet and unchanged. Barley malt is more or less unset-

Wheel—

Barely

53I4
5313
54I4

53 >4
5338
54

Firm.

1-64 decline.

Steady.

I

inactive.

5illB

5>iie

10.000
1,000

e

litt

favor.

5%

Stead",
In buyers' sonaewhat

steady.

In buyers'

5Ui6

5%

Fnday.

Wednea. nursd'y.

Saturday Itonday. Tueiday.

Spot.

bS^

In elevator
July delivery
August delivery
September delivery
October delivery

Baltlm're
N. Orl'ns

Wheal.

Com.

Buth

Buth.
394,841
41.140
102,460
135,101
162.555
95,913

508,493
16,700
315,786
20,000
29,118

Hour.

<kU*.

Bblt.

Buth.

49,025
27,!i01

7.631
12.392
30,516

11,515
125
80.623

Pea*.

iZve.

Buth.
2^,591

Buth.
1,248

70,753

385

Richm'd
N. News.
Total w'k.

790,127

932,010

127,885

92,263

22,591

72,001

9'me time
22,332
824.317 162,659 116.645 140,425
granary
The visible supply of grain, co mprising the stocKs
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, June 37, 1885, was aa
follows:
Barley,
Oat»,
Wheat,
Com,
1884.

806,579

m

In store at—

New York
Do

afloat (est.)
Albany (2uthi....

bxiah.

5,120.031
162,056

100

2,154.964
14,987,276
Newport News...
7,557
RichDJond.Va....
86.802

Buffalo

ChicaRO

MUwaukee

3,08.i.570

Dulnth
Toledo

3.780.489
921.',<19

508.985
129,000

Detroit

Oswego
Louis
Ctaoinnatl
St.

(2i)th).

Boston
Toronto
Moutraal (20tb)..

1,107,383
91.515
20.618

KasMMCitr

302,845
300,443
1,105.359
7,481
58,500
679,377

Balttmor*

1,494,439

Philadelphia
Peorta
Indianapolis

Mtth.

buth.

662,413
309.995
3,600
18,256
1,217,769
82,548
4.767
12,000
77.230
16.570
119.000
426.494
91,350
218,137
5,293
205.368
51.484
52.700
211,633
131,163

buth.

3,834
8.189
29.000
26,346
60.269
I

45,857
39,600
377,543
19.903
15,868
251.149
330.699
16,600
15.443
28,870

buth.

32.424

802,200
427,675
7,500
13,089
518,256

2.700
27,334
47,320
3,i05

9,844
2,194

726
56,000
1,283
13,783
11.678
9,283
,--

932

......

26,000
14,278
16,568
301
......

6,691
6,350
7,601

500
1,200

7

JULT

4,

THE CHRONICLE.

1885.]
WHi-dt,
bH«li.

Down MIsalsatppl.
O"

r»ll.....

430.44a
U:<a.<»i.S

Ou

l»k«
euuul

On

Tot. Juno 27.'H5.
Tot. June .0,'tft.
Tot. .riini>'.'M.M4.

T

'1

Junn30

Tat. July

Cortt,

Odit.

bush.

bittth.

M,»17

11)

P04,II01

5":)

7<)»,07O

709,U0U

37.nt7.<t2.%
37.330 l'M>

6,.'i99.6l2
ft

Parity,
bush.

'13.

iei

04 A
23,ll>7

&'.920
3.fi.'S.1,il84

09,790

140

l•<4.47.^
27.^.^ 1

!t"«.'.'ll7 3.7.^!),

T.-.'iO.

1

207,39^
1S7.291

,

I

.7
i9.'2 l,«;t7.;ill
4-.r>.ft

48
108,5(H

72.>.a70

deliveries of goods lately sold

through the auction rooms.
Blankets were in steady request, and such makes as govern
the market are much more closely sold up than at the corresponding time in former years, but pries are very low and in
buyers' favor. Cloth and felt skirls have met with soma
attention from package buyers, and there was a fair movement
in wool hosiery and knit underwear from first hands.

