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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED 'STATJ©
VOL
NEW
42.
YORK, JUNE
^itmuctal.
DIAMONDS.
78 TO 86 TRINITY PLACE,
YORK.
Alfred H. Smith
BunlaeM Foaaded 1T95.
Uwi
B.H. EMIBSON,
Co.,
AND
182 Broadwajr, Cor. Jolin Street
No. 11 ITall
Spvrl*! paper, maDafartun-d ezelai,lT«Ir for
aji«
of
SOLID SILVER.
A.M>
pretext roryrERr,iiTiiML
tll«
Company.
SAFETY PAPERS.
SAFETY COLORS.
Work
F.icout«d In Fireproof Bulldln««.
TTPB PRIHTINO.
LITHOOHAfHIC
GORHAM
Co.,
Broadway and Nineteenth Street,
AND 9 MAIDEN LANE.
MB
Houghton
BA
J.
W. WoBK, CMhler.
Maverick National Bank,
BOSTON.
.......
8I7BPI.CS, ........
CAPITAL,
$400,000
400,000
Accounts of Banks and Bankers solicited.
Collections made upon favorable terms.
Government Bonds bought and sold.
Floyd- Jones
&
Robison,
BANKERS AND BROKERS,
No. 2 Exchange Court, Nenr
Bonds and U. 8. Qoremment
ITorlc.
Stocks,
Securities
Bought and Sold on Commission.
William Robison,
Wm. C. FLOYDjoNKg,
Members New York Stock Exchange.
Andrews,
Exchange and Cable Transfers on the Union
Bank of London.
Sell Btooka and Bonds for Investment or
Bills of
Bur and
un Margin.
Correspondence Solicited.
members Neir ITork Stock Exehanxe.
TINKER
Sc
WESTON,
banke:rs and brokers,
No. 3
EXOHANCE OOVBT,
New Tork.
BstTRT
C.
TiNKKR. Member N, T. Stock Bxch.
Rk»bselaek
Wuton
STOCK BROKER.
Lansdale Boardman,
NEW YOBK, 80 BROADWAY A 5 NEW 8T.
TBOir, N. ».,
No. 17 FIB8T
STREET,
etoek Kxch ae membership! private wlrei
all
faoUlUee
Cor. Neir, Neir Tork.
INTEREST
received and
bnsineaa.
allowed on
Seonrities.
Private telegraph wires to Provldeaoe and Boeton.
a. E.
TAINTOB.
O. D.
GEO. H. HOLT.
L-HCLLIER.
New Tork,
Refeb to—
Stocks and Bonds Bought and Sold on Commission
for cash or on margin.
Special attention given to Unlisted Seourltlea.
Deposit:* received subject to Check at SUht.
Correspondence Soliolled.
;
erick National, Boston.
Members N.
Y.
and Philadelphia Stock Exchanges.
H- Taylor
L.
S. W^.
Washburn,
BANKERS AND BROKERS.
No. 6 TTall Street,
Merchants' National Bank and Bank of North AmerNew York Merchants' National, Chicago; Mav-
ica,
&
Townsend
UriS.
in anr part of the oonntrv
Accounts of Banks, Merchants and
others solicited.
&
Co.,
FHILADGI.PHIA.
S. Ives
&
Co.,
BANKERS.
No. SS
NASSAV
P. O.
VOHK.
i,4sa.
Receive deposits subject to check at sight and
Cltr and Railroad
bonds constantiv on hand for sale or exchange, and
particular attention given to the subject of inveatmenta for institutions and trust funds.
Gorham, Turner
Jr.,
111.,
Proprietor,)
ANSWERS INQUIRIES CONCBBNINQ
American Stocks and
Securities
Documents.
'ofldential Reports.
Cot
Moderate Charcea.
Fred. H. Smith,
BANKER & BROKER,
No* 30 BROAD ST., NBIV YORK.
Twenty years' experience
buy or
In
sell
Rallmad Bonds. Parw
Uncurrent Bonda wlU
please communicate-
Transact a general banking business, tnelodlnii the
purchase and sate of securities listed at the New
York Stock Exchange, or in the open market.
aUow Interest on daily balances.
Oovemment, State, Conntr.
SCUDDER,
ilea desiring to
ST., ITBlir
BOX
L.
rhlcago.
St.,
Competent Kxpcrts.
Investment Securities.
New York, Baltimore and other places
Henry
(M.
Agency,
Investors'
Ijarge Library of Railroad
Deposits received subject to check at slsrht, and
interest allowed on dally balances.
Stocks, Bonds, &('.. tM)u«ht and sold on commission
In Fhlltidet|ihia and other cities.
Particular attention Kiven to Information regarding
Private wire to
The
234 La Salle
BANKERS.
Cor* Tblrd a ad Cbestnat Sts.,
Adams & Kellogg,
80 Bread^var, Neiv York.
Bros. 8c Co.,
niLW^ADKEE,
BANKERS AND BROKERS,
*
78
St.,
QBNERAL BANKINO
Bur and seU 60TERNMENT, MDNICIPAI, and
RAILROAD
NKKRS,
COLLECTIONS made
at lowest rates.
Pres't.
DEPOSITS
a
CHA8. J. TOWNSEXn.
LAN8INQ C. WASHBUBJI
Member N. Y. Stock Exchange.
JNO. P. TowNSEND, Special Partner.
6b uw Card., Label*,
ASA P. POTTKB,
TRANSACT
balancee.
M'fg
STTIiBk
KAILWAV TICKETS OF IMPKOVEB
Calendura.
BLANK BOOKS OF EVERY DESCRIPTIOM
ALBERT G. GOODALL, PretldenL
VICE-PRESIDENTS :
A. D. SHEPARO,
I. MACDONOUGH,
TOURO ROBERTSOIt
W. M. SMILLIE.
THEO. H. FREELAND. Sect'y and Treat.
Holt,
BANKERS.
ENGRAVING AND PRINTING,
BONDS
BA\K NOTKS SHAKE CKKT1FIOATE8,
COUPOUATIONS,
to
CHICACU), ILL.
&
Taintor
Foreign Governments.
mvh sraruL sAFKcrARDS
N. Y. Stock Exchange.
CLARK STRXKT,
!24«
DKAFTS, CHECKS, BILLS OF EXCHANSK,
STAMPS, Ac, In the flne«t and most artUtlo ftt7l«
FROU 8TEEI, PLATES,
Co.,
WAIiL STREET, NEW YORK.
11
BONDS, POSTAGE tc REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES of the UNITED STATES; and for
roK COVEK>SIE>T»
&
BANKERS AND BROKERS,
Members
&
I.H.WAOOOHIB.
Frank C. HoUins
IMPORTERS,
of 8l«t« of S»w Xtii, !»•».
Brarssnlied 1879.
Engravers and Printers op
1,094.
^inaujcial.
F.C. UOLLINg.
Bank Note Company,
hrarparmlrd »<1<T
NO.
1886.
'ginvLVLcinl.
AMERICAN
NEW
12,
&
Co.,
Stocks bouuht in Fractional
either for Cash or on Margin.
Lots or otherwlM,
F.H. Smith, (Members Consolidated Stock and
Pntroloam Kzchantre. New Tork.
fl. W. Smith, t
HiRAif Dbwino. Clark Dewino. f. T. Bonteoou
(Member of New York Stock axcbange.)
H. Dewing & Son,
BANKERS AND BROKERS,
No. 18 VTall Street,
New
Tork.
Stocks and Bonds Bought and Sold on Commlssloa
Accoonta received and interest allowed on balanoaa
whichmaybe checked
for at sight.
Iowa l^ian A Tmat Co. * per cent Debeoturea
»nd sold.
bouffhr,
Cahoone
&
Wescott,
18 Wall Street,
New York,
BANKERS AND BROKERS.
nulla BalldlnK, 35 VTmil St., New Tork
Execute Orders
ACSml
GoTernment & other Inregtment Bondi
Q. GORIIAM.
Cbas. C. Noble.
CHA8. W. TCRKEB,
Uember N. Y. Stock Exeb
in
all
Seoarltlea
Listed oa
NEW YORK STOCK EXCBAMOE.
Special Attention given to
Correspondence Solicited
;
THE CHEONICLE.
Vol. XLII
I
Sati^evB auxl grawrrs of f^oreiga |?5echanQc
&
Morgan
Drexel,
WALL STREET, CORNER OF BROAD,
NEAT YORK.
Drcxel.Harjes & Co
Drexel & Co.,
Cor. of 5tta
& Chestnut Sts.
31
Boulevard HauBsmaun.
PAKIS.
PHILADEIiPHIA
DOMESTIC AND FORSION BANKERS.
Securities
DepositB received subject to Draft.
bongbt and sold on coumjission. Interest allowed on
Deposits. Foreign ExchanKC. Commercial Credits.
Circular Letters lor Travelers,
Gable Transfers.
ftTallable in all parts of the world.
Attohnevs akt) Agents of
CO.,
IBeKsrs. J. S.
So. 22 OLD BROAD STREET, LONDON.
Brothers & Co.,
Fhila.
NEW YORK. Boston.
AND
ALBXANDER BROWN ic SONS
Brown
BALTIMORE.
Exchange
ON GREAT BRITAIN AND IRELAND, FRANCE
GERMANY, BELGIUM, HOLLAND 8W1TZ.
BRLAND, NORWAY. DENMARK,
SWEDEN AND AUSTRALIA.
lasne Commercial dc Travelers' Credits
Sell Bills of
No.
&
"
COLLECTIONS OF DR.AFT.S drawn
MAKE
points in United States and Canada,
abroad on
all
and of drafts drawn
in the United States on
foreign countries
and their London bouse. Messrs. BROWN, SIUPLET
receive
accounts
of American banks, flnns
CO.,
A
and individuals, upon favorable terms.
&
J
&
Stuart
83
J.
NASSAU STREET.
BILLS OF
Co.,
AND THEIU
iniTH, PAYNE
& W. Seligman & Co.
J.
No. 23
"LIMITED,"
&
JESVP, PATOIS
62 William Street,
Issue Circular Letters of Credit for Travelers* Use
Abroad against Cash or Satisfactorj
Guaranty of Ke-payment,
Bxclianee on Iiondou, Paris, Berlin
and Zurich.
Ckiditb Opknbd anuPatuentb Made bt Cable.
Paris House— MUNROE & CO.
&
&
Co.,
*» iriI.I.IAM
STREET,
TtE\¥
COUKKSPONDENTS OP THE
Bills
& Co.,
BANKERS AND BROKERS,
Meml>erB of the
New York
Stock ExchanKe
&
Kennedy Tod
WILLTAM STREET,
for Banks. Bankers
all securities
dealt in at the
New York
Stock
ExchanKe.
Canadian Bank of Commerce.
CAPITAL,
J.
H.
|«,000,000.
GOABBY &
SCKPLUS,
B. E,
12,100,000.
WALKKK,
JOl^T AGENTS,
IS
EXCHANGE PLACE, NEW YORK
BUT AND SELL 8TKRLING EXCHANGE, CABLE
TRANSFERS, ETC.
UBUB COMMERCIAL CREDITS' AVAILABLE
IN ALL PARTS OK THE WOULD.
Common
Stock and Scrip.
OHIO CENTRAL (RIVER DIVISION),
Bonds. Certificates and Scrip.
JOSEPH & GRAND ISLAND SCRIPS.
Soutliern Telegraph Itt Bonds and Stock.
Bought and Sold by
S. ST.A.1VTOIV,
AND 18 BROAD ST.
Geo. H. Prentiss & Co.,
No. 49 WALI. ST., NEW VOBK,
AMD
SOS
raONTAOVE
ST.,
BROOKLYN.
OAS STOCKS
AND
OAS SECVRITIES,
Street Railroad Stocks and
AMD
and Railroad
inland Drafts.
of Exchange on
MELVILLE, KVANS& CO., i,nNnnN
LONDON.
V. J. HAMBItO Jt SON,
MARCUARD, KRAUSS dc CO.,'jPARIS.
ip.„,a
HOTTINUUER A.- CO.,
Aij;.
Bonda
KINDS or
BROOKLYN SECURITIES
DEALT
IN.
BBS GAB QDOTATIONS IN THIS PAPBB.
Geo. H. PnENTtss. W. D. Prentiss.
Member N.Y.Stock Exoh.
W. W. Walsh
(
Kidder, Peabody
1
&
John
FOREIGN BANKERS,
Nassau Street, New York,
No. 20
COMMERCIAL PAPER,
Manhattanville & St. Nicholas
Avenue and other City Railiray
42d
113 Devonshire Street, Boston.
BAKING BROS. & CO., London
COmniERCIAI. CREDITS,
Messrs.
Grkat Britain and the Continent.
HOVNTZE BROTHERS,
BANKERS,
120 Broadway, Equitable Building, New York
OP CREDIT AND
CIRCULAR NOTES
IiETXElCS
Issued for the use oft ravelers in all part« of the
world. Bills 4lr»wn oil the Union Bank of^Loodon.
Telegrapiiic transfers uiude to I .ondon and to various
filaces in the L'utted states. I>epo8itB received subect to check at siKht. and interest allowed on balances. Governnteiit and other bonds and investment
securities bought and sold on ooEnmlsslon.
'^T^liB
y-^ts**'
-»'
•-tmHIte^l^^.
St.
Securities Dealt in.
TELEPHONE CALL " NEW."
ATTORNEYS AND AGENTS OF
?<;':7
McGeorge,
B.
BROAD STREET,
Co., INVESTMENT SECURITIES AND
Dealeks in Foueign Excuanoe Gotbknmknt
Circular Credits for Travelers.
AND tiTHEU INVESTMENT BONDS.
STERLING LOANS A SPECIALTY.
44 IVall St. and 62 Greene St., N. Y. Cablk Transfers akd Rilia of Exchakos on
Buy and sell on commission, for investment or on
marsin,
and Common.
COLUMBUS HOCKING VALLEY <t TOLEDO
Co.,
Companies.
Issue commercial credits, also foreign and domestic
ofcredltinpounds sterling A dollars.
OflTer Investment Securities.
Buy and sell boTids, stocks and securities in all American, Canadian, Hriti.sh and Dutch markets on commission. Collect dividends, coupons and foreign and
CommerclHl and Travelers' Credits.
Of Bxchange.
Cable Transfers.
Unger, Smithers
York,
Ohio Central
First Mortgage, Preferred
Member N. Y. Stock Exch'ge
travelers' letters
Hamburg.
Messrs. Marcuard, Krauss ic Co., Paris
&
Toledo
New
16
BANKERS.
YORK
International Bank of London
(Limited), London.
nessrs. John Bercuberg, Gossler &: Co.
4 Broad Street,
J.
COMMISSION MERCHANTS,
Ruckgaber,
BANK ERS
PREFERRED
TOBET&. KIRK,
AND
Sell Bills
Schulz
COninON AND
ST
BANKERS
Act as Agents
Ohio Central
BOUGHT AND BOLD BY
SCOTLAND.
63
Son. London.
RAILROAD
CO.,
New York.X
DRAW ON
No.
&
Toledo
THE UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND
J.
Hambro &
special investments.
dc
Accounts and Agency of Blanks, Corporations
and individuals received upon favorable terms
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
old.
Co.,
No. 33 Nassau Street, Neir Yoik.
No. 4 Post Office Square, Boston.
ALL PARTS OF THE WORLD, ON
Messrs. C. J.
firms
H. O. NoRTHCOTE.
&
OHN MUNROE
ISSUE COMMERCIAL CREDITS, AVAILABLE
IN
Co.,
MANCHESTER, PAYABLE IN LONDON
22 Ac 24 ExchanKe Place,
(IliSTER BANKING COMPANY,
BELFAST, IRELAND;
New York.
AND ON THB
ITATIONAI. BANK OF SCOTI.AND, BILLS OF EXCHANGE, LETTERS OF CREDIT,
EDINBURGH AND BRANCHES!
TELEGRAPHIC TRANSFERS OF MONEY
ALSO,
ON MEXICO, CUBA, dec., dec.
CABLE TRANSFERS AND LETTERS OF CREDIT.
Alexander Baring.
J. Kknnedt Tod.
J.
ERS' CREDITS.
8DCCESSOR8 TO
BANKERS. LONDON
nANCHESTER & COUNTY BANK,
BUY AND DRAW BILLS OF EXCHANGB,
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
Payable in any part of Europe, Asia, Africa, Australia and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.
John Paton
NEW YORK.
Place,
FOREIGiy BANKERS.
BANKERS,
BROAD STREET,
Neiv York.
Issne Letters of Credit for Travelers
On SELIGMAN BROTHERS, London.
SELIGMAN FRERBS & CIE. Paris.
SELIGMAN A ^TETTHBIMER, Frankfurt.
ALSBERG, GOLDBERG A CO., Amsterdam.
ALTMAN & STETTHEIMER Berlin,
SIIIITH>8,
dc
COHUJGSPONDENTS.
and make Cable TransGermany.
Draw Bills of Exchange on,
fers to, England, France and
Exchange
Cor.
London,
fort u\ni.
8. 01. de Kothncliild, Esq., Vienna.
Maitland, Phelps
EXCHANGE ON
all
A. dc Koth8cbllfli&8ong, Frank-
91.
Ickelheimer & Co.,
AFItMAM STREET,
29
available In
parts of the World, through
niessrs. M. Wl. Roihschild
8ona,
"
dp RolliHchlld Bron,, Paris.
ue in
flake Telegraphic Transfers of money
Betnreeu this Country and Europe.
12 Pine Street,
ISSUE TRAVEI,ER8' CREDITS,
IN STEPLINO,
Available In any part of the world. In Francs for
Martinique and Guadaloupe, and In dollars for
Ase In this and adjacent countries.
Co., Heidelbach,
BANKERS,
MORGAN &
Bny and
&
Co., August Belmont
AVM:.
C
No. 96
727.
IVOYES,
BROADWAY,
DEALEB IN
CITY RAIL^f AY STOCKS,
TRUST
CO.'S STOCKS,
TEL.EORAPII STOCKS,
Bank Stocks, Insurance Stocks.
See
my quotations
In Saturday's
of Trust and TeleKraph Stockf
Evenino foit and Daay tfuiicator.
IK YOU WANT TO BUY OR SELL ANT
OR BONDSi
PUTS OR CA LL.K ONto,STOCKJ*
send for, or call on,
write to, telegraph
k. W. HOSENBAII.M,
YorM
60 BxohanBe Place, New
817."
Telephone
call
'
New
.
!
June
THE CHRONICLB.
13. 1886.]
SauUev0 and
jAiua Wbitilt,
Chuotit uaklbt.
ti.
Matnard 0. Rth*.
HXNRT II. Donoi. WuhtnKlon,0.0.
Wu. R. TuAviiiH, Special Partner.
&
Prince
Whitel^
NKW 7'
on oommlBBlon all olauee of
also Urain and ProvlBlonn.
Rallroatf
iind letl
Hires tu Philadelphia. Wllmlng'
ton, HiiiMiuore. Wanhlnitton, Brldneport, NewHaren
Bolton and PRiabum.
CHARLES K.
V. CABOLIM,
r. Stock Bxobance.
COX
Member N.
Carolin
&
Sistare's
Sons,
Cooneoted by PriTate Wire with main olBoe, New
York.
IIKAI.BK8 IN
FIRST-CLASS INVESTMENTS.
C!>itg.
&
C. Walcott
J.
Co.,
BANKBIUI AND BROKBRfl.
No. 34 Pine Streel, New York.
Traniact a Uoneral Banklntr BohIiiam^
aoM oa Ooaalaahm.
atoekl and Bonds booiht and
ORlan raeelved
m
Mining 8to«k«i and
nallited
made and loan* oacotlaUd.
Dividends and Intarwt oollaeted.
DepoilU reoalvad mbjaot to Draft.
allowed.
InterMt
Inveaiment leennuea a apeolattr.
We iMoe a Flsanolal Beport weekly.
In
Seoorltln. Colleotlona
Heciirli leu;
l-ri'. Ml' I'uleKniph
WM.
Geo. K.
in DLew 1$orK
le dc 18 Broad Street, New York,
131 South Third Street, Fhlladelphla.
IrORH.
No. 64 IIKOADWAV,
ItW 'ft.h ATe.. New Yor*.
o„
. „™
»....«>
0»»IC«8 Ij 53(1 ,511, j,t vVmihliyiton, D. C.
BRANCH
Buy
fptrolurs
a.
Bay and sell on CommiMlon, for cash or on narffln.
securities dealt in at the New York Stock Bzobanire.
interest allowed on dally balances.
All deposits subject to eheok at tlirtat.
Particular attention to orden by mail or telecram
all
Walcott,
Jo«. 0.
Cox,
FRAITK
&
Simon Borg
Bankers dc OommlBslon Stock Broken
No. 17 NASSAU ST.,
No. 66 BROADWAY,
Branch Offloe.SI 5 Madiaon At., cor. 42d St., Now York
DBALBRS IN AIX KINDS OF
received tublect to check at slKhUani)
Memben
of the New York
stock Bzchanc*.
I
F. DiOKinaoir,
Co.,
NEW YORK
(
A. Dutenhofer,
BROKER
Deposita
AND
Dealer In Miscellaneoas SecniiUes,
Margin.
SODTnEBN BBCUlUnU A SPBCIALTV.
MILLS BUILDING (3d Floor,)
John Howabd Latham. Fkbdibiok W. Pehrt.
Rooms 26 & se.
39
A 1. 1. 8TBECT.
Co.,
Davis
STATE AND CITY BONDS OF OBOHOIA, ALSO
CENTUAI,
OK THE
RR. A BANKCo., SECURITIES
BANKERS AND BROKERS.
ING CO. OK GEORGIA A SI'KCIAI.TV
J.
Investors wishing to buy or sell are Invited to call
Do a Btrlrtly ConinilNNloii Ilusiiieas In
UinTED
BAITK BmiJ)ING,
or
correspond.
Prompt
atteatlon
and
personal
given
8TU<;K»J, BOiNDK and CiUAIN,
Vo. a W^ALI, STREET, NEUT YORK. to all orders.
With Private Wires to CHICAGO, BALTIMOBB
PHILAUKLPllIAand Intermediate Polnta.
City, County, State, Railroad, District of Colomiila W. H. Dickinson,
Edward P. AlunsMember N. Y. Stock Bzchange.
Bonds and Foreign Exchange.
No. IT WALIi ST., NBW YOKK.
Intereal allowed on dally balances. All Stocks and
Beourlt les dealt In at the New York Stock Uxchann
bought and sold on Commission, for Cash or upon
Railroad and InTestment SecnrlUee.
W
&
John H.
&
H. Latham
Correspondenoe Solicited.
W. H. Goadby &
Co.,
BANKERS AND BROKERS,
No.
24
BROAD
In addition to a General Banking Business, Buy
and
&
Bass,
No. 20 BROAD STREET, NEW YORK,
STOCKS, BONDS
ANDMISCKLIiANKOCS SKCCRITIES
Correspondence
solicited.
Quobatlona cheerfully furnished.
Wm. h. noLSToN,
Member N.
W. Alex. Bass,
Wood,
IVOOD & DAYIS.
Execute orders
in all securities listed at
the
New
:
H. B. HOLLINS.
H.
F. A.
&
B. Rollins
YZNAGA.
BROWN.
Dealer In Inrestment Secnrities,
No. 7 NASSAU STREET,
(Continental National Bank Building),
Ne^r York.
&
&
STOCK BROKERS,
Janney,
BANKERS,
35 Nasaan St.,
New York.
Receive deposits and consignments of Bullion.
Deal in Investment Securities and Foreign Eichange and invite correspondetice.
Particular attention given to information regarding
Investment Securities.
Co.,
&
Exchange Court
Stocks,
Securities
Albert Pearce,
16
BROKER
IN
&
BROAD
18
ST.,
ALL KINDS OF INVESTMBHT
BONDS, MISCELLANEOUS SECURITIES
AND DBFAULTBO BONDS.
BROADWAY, NE\Y YORK.
74
&
3'J Broadwar. N. Y.
Bonds and United States (kivemment
Bought and Sold on Commission.
Beyiblt Chkw.
Ja8. D. Simons,
Member N. Y. Stock Exchange.
Member N. Y. Produce Exchange.
'i
BANKERS AND BROKERS,
73
& Chew,
Simons
NEVr YORK.
No*. 33
Robertson,
L.
J-
NASSAU STREET,
Chrystie
York Stock Kxcbange. For Sale
F1R8T-C1-ASS Kah.hoad First Mortgage Bonds.
GHOHGB C. WOOD. C.U. HUKSTiS. L. M. SWAN.
P.
York.
BOND AND STOCK BROKER,
Walston H. Brown & Brof
BANKERS,
NEW YORK,
StICCBgSOKS TO
FUID. A. BBOWN.
WALSTON H. BKOWN.
HIBBKBT
New
N, Y. Stock Exchange, for IN*
or on MARGIN, all classes of Stocks
and Bonds, and allow inteiest on deposlta, subject to
check at sUfht.
sell at
Oovernment Bonds and Investment Securi-
Co.
BANKERS AND BROKERS.
Bur and
VESTMENT
ties.
NO. 30
&
Huestis
PrNE STREET,
31
Jr.
Y. Stock Exch'ge.
Sell
Ailing
BANKERS AND BROKERS,
No. 30 Pine Street,
CEDAR STREET.
No. 63
&
Dickinson
Co.,
BANKERS,
STRKIBT,
Neir York.
Rolston
&
Oilman, Son
CORBBSPONDENCB SOLICITED.
CORRESPONDEKTS
DEVKNS & TUCKBBMAN,
"
&
Kimball
R.
BOSTON.
Co.,
J.
BANKERS AND BROKERS,
Membership New York Stock Bxchange.
Members Philadelphia Stock Ezchanffe.
Nos. 16 4c 18 Broad Street, New Yorb«
Buy and sell on commission, for inveatment or on
17 Years'
marKin.all securities dealt in at toe N.Y. Stock IGxcb.
ROBKUT
J.
Kimball.
Howard
Alfkki>
Lapsley
B.
No.
Walsh & Floyd,
C^ Co.
STOCK BROKERS,
BANKERS,
STREET,
18 W^ A
BROAD STREET, NEW YORK.
I. I.
New
Bay and
Investment Secnrltles.
BOX 8,647.
WATLANO TRASK. H. J. MORSE.
Co.,
p. O.
A. M. KIDDEB.
W.
C.
HILL.
^oodfit
C.
(IS Years'
Membership
In
the N.Y. Stock Exobanffe.
BANKER ANB BROKKK,
16
&
18
BROAD
ST.,
NEW YORK.
Transacts a Keneral PankluR baslneas, including t h«
purchase and sale oi stocks and bonds tor cash or or
BA
&
Branch
TRANSACT A OKNKRAI, BANKINO BUSINKSS,
INCLUDING TlIK PURCHASE AND SALK Of
STOCKS AND BONDS KOH CASH OK N MARINVRSTMKNT ECURlGIN. BUY AND SKI.
TIB8. INTEKKST ALI.OWKD ON DEPOSITS
SUBJECT TO CUl'lCK AT SIGHT.
I,
P. O.
D. A.
BOODT.
PINK STKEEX*
Box
447.
C.
W. McLBLLAH.
REtTBlN LELANP.
NBW TOR&.
(Members New V'ork Stocfe b^xchunRO.)
Accounts of Hunks, Bankers and others receired.
Interest allowed on balances. A HtrlctlyCoiuraissioB
Bjsinesain the purchase and sale of stocks and bonds.
Private Telegraph Wire to Albany, Troy, Syracuse,
Kochester, L'tica, Buffalo, Clevoiund iind c;hlcaKo.
Draw on City Bank uf London in amounts to suit
Special atteutlon given to Securities tor investment
&
BANKBBS,
Wall
STOCKS,
Street, eorner Broadway.
BONDS A OOXMEKOHL PAfBR.
Stocks and Bonds bought and sold on oommisalOD
at New York Stock Kzcbange. Advanow nuMl* OS
bodDSU paper and othw M«BrlUe^
Elliman,
niiNT A SPKCIAI.TY.
Investors wishing to Buy or Sell are invited to call
or correspond.
Hnyand Sell on Commission for Cash. or on Manr'n
all Stocks jt Bonds deali In at the N. Y Slock Ite ch.
.
Associated Broker8,Limited
44 BROADWAY AND 47 NEW ST.,
Orders execu'ed on
UNITED BANK BUILDING,
New York
St.,
New York,
FIRST>CLASS BO.NDH FAR INVEST^
ROOM
Bishop,
BANKKH^l AND BUOKKH3.
No* 35
NKBaS,
cor. Bxehange Place, N. Y.
UIBcc, '^11 La !^alle iSt., Chicago.
Neiv
1
18 lYall Street,
8 Broad^ray,
maram.
Hamilton
Broadway &
Butrrick
York.
Turner,
J.
Stewart Brown's Sons,
STOCK BROKERS,
84
BANKERS AND BROKERS,
74 BROADIYAY and9 NEII^ STREET,
New
No. 26
Niooll Flotd. Ja
James W. Walsh. JR„
Member N. Y. Stock Bxchange
Sell
Luunsbkht
&
York.
Transact a General Banking Business. Including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
10,
all
NBW
the
YORK.
New York Exchaocw
and the Chlcajio Board of Trade. Branch
nfflcee to
be established througbont the country, for which
" private wire " facilities fnmisbed on liberal teroa.
AppUoatlona for organiiatlon of branch oScea aoUo.
Ited.
Call or write for
erencaa.
AUI Information and
r«f»
THE CHRONICLE.
Ir
e^auadiaw aud ^otjeiflw gatifes
[Vol. XLTL.
MmiUevs,
atijft
'giu^ucinX ^ornvntiUs,
Bonds of Suretysliip.
FOREIGN.
CANADIAN.
NO OTBER BUSINESS.
Bank of Montreal.
OAPITAIi,
SVRFIiVS,
O. F.
8MITHEK3,
W.
WALTER WATSOX, Agents.
A „pnt«
ALKX'B LANG,
J
)
Sterling Bichange, Francs and Jable
grant Commercial and Travele'*' Credits
available In any part of the World Issu.! drafts on,
and make Collections In, Cnicagoanf^ chrougliout the
Dominion of Canada.
Buy and Sell
;
;
li
ondon
Office,
No. i2 AbchnrcU I.ane.
•
Corporations, firms and individuals, upon
favorable terms also orders for the purchase
and sale of Bonds, Shares, &c., &c., on Commission on the Stock Exchange.
Negotiate Railway, State and City loans.
;
HEAD
OFFICE, inONTUEAli.
GEORGE HAGUE, General Manager.
J. H. PLUMMER, Assistant General Manager.
BANKERS:
New York and Bostox
BL,AKE
IiONDON, BNG.— The Clydesdale Banit (Limited.)
York. N. B. A.
NEW YORK—The Bank of New
The New York Agency buys and sells Sterling Ex-
diange. Cable Transfers, issues credits available in
parts f the world makes collections in Canada
ana elsewnere and issues drafts payable at any of
the offices of the bank in Canada. Every description of foreign banking business undertaken.
all
New Tork Agency, No. 61 Wall
HENRY HAGUE,
JOHN
>
HARRIS,
B.
JK.,
Street.
STREET.
Sterling Exchange and Cable TransBny and
fers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, San Francisco and
Chicago.
OIKCUI-AR NOTES iss ed in Pounds Sterling
COilIMKKall parts of the world.
CIAL, CREIJITrt ISSUED for use in Europe,
available In
China, Japan and the East and West Indies. Also,
•& RUA/.II/IAN
name of
LXMIl'BD, available in the Brazils. River Plate, Ac.
Bills collected and other banking business transD. A. MCTAVISH, ( Agents.
acted.
. ™„,a
BANK
LONDON
Id
H. STIKBMAN.
Bank of Canada
CAPITAL (paid np),
$1,500,000
SVRPIiCS, ••-••-- $480,000
-
St.
8.
HOWLAND, Pres't.
HEAD
D. B.
-
WILKIE,
Dealers in American
and
Gait, Out.
Currency & Sterling
IJo^(Ps°Ba™«t°s'*4'Bos-[
"7cfuet?Ba"nk umitfd,'
& Lombard Street.
I
Agents
in
Exchange.
New York
^^"^^ ^^.n^sue^''^'"
™ "'"" »treet.
&
•
•
-
$6,000,000
1,500,000
- 400,000
Transact a general banking business. Issue Commercial credits and Billsof Exchange. available in all
parts of the world. Collections and orders fur Bonds,
Stocks, etc., executed upon the most favorable terms.
FRI 1>'K F. LOW,
iM«r,o»o,.
IGN ATZ ST K INHART, f M»n««er5.
P. N. LILIBNTIlAL.:Cashier^
Buchan,
Bankvereeniging,
Hong Kong &
W. B1IJDEN8TEIN & CO.,
AmSTERDAm, .... HOLIiAND.
B.
Established
1861.
HEAD
OFFICE, AISSTERDAITI.
BRAKOHES:
London—B. W. BLIJDENSTEIN & CO.,
No. 55
Rotterdam— De
&
t,6
Tlireadneedle
8t.,
Shanghai
7,500.000
Paid-up Capital
4,500,000
Reserve Fund
600,000
Reserve for Equaliiatlon of Dividends.
7,600,000
Beserve Liability of Proprietors
grant
Drafts,
issue
Letters
of
Corporation
The
. .
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay. Calcutta, Singapore, Balgon,
Manila, Hong Kong, Foochow, Amoy, Nlngpo,
Bbanghai, Hankow, Yokohama, Hiogo, San Francisco
and Condon.
TOWN8END.
Agent. 47
L. de Steiger
WIlHam
&
St.
Co.,
BANKEB8.
FBANKF0KT02S-MAIN,
courts of the variuus States
CASITALTV DEPARTmENT.
Policies issued against accidents causiuK death or
totally dlsablioK Injuries.
Full information as to details, rates, &c., can be
obtained at head office, or of Company's ARents.
Wm. M. Uichak: s. Prest. John M. Crane, S»&j
UOB'T
GEBMAM
J.
HlLl.AS. Ass't Secretary.
DIRKCTOUS:
David Dows,
W. G. Low,
G. O. Williams,
Charles Dennis,
J.S.T. Stranahan, A. S. Barnes.
Alei. Mitchell,
H. A. llurlbut,
A. B. null,
J. D. VermDve,
S. B. Chittenden.
J. L. Rlker,
Wu'. M. RIchiirdB.
Geo. S. r.w.
special Intrjestmeiitg.
H. L. Grant,
No. 145 BROADWAY,
NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND
80I,D.
See Qnotatlcna of City Railroads In this paper.
E.
Bailey,
S.
51s
PINE STREET,
DEALINGS
IJf
A SPECIALTY.
Cash paid at orce for the above securities; or they
be sold on commission at seller's option.
Bnscbede-B. W. BLIJDENBTEIN,
ib
JB.
CO.
Transact a general Banking and Commission
Business In Bills, Stocks, Bliares, Conpons, <Sco.
(Incorporated by Koyal Charter, 1835.)
Threadneedle St., London,
..---.
England
£i.6l,0,0i)0
Pald-m. Capital,
JtTSO.OOO
Keserve Fund,
Letters of Credit and Drafts issued on any of the
numerous branches of the Bank throughout Aus-
tralia and New Zealand.
liiUs negotiated or sent for collection.
Telegraphic transfers made.
Deposits received in London at interest for fixed
periods, or for transfer to the colonies on terms
which may be ascertained on application.
PKIDEAUX SELBY.
Atlanta Sc Cbarlotte A. I.. R'r Bonds,
raemplils & Ctaarlenton RR. Bonds,
ineniphls &. Little Rock RR. Bonds,
Carolina Centi-al RR. Bonds,
North Carolina State 68,
BlrmilngUani Citf, Ala., Ts,
And miscellaneoas Secnrlties,
BOUGHT AND SOLD
By R.
A. LANCASTER
10 VttiW Street.
tc
CO.,
FOR SALE— STOCKS BY
E. C.
WissEiren-EFFECTENBANK.
Almeloo— LEDEBOER
4
BANKING CORPORATION.
A. M.
BONDS OF SURETYSHIP
from this Conipunv at moderate charges.
The bonds of this Company are accepted by the
Will
NEW TORE CORRESPONDENTS:
STOCK AND EXCHANGE BROKERS,
TORONTO, CANADA.
Messrs. KNAUTH, NACHOD & KUHNE
Stocks and Bonds, Sterling Exchange. Drafts on
New York, bought and sold at CURRKNT PRICES.
Bank of Australasia,
COLLECTIONS MADE.
FOREIGN.
CASUAI„TY CO.
INSURANCE STOCKS
De Twentsche
:
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper discounted at
the liead Ofllce on reasonable terms, and proceeds
remitted by draft on New York.
Gzowski
Authorized Capital,
Pald>ap Capital, Reserve Fond, - -
Capital fully paid up.7,203,925 Guilders C$2,881,570-)
($388,237-)
KeserveFund
913,092.51S< "
Catharines, Port Colborne, St. Thomas, Ingersoll,
Welland, Fergus, Woodstock, Winnipeg, Man.,
Brandon, Man., Essex Centre, Niagara
Falls
3 Angel Court.
Otlioe, 422 California St.
Agents, J. ife W. Sellgman & Co.
Correspnnd'te, MaasactnuettsN. Bk.
Cashier.
OFFICE, TORONTO.
BRANOBES:
&.
BROADWAY, NEW YORK
(LIMITED).
1
Imperial
216
$250,000. Invested In U. S. Gov't Bonds.
1200,000 depi)sited with the N. Y. Ins. Dep't, tor
the protection of Policy-holders.
Assets, January 1st, 188B, 1690,5(10 42.
OfiSclals of Banks, Railroads and Uxpress Companies. M:tnaKers. Secretaries, and Clerks of Public Companies, Instil utions and Commercial firms, can obtain
IiONDON, Head Olliee,
BOSTON
sell
4
1
NEW YORK
North America,
No. 52 WAIil.
FIDELITY
SAN FRANCISCO
or
British
H
Olcott and J. E. Pulsford.
Anglo- Californian Bank
j
Bank
H.
28 State Street, Boston, HIa»».
T
D. J. TOMPKINS, Secretary.
NEW York Directors— Joseph W. Drexel.A. L.
Hopkins, H. Victor Newcomo, John Paton, Daniel
Torrance. Bdw. F. Winslow, UrastuB Wiman, F. P.
CO.
18 mrall street, Neiv ITork
Aeents
Agents.
AGENCY OF THE
Correspo>,t)ents,
BROTHERS &
;
Edward Rawunqs.
Cash Capital,
Co.,
ENGLiAlWD.
L,ONDOIV,
$5,725,000 Paid Up.
$1,375,000
resident, ANDREW ALLAN, Esq.
Vice-President. BOBBKT ANDERSON, Esq.
-
BON. JAS. FERRIIB.
:
NEW YORK OFFICE:
NO. Ill RROADIS^AY.
Nos. 214
&
Blake, Boissevain
$300,000
830.000
240,000
Vice-President;
ALE2. T. OALT,
Hana«inK Director
City Loans.
Solicit accounts and agencies of Banks, Railways
OF CANADA.
•
President:
Corporations. Firms and Individuals upon
favorable terms; also orders for the purchase and sale of Bonds, Shares, &c., &c. on
the Stock Exchanpre.
Interest allowed on Deposits, subject to eo-days
sight drafts, at Bank of England rate, and
one-percent below that rate subject to
Merchants' Bank
Capital,
Eeserye,
Cash Capital
Assets and Resources
Deposit with Insurance Department
8lli
demand drafts.
Negotiate Railway. State and
Co.
OF NORTH AMERICA.
Solicit accounts and agencies of Banks, Railways
NSW lORK OFFIOE:
& 61 ATAIil. STREET,
Transfers
The Guarantee
LiOSTDonr.
General Manager.
50
Noa.
Co.,
62 Gresliam Honse, E. C,
President.
BUCHANAN,
.T.
&
Heinemann
$12,000,000 Gold.
- $6,000,000 Oold.
- - - - •
J. P. Wiiitriiigliam, 3« Pine St., N. T.
Note Telephone Call "23y.lohn.""
"•""
Shs.
INSURANCE
C'lTYRR.
20 American.
6 American Exchange.
20 Citisens'.
12 Continental.
Empire
10
:;6
City.
Homo.
'"
Shs.
100 Bleecker st.& Kult.Fy.
100 Brondway & 7th Ave.
100 Central Crusstown.
20 Cent. P.N. & B. RiT.
25 Dry l)k. E. Bway & B.
lu Ki^'htli Avenue.
35
20 Lonti Island.
80 Mercantile.
5 Merchants'
25 People's,
M. & Grand
4-'d
St.
Fy.
150 42d St.Manh'v. & St.N.
50 SiH-ond Avenue.
20 Tliird Avenue.
11
London,
COPTHALI. COURT,
B. C, 1st January, 1880.
1
f
mE
BEG TO ACQUAINT YOU THAT
"*
we have this day commenced to carry on a genBanking and Commission business at the above
address, in co-partnership, under the style of
eral
BLAKE, BOISSEVAIN &
MB. H.
J.
DeLANOY MEYER
CO.
wlU slKD for onr
firm by procuration.
STANTON BLAKB,
Secretary.
A. A. H. BOISSBTAIN,
William
W.
Attorney and Counsellor at £.aw
No,
F
Porter,
WAIJfUT STREET,
Pblladelphla, Pa.
623
Corporation, Transportation and Commercial Law.
REFERENCES:— The Trust Companies, The Natlona
Banks and Itailroad CompanlM In Philadelphia, and
he Judges of anr ot the Coiuti.
B.
RI.AKB.
Chronicle Numbers
WANTED.
967, 970, 97f, 976, 981, and Jane
1884, Supplement.
Ten Cants for each
ot the abovel paid at the Oflot
:
June
1886.]
19,
gaulis and
|Jlattlict;a
W. Oookin,
F.
^iwnutivCi.
MEW EWO LAHTB BANKERS.
BANKS.
Oao. STCBan), rm't.
THE CHRONICLE.
<i>ttt of ^tm ^orU.
Asit.
Cuh
Samuel G. Studley,
North-Western Nat'l Bank, 0OMMI8SIUN STOCK BltOKEK,
ClIICACiO, ILM\OIS.
No. 4 Bzohansa Place, Room Mo. 4,
Capital, $200,000. Surplus, $50,000.
BOSTON, HASS.
Bank taoId> In addition tl.OOO.OOO U. 8.4 per
ThU
oent BundH at par, pledged by Its stookholderB for
the protection of lt« ooatoniers. Said bonds are
pledsed as above Instead of belnx held hj the Bank
a part of Its lettal surplus, to avoid what we think
unjust and excessive looal taxation.
u
LooowicK J. Uiu.,
PUII.AUELPHIA BANKERS.
McCakdliss. A.W.H11.L
B, 8,
Vloe-Pres't
Cashier,
President.
MBMBKIl OF BOHTON BTOCK BIOHANOS.
&
Narr
TUB
Gerlach,
BANKERS AND BROKERS,
Gate City National Bank
No, 437 ('irESTNUT STREET,
PIIIL.\DKLPUIA.
ATLANTA, GEOHGIA.
VniUd
Dttignated Depository of Iht
and Surplus,
Capital
Members
Aocounts of BankM, Morchiints, Corporations and
IndlTlduaU respectfully Holicited.
Collections promptly made and remitted for.
Will act as aKent for the investment of Idle and
•tirplus funds of Banks or Individuals.
In our active and Krowlnir city money Is always In
demand. Our rates reasonable. Qlve us a trial.
SBSnUAX
8.
JEWETT, I'rCS. JOSIAH jKWKTT,V,Pres
William
Bank
Coknwkll.
C.
Cashier.
BUFFALO,
Blackwell,
Btook
Exohanxe and L«tt«rt of
Jos.
of
DCKHAm,
Wiier,
BOBBHT M. JANKIT,
M. shoemaker & Co.
BANKERS AND BTOCK BBOKKRB,
No. IS4 SOUTH THIRD STREET,
PIIILADELPniA.
Cashier.
Durham,
N. C,
Special Attention to Collections.
FIRST-CLASS FACILITIES.
&
Wilson, Colston
Co.,
BANKERS AND BROKERS,
(Members
of Baltimore Stock Exchange),
BAI.TIinOBE.
(IN VRSTMKNT and SOUTHKRN SECURITIKS a
specialty.)
(A)rrespondence solicited and
Information for-
nished.
N, Y. Correspondents— McKliD Brothers
& Co.
Park Bank
and Seventh Ward National Bank.
J. Q. Fletcher,
President.
j
STATE BANK,
J
Incorporated 1875.
)C.
T.Walker,
(
Cashier.
LITTLE ROCK, ARKANSAS.
Capital (Paid in)
-
-
-
-
$200,000
-
TRANSACT A OEXBRAIi "boMESTIC AND
FOREIGN liANKINQ BUSINESS.
Prompt attention piven to all t)UBvnes8 in our line.
N. Y. CoitKEsi'OM)BNTS.— Importers' & Traders'
National Bank aixl National Bank of tbe Republic.
A. K.
B. E. BniiiL'SS, Pres't.
Walkeh,
Oollectlons
made on
WESTERN BANKERS.
Cashier.
First National Bank,
WILMINGTON, N. C.
Collections
made on
all
No. 137
JOHX
JOHN
F.
Olexx, Cash.
BRANCH,
P.
FiiEi). R.
President.
ScuTT. Vice- Pres't
THOMAS) BRAJVCH
&
CO.,
BANKERS AND COMMISSION MKRCHANTS,
RICHITIOND, VIRGINIA.
Circulars and information on fundinflthe debts of
Virginia and North Carolina free of cost one-eiehth
per ct^nt charged for fundintj. Southern Railroad
and State and City Honfis botiKht and sold.
;
EBTGLAND BAIVKERS.
BTEW^
Brewster,
Cobb
&
No. 135
SUPERIOR STREET,
CLEVELAND, OHIO.
Transact a general banking business, and
Southern points on best
terms; prompt returns,
Co.,
BANKERS,
MERCHANTS" NATIONAL BANK,
RICHITIOND, VIRGINIA.
&
Lamprecht Bros.
parts of the United States.
all
IN
BANKERS.
CONGRESS STREET,
DEAL
TOWN, COUNTY AND CITY BONDS. UsU
and prices furnished on application. Write us if you
wish to buy or sell. Kefer, by permission, to Society
for Savings, SavinRs & Trust Co. and National Banks
of Cleveland, Ohio.
EBTABLISHSD
P.
F.
197L
TFIE
&
Keleher
Co.,
Dflfanlted Bonds of Mlssotirl, Kansas and IHlnottt
Specialty. Qood Investment Mcorltles, paylnR from
four to eUht per cent, for sale.
&
Joshua Wilbour,
Benjamin A. Jacksu.n,
States Bonds.
CLEVELAND, OHIO.
J^ttcttoti ilaljes.
ciiaiiles h. Sueldon,
Willia.vi Bi.n.ney. Jr.
BANKERS AND BKOKKRS,
TTKTBOSSKT STRF.ET,
No. 52
I.
Dealers In Commercial Paper, ("Jovemmcnt and
othor tirKt'Class Bonds and Securities and Foreign
ExchanKe.
Private Telegraph Wire to
New York and Boston,
and
BONDS
At Auction.
Jb
Wilbour, Jackson & Co.,
PROTII>EN€E, R.
STOCKS
n»e Undersigned hold
BALKS
REOCLulR AUCTION
of all clauses of
BONDS,
STOCKS AND
ON
WKDNESDAVa AND SATURDAYS.
ADRIAN U. MVLEER &
No, 12
FINE STREET,
;
per oent of \m^. Hannibal A TairlM
ftratmortfface: Wabaah Railway fondod debt boofi
and sciip—
The andersttfned. a oommlttee under the bondholders' agreement of July 16. IHBIV. bare iiurchaaed
the lines of the company, sabjeot to all urh^r liena*
A
7
reiirKanisatlon under this
aipvemeni
will relieve
tho property rn>Tn a flxed charge for Interest apon
twenty seven million dollars of Innlor bonded debt,
and from a lartce amount for rental of noprofltable
llnps. and will also provide, by oontrlbntlona from
such Junior bonds and from sale of the new •took,
for the payment of the exUtloK Keoelven* Indebted-
The holders of bonds secured by the senior roortnow asked to aasent to a reasonable ad*
justment of their Interest claims, neoessary to make
their own security undoubted andjosttotbe bold'
ers of Junior securities anM HtiMk who haTe made tJie
laruti concessions and canh contributions mentioned.
Tne proposal leaves the holders of senior bonds In
Eossesitlon of all their present security, and wlU enale the reorganized company shortly t<j resume Interest payments on all such bonds and promptly to
meet ail fixed churKcs In the future.
Hooks for the nlKufitun'S of the bondholders are
now open at the office of the conimlttee. No. 190
Broadway, where alF<o pamphlets can be obtained
frivinjc full details of the proposed adjustment and
the reasons which make it necessary.
ffaKea are
JAMKH K. .lOY,
T. n. HUBBARD.
New
SON,
NEW YORK.
KQUITABLI BmU>INO.)
1
t
PorchaslOff
EIXJAH T. WBLL£S. { Committee.
O. 1). AHMLKY.
J
York. June
1886.
1,
To the Stockholders of the Texas k
Pacific Railway Company
At a meetinR of the Stockholders of THE TKXA8
& PACIFIC RAILWAY COMPANY, held May mh,
the expression of tbe meetins was that the reori:anization plan now promulgated Is an anneOMsary sacrifice of your property. A committee of three was
appointed to protect your Interests.
We flod that it is Inconsistent with the true interests of all bond and stockholders to have any plan
of reoritanlEation formulated until the true present
possibilities of the property are shown. This has
been impracticable during the short term of the receivership.
We deem It absolutely necessary to
enjfage counsel at once, and so have decided to issue
tbe following petition
IT IS IMPEHATIVB at such times as these that
every holder should come forward Individually to
protect bis Interest. The trifling amount will recommend the petition to every stockholder.
We, the undersigned. Stockholders In THE TEXAS
A PACIFIC RAILWAY COMPANY, hereby agree
to contribute an amount not to exceed fifteen cents
a share, as against tho shares set opposite onr res*
pective names, taward defraying tbe expenses Incurred in protecting our Interests as stockholders
and further agree to pay FIVE CENTS a share as
the first instalment on account of the above Immediately, subject to the order of the committee ap
pointed
May
18. 1S80.
petition
is
hands of the Chairman of tbe
58 New Street, where parthemselves can sign tbe
M. BURR. Jit.. Chairman.
In the
Jr..
same.
P.
J.GOODHART,
JOUN BLOODGOOD.
Cammlttee.
~R. T. Wilson
&
Co.,
BANKERS AND COMMISSION MEROHANTB
Excbanxe Court. Nenr Vr-k.
it
Co.,
niVESTME?^ BANKERS,
ALSO,
and United
WmSm*
way moruraire
%nttKtsXf piuitljeuds,
*jc.
OF ST. PACIj A DCLVTH
OFFICE
1880.
RAll,ROAD CO.. ST. PAUL. Minn., May
IS,
Tbe
of the stockholders of tbe 8t.
Huilroad Companr, for the electloa
of directors and the consideration of tbeadTiaaDlUtjr
of a temporary i-hanffe In the application of the n^
Income of the companv, also the matter of reducing
Krades, building new shops. enlarKins St. Paul terminals, building line and peciiriuK terminals tn MlnneniHiiiB, building line to .Minnesota Transfer, building new fencitiK alonR tho railroad line, and snoll
other huslness as may be broiwi.t before the meetInn, will be held at the ofHce of the Company, in the
City of St. Paul, Minn., on Monday, Juno 21, 18H8,
The transfer bttoks will be
at 12 o'clock noon.
olosedatSo'olockP. M., on Saturday, May IS, 188l>,
and reopen on Thursday, June M, Itlw.
Paul
Dealers In municipal, State, Railroad
M
k Toledo
Iowa and Deoatnr A B. Ht. I>Dalsani
raort«a«ee Toledo A W»baah. Wabaah h WeeUra
and Oreat Weetern of iflOS eeoood BortCMHi
Chtoaffo DlTlslon Brat mortsacei Toledo
Weetwrn consolidated InkTur /and Wabaeb RelP
Illinois St So.
805 OLIVE 8TRKET. 8T. LOUIS,
Dealers In 'Western SecnrlUe*.
TOWN, COQNTY A.ND CITy BONDS,
LAKE 80PKRI0H IRON MINING STOCKS,
AND 8TRKKT RAILROAD SKCtlKlTlKS
NEW YORK AND
WabMh *
IlllnoU, ].Aiie Rrle.
ties desirous of protecting
.SPECIALTIES:
BOSTON. STOCK EXCHANGES.
*
Toledo
Committee, M. Burr,
BOSTON.
MEMBERS OF
tbe holders of the follcnrlOR Isanea of bonda,
Louis, Oreftt Wettern of )8M. Quincy
The
Chas. H. Potter
Estabrook,
To
Tls.1
BALTIMORE BANKERS.
Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
German National Bank,
BALTinORE,
New York Correspondents.— The National
Railway Companj,
BROADWAY, NSW YORK.
lOft
ness.
Credit.
gHOUfAKKU
JOa. M.
N. Y.
P. A.
Pres't.
The Bank
Pay
Bills of
9300,000
This bank has superior facilities for making collections on all accessible points in the United states,
Canada and Kurope. Liberal terms extended to accounts of bankers and merchants.
CoHKE..*poNi>KNTs. 'New York, National Shoe &
Leather Bank: Union Hank of I^ndon.
T.
New York
and
F.ichoiiKaa.
Cable Transfers,
of Buffalo,
CAPITAL,
W.
of the Philadelphia
Slalti.
$300,000 00
-
-
Olllce of tho PnrchftRlnfr Coininltte« of
the Wnlmnh St. LoniM k Facino
iinniial nieetlnt;
& Duhith
PHIUP S. HARRIS, Seoraury.
NORTHWESTERN RAILr'HICAOOA
Vj
WAY
CO.MPANY.
tti
Wat.i, St.. .New York,
4. !«««.
A dlTldend of t)NE AND TBREB
UUAUTKR8 PBR CBNT on the preferred Mock
iindTMKKB PSRCBNT on tbe eommon atoek of
June
thlsci>inpany will b« pelll at tbii olllce on Frtday,
June 2&tu Inst. Tranafer booki will be cloied on
Wednesday, June 0, And rentpened^on Mondny
M, L,. 8TKB8,
June 28th, iDiU
XifMonr.
:
:
THE CHRONICLE.
yi
[Vol. XLII.
^itiatxctal^
^tuaticial.
WyiVLVLXitiKl.
REOROAIVIZATION
OF THE
Philadelphia
&
East Tennessee Virginia THE COMMITTEE FOR THE REORGANIZATION OF THE
& Georgia RR.
Reading
Buffalo New York &
>OTI€E.
RAILROAD COMPANY.
The Beoonstruction Trustees of the Philadelphia
& Readiae Hallroad
''ompany request the creditors
and shareholders to deposit their general mortgage
bonds with Messrs. Drexel & Co.. and their other seouritles with Messrs. Brown Brothers & Co., under
the terms of the plan of reorganization, of which
copies can be had upon application at their respective banking houses and at the Gu^^ntee Trust &
Safe Deposit Company.
Under the plan the holder of each $1,000 six per
General Mortgage Bond, with overdue coupons, depositing the same, will receive from Drexel & Co. a
certificate entitling
him to four per cent
interest fOp
three year8,or until reorganization if sooner effected,
and upon reorganization to a four per cent new genmortgage bond for $1 .000 and $480 of preferred
stock— the holder of each seven per cent bond to
receive $20 additional preferred stock.
Income Mortgage and Convertible AdjustmeJit Scrlperal
EA8T TENNESSEE VIRGINIA & GEORGIA RAILROAD COMPANY,
reorganization of
is hereby given to the holders of the Central
Trust Company certificates issued in lieu of East
Tennessee Virginia & Georgia Cansol. Bonds, Cincinnati &Ge rgia Divisional Bonds and East Tennessee Virginia & Georgia Debentures, and the
overdue coupons thereon, that there will be a meeting at the office of the Central Trust Company ON
THE 30TH DAY OF JUNE, 1886, at 13 o'clock nOon.
to designate the first Board of Directors of the new
notice
company,
number.
said.
'-^he polls will
Nsw
Logan County, Oliio, 6s.
Hoilgeuian Coiiniy, Kansas.
Wabasli County, Ind., 68.
Montgomery County, Ind., 6e,
City of L'ma, Oliio, 58.
Cit.v of BIoomingtOD, lU., 88.
Bloomiiigton Township, III., 79.
Lake County, 111., School District,
Imatured coupons.
RaUroad and Coal
Iron Co.
Patf-^lb per cent assessment,
J{eceiw~$l50 Preferred Stock for assessment,
$1,000 Common Stock, with additionai stock to
cover coupons.
Send for Descriptive
Allimseci^red claims when proven (uhether funded
or JloaUng) get the same recognition as Debenture
Pay—$\0 per
IV.
and
-2)4 per cent assessment.
Receive— %2^ Preferred Stock for assessment and
f -r ea h $1,000 bond t200 Common Stock.
Certificates of ieposit n. gotiable at the Stock Exchange, entitlinjjr tbe holders to the new securities
after reorganization, will be Issued to the depositors.
Sixty days' notice by advertisement will be given of
the time for the payment of the assessments.
Under this plan the a nual fixed charges are reduced to $6.97I,6H7, being $954,rtl7 less than the report.ed net earninca of 18S5 {$7,926,303). and secure
to the holders of the Income Stock an annual advantage of $1,559 579. to the holders of the Consolidated
Stock of $1,987,403, and to the holders of Common
Stock of $1,879,929, and the reported averawe net
earnings of the last five years ($9,636,339) would pay a
dividend of five per cent <'n the Preferred Income and
Consolidated Stock, leaving an arnual au plus fund
for dividend on Common Stock of $333.4so 90.
To promote the success of the plan an agreement
has been made with a syndicate ta advance the expenses and disbursements, and if necessary to pay
the cash assessments.
•^i;
In case reorganization can be effected withoutforeclosure, under the present charter. Income Bonds
may be substituted for the proposed issues of new
tock.
the Board of Reconstruction Trustees,
JOHN B. GAKRETT Chairman^
QFFICE OF THE PEJVIVSY1.VA1VIA
,
urer.
JOHN
D.
TAYLOR,
Treasurer.
New
& Banking
Co. of
WBf.
FELIX ALEXANDER,
J, N.
I.YOX^
RA:\CI1 &
for Sale.
DUE
M.
I.
C.
Finance Committee,
City of Nashville,
VVKENNK,'
Tennessee.
Real Estate Debentures:
6 Per Cent Interest. 10 Years' Time,
Aflrst-elass security,
made on
Ss,
HOTEL,
Otmcan Building Oot, Nassau
KNTBANCH
No. 11
ROKERS ANB
BO
<fe
Pine Sta,
PINH 8TKKKT,
DECAIiKRft
IV £>
S
The Largest Best Appointed and Most Liberally
ManaKed Hotel in the City, with the Most Central
and Delightful Location.
HITCHCOCK. DARLING &
JOHN G. MooBB. W.
BOUGHT AND SOLD.
WANTED:
Rolnto Valley Bonds, all issues.
Southern Central Ists.
Toledo Ann Arhur & North Michigan
Indianapolis & Vin enues Ists.
Memphis & LiUlo Uuok Ists.
AliBKRT
K. Kitchen.
Moore
&
G. b.
CO.
Schlbt.
Schley,
BANKERS AND BROKERS,
36
BROAD STREET, NEVF YORK.
Branch Offices
M19 K
Connected with
I.
St., N. Y.
St., Phila. E.
St., Wash'a.
114 So. 8d
A.KVAN8 & ., Boston.
L. Bhewsteh & Co., Chicago.
'
Uin>BABi>& Faiimkr,
llartf'd.
Private vVire Connections.
Stocks. Bonds and Miscellaneous Securities on New Vorlt KxchanKes. also Grain and
Provisions on Chicago Board of Trade.
Buy and
sell
Spencer Trask& Co.,
Bankers,
Nob. 16 AND 18
Investment Securities
NEW YORK.
Madison Square,
72 Wall
Flagg,
Avenue
Fifth
correct principles
by some of the best mort^HKe companies in the counPrice, par and accrued interest.
Pamphlet
sent on application.
JOHN HOCK WELL,
20 Nassau Street, New York.
&
Bonds
1915,
and extensive general equipment.
FAKMEKS' LuAis
TRUST CO.. Trustees.
try.
Reed
CO,
This Company, located in New Mexico, possesses
6,000 acres of land in fee, with grazing and water
rights of 1.500,000 of additional acres, 24,000 head of
high grade cattle, 300 head of horses, and a complete
For particulars write
;
CAtlPBELIi
First Mortgage 8 Per Cent Gold
Issued for funding; portion of lot falling July 1,
bear 5 per cent Intercut, run 20 years, not subject to
call.
Bids receivea up to and including 15th inst.
ISAAC T. HHBA,
W. SKTTI^K,
&
CATTLE
Interest payable January and July.
980,000 Bonds of tbe City of Nasbrtlle, Tenn.,
J.
Coiiiiiiittec.
UlJTCHINSdN,
THE
Augusta, Georgia.
Bonds
15, 1886.
E. SATTKItLEE,
S,
JOIIX i>IAUK(>E,
\V. I>. VVl"?SOK.
J. 1.0M JjKK WKf^SH,
Georgia
A road that has never defaulted on an obligation
and earns, as well as pays, dividends on its stock.
Also Stock of the above road for sale.
YoUK. May
Chairman.
L J. WISTAR,
Tkwis viAV,
Paid January and July.
Central RR.
At a meeting
Payments will be required prior to July 1st, 1886,
for which receipts will be given, bearing interest at
tne rate of four per cent per annum from th^ date
o
yraent until November 1st, lSw6, at which time
said roccipls wtl! cease t-) bewr interest. On and
after Novombor 1st. 1HS6, certiflontes of new stock
Will be delivered upon surrender of the receipts.
ILL.
The undersigned Committee of Reorganization
duly appointed to represent all interests have unanimously adopted the plan of reorganization under
foreclosure of all divisional mortjiaKes contained in
the circular this day issued, and request you to deposit your holdings on or before the 15th day of July,
1886. subject thereto, with the Farmers' Loan 8t
Trust Company of the City of New York, receiving
in exchange negotiable certificates therefor, such
deposit and receipt t-j be regarded as equivalent to
signing an agreement for re*)rganizatiou in accordance with the plan submitted, copies of which plan
and agreement can be had on application at the comEany's office. No. 195 Broadway, or to the Farmers'
lOan & Trust Company, JiO and 22 William Street,
New York.
At the expiration of the above period, should the
committee nave been placed in possession of a controlling interest in the securities named, it will at
once proceed to execute the plan proposed.
Should, however, any one or more of the interests
concerned have failed thus tu give the committee
control of their respective securities, those of such
class of securities as have been so deposited will he
returned to tte respective depositors upon the return and cancellation of tne negotiable certlflcates
issued therefi»r. as provided in said figreement.
The committee is reluctantly obliged to designate
a short time for the execution of this plan because it
is advised that a large portion of the road must be
soon closed to opt-rutions unless outside funds are
provided for repairs, and funds cannot be provided
with safety until the success of the plan of reorganization be assured.
DEBEiXTURE BOIVDS
12, 1886.
Aggregate
$4,000,000 00
thejjrivllege be given to the shareholders of the
Company of subscribing at par, between tne fifteenth
and thirtieth days of June, 1886, for four per cent
of their respective holdings as they stand registered
on Wednesday, May 12th instant. Shareholders entitled to a fraction of a share may subscribe for a
full share. The privilege of subscribing may be sold
by any shareholder, and blank forms for such purpose will be furnished on application to the Treas-
CO., Bankers,
Si.
Safe Six Per Cents.
Interest
RAILROAD COMPANY.
of the Board of Directors, held this
day, the following resolution was adopted
Resolved, That for the purpose of providing the
necessary capital for construction and equipment
expenditures during the year 1886 on the main and
leased lines and branches, and for the completion
and extension of new and auxiliary lines, the cost
of which is estimated as follows
Construction work, Pennsylvania Railroad, branches and leased lines
$600,000 00
Real estate. Pennsylvania Railroad,
branches and leased lines
400,000 00
Locomotive engines, passenger equipment, &c
800,000 00
New construction on branch and auxiliary lines now in operation
700,000 00
And for new branch and auxiliary lines
under construction
1,500,000 00
W, BARRIS
CHICAGO,
Pay
Philadelphia, May
69.
I<Ists,
For sale by
Common Stocks
share.
ilficetw~$10 Preferred Stock for assessment
$50 Common Stock per share.
Deferred Income Bonds-
By order of
68.
City of Clc¥e!aufl, Ohio, 412a.
City of Cincinnati, Oliio, 4e.
I
Bonds.
ihe old Preferred and
To the Bond and Stockholders of the
Texas & Pacific and the New Orleans
Pacific Railways.
Scott County, Iowa, 58
Stock.
Fives Consols, 2d SeriesPay— 1& per cent assessment.
Receive— tl50 Preferred Stock for assessment.
fwith additio' al Common
%2^ consolidated Stock, J and Consolidated Stock in
same proportions equal to
$750 Common Stock,
Debentv/res of
be open from 12 o'clock noon to 3
BONDS.
Pa/y~10 per cent assessment.
Jteceive—%100 Preferred Stock for assesament,
$1,000 fwlthsuch addition as equals the mMtured
coupons at reorganization) of Consolidated
and
A« niABClTS, Secretary.
in
F. P. OL.COTT, Chairman.
York, June 2. 1886.
J^M
Convertible 7s
to consist of fifteen (15)
Co.
beg to announce that over fifteen millions of bonds
have been deposited, and hereby given' tice that the
time within which the bondholders and stockholders
of the Buffalo New York & Philadelphia Railroad
Company may become parties to the reorganization
agreement of Feb. 15, 1886. has been extended to
JUNE 15. After that date securities will only be received upon terms to be fixed and announced by the
committee.
By order of the committee.
By order of the Committee.
Pau— 10 per cent cash
(t
Board
o'clock P. M.
The transfer books of said certificates will be closed
on June 21, 1886.
iiolders.
aases^sment.
Jieceive~$100 Preferred Stock for assessment and
$L,000 (with such addition as equals matured
coupons at reorganization) of lucome Stock.
Consols, 1st Series—
the
RR.
Philadelphia
Agreeably to Section Third of the agreement of
Broad Street,
Iransact a General Banking Busines-
Branch Offices:
Connected by Private Wire*.
Ists.
