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tttancM
i
AND COMMERCIAL
REPRESENTING THE INDUSTRIAL
.
INTERESTS OF THE UNITED STATES,
NO. 99a
SATURDAY, JUNE 14, 1884.
88.
VOL.
MAGAZINE,
MERCHANTS’
HUNT’S
regards the banks, the progress towards recovery
uninterrupted and rapid. The situation at
that midnight meeting on May 14th when the Associated
Clearing-House Institutions determined to open the doors
of the Metropolitan Bank in the morning, and the situa¬
tion to-jday, are in very strong contrast.
Few understand
in full the dangers, which then threatened or the risks
which were jointly assumed solely in the interest of the
public safety.
We noticed last week that some mem¬
ber
of
Congress from Missouri, we forget who
it was, proposed in quite a querulous mood a resolution
appointing a committee to come here and examine into
this proceeding and arrangement.
Such a committee if in
frame of mind would not be wholly undesira¬
a teachable
ble, for perhaps through it Congress might learn how
As
CONTENTS.
has continued
THE CHRONICLE. ’
Situation
639 I Monetary ami
i English News
Railroad Earnings in May, and
from Jan. 1 to May 31
692 I Commercial and
Re-funding in Great Britain... 095 |
News
THE BANKERS’ GAZETTE.
Commercial
The Financial
Foreign Exchange,U.S.Secnri'V *. Stale
Money Market,
JBomU
and
Range in Prices at the
Stoek Exchange
N. Y.
and Railroad
Stocks
Miscellaneous
098
098
l Quotations of Stocksand Ronds
I New York Local Securities—
| Railroad Earnings and Bank
701
702
099 I
700
Returns
703
704
National Bank Returns
Investments, and State, City
and Corporation. Finances... 705
THE COMMERCIAL
TIMES.
711
715
708 I Breadstuff's
708| Dry Goods
Commercial Epitome
Cotton
Chronicle.
Thi Commercial and Financial Chronicle is
New York every Saturday morning.
|Entered at the Poet Office, New York, N. Y., as
published
171
second-class mall matter.l much better in bank management
TERMS OF SUBSCRIPTION-PAYABLE IN
For One Year (including postage)
ADVANCE
$10 20
For Six Months
do
*”
Annual subscription in London (including postage)
Sixmos.
do
do
do
These prices include the Investors’ Supplement, issued
is
than
:
6 10
legislative restrictions and remedies.
could be
never
individual responsibility
a
There
law framed that would have met
and
danger of last month; and yet hew easy it
been by law to have lessened the power to
once in Iavo
months, and furnished without extra charge to subscribers of the act
promptly and efficiently at the critical moment.
Chronicle.
Subscriptions will be continued until definitely ordered to be stopped. Furthermore, it might be shown to the committee that
The publishers cannot be responsible for remittances unless made by
Drafts or Post-Office Money Orders.
legislation is chargeable with much of the weakness our
A neat tile cover is furnished at 50 cents; postage on the same is 18
cents. Volumes bound for subscribers at $1 00.
city banks develop. They have been so burdened with
Officer in England.
state and national taxes and restrictions that capital is all
The office of the Commercial and Financial Chronicle in London
£2 7s.
£1 8s.
Drapers’ Gardens, E. O.. where
subscriptions and advertisements will be taken at the regular rates,
and single copies of the paper supplied at Is. each.
The office of the Chronicle in Liverpool is at B 15, Exchange
is with Messrs. Edwards & Smith, 3
Buildings.
taava
am n
william
JOHN a
u. vmvn
*>o\l>.
averted the
would
have
the time
leaving the business, and substitutes are springing
but wholly depend for
convertibility in the hour of danger upon our Clearing
) WILLIAM II. DAIVA Sc Co., Publishers,
House institutions.
Then again, under existing laws, it is
> 79 & 81 William Street, NEW YORK.
^
, Post Office Box 958.
into
life which
carry no
difficult for banks to
so
reserve
earn
a
dividend in
a
conservative
704"will be found the detailed returns, by States, of way that there is all the time an inducement, almost a
under the Comptroller's call of April 24, necessity, for running risks.
In a word, the more the facts
kindly furnished us by Mr. Cannon. Previous returns were are inquired into the more evident it will become to any
published, those for March 7, in the Chronicle of May
one wishing to inform himself, that what the public inter¬
10,1884, page 568, those for December 31, 1883, in the issue of
est requires now is, not restriction but freedom for banks.
February 23, 1884, page 286.
On page
the National Banks,
Speaking
THE
a
FINANCIAL
rapidly assuming
distribution of goods
are
demand is antici*
pated during coming weeks, since interior stocks are
seems to
be in progress
believed
to
tion is
and
an average
be moderate wliile
the Western
crop
condi.
promising. On the 'other hand we have
entered upon a Presidential contest never favorable to
buoyancy in business; cotton in the Southwest lias had a
bad month, though in very good condition in the Atlantic
States; the blow the panic lias struck is still very widely
felt- some of its more visible effects being seen in the em¬
barrassments, embezzlements and unfaithfulness which are
daily disclosed. Altogether, therefore, while there appears
Bo sufficient
ground for the prevailing despondency, one
can find- even less
encouragement for speculative confidence.
very
this subject recalls the centennial celebra¬
tion of the Bank of New York.
SITUATION.
Commercial and monetary affairs
midsummer quietness.
A fair
on
One hundred years ago,
leadership of Alexander Hamilton, this bank
was organized.
It is the oldest in the country except the
Bank of North America in Philadelphia, which is older than
the nation itself, having been founded by Hubert Morris
Colonial Secretary.
Another venerable institution is the
Manhattan Company Bank, of which Aaron Burr was the
originator. The special interest these facts possess in this
connection is that their early organization suggests how
naturally banks spring up among the first wants of every
people. They come with the very beginnings of com¬
merce, progress and even civilization being impossible
without them.
All countries have found it indispensable
under
the
encourage their growth, and they are among the
institutions every nation possesses.
These statements
to
the
folly of antagonizing such a commercial
agent.”
oldest
show
690
THE
CHRONICLE.
A feature in the
progress
has been the stoppage in the
towards recovery this week
drain for funds upon this
■centre, and the steady gain of the banks in cash from the
interior.
The country did not feel the
panic when its
severest effects were seen
here;, the developments there
were a later
influence, and now even these are passing off.
too, and our whole system of banks is speedily returning
to a normal condition.
The only uncertain question
con¬
nected with them, and with the
tendency of the money
market towards
extreme
ease,
has been the course
of .foreign
exchange and the possible renewal of the
demand for gold for
shipment to London. The devel¬
opments of the week have been reassuring in this
particular. In the first place, the inclination of the
rvoL.
j the banks use as part of their reserve,
j
about six
they
xxxviii.
camdmMn^.
millions of actual specie. When
diere
fore the demand arose' for
gold the banks were forced to
present the Government notes for
redemption; at
demand
or seven
was
first this
but
they came in such large quantities
that pretty soon the
gold supply was exhausted and these
! arrivals now are to replenish the stock.
Nothing of any special importance has happened to dis¬
met,
turb the stock market this week.
It has, in
general, had
a
declining tendency (though with daily
recoveries), simply
because there was
nothing to keep it up except the over¬
sold
condition
of
many
kinds have been afloat no
securities.
Rumors of "various
than usual,
more
probably,
and
important, or truthful. Among them
stock market has been
downwards, which is wholesome, mentioned a story which was to the effectmay be
that
as the
advance was artificial, not natural, and
permitted the Chicago & ■ Northwestern managers intended
to
free selling by the recent
foreign buyers to realize profits. issue collateral trust bonds based upon the
recent
Another influence has been the
enlargement in the volume acquisition of the Blair system of roads.
Another
of our exports as indicated
by the movement at Xew York. was that the tripartite pool was in
danger of rupture winch
"Whether this is a temporary
change or\$yhether. it is an seemed to have for its basis only the fact that for the
past
effect of the panic on the prices of all commodities—a
per¬ few weeks we have had no report
concerning the progress
fectly natural result—cannot be known. Still it would made by the Union Pacific and the
Quincy toward a set¬
seem
impossible that our foreign trade should not quickly tlement of their differences; it- was
argued that in this
and materially
respond to the increased depression which case no news was bad news. Still another rumor
was the
lias existed here.
Imports cannot be affected so speedily: assertion that the anthracite coal combination
was on the
but it is marvelous that our
exports should have so long eve of dissolution.' This undoubtedly
grew out of. the
continued so very small.
It will lie remembered that in necessity which
apparently exists for some change in the
our review
of the foreign trade two
weeks since, April method of regulating tire coal trade so as
to'equalize the
exports showed a smaller total than for any April since burdens*' It has been stated
that a.'plan is-under-'con¬
ls7 7.
If as a result of the
panic prices have been so far sideration by which an -allotment shall be made of
the
rectified as to permit a
changed movement in this particu¬ amount of coal to be mined by each
company and provid¬
lar. it will be a
very hopeful step towards a permanent ing for a
money penalty for a violation of the agreement
recovery.
Among the events of importance have been, first and
It was not to be
expected; however, that the foreign foremost, the announcement that the N. Y. West Shore
k
exchange market should at present show any inclination to Buffalo had been
placed in the hands of receivers. This,
lower rates.
Money is getting easier here and is likely to had, however, comparatively little effect
upon the first
continue to make progress in that
direction, so that mortgage bonds, for the reason that dealers in and hold¬
foreign capital will hardly find profitable investment in our ers of them regarded this course as the best that could
be
loan market
much'longer. Then there are some sterling loan taken under the circumstances. The election of Mr. M.
•contracts which have to be settled or renewed : in fact it II.
Smith, heretofore Vice-President, as President of the
has been suggested that one reason for
putting up stocks Louisville
Nashville, in place of Mr. Rogers, was also
in our market was to make a better basis for collaterals
regarded favorably, being interpreted as an indication of
on these renewals.
’Whether there is anything in that a
purpose to manage the road for the best interests of all
idea or not the inquiry for bills within the
past few days concerned, instead of for the interests of stock
specula¬
and the marking up of rates for
sterling yesterday, would tors. The new scheme for funding- the floating debt
indicate the adjustment of some of these loans.
The into collateral trust bonds,
bearing G per cent inter¬
supply of bills now comes mainly from petroleum, dairy est and
running ten years, has been deferred for the
products and provisions. We note also one important purpose of
enabling foreign creditors of the com¬
feature in the export movement, and that is the
shipment pany to express their preferences.
The disclosures
of refined sugar, not
only to European countries but also regarding the financial condition of Enion Pacific had,
to
Australia, the drawback
paid enabling the exporter
to
no
more
however,
an
unfavorable
have
would
<
soon
as
1 mwe,
non;
effect.
The ‘statements made
small
profit. Bills from these and other sources were undoubtedly exaggerated, and
particularly those
hitherto ■ supplied the market.
Foreign bankers which alleged that a portion of the sinking fund had been
not -be
surprised to sec a further advance in rates invented in securities of the
company.
Mi*. Ihlloil. the
secure a
a
U'.-mlt
the
of
though Bib
may b;
should o.mtiuue to in
influences
have
we
prevent!'
our
indicated
iiude.mov
U‘( >Ve,
1 ’resident,
m
ex'
-iunanon
promptly'denied 'this
dollar had been
•
>1
mving
stor
not
a
misapplied.
Union Ponpr sraleme’nt of earning
ni
that
'Wine
*
nu )-U
ill
I tl vi
>
pi’:1
i
>* '.I V
Ira¬
reeelll
Lie
L
a:
■IX
uoir
e
>; i
i.
i;i
n i' x a i' v
e
j
i
ii
!>it
M
i or
•
_;l.
c
tar
a o'1 >,
a.
t
J!
e
m
ran
<
:i
>»11
e,
14, 1884. J
June
691
THE CHRONICLE.
leaving out the Pennsyl¬
vania & Ohio leased line) record a falling off of over $500,000 as compared with the previous year, and of nearly
$700,000 as compared with 1881, the total being only
$1,177,892—the smallest since 1878. The net earnings are
(on the Erie proper,
for March
the loss in net
is a not nilview of the
satisfactory showing—particularly in
loss of over $500,000 in March.
But there is sometliing about the April figures that needs explanation.
These figures we have taken for both years from the exhibit
furnished by the Boston office. At the New York office,
tfhere we are usually favored with a comparative state¬
ment for the two years, we have been able to get this time
only the totals for 18S4, which agree with the Boston
totals. The difficulty occurs about the figures for last
Those now given out differ from those originally
furnished in 1883. In itself, there is nothing striking in
this fact, because it is known that as the company no longer
operates the St. Joseph & Western, the accounts of this
road are taken out of the totals reported last year, in order
make the comparison correct, and, understanding this, we
of $97,782 in expenses, making
•5332,094. So far as it stands, this
increase
they reach only $234,-
smaller than in that year;
even
(which a loss of $21,373 on the leased line reduces to
$212,028), against over $500,000 the previous year, and
over $700,000
in both 1881 and 1880. For April, theshowing is somewhat better, though both gross and net
earnings are yet smaller than in any year since 1879. The
decrease however from last year is very much less than in
March, and in that respect the return is encouraging. The-
001
vear.
falling off in gross was about $150,000, which the com.
pany met by a reduction of over $121,000 in expenses, so
that the decrease in net is onlv about $29,000, though thisis swelled into a decrease of $70,000 by a loss for the
month of $47,000 in operating the Pennsylvania & Ohioleased line.
Below we give a comparison of earnings and
to
commenting upon
in the figures is
greater than this change alone would seem to warrant. For
instance, while the gross earnings fur April, 1883, which
last year were reported at $2,435,844, are now reported at
in previous months refrained from
that fact.
But this month the alteration
have
expenses
seven
hack to 1880—for March,
months of the fiscal year from
1,177,802
13S0.
1881.
*
&
*
*
*
March.
Gross earnings
October 1 to May 1.
1982.
1833.
1S84.
$2,363,277, or $72,507 less, the expenses which had
teen reported at $1,334,005, are given at $1,079,243. or
$255,302 less. With the St.
Joseph A
'Western as the only cause for the change, this would
show that on merely $72,507 gross earnings in April last
for April, and for the
1,090,969
1,189,953
1,507,032j
1,094,944 j
1,847,261
1,644,953
1,143,258
902,026
704,003
742,932
Operating expenses
943,891
Net earnings
234,001
21,373
507,010
472,088
212,028
507,010
472,68-J
704,003
742,932'
Loss on
N.Y.P.& O.lease
Result
1
1
much as $255,302 had to he spent in operating
that road, which scarcely seems reasonable.
Probably the
figures now given are correct, and the apparent discrepancy
cm be explained by some other circumstance, hut without
such an explanation the difference will appear unaccountable.
We mention the matter here because the new figures for
last year make the luss this year so much greater than it
otherwise would be.
Using the original totals (without
any allowance for the St. Joseph X Western) the decrease
in net in April, 1881, would be less than $150,000, instead
of $332,000, as actually reported.
Below we give a com.
parism of results for four years—the totals for 1883 being
year, as
April.
Gross earnings
Operating expenses
1.397,726
958,377
1,548,474
1,079,503
1,670,743)
1,709,057
1,117,089
1,643,151
1.001,725:
439,349
40,884
408,971
009,018
591,30S
080,324
332,403
408,971
609,018:
591,308#
680,324
10,303,923
11.3S3.105
10.903,673
7,375,108
8,020,528
7,700,842
11,849,557
7,752,839
10,464,485
0,725,142*
2,928,755
3,850,037!
8,202,831
4,096,718
3,739,313
3,350.037'
8.202.831!
4,090.718:
3,739,343-
Net earnings
Loss on
N.Y.P.& O.lease
Result
Oct. 1 to May 1.
Gross earnings
Operating expenses
Net earnings
Loss
on
...
220,880
N.Y.P.& O. lease
1
.'
Result
962.827
2,701.875
()wing to the more
satisfactory results in the
early
company's fiscal year, the exhibit here for
makes a much less unfavorablethose now furnished.
comparison with preceding years than the recent returns
1881.
1882.
1884.
would appear to indicate.
Ui ion Pacific.
| 1893.
The loss in gross is over a.
$
$
$
$
April.
in' net (through -increased‘ economies in2,110,014 million, hut
2,309,609
2,“(53.277
2,128,005
Gross earnings
1,382,451
1,331,190
1,079.243
1,177,025
expenses) is only about $428,000, to which however must
Opera ting e x pen ses
t_) (j *3
1,033,413
1,281,034
be added $227,000 as the loss on the leased line, making
051,010
Net earnings
the total loss $055,000.
We showed recently that on theJan. 1 io April .'50.
7.251.473
8.773,109
8,315,113
7,18 3,55 3
Gross earnings
4,837,228 operations of the fiscal year ended last September, the
5,397,' 05
4,201,507
4,887,901
Operat i n g expe n>es
2,414,2 15 company had a surplus of $040,91 7 above all its charges
3,375.341
2,300,592 i 4.143,(50(5
Net earnings
and 0 per cent on the preferred stock, and that taking out
We here see that for April, while net earnings are
the dividend on the preferred stock and other items not
/
•
OCO greater
than in the same
sS2.they are yet nearly $200,-
For the four
month of 1881.
total is smaller even
March. The sup-
April, after having withheld that for
pression of tlie figures for tin } latte
inspire ( ml idence. and as mucli intore
thorn as t o those ior A[»ril.
i y mg tl
month
did
not
to
•i
results fin* the seven molitllS
meat A
we
La\e
Hi
ade
up
both i'or tinat month
satis faro >ry
busine-s
to
a
(
]
bavin a
an
—was
a
so
ard
a;
heavy
*
course.
been
i
—
it
!y
good, that
was
operating
supposed
it has
k
was
turned out
to
that- trunk line
td
profit
m.
n<.
bcvn-ivdueed
m The
.1
une
PC,.
ss
i
but
would
gross
reason. ;e
id
interest on iln* >c
present coniinee
brokers who 'holy
V
ti-e
s
this
-be
earnings
consider ai he 1 uucc-rt unity..
tIki emu pany clan ns, th; it tinill
C<
of
it
road,
it;
f
a
is involv 'ed
work.
at
;
was
bon ds has bee ii
-lisolidatet 1
passed.
•<>ai ti
e<>ai
train1—the companv
<
of that article
tonna:.
again.1:
that
and it is for
i i o wn
w
<<>r
>r
balance of $1,205,485 that
remained to be wiped out before interest payments became
endangered. As the loss in the seven months that have
elapsed is only $055,090, we still have a considerable mar¬
gin left to be exhausted before that contingency will he
reached.
It is in the remaining live months that the
eompanv usuallv does its heaviest business, and if these
should prove* favorable, the exhibit for the full year might
vet turn out better than expected.
Still, the outturn of
there
obligatory,
these live months
rates
little
depression ill the
exeec-diligly heavy
Is (>
e
the exhij.it 1for M
and for A pri 1 tile s
vchore there
and that th e
was
b‘
not
ii;h i
pi.bit
months
seven
y
than in that war.
Tori- Lake Erie cl' Western has this week issued an
of its earnings and expenses for the month of
months, however, the
exhibit
the
“
.
smaller than in either 1883 or 1
New
d i
the
months of
ork markets and i
cording
natural I v
to- t'.o
ru
five is
on1
a
to
tl ! (»
! 50
s<
<r] .eratimis
tW <‘.eii
the
fer
the- i
of
j
tin
1
.
it is
afhi t mge
»nd*. 11 and Xev,
settlemen is fori nightly, at •
Tib-;
London Ex cl a in go.
h(‘ir
et
(‘(.li.' erned.
,‘curities I S
1
sterling
at
the fortni glit; {
mj.
THE
CHRONICLE.
[Vou xxsvxu.
periods, accordingly as the balance is for or against this city.
,] The Assay Office paid §196,901 through the
following shows relative prices of leading bonds U1T f°r domestic--bullion during the week, and theSub-TreasAssistant
stant
and stocks in London and New York at the
opening each ■ ^ieasluei wceived the folio wing,from the Custom House
House.
day.
The
Consisting of—
9.
June
j
June 10.
Dale.
June 11.
June 12.
June 13.
Dudes.
Qold.
.
Lond'r-
:
prices.* j prices. prices.* price*. prices* prices. prices.4 prices, prices.*
prices.
U.S.4*,c.|
U.S.4%s.j 110"89
! 1451
con.
57"21
III. Cent.
119 08
N.Y.
1
120 05
Erie
2.:
j
Lcnd'n
N. T
Lond’v
120%
110*80
11 lit
11005
14-39
119%
no%
14%
57
50-00
yi) Jh*
I
4%
ilS->4
103%
Reading1 12-32ti 23%
'
11931
119%
119-80
110-28 410%
110-53
13 90
14
1390
54-10
54
54-41
119*43
118
117-36
104*18
103%
23%
10223
11*95+
11-71+
Ont.W’n
Lond'v
N.Y.
nm
119*50
110%
14%
53%
110*53
lune 6
119%
110%
1451
i
*
73-81
“
9..
10...
“
11...
“
12...
Total
45*14
74
729:
72%
71-24
44%
44*05
44 H
4343
70%
43%
!
1
■
4 88
4*88
i
70-03
70
70-39
69%
42-21
42%
42-94
$204,230 25
$5,000
321.480 83
520,172 70
403,200 25
11,000
278,310 80
502,577 11
$2,230,082 99
..
43
!
4*88
RAILROAD
$37,000
Silver Cerdji cates.
61.000
$84,000
105,000
$78,000
17,000
193.000
145,000
9,000
98,000
90,000
123,000
7,000
167,000
173,000
17,000
110,000
203,000
.
84,000
85,00'-
$00,000 $595,OOi
EARNINGS
■
4-88
FROM JANUARY 1
4-88
Expressed in their New York equivalent,
Heading on basis of $50, par value.
♦
..
7...
“
14
5-1-90
54%
118-46
117% 11730 110
117%
102% 101*26* 103:% 101-74* 104%
22% 11*95+ 23% 11-95+ 23%
1
cables.
1
Gold
Cevtijic's.
93,000
'
160,000
$810,000
$755,000
.....
Can.Pae.j
*
N.Y.
1
Paul.?
Exch’ge,
Lon Vii
“
n. y. c..: 104 00
St.
iV.l
U. S.
Notes.
*
!
Railroad
Ex dividend.
able
an
IN
MAY,
TO
AND
MAY 31.
earnings for May do
exhibit
as
not make quite
for the month
favor¬
as
immediately
preceding.
call is without important change.
Brokers’ Taking the roads as a whole, we have an increase
on the
balances are loaned at from 1A to 3 per cent, and time
loans figures of a year ago; but the increase is
small, and is occa¬
command 5 to (> per cent for 60 to 90
days on stock col¬ sioned almost entirely by the heavy gains that
one or two
lateral.
The
following statement, made up from returns large roads make. On the other
hand, there' is quite a
collected by us, exhibits the week’s
receipts and shipments number of companies that fall behind the totals of
1883, in
of gold and currency by the New York banks.
some cases, too,
after
recording
loss
that
a
in
year. In
I
Week Ending .June 13, 1884.
Net Interior
Shipped by
j Received by
fact, the total percentage of increase in 1883 was small, the
Money
on
| N.Y. Banks.
Currency
Gold
Total gold and legal tenders...
*
N.Y. Banks.
Movement.
?3,008,000
$735,000
.J1
*420,000
$2,273,000
Loss.
420,000
..j
$3,008,000
$1,155,000
<iain.$l,853,00r
.
Includes $350,000 transferred in the
Gain
Chicago Milwaukee & St. Paul and the Southwestern roads
contributing the bulk of it, which makes the small improve¬
ment now even less
significant than it otherwise would be.
The
shape of silver certificates,
influences
at work
the
past month
not, of
great extent they
changes in the bank holdings were much
the same as in other recent months,
of gold and currency caused
only more
by this movement to and from
marked.
The depression and dullness that lias
the interior.
In addition to that
pervaded
movement, the banks
by
a
deposit of gold in the Sub-Treasury,
course,
The above shows the actual
have
gained $1/200,000 through the operations of the SubTreasury. Adding that item, therefore/ to the above, we
have tlie following, which should indicate-the total
gain to
the N. Y. Clearing House banks of
gold and currency for
the week covered by the bank statement to be issued to¬
day. In addition to the presence of Clearing-House Loan
certificates in the
banks, we have this week another element
which makes it diflicu.lt to forecast the bank return and that
is the gold which has been received
in favor of large receipts.
To
were
a
general business, certainly remained unabated, and besides
diminishing the ^volume of merchandise freight over the
railroads, also had the effect in May of diminishing the
volume of passenger traffic in a number of instances. The
movement of grain in the West and
Northwest, which in'
May, "1883, was far from large, suffered a further
contraction
the
present year, while
in the South¬
west,
ton
and
South
the
diminished
movement
of
cot¬
again
affected railroad traffic unfavorably, the
staple that came forward during the
British North America from London for transmission to
month being
hardly more than nominal. At the same
Canada, already referred to.
.time
the
!
heavy rains and floods that afflicted, Texas and
i
Week Ending June !3, 1884.
Net Change, in
Arkansas did not tend to
improve the situation in that
j Into Banks. Out of Banks j Bank Holdings.
section
of
the
Banks’Interior Movement, as above
$3,008,000
$1,155,000
country. Altogether, it may be said that
Gain.$1,853,0C0
8ub-Treafcury operation?, net
1,200,000
: Gain. 1,200,000 there was
nothing on which to base an expectation of
'Total gold and legal tenders
;
$4,208,000
$1,155,000
Gain. 13,053,000
materially larger receipts, while on the other hand there
The fall in the long-date government bonds this week is
were many reasons for
supposing that earnings would fall
mainly due to the absence of demand, and to the fact that
off, so that perhaps even the small increase of $581,528,
bankers making a specialty
of dealing in these securities, which our
figures record, is a not unsatisfactory showing.
have less speculative interest in them than
they had pre¬ Below is our customary table,
vious to the panic. Money cannot be borrowed
giving earnings and mileage
upon these of
each
road.
bonds at nominal rates for long time, as was the case a
GROSS EARNINGS ANI) MILEAGE IN MAY.
month ago; and
consequently dealers and. speculators
prefer to trade in something which will give them quicker
Gross Earnings.
Mileage.
by the Bank of
!
amount
of
the
!
|
,
t
.
.
returns.
The Bank ol‘
Kngland
Name of Hoad.
statement for the week
shows
1884.
a
t
Increase
1883.
gain of .£ 1,100,000 bullion.
This represents. iM.420,000
drawn from the interior and JC20,0oo. sent
abrufd.
The
Bank of K ranee lost 7 1
7,000 francs gold and 1,51 7,000 francs
silver and the Bank of Germany
gained
7l2,oov -narks.
)b‘
The
following indicates the amount ot
primopul European banks this week vn i a
imr h.fe last
(
I >ull ion
in
-
in
in'
-
the
spon-i-
year.
Burl. (Jed. Rap. A No.
Canadian Pacific
Central Iowa
Central Pacific
Chesapeake A Ohio..
Eiiz. Lew A Big ban.
Chicago A: Alton..
Chic, a Eastern 111...
Cilic. Milw. A:8t. Pan
Chicago A- N-u thwchi*
Clue. St. P.Minn. A (>
<
'hie. A. West Midi—
Cm. 1 ml. St. I.. A Ch
i in. N;0. A Tcx.d+u
A 'a’iMUia Gl- Souta..
N. (/. A- North East.
Virk-F A Meridian
Vick.sb. Sh. & l*ac.
A: 15aU
i Clove. Akron a- Go]
* Dos Moines A- Ft. I).*
..
.
.
Rant of
England
2 1,938.900
21,30b/-2!
..•11,0)3,110 10,5 IS,752 ,10,200,11 P 4.1,951,566
.......
Eunk oi1 Franco
...
Bank of Germany-
Total tliid week
Total previous
w*»»-
',010,500 23,731,500
.;
’
...
S,052,000j24,156,000
1
...
..
7
1,311,000,0 1,28 V2~'2
79.0 •!. mn c i,313. i no
13.714,lOojOb,107,306
13,270,29oi 00,101.340
j Oin.'VvaVli.
.
j
Detroit -Laiis’tf
*
No
.
Oil)v three weeks of
$
$
221,573
502,312
or
Decrease.
1884.
$
208,072
+ 1 2,901
713
555,759
117,810,
110,394
2,002.000 2,127,420
283,009!
331.173
59.332
50.029
050 173
040,729
115.210!
128,079
1,980.000 2.033,513
1.310.200 1,28 4,800
507.700
452,303
1 i 2,010
138,9 40
200,091
205.540
2 0,147
208.243
-53,4 47
2,408
S3,5 L
i
2-vtO-.31.137.
,
3,0b5i
131.717
•10,2111
18.10/
132.U I
May in each
,.)51
FTMiO
401
301
3,001
2,972
512
13(>
130
+ 3,744
847
25-
847
-13,433
-
1 7,f la
f25.400;
+.55,337
+ 3.001
1-1,154
r
10,939
t-10,155
-j-10, 4 tO
-
32,540'
-1.3*3;.
2,05 ft
year.
713
1
-05,120
—48,1 73
+ 2,703
78. 50
.-.Oils
133.*50;
•4 4,2 M
1 1,17s1
13 4,000
1883.
+3,027
-2.1-42!
.
—4,0 It)
+ 3,981!
—7.8221
5P-
4,770
3,850
1,28<!
-4i;
30;
330
200|
.
252
4,520
3.5S0
1,14,;
410
36.)
330
loO’
so
14+!
144
122'
281
Hd
145
200;
73
231
144
143
225
JUNE
THE CHRONICLE
11. If 84.3
Gross
Xante
of road.
1884.
|
8
282,803
A: t. iiiiure..
Flint & Pore Marq...
Fla- R’y A' Nav. Co...
Evansv.
Sc Denver
Grand Trunk of Cau.t
Fort Worth
Win. Sc St. P.
Gulf Col. Sc Santa Fe. |
DLCent.(Ill.&So. Di v.)
Gr. Bay
(Iowa lines).. i
Ind. Bloom. Sc West... i
Kan. C. Ft. S. & Gulf* 1
Do
[aland
Louisville & Nasliv...
Marq. Hough. & On..
Memphis & Char’ton.
Mexican Central
Long
57.127.
Virginia Midland...
West. No. Carolina.
Rochester Sc Pittsb...
Bt.L. A.&T.H. m.line-:
Do do (branches).
8t. Louis Ft.S. & Wicli.
8t. Louis A San Frau..
St. Paul Sc Duluth
8t. Paul Minn. Sc Man.
Wisconsin Central*...
Total (60
*
roads)
..
$
283.157
55,920
2-9,664!
01,400
37,700,
74,798
1,227,0 3
1.402.610j
28,780
35*689i
140,771.
748,001;
141,303
790,032
130,768
191,992
121,311
215,565!
+ 30,249
1U7.102
86,383',
265,600
158,200
84,805
+ 20,714
+ 1->7,400
1,850,
48,241;
36,637
137,302
42,900
141,975
205,663
72,4 IS
759.687
102,870
00,014
297,287
47,962
98,232
101,031
37,308
137.765
27.523
49,030
101,731
55,178
60,91 4
35,503!
1
32,124'
G,S3G
that
on
1,100
110
2,322
2,322
465
22 5 j
534!
1,520
225
50 >3
1.506
402 j
402
GU'
68 4
339!
35 2 j
389
S52
2,065
2,065
528,
100
330
531
326
151
528
502
240
460
240
2,453
1,701
135
3301
1.238
374
22 Ij
+ 10,350
+ 4,115
+ 4,151
—2,775
-14,609
+ 527.013
—3,655
—1,597
212
254
+ 4,601
206
+ 49,202
+ 2,300
294
195
—5,736
138
160
776
225
212
254
757
337
294
353
206
222
195
121
128
726
203
—671
403
774
363
294
353
+ 2,042
+ 273
—
+ 18,672
+ 60,756
613.655
291,756
102,141
727,499
-2,773
—113,814
1,387
1,250
75,213
71.250
+ 3,933
441
441
357,512:
99,308-
18.038.831 1 7.457.393
satisfactory showing is the St. Paul Min¬
neapolis A Manitoba. This road lost $131,403 in 1883,
and
146
3 47
465
110
146
361
+ 10,931
+ 85.567
81,607.
11
1,123'
-291
-hi,207
—8,367
4-11,319
+ 26,700
-175,613
-0,9 9
r -A.} 2
+ 11,228
—39,159
+ 36.978
81,333;
1883.
i
*
—22.7S7
204,634
:
$
234,1511
Only three -weeks of May in each year,
The
or
1834.
Decrease.
153,555
1.147,915! 1,062.348
95,155
Sh. & West..
47,015
Milwaukee Sc North’ll
146,126
Mobile & Ohio
202,888
Norfolk «fc Western ..
57,839!
Shenandoah Valle}’.
i 1,280,700
Northern Pacific
99,215!
Ohio Central
58,417;
Peoria Dec.it Evansv.
299,329
Rich. Sc Danville.
Col. & Aug
Columbia Sc Gr’v
j
220,797
80,117
Milw. L.
Char.
IJncrease
ioso.
makes the least
Mileage.
Earnings.
i
G93
!
+581,528 '43,662 39,713
i For four weeks ended May 31
noteworthy increase in the above exhibit is
the Northern Pacific—$527,013. .Of course, to a
only
great extent this is the-direct result of the opening of the
road through to the ’Pacific coast.
Wo presume that as in
previous months the gain is largely in passengers, and nat¬
urally the road gets much of the travel destined to Port¬
land that formerly went over the Central and Union
Pacific to San Francisco, and thence by steamer to Oregon.
now
loses
$113,8 44
in 1884—in other words,
more
the present
earnings of $013.(455 compare with $858,902
only two years ago.
The largo gains recorded by this
line prior to 1 8S3 came 'chiefly from the heavy immigra¬
tion into Manitoba and also from the carrying of construc¬
tion material for the Canadian Pacific, both of which
sources
of
traffic
have
suffered
now
a
It, is inter¬
break.
esting to note here that the Canadian Pacific itself records
declining earnings, notwithstanding the addition of over
850 miles of road to the mileage in operation—the loss for
May on this increased mileage being $53,44 7. As bearing
out our remark above, that Western and Northwestern
roads as a rule had a smaller supply of grain traffic in May
this year than last, we give below the following table of
the movement in
usual form.
our
RECEIPTS FOR FIVE WEEKS ENDED MAY
Wheat,
(bush.)
Flour,
(bbls.)
31, AND SINCE JAN. 1
Oats,
(bush.)
Coro,
(hush.)
|
Chicago—
4,296,694
3,145,794
21,292,989 13,904,8(50
242,809
856,933
1,814,012
106.158
358,810
651,(386
24,332,713 10,(364,337
2,589,034
1,037,677
2,407,913
4,365,559
283,804
230,093
242,3(39
1.1(32,498
1,405,754
5 wks., May. 1884
5 wks.. May, 1883
Since Jan. 1,1884
Since Jan. 1,1883
648.490
3,310,120
8,695,951
I
Milwaukee—
5 wks., May, 1884
5 wks.. May, 1883
Since Jan.1,1884
Since Jan. 1,1883
8,858
2,669,120
77,2s0
279,467
3734,730
2,8S9,846:
778,732
681,664
382,261
349.859
1,504.620
1,302,334
84
Hue.
(bush.)
^5 SSL
.
327,539
294,948
1,293,183
1,108,053
289,140
2,289,531
1
St. Louis—
548,933
661,790
14.362
17,530
55(5,955
710,790
2,824,517
2,348,367
79,985
75,050
786,691
1,005,214
23.188
7,07!
500
3,771,468
3,495,796
57,078
191,615
366,3)88
4,900
48,081
34,007
16,278
6,250
*34,967
61,810
74,605
1,063,184
82 :,493
72,984
58,395
373,074
320,748
48,589
33,718
813,932
398,348
2,156
81,123
150,455
89,090
378,696
362,133
20,435
13,5-5
116,726
107,994
681,(310
1,087,641
(319,794
2,104,945
2,377,515: 10,425,369
8,312,114! 11.716,080
108,854
127,723
5 wks., May, 1884
5 wks.. May, 1883
Since Jan. 1,1884
Since Jan. 1, 1883
49,180
78,599
178,627
299,905
301,942
1,941,034
137,487
103,546
'
Toledo—
5 wks., May, 188)
5 wks., May, 1883
Since Jan. 1, 1884
Since Jan. 1, 18813
8,215
32,913
29,39(3
Detroit—
5 wks., May,
367,386
675,788'
2,037,299
8,580
3,944,708
1884
12,103
wks., Mav, 1883
Since Jan. 1, 1884
Since Jan. 1, 1883
15,231
51,770;
89.102
Cleveland—
5 wks., May, 1881
5 wks., Mav, 1883
Since Jan. 1,1884’
Since i an. 1, 188.3
15.978
12,927
50,343
55,720
5
291,858
285,3 10
1,481,558
2,882,564
371,617
819,574
292
1
206,081
152,223
465,181
120,420
1,000
500
gold excitement, about the Occur
2,390
725,297
595,777
d’Alene mines has been a prolitable source of gain.
To 5 Peoria
53,90*
68,150
51.750
809,950 1,523.570
4,620
wks., Mav, !884
89.750
58,20‘
33,200
466,700 1,184.925
7.701
show the relative proportions of the increase in passengers 5 wks., Mav, 1SS3
342.265
260,20"
213,355
5,135,635 4,019,613
since Jan.1,1884
23,470
880,980
320,200
107,510
28,836
4,389,950 4,061,575
and freight, we need only sav that of the augmentation of Since Jan. 1, 1883
Duluth—
307,596
Mav, 1884
$781,103 in receipts^during April, $157,830 came from r>5 ivk“.
214/443
wks., May, 1883
k!...k
(580 552i
Sin
Jan. 1, 1884
freight and $023,273 from passengers, the earnings of the Since Jan. 1, 18-+.
|
86 7,765 j
latter having risen from $231,077 in April. 1883, to
Total of allj
258,350
758,700
5 wks
4,897.314 6 951,385!
762,492
2,871,7 49
Mav. 1SS4
562,2(58
844,928
7> wks.. May, lnsy;
8,231,250 5,540,930
764,025
3,507.030
$854,350 in April, 1884.
603,203;
220,660
5
727,907
2,777,0341 10,034,30? 3.482.653
ks., Mav, 1882
1.3,6.815
80,(376
Northwestern roads as a rule do not make as good a Since Jan. 1, 18*4 3,7374,547 13,310.003 42,473,081 23,585,558 5,'
1.8-1,065
6,741,238
3.575,932
Sin
18,29(3,235 46,2(32,061 ; 19,232,201
Jan. I, 1883
984,138
Since Jan. 1,1882 3.172,780 12,761,107 37,192,270 15,7(55,192 1 4,114,494
comparison with 188^ as in April, notwithstanding that
The largest diminution in the movement, it will be seen
these roads in May last year, with one exception, were not
distinguished for any very decided gains. The exception here, occurs in the item of corn, though wheat also shows
is the St. Paul, which then had an increase of $405,581/ a material falling off, while oats, on the other hand, record
Chicago is the heaviest loser, and St. Louis comes
On that road therefore the small decrease of $47,513 this a gain.
next.
In general, it may be said that, as in preceding
year is insignificant.
Other roads however in that section,
had only small gains last year—where they did not actually months, nearly all the roads in the section east of the
have a decrease.
'The changes on these this year, con¬ Mississippi and north of the Ohio—comprising the States
of Illinois, Ohio and Indiana, where the harvest was poor
sequently command more attention. We find that the.*
Burlington Cedar Rapids A Northern gains about $13,000 last year—had a small supply of grain traffic, and also a
in 1884, in addition to $0,000 in 1883, and the St. Paul A small supply of other local traffic as a result (farmers
Omaha $55,000 in addition to $49,000.
The Chicago A' gauging their wants by the size of the crops)*so that the
Northwest which in 1883 had a gain of $10,000 for the roads in this district record a pretty general decrease,
month, this year gained $25,000 in addition during the which is all the heavier where there was a gain in 1883.
first three weeks.
The figures for the fourth week of the Indiana Bloomington A Western and (>hio Central both
month we have not been able to obtain, though unofficial had a large increase in 1883, and now have a decrease, in
statements in the daily papers report a decrease of $109,- each case, however, smaller than the previous increase.
000 for this period, and it is claimed that this accounts for The Chicago A Eastern Illinois again has a large loss, after
a heavy loss
the figures
in 1883, so that its earnings this year were
not being given out at the company’s
office.
But even if correct we very much
doubt only $115,246, against $146,779 in 1882. - The Alton A
whether
the
returns,
would
be
withheld
were Terre Haute branches and the Peoria Decatur A Evansville
it not that the fourth week of May completes the com¬ likewise make further losses. Evansville A Terre Haute,
pany’s fiscal year ; for that reason it is desirable that all on the other hand, gains $1,207, on a loss of $.5,038 in
1883.
The Cincinnati Washington A Baltimore (former
necessary corrections be incorporated before sending out
But aside from this, the
449,. 06
—
*
•
•
-
-
........
e
:
!
)
,
«
e
i
‘
figures for the full year. The St. Paul A Duluth road Marietta A Cincinnati) lias a loss, as in all other months
reports a decrease of $2,773 for the month, after an this year. The Illinois Central, which on its Iowa lines
increase of $18,500 in 1883. The road, however, that (operated for a percentage of gross earnings) continues to
any
•
691
lose
THE
heavily in
CHRONICLE.
[vol. xxxvm.
the Illinois line and Southern divi* the total was 144.000, and even in 1882
(remnant of the
quite a satisfactory gain. This, we presume, short crop of 18S1) as much as 70,449. Galveston,
New
occurred on the Illinois portion of the line, and not on the Orleans and Norfolk lost
heaviest, though there- is not a
Southern portion, since the latter lost considerably in cotton
single port that did not have smaller receipts than a year
traffic, as is indicated in the fact that it delivered only ago. Yet Southern roads, almost without
exception, make
1,938 bales of cotton at New Orleans in May this
year singularly good exhibits.
This is remarkable, in view of
while in May last year it delivered 11,411
bales, against the fact that so many of them are very largely dependent
which loss, however, there is as offset a
gain in local upon this one item of traffic. The only explanation that
traffic constantly going on.
can be found
for the way earnings keep
•
up. despite this
Of Michigan roads, the Flint & Pere
in
contraction
the cotton movement, is that - there is
Marquette has a
a con¬
loss which is small alongside the
large increase the same siderable development of the territory tributary to their
road reported in 1883, while the Detroit
Lansing & lines. In point of fact, the managers of the Illinois Cen¬
Northern also has only a small decrease.
On the other tral inform us that the growth of local traffic on their
hand, the Marquette Houghton & Ontonagon (mineral Southern line is almost sufficient to offset the loss
in
road) and the Chicago & West Michigan both have some cotton, and the same must also be true, an I more than
gain—the former after a large loss and the latter after true, of the Louisville & Nashville, Mobile & Ohio and
an increase
in 1883.
In Wisconsin the Green Bay other lines.
The Louisville & Nashville for
May, it will he
Winona & St. Paul loses all it gained in 1883 and more,
noticed, gains $S5,5G7, or 8 per cent, and it will be observed
gross, on
sion makes
■
.
while
the
Milwaukee Lake Shore
Milwaukee & Northern both have
&
Western
and the
east-and-west trunk lines, our table contains
only that in Canada—the Grand Trunk—and that exhibits
a decrease
of $175,013, or 13
The detailed
per cent.
returns recently published show that for
January, Feb¬
ruary and March the company was able to meet almost
the whole of its loss in gross
earnings by a decrease in
expenses, but that in April it was not so successful in this
respect, a decrease of £45,017 in gross earnings being
accompanied by a decrease of only £24,774 in expenses.
running to
connecting with the South¬
or
west, make, as far as reported, very satisfactory exhibits.
This is the more remarkable that it. is
precisely these
roads that made the best exhibits a
year ago.
The Chicago
& Alton
gains $3,744 in addition
other
satisfactory gains. increase, and
very
Of the great
The roads
that most
$87,153 in May,
1SS3, while the St. Louis & San Francisco, which
then recorded an increase of
$43,000, now has a further
increase of nearly $01,000.
The Kansas City Fort Scott
& Gulf continues to profit
by the extension to Memphis,
and is swelling its
earnings handsomely. We have none
of the Gould roads, but with the smaller cotton move¬
ment and the dreadful
rains, and the further fact that
they had very heavy gains in earnings last year, there
seems good reason for
believing that their showing this
year must have been unfavorable. The Fort Worth & Den¬
to
more
Southern roads also record
even
where there is
a
more or
decrease it is
hardly
than nominal in amount.
Our
table of
year makes a
Pacific of course
less
earnings for the first five months of the
tolerably good exhibit. The Northern
leads all others in point of increase, but
the St. Louis & San
Francisco also makes
excellent
an
showing, and the St. Paul & Omaha and the Louisville &
Nashville do .not lag far behind.
The Kansas City
Fort Scott & Gulf, and Rochester &
Pittsburg likewise do
well.
Of those having a decrease,
twenty-five in number,
the Central Pacific loses nearly
three-quarters of a million,
almost all occurring in the first three months and in
large
part, due to the floods in Southern California. The St.
Paul Minneapolis & Manitoba and the
Chicago Milwaukee
& St. Paul both have
a
decrease of over, $150,000.
