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:

AND

xmnk

W

HUNT'S MEUCHANTS' MAGAZINE,
RSPRBSENriXO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THR UNITED STATES.

VOL.

SATURDAY, JUNE

48.

15,

NO.

1889.

Wtk

%\xt dxranxtXje.
Terms of Subscription— Payable In Adrance

Aonnal subscription In London
do
do
8.x Mos.

postage).

(Inoludint; postage)

do

—

..

6 10
11 28
6 64

..

il2 7a.
Al 8s.

Terms

la

{Cotton
{Grain

Iialcf.

18

Boiton
Proridenca
Hartford

New Uaven
SDrlnKdald

Worcester
Portland
Lowell
Total

New

mttaburg

of AdrertislDg.

Rulilmore....

syrMcuse
BuffiUu*

Total Mlddl*

the Inch.

develand
Colambaa

rates

Iiondon Aeents:

Edwards

<fe

Milwaukee...,
Detroit

Peoria

OrandRapida..
Total Middle Western

at Is. each.

WILLIAM B. DANA
tiaH Q. FLOYD.

Clnolnnatl

ladlanapolla...,

Smith, 1 Drapers' Gardens, E. C, who will take
sulscrlptiona and advertisements and supply single copies of the paper
Messrs

Rncland,

Philadelphia

Chicago

The lowest

I.

^1lfh«Ia,

on peruiiinent cards dellaitcly ordered for one year are 8 cents per line each insertion, making $58 for
measured
In agate type -14 lines to
is
year.
Space
one
one inch space
otlice.

>n<

iPttroUum.

Advertisements ordered for less than one month, In the Commercial
inserft Financial Chho.sicle. are published at 25 cents per line each
tion. When orders are detlnitely given for one month or longer, a liberal discount is allowed, and the nelpricci may be obtained on application at the

J

fharu.

i.StQck$

These prlres Include the Investors' Sopplkmbht, of 150 pages
Issued onoe In two months, and fui-nished without extra charge to
«u'>sorlber8 of the Chkoniclk.
anbsorlptlons will be continued nntU definitely ordered stopped. The
publishers cannot b<> responsible lor remittances unless made bjr drafts
or Post Ollioe luonej orilers.
A tile cover Is furnlslied at 50 cents; postage on the same
ce Its. Volumes bound for subscribers at $1 00.

rii4*«

Raw York
SalMo/—

$10 20

Fjr One Year (tnoludlnK postage)
do.
For Sir Months
Earopean 8ul>scrlptton (tnclnnmgpogtaite)

E iropcan Subscription Six Months (Including

1,251.

Co., PnblUbers,
SlVILlil.m B. D.VNA &JNEWlfOHK.
lOa William street,

POST OFFICE Box 958.

San Francisco..
Kansas CItr....
Minneapolis....

Paal

Bt.

Omaha.
DanTer

CLEARING HOUSE RETURNS.

Ualntb

reaches thirty-two millions of dollars. This very satisfactory
result is not due to increased stock speculation at New York;
on the contrary, the dealings have been smaller in volume than
during either of the two preceding weeks. The most gratifying feature in this connection is that all sections of the country
share in the improvement, the "West, however, showing the

Stock operations at Boston exhibit an exweek and for the week of last year aS
previous
the
cess over
well. Clearing houses have been organized at Dallas, Texaslargest additions.

and Birmmgham, Alabama, and the returns from those places
are this week included in our statement.
The comparison with the corresponding period of a year ago
In the aggregate for the whole counis a very favorable one.
try there is an excess of 29-1 per cent, the gain at New York
being 405 per cent and elsewhere 12-2 per cent. Of the cities
outside of New York the most prominent in percentage of
increase are Peoria 427 per cent Fort Worth 41-2 Hartford
and Denver each 33-4 and Columbus 33-2 per cent. The
31-4
heaviest losses are at Duluth 331 per cent, Los Angeles
and Norfolk 28 3 per cent: Contrasted with the similar week in
the years from 1887 back to and including 1883 (making proper
allowance for new clearing houses organized in the meantime)
;

Joseph..,
Loa Angeles.

St.

week endThe current total of bank
ing June 8— is the heaviest thus far recorded in 1889, and the
gain in comparison with the previous full week (May 25)

exchanges—that for the

;

Wichita.

Topeka.
Rloox Citr'

Tacoma*
Total Other Western..
it.

Lonli

New

Orleans..

I.oalaTllle

Memphis
Klchmond
UalTeston
Kurt Worth
i.Tfoik
Dullai*

Birmlogham*..

..

Total Bonthers
Total

all

Outside New Tork
• Mot laeludad In tniala.

_
,
l
l
the rtve day-! hnve been re'"*Contrast*
rdg
ds
the
for
tot*l
the
1888
of
i«nding five tlays
lur uy '""»«'»
knincrlase of 191 percent. Our estunate
ago of about 1 fla
ended June 15 indicate an excess over a year

The returns of exchanges for
ceived by telegraph this eveiung.

.-

,

I>cr cemt.
ITask

Wt^mnMrntJontli.

Muft 7«M (L

|

attwnu kv TsUjropk.
l»».

P.

i88a^

'.-,

.'.

IBk*.

P. CVnC

;

»8S,Ma.4i1

486.449.071

ftiusa/.aeacJiO'uHw).'

ll.MC.440l

(1.184,»<U!'

Boston
Philadelphia

TO.SN.IM

«e,ia9.ago

Raw Toi«

Bd,(»0.88«
»,77S.SSS

Ilaltlmor*

(^hieago
the present year's total in all cases records gains.
New York Stock Excliange share transactions for the week gt.Loals
NtwOrlaaos
cover a market value of §102,154,000, against §37,448,000 for
Total. Bdars
two-and-awe
deduct
therefore,
the like period of 1888. If.

half times these values from the New York totals, there remain to represent cloai-ings due to other business $481,13y,ii0
and ^30,423,94-t respectively iii the two years, or an excess of
11-8 per cent,

EaUmaUd

17.5*7.870

'

ldar_...

Total full woek..
BalaneeConntir'..'
T.ital

9u.eii.ooo

wwk.

•Mrtavluu

4SAW.M*
P,a«4404

H,7W.OO*
U.MI.MO
u.Mi.a«o
B,«»».7»t
S,4M.7M

-t-to«

e^74a^«M
aj*».i«T

+1«"
+11
+ 114
+JT:i
+lTa
+:•<
+7J<

+n«
+««r7)

+l»«
+IS^
S.«ll.TOt

-4-«

e9.M3.oao

+»•«

I7.»m»iw
17.33
1.0W,

+»«-7
+»»-»

». 7«a.W*
«

+«»1

8IS.;a3.S73
l«i.T»4.»lH

149.11-

-

Ti

«wfV"*.'>.:'.»i

.ri
all...

ii««a,iiaa«a tiu

wt ^vvi

s

latuiua.

THE CHRONICLR

778

We

do
making,

THE FINANCIAL SITUATION.

fVoL.

know

not

but

that

there

is

xLvin.

more

paper

being

heretosought for as
The only change this week in the conditions affecting fore, there is more left on the market. Rates
the money market has been a slight check in the flow are 3J@4: per cent for sixty to ninety day endorsed
That may bills receivable, 4@4^ per cent for four months' acceptof currency from the West to this centre.
or may not have significance. For many weeks the ances, and 4^@5i per cent for good single names having
movement from the interior towards New York has four to six months to run. The bank return of last
been very free. After this period last year that move- Saturday showed that four of the larger banks were

not

ment lessened and was not again renewed in the same carrying $5,990,400 of the $11,056,175 surplus reserve
volume.
Yet notwithstanding there was this lessened reported by all the institutions.
inflow, tlie outflow to the West did not assume large
The London money market is easier again, no doubt
proportions iu the summer of 1888, until about the mainly due to the continued exports of gold from New
middle of August, the lateness of the date at which the York and the considerable arrivals from other outside
movement began being due probably to the small yield sources. This week the net gain to the Bank of Engof winter wheat and in some measure to the very late land is reported at £248,000, which a private cable to
marketing of the cotton crop. As the winter wheat crop us states was made up by receipts of £547,000 from
is large and early this year, and as bank exchanges all abroad, principally from the Argentine Republic and
along have been and still are much more active than from New York (the portion from New York being the
shipment by the Aurania on May 31 of 1922,817), by
an export wholly to the Cape and to France of £115,000,
and by a shipment to the interior of Great Britain of
On the day after this statement was made
£184,000.
up a further amount of £300,000 went into the Bank on
balance, no doubt a part of which was the $752,432
shipped by the Lahn from New York June 4th. Of
course the larger portion of our exports have gone to
France, but even those have satisfied a demand which
London would otherwise have to meet, and consequently have relieved that market. In view of these

they were a year ago, it seems reasonable to anticipate for
the present season an earlier start and a more prolonged
drain of currency for crop purposes. On the other hand,
(qualifying in some measure these facts and the infer-

ence to be drawn from them respecting the future of
money) is the very important circumstance that the
Treasury increased its accumulations of currency (gold,
legal-tenders, silver and bank notes) in May about
eight

million dollars,

I

and has further increased its
Of course there are large

balance thus far in June.
interest

payments (about 9 million

dollars) to

be

made

the first of July; but the accumulations in progress facts it is no surprise that the cable reported yesterday
will, besides supplying that demand, leave the Secretary discounts at London of sixty to ninety day bank bills
The Paris open market rate
(according to present appearances) a considerable down to 1^ per cent again.
all of which, together with was also easier, being 2^ per cent; but the Berlin rate
whatever of the old stock he may see fit to put out, he was reported at 2^ per cent and the Frankfort rate at
This rise in Germany is said to be due to
will be at liberty to disburse during the active business 2^ per cent.
For these new supplies of currency, the the semi-annual adjustment of accounts and to the
months.
market must depend of course upon the Secretary's preparation for the half yearly disbursements of interability to purchase bonds, of which we can have no est and dividends.
doubt.
Whenever he deems it of sufficient importance
Our foreign exchange market has continued without
To be sure, there
to pay the price holders demand the offerings will be any material feature during the week.
AVindom
Mr.
lighter
inquiry
and a little
market
little
abundant, and on a close money
was reported to be a
his
which
served to
him
even
at
on
Wednesday,
pushed
on
of
bills
good
many
better
supply
might have a

addition to his surplus,

I

I

cause a fractional decline in the rates for bankers' long
But although this
Influenced by the expectation of better rates for sterling and for commercial drafts.
money later in the season, which the foregoing facts satisfied the demand on that day for remittance,
present quotation.

and the continued exports of gold encour.age, the call
loan market has remained abundantly supjilied with
funds, while the offerings on time have not been by any
means as liberal, or the takers of commercial paper as
numerous as they were a few weeks since. Lenders are
seeking to keep their funds within reach by putting them
out in a temporary way only. For bankers' balances
the extremes have been 3 and 2 per cent, averaging
about 2^ per cent or a fraction less, at which renewals
have been made. Banks and trust companies have con-

'

engagements were made the following day and yesterday for the shipment of 14,004,857 gold to Europe by

Some

the steamers sailing early to-day.

still

seek spe-

I

account for this outflow of gold.
Reports, for instance, were current last (veek that the
movement was in response to large sales by Lon-

cial

causes

don holders
St.

Paul.

rumor
that

to

of American stocks, and particularly of
There was just as much truth in this

as in

that

of

previous

London was making

weeks,

large

to

the

purchases

of

effect
rail-

tinued the attempt to hold their minimum for call road stocks in this market No considerable movemoney up to 3 per cent, but have been less successful ment of American stocks to or from London has
No doubt
than last week, 2^ per cent being the prevailing figure been in progress for some time now.
Time money is in demand, but the there have been sellers and buyers in a small way as
for choice loans.

amount sufficient to
movement
of gold or on
also a disposition to scrutinize collaterals more closely, have an influence on the
exports
of
gold are as we
The
rates.
being
less
among
lenders,
and
hence
there
competition
foreign exchange
those making contracts having the power to discrimi- have often shown simply a natural result of the large
Rates are 3 per cent for sixty to ninety days, 3^ trade balance running against us. Our imports are larger
nate.
more limited supply

restricts

transactions.

There

there always are, but not in any

is

'

'

I

five months, and 4@4^ per cent for
end of the year. Commercial paper
although in good demand, does not, as already stated,
attract so many buyers as it did, and as a consequence the
supply is better than it has been for some time.

per cent for four to
six

months

'

than they ever were.

New York

to the

AVe publish in another column the

trade figures for

May, and

it

will there

be seen that the total imports that month at this port
'were $43,841,978, against $39,675,423 same month last
In 1888 the adverse merchandise balance in
year.
'

.
.

CHRONICLE

THi:

Jlioc 16, 1889. J

Miiy for tho wliole country was $13,395,508, and that
does not inoliulo tho items of interest, freights, undervaluations, Ac.

for

;

May

this year the

Government

totals

will probably be issued in about ten days.
This week
Mr. Switzlcr has made public the statements of breadstuffs exports, etc., and they are as follows;
EX1-OBT8 OF BUEAOSTUFrS, rKUVISIOXS, OOTfOH
it«?-a».

ExporU
/rom U. S.

1887-8.

\nMonUu.\
f

AMD PBTROLBUM.

May.

*

BreH<l8tum.

9,76*,Se4 ltl.O«S.<l»T

Provisions..

!I.S8S.«M

> rKi
10,a68,18T!93l.»ll6,7SI

Tot, value.

3i.238.8Wlk78.70ii.316

I88»-1.

Himtlu.

Mat.

»
7.58o,8aa li:.558..3M

s.e8Mae w.i%,i»4

t

18,181.1477 148.400.861

8a.O:M.VS6
10.0JS,791 2I4.0«8.«8S
a.9IIO.W& 42.810,867

'

II Manltu.

I

T.iaB,«7

OO.SOS.III'

Cotton
Petrolm, Ac-

11

6.l)e4.4W

78,*2»,W>1

8,44I,«2II 2l>3.7«;.778
8,»!)7,348

4I,1W,4SS

Under

shipments in the

«mim

m

mI-

culated to have rather » deproMing effect,
y»t th* tita*
ation i8 not entirely without encouraging featurec

Th«

Inter-State

Ilailway

Aaaociation

doing tome very
good work. It will be remember©*! that a few WMka
ago it rendered a decision agftiiut the Alton ro«d on the
question of reducing lumber rates between Chicago Mid
the Missouri River.
Now it has also given m decision
on tho question of live stock shipments between KansM
City and Chicago.
The Milwaukee A St. Paul had
been carrying an unusually large proportion of thia
while

made

in

Alton had been losing, which of

the

The

the latter discontented.

temporarily reduce

decision

is

propor-

its

The most

tion.

significant feature, however, of the
the prompt acquiescence of the St. Paul, which
announces its willingness to comply with that and every
other provision of the Inter-State agreement.
The

circumstances gold exports
must continue until bankers begin to draw bills freely

Tho June

to tho ro«df to »ppMr rad abow
that State should not b« rodoowl,

ratoii in

that the St. Paul shall

these

in anticipation of cotton

why

course

These are favorable, showing an improvement over
last year; but the growth in imports exceeds tho growth
in exports.

Commissionori

traffic,

28.StS.471 4.M.M8.884I «».l«6.8ft8l4«8.ll6.%m.

779

affair is

fall.

the Agricultural Department at
effect can not but be beneficial.
Washington, issued this week, is, as expected, very
In another column we review the Rock Island's traffic
promising.
Cotton is the only crop reported on, the
for the late fiscal year. As considerable interest attache*
condition of which is placed below 90, winter wheat and
to the road's operations during the three months ending
oats being stated at 93, spring wheat at 94, and rye
March 31, we may state that, compared with the oon«and barley each at 95. The State averages on wheat are
sponding period of 1888, there is a loss of :J18,000 in
nearly all very high, and the acreage is also in excess of
gross earnings and *1G4,000 in net.
This refers, howlast year, as may be seen from tlie following.
ever, simply to the Rock Island proper.
The new
aCREAOB and COSDITIOS of wheat OS JDNB 1.
system of roads west of the Missouri shows very decided
1W9.
1887.
188i.
gains.
Here is a comparison by months for both the
report of

Easiern and the Western systems on gross earnings.

Stata.

CMcJCmntnA Vskrwto.

Rock IMand.

b

Orou Eamtng$.
1888.

Ohio

!J,711

8.85

Indiana

2.829

!*,774

Illinois

-.2,493

8,448

l.sse
1,407
l,86i
1,901
1,115
eso

1,641
1.C50

Missouri..

.

Kansas
MichlKan...
California.

Orei^OD

New

York..
Pennsylv'a.
Tennessee.

Maryland

1.648
8,351
892
660
1,383
1,211
657

1,407
1,2-23

590
835
618
3.592

..

Virginia

Texas
0th. winter.

3,740
8,802
8.425
1,713
782
1.629
3,786
920
687

3.683,721
8.015
1.663

S«

l,»7»

56

3,105
886

8.1

1,421
1,199

1,48^
1,189
586
684
529

1,3«

683
836
645
3,405

823
672
3,574

8.018
8.618
1.256
1.51
1.060
1,624

1,063^ 84

876
68'

3,408

8,002
8,708
8.791
8.a36
8,121
1,804
3.360
eso
772
1,684

1.178
680
631
515
3.436

1,33(1

1888.

«

Januarr
Kebraary

1880.

*

813,877
8:»,71l

*

-SMti

S;8.743

-1388

taB.wi

tUMl +mjH»

1.088.61H

1,888,0611

-•08,6Sa

t«3J0»
aM,isi

2.866.701

SO^.TaB. -218,038,

88 '.848

870,8281

I

March

Dtcnam.

*

807,885

i

I

•s.6n +i7*,»n

1M.6M

I

Total

I

Thus while the Rock

Island proper has lost 1218,038

gross for the three months, the Chicago Kaiuaa

in

The

Nebraska has gained #401, 586.

846
930
657
3,102

«-ui.*ae

a very

much

&

latter is operating

larger mileage than a year ago, but the

showing striking growth.
Until yesterday the stock market displayed the same

figures given are satisfactory as

Tot.winter
Spr. wheat..

93] -^4 ,478

>«3,851

13.385

81,223
13.418

84,631 62,88.148

94,13.786

18.372

97,18,041

88,348
11,130

Total ail..
Per cent of

38,2fi4

37,336

37.642

36.806

.>34.18S

39,478

terday, however, under further heavy

+8-3

gold for export, and the failure of the effort to get the

inc. or

It

is

+r7

+2-3

dec

^p" TUree ciphers
too

(.000) omitted

early

to

features of strength noted in other recent weeks.

from acreage flgures.

form any

definite

Lake Superior roads

notion of the

much heavier than last season.
As concerns the Western rate situation there have
been this week a number of interesting developments.
The effort to reach an agreem3nt with the Lake Supevery

for

take 60 per cent of the through
these latter

would consent

traffic

above,

the

Louis

&

is

tone

Chic.

The crop

generally favorable,

situation, as noted

and gross earnings io

from the East, if
But

to a restoration of rates.

WMk mtUnt JuM 14, 1888.

haul between Duluth and St. Paul
much shorter than the rail haul between
Chicago and St. Paul, the lines covering the
former route evidently have an advantage which they

The

Paul,

most cases compare well with last year.
The following statement gives the week's movement*
of currency and gold by the New York banks.

the offer does not appear to have been sufficiently tempting.

St.

Ind. St.

business between the seaboard and St.
Paul, has not yet been successful. The reports say that
the Chicago roads offered to let tho Lake Superior lines
lines

to agree to a restoration of rates

was much less confident.
There are fears that these continued heavy gold shipments may affect speculation adversely. The important advances this week have occurred chiefly in the
coal stocks, more particularly Central of New Jersey,
Lackawanna and Delaware & Hudson, and a few
specialties like New York & New England and Cin.
to

probable yield of spring wheat, but in the case of
winter wheat, with an average of 93 this year against
only 73 in 1888, the production is now certain to be

rior

rail

M.00O

OoM
Total

XH

iiM«4M8k«
w. r.

(told

and

With the

I«>«1 t«nd»r«.

ti.840.000

llJtHkW*

tUMO

M

use to the utmost.

The

result in

[

exports

Railroad

,

as follows.

It

is

always to \m

remembered, however, that the bank statement is •
statement of averagM for tho week, whereas tho figuiM
below should reflwct the actual change in the condition

combined with the action of the Kansas State
Commission in reaffirming their previous
decision giving Wichita the same basing rates as KanBas City, and the issue of citations by the Missouri of the banks
this case,

is

tum,<m

and tho gold

Sub-Treasury operations

the result

7».(»e
,Q«ia.

j

to

luttrHr

S. r. Aanta

It,ao%aoo

CnrrtDoy..

being very

are determined

Yes-

engagements of

as between Friday of last

week and Friday

'

.

THE CHRONICLE.

780

week, except that the gold engagements for
to-day are not included, but those for last Saturday are.

of

tliis

[Vol.

terms, and the other where that power

Oat of Banks,

.^'"i« 1*. 1889.

Banks Interior Movement,

as above

Bub-Treas. oper. and gold expta
Total gold and legal tenders

$2,640,000

—
—

19,600,000

SI,415.000
21,800.000

t2a.240000

123,215.000

yet Change in

Bank

Holdings,

Qilin |1.8i5,0C0

Loss.

2.200,000

I^oss

$975,000

Bullion holdings of European banks.
Jlll«13.

June

18-!9.

England
France

lotal.

i

£

.288.893

22,884,189|

22.884.189

4S,6«8.018|49.881,395
31.780,008 15.890.334

93,519.413

21,838,033
4i.476.449 48

47,171,000

83,558.686'

Anst.-Hung'y

0.445,000| 15.685.000

81,130.000

S,931,000J14,

Ketherlands..
Nat.Belgiun]

6.5I1.0OO

8.669 000'
2.847,000; 1.423,000

12.180,000
4.270,000

5,476.000

8,

264.120
335 000
,915 000
724.000

2,80?,000

1.

,2

Germany

10.

Vot.this week 112,156,873 89,528,7211 201.684,602; ll3.56<.10i 00,
Tot.preT.w'k.- 111.193,718 30,627,220 200,820.9981 113.0B7,81l!.S9,
1

who

12. 000

is

no mere accident.

the survival of the
a great extent

specific

is

abused;

fittest.

The

The

its justification.

It

fact of

is

it.?

a result of

survival

is

to

control of industry

The

last

number

of the Political Science

Quarterly

contains an article by Mr. E. P. Cheyney on conspiracy

more obvious.

The

failure of

most of the

efforts at co-

are,

in

man who

furnishes the capital will generally

the business more wisely, and can be held more fully
responsible to other

cases.

his

opiaiou,

neither consistent nor tenable.

Sometimes the courts have condemned labor organiza"in restraint of trade;"
sometimes because they involved undue interference
with employers and sometimes because they exercised
unjust 'coercion over other workmen.*
To all these grounds Mr. Cheyney takes exception.
The restraint of trade by labor organizations is a mere
trifle compared with that which results from organizations of capital.
The disturbance and fluctuatioa
resulting from strikes is not peculiar to those trades
where labor is orgiinized, but is even more severe in
some others. It is therefore, in Mr. Cheyney's opinion,
tions because their actions were

;

The
manage

continuance of this necessity at the present time.

The author believes that the courts who furnishes
have done the workingmen scant justice in these matters. it.
The grounds on which the decisions have been based
The recent
and boycott

parties

the labor with

than the man
no capital behind

in interest
little

or

history of labor organizations shows the
kind of mistakes they are likely to make. In the engineers' strike on the. Chicago Burlington & Quincy, one
of the points demanded by the Brotherhood was the
abolition of examinations. This was not merely unwise,
but likely to prove dangerous to public safety. Nor is
The same reluctance to
it a case which stands alone.
allow a classification by examinations shows itself in the
efforts of many trades unions to prevent the best men
from doing the most that they possibly can. Where

they are able to dictate terms,
ence that labor organizations
power.

The

history of the

it is

a frequent experi-

make xmwise

uses of their

Knights of Labor in the

years 1885 and 1886 is a marked instance in point. The
highly unfair to hold labor organizations responsible for development of the boycott in those years gave the labor
such restraint or disturbance. Nor does he admit that organizations a power of enforcing their demands greater
all interference with the employer's independence is than they had possessed before or than they possess now.

" unlawful." He holds that a business " can- The general experience was that the organization preproperly be looked upon as belonging entirely to vented the development of I'rosperity at that time,
"the employer, but is, in a certain sense, a joint con- and that such prosperity only became possible when the
"cern;" that "the idea that any aggi-essive action on reaction against the jiower of the laborers had made
*' the
part of the employees is an undue inter- itself felt.
Even where the leaders wished to manage

Decessarily

" not

'ference with the private affairs of the employer, wisely they were not able to keep their followers
•'and must be punished on his behalf by the within bounds, or to prevent serious results, direct and
•'public courts, seems to be distinctly a survi- indirect, from the mistakes of irresponsible subordi*'

val

from a period when the courts served largely

" to keep the employed class

nates.

In his reasoning on the boycott Mr. Cheyney shuts his
He says that there is no law whieh
admits as partly justified by the facts but he believes should prevent an individual from being where he
that it has been exaggerated by the courts to an extent chooses, and that if One individual or a hundred indiat once imwarrantable in theory and unwise in prac- viduals refuse to buy at a certain place the transaction
He is especially severe on some of the decisions is not changed in character. To his mind the combitice.
respecting boycotts ; holding that the coercion of a nation that starts the boycott is a purely accidental
boycott cannot properly be treated as a conspiracy, and element in the case.
This is not true. The boycott in
that the action of labor combinations in such cases is in its effective and important forms is not the mere
to be regarded as an accidental rather than an essential withdrawal of patronage from a particular dealer, but a
*'ing class."

in subjection to the employ-

The point with regard

to coercion he

eyes to the facts.

;

means of pressure upon a great many others. The
mere refusal to buy the New York Tribune would
have come under Mr. Cheyney's description. The
refusal to buy pearline because the proprietor advertised in the New York Tribune was a long step away
from it. The effort to withdraw patronage from a
question of interference with employers. Whenever boarding-house because it was hired of an owner who
labor disturbances reach an unusual height wo have a had a pearline advertisement painted on the wall, was
conflict between two systems of management
one getting very far from the original ground, and by no
ffhere th? employer has the po^yer pf dictating the means corresponds to the description given in the article
element.

We

have read this article with interest, but by no
means with approval. Although it is correct in some
points, it is fundamentally wrong as a whole.
The
point where courts have been most clearly right,
and where Mr. Cheyney is most clearly wrong, is on the

—

f

the necessity for capitalist control became more and

operation in complicated industries only emphasizes the

THE LAW OF INDUSTRIAL CONSPIRACY:

^

of the

by guilds of workmen involves more trouble and abuse
and restriction to trade than its control by capitalists.
As industry was organized on a larger and larger scale,

.739 lis

069.948

In

The prevalence

furnish the labor.

existing system

14, 18^8.

aUver.

Total.

eoid.

power may be and often

but in comparing one system with another there can be
no question that it is better to give a man who controls
the capital the power to arrange the methods of management rather than to put it primarily into the hands
of those

Bavlaet

to an equal or

greater extent in the hands of employees.
cases the employer's

Weeli end'.no

is

XLVni,

I

I

June

THE CHRONICLE

15, I8f9,|

uiuler review.

Yet

was in iictiial prnctico the sort of
mimifestiition with whicli the courts had to deal.
No
wonder tliat they went rather out of their way to find
law against it. Whatever the nominal ground on wliich
they put it,- it was a case of unwarranted interference,
and one which could not be tolerated without serious
industrial disaster in the long run.
Apart, however, from these special caaes, Mr. Cheythiit

761

upon the averngoa of other ro«l». but which
baa
not jot been rcnnirked ujwn a« it dMcrro*.
At first thought it might opiicar m if the f«ct th«t
the Ilock Island fiscal year ends March .11
inslcad of
nocembcr 31, accounted for the improved areragt,
effect

since rates during .January, February and .March,
IMO,
wore of course well maintained. JJut a few moment**

consideration will suffice to show that this, while having
one some influence in tlie direction indicated, could hardly
man to do is right for a large number to do by simul- have turned a declining average
into a rising one, ««
taneous motion, cannot be maintained. It is right for the influence mentioned
was in operation during onlj
one man to walk down Broadway, but if ten thousand one-quarter of the year,
and that the perio<l of leaneat
people agree to walk up and down a certain part of traffic. Moreover,
even in the case of the roads given ia
Broadway simultiineously, with the view of obstructing our article of the 25th ultimo,
where all the statistic*
the traffic, the character of the action at once becomes were for the calendar year
1888, and therefore did not
changed. As Jevons says in discussing this matter, embrace the improvement
occurring with 1880, there
many of the arrangements of society are based upon are a number of instances not of actually higher rate«,
the assumption that individuals will act as individuals. but of rates so close to those of the
previous year as to
The streets of New York are arranged with a view to .suggest the same kind of inquiry as is rased by
the
accommodate the ordinary demands of traffic, and will Hock Island results. Thus for the Chicago &
Alton
accommodate such demands as long as men act inde- the average of 0-918 cent compares with 0-04G cent, on
pendently.
If
a number of
persons
insist
on the Burlington Cedar Rapids & Northern
with
doing the same thing at the same time, the 1-16 cent, and on the St. Paul & Omaha 1-13 with
1-U
fact of combination may make a difference at cent, being in the two latter cases a fall of only
oneonce
iu
the
convenience
of
the
public
and hundredth of a cer.t, though in the whole history cf
ney's general proposition,

that what

is

right

for

M5

in the character of the action.

So it was with boycottbuy of a certain person
when he had given no direct ground of dissatisfaction to
his patrons except the refusal to obey the demands of an
organization more or less remote from him and connected with totally different matters, was an obvious

proportions of the different kinds.

perversion of right.

report fortunately

ing.

The combined

When

refusal to

lailroad affairs in the Northwest

and Southwest, rates
were never so completely unsettled as in 1888.
What then is the real secret of the good averages for
the late j'car? It is found in changes in the character
and composition of the traffic and in the relations and

The Rock Island
contains the necessary data to a
complete elucidation of the matter, and besides gives

Mr. Cheney, after criticising the judges as unwith the making of industrial law, the

to be entrusted

of the

new system

of roads west of the
Nebraska), separate from
legislatures, he makes a suggestion with which few those of the old or original system east of the Missouri,
will symjmthize.
He is partly right in what he says making the latter therefore especially useful for purabout the lack of business training of some of our poses of comparison. Referring first to the ratios of
fit

statistics

&

proposes that this function be transferred to State

Missouri (Chicago Kansas

and vastly more might be urged
Their lack of training is more
conspicuous, the time which they can give to the subject less, the possibility of hasty action under outside
pressure far greater.
The work of the courts on these
subjects, imperfect as it is, has the elements of permanence and of growth. The work of the legislatures remains for the most part a dead letter, and where it
comes to anything more than this is generally followed
by a reaction which makes trouble for the time and
leaves us in the end no better off than we'were before.

through and local freight, we find it stated that the
revenue from through freight decreased 1402,219, while

courts; but

all

this

against our legislators.

As a
formed 41} per cent

the revenue from local freight increased $41,286.
result the local freight earnings wh ich

had increased to 44 per cent in 1889.
decrease in through freight revenue might reflect

of the whole in 1888,

The

simply lower rates on that class of business.
at the freight

number

movement, we

But looking

find a small increase in the

of tons handled (the total being 5,008,840 tons,

against 4,970,496 tons), combined with a sharp decrease

—

number of tons moved one mile that is, the
company carried only 874,604,610 tons (paying freight)
in the

one mile in 1888-9, against 941,661,006 tons in 1887-8,

COURSE OF ROCK ISLAND TRAFFIC.

being a decrease of 67,056,496 tons, or over 7
having increased and tonnage

jier

cent.

mileage
report just issued that the average rate received per ton decreased, it is evident that the average haul per ton was
of freight per mile in the late year was higher than in less, and this in turn indicates an increasing i)roj)ortioa
the year preceding, standing at 97 hundredths of a of way or local traffic, which is usually carried much
In our issue shorter distances than the through traffic. Hence the
cent, against 93 hu:.dredths in 1887-8.
of May 25th we gave a list of sixteen leading roads in conclusion is that the increase in revenues on the local
the Northwest and Southwest, all of which showed traffic results from an enlargement of the volume of
lower rates than in the year preceding. It is also clear local tonnage, while the decrease in the earnings of
that circumstances and conditions worked strongly in through freight follows both from lower rates and
It is a little carious to find

from the Eock Island Tonnage

Competition was so active between diminished quantities carried. Such a conclusion also
different systems and rivalry so strong that tariff sched- is in harmony with what we know of the general oituaules were utterly demoralized, with the result of cutting tion, for with the increase o£ competition it is the
Hence the through rather than the local traffic that suffer*. The
rates down to extremely small figures.
exhibit by the Rock Island is seemingly in direct con- bearing of this njion the question of the improred
the same direction.

and therefore needs a few words ayerago rate realized by the Rock Island is obvioas.
of explanation.
The explanation is the more essential Local rates, even when low. are usually rclativelf
as it covers a feature wliich must have had an important h'gher (the coat also being higher) than through rateSt
flict

with

known

facts,

6

.

1

.

1

THE CHRONK LK

782

[Vol.

XLVni.

As is known, Northwestern and Southwestern roads
would be to suffered from four principal causes during the late
First from the increased competition, resulting
rise. And this circumstance must have acted to neutralize year
the tendency to a lower average arising from the rate re- in a division of business at low rates among a large
number of competitors secondly, from a falling off in
ductions, local and through, and increased competition.
But there is another circumstance that would operate new railroad construction, thus diminishing the quanto raise the averages, and this factor also is one that has tity of construction material to be carried
thirdly,
an application to other roads as well as to the Rock from the collapse of real estate speculations at various
Island.
Certain kinds of freight have fallen off, other points, leading to a diminution in building operations ;
kinds of freight have increased, and it would appear and, fourthly, from the poor wheat yield. The presthat the falling off has been in the classes paying rela- ence of all these influences is distinctly traceable in the
tively the lowest rates, while the increase on the other changes for the last two years in the above table.
"We
hand (in many cases at least) has been in the classes have already alluded to the decline in lumber. In
Thus partly as the addition we find railroad ties down to 87,445 tons from
paying somewhat higher rates.
result of the better crops and partly as the result of the 148,177 tons, iron down to 260,029 tons from 328,097
building of its tributary system west of the Missouri, tons, sand and gravel down to 98,256 tons from 130,040
the Rock Island carried more agricultural tonnage (with tons (though brick shows 18,000 tons increase), and
the exception of wheat) in 1888-9 than in the year merchandise down to 495,122 tons, from^ 612,372 tons.
For instance, in corn there is an increase The wheat tonnage was only 88,460 tons, against
preceding.
But in lumber, lath and shingles 100,731 tons. In flour, there was about 9,000 tons
of over 61,000 tons.
Looking at increase, but the total compares very unfavorably with
there is a falling off of over 59,000 tons.

With an

proportion of local business,

increase in the

therefore, the tendency

of average

I

rates

:

,

;

;

In this case, as in the case of wheat, the
the freight schedule of the road for December 1, 1888, other years.
we find that corn pays 30 cents per 100 lbs. (Chicago to Rock Island has lost not only by reason of the poor

lumber then paid crop, but through the great increaise in the number of
is a falling off competing roads.
Perhaps as striking a record as any
tons
in
salt,
paying
15 cents last is afforded by coal, which keeps steadily growing, and
nearly
15,000
of
December (13 cents now). Even as between the differ- in 1888-9 furnished 1,117,774 tons out of the 5,008,840
ent kinds of the same variety of freight, the changes tons total freight of all kinds, being decidedly the
Thus there is an largest single item.
are frequently in the same direction.
increase in cattle, bearing 27^ cents per 100 lbs., and a

Kansas

City, Atchison, &c.), while

only loi cents per 100

lbs.

Again, there

decrease in hogs, bearing only 25 cents.

The

effect,

an increased proportion of goods
and commodities of the better paying classes, and this,
combined with the increased amount of local traffic,
shows why the average for the whole freight tonnage is
in excess of the previous year. There has been no rise in
rates, rather the reverse, but the composition of the traffic
has been different. Our readers will understand that
altogether,

is

RAILROAD GROSS EARNINGS IN MAY.

to give

the increased proportion of local and higher-rate freight

mean

does not necessarily

larger average profits.

The

The May statement

of

earnings shows very satisfac-

tory improvement over the results for the same
last year,

for

month

thus maintaining the generally good character

which the returns have been distinguished thus

The gain

the present year.
$1,672,041,

and though

this

is

far

month reaches

for the

on a larger extent of

road the ratio of gain in earnings is 5"61 per cent,
against 3"70 per cent in mileage.
We would call atten-

and the large decrease
in net the last year, shows how false such a notion would
In point of fact, the average cost per ton and per pa>
be.
senger per mile for 1888-9 was the heaviest for ten years.
The changes in the composition of the freight movement possess considerable interest apart from tlieir
bearing upon the question of rates, so we give the following table, presenting a comparison for seven years
on all the principal items. These figures, like those
used in the body of this article, relate simply to the
Rock Island proper, and do not comprehend the opera-

to the comprehensive nature of our statement,
comprising 130 roads, or a greater number than ever
before contained in our table, and the total mileage
represented being 77,403 miles, which, even allowing

tions of the lines west of the Missouri.

being comparatively few gains for large amounts

heavy augmentation

in expenses

tion
it

for

country

1S88-9.
roii».

Wheat
Corn
Oats

1887-8.

Toru.

lft=6-7.

'

Tons.
117,465
2H9,608

I

88,160

llKI,7,'(li

4!!0.»;52
2.-;w,937

3<i«,lH«i

231,«2«

171,5421
S9.820'

Bartej

46.-.i56i

4ij,72«

Flour

77,766,
4S,6ai!
78,870,

6S,92ii,

109,015

34.6H5.

3^,2:! 1
38,8.54

177.41ia
1 18.047,

lflv(,DOt,

Mill stuffs

Haj

Catile

HOKS
Beef and pork..
Band and gruvel
Brick
Stone

6<i,340

H8,25«|
lni,oa7l

130,040
83.304

122,056
166.1 9
33,261
194,818
68,989

233,417

185,9;5,

115,2'

•.!2,3.'>7

137,024
21,515!

1865-8.

Tom.

'

\

74,108

1884-5.

What makes
worthy

119,198

result simply of

panies.

1S9,»62;
35,9 9
14,837!
144,M3l'

127,87'
41,176
9H,i2a
24,372
164,461

(•,797

136.048
21,780
9.074

161,794
111,68;
30,207
63.542
24,740
172,101

120,423
27,574
104,608
14,157
150,093

23,863

131, .577

sf*

Lumb'r. lath.&r
I.ime& cement.
CoaKsoflihHrd)
Iran (all kinds).
Railroad lie?
+Ag'c'l implm'ts

Snear &syrap.
Salt
Oil

Fruit
Drain

403.122
423,319

32K,mi7

87.445

14.-',17;

429,217
413,306
57,221

50.471

:<9.91l

8f>3,l9'i

705,205

7r2,(S30

208..'il9

*44,3V4

591.3 9
189,457
4».!91
51,905

4? 9,681

403,966

56,4118

46,'

47.021
60.510

51,324
44,022

94

«9,l!»
59.448
43.579
48,938

l!5,88u

.1",129

61,764
51,324
40,053

t0,2.'17

41, (-81

46,667

.18,400

38.i'.97

85,369

41.S8I
18,351

26,' 0.)

31,8119

21,613-

15,839

28,734
52,73;

9,158
29,616

3;.2'2(3|

210 296

;

486,525
402,592

467,726
397,^66
64,024

68,»S6i
12,248|
45,814
47.8151

Oreanubulll-m.

*

482,6>'5,

2<l«,«-i9:

18,991

tHrana

612,372

B7,B(>9'
86.544!
1,111,774 I,OS4,271l

4c..

tiles.

The

of

lolal ..!5,008,''40 4,970,

lli"

Not

Btiifed.
Iuclu('ing a'l

!! mn.

26,907;

1,180.1.9 H 873,605 3 a^"

."/'a

Inoludiuf vebloles

.inil

t

of er

;

53,6118

31.989

581,059
899,238
42,213
521,410
ai4,93"l

so well distributed, there

is

— that

made up

of a

small gains, rather than being the

heavy increases by a few particular com-

largest

amount

of

increase in the table

is

Paul, $161,935; besides this, there are
only two other companies showing $100,000 addition
or more, namely the Mexican National, which has

that of the

enlarged

its

St.

total

1121,737, and the Illinois Central

which has $100,000 gain.

Mainly JVestw'd

Merdiand

number

great

is

the improvement

in the aggregate

TnllJI.

34.655
142,414

101,71X1

the present improvement especially note-

that the increase

3411,082
10H.9.S7
1«,9 1

2i.2'i5

31.794
168,106
20.835

is

Ton*.

187.7.-3'

information we have collected and

month.

iia,982l
418,6681
173,511
26, 475
144,i03,

189,964|

42,609|

all this

123,603!

39 .',101

131,012'
15.5,633

11=82-3.

and

Tons.

39f.H8

30,K.S4

1883-4.

;

tabulated within fifteen days after the close of the

is,

Mainiy Eastw'd.

Mexican and Canadian roads included,

the few

covers about one-half the entire railroad mileage in the

part,

apolis

we have a

&

loss of

Manitoba.

And

as offsetting

$123,275 by the

St.

these in

Paul Minne-

There are in fact only fourteen

7M,257
46,770
24,608
32,563
»9,»9«
17,090

roads (counting the two already mentioned) having in.
This shows that the accreexcess of $50,000 increase.

21,378

It

tions are general in tlieir nature,

and not

special or local.

•

16,C09

S.ilSH' 8.454.888

maohiueiT.

should also be remembered that taking the roads as a
whole, we are comparing with exceptionally good returns
In May, 1888, the
for this month in previous years.

9

June

THE CHRONICLE.

I8t9..

15,

788

gain had beou nearly the same aa in the present year,
and in 1887 it amounted to over 3^ million dollars on
102 roads, while examinini^ our records for other years,

points of the Northwert.

we

for the five

find 1885 to bo the only time since 1879
May figures recorded a loss. The following

mary

of the

May

Mar, 1880 144 rua<I«)
Ha7. t881 ,49 roads)

Incrtattm

rtar

rtar

r«ar

PreetiUHt.

Olom.

I>r«esit4n«.

MUM.

miu.

1884 (60 roada)
1889 (56 roada)
1886 (flS roads)
Mar,18-*7 lOS r Midsi
Mar, 1888(109 roads)
Ma-. 1889(1,10 roads)

88,963
36,948
42,730
39,713

1

At Minnespolii the reodpU
weeks ending June 1, foot up ..
l,.
'

:

055 bushels in 1889, against 3,065,440

against 734,403 bushels.

1
t
U.8S4.C4I Int. 9.815.578

18,708,694

I4.a43,lft7 Inc. 8,I<M,46;

30,884,493

18.53IJ88 Inc. 8,303.110

81,407,067

l»,6>8.785 'IK, i,KtS.38<
17,467,903 Inc.
68l,5i8
17,194.369 UK. 1,898,837
16.417,588 inc .
wa.nn

18,0.«,8SI

4.1,517

19.893,5)8

46.085

17,070.17»

67,154

86,138,338

64,8:

87,730,787
.11. 488.840

74,643

77,40il

m

rcoeipt* the lots in whaat,
in
i)orio<lH, hn« Ixjen chiefly at th«
pring-vhe«t

bui.1,.

-.8;

Duluth the amount is 3,1{t,443 busheU. against 7M,109 bushels; at Milwaukee 455,a.>5 ba^heU, againtt
682,923 bushels, and at Chicag) 390.348 bu»hel»,

Earnings.

Ttar
0tMn.

32,009
48,345
47,;60
43.66 J
41.817
47,3«»
«.\083
68.167

Majr, 1883 (SO roada)
1883 (B0 roada)

a sum-

is

previous

grain

at

14,«49.613

Maj,
Mar,
May.
Mar,

the

back to 1880.

totals

MOtof.
Ptrtod.

when

As regards the

88.694,531 Inc. 8.537,801
8K,853,S17 Inc. 1.486,410
89,816,199 Inc 1.67V.041
.

As concerns the conditions affecting earnings the
present year, there have been this time fewer special
influences than usual.
Quite a number of adverse
circumstances have existed, however ; in fact, taken
altogether, the unfavorable elements have been

In flour the falling off

ia

just

marked, Ciiicago alone showing a loss of 341,000
bbU.
Altogether, there is a decream at the nine principa' western points of 1,557,584 bushelw of wheat and
as

517,783 bbls. of

H

the latter equivalent to over
so that the total Insa on the

flour,

million bushels of wheat,

two items amounts to nearly four million bushels. In
addition, there has been a decrease of two million bushels in the receipts of oats, somewhat more than the
whole of this decrease being found at Chicago. In
view of these various losses therefore the gain of not

quite 2i million bushels in com, loses a good deal of ita
more importance, even supposing that all roads which suf-

numerous than the favoring ones. Certain roads have fered a diminution of their traffic in wheat, or flour, or
still
suffered from a diminished demand for coal, oats, had participated in the gain in com, which of
though by no means all, as will appear from the im- course is not the case.
proved* results by some of them. The lessened amount
It is perhaps well to add that at Chicago there was a
of railroad building has also continued to reduce gain during May in some of the items of the provision*
railroad traffic and earnings in various directions. movement.
The receipts of pork were only 1,745 bbls.,
Southern roads this time had a smaller traffic in cot- against 2,065 bbls., but of cutmeats and lard the total
ton than a year ago, while taking the grain movement, was 314,536 cwt. against 151.589 cwt., while of livehogi
as reflected in the receipts at Western points, there was the number was 496,250, against 482,770.
a falling off not only in wheat and flour, as in other
Considering how heavy the loss in wheat has been,
months, but a very considerable loss likewise in oats. and the importance of that item to the systems in the
On the side of improving earnings, the chief influences spring-wheat sections. Northwestern roads have done
have been the enlarged movement of corn, and the remarkably well. The St. Paul Minneapolis & Manipretty general maintenance of rates, though in this toba, operating in the district where the wheat failure
latter case there have been some slight special disturb- was most pronounced, with no com movement of
ances, such as that occasioned by the action of the any consequence, again has a heavy loss, though the
Burlington & Northern on freights between Chicago amount of the decrease is not as heavy as the previous
aside from this there is only one minor
and St. Paul. The effects of the larger corn movement year's gain
and the better rates in increasing railroad revenues road that reports decreased earnings, while on the
should not be underrated, especially in their bearing other hand some of the roads, notably the St. Paul,
upon the results for future months still, it is obvious the St. Paul & Kansas City, the Duluth South
that the other circumstances mentioned have operated Shore & Atlantic, and the Milwaukee Lake Shore A
.

;

;

just as strongly in the opposite direction, so both

be given due weight in interpreting the

The

movement

cotton

at

May

Western, are distinguished^for very considerable gains.

must

These generally favorable results must no doubt in large
measure be attributed to the maintenance of rates. The
following is a comparison of earnings on a few principal
companies for May of the last six years. The results
for the Chicago & Northwestern are included in the
table this time, as the company's statement for the
fiscal year ended May 31 enables us to arrive at the estimated figures for the month.

figures.

period of the season

this

But it happens
does not reach very large proportions.
that last year in May it was somewhat in excess of the
usual figures, so it is perhaps not surprising that there
should be this year a falling off. In the case of the
overland movement the shipments show a decrease of
29,673 bales, while in the receipts at the Southern
ports there

is

loss of nearly

making a

a decrease of 65,088 bales,

The

95,000 bales.

total

May.

188B.

falling off was quite

1

1888.

t

188T.

*

1KS8.

•

^

1

311466

1810.

ISSt.

*

888,S«

•
a8i.8a

from the following, showing the

Bar. C. Rap. 4 Nor.
Ohio, Mil. 4 St. P.

1.989.000

t,78T,0«e

1.868.718

port receipts in detail in our usual form.
BEOBIPTS OP COTTON AT SOCTHBRM PORTS IM MAT, AND FBOM
JANUARY 1 TO MAT 31, 1889, 1888 AMD 1887.

Ctalo.4Nortbw....

8,101.647

8,080,898
119,808

8,I08.I4»
138,381

184.131

l3BkT»

108.08a
840.088
98,087

84.0W

ISilW*

M.m

808,488
78,oe>
ii8,er.

m.ta*

88^08

4n,8»>
Ul,88l

47,8ri>

4B.4aa

191.040

!»•.«»

489.91

general, as will appear

Since

May.

January

Bl Paso, 4c
Orleans

New

Mobile

183

Barannah

a,078j

Brunswick, Ac.
Charleston
Port Royal, 4c

Wilmington
Washington. 4o
Hortolk
Point, 4c.

Total

1889.

18M.

907

178.118

lOO.lM

"Is8,40«

40,066
1,433

14,961

689,611
69,401

619.848
49,883
8,94<
187,409

694,370
64,39)
6,801
188,316
9,044

.,

1887.

1,018'

038

47'

10,9«0'

14,751

9,779|

176,690
69,690

14

1,154

868

6,874

6,995

1,»90'

87.8«7|

88,988
79.7(M

678
906

569|

980l

3,908

6,361

8)8
«i

»1.870l

8349
..

81,066

S.4I9

49,197

Iowa Central
MIIW.I,.8h.4W..

118,489
818.611
99,000

Total

t9l.6?l

i<ia,80i

318.788

l.787jn»| l.S7S,Mt
1,8I7J«* I.I93.71I8

110,783
680,180

748,489

sTi.sr

«JS,4«

6.686.509

6.499,833

9,48l,84r

U88383!

1

14.249

9,.')

1

S85|

83,4Vjj

19,467

e«

1,695

819

644

8,890

ia8.(ll«

1,448'

884.347

116,0

'8

143.6 rs

Worth

180.081
96,119

31.699 1,918,661 l,19:),63ll 1,319,079

184,888

mjm
MM*

88l,l«7
5,439.114

is

much

& Texas

Central and the Little Rock & Memphis re|K>rt losses,
but the Missouri Kansas & Texas, the St. Louis & San
Francisco, the St. Louis Arkansas & Texas, the Fort

40,831

IS.OHO

tjntMt

5.0t8.«ST

In the Southwest the nature of the returns
The Texas & Pacific, the Houston

the same.

i.t8B.ias

•

18.96o|

666

Florida

West

5.316
1,798
18,643

urfloa

CeDt.(

Mllwaoliee4No...
Mlnneai>.4 3t. L..
St. Paul M. 4 Mao.

1.

4,493

1887.

bales.

L.l

111.

Porta.

Galreston

Iowa

317.716

Gulf,
I

gains.

&

Denver,

and the

St.

the Kansas City Fort Scott &
Joseph & Ormad Island, all hava

1

class of roads,

however, excels those of the South
"We have

[Vol. XLVIII.

GROSS EARKIXGS AJTD MILEAGE

in the favorable character of their exhibits.

ehown above that the cotton movement in May this
year was smaller than in the same month last year.
But the South is developing so fast in a general way
that this circumstance does not appear to have had
much effect. The Louisville & Xashville, the Mobile
& Ohio, the Richmond & Danville, the Erlanger roads
but one), the Nashville Chattanooga & St. Louis,
have striking gains. Even the smaller roads like
the Cape Fear & Yadkin, the Natchez Jackson & Columbus, the New Orleans & Gulf, and the Savannah
(all

all

Americus & Montgomery, are distinguished in the same
way, which shows how general is the improvement in
that section.
Out of thirty-four roads there are only
about eight that report any decrease, among them the
Chesapeake & Ohio, whose loss is due to the transfer of
through freight to the Richmond & Alleghany, forming
part of the same system.
The subjoined table will
give some idea of the progress making in the South.
It shows that on the nine roads embraced in the statement, gross earnings in May, 1889, were $4,483,337
against only $3,161,339 in May, 1886, being an increase
of over 40 per cent in three years.
Mail.

1889.

Chesapeake & Ohio
Ches Ohio & a. W.
Cln.N.O.&Tex.P.'
B. Tenn.Va.&Ga..
Louisville

Nash.

Jk

Memphis & Char..
Mobile &Ohio
NorfolitA West....
Btch. & DanT. sys.
ffotal.

1888,

1887.

$

t
345,845
577,566
411,164

868,867
151,583
636,574
418.67a

1,395,8:5'

Ul,22n

1886.

t
361,985
131.882

t
307,593
113,692

492,r>ol

374,52;

373,561

281,162

l,3t6,324

1,25),003

1,0.7,714

115,7.l('

120,547

242,887
S83.420
a"!8.0T6

210,408
383.867
749,791

118.447
193,667
002,807

77,297
199,099
235,701
571.871

4,483.337

4.26C,640

3,909,961

3,161,339

S21,8U;

1885,

»
247,112
l;2,788
352,990
278,871

1884.

t
287,407
1115,7110

378,400
295.461

1.102,411
78,844

1,156,109
101,023

+122,653
192,827

tl42,774
202,436
600,708

581,077,

3.06 7.576' 3,270,117

4 CairoT
"With the trunk lines and the roads in the Middle
Entire system.

*

+Not IncIudlnB

St. L.

far the

of Eoad.
1889.

& West Poiul

AtlRnt.a

APadtlc

AtLiutiu

.'i4,2(.l

Cape Fear &

Yart. Val.

Cliesapealie

.t

Clies.

Ohio&

1,060,000
30,805

Ohio.
Sontliw.

Chicaso & East lU.
Chic. Slllw.& St. Paul.
.

CUle. & NortUwcst...
Clilcapo it Ohio Kiver.
Chic. St. P. & Kaua.C
CUle. & West Mieh ....
Clu. GeorK. & Portsm.
Cin. Ind. St. L. & Ch.
Cln. Jackson & Mack
Clii.N.O.,SiT.P.(5riU)i
Cin. Rich. & Ft. W...
Cin. Selina & MoVjlIe
Ciu. Wab. & Mieh...
Cln. Wash. & Bait ....
Clcv. Akron &Col....
Clev. Col. Cin. & lud.
C:cve. & Marietta.. ..

