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xmm
W
AND
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED aTATES.
VOL.
SATURDAY, JUNE
60.
NO.
14, 1890.
the week ending Dec.
17, 1886,
1,303.
includes a greater proportion
due to transactions other than those on the Stock
Exchange. The total at Chicago is the largest on record.
In comparison with the like week of 1889 the aggregate for
this week exhibits a gain of 28'0 per cent, the increase at NewYork being -9 per cent, and the excess in the total for all other
Very heavy percentages of gain
cities reaching 26-1 per cent.
are recorded at Tacoma, 164'4 per cent; Buffalo, 146-8; Fort
Worth, 751; Sioux City, 737; Washington, 67-8; Chattanooga,
64 °6, Milwaukee, 59-'J. and Baltimore, SOperoeot.
of clearings
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do.
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do.
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—
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B.
Co., PnblUbers
WILLIAM B. DANA IVIIiLIAin
102 William .•Street,
JOHN G. FLOYD,
958
<fe
DANA &
f
NEW YORK
Post Office box
1^9.
18C0.
New York
.SaJea
ei8,l<41,T2K|
733,524.576
(1,9.SI.654)|
().7."l2.J0Sj
iharet.)
Watton
lasS.UoO),
bales.)
tmshele)
tarain
(P»trol«um
(27,»1H.550
WH.)
(4.912,0001:
The following
table,
made up by
l>y
Telegraph.
l.M)II.71S
1JHU,IM4
Worcester
Portland
Lowell
l,W3a.7aa
i.dSK.-eu
1.123.Hi2
-I-I3-1
448,33»
snu.ace
478,880
140.«8^.99U
107.307,608
73.787.806
10 6f».S52
11.170.378
S.8ll,Ml«
-(-l«n-n
1,1S4.7»>B
B»»,.i40
Bedford..
Total
New
England..
Philadelphia
Piit»burK
..<
•
—
WtlmlnKton, Del..
Rochester*
New York
»63l,830,911
111, 113,18b
Boston
Philadelphia
5t),33^,451
Baltimore
Chicago
10,812,823
»75,0)0.000
aO, 5 68, 130
6,27S,132
8t. Ixnils
New Orleans
Seven cities, 6 days
Other cities, 5 days
$894,978.6J3
120,101,312
$585,589,411
79,883,138
56,660,882
9,776.333
59,911,000
17,527.870
5,816,339
«!•
PeorU
15, 163,97 3
lro.791,ill8
+^0
+ 17-8
-0 5
410-9
.
-I-17-3
Total
*
all cities for
week...
1,106,960,802
+ 10-4
full details
of clearings for the
week covered by the
above statement will be given next Saturday.
We
cannot, of
1,1^30,588
'•84.413
-HIT-S
7t»,7l«
+2-2
them
46911
6,«X).T»7
6.078.708
i{,18».70o
2.044.022
745. ISO
l,474."7a
133,302.947
10S,!M,7a3
16.429,28;
73J.S26
l»,06S,fWI
l,laS,^'2al
88S.81S
428,194
City..
,
Wichita
Sioux City....
Des Molnea..
17.293,441'
16,875.872
llJI82.a»7
5,820.753
6,U14.6i«
0.176.542
6.6Sl,6b4
i,fS9,;os
1,921.022
71«.06r
•.eas.Ttsu
4.W0S!,S77
1,0*7,-
laocoln
Topeka
Tutal Other Western.
29
+ir4
2.507.40U
1.54».-i37
t,-^30.^W>
-re-0
601,035
879.962
-(-S2-8
99.592.2;«
+28^
18,722.300
339,427
-I3-«
-85-0
+76-8
-16-6
-<-lM4
etl.438
6,065.>41
4. 178.7 J7
4,160,746
1. 640,974
14.743,160
-H8TB
8,788,270
4.:06,58U
3.764.0-3
4.347.453
3.725.406
2.ai3,63B
1,270.5-3
810.U83
-(-18-7
—0-8
447-8
•|-S6b
-1-18-S
4-274
-i(W,er2
«ill.6«l
8Uli.«14
W6jioe
740.6 ;e
S7».W76
•35.231
486,148
4i,e'M,ieo
34,307,867
-H>-4
+78-7
4-107
Ml
4-13-0
-13 8
1,
49
-11-8
+1M
+26-7
i-ri
+94-0
•+46-8
-H)8-7
+8-8
+184
-r86-4
563.204
534.382
318.992
+31-8
-8«
81,625.788
,+24-0
-uri
IS 967.405
+ 10-6
-I-7-1
6.810,307
6.0:8,888
-f2|-8
H-l-l
l,3lll,n00
-r«
-5-1
-11-8
1.701.901
+2-8
-I-J2-4
848.388
t-4l-0
1.00rt.441
•H5-t
790,640
58S.8&{
384.780
601,800
720.168
+28-9
-riaev
+18U-4
+IB-7
-Hr«
Dullas
Kort Worth...
Norfolk
Lexington..,..
Chattunoosa..
-)-»6-»
Birmingham...
-f46-0
-Ktl*
-t21-«
+t6-l
1,690,836
Nashville*
44.0*1,83)
M9-S
l.461.174,3l6l l.l41.9J0,78S
4 28-0
S0,7n7,47»
Total South era....
•
+28
4,8tt.<<,8u7
1.24V.a!>6i
all
New
+18-8
-h9-2
-^9-8
2,2^6,601
St. Joseph...,
Outside
-t53-4
lo,>i71,150
-hilfli
-1-86 8
-t-x«-0
,
City*.,
Denver
Tot«l
-fll2-«
1.270,830
«16,»87
1,668.882
to-<lay,
are our usual detailed figures for_ the previous week, that is
covering the returns for the period eDdinR..with Saturday
noon June 7, with the comparative totals in 1889.
The current aggregate exhibits a gain over the preceding
week of nearly four hundred millions of dollars, btrt part of
the increase is due to the fact that in the week ending May 81
a holiday occurred. The total, however, is the heaviest since
the close of 1882. The result at New York, while less than for
4-81-7
+171-5
665.390
600.815
1
+9-1
13,07 !i.^e4
18.»22,I72
6.845.801
1,640.110
4,43W.U44
4.600,714
8.H»3,74e
2,62H,UU0
1,V57.447
I.f6l,a70
708,661
bank clearings being made up by
St. Loals
the various clearing houses at noon on Saturday, and hence in New Orleans..
Louisville
the above the last twenty-four hours of the week have to be Memphis.......
Klchmond
in all cases estimated, as we go to press Friday night. Below Galveston
course, furnish
+7
i.6r!,S45
Duluth
Ketiniatfd
The
eo,7«.«74
-H2-(<
-t6»-0
iO,ati6.f»M
Paul
tl,222.485.5J6
-18-6
-f102
7.100.662
Minneapolis..
i07,402,600
+17-4
13.ti67.UW,
Total Paclflc.
+ 10 8 Omaha
+90
106.130.:6<)
'
Lane
+24
~+ir-i
68.380.?88
.
Portland'
$9:5,958,191
191,002,011
$l,0l.'i.08'A!'48
-2-8
+18-2
297.H26
05391.429
San Franclsoo....
Los AnKeles
TacoDiH
St.
Total all cities, 5 days..
AUsltleB, Iday
63-^.1 ;u
-(-32-8
-1-27-7
Toledo'
Kan NU
82il,M55
—6-3
+24-2
+ 7-9
+ 9-8
+19-2
rVl
-fSl-9
71,408.511
Orand Kaptds..
Salt
—-V9
18-6
+6-0
+7-1
101,1149,197
4.8»0.»7<
3,384,000
Seattle*
+90-0
1.016,748
1.054.601
Ktu.5O0
91.859.447
6.lt34.4d«
Total Middle Western
-18
126,676,576
,
-t-25a
-l-»
1.241.201
IndlanapollB...
(Per Cent.
I,
(-t-25-si
SprloKtleld
KufftOo
1889.
1800.
1+29
l,22ij,l>72
Columbus
JZeturfu
-1-162 8!
96.812.496
3.802.300
New
31.
(2.031.676.
<-(-0-4l
(415.000) (-H20-8)
(97,438.000) (-(-67-8)
(2.I80.0O0) (-eo-o)
-K9-2
-f7-7
-1-250
Cleveland
Cleahixgb.
-f 14-4)
4-S1-6
Wa«hlnt^on
11.
il53.-.!0fll
iil.inv,»42
I3.UU1,UOO>
I
K,tt«i,S04
l.lVl,4(n>
H^rtfiird
that the total banik clearings of all the clearing houses of
Total Middle
the United States for the week ending to-iay, June 14, have Chicago
been $1,223,485,545, against $1,461,174,316 last week and Cincinnati
Milwitukee ...
Detroit
$1,106,960,802 the corresponding week last year.
Week Ending Jane
678.V1P.324
-hS9-0
May
P.Omt
e4.168,ue8
6.12«,SOO
rro7idence....
fivracuHe
telegraph, etc., indicates
End'a
1890.
12«.eiI.0H4
5,058.400
S,4S>,eSl
1,2H4,72U
Uoston
Bulrlmore
CLEARING HOUSE RETURNS.
Wuk
7.
P. 0«n«.
of—
tStocke
New Haven. ...
Ijondon Agrents
Messrs.
Week Endino June
drafts
York..
Not lnela<l«4
512,229.59
la tptjds.
<
406,146,1941
-1(6-1
39,087.982
;
+r8
1.085.881.925
+4-4
33«,v7u,90)
+16-8
TBLE CHEONIGLE.
810
Enterprise
THE FINANCIAL SITUATION.
cause
it is
is
Vou
waiting
now
L,
for silver legislation, not be-
needed, but because
it
is
Every
feared.
in-
The tendency towards an easier condition of the fluence tas combined at the present moment to give
money market has continued this week. Not only this country a period of extreme prosperity, except the
have both call and time money brought lower rates, currency uncertainty. Such railroad earnings, such
but borrowers have found more liberal lenders, bank clearings, such marvelous productive energy in
«ven the character of the security being less carefully
Of course the gold shipment to-day will
" not appear in the bank statement this week.
Aside
from that there must have been an increase in the reserve since last Saturday ; but the changes in rates referred to are owing not only to that fact but to a less
active speculation on AVall Street, and to a return of
bank funds to a normal condition. The surplus
"Reserve reported a week ago was $4,910,375, which is
ample for the free working of our money market at this
season of the year and the fact that four of the larger
banks held 14,830,200 does not indicate such an unequal
distribution of the surplus as has very often been the
scrutinized.
;
case.
vigorous operation were never before seen.
lators in
tion
;
they are simply endangering
want some of the
them look
first
this
Money on
call, so
far as represented
silver.
Week ending—
May 10
May 17
May 24
May 31
Exports.
our readers
and imports since the
figures by weeks
New York
1890.
.
If
it.
legis-
this situa-
of the present agitation let
at our silver exports
May. Here are the
year and last year.
,
1889.
,
,
Imports.
Exports.
Imparts.
$1,516
$589,576
$253,700
$16,298
313,356
883,348
585,700
49,018
33,545
216,291
738,406
42,857
62.962
681,460
26.121
Juno 7
319,040
336,900
2,632
59,050
14,216
145,150
42,999
$410,467
$2,085,433
$2,741,316
$179,925
by bankers'
3 per cent, averaging ^^
Totals
per cent, at which renewals were made. The minimum
of banks and trust companies has been from 4^^ to 5
per cent, some of them continuing to obtain the latter.
Time money, as already said, has been in better
supply, with a more liberal feeling exhibited regarding
What
and
first fruits
of
Jun6l4
balances, has loaned at 7
Our
Washington have in no degree made
the results reached foreshadow
the figures disclose
silver
mean ? What do
The simple fact which
does the foregoing statement
from
this
is
?
that instead of a net export of
port during the
last
six
weeks of
we have had in
the character of the security, lenders being willing now 1890 a net import of $1,674,966.
London shipments,
to accept a fair portion of good mixed. The rates are now under way, or shipments which the past week's
$2,561,391, as was the case in 1889,
in the white metal have started, are
Loans unknown to ns, but judging from the course of our
on trust stocks continue to be made subject to special foreign exchange market, we are inclined to believe
contract.
For commercial paper there is an increased that the new movement is continuing on as large or a
demand, our city banks and trust companies being in larger scale. Applied to our foreign trade statement,
the market again, and a few out-of-town institutions the foregoing result shows (all other things being unare also buying.
The supply of paper is fair, quota- changed) that these weeks have affected our trade baltions being 4i@5 per cent for sixty to ninety day ance by making it less favorable to the extent of $4,336,endorsed bills receivable, 5@5^ for four months 357. Last year our net silver exports were for the twelve
This year we shall
acceptances, and 5|@6^ for good single names having months about 20^ million dollars.
from four to six months to run.
have no silver exports, but silver imports. In other words,
There was a greatly disappointed public on Wall we shall have to make up with other kinds of exports
Street Monday when the markets of America and (either merchandise or gold) not only for the loss of the
the world failed to respond to the silver legislation of 20|- million dollars which last year we shi^oped, but for
Saturday in the House. Every one looked for the whatever silver imports we may draw here through our
beginning of the promised " boom " with the beginning senseless silver speculation. These are the first fruits
of the business week. And yet India and the haunts of the corner in the white metal.
of our silver speculators at London and New York were
There has been a change to higher rates in the Lonthe only quarters where the breeze was felt at all; don money market, the quotation for the discount of
everywhere else there was more than a calm a verita- sixty to ninety day bank bills being now 2f@2|- per
ble retrograde movement.
AVe leave the reader to his cent. The Bank of England has gained £170,000
4|-
per cent for sixty to ninety days, 5 per cent for four speculation
to five months, and o^ for six to seven months.
—
own
inference
;
we
are only recording facts.
Since
bullion during the week, having, according to a special
cable to us, imported £340,000 principally from Portusome respects and in others worse, expecting to gal and Brazil, and received from the interior of Great
vote on the various propositions yesterday and to dispose Britain £110,000,' while £180,000 were withdrawn for
of them to-day, then to send the results to a conference shipment to Egypt and Portugal.
So far as we know
committee for settlement. No one knows what will be the there is at the moment no special fear of heavy calls on
outcome of these movements and counter movements. London for bullion, and if none are developed the
But we are inclined to the opinion, judging from market is likely to settle back to the easier condition
other legislation up to this time, that the dominant which ruled for some time. We notice, however, that
party will not tie itself as a tail to the opposition kite, the open market rate at Berlin and Frankfort is higher,
but will finally pass as good a measure as so bad a sub- being reported yesterday 3^@4 per cent, and that at
ject will permit.
Paris the rate has gone up to 2| per cent.
With silver legislation effected, the question every
The feature of our foreign exchange market has been
one would like to have answered is What next ? A the steady advance in sterling, while until Thursday
popular belief has converted the contemplated action of francs were unaffected. The explanation is found in
Congress with regard to the white metal into a magic the high rates for exchange at Paris on London, these
wand, which when wielded is to immediately electrify rates rising during the early part of the week to ^f.
then, the Senate has taken hold of the
bill,
made
it
better in
—
commercial State. Ours, however, is a practical 30c. to the pound. This condition of Paris exchange
kind of a world, and capital is proverbially conseryatiye. made remitters to France for the moment prefer ster
•every
JUMB
14, 18U0.J
THE CHRONICLK
ling to francs, because their bills would yield a good
and
compensate for the high figures
which they had to pay for sterling exchange. On
Thursday exchange at Paris on London fell to 25f.,
17^0., and then the advantage referred to no longer
existed, and short francs and cables
advanced for
the first time during the week. The advance in sterling
has now nearly reached the point at which gold can
be shipped, and yesterday there were rumors that
considerable amounts would be sent to London to-day.
So far as we could learn, however, only one million
dollars gold was ordered out.
This little flurry in
exchange and gold shipment comes as a reminder
of what we are rushing on to, through our senseless policy with regard
to
silver.
AVe have set
out the facts bearing upon this point very fully above.
The first advance of the week was last Saturday by
price,
811
ACRBAOB AHD COKDITIO* Or WIIBAT ON JVKK
1.
sufficient to
1800.
1W0.
1S8S.
UM.
1887.
8TATBS.
Ohio
Indlwia
lUlDOU
Mlnonrt.
3,400
3.194
Kanui
MIcbiRan
1,881
1,4SS
CBlifornla
OregOD
Now Tort
3,esa
3.808
3,87«
1,888
3.888
3.774
!l,684
1,880
1.818
3,888
870
845
684
1,88S
847
1.8SI
1,060
1.648
3.S81
808
880
3.802
3.420
1.718
7B2
1,62U
3,76«
020
887
1.8W
1,481
1.811
548
1.211
Virglola
1,178
688 08
786 »T
810
aa
Texas
Other winter
3.880
801
3.40
872
3,571
1,180
868
836
545
3.40S
1,>'00
1A»
Peniu7lTiiQla
Tenneiiee
Marrland
451
3.71')
3,44(1
1,M1
ts:
whiat
whiat
78 •J3.IS1
03 ^.1,88C>
13.828 Ul 13,731.
33.(«l 83 34.W3
13,385 87 13.41K
Total all
Peroent of Increase or
decrease In g- reage
36.874
3?\«8fl
Total
Total
winter
tin ing
38.121
'37 Mi
3.8S»
9,781
3,019
1.868
tjm
1,863
saoft
889
880
1.430
1.18»
586
864
e2»
3.40»
34M«
13.27*
3i(.80«
& Co. to 4-85i for long and 4-87^ for
+«•!
+7-7
+»-3
was a very unusual movement, for rarely
Three olplisrs (,0U0) omitted from acreage H^urcs.
or
are exchange rates altered on the last day of the week.
For the other leading crops, the situation thus early
On Monday Brown Bros. & Co. and Kidder, Peabody
& Co. advanced to 4 -SO for long and 4-88 for short, the in the season is quite satisfactory. First and foremost
Bank of British North America posting 4-88^ for the we have cotton, the present position of which is relatter.
On Wednesday all the drawers posted this last viewed at length on subsequent pages. Our results
Brown
Bros.
short
this
;
and the market has since been firm, disclose a pretty general increase in acreage, amountingf
for the South as a whole to 2*67 per cent, while stand
and cable transfers.
At this season of the year the condition and pros- and condition are also in promising shape. In the case
pects of the growing crops always attract much atten- of oats, the Agricultural Bureau reports the condition
tion, since the business outlook is so largely governed 89-8 per cent and the area as compared with last year,
by the situation in that respect, and the present year 98"7 barley is reported 86"4 per cent in condition,
the desire for information is stronger than usual, owing with the area 98-1 per cent; and rye 92*3 per cent, with
to the knowledge that winter wheat was greatly dam- acreage 98 "5 per cent.
Keturns of railroad earnings are of the same favoraged by unfavorable weather. Of course, the precise
as the short rate,
especially for sight bills
;
.
extent of that damage cannot be determined till harvest able tenor as heretofore. We publish our usual
time, but the yield is certain to be less than a year ago. monthly review to-day on another page, and the comThe June report of the Agricultural Department at pilation is more extended and comprehensive than ever
Washington, issued this week, throws considerable light before. This invests with greater importance the
on the matter. It appears that while there was no such results disclosed, and hence it is significant that the
further decline in the condition of the plant during aggregate for May reflects an increase over the corresMay as current reports had intimated, yet the general ponding month of last year of $4,565,484, or 13*79 per
average stands nearly two points lower than on the 1st cent. For the fourth week of the month we have a
May, being now stated 78-1. In 1889 at this time compilation covering 91 roads and showing 15 "25 per
the average was 93, while in 1888 it was only 73. But cent increase. For the 1st week of June 59 roads have
iij addition to the lower average condition, the acreage
reported, and these show a gain of 9*29 per cent.
under winter wheat is reported as less than a year ago, And in every case the improvement follows fair gains
of
much
crops.
The further returns of
land having been plowed up and devoted to other last year.
The Agricultural Bureau estimates the total received this week for April are also in
acreage about 8-8 per cent less than in 1889, Kansas and previous similar exhibits.
Oregon being the only States of consequence showing a has
net
of
$109,000,
including
the
larger breadth.
Atchison,
net
earnings
harmony with
The Chesapeake & Ohio
against
San
$33,000j
Francisco,
the
net
net
of
$934,478, against $729,911; the Wabash
if the outlook for winter wheat is unsatisfactory,
proipact for spring wheat is decidedly more encour- of $198,271, against $157,803; the Flint & Pere Maraging.
In the first place the acreage is larger, Minne- quette,$75,589, against $63,652; and the Ohio Elver,
For March the Chicago &
sota indicating an increase of 18 per cent, Iowa 4 per $18,809, against $16,241.
But
tlia
cent increase, and Nebraska 5 per cent increase, though
on the other hand in the Dakotas the acreage is 5 per cent
below 1889 and in Wisconsin 3 per cent below. Then
also the condition of spring wheat, though not quite
up to that of last year, is yet high, standing at 91, and
since the 1st of June it is known the weather conditions have been very favorable.
From the percentages
furnished by the Agricultural Bureau we have made
up the following statement, giving the acreage and condition for each of the principal winter wheat States,
and also for the spring wheat section. It will be observed that in Indiana the condition of winter wheat
is only 63, in Illinois G4, and in Michigan 69, but
that Kansas shows an average of 80, Ohio 84 and Cali-
Atlantic reports $60,763 net, against $40,119, and for
fornia 86.
stock.
May
the Cape Fear
& Yadkin
Valley has net of $16,-
The Northern
Pacific has arranged to retire the Oregon Trans-Continental bonds
217, against
$12,107.
outstanding, and in giving public notice to that effect
statement of Northern Pacific income,
for the ten months ending April 30,
being one month later than the figures published by us
For the ten months there is a
in our issue of May 10.
surplus over and above all charges of $1,511,980,
against only $454,076 in the corresponding ten
months of the year preceding. In the ten months
therefore of 1889-90 the Northern Pacific earned
submits a
charges,
somewhat
&c.,
in
excess of 4 per cent on
its
preferred
THE CHROJSiCLR
812
rvoL, L,
Exception has been taken to our having included (in New England road, which when the Ohio River extenwill give a connection with
the article on Large Railroad Systems, published last sion has been completed
week,) the Missouri Kansas & Texas with the Missouri Central Ohio.
The following statement, made up from returns colPacific as a road controlled in the Gould interest. The
lected
by us, shows the week's receipts and shipments
grouping attempted in that article was a general one.
of
and gold by the New York banks.
currency
whicli
intended to show the extent of mileage with
MisAs
the
each leading interest was to be credited.
Received by Shipped by
Net Interior
1890.
WKk EtHing June
JV.r. Bank.. N.Y. Banks.
Movement.
souri Kansas & Texas had been formerly in the Mis$2,519,000 $1,385,000 Gain. $1,134,000
Cnrrcney
on
the
appeared
still
and
combination,
souri Pacific
400,000
300,000 Gain.
Gold
100,000
Missouri Pacific map, it was thought proper to class it
$2,919,000 $1,68.5,000 Gain. $1,231,000
Total gold SDd legal tandem
with the Gould roads, even though the property was in
With the Sub-Treasury operations the result is as below.
But
receivers' hands and undergoing reorganization.
l.<t.
the parties in control of the reorganization very emphadeny that Mr. Gould is identified with the propAs
erty, or exercises any control over the same.
Week Bn4(n« June
13, 1890.
Into
Onto/
Bankt.
Banka.
Net Cfctnae in
Bank
Holding$.
tically
The Chronicle
has
no
desire
will be well to set
to
do
it
stated by those
disclaiming Gould control.
President of the road and others
injustice
out the facts as
in the matter,
(1)
who should have
The
cor-
knowledge of the situation insist that the Kansas
& Texas is an independent line, operated in the interests of its security holders, though harmonious relations
are maintained with the Missouri Pacific as a matter of
Banks Interior Movement, as above $2,919,000 $1.6S5,000 Oaln. $1,234,000
000,000
12,600,000 12,000,000 Gain
Bullion holdings of European banks.
June
Banke
In support of the claim that the
an independent line, not under the
(3)
Kansas & Texas is
domination of the Missouri Pacific, attention is directed
to the recently elected board of directors, which does
not reveal the presence of a Gould interest.
(3) It is
pointed out that Mr. Oyeus, the representative of
large foreign holdings of the old Kansas & Texas
Jane
12, 1800.
13, 1889.
of
saver.
Sold.
rect
business policy.
$16,.'J19,000 $ia,68 5,000 Gain. $1,834,000
Total gold and legal tenders
£
England
France
21.760, 670
Germany
52.440.,000
Toted.
Sold.
£
£
21,';
760,670
..
Silver.
lotal
£
22,881.599
22,881.509
,380,000 43,;28,0W 49,382,000
50,,934,000 103,3
93,690.000
47,853.000
21,180.000
29,228.,667 14,,614,333
43,813,000
31,902,000 15,951,000
Aust.-Hung'y.
6.611 .000 16,,305,000
,816.000
Netherlands..
Mat. Belgium
4.817,,000
5,,746,000
,693,000
5,445,000 15,685,000
6,511,000 6,869,000
2,891,,ooo' 1, 415,000
,336,000
2,847,000
1,423,000
12,180,000
4,270,000
-
Tot. this week 118,681 ,337 83.0
Tot, prev. Wk. 116,208.,315 88,8
>,728,870 112,317,509 89,590,000 201,907,509
S,133,315 1 1 1.048,494189,535.000 300,583,494
CHARACTER OF ROCK ISLAND TRAFFIC.
The
two years have been a transition period for
& Pacific Railroad. For a
long time it had a firm and profitable hold upon the
traffic of the Northwest. It had its line to Omaha and
through the Burlington Cedar Rapids and the Minneapolis & St. Louis, controlled in its interest, it had connections with St. Paul and Minneapolis and points in
terest, such a step being scarcely desirable for the Minnesota and Dakota.
The route obtained in the
Missouri Pacific.
(5) To these other reasons we may latter case was not the best to be had, nor was it the
add of our own knowledge that prior to the reorganiza- oldest, yet it served the purpose of securing to the
tion Mr. Gould's interest in the stock was apparently very Rock Island an important share of the growing busi•mall, as a proposition emanating from him suggested ness of the Northwest.
the virtual wiping out of the old stock.
But, as we all know, there have been very decided
(6) Finally the
.reorganization committee composed of F. P. Olcott, changes in recent years in that section.
The NorthJoel F. Freeman, Henry W. Poor, Henry Budge, Col- west has not ceased to grow.
On the contrary, its
gate Hoyt, Louis Fitzgerald and H. J. De Marez Oyens growth has been more marvelous than before.
But
will have the naming of a board of directors to hold
out of a desire to share in the prosperity of that part of
office for two years from the time of the incorporation the country a great amount of new railroad mileage
of the new cdmpany.
has been built and many parallel and competing lines
The stock market has relapsed into dulness, and provided. As the result of the rivalry thus engen-
would not give his assent to the reorganization plan until he had thoroughly convinced
himself that the road would really be maintained as an
independent line. (4) The confirmation by the stockholders of the lease of the Kansas City & Pacific must
be accepted as evidence of the absence of a Gould insecurities,
There has been no
important decline in prices, and operators for a fall do
not appear to be particularly active, and yet at times
the tone has been a little weak. Quite unexpectedly, the
passage of the silver bill by the House of Representatives last Saturday failed to stimulate the market and
inaugurate a boom. Passenger rates in the West were
restored
as
agreed
upon,
but
on
the other
hand there have been somfe
further
reductions on special articles of freight by the trunk
lines running east from Chicago. The New York Central has authorized a new issue of bonds.
The rise in
the rates for foreign exchange and the report of the
poor condition of winter wheat have been unfavorable intransactions are on a small scale.
The railroad situation and the business
outlook both continue encouraging.
The Mexican
Central has decided to begin the payment of interest on
fluences.
one
class of its incomes,
sumed dividends on
& Western
its
and the Fitchburg has reThe Norfolk
preferred shares.
has secured control of the Scioto "Valley
&
last
the Chicago Rock Island
dered, and also because of other circumstances, busi-
ness there has been growing less desirable and less profRates have been reduced to very low figures,
itable.
and on through
traffic in
some
cases
would hardly ap-
pear to be on a paying basis. At the same time the
increase in the nifmber of competitors naturally diminished the share of traffic
coming
to each.
undermined
upon the Rock Island manageproviding new sources. There was but one
With the
old sources of traffic thus being
the necessity was forced
ment of
way apparently in which this could be done by buildAccordingly that was the policy
ing new extensions.
—
Other large systems had pretty well occupied
the ground to the north and west, so the Rock Island
managers determined to make their new extensions in
that is, in the Southwest, rather
a different direction
than in the Northwest. They already had lines to
Kansas City and St. Joseph, which answered well for
Hence an important system of roads
this purpose.
west of the Missouri, comprising about 1,500 miles, was
pursued.
—
JONB
THE CHRONICLE.
14, leiO.]
provided, mainly in the Stato of Kansas, but giving the
system connections in the one direction with Denver,
'
Mninlh Bittw'A.'
Wheat
[
i
I
i
\
I.liilt)
had been poor for several successive years and business
was being done at unprofitable rates. With a season of
good crops, however, and rates restored, the situation
has become decidedly more encouraging, and now we
new
rived from the
Do
advantages de-
mileage.
the results justify the step taken
(%»al
.It
'
ctmlont.
and
c(»ki)..
—
lima.
loe.dia
023.003
eS7,2U8
58,118
88.629
iSt.ma
76,874
'
SSn.Om
164.290
34,061
121,067
142.698
806,95»
66,689
5.17.761
462.172
74.818
1,2'.».«8-J
'
M87-S.
'
1>tn§.
Tnnt.
H8.400
ima-7.
aw.iss
aia.lKI?
m.&vi
211,928
4o.72»
77.7(lfl
B8,9»
4H.II31
34,606
60,340
192,004
137,024
21,615
130,010
78,670
177.422
11H.047
22,3,'>7
m.iM
101.037
2.'i»,4l7
2t0,2«9
403,122
423,810
67,609
61«.»72i
87,445,
.128.097
148,177,
a2,09»
63,836
62.248
46,814
66,396
47,024
00,510
47316
S0,«371
41,8811
18,86i:
190.114
96,975
63,700
81.137
Drain
Mo,
tiles.
|
lWS-«.
482.006
-^Ag'c'l Impliu'ts.
Fruit
llWI-6.
86,614
,111.774 1,081.279
266.020
Salt
Oil
•
8.1.3(M
18.1,076
08,661)
21.1,214
Hl,3r>2
Suffar&Hjrup..
W8»-«.
100.731
i8<i.Hr>2
Iron lall klriilHI..
Railroad Hum
35.300;
18.001
tQrand total... 0,028,836 6,00e,840i4,070,400|4,180,108 8,873,006 8,080,502 3.019441
Ktated.
f Inoludtng vehicles and maohlnerr.
InclndlDK aU other Itemi.
§ In this year the preponderating amount mored eastward.
*
It is a little
?
UMH-O.
IflSSHM).
'
Colorado Springs and Pueblo, and in the other furnish- Cora
0»tH
Barlar
ing lines into the Indian Territory.
nour
MtlllltUflk
the
in
one
sense
bold
one,
undertaking
was
a
The
H»r
Cntlle
Atchison and the Missouri Pacific being also engaged Hoftll
Beef and pork..
and Krarel.
at that time in building much new mileage in the same Sand
Brick
stone
section.
The experiment has therefore been watched Ore
jk bullion...
At first it looked as if the Maint]/ iVrntw'd.
jvith considerable interest.
Mt>rchandlH(*
venture would prove a total failure. Crops in Kansas l.iitul>er.1ath,^.
are in better position to judge of the
818
Not
:
a positive answer to this question, since
Neither
We here see that the total tonnage for 1890 on the
combined eastern and western lines was about a million
the traffic nor the income of the new mileage is stated tons in excess of the tonnage for 1889 on the lines east
We of the Missouri alone. Looking at the separate items
separately fi'om that of the rest of the system.
total
traffic
and income in- of freight we find that about one-half of this one milthat
find, however,
and lion tons increase is in corn, the tonnage for 1890
year,
the
late
creased very materially in
from known facts, and others which we shall being 923,00.5 tons, against only 430,852 tons in 1889,
difficult to give
evidence bearing on the point is rather meagre.
seems warranted that the
measure
to the building of
due
in
good
improvement
For the late fiscal year the
the trans-Missouri system.
Rock Island earned a surplus above the amount required for the dividends on its share capital. To be
sure, the surplus is very small, but it compares with a
deficit the previous year, even if we allow dividends for
Furtherthat year no larger than for the late year.
more, though the ratio of expenses and taxes to earnings for 1890 is fess than for 1889, it yet stands above
70 per cent (70'72), and at that figure is large enough
that
to cover quito considerable expenditures for betterments
tation
and improvements.
Those disposed to question the wisdom of building
the new extensions will no doubt point to the increase
in interest and other charges entailed by that course,
and to the fact that the company is now paying only
4 per cent dividends, instead of 7 per cent as formerly.
especially
set forth below, the inference
is
But the reduction of dividends proves nothing. It
might have come any way, even if the extensions
In fact, it was because a rehad not been built.
duction seemed inevitable from the situation prevailing
that the management felt it incumbent upon themselves
to
make
As
on their
cost,
opinion.
new fields and seek to recoup
whether the new lines meet the interest
there is no evidence on which to base an
incursions into
loss.
the
to
And
really the question is immaterial to the
amount was considerably more than
Remembering what an extraordinarily large
the
is,
doubled.
corn
crop
Kansas
raised
season
last
—240
million
83 million bushels in excess of the year
and remembering also that now over one-third of
bushels, or
before
—
the Rock Island's entire mileage
is
located in that State,
the conclusion seems inevitable that a good part of the
increase in the corn traffic came from that source. The
same e.xplanation also applies presumably
crease in cattle, where the tonnage for 1890
large
these
two
noteworthy,
items
since
gain recorded can
be
the in-
is
286,003
The augmen-
tons, against only 177,422 tons in 1889.
in
to
and
(corn
cattle)
no
parallel
found in the
to
is
the
figures
tonnage
having
indeed
but
little
items
in
1889
been
those
of
greater than the tonnage of the corresponding items
namely, 1884.
in the initial year given in the table
The lack of growth in the interval reflects the increased
competition to which the road was subjected in its
The effects
operations in its old field the Northwest.
of the same circumstance is still more strikingly shown
in the case of flour, where against 144,203 tons in 1884
and 189,852 tons in 1885, the amount in 1889 had
dropped to 77,766 tons even in 1H90, on the larger
mileage operated, there has been a recovery only to
88,526 tons, little flour being produced in the Southfor
any
of
the
years
preceding,
the
—
—
;
For an extension might be very far from self- west.
New lines are not
sustaining and yet be justifiable.
The 1890 gains in some other items besides com and
expected to be profitable in themselves the profit on cattle must also be considered as due in a measure to
their operation comes from the traffic and business the new lines.
And this is true of west -bound freight
which they secure to the parent company, such traffic as well as east-bound, for with the growth in settlers
usually furnishing a long haul.
and farms and production, the general wants of the
Are the new lines, then, of the Rock Island affording communities increase, and this increase is reflected in a
the increase in traffic which was counted on from their larger demand for such articles as lumber, coal, merconstruction ? On that point there would seem to be chandise, &c.
As bearing out that statement, we find
no room for doubt. We have already stated that we an increase in 1890 not only in the items mentioned,
have no figures to show the traffic of the new lines by but also a recovery in many other items which in the
themselves; but we have prepared the following com- previous year had shoWn a retrograde movement.
Iron
pilation which throws considerable light on the matter. and railroad ties are apparently an exception to this,
It gives the tonnage of the principal items of the com- but there was very little new railroad building in the
pany's freight for the late year on the system entire late year, and consequently very little shipment of con(the old and the new lines combined), and compares struction material.
those figures with corresponding figures of tonnage on
The object for which the Rock Island extensions
the old lines alone in the years preceding.
were built therefore that is, to obtain additional traffic
issue.
;
—
THE CHRONICLR
814
—seems
been attained. Moreover, as these
extensions have done so well thus early in their career,
the prospect of their doing still better in the future
to have
And
would seem to be very good.
A
essential point.
If
it is
that after
all is
railroad system cannot stand
threatened with loss in one direction,
to recoup itself in another.
it
The immediate
the
still.
must seek
result
may
be increased charges and lower dividends, but in no
other way can the property itself be protected and its
future assured. In the Rock Island case the benefits
[Vol. L,
and in his speeches since his retura
had given abundant evidence that his
sole anxiety was that England should have the benefit
of what he had done in the way of opening up the
vast and valuable territories in the region of the great
lakes.
But why force favors on an unwilling people ?
Why tender advice when advice is not wanted ?
But it was still necessary to explain his words and
yet on African
soil,
to civilization, he
his position.
the
On May
London Times,
and with much
are already apparent.
30, therefore, Stanley wrote to
stating his case with great fullness
Lord Salisbury was probably
him to presume to address.
The topic was said to be "embarrassing and inconvenient." It would be much more so if the British Government made concessions detrimental to the interests of
force.
too exalted a personage for
SALISBURY AND STANLEY.
Matters have taken a somewhat peculiar turn with
Mr. Henry M. Stanley. He has signed a contract with the country. In his prefatory remarks Mr. Stanley furMajor Pond, pledging himself to come to the United ther took pains to say that he had "no interest in British
States in the fall and deliver a course of lectures under East, South, West or North Africa other than a purely
The course will consist of sentimental one." He then points out the concessions
the Major's management.
fifty lectures, and Stanley is to receive fifty thousand in detail which, in his judgment, had been most unwisely
The immediate future of the made Kilimanjaro, discovered by a missionary in
dollars for the course.
—
great explorer
This
is
British pay; Massai-Land, 20,000 square miles in extent,
thus decided.
not exactly what the public have been exthose who have been watchful of
is
pecting.
Among
Stanley's
movements
since
his return
from the Dark
Continent there has been a very general conviction that
he would go back to Africa at no distant day in some
representative capacity in the interest of the British
explored by a British traveler; 300 miles of coast
on the shores of Lake Victoria Nyanza, explored
by a traveler in British pay. In Stanley's judgment
there was not the slightest warrant for any of these
concessions unless it was an amicable desire to please
the German Emperor. Stanley concludes this part
fails
to
his
subject
by saying that he
of
he was to blame for warning his
see wherein
friends.
"If," he says, "through a purely friendly
interest in your ventures I warn you that your assea
are straying or that your warehouses are burning, or
that thieves are picking your pockets, it -strikes me that
first
line
Government. It can hardly be said that Stanley courted
any such appointment. It is understood that he refused
the position of Governor of East Africa a position
which was afterwards offered to and accepted by Sir
Francis De Winton. All the same, however, the
belief prevailed that, although Stanley was not anxious
to return to Africa immediately, private and personal it is the height of ingratitude to shriek ' Imperial
is of so
Imperial policy
If your
reasons being in the way, he would within a short time policy ' at me.
go back to the scenes of his numerous adventures and dreadful a nature as to cause your elected representavictories in the manner and character stated.
tives to cower and wilt under its terrible burden, I want
What has led to the change ? The story is not unin- none of it. I only mean to say that if you go on ad-
—
'
teresting.
When
dining at the Cannon Street Hotel
'
mitting, with superb thoughtlessness, that every square
London Chamber of Commerce, mile of African territory legitimately yours may be
Mr. Stanley spoke in somewhat of an alarmist tone claimed by Germans, it will have a fatal effect not only
regarding the state of affairs in East Africa. He had upon British enterprise in East Africa but upon the
If you go on confessing that the
delivered in 1884 forty lectures in Great Britain; but Soudan and Egypt.
he had failed to make an impression. He delivered African topic is a heartless bore, and bristling with
only five lectures in Berlin, and at once Germany was embarrassments, why grant charters to companies to
on fire, and five hundred thousand square miles, across involve your countrymen in wasteful expenditures of
which British travelers had passed and on which they money, labor and life ? "
" Behold
had made their mark, were lost to England forever.
Referring to the Germans, Stanley says
Lord Salisbury at the dinner of the merchant tailors German claims
The Congo State to the west, the
took occasion to animadvert somewhat sharply on what Southern Soudan in the north these are boundaries of
Mr. Stanley had said. Mr. Stanley was not behind German aspirations." He reads on the faces of his
the scenes, he said, and was not in the possession of British friends something like despair. They seem to
Government secrets. Nothing had been surrendered to be saying to themselves, " All for Germany, nothing
Germany, for no agreement had been come to and for us. Ironclads- to help them, Soudanese soldiers,
as the guest of the
:
!
—
none would
be.
It was for the trading companies, for political influence, the goodwill of the British Governthe British public, and the British Parliament, to decide ment
but not an encouraging word for us." His
what should be done, in regard to possession and respect for Lord Salisbury bids him say nothing ; but
responsibility, with the magnificent territory which Mr. friendship and a clear unbiased view of the drift of
;
There was evidence in Lord
way of putting things that he was offended
with Stanley's mode of lecturing himself and the members of the Government generally.
It was very much
as if he had said: "Mind your own business, Mr.
Stanley we can manage our own affairs."
Stanley was conscious that what he had said he had
said from honest motives.
During the course of his
journeyings he knew he had lost no opportunity to ad-
"Be
whole affair bid him raise a warning.
assured," he goes on to say, " that if these demands of
the German colonists are granted, your sphere of in-
Tance the interests of England.
enough.
Stanley had revealed.
Salisbury's
;
In
his letters, while
the
fluence
is
absolutely valueless."
" The cry now
in Ger-
many," he concludes, "is that of the horse-leech's
Give, give, give !' and without speaking at
daughter
all at Lord Salisbury or the timorous members of the
House of Commons, I wish to ask the commercial
—
men
of
'
England
if
they do not think they have given
Shall nothing except the
semi-deserts of
Junk
THE CHRONICLK
14, 18«0.J
MaBsai-Land be reserTcd for your own conntrymen
If
?
then in the name of common sense why waste valuable time in talk and good sterling money on desert
Having relieved his mind of the whole
•wastes ?"
matter in this way Stanley virtually abandons the
so,
in any way related to
were any arrangements
contemplated, looking to the employment of the great
explorer pn African soil, it is safe to say that further
progress will not be made for some time to come at
African business so far as
himself and England.
it
is
If there
least, if ever.
Different minds will take a different view of
this
and will arrive at different conclusions.
Stanley was probably too outspoken in the first inGovernments do not like to be lectured by
stance.
private and irresponsible parties, and if he had known
Lord Salisbury better he would have known that he was
not taking the very best method to bring the Prime
Minister round to his way of thinking.
On the other
hand, Stanley had a right to speak such as no other
man had or can have. As we have said, he had accommatter,
He
plished a great work.
was proud
—justly
proud
had done and he was desirous that the
land which gave him birth should reap such benefit as
He came home
in his judgment there was to be had.
with high hopes and great expectations. He had become
anti-German in all his thoughts, plans and purposes.
"When he found the British indifferent and the Germans
and avidity, his disappointment was
all eagerness
of what he
;
815
preliminary statement for April reported $718,803 increase; when the full statement is published doubtless
amount will be somewhat larger. The heaTicsk
monthly increase on the Pennsylvania lines east of
Pittsburg and Erie was that made last October, namely
But the Atchison with the San Francisco
1711,614.
we have seen has $832,470 gain, and moreoror this is
merely on the preliminary estimates. The audited result nsually proves much better thaa the estimates,
and if that should be the case in May the actual
gain
might be very much hearier even than
the
now
What
indicated.
May
the
returns
of
the Union Pacific and Pennsylvania will show we do
not of course know, since those companies furnish no
early estimates.
In any event, for the present the Atchi-
son must bo regarded as having presented the largest
amount
of
statement.
distinction
shown in any monthly railroad
Whether the company would retain that
could we have the monthly aggregates of
increase
earnings since January
1,
1889, for the whole Pennsyl-
vania Railroad system of 7,664 miles, instead of only
for the less than 2,400 miles " east of Pittsburg and
Erie,"
is
perhaps
to think that in
a question,
some months
since there
last
is
reason
year the aggregate
gain for that system entire was close
to, if
not in excess
In making these comparisons,
we have omitted mention of the March, 1889, returns
of the Burlington & Quincy, showing $862,570 gain in
gross earnings, with $277,840 more on the lines conof, a
million dollars.
He
spoke out of the fullness of his heart. trolled, because that followed from exceptional causes
to his aid, and rectify what seems the engineers' strike of the year preceding and thus
wrong. Meantime we shall benefit by Stanley's visit did not indicate a growth of traffic and business.
and profit by some of his experiences.
But while the gain by the Atchison is exceptionally
large in amount, there are many other companies which
SHOW. have also added heavily to their totals of the previous
GROSS
extreme.
—
Time may come
WHAT THE MAY
EARNINGS
As confirmatory of this remark, take the folearnings are distinguished for some note- year.
worthy characteristics. In the first place the compila- lowing summary of the more conspicuous gains shown
tion is the most comprehensive of all the monthly state- in the extended table at the end of this article.
The May
$110,582
$710,761 Norfolk & Western
kind ever published by us, containing a Atchison
109,744
121,715 East Tennessee
Sau Francisco
103,723
Wisconsin
Central
larger number of roads and covering more mileage than
97,059
$832,47(5 Cln. N. O. & Tex. Pac....
NorthwoKtcrn....
74,476
Chic.
&
308,427
Northern
Pacific
place
it
any previous similar exhibit. In the second
73.020
235,243 Denver & Rio Graiule
New York Central
71,764
St.
I. ..
Clev.
Cln.
Chic.
&
...193,680
Northern
system.
Great
corrailroad
contains the heaviest increase by a single
70.232
St. Paul
176,525 Chlo. MU.
Louisville & Nashville
159,831 Minn. St. P. it B. 8. M arte 65,510
poration which it has yet been our privilege to record. Ches. .feOhio
144,901 Col. Hock. Ynl. dk Tol.... 62,149
Canadian Pacific
both
134,403
Paul
&
K.
roads,
Chle.
St.
C
the
all
for
Finally, the aggregate increase
These are simply the roads with the largest amount
in amount and ,in ratio, compares well with the best
which we have had since the present improvement of gain, embracing, however, nearly all sections
the Southwest, the Northwest, the
of the country
began that is, since the 1st of January, 1889.
With regard to the size of the compilation, it con- Pacific Coast States, the South, the Middle States and
ments
of this
'
;
'
.
lic
,
;
I
—
—
In addition, there are many
of gain is not so large aa
A
in the above cases, but where the ratio of increase is
even heavier. Selecting a few of these at random, w«
may refer to the New Orleans & Northeastern with
furbeen
have
by us up to that time. But since then we
158,853, or nearly 80 per cent, increase ; the Toledo St.
comeven
that
list,
so
the
ther adding to and extending
Louis & Kansas City with $51,291, or over 80 per cent,
May,
in
roads
of
representation
large
pared with the
Western with $46,085,
there are now 30 additional lines and 8,413 more increase, and the Rio Grande
time 160 lines or systems, operating no less
year ago in the same
than 85,816 miles of road.
month we also called attention to the comprehensive
nature of the statement, it being the largest published
tains
this
the Middle Western.
other roads where the
amount
1889,
It is perhaps not out of place to add, or about 45 per cent, increase.
The truth is, the present statement, as said above, is
that these comprehensive results and tabulations
had in recent periods. This
are furnished within fourteen days after the close of the among the very best we have
the amount of increase or
consider
we
whether
is
true
month, giving the information additional interest and
October the gain on the
Last
increase.
of
the
ratio
disfacts
usefulness by reason of the freshness of the
The
$5,073,775.
aggregated
statement
our
in
roads
closed.
short of that, being
million
a
half
falls
May
gain
for
by
increase
a
large
prominently
In reference to the
has been no other month except
single company, we refer of course to the Atchison. $4,505,484, but there
In ratio
as this.
Including the operations of the St. Louis & San Fran- October when the gain was as large
for Octhan
heavier
is
even
cisco, that company reports for May. ah increase of -no the present improvement
precedany
in
than
larger
or
13-79
cent,
per
We have had some pretty heavy tober, being
less than *832,476.
12-30.
only
it
was
October
in
while
month,
ing
gains in recent periods, but as a rule they have not run
gain
the
when
months
other
two
been
have
There
in
its
much above $700,000. Thus the Unidn Pacific
miles of road.
too,
81
THE CHRONICLR
rt
per cent, namely January 13-21
13
above
The following
13-73 per cent.
April
percent, and
reference
with
May
position
of
the
glance
a
reveals at
and
amount
both
regards
as
months
recent
other
to
RECKIPTS AT CHICAGO DUill.SG MAY ASD SINCE JANDARV
•was
percentage of improvement
Increase.—-^
,
3,459.018
6,073,775
4,074,843
3,140,104
4,003,039
Bept
Oct
Nov
Deo..
Jan
10-27
12-30
Amount.
3,071,327
2,771,154
3,907,835
4,565.464
Feb
Moh
1202 Apr
9 81
13-21
P. C.
S
May
11-38
907
13-73
1379
Januarv
Mati.
1880.
1888.
1869.
Wheat.biuh.
Com... bush.
Oats bush
7,122.981
Bye., .bush.
Barley,bush.
828,054
567,883
367.037
9,805,208
4,889,448
127.064
410,144
Total grain
Flour., bbls.
Pork.. ..bbls.
17.883,585
11,838,801
310.718
8.476
26.320,818
14,1*7,434
312.590
.
l7UTease.
A.mount.
P. C.
.
IVOL.
812.950
9,054,717
.
Cntm'ts.Ibs.
I*nl
lbs.
1889.
663.075
6,980.911
2,933,821
I
to
1,
Ma]/ 31.
1S90.
1
2,81 1,7811
1888.
3,219,136
35,607,698; 25,537,609, 20,809,807
27,901,549 15,808,832 17,061.766
8,262.082
107,362
1,081,938
497,837
317.453
6,035.082
4,575,813
398,716
3,636,49*
14,310,873
72,662,881
49,034,612
45,145,965
1,2.51,.550
3,073,833
20,783
57,199.922
30.509,387
2,298,830
615,266|
l,839.037j
22.424.402
2,065
33,851
18.591
10,i73.916ll30.598.913! 93.938,317
9.023.287
4.883,002] 57,152,99l| 38,201,315
1.745
li.
show the generally LlvehoKsNo
482,7701
2.911,2981
2,327.1(»
537,9771
493,250
namely the
statement,
present
the
It must not be supposed that because Chicago records
good character of
There are 25 smaller corn receipts than in 1889 the corn movement
insignificance of the losses recorded.
roads altogether which fall behind, but aside from the as a whole was smaller.
So far from that having been
decrease of $36,588 by the Louisville New Orleans & the case, the total for the five weeks ending May 31,
Texas, which road has not yet fully recovered from the 1890, at the nine leading Lake and River ports of the
One other circumstance goes
effects of the overflow of the
to
Mississippi, the decrease
by the Wabash on account of the passenger
war and low freight rates, and the decrease by the three
Mexican roads aside from these five roads there are
not any which show a falling ofE of as much as $5,000
And the comparison for May is with
in amount each.
earnings
as a whole in the year preceding.
pretty good
In fact our May statements have recorded larger or
smaller improvement in the whole of the last decade,
of $85,788
—
with only one exception, as the following
will
West, including Chicago, stands at 17,798,4-20 bushels,
corresponding
against only 13,685,382 bushels in the
weeks of 1889, and 10,838,323 bushsls in the same
St. Louis has had the greatest benefit
from the larger corn arrivals, having received 0,288,585
bushels in the five weeks of 1890, against only
After
1,891,400 bushels in the five weeks of 1889.
Toledo is also very conspicuous in
St.
Louis,
this respect, haviag received 1,936,590 bushels, against
five
period of 1883.
make 495,700
bushels.
In
o.its,
gain
the
in
the
West
whole has been even heavier than in corn, reashing
over six million bushels, and while the most of the in-
apparent.
as a
Earnings.
mieatf.
Perioa.
rrar
S'eaT
Givtn.
mia.
May. 1880 (44 roads)
May, 1881 (45 roadsl
May, 1882 (50 roads)
May, 188-J (59 roads)
May, 1881 (00 roads)
May, 1885 (58 roads)
May, 1886 (o3 roads)
May, 1887 (102 roads)
May, 1888 (109 roads)
May, 1889(130 roads)
May, 1890 (180 roads)
Pr
ctding.
Miles.
Tear
Year
Given.
Preceding.
Decrease.
t
*
t
11.831,041 inc. 2.815..572
:6.708.65l| 14,242.197 Inc. 2.488 4.57
14.619.613
32.005
42,345
47,280
43,882
44,317
17,355
80,066
68,167
77,403
M,903
36,049
42.730
39,713
43.537
46,085
57,154
64,210
74,843
83,689
crease is found at Cliic.igo, n3arly all tho other points,
and notably St. Lo.iis and Peoria, also report enlarged
In the heavier wheat receipts Minneapolis is
totals.
very prominent, indicating a free movement of springwheat to the Northw3itera markets. Aggregating all
20.821,492
18,.'-.2l,S82llit«.
2,303,110
21,497,057
19,68,3,735 Inc
1.8.W.322
18,038.831
17,457,303 Inc.
681.628
17.194,365 D/c. 1,298,837
the different cereals, the
18.417,532 Inc.
of 41,516,918 bushsls, ag.iinst only 27,739,175
15.830..528
17,070,179
.
852.647
26.132,332; 22,594.531 Inc. 3,537.801
five
weeks of 1890 yield a total
bishels
weeks of 1839. Evidently therefore Westin the
27,73»,727j 28,253,317 I?ic 1,483,410
31,488,2101 29,816,199 [nc. 1,872,011
ern roads have boen dojideJly favored through the
37,683,2371 33.117,763 Inc 4,565.481
85,816
grain movement, notwithstanding some points do not
Of course, as in the months preceding, there have show as large an increase as in the month preceding.
been a number of favoring elements, all tending to Here is our table giving full details.
swell railroad earnings
active business, large grain
RECEIPTS OF FLOUR AND GRAIN FOB FIVE WEEKS KNDED MAY 31,
AND SINCE JANUARY 1.
But the
receipts and a heavy provisions movement.
advantages from at least one of these we mean the
Wluat,
Corn,
OaU.
Barltv.
Flour,
Aim,
(fcusft.)
(bush.)
(bush.)
(bush.)
(Iliuh.)
(fctU,)
grain receipts has not been so general or uniform as
Chieaw—
604.683
aS7,733
8,014,193 9.953.682
371,706
361,828
1890.
heretofore, and, besides this, the passenger war in the 6wks.May,
437,485
1.38,83*
338.087
390.318 10,008,201 5,307.815
6 wks. May. 1889.
2,98i),098 38,301,3.58 21.175,4>8 6,121.145 1,1124^
Since Jan. 1. 18J0 1,881,697
West continued unchecked through the whole month Since Jan. 1. 1889 1,388,150 2,853,685 28,400,800 16,151.995 4.029,608 5i4,res
miwankrrof May, and in the Southern States there was a smaller 5 wks.
150,635
81,920
381,500
877.300
191,308
838,653
May. 1890
36,860
250.000
167,300
95,810
186,810
456,956
5 wks. May, 1889.
Taking
Chicago
as
cotton movement than a year ago.
4a7,62&
348,850 1.188.500 2,650,848
2,354,416
Since .Jan. 1. 1890 1.253.888
543,835 1.032,000 2,027,880
118.809
925,532
2,108,383
Since Jan. 1,1889
an illustration of the remark with regard to grain, we
3t. Louis—
84,558
67,212
8,288,565 1,483,910
392.822
121,760
6 wks. May. 1800.