The
heaviest
decrease, however, is reported by the Grand
Canada—namely, $834,707. This is the only
large trunk line in our list, and though outside the United
States,, will, in connection with the smaller roads given,
Trunk of
afford
idea of the
of traffic
over the trunk lines in
this country during the same period.
We find for instance
that the Indiana Bloomington & Western has lost $145,000
or
some
13 per
course
cent in these live months, that the Cincinnati
Washington A Baltimore has lost $44,955 or G per cent
during the same time, and that the Alton & Terre Haute
ver. which in a measure
profited by the floods (getting traffic main line has lost $12,490 or only 24 per cent. From
that would otherwise have taken other
routes), has a very London, we have also, the figures of the Ohio & Mississippi
heavy percentage of increase and further south in Texas for the first four months showing a loss of $35,000. or less
the Gulf Colorado & Panta Fe hist maintains its
earnings of than 3 per cent, and the Cleveland .Columbus Cincinnati &
a
year ago. A feature in the figures of the latter is the Indianapolis with a loss.of $140,000. or about 11 per cent.
fact that frei.lit
earnings show an increase, while passen¬ This demonstrates clearly that trunk line business lias not
ger earnings show a falling oil.
That the cotton traffic been very satisfactory, and moreover tells us that it lias
on
all Southern and Southwestern roads
during the been least satisfactory on the more northern routes. The
month was almost nil will appear from the
following following is our usual table, giving particulars of the earn¬
table.
ings of each individual road for the first five months of the
RECEIPTS OF COTTON
TO
AT
SOUTHERN
PORTS
IN
MAY, AND FROM JAN. 1
MAY 31, 1881, 1883 AND 1852.
!
,,
Mi 7/
Ports.
188-1.
Galveston
.bales.
Indituiol», &c
.....
New Orleans
1,882
20,084
6!
13,290
434:
Savannah
l,548i
4,578
131
14S|
4,931
3,092- 13,183
Brunswick, &c
Charleston
..
75|
.
2,421
Port
ltoyal, Sic...,
Wilmington
Morehead City, &c
Total
127.1211
827'
415,120;
55,352!
17,598|
of
Rond.
1SS1.
317,225*
115,040
3,075
759,033
97,004
9,130
2,702
300,090
60,113
8,509
Burl. Cedar Rap.
Canadian Pacitic
Cftiitrn.l
1
& No..
own
8,087,000
Chesapeake & Ohio
Eliz. Lex.&Big Sandy.
1,439,003
2G9.0>1
7,404'
89,090j
161,347'
99.222
Chicago Milw. & St.Paul
2,910
10,022
9,450
14,8151
37.091
30,111
2,258j
''.794!
289,191 j
Chicago it Northwest
Chic.St.P.Minn.ifc Omaha
Chicago tfc West Mich....
4,771:
70,449
143,1021
56,110 j
77,428*
1,034,259
10.750
188,023
.
50,076
2,003,232; 1,054,020
total
receipts at all the ports
during the month only 24,000 bales, while in 1883 I
31
Central Pacific
Chic. Sz Eastern Illinois.
274
$
r, 072,3 25!
1,010,703!
:iJ
2
31,909 17,780
TO
MAY
31.
1,883.
Increase.
Decrease.
$
*
$
1832.
502
_
reached
J
105,212
292'
the
1883
220,542j
200'
1,303'
7,900
!
1,537!
0S7
[l44,592
Name
1884;
L
.
lo8,347
1,509
472!
January 1
GROSS EARNINGS FROM JANUARY
13,038
OS
24,201
that
8,305
J
132;
194*
49|
West Point, &c.....
see
j
2,079j
140
Norfolk
we
lOTj
11,975! 40,257; 13,053
Mobile
Florida
Here
| 1883. | 18S2. j-
Since
year.
Chicago «fc Alton
Cin. Iud. St. L. A Cine.
Cin. New Orl.& Tex Pac.
Alabama Gt. Southern
New Orleans & No. E.
Vicksburg *fc Meridian.
Vicksburg Sh. & Pac..
Cin. Wash. & Baltimore.
.
*
3,195,122
572,273
8.509.OOO
7,S7s*,Sl8
2,189.80 ;
039,815
913,949
1,004,82 >
439.705
301,318
192,400
49.083
G71.3«9
8,0 83 j
1.004,242
1,038,001
Tsi 'Mil
80,753;
9,415.899
1,173,014
!
0-3.104
■
57,051!
........
8,005,758
7,803.488
1,919.227
70,330
270,579
019,000
20,809
948,0 40
50,177
0 ■',434
31.32 2
129,990
41
254
31,301
201,876
.!
31.582
14.5 01:
710 3 13
l
Includes three weeks only of May iu each year.
70.891
156,758
95 S,203
4
728.899
33,411
8,4401
200,005
3,138.071
.1
'
1,953
'*9,470
4
4 *»vi
THE
14, 1SH4.J
Jr.'.'E
|
18S4.
of Road.
Xante
Increase.
1883.
CHRONICLE.
695
Decrease.
Name.
I
$
Tenn. Va. &. Ga
1,273
125,509
568,551
1,543,871
Florida R'y A Nav. Co..
Ft. Worth A Denver
GrandTr. of Canada ...
Green Bay Win.At St. P..
Gulf Col. &■ Santa Fe....
1,03*2.01 S
4 0,292
1S5,100
6,704,6671
145.144:
069,8741
& Col
Ft.Doiljre*
Detroit Lansing Ac No...
Cleve. Akron.
peg Moines X
271.656
Cent.(Hl. line & So.D)
156,6*9
43,02 3 i
485.3
82 8,3o7j
300,770!
319,600
270,7071
001,271
005,381
154,710
597,959:
3,033'
190,0.j0
330.299
73,282
32
‘5,396,312
83,110,622
1,034.200
36,220
1,055,591
40.802
392.465
0,280.580
0, ‘>53,928
929,080
1.548,474
1,334.900
1,079.503
‘2D .522
1-2.922
190,9.0
109,709
78,000
81,227
275,891
i
1,727.434
Norfolk & Western—
1884
1883..
Snenandoah Vailey—
18M
*
18s3
Northern Central—
1884
Out statement of not
covers
months of the year.
and the, first fuiir
30.085
61,383
|
1.110
0,003
1.514,364
£20,196
338,094
8
‘0,197
800,1(52
-
'
454.749
275,993
178,757
470,335
281,511
194,794
1,441,514
003.478
49 4,007
778,036
23.922
232,704
213,803
0,7w9
1.725,772
1,909,318
017.33S
1(35,805
3,554,058
1.911,458
1,407,740
3-81,584
•
087.234
Pitts-
18.-4
4.150,309
4,001,7.0
2.401,853
2.593.919
1,091.450
1.407,831
15.159.902
I5,8r2.702
5,389 722
5.731.010
279,923
311,030
182,479
19 7,890
97,444
113,710
1,027,591
1,235.108
353,946
435,229
1.883.788
1,010.251
971,188
837.535
0.070,055
1,720,010
755,428
0,45-.491
2,284.337
2,747,009
971.S87
505,201
400,020
3,105,304
1,131,290
1,131,00
100.78‘. >
4,088.343'df. 190,855-
....
!
18-4
1883
Phila.X Read. Coal
x
1
12,4 96
13,266
1,238.079
116,808'
........
]
1884
18.83
West
1
2,128.905
&%«j03y <£ t i
1,177.025
1.079,213
93.1-5
70.0.3
57.2 48
i
t
j ,
O
7,188.554] 2.300,594
8,345,1 l3j 4,113,000
951,940
1,284,034
*
10
312.104
35.937
19.031
50,992
May.
07 279
|
Jersey —
1884
188 3
54.9 11
1,135,056
4.228,0231
02,000
13,413
1
1
lion—
18^4
18S 3
Union Paeitic—
j
118,230
90,2-0
270.718]
!•
1
May 31.
Jan. 1 to
Name.
G ross
Net
Operating
humings Expenses. Ea filings
5,029.722 2,744.032
i 8-1
*
1 10.120
125,000
21.120
1883
141.975
115,002
20,913
this time, April
The exhibit for
April is not as a rule very favorable, though there are
prominent exceptions to this in the case of several individ¬
ual roads.
Among these latter, we have already com¬
mented. in previous issues, upon the excellent showing of
the Northern Pacific and the Pennsylvania; also upon the
more satisfactory return issued by the
Heading for April.
In another column we dwell upon the falling off on the
Erie and the Union Pacific.
408,972
174,386
1883
........
in each year.
earnings
j
52.470
49,140
Mobile X Ohio—
lly of May
700,250
'
58,539
00,077
000,412
ui
I
s
■
2,28o,66o
Net increase
214,124
239,071
(
320,091
321,027
01.383
]8S3.
N. Y. Lake E ie X West.+—
1884
18.-3
3 s,203
399.973
3.148,704'
512,39:
2,975,18s!
275.507
Central of New Jersey—
j
348.920
105.152
792.473
Philadelphia x Reading i—
67.16s
1,137,035]
1,7 8 5,981
38,3,660
101,435
Net
*
72.14,8
50.283
18.-4
31,503]
258,431
$
110,019
Engltnd—
1883
30,785
413,141
585.103;
!
1-8.107
?
1884
18-4
1883
Gross
Philadelphia X Erie—
2,170,213]
!
Earnings. Earnings.
i
........
57,2601
123.103
101.306,
........
2,493!
33 3,090.
Operating j
Net
Earnings. Expenses. 1 Earnings.
•
burg X Erie)—
2 4,820
277,399
1,500,115
349. (>s5j
1,573.283
Wisconsin Central*..
57,239]
399.487
Jon. 1 to Apt. 30.
1883
4,352]
2,671.145
1884
18J-3
N. Y. & New
Northern Pacillc—
1-84
1883
Penn, (all lines east
61,033!
286.251
567,302
|
183,7791
380.056,
I85,515i
839,4 19
1/ 05,825;
4,341,358
430,272!
308,904!
do
Total (GO roads)
l
.......A
IS]
290.603
27,670
135,251
96,696
143,332
I
231,015]
1,963.0851
(branches) J
St. L. Ft. Scott A Wieh.. f
St.Louis A: 3. Francisco, j
St. Paul Ar Duluth
8t. Paul Minn. At Man...
1 1.706
j
•
5.284.677]
.
Do
'
42,7171
37,295 j
210,335|
811.912!
Milw. L.Shore A West'll.[
Milwaukee A: Northern.|
Mobile At Ohio
I
Norfolk A: Western
I
Shenandoah Valley ,.J
Northern Paeitic,.
]
Ohio Central
I
Peoria Dec. At Evansville!
Richmond At Danville...I
Char. Col; At- Augusta, j
:
Col. A: Greenville
Virginia Midland
i
West. Nor. Carolina...!
Rochester A: Pittsburg., j
SI.L.A.AtT. H.niain line.. I
831,707
........
........
797,393;
4
19,748
68,269
45,800
840.1101
5,515,6. *2j
1.129,077)
Mexican Central
8.698
080,115]
199,682:
5 to,351 j
........
j
865.894!
-
Louisville At Nashville.,
jlarq. Houghton At Out..
Memphis At Charleston..
13,478:
697,541
4.207,20 lj
764,222:
1,169,940
1,024,COS
Nashv. Chatt. X St. Louis—
42,738
i
156.850
607.526*
(la. leased lines;
Do
Indiana BIooiu.At West..
Kan. City Ft. S. At Gulf*.
Long Island
17.638;
372.023
139,600
7.539,374
4.072,013'
$
22,615
.j
1
Evansv. A T. Haute
plint A Pore Marquette.
HI.
2o3,8SSi
107,871!
611,2 89
1,530.393
280,354
1,- *51.7 66
1
East
$
*
Is
April.
Gross
Outside of these the Atch¬
i
*
f
Gross
Operating
S
;
’
Net
Earnings
i
*
209.147
841,912
839,119
100,338
Jan. 1 to Mch 31.
March.
NAME.
Gross
1
Ea filings]
Ni t
Gross
Net
Earnings. Expenses. Earnings. Earnings. Earnings.
8
210.153
210.909
*
97.389
800.230
S
230,022
120,880
843,211
221,917
57.519
53,015
43,801
13.058
49.320
3,725
150,850
150,430
25,45313,993
291.078
298,378
233 242
58,730
01,870
781.303
758.830
Chesapeake X Ohio—
£
313 542
h-8-i
1883
Klizab. Lex. X Big
18-4
'337,795
Sandy—
Oregon lmprovem’t Co.—
1884
1883
+
Including in 1SS4 OS
per cent
233,508
*
of earnings.und entire working expenses
128 3s6
152,477
of the
New York Pennsylvania A Ohio Itadroad.
i Not cm 8 racing operations < f
§ Including
Centra! of New Jersey.
(‘06,000 of extraordinary receipts in 1883.
ison
Topeka & Santa Fe loses SluTooo in the month,
wholly the result of increased expenses, which in preced¬
REFUNDING
ing months had been steadily diminishing, and the Pur-
lington & Quincy and the Turlington Cedar Hapids <N North¬
both exhibit
ern
of
The section
small diminution in net..
a
country that offers the best returns as a whole, is the
AVhile
and
so
other
IN
GREAT
BRITAIN
national debt lias
experienced so many
rapid changes, of form, of amount, or of the rate
no
of interest which it bears,
as
has that of the United States,
the common impression that it is quite peculiar in these
here there are some roads that fall be¬
Particularly is it
hind. The East Tennessee, the Louisville k Nashville, and respects is not borne out by the facts.
not true that the British debt surpasses those of other
the Nashville Chattanooga N St. Louis, all have better results
than a year ago.
In the following table will be found the governments in permanence and stability. A reduction of
£20.000.000 sterling in the capital of the debt in the ten
figures of all roads that will furnish monthly returns for
years from 1874 to 1883 is nothing in comparison with the
publication.
South, but
even
GROSS AND NET
EARNINGS TO
Jan. 1 to A j>r. 30.
A pril.
Name.
Gross
Opera* inf
Earninets Expense*.
Atch. Topeka & Santa Fe"*
18-4
ISSi
...
Burl.Ceuar
nap.
218.253
Burl. X Quincy—
ls>4
18K3
Cin. 1ml. St. Louis X Chic.—
IN-4
i
118,032
79 723
12! ,350
855,5?(>
112
3.323,000
7,457.415
J,ooo»l 03
i.oo i,
707/-55
752,003
l
r>4
444.990
104,895;
.1.881 901
590,531
335.011
200,8H0
2,000.408
0.102!
5,94(0
10T.34S
23.183
291.519
.
r*22
A*
21.907
17.265
19.3,347
183,801
M
194.771
201,047
309, C64
219,545
50.4.5
48,819
5d,540
37,181
20,800
.15,354
10,895
93.091
229.488
722,202
18.24.8
•
21,252
9S, 1 72
1,201,008
439,135
88518!
1.247,230
412,1 91
1.005.270
25S 901
291,779
X
09.270
89,519
G
1,183,000
V
X Gr. Trunk—
188 i
1883
Det. Gr. Haven X Milw.—
1884.
12,000
13,300*
5.542
7,010
20.2.020
33.324
189,524
3S,o 01
7 V OS
85.817
1.125.291
700.990
858,295
94 7,450
598 57^
348.872
4.307.7 77
4,222,329
13.212
ls,u9i
.8
1.3-5.210
1.520.509
093.770,
502.881
5.222,289
2,8" 9,393
.
1883
1
8
X Nasn\ i ie—
s
s
acifle—
1884
1,190,' 57
18s3..
*
251.001
215.508
74,222
1 97 755
28,009
1
2,255,018
850,752
103,141
3883...
Missouri
4,792,990
1
045,203:
1884.
13.-8...
1.88 4...
089.228
145,801
114,031
057,518
fast Tenn. Va. X Georgia—
1881
1831
G-.nl Trunk of Canada—
13-4
Louisville
588,920
1,100,6.2
1^4
Lhictgo
*
2.500.754
1,1.87.248
De.s .Moines X Ft. Do :ge—
.
£
5.049,424
1 832,45!
1883
Denver X Bio Grande—
..
!
1,831,13d
..
Net.
1
587.032!
-
217,570
Gross
718,308
& North.—
1884
lSfo
Chicago
j!
Net
Enrnings.] Earnings. Earnings
•*
*
1,306.000
1,278,151
achievments of
LATEST DATES.
lLuLcii!
1.150.057
g
souilitrn Ki
nsas
885.977
in Loth years.
314.080
Government in paying
off as much
or
more
in a single year.
But it is much, when we
remember that, leaving out of the account the small sum
which remains of the £28,000,000 annually appropriated
for interest and charge of the debt, the budget is intended
The Chancellor of the Exchequer esti¬
to be balanced.
mates both revenue and expenditure very closely, and lie
does not provide for a surplus, -at least not for a consider¬
able surplus.
Consequently the reduction of twenty mil¬
lions referred to has been for the most part merely the
result of unexpectedly large revenues.
If there is no feverish haste to pay off the British debit,
there is also nothing like a disposition to tinker its form.
But. whenever an opportunity oilers to make a saving, the
Government is ready to take advantage of it. and brings
forward a plan for reducing either the capital or the
interest.
( >ddly enough it sometimes increases the interest
charge for the sake of disposing of the capital, while it
is now proposing to increase the capital for the purpose of
diminishing the interest. Both processes are demon¬
strably advantageous to the Government.
Last year an
our own
6«6
act
THE
CHRONICLE.
passed by Parliament permitting' the sale of
terminable annuities, by which it was
expected that no
was
less than £173,000,000 of the
In
[VOL. XXXVIII,
the present £612,000,000 three
per
converted into two and a half per cents
(the expectation
is that most of those who are
debt would be canceled in
case
centiTwere
willing to make the exchange
twenty years.
But of course the rate of interest paid will take two and one half per
cents), the capital would
during that time will be very greatly increased. The plan be raised to £(501,000,000;- but the interest
would be
is apparently successful, for
during the past year no less | reduced from £18,360,00*0 to £16,524,000, a
saving of
than £72,000,000 of the funded debt has been canceled
j rather more than £1,800,000. The Chancellor of the Exand transformed into the annuities above mentioned.
Now Mr. Childers proposes to
begin the process
chornier deems it wise to devote
nearly half a million ster.
of ling of this sum to a sinking fund for the
extinguishment
refunding the whole of the three per cent stock, the of the addition to the capital, leaving him a little
more
consols, into now stock bearing interest at two and one than £1,300,000 a year as the net
saving by the conversion
half, and two and three fourths per cent.
It is commonlv i 0f the whole amount of three
!
supposed in this country that the British consols are irre¬
deemable, and that the Government can only extinguish
j
per cent stock.
That is not
What is of more
great sum, but it is worth saving.
importance than the actual money economy is the estaba
d'-bt bv
It used to be so consideredj m ! lisiimcnt
iwhmont ox
of two and one
vy purchase.
i
J
half itier cent as the
ordinary rate
....» t
Fmo-land
also
But
until
/
itingianu aiso.
quite
i
lately it was not a prac.ical 0r
m int*»”osh on British Government loans, and as the'rate
\
„(i
’
>
question at all. Consols were permanently below par, and , to
In all probability
to be
on future
be mid
pant on
lui ue loans.
1
the demand
the cheaper way would have been to
ih
buy, rather than to (’> i01_ mis class of security will, in the course of a very few
call in the stock, if Government had the choice.
But m years, bring up the two and a half
per cents nearly or
1870 Parliament declared the debt to be redeemable at
quite to par,"
if
of the
,
the
tne
,
,
•
->
„
.
•
and
A
par at the pleasure of the Government.
Since then
sols have risen to a
premium, and have remained
con¬
steadily
above par
as
is
every reason to expect,
well cared for
rate
to the
present holders of three per cent .stock, £ 102 in 2 J per
stock, or £108 in 2:]- per cent stock, for every C1 <)0
which they now hold.
The effect of this would be that
|
cent
as
Government should
it-lias been in the past, which there
loans will be effected at the new
productive of capital as those recently made at
three per cent have been.
The bill meets with opposition, but
that,was to be ex¬
pected. Mr. Hubbard gave the House of Commons notice
that his colleagues of the Bank of
England were ad verse to it*
No one could have supposed that they would favor it. The
for a long time. This seems to be an oppor¬
tune time, then, for an
attempt to reduce, the interest on
the whole debt, and that is wliat Mr. Childers
proposes by
the government bill now
pending in Parliament.
Plis plan is as follows: lie
proposes to offer
the credit
be
;
as
Bank holds
so
large
an amount
of the debt
as
its circulating notes that the loss of interest
I
those who took the former class would receive £2 1 Go. Id.
interest, and those who took 2£ per cents would receive ! But it is not easy to see what tin
£2 14s., where they now receive £3, on each Cl00 held.
j ciabiy Tell.
security for
will he appre-
Other fund-holders will sympathize with. them.
alledge, aside from
self-interest, against the scheme. Mr. Childers now asks
The actual loss of sale value of the
capital would, however. | for nothing but authority to propose to the holders of conbe much less in proportion.
Three per cent consols sold : sols an exchange of their present securities for others,
on
May 28 at 1013., and two and a half per cents at 1)2£. with more capital and less interest'.
Any one will be at
j
Three per cents were thus at 1002,,
nearly, as compared i liberty to refuse, but the Government will elfect an
with 100 for the lower class of stock. Mr. Childers’
prop- j economy so far as the oiler .is accepted.
It is unfair to
osition, therefore, gives an option of taking 1 .V per cent j no-one, unless the reservation of
authority to call in and
less than the market value of the three
per cent stock.
At 1 payoff the consols not exchanged be looked upon as a
present he asks for nothing but the right to make the offer threat against those who refuse to
accept the offer. But
to fund-holders.
But he says that probably the next offer the fact that unless some coercive
step is taken the Govern¬
will not be so favorable as this, and the
ment
will
forever
be
unable
to make use of its
right to redeem
authority to
y can
j
,
the consols is held
in
reserve to coerce
those who
are
not
redeem the consols at par,
and will therefore be
at the
disposed to accept his first terms.’
mercy of.’ its own creditors so far as to he forced to pay an
There seems to be something
like audacity in Suggesting unnecessarily high rate of interest, will be a sufficient ex¬
the possibility of a forcible
redemption of such a vast sum cuse for the measure.
as
£012,000,000, the present amount of the three per cents
even
if
not
of bonds of uniform
consist
of
numbered
denominations, it
bonds,
must be
nor
called,'
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
at
all, in gross and all at once. Mr. Childers, in his
speech moving the second reading of the bill
for
the conversion
of the
debt, referred to Mr.
Gladstone’s admission
in
1853, that a notice of
redemption addressed to all the holders of three per cents
would be
EXCHANGE AT LON DON-May 30J!
On-
Short. 12 2
^msia-rPam. 3 lnos. 12 4
Hamburg...
a
valuable lessons in
Should
Frankfort...
Antwerp
Paris...'
the
to
the
same
decision.
On
St
may judge
American holders oL’ six and
we
from the
manners
...
ft
@2005
@12-40
j
1
j
Cadiz
Lisbon
Bombay
Calcutta
..
.
Or. deni!
..
Is.
is.
ti
The
more
,
(j
!
! May 30:
3May
j.
a
.12-23
a
own
> - 2 2 *3
25 2<'13
25*23
2
3 mos.;
*•
“
■•!
|
30j
“
[
“
Way 30'
j
I ■ Mn V 2:> 4 mos.
ii.MaV 20j
..
1 From our
t
iDtay 2:1 Cab’es.J
:«o?: sr ;v oust
in which ; Shanghai
*
a
j
!; urn- 3
T
20 34
20-45
20 45
30 Short.
j!30;
New York..
12‘1112
May 30 3 mos.!
@400,
Constiint’ple;
,
Short,
Rate.
1
521if}@523ig
t
Alexandria..!
May 30
M .y 3»>
May 30
3
]
Time.
f
May 30 Checks
May 30 3 mos.
2.v4:UU @25-4v*U
@ 4011
j
La test
Date.
May 30
liMay 30
bj @ 2 5'4 7 b
■
EXCHANGE
i! May
20-1:5
® 20do
Che ole s J 2 5 • 18 :h @ 2 5
mas. I
2:0*4® 2.
N? art rid
five per cent bonds assented I
to a reduction of interest to three and'
one-half; and afte
wards to tluve per cent, there is a
verv'good
^
iprosper
mac ]!
- i
-ct that
the whole of flic three p< cents
r
m r* be converted.
*
a> 12-3
<*12-4 5,3
Petersb’g! 3
Genoa
■
whole, if
2 5" 4 2
Paris
Mr. Childers’
accepted by the holders of a considerable amount
of consols, the position of the rest is
perceptibly weakened,
flic fear that lie may be successful will induce
many hold¬
ers to
accept at once, and the chance of being forced to accede
harder terms will hasten others
|20*.2
j 12-35
Vienna.
offer be
to
.(*■(» i
2002
Berlin
given
finance.
Kate.
Amsterdam
hazardous experiment.
But since then the
Government lias become much
stronger and the manner in
which the.United States debt has been re-funded has
some
Time.
t
—for, since it does
17-00
r> 2i518
o: r.
107-30
4*J4512
Is.
Is.
71*,fid.
725a2d.
:>s. o i.
5s. i
*±d.
norrespornient. J
L.0MX|y’ Satur(-Kv, May 81, 1884.
•
,
ofr ibusiness
during
the past-month has been rather
satisfactory, but, at the same time, there is no very en-
course
June
couraging feature.
Less anxiety is now felt regarding the
and yet the desire to
operate more extensively in American securities is by no means
position of affairs in the United States,
Circulation
Public deposits
Other deposits
Govermn’t securities.
Other securities
*
Res’ve of notes & coin
Coin and bullion in
both departments..
Proportion of reserve
to liabilities
Bank rate
Consuls
Rug. wheat, av. price
Mid. Upland t ottnu -No. -Jo mule twist
GT •.'i-mg-Honsc tet’u.
of a decided character, the general public having shown a
strong inclination to keep away from Stock Exchange securi¬
ties of nearly all descriptions. It is seldom that the public are
stock when depression and uncertainty exists, and
In addition to the very cautious feeling
quite generally admitted that the means
at the command of the people are below the average, owing to
the inactivity of business and to the small profits which, as a
rule, accrue oir the completion of commercial transactions*
There is more or less of a hopeful feeling regarding the future;
but it is certainly difficult to see how any substantial improve¬
ment can immediately take place.
Our stocks of many arti¬
cles of produce are still very large.
Merchants show no eager¬
ness to buy, except upon very remunerative terms: but, at the
same time, consumers are very cautious in their operations,
and only buy from hand-to mouth. With the exception of
Egyptian affairs, which are still very perplexing, there is no
serious anxiety with regard to foreign political questions. But
the dynamite outrages show that there are still a few among
the discontented Irish who Are ready to adopt the most reckless
means in seeking to attain their purposes.
Nothing short of
the repeal of the union will satisfy that section of the Irish
people. Last night's outrages have produced a gloomy feel,
ing, and there is not at present any clue to the miscreants.
The destruction of a portion of the leading Metropolitan Police
station evidently shows that the dynamite party is very deter¬
mined‘‘and unscrupulous, and that it will adopt any means,
however cruel, to attain its end.
Several of these plotters
have been captured of late, and are awaiting their trial. The
law will, of course, deal severely with them, if they are found
guilty, but these conspirators will have but little chance of a
trial if, at any time, they should be laid hold of by an impa”
buyers of
this is the case now.
which prevails, it is
tient
697
THE CHRONICLE.
14, lS84.j
people.
Bank return is that The return of
coin from Scotch circulation is smaller than had been antic¬
The feature in this week's
A very limited quantity—about £50,000—has come
back, which may be accounted for partly because there Is a
certain amount of distrust, and, secondly, because the Whit¬
sun holidaj' season, in the North of England and in Scotland,
is the most important of the year.
Nearly the whole of next
week will be devoted to festivals and amusements, and the
ipated.
majority of houses will be closed to business. The Bank of
England return is, however, a satisfactory one. The propor¬
tion of reserve to liabilities amounts to about 48 per cent,
against 35*20 per cent last year, and is also in excess of the
three preceding years.
The increase in the total reserve
amounts to £191,449.
The total reserve now reaches a total of
£15,552,016, against £10,732,771; while the total supply of bul¬
lion is £25,138,906, against £20,497,811 in 1883.
In the bullion
market, a feature lias been that £100,000 has been withdrawn
from the Bank for transmission .to
Tenders
18-3.
18S2.
£
£
£
25,336.950
9.036,240
23,130,654
12,639,977
21,812.326
15,552,016
1881.
£
26.761.795
7,056,216
26.350,070
25,515.010
7,356.165
26,330, S80
5,741a 23
22,917,638
12,834,979
22,468.401
13.471,213
15.876,151
23.509,757
212,463,401
19.184,775
10,732,771
1.2,573.824
14,908,140
23,154,704
25,917,935
-
25,138,966
20,197,811
•13-08
35-26
40*75
45-75
2 k p. c.
4 p. c.
3 p. c.
ICO 5s
2k p. c.
102k
48s. Id.
44s. Id.
102
7<1.
101 k
38s. 6d.
43s.
5i3lfld.
9 VI
95,180.000 123.039,000 12:0.109.001 109,511,000
6:> i
0vh i d.
10 qd.
5 VI.
u!
lOd.
o7ad.
received at the Bank of England
yesterday for
was a great success. The
were
j the Queensland 4 per cent loan, which
i applications amounted to as much as £8,925,000, at prices varying from the minimum .of 60S to £102. Tenders at £99 8s. will
receive about 40 per cent of the amount applied for, and those
! above that price in full.
The average price obtained was
i
!
£99 9s. 2d.
The
*
•
-
market rates at the
Bank rate of discount and open
j chief Continental cities now and for the previous three weeks
! have been
as
follows:
May 8.
May. '■ 5.
May 22.
May 29.
Rates of
Interest at
Bank
Open
Bank
Open
Bank
Open
Bank
Open
Rate.
Market
Rate.
Market
Rate.
Market
Rate.
Market
Paris
3
Berlin
4
2%
2%
Amsterdam
3
2%
2H
2H
Brussels
3
2H
| Frankfort
—
Hamburg
—
3
3
2k
2k
3k
2H
2*
2H
3
2H
2H
3
8%
3k
2H
3
2H
3
4
2 9s
4
2~A
2U
2%
2H
—
—
3
3
—
—
3
4
—
.
—
3k
Madrid
5
5
5
5
5
5
5
5
Vienna
4
3k
4
3->s
4
3H
4
m
0
0
0
0
0
0
0
0
4
3k
4
3k
-t.
Petersburg..
Copenhagen.
—
—
—
—-
tlie state of the bullion market during the
In reference to
past week, Messrs. Pixley &
Abell remark
Gold lias been in good.demand both for India
the arrivals which we give below have all been
:
and South America, and
bought for export. The
Rank'has received £52,000 in sovereign from Austi alia. The imports
are £ 11,000 from the West Indies, £3,000 from Chili and £76,000 from
Central America; total, £123.000; while the « xports are £25.000 in
to Bombay per P. & O. steamer and £100,000 in sovereigns
shipped in to-morrow’s North German Lloyd steamer to New York.
Silver—With weaker rates from India, the market, which in the ab¬
sence of supplies was at 50 15-lGd.. fell to 50 13-16d., at which rate the
amount by tlie- “Medway” was yesterday sold, and to-day that by the
The arrivals are £30,000 fiom New York, £20,000
Chilian steamer.
from the West Indies and £46,100 trom Chili; total, £102,100. The
“Khedive” tones £70,100 to Jloml ay.
'
Mexicali Dollars— Aboi.t £170,000 came to hand by the Royal Mail
steamer “Medway,” and realized 49 13-16d.,showing a decline of l-16d.
compared with last price.
The quotations for bullion are reported as follows:
bars
j
Price of Silver.
Price of Gold.
'
Map 29.
d.
s.
Bar gold.
Bar
fine....oz.l
77
9k
Map 29. May 29.
Map 22.
8.
d.
77
9
silver..oz.!
Bar
77 11
doubloons.or,.j 73 9k
8k
73
3k
70
Span,
S.Arn.doubloons.oz.
73
..oz.l 70
gold coin...oz.|
C. S. gold coin.
9k
8k
3'*
silver,contain-
50 13-10
50 15-lfl
■S
5-10
51 3-10
51
j
Cuke silver.
...oz.
54 13-10
54 15-10
j
Mexican dols...oz.
49 13-16
49J*
77 10k '
73
d.
a.
Bar silver.fine..oz.
gold, contain’g
20 dwts.
Ger.
Montreal.
1884.
Ing 5 grs. gold..oz.
Chilian dols
oz.
In the wheat trade, there has been continued dulness, the
payment of inst ilments on new loans has given a little
which have been received from all parts of Europe
accounts
more
firmness to the market for short money, but the
interest charge has been at the rate of only \}/± to
per cent having been of a decidedly favorable character. At the pres¬
In'the discount market an easy tone lias pre¬ ent time a somewhat early harvest is looked forward to, and,
per annum.
in dry seasons, an excellent quality of produce is
vailed, but without leading to any material change in the quo¬ as is usual
tations. The supply of mercantile bills is very moderate, and expected. The arrivals of wheat into the United Kingdom
this week have been rather limited, and the result has been
shows no immediate prospect of increase.
The following are the quotations for money and the interest that the quantity afloat has been somewhat augmented. The
allowed by the discount houses to-day and same day of the supplies actually or almost immediately available are still fully
adequate to our requirements ; in fact, they exceed them. The
previous five weeks:
only policy, therefore, for millers to adopt is to buy from hand
to mouth, and to keep their working stocks at a full working
Interest
allowed
Open market rates.
for deposits bp
point—a course which, it is understood, they have pursued for
Trade Bills.
Bank Bills.
Disc't TPsr
many months past.
London
Only a very quiet trade for wheat can*
Joint
At
to U
:7
Stock
Four
therefore,
be
Six
'
Three
'
anticipated
as long as the weather remains fine
Three [ Four
,
Six
Months'Months Months1 Months Months Months Banks. Call.j Daps.
and the crop reports are propitious.
2 <52k-2k@3
A feature in the trade just now is that the Continent, or
| ~~lkf 1 ! 1*4-1'4
Apr. 25 2 k 1%® —I
I
2 <®2k 2k'«S3 !
Iks
1134-14
May 2, 2k
rather
the "Western part of it, including Germany, is a large
1
lk»
ii'4-iq
9 2k 19£<&
jl^l-h'2 <rt2»4
2 <$2k 2»^3
ltd
<32q 24^,2'i; 2k m i
1& 2'p?>
10 2k
buyer of foreign wheat. The Baltic ports have, for some time
1131-1*4
13d
23 2k; 13^2 j2 <ii.2ks
“ 2H@2.q 2U&VK 2?*@3>4j
\V4-VA past, been re-opened to navigation, and rather considerable
30 2k; IK& ~~'2 0.23s ‘~\q>42)U 2*4-52k S.'fi®2«
p iks
shipments of wheat are being made from St. Petersburg. Ac
The following return shows the present position of the cording to the last weekly return 04,318 chetwerts were sent to
the United'Kingdom (direct ports), and 35,188 chetwerts for
B ink of England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of orders, but to the Continent they were as much as 126,984 diet
werts.
The cause of the-movement is obvious.
The agricult¬
middling upland cotton, of No. 40 mule twist, fair 2d quality,
ural season on the Continent, more especially in the Southern
and the Clearing House return for the past week, compared
districts, is more advanced than it is in the North and in this
with previous years :
The
i
l
(
-
“
—
“
“
" '
_ “
698
THE
country, and supplies
333...2220005431———TTThhheee
CHRONICLE.
in consequence, becoming more and
Owing to the wet autumn of 1882, the crop
of wheat in many parts of the Continent
was smaller than
usual, though better than had been expected under such
adverse circumstances. Assistance is now
required, and more
wheat is now being directed both from American and Russian
ports to the Continent. There has also been more inquiry for
wheat at British ports of call of late than for some time
past.
Prices, however, have not varied considerably in consequence,
but they are rather firm for white sorts..
more
are,
IVOL. XXXVIII.
(Centime vc tal and iritscctUuimis
iXetvs
restricted.
National Banks.—The following national banks
have lately
J
been organized:
Kearney National Bank, Kearney, Neb.
Capital. $loo 000
Luman R. More, President. William C.
Tillsom Cashier ’
Union National Bank of
Cleveland, O. Capital. Si 000 non
M. A. Hanna, President, No cashier:
* ’
First National Bank of Mineral Point, Wis
Capital, $50 000
George W. Cobb, President. William A. Jones,
Cashier. ’
Leominster National Bank.
Leominster, Mass. Capital
-$150,000. Hamilton Mayo. President. A. L.
Burditt,
Queen Anne’s National Bank of C’entrevilie, Md. Cashier*
Capital*
$75,1*00.
Thomas J. Keating, President.
James Wooters*
’
Cashier.
The extent of the sales of
home-grown wheat, barley and
Imports and Exports for the Week.—1The
imports of last
principal markets of England and Wales week,
compared with those of the preceding week, show a
during the first 30 weeks of the season, together with the aver¬ decrease
in both dry goods and
general merchandise. The
age prices realized, compared with previous seasons, is shown total imports were
$7,974,807, against $8,575,103 the pre¬
in the following statement:
ceding week and $8,360,308 two weeks previous. The
exports
for the week ended June 10 amounted to
SALES.
$8,435,075,
against
1883-4.
$5,254,394 last week and $5,797,371 two weeks previous.0 The
188 2-3.
1881-2.
1830-1.
Wheat
qra. 2,342,734
2 0 >6,743
1,651,20
1,407.350
following are the imports at New York for the week
Barley
2,010,321
1,930.722
ending
1,613,020
1,072,785
(for
dry goods) June 5, and for the week ending (for general
Oats
453,960
216,696
207.537
159,833
merchandise) June 0; also totals since the beginning of first
AVERAGE PRICES.
week in January:
1883-1.
1832-3.
1831-2.
1830-1.
oats in the
187
.
>
Wheat......
per
Barley
...'
Oats
qr.
s.
d.
s.
39
O
41
33
21
32 2
19 10
d.
6
7
2
•
ewt.
1883-4.
1882-3.
33,810,210
35,735,800
d.
s.
6
2
2
43
21
Converting quarters of wheat into cwts.
whole kingdom are estimated as under.
Wheat
s.
46
32
d.
FOREIGN IMPORTS AT NEW YORK.
0
For Week.
32 10
21
1
the totals for the
'ry goods
1881-2.
1880-1.
Tiie
Dry goods
$1,593.750
$1,349,039
1883.
1884.
$790,761
6,242,609
$9,307,552
$7,712,118
$7,033,370
$7,971,367
$49,501,122
$61,372,031
$55,5 79,503
$53,157,315
7.713,802
Total
Since Jan. 1.
24,393,550
1882.
(.>,362,479
G n’l mer’dise..
*
23,631.500
1881.
-
.
$1,588,537
6,335,300
following return shows' the extent of the imports of len’l mer’dise.. 141,563,075 165,823,911 145,057,216 145,750,461
cereal produce into the United Kingdom
during the first 39 Total 23 weeks. $191.00 4,197 $227,195,992 $200,026,719 $199,207,776
weeks of the season, the sales of
In our report of the
home-grown wheat the
dry goods trade will be found the im¬
average price of English wheat, the visible supply of ports of dry goods for one week later.
The following is a statement of the
wheat in the United States, and the
exports (exclusive of
quantity of wheat arid
specie)
from the port of New York to foreign ports for the
flour afloat to the United Kingdom,
compared with previous week ending
June 10, 1884, and from January 1 to date:
seasons:
EXPORTS FROM NEW YORK FOR THE
IMPORTS.
1883-81.
cwt. 33,078.405
12.214.796
Wheat
Barley
Oats
Peas
Bdaus
Indian
Flour
1882-83.
43.749,689
10,926,268
1,668,184
2,014,449
1. SO0.419
19.219,335
11,283,751
1880-31.
43,043.179
44.316,603
10,7.-8,963
10,862,10 i
l. 450,252
13,600,276
8,380,063
1.225,309
corn
1381-82.
9,020,431
6,956,292
1,700,89 1
1,343,593
25,752,538
9,928,503
1,352.577
15,433,124
13,132,385
16,420,855
7,085,537
Supplies available for consumption (39 weeks), not including
foreign produce on September 1 :
stocks of
1833-84.
1882 83.
Imports of wheat, cwt.38,078,405
Imports of flour
11,283,751
Bales of home-grown
produce
33,840,210
13,182,385
7,085,587
35,735.300
28,631,500
24,393,550
97,067,874
80,063,690
77,370,207
41s. 6d.
46s. 6d.
43s. 0d.
20,500,000
9,900,000
16,600,000
33,202,360
wheat for season.qrs.
39s. 0 1.
Visible supply of wheat
In the U. S
bush. 19,300,000
Supply of wheat and
flour afloat to United
Kingdom .quarters. 2,118,000
corn
1881-82.
4 4,346.0 >3
1880-31.
Fo
IVtw.
reported..
$8,0 48,531
Wheat
Flour
Exports.
Gold.
Treat Britain
Frauco
2,463,000
2.209,000
Vest Indies
Mexico
South America
All other countries...
Last iced:.
Last year.
1832.
1,949,000
1,903,000
2,115,000
225,000
2,143.000
205,000
415,500
[200,000
corn
215,000
247,000
English
219,000
market
Reports—Per Cable.
The
daily closing quotation for securities, &c., at London,
and for breadstulTs and provisions at
Liverpool, are reported
by cable as follows for the week ending June 13:
London.
Btlver, per oz
d.
Consols for money
Cou3ols for account
Fr’ch rentes (in Paris) fr
U. 8. 4%s of 1891
U. S. 4s of 1907
Canadian Pacific
Chic. Mil. A St. Paul....
Erie, common stock
Illinois Central
Pennsylvania
New York Central
46 %
75%
15%
123
12%
103%
Sat.
Floor (ex. St ate). 100 lb. 11
8
Wheat, No. 1, wh. “
7
Spring, No. 2, n. “
9
Winter, South, n “
Corn, mix., new..
“
“
“
“
“
7
7
7
d.
3
7
4
8
8
9
4
Mon.
s.
11
8
7
9
1 7
7
j 7
I
5
Pork, West. mess.. $ bbl 68
Bacon, long clear
41
Reef, pr. mess, new.** tc 80
Lard, prime West. 18 cwt 41
Cheese. Am. choice
58
100
4%
*>
c
0
6
0
i
Tues.
Thurs.
Wed.
1
501%,. 50i%6
9913,« 10O
1 9913,6 ICO
i
79-32% 79*22% 79-15
,113% 113% ; 11334
122 34
123%
i 12 2 %
4 2 34
46%
45 %
75 %
74%
7234
14%
14%
14/%
120
122%
12034
56
55%
54%
12 3a
11%
12%
X 1 04%
106%
106%
11334
123%
s.
50%
9934
ICO
79-25
Liverpool.
Cal.. No. 2
Corn, mix., old.
!
5078
99%
56 %
Philadelphia A Reading
Winter, West., n
Cal., No. 1
| Mon.
Sat.
d.
3
7
4
H
8
9
4
Toes.
8.
11
d.
3
s
7
7
G
%
5
0
5
0
5
i 63
: IL
SO
0
68
0
68
6
41
80
i 41
; 53
6
0
6
41
80
11
5 5
41
57
0
6
0
0
(
50%
991116
99%
122 34
44 %
72 34
1434
121
54%
12%
lo 1%
Thurs.
7
7
d.
3
7
G
8
8
10
/
0
s.
11
3
8 7
7
6
9 8
7
8
7 10
7 ft
9
.8
7
S
7 10
5
7
50%
113%
d.
s.
Fri.
99H16
79-15
Wed.
11
8
7
9
99%
79-17%
113%
122%
44
72 %
11%
121%
5 1 %
12%
104:%
Fri.
8.
1L
8
7
d.
3
7
6
8
3
7 19
9
7
/
0
1
5
0
6
0
9
0
0
68
5%
0
416
*•0 0
$3,435,075123,419,197
Since Jan. 1.
$
$26,462,008
Total 1883
Total 1882
.5
G
j 68
0
6
1 10
130
419! 41
51
1- 54 6
0
6
6
Silver.
Great Britain
France
German.
Vest In.lies
Mexico
South America
All other countries...
Total 1884
Total 1883
Total 1882
Week.
Since Jun. 1.
$
4,352,82 4
1,0^8, *20
3,850,045
486,6 >0
1.139.451
1,200
235,632
514,93 4
4,400
102,920
-
Tefal 1884
Imports.
Week.
25,000
:
223,000
$5,933,727
151,156,482
9,928,568
.
Germany
2,386,000
1884.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
43.043,179
At present.
qrs.
$5,30?, 176
135,064,675
162,261,961
1883.
$140,367,151 $157,115,209 $131.S54,272
The following table shows the
exports and impends of specie
at the port of New York for the week
ending June 7, and
since January 1, 1884, and for the
corresponding
periods in
1883 and 1882:
following
plies not being included
1882.
WEEK.
Total 23 weeks. $170,310,542
are the quantities of wheat, flour and Indian
estimated to be afloat to the United Kingdom, Baltic
sup¬
Indian
the week...
,
Total
Av’gc price of English
The
43,749.089
1881.