Colorado Midlaud
& Ciu. Midland.

C!ol,

.

&

Tol.
Col. Hock. Val.
Da.v. Ft. W. &Chic...

&

Dcnv.
Denv.

Eio Grande

& R, G. West.
Det. Bay C, & Alpena
Detroit Lans's <k No
Uul. Sou. SU. i Atl...

East Teun. Va. & Ga.
Evansv. tfe ludiauap.
EvansT, &T. Haute..
Flint &. Pere Marci.
Fla. K'v & Nav. Co...
Ft. W, & Denv. City a
Gr. Eapids A ludiana
Other Hues

Grand Trunk of Can.t
Ur. Trunk.
Det. Gr, H. & Milt
Chic.

(S;

Houst,

&

Tex, Cent.

Humcston & Shenan
Illinois

Central c

Collar Falls* Minn
Ddlj, ^Sloui Cily.
Ind. Dee. & Western
<&

Ohio

-Kan.C. Ft. S. & Mem
"Kan. C. Clin. & Sp ..
Kan.C. Wy. itNorthw
Kentucky Ceutral
KeoKiik & Western..

.

.

..

The

coal roads, with one or two exceptions, have lost heavily,

and the Wabash Western and the Cincinnati Washington

&

Baltimore likewise have sustained a loss.
lines) shows a gain.

The

N. y. Out.

& Western

Norfolk *.t Western. ..
Northern Paeitto
Ohio Ind. <fc West. ..

Ohio & Mississipj)!..
Ohio A: Northwest...
Ohio River

OhioSoulhem

Wabash Railway (Eastern

Peoria Dec.

& Evans

& Western.
i Ariz. Cent.

Pittsbur!,'

May.

1888.

1889.

1

1887.

1888.

1

188B.

1884.

Prescoit

&Dan.

R.
«

t

& East.ni.

18«,21'

Chic. * W.Mich...
Ciii.lDd.S^L.&C.

106,819
826,676
154,176
215,560

Chicago

Cin.

Wash. &

Bait.

Col.H. V. *ToI...
Det. IjinslniriNo.

Evansv.&TerreU.
Flint* P. Marq,.
Grand Rap.ftlncI,*
Ohio & Mississippi
Total
* All lines.

122,848!

215,713,
160,660]
274,8971

80,b05
72,686
107,S84

76.388'

85,001

218,545
232,62

286,061
304,365
1,769,214

»

212,339

1|

892.701
l,R7S,3:lll

+ Chlcaao

&

183,573
120.687
217,707
166.799
197,141
102,620
71,931
226,9«2
826,641
296,162
l,800,S2it

*
1
+115,13J

t

141,715

+128,610
111,830
192,175
119,975

167,788]

167,941

97,706

29-1,035

101,279
61.120
174,048
200,612
275,481

1,567,443

1,5:!3,980

ln,3"5
lOl.GliS'

50,39l'
1110,670

184,002

»
+1I2„109
130,36a

205,195
143,809
163,693
13J.9P3
60,018
223,208
238,71.1

318,758
1,731,156

Indiana Coal not Included here.

Referring to the coal roads as a whole in different
parts of the country, we find that while the Columbus

HockingValley & Toledo and several others are compelled
to report a falling oft in revenues, the Pittsburg & AVestern, Toledo & Ohio Central, Wheeling & Lake Erie, and

Western

New York &

Pennsylvania show gains.

8t Jo.

Hi.

svs(8 rds.Ji
Gr. Island.

St.L.A.&T.H.brchs..
St. Lonis.%.rk. & Tex.
St, Louis & San Fran.
St. Paul Minn. &M...
Ban A. & Aran. Pass.
Sav. Ainer. & Mont..
Seattle LakeSh.<fcE..
Shenandoah Valley..
Stateu If laud R. Tr...

Texas

<k

345,045
114,226
181,21b
1,920,000
2,101,647
5,222

1888.

25,239
241,617
161,163
194,501
54,107
1,010,083
22,190
368,867
151,583
212,359
1,767,1165

2,090,233

.MAY.

raeihc

Tol. A. A, &N, Mich..
T.ledo Col. &Cm...,
Tol.
Ohio Central . .
Tol. Peoria <t West . .
Tol. St. L. &Kau. C...

&

Valley or Ohio

Waiiash Railway

Wabash We.stcrn
Western of Alabama.
West, N. Y. &Penn...
Wheeling & L. Erie. ..
Wiscousfu Central....

Three weeks only

Decrease.

+308
—4,711
—3,379

1,046

267

267
4,051

+8,l!15

245

—23,222
—7,357
-28,143

398
400

225
502
39S
465

+ 161,935
+ 11,394

164,84^
12-.',648

+60,460
—15,833

44,95.5

40.635
536,574
33,754
7,098
42,401

160,600
53,53
580,033
20,096
134,808
28,237

21'-,515

84,>:03

921J3

256,000
182,006
18,492

192,500
183,389
15,478
1,443,231 1,405,375
254,277!
246,740
6-',019

7--,930

107,556
10,300
1,061,000

173,461
11.347

128,383
25,540
112,429
20.16U
228,390
12,706
34,460
80,926
23,586
17.704

961,000

4,8.')0

186,831
22,493
40,370
281,062
78,00'

1,395,275
180,449
185,332
115,748
536.157
321,299
321,43
312,51
93,000
10,22!^

110,723
554,336
242,227
287,891
14,534
14,89"
2,892,851
53,525

152,623
393,42(j

1,623,642
114,239

304,36
19,8o6
44,300
36,031
66,810
203,516
11,126
833,076
90,49
79.418
235,135
428,597
620,18(1

104,007
11.989
20,625
70,0U0
86,937
459,282
75,536
20,814
96,723

7,521
107,78-.^

31,598
103,030j

22,806

of May,

1,140

86
67
165
281

+ 6,828

194
738
106
267
70
325
261

86
67
165
281
144
738
106
255

+ 0O,.5O2

+ 1,905

+ 8,-49

— 1,096
+ 18,6(.0
+ 11,700
+4,524

+ 2,419
+73,229
+ 12,475
+ 2,173
+7,686
—20,661
—7,320
+63,140
—1,383

+ 3,014

408

+ 100.000

+ 1,398
+2 ,601
—7.058
+9,39n
—2,646

+ 33,077

+435
+3f

24,3*71

-1,844

45.056

—4,681)
+ 3,173

1,480

1,462

369
226
323
336

369
218
268
356

1,140
154

1,140
138

156
379
574
856
409
63

156
364
574
85G
409
63

—1.035
+78,931

—4,683

+ 23,013
—4,79a
+70,93;i

+ 121,737
+ 35,570

2,267

1,953

75
524
152
509

75
327
152
500
129
671
163
132
254

129
671
163
IbO
254
148
113
61
589
G3
135
357
254

2,124

538
514
330

538
514
330

1,397
1,218

1,236

246,0281
92,087,
8,969'
103,601
494,129;

+66,484
+2,913
+1,260
+7,122

+ 60,227

1,612

210,408

+31,819
+35,094

687

252,797'
10,632
11,7811,

2,824,843
48,067,
141,979
383.867
1,537,289
122,525!
292,701
17,' Ou'

36,724
37,179
57,095
171.042
5,656
749,791
84,076;

70,349
209,065'
402,890,

743,465
80,591
6,'8(i

12,6121

07,539
76,386'

472,005
51,4591
15,132;
94,876'
71,917'
37,478'

52.149
533,914
468,638
32,014
247,642
70,-93
309,062

t

+ 3,902
+3,117
+68,00-

+ 5,458
+ 10.641
+9.553
+88,353
—8,286

+ 11,661
+ 2,800
+7,376

— 1,14S'

+9,721
+32,474
+5,471
+88,285
+6.419
+9,009
+26,070

148
113
61
589
63
135
357
254

2,176

293
660
303
17
351

2-5,t'67,

70
325
261

+37,856 3,479 3,418
335
+ 7,537
335
—7,911
189
189
—5,9(5
513
513
—1,047
95
95

15S,754

74,:".0u

62,848
53,448
509,056
454,184
32,905
273,100
73,452
344,030

1,140

—2,721
—2,300
—6,484

+ 19.582
+ 599
+ 9,159
+ 6, 26
+ 579

79,642
1,316,324
185,132
162,319
120,5471
465,2241
199,562

5.670
4,210
86

+ 4.320
+ 1,8"9

208,8081
12,107
25,301
74,200!
23.0071
17,329
4,812'

277,S?89

86
811

+40,992

+ 4.58-

197,881

4,2.50

+10,963

33,150
622,280

431,1541
21,750
72,6861

5,078

652
414
42
303
340

—69.137

92,t)25

.^02

1,040

42
303
346

+ 212

274,6i?7

48,476
78,386
114,106
418,079
19,583
65,001

86
818
294

4,795

106,815
5,265
226,676

577,566
35,563
4,374
40,100
154,176
60,363
641,135
22,060
14S,717
27,141
203,560
37,735
640,8k0
104,325
53,000
80,803
187,335

86
818
294

1888.

+ 23,215
+ 174

225,3(.8

5,053
215,713

1889.

+49,913

+ 1,311

Total (130 roads). .131,488, 240 29,816.199
*

Mileage.

Tn crease or

3,911

8,91

Iowa Central

Kanawha

2.5,547
238,90(i

157,7^6
217,716

Buff Eofb. &Pitt.sl).
Burl. Ccd. Rap. <k No.
Cairo Vine. & Chic...
Cauadiaii Pacitic

,

statements.

IJf

Gross Earnings.

Name

somewhat irregular, though
most of the roads show improved earnings. Kingst, & Peinl)roke
Eile Alii. &8n..
From Michigan the returns as a rule are poor, nearly Lake
Lake Erie & Western.
LehiuU <& Hudson
all the older lines, like the Chicago & West Michigan,
Little Rock it Mem.,
Island
the Flint & Pere Marquette, and the Detroit Grand Lon;;
Louis. Evans. &. St. L
Loui.sville & Nashv.
Haven & Milwaukee,' reporting losses; but on the other Louisv. N.All). itChic
N.O. A; Texas
hand the newer roads, like the Toledo Ann Arbor & Louis.
Memphis ik Char'ton.
Mexican
Central
North Michigan and the Detroit Bay City & Alpena,
Mexican National
Mexican
Railway
are doing very well, especially the former.
The New Milw. L.Sh.&West...
York Ce itral has a moderate gain; the Cleveland Colum Milwaukee & North
Mineral Ratifje
bus Cincinnati & Indianapolis is conspicuous for very Minn. & St. Louis. ...
Mo. Kansas &. Texas
decided improvement, having enlarged its total |!G0,502. .Mobile ct Ohio
Nasli. Chatt. & St. L.
The Lake Erie & Western, Cleveland Akron & Colum- Natchez Jack. & Col.
New Orleans & Gulf
bus, and Toledo St. Louis & Kansas City, also deserve N. y.Cen. & Hud. Riv
New
York * North'n
mention for their exceptionally good
lA'estern States, results are

by

1

THE CHRONICLR

784
No

..t
..
.

.

1

865
293

C5ti

100
68
1,420

58
327
594
3,445

342
623
107
211
128
254
307
73
2,033
447

242

1,262
1,329
-1-J3,275' 3,024
+ 23,473j 413
+5,103'
110
74
+t-,013
255
+2,4611
21
+ 10,551
-12,723 1,497
245
+ 24,077
45
+ 5,712
237
+ 1,847
247
+ 2,583
+ 25,3701 31
91
+ 1,299

+ 25, "07;

+35,142

— 14,45ll
+ 891

+ 25,558'
+ 3.069
+34,968

950

1,001

138
658
187
818

:l,«72,0ir77,403 74,643

For four weeks ending June

1,

Junk

1

.....

.

THE CHROXK'LR

13. 18$9.J

We

«
of

6
trlve here the e«niln««
Inoliulra whole Pun IlRndlo nysteni.
the separate i^>n(lH will be found iiUowbvrc.
thi< eullro p^ntrm
ii T< nnc' aee lor tlila year only,
:

79s

J^ouctavo-iTommcvclalJittoUsliBeujf

c lucluilcs MlAS.

GROSS EARNIXOS FltOK JANUABY 1 TO MAT 31.
1889.

Ifame of Road.

Atlantic
Biitlaln

Point

l,16.^,700

Si Pai'ltio

&

U(nh.

(V(l. Kap.
Vini't'nni'i*

Bml.

Pitts.

&

Cairo
Cana.llan Pacitlo
Ciji? Fear A

763,8aO

...

No...

1.067,3:!4
271.01)0
5.0(18,03 I
160,9'2S

& t'Ule

Yadkin Val

4,6.52.391

1.705.248

127,224
1,807,718

784,<)5C
l.OJS.OOl

1,019,268

Paul

<),100.il.l6

8,.552,762

Northwest...
A Ohio Klver. ..
Chic. !*(. P. & Knn. City.
Chicago it West Mich. ..

9,00«,UI

I

(

C

!i

sapeakeA Ohio
-, Ohlo&.So.We.'it....

rOastern

it

ill.',

CUlcatfo Mlhv.
Clile.rKO
Cliioajf"

Illlnol.')

A: .St.

&

PorLsin.

CInn. (icori.

A:
Inil. .St.L.

30,iei
1,056.715
585,030
22.972
1.122,523
222,017
3,0B2.630
178,423
43.865
195,99
805,645
273,080
3,043,612
98,143
640,529
129,279
958,354
189,914
2,371.203
532,803
2H!.842
424,637
541.840

A-0

Ciu.
Cln. Jadi.son cfc Muck
Cln. N. O. >VT. P. (.'irds).
Cln. Klih. & Ft.Wayuo..
Ciu. .Sclnm J: Mobile
Cln. WaUaah cl: Mich ...
Cln. Wa.sh. & Baltimore
Clev. Akron & Col
Clev. Col. Cln. & Iiul....

&

ClHvelnnil

Marietta-..

Colorado Midland
Col. ik Cln. Midland
Col. Uock. Val. & Tol....
Dayt. Ft. W. & Chlo
Denver A Rio Urande.
Denver iV U. G. Western.
Det. Bay City A Alpena.
Detroit LansniK & No.
.

.

Dal.

&

S. 8U.

All

East Tenn. Va. & G.-J
Evausville •& Indiauap..

2,:<95.741

107.540
344,023
1,009,646
486,008
476,573
897,926
86,319
7,527,599
1,363,821
390.971
1,036,759
4S.800

Evan.^v. & T. Haute
Flint & Pere Mar<iuette

Nav. Co
Fort Worth & Don. City.
Gr.aud Rapids A: Ind
Other lines
Graud Tr. of Canada...
Fla. R'y

.t

Chic, it Giand Trunk.
Det. Gr. ilav. A; Mil...
Houston Si Texas Cent..

Hunic.ston & .^henand'h
Illluois Central
Cedar Fa'N it Minn...

5,33 .',036

3S134

Dub. & StuuxCity
Ind. Dec. & West
Iowa Central
Kanawha & Ohio

633,105
145,421
.574,749

100,437
1,722,105
101,484

•Kan. City Ft. S. it Mem
•Kan. City Clin, itfrprins
Kan. C.Wyan.it Nocihw.

155,9111

Kentucky Oeniral
it We'.tern
Klnirstou & Pembroke.
Lake Erie Alll. it Lo....
Lake Eric & Western
Lehiijh it Ilud.sou

370,653
126.313
73,72?
25,4«3
967,590
96,777
235.331
1,083,549

Keokuk

Rock

Little

<fe

.Memphis.

Louif I.^land
Louis. Evans, it St L...
Louisville it Na.shville ..
Loulsv. N. Alb. it Chlo.
Louis V. N. O. it Texas. ..

Memphis

it

Ch.irlcston

Pittsburi;

Prcscott

Rich

it

i Danv.iS

441,'<89

394,512

&

1,190,476
2,118,322
2.S04.087

&

440.324
74,154
3l5,e00
295.20"
2,410.076
373,388
95.843
414,795
354.088
342,926
211,032

Shenandoah Valley
Staten Island Rap.Tran
Texas

it

Pacitlo

&

To!. A. A.
Nor. Mich..
Tilelo Col. it Cln

Toledo i Ohio Central
Tol. Peoria ic Western
Tol. St. L. it Kan. C...
VaUey of Ohio.

Wabash Railway
Wabash Western

2,480,531
2,214,057
217,505
1,223,217
355.913
1,452.459

Western of Alabama".
Western N. Y. ik Peiin.
Wheellni? <fe Lake Erie

WUcomsin Central

186.8
374, i85

405.253
2,211,978
89,324

321,136

SB, 113

20.55t
46', 801

"'3,5»4

415.640
33.701
102,470
15,306
9,633
048,18.

181,011

12,619
204.96U
6,401

709
80.36
36.381

278.109
11,037
1,157
12,914

45V,514
354,184
668,329
78,28.i

e,950,»10
1,326,451
420,933
828,560
57,414
4,547,837
34,774
625,7651
137,9041
536,759
104,281
1,553.097
91,270
85,048
361,091
125,531
68,667
21.029
748,905
91,522
295,432
1,047,83
1

31,315
502,012
2,430,721
1.006,390
1,281,834
62,951
69.3571
13,726,416
207,383i

135,320
4,169

30,442
29.779
52.783
29,970
50,252
130.587
183,763
18,216
22,837
27,694
122,389
20,597
8,2 4

576.689
37,370
209,199
784,198

337
7.341'

7,517
37,990
16<y,608

inoiithN

of EnKland than

more

wm

giiUi

was lent into

it

1.

I^-W.

takint

o«t

ilariaK tiM

wu

week ende-d WediicHday niglit. Tlie exocfl
not Utrg«,
ouly CG8,U00, but it hIiows tiiat the movomrnt of the metal bw
clianged, Tlie witlidrawala have lieen chiefly for PmrU mad
.South Africa.
For a couple of months now French opermton
have been selliug scruritiea on a very large oat* in this market, witli the result tliat tho I'nris cxchnnK" hnii liccome oo*
ravoral)le to tliis country, and that Kold i« ItoKinning to be atnt
to Paris in birgv anioiintt*.
YiMtonluy £12d,000 waa witbdrawa
fur ttiat purpose and raore will follow.
In tioath Africa oaw
gold fields are being diacovercd, it iti reported, every day, Tha
mining comiNimea are opening up their mines and haateninf
their operations, so that in consequence there ijt a very strong

—

]

district

7,214

218,085
5,255
60.101

3j,718
7.987
563,728
09,231
9H,863
26,016
87,9^2
533.502
161,231
301.510

be a very serious failure of the crops,
Wheat is not grown to any

extent in the districts affected, nor is it much consumed there.
It is hardly probable, therefore, that the drought will have
any influence upon the wheat market, but it will, of course,
unfavorably affect the finances of India, and it will likewise
lessen the

posed of

for British goods in Southern India.
a very large and influential deputation, commembers of Parliament, and delegates from the

demand

On Thursday
i>eer8,

chambers of agriculture, chambers of commerce, and labor
organizations, waited upon the Prime Minister and the Chancellor of the Exchequer to urge upon the Government the

40,175!

8,952

11.654
19,036
250,7321
143.8911
11,027'
1,^35

importance of consulting the chief commerciiil nations as to
their readiness to join with the United Kingdom irt a conference for the purpose of considering whether and how far a

system can be re-established by intemanonal
The Prime Minister made a long speech in reply
to the various remarks offered by members of ^he deputatioD.
He was, of course, careful not to commit tho Government to
any definite opinion. But tho tendency of what h* said waa
certainly favorable to the bi-metalliits. Ho obsoriied that they
were much more active and energetic than tho moaometaUista,
and he twitted the latter with an apparent uwbiUty to account
bi-metallic

agreement.
57,714

22,761

24,917

for the faith wliich

is

in them.

He

urged, in conclusion, the

and further discussion. Pointing out lh\t
the difference of opinion on thU question throughout the
coimtry is still so strong and so bitter that llie GorcnHHUnt
would only make matters worse by yet interfering, he adTlsed
neoeaeity for fuller

820,888

the deputation to send representatives to the mcsietary conChanference which is to be held in Paris in September. Tke
the Exchequer also spoke in a spirit rather favorable

soUor of
30,896
54,069

however, upon them to abstain from
imputing unw^orthy motives to their oppcoiants. It is a farther
iudicaUon of the feeling of the Govenunent upon this subjeot
next foe
that it has agreed to give an opportunity on Tuesday

to bi-metallists, urging,

Comnwos.
the discussion of bi-met«llism in the Hou.'ie of
The demand for American railroad b«jnds, which has been eo
Ih*
Mort
strong for a year past, is br-coming even keener.

d

596
78,933

|

Total (129 roads).... 151,201,659 141,413,462 11,105.197 1,317,000
9.788.1971
Ket incre;vse

Mexican currency.l

there will

and possibly actual famine.

6,562
782|
5,060
4,434

356,'S29

;

Bank

tlir*>o

for gold. It is feared also tlist a demand for Oermany may .spring up, and there arc indication^i of other demands
from different quarters. Still it does not Hcem proliable tha^
1<',415
for some time to come there will be much change in the value
of money. The speculation for the fall which has been going
104,722
on for some weeks has been checked, but the rate of discount
in the outside market is still only aliout t >g per cent thitt is,
below the oflicial minimum of the Bank of England.
J-i per cent
The Bank of Bombay on Thursday lowered its rate of discount from 9 per cent to 8 per cent, and on the same day tha
Bank of Bengal reduced its rate from 8 to 7 per cent. The
26,890
stringency in Uie money market is thus coming to an end
and the demand for remittances is falling off. The Indian
exchanges in consequence are declining, and the prices of India
Council bills and telegraphic transfers are falling, while silver
29,082 likewise is in less demand. The reports from the Prealdency of Madras resipecting the crops are unfavorable*
For some months apprehensions have been entertained
of a great scarcity in one district in Madras, and the
latest reports are even more unfavorable than those pre*
3,^44 viously received.
It is now feared that at least in one

70,802

24,465
36,507
1,028,290'
127,409
5,829,023, 1,453,331
588,935
69,369
1,451,205
8.80U
69,600|
47,5 J6
150,863
235,280
23',986
285,147
153,149
726,845
18,535
36,465
464,552
4,010,814
24.234
417,755
28.«31
365,881
171.876
1,018,600
121,025
2,027,297
3,324,975
84,541
355,783
42,203
31,951
4.310
310,460
37,419
257,718
2,440,972
li6',i'l3
233,275
30,083
65,760
469,764
".V.6'57
349,031
165,:n3
177,611
20,332
220,680
74,911
2,405,6^0
112,563
2,101,489
19,973
197,530
97,446
1.125,771

".rhreeweeksonlyolMay In.eaohyear.

flrst time- in

demand

604.377

1,373,526

I

12,3-9

3'1,235
15.5,353

1,036,536

939,110

19,-<,159

roads)..

480.080

1.673,312;
88:, 4691
404,029:

210,363
289,127
879,904
55,000
4,475,366

St. Jos. it Gr. Island ...
St.L. Alt. &T. H. Br'chs.
Texas...
8t. L. Arkan.
St. Louis
S. Francisco.
Bt. Paul Minn, it Man...
San .\ut.it Arans.Pass .
Savannah .liuer.it Mont.

2.841,424

1.836,543
1,183.015

fc9..592

Western...
Arizona ent.

108,588
511,209
125,110
1,063,076
159,502

l,'i22,072

13,668,702
231,818
640,944
2.055.699
7,282.606
566,171
1,520,574
78,100

it

2.8H8.2.59

374,1)11

1,257,122
1,405,725
73,878

Norfolk* Western
Northern Pacitlo
Ohio rud. it Western...
Ohio & .Mississippi
Ohio & Nonhwcslera ..
Ohio River
Ohio Southern.
Peoria Dec. & Evans...

1^3.0-i3

818,034
240,445

0,369,153
821,730
971,739
668.687
2,497.615

441.204
43,267
490,358
2,411,655

.

Jliui'ral R.'knse

9,190,452
18,415
761,749
548.632
22,263
1,042,159
185,634
2.781,461
167,360
42.408

33.!,598

2,535,597

Minneapolis & Bt. Lsuls.
Mo. Kansas it Texas...
Mobile it Ohio
Na*h. Chatt. it St. L....
Natchez Jack. A Col...
New Orleans it Gulf....
N. Y. Ccn. & Hud. R...
N. Y. & Norihcrn
N.Y'. Ontario & We.sfn.

.

6.932,881
890.961
i.OGJ.eoa

694,703

.

Mexican Central
i
Mexican National
;
Mexican Railway
;
Milw. L. ."^hore it Wesfn.
Milwaukee it Northern

76!>,6,50

of the

4,5.-.l

owa oorrMpondeot.

IxiNOOs, Saliirilny, June

For tho

171.011
1.107,587
790,394
1.026.533
274,014

\7tt,int>

..

Croat oar

DetTtate

9

& West

Atlanta

InereoM.

188S.

t

_,

to hn«*
bonds which are well-known in this market appear
been absorbed by investors, and houses which
the sattiemettt
hirgely to the Stock Exchange report that at
more
which was completed on Thursday evening tids week

.

1

786

I

HE CHRONICLE.

[Vol.

XLVin.

bonds have been taken up and paid for than for a long time weak. Meantime the demand for copper is better, the price
has risen from £2 to £3 a ton, and the demand seems to
past, very many bonds being those of railway companies which
are little known here. In many cases bonds which had been be increasing. The waiTant holders are not selling, as they
pledged with lenders for a year or more have been taken up. hold the copper at much higher prices than can now be
There are signs, too, that the share market is broadening. The obtained. The statistics published to-day by Messrs. Morton
general public, it is true, are still out of the market, and the show that the deliveries during May were large, over 13,000
consequently that the statistical position has
principal operators are doing little. The market is very much tons, and
improved.
left to room traders; but they are gaining confidence, and are
The following return shows the position of the Bank of
beginning to deal more freely than of late. For a considerable time past the impression has been growing here that we England, the Bank rate of discount, the price of consols, &c.,
compared with the last three vears
are about to witness greater activity in the market, and some
the
Stock Exchange and the proweeks ago the members. of
1869.
1888.
1887.
1886.
fessional operators were inclined to buy largely. Suddenly,
£
£
£
21,877.900 24.S52,810 24.914,745 24,901,030
however, they lost confidence, and for a little while, although Olronlation
Pabllo deposits
10.194,034
6,881,980!
4.749,503
6,211,585
they admitted that the conditions were favorable to a ri.ae, they
Other deposits
25,271.621 23.801,3971 26,061.791 22.51)0,942
were afraid to back their opinion. They have, in fact, been so OoTernment seonrities
16.015,065 17,055,1471 15.189,907 11,S33.498
Other
seonrities
22,179,578 19,0; 8,022 1S,729.?00 21,121,508
generally wrong during the past two and a half years, and
aeserveof notes and coin
15,160,289 12,210,261 11,396,877 10,618,117
have lost so much money in consequence, that they are dis- Coin and bullion
23,288,189 20,?6S,0-1 23,661,622 19.766,147
trustful of their own judgwient and are afraid in consequence Prop, assets to liabilities
3rfJi
305«
p. o.
42^
48 7-16
3 P.O.
3 p. e
2« P. C.
2 P.O.
to enter into engagements for any long time forward; but this Bank rate
101«
Consols
101«
lOif P-16
lOOll-lfid
week they appear to have been gaining in courage and to have Olearlng-Honse return
IIL',563,000 128,392,000 135,i7«,00. 125,410,000
been dealing more actively. In the middle of next week Parliament wiU adjourn for the Whitsuntide holidays, and great
The following shows the imports of cereal products into the
numbers of persons will leave the city. It is hardly likely United Kingdom during the first thirty-nine weeks of the
season compared with previous seasons:
therefore, that until the holidays are over there will be a
IMPORTS.
marked increase in the amount of business done. But if the
1888-9.
1887-8,
1886-7.
1885. 6.
:

1

'

in New York is continued, the probability
appears to be now that after the holidays the great operators
here will begin to deal more actively than they have done for
a long time past, and if they take the lead the general public
will of course follow.
Tl.e city of Oporto in Portugal is just now passing through
a serious crisis. Some months ago the Government granted a
large subs.dy to a new wine company, and gave it such privileges as would enable it to ruin all competitors. The city of
Oporto, which is the centre of the port wine trade, protested
so vigorously that the measure was withdrawn, but a new
company is now subsidized with even larger and more objectionable powers than the first. All of the win? meroliants
in Oporto have protested, and have closed their doors.
The
workpeople are thrown out of employment, and serious distress is feared.
The workpeople, however, fully sympathize
with their emisloyers. They have been holdii g large and
enthusiastic meetings to protest against the Government
measure. But the Government has answered by marching
troops into the city and dispersing meetings by force. As yet
there have been no serious riots, but fears are entertained that
the city may at any moment be thrown into a convulsion.
The sugar market is strong, the quotation for this month's
delivery being about 23 shillings per cwt. The visible supply
is only about 845,000 tons, against over 1,200,000 tons at this
time last year and 1,260,000 tons at the corresponding date
two years ago.
A South African paper of the date of May 1st just received
states that the export of gold from South Africa in the year
1885 was only of the value of £69,500, in 1887 the value had
risen to £236,000 and in 1888 the value was £906,200. In the
first four months of the present year the value of the meta'
exported was £428,000.
The wheat market is unchanged. On Sunday the weather,
-which for a fortnight previously had been very beautiful,
broke, and since then there has been a heavy fall of rain all
over the country, accompanied by lightning and hail with
floods in some districts.
It was expected, therefore, that quotations would rise, but as a matter of fact there has been
scarcely any advance.
The negotiations between the copper-mining companies and
the warrant holders are dragging. It was reported last week
that an agreement had been arrived at between the American
companies and the warrant holders, but it is now said that the
agreement is not in writing and is not binding. With the
English companies negotiations have made little progress.
The Mason & Barry, the Tharsis and the Cape copper companies were not paid for the copper delivered by them to tlie
Societe des Metaux at the beginning of the year, and they
will agree to nothing until payment is made. The liquidator of the Comptoir d'Escompte has offered a compromise,
which, however, has been rejected, and for the moment, at

upward movement

all

events,

ever.

On

looks as if an arrangement were as far off as
the prospect of an arrangement being made copper
it

mining shares

rose,

but the

market seems to be again

Wheat

o-wt.

Barley
Oats
Peas

Beana
Indian
Flour

com

46,313.337
15,483,543
11,348,379
1,916,082
2.512.637
21,850.437
10,752.632

33,551,174
15,431,>94
11,036,730
2,430,3»7
2,063,962
16.606,098
14,307,820

37,793.400
13,871,006
10,220,203
1,857.640
1,901.047
21,254,4 66
13,081,363

34,795, ,5S8
S 600, 005
7,3'.t0

,598

1,506 296
2,31 S ,917

21,920 ,844
10,394 ,05

Supplies of wheat available for consumption (exclusive of
stocks on September 1):
1888-9.

1887-8.

1886-7.

Imports of wheat.owt. 46,315,337 33.551,174 37.793.400
Imports of flour
10,752,632 14,307,820 13,084.363
Sales of liome-|,TOWii. 29,202,126 32,170,097 27,042,005

1885-6.
34,795,588
10,391,054
31,64li,612

86,-270,091 80,' 29,0.^1 77,919,768 79,836,254
1888-9.
1887-8.
1886-7.
1885-6.
week. 298. 5J. 318. 6rt. 34a. 6d. 32s. 5(1.
season. 31s. 2d. 303. 4d. 32s. 9d, 3*8. 7d,

Total

Aver, price wheat
Aver, price wheat

Enellsli Fiaancial Iflarkets— Per Cable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending June 14:
London.

Sat.

Sliver, per oz

d.

2%

Consols, new

421s

984
fr.

86-60

108%
13111

&

et.

Paul....

75ie

Erie common stock...... 28%
IlUnola Central .......... II914

Pennsylvania
PhUadelphia & Reading.

New -irork

W

57%

Canadian PaeiHc

Central

National Banks.

1

Thurt.

42
421,6
985,6
985,6
9814
988,6
987,6
86-65
86-tO 86-30
lOf.%
108% 108%
13114
131% I3114
57=8
57 Wi
5753
7518
75=8
75%
29
119

29 14

53i«
2358
IIII2

53^8
23I3

110%

—The

Wed.

Tuet.

42

per eta.

for account
(in Parla)
D. 8. 4128 of 1891
U.S. 48 of 1907

do

EVch rentea

Chic. Mil.

Mon.

following

1191a

53%
241s

112

National

FM.
42
98ie
98'',«

36.;2ia

106%
xiniig
57=8
74^8

29 19
119

119

52%
2mi
111%

2439
111>3

2i?78
5-.

=8

Banks have

recently been organized:
4,048.— The Contineutrfl National Bank of St. Louis, Mo. Capita'.i
,'(!2,000,000. George A. Baker, President; Charles W. Sullen.
Caslilcr.

4,049.— The Second National Bank of Hagerstown, Md. Capital, .$ 100,000. Hi^nry II. Keedy, President; lohii Van Lear, Cashier.
4,050.- The Quaker City National Bank of Philadelphia, Pa. Capital,
!i!500,000. Joseph G. Ditman, President; William U. Clark,
Caehler,

—

Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show a
general merchandise.
decrease in both dtry goods and
The total imports were $8,731,317, against §10.029.763 the
The
preceding week and §7,030,012 two weeks previous.
exports for the week ended June 11 amounted to $6,882,344,
against $.5,441 ,488 last week and $6,061 ,646 two weeks previous.
The following are the imports at New York for the week ending (for dry goods) June 6 and for the week eudins; (for general merchandise) June 7 also, totals since the beginning of
the first week in January.
;

FOREIGN IMPORTS AT
For Week.

Dry Goods
£l«u'l mer'dise.

Total
8%nce Jan.

1886.

NEW

1887.

YORK.
1888.

1889.

$1,728,031
6,190,394

$1,143,620
6,842.037

$1.44«,8i>7

7,256,579

$1,519,984
7,211,333

$7,918,425

$8,285,657

$8,703,476

$8,731,317

$52,281,012' «54,929,527
141,104,163, 153,671,770

$5<',.579,007l

1,

Dry Goods
Oen'I mer'dise..

$63,229,262
154,006,3171 161,808,312

Total 23 week." $193,385,175!$20S.601,297!$213.535,324 $225.037,574

The following is a statement of the exports (exclusive of
from the port of New York to forei.gn ports for the
week ending June 11 and from January 1 to date:

specie)

.

. .

June

.

15,

.

..

THE CHRONICLR

188S.J

BXPOKT8 FROM

."»«W

1886.

For the week..
Prsv. roporUxL.

TOKK FOR TUB WEEK.
188B.

1889.

«6,854,840
127,280,649

•4.748,731
126,607,111

1'16,443.»08

125.744,-110

The followint? table allows the exports and imports of specie
at the port of New York for tlie week ending June 8 and
since January 1, 1889, and for the corresponding periods in
1888 and 1887:

NEW

Xxporlt.

Import:

aoui.

Week.

Great Britain.
France

Since Jan.l.

West Indies..

'Sb'.wo

$4,9P7,0!-0 $27,761,253

44.701
128.700

.

.

•14,3J7

3.230.300
14,500
1,675.092
76,200

411 otlier countries.
.

SineeJan.!.

• 17H,»07
1,3^^.828
1,21(1,702

161,470

Mexico.
South America.
Total 1889
Total 1888
Total 1887

Wetk.

$752,423 «11, 819.230
4,033,187 10,945,941

Oermany

YORK.

11,913.478
5,568,885

2,023

117.831
2H.,171

"i",6bo

85.020
451,171

148,731

$166,111
12,832
8,240

Exportt.

$3,40<!.190

4,137.620
4,694.640

Imporlt.

Silver.

Week.

Great Britain...
France
..

Since Jan.\.

$318,100
2,000

$8,598,974
124,500

11,700

117,188

Germany.
West Indie
Lies.
Mexico
Boutli America

Week.

Since Jan.l.

$68,132
598

500

Total 1889...
Total 1888. ..
Total 1887...

7(.0

2,0C0

14.601
155,480

200,

82,158
45,604
35,813
504,329

$336,900
85.460

$9,011,245

»2.6.S2,

$736,634

5,283.v<76

1.53,433

4,793,139

49,G3l!
9,447i

920,7ti7
935.0«S»

New York— Monthly

Foreign Trajje of

Statement.— In

addition to the foregoing tables, made up from weekly returns,
we give the following figures for the f uU months, also issued
by our New York Custom House, The first statement covers
the total imports of merchandise.
IMPORTS INTO SBW TORK.
1889.

Qoodi.

Dry

JotaL

Ooodt.

iite.

Mk

Xtw

of

goahaata*

15,984,160| 31,642,557

March

I?,7fl*.653

....

May

ToM.

Merehaniit.

9,9t9.5

Ohemloal
MercbantA' Rxoh*nff«

5,8«4.ll

15,530,747

25,357.54)

40,888.287

14.299,406

8".484,1S6

4<,783,«32

42.310,945!

10,12'<,258

Sl.121,301

41,844,659

41,»00,629i

11,117,537

27,377.7«7i 38.4«i,264

6.871,012

36,970,066 43,841,978
:i_

7,061,079

31.614331

39.675,423

NEW

58,132.110 148.955.055 205.087,166

MMhanloa' A Tradara
Uraenwioh

987.8
908,0

Laatber Maonfaot'ra.
ScTenib National..

900.0
(00,0
SOO.O

York
American Kxchanffaw.

1,900.0

Oommeroe

•UM of New
Broaiiwar
MeroanUI*.

flanoTer
IrrlDg
OlUaens'

17,418.8
8. 1 99.7
8.344.4
9.907.9
11.09S.6
>.0S0i3
9.901.0
4.948.0
16.691.4
9.971.0
9.987.1
9.801.7
4.169.9
9,078,1
8,896,0
6.819.8
6.4U9.4
9.290.0
21.769.9
20,986.6
9,068.1
1,938.7
19,004.6
8,477,0
4,109.0

S.804.11

1.003.7

740.6
896,7
864.7
944.1
471.6
1.176.7
289,7
887.3
17C.6
eHl.l
906.0
934.6
1.070.9

1.000,0

Xaaaau
Market

* PaltoB....
Nioholaa.

Shoe A Leather
Oorn Exchange

artentaL
Importera' A TraAara
Park.

North River
Eaat mver
ronrth National
Central NationaL
Second National......
-Vinth National
First National
Third National

Natl Kxchance
Bowerr
N. r.

New York

County...
3erman- American. .

CbaaeNaUonaL
Fifth Arenne
Serman Exchange..
9erman]a
,

WeetBido.

,

S^board
NationaL...

600,0
eoo.o
600.0
760,0
600,0
600,0
1,000,0
1,000,0
300.0
1,600,0
9.000,0
940,0
960,0
3,200,0
9,000,0
300.0
760,0
600,0
1,000,0
300,0
960,0
200,0
760,0
600,0
100.0
200.0
200.0
600.0
300.0
900.0
160,0
300.0
900,0
600.0
900,0
3,600.0

9i3.6

Wl.i
4,40t>.0

1,996,7
119,7
l!lt.9

1,486.0

666.6
997,0
309,9
6,100.7

979,V
127,4
387.4
142.8
208,f

MerchanMu.

At Kevj ToTk.

Surplua.

N. York.
11...

It89.

January
February..

March
April

May

30.1:6.144
26.242.020
2S.85«.635
29 108 075
26,449,235

ToUl

I8f9.

18^

1
24,055,029 'January..

<
14,031,780

13.406.(21

26,342,257 February
22,863,204 [.March

12.9^,911

13.16(1.688

13,423,094

11.05H.63S

11.968,787

11.159.664

186a

25,066,227
23,917.589

110315,109 1:22.244.305

1

4prll

iMay
i

Totnl

11.097.883

9,9(13.060

68.818,955

s.q:«.o

6.Im.»

98.423.8
6.966.4
1.662.0

94.496,0
7.«i»7,0

1,806.0

Z414.8
2.59'«.6

2.899.6

862,(1

o.'jac.o

708,9
390.8

4,1PS,T
2.940.9

!<85,

9,48^8

606.7
294.3

6.213,3
2.917.0
2.:97,»

9.19.!i

26.1.0

l,tl06,l

461,3
918.4
138.3
73.0
183,9

4,370,0
2.070.0
3.316.0
1

4.4.T.»
8.8I1.0
9.874.8
6,609.8
3.670^0

131,8
«;3,9{

883.'
11 1.0
284.7
404.1

8.0(43

19e,6t
390,9|

1.860,1
1.017.5

1,889.*
6.8«0,4

688.01

4.I9£$

IIO.O
22i.H

ll, 3»4.i

2.901.0

Loans.

SpeeU.

I^oaU.

DncHU.

•

•

•

*

rirrTn|
I

•

o

«rla|i .

•

I

114,218,.4'41B.030,6 80.013.8,39,104,1 441 U89.3 4.021.2 71.'.69l.{
.

.

.

881.969.8
780.487,1
«89,6I9.9

736.894^

Boaton.*
..

1...
8....

153.114.6 11.239,1
65.043. 5 l.t4. 374,9 11.030,0
fl.>,'U3, i> 166,126,4 10,9O»,5

4.471.4: 141, 185.6 9.641.9
4.236.'i ltl.88<).9 9.540.9

0.'>,04S,.5

3,999,6 U9.914.9 2.688.8

89.B49.T
80.9H4.9
94.168,0

Phlln.-

May

63.471,145

'...'T.'..0

18.... 114.215,,4 413,-2H6.0 83,483,l'41.681.5 ll.l.O'.'O.I 4.014.6
- I 0OS.9
25... 115.564,.6 412,472.7 82.ie6.1'43,46.'.
.1.979,7
1.... 116.584.,6 411.767,8 80.40.3,8 44,88.1,998,1
8.... 115.684,,6 413,829,0 78, 1 10,2 44,7 1 7 .

May 25
Juno

Month.

Month.

M

6,916.'.'

.

Total

«•«.*

62.7 64,801,8 418.899,0 76,410,2'44.7T7!4 440.988.7

Total

BAXK8.

"

16.T»*«

6.000.0
1.000,0
1,000,0

460,0
900,0
700,0

Paoplea'

May

8.796.4

6,00O.0l 1,688,4

1,600.0

North mailoa.

St.

97.4

817,9
71,3
481.P

499,7

Paelflo

BspnbUo
Chatham

Jane

0D8TOM8 RECEIPTS.

TORK.

114.7
l.«8N,»

aallatin National.....
Bntehen' * DroTera'.

"

-.\:

EZrOKTS FROM

940.6

S xth NationaL

28.544,392
29,61V,048

Total....' St.709,274 158.129,253 219,83^,527

M9.a

;
SSrrruMiiMn'a.

Fifth NaUoual
Bank of the Metrop.

47,628,717
18,798,«88. 30,S5».290l 44.15».«5«

12,28»,5M

April

?4*.l
04.S
1,WU«.2

Mhaolo*'

fwloa

PhmUx

W«etem
Janaary, ..
Febrnarr

Tork.

KaahMttaOo

aanleld

Oeneral

"*>' Htat«>mMtforUMWMk«idlacJaM
Wt omit two ctphtn (00) iHtM^mmT

BAWB
4ir«f.

Tnlted Statea
Lincoln

1888.

General
MerchaTi-

Dry

'-'*'

OmtlnentaL

962
770!

411 other ooiintrles.

787

M follow!.

8. 188B, l«

16.382344

Total 23 weekt. $132,822,755 «134,140,089 • 130,443,842 • 152.826,842

KXPOKT9 AND IMPOSTS OV SPBCIB AT

^"'^

o :^o7

1887.

»7.078,3.l.'S

.

1
!

25....

Jnue

1 ...

"

«....

34.597 8

98,486,0

29,206,0
29.677.0
28,989,0

34.597, S: 98,601,0
34.497, 8 97,103.0

Wt omit tufo ciphere in alt theM Mqaree.
lolphia. the Item
due to other banka."

Anctlon Sales.

—The

Messrs. Adrian H.

100,193.0 2.093,0
IOI.l«l.<> 9.088.0

09.8I8.9
»8.a»4.a

08^0 73.767.4
BoMoa and fkUa*

100.338.0 2

* InclniUnc, for

following were sold at auctioa

MuUer

&

Son

by

:

Slutrt$.

Stioree.

4 Rural Homestead Co. ^10 p. »h. 200 LomyJuurn'lBew'cCo fS
American Water Works Company, of Omaha, have
20 FarguWat'rABtMWiCo 91M
5 Medanu Spring* Land &
listed this week on the New York Stock Exchange $1,000,000
10 Ueiman-Am. Real Ketate
CaillBC'o
50
00
Title Guar. Co
10 B.-rllnirfn Li. Ga» Lt.Co. 50
Under the same
first consoUdated 5 per cent gold bonds.
lONafl
8hoeA Leather Bk.153%
200
IIoriiHilv'rMln.Oo.yi
19p.sb.
mortgage the comi)any had previously listed |1,600,000 bonds
25 N. J. Pbonoffnph Co.... 40
25 Smith's Mantif Co.. 93 75 p. lb.
bearing 6 per cent interest. Tlie whole amount now outstand- 517 Fariu'i 8' Loan .VTr.Co. 600-604
Bond*.
91.300 Leblcta * Hud. R. R'y
15 Oeniinn .American Bk...l23
ing is $3,000,000, the interest charge on which is 8170,000. The
97««
On.9«.eerip
TradrnniflD's
..100
100
Nal'l
Bk
present net earnings of the projierty are now upward of $230,00
2 NewiKtit C'nalno... 9200 p. ab. 92,000 Orcgoo far. RR «•
000 per annum. Very fuU particulars were given in the ad
6
l85>4 |»l,lu0NeptuiMMlo'KCa.6a.
8 Irvli g lluuk
Im95,000 Jerwy Otr 7»,
23 Wcltliarli lucandra't GaavertLsement which apjjeared in the Chronicle of April 13th.
10,s%*1bV
I9»1
proTcroent.
ah.
I'f
N.
Llght
Co.
Y
*3
p.
when the bonds were offered for sale by Messrs. C. H. Venner
lOOU 94,000 N. O. P»c. R'jr Oo. 6*.
2 Second Ave. KK. Co
& Co., and further particulars may be found in the application S7'0,oo
L'd(ir'IA8luk'g»''d,l911. ISI«
Mcx. Oriental Inter93<>0(.uiiterC. uul7,Dak.,8«, _
to list made to the Stock Exchange, which is printed on a
oc-aiilc 6l International

— The

I
'

.

I

subsequent page of to-day's

issue.

—Attention is invited to the advertisement in to-day's issue
of the first mortgage 6 per cent bonds of the Louisville St.
Louis
Texas Railway. This road extends from Louisville,
Ky., to Henderson, 142 miles, through a rich belt of country
from 50 to 75 miles in width, which lias no other east and
west railroad. At both ends of the route the line has favorThe location of the property is shown
able connections.
in the map of the road published in the Investors' Supple-

&

ment.
Investors' Agencv, established in 1885, M. L. Scudder,
Jr.. Proprietor, 340 La Salle Street, Cliicago, announces that in
addition to making reixirts for clients on the affairs of railroad.s and other corixjrations, it will also handle for collection
defaulted bonds, uncurrent stocks and securities, and kindred
liabilities of corporations.

—The

card of Mr. H. A. Crosbv in last week's Chhomci.e,
in regard to Helena lands, should have read " to join with
present .^uhscribers," not subscriber.

—The

93

RR. Co

I

PundlDg, 1891

tS

9 N. Y. Produce Exeh. Bk.ll2Vt

g4ttlitnfl

WE

aad |?luauclal.

OFFER. SUBJECT TO SALE.

CITY OF(NEW.JERSEY CITY
JKR!4F.Vi

BONDS.

FIVE PER CENTS, DUE 19M.
SEVEN PER CEXTV, DUE li-Ol.
8EVE.V lER CENTS, DUE 1893.
SEVEN PER CENTS, DUE 1905.
For priott and further
4c

p*rtlrtil»r»

apply to

ST.WTOV,
COFFIN
BANKER',
13 BROADWAY, .NEW YORK.

:

.

.

THE CHRONICLE

788

The

JIxe gawlt^rs' (^tnztiU*

[Vol,

rates of leading bankers are as follows:

June

DIVIDENDSt
Tlie following dividends

Per

When

Cent.

Payable.

& Lynn

i

. .

313

4

[

•Cleveland Ar Mabon'g Val. (quar.)i
Lelilgh Valley (quar.)
|

Manhattan Elevated

(quar.)
Missouri Pacific (quar.)

1

2
S-'s

1^4

*l'a
1

New York & Harlem

[

Northern Central

4

OldColonv
Tyrone & Clearfield

1 June 16 to
June 29 June 7 to
20 June 30 to
'July
1 June 11 to
July l.'j June 12 to
July
1 June 18 to
June 15 June 22 to July
July
1 June 16 to July

July

July

I

3I3

July
July

_^....;

2^

June

3

151
30'

*

Payable in lend

WALL

1

Ot erings.

June 30
June 22
15 June 21
I

to July 15
to July 2
to July
1

certiflcate.s.

lSS9,-3 P. I»I.
Financial Situation.—The Stock
14,

The Money Market anil
Exchange continues to be the centre of interest in financial
Now that its transactions embrace dealings in petrooircles.
leum certificates, cotton oils, sugar trusts and lead trusts, the
Exchange reflects the situation in these leading articles of
commerce as well as in the numerous stocks and bonds which
represent the capitalization of railroads and other corporations,
and the Government, State and city debts. The extraordinary
strength here and there in special stocks or groups of stocks
has been the chief feature of the past week, and while the
general confidence in railroad securities shows no signs of

abatement, the most active dealings have been in these specialties.
The very considerable rise in stocks leads some operators to realize before leaving town for the summer, and also
suggests to others that there is less room for a fiu'ther rise
than there was a mouth ago.
Earnings keep up very well, and if the railroads can only
obtain fair prices for transportation of the crops this season,
their prospects would seem to be generally good.
There is a certain interest attaching to the prices paid on
the transfer of membersliips in the various Eschangcs in N_»w
York and other cities, and it appears that while the New York
Stock Exchange seats command higher fi ^ures than a year
ago, nearly all of the other Exchan <e memberships are iield
to be !es3 valuable than they were in" June, 1888. The following comparison shows the amounts paid on recent transfers,
<r the approximxte prices at which seats were hold at the
K'ates

named;
EXCHANGE

MEMBEItSlIlrS.

Jun'.
1S88.

J'ln',.

I'iSO.

New YoTk Stock Exchange
.'?20,000
New Yirk Consolidated .Stock and Petroleum....
950
New York Produce Exeiiange
1,150
New York Cotton Exebangp
970
New York CoU'e.' ExchjnBe
*7
New York Real Krtate E.icchange & Aae. Room.. 1,160
Boston Sock Kxchancfl
Philadelphia Stock Exchange.
Cliieago Board of Trade
*

.'}i22,OO0

700
1,100

700
"A:0
1,200
,000
*2,700
1,500

*11,000
-2,703
1,750

1

'

Nominal pi ice.

The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 3 jier cent,
and to-day the rates were the same. Prime commercial
paper is quoted at 3@4i^ per cent.
The Bank of England weekly statement on Thursday showed
again in specie of £348,000, and the percentage of reserve to
liabilities was 43'63. against 40-77 last week; the discount rate
remains unchanged at 2\4 per cent. The Bank of France
gained 19,735,000 francs in gold and lost 1,100,000 francs in
silver.

The following

shows the changes from the previous

table

week and a comparison with the two preceding
averages of the New York Clearing House banks
1889.

Junt

Diffr'ne'tfr'm
Prcv. Week.

years in the
:

1888.

Juh:

9.

1887.

June

11

$

Oapital

Surplus

Loans and

8.

dlsc'ts.

Specie
circulation
Net deposits
Legal tenders

I

I

[

Legal reserve
jKcserve held
Surplus reserve

..I

60.762,,700
60,762,700
54,801..800
50,881.500
113,829,,000 Inc. 2,071. -200 365.991,200 36.5,105 200
76.410,,200 Dec.3,993.400 88.703,000; 72.171 ,900
3,993. 100 Inc.
13.100
7,411.0001
8,267 .0110
440,285, 700 Dec 2,457,300 396..542,2(K) 370,965, ,MO0
44,717, 400 Dec
170,400 37,743,100i 24,989, 600
110,071, 425'Deo. 614,325 99,135..550 92,741, 4.50
121,127, 600 Dec.4,163,800 123,446,400 97,161, 500

11,056.175 Deo.3,549,475

',310,850:

—Business

95i4®95%

I

4:0i2«4058

|

in

4.420,050

Cents due 1881.

4 Per Cents due 1907.

Purch'es. Prices paid
*15,650

Monday

$16,850
7.000

Tuesday...,

219.8r.O

119,850

Wedn'sday.

40,000
32,000

40.0C0
32.000

106%

Thursday...
Friday

14S,';00

141 .TOO

106J<

483,000

362,000

Saturday

1

STREET, FRIDAY, Jane

4H Per

1 to

1.'5

I

1.5

....

June

1

itIiMeellancoiiN,

Amcr. Bell Telephone (quar.)
3& 6 ex July
Teuu. Coal In n & KR., prcf
4
jJuly
Western Union Telegraph (guar.).
IH July

4038n40''iij

95^a95%
Government bonds is
still very restricted at the Stock Exchange, and there is little
June 29 change in prices, tliough the market is strong. Tlie Treasury
July 21 purchases have been considerably below last week's total,
July 2
amounting to only 3407,400, most of these being 4}2S.
The statement for this week is as follows:
July I
Unit«d States Bonds.

Central BE. it Banking Co., Ga.
Chic. St. Paul Minn, ii Om., prefJ

Demand.

Sixty Dayt.