THE DRY GOODS TRADE
Friday, P. M., July

Although moderate

in

.years,

mission

3,

1585.

volame the basiness of the past we«k

has compared favorably

former

with

the

time in

correspondiof;

notwithstanding the fact that most of the com-

iioui^es

81

Kentucky jeana and doeskins were in moderate demand, but
prices are low and unremunerative to the mills. Batioeta
ruled ()uiet, and oi)«ration8 in repellents were few and unimLadies' cloths and wool sackings and suitings have
portant.
met with a fair share of attention, and there waa a moderate
business in heavy Jersey cloths, cloakinga ond etockinetten'
while worsted dress goods, as cashmeres, plaids. Sec., were
more sought for by early buyers. Flannels were rather more
active in some quarters, and agents continued to make liberal

busn

J)I2

13 3,921. IH4
11>.41-<.91'> 1 l.(KI.') !l-4 4. (HI.). 10
10,107.430 0.'.>uS,8»7 1.84^.210
14.U.;.!'J.'iS

1. '82.

.

closed their stores on Friday, in order to give

Foreign Dry Goods.— There was a light hand-to-mouth
for summer fabrics at the hands of importers and
sentation of Southern and Southwestern package buyers in leading jobbers, and some fair deliveries of new autumn
the market, whose joint purchases reached a fair aggregate goods were made by the former in execution of orders placed
amount, and the export demand for staple cotton goods was of some time ago. Staple goods are generally steady in price,
cons-iderable proportions. 'Ihern was also a good Bteady move- and stocks in first hands are in pretty good shape, because of
ment in cotton good:*, clothing woolens, flannels, hosiery, knit the lessened imports.
under-wear, &i-. on account of former transactions. The
Importation* of Dry Good*.
jobbing trade was seasonably quiet as regards the distribuThe importations of dry goods at this port for the week
tion of assorted lots, but a very fair package busine^M in ending July
2, 1885, and since January 1, and the same facts
domestics, prints, lawns, printed and woven wash fabii 's, &c., for the corresponding periods are as follows:
was done by leading jobbers. Tnere is a somewhat better tone
§•
S
in the market for domesiic colton and woilen goods, buyers ^ ?
having be^un to realize the fact that the stocks on hand are
I.gi5||6
much tmaller than for some time past, owing to a steady curSE g; 3; I
't fii Pi I
There has, howrver, b en
lai ment f produciion by ihe mills.
their

t-

mployis a three-days' holiday.

There was a fair

repre-

demand

,

i

«

8aeh a

C'

ntinuous Hhrinktge in values during the past three
some iiitle tim-! will pro )ably elapse before confivalues can be fullv restored.

d nee

ill

—

Domestic Cotton Good-. Tiie exports of domestics for
the week ending June 30 were 8,757 packnges, including
Colimbia, 134 to Santo Domingo, 107 to Brili5.h West Indies.
&c., making the total exports from this port since January 1
01,614 puckagts, against 65,086 for the same period last year
and 71,183 in 1683. There was an irregular and comparatively
bght demand for staple cotton fabrics at first hands, but large
shipments were made on account of former transactions, from
this market and direct from the mills.
Brown sheetings and
diills were in light requesf by the home trade, but some good.
sized "round lots" were taken by exporters.
Bleached goods
have relapsed into a condition of comparative quiet, and
there was a mere hand-to-mouth demand for colored cottons
corset jeans aiid wide sheetings, but a fair imainess was done
in cotton flannels and scrim curt^tins. Print cloths were
moderately active on the basis of 3o. for 64x643 and ajgc. for
56x60s, at which low figures there were more sellers than
buyers. Liglit prints were in meagre demand, but some
fairly good orders for dark calicoes were placed by huj ers on
the spot, hnd with traveling saletmen.
Ginghams ruled
quitt tut 6( me orders were placed lor fall dress styles for

&

kinds of

"AWNING STRIFES.

ZJ*

w

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®0iamcvclal

Cards.