*'
2,3S0,9-46
709,358
$25,000 $37,543,085
650
$492,250
15,593
$3,859,619
549,781
2,274,150
26,127,1 OS
20.483
$222.6*'O
$5,216,103
16,600
$
436, ‘HO
79,766
32,148
•
7,4*48
•
•
•
•
$6,093,293
6,239,591
$50,785
$1,775,296
16.20 4
5,243.893
45,183
1,971,789
1,257,569
*'317
43.990
83,990
252,301 (
$1,053
37.052
267,772
1,305.134
82,111
22,109
20
■
99.823
,184
< i
/
4 4.602
4,735
12,839
$252,039
4,
Of the above imports for the week in
1884, $2,600 were
American gold coin and $3,202 American silver coin. Of the
exports during the sametime $10,000 were American gold coin.
—The attention of Chronicle readers, and
particularly of
parties having money to invest, is directed to the advertise¬
ment of real estate mortgages on Western farm
property nego¬
tiated by Messrs. Jarvis, Conklin & Co., of Kansas
City, Mo.
This
firm, located at one of the principal cities west of the
Mississippi River, has had some years experience in this class
of business, and lias invested
large amounts of money for
parties at the East, as they state, without- the loss of a single
dollar to their customers.
Among other parties for whom
they have placed money is the Mutual Benefit Life Insurance
Company of Newark, whose officers can speak favorably of
their transactions.
Auction Sales.—The following, seldom or never sold at the
Stock Exchange, were sold at auction this week
by Messrs.
Adrian H. Muller & Son:
Shares.
7*) Manhattan
Company
100 Merchants’ In*. Co..
110 North River Bank
10 Jersey City Ins. Co
SJiarcs.
150
104*2
125
101
Greenville
Gas-Light C>*
$’. 1 50 p. a.
33 Republic Fire Ins. Co. .$13
p. a.
25 Metropolitan Trust Co..
117%
05 New York Gas-Light Co. 152
%
25 Bayonne
50
'&
Coney Isl’nd J< ckey Club. 119
50
Christopher A 10th S:reet
RR. Co
20 Am. Bank Note Co..$26
Bouts.
121
50 p. 8.
$5,000 Detroit Mackinac &
Marquette RR. Co. 1st.. 50
$7,000 Lehigh A Wilksb. Coal
Co. c> nsol. mort, 7s
92%
$2,000 Hudson County, N. J.,
7s, duo 1885
100%
n
i v
i
d E n
Prime bankers’ sterling bills on
Prime commercial
Documentary commercial
Paris (francs')
n $.
dividends liave recently been announced
Per
Cent.
Same of Company.
Payaoie.
Prankfort
(Days inclusive.)
0
rune 17 to
lime 15 to
June 15 to
4
4
July
July
July
July
15
1c
1
15
3
July-
1^4
July
1
15 June 21
2
■WnrtllPlT C *T)tva1
or
4 S3
5
Bremen (reichraarks)
*16 ”3
40*2
95*2
40*4
9478
United States Bonds.—Government bonds .have been weak
Railroads.'
Leliigh Valley (qnar.)
New York Central (<iuar.)
New York & Harlem
4 86
4 83*2
4 82*2
5 IS3.3
London
Amsterdam (guilders)
Books Closed.
TT/ien
Sixty Pays Demand.
June 13.
^tie jankers' (gazette.
The following
699
THE CHRONICLE
1884.]
June 14,
and lower this week.
July 1
Large lots
are
being pressed
upon
the
market, and the demand is limited at the moment.
The closing prices at the N. Y. Board have been as follows:
Miscellaneous.
Commercial Telegram Co. pref.. .
Western Union Tel. Co. (quar.). ..
NEW
YORK,
FRIDAY,
JUNE
to
July
13, 1SS4-6 P. M.
The Money Market and Financial Situation.—The gen¬
eral financial situation lias shown additional improvement this
week from several points of view. There have been no fur¬
ther bank troubles of any significance in any part of the
country. The currency which was largely drawn by the
country and interior banks
from their city correspondents
during the uneasy feeling which prevailed two weeks ago has
been rapidly coming back to New York, and in Chicago
and St. Louis New York exchange has ranged from 25 to 75
cents per
$1,000 premium.
The general reports of private in¬
dividuals and of business firms in regard to the prospect for
the grain crops have this week also corroborated the very
favorable Government report of the high condition of the
growing wheat and other small grain crops. We note, besides,
exports of nearly 8% million dollars in value from the port of
New York for the week ended last Tuesday,—larger than for a
long time past, the increase over the same week last year
being nearly 214 million dollars.
The only event of the last week which might be considered
as
Interest June
Periods.
7.
i
unfavorable to the general business situation was the plac¬
ing of the New York West Shore & Buffalo Railroad in the
hands of a receiver on behalf of the first mortgage bondhold¬
ers.
The net earnings of the road are estimated to be averag¬
about
ing
$1,000,000 per annum, which would leave a deficiency
of $1,500,000 of the amount required for the first mortgage
interest.
The receivership, however, has long been foreseen
as inevitable, and the event had no special effect in any direc¬
tion.
The disquieting reports mentioned last week in connec¬
tion with the Louisville & Nashville have not developed into
anything more definite, and though the directory of the road
is known to be inharmonious, the only outcome of that has
been the resignation of President Rogers and the election of
Mr. M. H. Smith (formerly Vice-President) in his stead.
The New York money market has continued dull.
The
decline in railway stocks and bonds has caused all money lend¬
ers to adopt an extremely conservative policy, and yet on sat¬
isfactory collaterals, money has been very cheap. Call loans
on such collaterals have ranged at 1 Yz to 4 per cent per annum.
Time loans on dividend stocks have been offered for four and
4**s, 1891
reg.
4*28,1891
ooup.
4s, 1907
reg.
is, 1907
conn.
3s, option U. 8—reg.
6 i, our’ey, ’95
reg.
61, our’ey, ’96
reg.
63, our’ey, ’97—reg.
0 3,cur’cy, ’98...,reg.
6s,our’ey. ’99.. .reg.
—
—
*
This is the price
June
9.
June
12.
Ju ne
11.
June
10.
June
13.
*110% 1105s *110*2 *110*2 *110*2
Q.-Mar. Ul
*110*2 110*2 110 *2 *110*2
Q.-Mar. *111*8 *111
*
Q.-Jan.
119
120
Q.-Feb.
*100*4
Q.-Jan.
J.
J.
J.
J.
J.
&
&
&
&
<fe
J.
J.
J.
J.
J.
*123
*125
*127
*129
*131
118-8 *118% *113% *118%
120
*119%, *115% *119% lllYs
*
100*4 100*2 100*8 *10<0*8 *10038
*119*8
*123
*125
*127
*129
*131
*123
*125
*127
*129
*131
*123
*125
*127
*’29
*131
*123
*125
*127
*129
*131
*123
*125
*127
*129
*131
bid at the morning board; no sale was made.
U. S. Sub-Treasury.—The
following table shows the receipts
in this city, as well as the
of the past week :
and payments at the Sub-Treasury
balances in the same, for each day
Balance s.
Date.
Payments.
jReceipts.
$
$
1,031,099 40
769,079 03
1,521.058 81
988,870 78
1.653,635 76
*1,752.334 31
1,447,732 96
1,689,491 32
6.410,318 64
9,053.124 47
1.042,501 01
1,241,506 27
1,513.574 44
June 7..
“
9..
“
10..
11..
12..
“
“
“
*
812,554 89
13..
Total
...
Includes
State
Coin.
•
Currency.
$
127.821.901
127,933.092
127,072,597
120,909,597
56
97
12
46
126,013.166 19
125,597,735 11
$
9.660,858 07
9,801.702 15
9,922.736 63
9,745.956 89
9,625,754 60
9,727,833 06
$250,000 gold certilicates taken out oi cash.
and Railroad Bonds.—The volume of business in
railroad bonds during the last week has been very irregular.
This irregularity was presumably due to the uncertainty of
dealers and investors as to the probable course of the market.
The general tendency of prices lias been towards lower figures,
and the declines in some cases are very large.
The various
defaults on interest during the last few weeks, together with
the low rates of freights and diminished net earnings of some
leading railroads, have had a depressing effect upon all railroad
bonds, but more especially on those of the non-dividend pay¬
ing properties. The most important fluctuations have been ,
Atlantic & Pacific firsts at 75, 85, 67; do. incomes at 10, 11, 7:
8; Burlington & Quincy debenture 5s at 93, 92; Chesapeake &
Ohio firsts, series “B,v at 96, 96*4, 91, 92; do. currency 6s at 37.
37*4, 31*4, 32; Central Pacific gold bonds at 114. 113: Denver
six months at 6 per cent per annum.
Mercantile discounts & Rio Grande first consols at 50*4, 50*4, 46, 48: Denver A Rio
have remained dull and unchanged at 5% and 6 per cent for Grande Western firsts at 33, 30, 31*4; East Tennessee 5s at 50,
two and four months on endorsed paper and 6 and 6*4 on 55,
50*4, 55*4; do. incomes at 14, 17; Erie second consols at
single names.
575g, 53, 55*4, 55; Fort Worth & Denver City firsts at 59, 55,
The last statement of the averages of the NewT York banks 57, 45; Missouri Kansas & Texas consols at 104*4, 104*^v
showed
the large contraction of $7,040,300 in the loans 102; do. general mortgage 6s
at 67, 67*3, ’65; Kansas
and the decrease of $5,038,100 in the deposits. The contraction Pacific consols at 77, 70, 72, 71; do. first 6s of 1896 at 105. 103;
of loans was undoubtedly made in pursuance of the great de¬ do. Denver Division firsts
at 105*4, 101; Louisville &
sire of the banks to cancel their Clearing House certificates.
Nashville
general mortgage 6s at 82, 78, 79; Lake
The total amount of these in actual use on Friday the 13th by Shore seconds
at 119, 118; Northern Pacific firsts at 104,
the New York banks was about $11,000,000. Besides these there
101:?4, 102*4; New York Chicago & St. Louis firsts at 90*4, 98,
were also a little less than $6,000,000 more which had been taken
96, 96*4;
Orleans & Pacific 6’s at 60,56; Ohio Central
out by banks but never used, thus making a total of about
firsts at 50, 45*4, 50: Rome Watertown & Ogdensburg 5's at
$17,000,000 still in existence, and showing that the banks have 6914, TO, 67, 67*4; Oregon Short Line 6*s at 82*4, 84, 70, s60, 75;
returned $7,000,000 of the $24,000,000 originally issued.
Oregon & Trans-Continental firsts at 72, 69•'*4; Texas & Pacific
The weekly statement of the Bank of England on Thursday land grant incomes at 41, 39, 39:i4: do. Rio Grande Division
exhibited the large gain of £1,400,000 in bullion. The percent¬ firsts at 49*4, 42, 44; Union Pacific firsts at 1125s, 114,
age of reserve was increased to 46; <{ per cent, from 46-i4' per 112y4: (1°* sinking funds at 108,106: Missouri Pacific first con¬
last week.
cent
The Bank rate of discount remained un¬ sols at 98. 98*4- 96, 97*4: Oregon Improvement firsts at 62,
changed at 2*4 pe*~ cent. The weekly statement of the Ban
63*4, 59; West Shore S: Buffalo 5sat dO;^,41*4, 39, 41U, 41*4.
of France showed a loss of
717,000 francs in gold and
There has been a very limited demand for State issues, but
1,517,000 francs in silver. The report of the Bank of Germany prices have ruled firm throughout. Sales include Alabama
showed a gain of 742,000 marks.
Class “A" at 81*4, Tennessee 6s at 38*4, do. new at 3814 and
The following table shows the changes from the previous do. old at
week and a comparison with the two preceding years in the
Railroad and Miscellaneous Stocks.—The stock market
averages of the New* York Clearing House banks.
was
1834.
Jane 7.
Loans and dis.
Specie
Circulation
Net
..
deposits..
Legal tenders.
Legal reserve
Reserve held.
Differ'nces fr'm
Previous
liceAr.j
$302,608,50/ Dec $7,010,300
40,187,600 hie.
202,000
OoO
14,372,200 Dee.
Dee.
5,039,100
283,3*23.200
25,981.700 Inc. 1,855,600
$70,830,800 Dee $1,259,525
72,172,300 Inc. 2,057,600
1883.
June 9.
1332.
June 10.
$321,136,000 $318,427,500
54.374,90 )
61,550,90t
13,592,100
15,911.80/
315.290,900
26,341,000
300,635.9' 0
$78,822,725
87,891,900
$75,158,975
25,919,400
80,294.300
depressed during all the early part of the week, ju ices
a decline each day from Monday until Wednesday
The only special feature was the aj)j)ointment of
showing
evening.
receivers for the West Shore road,
but outside of this
was
the
general influence of the various defaults on interest and the
decrease in net earnings by many roads, which affected the
stock market in the same way as these facts affected the prices
of speculative bonds.
Mr. Gould, however, has sustained
his
particular specialties—Missouri Pacific and Western
Union—and
in
the
last
two
days
the
prices
of
$1,341,50o!Inc .$3,317.125 $9,069,175
these (especially Missouri Pacific) have been marked up in
Exchange.—The market for sterling has been dull during order to make the shorts cover. This had some effect to cause
the week, but with a stronger tone throughout, which re¬ a recovery in all ju’ices and the declines of the early part of the
sulted in an advance on Friday, the 13th, of *4 cent per £ on week have been to some extent recovered. The net result,
the posted rates to 4 86 and 4 88.
The rates for actual business however, shows only about three stocks higher at the close on
on Friday were quoted as follows, viz. :
Sixty days, 4 84*4 @ Friday than a week previous, viz.: Missouri Pacific, 75g; New
4 85; demand, 4 86^4<o)4 87;- cables, 4 87*4*
Commercial bills York Central, 1; Western Union, %; most other stocks are
have continued comparatively scarce, notwithstanding the from *£ to 6 points lower.
Union Pacific has been one of the
increase in the exports from the port of New York alluded to weakest stocks on the list, on rej>orts of an unfavorable state¬
ment from Washington.
above. The rates on Friday were 4 83@4 83*4.
The Granger stocks—Milwaukee &
Quotations tor foreign exchange are as follows, the prices St. Paul and Minneapolis & Manitoba particularly—have also
been quite heavy,
being the posted rates of leading bankers:
Surplus
$5,135,325
THE CHRONICLE.
700
{vol. xxxvm.
NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING JUNE 13,
HIGHEST
AND
PRICES.
LOWEST
AND SINCE JAN. 3, 1884..
j Sales of
I Tuesday,
Monday,
Juno
!
9.
Friday,
Wednesday,' Thursday,
June 10.
June 11.
—
(Shares).!
June 13.
June 12.
■
For Full
Vear 1883.
Range Since .Tan. 1,1884.
the Week'
STOCKS.
Lowest.
Highest.
Low.
High
RAILROADS.
i
Albany A Susquehanna...
Boston & N. V. Air-Line, pref
Burlington Ced. Rapids & No
81%
:
Canadian Paciiic
Cauada Southern
Cedar Falls A Minnesota
Central of New Jersey
Central Pacific
44%
45
4478
44%
437e
37%
37*2
37 %
37 *2
35 *4
58%
42%
5 9 *4
48
Chesapeake & Ohio
*7*2
9'2
Ho
Do
1st
*14
*9
129
pref...
2d prof....
Chicago & Alton
Chicago Burlington A Quincy
Chicago Milwaukee & St. Paul
129
Do
prof
Chicago Rock Island*. Pacific
Chicago St. Louis A Pittsburg
42%
42:q
*7
*14
89
"22
*67%
29
...
41
41V
7% '
7%
7
10
88%
39
39
27%
88
38
135
27%
88%
6
*5
14
8
8
87%
24
27
88
38 %
135
38
38
99% 10134
9% 10
*4
4%
*634
7%
*80
4
6%
11
10
8334
84%'
’8
*122
I
j
;
01
41 %
0 *2'
10
10
125
1
!
.
103% 104 | 104 104
t94% 98 V! 94% 90
125% 126%!*123
120
109% 110%’
108
'8
*20
20 %
8734
”8%
*20
27%
88%
9341
23%'
28%!
88 V
*37
39
38
135
90%
9%
*334
98%
10
4%
6
6
5
5
194
iio
33
117
117%
iis
*80
*10
10
83
12
10
84
83V
.
*25
j
%l
116
10%
*i6%!
*>9
10
*80
10
*9
81V
83%
68 %
28%
26%
i
817g
32
117
83
10
10
83
117% 117 %'
28%
58%
5834
57%
58%' *57
58%
90%
90
90
90
90
90
20%
26%
90
*57
26%
60’41
05%
00
05%
83
S3
10%
60
!
11
*18
15 V
12
22
15%
11
22
15%
87
9%
80%
87%
9%
*8
120
*37
126
10
*19
120
12%
*115
125
120
87
87 %
87 %
'"86
1-1 '2
LI % 15 %
14%;
31 %
31 %
11
11
10
10
182
1S2
9%
9%
9%
9%
:; %
4 '2
5
4%
12
'*9
r
......
Norfolk * Western
.....
’
21V
48%
>
•
Ohio Central—
30
.30*
21
21
49 V
2 %
2 1 %
49 V
47
2%
*2
7e
120
10%
0
12
120
*86
0
12%
Oregon Short Line
Oregon & Trans-Continontal.
Peoria Decatur* Evansville.
Philadelphia * Reading
Pittsbure Ft. Wayne * Chic.
Rich.ar Allegli., st’k trust ctf’s
'
19%
10%
14
85 %
15
80
i
<9%
;
85%
14
120
124
s’
*37
39%;
102 % 103% 103%
*0
6%
5%
*
1134
TLV
120
^8
10
13
j *11%
125
*120
*85
*85
13%
14:it
13%
14
10
10
10
10
13%
9v
’
'
"*9 % '9%
4
r>
9%
'
10
610
500
81,768
27%
29%
114,925
57
57
*90
*56
93
2,708
1,268
1,800
2*831
G8
20%
47
‘J
20
%
20
•1 <> '*8
9%
......
......
180
9
180
4
*1%
19%
V
46%
2 %,
19%
20
28
28
20
20%'
41%
46%
.
>
%
9
*3%
3
*8%
9%:
*•
28
20%
y4 a :i4
!
1 a.
4
.1
29
2u%
4 )%
>>
_
*9%
24 %
la.
*1*4**
13 V
*9%
23 -
24%
'*1*2% -"13%
10 %
24
132
10
23 %
*9%
22%
12%
9 %
22%
A
12%
11 %
12V
12
12 %
10
9%
22%
9%
•9
9%
23%
23%
137:
200
100
635
20
1,3 7 0
150
84%
75
48%
86
65%
May 26
71%
17%
12
Jan. 18 I 10
90 Jan. 11 j 68%
61
67% Jan. 10
15
28
Jan.
2
Feb. 11
90
88
13
23
2M%
1434
27
35%
128
137%
11534 129%
91% 108%
115
122%
115% 140%
26 149% Fob. 12
134
157
26;12634 Feb. 11 116% 127%
13 13% Jan. 5 10% 22
15j 35 Jan. 11 33
67%
16 34% Jan. 3 30
55
14! 96% Feb. 11 91 113%
14 i 69% Mar. 14 54
84
Mar.
Mar. 18 190
12;200
Apr. 171 51
40
Jan. 22; 59% June 7j
82
Jan. 21! 93% Apr. 7
42
Jan. 23! 59% Mar. 17
12 % May 10
24
Mar. 18
25
May 21, 40 Jan. Hi
87
May 17 105
Apr. 15'
64
May 14 94% Mar. 4
10
Feb. 11; 10
Jan.
71
32% May 20
44
18%
36%
23%
:
10
31
9
170
June,
ti
200
50
124
77
82%
148
84%
35%
33%
92% 114%
58
86%
40% 58%
17%
13 %!
30
68
38
80
38
90
53
12%
30%
53%
32
76
77
55
95%
100%
10
35
Apr. 10
Jan. 7
Fob. 11
Jan. 5
18
,|au.
f,
18,806
20
23.500:
20
3 !
4r
72 ! 83
17 %! 52%
1H169
183
71* Mar.
17% Apr.
May 16
15 194
7% May 14' 16%
3% May 27
6
10
May 17 1814
!. 10
Jan. 29
11
450
28
J une 12
42
4,635
18% Jan. 26 27
55, (43
40% Jan. 23 57"
950
■; 1
1 % June 12
200. 14 % May 14 25%
■■:
June 12
Jan. 1 1
9
24
10% May 14
9
MaVlf
34
May
711
an.
Feb. 28
Feb. 36
Feb. 25
Feb. 15!
Jan.
7
Jan.
7;
Jan.
7
*
*6*
*■
19
*25
*70
*LS%
38
81
......
(>V
21
50
<sr>
20
39
81-
...
.
.
.
.
*80
*17
18%
*36
38
*80%
'
88 %
89
*18
31
*80 %
13%
53
53
6 %
.
_
*10
12%
97
97 %
*>*>
17
38
37
•
41
101
*3 %
*22
60V
*128
4%
24
62 %
*92
*47
131
95
50
*102
110
87 '2
88
86 %
87
10
l6"
6
13
6
12%
12%
52
52
51
44
44
12%
10
10
97
93%
95%'
9%
91%
**15** *15*
72% 72 %l
71 %
52
40
10%
97
74
42
41
101 % 101 %
;>
*3 %
*22
24
60% 6 L %
11 %
42 V
6
40
%
100
39%
100
99
*3%
23
59 %
23
60%
*22
58%
131
95
*127
131
130
95 >2 95%; *92
50
1 49
49%
9% ‘47
*103
110
109% 109%'
.
Chicago * Alton, pref.
'
-36
80%
22
38
i
80%
70%
88%
:
10%
10%
9%
42%
6
37 V
*6
.3 3%
13V
6%
13%
50
50
51
9%
93
;
41
i
100 |
4 %‘
42
Mar. 19,
Mar. 22
i?> !
71
20
7%
16
19
38
86 %'
I
360
510
17
June
34
478.
70
May 26 i f»0
May 15! 90% Apr. 10;
......
68
580
175
500
8
6,512
70%
39 %
98%
*3%
71
70%
39%
71%
41%;
120
915
9.930
59%
49
110
50
38
94%
58%
99 % 100
i
*3 %
4%
23
*20
1
3,018
6LV1
140,162
69%
127% 127%%120
93
93% 95
*47'
*103
50
48%
110
50
68
1%
50
68
......
9
*6
......
131
93
!
48%:
103
109
142
142
,
'*40*6
20
150
250
18
10
8
**i‘o*6
66
142
••••••
These are the prices bid and a^ked
9
9
80
250
49
38
sale was mado at tlio Board.
9
Feb.
50
Mar. 180
Mar. 18 j
May 16
85
103
80
20%; '36%
40
59%
87
9j» 33
100%
i 40%
i 97%
1169%
90
94
May 24
22% Feb. 11!
22% 27%
17%! 43
84% Feb. 16;
19% Jan. 7'
70%'104%
15 j 36%
j 32
5j! 29%' 57%
Jan.
01 •% Jan.
Apr.
57
8
;
69%
Hi! 118% 140%
17% Mar. 171 14 j 39%
114
Feb. 11; 102%;112%
25
17% Jan. 10i 15
122% Jan. 7 170
Feb. 9;
12
May 24 65% Jan. 7\
70
Apr. 25 112 Jail. 28
31
90
4
23
49
I 34
Jan. 26 !
Jan.
7
90
99
11
June 13“'
127%
Mav 16
56% Mar.
Jan.
May 24 117
,125
55
56
90
,
17!i 28
1
“
6% Feb. 11
32% Feb. of
May 14
78% Feb. 16.
91%
150
44%
112'4 134
9%
7
June 6
June 10
J 30
'46%
| 71%; 88%
127% June 12 137
88
45
98
142
33
1
50
67
137
45
142
Apr. 240126% 135
May 26,102
Mar. 20 | 88 '. 94%
May 171 61% Feb. 7i 55% 65%
May 261115
Feb. 13 1113 !128
80% Jan.
June 13 152
78%
71
Feb. 10 140
Feb. 111 ! 31
O
Jan. 17 1
1 %
Jan. 21
50
Jan. 21; | 50
Mar. lo!
1 1
May 21 82
Mar. 4 i 138
Apr. 12 145
May 15 90 Jan. 9 [ 96
Feb.
146% Apr. IS. 139 %
92% May 3 93
Feb li:
Feb. 11
Feb. 14
192% Jan.
121
May
9
June
7% Apr.
Feb.
29% Jan.
no
27
May 22, 32% Jan.
.Tune
7% Juno 13
88% May 23
10
May 1G
264
;
111
4,500 j 79% May 16
: 10
May 24
10%' 17,079 1 9% May 14
39% j 338,163 ! 35% May 22
6%;
550 i
5% May 14
13%'
9
1,320
.M ay 20
92%
23
1
130
86%'
Rensselaer & Saratoga
Texas * New Orleans
United Companies of N. J
Warren
New’ Central Coal
Pennsylvania Co.il
Spring Mountain Coal
75%June 13: 96
o*>
92%
39%
39
23
May 16; :,2 Feb. 15 21
47eJuno 13 l0%Feb. 4'j 14
Mar. 21U 15
19% Jan. 7; 24
j 20% May 23 50 Mar. 17 j 35
3 00
91%
59%
i
*12%
1
16 ! 16
75%
70%
OS
......
|
32
89
28
.Imie
7,90o I
9
1%
Danbury & Norwalk
Dubuque & Sioux City
Joliet* Chicago
Ohio * Mississippi, pref
„
9
25
130
9%
37
'6
50
38
99
4 %
23
95
^6
10
::::::
Columbia * Greenville,pref..
Colnmbns Chic. * Ind. Cent.
75 %
*17
*36
86 %
5%
....
4
INACTIVE STOCKS.
Atchison Topexa * Santa Fe.
*17
80%
40%
40
*128
*92
17
38
44%
52
74
71
42
101
20
......
Tiv1
46%
6 %
13V
*13** *1*3**
74
4%
18
49%
17
Feb. 4
2
60% Feb. 2«- 46%' 61%
May 15.135
Apr. 14i jl29 %; 138
2% May 211
15%
5
Jan. 116
4
72
39 June 12; 01
Feb. 141 47
22
127
_
44%
6 %
13%
•
”5%
SO
88%
*1*2% **ii*% *12%
46%
6 %
13 %
5%
u%
......
*
1*2 V
41%
”
6
50
85
*25
.....
-so”
89
5%
.
200
”
*(i ’'*
6
......
39
21%
53%
49%' 90%
2
! 14%
21
! 36%
14%
Mar. 17:
% J an.
15V ‘29%
4%; 8<%
14
1
10 I
32
1
23 %
'
..
40
40
MISCELLANEOUS.
n
15
24%
J- •
......
...
'
;
150
o
14 %
10
135
48%
June 10
10% 30%
17% May 22
33
68%
14% 14%
14%
11 % May 14
8,922
19% 34%
89
88% 92 %! 144 23 4
63% May 20 95
86
11
Feb.
106%
*8
9
'
----•!
8
May 24! 13% Mar.24
10
19%
120
*120 124
,000 120 June 12 127
Jan. 29; 120
129%
i *37
!
38
May 20 r»S
Mar. 14
50% J4%
104% 104% 106%;
83,032 1102% June 11 122
Mar. 13! T 11% 129%
875 ;
5%
(i
5% May 14, 10%'Feb. 15
7 - 15%
13 1 *12
13 i
46 )i
9
May 14 20% Feb. 14j| 13%| 35
125
j 118 130
600 '118
June 13 130
June 13 ! 90 j 105
87
! *85
86 :
42 ! 8 4
May 2 4 91. % Apr. 12 j I 83 %! 89 %
14 %!
14
11%:
36,93a
13%Mav 9 28 % Jan.
5 ! 26% 40%
i
10%;
r
20%
1-6 %
10;
Jan. 18
Jan. 4
May 24| 140
Feb. 13
80%.Tune 2 86
Mar. 6
10
May 241 20% Jan. 5
9
May 15! 19% Jan. 7
81
May 16 104% Mar. 4
62
May 24 78% Mar. 15
25% June 5, 51% Mar. 4 „
14% May 15 35 Jan. 4|
*
14
Richmond * Danville
Richmond* West P’tTeriuM
Rochester & Pittsburg
Rome Watertown & Ogdensb
8t. Louis Alton * Terre Haute
Maryland Coal
,
6,435 115
84%
10 34
10%
12
"
June 12
40
82%
68
......
J
*3
*9
13
1,720 j 122 May
7,317 10734 May
8
May
20
May
2,235 j 24% May
6,045 : 81
May
970 j 34
May
9
92
*05
G ^2
6%
’
i
102% 104%
20 %
Mississippi
Ohio Southern
i
15%
8u%1
9%;
8
'
’*30*’ *30*
Do
pref
Northern Pacific
Do
pref
10
22
15%
84%
tl22
103% 101%
0%
6%
12%
10
Jan.
17
Jan.
7
125
June 13 140% Feb.
5
10,671 108
May24!l2734 Feb. 16
218,820! 65 May 14! 94% fan. 3
2,262 ; 100
May 14 119
j<eb. 16
77,706; 92% May 20 124 leb. 12
9
k
93
95
65%
;
*57%
60
342
*■
59
*57%
405
Jan. 30 T27
Mar. 13.1 78
May 14. 57%Feb.ll!; 47%
May 22
4,775 ,49
May 24
10,083 j 34 • May 14
830 !
6% Juno 13 j
192
...
59
60
j 35
1 8
120
2634
128
May 16 135
80% Mar..27! 83%
60
May 1 so
40
May 13 68%
292 I 132
June 5!l41
Apr. 1 124% 142
394,988 j 90% May 261133% Mar. 1 111% 131%
7.430 j
9% June 10. 25% Jan. 3
21% 51%
1,300 I
3% May 14
8% Feb. 15
4% 11%
1,100 j
6
June 12! 14% Feb. 15
11% 23
37
45
May 2; 51 Jan. 7
75
400 !
4
5
May 8;
8% Feb. 8
10%
220
5
5V
27%
120
Do
pref
New York A New England...
New York Now Haven* Hart
New York Ontario & Western
New York Susq. & Western..
Do
pref
Wells, Fargo * Co
,
26%
*86^
3934 39'%
103% 100%
0%
0%
12% 12%
prel
American
United States
120
___
30%
*57
95
71
*19%
15%
84%
.
pref
*12
*7
12.1
7,700
4,055
----
.
Do
0%
10%
2034
90%
90
60
12
prof
Western Union Telegraph
EXPRESS.
▲dams
40%
7%j
13%
7*8
*8
120
57
4334
3014
—
Missouri Kansas & Tex s...
Missouri Paciiic
Mobile & Ohio
Morris * Essex
Nashville Chattanooga & St.L
New’ York Central & Hudson
New York Chic. A St. Louis
Pacific Mail.
Pullman Palace Car Co
Quicksilver Mining
’
4
0 %
194
08 %
.59%
06%
Milwaukee L. Sli. & Western
Do
pref
*5
5%
196% 196%
|
85
11
10
31%
*80
New York & Texas Land Co.
Oregon Improvement Co
Oregon Railway * Xav.Co...
!
3514
50
4 1 5}
5412
39’«*
13
97% 100
9%
9%
*
II8341
118%
26%
Memphis & Charleston
Metropolitan Elevated
Michigan Central
j
35
*25
Manhattan Beach Co
American Tel. * Cable Co
Rankers’ * Merchants’ Tel...
Colorado Coal A Iron
Delaware * ! Iudson Canal...
Mutual Union Telegraph
.
14
20%
70
57
90
*58
common
Do
pref
8t. Louis & San Francisco
Do
pref
1st pref
Do
St. Paul & Duluth
Do
pref
St. Paul Minueup.A Manitoba
South Carolina
Texas & Paciiic
Unio Pacific
Wabash St. Louis A Pacific..
Do
pref
50
43
42V
30
1
’
Louisville & Nashville
Louisville New Albany & Chic
Manhattan Elevated
Do
1st pref.
Ohio*
1
55
*22
2734
89
101% 103%: 101% 102%
10% 11 1
10% 10%
35}
3 341
378
3%
*6%
7 i
0%
078
Long Island
New York Elevated
New York Lack. & Western.
42
24
27%
89%
39 %!
39%
....
Do
!
58
4214
35 *2
11414114%! 113 114 i 111%113% 110% 112%! 111% 113
72% 74 j 70% 72%
09'4 71 ; 0834 70%! 09% 71
24
28%
Denver A Rio Grande
East Tennessee Ya. A Ga—
Do
pref
32
Evansville A Terre Haute
*5"
534
Green Bay Winona & St. Paul
195
195
Harlem
*25
35
Houston A Texas Central
118
118%
Illinois Central
Do
leased lino 4 p.c
11% 11%
Indiana Bloomiugt’n & West’ll|
10
10
Lake Erie* Western
85%
83%
Lake Shore
Do
4314
35 %
*8 ig
i
10V
*812
128i2l28i2*127
130 t
I
28%*
*22
prof.
Minneapolis & St. Louis
50 %
41
7b
14
i
10
10
i‘J
41
35%
112,
100
‘
Chicago St. Paul Minn. & Ora
Do
pref
Cleveland Col. Cinn. A Inu..
Cleveland & Pittsburg, guar
Delaware Lackawanna* West
Do
69
82
00
73
74%'
I09i2l09i2*108
110 1107
109 1104
100%
99% 100%
99% 100%! 9734 99%
97% 98%
130% 130% 128% 128%' 128% 128% 127
128%
112% 108% 111%
112% 113%' 112% 112% 112
*8%
*8% 10 |
*8%
934
934;
Chicago A Northwestern
Do
10%
11434 115%'
pref
Do
10
58 *2
4434
37 i
!
00
82
81*2
t Lower price is ex-dividend.
33
!
150
G8%
7%
70%
92
138
112%
1 i5%
8 193% Mar 21! ■187% 197**
118
1 122% M ar. 2 9 '118
17
9
15
10
Feb. 21
14
9
14 10% Jan. 31
280%
19 264
Feb. 19 260
‘.’9 % 30%
2 51
A] r. 30
THE
JUNB 14 1884.
CHRONICLE.
STATE:
BONDS.
Ask. :'
SECURITIES.
SECURITIES.
i
! Missouri— 6s, 1886
6a, due 1889 or 1890....
.1 Asyl’m or Univ.. due’92
j
!
.
.H
Consol. 4s, 1910
;
Funding. 1894-95
(5 s, 1919
Ohio
South Carolina—
Hannibal it St. Jo., ’86.
New York—Os, reg., 1887
.'!
6s, loan, 1891
.6s, loan, 1892
'
6 s, loan, 1898
.IN. Carolina—6s, old; J.it.T.
.
78,1886
7s, gold. 1890
*
.
...i
Funding act. 1866-1868
IllILRO V D
Bid.
SECURITIES.
Ask.
Prices.)
(Stock Exchange
j
Ala. Central—1st, 6s. 1918
J;Debit
80
; |
:!
18
I* 95
94
j
Registered
79
i
1st, consol., 7s, 1910
Jibs'
Den.So.Pk.it Pac.—1st, 7s
-- —
Mex.
'112
1
92
Divisional 5s, 1930.....,
97
,
)
!-
125 11254 Lake shore
Al. s. ,t N.
112*
.'112
I.. s. f.. 7s
Cleve.it Tob—Sink’gfd.t
N(Rv bonds. 7s, 1886..
Cleve. P. A Ash.—7s
Butt, it Erie— New bds J
Kal.it W. Pigeon—1st..!
Det.Al .it T.— 1st,7s, 1000;
Luke Shore—Div. bonds
Consol., coup.,
7s.|
>
101
1
100
!
.
...'
4! 93
,
j
I
123
jl
>
r
O.—Consol, (is
118
118
1094T12 i
1114*4
1930
Jill!
!
I
1
112
Central Pac.—G., 6s
102
San Joaquin Br.—(is,.
Cab & Oregon—1st, (is! 199
State Aid bds., 7s, ’84
100
Land grant bonds, 6s.
West. Pac.—Bonds, (is *
Ill
So. Pac. of Cab—-1 st.Os
102 4
So.Pac.of Ariz’a—1st, Os
98 i,
So.Pac.of N.Alex.-lstJip
974
112*4 113
Union Pacific—1st, 6s
Land grants, 7s, ’87-89 106
1064
100
105
'102
1st, (is. ISPU.
‘
Denv.Div.Os.as'd, ’00,
1st, consol., (is. 1919
HI
118
1
;
j
1
-
.
f
i
i
|-
j
.
2(1,38,1980
Nasbv.it Dec.—1st. 7s.
N.Ala.—S.f.,6s, 1910
Leban’n-Knox—Os, 1931
120
120
124
1127
.
!
|
l
1
Louisv C A L
6s 1931
Trust bonds, (is, 1922.
L.Erie& W.-lst,(is, 1919
Samluskv Div.—Os, 1919
Laf.Bl.it AI.— 1st, (is, 1919
Louisv. N. Alb. AC.—1 st.Os
Mnn’iat.R’cb Co.—7s, 1909
N.Y.itALB’h - lst,7s.:97
Mut.Un.Teh—S.fd.Os .1911
Hpring \ral. W.W.— 1st,Os!
INCOME RONDS.
•
(it
:
65
t
'
1
(Interest -payable if
carncd:)[
Alleg’ny Cent.— Inc., 1912
Atl. it Pac.—Inc., 1910...
Cl
101
103
1
Os.
Pac. of AI
o.—
1 st, (is
9.»
102;
.
8(i
107 *
-
80
1
Tex.it l‘ac.—1 st,
..—
1044
6s, 1905
Consol., (is, 1905
Income «t Id. gr., reg..
*120
1st. Bio G.Div.,6s,1930
Pennsylvania HR.—
Pa.Co.’s
___
80
85
■
1
gnar.44s,lst,cp
Pitt.C.it St.L.—1st, c.',7h
1st, reg., 7s. 19(>()
2d, 7s, 1913
y
V-5"
No prices Friday; those are latest quotations made this week.
91
98
10
50
2d,
3d,
debentures
prefr, debentures
PitlR.FtYV.it CI lie.—1st
’j.
2d. 78,1912.,
80
*135
.
j
I
j
i
E.itW.—Inc.6a!
I
5
il
Alin’l Div.—Inc.,7s, 1021
39
3934bObio So.—2d inc.. (is, 1921
43»4
liOgdens.it L.C.—Inc.., 1920
PeoriaD.it Ev.—Inc., 1920
974 j Evansv.Div.— Inc., 1920
96 4 Peoria it Pek.Un.—Inc.,(is
11R0ch.it Pittsb.—Inc.,1921
rBome W. it Og.—Inc., 7s.
1 So.Car.Bv.—Inc., Os, 1931
*1374 339 1 St.L.it LAI t.—3 st,7s,ur.i.a.
135 4
St. L.A.& T. II.—Div. bds!
'
;
..
■
78
65
j
,
pref...debentures
N. Y.p.it ().—18t,inc.ac.,7s
Ohio Cent.—Income, 1920
:
*
20
Alii. L. 8li.it W.— Incomes
Mob.it O.—1 st.prf., deben.
N.Y.Lake
301
95
So. l’ac. of AIo.— 1st.(is
"8*6
*12
LabRl.itAlun.— Inc.,7s,’99
4 th,
E(iuipment, 7s, 1895..!
96
80
*
40
..
J 1084*
2d, 7s. 1891
loo
*99
S.F.—2d, (is. Cl A
90
3-(is, Class C, 1906
i
96
3-Os, Class B, 1900
'*
1 st, (is. Pierce C. it O
I 85
i
17
....
Trust Co. cei tilicates
:
Leh. it Wilkesb. Coal—’88
Lake E.it W.-T-lnc.,7H, ’99
band’ky Div.— 1 ne.,1920
100
i 98
•St.L.it
1154*316
124
Gr.BayW.it St.P— 2d,inc.
Ind. lib & W.—Inc., 1919
Consol., inc., 6s, 1921...
T tuVs 1 >cc.it .Spr’d—2d.inc.
! 894
105
i
Alarq.— Inc.
| E.T.V.itGa.—Inc.,Os, 1931
iElizab. C. it Nor—2d. inc.
100
Grog. Short L.—1 st, Os!
Ut. So.—Gen., 7s, 1909
Extern, 1st, 7h, 3 909!
cons.,
Dot. Alack, it
72
j
Pac.—1st,
97e
Ch.st.P.itAl.—J>.gr.inc,.,0s
Chic, it E. Ill—Inc., 1907
DcsM.it Ft.D.—1st,inc.,0s.
112
,10b
714
3(1.78,1906
8*4
....
At.C.it lb—1st,Os,1905:
At. J.Co.* W.-lst, (is *
Mo.
S.it
-
Telegraph—7s, 1004 j
Central of N. .1.—1908
Cent, la.—Coup. deb. certs.
C.Rr.’u.P.—F.c.,7s, ’95!
12s
it Nashville
General, (is, 1930
Pensacola Div.—(is, 1920!
St. L. I)iv.—1st, (is, 1921
,
,*105
1900, reg
N.W.
94
Collateral Trust, Os...j
do
5s. 1907
Kaiis. Pac..— 1 st, 0s, ’95!
102 4
...
2d, (is, 1930
i
'1084
105
,
Sinking funds, 8s, ’93’.J 106
Reg., 8s, 1S03
j-'TOO
Cccilian Rr’cb—7h, 1901
N.(>.itAlob.—1 st.Os, 1930!
.
112
T09
.
Consol., 7s, 1898
,
101
1
...
II184’!Louis. West-.—1st, Os...
(108
|110
-
Consol., reg.. 1st, 7a... 124 ,
Consol., coup., 2d, 7s.. 1164 118
Consol., reg., 2d, 7s ...i 1104118
Long I sb RB.-'-lst, 7s,’98!
jl20
1 st, consol., 5s, 1931
I 102 j
1174 Louisville
St.I’.it K.C.-lst.0s,1919
Chie.it E. 16.—1st,s.f.,cur. 100
Chic.St.L.it P.—1st,con.5s
Chic, it Atl.—1st. (is, 1920
2d, (is, 1923
1
Chic.it'w.Imb—1 st. s.f., (is*
Gen’l mort., (is, 1932
I
Ool.it Green.—1 st, Os, 1916
^2d, Os, ] <)26
j
Col. H.Vab it Tob—1 st, 5s1
Pel. L.it W.—7s. conv., ’92
126
Mortgage 7s, 1907
Syr.Bing. J: N.Y.—1 st,7s
Morris it Essex—1st, 7s 13*3*
M.&E -2d, 7s, 1891
..
TOO
| 62
<
..
108
ist,
7s
C.St.PitAl.—1st,0s. 1918 114
No. Wis.—1st. Os.
..
103
■
.
09
78
2d, 4-5-08, 1009
Eastern Div., (is, 1921..'
T ndianap. 1 >.<V spr.—1 st.Vs
1
2d. 5s. 1011
Int.itGt.No.—1st, Os, gold
120 |
Chic.it Alilw’kce—1st.7s 123 J
Win.it St.P.—1st. 7s, ’87. 1074 108
2d, 7s, 1907
,121
Mil.it Mad.—1st,6s, 1905 loo
C,St.P.A!.,t
!
•
Coupon, Os, 1909.
'kvcei
i 125 4 K'cut'kvCent.
— M.(is,1911!
reg
Consol. 7s, 1914
Consol, sink, fib, 7s,1914:
Gemnal consol..(is. 1934 *
125**!;
•
!
.
,
I nil’s—1 st,7s,s.fd.
125
109
116
4th,s.fd.,0s,1892
St.L.V.itT.lL— 1st,g.,7s
2d. 7s, 1898
‘J....i
l!
2d, guar., 7s, 1898
i
102*2 Pitts.B.it B.—1st, (is, 1911
.
..
91
Wis.it Al in. 1 >iv..o8,1921
95 4
Chic, cfe Northwest.—
Sink, fund, 7s, 1S85..... 104
j
Consol, bonds, 7s, 1915, *131
1131
'Extension bonds, 7s, ’s5 103 4
1st, 7s. 1885
104 4 10“
C.C.O.it
Clev.it Pitts.—Cons.s.fd.
IIud.Biv.—17s,2d, s.f., ’85 1054 106
i 1st, consol., 6s, 1933....! 103
Harlem—1st, 7s,coup... 1 ...... 1284 1 1st. cons., 6s, reg., 1933.!
13U4
1st, 7s, reg., 1900
*iV;--- 130*4
Min’s Uu.—1st, 6s, 1922,1 T08
N. Y. Elov’d-1 st. 7s. 1900 118
St. P.& Dub—1st,5s, 19311*101
121
N.Y. P.it O.-Pr.l’n, Os, ’95
So. Car. B’v—1st, Os, 1920 *100
40
NYbC.it N.—Gen.,(is, 1910,
1! 2(1,08,1931
35
Trust Co. receipts
Shonand'hY.—1st ,7s, 1909j*109
1
103
80
N.Y. it. N. Engl’d—1st, 7s
jj General, 6s, 1921
99 T
Tex.Cen.—1st, s.f.. 7s,1909
1st, (is, 1905
99
’9*0*4
•
97*
41
N.Y.O.itSt.L.-lst.Os, 19211
j ISt mort., 7s, 1911
!..