£. HAGHFIKIiD,
No. 6^ Piue Street.
Philadelphia, 132 South Third Street.
Albany, JSf. Y., 65 State Street.
Providence, R. I., 13 Westminster 8t,
Saratoga, N. Y„ Grand Union Hotel-
!
i
|
'
!
'
W r0mae
ontnitrti^ff
AND
HUNT'S MERCHANTS' MAGAZINE,
tEPRESENTINO^ THE INDUSTRIAL
VOL.
Thk
f
AND COMMEBCIAL INTERESTS OP THE UNITED STATMl
SATURDAY, JUNE
42.
NO.
12, 1886.
1,094.
cent, the result at New York baing a gain of 20-6 per cent,
and at the other Clearing Houses 15'8 per cent. The aggrefor the five months since January 1 compares very favor gate
Commercial and Financial Chronicle is published in
ably with the corresponding period a year ago, the increase
Neu) York enery Saturday morning.
reaching 28 per cent,
Entered at the Post Office, New York, N.Y., aa secondolasa mall matter.)
wniiAMB DANA
jS^no FLOYD
^'^'*'''''^™
)
f
&
79
"•
DANA &
May.
Co., Publiahera
81 William SIreet, titxf
Post Oikice Box 958.
YORK.
1886.
New York.
CLEAR mo SOUSE RETURNS.
2.410,327,661 1.007,8d7,281 1+20-6 t8,aft7,4i6,ae7
Boston
Providence...
The returns of exchanges for the week ended June 5 exhibit Hartford
New Haven..
further improvement, despite the fact that at New Yorli ani Portland
in the New England section and at many cities in the West Worcester....
the iigures embrace only five business days, while during Sprineaeld
LoweU
the previous week at all points except Philadelphia and PittsTot. N. Eng.
burg six days were included. In the aggregate the gain over
Philadelphia..
May 29 reaches |31, 563,737, which is pretty generally partici- Pittsburg
pated in. The comparison with 1885 is also impossible, for as Baltimore
816.494,791
8i,162,400
6.367.3?<3
4.08>.S43
3.886.575
3.413.137
8,0»l,012
2,196,271
...
stated above the current figures are this year in most inTot. Middle..
tances for five days, whereas last year in all cases six days
(Hilcago
were covered. Yet, notwithstanding this, there is an increase Cincinnati....
in the total of 15-3 per cent. New York Stock Exchange share Milwaukee ...
Bales for the five days reach a market value of |103,353,000. Detroit
Indianapolis...
against |45.000,000 for the full week of 1885,
Cneveland
Columbus.
Week Bndfng Junt
Per Cent.
1886.
I(«wYork
Salu 0/—
»S77,038,688
1468,877,505
(Stocks.. ..tharw.)
(1.571.-147I
(72S.957)
(Cotton
hala.)
(Grain... fru«h«(«)
(273.900)
(199,400)
(46.510,337)
iM. 121,000)
(.Ptt/roltvm.MU.)
(38.230,000)
(45.27fl.000)
172,216,845
3,718,000
1,533,564
$70,296,985
1,017,987
1,203.531
025,546
6«5,625
^089,362
Boston
Provldenoe...
Hartford
New Haven
(+115-6)
1+37-41
1886.
$693,840,466
+211
1,878,848,728
1.983,444,718 +88-8
177.961.070'+er3
32.171.198i
48.539,553
28,5?B.301 +18-5!
4S.612.187 -0-l(
1,120.449.948
160,048.168
246.268,784
900,140.919 +8S-e
141,»>4,0el +18-8
819,402,468, —1-3
1.290,767,448+191)
296,010,069,
263.159,818
+164
1,535,780,847
208.6I3.93S!
38,2»5.8<I0
15.1 14,3 '3
18,022,322
4,65W.86I
9.543.339,
7.040.922
3,074,643
13,851.278
189.230.891+10-8
963,321,144
197,260,400
72,699,053
68,818.563
24,698,060
46,978,669
35,907,069
281,867,662
35.466.180 +8-0'
3-1
15.&98,59b
11,311,102 +13-1
4,451.891 +2-4,
8,157.836 +17-0
6,417,008 +30-1
+0-3
8.788,884 +66-4
3,068.^8
+116
179,0»7,950 +10^
78,S87,ie8
61,668,701 +1ll-«
84,604,408
0;1
8<«,80T,0B0
14,538,600!
87,006,989
16,076,511
60,008,998
4332V,04S' +38-8
+72-5
St. Lonis
St. Joseph....
70.801.052
3,334.591
62.R33..370 fl8-7
2,733,530, +2.'*-9
Orleans..
Louisville
27.333,:i()0
24,697.700+10-7
lS.lH0,3-27
17,949.379,
Kansas
+12
3I8.822,67S
17,280.347
i:2.155,4«2
93,578,669
23.676.866
6,882.034
19.657.784 -I-30-6
4,882,121 ^^6•l
106,ti38,4»7
»1,93W,834!
+111
86.'!,861.188
-0*
I,478,048,446| 1,816,198,943+18-3
308.377.788 +3-4
13,081.847 +88-1
168,296.743 +2-3
+5-7
83,790,186+27-8
90.458. »61
Tot. South...
151.375.170
132,193,887 +14-5
745.415,272
894,978,866
+7-3
+8-7
-8-8
$72,842,242'
San Francisco.
45,742,864
41,568,564 t-lOO'
229.131 ,988j
828.918,<H8
+0-1
3.697,700
+67-8
+37-4
1,380,373
+231
1,065,771;
789,721
783,481
477.795
-S-4
-13-1
—15-0
—13-8
+7-0
—4-3
+17-3
+15-5
+23-4
181,113,263
$80,072,081
+1-7
$81,894,698j
^si-l
158.831,480
$63,754,947
$38,623,435'
+2-3-2
5,883,350'
10,558,063'
-«-4
-8-3
$51,9'M,878
+11-1
3,823.100
1.607.806
PttUborg
8,046,174'
7,012,493
Baltimore
12,951,45^'
11,729,305
$72,526,745
+10-1
803,118
747,927
712.851
j
444,7 lei
$56,819,766
9,328,450
Milwaukee
3,868,971
$62,148,709
9,701,300
5,131,935
Detroit
Indianapolis
8,125,180
2,817,084
1,158,892
1,383,718
Cleveland
8,331,678
Colambai
1,680,130
2,288.321
1,527,358
Peoria
774,281
785,490
Omaha. .M
8,348,596
3,160,495
Denver"
2.789,003
-8-6
-8-3
-24-6
+10-9
-16-4
-2-5
+6-1
-1-4
+6-8
$88,946,384
-7-5
$15,372,891
$15,160,683
874,305
S,1»8,6S9
+1-4
+25-1
+44-4
+10-4
+86-8
+43-6
1,093,919
7,497,900
LonlsTllle
6,472,991
4,958,478
Kansas City
B,994,42S
4,750,598
Memphis.
1,411.324
998,978
Galveston*
629,473
Total
S,579.!520,694 3.007.661,750
all
OntoldeN.
30,980,S18 +18-S
+ I90'l9.224.620.9e5' 16.018.445,598 +88-0
Y.. 1.169.193.0:):) 1.009.824.409 i-15-8
5.8<i;.-206.-378
5.054.307.420+16-1
Five iiioiiHu. 1886.
live montht, I88S.
2>Mer<pt<on.
$44,71^,316
8,767,600
3,383,448
2,668,616
1,068,846
1,963,!
1,693,837
762,964
3,452,699
+28-1
+30-5
+24-3
+86-3
+29-0
+30-8
+54-2
+19-3
+83-1
3,192,276
$82,209,831
Memphis
Our compilation covering transactions on the various New
York exchanges is brought down for another month, and now
+368 embraces the first five
months of 1886 and 1883.
+10-5
"
"$79,829,110
Lonis
Bt. Joseph
New Orleans
299,214,738
312,914,529,
CItT...
-<W
14.875.78M +16-6
15.1M,47a
6-e
9,135,084 +a:.4-4
362,250,411
Tot. West...
New
18,8!;9,6a8
216,196,316
t*eriJent
(1,941,788! (+181-6)
M8-8
8l,8W,S0d H8-8
88,648457 +1-0
(+30-0)
(+36-3)
(-16-6)
+0-4
+14-3
+10-4
Total Western..
18,894,655
17.388.561
ie.l84.S«9i
10,448,9671
8,984.3:0 +2-7(
l.SSl.OOl +18-3]
i-se-s
88,8a!>JM0
(47,312,000),
838.a3l
Bt.
28.8e9,S4fl
+M-I
1
(+91'01
437.3fl5
ChlcaffO
Cincinnati
Omaha
86,871,060
9,«(M,lS8,178
(+12-6)
SprlnKfleld
Total Middle..
....
Peoria
+4-7
4.563,5851 +l-6
S,686.640; +5-4
3.094.120+11-8
6,081,556
P.Ct.
(301,300)
Lowell
Philadelphia
Jfii/-29.
860,049,8-26 +81-3 i,8(n,6ie.oe8
16,988,300! -i-Sro;
93,926,000
1885.
(65,87«,000)
,
Total N. Bntrland
+231
Bndtna
J
Portland
Worcester
tVeek
5.
P(r< months.
1886.
iP.«.
1888.
$68,354,684
+31-1
$15,654,936
+21-1
837,756
+126
6,138,861
+34-2
8,519,598
+ 0-5
8,410,839
+88-3
+41-4
1,875,956
781,797
stock -Sh'r's
Por Value
Actual
Average
or QtMntiiy
Value.
Price.
\
Par Value
Actual
or Quaiitityi
Value.
41.2141.983
\Arer'tl
Price.
30.638.101
70-3
«8-3
( 1889384777;
Value M«.")"433X03 [2364901589
j 8738.716.450
bonds... $262,017.50(1 e-221.5SO.045l 85-7
$160,486,760 $110,851,428' 69-0
$6,024.9110
$7,257,508 120-4
$6,967,702 118-8
$5,888,700,
$,'.a)0.78l, .34-0
$6,760,998
$2,152,400
14,835 42-5
Bank stocks.
$738,162 1 19-4
112-9
$635,165
$134,628
Petr'l'm.bbls 1121.-i31,000 $8.'*6.097.759j78 0-10o 1,258,588.000
77
Cotton, bales
10.870,000 $306.I24.110'$48 47
7,3;7,900:
$66 95
drain. ..bush 8^1,815.824 $527,660,501 83XC.
795.693,407
840.
RR.
Gov't bonds.
State bonds.
—
Mo
Total value
4.717.870.4301
4,083,967.546
The returns
of exchanges, as received by telegpiuph, for the
five days ended this (Friday) evening cK>mpare very favorably
with the corresponding period of 1885. All the cities show
satisfactory gains, and in the aggregate there is an increase
over last year of 36-8 per cent, while outside of New York the
excess reaches 17 per cent.
rtvt DaviKpulint Junt
1888.
N«wTork
ax* 0/ Stock
(•»«.)
Boiton.
Phllodelphta
11,
PtrOuU.
1888.
$498,60S,T39
1338.466 573
(1,385,483)
(607,688,
60,406,664
51,442,796
41,374.801
34,305,7431
a Aon jjkI
tD'»sS>«IVJ<nw41886.
Psrdml
$478,989,406
+18*7
(+90-0)
(1,880,466)
(+68-8)
+t7"4
+90-«
60,788,488
J.^fl<A
a.lA*9
60,174,411
11.970,079
+89-7
47.000,000
M-8
1S.668.8S0
6,078,960
35,069,000
11,818,980
4,481,784
+14-S
8,408.884
+8-S
+8-4
+19-8
-14-6
+9-5
+37-9
$670,143,158
$4;8,968J13
66..531.8S8
the returns record a slight excess
over those for April. The gain is, however,
entirelv outside
Total all
$788,694,887
of rvew York, for that city exhibits a loss
of about |10,.'300,000. OaUlde New Tnrk litt.lAi.'iM
U)ntra8ted with May of 1885 there is an Increase of 19 per
•iCaUniatedOD U• haslf of the
61.349,788
+80-0
+8-S
$088378,408
81371,100
+18-8
+10-6
I718.?4»,e»7
+ 18^
$899.380 881
4-2-a
Total Sonthem..
Ban Franolsco
Total
all
$36,84.3.417
$31,919,690
$9,886,023
$9,535,194
$867,280,315
$751,877.599
+1B-4
,
Outside
New York
Not inclnded
$290.211.727.
In total.
For the month of
Miy
$283.000.0941
$82,937,446
+21-4
Baltlittotv
+*7
$18,121,466
+13-7
+15-8
$845,716,5 78
'+!vf3
$860,0;6,112
+9U1
+?g~
Chioitfo
St-LonU
New
Orleans
Total
B4iUnoe, Conntrr*
9 963,098
45,484.000
18,346,300
$630,908,001
ilOS.888.48^
laet
weekly
+S6-8
~+iro~
r<itnm.
—
THE CHRONICLK
704
posed
THE FINANCIAL SITUATION.
There has heen no
A
past -week.
street
is
essential
bank and
firmer tone at
little
money
change in
the
en the
but no substantial improvement in
observable,
be drawn against securities tbe negotiation
to
which
of
the
sight
completed by
yet
another
still
for
be for
to
not
is
bonds;
mand
[Vol. XLII.
drafts
the purpose of
feature
the delivery
was
good
a
of
de-
and cable transfers, claimed
renewing loan bills.
Such
bankers' balances at the Stock movements as these and the operations of the arbitrage
forced
up
to 7 percent; it was, however, brokers control the exchange market, there being nothing
were
Exchange
a mere spurt, wholly exceptional, ofierings becoming im- in the trade situation to justify a longer continuance of
mediately liberal, and since then the rate has fallen as the prevailing high rates.
Futures against next year's
low as 1 per cent. The average for the week has not cotton crop are coming on the market and are offered at
been above 2 J per cent, with renewals at 2J per cent. temptingly low prices basiies, our merchandise imports
Banks have been asking as heretofore 3 per cent, and have have declined materially while experts are larger than
rates.
On Tuesday
;
probably come a little nearer getting it than last week, they were in April; but as long as the Bank of Engbusiness having been done somewhere between that land reserve of gold is so low, and the prospect of a
Tiiis better tone is due wholly to
rate and 2^ per cent.
possible urgency in the need there for ^Id continues, it is
the better business outlook and increasing enterprise, for
so far as our city institutions are concerned, loanable
funds are now on the increase but as yet accumulations
wcQ not by any means so great as to burden them with
funds, even had there been no improvemeat in the inquiry,
;
.for probably six of
them are carrying about
the sur.
all
not unlikely that our exchange market
will
be sensitive
and may therefore continue to rule higher than the conditions of trade warrant.
The Agricultural
June crop
on the whole
of
Department's report on
very favorable.
is
plus reserve shown in the weekly statement, the remainder
subsequent to the
the
first
was issued Thursday afternoon, and
situation,
first
It
should be
said,
that
some material changes
of June,
Commercial
being near or below the 25 per cent line.
is ia only fair supply for the season and rules low,
have taken place.
paper
has
Z^ to 4 per cent being the rate for endorsed bills, 4 to i\ for
commission house names and 4^ to 5 for good single names.
Time loans on choice stock collateral have been made
within a few days at 3^ per cent for three months, and
this rate is bid for the remainder of the year.
The Bank of England minimum rate of discount was
reduced on Thursday to 2|- per cent. A special cable to
us states that of the £506,000 reported increase this week
in the bullion held by the Bank, £284,000 were arrivals
from the United States and £222,000 arrivals from the
annual report of acreage on subsequent pages, while the
interior of
on
a
Great Baitain.
With
addition
this
by the Bank at the
Wednesday was £20,272,164.
bullion
held
unexpected
little
that
close
It
with the stock
the total
of
business
was
perhaps
still
so low,
being nearly 7^ million pounds sterling less than at same
date a year ago, the official minimum should have been
marked down and yet that fact could cause no surprise, for
;
business
is
so very
ddl
in
better,
we
as
conditions in the Northwest have
the cotton
prospect
set out
our own
been
on account of the prolonged drought,
first
in
unfavorable
but subsequently
much needed rain having fallen in allPerhaps we should add, that this week it was
reported that grain in the Bad River Valley was damaged
by frost last Sunday night, but it turns out according tO'
greatly improved, the
districts.
later advices that the report
was grossly exaggerated, the
harm, so far as there was any, being confined to very
limited localities.
The whole situation therefore has not
changed
any
in
of the
month,
better
by
fine
degree
important
except
far
so
showers
as
growing
and
the
since
it
has
first
become
weather
in
tbe cotton belt, and abundant rains in the wheat and corn
As to spring wheat the Agricultural Department makes the area about the_ same as last year and the
average condition 98^ against 97 in June, 1885, and 101
Great Britain that the Bank
The figures reflecting the winter wheat
in June, 1884.
rate was wholly ineffective as a measure for controlling
the open market
Since that date
grown decidedly
rates, discounts for
60 day to 3 months
districts.
condition, through the kindness of Mr. Dodge, statistician
the Department, we have received by telegraph, and
open market being only lf@l J per cent or fully give them in connection with 'other years and previous
one per cent below the official rate after the reduction; months in the following statement.
and in yiew of the dissolution of Parliament and the new
1883.
1884.
1885.
Condition
186«.
elections it does not look as if there could be any increase
of
bills in
in the commercial
demand
for
money during
the summer.
of
mnter
Wheat.
Furthermore the open market rates at the chief money Onlo
centres on the Continent are some of them even lower Indiana
Illinois
than the London rate, while exchange here on London Miasourl...
Kansas ....
continues all the time very high, and this week at Paris MiotaUao..
G^iMfomia.
exchange on London moved up to 25 francs 30 centimes,
Oregon ....
close on to gold exporting point, though after the reduc- New y.rk.
tion in the Bank of England rate it fell oS to 25 francs 28 P'nnsytv'a
Vlruinla...
m
103
101
101
Texas
87
90
93
06
90
100
65
90
93
100
93
95
101
86
97
73
94-9
92-7
Tennessee
centimes. Altogether the conditions indicate the^ tendency
in the flow of
money
at present to
be toward London, and
Maryland..
yet very slight disturbances, even the conversion of the Kus-
At. whole
We
country..
eian debt,
notice,
may serve
to
change the present
relations.
however, that the London Economist seems to
think that Berlin and not London will take the
new
bonds,
ApHl May June. Avril
94
97
88
01
63
93
100
101
93
99
102
100
92>i
97
93
93
101
67
91
103
101
9B
95
71
78
63
78
60
96
UO
103
91
81
43
59
55
03
78
Jfav. June. Avril
59
70
43
60
62
56
63
40
62
88
82
83
91
101
91
101
May. June. May. June.
fc5
85
E7
M
103
S3
93
7S
58
91
53
101
88
95
80
57
07
53
100
91
67
48
71
103
9?
09
88
103
60
100
101
101
lOO
100
102
70
82
91
01
100
101
87
OS
OU
eo
67
5t
70
89
80
88
90
63
07
85
98
98
62
75
69
77
01
83
80
72
77
05
88
99
97
87
9:i
«3!4
7S
82
01
76
90
103
01
03
102
93
100
97
09
07
93
88
The foregoing exhibit is very satisfactory. So far aS'
Western States are concerned it will be noticed that
the
old debt at Berlin being the average, leaving out Kansas, is way above any other
above the English estimate of Eassian credit.
year in the record; the Southern States, and notably
Our foreign exchange market continued easy, but by Texas, are less satisfactory. The report adds that the
no means weak, at the decline of last week Friday, until present surroundings indicate an average yield of a small
Wednesday, when it was again marked up to 4-88 for long fraction over 12 bushels to an acre, and as the acreage was
the high values ruling for the
and 4-90 for
short.
A feature of
the
week was the
offer
ing-of long banker3'_6terling in moderate amounts, sup-
given in the April report at 24,727,087 acres, we may conclude that ^„d figures point to a production of winter
^
..
JfSB
THE (HKONICLE.
la. 1880.1
wUeat of 300,000,000 bushels. If we
result
total
call the
spring wheat
150,000,000 busheli", tho present forecast of the year'H
or say about 100 million bushels more than last year's out
The condition of other crops covered by the
turn.
report
in all casts said to
is
it $203,073 for Smxuuj
$522,014 for M»rch. Ia
this year, »nd in Febraary,
Ida increase over last year
t(r<>«8,
$654,291
February, and
for
January the weather was bk-i
as said, it was bad last year, bat
pr«'gateabout4.iO,000, 000 bushels,
wheat crop would
fO^
M*rch there was no
The comparisoa
figures of gross is somewhat impaired by the
as\he West Shore is now a leased line of the
drawback of that kind
be very favorable.
on these
in
ia
either
year.
Whatever changes have taken place in the business out. fact that
The failure ot Central, its earnings are included in those of the Central,
look this week have been advantageous.
In the case
the effort to effect a tie up of the street cars last Saturday whereas for 1885 the latter alone ia covered.
has had a good iofluence, indicating as it did that the of the net, however, the same objection cannot be urged
force of this strike m.ania has at length spent itself.
It
is
against the comparison, since it seems
be generally
to
assumed that all the West Shore's earnings were eaten up
by operating expenses, leaving no net on that road; so
S:.ill it would be incorrect to say that all labor
speedily.
There is considerable that the whole of the increase now shown must have
troubles are over for the present.
It is significant, thereanxiety prevailing in some trades on this subject, and occurred on the Central proper.
while transactions are increasiag again, manufacturers in fore, to note, that according to the above figures, while
we
not likely that
many
have a repetition of those methods
shall
cases are reluctant to enter into contracts for future
work without conditioning them upon unchanged relations
Of one thing our people are deter
with their employees.
mined we think, and that is that they will either conduf
own
their
business without oitside interference or shin
January (on account of the weather) showed a small loss
in the net, in February there was a gain of $365,016, and
in
March a gain of $322,672.
which
In this latter month the
reached the large
total of the net
sum
of $1,272,320,
certainly a gratifying showing, considering that
is
That commercial affairs have again begun in the whole of the three months ended last September
more promising aspect, we have further the net was only $1,553,203.
The Statist also gives a little statement showing the
evidence ia our monthly report of railroadjearnings, giveu
on a subsequent page. The following stitement of clearings figures of the West Shore distinct from those of the Central
not by months, but merely the totals for the quarter, and
also points in the same direction.
only as regards gross results, accompanied, however, by a
CUarintjs OuUide Xetv York,
Cle trlngs TMal All.
MjiUK
similar return for the month of April, which latter will
1888-86.
1884-83.
i8«4-85.
p.c.
P. CI.
lasase.
attract particular attention.
Here is the statement.
up
their shops.
to
wear a
—
|
«
»
»
1
Juir
3.471.301.0T4I 3,109,031.698
+85
AUKUSt
2.9•<4:^i^,e^:^
•a«'<.i,5"3,(i«i>:
8«pteml>ar
Ootober
3,ll2,0i!ii,47lj
.
4.44I,1»-1S.1)U5'
»
1,095,246.090
1,019,118.833
+o-o
943.130,233
933,820,334
+7-3
+1-0
S,(«iaH0.H97, +2-«
3,4«S.UI2,440 +iTl
1,010,593,53!)
965,90a,3as
+4
1,253,202.79!-
1.123,ll*),321
l,222,283,U0:i
1,005,618,628 +21-5
4-7
1.133,961,1.19
+116
MOTember.
Daoember
4,1M1.210,4T4' 3.101,538,«u|-H6-4
4,53H,2«'.44ll 3.512,»10.0t7'+29 2
JanowT..:..
4,110,0i4,ia2
.3,:^!J3.3iO,H^2
+23
rebriuu-r
3.81».*40.m
2,711,214.884
+373
1,073,332.400
881.03s,247 +21-8
lurch
4.13;,»4I,4.SJ
2,aU0.17>l.s77 rs8-i
1,23>.2(58,011
April
3,!)7H,flllO,704
2,H0.',IV,)«,IW
+23-0
May
3,579,520.BH4
3.01)7,1111 7SI
1,107,925,816
1,16H,193,038
983,42U,l'5U +25-.1
1,041,710,733 ^11-2
(-11.-0
.
...
7
1.300,887,07
+
1,231,495.2271 1.137,943,38«
1,0OH,- 24.469
+8-3
^158
These figures show that the turn in the tide has come and
if
nothing unforeseen happens
we may
anticipate
from
this
time a gradual growth in con idence and in business activity_
The division on the Home Rale
Bill in
the British Parliament
has baen a suhj-ict widely discussed during the week,' but
it
has not had and does not seem likely to have any
luflu.
Even in Great Britain, the doubt
which has so loag hung over the future as to the issue of
that question, has baea for some time almost as depressing
an influence as even actual dissolution and the new
ence on affairs here.
elections (which,
it is
claimed, will be over before the
New York
first
West Short.
Central.
1883.
6
Threu months
$8,4!6,000
$5,1(62,000
2,049,000
1,818,00)
(908,000
314,000
(882,000
aae,oae
If8,4f!3.000
<7,77f,0(K)
|1.22<J.I)00
(1,127,000
April
Four months..
This
tells
us that of the gain of $1,380,000 in the gross
reported for the quarter, $906,000 was due to the inclu-
West Shore. It also shows U3 that both roads
have done materially better than a year ago, and that for
April the result is fully as good as in the months
preceding.
In this latter month the Central proper
sion of the
shows gross of $2,049,000
in April,
1885,
while the
this year, against $1, 816,000
West
Sliore
of reporting the figures for the quarter,
in April
against
to the
ttie
method
gross this year
would be $2,363,000, including the West Shore,
$1,816,000
last
year without the
West Shore.
For the four months to the end of April the figures made
up in the same way stand thus $9,705,000 in 1886
increase, $1,927,000, of which
$7,778,000 in 1885
:
of August,) can possibly prove.
has a total of
According
$314,000, against $305,000.
;
;
ttie London
Statist contains some
1707,000 is on the Central proper.
about the earnings of the New York
The trunk line stocks have been very strong this week, and
Ceiitral and West Shore not previously published.
In
as a reason for this strength it has been stated that a settleour issue of the 22d of May we gave the Central's statement of the Nickel Plate Lake Shore difficulty was impendment for the first qii*rtar of the year, but the Statist has
ing, but there is in the figures here given enough to account
the details by months as follows.
for a better market for trunk line securities entirely
New I'nrk Gross UfceifU.
Wtirkinq Expenses and Taxes.
apart from any arrangement between Like Saore and
Net Profit.
The
aum'ier of
litest
interesting figures
Central.
18-«.
1-80.
1886.
1885.
tf-Ctntl
P.Veiit
t
!.295,'W3 2.091,422 1867,3-431 72 65 11.406.834 67-2(1
2',28r.8!9 1,0*J,548 l,a(.2,032[ -&-02 11,312,777 SO'.IO
*
!
(
*
I
Jan..
Fell..
i2.;3.i,2'l^l 2.2.i7,3.V3 1,4-<»,1I4U
_ 3 iniw
.
.
,
7.:|42,2 '0
51 U7 |l,217.604
5758
5.962.822 4,/5«,:>tl| 84 78 k,007,816J 69-23
1888.
e
827,752
683,78!
1,272,320
lx^3.
its rival.
«
that for
Especially
May
BS-l,.58a
321.771
919.848
is
this
true
when we remember
the trunk-line reports, as far as received,
In our monthly review we give
minor roads (all thut will furnish
are equally encouraging.
the
figures
2,083,859 l,fc53,0O7
of a few
seems reason for the belief that the
Brie also has quite a considerable gain, and as to the CleveTi is statement is in'eresting chiefly as showing that in land Columbus Cincinnati & luduuupolis, we have the
Mart h, the last month of the quarter, the improvement in authority of Vice-President Burke for SMying that there
results IS .-is conspicuous as in the earlier months.
In fact, will be an increase of about $100,000 on ttiat road.
if we allow for the circumstance that in February the
Texas & Pacific securities more particularly the Rio
coKpai ison is with vt ry poor earnings a year ago (the Grande division bonds, which are the speculative specialty
Note.— The
of l8-»(i a-n Inclusive of West Sbore R.tilroad.
Thoi<e of l-<-5 .^ive tUu result ot tlie New York Coalral road only.
figures),
but
there
tlff\ires
—
severe weather then
the
March shvwin^
is
—
have also been strong and higher. This
in this market
Taking may be because of reports that the reorganization plan-
pievailing having cut
them dowu),
really the best of the
lot.
'
.
THE CHRONICLE.
706
proposed by the Wistar committee, and
which
is
consid-
red unfawbrable to the interests of the security holders,
seems likely to be defeated, but the probability is that
better earnings (present and prospective) have had much
to do with
it.
Below
is
an
comparative statement
official
of these for two years.
1885.
$
453,914
391,829
to $62,000.
t
1,877,110
2H,180
261,385
last
year, while the
last year.
net rose
For the four months there
gain of $233,000 in the gross, but on the net
comparison with
1,418,808
1,416,725
increased $92,000 over those
for April the gross
month
1885.
1886.
$
S«l,4»l
335,314
89.085
Net earnings
from $26,000
1
The amount
this
week.
Week enitnt June
Into Banks.
11, 1886.
Banks* Interior Movement, as above
Sub-Treasury operations
Total KOld and legal tenders.
Four months.
Apra.
of the corresponding
Friday of
The Bank
Ttxm 4 PaciM'.
Thus
condition of the banks as between Friday of last week and
.
1888.
[Vou ZUI.
a
is
year,
.
I994.000
8,000,000
7,000,000
t8,9W,000
17,458,000
1438,000
Gain..
Gain
»536.0OO
.
1,000,000
Gain. Jl.536.000
England gained £506,000 bullion during
the week. This represents £284,000 drawn from abroad
and £222,000 from the interior. The Bank of France lost
5,250,000 francs gold and 2,100,000 francs silver, and the
of
Bank of Germany since the last report gained 980,000
marks. The following indicates the amount of bullion in
the principal European banks this
responding date
week and
at the cor-
last year.
we have no
this
.
Set Change in
Bank BolMngs,
Out Of Banks.
June 10, 1886.
how-
eoid.
and considering that these four months
do not cover the period of heaviest cotton movement, Baak ot England
and that the road has had to contend with strikes Bank of France
Bank of Germany
on its own and other lines, the showing is not
this week
Total
unsatisfactory, though the ratio of expenses (in which of
June
11, 1885.
Bold.
Silver.
Silver.
ever, is $261,000,
20.272.164
27,502,593
55,499.410 45,204,463 45,318,394 43.122,621
18,916,760 16,775,240 13,854,600 16,933 400
94,688,334 61,979,708 86,675,589 60,056,024
Total previous week.... 95,385,729'61,040,290 «5,043.309 59,953,362
course improvements are not incladed)
is
very heavy.
It
should also be remembered that under the recent rains and
the increased acreage devoted to cotton in Texas, the
prospect of a heavy business the coming season has greatly
The Assay
Office paid
$115,062 through the Sub-Treas-
ury during the week for domestic bullion, and the Assistant
Treasurer received the following from the Custom House.
Oontitting
improved.
As
for the general market,
it
has of course followed in
the wake of the specialties, and the tendency of prices has
been upward. As will be seen from the above, the
general character of the influences has been favorable.
The labor troubles are assuming a less threatening phase,
railroad earnings in
the crop outlook
is
many
very promising, and on the whole there
a general disposition to
is
All this
is
difierent sections are improving,
reflected in
make
the most of the situation.
an increased interest in our Stock
Exchange markets, though the preference seems to be for
bonds rather than for share properties. But these latter
have not failed to gain in favor, and have participated in
The
granger
prices.
upward movement of
the
stocks
have
been
strong
with
the
rest
of
the
notwithstanding the passenger rate war in the Northwhich has now extended to traffic east-bound from
list,
west,
OoM.
Dutiet.
Sold.
June
4.
"
"
5
7.
"
"
8.
9.
"
10
Total
S2,'i0,814
94
305,803
435,165
480,743
337,978
415,839
35
80
22
01
23
U.S.
Bold
Silver Oer-
Note*.
Oerlifle's,
tiflcalet.
$189,000
252,000
418,000
383,000
236,000
343,000
$13,000
17,000
14,000
27,000
9,000
32,000
$47,000
36,000
50,000
55,000
40,000
62,000
$23,500 $1,876,000
$112,000
$290,000
$1,500
1,000
2,000
9,500
1,500
8,000
$2,306,349 55
of—
Included in the above payments were ||6,500 in silver
coin, chiefly
standard dollars.
COURSE OF THE ROCK ISLAND'S TRAFFIC
AND INCOME.
As the Chicago Rock Island
pany recently negotiated the
&
Pacific Railroad
sale of
10 million
Com-
dollars
bonds, for the purposes of extensions in Kansas and
Nebraska, and this week announces the letting of the
new
the Omaha stocks especially were actively dealt
its afiairs atttrjct
first contracts for those extensions,
Western Union has been rather weak, without how- increased attention, the company being one of those staid
ever declining much, the dividend having been passed,
and well ordered concerns which conduct their operations
and the statement for the current and previous quarter in a very quiet fashion and do not aim at sensational
Bonds in most cases show greater
being unfavorable.
Through the courtesy of the company's officials
effects.
advances than stocks, illustrations to the point being the
we were last week favored with an advance copy of the
Erie 2ds, the East Tennessee 5s, the Xickel Plate Ists,
annual report for the late fiscal year, and gave extracts
Canada Southern securities, &.c.
from the same in our investors' column, but for the reason
The following statement, made up from returns col- mentioned a more detailed analysis of the figures now
.ected by us, shows the week's receipts and shipments of
seems not out of place.
gold and currency by the^New York banks.
The officials of the road have shown great promptness
Wet Interior
Sh<ppe<I tv
and dispatch in the preparation of the report, which is
Received by
St.
Paul
;
in.
Week endtni June
11, 1886.
N. r.Banki. W. F.
Bank:
Movemtnt.
ings of gold and currency caused by this
former years. As the fiscal year
ends Marca 31, and the report was placed in our possession last week, only about two months were consumed in
making up the various statements and tables of figures
and having them printed. That is quick work. The
trom the
report
994,00C
(458,000
Gain..
1536.000
je94,000
»458,000
Gain..
J536,000
Oold
Total KOld and leeal tenders
The above shows
interior.
the actual changes in the
In addition to that
bank
hold-
movement to and
movement the banks
issued earlier than in
is
not open, either, to the criticism of being deficient
It contains an exceptionally large store of
jave gained $1,000,000 through the operations of the Sub- or incomplete.
Treasury.
Adding that item to the above, we have the information. In the matter of the traffic statistics parIt affords very full and detailed
following, which should indicate the total gain to the New ticularly is it exemplary.
York Clearing House banks of gold and currency for the figures of the freight and passenger movement, the kinds
week covered by the bank statement to be issued to-day. of traffic and its direction, and various other kindred
It is
always to be remembered,
statement
t
is
however, that the bank
a statement of averages for the week, whereas
he figures below should
reflect the
actual change in the
its
data which are necessary to an intelligent study of
of
case
the
to
contrast
conspicuous
It is in this a
doings.
do
given
comparisons
The
other large companies.
many
—
1
June
THE CHRONICLE.
12, 188«.J
not extend back more than one year, but that
easily supplied by reference to previous reports.
is
a matter
When to
we add celerity of issue, it will be easily seen
Rock Island forms in those particulars an excellent model and example for other managementfc to copy.
Though the mileage of the system has undergone very
detail
all this
..
,
.,
,
that the
707
Here we obaerve that both groia and net in the Ute
yesr were over $200,000 imaller than in the year
preceding, and both over $1,100,000 smaller than in
fiscal
1881-2
—
in fact the net are the smalleat
less
—
of any year lince
The surplus remaining above
1878-9.
than in any other of the thirteen
tb« dividends
yean
ia
given, being
change in recent years there has been practically only $220,239, against $517,186 the year before, $S19,071
no addition whatever to the same since the consolidation in 1383-4, $740,942 in 18823, and $1,603,684 in 1881-2,
with various branch roads in 1880, when also the stock of in all of which years the distribation for dividends
yet in reality, as far as con- the same.
Land receipts (which are in addition to the
the company was doubled
little
WM
—
of traffic, the confines surplus from operations) have also fallen off, the receipts
system have been greatly enlarged, and there has coming mainly from past sales, the company having very
been considerable branching out in new directions. Of little unsold land on hand; but that is an unimportant and
With this the course of its income as above
course, the opening up of new territory, and the general minor matter.
building of new lines, would of themselves have extended set out, and the other large systems encroaching more
cerns the field for the gathering in
of the
the
of the road's operations
field
;
but
we have
mind
in
merely the company's own moves, direct and indirect.
The first step was taken when the road abandoned its
and more upon
its
territory
— the
Milwaukee & St. Paul,
and the Burlington
for instance, building to Kansas City,
& Quincy
—we can
understand that the
incumbent upon them
by purchasing the Chicago & Southwestern reached down to provide for extensions of their own system in the manThat happened several years ago
ner now projected. And the strength of the road finaninto Kansas City.
mere route between Chicago and Omaha, and
position as a
No
about a decade since.
has been incorporated
in
Rock
to St. Paul
other large or distinctive road cially for the work undertaken
system since then or
the
its
made part of the parent road, so that to-day a
many persons think of the Rock Island simply as a
strikingly as in
the
decline in the earnings in
great
the latest year should have
system between Chicago and Omaha and Chicago and
Kansas City. But if none have been taken within the
system, several affiliated roads have
We mean
grown up
outside of
&
Cedar Rapids
of course the Burlington
it
is
shown
in nothing so
fact that, notwithstanding the great
operations
it.
easily
Island managers might feel
years, the net in
the last four
been as much as $4,837 455,
while the fixed charges for interest, rentals, &c., were only
$1,680,030
An
—that
interesting
earnings
is,
whether
is
no more than about one-third the net.
question bearing upon the
it is
the
decline in
result of a smaller business
Northern and the Minneapolis & St. Louis. These are or of lower rates, or of both combined. There has of
both closely identified with the Rock Island and give it course been a great deal of new mileage built in the secBy means of them the latter reaches not tion traversed by the company's lines, and the traffic suptheir traffic.
only such points as St. Paul and Minneapolis, but is plied by that section thus divided among a greatly inextended way into Dakota, opening up to it an important creased number of competitors; but at the same time
and extensive section of the Northwest. The mileage of the development of the whole Western country has been
the roads mentioned has been greatly extended in recent simply marvelous, and there was room and need for
years, and now amounts to some 1,600 miles, all being increased facilities, though not to the extent to which they
have been and still are being undertaken. Below we give
the company's passenger and freight mileage and the
apparently were not taken oS. the Southwest, and now we receiots from the same, as well as the average rate per
find them going across the Missouri River into Nebraska passenger and per ton of freight per mile, for sixteen
and Kansas, with designs on the Indian Territory, a sepa. years.
rate company having been formed for these purposes.
Avtratt
Milet
AmourU AvtTOQt
per
mount Pattmam
Thus the Rock Island managers are seen to have been Fttcal Tear. operatCarried Received per ton pantnaer
CarrUd .4
Beeeived
ed end
tributary to the
Rock
While the Northwest
Island.
terri-
tory was thus being looked after, the eyes of the managers
no
less active
reasons that impelled the latest move,
to the
of year
the only difference being
rivals,
we can
590
612
674
674
674
699
1870-71..
1871-72..
1878--S.
187:i-74,
perhaps best judge by an examination of the company's
income for a
ment
the
of
a
summary
state-
The
income account for thirteen years.
figures cover the operations of
the system
Here is
series of years past.
—mileage,
the
1,384 miles
roads directly within
are in one sense
possibly
more
instructive than
neapolis
&
Louis and the Burlington Cedar Rapids
St.
if
1874-75..
1875-76.
187&-77,
1817-78..
1878-79.
1879-80.
1880-81..
1881-82.
1882-8;)..
— and
OntMUe.
One Mile.
IwrmOt. ptTTMlt,
+
Cent:
Omtt.
44,60|l,47« 1,713,123
8-64
S-84
88.580,690 1,394,140
42,382,171 1,581,7«0
49,186,817 l,e69,57C
M,804,212 1,670,480
59,393,515 1,7S3,9C0
a-49
*
methods adopted for carrying on the work.
as to the
As
than their
they embraced the Min-
&
Northern, for standing as they do they enable one to see
188i-81
1884-85.
188a-8»..
1,003
,003
1
4,083,871
4.213,371
4,597.982
5.003,001
5,892,412
5, 121 ,.',66
6.363,7'
151,864,519
188.764,688
219,394.094
249,533,401
287,913,578
288,525.696
3S7,13S.68&
370.4.-!6,882 5,575,7;
8-60
»3e
152
8-07
1-98
1-91
1-66
1-C«
1-43
1-21
93,;.,,.,. J;.- ,^,^,,0,138
182
*«a
1-28
1-17
1-10
1-04
1-07
a-so
s-go
68,B5il,51fl 2,ii2:),604
B2.<
B2
-'I-37
1,.'W4
1,381
7«1.M9,372 !7.713.t»9 129,208,404
i,:«i
1,381
i,a84
1
.an
.
-
610,859,8(M 6,989,920
(188.458.P51 8.036.168
74rf.57:).(V'4 8,680.480
7SS.J««,K71 9,687,(«7
701.,')H,1,:'.15 7,988j::
764,47>l.ai4 8,096,816
811,l!io.«28 8,144.142
1,21)1
1,311
1,853
361
889
-
113,8M,i>22| 2,853,331
133,134,880 3,333,069
128,819,180.3,313,448
122.«1S,835 3.1 123,884
27,257
i!
8-06
*Vt
««4
8-97
8-97
2-80
*vi
8-48
9-48
• tnclndes freight carried for company's use, for which nothing
charged, and which, therefore, adds nothing to the receipts.
t Including all receipts from passenger trains.
Is
—
Here we note two distinct features first that- the
upon the parent system of the policy of fosterbeen almost exclusively the result
ing the building and extension of outside auxiliary lines. decline in earnings has
least it was so till the late year:
at
in
rates;
of the dec'ine
the effects
Oroits
Xet
Interest, Divi<len(U\
Etittiings- E'lnitngn, R'iU'ts,Ac
i
*
l,fl50.17«
755.00(1
i,fl78..<!84
7^5,<l*K•
l,fl;8,;l84
r,l.'«.574 :3.2afl,«ft4
187H-77.
187:-7S,
18TX-7VI.
187«-.S0.
.vv;
18M-SJ.
18I-2-S3.
1883-84.
ISM-HJ,,
lW5-Hfl.
'il:;
.
1 <;,
I
-».»
>
.
1 ,'..•.:;.",.".
.
i'j.-.'><;.i(i!
.
l-.i.(H').:;i-
1
2.ll«7,9»0|
39«,.'«6
l.«7S,:jJ*l'
nts.us
i.i:b,5su
1.271.8:)?
1.9M7.II81
2,0«7,«H<1
2.727 ,"87
1.199,800
1.9S8,»79
1,827,928
1,1112.1111
2.'.):;7.i^n
1
.non.rtsj
l.l'M,':';,
,
iSpent for
m,nti.
I-
t
+
+
t
360,000
490,000
rwi,noo
on«..vsi
1,128.1172
I2,2sr,.ilsi)
2,2iri.'iO()
l.:;o(i.(»(io
i.L';)<'.'«H)
;
.-,<
" w lo
4ft:!(XX>
Soiitliwesteiu not Included In these years.
*
Cliiongo
t
Carried to sinking fund.
ik
S43,887
i.ioe.goo
tl,8I8,081
N55,<««i
1,1«7.:',«
I.2I3.U7
H.
18S0-81.
r
IReeeifU.
t
*
*
7(M.1S5
1M4-75
1873-7fi
1873-74
;
Surplus.
$3A,276 In settlement of U. 8, income tax.
Against ilii'! tbenew company (funned at time of doubling of stock)
received $705,672 cash assets from the old company.
;
^
.\ftfr iiaying
and secondly that despite the severity of competition the
company managed to increase its traffic year by year till
There was a noteworthy falling off in the
this last year.
tonnage in 1882-3, but that was because of the crop failure,
in 1883-4 there was a marked recovery, followed in
1884-5 by a further gain to the highest figures ever made.
But in the late year a decided contraction again occurs,
and
which the smaller yield of spring wheat could have
played only a small part, and we are not sure but that that
in
contraction warrants the
the number
conclusion
that
the increase in
of competing roads has reached a point
where
1
THE CHRONICLE.
708
the natural increase in
traffic is
no longer
its
business falling
and now
off,
is
Much
XUI.
merchandise, but on the contrary show a constantly dimin-
sufficient to take
ishing amount,
care of the same wiihout encroaching upon the business
But in any event the Rock Island
of the older lines.
found
[Vol.
is,
encroachment by
however, in
bestirring itself
it
would seem, pretty clear evidence of
Notwithstanding the deeline,
rival lines.
many
leading items of freight, the gain in
growth in other items and in other ways was sufficient until the late
tonnage in recent years has followed from the exten. year (as we saw above by the figures of tonnage mileage)
sion of the Minneapolis & St. Louis and the Burlington to keep the company's total tonnage steadily augmenting;
Cedar Rapids & Northern, and a good deal of the decline but now the effects of competition are seen even in this total
Other evidence tending to show that the decline
in the average rates may be attributed to the same fact, tonnage.
the Rock Island having been exceedingly aggressive in its in traffic and earnings is the result of competition is offered
But in the by the statement in the report that as compared with the
efforts to get a hold on Northwestern traffic.
late year a part of this Northwestern traffic would appear previous year the revenue from through freight (freight
or received from connecting lines) deto have been lost, if we may judge from the following delivered to
table giving some of the leading items of the company's creased $458,028, while the revenue from local freight
to secure
new
sources of
freight during the
that the
mile in the last year
in
of the
We may
last five years.
increase
slight
traffic.
also suppose
actually increased $27,545.
average rate per ton per
the
— three-tenths
a mill,
of
making the
THE POLITICAL
CRISIS lY
GREAT BRITAIN:
rate in 1885 6 1-07 cent, against 1-04 cent in 1884-5, very
low in either
case, it will
circumstance, that
is,
be noticed
—
is
The defeat
due to the same
or low class through freight included in the
of
Premier Gladstone's
Home
moment unquestionably
total.
there was
room
Rale
Up
Ireland cannot be spoken of as a surprise.
to a smaller quantity of the bulky
for
for
bill
to the last
doubt;
and
probably the best that the most sanguine on either side
1883-86.
Flour
Lbs.
1884-85.
871),703,180l
l4»,21rt,lfl!)
788.2115,-;2iJ
247,207,140
Corn
Oats
.!7«,H2-t,sa2
Cattle
262,024,800
311.266,000
5a.2J3,3bO
375,468.400
2'»,68n,200
258,(55.000
Wheat
Hogs
Ore andbuIliuQ
1885-86.
Merchatidiaft
Lumber, lath
&
288,407,088
227.925,180,
837,336,352
784,20-<,S80
3*7,022.H4'<
82«,527,900
223,373.250
32,018,260
6.j,215,141
1884-!^5.
858,433,712
1882-83.
1883-84.
281.888.832
1883-84.
A
hoped
for was victory with a very small majority.
tie
was even spoken of; and speculations were freely indulged
in as to the Speaker's casting vote.
Few indeed seem
to have had any expectation that the result would be so
decisive. As it wa9 however it seems to have been in accord
1881-82.
272,0(16 280
87,»00,336
238,8-5,680
124,641,660
680,164,184 1,2^2,331.344
217,(173,312
174,367.712
3lH,3( 1(1,450
203,163,300
240,847,000 28 ,677.000
42,757,670
114;727,913
1881-82.
1882-83.
with the current of popular feeling outside of Parliament.
87H,363,021
973,050,381 1,163,117,724 1,240,820,010
was conducted with singular ability. That
Fox and Pitt; of Burke
(2.IH7.200
Railroad ties.
97.182.930
156 513,240
Coal
1,410,410,1100 1,545.260,000 1,1H2,618,000 1,042,820,000 1,117,6><4,(100
and Stieridan; of Flood and Grattan; of the stirring
48-,li48,000
37M,yi4,000
Iron
420,860,000 437,618,000
417,6 ;o,0
20'.,44'i.0ilol
Btone
328,«22.000| :»t4,8 8,000
300,186.000
256,932,000
scenes and the fiery eloquence of the first Reform bill
What the Minneapolis and St. Paul connection has done period, when Peel and Russell and Macaulay were at their
for the road is clearly shown in the figures of the first two best; of the later contests in favor of Free Trade, when
terns
The tonnage of flour, which in Bright thundered and Cobden persuaded on the one side,
flour and wlieat.
1881-2 was 87,900,000 lbs., rose steadily till in 1884- 5 it and Peel and Gladstone and Disraeli resisted on the other:
reached 379,700,000 lbs., only to drop in the late year to and, as the old man eloquent, the hero of a hundred Par284,800,000 lbs. wheat rose in the same time from 124 liamentary battles, held the house entranced as in former
days by his marvelous and matchless speech, many of
million lbs. to 247 million lbs., and has now dropped to
149 million lbs.
The loss in the last year on the two items those present must have rejoiced to think that, whatcombined is nearly 200 million lbs., and may be taken to ever was in store for them in the future, British
represent in great part the effects of the competition of eloquence was still a living fact, and the glories of the
rival lines.
But it is not in that way alone that ihe road British Parliament had not yet passed away.
has suffered.
Corn shows a trifling increase over the preLooked at from tbe point of view of the end contemOf
vious year, when the total was small, but as compared plated, the speech of Mr. Goschen was a masterpiece.
with the best previous years there is a heavy falling off. In all the speeches delivered during the debate on the same
1881-2 the traffic of that cereal was 1,282 million pounds, side it was decidedly the ablest and the most effective.
and in the year before it had been 1,397 million pounds. In addition to pointing out what he considered tlie defects
The short crop of 1881 reduced the amount in 1882-3 to of the bill and the dangers inseparable from such legisla826
shiriKlea
811,.'!fl2
8n7,B:!2.995
Akt'I irau'lem'ts
102.0411,120
103,528,047
Lime & cement
114.442 no
112,0 6.500
100,(142.160
80.5,ia3,13S
103,811.2.il
79,9.81,780
Tiie debate
»59,582,«87
75,089,500
101, 4),a»0
175,870,480
798,471.8471
93,540,842
84.4->5,040
last
night recalls the memories of
I
—
;
tion, Mr. Goschen made it plain to the House that they
were asked to vote for a something they knew not what;
for he wrung from Mr. Gladstone the confession that he
had not promised to reconstruct the bill. Mr. Parnell was
680 million pounds, from which there has been a recovery
in all
these
years
to
—
only 786 millions, notwithstanding
comes chiefly from Iowa and Nebraska, where
two years at least extraordinary crops of corn
this traffic
in the last
calm and judicious far beyond expectation; and his speech
has done much to convince the general public that he is
have been raised.
Some
items of the company's
traffic of
course have greatly
increased in recent years, and particularly coal (as
case with most
Western
a considerable falling
criterion
of
the
off
is
not unworthy of the confidence reposed in him by his felMr. Gladstone revealed much of his
low-countrymen.
the
though even bere there is
in the late year.
But the best
roads),
influence
of
competition
is
in
skill in explaining and justifying his posiRightly or wrongly, however, he manifested a stub
bornness which has not hitherto been a cli»ra«teristic of
old
the
item of merchandise, which has steadily fallen off since
1881-2 from 1,249 million pounds to 858 million. At
—
first
the decline mignt have been
depression, but
if
that were
the
his policy, either in his
management
of
the House or in
a stubbornness
—
conduct of Home or Foreign affairs
which, in this case, many, even of his best friends, con-
ascribed to business
true
power and
tion.
his
explanation there
should have been a recovery in 1885-6, whereas we have sider to have been a mistake.
merely a continuation of the falling off. In reality, how.
It is very natural that the defeat of such a bill in such
ever, there has been almost uninterrupted growth in the circumstances should be the means of developing strong
Northwest, notwithstanding the prostration of general feeling on either side. On this side of the Atlantic, as in
business all over the country, and the fact that the Rock
Island figures do not reflect that growth in this item of
the British Isles,
,
one class
we
are
it
has been a cause of bitter division. By
asked to believe that the principle o
.
Jdnb
Home
THE CHRONICLE
12, 1886.
Rule
triumph
efiectually
is
and forever
killed;
and there
is
supposed completeness of the
another class we are asked to look upon
iu proportion to the
By
victory.
the defeat as a fresh proof of English tyranny, as an addi-
come
709
into power,
House.
If
it
is c«rUin to come again before
tb*
the leasona of the present struggle have bean
properly learned, it will come up next time in sooh
a
shape as shall disarm Unionists and in such a case it
is
certain to have better success.
If, however, Mr. Gladstone and Mr. Parnell refuse to take this Union sentiment
;
there
is
bilterness in proportion to the
this belief
By
It
ple of
Home
is
Rule
people as some
looked
our
it
belief
or
at
properly
that
Home
that
the
not our belief
is
nor
killed;
is
which
neither o!
neither the one class nor the other
properly
situation
the
understood.
intensity in
Our sympathies go with
held.
is
these extremes.
is
of English prejudice; and of course
illustration
tional
i«
Rule
princi-
so utterly repugnant to the British
is
disposed to think
Every one
who has been watchful of the controversy must have
observed
are
the Opposition
that
into consideration— a sentiment the strength of which
is
well understood in this coantry— they must fail
in the
future as they have failed now.
Mr. Gladstone's power
very great; but the Union sentiment is we believe stronger
than Mr. Gladstone, with any following which he can ever
hope to command.
it is.
has been directed not so
much to Home Rule as sucb, as to what seemed the threat,
ened disintegration of the British Empire. Hence it is
that the term Unionist has for the time supplanted Tory and
RdfLROAD EARNINGS IN MAY, AND FROM
JANUARY 1 TO MAY 31.
Considering the character of the influences at work,
return of earnings for the
month of
May
is
tti»
much
The
very
better than there was reason to suppose it would be.
disturbances incident to the strikes for eight hours, and
the interruption to business everywhere occasioned by
The term Unionist is
by the followers of Lord Salisbury, by
the followers of Lord Hartington and by the followers of this same demand for shorter hours, were drawbacks that
Mr. Chamberlain. We have no reason to believe that any did not warrant very extravagant expectations, particucf these parties is enthusiastically in favor of Home Rule; larly in those sections of the West and Southwest where
but neither have we reason to doubt that in the circum. the influence was most pronounced. At the same time,
stances, and the necessities of the time considered, they the preparations anticipatory to the change of guage in the
are willing to grant such a measure of Home Rule as shall South, involving the withdrawal from active use during
not in their judgmeats, either in appearance or in reality, the latter part of the month of about half the rolling
imperil the Union.
There have been many hints that stock on the lines affected (to be altered so as to be ready
Home Rule might have been taken into consideration by for the new conditions) and finally the complete stoppage
"Whig, and a section of radicalism.
equally accepted
the Tories,
they had been successful at the
if
The Marquis
last election.
of Hartington has been extremely cautious in
operations (of short duration, however) during the
time that the change of gauge was being effected, served
as an impediment to business on Southern roads.
of
his utterances and his objections to Mr. Gladstone's measure have alw-iys been based upon the danger which threatened to the Union. It is only a few days since Mr. Trevel-
lines
24th clause, which provides for the exclusion of
particularly the case at Chicago,
;
As
concerns the ordinary traffic influences, the trunk
and their connections in fact, nearly all the roads
yan expressed his regret that Mr. Gladstone would not east of Chicago have had the benefit of the higher rates
yield a point, so as to reunite the Liberal party.
Mr. Tre in force this year, but on the other hand there has been a
velyan was understood to have reference to the obnoxious much smaller volume of grain traffic. This latter has been
representatives
all
Irish
from Westminster, and which constitutes
of Mr.
where a marked contracWith Southern roads
tion in the receipts has occurred.
movement of cotton has been a
favoring circumstance of no small dimensions, but it haa
been offset, more especially on the lines running north
the greatly increased
Mr. Chamberlain's principal objection.
Some
—
—
warmest friends had urged
but he has turned a deaf ear
to all his advisers.
The Rev. I. Guiness Rogers, one of and south, by the absence of the stimulus occasioned last
the most prominent Nonconformists of London, and one year by the New Orleans Exposition, which then lasted
of Mr. Gladstone's ablest henchmen, on May 27, in the till the 1st of June, and which this year in May did not
him
Gladstone's
to eliminate this clause;
absence
very noticeable in the returns
columns of the Noncomformist, openly called for its abandonment, and declared it to be the one barrier in the way of
exist at
united action on the part of Mr. Gladstone's party, claiming
had a right to demand such a
Mr. Rogers went so far as to say that the
majority of Mr. Gladstone's own supporters would hail such
Under all these circumstances an increase of $650,000
without the Oregon Navigation and of $777,000 including
that company, is a showing which so far from disappointing expectations rather exceeds them. The gain is the
a solution
largest of
that that party as such
concession.
of the diDBculty.
the conviction that
It
is difficult,
indeed, to resist
Mr. Gladstone, at the last moment,
in reply to Mr. Goschen, had expressed a willingness to
if
leave out or to modify this
and carried
his party
his
clause,
he would have united
point
to
Parnell,
there
although hardly a justiQcation.
most people
When
will think
the situation
is
some excuse for him,
If he was not so bound,
thus looked
.to believe either that the principle of
at,
we
Home
are forbidden
rule is killed
an
prejudice.
have been
the
House
course
any month so far
this
year with the exception of
summary
of the monthly
January will show that the
improvement over March and April is quite noticeable.
records since the
first
of
mUage.
Bamlnat.
Inenattor
Period.
Jannar; («1 roads)..
February (08 roads)
Maroh(fi3 roads)....
There
is
just
18».
1886.
1888.
MUet.
Milu.
45,90A
4e,3S9
47,069
4S.898
47,355
44,1182
13.553,M8
l4.S65,SSe
48.299
45.974
47,710
48,085
18.082,391
14.832,151 Inc. 1,230.«43
17,747.7281 riw.
207,847
IBaa.
*
17,955.075
17.482,061
i7,oro.i:9
t
t
Dec
l-.30<).W»)/n«.
10.417.532' fur.
one qualifying remark
to
l.nis,«98
178.588
esa.Sr7
-make with
reference to the enlarged gain for May, and that
is
that
we
any have now reached a point where the showing a year ago
illustration of English tyranny or of English was quite poor and growing worse (May having been parPresented in another form. Home Rule would ticularly bad), so that we are comparing with a total mora
entertained and in all probability sanctioned by heavily diminished than in the months immediately preof Commons.
In another form, no matter what ceding
that circumstance, however, is diminished in
or that the rejection of Mr. Gladstone's measure
sense
is
February, and the following
April («7 roads)
May(«3 roids)
he made a mistake.
is
Its
Of course we are in
doubt as to how such a concession would have pleased the
Parnellites.
If Mr. Gladstone was bound hand and foot
by a pledge
all.
of earnings of all the roads most immediately concerned.
may
is
in
;
be at present followed, or what parties should
importance by the fact set out above that
many
of
the
..
..
.
THE CHRONICLE.
710
conditions were unfavorable this year as well as
in a different way, so that after
all
a characteristic of some significance.
is
though there was a heavy
only
last,
the improvement noted
falling
Furthermore,
a year ago, with
ofi
May totals have shown an uninterrupted
by year, as the following statement will
that exception our
increase year
demonstrate.
Mil oje.
May,
May,
May,
May,
May,
May,
May,
EaminoB.
Inermte or
1880 f41 roads).
1881 (45 roads).
1882 (50 roads).
1883 ^59 roads).
1884 (60 roads).
1885 (58 roads)
1888 (63 roads).
In
1880
Tear
Year
Tear
Tear
Given.
PrecediHg.
Given.
Preceding.
Mila.
Miles.
t
%
32,905
43,345
47,260
43,662
44..317
47,355
was
there
Decretue.
is,
may
16,708,661
14,248,107 Inc. 2,466,457
Decatur
36.949
42,730
39,713
20,8-24,l»2
latter
43,537
46,085
15,895,533
17,070,179
18,521,382 Inc. 2,303,110
19.663,735 Inc. 1.833,322
17,457.303 Inc.
681,528
17,l»4,3So Dec. 1,293,837
652,647
16,417,532 Inc.
an
18,038,831
increase
of
no
than
less
1885
now
by
a
nearly
of
loss
by an increase
again
there were successive
gains
till
of
last
We
annex our
&
is slight,
weeks (probably because of the
having shown an increase.
Roads
Buffalo
N.Y.& Phil..
& Pittsb..
Buff. Kocli.
•Burl.Ced.Rap.
&
No.
Canadian Paciflo
Central Iowa
Cliicago*; Alton
Cliio.& Eastern 111....
Clilc. Milw. & St. Paul.
Chicago & NDi-thwest.
Chic. 8t. P.Minn. &0.
Chic. & West Mich....
Cin. Ind. St. L. &Ch..
*Cln. N.O. ATex.Pac.
•Alabama Gt.South.
'N.O.
&
Nortli East.
*Vick8b.& .Meridian
*Vick8b. 8h. & Pao.
Cin. Wash.
Bait
&
Cleve.
Akron & Col
. .
Hock. V. & Tol..
Denv. & Rio Grande.
Denv.A Rio Gr. West.
*Des Moines & Ft. D..
Detroit Lans'g & No
Evansv. <fe T. Haute.
Flint & Pere Marq..
Grand Trunk of Can.
Gulf Col. & Santa Fe.
Col.
.
Dl. Cent.
Do
Do
Div.)...
(So. Div.)...
(111.
(Iowa
lines)
Ind. Bloom. & West..
Ind. Decatur & Sp....
*Kan
•Kan.
& Gulf
&Mem..
C. Ft. 8.
O. Sp.
Lona: Island
'Louis. Ev. & St. Louis
Louisville & Nashv. .
Marq. Hou.s[h. & On..
{Mexican Central ....
Milw. L.8U.& West..
Milwaukee & North..
Mobile* Ohio
N. Y. City &North'n.
oN. Y. Out. & West'n
Norfolk
*
Western...
Northern Pacitto
Ohio Southern
•Peoria Deo.&Evansv
Rloh. & DauTlUe
Char. Col. & Aug...
Columbia AGr'v...
Virginia Midland ..
West. No. Carolina.
Joseph & Gd. Isl.
St.
A.&T.H.m.llne
Do do (branches)
St. Louis & San Fran
St. L.
&
Increase or
1886.
Decrease.
1885
did
the
all
St. Paul,
is
the
5-il,2T8
116,920
1,768,00(
193,417
87,902
160,641
612,587
88,777
591,091
126,510
l,H7i,23l
+ 19,483
_
663
294
990
663
294
990
-1-190,113
3,527
3,061
490
819
490
8l9
251
—36.140
— 21,75
-1-19.62
—9,813
—9,590
—107,231
1,980,300
1,932, 73ti
-1-47,544
4.59,200
178,152
—18,952
107,168
190,502
137,71
o5,8d6
27,di2
21,517
9,843
1*4,715
43,065
171,9 10
488.432
78.94)
16,827
92,80
38,765
190,415
111,8 >0
192,175
120,321
43.507
31,135
16,304
13,274
119,975
10,490
167,941
465,326
73,415
20,44vl
104.271'
61,120
174.046
1,228,631
1,091,19-
153,000
116,103
520,279
302,106
4J7,03.i
232,265
130,200
180.680
28,86
12.i,778
before as well,
4.801
3,813
1,318
+ 2 4,740
+ 2,175
281
144
+ 6.939
+ 23,106
+ 500
324
413
342
336
295
196
112
170
281
144
324
1,317|
1,317
-1,673
+ 17,423
+ 12,339
-3,583
+ 3,213
—3,131
—3,615
-11,473
-2,355
+ 16,369
+ 134,483
+3i.8J7
—33,341
—19,811
+4,422
+ 20.079
+ 3,74J
342
336
295
196
112
170
368
113
261
116
361
146
361
2.913
2,913
655
953
711
402
636
953
711
402
532
152
339
282
351
253
368
143
261
year,
Month
May.
of
Chicago Milwaukee* St. Paul
1,788,000
Chicago & Northwestern
1,980,300
Chicago St. Paul 4 Omaha
45( ,200
St. Paul Minneapolis & Manitoba.)
439,795
Total.
The
Wheat, bush
249,4)2
1,236
1,236
4.446,638
430
220
528
Corn. bush.
Oats. ..bush.
Rye.. ..bush.
Barley.bush.
2,772,254
533
220
528
3,740,080
86,i89
Total grain.
89, 103
98,298
51,508
384,la6
112,706
429,795
93,272
959,243
114,646
54
321
503
2,778
2,453
128
251
774
363
+ 19,367
+ 3,712
+ 40,519
+ 29,578
353
274
252
195
138
871
223
128
254
774
363
294
353
274
252
195
138
815
225
—59.747
1,470
1,470
+51,739
-6^6
+ 2,06
4
—13,677
+ .58
-6,851
—2,316
—3,151
+ 26,052
54
294
2,070.889
478,152
489,542
513,349
681,167
<,,637,29J
4,776,681
'
2,167,206
i
449,584
728,207
j
i
5,197,118
5,388,511
I
at Chicago, for three years past.
160
321
503
1.032.759
t
2.033,514
ment. This latter circumstance is emphasized by the following table of the receipts of flour, grain and provisions,
2,015
36,503
102,651
179,217
901,100
31,815
32,135
292,077
46,286
35,617
119,339
36,137
6H,3i6
73,931
47,796
323,667
83,128
489,5 4'^
61,757
827,935
120,062
1,985,768
particularly) a very decided coptraction in the grain move-
160
+ 12,712
+ 10,858
+ 3,062
+ 29.173
1883.
The
The multiplication of new
lines and the decline in rates have been the main factors in
the d ownward movement. To these have been added this
year the interruption caused by the strikes, and (more
2,013
122,6">3
the
not far to seek.
is
+ 55,369
+ 145
is
has been gradual but continuous.
decline
explanation
—74,601
-13.3 29
+97,607
1,875,231
I
!
75,282
331,479
98,438
47,670
47,815
135,365
47.361
105,716
2)8,425
952,839
31,159
31,499
276,400
46,314
28,763
117,023
32,938
'
'
1,102.414
li>6,015
1884.
t
+ 10,8i4
+ 2,265
—10,687
for instance
1885.
— 13,985
77,56:
Here
lines.
record on four principal roads, for four years.
152
389
232
351
233
.532
Cedar
the
behind a year
fall
more noteworthy,
last
160,637
23,122
129,721
91,516
218,274
40.29 s
119,(131
229,098
42,563
1,027,810
130,651
31J,15o
— 1,682
251
4,932
3,918
1,339
413
& Omaha,
that these same roads
and many of them the year
so that the decrease has been continuous
poorly
on not a few of these
212,900
51,762
138, S93
803,000
108,39^
other large systems, like the Mil-
the St. Paul
Northern, and the Manitoba,
This
ago.