AniiJtcrdam (guilders)
Franltfort or Bremcu (reichmarks)

Bookt Oloted,
(Days inclutive.)

Railroads.
Boston Eevere Ecacl)

14.

Prime hankers' sterling bills on London..
4 88
4 89'2a4 90
..~
Prime commercial
4 86 84 86H\
Documentary commercial
4 85^2*4 86H|
Paris (francs)
5 17i2»5 16'tj5 155«S5 15

have recently heen announced

Name of Company,

XLVin.

Total.

..,

.

..

The closing

This

Is

lOOJi

$3,900

J

Prices pafet

2,000

189

1 ,000

42,500

iMH-ioeu

prices at the N. Y.

4I2S, 1891. ... ...reg.
4ias, 1891
.coup.
...reg.
48, 1907
.coup.
49, 1907
6s, cm'cy,'95. ...reg.
68, cur'cy,'90. . . .reg.
68, cur'cy,'07. ...reg.
69, cur'cy,'98. ...reg.
68, cur'cy,'99. ...reg.

OSerinQS. PurciCa.

Interest

June

Periods

8.

4S,400

45,400

Board have been as follows
June June
10.

June June

11.

12.

13.

:

June
14.

Q.-Meh. *106i2'*106i3''106i2'''106io'»106'-2-*106^
Q.-Mch. *io6i-2,'io6i2 *io6i2' loo'^s '100% noe^H
128^, 128 .•123 i^l28k 128%
Q.Jan "128
Q.-Jan 129 129 129
129:i8^129'4*129>a
.r.
& J. •118 118 118 118 '118 1*118
'121
121 *121 ,*121
J. & J. *121i3*121
124 124 *124 1*124
1*124
J. & J. •124
128 •12-* ^128 ,»128
J. & J. *128H*128
•130 130 130 131 131
J. & J. 130
.

1

the price bid at the moruing board

;

no

sole

was made.

—

State and Railroad Bonds. In State bonds there has been
more business than for some time past, quite a large number
of classes being dealt in, including Tennessee settlement 3s, Ss
and 63,Virginia 6s deferred. South (Jarolina non-f undable 6s, &c.
Railroad bonds have been only moderately active, but the
market presents a very healthy appearance. The general tone
continues strong, and the demand keeps up well. Qtiite a
number of bonds have been marked up, a few of the lowerpriced classes having also been relatively active, including
Denver & Rio Grande 4s and improvement its, Denver Western
Trust receipts, Atlantic & Pacific 4s and Missouri Kansas
Texas 53 and 63. Though less active than these, the Reading
bonds have all advanced, in sympathy with tlie advance in
Reading and other coal stocks.

&

—

Railroad and Miscellaneous Stocks. The strong and buoyant tone of the stock market bas continued during most of the
past week, and though there has been something of a reaction
from the highest point touched by some of the stocks, there
There has been a
is yet no real halt in tlie bull movement.
rather better feeling in regard to tlie Western rate situation
since St. Paul gave notice that it would abide by the decisions
of the Inter-State Railway Association in the matter of its
excess of the live-stock business from Kansas City. In the
coal trade there is said to be a prospect for a further advance
in prices, on account of lessened production and the belief on
the part of the coal companies' managers that they can now
obtain higher rates.
Earnings continue to show favorable results and money is
easv, notwitlistanding tlie large ex|)orts of gold lately, and
if ttei'e should be a considerable increase in the foreign takings
of our secuiities this ought to prevent or restrict further
shipments.
The speculation this week has been noticeable from the
number of special advances which have taken place. The
most- conspicuous group, perhaps, liave been the coal stocks,
all of which have had snarp advances on account of the prospects for higher prices and other bull rumors, Jersey Central
got up to 114, Delaware & Hudson to 148f^g, and Lackawanna
to 14673, though they have all reactel somewhat from the
highest. The grangers have been relatively less conspicuous
than they were, and in the early dealings declined a Uttle because the rate situation appeared less favorable.
New England came into great prominence late in the week,
and was rushed up sharply on Thursday, and again this morning,
with large sales, apparently on the belief that there was some
sort of deal ponding with the New Haven Company, which
might be consummated, since the latter had obtained legisLouisville
lative sanction for an increase of its stock.
Nashville was strong on the exceptionally good exhibit of
earnings, gross and net. Wabash preferred has been much
more active tlian Uiual, though its advance was not very
.

&

large.

The trust stocks must again be mentioned as a feature for
Exchange. The market for sterling exchange continues gi-eat activity, and Su^ar Trust has further advanced. There
very dull and featureless, and there is no change in the con- is little or no information available to outsiders in regard to
ditions.
There is a continued scarcity of commercial bills, these stocks, but they are certainly favorite subjects for specukeeping the market firm as to rates. There have been some lation at the time being.
foreign purchases of our stocks this week, but tliis has had no
To-d-.y, Friday, the market was active in the morning, with
appreciable effect on the exchange market, and to-day New England by far the most pro.uinent, selling up to 53^4
|4,000,000 of gold was engaged for shipment, chiefly to Paris. and back to 31'^ at the close.
In the afternoon the market
Posted rates remain unchanged at 4 88 and 4 893^34 90.
was dull and prices a trifle lower.

—

........

.

June

I

i

THE

16, 1869.1

STOCKS-PRICES AT

N. T.

CIIKOXK'LE.

789

STOCK EXCHANGE FOR WEEK E.NDINO

JVWE

AND »INCE SAX

14,

HIUOEST AND LOWEf'l
BTOCKS.

Saturday,

Active Kit. Slooka.
^nuta Fe

Atelil.Mvn Top.

.t;

Juno

8.

44%

45>a
8

.Ailinitic .(; I'lU'lllc
<'aiia(ltiut Pitoitlv
(

anaila SoMtlifi ii

(iiiinil of Now Jersey
( iiitial I'aeiUc
tUesaiifttk'! ifcO.— Vot.Tr.cort,
1)0
do l»t prof..

Do

do

2rt

prcf

. .

&

Qiiliicy.
Clilcntfii Biirlinirtou
t'liic'upo it Eastern Illinois

Do

prcf.

.

Chleaco Milwaukee & St. Paul.
D<i

Chieaeo

prof.
<fe

Northwestern

Do

prcf.

Chicago Rock Inland & Pacitic.
ChlcairoSt. Loul« & I'ltt-sbiUK.

Do
Chicago

pri-r.

St,

Paul Min

& Oui.

Do

.

pief.

1st pref.
2d prof.

& Terre Haute
Green Bay Winona & St. Paul.
Evan.sviile

11.

Jiino 1^.

44!%

433)1

4398

4Sli|i

7^8

Tag

45 ig

46<«

7«i

Tf,

lO.'jng

105^

-3.514

30

33
20

3419

OS's

Wodni'-

8

ai
01

55 »»

I

110

71%
1408

24^8
10»2
*74i2

1058

73
24'4 24 12
•93
96

6

Central

72

llOia'

72

j

97

97

<fc

.

.

.

Korf oik & Western

Do

72ifl

.

KortUern Pacific

Do

pref

Ohio & Mississippi
Oregon Short Line
Oregon A: Trans-Continental..
Peoria Decatur it Evansville.

•24

44"ii

7',

63 14 63%
83

20%

eo-in

HU'd

6((l4

33 14 34 14.

-SSI,

ao^

103i« 104
•42I4 4314
»Oiii
731.J

I

102%
•42'4

901.JI
741..

IM'h113

U

i^i^JoM
m
Mar.

.:

•

'

i
•

Alt

72'»

TJ\iy>.<n7

,,,.

:
;

4

110%lll»ii! iyoi;iio.\,
O"*'*

0»\

-ISS,

16%

4n
38% 40
S0% 30%

'Sfla.

1

rj

*

1 . 1

r.

jj"

»Ml4
-Li'J'

•

9S14

•

o..i.
39%

3H

36
99

1,11111

30%

3.'>o

.

•

Palk

»•

t

May
May 37

'

li:iVJnn*l3
74%Prb. 14
--ureb. 7
', Jane 13
Jane 7
Jnoa 13

I

I

,

.:

00

98

•97

98

97 14 90

98

108% 109% 109 IO9I4 109%
I714 17%
17% 17% 17%
71
37
28
70

71
38

28%
70%
46% 47%
18% I8I4
•8%

•33 14

9

71

72

3779

3779

28% 28%
70%
47% 48%
18
18%
878

33%

•24

23

28% 28%
70% 70%
47% 48%
18
18%

9%

9%

9k

33% 35%
17
54

35

36%

16

17

53%
29% 29%
67
67%
23% 23%

'52%

29%
67 14

23%
47
35
25

19

I

379

117
19

3%
113

6%

97 106 Fet).
,
X.Omi Ki Jan.
3,870 51'Jh Jnii.
49,210 99% .Mar.
1.900 9ii%J:ui.
38,170 .56>4Jnn.
450 37% Jan.
2,090 90 Jan.
2,590 84% .Mar.

115

19% I914
61% 60% 01
106% 107% 106% 10(3%
04% 05
71% 72% "76% "71%'
607,

44%

44

46

•100 101
100
9179 92%

•91% 93

•

94

46
100
"0379

117
4

•91%
116

117

11

10

3
11
11

4

i

;

10% 10% •10%
75% 7679 73% 76%
12% 13% 13% 13%

47

47

33%

3378

24

25

»

1

117%Jaa«

13

26

2<>

4

112

ft

May 88
May 38

107% June 12

I11

4
7'J%Juiicl2
49% Mar. 8

9<>% Mar.

4

7
3

109% Mar. 4
1(1
9'.j% Jane 12
600 51%Jau. 71 95 May 37
635 ei%JBn. 7 1177«UaT38
600
June 11
4
7 ftA. 7

i

I

1.04t>|

I

1.025

j

•97% 99
08
08
109% 10878 10879

8 14% Mar. 6
10' 14
Jan. 14
Mur. 29, 77 Jane 6
H J»n. 11' 13% Jane 14
817s Jau. 12 99 Jane 12
100% .Mar. 10 1 lo% Fell. 8
i«ii, May2i>
19% Feb. 4
67% .Ian. 3 7 Feb. 4
36 May 21 44%Flebi. 8
i>%Jan. 4 .'io%reb. 18
61 Jan. 4 71% Apr. 8C
411* Apr. 1 52% June I«
11%. Ian. 5 19X, Feb. 7
9% Feb. 12
7% Apr.
11

.May

10

June

04%

32.785
2.WIO

10078 109%
18
187e

•70% 73
3S% 30

70I4

06

579

116

May

Juaa 1
JiUM 1
^> % Jaae 14
86 Jan. 30 U7 Mar. 4
460
4% Jan. 3 7%ralk 8

I

96

A

Jnaa 7
Jaaa 8
Mar 97

n*.

1

1

I

!

May i*

4

.1.1

1.7.S7

86
99

rrb. II
Jiiae

•

17

.'.^

Jan. 16

.May 24

!•

73
15

'

43

9

7
Jaaa s

:!••'.

•

mii4

Jua* 13
Jan. 16

'a

l.ltX)

'141% UHHi

%

Jam.

JMt. 14
JulMt •
\ ¥->.
•

30lg
0O<«
»4i«
1031,

8,291

18% 18% 18% 5,8.55
430
71% 71% 71%
38% •37% 38%, l,2'i5
11,395
28% 28% 28%
050
70% 68% 68%.,
48
51% 30% 32% 202,535
1779 1779
17% 17% 3,343
4,335
9% 0%
30% .Mar.
34% 35% 34
34% 9,S7o
16%l
225 11% Mar.
16%
•16
16%
•33
200 47% Mur.
33%j 52
3279;
2879 20
28% 28791 5,410 25 Jan.
60% 67% 66% 6679 26,078 5>*% .Mar.
0,931 19% Mar.
23% 23% 23% 24
47
47% 47% 48%; 1.310 39 Apr.
3279 33%
88%' 7,7iOi 3<l%.lau.
33
22 Jan.
25
23% 24%
47% 48% 472 4S 203,170 42% Mar.
22% Jan.
26
25% ao
23%
25% 2579
84
84% esij 83^! 1,100 76 Jan.
71%
38%
28%
70%

I

45%
45% 46% 46% 47% 47% 48%
25% 2578 25% 2573 25% 2579,l 25% 26
Do
pref. 83% 84% 82% 84%
84
84%; ^84
85
EomeWatcrtown&Ogdensb'g *103 104
103% 103% 103% 103% *103 105
''103
10.5
^2i,
29%i 2H% 29
Bt. Louis & San Francisco
28%'
28%
29
29% 29% 30
29% ^2i.
28% 29
6OI9 601-2
Do
01' 61%'
prof.'
60
60% 60% 61%! 61% 61% 81
61
Do
l8tpref.*112 114
111 111
112 112 •112 114
112 114 .112 114
•34
"34
33 37
Bt. Pavil & Duluth
31
36
36% -35
37
37
36
83 g8 •83 90 .85 38
Do
*84
84
pref
88
8S
88
83
90
Bt,Paul Minnap. ic Manitoba. I0212 103ia '102 103% 102% 103% 102%t0a% 102% 102%' 102 102%
Texas it Pacitic
21"8 22
2178 22 14
22% 21% 21%l 21% 2*.'
22% 22% 22
L'uiouPaciac
62% 6313 62% 63%| 63% 63% 0278 63% 62% 63
62% 63%
Wabash St. Louls&Paclflc.i 16
16% 16% 1679] 16% 1«78 16% 16%i 13% 16
16% 16
Do
30%; 20
80% 30
pref.'
2912 3014
29% 30%! 2979 30%! 30
30
7079 7079! 70% 71
Wheeling & Lake Erie, pref.
70
70% 6914 70%| 70
70%| 70% 71
iniMeellaiipoiiN Stocks.
Chicairo G.as Trust
60%: 60% 61% 60% 61% 50% 60% 30% 60
60% 61%' x.i9
Colorado Co a Kt Iron
2S% 28% 28% 28% 28% 28% 29
26
20
26% 26%' 27
Consolidated Gas Co
„.
88% 88% 88% 88%: 88% 88%j 88% 88% 88% 88% 87%
88%
Delaware it Hudson Canal.
14278 14314 143 14-1% 144% 147%' 147 148% 146% 147% 140 147%
•33
52
37
Oregon Improvement Co.
55
65
-.55
55
55
53% 53% 55
37
"90
•00
90 93
05
Do
95
95
90 03
eo
prcf.
93
93
"07
08
Oregon R'y & Navigation Co.' 97% 98% 98
98
09
97% O8I4: 98
97% 07%
33% 33
3314' 33
Pacific Mail
33% 35
35
35
35
35
Piillniau Palace Car Co
187% 188 1189 189% 188% 180
18978 18978 188 188
188 188
Western Union Telegraph....
88% 88% 88% 87'g 88%
87% 88%' 87% 88%! 8778 88% 88
Phila.it Read. Vot. Trust. Cert.
KichmondifeWest P't Terminal

7l>

7Si

30%
-

3014

um.

nickMt

66
36 <4
iai>%ltOit

112
30

111

4n%

T««

M\

67

LawMit.

.1.

24

25
46

4314

•7>a

I,

Waafe,

I

•15% 16% •15
•13
17
•32% 53% 52% 54
52%
29 14 29% 29% 29%
29
66% 07% 66% 6714 67
22% 227; 2278 23 14 23
•47
48
4678
35 14 35 14
33

pref

rHda*.
June 1 4.

11014IU

14

Kew York Cculral & Hudson. 108 14 108 '4
Kew York Chic. St. Louis.
I714 I7I4
Do
Lstpref. 70
71%!
Do
2d pref. 36I4 SO'a
Kew York Lake Erie & West'n 27'8 28
Do
pref.
New Y'ork & Xew England.
46% 47 14
Kew Y'ork Ontario <k West
18
18%
Kew Y'ork Susquehan. &. West.
8% 8%
Do
pref.
33% 33%

IS.

00
00
Hll
iui4iia%i 112% 113% 112% 11314 13.335 91 '-,..1411.
3,OIMI 5."i% .Ian.
73 14 72% 72%
721a 73:19! 73
4
14%- 14% 1414
1 1%
1514
15% 15% 15% 13% 2,<'.i
i.liiij,
,
,,^,
14308 1441a ll43ellHSB' 116isl467e 143% 140% 14.3%146%|1<'<^
•17
*17ie 17M 171a 18
18
IH
18
17%'
17%
48% 48% 48% 48% 49% 60
•40V 3f
487g 4879
23
24 14 25
23
2414 23%
24% 25
24% 23%l 3,i>i>:i i:<
10'4 lOis
10% 10% Id's lO's 10'8 11
6,393
8%.
107, 11
74
75 76
75»a •74% 70
700 63
73
75
73
75
24ti 2414
24% 24% 21=8 2478 24% 23% 25% 23% 6,22», 20 Apr. 21
•93
93
93
90
-03
110

•1151a
I914
61

Kashv. Chattanooga* St.Louia

44%
•ftfl

i

5% 6% 5% 6I4
6%
5% 6
117>s,m5 117
113 117% 116 118
Lake Erie & Western
19% 19
19% 19% IOI4 1914 I914
Do
prof
em! 60% 61 '4 61% 01% 6078 BII4
Lake shore & Jfich. Southern. look's IO6I4! 103% 107% 106% 107% 107 107%
Louff Island
94
95
94
94% 94% 94% '94
95
lx>uisville * Xasli ville
70% 701a' 69^8 70% 70% 70% 70% 72>4
Loulii. Xew Alt). & Chicago ...
•42
42 43 42 45
45
44% 45
Manhattan Elevated, consol.. 100 100
9978 99'8 IIK) 100% KM) 100%
90I3 90%
M ichiitau Central
91% 91%l 01
91
92% 02%
Milwaukee Lake Sh. & West.
•90
93
91
92%
93
03
Do
prof. 115
117
110% 116% 116% 116%! 116% 117
•4
"4
Minneapolis & St. Louis
4I4
514
4
4
Do
pref. 10
11%
11
12
lO 12
Missouri Kansas & Texas
10
1014
10% 10% 10% 10%
Missoxiri Pacitic
75% 7014 75 14 76
7379 76%
76
7678
11 12
Mobile ct Ohio
12
12
12
12
12% 13
Illinois

Juun

63% SS% *35% MH
33 U 33:^ 33:% SS%

1081s IO8I9IIU
llia«114
3314 •35
831a •3514 SSI*
ao'«
201V, 2 m.
20is ill
6OI4 01
(JO'i
00>ti 6OS1
110% 60%
33
'30
34
33
33
33
38
103 103»« 10219103%; 103M()4% 103% 1041%
4213 43
'4218 42% •4214 43
••I214 43i«
*98'3 9913 *9Si9 9914 *aHia inn,
U9
09 >«
73'4 73»8
7208 7314
73% 73% ...3»8„ 74i«
.,.
113 110
115M 1151.1: Ii5>8ii5i8 ll,-)lI^^.^I.J
--"-••'''''
11314113^ 112% llSij. 11014114
11014
114
UO-sUl'V
143%143%*142i3l44
142 1.13%j 1 I2ia 14214
98 14 99ls
"""^ """^
?,1^ ?2''!
-ir>ia 17
1038 16H»
161.J loiji 'l.-,ia
17
'SSia 39%
39 18 301* 39
'30
39141 '39
SO-li
89%
33
33
3.1'a 3513
35 14! 30 1« 86^8
33
99 100 •98 100
9912 99I4"
og>4

20

Delaware Luckawauna &West 143% 144>4
Denver & Rio G., assessm't pd. 17«g 1708
Do
pref. "48
49

Do
Do

Juno

54%
103%

Cinclu. IiKl. St. l.ouii» & Chic.
109
Clcvclaiul ('ol.Cin.vtlndlanap. X713s
Coliiuitms 1 locking Val.&Tol.
14^

Dcnv. Tex. & Ft. W., Vot. cert.
Hast Tennessee Va. & Ga

TUMtdny,

7%

im.

ofSa

Monday,
June 10.

lH>m.

I.

314 93

I

3.450 19
1,'13 33
133 104

i

I

I

\

800,

'

I

!

'

29%
82

Jan.
Apr.

Mar.
Mar.
Apr.

May

H

IX

11

.53% May 8
30^ Jane 1
68% Jane S

5
16,

2:1

'

i

3,fll0

87,747
2,260:

1

Feb. 11

Mar.

.50
Jan. 16
26 27% Feb. IS
26 81% Jane 7
3 1U4 Jane 18
1
30 Jane 12
19 667aJan. 3
It 114% Jan. 13
11 40% Jan. 14
10 95% Jan. 18
1

>5

Jan.

"

"

1
14
4

•

II

i.i-.MnielO

i>

59% Jan.

1.

Frh.

•

"IS June 7

"

7

50,360 34

Jan. 1'
Apr. 1:
1,825 21
2,755 KO%.la'i.
7,977 130 M

'

i

6

64 1.1 .May 17

12% .Ian.
24

1

2H%Feb. 13

21
29

-'

I

Feb.

34
38

191
2;!'

2,080 92 Apr. 17
6.4C3 17% Mar. 137,739 5->% Mar.

I

35% Jane IS

Ill

23

U

•-'

'

400 42 sj
12 73

I

\
.\

i

Adams

I

American
United States
WeUs, Fargo & Co

1

130

New

Y'ork

&

Northeru, prof..'
Western, pref

Pittsburg tk
Quicksilver Mining Co

'

I

1*149
I

;

145

|

143

143

1*142

132
117

158
115 117
90% 91
144 144

l'I48

01
145

I

148
113% 110
00% 01
145 143
148

89
87% 88
89
89
81%' •31
31% •81% 81% •31% 81% •31%
•14
13
14% 14% •14
18
16
16
95
95% 03% •95%
96% 95% 96% 03
'253
260
260
2.50
260
230
233
260
22
33
28 %i 23
22% 23%> 22
•42
•4:
43
43
42%
44
42
43% 43%
7%' •7
•6%
6%
7% •6% 7%
'0% 7%

American Tel. & Cable Co
89
*31
Kingston* Pembroke
Marquette Hough. <t Onton..l '•14
Do
do
pref..' *95
New Y'ork New Har. & Hart. '250
'

151

1II6 117% 113>4 115% '113
90
92
90
02% 93

i*142

Inactive Stoekn.

llO

150

I

I

|

38

38% 38% •38% 39%

Do
pref...
Rich, it Allegh'nv, Drexel reo. *10
St. Louis Alton ATcrre Haute.'
47%

39%

30%

•38

•38

143

\

31
•14

16
;

43%
6%
39%

•18

j

264

It

>\

«

.

4
I

230 80%Jan.
100 27 Jan.

230

•19
t>i%

3 89%Jaaa 7

204

0%

I

30%
30%
4«%

.

t.

.

•

|

'

I

8

Feb. 13
» Apr. 9
2<>%June 1
.V>% Feb. 6
....

I

I

ft

11

May

6%
39

9

4 83 Jnae •
Apr. I» 16 May 90
830 87 Feb. 8 07 May 19
3»ft24mJ»n. 7 2«3 Jnae 13
,....,,
..
.....
,.
'I'-Juiieio

31
16

96% •95% 06%
263
23

7

.1

Jail.

KCI 109 Jan. Ill ."•* Jiiii«
871 73%JBa. 4 95%JaM
08 134 Jan. 19 143 Ja

143

•87% 89

31%

.\

180 144% Jon.

149% 140%
115 116%
01% 01%

10
10% 19%
20
10% 19%, 10
4-7^
49% 11
47% 48% 48% 4878, 48
34% H!'
34
32% 33%' 33
Southern Pacitic Co
32% 33
•28i4
28%
29
28
28% 29
Tol. Ann Arbor <tN.M
2914
*
31% 32%
31
31
31
Cameron Iron & Coal
32
V -lo'i
39% 39% 39% 39% 40.>
Tennessee Coal & Iron
38% 30% 39
101% 103% 103% 103%
100% 100%, 09 101
100
Do
prof... 100
TarlaiiB8(ocka, dec. (Unl Isted.)
r"
Bugar Refineries fo
103% 103% 104 107%! 107% 109% 10019110% 109730%' 29',.
National U-ad Trust
28% 29% 20% 30% 29% 30% 30
American Cotton Oil Trust. ..' 59% 39% 58% 50% 58% 59% 58% 69% Sm^
a'Jik,
h3i«
Pine t.iiiH Ce-'i'i'-ntesS
82% 83%' 83% 84% >'3% 8t% 8.3% si
21
4779

1,026 s7}
2.175 31 '4
2,102 ;171
13,956 83

I

% Jnne 13
May 7
Apr. 28
<Mar. 8
Fefc 18
.

I

;i;i

1

092

03

Jau.

4

tv3

j

..,.,,

|

!

X-iese are the prices bid

and asked ; no

sale

was ma-le at the Board.

.

t

Cash

sale.

;

JbmIS
'
Jnae

'"-J

.4.i,>,J

SIl K

Ex-rlgbta.

.^fbb. 8«

/.

$

1

'.iTlOead.

.

..

THE CHRONICLE,

790
BONDS

'

—

LATEST PRICES OF ACTITE BONDS AT

N. Y.

liange Since Jan.

Closing,

& Pac—W. D. iuc, 6*, 1910
Guar., 48, 1937

19
80

Atl.

5.s,

'

19^8
76>2

'

17

Apr

70ia June

'

illli^b. IO6I2 Jan.

99%

GSi^Jan.
10412b. 103
Feb.
121 b. 120 Jan.
12712b. 12.5 Jan.
II514 ilOOSgJan.

Central of N. ,7.— 1st, 78, 1890
Consol. 7s, 1899
Convert. 78, 1902

GO'S

lOiJfib.

..

]

124
128 b.
113
General mort., 5s, 1987
118%b.
llSiflb. II512 Jan.
1909,as'nt
I>el).&W.B..con.7e,
Am. Dock & Imp., on, 1921 ... 112i2b. 112 b. 108 Jan.
ill8'4b.:ll3i4Feb.
1898..
CentialPac-ittc— Goiaos,
il0134 Apr.
103
Land crant 6s, 1890
107 b
jlOoisApr.
MortKaKe 68, 1936
Ches. & Ohio.— Mort. 6s, 1911.. 118 b. 118i4b.'ll3i4 Jan.
98i4
98I4
|94 Feb.
l8t consol. 53, 1939
llliab. lll'ga.lO? Jan.
Ches. O. & 80. W.— 6s, 1911
98 Jan.
Chic. Burl. cS: No.— l8t, 5s, 1926
|133i2b. 131
Jan.
Chic. Burl. & Q.— Con. 7, 1903.. 134
106
10o%b.
102% May
Debenture 5s, 1913
9212 J'eb.
DenverDivislon, 4a, 1922 .... 96
94 b.' 91''8Jan.
Nebraska E.\ten9ion 43, 1927. 941^
|118 Jan.
Chic. &;E. lU.— lst,s.J.,69,1907 U9 b. 119
121i2b.;118
b.
122
Jan,
Consol. 6s, 1934
General consol. 1st, 5s, 1937.. 10312b. 103
97 Jan.
83 Feb.
Chic. Gas. L.&C.—l8t,g,.5s,1937 100 b. 10038
10314b.! 99
Jan.
Chic. &Ind. Coal R.,1.3t, 5a, 1936 I04I2
Chic. Mil. & St. P.— Con. 78, 1905 129 b, 12914b. 12212 Jan.
113
Jan.
1I12
Ist, Southwest Div.—68, 1909
Jan.
Ist, 80. Min. Div.— 6s, 1910... 116 b, iiaiib.'lio
108 >2 103 Jan.
Ist, CU.& Pac.W.Div.— 5s,1921 IO8I2
loo'e
106 b. 99 Jan.
Wis. & Minn. Div.— 5s, 1921
10012b. I06i4b.ll00 Jan.
Terminal 58,1914
;143i2b. 143% Jan
Chic. & N. W.— Consol. 73, 1915. 146
130
130 b.il29i2Jan.
Gold, 78, 1902
122% 119 b. 119 Jan.
Blnkiug fund 6s, 1929
Ill b. Ill b.'108i2Jan.
Sinking fund 58, 1929
Sinking fund debent. 5s, 1933 113'8b.ill3''|jb.'l09 Jan.
11O8I2 1105 Jan.
25-year debenture 5s, 1909...
100 b.l
Extention 4s, 1926
98 Jan.
98%
95 Mcli,
Chic. Peo. * St. L.— GUI. .53, 1928 98%
Chic. K.I. &Pa«.—«s,coup., 1917 138 a. 13714b. 13II4 McU,
108% 10713 Il04'i8.^an.
Extension & col. 5s, 1934
Chic.St. P.M. &0.— Con.6.a,1930 122 b.!l21iab. II9I2 Jan.
Ch.8t.L.& Pitt.— l3t,con.5s,1932 99 a. 99 a.' 96 Apr,
92i3.Ian.
99
Cleve. cfe Canton— l8t, os, 1917.1 98I4
Jan.
C. C. C. & I.— Cou3ol. 78, 1914. 132 b. 132 h.'l30
120
120
General 69, 1934
1112 Jan.
Col. Coal & Iron— 1st 6s, 1900..' 98%
98
93=8 Apr.
72
Col. H.Val. &T0I.—Con. Ss, 1931 70
70 May
60 b. 66 a. 64 June
General gold, 69, 1904
'118=8 May
Denver & Rio Gr.— 1st, 79, 1900 120iaa.
82%
82
Ist cottsol. 4s, 1936
75 Jan.
84i2Jan.
Denv. & K. G. W.— 1st, 6s, 1911.'
92 '4
Assented
73% Jan.
911a
Denv. S. Pk. & Pac.— l8t,79, 1905 90i2b. 9012b. 81 Jan.
Det. B. C. & Alp.— l9t.g.,63, 1913 109 a.
103 Jan.
Det.Mac. & M.— Ld.Kr.3i2s, 1911 37
35 b.' 34 Jstn.
Dul. & Iron Range— Ist, 5s, 1937 101 '4l>. 100%b.l go's Jan.
E. Tenn. V. & (ji.— Con., 53, 1956 107 b. 107
1102 Jan.
EUz. Lex. & Big San.— 6s, 1902. 104% |104i2
99 Jan.
Erie— Ist, consol. gold, 7s, 192014114a. 141 b.'l37 Mch.
Ill
LongDock, 73, 1893
'110% Jan.
'120 b.!
'118
Consol. 6s, 1935
Apr.
N.Y.L.E.4:W.— 2dcon.68,1969 104
llOSHib.' 98
.Ian.
1st, 6.3, 1921 97%
97%
Ft. W. & Denv.
90 Jan.
Gal.H.&8anAnt.-W.Div.l8t,38'
92% May
Gr.B.W.&St.P.- 2dinc. 8.S, 1911 17 b. 18 b. 18 Jan.
I

1

I

,

. .

I

I

.

'

1

I

I

1

C—

i

I

!

GulfCol.&San.Fe— lst,7s,1909 112'4b. 112%
74 b.
Gold,6s,1923
Han. At St. Jos.—Con3. Oa, 1911. 121 12b.
Int.&Gt.No.— l8t,63,gold, 1919 104%!).
6312b.
Coupon,68, 1909
Kentucky Cent.— Gold 4, 1987.. 84%
<&0.—
Knoxv.
1st, 6.3, gold, 1925,
L. Erie & West.— Ist, g., 5s, 19371113 b.
Lake Shore.-Con.cp.,lst,7s,190O

10612 Jan.

75%
70 Apr.
121 12b. 1204 Jan.

'

'

I1OOI2 Apr.

I0414
,

6312b.

62

85%a.'

71%

May

Jan.
Ill b.'lOl Jan.
112'8a. 107 Jan.
128%b.' 12514 Jan.

Consol. coup., 2d, 79, 1903

127
il24 Jiin.
Long Island— 1st, eon., 53, 1931116 b. 117 a. II414 Jan.
General mort., 4,3, 1938
HOI
98 b.' 92%Jan.
Louisv. &N.ashv.— Con.,7s,1898 119 b. 119%b.'ll7% Apr.
,114%h. 114%b.'ll6 Jan.
E. H. &N.— Ist, 6s, 1919
I114%b. 114%b.'ll2 Jan.
General, 6s, 1930
'115 a. 115 a.Il09%Jan.
Trust Bonds, 6s, 1922
1104 b. 104 b.ll01%Jan.
10-40,63,1924
"
104
50-vcar 58. 1937
103
98 Jan.
96I4 Jan.
Collat. trust 5s, 1931
'101%b. 100
Louis. N. A. cfcCh.— l8t, Os, 1910 120 b. 120
II214 Jan.
Consol., gold, 6s, 1916
103% 103%
93 Jan.
Mem. & Char.—63, gold, 1924. 1108 b. 108
102% Jan.
Metro. Elevated— 1st, 63, 1908.. '118 b. 118
Ill's Jan.
2d, 6s, 1899
1108% ;108
106 Jan.
Mieh. Cent.— 1st, con., 73, 1902.
'130
13014 May
'

1
1

1

. .

Consol., 5s,1902
Mil. Lake Sh. & W.— 1st, 6s,

Ill

'

Jan.

1921 I2514 il22%b.'llS% Jan.
103''8b. 10358b. 92% Jan.
1907

L., 6s,

106% Jan.

1910. 10712b. 107%!).

E.\tension, 1st, 6s, 1913
105%b. 105%b 110514
Minn. & St. Louis— 1st, 7s, 1927 94%b. 92%b.' 90
Wo. Kan. & Tex.— Con., 68, 1920 62%
53
60%
56I4
Consol., 58, 1920
57
50%

Jan.
Jan.
Apr.
Apr.
Con90l., 78, 1904-5-6
94 14
93%
87% Mch,
Mo. Pacitic— Ist, con., 69, 1920.1111 b. 112
__ b. 110% Jan.
3d, 79, 1906
1116% Jan.
Pac of Mo.— 1st, ext., 48, 19381101%b. 102
97% Jan.
2d mort., 73, 1891
104 b. 105 b.'lOl Jan.
Mobile & Ohio—New, 68, 1927.. 114 b. 113%b.'112% Feb.
General mort., 48, 1938.
55
'53
41% Jan.
1

'

1

|

]

J

Note.—The letter "a"

J'ne li Ji„e

Highest.

Lowest.

1908 lll^i

2d,58,1913

5s,

1,

1889.

Range Since Jan.

Closing.

1.

Railroad Bonds.
V'..el4 Jtrne

Conv. debenture,
Mllw. & North.— M.

XLVm.

STOCK EXCHANGE, ANB RANGE SINCE JAN.

1.

Eailhoad Bonds.

Can. South.— 1st gum.,

[Vol.

22%

1.

L^mcsf.

Highttl.

Mutual Un. Tel.— B. f., 6s, 1911. Il0258b. 10258b.' 99 Jan.
Nash. Ch. &St. L.— 1st, 7s, 1913|13« b. 136 b.l29 Jan.
'106
1106
Consol. 5s, 1938
98% Jan.
100 May N. Y. Central—Extend., 59, 1893 105 '8 105ia !l04 May
106i2Jan.
N.Y.C.in.—l8t,cp.,7s,1903|137i2b. 13712b. 1.33 Jan.
124i2Jiine
115
Debenture, 5a, 1904
jlll
Jan.
128i4Apr.
131 a. 129 May
N. Y. &Harlera— Ist, 7s, 1900;..
96i2
I1512 June N.Y-. Chic. & St. L.—l9t, 4s, 1937 97%
gi^sJa-i.
120i2May N. Y'. Elevated— Ist, 7s, 1906... 12014b- 120% 116 Jan.
13812
113 May N. Y. Lack. & W.— 1st, 6s, 1921.
13112 .Ian.
IISI2 June
lloHti. llli4Feb.
Construction, 5.S, 1923
105 12 Feb. N. Y. *North'n— Ist, 5s, 1927..I
107 Apr.
108% Mch. N. Y. Out. & W.— Ist, 6.s, 1914..!112%b. 112%b. 110I2 Mch.
ai838Jiiuc N.Y.Sns.&W.- I8tref.,.5s,1937il01i2 !101i2
94 Jan.
Midlandof N. J.— l9t,6s, 1910 117 b. 11714b. 11414 i^pr.
98% May
"
112 June Norfolk & West.— Gen., 6s, 193i:i20i8b. 120i8b.iH7i4 Jan.
103i4May
|119% iH5i2Jan.
North. Pac.— 1st, ooup., 6.3, 19211120
"
1114 b. Ilii2b.;ii2 Jan.
134 May
General, 2rt, coup., 1933
106i2a.
10578b. 97% Jan.
106 Jan.
General, 3d, coup. 6s, 1937
110
9612 May No. Pac. Ter. Co.— 1st, 63, 1933.
103% Jan.
72i2b. 64% Jan.
95 '>8 Apr. Ohio lud. & West.- 1st, 5s, 1938 72
119i4Jan. Ohio & Miss.- Consol., 7s, 1898. 120%a. 120% 115 Jan.
126
12414 Mcb.
2d, consol., 79, 1911
118% Apr.
IO412 Feb. Ohio Southern— 1st, 6s, 1921 ... llOia il09 b. 103 Jan.
50i2b- 44% Jan.
101 May
2d, income, 6s, 192 1
105 Feb. Omaha & St. L.— Ist, 4s, 1937.. 78i2b.* 79
71% Jan.
I29I2 Juno Oregon Imp. Co.— 1st, 63, 1910.1103% ,102i4
102 Feb.
116 June Ore. K. &Nav. Co.— Ist, 68, 1909!ll3%b.'113% 110 Jan.
103%b, 102 Jan.
Il04
Consol., 53, 1925
115% Mav
108% Julie Oregon&Tran.scon'l— lis, 1922.110514 1105% 101% Jan.
HI b. 100 '8 Jan.
b.
lOG'^s June Penn. Co.— 4%3, coupon, 1921 .111
100% May Peo. Dec. & Evans.— lst,63, 1920 108 b.
104% Feb.
b. 102% .Ian.
106
106 b.
147 Jan.
Evansv. Div.— Ist, 68, 1920.
^
74%a.' 73 b. 66- Jan.
133 May
2d mort., 5s, 1927
93%
123 Apr. Phila. &Kead.— Gen. 4s, 1938..I 94i4
SSSe Jan.
112 June
Ist pref. income 59, 1958
83 b. 82
80% Mch.
67 b. 66% May
08%
114 June
2d pref. income 59, 1958
55%b. 53 %b. 52 % May
109 Apr.
3d pref. income 5s, 1958
76I4 Jan.
87%
1IO414 BV'b.
Pittsb. & West.- Ist, g., 49, 1917 87 14
66=8
98% May Rich. & All.— l9t,79, Drexelcert. 68%
58 Jan.
137 May
2d mort., 69, 1916, Drexel cert. 34 b. 33%
26 Jan.
108% June Rich. & Danv.— Con., 6.s, 1915 ..
114 Jan.
93%b, 86 Jan.
94
,124% May
Cou301. gold, 5s, 1936
Feb. Rich.& W. P. Ter. —Trust 6s, 1897 102% 1102%
;i00
96 Feb.
99 June Roch. & Pittsb.- Con. 63, 1922.. 114%b.ll4 b.'iis Jan.
_
10t>%b. ioii% June
135 Apr. Rome Wat. & Ogd.— Ist, 79, 1891
120 May
Consol., extended, 5s, 1922... lll%a. 111%
108% Apr.
il05%b. 104 Jan.
105 Jaii. St. Jo3. & Gr. I3l.— 1st, 6.3, 1925 106
87% Feb St. L. Alt. & T. H.— 1st, 7s, 18941114 b. 114 b. 112% Jan.
'112% !112
87 Feb.
2d, mort., pref., 7s, 1894
105% Feb.
I2214 Apr.
2d, mort., income. 7s, 1891 .-.U06%b. 105 b. 104% Jan.
83
82% Mav St. L. Ark. & Tex.— Ist, 63, 1936 82%
79 May
30 a.' 29
102 .Mch.
2 1,63,1936
2 ) May
106 '4 Feb.
93% June St. L. & Iron .Mt.— 1st, 78, 1892.1103%b.:109
il09 b. 107%
2d mort., 7.3. 1897
94% May
105 Jam.
Cairo & Fulton- Ist, 78, 1891. '104%b. 104%
108% Fel).
102 Jan.
40 Feb.
CairoArk. &Tex.— l8t,7s,1897;103%h. 103
103 Ji.ne
104 Feb.
Gen. U'y Aland gr., 5s, 1931.1 85 b. 86
81 Jan.
116 Jan.
108% May St. L. & San Fr.— Bs, CI. A, 1906 117 b. 117
Ill7 b. 118
106 Feb.
6s, Class B, 1906
115% Jan.
1117 b. 117
141^8 Feb.
6a, Cla.3s C, 1906
115% Jan.
1121 b. 121
General mort., 6.9, 1931
114 Mav
115% Jan.
|100%b. 106%b. 101 14 Jan.
123 Feb.
General mort., 5a, 1931
120
a
M.
&
.M.—
Dak.E.xt.,
107% May 8. P.
6s, 1910
118 Jan.
112078b. 120%b. 115% Jan.
101 May
Ist cou.301., 6s, 1933
10314b, 103 0. 98I4 Jan.
reduced to 4%s
95^8 Mch.
Do
100 a 99 %b. 90 '4 Feb.
Collateral trust, 5s, 1898
25 Feb.
89%b. 8314 Jan.
90
Moutana Ext. Ist, 49, 1937
IK) Feb.
87% Jan. Shen. Val.— 1st, 78, 1909, Tr. rec 95 b. 95 b. 87% Apr.
%b. 31 Jan.
38
39
b,
General 6.3, 1921, Trust roc...
124 Feb.
109% Jan. South Carolbia— l8t, 6s, 1920... 93 b. 95 b. 90 Jan.
%a. 47 Jan.
55
2d, 6s, 1931
74% .Ian.
6 D.
83%,Iune
Income, 63, 1931
5% Jan.
106%b.|i05%Jan
111 June So. I'ac., Adz.— 1st, 63, 1909-10,
May So. Pac, Cal.— 1st, 6.3, 1905-12., 115%b
:113
114 Jan.
107 b. 105% Jan.
130 May So. Pac, N. M.— 1st, 6s, 1911 ...
130I4 May Tenn.C. I. &Bv.—Ten.D.,lst,6s 94 %b. 94%
89 Jan.
97%
Birm. Div., 1.3t, 6s, 1917
98
117% May
89 Jan.
9014
'IO214 May Tex. & Pac— 1st, gold, 53, 2000| 89%
85% Meh.
38%
38%
121% Meh
2d, gold, income, 5s, 2000
31 Mch.
II8I4 Mav Tol. a: a. & N. M.— l.st, 63, 1924! 105
104
99 Mch.
118i4Mav Tol. A. A.&Gr. Tr.— lst,6s, 1921
110 b. _103_ .Ian.
115% May Tol. & Ohio Cent.— 1st, .5s, 1935 103% 103%b.jloi Jan.
106 Apr. Tol. Peo. & West.— 1st, 4,3, 1917..! 80 b. 78%b. 74 Ai>r.
92% Jan.
1105% Apr. Tol.St.L.&Kan.C— l9t,6.3,1916 102% 102%
|104% Apr. UnionPaciflc-lst, 6s, 1899 ....'119 b. 119i4b.lll5 Jan.
I117%b. 117% |ll0i4Meh.
'121% May
Sinking fund, 83, 1893
104 June
Kansas Pacitic— 1st, 6s, 1895 .illlUb. HlUb. 110% Apr.
!l09%b. 109%b.:109% Jan.
109 June
Ist, 6s, 1896
DenverDiv.— 68, 1899
114 b. 114 b.;il2%May
118 June
!115i4
115 b.!ll2 Jan.
Ist con.3oU 6s, 1919
111% May
b. Ill
Oreg. Short Line— 1st, 6s, 1922 11478
Feb.
1133% Met.
89
114 May Virginia Mid.— Gen. m., 5s, 1936 88
78% Jan.
Apr.
'I2514 June Wab.et.L. <fcP.— Gen.,63,Tr.recl 50 a. 46 b. 37
104 Mav
Chicago Div.— 5s, 1 910, Tr.rec: 102%b. 102=8
88% Jiin.
Wabash— M., 78, 1909, Tr. rec.
100%
1111
Apr.
86 Jan.
'109% Mch.
Tol. & W.— 1st, ext., 78, Tr. rec! 102=8b. 10214b. 89% .Ian.
lst,St.L.Div.,78,1889,Tr.rec 103 a. 10214b. 93% Feb.
92 Feb.
102%
62 % ,Iune
2d, extend., 78, 1893, Tr. reo.'102%
87 Jan.
100%
Con., conv., 78, 1907, Tr.rec;
85 Feb.
57% June
94 14 May
102 %b. 89 Jan.
Gt. West,— l8t,78, 1888,Tr.reo
115% Apr.
2d, 78, 1893, Trust receipts. 102 b. 102%
86 Mch.
121 % Apr. West Shore— Guar., 4s
109% 109=8 102% Jan.
95 '4 Jan.
102 May West. N. Y. & Pa.- Ist, 5, 1937. 100% 100
38'4
36%b. 36=8 May
105%Apr.
2d mort., 3g., 5,3C., 1927
9878 Jan.
116% May West. Un. Tel.— Col. tr., 53, 1938 106 a. lOS'a
56 14 Juno Wheel. & Lake E.— 1st, 58, 1926
...104 b. 102 Apr.
83

Feb.
Feb.

112i2May

IO414 Apr

138
106
107

I

I

134
121

138% June
115% May
108% Jan.

1

'

115

121 % Apr.
12078 >ray
II6I4 Mch.

May
May
74% Mch.

110
110

. . .

I

120% June
120 June
112 May
52 '4 May
79% June

1

10678 Feb.

-

113% June
105% May
107% Apr.
111 May

. .

'

6214 Jan.

'

87% May
66% May
34% June
119% May
94% May
103 May
117% May
109% May
112 May

1

109% Apr.
114% Apr.
112% June

>

I

1

108

Apr.

99
38
110
109

Feb.
Jan.

Feb
Meh.

104% May
107

90
121
121
121
121
107
122

Apr.
Feb.
Apr.
Apr.
Apr.
Mi»y
Apr.
Apr.

121% Jun»
103 14 June
100 June

.

92% May
96 May
40 May

. .

96

Feb.
Feb.
Feb.

60%
10

107% June
116

Mch.

IO8I4 Feb.

1

1

100
99
94
40
108

Mch.
Mch.

1 13

June

May
Apr.
Feb.

103% June

May
May
May

80
105
119

120% Jan.
111% Jan.
112% May
I1514 Feb.
Apr.

m

117
115

June

90

Apr.
Ma.v

45

1027^ .Tune

100% June

1

10278 June

102% May
June

103

100% June

1

102=8 .lune

102% June
109=8 June
101 Apr.
44 Feb.

'

I

'

June

106

I

IO414 Feb.

'

all

Feb.

94% Jan.
82% Jan.

1

;

May

94 14 June

1

ialicatoJ price l>id,&ni ".i" price aslcal

110

109%

76% Mch.

1

'

Feb.

101% June
117% Mch.

I

I

•

Mch.

97% June
May

I

I

I

Feb.

II514 June

'

.

May

137% June

I

'

June

other prlcea and the range are from actual sales.

STATE BONDS.
SECURITIES.

Alabama— Class A,4

to 5

Class B, 5s
C, 4s

1906 102

C'la.38

69,10-20

I900I 103
Arkansas— 6s, funded .1899-1 900 12
78, Little Rock & Fort Smith iss.
10
.

I

78,
78,

Memphis &

Little

Arkansas Central
Georgia— 78, gold
Louisiana 76, cons

—

Stamped 49..
Michigan— 7b

Rock

BR

'

.'.'.'.".'.".'.ISjk)

13

15

I

90
107

Bid.

due 1889 or 1890, 102
Asylum or University, due I892 107
1894-1895 111
Funding
1892; 110
iNew York—6.3, loan
6s, loan
1893 110
35
North Carolina— 63, old
J. & J.
Funding act
1900 10
New bonds, J. & J. ...1892-1898 20
Chatham ER
6

SECURITIES.

Ask.

90%

8

1910 98
1919 126

4%'

South Carolina- 6.3, non-fund. 1888

I

Special tax. Class 1
Consolidated 4s
6s

Bid. [Ask.

Rhode Island— Os, eou. 1893-1 894 110%. ..-..

iMiaaouri— (5a

Brown

I

10
7
1890 103
1914 105

iss...

SECURITIES.

Ask.

Bid.

107% 110
1906 111%
1906;

consolidated, 6s

18931

478

105% 107

1892-1898' 66
Tennessee- 63, old
19121 76
Compromise, 3^-5-6s
1913| 108
New settlement- 6s
1913 103
5s
1913 76
3s
48
Virginia 6s, old
8%' 6s, consolidated bonds
CO
50
100
Os, consolidated, 2d series
I

—

[

Ill
107

76%

I

128%'

68, defen'cd, trust roeeipta

1

8

10^

JJ

Jdnk

J

.

.

THE CHIIONICO:

15, 1889.J

791

GENERAL QUOTATIONS OF STOCKS AND BONUS.
QnoUtlonnln

Hi>vt

York rnpnwont thn per cent ralun, wii'jteTor tho p»r in »T be
Med, Tli: "M." lormtrttttt; "*.," for

otti'ir

;

Tli« fi>ll'<wln<»l>i>revl«tlons*ra often

.

'

Kniil

:

nn
'•

ma

i^ttl

•rn frnjiMitlf
"•I mi

c'd," (or (iwntotead

W^to fjjrtjjfc^

'•*!,'

oimvertlble : -a.
ror alniclnv
ror oiinTeruoie
"a. r.,
f.," for
''1. «.."
ainicinv riind:
fund: "I.
loroonioMdatBcl;
rooni<)H(lat«cl; "oonv.." for
«..'"fo
for iMidfnuii.
Qaototlona in Sow York are to TUiiradity from otber olllea, to late ouUl d*IM.
"

;

Subaerlbere will cogFar «(kTor by tlrluT aotlee of
Unttbd Btatbs Boin>8.
"

4>*e, 1891
4>t8, 1891
to, 1907
4a, 1907
6a, Currency,
6a, Ciirrenoy,
68, ttirriincy,
ea. Currency,
6(, CurriMicy,

r<v..

coup..
reff..

reK..

reg
reg
reg
ree

JAJ
J&J
JAJ
JAJ

STATE KKCIIKiriRS.

4t»bama— ClHAS'-A," 3
0Ua«"B,"58, 1906
CU«»"C," 48, 1906

Ottt 8*on*rnBt.

to 5, 1906..

Belfaat,

112>t

102
104
68,10-20, 1900
J St J 103 >s
13
13
Arkan«a«— 6a, funding, 1899. J * J
10
15
R. &Fl.8.i9Hile,1900.A A O
7a,
10
7a, MempWa A 1,. R., 1899. A A O
10
7»,L. R. P. B.&N.O., 1900. A
10
7a,Ml88.0. A R. Rtv.,1900.A
10
7
7a, Ark. Central KR.,1900.A A O
Levee
of
1900...
4
1871,
.J
J
7s,
Conneotlo't-Sew,rg.,3>«B,1903.J*J '610U
MOO
New, reg. or coup., 38.1910
Dakota Ter. -68. 10-208 of 1887 ... 1106
)102
4HIS, 10-'208 0f 1887
Dlst.Col.— Con4.3-65B,1924,cp.FAA 124%'
Funding 58, 1899
JAJ 114 1120

AO
AO

6a, guar.,
79, 1891

BiMge

OlTT

1919

,'ia,

Bildge

4a. 1926
3«, 190^
38, exempt, 1906-13
Buffalo, N.Y.— 7a. 19;4-5
Water 5s, 189S-9
Water 48. i;i04

New

«

*>•,

Wa'er3ias

19i)5

WaerSe, 1916

100 >«
133 >•

!

3><',

1911

Va»
Var

Aq ledoct, 1905
Var
Bedrord,MaM.—«•, 1909. AAO

124
109
10

rfew

109

.few Orlaana. La
Pramlaa Sa
Oona. 6a, 1933, est«ndad....JAJ

S, Bruo*wlak,NJ.-7«,wat«r,
6a. 1906

ft«.

lit

7«,

iAD
JAD

1084
189^

S.\. atT-7a, 1900

l'>5

170
170

1901

1896

5..KO'.<«,

06

109

I4S
105

New 3>ta
Norfolk, Va-Oa. 1914

101

8a, Wat^r, 1901
5«, 1918
Norwich, Ct. -5a, 1907
7a, 1905
Omaha, Neb.— 84. 1801..
Orange, N. J.— 7a. long. .
Patenon, N. J.— 7i, 1900

101
99
117

Charleston, 'S.C.—ConT,78,'97. AAO

107

106
82

MA'liJUl

MAX;

6«, 1900
e«, gold,
5a. 1908

4b. 1906
3>«a. 1904
Sa, 1907

116

1904
Va»
. .

133
12i>«

121
104

JAJ

AAO

S>«a,t9I0

»
103

JAJ 128 130
V»r 101 >i 103

CliyBe, ly04

Water

a«,7«09
••.IVIO
ITOU

7a.
7a,

140

Cambridgit,Mi>8S. -Water 6a,'96.JAJ

I

Bav. ............«•.•••..••.

JAJ 136
JAJ 118
JAJ 101

AAO
MAS
JAJ
PAA

OVStTIM.

•wart—4a. 1904

aid, '98.

Water

1891 ..JAJ 108>a'li:9i9

JAJ 110
Wa8h.-Fund.loan(Cong.)68,g.,'92 109 >a
Fund. loan(Leg.)68,g.. 1902Var
111
Market stock, 78, 1»92

Me.— 6a, railroad

l« tfcxe Q«'»t»tl«»ai.

MoMaanarr, Ala.—

Boston, Mass.- Wat<-r6a,1906 .Var Sl.ll>s
Water .^a, gold, 1906
Var 122
Water 48. 1917
V«rJ 112
Water l-sa. 1917
AAO 104
Brooklyn, N. v.— Park7a, 1924.JAJ 165
Bridge 7a, 1924
JAJ 160
Park «s, 1924
JAJ 155

U

Perm. Imp.
Perm. Imp.