2d. (is, 1923
Tol. Debit Burl.—ALffn.Os
40»(
N.Y.W.Sb.it Butt'.—Cp.,5s
1st, Dayt. I)iv., 0s, 1910
1st. Ter’l trust, (is, 1910
Registered, 5s, 1931
0
Tcx.it N. O.—1st, 7s, 1905,
N.Y.Susq.itWest.—1 st, 6s
Debenture, (is, 1897
I
Sabine Div.—1st,Os. 1912; -90
:
SO
89 ; Ya. Mid.—M. inc., (is. 19271
Alidlaudof N.J.— 1st, (is
55 | 00
37 4 88
N.Y.N.ll.AH.—1 st, rg.t Is 103
Wab.St.L.it l»ac.—Gen’l Os'
ij
Nevada <Vntral— 1 st, Os..1
Cliic. Div.—5s, 1910
j 00 i 03
Hav. Div.—Os, 1910
X.l’ac.—G.l.gr., 1st. cp.,6s 102*4 10234
1
92
1
Registered. (i-1. 1021
Tol.P. tW.—1st, 7s, 19171
N.o. l’ac.—1st, (is, g., 1920
77
Iowa Div.—(is, 1021
5(*
57**4
1
Norf.it W.- Cen’l,(is. 1931 *. ......101 4
Ind’polis I)iv.—Os, 1921 *30’
New River—1st, Os, 1932,*Detroit Div.—6s, 1921
TOO
75
No. Railway (Cal.)—1st, Os *107
j
;• Cairo Div.—5s, 1081
1
80
Oliioit Alins.—Consol. s.fd.! l 18
Wabash—Mort. 7s, 1909
98 4 105
Consolidated 7s, 1898.... 118 j
Tob it W.~1 st, ext., 7sj
89
2d consolidated 7s, 1911
101 il094
1st, St. L. Div., 7s, ’89( •
2d. ext.. 7s, 1893......I*
1st, Springfield Div., 7s -- -..jlOS4
j 824
Ohio Central—1st, 0s,192O;
42 | 40
Equipm't bds, 7s, ’88.( .
50
Consol, conv.. 7s, 19071
60
1st,'PerniT Tr., (is, 192()i ;
s
99
100
Alin’l
1st,
Gt.West’ll—1 si, 7s, ’88;
Div,, (is, 1921
*77
Ohio .So.—1st, Os, 1921
2d. 7s, 1893
I
Q.it Tob-1st, 7s, 1K90!
Oreg’nit Cab—1 st.Os, 1921
j
09 b
71
Or.<t TrauscT—0s.’82-1922
Haii.it Naplcs- lst, 7s!
■
(i 1
Ill.it So. I a.—Jst.ex.J's; ....-J
Oregon Imp. Co.—1st, (is.
--103
4
St.L.KJ’.itX.— R.C..7S
95
100
Oreg’n RK.it Nav.—1st.(is 1 OR
Omaha Div.—1st, 7m*
Panama—S.f., sub.(5s, 1910;
974 9934
j—
PeoriaDec.it Ev.—1st, Os *
Clar’da
Br.—Os.
1919!
1
! 97
Evans.Div.—1st,6s,1920
! 95
St.Chas.Bge— 1 st,<5s;*
I 83
Poona it Pck.U’n—1st, (is '
No. Alissomi— 1st, 7s.' 105
1144
,104
Pacific Railroads—
West. lTn.Tel.—1900,coup.(
H>8
—
,
conv.
130*2 1314
-
93
,1074
,105
...
Peninsula—1st,
35
124
105
Cons. 2d, income. 1911..
50 j 56
Arkansas Br’cb—1st, 7s>
j H. it Cent. AIo.—1st, ’90*101 1
; Cairo it Fulton—1st, 7s,*104
Alobilo tt Ohio—Now 6s..! ------ 105
48
1 Cairo Ark. it T.—1st, 7s!T
H8 j Collated trust, Os. 1892;*
! 95
Gen’lr’y it 1. gr., 5s,1931! 61
31
Morgan’s La.it T.—1st, 6s,
1
St.L.Alton & T.H.—lst.7s *112
91 *2 Nash.Chat.it St.L.—1st,7s1
1214 * 2d,,prof., 7s, 1894
;*
2d, 6s, 1901
1
2d, income, 7s, 1894
*
N.
Y.
Central-Os, 1887...| 104
-• =
1064 I Bellev.it So. 16.—1st, 8s *100
Deb. certs., oxt’d 5s
54*2
104*4 St.P.AIinn.ct Man.—1st,7s
j 104
N.Y.C.it II.—1st, cp.,7s 1324
j! 2d, (is, 1909
j
1st, reg., 1903
; ...... 132
Dakota Ext.—Gs, 1910..
...
I)es M.it Alin’ap.—1st,7s
Iowa Midland— 1st, ss...'
Cent.—1st, 7s, 1911.'
i
80
91
| Peun. KB.—Continued—
1’. F t. W. A C. 3d, 7s, 1912
,1114
—
Hink’g fd. deb., 5s, 1903
Escaimba A L.S.—lst.ds
92
Ask.
110
102
95
|
47
j
...
Sink. fund. 5s, 1929, reg
112
j
j
Bid.
SECURITIES.
,
..
Sinking fund, 5s. 1929..
Ask.
•
Eli/.C.itN.—S.f.,dob.,c.,(is'
.
Sink, fund, G’s, 1929.
•
104 *2-105
i
Mich.Cent.—Cons. 7s, 1902
Consol. 5s, 1902
1st, (is, 1920
|.
Eliz.Lox.it Big Sandy—6s
I 90
! Eric-1 st, extended, 7s ...!
Chicago it Alton—1st, 7s. *117
! 121 *2
Sinking fund, 6s, 1903..1 118 119 11 2d, extended, 5s, 1919
*
;1104
La.
t. it Mo. Biv.—1st, 7s.
llo3i 110
3d, extended, 4 *2S, 1923 *103**4 105
2d, 7s, 1900..
;
1114*2 *"4tli, extended, 5s, 1920.• 107
St. L. Jack. A Chic.—1st *
'118
5tb, 7s, 1888....
I 105 1
•
1st, guar. (564), 7s, ’94 *116
lst.cons., gold, 7s, 1920 *
338
2d, (360), 7s, 1898
'
1st, cons., id coup., 7s.. j*
,319
2d, guar. (188), 7s, ’98
Beorg.. 1st lien, Os. 1908 *95 j
Miss.K.Br’go—1st, s.f.fis'
Long Dock b’nds, 7s, ’93 *1147fi 135
129
C.B.& Q.—Consol.7s, 1903!
Butr.N.Y.itE.—lst.1916 120
130
102 4
51 *4
5b, sinking fund. 1901 .J
N. Y. L. E.it W.-New 2d 6
1 914* 92*4
Collat'l trust,(.5s, 1922. *
5b, debentures, 1918
:
105
la. Div.—S. fd., 5s, 1919 *
Ruir.it SYV.-AL,09,1903
!
90
91
Ev.it T. IT.—1st, cons., (is
Sinking fund, 4 s, 1919
'• 6
964
Denver Div.—Is, 1922..
Aft.Veni’n—1st, 6s, 1923:
Plain 4s, 1921
Fl’tit P.AIarq—AI.08,1920 112 4 ....
.;
128
C.R.I.it P.-(is, cp., 1917. 127
Gal. Har.it S.Ant.—1st, Os' 106*a
105
(5b, reg., 1917
M27
2d, 7s, 1905
*1*0*3*
Keok. ct Dos M.—1st, 5s 102
Alex. & Pac.—1st, 5s.
*92
Central of N. J.—1st, 1890 113 '•_*
2d, (is. 1981
!
103
lstconsol.asseuted.lSOO *
G r’11 RayW.it St. I’.—1 st.Os1
78
112
Conv., assented, 7s. 1902
104
Gulf Col.it S. Fo—7s, 1909
Adjustment, 7s, 1903...: 994 104
2d, 0s, 1023
|
80
C'onv. debent. 6s, 1-908..
Hann. A St. Jos.—Ss.conv. 1025H 108
93
Leb.itW.B.—Con. g’d.as.
Consol. Os, 1911
113 —
Am.D’kife I mp. —5 s, 1921
88
Houston it Texas Cent.—
Chic. Mil. it St. Paul—
109
1st, AI. L., 7s
130
133
300
1st, 8s, P. D
1st, Western Div.. 7s
110
2d, 7 3-10, P.D., 1898... 118 .120*8
1 st, Waco A No., 7s.....
122
1st, 7s, $ g.. R. D., 1902. 1 23 ! 128
2d, consol., maine lino.Ss 117
1st, LaC. Div., 7s, 1893. 1IH4T 19'h
2d. Waco it No., 8s. 1015
122
1st. I. it AL, 7s, 1807
1 16
General, (!s, 1921
00
let, I. it 1)., 7s, 1899
120
Houst. E.it W.Tex.—1st,7s
1st, C. <t AL, 7s, 1903... 123
2d. (is, 1013
Consol. 7s, 1905..
121*4 121;,4 Illinois Central—
2d. 7s, 1881
100
Springfield Div.—Cp. Os. ....
let, 7s, I.it D.Ext.,1908
1214
Al iddie Div.—Beg., 5s... 1 103
let, S.W. Div., (is, 1909. 1074
C.st.L.it N.O.—Ten.l.,7s!
122
let, 5s, LaC. A I >av„ 1919
95
1st, consol.4 7s. 1897
*
lst,S.AIinn. Div.,(is, 1910 109*4 1093j
2d, 6s, I907
1
107 L
107
let, H. it 1)., 7s, 1910... 116
Gold, 5s, 1951
Chic.it Pac. Div..(>s, 1910 114
Dub. it S. C.—2d Div., 7h *114
1st,Chic.it P. W.,5s, 1921
054 97
Cod. F. it AI inn.—1 st, 7s
Min’l l»t. Div., 5s. 1910.
914 Tnd. Bl. itW—1st prof., 7s 115
94
C.it L.Sup. 1 )iv., os, 1921
1st, 4-5-0S, 1909...
Coupon, gold. 7s, 1902
Regist’d. gold, 7s, 1002.
Sinking fund, Os, 1929..
Bid.
2d, Gs, 1899....-
i
Den.it RioG.Wost,-1st,Os'
39 j
Dot. Alack. it At arq.—1 st, Os *
Land grant, 3 *2S, S. A...!
!
E.T. Va.it Ci a.—1 st,7s,l 900; 110
!1st, cons., 5s, 1930
■
54-*8
;
.,
.
69
iNIarietta it Cin.—1st, 7s..
Rons, it Sar—1st, ep.,7s *129
1st, reg., 7s, 1921
1
Denv.it Bio Or.—1st, 1900
90
99 *2 3 00
•
i
3-65s, 1924
!.
Registered
*111
'
Fuuding5s, 1899.!
....
i
2d, 5s, 1913
Reg., 5s, 1913
Central Iowa—1st, 7s, ’99 100
East. Div.—1st, 6s, 1912
Ill. Div.—1st, (Is, 1912..
Char. Col. «t Aug.—1st, 7s
Chee.it O.—Pur.moneyjd. 112
6s, gold, series A, 1908
108
6s, gold, senes B, 190S .1 91
32
6b, curroncy, 1918
;
Mortgage (>s, 1911
Ches.O.itS.W.—M. 5-ds...
District of Columbia—
39*4
’
100 *-2 101
Can. So.—1st, hit. guar. 5s
i
....!
6s,deferred
(is, 1909
|112
7s, 1891
i 315*2
...i 95
Coupon, 5s, 1931
*
1st. ext., 7s, 1891
J ----.j
i Registered, 5s, 1931
; 300 jloo*4 BorneAV.it Og.—1st,7s,’91
Coupon, 7s, 1894
1
TD>
Jack.Lan.itSag.—6s.’91. 103 1
Con., 1st, ext., 5s. 1922., 67 j 69
Registered, 7s, 1894
j*l 16 !.. —' Milw.it No.—1st,6s, 1910
’
: j Bocb.it Pitt,—1st. (is, 1921
il08
1st, Pa.Div., cp., 7s, 1917!
3 31*2 Mil.L.S.&W.—1st,(is,1921 ...... 100
Consol., 1st, 6s, 1922
80 1 85
>
1st, Pa. Div., reg., 1917. 128*2
Bich.it Alleg.—lst,7s, 1920
lMinn.it St,L.—lst,7s,1927 120 ,..
Alb. tt Susq.—1st, 7s ...! 111*2
Ricb.it Dauv.—Cons.,g.,6s
! ! Iowa Ext.—1st, Vs, 1909
118
2d, 7s. 1885
1 3 02*8 103*2
2d, 7s, 1891
*100
Debenture 6s, 1927
f ”49 *2
lst.cons., guar.7s,1906
Registered
i - - ---. |
1st, cons., gu.. 6s, 1906i 115 ;115*2
Guaranteed
Rap.it No.- 1st, 5s
Minn.&St.L.—lst,7s.gu.
Ia. City.A West.—1st, 7s
C.Rap. I. F.it N.—1st, 6s
1st, 5s, 1921
Buff. N.Y. & Phil.—1st, 6s
General, 0s, 1924
Bur. C.
1
106
Metropolit’n El.—1st,1908
98
1023i 103?*
Construction, 5s, 1923
IIml.Canal—1st, 7s
'!
—
Alleg’y Cent.—1st,6s,1922 —
Atch.T.& S. Fe-4 4s, 1920 ....
Sinking fund, 6s, 1911. J —
Atl. & Pac.—1st, 6s, 1910.
75
Balt.it O.—1st, 6s, Prk.Br. *113
BoBt.Hartf. & E.—1st, 7s
i 45
Virginia—6s, old
6s, new, 1866
6s, consol, bonds
6s, ex-matured coupon.
6s, consol., 2d series
,
105
SECU1UTIES.
7s of 1871.1901
*121 j
1st, consol., guar., 7s.. -— 122
N.Y. Laek.it W.—1st, 6s 117 VI19
•
3
BON OS.
Ask.
j Del. L. A W.—Contin’d— j
!i
Bonds, 7s, 1900
!
1
Railroad Bonds.
!
Bid.
SECURITIES.
1 394
CTnp’mise.3-4-5-68,1912
t
I
6s, Act Mar. 23, 1869 H
non-fundable, 1888. s ; ""
Brown consol’ll 6s, 1898 105
Tennessee—6s. old, 1892-8: *68
6s. now, 1892-8-1900 ...i
Ask.
Tennessee—Continuedos, new series, 1914
|
i
82
Bid.
j
*12 4
*
Wil.C.ifc Bu.R.
•SECURITIES.
‘
Special tax, all classes..
Do
‘ Ask.
; Bid.
N. Caroli n a—Contin n ed— |
New bonds, J.itJ., ’92-8 i
L uusiaua—7 * cons.,1914
Ex-matured coupon
Alabama—Class A, 1906.
Class B, 5s, 1906
Class C, 4s, 1906
08,10-20s, 1900
Arkansas—6s, funded.'...
7b, L. Bock & Ft. s. ins.
7s, Memp.tfc L.llock K1I
7b, L.B.P.B.&N.O.KR
7s, Miss. O. & R. R. KB.
7b, Arkansas Cent. KB.
Georgia-6s, 1S86
701
*l6"
**15*‘
1
...
......
15
★
45
37
......
25
••••••
•••^4#
702
CHRONICLE.
THE
New York Local Securities.
(Juotations In Boston, Philadelphia and Baltimore.
Insurance Stock
Bank Stock List.
List.
Marked thus (*) are Par.
not National.
i
Bid.
PRICE.
COMPANIES.
Ask.
Par.
Bid.
Bid.
SECURITIES.
[Prices by E. S. Bailey, 7 Pine St.]
PRICE.
[
COMPANIES.
[vol. xxxvm.
Ask.
113*2 119b
Atch. & Topeka—1st, 7s.
Land grant, 7s
Atlantic & Pacific—6s
Income
Boston & Maine—7s
;
Boston & Albany—7s —
6s
Boston & Lowell—7s
6s
Boston & Providence—7s
Burl. & Mo.—Ld. gr., 7s.
Exchange...
Broadway
Amer.
Batchers’ & Drov’s’
Central
Chase
Chatham
Chemical
Citizens’
118
130 '
iso
'43
Hlv.
Commerce
Continental
Corn Exchange*....
East River
Eleventh Ward*....
Fifth
Fifth Avenue*
First
Fourth
Fulton
Gallatin
Garfield
German American*.
German Exchange*
Germania*
Greenwich*
Hanover
Imp. & Traders’
Irving
Feather Manuf’rs’..
Manhattan*
Marine
Market
Mechanics’
Mechanics’* Trade’
Mercantile
Mercnants'
Merchants’ Exch...
10(1
100
100
25
25
100
100
100
100
30
50
100
75
100
100
25
100
100
50
100
50
100
100
25
25
100
50
50
100
ICO
Metropolis*
Metropolitan
Murray Hill*
Nassau*
New York
New York County .
N. Y. Nat. Exch....
Ninth
North America*....
North River*
Oriental*
Pacific*
Park
People’s*
Phenix
Produce*
Republic
American
50
Amer. Exchange,... 100
25
Bowery
25
Broadway
17
Brooklyn
20
Citizens’
70
City
100
Clinton
50
Commercial
100
Continental
40
Eagle
100
Empire City
30
Exchange
50
Farragut
Firemen’s
17
10
Firemen’s Trust
100
Franklin & Emp..
100
German-American
50
Germania
50
Globe..25
Greenwich
100
Guardian
Hamilton
15
50
Hanover
100
Home
50
Howard
100
Irving
30
J efferson
Kings C’nty (Bkn.). 20
40
Knickerbocker
Long Isl’d (B’klyn) 50
Lorillard
25
Mauufac. * Build.. 100
Meeli. * Traders’
25
Mechanics’ (Bklyn)
50
Mercantile
50
Merchants’
50
50
Montauk (Bklyn.)..
50
Nassau (Bklyn.) ..:
National
37*2
35
N. Y. Equitable
100
N. Y. Fire
50
Niagara
25
North River
25
Pacific
100
Park
Peter Cooper....... 20
50
People’s
50
Phenix
,
25
Rutger's
50
Standard
100
Star
1 Sterling
100
25
Stuyvesant
25
Tradesmen’s
25
United States
Westchester
10
■>00
City,
fit. Nicholas*
Seventh Ward
160
/...
Second
fihoe& Leather
State of New York*
Third
Tradesmen’s
Union
United States
Wall Street
West Side*
100
50
100
100
!.
1V0"
.
.
115*
i’23
130
t*5*6"
155
265
144
..
i*20*
"""
::::::
*54"
...
i*30”
150
100
100
70
30
25
50
100
25
20
50
100
100
100
100
100
100
100
40
50
100
50
100
153
125
150
....
1*5*6"
Williamsburg City.
......
50
145
108
145
165
160
145
120
120
70
225
T35
70
90
106
80
70
110
205
135
110
230
60
110
135
135
00
120
200
85
100
70
100
60
105
60
100
105
145
85
150
80
120
105
170,
100
150
108
140
115
90
55
50
117
75
125
120
200
155
13 3
153
175
170
150
325
125
90
240
250
80
100
115
85
80
113
225
143
115
290
65
115
145
140
65
70
126
210
90
no
75
110
85
112
65
105
110
150
95
ICO
95
130
110
180
108
165
115
150
125
100
65
52
125
85
133
125
210
Sonora—7 s
STOCKS;
Atchison & Topeka
Boston & Albany
Boston & Lowell
Boston & Maine
Boston & Providence
Cheshire, preferred
...
Jersey City & Hoboken
Manhattan
Metropolitan
Bonus
Mutual (N. Y.)
Bonds
25
20
1,000
50
20
50
100
500
100
25
Scrip
Var’s
New York
100
10
People’s (Bklyn.)
Bonds
Bonds
Central of New York..
Williamsburg
Bonds
1,000
Var’s
50
50
1,000
Metropolitan (Bklyn.)
100
100
Municipal
Bonds
Fulton
Municipal
100
Bonds
‘ioo
Equitable
Br’dway & 7th A v.—St'k.
1 st mort
Brooklyn City—Stock
1st mort
Bklyn. Crosstown—Stock
1st mort. bonds
Bushw’kAv. (Bkln)—St'k
Central Crosstown—Stk.
1st mort
Ceut.Pk.N.&E.Riv.—Stk
Consol, mort. bonds
Christ’ph’r&lOth St—Stk
Bonds
DryDk.E.B.& Bat’y—Stk
1st mort., consol
Scrip
Eighth Av.—Stock
Scrip
42d & Gr'nd St.F’ry—Stk
1st mort
Houst.W.St.&P.F’y—Stk
1st mort.
Second Av.—Stock
3d mort
Consol
Bixth Av.—Stock &
1st luort
scrip
1st mort
Twenty-third St.—Stock.
1st niort
This column shows
170
—
60
Flint & Pere Marquette.
Preferred
Fort Scott & Gulf
Preferred
Iowa Falls & Sioux City.
Kan. C. Springf. & Mem.
Little Rock & Ft. Smith.
Louisiana & Mo. River..
Preferred
Maine Central
Manchester & Lawrence.
34
Tf
c
ib o'
160
75
33
32
117*4 117*2
22*2 23*2
10134 102
*75
17*2
Amount.
Period
2,000,000 Var’s
1,200,000; Var’s
315,000 A.&O.
2,000.000 F. & A
750,000 J. & J
4,000,000 J. & J
2,500,000 M.&N
750,000 F.& A
3,500,000 Quar.
11,500,000 M.&N
1,000,0001 Var’s
700,000 M.&N
4,000,000 M.&N
1,000,000 J. & J
375,000 M.&N
125,000! Var’s
466,000 F. & A,
1,000,000! Quar.
1,000,000 A. &0.
1,000,000 M.&N.
own
5
3
Date.
*
Bid.
......
j May 10,’84
130
133
92
90
110
3*a Apr. 1,'Sl 107
3
1 Feb. 1, ’84 118 120
160
7*2 Jan. 1. ’81 150
5
'June 2,’841 280
285
5 lMayl3,’84! 231
240
1
3
107
110
2 V Apr. 10’84 128
130
1902
103
106
2
|.Tune2,’84 100 107
90
2*s May 1,’84
i 92
5
| May 1,’84- 150 ;153
3
June 2,’84
78
so
3*2 May 1,’S4 106 ■110
3
|Apr. 1, ’841 95 100
2 ! Feb.,
’84: 75 i 90
2 *2* Apr. 21*84 i 120
128
3
iApr. 1, ’84 105 il08
3 Ijan. 1, ’84j 90
93
5
J’no 10,’84 200
205
3,000,0001
1888
750,000 M.&N. 0
107*2 110
3
140
3,000,000!
Mav20,’84 135
i
112
300,000 J.&J. 0
108
90
95
2,000,0001
on
M av.
’93 110
113
stocks, but date of maturity on bonds.
9*2
9
15
Wisconsin Central....
Preferred..
22
.13.25
58
12
65
64
Preferred
Little Schuylkill
Minehill & Sch. Haven...
63
65
51
Nesquehoning Valley...
Norfolk & Weat’n—Com
Preferred
Northern Central
North Pennsylvania
65
64
53
Pennsylvania
Philadelphia & Erie
*
125
105
105b
115
100
117
90
103
119
103*4
121
127
98
108"
i23”
116
119
......122
'!!!!*. ioi*
ill
!
104
71
53*4
1134
11 '8,
190
Westchester—Cons. pref.
West J ersey
44*
40
West Jersey & Atlantic..
CANAL STOCKS. -
40 34
Lehigh Navigation
Pennsylvania
11
.
RAILROAD BONDS.
Allegli. Val.—7 3-10s, ’96
7s, E. ext,, 1910
Inc. 7s. end., coup., ’94
20
15
Ashtab. & Pittsb.—1st,6s
1st, 6s, reg., 1908
Belvid’e Del.—1st,6s,1902
102
116
45
93
93 b
80
111
9434
50
85
115
1*2*5*
107*2
109
Gen., 7s, coup.. 1901
CANAL BONDS. '
dies. & Del—1st,6s,1886
Lehigh Nav.—6s,reg.,’84.
1897
..
Cons., 7s,.reg., 1911 —
Greenw’d Tr., 7s, reg...
! Morris—Boat Loan rg.,’85
Pennsylv.—6s, cp., 1910..
Schuylk. Nav.—1st,6s,rg.
2d, 6s, reg., 1907
a
!125
112
106
6s, P. B., 1896
105
114
80
105*4
,115
90
105
96*
BALTIMORE.
RAILR’D STOCKS. Par
Atlanta & Charlotte
100
Baltimore & Ohio
1st pref
2d pref
Parkersburg Br
65
179
50
50
RAILROAD BONDS.
Atlanta & Chari.—1st—
111c
Balt.&Ohio—6s„’85A.&0
Ohio.—6s, lst,M.&S.
Cliarl. Col. & Aug.—1st..
Cen.
2d
Cin. Wash. & Balt.—lsts.
2ds
3ds
Columbia* Greenv.—lsts
2ds
No.Central—6s, ’85, J.&J.
6s, 1900, A. & O
6s, gold. 1900, J.&J....
5s, Series A ..c.
os, Series B
Pittsb.&Con'ells.—7sJ&J
Union RR.—1st, gua.J&J
Canton endorsed
Virginia & Tenn.—6s
72
135
132
Pittsburg & Connellsville
Western Maryland —50
—
2d, guar. b3rW.Co.,J.&J.
6s, 3d, guar., J. & J
Wilm. C. & Aug.—6s
Wil. & Wemon—Gold. 7s-
6s. 1921
1st, Tr. 6s. 1922
*80
120
14b
110
109
8l*v 88
102
b
302
108
109
306*2 107b
96
90
99
**63b 61*4
32
99 b
65
J0234 103 b
117
117
104
102b
101
31
123
125
102b
127
110b
107
110
102
W.Md.—6s, 1st; g"j. & J.
2d, guar., J.&J
>ns.
4 Dor
30
old, 1923
Central Ohio—Coni
Phila. Ger. & Norristown
Phila. Newtown & N.Y..
Phila. & Reading
Phila. & Trenton
Phila. Wilm. & Balt....
Pittsb.Cin.* St. L.—Com.
United N. J. Companies..
2d, 6s, 1885
3d, 6s, 1887
Bell’s Gap—1st, 7s, 1893.
1st, 6s, 3 905
Consol., 6s, 3 913
Buff. N.Y.& Phil.—1st,6s
2.1, 7s, 1908
117
Svr.Gen.& Corn.—1st, 7s.
Union & Titusv.—1st, 7s.
United N. J.—Cons.6s,’94
Cons. Gs, gold, 1901
Cons. 6s, gold, 1908
Mort. RR., reg.,
Lehigh Valley
vi 0
Sunbury & Erie—1st, 7s.
Sunb. Iiaz. & W.—1st, 5s
2d, 6s, 1938
Cons. 6s, 1909
Preferred
Ex«
ShamokinV. & Potts.—7s
Slien. Val.—1st, 7s, 1909
Gen’l 6s, 1921
Income, 6s, 1923
Income, 5s, 19L4
W. Jersey* At 1.—1st,6s,C.
Western Penn.—6s, coup.
Huntingd’u & Broad Top
**
Pitts.Cin.&St.L.—7s, reg
Pitts. Titus. & B.—7s,cp
1st, 7s, 1899
334
Catawissa
1st preferred
2d preferred
Dolaware& Bound Brook
East Pennsylvania
Elmira & Williamsport..
Preferred
C
Conv., 7s, R. C., 1893..4
Conv. 7s, cp.off, Jan.,’85
Phil.Wil.& Balt.—4s.tr.ct
Gen., 4s,
Preferred
Schuylkill Nav., pref...
120
2d, 7s, coup., 1893
Cons., 7s, reg., i911 —
Cons., 7s, coup., 1911..
Cons., Gs, g., 1.R.C.1911 110
Imp., 6s, g., coup., 1897
70*4
Gen., 6s, g., coup., 1908
Gen., 7s, coup., 1908—
Income, 7s, coup., 1896
Cons. 5s, 1st ser.,c.,1922
Cons, os, 2d ser.,c.t 1933
Warren & F.—1st, 7s, ’96
West Chester—Cons. 7s..
W. J ersey—1 st, 6s, cp.,’96
Preferred
Bell’s Gap.
Buffalo N.Y. & Phil...
Preferred..
Camden & Atlantic
-
250.000 M.&N.
......
Allegheny Valley
Ashtabula & Pittsburg..
.
‘
1834
94
...
RAILROAD STOCKS, f
900,000 J.&J.
25 *a
34 Jan.,
’84, 23
1,000
700,000 J. & J. 7 jJ lily,1900 110*2 113
100 2,100,000 Q.—J. 2
April, ’84'
1,000 1,500,000 J. & I). 5 'June,1914 103
105"
10 2,000,000' Q.—F. 3*2 May,
215
’84 210
5
1,000
800.000 J. & I.
no
Jan., 1902 106
100
200,000 A.&O. 4
160
April, ’84:150
1,000
400,000'J. & J. 7 Jan., 1888 105 112
100
M av,
500,000 Q.— F. 2
165
’84 160
100
150
600,000 Q.— J. 1 hi April, ’84 145
1,000
250,000 M.&N. 6
Nov..1922 111
112 *2
100 1,800,000 Q.—J.
2
142
April, ’84 140
1,000 1,200,000 J. & D. 7
Dec., 1902 118
119*2
100
650,000 F. & A. 2*2 Feb., ’84! 130
140
1,000
250,000 A.&O. 7
116
Oct., 1898 110
100 1,200.000 Q.—F. 2*2 May,
’84 200 1215
500&C.
900,000 J. & D. 7 • June, ’93 114 .116*2
100 1,200,000 F.& A. 6
1914
1104 ! 106
100 1,000,000j Q.—J.
2 VApril, ’84 265
285
100 1,000.000 F & A.
1914
105 1110
Feb.,
100
84 250
265
748,000 M.&N.
May
1,000
236,000 A.&O.
April, ’93 112 !117
100
140
250,000! Q.-F.
May, ’84 325
500
J uly,
500,000 J. & J.
’94 111
ill3*2
100 1,862,000 J. & J.
205
Jan., ’84 200
1,000
150,000' A. & O.
April, ’85 100*2 101*v
1,000 1,050,000, M.&N.
May,
’88 105 1106
100 1,500,000 M.& S.
Mch., ’84 320 335
1,000
500,000 J. & J.
luiy, ’90 110 ’115
100 2,000,000; Q.—F.
280
May, ’84 275
1,000 2,000.000 J. & J.
113
Jan., ’90 111
100
’84
170
176.
600,000; F. & A.
Feb.,
last.dividend
•
PHILADELPHIA.
Jan. 3, ’84
100
1.000
.....
Rutland—Preferred.:...
Ask.
Pennsylv.—Gen., 6s, reg.
Gen., 6s, cp., 1910
Cons., 6s, reg., 1905....
Cons., 6s, coup., 1905...
Cons., 5s, reg., 1919—
Pa. & N. Y. C.—7s, 1896.
7,1906
Perkiomen—1 st, 6s,cp.’87
Pliil.&Erie—2d,7s,cp.,’88
Cons., 6s, 1920
Cons., 5s, 1920
Scrip, 1882
21
10*4
N. Y. & New F.ngland ...j
Northern of N. Hampsh.! 115
Norwich & Worcester...!
14 6"
Old Colony
; 139“
Portland Saco & Portsm.
Revere Beach & I-yrin
Tol. Cinn. & St. Louis.
Vermont & Mass
Worcester & Nashua..
.106
109
Conv. AdJ. Scrip, ’85-88
Debenture coup., 18934
10
,
--
108
Phila. Newt. & N.Y.—1st
Phil. & R.—1st, 6s, 1910..
20
Marq. Houglit’n & Onton.
70
Preferred...
j
145
Nashua & Lowell....
"
'Itiird Av.—Stock
655>
T56
Fitchburg
[Quotations by II. L. Grant, Broker, 145 Broadwa}r.J
Bl’cker St.& Fult.F.—Stk
1st mort
03%
Eastern, Mass
</
1,000
Nassau (Bklyn.)
91
Chic. & West Michigan..
Cinn. Sandusky & Cleve.
Concord
Connecticut Biver
Conn. & Passumpsic
Connotton Valley
Det. Lansing & No., pref.
i
Ligh
Norfolk & West.—Gen..6s
N. R. Div., 1st, 68.1932
Oil Citv&Chic.—1st, 6s..
Oil Creek—1st, 6s, coup..
110
-
i'OGb
Aak
Cliart’rs V.—1st, 7s, 1901
Rutland—Gs, 1st
City Railroad Stocks and Bonds.
[Gas Quotations by Geo. H. Prentiss & Co., Brokers, 11 Wall Street.]
Citizens’ Gas-L. (Bklyn
Bonds...
Harlem
C’ous., 6 p. c
Cam. & Burl. Co.—6s, ’97.
Catawissa—1st, 7s, con. c.
Chat. M., 108, 1888
New 7s, reg. & coup....
—
Par.
....
Atl.—1st,7s,g.,’93
2d, 6s, 1904
11
6s
Pueblo & Ark. Val.—7s..
Gas and
GAS COMPANIES.
Amboy—6s, c.,’89
Mort., 6s, 1889
Connect’g 6s, ep., 1900-04
Cor.Cowan& Ant.,deb. 6s,
112
Nebraska, 6s.Exempt!
Delaware- Gs, rg.& cp.,V.
Nebraska, Gs.Non-ex’pt 10-:*a 102*2 .Del & Bound Br —1st,7s
85
i
j
Nebraska, 4s
I East Penn.—1st, 7s, 1888
Conn. & Passumpsic—7s.|
Easton&Amb’y—5s, 1920
13
Connotton Valley—6s
i
El.&Wmsp’t-lstjOs, 1910
13
!
5a
i
5s, perpetual
East’rn* Mass.—6s, new..! 109 *4 T10
Ilarnsb’g—1st, 6s, 1883..
Fort Scott & Gulf—7s
! 112*2i
H.&B.T —1st, 7s, g., 1890
106
K. City Lawr. & So,—6s..!
Cons. 5s, 1895
118
K. City St. Jo. & C. B.—7s 115
rthaca&Atli.—1st, gld.,7s
95
Little R. & Ft. S.—7s, 1st;
Junction—1st, 6s, 1882...
91
K. City Sp’d & Mem.—6s
2d, 6s, 1900...-.
1
33 34 34
Mexican Central—7s
Leh.V.—lst,6s,C.&R.,’98
7
034
Income
2d, 7s, reg., 1910
I 92
N. Y. & N. England—6s..
Cons. 6s, C.&R., 1923..
"99" TOO
7s
N. O. Pac.—1st, 6s, 3 920.
N. Mexico & So. Pac.— is 115*2 11534 No. Penn.—1st, 6s, cp.,’85
Ogdensb.& L.Cli.—Con.Gs
2d, 7s, cp. 1896
Income
Gen., 7s, 1903
Old Colony—7s
Debenture 6s, reg
120
145
Cam. &
Cam. &
...
100
100
25
25
100
100
25
America*
Bid.
Buff.Pitts.& W.— Gen.,6.s
BOSTON.
Ask.
SECURITIES.
THE
1884.]
June 14,
RAILROAD
EARNINGS.
railroad earnings and the totals from Jan. 1 to
The latest
New York City Banks.—The following statement shows
condition of the Associated Banks of New YTork City for
week ending at the commencement of business June 7:
latest date are given below. The statement includes the gross
earnings of all railroads from which returns can be obtained.
under the heading “January 1 to latest date” fur¬
nish the gross earnings from January 1 to, and including,
the period mentioned in the second column.
KL.CRkAFt
Reported.
Jan. 1 to Latest Date.
Loans and
Discounts.
1884
Week or Mo
$
1883.
1S84.
St
St
439,795
78.359
S8.514
5,049,424,
oAtch.T.& S.Fe April
1,300,000 1,278,154
76,824 1,072.325
Bur.Ceil. R.&No. 4tliwkMay
76,971
130,000 1,783,703
Canadian Pacific IstwkJ’ne 147,000
589.429
22,087
Central Iowa
1st wk J’ne
24,386
8,687,000
Central Pacific.. May
2.062.000 2,127,420
1.439.603
283.000 331.173
Cliesap. & Ohio. May
50.629
Ala. Gt. Southern
May
...
269,051|
Eliz.Lex.&ILS. May
59,332
3,360,888
Chicago A Alton 1st wk J’ne
105,760 164,918 7,557.712
Chic. Burl. & Q April
1,832.451 1,824.130
603.106
38,827
Chic.& East. III. 1st wk J’ne
30,83:-'’
59.603
521,636
Cbic.tfe Gr.Trunk Wk Mar. 8
00,057
429,000 451,144 8.933.000
Chic. Mil. & St.P. 1st wk J’ne
Chic. <fe North w. 1st wk J’ne
490.100 491.000 9,117,867!
96.100 2,303.206 i
Ch.St.P.Min.&O. 1st wk J’ne 113.400
639.815!
47.505
Chic. A W. Mich. IthwkMay
47,040
913,949!
200,094 205.540
Cin.Ind.St.L.AC. May
.
219,147
44,055
14.026
287,< 93
549,885
6,501
43.807
20,811
266,320
28 2,863
11.678
67.711
Cin.N.O. A T. P. May
Cin.Wasli.&Halt. IthwkMay
Clev. Akron &('ol IthwkMay
Clev.Col.C.A Tnd April
Denver A Rio Gr. Apr il
Des Mo. & Ft. 1). 3d wk
May
Det.Lnny’gA No. IthwkMay
Dub.A SiouxCity 4t h wkMay
Eastern
April
E.Teun. Va. & G a. M ay.......
Evansv.AT.il. 1st wk J’ne
Flint & P. Marq. IthwkMay
Flor.R’way & N. 4thwkay
Ft.Worth & Den. May
Grand Trunk
Wk May 31
Gr.BayW.&St.P. IthivkMay
29,500
50,490
.41,208
15,603
67,248
Lomsv.A Nashv. 1 sr wk J ’ne
217,715
MarHough.AO. IthwkMay
Mernpli. A Chari. May
55,879
107,102
265,600
12.153
16 185
16,080
IthwkMay
22,130
144.018
1,196,657
73,710
37,70o
42.577
67,277
30,539
59,476
22,827
36,662
30,310
63,690
230,370
48,253
86.388
158,200
14,050
18,580
169.151
l.T50,057
141,975
161,435
476.335
337,084
291,978
428,201
399,290
Apri1
Ch.Uol.A Aug. May
ColumbiaAGr. May
Va. Midland.
M .y
.
13,826
10,238
32,124
26,798
133,103
19,457
27,523
12.950
120,624
18,147
3 1,302
17,28
33,357
21,075
5,606
6.811
1 st wk J ’ne
1st wk J’ne
7,021
78,745
3,302
4 th wkMay
35,297
613,655
73,310
2d wk Am-
8t.P.Min.& Man. May
8outh Carolina Ai»ril
6o.Pae.Cal.,N D. February..
Do So. I>iv./. Februaiy..
.
Do
Do
293.378
279.923 311,636
1,883,786 1,726,616
971,887
1,238,079 1,193*.002
299,329 297,287
47.962
48,24 1
37,303
36.637
137,362 197.765
West. No. Car. May
Roch. A Pittsb’g l stSvk J’ne
Rome Wat.A Og. March
St.John s b. A L.C.! March
St.L.AltonAT.H. jlthwkMay
Do
(brclis.) IthwkMay
Bt. Louis A Cairo
Bt, L. Ft, S. A W.
St.L ASan Fran.
St. Paul A Dul’th
440,292,
372.023
185.400!
139,600
145,144
669.874
156.830
4,254.113 4,397,339
806,799
697,02..j
1,024,603j 1,169,910
8 5,894 ■
630,115
373,442;
154,854
169,907|
155.280;
107,268 j
169,292
134,548
907.3581
861,083
5,763,4071 5,515.647
199,68
156,659
546,351
485,318
1,129.077
183,212
318,006
162,106
828,307
2
10,335)
459,7v5
373,937
5,222,289
398,630
360,158
839*419
792,473
161,31*
1.034.266
5.081,358
760,250
6,053,928
1,772,383
1,806,556
31.322
1,055,594
2*2,177
290,289
1,118,308
1,066,103
304,847
1,969,318
452.332
2,867,745
422.259
1,327.7281 1,362,151
758.830
781,303
1,3 45,580! 1,463,969
270,707
601,271
161.306
439,939
327,546
50,163
585.463
323,033
71,349
197,Ul!
349,685
335.090
605,381
123,103
167,660
327.045
49,487
597.959
336,299
94.302
76.581
81,599
104,669
31,157
32,540
2 Go 8
58.191
34.047
727.409
78.950
72,045
279,926
Arizona/ iFebruary..
152,lOi
Mex./‘. February..
54,7. 2
Tex.A St.Louis.// 3d wk May
13,209
Union Pacific... April
2,128,965 2,363.277
West Jersey ...JApril
Wisconsin Cent’l 3d wk Mav
4,088,343; 4,228*023
1,573.283) 1,506,115
7.188,554
232,315
267,613
Mav
320,730,
1,027,590 1,235,108
6,070.655, 6,458,494
3,165.30 4|
161,782
49,346
7*2,979
Utah Central.
March.....
vicksb’rg A Mer. May
-
287,637
319,OcO
5.685
93,185
24.339
76,023
23,636
1,864.726
385.660:
283,094!
192.460
49,083
312,164
567,302
8,345,113
302,730
201,876
31.582
276,748
512,391
b Includes Southern
Includes Southern Kansas lines in both years,
Division.
c Includes
Iron Mountain Railroad.
d Not including
earnings of New York Penn & Ohio road.
e Including both divisions.
f Included in Central Pacific earnings above.
g Embracing lines in
a
A Corpus Cliristi to Saltillo, 397 miles;
UP to May embraced only 236 miles, Laredo to Saltillo.
i' Only 136
luiles now, but prior to May represented 297 miles.
Missouri,
Arkansas and Texas.
:
..
City
Tradesmen’s
M.K
Commerce
Broad wav
Mercantile
Pacific
Republic
Chatham
Hanover
Irvimr
Metropolitan
Citizens’
125,500
3,422,200
125,900
3,150,600
3,407,900
13.613,000
20.195,100
5,943,400
5,789,500
2,481,800
3,934,500
3,566,4oO
1,393,800
3,041,900
7,698.300
2,942,300
4,200,400
2,374,100
190.700
1,190,900
783,000
2.249,900
90 4,300
798,900
158,5(10
467,700
449.400
2,762,400
2,119,600
2,6 -i0,(*00
St. Nicholas
Slice A Leather..
Corn Exchange ...
Continental
Oriental
4,711,400
4,528.800
1,874,500
15,394.800
Importers’A Trad.
13,773,100
Pai k
1,510.4(H):
Wall Street
North River
East River
Fourth National..
Central National..
Second National..
Ninth National...
First National
’Third National
N. V. Nat. Excli..
1,454,000!
24.000
1,136,500)
7,063,000!
mi,700
1,66! ,100
519,000
14,521,900!
1,588,700
I
13,707,400
j
1.159,200)
1,870,000!
Bowery
Y. County
N.
1.819.8(H)!
G< rman-Americ’n.
2,097,200
3,194,700
2,309,800!
1,802,700!
Chase National...
Fifth Avenue....;
to rman ExclTnge.
Germania
"...
United States
Lincoln
Garfield
Filth National....
118,500
298,100
225,90o
115,800
187,000
318,000
412,900
318,000
2.943,300
3,519,800
1,618.200
3.061,300
7,493,300
2,583,900
393,300
1.444.000
1,305,000
2.773,300
2,376.900
267,400
2,128,200
1,813,300
2,511,000
3,« 91,700
420,900
191,400
45,000
5,400
526.500
450,000
62,100
1,708, .00
253,000
98,300
333,000
372,200
436,500
757.800
160,000
45,000
1.415,000
865,400
12.5 45,500
7.02(4,000
1,842,000
3,974.809
223,100
360,000
297,000
45,000
596,400
13,090,800
449,900
4.073,200
1,067.100
267,500
211,000
1,822.900
581.400
2,4 68.100
2,174,900
225,000
180,000
•••
105,600
281.900 [
45,000
3,801,000
2.532,200
2,247, *900
104.700|
286.000
259.600
231,700
25 1,300
159.100
125,3001
3«;900
69,8c (i
1,310,700
1.203.0001
1,040,200
1,1 03,000
93,000,
1,004,400)
900,000
404,000
4,958,600
132,000)
237,500)
187,5001
3,413,100!
1,303,900
834,000
952.300
1,146,000! 18,239.400
2,085.100 17.431,100
104,000)
1,018,000!
2,600
2,462,200
362.300
585.200
3*6.400
366.000
302.100
292.700
40-, 500
294.000
80,000
185.800
429.400
046,200
4,339.400)
...
519,200
11,600
319.800
202,300
231,700
317.700
50.000
425.800
1,793,900
5,104.400
45,000
352.800
5.342.900
3,081,900
155,000
621,000
245,200
866.000
4.559.200
97,000
292,500
1,007,400
2,503,700
1,102,400
10,283,000
15,134,300
5,114,200
5,484,300
385,000
18G,< (H)
250,300
320,400
40S,()0()
403.500
685,300
90,000
790,700
185,800
320,100
97,900
368.800
1,366.000
216,400
263,000
142.000
1,590,000
1,590.600
140.000
211.7(H)
2,214,200
Nassau
Market
374,400
438,900
122,4 00
323,500
68.000
883,000
950,700
...