1885.
Northwest do not give a particularly good
The Chicago & Northwest has a
in the
Mileage.
also
18S6.
two weeks
strikes), the last
account of themselves.
Rapids
Oross Barnitigs.
Peoria
Akron k Columbus,
& Chicago has a loss, but it
and wholly the result of a decrease in the first two
waukee &
of Road.
& West-
Springfield, the
cinnati Indianapolis St. Louis
small gain, but
Kame
&
Decatur
Evansville, the Cleveland
age this and
year on all roads reporting,
OB08S BABNINOS AND M[LE*.OE IN M\Y.
whose general
lines
as a rule nearly all the
be mentioned the Indiana Bloomington
usual detailed statement showing the earnings and milelast
are
and the Columbus H )cking Valley & Toledo, though the
no doubt has been influenced in part also by the
state of the coal trade in the Hocking Valley.
These
roads suffered more or less a year ago because' of the disorganized state of trunk line affairs, and now profit by the
change for the better existing in those affairs. The Cin-
there was a considerable decline, which has in
the present year been in part recovered.
these
;
and west, but
Indianapolis
28,963
21,497,057
totals
east
is
roads in the territory covered by the Central Traffic
Association have reports of the same tenor.
Among these
11,834,041 Inc. 2,815.572
in
succeeded
— that
when
year,
improved
14,849.613
of' $2,300,000, in 1883 an increase
and in 1884 an increase of only about
followed
$1,300,000,
$650,000
ially
ern, the
an increase
of $1,800,000,
$600,000,
the policy of harmony and higher rates.
The
Grand Trunk of Canada, the Cincinnati "Washington &
Baltimore, and the Alton & Terre Haute have all mater-
effects of
latter
«
$2,800,000, in 1881 a further increase of $2,400,000, in
1882
The trunk lines (or rather such pieces of them as are
represented in our table) show clearly here the beneficial
direction
Period.
[Vol. XLtl.
RECEIPTS AT CHICAGO DtTRING
MAT AND
May.
1886.
.
Flour.. .bl>ls.
Pork...bbl8.
1884.
1,545,312
4,5W,098
640,093
2,500.246
4,562.835
330,347
140.318
445,842
134.882
384,772
7,128,932
250,840
11,104,008
571,91!
828
1,195
10,115,507
11,226,169
Lard.,., lbs.
4,832,344
4.880,310
LivehogsNo
651,198
518,059
Thus the
Jan. I
1885.
m'ts.lbs.
Cut
SINCE JAN.
1886.
tu
1.
May 31.
1885.
1881.
8,283,333
23,802,188
5,2 08,169
21,337,629
11,330,803
15,113,350
4,387,381
618,947
4,482,178
3,070,651
8,103,207| 37,974,023
51,545,488
15.528,133
381.003
10,511
10,090,972
7,148,624
414,787
2,058,001
18,046,346
13,211,176
271,120
1,363,418
778, 3»4
2,931,338
8,876
20,990
2,172,572
1
21,426
65,840.971
64,391,903' 48.828.833
27,708,058
21,537,027
30.533.238
2,541,774
2,559,708
1,868.283
receipts of all kinds of grain this year were
four million bushels less than last year, while in flour there
was a decline of over one -half, or 321,000 bbls. At the
same time there was also a contraction in the receipts of
+ 31,515
735
735
+ 131,258 2,140 2,140 pork, cut meats and lard, though in live hogs there has been
— 5,4U 418 418 an increase. The decline in grain, at least as far as wheat
Total (63 roads).. 17,070,179 16,417,532
+ 652,647 17,335 18,085 is concerned, must have fallen exclusively on the roads
Oregon R'way & NaT.
46 1,000
339,161 + 124,539
running west and northwest from Chicago, and not on
Grand total
17,.531.179 I8,7i«.'>93
+ 777.186
* Includ'18 three wboks only o( .vlay in eaou year.
those running southwest, for the decline appears to be
t Jor four weeks ended May
29.
CI Mexican currency.
wholly in the spring variety of the cereal, and it is only
.
Paul & Dulirth....
Paul Minn. & Man.
Texas & Bt. Louis ....
Wab. St. Louis & Pao.
Wisconsin Central
St.
St.
«»n'/™'^®l'i''i''.?*''l''';'''"*"'i '"''*'
Ontario and Western earnings
of Cornwall deducted in both years.
that kind that
is
raisad in thit section.
Tne
falling off in
...
!
June
THE CHRONICLE.
13, 1866.]
movement was
the grain
in progress in
preceding months
the five months to the end of
decrease reaches over 134 million bushels.
May
for
too, so that
the
711
and doabtlen thia ia ai much the result of the
improved state of the mining induitriea along its linaa at
gaining,
it ia of a heavier cotton traffic.
be noted as an exception to Raourrs or cottoh at sodtherx roars m mat, ako
JANUABT 1 TO MAT 81, 1880. 1885 AJTD 188i.
the general rule of decrease on Northwestern roads, for it
The
k
Paul
St.
Duluth
is
to
has quite a considerable increase.
doing exceptionally well
improvement
movement
May
in
is
This road has been
but one reason for the
found no doubt in the larger
all
May.
wheat at Duluth, the receipts of which in
the four weeks ended May 29 reached 764,916 bushels,
of
18881
ImUm
Oslreaton
Indlaaola,
will show.
Com.
iriuat,
(biMh.)
I, '86.
'8S
1,
241,171
919,815
8.0S0.064
6,701,378
848,778
Boo.eao
Mu;. 188S
BlDoe Jan.
giDce Jan.
(tiiuA.)
1,383,443
8,465,688
3,635.478
3.8;fl.77U 3.946.875
17,036.751 13,162.693
23,173,710 13,696^786
2,597,528
316.033
340,114
4,315,861
3,363,160
3S.2!9
234,826
4wk9., Miiy.lSSO
Since Jan. I, 'S6.
Since Jan. 1, '&5.
1.403,440
1,838,529
4.010,542
45,140
42,140
267.830
218.590
864,307
949,647
482,948
662,496
147.WU
lKt,rt13
W4,55»
146,452
155,^86
820,032
669.742
110,877
90,688
)6.880
1,677,0471
1,636,691
118.440
133.633
1^064
St.Loutt—
4wk8., Maj, 188«
May. 188B
Since Jan.
Since Jan.
Valedo—
4 wks..
4 vks..
57,788
73,583
1. '86.
SMfin
1, '85.
471.796
May, 1886
May, 1889
'b5
4 wks., .Mav. 1886
4 wkB.. May, 1885
Blooe Jan.
Since Jan.
1. '86
Peoria—
4wk6., May, 1886
4 wks.. May, 1885
Since Jan.
Since Jan.
27,608
23,887
142,015
225,086
149,714
163,636
1,044,694
1.990,048
965,343
328,678
2,903,146
1,742,694
135,531
18,882
234,943
67.016
1,000
6,000
96,601
69,438
4.838
27.788
104,352
133,228
1,323,788
98,564
198.963
14,702
20,530
1,575,988,
15,457
13,146
73,690
64,402
'86
1.
15,523
36,151
462,532
766,533
10.829
»,515
60.206
50,5;7
'86
Since Jan. !,
Since Jan. 1,
Cleveland—
2.308,631
2,641,878
49.'210
Mar. 1885
19,400.
41,215
117,675
160,495
45,'304
88,5291
717,074
340,070
1,497,006
1,380,284
342,320
657,580
3,078,830
5,022,100
14.100
8.678
110.403
86,970
1,337,820
1.013.415
4,320,766
4,376,970
582,543
May.
1884
613,293
1.
Sfl.
1.
85.
3,281,281
3,813,158
3.248,455
Since Jan.
Since Jan.
Since Jan.
1, '84
4,000
'ijsib
40,750
25,460
130,440
194,650
33,360
47,200
280,120
386.800
tl8.6«r>
108.347
763,8241
2,224,669,
2,888,2231
2.419,922,
10,774
5.063,351
6,0«2,41!e
6,298,191
5,975,461
4,005,217] 5,W7,«9
11,435,919 a'),377.426l21.S20,158
20,752.6391 43.9«O,162i22.05O,326
12,1112,6161 40,413,7I9!22,851,84:
arger grain receipts,
506,584
648,164
592.981
7,304.4«9
120.827
186,216
204,451
R8^,070
B,5<I9,318
1,U7.936
5,040,563
1,210,583
the gain being in corn, and
this
may be one reason for the increase of earnings reported
by the Wabash ($131,258 on the same basis of mileage in
the two years), though a much more important fact no
doubt was the higher rates obtained this year.
The roads running south or southwest from Chicago,
Chicago & Alton, the Illinois Central, the Chicago
Eastern Illinois, and the Evansville & Terre Haute,
like the
fall
187
1
76
4.604
1.180
1JU7
i.<m
788
2.421
100.163
71 .oa
8.443
8,061
87
10
8.888
104
10.647
8.679
24.888
8.818
180.978
80.088
8,810
14.815
8,886
148.188
1.827
140
Ol^H
48.418
SM18
27,917
24,201
1.426.710
907336
1.084,889
2,084
78
10.870
10.160
a«
come up
to
fail
still
Missouri in the vicinity of
some very noteworthy
Gulf Colorado
the cotton
&
movement
of cotton,
in
we have
gains, as witness the returns of the
movement compared with
only at the Texas ports, but at
shown
Down
larger gain.
Sante Fe and the Texas
all
&
St.
Louis.
a year ago, not
the other Southern out-
Name of
Road.
Central Iowa
ChloaKO * Alton
Chte. & Eastern IlUnoig.
Chicago MiliT. * St.Paul
* Northwest
CblcaKO
. .
Clilo.8t.P.Minn.& Omalui
CUoago
dt
Weat
Cto. Ipd. St. L.
.Micli
AChic.
Cleve,
circumstance with
1885.
$
S
973,651
431.768
97»,017
3,218,381
497.2dU
2,885.561
657.109
8.575.000
8,714,532
2,184,313
528,918
1,007,70.'
995.657
434.120
244.063
193.990
.
Flint
A
A T. Haute
Pere Marquette
IGi-»ndTr. of Canada...
Gulf Col. A Santa Fe....
lU. Central (lU.Div,)....
Do
Do
Orleans
460.96
273,322
904.438
6,130,197
746,38;
2,373.942
(8outli. Div.)
1.587.8(19
630.133
931.064
151,844
'Kan. City Ft. 8. A Gulf.
»Kan. City Sp. A Mem..
9'20.74S
Indlanap. Dec. A Spring.
Marq. Houghton ScOnt..
533,303
930.942
292,909
5.198.772
240.5
I.Mexican Central
1,568,247
Long Island
•Louisv. Evansv. ASt.L.
LouisTille A Naaliville..
Milw. L.Sbore
A
693,118
244,89-
Weot'n
Milwaukee A Northem
West. Nor. Carolina..
Joseph A Gr'd Island
St,
St.
L.A.AT.H. main
Do
lint
do (branches)
Louis A S. Francisco
Paul A Duluth
Paul Minn, A Man...
Texas A St. Louis
Wabash St. L. A Pao.
Wisconsin Central
.
St.
St.
St.
.
Oregon RaUway
New
2,304,047
365.038
121.097
(Iowa Div.)..
Indiana. Bloom. A West
Grand
total
ANav
72-i,495
207.114
452,479
1.193,987
3.879.009
192.892
1,614.751
3.'J0.78l
282,024
556.400
195.771
438.634
415.421
270.518
1,667,056
423,659
2.463,754
5^74.374
4,879.228
559.79.^
showB
t
\
868,886
448.056
1.104,726
2.617.965
480.365
3.0*7.736
625.588
8.746.459
8,682.610
2.040.363
484,636
970,348
934,350
426,832
289,851
163,227
126.096
720,269
197.066
31.
Inereaie.
Dttrtatt.
104.768
16,288
129,679
600.616
16,694
182.175
31,521
17i',460
31.922
143,950
41,312
37.357
61.307
7.238
45,788
30.763
33,869
48.747
6,043
12.478
879,05'J
2,207,096
342,116
134,610
450.637
273.519
774.388
5,731.356
472,878
2.491,816
1,879.808
612,935
893.658
128.210
993.362
683.301
885.187
216,235
5,796,686
159,5811
1.601,726
457.167
226.67!-
808,212
138,433
138,3.^5
1.031,683
3,593.923
174.900
1.389,279
336.270
286,778
570.022
178.563
125.21.
485.684
302.253
1.647.6^
34 '-,061)
96.951
22,922
13,513
10.33(
4.303
130,050
398.841
273.507
117,874
311,939
17.198
40,406
33,634
72.614
149,998
•
45,755
46,674
397,914
81.001
33'479
235.951
18,219
85,717
48.691
14,134
162,304
285,086
17,992
35,472
5.493
4,754
13,622
17.20^
33.419
40 263
S1,73S
10.431
78.590
171,51*
3.635,30:-
368.311
206'.663
4,6-'9.962
189.266
291861
5S9,656
83.443.893
1.789.773
81,913,190 3,738.695
1.441,974
347,799
3,339,192
8^,233,666
83,385,ie4|4,086.694
1.848,502
3,238,193
Ret Increase
all
the absence of the favoring effects of the
764,016
194,008
866,581
Col.
movement has been a very important
Southern roads, but, as already said,
has been more than counterbalanced in many cases by
159,96;
Ahron A Col
Hook. Val. & Tol...
Denver A Rio Grande.
Denver & Rio Gr. West.
•Oes MoincB A Ft.Dodge
Detroit Lansing A No...
TO MAT
1
ft86.
•Vioksbure & Meridian
-Vlcksburg Sh. & Pac.
Cln. Wash, & Baltimore.
Total (62 roads)
in the table further below.
This heavier cotton
to their aggregates of a year ago, it
OROSS EARimaS FROM JAITOART
&
still
first five months
some twenty-one roads that
has been said in our reviews from month to month, and
we therefore give our table below without further comment
Mobile A Ohio
The roads south of the New York City A No
N.Y. Ontario A West'n
a
Kansas City, or more specifically Norfolk
A Western
large loss, this year has a
Texas, under the enlarged
it
1.888
118,07*
a balance on the right side of the account. There is
nothing special to be said about the figures beyond what
Paciflo
Gulf and the Springfield & Northern
Ohio Southern
Rlcnmoud
A Danville...
Memphis, also report a decrease, but on the other hand
Char. Col. A .\ugusta
Greenville
Col.
A
the St. Louis & San Francisco, which a year ago had a
Virginia Midland
ports, is
40
satisfactory to note that the total of all roads
is
behind a year ago.
the Kansas City Fort Scott
How
i7je»
16.737
•Alabama Gt. Soutli'n
'New Orleans A No. E.
This statement brings out the fact that Toledo also had
generally
197.147
111,020
Evans V.
&
131
8.088
•Cln.New Orl.& Tex.Pac.
2,980,9841
2,161,4721
Total of all—
May, 1886
May, 1885
4 wks..
4 wks..
4 wks..
168
8.871
BilffaloN, Y.&Plill....
Buffalo Booh. & Pitts..
•Burl. Cedar Rap. A No.
Canadian Pacific
241,826
794,916
122,351
'85
1,
86
17J»1
87.064
18.108
of the year, though there are
14,941
Dulufh—
May. 1886
4 wks., Mar, 1885
Since Jan. 1. '86.
4 wks..
Since Jan.
1,848
407388
48.»M
tDfin
4IS.U0
718
MoreheadCltr Ao..
489
.1fll,9()5'
118,700
79,500
466,220
347,980
64,910
44.600
538.056
502,280
97.861
59,5611
649,614;
733,012,
5,354
8,460
24.390
66,906
'86
1, '85
1,
'H6,246
687,299
1,056,240
761,921
9,151.007
l,4C0,68lI
3,416,703, 11,948,900
15.514
10.524
81,196
Since Jan. 1,'86.
Since Jan. 1, '88.
Detroit—
4wkK., May. 1886
4 wks..
teafisi
8,088
Norrolk
ToUl
827
u.am
86S
-'117,399
014,178
MUwaukfe^
i wks.. .M.iv, I'lSe
4 wk>..
I«7,121
ii,7es
Brunswick, ao
Rvt,
(btukO
Bart»ti,
87,aBB
1,801
In the statement of earnings for the
Chicago—
4wks., M(l>-, 1S86
4 vks..
Oats,
(bmlx.)
(i>ua)i.)
llM,8a4
sejue
...
Point.
im.
uaai
1888.
64
Mobile
West
18B«.
W81
Ao
Port Uoyal. ao
Wllminjfton
RBOEUTg OF FLOUR AND QRAIN FOR FOUR WKEKS ENDED MAT 29
AND SINCE JAirUARV 1.
1888.
8,788
against only 122,351 bushels in the corresponding period
a year ago, as the following statement in our usual form
ahu$Jmnartl.
Port4,
along,
raoM
Includes three weeis only of .May In each year.
29.
i Mexican oarrenoy.
In this, amounts roodived frjm poil bAlanoes la tbe
To May
months have been added on.
a West Shore earnings, an I
looal Oatarlo Jk
first
three
Western earatn^i south
Exposition which existed last year, and by the drawbacks
•f Cornwall, deducted la both years.
imposed
The statement of net earnings this time covers the
month of April. For this month, taking the roads as a
by the preparations for the change of gauge,
Norfolk & Western is one of the lines that keeps steadily
..
THE CHRONICLE.
712
whole, the results are rather mixed, with no general ten-
There are quite a number of roads that are doing better
than in 1885, and also quite a number that are doing
As to the returns of the trunk lines, we have
worse.
April.
Name of Road.
1886.
The bad
special comments in previous issues.
showing by the Philadelphia & Reading we have also
Southern roads, if we except
already commented upon.
made some
the Louisville
&
Nashville (whose loss
is
almost entirely
on account of a smaller passenger business, there having
been no New Orleans Exposition this year) and the Eist
Tennessee, all record considerable improvement over a
year ago, though the Norfolk & Western is to be singled
out for special mention because of its exceptionally heavy
This road had net of only $69,000 last year, while
gains.
$109,000, an increase of nearly 60
this year its total is
per cent.
Among
the Pacific roads
and Union
Pacific
do quite
the Northern Pacific
but the Atlantic division
wel',
P.
&R. Coal&
St. Jo.
&
Qiiincy, the
Burlington Cedar Rapids
& Northern and
the
Des Moines
&
come up
Fort Dodge
to
all fail
last year,
but the
233,472
107,503
def. 74
def.
Net...
731
50,051
63,IH6
1
1
includes for
lu.st
year
all tlie
roa
Is
tUeu
& Ind. Gross
Oro.-s.
April.
1886.
Atoll. Top.
&
Baltimore
&
&
Buff. N. Y.
Jan. 1
1885.
$
S.
Fe... Gross. 1,201,47" 1,297,825
Net...
.'>0.i,329
561,759
Potom Gross
109,183
. .
Net...
37,»7!)
PhUa.. Gross.
214,670
Net...
4(>,33H
No.. Gross.
209,100
Net...
Canadian Paclflo.... Gross.
Net...
jChesap. <&01iio
Gross.
43,«j84
&
Burl. Ced. E.
83.=i,,'i42
337.762
317,102
130,3j6
55,9
I
•
182,538
43,380
245,457
80,463
692,141
324,433
290.t0.'
Net10.5,821
83,075
Eliz. Lex. ifeB.S... Gross.
65,743
5.5, (i88
Net...
24,9;i5
18,540
Ohes. Olilo & 8. W... Gross.
124,071
119,244
Net...
42,13
32.780
Chicago Burl, i Q... Gross. 1,952,740 2,0t 5.070
Net...
813,207 869,401
Cln. Ind. St. L. & C. Gross
18ii,9h9
19:h,8U
Net...
67,133
54,021
ClOTel'd & Canton. .Gro.ss
22, '73
27,336
Net...
7,12.5
2,018
Denver & Rio G. W. Gross.
6-^,0^3
74.635
Net...
15.270
8.620
Des Moines & Ft.D.. Gross.
22,4 11
28.4131
Net...
2,847
3,317
E. Tenn. Ta.* Ga... Gross.
277,370 270,098
Net...
27,225
43,821
Green'B. W.&St. P. .Gross.
30,8.12
23,31 Not...
6,S9.5
2.59 1
Loulsv. &. Nashv
Gross.
967,740 l,158,6:i9
Net.
313,925 444,0 J9,
Mompliis & Cliarl
Gro.s8.
9H,Hil4
96,287
Net...
3,47:1
11,772
1 Mexican Central... Gross.
311,154
308.391
Net...
86,862
135,841
Mobile* Ohio
Gross.
IzS.OliS
128,428
Net...
12,125 der 5,875
Nash. Chat. & St. 1... Gross.
172,812
165,3-fl
Net...
61,170
59,73H
*N. Y. L. E. &
Gross. l,741.«5>i 1,4119,012
Net...
460,933 269,01;)
N. Y. & New Eng... .Gross. 314.501 202,10-'
Net...
lU0,oi7
72,237
Norfolli & Western.. Gross
207,559 21)6,481
Net...
109,399
6>,3i3
NortUern Central... Gross. 411,:i97 450,010
Net...
H0,64l
190,708
Northern Paclflo
Gross.
913,4 84
877,60.5
Net..
48 1,744 39:t,58t:
.
.
W
Ohio
&
Mississippi ..Gross.
Net...
Oregon Imp. Co
Penn8.vlvania
Gross
Net ..
(nil linos
270,198
5it,87n
19-!.241
28,1.51
400,780
478,178
307,-i64
129,632
2,833,79.
733,090
1,677,110
201.383
7,1 11.818
1,' 81.849
3,919.9s.
* tncliidlnir
tlie
230.76 <
45,10l)|
1880.
18c5.
$
$
148,>-31
7(.0,754
130,159
836,154
205,43
<
2,457,12:1
6o8.t65
1,189,726
361.711
262,93
8 4, > 0.5
493,971
160,00.
7,193,150
3,119,420
817,20
307.946
98.505
23,0io
286,093
74,099
104,270
21.94
1,286,817
3ci5,929
445,488
172,133
675,409
123,758
941.(83
258,510
2,005.378
7,201,607
2.242,113
4,887,553
818,075
323,932
321,556
303,677
100,060
llH.i 3-1
ojiu'
a^vd. a s.xid mii'iy
Jan.l
lu
lo
March 3 1
1886.
1885.
*
$
892,575
23.), 375
610,726
290,145
69,199
221,564
tUel886
8i7,161
155,035
590,483
172,147
345,709
89,-01
308,689
46,104
180,:365
34:1,771
67,401
3-<9,604
76,s03
CONDITION,
figures
and con-
present our usual retrospect of the lead-
004,'<12
affords, that
ent year's data as to
we can
use intelligently the pres-
acreage and stand which
we now
and can properly estimate the effect on the plant
of the varying developments of weather and growth
through the coming summer.
Looking then at the planting, cultivation and producfurnish,
tion of the crop of 1885-6, the
fact
chiefly conspicuous,
1,069.781
260,888
213,311
59,730
475.476
125,804
8,29-', 579
3,612,619
77X,17J
263,22
t9.445
12,03 2
263,672
21,«01
114,16s
25,156
1,341,878
340,093
1
is
that although the Southern States did not secure a full
crop, it has turned out to be a fairly
good one; for a yield
previous two
nearly 900 thousand bales larger than the
years
is
at least entitled to that rank.
And
yet the plant-
ing was obviously for a larger yield than was secured.
Had
the rate per acre been
obtained which was obtained
in the wonderfully productive
season of
1882,
when
the
averaged reached was 194 lbs. of lint, we should have
realized a crop of fully 7,900,000 bales.
But that was
a year not perhaps
4,170,962
I,t64,'il3
43.',856
120,768
1,250,097
410,117
5S7,131I
113,323
730,333
280. 08
6.617,6ri7
1,021,18:)
1,174,52'.
401,701
983,502
3ll2,33iJ
1,702,628
030,427
2,9 6,170
1,106,566
4,091.272
1,882.199
430,759
18,345
1,270,247
61-11,537
683,5 .9
144,301
712,023
281, two
5,724,602
1,039,015
982,553
294.100
852,430
331,761
1,720,6.13
72,),72 4
2.692,83
i
917.7.)8
1,124,56,2-<3,71o
1.198.731
249, 105
763.076
100,084
900.269
153.772
3,862,617 3,704.890! 14,735,483 13.693,180
1,320,804 1,272,948: 4.'<45.789 4,255,120
2tiH,14-.
24H.71
1,008,644
!'37,i9d
114,9i8
92,591'
419,139
318.720
2,177,972 2,343,973
8,178,916 7,904,186
Net...
742,.520
951.3171 3,076,088 •2,822,247
1
6^ per cent of oirninis and entire workine e.-cpenses ot
Ohio R»Uroad.
t .Mexican ourreuoy.
New York Penmylvania i
way
in that
4,490,441 4,824.406
1,824,4131 2.047.667
410,587
299.918
123,501
2,705,021
1,080,971
1,143,808
ing features of last season's yield and weather conditions.
It is only through a comparison which the record kept up
Apr. 30.
oast
& Erie). .Gross.
Net...
PhUadelp'a & Erie ..Gross
Net...
PUUa. & Reading-. ..Gross.
of Pittsb.
2-<8,964'
67.:)22'
to
we
907,551
374,390
41,1163
def. 9,400
..
dition reports,
361,859
92,928
199,701
105,734
1,293.478
1885.
314,322
103,194
242,530
Net...
Maine Central
df '9.97 6
205.205
101,613
March.
1886.
4,018.850
1,11-2,867
Green Bay runs ahead. Further south, the Wabash and
Net...
92,1:86
fc3,lo4
Mexican National. ..Gross.
the St. Joseph & Grand Island both report increased net.
Net...
Oregon Short Line. Gross.
172,024
117,671
In the east, the Baltimore & Potomac, the Northern CenNet
62,4711
21 ,4 1;
tral and the Buffalo New York k Philadelphia have
diminished net, but the West Jersey shows improved
COTTON ACREAGE, STAND AND
results, while the New York & New England continues its
1886.
noteworthy gains. The following is the statement in full,
As
preliminary to this year's acreage
a
including all roads from which returns can be obtained.
GROSS AND NET E,VRNING8 TO LATEST DATES.
18J5.
which are no longer operated, and thereforonot included
Naxe of Road.
April 30.
def. 2,745
1
^ riiis
lo
839,902
110,272
16,897
4,»71
3c, 52:1
Net...
34 209
Morgan's La. &T. Gross.
362,513 321,805
Net..
130,757 125,110
N. Y. Tex. & Mex.. Gross.
11,05
Net... def. 2,58
Texas & New Orl.. Gross.
92,575
79,345
Net...
48,798
36,013
Atlantic system. ..Gross.
795,118 695,643
Net...
231, 431
302,13"
Texas & Pactlc
Gross.
453 914 361,494|
Net...
62,085
26,1801
Union Paclflc
Gross. 2,113,44" 1,987,191
Net...
732,709 653.8-19
Wab. St. L. & PacJ .Gross. 1,028,339 l,llt,48:jl
Net...
2:)9,0:l9iaf. 17,0351
West Jersey
102,36ii
Gross
94,208
40.4'- 8
Net...
37,974
ClcT. Col.Cin.
to
261,152
28.675
3,751
W. Tex, & Pac. Gross
Louisiana West'n.. Gross.
of
XLH
18?6.
Iron. Gross. 1,00:), 605, 1,179.970
3,816.117
Net... dt223,103
35 211 ilf.70f.661
'
'
90,1151
72,160
309, (20
Net...
42,913ldf.l5,l40|
179,7 5
Net...
G.
Jan. 1
1885.
Gd. Isl'd.-.Gross.
Southern Paeiflc Co.—
Golv. Har. & S. A. Gross.
of the Southern Pacific shows a considerable decrease.
The Atchison Topeka & Santa Fa likewise falls behind.
Northwestern roads, the Burlington
&
.
[Vol.
in the direction of higher or of lower totals.
dency either
Among
•
.
to be repeated in a generation.
The
two years ranking next in yield were 1880 when it
was 187 lbs. per acre, and 1879
when it was
180 lbs. per acre; with those rates realized in 1885 weshould
have secured over 7^ million bales on the basis of the
former and 7;^ million bales on the basis of the latter. That
such a result as either total indicates is by no means
incredible, the reader will admit when he recalls that the
State of Texas alone, with the promise of the latter part
of July continued through the remainder of the season,
could probably have added nearly a half million bales
to the production.
But
it
is
important to note that there
quite a difierent
way
the out-turn of the 188,"
vary
much from
that
already stated, nearly
(i
;
another,
crop 6,525,000 bales
,'ure),
:,tier
i
we
and
Calling
(it
cannot
find the result to be, as
hundred thousand bales more
of the two previo is seasons,
bales less than might ba expected
le
i
than was realized in c
although about a millio
is
of looking at this matter.
.
June
.
THE CHRONICLE.
18, 1886.]
718
from the acreage planted. And yet most wriiurs presn ous years. Thia fact we b*T« fsdMToiwd toprmn.
the question, why was not the full promise realized, to the the following.
exclusion of the circumstance that a good fair crop waa
TISLD PER AOaS OF BACH ITATK full TKAIU NAMKD.
Is there not a little danger of future disapsecured.
rouniU per aer*.
pointments on that basis of expectations 7 The truth is,
with the great ^extension
that
seems to teach
more
age,
between
occurred
its
than
and
crop
Even the
same percentage of losa
a poor season used to show when
which the product of
compared with a previous year of plenty, means,
much
to present acreage, a
greater loss
now
;
applied
if
besides, the
wider the area, the larger the room for accidents.
and we
the crop of 1871
find
than the large crop of 1870.
is
formerly
of „ a
possibilities
Stalt*.
on the aver-
anticipate
differences
the
result.
final
we must
that
considerable
experience
in planting,
Take
it
was 31^ per cent smaller
If
we apply
that percentage
promising 7^ million bales,
a
of loss
to
is
reduced
to
a yield of about 5,100,000
promise
the
Then again, the very prolific years seem
bales.
planting
No. Car..
.
Car
Georgia
.
.
Florida.
.
.
180
141
140
106
Alaliaiiia..
10-1
80.
174
Louisiana. 223
Texas
103
Arkansas
229
Tennessee. 177
AvoraKe.
160
NoTK.— For
standing acreage in
And
were we
to
go back
them
all
:
that
is,
after a very
abundant year, although acreage goes on increasing almost
number
of years generally elapse before
a near approach to the possibilities of production
is
again
reached.
In
1885-6
in
on the
anticipated
ern
is
increase
total
another
connection
this
which
State shares
2(;0
161
220
177
240
288
199
140
104
144
144
211
170
140
103
120
2U0
207
224
268
19S
187
107
178
141
100
100
144
101
136
ll.')
206
205
167
203
207
170
223
182
244
102
140
102
133
178
240
103
205
184
180
171
177
238
IM
121
llio
230
1«1
135
110
12S
10«
235
108
227
153
160
-• —i
-
I
....
..,=.,
—
review the whole history of crops, we should
trace this feature through
constantly, quite a
239
177
127
120
72
01
107
235
140
190
145
;
year but oue, the acreage in 1875 being about twenty-five
in
101
03
106
108
171
153
00
127
210
pnrposns of this table we have taken the n^
weight of lialiM In I8m5 80 at 45S lb-<.; In IHM I s.l at i.VJ lbs.
at 45lll).i; In l>*SJ-»3 at 461 lbs.: In 1881-82 at 447 llw.;
4571bs.: 1879-80 lit 4 J2 ll«.: 1878-79 at 445 lbs.; 1377-78 ul
and for previous years, 440 lbs.
1870
of
per cent larger than in 1870.
and pass
177
122
117
These tables only help to confirm what has been previIt was not until
was equaled, notwith- ously said: First, that the last crop was a fairly good
in fact
there have been but two crops in the
the meantime had increased every one
crop
the
186
132
120
89
93
153
229
138
205
105
MlH8lHI(l|ipi
always to have come infrequently.
1875 that
m
fact
distinguished
the crop
of
first
in
it.
is
of
that
not as
is
general
though
large
August, yet
So
interest
as
whole history of cotton-raising in
the
United
States
that have been larger than that of 1885-6; second, that the
yield
has never
been regularly
acreage, but quite erratic, only
progressive
at
like
the
infrequent intervals
reaching the possibilities of the acreage planted; third
that though
the
total
yield
per acre in 1885-6 averages
lower than for most of the years in the
table, yet the aver-
age in Georgia was higher only two other years, and the
for small average for all the States is due to the circumstance
the that the crop did not fulfill expectations in the Southwest,
was where almost the entire increase
every South-
an increase
is
quite an unusual feature, except in extremely productive
in acreage has of late years
occurred.
Turning next to the weather record for 1885-6, we
find
that just such conditions prevailed during the season as
was not an extreme year, the pecu- one would expect to find, starting an investigation from
The leading
liarity suggests a common or like improvement in one oi such crop results as have been indicated.
more of the conditions of growth. It will not, however, features were (1) a good but late planting season, with a
be understood that each State has been equally productive good spring start, the stand being reported the middle of
that is on the acreage planted, that each has come May best in Georgia, and (with the exception of being
backward especially ia the southwestern States) good to
It will be
as near its limit of production as the best.
remembered that in 1884-5 there was some improvement very good almost everywhere; (2) but the last half of May
it began to rain so that the rainfall for May was heavy in
in Alabama and quite a fair crop in the Atlantic States;
hence, when it is found that all the States have now almost all sections, and in a large portion of the South very
improved ou those figures, the result brings some of them free rains fell in June also (3) July was apparently favorquite near a full crop, whde others are still much below it. able during the first two weeks, but after that it became
These features are illustrated by the following, which very hot and dry in a considerable portion of the South,
gives the actual production of cotton in each Southern especially in the Southwest, and this description of weather
prevailed through August in the same sections, while in
State, not only in 1885-6 but for the previous nine years.
Of course when the crop statement is made up in Septem- other sections the rains continued abundant and excesyears;
and
as 1885
—
;
ber, the 1885-86 figures will
be modified slightly, but not
materially.
PBODUCTION OF EACH 8TA.TB FOE TEARS SAMED— (OOOs omitted).
^
States.
4.30
6a. Car....
5^5
950
441
494
420 455
443 598
7G8 940
5'
60
575 73
893 1,098
405 510
..
6751
Uisitissiiipl
975|
Louisiaua
49.
660
55
59t
840
467
1,310
99(
,10(1
1,467
55s
326
40
575
335
5u
699
375
56
Georjfia ...
Florida....
Alabama
Texas
65|
Arkansaa..
Tennessee.
650
360
All others.
50
Total.... O.bih 5.069 >.71
m
Such, in outline, were the leading characteristics of
weather during 1885; though of course a general review
now
With
of 80 extensive a planting area as the cotton belt
3
No. Car
sive.
1
0.''92
00
00
433
4G9
798
43
460
575
937
60
730
581
895 1,015
485 529
855 1,173
525 675
300 380
50
covers,
must be subject to many
local exceptions.
surroundings like these, the reasons for the
390
523
814
55
700
956
507
804
607
331
70
340
470
750
60
595
805
4C0
784
520
29U
eo
37
390
680
50
COO
775
420'
610
590
260
6<i
340
385
600
55
5.">5
700
385
690
490
235
SO
5.436 6.58918,757 5.074 4,811 4.4^5
reached
First.
final results
we should specify somewhat as follows:
The general increase of production
—
Southern Stale in
1885-86
is
in
every
primarily due to the good
the spring.
Tuis was a universal condithough better established in Georgia, where the
outturn of the crop was best. A reference to our last
stand secured in
tion,
year's acreage report will present the situation as to eaxly
stand more in detail.
Second.
—The
planting
being
late,
especially
in
the
detenuiuing the actual situation as to Southwest, was peculiarly open to damage from the excesproduction in 1885-6 may be obtained from a statement sive rains the last of May and in June, as those rains
of the yield per acre in that year as compared with previ- encouraged growth of top before the^ root had been well
Further aid
7
.
;
t
1
1
:
1
1
THE CHRONICLE.
714
naturally produce
Such, conditions
established.
which
accounts for the unusually good reports received up to
yet the same conditions produce a plant
that date
very poorly prepared for hot, dry weather, which explaios
;
the sudden change in the nature
As
tbe reports.
of
of these unfavorable features of weather and
all
growth were
more extreme in the Southwest than in the Atlantic
States, the damage. was greater in the former section. But
nowhere did the plant suffer as in the previous two years,
because the hot dry weather was not as prolonged or of
wide extent, and the plant would have suffered but
very little had it secured a better growth of root in its
A good tap root is the safety of the plant
early life.
during the hot dry weather of summer.
We have not the space to reproduce our thermometer
and rainfall record for the summer of 1885 in detail, to
as
enforce what
we have
thermometer data
suggestive
Bat the average cf the
said above.
of each State for a series of years will be
We
well as helpful in this investigation.
as
the following
insert, therefore,
showing
table,
Similar averages as
a lux-
uriant-looking, leafy plant the latter part of July,
f jr
each
State the highest, lowest and average temperature in June,
[Vol.
that form they are
we do not
to rainfall
XUI.
give, as in
and sometimes posimisleading, since one heavy local shower at any
tively
less
instructive
station in a
State will in a general average for the State
conceal a drought which might be constant in every other
section of that State.
Tue reader must refer, therefore,
to the local
tember
rainfall figures,
which we gave
26, 1885, as the only safe
in detail Sep-
guide on that point.
Cotton Acreage and Stand
in 1§S6.
But the foregoing is
bearing upon the crop
chiefly of
interest because of its
of 1886.
Turning our
then, to that portion of this investigation,
we
attention,
are glad to
say that the reports
and details we have this week
from each State with regard to the weather
since planting began, and the condition of the crop
and the acreage planted, cover more sources of information than in any previous year.
Yet we must
repeat what we have always said, that our results as to increase and decrease of acreage are not claimed to be absoreceived
"We can invariably, and with considerable
lutely correct.
accuracy,
the
reflect
tendency;
that
to
is
say,
if
the
August and September for the years 1871, 1880, people of a State, county or section incline towards a
1881, 1882, 1883, 1884 and 1885, the first, the third and larger area for cotton, or towards a contraction in cul1883 and 1884 being the worst years we have ever ex- tivation, that we can detect and report
but we have
July,
;
perienced, 1882 being
and 1885 being
about the
best,
1880
being good,
fairly good.
Auguat.
July.
September.
7hermom€ter
it
represents the inclination of each State, and
approximately the measure of that inclination.
that
K.Car'una
188a (fair).
1884 (bad)..
1883 (bad)..
1882 (good)
1881 (bad)..
18S0 (good)
1871 (bad)..
8.
93-4
584 758
960 601
910
81-8
60-8
58-6
61-7
58-7
37-7
93-4: 63- 2 77-6
96-81 65-6; 78-8
90-9
950
97-3
99-7
88-8
71-3
7B-0
75-9
77-4,
940, 63-4 77-3
98-7 630| 80-2
74-81
93-3
95-8, 65-5
1
54-5
93-5
90-5
81-4
0S-2|
90-2|
78-6
75-7
98-2
01-1
92-8
711-7
910
80-3
92 6
97-0
95-5
78-4
899
62-6! 75-81
eO-8 76-1:
89-8
87-9
60'9
63-9:
78-3:
78-SI
4J-3
54-7
53-7
89-4, 55-C
92-4 62'.i
93-2, 51-1
68-8
7»-6
820,
390
78-6
77-4
77-9
59-0, 84-2
6901 81-0
890, 81-4
66-5 SO'l
85-7
58-3
56-5
65-»
61-6
77-1
71-6
7S-8
89-1
72-5
77-0
70-8
62-3
Cak'lina
X885(fairr.
1884 (bad)..
1883 bad)..
1882 (good)
1881 (Bad)..
76-4
91-9 610
93-3 65-1
55-1 72-6
59-3' 77-6 100-6' 69-5
94-0 67-0|
03-0 79-3
84-0 81-8; 1030 67-Oi
83-2'
970, 710
83-41
95-0
80-8
«l-7
88-4
97-3
970
96-5
1880 (good) 100-0
1871 (badl
900
.
65-0
81-3
83-5
[
;
i
975
930
95-0
I
65-7
61-9
5«-5
88-61
93-5
92-8
92-8
620
890|
610
90-5;
873
8'
88-0
73-0
74-8
72-1
73-9
80-7
75-8
70-8
Oeoroia.
1886 (lair).
1884 (bad)..
1883 (bad)..
18S8 (good)
1881 (bad)..
1880 (good)
1871 (bad)..
61-9
58-9
63-2
77-5
74-0
59-
700
78-0
81-9
80-2
79-5
65
8I-3'
79-6!
93-3
91-6
94-7
95-2
99-1
flS-0
9I1-2
63-2
92-0
78-,S
95-3
94-0
97-6
92-3
80-1
80-4
94-0
64-2,
988
64-4
941,
B3-.-i
82-5
78-7
85-3
84-1: 78-8,
68-6, :9'7i
87-9; 80-8
6-; -8
8s-ti:
021
57-8
57-3
91-2; 57-7
94-3 63-8
90-8 52-5
85-8i 60-2
.
838
97-6
96-3: 88-2
02-2: 880
81-91
94-5'
79-3
78-1
94-0
71-2
94-9! 70-2
95-2! 69-4
93-2 7rS'
98-51 69-5
95-5 70-3
94-7 69-0
81-2
82-1
84-0
81-2
83-4
82-8
bl-3
93-2 70-7
9J-2 70-2
95-2
..
Jl-S
.,
940 69-8
94'3 69-5
80-8
80-1
82-8
81-8
81-7
94-6
94-1
80-7
79-4
82-9
93-7
7v7
91-9
95-6
97-0
95-2
1012
91-8
92-4
78-4
79-8
73-8
7.)-7
95-8
93-7
9^-9
03-2
96-0,
0--2;
I
691
88-3
67-0
81-5
80-5
870
94-5
72-0
1885 (fair). 92-4
1884 (bad).. 910
1883 (bad).. 96-.i
1S83 (good) 97-2
1881 (bad).. 100-4
1880 (good) 91-3
62-8
final result.
greater variety
70-8
79-2
90-4
78-
930 07-Oi 78-4
94-0, 88-5; 80-3
94-7| 70-0, 80-8i| 9rO 63-0: 77-8
93-3 71-1 8J-5
91-0 64-3 77-0
Alabama.
1871 (bad)..
91-5
780
738
63-9
67-0
59-2i
(i5D 79-6 100-5, 6J-4
83-4 S0-«
93-0 83-2
103-6'
67-4
81-8,
oi63-0 78-2i 96-7 69-3
06-9 78-8
94-3 68-3
78-9
77 4
87-0, 80-8
69-1 78-3
68-3 81-3
70-0, 80-2
68-5 831
89-4
94-0
75-6
77-4
95-2' 8S-o| 76-3
90-1 58-31 74-1
96-8 87-0 77-8
91-0, 55-o; 74-3
73-7
68-31 81-9
85-3; 81-51
938
65-4
94-4; 62-2
98
82-9
80-8
81-1
68-4
58-4
LOCISIASA.
18 S (fair).
1884 (bud)..
l»«3(bart)..
1882 (good)
1881 (bad)..
1880 (good)
1871 (bad)..
931
TO-.f
95-4
95-6
96-4
99-3
91-5
65-7
940
71-6
««-(l
tVHI
82-9
79-9
mv
80-7
fW7 Rf4
«H-(1
79-0
81-3
95-01 71-7
98-8
70-2
72-7
960, 66-9
99-9, 71-0
940 67-5
9S-()!
730
93-6,
96-1
97-8
97-2
85-7
83-7
80-1
88-3
80-8
83-5
94-2
90-5
91-2
98-5
91-0
91-0
68-9
940 68-7
99a: 71-2
82-4
79-7
84-3
93-0, 64-3; 7S-7
98-3) 74-7, 83-4
62-2
65-0
630
58-5
55-0
680
660
76-1
80-8
79-4
75-0
7i-9
74-6
76-7
9fl-0i
62-7
61-8
61-5
55-8
9S-3
92-3
94-2
63-3
67-2
H5-o;
93-3
98-1
680
92-2
93-1
95-5
80-7|
95-r
75-8
97-9
78-3, 100-5
78-4
03-7
80-7, 98-5
77-1
94?
78-8
96-4,
63-51 80-8
98-0
88-8
63-8
9:i-6
82-2
81-3
62-0,
773
87-0
ai-3
66-3;
790
66-2
83-4
80-4
81-1
80-2
60-3
54-4
78-5
96-4: 63-4
74-1
5ti'5
77-0
78-5
99-1
06-5
67-8
80-u
930,
80-11
99-0,
05-Oi
97-8,
88-.')
760
820
60;,
77-0
68-(
800
1881 (bad)..
1880 (good)
04-5' 47-5
94-0, 03o
89-0: 8H-5
187) (bad)..
05-2
87-8
7||
4-3
80-6
Ten.nessee.
1885 (fair).
1884 (bad)..
1883 (bad)..
1882 (good)
1881 (bad)..
1880 (good)
1871 (bad)
61-8
60 4
08-0
85-0
99-7
91-2
78-21
79-T'
»2-l'
7H-4,
89-4
83-0
05-1
63-9; 80-8
84-41 76-7
63-3, 72-3
98-7
89-3
96-3
82-0
84-2
87-0 63-0
93-0: 680 79-9
94-8, 66-6- 82-2:1 9<-6l 46-31
1
590
97-1
77-9
72-5
724
77-9
58-1 77-4
88-3' 73'7
90-."): S«-6,
74-1
101-0, 68-5' 82-8,
89-8
much
easily,
process, as circumstances incline him.
may reverse the
Tnese are not
true,
same extent in every State; but are more
making the problem for the investigator
of course, to the
or less the rule,
who
seeks to give results as to acreage not an easy one.
With these suggestions, we present the following details,
covering the planting and conditions of growth this year
each State.
in
It
should be added, as to the nature of the
start secured, that
our report
is
not as conclusive as usual,
is very backward.
weeks may do more in
particular for the crop (that is in giving it a good
Consequently
this
send
77-1
93-6
41-0; 73-5
98-0
88-5
47-0
33-0
40-0
"
69-5
920
40-8' 71-1
92-3
91-0
88-9
98-0
87-2
47-5
64-6
50-4
47-1
81-9
43-7
39-8
570
91-3
90-7
64-7
76-5
81-4
"^"
741
87-4
I
93-7i 613
93-71 69-8
93-4' 67-0
77-4
74-3
75-r
96-6
94-8
96-1
98-9
78-7,
91-3
87-3
6S-2
97-6: 56-51 TS-o!
98-1 37-8: 76-8,
80-li
79-3
94-4' 81-8
7-i-3
872
76-4
82-7
93-0
89-2
liM-3
59-3
80-7
67-2
75-8
77-3
84-3
8i)-8
691 760
931
1885 (fair).
1884 (bad)..
93-9
93-8
64-1
79-7
61-0
77-3:
Ih83('bad)..
M'9
88-1
83-7
81-3
80-9
95-71
97-9j
97-0!
96-3,
«9-4
8.3'3
99-8
65
<"•" 61-8 80-4
97-9
834i lOO-Ol 76-21 86-6' 101-4 74-81 86-8
78-2
77-1
lOl-n; 05-3
94-5; 602
76-7
93-8, 61-2, 75-7,
94-0 68-0; 78-1,
82-7:
98-91
850
97-6
77-9,
7i-0
74-5
69-9
71-1
78-6
86-.i
88-2
Tixas.
94-1
1881 (bad).. 98-0
1880 (good) 93-7
1871 (bad).) lOl-O
72-6
69-4
73-9
70-2
89-8
71-0
68-2
-1
8 -.•9,
-2
82-7'
82-5'
69-6
83-2
84-8
"
67-8; 79-4
98-81 72-2, 84-2
,
97-8
81-9\ 94-5
1
61-3
93-8 67-6
92-8, 83-9
90-2 88-6
95-6 68-5
96-0 88-4
92-1
95-2!
680
77-8
81-3
77-2
78-8
79-9
78-2
79-2
The words " bad." "good" and "fair" foUowiujj the years Klveu
»i)oT6 mean simply that the ag§Te«ate crop for the year named was bad
or good.
^MMi.,.^,j,
.rriim-Xii:MWiWKW^3US/Xli*liM^
.
off)
than
the
is
next
few
usually possible after this period.
North Carolina,— Planting began on
4S-7i 72 7
95o: 60-0
92-0
930
ty
in these days very
crop production; a farmer can
too, there is
has previously been given to cotton, or he
73-4
9-i-9
87-0
88-3
87-5
1882 (good)
in
and perhaps many times unbeknown to his neighbors, put
a portion of his land into tobacco or corn or wheat which
Akkansas.
1885 (fair).
1884 (bad)..
1883 (bad)..
1882 (good)
Then,
because the crop in a large section
Mississippi
1885 (fair).
1884 (bad).
1888 (bad)..
1882 (good)
1881 (bad)..
1880 (good)
1871 (bad)..
development was on quite a different basis and was
more regular than now. Then planters all cultivated large
plantations, and besides they generally followed a fixed
system of cultivation.
Every year they brought in new
lands and let some of the older portion go to waste. Now
new clearings are more infrequent, old land is fertilized
and not allowed to go to waste, while the small cultivator
is more and more becoming the important factor in the
731
91-91 67-4
98-8, 64-3
64
In ante-war times such a work might have been easier,
for the
74-7
75-5
79-S
Florida.
1815 (fair).
1884 (bad)..
1883 (bad)..
1882 (good)
1881 (bad)..
1880 (good)
1871 (bad)..
found no way to measure or determine in figures the
exact change which has taken place.
We claim nothing
more for our report therefore, in that particular, than
th?
avwage a
little
and was generally completed about May
10 to 13, or say one week earlier than in 1885. In a few
sections, however, the close was not until May 20 to 25. With
but rare exceptions our reports state that the seed came up well
in some instances very well and that replanting was rendered necessary to only a very limited exient. At some points
early growth has been retarded by rather coo and wet weather,
but most of our correspondents report the conditions uniformly
earlier
than
last year,
—
—
favorable.
May closing
with the plant making satisfactory prog-
Stands are reported only tolerable by one correspondent,
but good to better than usual by all the others except one, who
reports it the best for many years. On June 1 the fields were
in the main clean, grass having had very little chance to get a
ress.
start.
Altogether, then, the present prospect may be considered
June
THE CHRONICLE.
12, 1886.]
promiBing, and with favoring weather conditions during the
remainder of the season, a full crop is anticipated. Acreage
—There seems to have been very little disposition in any part
of the State to extend cotton -planting; in faot,
amount
of land
a moderate
which has heretofore been under cotton has
We should, therethe whole State there has been a decrease
Fertilizers Our
in cotton acreage of about 1 per cent.
returns denote that the farmers are gradually reducing their
takings of commercial fertilizers, but have increased the use
this year gone to increase the area in tobacco.
fore, estimate that in
—
home-made manures.
South Carolina.— On the whole, the planting season in
South Carolina was a little later than in 1883. Owing to too
dry and cold weather in the early spring, the seed germinated
poorly as a rule, in fact, at some points did not come up at all.
On account of the continuation of rather low temperature,
and in some districts lack of moisture, growth was of necesof
in
some
716
wm
It
washed out by rains; and in worn*
a much larger amount of replanting than usual
was found to be required. The Stand, as can be inferred from
the above, is as a rule not good, being reported by many as
poor, while a few say fair. The continuation of low temperature up to near the ul'>se of May acted aa a check to improrement, but since that date more favorable conditions have prevailed and put the plant in better shape. The fields have been
rather grassy, but are now being rapidly cleaned. Aoreoff*
There has evidently been no inclination on the part of farmeia
it
localities
died, so that
—
Alabama to add to the land in cotton this year, while SOOM
have reduced the area; we therefore estimate that tlwre U
about 3 per cent less land under cotton than in 18*5. Fertilizers—The use of home-made manures has increased to a fair
extent, wholly at the expense of the commercial sorts.
MI.SSISSIPPI.—The wet and unseasonably cool weather daring the early part of March delayed farm work in Mississippi,
making the planting season average somewhat later than a
in
From the 18th to the 80th of May unusuheavy rains fell in some localities, and washed out recently- year ago. In many sections the early-planted seed was unfaplanted seed. In consequence of these conditions a larger vorably affected by similar con iitions during April, and aa a
amount of replanting than usual was done, although, as com- result came up rather poorly. At other points, however, gerpared with the total area, the amount did not possibly reach mination ranged from fair to well. From various causes
over about two per cent. Stands secured ranged from poor (drought in one district, heavy rains in another, and at still
to moderately good, with the fields generally not very clean. An others low temperature and defective seed) a larger amount of
improvement in the weather with the close of May has been a replanting than last year was rendered necessary. Stand—
considerable benefit to the plant, which is now making good Our reports on this point vary greatly, some stating that the
growth. Acreage has lost a little compared with a year ago, stand is not at all good, while others report it better than an
the changes in different sections being small, but averaging average. The returns, however, range from bad to very good,
about 2 per cent. Fertilizers Home made manures have and would seem to average about fair. Conditions have lieen
to a considerable extent taken the place of commercial sorts more favorable generally since about the middle of May, and
the present season.
the plant, though small, is now growing out nicely, with th^
Georgia. The cold and late spring delayed farming oper- fields pretty clean. The Acreage has been Increased to some
ations, so that work was not actively begun until later than in extent we estimate 2 per cent. Fertilizers have new been
When a start had been made, however, rapid progress extensively used in Mississippi, but home-made manures have
1885.
was the rule, so that although in some sections the finish was this year made some gains.
Louisiana. The cold early in April delayed farm work, so
from 8 to 10 days behind last year, in others, including the
greater portion of the State, the difference was very slight. that, although planting was begun as early as the latter part
The tenor of the returns is that in consequence of the of March, it did not become general until about the last week
various unfavorable conditions—either too cold and dry or of April, being finally completed between May 10 to 20, or
heavy washing rains the start was poorer than last year and from one to two weeks later than in 1885. While the early
a much larger amount of replanting than usual was required. planted seed in a majority of cases came up well, the later
Stands. A few of our correspondents report the stands secured planting germinated poorly on account of dry weather. One
as a fair average, but a majority of them report the stands back- of our correspondents, however, ascribes the poor start to the
ward and unsatisfactory, though it is generally claimed that fact that the seed was of poor quality, having been partly
good weather would speedily make considerable improve- spoiled by the heavy rains of last August. In the Northwestment. Where the rains have been excessive, the fields are ern portion of the State in the Red River Valley a small
rather grassy, although at the close of May clearing is rapidly amount of replanting was done, but for lack of moisture
going on. The later telegraphic reports show that the condi- much of it was not up at the close of May. Fine rains since
tions in most sections are becoming more favorable. Acreage.
then have changed the outlook materially, leaving the condiAn increase in acreage in a few districts seems to be more tion of the crop backward ovnr a large section, but in the
than offset by a reduction of the area in others, so that in the main satisfactory. Stands. The stand is reported as genState at large there has been a loss of about 3 per cent on the erally good in North Louisiana, and in the remainder of the
average from last year. Fertilizers. Planters are making State ranged, June 1, from poor to fair. With the late change
increased use of home-made fertilizers, and in consequence in the weather the plant has shown much improvement. Fields
the commercial varieties show a considerable decline.
are stated to be clean. Acreage— Oar returns indicate that
Florida. The planting season was in some districts of the there has been a small addition to the area under cotton, say
State a little behind the previous year, owing to rather cool about 2 per cent. Fertilizers, as is pretty well known, are
weather in March and early April. After planting had been but very little used, yet some attention is now being paid to
completed, and with the exception of low temperature at the home-made sorts. On this point a report to us from Cennight in some localities, the conditions favored the plant so tral Louisiana states: "Some planters have at last become
that in general the seed germinated well, although in a few "aware of the egregious folly of selling out their cotton seed
instances it is said to have come up poorly, making a limited "and planting without any manure .whatsoever. There is a
amount of replanting necessary; but as compared to the whole " great difference in the stand where there is manure and
area, this replanting amounts to very little indeed. Stands " where there is none."
are reported fair to very good with the plant now making satArkansas. Planting began a few days later than last seaisfactory growth. The fielis are as a rule clear of wee is and son, but made pretty steady progress except on the borders
grass.
Acreage. Some land has been taken out of Upland of the Mississippi, where it was delayed about two weeks by
and put into Sea Island cotton, but otherwise there seems to the overflow during the last half of April. The finish was
have been no change, the acreage for the State remaining the from May 5 to 20 according to locality. The early planted seed
same as last year. FertilizeriS. A little more attention is came up well, being aided by sufficient moisture later plantbeing paid to home-made manures, but the amount of any sort ings, however, owing to an almost entire absence of rain during
used in Florida is very small.
the month of May, came up slowly, some not bemg up by June 1.
Alabama. The early spring weather was too cold or too Where the seed came up early it has made good growth, being
wet, or both, for planting operations; as a consequence they favored with hot, forcing weather, but at the close of May woa
were delayed, and although in some districts the preparations in need of moisture. Replanting was required to a moderwere begun about March 2.5, in others there was little accom- ate extent on account of drought and defective seed. Stan is—
plished until from the Ist to 10th of April, or fully ten days later Subject to the exceptions referred to, stands are good and
than in 1885. In consequence of interruption from overflow, the fields generally in fine condition. Telegraphic reports to
seeding was not completed until the middle of May, and in some us of and since June 4 indicate a decided improvement siaoe
instances even later. Our reports state that as a result of the the opening of the month, much neaded rains having fallen.
unfavorable weather conditions since planting heavy rains and The present prospect is, therefore, as good as, or better than,
cool nights and mornings the seed germmated poorly; that
in 1885. Acreage— Owiag to the overflow mentioned above
cessity very slow.
ally
—
—
—
—
—
—
—
—
—
—
—
—
—
;
—
—
—
—
1
..
—
_
5
!
1
..
...
for cotton was planted in corn; still there
has been an increase in acreage in the whole State of about 3
per cent. Fertilize} s—CommeTcial fertilizers have received
less attention the present season, but home-made sorts exhibit
a slight increase. The amount of any kind used is, however,
very small.
Tkxnessee. The planting season in Tennessee this year was
about on a par with that of 1885, for while in a few localities
the start may have been a little later, the finish differed but
slightly if at all. In general the seed germinated very well
(one report says better than for years) and good progress
toward development was made, checked slightly at times by
rather low temperature at night. In the main, however, the
weather conditions have been favorable to the plant. Under
these circumstances it is not surprising that only a very
«ome land intended
—
amount
limited
was necessary.
of replanting
Stands are
reported from generally good to perfect, with the staple in
some instances unusually healthy and vigorous. The fields
are stated to be clem and well cultivated, grass having had
very little chance to take hold. Acreage in some sections has
been decreased, and in others increased, the net result for the
State being a small increase, say about 1 per cent. Fertilizers are very little used in Tennessee.
Texas. The planting season in Texas this year averaged
.
—
about one week earlier than in 1883. The seed in general came
up well, but after growth began there was one week of unseasonably cool weather, followed by a drought, which continued
throughout the month of May. Less than the usual amount
of replanting has been necessary. Reports from our Texas
correspondents of date Jane 1 stated that cotton was grently
in need of moisture, alih mgh no actual damasce h id up to that
time been done, the general opinion, however, being that
unless jfiin came within a short time, harm wruld ensue; th'
late rains were therefore very timely and necessary.
Stands
were reported on June 1 as good, with the fields unusually
clean. Since the beginning of June the improvement in the
weather conditions which has occurred has relieved anxiety,
our telegraphic rep >rts noting beneficial rains in almost all
quarters.
Blooms are now abundant.
Acreage For
some years Texas has been the banner State bo far
as increased acreage is concerned, and the present season
proves no exception, a careful review of the returns indicating
—
a further addition of
fully 9 per cent to the already large
Fertilieers receive little or no attention.
The foregoing
are
details
necessarily brief, but
we think, to convey a pretty clear idea
of the situation about June 1st in each of the cotton States.
"We have, however, prepared our usual statement of rainand thermometer as a confirmation of these results.
The details of the thermometer record are as follows
March.
February.
:
1884.
1886. 1885. 1884
1886 1885. 1884.
70-S
65-8
72-0
78-8
35
14-4
2ii-s
210 200'
37-7
37-2
60-
4B-3
88-9
Lowest
ATerage...
....
60 5
75-4
2./-0
/S-fi
45-1
50-5
Highest...
Lowest....
Average..
Kiltv Hawk-
m-0.
620
7-0'
3i-a
lO-O
84-2
71-0
IH-0
48-3
Hiiihest...
66-8
fll-0
Lowest
...
Average...
...
\
5-4|
15-1
3V1' 39-0
1
84-4
46-8
9fl
57-1
B50
85-1
680
86-7
83-7
84-2
fl4-n
29-7
39
.i7-3
41-3|
80-8'
4H-0
71-0
87-9
51-3
88-C
48-0
BS'B
40-8[ 50-3,
78-1
28-8
52-3
71-2
2B-2
49-3
77-7!
081
621
61-8
7«0
250
70-0
77-0
IB-n
49-0
89-0
41-0
59-3
87-0
34-0
57-4
82-0
71-0
21-5
49-3
84-3
39-3
54-2
sn-1
34-7
64-3
73-0
10-0
Average...
WilsonHighest....
Average...
FauettevUle—
Highest...
Lowest....
Average...
48-2
41-2
730
67-9
27-3
4a-6
41-7
76-0
760
«9-0
75-0
1
24-4
48-5
240,
230
1
225
5-D| J20
401 385
660
40 8
62-0
16-0
30-8
OS-0
69-0
BO lUO
403
40-2
17-8
01-3
'
!
45-3| 53-4
7^-fi
820
81-0
28-5
2(10
51-3
240
53-4
760
80-0
iTil
51-0
300
4
52-6
ii-«
70-0
22-0
44-5
1
81-8
32-5' 33-6
59-71 59-4
8-i-6
83-0
25-0
54-2
920 84
360 850
B4-1
69-4
75-o'
88-0
89-0
65-8
....
85-0
570
1!
72-3
07-2
7il-li
Lowest
13-3:
22U
475
27-6
6»-7
Average...
84-ol SS-0
83"U' 37
80-0
B5 8
85 8
60-7
92-8
87-8
40-0
97-0
8.5*1
630
62-1
72-2
Lowest
82-8
Average...
73-9
14-7
42-7
780
820! 75-8 820
24-0
25-6
61-2
28-4
49-5
2;-5
59-6
85-3
8-4
42-0
69-0
8-0
39-5
730
780
11-0,
51-0|
27-0
50-1
6H-5
20-4
78-5
24-5
64-2
S2-o' 83-4
83-0, 35-8
70-.''
710
770
835
83-4
83-0
5T-2
77-0
33-3
54-3
71-0
2--0
52-0
71-0
28-0
47-0
130
56-D|
Savannah.—
Highest..
Lowest
19-{J
Average...
60-6
22-5
49-6
76-5
28-0
58-3
Highest.
80-0
12-0
43-0
07-0
70
150
,'iO-O
4a-
47'0
..
Lowest
^ verHffe...
MlVgerUle,-*
Highest...
O!
470
78-0
180
65-0
14-0
TSC
Lowest
Average...
44-5
39-5
18-0
52-0
260
639
66-n
650
70-0;
11
11-0
3S-0
140
740
230
49-7
51-0
73-0
780
800
14-0
20-0
5B-3
80-0
54-6
79-0
38-8
tl21
71-0
33-8
54-9
.
Lowest
Average...
Forsvth.—
Highest...
Lowest
Average...
80-6
34-0
61-7
73-o'
2K-0
58-0
70
71-0
....j
38
410
470
85-..
61-1
t8-l
88-7
40-01 42-0
6i-7| 85-6
8'l-7
fO-0
33-0
64-0
830
45-0
05-3
S3-0;
8fl;0
8^0
78-9
75-7
91-9
47-0
70-0
90-0
54-5
83-0
850
411-0
B5-0'
740
88-1
55'0
70-9
83-0
5S-H
800
90-5
75-Oj
7J3^ 76-i
8V0 86-0
340 600
730 70-0
400; 42
630
89-n
58-0
77-0
1
82-0
2HIJ
860, 86-0| 85-0
2B-I'
D90
31-01
82-8^
.37-0
46-3
030[ 02-0
68-0
24-0
48-0
790
84-0
22-0
541)
a'1-0
83-0
84-0
02
600 580
76-0
28-0
61-4
80-1
26-1
860
88-0
3B-0
84-1
40-1
420
88-9
653
62-9
830
870
78-9
85 2
85-8
88-5
47-2
59-0
57-6
77-41
78-8
87-2
83-4
HbV
84-0
2B-0
56-7
Rome,—
Highest.
88-0
33-B
63-1
f
920
540
37-0
75-0
91-0
83-(l
Srrl)
35-0
450 540
BB-8
71-0
90-0
50-0
72-0
88-0
88-0
7U-4
71
918
73-bi
f9-4
55-5
7o-7
90-7
82-3
76-5
....
88-8
1
76-0
13-0
47-4
44-5
88-0
62-01 59-0
FLORIDA.
Jacksonville.
733
Highest... 72-6
24-3
liOwest
Avenute... 53-3
Ce4ar Keys.Hlehest. .. 72-8
Lowest
83-1
5J-3
26-.-.
Average...
^rc?ier—
510
Highest....
78-0
at-o
62-8
79-0
32-0
880
371
65-0
Hiehest....
78 7
Lowest
Sl-S
57-4
81-5
88-0
58-5
Lowest....
Average...
SrtTi
44-0'
87-8
4«-8
B03|
66-0
«7-7, B8-7
759
78-9
86-7
81-2
14-4
65-8
83-3I 84-81
S9-4
58-7
37-81 42-4
59-2
3«-0'
-12-2
1
690
1
—
A veraae...
Tallahassee,—
lliL'he»l..
Lowest
...,
Average...
720
ISO
....
....
40-o!
....
860
88-3
43-5
61-9
42-4
622
....
....
75-1
77-0
95-0
BOO
440
688 09O
90-0
5110
91-0
80-0
80-0
03-1
57-8
o.^-n
47
5801 «!•»
726j 742 80-3
44-2, 62BB-lj 71-0
720 790
820 420
520 00-5
&3-0
38-0
87-2
83-1
84-3
88-5
86-1
90-0
59 8 80-5
B3-3,
3:-0
3«-0
68-2
58-7
51-8
6U-4
flOO' 90-0
790 930
3:1-0
60 6
.'|5-»|
ford—
450
680
744
81-2
73-9
900
88-0
.
••
630
780 75 5
....
