View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

financial
Dntmtti'
H U N T ’ S

M E R C H A N T S ’

M A G A Z I N E ,

R E P R E S E N T IN G T H E IN D U S T R IA L AN D COM M ERCIAL IN T E R E S T S OE T H E U N IT E D S T A T E S ,
Entered, aeeordtiw to A ct of Congress, In the rear 1894, by W it B. D ana & Co., In the office o f the Librarian o f Congress, W ashington, D. O.]

SATURDAY, JUNE 16, 1894.

V O L . 58.

NO. 1512.
W e ek E n d in g J u n e 9.

xc C h r o n i c l e .

1894.

Terms of Subscription—Payable In Advance:

New Y o r k .

486,227,827

1893.
593,239,945

Sale* of—
F or One T e a r ............................................................................. $10 00
f 1,061,303)
(1.108,483)
( S t o c k * ....
(56,945,550) (47,242,100.
(Grain....
F or Six M onths..........................................................................
6 00
European Subscription (inolndlnsr p o sta ce )...................... 12 00
75,253,463
B o sto n ......... .......................
88,039,280
European Subscription Six Months (Including p ostage).
7 00
P ro vid e n ce ........................
4,203.000
5,237,200
Annual Subscription In London (Including posta ge)___£ 2 103.
1,940,514
H a rtford ......................*«*•
2.295,028
S ix Mo*.
do.
do.
do.
...£ 1 1 0 * .
1,456,898
1,033.375
New H a v e n . . . . . . ............
1,324,211
1,012.171
The Investors ’ S upplement of 160 pages Is issued every other S p r in g fie ld -.....................
o rce ste r................. .
1,165,487
1,409.003
Month, on the last Saturdays o f January, March, May, July, September W
R386.291
P o r tla n d ....
.
•• ■•••
1,318,329
and November, and furnished without extra charge to all subscribers Fall R i v e r . . . . ...................
794,447
812,876
o f the Chronicle for six months or longer.
779.317
711.461
L o w e ll....... .
...
401,833
479.022
The St a t s and C it t S upplement o f 184 pages Is also given to every New B e d fo r d ............. - *
yearly subscriber o f the Chronicle .
88,706,Oal 104,208,915
T o ta l N ew E n g la n d ...
File cov ers are sold at 50 cents each, and to new subscribers for a
52,949.042
63 952,539
r e a r on e Die cover is supplied w ithout c h a rg e ; postage on the same is P h ilad elp h ia-•••
13.5v4.205
12,404.847
P ittsb u rg...........
18 oents.
14.0S9.660
15.055.383
B altim ore...........

£583

Terms of Advertising—(Per inch space).

O n etim e....... ........................... $3 50 |Three Months (13 tim es)..$25 00
One Month
(4 tim es).. 11 00 i Six Months
(26 “
).. 43 00
T w o Months
(8
'* ).. 18 00 ' Tw elve M onths (52 " ) .. 58 00
(The above terms fo r one m onth and upward are fo r standing cards.)

London Agents:
W H ttAM it D ana £ W I I . L I A M B . D A N A A G o . , P u b l i s h e r s ,
WILLIAM B, DANA,
S |ree, C o r n e r o f P e a r l s tr e e t,

\

f

f POST O r r tc * B ox 958.

Scranton*.........
T o ta l M id dle.,

Messrs. E d w ard s A S u rra, l Drapers* Gardens, E. C., will take sub­
scriptions and advertisem ent*, and supply slngls ooples o f the paper
a t Is. each
JOHN 0. JTLOTD.

3.815,493
1,801,075
1,600.209
985,794
63'>,139
387,000
057.341
89.213.915

Buffalo.................
W a s h in g to n ....
R o ch e ste r...........
S yracuse.............
W ilm in g t o n .....
Bingham ton.......

NKU

VOHK.

CL E A R I N O H O U S E R E T U R N S .

Iw aukee............ •••
D e t r o i t .. .. .. . . —
C le v e la n d ...................
C olu m b u s.. . . . . . . . . . . •
P eoria ............................
I n d ia n a p o lis .............
Grand R a p id s..............
L e x i n g t o n . .. . ............
S ag in a w .. ....................

The following table, made up by telegraph, etc., indicates Bay C ity .................
A k ro n ............................
that the total bank clearings of all the clearing houses of the Springfield.
O ...............
......... . . . . . .
United States for the week ending to-day, June 16, have been C Ta ontat ol nM.id
dle W e ste rn .
*881,680,898, against *889,998,447 last w e e k and *1,056,383,922
San F ra n cis co ...
P o r t la n d .......... .
the corresponding week of last year.

88.833.416
13,207,250
4,370,930.
5,748,554
5,103,940
3,578.500,
1,068,945

l,3u0.000

738.973
440,227
357,442
319,990
199.234
185,185
172.571
123,190.157

ft* m * n * H T eU w m ph ,

1804,

1803.

P e r G ent.

C h ic a g o ..
...................
8 k L o u is ___ _ . . . . . . . . . . . . .
W . w O r i c u a ....................... .

61,370,402
43,431,698
10,510,906
71,179,839
19,839.694
5,278,717

* 508 ,710 ,75 5
75,174,863
68,210,560
11,849,889
81,847,534
18,981,170
8,8 9 3 ,0 9 *

-3 0 * 0
-1 4 * 4
-2 5 4
-1 1 * 3
+ 5-2
+ 4*0
-2 3 * 5

S e v e n dfci# », 5 d a y * . . ...
O th e r cit ie s , 5 d a y s . . . . . . . . . . .

* 5 0 9 ,5 * 8 .9 5 8
118,723,817

*745 .446 ,85 4
136,492,711

-2 3 * 8
-1 4 * 5

T o ta l a ll ©Hies, 5 d a y s .* ..
A i l c it ie s , 1 d a y ..................

* 0 S « ,202 ,775
145,287,023

■ 3 81,939,585
174,444,357

-2 2 * 2
-1 0 * 7

T o ta l all c it ie s f o r w e e k ..

*83 1 ,5 5 0 ,? 9 8

■ 1 ,05 9.33 3,9 32

-2 1 *3

* 3 54 .934 ,24 7
I*M l»delpldA . . . ■„.*«** ****..

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
th e various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, June 9,
•s well as the comparative totals in 1893 are given below.
Compared with the preceding week, the aggregate exchanges
■how a decrease of nearly seventy-four millions of dollars, the
gain at Hew York being twenty-nine millions. Fourteen of
the cities record gains over the corresponding week of 1893,
but in the total for the whole country there is a decline of 21*8
per cent. Th" heaviest losses are at Chattanooga, 54*9 per
cent; Buffalo. 53*1, and Seattle, 536 per cent. The most
important gains have been at Memphis, 47*5; Fort Worth,
39-9 ; Binghamton, 23*9, and Dai Moines, 21 per cent.

8.142,196
2.281.522
1.711,149
1,065.057
983,874
312,300

-2 0 5

1894.
407,108,748

-1 5 '1
—19 7
—15-5

—10*8
—17 8
-2 0 7
+5 2
-2 3
+9 5

—16 2
—14 9
-2 3 2
—8*7
—2 4
-5 3 1
-2 1 0
—0 5
—

12*1

-3 5 -9
+ 23 9

112,098,225

-20-4

95,545.163
13.240,900
0,354,134
7,131, 70
5,67 7,305
3,506.100
1,075.500
1,703,002
1,071,392
414,303
374.0*7
448.799
S30.021
1913.050
166,603
138,201,155

-10*2

13.931,297
2,058,299
1,377.780

-13*7
—03 6

090,742
1,110,351
819.318
500,000
178,029

-3 2 8
-2 3 4
-3 0 9
-45*6
-1 8 9

A ll

—10-4

—10 1
+ 2*1

—0 5

-23*1
-3 1 0
+ 8*2
—4 0
-28*7
-3 9 0
-5*5
+3*6
-1 0 9

50.198,223
11,189,913
13.289,440
2.927,100
1.383.979
1,511.652
648.586
559,337
265,400
644.443
81.973.0*30
74,160.741
10,534,800
3.290,221
4,604.801
3,754,612
3,130,500
1,080,021
1,029,638
090,027
293.412
233,851
211,602
1 0 + 34
119.031
125,502
103,982,493

21,572,510

-2 1 8

K ansas C ity ................
M in n e a p o lis .............
O m aha................. .
St. P a u l........................
D e n ve r.........................
D u lu th ..........................
St. J o s e p h ..................
Sioux C ity ................ Des M o in e s ........... -*•
L in co ln ...................... .
W ich ita ............ ...........
T o p e k a ............. .
F re m o n t................... •••
T o ta l O th er W e s te rn .. ~

9,764.207
6,918,365
5,720,101
3,554.780
2.882,001
2.104.050
1,604.353
678,422
1,094,78*
529.475
330.411
523,117
10^,250
34,933.223

9.973,213
0,900,770
0,3 iU.715
4,798.177
4 907.522
2.193.574
2.442,220
830,481
901,72 J
632,692,
535.852
445.769
129.9451
41,011,055

-2 1
—14 3
-9 -4
-2 5 9
-41*3
-1 3
—31*9
-1 8 3
+2)0
—16*3
-38*4
+17-4
-1 0 7
-1 4 S

8.205.885
6.220,680
4,735,150
8,127.893
2,072,767
1,501,808
1,310,000
630.219
792,804
416,504
270.554
310.052
83,000
29,397,370

8t .

21,804,491
6.557.768
0,118.049
2.173.050
1,800.000
2,077,001
1,253,045
2,853,348
993,578
948.684
931,780
943,353
400.000
844,120
357,097
425,447
101,108
50,644 119

24.816,101
8.2»7.033

-11*9

-10-2

19,880,681
6,330,733
6,530,438
1,853.832
1,300,000
1,905,314
1,300.822
2,118.633
865.253
752,098
855. w85
807,510
351.040
703.811
300,000
323+18
190.223
46.490,646

-21*3

766.076.793

asssftav.::".
Fargo*...........

T o ta l P a c ific ..

L o u is ....... .
New O rlean s...........
L o u isv ille................
G a lve sto n ................
H o u s t o n .......... . . . .
R ich m o n d ................
Savannah ................
M em phis..................
A t l a n t a ...........
N a s h v i l l e . .. .. .. .. . .
D allas........................
N o rfo lk .............
W a co ..........................
F o rt W o r t h ............
B irm in gh am ...........
J a c k s o n v ille ...........
C h a tta n o o g a .... ..
T o t a l S o u th e rn

1,000.000

6,896,298

2.415.857
2.056.402
2,207,24 L
1.240.303
1.9*34,083
1,076,000
1.074.403
926.124
1,000,239
516,442
050,000
450,120
490,038
423.455
50.380,203

T o t a l a ll. . . . . . .

839,893447 1,066,718.704

O u tsid e N ew Y o r k ..

403,670,620

473,478,759

M o n t r e a l..
T o r o n to . ..
H a lifa x ....
H a m ilto n
W innipeg.*
T o t a l C anada . . . . . . . . .

T IM ©

11.895.529
0,354,765
1,224 106
775,010

* N o t Included in totals.

1 ,200,000
7 ' 3,753

833,578
18,920.406

20,249,470

—26*4

89.520,948
3,551,700
1,710.782
1,143.865
1,146.217
924,501
1,026,479
555,239
432.244
416,270
80,483,341

12,487,894
960,000
733,240
404,026
576,034
720.756
469,928
191,798
110,885
108,119
16,640,559

T a c o m a ...............
Los A n g e le s .......
H elen a .. ..............

P. Gent

(601.768)
(—4*3)
+*0*5) (19,941,425)

12,191.920
750.000
1,310,909
475.000
404.311
845.432
617,055
271.582
144,922
150.939
10,977,140

Bait L a k e C ity ...

W m k E n d in g J u n e 16.

Week Bnd'g June 2.

jP. Pent,

-tss

-n -1

98

—12-6
-5*9

+ 1-0

+47*5
-7*2
-1 1 7
+0 6
-0 2

-22*5
+ 29 "9
-42*9
-13*2
-54-9

—26*4
-

20*8

-1 2 -9
-42*1
—19-2

—20*6

—5*5
- 0*0
—29*7
—29*4
- 10*1
-38*5
—14*0
-53*1
-34*4
-7 * 2
—20*9

-18*0
-47*9
-29*6
-6 7 * 9
—29*1
-17*6

=S?
-8*4

-25*0

358,908,045

—11*3
-2 0
—

0-2

9,372,788
5,1 mO.003
909.985
630,908

—12*9
-15*0

10,104,344

-18*8

—15*5
-1 6 * 0

1008

THE CHRONICLE.
THE FIN AN CIAL SITUATION.

Present appearance* favor the conclusion that the
industrial depression has culminated this week.
The
bituminous coal strike, the most disorganizing labor
trouble the country has ever experienced, has been
‘ 'se ttle d " by the Executive Board of the “ United
Mine W orkers." We state that it has been settled, al­
though the men in many districts have up to the time
we write refused to concur in the terms agreed upon,
and have asserted that they will not return to work on
Monday, the day fixed. Notwithstanding this opposi­
tion, the better opinion seems to be that the strike is
,at an end. “ The Executive Board " had the authority
under the rules of the “ United Mine W ork ers" or­
ganization to effect a settlem ent; they have not gone
beyond their authority at all, and consequently a large
number of the strikers will conform to the terms
agreed upon and go to work. It is quite possible that
in some districts the men will hold out for a time ; but
no doubt the strike is broken, and after two weeks or
less there will most likely be very few men not
working_who can get work. The break would have
come sooner than it has if the State officials, wherever
the strikers were engaged in lawless acts, had done
their duty earlier and stopped the attacks on working
miners and the destruction of private property. Two
weeks ago we said “ the end is near,” as “ the men
have recently become more violent and riotous,” and
as a consequence the “ State authorities have begun to
interfere.” That forecast appears to have correctly
represented not only the result but probably the state
of affairs which induced it.
What this settlement may accomplish in its influence
on our industries may be in good part gathered from
our monthly article on railroad earnings on subsequent
pages to-day. It will be useful to recall, as a preliminary
to a correct judgment, the very favorable improvement
in business which had taken place when the strike was
ordered. In the C h r o n i c l e of April 14, page 616, we
remarked upon this change, citing the increase of the p>g
iron furnaces in blast as conclusive evidence of it. O cto­
ber 1, 1893, was the date of greatest depression; on that
day the number of furnaces reported was only 114,
with a capacity of 73,895 tons per week. From that, the
lowest point, a slow increase started, continuing slugglish until February, when it became more marked;
in
March the
development was much more
decided, the total furnaces in blast on April 1 being
144,“■
with a weekly production of 126,732 tons— an in­
crease of more than 26 per cent in number and over 71
per cent in capacity. Before April closed, however,
and while the business revival waB making such satis­
factory progress, this labor trouble began. It will be re­
membered that the coal strike was inaugurated April 21,
throwing out of employment about 150,000 men. How
speedily and how effectually that movement suppressed
and_destroyed all appearance of returning indusirial
activity is clearly shown by the fact that on the first of
May, ten days after the strike was begun, there
were only 127 furnaces in blast, yielding a p rodu c­
tion weekly of 110,210 tons, and on the first day of
June this had been further decreased to 88 furnaces in
number, with a capacity of only 62,517 tuns.
Could a more graphic object lesson be presented of the
consequences of the strike, or indeed a better indication
cited of the disorganizing influence of any industrial dis­
turbance, than these brief statements afford ?
It will
be noted by comparing the figures for the first of June

[V ol . LVIII,

with those for October 1, 1893, that the pig-iron fu r­
naces in blast at the beginning of the current month
were 26 less in number and 11,378 tons less in the
weekly production than they were at the date of lowest
depression during the panic of last year.
That
comparison, it must be remembered, is but the evi­
dence of the effect of this disturbing agency in a
single department of production, not in any degree
a measure of the extent of the interruption to
business it has caused.
To attempt to describe
with even an approach to accuracy the full
suspension
of
work which has resulted would
be impracticable. It is only where furnaces, factories
and the like have been absolutely closed or the running
of railroad trains has been curtailed, or when through
traffic returns we see the shortened business done,
that the results come to the knowledge of the general
public. The weekly railroad earnings since the strike
was ordered are very suggestive. For the fourth week
in April the loss was 1616 per cent; for May, that is
for the next four weeks, the loss was respectively,
beginning with the first week in the order given, 16-24
per cent, 18-10 per cent, 19-47 per cent, 17-66 per
cent; to-day we have for the first week of June a los3
of 21-98 per cent. I f our readers will look at the
record of our weekly statements, which we gave last
Saturday on page 985 running back to the third week of
August, he will see how suddenly with the strike came
the increase in these percentages, and how much
greater the loss has been since, than at any time pre­
vious except for the last week of December when it
was 16-87 per cent.
Now that the strike is practically at an end we may
anticipate, in view of the facts we have given, a
certain though a slow recovery. We say slow, because
pulling down is always an easier and a quicker process
than building up. Besides, so long as the Senate con­
tinues to discuss the tariff day after day without hav­
ing voted upon a single item, as has been the case so
many days this week— a discussion, by the way, which
apparently is of advantage to no one, for it changes no
results— any very decided improvement in business can­
not be anticipated. W e have heretofore taken the more
hopeful view that even the Senatorial deliberations
must have an end, and early in the week we were en­
couraged to think the close would come quickly. We
venture no predictions now. Of course so long as this
delay continues, the strain among the mercantile
classes increases, the Treasury situation is aggravated
instead of relieved, little new enterprise is possible, and
nothing much better than extreme caution and a wait­
ing condition of affairs can prevail.
It has been announced this week that Messrs. Brown
Brothers & Co. have purchased from the Baltimore
& Ohio Railroad Company for account of Messrs.
Brown, Shipley & C o., London, $8,500,000 Baltimore &
Ohio first mortgage terminal 40 year 4£ per cent gold
bonds. Whether it has been this negotiation which
has affected gold exports this week is not obvious.
There .has been no material change in the nominal
rates for exchange.
It
is a fact,
however,
that the exports are relatively small, reaching
only $2,250,000 for the week and $200,000 from
Boston. We are informed that it is the purpose of the
banks to furnish hereafter the gold required for export.
As our Clearing-House institutions held last Saturday
100^ million dollars of that metal, besides over
119 million dollars in currency, they are fully
able to
provide
whatever is needed.
The

J0K* 16, 185*4.)

THE CHKONICLE.

Bureau
of
Statistics
yesterday issued another
month's foreign
trade figures, and the
results
published only add to the force of the re­
marks we hare made on previous occasions with refer­
ence to gold exports. These statements come out with
so great promptitude now that their usefulness has been
increased. It seems that the net merchandise exports
in May were $4,415,000 against a net import the
same month last year of $7,000,000; and as the
silver exports netted $2,987,000 this year against
$1,294,000 a year ago, the total favorable mer­
chandise and silver balance in May, 1894, wa3 $7,402.000 against an unfavorable balance in May, 1893,
of $5,700,000 ; and yet last month we exported $23,124.000 of gold, and in May a year ago we exported
only $15,200,000. Since the first o f January 1894
(five months) the net exports of merchandise, gold and
silver have together reached $116,567,000 against a
net export for same period of 1893 of $3,253,000.
These are certainly wonderful contrasts. We give the
full trade statement at the close of our remarks on
foreign exchange. Foreign bankers seem to think now
that gold exports to Europe have about ceased for the
season.
Call loans representing bankers’ balances still rule at
the rate of 1 per cent at the Stock Exchange and, con­
sidering the fact that there is a pressure upon this
branch of the market of idle funds from almost every
quarter, it is not surprising that there should he no
change. The banks and trust companies quote 14 per
cent. The average of call money for the week was
1 per cent and renewals were at thi3 figure. There
are no new features in time loans. Lenders are desirons of making short engagements and offer money
freely for periods under four months, while borrowers
who are in a position to make contracts prefer loans
which will carry them over the usual period of
stringency in the closing months of the year. The
business is small, mainly for the reason that com­
mission houses can get all the accommodation they
require either in the call loan branch of the market or
at the banks, where their loans can stand undisturbed
for indefinite periods. It is suggested that in the
event of a decided business revival following the pass­
age of the tariff bill, money that is now being offered
by merchants for want of employment in trade will be
withdrawn, and this may result in the establish­
ment of better rates. Quotations for money on firstclass collateral are 1 per cent for thirty days, 1 4 per
cent for sixty days, 2 per cent for ninety days to four
months, 21 p ercen t for five months and 3 percent
for longer periods running to the end of February.
Commercial paper continues in good demand for firstclass, and the difficulty of obtaining such names, owing
to their scarcity and the active competition for them,
even at the low rates ruling, has induced some
o f the banks to withdraw from the paper market as
buyers and to coniine their business to discounting at
Vto 5 per cent for their best customers. Some of the
banks are doing a fair business re-discounting for their
correspondents in the interior, and some four months
paper with collateral and a bank endorsement has
been done at 44 per cent. Names are very closely
scrutinized by buyers in the market and none
but, the best are taken, and these command low
rate?. A line of four months commission house names
was sold this week at 2f per cent, but the grade was
very high, and that figure is not regarded as a fair
quotation for this class of paper. Rates are 24 per

1009

cent for choice acceptances,. 2J to 3 per cent fo r
sixty to ninety-day endorsed bills receivable, 3 per cent
for four months commission house names, 34 to 4 per
cent for prime and 44 to 54 per cent for good four to
six months single names.
The death of Muley Hassan, Sultan of Morocco,
which wa3 announced on Tuesday, threatened pol­
itical complications in Europe until arrangements were
made by the Powers unitedly to prevent a civil war.
The effect of this news was to cause an upward
reaction in English consols on Thursday. The Bank
of England minimum remains at 2 per cent, notwith­
standing the further large increase in bullion this week,
and the proportion of reserve to liabilities is now 70‘ 63
per cent, the largest ever recorded. The cable reports
discounts of sixty-day bank bills in London \ of 1 per
cent, while ninety-day bills are f of 1 per cent. The
open market rate at Paris is 14 per cent, at Berlin it is
If to I f per cent and at Frankfort it is also I f to I f
per cent. According to our special cable from London
the Bank of England gained £783,903 bullion during
the week, and held at the close of the week £37,844,493.
Our correspondent further advises us that the gain was
due to receipts from the interior of G-reat Britain
of £108,000 and imports of £676,000, of which
£383,000 were bought in the open market, £233,000
came from Australia and £60,000 were sundries.
The mark-'t.for foreign exchange is very narrow; it
continues to be insufficiently supplied with hills for
current remittance, and the deficiency has to be made
good with gold exports. But, as already stated, bankers
believe that there are indications that these shipments
will soon cease. One feature this week has been the
offering, for the first time in nearly three months, of
long sterling, drawn in the expectation that it can be
covered at a profit within sixty days. This is an indi­
cation that bankers anticipate lower rates a3 the result
of the ending of the suspense regarding the tariff. The
offerings of these bills were promptly taken, but it is
thought probable that more will come upon the market.
There was no change in the tone for exchange until
Wednesday , although bills for $1,000,000 gold which
was shipped on Tuesday were sold ou Monday and
there was abo a fair amount of commercial drafts
marketed ou that day.
On Wednesday the tone was
easier, partly because of the sale of long sterling
above noted,’ and the market also felt the effect
of
offerings of
bills
against
$750,000
gold
engaged for
shipment on T hursday; on the
following day the market became steadier by reason of
the absorption of the gold bills. Yesterday there was
no change, the tone being firm ; $500,000 gold was en­
gaged for shipment to-day. The following shows the rates
of exchange posted by leading drawers during the week:
F r i.,
M o n ..
T uesW e d ..
T h o r s .,
F r i .,
J u n e 8 . J u n e X I. J u n e 12. J u n e 1 3 . J u n e 1 4 , J u u e l u *

Brown
Bari net,
$ 80 d a y s ..
M ajtotm & Co. <Sight.. *..
Bunit British
$ 80 d a y s..
No. A m erica..? S igh t... ..
Bank o f
5
d a y s ..
M ontreal.. . . . ? S igh t... . .
Canadian Bank: (80 d a y s ,.
o f Com me roe. ? S ig h t .....
Hetdelbach,Iek> $60 d ays..
•Ibelm er & C o ? S igh t.....

88
8946
8846
90
88
8946
89 %
38
89%

\ 11*6

U u r d r r e re «...| | “K^

s ;:

s*

Iferehant#’ Bit. $ 60 days.. 83 %
o f Canada . . . (S ig h t ....., 90

88

S3

88%

89 %
88 %

89%
m i

90
8$

90
83

90

89%
88 %
89%

89%
83%
89%

8946
8346

88

Ilk

8946

89%
88
89%
88%

90
8846
90

89«

8“
00

89%

88
89%
88
89%
88%

90
8846
90

88
8946
8846
90
S3
8046
8846
89>6
83
8946
88
89 %

88%
90
90

88
8946
8846
90
88

8946
884a
8946
88
8946
88
8946
S«46
90
8846
90

The market closed firm on Friday at 4 88 to 4 88|for sixty-day and 4 894 to 4 90 for sight. Rates for
actual business were 4 874 Io 4 87f for long, 4 88|- to
4 88J for short, 4 881 to 4 89 for cable transfers, 4 8 6 f
to 4 87 for prime and 4 864 to 4 8Gf for documentary

THE CHRONICLE.

1010

commercial bills.
The following is the statement of
the foreign trade of the country for May and preced­
ing months alluded to above.
F o r e ig n T r a .d e M o v e m e n t o p t h e U n i t e d S t a t e s .
In th e fo llo w in g table th r e e cip h ers (000) are In all cases o m itte d .

----------------- 189 3 -9 4.-----------------v

,-------------- 1 8 9 2 -9 3 .---------------

I m p o r t* .
E xcu*.
M e r c h a n - E x p o r t* .
d is c .
t
t
%
2 1 4 .8 2 4 1 6 8 .1 2 8 -1-46.696
J u ly -S e p t...
1 5 0 .9 2 3 + 1 2 1 .9 6 4
O ct.-D ec—
2 7 2 .8 8 7
Jan .-M ar..., . 2*21.760 1 0 7 .2 6 0 + 5 4 ,5 0 0
60.01*7
+ 4 ,0 3 8
6 4 .126
A p ril............
5 0 .7 5 3
+ 4 .4 1 5
6 1,168
M a y ............

E x p o r t* .

Im p o r t* .

E xcu *

t

1 8 6 ,1 5 7
2 7 3 .1 U
1 0 4 .1 2 2
5 0.873
6 8 .9 6 5

$
2 0 4 .3 7 8
2 0 4 .8 2 5
2 3 4 ,6 3 4
77.014
7 5.955

*
,
-1 8 ,2 2 *
+ 6 8 .2 8 °
—4 0 .4 1 *
-1 7 .1 4 1
—7.000

6 0 3 .1 5 1 + 2 3 1 .6 1 3

7 8 2 .2 1 8

7 9 6 .7 0 0

-1 4 ,1 8 8

T o t a l ........

8 3 4 .7 6 4

G o ld .
J u ly -S ep t...
O c t .-D e c ....
J a n .-M a r ...
A p ril............
M a y .............

2,560
3.498
8.509
1 1.724
517,407

54.201
6.802
3.938
2.322
4.283

-5 1 .6 4 1
- 3 ,3 0 4
+ 4.5 71
+ W.402
+ 2 3 .1 2 4

2 0.461
1 4.502
3 4 .9 4 3
19.149
10.914

2,179
7.236
8.237
804
1,708

+ 1 8 .* 8 t
+ 7 .2 0 6
+ 2 6 .7 0 6
+ 1 8 .3 4 5
+ 1 5 .2 u 6

T o t a l ........

5 3.693

7 1 ,5 4 6

-1 7 .8 4 8

1 0 5 .9 6 9

2 0 ,1 6 4

+ 8 5 .8 0 5

S ilv e r .
J u ly -S ep t...
O c t.-D e c ....
Jan .-M ar...,
A p r il..........
M ay..............

1 3 .868
12.069
12.467
4.096
3.769

5.434
3.268
2.427
606
782

+ 8 .4 3 4
+ 9 .6 0 1
+ 10,040
+ 3 .4 9 0
+ 2,9 37

9.006
1 2 .118
1 0,136
2.333
3,066

5.580
8,011
5.308
906
1,772

+S.48S
+ 4 ,0 7 7
+ 4 ,8 2 8
+ 1 .4 * 7
+ 1,294

T o t a l .......

4 7 .0 6 9

12.517

+ 3 4 ,5 5 2

3 6 ,721

2 1 ,6 0 7

+ 1 5 .1 U

+ B x cess o f exp orts.

— H xcess o f im p orts.

The report of the Agricultural Department at
Washington for the 1st of June shows on the whole a
pretty satisfactory condition of the country's crops.
W inter wheat improved during the month, and the
average is now given at 83'2 per cent, against 81-4 on
May 1st, and against only 75-5 on June 1st last year.
F or spring wheat the average is reported as high
as 88, which compares with 86‘4 at the same
date last y e a r; Nebraska however shows a very
low condition, only 44, and in South Dakota
the average is 79 ; for North Dakota it is 97, for W is­
consin 96, for Minnesota 99, for Iowa 90 and for
Washington 89. In the winter-wheat States the aver­
ages generally are quite light outside of Kansas and
California. In Kansas the condition is given at only
57, but even that is better than a year ago, when the
average was only 47, and besides this the acreage in that
State is larger. In California the condition is re­
ported at 60, as against 72 in 1893. The following
shows the averages for the leading winter-wheat States.
ACREAGE AN D CO NDITIO N O F W H E A T ON JU N E 1.

I6
96
93
84
82
57
89
60
97
98
95
75
90
81
89

2,550 90
2,372 81
1,601 67
1,416 74
3.322 47
1,269 72
2,625 72
588 102
401 87
1,245 92
728 90
478 96
737 96
376 69
3,099

1892.

| |
1
C

-V
w

2,684
2,523
1,318
1,009
2,70s
1,50x
2.620
017
472
1,311
809
498
775
432
3,062

o
O

81
87
80
75
87
86
98
98
97
89
93
93
92
93

o

2,796
2,713
1,751
1,987
4,071
1,623
3,012
623
519
1,324
899
530
799
445
3,149

1891.
C o n d itio n , j

I 8TATB®.

O h io.............................
I n d ia n a ......................
Illin o is ........................
M is s o u r i....................
K ansas........................
M ic h ig a n .................
C aliforn ia..................
O regon........................
N ew Y o r k .................
P e n n s y lv a n ia ..........
T e n n e s s e e ................
M a ry la n d ..................
V ir g in ia ...................
T e x a s ..........................
O ther w in ter............

1893.
| C o n d itio n .

1894.

•

£
6

99
99
98
99
95
90
97
98
96
97
99
93
95
98

2,638
2,918
1,946
1,892
3.540
1.607
2.815
692
641
1,337
1,199
540
850
536
3,405

18»0.

|
1
84
63
04
77
80
69
86
91
93
98
72
97
87
67

w
*1

2,399
2,494
1,853
1,003
2.058
1,502
2,420
887
641
1,337
1,175
535
802
511
3,297

T o t . s p r in g w h e a t

83*2 2 2 .8 0 6 75*5 2 3 ,0 3 7 SS‘3 2 6 ,241
88*0 10,177 864 11,592 92-3 1 2,313

97 26,581
98 1 3,335

7 2 3 .5 2 0
91 12.567

T o ta l............ .

84*7 3 2.983 78*8 3 4.029 890 3 8 ,5 5 4

95 3 9 ,916

3 6 .0 3 7

T o t . w in t e r w h e a t

d e c. in a c r e a g e ....
b T

-4 * 8

-10*2

-3*4

+8*7

-5*3

T lir e e c ip h e r s (,0 0 0 ) o m it t e d f r o m a c r e a g e fig u r e s

Thus the average for the whole country is 84-7 the
present year against only 78-8 last year. But it should
be noted that though the condition is better the acre­
age is nearly 5 per cent smaller than last year, and in
fact the breadth sown to this cereal is the smallest for
many years past. Hence while the promise is for a
good crop there is no likelihood of a very large crop.
As concerns the other crops, their comparative condi­
tion is shown in the following.

[VOL. LYIH.

1894.
W in ter w h e a t......... 83 2
S prin g w h e a t..........8 8 '0
O ats............................ 8 7-0
K y e ............................ 9 3-2
B a r le y ..................... 8 2 3

1 893.
75 5
8 6-4
88-9
84-6
88-3

1 89 2 .
8 8 ’3
92 3
9 9 '1
9 1 '0
92-1

1 89 1 .
9 6-6
92-6
8 5 '1
95-4
9 0-3

1890.
78 1
91-3
8 9 '8
92-3
864

1889.
9 3-1
94 4
9 3 -8
9 5-2
95 6

18887 3 '3
9 2 '8
9 5 -4
9 3 '9
8 8 '8

It is of course too early yet to look for any improve­
ment in railroad earniDgs. A fter the coal miners shall
have returned to work a change for the better can be
depended on. We give on subsequent pages to-day
our review of the gross earnings for the month of May,
and the showing, as there pointed out, is the most un­
favorable we have yet had since our industries have fallen
into a state of depression. For the first week of June
the exhibit is still worse, the decrease from last year,
according to our preliminary statement, being 21-98 per
cent. Our tabulations do not cover any of the New Eng­
land roads, but that the lines in that section are suffering
hardly less severely than those in other sections is
evident from the action of the board of directors of
the New Y ork New Haven & Hartford Railroad in
reducing their quarterly dividend from a basis of 10 per
cent per annum to 8 per cent. We are justified in
assuming that this action would not have been
taken unless the course of the company’ s earnings
had made it unavoidable, and in the circumstances
it was of course a wise step. The Illinois Central re­
turn for April has been issued this week, and it shows
gross of $1,347,425, against $1,542,998, and net of
$273,342 against $383,711. For the fiscal year since the
1st of July however the company is $1,488,979 ahead
in its gross earnings and $1,198,128 ahead in its net
earnings, these gains reflecting the special benefits which
the road derived from the Fair. The Union Pacific
for April has $758,250 loss in gross and $389,409 loss in
net. The Louisville New Albany & Chicago for A pril
has gross of $230,358 against $266,791, and net of
$75,629 against $98,512; the Elgin Joliet & Eastern
gross of $82,976 against $79,780 and net of $25,258
against $11,260; the Flint & Pere Marquette gross of
$190,727 against $263,615, and net of $46,271 against
$78,059; and the Ohio River gross of $49,229 against
$65,152, and net of $13,284 against $19,522. For the
month of May the West Virginia Central & Pittsburg
reports gross of $56,716 against $105,606, and net of
$16,175 against $37,580, the heavy reductions of course
being due to the coal miners’ strike. The Nashville
Chattanooga & St. Louis for May reports $55,730 de­
crease in gross and $19,997 decrease in net.
The following gives the week’s movements of money
to and from the interior by the New Y ork banks.
W e e k E n d in g J u n e 15, 1894.

R ec e iv e d b y S h ip p ed b y
N . Y . B a n fc . N . Y . B a n k s.

j u r r e n c y . . . . . ...........................................
i o l d ........................................................
T o ta l g o ld a n d le g a l t e n d e r s ___

$7,113,000
800,000

N et In te rio r
M o v e m en t.

$3,206,000 G ain .$3,907 ,000
6 00 ,000 G ain.
2 0 0 ,0 0 0

$7,?13,OOOI $ 3 ,806,000 G a ln .$ 4 ,107 ,000

Result with Sub-Treasury operations and gold exports.
W e ek E n d in g J u n e 15, 1894.

In to
B ank*.

B a nks’ in te r io r m o v e m e n t, a s a b o v e
S n h -T rea s. o p e r an d g o ld e x p o r t s .

$7,913,000
15,800,000

Out o f
B a nks.

N e t C h a w je tn
B a n k H o ld in g s .

$ 3 ,806,000 G a in .$ 4 ,1 0 7 ,0 0 0
21,200,OOOjLoss. 5,400.000

T o ta l g o ld a n d le g a l t e n d e r s ....... S2S.713.000 $25 0 0 6 .0 0 0 'L o s s .$ l,2 93 .000

Amount of bullion in principal European banks.
J u n e 14, 1894.

Bank o f

J u n e 15, 1893.

G old.

S ilv er.

T ota l.

G old.

S ilver.

lo ta l.

£

£

£

£

£

£

37,844,493 29,396.385
29,890,385
■n gland.......... 37,844,493
F ran ce............ 71,300,737 51,091,714 122,392,451 08,471,000 51,117,000 119,588,000
35,077,500,11,692.500 40,770,000 33,087,750 11,029 250 44,117,000
G erm any —
A u st.-H u n g ’y 10,302,000 18,342.000 20,644,000 10,414,000 17,447,000 27,861.000
7,714 OOO 6,468,000 14,182 000
7,918,000 8,700,000 16,018,000
Spain ............
9,927,000
4,510,000 7,033.000 11,549,000
2,818,000 7,109,000
N etherlands..
4,238,000
1,530,333
4,591,000
2,825,333 1,412.067
Nat. Belgium
3,060.667
T ot. th is w eek 170^)19,397 96,389,547 236,408.944 154,726,468 94,582.917 249,309,385
Tot. p re v . w ’ k 169,003,021 90,450,644 265.453,065 152 898.506 94,774 917 217.678,424

THE CHRONICLE,

J une 16, 1894.]

burdens of taxation.

0111
But according to the foregoing

P E N S IO N E X P E N D IT U R E S A N D THE COST
figures the combined cost of the State governments,
OF G OVERNM ENT.
A t the present time, when the Government revennes
are falling so decidedly short of the Government ex­
penditures, an inquiry into the cost of government is
peculiarly opportune. As a result of the intense
depression in business from which mercantile and
financial interests are suffering, both Customs and ex­
cise receipts have materially decreased. Most persons
are cognizant of this one fact in the situation and
hence are disposed to think that it offers an adequate
explanation of the existing embarrassed condition of
the Government— that there is no need of going out­
side o f or beyond this great and serious unfavorable
element. But admitting that revenues have fallen off
enormously, can it be affirmed that these revenues are
not even novr sufficiently large to defray the cost of
conducting our national affairs provided our laws were
framed in accordance with correct principles so as
rigidly to exclude baseless and unjustifiable expendi­
tures ?
A Census bulletin has recently been issued which is
of great aid in answering these queries. The facts
have not ye: attracted attention, but they throw a flood
of light upon the whole subject. The bulletin we
refer to relates to the receipts and expenditures of the
national, State and local governments, and ha3 been
prepared by Mr. J. K. Upton, the special agent of the
Eleventh Census in charge of that subject. W e are
not now concerned with the details, but simply with
the grand aggregates as summarized in the following
statement as given on the first page of the bulletin in
question.
v u K rm m rm

c o u j e c k o

m

census

t e a s

1890

b y

n a t io n a l

, s t a t e a 2?i >

L O C A L G O V E K XM 1E K T8.

National G&wert&mmU inclii'llug postal re v e n u e s.. . . . . .
State#. Territories* and .District o f C olu m bia..............
Court tie#, partly feitiraateft,.
....... .

$4.61,154,680
1X6,157,640
133,525,493

Municipalities, partly estimated .......................... .......... .

329,635,200

Grand t o t a l . . . . . . . . . . . . . . . ........................... ............$ 1 ,0 4 0 ,4 7 3 ,0 1 3

These results are deserving of very careful con­
sideration, The total revenue collected in this coun­
try under the authority of Government is thus found
to be over u thousand million dollars— in exact figures,
1,040 million dollars. Bat it is not the mere magni­
tude o f the total that causes one to pause, for in every­
thing that the word implies this is a large country.
What docs arrest attention is the distribution of the
revenues as between the national and the State and
local governments. It appears that out of the aggre­
gate of 1,040 million- of taxes exacted from the people
of the United States in the Ceusaa year 1890, no less
than 461 millions were imposed by the National Gov­
ernment— that is, over 44 per cent of the taxes which
in one form or another our people were obliged to pay
In that year were collected by and under authority
of the United States. This is a striking and a
startling fact. Consider what it means. Onrs is a
very simple form of government. Its functions are
comparatively few. It is not charged with the care of
educational matters, nor has it control of the police—
these being delegated to the State and the municipality.
N or are we a military power with a huge military es­
tablishment to maintain. And yet the taxes levied by
the National Government took 461 millions of the
people's money in a single year. Much has been said
o f the costliness and inefficiency of our local govern­
ments—-how ‘ 'r in g " control and political trickery are
adding to local expense accounts and increasing the

the Territorial governments, the county governments,
the municipalities and the other subdivisions of local
authority— all these combined, with their varied and
manifold functions and duties, took from the earnings
of the people in the Census year hut little more than
did the National Government alone— that is, they took
579 millions, while the United States, with its few and
limited duties, took 461 millions.
It will no doubt he said that the revenues collected
by the National Government in the Census year were
in excess of its needs, that they left a surplus of over
100 million dollars. But that does not alter the fact
that the people had to pay them and had to hear the
burden of the same. Excessive revenues in their way
are hardly less objectionable than deficient revenues,
and we all know what unfortunate results attended the
locking up of enormous sums of money in Government
vaults in those days. But let us see how much more
favorable to the Federal Government the compari­
sons would be if instead of figuring on the basis of
the revennes we should figure on the basis of the ex­
penditures. Here is a statement of the expenditures,
after the same form as the statement of the revennes
above.
B X P E S D IT U R B S IN C E N SU S Y E A R 1 8 9 0
*

O F N A T IO N A L , S T A T E A N D L O C A L

GOVERN M EN TS.