2.165,500
2.829,700
446.700
1.611,700
44,600
754.800
1,000,400
178,300
134,100
302,008,500 40,187,000, 23,984,700 283,323,200114,372,200
following
totals for several weeks past:
are
\L. Tenders.; Deposits. jCirculation Ago. Clear’qb
!
'
$
!
$
I
$
<J;
Specie.
Loans.
1884.
$
313,178,009 45,510.000 22,026,700 206,575,300 14.310,800 057,034,183
309,048,800 45,985,000 24.129,100 288,361,300 14,372,300 518,853,155
M’v24
31
J'no 7
“
302,60S,500;40,137,600 25,984.700 283,323,200 14,372,200 020,943,098
Boston
1884.
179,500
364.500
359,800
11,830.400
1,515.000
1,486.500
18,174,500
2,344,300
3,158,300
1,045.700
89,500
455,700
5,872,100
$
450,000
3,841,000
7.911.000
1,744,000
447,800 !
118,700
516,000
206,000
136.900
tion.
0,905,000
220,500
288,700
2,992,400
5,248,500
1.750,600
Mechanics’ &
Greenwich
Leather MannfTs,
Seventh War
611.900
402.000 |
3.869,900
Circula¬
$
9.068,000
7,21! ,000
7,105,400
1,055,000
595,000
971.500
341.000
Deposits
other
than U. S.
$
$
1,188,000
1,251.000
1,227.2i >0
1,539,000
680,600
2,8*8,600
1,481.700
15.432,900
..
Fulton
Chemical
;
Merchants’ E:
The
135,515
841.912
306,822
1,725,772
5,113.558
America
Plienix
Total
1,495,246
399,073
2,975.188, 3,148.704
494.923
446,904)
159,034
152,392]
579,659
577,870
341,733
318,170;
105,920
109,586;
N.
Vicksh.Sh.APac.
294,537
283,334'
1,032.018 1,051, i 66
4,156,309 4,061.750 15,159.902 1 5,892.702
1st wk J’uel
C. A Iron April
BichmM A Danv. May
107,871
1,530,393
332,778
Do
125,509
568,55 lj
1,543,871
14,183
Ohio A Miss
April..
1,302,306
1,S31.9611 2.066,403
1,162.901:
1,053.684
272,200
22,< 60
April
203.888
352,506;
196,600
22.772
...
181.273;
1,031,983,
454.749
Peoria Dee.AKv.
Pliila. A Erie
Phila. A Read’g
Do Ceilt.N.J.
671.388
948,646
716,343
24,911
Northern Centr’l Api-.l
Northern Pacific ist wk J’ne
Ohio Central
1st wk J ’ne
Pennsylvania... April
958.203
1.004,823[
267,616
283,157
April
May
146,12cj
188.167
April
8.968
May
28,408
April
275.507 275,891
April
1,397,726 1,548,474
April
484,864 458,022
78.511
S'2.27*
N.Y.Busq.AWest April
60.278
Norfolk A West Odj’sJune
55,223
18,596
Shenandoah V 9 dys J line
16,219
..
Oregon Imp. Co March
Oregon R.AN.Co April
619,006
611,289
409.821
46,763
3,187
3d wk Ma
April
9.166,894
2,015,327
190,075
35,352
24.935
1st wk J’ne
March
483.173
9,116,902
697,544
Smith April.
L.Rk.M.Riv A T. April-.
Mil.L.Sh.AWest.
Minn. A St.LounMissouri Pac.c..
Mobile A Ohio
Nash. Ch.A St.L.
N.O. A Northeast
N.Y. A New Eng
N.Y.L.ErieAWit
N. Y. Pa. A O
3,302,989
7.457,415
681,991
140,771
24,S*!
65,377
3d wk May
3d wk May
506,377
9.415,899
1,473,014
260,605
19.356
182, KO
Kentucky Cent’! March
Lake Erie A A.. 1st wkMay
Mex.Nat., Nol)h
Southern Div.
Other lines./..
Milwaukee A No
1,768,661
10.095
27.644
May
596,531
4,897
1.064.242
6,701.607; 7,539,374
&.M. 3d wk May
Mexican Cent.c
304.12 2
4,792,996
360,87/
11,384
111,303
1st wk J’ne
48,873’
14.577
St
408.434
24,519
Gulf Col. ASanFe May
Hous.E.A W.Tex April
b Ill. Cent. (III.), ist wk J’ne
Do
(Iowa) 1st wk J’ne
Ind. Bloom.A W. ItliwUMaj
Ft.S.A Gulf 3d wk May
Long Island
108,208
1883.
24.360
64.400
308,037
..
Kan. C. Sp
.
Net
Legal
Teiuiers.
Specie.
$
10,139,000
7.621.000
7,579,200
7.807,000
4,711,300
10,348,500
2,312,000
9.725,400
New York
Manhattan
Merchants’
Union
Roads.
the
the
Average Amount of—
The columns
Latest Earnings
703
CHRONICLE.
j
Banks.—Following are the totals of the Boston banks:
$
_
$
“
Circulation Agg.
Clear’gs
$
$
$
4.583.200
4,576.500
4,4 43,700
„
6,o58,700
6,010,500
0,728,*00
M’y20 139.7<W,GOO
J’ne 2 138,002,100
9 138.641,700
Deposits. *
L. Teiuiers
Specie.
Loans.
86,125.900:23,503,400! 03,932,83685,747,200
23,201,500!
49,751,800
85,803,509)23,274,4001 61,468,028-
Philadclphia Banks.—The totals of the Philadelphia banks
are as
follows:
1884.
Loans.
j Lawful Money.
Deposits*
$
$
$
Circulation. Agg. Clear’gs
$
$
8,488.326
8,437,615
8,4 15,709
69,906.087
18,528,024
77,084.663
68,898,797
Juno
2
76,872,745 i 19,029,914
1
18.960.721
67,004,697
9
75,548,681
including the item “duo to other banks.”
May 26
“
56.719,045
4 5,070,570
56,287.758
*
Unlisted Securities.—Following are
Atlantic A
Incomes
Pac.—6s, 1st M
Blocks, 35 p. c
Cent. Div., old
Cent. I)iv., new
Accumul. land errant
Dost. H. A E.—New stock
Old stock
Dost. 11. T. A West.—St’ek
77
10-2
8
i i>
T
65
60
5
......
b
%
X
X’
.V. Pluln,
Prof
Trust bonds, 6s
California Pacific
Clue. A A tl.—Belief, stock
Chicago A Canada so
Continental Const.Imp.Co
Denv.A Rio Grande—Cons
......
......
2d mort
22 b
32
300
85
14
99
25
......
10
•
31
2 Sj
Koelj' Motor
Mexican National
Prcf
1st mort
Mo. Pacific — Old stock....
Cowdry ctfs
ctfs
AT.—Income scrip
N. Y. M. Un. Tel.-Stock.
Mut. Un —St’ek trust
..
1st mort.
9b i
15
1st mort
11
36V
47
i
Telegraph—Stock.
1
1st mor t., 6s
:...
Postal Tel.A Cable—Stock
Sol. R. A D.— 1st, stpd ’82
i 2d Kiort., stamped 1880.
7b
16 b
1
1
51
5-\
44
75 V
12
17 *4
2*4
......
60
86
6 hi
45
......
...
......
Joseph A Western
j St. Jo. A Pac., 1st mort.
2d mort
Runs. A Neb., 1st mort.
1
2d mort
State of Tenn.—Set’m’t.3s
......
41
1
!
40
Settlement, 5s
......
Tex.AC> 1. 1“ p.— Ex-bond
Texas Pacific—Old scr p.
New scrip..
Tex. St.L.,M. A A. d i v., as.p
M. A A. Div., 1st mort..
M.A A.Div.,incomes,as p
6s, 1st mort., m Texas..
Gen.
”3V
74;*s
22
80
Pittsburg A Western.
St.
*39**
subs
Georgia Pac.—^tock
1 st mort., Cs
4
Postal
<>
1st ru.G ar.byB.ARioG.
Edison Electric Light
Bid.
People’s Telephone
i
4
6
48
21 J*
Bon v.A Rio Gr. W
l
8
49
5
Debentures
Bull'
Securities.
N. Y. W. Sh. A B.—Stock.
New Jersey Southern
North. Pac.—Div. bonds..
North Riv. Cons.—100 p.c
Ohio Cent.—Riv. Div., 1st
Incomes
Pensacola A Atlantic.?
Ask.
Did.
Securities.
latest quotations for a
1st,ld.gr. A inc.asp.
Light
8 V TJ. S. Electric
17 -j Vicksburg &
1st mort
37 ;
2d mort
51
Meridian...
-
-
—
—
35
1
50
2
93
4
96
40
THE CHRONICLE,
701
BANKS .MADE TO THE COMPTROLLER APRIL 34, 1«H|.
ABSTRACT FROM REPORTS OF THE NATIONAL
Capital.
April 21, 1884.
2,470.225
1,216,133
1.698,8 L7
11,870,550
13,727,821
4,139,929
(5,-23,554
v-s 107.75u.37 »»
{ Total Div.No. 1
$ '
8,088,788
4,201,392
4,040,923
71,257,519
$
$
£ Connecticut...
Other.
Individual.
70
10,285,000
49
0,155.000
49
8,030,000
,M 50,950,000
1951 4“>,827,5; 0
OH
20.510,050
25.95H.820
'0 N\Hampshire.
Sm Vermont
Boston
s Mass., or her ..
“
Rhode Island.
Loans <£ discounts. (Incl'u
Surplus.
■
f Maine.........
(
Deposits.
o‘4
42.0_3.o3
•
overdrafts.)
48,219,04;
11,982.999
$
13,351
3 47,124
42,281
13 2,238
225, t 47
141,085
22.051,387
30 4,2:15
i
Gold and
$
$
11.440,S3 I
11 ',072,530
156,459
3,120,299
1,401,445
8,239,693
86,087,305
2.920
2.00 1,4 87
0,5.) 7,77 7
2,935.8 lO
-
\
*U S.ctfs.
$
$
55,929
53,151
113,421
169.6o§
114,750
17,3 10
3,200
195.425
~
186,653
590
1.850
44.554
’
$
1,120
100,94b
318,712
85,080
8 4 050 i
3.330
103,110
Lea.tend'rs
Treasury
ctitijic'les of deposit.
2,725.440
42.426,200
Silver
Silver.
9,140
4,770
311,388
897,0-4
31,398,457
,3u5,7 (i 1
$
531,670
136,432
3
Gold
'
Treats urn
</oid c. ir.
ccrtiji cates. ccrtiji cates
16,793,345
1
1 7 1.700.-7-
[Vol, XXXVIII,
4.595,333
1,771,708
550,709
918,705
•
1/(90
92.»,399|
140,8-1(6 8,306.307
(-5. (>.»;■•
567, a iu 24,890,492
007,850
2",020 3,809,320
27,100 1,913,219
301,880 6,458,012
~
f New York City
Albany
47
N. York, oilier
200
70
34
1.800,000
34,71 1,100
S Philadelphia..
Pittsburg
y Penna., other.
(. Total Div.No.2
‘
230,.s > 1 ,>'8o
8, 193,052
79.« 93,535
2 .,093, >5 i
1, I09,0.i0
8.98 1,155
3,920.841
8,"57,303
3,417.957
12,253,350
18,92-,010
29
10,1..0,000
92 1
329 0 '>,039
(><> i 158. "91,159
*G New Jersey...
“
•13,"50,(100
250,"(JO,80 > 28,182,959 2<y »9,),.>8U;
I 87.2001
3 =>7,97 1
7 253,319
449,700
90,031,937 2,023,109
0..4,3^9
87.002
083,23
17!,751
29,149,>58
03,«.22,0 >7
23,140,2(57
32,121,587
05,939,527
268.012
259,8 0
■.
27,061,206
70,837,743
/
3
80 1,020
113,58 1
19
*,520
264.720
08,380.721
40-,7 4 4
60,2. >0.4(51
502,J 28,535
2,;>2_,. 5 1
3,8 i 8,9.
i s,7 50,0 I-
49, "8(,
4,3«> 1,523
99~46 -4
1.5go
b0,95 J
152,990
27,258,531
429.150
5,537,-. 01
2,879,747
50,740
305,431
201,042
130,sSb
191,654
105,180
18,381
56,000
5 45.00(5.18 i
3,217,997
23,110
161,4 to
J, L6;>.3"()
9,57(5,227
i
....
750,3'.4
29.*,744
160,010
1''2,130
812,729
0,330,983
1,003,000
.9 '()
2,783,953
3,230,133
3,871,789 1,0 49..9-0 4.1,607,979
43,1 05.3 42 21,5 4 7, LoO
"
4
©
Delaware
Baltimore
1,8 23,9 s 5
11,090,330
2,54 1,700
1,125,000
lo
.
17
24
5
..
Maryland, otii.
Washington
£ Dist. Col., oth.
R Virginia
>C
*C
.
1
252,000
‘29
2 >
£ West Virginia.
3. I 90,300
1 ,9(> 1.090
H»>
1 South Carolina
Georgia
15
2
Hi
1
Florida
2 Alabama
Louisiana, oth.
Arkansas
Louisville
Ken tuck v.oth.
Tennessee
..
1 Total Div.Noel
2
Cleveland
..
Ohio, other
ig Indiana
2
5 Illinois, other.
•
Detroit
m
Mieliig’u,other
©
Milwaiiuee
1,509
4,551,242
IDrtiOlO
1 12,350
3 40,4.12
51,955
443,712
2.8-0,953
89,030
7
2,1(50,4 80
3 7(5,405
9,814,240
97 ,90 .
9,89 3,0311,32 /,. • /;1
3,14 7,280
9,127,9 no
10,500
102,000
281.-518
2-57.910
15,739,018
11,1 59.505
3.2nd
8,252, i 81
50,507,4 *3
2, H*5,794
75,953,072
2,44 3.732
361,980
9,1 00,< 0 )
1.4 10,000
254,540
2,000
035,000
4,370,880
3,718,271
2,980,000
4, L 45,20(5
879,000
521,15 4
478,02 1
20,157$7*2 8
4,850.000
21,0S'.»,0('0
14,058,500
13,()5(8,2aU
8,140,135
3 t,:.01,421
22,341,958
38,1 11 ,/>90
30,708,5 10
20 1,000
2,090, 05
540,000
7(57,140
7,001,594
495,002
17.237,260
4,7 19,792
9,824,701
505,294
0 1
4,655,0 ±0
4,(>(»«*
1,341,158
3 4.0
i
10,050.000
13,109,000
2,050,000
9,309,100
050,000
3.510,000
9
19
£ Wisconsin,oth.
100,000
4,570,0(0
4 55,000
59 d
(>,2o(J
89.0
18 4,o"0,
20,372,0(52
10,1.73,772
148,075
12,005,505
1,132,150
8,0-5! ,627
231,4/0
70.800
8.8,022
*
/
10.897,3 45
44,(544,497
28,090,722
44,531,747
33,003,07b
(t
129,50(5
750,57 0
4
'
98,209
400
6,525
11 5.350
78,8 20
171.928
11.8 5 0
23.792
79,305
‘200.4 j:,
1,120,341
620
34,990
,
61.9
30,0 lo
12,000
16,972
948,798
137,534
401,458
24,500
474,561
9t).98< i
1,085,750
655,080
5,055,739
22.400
2,7 2e,633
>9
73,810
459,040
5,009,565
2,039,640
830,831
1,176,829
521,937
8,061,146
23,785,082
4,013,855
10,147,821
705,169
227,3*98.1 2 1 14,5 (7.528
1,78)5
7.000
702,150
2,770
33,750
52,1- 0
1,969,36 4
1,4 90,010
360,750
228,463
303,110
54,500
171,896
11,557
1,291,060
20,717
150,706
I
320,149
-
J.89 0
37,830
.
1 o.l 29/). 8
1,175,000
•
195.246
4,035,240
27,340
829, **90
10.1*4
1 4.5 DO
(»8."90
2,320
73,59o
1
89,270
25,650
416,000
G9,S".0
1,0 SO
18,640
3!)8,274
275,437
70.000
22,925
2,773,923
lb3,055
276,941
30.210
7,432,4 .’4
1,865,371
2,050
442,063
85,82 s
193,793
2,045,671
801,122
572,737
431,89020,31 1.540
9,430
2.000
] .550
79.398
6 ,’4,350
1,225,706
........
51,400
33,290
10,400
1,83-t
.
341,292
34,000
115,801
109,748
173,2 3
9,032
30,"50
426,439
792,608
1.800
4,712
2,628,929
14.780
31,305
1,310
1
s.2G<)
509... 32
4,5 ! 5,300
88
1 Total Div.No.5
4,895,0.2
4,173.612
216,726
|
22,950
5,540
9,452.9'>()
90
1 1
151
5
Chicago.'
1> (5,20 )
207,208
57
91
182
...
1.40 1.4.v<5
iwi
287,800
3,55 1,500
19
7
..
3,1 89.33 i
5(5,04 2,033
2, Urn
1 (.900
5.410
13,0.55
122,801
G,0s<»
3,035
58
22
f Cincinnati....
085,121
3,670,4 12
n9/>7 4
,
3,587,30
2,419,5001
13,031,027
75,(580
801,171
1,755,318
1
50
5
9
® Texas
3,9;.' 1,47.*
2.8 18,903
510,010
52,00.9
35",3~0
193,026
3,959
72,210
1,421
232,523
1,520
112,494
3 1,0 7 5
291,98 7
3 41,536
533,156
8
^ New Orleans..
^
4
5 1 i,0 (>
757.000
1,49 8000
1 75,000
9,5 25,»’00
2,223,(551
220.477
1 I ,"8",2 i()
2.4 55,033
2, SO 1,000
1,925.000
i
5,891,712
0 75.549
0.39.>,0
i no ooo'
O
£ Mississippi
©
i u
500,99
22,"90.31;>!
[ North Carolina ~~r.
14
..
48,5
r
{ Total Div.No.3
9Q
(
2.975,100
7 73,(54 4
284,000
00,009
1,150.35 :
ta.)
1 6,8.7 nO
36,5 4( *
2,020
150,500
38,380
18,710
221, LOO
163,3 18
22.350
0 20
22,094
74,735
6 7,200
04.703
30,800
744,466
15,030
23.180
672,017
2,500
108.320
50,434
2.310
312,070
270,280
705,304
100.5 20
0.149,164
847
300
1,6 >l,
~
f Iowa
jj Minnesota
fa
®
9,735,000
47
0
91
10,140.000
1,5 "2,034
3,250,000
3,033,500
*2,858,500
733,372
St. Louis
Missouri, otli’r
Kansas
Nebraska
? Dakota
•
1
1,75/
1 17
....
40
54
2D 1
3,058,o< 0
2.140,000
35
,32,215
17,001,1 1 4
1
293.686
•
i
0,096,039
559,807
355,325
598,593
(5,749,7 1 9
8,243,401
9.(578,4 52
413,045
3,144.213
21,245,459
24.387,3)2
9,74)3,70 4
7,210,903
7,511,904
11,801,79(5
3,700,007
458,407
170,372
99,896
383,041
3u9,964
1 18,5 43
985,927
938,446
898,017
322,571
330,689
655,355
172,277
4,303,282
4,8 1 5,000
0,354,535
6",535,7o3
1
75,000
lO.Ooo
212,341
1
1,500,000
222,2(45
1,133,300
13
1,950.000
7
15
500, OoO
6.513,378
2,892,019
1,727/150
488,261
900.000
4255355
00,000
70,025
[ Total Div.No.7
37
5,0 AD.OOO
798.24 6
12, 4, (5,254
4-8.261
12,999,597
£ Arizona...
2
21
4
13
1. ,0,000
2,842
896,500
200,151
9,700,84i
366,359
4,6,3,(58 "
(8,"13
362,455
90,539
08.8 In
7,782,732
039,859
22,015
415,65 0
101,410
158,788
1.31,235
1,538,388
Total Div.No.O
r Nevada
^
m
339
....
San Francisco.
California,oth.
2 Oregon
.
£ Washington T.
•2 Colorado
©
Idaho
Montana
3
1.635,000
£ Utah
5
g Wyoming
4
525.000
^ New Mexico
(
6
..
50
Total Div.No.8
Total for IJ. S.
20,000
239,500
158,214
250,000
1,650,500
550,000
000,000
5.3(5' >,50i
STATEMENT
Totals for Hkskhve
1
Bonds r-.-r circulation..
Other LT
i
S
!
^
i
‘2O05;
19 2"
5'52
S' 72;
1 2 32
•11
•19
•03
'37
i *0(>
•21
Clearing llou-eexch's.
U. S. ctfs. of deposit....
<i-n!
Due from U. S. Treas..
i '(c:
2
Other
111'
;{<)7
«»*-n
191 72
Hi 1.-2 1
Ji'olj
Undivided protits
l 1
'88j '* 1
t»'8o| j
'to'
-l"
S'5."i
:l ’•.)
Other liabilities
Tota's
:J0-07ji
•25
(
191
72!
1(5 2
40
11,277
1,730
5,000
5,408
1,150
51,653
150.659
10,9()o
1,1.13,014
69.880
CITIES,
7‘2,t>05
15,688
TOTALS.
ANI)
f, :'S)
|
25 2,150
9,141. 100 2.735.2nd 89, (>87,626
l id
s
~^'3
§
•
A
O
•00
-19
*37
l T9
1(51
•44,
T3'
%37
-23'
T4
•24
•2 s
•09
'13
•20
:29
’25
•4.5
,>01
•Si
.>2
•99
•U7.
TO
•05
•07
TO
....
...
;
i
•42
T9
•02 j
TO;
•02
•0(3
-01
•02'
‘7(tJ
•01
•02
2 79'
no
Total
Olier
!
§3
Gita
cs
\
-.'2|
1 "37
•5-S5
*531
....
-gri
l 1 9 29
'0(5
•23
-84.
•0(5
•27
r> I
-‘-ii
•1C
S-29'
\ 1-87
-*
i o• *
5111
(-.-j
VJS'OO
27 ”20
51'O0
•09
"IS
*02
•02
•02
•02
•
2 3'8(5
2 4 TO
•01
n,)32
•01
V»'(57
•4
.
1 '79
(>' 17
i '84
T3
I '03
*4 1
S-w
•-J-83
•21
•01
'32
T3
•07
•52
'
•89
1 J»T7
30'91
1 0T(5
1
S-J'30
•.tt
19'07
26'49
25'32
9'14
2'73
7 7'71
27'02
1 '24
S3'54
1 1 42
•55
•()7
•03
•ot
•02
,■>•9*9
1 1'49
4107
17 48
•;>;(
•29
•78
•3)
•17
T 1
•01
•in
•01
*)■ ID
1 9 0 ’>
•>9'12
•57
1'1(5
:| 1
TO
....
F52 Jfi 73 i 7 77 7(> 78 13'02
7'99 ! (>'90
,
3 75 1,096 97
t
,
299 84 2M96S1
:
1-17?'
•ok!
|v!'
"13:
"t •
<S2S
G'Ol
•(>2!
vJ’Ooj
G:»-29.'5,TTi, 1 S'.)1
17'"3
:?'9t
;>■ 7 >
ti-93:
9'8i;
■>)]■
•••j
2 1 ii'51 1 i:>'29 LST9
I ; T
;>'2ti
tS'531
i
.-{•55
vKA
11
>
.
2t '(51
•49
Li
r>'«K'
1 TV
•03
7342
‘20917
•08
IT2! ;{'5>:
•ni
122'22
•31
1 S'3
'21
4(>T0
S(>'95
T5
1
•
v>7'02
to,!
•08•a;
•. j
J
T2;
-3!’
•07
I -23
•Ot!
1-14
-3(51
TO
....;
'55'
1‘33,
•93
4
1*29
•2*5
,
'
>j
3(51
j
'13,
....
to'
-oil
• 13]
34,372
51,300
76,381,871 20,480.
1
27,133
190
1,000
100
8,200
■J'OO
V»'9.'i;
9*0U!
7 1-39
7,80o
31,239
22.204
280
.
!i'22
•31!
Due to dep sitors
Due to banks
3,456
703,090
S'8(5
'}•!’!
1 '5(>:
6.4*30
5,222
•17
S'Sf*,1
II'Oil
09,7 L7
11,532
1*37
-401
2 t '32
5,OliO
‘45
is:o;V
Circulation
98.645
;{i2
i -so1
10,060
•99
;
J 9 35
146,21 7
•07
i
oO'fiaj
32.120
07:
Lioljilities.
Capital stock
Surplus fund
2,454.386
r
!
•()
■92
•1 o
g
3
-12;
60. t
to
5
1
•so
•!1y
•07
i
1 j350
610
RESERVE
-3
•30
•is.
•
;{-83:
-23;
i
40,771
30,920
*78!
-20
I'l'.o
-71
1
1.0 to
2,390
•70;
•19
•12
^
! ^
331.143
T:5!
731 21) ■()!*’
National bank notes
Totals..
2
£
1,523
46,209
21,692
28,090
'(10
,*1'53
-37
•JO‘53
THE
2,088
-
920,290
624,158
‘Or!
'S3
notes
resources
I
l'3.s:
•17;
1
'to!
*r>9i
't'5
•to
1
•03:
Silver certillcutes
OP
10,330
57,349
Mil's.. Mil’s.' Mil's. Mil's. Mil's. Mil's. Mil's. Mil's. Mil's. Mil's. Millions. Mill Ians. Millions.
(> l 3'90
7 1 9'53 1 333 43
t)'70
•*•22 l O is! S'05 30T-5 1.0 9*1 1 1'53
S'0;5
101
2-or>
33684
-93
■w
•SS
TO
•50
2 IS 72
•73
*533. .-{•03
S.Vi‘2
(>'82
l.r,
3*70
•54
•3)
'20
*91
1 S'45
•21
*43
•55
'55
1 4-25
105
1 -:t0
1'Ot
'2
17,67 (5.09 1
•
Mil's.
•J-7't;
Gold Treasury cert’s...
..
1-52;
Mil's.
•33
a-0»i
1,291,509
1,590,113
29,650
549,145
14,000
155-91 *-57*0(5 27-2V>
It)'.o
7'00! (i'83,
■59
;{-0(5i
GtId coin
Gold Clear. 1 lousy ctfs.
Stiver coin
7 '23
7 50:
Rc-ul estate
Legal tender
MI'S.' Mill's.
*^'4ij 1 I 13
Due from banks
BANKS
=
!*
1715:
#5' -D
•501
Stocks, tx-nds. &c
NATIONAL
^
V5 7 ‘51i
1,111,500
1. "22476 1,333.433,23<
—
D
| Mid's. '
13-67!v>oO-S(5;
8. bonds
304,554
5,493,055
9 >5.5" (5
1
1.« (50.7 7 ,"8‘
TIIE
209,872
2,047,703
0,241,284
2,376,058
2,073.080
.3
Mill's.
llVxuurces.
78,574
:
r-
Loutts
1.375,4 18
,
3
CITIKS, &(’.
OP
1,351,714
18,7 90.98*
1,597,800
2.5H* 5is.472.344 140,0 1 7,0.1 s!
85,093,735
-
188,758
481,346
7(5,41-
1,122,780
213.750
67.000
i
l,v»29.50
.
1,412,637
1,021,768
1,794,649
491,557
2'73
9T0
!
•
1 1
‘>'05
*<>5
3'25
*«’>4
‘3i
1-50
n
3 35 to
Si "91
51S'47
146'OS
•1 1*07
67'45
22 O' 22
4S2T1
•OO
>; 1
•
•7(5
'05
L-30
•4 >
•j 5
•41
M2
'2 !
O'10
f '21
•71
T?
•45
'(;7
•07
77-H
'50
,>•2.5
(i'27
11 5
31 I'Sl
2’ 10
1 '01
'45.
•71
'.T
;-,r‘
2:s:i os
1 77
,T97 1 ‘{'97
5-29
.*{'05
•09
1 -85 t 905
•n
S'(57 ,‘}S'24
1'15 •2:{2*5
•<;.)
l l 52 :j(>'73 177;
/
•01
Tots
1 3 (5 2
7'9)l 105)9
29733
56079 l.O75'0O
46-33
2SO'0l
10-13
11 '90
3'75 1 ,09<>'97 1.-299 8I
'
June 14,
next.
^mrestmeuts
RAILROAD
INTELLIGENCE.
complete exhibit of the
Funded Debt ofStates and Cities and 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 with¬
out extra charge to all regular subscribers of the Chronicle•
Extra copies are sold to subscribers of the Chornicle at 50
cents each, and to others than subscribers at $1 per copy.
The Investors’ Supplement contains a
ANNUAL
REPORTS.
Railway.
(For the year ending Dec. 31, 1883.)
Mr. Abram S. Hewitt, President of this company, says in his
report: “ The revenue received from all sources amounted to
$172,968, showing a falling off from the receipts of the pre¬
vious year of $2,131.
The cost of maintaining and operating
the road, exclusive of taxes and interest, but including the
loss in operating the Watchung Branch, amounted to $172,763,
being an increase in the expenses of $18,074. The amount of
interest on floating debt was $11,080.
The practical result,
therefore, of the year’s business is that the deficit on the 31st
of December, !882, amounting to $152,936, has been increased
to $164,711, the latter being the amount of deficit on the 31st
of December, 1883.
This sum has been advanced to the com¬
pany—three-fourths by the New York Lake Erie & Western
Railroad Company and one-fourth by Cooper & Hewitt—and is
secured by an assignment (4* the tax liens and of the liens for
“It will
wages advanced for operating the road.”
* *
be observed that the earnings of the business just about sufficed
for the payment of the current expenses, and that the increase
in the deficit is practically the interest charge upon the floating
debt.
But solar as the operation of the road is concerned, the
maintenance of way in 1883 exceeded the expenditures of 1882
by $11,654. This additional expenditure is represented by an
increased mileage of steel rails, and of other improvements in
permanent way. During the present year the steel track will
be completed to Little Falls, or rather more than one-half the
total length of the road.
That the earnings do not increase is
due chiefly to the depression in the iron business, and to the
smaller receipts from the transportation of ice, which last year
was sold at a very low price.”
* * * “ The Legislature of
New Jersey, at its last session, enacted a new tax law, under
the operations of which it is hoped that this company may be
relieved from the burden of taxation, which, from the begin¬
ning, has weighed it down.”
New York & Greenwood Lake
COMPARATIVE STATEMENT
(PROFIT ANI) LOSS)
..
Working expenses
Net
earnings
Debits—
Interest
The terms
proposed by the Boston & Lowell Railroad
as follows:
It will pay to the Northern Road $38,355 iu gold, quarterly, as rent
the first payment to be made July 1,1884. It assumes also all taxes,
assessments and charges.
It will pay interest coupons upon the exist¬
ing first mortgage bonds of the Concord A Claremont Road, which
bonds amount to $500,000, and also interest coupons upon the first
mortgage bonds of the Petersboro A Hillsboro Road, which bonds amount
to $109,000. and will caucel the bonds at maturity upon receiving
therefor new bonds to the same amount at no higher rate of interest.
It M ill at its own expense maintain the properties in as good order as
thev now are; and will make no mortgare without sccur ng the above
conditions to all parties Concerned.
The terms of the lease with the
are
AND
Earnings
705
THE CHRONICLE,
1884.J
substantially
Bo." ton Concord & Monti cal Railroad are
Boston &
Lowell Company will, at its
substantially
us
follows: Tlie
maintain, pre¬
serve, and keep the property in good condition; a sum equal to 25 per
cent of the gross receipts of the Northern, the Concord A Claremont
own expense,
<y. H.). i lie Petersboro A Hillsboro, the Boston Concord A Montreal,
and the Fewigevassett Valley railroads, less $20(1,0(0 per annum,
shall be set aside for the Boston Concord A Montreal Railroad as rental
for its road and the Pcmigewassett Valley.
The. Boston A Lowell, in
consideration theroof, guarantees to tin- Boston Concord A Montreal
that the balance of the 25 per cent remaining after the deduction of
tlie $200,000 per annum shall be equal to the sum sufficient to pay tho
interest upon all the indebtedness of the lessor company and 6 per cent
on outstanding preferred stock
for the first year, and 5 per cent upon
the same for each succeeding year thereafter during the continuanc e of
the lease. Tfic ’essee company agrees to pay once in three months to
the lessor any difference bet ween the', rental provided for and the guar¬
antee given, and it is understood further that in ease the gross receipts
of the several roads exceed in amount in any one year $2,000,000, the
rental of the lessor shall not in such an event exceed 25 per cent of
said $2,000,000.
—At a meeting of the Boston Concord & Montreal Railroad,
June 12, it was voted to lease the line to the Boston & Lowell
corporation, and the President and Treasurer were authorized
to execute tlie same and make supplementary contracts if
to carry out the lease. The vote upon the question
7,675 in favor and 41(1 opposed.
necessary
was
Chicago Milwaukee & St. Paul.—This company has ap¬
plied to the Stock Exchange to list $800,000 5 per cent gold
bonds of its Chicago & Pacific Western Division.
Tlie com¬
pany in its application stated that it has furnished and
equipped forty miles additional road of said division since its
application under date of January 10. The above bonds are
issued to cover cost of road built at $20,000 a mile, and are
dated Jan. 1, 1881, and payable January, 1921.
Chicago & Northwestern.—The annual meeting of the
stockholders of the Chicago & Northwestern Railroad Company
and leased lines was held at the company’s office in Chicago.
There were 311,182 votes cast.
The following directors were
elected for a term of three years : Messrs. Wm. L. Scott, Erie,
Pa.; 0. J. Osborne, F. W. Vanderbilt, Jay Gould and H. McK.
Twombly, New York, and Anson Stager, Chicago. Mr. J. B.
Redlield was chosen a director for one year, to fill the unex¬
pired term of the late Augustus Schell. President Keep in¬
formed the meeting that the result of the operations of the
company for the fiscal year ending May 31 could not he accu¬
rately given at the present time. The accounts for May had
to be corrected and written up, so as to include the whole
year's business. This labor would require several weeks. A
general statement, however, based upon the ascertained oper¬
FOR 1SS2 AND 1883.
ations for eleven months, but estimating the business of May,
1882.
18S3.
would show that the gross earnings amounted to about $25,$175,100
$172,908
154,688
166,493 001,044, and the net results, after deducting all charges for the
year for operating, taxes, interest on bonds, and payments of
$6,475
$20,411
sinking funds, amounted to something over 9 per cent on all
the outstanding common and preferred capital stock of the
$11,980
$11,546
Unpaid taxes, State of Now Jersey
Loss, operating Watehung HR
5,950
6,570
6,269
$24,067
$18,249
company.
The subject of the
leased lines in Iowa;
purchase, by transfer of bonds, of the
namely, the Chicago Iowa & Nebraska
Railroad, the Cedar Rapids. A Missouri River Railroad and the
$11,774 Maple River Railroad, together with their tributary connec¬
Deticit
$3,655
tions, viz., .the Sioux City & Pacific Railroad, the Fremont
BALANCE SHEET (CONDENSED) DEC. 31, 1883.
Elkliorn & Missouri Valley Railroad, and the Missouri Valley
Dr.
To cost of road and equipment
$2,850 240 & Blair Railway & Bridge Company at the crossing of the
30,514
Other items
Missouri River, came up and was disposed of formally, a
161,711
Balance debit
."...
unanimous vote favoring their purchase.
This exchange of
stock will he finally consummated as soon as the necessary
papers and documents can he prepared.
A special meeting
First mortgage bonds
$900 000 will, however, he held June 26 to authorize an increase of the
Second mortgage bom Is
1,800,000 common
capital stock of the company, to be issued and used
Common stock
100,0t)0
Cooper A Hewitt, bond and mortgage
20,000 in exchange and payment for the capital stocks'of the Chicago
Iowa & Nebraska Railroad, the Cedar Rapids & Missouri River
Pay-rolls and vouchers audited
- 66,309
N. *Y. Lake Erie & Western RR., advances
109,( 85 Railroad and tlie
Maple River Railroad, making the amount
Cooper & Hewitt, advances, etc
12,972
Unpaio taxes, State of New Jersey
27,425 by which it is proposed to increase the capital stock $14,757,Various small items...
9,674 500 in addition to the present capital stock.
The directors
met and elected the following officers : President, Albert
$3,045,465
Keep; Vice-Presidents, M. L. Sykes and Marvin Ilughitt;
Balance
$16),711 Secretary and Treasurer, M. L. Sykes; Executive Committee,
Albert Keep, Wm. L. Scott, A. G. Dulman, C. M. Depew, H.
McK. Twombley, Samuel F. Barger and D. O. Mills.
Mr.
GENERAL INVESTMENT NEWS.
Twombly succeeds Mr. R. P. Flower.
Delaware Lackawanna & Western Leased Lines in New
Atchison Topeka & Santa Fe.—This company has given
notice to George H. Daniels, Commissioner of the Utah Pool, York.—The following statement has been obtained of the op¬
that at the expiration of 90 days from June 1 it will sever its erations of these lines for the quarter ending March 31, 1884,
Total debits
-
,...
connection with the Utah Pool, and that it will not remain in
any pool with the Union Pacific as
tions of that line can cut rates.
long
as
the Eastern
connec¬
Boston & Lowell—Northern—Boston Concord & Mon¬
treal.—A special meeting of the Boston & Lowell Railroad
stockholders, to act upon the proposed lease by that corpora¬
tion of the Northern Railroad of New Hampshire, the Peterboro & Hillsboro, the Concord & Claremont, and Boston Con¬
cord & Montreal railroads was held in Boston June 12.
After
some preliminary action it was decided to take a full ballot of
the
stockholders, the polls to remain open until Wednesday
from the returns made to the Railroad Commissioners of New
York State.
These leased lines include the Utica Chenango &
Susquehanna Valley, Greene Oswego & Syracuse, New York
Lackawanna & Western, Valley, and Cayuga & Susquehanna
railroads.
JsTATEMKXr OF THE EARNINGS, OFKRATING
FOR THE
Gross earnings Leased Lines in New
York State..
Operating expenses (excluding all taxes)
Net
EXPENSES
QUARTER ENDING MARCH
earnings from operation
Gross income from all sources
AND NET INCOMB
31, 1884.
$1,025,304
635,273
$990,030
$390,030
THE
706
CHRONICLE
Also that a syndicate of eight or ten members be formed, who
should pledge themselves to take bonds not taken by stock¬
DEDUCTIONS FliOM INCOME AS FOLLOWS:
Taxes on property used in operation of road
$2,843
Taxes on earning? anti capital stock
13,380
Taxes other than above
3.965
Rentals
485,484
holders, and upon the same terms, upon
505,678
$115,647
Lackawanna & Western lessee
Delaware Lackawanna Sc Western.—The Chicago Tribune
comments in forcible style upon a topic which the Chronicle
has discoursed on steadily for the past fifteen years, and will
continue to discourse on so long as the railroad companies with
stocks listed at the Stock Exchange decline to publish monthly
quarterly reports of their gross and net earnings.
the Delaware Lackawanna & Western:
Tribune says of
The
and he
its present
the
buy—or not to sell—Lackawanna to form their opinions as to value and
security from such vague and sibylistin utterances as this from a man
known at the most to few of them, aud with motives still less known to
to
It is a capital illustration of the torpid subserviency which
American stockholders have allowed themselves to drift into, and of
anyone.
rights of stockholders that
the generally dull appreciation of the
sueli a pauigraph could be seriously printed in any newspaper.
Why are not the accounts of the Lackawanna kept in
that
any stockholder may find out what the condition of the property
without hiring an interpreter, who for all lie knows may ho secretly in
the interests of the very men who may wish to mislead him f A stock
listed on a public exchange, which tlie public are asked to deal in and
invest in. which exists by virtue of public franchises, should keep the
such shape
is
public.informed of ira earnings and expenses by regular statements, and
its annual reports should be what those of very few American roads are,
clear and honest expositions of the a Hairs of the company. This is not a
bear ’ article on Lackawanna.
We know of no facts inconsistent with
Mr. Pylie’s statement that the road will continue to earn its present
dividends. Hut its withholding of information that belongs to stock¬
holders, and its blind and contusing annual leports, which even experts
declare it to be impossible .to understand, are representative of abuse
of American railway management; which, cannot be too plainly con¬
demned by the press.' There 1ms been too much of this kind of financier¬
ing in this country.”
Denver Sc Bio Grande.—This company's statement for
‘
April and for four months ending-April 30 is follows :
April.
/
1-St.
Earnings
Expenses
'
Net earnings..
.
\
,
Jan. 1 to April 30.
$1,8*1,961
$549,865
$536, 31
444,990
335,611
1/6:2 523
$101,895
$.6 >,690
$229,438
.
18*3.
1884.
1883.
$2,066.40?
1,341,140
$722,261
East Tennessee Virginia Sc Georgia.—The board of direct¬
of this railroad company met June 13, and authorized the
ors
following statements, estimating the months of May
Jane
and
:
Gross earnings July
Net earnings July 1,
I, 1*83, to July 1, 1884
lsS3, to July 1, 48*4
$4,158,015
1.736,413
charges, including interest on the floating
All fixed charges of the company falling
due in 1884 have been provided for, and will be paid as they
mature.
The entire floating debt of the company has been
provided for by the individual members of the board and their
f riends, who have extended the same over ten years, by taking
(> per cent debentures therefor at par.
There has been no
increase of floating debt during the past year, and there is no
reason to anticipate any in future.
Annual fixed
debt, $1,473,121.
Total unfunded liabilities, including ear
Car trust 4 ouds, included above
was on Wednesday elected President of the road, in
place of J, S. Rogers, who resigned. A. M. Quarrier, the
assistant to the President, and for years in charge of the
finance and counting department, was made Vice-President, to
take the place of Mr. Smith.
Heman Clark, -was elected a
director in place of James T. Woodward, whose resignation
was accepted.
Mr. Rogers and C. C. Baldwin, his predecessor
as President, both remain in the board.
Mr. Smith is 48 years
old, and has been connected with the road since 1865, with the
exception of three years, from 1878, when he was General
Freight Agent of the Baltimore & Ohio Railroad. Th2 board
of directors, at the meeting on Wednesday, took up the
question of issuing collateral trust debenture bonds to provide
for the floating debt, but postponed action to await the arrival
of W. F. Whitehead, one of the directors, who sailed from
Liverpool, June 12. An officer of the company declared that
the road was not insolvent, and no court could put it in the
hands of a receiver.
The only trouble was that a large
amount was borrowed, on call loans.
The creditors were
strong financially, and not disposed to press the loans, which
were amply secured.
The securities of the company held as
collateral for the loans were, even at the present market
values, in excess of the loans. The net earnings of the road
for the fiscal year ending June 39, with June estimated, were
$1,125,000 in excess of interest, rentals and taxes.
Railroad,
It is said in a New York financial dispatch that Mr. Percy Pvnc lias
made personal investigation into the condition of Lackawanna,
is fully satisfied that
company is able to continue to pay
dividends
* * * What a preposterous thing it is when you come to
think about it, that it should be necessary for the public who are asfced
“
Metropolitan Elevated.—Notice is given that a special
the com¬
pany No. 31 Broad Street, on Thursday, July 31, for the pur¬
pose of submitting the question of approval by the stockhold¬
ers of the provisional agreement entered into by the directors
of this company, June 5. 1884, with the Manhattan Railway
Company and the New York Elevated Railroad Company.
meeting of stockholders will be held at.the office of
Mexican Central.—The Boston Transcript of June 12 said:
Mexican Central sevens declined to 33.
The directors to-day
voted to adopt a funding scheme for the next three coupons
falling due.
;.
Total Northern Division
Southern Cenerai Division—
Main line, O tv of Mexico to Morelia
and San Miguel:
Branches
Total Southern Division
'
$31,672
6.715
Loss. 2.957
458
$153,912
$26,715
311
$177,056
$20,507
47
25.114
35S
$202,17->
4
5 4*
$20,961
bit)
$3
$ ty.ti; t>
reported
New York Lake Erie Sc Western.—The statement of gross
and net earnings for April and for seven months of the fiscal
year is given below, and the gross earnings this year include G8
cent of the earnings of the New York
per
Pennsylvania &
Ohio leased line, the other 32 per cent of the earnings of that
line being paid as rental.
The net earnings are correct, and
show the actual results to the N. Y. Lake E. & West. Company,
Net Feu 'll in as.Cross E ant in(/s.
as of April 1, 1884
$253,589
The interest charge to be met July 1, 1884, is $506,286. and
far this the company has the above surplus of $253,580, and the
—
—
/
1 8*2-*3
18*3-81.
$9,*3 $.65 >1
148,4'n
$2,309.11 1
1,727.434
39-MO 4
Ib8> 83.
$2.8*7 ,6ti0
•168 .970
.$12,702,275
$11,339.lt 15
$2,7< 1,875
$3,£56 .636
1*63-8 4.
Oct. 1 to March 31 .$10.977,*41
earnings of April, May and June, which will be at least
$323,385. giving a total of $576,074, while, the net earnings of
May and June are showing an increase over 1883, though only
net
Net.
$117.197
Total all Divisions
$1,836,075
1,582,486
Virginia Sc Georgia, falling due July 1, will be paid
by the Central Trust.
Elevated Railroads in New York.—Meetings of the stock¬
holders of the Manhattan and New York Elevated railway com¬
panies have been called at the offices, No. 71 Broadway, Sat¬
urday, June 14, to ratify the plan of settlement between those
two companies and the Metropolitan.