18,423
find that that point actually received two million bush- 5wks. May. 1889.
1,881.400 1,091.135
21,009
73,980
264.841
330,910
831.811
659,714
2.613,425 3l,.598.818 4,893,705
Since Jan. 1. 1890
65,312
679.082
389,544
1,217,410 13,798,431: 4,181,495
els less corn in May, 1890, than in May, 1889, the totals Since Jan. 1, 1889
4,218
13,*48
460
1,938,590
being 7,122,981 and 9,305,208 bushels.
17,683
168,810
On the other 5 wks. May, 1890.
2,85*
23,771
2.320
495,700
12,669
126,571
6 wks. May. 188.t.
36,801
9,420,970
79,028
22,702
52,521
77C,343
hand there was a gain of 4f million bushels in the Since Jan. 1, 1800
61,697
«3,29i
1.915,889
110,181
53,943
608,508
Since Jan. 1, 1889
DelroUreceipts of oats at Chicago and also a gain in
70,635
189,*75
158,985
17,928
310,349
5 wks. May, 1890.
134,198
*0,930
98,432
11,200
249,588
the other cereals, so that altogether Chicago received 5 wks. May, 1889
737,995
808,17*
645.283
1.232,268
77,285
Since Jan. 1, 1890
817,830
280,918
1,418,751
63,707
746,238
Jan.
1, 1889
Since
about three million bushels more of grain than a
Vlevclnn'i700
54,695
131,119
318,385
35,.374
274,799
wks. May, 1S90.
year ago, notwithstanding the loss in corn.
This 65 wks.
t*l
58,7831
167,219
50,331
2-37,762
3<,337
May, 1889.
22,498
286,913
393,897
987,022
145,155
939.607
Jan. 1, 1890
counted as an important circumstance in enlarging rail- Since
12,508
697.747
185,100
318,010
131,135
»1*,732
Since Jan. 1, 1889
Penri/i —
road earnings, but in April the gain in the movement 6 wks.
31,900
80.900
1,031.,500 2,175,000
92.100
11,732
May. 1890.
33,000
53,400
1,007,150 1,531,000
88.750
11.1*0
5 wks. May, 1889.
101,750
had been much heavier, amounting to 4| million bush- Since Jan. 1. 1890
820.500
7,210,901 8,,531,000
39-2,B10
48.082
195,700
377,400
6,550,360 4,577,000
*2,681
398,238
Since Jan. 1,1889
els.
The live stock and provisions receipts also show
IJiWut I—
133,*3t
79,038
340,583
5U,581
5 wks. May. 1810.
2,183
greatly enlarged totals as compared with last year, 5 wks. May, 1889.
29,873
339,443
1»*,815
1,218,939 1,013,255
2,94-2,744
531,115
Since Jan. 1, 18.)0
10,121
*J3,968
though here, too, the amount of addition is not quite Since Jan. 1. 1880 378,462 1,801,297
five
.
.
—
—
—
/
up
to that for the
is
of very
month preceding.
substantial proportions.
Still
the addition
Thus, of
pork
the arrivals in May, 1890, were 8,476 bbls., against only
1,745 bbls. in May, 1889, while in cutmeats there was
a gain of four million pounds and in lard a gain of five
million pounds.
received than in
Jfiim-'ipoli^—
May. 1890.
May, 1889.
Since Jan. 1, 1890
Since Jan, 1, 188J
5 wks.
5 wlis.
3,8-27,515
l5,V9J
"
15,79.
?,39I,055
14,023,333
10,170,01*
Total oF alt—
5 wks. May, 1890.
5 wks. May. 1888.
1,098.19
827.8.1
1..'>21.29S
ainou Jan.
S ace Jan.
4.552.21
3.358,9i
38.-248.113
1,
ISM
1,
1880
6,834.892
20.577.533
•:::':!
17.-98.420 l*,621,3')t 1,653,132
782,786
l-!,885.382 8,5*0,119
87,882.62 33,330,033 10,11-: ,702
60.396.000 27.278.405 8.130,835
828.370
226.612
2,092,018
930,147
Of live hogs 41,727 more head were
We have already stated that the cotton movement in
That applies
May, 1889. Here is our usual table.
the South was smaller than a year ago.
June
CHRO^lCLR
'J'HE
14, 1890.J
more" particularly to the shipments overland, which in
May, 1890, amounted to only 24,449 bales, against
is
817
generally satisfactory
—the
more
so
view of the
ia
passenger rate war, and the low freight rate? over particular districts.
The Minneapolis & St. Louis and the
At the
33,365 bales in 1889 and 63,038 bales in 1888.
Southern outports the receipts have been decidedly ir- Quincy Omaha & Kansas City are the only NorthwestThe Oreat
regular some points showing a loss, others a gain. As ern lines reporting diminished earnings.
—
a whole the receipts are 51,678 bales for 1890, against
49,157 bales in 1889 and 114,245 bales in 1888. Sub-
joined
our regular statement.
is
May.
RECEIPTS OP COTTON AT 80UTHEBN PORTS IN MAV, AND FROM
JANUARY 1 TO MAY 31. 1890, 1889 AND 1888.
Since January
May.
Burl. Ced. R. t No.
Chic. Mil. A St. Paul
1.
1889.
1888.
Chioago* H.W...
Iowa Central
178,128
100,183
Mil. L. 8.
PorU.
SklreRton
2,860
balee
1,798
18.643
28,530
»01
Mobile
69,401
10,569
45333
180.400
176,690
137.408
52.010
42.185
60.590
8?,837
28.982
75,7Bi
038
13,58U|
9.725
6,078
14,781
1,3M
U
1,184
Brunswick, &c
ChorleaUm
1,821
5,27*
6,995,
572
505
560,
81
8,819
21,870,
Port Royal, &o
Wilmington
Washington, Ac
Norfolk
838
6l0.2ia
5.35.61
49,760!
Savannah.
3.017
485*
6,503
5.201
19,509,
23,460
19,167
1,028
1,855
819
99.070
123.082
11.5.0112
221,347
143,573
114.218 1.208.098 1.518.661
lilOS..'):!!
I
*i
8,072'
&c
3,919'
Total.
As
525,8!»
I,4:i3
21,08}
6.419
49.157
51,678
a class, no group of roads
112,722
makes a
better showing
than those in the South, notwithstanding the indifferent character of the cotton movement.
This has
been noted before, but the fact is becoming more conspicuous with eilch succeeding month. The improvement is large and general,and has baen in progress in that
section of the country for several successive years. Out of
50 lines i%nd systems repreasntsd in our statement, only
five record dimluisli3cl rec3ipts, and with the exception
of the Louisville New Orleans & Texas th^se five are
all minor roils aai the I033 is small.
Ou the other
hand the more prominent systems whether we take the
Louisville & Nashville or the East Tennessee, the
Richmond & Danville or the Mobile & Ohio, the Norfolk & Western or the Ciucinaati Now Orleans &
Texas Piiciflc all are distinguished for very heavy
gains.
Tliere is no better way of indicating the extent
of the improvement which has taken place than is furnished by the following six year comparison for eleven
leading roads or sj-stems.
It shows a million dollars
last year and %2, 600,000,
compared with 1885.
gain over
as
or 80 per cent, gain
1883.
I
I
217,716
1,7«7.<MS
2.219.418
^..
1888.
*
tl 1.888
1366,713' 1.7«7.0a»
L876jn
2,111.042; 2.000,283
«.103Ji9
1,«17,M»
l,aM,78«
•1.018
S02.4S2
76.083
108,402
46.M8
88.777
88,438
47,870
118,677
144 .8M
872,817
U1J8I
U1.080
uajM
8S,US
483,46t
489.64*
6,403.218
4,052,381
8,008,987
126,003
107,807
378,881
188,895
103.656
819,062
91,892
107.830
122.8301
768,900!
101.474
620,211
103,080
246.028
02.087
103,601
132,448
743,488
6,074, 706
6 ,646,172
8,472.463
A West...
Total
•
n6,788
1. 029.788
Mlun. & St. Louis..
Paul A Dulutb.
St. P. Minn. & Han.
As
1887.
231.858
19»,0S2
Canadian Pacific and the
Northern Pacific both have very good statements,
showing steadily enlarging totals for several years.
to the Paciftc roads, the
May
»
Canadian Pacific.
Northern FaclSc.
Total
Among
1888.
1880.
1830.
1887.
1886.
018,493
Chesapeake* Ohio
Ches. Ohlo&So.W.
188C.
1888.
1887.
t
«
«
t
1881.
1.106,090
1,010,085'
1.911.613
1,632,183
1.537,289
1,049.218
3,102,613
2,738,285
2,517,374
1,001,711' 1.791,0271 1,618,867
8O7.206
063.731
t
291.215
112.788
3 74.621
281,152
352.990
278.871
1,251,002, 1,037.714
1,102.111
75.613
E.Tann.Va. &Ga..
510.898
431.1.54
420.401
151,583
536.574
423.898
LoulsrUle&Nash.
1,559,205
1.883,88!)
1.310.321
LoulsT. N.O.* Tex.
Memphis & Char.
158.7*4
143.297
185,332
108.S96
118,833;
103.651
118.539
293.733
213,.^79
601,002
061,850
393,420
841,003
120.547
210,408
408,783
741,815
118.447
Mobile & Ohio
Norfolk 4-West...
Rlch.4Danv.syst.
8hen. Valley
193,8871
S21.814I
110,000
70.947:
67,5.19
69,8 19
77,297
159.095
235,701
571,874
51,763
5,811,769
4,870,028
4,152,348
3,396,753
Cln'.N.O.tTax.P."
ToUl
*
Bntlre system.
t B-iact
we have,
.
637.874
153,077
778.089
+
478.013
147.7S2
577.568
4,581,808
Not including
Louis
4i5,5;a:
131,383'
492.351
373,389
063.8)7!
103.827
681,077
61,442
3,211.:33
&
Cairo.
Aliejthaay for this ye»r not
St.
78.HU
tiea.iios
recalpta of the Rlchtnontl A
however, made an arbitrary allowance for the same.
known
to
In the Southwest, excepting the specially large
\ir,
in-
crease by the Atchison, the gains as a rule are moderate
amount, though in the case of the Rio Grande
Western, as we have seen, the ratio of increase is very
In-
large.
May.
1890.
$
IMnver & lilo Gr
Mo. Kan. & Texas.
8t. L. Ark. & Texas
St. I.. & San ["ran..
.
Tens A Pacific...
total
713,900|
643,368
277,638
621.981
405,282
"2,866i072
1SS9.
»
1
1
6IO.88O;
1888.
*
is,
1886.
t
209,065
40e,890
472.005
173.718
481.072
33«,141S
MO.OOS
2,413.238. 2,236,179
2,213,330
2,017,168
232.929
428.577
480.632
667,000
491,129
while the improvement
611.241
(
510.068
501,000
108,378
364.809
629.220
In the Northwest, the exhibit
that
1887.
.
610,8:>6
is
is
much
1885.
<
465.326
800.193
61.757
323,667
the same;
not conspicuously
noteworthy, except in special instances, yet the result
ooiaoo
the trunk lines and the Middle Western
roads there are nine out of 54 which have sufifered a
decrease, but the Wabash is the only one of conse-
quence among them, and that, as already said, has been
affected by the low rates prevailing.
The rest of the
roads have done very well, aided by the heavier grain
movement. The thirteen roads below show $655,000
increase over last year.
May.
Balt.&0. Southw.
Chicago >V Allan...
Chieago It Bast. ID.
ChIcA West. Mich.
Col. Hock. V.A Tol.
Det. Lansing A No.
Bvansv. A Terre H.
Flint
AP.
Marq....
Grand Rap. A Ind.*
Gr. Trunk of Can.!
N. Y.Cent.AH. R..
A Mississippi.
A Ohio Cent..
Ohio
Tol.
Total...
6.8J3,214
GROSS KARNINOS AND HILBAOB IN X
lfl.S3.
t
JS81.293
113.892
»
«IS«7
1,251,000
'Amines.
t Chlcaxo A Indiana Coal not included here.
Pour weeks In aach
t West Shore not Included here.
1830.
1886.
1
•
I
I
May.
& Kaosaa
Paul
St.
1888.
2,000,000
St.
—
—
1890.
(
IM.tOt
Milwaukee A Nor.
18,9110
16,0771
40,085
586
128
FlortO*
Point,
784,2811
5,816
BH Paim.&c
New Orleans
18 30.
1888.
1889.
ISSH).
West
Northern system and the Chicago
City have very large gains.
year.
VY.
UUtagr.
arott Sammfft.
Kame
of Road.
1890.
Aiiuiston
&
Atlantic.
5,458
Anulston ACinclun'tl
12,73)
Atch Top.&S.Fc
2,75.5,978
R'd.^ j'utlv own'd, H
154,163
St. L. * San Fran...
524,9.S4
R'dsJ'tlvowu'n.'a
151, «13
Attant.'*
i
7.126
B"lori(t.i ...
Atlaiua &Wc9t Point.
Atlantic
Bait.
&
&
2S,213;
45,000
173,395;
190,857
231,855
Danville..
Ohio Southw.
Biiir. Koch. &Pi't8...
Burl. Ced. R ip.cSc No.
Burl. & Nortliwestern
Burl. & Western
Canadinn Pacillc
C Fcar& Y»d.
5,237;
5,042,
1,251,000
Val...
42,578;
tCoutral Vermont
Chatt. Rome & Col.
Cliattanoo(?a Union..
24S.205
28.000
11,300
.
Chesapeake
*
.
637.8741
152,077]
Ohlofc.
ChoB.O. ASo.Wesfu.
Chlo. & Atlantic
Cbic. & East. Illlaois.
Chic. Milw. & St. P...
Chio. & Northwest'n.
Chic. & Ohio Klver...
Chic. Bt. P. & Kan. C.
Chic. & West Mich...
Chir. Va'. (Man. Div.)
Clu Oeor^.A Ports...
Olu..Tack. & Mack....
Cln. N. Orl.&Tex. P..
222,273
237,694
2,000,000
1S89.
7,131
8,338
2,070,815
128.831
428.577
126,305
5,854
25,547
30,016
155,890
160,118
217,716
4,624
4,052
1,106,099
30,805
23:t,417|
22,429
11,180
478,043
147,762
167,302
184,838
1,92;»,768
2.219,418, 2,141,912
5,222
5.038
358,931
135.323
22,160
5,661
52,804
391,477
Ala Ot.8outho^u..N.O^I. &Northeast.l
Ala. & Vickaburg.
Vicks.Shrcv.&Pac.
160. 1 8G
132,782
58,424
3),220
CId. Northwestern...!
1,684
Cin. Wah. * Mich
49.289
Clev. AkronACd....'
72,766
46.000
Cleveland & Canton.
01ev.Cln.Ch.&8t.L.. 1.142.037
.
'
221,52S
106,815
17.365,053
44,955
294,418
136,371
73,930
35,239
37,608
1,658
39,5j7I
(iO,365
34,101
1,070,2731
Tncreate or
DMreoMC.
1890.
-1,728
1889.
+4,101
53
35
53
35
-1-685,163
6.528
6,529
582
582
96..t07|
1,329
1,329
25,308;
526
105
86
260
526
2-i,.599
I
1
!
1.2721
i2.6'i6;
+ 14.984'
+ 17.505'
106
86
151
+30,439
281
294
281
294
+ 14,139
1.046
1,04«
+ 6131
^990
52
105
106
+ 144.901;
4,957
4,795
+ 11.773
326
488
140
245
488
140
43
754
398
a6»
436
+ 8,788
+ 5,571
120
+ 159,8311
4,315
-51,971'
43
•
:
+ 52,8,>6|
'
016
393
269
436
63
+ 70,232' 5,678 5.678
74,170; 4,250 4,260
•
-184
-2,388
+ 26
86
790
408
47
42
344
336
295
196
143
170
8
9,762
+ 13,400
T 1 1.899
165
194
165
+71.784
1,4991
134,403;
28,.-)08-
4.793
.
-
003
7,849
+ 97,059,
,23,815
-5S,852
-i
23,185
-r
86
790
408
47
48
344
336
29S
196
\^
8
165
IM
165
1.49B
THE CHRONICLR
818
Oron Eamingt.
Xameof Bond.
1890.
& Marietta.
Ck)l. & Cln. Midland
Col. Hoc.Val. &Tol..
Colu-ia & Lake
Covington & Macon
Day.Ft. Wayne & Chic
Dcnv. & Rio Grande.
Des M. & N'wcatern.
Det. Bay City & Alp.
Det. Lansing' & Nor
Dul. So. Shore &Atl.
E. Tcnn.Va. & Ga...
Evans. & Indlanap.
Evans V. & T. Haute.
Flint &PcreMarq....
Flor. Cent. & Peniu.
Ga. South. & Florida
Or.BapIds & Indiana.
Cln. Rich. & Ft. W..
Clcv.
28,647
170,264
27,279
258,902
1.747
9,528
37.780
. .
Colorado Midland.
.
.
713,!»00
17,710
50,000
92,514
.
.
Other lines
Gr.Tr.of Canada...
tCMc.&Gr. Trunk.
tDet.Gr.Hav.&Mil.
Gulf & Chicago
Humeston & Shen
. .
&West
Ind. Dec.
Iowa Central
Iron Railway
Kanawha & Ohio
Kan. C. Mem. <fe Bir.
Kentucky Centra!
Keokuk & Western
. .
. .
Kiugst. & Pembroke
Lake Erie All. & So...
Lake Erie & Western
Lehigh & Hud. River.
& Mem
Long Island
Louiav. Evans. & St.L
Loulsv. & NashviJlo.
Louis. N. Alb.& Chic.
Lou. N. Orl. & Texas
Loulsv. St. L. & Tex
Louisville Southern..
Lynchb. & Durham
Memph. & Char'ston.
Rock
Little
.
Mexican Central..
Mexican National.
§Mexlcan Railway
Milw. L. Shore &W...
Milw. & Northern
Mineral Range
Minn. & St. Louis
Minn. Bt.P.cfeS.SteM
Mo. Kans. & Texas...
Mobile & Ohio
. .
Red Riv. & Tex
tNew London North..
Nate.
New
&
Orleans
Gulf.
N. Y. Cent. & Hud. Riv
N. Y. & Northern..
N. Y. Out. & West
Norfolk A Western
Northern Pacific..
tOgdensb.& L.Cham..
Ohio & Mississippi
Ohio & Northwestern
Colum. & Maysville
Ohio River
Ohio Southern
Ohio Valley of Ken
Peo. Dec. & Evansv
Pitts. Marion & Ch...
228.79(i
540,898
21,651
81.955
244,748
93,499
58,715
206,595
38.021
19,927
1,497.395
278,150
72,232
3,302
13,500
35,470
126,002
3,118
28,307
83,701
87,801
27,268
14,754
5,150
220,938
31,711
37,918
329,284
102,374
1,559,205
199,299
158,744
36,838
45,132
9,500
143,297
517.837
318,777
305,776
376,551
135,595
11.877
103,555
166,319
643,368
295,733
:665
41,077
13,989
3,128,094
50.412
162,232
504,002
1,941,613
56,061
349,751
18,589
752
51,705
38,712
17,835
68.290
3.256
191,089
11,426
19,025
428,100
196,500
65,150
47,100
78,800
125,200
10,900
10,100
150,410
8,200
8,847
130,213
95,810
277,538
11,038
122,830
758,990
00,677
90,918
142,982
43,254
24,914
54,681
38,415
110,000
89,600
6,891
17,121
495,282
93,196
27,313
116,657
8,524
76,202
113,509
2,200
937,784
36.234
302,400
75,406
98,299
445,013
.
Pittsb.
Western....
cfe
Prescott & Ariz. Cent,
Quin. Omaha &K.C..
Richmond & Danville
Virginia Mid. Div
Char. Col. & A.Div.
Col. & Greenv. Div.
West. No. Car. Div
Georgia Pae. Div.
Wash. Ohio & W.Div
Ashe.
&
Spai'.
Div..
Eio Grande Western.
Rome
Decatur.
Sag. Tuscola & Huron
&.
St. Jos. &Gr. Island..
St. L.Alt.
&T.H.Br3
&
St. L. Ark.
Texas..
St. L. Des M.
Nor.
St. Paul&Duluth...
St. P. Minn.
Man..
&
&
Eastern of Minn..
Montana Union...
Ban Ant. & Arans.P..
*San Fran.
& No. Pae,
Sav. Amer. & Mont.
Scioto Val.&NewE..
Seattle L. Sh. & East.
.
Shenandoah Valley..
Staten Isl'd Rap. Tr.
Talladega & Coosa V..
Tennessee Midland.
Texas & Pacific
Tol. A. Arb. & N. Mich
Tol. Col.
Clnn...
Tol.
Ohio Central..
Tol. & Ohio Cent. Ext
Tol. Peo. &Wcst
Tol. St. L. & K. Cliv .
Tol. & So. Haven....
Wabash (consol. sys.)
Western of Alabama
&
&
West. N.Y.&Pcnn. ..
W. Va. Cent. & Pitts.
Wheel. & Lake Erie
Wisconsin Central.
_Total (160
M»^,^®
roads).
.
21803
+6,844
143.718
29.185
196,753
1,743
6,493
38,288
640.880
12,830
54,082
80,805
107,49'
431,154
21,675
72,913
199,335
84.803
25,308
180,545
37.652
17,231
1,443,231
254,27'
68,019
2,711
10,718
27,148
107,807
2,756
20,000
65,025
84,160
26.117
17,764
4,971
186,097
22,876
39,889
281,062
95,618
1,382,680
180,449
185,332
19,545
29,878
+ 26,548
762
118,539
536,156
334,236
328,924
319,062
94,392
10,094
107,800
100,809
629,220
243,579
2,618
42,016
14,897
2,892,851
53,525
156,001
393,420
1,632,186
52,260
313,970
19,065
1,098
46,384
36,031
10,354
66,018
1.558
192,928
11,126
20,890
376,500
177,900
59,247
41,0J5
69.135
98.266
9.961
8,972
104,325
4.750
10,017
94,734
81,829
232,929
5,095
104,474
620,211
24,663
72,061
103,857
43,543
11,989
51.252
20,847
70,947
88,441
6.364
13,296
480,632
75,536
1 9,255
97,694
7,871
74,796
62,218
1.628
1,023,572
32.905
292,763
67,070
+4
+3.035
—508
104
267
70
335
22
107
259
104
367
70
325
22
107
259
+73,020 1,496 1.481
115
+4,880
115
—4,082
226
232
323
323
+ 11,709
+31,299
522
522
+ 109,744
—24
+ 9,042
1,209
1,140
150
156
625
574
285
409
86
72
150
156
379
574
152
409
86
72
+54,164 3,487
+ 23.873
335
+4.213
189
+ 591
6
+2,782
95
+ 8.322
152
+18,195
509
+ 362
20
+ 7,707
129
+ 18.676
275
+ 3,641
254
3,479
+45,413
+ 8,696
+33,407
+26,050
+ 369
+ 2,696
+ 1,151
—3,010
+ 179
+34,841
+ 8.835
—1,971
+48,222
+ 6,756
+ 176,525
+ 18,850
—26,588
+ 17,29t
+ 15,254
+ 8,73S
+24,756
—18,319
—15,450
—23.148
+57,489
+41,203
+ 1,783
148
113
61
589
63
135
361
300
335
189
62
95
152
609
20
129
275
254
148
113
61
589
63
135
357
300
2,208
2,175
53'
65
121
83
61
537
570
121
83
11
330
330
1,527
1,218
1,397
1,218
293
712
303
293
671
303
17
363
777
17
—4.245
363
+65,510
777
+14,148 1,806 1,681
+52,154
687
687
—1,953
23
;9
-939
100
100
—908
68
68
+235,243 1,420 1,420
—3,113
61
61
+ 6,231
327
327
+110,582
638
594
+ 309,427
3,613
3,452
+3,801
+35,781
118
623
106
19
215
128
108
118
623
106
—476
—346
+ 5,321
+2,681
+7,481
+2,272
+ 1,698
254
+5,903
+6,075
25
367
73
134
740
355
393
296
+ 9,663
2871
+26,934
518
50
66
373
63
67
—1,839
+ 300
—1,865
+51,600
+ 18,600
+939
+
1,128
+46,085
+3,450
—1.170
+35,479
+ 13,981
+44,609
+ 3,960
+ 18,336
+ 138,779
+36,014
+ 18,887
19
215
128
108
254
25
367
73
134
740
355
393
296
287
377
50
66
369
63
67
447
242
4471
242:
1,222' 1,171
247
43
247
3,030
3,030
70
178
510
160
134
+3,825
131
90
255
23
23
135
70
177
413
160
110
131
74
255
23
23
135
4 14,650
1,497
1,497
286
72
235
284
43
235
51
45
247
451
37
247
319
37
—85,788 1,921
+3,329
138
+9,637
678
1,9*4
+39,125
—289
+ 12,925
+3,429
+ 17,368
+ 39.053
+ 1,159
+527
+ 17,660
+ 8,058
+ 18,963
+1,053
+ 1,40S
+51,291
+572
+ 8,336
+24,816
341,290
+ 103,723
43|
129
237
828
^^y
'"
each year.
6
138
638
100
187
828
t For four weeks ending
Four weeks ending May 24.
both years.
Kame
1889.
37,683,237 33.117.753'+4,565,484 85,816 83,589
7,5?'*J""^? °'
'
—1,906
+62,110
73,483;
under water 16 miles.
r Track
tf.IUchiuond
A AUeghany included in
jj?..
QBOSS BAENINOa FROM JANCARY 1 TO MAT 31.
Mileage.
Tnerease or
1890.
Dasrease,
1889.
[Vol. L.
Anniston
Anniston
of Road.
dc
1890.
'
.
Cin.Rich.& Ft. Wayne.
Other lines
Gr. Trunk of Canada ...
Chic. & Gr. Trunk.. ..
Det. Gr. H. & Milw...
& Chicago
Humeston & Shenand'h.
Ind. Decatnr & West.
Gulf
. .
Iowa Central
Iron Railway
Bir..
Kentucky Central
Keokuk & Western
Kingston & Pembroke..
L. Erie Alliance & So .
Lake Erie & Western .
.
.
Lehigli & Hudson River
Little Rock & Memphis.
Long Island
Loulsv. Evansv. <fe St. L.
Louisville & Nashville..
Loulsv. N. Alb. & Chic.
Loulsv. N. Orl. cfe Texas.
Memphis & Charleston.
Me xican Central
Mexican National
Mexican Railway
Milw. Lake Sh. & West.
Milwaukee & Northern.
)
Mineral Range
Minneapolis & St. Louis
Minn. St. P. & S. 8te. M.
Missouri Kan. & Tex....
MobUe&Ohio
Natchez Red Rlv.<fe Tex.
New Orleans & Gulf
& Hud. Riv.
New York & Northern..
N. Y. Ontario & West'n.
Norfolk & Western
Northern Pacific
Ogdens. & Lake Cham..
Ohio & Mississippi
Ohio & Northwestern.
Columbus & MaysvUle
N. Y. Cent.
,
.
Ohio River
Ohio Southern
Ohio Val. of Kentucky..
Peoria Deo. & Evansv..
Pitts. Marion <fc Ch
Pittsburg. & Western.
.
<fc
Ariz. Cent.
.
Omaha &
K. C.
Richmond & Danville..
Virginia Midland Div.
Char. Col. & Aug. Div.
Quincy
Col. & Greenv. Div...
West. No Caro. Div.
Georgia Pacific Di v.
.
Wash. Ohio&W.Div..
Ashev. & Spar. Div...
Rio Grande Western
Rome & Decatur
Sag. Tuscola & Huron..
&
Gr. Island
St. Jos.
T.H. Br'chs
St. L. Alt.
St. L. Arkansas <& Texas
&
33,085
62.454
11,999,409
678,468
2,406,427
43.340
187,471
195,033
910,535
773,454
1,197,934
23,018
22,572
5,486,893
213,538
141,607
43,430
2,962.874
773,764
1,118,555
1,192,732
9,664,277
9,987,247
26.727
1,747,136
609,708
22,424
244.431
1,752,763
782.773
530.727
279,486
232,323
7,858
220,137
323,307
193.241
5,173.858
111,741
744,405
131,248
1,060,339
8,084
•53,355
. .
Prescott
Increase.
Decrease.
$
Atlantic...
& Cincinnati.
Atch. Top. & San. Fe....
Roads Jointly own'd, H
St. Louis & San B^ran.
Atlanta A Florida
Atlanta & West Point..
Atlantic & Danville
Bait. & Ohio Southwest.
Buff. Roch.A Pittsb...
Burl. Ced. Rap. & Nor.
Burl. & Northwestern.
Burlington & Western.
Canadian Pacific
Cape Fear & Yad. Val.
Chatlanoga Rome & Col.
Chattanooga Union
Chesapeake & Ohio
Chesap. Ohio &Southvr.
Chicago & Atlantic
Chicago & Bast. Ill
Chic. Slilw. & St. Paul..
Ch cage & Northwestern
Chicago & Ohio River.
Chio. St. P. & Kan. City.
Chlo. & West Michigan.
Cln. Georg. & Ports
Cin. Jackson & Mack...
Cln. N.O. & Texas Pae.
Ala. Great Southern..
N.O. & Northeastern..
Alabama & Vicksburg.
Vicksb. Shrev. & Pae..
Cinn. Northwestern
Cin. Wabash & Michigan
Cleve. Akron & Col
Cleveland & Canton
Clev. Cin. Chic. & St.L..
Cleveland & Marietta.
Colorado Midland
Columbus & Cin. Mid...
Col. Hoc. Val. & Tol
Colusa & Lake.
Covington & Mac*i
Day. Ft. Wayne AXhic.
Denv. & Rio Grande
Des Moines& Northwest
Det. Bay City & Alpena.
Det. Lansing & North'n.
DiUuth So. Sh. <t Atl.
East Tenn. Va. & Ga
Evansv. & Indianapolis.
Evansv. & Terre Haute.
Flint & Pere Marquette.
Florida Cent. & Penin.
Ga. Southern & Kla
Gr. Rapids & Indiana...
Kanawha & Ohio
Kan. City Mem. &
1889.
202,800
3,091,596
83,530
225,397
459,771
725,367
2,830,332
103,185
384,056
1,293.908
522,109
262,695
1,001.125
179,384
88,365
7,909,375
1,584,408
429,873
18,977
39,000
172,962
633,383
16,551
117,984
504,863
394,346
141,697
63,604
25,565
1.056,162
131,976
219,106
1,213,420
437,261
7,623,562
911,194
1,080,839
738,109
2,742,626
1,597,753
1,570,227
1,375,287
604,823
44.931
546,320
802,813
2,988,941
1,334,517
10,047
63,863
14,724,833
221,023
746,613
2,486,590
8,001,575
265.482
1,642,245
73,994
3.493
230,222
216,792
82,207
299,477
14.878
869,506
47,580
94,406
2,198,566
903,827
386,423
363,411
391,818
731,485
47,473
32,269
618,025
42.050
33,239
638,259
474.935
1,449,321
41,213
43,698
9,659,536
626,283
8,128
18,756
2,339,873
52.185
2,123,411
283,016
33,062
10,278
176,148
11,323
124,978
70,035
812.680
97,835
797,30'
1,067,333
130,601
22,457
501
20,741
1,831
5,114,133
372,760
160,897
52,641
93.310
48,297
41,646
1,784
2,192,043
770,831
788,492
871,179
217,376
1,042,330
150,402
9,101,714
562.563
9,049,736
937,511
31,052
1,093,501
653,635
535,036
54,672
22,947
224,701
19,730
1,465,810
286,953
735,770
47,003
414,680
116,047
225,185
54,301
221,185
11,13,8
7,010
848
193,031
27,086
279,489
45,818
1.39,409
33.832
4,869,750
304,108|
102,138
9,583
646,529
97,876
136,326
905,180
155,339|
7,051
1,033
39,075
16.280,
192,166
10.634'
2,871,203
220,393;
61,725
23,805
217,924
7,473
424,636
33,133
608,038
117,329
2,395,741
108,767
343,333
1,011,098
496,904
99,723
889,833
182,161
84,827
7,527,.599
1,363,832
390,976
18,087
50,365
152.773
I
2,602,4801
1,536,544
1,720,539
1,189,179
443,597
42,994
487,435
524.094
2,617,747
1,259,241
12.289
890
8,035'
1,837
10,133
97
89,289
37,471
24,512
131,871
101,
S^
2,004,480
796,591
360,321
301,770
374,379;
631,181
41,583
46,501
532,863
21.250;
40.4571
452.435'
398,369
1,206,722
" 1,537
703.270
32,741
12,237
39,530
140,146
61,209
150,332
186,108
161.226
1,937
58,885
278,719
371,194
75,276
2,242
6,806
69,6*>9
13,668,701
221,724
644,322
2,055,699
7,289,150
235.964
1,530,179
78,119
4,452
200,543
210,363
48.528
294,671
7,696
869,406
55.C0O
2,767
20,189
73,737
6,920,286!
5,078
3,338
381,776,
220.574'
38,897|
16,231
118,863
20,460
11,896
878.453
1,068,602
698,579
""523
5,582
70,584'
243,618
1,083,549
458,798!
"i',325
40,723
282,810
25,205
162,972
111,292
101,733
386,000
373,886
25,662|
966,8731
94.5051
14,728
434,6111
562,7
18,388
129,8011
23,853
1,056,152
701
102,291
430,891
712,4251
29,518
112,060
1,875
959
29,679
6.129
33,679
4,80(
7,182
100
7,420
7,403
194,086
107,236
26,102
61,641
17,439
200,304
5,890
5,768
85,162
20,800
5,218
183,824'
76,566
242,399
JDNE
THE CHRONICLE.
14. 1880.]
Ifame of Road.
8t. L.
DesM. &
88,672
50r,,05
3.131,.'>89
198.342
378,184
604,146
Montana Union
San Ant. & Aran. Pass.
*8an Fra». & No. Paclflc
8avan. Amir. & Mont..
224.0.51
112,784
Scioto Val. &New Eng..
Seattle L. 8. <t Ea.stcrn .
2«4,,'584
145,759
489,737
306,323
Shenandoah Valley
Staten Island Rap. Tran
TalladeKa it f'oo.saVal.
Tennosaee Midland
&
Pacific
Tol. A. A.
&No.
Deereote
$
North..
Paul & Dulutli
Paul Minn. & Man...
Eastern of Mlun
St.
Bt,
Texas
In create.
1889.
180O.
33,397|
80,486,
2,729,7671
469,886
125,563
522,280
41,522
374,617
590,565
Mich...
Toledo Columb. & an..
Toledo & Ohio Central..
Tol. & Ohio Cent. Ex....
Toledo Peoria & West'n.
Tol. St. L. & Kan. City..
Toledo & South Haven.
9,545
6,103,198
220,511
1,402,862
341,901
22,488
405,172
2,704,305
87,738
292,850
437,242
238.658
74,155
256,415
92,048
317,868
296,711
27,492
71,808
2,462,.182
373,388
93,826
415,766
37,510
359,021
332,231
7,870
4,076,367
217,505
16,184
100,885
430,284
110,604
85,334
166,904
sr©
times we find hero a divergence in production of about
li million bales, with only an increase of say about 14
per cent in acreage. That shows evidently, only in a
different way, what was shown before
that is, the
superior productiveness of the planting in 1882.
—
11,607
38,629
8, 69
Still
another quite interesting circumstance
recalling.
1
It has a bearing of
53,71
what has already been
171,869
9,612
5,905
8,678
267,185
90,198
said.
no
We
little
is
worth
significance
r&fer to
on
the rcmark«
able uniformity in the cotton production of the last
In 1887 the crop was 7,017,707 bales, in
1888 it was 6,935,082,' and in 1889 it will probably
Were we to bring into
reach about 7,250,000 bales.
the account the differences in weights, the year's results
three years.
31,7.37
106,514
4,012
15.593
258.334
1,675
420,831
3,006
159,982
53.110
94,006
428,337
would show even a closer comparison than in actual
That there should be such marked
West Va. Cent. & Pitts..
291,791
regularity
in
the
outturn
with acreage so large, and in350,434
Wheeling & Lake Erie
450,500
Wisconsin Central
1,890,620
1,462,283
creasing each of those years, is striking.
It has hapTotal (153 roads).... 174,175,876 154,698,652 19,772,012 294,788 pened before that two successive years have proved to be
Netincrease
19,477,221
* Three weeks only of May in each year,
quite alike in aggregate yield. This was the case in the
b Richmond & Alleghany
To May 24.
ncluded in both years.
summers of 1886 and 1885 (the former producing 6,513,623 bales and the latter 6,550,215 bales), and again
COTTON ACREAGE, STAND
CONDITION in 1884 and 1883 (the former producing
5,669,021 bales
1890.
and the latter 5,714,052 bales), but we know no three
Looking tack is seldom a popular, and not always a
years since the war at least, that make such a marked
profitable, exercise.
Yet as a start in estitnating the
exhibit in the particular mentioned as the last three.
Wahaah
(eonaol. sy.stem)
Western of Alal>ania
Western N. Y. & Penn..
l,->42,880
.
bales here given.
1
AND
new year's planting of cotton it is indispenIndeed, taking the crop record for the last quarter of a
In the present instance, we learn from a review
century, we find the seven years last past standing
of 1S89, very much as we learned from a review of the
out conspicuously for their unusual similarities and
year 1888 and of the year 1887, first, that the planting
dissimilarities.
Combining the foregoing results will
and growing season of 1889 was by no means wholly
serve to make the features referred to more evident.
favorable; second, that only a "good" crop was seAcreage Over Pretiout Year.
Tear' t Crop, At'age Crop,
Crop In.
cured and not a "full" crop; and, third, that a Summer of Chronicle. Agricultural Dep.
£alet.
Bale$.
" full " yield on the acreage planted would have prob- 1889
2I3 percent. 1-00 per cent. 7,250,000 (good)
l-95pcrcent. 2-20percent. 6,935,082 (good)
ably brought the product up to 8 million bales or overj 1888
1-OOpercent. 7,017,707 (good)
2-49percent.
1887
"
since the last
full " year was in 1882, when on
Average 1887-1889
7,067,596
16,590,000 acres planted 6,992,000 bales of cotton were
1-52 per cent. 1% percent. 6,513,623 (fair)
1886
raised, or an average of about 194 pounds to the acre.
4-91 per cent. 5H per cent. 6,550,215 (fair)
188S
It may be thought that no such approximate stateAverage 1886-1885
6,531,91»
ment as to what would be a " full " crop can be pred- 1884
2-21 percent 4-OOperceDt. 5,669,021 (bad)
518 per cent. 300 per cent 5,714,052 (bad)
icated upon a comparison now with the acreage figures of 1883
results of a
sable.
—
1882, since neither year's acreage results are Census
ures but only estimates.
fig-
Of course all acreage compila-
tions are in a sense estimates except those procured
every ten years
;
so that one very naturally hesitates
in attempting to draw any exact deductions from them.
Average 1884-1883
The above
We
scarcely needs explanation or
5,691,53S
comment.
have put after the figures of yield the words
fair " and " good," taken from our previous
"bad," "
acreage reports, and representing the character of the
The year previous to the
seasons, weather and result.
development in this country that cannot bo ignored. earliest given above was 1882, when, as said, the crop
Prominent among them is the teaching, which each was a "full" one, reaching about 7 million bales.
successive decennial result establishes, that there is con- During the seven year interval since then, according to
But there
are certain facts with reference to industrial
Remem- the Chronicle reports, the aggi'egute of the yearly
bering that fact, and remembering also that 1889 is increase in acreage has been about 21^ per cent, and,
seven ye.ars subsequent to 1882, and yet the 1882 crop according to the Agricultural Department, 18 percent.
was 6,992,000 bales, or just about 7 million bales, Even taking the smaller (18 per cent), note the fact
whereas the 1889 crop will not turn out much if any that the average crop for the last three years is only
stant progress in the planting for every crop.
—remembering these
and about 70,000 bales more than the "full" year of 1882.
But there is another thought which the foregoing
statement suggests that is also worthy of consideration.
that the last croii was by no means a
full " one.
Confidence in this opinion is further strengthened by That statement seems to teach that the very large
ooking back from 1882 to the Census year. Thus 1882 acreage now under cotton decreases the likelihood of a
was only three years from 1879 (the year's planting perfect season in all parts of the cotton section the
which the 1880 Census report covers), and still the pro- same year, and also decreases the chance of a uniformly
In other words, the wider area under
duction in 1882 was as stated just about 7 million bales bad season.
(or an average of 194 lbs to the acre), against the cultivation to-day adds to the probability of an aver" good " yield of about 5J million bales in the Census age crop, and favors steadiness in supply.
To obtain confirmatory evidence with regard to the
season of 1879, or an average of 180 lbs to the acre.
There was of course increased planting between those variations in growth and production during 1889,
dates
we reported it in the aggregate year by year and to get at the approximate result in each section, we
14'16 per cent, and the Agricultural Bureau reported inserted among the questions sent out for the purposes
it (see Agricultural Bureau's June report 1882) 12*2 per of the present acreage report one asking for data as to
cent, and yet even on the smaller total acreage of those the relation the yield in 1889 bore to the capacity of
more than t\
millions
facts
results, there seems to be no escape from the conclusion
'•'
;
THE CHRONICLR
820
This inquiry has been generally,
the acreage in cotton.
and by a
fully,
large proportion of our correspondents quite
answered. Of course, in limited districts a "full"
yield was obtained, but taken as a whole in every State
the average production falls below the
for" and for some of the States
heretofore, attempted to
form which
"amount cropped
much below. We
summarize these
have, as
results in a
comparative productiveFor that purpose we have assumed
shall indicate the
ness at a glance.
[Vol. L.
yet these influences did not at the time appear to be,
and did not later on prove to be, as harmful as they
usually are, especially in Georgia, where
it
was
reported that the rains and moderate temperature had
resulted in a strong and healthy looking plant.
Still,
the other States, where the start was most defective,
never recovered to the same extent.
Third During
the summer the temperature kept low and the rainfall
continued heavy as a result, though the outlook in September was for a very large crop, there was more or less
—
;
100 as representing a fairly "full" yield on the total
acreage planted; on that basis the relative production disappointment in the actual outturn almost everywhere.
may in a general way be represented about as follows
We have not space to-day to supplement the foregoing
for the last seven summers.
remarks by giving our usual summary compilation of
FBOPOKTIOM OF YIELD TO A FULL CROP OF ACREAGE PLANTED.
rainfall in each State.
It is not really needed, since
1882-3. 18845. 18856. 1886-7. 1887-8 1888-9. '89-90.
the statement has been published already in our issue
N.i&S. CaToliua.
Georgia* Fla.
E2
78
73
76
82
80
75
of October 12, pages 475-476.
100
80
95
90
98
90
90
the thermometer record,
distinguishing evidence of the peculiar surroundings
pt the season's growth subsequent to the first of June.
Remembering that the plant at the latter date was
Aial>aiiaa<&Miii8
97
71
79
75
83
80
88
Tex.&liouisi'a..
110
73
83
83
80
86
83
Art., Tenn., Ac.
104
79
88
92
86
90
80
as
But we make room for
the more
that contains
backward, the reader will, through this record, find in
good
part the explanation for the product being short
It is clear that the foregoing figures only represent
approximately the annual comparative results in the of a "full "crop.
districts named.
Each State is allotted for each year
June.
July.
Augusi.
Stplemher.
100
Total
75 >4
83
81
S4
83
85
the proportion of the total yield its product per acre
hears to a fairly " full" crop, assuming that 100 indicates such a crop on the acreage planted. The meaning
for instance is not that North and South Carolina
thermometer
Averofiet.
(which are given at 82 in 1882 and at 75 in 1889) produced a less number of bales in the latter year than in
the former, but that they produced 7 per cent less per
acre; and had those States produced as much per acre in
t
H.Cab'lina
1888 WooA) M-7
188fl(!alr).i
96) 5iU
81-9| 573
lM>5(fair).
1S81 (had)..
93-4
91-0
1883 (bad)..
1882 (full)..
9c1li
51-», 7r.')
BO-Sj 76-0
85-0
5b-(i
75-9
1889 (good) 93-2
1888 (good) 93-8
1887 (good) lOOd
48-8
60-4
75-6
78-3
5 CI
7(i>
90-7
8«-8
88-4
97-5
97-0
(•3-3
79-9
T8-4
72-8
77-6
79-3
..
93-.'1
analysis of
reader needs the
information, for it discloses the causes of the yearly
differences in production, and permits a comparison
with the start in 1890 and with the coming summer's
.
as
it
shall
Turning then to the
establish ? First— we find
develop.
record for 1889, what does it
that our last acreage report indicated a late start,
though in the Gulf States not as late as the previous
crop; as a consequence we said in our review we could
not at that date " produce in the section covered bv
" the
Atlantic States as exact results as are some years
This lack of deflnite'information in the
Atlantic States was chiefly owing to cold, wet weather
"possible."
early in the season,
and
to a
latter lasting until the last
drought subsequently, the
of May, some of our corre-
spondents on May 24 describing " many fields as being
" still without any growth observable." Tennessee and
also Arkansas suffered more or less from the same
causes, so that in those
States, too, the seed
came up
and unevenly. Elsewhere the early promise
more favorable.
Second— June weather was
evidently too rainy and temperature too low for best
development in almost every district, and especially in
the districts where the start was most defective
and
slowly
was
;
65-5
Vi-o
89-3
i
78-7
81-4
77-6
78-8
7;-3
80-1
93-41 H3-2
98-6| 66-8
80-0
87-4 58-0
92- 1: 35-0
92-41 61-9|
95-6 60-9
90-6 62-0
93-2
80-6
74-4
77-8
74-5
76-7
78-4
7r>-,s
76-
90-21 85-6
77-1
1887
18SH
1885
1884
1883
1882
61-7
56-1
59-3
030
»S-3
98-7
Kte-K
79-2
78-6
fle-3
84-9
68-0
64-7
84-0
92-(l
63-2
84-9
37-2
64-0
65-7
61-9
59-3
59-0
76-1
80-4
77-5
77-6
78-6
91-H
93-3
651
100-,1
69-.'.
840
87-0
89-5;
98-6!
94-91
91-81
80-21
79-01
79-71
80-3
82-2
81-3
97-0
93-5
77-41
77-9
88-2
87-4
92-0
8S-9
89-9
89-8
87-9
89-4
•421 69-3
38-6; 68-7
41-3
58-8
68-2
73-4
49-81 71-6
54-7
55-7
55(1
89-1
72-5
52-1
7.V4
7.3-8
80-7
80-8
80-4
78-9
910 640
7t>-0
91-(
97-31 63-1
95-31 60-4
79-6
7b-H
78-8
80-1
940
80-4
82-5
88-8
89-5
93-2
92-0
90-6
91-6
92-4
81-2
47-5
61-5
62-8
84 1
61-9
68-8
63-2
69-;
75-n
78-4
78-5
l(P|-2
69-2
88-2
08-5
70«
93-3
8.5-4
77-5
74-0
78-B
78-0
Ill-S
62-11
(17-8
550
77-0
79-S
94-0
70-3
80-7'
9.i-H
92-1
94-3
96-4
oi-n
68-7
69-1
70-2
81-1
771
80-0'
93-9, 69-6
80-2
80-5
82-1
94-5
93-2
93-2
95-2
6i-2
64-8
67-3
68-9
651
B91
fO-4
81-3
79-6
81-5
88-5
bOB
9rt-2
97-4
94-0
97 •»
Vi-b
6S-8
83-8
95-e, 69-4
71-5
84-01
81-2!
68-6
60-61
89-4
69-6
81-5
!
50-6
64-6
61-3
81-1
790
7n-4
78-8
79-7
94-1. 64-1
82-li 60-6
78-7;
94-9
83-2
96-1
78-8
81-8
80-0
80-7
80-5
80-1
82-2
63-1
88-7
67-6
70-7
70-2
71-6
84-Ui 89-5
81-5'
83-9
64-8
(good)
96-4
57-4
61-7
-fair)
(fair)
94 -8
(14-1
77-6
^2•4
Bro
86-8
87-2
91-1
67-0
79-6,: 100-51 69-4
79-4
(bad)..
62-t
59-2
B5-0
83-4
78-01
(bad).
82 9
98-7
80-6
93-0
63-2
78-7
52-6
«2-6
68-9
70-0
70-3
65-7
6^-0
63-1
78-9
78-2
60-2
80-4
82-9
79-9
SO-9
80-7
86-6
97-8
97 -u
94-2
95-0
98-8
98-0
81-9
86-0
70-2
66-3
70-6
89-0
71-7
70-2
72-7
68-9
93-0
09-6
92-9
46-0
55-3
96-:i
83-
92-21 60-5 76-1
85-5 86-21 79-0
96-3
78-8
80-0
80-0
96-2
60-;
1
7.-(-3
hl-ul
80-61
97-1
6-/-'i!
7li-3
96-0
86-8
61-61
6O-4!
65-01
0!
78-9
79-7
82-1
76-4
94-3
87-0
88-9
99-5
60-01
62-9:
77-3
78-7
971
5h-o! 77-8
58-1
7S-4
55-5; '.5-;
(full)..
89-8
87-4
91-8
87-0
83-7
88-6
98-S
82-3
78-5:
1
,
97-2
92-8
94-6
80-7'
t60
79-2
63-U
80-7,
73-8
7a-u
78-8
6-.J-4
68-9
33-4
Sii-,
92-7
91-9
91-9
98-2
80-4
83-0
94-8
88-1
82-9
94
9«-l
9J-6
93-1
95-4
Kt»
9d-4
7r»
'~ -
43-0
75-0
61
58-.-t
730
58-6
74-8
5S-.
721
C7-8
73-9
81-7
82-5
82-4
83-w
85-7
83-7
80-
78-1
70-8
78-5
78-8
57-.-.
73-5
67-8 76-7
57-ai 74-7
57-7 73-5
Bl-8i
48-01
49-1,
60-41
58-81 77-4
56-3
70-4
77-4
79-8
67-J 77-9
64-;i
79-2
64-11
7o-l
67-01 78-4
69-9,
66-7
506
8(1-6
670
9191 69-1
783
80-1
es-s
95-71 64-7
86-81 78-;
93-31 70-8
80-7
80-0
MO
62-6
961
97-8| 65-6
83-2
81-9
(1-5
97-2
88-9
f-2-4
88-
79-7
91-1
92-8
9»-3
91-8
80-8
84-2
80-5
91-2
89-4
94-0
96-1
94-0
83-2'
68-8
f8-3
76-2
71-9
75-2
47-2
51-0
56-6
68-4
80-6
78-9
77-4
80-8
85-4
62-2
788
75-6
77-4
76-3
74-1
68-4
93-2i 8>-0
LOITISIANA.
l?89 (good)
1885 (good)
lR-7 (good)
1886 (Fair)
1885 (fair).
1884 (bad)..
1883 (bad).
18S2(full).
48-6' 72-4
81-2f
92-3;
82-8'
93-11
95-71
93-71
94-41
.
growth
64-21 78-2:
•i8-9, 77-31
«7-I 81-0
1001
Car'lina
1889 they would have secured a crop 7 per cent larger.
1884 (bad'.
The table authorizes therefore the same conclusion 1883 (bad
1882 (full)..
reached above, that although last summer's yield was a Georgia.
92-3
18811 (good)
..Q a
18tj« (good)' t5-»
large one, our producers are planting for about a
1887 (good) 99-i
99-2
1886 (fair).
million bales more than they then raised.
Yet obviously
1885 (fair).
1884 (bad).. 91-6
it will be a rare occasion when the weather conditions
188.S(rad).. 94-7
1882 (faU).. 95-a
over the entire cotton belt shall prove so uniformly per- Florida.
1889 :gcod) 9S-9
fect as the production of so " full " a crop calls for.
18B-1 (good)
W7
1887 (good! 9i-3
There is a single other class of facts, in the same
1880 (fair)
92-7
1885 (fair)
9S-8
92-7
18S4 (bad)
line of thought we have been pursuing, of special use
1883 (bod).. 90-9
98-2
1882 (full)
as a preliminary to the investigation of this year's acreAlabama.
1889 (good) 91-6
age and start. We refer to the data recalling the char1888 (good) 81-9
and the
92-n
96-4
7S-('
7«-4
75-3
73-9
58-4' 75-K
93-3
18S7(goocl)'
18t^6 (fair'.
1885 (fair).
acter of the planting season in 1889
that year's weather record.
Each
50-O
^5-0
1888 (good)
8.
I
I
76-4
74-0
76-7
78-7
76-1
80-8
59-6
'9-3
n-i'i
66-0
63-0
56-6
790
75-0
UISSISSIPPI
1889 {![ od)
1888 (good)
1887 (good)
1886 (fair).
1880 (fair).
18(4 (bad'..
18f8 (bad)..
1882 (full)
9u-.'-
57 9
925
830
83-0
93-3
81-8
73-3
73-5
77-4
75-3
80-7
76-8
98-!
815
,78-.
»«-0
S6-8
78-4
93-7
66-2
83-4
83-5
6^-6
66-8
82-0
91-8
91-8
49'
72-7
76-2
85-3
96-9
82-8
64-3
799
78-9' lOU-3 65-1
95-71 62-8
•f,"i
78-5
98- 1! 634
74-1
8K-1 67-5
81-2
79-5
o0-4
81-1
9.I-7
lii-4
9-3-7
85-7
9
10('-5
K2-2
813
99-7
81-2
77-3
65
90-8
87-0
9) -9
82-5
f9-4
492 698
71-2
74-4
73-4
80-0
76-7
72 1>
4S-6
.',11
lS3-()
98-7
81-9
54-4
.,Sc
910
46-7
89-0
97-0
94-8
88-8
48-8
9r.-l
71-6
47-8
ARKANSAS.
1889 (goo )
188.S (go d)
1887 (good)
1880 (talr)
1885 (fair).
1884 (bad).
1883 cad
188^ (full J.
.
54-3
95« 58-0
m-i 39>
922 60-5
95-
95-6
&t-4
S6-6
47'a
77-0
78-5|
88
93
5'
81 -0'
80-5
86-0
Tennessee
98-9
92-0
9u-i
8il'2
76-o;
59-4
80-3
7
90
79-.)
950
48-7
rtTO
99-5
4i-ii
56-3
74-1
»o-5| 47-0
60-8
Kl-0
68-9
61-3
59-5
57-6
59-3
60-7
75-3
to-o|
430
77-7
85-9
iir-9
795
8S-51
45-1.'
p9-.-
4,v4
1
1SS8 (goud
1888 (good)
1887 (good)
1886 (fair).
1885 (fair).
1884 (bad).
1883 (bad)
1882 (full)
;
.
89-3
84-7
47-3
48-8
5o-4
59-3
61-3
72-J
75-6
7.^-t^
73-9
77-4
74-3
75-9
78-7
92-0
96-5
08-9
96-0
96-6
91 3
93-7
93-7
93-4
.V-ll
98-1
av-o
91-4
93-5
94-5
6(1-2
6^-5
63-3
79-5
78-3:
9+8
«,">-9
6-^-3
98-2
93 9
(4-7
78-7
79-7
.'>9-6
62-51
64-3' 79-7
89-4
60-0
81-4
80-5
89-6
98-1
,
978
67-5, 80-1
79-3
94-8!