National Government, mclucUng postal service................. $352,218,614
States, Territories and District ot Columbia, except for
public S o f t o o l s ............................................................................................................ 7 7 , 1 0 5 , 9 1 1
Counties, except for publie schools, partly estimated....... 114,575,401
Municipalities, except for publioschools, partly estimated. 232,988,592
Publie schools.............................................................................. 139,065,537
Grand total..........................................................................$915,954,055

Thus, including the National Government the grand
aggregate of expenditures in 1890 was roughly 916 mil­
lion dollars, and of this the amount taken by the
National Government was as much as 352 million dol­
lars. The proportion is somewhat smaller than in the
other case, and yet is nearly 40 per cent of tfie whole.
Out of the remaining 60 per cent there was paid all the
expenses of the State and local governments of every
description. What this latter comprehends will he un­
derstood when it is recalled that it covers the cost of
the fire, health and police departments, of public street
lighting, of parks, of penal and reform institutions, of
educational and charitable institutions including p ub­
lic schools, of the judiciary, of the legislative and ex­
ecutive departments, of the State militia, of the mainte­
nance of water-works,roads, sewers, &c., as well as the re­
quirements for interest. Only 60 per cent of the total
expenses went for these multifarious purposes, which
are usually assumed to embrace the outlays which hear
with especial weight upon the people, while 40 per cent
went for the comparatively few and limited purposes
of the National Government. The disparity in the pro­
portionate cost of the two kinds o f outlays is certainly
very great.
The aggregate of 916 millions covers the postal ex­
penditures, which are in great part reimbursed by postal
receipts. Eliminating these the per capita cost of
maintaining the national, State and local governments,
including the schools and all other expenditures, is
found to have been $13 65. The National Govern­
ment total, even with the postal expenditures excluded,
still remains very close to three hundred million dol­
lars, or not far from $5 00 per head of population in the
Census year. In other words, of the $13 65 per capita
cost of all government expenditures nearly five dollars

1012

THE CHRONICLE.

($4 76) went to defray the cost of the National
Government. It has been a popular impression that
only local government expenditures were of much con­
sequence and especially burdensome— that it was in
those departments that lack of economy was chiefly
manifest— but in the light o! the results here submitted
opinions must be revised, since, as we see, the outlays
incurred by the National Government form a large
part o f the whole.
Proceeding a step farther in our analysis we find
that the ordinary expenditures of the National Govern­
ment are not on a very extended scale, the cost of Con­
gress being about 6-J- million dollars, of the executive
department 11£ million dollars, of the national judiciary
million dollars, of foreign intercourse 1| million dol­
lars, &c., &c. Bat for pensions the expenditures were
about 107 million dollars, this form ing over one-third
o f the entire expenditures of the National Government,
exclusive of the postal service. In addition the expen­
ditures of the "War and Navy departments aggregated
70 million dollars more, making for these three items
over 177 millions, which therefore constituted nearly 60
per cent of the entire national expenditures. As a fit­
tin g contrast to these large outlays, and serving to
emphasize their magnitude, we may note that the total
outlays for all our public schools in the same year were
but 139 millions.
These facts make it evident that even in the Census
year the expenditures o f the National Government, as
compared with the expenditures of the local govern­
ments, were on an exceedingly lavish scale. B at since
then they have been further materially augmented.
Th e large surplus revenues which the Government was
collecting with the resulting heavy accumulations of
cash in the Treasury, had their usual effect in beget­
ting prodigality and wastefulness. W ith one hand
Congress cut down the revenues, with the other it in­
creased the appropriations. Both operations have had
part in bringing about the present situation.
And
obviously, except for the application o f this doable
process in extinguishing the surplus, the revenues of
the Government would not to-day be falling so heavily
short of the expenditures. The fact should not be
overlooked, either, that while it is true that business
depression has very seriously curtailed the revenues,
Some of the sources of revenue previously existing were
entirely cut off by the law of 1890-—notably the revenue
from sugar— so that aggregate Government receipts
decreased after 1890, even before the depression came.
W ith regard to the augmentation in the expenditures,
through the increase in Congressional appropriations,
that can he shown in no better or more graphic way
than by the following statement, which covers merely,
the three classes of expenditures we are considering in
this article. These figures of course are not taken
from the Census bulletin.

[V ol. LVTII.

bors. The United States is supposed to occupy a pecu­
liarly fortunate position, inasmuch as it has no large
standing army, and therefore is not under the neces­
sity of raising large amounts to maintain its military
establishment. Yet, as will be seen from the forego­
ing, our expenditures in the late year for the War and
Navy departments, and for pensions, did not fall much
short o f a quarter of a thousand million dollars. I f we
take the last four years together, the expenditures in
this way reach the enormous aggregate of 835 million
dollars.
As contrasted therefore with the burdens resting
upon the European nations, are our burdens a whit less
onerous ? Is it net high time that a corrective should
be applied ? The pension payments especially are reach­
ing at once the proportions of a national calamity and a
national scandal. W e have already seen that in theCensus year these pension payments amounted to 107
millions, while the requirements for the public schools
in the same year through the whole length and breadth
of the land were but little more than 139 million dol­
lars. In the year preceding (1889) the pension pay­
ments had been only 88 million dollars; for 1893, as the
above shows, they amounted to 159 million dollars,
being an addition in the four years of 71 m illion
dollars. L ook now at the follow ing remarkable record
of the number of pensioners on the roll.
PENSIONERS AND PENSION REQUIREMENTS,

Xctir en d in g
.— H um ber o f p en sio n e r s o n r o ll .— ,
J u n e 30—
In v a lid s.
TFfecws, <f.c.
Total,
1 8 8 9 .. . ...............373,699
116,026
489,725
1 8 9 0 ..
......... ....4 1 5 ,6 5 4
122,290
537,944
1891 .........................536,821
139,339
676,160
703,242
172,826
876,068
1 8 9 2 ........
1 8 9 3 .. . . . . . . . . . . . . . 7 5 9 . 7 0 6 206,303
966,012

‘ D isb u rsem en ts,.

489,131,968
106,493,890
118,348,959
141,086,949
153,155,343:

* T ie disbursements, here given differ from the pension expenditures
above, chiefly, yie> think, because the appropriations fo r pensions in
several o f the years-were n ot sufficient to provide fo r the disburse­
m ents, and an extra appropriation to cover the deficiency had to be
m ade in the succeeding years.

In 1889 (twenty-four years after the close of the Civil
War, he it remembered), the number of pensioners was489,7.251 in 1893 the number had risen to 966,01.2, an
addition o f half a million in four years. The num ber
of widows increased from. 116,026 to 700,300, the num ­
ber of invalids from 373,699 to 759,706— all in the
short space of four years. In the five years from 1889
to 1893, both inclusive, the amount paid out for pen­
sions has been 613 million dollars. In the eleven
months o f the current fiscal year up to the 1st of Jun c
130 millions more have been paid in this way, m aking
743 millions for a period of less than six years. Th e
great increase in the payments is of course due to
changes in the law; but that does not furnish justifica­
tion either for the law or the payments ; furthermore.
many of the claims are positively fraudulent, and the^
New Y ork Times, which has been devoting much space
to the subject, has done a great service in bringing th e
matter to public attention.
What has been said shows that the troubles o f the
Government are not entirely due to reduced revenues—*
UNITED STATES BXPJ9NDITOT.e s p o k p e n s i o n s a n d b o b THE W A S a n d
N AVY DEPARTMENTS*
that increased expenditures have been an equally p o ­
1890.
1891.
1892.
1S9S,
tent factor. Congress seems to have become impressed
_ .
?
$
*
$
P e n sio n * ....... ........106,938,855 124.415,951 134,583,053 150,357,558
with the necessity of providing additional revenues,,
W ar D epartm ent,. 47,920,664 52,051,427 49,310,405 52,024,488
■Navy D epartm ent 22,347,101 26,476,587 29,554,678 30,522,939 but in view of the foregoing it is pertinent to ask what
is being done towards applying the remedy at the otherT otal................ 177,204,620 202,943,965 213,448,136 241,904,985
In the three years from 1890 to 1893 the expendi­ end ? Absolutely nothing apparently. In the current
tures under these three heads have increased 64§ m ill­ fiscal year the pension payments have been somewhat
ion dollars, the total having risen from 177 millions to smaller than last year, but both the War Department
about 242 millions. In the Navy Department the and the Navy Department expenditures have furtherincrease is due to the building of new ships, in the increased, those of the War Department being for the:
W ar Department it has occurred chiefly in the ord­ eleven months of 1893-94 $50,134,009, against $45,nance division and in the outlays for rivers and har­ i 673,413 in the corresponding period of 1892-93, and

J

xtse

10, 1894.H

2 THE CHRONICLE.

1013

those of the Navy Department being $29,795,078,, Territory, and the various Southern States like Ala­
against $26,736,993.
bama, Tennessee, Kentucky, -West Virginia, &c.— in
The need for economy and retrenchment was never■ fact practically everywhere— the mining of bituminous
so urgent as at the present moment, and as the current coal ceased.
In isolated oases of course the mines
fiscal year is now closing, Congress, in making appro­ were kept open, hut the only conspicuous instance o f
priations for the new year, has a rare opportunity for this kind among the larger producers appears to have
enforcing such a policy. For the eleven months of the been at the mines on the line of the N orfolk & Western,,
current fiscal year the deficiency of revenues below where colored labor is employed. In very many
ordinary expenditures has been 70-J- millions and during districts not a pound of coal was mined.
Jane the amount will probably he further increased.
The effect of this situation upon the earnings of the
W ith expenditures reduced to the basis of those in the railroads has been very important. With the growth
Census year— and then they were, as we have seen, in of the country in population and in manufacturing
contrast with the outlays by the Stats and the local activity, the production and consumption of coal has
governments, on an exceedingly lavish scale— the reached enormous proportions, and the transportation
greater portion of this deficiency could be avoided of that commodity has become one of the very largest
in the future.
Congress should certainly grapple items of traffic over the railroads. This is so even
at once with the pension problem.
It is one of where the roads are not known as distinctively coal
the pressing questions of the day.
It would seem roads; their coal tonnage is large in any event, since
as if the payments might be cut in two and yet the coal is needed for consumption at points on their
meet all the requirements of humanity and justice in lines, being a first requisite of industrial life. With
the treatment of those who sacrified their health or the closing down of the mines this important source o f
Thus the direct loss vyas
their lives in fighting for the preservation of the traffic was cut off.
nation. Waste and extravagance may have been re­ great; hut the indirect effects were only less marked.
garded with indifference when the country was pros­ It being impossible to obtain coal, many establishments
perous, hut the public will not view such acts now with were obliged to elo3e up their business, and hence the
unconcern. Of course, we understand what the ready road3 lost traffic in this way too. Iron production
answer s ill he by those who favor a continuation of the especially was interfered with, a large proportion of the
present large outlay.
They will say that it is liberal­ furnaces being obliged to go oat o f blast, owing to the
ity, and not wastefulness, that has dictated the existing absence of tl. necessary supply of fuel. Besides this, the
policy, but surely when the Government is running be­ roads were themselves short of coal in many cases, and
hind at the rate o f 75 million dollars a year there must had to take off trains and curtail their service gener­
ally. In at least one instance which we recall— the
bo an end even to liberality.
Grand Trunk of Canada with its Chicago connection
the Chicago & Grand Trunk— the officials found them­
R A IL R O A D GROSS E A R N IX G S FOR M A Y . selves forced to give notice that for the time being
In the railroad world May will doubtless long remain traffic must be restricted, the coal available being re­
memorable as the worst month experienced in the served for use on passenger trains and in the transport­
downward course of earnings in the period of great de­ ation of perishable fre ig h t; the notice in this instance
pression during 1893-94. We may go a step further was given on the 17th of the month, and wa3 about
and venture the assertion that it is doubtless the very ten days later withdrawn. In addition the large num­
worst month ever experienced by the carrying interest ber of men put in enforced idleness (the f il e coal
in their entire history thus far. Such a conjunction miners alone it is estimated numbered between 150,000
o f extremely unfavorable factors and conditions, affect­ and
200,000)
diminished
greatly the buying
ing practically the whole railroad system of the country, and consuming
capacity of
the
population,
has probably never occurred before, and it is to be restricting the traffic of the roads in this way, and like­
wise diminished passenger travel over the roads. The
hoped will not occur again.
We all know how deeply our industries have been running of trains was also in a great many cases inter­
prostrated for almost twelve months, and how seriously fered with by the strikers, they seeking to prevent the
this has affected the traffic and income of our transport­ moving of any coal. It should be stated that in this
ation lines. We also know that the depression has in way, and in the effort to prevent work at the mines,
late months been intensified by the dilatory action of the strikers were very riotous nearly everywhere, so
the United States Senate in dealing with the proposed that the State militia had to be called upon to preserve
tariff changes, involving so many and such varied in­ the peace in a great many States— notably In Colorado,
dustrial interests. Bat to these ordinary depressing Ohio, Illinois, Indiana, Iowa, Maryland, Alabama and
influences of largs magnitude, thero were added sev­ West Virginia.
Very extensive floods in various parts of the country
eral special disturbing agencies, one at least of which
for the time being transcended in importance even have been another important drawback, interrupting
business depression as an element reducing the earn­ railroad operations and doing a great deal of damage
ings of the roads. Wo refer to the strike of the bitu­ generally. In Pennsylvania the overflows occurred
minous coal miners. This strike began in April, and about the 20th of the month and were the worst since
Was in progress daring the whole month of May, not the memorable disaster at Johnstown in 1889, and
even a partial settlement having been reached until the while the losses sustained were not as large as at that
current week. The strike was the most extensive ever time they were nevertheless heavy. The Pennsylvania
undertaken. It was joined in by the bituminous coal Railroad doubtless suffered most, traffic over part of
miners in nearly all parts of the country, and the pro­ its main line being suspended for some days, but many
duction of bituminous coal was almost entirely stopped. of the other roads in Pennsylvania were also badly
The anthracite coal mines were not involved in the crippled, and the floods extended into some of the ad­
trouble. In Pennsylvania, Illinois, Ohio, Maryland, joining States— especially New York. Towards the
Indians, Iowa, llissouri, Kansas, Colorado, the Indian close of the month great floods and washouts occurred

1014

THE CHRONICLE.

rvoL. Lvra,

in the Pacific section, and in Colorado some points were mileage represented, it will be seen, is quite large—•
completely isolated for a time. In Washington, Oregon, 98,953 miles— including a few roads outside of the
British Columbia, Montana, &c., the floods were of un­ country. But several important systems do not fu r­
precedented extent, causing great damage to life and nish their returns until much later in the mouth, and
property, some of the sections being for days cut off hence can not be included in our early statement.
from the rest of the world. The losses are estimated Among these we may mention roads like the Penn­
at very high figures, and the Pacific roads having lines sylvania, the Baltimore & Ohio, the Burlington &
in those parts— the Northern Pacific, the Union Pacific, Quincy, the Chicago & Northwestern, the Union
the Great Northern, the Canadian Pacific— are under­ Pacific, the Southern Pacific, the Erie, &e., some of
stood to have suffered very severely. The overflows, which are known to have suffered very heavy
however, occurred so late in the month that the effects losses. When our statement of gross and net earn­
will be reflected chiefly in the results for June rather ings for May shall be compiled, several weeks hence,
the aggregate of the falling off in gross receipts
than in those for May.
The low price o f wheat has also operated to the dis­ will be found to be much larger than at present. But
advantage of the railroads. W ith the quotation only even that statement will not show the full amount of
56@57 cents a bushel in New Y ork and 53@54 cents the decrease, since many roads do not furnish monthly
in Chicago, there is not only very little inducement returns at all. In view of the results now before us,
for the farmer to ship his product, but it leaves him in it seems no exaggeration to say that could we secure
very poor circumstances. At the Western primary returns for the entire railroad system, the loss in gross
markets the receipts of wheat in the five weeks ending earnings for the month would reach between fifteen
June 2 were only 6,851,058 bushels, against 12,300,- and twenty million dollars.
Confining ourselves to the roads from which we have
589 bushels in the corresponding five weeks of last
year. As regards the Coxey movement, some further returns, and which appear regularly in our tables, the
stealing of trains occurred in the early part of the very unfavorable character of the exhibit is somewhat
month, but the rigid way in which the courts dealt qualified when we remember that last year there had
with the offenders and the conviction and sentence been quite a considerable gain— $3,537,074 or 8 ’ 94 per
o f Coxey himself had a wholesome effect, and by the cent— so that comparison is with better results than in
close of the month trouble to the roads from the months preceding. In part the gain in May 1893
that cause had nearly ceased. In addition to all followed from the Pair, in part from the fact that the
the other difficulties railroad rates fell into a month contained one more working day (there having
state of utter demoralization.
In the West the been one less Sunday) than the same month of the
situation became so bad that the railroad presi­ year preceding. The following shows the May aggredents got together and formed a new agreement gates for a number of years past.______ <_______________
for the maintenance of rates, under which control of
E a r n in g s .
M ilea g e.
tariff schedules has been taken entirely out of the
Fear
Y ear
Y ear
Y ear
P r e c e d in g
G iv e n .
P r e c e d in g .
G iv e n .
hands of the freight agents. The restored rates, how­
M iles.
M iles.
$
$
a y.
*
ever, did not go into effect until the latter part of the 1890 (160Mroads).........
37,683,237 33,117,753 I n c . 4,565,484
83,589
85,816
119.385
36,774,414 36,655,029 I n c .
87,220
84,525
month. In the South there were also very severe cuts 1891 (137 roads).......
39,067,824 38,242,992 I n c . 824,832
96,429
93,874
1892 (143 to a d s ).......
and there the difficulty has not yet been adjusted. 1898 (137 roads)......... 95,809
43,074,051 39,536,977 I n c . 3,537,074
94,122
96,531
36,561,050 44,343,051 D e c . 7,732,001
Finally, we are comparing with the first month of the 1894 (129 roada)........ 98,958
J a n . 1 to M a y 31.
W orld's Fair in 1893. Travel to the Exposition bad 1890
84,390
82,213
174,175,876 154,698,652 I n c .19.477,224
(153 roada)........
84,525
180,042,038 172,712.257 I n c . 7,339,781
n ot yet reached very large proportions then. Still, in 1891 (137 roada)........ 87,220
204,126,016 191,529,0-8 I n c . 12,596,958
1S92 (142 roads)........
93,769
96.335
greater or smaller measure it affected favorably quite a 1893 (135 roada)........ 95,703
219,740,879 211,575,015 I n c . 8.165,864
94,016
181,666,003 211,394,392 D ec 29,728,389
1894 (129 roada)........
98,953
96,531
number of roads.
It
hardly
needs
to
be
said
that some of the roads
The effect of these various adverse influences and
have
sustained
exceedingly
heavy
losses in earnings both
conditions is reflected in a loss of earnings by the roads
relatively
and
absolutely.
The
distinctively
coal roads
included in our statement which is in excess of the loss
ot
course
have
the
heaviest
ratios
of
decrease;
thus
recorded in any previous monthly return issued by us
covering the same roads. In amount the loss reaches the earnings of the Buffalo Rochester & Pittsburg the
over 7 f million dollars— $7,782,001; in ratio the decrease present year are less than one third those of last year,
In amount the
is 17’55 per cent. In April our statement showed only being only $96,883 against $307,951.
$5,024,309 decrease, or 13-95 per ce n t; this did not Atchisonshows almost a million dollars decrease ($974, embrace two important roads which had not then report­ 770), the Northern Pacific $711,909 decrease, the New
ed, namely the New Y ork Central and the Great North­ Y ork Central $696,810 decrease, the St. Paul $441,863 ,
ern, but even with these included the loss would have the Chesapeake & Ohio $300,195, the Illinois Central
been only $6,084,703, or 14'86 per cent. In March the $285,844, the Louisville & Nashville $282,003, the
decrease was $5,877,414, or 13‘05 per ce n t; in February Missouri Pacific $262,086, the Wabash $253,000, the
$4,654,203, or 12‘54 per c e n t ; in January $1,819,853, Rock Island $233,983, the Missouri Kansas & Texas
or 12-25 per ce n t; in December $6,474,337, or $206,696, etc., etc. The losses come fro n all sections
13'83 per cen t; and in August $6,344,348, or of the country and from all classes of roads. A few
13'00 percent. Thus in both amount and ratio the roads are able to show increases, but only 23 out of the
present decrease is decidedly the heaviest yet reached, whole 129 roads in our table; of these 23 four are
which under the circumstances is not surprising of Mexican roads and the remainder are all small lines,
with the exception of the New York Ontario &
course.
In considering the magnitude of the decrease, it is Western and the Florida Central & Peninsular,
more than ordinarily important to remember that our and the gains are also small. Some roads have done
compilation does not cover the whole railroad mileage remarkably well notwithstanding their totals for
of the country. It embraces all the roads which will 1894 are-not quite equal to those of last y ea r; the
furnish early preliminary returns, and the aggregate of Long Island shows but $13,703 decrease, or less than 4

THE CHRONICLE.

J tjke 16, 1894.)

per cent. The Illinois Central, as already stated, has
$285,844 decrease, but that is in comparison with the
extra large earnings of 1893 caused by the Fair, from
which that road derived special benefits; compared
with May 1892 the loss is only $4,G91, showing that
the ordinary revenues of the road have been strikingly
well maintained. The Great Northern must also be
considered to have done well. Including the Montana
Central and the Eastern of Minnesota, it has only $102,052 decrease, though the northern Pacific, as we have
seen, has over seven hundred thousand dollars decrease.
The company is operating a larger mileage than in 1893,
and no doubt some traffic delayed by the strike of the
road’s employes in the preceding month came forward
in May.

A t Chicago the receipts for . the even month wer e
1-J- million bushels less than in May 1893., and at that
point there was a falling off also in the flour receipts;
on the other hand, the live-stock movement appears to
have been larger than in 1893, the receipts of hogs
having been 573,187 head against 463,897 head in 1893;
of all kinds of live stock the deliveries were 23,459 car­
loads in 1894 against 21,855 car-loads in 1893,

i s G R O S S earning * i s JIA V .
D ecreases.
In crea ses,
$92,973
M exican Central — . .
§53,767 lo t . A Great. Northern.
84,216
Fla- Cent. & P enln.......
39,605 Gd Rap. A Ind, (Arffa.I
f l i c . Great W estern...
84,007
8t. Louis Southwestern.
78,000
Total (representing
74.T85
2 roads)................. $103,372 Ricb. A Danville (4 rds )
WheoliaK & Labe Erie.
71,692
D ecreases.
71,139
AtoU .Top.A 8. F,t2tiJs,) $971,770 Flint A Pere Jtarq........
69,953
711,909 Pitta. A West. (3 r,Is.)..
Northern Paolfio.
69,513
696,810 To!. A Obio Cent..........
K . Y. Cent. A Had. K..
64,755
•141,861 Balt. A Otuo So’ w e s t ...
Chic. MIL & St. P a u l..
60,040
300,19? Cble. A West M te h .......
Ohe». & Otuo.................
Louisv. X. Alb. A Chic.
55,995
Illinois Central.
2S5.844
55,730
Louise. & fiaslir. . . . . . . 282,003 Hash. C. A S t L o u is ..52,957
Mo. P acific................ . . . 262,086 Tol. St. U A Kan C ity ..
50,131
Wal>asH......... ....... . . . . .
253,000 Chic. A Grand T runk..
St. Louis Alt A T. U ...
49,694
233,963
Cliie. K. I. A Paeifto----“
46,839
211,038 West Va. Cent. A Pitts.
Ruff. Roeh A Pitts..
47,141
Mo, Hans. *fc T e x a s .....
206,693 Lake Erie A Western...
44,314
JJonv. A Rio (Ira n d e ...
196,300 Texas A Pacific . . . .. .
b So Sli. A A,tl —
41,110
Canadian P a ciffc.. . . . . .
192,542
C entral........
32,147
Chic, A East Ills............
190,101 i 1
30,411
G raodTrunlt
----------179,579 M obile A Ohio ..............
Ciev. tin . CP. A St. 1.
167.914
Total (representing
W. H. Y. & Penn.......... .
1 3 1,3 4 1
53 r o a d s ,..............$7,471,192
E astT enn. V*. A Ga ...
120,741
Great SorlHern (3 rda.l
102,052
prin cipa l changes

We have spoken above of the great falling off in the
wheat movement in the West. The receipts of oats, of
barley and of rye at the same points were also slightly
leas than a year ago, while on the other hand the corn
movement was a trifle larger and there was also a gain in
the deliveries of flour, though this latter occurred
chiefly at Duluth. In the following we show the grain
movement in our usual form for the five weeks ending
June 2.
e ir r s

or

n

o n

a n d

g r a in

ros

k iv b

w e e k s

t,*38.000

6 wfc:s May-. MW I
Owk* May, WSW}
1mn
Biam 3 mu l* 18'
Detroit •
—
5 wk#, May. 1806)
6 wit*. Mat. i*#-5.
m am Jan, 4. I’HSH
Sine* Jaws, I,
s t i i . May, m m ;
5 wk*. May. mm
8i©s*t 3-0&* 4. t'rtCM:
Slcc# Jan. 1.1803!

S l/tdj
31.?’,*8
136,771;

0.431

;

1 0 3 .7 8 i

656.887
942,205

57*02
06.4*
S38,6/
5*3,17

2 ,1 9 7 .0 0 0

BU,72(
788,146

Duiutfo—
534.
6341
&wk»- May, 180»;S
*69.0731 1,973/-:
&wk*. May.
Binm J m , 1.18M( 1*387*«S1* 6,l9f4 s

469,979;

Kmmm m t ®—

1

6wki, May, 188ft
S t l l , May, 18*3
Si%m J m - 1, WM
ilnea Jan. 1, 4893
T stain f a i l -

I w l i , May. tm $ '

Manew* Jan, l, 1804
i -fan. 1. imw

80,1001
1 3 ,3 0 0
6 4 5 .4 0 0
5 7 3 ,7 0 0

4 2 .0 0 0
*0 7 ,7 5 8
7 ,8 0 0
1 5 .6 0 0

65,40U

l

43.133

!7%fH

52*5,71
j I,?r15.S■ 6,003,61

\

138.U0

2«a>0i7

1, 171.900 ]

i,o*
4787034

§ 7,050.150

S in ce J a n u a r y 1.

M a y,
P o r ts .

G alveston . . . . . . . . . . . b a le s .]
E l P a s o , & e .. . . . . . . . . . .
N e w O r l e a n s . . . . .................

M obile...............................
I l o r i d a . . .......................

Savannah.„ ....................
B r u n s w i c k , A c . , * . .......
O b & r le g t o n ... . . . . . . . .

•

P ort R oyal, & o . . . . . . .
W lIm lnK ton...........
W a s h in g t o n , &
N o r fo lk ....

g

6.814
3,779
23,150
2,589
763
17,239
10,856
1,995
4,888
4P5

6,009
2
1,090

13,891
5,385
59,238
8,669
71
25,255
3,008
7,003
30
2,088

9,374
2,949

10,718
0,136

19,623
18,706

89,895

102,981

10,830
5,086
42,389
3,281
46
18,321

......

......

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

W e s t P o in t , & c .... . . . .

!

To ta l..

1892.

1893.

1891.

1894.

1893.

1892.
*
2 6 8 ,5 9 2
10 0 ,7 1 7

C h ic a g o & E a s t . M L

1 7 0 ,0 4 6

»
307,9.51
3 0 0 ,1 5 0

O h ie . & W e s t M i c h -

tt l l o , 7 2 5

« 1 7 0 ,7 6 5

D e i. L a n s in g & N o .

ct.77,450

a 9 3 .3 5 8

9 3 ,7 0 1

E v a n 9 V .& T e r r e H .

8 3 ,5 2 7

l O J .l S 'i

1 0 0 ,3 3 1

r U O t & P .M a r q ....
S r . R a p .& i n d . Sy& ,
I llin o is C e n tr a l —
L a k e B r ie & W e s t ,
L on g I s la n d ........

$
9 0 ,8 8 3

1 8 7 ,4 7 2

2 5 8 /3 1

2 9 9 ,0 1 2

2 1 8 .5 9 0

1 8 6 .5 3 5

270 ,7 5 1

2 5 1 ,5 4 8

1 ,4 5 3 ,6 6 3

1 ,7 8 9 /0 ?
3 0 2 /8 0

1 ,1 5 8 ,3 5 3

2 5 5 ,5 3 0
3 7 5 ,5 1 0

2 5 3 /0 3

3 3 9 ,2 1 3

3 0 0 /5 2

1 3 8 .2 1 0

1 0 7 /0 1

11 0 ,7 9 1

2 8 4 ,4 7 1

2 5 8 ,4 9 8

,

N . Y . O u t . A* W e s t .
P i t t s b 'g J t W e s t ’ n .

3 8 5 ,8 1 5

3 0 6 ,1 1 8

1 7 4 ,6 8 7

3 2 2 ,4 8 2
2 4 4 /4 0

*66,106

St. L . Alt. & T. H . .

7 3 ,8 3 0

1 2 3 /2 4

1 0 6 ,4 1 6
1 5 2 ,5 6 2

T o l. P e o . & W e s t ..

7 8 ,1 8 6
5 8 /0 2

1 4 2 /9 9

T o l . S t . L . & K . C ..

1 1 5 ,2 4 8

7 4 /4 1
1 6 8 ,2 0 5

1 3 8 ,4 2 1

W e s t . N . Y . So P a . .

1 8 9 ,1 0 0

W h o o l. S L . B r ie ..

0 5 ,3 5 8

3 2 0 ,4 a
1 3 7 /5 0

1 2 9 /4 0

4 ,4 2 2 .4 4 3

5,953,$ 87

5 ,2 1 5 ,9 0 5

T o l . & O h i o C e n t ...

1 1 .0 7 1 !

47/46

61,6903
126,58*

181.936
6 3 9 ,3 8 3
3*4/27
918.417
03^30,077 -45,103.074 9 ,3 2 8 .1 8 0 1,224,870
49.70-.845 43 214.03®* 9,082/82! 1.800,427

11,200,20Jif ».37f.0501

1891.

1893.

1892.

190,154
12,547
570,953
52,178
10,082
211,509
46,674
58,570
34,713
29.588
53
139,489
91,701

218,881
18,551
580,234
85,268
6,981
150,400
12,707
40,509
103
19,167
177
85,260
35,777

277,407
22,718
896.170
09,180
4,629
221,345
47,427
79,819
282
24,947
710
141,250
130,438

158,052 1,448,211 1,154,065 1.016,26

2 2 8 ,4 7 6

11,660.1.30 18.193.240;

1892.

RECEIPTS OV COTTON AT SOUTHERN PORTS IN M AY. AND PROM
JANUARY 1 TO MAY 3 1 , 1 8 9 4 , 1 8 9 3 AND 1 8 9 2 ,

L o u . B v a n s . & S fc.L .

6 5 .0 0 0

-i-

rt.85f.058
tjmmv 1.2/0
>M»
1,381,761i

1893.

4,587,142 17,976,728 6,937,136
831,090
4,286,568 33,454,855 19,593,801 23,977,901
5,008,916 28,400,274 24,962,894 24,466,763
611,223
640,154
1,181,304
129,704
739,474
4,294,839
5,050,081
6,060,100

L o u is . N . A. & C h i c .

7,5,81,300

1 3.746JI
4/19,51
I l#j$8i«8]
I §2*330,2!

5 wks. May, IS94
%wl*. May,
8ine# Jan. t W l
8!nc# .laa. 1,189*3

S f l * . Mar-

UBM$\

5,890,

7, 427.800

7 6 ,9 3 1 1
30.6071
2 4 3 ,3 7 2 1

2,390,513
4,809,902
7,041,153
98,011
449,664

As regards the cotton movement in the ^South, that
is not much of a factor at this time of the year. How­
ever, such as it is, it was smaller than a year ago, the
gross shipments overland having been only 51,136
bales against 73,325 bales, and the receipts at the
Southern ports 89,895 bales against 102,934 bales.

B u ff. R o c h . S P i t t .

MS/P
■•

IM M

1894.

1892.

T otal grain 13,212,437 14,7c9,843 21,025,752 71,348,333 68,223,101 62,623,204
411,052
304,991
358,465
1,929,738
2,113,148
2,419,620
F lour., bbls.
9,807
162
1,523
3,528
2,904
1,951
Pork. ...bhls.
O utm 'ts.lbs. 12,107,813 12,712/86 11,292,799 53,080,545 40,037,249 69,142,002
6,032,518 5,398,024 5,333,179 30,235,862 20,775,275 32,443,612
Lard.......lbs.
737,239
8,580,000
468,897
3,103,037 2,274,640
678,187
L ive hogs No

M ay.

\

1893,

468,182
5,159,357
7,212,144
74,086
293,068

?2heat.bU8h.
O om ...hush .
O a ts., bush.
R y e., .hush.
Barley.hush.

6.H3;

13*181]
00,7741

S in ce J a n u a r y 1.

M ay.

189*.

2,

a * / 76
33/90’ 1*044M

Sino# Jan. t, 1893]| 104JM

Minnm.pnl is—

242,440

1,135,11

10I/O d53 ',60I f
ifS.ttif

Psoria—
21,0001
6 wk». May. 189$)
19,9&0
&irks. May, SBfc1
mtitrn Jan, 1.1804 j| 106,9*./!

9inc# Jan. I. I80J

(bm h.)

8 /08,480
2,808,801

8L L o u is -

£wit*. M if, 18

$ *rk*. may, 481 ,
84,96# Jaa, 4,18©$!
Ib e a •**». 1. W zil
Tam?*-

Barley,

t .u j .t m

879/50
svrjoo
if<2.730
IAS-, -■%&
y* 7,770 »M7,40S
4

6 * l« . May. im t
5 irk*. SiIlf» Mtt*
Hlnc* Jan. 1. Iwn
,8luc« Jan. 1.1*0

Oats,
(bush.)

815,118
8.291.374
&oo,S»i 1
4M66/&4 0/4O.46?
U M h ^ ih 20,010.001
1,697 *1,648,423 24,551/03 6,101,470

&95JB7
tJ tS M t

M M l
t «Suu"C?* v m
«MU33
6 irk*. Way. IMn
Bmm 3m., 1, i*o*
2,17)9.178
iM C J m . 1,
MUmauksm—

Oort*,
(bush.)

Wheat,
(busK)

R E C E I P T S A T C H I C A G O D U R I N G M A T AN IJ S IN C E J A N U A R Y 1 .

When we consider the roads by groups, we find the
heaviest ratio of loss in the group of roads running
through the Middle and Middle Western States. It is
Bin,
here where coal mining is on the largest scale and here
( b u sh .)
where coal plays the greatest part in the traffic of the
87,418 roads.
In the table below the falling off from last year
112.040
010.073
On some of
654,229 reaches $1,531,044, or nearly 26 per cent.
76,285 the Ohio roads like the Toledo & Ohio Central, the de­
135,800
447,005 crease is smaller than it otherwise would be because
5 7 2 .0 0 0
the same roads also suffered from a strike of the miners
8.733
80,881 last year, though for only part of the month then.
04.141
402,142
EARNINGS o r MIDDLE AND MIDDLE WESTERN R O A D S .

e n d in g j o k e

AMD 81SCR JANGARY 1.
! JTUntr,
(M sJ

1015

T o t a l .........

.....

1 9 8 ,9 4 9

7 2 ,0 1 0
2 8 0 ,8 2 5

1891.

1890.

1889.

S
*
*
1 94 /01
100,418
242,044
240,416
184,838
234.313
114,401
143,813
140,389
86,585
97,299
95,920
84,369
72,918
89,484
247,456
199,386
214,450
206,448
235,428
230,214
J.423,573 1,308/98 1,269,013
251,429
257,192
186,097
281,002329,284
352,766
9 5 /1 8
100,511
325,748
198,398
230,916
214,900
150,001
190,100
240,309
205,111
190,295
187,801
81,829
101,774
109,063
110,949145,723
125,095
74,796
76.208
76,815
02,218
134,706
105,881
292,763
297,270
294,149
73,483
98,214
104 /97
4/31,898

4.731,722 4,197,266

a iH ffn r o a h e r e f o r 1 8 9 4 a n d 1893 a r e s i m p l y t h e t o t a l s o f

t h e e a r n in g s f o r t h e
f o u r w e e k s o f t h e ns m t h a s r e p o r t e d i n t o w
t h ° m 01i^ 8
jn g s u s u a lly e x c e e d t h e w e e k ly e s t im a t e s q u it e c o a s id e r a o iy .

For the trunk lines from which we have returns the
falling off is much smaller than in the case of the

THE CHRONICLE.

1016

fVOL. LYIII,

rzr.

other roads in the Middle and Middle Western State3. nished their returns like the Northwest, the Burling­
The decrease, it will be seen from the following, is only ton & Quincy and the Omaha) the decrease i3
,
$1,357,348, or 15-81 per cent. The statement, how- $990,441, or 14-63 per cent.
BARNINGS OF NORTHWESTERN LINES.
ever, does not embrace the Pennsylvania, the Erie or
the Baltimore & O h io; with these roads included the
1893.
1894.
1892.
M ay.
1891.
1890.
1889.
showing would doubtless bo much more unfavorable.
$
$
t
S
$
EARNINGS OF TRUNK LINES.
M ay.

1894.

1893.

1802.

*

*

$
137,830
332,703
1,020,723
1,360,101
244.S57
75,54t
3,474,437
1,038,647

?
170,466
302,001
1,118,8.* 3
1,497,395
278,150
72,232
3,435,550
937,784

*
155,891
313,970
1,070,273
1,443,231
251,277
08,019
3,105,787
1,023,572

7,710,810

7.878.431

7.495,02')

B . & 0 . S.W
Oh. A Miss.
C .C .C .A S tL
G .T . o f Ca.*
Ch. & G. T*
D .G .H & M *
N .T .C .& II.+
W abu a h ___

1.016,841
1,302,351
226,727
69.309
3,304,803
867,000

1,184,756
1,4 23, <33
265,991
83.532
4,004,613
1,110,000

*
( 192,142
< 310,117
1,097,354
1,414,6*1
271,918
81,359
3,643,403
055,369

T o ta l........

7.230.134

8,587,4*2

7,960.343

517,858

1891.

1830.

1839.

♦ F or fo u r weeks.
In clu d e R om e W atertow n & O gdensburg f o r all year.

EARNINGS OF PACIFIC ROADS.
1893.

1892.

1891.

1890.

1889.

Can. P a cific.........
N o rth ’n P a cific..
R io Gr. W est'n ...

$
1.413.000
1,180,077
196,000

*
$
1,005,542 1,702,624
1,891,983 1,724,375
217,895
214,500

*
1,002,920
1,902,772
204,056

*
*
1,390,350 1,177,421
1,964,771 1,632,186
162,647
107,528

T o t a l..................

2.789,677

3,712.028 3.644,891

3,710,648

3.5?3,708 2,917.135

In the Southwest the percentage of decrease is also
quite heavy, reaching in the case of the roads below
19-87 per ce n t; in amount the decrease for these roads
is $1,893,595.
EARNINGS OF SOUTHWESTERN GROUP.
M ay.

1894.

1S93.

1892.

1891.

*

*

$

2,953,183
177,443
605,962
081,827
279,075
357,783
708,780
1,916,498
04,816
285,374
400,046
8.550.785

C ol. M id ... i
St.L.&S.F.Sy
D en.& R loG r.
In t. & Gt. No.
k . c f . s .& m ..
M o. K . & T ex.
M o.P .& Ir.M t
S t . Jos.& G r.I.
8 t.L . Southw .
T e x a s & P ac.

2,500,931

3,435,111

021,312
533.000
207,179
a 3 18,009
089,531,
1,857,820
80,250
291.000
470,158

727,875
729.300
800,152
a340,159
890,227
2,119,906
93,047
309,000
514,972

$
j 3,072,577
< 178,584
098,004
085,495
267,242
374,333
746,824
1,908,384
81,299
303,382
411,642

T ota l............

7,035,184

9,528,779

8.727.820

A . T. & S. F. i

1890.

1889.

*
3,005,718
170,201
695,681
750,548
283,312
425,787
709,240

$
2,248,400
143,718
562,015
047,792

■122,303
290,927
502,903

94,734
211,165
48O.0S2

373,144
029,220

♦ “ F.l5 ar,!3
for
an d 18)3 are sim p ly th e totals o f th e e a r n i n g f o r the
,? °* t '10 m on th as reported in th e w eekly r e tu r n s ; th e m o n th ’s earn­
in g * usually ex c e e d the w eekly estim ates qu ite con siderably.