Bid.

Baltimore— (Ciinll iieil)
106 >« 107
6a, iHiuntv, 1893
UAt\
10»>« 107
Ss, bounty, exempt, 1893. MAS!
138 >4 12a\
&a, water, 1894
UAH
129 >4 129^
6a, 1900
Q—
118
6e. Weat. Md. RR., 1902.... JAJI
121
5a, 1916
MAM
124
4a, 1920
Q—
128
Bangnr, Me.— WHter,ea, 1905. JAJ
131
G. « N. A RR. 6a, 1894
JAJ
Bath. Me.— 6a, 1903
Var
107 «« 110
4>ta, 1907
JAJ
.

coup..

189S
1896
1897
1898
1899

Aik,

Bid.

ITMTBD STATBM BONOS.

»«yrr»r aixoyre*

18(1

I

MAW
MAN

SI

l»

.JAJ IS4
«*?»[ W3
MASlI 114

I3S
II*
117
lit
109
I6«

116
III

AAO V*7
00
Var 110

MAS

132

AAO 1U4
AAO (lia

m

i'iir*

J.AJ (185

(116

IM isr

ISO ISI
:oi 106
110 lis
113
JAJ
§110
113
68,1895
Florida—Conaol. gold 6a
J A J
4i«s, 1900
IM'* 10«
JAJ 118
103
8(
Beorgia-78, gold bonds, 1890.Q—
118
99
4is,«, 1915
3-65S, 1902
8«, speetal tax
JAJ 112<« 113
lOS
Philadelphia, Pa.—6a.1898-'99JAJ
Cook Co. 78, 1892
Louisiana— New con. 78, 1914.JAJ 105
JAJ
108
1909
new,
reg.,
due
86
6a,
Stamped 4 percent
90
Cook Co. 5s, 1899
JAJ 131
106 >i
Pttt'ibarg, Pa. -58, 1913
Baby bonds, 38, 1886
Cook Co. 4's8, 1900
F&A 40 45
Var 135
102
78, 1912
West Chicago 58, 1390
Maine— War debts 6s,C)ct. '89. A AO 10014 100 >«
126
104%
103
7a, water, reg. A op., 1898.. AAO
Lincoln Park 7s, 1895
New 38
107
10*
JAD
103
1915
48,
West Park 78, 1890
Maryland-'68,'H6epitaii''87-91.J&j 100
JAJ, 190^. i»
103
6a, Oooaoi., 1004 reg
South Park 68, 1899
68, 1890
O— 99 >•
is»
5124'a
•«a,R8.Ald,l907MA8
13t
IPortland,Me.—
Cincinnati, O. -7-30«, 1902 ...JAJ; 133Hi
8-658, 1899
JAJ 107
JAJ i'Ol IOC
4a, funded, 1912
V*r! 1 <6-t U?"*
104 >«
7s, 190^
Mas8acbu8ett8-5s,gold, 1891. .AAO 104
10s
Portsmouth, N.H.—6a,'93,RR. JAJ 107
Var 123 -^l.
6s, 1903
6a, gold, 1894
JAJ MlOif 111
Poughkeepale. N. Y.— 7a, water lona 141
MAN, l'23i«'
5fl, gold, 1897.
MAS lie 116>« 68, gold, 1908
114>«
114%
R.I.-5a,g.,19O0...J.tI
103>slOI
Providence,
Var!
Michigan— 7s, 1890
4a, 190,i
MAN 106
133>i IS*
lOiss lt)4'a
6e, gold, 1900, water loan. .J A J
Minnesota— Ad). 4»«a, 1912, 10-30. HOC 103 >i
4s, 30-508, sink, fun 1, 19Jt. JA
JAD 109 109>a
114>«|115
4'ae, 1899
5a, 30-50S, si ik. fund, 1939 tf A.V
Mlesourl— Fund, bonds, '94-95.JAJ 110
103
1104
MAS
OS"*!
3>«», gold, 191H
Hamilton County is
Long bonds, '89-90
J A J lOJi*
84 !.._>
A*0 ii5>i,iie Rahway, N. J.-OId 7a
Cleveland, 0.-7», 1894
Asylum or University, 1892. J A J 1U4
...^
76
New aolaatment, 4a
MAS' 120 {122
Hew H ampshlre— 58, 1892
JAJ &105 10S>« 69, 1900
JAJ 121 :i3S
JAD l>6>9 118 Klohmond, Va.—6a, 1914
War loan, 68, 1894
JAjJni 111>1 5s, 1907
133
;140
JAJ
8a, 1909
JAJ|510J>« 105
4a, 1903
War loan, 68, 1905
JAJ 131 list
JAJ 113 lis
6a, 1921 A 1922
Var 109 110
Columbus, Ga.— 78
New Jersey— 6s, 1897-1902.... JAJ
IM
I02>*
- —
105
103
4a, 1923
5g
68, exempt, 1896
JAJ
\i 141
Water,1903
if.-7a,
107>«
Rooheater,
N.
Covington. Ky— 7-30a,1893 FAa'}'06
Saw York— Bs. gold, 1892 ...AAO HO
ioa
KA.4
48.1912
7-308WaterWork8,H90....AAO4'02'«!l0l
8b, gold, 1893
AAO H'
FAA 106 US
«. Joseph, Mo.-««. 1 903
JAJlJlOOi. loi
4s, 1927,new
Ho.CaroUna— 68,old, 1886-'98.JAJ 35
FAA 97 >t 109
US'*
Comp'mtae4a,1901
FAAJlll
1920
5»,
6» N. C. RR., 1883-5
J A J t!170
Hn.—
Var S119>( llSlg
1899
'112
iSs,
Loula,
8t.
DaUa«, Texas-Ss, 1904
6e
do
7 coupons off ...AAO 140
111
[109
'100 103
68, gold, 1894
Water, 68. 1900
Ga.fnndlngactof 1866 1900.JAJ
10
S109
*
92'«
1900
5s,
5s, Street Improvement, 1921...
68, new bonds, 1892-8.'
JAJ 20
>>02
4a, 1905
FAA 4110
Detroit. Mich.— 7a, 1894
10
6a, Cbatliam RR
7
AAO
108
SlOl
8-85a, 1907
J4D}12i
6s, W. L„1906
10
6s, special tax,cla88l,1898-9AAU
9
AAO l'23>« 135
102
Bt.L.Cu.—6a,1905
93
JAD}
1911
Siss,
iOO
49, new, cons., 1910
99
99
97
1913
4a.
Minn.—
93
Paul,
«.
68, 1919
A AO l'^6 1281s Elizabeth, N. J.— New ls,1912 J.J1J 85
06 Il07>|
...
85
4>«», 1918
EvaTsvUle, lud.,oomprom. 4a,19l2| 80
Penna.— 5s,new,reg.,'92-1902.FAA IOj"* 110
1915
105
5a.
Fltohburg, Maas.- 6».'91,W.L..J4J f 104
JMdMJi
4a, reg., 1912
FA A 12m
S'lO !"?•
68,1904.,
103
Galveston, Tex.-8s,1893-1909.M48|'101
Bhod.! Isl'd— 88,1893-4, coup. J AJ 110>s
98
78, 1898.
JAD*....
58, 1920
5
South Carolina— 68,Non-fun(i, 1888
JAJ'UIO
69,
1897
C<mn.—
Hartford.
lOS"* 107>a
Brown consols
i»r:^nlh-rd5i-,T)ii;:i9«».VF 103^' 104
10-25 yoar8.4>«a, 18»0-1905.JAJ {lOO
Tennessee— 6s, unfunded
66
51.^7
1|8
anri..HI.M Maaa.-68,
Mua—<U.190&..AA0
1905.. AAO (127
•IprlBglleld,
AAO 109
Hobokeu, N. J.-78. 1892
Compromise bonds,3-4-5-6s, 1912 76
AAO 4;JJ
78, 1903, water loan
JAD {112
Improvement 6a, 1898
108'« ilu
Bettlement, 6b. 1913
roledo,O.-7-30a, BR., 1900.M A N 5 21 II3S
110
107i«
MAN
.58,1901
do
Settlement, ."is, 1913
103
88,1893-94
102 lWi>a
X"? fi 116
Settlement, :ia, 1913
76»e Houston, Tex.— 69
115
76
6a, 1899
97
95
;X.'C( i;
Cornprjmise58, 1918.
Texas— 6s, 1892
I(M
MAS "Jloe
1-93-1913
6»,
*;*<^r22
Indian ipoli«,Ind.-'-D"7-3,'99.JAJ 112
!«•
7s, gold, 1890-1910
Mdta *}11S
99
...Var. }
48,1913
JAJ
68.1897
7s, gold, 1904
JAJ '{13J
(Tashlngton, D.C—Se* DIat. of Ool.
Jersey City— Water 7a, 1902... Var 120
llOTM
Vermontr-6s, 1890
107
J A D
*or«e8ter, Maa«.-68, 1893... AAO
JAJ 115
Water 68, 1907
48
Vlrglnia^69, old, 1886-'95...J A J
U8>1 ISO
68.1905
PAA 115
—^iS.
Funding 6b, 1909
lua
4S
68, new bonds, 1886-1895. .J A J
A*«? lOT
4a, 1905
115
1905
MAS
5a,
(.V)unty
Hudson
10«
48
SlOl
4^
6s, consuls, 1905. ex-ooup....JAJ
1905
a>f.
JAJ 123
iii-^***
Hudson County, 6b, 1905
68, oonsol., 2d series
JAJ 50
KAII.KUAD BONOS.
1891
J«D 112
HM 9>« Hudson County 78,long
68, deferred bonus. Trust rec...
{Bona* of tnmpanit* eonMTMaivtM
JAJ 112
Bayouue City, 7a,
69
Tax-rec'vablocoup8.,fromcon8'ls
\tttOM<ui Hii(f«r(*«i»»*o'*<' »•"•<•)
il.'l
1896...
Var
M0.-8S,
KansasCity,
30
19p8,«}l7 IS*
Do
from 10-408. 28
Alfc Qt. 8ouih^rn-lat mort.,
MAN |117
7a, 1898
New3a(Rlddlcberger),1932.JAJ *iv% 70
Debenture scrip, 6*, gold, 1908.. ajw 111
lOS
f.«wrence, Ma«a.-«a, 1894. ..AA O ;110>* 111
'l-'J
10-lOB,cp.Areg.,3to5,1919.JAJ
....
1927
..^....
mort.
5«,
Oenl
AAO 1120 121
»»
6a, 1900
Consoi. coupon, new
34
AUb.oa Midland -lat, 6., 1928
102
Long Island City, N. Y-Water,7a,
20
18
do
xion. fundable ..
l«t deo. 8a, 1907. « 67
125*
Ao.
T.
N.
O.
Ala.
Var U23
LoursTlUe, Ky.-7a. 1903
CITK SKCVHITIKS.
*^debint.6a.l907 ...-. JAD. 45
VarsKVS
64 1897
Albany. N.Y.— 78, 1»10-16...MAN }142
Ub-yA8a»q.— Ooiu.7»,100«,««ar. ••;-':vj2
5l07 104
MA.S
1920
10-408.
5a,
MAN
Cs, 1915 to 1919
Jl'^O
&,M^l.^wrt.,8a.l903,guar.AAO }"••,>«»*
JAJ 100 101
..~—
4.S, 1923
114
48, 19'20 to 1930
MAN 5102
Ule«b.VaL-Oen.M.,7/l0«.JAJ
103(4
103
«8,1S90,W.
L.MAN
Mass.—
Lowell,
106
lOo
Allegheny, Pa.— 5a,ep., '87-87. Var.
BSt.e«en. M., 7.. 1910. AAO ......
Lynchburg, Va.— 68, 1901-4 ..JAJ 112 113
105
*ar. 100
1831.
4 isa, coup., 1 88.'>-l«01
lQeon.e,7a,eod..
.."*;*^;
125
smtS iVS'"
88, 1905
Var. 105
;;••,•„-.—li-!
48, coup., 1901
}}•
4toh. Top- A8.P»-lat.78,'i»»JAJ J'iit \VM
ii'i'
Lrnn,Ma88.-Waterloan,68, 94.JAJ
AUegheny Co., 5e, cp., 1U13.JAJ 103 105
^LiidS?ant.7^«., 1900 ....AAO JlW
115
ll4
^JAJ
69, '96
loan,
Water
101
AD
J
4
100
48, riot loan, 5-lOs
Sinking fund. 6a, lOU
115
I14>a
MAN
.JJJ
5a, 1905
100 101
48, riot loan, 10-208
6a, 1909 (lat Biort.)
tll>«lll2>t
f.*** I !?^i Si
102 iMaoon, Ga.— 6a, 1909
MAS?
101
6b,
IO-2O9
do
65
Kohi«rter.N.U.-6a. 1894.. JAJ. 109 110
103
48,refunded, ,5-208. 1891-1906... 102
123
121
JAJ.
1902
6s,
106
4s. Court House, 190H, reg.. JAJ 104
0^
lU.l><ll05
••
48,1911
JAJ 117 120
Atlanta, Ga.—8.<, 1902
i'ViXV
iMemiima, Tenn.— Cimp. He, l»07.; 103'4 101
lAJ 117
Water7s, 1904
;j^f;^;v7:i3.V'V«65gi'
103"*
132%
J»j
1913
Tax l)l«t,,«B,
MAS } 4 t* •«
~
JaJ 106
6a, 1895-6
InooinAOa, 1938
TaxDist.,68, l«l*v,- -,J,.V,Ai 103 >« 104
"jJAJ 102
5a, 1914-15
CbSrASt. il-U«6.,19l5.MA3
iMInaeipolls, Minn. -89, 189J.JAD 5110
JaJ 100
iHis, 1916
128
ll}'',*!!*
78
1901
J.27<,
122
oSirOolA&F«..l.t,7H90JJAJ
Augusta, Me.— 68, 1905,Fund .JAJ,5l2o
"^^^/Im^
(lO« 107
TT
iS'O"
4'fl«, 1912-15
A*0. 74
Var HO 111
AQKii.sta, Oa.— 7s, ls»00-2
Oiild6«.t93i
lUl
'^
4a, 1315-17
110
J.«.l
193
Oowireii.%PuB-7M9)9.»AO}100 ..—
68, 1905 ...
1 10
-Water7»,'03.JAJ
..^,
MlIwaak«.>.Wl«.
Kaorc^»e:A»o.-««7e.l9JI»}lO«
Baltimore— 6s, consoi., 1890.. Q—J 101
Water 4s,
6a, Balt.A O. loan, 1890.... y—J 101>«
A Mc>.-lat7a.l9 1S.AAO \vn
"bT
90
IMoblle, Ala.- ^l';^'f-^^^^JMJ*y
"...(j— Ml 102
«8,'Ptrk". 1890.
on ttaaa 186 ».
Oaopooa
t
« tn Loadoa.
intereat.
•
} Purchaser alopaya accrued
rtloe nominal; lo late transactions.
Couv.

Water Btock, 78, 1901
do
78, 1903

4a,

JAJ

1909

Chicago, ni.— 7b, 1892-99

83

88,1901
48,1908
Petenburc, Va.—e«

US'*

m

,

i

I

1

.

JAJ

I

.

—

—

|

um

.

»

M.^Wda.l9a0
^r..»Vu^^i3T:::|g!

J

g
S

1

J»S

il

I

'\

1

.—

—

M"a

'.

I

FJ

F
J

THE CHP.ONICLR

792

[VCL. XLVIII.

GEXBRAL QUOTATIONS OF STOCKS A^D BO-VOS— Oootinijed.
For Explanations See Notes at Head of First Paze of Qaotatlons.
Railroad Bonds.

Bailroad Bonds.

Ask.

Bid.

At«h. Top. <fe S. Fe— (Contlnnert)—
South. Kansas, let 5a. 1626 .M&8

Chic.

8S%

88 14

Texas Div., Ist 58, 1927 ..M&S 74
Income 6"s. 1927
Wicli. & West.— 1st Cs, 1914. J&J
FloreneeA El Dor'do, l8t.7e.A,feO 5105

Mlss.Riv.Bridge, l8t.,8.f.,68,1912

68

58, 1895
58. siuliing fund, 1901
68, debenture, 1913
Iowa Div. 58, 1919
Iowa Div., 48. 1919
48, Denver Ext, 1922
4s, plain bonds, 1921
Plain, 7s, 1896
Neb. Ext., 48, 1927

Bonds,

124
1051*
9ais

79%
191,

100
23

J
5

M&N

IOOI4 Chic. Mil.

100
105

107

Boston & Maine— 78, 1893
J&J Mills
78, 1394
J&J Va3
Best. * Providence— 78, 1893.J&JIJ1 12
B08t.& Revere B'h— l8t,68,'97. J&J l^llO
Bradford Bord. &K.— 1st, 63, 1932
23
Bradf.Eld.&Cuba— lst.68,1932J&J 20
Brooklj-n Ele.— Ist, 68, 1924. .A.tO llOij
2dmortg, 5s, 1915
89
J,SiJ
Uuioii tl.— l6t, 68, 1938. ...M&S 105
Bruns. & West, 1st, 4s, 1938. .J&J
Bufl. Brad. A P.— «eu.iM.78,'y6. J&J 1 06
Bn«.N.Y.&Erie-lst, 78. 1916.J&I) 143
Buff.Roch.

&

Eocli. &
Consol.. 1st 68,

1922

J&U

Buffl.&Southwest.- 68. 1908..J.&J

111%
1131a
112iai

112
111

Rap.I.F.&N.,l6t,6s.l920.A&0
do
1st, 5s, 1921
A&O
Pac.— l8tM.,4is8,1012J&J
2dM..68, g.,endC. Pac, '91.J&J
8dM. (guar. C. P.), 68, 1905. J&J
do
do
38, 1905. J&J
Camden & Atl.— Ist, 7a, g.,'93..J.SiJ
2d mort., 6s, 1904
A&O
Cone. 68, 1911
j&j
Canada 80.— lst5s,guar.,1908,J&J
2d mort., 58, 1913
M&S
C.

U4ia
1001*

84

101
93

93
100
112
106

107
102
5106
i 60
112

104 1« 105 12
ItOis 102
106

F. &Yad.V.,let.68,Ser.A,l»16
Ist OS, ser. B, 1916

Carolina Cent.— l8t,U8,g.,2O00. J&j
2d, Inc., 6s, 1915
A&O
Oatawissa— Mort., 7s, 190O....F&A
Cedar F. &Min.— 1st, 7s, 1907. J&J

1231* 12412

74
104
104

Cent. Br. U. Pac.,lst8,68, '95.M&>'

1895
M&N
Atch.Col.&Pae.,lst,08,1905Q.—
Atch.J.Co.&W.,l8t,6s,1905.Q,—
78,

791*1

9i
95

Ga.— l8t.cons.,78,'93.J&J lOJ

Collat'l trust 5s,

1937

M&S

1041a 105
115S1 117

M&N
Q—
M&N

78, conv., 1902
Consol. M., 78, 1899
Conv. deben. 68, 1908
Am. Dk.& Imp. Co., 58,1921. J&J
L^li.&Wil.— (;on.78,e.,1900,a86.Q

MtrrgageSs, 1912

103

lOlifi

Central of N. J.— l8t,7s, 1890. F&A
Gen. mort., 58, 1987
J&J

128
123 19 126'
115
112
118%!119is
I

M&N

8.1'o

P. du C. Div., 1st, 88, 1898. F&A
P.D., 2d M., 73-103,1898. F&A
R.D., Ist, *, gold, 78, 1902 ..J&J
La. C, IstM., 78,1893. ...:.. J&J
I. & M., IstM., 7s. 1897
J&J
Pa. & Dak., Ist M., 7s, 1899. J&J
Hast. & Dak.Ex. l8t,7s, 1910.J&J
do
5s, 1910
J&J
Chic. & MU., Ist M.,7s, 1903.J&J

12J

961a
921a

M16

'

sUUis
IOOI4

iioo
§102
;105
120
120
93
51
23

Belief. & Ind. M., 7s, 1899. ..J&.1
Cleve. & Mah.Val.— 3, 5s, 193'<J&J
Clev. & Pitts.—4th M., 6s, 1892. J&J
Consol. 8. F., 73. 1900

102 14
103 14

M&N

2d mort.,

Col.

,

*

Cin.

63.

do

120
99

121
:

107i4'l07%
85%l 87
911*1 92i«

Mid.— Ist, 6s, 1911. J&J

Colum. Hook.V. & T.— Con.5a,193l
Gen. 68 gold, 1904
J&D
Col. AHook.V.- l8tM.,73,'97.A&0

51 1«
26
11

52612 I28I9
107 1110

A&O

1923

98%

116
Ill
103

Colorado Mid.— 1st, Gs. 1936. .J&D
Columbia & Gr.— 1st 68, 1916. J&J

69ial.

6i"

HIO

-1892. J&J Sl02
,
Col. &Toledo— Ist 78,1905.. F&A §115
do
2d mort, 1900. M&S '103

2d M.,

73,

Ohlo&W.Va.,l8ts.t,7s,lbiOM&Nl( '13
Col.Springf.&C— l,st,73,1901.M&.S 112 114
Col. & Rome.— St. 63, gu.Cent Ga. '106
108
C0I.& West— Ist, Gs.guar Cent Ga. *107
1C8
Col. & Xenia— 1st M.', 73,1390.M&S H03is
13112 Conn. & P.tssump.- M., 7s,'93.A&0 11014'llOia
!

121

Massawippi, g., 6s, gold, '90 J&,l
Conn. West- 1st M., fs, 1900. J&J
Connecting (Pliila.)— 1st, 63 ..M&S
Consol. RR.of Vt., Ist, 53, 1913.J&J

l^Sia
llSis

119
12J
129

5

100 14
24

100
16
122
89ia

§

& Ant.— Ueli.es, '98M&N
& Penn.— IstGs, '91
M&S 102 "a
Cumberl. Val.— IstM.. 83.1904. A&O
Dayton & Mich.— Con. 5s,1911 .J&J §106is
Dayton & Union— lat, 78, 1909J&D a.o"
Dayt. & West— IstM. ,68, 1905.J&J § 1131a
Cor.

89%

Cow.

Cumb.

l'>5ia

129
J&J 129
1908J&J 128

§10714 109
H'l 1102
Vl07i«
vlOtiia 1071a
f 1131*
1151s

Cin.Wash.&B.— lst,gu,4ias-63M&S
2d mort, 53, 1931
J&J
3d mort., gold, 38-4s, 1931. .F&A
Income 5s, 1931
71s
Bait Short L., Ist, 7s, 1893. J&D
aearf. & Jeflf.-lst 6s, 1927 .J&J
Cle V. Akron & Col.— Isl ,68,192 6J& sl04is
G-n. M., g., 53, 1927
M&S 96's
Cleve. &Cahton-lst. 53. 1917.J&J
9i
Clev.Col.Cin.&Ind.— l8t78,'99M&N 122
Consol. mort, 78, 1914
J&D 132
Cons. 8. F., 78. 1914
J&J
Gen. con. 6s, 1934
J&J 1191a

7&j'5H3is 114

& St. Paul—

L.8.& M.S., 1901. .A&O

100
JllOislll'i

130

"

I

1071a
125

[

H^i?

Ist mort., 7s, 1905
J&J §120
Delaware— Mort., 6s, guar., "95. J&J
Del.& Bound B'k— Ist, 78,1905F&A iVi"

104
Ho'^s

120

Del.Lack.& W.- «ouv.7s,1892 J&l) 108
Mort. 7s, 1907
M&.s 137 139
Den. & R. G. Ist 7a,gold,190i).M&N 119% 12i}1b
Istcon. 43, 1936
J&J 81% 82ifl
lOJ's 1071a
Impr., g., 5s, 1928
&
J&D 82% 8314
106-* 106''8 Denv.& Rio G.W".— Ist.Gs, 1911M&S 102
92 14 92%
Terminal 58, g., 1914
do
J&J 106%
asseuted Tr. rec.
91
931a
Dubuque Div., 1st. 6s, 1920. J&J 5113 11* Denv.S.P.&Pac- l8t,7s,1905 M.feS
104%!
8414
Des .M.&FtD.-Guar.4s, 1905. J&J
Wis. Val. Div., 1st, 68, 1920. J&J 5104%
1st mort., guar., 2ia«. 1905 J&J
50
Fargo & South.- 6s.as8.1924 J&J
8II4
99
Ist -M on Ext, guar 48, 1905J&J
Inc. conv. sin. fund 58, 1916 J&.I
Dfet.&B.C.l8t,88,eu..M.C.1902M&N:v....
Dak. & Gt. 80. 53, 1916
J&J lOlia
DetB. C.& Alp., Istes. 1913. J&J ---. 108
Wisconsin Val.. Ist 78. 1909.J&J 5
118
(;hlc.& Northw.-Con.73,1915.Q— F| 146
1461s DetG.Haven&.Mil.— E(uiip.63,1918 «114
Con. M., guar. 63. 1918
Consol., gold, 73, cp., 1902. .J&D •--.
1321a
A&O «114 lis
122% Det L. &North.— l3t,7s, 1907.J&J §117 II714
Sinking fund, 6s, 1929
A&O'
Gr.Rip.L.& D., lst,53,1927.M&8 5....
do
58,1929
A&Ol 111 111%
Det. Mack.& M.— Ld. gr. 3143, 8. A.
34
do
debent., 58,1933.M&N Ha^g
Dub.&S. City— lst2dDiv..'94.J&J 112 1131*
Exten. bds. 4s, 1926
F&A 100
DuLith & Iron R.—lst,53,1937. A&O 1091s 102
25-yrs. deO. 58, 1909
M&N lOT^a
935*
D.iuuh 8. 8h. & Atl.— 5s,1937.J& J
Escan.&LSup., 1st, 6s, 1901.J&J 114
Dunk.A.V.&P.— lst,7s,g..l900J&D 110
Des M.& Mian's, !st,78,1907.F&A 127
E.Tenn. Va.& Ga.— Ist, 78,1900 J&J li-5
Iowa Mid., Ist M., 83, 1900. A&O
Divisional, 5s, 1930
Peninsula, Ist, conv., 78,'98. M&S
J&J 112
Chic. & Mil., Ist M., 7s, '98.. J&J 123 <a
Cousol. 53, g., 1936
M&N 1 07 'a 108
Mil. & Mad., Ist, 6s 1905. .M.&S. HG"*
J&D •102
ist Ext, gold, 5s, 1937
92
Madison Ext., 1st, 78. 1911. A&O 5130
Equip. & lmp.,g., 5s, 1938. .M&S
97
96
Menominee Ext. .l8t,73.19 11 J&D, U30
Mjbile & Biriii.. 1st, 5s,1937.J&J
Northwest.Un., l8t.7.s, 1917. M&S s^l34
Kaoxv. & Ohio, 1st, 68, 1925. J&J llOia 112
Wlnoua&8t.Pet.-2d7s,1907M&N l31
Cent.,
Ist,
6s,
1918
J&J
1161a'
Ala.
Ott. C. F. & St. P., 53, 1909. .M&S 10j%
East & W. Ry., Ala.— Ist, 6s, 1926
111
North. Ills., 1st, 5s, 1910....M.fe8 HO
Eastern, Mass.- 6e, g.,1906. .M.fe.8 §123% 126
131
Chic. &Tomiih.-lst,68.'05.M&N (!ll7
Easton & .\mb(iy-M.,53,1920.M&N 117
Cedar R. & Mo— Ist, 7s, '91. F&A J 104 IO4I2 Elizab.Lex.&BigS.— 63,1902. MAS 104 105
latmort., 7s, 1916
M&N >134 13414 Elmira&W'mspt— Ist 6s,1910.J&J 121
2d mort.. 78, 1909, guar... J &L) J 3-2 "s 123
A&O
Perpetual 58
S. C.& Pac, 1st. 6s, 1898. .J&J] lu7ia 108
Erie&Pittsb.— 2d, 7s, 1893. .A&O S'lbo"
Chic.Peo.& Bt.L.-Uii. .!,8,1928.M&S
J&J 113
981a
Cons, mort,, 73, 1898
Chic.R.X.& Pac— 68,1917,coup JdiJ
138
A&O §101 108
Equipment, 7s, 1900..
107
Exten. & col. 58. 1934
108
J&J
Evaas.& lad. —l8t, guar., g., 63, 1924
Chic.&8.W..l8t.7s.giiar.,'99.M&N
J&J iliii i'i2"'
1st con., 1926
"99'"
109
1051* 106

1»'8

:

1031s

Cent. Ohio— let M.. 6s. 1890.. M&8
Reorg. cons. Ist,4ic8, 19dO.M&S
Cent. Pac— 1st, 68, gold, 1893 .J&J

103 '4 10312
10213 103 1*!
H714'

1896
J&J
1897
J&J
1898
J&J
B. Joaquin, 1st M.,6s,g.l900.A&0
Cal.&Or.C.P.boud8,68,£,'92J&J
Land grant M., 68, g., 1890. A&O
Mortgage bonds, 6s, 1936... A&O
West. I'acif., Ist, 6s, g., '99. .J&J
Central of So. Car. Ist 68,1921.J&J
Charl'teCol.&A.— Cou8.,7s,'95.J&J
2d mort., 7s, 1910
A&O
Cjn80l.,g).d, 68,1933
J&J
Ohartlers- lsi,7s, 1901
A&O
One«.&Ohio.— Piir.money fd..68'y8

I1713I

Ist, 68, gold,
l«t, 68, gold,
l«t, 6s, gold,

M&Ni

7s, guar.,

Ask.

,

110% 113
99=8 99%

Cape

go's

Consol.. 7s, 1905
1st M., I. & D. Ext., 7s,
Isi M.,Gs, S'thwcst Div.l909J&J
Ist M., 53. La C. & Dav.l919J&J
80. Minn. 1st 6s, 1910
J&J
Chic. & Pac. Div. 63, 1910 ...J&J
do West. Div. ,53,1921. J&J
Chlo. & Mo. Riv. 56, 19.46.. ..J&J
Mineral Pt. Div., 6s, 1910... J&J
Chic.
L. Sup. Uiv., 5s, 1921J&J
Wis.&Minn. Div.,58. 1921. ..J&J

lllifl
i

Oallfor.

Cent, of

I

105%

Burl. C. R. & N.— l8t.58,new, 1906
91
Cone.lst&col.tr., 58,1934. .A&O
87
Iowa C. & W., Ist, 7s, 1909.M&8 100

Fund, coupon

I

I

99
120

Plttsb.- Gen.Se, 1937
P.. Ist, 6.», 1921.. ..F&.V

F&a!
M&Sl

J&J

Ctn.&Sp.— 7s,C.C!.C.&I.,1901.A&0

112

;

i

J&J noa

106'a 108

M&NJ 106

A&O JIH^
A&O 96=8

J&D

2 I mort, 73, 1890
Consol. mort, 6k, 1928

lOlij

.

.

Var.

A&O,

Q—

&

33
1 SS'e 134

J&D HOII4

Bid.

&

Bur. & Mo. R.,l'd M., 7s,'93.A&o!51-0% i'li"
Bur.&Mo.(Neb.), l8t,6s,1918.J&J 5 ' 1 8 s 119
IIOH
do Cons, 6s, non-ex. J&J 5l07i«l 108
do 48, (Neb.), 1910... J&J,5 8914 89I3
do Neb.RR.lst,7s,'96A&o!5110ia 112
do Om.&S.W.,lst,8a,lS96ill9 i2l
108
m. Grand Tr., 1st. 8s. '90...A&OK' 104is 103
111
DUonPeo.&H.,lst,8s,1889.J&J\M00 100 1«
110
Ott. Osw. & Fox B., 88, 1900.J&Ji{127i4 I2718
117
Quincy&Wars'w, lst,8s,'90.J&Jlf 105 106
126
124
Atoh'n & Neb.— 1st, 78.1908 M&S|5l25
Repub. Val.. Ist, 6s, 1919.. .J&J SlOt lOS
130
Chic. Burl.& Nor.— 58, 1926.. A&O, 5 1031* 104
91
2d. es, 1918
J&D §101 IOII4
Debent. 6s. 1896
J&D S 99% 100
Equipment 78, 1903
F&A §107 IO714
104
(3hlc.&Can. 80.— Ist, 78.1902 A&Cl
74
109
Chic Kan. & West'n.— Ist, 58, 1926,5 73
112111
19 « 20
Income 68, 1926
lOSis Chic.&Eaattll.— Istmort.es, 1907 119
1061s
1st. con., 6a, gold, 1934 .... A&O '33
112
Gen. con., 1st, 5.s, lii37
M&N 103is 10li«
108 If CHiic. & Gr. Trunk— Ist, 6s., 1900.. 103
114
Chi.'. &Gt.W.-l3C,K...^s,1936.J&D
1:0
Ch.&Ind.CoalR'v,lst5.'5,193ij J&J lOlia

.

68,1899

106'a

F&A
2d, 6s, 1923
Chic. B. & Q.— Cons., 78, 1903. .J&J

112ii)

•

4s, 1903-6-7
4i«8, 1903

R.vn.ROAD Bonds.
Cin. Leb. & Nor.— Ist, 5s, 1916J&J
Cin. Rich. &Chlc.— Ist. 7s, '95.J&J
Cin. I. St. L.
Chic— Con. 6s. 1920
1st gold 48,1936
Cin.&Indianap., l8t.,78, '92 J&I)
2d M.. 78, 1892
J&.l
Indlanap. C. &L., 78, 1897. .F&A
(^n. Laf.&C.--lst,7s,g.l901.M&S
Cin. Rich.
F. W.— lst,7s,1921 J&D
Cinn.8and.& (31ev.— 63, 1900. .F&A

122
121
8t.L..Jack8'v.& C, lst,78,'94. A&O 1 13
do Ist guar.(564),7s,'94A&0 113
do 2dM. (360), 78, '98. .J&J 118
do 2dguar.(188)78,'93.J&J 119
70
Chlc.& Atlantic- Ist, 6s,1920.M&N

78
85
106
120
110
114

K.Mex.&So.Pao.lst,78.1909.A&0:?113
Paeblo<SArk.V..l8t, 78,g.,1905.|H12
Bonora, 1st, 7e, 1910,
- guar.. J&J \i 67
Wiohlta&S.W. ,l8t,78,g.,gua.,1902 5100
123
Atlanta & Charlotte Air L.— Ist,
A&O 104
Income. 68, 1900
98'4
Atlan. & Dan.— 1st K. 68,iai7.A&0
7958
Atlantic <& Pao.-l8l48, 1937. .J&J
W. D. Incomes, 1910
A&O 19
90
Central Div., old tis, 1891
20
Incomes, 6s, 1922
do
20
do
ace. ld.gr. 68.1891
Augusta & Knoxv.— 7s. 1900 ..J&J
Baitunore <t Ohio -New 4s
A&O ioi'
68 gold, 1925
F&A
Consol. gold 5s, 1988
F&A 110=8
Parkersburg Br., 6s, 1919. ..A&O 120
8chnylkm Riv. East Side 5s, 1925 104
Bterllng, 4»ss, 1933
A&O clOO
Sterling, 5s, 1927
J&D 6109
Bterliug, 6s, 1895
M&& elOS
Sterling mort., 6s, g., 1902..M,.%S C115
do
68, g., 1910. M&N C122
Bait. & Pot'o— 1st, 68, g., 1911 A&O 127
iBt, tunnel, 6s. g., g'd, 1911. ,1&J 1271a
Beech Creek— let.g'ld, 48,1936,J&J
Ball's Gap— 1st, 78, 1893
J&J
Bolvldere Del.— lit,68,c.,1902.J&I!
Cons. 48, 1927
F&A 103
Boston & Albany- 7s, 1892. ..F&A
ni2
J&Jii-ji
_ 68,1895
Boat. Cone. & Mon.— (^ns. 78, 1893 J1OSI4
A&o|§l<!5i4
Consol. mort., 6a, 1893
Impiovement68, 1911
J&ji^llO
Boston & Lowell— 78, 1892. .A&O j lOi
68, 1896
J&J 5ll3?i

Ask.

Lonta'a& Mo.R.,l8t,7s,1900F&A
I,ouis'a&Mt).R.,2d,7s,1900M&N

7.3

It.C.Topeka&W.,l8tM.,78,g...I&J yll8
do
Income 78. M&.S,5107

Bid.

& Alton— (Contiaued)

Chic. St. L. &P.— Ist, 5s, 1932.
Chic. & Gt. East., Ist, 78, 93-'95.

A&O

117%!

Evaus.&

119% 120

T.II.,l3t con.,68,1921,J&J

103
MtVernou— Ist, 68, g.,1923A&0
Col.&Iud. C.,lstM.,7s,1904.J&J J 120
Evansv.T.U.&Chi.— lat Gs, g.l9i)0 102
el07
109
do
2d M.73,1904.M&n!5115
Fitchburg— 5s, 1899-1903.... Vur. §102
103
M&N ,106
trn.&Logansp.,l8t,7s, 1905.A&OJH17
121
5s, 1908
107
Cin. & Chic A. L., 7.s, 1890 F&A JlOO
.A&o|;109
6s, 1897
93"
118
1151a
Chi. 8t P.& K.C.-lst, i;, .5s,193bJ&
91
A&ols^lll
78,1894
104 105
Chic.St.P.Miu.&Oiu.— (Jon. Gs, 1930 I2i
M&S f'.OJ
4'4S, 18J7
Ch.St.P.&Minn. lst,Gs,1918.M&N l:^4ia
4-', 1907
A&u 94
1121s
120 126 Is
St. Piiul&S.City, lst68,1919.A&0 1211a
BostH.T. & West., deb. 5s, 1913. lUO
ICG's
Chic& W.Ind.—S.td. 6a, 1919 M&N 113
Flint & P. Marq.— -M. 6s, 1920. A&O 122
120
Geueralmort.. 6s. 1932
Q— .M 11816
Ft Worth & Dcnv. 0.— Ist. Gs, 1921 07
113
Chic. & W. Mich.— 5s, 1921 ...J&Dj 5100
100141 Frem'tElk'n&Mo.V.- Gs,1933A&0 ,1'25
Series A,68,1908, coups, off .A&O 1181s llbis C1n. & Bait— 1st, Ts. 1900 ...J&J 5 115
116
Unstamped.. 1123
do
do
6e. 1911
A&O 118 1181a Cin. Georg. & PosLs.— 68, 1901A&O §
1021a Gal.Har.&Sau Aut— lst,G3,g. 1910.
Ches.&Obio Ry, lst5s, 1939. M&N 98
98 14 Cin. flam. & Day t— ;onsol.38 A&O J
J&D
lOG
2d mort. 7s, 1905
Cues. O. & 8.\V.— .M.«8, 1911.. t'&A 111
Consol. mort, 7s, 1905
A&0i§120
921a
West Uiv. Ist, 58, 1931. ...M&N
2d mort., 6s, 1911
F&A 78
73
Consol. mort. Gs, 1 905
A&O^ J 1 1 4 ij
Gal.Hou8.& Hen.— lst,53,1913.\&0
Cheshire— 6s, 1896-98
J&J JUOifi 111
2ilmort., gold, 4i.is 19J7. J&J '5 99 la ibo' Georgia— Gs, 1910
J&J 107
Chic. & Alton— Ist M., 78, '93. .J&J 113
cm. H. & 1., l8tM., 78, 1903.J&jl§112i4 113
Georgia Paci(lo-l»t, 6a. 1022. J>fc.) 115
Sterling mort., 6s, g., 1903..J&j'el23
125
Cin.Jack.*M.ic.-lst,.'Js,193G J&Ui
82%
Coii. 2d luort., 5s, g, 1923. ...A&O
Bds. Kan. O. llnp.fia.t..l0O3,M.tN
"93
126
Cin. Van W. * .Mill.
I8t,68.l90l'
90
A&O •^H
Con. iticjm >, 5^, g., 1923
"Price
nominal;
no
late
.^
transactions.
§ Purchaser also pays ai:i;rued interest
» In AinaterdHia.
elaLondjo.
JCjipjao.',
118^8

105
107
110

,

IIII4

100%
93
101
123
97I4
126
124

UOia
10458

(

•...M
...>•

,

110
1151a
82 „

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.

-

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-

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13, 1889.J

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CilRONlCLE.

798

(ifi^^BUAL QaOTATlUNS OF SVOOILS A.VD BO XDS-' Jo-rrooco
For B«pUa>tloa« a«« Note* M Hi.«* »f glr»t 9mf -f
QmoimIom.
Railroad Bonds.

A

<ia. So.

l'la.-lst8(i,

If,

Bid.

1927. JiJ

Or.Riin. & Ind.— l8t,l.K., R'd, 7». ({.,5120
1 at M..7a, l.ir., Kold.not Kiiar. A..&0 §117
Ex hiiul ifiimt. l8t 79,"J'J
?110
CouHol. .").», 19:44
MAS

Gr.H,v\V.ASt.P.-l8t,6»,l911.F.AA
2(1, iiiconios.

K:iti.

C.

A Cam.,

I».

Mt,J.

HniTls.
'1

J

c

L

!

-

,v

HAILROAD

122

05
19

121»«

6a, 1911. .MA."

lOe.

lsD2

.

JAJ §114

AU— I8t.4«..l9l3l

Conn. We8t.-3s,ia03 JAJ

nic— Cous. 5a, iaj7..MAN
K.& W. Tex.— l8r.7p,"98.iMAN

H.A Tex.Cen— 1st 7«, Tr.

105i«

5

93
106
60

West.DI v., let, 78,Tr.rce.'y 1. lAJ
W»coAN.W.,l8t,78,ir.,lB01.J&J
Cona. raort., 88,1913.Tr, rei'. AAO
Gen. uiort. 68, 1925, Tr. ric..\AO

Bid.

Raiumad Bosm,

Aak.

n V

i.«k" ivi..

j*r>

MA<«
J*ni
lino MAI* I3»
•I«.1MM
no
I

I

Etlen.bonda, 68, g., 1900
Cm«. 7»,1912
An!ro«cog.A Ken., 0«. 1Lesda A Farni'gt'n,
Portl.4 K..Con«. M
Debenture. «8. 10-^(

no
70

I2o%

ri'c.lSUl

BOICDt.

[•a7.N.A.4Clllo.-l»t,6«,1910.JAJ IJO
Con. mort. 6)1. 1916
AAO 10.1 t03>t
Ind'ap. Dlv.,0«g.dd, 1911 .F,v\ 10.%
Lo l«tr.N.O.ATax.-Ut.4,,t03tMAS
H7»«
2d mort., lno.,.'N8, 1U31
41
M.V:H
LoiilBV.8oHth-l8t6«.g.;917..M.A3.
HH
89
Malp.eOent.— Mort.7«, 1S9H.. .r,v '120 121

8-1

It'll

Hun. A St. Jo.- Con.

Ask.

101

1

112
133

I'l

>

I

Loor
d..

10'/>«

..'

"111
7

.N

10
t06

'i

78'4

Hant. A Br.Top-lst, 78, '90..AAO 101>s
2(1 mort., 78, K-, 1895
117
FAA
Con.s. 3d M. 58, 1895
AiO 102

..

.

N.Y.Om

Marlelta Min.-l»t, fia. 19l5.M*.Vi5 91
Mar'taAN.Ga-let.fl»,K.,ll»l].JAJ rlOS
Consul. l»t 68, 1937
jajI
afara'tte Ho.A 0.-Mar.A0.,3a. '»2 il08
6«,1908
MAS JlOS

125>i

M

N.

Man.BB«olilmp.,llni.,7M,l!)oa.iilAi*i'....

106
1201a

"iT-r

I'

N. Y.

107
•

!

..

11

104>«'

A

l»tM.,

2d

1905

7*.
;.„.

ni..ti«,

..;.

IMi

i;d6«(M>»led«>

»
3<il.

1

lOiH N.V.P».«0.-l"'. '"

68,1923 (extCDsloD)
JAo'itOl'i 104>i
prt
do
:io
8«, 1925 <Mary.* West.). A4O'?l03 llOl
Eiiulp. Tiii97
IlUnola Centr.il—
Memph.* Charl.— l8t,7a, 1«1(V.JAJ 12^
,
mort. In.
2d
a<«
Ist Chi. A Spr. Gs, 189?
JAJ 116
2d mort., 78, extended, 1915.JAJ 123
Sdmort. Ini\
»•
l8t, void. 4s, 19.>1
JAJ 109
lat consol. 78, 191.%
jAJ 118
"«
UmMtaUr.
»3
Gold, Sija, 1951
JAJ
l«t.flon8..Tenn. lien, 78, 1915 J A.) }2i
Weat. ext. c
70
Col. tr., ROld, 4s, 1952
AAOl .-- 102
Gold. 68. 1924
JAJ 1..7>«'
do
do
7«, ru«r.
70
MlddleDlT. reg. 58, 1921... FAAcH?
Motrop'nElov.— l8t,6«, 1908, JAJ 118 .119
:10
N.T. Pliil. AHor.-l8t, 1923
108
BterltnK, 8. F., 58, g., 1903..AAo:el06
2d 68. 1899
MANl lOSUl
Income 68, 1933
A.'.
32
112
Bterlln<;, gen. M.,6b, g., 1895. A AO el 10
Mexican Cent.— Cim. 48,1911.. JAJ^ 6*'^ If,
,S.Y.8u»q. A W.-D«b. 6l,'97.P4Ai ,.,,.. --~l-»
Bterllng. 58.1905
JAD 108 no
l«t con. inc. 38, 1939
,TaIj-|
30"s 31
Ist refund., 58, 1937
JA.l' 101 «« 103 "•
Chlc.St.AN.O.-lst oon.79, 1897. 117
IS"*! 20
m
2d con. inc. 38. 1939
Inly
h'.<'
2d mort. 4>«a, 1937
2d, 68, 1907
JAlJ
Debenture lOs. 18W
AAO 5104>t'lOl!^ Mldl'dnf N. J.-lit.«a,l9I0. A
1
Ten. lien, 78, 1897
MAN
Mexican Nat.— Ist, 6a, 1927. .JAIi lou'a
iNorf.*We8t.-OeD.,6a. 1931.M
Sh, 1951, gold
JAD 5U9>e
2d M..Ser. A.lnc.,6«,1917...MAS
eS**;
Sew River l«t 6«. 1932
•-A..
Mem. Div.. Istds. g., 1951.I4D
1-i
2d M., Ser. B. lnc.,6.^,1917.. April
.21
Impr. A Extra., 68.1934.. ..FAA| iio
lad. D. A W.— Gold, 58,1917... AAO
Mioh.Cent.— Con8ol.,7s, 1902.MAN ISm;
AdfuHtment 78. 1924
Q.-M.I 112U >••••
2d HI. Inc. ris, 1948
50
1*'"^
't
JAJ
Conaol. 5s, 1902
E.inlpmont, 58, 19J8
MAN
> .*•-•
1Ind. Deo.&Sp.— l8t,7s,1906.A43 II10114 105
lat M. on Air Line, 88, 1890.JAJ HO214 L02>i
Ciinv. deb., 68. 1894
Ind'polisASt.L.— l9t,78,1919.Var. 5114
ttfli*
AlrLlne, l8tM., 98,guar...MAN Jl04 lO*"*
Clinch V. D., lat eq 58,19.^7 .M
Ind'apoUsA Vin.— 1st, 78,1908.FAA lis
121
68.1909
Norf k A Petersb. 2d, Ss, '93 J ..
- » • ••-•
MAS;
2d mort.. 6s. g., guar., 1900.MAN 104
115
58. coup., 1931
Bo. Side, Va.. ext. S-6-3a.'0O-l9iiOi IQMt ••••••
MAS
104 >«
Int. A Gt.NonU.— lst,es,1919.MAN 104
KalamazixiAD.H..l8t.88,'90.MAN vlOu^i 101
2dM.,ext..%.68,'90-1900| lot
do
,,
63 <«
2acjup. 68. 1909
-...«
MifeS
J.L.A8ag.North Ext.,8s,'90.MAN'
3dH..68, 'gs-lgOO.J.^! 1'1-i
do
lonlaALan.sing— l8t88,'89. ..JAJ 5100 iooii
1:8
do
Con8.l8tM.,88,'91.MAS ;107V107%
Ta.ATenn..4th M.,8«. 1900.
Iowa Ont.— 1st g., 5», 1938. .JAD 83
extendwl 59.1900
do
68,1891
do
MAS 10 »>«!...
I'aFalls A 9.C.— l8t,7s,l917.AAO §132is 133
Joltet A N.Ind.,l8t,78 (guar.M.C.i 120
NorthPenn.- l»t.78. 1896.....M
117
98 101 ; Gen. mort.. 7a. 1903
Jaoksonv. S. E.— let, 68,1910.. .JAJ
Midd. Un. A Wat Gitp-lst..^s.l911
100
76
V
Gen. mort.. 6e, 1912
81
Debenture 69, 1901
JAJ
2d 58. quar. N. Y. 8. A W., 1-I9S
98
Cli. P.ASt.L..l8t,58.g.,192S.MAS
Mil. L.8h.A West.— 19168,1921. MAN 123>s;128
;Northeaat.,8.C.— lat M.,8a,'99,Jl .
100 ij
Litcli'ld C.A W., lBt.6s,1016.JAJ 100
.MA.- l'^3
Conv. deb. 58. 1907
2dmort.. 88. 1399
FAA 10j>4 104
100
Louisville A St. L., 58, l92r.AAO
JAJ, 193 ibi"
Ext. A Imp. 8. f. g 5«, 1923. .FA.A 103i(i:i01
Consol. gold. 8«, 1932
J'effersou— 1st 3?, guir. Erin ..1909 lira"
Northern. Gal.— l8t. 6s, 1907..JAJ'
Mich. DW., lat. 69. 1924
JAJ 117
ill5?i
116><[
Jett. Mad.AInd.— l8t,78,1906.AAO
Northern Cent.-4<aa. 1925. .AAO; 110
Ashland Div., lat 69, 1923.. MAS I16's;i22
AAOl lU
2d mort., 78, 1910
Incomes, 68, 1911
JAJ >122 125
MAX loe^^'ioe^ 2d mort., 68,1900
;i08
Kanawha A O.— 1st ds. 1936 .J. A J
St. P. E.A Gr. Tr'k, l8t,gaar..68. 104
Con. mort.. 68. g. coup., 1900.J AJ
Kan. C. Clinton A Spr.—lflt,5s,1925 loo 100»4 Mil. A No.— lat, 68, 1910.... JAD io7>s 10s
Mort. bda., 5B,192fl,aerleaA JAJ lll^'....-.
1111,1
120
Pleas. Hill A De Soto, Ist, 7a, 1907 113
aerlea B
lat, 68, on extension 1913.. JAD lOJ-ado
JAJ 121i«l......
Kansas C. Lawr. A So. 1st, 6s. 1909 104 104i«:,Mlnu'p. ASt.L.— Ist, 7a.l927.JAD 92%
Cons. M. Oa.,1904.....
E3>a.
Kan. C. M. A B.-lst, 5h, 1037. MAS
991a 99^8
Oon.mort.stg. 68, g.,1904...J*J e:i2 114
lat M., Iowa CltyA W., 1909.JAD
'«
It
52
K.C.St.Jos.A C.B.—M. 78,1907. JAJ 122^4 123
UnlonUK.— 1st, la.eud. Ciut..'95 110
JA.I
2d raort., 7s, 1891
120
Nodaway Val lst,7s.l920.JAD 110 112
North.Pac.-Oen.l«t. «9. 1921.JAJ
8oathweat.Ext.,lBt,78,1910.JAD
to
K.C.F.3c.AMem.-lst.68.1928.MAN;in4ia 115
Gen. land gr.,2d. «•• 1933.. .AAO I14i«115
PaclBo Ext., lat, 69, 1921.. AAO
103
>i
Current River, 1st. 5s, 1927.AAO §100\ 101
Gen. lun 1 gr., 3d, 69. 1937... J.»D
JAJ 5J
Imp. A Equip. 6a. 1922
103
K.C.Ft.ScottAG.— l9t,79,1908JAlJ 5ll7 118
Dlvld-ud acrlpext.6s, !• 07.1 v
Miutfp. APac, iHt, 53. 1936 JAJ
Ii
92 •«
Kan. C.Wy.AN.W -lat 53.1935. JAJ
PenD'OrBUleDiv.,6e.l;'
'Minn. 8. Ste. M. A Atl.-lHt,39,l'i26
oi ..••..
06
Ken. Cent. Ky.— Gold 49, 19S7.JAJ
Mo. DIV. 6k. 1919
IMlnn. A N. W.-lat, 58. 1934. .JAJ, 94
...«.
'i
Jamea Rlv.Vur — •-!
KeokukADes M.— l8t.5»,guar. AAO
1021s
Mias.ATenn.- lat, 49, 19",2 ..JADi
... |l09
Kings. A Pfmb.— Ist, 68,1912. JAJ
Spokane .V V
Mo. K. A Tex.(,'on9.78.. 1904-6. FAA "93H 94
61i«
.•1\
123
St.P.AN.>r.r
Lake E.A Wci.t.-lst.B.,5s,1937JAJ 113
ConsolidHted 69. 1920
JAD 61
1-.
Lake Shore A Mich. 80.—
JAD 5b^ t)7t\ IlelenaA Red.:....
Consolidated .59, 1920
.„.„
VO
Dul. A Man., lat. ba. 19.16.. .JAJ
CI. P. AAsh.,new7s, 1892. .AAO
l8t,68.g., 1899.(U. P. S.Br.lJAJ
Dak. Ex'.. 1st 8.f. 6a. 1937. JAD 106««
BkH.A E., new bd9,M.,78,'98.AAO
Han. AC. Mo.,lat 7a, K..'90.MAN
>«'
101
i'ii"
N0.P.1C.A Mon.. l9t.69. 1938. MAS
Det.Mon.ATol.,lst,7a,1906.FAA
Mo. Pao.— Coneol. 68, 1920.. .MAN
Coeur d'Al..l»I,g 6«. 19l6.MA8j 110 1......
Kal.A Wh. Pigeon, l3t.7s.'90..JAJ
P8C.ofMo.,2d 78,1891
JAJ 103
do Gen. lut g., 69, 1933. ..AAO! lo7 107>a
Dividend bonds, 78, 1899. ..AAO
FAA 101^ 102
Istexc. g. 48. 1938
i'*
'i-i ^i110
lat
Cent.Waah'n.
1893
AAO
I..8.AM. S.,C0U9.,cp.,l8t,79.JAJ
B..
lat
69,
g.
Car.
.... 113
MAN iis" r.fi North. Pao. Ter. Co.
do cone.,reg.,l8t,78,1900.Q—
3d mortgage, 7a, 1906
II
1113
100
lat>:
NorWhAWor.—
1917
5p,
MA3
eold,
do cons., cp.,2d.7s,l^'J03.. JAD
Truat,
\ 103
Ogd'nab'gAUCh.— 16. .1.:
Verd.V.Ina.AW.,lst,5a,I926VJAS
do cona., rcg.,3d,7s,1903. JAD
!Ul%
.M
1890
fund,
8a.
Blnkiiut
Val.,
U',53.1926.JAJ
Mahon. Coal KK.l8t,59.1934.JAJ
0.
Leroy A
A
Consol. ,68, 1920
Iiehigh Val.— l8t, 6s, 1898. ...JAD 115"* 116
MobileAO.— lst,g'd,69. 1927.JA.> 113>«'
i2l«
55
5j3g
1920.
6a.
Income.
1939
..
mort..
48.
.....MAS
8d mort., 78, 1910
Gen
MAS
Ohio I. A W.-lat pld.5s,1938..li J: luu ......
Ist Extension 69. 1927
Q->I
Gen. M., 6s, g., 1923
JAD 13i
Q-J,
71>I
1938
59,
debentures...
lat
100>»
preferred
lat
Lltclif.Car.AWest,latg.6^.'16JAJ
45
41
iJJ
2d 5a, 1938
8t.L.A Cairo— 49, guar.. I931.JAJ
h. Miami— Kenewal 58.1912.. .MAN
12i> !l2J
Ind. Bl. AW.— lat. pt..7a. 1900.
.Morg'n'sLa.ATex..l9t,e9,1920JAJ
L. Rock A Ft. 8.— 1st. 7s, 1905. .JAJ
Ui»'
Conaol. Inc. Trust rec
AAO
Little n.A .Ueiii.-lst.53,1937.MA3
1st mort., 78, 1913
Ohio A Mlaa.—Cona..i>.rd.7a,'9a JAJ I20i« I20>a
Long Island— I8t -M.. 78, 1898.MAN
Morris A Essex- Ist, 78, 1914 MAN
11M>»
JAJ;
Cona. mort., 7a, 1898
FAA
Ist consol. 5s, 1931
2d mort, 7a, 1891
Q—
AAO ,24 |1|3
2d mort.. 7». 1911
JAJ
Oonr. bonda, 78. 1900
Gen. M. 49. 1938
JAD
J.l:Il
91
1932.
AAO
General mort.,7s. 1901
N.Y.AK'ylJ-ch,l8tg.'.8,1927..MA3
Iilv..7s 19<'
JAD| ,„_
Conaol. mort.. 7a, 1915
2d mort. inc., 1927
S
...:io3
— l»t.39,
Nashua A Lowcll-6s, g.,'93.PAA 5}07
N.Y.AMan. Beach, lat 78,'97.JAJ|
FAA.JIOS
N. Y. B. A M. B..l»t con. 08. 1935
58,1900
.09
,1931. ..J..
Brook. A Mon.,lste3, 1911. FAAI
Nash v.Ch. A St. L- 1 St 7a. 1918 JAJ J'^b
JAjl
2d mort. 68, 1901
l«t5s, 1911
M&3
:?l
.'.'.'..'.'.'..
^j7.
Old .......y
Consolidated golrl .I9. 192S AAO
2d, 5b, 1933
JAD 107 109
.13>«
IiOU'T.C.A Lex.— l8t,78,'97 JAJiexi J 1 14>4| ll.j'a Naabv.A Decutiir-l9t,7».1900.J.U
M
7a, 1894
Natchez Jack. A Col.— 1^'. 6». Iwl.'
2d mort., 79, 1907
AAO 5120
10
^
4i««, 1901
4.^.
lat.
N. J. Junction,
L3u'v.Ev.ASt.L-lst.6s,1920.A&.)5llO
:d«
41*9. 13!»7
N. J. AN.Y.-l8t. a<.
2d mort.. 2-68. 1936
AAO 4 62
4a,
1933
6^
lai,
R. A E. Div.. l9t, 6a, 1921.. JAJ 5-09
iN. J.Southem—
;Si
Boat-C.AFItcBb ,lat.7a,'3
N. O. A Gulf.— Ist. «9.
Loai9vllle A NashvilleB.C. F. A N. B.. .%9, 1910. .J.
N. O. A .Vortheast.-Pri.'
Cons. Ist, 7s
189S 119
:U
.J
N. 8«<ironI Bit., 7a. 1394
N.Y.ACan.-£.\f.,69,.:.,
CeolUan Br., 78, 1907
>IAS 113
-!- i- H' '7
7JHI
Omaba A N.V.C.A Hud Rlv.— Eti .1
Loula. Cln. A Lex., 6a, 1931. JAN 109
Orange I:
Mort., 78. coup.. 1903...
Mem.A 0.,stl., M..7a, g.,19J.JAUlel22
Oreg.AC
1904
""
Debenture .5a.
M.AClark9V..8t'g,68,
„,_ .g.,190.! FAA cll5
"
Oregon A i
Sterling raort., 6a, g..
H. O. AMobile. let ba, 1 /JO.JAJ 119
Oaw.ARoino—
do
2d,0a, 19JJ ...JAJ 106"3 io;i« N. Y.CUlo.ASt.L. — l8t.
Ox.ACiork.— !h
N. Y. Elevated.— let. 7Pensacola Dlv.,l8t,6 ,.t920..MAS 103
lat Int^r-'t
U^
L.iVs" N. \. A GreenWd
Bt.LouisDlr.. 191,08, 1921.. MAS 117
8
Panama
65
2<l mortgage tnoome, Ua
63
do
2d., 3a., 1980. MAS
131
Biib-ibb
7B,oout>..l900.MAS
N.Y.AHarlem—
Rash. A Ueo., lat 78, 1900... JAJ 124 123
li9 IPean.Kii. ........:
69, 1921.JAJ 133
E. a. ,K N., Ist 68, 1919
JAD ll4>s H5i« N.Y. Laok.A W.-lat.
mort., tia, 190.>
FAA lis lttt>f Cons,
«*rn'l mort., 68, 1930
JAD lU^illSis 2nd, 5a. gnar, 1923
" H—
Collateral iraat, 4i«9, 1913 .JAU;
N. \. Lake Erie A Western
Bo.ANo.Ala., S. F. 68,1910AAO 107 -i
>
JAD ivilr:::
191
da,
Conaol.
IsaT.MAN
1184
79.
Xrost boud9. 69. 1922
Q-M 113 114S lat .M. extended.
107
...g.-J
FeuQ. Co.,69.
2d mort. p\ienil'd.')9.1919..M.V.'i 113
MAN 104
Ten-forty 68. 1921
lis
lit
ii.JAJ,
1~
do
113
lUia
1923..
MAS,
3d M. extended. lSi9.
60-year gold, Sa, 1937
MAN 103
117V......
96.J.*i)
Penn.A N.Y.C*
101>«
4th M.,cxlondBd,5:<. 1920. .AAO, 113 ,119
Col. tr.,gjld, 59, 19J1
.MAN
J-i.
mort.,
7a,
19«W
lat
10^14
lo3
ta,
192a.JAD|
5th M, extended,
Penaa. A Atl.— l8t,68.gu,'21. FAA lbs' 105
A.v
I4II4
A Rlt. con. 5a.l9i9 .»
MAS!
lat cona. .M., 7b, g..l'.)20
y.19h.F.A3.l9t gd g .'>a, l9u7.FAA 100
FrmolLfork
t
la
|OMp«aoSi
loa.
Lou
«Ib
Interast.
accrued
JPiuolUMer alao pay*
•Prices nominal; no late transaotlona.
.