1
783,
94-4
91-8
61-8
97-7
67-4
81-9;'
«')-4
84-0
86-7
8ii-8
57-2, 76-4
99-4
97-4
I
96-1
9>-0
88-2
78-9
7«•^
88-61 47-3
\M-i\ u-e
75-.>-
91-0
77-8
88-9'
47-l!
(fair)
(fair)
18'<4(bad)..
bud)
188:1
1
tl^tiS
ytaW)..
^p" The
tliat
711
1
1889 good)
1888 (good)
1887 (good)
1885
69-5
67-3
73-9
71-9
71-0
74-6
69-9
50-4
TEXAS.
I8.<*B
70-1
69-0
74-5
73-8
72-7
77-1
73-5
69-5
4f>-7
0* -6
•
94-91 60-1
91-1
63-7
wiii'ds
i
77-31
81-3'
80-9:
79-4
97-0
97-4
9'
64-8. 80-J
64-t-' 79-7
(4-1 80-u
98-5
66-3
'
6;-6| ><-i-Q
9369-4 82 7
97-9i 78-9i 85-0
97
70-2
93-3'
698
82-5
81-9
i
'
9S9 671,
80 8
9'
(6 2
8i-U
82-7
97-8
B9-H
8;i-2
94-61 67-8
79-4
48-8
55-0
72-4
89-,-<
78-7
9.i-3 49-7' 74-3
82-8 5K-4 77-0
9i-l 01-3 77-8
93-8 «7-9 fel-3
8--H, 56-9 77-2
80'2 58-0 76-6
89-1-
"bad," "good," "fair" and "fall" a1)0ve mean
the aggregate crop for the year was bad, sood. fair or fu
1.
Juke
THE CHRONICLE.
14, 1890.J
Cotton Acreage and Stand 1S90.
Our investigations aa to the first of June condition
of the 1890 cotton crop afford the data for much more
deductions
definite
than
did
similar
investigations
which we made in the spring of 1889 or those which
621
We
conditions contributing to give the plant a good start.
hear of no re-planting except over a very limited area, and that
rendered necessary by frosts on the nights of the 11th and Slst
of April. The weather during May was about as desired for
the welfare of the plant, barring low temperature at times at
night; still this did no harm aside from temporarily checking growth. Now, however, under the influence of seasona-
The fact is, the start
statisfactory.
The Stand
doubtful in the later districts, a differ- ble conditions development is quite
sectured ranges from good to never better, and the llelds are
ence which strongly marks the season and distinguishes
clean and well cultivated. As in North Carolina, the present
For instance, in 1889 the
it from its two predecessors.
very much better yield than a year ago.
we made
tliis
year
in the spring of 1888.
is
least
promise is for a
the Atlantic States was backward, undevel- .Acreagre— This year where there has been any tendency to
oped and quite indeterminable. North Carolina being change the acreage under cotton, it has been in the direction
worst in condition, South Carolina better, and Georgia of an increase; but for the whole State the addition to area is
plant in
all
best; this year the situation in all of those States
is
quite well assured, but iu the reverse order of excel-
So too in Tennessee the crop was
lence.
last year
on
June quite irregular and uncertain, and
indeed, like North Carolina, it failed to recover but in
small degree; this year the returns of the same date
the
first
of
hold out great promise of a satisfactory yield.
On the other hand, in the Valley of the Mississippi
not large, being barely 3 per cent.
Fertilizers
—A
fair
in-
reported by our correspondents, more attention being given to the commercial
crease in the takings of fertilizers
is
varieties.
Georgia.—There was nothing in the early spring conditions
o retard farm work, and as a result, planting operations began
at about the usual time the middle of March in a few dis
tricts— and became general about the first of April, finishing
in some instances by the 20th of that month, but not wholly
completed before the close of May. The season was somewhat
It is seldom that such uniformly favorain advance of 1889.
ble reports are received as those now to hand with regard to
germination in Georgia. Only one correspondent states that
—
and in Texas too, there is a large
more backward than it was last year.
It is a rich section, where the growth is rapid when the
seed came up poorly, and this remark is qualified by the stateconditions permit of growth, and as the seed is now all
ment that after re-planting Stands are now very good. Other
in, and as favoring conditions are being reported, the than this, our returns as to start and early growth range from
and
its tributaries,
district
which
is
outlook even in those districts
ing.
From
is
accounts as a rule are as favorable as a year ago, and the
plants as forward or more
so.
With these explanations, we give the following summary by States of the information respecting this year's
growth and its present surroundings, which we have
received by letter and telegraph from our corresijondents throughout the South.
A
study of these data
found extremely helpful to all seeking to form
a correct opinion as to the spring promise of the cotton
will be
plant.
North Cabolina. —Planting began
earlier this year
than
—
in some sections as early as the first of
became general over the whole State about the 20th of
the month, and was finally completed by the middle of May,
On the whole no adverse influences checked germination, and
almost all of our correspondents state that the seed came up
well and promptly. In fact, from only two points have we
received unfavorable responses, and they lie in the northeastern portion of the State. The conditions have continued
quite satisfactory since growth began, some reporting the
weather as almost perfect. In a few districts, however, cool
nights have tended to an extent to retard development. Since
the beginning of the last week of May the weather has been
almost uniformly favorable, and the plant is making excellent
progress.
Practically no re-planting has been necessary.
last in
North Carolina
April;
Altogether the present prospect
—
in North Carolina.
to simply perfect, so that in the whole State cotton may
be said to have had as good a start as ever before. Re-planting
has been necessary to so limited an extent as to bear no relation whatever to the aggregate area. In no season is every
condition everywhere favorable, but thus far in 1890 there has
been less to check the growth of the plant than during any
Barring a little low temperature at night the
late year.
weather has been satisfactory ever since the plant showed
above ground, and the crop at this time is from one to two
weeks in advance of a year ago. There is a little grass in some
fields, but the general tenor of our returns is that everything
thought to be promis- good
the earlier plantings in the Gulf States the
for a largely-increased yield
On this point the returns are
is
is
in
a good state of cultivation.
cate that there has been
Acreage
some addition
—Our retiu-ns indi-
to the acreage, averag-
ng for the State about 4 per cent. Fertilizers— More attention
has been given to fertilizers, particularly the commercial sorts.
Florioa. Planting began and was completed in this State
a few days earlier than in 1889. Under the influence of generally favorable conditions, the seed came up well and a very
limited amount of re-planting had to be done. The weather
was somewhat dry at flrst, after growth began, but rain, although to some extent heavy, came in good season, and the
—
plant is now making excellent progress, but is somewhat later
than usual. Stand secured is good, and the fields are stated
Acreage Additions to the
to be clean and well cultivated.
area seem to be confined to the northern portion of the State,
and are not imiwrtant; the increase for the whole of Florida
Fertilizers are not used very
is not more than 1 per cent.
—
extensively.
Alabama.
—The
date of the planting season differed but
from 1889. In the earlier districts of the
State seeding began about the 1.5th of March. While the
conditions generally were quite satisfactory during the time
that planting was going on, there were in a few localities
hindering influences which delayed work. On the whole,
however, aU the seed was in the ground in advance of a year
ago by a week to ten days. Tliere is a unanimity of opinion
on the part of our correspondents that seed germinated well;
in fact some say very well and others better than usital; but
in special instances there were causes (low temperature, &c.,)
These same influences are
operating to delay sprouting.
reported to have rendered a little re-planting necessary in three
slightly, if at all,
Standx
very satisfactory ,'and a careful review of them leads to the conclusion that the stand is the best secured in a number of years,
and probably never excelled, if the remarks of our correspondents ("almost perfect," "best in ten years" and "never better")
indicate anything. In some districts the crop is more forward
than ever before. Cultivation has been thorough, and the
fields are free of grass and weeds.
Acreage The changes in
area have varied with locality. At some points cotton has
given place to tobacco and grain, while at others cotton has
received chief attention.
The gains and losses, however,
seem to about balance each other, and we call the acreage the or four districts, but, considered in connection with the total
same as last year. Fertilizers Wliile. commercial fertilizers area of Alabama, the re-planting can be said to have amounted
have received less attention, an increased use of home-made to nothing at all decidedly le.=s thau ordinarily. There have
manures is reported.
been no unusual drawbacks since growth began; of course,,
South Carolina. As a rule, planting begins in this State at times the nights have been cool and in some districts a
about the first of April, and in this respect 1890 did not differ little more rain than desired has fallen, but as a rule the
materially from an average year, escept that in a f^v in- weatlier lias been favorable: a few reports say that the
stances seed was put in the ground as early as the 2.jth of plant is fully a week ahead of last year, .^/nnt/s— The foreMarch. The season was slightly in advance of last year, how- going naturally points but one way, and that to the fact that
ever, fanners being generally and actively at work before the a good stand has been secured. We find no exceptions to this
5th of April. The seed germinated well, favorable weather among our returns on the contrary, the replies from som»
—
—
—
—
;
THE CHRONICLE.
822
Since the first of Juno
nothing has transpired to lower the excellent prospect for a
large yield. Generally the fields are clean and well cultivated.
Acreage The tendency this year has been to increase the
amount of land under cotton to only a moderate extent,
towever— the addition to area in the whole State reaching
about 3 per cent. Fertilizers have claimed more attention,
especially the commercial varieties, the use of which at some
points has increased 50 per cent.
Mississippi.— The conditions which prevailed during the
districts state that stands are perfect.
Vol, L,
still a few others not very well and poorly.
the whole the start was only a fairly good one, somewhat
very well, and
On
The growth of the plant was checked
during April and the first half of May by a lack of warmth,
and an excess of moisture was also an unfavorable element.
Of late, however, the conditions of weather have improved
greatly, giving the plant strength and causing it to develop
rapidly. Floods in some localities, and low temperature and
too much rain in others, have rendered re-planting necessary to
a greater extent than usual. The Stand, where one has been
planting season in Mississippi differed entirely from those in obtained, is good, but there are districts which report a large
the States heretofore reviewed. A large part of the more pro- percentage of cotton not yet up, and in a few instances
ductive land in the valley of the river was under water from re-planting has only now been completed. The crop is later
the beginning of March until after the first of May. In con- than usual in Arkansas, but tlie fields, which had been grassy,
sequence seeding, which on uplands was begun and finished at are now being rapidly put in good condition. With satisfacabout the usual time, was in the bottoms not completed until tory weather from now on there is nothing especially discournear the first of June. But as fast as it was possible, work aging in the present outlook. Acreage— A conservative disprogressed vigorously, our telegrams from week to week indi- position, so far as area is concerned, seems to have prevailed
cating that farmers were planting as the water receded. The this year, and a careful study of the returns does not warrant
start, of course, is consequently late over a pretty wide area, an addition greater than 1 per cent.
Fertilizers are not
but our returns indicate that almost everywhere seed has come largely used, but there is a slight decrease in the takings of
up well where it has had time to sprout. Because of the flood commercial sorts and a corresponding increase in home-made
a more than usual amount of re-planting has had to be done, and varieties.
the result has been that in the Yazoo Delta about 15 per cent of
Tennessee. Although planting began in some sections of
the land originally put in corn has now been seeded with cot- Tennessee by the first of April it did not become active until
ton, it being too late to re-plant corn. Stands In some bottom near the close of the month.
The tenor of our returns is that
lands a stand has not yet been obtained, but elsewhere it general farm work started a week to ten days later than in
ranges from fairly good to very good. The weather conditions 1889. The early conditions were in a few places unfavorable,
have of late been mainly satisfactory, though too cold and too low temperature checking germination. But in almost all
wet at times; but since the first of June the conditions have cases the seed came up well, some say never better, the start
favored a rapid growth of the plant. Fields are not wholly being a much more favorable one than a year ago. During
<5lean, on account of the wet weather towards the close of May,
May there has been a marked improvement in the weather,
but farmers are making good progress in that direction. yet at times there was an excess of rain, preventing needed
Acreage Notwithstanding the inundation, the area under cot- field work. Toward the close of May the conditions generally
ton has been increased this year, the throwing out of other became very satisfactory, continuing so down to the present
crops tending tliat way. A careful review of the returns war- time. Compared with last year the season all through has been
xants the belief that an additional acreage of say 4 per cent more favorable. There has been a limited amount of re-planting,
has been planted. Fertilizers are not largely used but yearly but less than is usual. The Stand, as may be gathered from what
receive more attention.
has been said, is a good one. and in some of the more producLouisiana. In many respects the conditions during the tive portions of the State is said to be splendid, the condiplanting season in Louisiana resembled those prevailing in tion of the crop being far in advance of 1889. The fields,
Mississippi. Preparations for planting began at about the usual where for a time weeds were becoming troublesome, have been
time, and on uplands seeding was generally completed before rapidly worked of late and now as a rule are clean. The
the close of April. The bottoms along the Mississippi and Red prospects certainly are much better than they were a year ago.
rivers and their tributaries were, however, quite extensively Acreage has .been added to in some parts of the State, but
inundated, washing out much seed already planted and pre- elsewhere there has been either no change or a disposition
venting any field work for a considerable period. But, as in towards a decrease. On the whole the area remains about as
Mississippi, work was vigorously pushed, as soon as it could be, last year. Fertilizers do not claim much attention, and no
seed going into the ground as rapidly as the water receded, so particular disposition to increase their use is to be noted.
that at this writing planting has been practically finished.
Texas.—No material difference between this year and an aver"Where the seed has come up the start is not unsatisfactory, but age year is to be noted in the beginning of the planting season
on a large part of the overflowed land the seed has not at the in Texas, but compared with 1889 seeding was completed later
latest mail dates had time to germinate. Re-planting has been Some of the earlier plantings came up poorly, owing to cool
jiecessary in only a very limited degree on high ground, but and wet weather, but late-sown seed has germinated well. In
in bottoms a pretty large area has had to be re-seeded. As to consequence of the heavy rains in April and May, resulting in
the weather since growth began, our correspondents as a the overflow of the bottoms along the Trinity and Brazos
rule state that it has at times been rather cool and too wet, rivers, a considerable amount of re-planting was necessary
but turning more favorable latterly. Since the 1st of June one correspondent says almost the entire crop and careless
satisfactory conditions both as regards temperature and rain- planting is said to have been responsible for some more. Stands
fall have induced rapid development.
Stands For a portion are reported fair on the average, but the plant irregular in size,
of the territory affected by the flood it is too early to report A decided improvement is taking place daily, the weather
on the stand, but elsewhere good stands have been obtained during the past two or three weeks having been about all that
and the fields are in the main well cultivated. In consequence could be desired for rapid and satisfactory development. The
of the overflow, the crop in this State will be later than last crop is later and less promising than a year ago, but an absence
year, but otherwise the prospect is thought to be good. of rain has allowed farmers to put the fields in good condition.
Acreage An addition to the area planted was hardly to be Acreage There has been the usual disposition to add to the area
€xpected under the circumstances detailed above, but most of under cotton, but the increase this year has been moderate, say
our correspondents report an increase, and for the whole of about 3 per cent. Fertilizers are very little used.
Louisiana the average gain has been about 2 per cent. FertilThe foregoing details convey a pretty clear idea of the
izers—A very material excess over 1889 in the taking of both
about June 1st in each of the cotton States.
situation
commercial and home-made manures is to be noted in the
prepared our usual statement of rainfall
however,
have,
northern part of the State. In fact, one district reports that
the use of the commercial has increased 100 per cent and and thermometer as a confirmation of these results,
—
better than last year.
—
—
—
—
—
—
—
—
—
We
home-made
50 per cent.
Aekansas,
—What
is
which statements
true of Mississippi and Louisiana this
A
to-day.
From
will
be found in our Cotton Report
the data we draw the following conclus-
season applies also to Arkansas, only with less force.
porions upon the points covered by this report.
tion of the cotton area of the State was overflowed, but its
relation to the aggregate acreage was much less striking than
CONCLUSIONS.
in the other States mentioned. Aside from this, moreover,
stated as follows:
briefly
They may be
the planting season was later than in the previous year, or
acreage we would say that we
afifecting
As
about on a par with 1888. Our reports as to germination vary
First.
widely, some stating that seed came up splendidly, others have as usual attempted to keep the increase below the
—
THE CHRONICLE.
and hence in our opinion the percentage named
Second. — With
JUNI
fact,
82»^
U90.]
14,
is
regard to the maturity, cultivation
There is certainly a tendency to and condition of the plant, the conclnsions reached
enlarge cultivation, and it is manifest almost every- are as follows:
where. There are several reasons for this. (1) The
(1.) As to Maturity, the crop as a whole is probably
This, as wo all know, not quite as advanced as the last one, and yet there are
last crop proved very profitable.
was not owing to the good price alone, but largely and districts which are more advanced. In a good portion
mainly to the unusually high average grade. Producers of the Atlantic States, in Tennessee, and in a portion of
were therefore left in a stronger condition financially, we the Gulf States, the plant is either as forward as the
might perhaps say, than ever before. (2) During all of last or more so; but in the greater portion of Texas
the planting season the quotations for cotton, even for and in the flooded district the growth at latest mail
the next crop, have ruled at figures which ensure a wide dates was in a less forward condition. Wo should say
margin of profit to the producer; and not only that, as to maturity it was a medium crop.
but the outlook for consumption next year has at the
(2.) Cultivation was not BO perfect everywhere as a
same time been decidedly favorable. (3) Finally, in year ago. It will be remembered that then the May
the flooded districts of the Southwest, over a considera- drought had given the planter really more time than
ble section, when the water subsided it was too late to he wanted to clean his fields.
Still the cultivation is
plant corn, so some corn land was given to cotton.
now pretty well up as a general rule, and there aro no
Altogether therefore there can be no question this complaints at all serious on that point. As to the use
year as to the fact of an increased planting. We do of commercial fertilizers there appears to be some
not pretend to be able to give the exact addition, and increase, and of home-made manures the growth is
hence as stated seek to bring our totals down to a mini- steady and rapid. This is evidence of a disposition to
mum. But it is to be remembered that the South is grow- economize production which in a good portion of the
ing more conservative in the matter of planting cotton. South is so obvious now.
There was a time, not so many years ago either, when
(3) Condition of the plant may be gathered from what
slightly improved conditions as to price would lead the has been already said, especially in the introductory
farmer to neglect everything for his favorite staple. remarks with regard to the reports received respecting
Now crops are more diversified, the Farmers* Alliance this crop. We there set out the differences which exist
is exerting itself to keep them so, while the number now in this particular between the various States, comwho have proved by experience the wisdom of that pared with the situation of each a year ago. The least
policy is all the time increasing. Still the inducements favorable sections on June 1, 1889, were the Atlantic
this year to enlarged planting have been more numerous States and Tennessee
now none are better situated.
and more substantial than in other late year, and the A year ago Texas and the Mississippi Valley were conresult is, naturally enough, additions greater than a year spicuously well advanced ; now the rains and floods
As we have made them up for each State they have given them a late start. Still, on the whole, tho
ago.
are as in the subjoined table.
situation as we interpret it is to-day promising.
an underestimate.
;
Estimated for 1890.
States.
Acreage,
1889.
Acres,
Decrease,
Increase.
[From our own correspondent.)
1890.
London, Saturday, Mav 31. 1800.
market is for the moment
Georgia
largely in excess of the demand, and consequently rates are
280,730
277, 950
Florida
exceedingly low. For example, at the fortnightly settlement
3,102,670
Alabama
3,012,,300
2,971,780 on the Stock Exchange, which began on Wednesday and
Mississippi
2,857,,480
1,109,440 ended last evening, loans were made at from 2 to 2i^ per
Louisiana
1,087,,690
4,966,450 cent, and the discount rate is very little more than tjri' per cent.
Texas
4,821,,800
1,197,440
1,482,,610
Arkansas
Indeed, early iu the week it was only about Ifj per cent.
997,250
997,,250
Tennessee
Yet the reserve of the Bank of England, though adequate
109. 2C0
107,,120 2 per cent.
Other States & Ters.<
for the moment, is palpably insufficient for the requirements
120,852.320
-.^0.309.480 267percent.^
Total
that are likely to arise soon. The whole stock of gold held by
* The planting of cotton In the Indian Territory is receiving more
the Bank is in round figures only 21^ millions sterling, or
slightly.
led
to
has
been
ad
former
acreage
and
in
Miaaourl
the
attention,
North Carolina
South CaroUna
Altogether
1,038, ISO
1,652, 960
2,974,,140
1,033.180
1,686,020
3,063,100
per cent,
per cent,
per cent,
per cent,
per cent,
per cent,
per cent,
per cent.
we judge there has been an increase
of about 2 oer cent.
This shows a net increase over 1889 of 2-67 per cent,
bringing up the total to 20,852,320 acres in 1890, against
20,309,480 in 1889. We add the. acreage, &c., for previous years for comparison.
COTTON ACREAGE FOR THE YEARS NAMED— (OOOs OmittCd).
1
1
Biates,
North Carolina
South Carolina
1889-90 1889-89 1887-88 1886-87 1885-86 1884-85
1,028
1,637
3,066
1,082
1,670
3,006
1,093
1,704
3,067
1.072
1,687
3,007
1,038
1,653
2,974
1,023
1,653
3,066
278
3,012
2,847
1,098
4,822
1,483
273
270
284
294
278
2,953
2,774
1,066
4,506
1,454
2,953
2,693
1,045
4,292
1,411
2,924
2,615
1,015
4,011
1,344
2.984
2,564
2,897
2,489
995
921
8,680
1,305
3,257
1,231
...........
997
107
968
104
968
103
940
103
931
103
895
100
Total acreage....
20,309
19,845
19,466
18,994
18,710
17,834
Mississippi.... ......
Ix^uisiana. ...........
Texas
Arkansas
Tennessee
AU others
6,514
6,550
7,018
5,669
6,935
7,250
Total production....
Increase in acreage. 2-34 p.c 1-95P.C 2-49 p.c 1-52 p.c 4-91 p.c 2-21p.o.
Incr'se in production 4-47 p.c •1-18 PC 7-74 p.c *0-55pc 15-54pc •0-79 po
Product per
*
acre.lba.
Wecrcase.
166
163
164
157
160
144
The supply
of
money
in the open
about IJ^ millions less than at this time Ust year. Even the
larger stock last year proved quite inadequate. Towards the
close of the summer the Directors had to put up their rate to
5 per cent, and on the next to the last day of the year they
had to raise it to 6 per cent. The demands this year are not
All the
likely to be less than they were twelve montlw ago.
foreign exchanges indeed are unfavorable to this country.
During the week ended Wednesday night the Bank lost
£49,000 of the metal, and all the bar gold offered in the market was bought for the Continent. During the last two days
also there have been withdrawals from the Bank. The
demand is especially strong for France, Germany and South
America.
It is hoped that as soon as the monthly liquidation on the
Berlin Bourse ends the Gterman demand may decline. But it
expected that the French demand will increase as the time
for bringing out the funding loan approaches, and it is understood that very large amounts are to be sent to South America
almost immediately. Yet the supply in the outside market is
ia
so large that it is impossible to keep up rates. On Monday
there will be an issue of Treasury bills which it is expected
will be taken by the outside market. If so, that will lessen the
excessive supply, but the reduction will not be enough, and it
is
thought probable that the Directors of the Bank of Eng-
THE CHRONICLE.
824
land will begin to borrow upon consols as soon as the Treasury
are taken, so as to raise rates aud protect their reserve.
If they do not, the gold drain it is feared will become dangerously large.
The price of silver has fallen to 46 9-16d. per ounce. India
for the time being is the only purchaser, and the Indian debills
mand having
been satisfied early in the week, since Wednes-
day the price has been
declining.
The market
somewhat
is
discouraged by the cessation of American purchases. American operators were buying very largely here some weeks ago,
but they have ceased to do so, and by many it is feared that
they are not so sure as they were a little while ago that the
Yesterjsilver biU will be carried quickly through Congress.
day the Bank of Bengal lowered its rate of discount from 6
per cent to 5 per cent.
The greatest activity upon the Stock Exchange tliis week
has been in the market for international securities especially
there has been very strong buying of Egyptian and Turkish
bonds. All the Powers, it is now underst-jod, have given their
assent to the Egyptian conversion. The representatives of the
[Vou
The wheat market continues dull and inactive. From all
Europe tlie reports respecting the growing crops are
favorable. A little while ago there were serious fears that
great injury would be suffered in Russia through drought.
But since then there have been abundant rains and the crops
all Over the Empire now promise well.
The yield it is thought
will not be as large as it was expected to be a month or six
weeks ago, when it was hoped to be quite equal to the exceptional production of 1887. But it promises to be very good.
Throughout the rest of the Continent and at home the season
so far has been exceptionally favorable. The tendency of
prices, therefore, is rather downwards.
The rates for money nave been as follows:
parts of
.
Intereat allowed
Open market ratet.
Bank
for depotttt by
Tra(U BiUi.
Bills.
DiK't
members
House of Rothschild in Paris, and the House
of Bleichroder in Germany. The intention at present is to fix
the rate of interest both for the new preference loan and for
the new Daira and Domain loans at 3)^ per cent. But the
of the
In anticipation of the
issue Egyptian unified bonds rose on Thursday to 973^, the
price of issue
is
not yet agreed upon.
B"—
Joint
;
Egyptian Government are at present in London, as are also
L.
four
Honttit Monlht
Three
Apr. as S
Mar s R
9 3
ma
3
(a
Ifone*.
2 a -|2 » -,2«.»3
» • — 2M® -fiHiS
- a«a - 25(S» - 2M®3
-\iH@ -\m» ~2H->-3
- m*-8x« -2 es
\lHi
"
28 3
••
sols
!i9«»
ll«.» -iJ
The Bank rate
highest price ever touched.
2MS3
2«a3
SH(»a
2«93
m
1«
m
2X43
2«<iS
2H(83
1«
1«
May
2>i«3
now and
14
Day,.
7 to
Oali.
iMiiH-m
Hi
and open market
of discount
have been as follows
At
Stock
2H43
s«.s
2«»3
«-2?6»-2)<»3 2XA3
chief Continental cities
Six
Honthr ItonthB Monthi Bankt.
-
IB 3
••
Taur
Three
Sfcr
IMilJi-lH
)« i«-m
ix i}<-i«
1
IX-IM
IHliM-lM
rates at the
for the previous three
weeks
:
May
30.
May
23.
Maya.
la.
The American market has likewise been strong in spite of
[nttr<^t at
Bank Open Bank Open Bank Open Bank Open
the fortnightly settlement, the holidays here and in New York
HaU. Market Bate. Market Bate. Market Bate. llarka
and the break in Trusts in New York. The fortnightly settle3
3
3
2^
2«
2«
ment showed that the speculative account open for the rise, [>^lt
4
4
3
4
3?«
2«
2H
though somewhat larger than a fortnight ago, is yet far from Prankforl
4
4
s«
4
4
2H
4
4
4
3
4
2^
SH
being dangerously large, the continuation rates ranging from Kamburg
Aoifllerdam
an
2X
2K
2M
2H
2M
2H
about 3 to 3J^ per cent. If no untoward accident happens, the Brassels
3
3
3
3
2«
2X
general belief is that speculation will increase, and that busi- \ladrid
4
4
4
4
3H
3«
3
4
4
3
4
4
3Mi
ness will grow more and more active as the year advances.
6«
5X
5H
»«
6)4
In the market for British railway stocks there was a general it. Petersburg.
CopaobaKeD
an
3H
3«
3X
8H
advance on Tuesday and 'Wednesday, followed by a sharp
reaction on Thursday, which was due partly to the issue of an
The following retura shows the position of the Baak of
unfavorable revenue statement by one of the companies and England, the Bank rate of discount, the price of consols, &c,
paxtly to some remarks made by the Chairman of the Great compared with the last three years:
~r
m
,
Eastern Company at a special meeting of the shareholders, in
which he spoke of the great increase in working expenses due
to the rise in coal. The reaction, however, is generally believed to be only temporary. If the Parliamentary Committee
reports in favor of the conversion of ordinary stocks, it is generally thought that speculation will revive again next week.
The Egyptian Government has asked the Directors of the
Baxik of England to allow the new preference loan to be inscribed upon the books of the Bank as are consols and colonial
bonds. And it is ijelieved that our Government is in favor of
the proposal. The Directors, however, are hesitating, as it
would be a departure from all the traditions of the Bank, but
the general expectation is that they will agree.
The price of copper continues to rise. This week it was at
one time £55 a ton, and though there has been some decline
the trade expects a considerable further advance. It is said
that Baron Hirsch, who holds over 20,000 tons, taken by him
at the time of the failure of the Comptoir d'Escompte, has
offered to buy the whole of the stocks now held by Messrs.
Eothschild and the Bank of France but the offer has been refused. It is also said that a great German smelter has offered
to. buy from the Rio Tinto Company its whole production for
the next two years, and that that offer also has been declined.
Naturally copper mining shares have risen with the metal. At
one time this week the Rio Tinto shares were over £21. Tin
also is very firm, but the pig iron market continues exceedingly weak.
;
The improvement
in the cotton trade
is
maintained, and
hopes are entertained that the July comer will be defeated,
for it is said that Lancaslm-e manufacturers have provided
themselves with stocks much more largely this year than they
have been in the habit of doing for a considerable time past.
Other industries are faia-ly prosperous. There is not as sanguine a feeling as there was last year, but at the same time
market reoorts and trade
circulars are fairly satisfactory.
The railway traffic returns issued this week are exceedingly
good. The increase no doubt is mainly in passenger traffic,
owing
goods.
to the holidays.
But there
is
an increase likewise
in
1887.
1890.
1889.
£
£
24,649.390
6,387,939
24,277,900
24,252.810
24.914,745
10,191,034
25,98I5,fl0»
25,271,621
6,081,980
23,831.397
15,505,651
16,015,065
17,055.147
other securities
Reserve
21,109,515
19,038.022
13,658,230
22.179,578
15.160.289
Colnand
21,755,670
23,238.189
4.749,503
26,031,794
15,489,907
18,729,890
14,396.887
23,561,622
46 7-16
Circulation
Public deposits
Other deposits
Government
,.
securities
bullion
42
Prop, assets to Uabilities. per ct.
Bankrate
perct.
3
989-16
Consols
97,235,000
Clearing-House returns
&
Messrs. Pixley
AbeU
12,210,261
20,263.074
3»H
42J4
112.563,000
2
3
2\4
99 1-16
135,374,000
128,392,000
write as follows:
Gtold.— Tlie open market inquiry for Kold is now very keen, and parhave been scciued for Paris and Holland. Comparatively large
received duiini;
sh Ipments coutimie to be ma'le to India. The Bank
the week £106.000, and sold £60,000. Arrivals: West Indies, £82,000;
Brazil, £91,000; New Zealand, £18,000; China, £8,000; Natal, £31,000
—total, £2i!0,000.
ailver.— Silver is slightly easier, as pondiux some decision iu the Senate the New York demand has been checked. In addition to this, some
important arrivals had to be placed. India has purchased during the
week. The price to-day is £4678d. Arrivals: Chile, £-48,000; West
Indies, £.58,000; Vera Cruz, £5,000— total, £111,000. The Elder took
cels
hm
£L0,000 to New York.
Mexican Dollars.— Mexican Dollars have been steady at fSd^ at
which price there has been a good demand for China. Arrivals: New
York £60,000 and Vera Cruz £77,000.
The quotations
for bullion are reported as follows:
SILVER.
GOLD.
May
Ijondon StAi\iard.
B.
—
oz. 77
9ar gold, Una
Bar gold, contaln'g
80dwts.8llvor.oi. 77
99.
d.
m
U«
May
22.
$.
d.
77
»M
London Standard,
29.
oz.
dariilver
Bar silver, oontaln-
iDR 5grs. goid.ozoz.
silver
Mexican dols....os.
(^alce
The following shows the imports
May
2»
i«fi
d.
47 1-16
47K
47 7-18
50 9-lti
46
SOM
d.
77 10«
jpan.doubloons.OB.
4 Am.doubJoons.oz.
May
of cereal produce into the
United Kingdom during
the thirty-eight weeks of the season
compared with previous
seasons:
IMrORTS.
Wheat
Barley
Oata
Peas
Beans
Indian corn
Flour.....
1889-90.
cwt. 38,728,784
... 11,971,154
8,869,944
1,409,466
2,403,902
28,867,791
12,929,872
1888-89.
4.5,085.667
15,331.849
11,060,831
1.869,879
2,490.098
21,206,122
10,461,713
1886-87.
1887-88.
32.767,246 36,716,376
14,636,432 13,562,371
10,986,499
9,783,043
1,797,150
2,310,734
1,855,062
2.002,084
15,987,85* 20,819,361
13,967,909 12,814,618
Jdios
THE CHKONICLK.
1890.]
14,
BXPOBTR rauM Maw tork fob thk wbbk.
Supplies available for consumption (exclusive of slocks on
September
625
1887.
1):
1888.
Total
89,535,4.56
,
83,937,446
78,237,796
1889-90.
Aver, pride wheat week.338.
At. price wheat season. SOs.
1888-89.
1837-88.
29a.
5(1.
Sis
2d.
3lH.
30s.
74,161,956
1880-87.
6d.
4d.
34s.
328.
9d.
The following shows the qtiantities of wheat,
maize afloat to the United Kingdom:
flour
and
2d.
2d.
Thitvie'k.
Lanlwek.
are. 2,604,500
Flour, equal to qra. 304,000
Maize
qrs. 747,000
2,415.000
291,000
Wheat
Eocllali Flaanolal
The daily
June
London,
Sat.
48
Consols, new 2%
97*19
do
for account.
97%
IVoh rentes (In Paris) fr. 92-40
D. 8. 4»s8 0f 1891
105
O. 8. 48 of 1907
125
85I9
Canadian PaoUlo
Chlo. Mil. & 8t. PaiU.... 80»8
Illinois Central
1201fl
Lake Shore
iio^a
Loulsrille & NashrlUe.. 93 Js
79T8
Mexican Central 48
N.Y. Central & Hudson. 11338
N.Y. Lake Erie & West'n 29 12
do.
2.i cons
IO718
Norfolk A WesTcm, pref
6634
Northern Pacitip, pref.. 8714
55 14
Ffennsylvanla
Philadelphia & Beading. 24J8
Union Paoiflo
Wabash, pref
Ex-dividend and
new
UoH.
Tuea.
Wed.
Thurt.
Fri.
48U
4814
48
97 >4
47%
97 12
92-70
105
125
South America
85%
79%
116%
92%
120
BO'S
113'4
7P«a
120>4
116%
02%
80%
llS-'a
28T8
29%
105
125
105
125
84%
85%
77%
781s
120 k
78'8
115%
92''8
115%
92%
80%
113%
112%
.79%
113%
79%
28%
107 "4
Go's
65^8
87%
86%
64%
85%
$155,728
ainee
JtmA,
3-7',.V38
5,607
West Indies
.Mexico.
AU
.
.
1,351
22.612
168,063
r
19,997
31,928
other countries.
Total 1890
Total 1889
Total 1888
$336;9o6
85,460
$8,658,194
9,011,245
5,283,976
$1,265,946
439,000
197.680
339.009
121.614
832,873
$319,010 $2,699,348
736,634
2.632
926.767
49,631
55 14
24
55M,
55
55
68%
24%
68%
23%
67%
24%
coin.
34^8
34--J8
34
34
34
3^78
87%
107
68 14
—The
— Attention
following national
banks have
:
Vt.
Corporate exist-
the advertisement of Messrs.
to
word is hardly necessary yet parties desiring to deal
with a responsible house, either as bankers or cotton commission merchants, may find it to their .advantage to open correspondence with them.
Messrs. John H. Davis & Co. offer in our columns to-day a
small amount of first mortgage 6 per cent 30-year gold bonds.
further
FOREION ntPORTS AT
HEW TOBK.
1888.
1889.
;
—
United States Sub-Treasury.— The following table shows
the receipts and payments at the .Sub-Treasury in this citv, aa
well as the balaaces in the sa me, for each day of the week.
Balance*
I
I
Beeeipi:
Dale.
1
I
Pay menu.
„^^
^oin Cerfe.
1890.
$1,443.6-20
6,842,0371
$1,446,897
7,256,579
$1,519..<)84
7,211,333,
$1,841,674
7,435,009
$8,285,657
$8,703,476,
$8,731,317,
$9,277,283
1
Dry Goods
$34,929,527, $59,579,007' $63,229,2621 $67,284,847
Oen'lmer'dise..' 153,671,770, 154,006,317 I61,808,312i 166,242,481
Total 23 weeks. $-.^08.601.297 $213,535,324 $225.037,574 $233,527.3 28
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week endiog June 10 and from January 1 to date
Ourrcntm.
|
June
1.847,849
2.327,994
2,828.051
2.691.681
2.736,234
2.080.KSI
2.549,329
2,666,474
14,215.209
15.55-2,653
7;
9;
"
"
10
2,763,629.
1,952,771!
11!
3,038,444
"
"
12
13
2,28a.f22,
•'
Total
I
162.823.551
12,948,342
13,011.657
12.145.570
0,009,716
6,026,061
6.118,454
I(i2,s57.792
12.!H1!I,252
6. .'76,092
l«a.041.2H7
163,110,774
12,437,806
12,091,390
6,:i01,225
16-'.841.02n
l«2,81.-*.-n6
6,239,484
.
Anctiou Sales.— The following were recently sold at auction
by Messrs. Adrian H. MuUer & Son
:
Shares.
in January.
1887.
called
is
Latham, Alexander & Co. on the outside back page of today's Chronicle. As. we have so often spoken of this Arm, a
stock.
;
Total
Since Jan.
$8,407,981
22,000
South America
2814
107%
Imports and Exports for the Week.— The imports of
last week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $9,377,383, against $9,674,471 the
preceding week and $9,905,678 two weeks previous.
The
exports for the week ended June 10 amounted to $5,247,630,
against $4,938,081 last week and $6,613,044 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) June 5 and for the week ending (for
also totals since the beginning
general merchandise) June 6
Qen'l mer'dlse.
Week.
69%
66%
87%
1,698—The Howard National Bank of Burlington,
ence extended to June 7. 1910.
Dry Goods
Imporit.
Since Jan.l.
Great Britain
France
.
For Week.
$4,117,171
3,406,190
4.137,620
55 14
24
108
66 13
Wiiles National Bank, North Wales, Pa. Capital.
$50,000. Harry R. Swartley, President; Henry Unger, Cashier.
4,331—The First National Bank of Canal Dover, Ohio. Capital, $50,.
000. Samuel W. Craxtou, President: Frank M. Peet, Caehior
4,332— The Merchants' National Bank of Jacksonville, Fla. Capital,
$100,000. Jno. L. Marvin, President; H. T. Boya. Cashier.
4,333—The First National Bank of Haskell, Texas. Capital, !jl50,000.
W. H. Parviu, President; Howell E. Smith, Cashier.
4,334—The First National Bank ot Rico, Colorado. Capital, $50,000.
J. E. McClure, President;
Cashier.
4,335— The WasUinKton National Bank of the City of New York.
Capital, ijiSOO.OOO. Evan G. Sherman, President; John T.
Grander, Cashier.
4,336—The Citizens' National Bank of Ironton, Ohio. Capital, ifilOO,000. William M. Kerr, President; Charles Luituer, Cashier.
4,337— The Southern National Bank of New Orleans, La. Capital,
¥500,010. N. B. Slixh, President; I. E. Roach, Cashier.
4,338—The Lavaca County National Bank of HallettsviUe, Texas.
Capital, ¥60,000. Carey Shaw, President. Friench Simpson,
Cashier.
week
$40,302
KMl.lll
12,832
69 la
1071a
4,330—The North
first
$50,202 $3,093,453
4,997.080 27,761,253
44,701 11,013,478
690
Of the above imports for the week in 1890, $7,702 were
American gold coin and $7,978 American silver coin. Of the
exjxjrts during the same time, $30,302 were American gold
recently been organized
of the
1,709
36.843
Week.
Ol's
®0mmet;claT mid W^isctXlmxtous M^vas
NA-noNAL Banks.
$2;ib6
Jixportt.
105
124
85
120
28-'8
1,858.442
1,600
1,107,323
63,425
fl
120»4
II6I4
$166,070
3,506.388
890,066
138,107
8.793
83,686
335,363
28.967
16,235
All other countries..
Since Jm.X.
aUvtr.
97%
974,,
97V
07'.,
979,,
97',,
97%
92-45 92-55 92-55 92-77%
105
125
85
Week.
endin;;
49
975,8
1.
$67,663
9.000
Great Britain
Total 1890
Total 1889
Total 1888
d.
perots.
Since Jan.
Week.
West Indies
markets— Per Cable.
by cable as follows for the weeit
London
Imporit.
aoid.
18
BUver,per oz
'
485,000
clo.sing quotations for securities, &c., at
are reported
The following table shows the expnrta and imports of apeci*
at the port of New York for the week endioK June 7 and
since January 1, 1890, and for the corresponding i>eriods in
1889 and 1888:
BXPOBTS AMU IM PUBIS OF IPBCtB AT MBW TOBK.
Exports.
240,000
246,000
IMO.
$6,382,344' $B,347,6S6
$1,748,781
129,606,1111 148^443,0981 144.201,474
$6,854,340
127,286,640
Total, 23 week» $134,140,989 $130,448,842 $192.826,84a!$l40,449,llO
1888.
2,288,000
252,000
1889.
1,351,000
644.000
6<l.
For the week..
Prev. reported
188$.
I
I
1889-90
1887-88.
1886-87.
1888-89.
Importsof wlicat.cwt.38.728.784 45.08.'i,0«7 32,767,216 30,716,376
Imports of flour
12,929,872 10,461,701 13,9«7,90i» 12,814.<)I8
Sales of home-grown. 37,876,800 28.390.018 31.502,641 24,620,062
BaukofNcwYork,N.B.A.215%
43 Manhattan Company
89%
21
45 H. B.
fiOp.c. piL
1
30 B-.mkof America
128 National Butchers
vers' liank
109-109%
217'4
10 H. B. clatlln Co. Ist
pref.,
192%-193%
60iHrr. nt paid
50 H. B. Clallla Co. '2d
pref..
&
Dro-
10 Home Life Insurance Co.242
100 OhloCen. KK., *1(K) each$12
35 Metropolitan PhonoKraph 16%
2 Mem.N.Y.Pro.Ex..$-<0O-;f!8l0
43 Central Trust Co.. 1350-1 405
250 N.J.Bouth.RR..'<^100 e'h.$l25
25 St. L. Ark. & Texas RR.
(ass.
SKarrit.
Clallliu Co., com.,
notpd.).$10()each$lll
25 Lonj; Island Fire lu». C«. 84
50 Mad. S<q. Garden Co., com. 76
500 8an Schasfn Min. Co
*106
102%
1 04%
60 per cen t paid
11 Fnlon Trust Company. .800
Hqai-e
Hank
.100%
50 M:uli»oH
150 Morchauts- National Bk.103%
Uonds.
5s, debt
100»8
certlllcsies, 1 8.(3
$4,000 Brooklyn City 6«. park
157%
bonds. 1924
$2, 100 New York 5s, Central
114%
Park, reg., 1898
$1,000 N. Y. Ccutnil
200N.Y.Mul.Gasl-tCo.l21%121% »i>,(XK)N.Y.7s.imp..reK.. 1892.109%
102% $1,000 BriKikiyn 6s. perma10 Bank of Harlem
124%
305%
nent water loan, 1899
25 National Park Bank
$25.1H)0 Lai^k. A 8outhwe»t'n
25 .State Trust Co
1 82 14
10
1st 58. 10-29
750 Shcpauir L.&N.BR.t.e.55- 60
S8.0<X) V. 1: 4%s. col. tr. (Den.
1 N. Y. Life Ins. &Tr. Co.. 715
311
L«?ad * Gun. dlv.). 1918... 81%
25 Bower\- Bank
17 Bank of North America.. 189
$2^.000 Carolina CenU BR.
6 American Loan A Tr. Co. 1 17%
2d mort. inc.. reg.. 1915.... 34
gatiUtng a nd financial.
Spencer Trask &
Co.,
BANKBR8.
Noa. 16 and 18 Broad Street, Neir York Gltr>
ALBANY. N. Y.: 9ARAT0QA. N. Y: PKOVIDKNCB, R. L:
TRANSACT
A CBNKRAI, BANKIMIi BUSINBSS.
Special
All classes of Seciu-ities Bought and Sold on Commission
tteution Klven to Investment Securities. Dixeot wire vo eaoh offiM
tnd to Philadelphia. Boston and Chicago.
THE CHRONICLE.
'"826
The posted
[Vou
rates of leading bankers for foreign
L,
exclmnge are
as follows
DIVIDENDSt
June
When
Kami of Company.
Cent.
Railroad*
Boston Kevere Beach & Lynn..
Central ER. & Banking of Ga.
Connecticut Kivcr (quar.)
3>s
4
2
4
& Ohio
1
1»4
l>a
3
IHi
Bock Island & Peoria
Toledo
Central pref
inifkcellaneotis.
The following were the rates of domestic exchange on New
York
at the under-mentioned cities to-day: Savannah, buying
July
par, selling yg@}4 premium; New Orleans, commercial, 25c,
July
July 15 June 11 to
"1 premium; bank, $1 premium; Charleston, buying par, selling
1 June 17 to July
July
premium; St. Louis, 60c.@75c. per $1,000 premium; Chi1 }4
July
1 June 17 to
July
cago, par(@25c. per $1,000 premium.
July. Ito
July
1 June
United States Bonds. Government bonds are steady at
1
July
July 30 June 20 to June 30 unchanged quotations. The Treasury purchased this week
only $369,500, of which $182,550 were fours.
July 15 July 1 to July 15
The statement for this week is as follows
July
June 21 to July 1
July
June 15 to
1
June 23
—
1 June 15 to
15 June 16 to
2
FltchliurK pref
l^hiKh ViiUcy (quar.)
Manhattan (quar.)
New York & Harlem
Northern Central
Northern (N. H.)
Sooki Oloted,
{.Days tflcluatne.)
Payable.
—
—
I
9*
American Bell Telephone
Commercial Cable (quar.)
Qulucy ER. Bridge
:
1
$6
2»3
Biigar Refineries
Western Union Telegraph (quar)
Of this 6 per cent Is extra.
July
July
July
1
June 29
I'junelS
to
to July
15 'June 21 to July
1
4K Per CenU
1
Offerings. Purch^es. Prices paid.
WAIili 8TKEET, FKIDAY, JUNE 13. 1S90-S P. M
!f!he Money Market and Financial Situation.—There has
been only a moderate Stock Exchange business this week, and
are evidently experiencing the effects of that reaction which
often follows a period of long-continued animation and buoyancy.
The general outlook has scarcely changed at all, and the
material facts of large tonnage on the railroads, maximum
gross earnings as compared with former years, and a constant
tendency towards consolidation of "systems," and the absorption of smaller roads into the larger combinations, are the leading points which fortify the present railroad situation. The control of the Baltimore
4 Per Cents diie 1807.
due 1891.
1
•*
we
Demand.
Sixty Bayt.
13.
4 86
4 88I3
Prhne bankers' sterling bills on London..
4 8414*4 841a
Prime commercial
4 84 «4 8412
Documentary commercial
5 183i®5 18% 5 16i4«5 15%
Paris (francs)
40i4®40"'i8
407i«®40ii
Amsterdam (guilders)
95>8a95i4
95%®9578
Frankfort or Bremen (relchmarks)
The f oUowiwt dividends have recently l)een announced
& Ohio stock
by a syndicate supposed to
be in harmony with the Richmond Terminal system is the great
feature of the week and added to this we have early news of
the purchase of the Scioto Valley & New England Eoad by the
Norfolk & Western, thus taking this strong company up to
Columbus, the heart of the State of Ohio, as soon as its extension is finished to Ironton. These are matters which have a
bearing on the value of stocks in the long run, and therefore
they are of more importance than mere market influences,
which may affect securities very sharply for a time but not
touch essentially their long investment value.
An export of §1,000,000 gold for to-morrow is reported this
afternoon, not as a profitable operation at present rates of exchange, but as a "special transaction," meaning thereby that
a small premium is paid for the gold; it does not seem to make
much difference, however, so long as the gold goes out of the
country. But this point is worthy of notice, namely, that we
have reached the middle of June this year with practically no
exxwrt of gold, against a considerable export up to the same
time last year, and the difference is accounted for by the large
takings of American stocks, bonds and other properties of
Batorday
. .
Monday
»18,500
35.500
13
8,000
103
51,000
75.SS
103
103
Taesdajr...
Wedn'aday.
Thnraday..
rridar
Total.
.
.
25,500
75.880
38.150
96,600
fISB.CSO
tl88,550
prices at the N.
Interest
Periods
4123,1891
1891
49,1907...,
4s,
6s,
63,
63,
6a,
6s.
103
15,800
64,000
The closing
413a.
Offerings. Purch^es.
1907
cur'cy,'95
cur'cy,'96
•ur'cv.'97
cur'c7,'98
curVy,'99
C
k-Mch.
reg. (5.-Jan
coup. (J.-Jan
reg.
reg.
reg.
reg.
reg.
J.
J.
J.
J.
J.
&
&
&
*
&
J.
J.
J.
J.
J.
Prices paid
123
12a
15,800
38,150
122
122
9(3.500
12-3
$182,5501
Y. Board have been as follows
:
Jtme
June
June
9.
10.
11.
1-2.
13.
;*103
1*103
i»103
•103
*121
*122
*113
•103
*121
•122
*113
116
ni6
*118
*121
*124
•118
*121
•103
•121
*122
-113
•116
•118
•121
•103
•103
*121
•122
•113
*116
*118
'121
June June
7.
reg. Q.-Mch. *103
coup.
[
»«.600
25.S0C
103
*103
1*121
1*122
*113
*116
1*118
,*121
June
103
•121
*122
•113
•116
*il8
•121
*r23i2i*123i2 *123i2 :*123ial*123i«
;
various sorts for foreign account. The renewed confidence in
our investments has saved us from exporting gold.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 7 per cer i,
with 4J^ per cent as a fair average. Prime commercial paper
is quoted at 5(fl5% p. c.
The Bank of England weekly statement on Thursday showed
a"gain in specie of £170,000, and the percentage of reserve to
liabilities was 41-81, against 42-67 last week; the discount rrte
remains unchanged at 3 per cent. The Bank of France lost
750,000 francs in gold and 1,075.000 francs in silver.
The New York Clearing House banks in their statement of
June 7 showed a decrease in the surplus reserve of $1,750,
the total surplus being §4,910,375, against §4,912,125 the preTious week.
The following table shows the changes from the previous
week, and a comparison with the two preceeding years in the
averages of the New York Clearing House banks
:
1890.
J'urie 7.
Capital
Differen'sfrom
Prev. tDeek.
60,812,700
60,190,400
Surplus
Loans and diacts 396,984,900 Dec.
Circulation
Net deposits
3,725,100
406,024,500
75.53^,100
30,891,400
Specie
Legal tenders
Reserve held
Legal reserve
Surplus reserve
Dec.
Inc.
Dec.
Inc
.
106,41 6,500'Inc.
101,506,125 [Inc.
.
4,910,375ll>ee.
1889.
June
8.
1888.
June
9.
60.762,700 60,762.700
54.801,800 50,381,500
154,900 413,82S',000 365,994.200
16,800|
3,993.100;
7,411,000
939,800 440,285.700 396.542,200
341,500; 76,410,2001 88,703,000
574,700 44,717,400 37,743,400
233,200 121,127,600,126,446,400
234,950 110,071,425! 99,135,550
I,750l
11,056,175! 27.310,850
*
This is the price bid at the
owing to the increased rates for discotmt
Posted rates are 4 86 and 4 SSJ^, and actual
rates are: Bankers' 60 days' sterling, 4 85i4@4
853>i; demand.
4 87?^® 4 88; cables, 4 881^(34 881^.
particularly strong,
m London.
;
sale
was made.
State and Railroad Bonds.— Virginia 6s deferred trust receipts furnished most of the business in State bonds at the
Exchange, the sales amounting to $75,000 at SJ^-gj^; the other
transactions were: ^3,000 Tenn. settlement 3s at 753^, and
$10,000 comprom. at 81; $4,1.00 Ga. 78, gold, at 102; $13,000 Bo.
Car. 6s, non-fund., at 4}^; $3,500 Ala., class "A," at 106%107,
and $1,000
class
"C"
at 102?^.
Railroad bonds have been in fair demand only, the dulness
in the stock department extending to the bonds, though prices
were fiira. The features have been the Reading issues, parWest. Pt. Ter. coll. 5s, at
ticularly the general 4s, Rich.
an advance to 78, Ken. Cent. 4s at advancing prices, Tol. St.
L. & K. Ists, advancing to 98J^, and N. Y. Chic. & St. L. 4s,
which rose to 95 on Thursday. The M. K. & T. new 4s are
largely dealt in, and they close at 81%.
Railroad and Mlscelianeous Stoclts.- The stock market
this week has been dull and somewhat irregular, the most
active stocks being Chicago Gas, Or. Trans., Rich. Terminal
and Atchison. Prices showed a weakening tendency until
Thursday, when there was more strength, but to-day weakness was again apparent. Rates for money in London are
higher, and a few sales of stocks here for London accotmt
&
have been made.
Chicago Gas rose to 56 on Monday, when
it was known that
the Philadelphia Fidelity Company refused to turn over the
assets to the receiver, but it has since weakened on the probaThe O. T. bonds have
bility of litisation, and closes at 53.
been called for payment on Nov. 1 next the first step in the
reorganization; the stock, however, has been irregular, and
Northern Pacific reached its highest point of
closes at 49^^.
the year Tuesday on false reports that the preferred was to
be retired, but it, too, has fallen off. R. & W. Pt. Terminal
was strong up to-day, but closes weaker at 23^3 for the common
and 85}^ for the preferred. It is rumored tViat the recent purchase
of B.
stock
was partly by persons
O.
Quicksilver mining common and
in the Terminal interest.
preferred were active early in the week, and touched the
highest prices of the year on Monday 9J^ for the common
and 43% for the preferred. Pullman's Palace Car also rose 6%
points during the week to 207 and closes at 206 Jg. Among the
strongest stocks have been the coalers, Manhattan Elevated,
Mo. Pacific, N. Y. Central, Nickel Plate, Manitoba,' Tenn.
—
&
—
& Iron, Laclede Gas and Western Union.
The dealings in Sugar Trust, though active early in the
week, have fallen off, the price fluctuating, however, yesterday and to-day from 82 to 855-8 and closing at 83^8, although
T'lal
2^ per cent has been declared. There has been
usual crop of rumors as to decisions, competition, dividends, etc., etc.
Other industrial stocks dull, with closing
prices as follows Lead, 21J^ Distilling Co., 40 Pipe Lines,
891^ American Cotton Oil, 30i^.
Silver bullion certificates have been largely dealt in, the
Saturday, $275,000 at 105@
transactions beint; as follows
106'4 Monday, §230,000 at 105i.^(ai06 Tuesday, $135,000 at
105%(al06; Wednesday, $196,000 at ]04Ji£@105 Thursday,
Friday, $100,000 at 104(gl0o; total,
5270,000 at 104(8105
the dividend of
1,'ie
:
Foreign Exchange.— There has been a scarcity of bankers'
and commercial bills this week, and in consequence the exchange market has been firm and rates higher. Demand bill^
momlng board no
;
;
;
:
;
;
;
;
^1,206,000 at
Wi®10Q}4.