88-8
48-1
83-1
59-4
8i)-n
ALABAMA
Vonffirom'v.—
Hiiihest...
Lowest
—
Average...
772
73-o: 79-1
14-41 1.V3
80-9
22-11
29-9
47-2; 43-4
55-8
63-7| 51-7
7.'.-6
73-o' 78-2
84-01 290
83-9
yfohiif.—
75-9
2H-2
,'S2a
820
590
.38-5I
83-3
42 8
B3-0
49-7
72-7
03-8; 03-8^ 113'4
701 74-6
1
!
Highest...
70-7i
Lowest
19-3
49-7
Average...
76-7
27-B
48-3
84-0, 86-11 83-l!
870 3H-9I 43"
83 8 8B-2| 88-S:
8;o
57 3
5B-7
53-5
B2'2
71-0
l.VO
44-6
70-0
71-0
26-0
80-0
.320
52-2
75;0
2H-0
53-8
75-0
21-0
52-0
75-0
33-0
56-0
88-9
51-7
86-4
7a-i
71-7
74-8
880
470
89^)
56-0
71-S
92-r
32-8' 3«-7
luscnlnnsfi^—
IHgUest...
840
Lowest
13-(i
Average...
42-1
•ietma
—
20-(i
81-0
32-0
81-8
820!
720 78-0
280 30-0
£00 550
85-0
82-0
82-0
.'5
3;0
68-0
U4-0,
8<-('
59-(>
511 570
83-(
360 40
850 80-u
1
70-1
j
Highest...
Lowest....
Average...
65-0
15-0
7S-0
4B0
44-0
HUhest...
Lowest
720
78-0
12-0
42-7
74-0
16-5
78-0
71-5
24-0
78-3
82
8.S0| 831,
270
2.-)5
471
539
53-5
49 4
563
8i-0
B2-4
87-5
83-3
740
250
75-3
3011
77-2
80-5
36-11
40-1.
58-6
68-4
B4b
83-5
41-0
85-6
832 830
401
53-
77-1
32-7
BO-7
80-8
53-2
51-8
70-5
*0()
88-2
772,
770
78-0
880
81-5
82-0
88-3
824
198 14-8 190
Lowest...
Average... 48-8 45-0 53-7
Qr'd CoifA,Vr-
29-4
64-1
310 830
37
48-7
54-4
84-5
86'S
40 3
62-8
Average...
150
11-0
!
380
58•^
910
510
730
83-0
41-0
8S-0
45-0
88-5
83
90-7
57-4
870
6tl-0
47-0
6»-0
88-0
47-0
70-0
920
570
,»Q
LOUIS'NA.
V. Orlenns.-
Lowest
Average..
1
Shreveport.—
Hiphest
...
Highest....
....
730
73-2
26-8
249
64'
62-4
HlKhest....
Lowest ....
Averase ..
Lowest....
Average..
tO-5
o!
680
60-5
73-9
88.2
61-7
78-4
101-2; 92-0
800
7,.-9
62-3
71-2
57-0
71-6
90-8
51-2
74-5
87-7
53-7
74-7
82-2
72-8'
33-9
j
77-8' 78-0
78-3
27-9
38-2
69-4
35-6
60-2
620
79-9
37-9
83-6
88-4
40 5
49->'
681
87-8, 71-8
§
880
7E-0
40-0
67-0
81-8
3Vr67-5
!
86-0
65-0
87-5
78-0
•;••
§
.30-0
456
61-3
§
76-0
78-0
84
320
611
5'J-O
82-0
T2-7
750 73-0
240 220
520 630
82-0
§
83*8
58-1
78-4
•
•••
701
i
28-0
52-5
8«-0|
55-2
47-5
75-!)
.30-5
539
71-0
33-3
52-2
n-2 23-0
512
Rrookfui^icn—
70-l| 71-5
Highest...
Lowest-...
Aventge...
Greenvtue
930
480 500
Sfl-0
05-8
68-7
li"'
70-5
fI2'0
ftrt'O
80-3
76-7
....
....
....
68-0
11-0
41-0
88-0
7-0
37-0
fi.VH
nieh»st....
81-8
87
8'i-3
Average.
38-4!
43-2
B7-1
40-6
B9-3
KKANS'S
Lowest
MoutU
7i|-7
88-4'
»iO
S9-4[
430
940
43-5
59-8
62-4
6.**
B3-3,
91-3
49-v*
90-2
.M-o
7^-8
72-7
74-s
BO-
61-1
170
74-0'
291 180
441 51-9
49-0
86-0
4i-0
050
76-0
40-7
59-8
700
270 280
70-0
5O-0
8V0
820
39'U
41'0
51-0
600
64*0
010 76U
IHO al
west...
Average...
Heleii'^Ili2ne*it...
...
Average..
Smith-
7.50
52
770 670
280 2»-0
77-0
28-0
86-0
Record uot tuUen this moDtb.
X
OU-1
B-2-21
are for Sparumbunr,
75-1
86
53-.'
.^3()
ar-5
633
64-0
10-0
41-0
690
Lowest
Average
ruiNyBS'E.
3&-5
.
;
1-9
<
88-0
Mj-ii
49-:
4-i-O
.^30
7rS'
'
S'l)
71-1
94
———
——
92-1
440
50 9
73 8
....
....
....
90-0
52-0
70-0
87-0
51-0
09-0
83-7
89-0
51-0
70-0
srs
57-3
71-8
'
87-0
54-0
73-0
80-0
40-0
B'.O
84
8.5-0
81-0
8>r0
411-11
.3+11
07
880
00-0
87-0 8S0
920 aio 8501 94
400 630
340 41-0 4rli| 32
70-4 8a-0 6J0
730 89-0 780
710
270
88-0
2;-ii
6S-1
59 U
00
91-0
910 SSO
4ro 43-0
70U 59-1
820
800 320
57-5 822
88-0
23-0i
....1
....
52-8
52-2
....
78-0
24-0
5J-0
780 740
88-ft
830
7.V0
90-0
18-0
44-r
24-0
50-0
21-0
48-0
490
4'l-0
380
61-0
B3U
67-I1
500| 43-0
70'5| 07
70-(
81-0
510
870
780
240 2i0
7S-0
80-0
86-0
810
2IJ-0
270
3-.5-0
2r
B7-0
41-0
810 84-0
380 480
4B-D
48-7
50 5
81-3
03-0
57-3
708
Ol-O
85-5
74-n
19-0
43-0
78-0
35-0
50-0
-00
78-f)
82-0
8+0
84-0
21-0
4S-0
90-ir
5l'0l
48
540
510
iO-Oi
n7-5
i.OO
„
838
81-6
4'VU
61-2
832
87-8
41-7
03-2
68-3
810 80-0
3 10 370 310
020 830 61-0
30-0
880
97-11
O'
337
47 5
47-91
52-1
5d-7
S5-7
571'
48-0
73-0
77-9
21-0
742
186
70-2
471
41-8,
491
83-4
870
10-(!
40-0
01-8
70-4
...
43-2
85 9 81-4
-0 8
820
....
71-9
9-8
48-0
XI)
1
Figures fori -84 a re for
Maco n.
Greene Sprlngl.
1
91-2
44-7
03-1
818 821 81-.'
31-3 340 34
19-4
I
IV
'
+ Figures IQ 1SS4 are tor
Observer sick
32-11
82-3
23-5
85-4
5
70
84-8
79-8
24-3
80-3
*
Oi-0
^3-2
-6-8
1
I
510
'
2i!-n
TOO
74-1
...
*'**)
BO'I
301
54-0
840 81o!
70-0
9-0
43-5
Average...
Lowest
84-0
.34-0
V<is)itiiile.—
Highest...
350 310 3*0
53-ll 48-3' 5fl-ell 6i-7i
*i?J'""'®'* Pi^lof t" Petiriiarjr, 18S5,
85-0
820
350
!
570
70-0
lOl
38-2
Highest...
. .
72-0
Average...! 14-7' 41-41 fSli
HiKhest..
lit
f'ort
80-0
28-0
Iila.-
I.-wst
i
83-9
—
Ave race...
1
60-7
8-9
3S-8
ttle.Rock.-
Highest...
....
Sl-4
.
780 780
...
....
....
900 940
400 44
....
j
79-0
14-0
35-7
1
8S'0
580
....
....
....
4B-
46-0
70-4
78-0
30-0
47-0
71-0
45-2
83*6
8*i-0
240
880i
305'
642,
852
'
1
400
70-8
60-0
53-6i 34-4i
1
7S-ol
10-Oi
61-7
50-6
70-0
22-0
880
290 :io-o
600 63
83-0 77-2
28-9 -270
79-5
77-3
1
Average...
.Wl)!
510 50-0
710 74 3
150
OS-D
14
—
74-8
TiOwest....
HiKfaest....
89-0
4i-5
573
670
46-7
86-6
81-2
1
5SR
Hisrhest...
18-li
89-0
71-0
*
80-0'
-3-0
53-1
71-0
280 asn
65 3 496
44-7|
71-3
4yi
04TI
100
—
Average..
Atlanta.Highest...
Vicksburg—
Highest...
fjowest ...
Average...
80-6
69-0
Lowest
80-0
1
8«-«
880
840
Lowest....
Average...
Higliest...
553
8-0
38-0
...
Highest....
Statchii/ro. —
45-8
Lowest ...
Average ..
52-9
1
Highest...
Lowest
Highest...
Lowest
1
t'harlenttm.—
.
76-0
18-0
1
''
8.CAR0LM
Average...
Paoolft'—
Highest.
130
Aumtsta.—
1
OS-o' 05-2
7-0
l..owe8t
i
71-1
21-1
49-7
1
Lowest
661
87-0
44-7
1
Charhtte—
Highest...
81-4
34-9
|i
...!
WtWm.—
87-0
S8-1
78-5
40-9
S4-5
75-0
23-3
N.CAR'I.A.
WUminfian.
67-0
OBORGIA.
Cohimbua.—
HlKhest...
I-owegt...
Blghest.
1
1
Average...
69-0
12-0
45-8
MISSISS'PL
VIRGINIA.
Average...
May.
1886.|l886.|l884.
,
Liberty HillHighest....
188C. 1885. 18t4.
"
April.
1888.11886.11884.
1
Highest....
Lowest
Pt. Plensani-
I*
lS^l!. 11885.
March.
1
Aiken-
Average...
May.
April.
Thf
A tCl momtLt"
"•^'rr*v* 't
Febriuiry.
1888.11885. 1884.1 1888. 1885. 1884
Lowest
fall
[Vol. XLII.
thermometer
Hlghest...
sufiB
ciently elaborated,
f
S
1
1
THE CHRONICLE.
716
area.
1
.
58-4
58-9
-
5«1
4l-a
1+4
.
Junk
1
i
1
I
THE CHRONICLR
19, 1886.]
717
t\n
JTorek
Ikftruary.
May.
Aprtt.
_ni)rvafy.
JtalVon.
7**niioinrtir
lllKlicnt ..
I-owo-*! ..
Avei'KUt',.
ia>e.liW4.
laoH. 1880. 1884.
780
2«2 ««-8
4r9 tai
Rfi'O
(W-0
7»7'
uu
8H-U
SU-O
iH-a
47-U
.
ea-0
IllKll.''<t..
3«-7
Illulinat.
LoWl'Bt
.
.
48-9
7001
78-(i
74-0
20'(
m-o
30-5
10
468
47-2
41-4
114(1
l'90
.SOl
331
78-0
»:io
48-5
71-0
40
30
.
Areruiie..
3rt-7
flH-O
-NO
IjI>W)'!*! ...
74'8'
4)1
7»-0
2S-a
61-7
730
78
I'l'O
49-0
43-8
1880-1 1886.
US4.
1886. 1888.
88-8
8B'2
8S-0
(MO
40B
Bl-I
4
IB
B9-A
MO
ll-B
B8'4
fl9-«
90-8
8B-8
88-0
82-0
280 840 840
86-0
44-0
«1-Ui B7-0
««0
S<«'0
84-0
28-n
58-4
81-k
840l 820
as-O
880
91-0
44-0
00-9
KB* ft
Days
42CI
07-0
88-0
37-0
088
HU-9
,Ml-0
4-.'0
0-5-8
7IM1
;iro
63'6
700
2S0
B2H
flO-4
B9U
730
72-H
TBO
79-0
WIS
01-7
ij80
UO'2
.S9-9
aou
.
Avoniiio..
70-*
ST-8
TO-O
S8-B
7S-B
4:12
60-7
8S-B
81-0
8B-8
87-7
84-4
flO-4
484
I10-4
88-(.
,19
67-8
74-B
70-
75-9
8r4
PO-9
018
8N'8
44-1
891
B7-8
7i-9
BS-8
78-0
NIO
7B4
41-8
«|-8
80-4
48-2
OB-B
10
llalnrall.ln
Days rain
4-77
1
S-SI
l'«7
1-68
»
Or I.
o.tf.iulUl..Inll,in
DuyN
..
AviTiiKO.
.
ooy
7»-«
39-8
«0-3
71-9
7RB
86-0
8B-1
83-2
08-7
40-1
MS
87-7
715
8-08
I4-H
775
17B
s<va
27-3
AVfrat'o..
Fori ElUiitllifh.st...
450
ti-U
asu S4« (04
7B-B
..
311-9
71-0 74-2'
-a-s|
IS
Sa'8| 3i-2
Illuhost....
WO
780 780
7ST
)...iv,.sl...
Cl<burn'
7
AvoniKe...
3BI
47- 1
770
i-ft-O
240
i»3 489
80-0
l,uwcttt
ATertuie...!
P2-0
80-0
140
18-0
45-3
1»S
41-2
:h9
8-01
Auitln—
IllKhest....
83-7
45-5
82-0
27-0
53-8
790 ««0
49-0
57-7
83-0
75-5
840
20
S4-0
Bu-9
28-01
41
32
S92
B2-3
nothing to add with
is
i«
T
4-4a
T
0-08
8
•.r
14-47
U
1-80
A-18
8
t
T
S-14
8
LlbrrlulltllKainlail.ln
11
6-17
rain..
S-77' 8-17
<^«3
U
8
Mlsal.^'l'l.
Kalnfall.in
Days
a-B«
1
7
rain..
8.'»-7
38-2
83-8
86-8
47-3
97-0
M-8
.38
4
«2-lj
78-6
80-8
B8-9
81 -A
32 8
BB'O
8B-ol
86-0
28-0
62-2
88-0
900'
420
3-J-O
B5-0
60-0
88-0
SS-5
08-7
86-0
PH-0
77-4
84-0,
41-5,
an-n
B21)
72-0
Days
84-0
87-4
51-4
69-4
r.2fl
4-97
0-U
4-77
S-flS
10
9
10
8
7
6-78
«-07
14
8-08
8-89
9^9
6-80
13
B-10 13-28
14-80
fr93
9
rain..
W
16
4-10
8-70
M—
Or(i*>hlinvt
095
8-18
0-22
8-81
I'M
8
•
040 90-0 920
^2o 41VO 57-0
740 873 749
KainfalMo
Days rain..
ARK'.N8A8.
U
7
4-47"
9
U
12
1B2
B
"iT
260
8-90
I
I
Uainf.ili.ln
lia}B rain..
QreenvUlf—
HalnlalUIn
...
0-«i
!
82-01 8flB
!tVO; »l-ft
59-3, »l-5
SI 9
8117 11 -81
4
10
V^clabura.-
6
8
8-51
Days ram..
8-06
8
12
I
S-40
10
18
8-80
12
S-80
7-48
8
9
II
V
8-R8
3-36
4
899
8-04
1-66
8
B
9
7
7
flfi-8i
97-5
BO-5
79-9
81)5!
^20
10
4-76
3-80,
8
•
9
I
1-20
B-O"
6
8-IS 11-81
8
8
0-45
9-80
|.
fi5-0,
4110
7«-3l 73-9
2-86
Rainfall.in
Days
Siowit
regard to the rainfall
Days
explains the reason for the con
it
on June
dition of the fields
8
8-99
12
9
17
0-83
4
2-8(1
400
8-00
8-60
8-80
0-45
8
8
9
9
11
8
"if
9
8-68 10-74
8
18
8-24
3-84' 8-08
4-10
4-07
9
8'BO
2-63
l-48{
9
18
9
OM
8
10
S-38
1-69 10-72
S-C2
1-88
2-28
lU
8-62
14
o-at)
8
7-99
14
r«3
IB
9-89
11
4
rain..
8-71
Days rain..
Fort Smith-
6
8
rain..
S-M
8-68
18
B-85
11
I
300
BelfTM-
Da>8
8-11
9-80
10
10
rail)..
Rainfall, In
1st.
872
9-03
18
Uia~
R4>inrall,ln
statement, except that
9
1
Uock.-
Lilllr
Rainfall, lo
There
18
7
B-60
10
I
10-0,
41)8,
I,l)\Vl-.^t,.,.
80-1
31-8
78-fl
Sl-I
I
8-87 10-80
»
Ituinfull.ln
rain..
Kalnfall.in
l.owi'il....
11
trl*
•4«
CWuntfciM.—
Pillf^fiii'. -
Wuhrnt...
4-w'
u
10
s-go
rain..
Days
^r
B
18
tt.l'Uimmtt-'
7
IniU'innl.i.-
UWhi'fl...
I'M. l«M. tSM.
8-l«l
rain.,
Days
HlBlH-st...
I.4»W0aI ..
Av.r.ii:."
Kalnrall.ln
B'i-O
IV'id
&alvf»tou.—
.
mw.
LOUIS'ANA
W0W fMrnn*.
8hrfffiHfrl.~
TK.XAS.
lH»Wl*Ht
INMV UM.|lae4.
ISM.
00 7 flSB
84-1
34-3
U«nk.
'
18
8
13
TKNNKS'K.
lO-S'
4
I
8
IS
10-2S
w
8-70
',
8
Noihmlte.—
March.
.April.
May.
1886. 1888. 1884.
1886. 1888. 1884.
1888. 1888. 1884.
February.
Bainfall.
1884.
VIUOINIA
SoTfiilk.Rainlall.in
Dtiys ruin.
N.
S-79
14
10
2-52
r;i
4-58
18
2-86,
3
0-13
3 04
14
3-16
18
1-92
11
1-08
8
8-32
IB
6-18'
20
I
123
11
380
IB
1
660
U
2-05
6-07
3-26
3-05
2-45
1-40
14
18
8
9
18
9
8-.18,
14
I
.1-70
8
-
2-lt
2-42
8
8
Kiiinfiill.ln
l>:ivs r
,11]
.
8-S6
4-01
a
6
I
7-OB
2-oa
251
18
4
a
1-99
2-11
9
8-53
14
2-01
I
8
Kiltull::,,!.K:Uiir»ll.ili
Dav.H
4-38' B-l-
9
rjiJii.
Cluirliltf Kuiiifall.tn
Duyfl rain..
I
8-76
6
14
4-44
1
10
4-32
IB
4-90
6-43
14
6-39
2-91! 9-19'
4-«u
2-SO
4
9-SB'
9
I
3-48
15
,
9-17
18
6-00
Wll.wn—
Hninf.-ill.in
Davy niin..
12
5-91
Kaliifull.ln
Daya
rain..
4-70
3-81
9
11
3-95
12
4-fi3
12
18
9
8-88
12
2-83
5-40
9
8
6-47
14
4-84
13
5-36
2-Cl
8
4
17
8-12 12-12
11
15
8-76
1-75
2-13,
Days rain..
PaenUt'—
KaiDfail.ln
7
3-61
13
2-.'iB
8
rain..
429
10
7-00
H-03
10
13
2-60
11
4-20
4
b
6-43
12
1-78
4-89
1-19
1-17
3-46
10
13
9
6
12
2-75
9
8-68
3-77,
1-93
115
12
13
2-76
1-21
Days
5-19
l-20i 4-S2
8
2
rain.
8-18
8
9-25
4-50
11
8
Bainfjill.ln
Duya rain..
5
1-46'
7
Alkin.RalDfall.ln
Days
B
10
I
2-201
rain..
3-29
3-97
11
1-00 2-20
B
10
4-61 18-23
12
10
8
3
4-40
1-64
3-53
1-41
9
11
14
8
1-24
7
3-86
11
5-75
246
7-65
3-10
2-19
4-40
7
6
12
6
6
6
SUlUbltrit—
Days
rain..
1-70
B
Atlant^i,—
Raintall.in
Days
3-24
12
4-14
rain..
10
8-98
7-42
1-85
6-97
10
8
10
18
8-84 11-161
11
IB
428
9-70
316
8-11
4-91
13
8
3-49 10-61
,3-42
12-96
3-29
19
10
8tii-amutli.—
Uainfall.ln
Days
3-38
rain..
Coluinbttn.—
Kalnfall.in
Days rain
3-11
3-44
11
9
11
1-87
4-79
3
8
8
9
8-34
3-12
6-71
8
I
MU'gerillf.i-
Kalnfall.in
Days
rain..
56
4
I
7
llalnfall.ln
IJays rain..
forayth.—
Italnfall.ln
•
Days
2-2e
6
rail!.,
2-92
9
B
B
S-33
8-75
8
6
4-87
8-87
7
9
5
8-68
11
1-43
218
2-30
10
3-13
lu
10
I
2-45
7
19
12
8-88
11
S-21
6-18
IB
1-83
4-87
3-98
1-28
8-47
e-80
6-29
10
Kalnrall.ln
9
10
2-06
1-14
I
14
3-78
13
8
13
8
3
253
3-7P 11-93
1-88
1-65
4-93
4-05
1-72
8
8
9
8
B
1-24
2-32
2-81
5
7
8
1-81
0-15
8-58
2
7
0-27' 2-45
2-63
11
9-02
3-40
I
2-115
8
8
6-97
5
B-90
11
8
9
1-87
6-00
2-14
18-33
3-75
4-19
4
8
B
14
B
8
8
1-18
3-B6
II
8-17
4-80
6-60
1-52
18
10
11
4
2-19
7
s-ie
S-IS
4-70
*
6
8
16
Arcltfr—
Kalnfall.in
Days rain..
SanfordKalnfall.in
Dayc
rain..
laUith'i''Srf~
HBlnfall.ir.
Days lain..
7-74
14
1-56
11
12-14
1-60
9-70
8
13
0-84
2-22
5
5-45
10
4-10
5
Mohilr. Kainfall.li
2 15
Days ruin
6
7W(v/l0fw«' Rainfall, ini 8-18
Days
rain..
IMnfall.lr.
Dnys rain.
AutiMm—
(alntall.lr
rain..
Days
|
4-80
2-85
12
2-85
12
8-40
6-48 11-81
8
10
12
4
9
5-73
3-26
6-7»
5
9
7
Btlnut—
6-80
10
8-68
11
8-59
10
rse
8-50
15
;
14-62' 6-.S8 11-53
1
20
10
i
13
3-17
7
9-17
H-IO 2-73
9
10-11
i
I
(-93
12
10
6-63
11
8
4-20
8-03
10
1(1
I
11
1*
3-41 10 07
8
in
I
9
8
8-86
10
5-24
8-95
I
S-62
12
I
B
9-78
4-72
10
7
3-08
13
2-SO
8-02
13
1-18
13
6-84
11
1-27
3-27
11
8-4S
12
6-91
1-lS
6
5-19
9
11
5
9-90
4-13
127
6
8
11
4
10
2-97
11
7-44, U-61
S'SS
6
8-60
>8
8-60
6-00
8-48
2-10,
2-84
8
7
18
2-88
11
4-86
1-87
8-20
2-88
9
10
14
10
2-55
13
',
6
10
6
I
8-90
11
I
3-S8
U
7
4-78^ 8-47
6
1
I
S
Days
2-04
8
7
3-29
1-69
—
Uainfall.ln
7
10
3-95
8-02
rain..
0-89;
3-19
3-17
4-12
5-55
9
12
4-R4
13
2-lB
"1
S
B
7
3-16
12
1-96
1-91
(yso
1-98
IS
10
10
6-19
10
2-25
8-62i
2-75
8-14
rso
o-io
10
16
15
I
S-4t
4-67
1-08
8
10
8
10
0-04
9
Patentine—
Kalnfall.in
Days
2-47
13
T9*
9
19
8
9
6
11
11
"
1-44
0-8;
0-27'
1-49
1-86
0-84
7
7
8
e
1-75
1-01
3-31
2-82
8-26
2-88
6-41
3-64
8
908
S-29
B
13
14
8
10
15
13
18
ft
2-13
0-78
3-91
2-22
4-43
6-04
4-71
T78I
7
4
B
8
8
9
13
rain..
rain..
—
Days rain..
Aiutin—
lialnfull.ln
rain..
10
8-97
4-62
11
fort Elliot—
Kalnfall.in
6-41, 8-42^
;
Days
412'
8
8
6-08'17-9»
7-88
0-00
8-40
12
li
\r
f Inappreolable.
%
observer
sick.
COKCLCSION8.
They may be briefly stated as
As affecting acreage,
First
'
14
—
follows
it
is
:
well
tc
remember
under which
Perhaps
this crop has been planted are quite peculiar.
these is the very
low
the
most prominent
of
in addition to the foregoing, that the conditions
which the planter has received for the last crop,
other things being equal, his financial ability
would be less than any previous spring for a long time.
But to qualify that conclusion, we have the imptortant
fact that every State secured a better yield in 1S85 than
Thus, for
it did in either of the two previous years.
so
that
instance,
Georgia raised about 15 per cent more cotton in
about 14 per cent more in
1884 than in 1883, which represents
been alike in
all
(if
had
the quality
years) a large margin against loss
par-
;
;
8-07
401 8 03
8-<W
11
8-00
12
crop was in 1884 only 990,000 bales, whereas in 1835
«
;
2-11
II
8-88
IB
12
baps we might say affords the assurance of profit though it
may be a small one. Or, take Texas for illustration iU
3-40
8
I
2-10
14
4-88'
12
1885 than in 1884, added to
3-481
ALADA.MA.
Afonfflt.m'u.Kairifall.-n
Days rain..
16
16
8-10
15,
price
8
7-79
12
11
8-31
Days rain..
Indiaiiola.
11
1-23
566
12
B
FLoniDA.
1-87
8-27
18
8-70
I
,16
this report.
JackmnvUhlialhfall.in
Days rain..
Ceiinr KfynRainfttll.ln
Days rain..
12
8-06
8-031 8-13
1-311 5-86
3
14
8
rain..
11
4-46
20
5-08
The foregoing facts furnish sufficient data from which
to draw intelligent conclusions upon the points c:>Tered bj
1-20
10
4-79
20
7-80
351
8'88
16
I
5
3-57 10-55
2
13
3-83
5
S
16
3-00' 3-07
TEXAS.
OEOHGIA.
Uainfall.ln
7
8-40
9-84
4-78' S-88
Qatveatim.—
Au^uata.—
Days
27
1-88
8
8-18
Clebunie
2-75
Columhiil—
Kainiutl.iu
2-89
Uainiall.ln
Days rain..
Austin—
Kainfall.li.
Charleston^
Days
HalnfalMn 6-43
Days ruiu.. 10
Days
8.CAnOLA
Huinfall.in
13
UetnuttU.—
Rainfall.ln
Wilininal'i..l<»IMlal
Diivs
13
8-00
Athwood—
4-a3
CAK-NA
irfi,i,,^i.
8-88
Uainfall.ln
Days rain
6
•rU'ures pni.r to February, 1886. are tor .-iiartanbarir.
t Flgnrea (or 1884
ar6 fur oruone Springs.
s Figures fur 1884 are for Macoa
With such a change
in
the crops
were
sold,
affords
one
which
production,
readily sees that the simple comparison of prices at
financial result.
was
over
1,310,000 bales, or an increase of
probably about
30 per cent.
it
no measure of the year's
Furthermore, for 1884 and 1835
crops in the South were larger than usual. Hence,
it
food
seems
to be a reasonable conclusion that the ability of the people
praise cotton was not greatly shortened through
last
year's
;
THE CHRONICLE.
718
other class of the world's workers,
differ
last spring.
But the backward state of the plant, in
South Carolina and Georgia particularly, makes the record
resources;
in
many, perhaps a large majority of them, work under
debt, and depend upon advances for their supplies and
To all such the extreme caution which prevails
cash.
business
in
circles
now,
of the early cultivation there this
(3)
makes
it
;
Condition
of
what has been
and as prospects as to future
price are not encouraging, borrowing for crop extension
finds no favor at all; so that prudence is generally vol-
tion
year
less of a feature
than usual, more depending upon future development.
a great hindrance to cultiva-
is
XUI.
month
planters, like every
But on the otHer hand,
operations.
[YOL.
credit poor,
last
the
may
plant, as
was on June
be gathered from
Ist less favorable
than
year in the Atlantic States, with the exception of
said,
North Carolina and also in Alabama; it is not unpromising, but more dependent than a year ago on future growth.
We should add, however (what has been more fully said
untary, but where it is lacking it is thus enforced.
We recall these influences as essentially confirming the previously), that where the plant had started well we con.
The average
made up with
results of our investigations respecting acreage.
sider
is a sUght increase over last year, but
the doubt being with reference to the late planted and
is
it
one exception of slight changes, being a small loss in the
Atlantic States and Alabama, and a small increase in the
other States, excepting Texas, which records a large in-
The average
crease.
the last crop
quality of
bly poorer than usual in
Georgia, which
made
to the planters of the State less favorable than
have been but aside from
where the land is so largely
;
the result
it
ought
the Atlantic
in
that,
was proba-
when
fertilized
to
States
that portion
are
a fruit-bearer very satisfactory
as
which was so slow
of the cold.
As
already said
and development
is
in
to
germinating on account
therefore, the
more important
this year
June weather
than
ts
often
the case.
For the purpose of enabling the reader the more readily
compare the early weather conditions with previous
seasons, we have prepared the following:
to
1884.
In most of the other States, where
chief influence.
in general crops
condition
cultivated, the
natural tendency of the times to incur less debt has had
its
its
not so diversified, and where there
was late, but in the Atlantic States no more backward
than a year ago. Early progress was, howerer, slow everywhere, and cold weather made re-planting necessary in many
Still, the surroundings the flrst of June were better
cases.
than a year ago in the Atlantic States and in Alabama but in
the remainder of the Gulf States and In the Mississippi Valley
both rains and floods prevented work, and over a considerable
area made replanting necessary. Since the last week in May
the Sputhweetern conditions have Improved, and opened up
the possibilities of a good season there; but drought would
prove a severe trial in those sections.
Planting began somewhat later than In the previous season, but
progressed rapidly. In many sections the early development
was rather elow, but in general the seed came up well, and
until the latter part of May made very satisfactory growth.
At that date the fields were clean and well cultivated; but about
that time heavy rains set In and stopped work; and though
June opene 1 with an improvement in this partloular, yet in
very many sections June was rainy.
Farm work opened late in 1886,- later than in 1885. And after
it began, the development of the plant was as a rule (on account
of cold and rain) slow In all States except in Texas, Tennessee,
Arkansas and North Carolina, where it did about as weU aa
last year or better; dry weather, however, in May in Texas,
and to a lees extent in other States, caused anxiety. For these
various reasons the iilant was in general mord backward than
In 1885 on the flrst of June, but since then there has been
decided improvement, the States named being reported now in
good condition and aU the others much more promising.
Spring
;
is
less
with
connected
expense
seem to keep on enlarging cotton-planting
course exceptional
acreage of
;
Texas
;
kinds
all
and for well known reasons.
there,
planters
cultivation,
is
of
is
increasing
The changes
in cotton
acreage in each State this year are as below.
1885.
Estimated for 1886.
Acreage,
1885.
States.
Acres,
Deereate,
Inereate.
gouth Carolina
Georgia
Florida
Alabama
Louisiana
Texas
Arkansas
Tennessee
Otber States
931,000
103,000
& Ters.*
1,082,000
1,670,000
3,006,000
281,000
2,924,000
2,615,000
1,015,000
4,011,000
1,314,000
2 per cent.
2 per cent.
2 per cent.
2,564,000; 2
995,00f 2
3,6eo,oor 9
1,305,000 3
Mississippi
1886.
1 per cent.
1,093,000
1,704,000
3,067,000
284,000
2,984,000
Nortli Carolina
1
i)er cent.
per
per
per
per
cent.
cent.
cent.
910,000
103,000
cent.
18,991,000
18,710,000 l-52peroent
Total.
1886.
With such
early conditions, the stand and later history
•The area under cotton in the Indian Territory has been increased
this year,but in the "Other States," which produce little cotton, there has
been a decrease; altogether the amount is small and we leave the figures
of each year
may be
unchauged.
Fear.
Stand.
July
— With
regard to the maturity, cultivation and
Second
lows
Sept. to Dec.
Tear's results.
excellent
in Atlantic and excessive erally
for gathering In
States but temperature
Decreased crop,
fairly Rood Texas all sum- the crop.
Same Killing fi-ost Nov. 1
elsewhere.
e r.
18-3 per cent.
E X e essive conditions to Dec. 1.
June rains elsewhere only Picking closed
iu Atlantic iu most cases about Nov. 15 to
Increas'd acreage
States and less prolong'd. Dec. 5.
some other
5'18 per cent.
sections.
m
m
:
As
(1)
to
Maturity,
it
may be
said in general that the
1883.
late, the planting late and the weather up
June
not favorable to germination or rapid
to the
development, and replanting has consequently been more
spring has been
of
first
more decidedly
its entirety
gen Picking seas'n very Yield 5,669,021.
favorable every
wh'rc and the crop
Drouxht and secured in good
high tempera- oondition.
Deereised crop,
ture in July &
Aug. worspi in Killing frost Oct.23 0-79 percent,
Tex's and Gulf to Nov. 30.
Crop J'ly
Stand fairly
good in Atlantic Sfes
but poor iu
widely necessary than a year ago. This statement applies in
Carolina,
to the Atlantic States, except
and
Mississippi,
and largely to Alabama, a
still less
to
Louisiana.
less
little
The other
to
1884.
States
was broken soon
after the
first
of June;
States,
Jime, eape-
likely
birt
cially on prevalent
ia
Picking closed
I
the Atlan- portions of all about Nov. 10 to
States, though Deo. 10.
tic.
not so prol'ged
Increas'd acreage
!
2-21 percent.
j
I
The
excessive
gen-|
erally good; rains last of
a y a'ld in
in all sections up toi June made the
Stand
reasons stated in our remarks above about last year's crop;
beside?, it
Valley and
Gulf. Cold!
and rainy
have made up for the late start had it
We do not, hownot been for the dry weather in May.
ever, look upon the May drought as a bad feature, for the
would most
1
erally gr'ssy &
cundit'u poor.
Mississippi
North
tk
to Sept.
Stand poor Great drought Pickingseason een Yield, 5.714,052.
conclusions reached are as fol-
condition of the plant, the
briefly stated as follows.
M
and as
consequence the plant in Texas, Arkansas and Tennessee
about the
plant grow
The picking season
was, on the whole,
Yield. 6,52.i,0C0
estimated.
veryfavorable, the
luxuriantly, so the crop being sethat the outof
Then rains look the latter cured in good oon- Increased orop
set in, andj part of July dition.
15'1 per cent.
for
with some
iuterrup-' good yield. A Killing frost Oct.
latter part
now, we judge, in
is
But
for
fine condition, fairly well
we must
refer the reader to the above.
(2)
up
Cultivation has been carried on better than last year
to the first of
June except
in the Atlantic
States
;
it
be remembered that the rains the last half of May in
1885 put the crop in grass badly at the close of thai
will
May.
advanced.
the details with regard to each State
1885.
was
tlon were drought
excessive August over a 22
during:
June.
c o n s 1 derable
to Dec. 5.
Picking closed
section show'd
that the plant about
bad little en-
durance.
25.
Dec.
5 to Jn«r««»'d acreage
4-91 per cent.
June
:
;
...
:
.
THE CHRONICLE
18, 188ft.f,
719
The trade morement muat have bean
BATES OF EXCHANOE AT LONDON AND ON LONDON
AT LATEST DATES.
MZOHA.K0M AT tOSDOJf-May 27.
Onr-
MXaOAjrOM OK LOU DON.
Tim*.
May
3 moe. 123
•I2'3>4
Amsbtnlam. Short. 12 lis «12'2>«
HuuburK.. 3 mo8 20-51 •20-ft7
Berlin.
2064
Frankfort...
Vienna.
Trieste
20-S4 «20-S7
12-62>«i»12-83
12-82>«»12'85
25-40 925-45
Antwerp
..
.
»2057
St. Petersb'K
23aa»23>4
Paris
Short. 25-23^ »25-28%
Parle
3mo8, 25-35 a'25-40
Genoa
«»«•
DaU.
Amstnrdain
Madrid
2S'47>sa25-52>t
457g»4S«s
Cadiz
Llebon
457ga45 3g
52n,g«9^»,g
2-
material falling off in reaonrcea, the reaerf e being £7,880,000
Short
12-08
Miiy 27 Short.
May 27
May 27
20-44
80-44
30-44
.May 27
1268
May 27
Short.
May
3mos.
Short
27!
23l»„
May 27 3mo8.
46-50
May 27
Constaut'ple
Bombay
Dem'd
New
3 mos,
.May 2« Tel. t'rg
la. 5>*d.
18. 5>9d.
May
May
Mar
May
York...
HonK Kong.
SlianKbal....
11012
1». 57i«d.
la. SiBgad.
28
28 80 days
28 4moa.
29
4-87Ja
3r. Slid.
4a. 7i4d.
[From oar own oorrespondent.j
London, Saturday, May 20, 1886.
WhateTer yariation has occurred in the commercial position
during the week has certainly been in the nature of improvement. From the leading manufacturing centres more hopeful
accoimts are coming forward.
Even the iron trade at
isolated
momenta
exhibits
symptoms
of returning vitality,
even if no real development of business can be recorded. In
wool there is more distinct progress, due mainly to the re-commencement of the demand on Continental account, whilst
from the cotton centres advices are gradually becoming more
encouraging. The level of prices certainly is stiU unfortunately below the prices current last year, which were
then considered to spell bankruptcy but the slight rift in the
cloud seems to afford promise of a brighter prospect, which is
accepted as the dawn of a better state of affahrs.
That these optimist views are gradually extending, is abundantly clear from the quiet absorption lately going on of the
stocks of those railways chiefly connected with the main
arteries of trade.
Since the commencement of the year the
loss of traflic on these systems has been so heavy as to represent in the aggregate a serious item, which must prejudice the
forthcoming dividend announcements, even after allowing for
;
possible savings in expenditure.
The
fact,
that
therefore,
these purchases are being carried on in the face of the certainty of reduced dividends, can only be taken to mean that
the belief in the early improvement in trade is genuine,
notwithstanding the drag of
ever,
singular
that
reports
home
politics.
It
how-
is,
an
extension of trade
should not receive practical confirmation from an increase
in the demand for money.
This corroboration is not
presented. Indeed, the reverse is the case. The inquiry
of
and the stock of bullion £7,160,000 leaa.
The rates for money have been aa followi
Ot*n martut raUt.
BwikBUif.
iMMon
tnUrut mlhwM
Tnd4BUI§.
DItcHtrm
Joint
TkrM
Knur
aim
TkrM JVur
MoiUkj U<mthtlMontlu'lt<mt)u\M»nUk,
25-2t»
Alexandria
Calcutta
Pr{rat« dcpoaito
slight.
have Increaaed £480,200, but other lecuritlee are £313,248 1««,
and there leafailing off of £718,110 in public depoaits. Tha
loM in reeerre ia £79,610 and the proportion to liaUtitlea ia
slightly better than last week, namely 87-48 againat 87-88 per
oent.
A year ago the Bank rate waa radooed from 2>{ to S
per cent. Compared with theie, the preaent portion aho»ri a
2A
—
,
Of.
Iti-IM
IW-tM
1
»n» -,aN«a ,8 asxa man
«<» »M9 -;«i«aM,SMS3
SM8M
-,
!«« -, IMS - IMSIHS aa » 93 a 98
19«»
iH» - iwa - a as z aa * 93
J,J
Tl«u
Oau.
I
-
M
"
MonUu
tM*lH
«!4«-
Apr. S3
" 80
Mar T
" 14
iU
mock
ate
t -•
( -I
m
m
The following return shows the poaition of the Bank ot
England, the Bank rate of discount, the price of oonaols, the
price of middling upland cotton and wheat, and the Bankers'
Clearing House return, compared with the three previona
years:
CtroQlatlon,
excluding 7dar and
other bills
Pnbllo deposits
Other deposits
OoTemment
188S.
1884.
£
£
«
24,434,110
secortties
other securities
Reserve of notes and coin
Coin and bullion
Reserve to liabilities
Bank
1886.
84,888,880 88,888.800
T,U0.O8R
0,OW,«4O
7,888003
9T.«81.0Be
88.iaO,6B4
«i,017,aa8
14,S83,4(I«
14.0»7,184
U,880,8T7
si.sio.sae
iio,8aK,aes
81418388 8S,aae,m7
10,988,0M
18,868,618
1S.I»8,016
18,673, 104
87-43 p. c.
86,841,880
86488.866 80,487,8U
48 p.c 8BMP.0.
4p.a.
8XP.0.
vat.
lOlMd.
51HP.0.
3 P.O.
The Bank
8 P.O.
100«d.
101 lS-16d.
.
»s.
10,788,771
4d.
4 Il-I6d.
88f.0d.
48a. 7d.
6 u-iea.
5J«d.
85<d.
8Hd.
»!<d.
»W.
86.109.000
75.646,000
.
rate of discount
SCs. lOd.
tOd.
95.480,000 188.088,000
and open market
now and for
chief Continental cities
8B,IHft.04ff
e,M4.8S7
S2.«ia.ei2
rate
Consols
English wbeat, average price.
Middling Upland cotton
No. 40 mule twist
Clearing-House return
18881
rates at the
the previous three week a
have been as follows:
May 87.
Matt.
13
Bank Opm Bonk Opm Bonk Opm
SaU. Mark€t. BaU. Market Bats. Market
IH
t«
Hamburg
3
3
a
8
Amsterdam-...
aa
Pari*
Berlin
Frankfort.
4
3t Petersbnrg.
5
3
m
l«
8
1«
««
4
3
4
1«
3
1«
1«
8M
4
4
4
*H
5
3«
Copenhagen.
Messrs, Pixley
~8
8
8
Madrid
Vienna
bullion
May
ifav80.
Bataof
InUrutat
& Abell
*H
3«
Bonk
OpM
Bate.
MariMt
8
8
3
8
IM
~h'
l«
8
m
s
8
in
>H
IM
4
SM
4
4
4
4
4
5
SH
*H
4
IM
154
8M
a
3
4
4M
8W
ft
8)4
write as follows on the state of tha
market
for money is falling oflf and rates are declining. Whilst the
Gold.— The whole of the arrivals during the week have been sent Into
Bank of England rate of discount is 3 per cent, the open the Bank, the auioimt ss disposed of beine *161,000. Ou the other
hand. Sovereigns to the Tiilue of £195,0i
have boeu withdrawn from
market quotation is very little more than one- half that figure, the Bank, fur transmis.sion to Llslion and South America. The sums to
River
Plate. *39,0O0 from the Gaat,
comprise *28,000 from tlie
and the demand for loans is almost nil. It is also noteworthy, hand
£06,000 from Central Aimrlca and £.'i,000from the Cape. Total, £138,as pointing the peculiarity of the present position, that the
of England directors seem in no hurry to augment their
Bank
and from this it may be inferred that in influno rapid extension of business is contemplated,
The speculative fever is certainly far from violent
in fact, it is mostly conspicuous from its absence
but
although so far it has been mainly confined to the Stock
Exchange circles, it may at any moment break out in other
quarters and lead to speedy unsettlement of the money
market. Under the circumstances a banking reserve of
rather less than £11,000,000, and a stock of bullion falling
resources,
ential
quarters
;
short of £20,000,000, cannot be accepted as indicating strength.
The more so because we hear of a variety of financial arrange-
000. riie Elbe ha.^ t ikon £.51,000 to Lisbon.
Silver.— With u rapid rise In the Indian Exchangee, and with Continental orders in the market, sliver has Improved to l.'i'sd. The only
arrivals arc £5.000 from .Australia and £40,000 from New York. The
P. A 0. steamer ha.s taken £'2 ^,000 to the Bast.
Mexican Dollari<.— Little business has been doing daring the week,
in the al)sence of Hiipplic!', but the demand Is deoidedly brisker, and we
give the lu!it quotatiuu of 44 ^Hd. per oz. aa purely nominal.
The quotations
for bullion are reported as follows:
SOLD.
8II.VKR.
London Standard.
Jfni/87.
s.
d.
Bar gold. One
oi. T7 8
Bar gold, contaln'g
80 dwts. sUrer.os. 77 ,0
Span, doubloons.oi.
3.Am.doubloons.os
.
May
90.
1
.Standard.
'
i.
s.
n
iMdon
i
9
77 to
Barsllrm
.os.
Bar BllTer.eoDtAlnIog8grs.gold..os.
Oak* slim
...o«.
i(azte«adols...ot.
May
87.
MayM.
d.
*•
*SH
49
4SM
4SM
40 1-16 48M
44M
44H
ments and re-arrangements being on the topis which may
The following return on the silver coinage hn just been
suggest some irregularity in bullion movements. But so far presented to the House of Commons by Mr. C. W. Fremantl**,
no indications of any such disturbance can be discovered. the Depu'y Master of the Mint. It will be noticed that during
Apparently present balances are sufficient to carry on the the perio<l mentioned silver has been depreciated to the extent
trade of the country.
of lOi^d. per ounce.
The actual business transacted in money during the week
was very moderate, and there were liberal supplies offering.
The Bank of England weekly return contains no item likely
to exercise any appreciable influence on the value of money.
Return of the totti amount of silver coined in England daring each year from 1873 to 188), and the average prices paid
by the Mint authorities each year in the market for the ailTer
80 converted into coin.
:
THE CHRONICLE.
720
[Vol. XLII.
1884 85,
1885-86.
2
»
a
.
.
rear
rea»-
o|.s
Sales of
1^"
£
1873 t,081,fi74
1874 f.80,604
187P 594.000
i8-;6
2'i2,354
1877
1878
420,948
613,998
Pence.
581316 1879
6678
561 ;«
501 1(1
&
Pence,
1885
720,9is
488
Tot..
8,994,H42
.Vv..
691,919
Pence.
s.
549,054
1880 761,508
997,128
1881
1882 209,880
1883 1,274,328
1884 658,518
52%
511i>i,
6IJ2
."034
home-grown. .33,860,62)
Total
1
««>2-83.
77,731,107
83,316,187
94, 717,185-
82,13.5,-;i4
The following statement shows the extent of the sales of
home-grown wheat, barley and oats in the principal market
of England and Wales during the first thirty-eight weeks of
the season, together with the average prices realized, com-
533i6
pared with the previous season
Note.— Dining pncli year worn Bilver coin withdrawn from circula
is purcliased from llie publio at its nominal value, and re-eoiueil.
Tlie aver^ige amount tbus witlidrawn durinc the period from 1873 to
1883 was £i8ri,7i'3 a year, and the average annual loss on its recolnage, provided tor by a vote of Parliament, £34,7o8.
1835-86.
5012
1883-81.
37,2HB.012 38.07,S,40> 47.3i4,474.
li.720.151 11,2^3.751 13,015.211
33,330,021 33,073,4Si 3l,467,8i>0
Imports of wheat, c^wt.33.8-8,232
Imports of flour
9,952,246
»«
:
1383-81.
1884-85.
tion
The Bank
of
England
will receive tenders for £1,691,000
Treasury bills on June 2d. This is £500,000 less than the
sum maturing. In December last £1,166,000 was issued in
six month's bills at an average of £3 9s. 3d., and in Mirch last
£1,035,000 in three months bills at an average of £1 133 48d.
per cent.
The tenders for £1,350,000 Metropolitan Board of Works 3
per cent Consolidated Stock amounted to £5,683,400 at prices
ranging from £100 to £98 (the minimum); tenders at £99 10s.
will receive about 26 per cent of the amount applied for>
those above that price being allotted in full; the average
price obtained for the stock was £99 133. 2 J. per cent.
Messrs. C. De Murietta & Co. have introduced a loan for
£800,000 in 6 ppr cent bonds at 91J^ for the Province of Eotre
Eios, in the Argentine Republic.
Sales.
may
be mentioned a Buenos Ayres loan
for £3,500,000, to be brought out later in the year under German auspices, and a Servian loan for £600,000, of which at
present no particulars have transpired.
dull market for grain has been the characteristic of the
week. A decline of 6d. and occasionally Is. per qr. has been
far from uncommon in the value of wheat. Apart from the
influence of the fine weather, the market has had to contend
with the sudden accession of rather heavy foreign importations, those into the United Kingdom for the week ended
May 23 being 1,098,300 cwts. or about 400,000 cwts. more than
in the previous week. Recently the market has been deriving
a certain amount of steadiness from the linnited extent of
foreign receipts, but should they now expand, this strengthening influence will not only be lost but the dulness incidental
to fine weather for the crops will be accentuated. The trade
has certainly not been so Etrong this week as it was last.
The sharp fall advised from New York and reports of
further
heavy shipments have confirmed buyers in
limiting their operations as much as possible.
Millers
seem to retain the advantage of the position, the gains
secured by holders being more or less of an intangible and
ephemeral character. The steady reduction in stocks, and the
close approximation of the American visible supply to that of
last year, would, one would have thought, resulted in a near
assimilation of averages as regards values. But the hardening
process is very gradual. During the month of May the
weekly average has certainly risen about la. 3d. per quarter,
but the actual result for the season is a difference of 2s. 7d.
per quarter in favor of 1881-85. Farmers cannot therefore
have much to congratulate themselves upon, particularly as a
A
precisely similar difference
is
shown
in the average of barley,
and oats are Is. 2d. per quarter lower.
The following return shows the extent
cereal
produce into the United
thirty-eight
6
l».
33
2,8)8,557 31
the
first
weeks of the season.
1885-8R.
owt. 38,860,629
sPheat
Wlieat
Barlej
Oats
Peaa
Beans.
Indian oom
.0-wt.
1884-5.
188H-4.
Z3,»^S,232
8,570,066
7,147,8ta
1,491,130
37,2-i«,012
38.078,405
12.211,796
12,751,69)
8,9:il,35l
l.Sgii.iMl
8,3'i0,').i3
1882-3
47.231,474
13,414,109
10,610,^.
(exclusive of stocks on September
1)
305.777 38 11
1
l.-^-iH,?!!
1,9 '7,7 (8
0"
1883-84.
1884-85.
33,33l),t2t
33,073,48S
At present.
Lafit weefc.
qrs. 1,005,000
WTieat
2J7,000
Plour,equal to qrs
1,970,000
Last year.
2.8-i9,000
211.000
233.000
2 U.OOO
411.000
Maize
qrs.
211,000
Easllsb Flaancial
The
Cable.
.Tliirset*— (*er
week ending June 11;
London.
Sat.
Mon.
Tues.
44%
4413,
44 's
&
67
67%
gS'JR
93 '8
27%
140%
54%
2T68
140%
11%
im
,54lfl
IO5I4
lOl^fs
10514
67 14
94=8
27%
140%
oommon
f'hlladelphta
I009lfl
54 14
Reading
York Central
(jDaramevcial audi
imi
Thurs.
Wed.
ifa
44 ^8
1009i6 1001 iia
44''8
lOOK-o
1005s
1006s
83 071s 83-15
113% 113*1
1283b 12^38
1009,„
10 1=8
32-85
11S58
12838
stook
lltnols Central
^Bttusylvania
•^ftw
247,00(>
daily closing quotations for securities, &c,, at Low^op,
Mlver, per ob
d
Jonaols formoney..
Consols for aoooant
Pr'oh rentes (in Paris) f r
0. 9. 4'a8 0f 1891
0.8. 48 of 1907
Canadian Paoiflo
Ohio. Mil. & St. Paul....
'Crle.
1884.
1,913.00*
2 23,000
l-00«,s
100%
100%
I'JOSs
b2-,-17ia 8
113%
83-12ia
113>3
-•10
il338
12S38
6718
128 -38
67 '4
9434
2818
I4i)%
5II9
III2
110558
xl27?»
6734
9519
91%
28%
2Sl8
110%
141
54%
53%
11%
10.'.%
1
12
lOBOg
^liSccUaueaus 3|.cuj»
Bonds Held by National Banks.
—The following interest-
ing statement, furnished by the Comptroller of the Currency
shows the amount of each class of bonds held against nationa
bank circulation and to secure public moneys in national bank
on June 1. We gave the statement for May 1
Chronicle of May 8, page 566, and by referring to thajt
depositories
in
made during
the changes
U. S.
Deseriptlon of Bonds.
month can be
the
Bonds Held June
Total.
1886.
1,
to
Bank
Public Deposits
in Banks.
38, Act July 12, 1882....
Currency 68
414 per cents
4 per cents
seen.
Secure-
Total Held.
Circulation.
$8,155,000
120,000
2,397,000
8,188,000
$111,759,750
3,385,000
50,011,750
114,3 0,900
$119.914,75»>
3,685.000
52,408,730
12 2,33 ',900
$18,860,000
$279,537,400
$298,397,400
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
May and
for the five
months
of 1888
:
Month of May. 1888.
t'lve
Months of 1836.
Venominatio n.
Val'ie.
Pieces.
Yalne.
Pieces.
620
31
Double eagles..
1.50,1180
Eagles
Half eaijles
38.-,2o0
1,500,8011
589,617
5.896,470
1,926,000
2,072. 3h2
47
4,0 il
10,i)61,960
.
Dollars
Total gold
Standard dollars..
Half dollars
Quarter dollars
204
335,280
3.428,s00
2,666,36j
lt),209,l97
2,600,000
2,600,000
13,000,380
13,000,3i3O
Dimt-s
Total silver.
141
10,102
201
2,600,000
2,600,000
3!0
360
180
6"i6,135
65,61S
13,'i57,513
13,066,273
1.3-4
1,371
1,374
69
90
19
1,225,30
2,.!89.O09
1,«0»,4'9
2,396,12i
21,(97,573 19,321,617 19,219,335 14,S7-<,813
Kour
9,982,216 1^,720,151 11,283.751 13.015,211
Supplies available for consumption in thirty-eight weeke
»
•;,
The quantity of wheat, flour and maize alloat to the
United Kingdom is shown ia tha foUowiag statemsnt:
. .
188?-6.
1
Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
Quarter eagles
Kingdom during
Prii»
« 3.014.150 32
3
3 24,103 --'0
379,327 20
riiree dollars...
of the imports of
Av'ift
Sales.
ri.
2,32.^,Rf.2
Ol
are reported by cable as follows for the
of the Dutch 4 par cents into 3}^ per cent stock, which is to
be carried through with the assistance of Messrs. Rothschild.
Negotiations are also said to be revived between the Russian
Government and German financial houses for the conversion
of the existing debt into a 4 per cent stock, the arrangements
to include an immediate issue of £.50,000,000 of the new stock.
other items
d.\
2,360.654 30
2.813,172 29
345,38.: 19
Wheat, qrs
Bailey
Data
Av'ye
Price
Sales.
Price
».
Various other financial arrangements are understood to be
under consideration. The most prominent is the conversion
Amongst
A.v'ge
Five cents..
Three cents.
Due cent
124
4,122
Total minor
Total coinage...
41
14
3.135.2^0
'
6.'I2K.8I0
I
1-1.3 27.9
>rt
I
29.^35.894.
:
.
Jdne
.
1
THE OHRONFCLE.
18, 1886.1
Chaxoes in Lkoai, TKVDERa AND National Bank Notrs to
Junt> 1.— The CoiiiptroUor of the Currwicy hiui furnwhtxi
ua
the followiiiK. showiiij? the amounts of niitii)rml l.iink iioten
May 1, toKother with the ainoiintJi outataniiinj; June 1. and
the increase or decreatio durinK the month; aim) the (-hansea
in legal tenders held for the redemption of baulc notes no
*^ to
Juno
1
>re»i Britain ......
ieriuanr
lnMiii'it iliirinf;
rotlivd
1886.
$313,812,584
Miiy
*^78,ot.^
Muy
(liirliix
2,310,374
Amount oiitstaudmg Junel,lS86*.
Legal
.
S,3i7,'J83
12.072
13.100
520,510
vllothisroouiitrlea.
T«i«l 1S86...
Total 18H8...
Total 1884...
$311,M0.34»
.
1.877,7X9
on
noto.'i
Vfay
Aiiiiiiint
ilcpoolt to rodt^cin national
1,
18S
diirlui^
& b'uk
May
notes
9:^8,220,043
...".'!!"
rotlr'.l In
9.%.n42.94^
May
2,510,374
8,012,871
Aninnnt on dppoolt to redeem national
bank notns Jnni- 1. 1«RH
Srt;.2.\2,eit
643
»142'2
Zi.OM
March
Feb. 1.
Insolvent bk«
S.">0.20G
1.
79^,0fif,
April
1.
ifai/
874,036
June
1.
87,5i8.08.->
4.i2,25u
•143,700 •4,6a(.5e4
1N8.T77
France
tarman
...
38.2.50
86,1103
Test Imlles
1.
917,922
418,019
63.053
208,777
3,108
1,'483
other noon trie*.
4,400
88,
Un
if>
Total 188S.
Total 1888.
•148.100 «.5,n82,312
•29,145
•713.M7
35:: 812
7.1«-2.I8l
4I.I5«
7H8.H70
Tnf.Hl t<<<J4
2.52. 03
iI.no:i,2)<8
5«.78 S
1,77A,2»6
Of the aoovo iiapori.i tor trie wee* in llina. fS,189
American gold coin and $30,893 American silver coin. Of tha
exports during the same time #35,172 were American
cold
___^
>1
wmt
United States Snb-Treasnry.— The following table show
the receipts *nd payments at the .Sub-Treasury in this
city, 4
well as thP balances in the same, for each day of the
past week
Unlanref.
98 ,026
Dttlt.
Payments.
lieeeiptt.
June
of Jiuia20, 1871, iiiiiljiily 12, lS:i2.
National Bi^SKS.— The following national banks have lately
Total
Coin.
'Coin Cert's.
Ourrtneg.
l.la3.43l I29.32ri,475 BO.OeM.aio!
1,9)5,061 129 11)1.102 •61,2i>',3'i0
1,015.735 129. 137,5<7 Ul,:^^^,(l o!
1..5H3,9.a 12».!H-.«7.>| 6l.387.7r;o
1,3 11.977 lini9f!,0Sl' 61,357.100'
1.507,971 1129, 163.127 61,422,.300!
'40,599,431151. 6 tH,98l 36,488,178'.'>8,220,043 «i.2.')2.<n4
been orcan i zed
S,505-Thc K.mlon NaMon.'tl Bank, Kenton, Olito. C.ipltal, $50 0:0
L«'s»n. Pi-iwiderit; rurtM Wilk;n, Cashier.
o «/u> _,*""'''
3,500-ThH
lir.st .Nitio ml
27.237
louth Anicrloa
~i
IJqiiirriV litis n.SSG.i.i? 11,148,232 11,453,8-29 ll,080,3,'i9 10,80.
',6«3
Keduc'tt unii'r
act of 1871*,31,152,9S8'30,753,.'iS6 14,158,313 46,211,762 49.401.925
_i.
Total
«r«atMritam
VII
According to the alxive, the amount of lefpil tenders on
deposit June 1 with the Treasurer of the United States to redeem national bank notes was $61,2")3,614. Tlie portion of this
deposit made (1) by lianks becoming insolvent, (2) by banks
gomg mto vohintary liquidation, and (3) by banks reducing or
retiring their circulation, was as follows on the first of
each of
the last live months:
by—
l.FOO
•3,10.1.880 »2n,oro,?o7
7,O(i0
6.0 Id] in
iIhzIoo
•Circulation of national koUI banks, not included above, .?328,049,
Deposits
4,-.0H
atlver.
i
<ll>Il(l^il(>(I
Aiiiouut rB-iasmil
bank
7.101
3i>4,7U8
Teiitter Ifolet—
AiniMiiit
•Act
., ..
<outh Amnrloa
2,032.336
IUnt*Jan.l.
•803,470
'•'rano*
li'Xt'-O
1,
WmM.
nine* Jan.
yalioHOi
Amouut
tmpan».
00(4.
Vm( tndiM
Bank HoluAmoiuit oiirtirnDiIlnfr Hnr
721
mxrown tMo tmromn or araoia at aaw roa*.
:
Amomil.
:
.
.1
S.ofia.Odrtl
14 003
548
I.i02-i271
15,147.927
14.561 460
14 512034
I4.357;8^
8.^.58.119
'
B ink of C'DMloann, rex
•!•"'"'» ''"'•'ft.V.
^KAT n-,""^'
3,507—
The Produce
NiitinniU
Win. V.
<
Uomtoa,
astikT.
First y.itinnal
3,508— The
n Ciipltm .flOOII Allyn, Casliinr.
of Pliiladil;)hta. Pa. ijapltiil. .« '01 Jr., Presldeut; Thaddeus N. Yates.
'
President; Charles
Bank
Bank of DpH Rapids. Dakota.
J- A. C«Kil.-y,
«..,.« .t,^" 1!;.
3,509-The
Fust
President; F.J Eiijlirnev.
S>0 -
Capital
f!,i.ilii«r.
'
N»M.>n..l Bankof KinRiuan, Kansas." Capital, *5n,0J0
^- fl"fl«'>". Presirletir; David B. Cook. Ci^h «r.
ox.,
3,510—-..^"i'"'"'
The S.cohd Natiotial Bank of .HTa^erhill. M.ass. Capital, $150 000
'^ '""''®- TrfsMent; (leorse A. Hall. Oasihle .
o .,, „.",,"
J,511—
The iMist Nationilof ODerllii, Kan. Capital. $5 1,000. Alonzo
£•"<"""•
Pr'^s' ent; Georse A. Metcalf, Cjshler.
o ., » -,-,
3,51Z—
The First "Jatioiiil Bank of Colby. Kan Capital, « jO,00O. Rus^"^ell,
PristdHnt; B. A. Hall, Cashier.
« Ki -. ».*" City National
3,ai..-The
Bank of Lansinjt, Mich. Capital, $1'^0.000.
•»«,..
J^'l^- ?1«<7""'. President; Benjainln F. Davis, Cashier.
3,&14—Ti
I he Third National Bankof Detroit. MioU.
Capital. $200,000
Steven'". PresMent; FredBiick Marvin, Cnhior.
o e-..! „-,•/?
3,515-The
Natl, ual Bank of Petersburg, Va. Capital. $100,000.
B.
_.
.. ,«• VanirUan, Pie.sident; Carter K. Bishop. Casbit>r.
The title of The MHrchants Exchanse National Bank of Mnpoatlna.
.". ';^ 'A. "*' ''"*" oliauged to The First National Bank of MuscaJit.'
tine, to take cflect
June 8.
'
IMPOBTS AND Exports for thb Week.—The imports of Isf t
week, compared with those of the preceding week, show a
decrease in both dry goods and general merchandife.
The
impons were ?6,433,149. against $8,724,785 the preceding week and f.S,060,369 two weeks previous. The exports
^'^^ ended Jutie 8 amounted to $j,9U,6S4, agaitist
in' o*^^
JO 134,660 last week and f 6,032,6)3 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) June 3, and for the week ending (for general
merchandise) June 4: also totals since the beginning of the
nnt Week in January:
total
FOBHiail (UPOKTS AT
Fitr Week.
1883.
Otj Goods
*7no.761
<3«n'lmer'dl9«..
HBW TOBK.
1884.
1885
Toledo Charleston & St. Louis.— The Boston Journal says
that this road (formerly the Toledo Cincinnati
St. Louis
Narrow Gauge) is to be widened to standard giuge .luring tho
present year, and it has been fully decided to inaugurate the
work at once. All arrangements for delivering the ties hiTe
been consurnmated. and they will at once be scattered aloqg
the line of the track. Arrangements are now being made
to
strengthen and improve all bri'lges on the line. When the
change is fully completed, the Toledo
St. Louis will cross
the bridge and run into St. Liuisas a full-fledged trunk line.
&
&
—
Anctlon Sales. The following were sold at auction this
week by Messrs Adrian H. MuUer & Son. 13 Pine Street
„„..
„
Shares.
Uoiuta.
225 Central Trust Co
40019
60 Moicnantfl' .Vat. Bank.. 133%
40 Guarantee Co. of North
& BankMacon & Western
RR. i;o. and S luihw.tstern
Ainerioa. (full paid sl'k.) 78
RK. Co. of Geirifia 78, tri50 Tra Dw.'Uinits Ass >'n
91
partite, die 189.1
lie>«
20 Fidelity and Casualty Co 1 17
$600 New Jersey Sunthem
20 Oriental Bank
l8t6', due 18>s»
96i«
186'a
25 Perili Amboy <t Wood$),40a 8onth S'de of Look
brldae KallroidCo
100
Island Ist 78, duo 1387
103l<
5 Cincinnati vVashington &
$3,000 Ciiy of .New York 78,
Baltimore coin, stock,
Cousol.Stk, d tie 1 is»4 130i« .biat.
$ common stock sorip,
$1,000 City of New York 7s,
and $16 50 1st luort.
Additional Cnitou Wa'er
Ini'ome bo-id .scrip. $15 f.jr lot.
Stick, durt 1331
1'^O^&lnt.
300 Lonit I.iland Ins. Co
90
$ 1,500 Cuuuty of New York
3s Union FerryCo
135'4
69, .4sses.siueut Fund Stock,
660 B'klyn Qas-Lt^ht llOij-Ill^
due 1837
101>«Alnt.
PhcnlT National Bank..lu6i4 $10.0"0 County of New York
3
200 N.Y. Loan* Imp Co... 44%
68, Soldiers' Bounty Fund,
45 Central National Bank. .12^
due 1H39
110>i*liit.
25 '.?d Natii>nal Bank
225
$2,300 City of Now York .'s,
SiPhenli National Bank... 106
Consol. Stock, redeem ibie
60 American Coal Co
40
after Hay 1. 1396, p.iyable
50 Fulton Municipal OisMay I. 191H
ll7>4Alat.
LlghtCo. of Brooklyn.. 148
$2,0«0 New York Philadelphia .% Norfolk li>{. l8t Il8..109<*
$10,000 ,s. Y Ciiy 78, Im
Fund Stock, dun 1392. 24 ^ A Int.
Bonds.
$l.5s^,.^ot,3-JJ,80o
$1,1
M. 9*3
$1.297.0.34
3,H80.84l
5,136,115
«7,0J3,370
$7,074,307
$7,075,787
$6,43 1.149
*53,22:!.3^7
$50, 790,77
140.35 5,015
*42,17S.t25
$.10,552.9^1
117,8..0.109
131,913,709
big Co.,
.