The Southern group has on the whole done better
than any other, the decrease for the leading roads
being only 15-41 per cent— in amount $ j11,120.
The small loss on the N orfolk & Western is explained
by the fact that a3 the miners on its line kept at work
and the demand for coal was urgent, the road was able
greatly to increase its output.
EARNINGS OF SOUTHERN GROUP.
M ay.

1894.

*
562,925
Chesapeake & Ohio
3S. T en n .V a. & G a .
339,530
K an.C .M em . & Blr.
a66,017
L ou isv . & N ashv .. 1.479,010
M em phis & C h ar..
101,354
M obile & O h io ___
260,014
N asK C h att.S S t.L
368,616
N o rfo lk & W e s t’ u/>
845,623
R icb m .& Danville?
908,165
South C arolina___
78,000
_

T o t a l..................

1893.

1892.

1891.

1890.

1889. '

?
$
$
*
$
863,120
744,455 +720.825
040,997
474,002
460,277
400,234
497.661
592.244
445,817
a65,509
81,211
89,929
80,539
70,304
1,761.613 1,707,678 1,490,504 1,577.216 1,382.680
108,531
93,659
110,721
143,051
118.539
290,425
263,480
270,177
298,792
243,579
414,376
418,110
305,378
293.050
287,692
*S73,160
769.552
704,819
707.070
651,710
982.950
942,325 1,053,725 1,001.400
8C8.791
90,989
92,829
100,173
94,712
80,987

4,PP9,590 5,911,010

5,578,539 5.415.912

5,777.764

6,768,205 5.858.777 5.744,622 5,823.817

4.992,846

G R O S S E A R N IN G S A N D M IL E A G E IN M A Y .
G ro s s E a r n in g s .

1894.

For the Pacific roads of course the result is quite un­
satisfactory. The three roads below have a decrease of
$92.2,351, or 24-85 per cent.

1894.

T otal ...............

M ile a g e .

N am e o f R oad.

t

M ay.

*
230,659
277,460
310,858
201,828
231,850
217,710
B u rl.C e d .R .& N o .
267,950
351,833
35*,240
373,060
853,931
221,528
Chic. Gt. W e s t ....
2,251,619 2,097.548 2,000.254 1,929,768
Chlc.M tl.A St.P. 1
2,259,713 2,701,576 |
131,700
120,993
M ilw au.& N o.. >
142,972
94,392
1,010,757 1,250,890 1,281,79- 1,591,850 1.291,929
Chic. R . I. & P a c. 1,376,774
143,503
184,013
205.000
172,867
Duluth S.S.& A tl.
228,796
197,497
992,104 1.024,950
910,398
1,145,493
716,935
Gr. N orthern Sys. 1,043,443
123,503
127.452
123,000
155.147
100,320
107,807
Iowa C e n t r a l ..../
143,915
130,577
135,800
134,275
105,208
107,800
Minn. & St. L o w s.
129,930
120,040
101,474
140,859
158,683
170,948
3t. Paul & D uluth

5,440,731

4.524.901

a Figures h ere fo r 1*94 and 1893 are sim ply th e to ta ls o f th e earnings fo r th g

xour w eeks o f th e m onth as reported in the w eekly returns ; th e m o n th ’ s e a rn .
Jags usually ex c e e d the w eekly estim ates qu ite c o n s id e r a b le
t Does n ot in clu d e the Elizabethtow n L exin gton
B ig Sa'ndy road in this and
p reced in g years.
t Figures are approxim ate, sam e as fo r th is year; actual earnings w ere larger
0 Including S oloto V a lley & N ew England and Shen andoah V a lley fo r all th e
year*.
5 In clu des th e w h ole R . & D. sy ste m .

F or the Northwestern group the ratio is even less
than for the Southern, but several large systems
are not represented in our ta ble; for the lead­
ing roads (outside of those which have not yet fur-

A t c h . T .& 8 . F e S y s . . .
8 t . L. Sc 8 . F r a n . S y s ..
B a lt. & O h io S o u t h w a
B lr m ’ liam <fc A t l a n t i c
B r o o k ly n E l e v a t e d . !
B uff. K o c h . & P itt si)
B a r i. C e d . R & N o . . .
C a u a d ia u P a c i f i c ........
C a r o lin a M id la n d —
C h a r. C in . & C h ic . . .
C h ar. S u m t e r & N o .5
C h e s a p e a k e & O h i o ..
C h ic. & E a s t I ll i n o i s .
C h ic. G r e a t W e s t e r n .
C h ic . M il. & S t P a u l.
C h ic. P e o .& S t .L o u is .
C h ic . R . I s l. Sc P a c . . .
C h ic. & W e s t M i c h . . .
C in . G e o r g . & P o r t s . .
C in . J a c k . & M a c k —
C in n .P o r t s m ’ t h & Y a .
C o l. Sc M a y s v i l l e . ..
C le v . A k r o n & C o l ...*
C le v . C in .C h .& S t . L . .
C o lu s a & L a k e ..............
C u rr e n t R i v e r ..............
D e n v . & R i o G r a n d e ..
D e t. L a n s ’ g & N o r t h . .
D u l. S o . S h o r e & A t l . .
E. T e n n .V a . Sc G a . . .
E lg iu J o l i e t & E a s t . .
E v a n sv . & In d ia n a p .
E v a u s v . Sc R i c l im ’ d . .
E v a n s v . Sc T . H a u t e . .
F lin t & P e r e M a r a . ..
F la . C e n t. & P e n i n . . .
F t. W o r t h Sc R i o G r . .
G a d s d e n Sc A t t . U n .
G e o r g i a ............................
G a. S o u t h . & F l o r id a .
G r. R a p id s & I n d i a n a .
C in . R ic h . & F t . W . .
T r a v e r s e C i t y ...........
M u s k . G r .R .& I n d ..
G r. T r u n k o f C a n a d a !
O h io . Sc G r. T r u n k . 1
D e t . G r .H a v .& M i l.t
G t. N o .— S. P . M . & M.
E a s t e r n o f M i n n .. .
M o n t a n a C e n t r a l ..
G u lf & C h ic a g o ............
H o o s a c T u n . & W ilm .
H u ra eston & S h en . ..
I llin o is C e n t r a l ...........
r n t e r n a t ’ l & G t. N o . .
I n t e r o c e a n io (M e x .) +
I o w a C e n t r a l .................
I r o n R a i l w a y .................
K a n a w h a Sc M i c h ___
K a n . C. C lin . & S p r . . .
K a n . C. F t. S .& M e m ..
K a n . C. M e m . Sc B i r . .
K a n .C .P itt s h . & G u l f .
K a n . C it y S u b . B e l t . .
K a n . C .W y a n . & N .W
Kan.C.«M B e a t r i c e . K e o k u k & W e s t e r n . ..
L a k e E r ie A ll. & S o . . .
L a k e E r ie & W e s t e r n .
L e h ig h Sc H u d . R iv e r .
L o n g I s l a n d ...................
L o u is v . E v a n s . Sc S t .L
L o u is v . & N p ,s h v ille ..
L o u is v . N . A l b .& C h ic .
L o u is v ille S o u t h e r n ..
L o u is v . S t .L . & T e x . .
M a c o n Sc B i r m in g ’m .
M a n is t ic iu e .....................
M e m p . Sc C h a r le s t ’ n .
M e x ic a n C e n t r a l .........
M e x ic a n N a t io n a l —
M e x ica n R a ilw a y ... 1
M iu n . Sc S t. L o u i s ___
M o. K a n s .& T e x .s y s . M o. P a c . Sc I r o n M t ..
M o b ile Sc B i r m ’g h a m .
M o b ile Sc O h i o . . . . -----M o n t . Sc M e x . G u lf ..
N a s h v . C h a t. Sc S t. L .
N. O r le a n s & S o u t h ...
N .Y .C e u . cfe H u d . R iv .
N. Y . O u t. & W e s t . . . .
N o r f o l k Sc W e s t e r n . . .
N o r t h e r n P a cT fic........
O h io R i v e r ......................
O h io S o u t h e r n ..............
P e o . D e c . Sc E v a n s v . .

1893.

$
$
2 ,51)8,934 3 , 435,141
621 ,31 2
7 2 7 ,8 7 5
5 17,858
4 5 3 103
1,971
2.796
1 9 5 .8 5 7
180,474
307.951
9 6 .8 8
2 8 8 ,6 5 9
3 10,858
1 ,4 1 3 ,0 0 ( 1 ,6 0 1 ,54 2
2,152
2,713
12,4 90
1<>,523
9 ,3 0 0
10,5 00
8 6 3 ,1 2 0
582 ,92 5
170 ,04 0
3 6 0 ,1 5 0
267 ,95 6
3 5 1 ,9 6 3
2 ,2 5 9 ,71 3 2,7 0 1 ,5 7 6
54.814
7 2 ,9 0 2
1 ,3 7 6 ,7 7 4 1 ,610,757
110 ,72 5
170 ,76 5
6 ,520
5,972
52,431
3 9 ,8 0 8
2 6 ,2 6 6
22,511
1,157
921
5 3 ,1 8 5
47,2 43
1,016,841 1 ,184,755
2 ,1 0 0
1 ,2 5 0
9 ,4 6 4
13.6 15
7 2 9 .3 0 0
5 3 3 ,0 0 0
7 7 ,4 5 0
9 3 ,3 5 8
1 4 3 ,5 0 3
1 8 4 ,6 1 3
3 3 9 ,5 3 6
4 6 0 ,2 7 7
68,8 60
7 6 ,1 5 4
17,213
2 8,7 95
1 6 ,2 3 6
1 0 ,2 0 6
1 04 ,13 2
83.527
1 8 7 ,47 2
258 ,61 1
1 6 4 ,40 3
1 2 4 ,7 9 8
18,1 95
3 0 ,2 8 1
1 ,284
627
8 0 ,9 5 4
8 *,247
6 5 ,5 4 7
62,971
2 0 9 ,91 8
1 4 1 ,63 6
4 0 ,5 0 4
3 1 ,6 9 6
4 ,2 4 2
6 ,3 8 0
8,911
13,9 49
1 ,6 13,567 1 ,7 9 3 ,1 4 6
3 3 4 ,2 8 5
2 8 3 .8 5 4
85,374
1 0 3 ,14 6
8 13 ,16 1
9 7 0 ,4 0 8
85,473
7 4 ,0 9 6
1 44 ,80 9
1 0 0 ,9 8 9
3,333
3 ,6 3 6
3 ,8 3 7
3 ,038
8 ,269
8 .3 0 0
1 ,4 5 3 ,66 3 1 ,7 3 9 ,50 7
3 00 ,1 2
2 0 7 ,1 7 9
16 i .225
1 9 2 ,4 3 0
1 2 3 ,0 9 0
1 5 5 ,1 4 7
4 ,3 0 9
2 ,6 5 6
3 2 .0 0 0
3 2 ,7 8 2
2 2 ,3 0 6
24,1 15
3 1 8 ,0 0 0
3 4 0 ,15 9
66,0 17
65.5 69
12,1 23
3 0 , 1^8
2 3 ,5 9 9
2 2,481
2 2 ,6 9 6
26,1 88
974
1,041
2 7 ,6 2 0
2 6 ,3 9 7
4,271
5 ,2 8 5
2 5 5 ,5 3 9
3 0 2 ,6 8 0
42.051
5 6 ,7 4 9
3 7 5 ,5 1 0
3 3 9 ,2 1 3
110,791
1 3 8 ,21 6
1 ,4 7 9 ,6 1 0 1 ,7 6 1 ,9 1 3
2 2 8 ,4 7 6
2 84 ,47 1
5 9 ,1 3 5
4 6 .1 4 8
50,741
3 5,3 39
4 ,3 4 7
4 ,1 9 5
8 ,747
1 0 1 ,3 5 4 . 1 0 s !s 31
7 0 0 ,6 6 2
7 6 4 ,4 2 9
365 ,56 1
3 6 6 ,2 3 8
3 0 0 ,3 3 0
2 7 4 ,0 3 4
1 3 5 ,8 6 u
1 48 .91 5
689,531
8 9 6 ,2 2 7
1 ,8 5 7 ,8 2 0 2 ,1 1 9 ,9 0 6
18,252
■
2 1.695
2 6 0 .0 1 4
2 9 0 ,4 2 5
9 0,0 00
8 3 ,5 9 6
3 5 8 ,6 4 6
- 4 1 4 ,3 7 6
8 .3 9 0
1 1 ,8 5 4
3 ,3 04.803 4 ,0 0 1 ,6 1 3
3 3 5 ,81 5
3 2 2 ,4 8 2
8 7 3 ,1 6 0
8 45 ,62 3
1 , 180,077 1,8 9 1 ,9 8 6
55,3 88
6 6 ,9 2 2
3 3 ,7 1 0
4 4 ,7 3 1
7 3 .7 4 5
62.5 08

D ecrea se.

1894.

1893.

$
—8 68 ,20 7 7,458 7 ,4 8 1
— 106.563 1,864 1 ,8 6 4
—64,7 55
917
917
22
—825
22
20
17
—15,383
— 2 1 1 .06 8
334
294
—24,1 99 1,134 1 ,1 3 4
—1 9 2 ,5 4 2 6 ,327 6 ,0 1 5
55
55
— 561
+ 1,967
20:
207
+ 1,200
139
139
—3 00 ,19 5 1 ,2 6 9 1 ,2 6 9
— 1 9 0 ,10 4
480
515
922
922
—84,0 07
—4 41 ,86 3 6 ,0 6 6 6 ,0 8 6
313
— 18,088
313
— 2 3 3 ,98 3 3.571 3 ,5 7 1
575
— 30,040
575
42
+ 548
42
— 12,623
345
345
106
105
+ 3,755
— 236
19
19
194
—5 .9 4 2
194
—1 6 7 ,9 1 4 1 ,8 5 0 1 ,8 5 0
22
—850
22
82
+ 4,151
82
— 1 9 6 ,30 0 1,657 1 ,6 4 6
334
334
— 15,908
—4 1 ,1 1 0
589
589
- 1 20,741 1 ,265 1 ,2 6 5
182
— 7 ,2 9 4
182
— 11,5 82
156
1 56
— 6 ,0 3 0
102
102
165
— 20,6 05
165
—71,1 39
639
639
+ 39,6 05
926
666
— 1 2 ,0 3 6
146
146
—657
11
11
307
— 8,293
307
— 2,576
285
285
—6 8,2 32
436
436
- 8,808
86
86
26
26
—2 ,1 3 8
37
—5 ,038
37
— 179 .57 9 3,508 3 ,5 1 5
335
—50,4 31
335
— 17,2 72
189
189
— 1 5 7 ,24 7 3,709 2 ,8 9 0
72
72
+ 11,3 77
256
253
+ 43,8 20
62
—303
62
25
+749
25
95
95
+ 31
—2 85 ,8 44 2 ,8 8 8 2 ,8 8 8
—92,9 73
825
8 25
+ 24,2 05
519
5 L9
—3 2 ,1 4 7
497
497
20
20
— 1,653
142
— 782
173
163
+ 1 ,809
163
—2 2 ,1 5 9
671
671
+ 448
276
276
132
+ 18,0 35
235
+ 1,118
35
35
- 3 ,4 9 2
175
1 75
—67
20
20
—1 .223
143
143
—1 ,0 1 4
61
61
725
- 47,141
725
90
— 14,698
90
—1 3 ,7 0 3
362
362
—27,42
368
3 68
— 282 ,00 3 2 ,9 5 5 2 ,9 4 3
—55,995
537
537
— 12,987
130
130
—15,402
166
166
+ 152
97
97
+364
44
44
—7 ,1 7 7
330
330
+ 6 3 ,7 6 7 1,860 1 ,860
—677 1 ,219 1 ,2 1 9
+ 26,2 96
321
321
— 13,0 55
355
355
—2 0 6 ,69 6 1,945 1,708
— 262 ,08 6 5 ,3 7 5 5,375
— 3,443
149
147
—30,411
687
687
+ 1.404
3 83
388
885]
— 55,7 30
810
— 3.464
65
65
— 696 ,81 0 2 ,395 2 ,0 9 6
477
+ 13,333
477
— 27,5 37 1,567 1,556
—7 1 1 ,9 0 9 4 ,6 2 3 4 ,6 2 3
- 11,534
215
215
— 11,021
226
150
— 11,237
334
334

THE CHRONICLE.

Jcys 16, 1894.1;
Gross E a rn in g s,
S a m e o f R oa d .

1894.
Fitts. Marion A C h ic.
P ltu b . Shan. & L. E .
Pittsb. A W estern___
Pittsb. CJSY. A Tol.
Pittsb. Pa. A- F air..
Ft. Royal A Augusta.
Quin. Omaha i K . C . .
Rich. & D an ville.. . . .
Georgia Paeide___
Char. Col. & Aug .
Col. A G reenville..
R io Grande Soath’n.
R io Grande Western.
Sag. Tuscola A Huron
St. Jon. & Gr. Island..
St. L. Alt. * T. H ..
St. h . Kennett A S o ..
8t. Louis Southwes'D.
St. Pan! A D uluth---San Eraii, & N o.P ac-.
■Sac. Amer. A M ont..
Bher. Shrev.A South..
Sottto Carolina..........
T exas Ac P a cific.. . . . .
T ex. Sab. V. & X. W ..
ToL A Ohio C en tral..
Tol. Peoria & West'll
T ol. St. h . & K. City .
■ft abash........................
W. Ya. Cent. A Pius
* eat. N . Y. & P e n n ..
Wheel, At Lake Erie. -

S
1,625
29,223
97,708
48,437
28,542
13,000
19,496
723.974
104.994
47.149
32,048
28.190
196,600
9,177
80,250
73,830
1.681
291,000
1-40.356
77.380
32,710
17,245
78.000
470,158
3.187
73,186
58,602
115,243
857,000
56.7 IT
189.100
85,358

1893.

M ileage.

In crea se or
D ecrea se. 1894.

2,842
34,396
140,251
73.460
30,929
14,929
22.841
765.630
133,300
51,610
32,360
48,751
214,500
8,895
96.047
123,524
1,852
369,000
158.S33
76,301
44.929
21,233
90,989
514,972
3.898
142,699
74,641
189.205
1,110,000
105.606
320,441
137,050

$
—1,217
25
25
—5,173
178
178
227
—42,543
227
77
—2-5,023
77
61
—2,387
61
112
—1,929
112
-3 .3 4 5
134
134
—41,706 2,178 2,173
—28,306
564
564
191
—4,461
191
—312
199
199
180
—20,561
172
529
—17,900
529
67
+ 282
67
445
-1 5 ,7 9 7
445
239
—49,694
239
20
—171
20
—73,000 1,223 1,223
248
—18,027
248
165
+1,079
165
—12,219
300
300
155
155
—3,988
270
270
—12,939
— 44,814 1,499 1,499
—711
38
38
—69,513
36 s
308
247
247
—16,039
451
451
—52,957
—253.000 1,935 1,880
155
155
—43.889
629
629
—131.341
-7 1 ,6 9 2
260
260

Total (129 roads). . 36,581.050 14,343,051 —7,782,001 98.953 96.531
* F or three weeks only.
I F or flve week* ended June 2.
! F or fou r week* ended May 20.
a Inetodea Ohio it Mississippi fur both rears.
b These figure* lack the last day o f the month ia each year.

1894.

1393.

8
S
Jktch, T op, Sc S.Pe S y iu - 12.590,254 15.816,070
SL L h tk Fran, fly#..
3,002 590
3,516,185
Bait. A O. Southwest «
2,456,159
2,771.910
MrnmtMMtmm Ac Atlantic
0,162
14.808
B rooklyn EievwMd 1, —.
787.4 ».»
839,523
Bmr. tfaeh. A P itw oiit*.
965.053
1.352,36-1
Burl. CetL Rap. as N o ...
1,488,629
1,504,107
6,641,597
7,504,124
19,1,56
21.019
71,582
67,675
Cfcarteotoa O n . A CWw.
70,346
Char. Sumter A N orth's
73*298
A G i l o .. . . .
3.418,295
4.106,310
Chle. A Rant's llltool*.
1,304.254
1,758,106
Clde» G im t W w ie ra . ...
1,412,267
1,717,506
Chle. Mllw. A BL Pam .. 11,294,35 i 13,3 5,39 <
875,: 0 4
Chle* Fee. & &%*
,
479,315
Chic. Ksek. t*i. a Pu.' ..
8,809,110
7,277,391
C hic. Ac W eal M ichigan,
608*882
777,861
2.5, §90
Fill. O w r< . & P'-rtifu’ Ui
*25,846
01a. j m k m a Sc Mm:Sc.,
245.534
284*920
03,188
Clan. Parti*. St Virginia.
104,68s
OGtamhm Sc
3,900
5,500
d a r e * A lfo a * Cfc>t,
33 4,408
379,240
4,893,01 X 5,404,833
8.855
53,429
Dstar. A Rio Grande___
3,532; 829
2 ,8 2 6 /9 0
Ihst, La
M m m fi*.
411,853
491,705
l»al. So. Shore A AH ..
560,389
791,420
Fast X eaa.Y a, A <i* . .
2,128,8.57
2,426,931
Elgin Joliet A K «»t.......
436.510
393*122
Kvan*v. A Indiana, oil*
109,802
149,511
43.313
50,6 42
E v a o sr.A I'-rt*. Huute
440,3
502,536
Flint <l Pem Mara tie t i e .
1.017,007
1,234,09}
Fla. Cent, A Peninsular,
1,047,790
706,842
Ft. Wartil Ac Um Grande
104.895
162,409
Gadsden A A ta lu C o ..
2.006
4,39579*773
530,001
Oa.
Ac F lo rid a ..
354
344,710
Gr. Rapids Si In d ian a...
733,570
955.958
<Xa. Mteb.de Ft,Wayne.
14*8,121
197,383
25,372
M m * Gr. £L At l a d .___
38.481
62,095
Or. Trank o f C an ad a'..
7,765,877
7,063,838
Chle. A O r.T ra n k t. . . .
1,223,830
1,463.631
Dot. tie. II. A M ltw .t..
3iti.ini-' * 442,238
G n at Vor. St. V. M.A )1
3.397,219
4,004,523
Eaateru o f Minnesota.
327,17*2
361,710
485,043
518.3.13
17,825
17.M 5
Bo«*<K> Tan, A W iim. .,
1 4.3U
14,290
Hotneoton A ShenaaTB
47,800
54,033
rillnoti C o n t r a ! ..............
7,205,781
7,948,425
iDtereceanie i S l t s .i ...:
Iow a Central-.................
Kanawha A M ic h ig a n ..
Kan. City Clin. * S p r ...
Kansas C. Ft. 8.A M ein..
Kan. City Mem. * Bir.
Kan. City Pitt*. A Gulf
Kansas City Sub. B elt..
Kan. City Wy. A S . VV. ,
Kan. City Sc B eatrice.
JU Erie A lliance A S o ...
Lake E r ie <%W estern,..
Lebfieh Haddoa H irer
lU m im , Bfmiia1?. At St, L
Kontrrtlir A N a s h v i l l e . .
Is/ular .V. Alb. A C h ic..
Jtemisyffla Bmit.hf5.eti. . .
Lop ter, git. 1,, At TexiM-.
Maron 4 Birmingham..

098,786
707,220
1 7 470
141,400
1 16,064
1,574,905
414,260
173. <43
84,555
131.830
4.8*1
151,235
28.976
1.235,777
157,765
1,363.637
581,271
7,67 i,f4 5
1,«>42.8 .0
247,662
150,534
30,139

922.288
749.359
17.480
143,727
112,637
1.902,230
451,571
36,482
83,168
134.265
5.791
154,100
31.475
1,493,277
221,127
1.415,973
741,48”
9,004,887
1,209,083
292,792
241,850
28,313

In crea se. Decrease.

$

3,837

MempM3 <fc Charleston.

Minneapolis & St. Louis
Missouri K . & T es. sys..
Mo. Pacific & Iron M6..
Mobile & B irm ingham ..
MODterey A Mex. Gulf.
Nashv.Ohat.& St. Louis.
N. Orleans & Southern.
NT. Y. Cent. & Hnd. R iv ..
S.Y. Ontario A W est’n ..

Peoria Dec. & E v a u sv ..
Pittsb. Marion & C hic..
Pittsb. 8hen. <fc L. Erie.
Pittsburg & W estern—
Pittsb. Cleve. A T o l..
Pittsb. Paines.® F’p tPort Royal & Augusta..
Quincy Omaha & K . C ..
Richmond Ac D an v ille..
Char. Col. A A u g .......
Columbia & G reenv...
Rio Grande Southern...
Rio Grande Western___
Sag. Tuscola & H uron..
3t. Jos. Sc Grand Island.
St. L. Alt.cfe T.H.RrtehsSt. L. Kennett Sc South,.
3t. Louis Southwestern.
3an Fran. & No. Paul tic.
Savan. Amer. & M ont..
Sherman Sbreve. A S o ..

GROSS EARNINGS FROM JA N U A R Y X TO M AY 3t.
S a m e o f R oad.

N a m e o f R oad.

1893.

s
3 255 118
315.731
5,146
72,030
387,811
74.478
927,527
1,863

2,952
088,035
454.232
305,299
2,011,04 >
........
104,022
408,281
........
171,799
4!
29,392
............
11,430
1,597
43,832
............
571,822
*2 2-0
1,9 41
1,006,139
69.852
225,039
293,082
43,391
39,729
........
13,329
56,151
- ..........
221.097
340,948
57.514
........
1,792
43,712
9,560
....... ..
223.3S8
49.259
4,623
23,614
. . . ..
701.139
239,101
............
57,170
............
1,287.304
41,538
63,290
200
18
6,233
742,644

Tex. Sabine VaJ *>;w .
Toledo & Ohio Central..
Toledo Peoria & West’n.
I’ol. St. L. A Kan. City..
West Va.Cent. A pittsb.
W#st N Y. At Pa . . . .
Wheeling A Lake E r ie ..

21017
1894.

1893.

$
$
20,216
58,158
520,282:
636,784
3,581,34.0
3,364,787
1,758,894
i;87 + S 3 9
1,334,308
1,350;886
652,532
693,161
3,566,940
3,829,953
9,182,308 10,805,885
109,002
121,26L
1,407,097
1,344,946
475,691
'451,570
1,901,250
2,075,100
42,239
55,102
16,300,443 18,473,507
1,431,783
1,356,427
4,191,272
3,851,818
5,247,355
?;749,898
307,630
246.979
294,804
243,734
317,238
358,841
13,724
16,354
137,427
152,634
481,024
576,242
240,573
321,114
113,071
100,909
127,129
132,275
91,338
109,416
3,494,111
3,717,962
788,731
737,158
275,860
277,197
244,976
228,228
129,622
251.781
892,072
787,288
42,691
46,573
396,550
510,738
653,222
529,016
11,166
11.966
2,031,920
1,684,191
499,933
670,857
307,260
236,986
175,095
220,818
108,504
111,333
519,639
597,854
2,520.034
2*826,729
17,931
22,079
561,294
821,329
339,572
380,46U
535,664
729,9 U
4,505,662
5,322,060
455,421
372,560
2,091,952
1,480,005
601.409
463,298

Total (129 roads)----- 181,660,003 211,394.392
S et d*ereasB..................

In crea se.

D ecrease .

$

*
37,942
116,502

216,553

24,124

...
____
......
16,748

3,329

.

...

120,945
16,578
40;629
263,013
1,623,577
12,25962,151
173,850'
12,923
2,173,064
75,356
339,454
2,502,543
60,701
51,070
41,603
2,630
15,207
95,218
80,541
12,162
5,146
18,078
223,851
51,573
1,327
122,159
104,784
3,882
114,233
124,206
800
397,729
170,924
20,274
45,723
73,215
306,695
4,148
260,035
40.888
194,250
816,398
82,861
388,053
13^,111

892,403130620792
29728389

* For three weeks only ot May.
f To Juno 2.
{ To .May 26.
a Includes Ohio A Mississippi fo r both years.
b These iigures la ck the last day o f May in eaoh year.

,

76,408
........
703
3,427
81,481
1,389

42,130
236
327,325
40.3U3
2,435
910

. . . . ___
............

2,805
4.499
257,500
63.362
52,336
160,216
226.253
45.L30
85,316

3,826

THE

CONGO A G R E E M E N T A N D
A F R IC A N D IF F IC U L T Y .

A

NEW

Among the events o ' the week some of the more im ­
portant have been direstly connected with A frica. The
arrangement come to bitweea Great Britain and K in g
Leopold of Belgium, as sovereign of the Congo Free
State, continues to be a causa of very considerable irrita­
tion ia Fr trice, and especially in French colonial circles.,
For the moment, however, the general public mind has
four.d larger occupation in the unexpected death of the
■Sultan of -Morocco. The death of the Sultan and the
Congo agreement are of the greater consequence that
both are liable to prove disturbing elements in general
European politics. The himger for African territory
which manifested itself so fiercely some few years ago,
and which seemed to have abated, has been revived in
appearance at least; and the jealousies of the European
Powers have added an element of bitterness to the*
scramble. I f Morocco shall succeed in settling her
own aSairs without the necessity of interference from
without, there is the less to fear in that quarter. But if
civil war should necessitate intervention, occupation
and partition, with all their attendant troubles, may
be regarded almost as certainties.
However events may shape them3elve3 in M orocco,
the difficulty which has arisen in Central Africa and
through this new Anglo-Belgian arrangement, is not
likely to be got over without a good deal of diplomatic
fencing, and possibly not without the aid of a Court o f
Arbitration, In itself the actual cause of trouble is a,
matter of comparatively trifling importance. In the
arrangement which was entered into some few years ago
when a sort of partition was made of African territory,

l-,1018

THE CHRONICLE,

so muoh being set apart for Great Britain, so much
for Germany, so much for France, so much for Italy,
and bo much for the Congo Free State, Great Britain
either found it impossible or was lax in her efforts to
secure what it had been confidently expected she would
secure, a broad and continuous tract of land from Cape
Tow n in the south to Cairo and Alexandria
in the north. The arrangement which has been com ­
pleted between Great Britain and the sovereign of the
Congo Free State accomplishes what was then left
undone or rectifies the mistake then committed.
Since the original arrangement was made, up until the
present, all communication between British possessions
in the southern half of the Continent and the British
sphere of influence in East Central A frica was c o m ­
pletely cut off by the Congo Free State and German
East Africa, these territories occupying between them
the entire central breadth of the Continent. The new
or rectified arrangement opens up this desired way
o f communication, the necessary territory having
been obtained by lease not from Germany but from
the Congo State.
The nature of the agreement will best be understood
if reference is made to some of the terms of the treaty
signed at Brussels last month by the representatives of
the British Government and of the Congo State.
Article I II of the new agreement reads as follows: The
Independent Congo State grants under lease to Great
Britain, to be administered when occupied under the
conditions and for the period hereafter determined, a
strip of territory 25 kilometres in breadth, extending
from the most northerly post on Lake Tanganyika,
which is included in it, to the most southerly point on
Lake Albert Edward. Under the same conditions
Great Britain in another article grants a lease to the
sovereign of the Independent Congo State of all the ter­
ritories bounded by a line starting from a point situ­
ated on the west shore of Lake Albert, immediately to
the south of Mahagi, thence following the watershed
between the Congo and the Nile in a northerly and
northwesterly direction. This mutual arrangement is
to last during the reign of His Majesty Leopold II.
sovereign of the Independent Congo State, and at the
expiration of his reign, with some important modifica­
tions, which cannot be given here in detail, “ so long as
the Congo territories as an independent State or as a
Belgian colony shall remain under the sovereignty of
his successors.” Great Britain recognizes that she does
not “ seek to acquire any political rights in the strip of
territory granted to her on lease between Lake Tan­
ganyika and Lake Albert Edward other than those
which are in conformity with the present agreement;”
and K in g Leopold makes a similar recognition with
regard to the territories ceded to him in the Nile Basin.
Permission is given the British Government or to any
company authorized by the British Government to
■construct through Congo territory a line of telegraph
connecting the British territories in South Africa with
the British sphere of influence on the N ile, providing
that the Congo State shall have facilities for connect­
ing the line with its own system. Mr. Rhodes,
it will be seen, will thus have ample scope for
carrying out his Trans-Continental Telegraph scheme.
Altogether, looked at without
prejudice, there
is nothing in the arrangement which ought to
be offensive or disagreeable to the other Powers who
nave claims on Central African Territory. It has the
appearance of being a very harmless and natural
attempt at the rectification of frontiers.

[Vol.LVIIL

As has been mentioned above, France has taken the
matter very seriously ; and, as many think, public sen­
timent has become unnecessarily sore on the subject.
Some of the French papers nave gone so far as to call
it a perfidious arrangement wantonly made for the
injury of French interests. The French Minister for
Foreign Affairs has produced documents which cover
African treaty arrangements from 1884 up until the
present time to show that, in Eastern Africa and in
Central Africa alike, Great Britain has assumed rights
to which she had no just claim, and has distributed
territory and made treaties, at her own will, when she
ought to have consulted the other Powers. It is note­
worthy that the other Powers do not take the matter
so seriously as France. Germany has had far stronger
grounds of complaint than France, on account of this
Anglo-Belgian agreement.
It has been seen that in
securing a continuous line of communication between
the British possessions in South Africa and the
British sphere of influence more to the north, territory
must be obtained either from the Independent Congo
State or from Germany. The territory having been
obtained from the former, Germany is brought face to
face with Great Britain, by far the most aggressive
power, at present, in Africa, and also for various rea­
sons the most necessitous. Collision with the Inde­
pendent Congo State wa3 not to be apprehended. Col­
lision with Great Britain may not be regarded as at all
to be greatly dreaded.
But the presence of a strong
and aggressive power like Great Britain is always a re­
straint; and Germany may feel her movements some­
what hindered.
But Germany has so far shown no
special concern about the matter. There have been re­
marks in some of the newspapers, but not a word from
the Government.
That France should show so much
irritation in the premises it may not be difficult to ex­
plain. To justify it might not be so easy. It is noto­
rious that France had never any claim or title to the
territory leased to Great Britain by the Congo State.
There is no evidence that any French soldier has ever
assumed to take possession of the special region. Such
occupation as has been effected was done by the Congo
State.
The territory which has been handed over in
lease by the one party and the other was legitimately
the property of the respective lessors.
But French
ambition, although it had accomplished nothing,
pointed in that particular direction; and now that this
ambition is effectually checked there is mortification of
feeling.
This, however, is not the only cause— nor is it the
principal 'cause— of French irritation.
Since the
British Government decided to keep Uganda it has
attached more importance to the southern provinces of
E gypt; and evidence is not wanting that it is prepared
when the proper time comes to reclaim for the Khedive
the entire Upper Nile region. The British flag floats
at Wadelai; and Captain Baert is in occupation o f
Lado and of other stations between the watershed of
the Congo and the Nile Valley. W orking in a friendly
way and more or les3 for a common purpose, British
and Belgian influence will help to determine the fate
of those regions. The new treaty does not encourage
the hope which the French indulge that the British
will soon find it convenient to evacuate Egypt. This
is the sore-point. It remains to be seen how far the
present state of feeling against the British will carry
the French Government and people. A demand may
be made for a conference or a court of arbitration. It
is doubtful whether the British Government is in a

THE CHRONICLE.

Jfne 18, 1894.]

101#

mood to submit the points at issue to any court and it
S t o c k E x c h a n g e C l e a r i n g -H o u s e T r a n s a c t io n s . — T h e
is problematical whether any impartial tribunal would subjoined statement includes the transactions of the Stock
Exchange Clearing-House from June 4 down to and include
alter the situation.
ing Friday, June 15 ; also the aggregates for January to May?
inclusive, 1S94 and 1893.

IMPORTS AND EXPORTS FOR MAY.

STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.
"m
,— Shares, both sides.—, .— — Balances, one side.— . Sheet#
Cleared. Total Value. Shares. Value Shares. Cash, Clear'd,
Sionth—
$
$
$

The Bureau of Statistics has issued a detailed statement of
the foreign commerce of the country for the month of May,
1S94 and 1893, and for the eleven months ending May 31 in
1893-9! and 189*2-93, as follows :
M E R C H A N D IS E .

May.
11 mos. end. Mm/31.
189-1,--E x p orts—D om e*! ic . . . . . . . . . . . . $59,068,469
$813,675,567
Foreign................. . . .
2,099,835
2 1,0*8,623
T otal...................................
Im ports—Free at -luiy----- .. . $33,708,023
lia tia b le..............
T ota l.................................

$834,764,190
$349,375,985
253,774,846
$603,150,831

Exv*<« o f export*............................

$231,613,359

1893.—Export*—Domeette............
Foreign............... . . . .

2,426,308

T ota l........... ........... ......... . . . . $68,955,348
I m p o r w - Freo o f du ty— . . . $40,517,590
Im tlab le........ . . . . . 35,437,644
T ota l— ...........................

$767,565,415
14,653,210
$782,218,625
$407,055,307
389,651,071
$796,706,378

Exes** o f im port*........................... . . . $6,999,896
OOU».

$14,487,753

1884.—E xport#..............................
#27,106.801
im port*...................... ..............
4.282.748

853,897,841
71,545,771

E i w i o f export# .....................................$23,124,058
E x m » i o f im port*..................................
. ...........
1893.—Export# ....................
$18,014,317
Im port*.......................................
1,708,557

$17,847,930
$105,969,618
20,164,699

E ire** o f e x p o r t* ..................................... $15,205,760

$35,804,919

1804.—E x p o r t * ....... ............................... #3,769,379
Im port*..........................................
731,752

$47,069,221
12,517,499

Xxoeo* o f export*.................................... #2.187,627
1893.—E xport*...................
$3,065,130
im port*.................
1.772,232

$34,551,722
$38,720,925
21,607,112

i M H M t export*..................................

$15,113,783

LEGAL

TENDERS

3 ,0 0 0 ,0 0 0
2 .5 8 7 .9 0 0
2 .7 0 3 .8 0 0
2 .3 1 1 .8 0 0
2 ,8 6 9 ,5 0 0
1 3 ,4 7 2 ,5 0 0

/— Shares, both sides.—>
Cleared. Total Value.
S'
June 4 .. 776,100 53.100,000
5 .. 751,200 49,500,000
6 .. 675.600 51,500,000
7 .. 781,700 55,600,000
8 .. 738,800 48,000,000

-------- Balances, one side.-------- , Sheets3
Shares. Value Shares. Gash.Olear’ d.
$
$
64.300 2,500,000 109,000
30S
53,700 3,600,000 75,900
294
51,800 3,700,000 77,700
288
66,000 4,300,000 89,900
812
69,500 4,100,000 76,100
299

Tot. W L .3,723,400 257,700,000
WMa8tyr3.955.200 243,900,000
Jane 11. 948.000 64.100.000
12. 682,200 47.600.000
13. 569.000 43.300.000
14. 517,300 36.800.000
15. 809,200 69.200.000

310.300 18,200,000 342,200 1,498
366.300 19,400,000 323,300 1,464
84,400 5,300,000 121,900
319
52,900 3,200,000 59,100
299
46.100 3,000,000 45,000
285
41.200 2,900,000 60,500
286
69.200 4,700,000 181,500
308

Tot. w k „ 3,525,700 211,000,000
Wklastyro,325,600 333,330,000

297,100 19,100,000 468,000 1,497
508,450 30,296,400 540,700 1,499

1 ,3 5 4 ,0 0 0
1 ,0 3 5 ,4 0 0
1 .4 5 2 . LOO
1 .3 8 4 .3 0 0
1 ,5 5 1 ,1 0 0
6 .7 7 6 .9 0 0

2 1 0 ,7 0 0 ,0 0 0 3 ,3 0 0 ,5 0 0
1 7 2 ,7 0 1 ,0 0 0 3 .5 2 9 ;0 0 0
1 6 7 ,9 0 0 ,0 0 0 3 ,7 8 4 ,1 0 0
1 5 3 .3 0 0 ,0 0 0 2 ,3 3 1 ,0 0 0
1 6 1 ,1 1 0 .0 0 0 4 ,8 7 0 ,1 0 0
8 6 5 ,7 1 1 ,0 0 0 1 7 ,8 1 4 ,7 0 0

6 ,8 3 9
6 ,1 5 1
7 ,0 8 0
6 ,0 0 5
7 ,2 0 0
3 8 ,£ 7 5

0 9 ,1 0 0 .0 0 0
5 6 ,2 0 0 ,0 0 0
8 L .8 0 \ O 0 0
7 7 .2 0 0 .0 0 0
9 1 ,7 0 0 .0 0 0
3 7 6 ,0 0 0 ,0 0 0

6 ,8 3 0
5 ,5 9 8
6 ,5 8 1
0 ,4 0 1
0 ,8 8 9
3 2 ,1 0 8

2 ,0 4 1 ,0 0 0
1 ,3 9 6 ,9 0 0
1 ,9 2 8 ,7 0 0
1 ,4 1 8 ,9 0 0
1 ,9 3 8 ,5 0 0
8 ,7 2 4 ,0 0 0

The stocks cleared now are American Cotton Oil common^
Sugar common, Atchison, Chicago Burlington &
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com­
mon, Chicago & Northwestern, common, Chicago Rock Island
& Pacific, Delaware Lackawanna & Western, Distilling &
Cattle Feeding, General Electric, Lake Shore & Michigan
Southern, Louisville & Nashville, Manhattan, Missouri
Pacific, New York Central, New York & New England, New
Fork Lake Erie & Western, Northern Pacific preferred.
National Lead common, PhiladelDhia & Reading, Union Pa­
cific and Western Union.
^

.........
American

S IL T **.