June
14,
THE CHRONICLK
1890.]
STOCKS— PRICES AT
W. Y.
827
STOCK EXCUANUE FOB WEEK ENDING JIT.VB
13,
UIGHEST AND LOWEST PRICES
STOCKS.
RR.
Active
Saturday,
Juno
7.
48
48-'8
*7\
Canadian Tacl tie
Canada SoutUcru
833a
00^8
8
833g
OO'a
Atchiaon Top. .fe Santa
>t PaciUo
l''c
,
Central of New Jersey
Central raclflc
Do
Do
ChtcaRO
Cliic.
,
,
&0.— Vot.Tr.oert
do Ist prof..
do 2dprof...
&
121
-3514
24I3
licnef. Tr. Kcc...
ChieaKoBiiriinfttou&Quiuoy,
Chicaso .fe Eastern Illliiol.«i...
I>o
prof...
Paul.
prcf.
CUcasoMllwaukee&St.
Do
124
3GI4
24I>8
•61% 05 •«
ifg
130
,\Uon
& Atl.
ife
13:!4
107
447g
135
13!^
83>4
7%
Louis
Do
CaiicaKO St. Paul
Do
Juno
10.
Thursday,
Jnno
II.
87
78
120% 121>3
8
& Pitt.sl)ur«'
Mm. &
Cleve. Cinein. Chic.
Do
&
prof.
Oui.
pref.
St. L..
'17
*48
50
33
99
35
99
78%
100
17 '2
7916
100
47'8
•7
48%
47
8'.|
82% 82%
'.i
1>,
130
135
•13% 14
107 >4 107
39% 40
•85
77I3
i9U
83
16
•49
35
•95
79
100
130
I3I3
107»8 107
4014 401a
86^8 86'h
77>8 77''8
1211a 12113
Northwestern
Cliieasro St.
Wednesday,
47% 46%
7% 7%
7
82% 82% 83
6OI4 61 'm
COOs 61
89% 00% 69%
'123
125
122 1241a 124% 124% 124%
Sola 35i«
35 13 35
•85% 36
84%
24% 31% 2413 24-« 23% 2414 •23%
65
65% 64% 63
61% 61% •61
45
45% 44% 45% 43% 41 14 44
47ifl
115B8116
llSSsllO
Do
147»s 146 148
prof. 146
94% 9514 94% 95
ChlcaKO Rooh I.sland APaciHc.
ChicaRo
of the
Tuesday,
June
Salei
Week,
Pridajr,
June
1'2.
Share*.
13.
JAN.
IStW.
1,
Bange Since Jan.
Loweat.
1.
18Ua
Bistieat.
Ntocka.
Atlautlc
Cliesapealce
Monday,
Juno 0.
AKD gIMCE
16
50
35
99
79'8
41
87
'130
13%
107 '4
411.1
87 '4
130
132
13% 11
106% 107
94I3
*16
•47I3
35
95
17'!j
51
35
79% 80 '4
lOOM 100
40%
•7%
•821%
60%
eo
477,
7%
60%
83
126% 1-28% 120%
"34
83
35%
21%
63%
44
132
23% 24%
05
it
•130
10% 40%
•85% 87
75% 77
88
77 18 77% '76% 77%
xll2%113
7%
83
68%
44
132
13% 11
14% 14%
106% 106% 106% 106%
30% 40%
'....
47=8'
40
86
40
86
76% 77%
120% 121
121 121%
112% 112% 111% 112% 11108 112%
144 145% 143% 113% 143 113%
1-20% 121
94
93% 91%
94=8
16% 16%
•47
80
46
47
05
78
100
25
03
70
100
23
84% 34%
78% 79%
100 '4 100 100
•24% 25
25
01% 91%
17
17%
47
•34
47
34%
"78% 79%
100% 100%
00,296 3<M)Jan.
1,470
4% Feb.
2.050 7l»8Mnr.
10.870 .•>2% Feb.
2,310 115% Feb.
""' 30 Mnr.
987
2.790 22% Feb.
1,705 88 Mar.
8,005 37% Fob.
129 Mar.
2',7'7'8
6%
Feb.
80% May
19
19
1« 83% May
27 01% June
4 128% May
27 36% May
24 27% Jan.
20
IS
27
.1
9%Mnr
10
14
17
2
««%May 7
21 4')% Jan. »
0:138 Jan^ 24
28i 11% May 13
„,
21 11m May 10
8 4l%JiuMl0
89 May 18
,. „
.
4,088 101=8
Feb.
2,946 26% Fob.
016 70 Feb.
68,025 60% Mar.
2.135 112% Apr.
13,190167 Feb. 21
392 110 Feb. 8
23,153 68% Feb. 19
830 15% Jan. 16
600 43% Jan. 13
800 31 Mar. 6
183 92 Feb. 19
25,830 66% Feb. 21
1,910 90 Feb. 17
1,235 18% Jan. 18
900 147 Jan. 2
21,775 xl31% Apr. 2
720 11% Apr. 1
1,011 45 Mar. 26
1,175
8% Apr. 14
67 Jan. 6
1,312 20% Jan. 20
100 96 Jan. 17
3,276 71 Feb 19
310 114 Feb. 20
60
6 Feb. 19
100 22% Mar. 4
1,137 17 Feb. 23
2,907 62 Mar. 1
15,080 104% Jan. 13
807 86 Mar. 8
32,813 82% Feb. 24
7»^ May 20
128% May 2S
May 26
May
98% Jan. 4
18% Feb. 20
117
148
83
Feb. 20
30% May 10
100% May 10
80% June 10
101 May 12
23
25
20 May S
lOOifl IfiOia
Delaware & Hudson
169% 169% 163 168%
178 May 14
Delaware Lackawanna iS West ItoOs 140^4 145=8 14«% 146 147 Id 145% 146% 145% 146
143% 146%
148%
May 10
*18% 19% I918 1918 •18% 19>i 18% 18% 18
Denver & Rio Grande
13
18% 18%
20% May 18
Do
54% 55=8 •5414 55
51% 84% 33% 54
53%
84
pref. '55% 5508
^
May 19
86%
East Tennessee Va. <fe Ga
lOM 10>4 IOI4 IOI4 IOI4 I014 10% 10% 10 * 10% 10
10
11% May 21
•78
•78
'78
78
•79
Do
80
80
80
80
80
1st pref. *78'9 80
81
May 21
•26
Do
26
26% 26
2d pref. •26I4 26% 26% 2618 26I4 26% •26
26%
27% May 21
'117
'115
Evansville ,fe Terre Haute
116 122
116 124
124
120 120
117 122
124
125 May 8
Great Northern, pref
8414 Si's
8313 83I3
85% 83% 85
84% 86
85% 84% 85
86 June 10
'117 117% 117
lUlnoLs Central
116 117
116 117
117 117
'116% 116%
117
120 Jan. 31
.'."'
•10
*10
Iowa Central
Ills •10
11% 10
llJfl •10
11% '10
10
11%
12% May 12
'30I4 31
•3OI4 3t
•30
•30
Do
30
30
31
31
pref. '•29\i 31
33% May 12
,
*19
l8% 19% 18% 18% 19
Iiake Erie & Western
19
lO^s
19% 19% 19
19%
19% May 18
66I2 66I3
Do
67
67
66% 66% 06% 66% 65% 66 =R 66% 66%
nref
68 Jan. 31
take Shore A Mich. Southern 113=8 113^8 113% 114
11314113% 112% 113
112% 113% 112% 113%
111%
June 5
•93
Iions? Island
93
93
94
93
92% 92% 92
92% 92% -92
02
93% May 23
liOuisvUlcit Nashville
89% 90
89% 90% 8913 9018 89% 90% 89% 90
89% 90%
92% May 5
'38
•33
touis. New Alb. & Chioasro .
•38
40
40
41
41
39
39% 39% 39
43
300 33 Juno 2 .>!% Mar. 10
Manhattan Elevated, consol. 113>5i 1131a 11313113% 11414114% 114 115
114 114% 114 114
1,885 100 Jan. 14 117 May 16
Mexican Central
3018 30%
29% 28% 23% 28=8 29
29% 31
30% 30% 29
12,245 17% Feb. 181 31% Juno 4
Michigan Central
103% 103% 104 I0414 '103% 101% 102 103 •101% 102% 102% 102% 1.137 92 Mar. 4 104% June
•92I3 96
•92% 96
•92% 96
Milwaukee Lake Sh. & West! *92ia 96
•92% 96
93
93
50 91% Mar. 3 101 Jan. 23
I""
iiaigiia
113 115
11313115
115 115
115 115
113 114%
110 108 Apr. 8 117 Jan. 23
pref.
„.
7I3
'7
*7
7I9
*7
Minneapolis & St. Louis
714
6% 6% •7
8
8
413
8
5% Mar. 7 8 May 3
*17
•17
-17
Do
19
17% 17% •17
18
19
17
17
19
320 12 Jan, 3 20 May
prof
M8I4 18% I8I4 18% 17% 17% 17% 17% 17% 17% "17
Mo. K. & TeK.. 3(\ ass'nt paid
17% 1,160 9% Apr. 23 18% June 3
Missouri Pacific
74'8 7513
76=8
74% 76% 74% 73% 71% 75% 37.797 69% Apr. Ill 79% May 10
74% 76% 76
'.'.'.'.""
17I2 I8I2 'I7I3 19
•17
•17
Mobile* Ohio
18% •17
18%
18%
13 Jan. 7 18% May 20
103 107
103 107
Kashv.Chattauooffa&St.Ijonis 104 107
104 107
103 107
103 107
102 Jan. 6 105 Apr. 22
New York Cctitrai & Hudson 109% 110 IIOI4III 110% 110% 110 110% 110 110 109=8 110
4,691 106 Fel>. 19 111 Juno 3
•1713 17%
Kew York Chic. & St. Louis.
I713 I7I3
310 16 Feb. 2I1 18% Jan. 27
17% 17% •17% 17% •17% 17% 17% 17=8
Do
'73
3
73
74
610 70 Jan. 7 73 May 9
74
74
73% 73% 73% 73% 73% •73
1st pref.
*39
•40
Do
40%
40%
40%
40%
40%
450
40
40
40
40%
40%
2d prof.
36 Feb. 21 42% May 9
^
JTew York Lake Erie & West'n
28% 28''e 28% 28 13 28
28% 27% 28% 27% 27% 27% 27=8 9,080 23% Apr. 12 29% May 19
•68
Do
68%
59 Mar. 31 69% May 23
pref
Kew York A New England..
48=8 49=6
18
49
4913 50
18% 19% 14,950 43% Jan. 7 .52% May 16
49% 50
49% 50
New York New Hav. & Hart 262 265 262 267 265 267 265 270 265 270 261 266
88 211% Jan. 10 267 June 10
*21i8 211a
New York Ontario & West.
20% 20% 20% 20% 20% 20% 3,233 17% Mar. 11 22% May 20
21
20% 21% 21
8I4
8I4
8I4
•8
•8
•7%
"7% 8%
new Y'ork Susquehan. &, West.
110
8%
8
8
6% Mar. 25 9 May 10
*33
Do
33 14 •33
300 27 Feb. 27 34% May 12
33>2
33% 32% 32%
33% •32% 33% •32
33
pref
233
Norfolk &, Western
23%
010
23% 23% 23% 28%
24
24
24
21
24
24
19% Mar. 28 24% May 6
Do
800 59% Apr. 11 66% May 20
64
63% 63% •63
63%
pref..!!!!!
64% 64% 641a 65
64% 61% 64
„
37I4 37%
Northern Pacific
37% 38=8 38% 39% 37% 39 14 37=8 38% 37% 38% 44,321 30 Jan. 13 39%Jnne 10
Do
85
83
pref.. !!!!!'
84% 85=8 85 14 85=8 84% 8514 83% 81% »83% 81% 10,720 71% Mar. 19 86 May 19
Ohio & Mississippi
400 19% Apr. 11 25% June 6
25=8 230(, •25
24% 21% •21% 25
26
25% •23
OhloSonthcrn
23% •22% 23% 1.025 13% Apr. 17 24 June 6
24
24
23% 23% 23% 23% 22% 22% •22
Oregon Ry & NaviKa'tion'co IO5I4 IO514 101%103i4 104% 105
104% 105
101% 105% 101% 105
1,110 97% Apr. 11 108% Apr. 24
Oregon Sh. L. & Utah North.. 481a 4ai<! 48% 49
512 43 Feb. 29 56 Jan. 2
48% 48% 48% 48% 18% 18%
Oregon & Trans-Continental.
49% 51% 47% 49% 19% 50=8 149,620 33% Jan. 8 82 June 10
49% 50% 49=8 51=8 5II4 52
*21i4 22M •21% 2214
Peoria Decatur & Evansville
750 16% Jan. 17 24 May 3
21% •21
22%
21% 21% 21% 21% 21
Phila.& Read.Vot. Trust. Cert.
4678 47
47% 46% 47 14 46% 47% 46% 47% 84,130 35% Jan. 13 18% May 19
46% 47 14 47
Pittsl). & West., pref.. tr. certs
300 35 Apr. 21 41 May 13
38
38
38
33% 38
36
38% •38
38% •36
38% •36
02 ig 2318
Hiohniond&WestP't Terminal
23% 23% 24% 23% 24% 112.000 20 Feb. 21 29% .May 21
22=8 2414
23% 24% 23
Do
85% 3,100 76 Jan. 18 87% May 21
84
84
84
81% •84% 85% •84% 85% 81% 83% 85
pi-ef
•20
•21
•21
Kio Grande Western
•21
•21
23
23
23
16% Feb. 27 24% May 10
21
23
23
23
2-21 40
•50
•50
51%
Mar. 3 .53% May 14
•49%
49%
51%
51
49%
30
49%
49%
511s
PreK
-^
n
34 104 Feb. 171116% June 12
Borne
Watcrtown & Ogdensb e '115 116
116
116% 116% 116% 116%
115 116
115% 115%
200 115 Jan. 7il30%May 13
St. Louis Alton & T. H prcf
i'2'5" 125
125 125
125 130
130 •125 130
125 130
1
er. L. Ark. & Tex., trust roc.
14% 1,328 12% May 6 14% May 9
1418 14>a
14% 14% •14% I414 14% 11% 14% 11% •14
105 16 Jan. 11 36% May 19
36
Dt. Louis & San Francisco
34% 34% •35
•3513 361s
34% 34%
263 36% Jan. 27 67 May 19
Do
68
63
64% 61% «5% 65%
65
65
65
63% 66
pref.
•06
110 87% Fob. 11 106% May 18
•97
100
Do
99
*97ia
99
100
97
98
98
97
ist
pref.
o^ „
Bt. Paul Si Duluth, com .......
38% 1,100 31% Jan. 18 38% May 26
•38
36% 37% 37% 37% 38
38
36
37
100 82% Jan. 18l 97 May 26
96
96
Do
*94
100
pref
1,141)110 Apr. 12 115 Jan. 9
Bt Paul Minn. & Manitoba
>112 113
112=8 II314 113% 113% 113% 113% 113% 114
112 114
Southern PacllieCo..
35
35% 3,100 29% Mar. 5 37% Apr. 22
33
34% 35
3o% 33
3318 35%
35
35% 33
Teias & Pacific
22% e.IlO 19% Apr. 12 21% May 20
22% 21% 22%, 22
22=8 22%
22% 22% 22% 22% 22
Tol. Ann Arbor i N. M
42 14 42
4II3 41=8
42% 41% 41% 41% 42% 4.730' 30% Jan. 4! 42% June 13
41% 42% 42
66
66% 48,3^5 61% Apr. 7 68% Jan. 23
tInionPacinc
67
66=8 67%
66% 67V 66% 66% 63
6714 67=8
1.615 31% June 12 38% May 8
Union Pacific Denver & Gulf' 35% 3614 35% 33% 3i% 33% •33
34% 35
35
35
36
2.560 12 Feb. 25 15 May 13
waba.sh
I3I4 1314
'13
13% 13% 13% 13% 12% 13%' 12% 13
14
29I3
5,272
28%!
27%
23 Apr 111 31% May 14
Do
as
29%
29%
28%
27%
29
2913
29
29%
' pref
Wheeling* Lake Erie........ 39% 40=8 40
40=8
39% 40% 39% 40% 39% 40% 6.060 30% Jan. 11' 42% May 19
40% 40
2.630
Do
67 Feb. 24l 79% Hay 20
78
77%
77%
78%
77%
77%
78%
78
78
do
79%
78
7858
pref.
_.,
31I4 31%
31i« 3II3
Wisconsin Central Co
31
30% 30%' 29% 30% 2,835 28 Feb. 171 30% Jan. 10
31% 31% 30
iniscellaneoiia Stocks.'
3,662 24 Feb. 21' 31% May 19
Amor. Cot. Oil Trust receipts.
3II4
31% 30% 30% 30% 31
31% 31% 31% 32% •31
31
Chicago Gas Co
88,785 41%Mur. 13 63 May 15
61% 53% 52% 53%, 52% 54
53=8 55%
53 14 55% 54% 56
13.510 68 Feb. 20 85% June 9
Citizens' Gas Co., of Brooklyn
85
81% 81% 81% 85%' 85
85
85% 81% 85
841a 854
Colorado Coal A Iron
53% 52% 53% .53% 53% 7,300 39% Jan. 2 51% June 6
5314 53%
53% 54% 53=8 51% 53
29I3 30
Columbus & Hocking Coal
31
30% 31% 31% 32% 5.970 15 Jan. 10 32% June 13
30
31% 31% 31% 30
3.-260 92
Jan. 2 107% May 16
Consolidated Gas Co.
101 102%
lOii
102% 102 102% 102% 102% 102% 102% 102 102
47%i 46
Distilling & Cattle F. Co..!""
47%| 12,360 36% Mar. 4 43% May 24
17% 47
48
43% 47% 46
46% 47I4 47
31b
May 21
Feb. 1119
92%
Edison General Electric.
118
117%
II8I4
118
118
118
11814
118 118
Laclede Gas (.St. Loui.s)
24
23% 24
22% 22%; 1,100 13 Apr. 11 28% May 14
•2314 24
23% 21% 23% 23% 23
21%'
.May
15
21
15,410
16%
Feb.
21%
National Lead Trust
21%'
22%
21%
21%
21%
21%
2214
21%
21%
21% 22
•49
111) 43% Mar. 12 51
May 13
Oregon Improvement Co
50
•48
50
•49
51% 51% 49% 49% •48
50
51
28
27
16%
May
•48%
5,548
36%
Feb.
Pacific Mail
44
44%
44%
43%
44
43%
44%
44%
44%
44% 44%
86I4 87%
Pipe Line Certificates i .. ..'
86
91% 89% 91% 88% 91% 88% 90%' 89% 91% 3,607, 00a 79% Apr. 8 108% Jan. 21
Pullman Palace Car Co
208 203
205% 206% 7,212 187 Feb. 23 207 June 10
205 206
20014 200% 201 206% 205% 207
97 % Jan. 31 107 Apr. 25
Silver Bullion Certificates....! 105
104 105
101% 108
104 103
IO6I4 105% 106
105% 106
Sagar Keflnorics Co
83
85% 239,031 50 Jan. 10 95 May 21
83
83%
88
82
84%
82
80%
82%
78% 81
51
51% 81% 82% 2,000 13% Mar. 17 89 Jan. 7
Tennessee Coal & Iron
52
51% 52% 51% 82
51
51% 52
220 96 Mar. 18 119 Jan. 27
Do
101 101
104 104
99
do
09
pref.
„
520 18% Apr.
21 23% May 20
22
Texas & Pacific Land Trust., •21% 22
22% •23
22% 22
22% 22% •21% 22% 22
^
May 14
x81%Mar.
—
5,153
20. 87
western
•"-' •' Union
85%
>j..^^j
—
•
%j«j
%j.^.w
85%
w Ma
mini Telegraph
~^
«jv*"»
ui^
85%
tjir
85%
88%
w»j
85%
88%
85%!
j.
^ii.'^a 4>|fii
8.5%
CJ'f
85%
85%
-»
j
m
-m
a
85%
at^^»
* These ore the prices bid and asked
no sale made at the Board. J Prices from both Exchanges. 1 Lowest la ex dividend.
prof.
ColumbiisHockiniBrVal. &T0I.
'24% 25>s
24% 25
25
,
.
'
'
8
. .
,
;
'
I
"
.
,
'
I
I
"-^
.
w
. . .
;
w
'-'"•
I
THE CHRONICLR
828
INACTITE STOCKS—Onotations
Bid.
Ask.
Bid.
continaed.
Bid.
Ask.
I
ii
D.
Alb'ny&Sasq. :i75
Buff. K.& Pitta.
do.
pref.
Burl.C.R.&No.
Ced. F. & Minn.
Cin.W.&B.Tstr
do.
C1.&
40
35
77 >« 80
pref
do.
H0U8.<SiTex.C.
liLCleasedl's.
35
Keok.iSeDesH.
Col.&Grc'n.pf.
D88 M. & Ft. D.
[
28
3^
2>2
4%
J
pref.
Pitts.i?u..
M.&F. Dpf
155
33
7
22
5
do.
23« KlDgs.
pref.
& Feral)
96
6
12
14
:
t
L. c.
pref.
do,
Mall. C. K'y, pf.
Mar.H.ifc Oiit'n!
100
I
M.H.&0.,pret.
N. Y.&Nor.pf.l
155
&W.tr.re
27
Renns. & Sara. 182
Pitts.
I
!
15'
Range
Closing.
I
87
69
86''9
Mar.
68 14
54ie Feb
20 12
12 Jan.
Atl. * i-ac.— W. 1). mc., 6s,
81 b, 7012 Feb.
^IH
tiuar.. 48, 1937
"4
1908
10934
109
107 Jan.
Can boutU.— 1st guar., 5s,
9912b 97 Mar.
100
2d, 5b, 1913
Central of N. J.— Cons. 78, 1899 118 b. 11914b llSiaMay
I2412 Jan.
Couvert. 7s. 1902
il2'8b' 113
110>4Jan.
General mort., OS, 1987
Mar.
Leli.& W.B..cou.78,1900.as'nt 113 b. 114l2t, 113
103»4 103 b 102 May
do. Mortitage, Ss, 191 2
I07I2 Jan.
109 %b.
Am. Dock & Imp., 5s, 1921
ii'Ssti)' 112
II512
Jan.
Central Pacitlc— Gold tis, 1898
101 b. lOliflb 10014 Apr.
Land gi-aut Us, 1890
11.7 a. 117'sa, llSiaJan.
Cbea. A; Ohio.— .Mort. 63,1911
101 14
lOlifl
9978 May
1st COU80I. 59, 1939
72 12
69 12 -Mar.
E. & A. Div.,lst con.,2-4, 1989 72 la
75%b. 76
6712 Apr.
2d con., 3-4, 1989
112 a. 111 b 108 Mar.
Ches. O. & So. W.-68, 1911...
126 b. 127 b 126 Jan.
Cliic. Burl. & Q.-Con. 7, 1903
10212b 10214 May
103
Debentuie58,1913
9414b. 94%b 927e Feb.
Denver Division, 48, 1922
9168b 911a May
Nebraska Extension 43, 1937. 92
I15iab 1161a Feb.
Cbic. & E. 111.— 1st, 8. f., 6s, 1907
II8I4
118 b 116 Apr.
Consol. 6s, 1934
97 's
98
95 Feb.
General consol. 1st, 5s, 1937
Cbic. Gas. L. &
1st, g,os,1937 96 14 b. 96120,
90% Jan.
Cbic Mil. & St. P.— Con. 78, 1905 129>a 129 b 12458 Jan.
11612b II312 Mar.
Ist, SoutbwestDiv.—68, 1909. 116%
113 Jan.
1st, So. Min. Div.— 68, 1910 .. 116%b. 117
Ist.Cb.&Pac.W'.Div.— 5s,1921 108 b. 10836b 105% Jan.
IO312
102 14 Jan.
Chlo. &Mo. Hiv. L)iv.— 5s,1926 103
Wis. & Minn. Div.— 58, 1921 .. 104 =8b. 104%b 103 Jan.
IO513 105%
Terminal 5s, 1914
103 Mar.
9536b 9414 May
Gen; M.. 4s.. series A.... 1989 94%
19lo
14114b
Consol.
14H2b.
78,
Cbic & N. W.—
141 May
125 b. 125 b xl24%J'ne
Coupon, gold, 78, 1902
b
116
1
929
Binlimg fund 63,
llOHb.
114 Apr.
107 12 10712b 10614 Apr.
Sinking iuud 58, 1929
Smiting lund debent. Ss, 1933 108i«b. 108 i2b 109 Jan.
25-year debenture 5s, 1909.. lOoHib. 10512b 104% May
100 b 96 Jan.
Extentiou4s. 1926
98 b 91% Jan.
Chic. Peo. & St. L.— Gld.Ss, 1928 99
Cbic. U.I. &Pac.—68,coup.,1917 130 b. 13012b, 129 14 Jan.
Extension & col. 5s, 1934
106
105% 104 % Jan.
Ch.St.i,.& Pitt.— lst,con.53, 193;:
100 Jan.
I19i6b xll9 June
Chic. St, P. M & O. -Con.63,1930 119=8
Cleve. & Canton— Ist, 5s, 1917. 96%
96
91 AJ ay
C. C. C. & I.— Consol. 7s, 1914. 130 I). *.30 b 132% Mar.
General consol. 6s. 1934
I:i4 b. Vib a, 117i4Feb.
Col. Coal & Iron— 1st 6b, 1900.. 104 b. 105
103 Mar.
84I2
CoI.H.Val. &T0I.— Con.53, 1931 83%
73 Mar.
General gold. Us, 1904
84%
86
73 Mar.
Denver & Kio Gr.— 1st, 7b, 190U 1161.2b. 117 J> 117% May
83I4
l8t consol. 48,1936
84 b, 76% Jan.
Det. B. C. & Alp.— lst.g.,6s, 191a 100 a. 95 b, 99
Mar.
Det. Mac. & M.— Ld.gr.3 ^28, 1911 37i-.b. 38'8a. 35 Mar.
Dul. & Iron Kan ge— 1st, Ss, 1937 100 b. 100 l2b 100 May
Oul. 80. Sb.& Atl.— g., 58, 1937. 100 laa.
92 Jan.
S. Tenn. V. & G.— Con., 6s, 1950 105%
106
103% Jan.
Knox V. & O lst,63,gold,1925 Ill's no b 108 % Jan.
Eliz. Lex. (ScBigSau.— Us, 1902. 94%
9412
90% Apr.
St. W. & Denv.
1st, 6s, 1921 lOUia
106% 103% Feb.
Gal H.&SanAut.— \V.Div.l8t,5s 92i«b. 94
93 May
Han. & St. Jos.— Cons. 68, 1911. 110
115 b. 116 June
Illinois Central— 48
951i 100 lab.
IOOI4 Apr.
Int. & Gt. No.— Ist, Us, gold, 1919 114ieb. 115
IO914 Jan.
Coupon, Us, 1909, trust rec.
SU^ab. 8738b, 7314 Jan.
Iowa Central— 1st os, 1938.
88«8
88 b, 85 Jan.
Kentucky Cent.— Gold 4, 1987.. 84 '4b 8.0 38
83% Apr.
KingsCo.El.—l8t,ser.A, 58,1925 104%
104 lab. 103% Mar.
Laclede Gas— 1st, 5s
1919 83 H
84b.
81 Mar.
L. Erie & West.— Ist, g., 08, 1937 112'va. 112iaa. 109
Apr.
Lake 8hore.-Con.cp.,lst,7s,190t
129 a. 124 Jan.
Consol. coup.. 2d, 78, 1903
123 b. 12214 b 123% Jan.
I<ong Island— Ist, con., 5s, 1931 114'ab. 114 b. 115 June
General mort., 48. 1938
94%
94 June
Xioulsv. & Nashv.— Con., 78, 1898 lluifib. 11614b. 115
Jan.
N. O. & Mob.— Ist, 68, 1930.
120 12
i;;o b. II514 Jan.
do.
2d, 68, 1930
11214b 112 b. 106 Jan.
E. H. &N.— Ist, 68, 1919....
11314b. 1 1312b. 113 Jan.
General. 68, 1930
114 b 11514b. 113 Jan.
60-year 5s, 1937
109 b. 105% Jan.
Collat. trust 58, 1931
10512b. 104 b. 104% Jan.
Louis. N. A. &Ch.-l8t, 68, 1910 118 b. 12012a. 114% Jan.
Consol., gold, 68, 1916
101
101
95% Apr.
Loul8.St.L.&Tex.,l3tg.6s.l917 98 b. lO'O
9714 Feb.
Metro. Elevated— 1st, 6s, 1908. II6I2 llO's 112 Jan.
2d, 68, 1899
106 14b. 106 b. 10578 Feb.
Mlcb. Cent.— Ist, con., 7e, 1902 126120. 125 b. li!5 May
Consol., 58, 1902
11512a. 110
May
MU. Lake Sh. & W.— Ist, 6s, 1921 119%b. 11958 119% JuneConv. debenture, 5s, 1907
lu2i-2b. lOO^s Apr.
Exten. <& Imp. s.f., 58, 1929
WiHa.. 10234b. 101 Jan.
Mllw. U North.- .M. L., 68, 1910 109 12 110 b. 109% June
lBt,Con.,U8, 1913
lOOSsb. 110 b. 108% Feb.
Mo.K.&T.— Ncw48, when Issued 81iii
81%
75% Mar.
New 2d 58, when issued.
53 la
541a
43% Ap:-.
Consol., 6b, 19-'0, trust rec.
88I4
87
72% Jan.
Consol., 58, 1920, trust rec. ... 76
7512b. 61% Jan
Con., 7b, 1904-5-6
116 b. 116 b. 110% Jan.
Mo. Pacitlc— Ist, con., bs, 1920 109 i,b. 109 Sgb. 109 May
Sd, 78, 1906
116 b: 117 a. 1 14% Jan.
Pac. of Mo.— Ist, ext., 4s, '1938 091.2b. 99 b. 9834 Jan.
2dmort.,7», 1891
10278b. 103 b. 10114 Jan
Mobile & Ohio- New, Us, 1927
115 a. 113 b. 114 June
Geiicritl tnovt.. Ah. IW.iA
ii2
h n-Ji.,b. 5714 Jan.
1910
2II4
-
"
. .
.
C—
.
—
C—
1
.
.
.
'
HOTB—The
.iT N. Y.
letter
"b"
indicates price
90
7
&
Ask.
Bid.
66
O. Cent.
pref.
do.
,Tol.
Laclede Oas.pf
biit,
{
Ask.
110
100
122
128
113%
116
105
110
.
!
i
I
I
Homes. Min'g.
11
Uutnal Un. Tel.— 8.
Feb.
Jan.
Jan.
Feb.
Apr.
Jan.
Apr.
Feb.
June
May
May
.
94 14 Apr.
Jan.
98% May
103% June
June
105% June
105
108%
June
99% June
132 May
IO6I4 June
104% Mar.
123% May
97
135
Jan.
Feb.
. .
125% May
108
Jan.
84% June
88i4May
119
Feb.
83% June
100
Jan.
39% May
102% Mar.
May
101
108
112
io4
Apr.
Mar.
Jan.
110
May
I
95%
Apr.
Feb.
10214 Mar.
121
116% May
89 May
May
85% June
91
105
89
Jan.
May
112% June
t
May
May
117% May
128
128
99
Jan.
119% Mar.
121% May
110% Feb.
116% Miiy
ll6%iMav
IO914 June
110
119
105
101
t
Feb.
Feb.
Jan.
Jan.
117
May
110
129
Ajir.
Apr.
.
Apr.
104% Jan.
IO514 Jan.
113% May
113i4May
82
June
557a
8838
May
May
I
76% .Tune
May
11638
113
120
Apr.
Apr.
101% Jan.
103
117
j
I
Mar.
Apr.
*!->% .Jan.
and "a" price asked;
1
!
111% Mar.
125
. . .
.
May
101
&
.
Apr.
Jan.
Feb.
Feb.
Apr.
Feb.
112
May 103%
. .
11838 Apr.
109 May
110%
100
. .
129% May
116% June
129
117
Highest.
Lowest.
100 b,
131%b.
108 %b.
10l%b.
189«,
1
118% June
121% Jan.
144
1,
since Jan. 1.
;
10573 Apr.
95 Jan.
96%
Range
June eiJunel'S
6s, 1911
St. L.— 1st, 7s, 1913
f.,
Consol. OS, 1928
113% Jan.
100
11»4
Apr.
132 14 Jan. 133 Jan.
10634 Jan. 111
May
N. "i;. Central— Extend., 58, 1893
10138 May 10468 Apr.
N. Y. C. i: H.— Ist, cp., 7s, 1 903
13014b. '13014 Jan. 132
May
Deb'nt're, ds, coup., '84, 1904 liaiib. Ill b. 110
Mar. 113% May
N.Y.& Uarloin— lst,7s,reg.,1900
124% May 128 Apr.
N. Y. Chic. & St. L.— Ist, 48, 1937 93%
94
97 Jan.
93 May
N. Y. Elevated- 1st, 7b, 1906... 116 b. 117
113 Mar. 117 June
N. Y. Lack. & W.-lst, Us, 1921. 134
133 b 1132% Jan. 134% Apr.
IVZ a, 111% Feb. 112 May
Cons'.ruction, 5s, 1923
N.Y. L.E. A- W.— lst,con.7s,1920 134
135 b 134% Apr. 139% Jan,
106%b.
Long Dock, 78, 1893
107%b 107 June IIOI4 Mar.
120 a.
Coiisol. Us, 1935
119 May 122% Jan.
10414
2d consol. Us, 19U9
105
9838 Mar. 107 May
N. Y. Out. & W.-lst, 68, 1914.. 112%
112 b. 11038 Mar. 113% Feb.
Consol. 1st, g. 5s, 1939
97%b. 98
96 Mar. 101 May
N. Y. Sus. & \V.— 1st ref., 5a, 1937 10078
100%b 96% Apr. 101 May
Midland of N. J.— 1st, 6s, 1910
114 b. 113 Apr. 118 Feb.
9«i4
Norf & W.— 1 00-year 58
1990 97%
95 Mar.
98% June
North. Pac— 1st, coup.. Us, 1921 118
118 b. 113% Jan. 118% June
11214b.
General, 2d, coup., 1933
110% Apr. 114% Feb.
IIOI4
no b. IO914 Jan. 113% May
General, 3d, coup. 68, 1937
North Pac.JcMon.— 1 St, 68, 193? 109%b. 109%!.. 10414 Mar. 110% Apr.
No. Pac Ter. Co.— Ist, Us, 1933. 11214^ 11314a 106 Jan. 113 May
Ohio & Mias.- Consol., 78, 1898. 116%b. 116%b. 11408 Feb. 116% May
Ohio Southern- Ist, 6s, 1921
107% 106^2 June 111% May
Gen. mort., 4s, 1921
67
67
68 May
59 Apr.
Omaha & St. L.— Ist, 4s, 1937.. 77%b. 78%b. 73% Jan. 78 June
Oregon Imp. Co.— Ist, 6s, 1910. 10314b. 103%b. 101% Jan. 106 May
Ore. R. &Nav. Co.— Ist, 6s, 190b 110%b. Ill
109 Feb. 113 Jan.
101% 101 %a. 10 IH June 104% Mar.
Consol., 58, 1925
Oregon ATranscon' 1—68, 1922. 105% 106
10334 Jau. 107% Apr.
Penn. Co.— 4%s, coupon, 1921
109
108% Jan. 110i4Mar.
Peo.Dec. & Evans.— lst,U.3,192u 107"
107%b. 101 Jau. 109 Apr.
Evansv. Div.— 1st, Us, 1920. 105 b. 104 b. 100 Mar. 100% Mar.
70
2d mort., 53. 192U
70 b. 66 Mar.
74 May
Peoria & East, consol. Is, 1940.
85
85 June 85 June
Phila. d£ Read.- Gen. 48, 1958..
8578
85%
80% Mar. 87 Jan.
1st pref. income 5s, 1958
74%
74
80% Jan.
62 Mar.
57 14
2d pref. income 5s, 1958
58
43% Mar. 58% May
46%
46
b.
3d pref. income 5s, 1958
36 Mar. 49 Jan.
82 14
Pittsb. & West.— 1st, g., 4s, 1917
81%
83 May
80 Feb.
Rich, i Dauv.— Con., 63, 1915 .. 117%
117% 115% Jau. 118 May
Cousol. gold, 5s, 1936
92b.
93
87% Apr. 94 June
Rich.& W.P.Ter.— Trust Us, 1897 101
101%
98% Mar, 103 Jan.
Con. lst& col. trust, 5s, 19U 78
83 May
78
77 Mar.
Rio G. Western— Ist, 48. .1939 77%
77%
78 May
6978 Mar.
K.W. &Ogd.— Con., ext,58, 192v 108 -4 b. 109 b. 107% Apr. 11214 Mar.
St. Jos. & Gr. IsL— 1st, 6s, 1925. 10U%a
10434 Jan. 107% Apr.
112i4Mar.
St. L. Alt. & T. H.— Ist, 78, 1891 11214 b. 113" b. 110% Jau.
108 b. 104%b. J 05% May Ill Jan.
2d, mort., pref., 78, 1 894
9314
8t.L.Ai'k.,S;Tex.— Ist.Ub, t'st.rec. 93%
S6% Mar. 9838 May
3238 May
2d, 6s, 1930, tr. rec.allass.pd.
28 May
St. L. & Iron Mt.— 1st, 7.s, 1892. id4%b! i04%bl 104
Feb. 108 Jan.
10714 b. 109 b. 106 May 109 14 Feb.
2d mort., 78, 1897
10314b. 100% Jan. 103% June
Cairo & Fulton— 1st, 7s, 1891. 103 14
Cairo Ark. &Te.x.— 1.81,73,1897 104%b. ;104 b. 102n8 Jan. 107 May
95 14 May
93
Gen. R'y <t laud gr., 5s, 1931
94%
88 Jau.
June
St. L. & San Fr.— 6s, CI. A, 1901 114 b. ill3%b. II214 Feb. 1 1 5
114 b. 114 b. 112 May 115 Apr.
6s, Class B, 1906
H4%b. 113%b. 112 May 114% Apr.
6s, Class C, 1906
General luorl., 68, 1931
114%b.
IO914 Feb. 1 1 5 June
Mar.
b. liVs'b. 1177^ Feb.
1 20
8. P. M. & M.— Dak.Ext.,68, 1911, 118
118 b. !ll8i4 115% Jan. 120 Jan.
let consol., 6s, 1933
Do
reduced to 4%s ... 10214b 102 b. ItO Feb. 102% Feb.
MoutanaExt. 1st, 48, 1937 ... 90 a. 90 b. 86% Jan.
91% May
88% June
San A.&Aian P.— l8t,g.,6s,191t 8S%a. 87%
85 Jan.
8978 .Tune
gold.
89
1st,
Us 1926
80%
8534 Jan.
Shen. Val.— 1st, 7s, 1909, Tr. rec. 12514
125%b. 113%Jan. 12569 June
6OI4 June
General 6s, 1921, Trust rec... 60
59 b. 48 Jan.
80. Car.— 1st, Us, 1920, ex coup. 99 b. 100
96 Jan. 100% May
11
Income, Us, 1931
ll%b.
7% Jan. 1 2 .May
80. Pac, Ariz.— 1st, 6s, 1909-10. 106%b. il06%b 105% Feb. 107% June
So. Pac, Gal.- Ist, 68, 1905-12.. 114 b. !n4 b. 112
Apr. 115 Jan.
100 b. 101% 100% Ai>r. 10338 Mar.
1st, consol., gold, 5s, 1938
il07
b. 107
So. Pac, N. M.— Ist, 6b, 1911 ...
Jan. 1077g May
Penn. C. I. & Ry.— Ten. D., Ist, 6s 96 %b 97 b. 96% Apr. 104% Jan.
Birm. Div., 1st, 68, 1917
101% 101
98% Jan. 103% Jan.
92=8
96% May
Tex. & Pac— Ist, gold, 58, 2000 82%
.9068 Jan.
44
43
45% May
2d, gold, income, 5a, 2000
37 % Apr.
103%b. 102 May 107% Jan.
ToL A. A. & N. M.— Ist, 6s, 1924 104
Tol. A. A.& Gr. Tr.— Ist, 68, 1921 109 b, 110%b. 107
Jan. 110% Jan.
Tol. & Ohio Cent.— Ist, 5s, 1935 106
106 b. 102 Jan. 106% Jun«
80% May
Tol. Peo. & West.— 1st, 4s, 1917.. 7914 b. 797eb. 76
Jan.
rol. St. L. & Kan.C— lst,69,1910
98%
98 b. 97% June 01 Jan.
Onion Pacihc- 1 st, 63, 1899 .... 116%b. ill6%b. 115 Jan. 11 S% Mar.
11234
Sinking fund, 88, 1893
113 b. 112% Mar. 16% Feb.
Jan.
1 u
Kansas PaciUc— Ist, 68, 1895 111 b. Ull b. 110% May
1st, 63, 1896
10914b. 1109%b. 110 Jau. ^lt(% Mar.
Denver Div.— 6s, 1899
113 b. 113 b. 113 Jau. 117% Mar.
•1st oousol., 63, 1919
113%b. 114%b. II314 June 118 Mar.
Oreg. ShortLiue— l8t,6s, 1922 114% 1113 b. 112% Mar. II0I4 Jan.
95 14 Jan.
Or.fe.L.i;UtahN.— Cou.58,1919 94 b, Si 4 14b. 92.% Apr.
Union Eleva.— Ist, gu. Us, 1937 107% 107% 110014 May 10938 Apr.
8m % Apr
Mid.—
Virginia
Gen. m., 5s, 1936 86
85 %b. 85 Mar.
do
stamped guar. 8838
87%b. 87 Mar. 00 Apr.
106
10238
10178 May
14 A^pr.
Wabash— 1st, gohl, 5s, 1939
102%
8OI4 Feb.
86% Jan.
8234b. 83
2d mort.. ggld. Ss, 1939
May
57
Dcbenl. M., series B, 1939... 5378b. 52
47 Mar.
IO6I4
106 b. 104 14 Jan. 10U»8 June
West Shore— Guar., 4s
102
June
14
West N. Y. & Pa.-lst, 5, 1937. 102 b. 101 b. 92>4 Jan.
40 -May
2d mort., 3g., 58C.,1927
38%
29 Jan.
38%
West. Uu. Tel.— Col. tr., Ss, 193>: 101%
10138b. 9i)
Mar. 102% Jan.
Wheel. & Lake E.— Ist. 5s. 1926 106%
107 b. 102% Apr. 106% May
Wis. Cent. Co. -1st. g.. Ss,1937. IOOI4
100 b. 9078 Jan. 10414 Apr.
(ncouif. 5s. 1937
S-l
69 Jan.
b;
58 a. ')5%Mar
Nash. Ch.
116% Mar.
10278 Mar.
Feb.
103% Apr.
128
;
STOCK EXCH.4N&E. A.NB BANOE SINCE JAN.
Bailboad and Miscel. Bonds.
118
73
77
;
Amcr. Expr. J116
Brunswick Co. } 31»8 31 '8
3
Ph.Nat.GasCo.!
26 "2 Cameron Coal.
Commer. Cable 104 106 iQuicksilv'rMg. ; 814
43ia
do.
Consol.CoalCo.
26
pref.
41
28
28.
Hack'ns'kWat. 100
[U.S. Express.. : 71'2
190
pref. 102 12
WeUsF.&Co.E.' 145 ^150
45
do.
20>fl
Jliffhest.
88 May
7014 May
24 14 May
82% May
69
I
iMary'd. Coal..
13
15
iMinn. Iron.... J 87
New Cent. Coal J Ilia'
Ontario Silver J 45
Penn. Coal. ...I 290 310
Closing.
since Jan. 1.
Lowest.
8'ti8
38
3
St.L.Alt.<kT.H.
South Car. K'y
MI8CEL. BONUS.
At.Top.&S.Fe.-10<J-y'r 48,1989
1989
100-yeav income Ds
7^8
24
Pitts.Ft.W.i&C
18
114
10
June 6;J«nel3
20>4'
do. pf. cort.l
BONUS - LVIEST PRICES OP ACTIFE BO.VDS
BMUtOAD AND
87>«
OUioInd.&W'n;;
29
60
5H L.E.&St.
35
30
TBid^
ii
8313 89
BJai
34\ 35 J4 Mex. Nat. cert.
60
53% 56
Mllw. & North.
Va. Midland...
101 Hi 103
4
5^ Morris & Esse x;itl53 Is 15319: Adams Expr.. 150 155
iFliut&P.M...
BelUESo.Ill.pf 120
B08.AlrLiiie,pf 105
Indicates actual sales.)
Ask.
I
'
rvoL. L.
I
I
all
other prices aud the range aie from actual sale;
"x"
ex-iuterest.
June
THE CHRONICLE.
14, 1890.]
829
BONDS-STOCK EXCHAXQE qUOTATIONS ON FBIDAf UF THE LESS ACTITE BAILBOAD B0ND8.
SECURITIES.
Railroad Bonds.
Pnc—
Atl. &
adW. D.,KU.«S,.1907
Bait. & Ohio— l8t, 68, Park B.1919
5s, pold
19a5
Cons, mort., KOld, 58
1988
Beech Creek— l8t, Kold, 48. . . .1936
Boat. H. Tun.
Deb. 58.1913
BrooklyB Elev.— l8t, g., 68. ..1924
& W.—
1915
Rooh. & Pitts.— Gen., 58.1937
Roch. & Pltt«.— 1 8t, 68
1921
do
C()n8olldat'dl8t,6s.l922
Burl Ced. Rap. & No.— Ist, 58.1906
Consol. & eoUat. tru8t, 5S...1934
Mlnu. & St. L.— l8t, 78, ffU..1927
Iowa C. & West.— l8t, 78.
1909
Ced. Rap. I. F. & N., l8t, 68.1920
1st, 5s
1921
Central Ohio Rcor.— Ist, 4J28.1930
Col.A- Cni.Mld
l8t,ex.4i.i8.1030
Cent. RR. ..t Bank.— Col. K.5<. 1937
Butt.
. . .
—
Sav.&WfSt.- istcon.(;td.5s.l9.;9
Cent, of N. ,1.— Couv. dil)., (is. 190;^
Central Pact lie— Gold bds, 68, 1893
Gold bonds, 68
1896
Gold bonds, 6s
1897|
San Joaquin Br., 68
19001
Cal.
AOroeon— Ser.B.6s...l892
,
92
85
.
!>3'2
100 la
94 14
i
•117
111
112%
11341
111
'100
;
1091a
1st, eousol., 7s
109 12
115
115
105
2d, 68
&
7s
D. Extension, 78.
. .
1899
1903
1908
1919
1910
1910
l8t,LaC. &Dav.,5s
l8t, H. & D.,78
1st, H. & D.,5s
Chicago & Paclflc Div., 6s. .1910
Mineral Point Div. 5s
1910
C. & L. Sup. Div., 58
1921
Fargo & South., 6s, As.su...l924
Inc. conv. sink, fund, 5s.. ..1916
Dakota &Gt. South., 5s
1916
Ohio.&Nor.— K.sc.&L.8.,l8t,68.1901
Dcs M. & Minn.— 1st, 78.... 1907
Iowa Midland— 1st, 88
1900
Peninsula— 1st, conv., 7s...lM)8
Chic. ^ Milwaukee— 1st, 78.1898
Win. & St. P.— 2d, 78
1907
Memp Div., 1st g. 4s
Dub. & S. C— 2d Div., 78
C— Ist, 6s
1919
1919
1932
f., 78.1905
2d, gold, 4'23
1937
Cin. I. St. L.& Chic— l8t,g.,48. 1936
Consol., 68
1920
Cin. Jack. & Mac— Ist, g., 5s. 1936
C. r.C. & St. L., Cairo div.-48, 1939
CLCol. Cin. & Ind.— lat, 78,8.f.l899
Consol. sink, fund, 7s
1914
Clevc. & Mah. V.— Gold, 5s... 1938
Colorado Midland— 1st, g., 6s.l936
Columbia* Green.— 1st, 6s... 1916
2d, 6s
1926
&
W. lud.— 1st,
8. f.,
ilOO
lOOM
100
91
C—
I,
'
1
j
1
116%
104 14
104
I
1
;
. .
A
Pitts. Palnsv.
F.— Ist, Sa...l016
Pitts. Y.
Ash.— Consol. 68.. 1927
Preac't
Ariz. Cent, lat, 6s,g. 1916 •
A
12OI2
1951 115
95
1951
.1894
.
,
A
llOO
'
2d Income, 6s
19 16 •
A Dan v.— Debenture 68. 1927 103
Equip. M. 8. f..g.. 58
1900 •85
Atl. A Char.— Ist, pref., 78. 1 897
1
961s! Rich.
j
12Lia
.ong lalunci— 1st, 7s
St. Louis A Chic— 1st, eon. 6s. 1927'
1898 11714
N. Y. & R'way B.— l3t. g. 58. 1927
St.L. A I. M.— Ark. Br.,l3t, 78.1805' 1051s
"32"
St. Lou A S.Fran.— Equip., 7s,1895 101 la
2dmortg., Inc
1927
General 5s
N. Y. & M. Beach— lat, 7s .. 1 897
1931 101
lOOia
1987- 90
1st, trust, gold, ,5s
N. Y. B. & M. B.— Ist, g., 58.1935'
Kan. City A 8.— Ist, 68, g...l01()'
Brooklyn &Mout.—lsf, 63.. 19111
Ft. S. A V. B. Bg.— Ist, 6s. ..1910; 105
Ist, 5.S
1911 *108i3 112
Paul A Duluth— l9t, 58. ... 1 931
2d mortgage 58
1917'
9t. Paul Minn A M.— 1st, 78.. 1900
2d mort., 6s
1909
Minneap. Union— 1 st, 68.
1922
Mont. Cen.— 1st, guar., 6s..l937i
Suiithtown&Pt.Jeff.— lst,78 1901
Louis.Evans.&St.L.—Con.5s.l939i
St.
1
89
101%! Louis. A Nash.— Cecil. Br, 78.1907 'HI
Pensacola Division, Gs
1920, HI
118
St. Louis Division, 1st, 6s.
1 921
1-25
1980* 68
2d, 3s
120
Nashv. & Decatur— 1 st, 78. 1000 H9
119i«
1910' 105
S. f.,68.—8. & N. Ala
134
10-40, gold, 6s
1924 104
113
122
.
.
112
104
113
98
'....„
i^«
it 7%'
Scioto Valley A N. E.— lsl,4s,1990l
8*
Pens. A At.- 1st, 6s, gold... 1021; IO8I2 lOOk Shenandoah Valley— Inc., 6». 1923
Sodus Bay A So.— Ist, .53, g...19'i4
Nash. Flor. A S. 1st gu. 58.,1937 102% 103
1930'
iSoulh Carolina 2d, Os
1931 .:::::: eo'
So.
Ala.— v'ou. 58
86
'So. Pac tloast-lst. guar., 48. 1937
Louisv. South.— 1st, g. 68 ....1917
48
liTexas Central— Ist.s. f., 78. ..1909
Lou. N. O. A Tex.- 1st, is.. ..19341 90
40
Ist luortOTge, 7s
1911 • 47^1
2dmort.,58
1934
TexasANcw Orlcan.s- lst,7s.l905
Memphis A Q.harl.— (is, gold. .1924'
Sabine Division, Ist. 6s
1912 iiiiisi
Mexican National— 1st, g., 68. 1927 92isj
52% Tex. A Pao.. E. Div.— Ist, 63.1905 1081s'
2d, income, 6s, "A"
1917 52
Third Avenue (.V.Y).— 1st 5s, 1937 lis
1917 15
2d, Income, 6s, "B"
108 19
123
Tol. A. A. A Cad. —68
1917
Michigan Central— 6s
1909
llOis'Tol. A. A. A Mt. PI.—6»
1910
Coupon, 58
1031
'Union Paclflc- Ist, 6s
1896 11218'
Mortgage 4s
1940 102
lst,68
1897 113%
Jack. Lan. ASag.— 6s
1891
Ist, 6a
1898 lU9b 115%
Mil.L.S.AW.-Mlch.Uiv.l8t,68.1924 1171a
Collateral Trust, 68..
1908 107
Ashland Division- 1st, 6s ..1925{ 1161s llSHt
li8
103
Collateral Trust, 5s
1907
Incomes
84
Collateral Trust, 4ia8
1918
Minu.A St. L.— la. Ex.,l8t,78.1909> 102
94 |100
C. Br. U. P.— F. c, 7s
1896
1927
l8t,g. 78
jwis
ee
50
Ateh.
Col.
Pac-lst,
6s.
A
1008
1891
2d mortg., 78
•6
Ateh. J. C<i. A W.— lat, Os. 1005
Southwest Ext.— l8t, 78..... 1910 79
AN
I
|
1
50
I
loO
<:
I
1
,
1
126
123
6s.
i
118
123
991a 100
78
71
931a
.
j
119
.
101
Pacilic
I
I
|i
1
115
lU«s
104%
1
';
—
iVois
I
110
.
I
i
iio%l
I
;
W
I
io^
I
;
H7
!
1
'
'
i
,
>i> 1-rice Friday:
'
1
East. Mmn., 1st (fiv. Ist SsluoSj •100 "a'
100
San Fran. A N. P.— lat, g., .58.1019
121
.
j
114
105
. . .
'
1921
90 100
U.P. Lin. A Col.— l»t.g.,5.3. 1018
Ext.— 1st, 68
I;
Utah A North.- 1st, 7s
190b
Impr. A equipment, tts.
1922; 60
Gold. 5s
1926
1036'
mortg.,
Minn. A Pac— 1st
6a.
108
Utah Southern—Gen.. 7s ..1009
Minn.S.Ste. .M. A.4tl.— Iat,5s.l926i
Exten.,
1st,
7a
1009
-Trust
5s... 1917
1021s Missouri Pacille
112
Valley R'y Co. of O.— Con. 6s. 1921
Mobile A Ohio— 1st ext., 68.. .1927
Del. Lack. & W.— Convert. 73,1892 '1041s
Wabash— Deb. M., .'<erie8".V".1939
1st pref. debentures
Mortgage 78
8t.L.K.C.A.V.— K.E.ARK.78.1895
2d pref. debentun-s
1907
8yra. Bing. & N. Y.— ist, 78.1906 1301a
St.Charles Br'ge- l8t,6s.. 190<'
Is,
guar
81
St. L. A Cairo
1931
Morris <Sc Essex— Ist, 7s
No. Mis,souri— Isl, 7s
1895
1914
1431s iMorgau's La. A T.— Ist, 68.. ..1920 114
130
132
Va. C. A Pitts.- l,..t, 6b. 101
2d, 78
West,
1st, 7s
1018
1891 104%'105is
.Tlineellaneutia Hoiidii.
Bonds, 7s
Nash. Chat. A St. L.— 2d, 68. .1901 113 118
1900
f o.— Ist 6s
1907
Il28 ''New Orleans A GiUf— lat, Oa .1926
Am. Water
78 of 1871
1901
iHt. con., gnar., 78
1007
I., I^.,
6a...J.i'XL>
Ma.
Ist con,, golu, 5s
E.— i~Pr.
.. 1.,
113813 i^.
No. *J.