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.

THE CHRONICLE.

794

LVoL.

XLVin,

GENERAL QUOTATION'S OF STOCKS AND BONDS—CojfTiNUBD.
For Bxplanatlona Hee Motes
Bid.

Kailboad Bonds.

Pens.A Atlantlo-let, 68,1921. F&A
Peo. Dec. & Ev.— iBt, 6s, 1920 J&J 109
M&N 73
2dmortgage, 5e, 1926
EvanSTille Dlv.,lst 68,1920.M&S
110
Peo.<S( Peklu Ur -l8t,6B,1921.q—
MAN 65
2d mort 41*8, 1921
PerMomen— l8t aer. 5b, 1918 iQ-J 103
Q.—
2deeue8 58, 1918

Ask

75
108

.

.

PetersburK -ClasB A,
Class B, 68, 1926

58, 1926. J&J

72
102'

lf9

A&O 106 >4 107H
133
Plilla.&E.-Geii.guar.,68,g.,'20.J&J el31
A&O 115
General Ss, 1920
A&O 102>4
General 48, 1920
Sunb. &Ene— let, 7b, 1897.. A&O
Phlla. & Read'g— iBt, 68, 1910.J&J '127%
A&O 112
2d, 78,1893

Con8ol.M.,78,1911 , reg.& op. J&L> 136>4 137 's
J&I' 122
ConBol. mort., 68, 1911
ImproTement mort.,68, '97. A&O 105
\02hi
BerieB,19V2....M&N
GonB. 5s, Ist
15
Deferred income 68
83
8338
...F
iBCprel. 1dc.,5b, gold, 1958.
6e»fl
2dpref. inc., 58, gold, 1958. ...F
55h 55»s
Sdpref. Inc., 58, gold, 1958... F
53
3d pref., inc., convertible
J&J 93'8 94
New gen. murt., Js, 1958
Ooa1& I., guar.,78,'92,ex-cp.M&H
rUla. Wil. & Bait.— 6a, 1892.. A&O il02 103
A&O 1(9 I0914
68, 1900

J&D
68, 1910
M&N
Trust certB. Is, 1922
J&D
Pine Creek- 68, 1932
Pltt8b.C.& 8t.I-.— l8t,78,1900.F&A

U5

106

103 >4

118
PJtteb.Cl.&Tol.— Ist, 6s, 1922. A&O
Plttsb.&Con'Usv.— l8tM.7a,'98.J&J iie'^ 118
132
Sterling oonB. M. 6s, g., guar. J&J ,130
Plttsb.Ft.W. & C.-l8t,7s,1912 Var 153
J&J llt^a 14b >«
2d mort., 78, 1912
A&O 130
3d mort., 7b, 1912
J&J 110
Plttsb. June. 1st 6s, 1922
&Lalie
E.-2d,58,
1928
....
Pltteb.
Plttsb.

McK.& Y.—

1

8t,68,l932.J&J

115>i

Pltt«.Pain.&F.— I8t,g.,c8,l 91 6J&J
Plttsb.

& West,— iBt,

48, 1917. J&J

Y. & Ash.- l8t,58,l!>27.M&N
Ashtal'Ula & PittP. — Ist 68. 1908.

Pitto.

87'«

109'

Portl'nd&Ogb'g— l8t6B,g.,1900J&J Sll8
P«WtEoyal&Aug.— l8t,68, '99.J&J ^106
J&J 40
Income mort., 6a, 1899
Ports.Gt. F. & Ci n.-4'ss, 19:i7.J&D 102 K
90
Pres. &Aiiz.C.— Istg 68,1916.J&J
J&J
2d inc. 68, 1916
Prov.& Worses.— iBt f8,1897.A&0
Ben.&8'toga—l8t 78,1021 oou.M&N 160
Kloh'd&Allegli— l8t,Drex.ricelpi8 61 h
3314
2d mort. 68, 1916, trust leceipts.
Elcb. &Dauv.-Con., 6s,1890.M&N IOH2
J&J 118
General mort., 6b. 1915
A&O 104
Debenture, 68, 1927
A&O
Con. gold, 58,1936

& Petersb., 68, 1915. ...M&N
aioh. York R. & Clies., iBt 8p, 1891

Rloli.

2dmort.,

68,

M&N

19C0

mcb. & West Pt.Ter.,
Col. trust, l6t,Bp,

US

M&S

103
96

152

6b
31
iigii

106
94 14
119

1121s

103

f s, 1897. F&A

1914

120
108

88>s

Some & CarroUt.— 1st, 6s. g., 1916
Eome &Dec.—lBt., 68,1926. ..J&D

BomeWat'n&O.—8.F.,78,1891 J&D lOl Ss
2d mort., 78, 1892
J&J 108
ConBol.. exended 58, 1922.. A&O 111%

105
102»t

89
95

.

Nor.&M.-lst

gu.,g., 58,1916

111»«

A&O

EW.&O.Ter.— let,gu..g., 58,1918.
Bntlanu— l8tM.,6s, 1902. ...M&N aii«.

II214

Fi:A hoo>4 100 1«
Kqnlpment, 2d 58, 1(?98
BtJo.&Gr. iBl'd— lst,giiar.68,1925. 106 lOOJ,
35
41
1925
2d mort.. incomes, 5s,
90
Kan. C. & Om. Ist 58, 1927.. J&J
114
M.,
7s, '94.J&J
BtX-Alt.&T.H.— 1st
2d mort., pref., 78, 1894 .... F&A llllj 112
M&N 106 107^
2d Income, 78, 1894
41
45
DlT. bondB, 1894

117
108
100
83
St. L. Souih., Isr, 48, 1H31..M&S
do 2(1, iucume.^8,1931 ..M&S 40
8t L. Ark. & Tex. Ist 68,1936.M&N 82
F&Ai
2d mort.. 68, 1936
35
etL.&Cliic.— l8tcon.08,19-i7.J&J
Bt. L.. & Iron Mt.— lst,7s,'92..F&A 108 H
M&N 108=6
2d mort., 78, g., 1897
Ark. Br. 1. gr., M., 7b, g., '95.J&D 104^
Cairo Ark. & T.,l8t,78,g.,'97.J&D 103
Cairo & Ful., l8t,l.g.,78,g.,'91.J&J 104 12
85
Oen. con. r'y & 1. g., 5b,1931A&0
•tX.& S.Fr.— 2d cl. A ,6e,1906.M&N 117
M&N 117
%a M., 68, class B, 1906
2d M., IB, class C, 1906. ...M&N 117
Kan.C. &8w.,lst,68,g.,1916..J&J 100
BeUev.&8.Ill.,lst,8.F.88,'96.A&0
Bellev.& Car., 1st 6s, 1923.. J&D
ChSt. l..&Pa.l.,Ut,g., Fb, 1917..

Pierre C.

&

Equipment

F&A
J&D

O. Ist, 6s

1895
General mort.. 68, 1931
General mort., 5a, 1H31
l«t trust, g., 5s, 1987

'

7s.

J&J
J&J

A&O

Ft.8.& V.B.Bd.,l6t,6s,

1910.A&O

dt.L.K.&So.W. -Ist 6s.

1916M&S

121
1061*
S/Si*

95
95

J&D
M&S

Kan. Mid., Ist, 48, 1937
et. L. W. & W., 68, 1919

Bt.L.Vand.&T.H.-l8tM.,78,'97.J&J

M&N
M&N

2d mort., 78, 1898
2d, 7b, guar., 1898

118
106
108
112
lU4is

& Dulutk— l8t, 58, 1931. F&A
2d mort., 58, 1917....
A&O
B».P.Mlnn.& Man.— Ist 78,1909 J&J US
2d 68, 1909
A&O 119
Dak. Ext.. 68. 1910
M&K

St P.

1933
do
reduced to 4>i8
Collat. tr.. g., 58, 1898
Minn's U'n, Ibt. 6b, 1922
1st consol. 6»,

.

J&J 121
J&J lOS's

F&A

89

J&J
Montana Ext., let, 48, 1937. J&D
Montana Cent.— Ist, Ss, 1937J&J
East'ii,Mii»n .l»t,g..53.1flO"..4AO 5ioi"'
*

Price nominal.

§

at

Head of

Pace of Qaotatloaa.

First

RAILROAD Bonds

Bid.

Ask.

2d, 78,1899

Seaboard

& Roan.— 68,

B'.

nds.

Bid.

.

M&N

113

1916.. F&A

BAILBOAD

86
West'nPenn.- 1st M.,68, '93. .A&O
89 •«
Pitts. Br.. Ist M.. 6b. '96
J&J
Registered 58. 1923
J&D
Gold 48. 1928
J&D
I15i« Wheellng& L. Erie— l8t,58,... 1926
117
Wilm. Col. & Aug., 68, 1910 J&U
Wilm. & \o.— l8t, 5s, 1907-27 J&D

4anAnt.&A.Pass.,l8t,6B,1916.J&J
do
lBt,68.ig26.J&J
88
8anF.& N.P.- lst,5B,g..l919... J&J ^
Sandusky Mansf.&N.— Ist, 7s,1909 4116
S»v. Fl. & W.— iBt, 68, 1934. .A&O 5113
At. & Gulf, con. 78, 1897 ...J&J 116
Bo. Ga. & Fla.— 1st, 78,1899.M&N 116
ibeifi

1926
J&J 107
3eat.L.8.&E.— l8t,gold,68,'31.F&A
s.f.
Tr.
rec.J&J
106
Val.—
l8t,78,
8 jloto
A&O 90
2d mort., 7s, a 1. Tr. rec
J&J
1910
70
Consol. 78,
Sham. Sun.& Lew.— Ist, 58,'12M&N
Pott.'!.-78,
cou.
1901
J&J
Sham. V.&
95
^henandoan Val. -lBt.78.l909. J&J
A&O
General mort., 68, 1921
55
llireve. & Hous.— Ist, 68, gu., 1914
Sodus Bay& So.— l8t,58,g.,1924J&J
5b, coup.,

93
so"

I

Ask.

104
110

104
120

106

Wil.& Weldon—8. P.. 7b, g., '96. J&J 117"
Wlnona&S.W.- lst.6i.g..l»28.A&0
Wlacon. Cent.Co.—lst38 1937. J&J 5 9514 951a
Incomes, non-cum.. oa. 1937
45
1514
Wore. Nash. & E.— 58. 93-'95. Var. (104 106
NaBh.& Roch..guar..58,'94.A&0 S105 10.M«
97i«
Zanes. & Ohio R.— l8t,68,1916. F&A
95

RAILROAD STOCKS.

Par.

9i«
9
97 >« Ala. Gt. South.— Lim.jA., 68,pref..
45
3
Liin., B, com
21s
li«
1»»
e
Ala. N. O. & Pac, &c., pref
14
la
no
def...
do
do
fO'
Albany & Susqueh., Guar., 7. ..100 166 178
3o. Cen. (N.Y.)— CoUBOl. mort., 58.
45
95
45 H
So. Carolina— Ist M.,68,1920. A&O
Atchison Topeka & Santa Fe.. 100
89
91
J&J
55
100
2d mort., 6s, 1931
Atlanta & Charlotte Air Line
6
9
100 106 108
Income 68, 1931
At!anta& West Point
7i«
Atlantic & Pacitic
100
7 •'8
So. Pac.Cal.-l8t,6s,g., 1905-12 A&O 11558
80. Pac, Ariz.— l8t,68,190910. J&J 107
Augusta & Savannah, leased. ..100 136 137 >a
83
85
100
Baltimore & Ohio
80. Pac. N. M.— 1st, 68, 1911 .J&J 107
124
Stat. Isl.R.Tr.- lst68,g.,1913.A&0 lli3» 116^
do
Ist pref., 6. ...100 122
2d mort guar. 5s, g., 1926.. .J&J 101 102%
100 108 112
do
2d, pref
3
toe's
100
Steuben. & Ind., Ist 58, 19 14.. J&J 108
Parkersburg
Stock. &Cop -Ist, 58, 1905. ..J&J
Beech Creek
50
8anb.Haa.&W-B.— l8t,5s,1928M&N id2
do
Pref
50
M&N
100
Bell's Gap
50 « 43''e
2d mort., 68, 1938
1(0 75
Sunb. & Lewlstown, 78, 18fl6..J&J 117
BeUevlUe & So. 111., pref
100 212 213
Su-^p. B. & Ene June— Ist 78, 1900' S112
Boston A Albany
100 lllisllZ
Syr.Bing.&N.Y.—consol.78.'06A&O 138 139
Boston Con. &Mont., pref
100 161 1162
TerreH & Ind.— let,7e,18l)3 A&O 1081s
Boston & Lowell..
J&J lOlis
100 190i« 191
Boston & Maine
C. nsol. mort., 58, 1925
95
Boaton A N. Y. Air-Line, pref. .100 103
Terre H. & I^og'pt.- I8t,gu.,68 J&J
97
J&J 921..
100 259 260
l8t and'.d, 6s, 1913
Boston A Providence
47
52
Boston Revere Beach A Lynn. .100 I.'*4i4!l541«
rex. Cent. -lst,sk.td.,7s,1909M&N
40
37
lBtmort.,7s, 1911
M&N 47 52i« Brooklyn Elevated., new
Texas & New Orleans— l8t,78. F&A
Buflalo Rochester & Plttsb
100
86
100 85
Sabine I)iv., lal, 68, 1912. ..M&S 103
do
pref
22
35
r«i. & P. Ea8t.D.lst6B,1905.M&8 110
Burlington C. Rapids & North.. lOO
-Is 10
California Pacltlo
Ist gold, £8, 2C00
J&Di S'JSs
2OI4
320
3814
100
Ine.,
5s,
2000
Mch
California
Southern..
2d gold
=8
15
Fol.A.Ar.&N.M.— l8t.68,1924.M&N 104 le 105
50
Camden A Atlantic
35
8
i7
A.&Gr.T.—
lllHi
50
rol. A.
lst,68.1921.J&J
115
do
do
Pref
55 14 55^
Canada Southern
100
Tol. A. A.&M.P.— lst,6s,1916.M&S ItO
56
57
Is
A.&Ca'l.let,68,1917.M&a 101 105
100
rol. A.
Canadian Pacific
I314
Tol. & Ohio Cent.— Ist, 58, gu.l935 103 14 104
30
Catawissa
59
80
Tol. Peoiia&W.— 181,48,191"?.. ..J&J
81
Ist pref
^0
do
Toi. 8t.L.&K.C.,l,«t,68,1916...J&D
50 « 58I4 59>a
do
2dpref
1021s
2
5
100
United Co'sN.J.- Con8.,6a,'94.A&0
Cedar Falls A Minnesota
gen. 48, 1923
100 121 122
do
F&A
Central of Georgia
M&S el08 110 Central Iowa, all assesm'tspd. .100 "12' "12
Sberling mort., 6s, 1894
"a
M&S el 20 123 Central Massachusetts
100
do
68,1901
2314 24
pref... 100
Cain. & Amb..mort., Os, '89.M&N 101%
do
100 nils 112
Ualon Pac.-l8t,68, g., 1896.. J&J 116
Central of New Jersey
48
50 47
l8t, 6s, 1897
J&J
1171s Central Ohio
55
119is<
50
ist, 6s, lb98
J&J
Pref
do
3514
36
100
J&J no's 121
1st, 68, 1899
Central Paciflo
50 57
M&S ll7i»l 117% Central of So. Car
Sink. P., 88, 1893
50
47
100
Om. Bridge, sterl. 88, g., '96. AAO el 18 124 Charlotte Col. A Aug
25
24
.50
Collateral trust, 6s, 1908
J&J 105
CUeraw & Darlington
201s 21
Collateral trust, 58, 1907
J&D 9s la
Chesap'ke & Ohio. Vot.Tr.cert.lOii
6ti4 61
Kane. Pac, 1st, 68, 1895. ...F&A iim
do
do 1st pier. 100
34
J&D loyia
do
do 2d pref 100
do IstM., 68, 1896
100 10i>4 101 la
do Den. Ext., 68,lf-99.M&N 114 I14iv Cheshire, pref
137
100 135
do Ist cons. M., 68,1919 M&N Ita II5I3 Chicago & Alton
100 714
pref
Oregon Short-L., 6b. 1922 .. F&A )14<^ l)4'e
do
'"a"
U.P. Lin. & Col., lBt.g.,58'18A&0 100
ClUeafO & Atlantic Beneficiary
52=8 •52 's
98 101
Utah Cen.— iBt M., 68, g.,1890. J.StJ
Chicago Burlington & North.. 100
Utah 80., gen. ,7b, 1909.... J&J 115
Chicago Burltugton A Qulnoy .100 :0358 104
100 42 14 43 H
do Ext,lst,78,lS09J&J 111
112% Chicago A East. IlUnoiB
98i» 991a
pref
100
Utah & Nor.— Gold 5, 1926. J&J
do
7414
74
'91.
Paul.lOO
&Bl'k
Milwaukee
&
St.
Uclca
R.— Mort., 78,
J&J 5104
Chicago
105'
1161a
pref., 7. loo
Valley of Ohio— Con. 68, 1921. M&S
do
IIII4
HI
100
Western
Ver. & MaBB.— Guar. 58, 1903. M&> C""
Chicago & North
Pref., 7.. 100 141% 1421a
Vioksb. & Mer.- 1st, 68, 1921. A&O 110
do
2d, 68, 1921
M&N 42 45 Chicago Rock Island & Pac. ..100 98i>t SS's
151s 16%
100
Vicksb. Sh. & Pac. Prior lien, 6s. el06
Chic. St. Louis & Pitts
108
38% 40
pref
100
Va.Midland— Ist 8er.,68,1906.M&S 120
do
2d series, 68, 1911
M&S 117% II8I4 Chic St. P. Minn. &Om.,com..lOO 361s 36%
,
99
98
pref.. 100
do
Sd series, 68,1916
M&H 109 110
36 K 37
100
4th series, 3-4-58, 1921
M&S
Chicago* West Michigan
92
100
99I4
98
100
5lh series, 58, 1926
M&S 99
Cln. Hamilton & Dayton
.

. .

.

.

-

Z9
41

Incomes, oumul.,68, 1927... J&J
Cin. Inrtianap. St. Louis & Chlc.lOO
General 58,1936
M&N 87H 90 Cincinnati iS. O. & Tex. Pac. ..100
50
do
guar
901s Cln. Sandusky & Cleveland
100
Wab.8t.L.& P.- l8t,ex.,78,'90.F&A 12o''s
Cln. Washington A Bait
pref.. 100
Mort., 78, 1879-1909.rr.rcc.A&0 100
do
101>s
100
2d m. 7b, ext. 1893, Tr. ree.M&N 102 >s 102-'58 Cleveland Akron & Col
"86
Equipment 78, 1883
M&N 10 2U Clev. Col. Cln. A Indianapolis.. 100
Gen., Oa, 1920. Tr. rec
48
J&D 44
Cleveland A Canton
Pref
do
Chic. Div., 58, 1910 Tr. rec.J&J 102 12 102%
do
50
119
Detroit Div.. 68, 1921 Tr. rec.J&J 127
128
Clev. A Pittsburgh, guar., 7
50
105
Con8.mort.,78,1907,convert.6—
Columbus A Xenia, guar., 8
100
1st. St.L. diT.,V8, 1889
F&A 12>i''e
Col. Hock. Val. & Tol
lOo
Gt. West., ni.,l8t,7s,'88
F&A 12v.''8
Columbia & Green ville.pier
50
1021, Col. Springf. & Cin
do
2d, 7s, '93, Tr.recM&N 102
50
Q'ncy &Toi., l8t,78, 1890,Tr.rec.
1021s Concord
Han. & Nap.. 1st, 78,1909,Tr. rec.
99
Concord A Port8mouth.guar.,7 lOo
1 00
m.& S.Ia.,l8t, 6s, 1912, Tr. rec.
102's Connecticut & Paseumpsic
100
Connecticut River
8t.L.K.C.&N. (r.e8t.&R.),78.M&8 111
100
Consol. of Vermont, pref
do No. Mo., Ist, 1895. ..J&.1 116
loO
Current River
do St. Cba's Bridge 68, 1908 105
Dayton & Mlohlgau,guar.. 3is-.50
Warren (N.J.)— 2d, 7b, 1900 ..A&O 120
Pref., guar., 8.50
do
West Chestei^Con. 7s, 1891 A&O 10f>%
100
Delaware & Bound Brook
W. Jersey & At. Ist M.,68l910M&8 itei*
50
Delaware Lack. & Western
West Jersey -1 at, 68, 1896
J&J 114>«
100
123
Rio
Gr
mort.,
7s,
1899
A&O
Denv.
&
1st
pref.lOO
do
M&N
do
Consol. 68, 19U9
West Shore—Guar. 48. 2361.. J&J 103 1091s Denver & Rio Grande Western. 100
121
WestVa C.&Pitts.— l8t,y8,1911J&J 109 109 S Di'nv. T. & Ft. W., voting eeit.lOO
1'22
100
West'n Ala.- 2d, 8s, guar.'90.AAO 102
Des Moines A Fort Dodge
Pref.. 100
do
We8t.Maryl'd— 3d eu.,6s, 1900. J AJ 120 123
do
IOOI4
8i,uthwe8t....l00
lf.t..is,1937J&J
Hili.^dale
&
100
West.N.Y.&Ponn—
1(0% Det.
Ld in., 38 g.— 56 sc. 1927... AAO
38
Det. Lansing A Northern, com .lOO
Pref.lOO
901.1
do
Warren & FraLk l8t,78,'90F&A
do
1161s W'uNo.Carollna-l»t,78,1890.M&N 102" 10214 Duluth So. Sh. & Atl
9312'
102 1»
Conaol. 6b, 1914
93
do
Prof
J&J
ibsTa

Purchaser also pays accrued

.

.

,

I

interest.

8 In

London

U

Coupon

oil.

» Prlco per sliare.

1

In Frankfort,

a

U2is
63
24>>

65
25

%

1,

1%

1%
a 31

-31a

7
28
161
189
151s

7i«

29

iVo"
16

10

2i%
138 H,
145
113
199 14
451s

29
72
159
160

24
139
155
113>a

li9%
46
30
80

14bi4 1461a
17I2 18I9

60
15

24H

25
8

6>s

15

77
47
71s
litis

22
80
25
62
8

20

In Amstoida'r.

—
. ..

.

JUNB

15,

.

THE CHRONICLE.

1889.]

795

aE.VSRA.[i QU0TATI0JJ3 OP SPOOKS AJID BO.VDS-Co»t.:«o«o,
For B»pUn«tlon« n— flot«« m W»»4 of nrO f »k«
<>««H«M«««.

t

RaILROA^D BTOCK8.

AQa. Ry 100

E. T. Va.

do
do

Bid.

pref.lOO
prpf.lOO
East Pennsylvania. 'SO
Eastern (Mass.) ..100
ilo iBt
Ilo 2d

do

I'rcf.lOO

H. 100
Big 8.100
KImiraih Wmsp't 50
Eastfiru In N.

KHz. Lex.

do

.

A

50

Pref.....

A

EyansvlIIe
T. H. 50
Fltobburif, Prof... .100

Flint* IVireMani.lOO
do
piff..lOO
Galv. Hiir. &8an An..
OeoiRia Paelflc

Ga.RR. AlVkKCo.lOO
Gr. Raj>ld8& Ind
Gr. B. W. &8t, P...100

do
Fr<:f...l0fl
Har.Por.Mt..).4L..50
Hou8. A. Tex.Cent. 100
Hniitln),'. & Br.Top.50
do
Prcf.50
nUnols Central ... 101
do leaHedl.,4p.o.lOO
Iowa Central
100
do
Pref.lOO
Jeft. M.AInd..l'd.lO(
Kanawha & Ohio
do
1st pref.
«o
2d pref
Kan.C.Pt.S.AMeui.lOO
Kan.C.Ft.S&G.pf.lOO
Kan.C.Mem.A Bir.H)
Kan.C.Cl'n & Sp'd.lOO
Kan. City & Omaha

Kentucky Cent....! 00
Keokuk & Des M..1C0
do

pref. . 100

Keotuk A West'n.. 100
King8t'nAPembr'ke50
Lake Erie AW... .100
do
Pref.lOO

USh. A

Mich. So. .100
Lehigh Valley
50

Little Miami
Little Schu'k'l

50

50
50
Lou. Evans.&St, L.lOO
do.
Pref.lOO
Loulsv. A Na8av..l0<.
Loulsv.N.A.AChic.lOO
Mahoning Coal RR.50
do
Pref .50
Maine Central
100
Man. A Law*ce
100
Manhattan, cod. ..100
Marq. H. AOnt.. .100
do
Pref.. 100
Ma'eawippi
100
Memph.A Charl
25

Long Island

Mexican Central ..100
Mexican Nat., Tr. rec.
Mex. Nat. Constr. Co.
Mlchljjan Cent
100
Midland of New Jersey
Mil. Lake 8. AW.. 100
do
pref.lOO
Milwaukee A No. .100
Mine HiU A8. H....50
Mlnneap. A 8t. L..100
do
Pref...lOo
Miseiss.

& Tenn

MlBSO'lKan.ATex.lOO
Missouri Paciflo.

lOt

. .

Mobile AOhio
100
Morgan's La.ATex.lOO
Morris A E'x, gu.,7.5(
Nashy.Chat.A 8t. L.25
Nashua A Lowell. 100
N'squehoning Vall'ySO
Sew Jersey * N. Y. ICO
do
Pref... 100
.

S.

News A.MIss.Val.Co

N.Y.Cent.A H.RIv.lOO
». Y.Ch. A St. L.ne w 100
do
Isl pref. 100
do
2d pref 100
R. Y. A Harlem
50
N.Y.Ijick.ct West.. .100

Ask.

1C»»

U

75

76
25

MisoaujLNBona.

MnoBLLAaaon.

Bid.

Pennsylvania RR. .50 < BI>t Si's TuilO.AI.— Tnn O.On
»4«t ..._ Tbon.-a. (DltrBM.100
PWlsaoolaA AtlanUo..
8%
Blr.DlT.lst.6«, 1017
I»7>« 91
do
prrt..
Peoria Deo. A EV..100
25
WUteb'tt Fuel- (!., 8« 101 •«
Ttama.-Hoas.MT't, . ..
58
Petersburg
100
Wro. V>l. Ooitl lit ei.
Carton On . preM 00
91
90
Phlla. A Erie
50
Qeneral 8f
W«ld<ncOo
too
Phil. O.-rin. A Nor..50»I27
125% 126
nUO«I.LANIIOOS
D.aaaetr(aOa..tOO
48i« :48^
107
e'hna. A Read. cert. 50
106
arocKi.
U.S. IllnmlnatCVt.lOO
Piilla. A Trenton.. 100 ......
Amer. Bank Note Oo..
41
Wss'lngbouse El. U.'M
Phlla. WIlm.A Balt.50
66
6e>* Am. Oun.A Dred. Oo.
TBiirr cots
Pitts. CIn. A 8t. L..50» 17
Aaptnwall Land
10 "1%
Am. Loan * Trast.100
9U
96
Pitts. A Connell'e..50»
93
BoetonLand
10
6% AtlaBtle
too
P1tt8.Ft.W.*0..iraar.7 158
69^1 70
Boston Water Power.
e% Brookira Tmst ...100
30
Pitts. McK. A YOU..50 » 55
28
Brookllne (Miui.)L'd5
»
Onntral
tOO
2S
2t5 25*4 rarmeri'Loaa * Tr.SS
Branswlok Oo
96H 98 >s Pitte. A Western ... .50 25
42
Prof...«0
48 >. Oan ton Co. (Bait.). 100 46
do
48>«i Pmnklln
100
15
14
PI!t8.Voung8.AAsh.50» 30
32
Oontlnenl'l C .n.AImp.
Holland
S»
100
I2*4>« Oev. A cm. Bridge, pf. 175
193 199
Port.Saco APorts.lsd « 124
210
Knlekerboeker ....100
5
8
5
Port Royal A Augusta
Baat Roscon (.and.
V
Long
4>e
%
Island
100
77i«
7i«
79
Frenchman's Bay Ld.
5^ 6>« I'jrts.Gt.F.ACon.lOv
7% Manhattaa
30
18
198
Kens. A Saratoga.. 100 190
Henderson Bridge CO.
Mereaotlle
100
19
1»
20 >i Keeley Motor
Rich. A AUeg., cert.
35
8%: Metropolitan
100
10
120
Rich. F. A P., com. 100 US
Manb'tt'n B'cb Co. 100
9
10
Naaaaa
too
214
RIohmond A P'b'g.lOO 105 lOS
2«9 N. Y. Onar. A Ind..l00
18
Maverick l^nd
10
26 ^ 26
I9>« 20>t N. Y.UfeATnurt.lOO
46 H
Rich. A West Point 00
Maxwell Land Grant..
6i<'a 84 If Ut. Oea. A E. 8. Land. 5. leax 1-87 N.Y.SeonrttyATr.lOO
116 117
Pref ...100
do
87 "a 88
98
Richmond York R.AC. ?0
N.B. Mtc. Seour. Bost.
Union
too
105" N. Y. Loan A Impr't.
50
9>t RimeW. AOgd...l00 104
United States
lon
16
4
„3%
55
100
Oregon
Improvement.
Ritland
N.T.
5'
BB>KLT!t
89% 4U
90
75
do
pref
95
70
do
Pref., 7.. 100
100
BBS.
Oregon Ry.AN.Co.lOO 97
98
(See Local SeeurUUe i»
St. J08.A G'd Isl'd.lOO
l>s
49
48
85
35 <•
8i.Loul8Alt.AT.H.100
PaoUlcMallSS.Co.lOO
Chkokiolb eaeh M'fc.
Pref.lOO 100
Phlladel. Co. Nat. Gas.
75
txeepi tMrd afmoiUkl
2^
do
S
UAS STOCKS.
St.. L. Ark.A TexaslOO
Pipe Line Certifluates.
88% 84
76 >s 77
ItSi*
IS9ia
Bait.
Palaoe
OonsoL Gas, JTm*
139!^ 140
Pnllm'n
St. Louis A Chloago.
CarlOO
25
25 >S East Boston ....
Ban Dii'go Land
50
51
pref
do.
25
5
<110
115
Sooth
8t.Louls
B'dge,
Boston ....100
30
1st pref
36. L. Van. A r.H
2i
2W% 2d pref. eertltlcatea. e55
57
Brookllne. Mass... 100'
St. IjOuIs a San Fr.lOO
62
115
Cambridge, Mass.. lOOl
St. Louis Tunnel RR.. «110
45
100 61
30
do Pref
75
0Iielsea,Ma8s
St. Louis Transfer Co.
10
do 1st pref.lOO 112 114
lOOi
3
31
37
Jamaica Pl'n.MasalOO
Union Ferry Co. ..100
17
S-,. PaulADuluth.lO<i
85
90
Lawrence, Mass. lOO'
40
Union St'k Yds.ATr.Co 114 120
20
do
Pref. 10
31i« St. P.Miun. A Man. 10' 102
127
Lowell
1021a Wagner Palace Car Co. 124
100
5
10
We.8tEnd Ijind (Bost.)
18'8 19% S'Joto Valley
50
281a 28*4 I^nn, Mass.,0. L..100<
Maid.
A Melrose. 100'
60 \ 61
Siab'd A RoanokelOi
GOAL
tc ini.MIVtl
3
Newton A Wat'n ..100'
lo7 10: i« Srath Carolina. ...10(:
STOCKS, N.Y.
34I4 34%
!8alem,.Vass
lOOl
.-3% 54
American Coal Co.. 25
Southern Pao. Co. .100
129
130
Brooklyn, L. 1
25
CahabaCoal
18.; >«
8'west..Ga.,g'd,7.10<
10
8I4 Cameron IronACoal50
8
Cltliens'. Brooklyn. 201
.3214 33
7014
Suin-jilt Branch.Pa.SO
Fulton Monioipal.lOO
Colorado Coal A I 100
28 la 29
35
94
dnnbury A Lewi«t..50 54
85
lo OoL AHock.lOO.CA I
IH
Metropol., B'klyn 100
16
24IT 25
Terre H. A lnd'nap.50
21% 22 Consol.Coalof Md.loO 22
27
Nassau, Brooklyn ..25
36
35
Texas A Pacillo.. 100
8I4 lOia People's, Brooklyn. 10
17
17
Homestake Min'g.lOO
7178 72>e Tex.Pao Laud Xv'l 100
2^18 Lehliih A Wilkesb.Coal
27
WUUamsb'g, B'klyn 50
44 ij] 46
rol. Ann Arbor A N.M
31
CliarIe8t'n3.C.,Oa8.25
Marshall Cons. Coal
42
Tol. A Ohio Cent'1.100 "i9
50
16
52
Chicago Gas Tmst
13
Maryland Coal
110
Pref.lOO
100
108
do
131a
anctnnatlO. ACoke.,
Mian. Iron Co
100
121 123
Tol. Peer. A Western.
14
10
15
Hartford, Ct., O. L..25,
New Central Coal 100
Tol.8t.L.AK.Clty..lOO
214 216
32
35
Jersey C.AHobok'n 20
N.Y.A Perry C. A MOO
pref.. 100
100 101
do
39*
»23l
People's,
34%
Jersey C
Ontario
811.
Mln'g.
100
16
14
RR
AC.
Co.
100
N.J.
O.
Lonlsvtlie O. L
Pennsylvania Coal. 50
9.5 >4
100 62''9 63
96H Union Paciflo
31
7%
MempbtsOas
e>«
QoloksUver
Mln'g.
100
Central
100
Dtah
39i« Central of N.Y
38
50
do
pref.lOO
69
UticaABlackRIv.lOO 125
65
Consolidated, N.Y.lOo
391a 50
14^8 15
Vt.A Mas8.,l'sed.6.10O I3m 1311s Tenn.CX>alAIronColOO
31
37
do
pref.lOO 101 la t08>a Equitable. N.Y... 100
Virginia Midland 100
16% 16 'e Whltebr'st FnelCo.lOO
Mutual of N.Y... .100
2G
(VahashSt. L.APac.l00
21
Standard Oas, pref
30% 301a Wyoming VaLCoal.IOO
Pref.lOO
do
901s 92
N. Orleans G. L. ..10i>
8XPUBSS
ST'CKS
Warr'n(N.J.).l's'd,7.50
32
8Jia Adams
PittobnrgOasCo...50
88
100 143 1C2
93
W. End pref. (Bos.) 50
117
66
115
PorUand. Me.. O. L.5i'
American
1*
100
117
50
Vest Jersey
91% 3t.Lonl8Oa»Tra.-t.l0<
90
49
United States
100
75
40
^'est Jersey A Atl. .5C.
146
141
Laclede, St. Louis. 100
12
15
Wells,
Fargo
Co.
A
100
Vestern Maryland. 50
71
San Francisco Oas ..
10 >a
STOCKS
i\ 4's; West. N.Y.A Penn.lO
<•
99%!
Wash'tonatTO. L.20
7018
59
71
Amer.Cotton
Oil
Wheel. A LE.pref. 100
9
niNIIfO STOOKA
Cattle
vVll.ColvunbiaA A.lOO loa
92
60>8
59'9
(N. Y. A SAN. FBAN.i
121
Chlcsgo
Gas
li>« 10^ Wllm.AWeldon.7.10<i
35
lyie Distillers'
Adams Cons....
33
19
7614
Visoonsln Central 100
5S
Amador
98
4S
50
Linseed Oi'
Pref. 100
do
li^a 13%
29% 29>a Amerioan Flag.
NatinnU I>ead
123
Wir.Nash.A Rooh.lOi 124>a 125
170
Alice
168
Standard
Oil
151% 151% CANAl. BONDS.
IOC
83
Suvar Rettiierles Oo . 110 110>4 Alta Montana
97 s 99
Clies.ADel.-lit, ''is.'ie
Astoria...
>«
Oil. AH.— 7s,'91.JAJ 108
1893j 190
27
Barcelona
20
109
Amnlcan
DLttri^t...
.MAN
53
1891.
1st ext.,
Bassick
871* 89
lAmerloan Tel. A Cable
1
Coup. 7s. 1894. AAO 116 117
10
95
BeUe Isle
90
148
Atlantic A Paoitlo
10
l8t Pa.D.op.,78,MAt' 147%
Be-t
A Belcher
199
110
Am.
Cable
Cent.
A
80.
14
Lehigh Nav.- 4ias, '14
100
Bodie
14
114
Uommerclal
TeL
Co
'97.Q-F
109'< 109%
RR. 6s, reg.,
S3
Breece ....
100 25
FrankUn
18% IS-v Oonv 6s,g.rg.'94!rfA.- il5
Brans wlek.
100 98
(}old A Btook
73
71
68,g.,op.ArK..'97JAl
100
Bolwer
224
12618
100
Mexloan
39
Cons.M..19117sJAl'
38
Caledonia B. H....10U
iMntual Union 68
.. 103
Gre'u.Tr.7«.'92.FAA
2»2
Cal'm'tABecla(copp'r)
N'west..
7s.
1904
JAJ
IIS
Leh.C.AN.,4ia5.1924 ioo's
115
Cashier
50
PaclHo A Atlantic
28^ 281a Penn.— 6s, coup.. 1910 77
21>t

_

:

'

1

I

.

*
HOBS8

,

•-

:

M M
s
u

50
ftS

T

^^•.

»7»
•75
700
•06
200

'•••'*

^

70^
I4>i

175
115
•25
210
\iO
110
•00
170
8SS
•75

240
180
>•••>>

•••••

;

I

45% 49%

. .

40

. .

I

:

.

181
l.'M)

"*''*

im

31S%

.<6%

2M%

25
170

.

•*
ISO

128

42% •0
99

88% •9
129

.

9m

189
1:0

21^
160
125 >«
1«2
lu 119
1131a
108
69
125
1..8
90
110
74
78
US 121
22

'

.

iOi*

105
180
115
159
148
214
156
125
160

. .

3m

129

9698% ».%

89

'

80

!

•U

.

I

TRCST

•0%
44% 44%
60

,

l-Oo

,

HM
WJ
13v

•JO

•15
•55

>o

TBLKGRAPH.

t

-30

!

3-90
l-.'O

-29

>

8-09
___
<>•

.

S.Y.L.ErieA West.lOO
Postal T. Cable, new.
71
CAIVAI. STOCKS,
70
do
Pref.lOO
A Atlantic. 25
A N.England. 100 48 "^ 481a Chesapeake A Del...50 146% 147 V| Bouth'n
Western Union.... 100
Del. A Hudson. ...100
do
Pref.lOO 11S>3 119
51>8
M. AN..
1900,
?•,
50
N.Y N H.A Hartf.lOO 260
Lehigh Navigation..
83
Oiillat. trust, 5s...
23
N. Y. & Northern, pref
22
Morris, guar. 4 .... 100 »• ••neiiEPiioNB.
IS
pf:,guar.lO..10O»l9*
do
N.Y. Out. A West. .100
IT'e
100
American Bell
TIlSC'l.I.A.NKOCJ»
». Y. Ponn. A Ohio ...
AmcrlcAu Speaklog.
BONDS.
12
S. Y. Phil. A Norf.lOO
,,,,,. US
arte
Amer. B^llTel. 7»,'98. 5}}*%
N. Y. Prov. A Boston.
BodsoD River
H.Y.Susq.A WesfnlOO
9S 91. Am.W»frW.Co.,lst.6« I'O
Mexican
34''8 35 >«
l.<t,con.58,19a7.JAJ l-.do
Pref.lOO
104
s
N.
Y. A New Jereey...
^'om
68
Co
Birmlnp. E(iulf
2
N.Y. West Shore A B.
New England
17
CahabaCoal,l.»t,78,'07 112
16
Norf.A West,, com. 100
N. England
100%
d<m(hern,
100
.'3%
Chlc.G.L.AC.lBt,5«,'37
53
do
pref.lOO
10
»i\ 99H Tropical
87
Col.CoalAIron— l8t.6s
Wo. Pennsylvania.. 50
ELECTRIC
97
100
Northern Central. .50
721a 74H '.AIL C.AIr..6*.19i7 106
STOCKS.
LIU
103
fO
Eq. (i. A F. Chic. Ist.Os
43
Northeastern
.50
Auglo Aiu K L..Mfg.lO
1501s dackens'k Wat. l8t,SB
North'n N. Uamp.lOO 150
100
Brusll, Bait
i'id
2B'4
Hend'uBrl<lKe6s,1931
29
North'n Pao., com 100
Brush Eiec. Light.. .50
86
OTig; Iron Steamboat Co. Os
66
Pref.lOO
do
100
Va
niumlnat'K
Brush
88>8 89
180
M.ix\v'llL.U.pnorl.,68
5orw.<» Worcester. I uo 178
100
29>s sola ConaoUdalol
[ucome
i% 6
Ogd. A L. Champ. ICO
103
Daft EUc. Ll<bt .100
Or. Imp., Ist, 6«. 1910
Ohio lud. AWest..lOO
i>»ft Kleo. Power. 100
I13>a
100 23% 23^8 Or»g.R.AN.lst.6s.JAJ 103 ••
Ohio A Miss
lOJ
Con. 5s 1925 J.AD..
90 100
Pref.lOO
do
I'.liimlaat-.IOO
Ocean SS.C<>.,Iatguar. 102
100
131a 15
Ohio Southern
.loctricOo.....
Peo'»O.A.C.Chlc.2d.68
Old Colony
100 1741* 175
riitlon Co ...
Ki)
phiW. Co. 1st, s. f.. 6s.
100
Omaha A St. L
3paiil-<h- \nwr. t.. A P.
9s>e
PougUk'sleB'ge,l^t.8»,
pref.lOO
do
i;ii-'. .Mot. 100
Si.ragu.'
Tun—
48% St. 1.. Bridge A
Oregon Short LIneloO
ruo:u.-il. Eieo.Co. 25
112
3414
lat.7g.g, 192S.AAO «138
Oregon Traus-UoatlOO
< In
lonffrs*.
^ jhurchaseraltr pars socrued
transaoUvus.

37
80

88i«

38%

Castle Creek.
Cleveland Tla.

88%

Colobis

OonsoL OalUonila.100 ••79

116%
lOi^e IOC

Con. Imperial

.

.

.

I

'

['

-

I

:

1

nv late

1-79

100
241<a'242ia Ohollar
Conaol. Paolfle.... 100
150 180
S3

Denver City Con
Dunklo
.Kastem Oregon
ElCrUto

050.

62««0.

78

80

47«a

48

210

M

l-.:0
,

„,

1^

1-79

29

40

•'OO

BorekaOonsol.... lOu
rMberDeSmet .. 100

'aoe.

'iMe'.

10

ISO S-M
I-OO 1-9A
08 •to

100

Crown Point.
Desdwood

32
54

31 >t

HT

1

r

1«

90

ChrysoUte

,

Price ni uilua

Iftii

i«
3M 9M"

{

.

S.Y.

.

15?

PraokUa (eoppcr)
Pre laad

•9
80
79
70
79
70
99
49
to
70
185 190
92
87
..„.. 20
I

.^

{OoaldACurrr B..100

Hale A Nororoas. 100,
Holyoke

8U

.

.HoruSilver
30
llroDSIUor
Ir. nUlll
KlDg*.AP»aibi'ka Iron
10
Laoruase

I

2-30
3 50
-09
i<r.

;

,

|Le'»dTllU>Oons<d....lO

u

1

ro

.

.1)

13

14

Lee Basin
.„, •to
19
Wi 49
90
"utUe Chief
OS
Pitts
Uttle
75
~-i::
. ~r
88% 87% Mexican Q. AWIv.lOO SJO'..^--.
• vtuetaOoDS per kar'.
liondoa.

—

.

...

THE CHRONICLE.

796

[Vol. XLVIII.

GENERAL QUOTATIONS OP STOCKS AND 30NDS—Concluded.
For Explauatlons_ See Notes
"MrsiNo
Mono
Wouitor

MouUon
Mount

M

.St

Ask.

Bid.

Stocks.

&

Oriental

STOCKS.

M

61
39

61
40
•2f,0
4.rms
Co
300
Wincliej-ter
R.
40
750 1105 1125
?ork Co. (Me.)

•35

BANK

IOC

(F.

1-201
4.70,

10

S'I'OCKS.

Sank of Baltimore 100
^ank of Commerce. 15

14.!ia

.10

13^

jltizens'

Miller

15

?om. & Farmers'. .100
Farmers' B'k of Md.30
PewaWo (copper)
10-25 10-751 Farmers' & Merch..40
Plj moutu Consol
1-8 : 2.15! Parmers'&Planter8'25
Potosi
100
FlratNat.otBalt..lO0
Quincy (copper)
Pranklin
-OS
60
KappahaBook
1
•43
3erinan American
RobinfonConsol.. 50
2•^.^

2-25

100
5i

«i
•60
•03

Standard
Sutro Tunnel
do Tiustcert
Tioga

10(

Union Consol

loi

1^00

1-40

•04
•5i

•54

08

1^15
3^3U

Yellow JafVet

1^3S

BOSTOi> raixiNo.
2
Alloue?
2f
Ailantlc
Host. & Mod.. (Copper,
Brunuw'lj Antimony..'
Calumet Ar Hecia...2f
1'
Catal pa Silver
2.=
Central

90c.

10

01.2

3SH

38
1

3

^12

21.'>

"l3o.

15o.

10

13

10

3h

.2.

Huron

2."

1

1>4

Minnesota

2r

2

4

National
Osceola

2.-

1

l>a

Pewabio
Quincy

2f
2."

sT

Ridge

2;

73c.

Taniarault

2.=

9i«

2.-

INSUBANCE Stocks.

Ask.

3
63
l"*

ice
1231s 124

Amoskcag

2000

118

(>Ie.).10(

135

135^1

895

UOO

Barnabv
Barnard

110
95

lC<J'a'H)7

.