18S6
6.24i:.6i)a
$16,000 Central RR.
.
1
$10,000 Western RR. of Ala$1,0 10 Central RR of New
bama (Kuar.) 1st 88, due
J.^rsov. oonv. 78.due 1 902. 1 tS'i's
_I8'<3
10758-108 $i",000 Texai .k S.v Oil -ans
$2,000 Kalamazoo A lie/tan &
RU.of 1-174 Nt 7s. due 19 i.M14ia
Gr. B>p. IscSi-, due l-it<8. .109
$3,00 N. Y City iKrooklvn
$H>,0oii North .Mis«oiirl RR
Brldi;.) Ts. lUie 1920. Oi'i* A lot.
Co (We't B )7s. due 18.^5.^19^< $7,000 Tho City of .Marloa
$3,000 EssHX County, H. J.,
Water Wurkn O.of Ma lun.
7s, due 1889
108
la.. Gs, KOld
5
.
Total
BineeJan.
Dry Goods
1.
Gen'lmer'dlse..
139K02 398
Total 22 weeks. $192,4
i.-i,75.-
«191, 115.795 $16\023,.534 $183,466,750
>
In our report of the dry goods trade will be found the iir.
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
•pecie) from the port of New York to foreign ports for the
week ending June 8, 1886, and from January 1, 1836, to date
gaulttug ami ^laanciaX.
United States
Qovemment and
btlier
desirable
:
SECURITIES
BIPORTS FBOM KBW TOBK FOB THB WKBK
18B3.
For the week
.
.
Prev. reported..
1884.
*5,Hi?8.727
$8,435,075
lH,806,i6i
116,96S,9i>2
1885.
«P,05«.749
131,429,165
I
$5,941,684
119,302.726
Tital 22 w»ev^. »1 4'>,705.2~« $125,401,067 $140,487.9:4 $126,744,410
The following table shows the exports and imports of specie
•t the port of New York for the week ending June 5. and
Jan. 1, 1886, and for the correeponding periods in
t^
18»6 and 1884:
nee
FOB
181:6
^ ^
N T E
S
T O R
S,
All stocks and bonds listed on the New York Htook
eold on ooinmlsslon for cash.
Deposit aceounu received and Interest allowed on
•abject to draft at Bight.
and
HARVEY" FISK
96 Nassau Strekt,
Exohaoga boajcM
monthly balancss
& SONS,
New York
:
:
THE CHRONICLE.
722
Coius.
[Vol,
—The following are quotations in gold for vanous coins
DIVIDENDS.
liave recently
been annouuoed:
JTame of Company.
Hartf
83
100
:
June
Interest
June
June
Jutie
June
June
Periodt.
5.
7.
8.
9.
10.
11.
11138
111)4
11138
FRIDAY, June
18S6-5 P. M.
Situation.— The
11,
The Money Market and Financial
summer opens with very quiet markets, and with a iine prospect
The rains which have recently
for good crops in all quarters.
fallen in Texas and Arkansas, and in parts of the spring wheat
district of the Northwest, have been worth many millions to
those sections of the country.
Prices of grain, cotton and petroleum are abnormally low, and
consequently the exports of these products, even when large,
count for much less in the exchanges, and leave the rates of
But
foreign exchange very near to the specie-shipping point.
low prices after a while proverbially correct themselves, by
increasing consumption, by checking production, and by
inducing producers to hold back their products as much as
possible to get better prices.
There is evidently much confidence in railroad property as
of what is termed in market
shown by the continued existence
,
,
,
„
t
XT,
parlance "the strong undertone," which simply means that
of
stock
large
majority
among
the
opinion
of
strength
the
operators and investors is on the side of firm prices, based on a
belief that with good crops and a cessation of railroad wars, the
The tonrailroads can hold their own and show fair profits.
nage and passenger traffic of the country are naturally always
on the increase, and hence the tendency of railroad property
when given a fair chance is always towards improvement.
The open market rates for call loans during the week on
stock and bond collaterals have ranged at 1@7 per cent, and
to-day at li@3^ per cent. Prime commercial paper is quoted
at 3i@4i per cent.
The Bank of England weekly statement on Thursday showed
a gain in specie of £506,000, and the percentage of reserve to
liabilities was 39^, against 36 11-16 last week; the discount
The Bank of France
rate was reduced from 3 to 3J per cent.
lost 5,350,000 francs in gold and 3,100,000 francs in silver.
The New York Clearing House banks, in their statement of
June 5, showed a decrease in surplus reserve of $1,763,635,
the total surplus being $13,067,975, against $13,830,600 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 STew York Clearing House banks.
.-
,
•
•
i.
48,
48,
38,
68,
68,
68,
6b,
68,
*
option U. 8
cur'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,
111% lllV
res. Q.-Mar.
1891
1891
1907
1907
4'ss,
4'2S,
Nav. Co. (quar.)l
WAIili STREET,
—
4 86
a
...
New Yorli New Haven &
<fc
a
a. S. ailverdoUarH- 99iaa
United States Bonds. Government bonds have been dull
and the market without feature. Prices are unchanged.
The closing prices at the N. Y. Board have been as follows
Manliattaii (quar.) ...
Missouri PaciUc (qnar.)
Oregon E'way
English silver .... 4 80
78
U. 8. trade dollars
—
Railroads
Central of GeorRia
Cbloago St. P. Minn. & Oni
Fitchburg
Lelalsh Valley (quar.)
Morris& Essex
New Yorlf & Harlem
:
— 99%a par.
— 92 a — 95
Mexican dollars.. — 78 a — 79
Do uncommerc'l. — 77 a — 79ia
— 70H9 — 72
Peruvian sols
Silver >4S and 'as.
Five francs
$4 86 «$4 90
Napoleons
3 86 « 3 90
X X Relchmarks. 4 74 a 4 80
X Guilders
3 96 a 4 00
Span'linoubloons.lS 55 «15 65
MeK. Doubloons. .35 55 ®15 65
para^prem
Fine gold bars
98is» gs'a
Fine silver bars ..
Dimes & i« dimes. — 99>sa par.
Sovereigns
Ihe followtnK dlvldendB
XLH.
coup. Q.-Mar.
reg. Q.-Jan.
coup. Q.-J»n.
reg Q.-Feb,
'95
reg,
'96. ...reg.
'97
reg.
'98
reg.
'99
reg.
jr.
J.
J.
J.
J.
&
&
&
A
&
11138 *llli4
'lllifi
--111=8, Ill's
125
126
m25
1247e
126
125-'e
100% 100%i»100% 1013a'*ioi
lOOS^
J.
J.
11113*11114
125 1*125
125
•126
126
126
'125
125
137
125
"125
'127»8l 127iS8*127e8
J 130
*125
127iis*12758
125
1301^*13018 *130is 130i8*130ia
132=6 *13258:*1S2S8 13258*13259
J. 132
1-135
135 1*135
J. I3414 135 1*135
TliU is the price bid at the morning board
:
no tale was made.
State and Railroad Bonds.— State bonds have been only
moderately active, the transactions for the week being as
follows: $137,000 Louisiana consol 4s at 77-1; $63,700 Tennessee settlement Bs at73-i; $5,000 do. compromise bonds at
68; $55,000 Virginia 8s, deferred trust receipts, at 9i—J;
$12,000 Alabama, class A, at 103J, seller 30; $1,000 do.,
class C, at lOOJ; $3,000 North Carolina special tax bonds at 10.
Railroad bonds have had an active and strong market the
past week, and most classes record an improvement, though
^^^^^..^.^^.^ are
Indications
„.^ not
„„
nas been
Deen apparent.
some irregularity has
^^nting that capital is largely seeking investment in good rail
road mortgages, and the speculative movement has been more
important this week. The Erie bonds have been quite active
and very strong, and Nickel Plate receipts advanced on free
buying on a revival of the rumor that Lake Shore would issue
a 4 per cent bond to take up all Nickel Plate bonds, principal
and interest; afterward, on a denial of anything new in this
matter, the bonds fell ofi.
The closing prices and range of a few leading bonds are annexed
Closing.
Name
Junei. J^nell
N. Y. L.
E.& West.—
2d consol.
6s, ex.
June,
'86,
cp
Funded coup. 58.
West Shore, guar. 4s
East Tenn. Va. <fe Ga. 58,tr. rets
do inc. tru.8t receipts
Do
Texas & Pacific Rios, 68, cp.
Canada Southern, 2d M 5s
N. Y. Ch.
& St. L
,
1st 6s.
off.
tr. rec.
Louis & San F., gen. 6s
Den. & Rio Gr. West., 1st Bs
Mo Kans. & Texas, gen. 63
do
gen. 58
Do
St.
1
Range since Jan.
1, '86.
of Bond.
921a
90
103 18
88
2014
5514
89
93I3
107^8
751s
92
78 14
Lowest.
Highest.
94 ''s June
Jan.
96 14 Mar.
7714 Feb.
IO414 IOII4 Jan. 10414 June
68 14 Jan.
92 June
92
22% 1758 Mar. 22% rune
45 13 Jan.
5838 June
58
92''8
84 Jan.
931s Feb.
95i«
99 Jan.
84 May
9914 Jan. 108 19 Jime
10838
83% Mar.
721a Jan.
781a
96 Feb.
8758 May
93
79I2
72 14 May
83 Feb.
91%
76''8
91 "4
Railroad and Miscellaneons Stocks.—The stock market
has been moderately active, unsettled and irregular, with a
June 7.
Previout Week.
June 6.
June 5.
tendency towards higher prices in the early part of the week,
moderate reaction and another advance later.
liiansanddls. ?342,824,00C Ino .$1,283,500 *29B.307,200 $302,603,500 followed by a
67,439,000 Dec. 2.077,S00 114,600,100
46,187.600 Tlie influences have been divided between favorable and
Bpeoie
7,822,200 Dec.
29,500
14,372,200 unfavorable reports, and the result for the week shows few
Circulation...
283,323,'200
858,300
Net deposits.. 3(34,383,700 Oeo.
The
35,724,900 Inc.
100,600
25,934,700 changes of much importance, except in a few stocks.
Legal tenders.
$70,830,800 market seems to be well under control by the bulls, however,
Legal reserve $91,095,925 Deo. »214,575
72,172.300
103,163,900 Dec. 1,977,200
Beserve held
and every decline of two or three points is followed by a
usually carries prices higher than they were
$12,067,975 Dec.?l,762,625 $60,017,725,
$1,341,500 reaction which
Borplns
Rumors were circulated at one time of injury to the
before.
Exchange. The s terling exchange market shows no activity Western crops by drought and frost, but they lacked confirmain the demand, though the rates are strongly maintained; tion, and had no serious result reports of rate-cutting among
posted rates were advanced J cent on Wednesday, in conse- some of the AVestern roads was a more tangible piece of news
quence of commercial bills having become scarcer, as the but had no great effect. Among the weak stocks, Western
exports of wheat had somewhat fallen off during the late Union has been prominent, it being generally believed early in
advance in prices.
the week that the quarterly dividend would be passed; when
To-day the rates on actual business were as follows, viz.
that fact was announced, however, the stock recovered someBankers' 60 days' sterling, 4 87i:®4 87i; demand, 4 89i@4 89+. what, showing that it had been fully discounted.
Cables, 4 89i@4 90.
Commercial bills were 4 85i@ 4 86.
Another feature has been the revival of the story about
Continental bills were: Francs, 5 17i@5 ISJ and 5 15f@5 16J; Lake Shore and Nickel Plate, it being reported that the forreichmarks, 95|@95i and 95|®95f guilders, 40J@40f and mer company was about to issue a 4 per cent bond to take up
this had the effect of
40J@40|.
all the bonds of the Nickel Plate;
The following were the rates of domestic exchange on New strengthening Lake Shore stock and stimulating an active and
York at the under-mentioned cities to-day Savannah, buying upward movement in Nickel Plate bonds.
1-16 premium, selling 3-16©^ premium; Charleston, buying
Lackawanna has been quite prominent and generally strong,
par@J premium, selling 3-16@i premium Boston, 30@35 stimulating the other coal stocks somewhat, and Jersey Central
premium
New Orleans, commercial, 50@75 premium, bank, was favorably influenced late in the week by a published statefl 50 premium; St. Louis, 75 premium; Chicago, 40 premium. ment of some of the terms of the forthcoming plan of adjustThe rates of leading bankers are as follows :
Other strong stocks have been Consolidated Gas, which
ment.
broke again, however, late in the week, New York & New
Junell.
Sixty Days.
Demand,
England and Oregon Navigation. Oregon Trans-Continental
has also been prominent and strong on the practical defeat of
Prlmebankers'sterllngbUls on London...
4 88
4 90
Prime ooramercial
the opposition party seeking control of the company.
.,...,.....,.,
4 86 ®4 86I4
Documentary ooinmerolal...
4 95is34 85%
To-day, Friday, the market was generally strong in tone,
Parl8(franos)
5 18i«a5 171s 5 16''8a5 1Ci4
especially for the grangers and Lackawanna, and most st ocks
Amsterdam (guilders)
40i«a409,„
40Bisa40^
Frankfort or Bremen (relchmarks)
95S§>»95is
95%a95''8
advanced moderately, the close being strong.
1886.
Differ'ncesfr'ni
1884.
1885.
—
;
;
:
;
;
1
3HUHHi
.
Junk
THE CHBONICLE.
13. 1886.]
723
NEW YORK STOCK EXCHANttE PRICES FUR WEEK EMDINQ JVWE
tatonUr.
June 5.
KK.
Active
S^
BIOHB8T AKD LOWaST PBIOBi.
8TOCK8.
Stocks.
Canadlnii Pnoltto
C»ntt(l« SoiitluMii
Monday.
June 7.
65»8
65\
41
420g
June
66
65°8
4214
Wedneaday. ThurwUy.
Jnno U.
Juna 10.
Tnesrtay,
enis
42'a
BlOs
41
42'g
8.
e<ii8
65>i
4214
05 >r
aa
5214
411a
81b
141a
Friday,
Jane
mta
60<h
-
6Ri^
eiiji
i?„
52ie
i?.y
53V
43%
SINCE JAN.
II, lUJi
11.
LpWMt
I
jatiaras.l
6(1
60
'S.^^
'ssji
B»n«««iiiMJaB.t,UML
I
WeStI
I
t
18S«.
1.
1.395
81
'•'"
''^'^
rtb.
aufimt.
n
u
mi«jaD.
""j^ < <"'• *•» »7
42i4J»n. 18 »7i« Mar. 3
41SS 42
41
41
4ti«i
41
l,.'>24
411a
38
Mar. 24 44% Feb. 1
8Tgl
•Sij
9
-8
8'8
Wa '8
'8
110,
8>a
8>i
7 May
13i4jKn. 8
U!
lT>s '14ie 16
MS 17
16
n't
1«
'IS
17
1A4| 13
Apr. 30 2l>iJao. 6
*10is 11
'lOia 11
MOis II
noii
10
10
-lOlfl 11
Hia May II
15
15i«F*l.. 13
140 140
1411a 1411a
CUlCBgo it Alton
2.*. I3M
.May 17 144
Feb. 13
133ia UKlOg 134
OUlcagoHiirliiiKtouAQulnpy
134
13314 133% 134
1341* 1341a 1341b 134
134ak'
4, 1 80 12H%.May 16,140
Jan. 5
91i4 9214
91ia 1)238
9138 uasgi 9214 1,314
CSiloaKO Milwaukee i St. Paul.
92
.. >4 93%
02% 1)278 220,660 82% May 4 00% Jan. 3
prof. 12Ha 1211a
Bo
122'«' 123 "123
_ 121% 121% 12078 120V 123
I2211 12218
1,130 116 May 3jl2a Mar. 3
11314114
113
114% 11338 ii.mim
Ohloaxo & Northwestern
11138 1121b 111% 11218 80.460 104i4May 4^1t4%June
141 141 !n40ial42
jiref.
*
112
1.12
Do
xUOifl 141
141
1401a
I411b<
900 135 Jan. 18iI42 Mar. 3
124 125 *l24ia 120 -124 1251a 124 >a 125
Cliicago Rook Islan<l & Paoillo. 124^ 125
1241s 125
1,321 12019 May 14 131
Feb. 17
11
CUoago St. Louis i Pittsburg.
11
III4I
11
11
11
•-•
9l4Mar. 24 15^JaD. 5
450
„
„„,
Do
liref.
29
2914 2914
29
29
400
294;
26>BM«r.
24
35>«Jan.
6
46I9 48i«
47
477.
Chicago St.PaulMiun. & Uui.
471a 481b
47>« 47%
40% 473« 1)7.810 35 14 Mar. 24 48iBJane 7
46<B 47%
111
prof. 109% 110"4 110
110 lioas' 109% 110% 109% 110%' 110 IlOis
Do
8. .17.'. 97
.Mar. 24 111
June 4
50
51
51
CleTel«nilCol.Cln.& Indiauan.
511a
5178 5314I 5278 54%'
8.320, 43iBMar. 24l 60 Jan.
8
51%i oils 51%
34 14 3514
35
Oolumbus Hocking Val. &T0I. 34
341a 34V' 33>S 34'>8
33
33% 3278 33i« 24.070 2078 May 3. 38>B Feb. 17
120i« 130% 147,720 115 Jan. 10 135% Feb. 18
Delaware I.arkawanna & West 127% 120)4 127=8 128% .12778 128% I28I9 129% 129 130
25
25
Deuverifc UioU.. asst'ssm't pd
100 21i4MBy 41 26 Jan. 7
1
1
East Tenuosseo Va. & Ua
'8
\
2.900
%June 3, OiaJan. 3
Do
pref
2%
2%
100,
2 May 6 lIi«Jan. 2
•82
ETauavllIo A Torre Haute
85
84
84
'83
84
84
84
85
84
450l 671s Jan. 20' 86
Apr. 6
Fort Worth & DeuverCltv
21
20
20
600 15 May 4i 25>sFeb. 1
211a
Ilia 11%
11^8 11^8
Grion Kay Winona <fc St. Paul.
•im 11%
600
8 Jan. 16 13% Apr. 10
HouAtoD iV Te-xas Central
25 Mar. 23 36 Jan.
iss" 138
miuols Central
182 136 May 4 1431s Feb. a
23
23
2318 23»8
Indiana Bluomiugt'n A West'u
23>« 23%
2314 2314,
234« 2314
1,370 20 May 4 2878 Jan. 5
1214 1214 *llia 123e
Lake Erie & Wostcru
11% 11% 1218 12ie 12% 12% 12% 12181
915
8% Mar. 24 18% Jan. a
81»8 821s
8214 83%
Lake Shore & Mich. Snutliom.
83
83% 84% 831a 84% 83% 8418 158,705' 76i« May 8 OOI4 Feb.
835h
96I4 961a
93
95
Long Islaiul
90% 96
9514 9OI4
01>s
90i4i
90ifl 97
80 Jan. 20 97 June 11
8,202i
36i58
38I4 38%, 24,205 33% May 3 457, Jan. 4
Laut8vill0i& Naslivillo
37% 37
3078 3778
3778 381a
38
371a
3878
39
-Louis. New Alb. & Chicago... •37
39
39
39
39
39% 391a 39% 42% 3,900 ""
32 Mar.
25 42% June 11
Manhattan Elevated. oousol.. 127% 128»« I28I3 129S8 129 129% 120 1291a 129 12914 128% 1291a
7.725 120 Jan. 2 120% June 8
32
33
Hem phis & Charleston
200 29 .May 19 38>BJan. 4
72
7314
72% 72% 721a 73
Michigan Central
73
74% 75
7414
73% 7414 7,540 611a May 4 76% Jan. 2
69% 70
70
Mil. Lake Shore <Sc West
70 14 681a 70
6914 6914
09
69
08
68
1,870; 22
Jan. 28 71% June 3
94I4 9414
Do
93
pref.
94
931a 931a
93
95
93% 93% 94
94
2,200 50i4Jan. 18, 95 June 10
21
21 14 22%
2II3 21%
2H9 2158 22
Minneapolis & St. Louis
21% 221s 22% 23
9,265 I6I4 Mar. 24 23 June 8
4578 46%
4678 47
Do
pref.
43
49% 47
47% 4678 4714 8,180 40% Mar. 24 51% Jan. 4
46'a 48%
28I4
2714 2818
Missouri Kansas & Texas
2818 281a
28
28% 2778 28% 18,397 21 May 3 32i4Jan. 2
28M 281a 28
Missouri Paoillo
108% 109
109 109
1081a 109ie 109 109
109 109%' 3,885 100% Mar. 24 114%Jan. 11
1081a 109
1312 13ia
Mobile & Ohio
*12ia 14
*12ia 14
14
14
340 11 May 22 17 Jan. 5
131a 131a
48
Nashv.ChattanoogaASt. Louis *
48
43
49
49
'461a 48
48% 3,200i 4314 Apr. 29 50 Jan. 7
481b 49
1027910314 102% 103
Kew York Central & Hudson 102 14 103
IO314 10378 103% 104% 104 IO414: 29.835 98% May 4il07%Feb. 13
8I4
8i8
778
778
New York Chic. & St. Louis..
7'6
8%
8%
7% 7% 0,385, 4% Mar. 24, 10 Jan. 5
8>a
8%
19%l *18% 19%!*
Do
17% 1938 I9I3 2OI4 19
pref.
171a 17%
19
1,517 11
Mav 4 23 Jan. 5
26iS8 2678
26»8 27
Blew York Lake Erie & West'n.
26% 27% 27%
2779
2778 28% 81,201! 22% May 3i 2878 Feb. 17
27%
2778J
""
"•
6OI4
"•
"••
Do
59% 59% 60
0014
pref.
60%
60% 01% 61% 61% 61% 62% 6.997 50% Jan. 181 64 Mar. 3
New York A New England...
37% 38I4 38
3Sia
38
38% 38% 40%l 39% 40% 39% 40% 60.9451 30% Mar. 24l 43% Jan. 28
I8I4 I8I4 'I718 19
New York Ontario A Western
17% 18
1814 I8I4
1,033' 15
18% 18%i
19
May 3 21%Jan. 4
718
New Y'ork Susq. & Western. .,
7
7
718
7
7
6% 078
7% 8
7%
1,300
6 Feb. II
8% Jan. 2
*21
2OI4
21
Do
21
21%'
22
21
21
960 17% Jan. 25 24 Feb. 9
pref.
21% 21% 20% 21%
_
Norfolk* Western
I214 1238
12
12% 1214 I214 12% 12141 12% 12% 12% 12% 2,830 8 Mar. 25 12% May 29
Do
33
33% 331a 3379 331a 34
pref
33% 34% 34
34% 33% 34
11,3601 25 Jan. 25l 34% June 9
Northern Paolflo
25 >a 26
25% 26% 26% 26% 26% 27% 8,695' 22 May 4, 29 Jan. 2
251a 25'8
251a 25%
Do
pref
56% 5718 561a 57
56% 5779 57% 58% 57% 58% 23,672 53% Mar. 271 6178 Jan. 2
561a 50%
"
''8
78l
la
Ohio Central
'8
78
4,870
1
%June 5 2 Feb. 4
%
%
Ohio A Mississippi
2218 2214
22
22
21% 21% 22% 2278 22
22% 22% 22% 2,700 19% Mav 3 26% Mar. 5
Olilo Southern
500' 13% Mar. 24, 19 Jan. 4
15% 1618
15
15
Oregon A Tran8-( 'onttnental.
31°8 33>4
33
31
31% 32% 31% 32% 80.438 23 Mar. 24 34% Jan. 5
33% 31% 33
32
Peoria Decatur EvansvUle
2,230 16 Mar. 24 25 Apr. 12
22% 22% 22% 22% 22% 23% 22% 23
221a 22% •22
221a
Philadelphia A Reading
22
2278 2379
22% 22% 227g 23
23% 24% 24,380 18% Feb. 5 31 Mar. 8
221a
221a 221a
Richmond A Danville
119 120
118 119
117 119
910 73 Mar. 1 130 June 3
3OI4 31%
Eichm'd A West P'nt Terminal
29% 30% 30
30
28% 29% 9,840, 27% Apr. 6, 38 Feb. 2
30% 30
301a 32
'4%
Boehester A Pittsburg
*4ia
400
5% "4% 5%
3% Jan. 16! 5 Feb. 13
4% 4%
51a
*20ia 211a *21
St. Louis A San Francisco
21
20% 21% 20
21%, 20% 21%
1,300 17 May 3 23% Jan. 25
211a
Do
4514 45
4514 4514
46% 3.575 37% May 5' 48% Jan. 7
pref
45% 45% 45% 4579 45% 43%! 43
Do
107% 107% 107% 108^8 3.535 97 May 3 109 May 27
107% 107%' 107 107
Ist pref 107% 1071a •107 la 108
"57% 59
8t. Paul A Duluth
"37% 59
58
00
3.240 37 Jan. 18 67 Apr. 12
59
59
60
61% 60
59
Do
*111% 11218 11218 1121* 112% 112%
400 99% Jan. 26 113 June 10
113 113
pref
Bt. Paul Mlnneap. A Manitoba. 1151b lloia 115
1.100 100% Jan. 19 11979 Feb. 25
115% 116 *115 116
1151s *115%11«
Southern Puoiflc Co
4014 40=8 *39% 40
39% 39% 39% 39%I 1.9S0 30% Mar. 17 41% Apr. 24
391a 4014
Texas A Paoillo
11%' 10% 11%
11
1078 11%
11
11% 11% 11% 23.793 7%.\i)r. 30 14% Jan. 2
11
1158
Union Paclllc
52ifi 543fe
53% 527a 53%' 53% 53%I 55,922 44% >Iar. 24 50% Jan.
53% 54% 52% 53% 53
•13% 15
Wab. St.L AP.,P.Coni.rcpt8. *14
*13% 15
14
430 12 May 14 15% June 1
1412 *14
15ie
14
14
14
*24i8 25 's -24
-24
May 25
1 10 23% May 20 20
24% 24%, 25% 23%,
26
pref
251s "23% 20
__ Do
91^ 52
Central (if New Jersey
OeDtral riiolUc
Obesaio'ake A Olilo
Istpref...
Do
Do
2di>reJ
41
5fe 52^
41>>g
1
42'h
5218.
I
n
i
1
ay
iij*
52',
41
'
53>8
2l)..-.1il
I
I
i
luV
I
I
Sm
I
—
.,7%
6%
j
I
—
I
i
(
I
!
I
,
J
nUcellaneous Stocks.
Colorado Coal A Iron
Consolidated Gas Co
2379 2379
24% 24%.
24
24% 24% 24% 24% *24
24% 24
79%
77
7714
80% 80% 8178 78% 81%| 78
77% 78% 78
Delaware A Hudson Canal...
97% 98% 97% 98%
90% 977^1 96I4 97% 97
97% 97% 08
OrOL'dU Improveiucnt Co
19
19
19
16
10
19
17
19
Oreg.m Railway A Nav. Co... 100 10078
10278 104% xl03 104% 103% 104%
100% 103
PaeltleAIail
52% 53% 5'..'% 53
52% 53%! 53
53% 53
53% 52% .53
Pullman Palace Car Co
132% 133
133 134
134% 134% 132% 135 •132% 135
Western Union Telegraph
60% 61%
00% 62
60% 62
61% 62% 61% 62% 00% 02
,
1.140
29.341
13,025
21
May
747,,
1.275;
10
9349
June 3illl Feb. 8
Jan. 18!l08%Feb. 13
6
June 8! 31% Mar.
May
5
4.108% Jan.
Feb. 23 67 Jan.
*
,
I
I
Express Stocks,
Adams
140
American
107% 108% 109
United State.i
00
127
1..
A Co
Inactive Stocks.
Wells, Fargo
Atlantic
A
Banlier.i'
A
7%
Pacific
A
144
GO
02
127
120
7%
*2% 3
*99% 100%
.Merihants' Tel...
Boston A N.Y. Air-Line, pref.
Canton Co
Cedar Falls A Minnesota
Central Iowa
Cincinnati Wash
144
65
05
•17
19
144
109
62
130
8
144
•140
*107i2 109
110
63
140
03
63%
63%
125% 120
*141
'lOO
63
'125
•7%
•2%
*7
•2%
99% 100%
99% 99%]
*99
18%
18% 18%
18
144
110
7%
2%
Dutiu.iue
A Pittsburg
A Sioux City
I!
:
150
13
13
17% 17%
65
63
220
|'220
i<Cent..lea«edlinestock
*98
09
100
New York Lack. A Western...
New York New Haven A HarU
Ren.s^i liicr
A
23
146
W. A Chicago....
23
146
22% 22%
New Central Coal
Ontario Silver Mining
Tennessee Coal A Iron
100
•97'"
ioo"
18% 18%:
147
147
23% 28%
147
Siratoga
A Terre Haute.
Cameron Coal
63
7%
ibo"
4%
6%:
65
.1
18% 18%
Louis Alton
Do
5%
7%
106% 100%
OroKon Short Line
8t.
3
4
63
I
•99
99
Beach Co
Pittaliiirg Ft.
IM
7%
*2%
•99
18>s
05
150
5 141 June 1 1.50
210 101% Jan. 28 110
000 51 May 13 00
63
Mar. 20127
Feb. 12
June
Feb. 26
June 5
May 4 9% Jan.
3% Jan.
Apr. 19
Apr. 3 101 Jan.
Jan. 5 65 June
11 Feb. 13 14% Mar.
13 Mar. 24 22% Jan.
2% June 10 4% June
3.683
5% June 10 7% June
9,908!
214 23 Jan. IS, 70 June
120 140% Jan. 11 152 Mar.
Mar.
OOijAiir. 30 07
l213% Mar. 31 2'.'0 Mar.
240
100
Ot
100
200
630
7
2%
90
53
)
H.i:;.-m
Miriii;ittan
130
1
7%
2%
13% 13%
2%
6%
63
27% Mar. 12
May 3il3778Feb.
60% June 9 75^9 Jan.
100119
13
_
Cleveland
I
100
Baltliu'rc.
Do
pref.
Rome Wateitown A Ogdeusb'g
-141% 143
110% n09 112
04
130
4|
413 128
92,894
144
•99
100
10.139
10.745
87%
23
147% 146
165
27
23
146
165
27
'228
97% '97%
I87g
800 93
19%
200 100%
'106% 108
23
17
1.0i>0
23
725;
141
80 153
39
20
I
300 27
86
9
6,727
9
200 29
200 38
'
pref.
19%
1979
These are the prices bid and asked
19% 19%
29
;
29
10
19%
41% 41%
19
10% 19%
10%
29% 39%
no sale was made at the Board.
t
19
19%
Lower prlM Is ex-dlTldead.
11
10
4
S
4
9
Jan. 13 100% Feb. 28
Feb. 2 21%.Mar. 6
Jan. 20.109 June 1
204%Jau. 13211
19% May 81 26
2.35
5
7
29
3
3
5
Jan
2 150
Jan. 21
June 2
Jau 5
Jan. 13'
May
4;
105
46
95
21
15%
Mar.
Mar.
Mar.
3
8
6
May 18
Feb. 3
Feb. 16
1
Feb. 15
Juno
Apr, 1^ 29% June
Mar. 23l 50 Mar.
9
1
..
——
.
——
1
..
THE CHRONICLE.
724
I
JLXE
qUOTATlONS OF STATK AND RAILKOAU BONUS.
STATE BONDS.
Cla«8 B, »s, 1S06
Class 0, 48, 1908
Si, 10-2US, lUOO
A-kansas— 68, fuurted
Ft. S. 188.
78, L. KOCk
7»,
T», L. R.KB.&N.O.
R. BB.
Ts, Ml8«. O.
-8
&
Stami)
14
Hi
Memp.&L.RockRK
KK
*R.
I
'"221a
4a
(1,
.-
Special tax,
all
10
classes..
C'nip'nil86.3-4.5-63.1912
Vlrgiuia^ri.s, old
Do
Wil.C.&Bu.R.
1*95
Conaol. 48, 1910
,'l!8'4l20
68, 1919
Ohio— 6s, 1886
South Carolina
6s, Act Mar. 23. 1889 (
1887
6a, consol. bonds
6s, ex-matured coupon.
68, conaol., 2d aeries
6s, deferred
District of ColumblA—
non-fuudable, 1883. (
conHol'nea, 1S93
Tenneaseo— (jB, old, 1892-8
8g. new, 1892.8.1900 ...
6s, loan, 1892
Arkanaas Cent. RR.
6a, loan, 1893
Oeorxla-68, 18S6
N. Carolina— 68, olrt, J.&J.
78.1886
'iii'^imi Funding act, 1900
T». gold, 1890
78,
Brown
581a
691a
now, 1868
6.8.
,
1891
68, loan,
—
New bonds, J..feJ., '92.8
78 '4
Missouri- 68, 1886
68, dne 1889 or 1890....
Asyl'm or U niv., due '92
Funding, 1894.95
Hannibal <t St. Jo., '86.
New York— 68, reg.,
SKCtTRITIE«.
Tennessee Continued—
6a, new aeries. 1914
N. Carolina— Continued-
87
77
Louisiana— 7s, oons.,1914
103
107
100
1806.
1880.
11,
8ECTJRITIE1S.
8KCURITIE8.
SKCtJBlTIES.
Alabama— Class A,
Vol. XLII,
1924
3.658,
ReKlsterod
Fundlnu
9
a"*
j
119 V.
,
1899
5a,
RAILKOAD BONDS.
SECURITIES.
Bid.
Del.
Bailrond Bonds.
Siukinft Fund, 6s, 1911.
I'ac- lst,68,1910.
Bstltliuurc
118S,
Hud. Canal— l3t,7s
118
1st, ext., 7s, 1891
78, 1894
lat. Pa. Dlv.,cp.,7s,1917
1st, Pan. Div., reg., 1917
.Susq.— 1st, 78...
Alb.
Alch. T.Ji S.Fe—4 ii:8,1920
&
&
120
139
Coupon,
(Stock Exclmnsc Prices.)
AU.
'W
Bid.
129
130
llOHi
•
l3t.cons.,guar.7B,1906
1st, cons. ,gu;ir.6s,1906
l8t,HH, Park. Br., 1919.
Reu.s. .t
SECURITIES.
Pennsylvania
121',
Sar.— l8t,cp.,7s •141
119 H.
—
Denv.J! Uioor 1.3t„78..
1st, consol, 7s, 1910
i
Mil.L.S AW.— 1st, 83,1921
Mich. Div.— Ist.Os, 1921
Ashl'd Div...lst.8s,lfl2.-.
Minn.&.St.L..^lst,78,192-
...
:
Pitt3.C.ASt.L.-lst,o..7s
Pitts Ft.W.AC.— l8t,7
2d, 7s, 1912
3d, 7.9, 1912
CIov
llOHii
117
!i:
& P.— Cons a fd.,7s
4th.
115
132
125
130
RR.—
Pa.l'o.'sguar.4ias,lst.ct>
Pa. Co.'s4ias.reg..l921.
12 Hi
1909
109
Coup, 69, 1931
114
Jack. Lau.it Sag.— 8s,'91
Milw. & No.— 1.3t, 68, 1910 103 Hi 105
102
1st, 6s, 1884-1913
Os,
&
& Oliio—
122 >a
1J2
68,gokl,lU25
iOtSHi
li-t,5»
No.—
Hiip.iS
Bur. t'.
CoUROl. it col.tr., 58,1934 106 's
SECURITIES.
.Mich Cent.— Con9.7s,1902
Consol., 53, 1902
SECURITIES.
Ask.
2d,
1892.
6s,
s. f.,
St. L.V. AT.
.
107^9
106 '1 107 Hi
iii'i
131
llOHi
H.— lst.g..7a
7a,189H
118
10218 103
lowa Ext.— 1st, 7s, 1909
2d, guar., 78, 1898....
Trust Co. receipts
821a
ibe'
Via" Den.So.Pk.it Pac— lst,78
2d, 7s, 1891
PliieC'k R'v— Baof 1932.
i'o's"
m-. Den.A RiuO.West.— lst,6s 78 78H, S'thw.Ext,.-l3t.7s,inin
Pltta.Cleve.ATol.— lat,8s
C.Bap.l.F.it N.— l8t,68
•io8"
Pao. Ext— 1st, 8s, 19'J1 ibs'
Pitta. McK. A Y.— Ist.Oa.
DefcMack.&Marq.- l8t,6s 80
Ist, 6a. 1921
3n
45
Imp.
Er|Uili.-li,9,1922
31.^8,
S.
A
.ft
97Hi
RomeW.A
Og.—
lst.7s.'91
Cons.es
Laud
grant,
Bnir. N. Y. <& P.—
98 H
103
Con., lat, ext., 6a. 1922.
Det. BavC.t Alp.— Ist.Os 108 la 109 Hi Minn.* N.W.— 1.3t.5s.gld. 101
General, 69, 1924..
93 la Roch.* Pitt.- lat. fis. 1021 118
.Mo.K.&T.— Genl.,8s,1920 93
Can. Wo.— 1 st.int. guar.,58 107 =8 iof'a E.T.Va'. & O.— lst,78.190O 123
•Oil,
92',
108--a
General,
192t>
791a
Tni9t
rec.
OS,
79-'8i
Consol..
l9t,
1922
...
cons.,
69.
l8t.
58,
2d. 6a, 11(13
Minil.*M.L.— l8t,78,gii
la. City & West.— lat,7K
•1133,
Cential Iowa— lat, 7a,'99t 109 la
Kast.Dlv.-lst,6s,l!112
lU. Div. ,1st, OS, 1912
Ches.iS O— Pur. mo.fd.'93 116
Bs, gold..=onos.\., 1908. 1071a
7 'J
68, gold, series B., 19081
68, curreiicy, 1918
llortgiige. Us, 1911
CheB.O.&h.W.— M.,.'i.eB.
71
SO
Ex cp.9 to 12, Tr. rec. •107
Divisional Ss, 1930
S.f.deb.,0.,6a
N.—
Eliz.C.A
C0U.9., 79,
45
1920
Eliz.Lex.&liigSand.v— 63 1051a
Erie Ist, extended, 79-.. 125
30
1'8
98=4
.
—
&
Gal.Har. .ta.Ant.— IsfcOa 116
114
2d, 7.3, 1905
109
98
West. Div.— 1st, 53
ill
2d, 08, 1931
;i4i«iii6'!i Gr'nBayW.<fest.P.— l8t,6s itit'
Conv., assented, 78,1902 116 (118
Half Col.t S.Fe.— 78,1909 104'
Adjustment, 7s, 1903... 105 108
Gold, 8s, 1923
841,' 85 tj Han.A St. J.— Cou.0s,1911 ll'3
CouT. debent., 6s, 1908111
112
Con.g'd.aa.
Leh.&W.B.—
Hend.Bridgc Co.— Ist, 69. 107
98
99
Am.lJ'kA Imp.— 58,1921
Ist M.L.,78l 108
H.A ex
335
C—
&
128 Hi
120
&
&
Hou3.E.&W.Tex.— lat.78
1
ll.Cen.— Isl g. 4s, 1951...
Spd.Dlv— Up. 6s, 1898..
MiddleDiv.— Reg., os...
136
1st, console 78, 1897..
lao
122
2d, 8a, 1907
108 Hi
Gold, 68, 1951
l8t,S.Minn.Div.,69,1910 119
119H!
Dub. & H
2d Div.,78
131
Ist, H. & 1)., 7s, 1910
Ced. P. it Minn.— Ist, 7s
"122 Hi 125
Cbic.&Pac.Div.,6s.l91(l
Ind.Bl.&W.— 1st, preJ.,7s
llO'j
lst,Chi<;.it P. W., 59,1921
lat, 5.6s, 1909
108 109 H
WlD'lPt. DiT.,5s, 1910
2d, 5.68, 1909
C.& L.Sup.Div., 68.1921 108 Hi
Eaatorn Div.- 68, 1921
W1S.& Miii.Uiv..58,19al 100
Indianap. D. &Spr.— lst,7a
107
Tennlual 03, 1914
107 Hi Iut.it (It. No.— lst,68,gold
Fargo i ^o. 08, A88U.,'24 121
Coupou,69, 1909
Ohic. & Noi-tliwest.—
Ken. Ceut.—Stmpd. 4.p.c.
Consol. bonds. 7s. 1915. 1411a 43
Knoxv. & O.— l8t,6.3,192o
ISoHi Lake Shore & Mich. So.—
CouiHin, gold, 7s, 1902..
l8t,7s,I.* D.Ext.,1908
C—
Reglat'd. gold. 78, 1902.
Clove. P.
Sinking fund, 89, 1929..
Sinking fund, 5.8, 1029.
108 ^
107
117 14
133
137
130
127
126
111
109
107 Hi
EscauabaL^ I,.y.— l9t,8s
Dea M.itMiu'ap.— lst,78
140
Iowa Midland — lat, 8s.
Peiuusula— 1st, conv.,73
iso"
Cbic.&M ilw'keo— l8t,78
Win. & St. P.— lst,7s.'87 1043,
132 Hi
24.78,1907
* St.P.— lat.Ss
Nortb.Ill.-lst 6s. 1910.
C C.Ctlnds— l8t,7s,8.fd.
Consol. 73, 1914
Consul, sink. fd.,79.1914
General cousol., 88,1931
Calo. St. P. Min.&Om
Consol. 6s, 1930
C.Ht.P.&M.— Ist59,1918
No. Wis l8t, «s. 1930.
116
109 Hi
109
124
128 S
133
..
Col. H.Val..6.
Tol.— lst,5
* W.— 7s,cnTiv.,'92
"8'y-<g
'113
lat, con., guar., 78
K. Y. Lack.* W.— l8t,68
ConatrurMon. 59
ibs'
108
128
105
109"
lllHi
105 H)
"94"
83
95
110
120
112
coup,, lat, 78.
reg., lat, 7a..
coup., 2d, 78..
127H1
llO-'s
H.
ibi"
Con.sol.,
io2%
106
"87
71
Peoria Dec.
Hi
Paciac
llOHi
124
llQi,
132
130
131
1231,
1'24
l'~'3Hl
89 'f
Hi
.'i
112
119Hi 120 Hi
1)0
114
100
101
9!li<
88
84
98
84 Hi
80
95
;.e?«ist,88,191
101
N.Y..ltM.li'h-lst.7.9,'97
"
N.Y.B.t*M.B.-lstc.,
Mem. &(;?ha8.— Oa.gld, 1 92
lUHi
98'.
91
vSO
115
102
108
Metim. Kiev.— l8t,6a,1908
132
•2d,88,1891i
1341a 136 Hi Mex. Cent.— l8t, 7b, 191 1
121
12!"
1st, M., 78, ex-cp.,6,7, A8
N"»w a«8(Mitod. 4a
»35
•S3
.No prices FriUay
;
i
i'l's"
107Hl lis
i'19'
119
121
118
120
120
I22>a
19'.".>
1091a 109'4
-84
85
75 Hi
77
2d, ext., 78,
nil
l(K)
1893
Equip'tbds.,7a, '83.
Consol. couv., 78, 190'
Gt.
West'n— lat, 78.'88 110
2d, 7s,
1093,
llOHl
•98Hl
1893
III.ASo.Ta.— l8t,ex.,«9
St.L.K.C.AN.— R.e.78
Omaha Div.— 1st.
117Hill8Hi
San Joaquin Br.— 6a..
1113,
We.3t. Pac.— Bonds. 89..
No. R'wav (Cal.)— lst,8s
So. Pac. of Cal.— l»t, 6s.
So. Pac. of Ariz.- 1st, 68
So.Pac.of N.Mex.-lst.Os
II51.J
79.
i'i'5'"
98
Trustee. Receipts
..
1898
Denv. Div.8s.as8.,'99
1161, 1163, West shore- Ist, guar., 4s
108 Hi 108=8 West.Un.Tel.— 78, 1900 ..
104 1, 106
7s. 1900, reg
1033,
N. W.TBlegrapll.-7s.l 90
1183, lid" Mut,Un.Tel...S.td.(>s,1911
104 •%
Col.C.A Ir.Co.— Ist.coii.Os
1193, 126" Tenu.Coal A Ir.— Cons. ,83
llOHi
118
So. Pltt.3.— l.st, 6s, 1902.
106
liiconic Knnda.
94
(Inierrnt pimahle if tnmfd.
113',
.\tl. A Pac— Inc., 1910..
112
Chic. A E. III.— Income
1133,
l':.T.V.A<)».-.Inc.,«3.1931
1st. console Us, 1910.
104 Hi
Union Pacitlc— 1st, 89..
Land grants. 7.3. '87-89
'93.
Do
Kanfl.
Pac—
53, 1007
1st, 63,'95
1st, 6s,
99 Hi
Clar'daBr— 68. 1910 •72 le
95
St.Chas.figo.- lst.89
Cal. A Oregon- 1st, 6s 104 Hi
Cal. AOr.- Ser. H., 8s. 107
No. Missouri— 1st, 78. 117
Laud grant bonds, 6s. 104 104 Hi W.St. L. A P.— Iowa div., 68
116
111
Q.A Tol.— 1st, 78, 1890
Han. A Naple.s— lat,7a
i'li"
UR.—
Cen. Pao.— Gold. 6a
6
H44 87
03
119
104
U9''„
119
"78'i,
80
98
90
22 Hi
22H
2214
'.121^1
.
C.Br.U.P.— F.c,7s,95 IO8H1
At.C.AP.— l9t.69,1905 104 14
104-34;
.
or.BavW.ASt, P.— 2il,iuc.
Ind.Bl.AW.— Con., incOs
Iiid'sDecA Spr'd— '2d,lnc.
29
106
Trust Co. receipts
Oreg. Short L. 1st, 8s 1033, 1041b Leh. A Wilkesb. Cool- ',i8
W.—
Inc., 7s,'99
A
87
Lake
K
Hi
Ut. So.— Gen., 78,1909
9?
81)
Sand' ky Div.— I nc.,1 920 -16
Exten., l8t, 78, 1900
Laf.Ul.A.Mun.-.Inc..7s,'99
Mo. Pac— Ist, cons., 8a. lllHi 112
— Iuc(une.. 100
124
Mil. L. Sh.
3d, 78, 1906
66
Pac. of .\fo.— lat, 63 .. i'oo'ie 1003, M.ili.A O.— l3t.lirf..dcbou
2.1. pref., debentui-es
113Hi 1141a
2d, 73.1891
3d. pref., debentures
St.L. AS.F.— 2d, 8s, CL A
i'ii" 'uih
4th, pref., debentures...
68. Class C, 1908 ....
114
lU-a .V.Y.LakeE.AW.— luc.Of
63. Class B, 1900
sa
Ohio So —'Jd, inc.,0s,1921
Ist, 8s. Pleice C. A O
PooriaD.A Kv.— Inc. ,19-21
Equipment, 7a, 1895. i'bs'
Kvansv.Div.— Inc., 192i
108 108'.
Gen. mort., 6s, 1931
Uoch.&Pitlsb.— Inc.,1921
So. Pac. of Mo — Ist.Os •lOB
76
Koine W. AOg.-Inc.,7s
Kan. C.t s.-l9t,ns, g 100
20
So Car. R.V.— Inc., 8s. 19.il
FtS.&V.B. ]!g.-.l9t,8s noo
st.L.A.AT.H.— Div. bds
Tex. A Pac— 1st, 09.1905
87
Isl.—
2d,
Inc
O'd
A
St.
Jo.
19051
Con90l.,6.3,
Free l.iitt.
38 Hi
Income A Id. gr.- reg
120
Gr. Rap. A Ind.— lal,78.
Rio G., Os, Aug. cp. on •61
1'28
lat guar. 7s, 1899
57 14
Do
ex Aug. cp.
113
lai T.>-. I,-,l. 7-. 1^99
41
Gen mort. .^ Ter, «-.
AtJ.Co.AW.— Ist, 83
—
AW
-if,
39 1«
34%
,34
100
30
M
40
.19
36
33
381,
66
.....>
.
1033,
131 i-i
1 13
A Ev.— 1st, 63
Sinking fund, 88,
Beg., 8s, 1893
Sandusk.vrii v.— 0.3,1919
Laf. Bl.
Louisv.N.Alb.cfeC- l8t,8s
Cons, gold, 69, 1918
Lou. N. O. & Tex.— l9t, 68
Manhat. B'ch Co.— 78, 1909
SO
1133,1
Evans.Div.— l8t,8s.l920| 109
PeoriaA Pek. U'u — l3t,83 108
1023,
19-22...
Erlo&W.— 1st, Os, 1919
Un.— 1st. (.8.
—
ibi" lOlij Panama— S.f.,8Ub.68,1910
105
117
87
N.O.it.Mob ..1.3t,6s,1930
HO
2d,69. 1930
113"'
115
E. H. AN'.— 1st, 63, 1919
-103
103 Hi
General, 83, 1930,
80
Pensacola Div.— 6.3,1920
3t. L. Div.— Ist, 8s, 1921 llii~i
53 ^.
2.1,3s, 1980
"Nashv. & Dec— 1st, 78
122H;
L.
Istcousol., 69. cp., 1933
1071a Kt.P. A nnl.— Ist. 59,1931
841,; 811a So. Car. R'v— l3t. 88, 1920
63
61
2d, Oa. 1031
IO7I4III17H1' Shonand'hV
l8t,7a,1909
105i« 10638'
58,1925
Collateral Trust, 68. .
Pens. ,t.\t.— l3t,8s, gold
Dakota Kxt,— 6a. 1910.
Min's
105
1><94 ...
Bellev.ASo. 111.— lat, S:
Bellev.ACar.— lst,8s, 32
Sf.P.Minn.AiM.an.— lst,7,
2d, 8s. 1909
95
loe-i,'
86
Oregon Imp. (To— lat, 63.
Oreg'uR R ANav.— l3t,88. 113
Debenture, 7b. 1887
86
reg., 2d. 78...
Tru9tbond9, 63,
10.40,09,1924
99
95
95 14 953s
68 Hi 7"
7.3.
114
913^
118
113
•25
(4cm.r,al. 6a, 1921
II8I4 Sodtis Bav.fe So.-.l9t,58, ff. 100 •«
N. Pac— 0. 1. gr.,l3t,on.,6s 118
72
Registered, 8a, 1921.... •1171,
Tex.Cmi.— 1 9t.8.t.,73,1909
72
Gen.. 2d, gold, 88. 1933.
1st, 73, 1911
99 14 99\
1108 Hi Tol. A0.C.-lst,g.,5s.l 935
No. Pac.Ter.Co.— lat,g..8s
96
Jamea Riv.Val.— lat, 63 108 108 i-i' Tol. P. A W.— 1st, 7s, 1917
100
N.O. Pac.-lst,es.g., 19201
Trust Co. receipts
62'-a 62=4
Norf. & West
Tol.A.A.AO.T.— lst,6s.g. 105 Hi
Oen., 6s, 1931
1091a
Tex. A N. O.— lat, 7a.l!iO.'>
New River— lst,6s. 1932 108 ilOHi Sabine Dlv..-lat,8s.l912
91
964 Va. Mid.— M. inc., 8s.l927
94
Imp. & Ext.— 68. 1934..
93
Wab.st.L.APac— (ien.,69
Adjustnit. M.— 73. 19-24.
68
97
Ogd. & LakeCh.— lst,8s..
Trust Co. receipts
88
Ohio & Mi99.— Cons, s.f.73 121 -a
Chic. Div.— 5a, 1010 ....
121'8
Consolidated 7s, 1898.
Hav. Div.-6a, 1910
2d,con9olidated,7s,1911 116
Ind'polis Div.— 8s, 1 921
80
IstSpringliehl Div.. 7sDetroit Div.— 6s, 1921..
in'*^3^
Cairo Div.— 5s, 1931 ...
1st, general, 69, 1932...
•71
Wabash— Mort. ,79.1900 110
Ohio So.— lat, 8s, 1921 ...
llOS
Oi eg'uA Cal.— 1 st.89.1921
Tol.A W.— lst,ext.,7a
1001,
97 'b 981,
1st, St. L. Div., 7s, '89.
Or..fcTran9c'I-.88,'f2,1922
MahoniugCoal R..-1 st,5s 104 "hJ
Long Isl. RR.— Ist, 79, '98 122
1st, consol.. 5a, 1931....
131
121
2d. income,
!11B
113Hilll5
llSij
112
.
118
118
118
121
101
N.J.— lst,69
60 Hi'
61
68
10734 108
I
1031.,
iV2
'
Consol.,
Consol.,
Consol.,
Consol.,
llS'i
'114
Bonds, 7.3, 1900...
780f 1K71,1901...
'02'
of
7i">;
Rlch..tDanv.— Con3.,g.,69 II8H1 119
107
107 Hi
Debenture 68,1927
N.Y.N.H.AH.— l9t.rg.,49 110 jn2
i
Det.M.&T.— lst,7s,1906 i'20
Lake Shi.re— Div. bonds 123
S.&N.Ala.— 8.f.6a,1910
Louiav. C. A L.— 63.1931
Mortgage, 7s, 1907
Byr.Bing.&N.Y.— l3t,78 1331^ 135"
Uorria & Kssex— lat, In 143
2d, 7s, 1891
Buff.JtErie.-New bds,78
Kal. &W. Pigeon— Ist.-
1-^7
2d,fls,1928
Del. L.
A., 7b
Cecilinn Ur'ch. -7s,1907
122
94
Chio.St.L.&P.— l9t,oon.59
Oillo.&W.lnd.— lBt,8.l.,6s
iio"
Oen'l mort., 63, 1932 ..
Ohio. .&st,L.— l8t,8s,191i
C0I.4 (Ireen.— l3t,8s,1918 ibs'
<fe
Cons. 7s, '98
1'28
Bt.P.&S.C.— l.st,68,1911l 'i26'
CMc.&.E.lll.— lst,8.t.cur.
Consol., Ist, 8s, 1931.
Midland
Loulsv.A Nashv.—
105 'a 106 s,
—
ibs'
6s.
N. Y. Susq A W.— 1st, Ost
Debenture, 68, lH97t. ..
C.St.L.*N.O.— 'ren.L.Vs 118
Ist, S. VV. Wv., 88. 1909.
let, 58, LaC.iS Uav. 1919
Ott.C. F.
N.Y.Ont.&W.— Ist.g.,
.
I
HiLi Mad.— lst.8s,1905
Trust Co receipts
N.Y.* N. Engl'd- l9t,78.
1st, 6s, 190°
N.Y.C.*St.L.-lst8sl921
Trust Co. receipta
1121a
2d. 68, 1923
.
Ist, Western Div., 7st.No., 7st ...
1st, Waco
2d, cuii9oI.,inain line, 8s
Geneial, 8s, 1921.
88..
N.Y.P.* O.— Pr.rn,89.'95
N.Y.C.&N aen..6s,1010
1.
J;
Sluk'g Id., deb., 53.1933.
25 years deb., 63,1909..
135
131
110
116
lilii,!.
St. P.—
Ist, «8, P. D., 1898
2d, 7 3.109, P. D., 1898. '1271a
Ist, 78, * g., R. D., 1002.
Ist. LaC. l)lv.,78, ls93. i'ii'
M., 78,1897... l'J5
lat, I.
128
181,1.* D., 7s, 1899-..
M.. 73, 1903... 132
Ist.C.
133
Conaol. 7s, 1905
Chic. Mil.
Ohio— New
.V.
Rich. A Alleg.-l.3t. 79,1920
Trust Co. receipts
118
79 1^
110
lllHi
Collateral trust. 8s, 1802
Atl..tCh.— Ist, pr.,7s,'97
l8t, Esteusion, 8a, 1927 i'o's'i-i
Incomes, 1900
Moigau'8 La.AT. — lat, 6s 111
Scioto Val.— Ist. cona., 7s.
]25
lat, 7.3,1918
St. Jo. A O'd Isl'd.— 1st. 6s
128
128H>
Nasli.Ch»t..,tSt.L
lst,73
St. li. A Iron Mt.— 1st, 7s.
2d, 89, 1901
'2d. 7s. 1897
N. Y. Central-63 1887 .. 1063,'...
Arkan.sas Br'ch— Ist, 7s
105
I10638
Deb. certfl., extd. 58
Cairo A Fulton— lat. 7s.
N.Y.C.LtH— l8t, cp.,78 139 Hi
Caiio Ark. A T.— 1st, 79
109 14 109 s
Deb., 68, 1004
Gen.r'y Al.gr.— 59.1931
1353^ st.L.Alton.tT.II.- l9t,7B
narlem- Ist, 7s, coup..
N.Y. Elcv.— l3t, 7s, 1900. 127 Hi 128
2d, pref.. 7s, 1891
—
2d, eslondcd. 63, 1919.. '112
3d, extended, 4 HiS, 1923. 112
4tb, exteudi'd,5a, 1920. 113
106
1211,
5th,7s,1888
Cblc. A Alton-l8t,78,'93
122 s,
lst,ccm3.,gold, 7s, 1920 134
bjnkliig fund, 69, 1903
1st, cons., fd. coup., 7s.
La. <S Mo. Riv.— l8t, 7s '119
U6ia
Heoig.,l8tlien.6s, 1908
2d,7s, 1900
Long Dockb'nda, 7a.'93
8t. L.Jack.* Chic- l.Ht 119'a'l21
I2I
Conaol. gold, 5a, 1935.
iBt. guar. (564), 7s,'94
B.N.Y.&E...lst,78,1918
2d, (SU0),7s. 1S98 ....
1271-.,
2d,Knar. (188),78, '98
N.Y. I,.E.&W.-N'w2d0s
10841
Misa.R.Br'ge- l8t,s.f.6a
Ex.runo. 18K0,coup..
Collilt'l trust. 6a, 1!)22
Chic. Bui-1. A: Qnincy—
1301a
Fund coup.. 6s. 1989.
Consol. 7.-i, 19(13
Bufl'.*S.W.-M.8s,1908
6b, sinking fund, 1901
i08"it !08'i Ev.
T- H. 1st, cons., 6s 119
5s, df benture.-*, 1913..
Mt. Vem'n— 1st, 6S.1U23 li)8
la. Div.— 1<. Id., OS, 1919 'Ilia,
Sinking fund, 4s. 1919 101
Evans.&Iudps.— 1st cons 112
Fl't* P.Manj.- M.83,1920 117H)
Denver Ijiv.— 4s, 1922.. 101
85
Plain 4s, 1921
Ft.W.& lien.C— lst,8s...
C.B.I.A P.— 6.8, cp., 1917.
Ext. & Col., 5s, 1934....
Keok. & 1)08 M.— Ist.Sa
Cent, of N. J.— 1st, 7s, '90
l8t,cons.as8ent. 7s, 1899
Mobile
1st, 88,
29'.
1904.5.8
Cons.. 2d, income. 1911.
H.&Ceut,Jlo.-.l.st,7s,'90
il2
•38;
those aro latest quotations
7
W-i
14
made
this
week.
t
Coupons
off.
ni
23
33
88
\'ii
133
l-!0
.
Jl-NE 13,
.
Loeal H«enrltl«M.
COM PAN IKS.
HKIOB.
lira
OOMPAMIKS.
Par.
Bid.
Ask
60
!^6
KiO
100
36
36
H.>
ll7
145
170
IV 5
ISO
177
1«7
1^5
not NatlnnftL
SSCUKITIKk.
Rt.J
PKICK.
Par.
725
BM.
BUHTWN.
4 Topeka— Ist.Ta
Atoh.
137
r.an.t grunt, 7s
Gimrantend, 7a
100
lUO
nerton"
Ansr. Bxohanss...
anmdway
A Drov's'
35
100
100
35
Otiatham
100
Ohoiulcal
25
UlUzena'
100
Oily
100
O Hiiin*»r''»»
100
OOIltlillMlI.lI
100
Com Kxrtmnge*
35
EaHt Uiver
35
Rlevnnt.li Ward*
100
Fifth Avenue*
100
Flr»t
100
Fourth
ao
Faiion
50
Gallatin
luu
Oaillehl
Gortuan American".
75
Oormanla'
100
Oli<!'!lWlch' .^
35
100
H:uuiver
100
Imi). A Trader*'
Irviujf
60
Lwjilher MaimrrH*.. 100
Uanliattau"
50
Malket
100
M''cliAnlc8'
35
Mt'(!haiiic8*& TradB'
25
duioherH'
Central
161
i^5>a
American
Amer. Kxohanfe..
Bowery
Broadway
•16
OliHoe
Mercantile
100
loU
Brooklyn
17
Cltluina'
180
Oily
Clinton
iVo"
Commercial
Continental
176
110
Eaicle
BninlreClty
ExclianRB
FarraKUt
Firemen's
itsr
,
German-American
l'Jl>
133
Oermiiuta
Globe
108
Greenwich
Guardian
Hamilton
Hanover
ISO
!qU
lOtI
ll'O
Howard
150"
Jefferson
KinRs O'nty (Bkn.).
KuU-kerhocker
.27
Long Ul'd (H'klyn)
15U
101
163
Manufao. A Build..
Mech. & Traders' ..
Mechanics' (Bklyn)
Mercantile
Merchants'
vii"
60 lis
Merchants' Rzch...
60
61
Metrojtiilitan
100
NaMrtau'
50
New Vitrk
100 IDU
New York Conn^y . 100
N. Y. Nat. Bxch.... lOU
Ninth
100 IIG
North America'
70
North River'
30
Oriental'
2S
Paclllo60
Park
100
People's*
25
Phenli
20
100
BenubUo
8t.Nlchola«*
100
Seventh Ward
100
Second
100 200
Shoe A Leatltor
100 136
State of New York- 100
Thlnl
100
Tradesmen's
40
Doited States
100 1 01
17
100
SO
50
35
100
,
Home
Mii
lo5
Moutauk (Bklyn.)..
Na^nau (Bklyn.) ...
Meretianlfl*
National
N. Y. Kqultablo
N. Y. Fire
Niagara
North River
...
{
'lOO
Utt
103
125
K«
S50
es
279
Phenli
Kutger's
Standard
130
lit,
76
114
\»6
140
75
I'JS
220
02
95
KV
85
lIU
lO
H)
1'20
50
oa
"0
60
110
87
115
100
ISO
03
15.^
It;:.
IS
160
1-5
V5
MS
ISO
105
KI'J
ItO
100
ISO
1U4
137
Kill
lli3
lis
110
140
125
104
l'.iO
11)0
65
80
UO
"56
107
3S
25
10
60
I
133
115
'.ilO
iioo
llOO
'
1)0
70
'J5
....
125
1.0
110
auo
20
60
50
36
60
Westchester
WilUamsluirg City.
tfA
lU
!
Star
35
vto
345
ISO
138
70
IIH
Park
SterlluB
Stuyvetiant
United States
I'iO
30
31U
2 Si
85
16
Peter Cooper
loa
lis
117
50
100
40
30
20
SO
60
100
35
60
60
60
50
SO
37 Hi
35
100
60
26
Pacillo
People's
U5
30
70
100
60
100
iO
100
SO
60
113
135
125
HO
230
245
ISO
MB
,
Trilit, Us
(Ga» Quotations by OKO. H. Pbektiss
*
Co., Brokers, 49
1.^
,
Mori..
Cam.
,
Intomcs
J97H,
Street.]
Brooklyn
G.-',«.Ijrht
.
Cltiiena' Oa8-L.(Bklyn)
Bonds
Par.
25
20
1,000
Con.HoUdated Gas
100
Jersey city & Hoboken.
20
Metropohtau— Bonds ... 1,000
Mutual (N. Y.)
100
Bonds
1000
Nassau (Bklyn.)
25
Hcrip
?i)oole'8 (Bklyn.) .......
Bonds
Bonds
WilUarasbnrff,.
50
Bonds
1,000
Metropolitan (Bklyn.)..
Municipal— Bonds
100
1,000
Vnltou Municipal
100
Bonud
'ibo
1.000
B>nds
((Juotatluns bj
I'oker.st.A Fult.F.— Stk
let mort
Br'dway & 7th A v.—St'k
1st mort
2<1 mort
B'way Hnrfftce bds.gua''.
Bomlsguar
Brooklyn City— Stock.
mort
Bklrn. Crosstown — Stock
Ist
Ist mort. bonils..
Bu.iliw'kAv. (Bkluj— St'k
Central Crosslowu— Stk.
,
lat mort
Cent. Pfc.N. * E.
Rlv.-Stk
Consol. iiiort. bonds
Ohrtsfph rdtlOth St— Stk
Bonds
Dryl)k.E.B.& Bat'y—stk
1st mort.,consol
Scrip
BIghth Av.— Stock
Strip
«2d <fe Gr'td St.F'ry— Stk
1st mort
«2d St. Manh.dt St.N.Ave
1st moit
2d mort.. Income
Hou.i t. W.St. JtP. F'y-Stk
Isi mort
Ninth Ave
8e;oud Av.—Stock
Iftt mort
Consol
Sixth Av.— Stock
Ist uiori
Thlnl Av.— Stock
Bonds
Twenty -tliird St.—Stooji.
mort
Sate.
Period
2,000,,000 Var's
1.200,,000 Var's
May
5
3
6
Ask.
Bid.
*
S,'86 112
11.-.
80
75
104
35,430 ,000
SHl Dec.15,'85! 7a
756 ,000 Quar. 213 May 1,'86 153
1114
70U ,000:F.& A. 3
1902
3,500 ,000 Quar. 2'i Apr.10,'86 110
1,500 ono M.AN. 3
1103
1802
1.000 ,000, Var's 2 lAtr. 1,'86 112
700 .000 M.cfcN. 211 Nov. 1.'85 101
1,000 .000 Quar. lia Ju'6l5,'86 70
400 ,000 M.&N. 3 "a May 1,'86 102
IDO ,000 A. at O. 3 Apr. 1.'86 100
1,000 ,000, Quar. 3 Apr.20.'86 13i
1,000,,000 A. (&0. 3
1900
{112
1,000,,oool
3
Jan. 1, '86 CO
750 ,000 M.AN, 3H1
1888
105
260 .000 A.&O,
Jan.
1, '86,
107
80
I
i
3,000 ,000
300 ,01)0
Bq'.iaabLe
Ist
Var'p
10
1,000
Var's
Amount.
A
*
I
>vf
C
.
-
—
—
3u>a
2d series
STOCKS
Boston
Boston
4
4
4
Bo-^ton
Hevere B.
Bostfiii
_ >• 83
84
,M|>9)4 190
Lowell..........
Massachusetts
—
'8«\i
W,
71
4
4'a!
21
.
Concord
lOlia
Oonnecticnt Hlver
184
Conn. 4 Passnmp^lo
Det. Lansing 4 No., pref.
109
Eastern
91
9iS
Pivchburg
Vi^\
Flint 4 Pere Marquette.
22
Preferred
94'a
Iowa Falls 4 Sioni City. •..