BAGGING.

Co.,

WARR£.\, JONES A GRATZ,
ST.

8UIKT1NU(>

LOUIS, Mo.

Manufacturers* AKents for the sale
ka.

Towels, ilDllts, WlUte Gooda Se. Hoaleri
tor Kxpttrt Traits.

:

X
X
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C

AGENTS FOR LEADING BRANDS

•

f

JuteBamrlng

IHFOKTKRS OF

IRON COTTON TIES.
BSTABLliiUED
I^ugrene R. Cole,
IBM.

Wheeler,

119 IHAIDEN

BAG«l!V<i

K,CS

H-X

W
©I

Fabyan

NEW

Mw

00

*-CD

cj»o««D03a.

York, Boston, Pbiladelphia,

rfBIil.INO

I

•'J

--J

iK

M — l« to

CCIOWO-J
n ff: IO »» A*

•c

C: *- OS CB -1

(V<

:

—

''1'

;c

— — *- ^1

©^*.V.OJ

A-m

^

t3

l-t

•4

o cx
MV
no
21

tttO
i^ta
»ico

COM

'4-

fi-

LANE,

8rrcE(*BOB TO

AKD IRON

TIES,

AKsnts for the fulUiwtotf brands of Jote Batfglnk
" > tt^le .Mills." 'enMiklyn rity,""«ie<>rill»,""Caroirn«?
"Nevtns.<>,""L'nI"ii -"-ir.""SHl«n,.'"Uorloon Mills,'
" Jersey mIub " and " Dover Mills."

I.MPORTElUi UK IRON T1K8.

PEAKS & COLE,

STATION KK AND PRINTER,

rORK.

(FOR BALING <X)TTON.)

Also. AiTdnts

A fall sapplT, all Widths and Colors, always
No. 109 Dbane Street.

New

Bullard

CANVAS. FELTINO DUCK, CAB
COVEKINO. BAOG1N6. RAVENS DUCK. SAIL
TWINES, 4C., "ONTARIO" SEAMLUga

ONITED STATES BVNTINO

IC to

*>

PRINTS, DENIMS, TICKS, DUCKS,

COTTON

BAU8,

rfi.

AND SHEET! N OS,

COTTON SAILDUCK
ttll

O
O^

UUOWN & ULKAGHED

Co.,

Manufacturers and Dealers tn

And

Ui^

Comiacrcial (Cards.
Bliss,

Brinckerhoff, Turner

cr

to

Domestic Woolen Goods—The demand for clothing wool,
ens was sp^8mo(lic, irregular and, on the whole, sluggish, but
the movement in cassimeres, worsted coatings and overcoatugs (on account of former orders) was of good prop >rtions.

Cartls.

CCt3

M

-J>

future delivery.

C^ommcvclal

*J«

:>

:

r

Ti

M<

6,273 to China, 1,613 to Great Britain, 155 to United States of

e-

s;

a
S:

years, that

.-^upulitts HHiiks. littnlcers. t^took Broken tuid Cor'orHttonr wilb oompleie oatflta of Aooonnt Book

^T" New conoeme
lera

orfrantslns

win have their

or-

promptly eznouted.

No.

1

VriLLlAM STREET,
(HANOVKR

SQUAJIB.)

,

THE CHRONICLE.

32

%m^t

%tQUX,

ST.
SALE OF THE TEXAS
NOTICE.—
LOUIJ RAILWAY IN TEXAS, conslstlnR
<Sc

of 31535 miles of road, the rolling stock, franchise, and all its property.

Notice is liereby given tLat I, J. M. McCor
mlck. Special Master in Chancery, under and liy
virtue (if a certain order of sale Issued out of the
Circuit Court of the Uniied Si ates for t lie Northern l)i trict of Texas, directed aud delivered to
me. will proceed to sell at public auction for
oath, before the conrt-hnuse door in tue city of
Tyler, Smith County, Texas, on, to wit, the
fourth day of August, it beiiiK the first Tuesday
in August, A. D. 1«85, lietwceu lOo'clocb A. M.
and 4 o'clock P. M., all that certain property
described in the following order of sale, and
npon the terms and conditions named therein.