128
185

Bank

of LouisviUelOO 100
Citizens' National. 100 125
City Nat
lOol 121
Falls City TobaocolOOl I1214
Farmers' of Kj ...100| 109

32
61
46 ij

120
92
130

120
97>a

1241* 125
Bates
1376 1390
Boott
130
Border City M fit. (F.P..) 128
Boston Co.(.Mass.)1000 i:oo 1110
Boston Belting. ...100 ifio las
BoBt. Duck (.Ma.s8.)700 1150 1200
Cbace (Fall Riv.) .100] i;2 113
Cliicopce (.Mass.) ..lool llt^^ lOB
Coclieco (N.H.)....500i 465 ,470
CollmsCo. (Conn.K.lO
35
Continental iMe.). 100
52
Cres't Millf (F. R.) 100
50
50
Crystal Sit. B1.(F.K.,'.
Davol Mills (F. R.) 100 ioi"' 106
70I4
70
Dougl's A.xe (Ma>s)100
Dwight iMhss.). 5'JO 795 800
93
Everett (.Mass.)... New
92

145
210
150

Fourth St. Nat'l... .100
Girard National .... 10
K-in-iington
SO
Keystone Nat'l
50
iManufacf'r'is' Nat.lOO

I

110

Penn National

1.0
245
1041s

HamUton

(Mass.) 1000 1000 1010
145
Hartf. Carpet (Ct.)lOO 130
B51«
Hill (Me)
85
100
Holyoke W.Power. 100; 2i0
Jackson (N. H.L.IOOO, loP 1030
King PhUip (F. E.) 100- 105
505
Laconia(Me)
40o! £00

Lancaster M.(N.H)400 8bO
L'rel Lake Mills (F.R.)I 114
Lawrence (Ma68.)1000 1.500
Lowell (Mass)
090 £8.i
Lowell Bleachery.200 133
Lowell Macb.Shop.500 bl:5
LymanM. (Mass.). 100 tif.
Manchester (N.H.)lOo 1£G^
Mass. Cotton
1000,1125
Mechanics' (F. R.) lOo' lol
Merchants' (F. R.) lOOi 131
Merriu)ack(Mass)1000 1320

570
1520
6:10

136

8dO
«ii«

157
1130
1(3
132
1330
Metacomet (F.R.) .100] 80 ItO
Middlesex (Mass.). 100 179
180
Narragans'tt(F.R,)100' 101. !02
Nashua (N.H.)
500) 630 635
Kaunikcag (Mass.llOJi 102 102 14
IO2I4
N. E. Glass (Ma88.)375| 102
Newmarket
500' 370
380
Paclflo (Maes.)...lO00| ;7f0 1790
Pepperell(Me.)
500! 1275 i;i85
Pocasset (F. R.)...loo! llti 117
Rich. Bord'n(F.R.) 100 100
103
Robeson (F. Riv.) 1000
90
Sagamore (F. Riv.) 100 120 122
Salmon FallB(N.H.)300 290 300
Sandw. Glass) JIass.jSO 10
11
Shove (Fall Riv.). lOOi 105 108
Blade (Fall Riv.).. lOOl 04
Stafford (FallRiv.) lOOj 118

Stark Mill8(N.H.)10d0lu30
Tecuuiseh (F. R.). loo! 1 IS
Thomdlke(Jla9s.)100OJ1145
Tremont<fce.iJIass)100 140

Troy Cite W. (F.R.) 500! 975
Union C.Mr. (F.R.) lOO 240
Wampanoag(F.R.)100i li)3i.
Wa8hingt'n(Ma'is.iioo

—

.

'

t^o

120
1250
116
1150
142
1000
.45
135
70

Continental Nat ... 100
100
Franklin
Fourth National ..100

100
Mechanics'
Merchants' Nat ...100
St. Louis National.lOi
Third National. ...100

Paoiflc

FIKE

Hartiord, Conn.
10.
«tua Fire

Qnatatlsua \6i share.

lOi

Connecticut
Hartfoid
National
Orient
Phcenix
Steam Boiler
JTork.

New

10.
10.
10.
10.
5(

1000

AUiauoe
American

5'
2;
2..

Bowery
Broadway

20

Citizens'

City

Commonwealth.

.70
..100

100
40
100
30
50

Continental
Eagle
Empire City

Exchange
Farragut

Fire Asa.'Cialion ..100

17

Firemen's

160

••>«

254
120
308

258
3i2
140
91
191

138
90
190

100
130
100
125
130
115
120
100

120
15d
115
125

108
111
85
210
195
85
100
106
lOJ
75

2 '5

200
90
110
108
115

81
3-20

German American 100 315

16 J

160
120
i20
60
100
140
143
106
170

Manuf. & Bmlders'lOt
50
Nassau (B'kiyni

70
80
70
75
100
138

110

National
N. Y. Equitable
New York Fire

100
75

50 1,=;5
50 115
25 200
oO
100
9)
15
50 135
100 1<3
30 100

Geriuauia
Globe

Greenwich
Guardian
Hamilton
Hanbver

Home

Jefferson
icings Co. (B'klyn) .20

30
Lafayette (B'klyn) .50

Knickerbocker

80

Liberty

Long

lal'd

(

B'klyn). 5o

9

37ii
3.

lOo
5o
25
20
100

Niagara
North Kiver
Paoiflc

Park

20
Peter Cooper
50
People's
Pheuii (B'klyn). ...50
2o
Rutgers'
5o
25
26

Standard
Stuyvesant
United States
Westchester
Wliliaiii-^biirgCltv

80
85
SO
t5
110
100
105

7

80
160
91
170
60
160
85
126

1.-0

85
160

50
1o5
^0
121

i3U
105
100
170

1-20

100

HO
ItO
10 140
300

ItiO

310

MAIIINU I>S17lt.A.\CU SCKIP

Atlantic Mutual.. 1855

10:ia

18-59

10")

103"«
'103
1106

Commerl. Mutl873-82

67

102
1886 102
1887 103
188s 101

1

I

i

§

1.1 2

In

INSUIt'Cli

I

1

76
250

74

STOCKS.

i

I

165
2i5><

San Francisco,
Anglo-Calltornian....
of Californa...
JFlrat Nat. Gold.... lOi

. .

I

95

Bank

20

I

100

International

I

"Price uouiiuul; no late traasa tlons.

100

Commercial

•

;

57

109

!

I

119
104
125

99

462 1«
370 330
113 115
225
165
92 >«
90
145
115
135
108 Is 110

;

i

leij

B'k of Commerce. .100

I

Gl'beY.MilUtF.K.)100'
Granite (F.K.)
1000 240
Great Falls (JS. H.)100 104

50
80

1

We-itera
.....50
St, Liouls.

I

I

160

.

I

.

P. K. Machine Co. .100|
117
Flint Mills (F. R.) lOo; 115
Franklin (Me.)
lOOi 9bi2' 99

Ask.

I'ez"

50
Philadelphia Nat. 100

i'

I

I

Nat.BIc N.Liberties.50

'-S

Sm

Bid.

Phlladelplila,§
Bank of No .\mer.l00 352
Centennial Nat
100 151
Central National ..100 310
Commercial Nat
50
Commonwealth Nat 50
Corn Exchange
50
Farmers'&Mech.N. 100 163

139
186
I'U
127
122
115

115
Farmers' & Drov..lOO 113
""5'
5I4 FirstNat
toward
1
100 185 188
Marine.
30
3S
(Jerman Ins. Co.'s.lOO 110 141
vteohanlcs'
10
100 181 185
13
IS-sl (TBriuan
100 134iij
Merchants'
^German National. 100 144' 145
Satioual Eich'ge. 100 128
100 131
133
Kentucky Nat
19
People's
2
19 ^ 1,oui8V. Banking Co.40 277 278
Jecond National ..100 162
100 140 111
Masonic
150
Third National.... 100
110
Merchants' Nat. ..100 143
7rj
Jnion
80
Northern of Ky ...100 124 126
86
33 14
20
120 122
Toster'i
People's Bank
10<
Boston.
113 119
Second Nat
100 142 I1211 Security
lOi
itlantic
194 195
100 120 121
Ulas
Third National.... 10' 141 115
Blacketone
100 112^ 113
lOi
142 143
Western.
100 124
Boston Nat
125
100 136^ 137
Boylston
Netv Orleans.
100 110
Broadway
102 103V
.American Sat
100 193 197
Banker Hill
8 la
Bank of Omraerce. H
9
100 1H5 ^3-^^ Cnal & Banking.. 10' 158
Central
100
100
231-2 26
llty
10(
!« lLO?i]lCit'zens'
100 125 126
Oolumbian
100 180 200
GennaniaNat
100 131 131i4:|HilTeriiiaNat
Oiimmerce
100 165
100 1« 100:1, Loiiisiana Nat.. .. 100 162ii!
10
Corauiercial
1C( 136'.s 143
Oomraonwealth .100 lti9it 170
Metropolitan
100 123» Vi-i.
100 131 133
Oontlnental
Mutual Nat
100 104H 115
Sigie
Now Orleans Nat. .100
78
100 131 ISlifi iPeople's
50
80
SUot
IOC 103 105
Bverett
100 120 I2S
State Nat
100 ISOia'l 3
fiaohange
100 134H 135
Onion Nat
Paneuil Hall
100 143
U3>« Whitney National. 100 230 260
100 234 2:i7
first National
100 129 131
First Ward
Fourth National. .100 113
TorU.
115
Freeraans'
100 iorH lOTis America
100 1^5
100 100 lOOia American Exch'eelOO 119 1* lft2
Jiobe
100 126 127
lOj
aamilton
Asbury Park Nat. 100
100 230
aide & Leather... 100 126
l-?61l Bowery
100 109^4 110
25 295 3 JO
Howard
Broadway
100 117
Butchora'ti Drovers25 ISO
Lincoln
118
10 'i^ t'entral National.. 100 140
117
tfanufaotmers'.. .100 1'
95
100
•JO
Vfarket
Chase Nitt'.ona) ,..100 250
25 250
Market(Brigliton).100 HO^i HI
_ _
Chatham
250 109^110
100 4000
Massachusetts
Chemical
100 233 1237
100 4
550
vfaverick
City
132
viechanics' (So.B.)lOO 130
Citizens
25 100
liO
100
88
vterohandlse
Columbia
100 14 1, UJls Commerce
100 195 200
Merchants'
105 120
100 106 lOG'sl'Coinmerci.^l
Metropolitan
100 126 130
100 230 235
Continental
Monument
100 139i« 140
Corn Excliange ...100 230
4t. Vernon
100 U<3^ 164
25 150
East River
few England
2.=.
150
100 142 143 'Eleventh Ward
.Vorth
120
100 •2000
Sorth America. ...100 115
First National
100 123% 124
Fourth National... 100 158
OldBostou
100 150
FirthNalioual
100 160 102
People's
100 1050
100 140 1 lOH Fifth Avenue
Redemption
1 72 ^
10c
Fourteenth Street. 100 160
Repu'kilio
2riO
138
ifii
138
N.itional
..50
.100
Gallatin
Severe
10< 3.^o
100 151 l'^2 lOarfleid
Rockland
120
178
125
100
179
American.
.75
j,CJerman
Second Nat
100 200
(icnnan Exchange. 100 200
lecurlty
130
ISOi,
100
100
iQermania
aiiawnuit
96
f>6iv;' Greenwich
25 140
Shoe & Leather.. ..100
100 225
100 1L91« ISO ilHanovcr
State
100 145 150
100 ll5isii;G
Suflolk
HmUon River
Third Nat
100 lOSH 104
Iimiorters' & 'rr...lOO 5(;0
88>tl 89
50 175
100
Ira'ei-s"
Irving
1131«
114
100
liemont
Leather Manuf ts 100 230
100 200
100 145%; 1-16
Lincoln
Onion
.Mailison S'luarc.lOO 100
100 1241^1125
Washington
50 170 H5
100 106% 107 ;.Manhattan
Webster
Market & Fulton.. 100 190
Brooklyn
100 150
Mechanics'
25 195 205'
Brooklyn
50 350
Mechanics'* Tr.. .25 200
First National
lOOj 197
40 167
.Mercantile
Fulton
153
50
50 350
.Merchants'
City National
60 150
Merchants' Exch'e 50' il'7'
Commercial
19'
14
100 135
100
Metropolitan
Long Island
160
100 320
Metropolis
Manufacturers'
200
100
50 250
Mechanics'
!:.Muuut Monia
50 •200
100 250
Muiray Hill
Nassau
50 155
Nassau
Chlcaso.
125 .New York
100 210 245
American Exch. Nat..
110 117
N. Y. Nat. Exch'gelOO 125
Atlas National
100 210
Chicago Nat
JlNew YorkCounty.lOO 420
Ninth National. ...100 li2
Commercial Nat... 100 225
185
130
North America .... 70 173
Continental Nat. .-100 120
30 135
100 190 310 iNorthRiver
First National
100 101 [;oriental
25 200
Fort Dearborn Nat
50 IlO
Paoilto
Hide and Leather. 100
100 230
Merchants' Nat.. .100
li;Park
25 230
People's
Metropolitan Nat. 100
145
20 139
Phenix
Nat. Bk. of Amer..lOO 137
120
2J5
Produce ExchangelOO llO
Nat. B'k of Illinois. 100 225
170
IOC
100
Republio
North wesfernNat.
170 iSeaboard.
100 135 140
Union National....lOO
3eoond National. .IOC 320
Un.Stock Y'ds Nat.lOO
Seventh National. 100 135
Clnclunatl.
87
83
100 loO
fhoeilfe Leather
Atlas National
200 200 14 Sixth National
100 230
Citizens' National
135
125
llrt
Nicholas
100 125
at.
Commercial Bank
112
135
100
Stateof N. Y
K<iuitable Nalional...
115
95
92
Third
Natioial....loO
Filth National
265 1« 270
40 9a
Tradesmen's
First National
210 220
United States Nat.lOO 210
Fourth National
165
97% 98
160
\\'e.stern National .100
German National
lOO 180
t<«)4 87
U'-arSite
Mnrki-t National

yew

200.•^

Appleton(Ma.ss.).100(
Atlantic (Mass.). ..101
(Fall Riv.)
JIfg. (F.R.).
10(
(Me.)
Cot. (Mass. )100(.

2014 15'nk of Commerce
Hank of KontuckylOO

135

91

I

liOulsvllIeL

. .

10

Am.Liutn(F.Klv)ll.O(
Auiory (N. H.)
10(

AndroscoK'n

3'I5

>

MAlNCFAtX'iNrS.
(N.H.) 100(

National Lafavette...

1

3-10

Utali

140

If

Osceola (copper)

Franlilin

Bid.

Merchants' National..

112
Ohio Valley Nat'l
2^6
Second National
143
Third National
Western German Bank 230

Baltimore.

1-10

Isle

Savage
BterraNerada

of PIrst Pa^e or (iiiot«tlon«.

Bakk Stocks.

Ask.

Bid.

R.)100
WllUm'tic Linen(Ct)25

Silver Clif
Bilver C;oi (1
Silver KIuz
Silver Queen

Head

I

l-To Veetamoe

Diiiblo

Navalo
NoithStar
North Belle
Ophir

B.\.NK

at

103

I

70

'PUICES OF EXCHAiVaB
MtSiTiaEKSMlF^.
I

$-•2,000 bii.

ls.Y.Stock...7
La.it sale,

Jane

10.

22,000

700 bid.
700

N.Y.Couaol.Si'kA Pet.
Lasi sale, Juue 6..

N.Y.Produce
Lust

i-ale,

May

1,100 aak.
1,100

31.

750 bid.
7,0
625 bid.
650
45 bid.

N.Y.Cotton
Last sale,
N.Y.Coffee
Last sale,
N. Y. .Metal

June 3

May

.

20.

Last sate

R'lEst Exo.&Auo R'm
Last sale, May...
Bostoii Stock
Last sale. May 1
Philadelphia Stock
Last sale
Chic. Boar lot Trade.
.

i/iooask.
1,200
11,000 bid.
1

1,000

. .

Last. sale. June 7..
PitiBii.P ... -o'k "Mel.

1,500 ask.
1,500
47.1

I'i.l.

1

. .. . .

June

-

.

.

1

1

THE CHUONICLE.

U89.)

15,

1

1

luujestm^ttt
AND

^uiilrcrad IntcIIigcua,
The Investors' Supplement, a pamphlet of 150 pages
•ontains extended tablen of the Ftmded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Companies. It is publUhed on the last Saturday of every
other month—viz., January, Ufarch, May, July, September and November, and is furnished without extra charge
to all regular subscribers of the Cironicle.
Sxtra copies
arc sold to subscribers of the CbRONiCLB at 50 cents tach
and to others at $1 per copy.

The General Quotations of Stocks and Bonds, occupying
${x pages of the Chronicle, are now published on the

third Saturdajr of each month.

Keokuk A Wist
KlIlKst'll A
Kli"\\
L.

I

I..

I

(11

,V

.

,

I..

L.

I

L..I

Lii
L'.
L...

I-oin

RAILROAD EARNINGS.

\

Tx)uisv..\.0.

A T., 1st wk J'no

Lou. 8t.L.& Ix>x. May.
Mar. Col. A No.. March
I

Latest

KOAD?.

Kamingt

Week or Mo

Maryland Cent.' April
Reported.

Jan.

1 to talett Datr.

Asln .*

109.766
7.600
1,64-2368

Vnl.. April

J^jmrtivii.!

Mav

Atili.T. ArH. FclApril
er.L.K.C.\('ol. April
Uul r. Col. AS. F. April

1888.

1889.

Califor'a. CViit.i April

163,519
8.540

issisii

Biir.<'.Kiip.\No. May
Cairo V. i« C'liic. 1st wk J'ne
Camcl»!U & Ati.. April
Ca latlaAtlantie \pril
C m:t'Uau Paeitie 1 .'tt wk J*ue
Cp F'r A Yad. Val; May
Ck-at. Br. r. P.. I.March
C'eu.KH.i-Bit.Co April
Central of .\. J.. April..
,

Central Paoiflc. Mirch.
Central of y. C. March.
.

Charlest'n&Sav

April.

Ciiar.Col.

M^y

Cheraw.
Ches.

&

cues'. O.

Ar All,!?.

.

& Uarl. April.
Ohio.... May...

.

&

S.

W. May

Eliz.Lex.&B.S. April
Cheshire
March.
Clie.-». iV Lenoir
March
'

.

Chio. * Atlantie. '2d wk
Chie. Burl. itNolApril.
Chio. Burl, i Q.j.Vpril.

May

750,820

280,977

630,913

Ui;342

399,6:3

36o;76-2

25.547

25.'23,4

170,165
1,215,443
4,905,893

l,102.'sn,(

4.390.110

1,1 70.3 l;i
0,.3S2.I12

li,

25,349
13,080
45,325
4v!,365

271,000
30,805
59,287

35,330
194,301
14,000
39,965
42,843
257,000
22,190

2.J2.101

823,714
1,020,533

28S,044
286.170
149,187
139,072
135.878
148,249
5.339,034 4,909,394
100.925
127,224
17'2.1.30

2,454.32>i

2-23,011
2,334,90(i

3,7<ii»,419

3.(i7S.72:i

3,201,949
31,021

3,391,200

229,9,57

1,705,'248
784,95(>

1,807.718

275,204
132,815
19.712
750,270
648,303
7.745,310
2,303,400

301.570
122,400
23,232

.s

i

.

40,100
37,840
19,091

32,540
611.135
22,000
35,600
43.300
5,834
45,583
37,775
158,800
21,775

'

t

Ist

wk J'ne

Col. A Greeuv
May.
Col. A Cin. Mid.. 1st wk J'ne
Col. Hock. V.AT. 4thwkMay
_ _
.

.

.

Day.Ft.W.AChi. May.
Deny. A Rio Or. IstwkJ'nc
Deuv. A R.O.W. 1st wk J'ne

60.'20'/

Deuv.s.P'kAI'ac NLvrch
Det.Bay C.A Alp Ist wk J'ne
Det. Lans'^' A No 1st wk J'ne
Duliith s.s.A.\tli 1st wk J'ne

E.Teuu.Va.AGa.! IthwkMay
Evans.AIiid'plis Istwk J'ne
Evausv. & T. H. 1st wk J'ne!
Fitciibiirg
Flint. A P.

'.\pril

Marq. IthwkMav
rior. Rv Xav. Co IthwkMay
Ft.

W. ('in. A L

.

.Vpril

.

>

IthwkMay

Ft.W.ADcii.Citv

Whole Sysfm. Ithwk May|
I

Geor^na

Pa<-itlc.

Gr. F>ap.

A

\

Ind.

.

May
1st wk J'ne

Other lines. ..llstwk.Pne

Grind Tnink. ..Wk June

A Gr. Tr.
Det.Gr.II.A M.
Chic.
JT

'iii:ifon'r.

Wk
Wk

June
June

..,'^fnlv•h

1

I

I

7sti,7s7
475,-20'»

0,272,843
1,025,9."0
:,

07 1, 002

9,011,935
9,190.452
18.413
08,330
701,749
1,700,401
570.771
22,203
1,04-2.159

197,094
1,421,033
024,434

315,103
191,895
201,934
2,784,401

174.890
4-2,408

183,033
843,729
210,443
1

15,701

2,sss.2.59

10S,3S8
539..5!n
'259,313
131,-; HH

1,003,070
139,.5<r2

149,1.50

3,0 l0,0O3

2,9!»0,57l

20,275
80,318
11,161
14,931
32,133
136,947

534,638
169,526
22S,529
441.401

300,333
234,122
198,033
389.319

5.S7,336

4:<7.3S0

2,395.741

2,211.978

3,91:^

112.000

93,-237

15,011

1,3,090

3.5>.t,O.I4

33,-,2-20

416.312

1,099,121

1,.593,097

1,036.536

60,755

67,'291j

1,0<H),046

23,04

27.140

23.850
33,003
69,145
95,421
38,326

20.,'>02

4.59,514
486,608
82.200
90,924
35»,lsl
473,546
1,043,137
62H,770
5it'u6'i
9!»9.377
936,252
81,979
90,281
7,527,599 6.9.50,910

3,7'>2
i

193,997
42,400
843,485
35.973
273.080
10,795
125.308
31,843
580,033 3,013,612
98,143
20,095
682,129
2.8,3 S2
37,770
304,945
6,678
135,103
70,511
958,354
33,1.50
189,944

7t;9.(i50

4't9,44t

307,470

1
1

11.687
16,824
45,496
141,270
5,120

31,0,30

21M,019
375,140
29,070

•

302,724
29,090

'

.

4SI), 17ii

211,430

.

Color Midland.

OSS, (ISO

789,379
1,007,334

Lines conlr'l'd .\pril.
555,313 417,497
Chie.&Ea-st. m. IstwkJ'ue
49.937
51,794 l.')7-,838
Chic. .Mil. &St.P. l.itwkj'nc
487,000 462,173 9.387,940
Chic, i- X'thw'n. Jlf.y
2,101,047 2,0.W.253 9,000.441
Chic. & Oh. Riv May..
5,2'22
,30.404
3.911
Chic. Pe. & St. L. March
29,23
20,250
8:1,705
Ciiic. St. P. A- K.C. Ithwk .May
60,:i93
58, .54; 1.050,715
Chie.st.P.M.&O. April.
450,584 490,240 1,778,910
Chic, i: \V. ."Mich. lat wk J'ne
578,070
23,034
28,139
Cln. Ga. A Ports. May
22,072
5,203
5,053
Cin.In(l.,<t.T..iVt' .May
220,076 21.5,713 1,1 2-2.323
•232.114
Cin. Jac't. A .Mac 1 t wk J'ne
9,018
11,400
Cln. N. O. & T. P. |4th\vk Mav
11 1,0.50
113,80
1, 103,81
43.385
735,770
Ala. Gt.Boiith. IthwkMay
53,794
414,081
K. Oil. & N. E.l4thwkMay
28,805
22,800
Vieksl). ck Mi;i: IthwkMay
10,99l
225,184
14,110
Viek-s. 8h. A- P. IthwkMay
221,184
17,454
12,038
225,8""
Erlansrer Svst Hhwk May
203,939 3,002,630
7,530
Ciu.Eieh.A Ft. W 1st wk J'ne
165,625
7,202
7.098
43,865
Cin. .«el. & Mob.l.May.
4,374

Clev. A Canton.. '.Vpril
Ciev.Col.C.A Ind
u ^L^y
Clev. A Ma rie 1 1 May

l,l!ll.07O

520,:is!l

84,5,80

1,95 ',440 1,703,84!

Ciu.Wab.AMlch.lMay.
Cin.Wash.A Bait 1st wk Pne
Clev.AkrouACol IthwkMay

171,611

477,337
980.234 1,006,325
1,155,007 1,220,117
9,420
9,519
51,760
49,521
58,o42
61,050
4.872
4,5 SO
345,645 3GH,8(i7
144,220 151.583
67,879
66,637
49,508
42,599
6,196
7,308
4s, 152
36,001
108,131 127.987
499,-.:.l

63.271
16,008
87,591

20,993
93,i'9li

41,048
6,694

364,603
60,185

l,363,S2l
390.971
1«,825,
69.849'
244.229

Istwk J'ne

May

'.Mexican U'wavVVk June 1
Mil.L.Sh. A West Istwk J'ne
Mihvankc,. A No Istwk J'ne

Mineral Itanite. iMuy
Mluncap. ASt.L.'.May
Mo. Kan. A Tex. .May
Mobile A Ohio
.May ....!.
Montana Union. '.March
N»»li.Ch.A8t.L.;May
Nat«hez Jae.AC. 1st wk J'ne
New Brnuswiek. April
N. Jersey AN. Y.iApril
New Orl. A Gulf May
.

1:13,616

217,71li

:

.

1,034,323
364,311
8,086,1 il

Pac. . 1st wk J'ne
49,74:i
55,210
B..*;0. Kit": L.msl April
1,243,650 1,207,'295
Western Lines April
37><,583
362,221
Total
April
l,<i-22, it9 1,56:<.310
Bait. A- Poiomnc April
15(291 123,0 )9
0!),77<i
Beeeh ( ivek
Mari'i
81,173

Bufr.RMih.Wilt IstwkJ'nc

634,851
42,327

45,1'29
11,3,89

&

Atluiiic

$
674,598
5,891.722

205,316

2,287.111

Atlauta& W.Pt.lMay

Han Luis Ulv.

1888.

;Me.\. National

•2,850

340,534
92,347
74.259

Catifor'a Sou.. April
Total systciut. April
Atlanta Jfe Cliar |March

Istwk J'ne

IMe.tlcjin Cent...

1S89.

*

AlUdiony

Memphis A ClinMlltawk Mny

1,320,451
420,!I33
204.3.-IO

.

|

N. Y. C. A ILH.LMay
N. Y. L. E. A W.lApril
N. Y. Pa. A Ohio April
N. Y. AN. Ene.. April
N. V. A North'^u. May

Y.Onl.

iN.

A W..|lstwkJ'ne

N. Y. 8u.s(i. A W. April.
Norfolk A West
st wk J'ne
.

1

.

N'thcast'ii (S. c.) March
North'n Central. April
Northern Pacific 1st wk J'ne
Ohio lud. A W.. Ithwk.May

ilst wk J'ne
Ohio A Mis.s
Ohio A N'orthw..[MBy .......
'Istwk J'ne
Ohio Kiver
Ohio Southern May
Obie Val. of Ky. IstwkMay
.

.

Omaha A

8t. L.

'

[March..

.

Oregon Imp. Co. March
Ore*;. R. A X. Co. April
227,452i 201,507
Oi-CK. Short Line -March
Pennsylvania .. .April
5,a32,370|4,0,50,olti Ii<.7
301
12,7001
Peoria Uec. AEv.' 1st
J'ne
1 2.7(J9

wk

Petersbur*?
April
Phlla. A Erie...lApril
Phlla. A Read'K. .April
Pittsb. A West'u April
Pitts.Clev.A r. April
PItts.Paln.AF. April

'

\

39,8651

41, .598

20,802
21,360

20,378
18.498

192,!IS9

Pctersb. April

21,s.ll
.

.

Alex. IstwkJ'nc
St.L.A San Fran. IstwkJ'ue
St.L. Ark.

St. Paul A Diil'th
St.P.Min.A Man.
8.Ant.AAr.Pa»».
Sav. Am. A Mon.
Scioto Valley ..

April

May

Soil'

April

So.

I

I

e'2o,iso
3I,I.50

11.989

'

50,88,5
j

IstwkJ'ue

I

8i .3IWi

919.S-P
11» 14::

10,s,(H»9
•20,98 t

41"'

4.»7

21,0!t!)

_9T

";•'""

i"::-

tl

I

8I.S12

'

May
.May
April

441,911'
153.2H3'

231,001

r>3,>»33
9II,'29S

4thwkMByi

Seattle L. S. A E.
Shenaiidoiih Val

13,412

25,777

207,335
Rome W. A Ogrt. Slarch.
27,0" 1
St. Job. a O. IsI. Istwk J'nel
l9,tM)0
8t.L.A.AT.H.B'» 1st wk J'ne'

17-J.'

i.ao-2,ju

5,0.53

11,126!

cR.&Dan. Sys'm llhwkMay

A

'23,012

103,303
36,146
13,716

121,393
41,91

I

Total system Istwk J'ne
Pt.Royal A Auk. April
Pt.Roy.A W.Car. Aprt;
Prescott A Ariz. Ma.v
Rich. A AIl'Khy. 21 wk May
Rich.

35,513

43,891!

358,s.32
3'29,«81
|l,381,.525 l,7O0,'291

4,685
70,000
81,984

713, f.-.
10,471'
6,8S«,
48,869'
S,747i

9'

67,539

31

76,294i

4«!'

i

April
April
I. April
M
\. April
N
1:
April
Ml April
A11 April
I'.,,
Total ur all..] April
So. Pac. KR.—
No. Dlv. (CBl.)'Morch
.March
(Ca
So. Dlv. (Cal.)

308,242

\.

t;

74,1'J2

I

iW.'tBl
13.197
11-

.

Artiona Dlv

Maii'ti

316.001
75.961

1,217

413.022

1,717

«.0.%3

3"

9:
i,!'
|8,743,3ls3.
I

1.18.2m'
I

4-'
li;-

I

NewMex.niv March
Spar. I'll
Sfaton 1.
Suiuiuil

I

eh

Lykcii-

TexMA
Tol.A.

ll.I^l'
lO-J

I

i

I

skJ'ue
^kJ'ne

I

A..\

9<'.

97.:«37]
1 1.51 r

I-.-

A 1 :u May
Tol.* Ohio Cent. l-twkJ'ne
Tol. Col.
T(d. P.
Tol. -

.V

.

W.--t

Uiii-T,
Ot:.

I

IthwkMay

"kJ'oe
I

-h
'-h

17),os:i

a.l 63.28-

9,751.000
--'
147

Val

TenVirgiuia -^IId^d
Wabash Rnllw'T

'11

May
Mov

I.
l-,-'s»

l.Vi.siMl

1

iMM.ono'

.VI3.UI4

2.480.531

l.l(r2,3-23

370.412
13-2..33«
.53,0ft2

7';-J.HT

.

.

-

..

v

THE CHRONICLE.

79i
Latest Earningt Reported.

Jan. 1

to

Latest Date.

BOADS.
Veekor Mo

1888.

1889.

1889.

1888.
I

Waba8h West'n IstwkJ'ne

10,675;

May

Western of Ala.

105,180 2,321,171! 2,206,669
40,785
42,2971
10,500
217„505
197,330
32,014
62,700 1,261,517 1,188,471
371,394
259,879
52,600
387,542
114,901
372,019
174.730
225,455
52,831
373,016
16,487
371,277|
234,553
236,715
75,857
67,525 1,527,319 1,441,051

107,113

Wash.O.A West. May
West. N. Y & Pa. IstwkJ'ne,
West. N. Car'l'a. May
West Jersey
AprU
W.V.Cen.&Pitts. April

]

'

I

& L.E. IstwkJ'ne
& Auc. March

Wheeling
Wil. Col.

.

Wisconsin Cent. IstwkJ'ne

'

32,905
38.300
66,150
109,489,

38,623
15,334:
77,800,

74,800

t

Including lines in whicli half ownership is held.

}

Mexican currency.

c

Earnings of entire system, including

all

road operated.

—

Latest (j^ross Earnln^H by Weeks. The latest weekly earnings in the foregoing table are separately summed up as follows:
Though the statemeat for the first waek of June includes a
ntunber of roads which have suffered by reason of the extenis a gain of 5'03 per cent in the
aggregate on the 51 roads reporting.

sive floods of last week, there

[Vol.

Net Earnini^g Monthly to Latest Dates.— The tables following show the latest net earnings reported this week, the
returns for each road being published here as soon as received
but not kept standing from week to week. The figures cover
the latest mont^ and the totals from January 1, and also the
totals for the fiscal year on those c impanies who-e fiscal year
does not correspond with the calendar year.
1889.

May

A

54,535
14,352

12 months
JNet...
Central of Georgia.. Gross.
Net...
Net includ. investm'ts.
July 1 to Apr. 30, (Gross.
10 months .... JNtt...
Net includ. Investm* ts.
Chesapeake A Ohio.Grosj.

499,217
19,662
19,682

321,348
33,443
145.813
46,305
67,879
19,410
581,016
18 7,993
186,396
61,^61
249,140

Net....

Ches. Ohio
Ellz.

Denv.

Lex.

A
A

Sudth. Gross.
Net...
B. 8. ..Gross.
Net...

A Rio Grande. Gross.
Not...

Loais. N. Alb.

week of June

1889.

$

Atlantic & Pacific
Buffalo Rocb.& Pittsburg.
C3alro Vin.

&

Atlantic...

Indianap...

.5,120

OanidlanPaciHc
E.

CJhic. <k

Ills.

& C. &

f.

C.

Ohlcago Mil. & St. Paul. ..
Chltago & West Mich ....
CXnclunati Jack. & Mack.
Cincinnati Ricn. & Ft. W.
Cln. Wash. & Bait
C lorado Midland

& Cm. Midland
Denver A Kio Grande
Denver &R. Gr. West....
Detroit Bay C. & Alpena.

Ool.

Detroit LauB.

Duluth

8. S.

Evansvllle

&

<t

& North....

EvansvlUe & T. H
Grand Rapids & Indiana.
Other lines
Kingston A Pembroke
Like Erie & Western ...

15.611
38,326
3,762
4,055
43,594
22,967
331,290
39.208
41,993
140,6 i7
74.893
2J,800
3,381
36,867

.

louisv. Evans. & St. L
loalavUle* Nashville
I*oul8vU;e N Alb. & Chlo.
IjOuisvUle N. O A Texas
Mexican Central

Milwaukee L. 8h. & West
Milwaukee & Northern
Katchfz Jackson & Col
».Y. Out. & West
Norfolk & Western
.

Korthem

Piicitic

8-i,4.'5
,

Ohio <fe .Mississippi
Ohio River
Peoria Dec. &. Evans

& West., tot. sysi'm
Bt. Joseph & Or. Island...
Bt.L. Alt.&T.H.,branche8
Bt. Louis Ark. & Texas...
Pitts.

8t.

Louis* San Fran

Seattle L. Sb.

it

Eastern..

Texas APaollic
Toledo Ann A. & No. Mich
Toledo A Ohio Central
Tokdo St. L. & Kan. C...

Wabash Western
Western N.Y. APenii
Wheeling & Lake Erie....
Wisconsin Central
•

Inereate.

Mil. L. Sh.

Oeereate.

A

Cli .Gross.
N.it .

362,869
83,257
11,190
12.700
39,865
27,091
19.600
55,953
90,2H8
4,685
97,337
14,514
25,227
15,083
107,113

65,216
35.330
14,000
257,000
51,794
462,173
28,139
11,460
7,530
35,973
28,382
6,678
146,150
20,275
11.161
14,931
32.133
3,913
15,090
41.048

1,080
14,000
1,857

24,827
5.103
l,84i

328
1,867
7,218

854
9,«50
l,.50O

2.364
33,412

89,024
356,079
80,179
11,016

10 mouths

Net...

521
2,722
2.932

Apr.
Col.

1

to

May

22,4S5l
1,801

9.127
37.579
12,<'39,

800
1,017|

3,455

'jieek

of Say.

"6>96,
144'

69
1,733

74,860
3,281,234

3,124,298

1888.

Alabama

Ot. Southern

New Orleans & N. E
Vlcksburg A Meridian
Vlokgburg Shrev. & Pac.
OInoinnati Rich. A Ft. W.
Cleveland Akron A Col...
Ool A Cin. Midland
Denver A K. Gr. West...
East Tenu. Va. A Qa
Flint A Pere Marquette..
Florida Rv. A Nav, Co.
Fort Worth A Denv.City..
Grand Rajiids A lad
Other lines
Kanawha A Oliio
Keokuk A Westi-m
Little Rock A Mi-inp is.-.j
Memphis A Charleston.
Natchez JacK. A Col'iubus.
Ohio Inii. A Wf 8 ern
Ban Antonio A Ar. Pass..
Toledo Peoria A Western
.

11,622

6,726,

2.264
4,831
6,796
1,933
I

24.400
1,153

7,335

227,406
156,936

Increase,

.

.

Total (83 roads)
Wet IncToase (5-96

4,993,^57
58,344
113,863

385,773
7,349

5:1,794

4:<,5S5

28,803
14,116
17,454
11.074
19,09 1
9,023
34.475
111.270
60.755
23,641
H3,065
57,418

22,860
10,991
12,638

10,209
5,945
3,125
4,816

.5,378

6,198
7,530
13.272
33,19
3,520
29,346
31,15u
20,238
6,126,653

p. e).

10,401
16,793
12,802
30,773

136,947
67,294
27,140
20,996
62,647
5.297
10,909
7.669
11,264
33,192
3,220
31,330
16,174

70,470

59,173
192,037
60,941
102,116
23,752
77,934
27,198

83,9 JS

71,355

2,'?3fl.323

2, ".19,144

703.2i6
710,512
217,137
870,503
319,763

543,592
636,598
153,405
635,441
93,044
398,111
65,399
253,537
67,196
707,604
237,613

37.9,635

63,265
273,833
87,258
740,962
235,^21

Gr

«
22,190
7,372

iss.

107,241
14,158

237,391
101,517
11,126
7,253

%
160.9 !5
73,718
58,5
22,254

$
127,221
59,083
44,294
16,251

"7,996
5,332,035 4.547,837
1,813,171 1,321,204
252,797 1,403.725 1,161,831
498,809
560.317
90,647
3,010,93.» 2,863,472
1,242,614 1,210,000
36,465
55,000
5,655
21,092
3J,344
2,559

Chicago Rock Island

3,779

4,323
'6,bJS

3.499

12,069
"5',2V9

si
'i'.il7

lao
2,008

""306

Paciilc.
31,

1889.^

In comparison with the previous year passenger earnings
show a decrease cf $122,500, or 3 .51-100 per cent, which is
made up of an increase in earnings on business from connecting lines of §90,890, or 11 95-100 per cent, and a decrease in
earnings from business originating on our own line of |213,390, or 7 82-100 per cent.
The rate per passenger per mile for the year ending March
31, 1888, was 2 336-1,000 cents, and for the year ending March

was

2 206-1,000 cents.

Freight earnings for the year decreased §360,933, or 4 10-100
per cent. The revenue from through freight (freight delivered
to or received from connecting lines) decreased §402,219, or
7 84-100 per cent, while the revenue from local freight increased §41,286, or 1 12-100 per cent. Of the entire freight
earnings 56 per cent was from through freight and 44 per cent

from local freight.
The movement of freight as compared with the previous
year shows an increase of 38.344 tons, or 77-100 per cent, and
S
the rate per ton per mile has increased from 93-10()c. to 97-lOOc.
85,224
The amount chari^ed to construction and equipment account
"2,209 on lines east of the Missouri River for the year was §1,251,900.
THE CHICAGO KANSAS A NEBRASKA RAILWAY.

2,296

"3,706

&

March

Decrease

673

"i
'i.y's'i

'ii',676

"'296

457,813
344,533

113,310

20, '•2 8

5,783,120

}

30,805
12,107

("For year ending

"938

5,294.506
66.393
111.656

17.f,9.55

19 -,399
304,570

.

5,392,

4,551
3,255

%
Prev'ly report'd (59 roads)
Chicago St. P. A K. C...
Oin. N. O. & Texas Pac...

233,613
275.264

ANNUAL REPOR TS

3.078

41,598
21.699
15,049
52,698
101,920
3,747
90,611
12,250
20,396
18,287
105,180
62,700
16.487
67,525

1889.

610,7.10

47,231
66,637
11,675
576,160
142,193

6,106,041
2,163,178
2,172,698
1,^38,851
219,107
618,063

&99

For the fourth waek of May the complete statement shows
per cent Increase on 83 roads.

Hh

31,

2mfinths
i Set...
A Hook. C. Air. Gross

Net...
Gross.
Illinois Central
Net...
Naah. Cha'.t. A St. L Gross.
Net...
July 1 to May 31, ) Gross.
11 montlis. ...(Net...
Pres. A Ariz. Cent ..G oss.
Net...

5,410
1,186

•Severe floods.

5-

11\917

... 5 .'^et...

O.FearAYad.Vall'y.Grois.

1,'207

31, 1889, it

Total (51 roads)
Met Increase (9-02 p. c).

339,636
25,624

6,577,333
2,187,454
2,236,959
1,359,604
229,191

8 )Uth Pacidc Co.
Pacilic system ... Gross. 2,772,012 2,143 343 10.079,173 10,611,270
N t... 905,007 1,109,917 2,813,893 3,699,832
Gross. 3,743,3 ".8 3,887,895 13.360.742 14,170,311
Total ot all
Not... 1,052,131 1,361,371 3,640,340 4,794,9 J2
Wabash Railway. ...Gr>ss. 492,392 436,429 1,911,175 1,871.706
326,703
75,599
73,200
326,544
Net...
^Jan. 1 to May 31.^
Uay.
1889.
1888.
1389.
1888.
R >ad».

$

12,7691

38,3001
15,33tl

oss.

»
$
216,809
220,537
5:^,546
62,084
763.034
729,263
244,297
251,396
477,537 2,131,328 2,'<54,906
80,'?41
597,527
793,454
80,214
660,166
801,888
54,552
12,030

.

526
1,890
13,363

6,6 14

4,030
38,184
21.781
311,805
37.407
32,866
103,078
62,054
20,000

A Wcsfu G

Net...
1 Id, 000
93,537
Minn. A St. Louis ...Gross.
Net... def. 6,278
Gross.
74,572
New Brunswick
Net...
23,975
July 1 to Apr. 30, ! G; oss.

S

49,743
25. '49
15.C80
271,000
43.937
487.000
23,034
9,618
7.202
37,840
35.600
5.824
158.800
21,775
11,687
16,824
46,496

Chic

1888.

1888.

$

Chic. ...Gross.
Net...
to
Apr.
1
30, ( GroiS.

Cairo Vin.

.—Jan. 1 to Ajtril 30.—
1888.
1889.

Ajirll,-

'

Roads.

.

Ill

XLVin.

"It is a weU-known fact that the rates received for the transportation ot freight have been from year to year seriously reduced, as the result of competition and adveree legislation.
To counteract this it became vital that in some way the volume of business to be done under these rates should be increased rather than reduced. The problem presented to your
Board of Directors and Officers was, how best to accomplish
this object.

"The territory of rapid growth of population and product
had been pushed beyond the Missouri River into the region of
cheap lands. In the meantime, while the lines of this comEany terminated at the Missouri, its competitors for business
ad extended beyond, reaching in many instances the extreme
western boundaries of population east of the mountains and
Tims the volume of traffic received by this
even farther.
company for carriage to and from the west was materially affected, while, in order to restore the equilibrium overbalanced
by the reduction in rates, the reverse was necessary; a larger

.

JONB

THE CHRONICLK

IS, 1889.J

rather tluin a smaller share of the tonnage to and from pointa
west of the Missouri was demanded by the situation." * •
"The extension was, by unanimous decision of your Board
of Directors, determined upon.
It is confidently Ix'lieved that
in the near future tlie results flowing trom it will fully justify
the conclusion. A new, fertile and productive region nas been
entered, and is being devoloped with satisfactory rapility.
State statistics, covering iiopulation, products and inateriat
resources, dLsclose facta an<i possibilities that may well inspire
confidence in its future wtalth, and to them your attention is
invited. A thoroughly constructed road— with Hteel raiU, iron
bridges, sulwtantial shops and station building -has l)een built,
and it.s etiuipinent and appurtenances are excelled by no other
*
•
»
•
*
line."'

TJ'O

GENERAL INVESTMENT NEWS.
Amprlran Bxll TrIophonA C«.— Thl* oompwiT ha* <l««hra4
^.1^'' ^""^ quartorlr dividend aad u> estrm 8 pmt oant 4Mdeiul,bothpft7ia>leJuIyl8toitackboldM«of JttiMiM. "nmil.
'.''

mw

reoommmded tli«
of $3,800,000
sioek ob^
half in October, 18W, and oa»4MU In April, IMO, and
s
special meeting of aharriioldm for Sept IS to aooepi
the

Imm

reeton

oJm

mI

authorizing the Mune.

Boon V le RR. Bridge.— The ooupona maturing on the flrrt oC
May, 1HH9, will be paid on preaentatlMn at the office o* the
Union Trust Company of New York.
Canton rompanr.— At Baltimore, Juii« ID. theitookbalden
"The amount of capital stock of the Chicago Kansas & Ne- of the Canton ( Ompany held their
th«
annual meettng. Th«
braska Ry. Co. is $37,687,900, of which this company owns Treasun-r'a re|)ort showed that the inci>ra«> of the
paat Tear
sa.i.i.w.oik).
amounted to $.'>9.0O7 and sales of land, liouaea and arnnnlM
""nie amount of outstanding bonds, all of which are owned netted $98,0.'i6, making a total of re<'eiptM during the
vmrot
by this company, is $2.5,141,000.
$120,280. The year's ezpenaea, including a temporarr toBD at
Amount of Interest oa bonda due tlie C. R. T. A P. By. Co,
$28,120, amounted to $91,842, leaving in the TreiMirer'a l»«iHk
by the C. K. & N. Rv. Co. to January 1, 188S
$',S47,9.S0 $28,988 as a balance.
The old litjord of Dirrotora waa nOn account ot which there has be n paid
1.41«,U2 elected. W. B. Brcwka wan re-elected I^reaidei
t, Ueorge a
Leaving amouat yet due
$»31,5o7 Brown Vice-President, and William W. Janney Semtary
"The mileage of the Chicago Kansas & Nebraska Ry, system and Trea.surer.
Cape Fear & Tadkin Vall-r.— At the annual nwetins. May
is as follows:
2d, the directors were authoriz«-<l to issui' conaoUdatecTbaaia
OWNED.
mitt. at $15,000 a mile to retire outstanding obligntionn. and to proSoutliwest Lire, E'mwoort, Kas., to LibcrHl Kns
vide for further extensions, more narticiilarly the extensioa
South Line,
Ilerlutrton, Kas.. to Pond Creek, [. T..
i4u-ie from Mt. Airv, to
connect with the Norfolk & Weatem RB., a
SslliiM Unp,
liiiinKton, Kas.. to .''allnn, Kas
4930
i I

»•'•

Northwest Line, lIortoD, Kas , to Roswell, Colo
5«8'0S
NeI>on Lnp,
Fairbuiy, Xeh., to N'elsou, Nc b...
a I -20
Clay Ceuti r Line. McFarlaud, Kas to Belleville, Kaa.
103-98
Dodge City Line, Dodge Cit.v, Kap., to Bueklln, Kas
25-t7
LEASES.
Over L'T.ion Pacific Ry., Kansas City, Mo., to North Toprka, Kas. 07-60
Over Union Paeitlc Ry., Liiuon, Coio., to Deiiv* r, Colo
«S-20
,

Denver, Colo., to Pueblo, Colo

^^GrLude

RR.t.."!'" i
Total mile ige owned
Total mileage leased

113-60

June

Ohio.

Equal

1,840-18 miles of single track.

17578

The Western Line to Colorado Springs, Denver and Pneblo
was opened Nov. 5, 1888. This road is oi>erated by the C. R. I. &
P. Ry. Co. under a lease providing for the payment by the
lessee company of 30 per cent of gross earnings of the leased
annually as rental.
Tlie expenditures for account of construction and equipment
of the road to March 31, 1S89, have been as follows:
^1,93,5,667
For land, laud damages
For enginoeriag expenses........
457, 92
5,670,726
For grading
14,262.99S
For ccustruclion of mad (ex lugivecf grading)
1,903,968
For station bui dings, shops and flxtures
439,884
For fencing.
4,329,145
For equiiment
lines

^^,999,783
Total coat of road and equipment
Of which amount $27,167,029 has been alvanoed by the C. R. T. & P.
Ry. Ci>., in accordance with the agreement between the two companies,
15, 188^,

A

of incorporation

St. Loni!i.— At

were

Colnmbaa,

with the Secretary of State by the Cleveland Cincinnati Chicago & St.
Louis Railway Co. This is the con.sr>lidation of the Clereland
Columbus Cincinnati & Indianapolis, Indianapolis & St. Look
and "Big Four" companies. The capital sUx-k of the consolidated company is $80,500,000, and under the new fee law the
managers of the enterprise handed the Secretary of State a
certified check for $30, ,500. being the largest fee ever [laid for
a certificate of incorporation in Ohio. The articles stipulate
that all rights, franchises, debts, etc., shall be vested in the
consolidated company, which aasumes all liabiUties. Twenty
million five hundred thousand of the shares are to be common
O.,

I,f6t 40

May

&

Cleveland Cincinnati Chicago

Total main track
Add mileage of side tracks

dated

Catawlssa.— The Reading RR. will pnichaae the CatawiMK
RR. chattel mortgage 10 per cent bonds, maturing July 1.
The amount yet outstandinf? is only about $75,000.
CleTelaiid & Canton.— The extension from Cdabocton to
2^anesville is completetl, and will Ije formally opened for business next Monday. It will make through connections at
Zanesville with Baltimore

1,388-00
276-40

to

distance of about 9 miles.

8, articles

filed

and 10,000,000 preferred stock.
Delaware & Hudson. — This company on June

stock,

7

purchased a

controlling interest in the Adirondack Railroad, and will operHudson system. The rood
ate it as a part of the Delaware
extends from Saratoga to North Creek, about 00 mile*. The
terms are not given.

&

Hudson Tunnel.— Stockholders of the Hudson Tunnel Railway Company met in this city and ratified the action of the

directors in authorizing the issue of £.Vi0,0O0 bonda for the
The entire iwoe waa
prosecution of the company's work.
Joseph & Iowa RR. Co.— reported as subscribed for in London a few weeks ago, but tha
consisting of 64-41 miles of road extending from Altamont, pnce was not stated.
Mo., to St. Joseph, Mo., and from South St. Joseph to RushManhattan Elevated. A dividend of IV^ per cent on the
viUe, Mo., together with valuable terminal facilities at St.
quarter ending June 30, 1889, h;is lieon declami,
Joseph, and also the following equipment: Ten locomotives, stock for tlie
payable on and after July 1 in registered bond ccrtiiicatee.
five passer.ger coaches, two baggage and express cars, and 366
box freight cars— was purchased by this company January 1, Ix^aring 4 per cent intt^rest and redeemable at the pleasure oC

8T.

JOSEPH & IOWA RR.

"The property owned by the

St.

—

,

"By

company in its 4 per cent 100-year Iwnds.
Nashrille Chattanooga & St. Lonls.— The graea and net
earnings and cliarges for May and the eleven months ending
May 81 were as fouows:
the

last."

KANSAS CITY & TOPEKA RAILWAY.

1, 1889, of the property of the
Co., this company came into possession of extensive terminal facilities at Kansas City, consi-tingof right of way in Kansas City, Mo., and Kansas City,
Kansas, together with such additional real estate as we shall
need in the near future; also 4-4 miles main and second track,
5-7 miles side tracks, an iron bridge .'561 feet in length over the
Kansas River, a freight hoase in Kansas City, Mo., 410 feet by
41 feet, a freight hou.ie in Armourdale 170 feet bv 80 feet, an

the purchase January

Kansas City

eight-stall

& Topeka Ry.

engine house, a pump-house water tank and otHce

ISDR

1880.

Rro«sea'n!n»'

Op

rating expenses...

Xet

eariilnLS....

In1e<e-t and tuxes..
Improvements

$287,891
183,374

A.

1M7 8.

•i.frto.nso
1,7k-, 345

ri.86S,47S
1,C47,471

.9104,517
$72,S94

«00.e 16

«l, 242 014

«] .3 16.001

#(16,982

t79«>,4S<l

•6ai,676

3,21.'i

l',418

53,1:6

1S5,«M

r75.80»

«78,400

9»S1 503

•837.100

.

building."

»28,7i8
•391.05S
»12,247
a39«.»'0
Bnrpliu
The statistics of traffic, and earnings and expenses, and the
the
NfW York NfW Haven k Hartford.— At Hartford. Ct,
income account, of the C. R. I. & P. RR., were given
finally paoMd the reaohlChronicle of last week on page 762 the general balance Jime 12, 1H89. the Conn. legislature
tion authorizing the New York New Haven & Hartford RailMarch 31 for four years was as oelow
road Comijanv to increase its capital stock to $00,000,000, tlte
GERERAL BllANCE AT CIX)9E OF EACH FISCAL TEAR.
$1«.500.<IOO.
The incr eaae will be a{v-

m

;

:

1885-6.

Aanels $
RR.,bldg(i.,e(iulp..Ac. 60,3K6,236
Stk»4')d9.ow'.!,co8t. 10,-.'33,4l8

A.dvan

toCK.&Seb

Materials, fuel, &c..
Cash and cash items.

.

356,2-0
1,728,340

188--7,
A

1887-8.