69
Kan. C. Clin. 4 Springrd .,
Kan. City Ft. S. 4 0uli..
!
2,000.,000
1,000,,000
6
I
1899
4
Jan., 1886
July.lHOOilU
32
118
Jan., 1886
165
0,01)0 J.
0,0(10 J.
COOO J.
* J.
J.
J.
0,000,' Q.— F.
0.000 J.
I.
HO
Jan., 1P02 106
Apr.,18.S0 160
Jan.,1888il05
May, 18.>i6 140
Apr., 1886 100
NOV..1922 115
&0.
0,000!J.4 J.
0,000! (i.— F.
0,000; Q.—J.
M.4N.
O.OOOl Q.— J.
0,0(10,
1
Uec.,la02 120
May, 1886 130
4
Oci..
..-.
112
Feb.. 1914 103
\pr., 1886 200
Feb., 1914 107
May, 18861236
June,
F4
'93
4
,
I
O t.
Champlain
4
Falls
Portsra.
4
40(H)
20
'167
133
167»«
Summit Branch
Wisconsin Central
18>g
Preferred
Preferred
4
4 sch. Haven...
Noaquohoulug Valley
Norfolk 4 Weat'n— Com.
Mlnehill
Preferred
Northern Central
North Pennsylvania
Pennsylvania
Philadelphia 4 Erie
Phlla. Ger. 4 Norrlstown
50
60
BO'S
•-„.
85
22
26
30
7s. cp.ofr, Jan.,'35,
7
103>4
sunbury 4 Erie— let, 7b.
Snnk. H»i. 4 W.— lat, 58 ;•--- lOS^a
4
'02
,
78.;
;--,;'
Pac-lst, 68,1905 l"'^
"S
.
Union 4 Tltusv.— l8t, 7s.
United N. J.—Con8.88,'94
I
Cons. 68, gold, 1901....
Cons. 6a, gold, 1908....
Oen.,48, 1'Old, 1928. ...I
,--}<'<
Ist, 7b, 1899
Cons. 68, 1909
}fS
1'"
Warren 4 P.— Ist. 78, '96 1U4
WestCiester -Cons. 7s..| J}^
W.Jersev- lst,6e,cp.,'96i '17
86
83
105
68, P. B.,
1896
114
'
Gen., 7b, conp.. 1901
CANAL BONDS.
,
i'lo'ii
180 •«
00
Hi"
0S>1
Atlanta 4 Charlotte
100 160 166
Baltimore 4 Ohio
130
Ist pref
12^'4 - 2d pref
7
5
60
Parkersburg Br
63
6S
50;
Central Ohio—Com
"•• S?
Pref
10
11
50
Western Maryland
,
46
4i
63
I
RAILROAD BONDS.
Atlanta 4 Charl.— let. ... 124 >«
69
J0i>«106>a
Inc
1U5S
66 >, Jlaltlmore 4 Ohio 4s
65
66
Cen. Ohio.—68, lst,M.4S 108%
Charl. Col. 4 Aug.— Ist.. 116
112
3d
81
Cln. Wash. 4 Bait.— laU. 104 <i 104%
63^ 63 >
80
3d8
33
8«
'MS
SdB
35
1st Inc., 6b, 10.S1...
135
Columbla4 Greenv.— IbU il2\
97 >a 88 >•
3d8
liU>8 U", No. Central—4 "as, J. 4 J. 109
—
Newtown 4 N.Y..
!...
Phlla.4 Reading
Wllm. 4 Bait
U I It Hi N. J. Companlea.. 331
Phlla.
68,1900,
4
Atlantic.
CANAL STOCKS,
Schuylkill NaT., prof...
RAILROAD b6nU8.
Gap— let, 7a,
B»,1906
•Bx-dlTld«Bd.
18
110%
117
lOlV
I
—
,134
I....
t
109
1341.
4 Tens.— 68 ....
88
W.Md.— es,
10
110l«
128
llOS
RR.— l8t.raa.J4J
Virginia
123
116
tParahara.
131 <a
4 J....
Canton endoraod
7
.
110
106
I
6a,Serl8s A
68, Series B
Pttt8b.4Con'ell8.— 7sJ4J
60 >8 Union
1898.
A.4
68, gold. 1900, J.
67
46 \
Lehigh Navigation
BoU'a
This oolOBUi suowa laat divMend on itociu, but date o( matonty of 6oiid>,
87
07
BAI^TI.MORK.
RAILK'D STOCKS.tPar
Phlla.
Wt at Jersey
West Jersey
io3'>«';:":;
1
...
;114
113
»I8
J41
58
65
66 'i' 67
Little Kclinylklll
;23.>
1
4
28^1
Allegh. Val. -7 3. 10s, '86
78. K. ext., 1910
Inc. 7s. end., conp., '64
Bait. 4 O.K. Side—CertH.
BMvld'e Del.— l8t,6s,1903
8d, 68, 1887
,210
lllS
1303
2'<
Broad Top
Preferred
:'..'.",
l'^5>« 1-27
Lehigh N8v.—68,reg. '84. 1'3
Mort. RR., reg.. 1897 .. 117
Cons., 7s, reg., 1911
89
Pennsylv.—6s, CO., 1910..
Sohuylk. Nav.— lst,68,rg. 1U3
70
2d, 68. reg., 1907
t
Preferred
iVijii
135', 127
,.„,
18>4 Che8.4Del.-l8t,6B.1886l JOJ"! 103 >4
30
Delaware 4 Bonnd Brook
East Pennsylvania
Eimira 4 wlUlamsport.
jlU
I
J'*
3U<>B
29
8
Buffalo N.Y. 4 Phil
Preferred
Camden 4 Atlantic.
Preferred
Oatawissa— lat preferred
2d preferred
'Sia.
I?", 187
J
108%
W.Jer8ey4Atl.— l8t.6»,C. ;"ii" Western Penn.— 6s, conp. 'V°^ 108 ^
11''''
Con'y
Preferred
lat.
*
40^
Rutland
Lehigh Valley
117
39
112
60
130
116
130
201 «
108
35
109
1910
D.OOO M.4 8.
D.OOO J. 4 J.
1915
50
D.OOO H.— F.
Feb.. 1886' l'J5
D.OOO J. 4 J.
1894
113
D,000
Oct.
ViO
2,000 J.
J.
Jan., 1886
D.OOO ;M.4N.
1910
106
D,0()0|iM.4N.
May, '88 105
D.OOO V. 4 A.
Feb., '86 200
July, '90 110
D.OOO J. 4 J.
Feb., '86
D.OOO <J.— F.
'90 111
iJan.,
D.OOO J. 4 J.
3,000 Q.— K. 2>alMay, '86 225
May, '93,112
},000 M.4N. 7
Ports.
Huntlng'ln
223
110
243
April. 'USJ112
....
L.
Old Colony
Portland saoo
UO
135
116
180
\\S
107
1898,110
May, 1886
88
Worcester...
112
\S0
165
120
lUi
125
Apr.,lH.'<6
D.OOO J. 4 D.
D.DOO Q.— F.
D.OOO A.
0.
D.OOO Q.-F.
D.OOO J.* D.
D,()()0 F.4 A.
D,000 «.-J.
0.000
A.
IJ.OOO (1.-F.
8,000 A. 40.
D.OOO,
100
100
UK)
110
1905
lay, 188(1
4
0,000 A.
29
June. 1904 103
1914
100
1924
&
&
4
Ogdensb. 4
Norwich
Vii
;,"•'
liO
,,„,_lis
Deferred iucorae-H. cp...' "s
Phll.WII.4 Bait.—48,tr.ct| 108
Pitts. Cin. 4 St. L.— 78....' 124
30
Pitts. Titus. 4 B.—78,cr.,
Shamokln V. 4 Potts.- Tsl 124
Consol.,68, 1905....
36'4
131
PHlL,AnELPtllA.
RAILKUAI) STOt:K».
J.
J.
J.A
126
36 H
86
6'»
4 New England...
Conv.
tix.
Worcester Naah'a4 ^^och il33>«
0,000 Q.-J.
0,000 J. AD.
(),000
36
Maine Central
Nashua 4 Lowell
....
no
I
IM
l.<3
13'i
1
2d, 68,1938
Sjrr.Gen.4Corn.— iBt,
4 Mem.
Ft. Smitb.
Northern
H. L. Gbant, Broker, 145 Broadway.]
0,000 J.
4
Preferred
1113
V.&A.
Kock
Little
N. Y.
lUO
J,
.1. <fe
Preferred
Kan. C. Sprlugf.
100
|
•"ir
4 Canton.......
4 Cln
11.1
91
3d, 7s, coup. 4 rcK. '.893
Cons., 78, reg., iwll
Cons., 7b, oooPm 1911 ..
Cons., 68,K., I.R.0.10111
Imp., 68, g., conp., 1897;
Gen., 68, g., coup., 1908.
Gen., 78, conp., 1908
Oen., 6s. scrip. g..o|>.'S.'!
Perk., scilp,0.i.g.,ep..'^5
Income, 7s, coup.. 189*)
Conv. Adj. Scrip, '85-t-9,
Con8.5sri8tBor.,c.,1922l
Cons. 58,2d8er.,o.,l933j
Debenture <»>up.. 893]
Conv., 78, R.C., 1893.. «j
"Jh
Preferred
Cheshire, prelerred
fUic. 4 Eaat'u Illinois ...
cue. Burl. 4 North'n
Chic. 4 West Michigan..
Clnn. Sandusky 4 Clove.
I
Istmnit.l'aa, cp. 1910
Lynn 130
California Souiliorn
C'enirnl of
,
10S»4
109',
51
Con8.,6a. 1930
114
Cons.. 58, 1930
PhUa. Newt. 4 N.Y.— lat
Phll.4 R.— lst.es, 1910
•193
11)3
Providence...
4
\
134
Muine
,,„
1"9
101
Perklomen—I8t,e8,cp.'«7 jUOJi
Pbll.4Krle-lBt,78.cp.'88 108i% 1004
1
Atchison 4 Topeka
Boston 4 Albany
105
115
110
150
109
130
W
I
PrefeiTed
Mexican Central
;Apr.lO,'86'l45
105
190U
2"a Apr. 1,'86 1'iO
3
5
110
.
Marq. Uoughi'n4 Onton.
143
115
in
—
,
117
4
In.HU
BU
66
Cast Peon 1 at, 7a, 18MH
aaa.— 6fl, new.. lai
Baaton4Anb'r— 6b, WiO
Frem.iak ll.4Mo.V.-6a
13S»a ...
KL4Wmsp't-l8t,eB, 1010
Fori Hcott 4 O.— 7«
K.
,120
6b, periMitnal
113
....
K. Oily l.awr. 4 so.— 61
llarrlBb'g— lst,eB, IRgS
K. City St. Jo. 4 C. B.— 7i 136 )«'
H.4B.T— Ut,7a.K.,1890
K. Cltv sp'd 4 Mem.— fl. 110>vin
Cons. 6b. 1895
f .C. Chut. A sprlngf.-6s {106 Si
Ithaca4Ath.-lst,Klil.7s
Little It. 4 Ft. H.— 7«
115>a 1I6H, r,eh.V.— lst,eB.C.4R.,'9H
9I'\
Mar. 11. 4 Ont-1923, e>.
3d, 7b, reg.,1910
83 H,'
Mexican Central—7s ....
Cons. 68, C.4 R., 1033..
Jf3>* ;is>a N. O. Pao.-lst.ea,
4a
1920.
«•» So. Ponn.-3d.78,
6
Income
op. '96.
61
63
Scrip
Gen., 7b, 190S
63
r>5
I'ebentnre, 10s
Debenture 68, roc
12V
12aS Norfolk 4 Weat.-Geo..es>
N.Mei.4 8o.Pac.-78
N. Y.4 N. Kngland— 7a.. 1-21.^
N. R. DIv., iBt, 6B.I932
1".9'«
ll«'8
da
N. Y.Phll.4Nor.-l»t,6a
110 illb^
3da, 68,
Inc.,68.1938
Ogdensb.A I,.Oi.— Sa
Oil Oe<!k—lsl,6B, conp..
"y
96
96
Consolidated 68
Pennaylv.Gen.,6s. reg
S'li*
30
Incomes
Gen.,eB,ap., 1910
Vi9W Cons., 6s, reg., 1906...
Paebln4 Ark. Val— 78..
i'lo"
Bntland— 1st 68
ipu«
Cons.,
es, coup.,
ij,., 1905...
90
68
Cons., 68,
reg., '1919
104 (^ :04ia Pa.4N.V.
Bonora— 7b
0.-78,1896.
8->8.,
Wlscoi sin Cent.— 1st ser.
7,1906
Kaa) ru,
US
111
IJ.1
All.- ut,78;«.,'M
1!9
»>•.
S6
"78, con. c.
83 s 8k
New
oonp
104 >s 104(4 Vonneot'ir6«,in>., 190004
:oti« DaL
104
Bound Br lst,7«
|
SAB COMPANIBS.
4
6«, 1904...
Cons.. 6 p. o
Catawlaaa— lat,
7a, r«(.
3rt.
j
Wall
C..-
103
Bntr
100 S Cam
,
PiereiT>*d
Col. Sp iiigt.
Uaa and City Railroad Stocka and Bonds.
lUO
101
lotf
Oa nop -exempt
4s
I.snd giant, 7a
Cnlitoriiin So.-fla
(Vtiis. Veiiiiont>5a
Chic. Bnrl. 4 No.-5«
Chio. K. r. 4 Weat'u-Sa,
no
l.-lft,aa
3.V
10-1
Biir.4.>io ln.Veb.-Ex't,6a il23
Cleveland
i'lo'
Bun
123
M<tit«Age, 6a
fniitlnaad
'!.»
I25^|l
Morlgugn, 4<a«
Baltlnora.
•SOUKITim.
Ball's (lap
I"aiii. .Is
A
Md
({noUtioni in B4Mtii», HkllMlelpliU
InaiirHyiM Mlcek Mai.
(PrtoM by B. s. Ballay, b>% pma
Hnnh Mtoek Mat.
(>
,
THR CHRONKJLE.
ISSfl.]
N«w fork
tCkrkutl tiiut
.
4
4
WUm.O.* A-og.-aa
WU. A Waiow-Aa
7a.
In dalftslt.
<
107
4
Ist, g., J.
J,
J
3d, rrof.. J.
Od, {.'BW. by W.Co.^ .4J
J
68, Sd, guar., J.
104
104
V,
>g
:::T.;iSi118 ...-„
113
LMt prto* tbla
week.
..... .
—
.
1
.
ff
,
.
THE CHRONICLR
P726
New York
BAILBOAD EARNINGS.
[Vol.
City
XLH.
Banks.—The foUcwing statement shews
Banks of New York City for
the
the
condition of the Associated
Latest Earnings Snorted.
Roads.
Week or Mo
1886,
Jan. 1
1885.
to
Latest Date.
1886.
week ending June
&
1,261,479 1,297,825 4,490,441
410,587
109,183 130,336
Bait. & Potomac
51,000
47,000 1,024,654
BiifF.N.Y.& PbU. Istwk J'ne
445,024
24,993
13,256
Buff. Eocli. &P>tt 1st wit J 'nc
975,047
49,233
53,993
Bur.Ced.K.&No.iSdwk May
CanadianPaeiflc istwkJ'ue 201,000 159,000 3,419,581
19,344
519,787
22,528
Central Iowa... istwkj'ne
317,162 290,002 1,189,726
Cliesap. & Ohio. April
262,936
55,688
65,743
EllzXex.&B.S. April
493.971
124,071 119,244
Chee. O. & 8. W- April
Chicago & Alton |4tliwkMa3' 149,968 143,184 2,865,561
1,952,740 2,065,070 7,393,150
Chic. Burl. & Q. April. ..
36,434
30,354
657,109
Chic. & East. 111. 4Uiwk May
Chlo.Mll.&St.P. iBtwk J'ue 466,000 436,921 9,041,000
651,300
8,714,532
716.000
itliwkMay
Nortliw.
&
Chlo.
157,500 159,800 2,184,313
C9i.St.P.JUn.<S.O. 4thwk Ma.y
34,173
31,081
528,948
Chlo. & W.Micli. 4thwk May
59,575 1,007,705
65,932
Clln.Ind.8t.L.&C. 4thwkMay
39.035
995,657
May
45,638
&T.P.
:j<l
wk
N.
O.
CIn.
13,388
434,120
18,477
Ala. Gt. South, 3d wk May
244,063
8,7,57
9,175
E.
wk
May
N.
3d
on.
&
N.
5,108
193,990
7,780
Vioisb. & Mer 3d wk May
4,725
159,965
2,944
VicSs. Sh. & P. 3d wk May
35,056
764,016
46,341
Cln.Wash.&Balt 4thwkMaT
12,209
194,008
13,526
Clev.Akron&Col 4th wk May
22,773
98,505
27,336
Clev. & Canton. April
'
253,272
246,823
1,145,847
Ind
April.
CleT.Col.C.A
866,581
174,930 167,941
Col. Hock.V.&T. May
16,230
62,167
16,559
Danhury & Nor. April
Denv. & Rio Gr 4thwkMay 160,143 1.50,106 2,304,047
78,445
365,038
78,945
G.
May
Denv. A E.
7,29
121,097
6,077
Dee. Mo. & Ft.D. 3d wk May
20,648
480,550
19,583
Det.Lans'g&No.ls-t wkj'ne
277,376 276,698 1,286,817
E.Tenn.Va.&Ga. April
278,322
17,510
15,749
H.|4thwkMay
Bvansv. & T.
49,011
904,438
56,254
Flint & P. Marq.lithwkMay
30,923
109,797
35,582
Ft.Worth & Den. AprU __
Grand Trunk . WkMay29 315,818 277,944 6,130,197
23,318
30,852
Gr. B.W.& St. P. April
746.385
153,000; 116.103
GnUCol. *S.Fe. May..
m.Cent.(m.&So) 4thwkMay 226,900' 229,364 3,941,812
2,295
59,730
3,500
Cedar F.&Mln. Ithwk May
19,282
340,400
21,900
Dub.&Sioux C 4thwkMay
14,566
230,004
15,500
la. Falls &8.C. Ithwk May
40,900
36,143
630,133
Tot. Iowa linef 4thwkMay|
267,800 265,507 4,571,945
Total all Hues 4thwk May
39,492
934,064
55,289
Ind.Bloom.&W. 41hwkMay
23.122
151,844
26,867
Ind. Deo. & Spr. May
42,344
42,150
920,748
K.C.Ft.8.&Gull. 3d wk May
^8,848
533,303
28,302
Kan. 0. Sp. & M. 3d wk May
4,024
78,953
Kan. C.Cl. &Sp. 3d wk May
184,655
36,960
L.Kk.&Ft.8mlth April
43,506
16,989
111,512
L.Rk.M.RiT.&T. April
23,107
72,171
69,554 1,003,113
liOng Island
Ut wk J'ne
312,609
LouJs.Ev.&St.L 4thwk May
19,700
Lonlsv.&Nashv. 4thwk May 285,735 347,469 5,198,772
86,161
521,468
Loulsr.N.O. &T April
94,470
8.
F.
April
April
.
,
1
4,824,406
445,488
915,886
473,049
1,104,726
2,776,91:5
499,909
1,069,781
213.318
475,476
3,047,736
8,298,579
625,588
9,183,380
8,682,610
2,040,363
484,636
970,348
W
.
Maine Central. March
242,550 221,564
32,427
41,050
96."""
98,994
62,072
•Mexican Cent'l. IstwkJ'ne
61,400
*Mex.N.,all lines April
147,828 131,680
22,460
MU.L.Sh.&West. IstwkJ'ne
51,100
Milwaukee & No 4thwk May
14,955
15,875
Hlnn'ap. & St.L. April
110,519 151,255
122,653
Mobile & Ohio
135,365
May.
Kash.Ch.&St.L. April
172,812 165,381
VN.Y.C.&H.R... April
2,049,000 1,816,000
W«st Shore.
April
314,000 1 05,000
13,524
17,439
H. Y. aty & No May 21-31
N.Y.L.Erle&W.. April
1,418,702 1,201,648
393,18"
Y.
Pa.
&
O
April
474,490
N.
H.Y.&NewEng. April
314,504 262,102
N.Y.Ont.&W.. IstwkJ'ne:
24,646
24,99
H.Y.Susq.&West April
90,332
87.316
Norfolk & West IstwkJ'ne
43,45L'
44,279
411,39';
450,010
Northern Cent'l April
Paclflc
901,100
Northern
952,839
May
270,19fOhio A Miss
288,964
April ....
31,159
31,845
Ohio Southern.. May
230,768
Oregon Imp. Co. April ....
198,241
464,00ti
339,461
Oreg.R. &N. Co. May
172,024
117,671
Oregon Short L March
Pennsylvania.
April
3,862,617 3,704,890
246,71"
266,141Phlla.&Erie.. April
2,177,97'2 2,343,973
Fhlla. & Reading April
Mar.Hough.ifc O.
Hem. &
4thwkMay
Charles. April
.
.
1
Do
C.
& Iron
1,093,60; 1,179,970
April. ...
Blohm'd &Danv. Mav
276,401
&Ang. May
Columbian Gr May
46,34-i
Ch.Col.
28,76h
62,377
Georgia Pao.
April
Va. Midland. May
West.No.Car.. May
Borne Wat. & Og. March
St. Jo.
117,02.^
32,9St;
& Gd^Isl'4fhwk May
Bt.L.Altor&T.H 4thwk May
Do Branches. ItliwkMiiy
Bt.L.&San.Fran. 1st wk J'r.e
Bt.Paul&Dulutb IstwkJ'ne
Bt.P.Min.A Man. May
Scioto Valley .. April ....
South Carolina. April
261,152
G.W.Tex &Pac April
Tot. ol all
Texas &Pacifl(
j
35,19
429,795
48,090
71,582
Eo.Pac.Comp'yGal.Har.&S.A April
Louis'a West.
Morgan's r.&T
N.Y. Tex. & M.
Tex. iSi N. on.
Tot.At.SysteuJ
Tot. Pac. Sys.
152.827
27,704
30,630
17,930
75,200
3,751
63,166
362,545
11,959
92,575
795,148
April
April
April
April
April
March
March
.
2dwkMay
l,782,00i
2.409,122
100,346
Louie 4th wkMay
30,939
Dnion Pacific... April
2,113.440
Tex.
&
St.
Wab. St. L. &P. IstwkJ'ne
fWest Jersey.. April
'W'*'conplTi
*
''^*>nt*'
Mny
....
227,000
102,366
114.646
292,077
46,286
35,617
48,588
119,339
30,437
123,287
15,63';
25,529
16,437
67,280
28,785
489,542
68,846
233,472
4,971
50,051
321,805
MoiK aL cunency.
Phenix
caty
Tradesmen's
Fulton
Chemical
Merchants' Ezch.
OallatiB National
1,073,984
879,059
60,322
2,207,096
342,117
134,610
471,285
1,340,878
273,519
774,388
110,437
5,731,356
472,878
4,371,624
47,790
332,920
232,225
612,935
4,984,560
893,658
128,210
993,302
683,301
181,419
108,299
954,741
907,551
199,704
1,293,478
having been eliminated.
t
1i
And
branchep.
Not including West Shore in eit£«r year.
Batchers' & Drov..
Mechanics' & Tr.
Greenwich
Leather Mannf'rs.
Seventh Ward
368.311
7,201,607
4,863,962
303,677
589.656
N.Y
Americ'n Exch'ge.
Commerce
Broadway
Mercantile
Paciflo
Republic
Chatham
Peoples'
North America
...
Hanover
Irving
Citizens' ......
Nassau
Market
St.
Nicholas
Leather..
Shoe*
Com Exchange ...
Continental
Oriental
Importers'^ Trad.
Park
North River
East River
Fourth National.
Central National..
Second National..
Ninth National..
First National...
Third National ..
N. Y. Nat. Eioh..
Bowery
N.Y. County
German-.\raeric'n.
Chase National
Fifth Avenue..
German Exch'nge.
Germanla
United States....
Lincoln
Garfield
Fifth National...
B'k of the Metrop..
West Side
Seaboard
Sixth National.
tion.
8.
9
1,120.000 1,130,000
1.708.000
646.000
817.800 1,230,700
961,000
938.000
l,214,b00 1.098.300
363.000
287.000
4.289,700 1,871.000
2,36ii.3O0
308.500
265.800
1,800.200
882,900
125,000
17.506.200 9,908.900 1,1] 5,200
2,i>29.100
473.000
403.000
6,010.000
731,000
9:8,000
1,815,100
231,300
264,300
1,521.000
';01.000
212.000
1,21)9,400
137,100
122,600
8,297,500
638,800
494.100
1,230,100
311,000
136,400
3.606,100
43,400
673.700
16,534.000 1,989,000 1,6-3.000
18.343,830 2.351,600 1,846,600
5,282,600
964,100
678.200
6,345,200 1,804.200
658,500
2,365,500
479.200
207,200
8,826,500 1,442,100
605,600
£9D,900
4,160,700
778,400
l,690,ln0
172,700
226.300
3.574,600
318,400
422.000
640.700
9,488,700 2,532,500
397,900
3,025,000
260,100
5;2,li00
2,678,800
364,700
133,200
308,900
2,780.900
431,700
268,300
3,256,900
287.900
113,500
1,946,100
489,000
3,326,000
467,000
688,900
375,000
5,763,200
4,675,200
730,800
459,700
1.961,000
388,000
246,000
19,683,300 4.729,800 1,350,200
18,849,800 3.673,800 2 302.600
186,000
1,862,000
294,000
211,400
1,228,700
176,800
18,415,800 3,867,500 1.712,900
836,000
8,716,000 1.111,000
782,000
3,373,000
203.000
933 600
4,917,700
668.100
16.988.000 4,158,000 1,366,600
440,200
4,836,200
621,800
193.100
242,400
1.360.000
328.300
2.406,400
256,000
304.400
2,407,100
449,400
367,800
2,688,600
277,600
691,500
3,331,000
329,500
3,436,000
73.000
845,9uo
250.000
2,489,600
340,000
157,500
378,200
2,131,000
908,800
111.100
3,780,700
466,300
374,100
2.059.000
299,800
132,600
1,127,300
339,100
193,600
1,297,300
939,300
235,700
3,183,100
341,000
231,300
1,713,800
284,900
184,700
1,863,700
592,000
120,600
1,570,700
«
10,',40,000
t6,000
9,339,000
7,9'.1,100
46,000
7,493.000
10.732,700
2,422,000
13,133,200
2.115.600
1.669.300
23,495,700
3,333,400
5,192,500
1,880,100
1,735,000
1,223,700
3,018,700
1,304,000
3,813,900
13,400,000
14,048,100
5,252,500
7,099,400
2,767i600
7,148.800
4.62?,900
2,170,300
4,440,700
10,867,200
2,855,000
3.102.000
3.068,200
2.784,400
1.766,600
3,635.000
4.9S0.600
262,000
90,000
79,200
601,600
135,400
2,600
440,900
44,100
885,600
45,000
46,000
366,800
45,000
180,000
294,600
200,700
434,200
isi.ioo
49,600
5.227.'.100
2.080.100
22,328.800
23,211,600
2,300,000
1,117,600
19,850,800
9,075,000
4,014,000
5,388,900
18,030,700
4,711,200
1,311,800
2,298,400
2,979,100
2,602,800
4,123,000
3,618,100
3,021,000
3,670,800
3,882,600
2,919,300
1,712,000
l,6f2,900
4,444,400
2,046,900
1,877,300
2,010,500
986,900
46,000
2'23,000
180,000
139,000
33,000
46,000
296,000
178,100
225,000
180,000
46,000
46,000
43,200
46,000
120,700
"46,606
176,000
7,822,200
342,824,000 6'7r43!',000 36,724,900 364,383,700
Total
The following are
Loanj.
weeks
totals for several
Deposits.
Specie.
past:
Oircuiation
An.
C!«ar'ti
9
9
M'y22 342,129,200 69,819,000 36,403,700 368,686,100 7,870,000 604,324,823
" 29 341,540,600 68,516,800 36.624.300 365,242,000 7,851,700 595.640,466
J'ne 6 342,824,000 67.439,000 35,724,fOO 384,383,700 7,822,200 577,038,587
Boston Banks .—Following are the totals of the Boston banks
Deposits.'
L. Tenders.
Specie.
Loans.
1886.
Circulation
A«.
:
Clear'
9
9
9
9
9
76.789,69.
M'y22 151,402,200 10,841,600 3,839.700 112,604,400 18,109,600
"29 161.136,300 10,373,700 3,723,900 113,458,700 18,238,500 72,842,24a
J'ne
8,404,300 113,008.400 17,412,^00
152,098,200 10,264,200
6
FMladelphia Banks.—The totals
^
Lawful Money.
Loans.
1886.
72.216.84
of the Philadelphia banks
are as follows:
I>eposits.>
Circu>ation.l Alt. Clear'
9
6,034,500
6,026,500
6,986,600
83,799,300
23,777,800
85,309,300
84,188,900
24,198,300
85,269.100
83,796,600
24,325,500
84,890,100
June 6..
* Inolndlng the Item " due to other banks."
Mav
""
22..
29.
62,101,594
38,623,439
58,831,473
latest quotations for a
Unlisted Securities.— Following are
week past:
97
12
Incomes
20
Accumul. land grant
97
Alia. & Char. Air L., stock 95
let mort., gen. toads... 124 >9 1251a
x I04>a
Incomes
25
Am. Loan ATlustCO
Best. H. &
Old....
72
371a
S4
ioi
68
22
Cont. Cons. Imp. Co
Een.&K.O.coD.O.S.tr.cer 99
36
68
mort
43
16-1)
110
10
10i!i<
.
.
Kctij iiotor
Mexican National
Fref
Ist
47 "a
17
180
133
13
112
Ist Gs
2('g,..
mort
M.K. AT.— Income scrip
Mich. * Ohio.— Ist moit
Mo. Pacific- Oldstock..
N. y.
&
1
441a
6
31a
10
24 >4
67
2
3',
46 ><
4
11
251a
69
40
Green'd Lake, 1st
8
67
94 >«
2dmort
In.
Y.
ja.
North.
Ud. Tel. —Stock.
Pac— Dlv. bDuds..
North Riv. Cons.— 100 p.c
Ohio cent., inc. Cent tr.cer.
10
15
N. J. Southern
Incomes
IPensacola
2d mort
.
Conn.,lnc
"s
H
E
58. U.S. Trust certs.
Denv. * Bio Gr.W
Edison Electric Light...
Equit. Gas Co. of N. Y.
Georgia Pac— Stock
&
'a
E.— New stock
Trust &t;imj.eil stock
]
Bost. H. T.a, West.— 8tk.
Delientorea
Buff.N.Y.ct Phil.,tr.bd8,e8
Brooklyn Klev'd— Stock..
Newh. Dutch
Aek.
Bid.
Securities.
Securities.
Atl.& Pac.-C.D.,l6t,oW,x
1st
299,918
2.705.621
4,722,472
6,733,450
Figures have been adjusted fo as to make the basis of comparison
the same in both years, the earnings of West Shore trtlns in 1885
f
.
AmeHca
State of
9
Circula*
other
than V.
11.230,000
8.941,000
7.629,500
8,776.000
12,088.100
2.876.000
9,375,600
Manhattan Co
Merchants'
Mechanics* ......
Net Deposits
Legal
Tenders.
Spedt.
i
New York
934,350
426,882
289,851
163,227
126,096
720,269
187,065
89,445
79,345
695,643 2,823,79
1,583,230 4,845,089
2.270,338 6,873,739
80.000
19.922
574,374
1,987,191 7,130,818
174,000 5,106,228
94,208
325,932!
120,062
559.795
Loans and
Discounts.
5,796,686
393,949
616.726
590,483
240,590
159,589
432,856
450,759
1,629,647 1,663,798
544,417
532,467
744,-Jl8
479,627
244,897
226,678
447,618
551,192
722,495
808,212
730,333
712,023
8.485,000 7,778,222
1,220,000 1,127,000
207,114
1.58,423
5,385,!239 4,661,111
1,812,392 1,563,957
1,174,525
982,553
477,476
463,001
332,527
320,600
1,237,439 1,075,962
1,702,628 1,726,635
3,879,009 3,593,923
1,124,567 1,198,734
192,892
174,900
763,676
900,269
1,789,773 1,441.974
389,604,
308,689
14,735,483 13,693,486
1 ,008,644
937,396
8,478,916 7,904,486
3,816,117 4,048,850
1,614,751 1,589,279
330,786
336,279
282,024
286,778
251,176
215,610
556,400
570,022
195,771
178,563
395,088
330,692
458.634
425,215
445,421
485,684
270,518
302,253
1,742,256 1,714,905
458,856
373.854
2,463,754 2,635,303
201,959
399,948
424.373
839.902
16,897
205,205
1,412,867
41,063
307.864
Amount of—
Avsrage
Bonkf.
Atch. T.
1886:
5,
1885.
&
931a
^
6%
I
71a
6i9
Atlautlc
12
Pittsburg A Western
Rich. York Riv. & Ches.. 97 ». 101
"a'
Southern Tel.— Stock
10
24
Ist molt, bonds
State of Tenii.— tet't.XSs 72%' 72^
98
Settlement, 5s
1
166
Settlement, 68
27 "s
23
St. Jo. St, Grand Isl.— Stk
3015 40
iTexas & Pac— Scrip 1884. 3437
8cripl885
8
Tex..S. St.L.MiA Dlv.inc
93"
Ist M., del.when issued. 92
421a
2d M., del. when issued. 41
24
stock.
com.
Cen.
Tol. & O.
4S>S
Pref
60
C. S. Electric Light
9S
Utah Central.— 1st mort.. 89
.S
Vicksb. ifc Meridian
6<a
Pref
90
Ist moit
-
I
I
Incomes
"Vlr^ Inia
State 3 p.
West N. Car.- Con,
.-•-c. bds..
mort..
14
641a
66
99
,
June
13,
THE ('HRONICLE.
1886.]
li tt 11
e
s
t
me
The Ixvestors'Sppplkment contains a complete exhibit of
Ftmded Debt of States and Cities arid of the Stocks and
Bonds of Railroads and other Companies. It is published
on the last Saturday of every other month— viz., February,
April, June, August, October and December, and is furnished without extra charge to all regular subscribers of the
Extra copies are sold to subscribers of the
CHR0NIC1.E.
to
iiBue
others than subscribers
Pacific Jnnction Railways
(For the year ending Dec. 31, 1885.)
The annual report of this company is just to hand. It is
stated tnat the revenue account shows a large sum due to the
company in respect of unpaid coupons of first morts;a)j;e
North E.istern and the Vicksbonds of the New Orleans
Pacific companies.
Reference is made
burg Slireveport
hereafter to the proposed mode of settling this indebtedness.
It will be recollected that the company holds a controlling
interest in the following railways:
&
Miles.
Ne-w Orl6»n8& Northeastern
195
Vick8biirK& Meridian
nali
14
Alabama Great Southern Company)
Pacltlc (Clcolunati Southeru)
i
189
Paelflc
New Orleans* Texas
Clncla-
336
862
Total
Nineteen miles of the Vicksburg Shreveport & PaciQc,
from Shreveport to the Texas State line, are leased to the
Texas & Pacific road.
of several of the properties owned and convery favorable for the year 1885 in comparison
The reports
trolled are
with 1884.
The
NEW ORLEANS A NORTH EASTERN.
results of the
working were
:
1884.
Gross receipts
Working expenses
18S3.
$698. ;65
fi97,446
672,631
596,22t
;Neteams. $101,941
In comparison with the preceding year the gross receipts
for 1885 show an increase of $100,719, or 16 86 per cent. The
working expenses show a decrease of |76,410, or 11 "36 per
Def.
$75,188
cent.
"
The gross earnings of the road, while showing an increase
have not equaled the expectations of the management. During the first nine monthj
there was an increase of $145,270, but for the remaining three
months the receipts decreased $44,551 in comparison with corresponding months of the preceding year, thus reducing the
net increase to $100,719.
During the last three months there
was a falling off of $15,945 in the passenger traffic, as that
period compared with a time when the passenger traffic was
consilerable, owing to the New Orleans Etpotinon. There
was also a decrease in freight trafflj of $27,100, as well as a
slight reduction in receipts from car mileage and engine hire.
The loss in freight traffic was owing to cotton being shipped
via Northern lines direct to the spinners, while in 18S4 the
larger portion sought the Gulf ports for shipment to Europe.
During 1884 the cotton tonnage was 83'99 per cent of the entire tonnage moved, while in 1885 it was 12'05 per cent, a
comparative loss of nearly 11 per cent and an actual loss of
» * *
67,000 bales in amount of cotton handled.
" The necessary formalities in connection with the issue of
Prior Lien bonds to the extent of $7,000 per mile, authorized
last year, have been completed.
considerable portion of
the bonds have been sold, and the rest will be issued as
required.
" The amount due from the New Orleans
North Eastern
Company to this company on the 31st December, 1885, was
£3ol,017, of which the amount due for unpaid interest and
coupons of First Mortgage bonds was £325,566."
The Vicksburg
Meridian report was recently published at
length in the Chronicle.
for the year of nearly 17 per cent,
'
A
&
&
VICKSBURG SHREVEPORT & PACIFIC.
•*
The
fiscal
year ends on the 30th June, and the following
months ended the 31st December.
figures are for the 6
1884.
Gross receipts
Working expenses
Net eamlngB
of $1,0 lO.OOO of the prior li<m
miles.
results of the
working
in 1884
1885.
$233,510
181,053
$287,963
201,795
$52,456
$S«,173
" The amount due from the Vicksburg Shreveport & Pacific
Company to this company on the Slst December, 1885, was
£367,546, made up as fculows
*'>4,585
AdT,kaces fur jjonstruction aid equipment
20 j,9Hl
Auiouut due (or nDp;tid coupons of First Mortgage bonds
:
*267.516
"The Executive Committee are of opinion that this amount
should be paid off in a manner similar to that suggested in the
case of the New Orleans and North Eastern Company.
^tM
and 1885 were
1885.
$1,165 102
1,021,437
Net earnings
The percentage
:
1881.
,
Gross receipts
Working expenses
Alabama New Orleans Texas &
&
made
Alabama Great Southern.
(For the year ending Den. 31, 1885.)
The railway extends from Meriilian to Wauhatchie, 300
miles, and the company haa running powers over Ave milea of
the Nashville Chattanooga ft S. Louli Company'! track
between Wauhatchie and Chattanooga, making in all 205
The
ANNUAL REPORTS.
Vlcksliurg Slireveport
And (jKinily wiili the
rerently
Vicksburg Shreveport ft HitciHc Compaoy,
authorized last year, and the bonds are now cpiottMl on to*
London Stock Exchange."
The Cincinnati New Orleans ft Texas Paoiflc report has
already been published in the CiiKo.fK.'LK. The gauge haa
been changed on the roads of this ojmpany in common with
all the other Southern roads.
.
&
was
bonds of the
the
Chronicle at 50 cents each, and
at f 1 per copy.
An
"
tt t
727
of
working expenses
$143,666
in 18^5
$I,07«.18S
948,047
$126,140
was
88'09, ai
against 87-66 in 1884.
In comparison with the preceding year the groes earnings
show a decrease of $88,914, or 7 63 per cent. The decrease in
working expenses was $73,889, or 718 per cent. The net earnings show a decrease of $15, .525, or 1080 per cent.
There were moved during the year 5-56,038 tons of freight,
against 637.947 tons the preceding year, a decrease of 71,909
tons, or 11-45 per cent
The revenue per ton of freight transported was $1 19, against $1 24 the preceding year, a decrease
of 5 cents per ton, or 403 per cent.
The numlwr of passengers carried was 199,210, against
220,670 the preceding year, a decrease of 21,460 passengers, or
9-72 per cent.
"The depression which has so long existed in the United
States, and which has continued beyond the close of 1885,
materially affected the business of this company, as well as
that of every line in the South. There was a decrease ix tonnage and in the number of passengers carried. While there
was an average gain of 18 cents per passenger, there was
an average loss of 5 cents per ton of freight, which loss
was in part attributable to the low competitive rates
prevailing in the first three months of 1S85, and in
part to the low rates charged upon all shipments to and
fro 3^ the New Orleans Exposition.
This loss of 5 cents
per ton is equal to a loss of $-37,800 net revenue." • • » The
working expenses, however, are abnormally high, and
must be materially reduced if the shareholders are to obtain
an adequate return on the capital expended. With regard to
this important point, the directors have received advices from
the executive committee which indicate where a great saving
may be effected. The committee report that the cost of
maintenance will be miterially reduced if the rem lining iron
rails now in the track are replaced with steel.
They recommend that at least 10,000 tons of steel rails be laid as soon as
possible, and that arrangements be made for a further
delivery of 500 tons per month, to commence in January,
1887, and to continue till the 198J^ miles of iron rails are
During the years 1883, 1884 and 1885, the sum
replaced.
expended on repairs to the track and roadway was $829,469,
which is equal to 25 per cent, of the gross revenue earned
during those years. With a steel track in good order, the expenditure on maintenance of way should not exceed 18 per
cent of the gross earnings, and a reduction to this extent
would, in the three years above mentioned, have made a
saving of about $100,000 per annum,
GENERAL INVESTMENT
IJEWS.
Beech Creek Clearfield & Sonthwestern.—At Clearfield
June 4, the Beech Creek Clearfield & Southwestern RaiU
road was sold to W. K. Vanderbilt, C. C. Clarke, Ueorae F,
Baer, J. M. Gazzam and C. J. Langdon for $1,300,000, subject
to mortgage held by the Union Trust Company of New York
Pa.,
for $5,000,000.
—
Canadian Pacific. The Canadian Pacific authorities have
drawn up the time schedules for their through trains between
Montreal and Vancouver. The first train will probably leave
Montreal on Monday, June 21, at 8 P. M., and will reich Vancouver the following Sunday morning, making the journey of
Ic is thought that when the road is
2,900 miles in 136 hours.
thoroughly ballasted and in good working order, the trip
across the Continent by the Canadian Paoiflc will be made in
120 hours.
—
Central of New Jersey. Mr. J. S. Kennedy, of the Jersey
Central, states that the company is not in danger from a new
receivership. The new plan for Jersey Central's reorganization has not yet been announced, but its essential features
total issue of new i>onda will
are reported to be as follows:
be made of $10,000,000, which ^rill be exchanged for fl^Mting
debt, adjustment bonds and stocks of leased lines. These
bonds and stocks can be called in under provisions of the
mortgage and stipulations in the leases. The new Ixinds will
be i^ued at different times and will bear different rates of interest, some as low as 4 per cent and some as high as 5 per
cent. Stockholders of some of the leased lines may receive notice
about July 1 that their stock will be called in. By thia
arrangement the interest charges of Jersey Central will he reduced the first year about $300,000, the second year $500,0ja
A
—
>
.
THE CHRONICLE.
72.8
[Vol.
SLU.
nouncing that that increase had been made. " To reimburse
J.
and the third Tear $800,000. A syndicate represented hy be the company for the large expenditures made since January,"
is reported to
Son
&
Roosevelt
and
Co.
&
Tod
Kennedy
says this circular, " stockholders are now offered the right to
for the new bonds.
negotiating
meeting of
Chicasro Milwaukee & St. Paul.— Tlie annual
were
stockholders was held in Milwaukee June 5. There
board of
represented 433,000 shares of stock. The following
directors
was
re-elected
:
Alexander Mitchell,
Wads
Dumont
Juliiis
worth, Selah Chamberlain, Joseph MiUbank, John B.
T. Woodward, Wm. Rockafeller, Peter Geddes.Hu^h
Dickev, James Stillman, John Plankinton, Phillip D.
Armour, Jason C. Easton. The directors at their meeting let
Milwaukee, for the
the contract to Harrison & Green, of
Council
buildins of the branch from Defiance, Iowa, on the
Bluffs Division, northwest to Sioux City.
James
subscribe for the remaining $3,000,000 (80,000 sh>ires) of stock
of the company at par, which will complete the increase of
$6,000,000 (60.000 shares) in the capital stock originally contemplated. Stockholders will have the right to subscribe for
9 shares of new stock for every 100 shares now held by them.
Thelransfer books will close June 19, and the right'to subg^ribe will expire on that day.-
T
Ncw York Stock Exchange.—The following have been
admitted to the Board list: Chesapeake & Ohio, .$607,350
second preferred stock to cover coupons on bonds in default.
NoKFOLK & Western, $200,000 6 per cent improvement
and extension bonds, due in 1934, making a total issue of
Cincinnati Indianapolis St. Louis & Chicago.—The gross $3,700,000.
and net earnings and charges for April and for tea
Gulf Colorado & Sante Fe, $130,000 first mortgage
months since July 1, have been as follows:
bonis at the rate of $13,000 per mile total i-sue, $8,310 000.
31)-Julu 1 to April
April.
_
Utica Sc Black River, 23,330 shares of capital stock, to
1881-85
1S85-'S6.
1S35.
——
Gross earninss
Operating exiiensee.
Net earning?
Fix«(l charges
—
$2,011,014
1,244.423
$2,12<,3.'!9
50,000
$54,022
50,000
$79(5,021
S"71,530
530,000
$17,133
$1,022
$296,621
$lSii,099
.$133.8:11
126,9 77
.
$6M33
.
Siriilus
;
l,348,e09
500,000
$J74,n30
be known as Utica &
Black River guaranteed, dividends to be
Watertown & Ogdensburg, under the lease
paid by the Rome
made in perpetuity.
&
Alpena, first mortgage 6 per cpnt
Detroit Bay City
bonds, issued at $15,000 p"r mile, and total iibue on 83 miles
now completed and in operation, $1,245,000.
-It is reported that
East Tennessee Virginia & Georg
.
the
Messrs, Brice and Thomas have concluded the purchase of
Robininterest of George I, Seney and his son-in law, Nelson
Railroad
eon, in the East Tennessee Virginia & Georgia
Oregon Improvement Company.— This company's
ment for April and five months is as follows
Company.
Gross earnings
Operating e.xpenses
•
.
the
They previously held some $>,.500,000 of
consolidated mortgage bonds, and this new acquisition, which
amounts to fome $4,000,000. gives them control of the road.
At the coming election of the reorganized company it is
expected that they will
name
the
new
board of directors.
— It
will be of interest to
Atchiion people to leirn that the balance of 1st mortgage is
of the Gulf Colorado & Smta Fe roiid hag been placed. The
amount is about $1,000,000 and will be issued at the rate of
$12,000 per mile. They are deliverable to a syndicate which
Gulf Colorado & Santa Fe
takes them in instalments of $200,000 per month for ihe five
months of July, August, September. Oottber and November.
Messrs. E, Rollins Morse & Co., of Boston, contracted to receive
$125,000 per month, or $625,000 for the five months, and in two
days of last week sold the whole to permanent investors at 124
and interest, at which price they will pay the buyer ab6ut o}^
psr cent. Boston Herald.
lalje Shore & Michigan Southern.— New Turk Chicago
& St. Lonis.— A special dispatch from Cleveland, Jan. 10,
said: '-The hearing in the Nickel Plate case has been pes
poned to Sept. 14, on motion of the attorneys for the judgThe attorneys for the first mortgage
ment creditors.
bondholders vigorously objected, but were overruled."
In regard to the negotiations for a settlement of the matters
at issue between these companies nothing definite is known,
but well-informed persons say that if an agreement has
not been fully made, it is likely to be reached. The common report is that Tjike Shore is to abandon the legal
fight to declare Nickel Plate securities illegal, and will
To retire the $15,000,000
settle with the security holders.
firsts at par and interest, the seconds, the car trusts and th"
floating debt would take about $25,000,000, on which the
annual charge would be $1,000,000 at 4 per cent. The net
earnings of Nickel Plate were |S86,099 in 1885. a year when
none of the Vanderbilt roads could earn dividends, and for
the first quarter of 1886 the net earnings have been $334,453.
against $243,755 in 1885, an increase of about 37 per cent. If
this same percentage of increase is continued throughout the
year the net earnings for 1886 will be about $1,213,955, aiiainst
which are charees for rental and taxes of about $400,000,
part of the
leaving about $800,000 applicable to interest.
charge for rentals also goes to Lake Shore, and is presumably
a profit to that company,
state-
:
April.
.
1886.
Net earnings
.
188.1.
^Dee.\
to
April 30.-.
18S4-5.
188>-6.
$198.-.!4l
$230.70^
16!t,587
1S5,'.08
$974.7. 0$1,1-28,461
i2i)4Zl
812,141
$28.6.J4
$45,160
$13.', 329
$1'J9,040
fhiladelphia & Keading.-Thereis nothing more interesting in the whole course of Reading afjdrs than the notice to
general mortgage bondhold'-rs that their on' is ar about to be
paid off in full, principal and interest. This notice serves to lift
the Readmg matters out of the dull routine of finance and the
gloomy abyss of default, into the realm of fancy and the field
of romance. The Philadelphia Pi ess comments very naively
upon the subject in these words " The mortga;;e requires
notice to the Trustee, the drawing, and the deposit of money
to pay the bonds wiih the Trustee, on or before June 1 of the
year in which the notice of drawing is given. These conditions have all been complied with, excep- the placing of the
cif-h in the hands of the "Trustee, which is porhaps the most
1
j
:
important of all."
The correspondence between Mr. Gowen. the Fidelity Co.,
trustee, and Mr, Gardyne in London, is briefly summirized as
follows: On April 29 the Fidelity Company notified Mr. Gardyne to makethB drawings in London, and on the same day
)rtgaga the
wrote to Mr. Gowen that under the terms of the
amount of the sinking fund should bj deposited with them
before June 1. On June 7 the Fi lelity Company cabled Mr.
Gardyne to withdraw tha advertisement, as they had no
money to pay the bonds,
Mr. Gowen on June 7 wrote that the advertisement w s
necessary to the carrying out of the company's plans of reorganization, and that be had cabled Mr. Gardyne to continue
m
the advertisement. On June 8 the Fidelity Company again
wrote to Mr. Gowen that the advertisement was calculated to
mislead bondholders, and insisted that the advertisem-nt be
withdrawn. On June 9 Mr. Gowen replied to this letter,
stating that the advertisement in no way referred to the
was
Fidelity Company, and insisting that its continuance
essential.
Portland & Ogdensbnrg.— At Portland, Me., June
8,
the
meeting of the Portland &0gden8burg Railroad organized
by the holders of the bonds of Nov. 3, 1871, was held. The
committee appointed April 30, 1886, reported the total amouiit
A
In this
of bonds and coupons now outstanding as $4,337,108.
statement interest overdue to the city of Poriland is reckoned
from May 1, 1875. If reckoned from Nov. 1, 1871, the whole
Louisville Evansville & St. Louis.-This railway was amount of bonds and coupons will be $4,520,608. By-laws were
sold at New Albany, June 9, under a judgment of the United adopted very similar to tnose of the old company, and it was
States Court, ordering a foreclosure of the first mortgage. voted that the name of the new corporation be the Portland &
The sale was conducted by commissioners Fishback and Ogdensburg Railway, that the capital stock bo equal to the
Frank Jones. The press dispatch reports: The first sale was principal of the bonds under the mortgage of Nov. 1, 1871,
under the second mortgage, and covered both the main line shares of a par value of $100 each. The following- named
and what is known as the Evansville Division. The second directors were then elected: S. J. Anderson, Portland; VV, t.
covered the main line from New Albany to Mount Vernon, Milliken, Portland; H. N. Jose, Portland; Frmcis Fe-seuden,
111.
The property embraced in the first sale sold for $10,000, Portland; Stenhen R. Small, Portland; C. A. Am.-iden, Cone jrd,
subject to an outstanding lien of $927,000. The property in- N H Fred N, Dow, Portland; Charles J. Chapman, Portland;
cluded in the second sale brought $750,000. The purchase Willard H.Woodbury, Portland; Sidney W. Thaxter, Portland.
was made by a committee representing the bondholders.
Richmond & Danville -R. & W. P. Termiiial.-The facts
Maryland State liouds. The financial authorities of the relating to the negotiations between these two tjommmes are
State of Maryland were to receive proposals for the exchange thus reported in the Worl I: "It appears th it the Rich.nond
of $638,355 6 per cent bonds, maturing 1st July next, into & Danville a few week-, ago purchased from tin West l-oint
bonds bearing 2;'4 per cent per annum, redeemable in 10 and Terminal Company 4,110 second mortgage W-stern Noitb
payable in 14 years.
The holders of the bonds were not Carolina bonds, 31,680 shares preferred and 31^680 common
willing to accept the exchange.and there were no proposals stock Western North Carolina Railroad, 100 first .mortgage
made. After consultation a sale was made to persons in this bonds and 1,000 shares cap tal stock of the Knoxville & AOr
first
m
•
—
city of the entire issue, less $137,155 reserved for the State
school and sinking funds, to bear3 percent per annum instead
of 2%. The bonds were taken at par. The lowest rate of
interest paid by the State heretofore is 3 65 per cent per
annum.
Baltimore Sun,
Missouri Pacilic— The Missouri Pacific Railroad in March
last dnterinined upon an increase of its stock, and the company has just sent out a circular to ita security-holder an-
gusta Railroad, 10 shares preferred and 10.000 shaif s
Columbia & Greem ille Railrnad, 13.034 shares
sto -k
common
common
3,0tl0 shares cotnstock Charlotte Col. & Augusta Railro.ad,
3-6&0 s"*'"
mon stock Richmond & Mecklenburg Radroad,and
all intercommon stock Asheville & Spaitanburg Railroad
Company. Ihe puce
est in the Oxford & Henderson Railroad
capital stock
paid for these securities was $2,500,000 of the
this stock the
the West Point Company. By yielding up
d
»
:
June
THK CHtvONKJLK.
13, 1886.
Biclimond & Dnnville loM'fi its control of thu West Point 'oinpuny, l>ut obtains pocei'Shion of a lot of viiluiibln Ht-curilie-. It
U) atutfil that tnoHl of tliu btockn unci botuN sulil to tht- U nhniond & I'anvilU- lire in the lianiln of the ('•ntrnl Tru^-t ('niiipany, pleilKttl to Bei'Uie a loni of $2,300,000. Tho securitlee
cannot l>e dehvercd until this loan id paid. The comtnitiue
has ^ecu^^•d an injunction pruvf ntitig the direct'ira of the two
roads frmi proceedinj?. The seuiritied pl^d^ed lo the Cental
Trust Conipany have a nominal value of $as!,000,000 and an
The committee is therefore
actual value of $11000,000.
anxious to prevent their sale to the Richmond & Danville for
an inadiquate consideration."
—Sir. dec). S. Scott, a prominent director of the Richmond
Wnhiixh St. I.«nliiA Pitdflc.-Tlin flgiircM ht\ow have bean
furnihhed to the CHitoNir-t.i: na iiliowmg th<t actual rM>ulta of
' Ilia
iih
for the tlntt four ne
the Waba
oareil with tli« *ame month
rent yiai
THmm
earnlngH
"ii the mileage ac'"'"
•"\rh
rnili's being <'oni)iiti'
year, the i)
the leaned lims th r
in 1H8.'>; hu
;,.-rl
were unprolitulile ami did not earn their exiwnntM in 1^40,
and honoe Wabash would have sh >wn hitter wJ imrninBa
in 1^8,5 if it had operated only the smaller mileage of tH«
present vear. As to the gain in net earning'^ for four montha,
'rifle less than the ".IT.noo. «timat«a
itia $106,000,
to the bal ince of tfiis year their ealiby the commit
mate of a gain " .,''' net seems very mo lerate, tliungb
they explain this by rniying that the company, during the last,
three months of 1885, which are the best months of the year,
had the Ix-neflt of the higher rates for transportation, and
therefore no large increase is to be looked for in the same
(
&
729
I
II
'
••
I
>
1
D.inville UHilroal, said : "So far »s I kr.o* thefe stockholdWest Point Terminal) have not withdraft-n
ers (Riclmi<md
their oppoition, and we are certainly acting under the Ix-lief
&
that they intend to contest the matter. They have enjoined
us from proceeding in the matter, but I dint believe that the
Our procf edings have been ttrictly
litigHtion will help thrm.
le^al and fair, and will be sustaiued beyond a doubt."
months
of this year.
April
.
188&.
IfS-".
Texas & Pacific. — The committee
for the RioOr.inde Division bondholders have ju-t issued a circular in vvhioh they
give an account of the arKUment at New O; leans, and request
bondholders of this division to tend in their asf^ents to the
committer and pay the moderate charge of $5 per bond. The
committee is apparently a good one; ii i-* acting only for the
Rio Grande Division bondiiolders, and these holders should
join in the movement speedily if they hope to protect their
The Secretary is Mr. C. R. Charles, 18 Wall Street.
inlerests.
The committee's circular, under dite of June 5, says:
'•Since we last addressed jou our counsel has been to New
Orleans, where, for the purpose of supportmg the report of
the Master in Chancery, he presented to the Circuit Cuuit of
the United States an intervening petition recommending that
receivers' c-rtilicalt-s to the amount of $863,025 be issued on
your division, in order to raise the funds necessary to put it
Both the Missruri Pacitic Railway Company
in good repair.
KauBBS
1883.
.
Divlrflon..
Amount,
4O.0J2
17.<,vidl
82,4Jl
Total
.
Acres.
4] JSI!)
$.GJ,2&3
-18?5.-
*
—
(I'll
1?
Y.
113.615
$1,23';,904
98!>0.3Si
p. ct.)
l,19H,si3
$:(7,0ol
March
.'(1
*
$1'!,.3!J5
4,'.!4ti.n43
$),.'>nos60
$4,:i.il,oa4
»4,303,934
10,000 of sinking fund returned to company.
Tribune money
article s lys
:
.
21,388
l.!3,UO
$l5K,07d
^l.UD,ir«3
1680.
$i2i,o74
a->7, Jo-l
140.UJ8
87,T3J
$17/.U.<2
4t54.o-8
491,036
$',109,129
233,777
a47,779
*747,40l>
Atfioiinl
»r.(il,720
1,
1885. to
1H86
Less Interest and sinking fund
MHreU
Kaiiiias Divlrtiou.. 2ij.-.~49
Total
20,000
Actual net rcveaue for three quarters—July
Acres.
Decrease ia 1880.
$123.'il.T
143,763
the current quarter will complete the Company's fiscal
year, we are able to give its r. suits, su jeot only to such corrections as may occur in the estimates of thisquarter's returns,
and cunpare them with the results of three preceJlng years
as follows
YEAR ENDING JUNE 30, 1886.
AinounL
to
$123,768
20.010
"As
M(nj 31
Acres.
Unlou Uivisiim.... 22H,7J7
Jan,\
Including
The N.
Aiaoiml.
S5.933
2d,4»8
def.
«(,8-<7.M»
.
Niimlnal surplus on June 30
Acres.
,
»:i2t,S5a
Less divid.nd
*«9,997
Decrease in 1888..
V:i1d,U75
Piirplus for qiintter
Nomlual suriilua on
1.
188B.
,
$.7,0^5
f239,0U9
Netlneome
:
Division
4.^fc!>,9tf7
rntcresi-on bonds
Blnklugfund
period.' "
May —
3,101.007
.
'
t'liliiu
1,13I.A3^
Deduct—
—
since Jan.
7e9,'MU
:
;
May and
Opcr. expentea
;
;
P.icillc.— The land sales in
1P89,
•I,lt4,4i«3
—
the wishes of the majority of its bondholders, as soon as made
known," * * «
" In 1885, for the three months ending March 1, the earnings were 1 1,082,314 in 1886, unr er the management of the
receivers, in spite of the long strike and the total stoppage of
fnight traffic on the entire Missouri Pacific system, which
all ne supplied it with connections east and north, and in t^pile
of the wretched phjsical condition of the railway, its earnings
were ^l,3-i3,l!i6, showing an increase of $140,882." * * "If
on-y this proportion of increase be maintained, the earnings of
the road will be some .$600,000 more this year than they were
last.
The first three months of the year are the worst and
as the promise of the fall trade is exceedingly gnod, it is more
than likely that, if the road is put in good repair, its earnings
Of this increase the
at a low estimate will excei d 17,000,000.
Rio Grandi Division will come in for a good fhare. Since the
December, 1885,
been
namely,
the
16th
receiveis have
in oTlice,
It is almost certain that, if put in
it has earned $413,820.
proper repair, its earningt- this year will exceed $3,000,000 an
amount sultioieat to pay off all the receivers' certificates that
•will be issued.
"Receiver Sheldon testiflea under oath as follows: 'The
Eio Grande Division is settling up very rapidly, and for one
hundred and fifty miles we.st of Fort Worth there has been a
rapid growth in Hgriculiural productions. Along nearly the
whole of this distance the cattle business has grown into
immense proportions.' He tesiifles further that if this division were placed in good condition promptly, the increate of
business and the reduction of expenses would enable the road
to ])ay tiie fixed charges along the entire line in a very short
as follows
Afn-H 30.—.
91,028..^39
Western Union Telegraph. The ftatement of earnings
for the quarter ended March 31, 1886, was considerably overestimated, and the company failed to earn its charges by
f 592,613. The actual earninus for that quarter fell short of
the estimated enrnings by $299, 154. The quarterly dividend
for July ia passed the estima'cof earnings for the current
quarter ending June 30 is $1,000,000, or $380,672 less than th©
actual for the corresponding quarter last year. Tae btatement
is as follows
Actual, If 85.
.—Es'tmalcd. 188".—
$i,3J0,672
9i|,OUO,uOO
Not revenno
,
Union
,—Jan. 1 to
Ifi8«.
93.!)lt<,'»!2
Otom enmlnga
Net eanlngB.
and the Philadelphia committee strenuously opposed this petition, the latier arguing tl'at the granting of it would oeter
parties from accepting the plan of reorganization propa-ed by
them and asking for delay until the time had expired during
which securities could be deposited under their plan, viz
until July tSth prox. This anxiety to prevent any improvement of your division until they had exhausted every effort
to induce its being passed into their control ne ds no comment." » » * "We are informed that the Court will order
the issuance of receivers' certiticaies as soon as your committee can affirm that such is the expressed desire of the majority
of bondholders. We tlunk the above statements shoulu convince all intere.-tod of the imperative need of signing the
agreement hereinafter refeired to, and thus at an early day
enable this committee to make known to the Court that the
petition is by the majority of holders. An additional incentive
to prompt organization is the assurance the receivers give that
they will be guded in the management of your division by
were
m
f
Net balance for nine mdntln
ijlvldenil
paid— three quarters
•
$3,015,973
4ao.838
3'.,
m
*',sm5.035
per cent
3.399,572
$K14,'i37
Deficit
Add estimated surplus
S^e.SSS
for current quarter
Surplus for jear ending .Tune 30, 1886, over 4^ per cent
Suri Ills for year ended June 30, 1«8.=>, over H'4 per cent
Surp U9 for V'.ar ended June 30. 1«'=4, over 7 per eeut
SurpUw for yoM- ended June 30, 1833, over 6^ per cent
$41,848
Sl»i6,536
* n-^.gld
*l,914.124
circular for the present quarter remarks :
from the estimate in the net results of last
qu .rfer is duo principrdly to the judgments against the Western Union and Gold & Stock companies, amounting with
interest and costs to $193,933 for taxe-i levied by the State of
New Yoi k for 1881, on the entire capital stock, represented by
property in thirty-ei,;ht States, ten Territories, the Dominioo
of Canada, Great Britain, the Island of Culia, and the high
These taxes were paid a few davs before the last estiseas.
mate was made, in the confident belief that if piiid we would
be able to obtain an act for their refunding. They were not,
The Company's
"The
falling
ofif
therefore, taken into the estimate. As no other corporation
of any magnitude was so^taxed, except a single railroad corporation, which has had the' tax on capital stock repre'wnted by
and as the officials of
property without the State refunded
the State and the Legislature have recognized the injustice of
the act by having it amended applying to 1883, 1883, 18-84 and
thereaf er. it cannot be doubted that justice will be finally
awarded, and this extortionate taxation refunded.
" The revenues from current commerci d business and news
service continue to show a handsome improvement, the increase at test cftlces since Jmuaty 1 being $110,000 in exctas
of the corrfS|ion(lins five months of the previa jus vear, or an
average of about $5,000 per week. But this increase is more
than counterbalmced by reduced revenues from the c^ble and
commercial news service. The low rates of tolls prevailing
between commercial renters requires the ha' dling of a largely
increased volume of business to maintain the same revenues,
involving increased force to handle this cl as of business, much
of which is done without profit. The entire surplu-i, together
with the sum representenl by the last di>i.ienl in certificates
of indebtedness, has gone into the plant, and is represented by
new property, and may legally and proi eriy lie represented
by capil dizition either in stock or lK)nds and given t<> the
stockholders but, under all the circumstances at the prtceat
time, it is recommended that no dividend be 'leclared.'
;
;
..
,
THE CHRONICLE.
730
COTTON.
'ghz Ol/ommjercial 'i*tmes.
COMMERCIAL EPITOMb!
Friday Night, June 11, 1886.
There was a serious strike on Saturday last by the drivers on
the street railways in this city and Brooklyn, but it soon
ended, and seems to have given an effective blow to factious
labor movements. The weather has been generally favorable
to crop prospects, and in particular, copious rains in the Northwest have brought timely relief from a drought that threatened the crop of spring wheat. Buoyant markets for cereals
wheat and
decline, especially for
Friday, P. M., June 11,
as indicated by our telegram
from the South to-night, is given below. For the week ending
this evening (June 11), the total receipts have reached 23,773
bales, against 19,837 bales last week, 23,790 bales the previous
The Movemest of the Crop,
'
were followed by a sharp
[Vol. XLII.
;
in
the absence of sustained speculative action is still
conspicuous, and prices remain low. The political crisis in
all staples
Great Britain has naturally been commented upon in financial and commercial circles, much interest being felt in the
progress of the important contest which is impending, The
time has arrived when trade usually assumes a half holiday
aspect, and a full revival cannot be expected for some weeks
week and 29,447 bales three weeks since; making the total
receipts since the 1st of September, 1885, 5,307,949 bales, against
4,710,007 bales for the same period of 1884-85, showing sn
increase since September 1, 1885, of 497,942 bales.
Keceipts at-
Jfon.
Sai.
Indianola, &a.
New Orleans...
63
8
308
283
871
515
1,054
5
663
818
30
803
193
4,<I92
Mobile
97
1,269
270
555
177
244
2,750
Brunsw'k, &c.
Charleston
Ft Royal, &o.
736
329
878
111
14
690
2,778
48
"16
154
798
1,145
12
60
12
3,464
13
400
1,381
502
307
158
952
199
2,830
2,974
3
44
1
312
3,710
5,599
22,773
Wilmington
11
....