31,293,258

J a n ., 3 8 9 3 . 2 8 ,5 4 4 ,5 0 0 2 .0 6 4 ,7 0 9 .0 0 0
Feb., 1 8 9 3 . 2 5 ,1 0 8 ,9 0 0 1 ,7 4 4 ,4 0 0 ,0 0 0
M a r ., 1 8 9 3 . 2 4 ,5 9 1 ,1 0 0 1 ,6 9 0 ,0 0 0 ,0 0 0
A p r ., 1 8 9 3 . 2 0 .8 0 2 .6 0 0 1 .4 2 1 .3 0 0 ,0 0 0
M a y . 1 8 9 3 . 2 8 ,2 0 9 ,5 0 0 1 ,7 3 8 ,9 0 0 ,0 0 0
5 m o s . . . . 1 2 7 ,2 5 6 .5 0 0 8 ,6 5 9 ,3 0 9 .0 0 0
J a n . , 1 8 9 4 . 1 8 ,3 6 3 ,0 0 0 1 ,0 8 8 .6 0 0 .0 0 0
Feb., 1 8 9 4 . 1 2 ,8 1 7 ,6 0 0
7 ^ 4 ,3 0 0 ,0 0 0
M a r ., 1 8 9 4 . 1 6 ,9 1 2 ,9 0 0 1 ,0 7 6 .4 4 1 .0 0 0
A p r ., 1 8 9 4 . 1 4 ,7 2 8 ,0 0 0
8 6 8 ,7 0 0 ,0 0 0
M a y , 1 8 9 4 . 1 9 .1 4 0 ,8 0 0 L 2 5 0 ,3 0 0 ,0 0 0
5 m o s . . . . 8 1 .9 9 2 ,3 0 0 5 ,0 1 8 ,8 4 1 ,0 0 0

VERSUS SILVER

C E R T IF IC A TES.
In the follow ing letter Mr. George S. Coe discusses the
proposition to substitute legal-tender notes for silver certify
kales. Mr. Coe's high reputation as a writer on financial
matter! commands attention for whatever he has to m y , and
hi* views in this install-e w ill no doubt interest many of our
reader*:
N e w Yoke , June 18, 1894,

3". Y . :
D ear S ir : 1 have read, as you r iuesU-1. the letter o f Mr,
Biwail recommending an issue oi “ legal-tender notes to an
amount sufficient to redeem and cancel the silver certificates
and Treasury notes and for retirement o f gold certificates,”
I can only rut in reply that this seefa* to me neither more nor
less than a plan to convert our whole national debt into the
permanent f o t t a of flat or greenback notes, perpetually re­
deemable, and therefore necessarily re issuable for ail time to
com e.
*
*
*
*
*
Governments have certainly no creative power more than
have individuals. Numbers cannot change their essential
character. Be they few or many, they can supply their needs
only by borrowing from those who have first secured to chemMtves the independent capital, and therefore have it to lend
to other*. Read capital is an existing fact. It cannot be com ­
manded into being by any human power because it is aloae
the product of antecedent industry. The only result o f creat­
ing fictitious debt must be to deceive the public by enabling
them thought!* -sly to expend what they do not possess, thus
impoverishing the nation to a degree certain to end in many
time# the cost o f toe name amount of capital legitimately bor­
row ed with mt* rest upon its value.
*
*
*
The truth is, our national obligations in the diverse forms
of currency existing already exceed every legitimate demand.
They have grown t ito exc- j-iv e magnitude and variety, car­
ried, if we carefully study their inevitable results, at tne ut­
most cow, to the country.
It is not more currency but
greater econom y that we need—economy restricted by real
ability. It •ould be infinitely better, and in the end cheaper,
to recognim every ooligatioa of the Government based upon
ftui vat-!-- reto ived for value given than to prolong the pres­
ent ptoceiM » f waste and destruction.
I •annot ih-r* ; ,r> sec any good result in Mr. El well 8 sug­
gest! in . If you think it necessary to call the Finance O juim i'tc* together t >consider it more niiturely, please do so. A s
advised at present, I do not.
Yours truly,
Q f x r r g >■ W i l s o n , E v j , , & r r , t a r y C h a i n h w - o f C o m m e r c e ,

Signed G, S. C o e ,

1
Chairman of the Finance Oominittee^of the Chamber of
I Commeree.

H I on ctiivijgLConinievctaXMiifiUsTxpcws
|From our own eorrespoodent.J

L on d o n , Saturday, June 2, 1894.
During the week ended Wednesday night gold amounting
to FI ,887,000 was sent into the Bank of England, raising the
! total stock to somewhat over 36 millions sterling. The largest
j amount ever before held was under 35% millions sterling, so
that the present holding exceeds the largest in the past by
considerably more than a quarter of a million sterling. And
■ the metal is still pouring in in large quantities from all parts
j of the world. India is now sending considerable amounts,
|
Arrangements have been made in Bombay to ship during the
present month over half a million sterling ; and bankers in
Bombay, in a good position to judge, estimate that the ship­
ments for some months to come will be larger still. Every­
thing, therefore, points to a long period of abundant and
cheap money. Short loans in fact are being freely made at
% per cent, and the discount rate in the open market is barely
% per cent. It should be added that the reserve of the Bank
of England is now very nearly 28 millions sterling, which is
by far the largest reserve ever held. It is worthy of notice
that while the total note issue of the bank exceeds SO millions
sterling, the actual amount of notes in circulation is under &
millions sterling, so that more than half the notes in issue t
held by the Bank.
<eek ^
The India Council was again very successful this £en<jer B0
the sale of its drafts. On Wednesday ^ ^ e r ^ ' per
<
lakhs, and sold the whole amour;
over 21 lakhs at
Later in the day it sold by s p e c i f to lfJ> % M 6d_ per
e>
prices ranging from Is. 0 l M ^ week to Wednesd
eveu_
From Wednesday morning of|old altogether about2 croreSj or
mg of this week the Council/pcmriDg out o f g0 much money
20 millions of rupees. T h e t j ^ j ndj an money market, and
from the treasuries has das^engal reduoed its rate of discount
on Thursday the Bank o f ^
xhe Bank o f Bombay low ered
from 7 pi r cent to 6 p e r g per cent, Trade in India is very
its rate from 9 per a e n t L approaching the end o f the export
slack, and we are n o j probabiijty js that the market will ease
season, Therefore the eaia]ad for Council drafts w ill fall o ff
further and that the d Xp0rt3 0f gold should be on as large a
unless o f course the ej

l THE - CHRONICLE.

1020

LVII1,

[VOL.

scale as is expected. There is no demand for the moment for
The following return shows the position of the Bank of
silver in India, and the Chinese demand is small. The price England, the Bank rate of discount, the price o f consols, &o.,
therefore is fluctuating between 28J^d. and 28}-£d. per ounce. compared with the last three years:
ISO*.
1893.
1892.
1891.
Owing to the serious fall in the prices of commodities,
M a y 31.
M a y 31.
J u n e 1.
J u n e 3.
£
£
£
mainly due to the decline in the American demand for our
£
ircu lation.......................................... 21,914,970 26,904.430
26.235,155
25,021,000
goods, some of the large manufacturing houses in Bradford CPublic
d e p o s it s ..............................
8.735.044
7,198,584
6,462 719
6,284,007
are in difficulties. There have been two failures already,
Other d e p o s its .............................
81.534,45130,312,685
29,607,403
33,334,799
9,894.422
11,208.101
11.255,920
9,941.805
third house has received assistance, and it is now hoped will G overn m en t s e c u r it ie s . ..
20,298.471
Other s e c u r itie s .,
28,470,974
26,523,307
29,942,201
be able to permanently arrange its affairs. A fourth bouse is R eserve o f n otes and c o in ........... 27,927,910 15,647,318 10,125,611 17,060,590
a good deal talked of. There are also difficulties in Dundee, Coin & bullion, b oth depa rtm ’ts 30,012,880 26,101,748 25,910,766 20,231,596
08^
41>6
4m
44*6
but the belief is that those will be arranged and that already Prop, reserve t o lia b ilities, .p. c.
2
Bank ra te......................... per cen t.
4
2
4 (June 4)
a turn for the better has come. In Belfast a large house Oonsols, 2 % per c e n t ..................... 101%
99 5-10
97 l-1 0 xd . 94 13-16x4
37*4
40 7-10
which is interested both in the linen trade and in distilling Silver.................................................. 28 5-10
41%
has had to arrange with its creditors. There are complaints Clearing H o u se retu rn s................ 122,082,000 139,787,000 150.205.000 145.138,00 0
Messrs. Pixley & Abell write as follows under date o f
in Lancashire likewise that owing to the fall in exchange
Indian orders have ceased for some time past, and that unless May 31:
Gold.—Large amounts o f gold liave arrived, the amounts from N ew
there is an alteration for the better soon, it will be necessary York
being particularly heavy, but failing all demand, the B ank o f
England
has received every arrival. The total during the week is
either to work short-time or to reduce wages.
£ L,049,000; £50,000 has been sent to Buenos Ayres. A rrivals: India,
Business on the Stock Exchange continues exceedingly £3 6,00 0; West Indies, £ 8 5 ,0 0 0 ; Australia, £189,000; New York,
00; Cape, £202,000. Total, £ ,122,000.
stagnant. The investing public is confining its purchases to £6S10,0
ilv er—The weakness w e n oticed last week did not continue, and,
the very best securities. Consols are now 1 0 1 ; 2% percents under the influence o f orders, both fo r China and Japan, the market
quickly rose to 2 8 5sd. Selling orders thea prevailed, and, with veryare 100%; .British railway preference and debenture stock8 slack inquiry since then, the market has receded to 285, d., the price
to
day. A rrivals: New York, £ 1 2 9 ,U00; Cape, £4,000; West Indies,
are at unprecedented prices, and there has been a marked rise £9,000.
Total, £142,000. Shipments : China, &c.. £ 150,000; May 25,
Bombay,
£1 4,10 0; China, £ 1 5 0 ,5 1 0 ; Japan, £58,500.
in Colonial stocks likewise. Even the ordinary stocks o
M exican Dollars.—But few dealings have taken place in these coin,
British railways are unusually high, but outside of these but the premium seems w ell maintained. Price to-day, 29d. A rrivals :
specially favored securities there is hardly anything doing New York, £17,000; Vera Cruz, £24,000. Shioments to Penang,
£14,000.
Speculation is quite paralyzed. In the long run of course the
The following shows the imports of cereal produce into the
extreme cheapness of money must revive business; but for United Kingdom during the thirty-nine weeks of the season
the time being everybody is afraid to engage in new risks compared with previous seasons:
IMPOSTS.
because of the currency crisis in India, the large shipments of
1893-94.
1892-93.
1891-92.
1890-91.
gold from New York and the extreme highness of the Argen Im portsofw heat.cw t.45,023,655
44,781,994 48,977.298 41,983,933
*
25,028,628
---------------- 13,423,649 14.740,266 14,022,106
tine gold premium. The premium at one time this week rose ~B arley.....................
Oats.............................. 9,704.204
9,845,219 10,516,812 10,928.517
to 331 per cent, it has since gone down to 306 per cent. The Peas.............................. 1,893,388 1,685,435 2, >03,4 60 1,583,557
Beans........................... 3,968,445
3,226,319
2,808, 95
2.271,270
.Government finds it difficult to make the remittances to Indian
c o r n ................ 26,112,207 22,875,327 21,116,810 20,833,040
Europe which are required, and it is believed speculators took F lou r........................... 14,451,246 15.725.193 15,132,097 12,526,236
Supplies available for consumption (exclusive of stocks on
advantage of this circumstance to corner the gold market
Furthermore, the low prices of commodities and the damag September 1):
1892-93.
1893-94.
1891-92.
1890-91.
done by drought have inflicted great losses upon the farmers
Wheat............ ...c w t . 45,023,655 44,781,994 48,977,298 41,983,933
15.725.193
Imports
o
f
flour.........14,451,246
15,132,097
12,526,236
and numerous failures are reported amongst merchants and 8ales o f hom e-grow n.18,023,325
21,440,258 25,466,951 30,159,034
members of the Stock Exchange.
T o t a l.................. 77,498,226 81,947,445 89,576,346 84,669,203
Upon the Continent business is as slack as here at home
1893-4.
1892-3.
1891-2.
1890-1.
The crisis in Spain is deepening, and though it is now hoped Aver, price wheat week.24s.
4d.
27s. 6 1.
3 Is. 2d.
40s. I d .
349. 7a.
34s. I d .
that the Italian budget will be passed, there is no sign of any Average price, season ..2 5s. 8d« 26s. 8d.
improvement in Italy. The change of Ministry in France, the
The following shows the quantities of wheat, flour and
co u p d'eta t in Servia and the fall of M, Samboloff in Bulgaria maize afloat to the United Kingdom:
week.
Last week.
1893.
1892.
have induced political anxieties and so deepened the depres Wheat................. qrs. This
3,760,000 3,696,OuO
3,466,000
2.407,000
312.000
327,000
32 2,000
293,000
sion which had already existed. The embarrassments % Flour, equal to qrs.
M a iz e ................qrs.
585,000
630,000
568,000
321,000
Australia are as great as ever. Americans have not been
JEnglisU F in an cial Jlarltet?*—Per Cable.
buying wool for nearly twelve months now and prices conse
The daily closing quotations for securities, &c,, at London
quently are unusually low, while the depression in the whea'
»re reported by cable a3 follows for the week ending June 15 :
trade is so great that it is reported much land in Australia i*
going out of cultivation. This week Argentine wheat hag
London.
Mon.
Sat.
Tues.
Wed. Thun.
iW .
been sold in London at 18s. a quarter—the lowest price ever
28%
Silver, per o x . . . ............d 28%
28%
28%
28%
28%
xecorded.
0uaeoi8,new,2K per ots. 101
1001=1$ 1001116 10 0 iaih i o n 18 ,101*4
Therates for money have been as follow s:
I n t e r e s t a llo w e d

Open Market B ates.
B a n k B ills .

London

T ra d e B ills .

F o u r | S ix
F our
T h ree
T h re e
S ix
M o n th s M o n th s 'M o n th s M o n th s M on th ? M o n th s

i M@ - | i « ® ® - 1*6® - l % ® - i«® - ji« ® 1 1-16®
1 iS, —|l2-10®
l 2 V
— L q % n-16-54 i \ m -

M&y*" |

June

1% ® 2
1H ® 1*6® IK ® *

1^@ 2
2 @ —
1H ® - 2 @ —
1% ® — 2 @ —

V 4 " '2

1%‘®2 1%®2

im > ik

D i s c ’ t //>»,
J o in t
A t 7 to 11
S to c k
B a n k s . CaU. D a ys.

-

im m

1
1

1
1
1
1
1
1

1
1
M
%

IK
1K
IK
IK
1
H

The B m k
„„
. r^fe if discount and open market rates at the
chief Continental cities'no
' v ,nd for the previous three weeks
have been as follows :
Rates of
Interest at
a r i s .. . ............

erlin.............
tlamburg.......
Frankfort......
Amsterdam...
Brussels .....
Vienna...........
6t. Petersburg
M a d r id .............

2°Penhagen...

J m e 1.

May 25.
Hans

O-poi
Rule. Mur^

1S-I6
m

2K
3
3

3
3%
1H
m
5
5

*K
3
4
5%
5
3K 1

IK
I%
1%
m
m
m
m
5
5
8K

May IS.
Bank Opcv
Bate ■ Markt.

do for aooount.........
Fr’oh rentes (in P aris)fr.
CT. 8. 4s o f 1907..............
Canadian P acific............
C io. Mil. & S t. P a u l....
Illinois C entral...............
L ik e Shore......................
L jiiiBville& N ashville..
M. }Xiean Central 4 s .......
X. Y. Central & Hudson.

100% 10U?8 ■01*8 101
10 H 16 101
100*55 100*55 100 60 100*55 100-75 100*80

64%
62%
93 %
135
46 '8
56*3
101
143*
do
2d eons............ 75
Norfolk & W estern, pref. . . . .
Northern Paoille p r e f... 17=8
P^rmsvlvania.................. 5038
Phil. & Read., per share
8%
Union Paoiho.............. .
16*4
WAbash p re f................... 16*4

63%
62*8
93*4
135
463q
56
100%
14%
75

65%
62
93*1
134
40%
56*s
100%
14%
75

17
50*4
8%
153*
15%

1634
50%
9
1534
15%

65*8
62*3
93*4
134*3
47*8
06*3
lt'O *3
14%
75

65%
G25$
93%
134%
47*3
57
100%
14»4
75*3

17%
50%
9*8
10
16

17*3
50*4
9
16
16

.

65%*J
62%
93%
134*3
47
57
100%
1334
75*3
16%
50%
8%
14%
16

Com m er cial and H itscrllatieoius Hum s

I mports and Exports for the W eek .—The following are
the imports at New York for the week ending for dry goods
June 7 and for the week ending for general merchandise
June 8 ; also totals since the beginning of the first week in
Bank Open
B ale. Market January.
May 11.

F O R E IG N IM P O R T S A T N E W T O R K .

s\
*jA
3
\
4
5
3%

m
m
m
in

2
1H
3K

l 5
1 5
f 3%

■IK
3
3
3
2K
8
4
5%
5
3H

i%
W
IK
IK
1Ji
S 5-16
5
5
3K

For Week.

1891.

1892.

1893.

1894.

$1,192,650
Dry G ood s.......
dlen’l mer’dise. * 6,889,145

*1,597,551
10,072,567

$8,081,804

$11,670,118

$10,217,370

$6,630,238

$54,768,104
188,470,539

$55,641,829
199,770,s21

$68,0^8,349
227,758,125

$38,818,892
156,201,777

T ota l..........
Since Jan. 1.
Dry G ood s...a .
vfen’l uier’dise.

$1,546,991
8,670,379

$867,242
5,762,996

Total 23 weeks. $243,238,643 *255,412,653 $295,736,474. ci9YO°O.Rf;9

Jt?NK 16, ISM.")

THE CHROmCLE,
ju u c s tm e u t

R oads .

WeekorM oI 1894.

JLXD

J l a i 1 r o a d I n t e ll ig e n c e *
The I.v y e s t o b s ' S u p p l e m e n t ^ a pam phlet o f 160pages, con,cun$ extended tables o f the Stocks and Bonds o f Railroads
and other Companies, with remarks and statistics concerning
the income, financial status, etc., o f each Company. It is
published on the last Saturday o f every other m onth-m iz
January. March, May. July, September and Movember, and~is
furnished Without extra charge to all regular subscribers o f
the C h r o n i c l e .
j
7 he General Quotations o f Stocks and Bonds, occupying six
pages o f the C h s o n i c l e , are published on the t h i r d S a t u r ­
d a y o f ea ch m o n th .

RAILROAD
Ho ads .

EARNINGS.

L atest E a rn in gt Reported.
Week o r Mo t

1894.

1893.

1021
Latest Earnings Reported.

Jan. 1 to Latest Late.
1894.

]

vm T

I
9
8
8
$
A d iro n d a ck ..... A p r i l ........
10.807
12 ,2311
53,,470
57,640
Ala. M idland.,.. March....... J
47,301
38,
151,,9-9;
126,013
Ailfurisesy Vai. April
* 170,250 230.,964!
,0221
659,,901 i
842,811
Anaap. W. A B.. \pril........ I
4,000
4,.085}
17,,3591
14,049
Ark. Midland.. . Aaril........ ?
0,013i
5, 233f
25,,444 j
28,030
A tclL T .A S .F e. litw k J vne ! 503,200 742, 56 8113,095,
520
16
,588,638
8 t. 1 . A San F Istw k J ’ne 133,7021 153, 584; 3,130,
3;,669,769
...
total... 1-twkJ’ne ■ 888,868 890, J52f 16,231,,2921
812 20,
',258,407
AU&m&&Chstr.a: Maxell
j 58,517
71,
430:
174
,9561
205,482
-Atlanta A W. F April
' 32,618
412*
159,,580;
148,427
A m lin A N'weftV March'
17,157
17*lH4[
5, , 100!
65,789
BJcO.EwitLlaes!aj*gj11. 11.. !' 1,212,345
1,572,!907i 4,887,.736
,958,329
Western Mum A pril,,
362,443 487,!9211 1,391,,670: ,004,404
T o t a l..* ..... A p ril..
[1*574,788 *2,070,:
6,279, 408! ,022,733
Bai, A bsm i' w„4 i
e k J 'ii6 : 108.503 126, 10
002j ,898.686
S a fe
thdt.fr .Sffi’ M ? At >ril.
1,553
1.! >67
0
6,928
A Ml
S t_ ...........
1,871
'96':
9,
14,808
Brooklyn B lur.. w k June a
35,000
192
895,379
B aa. Koch.AR!u *«f a k .I’m;
21,025'
70,898 i 986,078!
078 1 .423,20
Buffalo A Bubo. February ,
15.807
Bar.C. Rap. & * ■Itiiwk May 102,004
111,407!
1,488,279!
1,584.107
Vmmdt-uA A U ,. A p ril. .
190.341!
174,320
OanadJ m Faei a e l«$w kJ*ae
405,0001 6,958,59?! 7,974,124
ChtUsfoULGACtt, M arch .,...
5,57 41
4.585!
13,132
12,036
Oar. Midland__ May .........
2,713
10*156!
21,019
O satralof >*. J .. A p r il......
3,480,415! 4,532,601
O m tral Faol lie. April......... 1,117,180 1,164,473
1,154,3051 M9. *2 ■ 4,113,208
C e n tr a lo f0. (j,. M arch*....
30,645
10,7891
31,559
O lttr U a
M a y ,..,.. .
12,41*0;
10,523
71,502!
67,67
CHarl^sFR&sSaT. M a rch .....
65,234!
70,0381
214,629!
207,870
ClifcfvSa!».& No, Maf . . . . . . .
10.5001
9,300
Ghmttqm I,ak«,. A p ril” 1111:.
1
t.f>9f
12,103
10,3 US
Ohe.raw.4tJ>a.rj.. April* . . . . . j
1
•1,626!
31.813'
37,070
Ohr-*, & O M e ...
116,70 t 194,178! 3,535,055 4,300.808
d i e t , 0,au%*,w,
159,645 j 180,955?
6-18,003]
801,123
0 *1©; Bar. A N o.
128,03 4 270,5831 5 £6,587l
788,059
Chic. Bar. & u,
195.01 12,1*90,3i *0:10,280,374 i12,302,487
Ohlc.dk Bant. lit.
rk J ’sxe
47,17
7,851 j 1,351,429 1,840,337
Cal oa f o &. Brie.
178,415
5,55 li
735,074;
978,193
Chic. 4K. We*t*n I*t wkjr’ a*'
60 ,401
81,890
1,478,758 1.709,462
C bie,*tfL *8 t.P! I* tw k J v)>e! 584.876 713,914 11.879,229
14,019.307
O h io , 4 I f f th w* a .. M
,2,177,409 2,508,6'
8,958,429110,003,000
Ohic.Fco.AS.L... it
375,793
479,815
% xs
Chic, H k LA F ., ;ML„ .......... 1,376,774 \1,810,757;
6,809,1101 7,277,391
Cfcto.8fcP.M.JkO A p ril...
511,021 1 590,2161 2.269,919' 2,573,033
Chic, 4 W. Mica.. FAtwkJ *0«r.
24,006 ! 36.203
814,154
630,068
Cla. 6 a 4t Fori.*. M a y ... „ . , i
6,5201
5,072
25.890
25,846
OiSofc K ect. gotr! A p ril....
1,532:
1,307:
3,013
4,404
C l s J » « A M *©, :*i w k j Tier
8,768!
254,302
12,3301
297,402
C lo .H .O .A T I'. A
...p ril.......-1 2 ‘4!»,OOOi 321.379
1,322,335
1,145,000
Ala.Or.South. >,„■
.
100,000: 131,270
593,342
450,000!
N.OrL A H. E. April.
*
77,000j
387,000!
470,720
A l*. A Vieltsb. ■April. __ ! 34,0*K>j 103,060!
30,000[
188,846
171.000
Ytelrs. s r , A p A p ril. ,,..j
33,0001
34,0001
179,552
173.000
Erianger 8y»L April.
. f -41*.>,(>0(1: 031,858 2,332,000! 2,760,801
O n . Fort*. A V. m y
22,51.1
101,668
93,188
©at. St M sftri M'ay
5,506
1,157
3,009
<3ev.Akron&€<> ■>1 Wk Slav:
334,401
378,240
18.093
<JL CSb .O*,AB.U j AwkFfi*‘ .
5,131,940; 5.740,470
F©o. A Mumt'U
_ 137„00&j 141,013)
384,840
364.225!
Col. Kcwh. A I. B areh___
90
a rch .....!
27,742
Coh H. V. tk T<H M
March....... 219*506: 2765323 ’
803^318
576,157!
Cot.«hawn®eA.li ■a♦■,?11
67.094
C o l o B a k e . . Vr
i,250|
2,100
6,367
8,655
C fy M a l..,. ...... April
808!
3,572!
1,322;
5.592
•CkiuiPI*;! Mallej IA pril
265,613
225.347!
Current H irer.. 4tii wk May I
5,916 '
53.429
55,370
2,-8 451
D e a r, A Kip Cr Is tw k J ’ rie 107,100 176,100) 2,633.790; 3,708,929
JtaSXaiuFftieSo T slw k J 'u a
503,822
429,039
22,117!
BmiuthB.S.AAti rlH w k J ’m
37.92G
54,699
846,127
004,315
Vtkhtth A Winn...■M
M»r
a rch ,....
13,166
56,058
*22,67 7■
33,086
B-Tenn.Va.dt 0 » i«twlc.rxif!
75.071
91,445 2,204,528 2,518,384
MI«0jb-JdUkEat? M u )..........
68,860:
393,122
76,154!
436,519
Jtuure ka Bprt a # <». Fubnuiry . ;
12,740
4*8581
6,4*11 J
11,037
Krant Als0*p’ifei o t w kF tic !
3,97?i
150,913
7,3821
113,779
B rans, ds ftich.
1.754)
60,112
45,007
3,470
At T. 11 i lat wk
15,815:
527,008
24,472
462,200
fllc h h a r g .
Vpril........
542,320 600,4981 2,016,430 2,307,211
Hlitif HP'.Mar*{. ?1st wk 3*tie*
42.03
1,290,832
51,828 1 1,060,5371
Florence......... M arch,.* .* 5 19,622
45,383
l-i.iiW
50,498
WlMemf* HPaaU M fif. . . . . . . | 164,403: 124,798! 1*047,790
706,842
Ft, W. A Rio Or •May „ . . . . . J
162,409
18,195)
104,895)
30,281!
A A lt, tl.. M a r ...
l,2S4j
627;
2,006!
4,398
Oeorjrla r k ___ i |j»t w k j'jk r
18,953
18,924
555,014
598,697
Oa. CaFia A No A pril....... .
30,122
242,490
167,517
44,6? 5 f
€Nm?« 80. A Fla,,, M ar___ _ J 02.971' 05,547
341,710
354,270,
Or, Rap. A r« 4 .. ;
30,945!
wkT'rjiu
764,515j
997,373
41,4151
O b . B M r t . W -l M w kJTid
200,058
6.43 ii
8,075)
184,535
fm ra fa e c i t y . , i s tw k .r »«;
26,254
*>u;
882'
21,(i65
Mum, C4. E. «fe.! l.*t wk£*nm
1,847!
3,743'
05,837
40,3281
T otal all Un«* 1st %vk 4 ’my
#81,063 1,295,522
40,*39
54,7141
0 ra n d T rtm - , Wk Juno 9 30 7,314: 371,463 7,371,152: 8,137,140
Chic, A Or.Tr, Wk June 2
5 7* 1271 66.994 1,223,830! 1,403,631
lie t ( i r . 11.A M Wk JmiAtt!
385.0621
19 014!
442.238
18.585*

,

111

9eor«et’ n A W ’a Jlareh..
Sr. P.Wai, A B r. Jtarcli.......
ftn llA Chioaeo. M a y ....
Great NortlAn St. 1 . M. A M. M ay...
East, o f Minn M a y ...
Montana Cent M a y ...
Tot. system. M ay__
HartaviUe......... M arch..
Hoos.Tun.&Wil. M a y ....
Hous. E.&W.Te^ Am i l..,
Hnmest’nASlieD M ay.
Illinois Central. M ay..........
Ind.Deo.&West, April.........
lit-A Gt. North’u Istw k J'ne
Unteroe. (ile x .) Wk M ay 26
Iow a Central. . I s t w k J ’ne
Iron R ailw ay... M ay..........
Jack. T. A K. W A p ril........
Kanawlia&Mici Istw k .J’ne
Kan.C. C l.& 8 p. TtliwkMay
K.C.F.S.&Mem 4thwk May
K.C.M em.ABir 4tliwkMay
K. C. Pitts. A G. Istw k J
Kan.C. Sub.Belt Istw k J
Kan.C. Wy. AN W Istw k J
Kan.C.&Beat. Istw k J ’ne
Keokuk A West. is t w k J ’ne
L .E ne All. & So. \Jay
L. Erie A W est,. L t'w k J n e
Lehisth A H n d.. May
Long Island___M ay............
Lonls.A M o.R lt. March.......
Louis.Ey.ASt.L. is t w k J ’nc
Louisv ANashy. is t w ltj'n c
Lotus.N.A.&Cli. I s t w k J ’ne
Lou.St.L.&Tex- isfcwkJ’ne
Louisy. S ou th .. ithwkM ay
Macon A Birm ..: tiay
Manohes
Manistique........Mav
Mar. & N o.G a.. M a r c h '"
Me m i)ius 4 ( 'h
4 th wk May
I Max lean C eu t..is t wk J ’ne
Mexican Inter'!. F ebruary.
(Mex. National. ; ls t wk J'hc*
Mex. N orthern. \prp
1Mexieau R’ wav w k j ,im ' V,
M inncap.&St.L.: tia V
M o.K an.A Tex.. l» t w lij’ne
Mo.Pac.AlrouM i , t wk I’ ne
Mobile A Birin. ttUwkMav
M obileA Ohio..
v
Mont. A Mex.Gli v , ,-..........
Nasb.Ch.A-.8t.L. M ay..........

I 1893,

s
I
4,140
2,152
3,333

4,446
2,319
3,636

Ia n . 1 to Latest Date.
1894.
10,167
4,916
17,525

18933
11,136
5.412
17.325

813,160 970,408 3,397,219 4,684,523
85,473
74,096
327,172
368,710
144,808 100,989
548,332
485,043
1,043,441 1,145,493 4,272,722 5,538,276
813
1,142
3,001
4,573
3,837
3,088
14,314
14,296
27,927
34,182
137,161
147,020
S.300
8,269
47,800
54,033
1,453,663 1,739,507 7,205,781 7,948,425
25,929
33,754
107,664
150,228
45,619
65,971 1.258.636 1,771,743
48,817
43.306
998,786
922,288
22,405
37,656
729,631
787,012
2.656
4,309
17.170
17,466
66.487
67,065
366,324
379,036
7.063
5,461
152,710
151,723
8,010
8,617
116,064
112.637
109,764 104,464 1,574,905 1,902,230
23,973
22,229
414,268
454,571
8,091
2,587
131,034
41,069
6.532
4,556
91,087
87,716
4,128
6,175
136,258
140,440
200
230
5.081
6,021
5,843
6,522
157,078
160,622
4,271
5,285
28,976
33,475
57.172
69.976 1,292.919 1,563,253
42,051
56,749
157,765
221,127
375,510 389,213 1.363.637 1,415,973
28,284
34.832
75.403
98,770
24,130
30.150
605,401
771.637
353,115 384,370 8,024,860 9,389,237
58.381
69.578 1,101,211 1,338,661
8,030
10,382
167,564
258,699
18.180
22,343
247,662
292,792
4,34'
4.195
30,139
28,313
1,116
1.555
3,026
4,599
8,74'
8,363
20.216
58,158
20.431
42,978
42,454
520,282
636,784
167,507 167,058 3,743,84^ 3,531,845
180,643 165,809
359,634
377,917
80,206
63,807 1,839,100 1,948,646
56,309
210.497
64,419
55,5o4 1,334,303 1,350,886
135,860 148,915
652,532
693,161
136,145 203,900 3.703,805 4,033,853
321,751 434,866 9,504,059 11,240,751
4.453
6,585
109,002
121,261
260,0X4 290,425 1,344,946 1,407,097
90,000
38,596
475,694
451,570
358.646 414,376 1,901,250 2,075.100
Nevada Centra)!lf;,rcii"
2,008
4.045
7,028
11,596
J.
Y. iFebruary _
19,435
20,306
42.799
41,971
tfew O rL A S on ..\ fa i8,390
11,854
42,239;
55,162
N.Y.C.a H .K .... Mar.......... 3.304,802 4,001,613 16,300,443 18,473,507
N. Y. L. E. A W .■A pril'
1,880,790 2,378,066 7,174,429 9,318,060
N.Y.Pa,AOhio.. tnrij
437.418 594,080 1.687,546 2,320,776
N. Y. A Putnam. April.........
46,725
48,675
174,101
178.958
N . Y O n t . A t t . lstw icJ’ue
72,565
74,485 1,428,992 1,506,268
N.Y S u sq .A W ..'A p ril
125,884 143,728
491,166
497,820
Norf. A South’ u : \ pri i ........
43,474
40,767
139.922
150.094
Norfolk A West. i st w k jS ic 212,099 212,542 4.063,917 4,403,814
N’tbeast n (S.C.i March.
76.269
77,554
T 9 ’ ,315
214.959
Nortb’nCem ral. April
444,078 567,140 1,775,272 2.231T 50
North'aPaoiBo. M a y . " " " 1,180,077 l,8 9 i;9 8 6 5,247,355 7,749,898
Oconee At West, jA p ril........i
1.806
1,200
10,530
4,562
Ohm River........ lstw k .I'n e
12,597 16,457
324,137
259.576
O bloaoutborn.. niiwkM ayi
10,775 20,257
243,731
294,804
Omaha A B L E .. M a rch .......!
37,738 53,124
157,209
121,286
Oregon iuip. C o .;April........ j 326.544 330,704 1,185,566 1,139,755
Pennsylvania... A p ril......... 4,764,016j5,895,492 17,838.528 22,041,668
PeoriaDee.&Ev. Istw k J'tie
11.331; 17,062
375.903
328.569
Petersburg........ A p r il..........1
48,524! 53,845
193,787
184,893
Plula. A E r ie ... April......... 272,686; 439.497 1,044,637 1,483,664
Phila. A Rcail'k. A p ril........ 1,475,259! 1,889,975 5.684.016 7,086,128
Coal A ir . ........ A p r il........ 1,428,055! 1,433,781 5.740.017 7,210,068
Tot a 1both Cos. a i >ri 1....... 2,9 0 3 ,3 1 4 ---------3,323,756 11,424.033 14,296.196
2.842
16,354
13,724
PH4s.Mar.ACU. M ay. .
1.625
Pitt,Bben,AL.E. May
29.203
34,396
152,634
137,427
Plttsb. A Weat.- M av..........
97,708 140.251
576,242
481,024
Pitts. Cl. AToi. M a v .........
48,437
73,460
321,114
240.573
Pitts. Pa. A 1'. May
!
28,542
30.929
100,909
113,071
Total s y s te m ..lis tw k j’ne
37,261
65,179
860,336 1,086,897
PUL Young. AA . A p ril____
88,412 119,196
375,237
265.095
14.929
PL Rural AAug. May
.
13,000
132,275
127,129
Pt.Koy.AW.Car. M arch.......
26,816
33,122
100,919
103,604
22,841
Quincy O.A K.C. M ay..........
19.496
109,416
91,338
a c h ’d A D a ily .; i »tw k J ’ ne 171,289 179,393 3,665,400 3,897,355
Georgia P a r .. j 1st wk J ’ne
25,416
35,641
824,372
762.574
11,520
288,707
ch ar C.&Aug,, U t wk J’ne
10,025
285,885
Col. A Greeny/1 stw k J'n e
8,240
8,613
236,841
253,2,16
T otal........... 1stw k J’ne 214,970 235,107 4,967,075 5,247,275
Rieh.Fr'ksb.AP, March.......
65,044
76,670
198,793
174,859
32,377
Rich. A Peterab.: A p ril........
28.710
119,528
110,298
11,350
263,131
Rib Gr-Soutli’ n. is tw k J 'n c
6,139
135,761
Kio tir. West’ n.. 1st wkJ’ne
38.300
40.500
932,572
825,588
Sag.TuscoiaAH. M ay..........
9,177
8,895
40,573
42,691
7.637
27,222
8a g ,T a l.A 8 L L .;A p r il........
6,945
29,555
22,410
St. L. A. A T. H.l is t w k J ’nc
14,480
675,632
543,496
1,852
St.L.Ken’ etASo. M ay..........
1,681
11,966
11,166
78.500 1,747,091 2,160,420
8t.L,8outhw Tn. is tw k J ’ne
62,900
St. Paul A D u l’tb I.May..........
140,856 158,883
670,857
499,933
147,449
127,038
San Ant. A A . P. i.Jatiuary. •. 127,038 147,449
29,744
8. Fran. A N.Pae. Mthwk May
28,923
307,260
286.986
44,029
Say. Am. A Mon. |M ay..........
32,710
220,818
175.095
Bav.B'la. A West M arch......
288,834 295.173
870.923
926,041
6.642
8ber.S brer.A S o Itliwk.May
6,196
111,833
108,504
Silrerton.
6,073
' '
3,352
6,373
3,352
January...!
Sioux City A No M arch.......
23,390
17,506
62,220
72,810
So. X’ aeifte Co,—
Gal.Har.&S.A April........
352,238 371,741 1,289,194 1,499,203
84,282
Louis’a West.. April......... j
58,818
392,130
323,913
Morgan’ sLAT. A p ril......... ! 412,528 406,769 1,771,000 1,766,690
20,894
23,693
N .Y .T.& M ex. April..........j
71,445
71,990
Tex, A N . OrL. A p ril,........i 117,026 149,262
636,390
521,703
Atlautlo sys.6. A p ril......... ! 968,811 1,044,724 4,018,402! 4,414,665
Pacitic system A pril........ 2,758,756 2,855,480 9,663,308! 10,375,179
Total of alL. April......... 3,727,567 3,900,201 13,681,710 14,989,844
CoastDlv(CaL) ^ A p r il.... 863,159 909,158 3,111,102 3,305,411
S on .D iy .(C a l)
Arizona D iv. A p ril___
726,497
688,062
179,516 183,328
N ew M ex/D lv. April....
349,527
309,613
87,877
80,952

THE CHRONICLE.

1022

[VOL. LVII1,

Posted rates o f leading bankers are as follows :

J I xjc g a t x fe e r s ' (S a ^ c tte .

June 15.

When
P er
Cent. Payable.

Name o f Company.

R a ilr o a d * .
Boston Hevere Beacli & L y n n ... j 2
2ia
Canadian P acific...........................
Chic. & East III., p ref. (q uar.)...
l 1*
3i*
Chic. St. P. Minn. <fc Om., pi e f . . .
M anhattan (quar.)........................
lia
2
N. Y. N. H. & Hartford (quar.)..
Northern Central...........................I 3
P rovidence & Worcester (quar.).
2ia
4
Shore L ine.......................................
B ank*.
Fifth Avenue (quar.).................... 20 >
“
“
(extra)....................
5 5

Frankfort or Bremen(reiobmark8)b’nkers

to
to
to July 2
to A u g .20
to July 2
to July 2
o ---------t o ------to July

June 28 to July

4 89% ® 4 911
155*®5 15
40389401,
95=a»95%

The following were the rates of domestic exchange oa .New
York at the under-mentioned cities to-day: Savannah, buying
par, selling % premium; Charleston, buying par, selling 1-1(1
premium; New Orleans, bauk Sl'50 premium; vumeroial SI premium; Chicago, 70c. per $1,000 premium; St,
Louis, 90c. premium.

3
3

July
July
July

June 23 to July
June 21 to July
June 23 to July

3
1*
4
1
1 J4

July
July
June
July
July

1 6 1July 1 to July 15
16 July 1 to July 16
3 0 1June 21 to J u n e 30
2|June 21 to July 2
16 June 21 to July 1

1

W A L L S T R E E T . F R I D A Y . JU N E 1 5 , 1 S 9 4 - 5 F . M .