United States Cironit Court.
Fifth Circuit and Northern District of Texas, at
Waco.
The President of the United States of America,
To J. M. McCormick, Special Master.
Whereas, A final decree was madeand entered
In the cause So. 14. Chancery, the Central Trust
Company if >ew York, Trustee, Complainant,
Louis Railway Company in
vs. Texas & S
Texas, cl al., Uefcudants, ni the United States
District of Texas at
Northern
Circuit for the
Waco, on thes:3d day if April, A. D. 1885, orclerk of said Ci>uvt.
and
directing
the
dering
of J. M. McCnrmiek, Special
Master appninted in said cause, to issue an order
of sale, of the Texas <fe St. Louis Railway Company in Texas and its property as described
;

aud

Whereas, 1l\6 said Special Master has made
his applicatitiu for such order of sale, now,
therefore, in pursuance of said final decree. I,
J. H. Kinks, C.erk of the Circuit Court of the
United States for the Northern District of Texas.
at Waco, do hereby Issue tUe following order of
sale in the ahnve entitled cause, to wit. Ycm
are hereby ordered and directed to seize the
Texas <fe St. Louis Railway, estimated to bo
315^5 miles of completed railroad, with its East
eru terminus at Texarkana, and its Western
terminus at Gatesviile, Texas, together witli all
its property, the said railroad and property now
in possession of S. W. Fordyce, Receiver, ap'
pointed in the above entitled cause by this
Court, and exercising said trust- Aud after giving at least 60 days' notice of the time aud place
and terms of such sale, and the specific property
to be sold, publishing such notiie in two newspapers in the city of Tyler. Texas, and in one
newspaper in the city of New York, vou will
proceed to sell at public auction in the city of
Tyler, Texas, all and singular the lauds, tenements and hereditaments of the said railway
corporation, including all its railroads, tracks,
right of way, main Unes, branch lines, extensions, sidings, superstructures, depots, depot
grounds, station houses, engine houses, car
houses, freight houses, wood houses, sheds,
watering places, workshops, machine ehoi>8,
bridges.'viaducts, culverts, fences and fixtures,
with all its leasea, leased or hired lauds, leased
or hired riUlroads, aud all its locomotives, tenders, cars, carriages, coaches, trucks and other
rolUijg stock, its machinery, tools, weighing
scales, turn-tables, rails, wood, coal, oil, fuel
equipment, furniture aud material of every
name, nature and description, together wilL all
the corporate rights, privileges, immuuities a -d
framhises of said railway corporation, iiicluu
ingihe franchise to bo a corporation, and all the
tolls, faren, freights, rents, incomes, issues and
profits thereof, and all the reversion and reversions, remainder and remainders thereof, excepting, however, and reseiving from the lion
of said mortgage under which tliis -ale is made,
all laud grants, land certitleates and lands received l>y said corporatiim. as well as all lands

acquired by donation which are not actually
occupied and Inufo by it, or neceesary to the
operalion and main' eUHUco of its lines of road.
The said entire SlSSj miles of railway, together
wUh all the rolling 1 toek and property as hereinbefore described, to be s )ld as an entirety.
The sale of said railwav and property is made
in foreeloriire and satislaction of the following
liens thereon, as described in said final decree,
to wit:
-»'

I.