1888-9.

A

9

61.712.757
8,660,05i 12,821,397
7,786,242 -..1,18.5,735
785,767
685,452
2,739,690
3,731,981

60,&79,3'^0

65,272.805
9.126,144
27,16",030
l,'i4 2,178
1,44'<,538

72,684,274 81,743,113 99,245,346 104,257,693
Total scsets
«
S
Liabilities—
8
41,960.C0O 41,960,000 40.150,f00 46.150.000
Ftoek, couinion
21,460,000 29,360,000 41,460 000 '47,7-JO.COO
I;ouiled debt
»,213.(IK)
8,213.000
8,213,000
Adilifn and Imp aiot. 8,213,0C0
1, 700,94 !•
1,954 360
789,036
506,751
Accounts payaolo, ...
2<>,0C0
564.850
Unused pi eiuiums
48774.'.
1.441,980
856,227
544,523
lucoiLO account
Tolal IlabiUlios.. 72,634,274
iiirclndeB $.5,000,000 Chicago

<it

81,743,113

99,245 846 104,257,69:!

Southweetem

l)ond» guaranteed.

present amount being
plied to four-tracking the main line, double-tracking the almra
line from New Haven to New London, and for exchangiiu|
with the stock of leased linea. The praaent stockholden wffl
have the preference in subacribing fcr the new stock, whin
mav be Issued at intervala as the needs of the corporatioa nMy
Any stock not taken by the shareholders may h*
re<i'uire.
sold at the New York Stock Exchange.

N. f. Stock Exchaiig*— NfW Seenrltlea Ll«ted,-Th«
Governors of the Stock Exchansre have admitted to dealingi
ii-^:
at U>e l)oard the foUowin
'

Vn Midli'uaal *>00,000
• ^" !l«t«d ei.500.0iO.
itiii-wAr AM
T'Kniit»i.
Uic.<MoM> A w»«T roi!«T
CoMi-Ativ. .*n addlito-al I,-.<«U.,100 of onnimon «tx-'^
eoi ».\73i>.0l0
lotJ amomt llstel *U,263,50^; KDd
liOWO IS' t'«D Railboai
cent gold bi n-?«. iu»li'rK«!>-

4t«
'

*a
na

:.r»t

800

'J'HE

CHROKICLK

luoitgaKe collateral 5 per cent snUl bonds, due Mucli 1, 1914, aud
deemable at the option of the company at 100 and interest.

re-

JIiL-n-AtKEK J^4KE SiiOKK & WESTERN RAILWAY CoMPAXT.— An additional If 197,000 of extens'on and improvement 5 percent sinking
fund gold bonds, making total amount li-stod, $1,002,000.
Denver & Eio Grande Western Railway Company— Central Trust
Company's certifltates for the deposit of 44,997 .shares of the company's

common

stock.
CiiiCAi^o BCRLISOTON & QULNCY RAILROAD COMFANY'— An additional
!t!^,o50,000 Nebraska Extension 4 per cent bonds, making total amount
listed $25,185,000.
York Lake Erie & Western Railroad Company— First mortjrage 5 per cent guaranteed gold bonds, due January, 1903, $2,800,000.
The issue is to retire $2,000,000 llrst mortgage bonds matured January
1, 1889, and to construct a double track, llnlsUed and in opert-.tion tiuce
last August.
St. I-ouis Iroji Mountain & Southern Pacific Railway Co.mpanyAn addilional .f I74,i 00, general consolidated mortgage and land grant
iklug total amount listed $18,078,000.
5 per ceut bonds,

New

m

Georgia Southern i Florida'Railroad Co.hpany.— First mortgage
6 per cent gold bocds, due in 1927, $1,440,000.
COEUR D'Ai.ENE RAILWAY & NAVIGATION COMPANY.— General first
mortgage per ceut gold bonds due Oct. 1, 1938, $627,000.
San Francisco k Northern Pacific Rmlway Company.— First
mortgage 5 per cent gold bonds due Jan. 1, 1919, $4,000,000.
Lehigh .t Wii.ke-uarre Coal Company. —Mortgage 5 per cent bonds
due Nov. 1, 1912, $2,887,000.
Mexican Central Railway Co.mpany —New issues: Priority 5 per
cent bonds due July 1, 1939. $7,000,000; consolidated mortgage 4 per
tlrst consolldated'iiieoine 3
cent bonds due July 1, 1911, $45,000,00
per cent lioufis due Jan. 10, 1939, $12,900,000; aud second income 3
per ceut bonds due Jan. 10, 1939, $8,087,000.
American Water Work?.— P'irst consolidated mortgage 5 per ceut
gold bonds, $1,000,000.
;

Eastern Railway of Minnesota.- An addliioal $GiO,000 first divimortgaiO 5 per cent bonds, making amount Itsted $l,150,u00.

sion, first

—

Ohio & Mississippi. In London the English Association
American Bond & Sliareholders gave notice that a meeting

the preferred shareholders of the Ohio & Mississippi Railroad
would be held on the 14th of June, to take into consideration
a proposed arrangement recommended by the commiitee in
reference to the settlement of accumilated dividends and the
It is understood that the
conversion of preferred shares.
plan is for the prefeiTed stockholders to abandon altogether
their cumulative claim and to take a 4 per cent bond for
their stock.

from Springfield ready

—

Orepron Short Line. The scheme to consolidate the Oregon
Short Line Railwaj- Company and the other Western branches
of the Union Pacific Railway Company is taking definite shai>e.
Secretary MiUar, of the Short Line Company, has issued a call
for a meeting of the stockholdere to take action in the matter.
circular explaining terms proposed, etc., will issue about
Jime 15. The call above mentioned reads: "Notice to the
stockholders of the Oregon Sliort Line Railway Company is
hereby given that a sjjecial meeting of the stockholders will be
held at Cheyenne, Wyoming Territory, on Wednesday, July
17, 1889, at 10 o'clock a. m., for the following purposes, to wit:
First. To act upon the amended articles of incorporation filed
-in the office of the Secretary of the Territory, March 11, 1889.
Second. To act upon the articles of consolidation and agreement entered into between tliis company and the Utah &
Norti.ern Railway Company, the Utah Central Railway Company, the Salt Lake & Western Railway Company, the Utah
& Nevada liailway Company, the Ogden & Syracuse Railway
Company, the Idaho Central Railway Company and the Nevada
Pacific Railway Company, approved by the Board of Trustees
June 1, 1889. For the purposes of said meeting the stock
books of the company wiU be closed in Boston and New York
at the close of business Saturday, June 15, 1889, and reopened
after the meeting. By order of the trustees."
Peuusylvania Railroad. President Roberts has been absent on the line of road, and no estimate has yet been presented of the company's losses by the great flood, though the
officers state that it will be nuich less than the amount mentioned in some of the papers. All the breaks on the main line
have bei'n tein]iorarily repaired and there is now an unbroken
line of rails to Pittsburg over which traffic is passing.

A

—

for rail, and 8 miles south of Mount
branches and sidings, 10 miles. Total, 86
The road was under construction to go to Eureka to a

Olive to coal fields
miles.

;

junction with the Atchison line. From Litclifield to St. Louis
trains run over the C. C. C. & I. tracks 57 miles under a traffic
agreement. In consequence of dissension in the company,
default was made on January, 1889, coupons, and a receiver
was appointed. There is a mortgage of §500,000 on 43 miles
of road from Litchfield to a point near Springfield. The Mercantile Trust Company is Trustee, aud at the recent hearing,
Judge Greshain granted the holders a decree of foreclosure on
this part of the road.
The first consolidated 6 per cent mortgage made in 1887
trustees American L. & T. Company of New York, was for
of these bonds, §1,600,000 are
§4,500,000, at §30,000 per mile
issued and §500,000 retained by the trustees to retire the 1st
mortgage of §500,000, leaving §1,100,000 outstanding. The
first lien of the consol. bonds on the road from Litchfiekl to
Mount Olive, which conti'ols the coal business of the Company,
the real estate in Springfield, and the 33 miles of graded road,
was confirmed by the decision of Judge Gresham on June 7th,
1889, subject only to an old lien for §20,000 and interest from
1886.
The road is all in steel, owns its own equipment, and
has no floating debt or receiver's certificates common stock
§1,400,000 and preferred stock §1,400,000.
Southern Pacific Company. The fellowing is a comparative statement of the earnings, expenses and fixed charges of
this company for April, and from January 1 to April 30.
The
total mileage is 5,946, against 5,588 hist year.
A2»U.
Jan. 1 to April 30.
»
Gross earnings—
1889.
1889.
1889.
1888.
;

;

—

.

.

system

.

$2,772,012
Atlantic system...
973,306

$2,913,343
924,551

$10,079,173
3,781,565

$10,644,270
3,826,070

Total gross ....$3,745,318
Net earnings

$J,867,S94

$13,860,745

$14,470,340

$905,007 $1,109,917
2'il,453
117,125

$2,815,898
824,914

$3,699,832
1,095,159

$4,794 991
320,158

Pacitic

of
of

[Vol. XLVIII.

—

Pacitic

system

Atlantic system...

Totalnet
Otherreceipts

$1,052,132
4«,850

$1,361,370
87,056

$.';,610,812

Tot. net income $1,09 -.982
Fixed charges*.... 1,238,375

$1,418,426
1,232,6BJ

$3,826,955
4,952,996

186,113

$S,1 15.149

4,927,288

$il5,763
sr. 187,861
$1,126,041
Addit ions & bci'ts
$50,324
$781,2-0
.$219,102
* Includes iuterest, rentals,
Central PauiUo guarantee, taxes and
Deficit

$139,393
$128,930

sr.

ITnited Stages dues.

Texas Land Grants.— Judge Key, in the District Court of
Travis County, Texas, on the 10th inst., rendered a decision ia
favor of the State against the Galveston Harrisburg & San
Antonio Railroad, on a question involvi»ig the land grant. The
dscision, if sustained, would be important as affecting the
grants of a number of roads in Texas, but it is tliought in
railroad circles that it will be set aside by the Supreme Court
of the State.
The decision rests on Constitutional gi'ounds
and affects only land certificates located since 1876, when the
Constitution
present
was made.
If it should turn out that Judge Key has good law on his
side, the State of Texas, instead of talking the lands away
from the parties who have in good faitli come into possessioa
of them, ought to hasten and have a law passed at the first
session of the Legislatiue confirming their title beyond aU
doubt. There is no charge of fraud or dishonest transactions
of any sort, and the State procured and encouraged the building of railroads by these land grants
The State has particularly invited the. outlay of Northern aud European capital in
constructuig railroads within her bordere, and now, after
thirteen years, to turn around and on a point extraordinarily
technical, to undertake to regain possession of part of the
lands, seems to be a proceeding as un just in its immediate
effect as it would be unwise in frightening capital away from
the State in the f utm'e.
Western Union TcTefraph. The estimated net earnings for
the quarter ending March 31, 1889, were §1,850,000; the actual
The
were §1,363,813, or §13,813 more than the estimate.
estimated net earnings for the quarter ending June 30, 1889,
comi^ared with the actual results in the same quarter of 1888
are as below:
>
Quarter ending June 30

—

St. Louis Arkansas & Texas.— A committee of bondholders
»f the St. Louis Arkansas & Texas Railway has been formed
for the purpose of protecting the bondholders' interests, and
ultimately to formulate a plan for reorganizing the road and
placing the property on a paying basis. The committee
Aci'wl, 1888. JCstimaled, 1889.
consists of F. P. Olcott, President of the Central Trust Net revenue
$1,351,320
$1,450,000
—
Deduct
Company, Chairman Henry Budge, of Hallgarten & Co.,
$122, S02
Interest on bonds
$190,000
Edwin Smith, late Vice President of the Pennsylvania RR., Sinkiugfuad
20,000
20,000
and representatives of the firms of J. Kennedy Tod & Co.,
210,000
] 12.302and Speyer & Co. Mr. Olcott will represent the Central T.'ust
$1,240,000
revenue
fl.i'OD.ClS
Nct
Company, the trustee under the fii-st mortgage, on which the Less dividend
1,077,383
1,077,366
interest due Maj- 1 is in arrears, the payment of the coupons
$162,618
ijy the Mercantile Trust Company having been stopped a short Surplus for quarter
$131,052
7,'366,8;)7
8,397,198
time ago, on the gi-ound that the coupons were not being can- Add suipius for MirohSl
peled as they were paid. Mr. Budge will represent his firm,
$8,559,816
$7.498, .M9
Surplus for June 30
.who are largely interested for bondholders in Europe. Messrs.
The company's fiscal year ends with June 30, and if we take
Speyer & Co. have had no interest heretofore in the company,
the current quarter as appro.ximately
^nd have only consented to serve on the committee at the the present estimate for
correct, the
year will show §1,069,395 more tlian the
urgent request of the German bondholders. An expert has
amount of the 5 per cent dividend paid, against a surplus of
been engaged to report upon the condition of the property.
only §490,364, after payment of 4^4 per ceut, in the precedhig
Mr. George Coppell, who was absent in Europe at the time of
Tlie comparison is as follows:
year.
the default, has resigned from the Board of Trustees. When-»
Tfars ended JuneSO
ever any plan is offered for consideration, it is said that the
1889.
1888.
.$6,206,992
.$5,070..572
first mortgage bondholders in this country can have their Net earnings
.

;

—

.

representatives on the committee
St.

Louis

& Chicago.—The

Company owns from
of main

line.

It

if

St.

Louis

&

Chicago Railway

Springfield to Mount Olive, 111., 53 miles
owns 10 miles of road running north

also

5;:0,258

828.173

$4,510,.^I4

.$5,378,819

Charges

desired.

Balance
Dividends
Surplus

(4%
,

p. c.)

4,043,950 (5 p.c.) 4,309,528
$4S)6,364

$1,069,2^1

,

June

THE CHROXICLK

15, 1889.]

ll^cjjovts

'

ana

Witnemi

lllocuments.

Works

THE AMERICAN WATER WORKS C0.~^

•

801
mmI (b* Mai at Ttw Ain«rWn UTainr

>

C-um|>ui

Tli

8KAt>

:

:

APPUCATIOS TO TUE NICW YORK STOCK EXCHASOE.

w. H. ijAM

:

The Commi"'ChicaOO, 111., Miiy 20, 1KK9.
Tlie Aiuerican Water Work? Comiiany reKix>ctfully umki-s
mnilication for the re-listing of the sixteen liiindrtMl FirHt C<iiisoliJnted Mortgage six per cent bonds, numbered from one (I)
to sixtuoii liundred (1,600), now listed on the New York Stcjck
Exchiinxi'. in jnirsuance of a resolution adopted by the Ooveruing Couinuttce, December 28, 1887, as gold O's. The comEany ])ropoKO.s to make all of its first consolidated mortgage
onds, including said sixteen hundred (1,600) wliich liave already been listed, payable, principal and interest, in gold bikI
to this end it is proposed to cause to be stamped or engraved
on the face of each bond the words following, that is to say
*' This hand and the coupons hereon will
be paid at maturity
in United States gold com of the present standard of fineness.
Tlie sixteen hundred (1,600) bonds already listed have U-en
sold and are in the hands of purchasers, and it is iiroposoil that
the trustee shall, ujwn the application of the holdei- of any of
these sixteen hundred bonds, stamp the same with the words
In addition to the sixteen hundred bonds already
aforesaid.
listed, four hundred (400) more bonds, numbered from numl»er
sixteen hundred and one (1,601) to number two thousand (3,000).
botli inclusive, are held in trust by the Farmers" Loan
Trust
Company, as trustee, for the purpose of retiring an etpial numof
bonds
made
by
the
ber
City Water Works Comj)any, the
grantors of the American Water Works Company.
Of the remaining bonds secured by the mortgage, one thou;

:

&

sand (1,000), namely, bonds number two thousand and one
(2,001) to number three thousand (3,000), both inclusive, have
been withdrawn from the trust, in pursuance of the terms of
the mortgage, and have been sold. Pursuant to the terms of
tlie mortgage and the bonds themselves, the company, before
the issue and sale of said bonds, numbered from two thousand
and one (2,001) to three thousand (3,000), both inclusive, reduced the rate of interest thereon to five per cent (5 p. c), and
accordingly caused to be printed upon the face of each of said
one thousand (1,000) bonds, by the American Bank Note Company, the words aforesaid, namely: " This bond and the coupons hereon wiU be paid at maturity in United States gold
coin, of the present standard of fineness," and also the words:
'•Interest ujwn this bond reduced to and fixed at five per cent
per annum before issue," and upon the face of each coupon
the words: "Reduced to twenty-five dollars."
The endorsements upon the bonds and coupons respectively,
in regard to the reduction of interest, are in accordance with
the provisions of the mortgage, as will be seen by reference to
paragraph 7, on page 5 of the printed copy of the mortgage.
To further accomplish these ends and secure the payment of
the principal and interest in such gold coin of all bonds now
issued, and those to be hereafter issued, a supplementary
mortgage has been prepared, and the terms thereof agreed upon
between the trustee, Tlie Farmers' Loan & Trust Company and
the Water Works Company, and the same has been executed
by the several parties thereto, by which all the proi>ert}- conveyed by the original mortgage and all subsequently iiciiuired
property, and all prqperty that may hereafter be acquired, is
conveyed to the trtistee for the uses and purposes in said
original mortgage mentiipned, and to secure the payment of
all said bon(&, principal and interest, in gold coin of the
United States of the present standard of fineness; and the
said supplementary mortgage aLso recognizes the reduction of
interest on the one thousand bonds, numbered from number

••—

'

•'

'

81,000,000 Ki

Uonds, NoH
Adopte<l Juno

r Ctol OoU
tnth* lU,

-'

1

i:ith.

188U.

Chicago & West Xlrhkiin.— The following
been issued

liy

Tho Dln-ctnr*
luiiHirtiiiifO

the Treasurer
of

.if till-

ciT<

:

thU cnmpanx burn fm
I'll, n.liin

nf tliU n,;„l

i

till

trv,
HlcliU'iiii.

Th« low prire of steel mils «n>t other miiterljil* at
eons' nictloii.nnd II has tliirfirnm li.-ni di-il r<l tn t
wllliciiit further drlny
iiiii
ntui'klii<lrlen< of ibr (Jtilr
bi-en calliil. to lie held st tii
>

;

.

on Weilnosdnv, Jrily In,
the pntiMMe of uon^ldi^rliiK aii'l
Mleli..

:

articles of iisswlullon. Xtt lie Iliei
which will eiinble us to curry mi! tli
have as large a voto as po<*Hltile, unit y "
and return emlosed prDxy fur the m.
l>e closed from June 3U to Jnly U, ISiil, \wAi •l.it. »
engineer estimates the cott nf this r ii<l, h Hit In a fli
with sixty-pound steel mil. at ii..r ix. .e.Iirn; *' i.Oao
luK discount on Ifoiids aiiit

OOo, and the securltlf* ai>
exten*-lon b.v the stoekhol'l.
securities offered are the sI'ilk of t;
mortgage bonds due Dee. 1, lO'JI.

nioitgagedalcdDeo. I, ll!l9I. The
lows: For each si'ty shans i.'
thereof may suhscrtlxi for a blo'
gage bond, 5 shares common »'"

;

i

I.

at close of busiueis June li', ISS'J, ul J 1'. M., will be
scribe, and the puliHcrljitlon IIkI and as Ignmentof rUI'
July 3, IH8'.», at 3 1". M. Bul>seriptloiis wlv. t.e paja'T
Treasmer upon at least ten days noil
cent In any one mr>nth. Coup jn later
'
•
»
as called.

,,-r
ntJi

.

,

.

Kansas City Fort Scolt & Xeniphis.— The Treasurer

company has

r.

of this

issued a circular containing; the fol!nwlr>g:
B<>^

•

- >.

To

the Stockholders: In 1883 the Kansas Oltj t-i
.'hi*
Railroad Company completed Its railroad to the It.
.I.nn.,
and plnce that time all Its paswngcr and freight citts lu au<l Iiub that
I>o!nt have been traDsfem:<l acr^ ss the Mls-lsslppl Klver by ferry. The
management h,<s for some time felt that the IncreaKi >l tr >-; r-n it« nmd
r.Nh. and.
demanded better fv.lUtlis for transfer than l>on'
obtained
realizing that this iiee<I wnuld inn.'ttftntlr grow u
charter
f>:
of
Arkanwas
a
in 1887 from the State
ndbridgf
I

,

.

company, under th>i name "f "KauMH city
Bridge Company," and In l-'iS an act (f
bulldlngof such abridge. As re'iulred
has already been commenced upon th

iiayaDd
'Ing the

i.

••s«.

work

:vely con-

'• be open
tinued until the bridge is completed.
rrl«OD,our
for trallle Inilieearlypartof the year
appruorbeeas
chief eoKlueer. e.«tlmate< lie co.it of i
cover Interwt
$2.: OO.OUO, wliii h Is regarded as ami
iitlogeBclcsnnt
during con^trUl'li<'n, discount on boiMl-.
,
been
llii.ugb^
provide (or a
by
estimate,
it
ha«
Uait
to
covered
this
somewhat laiger evpendlture. Thi:< eompany has already Mtvaneed to
of
money
far
re<)ii1rr<t,
comjany
all
the
thas
the bridge
l>roposes to furnish all that may be hereafter needed aecoHiDg to
the estimate for the cuiistructiuu of the bridge, taking In payuieiit
therefor the forty years' 5 per cent gold bond" of the nr U'« rompaay
tt-age will
secured by liistniortgage upon Its entire
• applied,
eontain a provWon foranannnnl Kii.kingru
•!»
tin
fr
in the
interest
aciTuint;
with
the
together
hands of the trustees, to the pnrrhiis<- or draKiugluii«rli)>i»tuf twudaat
bonds
purcba«ed
inti
the
'O
and
necrued
ccui'on
rest:
110
not exceeding
or drawn not to be canceled, but to eonlliiue to draw .nii."!: lut'n st In
exthe bands of the trustees, and to be used, if lU'cil
.> bo
pense of extraonllnary repairs, or If not nsol fn:
[i;
v bole
aljo
will
The
niortgUBe
iiiatuiity.
canceled at
amount of boiul.-i that may be issued under and scvuied vyitsluUaot
1

'

l

u4

y

i

two thousand and one (2,001) to number three thousand (3,000).
from six (6) to five (5) per cent.
exceed $3,OOC>,000.
The facts in regard to the incorporation of the American
This eoii«iiiiuy now ofTers to Its storl,lifiTder~
itHi-'uaiaii'ce both as
Water Works Company, its capital stock, its object and pur- bonds, with
upon
ilie followiiii.' leniis: For each
poses, its princij^al ofiice, and the carrying on of its bu-siness,
r,.;i-r,,:t .V .Mm;.;!
~
-if.
the Kai
are already before you in the original apphcation upon which stock, or
the Kail
the firet sixteen hundred of said bonds were listed.
I":'V
The present grass earnings of the Omaha property are at the of
JJOl'
rate
of
rate of .?300,0(H) per annum, and are increasing at the
Ihr
r.«7.5,000 annually.
The operating expenses are approximately KoiL i_u,.
Ihe su:
fur eaih bond.
$W.0OO, leaving upwards of $230,000 of net earmnga to meet i^aOO
record June 18. 1880, at 3 P. M.
interest charges of §170,000 per annum, as follows:
of ri'-iii- win iii.se on .luly 1, 1per o« lit .I;ily
pav
Interest upon $100,000 underlying first mortgage sU per
upon at least
at*

>2..'0n.iii

^
n of, (heeo
'"d.
of

t

i:

..u

.-

.

r._-r

ccut bonds
^7.'9SR SX
OJj.OOO 00
Interest i;pon .fl.OCO.nOO first consolidated eix per cents..
50.000 (H)
lutercst upon ^=1,000,000 flrst consolidated five per oenta..

$i7o,ooo lO

The $1,000,000 of bonds, numbered from number two thousand and one(3,001)to number three thousand (8,000), inclusive,
concerning which apphcation is made to have them placed on
the list, as gold 5's, have been issued by the company to meet
the actual cost of extensions, improvements and enlargemcnfH
of its works, including the construction of an entirely new
pumpmg station and extensive settling baBins, the actualcMb

which to January 1st, 1889, is in exc«W of $1,000,000.
Herewith please find copies of the supplenientary
mortgage, and also a sample bond of " The Amoncan WatciWorks Companv," Iiaving thereon the words aforesaid, providing for the payment of the principal and interest in gold,
and also the words for the reduction of the interest on the one
thouiiiuid bonds, niunbered from number two thousand and
one (2,001) t« number three Ihoueand (3,fW», incKuive, from
six (6) to aye (S) per cent.
cost of

cocl....^

allowed ou

lu any
.
I'Ui uu-iiU iw ealled.

oueiuoni

Cit.iUi.t.--

.^1

Kansati Citj Wyandotte k Northwesten
^
has purchased the Lawrence E^jHiria &
road Company, 31 miles, lawrence to t'arl.
• •
- ••
Fields), and has entered into a cotv
'

trackSNge fur 99 years. Tonpnnoi'
Ihiiicqtjired valuable terminals.

Kanaaa City and Lawrence, thence loUi
where a largo totmage is expected.
thorized the exten.sion from Summerticbl
milw, and it
line) to Beatrice, Neb.,

U

l>,

n)

contract.

—Messrs.

Tobcy

A

Kirk have n-tn>irid t»

No. S Broad f^:
find them. They mak.
city. State or railroad.

n ftnc •nite of

olBceii at

—AtUntion
Stmtou

of five

ia directed to

*

U)« offering by Mcskth. Coflta
ox Jersey Citr, N. J,

and seren per wat bonds

;

1

IHE CHRONICLE.

802

[Vol.

OT TON.

C

COMMERCIAL EPITOME.
Friday Night, Juce

Friday, P. M., June 14, 1889.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 5,188 bales,

The Movement of the Crop,

14, 1889.

Business, though still large in volume, has begua to assume
the quirter aspect which the approach of m'dsummer generally brings, and some weeks must elapse before the revival

against

6,710 bales last

week; making the

autumn season can be expected. In the
Receipts at—
mfantime a very fair export movement is in progress, the
Galveston
staples of agriculture in the North and West being well
El Paso, &c...
down to shipping limits. Of cottons, however, we appear to New Orleans...
have very little to spare but the recent improvement in crop Mobile

and damaging crops
add to those mentioned

but there are
last week.
no serious disasters to
Lard on the spot has been declining, without leading to
any decided improvement in the volume of business, until
yesterday and to-day, when a good business wa? done, closing at 6-30c. for prime city and 6'87Ji@6'90c. for prime Western, with rrfined for the Continent rangirg from 6-80c. to 7'3oc.
The speculation in lard futures was dull and prices nearly
nominal, yet steadily giving way, until to-day 6,000 tcs. were
sold at 6-87C. for June, 6-93@6-94c. for July, 7 -(87 -QSc. for
August, and 7-06@7-07c. for September.
;

DAILY CLOBIKO PRICES OF LAKD FCTUKES.
Salard'y. MoncHi/Tuetd'i/. Wedn'sd'y. Thursday. Friday.
6-90
6-96
6-95
692
e 86
June deUverj-....c. 6-96
6-97
6-93
0.7-03
701
699
b-98
July deliver
7-00
703
705
705
702
Aug. delivery. ...c. 707
711
710
709
708
706
Sept. delivery.... c. 7-12

Pork has been dull with prices steady, and so closes at
|12 25@|12 50 for extra prime, $13 25@$13 50 for new mess
and |13 50(g$15 for clear back. Cutmeats have been active for
pickled bellies, and they have brought more money in some
cases, 12 Its. average selling at 6%c., and 10 lbs. average at
7c., but the close is quieter. Quoted: Pickled bellies, 6(a7i^c.;

July

AnguBt

15-40C.
15-45C.
15 550.

I

I

September

1 5 -700.

December

October

15-75c.
15°35o.

January.
February

November

15'85c15'80c15-95c.

—

a decline of lc.@l'15c. from last week, of which 80 points
to-day.
Raw sugars are again decidedly higher, and the market is
somewhat excited and unsettled buyer and seller are
apart fair refining muscovado is quoted at 7 1-16j. and centrifugal sold at 8c. for 96 deg. test. Refined sugars also
dearer at 93>^c. for the prime grades of " hards." Molasses
has advanced to 31c. for 50 deg. test and the sales to-day
embraced two cargoes of Porto Rico at 36@39c. The auction
sale of teas on Wednesday went off at easier prices for
;

;

dull and the sales for the week
are only 200 hhds., half for export. Seed leaf is very firmly
held, checking business somewhat. Sales for the week are
only 1,090 cases, as follows 350 cases 1887 crop, Wisconsin
Havana, 103^@14c.; 800 cases 1887 crop, Pennsylvania seed
140 cases 1887 crop, State Havana, 13@16c.;
leaf, 10@13i^c
150 cases 188» crop, NewEngla'-.d seed leaf, private terms, and
150 cases sundries, 5@30c.; also 500 bales Havana, 67c.@|l 10,
and 350 bales Sumatra, $1 40@|1 95,
Refined petroleum for export is quoted at 6'90c., and crude
certificates closed at 83J^'o. 835^c.
Spirits turpentine has been
Rosins are steady at $1 10^
dull, but is active to day at 38c.
for
common
Hops firm, with a
to gocd strained.
$1 12}4
steady export business. Wool less active, buyers refusing to
pay the prices asked.
On the Metal Exchange Straits tin is lower, but closes
steadier, with sales to day at 20'20c. on the spot and 20 -250.
for the autumn months. Ingot copper is dull but stfady at
12-lOc. for lake and 10c. for G. M. B. Lead further advanced,
but latterly declined, selling to day at 3'95c. on the spot. In
terior iron markets are better, especially for manufactured,
with sales at Philadelphia at 2'05c. for angles and 2c. for
plates; gray forge pig at Pittsburg $13 (35@$U.

Kentucky tobacco has been

previous

Fri.

-15

Total.

702
43
374

1,832

6

41

5

796
43

3

09
13

494
3

232

154

166

53

107

712

52
17

238
17

531
11

6

28

152

PortRoyal,&c
Wilmington ....

2

3

13

18

Wash'gtou, &c
Norfolk

21

1

23
87

1

87

West Point...

49

49

85

153
390
74

726
390
216

851

1,967

5,188

N'wp'tN'8,&c.

New York
326

93

Boston
Baltimore
Plilladelpli'a,&c

44

Totals tills week

744

For comparison

36

33

98
242

793

591

we give the following table showing the week's

total receipts, the total since September 1
to-night, compared with last year.

1888,

and the stock

1887-88.

1888-89.

Slock.

Beceipli to

June

Since Sep.
1, 1888,

Thit
Week.

14.

Galveston ...
El Paso.&c

796
43

New Orleans.

1,832

1

41

Mobile
Florida
8avannali. ..
Bruns., &c.
Charleston ..

712
238|
17'
is!

I

23
87
49

I

I

Totals

1888.

1,628

4,394

179'

730,783
203,794
24,305

39,266
1,974

87,396
7,317

3,559

862,2,52

2,037

7,337

367

75,716
413,295
16,074
167,819
4,932
481,297
400,989
114,524
92,955
90,721
44,874
26,127

1,405

,673,480

4,810

209,107
27,010
812,279
132,099
383,400
15,588
151,797
4,369
484,163

1,

2,017|

29
72'
I

1,877

964
19
582
786
47
98

136,103
129,357
102,827
65,278
50,883

1889.

653,288'

671,336
22,954

6,188!5,432,399

1

Since Sep.
1, 1887.

TliU
Week.

410,.369

726
390
216

1,207'

2,936

44

I

1,583

566J

11,660

1,625
2,200!

4,500
2,263
4,151

2,443
175,786
7,000
9,358
15,552

244,4791

332,806

183,062|

16,812!5,403,745

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.

&o

839

Orleans
Mobile

1,832
41

New

Savannah.

..'

Charl'st'n.&o

WUm'gt'n,&c
Norfolk

Wt Point, &c'
All others

'

Tot.thisweekj

1,405
4,810

3,559
2,046

18
23
136

73

433
786
108
434

45

307

165

1,361

7,811

1,041

330
1,743
2,814

269
99
63

26

7

2,412
4,725

242
98

179

712
255

we

1884.

1885.

1886.

1887.

1888.

1889.

Receipts at-\

Galv'aton,

11
148

1,877

45

4,389

983

550
6,911

256
365
612

24,881

2,877

1,332

1,880

101
1,498

5,188

16,812

3,549

171
18
265
95

Since 3ept. 1 .5482,399 5403,745 51 83,468 5232,830 4712,884 4777,380

week ending this evening reach a tota'
which 15,817 were to Great Britain, 6,894
Below are
to France and 4,999 to the rest of the Continent.
the exports for the week, and since Sept. 1, 1888.
The exports

Japans.

66

319

Savannali
Brunsw'k, &c.
Charleston

.

June

Thun.

Wed.

Taet.

i!3

ers,

grade of Rio is quoted to-day at 18c., against 18f^c. last Friday, with values generally very unsettled. The speculation
in Rio options was dull and prices slowly gave way, until to
day, when there was a decided break, from no cause apparently except a desire of the long interest to unload. The
close was somewhat irregular, with sellers as follows:

7,690 bales the

Florida

HJ^@llXc-; smoked shouldP.Boyal,&c
Beef is nominal at
6(86J^c. and hams, 12J^@12>ic.
Wilmington
f6 75@$7 for extra mess and |9@$9 53 for packet per bbl.
Wasb'tu.&o
India mess steady at $12@13 per tierce. Beef hams are in Norfolk
Tallow is easier
fair demand and dearer at f 15@|16 per bbl.
West Point.
fctearine easier at 8@8>^c. and oleoand closes dull at i%c.
NwptN.,iS[C
Butter is quiet at 14® 18c. for New York. ..
margarine lower at 6J^c.
creamery and 8@12c. for West rn factory. Cbeeso is firmer Boston
and more active at 8@9c. for State factory, full cream.
Baltimore. ..
Cofifee on the spot has declined very materially; fair cargo
Phll'del'a, &o
shoulders, 5(35}4'c., and hams,

Mon.

Sat.

;

prospects promises a good yield for the n^xt season. Still it is
of course much too early to speak definitely as to the result
of that crop. There have been local storms of considerable

week and

total receipts since the 1st of Sept., 1888,

5,482,399 bales, against 5,403,745 bales for the same period of
1887-8, showing an increase since Sept. 1, 1888, of 78,654 bales.

incident to the

vit lence, causing floods

XLVm.

for the

bales, of

of 27,710

:

Week Ending June
Exported to—
Exports
Oreat

;

Brit'ti.

New

Orleans..

6,635

France

6,8M

From

14.

June

14,464

Great
Britain. France

Continent.

e2,iT9

SaTHQaah

44,909

880

West Point.

.

4c.

Baltimore
Phlla<lelp'a,*c

54,133

s,e«7
3,88-

1,678

175

Sf8

5,345

s,a&7

118

3.053

583
8,171

217,729
171.093
85.637
668,151
224.168
133,738
45.000

2btal.

229.858
38,054
177,661
22,686
43,952
12,361

1£3,454

58,525

262.840
3,205

977.519

2,860

56,837

192.923
68,217

11,642
5,362
25,740

78,082

Wilmington...
Norfolk

Nwpt Nw«,
New York

18W.

314.442
1.415,HB
60,408
323,879
88,315
257,821
100.747
261,678

205.739 21.076
750.063 276,851

87.627

418.836

60,49S'j

tso

14,

Exported to—

Conti- Total
nent. Week.

1,935

Seft.l. 1888, eo

l*5,«3T

13.211

227,373

15.817

6,891

4.989

27,710 2,h21.4a3 .•!98.W8 1,357,096 4,577,;t65

Total 1887-88.. 23.828

108

15.287

38,001 ?.71S.6;6 386.313 1.257.610 4.8a0.03<)

.

.

Junk

IS,

THE CHRONICLK.

1880.]

In addition to above exportg, our teleKratn8t<>-niKht»J«o Hire'
as tlu. foll,,wi„g amounto of cott<>n on Hhi„lH«r,l. n«tX?iS!
add similar figureB f<ir New York
at tlio iM)rU named.
whifh lire proimred for our s|>ocial use by MeaBrs. Carey, Yale A
Lambert, 34 Beaver Street.
'

We

Tim

808

>._>—_
Huh .nn t>..<.~ ^.
^
°' *'"»«•" ""^^

inJSm^^S^TiuS?
»"«>"«mmt» wow.

.

•O'

.

»b.

I
'

On
June

11.

at—

France.

Britain.

Npw Orleans.
Mobile
CbnvliMton ..
.

Other ports..

1,100
5.200
5,000

Gtthoston
Norfolk

..

.

,.

New York
Total 1889...
Total 1888...
Total 1887...

None.
None.
None.
None.
None.
None.

5,847

None.
None.
None.
None.

PllVHIlllilh

Shipboard, not cleared —for

Ltartne

Great

24,978
5,753

4,947
None.
None.
None.
None.
None.
5,450

I
'

350
None.

5,331

212

11,005
None.

400
75
769
300

400
75
7fl0

1,400
ll.ooo
6,000

None.
None.
1,755

i

j

'
I

211
None.
'

1,000

350 11,397

17,147

Stock.

TottU.

16,270
0.099!

80,649

I

3,925

49,504
16,485

1,421

The speculation in cotton for future delivery at this market
was very great for the first half of the week under review,
owing to the closing of foreign markets for the Whitsuntide
holidays. The business for the three days was only 28.700
bales the smallest recorded for the same period in the history
of our Cotton Exchange. Naturally the fluctuations in prices
were within the narrowest limits. The statistical position on this
side was regarded as an element of strength, but the improved
rejiorts from the growing crop were about equally an element

—

of weakness.

pool

si>ot

'

'

i

'

On Wednesday the

sluggish action of the Livermarket, after having been closed for several days,

,

]

I

«

had a discouraging effect upon our bulls, and they unloaded
with considerable freedom. Some of the more venturesome
bears aLso put out short contracts to a moderate extent, and
prices steadily gave way until lO'GOc. for August was reached,
when a slight recovery took place, on some buying to cover.
Yesterday there was a slight advance, on a better report from
Liver])ool, but at the better figures business again became exceedingly dull, and the early advance was more than lost. Today there was a further decline, August options selling about
noon at 10'50c. From this price there was a partial recovery,

New York

is relatively much cheaper
Cotton on the spot met with a
good demand for home consumption at steady prices. The
bears to the .speculation in futures declare that much of our
stock is of very low grades, and that good lines are scarce;
but there is probably some exaggeration in such assertions.
To-day there was a decline of l-16c., middling uplands closing

the bulls asserting that

than any other great market.

<»
'

°

at lli^c.

The total sales for forward delivery for the week are 207,400
bales.
For immediate delivery the total sales foot up this week
8,107 bales, including 965 for export, 7,142 for consiunption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week June 8 to June 14.

—

—

—

—

UPLANDS.
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary

V

'

LowMiddllnK

8'',«

9",. 9%
10>4

10',8
1011,6
10is,«

10%

im

^

S'l,,
1

Tnea! Wed Th.

Hon

Sat.
lb.

9%

8ii,e
Q"*

i

'

Siiigl

8n„| 8",,

PJs

9»8

i

1

8»8
9ii«

9>8

'lOhs 101,8 101,8 101,8 10i,« ilO
110>9
Ill
Ill"*

il0>a

10>s

Il0>a

11

11

11

IIU

11^4

IIH

10»«

llO'.g

ill

101«i8
11*4 iH'ig
117,8 111,8 in,« ll'ig ll'i* 11%
111*,«HI*1» 1115,, lH*,, lll«„ill''8
12".,8 ;12',8 12»,8 12S,« 12>,« 12>8
IHH 12»s 12% 12»i«
,ia»8 ^12%
13'4
IS^ IS^ |13»18
1314
13>4

Good Mddllng

MldcUingFair
Fair

STAINED.
Strict GcK)d

8%

ICi ilO^
10% 'lO%

10%

8%

81,8
S's

8'ig

ia

8^8

ml

GULF.

Good Ordinary

8

,g

S's
O'-'m' pi^ie
10>4 |10»4

11
11
11
11
!H
ll»,g 113,8 ll'jB ll-,«
11«,. !ll»l»
ll''i« llii,JlliI,ellili8 1111 1.11%
ll'5i» lllS,8'lll»,6ll">l lli»,8ll'a
12% 12% 12% 12% 12% 126,8
il3
113
il3
13
13
12 »,8

Fair

Strict

S^

10%

Low Middling
MIddlinK
Good Middling
Strict Good Middling
Middling Fair
Strict

Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
I^w Middling
Strict Low Middling
Middling
Good Middling

8

8'ig
<

Wed Tb.

IHon Tnea

Sat.
lb.

Sat.

¥

'

Ordinary

raonlTnea' We4

I

Tb.

I

85,6

85,8
8»ig
Si*,*! 8it,8'
8>»,« 81*18 8'8
9ia,8
9'8
9^8
9^8
9'8
9'8
Il0ri,g|10>l,..ll0iii8;i0u,, 10ll|8ll0%
85,8

">.'
I

Low Middling

i

1

Middling

MABEET AND

SAUBS.

The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.

881.300: S<-|>W<intN'r-'Marrh. for March.

SALBS 0» SPOT AKD TBAOTIT^_

SPOT If ARKBT
CL08KU.

Export.

Oon- Spee-lTran-]
Total.
tump,^ui'l'n\ tit.
I

jyiiv
Sale*

tritt.

I

Sat. .iQnIet & steady.
Hon Onlct A steady.
Tuea. Quiet & steady
Wed. Steady
Thar. Easy
Frl... Quiet at 1,8 dec.

765

Total

965 7.142.

6,600'
466{ 11,500
6771 12,300

4,179

3,414

466
677
977
200:

977 63,100
988 38,300
820 76,800l

9881
620]
....I

• tnoludes sales In September, 1888, tor Beptenker, 16M0Qt SaftMbei^Oetober. for Octolxr. 394,100; Peptembar-Sovenbar. ter iMvaak*',
585.600; PeptrinlMT-D.'Oomtwr, for DeeeBbc^ 9 0;400i aaalaakwJanuar)-, for Jaiiuurr, l.t»o,.'m<>: Septooibar-ftlmarT. fw MknMrr.

..
..

..
..
.

..

8,1071207,400

The daily deliveries kIvmi above are Mtually delivered tbe day
prevloiu to that on which they are reported.

l.M4,M0i MMMatar-Affll.

for April. l.'J.ST.MXi; HvpitMnbcff-May. toc M«jr. 1.8«l,10a
eaek
rT" Wo have tni'liidol In the above table, aad ifeaO aaaUaae
aMmth. It
w.wV to (tlTf, the averaice nrloe at ftituMS aaoh day tor

aMh

will Im> found under each dar toUowiiuc tbe abbravMlM " Aver." T>a
average for oach month toFQie wee* \» alae •$«•
'•**5? "fJ
Transferable <>rdei»-8atuMar> »0<0e.: Hmidar. t»-«B«.: T
10 65o.; Wednesday, 10-5i>«.: l^onday, 10-S6e.: rHdaj. 10-4Be.

•

The following exchangea bar* been nwde during the week:

64 pd.
62 pd.
OM pd.

to excb. 200 Srpt. for AnK.
to Hoh. .100 Seitl. for Auk.
to ezeb. 200 June for Anit.
•0(1 pd. to eich. ;:<N> July for Aug.
•©.i pd. to eirh. '.i(K) July for Aug.
-07 p«L to excb. 1,200 Jane tor Aug.

06 pd. 10 exeh. 800 JnlT tot Aa«.
66 pd. to excb. too CM. tor AM.
07 pd. to exeh. 100 Jnae a. a.

mk

tor Aacaal.
•66 pd to esah.
•06 pd. «• axak.

MO reb. tor Aa«.
too Jair

tor

ABf.

.

:

..

;

IHE CHRONICLE.

804
The Visible Supply of Cotton to-night,

as made up by cable
telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (June 14), we add the item of exports from
the United States, including in it the exports of Friday only.
1887
1889
1888
18S6
Stock at I.ivei-pool
bales
S60,000 707,000 847,000 6(i4,o'oo
23,000
14,000
17,000
18,000
Block at London

and

atBremcn
at Amsterdam

874,000
2,300
43,300
20,000

724,000
4,000
38.000
14,000

at Kotterdam
at Antwori)
at Ha VTO
at Marseilles
at Barcelona
at Genoa
at Trieste

300
23,000
110,000
5.000
68,000
16,000
11,000

400
GOO

Total Great Britain stock.

Stock
et«ck
Stock
Stock
Stock
•Stock

Stock
Stock
Stock
Stock

at

»

1

Hamburg

298,900

Total Continental Stocks

670,000
2,900
48,300
32,000
200
1,200
234,000
3,000
49,000
8,000
14,000

164,000
4,000
70,000
5,000
7,000
307,000

682,000
4,300
42,900
27,000

392,600

355,200

1,172.9001,031,000 1.262,000 1,037.200
Total European stocks
199,000 179,000 319.000 -...-.,
attl,000
India cotton afloat forEurope.
Amer.cott'n afloat for Europe.
Egypt,Brazi!.Ac.,afltforE'r'pc
Stock in United States ports
Stock in U. e. interior fowns..
United States exports to-day.

95,000

80,000
18,000
244,479
23,761

.

4,451

200.000
12,000
425,218
94.238
2,231

30,000
31,000
315,016
32,074
1,280

2.5,000

332,806
78,658
22

supply

1.742,591 1,741,486 1.993, 970 2,064,887
Of tlic above, tlie totals ot American and otlierdescriptions are as follows:
Total visible

Aviancan—

599.000
144,000
80,000
244,479
23,761

Liverpool stock
bales
Continental stocks
American afloat forEurope...
tinltefl Mates stock
United States iutcriorstocks..
United States exiwrts to-day.
Total American
East Indian, Jirasit, dc,
Liverpool stock
Ix)ndon stock
Continental stocks
India afloat for Europe

4,451

—

261,000
14,000
154.900
199,000
18,000

Week ending
June 14,

315, 016
32, ,074

Mo7l.

Galvestou...
New Orleans
Mobile

10?4
105i
10^8

10?l

10%

Savannah...

10i<j

ro^

Charleston.

lO's
IOI2

1078
IOI2
11

646,000

747.600
1 ,095,691 1 ,209,486 1,2 16,370

Total visible supplv
Price Mid. Upl., Liveri>ool
Price Mid. Upl., New York

Augusta

169,000
18,000
107,200
294,000
12,000

.

Louisville.

.

1

,464,687
5i«d.
9i8C_

6d.

IfitC.

into Continental ports this

11

Tkurs.

j

week have been

l.^.OOO bales.

The above figures indicate an increase in the cotton in sight
to-night of l.lO.j bales as compared with the same date
of 1888. a decrease of 251,379 bales as compared with the
corresponding date of 1887 and a decrease of 333,296 bales as

10 «

1034

—

li:>8

1058

IOI2
10^8
lOHi

101-2

11

11

lOlg
11

11%
11%
10%

lO's

11%
11%

11%
11%

lO'^e

10-8
lOiiig
lOtije

liaJI

1011,8

11
11

11
11

11
11

10Ui«

10u,e
lOU.g

11
11

11
11

11
11

?2.= ES^E E'±z 5 ic ¥ E =

:.S.-

<.i,.'" J^

S-

consumption;

they are simply a statement of the weekly
the plantations of that part of the crop which
finally reaches the market through the outports.

movement from
Wtek

Reeeipta at the Porta,
1887.

May 10...,
'
"
"

17...

24

:

I2.66fl

10,626

1888.

1889.

88

22.41

23.S

I

'

|
1

1

SO.OCS

13,487

SVk at Interior Towns.

Rec^pte

1888.

18ST.

1887.

[

|

18S0.

«i

.

.

.

.

s c »

u,

from PlanVns.
i

1888.

-I72,610 145,074
64.868! 131,277

58.443

5i.81?i|l07,44-:|

33.4 IS

15,268
8.4s5 10.166
2.94l| 12,156

51,959

2.981]

..

».-M\

23.6111

9.743

81...

'<.69ll

24.556
.556
19.«2i
.a2i

7.090

4,032]

31.708

l,S£8i

5.129

3.54ii!

16.812
.812

6.188i lfl.093; 83.071)! af),09;

I

6,91-^

June

7...

14...

!

9,0:0
I

48.619
B8,5'^8: 117,812! 4i.l9l

1889.

P.63S
5.661
5,31

1,90»

j

6.710

92,9 10

5.

—

The above statement shows: 1. That the total receipts from
the plantations since September 1, 1888, are 5.493.116 ijales: in.
1887-88 were 5,463,994 bales; in 1886-87 were
181, 501 bales.
2.
Tliat, although the receipts at the outport« the past week
were 5,188 bales, the actual movement from plantations was
only
bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 6,943 bales and for 1887 they were'
.'5.

—

bales.

Amount of Cotton in Sight June 14.—In the table below
we give tlie receipts from plantations in another form, and add
to them the net overland movement to June 1. and also the-

1888-89.

1887-88.

o

'

so as to give

188087.

1885-86.

Tot. receipts from plantat'ns 5,493,116 5,462.994 5,181,501 '5,322,254
1

E.

lOUjg

I0>i,a

Receipts From the Plantations.— The following table

Net overland to June 1
881,153
Southemconsumpt'uto J'neli 428,000
t3

11%
11%

Receipts at the ports to J'ne 14 5,482,399 5,403,745 5,183,468 5,232,830
Interior stocks on June 14 in
excess of September 1
'1,967
59,249
10,717|
89,424

.e2
grScgtsS
S'-

ICs

10^8
IOI3

11%
11%

1078
lOlljg
1011,8

lO's
lOi'ia

out in detail in the

is set

10'8
lO^s
lO'a

10%

compared with 1886.
At the Interior Towns tlie movement —that is the receipts
for tlie week, and since September 1, tlie shipments for the takings by Southern spinners to the same date,
week, and the stocks to-night, and the same items for the substantially the amount of cotton now in sight.
corresponding period of 1887-88
following statement.

Frl.

10%

10^4

indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern

600,200

1,742,591 1,741,486 1,993,970 2,064,887
5ii.d.
lO^sc.

11%

...

Louis
Cinciunati

10^

11U®% 11»4»% 1114®% 1114^% 11143% 1114®%

....

Memphis

1058

11

St.

2,231

532.000

6i,cd.
ll»sc.

.

Wilmington.
Norfolk
Boston
Baltimore...
Philadelphia

Wednes.

Tiies.

103i
103i
1058
10J3
lO's
lOij

91,2.18

280

221.000
23,000
150,600
319,000
34,000

186,000
17.000
125,000
179,000
25,000

CLOSING QCOTATIOSS FOR MIDDLING COTTON OK —
Satur.

"

Ac

It^ The imports

495,000
248,000
200,000
425,218

30, 000

1,

Quotations for Middling Cotton at Other Markets.—

In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week:

1,095,691 1,209,486 1,246,370 1,464,687

Egypt, Brazil, ic, afloat
Total East India,
Total American

626, 000
242, (X)0

521,000
182,000
95,000
332,806
78,658
22

The above totals show that the old interior stocks have
deereased during the week 4,874 bales, and are to-night .'54,897
bales less than at the same period last year.
The receipts at
the same towns have been 3,248 bales less than the same
week last year, and since Sept. 1 the receipts at all the towns
are 74,379 bales more than for the same time in 1887-88.

400
1,600
173,000
5,000
67,000
24,000
10,000

XLVin.

[Vol.

Total in sight June 14

936,716

771,792

398,000|

356,000!

807,051
290,000

6,802,269 6,797.710 6,309,293 6,419,30.5

,

.

.

Northern spinners' takings to
Juno 14
'1,674,634 1,688.492 1,535,106 1,690,599'
1

I

t3

<-•

mo

IC

*

tctocsxcc.

.

-wc.

CI

tC

5.t2<Ir-^Ci5'-'

C!-Ji3tn<j*ococooo<i

"tcocc wVio*jo

CJ Cj fcO O* to H* Ci tc o» «fc- c;»
oc 'c
oci'tc
'xVi
CO 0;

M

a
to *^ CO KJ «"-'
>C£
to <) to

*i)

-^

b

c

}->

co-^ect^-^oo

» <l cc •- cc to Ot

tt^

bb'b*— Vo*"^ cc

CO*kW<l'XXCOlO*'©:CX'CO*-tf-'v3MO.x
C0#^tf».^MC£O'vimC0CC0«i— lOOiiXI-'OO

Cii

^f
©-CitOO

_?>

cto-vjco»-

c;»C:f-MO'-

1-*

s
03

U

M^'

coo
rf-

*l

wa M

^I^^Z!\

a
www
(C 15 5;
*-<

zcc-.c:^: a» *. *q

rf^

01

,(-

MCIM

M

0-.Jffi«C

lii.KltOOSO'-'Cn

copcpGiwp

'tocc'viocc*''C

Cjixa
i-O'JOi

^ .i^ tTi -^ ^ f^ rr
tait*cDOCC;xuM«:f-^wj
t

IC C.

X

K*
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ODaoo)Oi«.i
CC

^

7:1ft-

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CO Ci*^

K2;Ammx?.o:»cu'

1ft.

X-^l

<0>vl-iS>

*-*-

«!ilC-Jit.lC»»

OitiCCiOOHCC-.CC C W*-y.C-.»-i-K
The Hgurcs for Louisville in botU yeaaa are "net."

f This year's figures estimate

1.

,

—

'-'

52

CC a;

tele-

—

-ODCCMC

*.