The Money Market and Financial Situation.—The re­
ported ending of the coal miners’ strike was received here
with a grain of allowance as to ultimate results. But the
miners can hardly resist the terms of compromise agreed to
at Columbus on the 11th by their own officers, and this is
doubtless the beginning of the end of the whole disturbance,
and the belief in this has had its influence in helping to re­
store confidence and Impart a more buoyant tone to the markets.
The Senate has made some progress with the tariff bill
during the week, and while there is much criticism of the re­
sult of its work by both parties, it will be of immense benefit
to the country at large to have the matter disposed of. Gold
shipments have fallen off and there is some expectation of
their early cessation altogether; so with the tariff bill settled,
the strikes ended, and the shipments of gold stopped, there
would seem to be no reasonable excuse for a further continu­
ance of the extreme depression which has characterized all
branches of business for many months past.
At the Stock Exchange business has been prejudiced
somewhat by the decline in two of the leading specialties—
American Sugar and Chicago Gas. It is unsatisfactory to
general dealers in securities that the market should
be affected by two prominent stocks about which the
public can get no satisfactory or detailed information, and
also that in the present instance the action or non-action of
Congress in the one case and the Attorney-General of the
State of Illinois in the other should furnish the levers by
which these two stocks are worked up and down through
manipulation.
The open market rate for call loans during the week on
stock and bond collaterals has been 1 per cent, all the busi­
ness being at that figure. To-day rates on call were 1 per cent.
Prime commercial paper quoted at 2% to 3 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £783,903 and the percentage
o f reserve to liabilities was 70’63, against 69 73 last week; the
discount rate remains unchanged at 2 per cent. The Bank of
France shows an increase of 2,900,000 francs in gold and
a decrease 1,800,000 francs in silver.
The New York City Clearing-House banks in their statement
of June 9 showed a decrease in the reserve held of *1,361,400
and a surplus over the required reserve of $76,918,250, against
$77,965,100 the previous week.
1894.
June 9.

Demand.

88 ® 4 98b!
864t®4 87
S6%®4 86%
167e » 5 10% 6
40% ®40% I
9 5 % »9 5 % !

United States Bonds.—Quotations are as follows’:
July

T r u s t C o m p a n ie s .

Franklin, Brooklyn (quar.).........
K nickerbocker................ ..............
United States Mortgage C o.........
I flis c e lla n e o iiM .
Am erican B ell Telephone (quar.)
Edison Elec. 111. o f Bklyn. (quar.)
M etropolitan Gas (B rook ly n )....
UnioQ Ferry (quar.)......... .........
Western Union Telegraph (quar.)

Books Closed.
(D a y s inclusive.)

July
Aug.
June 17
July
Aug. 2 0 'Aug. 1
July
2 June 16
2 June 17
July
July 1 6 -----------t
June 3 0 ----------July
5 June 24

Sixty Days.

Prime bankers’ sterling bills on L ond on.. 4
4
4
5

D I V I D E N D S .

Differ en’sfrom
Prev. week.

1893.
June 10.

1892.
June 11.

$
$
59,922,700
S u rp lu s..............
71,545.100
Loans & di8c’nt8. 465.403,700 I n c . 410,100
C ircu lation . . . .
9 >03.500 Dec.
30,100
N et deposits....... 570,*80,200 D e c .l,258,200
lf<>,475.500 In c. 1,456,900
L egal tenders___ 119,162,800 Dec.2,818,300
R eserve held.___ 219,638,300 D e c .l,361,400
Regal r eseiv e___ 142,721,060 I n c . 314,550

$
60,422,700
71,594,800
414,400,200
5,613,500
418,92^,600
69,529,300
49.623,000
119,152,300
104,731,400

$
60.372.700
67,906.800
493,669,700
5,60 1,500
542,083,000
102,94\900
56.120.700
159.066,600
135,520,750

Surplus reserve 76,918,250 Dec.1,046,850

14.120,900

21,545,850

Foreign Exchange.—The exchange market remained dull
and firm early in the week, but has been easier in tone the
past few days. This is probably owing to the purchases of se­
curities for foreign account, including some new bonds. The
demand for gold to ship has fallen off, and $500,000 was re­
turned to the Sub-Treasury by one firm that had engaged a
considerable amount for export; there is also talk among
bankers of the shipmenis soon ceasing. Exports for the week,
including to-morrow’s, amount to $2,250,000, with probably
$200,000 more from Boston.
To-day actual rates of exchange were as follow s; Bankers’
Sixty days sterling, 4 87%@4 87%; demand, 4 88%@4§8%;
cables, 4 88%@4 89.

2e..................... .. .rex.
4s, 1907...............ree.
4 b, 1907....... ...c o u p .
5*, 1904.............. reg.
58, 1904............coup.
38, oar’cy,’ 95___ reg.
3e, our’cy ,’96___reg.
5s, onr’oy,’97___ reg.
38, oar’cy ,’ 98___ reg.
6s, our’oy,’ 9 9 ___reg.

Interest June
Periods
9.

June
11.

June
12.

J line
13.

June
14.

June
15.

Q.-Moh. * 96
Q .-J a n . *112=8
Q .-J a n . 114%
Q ,- Feb. *1175*
Q .-Feb. *117=8
J. <fc J. *10 0*
j . & j . *103%
j . & j . *10 5*
j . & j . *107%
j . & j . *11 0*

* 96
*112=8
*1149)
*117=8
*117=8
*1 0 0 *
*1034,
*1 0 5 *
n o ? 1*
*11041

* 96
*1123$
*1 1 4 *
*117%
118
*1004,
*10 3*
*10 5*
*107%
*1 1 0 *

* 96
*11234
*1 1 4 *
*117%
118
*10 0*
*103%
*105%
*107%
*110*

* 96
*112%
*114%
*11734
*1174j
*100%
*103*
*105*
*107%
*110*

*96
*112%
*1 1 4 *
*1173$
118
*100%
*103%
*105*.
*1 0 7 *
m o%

•Thlsls th e prloe bid a t c a e m oraine b o a r d : no r u e w

misue.

Coins.—Following are current quotations ia g »H f >r coins;
Sovereigns........... $4 87
Napoleons............ 3 88
X X Reichmarks 4 80
25 P e s e t a s ....... 4 80
Span. D oubloons.15 55
Mex. D ou bloon s.15 55
Fine gold bars___ par

® $4 90
® 3 95
® 4 90
® 4 90
® 15 75
® 15 75
® % prem.

Fine silver ba rs.. — 6 3 % » — 64
Five fran cs..........— 90 ® — 95
M exican dollars.. — 52 ® — 53
D o uncom ’c i a l ..------- ® — —
Peruvian sols____— 5L%® — 5 3
E nglish silver___ 4 80 ® 4 90
U.S. trade dollars — 55 ® — 65

United States Sub-Treasury.—The following table show b
receipts and payments at the Sub-Treasury.
Date.

Receipts.

Paym ents.

June 9
“ 11
“ 12
“ 13
“ 14
“ 15

$
4,119,129
4,207,492
3,234,869
2,377.578
2,984,12“
2,601,187

$
1,996,974
4,233,286
2,957,172
2,219,885
3,167.166
3,499,460

Total

19,524,382

18,073,943

Balances
Coin.
$
87,774,275
88,270,745
88,182,654
87,445,463
87,993,335
88,029,002

Coin Oert'sA Currency.
$
708,613
827,897
727,624
821.964
873,785,
877,123;
...................

$
58.983,22658,341,678
58,807,739
59,608,282
58,825,551
57,888,268

1....................

State and Railroad Bonds.—The sales of State bonds at the
Board include $105,000 of Tenn. settl. 3s at 79%-S0%, §92,000
Va. funded debt, 2-3s of 1991, at 60-59%; §10,0u0 Va. 6s
defd. tr. receipts, stpd., at 7%-7%; $24,000 Ala. Class “ A ”
at 102; $3,500 La. consol. 4s at 97%; $10,000 Ark. 7s, L. R, P. B.
& N. O., at 6.
Railroad bonds have been a little more active, and the A t­
chison 1st. 4s led the market on Thursday with a sharp rise to
77 on good buying, which was supposed to be partly for Lon­
don account. The reported agreement of the Committee to
leave the Atchison 4s undisturbed in the reorganization was
a sufficient reason for the advance in these bonds, as they now
carry nearly 4 per cent of accrued interest; the proposal
to make the 2nd mortgage bonds incomes was also the cause
for a decline in the class “ A ” bonds to 28%.
The
Rock Island & Pacific debenture 5s have sold fairly around
91-91%; Mo. Kan. & Tex. 1st 4s, now ex-coupon, are in de­
mand at 79%; Nickle-plate 1st 4s at 100%; Northern Pacific
1st coup, close at 111%, as the July interest is to be paid;
Colorado Midland 4s have declined to 25 bid under their pros­
pects in the Atchison reorganization, and the Atlantic &
Pacific 4s are quoted at 45-47%.
Railroad and Miscellaneous Stocks.—The stock market
has been irregular, as usual, and the principal feature has been
the weakness of the past two days in Sugar and Chicago Gas.
The dealings in these stocks constitute a large proportion of
the dealings at the Board, and both have declined, though for
different reasons. The trading in Sugar is supposed to be
based in some way upon the Washington dispatches, but as
the price frequently goes in the opposite direction from what
might naturally be expected, it is a fair conclusion that the
buying or selling by parties having inside information is
the most potent influence. After selling on Wednesday up to
102% ex-dividend, the stock declined to 96% to-day and
closes at 97%. Chicago Gas has weakened under the reports
that Atty. Cenl. Moloney will now proceed more actively
with his quo w arra nto case, and how far the pool transactions
are affected bv these reports the public can hardlytell; thestock
fell from 79% to 75% and closes at 77%. Western Union Tele­
graph ha9 been steady under the exhibit of diminished earnings
and the showing of a small surplus for the fiscal year ending
June 30. Burlington, St. Paul and Rock Island are barely
steady on moderate transactions. Union Pacific was weak
without any new development as to the company’s affairs.
General Electric held its advance tolerably well, with small
dealings, but closes lower at 36%. Am. Tobacco closes at 87,
against 87 last week, National Lead at 38% ex-div. against
40% and L. I. Traction at 15% against 15.

THE CHRONICLE.

JUNE 16, 1694. j

1023

N£VF YOKK STOCK EXCHANGE—A C T I V E S T O C K S f o r week ending J U N E 15, and since J A N . 1, 1 8 9 4 .
H IG H E ST AND LOWEST PRICES.
Saturday,
June 9*

Monday,
Jane 11.

Tuesday,
June 12.

Wednesday, Thursday,
June 13.
June 14.

Friday,
June 15.

STOCKS.

Sales ol
tlie
Week,
Shares.

Range fo r year 1894.
Lowest.

H ighest

A c tiv e H R . S to cR s.
7% June 6 16 Mar. 14
Atchison Topeka & Santa Fe. 19,176
500
% Jan. 2
1% Mar. 28
Atlantic & Paoiiie....................
400 67 Jan. 2 8 1 k Apr. 6
72%
73
73 I -7 3
73% *73
Baltimore & O h io....................
654
64
'6 3 % 64% 62% 62%
64
625s June 11 7 3 k Jan. 18
Canadian Pacific......................
500 47 Jan. 3 52% Mar. 31
50
50
51
49% 50
40%
Canada Southern _______ ____
974 104 May 31 117% Mar. 8
Central o f New Jersey............
'1 0 6 k 108
107 107 ; 100%
107%
413 16 May 21 2 0 k Apr. 7
17%
Chesapeake A O h io.................
18
18
17% 17%
17%
8 130 Feb. 12 140 Mar. 27
142
Chicago & A lt o n ......................
*139 142 '1 3 9 142
140
Chicago Burlington & Quinoy 50,900 7 3 k Jan. 3 84% Mar. 21
7S%
78% 79% 77% 78%! 76%
52 June 1 55 Feb. 27
Chicago & Eastern Illin ois...
93 M ay 23 97 Jan. 18
Do
pref.
83,846
5 4 k J an. 3 65% Apr. 6
60% 61% 60% 61% 60% 60% Chieago Hilwankee & St. Paul
60% 61 Hi 59% 60% 00% 61
295 116 Jan.
123 k Mar. 13
Do
pref.
*119 119% 110% 119%: 118% 118%. 119 119%! 119% 119% 119% 119%
4,410
110% June 7
97 Jan.
109% 109% 108% 109% xlOO 106% 106% 107
106% 107
106% 106% Chicago & N orthwestern----43 1 3 5 k Jan.
*141%
145 Apr. 9
Do
pref.
142% 142%
142% 143% 143% 143% X l4 2 142 '1- 4 1 % *14310,112
72% Apr. 7
6
1
k
Jan.
6 8 % 69% 68 % 68 % Chicago S o ck Island & Pacific
69% 69% 68% 09
63% 69% 6 8 % 69%
300 3 2 k Jan.
41% Apr. 7
*36% 37% *35% 37% Chicago St. Paul Minn. « Om.
*87
38 , 307
i% '3 6 % 37%
----116
Apr. 16
116
109
*
*
8
Jan.
Do
pref.
114 116 *113 116 -113 116
113 ' 116 *113 116 *113
235 31 Jan. 10 41% Mar. 19
38
38
38
*36k 3 8 k Cleve. Cinoin. Ohio. & St. L .. .
*37k 3 8 k
38% 33%; 38
*37 k 38
88
M ay 12
78
Jan
18
Do
pref.
100 1 6 k May 21 20% Mar. 31
*17
17% Columbus Hocking Pal. A Tol
*1839 18% *17% 18% 17% 1 7 k *17% 17% *17k 18
66
Jan. 12
5
7
k
May
23
Do
pref.
*60
66
*60
66
*60
66
*60
*60
66
*60
66
66
2,039 12 9 k Jan. 2 1 4 4 k Apr. 7
130% 130% 130 1 3 0 k Delaware & H udson...............
131 1 3 1 k 1 2 9 k 1 3 0 k 1 3 0 k 130% 130% 131
1,441
17
0
k
Jan. 16
158
May
21
161% 161% Delaware Laokawanna&West
160*4 161% 159% 160
160 160%; 161% 161% 161 161
9% June 6 11% Apr. 16
Denver & R io G ra n d e----800
34%
Apr. 11
Do
pref.
30
30
29
29 1 293* 29%
30
30
10
11% Jan. 19
6 k May 24
7 E.T.Ya.&Ga.,cert. 3dass’tpd.
*6
7
*6
7
5%
5®b: *6
7
*6
*0 k
7
27
77
Mar.
13
Apr. 16
12
Do
ls
tp
r
e
f.,e
e
rt.3
d
a
s
s
’tpd
.
11
11
*11
14
*11
14
*11
14
rl l
14
14
*11
4% Mar. as
8 M ay 24
9 Do 2d p ref..eert.3 d a ss’ tpd.
•8
9
*8
*8
9
*8
9
9
•s
9
*8
Jan.
5
68
Apr.
20
55
56
E vansville A Terre Haute—
56
*51
58
*51
56
56
56
’ 51
51
*51
25 100 Jan. 4 106 Apr. 9
101 103 40 0% 103 Great Northern, p r e f..............
100 100
100 102 i 100 l O l k '1 0 0 101
Mar.
29
10
95
8
9
k
Jan.
*91
92 Illinois Central........................
92
90% 91%
92
90% 90% *91
-91
92
■91
11% Apr. 3
310
6 Jan.
10 ■ 10% 10% Iowa Central.............................
10
9%
•9%
10
*9% 10%
Oh 10
Oh
100 23% Jan. 4 39% Apr. 9
35% 35%
Do
pref.
36
36 | '3-1
'3 4 % 36%' *34% 36% *34
36
*34
l,S 6s 13% Jan. 12 17% Mar. 30
16%; *15% 16% Lake Erie & W estern..............
14% 14% *14% 15
15% i5% ; 16
14% 14%
450 63 Jan. 3 70 Mar. 31
Do
pref.
67% 67%
67
67
*65
67
*85% 6 6 %; 65%
5
5%
1,102 118% Jan. 3 133 M ay 28
131% 131% 131% 131%; 131% 131 %■ 131% 131%; 132 132 Lake Shore & Mich. Southern
132 132
400 87 May 22 100 Jan. 2
*87
90 Long Island..............................
90
*87
90
87%
87
00
90
’ 87
8,247 40’ sJan. 12 52% Mar. 31
45% 45% 45
45 H; 45% 45%. 45% 46% 45% 46%i 45% 45% I-ouisville & Nashville............
10 J an, 22
40
6 June
Louise N e . Alb. & Chicago.
8
7%
'7
8 | *6%
6%
6
6
*6
0 %: •0 %
2 4 k June 5 40 Jan. 6
Do
pref.
27
26% *23
27 i *23
26
23
26%; *23
*23
27
1% Apr. 2
1%
Feb.
7
5 Louisville St. Louis & Texas.
5 ; * i%
5 1 ' 1%
' 1%
5 : r i%
1%
*1%
2,319 113 Mav 23 127% Apr. 26
115 115%! 116% 116%; 116 110%! 116% 116% *113% 115% Manhattan Elevated, consol..
U 5 % 116
100%
Feb.
140
95%
May
25
Michigan Central....................
95
96
90
06 l 96% 96%i *95% 9
97%. 96
200
9 ’ s Feb. 12 13% Apr.
10k Minneapolis & St. L., tr. reots.
10% n o
10%; '10
* 1,0
10 % 10% *10
11
10% 1 0 %
3
8
k
Apr.
500
28
Jan.
4
Do
pref. .tr. reots.
32
3
35
33 | •32
34 : 33
36 i *33
*32
86
100 12% Feb. 6 16% Apr.
l i ; •13% llk jM isa ou rt K a n s a s * T e x a s —
11
14% *14
14%
14%: '1 4
*14
14%: *14
27
k
Apr.
400
2
1
k
May
21
pref.
Do
'22 >3 23 k
23
23 1 23
22% 2 2 % *22% 22% f * 22 % 23%! 23
3 2 k Apr.
18,020 18 k J an.
27% 28%; 27*3 2 8 k 27% 2 7 k Missouri Pacific.
28%
m
28%j 27% 28%:
22
M ay 15
275
1
5
k
Jan.
3
20
Mobile & O hio..
20 ; •19
20
20 s 2 0 % 2 0 %I *19% 20
2 0 %' *10
20
70 Jan. 19 74 Apr. 18
75 Nash v. Chattanooga&St.Louis
75 ; -70
75
'7 0
75 ; •70
*70
101%
Mar. 30
5,787
9
5
k
May
21
0 7 k 98 New Y ork Central & Hudson.
98%. 98% 98%! 98 k 98 k
98% 08%: 97% 0 8 % ’ 98
1 3 k May 22 16% Apr. 9
13k 15 New York Chicago & St. Louis
14%! *13% 15 | '1 3 k
*14
14% *13% 14%: *13
75
k
Feb. 3
64
May
21
Do
ls t p r e f.
68 i 61 k 68
68 I "65
68 j *63
68 S *62
*83
68
100 2 7 k June 11 3 4 k Apr. 2
Do
2d pref.
29%! *28
2 7 k 29k!
29%
29% *28
*28% 28%! 27% 27 %t
18
%
Mar. 28
12%
May
18
1,760
13% i l k ; 13% 13k;N ew York Lake Erie & West’n
14% 14%f 14% 14% *14% 14%; 14% 14%
100 2 5 k M ay 21 39 k Mar. 27
....
Do
pref.
29% 29 k
||14%
Jan.
23
||3%May
19
760
9
9%;New Y o r k * N e w E., tr. recta
9
9k "9 k ;
*8 % 9
9k
8%
9 \ 8%
8%
550 179 May 29 195 Mar. 15
179 183 '1 7 2 183 ' 175 180 'N ew Y orkN ew H aven & flart.
184% 185%! 182 183%; *175 183
6
Apr.
26
5
k
M
ay
24
..................New York <fc Northern, p ref..
600 14% Jan. 2 17% Apr. 6
15!% 1 5 k
1 5 k 15 k
15 k 15 % •15k 15%; 15% 1 5 k ’ 15% 15%!New York Ontario & western
16%
Mar.
14
265
14
Jan.
2
15% 15%
15«8 15% '1 5 k 16 ! 15% 15%. 15% 15k; •15k 16 'New York Snail. <fcW est.,new
305 36 May 21 46% Mar. 5
41k!
Do
pref
41 k ! ■11
'4 1
4 1 k '41
41
41
41% 41% 4 0 k 41
7 k Apr. 3
5 M ay I f
Norfolk & Western,
430 17% Jan. 19 26 Apr. 9
pref.
__
Do
*20
20k
•20 .
20%
20
2<j k •20k .
6 k Mar. 20
3%
May
21
310
•4
4% Northern P acific...
4%
4k,
4%
4k
'4 k
4k;
-4 k
4k
4k
4k
4,024 1 2 k M ay 21 23% Mar. 30
pref
Do
15% 16
16 k 16 k
17
18% 17%
18% 1 0 % 16% 17
11 \*25 50 •25 50 Ohio Southern —
*25
*25
50
s o : *25
50
*25
30 Mar. 7
20 15 June
16 Oregon R’y & Navigation Co.
•12
10
16 | 10
*12
16 i •12
*12
16
10
*12
10% Apr. 6
4 k Jan.
515
7 OregonSh. L ine& UtahNorth
*5k
6k
6
6
7k'
6%
*5%
8
6%
7 k ‘ *5k
5% Mar. 31
3% Jan. 11
10
Peoria
Decatur
A
Evansville.
*4
4
k
*4
4%
*4
3%
4k
5
5
*4
3%
4 k!
23% Mar. 14
14%
M
ay
21
8,400
16 k 16% Philadelphia & R eading.........
16% 17 k
17%
17
17%
17
17% 17%: * 17 k 17%
11% June 8 15% Apr. 6
500
12
Pittsburg
Cinn.
Chic.
&
St.
L
.
*11
-11
12
12
12k
12
12
12
12
U % 11%
340 44 Jan. 8 53 Apr. 7
Do
pref.
45
45 k *43
*43
45
45
*45
47
47
*45
47
*45
6,960 H2 Jan. 15 T 11% June 8
10 % 1 0 % R. & W. P. Ter.,tr. r. 3dasst. pd
10 % 1 1 %
10 % 11
11% 11% 11% 11% 11
Ilk
1 2 k Feb. 7 18% Apr. 6
417
Do
pref. tr. reots.
16
16
17 k
*16
18
*10
i s ; *16
18
15% 15%f *16
15 Feb. 1 15 Feb. 1
Rio Grande W estern...............
......
......
«****•
Do
pref.
5 k Apr. 5
4 Jan. 4
'3 k
41 St. L ouis Southwestern..........
4k
*3%
4k
*3%
4 k ! -3%
*3%
4k
*3%
4k
____ 5
7 k May 21 11 Apr.
Do
pref.
'7 k
8i
8k
*7k
8 : * 7k
8%
8 I •7k
*8
8 k: * 7 k
23
'
50 22% Jan. 18 27 Apr.
*2 3 k 26 St. Paul & Duluth....................
25
25
‘ 23
28
*23k 25
26
26
*23
*23
Mar. 29
95
88
Jan.
8
Do
pref.
*85
90
90
*85
90
*85
•85
90
90
00
*85
*85
May
5
107
30 100 Jan. 6
106 106 •103 107 St. Paul Minn. & M anitoba...
103 107
*103 107
106 k 106 k 103 107
2,040 18 May 22 25 Mar. 14
18% 1 0 k Southern Pacific Co
19% 20 ; 19 k 19%
19% 20
19 k *20
1
0
k
Apr.
5
19% 19%
7 Jan. 2
635
8 % 8 % Texas & Pacific
8 %'
8%
8 % 8 %i
8%
8%
4% June 15 11% Apr. 3
495
5
4%
4%
6 1 5
*5k
5
6k
6 k! *5
38
Jan.
30
8k
35 Mar. 24
37
*35
37
37
*35
37 l 34
37
*34
37
*3 4
*34
75 Jan. 2 75 Jan. 2
Do
pref.
76
*70
76
76
*70
70
7 6 ; *70
76
76
*70
*70
13 Jane 15 2 2 k Mar. 31
18,119
.
Union
F
aclflo......................
13
13%
15% 15%
13% 15 k
15 k 15 k
6% Mar. 29
1 5 k 15%
15% 15 k
4 June 14
605
3% Uulou Paoifle D enver & G olf.
3k
4
4k
5 I
*4%
4%
4%
8 k Apr. 6
5 t
*4%
5
*4%
6 Jan. 2
700
*7
7% Wabash................................... .
7k
7%
7%
7k
7k!
18%
Apr. 9
7 k,
7%
7k
*7 k
7k
12%
J
an.
2
1,751
Do
pref.
15%
15%
15%
15%
1
5
k
15%
13%
Apr. 6
15’
-!
15%
15%
1
5
’
*
9% Jlay 18
;
!» «
1,260
I l k 11% Wheeling & Lake E rie............
5
1
k
Apr. 2
41%
M
ay
22
U k 11 % I l k i l k ; i l k 11% 11% 1 1 % 11% 11% *43%
750
Do
pref.
45%
45%
44
44
k
4-1%
8
%
Apr.
2
45
k
45%
*
5
I
44%,
41%
•44
6 % M ay 11
10
5% Wisconsin Central Company,
*4k
5
*4 k
5k
5
5kj
6 k: * l k
4%
♦4k
m is c e lla n e o u s S to c k s .
3
2
k
Mar.
30
%
410 2 6 k Mar. 2
27% 2 8 k American Cotton Oil C o— . .
29
29
*28
*28
*28% 2 9 kf 28% 23%; *27 k 29
170 63 Jan. 2 76 May 3
Do
pref.
*68
69
69
68
60 k 69 k *68
68
69 k
6 9 k 6 -i%; *68
344,429 75% Feb. 1 109% May 4
Amerioan
Sugar
Refining
Co.
90%
98%
97
101’ a
79% Jan. 2 97% M ay 5
102 104 i 1 0 0 k 103%; 1 0 2 k 105% x lO 0 k l0 2 %
48,426
Do
„
prel90
90%
91%
91
9 2 % 93 ; 9 3 k 94 ! x 9 2 k 93
93% 94% 92%
8,400 69% Jan. 2 94 k Apr. 12
86k 87 Amerioan Tobacco Co............
87
8 6 k 87
88 k 86% 8 6 % 88
88
87
86
9 1 k Feb. 16 1 0 2 k Apr. 14
230
Do
pref.
M<‘ H 10!
99 k 9 9 k ; '9 9 % ....... 1*100 ......... 101% 101% 101k 101k Chicago Gas C o„ trust rec’t s .. 98,574 58% Jan. 3 79% June 14
76% 79% 75% 77%
76% 77 : 76% 7 7 k ! 77% 79%
10 Jan. 22 13% Apr. 4
7 8 k 77%
*9
11 Colorado Coal & Iron D evel-.
*9
11
11 : *8
11 s *8
10
*9
♦9
11
100 21 Jan. 3 27 k Apr. 4
‘ 24
26 Colorado F uel & Iron ..............
k 26
*25
28 ! *24
26 , 24
____
1,935
1
2 2 k Jan. 29 140 Apr. 20
26 k 25 k * „2 5,k 20
Consolidated
Gas
Com
pany..
3 4 k 133 k 135 Distilling & Cattle Feeding Co 20,785 2 0 k Jan. 2 30% Feb. 6
*1 3 3 k 134 k 133 k 1 3 3 k 133 k 134 k 184' i 134%! 134 1 20
25% 25%
24%
25 k 28%
26%
25'
16,022 30% Jan. 3 '1.5k Mar. 8
25 k 26
25% 2.*
G
eneralE
leotric
Co
3 6 k 37
42% Apr. 30
37%
36% 37%; 37 k S7%! 36% 37%
37% 38 k| 36
10,297 22 Jan.
38
3 8 k National Lead Co----39 k
38
88k Apr. 30
1,185 68 Jan,
39% 4 0 V x37% 38%, 38 k 39ki 3 8 k 33%
Do
pref.
83
k
8
3
k
84
84
I
8
4
k
84
5% Mar. 17
904
3
k
Jan.
*84
84 k
3% North American Co.........
4 ,
3%
4
1 7 k Apr. 2
4 !
4
3%f
100
12
Jan.
4 I *3%
3%
*4
4 k,
Oregon
Im
provement
Co
*12
1
3
k
*12
1
3
k
19
Jan. 30
1
3
k
*1
2
k
S60
1
3
k
May
15
12k
:
14
'
12%
1
2
k
•13k 15
14 k 14 k • I lk 1 5 k Pacific M ail......................
2,000 79 Jan. 15 9 0 k J u n e 9
14% 14%; *14% l 6 ki 14 k 14 k
Pipe Line Certificates...
*90k
174
Apr. 13
•90k
*90%
*90%
264
158
M
ay
22
90
s.0 k! *90
•163 165 Pullman Palace Car Company
165
64 Apr. 26 67 Jan. 20
163 160 j 165 165 | 1 6 4 k 1 6 4 k
Silver B ullion Certificates..
2
0
k
Mar. 6
1
4
k
Jan.
3
9,082
1 9 k 2 0 k Tennessee Coal & Iron............
62 k M ay 2 71 Apr. 2
18k 18 k 19 k
18 k 18 k 13
Do
pref.
2 1 k June 7
6,025
1
5
k
M
ay
19
States Cordage C o .. . .
21k 19% 2 1 k United
20% 20% 20% 20 k 20k 20
240 33 May IS 40 May 11
20% 20% *20
Do
„ pref.
36
37k 89k 38k 38k 36
359 3 3 k M ay 22 43 Apr. 5
40
*37% 39% 38
*37
40
United
States Rubber Co
3
7
k
36
*36
39 ! *36
40
15,832 80% Jan. 3| 8 7 k Mar. .9
37
37
37
37
*36% 40
84% 8 4 V Western Union Telegraph.
7%

7%

7%

8%

8

8%

8
1
73% *73
64
63%
*50
49%
107 *106%
17% *17%
140 '1 3 9
78k| 77%
—

8k
7%
1
73%
72%
63%
64
50
50%
107
106%
17%
18
142 *139
78%! 77%

8k

7k
1
72%
63%
49%
*106%
*17
139
77%

7%
1
72%
63%
50%
107
17%
142
78

- H

84% 85%

84% 85%

85% 85%

85% 85%! 84k 85k

These wrebid and asked; no sale made.

li Old oartifloaies.

1 2d assessment paid.

1[ 4th assessment paid.

THE CHRONICLE.

1024

[VOL. LYIII.

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES
Active 8tocks.
f Indloatea unlisted.

1S h a r e P r i c e * — n o t P e r C e n t u m P r i c e * .
Saturday,
Juno 9.

M onday,
June 1 L.

Tuesday,
June 12.

7 7s
83g
7°8
8%
Atoll. T. & 8. Fe (.Boston;.100
7%
7 78
1%
Atlantic & Pao.
“
100
76
Baltimore & Ohio (Ball.) . 100
7314 73%
1st preferred
“
100
2d preferred
“
100
14% 15
15
15
15
15
Baltim ore T ra c'n .fP /n l.;. 25
206 206
r ....... 206
Boston A Albany ( B oston). 100 2 oe 2 0 0 %
190 190
189 18>*
Boston & L ow ell
“
100 186% 190
146 146
146 146%
Boston & Maine
“
100 148 116
11
11
11 % 11 %
11*4
Central o f Mass.
“
100 11
Preferred
“
100
78%
Chio.Bnr.di Onto.
“
100 "*78% ” 79is " 7 7 ^ ‘ 7838 77
603g 60%
597e 60%
Ohio. Mil. & St. P. (P h il.). 100
60&8 61%
"8 ___
* 8 % 10
Chic. & W. Mich. (B oston). 100
......... '50
......... -50
Cleve. <fc Canton
“
100
...... 2 ...... 2
P referred.—.
“
100
72
71
71
70% 71
Fitchburur pref.
“
100
Hunt. & B r. Top. (P h ila ). 50
49% 50
50
50
P referred
“
50 ......... 50
37% 38
37% 38
Beliigh V alley
“
50
3814 38%
Maine Central (Boston). 100
113% 113% 11334 111
Metropolitan Trae.(/7ti'0.10U 112% 113
*7
7%
M exican Cent’ I( . Boston) .100
*7
7%
9
N. Y.&N.E. ,t r.rec. “
100
Preferred .tr.rec. **
100
68% 68% *......... 68 % * ............. 6 8 %
Northern Central (B a lt.). 50
4%
1%
4%
4%
Northern PaolRo (P hila .). 100
4%
4%
1630 16% *16% r
17
17
Preferred
u
100
179 180
'180 . ..
Old C olo n y .-.. (B oston). 100 178 178
49% 49%
49% 49%
49% 49%
P ennsylvania.. (P h ila .). 50
Philadel. & Erie.
“
50
8% 8 ‘ 3lf
8%
8%
Phila. & Reading
“
50
89i(j
858
96%
98
98
Pklladelpliia Trae. “
50
9 6 78 9 6 78 96
Summit Branch (B oston). 50
1538 1538 15% 15%
15% 15%
Union Pacific
u
100
u232% ...
Umted Cos.of N. J. (Phila.) 100 *232% 23 21* *232 233
*1*3
2
Wes ter nN. Y. &Pa(Phila.). 100
*1%
1 78
1%
1%
m i a c e ii a i i e o u s S t o c k s .
102 104
100% 103% x99% 102%
Am. Sug'rRefin.H (B oston). . . .
94
95
92% 93% x 9 l% 91%
Preferred.........
**
201% 2 02 %
Bell T eleph one..
«•
100 199 hi 200% 200 201
23% 23»* *23% 23% *23% 23%
Boat & Montana
*
25
8 34
8%
Butte & B oston ..
“
25
*8%
9
*85a
9
272 272
Calumet & H ecla
**
25 270 270% 270 272
75
Canton Co........... (B a lt.).100 * 7 1
’......... 74
63% 63% *63% 63%
63% 63%
Consolidated Gas
“
100
47>* 47%
Erie Telephone (Boston) . 100
46% 47%
47
47%
3734 38
General E lectric.. “
100
36
37%
3676 37
70
Preferred........... “
100 *65 ......... *65
67
68
21
21
21
21
21
21%
Larnson Store Ser. **
50
51% 51%
51% 51%
51% 51*2
Lelii’hCoal&Nav. 'P h il.) 50
61
61
62
62
N.Eng. Telephone (Bost’n ) 100
*61 .......
North A m erican. (P h il.). 100
11% 11%
West End L an d .. (B o sV n )....
11% 11%
11 % 11 %
* Bid and asked prices; no saLe was made.

Inactive Stocks.
Prices o f June 15.
A lltn ta & Charlotte (Balt.) . !
B)3ton<fe Providence (-Bostore).l
C i uden & Atantio p f. (Phila.).
C isaw issa.......................
“
1st preferred.........
“
81 p r e f e r r e d .......
“
Central Ohio.............. (Balt.).
Chari. Col. & Augusta
“
1
Conueoticut & P ass. (Boston).1
C onnecticut E lv e r ...
“
1

Bid.

Ask.

Wednesday,
June 13.
8%
e.........
' .........
128
116
15
206
IBS

146
11

Thursday,
June 14.

730
830
8%
1%
73%
128
133
117
15
14% 1 4 70
206
208 206
........
198 .......
116% 116 146%
'l l
.. .
11

7738 78%
60%, 61%
*9
10
71

71

77% 78%
60% 61%
*9
lo
......... *50
..... 2
*71 ___

........ 50 1 .........
37%
37% 37%

50
37%

113% 113% 112%
7%
7%
7%
9%
93s
9%
*40
67% 67%
4%
*4%
4%
*17
17%
16%
179 179
178
49% 49%
49

113%
7%
9%
45

8i%ft 8i3je
98% 99%

4%
1638
180
49%

8% 8 l l i«
97
98

15% 15%
13% 15
233 233
233 233
* 1%
2
1%
1%

7%
*1
*72
128
116
14%
205
188
145%

96%
97% 101%
91
91% 91%
193 197
196
23% 23% *23%
9%
9
9%
270 272 i 270
*72
63% 64
63%
43% 44 I *44
36%
37
37%
*65
*20
......... 2 L
21
21
51%
52
* 5 0 % ........ *51
63
62% 62%
62
62%

Inactive stocks.

10%

Bid.

11

7%
1%
74
130
118
14%
206
....
146%

Range o f sales in 1894.
Lowest

Highest

30,798

7% June 6 16% Mar. 29
62% Jan. 5
1% Mar. 14
5 67% Jan. 4 81 Apr. 9
8 125 Jan. 17 129 Apr. 19
1 108 Jan. 31 119 M ay 12
2,406 14 Feb. 12 17% Apr. 9
122 200% Jan. 2 212 Apr. 30
30 182% Jan. 10 190 A pr. 23
39 126 Jan. 15 150 Apr. 17
*11
12
237 11 Jan. 20 14% Mar. 1<>
47
47
46 Jan. 3 49 Mar. 14
77% 78
18,385 73% Jan. 3 84% Mar. 21
60% 61
21,550 5430 Jan. 3 65% Apr. 6
10
12
10 June 7 25% Mar. 13
*50
*45 June 6 *50 Jan. 3
2
2 Feb. 24
2% Jan. 16
71
71
50 6 6 % June 1 81 Feb. 7
29% Apr. 25 35 Jan. 19
*49
50
10 47 May 7 51% Jan. 10
37% 37%
523 36 M ay 21 42% Mar. 13
111
111
1 0 101
Jan. 16 114 Apr. 5
112 % 112 %
1,685 x96% Jau . 6 122 Apr. 12
730
738
250
5% Jan. 2
9% Apr. 3
*9
9%
200
3% May 19 14% Jan. 23
*40
42
24% Mar. 20 41 Jan. 8
*67% 68
15 67 Jan. 30 68% Feb. 23
4%
4%
610
3% May 21
6% Mar. 21
15% 15%
761 13% May 22 23% Mar. 31
'179 180
123 170% Jan. 2 180 June 11
49
49%
2,313 48 Jan. 5 52% A pr. 7
*22% 25
21 % J an. 20 28% Feb. 1
7% May 21 11% Mar. 12
8% 8% e 11,061
96
97
4,861 89% Jan. 5 115% Apr. 11
f.........
6
4% May 24
7% Ma*\ 5
13
13%
8,284 13 June 15 22% Mar. 31
233 .........
7 227% Mar. 21 233 June 13
n%
1%
1% Jan. 12
31
2% Jan. 26

10078 102%
92
92%
197 203
23% 23%
9
9
270 272
......... 74
633* 63%
41% 45%
37
37%

11 %

SaleB
o f the
Week,
Shares.

Friday.
June 15.

11

93% 47,911 75%
9 L%
1,416 79
197
1,331 163
47< 23
2334
9%
8
605
272
11 270
74
66
63%
303 53%
45
1,031 42
37
3,846 30%
67
73 56
20%
240 12%
51%
333 50
63%
214 49
3%
9%
11
1,965

Ask.

Bonds.

Jan.
Jau.
Feb.
Feb.
Feb.
May
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
May
Feb.
Jan.
Feb.

109%
97%
203
29
11%
302
74%
66%

48
45%
75
26
55
63%
5%
12%

May 4
May 4
June 1 3
Apr. 5
Apr. 9
Jan. 18
Feb. 21
Apr. 8
June 6Mar. 8
Mar. 8
Apr. 77
Mar. 11
Ju n e1&
Mar. 19
Mar. 29

| Bid. Ask.