A flrst mortgaKe uon executed to Henry Whelen
and Henry (.;. Marquand. Trustees, June 1, A D
l»hO, on '.iee niiles of said railway, and all its property
from 'I'ezarliaDa to| Wuco, to secure tS.OOO 00 of
flrst mortcage bonds upon each mile of completed
road, to wit: t2.1gM.000D0 with Intere.st at 6 per centurn per aonam iroin the issue and delivery of said
bonds, the same decreed to boa flrst lien upon 206
miles 01 Bala railway and property us aforesaid; also
• first mortgage lien executed by said 'loxas & Ht
Louis Railway Co. In I'cms to thoC'enlral Trust Comjwny of IMew;^ urk. '1 riisiee. AUKUst 1, A. D. iMSi. oa
the entire railway of 815 f. 5 miles, aid all lisprnnertr, to secure Its " u oneral tirst mortgaKO six per cent
forty-year gold bonds "for fl.OOO 00 each, buiinaK six
per cent Imerest, the Interest beginning to run June
1. 1881, tl.8l7.(SK) OOof said bondshavtug been IssnSd
and now outstanding the amount auttiorlzed, »12 .
600 00, to be Issued to each mile of completed read
making ffllW.OOO 00 Issnednpon 4'.)8-.'5 miles of said
railway from the end of sal 2fi6 miles to Gatesviile
Texas, and said $02 ,000 00 doci ced to ba and to hold
• first mortgace lien on said 41) »-5 miles of rallivav
•nd property, anr| the bniancoof SiUd tl.H17.000 00 to
1

wIK >I.I97.0>«) 00 ssued up.in said 2M miles
milway and proporty. w.ia decreed to hold a thirdofmortI:

gage

lien only on said 866 miles of rallw.iyand propart j; but Inasmocb as the same were Isiued
under

the same deedof tnist and Intended to hold the
same Hen as the W,!0,000 . and were sold and delivered without notic.i til ho piirehascrs of any distinctive dUforenco between 1 ho bonds, they In
fact
belngof the same series, It was odlU'>''ed and decraeil
that the I.lOTbond; and the 6* WSndTBhSSw^
placed on the same footing and entitled to the same
•qnlties. and are decreed to share In
nrooMdiinf
Dm Mle of 49 »« mllo* of nUlway andthe
propStJ^Soa

plainant, at the city of Tyler. Texas, subject to bo Inspected by all persons desirluK to purchase at said
sale, and the same will bo exhibited ai:d read on the
day of said side.
The said sale of tne aforesaid property is to satisfy
certain costs, expenses, disbursements, attorneys'
fees, claims ordered to bo paid, debeiLtures, other
claimsuud liensdescrlbedandnientioncd in said final
deci ee and order of sale: and the amount of cash required to bop id on the bid forsiild property as provided In the said tlTial decreea' d older of sale will
bo ascertained so tar aa possible and filed with the
s;tid schedules and inventory < f property, subject to
the Inspection of purchasers before said sale.
Ail information in possession of the Master concerning the property to be sold, and the debts against'
the same, will bo given upon application.

the basis of a prorated mileage of said entire road of
315 S-5 miles as hereinafter duacrlbed.
II.

A second mortpa^e
St. Luuis
lips and

lien

executed by the Texas

&

Railway Company in Texas to J. W. PhilAbraham Wulff, Trustees, dated June i,

A. D. 1880, to secure its "land grant and income
mortgage bonds" for $1,' 00 00 each, bearing six per
cent interest from date, unil not paid unless earned,
and amount issued ^S.UOOOO per mlioof completed
roud; said bunds decreed to hnldasecond mortK«ue
lien upon said yoo miles of railway and property ilescrib'^d in said flrst mortcaffc,

and amounting

to

k'-i.-

12S,u00 00 besides interest; the said decree In no
wiso affecting the lien held by jsaid bonds aud mortgage upon the lands desct ibeU therein.

A second
St.

J. M. MCCORMICK, "
DAILA8, Texas. May 11, 1885.
Special Ma«ter.\.
BUTLEB, STILLMAX & HUBBARD.
Ueexdon' & Cain,

&

lien executed by the Texas
I o
In Texas lo the Central Trust
Yf>rk. Trustee, dated Aug. 1, A. D.
entire lino of Its railway, to secure its

mortgage

Louis Railway

Company of New

on the
first mortgage land grant and income bonds
or$500 00earh, bearing six per cent Interest from
June 1, lb81, due and payable only when earned, §1.
8l7,00000of said bondsdecreed to be outstanding,
of which ?1. 197.000 00 decreed to boa fourth mortgage lien up<m said 2tS6 miles of said railway and Its
property, and 8620 00) 00 of said issue decreed to be
a second mortgage lien on said 49 H-O miies of said
railway and itsproputy: but inasmuch as the said
entire $L.817,o00 00 wore issued at tlie same time
under the same lien of the same series, and without
notice to the purchasers of any difference therein,
the saia gl.817,00')OOi.Hdecreed tosUire In the proceeds of 49-^-5 miles equally upon the biisis of mileage as the 49 3-5 miles is proportion to the 206 miles
1881,