A meeting of the Metropolitan stockholders has been called
for July 31 to vote on the same subject.
Louisville Sc Nashville.—The directors held a meeting on
Monday to consider the plans submitted for a reorganization
of the company.
A full board was present with the exception
of one member, who is in Europe. None of the directors gave
any information as to what transpired at the meeting.
A
cable was placed before tlie board stating that representatives
of a large amount of stock held in Europe desired to he
present and participate in the proposed reorganization. With
a view to this, the plans of reorganization were postponed.
The plan for the relief
of the Louisville A Nashville
suggested by Mr. Jay Gould proposed' the pledging of the
securities in the treasury of the company, amounting to
$5,000,060, and the issuance of a collateral trust loan at 95,
having ten years to run and hearing 6 per cent interest, the
purchasers to receive an equal amount in stock as a bonus.
Cross.
Hites.
Northern Ccncral Division —
397
Main line, Corpus Christi to Saltillo..
Av. 61
Branches
Balance
Tennessee
earnings
Mexican National.—The exhibit of gross and net
March 31, 1884, is as follows:
for the quarter ending
1.642.399
estimated above at the same figures as last year.
The Central Trust Company is now the fiscal agent of the
company, and the coupons on all classes of bonds of tlie East
by the
coupons and $5,7(30,562 of Mexican Government subsidy certi¬
ficates. tin’s amount covering the scrip and its live years’ inter¬
The funding scheme gives general satisfaction, and ought
est.
to advance the bonds, as it leaves the company in perfect ease
until 1880, with a completed and earning.line.
Total liabilities, excluding ear trust bonds
$: ,582,466
Available resources, including only items that the Executive
Committee ami Vice President l'ink deem good for quick
cash..
$636,075
Cash paid for teu year certificates
1,200,060
Total cash resources
Deduct liabilities
The company will ask that these coupons, in
10 per
amount about $3,840,375, be now cut off, and live-year
cent scrip taken for them.
The scrip will he secured
$3,4 24,885
trust bonds
condition that the
members of the syndicate be admitted to the directory.
Mr. Milton H. Smith of Louisville, Ky., the First VicePresident and General Manager of the Louisville & Nashville
Loss to Delaware
or
[VOL. XXXVIII,
April
,,
Total 7 Dios
.
Clark of the New
York Sc New England Railroad Company has paid the full
amount of interest of the first mortgage bonds that matured
New York
Sc New England.—Receiver
January J, 1884.
A special meeting of stockholders is called for June 24 in
Boston to act on the plans heretofore published for tlie finan¬
cial relief of the company.'
New York West Shore Sc Buffalo. — This company has
been placed in the hands of ex-Judge Horace Russell and
Theodore Houston, as receivers, on the application of the
United States Trust Company, trustee of it* first mortgage
bonds. The order was granted in the first place on Saturday
night. June 7. hv Judge Charles F. Brown, of the Supreme
Court of this State, sitting at Ncwburg, and afterwards a
similar order was granted by Judge Nixon,. of the United
States Court, at Trenton, N. J.. who appointed the same
persons receivers of the property of the company within
the limits-of that State.
The officers of the company then
issued a statement about the receivership.
After reciting the
facts of the appointments the official statement continues :
The proceeding under which these appointments have been made is
one. to foreclose the. mortgage, but per.-mns who aae interested
in the
propcitv stale Hint some plan of rcorganiz ition is expected to ba
I agie< d upon horeaher. Should this be done llie foreclosure and sale
will not be nects*nrv. The gentlemen appointed aic well
! thereunder
known to the public.
Judge Russell was formerly a Justice o: tbeSuj peiior
Court in this city, Flis appointment as receiver was made in >.ho
]
'
interest ef the first mortgage bondhbid rs all of whom
sulted favoied it. He is a son-in-hav of Judge Hilton.
who were con¬
Mr. Theodore
June 14,
THE
1884.]
CHRONICLE.
Houston has been connected with the New York West Shore *fc Buffalo
Railway for several years, and is Vice-P esident of the company. He is
well known
expert accountant and has had ai extensive railroad
experience. He ia a native of Orange Comity in this State, and is a m in
of high character and acknowledged uM.ity.
rn J unary las*-, the North River Construction Company,
which had
built the West Shore road, went into the hands of a receiver, with a
•debt due to contractors and others of about $3.00 >.000.
It had sub¬
stantially completed the railway, and unlike many construction com¬
panies, it labored to complete a road as perfect in all its details as the
most approved methods of construction could accomplish—one that
could be operated at the least possible percentage of expenses. The
character of the railway is proof of how
thoroughly this purpose was
carried out.
The railway .company opened for business
through its entire line on
the first day of January last.
It had a year’s taxes to pay, considerable
expenditures to make in the way of supplying additional equipment,
•completing some of its stations and providing many convenieneies for
ad\antageowsly operating its trains. The money necessary for these
purposes had to be supplied from its daily receipts. These receipts,
though very satisfactory under the circumstances, have been inadequate
for the following reasons: It took some time to
perfect connections and
tratlic arrangements with the West, to secure a fair sha:e of the
through business. The tirst six months of the year are always the
pe¬
as an
riod of least revenue.
A disastrous war of raes has existed most of the
time,"and a rival railway has reduced the local freight ra es at com¬
peting points about one-half.
Arrangements were made in the month of May hv which it was be¬
lieved the company would raise sutlieient
money upon a second mort¬
gage bond to meet all the necessities of tne company, provided a ma¬
jority in interest of first mortgage bondholders would fund their
coupons for three years. The holders of only about $15,000,OuO lia-ve
thus far signed the funding agreement,
though signatures are coming
in daily, and no opposition to the fui
ding has developed. The recent
financial disturbances and the suits brought by creditors and stock hold¬
ers of the construction
company have made the raising of money upon
junior securities at present impossible unless at a sacrifice to which the
company ought not to submit.
It has therefore been deemed for the
best interests of all parties In ownership to place the
properties of the
company in the hands of receivers and under the protection of the
court, and await a revival of traffic, a restoration of rates and a recov¬
ery from the present financial depression. This will give time for per¬
fecting, under a more favorable condition of the markets, a
plan for
providing means for such moneys as the company may require.
The action
for the appointment of receivers is a
friendly
and the trustee of the first mortgage bonds resorted to it
only after the managers had abandoned their plan of relief by
one,
means
of the issue of
new
bonds.
Northern Pacific.- -In the statement of earnings
published
last week the heading over the last two columns should have
707
and expenses would be divided.
Where both companies cov¬
ered the same points, the division of business would be
by per¬
centages. The expenses of both organizations, Mr. Cummins
added, would be great ly reduced by the arrangement. Their
offices would be together at all points.
Mr. Cummins then
made the following statement of the extent and
plans of the
allied systems :
The union of these two companies brines umler one control about
9.00:> miles of pole lines, with about 55,00t) miles of wire now eonfpleted and in operation,and there will soon bo completed 3,000 miles more
of pole line and 21,000 miles additional
wire, making a total of 12,000
miles of pole line and 76,000 miles of wire. The united
companies will
have under this arrangement three lines between New York and
Boston;
three lines between New York, Phila
elpliia, Baltimore and Washington;
three lines between New York ami
Chicago, two lines between Chicago
and St. Louis one line from
Chicago to Sr. Paul and Minneapolis, one
line from Sr. Louis to Kansas City and
Omaha; a main line from Wash¬
ington to New Orleans through Richmond. Augusta, Atlanta and Mont¬
gomery, and also a iine extending from Richmond to Norfolk, and from
Columbus to Charleston, and trom
Augusta to Savannah; and a second
line to Atlanta by way of Cincinnati, Louisville, Nashville and
Chat
tanoogn.
One Chicago line runs direct by way of
Binghamton, Elmira and
Cleveland; another by way of Albany, Utica, Syracuse, Rochester, Buf¬
falo and Toledo; another
by way of Pittsburg, Columbus, Cincinnati
and Terre Haute.
There
are
two lines between
Buffilo and Pittsburg
main Chica olines,
and a line to Detroit.
One line to Roston is by way of New Haven and
Providence; another
by way of Hartford, and another by way of ‘Albany and Springfield.
There is also a second line from Richmond
by way of Lynchburg to
Augusta, and a large number of local lines in Pennsylvania, New York,
Massachusetts and other localities.
Tnis combination also includes a
complete stock quotation or ticker
through the oil regions; two lines to Toledo from the
system (the Commercial)
now
in operation in this city and Philadelphia,
and other cities; also a complete
and also scon to be started in Chicago
telephone system (the McDonough), being the recently-granted priority
by the Patent Office over the Bell. The whole forms a com¬
plete system of land lines and necessary adjuncts, which will Le operated
of invention
connection with the Bennett-Mackay ocean cables.
The Executive Committees of the two
companies will form
a joint committee for their united
management. E. Burton
Hart, John Anderson and Franklin Edwards have entered the
Bankers' & Merchants’ Board to represent
the Postal. They
m
took the places of W. W. Maris,
George
D. Houston.
In addition A. W.
Putnam Smith and S.
Dimock, G. S. Mott, the
President, and J. G. Case, the Treasurer of the Bankers' &
“July 1 to April 30/' instead of “January 1 to April 30'' Merchants' Company, will represent in that board the Postal
as published, the
interests. That gives the Postal a representation
earnings being for ten months instead of four, Company's
of six out of nine directors.
The Bankers’ & Merchants’ con¬
Pennsylvania Railroad — Pittsburg Fort Wayne & trols the American
Rapid
and
Telegraph Companies,
Chicago!—At Pittsburg, June 11, the Pennsylvania Railroad which will be operated with theSouthern
others.
Company filed a bill in equity in the Common Pleas Court
Union Pacific.—The April statement of tl e Union Pacific is
against the Pittsburg Fort Wayne and Chicago Railroad Com¬
the best that the company has yet made this
pany, to compel the latter to issue the balance of special guar¬
year.
The earn¬
anteed stock, alleged to have been agreed to under the lease of ings for April and for the four months of the fiscal year were
the latter's road.
The plaintiffs allege that they leased the de¬ as follows:
1
read
fendants’ line in 18(59 ; that pursuant to the terms of the lease
there was expended by the plaintiffs about
$10,0(58,413 ; that it
was also agreed that there should be issued
special stock called
the guaranteed special stock of the
Chicago Railroad Company, which
Pittsburg Fort Wayne &
1884.
Gross
Op.
April.
earnings.. $2,128,964
1,177,024
expenses.....
,
1883.
mo8.
,
-
$2,363,276
1,079,242
1884.
to April 30..
1883.
$7,188,553
4,887,9( 0
»
$J,34% 112
4,201,507
Net
earnings...
$951,939 $1,284,033
$2,300,592
$4,143,605
As to the exaggerated reports about the
company's indebt¬
edness to the Government, Mr. Dillon
says that the matters in
was to be Usued to the les¬
to the full amount of the expenditures made for
the improvements.
The defendants, until the summer of
1881, approved the statements and requisitions for improve¬ controversy will be adjudicated this fall, when it will be shown
that the Government is debtor to the
ments and additions and issued to the
company.
Mr. F. L.
Pennsylvania Railroad Ames states that the U.P.
floating
debt,
as reported to Congress,
the special stock.” In the summer of 1*81 the directors,
with¬ is made
up without faking into account the proper offsets, such
out authority from the stockholders, refused to issue more of
as cash on hand, bills and accounts
securities o"ker
the “guaranteed special stock.” The
Pennsylvania Railroad than investments, materials on hand,receivable,
The debt on March
etc.
Company in 1882. 1883 and the first four months of 1884 ex¬
pended an aggregate of $1,018,192, and therefore demands the 31, the date to which the Government examination extended,
was, allowing for offsets, about $3,500,000, instead of the gross
issue of guaranteed special stock to the amount of
$2,244,748. figures represented.
The Court was asked to compel the defendants to issue at once
The number of acres of land sold on the Nebraska division
the guaranteed special stock to the amount of $1,26
5,555, which from January 1 to June 1 was
1,647,024, and the amount
represents the balance of expenditures for work done, and that received was
$3,309,250. On the Kansas division the sales
a master be
appointed to decide the matter.
were 167,449 acres,
and the receipts $803,091. The land re¬
From this bill it would appear that the efforts to
compromise ceipts on the Nebraska division
go to pay off land grant bonds
and settle the differences between the Fort
Wayne and Penn¬ and 8 per cent
sinking funds.
sylvania railroad companies, for which several meetings have
Wabash St. I iOuis & Pacific.—At St. Louis, Mo., an
been held, were futile. The reason that the Fort
appli¬
Wayne peo¬ cation has been filed
in the United States Circuit Court
ple refused to issue the stock demanded was that it promised
by the
receivers of this Railroad, setting forth the
soon to exceed the amount of the
approximate
original stock and thus to amounts due
by the company for labor, supplies, mechanics’
give the lessees entire control of the road which they virtually
liens and taxes, and asking the court to decide what amount
own.
sees
at par
Philadelphia & Reading .—At Philadelphia, June 6. the
receivers tiled an application in the United States Court for
power to issue $2,000,000 of receivers’ certificates to meet im¬
mediate payments.
The arrangement with the Messrs. Drcxel
to pay
of receivers' certificates it would authorize them to issue. The
amount due for labor is stated at over $1,000,000, for material
and supplies at over $750,000, for taxes at over
$200,000, for
mechanics’ liens at over $35,000, or, in round numbers,
$2,000,000.
The certificates are to run not less than one nor more
than two }rears, to bear 7 per cent interest, and to be issued in
denominations of five, ten and twenty thousand dollars each.
the coupons of the consolidated loan of the company was
only binding for thirty days, and a portion of the receivers'
certificates will be put aside for that purpose.
They are to be disposed of at par and used as collateral for
Portland A Ogdenshurg.—The former decree
appointing raising money to pay the company's debts in the direction
General S. J. Anderson receiver of the Portland &
Ogdens- named above.
Western Union Telegraph.—The report for the quarter
burg Railroad, with power to issue certificates of indebted¬
ness to the amount of $100,000, lias been
enlarged by Judge ending June 30, 1884, shows that the report for the quarter
Gray to $200,000, the receiver to expend one-half the above ended March 31, 18.84, over-estimated the net revenues for that
amount on the New Hampshire division.
e approx lThe suit of the quarter by $15,742. The following table gives
Mercantile Trust Company of New York against the road will
compared
be heard
soon on
its merits.
Postal Telegraph Co.—Rankers’ & Merchants’.—The
Executive Committees of these companies have agreed upon a
contract for joint operation of their lines, and the Board of
Directors have approved it. Mr. Cummins, of the Postal Tele¬
graph, said to a New York Times reporter that the companies
would do business incommon, but the
organizations would be
kept separate. Mr. Mott would be the General Manager of
both companies. The contract was in the nature of a
pooling
arrangement, running for 25 years from June 7. The earnings
1884.
•
Net revenues of the quarter
Deduct interest ami sinking fund
144,000
Net income
Dividend of i % per cent on stock
$1,606,000
1,399.800
Surplus
Add nominal
$200,200
surplus March 31
Nominal surplus June 39
Approximate.
$1,750,060
;
1883.
Actual.
$1,639,897
126,700
$1,513,197
1,399,750
4,049,817
$113,447
3,545,242
$4,256,017
$3,658,689
; i?
r
l!.
;
;jj
[
f.
i 4
r
|
ff
f
;
H
THE CHRONICLE
708
[vol. xxxvrn
COTTON.
Commercial jinxes.
Friday
this evening
Night, June 13, 1884.
The feature of the past week has been the marked
in all staples of agriculture, under improved crop
There have been rains where rains
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
EPITOME:
COMMERCIAL
were
depression
accounts.
needed, and dry, warm
or excessive.
Official
weather where rains.had been abundant
and semi-official
cotton and
Friday, P. M., June 13, 1884.
•
reports of the condition and prospects of the
grain crops have been published and are given on
(June 13), the total receipts have reached 8,409
bales, against 12,584 bales last week, 8,129 bales the previous
week and 5,863 bales three weeks since; making the total
receipts since the 1st of September, 1883, 4,772,655 bales, against
5,669,156 bales for the same period of 1882-83, showing a
decrease since September 1, 1883, of 1,096,501 bales.
Mon.
Sal.
Receipts at—
Wed.
Tues.
Thurs.
Fri.
Total.
'
Galveston
165
502
....
....
....
65
352
419
99
261
7
40
32
1
22
8
3
2
38
718
3 Go
1.561
‘
The lower prices have led in some cases to a
moreactive movement for export, especially so in wheat. There
is a reported slight improvement in the coal and iron trades,
but generally trade partakes of between-season aspects.
The lard speculation has been quite dull, and recently prices
have declined. To-day there was a heavy selling movement,
under which values were further reduced, closing at 8 29c. for
July, 8*41c. for August and 8 49c. for September. Spot lard
is also lower, closing dull at 7*85@7*90c. for prime City, 8'20@
8*25c. for prime Western and 8*35@8 40c. for refined for the
another page.
Pork is also lower, but closes steadier at $16 75@
Continent.
and $18 25@$19 for clear back.
quite nominal. Cutraeats have sold rather more
freely, but at prices favoring buyers. Beef has remained dull,
but in beef hams there is a further advance, $28 50@$29.
Tallow and stearine are quiet. Butter is firmer at 18@23c. for
creamery. Cheese at a decline closes more active at 7@10%c.
for State factory. The following is a comparative summary
of aggregate exports from Nov. 1 to June 7.
$17 50 for
mess,
old and
new,
Bacon is
1883-84.
Pork, lbs
Bacon, lbs
Lard, lbs
24,973,GOO
220,845,757
123,183,155
Total lbs
Decr’se ’83-84.
4,649,600
50,072,347
20,275,820
more
but to-day there
419,005,579
74,997,767
active at an advance to 10c. for
sales of that grade at
.
options have advanced, with a good business at times, but the
close is dull and easy at 8*15@8‘25c. for June, 8*25@8’3oc. for
July, 8*40@8*45c. for August, 8*500 8*.mc. for September,
8*55@8,60c. for October, 8 GO08*65c. for November and 8*70c.@‘
8.75c. for December; mild grades have sold well at about steady
prices.
Tea has been dull and to a great extent nominal; the
tendency of prices is downward. Spices have been quiet, and
though foreign green fruits have sold well at firm prices,
were
dried have been dull and rather weak.
■
New Orleans...
Mobile
Florida
Rice has shown
no
....
....
140
1J2
...
....
Savannah
«...
....
.
-
5
5
159
*
....
150
90
55
542
'
Brunsw’k, Ac.
-
Pt.
Royal, Ac.
Wilmington
....
....
....
**
....
....
...
....
....
2r
25
71
208
....
9
....
1
12
A
....
....
796
9S
76
....
....
454
103
57
181
....
....
....
New York
Boston
3
O
Norfolk
West Point, Ac
28
....
....
—
Moreh’d C.,&c
....
105
1
Charleston
....
6
78
209
95
....
4
19
1.151
211
211
160
....
92
58
1,011
'
Baltimore
....
....
Philadelp’a, &c.
37
Totals this week
1,043
....
....
2.002
For comparison, we give the
....
....
6
19
713
569
....
593
917
917
1,668
1,730
3,485
8,409
following table showing the week’s
total receipts, the total since Sept.l, 1883, and the stock to-night,
and the same items for the corresponding periods of last year.
1882-83.
1883-84
Receipts to
June 13
Since Sep.
This
Since Sep.
Week.
1, 1883.
Week.
1, 1882.
718
Galveston
New Orleans...
589.113
8,473
:
1,561 1,510,045
159
Mobile
252,369
Charleston
208
410.672
1,086
564,254
24,502
91.691
25
126.902
4
12,588
50
1,151
577.082
2,471
211
221.858
375
160
107,275
45
1,011
178.170
2.245
917
2. >,903
2,802
19,414
793,366
226,512
137,016
137,089
61,618
105,77.-
WesCPoint,Ac
New York
Baltimore
13,410
806,273
5,508
12
C., Ac
Boston
6,324
1,867
Wilmington....
Norfolk
100.80S 119,624
6,411 1,642,592
435
310,201
13,697
....
21,530
__
651,491
8,084
Royal, &c.
M’head
16,877
25
Brunsw’k, Ac
1883.
5.671
819.844
4
542
Savannah
2.800
18
1881,
42,876
Florida
Pt.
Slock.
This
Indianola,&c.
371,007,312
Rio coffee has been
fair cargoes,
1882-83.
29,623.200
270,918,104
148,464,275
Indianola, &c.
11,257
......
1,327
5,007
3,026
5,378
SOS
1,858
1,726
24,716
.
......
-.....
282.196 209,347
6,140
IS,935
10,093,
6,983
7.160
5.501
909
1,730
60,608
change. Molasses has been dull, and fifty degrees test Cuba Philadelp’a.Av.
is now quoted at 15^c. Raw sugar has been dull and weak,
Total
8.409 4,772,655 21,573 5,369 156
424,727 430,825
closing with sales of centrifugal of 90 degrees test at 5'Cc.:
In order that comparison may be made with other years, we
fair refining is quoted at 4 13-16c. on the spot, and sold for
give
below the totals at leading ports for six seasons.
September to-day at as low as 4*9Pc.; refined Iirs been dull at
7^@7^c. for cut loaf and crushed, 6’ 206 9-16c. for granu¬ Receipts at— 1884
1883.
1830.
1879.
1882.
1881.
"
lated and 6 3-10c. for standard “A.”
In Kentucky tobacco the movement,
71S
572
522
1,496
2,818
3,462
both legitimate and Galvest’n,Ac.
New
Orleans.
1,561
7,023
1,194
2,407
6,411
4,146
speculative, lias been limited, but an undertone of steadiness
159
435
171
316
still pervades the situation; lugs, 7-^@8J4c.; leaf, 8}£@W±c. Mobile
1,216
1,175
542
703
Seed leaf has been extremely dull, and a slight irregularity Savannah....
722
1,680
1,367
2,254
has been noticed in prices; sales for the week 985 cases, em¬ Uharl’st’n, Ac
257
208
1,086
1,316
1,025
1,064
107
16
219
148
75
180
Wilm’gt’n,
Ac
bracing 200 cases crop 1883, Pennsylvania, for export, private
446
1,362
3.931
terms; 200 cases crop 1882. do., 5018c.; 100 cases crop 1881. Norfolk, Ac..
2,920
2,846
3,402
3,378
do., 9c.; 250 cases crop 1883, New England, 12l£@30c.; 50 All others....
2,814
6,005
3,843
9,168
9,500
cases crop 1882, Wisconsin Havana seed. 28@40e.; 85 cases
Tot. this w’k.
7.188
28,218
3,109
21,573
13,658
19,870
crop 1882, Ohio, 5;,^c., and 100 cases sundries, 47g@ 18c.; also,
400 bales Havana, 80c.@$1 15, and 200 bales Sumatra, SI 200 Since Sent, 1. 177 2,655! 5369,156! 4586,171 5622,692 4801.566 4114,610
$1 60.
Galveston includes Indianola; Charleston includes Port Royal, Ac.;
In naval stores, while there has been some speculative Wilmingtonincludes Morehead City, Ac.; Norfolk includes City Point. &o.
movement in both rosins and spirits turpentine, the legitimate
The exports for the week ending this evening reach a total
outlet has been quite indifferent, and to-day the former shows of 27,276 bales, of which 24,558 were to Great Britain, ——
weakness at $1 250 $1 32for strained to good strained, the to France and
2,718 to the rest of the Continent, while the
latter being quoted at 30340 30005 in yard. Refined petroleum stocks as made up this
evening are now 424,727 bales. Below
has dropped from 8}Jc. to 8c. for 70 Abel test, and the sales are the exports
for the week and since September 1, 1883.
for the week aggregate 125.000 bbls. at 83£@8c.; cases have
Week Ending June 13
I
;From Sept.. 1.1883, tc June 13. lk84.
declined to 8}4e. for cargoes, and have had a fair movement
Exported to—
j
Exported to—
to Japan, Calcutta and the Mediterranean.
Crude oil certifi¬
export4
Great j
Total
Great
Conticates have gone by the board very rapidly, and yesterday
Conti-j
from—
Yota,
Erit'n. Franc
nent.
Week. Britain. Fra, ce
nem.
G9c. was reached.
To-day there was an early improvement
368 530
to 73c., which was quickly lost, and 700c. was quoted; the
84,170
ialveston
249,580 34,706
final figures were 71 l;{c.
2,517
5,2:6 734 139 357,225 304.001. 1,395,305
Of metals, oils, hops and wool noth¬ New Orleans.. 2,099
57,53?
50.157
1,380
ing new can be mentioned, prices in many instances being Vlobiie
3,704
Florida
3,704
quite nominal.
*
357,799
Savannah
188,71?
155.040
13,436
In ocean freight-room the movement either in cereals, pro¬
Charleston
138.063 273,784
111,219 24,497
visions oiv in general merchandise has been quite moderate,
47,242
43.413
Wilmington..
3,829
and yet, looking over the week, it will be noticed that, as a
274.510
■iorfolkt.—
20,588
253,922
ule, rates have remained about steady. The same remarks will New York
483.347
201
S3.081
18,103 370,264 30,002
17,90}
Apply to charter room, and particularly to oil tonnage. To-day Boston...
3,423 109 500
100.143
2,221
2,221
50,572 107,121
grain was taken to Liverpool by steam at 3d.; bacon, 20s.; B dtimore....
1,733
10S.651
3,733
1,898
90,919
3,638
grain to Hull by steam, 3041; do. to London by steam, 3 0d.; Palladelp’a.&c
,
93 231
do. to Glasgow by steam, 4?i: flour, 12s. 6d.; grain to Antwerp
3,635.424
24 578
887.473
rotal
2,718 27,276 2,266,12? 401,824
by steam, 3}^d.; do. to Hamburg by steam, 40 pfennigs; refined
Total 18S2-K3 35 4P0
0 239 41.735'2.7?6.09l,418.062 1.34-.411 4 492.504
petroleum to Liverpool. 2s. 6d (July clearance); crude to Cette
Includes exports irom Port Royal, Ac.
or Marseilles, 2s. 10)^1.: cases to Calcutta,
+ Includes exports from West Point. Ac.
1934c.
“
.
......
......
...
.....
...
•••••■
......
•
•
•
•
•
•
•
•
......
......
......
......
......
••••••
......
......
.
......
•
...
•
.
...
.......
*
0
w A ii
THE CHRONICLE.
1884. ]
In addition to above exports, our
telegrams to-night also give
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the dailv and total sides.
the following amounts of cotton on shipboard, not cleared,
at the ports named.
We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.
us
CO
QTJOCtt
< T*.
$£
P
On
Great
Britain.
Shipboard, not cleared—for
an ©
Fi'ance.
Other
‘
Foreign
Ooastwise.
Total.
18,460
4,011
None.
None.
None.
2 f,02
None.
None.
None.
None.
None.
5.500
2.500
None.
None.
None.
Total 1881.
as.
©
tf
I
23.G62
23,886
76,922
None.
131
200
6,324
None.
None.
131
200
43
683
None.
None.
11,450
2,500
2,892
1,127
3,426
1,043
270.746
21.152
4,011
5,999
2,423
41,095
383,632
21,603
60
8,671
1.630
5.517
5,845 !
1,924 1
29,138
32,962
4 01.687
16,850
5,950
2,245
683
© ®
•
•
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:
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.
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;
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.
£*»■* 0: p
2
%2.p p
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sr © ® p
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3D
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&
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S£g
•
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X
arsy o
2. £.5
©
^
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£D e-t- S
•
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1,366
......
Total 1883
Total 1882
49
None.
None.
None.
None.
None.
i ®
5*
.....
New Orleans....
Mobile
Charleston
Savannah
Galveston
Norfolk
New York
Other ports
*
C OD -
®
Lean in^
Stock.
g2lf
tr
<X
m
o-ag-e
2-Eg1
®£:
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01
JUNE 13,AT—
709
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361 8*8
The
speculation in cotton for future delivery at this market
only moderately active during the week under re¬
view, at some decline in prices. Saturday last was, however
quite buoyant, on the reiterated reports of excessiv e rain and
damage by floods in the Southwest, and some revival of con.
fidence strengthening the views of speculative holders.
On
Monday, the report of the National Cotton Exchange appeared,
and there was a return of good weather in the
Southwest, un¬
der which there were sales to realize, causing a downward ten¬
dency to the close of Tuesday's business. On Wednesday, the
report of the Agricultural Bureau appeared, and being re¬
garded as more favorable than had been expected, caused a
continuance of the selling movement.
On Thursday, there
was a steadier market till near the
close, when selling orders
from New Orleans, growing out of a failure in that
market,
caused a further decline of a few points.
To-day there was
very little change, and the close was quiet. As compared with
last Friday, June is 4 points lower; the other months
9@ 12
points lower. Cotton on the spot was advanced l-10c. on Sat¬
urday, and remained without change to the close of yesterterday's business. The demand has been fair for export, but
business for home consumption was quite moderate. To-day,
the market was easier, but not quotably lower; middling
up¬
lands IlfgC.
The total sales for forwarddelivery for the week are .284,200
bales. For immediate delivery the total sales foot up this week
12,412 bales, including 10,550 for export, 1.SG2 for consumption,
for speculation and — in transit.
Of the above, — bales
were to arrive.
The following are the official quotations for
each day of the past week.
has been
h-*
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—
June 13.
Sat.
NEW ORLEANS.
MotijToen
|
Ordin’y-^lb 938
9%
Strict Ord.. 9
>4
Good Ord.. 105*3
10%
Str. G’d Ord 11
11
Low Midd’g uq
11%
Str.L’w Mid n7u> n
1
Sal. ! Mon Tue«
!
11%
il%
12%
Midd’g Fair 12%
12%
Fair
13%
13%
| Wed
Ordin’y.^lb -930
i
t
1
|
!
Sat.
9%
9%
9% ! 9%
9%
tibtjQ 10% 6 !1O%0 |1O%0 10110
10%
10%
10%
10%
10%
11
11 %
>1%
’ll it n%
11%
11%
11 %
11%
11%
11%
12%
12%
12%
13%
12%
12 34
13%
12%
12%
,12%
12 64
,1234
13%
13%
Til.
Frl.
9%
9%
:
10%
11%
1 j
11%
11%
12%
12%
12 34
13%
12%
12%.
Wed
Strict Ord.. 9F*]6 Ola,. | 9i0ts
Good Ord.. 1050
10%' 10%
Str. G’d Ord 11
11
11
Low Midd’g 11M
11%
|1114
;ii50
Good Mid.. 1170
8tr, G’d Midi 2^
|1170
! 12%
M’.dd’g Fair. 12*3
1 12%
Fair
13%
11%
11%
12%
12%
13%
13%
i
11%
112%
jll%
12%
1123ft
J12 34
113%
.
j Til. | Fri. ; W ed
1 9 50 i 9 58 i 9%
9%
10%e |lb%e 10%g ,101,0
10% ! 10% J0% ' 10%
11% 111%
11%
11%
11%
11%
11
%
: 11 %
Low
u
CO
1
0 0
O CO
©
©0
©
'•»
%
O' O'
C
j
0
'■ -5
0
i
Ht:i1
^
1 & W«
—
— —
r- 1-
9
9
9
!
10%
11%
11%
10%
11%
1
© ©
© -
©
§
n
M
0 *—
Oo
CO
tox
--
©-1 * CD
© ©
—
,c
>
►— M
M M
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w
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to M
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so
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M M
coco
CO
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to CO
uu
© CO
h-1
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M M
M M
©
CM
*u©>
5c
c<
©
CD M
05 4-
13%
Frl.
11 %
11 %
11%
MM
M
>
M M
M tC
CO M
01
•
1
-
6
12%
©
12%
12%
w
.2*
1 ^
©
to
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If-
mm-- M
I
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to t o
M
lO
10
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to to
co-t
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^
to
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to to
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to '
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1 3
M —' 0 M
C
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k"7
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tOO'
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mm
to to
M
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—
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0; 4*
M O
©
^
rif
©
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4-W©W
&J
h-O'
M
O'
MM
1
03
Fri.
©
o
9
©
01%6 91110 9t%0
110%
10%
10%
11%
/—
M M
*
13%
9
11%
tc CO
r-' ►-*
MMcc*-*
©©OO
00 ao
I *
9
9Hlfi' 9i%6
[ 10%
MARKET
1234
13%
M
©© 00
MeC
-I
l
M M
ccc^
CC CO © c
%
11%
11%
12%
1230
12 34
13%
IU011 Tuts! Wed
11%
12%
12%
1234
13%
-1 GO
1 tyR
.
c ©
9%
1O%0
10%
11%
12%
12%
Sat.
9111 fl
Middling
Middling....
CO
CO 0
<
©
9?
10
9%
10%8
10%
11%
12%
12%
12%
13%
i
.v s>
r-*
1
12 34
Tit.
11%
11%
12%
12%
12%
13%
STAINED.
Good Ordinary....
Striot Good Ordinary
C.
M -•*
Btr.L’wMid,117lfi fibs 11%6 m%6 im,61111,0 li“ie 1U%6 niiig
Middling... n°8
^
MM
0 M
®
1O%0
10%
CC CD
i.
i
1
9%
lot
to
M—
i
1
01
1TI014. Tires
9%
I
toco
11 %
11% in %
11%
1H%6 lluie 1111 in '111%0 1H%0 nnlfl
11%
lie Ulie
Middling... U«8
Good Mid.. H7S
Str. G’d Mid 12%
TEXAS.
1
1
UPLANDS.
A © -A
1
'-‘CO*-1
Mo m
~
W W
©
K> to
CO
00
W
to
'
11%
-
<
co 03
Cl -4
2
i
CO
ao
I $; -:
Is;:
:
t ©: .*
*
«*TJ
CO
<
©
^
$
2* 1
_QO_
"►
>
©
AND SALES.
:
s
22
02
1 ©
!
CO
I
tu
■«
-s
:
-1
►
<
<
©
©
!
I
<1
The total sales and future deliveries each day during the
are indicated in the following statement.
For the con¬
venience of the reader we also add a column which shows at a
(
©:
:
I
:
week
glance how the market closed
on same
days.
*
HALES OF SPOT AND TRANSIT.
.rPOT MARKET
CLOSED.
j
|
ExVon- | Spec- TranA
port, sump ul'Vn\ sit. j
Includes sales in Septcndu r. IS-dL for September, 70,200; Soptemlier-Oclober, for October, 33-',00U; Sepieinber-Novem!>cr, for November,
:»0f>,8i>O; Seplt'inber-DeC'lnbe.r. for December, 800,5000; SepternberJec.u;.! v, for January, 2,8L7.9 jO; September-Febmary, for February,
FUTURES.
l
.
Delh
cries
.
+ota.. ; Sales
l.>‘!
I'h-
Quiet at %<; adv.
Mon
K, u: 11
F.nu
Tart-
1,050
!
Wed ’■'biuiy
*
i
Thun- Quuv and steady
.
Fn
.
2,200
230
2 11
40/
2 900
267
600
330
; 87
2,300
l.L'n-Jer
1,5 00
i
...
J
1.280 56.000
2,5 41 539.80o
2,‘U-7 LnOuO
3.167 56,200
930 16,700
1,887' 69,500
.....
:
....!
....;
.....
....j
....
..ii
j
’
'
Total'
10.530
daiiy <lmiv< rinst
"•'S
t
*
that
The Sales
on
ertven
whi eli
and
Prices
....
400
400
100
400
1.000
i
12, ti 2 234,200
abovu are actually
are re parted.
ihey
ing comprehensive table.
1,862:
4i»0
delivered
t)i
3.000
e
day
Futures are shown by the follow¬
.In the statement will be found the
of
Sept.-mbeV
') !;
March, for March, 2,300.SCO; Septembcr-April,
\t .-Ii. i. .*>99.900; Sepiembcr-May. for May, 2,3(»2,2oo.
v.Tc have included in rhe above table, and shall cotuinue each
■ve-k to grive, the average price of futures each day for each month.
It
Wdl be f.uind under each day following the abbreviation “ Aver.”
The
riv
;
-i.o-'
for each month for the week is aiso given at boMom <d table.
Traio-iVi able Ordcrs-Snturday, 1170c.; Monday, 11 7oe; Tue.f-day,
ii o:-r.; Wednesday. 11 5.iC.; Thursday, ll-55c ; Frida.*, lime.
Short Notices for June—Saturday, J.l‘59c.; Mouila}, llaibc.; Friday,
'
11-50c.
^
.
The
01
T *
•21
•OS
following exchanges have been made during the week;
pd. to cxcli. 200 Sept, for July.
pd. to (xeh. 100 July ioi Aug 1
}>rl- to exch. 300 Nov. for Oct
to exch. 100 June for July.
pj.
17
pd.
pd.
•HI pd.
17 pd.
•15
to exch.
toexca.
to exch.
to exch.
100 3vpr. for Aug.
1. *00 July for Aug,
loo July lor Aug.
100 July for Aug
.
THE CHRONICLE.
710
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought down
Thursday evening. But to make the totals the complete
figures for to-niglit (June 13). we add the item of exports from
the United States, including in it the exports of Friday only.
to
1883.
93 s,000
1832.
1881.
967,000
906.000
50,700
67,200
50,300
963,000 1,038,700 1,034,200
3,900
4,000
2,200
51,300
27,200
67,000
50,000
40,':00
15,700
900
1,300
2,4 00
2,360
2,900
5,300
139,000
162,000
241,000
8,900
2,500
6,000
34,000
90,000
69,000
7,000
12.1)09
16,000
5,800
8,000
13,000
956,300
460,806
361,220
1884.
Stock at Liverpool
Stock at London
bales
899,000
61,000
.
Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
-Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
.
.
.
.
5,500
52,100
42,800
5,090
1,430
199,000
4,009
40,100
4,200
7,000
’
Total Continental stocks
237,000
392,800
.1,423,800 1,431,500 1,271,200 1,217,520
ropen
India cotton alloa
3
.
.
United States exports to-day.
409,000
137,000
24,000
394,850
62,500
366,000
254,000
45,000
430,825
87,983
7,000
361,000
70,000
15,000
424,727
43,190
2,000
.
3
296,000
326,000
45,000
399,984
88,232
2,700
2,400
2,339,717 2,622,308 2,300,950 2,175,436
Total visible supply
Of the above, the totals of American and other descriptions are as follows:
American—
5S 6,000
611.000
742,000
8
693,000
Liverpool stock
2 10,000
306.000
257,000
104,000
254,000
137,000
70,000
326,000
39 4,850
399,984
430,8-5
424,727
.
.
87,983
7,000
43,190
2,000
.
88,232
2,700
62,500
2,400
.1,456,917 1,778,808 :1 286,750 1,749,916
East Indian, Brazil, die.—
Liverpool stock
246,000
381,000
213,000
67,200
154,800
50,700
135.800
133.000
50.300
121,220
361,000
15,600
366,000
45,000
409,000
24,000
288,000
61,000
.
London stock
.
.
.
843.500 1.,014,200
725.520
882,800
.1,456,917 1,778,808 1,280,750 1,749,916
Total East India, &c.
Total American
(|g§r The imports into
2,339,717 2,622.308 2,300.950 2,475.436
5H16d.
67lt(d.
634d.
*
figures indicate a decrease in the cotton in sight
to-night of 282,591 bales as compared with the same date of
1883, an increase of 38,707 bales as compared with the corres¬
ponding date of 1882 and a decrease of 135,719 bales as
compared with 1881.
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
The above
period of 1882-83—is set out in detail in the following statement:
Co £3 c
"s CC C tt a: s>
j
g £ £^=--3
Ci
S - ’1
—
r*
L—*
;9?s£So;>
,n>
5
*
‘P
F*Cgf!
* -s
*
.
ST •
•
•
SB
CLOSING QUOTATIONS FOR MIDDLING COTTON ON-
Week ending
June 13.
Satur.
Mon.
Wednes.
Tucs.
Thurs.
(—1 1
s:;
tc >u>-*»—;
Ol
C» tC ^
•
V
«
rf-
to
V|
CCW*-*
o
H*
~
1138
1138
113s
1138
11%
1130
III4
11%
..
..
Receipts from the Plantations.—The following table isprepared for the purpose of indicating the actual movement each
week from the plantations.
Receipts at the outports are some¬
times misleading, as they are made up more largely one year
tlian another at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
RECEIPTS FROM PLANTATIONS.
Week
Receipts at the Ports.
1 St’h atlnterior
1882.
1
1
dino—
e
1883.
Mch. 28
54,033
86.999
April 4
44,467
32,229
29,800
33.606
78,708
72,935
66,527
59,244
48,761
“
11
“
25
18
•
May
2
“
9
34,423
25,881
1884.
18?2.
.
|
J
To'wns. Rec'pts from Plant’rw
1884
1883.
1882
I
1883.
1884.
74,024
33 311
62,809
10.9141
50.575
15.657; 127,630 147,942;
61.235
10,184;
8.694:115,435 133.872
5,863 101.018,125,565
75,822
16
20,864
43.976
13,981
38.539
“
30.
15,950
30.426
15.624
25,456
13.038
21,573
6
13
....
€8,8*89 i 21,249*
19,032 55,2441 14.78?
9,3)4; 40,095 19.166
36.021
12.757
27,229
98,960
23...
“
33.599
20,923 157,8J6 189,806
20.073 143,327 !04.aS3
“
June
52,8^4 233.182 268.971 141,236
37.001 215.944 257,152 125,394
30,113 201,717 239.461 110,068
30.274 180,281 213.029
“
90,791,
70,523
8.129! 93,5?5 114,679' 64,174
12,584 83,394 105,928, 56,1C 9
8,409' 72.4031 98,763' 50 355
li.Puj
23,3381
34,131
8/m 29,905
2.50 \
5,517
5,433
j
2.672! 14.410
tccoictc
—;
co
cc o
CC<X H--)t>i.
564
1,780
4 519
2,e05-
2.—That, although the receipts at the outports the past week
8,409 bales, the actual movement from plantations was
give the receipts from plantations in another form, and add
takings by Southern spinners to the same date,
substantially Ihe amount of cotton now in sight.
•' M£*
iu / cctc; co-*
CC
M
•
3.2SI
j 30.233;
19,540
16,103
12.C6S
14 0-3
The above statement shows—1. That the total receipts from
the plantations since September 1,. 1883, were 4,773,854 bales;
in 1882-83 were 5,951,434 bales; in 1881-82 were 4,013,154 bales,.
we
•
Fi'i.
11%
11%
n%~~
11%
11%
'
11513
11 H
Mobile
11 H
11%
11H'
11%
11%
Savannah....
ll^
11%
llbB
^11%
Charleston... Nominal. Nominal. Nominal. Nominal. Nominal. Nominal
1138
11 %
113Q
11%
-11%
1130
Wilmington..
Norfolk
1138
11%
1130
11%
11%
11%
Boston
11^
1134
1134
1134
1134
1134
Baltimore.
11 %
11%
1158
11%
H9ia
11%
u 7a
11%
11%
Philadelphia.
1178
1178
11%
lib)
11^
llbj
11%
11%
Augusta
11%
11%
1138
11%
11%
1130
Memphis..
UH
11 *4
St. Louis
11%
1U8
11%
1P4
11%
Cincinnati...
115r
11%
11^
11%
11%
11%
Louisville....
1138
11%
11%
1130
li%
11%
Galveston....
New Orleans.
to them the net overland movement to June 1, and
C
■
Amount of Cotton in Sight June 13.~In the table below
•
•
•
•
day of the past week.
2,07*5 hales.
o?°
:
SC
•
.
M
o-g
•
•
Quotations for Middling Cotton at Other Markets.—
in the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
only 2,055 bales, the balance being taken from the stocks at
the interior towns.
Last year the receipts from the plantations
for the same week were 14,410 bales and for 1882 they were
s*OgB
©£?. f 30 *
*
cc
■
!
time in 1882-83.
same
were
o£© =
Sg B n c 3*5
o
BgBpE<
©-
►—
ft)
090,599 bales less than for the
are
63lbd.
Continental ports this week have been
35,000 bales.
o
bales less tlian at the same period last year.
The receipts at
the same towns have been 2,494 bales less than the same week
last year, and since September 1 the receipts at all the towns-
.
supply
Liverpool
Total visible
Price Mid. Upl.,
296,000
45,000
.
[Vol. XXXVIII.
to
also the
to give-
so as
—-
1883-S4.
to to
o cc *-
co to cr.
>«- to cc
tP-
Opio;»CM*ji
loT- be occiLo
cc
-*l tC to
o
it--',' oesno
*-*
CO t)i00
tc GC
30
t2 CCOi
o rc Cl to -I QC C CC I- C -! CO CO C: CC CD tc
T.
to
t: tc
.x-
H*
CC C C.
o
c is c' c r. o.
Z2
.-!
i
-
cc
b
—*•
Ff- \
CO
c;
4-
k—*
i:-cx*Htc
cx —■ c *o; cr. o> >-*
M
i
X
CO
CO
1—4
o
i c
tc
r-*
—
G
CC CC
c
c
►—‘to
tc
to* 1
CX-' o
t .j
(f
*
H* ~
**'-
F—
X
-
C*
7-7i
to cc
CO
occ; co
cc cc c • c.11 c
jr
io^o
to M
t:■ •P' c •• J,
Oi
'hitcc cc **i cc — >—*
x c. — c c; c
.