>j . . . . - I l l
100 1. . . . . .
0
81
At.Top.&S.F.l(jO-yx’.4 g .,ly 8 9 , JJtJ * 76%
,
) 250
1 114 j _
2d2% -4s, g., Class a T.1989, A&O * 28
1001-I1....... J 30
Boston United Gas 1st 5s............... § 83%
4 %,
7 6 % 76 %
) .........
2d mort. 5s.............................1939 4 63
0 51% . . . . . Burl. & Mo. R iver E x e iip t 6s, J&J I l l 6
30 | 31%
20
0 .........
21%
Non-exem pt 6s.......... 1918, J&J §105
14^ 15%
0 ......... 48
Plain 4 s......................... 1910, J&J $ 92
; .........
118 ; 120
Chic. Burl. & Nor. 1st 5,1926, A&O 5103)4
0 125% i2 6 %
126 1127
2d m ort. 6 s..................1918, J&D 01n 1
! ......... 120
3 230 235
Debenture 6s.............. 1896, J&D
j 105
3 .........
Ohio. Burl.& Quincy 4 b..1 ‘J 22,F&A
25
i 99 iio'o
J 12
Iow a D ivision 4s....... 1919, A&O
Preferred.................
“
1 ;
45
35
TerminaL 5s, g ........ 1941, Q.— E 1 1027ft 103%.
Chic.&W.Mich. gen. 5s, 1921, J&D
31
Har.Port8.M t.Joy&L. (Phila.).
) 82
Phil. Read. & N. E. 4 s............ 1942
35
Consol, o f Vermont, 58.1913, J&J
Kan. C’y Ft. S. & Mom. (Boston). 1 ) .........
8
6
8
Current River, lRt, 5 s ..1927, A&O
P referred .....................
“
i ) ___
25
2
Incom es, series B .................
5
Det. Lans.& N or'n M. 7s. 1907, J&J
Little Schuylkill....... (Phila.).
102
66)4 67
Phil.
Wilm.
&
Balt.,
4s.
1917,
Eastern 1st m ort 6 g.l906,M & 8
115%
Maryland Central___
(Balt.)
Pitts. C. & 8t. L., 7 s . ... 1900, F&A j 1
L5%
Iree.E lk .& M .V .,1st,~6s.l933, A&O
70
MLne Hill & 8. Haven (Phila.).
69
Schuyl.R.E.Side, 1st 5 g.1935, J&D 108
’
Unstamped 1st, 6 s___1933, A&O
N esau ehon ingV al....
“
1 ......... 54
8teuben.& Ind.,lstm .,D s.l914, J&J 108%
148%
United N. J., 6 g ............ 1894, A&O 101% _____
.........
Warren & Frank.,1st,7 s,1896,F&A 104%
North Pennsylvania. (Phila.).
86
Oregon Short L in e ...(B o sto n ;.
5%
5%
;., 7 s ..1907, J&J §
B o n d s .—B a lt im o r e . _
Pennsylvania & N. W . (Phila.)
Atlanta & Chari., 1st 7s, 1907, J&J 117)s 119
► .........
2
5
Incom e 6s................... 1900, A&O
98
P referred.................
70
71
Baltimore Belt, 1st, os. 1990, M&N 102% 103
2m ., 5—6 g .................1936, A&O j
.........
Sssboard & R oanoke.
102%
Baltimore & Ohio 4 g ., 1935, A&O 102
.........
1st preferred............
Pitts. & Conn., 5 g ...l 9 2 5 , F&A
45% 46
90
Staten Island, 2d, 5 g .1926, J&J
1st consol.incom es, 2 grnon-cum.j
Preferred.....................
“
77
1 76
Bal.&Ohio 8. W .,lst,4% g.l99 0, J&J 108
2d consol, incom es, 3s, non-cum.
54
55
W est Jersey................(Phila.).
65
CapeF.& Yad.,8er.A .,6g.l9 L6, J&D
70
L Y. & N .Eng,, ls% 7 s,19 05, J&J- <rl l l % T 1 2
West Jersey & A llan.
“
62
14
20
63
Series B., 6 g ................ 1916, J&D
109
l s t mort. 6s....... .........1905, J&J *
.........
W estern M a ry la n l..
(Balt.).
62
63
Series C., 6 g ................1916, J&D
2d m ort. 6 s.................1902, F&A '
101
......... ......... )gden. &L.C.,Con.68..1920,A&Ot ^
Wiim. Col. & A ugusta
“
1
Cent. Ohio, 4% g ............ 1930, M&S'
103
Wilm ngt’ n<fe Weldon
“
1
.........
Chari. Col.&Aug. 1st 7 s .1895, J&J 104% 104%.
Inc. 6 s ......................................1920 l
101
Wlsoonsln C entral... (Boston). 1
91
92
4%
5
Ga. Car. & Nor. 1st 5 g ..l9 2 9 , J&J
Preferred.....................
“ i
113%.
......... 25
North. Cent. 6 s................ 1900, J&J 113
100
2d, 5s........................... 1 8 9 8 ,F&A
W oro’st.Nash.&Roeh.
“
l
117
120
117 121
6s....................................
1904,
J&J
Bonds.—Philadelphia
1L4%
MI8CEM.ANF.01JS.
jglieny Val.,7 3-10s, 189“
Series A , 5 s...................1926, J&J 113
96, J&J
, 107%
A llonez M ing,asstpd.(Boston).
•25
•35
4 % s ............................... 1925, A&O
102%
Atlantic M ining.........
“
100
8
Piedm.& Cum., 1st, 5 g . 1911. F&A
8% .
C ity Passenger R R ... (Balt.).
5o% 51% <
Pitts. & Connells. 1st 7 b. 1898, J&J 11.1% 112
B ay State Gas............ (Boston).
8
8% *
, 120 Virginia M id., 1st 6 s .-.1906, M&S 114% 115
B oston L a n d ............
“
3%
3% 1
2d Series, 6 s..................1911 M&S 114% 115%
Centennial M in in g ...
“
*75 1-00 1
3d Series, 6 s ................ 1916, M&S 106
128
____
......... I
80
4th
Series, 3-4-5s....... 1921, M&S
108% .
l)o
do rights
....... I
5th Series, 5 s .............. 1926, M&S
03
93%
118% .
105
106
11
West
Va
C.
&
P.
1st,
6
g
.
1911,
j
&J
11% 1
100%
Franklin M in in g .....
•<
8% ] ..©high Nav. 4% s.......... 1914, Q7%
WeFt’E.N.C. Consol. 6 g.1914, J&J 104 104%
110
Frenohm ’n’sB a y L ’nd
“
2
1
Wilm. Col. & Aug., 6 s ..1910, J&D
115
2d 6s, gold ...................1897, J&D 107
Illin ois S t e e l ................
“
47
49
MISCELLANEOUS.
General m ort. 4%s, g . 1 9 24,0—F
Kearsarge M ining___
“
5
6
I jehighVal.Coal ls t o s ,g .i9 3 3 ,J & r l0 3 %
Baltimore—City H all 6 s. 1900, Q—J 111 111%.
25
M orris Canal guar. 4 . (Phi
F u n din g's...-.......... ..*,1900, Q—J 111
jehigli V alley, 1st 6 b... 1898, Jd
108
Preferred guar. 10.
“
100
112
W est MaryFd liR . 6 s .. 1902, J&J
2d 7s.............................1910, M&8 132
Osoeola M ining.......... (Boston). 25
19
19%
W ater 5 s .................... 1916, M&N 119>i 120
Consol. 6 ............ . . ...... 1923, J&D 120 121
Pullm an Palace C ar..
“
100 164
165
>forth Penn. 1st, 7 s ....1 8 9 6 , M&N 106
Funding 5 s ....... .........1916, M&N
Qulnoy M in in g .......
“
25
84
85
Exchange 3% s.............1930, J&J 100% 1 oT ~
Gen. M. 7 b-----------------1903, J&J L26
Tam arack M in in g ....
“
72% 73
158
.60
F
Virginia (State) 3s, n ew . 1932, J&J
ylvania gen. 6 s ,r „ !9 1 0 , Var .130 j*.
U nited Gas Impt.
(P hil.).. . .
62%
Chesapeake Gas, 6 b....... 1900, J&D 106
Consol. 6s, o
............1905, Var 120
W ater P ow er............. (Boston). 100
1 I 1%
Consol. Gas, 6 s .. . . . . . . . . 1 9 1 0 , J&D 1163s 117
Consol. 5s, r .................. 1919, Va.T
W esting.Elec. 1st pl’d. ( Boston; . 50
52
53
Collat. Tr. 4% g .......... 1913, J&D
5 8 .................................... 1939, J&.T 103% lO lH .
Assenting_____________ *<
. 50
36% 37% I
(Eqnitable Gas, 6 s ------,1 9 1 3 . A&O 109 110
124

* Price includes overdue coupons.

. „

Unlisted,

Bonds—Boston.

§ And aeorued interest.

t East price this week,

x ex rights.

J cne 16, 18941

THE CHRONICLE.

NEW YOKK STOCK EXCHANGE P RICES (Continued)—A C T I V E B O N D S

1025
JU NE lo AN D FOR Y EA R

1S94.

B aH-BOAD ajsi*Miser, l. BONDS. Tiller't Clp r ic e R a nge <sa les) m 1894. R ailroad and M iscel. B onds.
C losing
Inter't P ric e R a n g e (sa les) i n 1894.
r: P eriod J u n e 15 Low est. { Highest.
P er io d
Lowest.
H ighest.
Amer. Cotton Oil.deb,. 8g,1900 Q - F i 114% 111 Feb. 114% June ! Mo. Pae. ( C on .) —3d, 7 s...1906
At.Top&S,F-l._K)-}T.,4ir.l:^9:J & j : 76i»
67 Jan. ~"7 Mar. , Fao. of M o—1st, ex., 4 g.1938 31 & X
103 Jam 112 Apr
F
&
A
95 Jan. 100% May
- - --4S, g ., Cl, “ A” --------1939 A & o: 28%
28 June 38% Mar.
2d extended o s .........7.1938: J & J 99%
99 Jan. 106% Apr.
Col.Midlalul—foils.. 4 g .19-10 F A A 25 b.i 25 June 32% Mar.
St.L.&Ir.M t.lstext.,5s.lS97 F & A 103
Atl. i s Pa<?.—Guar.,4 g---- 183“ i...........1 47%
44 May 53% Apr.
100% Feb. 103 3q May
2d. 7 g ............................ 1897 31 & X 105 1 102
2%Jan.
W B. m e o i u e . t i - . . l y i o j * J ...........
6% Mar. !
Cairo Ark.&Texas,7g,1897 J & D 95 1 97 Jan. 109 Apr.
B r o o k l y n E le v .— 1 s t , 0 g . . 1 9 2 4 A <fc O
M
Mar. 103% May
______ _______
96
Gen.R'y
& land gr. ,5g,1931 A & 0
95 ________
Jtme 107 ___
Jan.'
77 1 71 Jan. 81 Apr.
union Elevated.—6 g __ 1937 M & y
90 !>.: 90% June 99% Apr. Mobile & (Jiiio—New,6 g?!i9 2 7l,
,, 114
J „& D
i 111% Jan. 117% May
Canada Southern.—1st 5s.l908 J & J 110% 105% Jan. i l l June
General
mortgage,
4s..
.
.193S:
m % «
57% Jan. 63 May
„ ad ,5 s...............................1913JI & f8 104%b. 102 Jan. 105% Apr! - Nash. Oh. & St. L .- is t ,7 S.1913'j f ^ 61%
Cent.Oa.--.8.&lV.lstf<m.r>s. 1929 ..
Jan. 130 May
Jan,
4-?>b- 32 Jan.
51 Apr.
Consol., 5 g .................... 192SU % o 130 b. 125%
C e n t r a l o l S . J . — C o n s ., 7 s. 1 8 9 9 Q —J
98 Jau. 102 Jan.
115%b.:112% Jan. 115 Feb. Nat’l Starch 3Ifg.—1st, 6s.l920!ivr 6 \- 101
88 Jan. 94% June
CoiisoL, 7s...................... 1902 M A- X 122 %b., 121 Feb. 124 Apr. N.Y. Central—Deb. ext. 43.1905 vr a- ir 94
General mortgage, •■>«... 1987 J A .1 116% 110% Jan. 116% June :j 1st, coupon, 7s................1903 j * j 103 b. 10 L% Jan. 104% Apr.
128
123 Jan. 128 June
L e H .& W .B ., e o n ., 7 s ,a s 'd .l 0 0 0 . Q— M I ............ 105 Jan.
111 May I Deben., 5s, coup.. 1S84..1004 -M
- & S 109
b. 107 Jam 110 Feb.
“
mortgage5s. 1912 M & XL 94 b. 100 Feb. 103% 3far. i XL Y. & Harlem, 7s, reg. 1900 31
&
X
116% Jan. 120% Apr.
Am, Dock & Imp,, 03___1921%! A J< 112%b. 108% Jau. 113 June ! R. W. & Ogd.. consol., 5S.1922
A & 0 116 b. 11334 Jan. 117 May
Central FaKiHe.—Uold, 63.1698 J A J 106%
103%-------Jan. 107% Apr.
,,
West Shore, guar., 4 s ....2361 j & r 105% 100%
Clies. & Obio.-M ort., 6 g.lU U A A O %%
Jan. 105% Apr.
% 115% Jan, 119% Mar. XL XL Chic. & St. L.—4 g . . . 1937:1 a q
97% Jan. 100% Mar.
1st consol., 5 g .............. 1939: M & X' I'J i -e. ltjl% .Tax,. 106% Apr. XL Y. Elevated—7s...........1906 j a t 100 %
112 % 10934 Jan. 113 June
General -Mas,*?................1992 M & s ’ 73%
72 Jan. 77% Apr. ; XL Y. Lack. & W.—1st, 6s.X92l!j a t
127% Jan. 134 June
R. <&A. Div,, lsteon.,1 it.llwti.[ & ,J 91 1)., 84 Jan. 92% May li Construction, 5s.............1923! p & A
“
2ii con.. 4 g. 1989.1 & J
85 a.: 78% Jan. 88 Mar. : X.Y.DE.&W.—lst,con .,7g.l® 0 M * 8 133% 110 Feb. 11334 May
131% Jan. 137 Apr.
EUz. Lex.4sBig8uu.-og.iy02 M i 8 97 b. 98 Jan. ,100%
Feb.
2.1 consol., 0 g
I960: j A r>
170 May 86 Mar.
Clue, Burl. & <4 —Colt., 7 s.1903 I A J 123% 1119 Jan. 123% June ! I,oug Dock, consol., 6s,g.l935 a a o
%b, 125 Apr. 129 May
Debenture, 5s......... ....... 11113 >1 a \
98% s 97 Fob, 102 Apr, N. Y. Out, t&W.—E et.4s,g.l99‘2|vr a e 128
85%
82% Jan. 86 May
Convertible 5 s................m w m A 8 104% 101% Jan. 105 Apr. I Consol., 1st, 5s, g ........... 1939 j a n
107 Jan. 11034. May
Dcuvcr Division 4s........ 19221' ,v A
94% , 90 % Feb. 94% Apr. X.Y.Sus.&W.—lstref.,5sg.1937!,j & j 108%
106%
104%
Jan. 107% Apr.
Nebraska Extension. 4s. 1927 M & x 89 b. 85% Jlu, 92% Apr,
Midland of X. J., 6s, g. ..1910 A a q
115% Apr. 117% May
Han ,V8t J oo. -tk)iis..iu h h i .Ma 5 119‘ i 115% Jan, 119% Fib. Xorf.&WL—100-year,os.g.lfSOtj a j
74%
Apr. 74% Apr.
Chie. * E . Ill,—1st,». c ,i;. 1907 J a- i > 115 b. .1 .1.1 % Jan. 118 May
Md.ifcWash.Iiiv.—lst,5 g .l9 4 1 :j %
78% Ai>r. 81 Apr.
C o n s o l., 6 g ............................1 9 3 1 A i O i 121
b..118% Jan. 123 June So. Faciltc—ist.coup., 6 g.1921 j & j 111% IO
534
Jan.
Mar.
General couw !.. 1st, 5s .1937 51 & >■ 08 %
General* 2d, coup., t i g . 1933!A & O 77 b. 77 May 114%
97 May 101% Apr.
89% Mar.
Chicago & Erie.—1st., 5 g.1982 M A X
General, 3d* coup., 6 g.-1 98 7 !j & j ) 55
91 % June 100% Apr.
52%
Jan.
64%
Apr.
Income, 3s................... .. 1982 <let.
29*sb. 31% Jan, j 35% Apr.
Consol, mortgage, 5 g ...l9 8 9 ij <&x> 27 b. 25 May 34% Mar.
Clue.Gas L.&C,—ls£,5 u . . 1937 J A J 83 *v 82 Apr. i 88% Jiuii
Col. trust gold notes, 6s. 1898'm A X
C !i i c .J l t l . A - M .F .—C o u . 7 3 .1 9 0 5 J A .! 120 b. 126 Feb. 130% Apr.
Chic. & N. Pac., 1st, 5 g.1940U & O t 45
43 Jan. 48% Apr.
1st, Southwest Div., 98..1909 J * J U 5 ^ b . U 2 Jan. 110%Mav
Seat. L. S. ct E., 1st, gu.6.1931 F & A
140 Jan. 55 Apr.
1 st, 80, Minn. Div., 6«...19I9U A J 113^ 111% Jan.
7 Apr. ?fo. Pacific & Mont.—6 g .. 1938 M & S 28
28 June 38% Mar.
1 « . Cl*. A- Pae.W JMv.,5#. 1921 *J & J i l l b. 10? Jan. 111% June So. Pacific Ter. Co.—6 g.„1938 J & J 100
95 Jan 1013± May
CMC. A Mo. Bit*. D i v . , I S i a t i J &
LOS^a. 101% Jan. 308% June Ohio <fcMiss.—Con. s. 7 s.189S:j m j l l l % b . .106
J an. 111 % Junei
W is e . & M in n ., D i v ., 3 g . 1 021 J A
108 b. 101 .Ian. 109 May
Consul., 7s...................... 1698IJ & j
% b . 106 Jan. ;1 1 1 73 June
Terminal, 5 g . . . .............. 191 i J a
100 V i. 106 Jan. 409% June Ohio Southern—1st, 6 g . .. 1921 *j & d lll
92
91 May I 97 Mar.
Gen. >f., 4 2 .. aerie* A.,.1.98Si(J A
02%
oo Jau. 92% June
Geueral mort z g #, 4 g... 1921 ax & x
42 May 48% Jan.
Mil, A Nor.—l.»t,e»«., 63.19133 A
........... 112% Jan, '118 Apr. Omaha A' St. Louis—4 g . . . 1937ij & j
'
42 Fcli. 50 Apr.
Chit. & XL W.—CousoL.7s.19i5' Q—
U o% a.i:;is Jan. 141 Mar. Oregon Impr. Co.—1st, 6 g.1910 j & I> *45%
100
%
92%
Jan. 103 Apr.
Coupon, void, 7s..............1902 J Lfc D ........... 121% Jan,
127 May
Consol., 5 g . . . . ............... 1939 A & O 55%
46 Jan. 60 Mar.
Sinking fund, <j»..............1929 A A O HO b . u s Jan, 121 Apr. Ore. R.A Xav.Co.—1st, 6 g.1909 j & j 105
102%
May
108 a4 Mar.
Sinking fund, 5 » .............. 1929 A A O 110
107% May 112 Mar.
Consol., 5 g ..................7.1925 J
62
60 Jan. 74 Apr.
Sinking fund.deben.. 5 . 1933 .M* .V 110 b 100% Jan. 112% Apr. Penn. Co.—4% g., coupon.1921 j & j
106
Jan.
113%
May
25-year debenture, 5*.. .H*0i> M A x 100% 104 Jan. 109 Apr. Peo. Dec. & Evaxtsv. - 6 g.1920 j & J 87
74 Jan. 87% May
Extension. 4 * ................19a# F A A 98 b.j 97 Jan, 100 Apr.
Eyansv. Division, 6 g ...l9 2 0 M & 8 85
74
Mar.
87
May
Chic, Seo.&SLl.ouis—5 g.t§SH<H A 8 70
2d mortgage, 5 g.. . . . . . . . 1926 AI A x
19 Jan. 28% Apr..
Chic. K.I.&Far.—*5»..eouji 1917 J A J 127 b. ET"
3 Jan. 129 Apr. Phil a. & Read.—Gen., 4 g.1958 J A J 76!%
67%
Jan.
78
Mar.
Extension anil mi., 5«...1934L( & J 103 b. 07 H Jan. 104 Apr.
1st pref, income, 5 g.__ 1958
29%b. 28% May 39% Mar.
30-y«:ar
S n ... iy*21:M & jg! 91% !, 90% June 95 Feb.
2d pref. income, 5 g . __ 1958
2038a, 18% May 27% Mar.
Chle. St. P. M, O. —1»~
j & I) 121 b. 1 19%
Jan,
3d pref. income, 5 g ...._l9 5 8 ..
_0
317a
13% May 21% Mar.
0*» vtlM id Se Cautou.—oH.. 1017 J & J
Mar. ( 84 ‘ Jan. Pittsburg A Western—4 g .1917 j A j
85 a. 80% Mar. 88 Apr.
131%b. . . . . .
Rich. & Danv.—Con., 6 g.,1915 J A J 1173*1). 106% Jan. 118
June
. V M i J & j 122 %!>.; 117 Jan. *120 '‘ Mar.
Consol, 5 g ......................1936 A A O
b.;f05 Jau. f74 Apr.
C.C.O.& st.L.—Pe«.d:E,, 4 i*M0 A & O 72%b.| 72 Jan. j 8482 Apr. ! Rieh.&iV .l'.Ter.-rrust,6g.l8S)7|F & A it 71
55 b.it40 Jan. t57% Apr.
4 s . . . . . ----. . . . . . I960) A pri t, !
Jau. 1 20 Apr.
t<m. l»t * ool.trust,5 g . 1814 m & S i 25% 1,0
i 18 J an . 127% Apr.
C o t C*u*i & Iron.—6
19<hj F A A i b o a, | 95 Jan. 1100 May Rio fir. Western -1 st, 1 |-I93«|j & J 08
65 May 71 Apr.
Col.H.%*#LAT©|.—C4)U.»5|j. 1031 M A S|
3 May j 91 Feb. tit- Jo, & Or. Island—6 g..l925|M & x ! 61
64%
|
62 Mar. 69% Apr.
ttm em X * e >f,. *............. I *km .r & i>
i June : 05 L» Feb.
. L. A San Fr.~6g.,Cl.B.1906 M A N 112 b. 101 Jan. 1113
" “ Apr.
IX*n vttr & Kin Q r.—1st, 7 g. li'Ou M A >! U 3 b.itKi May |11S*Sj May
6
Class C......... ........ . 1906 M A N 112 b. 101 Jan. f113 Apr.
us*ti*eL 4
. . . . . i him .1 a ,j i 7B%b.l 727 i May i 79 Apr.
General mortgage, 6 g. .1931 ij A J 94%b.
Jan. 98 Apr.
R* t Ik City a . A lv v im -tii;,lin :> J A Jj — ,, , J go Jaw. ! 50 J an. [St. L. So. W est—1st, 4s, g.X989lMA X 55 %b. 82
55 May t 62% Apr.
tH't. Mat*. A M.—Jul.ittaii(4.1911 A k O
3 an. ! 27%i Apr.
2d, 4s, g., in com e.____..1989.J A J
15%
14% May I 20% Apr.
S
A%h—u
..........
..... ..if..- .1
. -....mi... _ J 100% b.j oil Feb. T02 Apr. St.P.M.ArM. —Dak.Ex., 6 g. 19HIM A N
_ M_I
,$k*..m
115%
Jan. ’121 Apr.
E. Tenn. V. ACi a, —
M & X 07 “g j
i Jan. 101%sApr.
1st consol, 6 g ................1033 J a J
115 Jan. 122 Mar,
KnaJcrliJe
,1,401. J A
........” ‘ ' A' J108 b.
Jan. 1108 May ;
“
reduced to 4% g. J A J 101 %b. 97% Jan. 101% June
Ft. W. <tr
g . . 1921 J A* li 71
m
3 an. ’ 79%! Apr.
Montana Extension, 4 g.l,937i j a D S6 b. 84 Jan. 89% Apr.
t ia i. 11.4sSan An.* M .& L p j a t / n c M A .X
00%h. , oo May ; 02%: Apr. ;Han Ant. A A, P.—1st,4g.,gu.,‘43 J A J 54%
50% Jan. 59% Apr.
Oeu, E leetfic. *1
•
1»22 J A. D 86%b.;: 08 3 an. I 80 M ay
105 Feb. 110 Feb.
Iltuin. j* T. *>n t,,
.192 .LA & ■ 02%bJ: oo Jan. ■
! 66 Mar.
T
i
"
b
.
,
91
Feb. 94% Jan.
llt ls o b O n tfa L - 4 if.. . . . . 1052 A A O 1 m b. 100 Feb. 102% June Ho. I’acillc, CaL—6 g ....1905-12! A A O 107%b. 107% Apr.
108% Mar.
Hft. # B r m tM
110 Jan. :;116 A pr.
1st consol, gold, D g.......10381A A O
85%
May
98 Apr.
2 d 4 5 .::..
.1009 M & si 62 b.i 01 Mar. j 08% Apr. Ho. Facme, N, M.—6 g .......1 9 1 l!j A J
97 b 95% Jan. 98% Apr.
H
•1938SJ & D 0 1 % i 80 Jau. j 05 Apr. Tenn.O. I. A lly.—Ten.D.,lst.6 g A A O 81 b, 75 Jan. 85% Apr.
King-* C«. Elcv.—iwt, 5 g,.
70 Jan. \ 85 Apr.
Biriiilngham Div., 6 g ...!9 1 7 J A J 86
77 Jan. 87 Apr..
0 M.—l i t , 5 g . . . . u n i t Q—F j 6 *;% : 81 Jan. j 80 Apr. Texas A Pacific—1st, 5 g“..200O J A D 81
72% Jau.
85 May
l.aki' f.rie A IV* » * . - 5 g . .. .1937 J A J 115 b. 110%iJ an. i115% Apr.
2d, Income, 5 g.. . . . . . . . ..20OO March 22 b. 17% Jan.
26% Apr.
JL Hlictfife.."—C?bn. ep», I at, 7 » -4900:3 A Jj 121
118 Jan. I121% May Tol. Ann Ar. A N . M .—6 g.l924!M A N
55 Mar. 70 Apr.
Q & tm & h 0sM .it.t M . ?* ..... 1903.3 A D X23 a. 122
Jau. 125% May Toledo A Ohio Cent.—5 g. 19351J A J
104 Jan. 108 May
3Lo«it Lslund*—i wt m u . , 5 %..10311 Q™J |
113 Jan, 116 May Toledo Peo. & West.—4 g.l917 j a J
78% Jan.
84% Mar.
Gtiicral ni'.*rtg»g«* 4. g . . 1938 J A 1) 98 b. 93% Feb. i 99% May Tol. 8t, L. A Kan. C —6 g,.103L6 J A D 60 a. 58% Jan. 164 Apr.
Ewiia. A **
CoiW., 7«. 1898:A A O l 111 %a. 109% Apr. 113% Mar. Uiiiou Pucitic—6 g -......-.1 8 9 9 'J A J 106% 105 Jan. 111 Apr.
K. 0 . & Mobile, D l.iir . 1930 J & J. 117 b. 13 2% Jan. 117% June
Ext. sinking fund, 8.......1899 M A S
95 June 103 Feb.
"
"
2 d, 6 g.. 1930 3 A J
Jan. i104 Apr.
Collateral trust, 4% ...... 1918 M A N
40 May 49 Jan.
GciUTiii. 6 g .................
Jan. j116 Mar. ; Gold 6s, col. trust notes. 1894If A A
82 Jan. 92% Apr.
Cidiled, 4 g ........ ..
Jan. j 77% Apr.
104OJ A J| 72%l*.
Kan. Pae.-Den. Div., 6 g.L899 M A N 106% 101 Jan, 109 May
.FLA 81i,~l*t.ict*L.5 M.’3T F & Aj 84
Feb. ' 90 Feb.
1st consol, 6 g ....... ...1919 M A N
74
74 June 97 Mar.
Kentneky Central.—4 198
Jan.
j 85 May
84
Oregon Short Line—6 g..l922!F A A 79%
Jan.
70
92% Mar.
Lou I*. X. A. A Cb.—iat.^5.1910 J
112
108 Jan. j 113% Mar.
Or.S.L.AUfhX.—Con.og.1919 A A O 48
47 Juue 56% Apr.
Con#oL, t i g .......................1910 A A U
*•} 83 J une 100 Mar.
Il.P.Den.&Gulf,con.,5g.l939!J A D 38 a. 35 June 48 % Apr.
Lotii*. St. L. A Texas.—6 nr, 1917 F A A
/ 55*i Jan. ! 61 Apr. 0. S. Cord.—1st col., 6 g . . l 9 2 4 J A J 84
70 May 87% June
Metro. Elevated.—1st, t> ic.1908 J A J 1 2 1 % T ie Jan. !121% Tune Virginia Mid.—Gen.M., 5s. 1936 M A N 87 b. 70 Jan. 90 Apr.
24, 0#.................. . .. . . . .1809 M A X 108% 107 Jan. 111 Apr.
“
“
stamped guar.. M A N 87%b. 72 Jan. 90 Apr.
110^ May 124% Mar. Wabash—1st, 5 g ...............1939 M A N 103% 102 Jan. 107% Apr.
Mk'ls. Cent.—lit,eon#,,7«. 1902 M A X
O m m h t 5 * . . . . . . . . . . . . . . . 1902 M a N':
106 Mar. j107 May
2d mortgage, 5 g............ 1939 F1 A A
74 %b. 70 Feb. 79 Apr.
Mil, f^ike8b.AW.—Ut.Og. 1921 M A X
Debent. M., series B .......19394! A J
124 Jau. 130 Apr.
21 Mar. 28% Apr.
105% Feb. 109% Apr. West. X. Y. A Pa.—1st, 5 g.1937 J A J 100 %b. 98% Jan. 101 % May
Extern, A Im p .* 5 g , . . . . 1920> F A A .
M^.K. A E..—l#t 5% *r., ga, 1942' A A Of
70% June 83% Mar.
2d mortgage...................1927 A A O ! 2 0 %
18% Feb. 22 Jan.
M, E. A Texa#, —
g„ 1990 3 A Hi 79% j 78 Jan. i 83% Apr. West. Un. T el—Col tr.,0s. 1938 J A J: 109
103 Jan. 109 June
24*4#, g ........ .
1900 F A A 42 %b I 41 Feb. ! 48% Apr. Wise. Cent. Co.—1st, 5 g ..l0 3 7 J A Ji
64 Feb. 76% Mar.
Mo. Fae*~~~1st, eon,. 0 m. ...1020'Mi A If • 93 %b 1 87 J an. 101% Apr.
Income, 5 g ...... .............1937!........... j
13% Feb. 18 F eb.
indicates price b i d ; “ a” price a n ted ; the range is made up from actual sales only. * Latest price this week. t Trust receipts.

NEW YOKK STOCK EXCHANGE PRICES .— S T A T E B O N D S J U N E 15,
8 E* 'I; RfTI KH.

8ECDE1TIE8.

Bid.

Claw* A. 4 to 5.......1U0> >02
CiXM B, 5s ............................1806 xoa’
Clxs. €. 4s............................1006 03 100
aS
C a rrm ct ftmdlnk 4 . ...........1H20 93
8
2
Arkansas—6«, faaatHwb 1800-1000
l i. N-r. H:>ir<.r,i 150
? « ,Att«risa>Ceatral K H ..........i 2 12
twilsinriH -7 » ,e o o * .......
1011 110
95
w oohoi.- 4 s ......---- ... 1914
MIn.ottrt—Fuufl. ... ..1894 1996* 100
A

w

North Carolina—6s, old..........J&J
Fundmi; act.......................... 1900
New bonds. J & J ........1892-1898

Bid.
30
10
15
2%

Ask,

SECURITIES.

Bid.

Tennessee-6s, old........ 1892-1898
60
6s, new bonds........ 1892-8-1900
60
do
new series...............1914 60
ClLatham R E .......................
Compromise, 3-4-5-6s.......... 1912 70
5
Special tax, Class I............
New settlement, 6 s ............. 1913 102 % 1031*
Consolidated 4s....................1910 i o i
5s...................... - ................... 1913
103
6s............................................1919 124 127
3a........................................... 1913 79% 80
Sin do 1slam!—6r, con ..1893-1894 100
Virginia funded debt, 2-3s-..199l 59
60
Soutb Carolina—483, 20-10.. 1933 101% 102 \
Cs, deferred bonds......................
6s, non-fund........ ................. 1888
6s, deferred t’atrec’ts, stamped.
8
1% 2%

THE CHRONICLE.

1026
GE N ER A L

QUOTATIONS

OF

VOL. LVIII,

STOCKS A N D

BONDS.

other qiiocatloas are fraqusuffv m i le psr sh ire,
ltd; “ g 'd ,” for guaranteed; " e n d .,” tor endorsed; “ oons 1
fo r consolidated; “ oonv.” for con v ertible; “ s. f.,” for sinking sand; “ 1. g „ ” for land grant.
Quotations in New Y ork are to Thursday; from other oitles, to late m ail dates.
S u b s c r ib e r s w i l l c o n fe r a fa v o r b y g iv in g n o t ic e o f a n y e r r o r d i s c o v e r e d In t h e s e Q u o t a t io n s .
U n it e d St a t e s B o n d s.

U N IT E D S T A T E S B O N D S
2s, option U. 8., reg................Q—M
5s, 1904...........................r e g ...Q - F
5s, 1904........................c o u p - .Q —F
4s. 1907...........................re g . . . Q—J
4s, 1907......................... o o u p .- .Q - J
6 t, Onrrenoy, 1895....... r e g — J&J
6s, Onrrenoy, 18 96....... re g -----J&J
6s, Onrrenoy, 1897....... re g — J&J
6», Onrrenoy, 1898....... reg— J&J
6t, Onrrenoy, 1899____reg-----J&J
S T A T E S E C U K 1 T IE S .
labama—Class“ A ,” 4 to 5 ,1 9 0 6 ..
Glass " B , ” 5s, 1906...................
Class “ C,” 4s, 1 9 0 6 .................
Onrrenoy funding 4s, 1 9 2 0 ...
A 'kan.—6s, fon d., ’99.H olford. J&J
6s, fund., non-H olford.......... J&J
Ts, It. K. & F t. 8.ie8ue,1900.A & O
Ts, Memphis & L. B ., 1 8 9 9 .A & O
fs .B .B .P .B . &N. O., 1 9 0 0 .A & O
Ts.MI bs.O. & B . B iv .,1 9 0 0 .A & O
Ts, Ark. Central B E ., 1 9 0 0 .A & O
Oonnectlo‘t-N ew ,rg.,3k8,1903. J&J
New. reg. or coup., 3s, 1 9 1 0 .......
Dlst-Ool.—Cons.3-65s.l924,op.F&A
Nater stock, 7s, 1901....................
Florida—Consol, gold 6 s ....... J & J
Bsorgia—4 k s , 1915................... J&J
31*8,1917 to 1936..................J&J
Indiana—Tem p’y loan .S ks, 1895..
Befnndlng, S’-ss, 1895...................
State House, 3 k s , 1895...............
Louisiana—Consol. 7s, 1914. ..J&J
Stamped 4 p er cent, 1 9 1 4 ....J & J
New consol 4s, 1914.............. J&J
Maine—New 3s. 1899 1 9 2 9 .... J&D
Maryland—3s, gold, 1900.........J&J
8-65s, 1899............................... J&J
Massachusetts—3ks, 1 9 1 3 ... F&A
5s, gold, 1897.......................... M&8
M lnnesota^3ks.................................
Missouri—Fund. 6s, 1894^95...J&J
New H&mpsh’ e—6s,Jan.,1895.J&J
War loan, 6s, 1905............... J & J
No.Carolina—6s, old, 1 8 86-’98. J&J
6a, funding act o f 1 8 6 6 ,1900.J&J
6s, new bonds, 1892-8............ J&J
6s, Chatham B B ..................... A&O
Be, special tax,class 1,1898-9A&C
is , new, cons , 1910............ J & J
6 s ,1 9 1 9 ................................ A & O
Penn.—4s, reg., 1912...............F&A
Anode Isl’ d—6s, A ug., 1 8 9 4 ...J& J
Bouth Carolina—6s,Non-fund.,1888
4 k s , new issue 1933..............J&J
Bine consols, 4 k s , 1928....... J&J
Bo. Dak. 3 k s , ref., reg., 19 12.. J&J
Tennessee—6s, unfunded.......... J&J
BtCompromlse, 3-4-5-6s, 1 9 1 2 ..J&J
h Settlement, 6s, 1 9 1 3 ...._____J&J
Settlement, 5s, 1913................J&J
^Settlement, 3s, 1913................J&J
Virginia—1. d., 2-3 b, 1991
J & J
6s, deferred bonus...........................
Do trust receipts, stam ped___
Hew 3s (Biddleberger), 19 3 2. J & J
I I I Y NEC U H I T I E S .
A lban y,N .Y . ie ,lS 2 0 t o ’ 30.M&N5
Allegheny,Fa.—5s,ep., ’95 -97.Par.
4**s, coup., 1 9 0 0 .............
Var.
|AUegheny_Co.,5s, ep., 1913.J&J
4s. Court House. 1908, re g .. J&J
A ltoona, Pa. —8.D . 4s, 1 9 0 4 -2 4 ...
Asheville, N. C., 5s, gold, 1911. J&J
Atlanta, Ga.—Water 7s, 19 04.. J&J
6s, 1 8 9 5 -6 .................................J&J
6s, 1914-15................................J&J
41*8,1916..................................J&J
Auhura, N. Y .—4s, 1923............
Augusta, Me.—6s, 1905, Fund .J&J
Augusta, Ga.—6s, 1 9 0 5 .............J&J
Baltimore— is, water, 1 8 9 4 ... M&N
6s, 1900.................................... Q—J
6s, W est. Md. B B ., 1 9 0 2 .... J&J
6s, 1916................................... M&N
4S, 1920.................................... Q—J
31 *8,1928................................. J&J
Bangor, Me.—Water,6s, 1905. J&J
Bath, Me.—6s, 1902................... Yar
5s, 1897..................................... J&J
48 ,192 1..............
J&J
Bayonne, N. J.—5s, 1895................
5s, 1911............................................
Belfast, Me.—68, railroad a id ,’9 8 ..
Birmingham, A la.—5 g., 1920. A&O
Boston, Mass.—Water 6s,1906 .V ar
6s, 1903.......................................
5s, £ , 1 s0 2 .................................. .
W ater 5s, gold, 1 9 0 6 .............. Var
W ater 4s, 1 9 1 7 .........................Var
4s, 1923............................................
Water Shis, 1917....................A&O
3 s............................................ A&O
B ’k ly n .N .Y —B’ge7s,1915 24.J&J
Park 6s, 1924...........................J&J
Bridge 5s, 1919........................J&J
Bridge 4s, 1926........................ J&J
Water 3s, 1905........................ J&J
Public Market 4s, 1920-23..........
Buffalo, N .Y.—'78, 1924-5.........J&J
Butte, Mont.—6s, 1902-1912..J&J
Cambridge,Mass.-Water6s,’96. J&J
City 6s, 1804............................ J&J
4s, 1924............................................
Water 312s, 1 9 1 1 ..................... Var
Camden, N. J.—7s, 1 9 0 3 ........... J&J
Charleston, 8.C.—Conv.7s,’97. A&O
Conv. 4s, 19 09......................... ,t* j
IStt* P a c e nominal.

Bid.
96
117^4
117%
112%
114%
lo o k
103*2
105 k
107k
110k

Ask.

118%
U 8k
113*4
1L5

102*0 103
103
100
93
93*0 95*2
10
2
150
10
5
5
5
8
5
2
12
5100
4 95
110
115
99

97^
100
10 6 k
105Sj
101k
125

127
116is
101*2

212
99
101k

100
60
...
70
102% 103
102
79k 80k
59% 60
7
73
100
100
100
102
104

8
73k

104

>98"

118k!
io o ts
112ia
iT sik
1O8 I2
100k!
120
107
103
98k
107

125 k

105
121
109
100

C it y S e c u r it ie s .

Bid.