Solicitors for

feneral

of railway and its property as hereinafter described
In the terms of sale.

Complainant.

TO CREDITORS OF THE
NOTICE
Texas
8r. Lm is Kaii.wav Co-mpany in
Texas.—
ifc

Notice is liereiiy giv^'U to all creditors
holding claims entitl d to he iiald out of the
jiroceeds of the sa^e or the Texas & t>t. I.ouis
Railway and its property iu Texas, to occur
August 4, 1885, at Tyler, Tefas, and to all persons owuing or lidlUni; bonds or other securities and liins up'in Kttld property, entitled to
share in the proceeds of said sale under the
final decree rendered tu saM cjuse No. 14 in
Equity, to forthwith deposit their claims end
written memor:inda In pur.euaucc of niid as required by a certain order mane by tlie Hon.
A. Pardee, .IrdKO of the Inited States Circuit
Court for the fli'tli circuit, as follows, to wit: —
" In tho United i?tatcs Circuit Court for the
Northern District of Texas. !it Chambers, June
leilSB."). This d.ny came on to be heard tho application of J, M. McCoiinlek, tipocial Master in
Chancery, appointed by the United States
Circuit J.uige for the Filth Circuit, to wit: by the
Hon. Don A.Pa* lec.in ca'iseNo. 14, jK-ndingin
tlio Unite.l Stutos Circuit Court of said circuit
and district n t W!:co, Te\ as, wherein the Centi al
I'riist Co. of New York, Ti ustc ', la complainant,
and theTe.vasife St. I.ouis Company in Texas
1 al., Is di fiudant, aud tho s.iuie being considered audit ain'caiing to tlie Court that a final
decree was enter diusoiil causeApril -3. 1885,
foreclosing certain litus iu tivor of tho hiilders
of certain s'rios of bonds is-ued by sal defendant comimuy upon said railway and its propeity, and in pmsuanco thereof an order of" sale
was issued under said decree directing said Spei:il Master to sell said railway aud all Its property, o wit: 315 3-5 niiks of roatl, roling stock
and propei-ty; in Texas, on tUo terms named
herein: ana it furtlier appearing tli.it satil Special Master has advertised said railway and
property to be sold at the City of Tyler,
Texas, on the 4th da.y of August, 1885.
And allowing a part of tho liid for said proptrtytobo paid in ca.sh sifflelont to cover all
ciauiis decreed to bo cntiilcd to bo first paid
out of tho proceeds of sale before tho tirst mortgage aud other subsenucnt mortgage bonds,
and the remainder of said bid to be paid in first
mortgiigo bonds, and tlie surplus of said proceeds, II any, to be imid into court to be applied
to the payment of tho subordinate securities
and elalmsaccnrding to the euuities established
by thosiiid fUiul decree. And in order to enable
said special master to ascertain tlio several
llaliilliies against the Texas i St. Louis KaU
way Compuuy in Texas and against the Eecelver.shlp's administering said trust aiiieo the
16th day of Januiiiy. 1H84, so as to detiiruilno
the amount of cash to be paid on the purchase of
said iiroinrtv and the amount of bonds that
can be received in payment, it is hereby
ordered and directed that all persons whomsoever holding any claims entitled to be
paid out of tho iirocei ds of tho sale against
tho said Texas & bt. Louis Railway Company
in Texas, or against the said railway anil proiH
e:ty whileln thoh.iufls of tho Receiver administering the same, shall forthwith aud before
the said sale of 4tii of August, 1^85, furnish to
J. M. Met onulcli. Special Waster, addre.-sedto
him at Waco, Texas, or TyUr, Texas, care of
H rndon & Cnin, Soli Itora for Complainant,
the said cl.iims, lucludiug all bonds of every
seiiesund kind dccrei d toholil a lien upon said
roperty, all Reoclvci's ceriilicatea, claims ad-

Dm

npon application

In said decree

XU.