MoreU'dCifec.
Norfolk
West Polnt,&c
Boston
Baltimore
Lard
18S4-5.
33,760,800
Dec.
6,712.800
279.645,918
fno. 16,42Z,069
Inc.
173,193,364
4,613,297
the influence of the speculative corner
lbs. 27.048,000
lbs. £98,068.017
lbs. 182,806,031
Rio coffee, freed from
on May contracts, has declined materially, and to-day options
were further depressed, closing this afternoon with sellers at
7'60c, for June and February, 7'55c. for July and January,
7*50c. for August to December and 7'65c. for Alarch. Mild
Raw sugars have
coffees have been dull and drooping.
favored buyers, and though at times quite active, close dull
at 45^c. for fair refining and 5%c. for centrifugal 98 deg.
Refined sugars were fairly active at G'^^^^QJ^c. for
test.
standard crushed.
Molasses closes more active at 17(gl73^c.
for 50 deg. test.
Kentucky tobacco has been very quiet and prices are nominally unchanged. In seed leaf also there has been less doing,
yet the sales for the week are 1,050 cases, as follows: 3.50
cases 1881 crop, Pennsylvania, 12i^@14J^c.; 200 cases 1833
crop, Pennsylvania, 6}4@il}4<^.; 150 cases 1884 crop. State
Havana, S}^@\0}4c.; 200 cases 1884 crop, Wisconsin Havana,
8?^@ll'^c., and 150 cases sundries, 4@28c.; also, 350 bales
Havana, COc.@$l 05, and 150 bales Sumatia, $1 30@$1 45.
The speculation in crude petroleum has been more active
than usual, and prices were quite variable, owing to the
changing and often conflicting phases of the reports from the
producing districts, but to-day prices were buoyant, closing
this afternoon at 66@66i^c.; crude in bbls. quoted at 6@6%c.,
refined in bbls, Tc. and in oases 8^3® 9|5^c.; naphtha, 8^c.
Spirits turpentine has been lower, but closes steadier at 34c.
Rosins have continued quiet at[$l 02J^@$1 07}.^ for common to
good
strained.
Pig iron receives very little speculative attention. Block
tin has further advanced, with sales of 10 tons for July at
23'55c., and copper was firmer at 10@10l^c. lead also firm,
but spelter dull and easier. Ocean freights have been rather
dull, but room was not over-plenty, and rates were sustained,
;
shipments were resumed to-day on a more
liberal scale, at 43>^M4:'4d. to London, 4?;^d. to Hull, Leith and
Antwerp, 8J^c. to Bordeaux, per bush., and 4s. 3d. to Marwhile
seilles
corn.
3,313
grain
the larger business following the decline in wheat and
2,8051
404
For comparison, we give the following table showing the week's
and the stock to-night,
total receipts, the total since Sept.l, 1885,
and the same items for the corresponding periods of
Receipts lo
1884-85.
Thit Since Sep,
Week. 1, 1885.
\
June U.
Galvestoa..
.
308
118
New
Orleans.
4,492;i ,701,152
605
112
909
Mobile
245,380
50,112
789.685
16,252
490,359
Florida
Savannah.
..
Br'Rw'k, &o
Charleston ..
Pt.Roy»l,&c
Wilmington
M'beadC, Ac-
2,7511
2,778
154
404
...
2,330
2,974
108.13;
55,10-
Philadcl'a,&(
312
46,782
Norfolk
W.Point, &c.
New York
.
Boston
Baltimore
.
5
167
12
3,461
1,381
22.773 5,207.91!!
1886.
1885.
14,991
455,383
10,920
1,510,202
228,697
77,047
720.297
4,193
48
65,738
9,491
2
2,130
9,747
72
610,687
7,437
93,599
11,221
101,577
7.817
552,257
277,683
55.936
.
44'
last year.
Stock.
This Since Sep.
Week. 1, 1884.
694,430
781
Ind'nola,<&o
Total
1885-6.
&c
633
10
1885-86.
two years:
Ba<!On,
724
606
2,974
Fhiladelp'a,
Continent.
Pork
79
4
104
45
246
602
2,696
5 for
5
235
Totals this week
from October 26 to June
909
5
SaTaDDah
ing this afternoon at 635c. for July, 6-46c. for August, 6-56c.
for September and 6*64c. for October. Lard on the spot advanced, but closes quiet at610o for prime city, 6"25@6'30c.
for prime to choice "Western and 6-55c. for refined for the
of aggregate exports
69
Florida
246
summary
Total.
43
<&e.
slaughtered at the principal Western towns from March 1 to
latest dates nembered 2,015,000, against 1,885,000 for the corresponding period last season. The following is a comparative
Fri.
101
New York
tinued quite moderate, closing at .$10@$10 50 for new mess,
$11@$11 75 for family and fl3@|13 for clear. Cut meats
have been steady, except for pickled bellies, which are lower,
closing at 5@5i^c., with pickled hams at 103|^@llc. and
shoulders at 6@63ic.; smoked hams lli^@12c. and shoulders
6J^@7c. Beef is dull at $8@|8 50 for extra mess per bbl. and
$15® $16 50 for India mess per tierce. Beef hams are steady
at $23 per bbl. Tallow is again dearer at 43i(g4J^c. per lb.
Stearine is quiet at 7J^c. and oleomargarine at 5}^o. Butier
Cheese has been more
is steadier at 14@19c. for creamery.
active and closes at 5@ 7J^c. for State factory. The swine
Thuri,
22
to come.
Lard for future delivery made a sharp advance early in the
week, on an active speculative movement, but has since been
variable and unsettled. To-day futures were buoyant, clos-
Pork has ruled rather firmer, although the demand has con-
Wed.
Tuet.
71
Galveston
20
2,216
713
9,621
883
59
29
272
428
550.482
282,553
67,983
82,192
41.118
51,242
1,913
2.263
4
275,872
6,310
8,375
8,401
4,7294,710,007
443.977
385,756
m order that comparison may oe made with other years,
we
give below the totals at leading ports for six seasons.
Secei/jts
at—
1885.
188G.
Galvest'n.&o.
New Orleans.
308
4,492
909
Mobile
Savannah
...
Charl'sl'n,
&o
Wilm'gt'n,&c
Norfolk
W. Point, &c.
1884.
162
605
112
167
72
20
885
59
2,750
2,773
166
1882.
1883.
718
1881.
522
3,462
7,023
1,175
2,254
1.025
1,561
2,818
6,411
159
542
208
1,867
1,086
16
1,151
75
219
180
2,471
2,714
2,407
1,216
1,680
1,316
435
211
375
206
...
3,464
1,331
6,525
2,647
3,843
6,005
3,378
3,790
141
9.168
Tot. this -w'k.
22,773
4,729
8,409 ' 21, .573
13,658
28.218
All others
Since Sept. 1. 0207,949 4710.007 4772.'i.i5 5869,156 4586.171 5622,692
UiiUeslon inoliides Indianola; CUarlenton includes Port Royal, &0.
Wilmington includes MoreU'd Clty,&c.; West Point includes City Point,&p.
fno exports for the week ending this evening reach a total
of 81,287 bales, of which 73,833 were to Great Britain, 359
to France and 7,106 to the rest of the Continent. Below are
the exports for the week and since Seotember 1, 1885.
Week £ndin« Jnm
EzpOTted to—
Exports
Qreat
from~
CtonM-
11.
From
Sept.
Ibtal
Qreal
Week.
Britain,
i
Brit'n.
GalTeston
New Orleans
Mobile
.
1,
1885, to
Jmu
1
1,
18S«
Exported Ki—
^"nce
223,113 18.545
778,850 305,394
91.385
47.1161
...
OinMntnt.
Total.
317.671
78,013
392,961 1.177.203
47.416
Florida
Savannah
Charleston ....
WIlmlnKton...
Norfolk
West Polnt,*c
New York
Boston
Baltimore
Phlladelp'a,
&c
2.506
2,089
2,506
8,091
8.091
9.049
12.693
9,873
9,012
2,969
7.702
2.S33
73,822
Total
Tntiil 1SS4-S3
1,323
U.8S0
8,136
9.873
9.S33
2,&25
339
7.t08
e.Mi
3 404
S.852
23.089
48.189
329,633
1,810
451,439
121.277
47.503
401.920
330.044
73,213
5,709
23i),670
16,941
e3.84S
671.240
38,702
178.109
2.211
1,635
82,594
4.808
lB4.22l|
iT.m 2,317,130
87.47.'!
2,328
4<;.00t{
291,259
212,780
23,184
IS'1.132
l.-|5.J"il
s.'.aii
397.785 1.238,658 3,883,473
2.340,oTo'380,902'~^6.514
jyOS^
fiom New York to Gr.nt Brlt.iin include 34,539
Hull which were re-oxported from Great Britain to B altic ports.
NOTK.— rii>
bales to
350
102,409
81.1S6
c\i>.iil,s
a
June
12,
«
;
THE CHRONICLE.
188«.]
In addition to alwve exports, our teloKrams toninht aliio give
OS tho folio winx ainounts of cotton on shiplKMird, not cleared,
add similar liguree for New York,
Bt the ports named.
which are prepared for our special use by Meoan. Carey, Tale
Wo
ft
781
dally market, the pric4M of salei for each month each dar,
tb* oloainc bula. in addition to the dally and total
'
1
1
Lambert, 21 Beaver Street.
On SMpboard,
June
AT—
11,
NewOrleana
13.893
Nonp.
None.
None.
None.
3.341
6,000
6.000
Mobilo
Charleitton
Bftvaiinah .. ....
Qalve»ton
Norfolk
New York
Other porta
Total 1886.
Total 1885
Total 1884
2,506
None.
Nonr.
None.
None.
None.
Leaving
1,678
18,143
None.
None.
3,300
400
None.
5,879
3,256
13,336
28,662
4,995
4,011
800
400
1,*33
5,000
1,5D0
None.
500
None.
None.
1
7,500
54.033
14.704
7.541
10,714
14,994
9.110
859.789
25.921
1,7.^0
11,214
3,378
47,072
396,905
1
9,811
914
1
.">,999
2,423
2B.0J6
41,095
856.700
383,632
'
'111
Stock.
Total.
wife.
376
None.
29,224
Ooatt-
None.
3,500
Nouo.
None.
7S0
liiiliiiii
not tleartd—for
Breat
Other
Franet. Foreign
Britain.
f
ill'
i
i
i
!!
|i §
liliiiliii
The speculation in cotton for future delivery at this market
has been exceedingly dull for the week under review, and the
fluctuaiions in prices were within unusually narrow limits.
The favorable turn given fo crop prospects in Texas by the fall
of copious and general rains had a depressing effect upon
values, but the statistical position, and partially favorable
foreign advices, together with rains claimed to be somewhat
excessive in portions of Georgia and Alabama, prevented any
material decline. Yesterday reports on the acreage and condition of the crop from the Chronicle, the Agricultural
Bureau and other sources were made public without having
any material influence upon values. To-day foreign advices
were weak, and together with the closing of the Liverpool
market for the Whitsuntide holidays, had a depressing in.
fluence, but the decline was mainly in August options.
Cotton on the spot has been very dull, the export demand
almost wholly subsided, and the business for home consumpion was smaller.
Quotations were yesterday reduced 1- 18c.
To-day the market was dull and weak, middling uplands
closing at 9'3-lOc.
The
bales.
3,496
—
were
forward delivery for the week are 204,90o
For immediate delivery the total sales foot up this week
bales, including 796 for export, 3,700 for consumption
total sales for
—
—
for speculation and
in transit. Of the above,
bales
to arrive. The following are the official quotations for
each day of the past week.
UPLANDS.
NEW ORLEANS.
itlon Xaea Sat. mon Taea
June 5 to
June 11.
Sat.
6%
Ordln'y.yib
BtrlotOrd..
Good Ord..
Str.
7lig
8
O'd Ord
!
6°8
71i,
8
87ig
1
6«8
6:3,8
7l,(i
7 '4
8»I8
R»B
9
914
H
87,a
S13l6
Btr.L'w Mid
Middling...
.Mid
1
S^ie
Low Midd'g
Sood
\
9»16
9>i
9^
.
Btr.G'd Mid! Idle
Midd'(rFalrU07i8
Fair
|U>,e
1
!
9>I6
94
9%
613,8
613,8
6l3,g!
7 '4
83ig
R«i
618,a
7^4
83ia
8>tg
8»i
9
9
9
714
83,8
H»»
9
4
10"i8
lO'ig
9H
9»4
9 '4
Hi
9H
7H
9
97,
UM
im
lUig
Fri.
Wed
613,8
6^
714
83i8
a^s
73,8
69g
69ia
6»,8
71,
7
7
7"ia
715,8^
8
laonjTaea
613,8
7>4
83,8
8
9>4
9H
9T,,
9',g
9'',e
97, fl
915,8 915,8 91Sig 91*18 91*18 9'«ig
9%
1014
1014
lo^ lOH IOI4
lO'ig IOJ4
lOlg ID'S lOSg 10»8 10=8 lOSg lOOg
Ul,g IU4
III4
11^4
11>4
91.8
Wed Tb.
Ordtn'v.«I>
BtriotOrd..
Good Ord..
TEXAa
Sat.
1
1
rC
Wed
rb.
Fri.
6%
613,6
6%
73ia
8»i
7H
83,8
iSia
8i«
6%
73ia
8%
Tb. Fri.
Sfig
87,g
Sl-jg
83S
8%
8«ig
8<>e
81*18 81*18
8i3ie 8%
SiSra 8«18 9
9
8h
9I4
etr.L'wilid aiia
9
93,8
914
M3i8
9
93,8
93|a
939
MlddUni?...! 914
9»8
93|«
93»
93,8
93B
9'ia
97l«
gilig 9ih» 91018 »'«
9',^
Good Mid..! 9%
9lilR »'«
9'fl
Str, fi'd Midi 101,8 10
IOI4
10>4
10»18
U3,8
10
103ia 103,8
Midd'g Fair lO'it lOSg
10% 1058 lOUifl 10",8 lOSg 10»i« 10«,g
Fair
llHia 11
ll3ie li3,g
11
11 '4
u:<ia 11318 IIH
Str.G'dOrd
Low Midd'g
1
{
I
STAINED.
Sat.
j
Good Ordinary
i trlot Good Ordina
Low
»lb.
87i8
7>9
7I6ig' 715i8
811,8 SUjg
7%
.Middling
8"
Middling
mon Toesj W^ed
67ia
7I8
67ia
MARKET AND
Tb.
Fri.
67i«
7>e
7l5ie
638
63b
8"i«
8»8
8»8
SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the conrenience of the reader we also add a column which shows at a
glance how the market closed on same days.
SALES OF SPOT AND TBAITBIT.
SPOT MARKET
CLOSED.
Bat.
Mon
Steady
Steady
Taea
I>iill ,'vud
Ex-
Con-
port,
rump
!
easy
Weiik
Tliurs Quiet and steady
Frt.. Dull
330
100 1,045
380
....I
96 222
S31
....|
600 192
Total.
766 2,700!
Wed
....
Specul'l'n
Tran
lit,
;
DelivTotal.
Salt*,
trie*.
330 29,200
1,145
26,700
380
818
531
792
40.200,
deliveries given
3,496 204,900'
;
tor April, 1,592,800; September-May, for May, 2,793,400.
We have Inoladed the above table, and Bball oonUnne eaek
mont h. It
week to give, the average price of f ntnrea each day for each
' Aver.
Tke
will be found nnder each aa.T following the abbreviation
average (or each month for the week In alsoilven atbottom of table.
Tranateral le Orders— Saturday, 9 '.iOc; Monday 0150.; TniWllar.
9-150.; W6<1i eeday. 9 lOo.; Thnraday. J-lOo.; Friday. 9-lOC.
Short notices for June— Thurwlai", 905i'.
m
tw
26,000
28,100
64,700
'
....
above are actually delivered the day
previous to that on whlon f Uey are reported.
The Sales and Prices of Futures are shown by the following comprehensive table. In the tatement will be fcuno' the
The dally
* Inolndes aales In September, 1885, for September. 130,200: Septea
b«r-October, (or October, 301,700 8«pteml)e<--November, for November
416,400; September- December, for December, 928,200 Septembeisfaa
narr, for January, 2.004,200; September-February, for Febnurr
l,3fo,00f; September-March, for March, 1,745,400: September-April
The following exobanges have been made during the week:
•11 pd. to exoh.
200 July
for
Aug.
pd. to exch. TOO July for Aug
•12 pd. :o exch. 100 July lor An*.
10 pd. toexoh. 100 Jime tor July
12
•13 pd. to eich.
•11 pd. to exch.
'08 pd. to exch.
400 Sept. for Aug.
200 Jnly for .Vug.
600 Jan. for Jaly
.
1
.
THE CHRONICLE.
732
—
Quotations itor Middling Cotton at Other M.4.rket8.
the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for eacb
m
in
1886.
1885.
1884.
643,000
17,000
933,000
28,000
Si-Q.OOO
9s8..i00
64,000
50,700
Total Great Britain stock . 660,000
5,600
Btook at Hamburg
43,200
Stock at Bremen
27,000
Htock at Amsterdam
500
Stock at Rotterdam
1.300
Stock at Antwerp
161,000
Stock at Havre :.
5,000
Stock at Marseilles
0H,000
Stock at Barcelona
13,000
Stock at Genoa
_]_2,000
Btook at Trieste.:::
961,000
5,4CO
49,400
46,000
BC3,000 1.033,700
4,000
3,90'
f.7,000
51,300
£0,000
40.00'
186,060
4.000
66,000
8,000
6.000
Total Continental stocks
334,600
372,100
Total European stocks
ladla cotton afloat for Europe.
P91,e00 1,333,100 1,423,800 1,431.5
32."',000
237,000
361,000 3< 6,000
254,00(.'
2i 0,000
70,000
77,000
4.=i,00C
Ooo
l.=>,000
14
3,000
430,825
424,727
443.977
385,756
43,197
43.190
87,983
107,206
7,t'0U
2,U00
27.856
8,300
bales.
Btook at Liverpool
took at London
Amer'n cott'n afloat for Eur'pe
BgjTit,Brazil,&c.,a,lltforE'r'pe
Btock|ln United States ports ..
Stock in V. 8. interior towns..
UnltedBtates exports to-day..
1833.
480,000
2.U,000
i0',0>0
443,977
107,206
27,sd6
bales
L^erpoofstock
Continental stocks
afloat for Europe...
Halted States stock
United States interior stocks..
Doited States export 8 to day..
Savannah.
Charleston
611,000
30ri.000
77,000
70,000
424,727
43,190
2,000
43,197
8,300
742 0)0
257.000
2ol.OO0
afloat
246,Oot
:i8,000
28S,000
04.000
113,100
237,000
3,000
l,S4.80u
3C1.000
15,000
13 ,800
366,001-
233,000
50,70(:
45,000
843.500
1,493,039 1,474,233 1,4.16,917 1,778,808
613,100
619,600
&o
8>2,S00
2,112,639 2,037,353 2.339,717 2,622.308
5%d.
blind.
Si'ud.
A^ed
lOSso,
11=80.
lO^uC.
g^isC.
week
have been
KP~ The imports into Continental ports this
86,000 bales.
The above figures indicate an increase in the cotton in sighi
to-night of 3o,2S6 bales aa compared with the same date uf
1885, a decrease of 337,078 bales as compared with the corresponding date of 1884 and a decrease of 509,CG9 bales as
compared with 1883.
Total visible supply
Price Mid. Upl,, Liverpool
Price Mid. Upl„ New York
8^8
8 '8
8u.e
|n,8
8.1,8
S'8
8!H
|i..8
..
9
Interior
9
9
9
9
9
9
9
938
939
9a,fl
Philadelphia.
938
85«
87e
9>
938
938
9»ia
938
8=8
938
93,8
938
8=8
..
Augusta
Memphis
St.
9
Fri.
8\
S3t
8%
8>i
8n,e
8111^
S'b
9
B:S
1'"
8»s
8 '8
B's
Louis
r«
Cincinnati,..
Louisville
r^
8%
8!H
838
&:i,6
93a
8»8
8^6
i^
S's
9
l'«
8!(»
K3.J
8%
Receipts from the Plantations.— The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts no r
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
Week
BnOint-
1884.
May 7
"
"
St^ at Interior
Receiptt ot th< Ports.
1885.
1884.
1886.
1
1
1885.
1
1886.
15,657
S.BS.Jj
39.150' 81,285' 81,(.23 221.127
8,681
9,413!
S4,7MI
14
21
7n,3i'i\
from Plant'm.
TVnvns. Rec'vtt
70,945200,006
1881,
1
14,089
S.863
7.429
29.417, 7J,o23
28
8,181.
6,964
23,790
61,1:4
12,581
3,917]
lH,8:i7:
36,109' 01.ti4Il,S9.841
4,510'
4,129
22,773
5ii,.15,5
47 701 118.907
8,655
"
11
8.40.<
The above statement shows
—
2,22 S
3,281
June 4
64,:»i: 171,490
57,80?' 150,692
188e.
B64
7o0
1,7,-0
486
48
1886.
18,164
13.68S
3,887
4 988
2.H89
1.839
total receipts from
the plantations since September 1, 1885, are 5,311,006 balea;
1884-85
were
in
4,740,493 bales; in 1883-84 were 4,773,8-54 bales.
2.
That, although the receipts at the outports the past week
were 22,773 bales, the actual movement from plantations was
only 1.839 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the olantations
tor the same week were 48 bales and for 1884 they were
2,655 bales.
1.
That the
—
Amount of Cotton IN Sight Ju.ve It.— In the taole below
we give the receipts from plantations in another form, and add
to them the net overland movement to June 1, and also the
takings by Southern spinners to the same date, so aa to give
amount of cotton now in sight.
suOstantiailly the
1885-86.
1884-85.
1883-84,
1882-83,
Receipts at the porta to .T'lie 1 5,i.07,949, 4,710,007 4,77i,6.i5 5,869,15ft
Interior stock.a on Juno 11 in
excess of September 1
103,0)7
30,486
1,199
82,27»
Tot. receipts from plauta'tns 6,3ll,0(i6|4,710,493 4,773,854 5,951,434
Net overlaui to J uiie 1
807,031 5' 6.3 1
562.100 627,317
Sjuthern cousumpt'n to J'no 1
290,0o0 2S2.O0O 280,000 300,000
Total,
Little
ON—
Thuri.
.
week and
—
8\
8%
—
Towns the movement that is the receipt^
since Sept. 1, the ehipments for the week, ana
the stocks to-night, and the same items for the corresponding
period of 1884-85 is set out in detail in the following statement.
At the
8^
IS
Wilmington
43<',S25
87,»83
7,000
8%
Wednet.
Norfolk
Boston
Baltimore
'•
Oontinental stocks
India afloat tor Europe
(tec,
700.000
s:
Tuei.
Orleans,
o,30t
392,800
Mon.
. .
Mobile
2,!)00
2t.0,000
38.5,7.^6
163,000
17,000
100,600
325.000
14.000
Lonrtonstock
Total East India,
Total American
New
1,493,039 1,474,2,53 1,456,917 1.778,808
Total American
Xa$t Indian, Brazil, ae.—
Liverpool stock
Egypt, BraaU,
Halveston
16.',OC0
24:,000
0,000
8.900
69,000
90.000
12,000
16,000
8.000 _13.«J00
460.800
OLOSINO QDOTATIONS FOR MIDDLING COTTON
Week ending
Satur.
2,112,639 2,087,333 2,1^39,717 2,622,308
Total visible supply
the past week.
2,400
Ot the above, the totals of American ana other deeorlpuous are as loUo v
American
da.v of
HCO
500
800
XUI,
(Vol.
bales more than at the same period last year.
The receipts at
the same towns have been 5,923 bales moi'e than the same
week last .year, and since September 1 the receipts at all the
towns are 704,938 bales tnore than for the same time in 1884-5^
The Visible 8di*ply of Cotton to-night, as made up by caole
and telegraph, is as follows. The Continental stocks, as well a*
thoce for Great Britain and the afloat, are this week's returnp,
and consequently all the European figures are brought dowr
to Thursday evening. But to make the totals the complet»
figures for to-night (June 11), we add the item of exports fn
the United States., including in it the exports of Friday only.
for the
1
.
Raleigh,
1
LoulsviUp,
Houston,Breuhaou,
1
Newberry,
Petersburg,
old
Total in sight June 11
Rock,
N.
o
Texas.
Va.
Ark.
2
8.
Ky...
Texas.
C.
?i Pi
MO
W (y M
ci ro
a.
rf*>
v>
QD
03
-ci;flirco
^
01
to*.
'*-
Mjr.jj';-j
MM
toCMra
M*
CC-40:GC
tc w
»-
m M
M
r;aipCoc»ac>kcoMa:o:3'.c:jo
w'>.M
M
M
:^
lo
T^r*
<i
^-Wia^;
Vwio"*-'-' w;
^',
TO oj-
t^tCMCD'oorVirf*.
Ift'OL'tvCDivOS
en
(Xlit>0>tO|fk.QCIMF'Ul'
Oll^OlXUMtOCiD
1^.
3 o
CO-JI
!
u^^5 0^Mbo
;
1*1
,
CO
;_5
-.^
;
MtoatOMr-i-o
tow!
— O C O ^l CO
M -Q ^ to O I-"- 01
!D C »03 ^
03
M
tt-H:
i*-0>-4OM0lOC5-liJ'.
»•- C;i
10
•-',~^
oc.'Uos
w':cM 01 M
tn
S
'
l»*
»OiOM"-Mh-M
<£COM M
•
•
M'
M0>
-:
d^
CMMM'
OS^JaMOiCCCP. W03. p^.O-CD©«-
o-pt-oi
00*
MM
MM
CO
o>
CO
-J
fco
:
|
S
3
5;:
£
te
5^
«5
M
to
CD
Ot
CO
*-^
V
CDtOO^MM03M
It*
rf*0:-vl-vjy.
*"
— OJ
D-'- "pfc 'is"- 00
Mi
«-
M r- IC OS w
o
-^
.
b
'
CO
co:
»-cco::j>
W
<J
OS
c
M't^'-qWOJ
yM
00
CD
:
o o
tOC;*03tO
M. OOKOD^-O
c»
w 11
.
cs
-^
^
* ;^ i» to jD jT _f- C ;.£ U *. MO:M-~jw*-jc;t
CO ^ W X> Jt a
pp
»- M * to -"'qd'ixi'c CO — cs' - Vc'-j V kto b:
Oi ^
to
X r — ti c. c: X. c- *• *^ CO
1
cr;
;^'
-.1
is
470,694 bales.
Weather Reports by Telegraph.— The
we^ither during
whcile, bren quite favorable.
South wei-t and in portions of
but in sections of the Atlan-
moisture has given grass a
chance to grow.
Halveston, Texas. We have had rain on four days of the
c%
week, the rainfall reaching four inches and si^venty-lour hundredths. Average thermometer 77, highest 86 and lowest 67.
Indianola, Texas. It has rained .'plondidly on six days of
a the week,
the rainfall reaching two inches and sixty-four
a
hundredths. The croji is developing fiiely and blooms are
abundant. The tiermoraeter has averaged 78, the highest
being 83 and the lowest 68.
Palestine, Te:i as. There has been one fhower during the
week, the rainfall reaching ti n hundredths of an inch. The
crop is developing promisingly. The thermometer has averaged
75, ranging from 65 to 90.
Huntsmlle, Texas. Rain has fallen on four days of the
week and indications are that it extended over a large section.
S"
The rainfall reached two inches and two hundredths. The
cn.p is developing finely. The thermometer has ranged from
65 to 93, averaging 87.
Dallas, Texas. We have had showers on two days of the
Ni
week, the rainfall reaching nineteen hundredths of an inch.
a Cotton is making tine development. The wheat harvest i»
(X
progressing. Average thermometer 76, highest 91 and low-
—
s
—
—
tn
:
•
^
«k
<
frS ?
5
to
MtO
M
o>uocoosaM*.wTOi
1882-83
the wfek at ihe South has, on the
Fuither benefit to the crop in the
the West has resulted from rams,
tic and Gulf States an excess of
S.!fc
•"^oxa if'^^to- osy-]^^MC«-*jc-, ^
ooaMOj:.cojc-qo^o»a'Ct»-jao;cao
03
^
M ^
^oo50^<I^^CJ'Ccos
CDOXJOODO'Oi
W X -"
P
wJk-
csx^ixm-^o
tfi^:
-^ 03 •
U
1,6=10, '584 1,297,143 1,473,387 1,653,1
June 1
It win be seen by the above that the iucrease in amount In si^ht
to-ni.^-ht. as compared with last .year, is 8i9,23t bale.s the Increase
us cumpaicd with 1883-84 is 7»2,10J bales and the decrease from
:
;
CO
CD
c»
CC CO -J
00
CD
^:
c'-''Vcj>**b:Mtck.*XMt.;Mic'-
w
00
e
-J
o
M
fcO
woososoi — tP-o:to<l
oo
MCJW-ivaO
MMO;
It*. GO <I
M
1
-I'J j-tC C53: o
f»r^' gP:
:
;
C;i**tO
to
00
a
oitocs — ^-«^^M
§
*w
:
i
WM
Ci
OC *J
09
6,108,0J7:5,5S8,S24 5,6l.-.,954 6,878,751
Sorthern spinners' takings to
towns.
C...
:i
cooii^;nct,fi.Cioco^^»-iuo-si^oDQo;o
1.
'(£8
ll>.
—
c.,
M
lOM
CJii-l—
^-Wl^MC;l
M
J
**'?°
W;
OHOMOcOJMM
0)
e H- 1^ »3 >- -^ M 01
Xw-
.
05^03'
*.os^'
to*
coco
o:
M^^OiCXOOOCD^Os;
*.
;
.
,f*
Q^
1
Smw
CD tt'-
.
t^'
c.*
^,
CD
c.
^
M
W ft bt-ea
SS'cjtcSSfcS
—
est 63.
—
Austin, Texas. There has been rain on one day of the
week, and we need more, but cotton is developing pi o.uisingly.
show that the old mieiior stoctoj na.e The rainfall reached thirty hundreoths of an inch. The therdecreased during the week 19,531 bales and art to-night 04,000 mometer has ranged from 63 to
96, averaging 7(3,
rf».-)X'.i;t3
The above
totals
;
JUNH
THE CHRONICLE.
13, 1880.J
—
It has been sliowery on one ciny of the
thrfo liundre Ithn of an inch. (Jorn
ruin,
but
cotton
needa
is Krowinn nicely.
Thw tliorinomuter
avcraKHcl
W),
tlie
lii<hest
bfinn Ot imd the lowest 01).
haB
Cotiimhid, 'l'exa,i.—ll lias rained splendidly on four days of
the week, the rainfall reaching forty-four hundredthH of an
Luling, Texas.
vre«-k, llie luiiifall reiichiiig
788
Ckarltfitnn, ButUh Carolina— Vfo have had rain on four
days of the week, tho rainfall reaching one inch and elfihlreven hun<lrodllH. The thermometer hM av«rftged 77, tM
highest l)eing 85 and the lowem 67.
Ulateburg, Umith Uaroltna.—V/e hArt> 1.
on four
days of the week, the rainfall reaching two
twenty
hundredths. There haa been too muoh rum, noi w^ned* are
There never whs a better prospect for crops of all sorts.
Cotton blouuia are plentiful. The thermometer has averaged ((rowing so fast that the/
are baoommg trouLIesome. Tho
78, ranging from OS to 03.
thermometer has averaitea 71*2, ranging from r.2 ii> A-i-S,
Cuero, I'ex-iis. We have had deliirhtful showers on two
Wilson, North Carolina.— It has raino I ..
.4 of the
days of the week, which, according to indications, extended week, the rainfall reaching eighty-four hnn.l.
inch.
over a large area. The rainfall reached seventy-six hun- The thermometer has ranged from 61
to80, tt»or.iKuig 75.
dredths of an inch. Cotton is developing finely and there are
The following statement we have also received by telegraph,
plenty of blows and young bolls. The thermometer has •howing the height of the rivers
at the point* oatned at 8 o'clock
ranged from 0^ to 97, averaging 80.
June 10, 1886, and June 11, 1885.
Brenham, Texas. There have been fine showers on three
days of the week, and croi)s are doing well. The rainfall
J'ne 10. '86 J'ne 1
reached one inch and thirty hundredths.
Average thernet. Ineh. rttt. Ineh
mometer 78, highest 94, lowest 66.
Rbw Orleans*
Ahnvo low-water mark. 14
2
4
S
Helton, Texan. We had one line shower during the week, MBinplils
Above low-watermark. 17
A
21
a
the rainfall reaching fifty hundredths of an inch. Cotton is NaHlivllle.
Almve low-nater mark.
»
2
8
8
Above low-water-mark.
3
growing promisingly, Ayerage thermometer 78, higtiest 'Hi, JhreveiMjrt
1
78
*
VIoksburK
Above
low-waier-mark.
as
2
30
4
lowest 64.
Weather ford, Texas. We have had rain on one day of the
• Now reported above low-water mark,
inateadlof below hlxh-water
week, but not enough to do much good, the rainfall reaching mark a« prior to October 30. 1885.
only three hundredths of an inch. More rain is needed. Corn
India Cotton Movbment from all Ports.— The receipts
Cotton is doing well, but would
is hurt and cats are a failure.
be benefitted by more rain. The thermometer has avaraged und shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to June 10.
73, the highf St being 91 and the lowest 56.
jSew (Jrleans, Louisiana. It has ramed on six days of the
BOMBAY KB0BI{T8 AND SBIPHEim FOB rOUB TEAKS.
week, the rainfall reacliing three inches and eight buudredtbs.
\8Mpmenlt Ihit week SMpinentt Since Jan. 1.
The thermometer has averaged 77.
Beeetptt.
Skreveport, Louisiana. We have had rain on five days
Oo7Ui-\
Oreal
OontiThiB
ToUU.
Tear.
of the week, the rainfall reaching seventy-nine hundredihs
nenl. Total. Britain nenl.
Week.
of an inch. The thermometer has averaged 77, ranging from
1886 21,000 47,000 63.000 203.000 063.OOC 83 J.OOO 43.000 1,222,000
€6 to 94.
188.'>| »,0()0! 16.000 l.i.i 00 181,000 13i.0OO
6;0.000 40,000 901,000
Cotnmbus, Mississippi. It has rained on five days of the 1884 20,000 10,000 30.000 I3i>,000|.'i52.000 «8'i.000 6'>,000 1,424,004
week, the rainfall reaching one inch and forty-three hun- 1883|1H,000|45,000 t»3.OO0|359,0OO!7^4,000 1,0!!3.000 50,000 1.465,000
dredth'^.
The thermometer has ranged from 63 to 88, averagAccording to the foregoing, Bombay appears to show an
ing 73.
Leland, Mississippi. ^The weather has bepn warm daring increase compared with last year in the week's receipts of
the week with rain on four days, the rainfall reaching two 3,00C bales, and an increase in shipments of 23,000 bales, and
inches and ninety- five hundredths. The thermometer has the shipments since January 1 shew an increase of 313,000 balee.
The movement at Calcutta, Madras and other India ports for
averaged 74'4, the highest being 84 and the lowest 63.
Excepting Friday and Saturday, the last reported week and since the Ist of January, for two
Little Rook, Arkansas.
"Other ports" cover Ceylon,
the past week has been cloudy, with gentle rains on three years, has been as follows.
days. The rainfall reached one inch and thirteen hundredths. Tuticorin, Kurrachee and Coconada.
Oood crop reports from all sections of the Siate. Average
BhipmenU for the week.
Shipmentt tinet January 1.
thermometer 73, highest 85 and the lowest 60.
Helena, Arkansas. It has been showery on five days of
Great
Contiereat
TOUU.
the week, the rainfall reaching one inch and twenty-eight
Tirtat.
Brttoiu.
nent.
Britain. Continent.
hundredths. There has been too much rain in some places,
end just enough at oMiers. Crops ars somewhat in the grass. Oaloatta—
1886
1.000
4S,000
1,000
2,000
26,000
71,000
Weather clear this (Friday) morning. The thermometer has
1885
1,0U0
1,U00
54,400
11,500
65,900
ranged from 63 to 84, averaging 74.
Madras—
1886
3,000
3.000
Memphis, I'etmessee. We have had rain on five days of
1885
4,000
4,000
the week, but the weather if now clear. The rainfall reached All otliere—
forty-seven hundredths of an inch. The rains have been
1886
23,000
13,000
36,000
1885
17,100
23.400
40,500
feneral, and in most parts of this section much heavier than
ere. Some complain of too much rain, which has prevented
Total aUthe working of crops and made grass and weeds troublesome;
1,000
1886
1,000
2,000
71,000
39.000
110,000
1885
1,000
1,000
7S,.S00
34,900
average thermometer 73, highest 65, lowest 63.
110,400
Nashville, Tennessee. We have had rain on five days of
The
above
totals for the week show that the movement from
the week, the rainfall reaching two inches and seventy-one
hundredths. The thermometer has averaged 73, the highest the ports other than Bombay is 1,000 bales more than same
week last year. For the whole of India, therefore, the total
being 88 and the lowest 56.
Mobile, Alabama. It has rained on six days of the week, shipments since January 1, 1886, and for the corresponding
the rainfall reaching two inches and twenty-eight hundredths. periods of the two previous years, are as follows:
BXPOBT8 TO EUBOPB FBOM AIX INDU.
Crop accounts are less favorable. There has been too much
rain, causing grass to become troublesome. The thermometer
1886.
1885.
1884.
has averaged 75, ranging from 69 to 88.
Shipmentt
Since
TkU
to all Europe
TMi
«ine«
TKU
Montgomery, Alabama. Telegram not received.
Sinet
from—
Jan. I.
wee*.
VM»k.
week.
Jan. 1.
Jan. 1.
Selma, Alabama. It has been showery on five days of the
week, the rainfall reaching five inches and forty hundredths. Bombay
63,000 8.12.000 45.000 620.000 36.000| 982.000
are having too much rain. The thermometer has aver- All other porta.
110,000
1,000
110.400
2,000
163,800
aged 78, ranging from 68 to 88.
70.000 942,000 49.OO0I 730.4M) 36,00O 1.145.800
Total
Auburn, Alabama. Telegram not received.
Madison, Florida. Telegram not received.
Manchester Market.— Our report from Manchester toMacon, Georgia. We have had delightful showers on four
days of the week, and the indications are that they extendtd night states that the market is quiet for both yarns and shirtings, and that the demand in each instance continues poor. 33a
over a wide surface. Th'* crop is developing promisingly.
Columbus, Georgia. There has been rain on every day of cop twist is quoted at 7,Lj(@7f^d. and %]^ lb. shirtings 5s. lA.®
the week, the rainfall reaching two inches and nmety-fire hun- 6s. 7d.
dredths. We are having too much rain, and in consequence
Cotton Aorsaoe Report. In our editorial columns will be
weeds are growing and becoming troublesome.
Average
thermomerter 80, highest 89 and lowest 71.
found to-day our annual cotton acreage report, with an account
Savannah, Georgia. We have had rain on six days of the
week, the rainfall reaching two inches and six hundredths. at length of the condition of the plant in each section of the
The thermometer has averaged 78, the highest being 88 and South, together with our rainfall and thermometer record.
lowest 66.
It is quite remarkable that our figures and report which
Augusta, Georgia. The weather has been warm, sultry
and wet during the week. R an has fallen on five days to were prepared on Wednesday and given to the Cotton Exthe extent of four inches and twelve hundredths. There has
been too much rain, preventing the working of crops. Ke- change and the press early Thursday morning, should corr^
ports on the development of cotton are less favorable than spond so nearly to the Agricultural Bureau figures and conlast week.
The thermometer has averaged 73, ranging from
dition results which were not issued until Thursday afternoon.
62 to SO.
Atlanta, Georgia. We have had rain on every day of the We mention this only as a coincidence tending to establish
week, the rainfall reaching one inch and seventy-three hundredths. The thermometer has averaged 71 "4, ranging from the accuracy of the conclusions reached and increase confi61 to 84,
dence in the methods employed.
inch.
I
—
m
—
—
—
—
—
|
—
—
—
—
—
—
—
—
—
We
1
—
—
—
—
—
—
—
—
—
..
.
:
THE CHRONICLE.
734
rvoL.
xm.
The particulars of these shipments, arranged in our usual
New York Cotton Exchange—Annual Election.—The form,
are as follows:
annual election of officers and managers of the New York
Bre- Rottermen <t dam li
Trieste
Cotton Exchange was held on Monday, June 7. The followLiverSam- Ant- Barce- and
ing were the successful candidates:
Bull. Havre, burg,
trerp.
pool.
lona. Saples. Total.
Prefident-Charles D. Miller.
Vice President— J. H. Parker.
Treasurer-Walter D. Miller.
New
>
„ „ „ ,^
t> t> nof Managers -Thomas M. Foote, R. P. Salter Theodore P. Ealli.
H. Hollis, Thomas Scott. M. H. L-hman. William Mohr, C. W. Ide, Ex.
Horton. George E. Moore, S. T. Hubbard, Jr., George A. Chapmau, J. O.
_,,
.
Board
J.
Bloss,
W.
F. Sorey, B. S. Clark.
Trustee Gratuity FuDd-N. Gwynn.
^ „ „
o xt»,w ,j
Inspectors of Election— A. G. Rlunn, Jr., J. B. Guest, 8. Uhlfelder.
New members were also elected as follows Mr. Henry
Co.; Mr. Robert W. PatterBchaefer, of Siegfried Gruner
..
:
&
Downing & Co. Mr. Thomas D. Harrison.
Agricultural Department's Report on Acreage.— The
Agricultural Department at Washington issued on the 10th
The followinst. its report on cotton condition and acreage.
ing is what it says on the subject of acreage
son, of Patterson,
;
:
The tendency to increase in area of cotton has been checked In the
Eastern States of the cotton belt. Returns show a slight reduction in
South Carolina, Georgia and Alabama. The more Western States, in
which settlement and farm extension has been active, exhibit some
Increase, mainly in Texas. The net increase is abnut 250.000 acres, an
advance of 1% per cent. The record stands: Virginia 99, North
Carolina ICO, So. Carolina 99, Georgia 98, Florida 103. Alabama 99,
Mississippi 102, Louisiana 102, Texas 107, Arkansas 102, Tennessee
101.
the report of the Department on condition
The conditio.n of the crop is lower than in 1985, averaging 88-7 per
cent
last year. It is lower in seven States, and
eent, against 92 per
higher in North Carolina. Florl<la, Texas and Tennessee. The State
averages are: Virginia 95, North Carolina 97, South Carolina 83,
The following
York. 11.198
18,545
is
:
Georgia 83, Florida 97, Alabama 87, Mississippi 88, Louisiana 85,
Heavy rains have caused
Texas 96, Arkansas 83. Tennessee 99.
daniBge in Georgia, and drought was threatening in Texas, broken since
irregular,
but has been practibeen
by retreshing ralus. The stand has
cally remedied by replanting.
The above statement of condition, compared with the reports
is as follows :
AORICULTDKAL DEPARTMENT'S JUNE CONDITION REPORTS.
for previous years,
Mobile
Charleston.
Wilmingt'n
97
Bo. Car...
83
83
Georgia...
Florida....
Alabama..
Mls'sippi.
Louisiana.
97
87
88
85
96
83
Tennessee. 99
Texas
A rkansas
Average.
88-7
93
96
95
93
92
92
95
90
91
96
97
96
99
93
87
72
E5
77
85
92
92
87
The average given above
given by the Department.
602
Norfolk....
Baltimore..
Boston
Philadelp'a
87
93
85
78
80
96
88
92
100
102
94
90
89
90
93
86
89
93
82
92
89
97
95
88
81
85
86
94
87
86
91
89
90
92
104
98
98
94
93
95
98
104
98
97
99
96
99
for all the S;ate8
is
80
91
101
101
98
101
98
96
99
95
94
100
94
123
14,830
22;i23
2,985
6,403
1,844
9,332
5,988
5,203
1,716
123
70,474
1,500
450
4C0
'
Total... 62,164
359 3,130
1,500
1,500
1.493
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
th? latest dates:
New Orleans—For
Liverpool- June
5— Steamer West Indian,
2,468....
June 7-8teamer Norfolk. 2.930.
Charleston— For Barcelona— Jnne 5— Bark Umberto Prlmo, 1,800
8— Bark
June
Ties Auroras. 1,169.
Wilmington- For Liverpool— June 10— BariEma,
Norfolk— For
Liverpool -June
Steamer Alava, 3,802.
2,,506.
5— Steamer Capulet,
4,289
June 10—
Nbwi>ort News -For Liverpool—J ime 6— Steamer Sultana, 4,830....
June a—Seamer Ni-eto, 4,212.
Boston- For Liverpool— May 25— Steamer Virginian, 3,783
June 1—
June 7— Steamer Roman, 3,056.
Steamer Bulgarian, 3,034
BALTiMOiiE-For I-iverpool-June 8- Steamer Baltimore, 7,702.
Jiiae 9—Steamer
For Bremen -June 2— Steamer Leipzig. 1,001
Weser, 750.
For Rotterdam—June 7— Steamer Nettuno, 385.
PuiLADELPHiA-For Liverpool— June 1—Steamer British
Juae 8— Steamer British Princess, 864.
Prince, 1,631.
Below we g^ve all news received to date of disasters to vessels
oarrylng cotton from United States ports, &c.
TvNEMOUTii, steamer (Br.)— Sixty-flve more bales of cotton were up to
May 20 got out from the steamer Tynemouth(Br.), previously re V>ort6d wrecked at Terschelling.
Ibis, bark— Steamer Confldenee, with lighter Oak in tow, arrived at
Hyanuis June i from wrecked bark (bis, with 86 bales of cotton.
A bale of cotton was passed May 29, 10 A. M., lat.23 N., Ion. 74
25 W., by steamer Alvena (Br.), at New York.
Cotton freights the past week have been as follows:
87
99
90
96
96
97
106
100
99
1,098
2,078
2,985
6,403
1,844
9,332
5.538
5.203
1,316
Julie
1882. 1881. 1880. 1879. 1878. 1877.
Condition. 1836. 1835. 1884. 1883.
No. Car...
359
1.500
N. Orleans.
92
90
91
98
91
94
94
1
the average as
d.
aall...d.
XHs
ruM.
Uon.
Satur.
Uverpool, ateam
Wtdna. Ihurt.
^6i
6sa
»S2
»S2
»33
....
....
....
....
....
Fri.
*ii
....
Havre, steam.... e. bie^iias 6i6»ll33 6ie®ii3a B„»ll,5 5lfl«"32 6l6®l»3>
Do
c.
....
....
....
Bremen, steam.. e.
1133
"39
»32
"32
....
..
....
....
hs
'IS
5l6
"Sis
30
30*
sail
Do
sail
e.
Hamburg, steam.o.
Do
Ball....c.
Do
sall...c.
Keva), steam
Do
sail
e.
Baroelona.eteamd.'
Genoa, steam
—
—
....
....
....
"eiWsa
d.
....
....
....
....
"f4
"«4
"64
e.i'f 43132 1»,4»-'3S 13.4 a "3i
Jute Butts, Bagging, &c. There is only a moderate call Trieste, steam... <f
for bagging, and few inquiries are in market for large quan- Antwerp, steam.d
No change is reported in prices, sellers not caring to
tities.
Per 100 lbs.
j
.
i^si®^* 15,4«>«
isa'si
^3964
1664® *
>e3»64
....
30*
....
i:i£4»733 iSg^aTj,
....
"64
'V®'32
"m®
°18
....
I3„a73„
11^4
618
30*
....
I3fl4«732 1364*"'3a
Um
....
30'
30*
....
..*•
....
....
....
imst'd'm, steam.c.
....
»39
I4
H'a>'»M
iTg^aSj,
13,,^a7s3 13e4»'3J
16«43'4
"64
'««9S4
««
accept less than Q^c. for 1^ lbs., 7e. for 1?4 lbs., 7,\'c. for
Liverpool. By cable from Liverpool, we have the following
2 lbs. and 8i>^c. for standard grades, while a shade higher is
statement of the week's sales, stocks, &c., at that port,
asked by some dealers. Butts have moved along in a small
weeks for comparison.
way and the feeling is easy. Some few lots have been taken add previous
for paper grades and 2@2J-i^c. for bagging
at l.^gtglJsf.
May 28. June 4. June 11,
Jfai; 21.
qualities, 2,000 bales being reported, and the market closes at
these figures.
67,000
66,000
75,000
bales.
57,000
Bales of the week
2,000
3,000
2,000
2,000
Of which exporters took
Shipping News. The exports of cotton from the United
12,000
6,000
9,000
specjilators
took..
3,000
Of which
States the past week, as per latest mail returns, have reached
46,000
42,000
51,000
46,000
Sales American
So far as the Southern ports are concerned, these Actual export
4,000
70,474 bales.
2,000
5,000
4,000
14.000
12,000
18,000
12.000
are the same exports reported by telegraph, and published in Forwarded
643,000
654,000
633,000
630,000
With regard to New York we Total stock—Estimated.
the Chronicle last Friday.
Of which American—Estlm'd 4.i0,000 461,000 490,000 480,000
include the manifests of all vessels cleared up to Thursday Total import of the week
60,000
92,000
90,000
63,000
43,000
-2,000
77,00c
39,000
night of this week.
Of which American ...
Total bale/.
232,000
249,000
244,000
283,000
amount afloat
Mew Yobk—To Liverpool, per steamers Adriatic, 419
181,000 135, WO 120,000 104,000
Of which American ...
City of Chicago, 1.603.... Egypt, 2,107.... England (addi879....0Iympla, 1,040.. ..St.
tional). 2,000.... Nevada,
for spots and futures each
market
Liverpool
11,193
Eonans, 3,150
The tone of the
,
1,500 day of the week ending June 11, and the daily closing priced
To Hull, per steamer Chicago, 1,500
359
To Havre, per steamer La Chamnagne, 359
100 of spot cotton, have been aa follows:
To Bremen, per steamer Fulda, 100
Westphalia, 452.
502
To Hamburg, per steamers Polynesia, 50
50
To Rotterdam, per steamer Leerdam, 50
Saturday Monday. ruefday. Wedntt. TKurid'y. fnday.
Spot.
Nooidland,
To Antwerp, per steamers Jan Breydel, 650
1,048
393
Fair
100
To Trieste, per steamer State of Alabama, 100
Steady.
Market,
business
Steady.
Steady.
Firm.
Firm.
23 12:30 P.M.
To Naples, per steamer Circ£i8sia, 23
doing.
—
We
—
xw Orleans—To
Liverpool, per steamers Actor. 3,069
Statesman,
Alice M. Minott, 2,872....Alecia, 6,750
18,545
Venezuelan, 2.714
3,149
1,928
To Bremen, per steamer Ixla, 1,928
180
To Hamburg, per steamer Ixia, 150
1,500
To Barcelona, per bark Josefa Formosa, 1,500
2,985
MOBtLE-To Liverpool, per bark Pricillo, 2.985
per
Charleston— To Liverpool, per steamer Azalea, 5,030
6.403
bark Nicoletta F, 1,373
Wilmington—To Liverpool, per bark Charlotte and Anna, 1.844. 1,814
HORTOLK-To Liverpool, per ship Governor Wllmot, 7,630
9,332
per bark George B. Uoaue.1,702
Baltimore— To Liverpool, per8t«amers Barrowmore, 3,553
5,538
Nova Scotlan, 1.985
450
To Bremen, per steamerJDonau, 450
KanCatalonia,
1,347
per
steamers
Liverpool,
BOBTON—To
5,203
sas, 3,85.i
Philadeij'hia- To Liverpool, per steamer Lord Olive, I.SIG... 1,31(5
400
To Antwerp, per steamer Switzerland, 400
Total
70,474
„
.^
Mid. Upl'ds
5'l9
Mid. Orl'ns,
10,000
Sales
1,000
peo.Aexp
5i«
53l6
5>8
5Sjg
5>«
53ig
53i«
10,000
1,000
10,000
1,000
10,000
1,000
10,000
1,000
FiUurtt.
Market,
1 2:
Market,
4 p.m.
\
(
1-61 ad-
Qnlet.
Steadj.
steady.
Qnlet.
Qoiet.
:
steady.
at
1-64 de-
Qalet.
Qnlet.
cline.
vance.
Very
teady.
500
Firm
Steady at
\
30 P.M. ^
8,000
Quiet
and
steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated,
The pricei are given in pence and SiOu, thue: 4 63 meant
^63-6id., and 5 01 meant 5 l-64d.
Df
-
..
JuNi
.
THE (CHRONICLE.
13, 1886.
al» Jane
0.
BI«B.i
Jane
786
Taa*., Juaa H.
T.
OBAUt
R fv~'WoaMni, .••.... 6S
75 • 88
BtaM and Canada. .. 66
a2ia*
Oato-Mlxed
83'a* 8B
WkMa
B<>t* 8^
IS a
•*- "r-TBd
75 • 88
Saia*
78 • 87
te
87%*
32 • 44«t
.....mu ...7.
05 91
42>a* 44
42 • 46
Hiale. twoTOwed... 73 •
42 • 46
State. •Ix-rowed.... 80 •
48 • 54
Peaa-Ctenada
60 •
44 • 47
Wheat
0pm
Oun
Htgh £ow. Otot
d.
Ht«k Low. dot
4,
4.
SOS BOB BOS 508
SOS SOS soe BOS
SOS 508 SOS BOB
sot) soe Boe BOA
SOT 6 01 B07 6 07
soa S03 Boa SOS
4<I3 483 4«3 483
IRS 4 88 4a« 4M
4SS 4«3 4B8 «e2
BOS
BOS
BOS
BOS
B07
BOS
BOO
468
408
500
B06
SOB
BOO
507
BOS
BOO
403
403
Wedoe*.. June
Than.1 June 10,
May
Mar-JuD*..
Juns-Jnljr.
Julr-Anil,.
AUK.-Sept.
iloptombor..
Bopt.-Oct.
Oot.-NoT.
NOT.-U«0
t.
il,
SOS
B06
SOS
S0«
S07
SOS
BOO
463
4SJ
HprlnK.pnr ba*h.
BprliiKNo.2
Bad irtnler, No. 3
Bad winter
0»«n a<«k Low OIM,
d.
«.
4.
4.
BOS
SOS
soe
BOB
S07
BOS
SOO
60«
B04
SOS
BOB
506
BOS
4SS
462
46a
S04
S04
BOS
BOS
608
SOS
483
46t
482
SGI
S04
BOS
BOB
BOS
SOS
468
48S
4 63
463
4
B04
S04
SOS
600
SOO
SOS
4 63
4«S
462
4 6t
White
Oom—Weet.
mixed
Waet. ulz. No. 3.
Weet. white
Weat. yellow
.
WhItoBoutbetn..
Yellow Boiitheru.
48
38
44
S
m
78
88
70
The movement of breadatuftB to market la indioat«d in tha
•tatemente below, prepared by us from the flgurea of the New
7ork Produce BxohanKe.
flrst give the reoeipta »t Weatem
lake and river purbt, arranged so aa to present the oomparat<ve movement for the week ending June !i, 1888, and ainM
July 30 for each of the last three rears:
We
9.
Op«n Sigh Low.
Clot.
0pm
BiQh
A.
4.
4.
4.
4.
4.
4.
SOS
SOS
SOS
Sb«
S07
503
463
SOS
SOS
SOS
B0«
B07
SOS
IBS
SOS
SOS
SOS
soe
S07
SOS
SOS
SOS
SOS
SOT
BOS
483
BOS
BOS
606
SOT
SOT
SOS
483
BOS
S04
BOS
SOO
SOT
BOS
4 83
Oct .-Not... 4 82
N«T.-Deo... 4 82
4 82
4 62
4 82
4 62
4 82
4 62
BOB
504
SOS
S06
SOT
S03
463
463
4 63
M»T
Mur-June...
Jan«-Jal7.
Jnlr-AUK...
AOK.-Sept
66ptember.,
.
B«pt.-Ocl...
.
6 06
Loy>. OUu.
Opm
4.
4.
BOS
B06
BOT
SOT
SOS
4 83
4 63
4 63
183
4W
4
1 1.
Hl«h hov.
4.
Olai
4.
SOI 5041804
804 BU4 SM
BOS SOS SOS
SOO 808 S(l6
806 808 808
802 bat 8 02
4 83 463 483
46S 4 82 4 62
4 69 462 4 82
8 08
4 83
4 82
Jnnc
FrI.,
82
8 04
604
806
808
soe
OMtiptt at—
Jtour.
Wktat.
Com.
Oola.
BbU.lMUu BtUhJMlit ButhMU* BuokSiat
1M.S87
1,600.318
l.4!<0,871
8)9,11)4
18,920
176.816
88.9S4
18.000
381.900
186.120
83.789
40.189
107.308
29.000
16S.296
870.180
l,095,Tie'
2.887,802
2J02.720
1.2 2.188
2n03.13S
1.708.S0*
Ctaloago
Milwaukee..,
6 02
Toledo
8»,37S
4,191
lejt
Detroit
2^74
89.070
4 82
4 62
Cleveland
4,624
29.720
...
81. Louis,
«MS4
78,464
.
Peoria
4.180,
Oulttth
BREADSTUFFS.
Fkidat, p. M.. June
The market
11,
1888
and meal improved early in the week
under review, and pricfs, without making any decided advance,
favored sellers to some extent. But trade has since relapsed
into dulneee, leaving valuessomewhat unsettled and nominal.
The wheat market has been excited by an active speculation
and unusuuUy wide fluctuations in values. Early in the week
for flour
a long -continued drought in the Northwest gave rise to very
unfavorable reports regarding the prospects for a crop of
epruig wheat, and an active epeculal ion for the rise was th.
result, which on Monday carried options for August to 88c.
but the fall of copious rains relieving tipprehensions of injury
from drought caused a sharp decline. The export demand
has been quite moderate throughout the week, and the visible
supply does not decrease with the rapidity that was anticipated. To-day a collapse of the bull party at Chicago, and
the sale of its holdings, caused a further sharp decline and a
very unsettled closing.
In
DAILY CLOSINO PRICES OF NO. Z BSD WIHTBB WHEAT.
Sal..,
Mon.
Tue$.
Vtd. Thun.
elevator
87
8514
84
84!%
87H
87^
July rtelivciy
Kvgim
8739
87*i
9014
9114
(lellvcry
Beiiteuilipr delivery
Dewinlier rtellvery
January rtellvery
Maydellvery
9o^
8758
8714
8758
SOig
9m
95%
h!>H
8SI4
8578
SSSg
8968
9358
there
Id elevator
July deUvery
AUKiist deliverv
Beptcmber delivery
42%
44%
43^9
45i«
4314
445b
46
4fi'a
45''8
46''8
4714
46%
33%
II
J
August dellverv
September deUvery
Rye has been
31»a
quiet
34J«
3214
and nominal.
34>«
S2i«
Si's
There
WmtPiXX & XXX..
Buih.
1.228,141
24 ',524
N News.
4318
43
4358
45«»
46'<
IhU
46
lAur».
31%
F^i-
33%
SS^i
33ia
Si's
3;<'«
3158
no new feature
2 80»
3 109
3 75»
3 SO"*
3 85»
Patents
4 75»
Sovubem «aper«
3
008
FLODB.
3 00 SantIi'noom.extrM..
3 35 Southern bakero'nnd
tamlly branda
3 50
4 60 Svo Sour, suparflne..
riae
3 75
4 8> Oom meal—
5 30
Western, *o
Brandrwlne, Ao....
3 40
V.Orl'ns
Rlohm'd
3 859 4 75
3 25* 3 40
2 30» 2 70
2
40*2
.'9.614
88.^
123,641
17,562
'~Bbtr~
Oatt.
39.069
68,493
Btuh.
2.470
10,819
9,4l6
124',687
24. 14
ports for the
Barley,
bugh.
biigh.
10,150
2i',286
1,471
9,751
22.751
29,400
19,901
71,244
45
Ry«.
Peat.
Buiih
Buth.
16,761
1,692
20,280
86,533
18,530
.50
5.500
Total w'k, 2,087,933
602,326
18S5.
830,192
163,768
137,451
16,761
52,505
970,200
191,023
144,246
20,234
85,698
The
visible
m
supply of grain, comprising the stocks
granary
accumulation at lake and seaboard
at the principal points of
and in
ports,
by
transit
rail
Wheat,
In $t&re at—
biuh
:
Bye,
Barteg
biuh.
bush.
l>ush.
54,515
12,373
2u8.0UO
1,000
1,745.847
237,700
63,200
270,216
30,000
21,152
19,606
6,706
6,060
34,329
8,243,709 £,138,421
388.547
26,438
sb'.sai
15,089
85,857
2,530,372
afloat
5.372,840
afloat
870,295
Toledo.
Uetrolt
1,054,207
75,000
OiweKO
U>uls
Olnolnuati
Boston
Toronto
Montreal .... ...
Philadelphia
Peoria
Indianapolis ....
Kansas City
Baltimore
.....
Minneapolis
621,819
lOS.OOO
141,712
377,384
639,386
295,206
1,221
.
258.718
32,569
12 ),0<K)
53.249
31,401
1,416.003
6.000
36,450
99.668
7,000
248,891
6.182
73.869
108,741
31K,133
28,376
57,995
88,794
94,279
75.3.10
19,9.30
198.395
249,8'3
91,928
578,609
3,5.58,367
•
1,957
4,131
40,593
2,421
87.537
14,422
11,000
17.426
11.V38
11.083
13i26o
779
42,66i
2J,S40
34.000
2,279
392
1.956
>• ••
913,000
Paul
Mississippi..
canal
935,485
2,701,000
Juno
5. '88. 3.1.4«.5,946
lakes
Tot.
Tot M;»y
T)t. J>ine
Tot. Juno
Tot. Jane
•
1886
afloat
Ooluth
Do
5,
579,002
afloat
Milwaukee
Do
OalM,
bush.
2,111,015
Buffalo
Do afloat
Do
Oom,
2,63.^.458
Kew York
Cniloa«:o
and water, June
2!>.
^6.
34.8-t8,.M>6
0. •83*37.2;U.271
7, '84* 16,5'«5.639
9, -83* :0.582,466
8,600
282,800|
8,861.323 2.188.<)69
7,914.831 1.919 8 VO
274,075
6.407.753 2,816.135 215.678
886,246
7,953.541) 3.492,634
14,617,432 4,338.580 1,733,508
70
....• 2 70
09,808
9,749387
4,499390
6JS2,977
8*me time
On
On
On
f3 40» 3 80
224,837
137
199.659
161,900
5,000
144,635
1
St.
33''8
79 120
563,475
Flour.
B<uh.
176.9»3
66,676
308.58.1
Albany
44
32,227
125,109
71.382
158,,i46
29,188
St,R89
149,750
.Montreal.
Pbiladoi..
Balilin're
St.
»bbl. $2 10»
Soring whOHt extras.
Minn ciearaadstra't.
Wlnti rshlnp'ee«r:»9.
WhecU.
Do
43'«
is
Oom.
from—
8858
92»«
The following are the closing quotations:
ooperflne.
Bxfiortt
87%
44%
412;4V3
2t,«05
39,373
17,429
2,400
~
The exports from the several seaboard ports for the week
ending June 5, 1886, are shown in the annexed statement:
89i«
93i8
45'*
4838
OaU,
bush.
e38.4'<0
23?,:i86
bu/th,
Total weelt... 266.488 1,733,005 2,27t).41t 1,123,951
week '85.. 276.317 1,782,206 1,504.836 833.884
88
F^i.
Oom,
Wheat,
bugh.
Cor.
Sl'^s
in barley malt.
Wne
18,739
5,467
12,618
(si's
87ifl
was
JulydeliTeiy
30 5*3
8314
8414
dull and weak,
DAILY CLOSINa FBIOES OF NO, 2 OATS.
Hon. ru««.
Wed.
Sat.
"34
June dPlivpry
3414
34
34%
16.802^54'
21.278
81
recovered in prices, and trade, as well as
speculation, became quite active. There seems to have been a
more confident feeling growing up among holders. To-day
the market
16.803.702
06 993.801* 87.319.700
Baltimorp
Rlohniond
New Orleans...
84
Oats partially
'
W.MAl SIS 83.984.066
H4 7i5S33
\fontreal
Boston
unsettled feeling.
OAILT OLOSntO PBIOES OF NO Z MIXED COBM.
Hon.
Tuei.
Wed. Thuri.
Sat.
8,xi5.424| 9» 588 582
PHlladelphla...
Sew York
was some further decline and an
20.0C9.0I8
Boston
Portland
F^t.
have been sold at extremely low prices. Strictly
prime parcels are comparatively gcarce,not only of mixed, but
of white and of yellow.
Futures have been relatively weak,
in expectation of an improvement in the average quality of
54,SS8,418
bblg.
8,446
8.760
72562,
1.815,826
c)2.3Se.045
Ftnur,
9314
92'fl
115.088
20,678
7,38^.023, S3.'.f0S,436
120,245 1,051.150 1,232.240
57,54S 190,41,5
64,975
2400
8,800
19,150
2,S22.344|
At—
Sew fork
lit
12.128
4,798
11""
9.-3,888,
lilM.
182,807
2i,ses
The receipts of flour and gram at the seaboard
«reek ended June 5, 1836, follow:
83
88>a
179,296
118.686
145.6g«
7,9.-.2.018l
83%
qualities
To^ay
Tot. wk. "88
Same wk. '85
8aina wk. '34'
Stnet Jutyne
iwe-se.
t8M-8B,
83»8
Indian corn has been inactive, whether for speculation or the
regular trade, and the course of prices has been quite unsettled, with some irregularity. Considerable lots of the stocK
in store have been discovered to be unsound and inferior
the receipts.
872.727
BorU».
AHk.4f)Ib«
Minneapolis and
St.
Paul not Inoloded.
283.493
321.387
2I0.O09
314,998
474,849
THE CHRONICLE.
736
THE DRY GOODS TRADE.
Vew
Yobk, Friday,
P. M.,
June
11, 1886.
The market for dry goods has presented few new or inter-'
esting features the past week. There was a considerable influx of wholesale buyers from the South and Southwest who
placed 6ome fair-sized orders for fall and winter fabrics for
later delivery, but their operations were chiefly confined to the
purchase of small parcels of seasonable goods for immediate
distribution.
The order demand from "Western and near-by
fair proportions, confirming the belief that
jobbers' stocks are exceptionally small, and badly broken.