Chicago, IU.—7s, 1899......................
7s, 1 8 9 5 ............................................
4 k s , 1900.........................................
4 b, 1911............................................
4s, World’s Fair. 1921.......... J&J
Cook Co. 4*38, 1900........................
West Chicago 5a, 1899
Lincoln P ark 7 8 ,1 8 9 5 ...................
Sanitary Dist. 5s, 1912.................
Cincinnati, 0 .-7 * 3 0 8 , 1902 ...J & J
78, 1908......................................Var
6s, gold, 1906........................ M&N
4s, 1905...................................... Var
4s, 30-508, sink, fund, 1931. J&J
5s. 30-508, sink, fund, 1930. M&N
Cleveland, O.—7 b, Sept., 1896. M&S
6s, 1900....................................M&S
58, 1896................
5s, 1907....................................J&D
Funded debt 4a, April, 1902. J&J
Columbus, Ga.—7 s ..................... Var
5s
Columbus, O. -4*28, i*902........ J&J
Covington. K y .~ 48,19 27,new.J&J
58, 1920.................................... F&A
8s, 1899.................................-..J& J
Dallas, T ex.—5s, St. Im p’m ’t, 1928.
5s, water, 1920...............................
Denver.Col.—Pub.im.4s,1904.M&S
Duluth, Minn.—48, 1920.......... J&J
48 1 9 2 1 ...
Detroit, Mich.—78, A u g.,18 94.F&A
68, W. L., 1906........................ J&D
48, 1922 ...............
4s, gold, 1923.......
3*28, 1911.............
J&D
Elizabeth, N. J.—New 4s,1922. J&J
Evansville, ind., oomprom. 4e,1912
Everett, Mass.—4s, 19 24.................
Fall River, Mass., 5s, 1898..............
Fitchburg, Mass.—6s.’05,W .L .. J&J
Galveston, Tex.— 5s, 1920.......J&D
Gr’nd Rapids, M ich.—5s, 1904. J&J
Harrisb,, Pa.—Water 6s, 1903..J&J
H artford, Conn.—6S, 18 97....... J&J
Towns, 3s, 1 9 0 9 ...........................
Haverhill, Mass.—4s, 1 9 0 2 ...A&O
A&O
4s, 1922.............
Hoboken, N J —Im p,6s, 1898.J&D
do
5s, 1901........ M&N
Houston, T ex.—6e, 1918,
6s, 1912.........................
Compromise 5s, 1918.
Indianapolis, I n d .-“ D” 7*3,’99. J &J
6s. 18 97..................................... J&J
R ef und'ng 4s, 1924
Jersey City 5s, 1923...................
.106
Assessment 5s, gold, 1924___
7s, 1 9 0 5 .................................... Var
Water 7s, 1904........................ J&J
R ef unding water 5s, 1 9 1 6 ..........
Water assess.,5s, 1916.........A&O
W ater 5s, 1923..............................
Hudson County 5s, 1905___M&S
K noxville, Tenn., 5s, 1 9 1 0 ___ J&J
Lawrence,M ass.—6s, 1900 ...A & O
Long Isl.C i y ,N . Y .—4*28, 1912-13
Louisville, K y .—7s, 1903.......... Var
6s, 1897........................................Var
20*408, 5s, 1920..................... M&N
4s, 1923..................................... J&J
Low ell 4s. 1920..........................A&O
Lynn, M ass.-W .L.,6s,July,’94..J&J
68, 1896...........................................
5s, 1905....................................M&N
4s, 19 04...........................................
48, 1914............................................
4s, 19 03............................................
Macon Ga.—6s, 1909........................
Manchester, N. H .—6s, 1902.. J&J.
4s, 1 9 1 1 ............................................
Middletown, Conn.—3*65, 19 15___
Minneapolis, Minn.—7s, 1901.J&J
4*28, 1912-15...................................
4*28, 1913....... ......... ......................
4s, 1915............................................
4 e, hospital, 1922...................J&J
4s, 1922............................................
Milwankee.Wis.—Water 7s,’02. J&J
5 b, 1912............................................
5s, averaging 10 years.................
Water 4s, 1906-7.....................J&J
Nashville, Tenn.—5s, 1900..............
Sewer 4%s, 1923............................
6s, 1895............................................
6s, 1399............................................
6s, 1 9 0 3 ..—......................................
Newark—4s, 1908 ..................... A&O
4*«s, 1918............
5s, 1909.................
6s, 19 10...................................... Var
7s, Aqueduct, 1905.................. Var
New Bedford,M ass.—6s,1909. A&O
5s, 1903............................................
5s, 19 04............................................
3*28, 1910................................ A&O
N. B runswick,N .J.—7s,water, 1904
6s, 185)8........................................Var
6s, 1906............................................
New Orleans, La. Premium 5s . . .
Cons. 6s, 1923,ext. Grossman. J&J
4s, 1942......................................J&J
N.Y. City—7s, 1900.................. M&N
6s, 1900....................................M&N
6s, gold, 1 9 0 1 ........................... J&J
09, 1896............................................
5s, 1908....................................M&N
5a. gold, 1896.......................... M&N
3**s. 19L3.........................................

§ Purchaser also pays accrued interest.

e

In London.

Ask

110
122 %
131
118%
102*4
112

i07
114
103
116
104

99
12*6 '

107
105%
12I*s
100
108

102*2

107

119
108
1*5*4
100*4
100*2

100*2

Li 5

ii6 ”
102

i*6o“

, 164*2
l 1033s
|10134

106*4

Cit y S e c u r it ie s .

Bid.

Ask.

N. Y. City.—(Continued.)—
38. school, 1908...............................
3e, 1 9 0 7 ......................
A&O
Norwich, Ct.—5s. 1907..............A&O
Omaha, N eb.—P aving 58, 1 9 0 5 ___
5s, 1912. .........................................
109*4
•*B, 1896 ....... ...............................
101
5s, 1897............................................
10130
58, 1898............................................
10130
4*28, 1 9 1 0 .................................J&J 102
Paterson, N. J .—7s, 1 9 0 0 ................. >112
6s, 1901............................................. >109
4s, 1908............................................. 100 103
Petersburg, Va.—6e, lo n g .........J&J 106
Philadelphia, Pa.—6s,1896___J&J 103*4
6s, 1901...................................... J&J 117
Pittsburg, Pa.—5s, 1913.......... J&J 120
78, 1912....................................... Var 135
4a, 1 9 1 5 .................................... J&D 108
6s, Consol., 1904 reg ..............J&J 115
Portland,Me.—6s, RR.Aid,1907M&8 >121*4 123
4s, funded, 1902-1912.........J&J 1101 *c 102
4a, 1 9 1 3 ................................... M&S >102*2 103
Portland, Ore.—Gold 6a,1920.M&N >124% 127
30 year 5s......................................... 412
112*2
Portsm outh. N .H.—6a, ’97, RR. J&J ^106*4 106%
Providence, R .I.—5s,g.,I900....T& * >107*2 108
5s, gold, 19 06.......................... J&J >115% 116
4s, gold, 1924...........................
113*4
6a, gold, 1900, water lo a n ..J & J >112 |113
105
;104%j
4*28, 18 99.................................J&D
4a, 1911............
J&J >107*2 109
113
4s, gold, 1923..................................
4 -, gold, 19 21..................................
112*2
102
3*23, gold, 1 9 1 6 ...................... M&8
103
Quincy 111.—6s, 1898................J&J
80
Rahway, N. J .—New adjustm’ t, 4s.
84*2
Water 4 s .......................... ................
105
Ram sey County, Minn., 4*28,1918.
112*2
Kiohmond, V a.—6a, 190 a-1910J&J
130
8s, 1904-1910........................... J&J
108
5s, 1921 & 1922....................... J&J
94
4 8 ,1 9 2 0 .............................................
Rochester, N. V.—7s, W ater,1903 ..
4s. 1912.................................... F&A
Salem, Oregon, 5a.....................1912
St. Joseph, M o.—68,1903 ....... F&A
100
Comp’mise 4s, 1901.................F&A
St. Louie, Mo.—6 b, gold, 18 99_____
106
5s, 1900.............................................
103 1
4a. 1905........................................ .
104*2
4s, 1 9 1 2 .................... .....................
100*2
3*65s, 1907.......................................
St. L. Co.—6s,1905..................A&O
St. Paul, Minn.—4*28,1916.
105&
4*28, 1918......................
58 .191 5.........................
6s, 1904..........................
110%
7s, 1898..........................
110%
88 1897
102*2
S a ltL . City’ U.’ —5 s* ‘19*12-1902. J&J
103
58, 8chool Dist., 18 13...................
San Antonio, T ex.—6s, 1909-19J&J 102*s
99
5a, 1920...........................................
Savannah—F 'd 5s, cons, 1909 .Q—F 100 10 6k
Sioux City, Iow a —4*23, 1899.......... §100
12 1k
Springfield, Mass.—6s, 1905.. A&O §121
7s, 1903, w ater loan.............. A&O §126 127
T oled o,0 .-7 -5 0 8 , R R ., 1 9 0 0 .M & N §114 115
68, 1899................................
Vai 5108k 109
5s, 1913 (call after Oct. ’9 3 ).A&O 5 9 9 % 100
4a, 19 13.....................................Var § 9 7 k 99
Tonawanda, N, Y .—Water 5s, 1914
99
Trencon N. J .—48, 191L.......... J& g
106
Woonsocket, R. I., 4s, gold, 1924 .
Worcester, Maes.—5s, 1 9 0 5 ... A&O >114*2 115
4s, 1905.................................... A&O >105*2 106
101*2
3*20, 1905.................................J&D 401
108*44
Yonkers, N.Y.—4s, 1920...................
103
4s, 1 9 u l. ..........................................
48, 1900............................................
102*58
102*17
48, 1899............................................
101%
4s, 1^98............................................
100*84
4s, 18 ^6............................................
R A I L R O A D BOJN O».
(Bonds o f companies consol’ted are
often under the consolidated name.)
113
Aia.Gt. Southern—lst,6s,L908J&J e llO
98
96
Debenture 6s, gold, 1906.. .F&A
86
88
Gen’ l mort. 5s, 1927..............J&D
Ala. M idland—1st, gua. 68, 19 28...
86*2 89
88
86
Ala. N. O. T. &o. 1st deb. 6s, 1907.
32
28
2d debent. 6s, 1907................ J&D
A ia .& V icksb.—Cons. 58,1921.A&O
Vicksb.&Mer. —l8t,6s, 1921.A&C 100
2d, consol. 5s............................... .
Alb’y &8usq.—Cons. 7a, 1906, guar. 124
120
Consol, mort.,0s, 1906, guar.A&O 117
Allegh. Val.—Gen. M., 73 -lO s. J&J 107
1st m ort., 7s, 19 10................ A&O 123
Allentown T erm .-Ists,4s, 1919. J&J
Atch.T. & 8. Fe—new 4s, L989, J&J
7530 75*2
30
2d, 2*2-48, Class A , 1989 ...A & O
30*4
2d, 4s, gold, Class B, 1 9 8 9 ..A&O
32*2
Guarantee fund n otes...................
Aoi. & Chari.—1st pf. 7s, 1897.A&u 100
1st, 7s, 1907............................ ........ 11770 118*4
99
rncome, 6s, 1900 ................. A&O
Atlantic Ave. RR. (B’lyn )—Imp. 5s,
g, 1934....................................... J&J
98
102
Atlantic City—1st, 5s,g., 1919.M&N
Allan. & Dan.—1st g. 6s, 1 9 17.A&O
92*8 98
48
47
Atlantic & P ao.—1st 4s, 1937.. J&J
2d W.D., guar.,g, s.f.6s.l907.M &S
3%
W. D. Incomes, 1910.......... A&O
CJent.Div.- Inc., 6s, non-cu., 1922
5
Land gr. incomes, cum ., 1901..
Baltimore & O h io—4s, 1 9 3 5 ... A&O 102*4
-*^r»r«rRbnre Br., 6a. 1919 . . . A&O 119*2

U Coupons on sino* 1869,

120**

USubjeot to oalL

THE CHRONICLE,

Jtrra 16, 18&4,]

GENERAL

Q U O TA TIO N S

OF

STOCKS

AND

1027
BONDS— Continued.

For Explanation! See Notes at Head of First Paste o f Quotations.
R ail r o a d B onds .

Ask.

B a il b o a d B onds .

Bid. Ask,

R a il r o a d B onds .

Bid. A fife.

Balt. A O.—
gold, 1925.......F&A
C.B.&Q.—Denv.Dlv.,4a,1922.F&A
Clev. Cin. Cbie. & 8t. L .— (C o n t.j—
CoosoL gold 5a. 1 9 8 8 . . . ___ F&A
90%
4s, plain bonds, 1921............MAS
Peo. & Eaat. cons. 4s, 1940..........
72
75
Schuylkill Kiv. East Side 5s, 1935
Neb. E xt., 4s, 1 9 2 7 .............. MAN
89%
Incom e 4s, 1990.........................
18
Plain, 7 b, 1896........................J&J
103
Sterling. 6s, 1895-----------....M A S t
Clev. Col. C. & I.—1st 7s, ’ 9 9 .M&N ii's '
Bonds, 5s, 1895...................... JAD
1C0%
Sterling, 6s, g., 1 9 0 2 ..............MAS i
Consol, m ort., 7a, 1 9 1 4 .........J&D
104%
Sterling, 6s, g., 1 9 X 0 .------- MAN,fit20
Convert, deb. 5s, 1903........ MAS
Gen. con. 6s, 1934.................. J&J
123
116%
Sterling, 5a, 1927................ ..J& D el06
B elief. & Ind. M., 7s, 1 8 9 9 ...J&J
Bur.& M o.iN eb.),lst,6s,1918.JAJ
106
Sterling, 4%s, 1 9 3 3 .......... A & CiellO
Cons. 6s, non-ex,, 1918___J&J
Clove. & Mah.Val,—G. 5s. 1933J&J 110
4s, (Neb.), 1 9 1 0 ....................J&J
92% Cle. & P itts.—Con.s.f. ,7s,1900M&N
Eijo.Tr ser. B.1891 to 1900 -MAN
.11
Neb. B E , 1st, 7s, 1896.......A&O
103
Sfon.Rtv.—1 st gu.g.Sa. 1919. F.fc A
Gen. gu. 4%s, g., “ A ,” 1942.J&J
107
Om. A S. W., 1st, 8s, 1896.JAD
Cea. O.-Cons. 1 s S,4%8, 1930. M AS, 101 !1<>5- 1
D o Series B, 1942................. A&O
119% Colorado Mid.—1st, 6s, 19 36.. J&D
Ak.ACh.JiTO. l*.t.«.,5s,1930,M&N ......... 104
Ott, Oaw. A F o x B ., 8s, 1900.J&J
123%
25
S alt.& O .S .W . K K.t%», 19 90..J&J 108
Consol, gold,4s.....................1 9 4 0
■ A tob’n A Neb.—1 st,7s,1908 MAS
Bepub. Vai., 1st, 6s, 19 19... J&J
105
Columbia & Gr.—1st, 6s, 1916. J&J 100 101
Cin. A Balt. 7s, 1900.................. ..............I 75
By. lateona. 4%s, g., 1 9 9 3 ...J&J 102 | .„ . . Chi. &JEast.HL—Istm ort. 68.1907
2d m ort., 6s. 1923..................A&O 39
1st, con., 6 b, gold, 1934 ___A&O
lat lnc. 3s, g.. a . . . . . ......... 2043: .........—
Col.& O.MId.—1st,4%s, 1 9 3 9 ..J&J
84
1 s t ,5s,
5 s1
, -------U tlh c . Z i. 1-.. B .......... ......... 2043, ......... 23
Gen.eon., 1st,
9 37 ........ MAN
98% Colum. Hock. V. & T .—Con.5s,1931 "8 5
85%
Gen. 6s gold, 1904................. J&D
g.,1911..A A
12
......... Oh. A I. Coal P.’y, 1st 5s. 1938.. J&J
85%
•st. tunnel, tie. g .,g
Col.&Hook,V.—lstM .,7s,’97.A&0 105
i f ’d.
f . 1911. J&J. 125 :.........IjChie. Ei. (“ Alley” ), 5s,g,i929.A A O
Col. & Toledo—lst7 s,1 9 0 5 ..F & A 116
B a lt B elt—1st, 5s, 1990.........M&N 102*4 103 ; Chic, A Gr. Trunk—1st, 6s., 1900
gearih Greek—1 st.g’ld , 4s,19 36.J&J: 103 i........ : Chic. Mil. A St. Paul—
do
2d m ort., 1900. M&8 §103
Oblo&W.Va.,lst,s.f.,7s,19xOM&N 114
M .A St.P.lst, 8s, P.D.,1898.
F&A 118% 116%
2d gen. 5a, g., 1836.........
J&J .................. .
, .^.^JSS.araea
~ -------- -0 b, -----P.X>.,2d
M .,?- 3r -1
1898..F&A
120% 123
Beivtdere D e,.—ist,6a,o,1902.J &P 110%
Col,Shaw. & H’k . - l s t 5s,1940.J&J
B.D.. 1st, $, gold, 7s. 1902 ..J& J 126 127
Equipm ent 6s,
1916. ..A&O
Cons,4a, 1927............- ..........F&A: .
95
I. & M., 1st M., 7s, 1897....... J&J 119 122
Col. & Western, 1st, 6s. 19 11...J&J
Boston & A lbany— 5s. 1895— J&J §
4s, 1913 . . . . . ....... ..................A&0!§106% 108%
I*a, & Dak., 1st M „ 7s, 1899.J&J 119 % 123 ;Con. & Montreal—Imp 6s,1911.J&J §117
Conn. APassum.—M.,4s, 1943,A&0 §100
Boston A Lowell— 7#, 1895. ..M & s 103 103%
Cbio. & Mil., 1st M .,79,1903.J&J 126%
« . 1896.....................................J&J 1041. 105
Consol., 7 b , 1905....................J&J 128 130
Connecting (Phila.)—1st, 6s ..M&S
Consol.KR.of V t „ 1st, 5s, 1913. J&J § 87
Se, 1899.................................... J&J *405% 106
1st It., I. & r>. E xt.. 7 8 ,1908J&J 131
87%t
Coro.Cow.&Ant. deb.68,1898. M&N
*s, 1905-6-7............................. Var. .100 101
1st M .,6s, 8’ iiiw estD iv.l909 J& J 118
*%*, 1903............................... MAN 101 105
1st M., 5s. I a C . & Dav-1919J&J 106% . .. D ayton& M ioh,—Con. 5s,1911.J&J §i06% 106%
So. Minn. 1st 68.1910...........J&J 115 117% D avt.& West.—1 stM.,6s, 1905.J&J §111% 113
B o sto n * Maine—4%>. 1 9 4 4 ,-.J&J U 09% 109%
1st mort., 7s, 1 9 0 5 ..................J&J §U 8 121
Hast. & D ak.Ex.lst.7a, 1910. J&J 129%
Im provem en t4a, 1905.....F & A '1 0 0 100%
Delaware—Mort., 6s.guar.,’95. J&J
do
5a, 1910............J&J 105
Do
4a, 1937 ....F & A (100% 101
Del.&Bound B ’k—lst,7s,1905F& A i?8
Boat. & Providence— 4a. 1918. J&J 1107 *1071*: Chic. A Fae. Div. 6s, 1910 .. .J&J 120
Bost-Bevare B.&Lynu—6s,’97 . J&J * U 5 -105*4
do
West. D iv.,5s,1921.J& J 111 111% Del.&Hud.—Coupon 7 s ,1894. A&O 102!% 103
1st, M., Pa.Div.,7s. 1 9 1 7 ....M &S 141
Bway.A7t h 4 v.—la to 5 a .g ,’43 J&D 107%JOS I Chic. & Mo. Biv. 5s. 1926....J & J .........108%
D el.L .& W.—Mort. 7s, 1 9 0 7 ..M&8 129
Mineral Pt. Dlv., 5s, 1910... J&J 106%
Bklya.City RB-—1 stc .S a .u il.J & J 111 112
Warren 2d 7s, 1903..............A&O 117%
Chic. A L. Sup. Div., 5s, 1921J&o 106%
Brooklyn Eie.—1st. 6a, 1924,.A&U ------- 97%
63
i d m ortg. 5a. 1915.......... - -.1.V.)
W ie.& M ln n,D if.,5s, 1921...J&J! 108 109% Den. City Cable 1st 6s, 19 08..J&J
Den. & B . G.—1st con. 4s, 1936.J&J 74
74%
Terminal 5s, g., 1 9 1 4 ............J&J --------109
Seaside & B. B. 1st 5a, 1942 -J& J.
la t7 a ,gold, 190b................... M&N 113%
Dubuque D lv., 1st, 6s, 1920. J&J 5117 n 7
Union El.—1st, 6s, 1 9 3 7 ....MAN” "90% 9 l '
Impr., g., os, 1928................. J&D 60
Wia. Vat. D lv., 1st, 6s, 1920. J&J § :il% ;1 1 2
Braxtsw. & W.—lat,4a,g.,1938.J& Jj
DeeM. & F.D.—Guar. 4s,1905. J&J
Bad. B rad.* P-—Gen.M.7s,‘96 J& J 100 105
F argo& S onth.- 6s.ass.1924.J&J ....... ........
1st mort., guar., 2%s, 1905 J&J
Baa.N.Y.ABrie—la t.T s. 1916JA l>j 123% ........
Ine. eonv. 8. F .5 s, 1916........ J&J
1st M.. ouE xt.,guar. 4a,1905J&J
Ba y Boob. A Pu.teb.-Qen.5a. 1937 .
96 V
Dak & Gt. So. 5s, 1916........ J&J
55
Booh. & P., 1st, 6», 1 9 2 1 ...-F&A 122 124
91%j 91% Det. B. C. & Alp. ,1st,6s,1913. J&J
Gen. g. 4s, ser. A.. 1989....... J&J
elOO 105
Det.G.Haven&Mil.—Eq.uip.6s,1918
Chicago
&
Northwestern—
OonaoL, 1st *•». 1922.......... J&DI ..........119
Cod. M .,guar. 6a, 1918........A&O e 98 102
C k « t & M .!* t 5 » ,g .,g u .,,4 3 4 * J 102 .........
C on.'7», 1 8 1 5 ....................... Q—F ------- 14 0%
60
70
Consol., gold, 7e, op., 1902..J&D 121% 121% Det. L. & North.—lat, 7a,1907. J&J
B oa. A Southwest.—6«. 1908-.J.&J
............
Gr.Rap.L.& D ., 1st,53,1927.M&S 5.....
Sinking fund, 6«, 1 9 2 9 .......A&O 120 ,128
Burl.C. K. A N.—1st,5s, 1 9 0 6 ..J&B 104% U 5
Det.
Mack.&
M.—Ld.
gr.
3%s,
S.
A.
23
C ona-lst& eol. tr., 5«,1934.. A&O ------- 96%
do
08,192 9____ ____A&O
Dub.&S. City—1st,2d Div..’94. J&J
do
deb,
to:.. 58.1933.MAN
lOVlL.dE
n ., l1st,
l l t 7s,
is , l1909.MAS
.n >-*0 . . . . . . ., . . . .
UO
utSweQI.,
09,l3d0.iUaJi 110
x
loans C.& W.,
Duluth
&
Irou
B
.—lst.5s,
1937.
A&O
(103
C.K*p.l.F.«k h\.liit,6»,1920. A&O . . . . . . . . . . . .
25-yr*.
5«, 19 o9 ............M&N .
Dul. Red W.&8.—lat.os.g. 19 28. J&J
do
1 P 2 1 ....A & 0
' 95
30-yrs. deb. 5a, 1921______ A&O 107^4
Duluth 8. Sh. & A tl.—5s, 1937, J & J
100%
98
Ex ten. bds. 4a, 1 9 2 8 ..___F&A 15
GUlfor. Pws.-~ it*tM .,4%«,1912 J&J 100 ! ........
Dul. & Winn. 1st 5s, g. 19 2 9 .. .J&J
Eacan,&L.8ap., 1st, 6s, 1901 .J&J
2 Mor. 6m, *.,*91 .ext.'M 4 %%.J ±J
95 i |
___ 9
106
,Dank.A.V.&P.—lst,7a,g..l900J&
D
D m M.<&Mian's, I st,7s,1907. F&A
3d M. (roar*C .
1905.J4&I 105
IE. T. Va. & Ga.—lat,7a, 1 9 0 0 ..J&J 114
-1VT1
do
3** 1905. J&J 55 ..... .I
lo w s MM., 1st M., 8 8 ,190 0.A&O
107%
Divisional,
5a,
1930................
J&J
--vn
114
€k m A «nM AM.-—0©fi#L0#,19 II.J A J X1S % 1118 % j Chic, & Mil,, 1st M ., 7s, ’98.. J&J
i Consol. 5s, g., 1956.............. M&N 97% 98%
OwiMm 8o.—l*t5«,iipaawr.,1908^1deJ 110% llO***
Wtnona&Bt.Pet*—2a7e,1907M&N 125
39%
j lat E xt., gout, 5s, 1937.........J&D
1st extension, 7 g., 1916. J&I>j§132Ls
2d m ore, 5«, 1913................1 0 1 4 1044
: Equip. & im p., g., 5s, 1 9 3 8 ..M&S 69
MIL & M sd., 1st, 6s, 1905....M&8 113%
Cmim W m t M f a d . V . - ig t m , 1910; 05 j 70
;
Cincinnati
Ext.
—os.,
g,
1940F&A
G a ^ o i l a # , W W J , . . . . . . {— .J Ott. C. F. & 8t. F., 5a, 1909..M&8 107 h
i Mobile & Blriu., lat, 5s,1937.J&J
Kortb. Ills., 1st, 5s, 1910— M&S 107
Oat»wl*«»—ilorte. 7*. 19 00,,.. F&A U 5 ;
Kaoxv. & O hio,1st, 6s, 1925. J&J io S '
93 j
Madison E xt., 1st, 7s, 1911.A&O 131
Qeda>.r F . & MIn.—I,* l, f a , 1907. J AJ
Ala. Cent., 1st, 6a, 1918........ J&J 102% .........
Mtmosolneo E xt. ,lat,7s,l 911J&JD 133
O n t o f 0 »*—1«|*w m ., 7a» '& 3J £J 3,16 I118
East.&W.Ala.—lat,
6s, reo’ta.1926
135
Bfortb west, Gn., 1st,7% 1917. M&S
W l%
OoliatM tm m
Eastern, Maas.—6s, g.,1906. .M&S §.........
Cbio. & Tcnnah.—lst.Os/GS. M&N c l 15 120
ChMt. H,
im iM m
103%
East-on
&
A
m
boy—M.,5a,1920M&N
Cedar R. & Mo.—1st, 7a, '9 4 .F&A §10J il00%
a»v.A- Wm I.,
M m ~4& *1 46
E allure Ter.—1st 5a,
1915.F&A
134%! 135
115%
1st w ort., 7a, 1 9 1 0 ..........M&N V1
Q m V o t M. j .— I m m m . 7«» '90.Q-J , U 5
97% 99
Eliza!).Lex.&
Big
a.—5«,
190U.M&8
§122
4
2
2
%
24 w ort., 7 b , 1009, gu a r... J&O
Convert, wort-. 7», 1902. *•- M&FT; 122%,-1 3%
8. C.& PiiO., 1st, 6s, 1898..J&J §103 IlOo I E lm ira* W'inapt—1st 6e,1910.J&J 118%
O osterl.
0% UNQHI.eMAH'
5s,
2862...................................
A&O
§124
124%
118%: Frew. K13C.& Mo. V.—6s, 1933A&O
Q «o. w ort., M* 1 9 3 7 . . * ....J & J n o
do
do
Has tamped.. 1 122 1 2 2 % Erie & Pitta.—Con. M., 7 s ,’ 98.J&J 105%
Eeb.A WiL—Cow 7 «,«.,1 00ot^ . y 1 0 8 % 1 0 0 1
Equipmeut, 7s, 1 9 0 0 ...........A&O 100
70
CMwPeo. & S t L.—19158,1928. M&S
M orten
1 9 1 2 ,........M & N
Evans.* T.H., 1st eon.,8a, 1921,J&J
EoeJc IsLDIv.eona.58,g., 1941. J&D
A w . Dk.& Im p. Go,, 5«-,l 92 i J & J i 112% .
la t gen. s . 5a, 1942................A&O
Consol., i st, g., Ss, 1939— M&N
Central Par*—let* 6«, g, 1895.J&J 103%:
Mt. Vernon—lat, 6s, g.,1923A & 0
Chlc.K.L& Fae.—6a, 1917,coup J<kJ 127
l i t , 8#-, gold, 1 8 0 6 .* .. ........J & J j 104%l
Sul. Co. Br. 1st, g. 03, 19JO.A& O
V hie ago & Sou tb westers. . . . . . . . M i l
1Ml,®#,, gold, 1 8 9 7 . . . . . . . . . . . ..JAJ; 105 .
52%
Ex ten. & col. 5a, 1 9 3 4 ........J&J 1 0 2 % XOJi-a1 Evaus. & Rich.—la t o g.l928.M & 8
l * L 0#, g old , 180S---- . . . . . . . .J AJ i 106
91
91% Evausv.T.H.&Chi.—lat, 6a, g.1900
30 yr. deb., 5a, 1921........ ...M & S
8 Jb«o?a$n, 1st
g.lOOO.A&O 105%
2d, 6s, gold, 1900................... J&J
C bic.& S t L.—la t 8a, 1 9 1 5 ...M&S 105
Mart., gold, 5s, 1 9 3 9 . . . . . . .. A&O
Fitchburg—os, 1899-1903.......Var.
C.& O.'Div^ e x t 5«, g. 1918.J&J s .........I.......... Ohio.St. L. & F.—Con.5a, 1932. A&O 114 119
5s, 1908.................................. M&N
Land g. 5a, g .,i9 6 0 ..'.. .....A & O , . . . . . . 100
Cbic. & Gt. East., 1st, 7a, 93-’95. 100
6s, 1897.................................. A&O
0)L& Ind. C., 1 s tM.,7a, 1904.J&J 1 1 2 %
Weal.
l i t , 8a, <*.. ’9 9 ..J&J| 107 ........
4%a, 1897................................ M&S
t o f 8. Gar.—tni 6a, 10 21..J&J 1 0 i 105
do
2d M.7S.1904.M&N 104%
4s, 1907................................... A&O
& Bmv. I at 7t, g., 1036. J&J j . . . . . . U. . . . J On.& L ogansp..let, 7a, 1905. A&O 114
Boat.H.T. & West., deb. 5s, 1913.
Chicago St. Faul & Kansas City
.. 'te Coi.&A. ~Cowi.,78,*95.J&J 1 0 4 %
115%
Flint
& P. Marq.—M. 6s, 1920.A&O
Priority 5a, 1 9 3 4 .--------------- J&J elOO 102
M a o r t , 7 « , 1 9 1 0 . . . . ......A & O ; 9 1
J
95
lat, con., gold, 5s, 1939....... M&N
CoaeoL. go id, 0e, 1 9 3 3 .........J&J' . . . . . . 9 0 i jCblc.St.P.Mln.&Om.—Con. 6s, 1930 123 .....
P
ort
Huron
Div.
os,
1939
...........
| Oh.St,P.& Mian. lat,6s,1918M&N 124
' “ •»— lat,7«, 1 9 0 1 ... ...-A&O
Fla. C. & Pen.— lat, g., 5a, 1918.J&J
8t. Paul&8.Clty, 1st 6a, 1919. A&O 126%
>bio.—Fur .money fd.,6a*98 i *0 9 % i V o %
la t 1. 6. ext. 5a, g., 1930....... J& i
Cblc.& W .lnd.—S.fd. 6a, 1919 M&N . . . . . .
A, 6a, 1 9 0 8 ... .......... A&O 117
117% 1st, cou 5a. g., 1943..............J&J
General w o r t , 6s, 1932 — Q~M
M ortgage8a, 1 9 1 1 ...... ....A & O 117
Ft.
Worth & Deuv. C.—lat, 6a, 1921
51%
............
~
fia '"'2
1 .J&D § 51
Mlcb.—Gen.oa,
1921.
d & O . Ky, l* t5 * t 1939.......M&5s 104% 104% €Jbi. &W.
—
- 4%
- * «.g ., 1902.......... M&S
. . . n\ m
9 •<% Ft.W.& Bio G .lat 5a, g., 1928 J&J
73% 74% Cln. L*ay.&L—l8C,g.,5s,194l.5l&N
General
Gal.Har.&SaoAnt.—1st,6a,g.
1910.
Cla. Ham. & Day.—Consol. 5aA&.0 §102% l"8%
92
1st ConsoL K- & A. 4a. 1989. J&J
81
2d. mort., 7a, 1905..................J&D
Consol. 3. F „ 7a, 1905..........A&O 1 3 120
85
2d do
do
4s, 1 9 8 9 ...J&J
M
ex.&P.Div.
lat,
5a,
1931.M&N
__________
_ i______ ____ _
Consol, w ort.,6a, 1905........ A&O §111% 110%
_ 1st 5s,
Craig VsL
1040. .J&J
T lflu t ip V .L —l , t
l.M.Vd ......... | ........ ! 2d m o rt, gold. * » « . 193T. J&J i 94% 95% Gal.Houa.& Hen.—lat,5a,1913A&0
1 9 1 0 ..................J & J 103
he*, it. •%7. y > M.n». iX U - •1 4t& i ..................i: Cin. H. & t , le t M „ 7 b, 1903.J&J §113% 114*8 Georgia—6s,
91
94 Georgia P&oMo—1st, 6a, 1922.J&J 102%
“
Hj CJBi. L.&C.—Istg. is , 1936,Q—F
50
24 more., 6«, l u l l ..................F&A
49%
Con,
2d
mort.,
5a, g., 1923...A& O
§105
• C h e W i l r ^ 1 kh6 - « S ...............J&J 103% 106%.
Con. income, 5a, g., 1923 . . . A&O 10
luObwiap.C. &JU, 78, 1 8 9 7 ..F&A $100
U , 1910...................................J & J 100
Ga.Caroh&No.—lst,5a,g.,1929.
J&J
Cln. Baf.&C.—lat,7a,g.l901.M & 6 §103
h i.* A l.-»w ,r .M ., 6 »,g -.1 9 0 3 .J * J 114%
Cin. L eo. « Nor.—1st, 5a, 1916J&.1 §102 102% Ga.8o.&FL- la t 6a,tr.reo. L927. J&J
120
Making fund.ts,. t... 1 9 0 3 ...M&N e l l l
Jr. Rap. & Ind.— 1st, l.g., g’d, 7a,g.
Ctn. Rich. & Chic.—1st, 7a, ’9o. J&J §102 ,01
»'»& Mo.S..l»t,7»,1900F*A 1173*
lat M.,7a, l.g., gold,not guar. A&O
Ctn.Kioh. A F . W .~ lat.7e,1921J&D §115 119
do
24,7*. 1900 MAN
General 5a, 1924------ .......M & S
CIU.&BD.—7a,O .C .C .*I., 1901.A&0
m . I » J»ck*on*. Ill* « Chicago
Muskegon Div. 5s, 19 26...J & J ..
7»,
guar.,
L.8.&
M.8..
1002
.A&O
do 2dM. (360). 7*, ’9b ..J& J 109
E x. lat., g , 4%s, 1941................... 102
C it y * Sub. (B a ll.) 1st os, 1922. J&D
do 24 guar. ilS8»7*,'96.J,&.( lo 9
li d ” »r. Bay W .&8t.P.-lat,oon.5a,g.l911
Uleurf. * Jail.—ia t,6 a ,19 27...J&J
Bridge. 1«V ji.I..8 b.1912 105%
2d LUO.. 4.1..................... V g J l u i S
Clev. Akrou & Col.—
l* e .-T »t0 * ,* .,lS l5 .J & J ; ___
66
it . North.—Col. tat.4a,g.,1902.M&3
Gen. M.,
5a, 1 9 2 7 ............ M&3 (100%
___ Burl. « Nor.—b(b 1926..A & 0! 1 0 3 % -----I* u .& 3 t.J o .-O o u . ba, i-Jl L...4&-;
" 2d M.. lO-tOa.-.F&A
2d tie, 1916........ ..................... J&D 5101% 102
la ra a b ’g P., &o., lat., 4a, 1913. J& I
75
. . . C ieve.& Cantoo—iat, 5a. 1917.J&J
Debeat. 6», 1806 ..................J&D! U7
l i f t . & Conn. W elt.—os,1903.J&J
Equipment 5*. 1903, ex te n . F&A j ........ - J B i, clov. cm . Oulo. & 8 :. Louis.—
I niaatoalc-Oona. 5a, 193 ? . vt&N
,
1939.
Cairo
Dlv.,
*«,
1
9
3
9
.....------J&J
IWg. Burl.&%.—Con*.,7»,lUOo. J&J 122% 123%ll
lOtfq
90“ L « Texaa Cea. Lat g. 5a, 1937J&J
Ht. L. illv.l8t,i— ... . ..
1901............. ............&&d ; io a % ........
V * ,jo « N . W .jlat, 7a,g.,i90L.J&J
white
w
.
v
j
j
iv
.
lands,
i
.J&
J
i
Se, debemtur*-, 1013............. M&N. y»»s ....... !
Oous.
g.
6a,
1912---—
-—
A&O
I m t t i . 6. F .S». 1919....... A&O, 106
107%; C. W..S.M.Dlv. —lat, ta,g. 1J91. J .id
r>,ne it.ure 6a. H a ; .. — \&P
d u n . 8 ,u . &
'9 M- I ” 1
l e w , l » v . ««. l o i u .. ....... A&<> 95% 96%

* Price r,«u,m..

| Purchaser also pays accrued MtoraaL

e tu Londou.

t lu Amsterdam.

1 la PrauhCiH'6,

THE CHRONICLE.

1028

[V ol. LVIII. -

GE2TERA.L QUOTATION'S OF STOCKS AND BONDS.— Ooutinued.
For BtplaantloiH See Note* at Head <»r fftMi Paije o f Qaotatlons*
R ailro a d B onds .

Bid. Ask.

R u l b o a d B onds .

Bid.

A sk.

R ailro a d B onds ,

Bid.