[Vol.

The terms and conditions of the said sale In furcclosure and satisfaction of the aforesaid liens In and
upon said 315 3-5 miles of railway and property jis
decreed to be sold to the highest bidder, are as foilowa. to witi
1st. The sale shall be for cash, and thepurchaspr
at the sale shall then and there pay over to the
Specifil Master the sum of 8EO,000 In cash, and the
remainder of said bid upon confirmation of the sale
and delivery of title, as berelnofter provided.
2d. Upon delivery of title the purchaser shall pay
in cash or debentures and claims ordered to be paid
by this < ourt as a i)riur Hen to the flrst mortgage
bonds, such sum as may be ascertained by the Master sufficient to pay off and satisfy till costs, expenses, disbursements, fi'es of attorneysand solicitors,
all debentures Issued or paid out, or that maybe
issued and paid out, and all claims now adjudged or

that may hereafter be adjudged under the orders or
decrees of this Court, to be entitled to bo flrst paid
sacisfletl outof the proceeds of sale before the
first mortgage bonds, and 11 any claim remains unsettled and nnusceit aned at llie date of the confirmati'm of suloand delivery of title to the purchaser,
which should be and may afterwards be adjudged to
be entitled to be flrst paid out of the proceeds of sale
before the said flrst niortgiige bonds, and the cash
paid in shall not bo sufficient to pay off the same, the
said cla-m or claim* shall be and are hereby decreed
to be a flrst and prior lien on said railway in the
hands of the purchaser, and may be so enfurced by
the fu'ther order of this Court.
3d. After fully paying off said cla.ms entitled to be
flrst paid out of the proceeds of sale in cash before
the first mortgage bonds, the remainder of said bid
may be paid in first mortgage bonds hereinafter ascertained to be a flrst lien on said railway and property,
aud whereas fy,13ft.0U0 of tfrst mortgage bonds were
issued upon and hold a flrst lien on JiOo miles of said
railway and property, and 4620,000 of the general
tlrvL mortgacre bunds were Issued upon and nold a
tirst lien on 4iJ S-5 miles of sa-'d railwav, and $1,197.000 of said general flrst mortgage bonds were issued
under the same deed of trust and upon the whole
line and entitled to share In the pror-eeda of sate on
49 3-5 miles ot said road equally with the others,
making 1^1,817.000 of said buuds equally entitled to
share In the proceeds of sale of 49 3-5 miles holding a
flrst lien thereon, subject to the prior payments hereinbefore pn.vided.
It Is therefore ordered
and
directed that the remainder of said cash bid.
after the aforesaid payments entitled
to be
flrst paid,
be divided into two parcels in the
Xoportiuu and on the basis of the mileage of
t.^e road sold, the total lino of road soUl being
3103 5 miles, and said liens of said first mortgage
bonds, to wit. the flrst mortgage bonds being on i!66
mlleaand iho general first mortgage bonds being upon
493-imilLS. the remainder of said bid shall bo divided so US to set off 266/315 3-5 of said amount^
and 493-dX:J15 3-5 of said amount f
.and the
purchaser may pay said sums in said bonds respeclarKer amount may be paid in said $2,128,^'^Y.*^^^v*'*'*'
000
of bonds and interest pro riita accordingly as the
percentage may be. and the smaller amount may be
p lid in the same manner by the $1,817,000 and interest of the general first mortgage bonds pro rata accordingly as the perceniane may be. and if any part
of said bid remains unpaid afterthe application of
payments hereinbefore provided, the same shall be
paid over to the Waster In CJish, to be hereafter
disl ributed and apportioned according to the equities as established and determined by this decree.
4th. It is further ordered that thesaid Special Master is authorized and directed, in the event that the
sale advertised at the time and place shall for any
good and Sufficient cause fail to bo made on the day
named, that the said sale shall then and there bo postponed by tbesald Hpecinl Master, or some person designated by him. and to be postponed in his name and
by his authorltv.ioafuture day, not exceeding thirty