1015
N. Vy.
O. I.V.
A. i.^V7.
1915
'g.,
Gas—
cer.
Un.
Tr.
58..103J
Del. & Hud. Canal— l8t, 78. ..1891 104
Guar.
Ist,
4s.l08«"'IO2
Boston
N. J. JunctionIst, extension, 73
I'Cahaba Coal .Miu.— 1st g. 7s 19.17
IN. Y. N. H. AH.- Isl.reg. 4s.l003| 107
1891 105ial
Coupon, 7s
Col. A Hock. Coal A I.— (te, g 1017'
N. Y. ANortheru— 1st, g..58.1927 110
1894 11113!
Pa. Div., coup., 7s
62
Cousol'n Coal— Convert. 6-. lS;t71
1927' 60
2d.4s
1917 146
L'.hlj'
Albany & Sustj.- 1st, gu.,7s.l906' lao 131
Equitable G. A F.— Ist 6s
N. Y. Sitsq. A West,— Deb. 68.1897
lBt,cou8., guar., 68
2d,4i2S
1906'
;i2l
1937 781a Vi' Hnckcnsitck WaU'r— Ist. 53..10JI>
Bridge—
Ist
(Js.l!!3l
Rens. & Bar. -1 st, coup., 7.S.1921 1471a 151
Henderson
g.
North'n Paetllc— Divid'dscripcxt. 105
lool
Denver City Cable-lst, 63...19"8 101 103
Iron Ste;iuiboat i\t. 6s
James River Val.— 1st, 63... l!»36M06i2 108
i!M;4-,
7s..Nortbncstern
Telegr:;i)!i—
Oenv. & R. G.— Iuip.,g., 5.^... 19281 84
Spokane A Fal.—lsl, (is
„ -.
1036; 107
E. Tenn. Va. * Gii.— Ist, 7s.. .1900 120
St.Paul A N. P.— Gen., 68..1923 123
PcopIe'stJas ACokc ( 1st g.Os.l'.KitI
121
Chlcjigo
2d
g.6s,l;»0l!
Divisional 5s
lst,g.,6a.l937l
IleleuaABedM'n—
Co.,
>
1 930; lJ0%i
103 il03is
l«t ext.. gold. 5s
DulutliAMaiiilolia-l8t,g.68l936l llOVi!
Philadelphia Co.— Ist s. r. 6s. 1SUS|
1937
93
Ki. A I nip. g., 53
Dul.AM.iii Uak.Div.— I8t6s.l937 105^8'
Weat. Union Tel.— 73... 1875-19.IC
1038
*
96
41
106
89
112
'
104 12
126 130
1031-2 105
.
Paul&8.
118
•
. .
121>2 135
I2UI2
Chic. & St. Louis— 1st, 63 ....1915
Chic. St. P. & Kan. City— 5s.. 1936
Minn. & N. W.— Ist, g., 58.. 1934
Chic. St. P.& Minn.— l8t, 68. ..1918 •1'22
General mortgage, 6s
Cin Ham. & D.— Con. s.
il23iii
.
'128-
Chicago Rock Island & Pacilic—
Des Moines & Ft. D.— Ist, 48.1905
81
1st, 2123
1905
Extension, 4s
81
1905
Keokuk & Des M.— 1 st, 58. 1923 104
St.
60
::::::
116>s'
Ced. FallsAMlnu.- l8t,78..1907
871a
Ind.Bloom.&W.— 1st, prof. 78. 1900 1181a
do.
Income, 68
10(X) 10389
99
lud. D. & Spr.- 1st 7s, ex. cp.l906
Rome Wat. A Og.— lat M.. 78. 1891 103
62is
Ind. Dec. & West.— M. 5s.... 1947
Joa.
St.
A Gr. Is.-2d Inc
1925 80
Kan. C. A Omaha— lat, 58.. 1927
84
2d M., Inc. 5s
1948
87^8
Inter. & Gt. Nor.—Coup. 6s.
89
1909
8t. L. A. A T.H-2d m. Inc78.; 894
Kan. C.Wyan.AN.W.— l8t,58.1938
61
Dividend bonds
1894
L. 8h. & M. So.— C. P. AA.— 78. 1 892 106
Bellev. A80. IlL— l8t, 8s...i896| 114
119
Buff. & Er.- New bonds, 78.1898 118
Bellev. A Car.— Ist, 6s
1923 •103
Dct. M. &T.— l8t, 7s..
1906 130
Chl.St.L.APad.— I8t,gd.g.58iyi7 100
82
83
Lake Shore- Div. bonds, 78. 1899 119 121
St. Louis 80.— 1st, gif. g. 48.1931
50
Mahon'g Coal RR.— Ist, 5s. 1934
do
2d income, 53. 1931
98
l.itchf. Car.&Wcst.— Ist6s. g.l916
Car. AShawt.- l8t g. 4s
81
1932
Mil. & Mad.— Ist, 68
..1905 'II712
Ott. C. F. & St. P.— l8t, 5s. .1909 109
Northern III.— 1st, 5s
1910 108%
Chic.
|100\
::::;.::::::
Ry A Xav.— Col.tr. g..5».1919, 97
Pennsylvania KR.—
Pllts.C. A St.L.— Ist. <'p.,7».l900 1181?
Pitts. Ft. W. A
Il«
l8t, 7s. .10121 *
2d, 78
19121 143151
3d, 78
1912' •
141
Cle v. A P.-Coua., a. fd. 78 1909 12Jis
4tD,8luk. fiind,68
1892 I04%'l03»a
St. L.V. AT. II.— l8t,6u.,7».1897 113
2d, 7s
1898
2d, guar., 7s
1898 UO
Peoria & East.— Income 48. ..1990
33>s 84
l|Peoria A Pek. Union— Ist, 68.1921
2d morig., 4ia8
1921
• 46
Phiia. A Read.— 3d pref. convert
Pine Ocek Railway—6s
......
1932
Pitts. Clevc. A Tol.— 1st, 6s.. .1922
•
Pitts. Junction— lat 68
1022
Pitts. Mc K. A Y.— lat (i.s
1032 115
1897
1907
Gold, 58, coupon
I
D., 7s
'.....,
98
lOrcg.
lat Waco & Nor.— 7s
1901 105
2dm.8s.M.l. Trust receipts. 1913 1031a
Gen. mort.68,Trust receipts. 1925
75
,
118
85
D
D
&M.,
lie
n2ia....„
100
,
Ccn. A: Pen.— 1st g. 58.. ..19181
Gal. Har. & San Ant,— Ist, 6«.1910: 102
2d mort., 78
99
19051
West. Dlv.,2d«8
1931
Gn. So. & Fla.— Ist, g. 63
1927 95 100
Grand Rap. & Ind.— Gen. ."is.. 1924
93
Green B. *. &St. P.-lst 68..1911 '100
2d income, 1 st subs, paid
106
Housatonic— Cons. gol(r5s
1937
N. Haven & Derby, (,'ou3.5«..l!Jl8
Hous.ATex.C— 1st. ui. 1. 7B.Tr.reo. 112)e 111
West Div. 73,Triist receipt8.1891 1121a
!Fla.
.
&
iioia'i'v'i"
114
!
Chic. Burl. & Nor.— Deb. 68. .1896
Chic. Burling. & Q.— 58, s. f..l901 iObh
Iowa Div.— Sink, fund, 58.. 1919 108
95 12 9ri
Sinking fund, 48
1919
Plain, 4s
3258
91
1921
Chic. & [ndiana Coal— 1st 58.1936
98 100
Chi, Mil. & St.P.— lst,8s,P.D.1898 125
12512
2d, 7 3-lOs, P.
1898 I2OI2
1st, 78, $g., R.
1902 12514
I2OI3I
1st, La Crosse Division, 78.1893 118
l8t, I. & M., 78
1897 120-2
l8t, I.
Ist, C.
l8t, I.
1
•
& So. West.—2d, 6s. .1911
illliuoisCentral- Ist, g., 48 ...1951 '1081a 110
ChicaKO & Alton— 1st, 73
Ist, gold, 3143
93
1893 IO914
1951
Sinking fund, 68
Springf. Div.—Coup., 6s.. ..1898 •nils
1903 120
Louis. & Mo. River— Ist, 7s.l900 118>2 120 14
Middle Div.— Reg., 5s
1921 '115
2d, 7s
1900 •114
C. St. L. & N. O.-Teu. I., 78. 1897
,
•104
.
Chcs. O.
Jacks. & Chic— l8t,78.1894
1 St, guar. (564) 78
1894
2d mort. (360), 7s
1898
2d, guar. (188), 7s
1898
Miss.R. Bridge— 1st, s. f., 68.1912
1IJ%
'
.
1908 116
St. L.
Aak.
Bid.
Northern Paclflo— (ConllnnedlCceur'd'Alen —Ist, 68, gold. 1916
Cour d' Alene.geu. 1 Rl, g.,(is 1938
97
Brie— l8t, extended, 78
1897 117 118>ii
Cent.Wa«bingtnn— liit,K.,0«.1938
*85
2d, extended, 69
Norfollc A West.-Goneraf, '68.1031
1919 115"a'
117 119
3d, extended, 4V38
1923' 109i4;i09ia
New River, Ist, 6*
1932
'108
4tb, extended, 5s
Imp. A Ext., ((H
1920
117>s
1034
5tb, extended, 4s
1928 10238 103
A(UuHtment M., 7»
1924
91
Ist, eons., fd. coup., 7»
E<iui]>ment. .58
1920 135
liKW
100
Reorg., l8t lien, 6s
Clinch Val. l8t5«
1908 112
1957
110 il6>a
B.N. Y. AE.-lst, 78
OpI. A Lake Ch.— lat con. 68. 19-20
1916
N. Y. L. E. & W.-Col. tr.,6a.l922 110
Obiolnd.AWeat.— l8t pref.Sa,1938
98" 90
Funded coup., 58
92
1969
B6ori.'an. ric.,2d, 5t
1938
•118
Income, 6s
Ohio A UlM.—Com., S.F., 78. .1898
1977
•115
Buff. & S. W.— Mortg. «». . .1908 10-' !«
2doonaol. 7«.;
1911
99
Jefferson— 1st, gn. g. 58
I909'*105 106
Springfield Div.— l»t 7»
1905
91
89
Eureka Springs U'y— l8t,6«.g.l933l ....
CfeneralSg
1932
•100
Evan. &T. II.— 1st, cons., 68.19211
Ohio River RR.— lat, 9a
1936
90
Mt. Vei-non- 1st (is
USisl General mort., gold, 6a
1923i
1937
90
Evana. & Indian.— l.st, cons.. 1926 110
Ohio 80.— Iiiconic. g., 68
1B21
Flint & P. Marq.- Mort., 68... 1920 120
Oregon A Califomia— 1st. 5».1927
io6'
1st con. gold, 03
Oregon Inip'l— (.•one.,g. 5a. ..1939
1939;
.
A
BEC17BITIE8.
A«k.
Alabama Central— Ist 6r... 1918 *117
102
Mort. Kold OS
19S9
West. Pacitlc- Bonds, 6i. . .1899 113i« 115
No. Railway (Cal.)— Ist, 68.1907
99>4
SO.year 5s
1938
Che8. & O.— Pur. M. fund, 68.1898 1145s, 115%
6s, gold, series
Bid
E. Tenn. Va. A Ga.— (Continued)—
Mobile A Blrm.— ist, g., 58.. 1937
(Stock KxchnnQe Pricet.)
Alabama Mid.— Ixt, g., lis
1928
Atlantic & Danv.— iHtg., 68. .1917
2d, 3-58
SECURITIES.
Ask.
Bid.
these are the latest quotations untCe this week.
—
no
101
12
110
100
1<,3
00
105
1 103*.
-«
94
m"
j
»7
......
THE CHRONICLE.
830
Bank Statement for the weak ending June
i We omit two ciphers (00) in all caxea
NeiT fork City
7, 1890. is as follows,
.
Banks.
Oafital.
(OOi omitted.)
Bask of
Manhattan
York
I'o
Merchants'
Mechanics'
America.
Pboulx
City
Trftdosmnn'w
Chemical
Merchants' Exchange
Oallatln Niitional. .
J$utchera'it Drovers'
Meclianics' * Traders
2,000,0
2.050,0
2,000,0
2,000.0
3,000,0
1,000,0
1,000,0
750,0
800,0
600,0
1,000,0
300,0
200,0
200,0
600,0
300,0
Greenwich
Tjcaiher Manufact'rs.
Sevontli National
New
State of
Yoik...
American Kschange..
Commerce
Broadway
Mercantile
1,200,0
8,000,0
6,000,0
1,000,0
1,000,0
Pacitlc
422,7
Bopnbllc
1,600,0
ChathHm
460,0
200,0
700,0
Peoples*
Korth Ameri:a.
Hanover
1,000,0
42.^,4
1,804..'
3,37t,
1,678,9
883,4
377,4
959,5
653,1
278,5
613,3
1,416 2
2806
Irrlng
IS00,0
600,0
600.0
760,0
600,0
600,0
419'1
1,000,0
1,000.0
1,1240
300,0
37-,-
.St.
& Fnlton
Nicholas
Shoe & Lcntlicr
Corn Excliange
Continental
Oriental
Importer.*'
A
Traders'
Park
North River
East River
Foarth ^ ational
Central Nalion»l
Second Na ional
ninth National
First Katiiinal
Third National.
N. Y. Nafl Exchange
Bowery
Total
2'?2B
28^6
5
4,80'.!
2,3734
114 7
131
3,alV!4
1,000,0
S00,0
317,9
140.3
250,0
200,0
750,0
600,r
100,0
200,0
200,0
600,0
300,0
200,0
46Vi.4
IJncoln
"Western '^ ationfl
Fir^t National, B'klyn
1107
240,0
260,0
3,200,0
2,000,0
300,0
730,0
600,0
Germania.
United States
Seaboard
Sixth National
730'2
Z,000,(1
Fiftli Avenre
German Exchange
Garfield
rifth National
Bank of the Metrop...
West Side
2066
1,500,0
Kew 'i'ork Connty
German. American
Chase Nktioiial
150,»}
300,0
200,0
600.0
200,0
8,500,0
300,0
l,7f.0,5
678
11.4b8,.'i
4,957.0
9,031,8
1.859.7
22,2115,0
428,3
232,8
82St,t
769,6
473,3
414,(1
616,0
287,9
327,3
284,1
634,7
243,11
161.2
37 J, 7
188,8
736,4
3,631,
16,381,0
IS.SSO.f
5.394,7
7,335,9
2,783,7
10,383,8
6,080,6
2,184,4
4,514,4
13,388,1
2,968.0
2.011,6
2,819,6
4,029,9
2,005,0
2,637.0
6,643,6
4,380,8
2.120,0
20,739,3
19,584,8
2 120.0
1 226,3
17,066,0
Loaru.
Specie.
$
$
$
June
7
ISoflton.*
35,793,71 96.01 3.0
35,793.71 88.068,0
...
31....
We
35,793.7
Oinif
Gen
r
96.307,0
4.092,ft
wo ciphert in aU
these floure*.
12,794,4
4,074,4
7.758,6
3,170.6
6,135,3
3,049,2
4,489,6
1.3,954,8
2,882,0
3,064,8
3,336,9
4,438,5
1,88'3,3
3,227,0
6,558,2
4,775,2
2,035,2
20,198.2
22,694,9
2,289,8
1,118,8
16.848,0
8,176.0
5,069,0
5,401,2
20,'J98
6 557,0
1,335,3
2,714,0
17.-,0
170,0
100,5
3,1646
2,5M,0
03.5.9
64,7
11,102,1
4,988,6
3,660,6
3,037,7
,St61,3
280,8
316,8
279,1
258,5
294,0
675,o
4,084,5
2,034,7
6,381,8
2,387,0
3.814,0
141.7
617,2
3;5,o
3,:^8 ',2
1J!«,3
717,!t
1,'200,5
8,212,1
4,022,0
215,0
Lrtalt.
Depotiti.-r\:'l'-r'''n Glcarinoa,
«
$
408.593,3 3,727.7
395,3
406,548,9'3,757,6
693,9
I06,3.i7,8 3.731,3
9'27,5
405,08>,7 3,741, 9!678, 910.3
406,024,5:3,725,1 948 ,914,7
138,618.2 2,899.3 117, 579,5
136,H77,7 3.00H.8 9ti .31'2.5
135,919,7 3.19,",6 128, 611,1
95,977,0 2,126.0
98,646,0 2.13.1,0
97.880,0 2,129,0
t Incladinti, for
76.087.9
60,733,0
81,329,'4
Boston and
Phi.
Hunt.
Par.l
t
liell Telephone 100, 2'57
Bid.
1
238
Fe.lOO 47"^ 47"i
.220'8
100
Boston & Aihany
100 tniH'
Boston & Lowefl
100
200
Boston & Maine
Boston ,t Providence. 100' 261
19
California Southern.. .100
Central of Massachs'tslOOi 18V( 19
lOOj
38
39H
Preferred
40
Chic. Hurl. & North'n.lOO
44
Ohlc. & West Mich. ...100
30
Cin. Sand. & Clev.,coni.5Cl
10'4
Cleveland & Canton ..100*
29
lOOi
Preferred
Amcr.
Atch.
Topeka&
Ask.
1
|
1
107
1918 J&J
J&J
'
JAD
J&D
106
90
....
94 "v
I
Current Biver,lst,5s.l927
Det. Lans.&Xor'n, M. 7.s. 106
Eastern, Mass., 6s, 1906.. 125
Free. Ell. A M. V.,.lst,8H
i
rHg.,1910...M&S ISO-il
Cons. 6s, reg.,1923.JAD
135
North Penn., 1st 7b. 1896 i'ii" lie's
Gen, mort, 78,1903.JAJ 1311^
116"';
N.y.Phil.A Norf., Ist 6s.
Income, 6s, 1933.. AAO
40
Penn., Gen.6s,r,1910AAO
130
2d, 7s,
c, 1905..
.38,
r.,1919...Q-M
123
Loan,1913.J&D| i08"
Perklonien, Istse. 5s, '18.
102 la
Consoi. 7s, 1911. ...JAD 128^4 1'29
Cons., 88, g.. 1>'11..J&D 118
Imp., 6.S, g., 1897..A&OI
Con., 5s, 1922 (Stamped) i'()6a4
102
Phil.W.AB.,4s,1917.AAO
94 's Pitts. C. A St .U, 78.1900
Pongh. Bridge, 63.. ..1936;
101
Schuyl. R. E. k.. 63..I935I
Steuben. A Ind., lstm,6s'
UnitedN.J.,«s, 1894 AAO
West
100
iosv; 106 1«
108
106
110
111
1st, 78.
-J&D
B.XI.TIUOUE.
STOCKS,
Par.
Baltimore A Ohio
100
09
W
ioi"
118^4
Penn., Pitts. Br,8s.
Consoi., 4s. 1928..
t
Springfl'd.Ss
ogia
2dpref
140
118
65
Central Ohio, com
"m"
Char. Col. & Augusta. 100; 120
Western MaiTland
50
RAILROAl') BONDS.
76>-i
1214
!
A Char., 7R.1907.J&J!
Income, 6-, 1900.. AAO
Bait & O., 4s, 1935. A&0[
iVeV;
Consoi., 6s, 1988... F&A
107>4 Rait A O. S. W., 4'ijs J«J|
Icape F. & Yad.. ser. A, 6s,
43 Hi
32
123
104
100
108
Atl.
;
:
'Cent Ohio,
Inc.6s,1921)
Bntland,lst,fi.^l9U2MAN •113
2d, 68,1898
FAA 101
6s,
1890.
"
103
ibsi^
101=8 101»4
M&S
IChar.Col.AA., It7'.1893
ICln. Wash. & Bait, 1 ts..
Ga. Car. A Nor., Is B, 5s-.
1
Sor'n Cent,
CamdenA.4tlantic,pref.50
105%
100
100
60
Ist. pref
:
2d cons. in'-. 3s, 1939....
N. Y. & N. Eng., 1st, 7s... ["124
1st mort, 6h, 190.").. JAJ^ 116
2d mort, 6s, 1902. FA X '106 ,
2dm., 8caled,5»,'02.FAAl
34
East Pennsylvania
50* 56
Hubting'n&Broad Top.50 23'g
1904.JAJ
112"
WestVa.Cen.AP., 6s.l911
iii"
Ser. A,
Sea/dA
60
A
6a,
110=4
iofi^ 10l>3
103^ 103 >a
1926
JAJ
Ro'nke, 6s, 19261
Wes'. Md., Sdgu., 63.1900 ii9
5.3,
t atiiwissa, Istpref
601
58
Del,
Bound Brook... 100! 172
Per Bhare.
6.3,
Cons.,
Warren A Frank.,
I
t
JAD
Con.s.,
4><iS,Tr.
116
Little Rock&Ft. Smith. 7s * 99
Louisv, Ev.&st. L.,lst, 6s
2m., '2— 6s, 1936... aAO,' 79
Mar. H. A Ont, 68, 1925..
Exten. 6s, lu'/3
J&dI-IOI
Me.vicanCen.,4s,1911JAJ! 76
1st ron. inc., 3s. 1939...
43
^
3334
Char.Cin.AC.,5s,1947,Q-J
93
94
Clearflcld&Jeir., 1st os...! 118>4
Connecting, O.s, 1900-01..!
ii
Del. A Bd. B., lRt78,19U5 132
Easton A Amboy, M., Ss. 115>i 116
Elmira A Wilm., 1st, 6a.. 121
Hunt A I!.T.,Con..'^ 8,1895,
102 14
LeIl.C.&N.,4i2S,1914.Q—
109 109>9
6s, gold, 1897... 15 J&D 115H>
Consoi. 7s, lull ...J AD 128
Leh.V., 1st 63, 189<. JAD' 113>-»'lll
I
Un8tdlst,Cs,1933.A&0
C. Ft. ScottAMem., 63
C. Memphls&Birm., 3s
C. St Jos. A C. B., 7s
l'UII,AI>KbP±iIA.
STOCKS, t
Par,
44
Allcgh.Val., 7 310a., 1890; 112'«
Inc., 7s,end.conp.,I894..
Atlan. City, 5», 191UMAN
Bclv. Del., Ists, 6s,...1902
Catawissn, M., 78, 1900..., 121%
....110312'
J&J
Ogden.&L.C,
I
230
CO
I
104
2d 6s, 1918.
Deb. «s, 1896
Ch.<fe W. M loh.,gen.5s,1921
Con of Vt 3s, 1913.
A
1
I
Ch.B.&N. l8t58,1926.A&0
C. Clin.
70'a
I
* Mo. Rlv. in NeDExompt, Os, 1918.. .J&J
K.
K.
K.
K.
81
53 '8 83'4
35
36>a
I
Pa.&N.Y.Ca. 7s,1900JAD 127
85
Consoi. 58, 1939... A&O; 115
11 8 =4
67 14 Phila.&Erie, Gen.58.1920: 114
107'-.
Gen. m, 4s, 1920. -AAO
ioi"
PMl.ARead., Ist 6s, 1910
2d, 78, 1893
AAO i'io'i i'ii"
Burl.
,
70
North I'ennsylvania.... 50
Pennsylvania
50
Philadelphia A Erie
50
57
Western N. Y'.&Penn.lOO,
BONDI3.
1
6s,
52»9
70
i
.
H
Plain 43, 1910
M^^
Mlnehiil A S. Haven. ..50
Ne.snuehonin!; Valley. .50
.S'orthern Central
50
;
t'nited Co.'s of N. J. ..100
119 •.
Connecticut *Pa3suml00|*118
100
Connecticut River
Detroit Lans. & Nor... 100
100
Preferred
100 160^ 103
Eastern
149
100
Preferred
93
lOo
Fltchburg, prcf.
33
31
Fllnt&Pere Marqu'ti.lOO
99
100
Preferred
Kan.C. Ft.Scott * M..100
49
K.C. Memnh. & Birm.lOO
LonlsT.Evansv.&St.L.lOO * 28
100
Preferred
.155
100
Maiue Central
!.
Mauchester&Law'nce 100
29'(, 29 1«
100
Mexican Central
-119
N. Y.&New Eng.,pref.lOO 117
100
Northern N.
Ogdens. A Lake Cham.lOO
8V
Old Colony
100 174
169
Ports. Gt. 'Pal's & Con 100 *
135
Portland Saco&Ports.lOO 133
Bnttond
100
Preferred
100
73
76
Summit Briinrh
7
50
62
WisconsinCentr'l.pref 00
60
Nonexem.
5238
West Jersey
50
West J eraey & Atlantic 50
I
BAILHOAD BONDS.
I
50
50
50
Little Sohuv.kill..
'
49
.50
Lehigh Vnllev
S.
At.Top.&S.F. Gen.4a, J&J
Income, 5s, 1989.Sept.l
B«r.&Mo.B!V,l.g.7s,.18»3
& Br.Top. nref.
& Na
Lehigii Coal
»3»» Wii. Col.
Last urice this week.
A
Aug., 68, I9IOI
t Ex-dividend.
N. Y. and Brooklyn Gas Securities— Brokers' Quotations.
',
t:
7s..
'I
1900-.JAJ
7iliAv. -st'k.. 226
1st mort., 58, i904 .J&D 105
Sdmorr .'s, 1914. ..J&j
'24
B'way Isi, .8. gu
2nd ts, ii:t
lent, '03.
I
.
r..s
Brooklyn city— stock
Istroori.. OS. 1902 .J&J
Ii'JiI.Tniri)-t'u £s., ibos
Central (."rLyhiuwn— at'K
Istmort., 8s,1922.M&N
Cent. Pk..\.AE.niv.— sr,R. Iu3
Consols. 7s, 1902 ...J&D 'i''
CJirist'i.irrcClOthSt.-StR.
1st M,, 7k, 1898
I
J*D
I
lal Biorr.. 7s. 1893..
^j ank
BANKS.
America
Am. Ezch
Asbnry Park
Bowery
Broadway...
Bntohs'dtD,'.
Central
Chase
Chatham
Chemical
City
Citizens*
Columbia
Commerce...
Oommercial..
Contlnoital .
Corn Ji^xch...
East Kiver..
11th Ward...
Fifth Ave...
Fifth
Flrat
First
8. 1.
,
14th Street..
Fourth
Bid.
F&A
SoripBs
l8t mort.. 78. 181W
Stock List— Latest prices this week.
I
Ask
BANKS^
j
103
RlghthAv Stock.
190
EighlhAv.— Scrip, 68, 1914 105
42d & Gr'nd St. i"ry— stk. 235
Isl mort., 78, 1893. A&O 108
42rtSt. Manh.A St.N.Av«.l 43
Ist moit., 6s, 1910.. M&S 113
2d M„ income,68
J.tJ, 57
Honst. W.St.(feP.J<"y—.srK. 200
Ist mort.. 7b. 1894. Jit J 109
Ninttt .4vo
103
Second Ave.— Stock
I115
istmort., 58. lOlO.MiSN
Sixth Ave.— Stock
Ist mort., 7s, 1£90.. J&J
.Third Ave.— Stock
Ist M., 5.S, 1937. .. J&J
iTwenty-thlrd St.—Stock..
A*0
DryXJK.K.b.ABat'y— stt.
N
l3.'iS2,0
631.3
173.8
286,5
448,4
187,7
1^0,4
374,2
226,4
136,6
315,0
213,0
699,3
345.8
1.413,8
2,7»3,0
113,5
113,6
1,516,7
611,0
278.4
889,2
868,9
72,0
4,017,6
982,3
216,7
641,0
600,0
429,8
1,941,9
1,101,1
115,1
166.7
1,178,6
777,3
8l;,6
308.9
1.019,7
306,0
378,0
182,2
1,419,2
724,8
2,013.8
3,305,0
1,S2»,0
2,316,0
1,408.9
2,800,8
11, ".90,0
1-16,0
1401,4
4.51)0,6
City Railroad Securities— Brokers' Quotations.
.\v., H'klvu.St'k.
Dry Dock E. B'y A^bT^
Istmori.,
^
2.640,8
130,8
191,4
?,9B3,0
1,738,0
1.131,0
28.134,0
27.083.0
27,8o7,0
il.,5-, ll)t9...A<fcO
Bl'CKerSt. -v; r ul. f. -8tk.
Br'dway
,S,64b,»
3,94.M
0.'2,0
$
dolphia.the item " due to other ban^ s.*'
Atlantic
496,0
812,7
360,1
124,7
1,365,'.'
64,685,4 167,105,6 10.877.3 4.647,
64,635,4 1.58,48»,6 19,27'/.2i 4,260,
64,685,4 168,423,7 10.438,5! 4,061,
June 7
•
164,7
9.030,7
6,649.0
11,787,4
4,712,0
11.210.0
1.915,6
27.154,0
I
7.,..
24
1,032,''
9,690.1
i-hfln.-
"
478,5
803,6
213,6
BItHTUN.
STOCKS,
9,37-2,0
I
24....
31....
May
3,368.1
4,.iy'J,ti
119.527.0 39»,763,6|75.930,7, 29,l;io;
121.009.1 397.139,8 7.i.8H6,6 30.316,
121,009,11396,981,9 75,625.1 30.891
24...
31...
••
360,2
484,7
2 30U,0
3 103,0
10.... 119,527,ol402,156,3 76.900,9 27,234,
17.... 119,527,0 40li,633,B!7.i,581,7 28,068
Juno
1,376.4
780,4
1.330,7
441,)
2.2t9,6
993,1
SECURITIES.
Ask.^
Bid.
*
10.420.0
60.812.7 60,196.4 396.984,0 75,525,1 30,891,4 40C,021,5
Baskb.
May
644,6
765.8
500,5
117,0
191,2
313,7
339,1
338,2
2,195,0
3.607,9
6,411,4
2.030,2
2.737.0
1.239,b
2.874,8
1,333,4
7 3V!1,0
N. York."
"
"
«
7.239.2
8,n6.(<
4 202,0
4 823,6
2l!6UI,3
6,033,5
1.446,6
2 641.0
2.891,6
2 809.'^
9,563,o
4 639,2
3,031.4
2 620,S
4.365,7
•/9S8,7
3,340,0
1 841,8
A
fiepoeitt.
680.0
590,0
363,0
763,0
446,6
105,0
957,0
149,8
1,339,0
408,3
384,3
69,6
813,0
168,8
234,1
30,6
191,2
969,0
2.010,7
276,5
748.9
2bl,4
2,030,0
1.420,0
2,791,3
1,118,0
2,658,2
1,144,0
3,794,4
356,7
7,792,0
9,7».'!.0
1
(Jnotatlons In Boston, Plilladelitliia and Baltimor '.—Below
are quotations of active stocks and bonds not generally quoted
full list is given the 3d Saturday of each mouth.
in N. Y.
SECURITIES.
11,060.0
2896
3322
Capital *(
SuTvliu.
May
Legalt.
Specie,
9
1,729.9
1.370,H
922,4
1,878,0
1,880.8
649.9
2,309.0
59,3
6,15B.0
134,7
1,489,9
294,5
2i9.1
127,5
672,0
78,4
OitizeLH*.
Naasan
Market
Loana
S
9
Now
SttrvlHM.
U
[Vol,
Bid.
i Ask.
BANKS^^
105
203
105
il 9
215
43
115
60
no
112
11a
Bid.
)
Bonds, 6a
Kassau (Brookiyn)
,
Sci-jp
GAS GOMPANIKS.
Bid.
People's (Brooklyn^
i
100
125
100
i
Aak
92
128
;llo
113
110
i
121
Y.)
i
Williamsburg
103
Bonds, 6s
102 14 Metropolitan Bw>oklyn)..
Municipal— Bonds, 78.
118
Fulton .Municipal
127
Bonds, 6s..
1U2
Equitable
Bonds, 8s .
ioi
,
Untual (N.
Ask.
120
115
Cflizens' Qas-Llgnt
Ho
Bonds, 53
100
CousoUdated Gas
102
Jersey City & Hoboken.. 170
Metropolitan— Bouda
114
New York
I
il'5
libtf"
260
109
!no
iiii
|
:;;•.::
'
140
lou
1'.9
145
1"5
331
110
113
I107
250
260
GAS COMPANIES.
Brooklj-nGas-Liglit
I270
liov
Stock Exchange— Unlisteii Secarities.
8BCURITIE8..
Alabama
do.
do.
A
Vicks
do.
consols,
do,
2d58...
Am. Bank Note Co
Am. Cittle Trust
Am. Cotton Oil Co
SKCURITIK8.
3D
33
90
67
42
1538
26>i
pref
'67
Am. Pig Iron Stor'ge war.
Atch.A Pike's Peak, stOs.
Atl. A Char. Air Line
93
122
l8t 7s, 1907
Brooklyn Elev'd— stock.. 371a
CtlKornls Pacific
llHl
Cln<:lPnatl & Springf
1
Comstock Tunnel
0.17
1st income 4s
2712
Continental Con. A Imp..
do. Trusteed stock
DlstilUng & Cattle F. Co . •48
Uva. 8. Hoore (ft A.t.— Stk.
7
221]
Pref
aoorgla Pao Stook
10
113
iBtOB
Consoi. 5a
77 ><
.„„
Income 5s
do.
94
124
40
Bid. Ask.
A
N.Y. Loan A Imnr
N. Pac. P. d'OreUle niv.
019
Do.
29
Mo.
53
,
Dlv., 1st 68
North Kiv.cona. Co. scrip.
O.I.
Hi
47
«
St Louis
Tex..
Ueciphis&Cha'st consols 118 125
Mex. NatConstrnct'n Co. •2414
Mo. K. & T. new 43, W. I.. •811, 'sii;
do.
•5338 53 >3
L'd certs.. W. 1
•30
do. pref.
Mt Des.a East Sh. Ld.Co. 0'75
1'8
N. O. Pao. Laud Grant... 24
37
Newp. N. & Miss. "Val
17
la's
N. Y. W,S.* Buff
34"
N. Y. & Green'd Lako. Ist si'
9
11
2d mort
Louisv.
V
I
AW.— Ist acc.'ntcert.
2d ace.
int.
cert
64
29
67
32
Ocean Pier & N. Co.
..
Ocean SS. Co. -1st, guar. i02'" ioi
S3"« PenBaoola A. Atlantic
319
3
12 Plioenix, of Ariz
•1-44
35"
11312 Postal Teiegr.ipn- Cahi«. 33
78'< StL.Ark.A T ,1st 43,W.L 77« 7814
25
do.
'/d 4a, W.I.
47S
IlL Coal & Coke
do. Tr.rec
f.aiUostpd. 14
14^
Koely Motor
31]
5
St. Paul e;.& (- r. it.. Ihl 09 104
107
l«hlKh A Wilkes. Coal... '23
Toledo Peer a
West... '19^4
Uttle R. A Mem. Ist 5s... 74
75
West. N. Car.— Con.6s ... 101
Ii.N. A .&Chic.(C.* I.) Istes 107
•Indicates actual sales.
1
I
A
J0NE
THE CHRONICLE1
14, 1890.J
Latett Barningi Reported.
%nmstmtnt
BOAD.
\WeekorUo\
Qa. Car'la & No.',>farch
Ga. UR. & B. Co. April.
Oeo. Ho. A Fla. VI ay
Sr. Rap. <& lud.. list wk J'ne
CiD.R.&Ft. W. IstwkJ'ne
Other lines. ..'Istwii J'nj
Total all lines. IstwkJ'ne
Sraud Trun k ... Wk June 7
Ohio AOr.Tr.|WkMay31
I
.
The Investors' Supplement, a pamphlet of 150 pagu,
contains extended tables of the Funded Debt
of States and
Cities and of the Stocks and Bonds of Railroads and
other
Companies.
other
It is published
on
the last
.
1
Det.Gr.H.AM.iWkMayai
Saturday of every Gr.B.W.&8t.F.
month— viz., January, March, May,
July, September
and November, and is furnished without extra charge to all
regular subscribers of the Chronicle. Extra copies are
sold
to subscribers of the Chronicle at 50 cents each, and
to others
at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
six pages of the Chronicle, are published on the
tliird
Saturday
831
1-
of each month.
April
* Chicago. May
UouHat<iniu
lAprll
.
.
Gulf
I
Humesl'n&SheulMay
Ul.Cen.(llI.&.So.)lAprli,
Cedar F.AMIn.' April
Dub. iSlo'xC. [April
Iowa lines
April
Total all. ...lAprll
Ind.Dec.A West. May
Iiitcroc'nlc (Mx) April
Iowa Central... IstwkJ'ne
Iron Railway... .May
J'k'uv.T.&K.Wi; April
..
.
Kanawha* Ohlo'ltliwkMay
Kan. C. CI. A: Sp. 2d wk May
K.C.F.8. & Mem. '.id wk May
RAILROAD EARNINGS.
K.C.Mom. &Blr. 4thwk.May
& N. W February
Kentuckv Cent. May
..
K. C. Wy.
Latest Earnings Reported.
Roads.
Wcekorilo]
AUeghenj- Val.. 'April
Annfston &Atl.lMay..
Aimiston & Ciu, iMay
1890.
212,1S7
.%458
12,739
1889.
Jan. 1
to Latest
1890.
Date.
1889.
Keokuk
.
&
Knigst'n
.
4thwkMay
&Pem. 4thwkMay
West.
Knox. & Lincoln April
L.ErloAll.&So May
L. Erie & West.. IstwkJ'ne
Lehigh & Hud., tfay
L. Rock & Mem. 4thwkMay
Lons Island
May
Louis.* Mo.Riv. February
Louls.Ev.&St.L. 4th»kM'ay
Louisv.&Nashv. IstwkJ'ne
Louls.N. A&Ch. IstwkJ'ne
Louis. N.A&Cor. April
Loiiisv.N.O. AT. IthwkMay
Lou.St.L.&Tcx. IstwkJ'ne
1890.
1889.
ran.
1 (0 Latest
1800.
Datei
1880.
•
7.071
iie.4is
68,714
47,176
7,H38
4,186
59,201
888.157
68,019
17.618
29,494
3.002
17.772
94.226
637.030
2S.308
2e2.6es
38.031 1.048.801
7,193
187.222
3,345
03,551
48.570 1,328.074
866,701 8.277,932
63,271 1,.384.406
10,058
429.87 3
22,382
1I7,'258
3.30-^
2,711
18,977
119,247
82.812
4A 1.038
13.5001
10,718
59.00O
1,076,3201 972,840 4,505.379
e,903l
7,528
24,5471
141.595 117,582
887,622
148,408 125,107
612.169
1,224,824 1,097.04
5,117.548
35.470
2
172.962:
130.000
90,0<;«
518.402
26,972
24,079
660.335
3,118
2,756
16,831
45.738
39,740
240.138
6,6i>2
8,928
1 17,984
7,810
4,782
140.744
81.805
80,159 1,737.832
26,707
21,987
804.863;
47,800
80,690
09.100
87,801
84.160
894.3461
8,894
8,706
140,6971
4,405
6,046
63 601
18,008
13.'.:00
60,2 H]
5,1.30
4,971
'23,563
II,59»
60-^.004
00.728
8^7,864
189,34^
88,17»
1.208,381
7.804,880
1.368,883
300,07»
02.014
18,0«7
327,041
80,365
4,261,058
28.607
507,77(>
536.437
4,797.405
15'2,773
333.801
586.878
18,388
219..322
101.733
97,170
1,647.821
386,000
87.130
373.886
129.801
73,737
49.974
23.662
169,766
52,364
757,719,
43.594 1,1118,726 1.010.467
674,598
7,184
31,711
33,0.55
22,876
131.97641,213
04.505
8,338
62,4541
11,710
10,001
2 19. 1061
43,698
243.618
Atoll. T.&S. F6..|4tli\vkAIav
889,72!) 678,322 11,999,409 9,659,536
329,281 281.002 1,213.420 1,083A4»
Half owned ...'4tliwkMay
49,921
45,836
33,880
078,468
30,030
67.412:
626,283
58301
Total systPiu.iiiliwkMay 939,650 724.158 12,677,873 10,285.810
32,430
31,868
457.261
48^,708
St L. & SaiiF. ktliwk Mav
178,100 147,600 2,400,427 2,123,411
353,480 334,133 7,979.'.42 7.254.421
Half owned.. 4tliwk May
49,182
45,101
47,111
39,208
958.303
017,061
Tot.8.L.&a.F. 4th\vkMay 227,282 192,701
1,1-24
1,032
4.04 1^
3.744
Agg. total ..|4tli\vkMayil,166,932 916,859
61.506
60,513 1.080.8391 1,068,602
Atlanta & Char. .Marc li
139.919 135,616
468,023
8.932
4,229
399,623
16J.56I
Atlanta AFlor'a May..
7,126
5,854
45,132
43,340
29,878
33.062 Loulsv. South'n. May
Atlanta &W.Pt. Mav
28,213
25,547
187,471
9,500
762
3(>.4'28
176,148 Lynchh.&Dur'm May
Atl. & Danville. May....
Memphis&CUas
45,000
IthwkMay
30,016
193,0.33
34,934
733.109'
33,5 -2
124,978
698,579
B.&O.EastLlnes April.,
1,309,016 1,246,326 5,813,780 4,929,288 IMexlcanCcut... l8twk,rne
103.967 140,637 2,s46.3it3 2,743.137
Western Lines April..
462,300 385,809 1.717,309 1,483,744 IMex. National IstwkJ'ne
60,'23
66,483 1.637.990 1 ,603.0!»
Total
April..
1,971,316 1,632,135 7,531,089 6,413,032 jMexlcau K'way WKMay24
71.649
72,443 1.570.2J7i 1.720,550
BaL&O.Southw. IstwkJ'ne
.Mil.L.Sh.&WesI Istwk,rne
40,688
38,280
931,223
88.670
74,893 1.463.957 1,264,072
8,30 960
Bait. 1$ PotomacApril
Milwaukee &No IstwkJ'ne
143,722 153,294
28.600
531,820
21,186
526,38:1
633.423
464,783
Beech Creek
April
81.359
51,478
325.114
11.877
44.931'
10.094
202.928 Mineral Range.. May.
42,994
Blr..Selma&N.O. March ...
1,600
1,509
103„355 107.800
5,640
646.320
487,435
4,747 Uiuneap.&St.L. May
Bufl.Roch.AHti l.stwkJ'ne
46,602
31,408
820,056
524,094
831,713 M.St.P.&H.S.M.May. .;...! 166,319 100.809
802,S13:
Bur.C.Rap.&N. 4tliwkMay
83,092
78,306 1,197,934 1,067,333 Mo. Kan. & Tex. May
643,.368
629,220 2.988,941, 2,617,747
Burl. & Northw. May
5,237
4,624
23.018
293.733 243.579 1,334.517 1,'259,241
2 -',457 Mobile* Ohio.. May
Burl. & Western May
5,042
4,052
22.572
39.725
20,741 Monterey&M.G May
166,-691
Camden &Atl. April
54,.334
45,325
163,244
277.144 258.288 1,136,'227| 1,117,834
149,188 Nash.Ch.&St.L. April.
Canadian Pacillo IstwkJ'ne 298,000 271,000 5,784,893 5,383,133 Niit. RedR. &T. May....!!!
665
1 2,28»
10,017'
2.618
Cp.F'r&Yad.Val May
42.578
30,803
213,984
91,966
160.897 N'ewBriinsw:ck. April
273,831
74.572
298,930,
Cen.KK.&Bg.Co March
639,'285
605,609 2.228,660 1,933.11: N. Jersey ikN.Y. .April
20.739
05,920
19,094
73,394
Ceutralof N.,I.. April
1,079,709 980,234 3,701,992 3,769.449 N. London Nor. We May 31
10.871
10.829
Central Paciilc.. April
1,301,014 1,298,483 4,144,213 4,503,433 New Orl. & Gulf May
13,989
69.669
14,897
63.863
Central of B.C.. March
N.
Y.
H.
11.659
C. &
R. May
9.492
37,170
3,128,094 2,892,851 14.724.853 13.668.701
31,696
Centr'i Vermont W'k-MaySl
N. Y. L. E. & W April.
- —-'--- 7.70-2.392
63.877
62,923
2,345.757 l,9.53,73;j 8.800.31
1 '2,521
Char.Cin. A;Chie March
.N. Y. Pa. & Ohio April
32.787
542,146 460,419
.882,711
460.419 2,'250,->67
Charlest'n & Sav April
57,138
5i;'7()0
271.50"
481.852 4-22,113 1.767,530, 1,643,-'01
229,957 N. Y.&N.Eng.. April
Char.Sum.&No. March
N.
Y. ifeNorth'n. Mav
5,011
3,294
14.977
50.112
221,724
9,012
53.523
221,023
Chat.R'me&Col. Ma.v
28,0i)0
22,429
141.607
38,323
6-<l.I^»
93,310 N. Y.Ont. <fe W.. IstwkJ'ne
36.867
784.941
Chatt'nVaUni'n May
11,300
11,1«0
122,093
374.2.'6
43,430
41,646 N.Y. Susq. & W.. .April
415.236
98.479
Cheraw. cfe Darl .\prll
6,808
4,872
34,794
29,090 Norfolk* West. IstwkJ'ne 114.071
88.425 2,600.661 2,144.1'.'4
Cbe.s. &Ohio.... IstwkJ'ne
136,842
97,419 3,099,716 2.289.4(i2 N'theast'n (.S. C.) March
78.132
192.073
60.006
230.443:
Ches. O. &8. W. May
North'u
Central.
152,077 147.762
April
556.916
777,764
788,492
423.171 2.169.120 1.796.311
Cnes. & Lenoir
Harch...
6,334
6,196
19,121
19,712 Nofthern Pacldc IstwkJ'ne 417.9-'3 380.629; 8.419.538 7.675.779
Chic, cfe Atlantic. IstwkJ'ne
38.659
37,436 1,157,214
233,96-4
14,920
903,615 Ogd.&LakoCh WkMavSl
263.482
13,195
Chic. Bnrl. & Q* April..
2,742,084 2,513,760 11,209,650 10,048,716 Ohio lad. * W.. 4thwk"Feb
23.302
229,344
243,423
2 1, -251
Chlc.& East. III. IstwkJ'ne
56,658
50,223 1.249,390 1,092,353 Ohio&Mi.^s
IstwkJ'ne
85.675
1.613.146
85,267 1,727.920'
Chlc.Mll.&St.P. latwkj'ue 480,500 486,917 10,144,777 9,588,631 Ohio & Northw.. .May
18,589
78.119
79.994,
19,065
Chic. &N'thw'u. .May...
Col. & Maysv. May
2,219,418 2,144,942 9,987,247 9,049,736
'7.V2
4.452
3.493
1,098
Chic. & Oh. Riv. May..
5,038
5,222
IstwkJ'ne
210.980
26,727
13,121
31,032 Ohio River
243.313'
10.437
Chic.Peo.&St.L. March
Ohio
Southern..
33,088
29,235
May
210.363
95,205
38,712
80,701
216.792i
36,0U
Chic.St.P.A;K.C. IstwkJ'ne
92,045
56,645 1,839,181 1,150,146 Olio Val. of Ky. Ist wk J'ne
51.110
4.768
86.973,
2,580
Chlc.St.P.M.&O. April
538,075 450,584 2,007,773 1,778.916 Omaha & 8t. L. April
141.035
43,781
211.714
30.8331
Chic. & W. Mich. IstwkJ'ne
30,000
23,034
356.464 „
639.768
578.070 Oregon Imp. Co. April
309.632 1,301,159 l.:37,902
Chippewa Vai .. ''lay
2-', 160
Pennsylvania .. April
17,367
5,619.357 5,032,370 21,083,475 18.778.403
Cln.Ga. cfe Ports. May
22,4'24
5,661
5.053
13.857
307.08*
22i947 PeonaDec.*Ev. IstwkJ'noj
12.4131
31:1.334i
Cin. Jack. & Mac IstwkJ'ne
Petersburg
April
12,884
9,618
51,605
172.663
237.316
1 -8,4541
234.319
43,8911
Cln.N. O. <&T.P. Ithwk.May 143,815 111,656 1,752,763 1,465,810 Phlla. & Erie... April
475.017 359.8.52 1.484.840 1.202.311
Ala. Gt. South. IthwkMay
Phtla.
Read'g.
&
April
59,229
53,794
5,315,465
782,773
735,770
.;l,676.996i,38l..'>25 6,066.1O.i.
N. Orl. & N. E. 4th wk .May
7.696
3,256
73,676
28,805
530,727
414,680 Pitta. Mar. * Ch. May
14.878
1,558
Ala. cS: Vicksb. 4thwk.May
32t).518
34.847
14,116
279,48(i
115,706 116.386
225,185 Plttsb. & West'uiMarch
33'2.653!
Vlcks. Sh. & P. IthwkMay
Pltts.Clov.&T.I.Maroh
111.351
16,508
17,454
43.032
232,323
221.183
113.360
42.159
Erlangcr Syst. 4thwkMay 328,075 2'25,825 3,578,072 3,062.630
Pltta.Paiu.*F.' March
67.694
16.948
52.6.30
24.403
Cinn.Northw*u. May
Total system IstwkJ'ne
912.949
1,684
40.297
1,658
7,858
7.010
009.803
43.543
Ciu. Sel. ii .Mob. April
Pt.
Royal
Aug.
*
.March
98.097
31.896
4,319
6,002
23,147
38,369
35,6-23
110.816
Cin.Wab.&Mlch. May
122.311
40.174
49,289
39.527
220,137
193.051 Pt.Roy.& W.Car. .March
124.418
41,526
Clev.Akron&Col 4th wk .MayPre8.*Ar!z.Cen.
May
33.000
11,426
25,026
19,091
323,307
279.489
47.580
11,126
Cler. & Cauton.. May
QulncyO.&K.C. .May
46.0110
193,'241
101.809
34,101
19.025
1 59.409
94.406
20.890
CI.Ciu.Ch.&S.L 4th wk .May 386,301 361,147 5,17.3.838 4,869,750 aich.*Dauville. May
428.100 376.500 2.198.566 2.001,480
Clev. & .Marietta May
Vir. Midland. May
796,591
28,017
21,803
111,741
102,158
196.500 177.900
903,827
Color. Midland. IstwkJ'ne
Char.Col.&Au. May
360.321
40.600
35,179
65.1iS0
785.(K)5
681,708
386.423
89.247
Col. & Cin. Slid.. IstwkJ'ne
Col. & Greenv. May
30I.770
0,244
5,956
137.201
142.570
47.100
333.4:1
41.025
CoL H. V. & Tol. May
West. No. Car.' May
:;74.379
258,902 196,753 1,060,339
905,180
78,800
391.81'*:
69.135
Coluga & Lake. May
Georgia Pac .. May
531.181
1,747
1,713
123,'200
8,084
7,051
731.4851
88,266
Covin. Si Macon. May
Wash.O.*
W.jMay
41,583
9,528
6,493
5.1,335
10.900
39,075
47.473
9.961
Day.Ft.W.&Ch.. May
Aahv. & Spart. May
46..301
202,800
52.-269;
37,780
38,288
192,160
10.100
8,972
Denv. & Rio Gr. 1st wk J'ne 171, .500 158,800 3,263,096 3,030.003
Total Sys'm. IstwkJ'ne 21l,•^75 301.825 5,-i86.546 4.658.632
Den.Tex.&F.W. March
97,204
238.707 202,429
529.329 Rich. * Pet<!rsb. April
731,507
29.783
113.141
24.891
Des M. vfe S'west May
531,63»
17,710
61,723 Rio Gr. West .... l8t wk J'ne
12,830
83,530
26.550
644,573
21.775
Det.BayC.&Alp 'lay
21,35U
225,397
217.924 Rome & Decatur May
50.000
54,082
8.200
42.030
4,730
Det.Lans'«&No IstwkJ'ne
984,96»
16,824
481.329
441.460 Ro we W. * Ogd. AprlL
21,558
333.505 261.398 1.243.123:
DuluthS.S.&Atl IstwkJ'ne
40,457
56,199
781.506
656.200 Sag.Tuscola.^H. May
48,162
35.2391
8.847
10,0! 7|
«.Tenn.Va.&Ga. March
.398.369
534,459 454,629 1,661.586 1.385.428 8t.L.A.*T.lLB's IthwkMay
27,3.>0
27.498'
474.933;
Knoxv. (StOhio March
49.501
1 19,639
149.002 8t.L. Ark.&Tex. IstwkJ'ne
55,332
59,217
52.880 1,508.5.38 l.-2.>9,60-,t
Total system., 4thwk May 181,738 141,270 2,830,352 2,3.-»5.741 StL.UeaM.AN. May
22,488
11,058
38,672;
6,0981
EllE.Lex.&B.S... March
405.17-2
176,310
62.670
69,015
207,335 8t.P»ul&Dnl'th May
506.05122.8.10 194,4741
Empire .tD'bUn May
aiP.Min.*Man. May
3,370
13,65?
758.990 420.2111 3.134.589 2,704. 30&
Evans.&Iud'plis l8t wk J'ne
KMt. of Minn. May
87,7384,718
5.285
107,903
114.052
60,677
198,342
84,663
Evansv. & T. H. IstwkJ'ne
292,880Mont»n«Cenl..Jfay
17,330
16,0.38
401,386
359,421
90,948
378,184
72 061
FitchburK
April
Total Pys'm. 'May
507,402 439,444 1,904,467 1,699,121
010.615 716.938' 3,711.115 3,084,893
Flint. & P. Marq. 4thwk May
463.98079,901
60,755 1,293.908 1.011.098 B.Ant.AAr.Pas*. IstwkJ'ne
40.749
644.895
86.7381
Flor. Ceut.&P. kthwk.May
52'2,109
235.658.
27,612
23,641
496.904 a. rran.* N.Pao. 3d wk May
14.811
15.700
224.051
FtMad. cfe N'w'n March
5.273
74,155
1,004
2,040
5,555 Say. Am. * Mon. May
34,914
112.784
11,989
11i.W.an. &L..lMarcli
9«,730
26,868
25,742
74,682
154,929'
67,063 Seattle L. S. * E. let wk J'ne
O.ITOl
4.8821
i
.
.
-
.
,
.
.
.
.
.
.
.
I
'
|
I
I
.
I
IHE CKRONICLE.
882
Latest Earnings Bejmrled.
BOAD8.
Week or Mo
1890.
*
BciotoVal.&N.E. 4tbwk May
Bhenandoah Val May
South Carolina March
Bpar. Un. & Col .March
Bo. I'aciUc Co.—
Gal.Ilar.AS.A. AprU
Xiouls'a West
April
Morjfan'sI.&T. April
18.080
142,756
!
j
j
4th wk May
Den.Lead.&G. March
All oth. lines.. 'March
Tot.U.P.Sys. 'April
Cent.Br.&L.L. March
646,269
303,137
32,H08
75,770
'2, 054,710
3, 547,729
1,273, 644
1,,217,476
74,1321
348, 293
1,679, ,723
1,,715,859
1
IstwkJ'ne
Western of Ala. May
West Jersey
April
W.V.Cen.&Pltts. May
West.N.Y. & Pa. IstwkJ'ne
Wheeling* I-.E. IstwkJ'ne
& Aug. March
Wisconsin Cent. IstwkJ'ne
Wrightsv.&Ten. April
Wll. Col.
39.130
51, .551
581,032
1,961,205!
660,729,
.347,679.
306.323
258,235
88,441
80,467
62,000
6,364
13,296
96,565
14.514
4.530
25,227
80,486
2,833,530
490,766
131,183
554.312
7,871
41,5-22
20,533
15,043
1,628
374,617
621,615
9,545
260,917.