The jobbing trade was light and irregular, a fair business
having been done in some descriptions of department goods,
markets was of
while the most staple cotton and woolen fabrics were more or
XUL
[Vol.
done in doeskins and Kentucky jeans at steady prices. CloakIngs, Jersey cloths and stockinetts were in fair request, and
leading makes are steadily held at ruling rates. Woolen dress
fabrics continued to meet with a fair share of attention, and
some liberal orders for both all-wool and worsted dress goods
were placed for future delivery. Flannels have been more
sought after by intending buyers, but actual business in these
goods was only moderate in the aggregate. Blankets were
a trifle more active in some quarters, but buyers are evidently
in no great hurry about making up their assortments. Carpets
have met with some attention, and tapestry Brussels and
ingrains have been opened for the coming season at a reduction of from 23^c. to 5c. per yard from former rates.
Foreign Dey Goods.— Business in importing circles ruled
quiet, as usual at this stage of the season, and the jobbing
trade in foreign goods
was only moderate.
For dress goods,
and men's-wear woolens the demand was chiefly of a
The main features of the market are substantially hand-to-mouth ctiaracter, and light in the aggregate. White
less quiet.
goods, embroideries and laces were distributed in small
unchanged. There was a little more disposition on the part of
parcels to a fair amount, but linen goods ruled quiet, and
agents who are about closing their semi-annual accounts with there was a limited business in hosiery and gloves.
the mills to shade prices in order to close out small accumuImportations of Drr Goods.
lations of certain fabrics, but the tone of the general market
The importations of dry goods at this port for the week
continues steady. Collections in most sections of the country
ending June 10, 1886, and since Jan. 1, and the same facts for
are reported satisfactory, and there is every reason to believe the corresponding periods are as follows:
that the financial condition of the trade is in the main perfectly sound.
Domestic. Cotton Goods.—The exports of cotton goods
during the week ending June 8 were only 792 packages, of
which 350 were shipped to Great Britain, and the remainder,
in relatively small parcels, to other foreign markets. The
coming week will, however, witness a considerable export
to the early departure of a steamer from
China and Japan direct, via Suez Canal. The demand for staple cotton goods at first hands continued light as
a rule, but some fair-sized lots of wide sheetings, bleached
goods, &c., were moved by means of slight price and time
concessions. Print cloths were in fair demand and dearer,
the market closing firm at 3 3-16c. plus J^ per cent for 64x64b
and 2%c. plus 1 per cent for 56x608. Stocks last Saturday and
for the three previous years were as follows:
silks
m
si
§
-
^
-
iii;
eii;
OtOMI-'CO
00 on CO a to
COtOWtJMO
to
o
i" CD
CO
CO »- 01
i
movement, owing
this port to
June
Full Klver mauufaoturers...
Providence speculai org
Outside speculators (est)
June
6,
1885.
74,000
6»,000
150.000
20.0u0
445.000
375,000
324,000
275,000
361.0j0
285,OoO
150,000
&
volume.
Dick inson,
1
COV)
-JtO
*J
^I
H>"
M
^
n
M
1-"
to
1^
r.
05
O"
k-
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too
cn'oo
ut^tococn
QCtO
CDX'
(-co
:j'
'J a» CO CO
K)*»>
10 en
10 to
CDOO
OOi^CJiOf-'
10 <i to to to
OCO (P^ CO GO
M to tow
r- Oi en
a <B
»q to
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ODUiyicoW
W
o: -1
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"rfi'tO*
y
ICOW
OS
CO CO -^ oco
ooaotitsrf^
^ CO Oi CO
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tf^H't-'MCO
CnODOtOM
I
ccacool**
-J
t
tU. >-«
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^s
X ^ -J to
COOOQCOOi
1*^
to CO to CO
OC to 00 00
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ccat<icD^^
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coco
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ro
Ot
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CJCS
CO**
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COOtOOl —
COC0QCCi)»>
OQ0»-C0C0
10 to
0DO;^lfkCO
to Ol <)
^-^
^cnco<jo
CO :o
'£>
w
(-•
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OD
CD
(^
—
ocscntoa
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MOD
COUtOXCD
I
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ifkUtCOCCO
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to OS
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M
OCD
«UI
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MCO
cou>o:dco
CO
I
^vnst (^ampvinUB,
NEHER & CARPENTER,
Send for circulars to
Bankers, Troy, N. Y.
Eastern Managers for Company.
THE
Provident Life &Trust Co
PHILADELPHIA.
OF
Incorporated Third Mo..
82d, 18«S.
(CHABTKR PERPETUAL.)
?1,000,000
ASSETS $15,621,530 63.
INSURES LIVES, GRANTS ANNUITIES, RECEIVES MONEY CN DEPOSIT, returnable on do-
CAPITAL
Is allowed, and is empowfey law to act as EXECUTOR, ADMlNlS'fRATOR, TKUSTEK. GUARDIAN, ASSIGNEE. COMMITTEE, RECEIVER, AGENT, etc., for the faMb-
mand, oron which interest
ered
Co.,
I.A\rRENCE, KANSAS,
Offers to investors the best securities in the market.
MOKTGAGk LOANS UPON IMPKOVBD
Interest and principal paid on day of maYork. Funds promptly placed. Large
experience. No losses. Send for circular, references
and sample forms. F. M. PKRKINS. President; J. T.
WARNB, Vlce-Prest.j L. H. PERKINS, Secretary
New
Treaa.; N. F.
a®
H«OS
•-4
American Loan & Trust Com-
82,000,000.
tOCOCOOi-
50.cn *•
o;o«a&<]Qo
oos^aw
est absolutely guaranteed. Securities for guaranty held by the
Authorlz'd Capital
OtOh-OO-J
«5 CJ» QO OS --
»—
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mortgages, interest (J per cent to
7 per cent, principal and inter-
8200,000.
it>-t5q>to<i
CJ»H«
Igatm '^XoxtQRQCs.
NORTH-
"cDoowcoVj
Vbtrf>>coco
COhCCCO
a
Pald-Up Capital,
CHA8. W. GII.LKTT.
oco
'cow
pany, of Boston, Mass.
Farm Mortgage
t-to
CC Ot Ki QO to
00 <i -J r-
COCO
on
CO
MINNEAPOLIS.
THE WESTERN
turity in
\
0s^^«-0
M OSOO r-p«
wwacioj
Hi
I
recommend to conservative
investors our
BKA L ESTATE L0AN8 on Improved City and Farm
Properties. These have been made by us after rigid
investigation of title and values, and can be transferred at once. CX)rre8pondence solicited. Highest
references East and West.
FARMS.
CO to
Mcoait*!-'
atoi-'tocrt
WESTERN
GUARANTY
LOAN CO.,
COIiORABO.
We have on hand and for sale flret-clasa County
and School Bonds and other choice securities. We
FIRST
CO©
c;i
tf*.
^- to to to
O
-----
INVESTMENT BANKERS,
DENVER,
especially
_.
<Si
629,000
Stocks of really desirable
catsimfres, worsteds and overcoatings are, however, so well
in hand that prices are firmly maintained by the mill agents.
Satinets ruled quiet in first hands, but a fair business was
Hay den
«D H-
tooocooi
M
—
pt0rtgafljes.
'-O
iF^i^tf
and later delivery, and prices remain firm.
Domestic Woolen Goods. There was a fair movement in
men's-wtar woolens in execution of back orders, but new
^arm
to-^
a
OS
O
reS'tricted in
COM
to
cower cDW
2P5,(iOO
Printed cotton fabrics, as lawns, batistes, fine sateens, fouchambrayp, &c., continued in pretty good demand, but
ordinary printed calicoes ruled quiet. Staple and fancy ginghams, also fancy crinkled seersuckers, plain seersuckers and
chambrays weie in steady request, but dress ginghams remained sluggish. Cotton hosiery was fairly active for prompt
was
C£)tO
CO
lards,
business
— o -J o»
7,
319,000 1,419,000 1,091,000
Total etock (pieces)
to
coco
1884.
1886.
Slock of Print Olottie—
Held by Providence manut'rs.
June
5,
coa>
CO
HART.
Auditor
Farm Mortgages
In Sams of $100 and Upwards on In
dlana and Ohio Lands.
NOTBma SAFER. ALWAYS PROMPTLY PAID
8BND FOB PAMPHLKT.
JOS. A. MOORE,
81 East Market St., IndlanapoUa, InA
8%
7%
6%
The
tul
performance of which
Its
capital
and surplus
furnish ample security.
American Investmenr Company, of Em- fund
All trust funds and Investments are kept separate
metsburg, Iowa, incorporated with a paid-up capital and apart from the assets of the company.
of 8300,000, with branches at Huron and Mitchell,
The income of parties residing abroad careiiuly
Uakota, ofTer
first
Mortgage Farm Loans
in
Iowa,
Neb., both Principal and InterAlso 6 per cent Debenture Bonds
Company), running 10 years, seloans deposited with the ftlercaulile Trust Co., N. Y. It also Issues Demand
Certlflcatcs of Deposit at 6 per cent interest. Write
for pamphlet and references
Office, Emmeteburit, Iowa. ^, _,
E. 8. Urmeby, Vrea., 130 Nassau Ht.. N. Y.
Minn., Dakota, and
cut Ciiiaranteed.
(obligations of the
cured bv Mortgage
Home
oollected
and duly remitted.
SAM'L R. SHIPLEY, President.
W18TAR BROWN, Vice-President.
ASA S. WI NG. Vice-l^resident and Actuary.
T.
Metropolitan Trust Co.,
Mlllo Building,
35 Wall
St.,
New
York.
CAPITAI-, $1,000,000.
PAID UP
as a legal Depository by orter of SJ-
Designated
George
B
Eustis
AKKBBB.
&
CINCINNATI, OHIO.
Co.,
preme Court. Receive dep( .sits jf money on Interea^
corporj.
fiscal or transfer agent, or trustee for
tlons, and accept and execute «ny le«a' "•"'•"^''2
persons or corporations on aa favorable temu M
ict aa
„^
,.
.jjj^i^ASHlLLHOnSE. President.
FREDKltlC D. TAPPKN, Vice-Preslde»t.
WALTER J. BRITTIN, Secretary.
other similar companies.
vui«ip
.
I
:
THE CHRONICLE.
Jxntt 13. 1886.J
tU
Segal Hottcc.
United States Trust Co.
OF XKW TOKK.
No. 49 'A'ALL STREKT.
Capital
and Snrplnn,
$6,000,000
nloKal dppnsltory for moneys paid
Into court, and Is uutborlied to act aa ifuaraiao or
This coniiwiny
In
truatee.
INTKUEST ALLOWED ON DEPOSITS,
which ninr bo mnde nt any time, and withdrawn aft^r
and will bo ontltlod to Interest for
the whuio time they may remain with the company.
fire dayH' not Ico,
Kxecntortt, admiiil»tratMrs, or
rtistees of estates,
t
and fumaieHUnaccustumed to lie ransactlon of business, tvi well as roiiKiou» and bonevniont Institutions,
will find this company a ooiiveniorit depository for
JollS A. STKWAKT. President.
money.
WILLIA.M H. .MAOY, Vice-President.
t
1
JAMEHH. CLAUK.Seoood Vlce-l>res't
THVSTKES:
W. W. Phcips, John It.Rhoados.
Dan. H Arnold,
ThomasiSlncomb,
I).
Wtiiia James.
Anaon
P. Stokes,
C'harlea K. Bill,
JohnJ.Astor.
Kobt.II. Minturn,
Wilson t). Hunt, John A. 8lewart, Weo. H, Warren,
8. M. Buck'tiham (ieo. Kliss.
H. Macy,
Clinton (iilbort.
ILK. Lawrence, William Libbey,
Daniel D. Lord,
Isaac N. Phelps, John ('. Brown,
Wm.
Banuiel 8loan,
James Low.
Erastus Corning, Edward Cooper,
Chittenden, W.Bay'rdCuUInK
Chas. S. Smith.
8. B.
HENRY
L0D13
L.
a.
THORN BLL,
Secretary.
HAMPTON, Asaiataat Secretary
,
Union Trust Company
NEW YORK,
OF
73 Broad Wiiy, cor. Rector St., N. ¥.
CAPITAL,.
SURPLUS,
$1,000,000
<I2, 000,000
Authorized to act as Bxocutt)r, Administrator,
Guardian, Heceiver, or Trustee, and is
A LEOAL DEPOSITORY FOR MONEY
Accepts the transfer agency anJ reiristry of stocks,
and acts as Trustee of mortKa^tes of corporations.
Allows interest on deposits, which may be made at
any time, and withdrawn on dvo days' notice, with
Interest for the whole time they remain with the
company.
For the Convenience of depositors this company
also opens current accounts subject, in accordance
with its rules, to chock at sight, and allows interest
upon the resulting daily balances. Such checks pass
through the Clearing House.
Wm.
TRUSTEES:
James M. McLean,
Ambrose C. Kingsland,
James H. Ogiivlo,
Whitewrlght,
Henry A. Kent,
R. T. Wilson,
Wm. K. Russell,
S. T. Fairchild.
C. I). Wood,
James N. Piatt,
H. Frothingham,
George A. Jarvis,
I.
D. C. Hays,
lamesIForsyth,
C. Vanderbiit,
A. A. Low,
George Cabot Ward,
O. G. Williams,
R. o. Remsen,
Johnston,
Edward King,
E. B. Wesley,
D. H. MoAlpIn,
George B. Carhart,
J. B.
Henry Stokes,
Samuel
Edward
Schell,
Amasa J.
Robert Lenox Kennedy, Geo.
„
Wm. Whitewrlght,
C.
Parker,
F. Barger,
Magoun.
EXECUTIVE CO.MMITTEB:
G. O. Williams,
B. B. Wesley,
James M. McLean,
J. B.
Johnston,
C.
D. C. Iliys,
EDWARD
D. Wood,
A. C. Kingsland.
KING,
President,
JAMES -M, MCLEAN, First Vice-Pres't,
JA.MBSH.OGILVIK, Second Vlce-Pres't.
A. O. RONALDSON, Secretary.
The Union Trust
811
AND
613
Co.,
CHESTNUT STREET,
PHILADELPBIA.
»LOOO,000
Authoriied Capital
600,000
Paid-up Capital
Acts as Executor, Administrator, Assignee, etc.,
and executes trusts of every description known to
the law.
All trust a.H.sets kept separate from those of the
Company.
%iS»l
nominiNAioivBRt* Annvmv9mmm
8ALHOFTHE PROPBRTT Or THB DBNVBR
A KIO (illANIlH RAILWAY COUPANT.-ln
equUj. -CIIAIII.KS V. WORHIHIlurrna and
oth«raTi. TilK DKNVBKft RIO ORANDB RAILCOMPANY and olhfln. No. l.579.-Notlosl«
hereby given that undor and pursuant to » decree
entered In the ahoTo enUtted ceoie bjr the Circuit
Court of the United Sutea for the Dlatrlct of Ooloradt>.on the fifth day of Mat. 1M0. end In execution
of the power of salo oonteliied In a oerUln deed of
trust diited tbo flrat day of Juinery. IS60, end of two
certain deeds of further Meorance. reepeotlTely,
dated Norember SSd. 1880.
September 80th. ISSsi
all executed by the tuiid The Denrer ft Rio Qrande
Railwaj Company, to uh ae Tmnteei). default havlofc
occurred In tbo payment of the principal and Interest of the bonds secured by said deed of Trust, we
win. OD the twelfth day of July, 1888, at Denver.
Colorado, at the front door of the office of the shops
at Buniham of the Denver ft Rio Qrande Railway
Company, In the City of Denver, In the State of Colorado, at twelve o'clock noon, sell at public auction
to the htiirhest bidder, and as directed In said decree.
all and singular the railway property and premises,
rldhts. franchises and Interests, lauds and appurtenances of the Denver ft Rio Qrande Railway Company, conveyed or Intended so to be. by satd deed of
trust, and by said two certtfn deeds of farther assurance respectively, and all tbo riRht, title and
interest, claim and demand whiitaoover, benefit of
equity of redemption and statutory right to redeem
of said railway company, of, in, and to the same,
said premises and property being described as fol-
WAY
ud
lows
:
All the right, title and Interest of the said The
Denver & Kio Grande Railway Company, In and to
the said franchises of the said company, Its entire
lino of railroad then or thereafter constructed and
in fact ex'endinif fnira the City of Denver southward via Acequla. Scdalla, Castle Ki.cit, Douglas.
and Colorado ^prings to 8 uth Pueblo on the Arkansas itivcr. thence still southerly, via Cuchura to
El Moro and the El Moro collieries also from Cuchara westward, via Placer and Qarlund, to Alamosa, ou the Uio Grande Del Nurte, thence southward, via Antonlto, In Colorado, and Chaniitw, in the
;
Territory of
New
Mexico, to Espanoia.
in said last-
mentioned Territory, and from A ntonito, westward.
via Chama, in New Mexico, to Durango. in Colorado.
and thence northward to Silvertou, in San Juan
County. Colorado, wlih branches as follows: From
near So lalia aforesaid to the Cannon Coal Mines on
Plum Creek, from Castle Rock and Douglas, aforesaid, to the stone quarries; from Colorado Springs
to Manitou, from the depot, at South Pueblo, to Bessemer, wltn side trucks at Bessemer; from KI Moro
to the coking works and coal mines of the Colorado
Coal ft Iron Company; from Placer to the Placer
Iron Mine; from Alamosa westward, via Del Norte
to WrtKon-Whcel Gap, and from Durango to the San
Juan Smeltinir Works, and from Silvertou to the
Silverton smelter; and also from South Pueblo, westward and northward, up the valley of the Arkansas
Ulverva Labran, Canon City, Grape Creek Junction. Salida, Ilecia and Malta to Leadville, thence to
Krisco and Dillon, with branches; from a point at or
near Labran, up Coal. Oak and Chandler Creeks to
the coal mines, fri.m Grape Creek Junction to West
Cliff in the Wet Mountain Valley, from Hecla to
Calumet, and from Malta via Red ClitT to Rock
Creek, and from I^eadvllle to various mines and
smeltlnjr works, inclurtlnsr the Leadville Iron-Silver
Mine, 104 miles: also from Salida via Ponctaa.
Mears, Gunnison, S)ii)inero and Montrose, to a point
on the western boundary Hoe of the State of Colo-
where c4ninecLion is made with the Denver*
Rio Grande Western Railway, with branches from
Ponchalo Maysville. and thence to Monarch, from
Mears to Hot Springs, from Gunnison to Crestod
rado,
Butte and the anthracite coal mines, with a spur up
Taylor River; and in addition about four hundred
and twenty miles of railway heretofore projected.
surveyed, located and partly constructed or partly
located from and to the points and on or along the
routes as follows; From a point at or near Acequla
aforesaid up the valley of the South Platte River
into the South Park, and thence to a connection
with the line from Canon City to Jjeadville through
the Uto Pass from Manitou toward the Platte Biver
near Florissant; from Frisco aforesaid to Breckenridge; from Dillon afortsa'd down the valley of
the Blue River to Its Junction with the Grand River
and into Gore's Canon, with a branch up the valley
of Muddy River to Muddy Pass up the Snake River
from its mouth toward Montesumii; from Rock Creek
aforesaid to Dotlance City from po nta on the lino
between Mears and riot Springs aforesaid to BonanzA and Saguache. »nd thence to a connection with
its said line from <:uchara westward at a point on
said line between Garland and Del Norte from SapInero aforesaid to Ijtke City; from ;Silverton to
Eureka drom Montrose aforesaid to Ourav; from
Wagon-W heel Gap aforesaid to Antelope j?prings;
from Silverton aforesaid to the Red Mountain mines,
from Chamita aftprewiiid up the valley of the Chama
River to (^hatna nforesjiid and from Bsponola aforeaid to Albuquerque in iNew Mexico.
Together with Its railway and all its right, title and
Interest of. In, and to the telegraph line on and along
the same as such railway and telegraph line has been
constructed and completed, tr been located and partogether, also, with ail
tially constructed and built
the rolling stock and equipment of whatever nature
and kind owned or acquired and also all the lands,
tenements and hereditaments acquired or appropriated, for the purpose of a riaht of way for said
railway and telegraph lines, and all the easements
and appurtenances thereunto belonging or In any
wise appoitaining. and all the railways, side tracks.
switches and spurs, ways and nghts of way. and
rights of way and trackiufc over other lines than the
line of said company, depot grounds, tracks, bridges,
viaducts, culverts, fences, and other structures,
;
Burglar-Proof Safes to rent at $5 to S60 per annumWills kept in Vaults without charge.
Bonds, Stocks and other valuables taken under
guarantee.
Paintings, Statuary, Bronzes, etc., kept in FireProof Vaults.
Money received on deposit at Interest.
JAS. LONG. Proat. JOHN G. RKADING,T.-Prest.
MAHLON s. STOKES, Treasurer & Secretary.
D. K. PATTERSON, Trust Officer.
DiRKCTORS. -James Ixmg, Alfred S. Oillctt, Joseph
Wright, Dr. Charles P. Turner, William S. Price,
JohnT. Monroe, W.J. Ncad, Thomas it. Patton.Joho
G. Reading, Wm. II. Lucas, l>. Hayes Agnew, M. I).,
Jos. 1. Keefo, Robert Patterson, Theodore. Engel,
Jacob Nayior. Thos. G. Hood, Edward L. Perkins,
Philadeh'Hia; Samuel Kiddle, Glk.v Riddle. Pa.;
Dr. George VV. Reily. HaKUISBURo, Pa.; J. Simpson
Africa, IHTNTINGDON; Henry 8. Eckert, Rkadi.nO!
BdmnndS. Doty, Miffmntown; W. W. H. Davis,
DOTLBSTow.v: R. E. Monaghan, WB8T CHE8TXB;
Chaa. W. Co<iper, Allsntown.
;
;
;
,
The Brooklyn Trust Co.
& Clinton sts., Brooklyn, N. Y.
This Company is anUhorized by special charter to
aw as receiver, trustee, guardian, executor or adCor. of
Montague
iDlnl.itrati>r.
It can act as agent in the sale or .oanagomeni ol
real estate, collect interest or dlvidondj*. receive
registry and transfer bo<iks, or make purchase and
laJe of (iovernmentand other securities.
Religious and charitable institutions, and persons
ttnaccustoraed to the transaction of business, will
nod this ('ompany H safe and convenient depositor?
formoney.
KIPl.KY HOPES. President.
W. CORUK8, Vicc.Pres't.
EDMUND
TRUSTEES.
Josiah O. Low,
B. F. Knowlton, Henry K Sheldon
Al«i, M. White, JohnT. .Martin. C.D.Wood.
A. A. liOW,
Fred. Cromwell,
MaTa.
tox.McCue,
JohnP. Rolfe, RiSiy
Idh. Cbauncey. E. vv. Coriles,
B
"'"•<
"' ^illi.
'm. B. Ken<UlS.H. B. Pierrepont.
jAS. Bo8a CuBkun, 6««retarr
Wm n
ho^
AbrS
"^
;
depots, water stations, station-houses, engine-houses,
car-houses, w< odhouses, warehootes, macliine-shops,
workshops, superstructureat areotioos an<l fixtures,
all locomotives, tenders, cars and other rolling stock
or equipments, and all rails, ties, chairs and machinery. tools,^mplementa, fuel and matarlal whats<H>ver,
which the said railway company acquired, for or In
respect of the locating, constructing, operating, renewing, replacing. re pulrl tig and raalntalning)>al<rrallway and telegraph lines, or any part thereof, or (-onvenient or necessary for uso for the purposes of
such railway and telegraph Hues, or In connection
therewith, and with the buslaess of said railway and
elegraph Une«i together. aUo, wUh all betterm euta,
l^otice.
•d«IU0M. iBMMMMMa, rawMn. renewals and rePlfflMMOU mt*. to,oa or a^on said ra Iway and
ialavrapliilDaa. or aoT sartor porUon ther«itf. all
Oi>rp(*mtA fmnf^hluM of the said railway tvmimnf. of
any naturo rolaling ttaaralo. Includiou ilio riNhU.
|K>wem and rraiichlsaa grantad to and ramfarrad
up<«ntheMld railway oompmnf. lU fooaaaaova aftd
ansiaps, undar and by vlrttta of tba aeU ol Coi^rMa
in the said bill raeftad. and a)*o lb«
10
survey, hKiate. oonatmot, malRlala, naa. aB4 OMTMta said railway and t«<earaph Unas on or alowtS*
£mSBm
roQteor rout^rfrofOCIoiwo inaatdeartMaaCaotSoorw
iMtratlou, Including the ngnt to enter tba MOne
lands, appropriate and asalba muam. aa lo aald aou
of Coagiaae provided, whieh Um said railway «q«.
9*i" tmaa. exarelMd. or anjoyad. toiratliar
P^,?
with all andslDgnlar
tarn tnaawmmnm \ur*,fnm mnd
advantages, tanamenta, liaradltamf<>
or.
tenanoes to the abova-maotlonad ro.
te.
graph Unas belonging or In anywU*<nt;
and tba ravaraloa or r«Tanions.remninof!r ano ramalDdere. tolls. Inoomae, ranta, Isaues and profit*
thereof, and all the eatate, rtebt. tltl*. Int. rest, pn^p_ poeeaaslon.
erty,
-ilon.olalm
claim irnd
irnddaroand
demand whataoe<er, at
well at law asI In aqultr, present or future of the said
rallwar company, of. In. and to the Mme and every
part of the same and every parcel thereof, with tba
appurtenances, all books, maps, papers, voncham.
documents, receipts, outstanding claims and dnae
relating to said railway or the bnalnens thereof, and
together with all other Hoes Oi>nstructod and built
by the said dffendant railroad corporation, and all
the rights wnd fraaoblaas belonging or In anywisa
apperUinIng thereto; soblact. nevertr eless. as to so
much of said railway and tielagraph lines first abovedescribed, and the equlpmeota, franchises, and other
property appertaining thereto, as Is embraced within
a certain deed of truat, bearing data the thirteenth
day of April, eighteen hundred and seventy one. and
made and executad by said railroad company under
its corporate si-a' and the signatures of Ita l^resl.
dent and Secretary respectively, and delivered to
John Edgar Thomson, of the dty of Philadelphia
and 8tate of Pennsylvania, and Hamoel
Velton of
Philadelphia, in the State of Pennsylvania, and
lK>uts H. Meyer of the city and 8tat« cf NewVork,
as Trustees to the lltn by said trust deed created
subject. alm>, as to »o much of the said railway and
telegraph lln^s first above described, and the equipments, franchises and other propertv appertaining
thereto, as is embraced by a certain ffaed of further
aHNurace thereto, dated the thirtieth day of November, 187H. and made and executed by said railway
company under its coporate seal and the signature
of its President and Secretary, respectively, and
delivered to said Louis H. Meyer, as sole surviving
and remaining Trustee, to the Men by said deed of
further assurance created.
Reference Is hereby made to the Inventory of the
Receiver for a more full and detailed description of
the mortgaged premises, which description also Includes all additions to the n ortgaaed proiiettyand
premises, made or to be made by the Receiver, and
also all railroad supplies wblch the Receiver may
have (m hand at the time of sale, or may acquire
thereafter before delivery of possession.
The foregoing premises will be sold as an entirety upon the following terms and conditions
1st. The purchaser or purchasers will take the
property subject to the amount of the prior lien and
Incumbrance under the prior mortgage af April l»th,
1871, and the deed of further assurance ot November 30th, 1878. executed by the said railway company.
and under which Louis W. Meyer is now the sole surviving and remainlnc Trustee, and to all the rights,
interests and Hens which it may hereafter be determined that the said l^uis II Meyer, aa surviving
Trustee, or his successor, or cestuia que trustent
sball be entitled to under and by virtue of any claim,
matter, or thing set forth In the petition of said
Louis H. Weyer filed in sold court on the 7th day of
April, i886; and subject, also, to all executory contracts made by the Receiver under t he authority of
court, and subject, also, to the debts and liabilities
of the Receiver, and said debts and liabilities will
remain a lien uiH)n the premises till discliHrged.
2d. No bid will be accepted from any bidder who
shall not pay in cash the sum of fifty thousand dollars (f50,000). and If tho sale be confirmed by the
court, the balance of the puri-hase money must be
paid within thirty (3(^1) diiys thereafter, but the purchaser shall have the right to anticipate the day of
payment. The mortijaKe bonds and overdue coupons
of the Denver ft Uio Grande Railway Company,
Issued under and secured by the mortgage or deed of
trust of January 1, 1880, and known as tne "consolidated'' mortgage, will be received In payment of tba
balance of the purchase money bid at such sale as
equivalent to so much in cash of the said purchase
money as will be distributable and payable thereon.
Hd. The Receiver will remain In possession of the
mortgaged premises with all powers hereiofore or
hereafter conferred, until tho conveyance thereof,
and will keep a correct account of the earning and
income of the premises accruing alter the day of
sale, and If the sale shall be confirmed, the purchaser, on delivery of possession by the Receiver,
will be entitled to receive the net Income and earnings accruing subsequent to the day of sale, and the
proceeds of such incoitje and earnings subject to
such payments as mav have been mat^ by the Receiver pursuant to orders of court now of force or
hereafter made.
4th. Upon confirmation of the report of sale, and
upon due Cf)mpliance with the terms of sale by the
purchaser, the undersigned, aa special Commlsslooors and as Tru.stees under tba said deed of trust and
dee<ls of further Hssurunce and tbe Denver ft Rio
Grande Railway Company will execute and deliver a
deed of conveyance to the purchaser, and the pnr<!haser.[or his successor or successors in intt- rest, will
thereupon be let Intopossessionof the pro|>erty and
will, also, at the same time, be entitled to receive all
books, maps, papers, records and documents of tho
Denver ft Rio Grande Railway Company, and of tbe
Receiver relating and appertaining to the francbisaa
and property Included ui tbe decree of sale above-
^'
'
—
M
.
;
.
;
described.
5th. If the sale shall not be oonflrmed by the
court, the amount of purchase money paid by tba
purchaser will be refunded withoat deduction onlasa
the non-confirmation thereof sball be due to the
fault of the purchaser, In which event tuch terms
will be Impoaad as tbe court shall think Just and
proper.
tUn. The said sale may be adjourned by announcement made at the time and place before-mentioned,
and. If so adjourned, such sale may be bad at the
time and place to which tbe same shall be so
adjourued without furtoor notice theraof.
For more speclflo statementof the rights anil pffip.
erty to be sold as aforesaid, and tbe terms and conditlons of sale, refarenca Is heraby made to tbe
daoroe In this behalf entarad as hereinbefore statatf.
Dated May SOtb. I8t0.
tOUlB H. MSTKB. and
JOHN
L. 8.
A.
8TKWART.
Special Commlsslonem and Trustees.
DIZOX, SoUdtor for Complainants.
WiLLIftll
• W. STJWftBT, 8«Uoltor for Trust ««•,
—
: :
—
;: ::
)
1
:
THE CHRONICLE.
Viii
[Vol. Xiili.
ganU ^tatjenxjcttta.
§attU ^tatjettxjeuts.
§tttfe Statements.
OF THE CONDITION OF THE REPORT OF THE CONDITION OF THE pKPORT OF THE CONDITION OF THE
REPORT
CONTINENTAL, NATIONAL, BANK of
^AT10NA BANK OF THE REPUBLIC, "" MERCANTILE NATIONAL BANK
New York, Ht the close of business on the 3d day of ,Vew Vfirk, at the close of business Thursday,
I.
June
of June, 1886:
RKSOURCKS.
Loans and discounts
14,012.381 55
.^3:3 52
65,000 00
2,000 00
OTordrafts
U. 8. bonds to secure circulation
U. S. bonds on blind
133.54-i 91
2ii6,48o 00
bonds and mortKages
Other
Due from other national banks
jjue from Mate & private b'ks & b'kers
Banking house
Other real estate
Current expenses and taxes paid
stocks,
Premiums
4»,213 bo
S86,oOu Ou
^''°-2^ '^,
ooq^ aa
paid
lo ,,k Vs
ci§''}!S Jo
"'^^•iVr. }S
5.500 00
«» Jl
730,550 50
506,900 00
Checks and other cash items
BxchanKcs for ClearinR House
Bills of other banks
«
Fractional currency (including nickels)
gpecie
I,egal-tender notes
Redemption fund with U. S. Treasurer (5 per cent of circulation)
2,475 00
»9,401.314 39
Total
»1,000.000 00
200,000 00
80,:-i40
Undivided profits
National bank notes outstanding
Dividends unpaid
94
**'*a9 22,
8,165
Deposits:
»3,861,3R3.98
IndlvidU'ils
2,228,424 04
National banks
807,295 91
State banks* bankers..
2,532 31—5,899,635 24
Certificates of deposit...
2,308,499 07
Acceptances
55,i73 92
Cashier's checks
$9,401,314 39
Total
State of
New York, County of New York, «».•
ALFR*!) H. T1MP.S0N, Cashier of the abovenamed bank, do solemnly swear that the above
statement is true, to the best of my knowledge and
ALli'KED H. TI.MPSDN, Cashier.
belief.
Subscribed and sworn to before me this 8th day
Edwi.v F. Cokky,
of June. 1886.
Notary Public, New York Co.
Correct— Attest:
I,
JOHN T. AGNEW,
FRKDKRICK TAYLOR,
1
Directors.
>
NATIONAL, ItANK
York, in thn State
'-f
New
of the City of
ork, at the close
of business, Thursday, June 3, 1886
UE80UKCKS.
Loans and discounts
:
$4,099,197 83
3,4-,;2
Overdrafts
60,000
U. S. bonds to secure circulation
38»,23S
Other stoi:ks,bond»&moit'8
295,632
Due from other National banks
42,078
Due from Sta'e banksand bankers
35,159
Current expenses
42,976
Realestnto
Exch's for Clearlne House $800,766 83
37,639 00
Bills or other Banks
Fractional p iper currency,
13 80
nickels and cents
428,646 00
Specie
635,000 00-1,701,965
Legal teiMler notes
of deposit for
legal tenders
U.
S.
$1,447,927
864.509
37, 17
8.373
792,416
579,573
Legal tender ni tea
Bills of other banks
Chec-sA Mth. cash items
Exch's for niear'g House
Due from national banks
Due from State b'ks and
1
24
00
00
45
38
31
70,997 61
banker"
Redeiupiion fund with
U. 8. Treasurer (5 per
cent of circulation) ..
22.275 00 —3.823,258 89
$11,322,b08 70
Total
Capital stock paid in
$1,500,000 00
500,000 00
:<urplusfund
153,657 24
Undivid'jd profits
26.558 65
Reserved for city ta.xes
364,970 00
Nati -nal bank notes outstanding
14,87150
Dividends unpaid
Deposits-Individual
$2,795,843 75
4,423.38140
Niltional banks
1,060.847 94
State b inks &. bankers
27,501 44
Demandctfs.'.f deposit
440,318 19
Certified checks
16.6T8 59 -8,763,751 3 1
Cashier's checks outst'g
Total
$11,322,808 70
State of New York, County of New York, ss.
!ashier of the above-named
1. E. H. PCI.LKN,
bank, do solemnly swear that the above statement
is true, to the best of my knowledge and belief.
.
:
1
B.
30
00
75
90
53
'iO
09
JOHN
KNOX,
GEO. B. CAltHART,
OLIVER ». CABTKR.
60,000 on
$B,710,6»1 al
LIABILITISa.
Capital stock paid in
Surplus fund
Undivided profits
Reserve for taxes of 1885
$1,000,000
155.000
72,040
24,000
00
00
88
00
.
New York, at
York, in the State of
ness June 3, 1886
)
Directors.
J
)
the close of busi-
RESOURCES.
Loans and discounts
$4,883,659 63
Overdrafts
25
690,000
474,612
114,123
36,955
209,683
9,656
87
U. S. bonds to secure circulation
Other stocks, bonds and mortgages
Due from other .sat. banks
DuefromStato biuks and bankers
...
Real esti.te, furniture and fixtures
Current expeii.ses a^ d taxes paid
Checks and othercash Items
74
00
50
71
40
60
34
69
2,426,900 18
15,000 00
paper cur'cy, nickels & cents
36 H9
783,799 00
1,013,718 00
Specie
I.ogal-tendernotes
Redemption fund with U.S. Treasurer
(opercent of circulation)
31,050 00
$10,679,307 08
LIABILITIES.
$1,000,000 00
Capital Stock paid in
Surplus fund
Undivided profits
National bank notes outstanding
Dividends uniiaid
Individual deiiosits subject to cbeok
Demand certificates of deposit
e'jO.OOO
6fl7,0.sl
801,870
1,185
4,577,711
..
3,643
1,860,622
Accepted drafts
Due to other national banks
Due to State banks and bankers
I,0i)4,5il8
00
09
00
00
93
50
33
64
64
08
562.824
;
Total
$l6,6'?9,307
State of New York, County of New York, as:
I, ARTHUR W. SHERMAN, Cashier of the abovenamed bank, do solemnly swear that the above
statement is true to the best of my knowledge and
belief.
A. W. SHERMAN. Cashier.
Subscribed and sworn to before me this 9tb day
of June. 1886.
H. L. BRATNAKD,
Correct—Attest
Notary Public.
TAPPEN.
A. H. STB YENS,
> Directors.
FRED'K W.:STEVEN8,
V.
)
JOHN w. STERLING, f Directors.
WM. A. BOOTH,
)
1).
New
York, in the State of New York, at
the close of business on the 3d day of June. 1886:
RESOUaCKS.
Loans and discounts
41
00
00
17
871,604 46
088,338 33
Exch's tor Cleai'g House
Due from national banks
Due from state b'ks and
bankers
6,233 94
Redemption fund with
U. 8. Treas. (5 per cent
of circulation)
2,250 00
Due from U. S. Treasurer
other than 6 per cent
redemption fund
1,000 0(^-2,895,1 23 80
Total
$9,583,866 1»
LIABILITIES.
Capital stock paid In
$1,000,000 00
Surplus fund
200,000 00
Undivided profits, net
133.261 58
Reserve, for shareholders' taxes in suit
23,oij0 OJ
National bank notes outstanding
45,000 00
Dividends unpaid
5100
Deposits Individuals
.. ..
$2,880.062 46
National banks
3,743,904 97
State banks and bank'rs. 1,383,835 56
Demand certs, of dep'sit
3.833 74
Certified checks
117,393 14
Cashier's checks outst'g
17,335 74—^8,133.853 61
Total
7$"9,583,6«6 i»
State of New York, County of New York, «s
1, Fred'k B. Schenck, Cashier of the above-named
bank, do solemnly swear that the above statement
la true, to the best of my knowledge and belief.
.
:
Fred'k
45
30
00
13
09
13
29
30
08
73
00
2,124,903 60
1,598,000 00
Specie
Legal-tender notes
U. S. certificates of deposit for legaltender notes (sec. 5,198 Rev. Stat.)..
825,000 00
Due from U. 8. Treasurer, other than
6 per cent redemption fund
34,0 00 00
Total
,$26,619,2651^
LIABILITIKS.
Capital stock paid in
$5,000,000 00
Surplus fund
1,260,000 00
Undivided profits
State bank circulation outstanding
Dividends unpaid
196,021 89
6,801 00
31,188 150
Individual deposits subjact to check.. 18,464.107 85
Demand certificates of deposit
30,018 87
Certified checks
1,102,870 96
Due to other national banks
2,759,884 9J
State
private
banks
to
&b'nker8
2,078,553
11
Due
&
Total
$25,519,258 10
State of New York, County of New York 9a:
1, DUMONT (JLAilKE. Cashier of
the American
Exchange National Bank, New York, do solemnly
swear that the above statement is true, to the
best of my knowledge and belief.
DUMONT
CLARKE, Cashier.
Sworn to and subscribed before me this 10th day
J. J. Bennett,
of June, 1886.
Notary Public, Kings Co.
Certificate filed In N. Y. Co,
Correct.— Attest
WM.
C.
JNO.
T.
^
B.
LANGLBY.)
TERRY, } Directors.
UAJCWSLL, }
B.
Scuexck, Cashier.
Subscribed and sworn to before me tills 7th dar
of June. 1886.
F. A. K. Bkyan.
Notary Public, New York Co.
Correct— Attest:
I. N. PHBLP8,
>
GEORGE H. SARGENT,
WILLIAM P.ST. JOHN,)
Directors.
OF THE CONDITION OF "THE
REPORT
CHE.>1ICAL, NATIONAL BANK OF
YORK," at New York, in the stale of New
NEW
York, at the close of business on the 3d day
of
June, 1S3«
RESOURCES.
Loans and discounts
$18,819,778 S4
9,989 03
100,000 00
StiS.ooo 00
Other stocks and bonds
246,^58 40
CiearingUousaloanctfs.vf otherb'nks
65,000 00
Due from other national bauhs
1,385,188 19
Overdrafts
U.S. bonds to sfcureclrcul'n (parval.)
U. S. bonds on hand (par value)
Due from State and
CITY OK
New
VOitK, at .New York, in the State of
York, at the close of business June 8, 1886
:
Loans and discounts
Overdrafts
U.S.bondstosecurecironlatlon
U.S. bonds on hand
$17,753,112 55
483 42
00
00
40
85
34
00
63
00
03
38
20,001) 00
341 18
3,155,482 90
1,526,000 00
170,000 00
200.000
200,000
141,125
1,360,890
25,386
600,000
60,329
8,000
10,836
8,679,137
Other stocks, bonds and mortgages
Due from other national banks
DuefrumState banks and bankers
Real estate, furniture and fixtures
Current expenses and taxes paid
paid
Checks and other casli items
Exchanges for Clearing House
Bills of other banks
Fract'l paper cur'cy, nickels ^ cents...
Specie
Legal tendernotes
U.S. ctfs. of dep.islt for legal tenders
Redemption fund with U.S. Treasurer
9 000 00
(5 per oentof circulation)....
Total
$33,820,124 53
,
LIABILITIES.
Capital Stock paid in
$3,200,000
640,000
014,016
180,000
88,835
Individual deposits subject to Oheck.. 17,878,681
Deposits for acceptances
2,062,237
Demand certiflraites of deposit
120,876
Cashier's checks outstanding
47,117
Due to other nation!, banks
8,948,801
Due to State banks and bankers
'364,578
Surplus fund
Undivided profits
National bank notes outstandlnff
Dividends unpaid
1
Total
Stateof New York, Cimntyof
I,
39
00
77
23
I,ti41,ttti3 01
130.000 00
7,5:^0 56
9,904.075 24
1.333,934 00
389,059
Ioo,oo0
11,979
161,477
Current expenses
Checks and other cash items
Exchanges fir Clearing House
Bills of other banks
Fractional paper cur'cy, nickels & cents
Specie
Legal tender notes
Due from U. S. Treasurer (other than
5 per cent redemption Xund)
14,000 00
$81,968,,051 88
Total
LIABILITIES.
$300 000 00
4,000 ,000 00
Capital stock paid In
Surplus fund
Undivided profits
Tax account
State bank circulation outstanding
Dividends unpaid
080,,0111 0:*
c-o.,9«S 00
10,,874 00
X,830 00
...
Individual deposits sub$2'2,135,031
ject to check
Demand ctfs of deposit
b9,6S8
43:i,904
Certified checks
Cashier's ch'cksoutst'd'g
179,733
Due to other national banks
56
28
30
Due to
rs
.
State
A private banks & bank
98-22,817.33.103
3,';4o,65-l
17
1,331,390
1
00
00
80
00
20
80
80
25
84
15
19
*3J,830,134 53
New York, »»
.-
Ub.nry BuCKHouT.Caahierof theabove-named
bank, do solemnly swear that the above statement
Is true, to the best of my knowledge and belief.
HENRY BUCKHOUT,
Cashier.
Subscribed and sworn to before me, this 8th day
D. O. FAN.-(INOi
of June, 1886.
Correct— Attest
Notary Public.
BALDWIN,
FRED'K MEAD,
JOHN H. INMAN,
O. D.
)
(
)
Directors.
$31,968,031 a3
Total
NEW
Premiums
private banks and
bankers
Bankinghouse
Stateof
RESOURCES.
$14,595,319
3,u22
U. S, bonds to secure circulation (par
value) 3 t)er cent
50,000
Other stocks,bonds and mortgages
304,440
Due from other national banks
1,974,615
Due from State & private b'ks & b'kers
267,920
Real estate
349,556
Current expenses and taxes paid
12,811
Checks and other cash items
173,33*
Exchanges for Clearing House
8,576,aS9
Bills of other banks
143,494
Overdrafts
279 29
60,000 OO
3,000 00
200.000 00
10,1^00 00
1
OF THE CONDITION OF THE REPORT OF THE CONDITION OF THE
REPORT
A.^IERICAN E,XCHAN»;E NATIONAL.
FOURTH N.VTIONAL, BANK OF THE
at
$6,424,2:^8 60
Overdrafts
U. ». bonds to secure circulation
Clearing House Ass'n bonds
Real estate, baniting house
Other real estate
specie
$1,810,451
Legal-tender notes
486,850
Bills of i>ther banks
31,830
Checks & oth. cash items
17.470
I,
BANK,
York, at the close of business,
RESOURCES.
Loans and discounts
[
Total
Individual deposits sub$1,489,309 76
ject to check
17.273 26
Demand ctfs. of deposit.
Certified checks
189,358 36
80.617 13-1,736,357 51
Cashier's ch'cks outst'd'g.
Due to other Nat. banks.. 3,512,921 81
Due to State b'ks * b'kers 516,171 1—3,729,092 82
Total
$8,716,891 21
State of New York, County of New York, s»:
I, G. L. HtJTCHlNGS, Cashier of the above-named
bank, do solemnly swear tlmt the above statement is true, to the best of my knowledge and
belief.
G. L. HUTCllINUS, Cashier.
Subscribed and sworn to before me this 9th day
HUMPHKEV J. MONOHAN,
of June. 1886
Notary Public, N. Y. Co.
Correct— Attest
PARKER HANDY,
J.
OF THE CONDITION OF THE
REPORT
GAI,L.ATIN NATIONAL, BANK, at New
Kract'l
63
Cashier.
Notary Public, Kings Co.
Certificate filed in N. Y. Co.
Correct- Attest
Exchanges lor Clearing House
Bills of other banks
ctfs.
Total
PULLEN,
H.
Subscribed and sworn to before me this 8th day
Ja.mks Walsh,
of June, 1888.
RA.NDOLPH,)
OF THE CONniTION OF THE
EFFORT
THIRD
New
210 80
495,000 00
400 00
444,332 17
637.681 16
27,829 59
35,339 51
LIABILITIES.
Capital stock paid In
Surplus fund..
D.
$5,866,859 58
.
Spi'cie
New
June
RESOURCES.
Loans and discounts
over iralts
U. 8. bonds to secure circulation
L S. bonds on hand
Other stocks and bonds
Banking House
Expenses
Premiumspaid
LIABILITIES.
EDMUND
of the City of
a, 1886:
3, 1886:
cal
New
York, County of
New
York.
QuiNLAN, JR., Cashier of "The ChemiNational Bank of New York," do solemnly swear
WM.
J.
is true, to the best of my
QUINLAN, JR., Cashier.
Sworn to and subscribeu before me this 9th day
Robert g. Roberts,
of June, 1886.
Notary Public, N. Y County.
Correct— Attest
FREDERIC W. STEVENS,
ROBERT LENOX KENNEDY, > Directors.
G. G. WILLIAMS,
)
that the above statement
knowledge and
belief.
WM.
J.
.
:
)
ptisjCjeXXauje0UB.
BAGGING.
WARREN, JONES
&.
GRATZ
ST. LOUIS, Mo.
UanataotnTers' Agents for the sale of Jote Banlni
IMPORTSSS OF
IRON COTTON TIES.
BSTABLIBHBD
18S6.
Eugrene K. Cole,
iSTATIONER AND FRINTEB,
Supplies Banks, Bankers, Stock Brokers and Corporations with oomp]et« outfits of Account Books and
Btatlonerr,
OF" New oonoerns organising will hare their ordert
promptly executed.
No. 1 W^ILEIAIH
STREET,
(HANOTBa SqUAKBJ
I
JliME
THE CHRONIOLK.
1880. J
19,
u
itiBnraace.
Insurance.
OFFICE OF THE
LIFE Ai»KI'KA.\CE NOCIETY,
Cotton.
EQUITAHLE
ATLANTIC
HVOK,
B.
^,''?K7'.'";,:!.'\^'"'*>'v
LIAillMTIK^i. 4 |)w
'»'
Prenldont.
'W«
mat
Mutual Insurance Co.,
^ Tjtt»ernl fldvnnro. mri.-.i r.n r.,ff..n
Valoatlon
tontbarOMfiaC*.
Standnrd
.|>4
i:i
per cent
A'urplinoi'ir i.i-iJiiJi/l.i,on fi«ruii(aiiii.ir<l o/
valuaurjer tluin lluU f <iii» vOur L«/« AMuraiut
Cv,n,
pany.
New
NEW YORK,
January 23, 1886,
Tlie TruBtcee, In conformity to the Charter of
Company, aiibuilt the following Statement
iU aAuirs ou the 31st December, 1885:
Frciuituuii on Marine RUkufrom
the
of
Asst'iiAMK In IhSB
OUTSTA.Vm.MI j»SSllt.»NC«
Total
The United
Premiums marked
95,106,143 7d
from let
January, 1885, to 31st December, 1885
1?3,770,094 30
off
IN
Insurance Co.
THE CITY OP NEW YORK.
(OROANIZHD
IN
$1,915,020 67
$776,712 42
The Company has the following
United States and State of Xew
York Stock, City, Bank and
Assets, ylz.:
$9,034,685 00
1,438,600 00
530,000 00
1,508,143 63
228,897 88
Bank
ing certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of February next.
THE OUTSTANDING CERTIFICATES
of
the Issue of 1881 will bo redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February
next, from which date all iatereat thereon will
cease. The certificates to be produced at the
time of payment and canceled.
A DIVIDEND OF FORTY PER CENT
is
declared ou the net earned premiums of the
Company, for the year ending Slst Deoember,
1885, for which certificates will be Issued on
and after Tuesday, the 4th of May next.
By order of the Board,
H. CHAPKIAN,
York.
BKOBNAN, President.
CP.FaAuiaH.Seo'T. A. WEXKLwtuaHT.AutSec.
Gio. H. BUBroKD, Aotnary.
All Policies Issued by this Companj are iNDisptrrABT.R after three years.
All Death Claims paid wiTHOCrr DISCOUNT aa soon
as satisfactory proofs hare been received.
This Compaoy issues all forms of Insurance, including Tontine and Limited (Non-Forfeiting) Ton-
others, the Insurance remaining in full force
during the grace.
all
Absolute security, combined with the largest
assures the popularity
and success of
this
liber-
com-
pany.
GOOD AOBNTS, desiring to represent the Company, are Invited to addrea J. S. OAFFNBT, Snp«rw
ntendent of AKencies, at Home Office.
MUTUAL^BENEFIT
LIFE INSURANCE COMPANY,
NEWARK,
Ainzi DODD,
Assets (Market Values)
t38,616,31«
38,887,827
8.787,491
8.411,841
Surplus
Surplus (New York Standard)
Policies
38 «TT*r
Hoffmann,
BBOBa» AND AGENT
OK I.A HOrRltB, HATHK.
John Elliott,
Benjamin H. Field,
James G. De Forest,
Josiah O. Low,
Charles D Leverich,
Thomas B Coddington John L. Riker,
William Degroot,
N. Deuton Smith,
Horace Gray,
George Bliss,
William £. Dodge,
Henry E. Hawley,
WUltam H. Macy,
WiUiam D. Morgan,
C. A. Hand,
Isaao Bell,
John D. Hewlett,
Edward Floyd-Jonee,
William H. Webb,
Anson W. Hard,
Wui. Sturgls,
Bteamsltips.
ONLY
Direct Line to France.
eENERAL TRANSATLANTIC CO.
YORK and HAVBB.
Between NBIV
From Pier (new) 48, North River, foot of Morton at.
Travelers by this line avoid both transit by BncUah
railway and the discomforts of crosslnx the Channel
In a small boat.
LA NOItV. A NDIK, Kersablec.Sat., June 18, 2 P.M.
8T. I.AL-UK.VT. Dardlgnac
Sat.. June 19,4 P. M.
LAUUADOU. P. d llaalerive.Sat..Jmiea). haoP.M.
LA BOUKGOGNEjKrangeul.... Sat. July 3.7A.M.
LA
CHAMPA(JNE.Traub....Sat..Jaly l(i.l.30P. M.
La Normandte Saturday, July 17; La Kouriroffne
AuKUst 7; I>jt Champagne (new). August 14.
Prick of i'AssAGKunclndlna wIneK— o Havre-
82
70
62
80
Absolutely Nou-Forfeltable
Alter Second Year.
'I
First cabin. |luo and fKO; second cabin. |eO: steeraxe, 122— Including wine, bedding and utenslu. Return tickets at very reduced rates. Checks on Banqne
Transatlantlque, Havre and Parts.ln amounts toiQlt.
Special Train trota
Havre to Pari*.
The Compagnle Generals Transatlantlque dellven
at
Its
otBce in New York special train tickets from
to Paris. BHRvrage ofaeoked throtixh to Paris
Havre
without examination lii Havre, provided ussssiiiisii
have the same delivered at the Company's does In
New York, Pier 42 North Kiver, foot of Morton St..
at least two hours before the departure of a steamer.
liOniS
ferred, a Paid-up policy for Its full value
is
;
UNION MUTUAL
Company
PORTLAND, MAINE.
JOHN E. DE WITT, President.
OltUANIZUO
1S48.
Its
ptisjc^Xlaujcotts.
•>icrt)e<i.
Cash loans are made to the exte; of SO per cent
of the reseivti vuliu;, where vtilld a.<*slk "JJents of the
Policies can be nuidu iis collateral secur. v.
Losses paid inimudiately upon completion and approval or lirotils.
Write to the Company or
Acent,
Issued in
exchange.
After the third year Policies are incontestable,
except as aguiusl Intentional fraud; atul aU restrict
tiong as to travel or nccuj}ntlf>n are
DE BKBIAN,
^n. 3 Ronrllns Oreen.
In cask of i_ArsE the Policy Is contintted in
FOKCE as lonK as its value will pay fi»r: or. If pre-
Adolph Lemoyne,
James Low,
A. A. Raven,
J.
President.
Hr,
.....
Liabilities (4 per cent Heserve)
Secretary.
Robert B. Mintum,
Charles H. Marshall,
Frederick H. Coesltt,
William Bryoe,
H. H. Moore,
F.
(new).
TRUSTEES!
W
CO.,
("lOTTON
One month's grace allowed In the payment of
Premiums on Tontine Policies, and ten days' grace
Life Insurance
J. D. Jones,
Charles Dennis,
BUBB, PAKKAB *
NORFOLK, VA.
$12,740,326 46
BIX PER CENT INTEREST on the outstand-
J.
Liberal advances made an CotUtn conalgnmanta.
attention given to orders for contracta for
future delivery uf t^utton.
8p<'>:IhI
T. H.
ality,
ceivable
in
Farrar 6c Jones,
PCABL STBEUT, NEIT TOBK.
& ids Broadway, New
261, 262
CO
otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bills Re-
Amount
» Wamian Htrst, Nsw Tofk.
18S0.)
tine.
Loans secured by Stocks and
Cash
BABCOCK
U.
sIvelT.
Returns of Premlams and Expenses
otherStocks
^^
tIAMX
States Life
All the profits belong to the Poli07-hoIdwi exois-
the same
Losses paid during
period
17 IVnIer Htre«t, LIVKRPOOI.,
Heoslve eunslgnraenta of Cotton and otbsr Proda4ML
and execute orders at the Kxrbanges In UvsrpooC
Kepreaentad In New v„r» at the ufflcs of
132
January, 1885, to Slst
December, 1885
$3,856,618 66
PremluiuK on Policies not marked
ofl Ist January, 1885
1,339,525 10
Premiums
.8fi7.!CIH.^4«UO
18W
COMMiasiON MERCHANTS,
TaSHifh.* l«
V"."''',yil^''"''»»'"««Org«nli«tlon C8J»11,178 63
{"','''
IM-UME
to 1886
16,000.008 la
Ist
Total Marine
pnjil £'i.ll,)-.Jl,i|dor«ln
»oo,nii,s78no
BABCOCK&Ca
B. b.
liilercxt. li)l7,'lV6.32U,lU.)
(fern
ronsi
a..iiii:
..
»Iij:-w.2:lii
\. V.
Co.,
Meroh«Dta
»nn.r,
8UR1'1-U9
(SnrplUKon
&
& CominlMlon
NOKFOLK, VA.
BROADWAY. NEW YOKK.
120
HBISRV
Reid
Price,
Cotton Broken
Brinckerhoff, Turner
&
COTTON SAILDUCK
And all
kinds of
CANYA8, FELTINO DDCK, OAB
COVBRINO, BAOGINQ. RATBN8 DDCK,8An,
TWINB8, fcC "ONTARIO" 8EAJUJHS
OOTTON
BAee, -AWNINO STEIPSa.
Aseats for circulars
explaining
Ttae Klalufl Nou>ForftIture Lanr.
L088HS PAID PROMPTLY AND WITHOUT
DISCOUNT.
The Company Is strong, reliable and popular and
Co.,
Manutastorers and Dealers In
Also, Acenta
ONITBD STATES BVNTINO
A tall sapply, all Widths and O>lora. always
No. 109 Dnane Street.
CO.
In
Most
;
Issues a variety of policies raited to the different
circumstances of insurers.
Bliss,
Fabyan
6c
Co.,
,
Charles F. Burdett,
Edmund W.
Thomas
JOHN D. JONES, Prealdent.
CHARLES DENNIS, Vice-President.
A. A.
RAVEN, 3d
Vlo^-Pres't.
Vloe-Prealdent
York, Boston, Philadelphia,
8BLLIN0 AGRNTS FOR LEADING BRANDS
BBOIVN & BLEACHED IKHIRTIIfCS
AND SHEKTINfiS,
PRINTS. DKNIMS. TICKH. DUCKS, M.
Towels, Qntlts. bite tlooda »c Hosiery
W
'>—".. Shrrlingt.
Maltland.
Corlles,
W. H. H. MOORE, 2d
SECURE BANK VAULTS.
New
WELDED CHROME STEEL AND IRON
In
Round and
Flat Bars, and
ply Plates
FOR 8AFKS, VAULTS,
Cannot be Sawed, Cut ur
Drilled,
and Angle*
Ac.
and
practically
HurKhir
CUROIHE STEEL. WORKS.
Drcnlara Free.
BROOKLYN,
N. V.
JOSEPH
.*<-..
'".
Vt-o-^--
TratU
LLOTTS
STEEL PENS
CI
AteaBrAlLDCAURrrMsauo.ooi'ScWORLD
OOLOkCOALPARIS O(P03ITI0N-l87a.
,
THE CHRONICLE.
©otton.
Woodward &
IJtTNE 13. 1886.
pltscellatueotts.
C^0tt0tl.
P. Batch.
Arlhur M. Batch.
T. Hatch & Sons,
BANKERS,
NASSAU STREET. NEW YORK.
W.
MERCHANTS,
FostBnilding, 16 & 18 Exchange Place,
INMAN,SWANN&Co
YORK.
TiKXF
Henry
Waller T. ftalch.
Nuth-l W. T. Ilulch.
Stillman,
14
132 t'hurch Street, N. V.,
RHAvm OpprrpB
BRANCH
OFFICES g„g
Chapel «t.. New ijaven
S
LOANS MADE ON ACCBPTABLB SECURITIES.
j
COTTON MERCHANTS,
BPKCIAL Attention to Obi>ehs fou Contracts
FOR Future Delivebt of Cotton.
Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
ca.sh or on margin.
DEPOSITS KKCBIVED-subJect to
— with interest upon balances.
New
COTTON, ALL GRADES, SUITABLE TO WANTS
of spinners
Offered on Terms to
Crensihaw
Suit.
&
R. Macready
Co.,
YORK,
YORK.
8 South William St., New York.
EXECUTE 0RDKK8 FOR FUTURE DELIVERY
OW
C O T T
AntHorlzed Capital, B. H. 20,000,000.
NEW YORK PRODUCE EXCHVNGE
and
ORAIN AND PROVISIONS
the
CHICAGO BOARD OF TRADE.
Correspondents
Meurs. Smith, Edwards
Jas.
St
Co.,
New
Co.
MuntKomery. Alu.
Orleans, La.
ORIENT GUANO MANDFACT'G
CO.,
ORIENT,
L.
I.
SULPHUR MINES COMPANY
free
from Arsenic.
Comp'y
Co., Bethlehem Iron
40 and 42 Wall Street,
New
nanhattan Balldlne,
York.
COTTON, GRAIN,
&
PROVISIONS, COFFEE. Dennis Perkins
Co.,
COTTON BROKERS,
I as Pearl Street, New York.
ORDERS EXECUTED IN
NEW
Lehman, dhkr 4
Co.,
Wanm
High Grade Pyrites
NEW YORK.
Cotton Brokers,
Lea McLean, New Orleans.
Lebhan, Stern &
Standard Brands of Flour for Shipment to
i limates always on hand.
VriLLIAin STREET,
1
:
Liverpool.
&
Williams, Black
COFFEE
and
CO.,
KICUMOND, TA.
OF riHGlNIA.
Fald-Up Capital, B. M. 6,000,000.
NEW TORK. LIVERPOOL AND NEW ORLEANS COTTON EXCHANGES. Also orders for
NEW YORK COFFEE EXCHANGE,
THE HAXALL CRENSHAW
Standard Superphosphates.
at the
at the
Cotton, Coffee and Produce Exch'a
COTTON COMPANY OF STUTTGART.
City.
Henry Hentz & Co.,
COMMISSION MERCHANTS,
the
NEW ORUBANS,
AGENT FOB
Cotton. CoUeo, Grain and Petroleum Bought and
at
Members of the
AGENCY OF
Bold for Cash, or carried on Margin, on tbe Tariona
New Tork
Wisner,
KE'W YORK,
con MISSION nERCHANTS,
G. E. Staenglen,
COTTON EXCHANGB BCILDING, NEVr
Exchaoffea In
&
71 TV^ALL ST.,
lcommission merchants,
NEW
check at sight
Special attPntinn paid to INVESTMENTS and
accounts 01 COUNTKV BANKERS.
York.
LKHMAN BRO'S,
Cotton AND Factors
Orden for Spot Cotton and Pntnres promptlT
YORK, CHICAGO, ST. LOUIS, • reontad
LIVERPOOL, HAVRF, AND
FELLOWES, JOHNSON & TILESTON,
NEW ORLEANS.
COTTON, STOCKS, BONDS, dec,
Henry H. Wheei.sb.
John L. Buli.abd.
25 WILLIAM STREET. NEW YORK.
&
Bullard
Wheeler,
Orders In " Fntnr es" executed at N. Y. Cotton Exch
WALDRON
& TA INTER,
oonraissioN rierciiants,
COTTON COMMISSION MERCHANTS
COTTON MERCHANTS,
NEW YORK.
No. 40 EXCHANGE PLACE,
ALSO
COTTON EXCHANGE BUILDING.
UBUSEB8 OF TBE COTTON, COFFEE AND
PRODUCE EJCBANOEg.
BAGGING AND IRON TIES,
SPECIAL ATTBNTIO.N TO COTTON KUT0BB8.
US'^rowN Office, No. 204 Church Street,
New
(FOR BAL1N& COTTON).
York.
OrdPra executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to us. or to our correspondents in Liverpool; Messrs. L. Rosenheim &
Sons and A. Stem Sl Co.; in London, Messrs. B.
Newgass A Co.
Advances made on Cotton Consiffnmenta and Special
Attention given to purchase ana sale of FUTURE
CONTRACTS OK COTTON.
Hanemann& Co.,
_^ Mohr,
Phenix Insurance Co.
OF BROOKLYN,
195 Broadway, New York City
Company l»t Day of Jan., 188.S.
CASH CAPITAL
'i'SSS'SgS 25
vJ
Office,
statement of
Robert Tannahill
&
Co.,
New
Cotton Commission Merchants,
Cotton Excbanse Bulldlns, Neir York
G.
&
Schroeder
Bnooessors to W.a.RB
OOTTON BROKERS,
James F. Wenman & Co
BitablUhad
(In
Tontine
N. Y.
Bnlldlnii) 1840.
Geo. Copeland
&
141
PEARL
aloo for Grain
ST.,
and Pro
&
Co.,
NEW YORK.
OF HARTFORD.
(or unpaid 10B8e8
re-inaarance fund
Liabilities
CL,lSBy
at
No. 3 Cortlandt
CO.,
ONI.T
ON ORDERS FOB A COMMISaiOIl
St.,
New York
ALEXANDER,
Acent.
Commercial Union
Assurance
COTTON BUYERS,
POBOHABI
2,057,776 24
3.202. 320 41
$9,260,096 85
Aeeete Jan. 1, 1886
Co.,
limited,
of london.
jnONTGOniERY, ALA.
YOR&
$4,000,000 00
Capital
JAS. A.
on oommlssion.
it
Company
Insurance
and
Netsurplua
AdTanoes made on Consignments of Cotton. Con
tracts lor Kuture DeJivery of Cotton bought and sold
JOHN
^TNA
NEW YORK.
COTTOIV.
Co.,
COTTON BROKERS,
»t4 PBARl. STREET, NEIT
ST.,
New Tork and Liverpool;
visions In New York.
.
COTTON BROKERS,
PBAVL 8TREBT,
PEARL
Henry M. Taber
VORH.
^V.XB
No. 123
GROWEIil., Preaidemt.
WM. R. CROWELL. Vice-President.
PHILANDER SHAW, Secretary.
Secretarr.
WM. CHARTERS. AssistantLocal
Uep't.
FRANCIS P. BUKKE. Sec'y
Bloss,
Orderaj for future dellverr of Cotton;ezeauted In
Walter & Fatman,
No. 118
&
Co., COMMISSION MERCHANTS
NEVr YORK.
BBAVRR MTRRRT,
«4.342,430 88
STEPHEN
& SCHROEDER.
Cotton Exchange Building,
??7'S7 ?i
640,991 18
Orleans, La.
ORDERS FOR FUTURE CONTRACTS.
Gwathmcy
a,3w),w»
Heserve tor unearned premiums
Reserve for unpaid losses
Netsurplua
wl* of
COTTON COMMISSION MERCHANTS,
£3
New
Yorit.
Street,
Special Attention Oivbn to thb Exeoution
OF
Bpeelal attention given to the pnrohaae and
Future Contract,8
In New York and Liverpool.
186 Gravier
Cottxin Exoh. Building,
Office,
Cor. Pin«
<fi
WiUiamSU., Nea
Tori.
@FedFRASER