and

,

postponement shall be
y^^^H**^^"-,""*^
published
In at lea.«i one newspaper in the city
lylerdurng said adjournment of Bale, in addition of
to
the verbal notice given at the time and place of adjouriiing said aule, ai^l the sale shall be made
on the
dav to whuh It is adjourned ashcreinbefore directed.
Ard after thesfile, payment of the purchase money
as directed, report of sale to the Court, and confirmation thereof, the said Special Master will make
a good and sufflcient title In fee simple of the
"*^??.

«=ii<*

property so ^()ld to the pur. haser or purchasers.
"J'n x-^'^'° ^^"" ^^ * ^oof all encumbrances and
fihiill he a perpetual bar to
all claims or equities, or
equity of redeuipi on or any claim whatsoever tothe
-said property fcosiild by said railwav
corporation
thoso claiming under it, and the said purchaser or
or
purchasers shall not be bound to sec tliat the purchase money Is properly appliedWitness the llonorable >lon-ison R. ^'iiitc. Chief
.lus.ice of the Supreme Court of the United
tales,
and the seal of the Circuit Court thereof, at Waco
o^.^i^y- In the year of our Lord eichteen
J; .1 M
^A^"-l
and eighty-flve and of Amarlcun liidopen.
Vi* J^S
denco
tao JOOth year.
:^\'^- P'l^'KS. C5erk oi sau Com-v.
^i'kShL,,!^
ABOhedulo and Invcnt-ryof all theDroDertvdft'^''^^ on the 4?
^','1,rL^V *?,^'-^ -office
of the Clerk of the
in?ftA?SfS?«P^?J"..^'i«
;

1

1^^-r
omc©

or

WAngust

M6Mn. Bemdon A C»Ui. solicitors Xor comr

1

1

1

1

1

1

Judged bv Court for l.bor, m.iterinl, costs of
court, judgmiuts, fees, commissions, contracts
for mrmey, counsel, solicitors' and attorneys'
fees inciu'red. In fact, every claim whatsoever
which is entitled to be paid out of the proceeds
of sale of said railway and property.
The owners of tho bonds and therva'uableseeurities are not reqmred to deposit the bonds
(

themselves, uuh ss svieciallyretiuestedeotodoby
thcMiisterforihspectiou, but shall give the number of tiiobondoro her Becnrit.v,iH date, amount,
style, rate of interest, when tln^ Interest began,
and figured up to August 4, 188>, In a statement iiy tho < wui ror his duly aiithorl2cdagent»
and duly sworu to and iitt' sted before an officer
having a seal. As to all other claims, the claim
itself must e deposited with the Ma^ti r with a
staiouent <f ownership, as above, duly sworn
to, which said claims tho Ma-ter shall fliu and
register in a booic kept for that purpose, duly
cbissiflid as to priority and in tho order received. It is further ordered that said Special
Muster shall CMise this order to be published in
tho s.nno ne wapiipei sin which said saleia advertised liv in his duo until said sale. Also in one
newspaper iu the Cltvof St. Louis Mo and In
the City of Waeo, Texas: ami tlie Cler.; of tlio U
8. Circuit Couit, at Waco., is diiect' dliifll and
euterthia ordurupoutho nnnutcs ef ea d Court,
in the above entitled en ii^e, and furui~li a certified co|iy to J. M.Mc(^ormick, Special Master, v,
June 1 ti, ] 885.
DON A. PARDEE, Judge,
Waoo, Texas, June 25, 1885.
J. i4r UcCoiiMiCK, Special Master.
I

I

,

i