33,397,
380,322
652,049
638.226
6 ,200
208,698
,667; 523 5, 134,244
2, ,828, 926 12, 064,472
1 .311,150
861.890
452.435
169,526
4, 489,020
24, ,441;
>,
2, ,671,
616
10,,431.289
337,243]
59, ,287
8, 088,185
73,736
47, 095,
o 356|
3,073
3,181
2i 619
39,995
26, 035
399,873 2 ,697, ,651
15,192
14! 921
213.980 234, ,078
36,234
32, 905
120,083 109, 490
75,406
67, 070
70,400
4o: 000
24,033
15, 334
89,758
77, 800
98,376
74, 860
6,373
5, 972
576,998
1,934,328
654,491
333,114
296.711
391.619
284.487
27,492
71,808
2,559,147
387,902
98.356
440,993
37,510
359,021
347.274
7,870
172.456
.275,741
189,638]
7,857
8,753;
103,123
168,700
7,292
7,946
91,968
191,308]
55,329.
367,70:»
317,178
910,445
217,505
372,020
291,791
220.511'
416,962
344,901
473,262
474,533
296,898
988 996
29,807
5-2,('40
Main
Latest «ro88 Earnings by
371,768
254,553
537,143
25,489
Line.
Weeks.—The
week
of
show
June 59 roads have reported, and they
same week
in the aggregate 9-39 per cent gain over the
last year.
1890.
\st v>eek of .Tune.
1889.
Roads J'tly owned
Burlington
Chicago
C.
St. P.
4,695.617
678,322
178.10(1
& No.
147,600
45,101
78,306
62,923
66,393
31,701
14,729
225,825
&K.
City.
ChicagcA West Michigan.
Cincinnati Jack. & Mack.
Cin. N.O.
&T.
P. (5road.s).
Col..
&
Cleveland Akron
Cleve. Cin.
Chic.*8t.L
..
Colorado Midland
Col &Cin. Midland
Detroit Lans. & North.
Duluth 80. Sh. & Atlantic
East Tennessee Va. & Ga.
.
Flint
&
.
Pere Marquette.
Florida Central
&P
Grand Rapids & Indiana.
Cincinnati R.&Ft.W...
Grand Trunk of Canada.
Chicago & Gr Trunk.
.
Detroit Gr. H.
&
Kanawha & Ohio
Mil...
Kansas C. Mem.
Blrm.
Reokuk <& Western
»St
Kingston
Little
&
Pcinliroke
..
Rock & Memphis..
Louisv. N. 0. Ji Texas
Memphis & Charleston. .
New London Northeru...
OgdensI). ife Lake Cham..
. .
Ohio River
Ohio Val. of Kentucky.
Rio Grand Western
St. Joseph & Gr. Island.
St. L. Alt. & T.H. Brches
San Antonio & Ar. Pass.
Scioto Val. <fe New Eug.
Seattle L. 8. & Eastern.
Toledo Peoria & Western
.
.
Total (91 road8>
8,889,561
Setlncrease.l5-25p.
c.)
&
Ohio Southw
Buffalo Roch.
&
411.688
Pitts.
.
46,602
.
Canadian PaniUc
Chesapeake & Gliio
Chlcapo & AtUmtic
Chicago & East. Illinois
Chicago Mil. & St. Paul..
Chicago 8t P. & Kan.
Chicago &. W. Michigan.
Cincinnati Jack. & Maik.
Colorado Midland
Col. & Cin. Midland
Denver & Rio Grn ndc
Detroit Lans. & North
Doluth 8. 8. & Atlantic.
£Jvans. & Indianap
..
Evans. & Terre Haute..
Grand Rapids & Indiana.
Cincinnati R cfe Ft. W..
Other lines
Grand Trunk of Canada.
298.000!
136.842
38.659
50,6.58
.
480,500
92,045
30,060
1 2,8e4
40,600
5,056
C
171,50(1
. .
21,558
56,199
4,718
17,330
47,176
7,838
.
.
4186
368,157
26,972
52.5H4
355,480
47,111
8.932
103.967
lowi. Central
X,ake Erie & Western
Louisville .fe Nashville...
Louisv. N. .\lh. & Chic
Louisville St. L. & Texas
.
.
Mexican Central
Mexican National
Milwaukee L.8h.* West..
Milwaukee *. Northern
New York Ont. & West.
Norfolk &. Western
60.2J7,
8J.670
28,600
38.328
114,071
.
-
Northern Paoitto
Ohio <Sr Mississippi.
Ohio River
Ohio Val. of Kentucky.
Peoria Doc. & Evans
Pittsburg & Western. ..
Rich. & Danv. (8 roads)
Rio Grande Western
Bt. Louie Ark. & Texas.
Sam Antonio & Ar. Pass.
Setattle L. 8. & Eastern
Texas & Paciflc
ToledrAnu A.cSt No.Mlch.
Toledo Col. & Cincinnati.
Toledo & Ohio Central.
Toledo St. L. & Kan. Citv.
417,983!
85,875
13,121
4,768
.
13,857,
40,297,
211,275
.
.
of
May
17.
1890
9.170,
.
103,763
20,880
5,620
32,032'
.
Wabash
(con-sol.
system).
Western N. Y. & Penu. ..I
yheellng Ai Lake Erie ...
Wisconsin Central
I
'
TotaM59
road^)
(9-29 p.
Set increaoe
..'
c.)-'
288
'i'2i706
4,734'
8.037|
567
"'i',242
31,050
213,980
4,682.
96,565
14,514
4.530
25,2271
15,043'
Aggregate total. ^pr. 3,261,793
42,578
Cape F. & Yad. Val. May.
213,984
Jan. 1 to May 31
594,000
Chesapeake & Ohio .Apr.
Jan. 1 to Apr. 30... 2,323,000
July 1 to Apr. 30... 5,800,235
243,885
Chicago & Atlantic. Mch.
672,080
Jan. 1 to Mch. 31...
July 1 to Mch. 31... 1,996,961
274,325
Flint <& Pere Marq-.Ajir.
Jan. 1 to Apr. 30... 1,049,160
Apr.
47,499
178,517
Jan. 1 to Apr. 30...
Apr. 1,000,316
Jan. 1 to Apr. 30... 4,165,413
July 1 to Apr. 30 .11,438,104
1,461
25,646
31,354
408
2,684
2,188,
1,444'
I
4.775;
74,860
8.099
23,516
*,425,881
4,049,600
449,838
::::;::
485
1,570
6,988
4,748
1,550
2,326
4,720
188
......-•
1,641
1,709
993
1,353
42
1,725
1,805
2,922
23,065
8,367
148
7,123
565
6,138
1,044
78,866
will appear
June
21,
Net Earnings,—
1889.
1890.
$
717,960
2,876,056
8,490, >; 15
S
541,121
1,684,915
'36,400
376.2.84'
17,863
29.389
73,819 def 1,732
145,465
558.984
747,319
2,949,875 1,683,173
8,636,280 5,978,589
423,149
152,918
160,956
1,688,870
771,218
668,308
126,155
34,211
549,301
187,129
170,927
2,836,415
934,478
729,911
30,805
16,217
12,107
160,897
89,523
73,698
407,000
109,900
33.000
43 4,000
1,714,000
274,000
4,407,818 1,527,696
887,206
202,113
60,763
40,119
533,826
143,576
62,473
1,682,832
549,243
288,172
201,628
75,589
63,653
811,762
295,701
239,042
40,576
16,242
18,809
151,159
68,021
00,106
913,079
198,271
157,805
3,652,793 1,032,131
699,013
10,330,995 3,308,906 2,390,804
Chicago Rock Island & Paciflc Railtray.
(For the year ending March 31, 1890.^
The annual report in pamphlet form has come to hand,
and many particulars covering the year's operations will
be found in detail on a subsequent page which could not
be condensed in this column. Owing to the fact that the
3,246 earnings of the western system of roads controlled was only
brought into the statistics last year, it is impracticable to make
any satisfactory comparison of figures further bask than that
year. The comparison for two years compiled in the usual
form for the Chronicle is as follows
OFERATIONS AND FISCAl. KE9DLT8.
:
Miles operated
16,007j
24.033
98,376
275
2.732
23,319
40,468
19,146
3,971
12.532
ANNUAL REPORTS.
36,690
6,248
13,777
7.414
70,400|
463,458
Ohio River
7,903
4,703
234,078
40,000
15,334'
&SauFran.-Apr.
Jan. 1 to Apr. 30... 1,881,443
156,517
R'dsj'tly owned. i^.Apr.
619,975
Tot. St.L.& S.F.svs.Apr.
Wabash
21345
,
4,397
7,713,636, 1,254,791
1.175.925
1889
.
9.145
645,
811'
1,366
2,893
8,970
6,337
14,011
4,488
7,198
6,366
1,090
6,805
25.1.54
Apr.
Atchison's half
158,524
128,254
524.003
Jan. 1 to Apr. 30...
497,419
July 1 to Apr. 30.
1,229,662
Atchison system.. Apr. 2,041,818 2,287,111
Jan. 1 to Apr. 30.
9,767,435 8,086,131
July 1 to Apr. 30... 25,475,095 23,2;i0,204
St. L.
7,026
3,266
5,421
52.880
26,738
3,371
102,250
5,935
10,001
60,513
33.582
10,829
13,195
11 593
3,109
34,475
24,441
27,498
31.150
17.515
7.017
20,533|
The next
.
6,41';
59,217
40,749
954
12.3.J3
307,470
63,271
16.068
6,602
21,987
8.706
6,040
Roads.
$
Atch. Top. <feS. Fe.-.Apr. 2,483,294 2,1.58,857
Jan. 1 to Apr. 30... 9,243,431 7,588,721
July 1 to Apr. 30... 24,215,433
6,435
"9,456
4,786
54.964
361,147
57,653
9,508
26.502
52,388
141,270
60.755
23.641
57,099
11,563
Cross Karnings.
Decrease.
"35,406,
43. ,543
4,081
Vet Earninirs Xonthir to Latest Datf 8.—The table followshows the net earnings reported this week. A full detailed statement, including all roads from which monthly returns can be obtained, is given once a month in these columns,
and the latest statement of this kind will be found in the
1,223!
201,825'
21,775'
77,077
ing
2,408
12,19 4
27,000
39,423
26,550,
$
608.683
211.407
4,085
30,500
Roads jointly owned:—
Increase.
38,280
34,408
271.000
97.419
37.436
50.223
486.917
56,645
23,034
9.018
35,179
6,244
158.800
16,824
48.162
5,285
16,088
38,031
7,193
3,315
366.791
24.079
43.594
334,133
39,208
4.229
140.657
06.485
74,893
21,186
36,867
88,423
386.629
85.267
10,437
2,580
12,413
19,091
Decrease.
1
1
.
Bait.
4.5,836
49.182
83.092
63.877
121.357
44.056
18.100
328.075
23.026
386.301
62,050
9.783
29.234
75,707
181.738
79,901
27,612
69.631
12,048
6.632
374,458
68,019
17,618
8,928
26,707
8,894
4,405
11,710
01,306
34,935
10,871
14,920
13,401
6,031
57,540
32,808
27.350
38.273
18,080
13,155
21,577
^..
Rap.
Increase.
5,227.223
889,729
49,921
as
follows:
first
Roa<l8 j'flv owned ^i.
St. Louia Ji S.Francisco.
1889.
$
weekly earn-
summed up
ings in the foregoing table are separately
For the
Pre v'ly report' li i44 roadsl
At. Top. A- 8. F. & I'd roads
Chronicle
latest
1S90.
,282,880
Including now the lines controlled, formerly reported separately.
Mexican currency.
May
ith week of
326,984
450, 153
339, 405
132,721:
3.59,878
Man.Al.A Bur. .March
Joint.own'd.12 narch
Grand total. March
J
6,891
17,121
103,763
20,880
5,620
32,032
8,924
21,577
31,050
2,200
1
Tot. cont'lod March
Montana Un.. March
Irfsav.Top. & 8. March
*
308,'242i
153,381]
85,433;
107,562
89,600
73,591
94,987
May
Apr
256,415
317.868
387.293
34,456
167,356
484,146
181,9631
4thwk May
IstwkJ'ne
Or.By.&N.Co. March
VaIle.Y
264,584
489.7 17|
434.201
34,833
482,109
589, ,058
3,942, 268 3,,781, .565
9,573, 698 10,,079,178
3, .850,568 3, 745,318, 13,515, 966 13,,860,742
540,299
May
Or.S.L.&U.Sr. March
erjnont
Wabash
301,364
86,504
434,023
16.162
182,376,
April
80. Dlv.
April
Arizona Div.. April
NewMex.Dlv. April
Btatcn I. Kap.T. May
Bnmmit Branch. April
Lykens Valley April
Tal.A CooRiiVal. |May
Tenn. Midland.. iMay
Texas &Pacitio. Istwk J'ne
ToI.A.A.AN. M. IstwkJ'ne
Tol. Col. &an.. Istwk J'ne
Tol.<fe Ohio Cent. iBtwkJ'ue
8t.Jo.<S:G'(lIsI.
For the 4th week of May our flual statement shows 15'35
per cent gain for 91 roads
:
17,515
70,947
12j,390
14,189
458,494
13,497
123,308, 1 18,951
961,660 973,306
|2, ,888,908 2, 772,012
(Cal.)
(Cal.)
Tol.&So.Haven.
Union Pacific—
1889.
I
Paciflc 8,v8tcin April
Total of all.. April
Bo. Pa<!. RK.—
Tol. P. & West..
Tol. St. I-. & K.C.
Latest Date.
$
11,046!
N. Y.T.&Mex. AprU
Tex. & N. url. April
AfJantic sys'm April
ToI.&O.Cen.Ex.
to
1890.
i
110,00(1,
.
Ko. Div.
Jan. 1
1889.
[Vol, h.
20,098
73,554
Operattons—
Passengers carried
Passenger mileage
Kate per passenger per mile
Freight (tons) carried
;.
I"reight (tons), mile*
Average rate per ton per mile
•Co.'s freight not Included.
1889-90.
3,257
3,339
4,308,640
4,442,167
184,801,403
195,630,821
2-277 ct«.
2'274ct8.
5,578,960
6,025,835
.i»....> 1,035,998,858 1,157,420,250
tp 97 ctg.
102 cts.
,.
Tnclndes lines east of Mo. Elver only.
.
t
1888 89.
JCNB
THE CHKONICLR
14, 1890.]
Eamingt—
PansenKer
188«-S(>.
$4,3aH,.')02
FreiRlit
Mail, exiiress, rents,
10,018.370
1,200,575
&0
Gross earnings
Operating expeuses
1880-00.
MfiV.\,H'ii
il,8i!H,7«4
1,100,445
$10,573,447
I2,086,000
Neteamlngg
^117,030.001
12,476,007
$4,487,447
72*92
Percent of oper.itlug expenses to earns.
$5,103,904
70"72
Kansas
&
Carried forward
1890-00.
$6,103,!)1»4
Ul,:i'>0
35,050
1,200,040
Nebraska interest
$6,500,034
DUbu rsein cnta—
Rent leased roads
Interest oil debt
Missouri Kiver bridges
Dividends
Bate per cent
1,784,024
$6,431,382
$49,552
,
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR,
1886-87.
1887-88.
$
$
1888-89.
Advan.toC.K.&Neb.
Material.^, fuel. &c...
Cash iindcasli items..
8l,743jll3
Total assets
Liabililits—
Stock, foimuon
Bonded debt
1880-90.
$
61,712,757
12,821.397
7,786,242 21,185,735
685.452
785,767
2,739,600
3,731,981
65,272,805
0,126,144
27.167.030
1,243,176
1,449,538
$
liabilities..
81,743,113
9,12<i,l;i3
2S,134.3!)7
806,545
1,.525.50S
$
$
41,960,000 46,15(5,000 46,1.56,000
20.360,000 41,400,000 47,720.000
8,213,000
8,213,000
Addifiiandimp. acct 8.213,000
789,036
1,954,366
1,700,948
Accounts payable....
564,850
20,000
Unused pi-eraiums....
856,227
1,441,980
467,745
Income account
Total
$
06,243.019
99,243,340 104,257.693 105,836,552
$
223,1>75
46,156,000
40,787,000
8,213,000
1,103,233
517,207
99,245,346 104,257,693 105,836,552
Canada Sontliern Railivay.
gis ,000)000
...'
mortgage bonds
mortgage bonds Issued
Dividend No. 10, pay a Ic Feb. 1, 1800—
First
New second
Senii-aunual,
1
'4
..;
13,,tfii9,000
5,,100,000
,.•,
per cent
$187,500
150,000—
percent
Income account.
837..500
220,045
. ,
Total liabilities
$34,590,146
GENERAL INVESTMENT NEWS.
4
Aisets—
1,370
833,560
$.14,500,146
Capital stock
1,846,228
EE.,bldgs.,cquip..&e. 60,870,380
Stk8&l)d9,ow\l,cost. 8,660.038
66,8M
.,,,
,..t
LUMUtle*.
2,625,5.')0
103,.')80
Total disbursements
Balance, surplus
$2,800,97S
.'.'.
Other iurestments
Bills and accounts receivable
Dne from Michigan Central BB. Co.....
Cash
Kxtra,
Total Income
^t.i66fil4
First mortgage bondsCanada .Southern Ilrldge Co
$1,000,000
Toledo (^'unada Moiithirn & Detroit By. Co... l,.50ff,7.17
Michigan .Midland * CaiiMla RR. Co
323,035
Sarnia Chatham ti Erie Ry. Co
60,000
^t.
Total assets
INCOME ACCOUNT FOR 1889-90.
Kefeiptf—
Not earnings
From land department
Premium on bonds, &o
Clilcago
838
Baltimore ft Ohio.— There has Ijeen so much published
about the B. & O. deal that it is difficult to sift out the truth.
It appears that the syndicate for which Mr. E. R. Bacon acted
purchased the 32,500 shares owned by the city of Baltimore
and 9,686 shares of preferred stock owned by the State. This
latter stock they traded for John Hopkins' common stock on
certain terms, not yet known. The syndicate, it is said, has a
written agreement from the Garrett interest!) to vote with it,
and thus control the .Baltimore & Ohio Company, but they
have no option to take the Garrett stock. It is not precisely known who constitute the syndicate, but the liest
reports name leading Baltimore & Ohio fiartiea in Baltimore
and some of the Richmond Tenninal parties in their individual capacity. Whether part or all of the syndicate holdings
will Ije purchased by the Terminal Comfianv cannot be stated
at the present moment, but it has been reported with much
semblance of truth that the Terminal Compauy would soon be
offered the privilege of purchasing a certain auioimt of this
B. &. O. stock.
Tlie largest rumor of all has included in the combination
not only the Richmond Terminal and Balti-nore & Ohio, but
also the Jersey Central and Reading; this prediction, however, has probably arisen from a laudable desire of the reporter to be in time, and to embrace in his horoscope all the
year ending December 31, 1889.^
The report of this companv, just issued, has the following
remarks of Mr. C. Vanderbilt, President: •' During the y<ar this
company effected a lease for fifteen years of the Ceamington & possibilities of the future.
St. Clair Railway, a road of about fourteen miles of main track
Called B'jnds. ^Tbe following bonds have been called for
extending south from Comber, on this company's main hne,
through a good farming region to Leamington, a prosperous payment
Oregon & Teans-Continkntal.— 1st mortgage trust 6 per
town situated on the shore of Lake Erie. The rental to be
paid is $6.0u0 per annum for the first five years, and §6,600 cent bonds of 1832, due 1922. The whole issue will be paid at
per annum for the second five years and $7,200 per annum for lOo and interest on November 1, 1899. Sse notice of privilege
the third five years but this company has the option of pur- offered to bondholders in the advertising columns.
chasing tlie road and property of the Leamington & St. Clair
St. Louis & San Francisco.— Saven par cent equipment
Railway Company at any time during the fifteen years, for bonds of 1830, due 1895. to be paid at 103 and interest on Dethe sum of $135,000, or its equivalent in bonds acceptable to cember 1, 1890, 40 bonds of $1,000 each, viz.:
that company." * * • »
Nos 103.115,117,141. 151, 162, 163, 183. 2 19. 253, 313,319,325,
" Early in July last a consolidation was effected between 333,334, 336, 311. 407,439, 457,471, 484. 5:J6.
500, 537, 551, 3.58.
624.
635. 636, 681, 683, 601, 72 4, 732, 781, 804, 875, 933, 1H2.
this company and the Erie & Niagara Railway Company, in
accordance with legislative powers previously acquired, and
riarinila Branch.- The Clarinda Branch of the St. Louis
of the action taken by the shareliolders of the two companies Kansas City & Northern, 21 miles long, which the Wabash
This
company
has
for
many
meetings.
at their last annual
leased, has ceased to exist. The Burlington & Quincy paryeai^ owned the whole of the mortgage bonds, and substan- alleled the road, and the bondholders of the Clarinda met on
stock
of
the
Erie
Niagara
capital
&
whole
the
tially the
of
Wednesday at 68 William Street and decided to abandon the
Railway Company, and the properties of the two companies road and divide the assets, including the proceeds of the rollhave been inseparable and practically indistinguishable, par- ing stock and old iron, which may amount to $12 per bond.
ticularly since the construction of the cantilever bridge and
Colninbns & Hochin; <*onl. — This company will issue $500,of the Welland cut-off, by which our main through route to
and from Buffalo was established by the way of Niagara Falls. 000 of preferred stock, for which purpose the books of the
StockholdThe consolidation is, therefore, more in the line ot simplify- company will close June 23, and open on July
CFor
the.
—
;
.'5.
ing accounts than of changing the actual status of the properThe effect of this is shown in our general balance-sheet
ties.
by the disappearance of the $600,000 of bonds and the $100,000
of stock of the Erie & Niagara Railway Company from the list
of investments in proprietary lines, and their re-appearance in
the form of an addition of their sum to the cost of construc-
and equipment."
The income account
tion
"
for three years
was
as follows:
(B
jQ
Net earnings..
Other income.
Old accounts..
Total net
Dividends
Balance
Previous surplus
1889.
1888.
1887.
jK
339,101
11,732
407,444
350,893
540,.552
(2>a%.) 375.000 (2>a%.) 375,000
434,643
(.3^%.) 525,000
540,870
5,682
19,533
7,666
....;....
—
Fitchbnrir. The directors met in Boston knd declared a divi*
dend of 2 per cent. The attorney of the company made a
motion before Judge Holmos that the Supreme Court authorize the directors to withhold a dividend on 10,000 shares of
stock apportioned under the consolidation arrangement to
Troy & Boston Railroad stockholders. The court denied the
motion.
flint
April,
Sur. 171.552
Surplus
Old accounts paid
Balance, sunilus..
Def.
230,381
24,107
406,901
Def.
90,3.37
319,401
229,044
1,030
382,794
63,393
406,903
319,401
229,044
407,933
CONDENSED BALANCE SHEET DECEMBER
Anett
$28,172,497
stock —
Canada Houthern Bridge Company
Toledo Canada Southern & Detroit Ry. Co.
Michigan Midland & Canada BR. Co
Sarnia Cliatliam i Erie By. Co
Kiagara River Bridge Co
^..^r,,^
. .
*J-'2'22S
I,547,6fl2
'^^i'^3S.
S2'2xr
700,000
—^^
^^^—
^„
„
.„_
*,993,5P i
ft
and
Pere Jlarqu-itte.—Tlie earning', chargee, &c.. for
mantln to April 30, were as follows
for four
April.
1889.
Gross earnings
Operating expenses
$201,628
137,976
,
1890.
$274.:)25
—Jan.
:
1
to
1889.
April .30.
1890.
—
198,736
9811,762
572,720
Interest charges
*63,a52
28.750
$75,580
45.073
$239,012
121,550
$295,701
178,585
Balance.
$34,901
$30,516
$117,492
$117,116
Net earnings
$1,049,160
753,469
Assinnec's Itfport.— The report of Francis Lynde Stetson, E^., assignee of Ives and Stayner, says of the assets that
the securities in the h?ndsofthe ai>3iguee consist of various
stocks and bonds and equities of redemption in outstanding
loans, which, tbgether with the claim to recover from Robert
Garrett some it200,000 in money and 15,300 shares of so-called
preferred stock Cincinnati Hamilton & Dayton Railroad Company, and some small item^ of ncminal value, make up all the
remaining assets of ;he estate.
Ivet.'
31BT, 1889.
C instruction and equipment
C ipital
ers of record at the closing of the b.ooks will have the privilege of subscribing for the said preference shares, upon the
terms and conditions stated in the company's printed circular
of June U, 1«*90.
THE CHRONICLE,
%^4
The referee determines that the only value to the Ives estate
Company- has
of the asset! for which the Mineral Range
trought suit is what can be obtained for them by way of compromise, which is $75,000.
^ „,
r, •,
The 35,000 shares of the Dayton Fort Wayne & Chicago Railper
of
value
a
$1
road Company's stock are found to have
be obtained for
share, which is the highest sum that can now
.
of the
The referee finds that the so-called preferred stock which
Dayton Railroad Company, of
Cincinnati Hamilton
shares and
the assignee holds certificates representing 600
representRobert Garrett 15,800 shares more, the two together
and cannot be
ing a par value of $1,640,000, are of no value
Cincinnati
enforced in the hands of the assignee against the
Hamilton & Dayton Railroad Company.
&
Lake Erie & Western.—An extension
is
to be built at once
to a point on the Indianapolis division, a distance
W. a direct Une
of about 40 miles. This will give the L. E.
from Indianapolis to Sandusky.
from Muncie
&
" Tlie
Lehigh Valley.—The Philadelphia Jngwtrer reports
Lehigh Valley Railroad has given out the contracts for the
will
construction of the Geneva & Buffalo Railroad, which
will be
furnish an independent line to Lake Erie. The road
double-tracked and built in a most substantial manner and is
The work is not Particuto be finished in a year and a-half
and there
larly difficult nor expensive, the country being open
being but one large bridge on the route. It is also proposed
just north
to improve the line the hne from Van Ettenville,
adverse
of the Pennsylvania line, to Geneva, so as to avoid the
grades near Ithaca. The company is hlso pushing work on the
road from Roselle to Jersey City, and expects witliin two
years to have a line of its own from New York to Buffalo.
:
.
New York Central & Hudson River.—The Board of Direc
New York Central & Hudson River Railroad Co.
tors of the
have authorized the issue of $15,000,000 4 per cent, gold, debenture bonds, interest payable June 1 and Dec. 1, principal due
The object of this issue is to provide for the expenses
ot the depression of the tracks in the annexed district and
these of the Port Morris branch of the Harlem Railroad,
and other extensive improvements connected therewith,
including the elevation of the Harlem River bridge and approaches thereto, as may be required by law ; the laying of a
third track on the Hudson River Division from Sing Sing to
Spuyten Duyvil; and the depression and elevation of tracks to
avoid grade crossings, and the other terminal improvements
contemplated during the next two years at Buffalo, and now
partly under contract. In addition to the above, contracts
nave been made for very large additions to the rolling stock
and motive power of the company to meet the increasing requirements of the business. It is not anticipated that these
bonds will all of them be sold, or the proceeds required under
three years. A sufficient amount of them, however, has been
taken by Messrs. Drexel, Morgan & Co. to meet the requirement of the current year.
N. T. Stock Exchange— New Securities Listed.—The Governing Committee have listed the following:
Long Island Saii.road Compasv.— An additional $173,000 oonaolidatcd 5 per cent gold bonds, niaklnc amount listed i?3,610,000.
Chesape,vke & Ohio Railway— (Richmond & Ai.i.fXiii\Nr).— An adin 1905.
Louisville Southern.—The Chronicle reported several
weeks ago, on good information, that the East Tennessee party
would obtain control of this road. The company has been in-
volved in difficulties with the L. N. A. & C, formerly its lesbut there seems little reason to doubt that the road will
come under the East Tenn. control.
The President of Louisville Southern, Mr. Theodore Hams,
see,
in his recent report, after referring to the lease made to
C, says "The new directory assumed conthe L. N. A.
Chicago Railtrol of the of the Louisville New Albany
road Company, the other contracting party. And, whether
rightly or otherwise, they disavowed all obligations to us respecting the Lexington extension ; and as to the main stem,
regardless of the stipulations of the lease tliey had accepted,
&
demanded
:
&
ot us
" First, reduction in the rent.
" Second, payment to them of an unknown sum for wrong
and
divisions made by their own people of freight earnuigs
"Third, repayment of unstated sums expended by them in
improvement of our roadbed.
" As to the first of these, compliance was impossible, even
though we were willing, because in that event the rent would
not have paid the interest on our bonds.
" As to the second, we know nothing of those wrong divi
B'ons, if ever they had been made,' and theretofore had not
heard of them.
" And as to the third, their obligation was to keep the road in
order, and all improvements they had made had already been
charged up against the receipts, and we had already paid for
them. We, therefore, in our opinion, owed them nothing.
On the other hand, they owed the L. & S., as claimed by the
:
;
,
President, several sums of money, and also for failure to keep
track and road-bed, as per report of Messrs. John MacLeod,
of Louisville, and G. Bouecaren, Consulting Engineer, of Cin" also for failure
cinnati, one hundred thousand dollars
I. Bridge Comto comply with our obligation to the K.
pany for the use of terminal, which they had assumed and
charged us with, but which they had not paid. All of this
wiU be, as we believe, shown by us in the approaching trial.
" Seeing they were resolved to abandon a portion of our
property, and for a time at least retain the other, we asked
them to return it and allow us to separate in peace. This request, however, was refused. Still later, notified by them that
they would no longer operate the Lexington extension, a portion of our road we could not reach without the other, and believing that the remainder, if left with them, would not be
operated in the interest of its owners, we saw no course left
open to us but to take possession of our property and operate
This we did on the morning of the 38f.h of
it ourselves.
up
;
&
March."
—
[Vol, L.
$1,000,000 first consolidated 4 per cent bonds, being those set
aside to take up mort!?aKe note matured June 1. The total issue is only
$0,000,000, and an additional $1,173,000 (C. & O.) first consolidated
moi-teage .t per cent, maliinK amount listed $20,868,000.
E\ST Tennessee Virginia & Geohoia Railway Company. —An additional $3,010,000 first mortgage 5 per cent gold bonds, making amount
listed $1,740,000.
^
,
^
^
Norfolk & WESTEnN.— An additional $2,000,000 preferred stock,
making amount listed $24,000,000.
dltion.ll
Richmond & West Point Tek.minal Railway Company.— An additional $19,397,000 of common stock, issued for the purpose of paying
floating debt and the purchase of East Tennessee Virginia & Georgia
stock, etc., making total amount listed $70,000,000.
Atchison Topeka & Santa Fe Railroad Company.— An additional
«17,()67,200 of capital stock issued for the pnrposo of acquiring the
control of the 8t. Louis & San Francisco Railroad. Autliority is given
to the committee on stock list to add a further amount up to a total of
S27.000.000 additional as it may he issued for the purpose named.
The capital stock, with the total addition of $27,000,000, wUl be $102,000,000.
New York &
Western
_
.„
Railroad Company.— An
Pennsylvania „
additional $250,000 first mortgage gold 5 per cent bonds, making
amount listed $8,950,000.
,
. ^^^ ^^„
The Brcnswick Company.- Capital stock, .$o.000,000.
Louisville Evansville & St. Louis Railroad C()MPASY.--First
consolidated mortgage 5 per cent gold bonds, duo July 1, 19d9,
$3,793,000 preferred itock, $1,300,000, and common stock, $3,790,.
;
747
Peoria & Eastern Railway Company (Ohio Indiana & Western
reorganized)— First coBsolldated mortgage 4 per cent bonds, due April
income non-cumulative 4 per cent bonds, duo
1 1940 $S 103,000
April 1.' 1990, fl.OOO.OOO; and capital stock, $10,000,000. The Ohio
Indiana & Western securities will be stricken from the list July 1.
;
& Western.—This company has made an important
own interests in acquiring possession of the Scioto
& New England Road (formerly Scioto Valley), which
Norfolk
deal for
its
Valley
will carry its lines to Columbus, Ohio, as soon as the connection to fronton is finished—the distance from Ironton to Columbus is about 133 miles. President Kimball's circulasto
the Norfolk & Western shareholders says
" The physical condition of the railroad is remarkably good,
and it has low grades and light culvature. It owns very valuable terminal facilities in the City of Ironton, including tracks
into all the furnaces and manufacturing establishments in
that city, and it crosses and connects with the systems of the
Pennsylvania Railroad, the Baltimore & Ohio. Cincinnati
Hamilton & Dayton and Ohio & Northwestern railroads, as
well as making numerous other important connections its
acquisition will therefore not only save to your company a
considerable expenditure f»r construction and terminals at
Ironton, but also secures connections with not less than fifteen railroads for interchange of traffic.
"Work upon your Ohio Extension, including the bridge over
the Ohio River, is rapidly progressing it is expected that over
50 miles of the line will be completed during the present
year, and the remainder during 1891, when a juuction with
the Scioto Valley Road will be effected.
" Your directors have for several years appreciated the importance to your company of the acquisition of this property,
anticipation of which the property has been carefully
studied by your General Manager, Chief Engineer and by myAn examination by your Treasurer and Comptroller into
self.
its financial condition has just been concluded.
" The information thus obtained justiSes the opinion that
the property, which when entirely absorbed will cost your companv, as near as may be, §3,000,000 of your preferred shares,
will" from the start earn beyond its fixed interest charges
of 8200,000 per annum (which your company will assume) in
excess ot the present rate of dividends on your company s pre•.
;
;
m
Mexican Central. In Boston, June 9, the directors of the
Mexican Central Railroad voted to pay 3 per cent full interest
on the first incomes July 1. The balance of the surplus of
1889 was appropriated for equipment, all of which has been
ordered and part of it already delivered. The directors reelected Mr. Wade President, and also re-elected the other ex- ferred shares issued in payment.
" The railroad acquired serves a territory containing many
ecutive officers. The matter of the disposal of the subsidy was
Its present annot discussed.
local industries, and capable of development.
nual earnings of about §5,000 per mile are entirely from local
MllTvankee & Northern Wisfousin Central.— The report
sources. Your present system is earning at the rate of about
iz confirmed that the Wisconsin Central is negotiating for the
§10,000 per mile, and it is believed that tlie earnings of the
purchase of the Milwaukee & Northern. The Wisconsin CenScioto Valley Road will within a very short time after the
tral people have obtained an option on the stock, and if the
completion of the Ohio Extension be equally large, and the
deal is consummated it will be within a few weeks, as the
profits thus accruing to j our company through its possession
option expires in that time. The Milwaukee & Northern has
the Scioto Valley Railroad be very substantial."
'MO miles of road, on which stock and bonds are issued at the of
rate of ?17,000 a mile. The terms offered are not reported,
Oregon & Trnns Continental.— Notice is given that the
and rumors as to the price are not reliable.
Oregon & Trans-Continental Company intends to redeem.all of
.
—
June
TEGS CHBONICLE.
14, 1880.]
outstanding first mortgage trust bonds on Nov. 1, 1890, at
105 per cent and accrued interest, in accordance with the
terms of the trust deed securing the same.
The company has for this purpose sold to a syndicate repreCo. the Northern Pacific
sented by Messrs. Drexel, Morgan
Railroad Company's consolidated mortgage 5 per cent gold
bonds set apart to take up the Oregon
Trans-Continental
bonds as above. The syndicate will make an exchange with
holders of the O. T. bonds, paying 105 per cent for the Oregon
Trans-Continental bonds against 93}^ per cent for the Northern Pacific 59, crediting and charging accrued interest to the
date of exchange, provided holders of Oregon
Trans-Continental bonds avail themselves of said privilege by jiresentiug
the
oflfice
for
that
purpose
at
of
Drexel,
their bonds
Morgiin &
Co. on or before July 15, after which date the right to make
such exchange will cease. The underlying bonds of the Nortliern
Pacific branch lines now held by the trustees of the Oregon
Trans-Continental bonds, when released by this operation,
will be deposited with the trustee of the Northern Pacific
Railroad Company's consolidated mortgage, thus giving to
the latter the benefit of all the security now held for the OreTrans-Continental bonds.
gon
ita
l^eportg
&
&
Th3 Board of Directors submit the following
year ending March 31, 1800:
Gross EariiluKs were
Oiieratiug Exiienses and Taxes
•
;
stock of the
new company.
Louis & Pittsburg—$(>6-m of pfd. stock of the
company for each $100 of old pfd. stock, and also $33-34
Chicago
St.
new
of common
new company
stock of the
common
;
•'
"
$17,e30,0SO'8gr
12,475,067 31'
38
91,390 00
1,209,64014
$5,1(1.3,003
net ca«h receipts of landaold
lutorent received from C, K. &N. Ry. Co
Premium on 5 per cent Bonds sold.
39,99000
Net iDcomc
$0,900,033 72
From tills amount has been paid—
For Intercut on Bonded Debt
&
;
report for the
Net Earnings
Add
&
—
BatvLxatnXs.
TENTH ANNUAL REPORT OF THE DIRECTORS TO THE STOCKHOLDERS, FOR THE YEAR ENDINU MAHCU 31, 1890.
&
:
and
CHICAGO ROCK ISLAND & PACIFIC
RAILWA Y CO MPANY.
&
Pittsburg Cincinnati Chicago & St. Louis.— The Penn. Co.
has made known the terms of the agreement of consolidation
of the railroads of the Southwestern system into the new
company, which will be known as the Pittsburg Cincinnati
Chicago & St. Louis Ry. Co. The capital stock of the new
company is to be issued in exchange for the outstanding capital stock of the constituent compemies on the following basis
Pittsburg Cincinnati & St. Louis One share of the pfd.
stock of the new company for each two shares of 1st. pfd. or
of 2d pfd.
one share of pfd. stock of the new company for
two shares of common stock in payment of accumulated and
unpaid dividends on 1st. pfd. stocK, par for par, in common
836
"
"
"
Koutala of I.imsod Lines
Rentals and ToIIk Mo. River Br'Kes.
DIvldeuds ou Capltul Btook
$2,029,990 00
l,78t,02(40
199,980 30
1,840,22801)
491,382 76
Leaving Surplus for the year.
$49,990 90
The Capital Stock and Bonded Dsbt of the Company
follows:
Capital Stocklssued
Fractional Scrip conveitlble Into Stock
Hlx per cent MortKa(rc Bonds
Five per cent Extension and Collateral Bonds
Seven per cent C. & S. W. Bonds, Uuarauteed
is
as
00
20000
$10,199 800
12,500.000 OO
32,2^7,000 00
5,000,000 00
Main Line and Branch Railroads owned, leased and operated by the Chicago Rock Island & Pacific Railway Company, at date of this report, are as follows:
LINES OWNED.
stock, par
itaet.
for par.
to Council BluITs, Iowa
D,ivoni>ort, Iowa, to Atchison. Kan
Atchison June, Mo., to Leavenworth, Kan
Wiisliinnton, Iowa, to Knoxvillo, Iowa
South Englewood. 111., to South Chicago, 111
Wilton, Iowa, to Muscatine, Iowa
Wilton, Iowa, to Lime Kiln, Iowa
499-20
342'40
21-50
78-10
stock.
7-50
12
Pittsbnrsr Akron & Western. Work is being pushed on
6
this Une.
The widening of the gauge on the old road between Newton, Iowa, to Monroe, Iowa
17
Delphos and Carey-has been finished,and it is expected to have Dcs Moines, Iowa, to Indianola and Wlntorset, Iowa.. 46-90
14-50
the line completed through to Akron before the end of the Mcnlo, Iowa, to Guthrie Centre, Iowa
29-30
year. The reported sale this week to this company of a small Atlantic, Iowa, to Audubon, Iowa
14-70
Atlantic, Iowa, to Oriswold, Iowa
road in Ohio known as the American Midland is denied. The Avoca, Iowa, to Carson, Iowa
17-00
P. A. &W.,in connection with the Pittsburg & Western, Avoca, Iowa, to Harlan, Iowa
11-80
4-50
will give another Western outlet to the city of Pittsburg, via M t. Zlon, Iowa, to Kcosaufiua, Iowa
49-70
Mo., to St. Joseph, Mo
Kansas Altamont,
the Lake Erie
Western and the Toledo St. Louis
14-70
So. St. Joseph, Mo.,toRushville, Mo
City.
2-40
Kansas City, mo., to Armourdale, Kan
Rock Island & Peoria. At the annual meeting of stockTotal miles Owned
1,189-80
^
holders held at Rock Island, the following directors were
LINES LEASED.
George
W.
Cable,
H.
Cable,
B.
chosen for two years R. R.
40-70
June., 111., to Peoria, 111
semi-annual dividend of Bureau
Sudlow and George W. Dow, Jr.
162"20
Keokuk, Iowa, to Des Moines, Iowa
The
gross
earnings
July
1.
payable
113-70
per
cent
was
declared,
to
Fort
Dodge
and
Ruthvon,
Des Moines, Iowa,
Iowa..
2>^
439-54
of the road for the past year were $638,096; expenses, $464,964. Elwood. Kan., to Liberal, Kan
231-53
HerinKton, Kan., to El Reno, L T
49-30
Salina,
Kan
Kan.,
to
Herington,
annual
meeting
of
The
City.—
Toledo St. Louis & Kansas
508-65
Colo
Kan., to Boswell,
the stockholders was held at Toledo on the 11th inst., and re- Horton,
91"20
Fairbury, Neb., to Nelson, Neb
sulted in the election of the following Board of Directors: McFarlaud, Kan., to Belleville, Kan
103-98
20-64
Robert Harris, H. O. Armour, Charles F. Tag, Joseph S. Stout, Dodge City, Kan., to BuckUu, Kau
W. Howard Gilder, J. M. Quigley, J. C. Havemeyer, Robert
1,823-44
Total miles Leased
G. Ingersoll, F. L. Russ, of New York; S. R. Callaway,
TRACKAOE RIUHTS.
Clarence Brown, of Toledo; W. R. Patton and H. A. Neal, of
Over Hannibal & St. Joseph RR.—
Illinois.
The only change of importance was the election of
51-30
Cameron, Mo., to Kansas City, Mo
new members, Robert Harris, ex-president of the Northern Over Union PaclHc Uy.—
67-20
Kansas City, Mo^ to North Topeka, Kan
Pacific Road, and H. O. Armour, brother to P. D. Armour, of
89-20
Limon, Colo., to Denver, Colo
Chicago. Officers will be elected at a subsequent meeting of Over Denver & Rio Grande BR.—
the Board in New York next week. The fiscal year ends June
119-60
Denver, Colo., to Pueblo, Colo
30.
The gross earnings from July 1, 1889, to June 7, 139 ',
330-3O
Total miles Trackage Right
the previous year.
were $1,318,089, as against $705,564
3,339-94
earnings
for
over
which
trains
are
operated
net
mUes
of
Road
estimated
Total
The
Western Union Telegrapli.—
the quarter ending March 31, 1890, were $1,550,000; the actual
The Road is located in different States, as follows
The
were $1,554,153, or $4,153 more than the estimate.
miles in Illinois.
230
estimated net earnings for the quarter ending June 30, 1890,
•'
" Iowa.
1,066-10
286-70
HIssourL
compared with the actual results in the same quarter of 1889,
1,126-96
Kansas.
are as below given.
140-97
Nebraska.
Otuirfer ending June 30.
376-00
Colorado.
Estimated, isno.
Actual, 188».
106-79
Indian Territory.
$1,750,000
!t>l,4Ul,041
Net revenue
Chicago,
—
Madison & Indianapolis ?S0 of pfd. stock of
the new company and §50 of common for each §100 of old
Jeffersonville
•
—
111.,
&
&
—
:
A
i
m
:
.
,
Deduct—
lutercstonliouas
Siukiuglimd
$223,143
20,000
$189,402
19,991
$1,251,588
1,077,3S5
.$1,500,807
(li4p.c.) 1,077,390
Surplus for quarter
$174,203
Add nominal Buri)Ui8 March 31
8,397,198
$429,401
9,590,917
$8,571,401
$10,020,378
Less dirtUcua
(1'4P.
c.)
Nominal surplus June 30
Frotu the quarterly reports
issued approximate figures for the fiscal year ending June 30
may be computed as follows:
The Sun gives the foUowing:
Net revenue
Interest and sluklug fund
$7,320,073
955,091
1899.
$6,218,011
795,003
1888.
$5,070,571
530,258
Balance
Dividends
$6,304,982
4,956,001
$5,422,373
4,309,520
$4,540,313
4,043,949
Surplus
$1,408,978
$1,112,853
1890.
"
213,143
203,453
Net revenue
Add
„,„,.„
miles.
Equal to 4,083-84
of second track,
of side track.
of single track.
Statement showing the details of Earnings and Percentage'
compared with the proviou* fiacal
year:
of Operating Expenses, as
Sources of Jtccemte.
Passenger Transi>ortation
"
Freight
MaU
Express
"
"
Bents. Interest, Ac
Earnings from Car Mileage
•'
•
Tclegrai>h Hues...
Total Gross Earnings
'
$490,361
3,339-94
179-90
564-40
ilarth 31. 1890.
$4,613,8'"
2185
ii;828,79J 8S
300,168 -.lo
309.300 00
240,001 75
207,84K 42
7,128 74
.$17,039,000 89
Jliii-rh
31, 1889.
$4,358,501 64
10.918,:j09
5»
:!::9,3J2 7-*
27!->.«13 21
319,033 11
301,3:i9
S.-i7l
09
23
^ 1 0,573,4 6 64
1
Balance yet due from C. K. & N. Ry. Co. for Interest on
$279,141 31
Bonds, accrued during the fiscal year
THE CHRONICLE.
«36
EXPENDirnnES.
March 31, 1890.
$11,729,^47 74
745,419 57
Operating Expenses
THzea.
-- $5.1 63,993
Net Earnincs
PerceiitnKfof Operating Expenses to
Gross Karuiuga
Bamc, Includiug Taxes
3farf;i31.1889.
$11,437,982 fio
648,017 83
$4,487,440 16
.--.S
691 00%
'<>»'»
S5°
70
72 -a, 00%
-,oo%
PAseENGKR Earnings.—In comparison with the previoue
olyear Passenger Earnings show an increase of $255,330 21,
5 86-100 per cent, which is made up of an increase in eaxmngs
9-100
on business from connecting Imes of §88,345 82, or 10
per cent and an increase in earnings from business origmatmg
bn our own Ime of $166,974 89, or 4 79-100 per cent.
Total number of Passengers earned mcreased 138,5.37, or
8 10-100 per cent,
,
, ^„.
of first-class Passengers carried increased 126,cent.
per
97-100
661, or 2
„
The number of second-class and emigrant Passengers earned
cent.
74-100
per
15
or
increased 6,866,
The number of Passengers carried one mile mcreased 10,829,418, or 5 86-100 per cent.
^
^v
The average distance traveled by each Passenger during the
year ending March 81, 1S89, was 43 miles, and during the past
.
.
The number
.
.
year was 44 miles.
The number of through Passengers (Passengers delivered to
or received from conneeting lines) increased 4,258, or 1 91-100
per cent, and the number of way (local) Passengers increased
129,269, or 8 17-100 per cent.
the Passengers carried 2,252,401, or 50 71-100 per cent,
traveled West, and 2,189,766>^, or 49 29-100 per cent, traveled
East.
The rate per Passenger per mile for the year ending March
31, 1889, was 2 374-1000 cents, and for the year ending March
Of
all
LVOL.U
At Geneseo, 111., the Sheds at the Stock Yards have been
enlarged to the extent of 11,240 square feet.
At Eldon, Iowa, Coal Chutes, 27 feet by 136 feet, with 40
pockets, capacity 120 tons.
At Armourdale, Kan. New Grain Elevator, 36 feet by 96
feet, storage capacity 75,000 bushels, receiving capacity 30
cars and sliipping capacity 40 cars per day.
At Hutchinson, Kan., a Two-stall Engine House.
At Limon, Col., a Five-stall Engine House.
New Fencing, Crossings and Signs.—The several branch
roads owned and operated by this Company in the State of
Iowa have been fenced with the best quality of wire fencing,
aggregate length 347^^ miles.
Crossing Gates have been erected where needed at street
crossings in Chicago and other cities.
New Machinery for Shops. New and improved Machinery has been added to the equipment of the Chicago shops.
SIDE Tracks. Additional Side Tracks have been built aggregating in length 18 7-10 miles.
Second Track. The Second Track has been extended as
follows
,
—
—
—
From Sheffield to Annawan in Illinois.
From Davenport to Dale Siding in Iowa.
—
Third Track. The increased number of trains arriving and
departing at Chicago, requiring additional track facilities,
grading has been commenced for a Third Main Track between
Englewood and Blue
Island, lU., full
mention of which will
be made in next year's report.
JJew Equipment. Additional Equipment has been purchased as follows
Six hundred and fifty (650) Box Freight Cars, thirty-five
(36) Furniture Cars, three (3) Dining Cars, and two (2) Caboose
—
:
Cars.
Ten (10) new Locomotives, five (5) of which were charged
Equipment Account and five (5) to Repairs of Engines.
The Passenger Business at 259 stations shows an increase of The latter to partly replace thirteen (13) old and worn-out
$538,659 48, and at 248 stations a decrease of $283,339 27.
locomotives which have been cut up. Eight (8) others now
The number of Passengers carried during the year shows an being built at Company's shops to make the quota complete,
increase at 178 stations of 373,3171^, and a decrease at 323 sta- are being charged to Repairs of Engines.
31, 1890, it
was
2 277-1000.
to
tions of 239,9701^.
Freight Earnings. -Freight Earnings
for
the year in-
creased $910,424 80, or 8 34-100 per cent.
The Revenue from through Freight (Freight delivered to or
received from connecting lines) increased $33,841 19, or 43-100
per cent, and the Revenue from Local Freight increased $886,683 11, or 17 7-100 per cent.
Of the entire Freight Earnings, 48 59-100 per cent was from
Through Freight and 51 41-100 per cent from Local Freight.
The movement of Freight, as compared with the previous
year, shows an increase of 446,875 tons, or 8 1 -100 per cent.
Last year the rate per ton per mile over Lines east of the
Missouri River was 97-lOOc., while this year the rate for the
entire system
is 1
3-lOOc.
Gross Earmnqs show an increase of $1,065,614 35, or
6 43-100 per cent, and
Net Earnings an increase of $676,547 43, or 15 8-100 per cent.
Operating Expenses increased $291,665 09, or 2 55-100 per
cent.
$07,401 74, or 15 3-100 per cent.
Full details of the foregoing, as also. Statements of Assets
and Liabilities, Income Account, and valuable statistical
information, will be found forming a part of this report.
Taxes increased
The amount charged to Construction and
Account for the year is as follows
Equipment
:
For Land, Land Damages..
Engineering and Contingent Expenses
Masonry, Bridges and Culverts
Reduction of Grades, Filling Trestles and Changing
$48,407 17
9,590 35
20,515 28
7,690
76,321
61,506
5,449
134,640
155,800
Line
New Depots, Water Stations and Track
New Fencing. Crossings and Signs
New Machiuory for Shops
Scales
Additional Side Tracks (18-7 miles)
Additional Second Tracks (15-2 miles)
Grading for Third Track, between Englewood and
Blue Island
ImprovlDg Freight Terminal f acllities,X!hlcago
88
17
78
16
27
55
4,314 82
4,175 08
484,722 45
New Equipment
THE CHICAGO KANSAS & NEBRASKA RAILWAY.
For full particuluars in reference to these lines, see our last
annual report. The only addition made to the System during
the past fiscal year has been the extension of what is known
as the South (or Caldwell) Line from Pond Creek to El Reno,
L T., 83 4-10 miles.
Since the submi^ision of the last annual report, the Director,
of the Executive Committee and Vice-President,
longest in the service of this company, has passed away.
David Dows became a Director in the Chicago Rock Island
Pacific Railroad Company in June 1857, a member of the
Executive Committee in 1860, and Vice-Pres-ident of the consolidated Chicago Rock Island & Pacific Railroad Company in
1877.
He sustained the same relations to the existing Chicago
Pacific Railway Company, after it succeeded
Rock Island
those above named, until the day of his death.
The Directors have spread upon the records of the company
a memorial of his life and character, to the end that those
who come after may have the example of a life so pure and
noble in its purposes, so true and loyal in every relation and
in the performance of every duty. The resolutions which
form a part of this memorial are as follows:
Fir.st: That we have learned with the most profound regret of the
death of D.\tid Dows. at his home in the city of New York, on the
30th of March last— one so long, prominently and usefully connected
with this company as Director, Vice-President and member of our
Executive or Working Committee, who.se words were listened to for
more than thirty years with the consciousness that they were prompted
by integrity, were wise in their conception, and the outgrowth of the
member
&
&
ripest experience.
Secosi): In his
death this company has lost not only a most valucity of his adoption a leading
one almost without a peer among those laboring
for Its advancement and prosperity, the nation a faithful, fearless
advocate of its hi-'hest and best interests, we, as Individuals, a friend
who was such amidst the storms of adver.iity or the sunshine of prosperity, and his family a husband and father who, honoring him, were
honored by him.
able officer
and counsellor, but the
citizen, his State
$1,013,133 96
charges to this
account for the year are for lands purchased for additional
facilities at Chicago.
Masonry, Bridges and Culverts.— Substantial Iron
Bridges with Stone Abutments have been erected, to replace
wooden stmctures, as follows
Near Carlisle, Iowa, over North River, Bridge 127J^ feet in
To the officers and employes of the Company the directors
desire to express their appreciation for faithful services renBy order of the Board of Directors,
dered.
R R. CABLE, President.
length.
May
May
Land. Land Damages.
—The
principal
:
Near Somerset, Iowa, over North River, Bridge 127i^
feet
in length.
Near Eldon, Iowa, over Soap Creek, Masonry for Iron
Bridge.
Reduction of Grades, Filling Trestles and Changing
Link. — The principal item included in this account is for
additional expenditures incidental to changing the Suburban
(or Dummy) Line near South Englewood, referred to in last
year's report.
New
Depots,
Water
Stations and
Track Scales.—
Additional Buildings have been erected as follows
At Chicago New Office Building at 44th Street, 32 feel by 44
feet, for use of Train Master and General Yard Master, and
:
their clerks.
At Englewood,
feet, storage
cars
111.,
New
Grain Elevator, 44 feet by 108
capacity 200,000 bushels, receiving capacity 60
and shipping capacity 75 cars per day.
.
INCOME ACCOUNT
& Pacific Railway COMtPAsr
1889, TO Makch 31, 1890.
Chicago KocK Island
fbom Apkil 1
1889.
Jan. 1.
Jan. 1.
Keb. 1.
Mar. 31.
Mar.
Mar.
Mar.
Mar.
of 1 per cent
Interest paid C. & 8. W. RR. Co. Bonds
Interest paid on 6 per cent Bonds
Interest paid on 5 per cent Bonds
Dividend paid of 1 percent
Dividend paid of 1 percent
Interest paid C. & 8. W. RR. Co. Bonds
To Dividend paid
July
July
Aug.
Nov.
Nov.
1890.
31.
HI.
31.
31.
Mar. 31.
Mar. 31.
Mar. 31.
;
$461,55700
175,000 00
363,000 00
756,623 00
461,557 00
461,!)57 00
175,000 00
363,000 00
Interest paid on 6 per cent Bonds
792,925 00
Interest paid on 5 per cent Bonds
461,.557 00
Dividend paid of 1 per cent
43,479 55
Bent pai<l Hannibal * St. Jo. RR. Co
Moines
RE.