.
>-■'
:
Ot;
|."
O
10
*—
>-i N3
cc C1* to o* •— cr ►— *-* to cr.
V*.
w*. -5- W.
I
-
.
k—«
?r!
I
O
1
^
C
1
C
<-
I
i-
tc
—
•ci* tc x tr. ct
I
t: to
.O — c to -^C'OCCOiVvl
ot co c; -i o x
CtCWUHC.-CC.tC**
to
ex' 17* 7-* 7* c;7i b i o V V.
*—
x
tc
CD C » 5C
t. v;
*
i tc
56,109'
Tot. receipts from plantat’ns 4,773,85 4 '5,951.431 4,613.15 4
562,100
Net overland to June 1
627,317: 441,333
Southern consumpt'n to June 1
280,0C0
224,000
300,000
5,680,801
rt
CY
C-.
CC V C X o (C
Y 7- Y.
V.
1,109
82,278!
5,615,954! 6, S7 S,7 51
493,632
190,000
5,278,48 7 6,369,433
Weather Reports by Telegraph.—There has been-.a very
favorable change in the weather conditions in the Southwest
during the "week, the heavy rains having been succeeded in
.
Y
c: i:
tc cc
tc
tC
Ol
1880-31.
compared with 1331-82 is 337,437 bales, Hud the decrease from 1330-31
is 753,419 bales.
tO CI
•-
1881-82.
It will be seen by the above that the decrease in amount in sight
to-night, as compared with last year, is 1.26J.797 bales, the increase as
cm co — *—* —- cc co
to cc-i x tc Ol CO
to -I to iK'C CC H-*0C)
MO’
|
26,933
1 l c to f—1 f—1 iC X CC ;C* : o
C:
m
u !
»r-
) •—1
tc
|
1
‘-‘CO
It- Ct QC 00 Ifc. CO to
CC O
h*
*tt!l
*)
tc
^
■
Ulterior stocks on June 13 in
excess of September 1
^ir-coo>'j-‘*-0(j-ccc5
—
to
CC >—■»—>—< it* •
cc x to c
;
cc ji — x co.
—‘WY
Total in sight June 13
tU
to
Iccoc-mc:
oc
%
1882-83.
Receipts at the ports to J'ne 13 1,772,655 5,869J 56; 4,536,171 5,622,692
g g to <J C W CC tc o»g t— CO
btC^jb %
ccxta-^i^iocco
n
M
»-•
tb.
^ oi *- a © t” ,x to
I-1
tC O' CC -■ CO I-1
>—
cm
x to
ot
a xcccx O't vc a c ^• iccc: c ccc
(H to CC U' CM ccotco cc ' I — X <X COC CM
great purt by dry and warm weather. In the Atlantic and
Gulf States beneficial rains have fallen, and generally the
promise is better than
some
a
week
ago.
complaints of wet weather
We notice, however, that
now being made in the
are
Atlantic States.
GaiCtston, Texas.—The weather has been warm and dry all
of the week.
Average thermometer S3, highest 89, lowest 74.
IndianoUi Texas.—We have had warm and dry weather
„
~
I to
io cc ex c
Co Cm ■£* :
xOCC
-
—
I
all the.week.
Good progress is being
fields of weeds.
The thermometer has
c
to
—
c^i-t
>—
—
CO
t
'tccc
*
—
J.
-
c:
00 cc
—
est
This year's limires estimated.
The above totals show that
tile creased during the week 5.21
c cr- “ c: to
c; - o_'—i x
to Cl C tc Ft*
1
o.<
1
— X
-
i
im •rior
ales and
are v
ight J
being 91 and the* lowest 72.
no rain during the week,
improving. Good progress is making
weeds. Considerable overflowed land
The thermometer has averaged 77,
Pahstine, Texas.—We have had
and crop prospects are
in clearing the fields of
has been re-planted.
ran cine from 02 to 89,
made in clearing the
averaged 80, the .high¬
June
THE
14,18S4J
CHRONICLE
hundredths.
Huntsville, Ttxas.—The weather has been warm and dry
during the week. Uplands crops are greatly improved by the
dry weather, but the overflowing bottoms, especially m the
Trinity Valley, have barely finished re-planting and a good deal
of land .will be thrown out altogether.
The thermometer has
ranged from 02 to 91, averaging 79.
Luting, Texas.—We have had no rain during the week, and
a good shower would be beneficial.
Crop accounts are more
favorable.
Average thermometer 82, highest 94 and low-
711
Average thermometer 70, highest 84 and low¬
est 09.
Columbia, South Carolina.—Telegram not received.
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
June 1.2, 1884, and June 14, 1S83.
The
'
•est
00.
881
New Orleans
Crop accounts
are
more
favorable
on
"the highlands.
..
Memphis
Brenham, Texas.—Warm and dry weather all the week.
re-planting has been done.
Nashville
The overflow has subsided and much
are
June 12, ’84.- June 14, ’o3
Above low-water mark.
Above low-water mark.
Shreveport....
Vicksburg
Fields
still in the grass, but good progress is being made in clear¬
Feet. lyich.
2
6
17
HI
4
0
Miss iug.
33
4
Feet.
2
27
27
16
39
Inch.
2
4
2
0
1
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-10ths of a foot
above 1871, or 10 feet above low-water mark at that
point.
ing them.
The thermometer has averaged 83, the highest
being 97 and the lowest 07.
Belton, Texas.—We have had no rain during the week.
Except in the overflowed valleys crops are doing well. The
India Cotton Movement from all Ports.
wheat harvest is turning out better than expected.
We have
The
thermometer has averaged 79, ranging from 01 to 94.
re-arranged our India service so as to make our reports more
Weatherford. Texas.—There has been no rain during the detailed and at the same time more accurate. We had found
week, and crop accounts are more favorable.
The wheat it impossible to keep out of our figures, as cabled to us for the
harvest is approaching completion with satisfactory results.
ports other than Bombay, cargoes which proved only to be
The thermometer has ranged from 59 to 93, averaging 78.
shipments from one India port to another. The plan now
Dallas, Texas.—Fortunately we have had no rain all the followed relieves us from the danger of this inaccuracy and
week, and things look a shade better. The overflows have keeps the totals correct. We first give the Bombay statement
subsided.
Much damage has been done, but nevertheless the for the week and year, bringing the figures down to June 12.
reported damage to crops is greatly exaggerated. The wheat
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
harvest is proceeding.
Railroads are again running. Much
Shipments this week- ] Shipment« since Jan. 1.Receipts.
re-planting has been done. Average thermometer 83, highest
fear Great j Conti98, lowest 05.
This
Since
Great ! ConliTotal.
Week.
New Orleans, Louisiana.—It has rained on three days of
Jan. 1.
BriVn.j nent. Total. ' Britain] nent.
the week, the rainfall reaching eighty-nine hundredths of an
1884 26,000 10.000 36,000 130.000 552,000
982.000 60,000 1,424,000
inch.
The thermometer has averaged 79.
1883 1S.O00 45.000 63,000 359,000 721.000 1,083.000 50.000 1.465.000
L882:
-31.000 31.000 = 648.000 491,000 1,142.000 33.000 1,466.000
Shreveport, Louisiana.—The weather during the week has
122.000 22,000 217.0001433.000
650.000 10.000 1,015,000
been very fair, with a light rain on the 9th, the rainfall,reach¬ 1^811
ing thirty hundredths of an inch. Crop prospects are much
According to the foregoing, Bombay appears to show an
improved. The thermomter lias ranged from 03 to 95.
increase compared with last year in the week’s receipts of
Vicksburg, Mississippi,—Telegram not received.
10,000 bales, and a decrease in shipments of 27.000 bales, and
Meridian. Mississippi.—It has rained on two days of the the shipments since January 1 show a decrease of 101,000 bales.
week.
The weather has been too cold, which is
injurious to The movement at Calcutta, Madras and other India ports for
the crop.
Cotton is reported to be covered with lice in many the last reported week and since the 1st of January, for two
localities. The thermometer has ranged from 58 to 92i
years, has been as follows.
“Other ports” cover Ceylon,
Greenville, Mississippi—Telegram not received.
Tutieorin, Kurrachee and Coconada.
Columbus, Mississippi.—It has been showery on three days,
and the remainder of the week has been cloudy. The rainfall
Shipments for the week.
Shipments since January 1.
reached thirty-two hundredths of an inch.
The thermometer
Great i Conti¬
Great
\
lias ranged from 58 to 87, averaging 74.
Total.
Total.
Britain.
nent.
Britain.
Continent.
Little Rock, A rkansas.—Telegram not received.
|
CalcuttaPine Bluffy Arkansas.'—Telegram not received.
1884
41.200
j
—
i
Fort Smith,
Arkansas.—Telegram not received.
Helena, Arkansas.—The weather has been pleasant but cool
during the week; with no rain. Crop accounts are more fa¬
vorable.
The thermometer has ranged from 01 to 80, aver¬
aging 73.
Newport, Arkansas.—Telegram not received.
Memphis, Tennessee.—We have had light sprinkles during
the week, the rainfall being inappreciable.
Good progress is
being made in clearing the fields of grass. The thermometer
has averaged 72*5, the highest being 89 and the lowest 59.
Nashville, Tenness e.—It has rained on six days of the week,
the rainfall reaching two inches and thirty-live hundredths.
The thermometer has averaged 70, ranging from 01 to 87.
Mobile, Alabama.—It has been showery on three days of
the week, and lias rained severely on one day.
The rainfall
reached two inches and seven hundredths.
The crop is devel¬
oping promisingly, but there is too much rain in some locali¬
ties.
The thermometer has ranged from 01 to 94,
averag¬
ing 70.
Montgomery, Alabama.—We have had delightful showers
on six days of the week, and the indications are that
they ex¬
tended over a wide surface, the rainfall reaching
ninety-six
hundredths of an inch. The crop is developing promisingly,
and the fields
are
clear of weeds.
The thermometer has
week, the rain 1 all re;;c
bund redfhs.
Wo art* havin',
i. o.;
■ter
1. highest 8:| ;md 1,
Sir. c 'lfidh,
Georgia. — W(- ]
the V, t. «‘k. tlio rain fail reaching
J iio t iierinomot *r has a\ *0 ai
low
•
i
U
frop
to
much
>
ra.m.
of
iv
rainfall
ram
on
18*3
the
da
on
17.500
6,000
4.4O0
40.800
13.000
163,C00
74,500
87.500
shipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
1881.
Shipments
to all
Europe
from—
Bombay
1883.
Since
Jan. 1.
This
week.
30,000
98 2.000
63,000 1,083.000
163,800
Total
1882.
This
week.
All other ports.
36,00) 1.145.80
•
Since
Jan. 1.
4,400,
This
Since
week.
Jan. 1.
31.000 1,142,000
o,300|
87,500
67.400 1.170.500
181, GOO
36.300 1,323.600
of
receive
we now
a
weekly cable of
years.
1882-83.
1883-81.
1881-82
Receipts icanrars*}—Thie week...
•2.000
2.610.000
Since Sept.
This !
! week.
■u
•
|
li
;
i
•an
ii
“d •
:md
The thermometer has ran./- Chnrifston.r South Carolina —
•ek. the rainfall cep
1)2
>U
fivo day- < >f the Wei
forty-live hundred!!
•Tin.*
h ?
thcrnimneb
r
ls
has
'i
2.000
2.25J.0C0
Since
This
Sept. 1.
week.
!
2.83 L.72a
This '■
week.
Since
Sept. 1.
n
Comment
Total Eurono :
!
-■
A
Cciu tar
•?'.
-I x
I-
very
i'i.-) n
ruj>
•U'*
on vs
.
51
t*
•the
.
Nights
w*:»t,
>
s-f.
,
rained -.a
m h an :
Week.
.'crag mg
t! V‘*
i
are
70.
days of
event v-fi ve
i
,
Liverpool
Since
Sept.
1.
i
] .000 2 Pe.OOO
i .001* 133,000
1.000 231.000
s 5,000
.24 2.700
114. .*> 71
•2.00(1 8 s 2.000*
1.000 316.000
117.571
is t
This statem
-
-
Exports
(bales'—
o
I
reaching
4.000
2,000
The above totals for the week show that the movement from
the ports other than Bombay is 4.400 bales less than same
week last year.
For the whole of India, therefore, the total
of:
i
Is.
inch and ninety him
the highe-u B-mg 91 and l!j
13,500
4,000
114,000
**900
3.500
Alexandria. Eyypl,
June 11.
i
Yen
17,600
5,500
corresponding -week of the previous two
iiy-sovon
Average thor- |,
.-se
1,000
,.
U
goiierailv
HL
averaged 73*. ranging from 05
AiPnga. Georgia.—It has vain,-'
and B still raining.
The gr>un
Total all—
1S84
i
n.at
4.GOO
4,500
the movements of cotton at Alexandria. Egypt. The following
are the receipts
and shipments for the past week and for the
wo.-t
accounts arc
cenh
1883
All others—
1884
1883
Liverpool and Alexandria,
i
03.
Augusta, Georgia —It has
the-
<]
13.000
Madras-
Alexandria Receipts and Shipments.—Through arrange¬
we.have made with Messrs. Davies, Benachi & Co., of
.
It has mined on every
-j! i ng t hree inc’hes and
10,000
ments
Macon. Georgia. — It lias rained on six days of the week, seit i:s still ci< uidy.
There are some cornto cu< >1 nights.
If the rail
rains continue
—
128,700
76,000
66,000
This last statement affords a very interesting comparison
the total movement for the three years at all India ports.
aver¬
aged < 3*4.
Selma, Alabama.—It has rained on six days of the week,
the rainfall reaching three inches and
seventy-five hundredths.
are having too much rain.
The thermometer has aver¬
aged 71, the highest being 83 and tin* lowest 01.
Mud'.son, Florida—Telegram not received.
verly on Thursday, and
plaint- of lice, owing
damage will result.
Col; / m b it s, Cm/y//a.
87,500'
4*400
9uo
3,500
•nt
shows that
June 11 were v.O'ii)
2,000 hales.
cantar-
:
the ro ceipts for the Week (•lining
nd tli' shipments.- to all Europe
*
51 ANCII ESTER 51 ARK F.T. —Our report received from Manchester
We give the prices of
.market is dull.
te-dav « elow
leave p vvi y.:s weeks’ prices for comp iris-.
to-night states that the
THE CHRONICLE.
712
1883.
1884.
32# Oi
Tuns
f:
a.
d.
a.
5
18 878 0 938 5
25 878 a 938 5
May
2 ssi a 9H 5
“
9 s»8 a 91s 5
“
16 8^8 a 9V5
“
23 8% 0 9x4 5
“
30 3%, a 9*45
June 6 334 a 914:5
“
13 834 a 9*4 5
April 813lft_95]6
“
“
8*4 lbs.
OotVn
Mid.
Shirtings.
TJplds
d.
8 k lbs.
Qop.
Shirtings.
Iwist.
4*2
03i6
8?i«a 9*4 5
ft
6*4
8k a 9k 5
8k a 9% 5
9
9
a7
a7
3
ga,6a 9k 5 10
858 a 9k 5 10
8^*16a99,6 5 10
07
a7
@7
07
4k
4k
4k
lk
5i*
5 82
6316
3
3
3
3
3
6316
lk
6* 16
8*e07
8*2 37
8 4 37
6k
6*4
06 L 6
63a
63s
<L
d.
8 '4i a
s.
9 k 5 10
su16a 9ki5
85R a
9k|5
a
9k 5
Ik
3
a7
3
9
®7* -lk
9
a7
lk
9
Our Cotton Acreage Report.—Our cotton acreage
bringing together the above totals and adding the average
weekly consumption up to this time for the two years:
d
d.
d.
s.
9 a7
d.
d
s.
10*207
11 a7
11^ ®7
10^®7
88? ®7
88j6>7
8*207
32#
more^striking comparison with last year is reached by
A
OotVn
Mid.
TJplc s
u«. xxxmi.
5k
ok
5k
~
1883-84.
Oct. 1 to June 1.
Bales
of 400 lbs. each.
000# omitted.
ok
Great
Conti¬
Britain
nent.
1832-83.
Total.
possible, to
344,
442.
2,3; a,
5,110,
82,
2,724,
139,
2,644,
5,363,
5k
2.320,
Supply
O
Cunsumpt’n 35 weeks ->o-o,
2,732,
2,343,
;2,S06,
2,502,
2,793,
5,0 8 9,
4.868,
2,298,
4.800,
295,
389,
6si,
304,
495,
789,
72,0
65,0
67,0
65,0
65,0
65,0
65,0
137,0
137,0
137,0
137,0
137,0
137,0
139,0
139,0
0
n 16
report
ensure
Spinners’ stock J’ue 1
early
delivery.
Cotton
Consumption
June
to
1.—By cable
have Mr. Ellison's cotton figures, brought down to
June 1.
The revised totals for last year have also been
received and are given for the purpose of comparison. The
takings by spinners, in actual bales and pounds, have been as
to-day
we
follows:
1
221,
IFeekly Consumption,
00s omitted.
In December
In
In
67,0
73,0
73,0
71,0
70,0
In October
In November
European
Total.
98,
Spinners’ stuck Oct. 1.
Takings to June 1 ... 2,722,
Parties desiring the cir¬
quantities, with their business card printed thereon,
should send in their orders as soon as
nent.
0*°16
D78
ok
ready about the 18th of June.
cular in
Conti¬
5**16
..
will be
Great
Britain
January
February'
67,0
61,0
66,0
66,0
71,0
Iu,March
73,0
I11
73.0
66,0
68,0.
7 3,0
6 5,0
April
In May
—
-
140,0 i
140,0 j138,0
136,0 1
137,0 |
139,0 i
72,0
141,0
72,0
72,0
72,0
72,0
72,0
141,0
72.0
67,0
67,0
foregoing shows that the actual weekly consumption
Europe during May was 141,000 bales of 400 lbs. each,
against 189,000 bales of the same weights at the corresponding
The
in
Great Britain.
From Oct. 1 to June 1.
Total.
Continent.
time last year.
For 1883-84.
2,532,000
Takings by' spinners...bales
430
Average weight of bales....
1,038,760,000
Takings in pounds
2,237,000
4,760,000
427
4vS*5
955,199,000 2,043,959.000
For 1882-83.
2,476,000
2,477,000
4,953,000
Takings by' spinners., .bales
440
426
433
Average weight of bales....
1,089,553,000 1,057,600.000 2,147,123,000
Takings in pounds
Report
Cotton Exchange on the
Cotton.—The National Cotton
National
the
of
Acreage and Condition of
Exchange issued on June 9th its first report on the cotton crop
under the plan adopted at the convention at Point Comfort.
The report is summarized as follows:
Taking a general view of the present season within the cotton belt,
“
it will be found from our returns that in all that section east of meridian
1S° west from Washington, which passes near New Orleans and Jack-
According to the above, the average weight of the del i veries son, Miss., au area of U1,765,OCO acres, and embracing Virginia, North
pounds per bale to June 1, against Carolina. South Carolina, Georgia, Florida, Alabama, Tennessee, and a
large part of the bottom lands of Mississippi, the early spring, though
440 pounds per bale during the same time last season.
The wet and cold, was followed by a dry May, with a range of the thermom¬
Continental deliveries average 427 pounds, against 42G pounds eter which, though quite unfavorable, was higher than last year.
Though the planting was late, pretty good stand's were obtained, the
last year, and for the whole of Europe the deliveries average fields"were well cultivated in May and are comuaratively free from
and the lands are mellow. Timely rains would go far to compen¬
428*5 pounds per bale, against 488 pounds during the same grass,
sate for the lateness of the planting.
This area, though embracing
about 6t per cent of the cotton acreage of the South, produced only
period hist season. In the following table we give the stock about
53 per cent of the crop in 1882-3.
held by the mills, their takings and their consumption, each
West of this line of longitude, embracing the bottom lands of Mis¬
month since October 1, all reduced to bales of 400 pounds each sissippi. all Arkansas, Louisiana and Texas, an area of 6.013,000 acres,
producing 47 per cent of the crop in 1882-3, the season has been ex¬
for this season and last season.
It is a very convenient and tremely unfavorable. The rainfall throughout the spring has been ex
cessive, retarding planting from two to four weeks, injuring the stands,
useful summary:
preventing farm work, overflowing the bottoms, washing up the young
plants that had come up, and setting the Helds in grass. The worst
conditions have prevailed in Texas—replanting has been resorted to
1883-84.
1882-83.
Oct. 1 to June 1.
largely, but in tbe latter-named State the flooding rains of June 2 and
in Great Britain is 430'
Bales of 400 lbs. each.
000s omitted.
Great
Conti¬
Britain.
nent.
Spinners’ stock Oct 1.
Takings in October...
98,
323,
344,
176,
442,
499,
Total supply
Consump. Oct., 4 wks.
421,
520,
292,
268.
941,
560,
Spinners’ stock Nov. 1
129,
252,
Takings in November.
386,
supply
Consump. Nov., 5 wks.
515,
Spinners’ stock Doc. 1
Takings iu December.
150,
Great
Conti¬
Britain.
nent.
Total.
|
Total.-
139,
149,
221,
382,
315,
288,
288,
603,
260,
548,
381,
°7 y
28',
335,
721,
387,
320,
55,
707,
414,
348,
360,
325,
762,
OSd,
54,
23,
351,
77,
652,
374,
260,
548,
82,
|
233,
1
—
|
*
4 have thrown back work, so that seeding is still going on.
eral condition of this area is, therefore, very unfavorable,
presenting the best chances for an average crop.
Taking the whole belt together, we find there has been no increase iu
acreage, with the condition of the crop on May 31 no better than last
year, which was lower than for several years. Labor is plentiful, and
no
compla nts are heard in
Agricultural
Agricultural Department at Washington issued on the 10th
inst. its report on cotton condition and acreage. The following
is what it says on the subject of acreage:
The returns of cotton planting made to the Department of Agriculture
indicate a tendency to increase of area, checked somewhat in the South¬
587,
1,102,
700,
248,
252,
301,
402,
549,
301,
393,
553,
Consump. Dec., 4 wks.
235,
268,
951,
553,
3t)Dj
Spinners’ stock Jan. 1
Takings in January/.
113,
285,
356,
398,
67,
UL
444,
800,
497,
390,
IS 1,
887,
supply
Consump. Jan., 5 wks.
557,
350,
641,
1,198,
680,
564,
360,
504,
325,-
1,068,
685,
Spinners’ stock Feb. 1
Takings in February.
207,
311,
282,
518,
629,
j
j
204,
336,
179,
347,
341,
383,
677,
Total supply
Consump. Feb., 4 wks.
554,
284,
593,
1447,
|
1,060,
548,
540,
277,
520,
264,
260,
537,
Spinners’ stock Mar. 1
Takings in March
270,
329,
599,
263,
260,
523,
Per *
519,
cl.
Total
supply
Total
330,
;
1
288,
1
333,
294,
627,
603,
623,
1,226,
292,
264.
511,
311,
359,
070,
321,
323,
641,
|
-
Total
supply
Consump.Mar., 4 wks.
Spinners’ stock Apr. 1
Takings in April
Total
supply'
Consump.April,5 wks
Spinners’ stock May 1
-Takings in May
Total
r
-
632,
662,
1,314,
365,
342,
707.
280,
i
j
549,
1.
!
260,
516,
203.
JO,
526,
429,
394,
|! 692,
357,
657,
310,
j
320,
340,
321,
641,
j .255,
5S7,
607,
j
1.072,
2S6.
!
267,
263,
335,
-317,
436,
supply'
Consump. May, 4 wks
6(U,
1,218,
590,
292,
272,
564,
| 286,
268,
Spinners’ stock June 1
2ll5.
369.
664.
1
465.
.
729,
.
304.
/
o3j
823.
1,319.
697,
652,
691,
1,343,
west by rains and inundations, and in North Carolina and Tennesse by
low temperature in the planting season.
Replanting was
prog¬
The
ress to some extent on the 1st of June, even in the lower latitudes.
still in
apparent increase is about 4 per cent.
It would have been larger with
a better planting season.
The comparison with the area of the previous
crop is as follows:
105
Virginia..
83 Mississippi
99
North Carolina—
101 Louisiana
Texas
105
106
South Carolina
1G6
Georgia
103 Arkansas.
101
Florida
104 Tennessee
80
Alabama
105 Missouri.
-
The Agricultural Department in this report lias not carried
out its percentages and given a statement in acres.
It did so
last year and, using its figures then published, and working out
its present percentages on them, we obtain the following :
1S33.
1884.
,
Acres.
1
Per
Georgia
103
Florida
104
105
2,740,500 103
105
102
North Carolina
101
South Carolina
jlOG
Alabama
:
Mississippi
Louisiana
99
Acre#.
ct.
’
45,650 90
1,060,500 100
1,716,140 102
2,959,190 101
263,320 99
83
Virginia
2,391,900
922,03
105
1882.
Per
Acres.
cent.
55,000 107
.
1.050,000
99
1,619,000
2,873,000
98
258,000
2,610,000
99
95
96
2,278,000 95
932/000 94
3,035,000 105
1,188,000 94
61,935
1,050,543
1,587,244
2,844,305
260,402
2,534,388
2,233,844
887,524
Texas
105
3,130,750 108
Arkansas
106
1,259,231
107
Tennessee
101
815,070
99
807,000
97
2,810,113
1,110,790
815,760
80
60,000
94
75,000
99
79,793
104 17,425,930 r103
16,780,000
Other States <fc Terri’s.
789,
relation thereto.”
Department’s Report on Acreage.—The
335,
Total
The gen¬
Arkansas
Total
97*4
16,276,691
THE CHRONICLE.
following is the report of the department
The
condition
on
:
The temperature of April was lower than the average throughout the
cotton States. Rainfall was deficient on the Atlantic coast,■ and slightly
less than normal in the Gulf St »tes. but. rains were excessive in May
throughout the S nth west, causing overflows of rivers, injuring stands
everywhere -and causing a large amount of re planting.
The latter part of May was warm and clear on a considerable
portion
of the Atlantic coast, causing rap d growth, and affording opportunity
for thorough weeding and clean cultivation. Li the West lL*kls are
grassy, and
chopping out ” not yet linislicd.
The season is one to two weeks late. The plants are
generally thrifty
and vigorous. The main cause of relatively low condition is want of
size, winch a few weeks of line weather may remedy, yet a continuance
of bad weather would now be disastrous beyond the
Mississippi.
The general average of condition is 87,
against 8b in June of last
89 in 1832. The figures by States
year and
Virginia,
90
North Carolina
South Carolina
9;*V
97
96
9;»
93
Georgia..'.
Florida
Alabama
A'UtK ULTURAE
Jv>: e
rx:
Condition
rv.
i
oo
’ri>
i
77
85
92
90
a
rH
c
t:
a
jn
Icc
r~<
rH
T—1
TO
r-<
.
i
No. Cur....
5)5
81
87
9(5
9:
98
87
Bo. Car
C
8 5«
\Y±
S3
104
94
...
187 .
?.
!
2
i
1
1
*2431
i
80
101
|
92
99
91
98
■
97
101
101
103
1
91
96
86
S:>
92
93
93
99
94
97
ID)
90
95
98
52
92 :
Alabama...
93
87-
9,5
102
96
96
101
50
91
!
1 01
Mississippi
S7
Si I
88
9 l
90
99
98
ill
Louisiana
92
91
90
90
97
95
TS
j
100
72
98
8.9
93
89
106
5) t
101
91
9o ;
Texas
7~
Arkansas..
85
Tennessee.
9-2
Average
87
RO
•
*
87
85
90
100
100
93
94
95
7.S
80
93
99
94
97
01
93
86
89
93
99
9.5
99
and
9 4
95
|
9(5
|
90
99
i
....
Acreage
Alabama.—
in
Mr. P. IT. Mell. Jr., of the Alabama
ture, furnishes
us
from which
have
we
Region.
a
1
8.
2....|
3 ...j
2.828
...!
5 23.
4
8,471
1,498
2,05 6
8.
2.101
“
5....|
“
(5.... 1
5J
7
1 0431
•0
!
3,530
2,0021
3,2361
“
...
7~|
1,772,
..
4.569
4.920
2,65t
2,316
4,100
3,327
2,215
5,049
8.
2,002
2.6911
2,903
1,865
2,013
2.913
8.
3,598
5,553;
3.105
2,903 i
2,190
‘55|5,S(U,779,4;579.073
Percentage of total
port
3.249
S.
j
2,439i
Total
2,694
3,731
2,720
4,127
868
4.748,373:4,392,277
2,301
3,481)
8.
5.605,021 ’4,785.180 4,407,122
I
veeipts J’ne 13
97-3-
97 02
95*12
95 67
99-11
to
June 13 in each of the y ears named.
Jcte Butts, Bagging, &c.—There has been a fair
demand
bagging since our last report and the market continues
steady. The demand is of a jobbing character, but the aggre¬
gate is good, for the season, and sellers are looking for a hotter
demand later on and are not
disposed to accept less than
quoted rates, which are 91 h*. for Dd lb., 10c. for 1% lb., IO-Jc.
for 2 lb. ana 11 ldc. for standard
grades. The market lias been
rather quiet for butts, and only a few small
transactions are
noted.
The prices are about steady, but
buyers were disposed
to hold off to see the result of the sale which took
place to-day.
The market closes at. 2l b'5)21.!'c. for
paper grades and 25g(h)3?gc.,.
with some sellers asking up to 3c.
The offer at auction was of
11,120 bales, and of the offer there was a portion withdrawn
and the balance was
disposed of at 21^@2p-gC. for butts 2-‘66@
2*07c. for rejections and ‘2’8j@2*87c. for
for
The average given above for all the States is
the average as
given by the Department.
Cotton Condition, Stand
“
1....I
1878-79.
receipts since Sept. 1 up to
to-night are now 1,089.121 bales less th in they were to the same
day of the mouth i i 1883 an l 192,1)82 bales more than they were
to the same day of the mouth in 1832.
Wo add to the table
the percentages of total port
receipts which had been received
...
.
“
1879-80.
This statement shows that the
Florida....
Georgia
“
-
compared with the reports
JL'
■
J’ne
1880-81,
My31j 4,702,7o 1 5, SI5,71214,551,308
ft7
.t
Louisiana
Texas
Arkansas
Tennessee
Missum i
i
-
Tot.
8.
DEPARTMENT'S JUNK CONDITION RE POUTS.
"
1883-91 ,.-1932-83. 1 1891-52.
are :
Mississippi.
The above statement of condition,
for previous years, is as follows :
713
lashes, bringing fairly
Department of Agricul¬ well up to market
figures.
report on cotton in Alabama for May,
The Exports of Cotton from New York this week
show ah
prepared the following:
increase, as compared with last week, the total reaching 18,106
bales, against 8,898 bales last week. Below we give our usual
Stand
table, showing the exports of cotton from New York, and their
Jere a ye
direction, for each of the last four weeks; also the total exports
compared ^Condition Number
and directions since
to an
September 1, 1883, and in the last column
for May. days late compared to
fast year.
the total for the same period
aeerayc.
of the previous year.
.
,
Metaim rpbie
Prairie
85
83
Exports
10
102
101
91
86
11
Coosa and outlying valleys
Teniiess/e Vailey
76
70
20
79
71
22
Lougleaf Pine
89
91
13
Coal Fields
Oak ami Pine Uplands
66
84
81
77
102
|
of
Cotton .'bales)
Absported to—
May
99
j
101
19
i
100
io
!
,
f
98
from
•D>
Liverpool
8.070
Other British ports
Total
Great Britain
to
New York since 8ept.
I. 18L-3.
Week
ending-
May
«Jane
29:
I
9,725
Same
,
j
5.
June
Total
»ince
previous
12
Sept. 1.
year.
period
8.418 16.300 319,058 476,094
350
1.605 21,206
4,876
8,070
9,725 8.703 17.905 370,261 450,970
Note.—Metamorpkic region embraces Chambers,
Coosa, Cle¬
burne, Lee. Elmore, Tallapoosa and Randolph counties.Clay,
Prairie region
Havre
includes Harbour, Bullock, Dallas.
33
98
Greene, Ilalc, Lowndes, Montgomery,
30,00 2 28.673
Other French ports
Marengo, Macon, Perry, Pickens, Russell, Sumter and Wilcox
100
counties.
Coosa and Outlyiny Valleys embraces
Cherokee, Calhoun, Etowah, St. Total French
Clair. Shelby and Talladega counties. Tennessee
33
08
30,002 29,773
Vallay includes Colbert,
1
Franklin. Lawrence, Limestone, Lauderdale,
Jackson, Madison, Morgan Bremen
and Marshall counties.
161
100
101
Lonylca f Pine region embraces Butler, Baldwin,
21.929!
56.137
Hamburg
Conecuh, Covington, Crenshaw.' Coffee, Clarke,
240
21,528 31,001
Choctaw, Dale. Escam¬ Other ports
bia. Geneva. Henry, Mobile,
Monroe,
33,725 55,389
27oj
Coal Fields includes Blount, Cullman,Pike and Washington comities.
Fayette, Lamar, Total to North. Europe
Marion. Walker, Winston, Jefferson and Tuscaloosa,
101
515!
101
De Kalb counties.
100,
Oak and
Cine Uplands includes
77,182| 112,527
Autauga, Chilton and Bibb counties.
Spain, Op’rto,Gil)ralt’r,&e
1
lOOj
3,067! 3,397
All other
Comparative Pout Receipts and Daily Crop
200
100
2,8 321
5,010
Movement.
-A comparison of the
port movement by weeks is not accurate, Total Spain, &o
290
J00
as the weeks in
100;
5,999
9,307
different years do not end on the same
day of Grand Total
the month. We have
8.404! 10,439! 8,898 18,106|483.347 !661,577
consequently' added to our other standing
tables a daily and monthly
statement, that the reader may
Tiie Following are the Gross Receipts of
Cotton at
constantly* have before him the data for seeing the exact relative New
York. Boston, Philadelphia and Baltimore for the
movement for the y*ears named. The
past
movement each month week, and since
ance
’
......
.
,
.
.
.
.
■.
'
1, 1883, has been
as
September 1, 1883.
follows.
New York.
Tear
1893
1882.
Beyinning September
1831.
!
Monthly
itceipts.
fcpt’mb’r
326,656
,016,092
990,581
.030.3S0 1,094,697
,059,653 1,112,536
tooembT
Itauary
ftbrnary.
.
Hard;
April.;
3 43,812
487,729
385,938
24 5,514
..
%
fctalyeai
hfc’tage
11 1,755
4
5,91s
752,827
595,598
492,772
291,519
185.523
429,777
853,195
1880.
Receipts
from—
1.
1879.
459,478
968,318
974,013;!,006,501
996,807 1,020,802
571,701
291,992
572,729,
257,099
476,532
147,595
284,246
1 1 3,573
190,051
487,727
New Orleans.'
333,643
888,492
942,272
956,464
647,110
447,919
261,913
288,818
689,264
779,237
893,661
618,727
560,82 l
303,955
159,025
110,0061
167.159
;
81.299
port
fay 31...
Savannah.
Mobile
96 43
91 47
Florida
9101
98-78-
i I us
week.
Since
This
Since
!
’This
Since
week.
Sept. 1.
i
!
week.
Sept. 1.
1,006
2,130
530,
i
;
i
37 r.
Baltimore.
Sept. 1.
330,1.13
..j
j
1.J
i Pair,a iielpii’a 1
20K,722'
151,730
505.
.
<>
67,03)
r
.
.
.
.
13,557
59,220
14,530
:
.....
...
So. Carolina.
No. Carolina..;
I
1,1th-';
21
9,008
15,323
25,135
Virginia
51,635;
North'r ports
00,33J
Tennessee. Ac
17,.«tsAI
Foreign
..
-
!
1D
4
4t.07l
i 86
|
84,*19
12
1.002:
49,857
29,549
J
.
This
vear-..
'
Last year...
i
11,753
Boston.
Since {
j Sept.
!
Texas
•
96 61
j
week.
1878
,752,791 5,815,712 4.551 903 5,549,410 4,748.873
4,392 277
tot.
This
!
5,521 l.OS'.SIg
1 1,70 ♦ 1
gSV-MS,
2.20(5|
113,586!
130,620
4, .16
510,612i
\my
,
I
175,138
086
i
September
214,058
2,443!
312,684
Shipping News.—The exports of cotton from the United
This statement shows that
up to May* 31 the receipts at the States 11 io
past week, as per latest mail returns, have reached
this year were 1,032,921 hales less than in
1882-83, and 22,881 hales. So far as the Southern
ports are concerned, these
^983 bales more than at the same time in 1881-82. By adding are the same exports reported by telegraph,
I*othe above totals to May 31 the
and published in
daily receipts since that tune, the Chronicle last Friday.
shall he able to reach an exact
With regard to New York we
comparison of the movement include the manifests of all vessels cleared
up to'Thursday
|‘°rthe different years. ggggy
night of this week.
THE CHRONICLE,
712
1883.
1884.
32# O*
Tiois
T
d.
4.
April 813ift—9&ie
8% lbs.
Oott'n
Mid.
Shirtings.
TJplds
938 5 11 ®7
“
93s 5 11*2^7
May
2 S3* a 9H!5 1012 3(7
“
9 3^8 o> 91^8 5 8^2 ®7
“
Hi 8^8 o> 9^5 8i2®7
“
23 83*
9H! 5 8^®7
“
812^7
30 8^4 7t
Juno 6 334 n 9i4‘5 8k>37
"
13 8 34
914 5 8 427
“
18 87s ^
25 87s
814 lbs.
32# (7op.
lwist.
<L
d.
d
d.
8.
5 10^®7
8.
d.
G3i6
87i0® 914
5
6j4
512
512
63,e
9J4 5
8I2
8I2 Tb 93a 5
61q
8916a 9V5
3
3
3
3
3
1
6316
85a ® 94 5
5
6I4
638
63S
*2
8^ ® 94'5
8iiie'3> 9H!5
6tL6
Mid.
Shirtings.
415
«;5ie
Oott'n
85r "3 94|5
85s ® 94 5
TJplcs
3
3
1883-84.
5^8
Oct. 1 to June 1.
|
5 ®8
i
558
Bales of 400 lbs. each.
000s omitted.
14
412; 534
4l2! 5i3ie
44
U
51o16
578
5
34
14
Our Cotton Acreage Report.—Our cotton acreage
A more^striking comparison with last year is reached by
bringing together the above totals and adding the average
weekly consumption up to this time for the two years:
d
d.
d.
8.
9 Tt>l
9 -®7
9
Tbl
10 '37
10 '37
10 @7
10 '37
9 37
9 '37
9 37
[Vol. XXXVIII.
report
ready about the 18th of June. Parties desiring the cir¬
cular in quantities, with their business card printed thereon,
should send in their orders as soon as possible, to ensure early
delivery.
European Cotton Consumption to June 1.—By cable
to-day we have Mr. Ellison’s cotton figures, brought down to
June 1.
The revised totals for last year have also been
received and are given for the purpose of comparison.
The
takings by spinners, in actual bales and pounds, have been as
will be
follows:
Great
Conti¬
Britain
nent.
1832-83.
Total.
Great
Conti¬
Britain
nent.
Total.
22l",
93,
Spinners’ stock Oct. 1.
Takings to June 1 ... 2,722,
344,
442,
2,383,
5,110,
2.320.
Supply
Consumpt’n 35 weeks 2,525,
2,732,
2,343,
5,552,
4.868,
2,806,
2,502:
2,298,
5,o89,
4.800,
295,
389,
634,
304,
435,
789,
72,0
65,0
67,0
65,0
65,0
65,0
65,0
137,0
137,0
Spinners’ stock J’ne 1
82,
2,724,
139,
2,644,
5,368,
2,783,
fl'cekl(j Cons amp!ion,
i
-
00s omitted.
73,0
73,0
71,0
70,0
In October
In November
In December
In
January
In February
April
In
In May
,
67,0
67,0
72,0
73,0
68,0
141,0
72,0
72,0
72,0
72,0
72,0
73,0
63,0
141,0
72.0
71,0
73,0
....
In March
140,0 !
140,0 i
138,0
136,0
137,0 |
139,0 1
67,0
66,0
66,0
66,0
137,0
137,0
137,0
137,0
139,0
-139,0
67,0
67,0
foregoing shows that the actual weekly consumption
Europe during May was 141,000 bales of 400 lbs. each,
against 139,000 bales of the same weights at the corresponding
The
in
Great Britain.
From Oct. 1 to June 1.
Continent.
Total.
time last year.
For 1883-84.
2,532,000
Takings by spinners., .bales
430
Average weight of bales....
1,088,760,000
Takings in pounds
2,237,000
4,764,000
427
•108*5
955,199,000 2,043,959.000
2,477,000
4,953,000
2,476,000
Takings by spinners., .bales
433
440
420
Average weight of bales....
1,089,553,000
1,057,600.00012,147,123,000
Takings in pbuuds
According to the above, the average weight of the deliveries
is 430 pounds per bale to June 1, against
440 pounds per bale during the same time last season. The
Continental deliveries average 427 pounds, against 426 pounds
last year, and for the whole of Europe the deliveries average
428*5 pounds per bale, against 433 pounds during the same
period last season. In the following table we give the stock
held by the mills, their takings and their consumption, each
month since October 1, all reduced to bales of 400 pounds each
for this season and last season.
It is a very convenient and
in Great Britain
useful summary:
1883-34.
Oct. 1 to June 1.
of 400 lbs. each.
1882-83.
Great
Conti-
Britain.
nent.
98,
323,
344,
176,
442,
499,
421,
292,
520,
941,
560,
315,
288,
Spinners’ stock Nov. 1
129,
252,
Takings in November.
386,
335,
381,
721,
27,
387,
515,
365,
587,
Consump. Nov., 5 wks.
Spinners’ stock Dec. 1
Takings in December.
150,
248,
252,
301,
Total supply
Consump. Dec., 4 wks.
398,
285,
553,
Spinners’stock Jan. 1
113,
444,
285,
356,
398,
January.'
supply
Consump. Jan., 5 wks.
557,
350,
641,
330,
1,198,
680,
Spinners’ stock Feb. 1
Takings in February.
207,
311,
518,
347,
oco
629,
Total supply
Consump. Feb., 4 wks.
554,
284,
593,
261,
Spinners’ stock Mar. 1
Takings in March
270,
329,
333,
294,
Total supply
Consump.Mar., 4
603,
623,
1 °‘2fi
A,
--D,
wks.j 292,
264,
511,
000s omitted.
Spinners’ stock Oct 1.
Takings in October...
Total
supply
Consump. Oet., 4 wks.
Total
supply
Takings in
Total
268.
335,
268,
603,
54S,
28,
320,
55,
707,
360,
348,
325,
762,
685,
402,
54,
23,
519,
301,
351,
652,
951,
553,
355,
288,
374,
729,
260,
548,
67,
497,
114,
390,
181,
564,
360,
504,
325,*
1,068,
685,
204,
336,
179,
341,
383,
677,
540,
5°0
277,
260,
263,
2S6,
260,
263,
j
519,
523,
!
2S6.
260,
1,072,
516,
|
•203,
263,
526.
’
429,
394,
923,
69 2,
657,
357.
310,
1,349,
697,
1,102,
700,
800,
548,
1,31 1.
Total
320,
!' 321,
S
supply
Consump. May, 4 wks
0
Spi infers’ stock J une 1
2ur>,
t
601,
f
292,
i
j
t
|
j
1
682,
|
'
707.-
607,
6
j
i
11,
1,218,
272,
564,
389.
6>4.
'
414,
599,
627, ■ ! !
632,
310,
j
1.147,
1
supply
Consuinp.April,5 wks
i
233,
260,
323,
267,
|
288,
321,
Spinners’ stock May 1
Takings in 51 ay
82,
221,
382,
670,
644,
342.
1
139,
149,
35',),
365.
Conti- • Total.
nent.
Britain.
311,
!
Great
Total.
Spinners’ stock Apr. 1
Takings in April
Total
Exchange on the
Cotton.—The National Cotton
National
the
of
Acreage and Condition of
Cotton
the cotton crop
plan adopted at the convention at Point Comfort.
report is summarized as follows:
Exchange issued on June 9th its first report on
For 1882-83.
Bales
Report
j
j
1
335,
255,
590,
286,
301.
.
f-r-T
'
* J
887,
The
Tallin# a general view of the present season within the cotton belt,
it will lie found from our returns that in all that section east of meridian
13° west from Washington, which passes near New Orleans and Jack“
Miss., an area of le,765,000 acres, and
Carolina. South Carolina, Georgia, Florida,
son,
embracing Virginia, North
Alabama, Tennessee, and a
large part of the bottom lands of Mississippi, the early spring, though
wet and cold, was followed by a dry May, with a range of the thermom¬
eter which, though quite unfavorable, was higher than last year.
Though the planting was late, pretty good stands were obtained, the
lields were well cultivated in May and are comoaratively free from
grass, and the lauds are mellow. Timely rains would go far to compen¬
sate for the lateness of the planting.
This area, though embracing
about 61 per cent of the cotton acreage of the South, produced only
about 53 per cent of the crop in 1882-3.