CO

by

—

Ci^ 10 M-^l
CO*4»OpO(CO

C;!'Crt
ki*^ItOtP*H-. <ItOOOl

CO <y CC

to us

graph from the South to-night are generally of a very favorable tenor. Almost all sections have had beneficial rains and
the outlook is now quite satisfactory especially in theSouth wets^
Galveston., Texas.
It has rained on one day of the week to
the extent of one inch and sixty hundredths. The thermometer has averaged 78, ranging from 73 to 83.
Palestine, Texas. — We have had splendid rains on four days
of the week, the rainfall reaching tAvo inches and sixty-six
hundredths. All crops are very fine. Tlie thermometer has
ranged from 65 to 90, averaging 78.
Huntsmlle, Texas. It has gained magnificently, just as
needed, on two days, the rainfall reaching two inches and
seventy -seven hundredths. The corn crop is secured, and cotton looks very promising. Average thermometer 83, highest
96 and lowest 68.
Dallas, Texas. On four days of the week hard rains have
fallen to the extent of three inches and forty-one hundreths.
The rain was very beneficial to com and cotton, but a hindrance to the small grain harvest. The thermometer has averaged 77, the highest being 92 and the lowest 62.
San Antonio, Texas. Fine rains have fallen on two days of
the week, the rainfall reaching one inch and two hundredths.
Crops of all sorts are good. The thermometer has averaged
78, ranging from 65 to 90.
Lnling, Texas. Crops are splendid. Com is safe and cotton
blooms abundant. We have had showers on four days of the
week, the rainfall reaching one inch and seventy-seven hundredths. The thermometer has ranged from 66 to 96, averag-

—

00

c to Ct
o
too
oi M -g *»;:; :0
!D

I-"

c

I

|

1.

Weather Reports by Telegraph.— Reports

CCC

(X

Decrease from September

—

ing 79.
Cvero, Texas. There has boon one splendid rain to the extent of one inch and live htmdredths, Corn is safe and cotton

—

-

June

—

...

J

,

IBE CHIIONICLR

15, 1889.]

rai)iillv ami is full of young fruit.
Average thcnnomciowcst 7H.
tor a-i. hiu'lu'st 93. Ir
nrenlaiin, Tf.citn. It has raininl hard, but none too much, on
The rainfall nwlied three iut'hi*s aii'l
five (lays of the week.
nine humlriMltlis. Corn is regartlttl as out of all ilau^iT, ami
never been more promising. Tlie thermometer Ikus
cotton
averaged 83, ranging from 08 to Ott.
have had liard rain on thre<> dnyx, fine
Belton. Texas.
for com and cotton, but interrupting wlieat and oats liarveol.
The nreeipitation reachetl tliree inches and sixtv-six luindredtns, Tlie thermometer has rangeil froJi 03 to 92, averag-

806

trows

—

<

.Ahorr low-wairr mark

kri.'fkiia.

.

/M— I4.1W.

/M*.

Ah<iT« Inir-watxr Diark

r^. /m*.

Ahnvr luw-WNtor nmrk
Ahovr low-watcT Dwrk
.Ahors lnw-w>t»r Bark

»w«.
7
31

.

.

hw

— We

/iHMia. -mi.

i

\,-w

4

u

s
I

it

7

4

2

9

M

aft

A

9i

•

)M

Pom.—

man

iTToN MuvRMK!rr
au.
Tha rvoalpta
and iiliiiMiienti of cotton at nomhay Imit* been
foUnirt for
the week and year, bringing the llgurM down to June IS.
DoMOAT KKccim A»b tiiirMKxn rok rot-a rmAia.

m

'Shipment! IhU •»«•*.! Sklltmtnl! tlnttJmH. I.
JUftinti.
ing 77.
Weathcrford, Texan. The small grain harvest has been sus- Iear\ Orea' OonliOrtal
OonHTotal. ttillnin
nenl.
pended on account of hard rain on tliree days, but the rain
was splendid for corn and cotton. Prospects are gfMid, l)ul
dry weather is wanted for a few days. Week's rainfall four
t,(l» .MM
;i (ti.iMni
.j.ixm
inches and fifsv himdredths. Average thermometer 77, highr.77.o<Ki
Mi7,(Mx»;iv.o<>o
est 93, lowest 03.
Aew Orleans, Louisiana. It has rained on one day of the
ahii'*juuU/or Uu ttttk.
Shipmtult ttnt* JaitHOTD 1.
week. The thermometer has averaged 79.
Srtat
OohHOrmt
Shreveport, Louisiana. Rainfall for the week three inches
2Wa'.
Ibta4
Britain.
BrUaht. OmttbunL
and ninety-four hundredths.The thermometer has averaged 74,
Calcutta
ranging from 04 to 91.
1889...,
20,000
8».000
A4.09!>
Rain has fallen on five days of the
Oreeni-ille, Mis.^issippi.
1888....
24,000
03,000
week and it is still raining. The precipitation reached three Uadraa—
B.0OO
1889...
2.000
7.009
inches and fifty-six hundredths. The thermometer has aver1888...,
7,000
2,000
9.00O
aged 75. the highest being 88 and the lowest 67.
All otben—
Clarksdalc, Missi.-isipjn.— There is now danger of having too
27.000
10.000
1889....
43.000
1S.00O
14.000
29.000
1888....
much moisture. Tlie week's rainfall has been three inches and
forty-seven liundredtlis.
Total ollVick.^burg, Mississippi. We have had rain on five days of the
MjOOO 114.000
1889
58.000
lg7.0<O
week, the rainfall reaching five inches and thirty hundredths.
1888
48.000
79.000
The tliermometer has ranged from 60 t<5 91, averaging 71.
ExroBTS TO EVBora rsoH au, ihoia.
Columbus, Mississipiji. There has lieen rain on five days of
1888.
1889.
1887.
the week, the rainfall reaciiing three inches «nd seventy-three
Skipmenlt
himdredths.
ThU
Sine*
TkU
Thit
Binte
atnea
to all Europe
Lelawl. Mississipvi.— 'Rain has fallen on four days of the
teak.
Jan. 1.
wttk.
teetk.
Jan. 1.
Jan. I.
from—
hundredtlis.
thirty
five
inches
and
week, to the extent of
Bombiv
31,000 l,rj9,000 22,000 728.0001 33,000 9.14,000
Average thermometer 74-3, highest 90 and lowest 63.
4,000 231,000
114,000
127,000
All other ports.
Little Kock, .4rA:ansas.— Telegram not received.
31.000 1,243,000 22,000, 858.000 37,000 1.167.000
Total.
Helena, Arkansas. Tliere have been six heavy showers, the
Minfall reaching five inches and twenty-nine hundredths too
ALEXANDRIA BECEIfTS AKU SBIrMEATS.
much rain. The thermometer has averaged 67-6, the highest
/iltxandria. KgypI,
being 90 and the lowest 60.
1886-87.
1887-38.
1883-39.
June 12.
Memphis, Tennessee. We have had rain on five days of the
week, the rainfall reaching five inches and fifty-one hun- Receipt:! (cantars*)
1.000
1,000
1,000
Thlgweek. ..,
dredths. The weather has been too cool and too much i-ain.
2.977,000
2,721,000
2.910.000
Since Sept. 1
3-34 inches fell in seventy-five minutes on Tliursday morningSince
Since
Thit
rate
heaviest rainfall on record. Dry, warm weather is desired.
week. Sept. 1. week. Sept. 1. *«*. Sept I.
The thermometer has averaged 71, ranging from 57 to 91.
Nashville, Tennessee.— Theie has been rain on five days to Exporti (bale*)—
222.000 2.000 242,000
To Liverpool..
the extent of three inches and twelve hundredths. The ther•>
3,000 154,000 2,000 l.'.H.OOO
To Continent
•
mometer has ranged from 56 to 85, averaging 70.
Mobile, Alabama.— \Ve have had rain on one day of the
3.000 376.000 4,000 400,000'! 3.1KX) 397.000
Total Europe
week, the rainfall reacliing sixteen hundredths of an inch.
• AcantaFl9 98 poniids,
Reports are very favorable; good rains have fallen throughout
Ma>'chester Market. Hobday.
thermomthe interior, and crops are growing finely. Average
AORICCLTCBAL DEPARTMENT'S REPORT OX ACREAOK.— The
eter 77. highest 85 and lowest 63.
Montgomery, Alabama.— It has been showery here on five Agricultural Department at Washington issued on the 10th
days, tlie rainfall reaching only sixteen hundredths of an inch, inst. its report on cotton condition and acreage. The followbut in most sections of the interior beneficial rains have fallen. ing is what it says on the subject of acreage:
TlieJuoeempreportot tbc Department of AKiieuUurrindlcatMaallCkt
Tlie crop outlook is decidedly improved. Blooms are ])lentiin tlie »rea of cotton an the Atlautli- c(i:ut and an Inoraaaa
ful.
The thermometer has averaged 77, the highest bemg 93 rcmiction
west of the State of Alabama. Ncarlv fourltftha of the prop, aed
and the lowest .58.
breadth had been planted by the lat of May. but K«rmlaatlan wa» »low
Selma. Alabama.— We have had rain on four days of the on iiccount "f culd .ind Ksneially dry weather. R-pUiitlnK of dafectlTS
i;.'iifrnl. nnil snme fields were plowed up and pixnt d In corn.
week, the rainfall reacliing two inches and sixty hundredths. st.iiiilB folli;wiii«
!iver«i.'i» are preliminary, subject to tevls on from •
The
The thermometer has averaged 77, ranging from 68 to 88.
tli()rouKhip.clal lu\>siijjatlonnowlnpro.r«-«:
,
,^ ,,
9!). Bouth Carolina t»;», (ieorKia 99, Florida ICO, AfatAuburn, Alabama.—The conditions are favorable for all
Carolina
North
Louisiana 103. Texai IOJ'5, Arkauas 104,
nine
102.
inch
and
Missi-sliipl
one
b.ima
99,
has
been
precipitation
week's
The
croijs.
general average, 101.
hundredths. The thermometer has ranged from 63 to 90, Tennes.i6e 100;
The following is the report of the Department on condition:
averaging 76 'o.
The nljthts have been too cold and the »ced l>ed too dry for xcnuteaMadison, ilorida.—lt has been showery on two days of tlie
or viKorouHitrowth. Frosts are reported In Uay. some as taU
"•"'•
week, the rainfall reaching sixty-five himdredths of an inch. tlon
Coiidltli'U
Is therafore rrlattTtly
tlie 30th. throiik-hout the cotton belt.
r.-xa... iiv. r.i.:iit.: ^l"4.
^•" '' '""''"' li'"'"
Average thermometer 79, highest 93, lowest 66.
low. I
h Can>of
The
Columbus, Georgia.— We nave had rain on three days
the week, the rainfall reaching one inch and forty-six hun- llnii7-. •
!)0, Ti
^7
dredths. The thermometer has averaged 84, the highest bemg
ly complei,
Kft[.
:iasnor Rei-.
laud
90 and the lowest 73.
, ,
"»
w.... . -,
- of May
...^
week,
i...Hall.:...,,
of
the
Savannah, Oeorgia.—lt has rained on two days
materially. In some distriola there are repoiWuI Urn prwcuca ul Ug«
the rainfall reiiching seventy-one hundredths of an incli. The ami liOurles by cut worni».
87.
to
thermometer has averaged 77, ranging from 61
Tlie above statement of condition, compared with the repocta
Augusta, Oeorfjia.—the weather has been warm and clear, for previous years, is as follows:
is
improvement
Considerable
with light rain on two days.
AORicui.rnBAL i>KrABTjiExf» jcsE coxi)rno:f ntrottn.
noticed in the crop since last report, the result of tlio recent
promising.
more
development
rains. Stands are better, and
Jnne
1889. 1889., 1887. 1836.1335. 1884. I8S3 1888. 1881. 1880.
Fields arc clean, and the general outlook more encouraging. ConilUton.
»0,
averagmg
to
.56
93,
from
ranged
The thermometer has
88 "m" 93
<il
9S
97
93
86
84
No. Car...
and the rainfall reached four hundredths of an inch.
92
83 104
96
97
85
63
98
88
of So. Car... 78
day
one
on
faUen
has
Rain
Caro/i/if/.—
South
98
Charleston,
91
89
96
95
88
83
99
92
60
Georgia...
anmch.
of
hundredths
two
reaching
rainfaU
90
the week, the
97 100
99
93
•4
97
93
94
88
Florida.
86.
to
from
64
rangmg
79,
averaged
has
thermometer
108
9«
The
95
93
87
98
87
9i
92
83
Alal>aiua.
finely.
Stateburg, Soutli Carolina.— Crops are ^irogressmg
94
96
88
87
86
92
99
88
90
85
Mlx'sippl.
90
Rain has fallen on two days of the week to the extent of sixty- Lonldana. 90
97
90
73
SI
85
95
97
88
nmged
six hundredth of an inch. The thermometer has
89
100
93
77
89
90
96
91
SO
»5
Trxaa
from 59-7 to 86, averaging 748.
lOO
90
,_ ,
85
89
91
87
83
98
94
92
Wihon, Xorth Carolina.—There has been rain on two days Arkauas. 79
99
93
60
9i
78
85
99
07
92
of an Tennemo
of the week, the rainfaU reaching fifty-three hundredths
66.
«7
rt6
39
92
8S-2 96 » 88-:
A«.rage.l 86-4
inch. Average thermometer 80, highest 90, lowest
The folLwing statement we have also received by telograpii,J
above^for «U tue Staiea ia ttie hTerage
given
average
The
at
iiajuo«l
showing the height of the rivers at the pomts
given ty the Department!
1888.

—

I

)

(

.

!

—

—

—

—

—

I

—

]

—

—

1

1

I

'

11

,

'

—

'

>

•

,

I'

.

(

.

I

.

.

M

o'clock

June

13, 1889,

and June

14,

.

'THE CHRONICLE.

80(5

EcBOPKAN Cotton Consumption to Jone

1.

— We

have

received to day, by cable, Mr. Ellisoa's cotton figures brought
The revised totals fir l«st ytar have also
dovrn to June 1.
been received and we give them for comparison. The spinners takings 'in actu' I bales and pounds have been as follows:
October 1

OonHnent.

Great Britain.

Juiie 1.

to

For 1888-89.
.

XhUngs by

si

Arerage weight

. .

—

.bi

of bales

2,C17,C00

ldi<

fcklnirp In nminrtH

5,310,000

2,693.0(

432
•133
4:r2 5
1,130,747,000 1,166.224.000 2,296,971,000

According to the above, the average weight of the delive iee
in Great Britain is 456 pounds per bale this season, against
432 pounds during the same time last season. The Continental
deliveries average 443 pounds, against 433 pounds last year,
and for the whole of Europe the deliveries average 449 pounde
per bale, agrinst 432 5 pounds last season. Our dispatch also
gives the full movement for this year and last year in bales of
iOO pounds each.
Oct. 1 to

June

Mnlet of 400

1888-39.

1.

each.

lbs.

OOOi omitted.

^nners' stock Oct.

Oreal
Britain
102,

Conti-

1887-88.
Total.

nent.

2,758,

3,213

193,
5,970.

apply

2,860

3,405.

6.265,

JJonBUmptl'u 35 weelt

2,624,

2,669

3,293,

Takings

tc

June

1

1

Splnnei b' stock June

Do

sail

236,

1

193,

Oreal

OoiUi-

Brilai,

nent.

61

218

2,826,

2,915.

5,741,

2,877.
2.586,

3,0-^2

5,9.j9,

9T2

736,

Total

167

2.529. 5,115

291

553

73,0
73.0
73,0
74,0
74,0
74,0
75,0
75.0

72,0
7-,T
72,0
72,0
72,0
72,0
73,0
73,0

Wedntt.

Tkur:

Fri.

"32

'it

•"32

>4S5„

•435,8

e.

133J,

"33

%

^16

61 ft"

10*

40-

'33

•'aa

»16

5l8

^4

H

>4

»32

H

H

632

»«4»'32

"S2

e.

via Leithd.
Sambarg, st«am.e.
Do via London. d.

Amst'd'm, steam. c.

IS,•32

1332

844

40'

40*

40*

''32

'32

Do via Loudon .d.
Keval,

For I8S7-88.
oners

Tuet.

Do

2,901,000
5,32>,000
2,419,000
Takings by spinners. .balee
456
413
449
Arerage weight of bales....
1,103,064,01.0 1.285,143,000 2,338,207.000
TUlngs in pounds

i

Mon.

Satur.

Uferpool, steamd.| Ssi^'M
DoviaGl'sg'w.d.
davre, steam
e.
^tHi »4®Sj«

Bremen, steam

Total.

XL VIII.

ITOL.

Do

steam

d.

sail

d,

Saroelona,steam d.
aenoa, Bteam . d.
rrieste. steam... d.
Antwerp, steam d.
• Per 100 lbs.
.

.

He

"18
I4

14

''»4^^32

*14®'S2

Liverpool.— By cable from Liverpool we have the following statement of the week's sales, stocks, &c. at that port.
May2i.
Sale* of the

week

46,000
1,000
5.000
37,000
17,000
59.000
877,000

bales

Of which exporters took
Of which speculator* took...
Sales American
Actual export
Forwarded
Cotal stock- Estimated
Of which American— Estlm'd
Total Import of the week
Of which American

mount

6c.5,000

54,000
39,000
142,000
54.000

atloat

Of whloh American

May

Zl.

46,000
3,000
1,000
39,000
8.000
.".0,000

856,000
635,000
37,000
23,000
163,000
59.000

Jmiel.

Jtine li

60,000
2,000
2,000
50,000
10,000
53,000
850,000
614,000
« 1,000
30,000
118,000
40.000

24,000
1.000
1,000
21,000
8.000
38,000
860,000
599,000
.=16,000

22,000
109,000
27.000

The tone of the Liverpool market for spots and futures each
day of the week ending June 14, and the daily closing prices
of spot cotton, have been as follows:

Weekly Ootisumption,
00s omitted.
'75,0

December.
In January
In February
Ill

In March......
In April
In
*

......

75,0
75,0
77,0
77,0
76,0
7

Mar

7,0

77.0

Aveiage as

Saturday Monday. Tuesday.

Spnf.

In October
In November

150,0
150,0
150.0
154.0
154,0
154,0
154,0
151,0

75,0
75,0
75,0
77,0
77.0
77,0
77,0
•;7,o

iilveu b.v -Mr. Ellison;

deduction

:

Wednet. Thurtd'y.

Friday.

14,=i,0

145,
145,0
146,0

Mar;et. (
12:30p.m,J

Qclet but .Moderate
Kteady.

demand.

6li«

6I16

6I16

8,000

8,000

7,000

500

500

500

Mld,Upl'ds.

146,'
ll(i

Sa'es
Spec,

eS

& exp.

118,0

Future

made from month's total

Mai ket,
et.
2:301",

.on BcC'juut of stoppage of spindles.
Our cable t-tatts that Mr. Ellison has revised previous figures of coLBumption, adding ot e thousand bales weekly since
Jai.uary 1 to Great Britain and the same amount weekly since
Octobtr Ion the Con'inent. He has also revised surplus
stocks in Great Britain at the bi ginning of ihe season on ac
count of eriors in Liverpool stock, adding 50,000 bales th s
year and deducting 74,000 bales from last year. [As the surplus stock October 1, 1S87, according to Mr. Ell son's circulars,
was only 51,000 bales, we do not see how we can deduct
74,000 bales, so have left the figures for 18o7-88 as before.]

I

)

r, M,

Qatet at

Qnlet St

Tance.

l.«4 decline.

1-64 d»cline.

Qnlet,

ataadj.

i^teadT a'
1.84 ad.

I

Market,

4

O
a

•a

148. f>

(

BarelT
steady.

The opening, highest, lowest and clo.siog prices of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated.
5

price* art given in pence ami QUht tlitu;
and 6 01 meanii 6 l-64d.
{Saturday. Monday aid Tuesday -Holidayf^,)

t:?" T^e
6:
64d.,

WedDe«..J one

Thurs., June 13.

I'i.

5 63 nt<a> <

FrI..

June 14.

The foregoing shows that the weekly consumption in Europe

b

1

154,000 bales of 400 pounds each, against 148,000 balee at
the same time a year ago.

Open atthlLov).

—

Jute Butts, Bagging, &c. The market for bagging has June
bein rather quiet and only a light demand is reported. Prices iHne-July.
are about as last, and sellers are quoting 8}g(a lOJ^o. according Inly-Aua,..
Only a few small sales are reported in the jute August
to quality.
butts market, and paper grades are quoted at l%@l'80c., Aog.-Sept.
.,
,,

S 34

September

while bagging qualities are held at '2}:^^2%c.

1ept.-( ct

—

Shippikg Nf,w.s. The exports of cotton from the United
States the past week, as per latest mail returns, have rea' hed
20,814 bales. So far as tiie Southern ports are cot cerned these
are the sarue exports reporud by telegraph and published in
the CHRCNlcbK la t Friday. With regard to New Yotk we
include the manifests of all vessels cleared up to Thursday.

OCL.-XuV.
Nov.-I>ec

,.

d.

P 08

6 OS

9 OS

> 03

6 03
6 03

601
601

5 03
;

i

1

1

'

I

j

1

'

i.

(t

« 03
« 114
6 04
6 oa
6 02
5 48
5 37

Opel' Bigli

Oloa.

<t

4.

(4
4
03
fl 03
5 J7
5 37
& 33
8

1

1

1

'

« C4 604
6 04 6 04
1)2

8 03

8 02

5 3?

8 03
5 47
5 37

5 34

S35

8

48

1

:

:

6
6
6
8

Oi
03
01

1

d.

Low. CUu. OjM) Blgh Low. 0I».
i.

602 801
812 6 01
1

,

8 03
6 04
8 01

01

6 01

5 43
5 38

518

6 S3

6 34

5 37

d.

i.

d.

d.

6 0i

6 01
6 01
8 02
6 02

8 01
8 01

600
80O

8 02

803

8 02
6 03
8 01
8 01

6 04
6 01
6 01

5 3B
5 33

5 37 ,5 35
5 34 ,533

6 00

600

8 02
6 02
6 00
6 00

!

6 CO

6 01

8 01

8 01

6 08
5 68

5 83

5 83
5 44

583

536 535

5 44
5 35

5 38

533

5 45

1

d.

600

5 32

1

.

Sew

BREADSTUFF S.

Total baiet.

FRiDA.r, p. M.,

York—To Llverjiool, per steamers Brilaunic, 518
City of Paris. 1,027. ...Egypt, 6o8
Citv ot Chester, 496

June

II, 18fc».

The markets for flour and meal were quite dull, and prices
... Nevida,288...,Umbria, 143
3,080
and irregularity. Low as values
To Hull, per Btea:uci Santiago, 687
587 showed some det^.ression
were the West showed little confiJence in them, while our
Wn land, 268
To Hamlairg, per steamers Amaltl, 2
i!70
Waislund, 212
Ti' Antwerp, per steauurs BclKeul.ud, 18
230 Ioc;il dealers stood ready to take advantage of any pressure
To LItbon, per sieamir Chateau Latltte. 1,178
1,178 to sell to insist upon conces ions of 5(§ 10c. per bl 1. for wheat
New OiiLEASs—To Liverpool, per steamei Dariin, 1,190
I.IHO
Ti Ererai'ii. per steamer Euri pi an, 3,315
3,345 Hour. Slightly lower ranges were aUo establish d for rye
Charleston— To Bur. ilena, lerb.rk Pablo S.nat, 1.800
1,800 flour and corn meal. Yesterday, however, the activity and
BOSTOK— To Liverpool, pel sttamcrn Ml' hgan, 2,^72. Pavouia,
strength of the wheat mafket gave a better turn to the flour
e05....Viigii ian, 794
4,271
some further improvement and a
Baltimore— To L verpool, per steamer Pcr..\ ian, 1,565
1,565 trade. To-day there was
.

.

.

To Bremen, per steamers RUein, 1,153... Weser, 1,215
PHn-iDELTHiA— To Liveipool, per steamtr Lord Goiigh, 9a0
Total

l',3C8

930
2(',814

The

particu'ars of these shipments, arranged in our usual
form, are as follows
:

Bam-

Bre-

pool.

Hit'\

burg.

men.

York..
N. Orleans.
Charleston

3,090
1,190

587

270

Boston

4,'i71

Baitiiuoro.

1,565

Liver-

New

PhU'delph'a

Bard:-

Attl-

werp. L\bbyn. lona.
230 1,173

3,315

...

5,315
4,o3,'i

'.'.'.'.'.'.

'.'.'.'.'.'.

i',800

2,368

930

11,036
587
270 5,718
230 1,178 1,800
Cotton freights the past week have been as foUos^s:
Total

Total.

1 ,800
4,271

3.93L;

930
20,811

giod business done.
The wheat market was ('epre-sed early in the week; speculition w as sluj'gisH, as this market was still cut off from the
regular Chica-O figu es, and the closing of foreign markets

Wh

tsuntide 1 oliday deprived cable advices of much
for 'he
But yesterday there was a
of their cujtmary signifi ance.
very active speculation. There was bad weather in many
SLCtious where the liarvesv had begun or was about ready to
be,.,in, « hile a drought in the Northwest had become serious.
There was als> a luote active export demand, ascribed to excessive rair s in ICng'and. The sales for export on Wednesday
weie 40,000 bushels at ^37^0. for No, 3 r.d winter delivered,
and yesterday 40,000 bushels more at irSpgc. delivered; also
50,000 bushels No, 3 Milwaukee to arrive at 83f-., c. f. i. Today there w as a further adva ce (AI c iitinued b.v.l h:erveBting

.

.

.

Junk

.

raE CHItONlCLE.

I8t9.j

15,

weather, but the higher prices checked
sales

pur< lituea «nd auot
were mninly to city millern.
OAILT OLOUHO rUOBS Or BO. 1 miD WnrTBB WKBAT.

Hon.

Sat.

Juno<loUv6ry
July (Idllvnry

82 >9

am

82

83
S3i)(

82»g

8S%

rAitr*.

rn.

»IH

Ha
83 >«
83>a
84

Hl>4

81^

8I«H

eong

9m

WttU

iut.

81\

0.
0.
AiiKiiHt ili'llvery
o.
8ep(oiiilHT (lellvtiry
o.
Doccnilier dtll very
o.
Miiy, 1890. ilellvery....o.

81H
82 >4

80M

W\

82 Vi

81 >

82^

88>H
M^

88 '«

82-'«

87

90 >8
90
904
our
Inchan corn futures liave latterly been somewhat depress,
d
the regular trade, whether for enport or home conaumpiion'
having been much less active but yetter.lay the low (lirurrK
to which prices had fallen brought forward buyers on a more
liberal scale.
The export business was mainly in No
3 mixed by canal at 4a^a42^c. afloat, but a liberal
business was done in the same for June and early July arrival at 411^042,^^0., c. f. i. To-day the market was steadier for
early deliveries, and the speculation quite brisk.
DAILT OLOSINO PRIOBS 0» HO. 2 MIXBD OORM.
;

Sat.

June delivery

Hon.

TutM.

i\i^

41%

41%
41%

c.
0.
0.
0.

July.lclivory
August delivery
Septoiubor delivery
Oetober delivery

42>4

42%

o

41%
42%
42%

42<>g

Wed.
410.
41«8
42>s
42>*

43>4

....

4Sifl

iisg
42

TKurt,
413b
4I3b

42

m.
411,
41

at 35c. in elevator, 34c.

To-day there were

July.

June receded

42>a

42%

43

48>«

to 33i^c.
8al,

June delivery

o.
o.
c.

July delivery
August delivery

Rye

MIUO

OATB.
Wtd. nur$.
28%
28

TutM.

28

28*8
2S>8

Pf.
27^.

2Si8
28
28%
28%
28
28
28%
28%
28%
2S%
28V
for export to the Continent and West-

some demand

in

OT HO. 2

Ston.

i.'8

ern more firmly held.
The following are the closing quotatioDs

:

FLOUK.

$2 10 9$2 60 Southern com.extnu. 93 25* 3 75
eupertlne
2 40a 3 00 Soutbem bakers' and
Spring wheat extras. 2 759 3 45
family brands
4 00« 4 7a
Minn, clear and strii't. 3 7") a 4 85 Rye Hour, superflne.. 2 B.*** 2 "O
Winter shipp'g extras. 3 00 9 3 65
Pine
2 23» 2 50
WinterXXiuidXXX. 3 75*5 00 Com meal-

V

Fine

bbl.

4

7.'5® 5 75
2 753 3 15

Pattnta
BoutUern supers

Western,

2
2

<fco

Brandywlne

60» 2 70

80>— —

at

Wheat—

Com—
0.
Western white
41 9
» 95 Rye—
83148' 84%
Westera
|l bu.
48 9
75 » 90
State and Jersey .. AG 9
80 « 90
OatA-Mlxed
27 9
40 « 43
White
33%»
41'4a 42%
No. 2 mixed
28 9
41 a 43
Mo. 2 white
34%9

0.

Spring, per btuh...
Spring No. 2

Ked winterNo. 2
Red winter

..

White
Corn-West'n mixed.
Wiwt'n mixed N0.2.
Western yellow

c.

9102

78
83

0.

Oom.

Wheat.

Oot».

BMf.loeUu BuslLfloau 0luk.56Uw
ChlosKo
Milwaukee..
Duluth

Detroit..

123,356

2,389,406

1.242.267

27,084

96.152

77,715

14,950

13.718
iSl.430

8,960
40,711

54,000

SO.OflO

a.215

34,789
51.603

CieTeland.
St. Lonia
Peoria

133s

.

.

..

«k.'88.
wk.'87.

Since Aug.
1888-0
1887-8

46,903

8.«91

14.227

83,183

4,947

7.101

6,607

22.488

28.740

8,049

66,308
12,000

859,690
114,600

257,410
202,000

4.800

187.857

816,528

3,296,355

1.811.574

09.770

1,561,431

2,776,321

2.237,152

72.151

2,841,036

1,283,774

1, 153,844

56,809

84.888,119 107,915.053

73.120.148

24,817,092

79.693,523

69.678 822

82.463.001

-.8,381.618

60.154.879

21,208.878

1.

10,868.769 100.493,238
9.e70.S18 82.314,205

188ft.7

PkoHh.
hidlaoapolU

117.61(1

40.903
t.003
34.903
148.703

73,<»5'J
,

Ht.

OnMiniMlppl...

OnlakM

A river,

Tot. June 8. -80.
Tot. June 1, '80.
Til. Jiins 9. -88.
Tot. Juuell,'87.

467.345
5,OSH,7B5

New York

Corn.

Bufh.
549,685

Suth.
740,800
177,990

BbU.

171,664
62,923
152,231
538,830
94,285

25.417
13.179
24,422

Boston...
Portland.

71,781
18,111

OaU.
Buth.
3,316

By.
Busk.
22,503

.....

.

44,925

MontrtrSl.

flour.

Phlladel
Bnltim're
N. Orl'ns.

N.News..
Riebm'd

.

....

920

.

Tot. week.

639,610 1,938,783

153,830

3,316

419,314

188,027

1,972

22,503

S'me time
1888...

332,178

Bu.ee

ih

2S.1(«

tlore

at—
.

Wheat,
Imth.

3,356.927
16,000

Chicago

HUwaokee
Dnlotll

Tiaedo

51.500
St),500

Albany
Bnffialo

Oom,
bUMh.
.^56.700

.

2,060,555
3.065.446
484,133
1.392,884
593,061

547.349
3,800,361
7,207

637,862
126,071

t0,0«8

•1AI3

17.000
35.300

.,,

li,400

18.803.181 12X>30,3S7 OjasJTo ij)e7,3W
20.20.'t.81U ll.e07,»SI 03S8.09S i^UtSSo
S5.752.813 II.IOoIoWbSsoJM 3ISM6
41.iri.l7fl 13.Sl«.07«8.8833o8

SsSmO I0M15

804,000

345.3S7

THE DRY GOODS TRADE.
Waw TOBX. Prtday P. M., June 14. I8m.
Business in the wholesale braachea of the dry goods trade
was comparatively light the peat week, but a full In the demand at this stage of the season is regarded as a matter of
course, and therefore causes no uneasineai. At first handa
the demand for seasonable goods was seemingly governed br
preasing necessities, the close approtchof the "stock taking"
period having rendered jobbers very cautious in their operations.
There was more inquiry for such fabrics as dark priota
and g^inghams, anil a fair business was done in this connection, though many of the mill agents are not yet prepared (o
show full lines of samples. The jobbing trade was nuiet a*
regards personal selection*, but the re-order demand (by mail
and wire) was fully as good as is usually witnoaaed at this
stage of this season. The tone of the general market oontinues Arm, and such price changes as occured duriog the
week were mostly in an upward direction.
DoMKSTic Cotton Goods.—The exports of cotton goods
from this port for the week ending June 1 1 were 1,665 packages, valued at $123,479, their destination being to the points
specified in the table below.
1889.

to Junb

1888.

11.

105
55
204

Greiit Britain....

Other Eiu«pean..
China

4,553
1,038
35,174
3,501
2,250
1.604
7.634
1,622
2.519
16.980
1.519

5

India

Arabia
Africa.

West Indies
Mexico

357
41
317
678
S

.,

Centrui America..
Sonili Anierioa...
Other countries. .,

'

Total
China, vU» VanoouTer..
Total

From New Endand

..

Week, SlneeJan.

63
13

8,077
1.403

874

30.00.^

15

3.0^4
ejt03
3.10T
7.077
3.743
1.060
13.017
1.134

300
13
361
131
10
3!».%

41

1,6«S

h7.315
36,714

3,018

74.240
18,930

1.666

»4.(.39

3.019

08.070

I.

mill polnta direct.

The values of N. Y. exports since January 1 have been
XQ $3,939,597 in 1S89, against $4,499,134 in 1888.
The situation in thn market for staple cotton goods remains
25
unchanged. The demand at first hands was strictly moderate
and ihe jobbing tra>)e was sluggish, but prices ruled firm on
4,400
nearly all sorts of plain and colored cottons, and roine popular
as.oii
makes it bleached goods ss fruit of the loom. Masonville. etc..
40,134
were advanced ^c. by the selling agents. Stocks of nearly all
84,012
staple cotton goods are so well in hand that present valuea are
likely to be maintained for some time to oome.
Print cloths
4.885.802
were in fair demand and very firm at 3^a for 64x64s and
1,966,' 57
I.SOSOWU 3^c. for 66x60s.

Peat.

Bu»h.
2,966

InSk.
.38,332

Bartey,
huek.

5,272

7.500
44,.-iOO

28,583
624.125
92,408

Sloek 0/ Print Otolht—
Belli by Providence uianaTrera.
Fall Klver mauuraoturen

Piorldenoe ipeoulatora
Ootalde speoulatora (eat)
Total itoek (pleoea)

June

8.

1888
June 9.

1887.

June

1 1

1880.

June

13.

85.000
35.000
None.
Nod*.

3.0U0
8.000
None.
7,500

120,000
343.000
53.000
55,000

151.000
20,000

110.000

18.500

47P.000

SIS.OOO

65.000
fl1,000

DoMBSTic W001.KN Goods.—The demand for men't-wear
woolens at first hands was spasmodic and irregular, but some
58,987 very fair duplicate orders for heavy wooleni and wontrd
suitings were received by the commission hooaea. Tbe moremf nt in heavy clothing woolens on account of former trana.•••
actions was of fair proportions, but lets active than of
....
late, some of the mill agenis having about completed their
deliveries in execution of back order*. Cloakings were dis61,953
tributed in fair quantities, but the demand for stocllineta and
1,359

0<M,
bulk.

367,423
75,200
37.700
219.793
2,914.018
9,282
1,010
16,065

si.fle4

iaa,4U

33A.74A
87,040
433.446 3,043,154 1,438.050
396,000 1,137.100 109.700

5,040

grain, comprising the stocks in granary
at the priccipal points of accumulation at lake and seaboard
ports, and in transit by water, June 8, 1889:

In

040

"iAii

Week, Since Jan. 1

The visible supply of

NewYork
Do aHoat.

**'^

'^^

380.000

1889.

Wheat.

Mi
^

94.043
194.743
1H.637
»7.«i»

Toe Juil«ia,'86. 33,424.186 0,886,885 3Jk0«381

New York

Tbe exports from the several seaboard ports for the week
sodinK June 8, 1889, are shown in the annexed statement.
Bxports

igas

—

nMt

40JMK

44..550

Kaiiuw City
Hiiltlmnn
Mlnniwpoll*.
Paul.

soo

115.737
3«8.4a7
1 17.8aH
103.SO5

i4»',iM

•

219,422
224.594
8.388.159

,

Phllaitalphla....

itv

...

16,7<8
2,100

Tot.wk.'SB.

Same
Same

BiMk.48U>

71,'! 08

Minneapolis.

Toledo

Bua'i.S2ll>j

Bartey.

1M,M0
88<«M

3,3s:i

,

Mootma

oanal

l.<e«.79l

'43.000

Boaton.
foroBIO

50
52
30

We

J'lour.

ClnolnsMl

ttJL
33,04a

B.O0O

43

39
29
36
The movement of breadstufis to market is indicated in the
statement below, prepared by us from the figures of the New
first give the receipts at WestYork Produce Exchange.
ern lake and river ports, arranged so as to present the comparative movement for the week ending June 8, 1889.
BeetipU at—

Umla
Do aOoat

na.

60 JOS

<«

for June delivery an<l 33c. for
free sellers, and No. 2 white for

DiLILT 0LO8IHO PRIOBS

77.S(W
00.000
360.723

St.

42

Oats show some advance in white grades. No. 8 of which
solil

JS

M .^«-

IMtfolt.

Oawniio

On

8(>7

6.460
24,610
31,226

jersey cloths was so tinsattsfactory that considerable quantities were forced on the market through the auction rooma.
Flannels were active in morement, and there waa a fair
amount of new busineea in aoma deaorlDtiona. Blankets continued in steady request and firm, ana a good many additional orders for soft wool and worsted dreaa gooda (a'tapted
to the fall trade) were placed with the rnmmhnion bouses.

FoBBioN Dry Goods have ruled very quiet in first hands,
the demand baTing been almost wholly confined to small
parcels of specialties, and the jobting trade wasslunisb.
Prices of nearly all sttple fabrics are steadily tsaintsinedTand
a few descriptions have advanc«d; but builaiiS are lowtr.

:

THE CHRONICLE.

808

^ompKnUe,

Strtist

'^tnst ®0mvatiijcs.

Union Trust Company Manhattan Trust
OF NEW YORK.
78 Broadway,

APITAL,

VRPLW,

cor.
-

-

-

Rector 8t.,N.T,
- $1,000,000
3,241,000

Anthoriied to act as Sxeootor, Administrator
4aardtaii, Receiver, or Trustee,

and

Is

A LEQAl. DEPOSITORY FOR MONBT.
Accepts the transfer agency and registry of stocks,
VIA acts as Trustee of TuortAages of corporations.
AUows int-erest on deposits, which may be made
*t any time, and withdrawn on Ave days' notice,
Tith interest for the whole time they remain with
he company.
For the convenience of depositors this company
liso opens current accounts subject. In accordance
vith its rules, to check at sight, and allows Interest
apon the resulting daily balances. Such cheeks pass
brough the Clearing House.
',

Wm. Wliltewrlght,

TKUSTEBS:

James M. McLean,
Ambrose C. Kingsland,

UenryA. Kent,

.Tames H. Ogiivle.

R. T. Wilson,
F. Russell,

Wm.

James

Wood,
James N. Piatt,

C. D.

I.

T.

Woodward,

H. Frothlngham,

George A. Jarvis,!

D. C. Hays.

C. Vanderbilt,

Wm. Alex. Duer,

Sohell,

Aniasa

J. Parker,
F. Barger.
Geo. r. Magoun,'
Q.VanRennserr Kennedy.W. Emlen RooseTelt.

Samuel

EXECUTIVK COMMITTEE:
Wm. Whitewright,
G. G. Williams,

James McLean,
8eo. C. Magoun.
D, C.

Hays,

EDWARD

Francis Ormond French, New York.
R.J.Cross, N. Y.
H. W.Cannon, N.y.
H. L. Higginson, Boston. John R. Ford.N. Y.
August Belmont, Jr., N.Y. T. J. Coolldge, Jr., Bos.
E. D. Randolph, N. Y.
James O. Sheldon, N,Y.
C. C. Baldwin, N. Y.
A. 8. Rosenbaum, N. Y.
Chas. F. Tag, N. Y.
Sam'l R. Shipley, Phlla.
John L Waterbury, N. Y.
R. T. Wilson, N. Y.
Henry Field, Chicago.

Waterbury, V. Pres
Haskins, Secretary. A. T. French, Treasurer

F. O. French, President.

W.

C.

B. B. Wesley,
C. n. Wood,
A. C. Kingsland.
KING. President.

JAMES M. MCLEAN, First Vice-Pres't.
JAMES H. OGILVIE, Second Vlce-Pres'U

A O.RONALDSON, Secretary.
A. W. KELLEY. Assistant Secretary.

J.

I.

NEW YORK,

The Brooklyn Trust Co.,
MoNTAomc k Clinton

8ts.,

Br'kltn, N.Y.

CAPITAl. (all in U.S. Bonds) - 81.000.000
8URri.U8 exceeding
1,000,000
INTEREST ALLOWED ON DEPOSITS.
This

Company

ts

anttaoriBed by special charter to

act as Receiver, Trustee, Guardian, Executor 0t

Administrator.
It can act as agent in the sale or manaKCment of
real estate, collect interest or dividends, receive
repistry and transfer books, or make purchase and
sale of Government and other securities,
Reliffiousand charitable institutions, and persons
unaccustomed to the transaction of business, will
And this Company a safeand convenient depository
for

money,

RIPLEY ROPES, President.
EDMUND W. CORLIES, Vlce-PreB.
CURRAN, Seeretary.
FREDERICK C. COLTON. Asst. Sec.
TRUSTEES.

a legal depository for moneys
paid into court, and is authorised to act as guardian

E. F.

i

Knowlton

INTEREST ALLOWED ON DEPOSITS,

which may be made at any time and withdrawn
after Ave days' notice, and will be entitled to inter•st for the whole time they may remain with the
company.

E.

W.

H*v K. Sheldon.
C.

D.

W. Maxwell.

|H.

Corlies,

Wood

J. J.

Pierrepont.

J

Executors, administrators, or trustees of estates,
women unaccustomed to the transaction ox
business, as well as religions and benevolent Instltntlnnn. will And this company a convenient depository for money.
JOHN A. STEWART, President,
OBOKOE BLISS, Vice-President.

The Finance Company
Pennsylvania.

of

and

JAUES S. CLARK, Second Vloe-Pres't.
TRVSTBES
:

WllaouG. Hunt, :n. E. Lawrence, Kdward Cooper,
Clinton Gilbert. Erastus Corning. W.B'y'rdCutting
Daniel I). Lord, iJohnll.Rhoades. Chas. S. Smith,
Samuel Sloan,
.Anson P. Stokes. Wm.Rockefeller,
James IjOw,
|Robt.B.Mlnturn, Alex. E. Orr,
Wm.W.Phelps, iGeo. H. Warren, Wm.U.Macy.Jr.,
D. Willis James. iGeorge Bliss,
Wm. D. Sloane.
tohn J. Astor, IWm. Libbey,
John A. Stewart,' John C. Brown,
L. THORNKLL, SeoreUry.
LOUIS Q. HAMPTON, Assistant Secretary.
:

I

HENRY

Holland Trust Company,
No. 7 Wall Street, New York.
Kurplng. 8S60,'J13.
Capiinl, 9300.000.
ColtKESrONDENTS:
Twentscbe Bjink. Amsterdam. Holland.

CHABTER PKRPKTCAJ..

CAPIT.^l,

$5,000,000

Conducts a general Banking Business. Accepts
the transfer agency and registry of stocks. Acts as
Fiscal Agent for payment of interest, coupons, Ac,
and as Trustee of Mortgages of Corporations.
Allows interest on daily balances of accounts of
Banks, Bankers and others. Buys and sells foreign
exchange, drawing on BARING BROTHERS & CO.,
London; HEINii & CIB, Paris; HOPE & CO.,

Amsterdam,

etc.

&

London, England.
Allows interest <in deposits; and interest on balances of active accounts of merchants and others.
Transacts a general banking business.
Lends money on promissory note, with New York
or Brooklyn appraised real estate first mortgage,
BIydenstein

WHARTON BARKER, President.
CEARLBMAONK TOWBR, JR., Tloe-Presldent.
SIMON A. STBRN, Treasurer.
RUSSELL STUROIS HUBBARD.

title giijirantee pulley, as collateral security.
Foreifin bills of Exchange bought and sold.
Securities bought and sold and orders for same

executed on commission through Its correspondents in London and Amsterdam and on all Continental Bourses of Europe.
Acts as Executor, Trustee and Guardian, under
wills, for the fixed statutory charges; also as Registrar, Trustee, Transfer and Financial 'Agent for
States, Cities, Railroads, Towns, and other corporations, and for Real Estate Mi>rtgages with Coupon
Bonds in New Y'ork, Brooklyn, and elsewnere.
Collects Rents. Coui>ons and Dividends.
Negotiates State, City, R'y and Corporation loans.
ThUS'l EtS— Osrreti A. Van Alien, John D. Vermeule. Warner Van Norden, John Van Voorhis,
Hooper C. Van Vorst. W.W.Van Voorhis. James B.
Van Woert. Geo. W. Van Siclen. S. Va». Nostrand,
James Roosevelt, John R. Planten, Augustus Van
Wyck, Henry W. Bookstaver. J. W. Vanderhorst
Kuyt, Robert B. Roosevelt, Henry W. O. Kdye. Geo.
M. Van Hoeseii. Jotham Goodnow, William Dowd,
George F. Hodgman, William Remsen. Peter Wyokoff, W. D. Van Vleck, Daniel A. Heald.
ROBERT B. KOOSEVBLT, President.
JOHN D. VERMEUI-K, Vice-President.

GEO. W.

VAN

CUIC.1GO,

This Bank is directly under the jurisdiction and
supervision of the t^late of Illinois, is a LEGAL
DEPOSITORY for Court Moneys, and is authorised
to act as THUSTEK, EXECUTOR, KBCEIVKR and

ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS.
OFFICERS:
John

J. Mitchell,

John

Designated as a legal depository by
Receive deposits of

order of

money on

Interest, act as fiscal or transfer agent, or trustee
for corporations, and accept and execute any legal
trusts from persons or corporarlons,on as favorable
terms as fither similar companies.

THOMAS HILMIOOSE,

President.
FKEDEKIC U.ITAPI'EN, Vice-President'
CUAHLE8 M. .JKSUP, Secretary.

___

President.

B. Drake, Vice-President.

Wm.

H.Mitchell, Second Vice-President.

James

8.

Gibbs, Cashier.

DIRECTORS

Wm. H. Mitchell,

George Sturges,

John B. Drake,
John J. Mitchell.
John McCalTery,

C. J. Blair.

Wm. H. Reld,
L. Z. Letter,
John

INVESTED

....
9l,000,OUO
UNITED STATES

....

00

BOND*.

IN

SURPL.U8
$500,000 00
CHAKLES S. FAIRCUILD. Pres't.
WM. H. APPLETON, Ist Vice-Pres't.
WM. L. STRONG. 2d Vice-Preat
This Company is a le^al depository for Court and
Trust funds. Allows interest on dep»8its. Acts m
Executor, Trustee, Adminittrator, Guarrliaii. .ind
Receiver. Tahes entire charge uf Real and I'erBonal Estates.
Acts as Register and Transfer
Agent of all Stocks and Bonds.

Wm.
Wm.
Wm.
Wm.

A. Booth,
II. 'J'illinghaBt,

.lames Stlllman,
A. Backer.

H. Beers,

John King,

I,.

E.N.Gibbs.Norwioh.Conn
S. T. llauser. Helena. Mou

Scott. Erie, Pa.

C. Baldwin.
S'uart G. Nelson,
M. C. D. Borden,

r".

M.lI.FulKer,King8t'n,0nt
Panict S. Lumonl,

Aug.

Ki^iuntzo

JOHN

L.

LA MSON.

Secretary.

The Nassau Trust Co.
OF TUB CITY OF BROOKLYN.
Organized under the laws of the State of New Yort
101 Bi'ondTvay, ISrooklyn* N. Y*.

CAPITAL

^500,000,

Deposits received on time or subject to check.
Interest allowed on daily balances, and specltl
rates on deposits for a specitled time.
Authorized by law to act as Executor. Adminl^
trator, Guardian, Trustee, Receiver, Fiscal and
Transfer Agent and as Registrar ot Stocks wnd
Bonds; is a legal depository for Trust Funds, and
for moneys paid into court.
Accounts of Religious and Benevolent lustitn
tions. Societies and individuals s<»licited.
Checks on this Company are paid through the
New York Clearing House.
._

Tclephniip, 900 Willinnisburg.
„
WHKELOCK, President.
WILLIAM blCK. { vi_
PrPR'ts
JOHN TRUSLOW. t vite-fresta.
O. F. RICHARDSON, SocreUry.
TRI'STEKWi
T.A. Havemeyer, C, D. Wood
Wm. Dick.
F. W. Wurster,
Wm. H. Male.
A. D. Baird,
Darwin R.James, Bernard Peters. Low. M. Palmer*
Wm. E. Horwill, Joseph F.Knapp»
H. H. Rogers,
Geo. H. Prentiss, Joel F. Freeman,
E. B. Tuttic,
John TruBlow, Jno. T. WlHetts, Wm. F.Garrisoii,
.

A. D.

Thos.F.Rowland.Chas. H Russell, A. D. Wheelock,
Ditmas Jewell. John Louifhran. Edwd. T. Hulst,

American Association
OF

PUBLIC ACCOUNTANTS
(ncorporated Anicust 30, 1^87. Dnder tl,
Laivs and Statutes ot tbelHtate ot. •

Ne w Yo rk.

The bnslneBB and

objects of this BQClety are if
associate into a Society or Guild, the best and
most capable PriiLic Accountants practicing la
the United States, and throuKh such Association u)
elevate the profession of Public Accountants, as a
whole, and demonstrate their usefulness by compel,
ling an examination as to fitness, and the obserr.
ance of strict rules of conduct as a condition oa

membership.

OFFICEII81

Pre««denl-JAMBS YALDKN, New York.;
Vlce-Pres.— JOHN HEINS, Philadelphia.
Sec.-JAMKS T. AN YON, New York.:
Treae.— WM. H. VBYSKY, New Yorfc

COUNCIL.
James T. Anyon, N. Y.

Mark

C. Mlrlck, N. Y.

M. Bergthell, N.Y. Rodney McI..auKhllD, BoM
WlUlam Calhonn, N.Y. C. H. W. Sibley, N.Y.
Oeorge H. Church. N.Y. William H. Veysey, N.Y.
John Hein»,Philadelphla. Walter H. P. Veysey. N-T.
James Yalden, N.Y.
liOuls

FELLOWS ot iBB ASSOCIATION.
James T. Anyon, Louis M. Bergthell, ThonuM
James Cox, William Calhonn, aeorge B.
Church, C.W. Haskins. R. V. Munro, Mark C. Mtriek,
C. H. W. Sibley, Uenry M. Tate, William H.Teysar.
Walter H. P. veysey, James Yalden, New York
Bagot,

Richard F. Stevens, Jersey City, N. J.; Horace D
Bradbury, Rodney McI.Aughlln, Henry A. Piper
Boston, Mass.; John W. Francis, John Heins, Henry
Kelly, {"hUadelphla, Pa.; Kric
ton. D. C.

M. Noble, Waahln*

OtBceaol the AsBoctatton, No. fiO Broad*

way. Room SI

lUih Floor),

New York CltT

Crerar.

WILLIAM FRANKLIN HALL,
244 Washington

Chronicle Volumes

Metropolitan Trust Co.,
Supreme Court.

CAPITAL

ILL,.

CAPITAL. AND SDRPL,US, - 81,1-J3.0«0
INTEREST ALLOWED ON DEPOSITS,

SICLBN, Secretary.

S': Wall street. New York.
PAIO-I'F C4I»1TAI., - - S1.00O.O00

Secretanr.

Trust & Savings
Bank,

Illinois

Co.,

with

Trust Company,
46 WALL STHKET.

NegotlatUin of railroad loans a specialty.

I

W.

John

Is

or trustee.

*B.

T. Martin. Wm. H. Male,
Fred. Cromwell, Ripley Ropes,
Abram B.BayliP,
P. Rolfe,

John

Jostah O. Low,
Alexi M. White.

A. A. Low,
Wall Street.
Mich'lChauncey.
CAPITAL. AND SURPLUS, . 88.000.000 Wm.B.Kendan.

This company

Security and

.1.

United States Trust Co.
OF

New York

ALLOWS INTBKBST ON DEPOSITS. EXbI
TRUSTEES.
CUTKS TRUSTS OF EVERY DESCRIPTION.
Chas. S. Fairchlld,
Looniis L. White.
REGISTRAR AND TRANSFER AGENT
Wm. H. Appletou,
Jas.
llili. St. Piiul.MtniL
Wm. L. Strong,
Hudson Hujiulaiul.
Wm. F. Buckley,
Roswell P. Flower,

JAS. ROSS

45 and 47

^itmttjcial.

81,000,000

DIRECTORS:

...

R. Q. Remsen,

Kdward

Co.,
NEW YORK.

ST.,

CAPITAL,,

Cor. of

A. A. Low,
O. O. Williams,

Charles H. Leiaud.
Bdward King,
B. B. Wesley,
O. H. McAipln,
George B. Oarhart,
Chauncey M. Penow,*

WALL

No. 10

XLVin.

[Vol.

8INGB 1870.
posscs.iiDs tbese Tolomes slooe lt<70 hat
band to convenient reference a complete and re-

Any office
at

Parties bavins
the more recent volumes can obtain from the pub
Ushers most of the earlier TOlames, or oomplete le
oan be furnished.

liable financial history of the period.

WlI^LlAin B. DANA A CO..
102 WIIXIAH BXBEET. R£W TOKK.

St.,

Boston,

ACCOUNTANT.
Books and accounts audited and adjusted
Settlement of Insolvent estates on behalf of
creditors carefully arranged.

NOTARY PUBLIC.

Augustus Floyd,
42 PINE STREET,

ikyestjucnt [»eci;rities.