Co
137,500 00
Keokuk
&
Des
paid
Rent
125,000 00
Rent paid Peoria & Bureau Valley RR. Co..
104.880 00
Rent paid Des Moines & Ft. Dodge RR. Co..
Rent paid Chicago Kansas & Neb. By. Co.
of
that
Co
91
account
1,373,164
and tor
195.580 30
Tolls paid Missouri River Bridge Cos
from
April
1, 1889, to
Operating expenses
12,475,067 31
March 31, 1890
517,296 57
Balance
$19,443,746 64
June
THE CHRONICLK
14, 1890.]
837
1R89
By Balance
April i.
1890.
1,
1889, to March
31. INSK)
Receipts from Ijaml
Prenifuiu on C. R. I.
Mar. 31.
Mw.
31.
Department
&
P.
Ry. Co.'s 5 per cent
3.5,0.50 Of)
Kansas &
Interest Recjeived from Clilcago
.31.
Nebraska By. Co
1,200,640 11
$19,443,7-l« 04
1800.
April 1.
COMMERCIAL EPITOME.
17,030,000 8ft
01,350 00
Bonds BOlil
Mar.
site (H^ammtvctiil %\\\xts,
*467,745 01
Gross Eanilngs from April
Mar. 31.
By Balance
$617,206 97
Friday Nioht, June 18, 1890.
General trade has been quiet. Action at Washington upon
pending silver bills liaa been a puzzle to many people, and
they have preferred to do nothing. The crop reports from
the Department of Agriculture have been active iufluenoes in
speculative circles in breadstutfs they were better than expected and in cotton not so good. In cott«n, however, there
was some decline, in sympathy with the Liverpool market,
while wheat recovered on a better export demand.
The
weather has been generally very favorable to the growing
;
CONDENSED BALANCE SHEET APRIL
1,
1890.
CREDIT BALANCES.
[
I.IABIUTIK».
Capital
amount
Stock
flxed
$50,000,000;
crops.
$46,155,800 00
i.ssued
rractlonal Scrip outstanding, convert-
200 00
ible into StocK.
$46,156,000 00
Six percent Mortgage Coupon Honda. $4,920,000 00
Six per cent Mortgage Registered
Bonds.
7,580,000 00
12,500,000 00
Five per cent Extension Coupon Bonds $28,807,000 00
Five per cent Extension Reg. Bonds
3,480,000 00
.
.
32,287,000
5,000,000
8,213,000
1,163,255
617,296
Chicago & Southwestern Ry. Bonds, guaranteed.
Addition
foi and Improvement Account
Accounts Payable
Profit Balance of Income Account
00
00
00
64
Lard on the spot ha^^ declined, but the re<Iuction in values
leading to a better business, the close is steadier at •5'6.'>c. for
prime city and 612t^(a61,5c. for prime Western, with refined
for the Continent quoted at 6-053 6-45c.
lard for future delivery
day, when there was a
improvement on the smaller receipts of prime at Western
points, the sales including December at 6'41c.
57
$105,836,552 21
DEBIT BAI.ANCE9.
DAII.T 0I<0«U(O PKIOBS
July delivery
August delivery
September delivery
October deli very
A88ET8.
Cost of Road and Equipment, including
Roads owned
in- this
Pork has been
all
Branch
Corupany
Cost of Railroad Bridge at Rock Island
Capital Stock and Bonds of Comiecting Roads
Advances made to the Chicago Kansas & Nebraska
Ry. Co. as per Contract dated May 15, 1886
Loans and other Investments
C. R. I. & P. Ry. Co. Capital Stock on han*
Six per cent C. B. I. & P. Ry. Co. Mortgage Bonds on
hand
Stock of Materials, Fuel, &c., on hand
Accounts Receivable
Cash and Loans (payable on demand)
$65,485,393 13
758,526 10
8.714,032 45
28,134.396 81
595,044 18
12,100 00
The speculation in
at declining prices, until yestersteadier market, and to-day a slight
was
o.
o.
o.
o.
OF LAKD rDTOKIB.
Sat.
Jfon.
Toe*.
Wed.
TKur.
6-21
6-35
6-49
6-54
623
638
6-21
6-35
6-47
6-50
618
618
6'30
6-31
6-42
6-47
6-47
6-51
inactive, but closes
6 44
6-49
JH.
6-21
6-34
645
6 52
about steady at $13 50@
$14 for new mess, $10 503$10 75 for extra prime, and |13 759
$14 50 for clear back. Beef is steady at $6 50@$7 25 for extra
mess, $7 503f8 for packet and $12 50@$14 for extra India
Beef bams are steady at $16@$16 25 per barrel. Cutmeats have been somewhat depressed, but close steadier, the
400,000 00 sales to-day embracing 20,000 lbs. pickled bellies, 10^11 lbs.
806,544 90 average, at 5c. Quoted Oi^-aOi^c. for pickled hams,
4>g@5c.
760,723 83
169,200 79 for do. shoulders and ^^g<An%c. for bellies; smoked shoulders
a%%b%c. and smoked hams lO-aiOl^c. Tallow firmer but
.$105,836.552 21
mess.
quiet at 4J^c.
Tirginia Stite Debt.— Messrs. John A. Hambletou & Co.
write of the n°w proposal for compromising the State debt
" The holders of Virginia bonds have fought against the
:
Stearine quiet at 7J8^8c., the latter in tierces,
and oleomargarine firmer at SJafgOc. Butter fairly active at
11(d) 15c. for creamery and 10r*14c. for State dairy." Cheese is
in good export demand at 1%® 9c. for State factory, full
doctrine of forcible readjustment, and for years the subject cream.
Coffee on the spot has been steady at 18c. for No. 7 Rio, and
lias been ventilated in the courts until any one who has heard
of the Virginia debt question is sick of the entire matter, and to-day business was more active. The sales of mild grades
no one probably more so than the people of Virginia. If the were also large, including Padang at 23Jgc. and Porto Cabello
present movement of compromise is successful, it will be for- at 19c. The speculation in Rio options declined, but latterly has
tuate indeed, and it can not be doubted that the people of Vir- been at improving prices, especially the distant options on
ginia are anxious to put an end to a contention which has better foreign markets and small receipts at Rio and Santos;
done so much to retard the progress and prosperity of their no important business iias been done however, the bulls
The plan under which it is hoped a compromise and moving very cautiously. The close was steady.
State.
17-2f c. October.
ie-35o. January
16-00o.
final settlement of the debt will be made provides as a prime July
17-OCc. November
August
16 ISo. February
1600c.
essential that an amount of the indebtedness of the State suf- September
Deceml)er
16-80o.
16'00o. March
15-90C.
ficient to guarantee the success of the refunding plan shall be
An advance for the week of .5@30 points.
deposited under a power of attorney authorizing a committee
Raw sugars show a material reduction of demand and
to negotiate with the State. For this purpose depositories are
prices are easier, at ^}gC. for fair refining Muscovado, and
provided at London, New York, Baltimore and Richmond. 5I-2C. for Centrifugal, 96 deg. test. The sales included a cargo of
The committee having the matter in charge will issue an ex- Muscovado at 4 ll-16c.for 87 deg. test. Refined sugars, on the
planatory pamphlet addressed to the holders of Virginia contrary, are dearer, at
7^30. for standard crushed and 6J^c.
bonds, from which we take the following extract
for granulated. Molasses declined to 19c. for 50 deg. test, at
"This undertaking to settle the Virsinla debt does not require credit- which price a cargo si'ld to-day. The tea sale on AVednesday
ors to Incur any rcsiioiisibility, or risk any part of its expense. For
more than seven years the holders of Virginia bonds have refused the went off at steady prices.
Kentucky tobacco has been quiet. Of the Italian contracts
terms offered, and have, through various agencies, expended large
siuns in fruitless cffort-< to obtain better terms. It has been thus estab- for 19,000 hhds., 14.000 have been placet!.
Seed leaf in fair
successfully
ncffotiate
able
to
not
been
Virginia
has
1st.
That
lished:
demand sales for the week are 1,040 cases, as follows 200
with agencies heretofore proposing to repiesent this debt; and 2d. That
the State will not entertain any proposition unless It is accompanied cases 1889 crop, Pennsylvania Havana, private terms; 140 cases
by a satistBCtnry euaranly that. If accepted, substantially all the bonds 1888 crop Pennsylvania Havana, 12i^@14c.; 200 cases 1887-88
will be immediately surrendered. To meet the requirements of the
crop, Pennsylvania seed leaf, 8@12'^c.; 1)0 cases 1889 crop.
situation the debt is to be conditionally deposited under an agreement
State Havana, private terms ; 100 cases 1888 crop, State
gi\-ing a committee power to consummate such a compromise as creditAn advisory board will examine snch plans of Havana, 13 (i 15c.: 100 cases 1888 crop. Dutch, ll^i^c; 100 cases
ors accept.
by
the
(represented
creditors
by
the
proposed
as
may
be
settlement
1888 crop. New England Havana, 16@37c., and 150 cases sunBondholders' Committee), and will slate their approval and recom6f<*35c.; also 600 bales Havana, 65(a$l 15, and 1,000
mendation, or the contrary, of such plan when submitted to them. dries,
After a plan of settlement has been ainiroved by the Board, it will he bales Sumatra. $1 25(a?2 40.
accepted
when
and
acceptance,
for
their
bondholders
the
submitted to
On the Metal Exchange the week has been signalized by
by them, but not otherwise, it will he carried into execution. The great activity in Straits tin. On Wednesday there were sales
Bondholders' Committee is; Frederic P. Olcott, C:harles T). Dickey, Jr.,
William li. Bull, Huith R. Gardner. Henry Budjce. of New York, and of 625 tons at 21-75(<t21 85c. for June and 21 400. for August,
John Gill, of Baltimore. The Advisory Hoard consists of Hon. Grover with 10 tons on the spot at 21 '800. but the market to-day was
Cleveland, Hon. Thomas F. Baj-ard, Hon. Edward J. Phelps, Mr. George dull and heavy, closing at21'5()c. on the spot and 21' 15c. for
Central
8. Coc and Mr. George G. wmiains. The depositories are:
Trust Company of New York, Brown, Shipley & Co. of London, tha September. Ingot Copper is dearer, and quoted at 16'10c. for
Planters
and
the
Baltimore
of
Lake, but the close is aull. Domestic lead is dearer at 4'40c.,
Deposit
Company
Mercantile Trust ife
National Bank of Richmond.
but closes quiet. Pig iron warrants are slightly dearer, and
" Mr. Olcott is the President of the Central Trust Company the sales to-day were 2,300 tons at $16 2e;«16 37}^; for June and
Mr. Bull $16 75 for August. The interior iron markets are more active,
of New York Mr. Dickey represents Brown Bros.
Mr. Budge but prices are not generally dearer.
is an ex-President of the N. Y. Stock Exchange
Mr. Gardner is the President ot
Refined petroleum is steady at 7"20c. in bbb. and 9"10c. in
represents Hallgarten & Co.
the New York Southern Society, and Mr. Gill is the President cases. Crude in bbls. is firmer, at 7'40c.; naphtha, 7'40c. Crude
certificates are slightly dearer and close at 90c. per bbl. Spirits
of the Mercantile Ti-ust Company, Baltimore.
"To our friends and correspondents in England and at turpentine was more active at better prices, closing firm at
home we beg to call the attention of this movement to settle 39 a 39140. Rosins are firm but quiet at $1 45 a $1 50 for
the debt question of Virginia, and would advise them to give strained. Wool is rather firmer, as our prices are below the
Not one dol- parity of interior markets. Hops are slightly dearer on a good
it their hearty concurrence and active support.
brewing demand.
lar of expense is required."
I
I
I
I
—
:
;
;
;
;
;
;
IM
838
CHRONICLR
COTTON.
[Vol. L,
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs.
Lambert. 24 Beaver Street.
Carey, Yale
We
Friday. P. M.. June 13. 1890.
The Movement of the Crop, as indicated by our telegrams
from tlie South to-night, is given below. For the week ending
total receipts have reached 4,885 bales,
this evening the
&
On
bales the previous
against 4,487 bales last week and 8,776
week, making the total receipts since the 1st of Sept., 1889,
5,771,298 bales, against 5,482,399 bales for the same period of
1888-9, showing an increase since Sept. 1, 1889, of 288,899 bales.
at—
Receipts
Uobile
Florida
Savaiinah
Brunsw'k, &c.
Charleston
PortRoyaI,&c
Wilmington
WasU'gton,&c
Norfolk
605
643
3
149
2
Orleans...
10
14
1
137
25
272
86
1
6
4
West Point...
1
39
13
273
82
140
369
30
York
15
38
150
2
7
23
1
111
33
33
8
168
516
426
880
321
N'wp'tN's.&c.
New
964
8
40
28
2
762
20
3
122
3
53
15
44
47
123
4
Total.
Fri.
Tlittrs.
1
1
33
26
Wetl.
Tuet.
45
20
Galveston
ElPa«o, &o...
New
Moti.
Sat.
243
2
1,600
2
Baltimore
Phlladelph'a,&c
4.885
613
402 1,493
763 1,397
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1889, and
the stock to-night, comoared with last year.
Total 8 this -week
Slock.
1888-69.
to
This
Week.
13.
. .
Mobile
Florida
..
Bruns.,&c.
Caiarleston
..
P.Royal,&c
Wilmington
Wash'tn,&c
Norfolk...
West Point.
NwptN.,&c
New Y^ork.
Boston.. ..
Baltimore.
Phil'del'a,
1,
1889.
837,El26
23,212
964 1,944,005
25 239,744
32,265
272 933,842
162,962
86 319,884
1,833
6 132,639
3,749
38 401,649
150 324,705
33
58,845
516 114,008
426
71,707
2'
87,670
1,600
80,653
New Orleans.
Savannah.
Sitice Sep.
762
Galveston
El Paso.&c.
Totals.
!
1
1889-90.
Receipts
June
217
&c
This
Week.
Since Sep.
1,
1888.
1889.
1890.
671,336
22,954
83;
1,628
1,832 1,673,480
41
203,107
27,010
37,862
1,157
39,266
1,974
1,771
2,037
502
1,207
434
566
5,124
1,625
92,436
2,700
3,247
8,556
2,200
183,062
4,500
2,263
4,151
7961
43
712
238
17
18
23
87
49
726
390
216
812,279
132,099
383,400
15,58S
151,797
4,369
484,163
410,369
136,103
129,357
102,827
65,278
50,883
4,835 5,771,298
5,188 5,482,399 154,626 244,479
Note. 9,385 bales added as correction of receipts at New Orleans
since September 1.
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
.,
—
Receipts
at—
1890.
Galv'ston,&c
New Orleans
Mobile
Savannah.
1889.
762
964
25
272
86
6
38
188
..
Charl'st'n.&c
Wilm'gt'n,&c
Norfolk
1888.
839
1,832
41
712
255
18
23
136
1,405
4,810
179
3,559
2,046
73
1,877
1837.
1686.
1885.
45
307
165
1,361
7,811
1,041
242
98
330
1,743
2,814
269
99
63
11
983
148
45
101
AI' others
2,544
1,332
1.880
1,498
6,911
256
365
612
Tot. this week
4,885
5,188
16,812
3,549
24,881
2,877
W't Point, &c
26
7
4,389
550
Since Sept.l- 5771,298 5432,399 5403,745 5183,468 5232,830 4712,8 84
The exports for the week ending this evening reach a total
of 16,817 bales, of which 14,162 were to Great Britain,
to France and 2,655 to the rest of the Continent. Below are
the exports for the week, and since September 1, 1889.
WuTi SniinQ June 13.
From Sept. 1. 1889, to June 13, 1880
Exp(yrUd to—
Exported to—
Exports
areat
Conti7\>tal
Great
ContU
frcfm—
I
nent.
Week. Britain. France
GalvestoQ
New
307,490
Orleans..
819
3,077
Savannah
Brunswick
44,789
163,062
102,892
1,200
Cbarleston
Wilmington...
Norfolk
West
51,284
79,161
228.238
Point....
9,828
441
Boston
Baltimore*...
30,226
24,216
166,326
37,703
N'port NwB, 4c
New York
84,669,
802,06l'341,668,
Mobile
210
873
63
83
Phlla<Ielp'a,&c
Total.
8,838
811
148
880
507,201
135,066
63,857
34,693
,j^(_
132,110; 474.259
544,488 1,788,207
44,78D
348,121 531,409
14,287 117,179
164,802 240,332
32,988 112.149
37,756 265,994
24,020 180,346
96
42,690
Ibta?.
148,449
3,937
65,123
2,139
87,801
698,240
138,993
120,554
38.732
2,665: 10,817 2,803,726 474,863 1,508.306 4,786.984
Total. 1WIS-R9.,
.
15.817'
6,894
4 999
27,710 2.821.423 398.836 1.357,096 4,877,365
June 13, a<—
Britain.
New Orleans...
Mobl.e
OUarleston ....
Shiplmard, not cleared—for
Leeaying
Oreat
Other
France. Foreign
3,710
1,102
None.
None.
None.
None.
None.
8,800
2,000
None.
None.
None.
None.
None.
150
None.
Total 1890...
14,510
1,252
Total 1889...
Total 1888...
17,147
24,978
Savannah
Galveston
Norfolk
New York
Other ports
Coast-
None.
None.
None.
None.
None,
None.
Stock.
Total.
wise.
1,608
150
647
2,400
500
None.
None.
2,150
4,920
22,832
350 11,397
1,755
3,925
30,649
49,504
1,650
15,270
5,331
31,442
1,157
6,420
None.
115
150
647
2,400
10,600
None,
115
387
1,621
190
2,724
81,83»
12,437
2,500
131,794,
213,830
283,302
1
!
The speculation in cotton for future delivery at this market
was " all at sea " for the first half of the week. The progress of
action upon the silver bill by Congress, and accounts from the
growing crops were dominant influences. On Saturday an early
decline under weak Liverpool advices and improved crop accounts, was followed by a sharp advance, due to speculative
manipulation, which had its chief impulse from the strong
probability that the House of Representatives would pass a
silver bill on that day (which it did at a late hour after
the close of our Exchange).
On Monday a
sharp
rise
in
and some recovery at Liverpool were followed by an
advance in this market, but it was wholly lost on Tuesday,
when futures at Liverpool quite broke down and spot cotton
there declined l-16d. The report from the Department of
Agriculture was made public on Tuesday. It disappointed
silver
the bears, both as regards its statement of the condition of
the crop and the estimate of the increase of acreage. It
advance ; but apprehensions of
caused
a temporary
silver bill and
delay in the Senate's action upon the
the
the great improvement in crop prospects since
" Bm-eau report" was made up, caused a fresh decline.
September options, which were notably weak on Monday,
were exceptionally strong on Wednesday morning; but after
the last report from Liverpool for that day was received, the
whole market run off in a semi-panic, the " longs"' unloading
with much freedom. Yesterday the market was feverishly
excited, declining sharply at one time, but partially recovered
on brisk buying to cover. To-day there was a buoyant^market on a demand to cover contracts, especially for August,
which month had been so far over-sold as to lead to gossip
about a possible corner. Cotton on the spot met with a moderate demand for home consumption and prices did not give
way until Thursday, when they were l-16c. lower. To-day
the decline was recovered, middling uplands closing at 12J<^c.
The total sales for forward delivery for the week are 563,900
For immediate delivery the total sales foot up this week
bales.
6,154 bales, including 4,017 for export, 2,137 for consumption,
bales
in transit. Of the above
for speculation, and
were to arrive. The following are the official quotations for
each day of the past week June 7 to June 13.
—
—
—
—
UPLANDS.
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary.
Low Middling
Strict
8at.
.¥lb.
,
Low Middling...
Middling
Good Middling
Strict
Good
Middling.,
Middling Fair
,
Pair
GULP
-Vlb
Good Ordinary..
913.6
1214
127|8
1211,8
1278
135,8
13is,«
Middling
Good Middling
Strict Good Middlings
Middling Fair
Fair
,
STAINED.
Good Ordinary
Strict Good Ordinary.
lOU
11%
lOM
11%
12 14
12%
12
1214
121,8
127,8
127,8
1278
10
12%
12^8
133,6
134,6
nion Taes
9%
10
9%
10
10
Middling
11%
MARKET AND
113»
11%
CLOSKU.
Sat.. Easy
port.
4,017
Mon
Quiet
Quiet
,
Easier
Thur. Steady at 1,6 dc.
PrL.. Steady at 1,6 ad.
Wed
Total
The
4,017
Con-
13%
13=8
Tb. FrI.
9\
91 Sift
10',e 10>4
llUs 11%
I
I
lli°ie!
1214
127,8
123,6
12%
1213,8' 12^8
I3I4
13%
i
136,8
131*18
Frl.
9%
915,6 10
10%
1111,6
1016,8
11%
SALES.
SALES OF SPOT AND TRANSIT.
Ex-
lll»,ft
121,8
12'4
12>s
121Ii«
9%
1015,,, 1016,6 1015,8 1016,,
1134
11%
Wed Tb.
Low Middling
SPOT MASKET
9=8
101*18
12U,6 12=8
13'J8
1313,, 1313ifi 131S,6
9%
I
il»n 11%
1211,, I2II1P
Sat.
.»lb.
Wed
913,6
913,f 913,8
12
Low Middling..,
FrI.
,
nion Taes
10>4
10»4
11>8
11%
119l8
LowMiddliuff
Strict
Tne* Wed Th.
9=8
lO'je
Sat.
Ordinary
Strict Ordinary
Good Ordinary
Strict
i«Ion
9=8
9=8
9*18
101,8 lOijo 10
lOhs
101^,6 lOis,,! lOl'ie 1016, f lO's
11% 11% 11% 11% 11=,«
llia,e 11^1,1 1113,8 1113,811^
121,8 121,6 121,8 il2
I2I4
I2I4 1121,8
1214
1214
12i«
I2I3
I2I3 |127,8
1212
1211,8 12'1,6 1211,8 1211,612=8
1318
1318
1313
13% il3i,e
1358
1358 13=8 !l3»,«
135?
9=8
Spee- T}-an-
sump, uVVn
sit.
FUTUHE8.
Tyiiv-
Total.
Sales.
500
507
231
173
473
253
4,5171 51,800
2,137
6,154 562,900
eries.
507
46,800
231 302,100
173; 123,200
473 132,200
253 106,800
daily deliveries given above are actually delivered the
previoas to that on which they are reported.
....
....
iaj
June
IBE CHRONICLE.
14, 1890. J
The Sales and Prices of Fdtores
are
shown by kh«
following comprehensir* table:
8S9
Tub Vibible Scpply of Cotton
to-niKht, an made up by cabl«
aa folIowB, The Continental Dtociu, as well aa
those for Great Britain and the afloat are thia week's returns,
and consequently alt the European figures are bnmght down
to Thursday evening.
Out to make the totals the conipl<;t«
flgures for to-night (June 13), we add the itom of exixirts from
the United States, including in it the exports of Friday only.
IHOO.
1 8H0.
IHHT
1888
Stock at Liverpool
bales 935,000 800,000 707,000 6l7,i>6o
Stock at London....
11,000
14,000
17,000
23,000
4nd telograph,
is
Total Great Britain stock.
Stork at liamburg
Stock at Ilrxnien
Slock at Amsterdam
Stock at Kotterdam
Stock At Antwerp
Stockat Havre
Stock at Marseilles
Stock at Ilarcelona
040,000
3,500
98,000
7,000
874,600
734.000
870,000
'i.JOO
4,<N)0
43,300
:t'4,i»O0
48,300
a0,<M)O
1
i,0oo
33,(mjO
St.OOO
200
300
23,000
110,000
5,000
08,000
16,000
11,000
400
000
l,aoO
Stock at Trieste
6,000
176,000
4,000
81,000
10,000
7,000
104.000
4,000
70.000
5,000
7,000
234,000
S,000
49,000
8,000
14,000
Total Continental stocks
392,700
298,000
307,000
892,000
SlockatUeuoa
200
Total European stocks.. .. 1,33«,700 1,172,900 1,031,000 1,20-2.000
India cotton afloat for Europe.
253,000 100,000 179,000 819,000
Amer.cott'n afloat for Kuroue.
60,000
f>5,000
80,000
30,000
Egypt,Braiil..Vc..afltfi)rK'r'pe
19,000
18,0O0
25,000
34,00O
Stock in i;nltedKtates ports..
154,020 244,179 33^i,806 315,016
Stock in U. 8. interior towns..
24,880
23,761
78,658
83,074
United States exports to-day.
1,267
4,451
23
1,2&0
Total visible supply
1,8.'>1,473 1,742,591
1,741,4861,993.070
Of the above, the totals of American and other dosoritlUons are •• toUows:
American — •
Liverpool stock
Coutiucntal stocks
627,000
280,000
60.000
154,020
24,880
bales
American alloat for Europe...
United States stock
United States iutoriorstocks..
United BtatCB exports to-day.
Total American
lla»t Indian, Briail,
Liverpool stock
599,000
144,000
80,000
241,479
23,761
4,451
1,267
521,000
182.000
95,000
332.S06
78,658
22
626,000
242,000
30,000
315,016
32,074
1,280
1,117,773 1,095,691 1,209,486 1,216,370
<ee.
Londonstock
Continental stocks
India afloat for Europe
Egypt, Brazil, i&c., afloat
Totnl East India, &c
Total American
308,000
11,000
112.700
253,000
19,000
201.000
14,000
ISO.OOO
17.000
ISl.l'OO
I'.'S.OOO
199,000
18,000
17t>.O00
703.700
048,000
25,000
221,000
23.000
15U.60O
310,000
31,000
5:12,000
717,000
1.147,773 1,095,091 l,20y,l>i6 l,21ti,370
Total visible supply
Price Mid. Upl., Liverpool
Price Mid. Upi., New York
1,851,173 1,74'2,591 1,711,1^0 1,093,070
Oi-jd.
Hiipd.
5i„d.
6d,
12>4C.
11>80.
lO'sc.
ll'uc.
The
imports
into
Continental
this
week
have
i>orts
been
t^"
70,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 108,882 bales as compared with the same date
of lwJ9, an itiercase of 109,987 bales as compared with the
corresponding date of 1888 and a decrease of 142,497 bales
as compared with 1887.
At the Interior Towns the movement—that is
the receipts
the shipmants for the
week and the stocks to-night, and the same items for the
corresponding period of 1888-89 is set out in detail in the
following statement.
week, and since September
for the
1,
—
.*
M X >•<':
p
tf
M »
->
•+.
9T-
•
o
.
.
•
•
E; P;
::;:».::::
w
^ v3 ^ ;t 1^ ic u ic -4
wot
(X
X K ® •- — X
tv
-.)
F-
;,!
5-:
:
:
^
w "w ^1 ^ ec c;ioc o
^ c r- ^ »c — ^ ^ X X .^ — a -4 r. tc c
I**
^>
3.
:
«.
tc.
in
:.ixaai
mo. _
ias>;
M»o:
o^is
w ax
1^
CHS
avooa
* Incltidcs sales in 8opt«inbpr, 1889, for Septemljffr, 147,600: Scpteml)or-Octiil.tr, for October. 010,600; Snptomber-NovtMuber, for November,
630,200; 8cptiinb<'r-lJ(.ceinbcr. for December, a57,20J; September,
January, for J.inuary, 1,570,100; .Scpteuibei^ February, for Kebniarv,
1,125,100; Septcinber-March. for Marcli. y,23«.9»(i; September-April,
for April, l,5.'j5,60(i; September-May, for May, 1,8 13,: 00.
13^ We have incluiled in Che above uible, and snail continue each
week to (five, the aver,ixo price of futures eacli day for eacli month. It
will be founil unilcr each dsiy followin? the abbreviation "Aver." The
average for each month for the week is also (ftven at bottom of table.
Transferable (Jrders— Saturday, 12-25c.: Monday, 12-25C.; Tuesday,
12-aOc.; Wednesday, 12-OOc.; Thursday, ll-95c.; Friday, 12-I0c.
The following- exctonges have been made during the week:
•08 pd. to cxch. 20« Aug for June
•15 pd. to exch. 100 Deo for Oct
•11 pd. to eicli. 200 Aui; for July
88 pd. to exch. 1,000 Sept firr Ang
•09 pd. to exch. .50o Auk for June
•10 pd. to exch. 200 Ang for June
•09 pd. to cxch. .500 AuK for July
•0« pd. to exch. 100 Jan for Feb
•01 pd, to excU. 100 Deo for Nov
*- 10 *)
i-t
^-
M
"-•
e:p u
it
M — r. u cs •u ct ^ -i ic — — ic :? ^
v—
Ci »c ifa^ *: t^
CO CO -^ 1^ C£ f' wi
«*
;
?f;;
Is-?
w*M
c
!^:
-0
>
t
1889 figures are for Palestine. 1 18Q9 flnMymnr Fetershtirg, Y»
Louisville In both yeara luie " net."
$ Tnttyear estimated.
THK CBTtomCLE
840
The above totals show that the old interior stocks have
decreased during the week 4,097 bales, and are to-night 1,119
bales TMore than at the same period last year. The receipts at
the same towns have been 865 bales less than the same
week last year, and since Sept. 1 the receipts at all the towns
are 6.953 bales more than for the same time in 1888-89.
Quotations fob Middlino Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week:
CLOSING (JUOTATION3 FOR MIDDLINO COTTON
Wttk ending
June 13.
Moru
Sattir.
Oalveston
Sew Orleans
Mobile
Barannah..
11»8
il'e
11=8
11%
11%
11»8
ll's
CbarleBton.
11%
11%
Wilmington
11>2
Ilia
Norfolk
12
12
Boston
12ifl
121s
Baltimore..
Fhiladelpbia
12H
12 14
12».«
12-,,
Augusta
Memphis
—
.
Louis
Cincinnati
.
Louisville.
..
61.
11%
11%
11%
III4
12
1212
I2I4
u's^ia H''e®12
11%
11%
11%
11%
12
1214
ON—
T^urt.
Fri.
llSg
11»8
11%
ll"l«
ll"l«
1158
lll>8
11»9
11%
11%
11%
11%
11%
11%
Ills
III9
11 '8
I2I2
121s
la'te
III3
11«S
11 '"t*
U'»1«
ll's
Wedneg.
Tiiea.
12
I2I3
I2I4
12. „
12x,«
11 78312 11T8®12
11%
11%
11%
11%
12
12
12
I2I4
1214
I214
,8
11^8
U%
11%
11%
12
12
12
12
The closing quotations to-day (Friday) at other important
Southern markets were as follows
Atlanta.
IIH Little Rock..
Ilia Montgomery
Columbus, Ga.
I
INashvllle
Coliimbus.Miss
Eufaula
1212
Raleigh
Rome
]2ie
III2
ll^fi
Selma
11
ll^s
SUreveport
1 1'lg
im
[
ll'4lNatcbez
Receipts From the Plantations. The following tablt
indicates the actual movement each week from the plantations,
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Receipts at the Ports.
Week
Endtnfl—
Way
9
18
23
30
"
••
'•
June
••
6.
1888.
1888.
36,233
22,411
29,065
23,601
13,487
22,866
...
13
19,622
16,812
St'fc
at Interior Toivns. leec'pts
1888.
1890.
16.408
11,505
13,883
8,776
7,690
4,187
6,710
B.ISSI
4.883
1889.
145,074
131.277
117.812
107,442
92,942
9,743
i
56,445
48,619
44,194
38,413
31,708
83,0791 26,092
The above statement shows:
1.
1890.
1888.
58.905
44,169
88,078
33,508
31.131
26.682
1
from Planting,
1889.
9,638
1
1890.
6,4*6
9,010]
15,268'
5,661
10,166
5,318
7,737
12,156
5,129
6,943
1,909
4,211
2 110
6
436
—Tliat the total receipts from
the plantations since September
1, 1889, are 5,785,536 bales; in
1888-89 were 5,493,116 bales; in 1887-88 were 5,463,994 bales.
2.
That, although the receipts at the outports the past week
were 4,885 bales, the actual movement from plantations was
oiUy 436 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
bales and for 1888 they were
for the same week were
6,942 bales.
—
them the net overland movement to June 1 and also the
takings by Southern spinners to the same date, so as to give
cubstantially the amount of cotton now in sight.
,
1889-90.
1888-!<9.
1887-88.
I
1880-87.
.
June
1
1
Total in sight June 13
880,754
410,000
881,1531
93ii,7l6i
428,000
398,000
771,792
356,000
1,717,188 1,674,63411,668,192 1,635,106
—
—
—
Average thermometer
76,
—
—We
Decrease from September 1.
It will be seen by the above that the increase in amount in sight
to-night, as compared with last year, is 304,021 bales, the excess as
compared with 1887-88 is 308,5^0 bales and the gain over 1886-87
reaches 790.997 bales.
Weather Reports by Telegraph. Our telegraphic
weather reports to night indicate that over a considerable portion of the Southwest, more particularly in Texas, the rainfall
has been heavy, in some instances reaching over seven inches.
Most of our correspondents in the district covered state, however, that the rain has been of benefit to cotton. Elsewhere
in the South the conditions have been quite satisfactory and
cotton is growing finely.
Oaiveston, Texas. It has rained tremendously on four days
of the week, the rainfall reaching seven inches and twenty-one
hundredths. Average thermometer 74, higliest 82 and lowest
—
—
—
—
—We
—
—
—
Palestine, Texas. We have had hard but beneficial rain on
two days of the week, the precipitation reaching three inches
and fifteen hundredths. Crops are excellent. The thermometer has averaged 69, the highest being 82 and the lowest 56.
Huntsmlle. Texas. The prospect for crops is fine. Hard
but net-ded rain has fallen on two days of the week, to tlie extent of two inches and eleven hundredths. The thermometer
has averaged 74. ranging from 62 to 86.
Dallas. ivxa».— Fields are clean and crops in good condition.
It has rained, just as needed, on three days of the week,
rainfall reaching one inch and twenty -one hundredths.
The
thermometer has rangtd from 72 to 90, averaging 81.
—
The thermometer has averaged 80.
Clarksdale, AJississippi. Telegram not received.
Vicksburg, Mississippi.—^It has been showery on four days
during the week, the rainfall reaching one inch and twentyfive hundredths.
The thermometer has averaged 77, the highest being 90 and the lowest 63.
Little Jioek, Arkansas.
Rain has fallen on two days of the
past week, but the weather is now clear. The thermometer
has averaged 72, ranging from 60 to 87.
Helena, Arkansas. Telegram not received.
Nashville, Tennessee.
Rain has fallen on four days of the
week, to the extent of one inch and fifty-five hundredths.
iThe thermometer has averaged 74, the highest being 86 and
the lowest 62.
Memphis. 7'ennessee. — Crops are progressing well. Rain has
fallen on three days of the week, the precipitation reacliing
the week, but the weather now is clearing. The precipitation reached two inches and forty-one hundredths.
The thermometer has ranged from 68 to 91, averaging 78.
have had rain on three dayB of the
Selma, Alabama.
week, the precipitation reaching sixty-one hundredths of an
inch. Average thermometer 77, highest 88. lowest 68.
Auburn, Alabama. Telegram not received.
Madison, Florida. Rain has fallen on three days of the
week to the extent of one inch and twenty hundredths. The
thermometer has averaged 70, ranging from 69 to 94.
Columbus, Georgia. It has rained on four days of the week,
the precipitation reaching one inch and six hundredths. The
thermometer has ranged from 72 to 88, averaging 81.
have had rain on two days of the
Savannah, Georgia,
week, the rainfall reaching one inch and twenty-one hundredths. Average thermometer 80, highest 93, lowest 66.
Augusta, Georgia. The weather has been warm and dry
during the week, with light rain on two days.
The
rainfall reached four hundredths of an inch.
Crops are
doing well. Grass is troublesome at some points on account
With this exception,
of the continued scarcity of labor.
accounts are generally good. The thermometer has averaged
82, the highest being 94 and the lowest 70.
Charleston, South Carolina. It has rained on one day of
the week, the rainfall reaching eleven hundredths of an inch.
The thermometer has averaged 80, ranging from 69 to 98.
Stateburg, South Carolina. Crops are doing finely. There
has been rain on two days of the week, to the extent of one
inch and twenty hundredths. The thermometer has ranged
*
87.
—
Montgomery, Alabama.— We have had rain on six days during
7,106.2aO 6,802,269j6,797,710 0,309.293
Northern spinners takings to
Jane 13
—
We
Tot. receipts from plantat'ns 5,785,531) 5,493,116 5,4(12,994 5,181,501
to
—We
highest 90, lowest 63.
Mobile, Alabama. The crop is developing very promisingly.
have had rain on three days of the week, the precipitation
reaching twenty-eight hundredths of an inch. The thermometer has averaged 79, ranging from 69 to 88.
i
onthern consumpt'u to J'ne
—
two inches and five-hundredths.
fieceipts at tbe ports to J'ne 13 5,771,298 5,482,399 5,103,745 5,183,4G8
Interior st*>ck» on June 13 in
14.238|
10,717|
59,249
excess ol September 1
*1,9C7
Ket overland
Weatherford, 7'e.xag.— Beneficial showers have fallen on
three days of the week, the precipitation reaching seventy-three
hundredths of an inch.
Crops are exceedingly promising.
The thermometer has ranged from 66 to 90, averaging 78.
Shreveport, Louisiana. Rainfall for the week two inches
and eighty hundredtlis. Average thermometer 72, highest 90
and lowest 61.
Columbus, Mississippi.
have had rain on tliree days
during the week, the rainfall reaching eighty-nine hundredths
of an inch. The thermometer has averaged 75, the highest
being 90 and the lowest 60.
Leiand, Mississippi. We have had rain on four days of the
week, the precipitation reaching three inches and five liundredths. The thermometer has averaged 73'4, ranging from
69 to 89.
Meridian, Mississippi. Crop prospects are good.
It has
rained on three days of the week, the balance being clear and
warm. The thermometer has rangetl from 55 to 88.
New Orleans, Louisiana. It has rained on four days of the
week to the extent of two inches and nineteen bundiedths.
—
Amount of Cotton in Sioht June 13.—In the table below
me g^lve the receipts from plantations in another form, and add
to
rc-cas.— Prospects are first-class.
have
beneficial rain on three days cf the week,
the rainfall reaching four inches and four hundredths.
Average thermometer 74, highest 90, lowest 58.
Luling. Texas.— It has rained heavily, but just as required,
on three days of the week, the precipitation reaching three
inches and eighty-three hundredths. Crops were never better.
Blooms and bolls are abundant. The thermometer has
averaged 74, the highest being 84 and the lowest 64.
Columbia, Texas.— Very heavy rain on three days of the
week has greatly hindered work. There has been too much
rain.
The precipitation reached seven inches and twenty-two
hundredths.
The thermometer has averaged 78, ranging
from 63 to 92.
Cuero, Te,vas. It has rained harder than needed on two
days of the week, but doing immense good. The rainfall
reached five inches and sixty hundredths. Fields are clean
and crops look promising. Blooms and IwUs are abundant.
The thermometer has ranged from 62 to 92, averaging 77.
Brentiam, Texas. We have had hard rain on four days of
the week, but none too much. Tlie precipitation reached five
inches and fifty hundredths.
Crops are very promising.
Average thermometer 77, highest 94, lowest 60.
Belton, Texas.— It has rained splendidly on two days of the
week, the rainfall reaching two inches and six hundredths.
Crops are good. The thermometer has averaged 72, the highest being 84 and the lowest 60.
—
U'a
13
We
San Antonio,
had hard but very
—
1238
1218
11%
11%
[Vol. L.
—
—
—
from 67
i
to 88, averaging 76.
Wilson, North Carolina.— It has rained on two days of the
J0NE
THE CHRONICLR
14, 1890. J
week, the precipitation reaching seventy-six hundredths of an
Average thermometer 79, highest 92, lowest 68.
The following statement wo have also received by telegraph,
inch.
showing the
o'clock June
named
heiglit of the rivers at the iioints
and June 13, 1889.
at 3
13, 1890,
June
12, '00.
June
13, '89
Feel.
Feet.
130
Above lo^w-wator mark
19-2
Above low-water mark.
6-3
Above low-water mark.
19-8
Shreveport
Above low-water mark.
Vloksburg
Above low-water mark.
390
HoTE.—Beports are now made in teet and tenths.
7-4
31 -4
Now Orleans
Memphis
K*hvllle
Shipments
1890
1889
1888
1887
17,000
13,000
5,000
15,000
Shipment* tince Jan.
this week.
Oreat
Total. Britain
ContiBrit'n. nent.
11,000 28,000
is,ooti 31,000
17,000 -'2,000
18,000 33,000
According to
Continent.
Jute Butts, Baooino, &c.—The demand for l>agging ba»
light, and prices are nominal at .'i'.^c. for 1}^ ll>s., 6^0.
for 1?^ lbs., 7c. for 2 lbs. and l^c. for standard grade.-*. Not
mucu business has been done in jute butts, and prices are
ea.sy at 1 -55(31-600. for paper grades and l^@2>4c. for bog-
asa
Receipts.
ThU
Total.
Since
Week.
Jan.
1.
Bombay appears
to show
an increase couipar .1 with last year in the week's receipts of
19,000 bales, and a.d:erease in Ib'pmtQl; of 3,000 bales, and
the shipments since January 1 show an increaseot 88,000 bale?.
The movement at Calcutta, Madras, and other India porta for
the last reported week and since the 1st of January, for two
years, has been as follows.
"Other porta" cover Ceylon
Tuticorin. Kurrachee and Coconada.
Shipments for the
Shipments since January
tcceie.
ging qualities.
Aqricultueal Department's Report on Acreaoe.—The
Agricultural Department at Washington issued on the lOtb
inst. its report on cotton condition and Eicreage.
The following is what it says on the subject of acreage
Tbo statistical roturns for June to the Department of Am-loaltiire
sbow an increase of the acreage In cotton In nearly every Slate. TIi»
area, as oimpared with acreage In 1889, Is reported in this preliminary
:
1.
303,000 914,000 l,217,00o'50,000 1,755,000
313.000 7SH,000 l,l'20,0OO31,OO0i 1,525,000
isi,ooo r>i7,(>oo' 7'2y,ooo 2t>,oooii, 194,000
328,000i608,000l 936,000,32,00011,352,000
fo ejoing,
t'-e
Cotton Acreage Report.— In our editorial columns will
be found to-day our annual cotton acreage report, with an
account at length of the condition of the plant in each sectioa
of the South, together with our rainfall and thermometer
record. The report has been prepare I in circular form and
may be had in quantity with business card printed up<:>n them.
been
7-1
9'U
India Cotton Movement from all Ports.— The receipts
sind shipments of cotton at Bombay have been as foUows for
the week and year, bringing the figures down to June 12,
BOMBAT KECEIPTB AND SHIPMENTS FOE FODR TEARS.
Xear Oreat
841
1.
lnvcntlf<ation as rollows:
Virginia, 98: North Carolina.
102; South Carolina, 103: Georgto,
102: Floilda, 103; Alabama. 102; Mississippi, 102; Louisiana, 96;
Texas, 105 Arkansas, 99 ; Tennessee, 100 ; average, 102.
;
The following
is the report of the Department on condition r
Thefalr price prevaiiliig, with low prices for other products, stlrunlates tlie extecsion of planting. The ovetliows in Arkansas and Lonislaiia delayed planting In those States and prevented Increase whlell
would otherwise liave been made.
There are locations where re-planting, due to perfect stands Injnred
by cold nights, is still continued, and will be in extreme cadi a, to the
15tli of June. Stands are generally very good in Uiu ('arolln:is, with th»
exceptions in low areas, where iro6t or cold nights hare destroyed
plants.
In the Mississippi Valley and in Texas heavy ralns.local floods and Inundations bave caused an unusual amount of re-planting, and on the
Mississippi and other great rivers delay of planting nntil the watera
p?cedc.
Britain,
Calcutta—
1890
1889
,
_
Continint.
(treat
,
,
Total.
2,000
(Continent.
Britain.
2,000
,
23,000
26,000
68,000
38,000
91,000
61.000
5,000
5,000
5,000
2,000
10,000
7,000
16,000
27,000
18,000
16,000
34.000
43,000
41,000
58,000
91,000
56,000
135,000
114,000
Madras
1890
1889
AU
Total
others-
;
1890
1889
Total all—
1890
1889
2,000
e,ooo
The above totals for the week show that the movement from
the ports other than Bombay is 2,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1890, and for the corresponding
periods of the two previous years, are as follows:
EXPOBT8 TO BUROPE FROM
AH
INDIA.
1889.
1890.
alt Europe
This
week.
from—
Bombay
AU Other ports.
Total
Since
Jan,
This
week.
1.
Jan.
1.
week.
Jan. 1
28,000 1,217,000
2,000| 135,000
31,0001,129,000
114,000
22,000
30,000,1,352,000
31,000 1,243,000
22,000
728,000
127,000
855,000
—
;
June
Texaa
98
97
94
92
93
85
84
84
Arkansas..
Tennessee.
85
87
90
95
92
79
Average.
888
86-4
No. Car....
80. Car....
Georgia
. .
Mississippi
Since
;
;
;
Condtlion. 1890. 1889. 1888. 1887. 1886. 1885. 1884 1883 1882. 1881
Alabama..
1888.
ThU
Since
;
;
;
Florida....
Shipments
to
In such cases tbe seed has been chopped in the mnd and the plants
have appeared promptly, Bometimes in foor days from planting.
Exoept on tlie Atlantic coast the excels cf rain bus retarded chopplnur
out and cultivation, IvuvioK the crop aomewbat grat'sy, though reoeot
fine weather has done uiiicu to secure clean oultlvation.
In more Southern latitudes the plants are beginnlug to bloom, and
while the eutire breadth,'a8 a rule, is late, the plants ue healthy and
growing rapliily.
Averajte condition, 88-8. The peioentage by States are: Virginia,
90 North Carolina, 98 Sonth Carolina, 97 Georgia, 94 Florida, 93 (
Alabama, 93 Mississippi, 85 Louisiana, 84 ; Tezaa, 84 Arkansas^
85 Tennessee. 87.
The above statement of condition, compared with the reports
for previous years, is as follows
AGRICnLTORAL DEPAKTMBNT'S JDNE CONDmOX REPORTS.
Louisiana
86
88
92
94
92
90
80
94
92
99
98
99
98
99
99
97
91
93
97
882
96-9,
84
78
80
88
83
86
88
97
83
83
9
87
88
85
96
83
99
887
93
96
95
93
92
92
95
90
91
85
92
95
97
96
99
93
87
72
77
85
92
96
8S
92
100
86
91
89
87
78
82
93
89
97
93
88
90
93
83
80
80
99
93
86
89
93
81
85
86
94
87
102
9*
90
AUEXANDRIA Receipts and Shipments. Through arrangeThe average given above for all the States is the average as
ments we have made with Messrs. Davies, Benachi & Co., of
given by the Department.
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egyp.;. i"he following
The tiXPORTS of Cotton from New York this week show a
are the receipts and shipments for the past wee'.^ and lor the decrease compared with last week, the total reaching 9,838
Below we give our
corresponding week of the previous two years.
bales, against 13,479 bales last week.
usual table, showing the exports of cotton from New York,
Alexandria, Egypt,
and the direction, for each of th3 last four weeks; also the
1887-88.
1889-00.
1888-89.
June 11.
total exports and direction since Sept. 1, IHt^O. and in the last
Kecelpts (cantars*).
column the total for the same period of the previous year.
This week
1,000
1,000
1,000
BXPOE^rS OF COTTON (BALES) FROM NEW YORK BINGE SEPT. 1, 1889,
Since Sept.
. .
2,721,000
3,152,000
1.
This
Since
week. Sept. 1.
3,877,000
This
Since
week. Sept. 1.
Since
This
week. Sept. 1.
ir«As
Exported to—
Mau
22.
ErportB (bales)—
To Liverpool
To Continent
Total Birope
*
222,000
3,000 154,000
3,000 261,000
2,000 156,000
5,000417,000
2,000 242,000
2,000 158,000
Liverpool
7,619
Other British porta..
1,176,
Tot. to Gt. Bbti'n.
This statement shows that the receipts for the week ending
June 11 were 1,000 cantars and the sliipments to all Europe
5,000 bales.
...
.
the prices for to-day below, and leave those for previous
weeks of this and last year for comparison:
MayO
Cotfn
8>4 lbs.
Shirtitigs.
d.
d.
87,flasi:i,,
t.
d.
6 4
" 10,S7,„--o;8i3,e6 4
" 23]Sii »8's ,6
" 30I8I11 ®8'n !6
J'ne 6 S'fl •SB's lO
" 13 87,„a8i.i,p!6
a.
d.
a? 4
«7 4
4i2»7 4>»
3iaS7 4is
4i2«7 4»a
4'ia7 4>fll
Mid
TwuC
d.
67,fl
Sk
32( Cop.
\Uplds
d.
8
d.
98^
«>«
8
«8>s
6»18 7l6i«»8'i«
6 si 7''9
6»,. 7''8 «839
e^a 779 «8»8
®84
a>s.
Shirtings.
a.
d.
29.
3.
4,981 12,340
June
12.
Tot. to No. Edbopb
B.
Cotrn
Hid.
Uplds
603
250
958
160
1,368
d.
d.
6
6
l^m
ma7
2
2
6
6
•S?
1
6
5 11»«»7 Ola
5 11 ®7 0>s
5 ll>aa7
6
6
6I18
0^ 6=6
Total Stahi, *o..
QxABD Total
Same
Total
">• '
,
I
Sepi. 1.
period
plriHoti*
200
8,041
1,387
77,696
528.13S
110,01s
3,381 12,549
9,628
807,201
668,13«
400
172
56,S3S
42,4901
100
Bp'n.Op'to, Qlbr., Ac.
All other
1889.
Twist.
Jutte
Other French ports.
Total Fbbncb
—
8,793
603
Havre
Manchester Market. Our report received by cable to-night
Bremen
from Manchester states that the market is quiet for both yams Hamburg...
and shirtings. The demand for China is improving. We give Other ports
S2» Cop.
May
4,000 100,000
3,000 376,000
A cantar is 98 pounds.
1890.
Ending—
42,390
56.523
170
873
77
200
26
60
100
SO
32.584
58,548
52,662
39,364
70.875
110,358
1,043
303
310
133,794
120,997
100
627
4,077
10,578
13,888
17.933
172
627
10,766
13.479
9,838
14,655
31,813
698,240
977,51(»
We
have
European CJotton Consumption fox June 1,—
received to-day, by cable, Mr. Ellison's cotton figures brought
down to June 1. The revised totals .or last year have also
been received and we give them for comparison. The spinners'
takings in actual balee and poimds have been as followa:
THE CHRONK^LR
612
October 1 (9
fune
Oreal Britain.
1.
Continent.
ToL.
Weather Rbookd for Mat.—Below we
Total.
U
give the rain-
and thermometer record for the month of May and
previous months of this year and the two precedmg years.
The Sgures are from the record of the Signal Service Bireau,
aicept at points where they have no station, and at those
points they are from records kept by our own agents.
fall
For 1889-90.
2,180.000
5,374.000
2,891,000
Takings b7 sploners .bales
458-7
44^)
470
Average weight of balee.lbs
1,165.600.000 1.299,406,000 2,465.0 e 000
Takings in pounds
. .
-t
For 1888-89.
Takings by splonerg .. .bales
Average welgbt of bales .Iba
TaUnxs in pounds
2,419,000
2,901,000
6,320,000
456
443
419
1,103,369,000 1,285,107,000 2,383,476,000
Accordins; to the above, the average weight of the deliveries
in Qreat Britain is 470 pouads per bale this season, aa^aiast
4S6 pounds during the same time last seaaoa. The Continental
deliveries average 449 pounds, against 44J pounds last year,
and for the whole of Europe the deliveries average 45i'7
poandF, against 449 pounds. Oar dispatch also gives the full
movement for this rear and last year in bales of 400 pounds.
1889-90.
Oct. 1 to Juiit 1.
Baltt of 400
1888-89.
lbs. each,
000s omitted.
Oreat
Conti-
Britain.
nent.
Total.
Oreat
Britain,
Oontinent.
Total.
Spinners' stock Oct 1.
Takings In October...
283,
181,
180.
236,
463.
213,
167,
176,
219,
419,
Total supply
Oonsiimp. Oct, 1 wks.
338,
292,
361,
320,
€99.
612,
295,
255,
313,
304,
633.
559,
Spinners' stock Nov. 1
Takings in November.
48,
41,
340,
87,
738,
40,
331,
.39.
79,
398,
333,
669,
444,
308,
381
320,
825,
623,
371,
300,
377,
301,
743,
604,
136,
442.
61,
197,
71,
518,
!>60,
403,
73,
454,
144,
857,
578,
335,
579.
400.
1,157,
78.%
471.
375,
527,
380,
193.
393,
179.
506,
372,
901.
99.
425,
51%
591,
308,
685,
324,
1,276,
521,
308,
693,
316,
,217,
632,
283,
317,
Sol,
l.M.
614,
771.
216,
331,
377,
330.
.593,
600,
303,
815.
324,
1,115,
757,
316,
1,307,
632.
550,
308,
292,
S77.
491.
421.
783,
801,
242,
409.
411,
452,
683,
361,
669.
385.
913,
105,
1,58 1,
790,
b51,
335,
89.J,
1511,
Oonsnmp. Mar., 5 wks
395.
780,
Spinners' stock Apr.
Takings in April
241,
312,
510,
316.
791,
688,
266,
311,
493,
407,
761,
721,
626,
303.
8-6,
1,182.
632.
580,
308,
90.5,
1,185,
324,
316.
621.
318,
357,
532,
480,
850,
817,
2,-2,
589,
459,
801.
758,
675,
385,
1,012,
1.6r7,
1,018,
405,
790.
671,
335,
395,
1,619
73',
290.
607,
897,
133,
6.i3,
839,
Total supply
Oonsnmp. Nov., 4 wks.
Spinners' stock Deo. 1
Takings
December.
In
Total supply
Oonsmnp. Dec.. 5 wks.
Spinners' stock Jan. 1
Takings
January..
In
Total supply
Jan., 4
Oonsump.
wks
Spinners' stock Feb. 1
Takings In February
Total supply.
Oonsump.
.
Feb., 4 wks.
Spinners' stock Mob. 1
Takings la March.
Total supply...
1
Total supply
Oonsump.
Apr., 4 wks.
Spinners' stock
Takings In
May 1
May
Total supply
Oonsump. May, 5
wks
55,
52,
117,
299,
1
001,
755,
216,
971,
621,
714.
621.
fLOEIDA.
JackaonvVle.
UlKlieat...
Lowest....
AverHue...
Tampa.—
tliKbest.
..
Lowest....
Averaee...
Itak^ City*—
lllKtaesc...
Lowest.,..
Spinners' stock June
I
The comparison with last year is made mire strikina; by
bringing together the above totali and aiding the average
weekly consumption up to this time for th? two ye irs.
Averse..
litusvillt—
UlKhest. ..
Lowest
.
.
Averase...
IxUi^iawet -
UlKhest
Lowest
.
.
.
weraffe...
Oct. 1 to
June
Baiet of 400
000( omitted.
Spinners' stock Oct.
Oreal
Britain
Takings to Junel....
55.
2,914,
Sipply
2.969
1.