West of this line of longitude, embracing the bottom lands of Mis¬
sissippi. all Arkansas, Louisiana and Texas, an area of 0,013,000 acres,
producing 47 per cent of the crop in 1882-3, the season has been ex¬
tremely unfavorable. The raiufall throughout the spring has been ex
cessive, retarding planting from two to four weeks, injuring the stands,
preventing farm work, overflowing the bottoms, washing up the young
plants that had come up, and setting the lields in grass. The worst
conditions have prevailed in Texas—replanting has been resorted to
largely, but in the latter-named State the flooding rains of June 2 and
4 have thrown back work, so that seeding is still going on.
The gen¬
eral condition of this area is, therefore, very unfavorable, Arkansas
presenting the best chances for an average crop.
Takiug the whole belt together, we And there has beeu no increase in
acreage, with the condition of the crop on May 31 no better than last
year, which was lower than for several years. Labor is plentiful, and
ho cornpla nts are heard in relation thereto.”
Agricultural
Department’s Report on Acreage.—The
Agricultural Department at Washington issued on the 10th
inst. its report on cotton condition and acreage. The following
is what it says on the subject of acreage:
The returns of cotton planting made to the Department of Agriculture
indicate a tendency to ii crease of area, checked somewhat in the South¬
west by rains and inundations, and in' North Carolina and 'Jennesse by
low temperature in the planting season. Replanting was still in prog¬
ress to some extent on the 1st of June, even in the lower latitudes.
The
apparent increase is about 4 per cent.
It would have beeu larger with
a better planting season.
The comparison with the area of the previous
crop is as follows:
105
.*
83 Mississippi
Virginia
99
North Carolina
101 Louisiana
105
South Carolina
100 Texas
106
Georgia
103 Arkansas
101
101 Teunesseo
Florida
80
105 Missouri
Alabama
-
Department in this report has not carried
and given a statement in acres. It did so
last year and, using its figures then published, and working out
its present percentages on them, we obtain the following :
The Agricultural
out its percentages
1 060
1884.
1882.
1SS3.
537,
'
523,
5 49,
317,
436,
652.
Odj
1,313.
i
under the
69 T,
268,
55,,
4 95.
789,
Per
.
'
Acres.
83
Virginia
North (’arolina
101
South Carolina
1C 6
Georgia
103
Florida
104
Alabama
105
Mississippi
105
Fer
45,650
90
1,000,500)100
99
1,710,140:102
2,959,190 101
263,320 99
2,740,500 103
2,391,900 102
922,63 105
Texas
105
3.186,750 10s
Arkansas
106
1,259,23C
Tennessee
101
Louisiana
Other States <fc Terri’s.
Total
.
so
Acres.
ct.
cl.
107
815,070
95
60,000
94
Per
A
cres.
cent.
55,000 107
61,935
1.059,000
99
1,619,000
98
1,050,543
1,587,244
2,344,305
2,873,000
95
258,000
99
260,402
2,610,000
96
2,534,388
2,233,844
2,278,000 95
932,000 94
3,035,000 105
1,183,000 91
887,524
2,810,113
1,110,790
807,000
97
815,760
75,000
99
79,793
104 17,425,930 103 16,780,000
97*4'l 6,276,691
is the report of the department on condition :
Tie temperature of April was lower than the average throughout the
cotton States. Rainfall win deficient on the Atlantic coast, amt slightly
less than normal in the Gulf St ties, but rains were excessive in May
throughout the S uthwest, causing overflows of rivers, injuring stands
everywhere ami causing a large amount of re-planting.
The following
'
The latter part of May was warm and clear on a considerable portion
of the Atlantic coast, causing rap d growth, and affording opportunity
for thorough weeding and clean cultivation. In the West fields are
grnssy. ami t- chopping out ” not yet finished.
8
The season is one to two weeks late. The plants are generally thrifty
and vigorous. The main cause of relatively low condition is want of
size, wlreh a few weeks of fine weather may remedy, yet a continuance
of bad weather would now be disastrous beyond the Mississippi.
The general average of condition is 87, against 86 in June of last
year anil 81) in 1882. The figures by States are :
Texas
Arkansas
Tennessee
s.
72
77
85
92
Missoni i
00
1)0
Virginia
95
97
96
North Carolina,
South Carolina
Georgia
Florida
9b
93
Alabama
iUlS-lSSippl
Louisiana
The above statement of condition,
for previous years, is as follows :
AGRICULTURAL
Jn ne
CO
Condition
compared with the reports
-1
rH
o
•'/>
,r;
o>
oo
JT
X
iH
rH
a
x>
cc
•x
r-i
I—
o
■
....
9.3
No. Car....
|
1.
|
K
1
82
96
9:
93
87
80
HU |
92
S3
101
91
99
91
98
!
97
92
93
93
101
101
103
i
91
So. Car
97
sy
Georgia
96
86
s:>
...
187 . 1876
81
92
1881-32.
1382-3 J.
1833-8 l
1380-81.
1379-80.
1878-79.
Tot. My31 4.752,7 j 1 5.315,712 4,551,30s 5,549, IK 4,748,873 4.392,277
s.
8.
5,37‘
J’ne 1....
2,361 *
2,694
8,474
“
2....
2.056
*'
3
2.828
<*
...
4
1,493
8.
2,720
3.905
3,731
2.101
6.351
3.219
2.044
5,812
4.569
1.886
8.
4,127
523
,
2.316
8.
2,002
1.014
“
5....
868
4,920
2,65t
“
6....
5,17"
4,100
3,327
4.700
“
7
1 013
3,53.)
2,215
“
8
5.163
2.002
6,120
3,306
3.236
2,903
4,381
2.913
1,865
4.984
2,013
954
3.793
3,598
1,142
“
.
...
8.
...
9....
2,002
"
10....
713
“
11...
569
2,439
»<
D)
593
5,563
3.105
“
13....
3,489
2,90S
2,190
AW...
8.
S.
8.
1,557
5.049
833
2.691
S.
1.743
3,481
S.
875
i
«•
6,754
1,060
1,772,655 5,861.779 4,*579.67315.605,021 *4,785,180 4,107,122
Percentage of total
95-12
95 67
97-39911
9702
port veejpts J’ne 15
Total
..
receipts since Sept. 1 up to
to-night are now 1,089,121 bales less than they wore to the same
day of the month in 1333 an l 192,982 b iles more than they were
to the same day of the mouth in 1832.
We add to the table
the percentages of total port receipts which had been received
to June 13 in each of the years named.
#
This statement shows that the
DEPARTMENT'S JtTNK CONDITION REPORTS.
'*>)
713
CHRONICLE
THE
99
91
97
l0()
90
95
98
98
•~7
05
102
96
90
101
O
82
|
91
90
91
1
1 01
’;
Jcte Butts, Bagging, &c.—There has been a fair demand
for bagging since our last report and the market continues
The demand is of a jobbing character, hut the aggre¬
season, and sellers are looking for a better
s7
99
<)•> l 100
93
91
9 L
96
86
88
demand later on and are not disposed to accept less than
Mississippi
rs
90
95
95
97
72
91
98
90
S3 i
Louisiana
j quoted rates, which are 9*hi. for 1!£ lb., 10c. for 1}^ lb., 10:iqc.
n:>
91
96
for 2 lb. ana 11 lyc. for standard grades.
89
106
<H
101
77
S3
90 !
Texas
The market has been
100
S3
90
LOO
rather quiet for "butts, and only a few small transactions are
87
93
91
95 j .90
85
Arkansas..
noted. The prices are about steady, but buyers were disposed
99
93
99
94
92
78
so
97
91
93
Tennessee.
to hold off to see the result of the sale which took place to-day.
i
86
99
96
87
89
93
99
Average
! The market closes at 21hY&214c for paper grades and2^@2Jgc.,.
The offer at auction was of
The average given above for all the States is the average as with some sellers asking up to 3c.
11,120 bales, and of the offer there was a portion withdrawn
given by the Department.
and the balance was disposed of at 2lhy)25)je. for butts 2’66@
Cotton Condition, Stand and Acreage in Alabama.—
2*f»7c. for rejections and 2*85(a>2*S7c. for lashes, bringing fairly
Mr. P. JT. Mali, Jr., of the Alabama Department of Agricul¬ well
up to market figures.
ture, furnishes us a report on cotton in Alabama for May,
The Exports of Cotton from New York this week show ail
from which we have prepared the following:
increase, as compared with last week, the total reaching 18,106
bales, against <8,898 bales last week. Below we give our usual
table, showing the exports of cotton from New York, and their
Stand
J
A ere aye
direction, for each of the last four weeks; also the total exports
Condition
Xiimber
compared
Regi on.
and directions since September 1, 1883, and in the last column
compared
to
to a yi
for May. days late. last
the total for the same period of the previous year.
year.
a
Florida
—
Alabama
..
steady.
is goo:] for the
gate
.
•
....
.
rerage.
Exports of cotton .'balesi from New York since Sept. I, 18L3.
Met aim
85
S3
Prairie
91
Coosa and outlying valleys
rto
Term ess <
rphic
Valley
Lougleaf Pine
e
10
102
86
11
101
70
20
102
79
71
22
99
89
91
13
101
84
19
100
77
10
'
Oak and Pine
81
Uplands
Exported to—
Liverpool
Franklin, Lawrence, Limestone, Lauderdale, Jackson, Madison, Morgan
Longfcaf Pine region embraces Butler, Baldwin,
Conecuh. Covington, Crenshaw.' Coffee, Clarke, Choctaw, Dale, Escam¬
bia. Geneva. Henry, Mobile, Monroe, Pike ami Washington counties.
Coal Fields includes Blount, Cullman, Tuscaloosa, Fayette, Lamar,
Marion. Walker, Winston, Jefferson and De Kalb counties. Oak and
Pine Uplands includes Autauga, Chilton and Bibb counties.
and Marshall counties.
and
Daily Crop Movement.
comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of
the month.
We have consequently added to our other standing
tables a daily and monthly statement, that t-he reader may
as
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
since September 1, 1883, has been as follows.
to
Tear
1883
«,
1882.
January
.
487.72!)
February.
385,938
March
April
241,514
;
11 1.75 5
May....
TotalyeaC 1.752,791
Urc’tageof tot. po.3
receipt; May 31...
752,827
595,598
482,772
j
281,519
185,525
429,777
458,478
968,318
33
853,195
974,01311,006,501
996,807 1,020,802
487,727
571,701
291,992
572,72?i
257,099
476,532
117.50.-,
284,216
1 1 3,573
190,054
i
96 61
96 43
•
91 47
Other
893,661
613,727
d66,S2 *
303,955
167,159
8
1.299
.93-78
93‘
30,002
i
28.673
100
93!
30,002
Total
101
28,773
21,929) 56.137
21,523
33,725
275!
1
North. Europe
to
100
J
240
ports
101
Spain, Op’rto, Gibraltar,
All other
200
Total Spain, <fco
290
Grand Total
515.!
55,389
loll 77,182 112,527
100
10()|
100!
j
3,007
3,397
5,910
2,8321
*
100! 5,899 9,307
18,106j483,34 71 661,577
lOoj
6.401! 10,433! 8,898
.
31,001
The Following are the Gross Receipts of Cotton at
New York. Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1883.
This
Savannah
.
..
IpiiiradkepiPa !
Boston.
Since
Tnis
Since
i
Th is
Since
!
This
week.
Sept. 1.
|
week.
Sept. 1.
!
week.
3,753!
230,138
1,900!
505,
yos,722
J 51,730
2.130.
52o|
377
o.nvr
i
1 fill
1li-,915,
il,U53j
No. Caro'ina.3
203
31.050
Virginia
North’r ports
137
223.230!
Tennessee.Xc
160
Florida
51,635;
191!
i
107,275
006
,U3 i,SI2.
2,200
43a,020.
.•JSIVJH,
7,92s |
519.612.
3-ear...’
5,52!
Last
year...‘
] 1,7! M
*
99,-33 6
179,83,1
.
15,323
9,098
21
2 V.
.
Since
Sept.. L
59.220
13,557
973
Pi,33s!
This
O
2.205
14
(
••••••
R7,034j
1
»,530;
So. Carolina..
Foreign
Baltimore.
Sept. 1.
j
week, j
779,237
ports this year were 1,032,921 bales less than in 1882-83,' anil
200,983 halos more than at the same time in 1881-82. By adding
to the above totals to
May 31 the daily receipts since that time,
shall he able to reach an exact comparison of the movement
...
year.
8.418 16.300 319,058 476,094
350
1.605 21,206
4,876
9,7 25j 8.793 17.905 370,261 150,970
101
Hamburg
Mobile
This statement shows that up to 3lay 31 the receipts at the
forthe different years.
Sept. 1.
,
|
Bremen
Texas
i
91 9 b
period
precious
1
288,8 18
689,264
5,315.712 4,551 cOS 5,519,410 4,743.873 4,392 277
•
Total
since
J
1878
333,643
888,492
942,272
956,461
647,110
447,918
261,913
158,025
110,006
8,070
Total French
New Orleans.
Sept’mbT 313,812 326,650
October.. 1,010,092 930,581
Soveinb’i 1.030.3S0 1,094,697
Decemb’r 1,059,653 1,112,536
9.725
33
from—
1879.
1880.
8.070
Havre
Other French ports
Receipts
Beginning September 1.
1881.
Jane
June
Mm/
29: 1
5.
\ 12
i
G re at Brit a in
New York.
Monthly
^Receipts,
Same
Mat/
Other British ports
Total
Comparative Port Receipts
ending-
98
.
NotK.—Metaworphic region embraces Chambers. Clay, Coosa, Cle¬
burne, Lee. Klin ore, Tallapoosa and Randolph counties. Prairie region
includes Harbour, Bullock, Dallas, Greene, Hale, Lowndes, Montgomery,
Marengo, Macon, Perry, Pickens, Russell, Sumter and Wilcox counties.
Coosa and Outlying Valleys embraces Cherokee, Calhoun, Etowah, St.
Clair, Shelby and Talladega counties. Tennessee Valley includes Colbert,
—A
Week
■I.OO3:
ISO
41.071
25,135
84,*19
12
■19,857
29,549
j
•
4, *it>!
~
i
;1
ok;,
113,580
175,138
.
.
980
2,443!
214,058
312,084
Shipping News.—The exports of cotton from the United
States 11 ie past week, as per latent mail returns, hove reached
So far as the Southern ports are concerned, these
the same exports reported by telegraph, and published in
the Chronicle last
With regard to New York we
include the manifests of all vessels cleared up to Thursday
22,881 bales.
are
Friday.
night of this week.
THE
714
CHRONICLE.
Total bales.
Liverpool, per steamers Adriatic, 1,362—
L'aska. l,4^51....A-inoi'ica,
ujo.•
DuiiiiJidj 1,090—City
i^ujo.•..my
Alaska,
1,434
America, 396....Bothnia,
if Chester. 2,554
of
City of Richmond, l,9v.7
Nasmyth,
2.
5.568
Pleiades, 2,228... Tycho Brahe, 2,746
16,300
.
To Hull, per steamer Marengo, 1,605
1 1,605
To Bremen, per steamer Rhein, 101
iOl
To Genoa, per steamer Gottardo, 100
100
Baltimore—To Liverpool, per steamer Australian, 960
960
To Barcelona, per bark Livingstone, 550
550
Boston—To Liverpool, per steamers Aleppo, 100—Towa, 96...
196
Philadelphia—To Liverpool, per steamer British Prince, 3,069
3,069
[Vol, XXXT III.
Wednes., J nne11.
Thurs., June 12.
New York—To
■ •
Open High Low. Clos.
i
d.
d.
d.
d.
6 24
0 25
6 21
June-July.. 0 25
0 25
July-Aug... 6 26
0 26
0 30
particulars of these shipments, arranged in our usual
The
form,
22.881
-
are as
follows:
Liverpool.
Barcelona. Genoa.
18,106
1,510
109
lol
1,605
16,300
960
196
.New York
Baltimore
Boston
null. Bremen
Total.
-
550
101
1,605
550
High^Low.
d.
d.
d.
d.
6 25
6 25
0 25
0 25
0 25
0 30
0 26
0 23
025
0 25
6 25
6 25
6 25
6 24
0 25
0 20
0 20
6 27
6 20
0 27
6 26
0 30
028
6 30
6 30
0 31
6 30
0 31
September.. 0 32
Sept.-Oct... 0 28
0 32
0 32
0 32
0 32
6 32
6 32
6 32
0 28
6 27
0 28
028
0 28
0 28
0 28
j
Oct.-Nov...
0 10
0 10
0 15
6 15
•
0 16
0 16
0 10
Nov.-Dee...
0 11
0 11
0 10
0 10
j
6 11
6 11
Dec.-Jan....
0 09
0 10
6 09
0 10
6 10
0 11
June
Aug.-Sept..
Jan.-Feb
...
•
.
.
...
.
.
•
....
.
...
...
....
\
dot.
d.
0 25
6 25
0 20
0 24
0 25
6 27
0 20
0 80
0 30
0 29
020
030
6 32
0 32
6 32
0 32
0 27
0 28
6 20
0 27
610:
0 10
0 16
6 18
011
0 n
0 10
0 11
6 10
010
011
0 10
0 41
0 10
0 10
010
610
....
....
....
...
....
....
....
....
....
d.
....
Feb.-March.
Marcli-Apr.
....
....
22,881
100
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing bur data down to
the latest dates:
New On' eans—For Liverpool—June 10—Steamer Clayperon, 2,651.
For Bremen—.June 7—Steamer Havre, 2,517.
Charleston—For Genoa—June 6—Brig Giuseppe, 500.
Boston—For Liverpool—June 6—Steamer Venetian, 468....June
Steamer Kansas 1,753.
Philadelphia—For Liverpool—June 10—Steamer Illinois,
.
Cotton freights the
Open
d.
::::
....
...
...
3,0.69
20,525
Total
Clos.!
196
3,069
Philadelphia...
j
Fri., June 13.
j
d.
_
Total
Open High Low.
1
BREAD STUFFS.
Friday, P. M
,
Juno 13, 1884.
Flour has sold very
slowly, and has remained more or less
depressed in value.
The supply is large, considering the
smallness of the trade. To-day the market was dull and
7—
weak for all descriptions.
There is'a lack of new or interest¬
ing features.
Wheat some
past week have been as follows:
days ago sold freely for export, the business
Wednes.
being largely in the spring cereal, but latterly the foreign
Mon.
Tues.
Salar.
transactions have at the best reached only a fair aggregate.
964*
964*
9iU
9t',4*
96i*
Liverpool, steam d.
The speculation has not been active, bulls showing no inclina¬
Do
Bail...d.
lloo
Tv
tion to materially increase their holdings, and bears being
3&*
Havre, steam—c. »32®V II32# 38* 1130 2'3g* 1132® 38* 1132® 3g*
Do
sail
c.
timid about putting out any large lines of shorts.
Prices for
30*
30”
30'
38*
Cramen, steam, .c.
red wheat have declined. The outlook for the crop is favora¬
Do
sail
c.
ble, not only in the United States, but in most of the other
hr
14*
V
V
V
Hamburg, steam .c.
Do
sail...c
producing countries of the world. The receipts at Chicago
38*
30*
30”
38*
are increasing, and new Southern wheat is already being mar¬
Amst’d’m, steam.c.
Do
sail.-.c.
keted. It is said that harvesting will begin next week in the
316*
316*
316*
316*
3lb*
316
Reval, steam... d
region of Kansas City, and that even in the far Northwest the
Do
sail
c.
outlook for the crop of spring wheat is exceptionally favor¬
7m*
716*
716i
718*
716*'
Barcelona,steam.c.
7ir>*
n 30*
38'
38*
3g*
38^
able. The favorable report in regard to the condition of the crop
Genoa, steam—c.
w
716*
716*
716*
716*
7ieA
Trieste, steam ...c.
by the Agricultural Bureau at Washington, in conjunction
V
V
V
V
V
Antwerp, steam..c.
with the other depressing influences, is said to be turning many
Compressed.
former advocates of high prices at the West into operators on
Liverpool.—By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &c\, at that port.
We the short side of the market. To-day there was a moderate
add previous weeks for comparison.
business here at a decline in red wheat of
to
No. 2 red
sold at $1 013 8 delivered, 99(a) 99 lJc. for June, $1 00;'8@$1 Ol1^
June 6.
June 13.
May 23
May 30.
for July and #1
03for August Spring wheat was
56.000
79,000
Bales of the week
bales.
21,000
73,000
for
3
steady
at
90c.
No.
and
9G@97c. for No. 2; ungraded sold
5.700
5,300
7,300
Of which exporters took
1,400
2.300
7,300
14,000
1,100
at as low as 75c.
Of whioh speculators took..
No. 2 red closed at $1 01}£ delivered, 99c.
57,000
44,000
Bales American
16,000
38,000
6,000
12,000
9,500
4,800 for June, si 00/8 for July, $1 02;^ for August and $1 043*8 f°r
Actual export
11.500
13,000
7,500
Forwarded
9,300
September, showing a decline of 2c. during the week. There
947,000
911,000
Total stock -Estimated
917,000
899,000
6 40,000
633,000
Of which American—Estim’d
672,000
611,000 was some covering by the shorts this afternoon, and the close
44.000
48,000
44,000
32,000
Total import of the week
was steady owing to this fact.
Of which American
15,000
19,000
10,000
19,000
228.000
Amount afloat
164,000
178,000
210,000
Indian corn lias been quiet on speculation, though at times
Of which American
40,000
31,000
45,000
36,000
fairly active for export. Prices have followed the wheat
The tone of the Liverpool market for spots and futures each
market downward.
The slight decrease in the visible supply
day of the week ending June 13, and the daily closing prices at the West is
disappointing to the bulls, while >the large res
of spot cotton, have been as follows:
ceipts at Chicago, and the comparatively light; shipmentSaturday Monday. Tuesday. Wedntf. Thursday. Friday.
Spot.
eastward, have alforded the opposite party arguments for
Active;
lower prices. Tim favorable crop prospects, and some depres¬
HardenV
Business
Market, (
Dull.
prices
Steady.
Quiet.
moderate.
12:30 p.m. $ tendency. hardeuing
sion in the foreign markets, have likewise been dwelt upon.
63s
63e
Mid Upl’ds
6718
67ie
6716
To-day the market here was irregular, corn on the spot being a
6L3
Mid.Orl’ns
6916
G9i«
69io
6916
fraction
lower, while options advanced slightly. The supply
15.000
10.090
8,000
10.000
Bales
8,000
8,000
2.000
1.000
3,000
1,000
2,000
2,000
Bpeo.&exp.
of contract corn in Chicago is not excessive. No. 2 mixed
closed at 62aJc. delivered, 62c. for June, 6238c. for July,
Futures.
Market, (
63*30. for August and 04;c. for September, showing a decline
Dull.
Dull.
Weak.
Steady.
Steady.
Steady.
12:30 p.m. J
for the week of C'c. in June and l(dl '4c. in the later options.
Rye has been moderately active at tinner prices. Oats have
Market, \
Barely
Firm.
Steady.
Steady.
Quiet.
Steady.
4 P. M.
sold slowly at declining prices.
steady.
\
A large crop is expected this
1.
To-day
No.
2
year.
mixed
sold
at 37 'jsc. for June, 37^c. for
The opening, highest, lowest and closing prices of futures at
July and 351y4i>351.ic. for August. •
Liverpool for each day oT the week are given below. These
The following are closing quotations:
prices are on the basis of Uplands, Low Middling clause, unless
FLOUR.
Thurs.
....
....
....
....
Fri.
....
....
....
....
....
....
....
....
....
....
....
....
-
....
....
MSMfa
...
-
....
....
....
,
....
....
....
....
....
....
....
....
....
....
....
....
■
♦
....
.
otherwise stated.
f8at., J
mu*
7.
!)/'f>i High Loir. Clou.
;
JIou.. .1
Opci.
u itc
Loir.
9.
Tiiom., .!
Lo
v:
■1.
a.
c’>
,i
-.ine-.I illy..
-
>■
July-Aug..
j
s’opiember.., a
6 19
6 11
Doc..
Dec—Inn....
Jin.-Feb
6 13
i
Feb.-March.I
’•1
i P'
h-.V !»r.'
Cl03.
;
Superfine
8pring wheat extras..
2 75/?
2 25 it
5
Patents, winter.... $5 25 3 6
City slopping extras.5 05 tt 5
]
Southern bakers'and
Minn, clear and stra’t
Viet.-r sloppy extras.
Winter
clear
and
8 75 #
straight.
Patents, spring
8 to#
5.09 it
2 50
inter
....
...
family brands
0 :
|
!
3 80#
4 75 fc 6
Wesiern, 5-c
50
Brandywine, ,5c
1
6 31
6
Spring No. 2
Red winter, No. 2
Red winter
White
White No. 1
Corn—West, mix-d
West-mix. No. 2.
White Sniitln in...
Yellow Seat hern
'Western, white..
■
"•
.
9
,
I
10..
25
South’d ship’g extras -1 00# 5 50
Rye Hour, superfine..3 bo# 4 00
3 00 3 3
3 393 345
GRAIN.
Spring.per bush.
50
i Corn meal—
Wheat—
i
Sent .-Oct.... *> 3U
<>et.-Nov....
■
ir..
1 O.
•>
5 1
Bpring...$ bbl. 82 15#
w
~-
6 s:>
Auvr-So.pt..
*.>
u;>c
w
So. 2
No. 2
ff
d
•
n ■;;
",
-0
'7
L
....
...
To
it I
•#.
1T
1
C
1
—
Western Yeiiow
live—Western
State A Canada
'
Oats—Mixed
White..’
No. 2 mixed. 1
No. 2 white
Bariev—No. 1 Canada.
...
#
W.
d>
v?
69
74
87
8s
8.
8s
No. 2 Canada
State, two-rowed
St at?, six-rowed
-
The
••
t
THE CHRONICLE.
14 IS84.
June
movement of breadstuff's to market is indicated in the
statements below, preparqjl by us from tlie figures of the New
york Produce Exchange. We first give the receipts at Western
Jake and river ports, arranged so as to present the compara
tive movement for
for each of the last
the week ending June 7 and since Aug. 1
three years:
Corn.
Wheat.
Flour.
Receipts at-
Oats.
supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, June 7, 1884, was asfollows:
,
Wheat,
In store at—
Jfew York
Do afloat (est.).
bush.
2 025.640
297,993
1,500
971,162
Sufialo
Bbls.imbs Bush.HOlbs Bush.5tttb? Bush.32 lbs Bush.48lbs Bush.53lb28 9 2
90.181
1.647.240
27.673
1,239,599
48,390
351,125
25,410
07,959
800
93,483
190,858
23,215
5,881
128,874
51,300
53,ISO
3,313
.20,353
11.500
29,000
40
413.730
152,220
3,000
5.229
182,100
250.050
5,4)0
17.090
••
Peoria.
248
45,005
117,837
8,070
Duluth
14,500
143,113
Cleveland. ..
Louis ....
8t
8.000
52.043
Milwaukee..
Toledo
Detroit...
The visible
at the
Albany
Bye.
Barley.
715
33.S74
297
2,570
145 024
983,638
2,522.344
1,815,820
72.502
59,COS
wk. ’83
game wk. ’82
171,903
1,082,993
1,475.605
115,814
107,264
151,583
599,574
3,058,523
820,5S8
768,007
71,769
50,253
SlnceAug.l—
7,052,018
8,315,341
0.987,493
1883
1882
1881....
G,757.907
1.167,065
Milwaukee
Duluth
Toledo
Detroit
64,775 533
70.176.743
90,993,501
57,319.700
46.011,811
10.S52.354
0,552,977
82,730,225
15,233.270
4,429.399
88,907.453
98 915 250
32,769,392
11.918,095
3,700,940
Oati,
Barley,
bush.
bush.
bush.
619,650
253,834
709,520
180000
32,200
783
237,700
13,000
127,-517
2,465,623
8,211
Rye,
busk.
JO
el
32,913
51,000
14,000
300
48.339
164.820
197,671
29,413
1,418.275
583,290
211,628
Oswego
144,100
3t. Louis
362,280
79,387
Cincinnati
83,591
148,719
208.0*9
332,802
8,340
55,300
162,475
Boston
Toronto
Montreal
Tot.wk. ’84
game
Chicago
Corn,
Philadelphia
Peoria
Indianapolis
Kansas City
260,550
Baltimore
Down Mississippi.
On rail
On lake
On canal
227,092
49,476
61,693
74,449
616,569
17,609
124,269
72,987
49.968
353,339
43*471
4.570
19,23 7
31.859
114.607
31,933
213.008
38*255
5,400
91.833
155 557
229,997
4.700
10.200
5.667
4,240
20,180
979,285
512,430
494,585 1,308,648
275,531
436,090
106*795
1,347
17
1,160
25,275
73,714
47,792
7,104"
2,775
28.721
3.636
2,060
10,054
81,766
15,942
**333
22.60L
900.617
39.2*62
138,760
215,870
123.691
195,063
The
comparative shipments of flour and grain from the same
ports from Dec. 24, 1883, to June 7, 1884, inclusive, for four
years, show as follows:
Flour...
1883-84.
1882-83.
1881-82.
1889-81.
4,531,207
4,087,777
3,230,854
3,356.133
18.4)64,359
9,979,380
34 030.858
20,590,791
36,818.995
13.207.694
2,029.136
14,045.483
1.945.500
2,805,912
13,073,124
45,039,002
19.569,813
4.408,327
1,487,974
1,230,261
1,007,201
84.347,891
83,638,840
00,537,335
74.423,978
..bbla,
.
bush.
Wheat...
Corn
39,982.663
20,833,459
2.661,498
C ate
Barley...
Rje
Total grain
....
Tot.
Tot.
Tot.
Tot.
Tot.
7,’84.
May 31,’84.
June 9.'83.
June
JunolO.’32.
Juuell,’81.
Week
June 10
113,5o6
66,287
53,680
257,138
114,449
414,106
836.473
30,397
37,776
203,881
176.287
482,220
661,044
31,651
720.477
Week
June 7
bbls.
Flour...Wheat..
..bash.
Corn....
900.071
...
Oats
1881
1883.
Week
June 9.
1884.
1,201,756
Barley
Rye
28,058
39,262
18S2.
Week
June 11.
73.087
695,542
22,339
11,969
36,132
2,429.2 35
The rail and lake
weeks
shipments from
1.634,114
1.411,923
ports for last four
same
were.
Flour,
ending—
bbls.
Wheat,
Corn,
bush.
7.
"747.934
1.062.873
May 21. 225.260
May 17. 226.233
1,418.112
Barley,
Oats,
bush.
onsh.
bush.
187,437
May 31. 104,800
2,503.42
1,445,577
2,000,407 1,157.781
1.4-57,312 1,160,182
1,577,715 1,369,444
1,428,991
»
23.133
58.749
58.225
64,250
Rye
bush
103.053
259.157
219,493
164,059
Tot.,4
4,637,900 7,661,859 5,132.984
209,357 805,762
2,990,809 9,301,852 4.136.710
150,705 333,211
The exports fr;*m the several seaboard ports for the week
w. 803,790
4w’ks’83. 624,923
ending June 7 1-84,
Exports
from—
The increase in the erea of spring wheat appears to bo
9 per cent. No part of th* Pacific coast area
Bbls.
Bush.
72,458
615.137
Bush.
368.171
33,828
31,473
5,428
11,976
9,163
16,230
145,766
83,000
43,0 i7
8,5’“ 9
318,839
102.888
Corn.
279
..
400 OUO acres.
The condition of spring wheat averages 101 per
standard in nearly every <li*iriet.
The condition of winter wheat continues high.
105.216
Oats.
Rye.
Peas.
Bush.
Bush.
Bush,
266,016
116,287
2,257
4
816
75
16,332
132,619
3.073
724.509 1.374.291
2.95't
142.064
48.256
year
Flour.
is
below.
as
We add the
for comparison:
Corn.
Wheat.
.
Exports
1884.
1383.
1381.
Week.
June 7.
1883.
Week,
June 7.
Week,
June 9.
Week,
June
9.
1884.
Week,
Juue 7.
1883.
Week.
June 9
Bbls.
00.7 43
Bush.
501.749
Bush.
42 7,428
Bush.
510.713
9.520
4.801
605,066
293,256
W. Indies
22,864
17.688
9.939
15.021
66,532
9,055
15,048
Bii'ih.
963,77 2
374,01 l
29.1 5 i
6,38 /
Brit, Col’s
3,302
920
5
950
On.King.
Bbls
90.172
14,0 0
Oth.c’nt’s
208
3.617
-
3*8
.
.
721.509
602,80 3! 1,374,291
By adding this week's movement to our previous totals we
have the following statement of exports since September 1,
this
season
and last
season:
Flour.
1383-84.
1888-84
1332-S3.
j
Bbls.
^•&C.
Am....
West Indies.!
Brit.
Col’niesj
Oth.
countr'sj
j
Bbls.
n.*i 5 243
28,s. it>7.
401.u|.7
7 12.70T
457.8'l‘.i
479.7 1
-
26 3321
Sept. 1 to
7.
Jmt<
■
7,28.3.111
j
J
■
1332 06
Sept. 1 to
Jo,a
9.
1383-84.
1882-33.
Sept. 1 to
Sept. 1 to
J ‘an
7.
.7/1/9
9.
Bush.
Bush.
21.07s.S8l. 32,741 703
2-1,.“*78,33 7
27.904,380
j 2l.sn,sn78
Ttush.
3.9 IS ;JS)6.
.518.23.'):
601.124;
Corn.
Wheat.
Sept. 1 to > Sept. 1 to
J‘hi<
7. | J'l.n
9.
Cu.KIngOnnContinent...
The average is 93r
It wa* 75 in June of last year, and 99 at tlnj
Since the last report the Illinois average has de¬
same date in 1832.
clined 11 points, Ohio 3 and Kentucky 3.
Indiana, Michigan and some
other States show higher condition.
against 91
a
month ago.
The average
of condition of principal States is :
98
New York
100
Pennsylvania
99
93
Georgia
Texas
93
Kentucky
90 (
Ohio
82
Michigan
91
Indiana
Illinois
Missouri
91
76
90-
The increase in area of oats is 4 per cent. The average o' condition is
98.
It was 96 last year and 101 in Juue of 1832. The averages are
highest, as is usually the ca*e, in the States north of the fortieth par¬
allel, coming up to the standard in all of the Western States.
The general average of rye has advanced from 36 to 97.
The barley average has fallen from 101 in May to 98.
Tt was 97 last
June and 91 in June, 1882.
It is 97 in New York, 99 inPeiinsylvania.
101 in Wisconsin, 100 in Minnesota, 97 in Iowa, loo in Nebraska and
98 in California. These States usually produce four fifths of tlie crop*
|
Bush.
7, lSs.70 1
5,490,006
1,223;
180.185
1,104.079
310.017
37,3-7:
8 010!
t;>.401
13,70s
833.199
821,302
129.01.7
80.974
17,5071
227,400
120,028
123,492
87.47 i .8771
57,80; .878
31.088,397
0i.02-\9Ol
14,328.811
DRY
GOODS
i:
I
TRADE.
past week has developed very little change in the gen¬
dry goods trade. The demand at first
hands continued light and irregular, neither jobbers nor the
manufacturing trade having shown the least disposition to
anticipate future wants. Business in jobbing circles was
spasmodic, moderately active days having been followed by
exceptionally quiet ones, owing to unfavorable weather at
times. The main feature of the week was a peremptory
auction sale of nearly 8,000 pieces fine 0-4 woolens and worsteds,
the balance of production to date of the Conshohocken Woolen
Mills, the Conshohocken Worsted Mills and the Norristown
Woolen Mills.
The goods were of a popular character and the
terms of sale (six months’ credit) were liberal. There was cenThe
266,121
corresponding period of last
Contin’nt
S.&C.Am
cent, being up to the
Friday, P. M., Juno 13, 1884.
602,868
The destination of these exports
to—
is included as
The largest increase is in Dakota, amounting to about
THE
69,435
143,931 1,199,815
for week
N
nearly 900,000
acre®, or
shown in the annexed statement:
Wheat.
.
Total w’h.
B’me time
1883.
are
Flour.
Hew York
Boston...
Portland.
Montreal.
Philadel..
Baltim’re
H.Orl’ns
276,103
•
Week
Line
1,433,201
321,569
agricultural Department at
Washington, under date of June 10, issues the following report
of the condition of the cereal crops on the 1st of the month :
Maryland
Total
886,246
314.998
407,387 1,147,034
474,249 1,732,508
118,112
964.387
Condition of the Crops.—The
spring wheat.
ports for four years:
7.953,589 3,492,624
16,782,680 7,949.413 2.966.297
20,582,466 14,617,432 4.323,580
10,057,797 10,269.511 2 017,617
17.220.573 11,522.23* 6.332,463
16.505,639
eral condition of the
sequcntly a large attendance of the^ clothing trade and cloth
jobbers, and the entire offering was quickly disposed of. The
best standard goods, such as diagonals, tricots, Ac., brought
good average prices, but some lines of worsteds (not strictly
desirable) sold low. As a whole, however, the sale was a
marked success, taking into consideration the present condition
of the market and the apathy lately manifested by buyers.
Another large public sale of woolens (12,090- pieces) will bo
held next week, and its results are awaited with much interest.
Domestic Cotton Goods.—The exports of domestics for the
week were 3,772 packages, including 1,020 to Great Britain,
325 to Peru, 111 to Idayti, 130 to U. S. of Colombia, 191 to
Argentine Republic, 09 to Santo Domingo, Ac. There was no
substantial improvement in the demand for staple cotton
goods at first hands, and the jobbing trade was quite moder¬
Some inquiry was made for fair-sized parcels of brown
ate.
goods, Ac., by converters, but their offers were, too low to be
entertained by holders, and few transactions were therefore
reported. Jobbers continued to gauge their purchases by
positive wants, and altogether it was a very quiet week in this
branch of the trade, Stocks are steadily increasing in first
to
CHRONICLE.
1HE
716
H
t-3
hands, but distributers are poorly supplied as a rule, judging
by t lie constant re-order demands for small assorted lots. Print
cloths were dull and nominal at 3^gC. for G4xG4s ar d 2%c. for
56xG0s, and prints ruled very quiet; but lawns
woven
wash fabrics were taken in small lots to a fair amount.
rt
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buyers, but purchases have thus far been restricted to a few j
specialties. Worsted and all-w ool dress fabrics were mostly Cj
CO
quiet, and shawls and skirts were almost neglected by pack¬ 1
Wool hosiery was in better demand, but shirts p
age buyers.
anti drawers continued quiet in first hands, and no improve¬ ! w
ment in prices of the latter can be reported.
Fohiign Dry Goods have ruled very quiet in importing
O
-J
circles, as is invariably the case at this time of year, and only 1
a moderate distiibution of impoited fabrics was made by job¬ 1 G*
bers, notwithstanding the continued activity of the retail trade to
throughout the country. Importers are beginning to make °
deliveries of certain fall fabrics on account of orders placed
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some time ago, but the movement in this connection has been
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1
CITY
OF
a
II.
Geo.
Havre
YORK,
1850.;
BROS NAN, President.
Ass’tSec
Ii. Bur cord, Actuary.
By an act of the Legislat life'of til's State this Com¬
pany’s charter was so amended in 1882 that hereafter
all the profits shall belong to the policy-holders ex¬
clusively.
All
Policies henceforth issued
are
incontestable
for any cause after three years.
Death Claims paid at once as soon as
satisfactory
received at the Home Office.
Absolute security, combined with the largest liber¬
ality, assures the popularity and success of this Co.
All forms of Tontine Policies issued.
Comparison of Business for Two Years.
1882.
1883.
New Insurance Written... .#2 800,000 00 $5,231,000 00
Insurance in force.
10,790,000 00 18,800,000 00
A ssets
5,110,814 40 5,208:212 4s
Payments to policy-holders
459,079 40
475,923 98
Increase in new business written in 1883 over 1882,
87 per cent.
GOOD AGENTS, desiring to represent the Com¬
pany', are invited to address
.1. 8. GAFFNKi ,
superintendent of Agencies, at Home Office.
are
JTUAL
1'
LIFE
VOltK.
WINSTON, President.
INSURANCE CO. Of NEW
F. 8.
.
IS* TEX EYE It Y
DESCltimpy OF
EXT POLICIES
j LlFE&ESDO \VMother
Companies.
Hates Lower than
ORGANIZER APRIL 11.
■.
from
NEW
IN
C. P. Frai.kigtt, See’y. A. Wheelwright,
>■,.
a
Co.
201, 2G2 k 2(>3 Broadway, New York.
.
includes* ffr'.e): To Havre-*80; second cabin, JOO; stcer: wi jo, bedding and
utensils, llery i
Iticod rates, ('hecks on Banque
Havre and Paris, In amounts to suit.
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(ORGANIZED
in stock
bn-m I'ior 'new) 42 North River foot of Morton St.'11 ravtier* by this line avoid bot.h transit by English
and the discomforts of crossing the Channel
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Wed..June 18. Noon.
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Wed., June 25, 7 A. Al.
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Wed., July 2, Not>n.
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IN
France.
to
YORK, and
NSW
Between
See*
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Insurance
Co., Atlantic Cotton Mills.
Peabody Mill*,
Chicopee Mlg. Co.,
ilerton New Mills,
White Mfg. Co.
Saratoga Victory Mfg. Co.,
Hosiery and. Yarn Milt
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WENEJIAL TRANSATLANTIC CO.
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15 Chaitncev Street
BOSTON.
Direct Line
PRINTliR,
tk»». Bankers,-Stnuk.
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Co.,
NEW YORK.
EUUENE ii. COI.B, Successor to
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STATES BUNTING CO.
Ledford Street.
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MIDGE, SAWYER A CO.,
Lincoln Mills.
BOSTON, ;>1
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id <$c 4.5 W hite street,
Geo. II. Gilbert Ml". Co.,
Arlington Mill*,
Freeman Ml's, Co.,
Kenfrew Mlg. Co., James ?.*lii!Iip<x, .1 r.
Fitclibin*" Worsted Co.,
Continental Mill*-,
George Whitney,
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SUCCESSORS TO
FOR
AGENTS
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supply, ail Widths and Colors, always
No. 109 Duane Street.
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AGENTS FOR
SELLING
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fay, Lincoln 8c Motley,
Brown, W ood 8c Kin gnian
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The United States Life
UNITED
the Chicago
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Also, Agents
Board of Trade, for cash or future
delivery, a specialty.
Special Information, indicating course of markets,
freely furnished upon request.
on
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PURCHASE AND SALE OF
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CHICAGO.
GKAIY
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COMMISSION M E It C ?! A N T S,
125 La Salic Street,
(ADJOINING CHAMBER OK COMMERCE;,
OC © © -< X
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CANVAS,
FELTING
DUCK, -CAR
COVERING, BAGGING, RA VENS DUCK, SAIL
TWINES, &c., “ONTARIO” SEAMLESS
BAGS, “AWNING STRIPES.
(Established 1SC5.)
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COTTON
Everinuham & Co.,
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And all kinds of
Toweifi, Quilts, White Goods & Hosier j
Drills, xfisc'ivgs, die,, for Export Trade.
L,
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COTTON SAIL DUCK
SHEETINGS,
AND
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PRINTS, DENIMS, TICKS, DUCKS, Ac.
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Manufacturers and Dealers In
SHIRTINGS*
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Brinckerhoff, Turner
LEADING BRANDS
BROWN & BLEACHED
X©
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ms u vane c.
IJoston, Philadelphia,
New York,
SELLING AGENTS F 1R
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(C o»u me vei a I (Ca vd s,
Commcviini (Carets.
Bliss, Fabyan 8c Co.,
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week
facts
importations of dry goods at this port for the
ending June 13, 1884, and since January 1, and the same
for the corresponding periods of 1883, are r s follows:
C
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Importations of Dry Goods.
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generally steady in price,
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moderate as yet.
Staple goods are
but concessions on many summer fabrics
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Flax Silk Cot n Wool Man
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from intending
rather more attention
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OP
B
ert
Goods.—As above noted, the event of
the week was a large auction sale of line woolens and
worsteds. The sale brought into the marnet R large number
of out-of-town clothiers, but their presence caused no mate¬
rial improvement in the demand for moil’s-wear woolens at
private hands, the business of the week having been light and
disappointing. Kentucky jeans were in moderate reqiust,
but satinets have become quiet, and there was only a "limited
movement in Jersey cloths and stockinettes.
Flannels and
Mlsoean silk. Cotn. Manufctr
-.
PI
*-t
Wool
Flax
forcot Total.
P
Domestic Woolen
blankets have met with
Ent’d
c
rt
a!nd
I VOL. XXXVIII
j
Assets,
-
-
1812.
.8101,148,248 25
to Paris,
h.-nentle Transatlantiquo delivers
•..• V \ ork special
train tickets from
Bag .age checked through to Paris
Y
>tlMie t .am;., ii'.n at Havre, provided passengers
fc.lU’ l.hc
one delivered at the Company’s Dock in
New V .1*. i*ier 42 North River, foot of Morton St.
at kvast! wo hears bef< re the departure of a steamer
V'
LOUIS DK
BGBUN, Ageut,
Not 6 Bowllnf Green.
HOUSEKEEPERS
FICES
take
notice.
AND OCCUPANTS ®F OF¬
Before buying your carpttP,
j Linoleum, Oilcloths, or Mattings, call at BKNDALL a
• Misfit
Carpet Store, 114 Fulton SL, basoruen(floor.
Cheapest place in New York.
@FedFRASER