Oonsnmpti'u 35 weeks 2,679.
Spinners' stock Juie
riLABAMA
1889-90.
I.
Ibt. each.
1
290
Continent.
1888-89.
Total.
Oreal
Britain
OoiUinent.
236.
6,162.
52.
167.
3,218
2,753.
3,212.
3,429,
2,822.
6,398.
5,501,
2,810.
2,621,
607,
897.
181.
rofat.
219.
Highest...
920
Lowest ....
410: 48-5
Arerage..
MoMte.Ulgheat...
7U-6
98-1
7«-4
—
850
4<)U
TOli
7M
UUctaest...
Lowest
8&-«
5»-0
5,970,
Average...
inLma
880
88-0
6,189.
5,350.
Lowest
13-0
ant
Average...
fOO. 70-0
—
Highest...
186
653
830.
Lowest
Averaue...
Weekly Comumption,
00* omitted.
In October
76,0
In
In
In
In
In
In
In
*
November.
December
January
February
March
April
May
...
77,0
77,0
77,0
77,0
77.0
77,0
77.0
LOUlb'NA
Orleans.—
Highest...
Lowest....
Average...
v.
8).0
80.0
80,0
81,0
81.0
81,0
81,0
81.0
156,0
157,0
157,0
158,0
158.0
158,0
158,0
153.0
*<3,0
75.0
75.0
77,0
77,'i
77,0
77, T
77.0
76
!)
76,1
76,0
79,0
79.)
7J,0
79,0
79,0
Average aa given b? M-. EUisia; dediotloa nial)(ro.a m)ath'.i
151,0
151. (f
131,0
156,0
S iretWDort.—
Highest...
Lowest
ffr'tl
156,'>
156.0
156.0
156,0
total
on acoun at of stoppage of spindles.
The foregoiag 810W3 that ths weekly conum-)tioi is now
la'S.OOO bale3ot4J0 pounds ea3h, a^aias; I56,0Jj' bales o* like
weights at the corresponding tima Ust year.
Th^ total
spinners s ooks in Oreat Britain an i oa thj Ooatinaat hive
increas.'d 47,OJ0 bales during the month and are now
58,000
bales more than on the same date last season.
89-5
61$
Average...
7!i-7
CoUau-
—
Hlgliest....
Lowest
Average...
Liberli/
mu-
85-7
55-5
74-7
Uigueat....
95-0
*,owest
Average..
460
7J-6
MlSslSS'fl.
Oolunxttvji.—
Highest...
900
Lowest ...
Average ..
44-0
P9-0
Highest...
69'a
Lowest
...
Average...
•
FUrires for 1888 are for Aroher.
600
717
JmiE
THE CHRONICLK.
14, 1890.]
February.
March.
18X0 1888. 18>«
1880. 1889. 1888,
Ram/an.
ttay
iliMit
848
ii!saiss'Pi.
B -okhavenUlKhnst...
1800. 1888. 1888.
1880. 1889.
7«-n
85-0
72-1
88-1
800 780
78-0
(•0-0
82-0
45-0
88-0
43-0
4t)-0'
63-0
55-0
32(1
54'U
550
IM-O:
88
86-0
44-0
67-0
HiRheit....
82-0
73
74-0
310
28-0
ZK-I'
83-0
47-0
4v8
48-e
81-0
29-0
51-5
2lf-0
8;-B
84-0
20-O
54-4
76-0
Lowest
51-6
94 9
88-0
42-0
64-7
73-0
an-0
Oi'4
73-0
18 U
70-0
83-0
4S-2
77-0
760
280
77-0
87-0
48-3
Averatfe...
Clark aiUe—
Lowest
AveraKe...
.
»vo
ATerage...
Lowest
Averai^e...
40-fl
78-0
17-0
1'
60-S
84-0
lH-0
60-8
75-C
18
48-9
Bl-O
4'<!-l
80-0
84-U
78-0
49-4
780
Sl-0
52-6
72-0
24'C
45-5
80-0
59-0
78-0
S2'U
50-8
82-0
8.S-0
TO IHO
B9-8
16-S
26-0
39-7
U-b
5-0
50-0
18-0
srs
43-0
780
72-0
4B'0
77'0
23-J
AveraKe..
480
se-4
HiKhest..
79-0
77-0
Lowest
28U
170
AveraKe...
51-4
41-4
780
62-0
14(1
17-0
J
f,0-4
:o-o
12-(i
801
1-flS
61-2
661
89-0
41-0
93-8
es-8
46-0
71-6
80-6
25-2
fll-O
9«0
sro
380 480
43-
4V^^
62-8
62-8
66-2
46-0
69'y
7S-C
23-0
49-0
R8-0
82-0
81-0
49-0
B2-7
84-5
64'!
83-6
23-0
47-8
88-0
39-0
61-0
sro
89-7
43-0
46-1
988
63-0
82-0
420 430
80-0
880
180
81-0
43-0
820
49-0
8«-U
"
Bl
83-0
41-0
61-t-
860
75-0
25-0
48-S
800 8\l
39-0
60-0
35-(
46-7
73-0
27-0
5U-8
77-0
21-0
47-2
83-0
31-0
Bl-6
84-(
84'(
61-1
81-0
17
49-C'
65-0
13-0
4a-B
70-0
24-0
SO'Ol 38-I
160
9(
-i7-0
Sl-Sl
893
tl-0
43-3
]«-(!
Averajfo...
47-6
50-1
TKXAS.
88
44-0
89-5
88-0
44-0
Days rain..
(lOUIS'ANA
Days
9r8 691
Days rain..
MI8S18'PI.
Oflumbua.—
KalDfall.ln
87-0
48-0
70-0
860
86-0
43-0
90-0
4S0
88-7
Ualnfall.lD
89-0
48-0
89-0
80-0
40-0
te-7
88-0
ITtcktburg.Kalnfall.ln
Days
67-7
8S0
870
660
81-0
40-0
86-0
88-4
87-0
88-0
48-0
89-4
80-0
88-4
890
470 460
98-2
rain..
Dmyt nin..
8nM>KJkaiw»-
89-2
5s-(
Daya rain..
(lilaiul—
Kalnfall.ln
Days rain.
Kalnfall.ln
90-0
43-(
980
76-0
69-()
750
Lowest...
ArenMce.
34-11
40-0,
»3-7
4a-0
63-S
68-8
Sl-0
80-0
750
IWO
24-11
33-3
53-3
20-11
73-0
76-n
450
4-<:-9
91-0
S6-0
7C-C
58-0
6a-
58-5
90-1
87-C
82-0
76-1
30-(
699
69-v
85
8rc
4(!-0
59-0
78-8
880 10-3
67-2, 53-3
50-0
87-5
WO
780
55-5
71-2
880
85-0
61-0
75-0
57-0
78-7
81-4
91-8
74-8
88-0
50-0
78-3
88-0
48'C
•art
8S-3
48-8
70-4
eo-0
3n-0
65-4
98-0
35-5
64-8
98-6
Paltatine.—
ATenure..
fort EUiatrBlKbest...
S«-0' 50-4
75-0
78-0
f-8-l
890
Lowest...
Avera^re ..
l-ti
9-4
14-1
21-0:
83-0
41-0
49!
45-6
78-0
2-0
41-9
660
87-2
8-H
41-4
81-4
41-9
680
280
88-0
85-0
83-0
56-4
5r9 B9T
87-4
Atutin—
80-B
aa-0
76-0
21-5
80-0
44-0
57-4
60-51 61-4
80-5
40-0
59-2
89'
22-:
62
60 6
62-4
88-0
68-0
00-6
930
49-
58-0
«5ol 69-9 73-2
733
7.'S1
89-0
41-0
78-0
40-O
400
89-0
47-0
Kalnfall.ln
Days
rain..
Days
I
March.
i
aamfatt.
1890. 1889. 1888.
1880 18;9. 188H.
1880. 1889. 1888.
KorJoUi,—
RainfalMi,
Days rain..
4-09
11
7-62
11
16
4-03
15
0-87
3- TO 11-87
8
15
4'58
17
8-46
17
N. CAR'NA
WilmiriQVnRainfall, In
Dars
rain..
1-26
l'<!
4-8«
2-41
10
16
3-.'W
3-87
14
12
1-50
11
4-74
11
5-B7
18
2-73
7
WWdon.—
3-f3
11
3-S3
ruin..
HAlQfall.in
Pa ys rain..
3-93
11
4-59
RHlnf.ill,lD
Days
Oharmu—
Wuton—
4-21
8
10
9
1-18
8-48
12
S
12
8-84
14
2-60
2-Stt
2-75
661
9
7
4
19
6-45
10
5-89
15
1-10
658
9
4-41
Kalnfall.li.
7
b-rs
11
1-62
6-2S1
S
10
11
2-11
3-94-
3-68
3-28
5-29
0-81
3
8
9
6
7
6
8-60
3-87
ralD
e-oi;
13-82
7
9
8
16
3-6(
2-58
2-41
239
5-82
9
7
8
7
8-67
18
0-98
12
1-72
II
5
12
4-0(.
3-63
6-13
11
330
8-11)
1-28
5
4-5;
8-84
12
Sftoutmrv—
Ralnfall.ln
Days
Days
1-65
rain..
2-73
7
3-27
9
11
V
1-95
6-03
5-24
6-10
6
8
7
9
1-58
4-20
4-2f
2-44
8
7
11
2-80
It
5-78
4-54
II
305
ruin..
ilftm.—
RalofalMn
9
4-10
5
6
6-88
10
1-90
1-13
6-98
3
4
7
4-17
13
0-95
6-«<)
7
13
6-aS
1-02
4-50
10
0-83
1-07
I
3
Columbia.—
Ralnfall.lD
Days
ralD..
2-18
1-61
6
9-20
11
7
6
2-72
I
7-79
10
2-33
8
8-71
5
8-491
8-18
11
•2-04
8-64
1-34
6-32
13
9
4
IS
Aumuta,—
Ralnfall.lD
10
rain..
10
U
8
Atlanta.—
Rainfall, Id
Days
rain..
aEOKUIA.
3-36
11
5
1
I
S-16
7
989
13
BalDfall,U
1-08
7
7-06
Days rain..
5
3-42
12
2-75
13
3-62
8-16
10
4-02
8-51 13-78
1-03
2-24
239
3
0-71
4
I
3-13
12
0-35
4
6
3
2-34
4
12
610 204
5
rain..
Days
rain..
4-96
4-88
2-9(
5-lD
3-45
8
6
9
8
4
6-74
7-37
2-66
8
8
9-05
10
2-45
8
4-38
9
8
2-48 11-50
3-23
3-30
«-95
9
3
3-52
0-56
4
'
RalDfalMn
i>aya rain..
Lake CUy'—
RalDfall.ln
Days
ralD..
TUuniOe—
Ralnfall.lD
Days
n
6
6
0-61
9
3-85
15
0-87
7
3-85
11
2-88
lU
1-38
1-67
0-96
3-M&
9
6
8
8
2-07
0-94
S-IB
6
4-69
10
0-44
4-88
8
IS
8-30
8-30 10-50
13
8
8-20
3-44
366
9-28
9
10-64
8ii6
l"
13
8
I
I
I
9
8
7
»m
3-37
0-81
9
8
193
•
4-30
1
«
8
I*
l»U
3-19
i'«a
»B8
8
«
6
4-36
10
l-tt
lU
7-88
IS
8-3«
II
8-33
8-41
7-86
I-I7
10
•
3-83 12-50
3-80
1-10
8
9
12
8
10-10 10-00
,
6
1-ao
4
3
8
10-90
2-07
I-8S
8
8
11
•TO 0*0
8
•a*
»
1-80|
8
9
IS
13
10
«
3
16-89
II
8-63
8-47
0-41
r88
8-3
3
2-81
7
3
8
8
8
3
«-48
8-48
506
r77
6-K
9
14
14
4-88
10
0-84
8
3-78
12
6-17
IS
8
lu
5-80
1-78
8
3-06
s*ra
7
9
7
^.1*
\M
6-18
301 708
I?
BUS
•
4
8
4-M I-M
•
7
T
«-»7
tntt
•
840
2-32
g-80i 6-30
IS
It
8-33
12
8-»j
3-32
•
8
7
163 784
11
9
10
IS
Ralnfall.lD 10-95
13
1-84
8-78
IS
8-84
«-4S
14
14
18
9
7
8-18
13
1-90
7-9)
IS
6-33
14
3-40
18
e-;o
14
8-47
11
113
10
8-49
11
8-71
8-Sl
7-81
8-49
r«3
8-32
a-16
3-7.'
8-8S
7
8
lU
8
10
ii;
3
7
«
11
8-10
12
8-71
8-26
14
8-06
8-17
3-91
3-63
3
3-27
19
4-39
3
8-33
11
11
7
II
»-S4
10
1-98
2-94
7-34
«-«e
3-31
8-M
1-81
8-U
18
7
8
8
1-40
4
5-88
8
3-14
10
s-is
9
9-48
8-82
8-83
8-47
9
18
6-99
12
8-31
11
4-84
10
4-63
10
4-Oi
11
4-74
8
8
10
7
0-02
o-t-s
0-61
002
1-2)-
0-40
4-86
2-89
1-60
0-7*
3
1
7
5
3-91
16
9
8
8
3-Oi
7-88
0-58
4
0-88
8-48
5-49
8-83
6-57
8
I
8
lU
8
4
•
5-M
4-70
B-4*
14
8
8
5-0O
10
887
TBNNBS'B.
Days rain..
HemphU. —
Ralnfall.lTi
Days
rain..
At^wood.—
RalDfalMn 10-34
Days rain..
iuetin—
RalDfalMD
Days rain.
U
8
S«4 383
4-18
9
4-42
16
1«
.4*
11
«-o«
TRXA8.
SolMston.—
Days
rain..
rain..
4-83
1
8
7
rw
I
18
ri*
I
AustinKalnfall.li
Days rain.
4-34
4
lU
9
FlKures for I88S are for
:
8
&
I
10
8
8-9S' B-87
8
8
I
IS
Archer
SaiPPiNa Nf.ws.— The exports of cotton from the United
States the past week, as per latest mail returns, have r^ched
20,438 bales. So far as the Southern ports are conceme* 1 these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
Include the mauifest.-) of all vessels cleared up to Thursday.
New York—To
Liverpool, per stcimera Armenia, 1,514 ...
Biltminio, 1,737... City ot CLicago, l,!<ei....lta)y. 643
.....Mnjeattc, 310 .. Olbers, 351... St. Pancras. 1,560 ...
To
To
To
To
8,041
1,587
Mbw
Hnll per steamer Hliidno, 1,5«7
Br'-men.
(icr
f^teamora Aller,
20
..
Eider,
60
40
U^mbnrtr, per steamer Butiomla, 100
Aniw rp, prr steamer Nedurland, SO
Orlkans— I'o Llverjiool, per su-ameni Andean, 2,343
(joTuriior, 5,127
100
60
...
7,360
Galveston— To Llvirpool, perstejiiner Erui-res^, 10
Norfolk— To Llvtrpm I, per steamer Kiirhiiic l-HO
BosiON— Til Liviri^ool, pir steamara Catalonia, 1,040
Kaiie»s,647... Pales!lne,542 ...Pavouia, 27J .. Haman.
10
leo
3,808
To Annapolis. N. 8., persteanicir New Bruiuwlck, 50
Baltoiubb— To Llverimol, per steamer Buenos A^rdan, 175....
To Bremen, per ateanier Dresden, 3
SO
179
8
20,433
Total
503
11
6-91
12
I
-93
S
11
15
4-49
2
13
11
8
0-68
5-41
3-64
1-34
1-15
3-50
l'S3
3
12
9
4
4
4
2
2-10
3
0-70
2-00
8-50
0-88
6-40
8-84
7-11
10
1-6/
14
12
8
7
Ralnfall.in
3-75
8-10
DaysralD..
4
5
8
4-65
6
2-75
4
I
6-45
7
S
8
0-85
380
2
3
5-49
009
0-66
4
8-85
000
1-70
12
9-16
16
8-93
16-14
20
12-38
11
8
8-80 10-40
11
2
I
NorfoU
Boston
Baltimore
Montflom'v.—
8-48
10
3-49
767
rain..
10
13
Ralnfall.it
Days rain.
2-86
e
4-64 10-83
10
,
18
3-93
!0
I
3-13
2-96 11-51
4
li
7
I
7-24
1-88
1-65
II
8
4
1-08 10-19
7 .1 18
1-28
3-39U 6-50
6 n IS
8-98
4
e
5-18
17
Bam-
Bre-
t>ool.
Bull.
mn.
8,011
7,369
10
1.537
60
Aanop-
burg.
Totml.
50
100
180
3,808
173
18,533
9.838
7.369
10
•••>•
"so
2,858
50
.SO
20,433
178
100
63
1.587
1,587
Below we add the oleacances this waek of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
New Orleans—To Liverpool—June 7—ateamers Bna^e, 3,200; Wm.
CliiTiiid, 2n<0... June 11—Sbnmer Califiirni.in, 6-i8.
To Bn-men— June 7— Steamer Erl KIur. 419.
Savannah—To Oporto— June u— Ba k Ulama, 1.200.
June 6—
Boston—To LivoriHiol-June 3— sti««mer Virginian, 3
June 9— Sieamer Nnrerman, 266
Ste mer Cephaloni.-i.
... Juno 1«—Stpamers Bnlcaiian.
June 11—
To 'VarmoHth-Juuo 6 -Steamer Yarmontb, 144
.
Steamer Ya-inotttb.
ALABAMA.
Days
889
Si^mtUe.—
N.Orleans
Galvrsion
6
0-88
0-99
5
8-78
tallahasgef—
Kalnfall.ln
•
8-70
8-17
Total
6
rain..
8
1-93
808
New York
7-31
JackMnville-
BalnfalMn
8
4-49
3-98
8
FLORIDA.
Days rain..
Tampa.—
8
0-M
torm, are as follows:
Fartyth.—
Ralnfall.in
*
4-88
S-8S
12
6-51
8-06
10
3
BMtve.—
Days
8
7-70
bteer-
Rainfall, in
Ralnfall.in
8
4-34
IM,
The particulars of these shipments, arranged in our oaual
Bawmnah.—
Days rain..
Columbus.—
3
6-83
er$8
14
307
SKORQIA.
Days
3-91
1-MW
-
Wlstoiislu, 5b'6
Okarteston—
rain..
S'04
4
8'«8
US
ITt
a. CAROL'
Days
r44
W
Total
2-89
10
4-83
7
2-0O
6
1-75
7
4-80
7
RalnfaU,li
Rainfall, li,
B-00
4
.
Days rain..
Hananton.-
Days
7
6-26
2-13
12
8-OS
10
10
8
Days
8-28
12
1-98
11
3-eo
IS
I
1-8S
Fort BUint—
KalDfall.in
VIRGINIA
8-4«
II
8
rain.
Kalnfall.ln
1880 18E9. 1888.
IS
8-88
Smi h—
KalnfalMo
Days rain
Days rain..
PaluUne—
May.
AprO.
•48
3
13
l-M
6-87
18
Fort
Ralnfall.in
FeJyniarv.
8-88
B
itima—
.
Highest...
8-47
ARK'VSAS.
86-0
81-0
88-0
88-0
66-3
r7»
7
l(M»
0-8-I
4
1-46
S
.3.74
I-Bt
UN.
I
3
3
l-*«
9
tlW
8
3-80
10
ib».
UM.
UMB.
3
7
Dars rain..
ClurkidaU-
LUtU Boek.-
88-0
I
4-44
Halnfall.ln
860
4^0 420 410
6»0 9S-5 67-3
88-0
62-0
18-0
5«-8
a
lt«0.
8-81 I1-S4
7-84
11
10
rain..
LVtertvUIII-
440
I
YsuiUrlran*-
88-6
45-0
fidlffeston.—
..
8-03'
990
80-0
83-0
460
71-0
21-0
44-0
liOwest
Lowest
4-68
82-0
39-0
s»-o
61-9
78-0
Average...
RalDfall.ln
Itaysralo..
Srd. OoUauKulnfall.ln
97-0
080 80-0
400 410
3:1U
58-8
50-1
2(1-0
730
Bl«liest...
18
712
88-0
44-0
87-4
850 850
780
fli!-0
Lowest
10
4'J-O
82-0
37-0
00-0
79-0
ia-0
78-0
.
8 78 1181
6
90-0
62
7S'8
23-0
46-6
68-3
ll-O
41-S
75-0
24-U
HtKhest.
lO-W
8
2-97
90-0
Amtin..
3
RalnfalMn
Days rainmrsMport.—
84-0
44-0
86-8
A$hwood.—
BiRbest.
i-as
8
»-7«
Kalnfall.ln
Kalofall.ln
Lowest
BiKheat...
liOwest
AveraKe...
8-79
18
3-76
11
7U-0
ira$hvUle.-
MimphU.—
7 9:
8
Days rain..
4ll*l*f7l—
TBNNKS'K.
HlKhest.
urn
8-78
680
Helena—
Hlgoeet...
Lowest....
AveraKo...
tort SmitltUlKbest...
i8».
6
90-0
42-0
81-0
UttUJiock.-
Lowest
1890.
6-82
lUlDfalUn
flO-0
47-0
9i-0
ARKANS'S
UiKhest.
l8HeiI!««.
Mmo—
78-0
32-0
5S-0
Lowest
1880
Arm.
Marek.
ftrAruoni-
Jhermtmittr
18.^.
To AimapoUs-Jui o 10—Steamer New Bruntwick, 100.
Jons
Baltiuobic— Til Liverpool— Juno 7—Steamer Barrowmore, 95
11— Steamer Qut-ens-Jinre,
To Brcuion— Juno II— Steamer Amerio,
To K tterdam-Juno t>— Steamer Dug
PHlLADNLfiUA— To Liverpool—Jn le 10—Steamer BrIHsh PrlDOe, 880.
.
.
•,
.
THE
841
OffiONlCLtl
Below we give all news received to date of disasters to
Teasels carrying cotton from United States ports, &c.
Cirr OF Rome, steamer (Br.), Young, from New York, arrlvpd at
Qiieenatown Jnue 8. She marte land In a dense foj; at 4 o'clock
tliat morning, and was going slowly, taklnc soundings, wlien she
atiuck Fas' net Rook, bow on. On examination at Liverpool tUe
damage sustained was found to be muiU more serioua tUau was at
first euppostd. The prow li torn away for a distance of twenty
feet from the keel, thsdHnrigc extending laterally for the sama
distance. A further examination reveals a hole twenty feet long
In the plates covering the foropeak. It will occupy a much longer
time than was at llret expected to make the necessary repairs
upon the steamer.
Cotton freights the past week have been as follows:
Hon.
Balur.
steam d.
liiTCirpool,
Do
'18
latedeliv'y.d.
Havre, steam
Oo
Do
I4®5i5
j^ae,
>4®5i8
e.
e.
indirect, e.
Hamburg, steam.c, "32 w
Do via indlrect.c.
18
....
....
....
....
45'*
Amat'd'm, steam.e,
45*
45*
....
45*
45-
45*
indirect.. d.
Beval, steam
Do
^®5j8
j^'aiOig
e.
sail
Bremen, steam.,
Do
m.
Ikurt.
Wtdnet.
Tutt.
sail
"t«
13«4
ise.
13*4
d.
....
....
....
....
....
».-!!l
*32
8.12
»32
».H
Baroelona,Bteam d.
i^e4
.d.
i^ai
^Hi
"m
"e*
».12
steam . d.
B.ia
»32
».S2
»3a
l8
le
Antwerp, steam d,
%
^
%
* Per 100 lbs.
IiIVBRPOOL. By cable from Liverpool we have the following
Btatement of the week's sales, stocks. Ac, at that port.
G^oa, steam ..
Irleate,
BREADSTUFF S.
Friday, P. M., June 13, 1890.
market has been dull, drooping and unsettled.
Holders would have made moderate concessions if by doing
so they could have closed out considerable lines, but having
no assurance to that effect they maintained previous nominal
values in most cases, which kept business within the narrowest limits. To day the market was quiet and quotations were.
The
flour
unsettled.
The wheat market was dull and depressed, but without important decline, until the appearance on Tuesday of the report on the condition and prospects of the crop, which cama
from the Department of Agriculture. That report, though.
not so favorable as last year, was better than expected and
caused some decline. The lower prices led to the purchase of
about 300,000 bushels for export on Wednesday, mainly No. 9
red winter at 95@95KO' t. o. b., but including No. 3 do. at
89o., No. 1 hard spring at $1, and No. 1 Northern spring at
futures.
OAILT OLOSnia PBIOU OF KO. 2 BSD WIMTBB WHEAt.
. .
—
May 30.
May 23.
week
32.000
1,000
4,0(0
23,000
5,C00
40,000
986,000
676,000
32,000
10,000
85,000
23,C00
67,000
2,000
6,000
63,000
Actoal export
6,000
69,000
Forwarded
Total stock—Estimated
1,008,000
Of which American— Eatim'd 706,000
Total Import of the week
71,000
Of which American..........
27,000
Amonnt afloat
80,000
Of which American
20.000
Bales of the
bales
Of which exporters took....
Of which speculators took. .
Bales American
June
June
6.
41,000
2,000
4,000
32,000
8,000
55,000
917,000
643,000
24,000
15,000
110,000
35.000
34,000
1,000
1,000
27,000
3,000
49,000
935,000
627,000
41,000
27,000
107,000
23,000
of spot cotton, have been as follows:
Saturday Monday. Tuetday.
Spot.
Flat.
Steadier.
Wedne$. Tlntrtd'y.
Doll.
irreffular.
Mid.Upl'as.
Friday.
In buyers'
Barely
supported
favor.
6»s
Bales
Bpeo. dc exp.
5,000
7,000
6,000
7,000
6,000
5,000
SCO
500
500
500
500
500
lulurei.
Market, }
1:45 V. M.J
Quiet at
Steady
partially
1-61 dec.
!!-«4
Market,
4 P.M.
Weak.
at
Quiet at
adTance.
partially
1-fil deo.
Quiet.
Steadier.
Steadr
at Quiet at
partially 2-H4 03-64
1-84 adv.
decliae.
June delivery
Quiet.
oc.
0.
o.
0.
0.
July delivery
August delivery
September delivery
December delivery
May,
13.
The tone of the Liverpool market for spots and futures each
day of the week ending June 13, and the daily closing prices
Market, i
1:45 P. M.5
These purchases and some fresh unfavorable
98Ji@99J>ic.
crop news caused on Thursday a partial recovery. To-day
there was a fair business for export, which, together with
steadier cable advices, caused a slight improvement in
"64
d.
[Vot,
'91, delivery
Sat.
Ifon.
Tuet.
95H
95 >a
«6i58
94^8
95J8
94I4
9438
96I4
loo's
100 14
95^
9o>9
95i8
95's
95
95
97
100»9
Wed.
93iS8
937e
93 18
93
Tlivrt,
Fru
94
94
93 14
94^4
94 >«
93°s
931*
9638
9314
95
9 4 'a
9858
99
983s
limits.
Early in
Indian corn has fluctuated within narrow
the week supplies were largely increased by the arrival of
boats that had been detained for several days at a break in
the Erie Canal. But the export demand continued very
large and prices stood up very well. To-day the regular trada
was active but the speculation dull.
DAXLT OI/OSWO FBIOKS OF HO, 2 HIXBD OOKll.
Thtirt.
Mon. IWf.
Wed.
iW
Sat.
40''8
41
0. 4138
41
40%
41H
Jane delivery
42
41
41%
Vi^
41%
4108
c.
3t
July deUvery
Auj,'Utt delivery
0.
42%
42»8
i2^
4238
4238
43i8
4313
4334
4338
43
September delivery.. ..c. 4338
Oats have been activa for export, fully a million bushela
havi; g been taken for export this week, of which 200,000
bush, to-day at 35J^c. for No. 3 white and
mixed afloat.
D.tILT 0I.O8IIIO PBI0B8 OF NO. 2 lOXBD OA'TS
lue*.
Wed. Thur$.
*»(.
ifon.
34i8
34»8
0. 34>8
33%
33%
June delivery
3314
S314
c. 33=8
3iH
33H
July deUvery
32»8
3238
32
31%
c. 32>4
August delivery
3138
30%
c. 31>4
31
September delivery
31»b
Bye
declined,
and some export business was done
Frt.
33V
S3i«
Sl^a
30»a
at 56J^c,
No. 8 Western.
The following are closing quotations for wheat flour ii»
barrels. (Corresponding grades in sacks sell slightly belovr
these figures)
}
steady.
5
Quiet but
Very
steady.
steuay.
The opening,
highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middlias clause, unless otherwise stated
Sat.,
June
Mon., June 9,
7.
Tuoa..
June 10.
Fix>inu
9
Fine
$4 '75a$5 2»
?2 OOS^S 25 Patent, winter
2 309 2 75 City shipping, extras. 4 35 9 4 50
2 G5» 3 30 Rye flour, superfine.. 3 009 3 20
Fine
2 759 2 90
3 309 4 00
3 75® 4'25 Com meal
2 309 3 45
Western, &o
4 309 4 80
Brandy wine
2t0a ..„
5 009 5 50
bbl.
Bnperflne
Extra, No. 2
Kxtra, No. 1
Clears
Siralghts
Patent,sprlng
,
QJUlJU.
Open\Bi<ih Low. Clot.
d.
Jane
d.
6 30
6 30
June-July
July-Aug... 6 33
634
August
Aug.-Sept
6 31
September.. 6 31
.
630 6 30
633
6 33
Oot.-Nov
S56 656
Kov.-Dec... S6S 6 63
Dec.-Jan.... 6 62
Jan.-Peb.... 6 52
5 52
5 62
6 63
Feb.-March. 568
6 30
j
6
6
6
5
6
6
6
6
31
31
02
50
63
62
62
63
\
d.
d.
a.
633 633
'
6 33
6 30
633
34 634 634
6 31
6 31
6 03
Bept.-Oot... 6 02
d.
d.
6 30
6 30
6
.
Open.IIigh [Low.\ Clog.
'
6 33
d.
6 31
6 32
6 29
6 36
6 37
6 37
6 37
6 31
8 37
d.
628 628 627
628 628 6 27
6 35
631 634 6 33
6 31 6 31 633
605 6 05 6 05
656 668 6 59 558
653 556 6 56 555
6 62 654 665 651
5 52; 654 5 55 661
553 6 56 556 555
d.
633
633
636 636
6 31
6 31
6 03
Open\High\Low.
634
6 05
5 58
566
656
5 65
566
6 31
6 30
6 32
629
629 6 30 629
602 602 6 01
6 66 556 5 55
6 52 551 5 52
5 51 563 5 51
5 51 663 5 51
5 52 561 5 52
6 30
Ctos.
d.
6 27
6 27
6 30
6 33
6 29
629
6 01
666
5 Si
553
6 63
661
Wheat—
al 00
9
94%»
80 9
90 9
White
Com, per bush.—
c.
0.
87
Spring, per bush...
Bi)ringNo. 2
Red winter No. 2..
Red winter
West'n mixed. S bn
West'n mixed No.2.
Western yellow
Western white
96
93
98
Cats-Mixed
9 42
9 41%
9 43
9 44
33^» 351a
40
41
42
43
34139 40
White
3ii49 35H
No. 2 mixed
54 9 R6H
34149 35>3
No. 2 white
54 9 57
The movement of breadstuffs to market is indicated in the
I'ltement below, prepared by us from the figures of the New
first give the receipts at Weatfork Produce Exchange.
ern lake and river ports, arranged so as to present the comparative movement for the week ending May 31, 1890, and
since August 1, 1889, for each of the last three years;
Rye-
Western, per. bash.
State and Jersey .
We
I
Stceipts
Wed., June 11.
Open Bigh Low.l
Thurg., June 13.
Open High' Low.,
C(o«.
Clos.
Fri.,
,0pm
at—
June 13.
Hiflh toio. Clog.
I
Wheat.
.Flour.
60.019
19.040
ChloaRO
Utlwaukee..
j
d.
d.
June
6 26
June-July.. 6 26
Jnly-Aug... 628
Aosnst
6 30
Aug.-Sept... 6 27
September.. 6 27
Sept.-Oct... 6 01
Oct.-NOT.... 6 65
Kov.-Dec... 5 62
6 28
6 28
6 31
d.
d.
d.
628
626 628
'
633 630 633
680 6 27 6 30
6 30 6 27 630
6 02 6 01 602
j
6 67
5 61
5 56 etD7
6 62> tfu
d.
626 6 26 625 626
6 26 6 26 6 25 624
628 6 29 637 628
6 31 6 81 629 630
6 28 6 28 627 eS7
6 28 6 28 627 6 27
6 31
BecJan.... 6 51 6 63 6 61 553
Jan.-Feb.... 6 61 6 63 6 61 653
Feb..Maroh. 5 62 6 61 6 62 661
d.
d.
d.
d.
d.
I
6 26
6 28
d.
I
6 01
6 55
'
6 02
!
6 01
6 01
553
666 666 666
563 6 62 6 62
6 62
6 62
6 53
5 62
6 52
6 63
6 61
6 61
6 52
6 62
6 52
6 63
627 6 28 6 27
627 6 28 6J27
629 630 629
6 30 6 31 630
628
628
6 28
629
629
6 29
6 29
6!: J
628
628
602 603 6 02
6E6 6 67 666
6 53 6 51 563
6 52
6 52
6 63
6 53
5 62
5 63
6 61
5 52
663
6 30
6 31
6 03
5 57
651
653
5 53
6 SI
Corn.
Dnltttb
Minneapolis.
Toledo
Detroit..
Cleveland.
78.328
1,1931
.
.
2.e09|
..
6,1-59
3t. Loula.....
22.623
Peoria
1.800
Tot.wk.'90.
jama
Same
nk.'S9.
wk.'88.
3ince Aug.
2:8.693
159,172
111,217
416.830
32.613
102,113
27,300
101,245
7,0c
3,770,309
18.180
Barlov.
Oatt.
BiM?>.18 W169.741
2,958.871
116,030
136,500
B6'<.I96Uu ;BlMk.60 U» BluH.56 lb' BiMh.32
I5j
Ry»
Bu. seat
108, 82»
41,110
19,419
1,977
«e8.D2S
49.175
17,080
1,781.776
117,600
71.170
1,936
9,888
820.505
323,000
8,151
12,000
11,018
6,036.531
3,758,184
311.209
59,-70
170,487
35,011
4U.242
181.801
1,179.163
167.857
218,422
818,526
3.296,365
1,811,571
1.551,113
2,776,321
3,237,168
70O
8.80O
72,151
40434
25,386,593
84,617,092
5,803,870
1.
1889-90....
10,392.801 110,870,911 159,703.197
1887-88.
8,368.159 S4.86«.;12J107,915.053 7.5,120.146
10.858.769 ini\493,»28l 7ii.693 5asl »9 578.822' 2i',lf'5.001
81,630.18'
1,586,>:08
1.866 053
June
THE CHRONICLH.
14, 1890,J
The exports from the several seaboard porta for the week
7, 1890, are shown in the annexed statement
«ndinK Jane
I
Mzporti
Jromr-
Wheat.
Hour.
Com.
Bbli.
Biuh.
BfewYork
Boston...
Portland.
Hontreal.
322,701
684,385
140,173
85.777
218',662
9',7"6
121.825
333,146
133,402
30,714
41,362
31.227
N.Newa..
Blohm'd
Tot. week.
48,624
26,659
32',00O
FkUad3l
Baltlm're
N. Orrna.
9aU.
Bruh.
269.304
89,972
By*.
BumK.
111,429
13'i99
Fea*.
18,785
639,610 1,938,783
1890.
Qreat Britain
124,628
19,406
153,830
3.616
22,503
01,953
South America
grain, comprising the stocks ia granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, June 7, 1890;
Bnrley,
Com,
Oat$,
Wheat,
6u«A.
I>mn.
In store at—
tnuh,
buth.
31,749
New York
2,081,765 1,127,003 921,571
12,011
8,200
Do afloat....
8,300
8,000
Albany
31,500
107 ..^.00 173.100
10,049
Buffalo
249.385 209,705
50,155
1,018,780
336,741
31,908
CMoaRO
4,!>76.076 6,262,343 2,005,410
Milwaukee
645.712
6,465
1,457
68,143 141,2.15
Dalntli
1,628
3,102,394
"§",313
Toledo
221,321
""sso ""862
499,960
3 748
Detroit
242,625
49.211
15,090
2,054
170,000
50,000
16.000
Oswejro
88.073
7,556
1,551
8t, Louta
479,731 1,744,973
Do atlo.it
39,960
179,643
"2,606
9.000
Cincinnati
13,000
7,000
6,000
Boaton
26,929
217.6t>8
74,761
123
3,742
1,170
Toronto
113,736
1.001
889
la.OS.")
93,ti98
Montreal
172,118
98,647
01,213
48,705
Phlladelplila
43,559
601,535 128,123
Peoria
10,280
205,694 188,110
'l6",681
Obi
Inllanapolls
59,285
4.667
20,080
"5'839
Baltimore
04,910
178.660
376,937
MlnneaiMjlia
7,641, '^49
13,392
8t. Paul
250,000
On Mississippi
100,343
41.340
On Lakes
37,010
269,298 1,014,674 1,395,524
35,000
On canal & river.
392,0G0 1,510,600 666,500
85,000
4f,500
14,214,(09
12,6-5,271
12,020,237
11,105.063
12,510,074
6,167,955
6}7,400
6,033,732
712,708
6,333,110 1,067,239
5,329,313 212,985
3.282,803 253,880
588,811
605,489
385,623
262,201
168,815
THE DRY GOODS TRADE.
Total
*Clilna,'-;a
Tjta'
65
204
4,553
1.038
28,174
2,504
2,280
1,604
7.834
1.622
3.819
16,989
1,519
998
41
2,297
14,715
1,562
217
678
8
430
53,549
20,398
1,068
67,315
26,714
430
73,947
1,665
94.029
Vancouver
From Mew KnKland ailll
105
905
12
82
47
17
Central America........ .....
2,476
120
India
329,276
Week. Wties Jan. 1.
1.
13,860
1,276
4,022
3,783
7,655
Arabia
Africa
Weat Indies
The visible supply of
Tot. June 7,'90. 21.791,137
Tot. May 31, '90. 22,451,931
Tot. June 8.'89. 18,892,181
Tot. Jiiuo 9,'88. 25,752.815
Tot. June 11,'87.42,112,176
23
29
100
the
1889.
Week. Sinee Jan.
Cblna
8'me time
1889...
packages, valued at |37,G)3, their destination being to
points specified in the table below;
691
600
160,746
OoMisTio Cotton Goods.— The exports of cotton goods
from this port for the week ending June U were 480
B\uK
3,071
471,705 1.634,683
845
8
"357
points direct.
The value of the New York exports since January 1 have
been |3,184,491 in 1890, against $3,939,597 in 1889.
There was a well-sustained export demand for plain and
colored cottons at fl st hands, and a fair business was dona
with jobbers and the manufacturing trade. Prices ruled
firm all along the line, and sucli changes as were made by the
mill agents were all in an up'varJ directijn. Brown cottjns
were in fa'r- aemand, and such prominent brands of sheetings a.^ Boott, Great Falls E, D.vij{ht S-.ar, &c., were advanced i^c. per yard. Bleached shirtiags and cambrics, wido
sheetings, corset jeans and co'.ton flannels continued to mo'Vd
in fair quantities at steady prices, and there was a light demand for colored cottons by jobbers and the manufacturing
trale. Dark dress ginghams continued active and there waa
a fair business in dark faijcy prints. Print cloths ruled quiet,
but closed firm at 3%c. bid for UxCla and 8c. for 58i«08.
1890.
stock of Print OMhe—
Held by Providence manuCers
Fall River manufacturer*
Providence speculators
Outside apeoulatora (est)
Jane
1889.
June
7.
401,000
110,000
None.
15,000
188S.
June
8.
85?)00
25,00 J
None.
None.
9.
3,000
8.000
None.
7,800
526.000
110,000
18,800
for imported goods was
quiet as regards new business, but importers continued to
make steady deliveries of certain fabrics on account of back
orders. Tlie jobbing trade in foreign goods was only moderate, but retailers have reducsd their stocks of summer goods
to a pretty low point, and jobbers look for a fair supplemenStaple fabrics remaia
tary demand in the near future.
steady in price, owing to the probable enactment by Congress
of a higher tariff on imported goods.
Total stock (pieces)
Foreign Dry Goods.—The market
Nkw York, Friday P. M„ June 13, 1890.
As a whole the dry goods market was quiet the past week, as
is usually the case at this time of year.
The demand for seaImportations of Dry Goods.
sonable goods by wholesale buyers was chiefly of a hand-toThe importations of dry ^oods at this port for the week
mouth character and light in the aggregate amount. The
ending June 12, 1890, and since Jan. 1, and the same facts
mill agents continued to make fair shipments of staple cotton
(or the corresponding periods of last year are as follows
goods, on account of former transactions, and domestic woolen
s
P3
Si
P
goods were distributed in considerable quantities in like manner, but tlie current demand in this connection was only
moderate. The jobbing trade opened quiet, but H. B, Claflin
& Co. announced a clearance sale of their entire open etock
of domestics, prints, ginghams, domestic dress goods, &c., in
the fore part of the week, and there was a large influx of re-
"
K^X
s2._-
*
ft
cH.
8>'
B
Si
p;
buyers, who came in order to obtain the bargains ofFered
by the great jobbing house preparatory to "stocktaking,"
and the inauguration of the H. B. Claflin Company on the
16th inst, The clearance sale of the above firm was a remarkable success, not a yard of prints and ginghams having remained unsold at noon on the second day of the sale (which
lasted only two days), while the open .stocks of domestics and
dress goods were almost entirely closed out.
.
:
B'
.
:
•
•
'
«
;
•
.
:
'
!
ST
:
g
"
:
;
B
.
^
INN
o
.
.
.
tail
MCI
taken in relatively small parcels for the renewal of assort
ments, but transactions were chiefly restricted to "carried
over " goods. Some fair sized orders were, however, placed
for new union and cotton-warp cassimeres for later delivery
at about last year's prices. Satinets and doeskin jeans were
in light request, but the best makes are fairly steady in price.
Cloakiogs, stockinets and Jersey cloths ruled quiet, at un-
changed prices, and there was a fair businesj in soft wool and
worsted dress goods, while flannels, blmkets, carpets, fall
skirts and shawls were severally in meagre request, and the
demand for wool hosiery and heavy underwear was less
- -i^
*-•
fO I-
w
1^1^ CO to CO
X T i^ CO
COr--'CM
lOh-MCSOO
oa'-*cj o:o
ooE
- cc c; O C4
to:^xoi^
CI Ota -go
o
COWOOD-^
—
COI-'
ODM
tOOJOJOSH*
CC GDC- coo
P.™
X
MlOMpI
MOD
O
n
CO
rf*. tffc
Ui
rfk.
CO-1
OS
MO*" 00
CMO'O:;
M
Oh*
.X
w 00 C
rf*.
in
a M
COO
.(-to
b
"ic^b
CS — *kXO-5B
ex
*.I0
W:D0-1
lobMyiio
to
toViMoab
ttxb'tOA.
c - ;; o
o
:cur::o3i
lo
:0
^ to
^:^IOUM
O
to
p^-^xto*
I
»- 60
I
icjo
2.33./
17,233
Ma
I
56,278
c;«'-';<«xi:
131.8(t»
72
»«»«J — c; yt ;;*
I-*
MtO
!
c:
bx
w' ^ X <J
^
10
O
C5W
101.588
15.707
8.711 6,982 7.903
2S'
-r. c;i
I
0»;4
H*
:.rf--x
WW) sob
T. c;
u:ovrf*-4
CCtOiC^Oi^
C: »o »• X jO
^>' a Clio
bVtfkbb
-.1
i*
fcc
w
^.T
rj O"
CtOOO^D
*" O 5: — 10
tO"---
CM
ft
»
4>'
1^
2§
-"
CitO-^i-*-^
w«
CJllO'tOi^tS
00
a*
SL
'
>
loalo^yi
1-
I
00
rfhWMODOO
to
«>
to
0)
j^-4X»tO
M(0i0»C0
f-C5
w 13 =>
M tt to
w -0 w
oj'x
,.03
iOaOQDj-C
WM MMMMCt
glo.
10
00
l^MtOi^C
COXOCQM
CAM
OS
'
M
<DODtO»dC
10-1
00 *J
o
cDto*;j»c;b
-.*
^_^^
C
C*
XQOtnQOOl
00l**M<JO
**i-'t-'fcOC>3
active than expected.
•10
^03
5100
ccto
—
Domestic Woolen Goods. There were more out-of-town
buyers in the market and a slightly improved demand for
men's- wear woolens was experienced by some of the commission houses. New business was not, however, by any
means large, but there was was a good steady movement in
heavy fancy cassimeres, worsted suitings, kerseys, &c., on
account of back orders, and prices remain steady on such
goods as govern the market. Spring-weight woolecs were
tszo
00 !^ CO CC CO
00 to C" -1 en
— CIO
lOlOM —
Mbab»
.* -a *h
A^
-I
THE
846
&
Mortgage
Trust Company.
DALLAS, TEXAS.
1880.
1850.
The United
J. C.
O'Connor,
T. L. Marsalls,
W. W.
Leake,
Alfred DaTlB,
C. B. WlilUng,
H. K. Foi
George M. Troutman,
John
mCBBASB
THE MAKKED SUCCESS
this plan
bearing five and six
prove that there are no better Municipal Bonds
from the entire West, and Invite correspondence
from Bankers, Savings' Banks and investors generally In high-class securities. Further particulars
application.
New England and mid-
in
shoKB that
D. K.
GREEK.
&
&
SAM.
WM.
01
OrriOBRS:
WM.M.RiCHABDS,Prest. Gio.F.8iirwAHD,V-Pre»t.
BOBi. J. Hn.i.AS, Bee.
En w. L. Shaw, Asst. See.
DIRECTORS:
Geo.8.Coe,
A.B.flall,
J.G. McCullough
J.S.T.8tranahan, IL A. Hurlbut, J.RogersMaiwell
A. E. Orr,
J. D. Vermllye, Geo. F. Seward.
O. Q. Williams, John L. Rlker, Wm. M. Kiobarda
Wm. H. Male.
Wm. G. Low.
Mortgage Loans
FRANCIS SmiTU &
and
Co.
P.
A.
BLAGDEN,
Manager.
FRANCIS, Assistant Manaijer
BRANCH
AUCTION SALES
54
ST., N. Y.
Trust Uo.
OF PHILADELPHIA.
Incorporated Third Mo., 22d, 1885
(CHARTER PERPETUAL
CAPITAL
ASSETS, $22,696,592 98
INSURES LIVES, GRANTS ANNUITIES, RECEIVES MONEY ON DEPOSIT, returnable on
demand, or on which interest is allowed, and ie
empowered by law- to act as EXECUTOR, ADMIN.
ISTRATOR, TRUSTEE, GUARDIAN, ASSIGNEE
COMMITTEE, KKCKIVER, AGENT, etc., -Norths
performance of which its capital and
surplus fund furnish ample security.
All trust funds and investments are kept separate
and apart from the assets of the company
The income of parties residing abroad earefal
collected and duly remitted.
SAM'L R. 8U1PLKY, President.
T. WISTAR BROWN, Vice-President.
ASA S. WING Vice-President and Actuary
faithful
A
6
i
BONDS
AND BONBB
SECURE BANK VAULTS.
of aU classes of
WELDED CHItOME STEEL AND IR<»
OA YEARS OF SUCCESS
md\J
Round and Flat Bars, ahd5-ply Plates and Angle
VOVL SAFES, VAULTS, &0.
Cannot be Sawed, Cut or Drilled, and positlTel}
in
Burular-Proof.
CllUOmi]:
CiacOLAIlS FREE,
STEEL WORKS,
KKOOKLYN. N.
CO.
Highest rate of interest
^uiitent with choicest seoiuity. Ask for inf orma00.
t.on of
. SIMMONS, Vloe-Pree.
160
K. S. ORMSBY.
NASSAU BiBiiT Niw York Citt
Pres.
Bills
Ee1,452,990 84
271,871 00
celvable
$12,107,376 34
BIX PEE CENT INTEEEST on the outstanding certificates of profits will be paid to th»
holders thereof or their legal representatives
on and after Tuesday, the 4th of February
THE OUTSTANDrNG CERTIFICATES of
the issue of 1885 will be redeemed and paid to
the holders thereof, or their legal repreaenta
Mves, on aad after Tuesday, the 4th of Febni
ary next, from which date all interest thereon
will cease. The ccrtifloates to be produced at
the time of payment and canceled.
A DIVIDEND OF FORTY PEE CENT
By order of the Board,
J. H. CHAPMAN,
Secretarr.
TEUSTEES
D. Jones,
W. H. H. Moore,
A. A. Eaven,
Joseph H. Chapman,
J.
STEEL PENS.
COLD MEDAL,
Paris exposition, 1889.
THE MOST PERFCBT OF PENS.
James G. Deforest,
William Sturgis,
Charles D. Leverloh,
N. Denton Smith,
Edwdid Floyd Jones,
George H. Macy,
Lawrencs Turnure,
Benjamin H.
Waldiou
Field,
P.
Brown,
ChriatiRn.de Thomson, Anson W. Hard,
Isaac Bell,
William Degroot,
Thomas Maitlaiid,
William H. Webb,
Ira Bursley,
Horace Gray,
James A. Hewlett,
William E. Dodge,
George L. Kichols,
John L. Biker,
C. A.
Hand,
John D. Hewlett,
Charles P. Burdett,
JOSEPH GILLOTT'S
Is
declared on the net earned premiums of the
Company for the year ending 31st December,
1889, for which eertificates will be issued on
asd after Tuesday, the 6th of May next.
George Bliss,
V.
without loss to iBvestors a good reason
for buying the Debenture Bonds and
Mortgage Loans of the
H.
Premium Notes and
James Low,
H. ]IIUL<L£U & SON,
PINE STREET NEW YORK)
viz.:
York Stock, City, Bank and
other Stocks
$7,274,316 00
Loans secured by Stocks and
2,084,400 00
otherwise
Beal Estate and Claims due the
1,024,00000
Company, estimated at
EXCHANGE PLACE. NETP YORK.
REGULAR WKBKLI
KGBICAN INVESTMENT
$705,937 75
8PECI.ALTY.
Refers to all the priucipal Banking and Brokerage
houses. Correspondence solicit-ed.
ADRIAN
Aneti, K8,000,000
Premiums and Ex-
ROSENBAUn,
H. W.
CO.,
OS
1
$3,553,606 44
of
next.
)
»i,ooe,ooo
?DTB -AND CALLS ON STOCKS
EVERY WEDNESDAY.
same
Amount
STOCKS AND BONBS
NO.
$4,144,948 13
1889
The Company has the following Assets,
United States and State of New
OFFICE,
At Auction.
The undersigned hold
her,
-losses paid during the
penses
or»TiOJ>iS.
SAN ANTONIO, TEXAS.
STOCKS
Ins.
WILLIAM
Provident Life &
IN
TEXAS.
from Ist
off
CaehiuBank.
ployea
approved forms.
British
K. H. WASS, General Agent.
W. R. ECKER, Assistant Gen. Agent.
Ity of persons in positions of trust,
modem features.
Also PLATE GLASS and BOILER POLICIBa
marked
-rt'emiums
Eetums
LONDON AND EDINBURGH.
Casualty Co. No.
such as em.
of Railroads, Banks, and Corporations
generally.
Issues ACCIDENT POLiCIKS, containing si
Com-
OF
»„„,„._.
Attorneys.
OF NBW TORE,
Kos. 140 to 146 Broadway.
CAPITAL, $25u,W.>0.
ASSETS, 1900,00.
Issues SURETY BONDS, guaranteeing the fldei
already achieved bj
felt by the
a want long
Mercantile
U.S.
Fidelity
1,386,134 87
$5,503,764 27
January, 1889, to 31st Deoem-
North
all gonrces.
J
i
marked
period
1>ARGAN.
SHEPARD& MIULEB,
$4,116,«B9 40
December, 1889
l*rein'm8 on policies not
off iBt January, 1889
Totaa Marine Premiums
GAFFNKV,
TRBZBVANT, President.
Vice-President.
BRYAN T. BAKBY, Gen. Manager.
W. W. RODGEKS, Secretary.
USAKTS,
it fills
.
31st
Ist January, 1889, to
GOOD AGENTS, desiring to represest the
pany, are Invited to address J. !4.
Saperlntendent of Agencies, at Home Offloe.
die States.
J. T.
J. T.
Premiams on Marine Bisks from
Inaoring public.
TEXAS
CITIES,
per cent.
We ba^ data to
Kew York, Jan. 24th, 1890.
Trustees, io coniormlty to the Charter ot
the C!oinpaiiy, enbnilt the following Btatement
01 Its aiTalre on xne Sist or ueoemoer. id@9.
The
ciples.
OF
Cerrespondence oolicited from
of the
of this Company. It is easier to place Insnrance on
this plan than on any plan ever before offered, and
the policy Itself is the most liberal and equitable
contract consistent with recoguUed bisiness prin-
FlESTCLiSS MUNICIPAL BONDS
Asenta wanted
Fbalxioh, Sec A. Wheelwright, Asst. Sec
Wm. T. standen. Actuary.
"LOW RATE TERM PLAN"
ThiB Company offer for sale 6 per cent 5-year Gold
city and oouatry properties
located only in the best portions of Texas; also
^elrCper cent 10-year Gold Debentures based on
Buch mortgages, interest and principal payaDIe
either in New york, Baltimore, Philadelphia or
Ijondon. Will investigate and collect claims on
all kinds anywhere in Te-iasorthe Southwest for
Tery reasonable char^^es, making a specialty of
large claims for non-residenis, giving the latter a
reliable corporate guarantee of fair treatment.
Also make sales, pay taxes and collect rents.
Also deal In select Municipal, County and Corporation Bonds, and have now to offer some
Insurance Co.,
IN POLICIES ISSUED.
Bxamlne the manifold adrantages
J. Zelgler.
Mortgages on select
famished on
ATLANTIC MUTUAL
18SB.
INCREASE IN BUSINESS WRITTEN.
INORBASB IN INSURANCE IN FOBCB.
GEORGE H. BUKFOBD, President.
C. P.
J. N. Hutchinson,
Blabou,
OFFICE OP THE
INCREASE IN ASSETS.
INCREASE IN SURPLUS.!
Philadelphia.
J. WISTAB, Chairman.
George F. Tyler,
George De B. Keim,
W.
NEW YORK.
aECOKD FOB
Advisory Committee of Stockholders,
fleorge
OF
IN TBS: CITV
Brrau T. Barry.
1.
States Life
Insurance Co.
DIRECTORS:
J. T. Diirgsn,
8. P. Co«bran,
^visrxx^utz.
»300,000
Capital Paid in
J. T. Trsievant,
[Vol. t.
^iuaucial.
^Inaucial,
Security
HKONIOLE.
(
Henry E. Hawley,
duules H. Marshall,
-,
JOHN
Qustav Amsiuck,
William G. Boulton,
Russell H. Hoadley,
Joseph Agostini,
Geori-'e W. CampbelJ,
Vernon H. Brown,
D. JONES, President.
W. H, H. MOORE, Vice President,
<A.
A.
BA V£S,
2d Vice Presideiit>
@FedFRASER