A sk ,

Louisville N. A. & Oh o,— Coni
N.Y.C.& H ud.R iv.—(Continued.)— !
Houston & Tex. Cent.—G on t.
General ra. g. 5s, 1940....... M&N
65
Cart.&Adlron 1st 4s,g.,l *81 .J&D 102 102k
64
Gen. g. 4s, 1921.................. A&O 62
N. Y. & Put. 1st 4s. g. 1993. U j O 102
C.
&
I.
Div.,
6a
gold,
1911...F&A
75
Debenture 4a, 1897.............A&O
Mohawk & M .lst, 4 s,g .l9 ■) I ,M v,S 101
Lou. Ry.Co.,lst c.. 5s,g.,1930..J&J § 9 »% 100
Hnnt.&Br.'fop—1st, 4a, 1920. A&O 100k
bouls.Bt.L.&T.—1st ♦ifl,g.l917.F'&A 56
N. iT.Chic.&St. L —lst,4a,1937.A&0 lo o k 100%
Cons. 3d M. 5s, 1895........... A&O 10 0 %
N. xf. & Greenw’d L.— 1st M. ino. 6 s 12
1st cons. 5s, g., 1912............ M&S
Illinois Cen.—1st,gold,4a,1951. J&J
2 im ortgage incom e, 6 s ...............
99 Louisville Southern 5s.......... J&J **59*4 6 o k
Gold, 3 >"8,1951................... .J&J
36 N. / & Harlem—7s.ooup.,1900.M&N 120
Macon & Nor.—Ist4ks, 1990.M&S 30
Col. tr„ gold. 4b, 1952...... .A&O 100
Mauhat.
El.,
consol.
4s,
1990.A&O
N.
i . Laok.& W — 1st, 6 s, 1921.J&J 133 135
99*
98k
98
9558
Gold, 4s, 1953..................... M&N
M^trop’n El.—1st, 6s, 1908.. J&J 121 12lk
2nd, 5s, guar., 1923............... F&A 115
Cairo Bridge—4s, 1950....... J &D
107
V
).
109
Term.
& im pt. 4s, 1923. ...M & N § —
2d
6s,
1899.......
M&N
Bpringlielu l>lv., Os, 1898.. -J&J 106*4
N .Y.L.E.&W .—1st ex. 7s.’ 97. M&N 108%
N.Y.Elevated.-—1st, 7s, 1906. J&J 11178
Middle I)iv. reg. 5s, 1921... F&A
2d
mort.
extended,5s, 1 9 1 9 .M&S 114
108
Maine
Cent.—Mort.
7s,
1898...
J&J
«i08*
Sterling, 8. F., 5s, g., 1903..A&O
3d M. extended, 4 k s , 1 9 2 3 ..M&S 109
Exten. bonds, 6s, g., 1900...A&O
Sterling, gen. M.,Gs, g.,1895.A&0 «101 103
112
4th
M
.,extended,
5s, 19 20.. A&O 110
A&O
tsl09
Cons.
7s,
1912.....................
133k
133k
Sterling, 5s. 1905................. J&D
5th M., extended, 4s, 1 9 2 8 .J&D 100
Cons. 4ka, 1912.................. A&O 105k 106
Ohlo.Bt.&N.O.—T.l’n,7s,’97.M&F 109%
102
132k
1st
cons.
M
.,7s,
g
.,1920........M&3
1st
cois.
4s,
1912...
109%
1st eon.7s. 1897......................
1st cons.fun doou p.,7s,1920 M&S
Leeds & Farm’gt’n, 6s, 1896.J&J
2d, 6s, 1907.......................J&B
105 k
Reorganizat/n
1st
lieu,
6
s,
1908
117
Portl. & K.,Cons. M., 6s, ’95.A&O
5a, 1951, gold.................... J&D
Debenture, 6s, 10-20&. 1905.F&A
L ong Dock con. g., 6 s, 1935 A&O 128 k
Mem. Div.. 1st 4a, g., 1951,1&D 95
74 k
30
I
50
ICO
New
2d
cons.
6
s,
1969
..........
J&D
Mar’ta&N.Ga.—lst,6s,g., 1911. J&J
Ind. D. & W.—Gold, 58,1947... A&O ......
Collateral Tr. 6 s. 19 22.........M&N
Consol., 6 g ., 1937................ J&J
2dm. ine. 5s, 1948 — ......... J&J ......
L02
Funded c o u d o u 5s, 1969___J&D
67 k
125 Maiq.H.&O-- is, 1925(M.&W) A&O §10 I k
Ind. Deo.&Sp.—lst,7s.l906.A&0
113k Gold incom e bonds, 6 s, 1977 ___
7 9 % Memph.& Chari.—1st,7s, 1915. J&J 112
Ind. Ills. &Ia.—1st 4s, 1939...J&D 78
Chic. & Erie 1st 4-5sg. 1982.M&N
93k 95
2d mort., 7s, extended, 1915.J&J 111
Iad’polls & Bt.L.—1st,7s, 1919. Var. a i 6
Incom e 5s, 1982.........................
29%
1st eonsol, 7s, 1915...............J&J 96 k 97k
Ind’apolis&Vin.—1st, 7s,1908.F&A s u e
lst,oon8.,Tenn. lien, 7s,1915 J&J 1 1 0 % 111k D ock & Iinpt. 1st, 6 s, 1 9 1 3 ...J&J
2d mort.. 6s, g., guar., 1900.M&N §104
N.Y. &L. Br’ch— 1st, 5s, 1931.J&D §In.&G.N.-lstt63.1919,oou.off.M&N 111k 112k Gold, 6s, 1924..................... J&J
N. Y. N. H. & H .lst r. 4s,1903.J&D 105
65% 2d 6s, 1899...................... M&N
2d, 4%—5s, 1Sj9.................. M&8 62
Con. deb. certs. 3d Instalm’ t pd.. 103k
3d, 4s, g., 1921.................... M&S 20 ...... Met.W.Side El.lst5s, g.,1942.F&A
N.Y.&North’ n —1st g.5s,1927.A & 0 115k
91% Mex. Cent.—Consol. 4s, 1911.. J&J § 52% 53
Iowa Cent.—1st g., 5s, 1938.. J&D 91
N.Y.OU.& W .-C on .5 s,g .,1939. J&D 107k 1 0 9 k
12
13
1st eon. ino. 3s, 1939....... ..July
K’a Falls & 8. C.—1st,7s, 1917.A&O §130% 131
7
8
Refunding, 1st, g., 4s, 1 9 9 2 .M&3 85k 85%
2d con. inc. 3s, 1939............ Julv
Jaofc.T.&Key W.,lst6 g.,1917.J&J
Mex. Intern. - 1st, 4s, g., 1942.M&S 70
100
N. Y. & N. Eng.—1st, 7s, 1905. J&J 111
111%
Jefferson—1st 5s, g. Erie, 1909. A&O
MexieanNat.—1st, 6s, 1927..J&D
1st M., 6 s, 1905...................... J&J 108 108%
Jeff. Mad.&Ind.—1st, 7s,1906. A&O §110k
2
d
m
.,
6
s,
1902........................
F&A
l€0k
§116
2d
M.,Ser.
A,
inc.,6s,1917...M&S
101
21 mort., 7s, 1910............... J&J
2d M.. Ser. B,inc.,6s,1917..April
N. Y. Pa. & O —Prior lien. 6 s, 1895 el03 107
Ksnaw. & Mich., 1st 4 g.,1990.A&O 7 3 % 75
e 18
do
1st 78, 1 9 0 5 ...
19
Kansas C. Belt, 1st, 6s, 1916..J&J § 99% 10 J Mich. Cen.—Consol., 7s, 1902.M&N 120k
2
61
2d mort. inc., 5s, 1910.......
3
Consol. 5s, 1902........
M&N 106
Kan. C. Clinton & Syr.—1st,5s,1925 § 60
3d mort. inc., 5s, 1915.........
k
6s, 1909................
M&S
Pleas. Hill & De Soto, 1st, 7s. 1907 §104 108
lk
95
Equip. Trust., 5s,1908.........M&N
K.C.F.8e.&Mem.-lat,6s,1928.M&N ft.... 80
97 .
5s, coup., 1931..........
M&8 114
100
N.Y.
Phil.
&
Nor.—1st,
1923
..J&
J
102%
Mortgage
4s,
1940
—
.........
J&J
5
84
K.O.&M.Ry & Br.lst5 g,1929.A&0
94%
Incom e 6 s, 1933.....................A&O
J. L. &8ag.—Istext. 5s...... 1901
Current River, 1st, 5s, 1927. A&O 5 62% 65
Dot. & B. C., 1st 8s, 19o2 ..M&N|§123 125 N. Y., Prov. & B ostou7s, 1899.J&J
K.C.Ft.8eott& G —1st,7s,1908 J&D §109 110
31
Kan.C.M. & B .-lst, 5s, 1927.M&8 30
Bridge 8s, 1903........................i§125 127 N .Y .S .& W .-lstrefn d . ,5a, 1937. J&J 1065s 10678
Bat.C.&S.—1st gu.g.3a,19S9.J&D e 76
78
2d mort., 4 k s , 1 9 3 7 ..............F&A
89
77
Blr.,equip., 6 g., gn.. 1903... M&S 75
Gen. in. 5s, g, 1940..............F& \
91% 93
§123%
K.
C.Bt.Jos.&O.B —M.7s,1907
J&J123k Midd. Un. & Wat.Gap—lst,5s,1911
106
Term.
1st,
g
„
5s,
1943........
M&N
§105
106
2d
5s,
guar.
N.Y.
8.
&
W.,
1896.
Nodaway Val., 1st, 7s, 1920. J&D
102
M idl’d of N. J.—lst,6s,1910. A&- > 117
Kan. O.SUb.Belt.—1st 1920 6s.. J&D 95
97 Midland of Indiana 5s................
Mil. Lake 8b. & W. - 6s, 1921.M&N 1245s 125k Norf.&South.— 1st g., 5s, 1941.M&N ......... 102%
Kan. C. Union Term. 5s......F&A
Newo’g Dutch.& Conn.— Tncs.1977
Conv. deb. 5s, 1907.............F&A
Kan. O. Piits. & Gild 1st 5s... A&O
Nor. & West—Gen., 6 s, 1 9 3 1 .M&N
Ext. & Imp. s. f. g. 5s, 1929..F&A. 109
113
Ken. Cent. Ry.—Gold 4s, 1987.J&J 84
New R iver 1st 6 s, 1932........A&O
Mich. Div., 1st, 6s, 1924...... J&J 125 k 127
110
Kentnolty Un. 1st M.,5s.l92S.J&J
Im pr. & Exten., 6 s, 1 9 3 4 ....F&A
Ashland Div., 1st 6s, 1925..M&S 123 k
Keokak&Des M.—Ist.Ps 1923.A&0
100k
Adjustm ent 7s, 1924.........cj.—M. e 99 i o i
Incomes, 6s, 1911...............M&N
84
Kings Co. El.-Sr. A
1925..J&J
Equipm ent, 5s, 1 9 0 8 ............ J feD > 7 7 %
St. P. E. & Gr. Tr’k, 1st, guar., 6s. 111 114
2d mort. 5s. 1938................. A&O
Mil. & N o—1st, 6s, 1910....J&D
Clinch V. D., 1st 5s, 1 9 5 7 ....M&S e 63
72
Fulton El. 1st M. 5s, 1929..M&S 80
81
Md. & W. Div. 1st 5s, 19 41..J&J
1st, consol. 6s, 1913........ ...J&D
to
Lake E.& West.—1st,g.,5s, 1937J&J 115 1 i5k
Debenture 6 s, 19 05....... ...... M&8
2d g., 5s, 1941,..................... J&J 102 105 Minn. & St. L.—1st, 7s, 1927..J&D 120 127
Roan. & do.1st g.gu.5s.1922. M&S
Iowa Ext. 1st g. 7s 1909----J&D 110 118
77
Lake Shore & Mieli. So.—
Co].Conn.&Term .lst5s,g.’ 2^ .J& /
Bnff.&E.,new bds,M.,7s,'98.A&0 1115s 11 2k ■Southwest.Ext.,lst,7s,1910.J&D 130 140
Det.Mon.&Tol.,lst,7s,1906.F&A 127
So. Side, Va., ext. 5-6s...........1990 100
Pacific Ext., 1st, 6s, 1921.. A&O 112
do
2 d M .,ex t. 5-6s ...1 9 0 0 100
120
Dividend bonds, 7s, 1899...A&O 114
Imp. & Equip. 6s, 1922......... J&J
do
3d M., 6 s, ’96-1900.J&J 103
Lake Shore, cons., cp., 1st,7s.J&J 120 121
Minn’p. & Pac., 1st, 5s, 1936.-J&J
do oons., op., 2d,7s, 1303..J&D 122 133 Minn. 8. Ste. M. & Ati.—1st,4s, 1926
Va.& Tenn., 4th M ., 8 s, 1900. J&J 116k
do
extended 5 s,1900. J&J 102
Mahon. Coal RR.lst,5s,1934.J&J 111
Consol. 4s, 1938.................. J&J € -----Mo.Kan.&T,—1st, g., 48,1990. J&D 79% 79%[ 100-year m ort. 5s, 1990 . — J&J e 66
KA1.A.& Gr.R.—1st 5s, 1938.J&J 110
68
do
Nos. above 10,000 —
2d, g. 4s. 1990 .................... F&A 42% 43k!
Lehigh Val.—1st, 6s, 1898__ J&D 108
North. Pac. Coast 1st 6 s .........M&N
Con. M.,sterling, 6 g., 1897... J&D e103 105
M.K.& F. of T.,lst 5s,gu.,’42.M&S
Kans. O. & Pao. 1st -»s. g. F&A ........ 72% North Penn.—1st,7s, 1 8 9 6 .,-.M&N 106
2d mort., 7s, 1910............... M&S 132
Gen. m ort., 7s, 1903 ............... J&J 126
Dal. &Waoo 1st,gu.,5s,1940.M&N
Oon. M., 6s, g., 1923 reg...... J&D 120 121
Debenture 6 s, 1905 ...............M&S
Leh.V.Ry.lst 4%s, g., 1940,ree.gn. 101 1 0 1 % Mo.Kan.&E.,lst5s.g , gu.,’42.A&0 , 77“s 80
Leh.V. Ter.—lst.g.gu.Ss. 1941. A&O 107
Mo. Pao.—Consol. 6s, 1920...M&N 93k 9o% Northeast.,8 .C.—1st M .,8 s,' 9 9 ,M&S 110
Leh.Vl.Coal,lft5s,g.,gu.,1933.J&J i f 3 k
2d m ort.. 8 s, 1899..................M.&S 109
3d mortgage, 7s, 1906........M&N 107 108
ijltohf. Car.& West, lstg. 6s,'lt>J&J
Consol, gold, 6 s, 1932.............J&J 104% 105%
Trust gold, 5s, 1917.............M&S
L. Miami—Renewal5s,1912..M&N
Northern, Cal.—1st, 6 s, 1 9 0 7 ..J&J
113
Col. trust, 5s, 1920.............. F&A
Lexington Div., 5, 1920......F&A
A&O
L. Rook & Ft.S.—1st, 7s, 1905..J&J
Consol. 5s, 1938.........
89 i
Pac.of Mo.,l8tex. g.4s, 1938. F&A 98
99k Northern Cent.—4 k s , 19 25..A&O 104
Little R.& Mein.—1st,5s,1937.M&8
38*
Long Island—1st M., 7s, 1898.M&N
2d m ort., 6 s, 19 00................... A&O l l l k 113
2d ext. 5s, g., 1933............ J&J 104 107 k
92
1st oonsol. 5s, 1931..............Q—J
Ver. Va1.1nd.& W. 1s15s, ’ 26. M&S
Con. m ort., 6 s, g.,eoup ., 1900.J&.J
113%
Gen.M, 4s, 1938.................. J&Dl
Ler.&Can.Val.A.L.lst5s,’26. J&J ........
Mort. bds., 5s, 1926, seriesA J&J
114
Ferry—1st, 4%s, g., 1922__ M&S
St.L.I.M.&S.—1st ex. 5s,’97.F&A 103
do
series B ........................ liks% 113%
99
4s, g., 1932........................... J&D 99k
2d. 7s, g., 1897 ...... , .......M&N 105 105k Cons. M. 6 s., 1 9 0 4 ..................J&J
120
No.Sh. Br. 1st oon.5s.g.,l 932.y—J,
Con. m ort, stg. 6 s, g., 19 94.. .JtvJ eio i
Ark. Br. 1. gr., M., 7s, g., ’95.J&D 100 101
111
ill
S.Y.&R’yB’cli, 1st g.bs,1927. M&8, 10J
Cairo Ark. & T.,lst,7s,g.,’97.J&D
Union R R - 1st, 6 s,end. Cant.,’95 102% _^
78 Nor. P a cific—Gen., 6 s, 1921.. ..J&J I l l ’ s 113
2d mort. ino., 1927................. S 37 k *43*
Gen. con. r’y & 1. g., 5s, 1931 A&O 76
N.Y.&Man. Beaoh, 1st 7s,’97, J&J
Mobile&0.—1st, g’d, 6s, 192 7. J&D 113 114
Gen. laud g r.,2 d , 64 ,1 9 3 3 ...A&O
77% 78
N. Y. B. & M. B.,lst oon. 5s, 1935
Gen. land gr., 3d, 6 a, 1937...J&D
55% 57
1st Extension 6s, 1927........Q—J
Brook. & Mon., 1st 6s, 1911.M&S 108
63
27
Con. L. G., g. 5a, 1 9 6 9 .........J&D
Gen mort., 4s, 1938.............M&S
277e
1st 5s, 1911...................... M&S 104
Dividend scrip ext. 6 a, 1907.J& J 30
St.L.& Cairo—48, guar., 1931. J&J ■no
31
2d, Sb, 1938....................... J&D 101
Mont. & Eufaula, 1st 6s, 1909..J&J 97
Col. ls t g . notes 6 s, 1898...M & N
L. I. City & Flu. 1st 6s,1911 .M&N
Morg’n’sLa.&Tex.,lst,63,1920J&J 115k
Pen D ’Oreiile D iv., 6 8 , 1919..M&S 101k
L>a’v.Ev.&8t.L—1st,6s,1926.A&O sloisg 101% 1st mort., 7s, 1918.............. A&O 124
Mo. D iv. 6 s, 1 9 1 9 .................. M&N io o 34
E R. & E. Div., let, 6S.1921.J&J
James Riv. Val.— let,g.,6s,’36 J&J
Morris & Essex—1st, 7s, 1914 M&N 140k
2d mort., 2-6s, g., 1936..............
Conv. bonds, 7s, 1900........... J&J 116 117k Spokane & P al.,1st 6 s, 1936.M&N ........ 68
Helena& Red M t.lst,6s,l937M & S
H.T. C.&C. lst6s,g.,1927.A&0
General mort.,7s, 1901...... A&O 120
Consol. 5s, 1939.................... J&J
Dal. & Man., 1st, 6 s, 1 9 3 6 ... J&J
Consol, mort.,7s, 1915.........J&D 137k 139
69
Genl. 4s, g., 1943.................M&8 15
Dak. Ext., 1st, s.f. 6 s, 1937.J&D
20 Nashua & Lowell—5s, 1900...F&A §105k 106
69
__ No.Pac.& Mon., 1st,6 s, 19 38.M&S 26 .......
112 Nash. Chat.&S.L.—1st,7s,1913.J&J 130
Lodisv.&Nasnv.—Cons.lst,7s,189S i n
Oaolllan Br., 7s, 1907...........M&8 109
Coeur d’A l.,ls t ,g ., 6 s, 1916.M&S
2d mort., 6s, 1901.................J&J 108
O. & Mobile. 1st 6s, 1930. J&J 117 117% Consolidated gold 5s, 1928.. A&O
do Gen. l s t g ., 6 s, 1 9 3 8 ...A&O
101k
__ 103
do
2d, 6s, 1930....J&J
Cent.Wash’n, 1st g . 6 s. 1938.M&S
1st 6s, T. & P. Bob.. 1917. ..J&J
E. H. & N., 1st 6s, 1919...... J&D i i o ___
Ch. & No. Pao. con. 5 g .l9 4 0 .A & 0
1st 6s, Me. M.M.W. & A1./17.J * J
Nortli.P. Ter. Co.—1st, 6 s, ’33.J&J
Gen'l mart., 6s, 1930...........J&D 111
1st 6s, Jasper Branch, 1923.J&J
97
N. W. Gr. Truuk 1st, 6 s, 1910..J&J 101
Lou’v.C.&Lex.—1st,7s,’97 ..J&J §105 105k New Haven & Derby—Cou.os,l9l8 §103 111
N. W. Nor. Car. 1st 6 s, 19 38..A&O , 43% 50
2fl mort., 7s, 1907............ A&O
6s, 1900......... „................. .F&A §108
ttem.fe O.j.etl., M..7s, g.,1901 J&D si 13 116 New Haven & N., 1st 7s,1399,. J&J 0 Llok ___ Norw’h & Wor.—ls t M ,, 63 .’ 9 7 ..M&S viOok 103
Ogd.& L.Chain.-Con8.6s,1920. A&O 5102% 1 0 2 %
M.
&ClarVs v.,st’g,0s,g. 1.102
F&A110
*107
Consol, 6s, 1909...................A&O §U7k
Incom e, 6 a, 1920............ ................
Psusaoola Div., 1st,On,1920..M&S 103
N. J. Junction, 1st, 4s, 1986.-F&A
Ohio I. & W.—1st p£d.5s,l938..Q -J
BwLouisDiy. 1st, Co, 1521.. M,VS 317
N. J. & N.Y.—1st, 6s, 1 9 L0 ...M&N SleO
do
2d., 3s,,lS 80.M&S 60
Ind. B t.& W .—1st, p f.,7s. 1900.. 113 *’
New LondonNor.—1st,4s,1910.J&J §100
Hash. & Deo., 1st 7s, 1900.. .J&.j 113 114 N. J.Sou.—1st, 6s,1899 int.gu.J&J 104
O. & Miss.—Cons., s.f., 7s,1898. J&J m i « 112
Bo. & No. Ala., 8. F. 6a, 1903M&N e U)i) 111 N. O. & Northeast.—Prior 1.6s. 1915 108
Cons, m ort., 7s, 18 98.......... J&J l l l k
_ N.Y.& Can.—£ M.,6s, g., L904.M&N e i l l il *6
Ten-forty 6s. 1924.............. M&N 10J
2d consol, m ort., 7s, 1 9 1 1 ...A&O 117
50-year gold, 5s. 1937........M&N ...... 9 5 % N.Y.O.& H.K.—1st cp.7s,1903.J&J 17 8
lst.S pringf. D iv., 7s, 19 05..M&N 107 100 %
Unified 4s, g., 1940..............J&J 72k 75
Debenture 5a, 1884 1904...M&S 10 J I*09k 1st gen .* 5s, 1 9 3 2 ................. J&D 05%
io i
Pensa. &Atl.—lSt,6B,gu,’21.F&d 95
;OJio River R R .—1st, 5s, 1936.J&D
do
5s, 1839 1904..-M&S lj )8
Col. tr., gold, 5s, 19.31...... M&N
85
Gen. gold, 5s, 19 37.. .......... A&O
100
do
4s, 1890-1905 .. J&D 103
B. & N. Al. s. f. 6s, 1910. ...A&O 104
Ohio Southern—1st 6 s, 19 21. ..J&D
103
91k
Debt, 4s, g., iyo5, ext., M&N..
43
Consol. 5s, 1936............... F&A
Gen. M. 4 s, 1 9 2 1 ... ...............M&N
S .eiling mort., 6s, g., 1903...J&J ellS 120
Nash.F.&B.lstgd. g.5s, 1937.F&A 84
Gouv.&Osw.lst 5s, g. 1942...J&D ellS 123 Ouio Valley—Gen.M., 5 g„l9 8 S .J & J
L’s v.N.A.& Ohio.—lst,6s,1910. J&J 110
077
Nor.&Mont. Ist5s.g.,1916.. A&O ...... ....... Old Colony—6 s, 1 8 9 7 ...............F&A §i06% 1100
*3
Q«
PQ
n 'v
Ts •>.
- - *>->
PricenommaU

5 Furo laser also pays aoornsil mtareal.

« l a L ondon,

i l Coupon off, f Ia A m itord a m ,

^ t i a F r a a s f jr i, G t m a i y .

THE CHRONICLE

JUNE 16, 1894,1
GENERAL

QU O TA TIO N S

OF

STOCKS A N D

1029
BONDS—■Continoed.

For Explanations See Motes at Head of First Pass o f Quotations.
Bid. Ask.

R a il r o a d B o o t s .

R ailro ad B oots

Bid.

Ask.

R ail r o a d and Misoel . B o o ts .

Bid.

Ask,

Old Colony—
1904........... AAO J1C6 107
St. L. & Ch. 1st eons. 6s, 1927.. J&J
35
C. P .-L iii. & C., 1st, g., 5s’ 18.A&O
41
1021* i n . . ® S.F.—ad 6s, ol.A,1906.M<sNi 112
4i*a, 1897............ - ................J * D }102
49
Ore . 8 I10rt-L. A. IT.
Con. .. .
4s. 193.3.................................... J * J s 1041*1116 i 2d >1., 6s, class B, 1906....... MAN 112 113
Collat. Trust 5s, 1919 . „ . .M<feS 40
1141*!115
: 2d I t ., 6s, Claes C, 1906___MAN 112 113
&JJ .six
* _
B. C. F. A Ni, B., os,, 1910 ..J
..JA
78%
Oregon Sliort-J^., 6 s. 1922 .. F&A 78
K. B edford B i t , 7s,.1894..J&J
1894 .. J<fcJ OOO^ .10012 1st m. Mo. A W. 6s, 1919 ...F & A el 10 120
Utah SoutE.~ Gen. ,7s, 1909.. J&J
83
451-31
Equipment 7s. 1895............... J&D
Omaha A S t. !<.—1st, 4a. 1937. .J&J
do E xt, lst,7s, 1909 J«5cJ
81 i
General m ort.. 6s, 1931......... JAJ *94% 95%
O reR .& C al—l « t 5s, 1927.........J&J
Utali & N o r —1st M. 7s, 1908. J& J
General m ort., 5s, 1931......... J&J
83
Ore.-. R 'y AN’ av.—1st OS, 1809. J&J 1041s 104%
Gold 5s, 1926.......................J&J
1st trust, g „ 5s, 19S7............ A&O
67
Cen.af.5s, 1925.......................J&D 62
U.P.Den.&Gulf con.,5.g ,1939. J&D
39
Con. gn. 4s, g ., 1990............. A&O
U. &BL R.—Con. 4s, g, 1922..J&J 1 0 ii4 105
Collateral t r u s t ! a, 1919— WAS
Kan, O. &Sw., 1st,6a,k.,1916., J&J
Osw.ARom e—l 9t M .. 7 s. 1915.MA-N 130
Utica Clin.&Bing.lst 5.19H9.. .J&J 110
S FE.8.& V.B.Bd., 1st,6s,l&10. A&O
Valley of OMo—Con. 6 s, 1921.M&S
2d. c. Ss. g u tr.. 1915............F&A 107 •
65
8t.L.K.ASo.W. -1st 6s, 1916M&8
Panama—8 t«rl*gM .. 7s, g. ’ 97.A& 0 e li 3 108
Ver, & Mass,—Guar. 5s, 1903,M&N §V06^ 106%
96 I Kansas Mid.—1st. 4s, 1937. J&D
Subsidy bonds. 6 s, 19111---- MAN -e 92
Va. M lol’d.—ls t s e r ., 6 s, 1906.M&S 114*2 115%
Penn. R R ,—Gen. M. 6s. e ,1910. J& J1 1SO 132% i St. Louis Salem & Arkansas—os ,
2d series, 6 s. 1 9 1 1 ...._____ M&S 11412 115%
130 . St. L. W. & W., 6s, 1919....... M&8 il0 3 %
den. M. €s. £ e. 1510.......... J 4 J ;e l2 8
3d series, 6 s, 1 9 1 6 .............M & h 106
56%
it, h. So, W. 1st, ft.. 4s, 1989. . .MAN
75
Cons. M „ «a,cr>.,'05.J. 1 5 * I>. 15
4th series, 3-4-5s, 19 21......M & S
85
16%
35
98
Cons. M, 8 s, £ d o
d o . . . . . . ;119 121 | 2 d ,g „ inti. 48,1988 ............... J&J
5th series, 5s, 1926............... M&S
98%
87
it. L. V. & T. H.—1st M., 7s, '97.J&J 10J%
Consol. 5s,
1519-----....M A S
General 5s, 1 9 3 6 ................. M&N
87
108
Co m . 4, g .. 1 9 4 3 ........... ....M A N t i c s ” i 10 ’ i 2d mort., 7s, 1898.................MAN
SO
do
guaranteed, stamped___
2d. 7s, guar., 1898................M&N 1C6%‘ 108% Wabash—1st gold 5s, 1939. .M&N 103% 104
Collate till trust, 4 ‘-ss. X3 1 3 . 2 & I
......j
74
Equip. Tr. 4*. series A.......... 0 —i
2d gold 5s, 1939.................... F&A
75%
21
R. B.por.monfe}- 1st i*,1923.M&:S
2d m ort.. 5a. 1917.
.A&O 104
Deb, mort., senes E, 1 9 3 9 ...J&J
25
109%
Det. & Chic. Ext.,lst,g.,1941.J&J 100 101
Penn, Co., 6 e, coup ., 1 0 0 7 ,.Q.—J io*a%1
118
Penn. C o .le t M „4.% s,1921,..J&J 112%! 1X3 !
StJuK.C, &N. (r,est.&R.),7s.M&b 105 105%
1043.1
iiT
'. . '. 3
•-1-.
do St. Cha’s Bridge 6 s, 1908 106
1‘244, 1.........j le t consol. 6 *, 1 9 3 3 ...............J&J i n
l* t m ort., 7*. 1906_________ 3 * 0 (1 2
do No. Mo., 1st, 1 8 9 5 .. .J&J 106
94 1 let consol.,reduced to 4%e ...T&J 101%
W. Jersey & At. 1st M.,6sl910M&S 105
& RE. consol. 4s, 1939.......... A AC
Montana E st., 1st, is , 1937. J&D
85
Penn. A M . W .-5 * . 1930.......... J&J ICO
West Jersey—1st, 6 s, 1896.......J&J 105
85 . . . . . .
Pac. E xt,, 1st 4s, £ , 1940....J & J
1st M.,7s, 1899.........
A&O 113
Peo. P ee. * Ey.—Dsi, tia, 1920.JA.
M a n 's U’n, le t, 6a, 1 9 2 2 ___ J&J i i T *
West Shore—Guar. 4s, 2 3 6 1 ... J&J 105 105%
2d m orwuge, 5*,.1926---------MAN: yS
Montana Cent.—1st. 6s. 1937J&J 113%
EvannvIUe P ly .,1st Gs.1920 >*&•• 85
WestVa.C.&Pitts.— 1 st, 6 s, 1911J &J 105 106%
102
let, guar., g , 5e, 19 37....... J&J
West. Va.&Pitts.—letos, 1990. A&O e l 10 112
Peo.A Pekin O r . -ls t ,6 s ,19 31.0 —1 j 109 !
63 ; 64 f E i-t'n.M ‘ini.,1st,u.,5s,190s. A&O i o o %
West. N.Y.&Penn—lftt.bs, 1937J&J 100% 101
2d mort-. 4 4 s , 1921............. .'lAN
21
22
Willm AS’xF.i8t,56,g.,193S.J&D ell)4 106
2d in., 3s g .—5s sc. 1927___A&O
Perkiom eii—l* t ser.S s, 19 18.Q -J ! 110
92 1 St.P.&No.Pac. —G eu.6s.l923.F& A
88
Warren & Frank., lst,7s,’96F& A 104%
I d series 5s, 1918................Q .- J
. ,n1Tirr 1 i.A n ,* A .P .,lst,g ,gu.,is,1943.J&J
56
\
West’ll No. C ar-C on . 6 s, 1914.J&J 103% 105
Petersimrit -Class A , 5s. 19 26,3 *1 107
no
113 i HanF.&N.P.—l*t,.% g., 1919.. .JAJ *87'
. . . . . W.Penn.—Pitts.Br., 1st 6s,'96.J& J 104%
Class B , tie. 1926...................A&<
115
PM ta.A £.-O erj.rnar,,6«,g.,‘ 20.J*J! 129
Gold 4s, 1928........................... J&D
49
Wheeling & L. Erie—1st, 5s, ...1 9 2 6
1™ V
General 5s, 1 9 2 0 ................. A&i. i l l
102
98%
■j«v. FI. & W,—1st. 68, 1934.-A&O 102 % td5%! Wheel. Div., 1st, 5s, 1 9 2 b -----J&J
G eiorat 4s, 1920........... _ . . . . A&t 101
At. & G ulf, con. 7s, 1897 ---- J&J 105%
Extens. and Imp. 5e, 1 9 3 0 ..F&A
Sunk. A Eilfc—l s*. 7s, 1897..A&0; 109%
118
105
Bo.
Ga.
&
Fia.~
‘
“
J&J
Consol.
4s,
1
9
9
2
...................
P all, * Read,—24 t* . g -, 1833. lA G
Wilffi. Col. & Aug., 6 s, 1910 ..J&D 113
2d, 7s, 1899....................... MAN) 102
1st. 6s. 1910.............................. 1*5 1‘JlS
73 j Wilm. & Weldon—7s, g., 1896.. J&J 1081*
Scl>>!. V.&.>.E.-lst,g..4s,1989.>l&N.
C oa*ol.M .,7».19H , res * e p .J & I : 126 127
120
Seaboard & Koan.- 6e. 19 x6 ..F&At
5s, 1 9 3 5 ............................... ...J & J 11134
Winona&S. W'.—lst, 63,g .,l B28.A&0
5s, coup.. 1926............—. . . . J&J 100 *1*02
In;proven,.‘tit ntoR .,6#, '97 .A,10 105
73%
99
Cent.Co.—1st,5s 1937.J&J
. . . . . . Wiaeon.
1
3eat.i„8.& E.—1st,gold.6 s,'31.F& a
160
Coo*. 5*. i#saerSe*,t#s2.,...M *N
8
9
47 [] Incomes, non-cum,, 5s, 1 9 3 7 .....
40
T ru .t receipts........ .......................
D eferred liiiom v 6a...... ............... .:
70% 7&% iimuj.rftm.& Lew.—1st, 5s,'12 M&N . . . . . . . . . . . . Wore. Nash. & R.—5s, 1 8 9 5 ... V&r, 5100 101
Mew gen. m ort., 4s, 1958— J&J
I
l
.
.
.
__
ifaam.V.*
Potts.—7
s,
eon.
1901
J&J
.T
IIS
C
E
L
IiA
S
E
O
U
S
ISON
P
S
,
117
31
1st v m t !» c .,5 « , gold, 1858— 1,
2d pref. toe., 5», gold, 1958— 1: . . . . . . 2 1 % Bod us. B ay & 8 . ls t S 9 , g .,la 2 4 ,J *J j ........ >lln- .1 Amer. Bell Teleph’e —7s, 1898.F&A §1 1 2 % 113
So. C m . lN- V.)—Convo,. uiort., as.
20 i Am. Cot. OJ—M. g. 8 s, 1 9 9 0 ..Q -F i 114
3d pref. Ice,, 5*. g o 16. 1988— i i i>%
American Deb.Co., cil. tr. 5s, 1903| 9s%
So. Car —let, 6 a, 1920, tr, rec.AAC* 100
3d p ref., m e., 5e, eoavertodi, ,» i j 18
103^
3%1
102%
2d
mort.,
6a,
1931-------------J&J
T itle . 5 4 gold, guar., 1811 if —i
2 !
§ ....... 1 0 2 %
Incom e 6s. 1 9 3 1 -------p .:ll. Bead. A Sf» E.—4s. 1 6 4 2 -----<
>
1 0 1 % 102
Boston
&
Mon.—7s,
1902-07.-M&&
91
81
.
Pao.,Arir.—1st,t;.<,l909-10.J&.!
93%
*
1aeon *", Class A........ . 1952...... .
83
83%
Host. Un. Gas—5s, 1939, r.ree. J&J
8-, Pae.Cal.—l8t,68,K.,1905-12 A&O 107 %
Inroituv, Class B . . . . . . 1 9 3 2 ......;
49
Ohes.
&Del.Can.—1st
5s,1916.
J&J
1st
con.
g.
as,
1933...............
A.vO
95
PklLW, A B sit.-P e C .4 s. I u IP a A i
88% 88%
1-e eons, u,, 5s, guar., 1937,MAN
90 ........ i -Chic. Gas h . & C.—g. os, 1937..J&J
§107 109
6*. 1 9 0 0 ............... .-AAC
Cldc. June. col. g. 5s, 1915— J& J 104
82
ft 66 108
Aust.&Norw.—I » t ,5 s ,g .l9 ilj &J
5 8 ,1 0 1 0 ..............................
Coal & I—6s, 1900.. .F&A 9 9 % ItO
80% 93 ! Colorado
8 0 . Pao. Branch—6 ». 1937 — AAO
Trust cert*. 4s, 1921............ J&J; 4103%
Col. U. & l.Devel.gu.5s,g.,1909.J&J
.......
.
j
97
08
ICO
3o.
Pan.,
,N.
M.—let,
6
*.
1911
.J&J
Pled. A Cuinu.—1st, 5s, l o i 1 .PAA
100 ; Cob &JBloek. CT&l' a—g. os, 1917. J&J
3pok.Fails A N.—let 6s,g.,1939.J&J 5........
§---Pine Creek ,ti. 6s# to g ., 1932, .1* h
4%
6
106 |OomsPk Tun.—1st in. 4s, 1919.M&N
Stale U & 8ul.—1st ti», 1 8 9 9 ...JAJ 103
' "
PU.C.l ,A
* 4 * 4, ;t>40A ,kOl 102%
s ', t . Isl.R .T r.—ls t 68,g., 1913.A&O . . . . . . . . . . . . Consol. Gas, Balt.—6s, 1910. .J&J 116% 1X7
Cons. 4 4 *, series B , 15 >2— U '< 102 %
103%
104
Consol.
5s,
1939.............
.......
J&J
2d
imn-t.
guar.
5a.
g.,
1
9
2
6
...JAJ
Ci’ih 4 4 s, seiles, C, i y l . . . M., N
.
Oonsolid. Coal—Conv. 6s,1897. J&J 102%
8anK.HiB.AW-B.—latJ5»,lB28M.AN 104
Pittso.C, A St, U~~i M
»0& 1 « A | i ' i i h
81% 81%
Cousum.Gas.Ohio.—1st, g. 5s.l i36
I 2d m ort., Ss, 1938, teg....... MAN 103
Pitwb. «.1.4tToi»—1st, 6a, 1922.AAO' . . . . . . ( i n
Denv.City Water Co. 5 t«,g.Tu.M&N
iunii. & le-wi.Htown. 1 -. 1S06..J&J
PUtsfr.ACan'ltev.—1 it .M,7*,"08.J.4J ■ 111 [U 2
Denver Con. Gas isc 6 h, g — 1911 5 95 106
Sterling e s m . M. 6»,g.,,*ts»r J& J * 29 13l rouAp. B. & E m June.- -I8 t7 s, UhJO 107%
Deir.Gas.—oon,lst,g.5s.l918-F & A
s r. iting.&N'.Y.—eonS'>5..7i-,’d0A.vO 129
.........
T i t U b S t W . A C .~ l » t ,7 * ,l » i 'l V « 136 1.
tiver Gas— ist,g.5s,194r
r«r,P.K.A.St.L.l8t,g.4%,
1939.
A&O
.
.
.
.
.
.
.......
U38
24 m o rt.,7*. 1912....................Vat
i063g 106%
102 ! Edison Elec. III. O . —1st, 5 s ..
lo r .ll & C .~ Ut,;«»,gii.,g.l042,M AS
3d m ort..7», 1012................. A&>
94%
Eq.G’e&F.,Chic—Istg.bs, 1905. J&J
K tw b . Juac. 1st Os, 1922 .......JAJ 117 ( x i i ” 1e: i e 11. & fojg'pt.—let.gU., 6 S.J&J 107
86% 87
General Elec. deb. os, 1 9 2 2 ...J&D
let and 2d, lie, 1013.......- . . . .J&J 100
....
PitttO. A haim E- S A M , 1828 A&O 100
.
.
....
Gr‘dRiv.Cl.&O.—1st
g.6>.’
19
A&O
Tex.
Cent.—lst.sk
.Id.,7s,1U09M&N
.
.
.
.
.
.
Plttsb, McK.A Y .-l* l.6 * ,l9 3 2 .J A J 124
Hocker*J*me.u-Jewell Mtll’g 1st. 6s. 5 ........ 106
ls i m ort., 78,191 1................M&N — •--2d
1934...................... ........J * I 122
108
Henderson
Bridge—6s,
1931
..M&i:
j:
Texiia
A
New
Orleans—lst,7«.F
A
A
........
M eK .* H. V e r.l»ti,s.«.,i9 1 r J A J 123 1i 25
___
Hoboken L. & Imp. os, 1910..M&N
riablne D lv „ 1st, 6 s, 19 12...M AS 104%
i 93
Pitta. Pain. a K 1st,*, .*», 191 *>J&J
87 ___Tlt
91 ........ Id. Stem Co.— Deb. 5s. 1910.
Cons, g, 5p, 1 9 4 3 ..............._.F&A
PUtAStMA-A L. E .lS t 5s , 1940. AAO
100
101
Indianapolis Gas let 6s,U20.M&N
Tex. & 1-. K.mt.l). 1st t8.UKJ5.fuvS 104
83% 1 86
PtttsM. A West.—1st. 4s, 1817.JAJ
75
65
HI
82 I Iron Steamboat Co.—6s, 1901. J&J
1 st gold, 5s, 2 0 0 0 ...................J&D
Mortgage 5,1801-1941....... MAN . . . . . . 80%
86% 86%
2d gold ln c „ 5s, vOOO.............Mob 2 -H 2s V Laclede Gas, 8t. L.—5s, L919.. Q—F 109%
Pitts. ? . A A * k —lsM>g,l827 ..MAN lo o
u
t
high
C.
&N
a
v.—M.4
^s,
1914.
Q118
.
Third
Avenue
lat
5»,
1937.
...J
&
j
-T
-Ia iittabai* * P i t t * .- u t 6s. 19 *18. 1 J4%
106 h> ____
R li. 68 ,189 7.................... — Q60
To' A. A.&Cad.—l8t,6s,1917.M &t
P O n i'o d A O g * * - Ueea.K.. 1800J *4 § .0 7 109
1 0 1% .........
8i ;
Tol. A. A .& G r.T.—101,03,1921.J&J
105
Port lioy sl A Aug.—1st.6a, ’9 0 .JAs
n
o
Mort. 6s, 1897...
~43
55
Toi. A. A. A Lake M idi.— 1st 6 a . . .
Incouio m ort.. 6s, 1 8 9 9 ------ .J A .
130
60
Porta.Go F. A Con . —4 %*» 1037.4 A l> § 103 105 licit. A. A.&M.P.—I8t,6s,1916->I&8
104
Gen. mort. 4%s, 1924.........
...J
60
90 ^92% Td.A.Ar.AN .M. -lst,tin,i;,24..U&N
PfitSBMM Val.lst gu.Ss,4 ,1 9 1 1 .JAJ
......
Mich. Pen.Car—lst5s,g.,1942
1st consxil. 5s, g. 1940............ J&J
Pres. A Arts. C.—1st g .o s.iw ia J AJ ......... j 60
115
107% ........ ; Mut.Un.Tel.—Skg.fd.6s,! 911 -M&N 1 9
T o l.A OtuoCent.—l« t , »s, g u .U u
24 ine. os, 1916.......................JAJ
93
94
102
lat,
5s,
g.,
West.
Div..
1935.A&O
Pro-.-. A Wore**.—1st € 8 ,1 8 9 7 .4 * 0 ,!• 5% 107
5106
106%
80
Tol. A O. C. E x t.—lat, 5a, g „ 1938.
Bslelsti A Gaston—is , 1898., .J *J 1 D.I" S 112
25
New
Orleans
Pao
—
l
aud
grants...
90
D o do guar..............................
Ken.A&’toga—1st 7S.1921 oooJtA N 141 ..........
107%
30 _____ j
. , , 118%
. . . . .,
M arietta>lin., 1st, 6 s, g ., 191 o . .
Rick. A D a c.—Gen.m., 6«, 1915JAJ 117
100
80
|
7,
Tol.Peoria*W .—1st,48,1917....J&J
DebtotQM , 6«. 1927..............A A o
5530 55%
to
!
T ol. 8 LI>.AK.C., 1st,6 s, 1 9 1 6 ... J & D 59
72
COo. g.
IW t .trust ten s-A .tU :
61
62
Penn. Canal—6s, 1910. ..
1
.
0
1
%
!
100
Ulster
&
Del.
con.,
5,
1928---J&D
Ef|01J>. Mi*.
M. B*
*. (f.. Q5«»
JEt*.jl*-*l*.
f , l1 «3 o
W », .........>1*8
» « « « . 4 , 1*1MT
• «»»**
ifiA . ,»
c.
102%
W i th . O. & W is- gu. W M .F & A ' ................... United Co’ 8NJ-Gen.b8.1901.M,vfc 114% 115 }! Penn. Steel—1st 5s, 1917.
99 4
106%
1
0
7
%
!
do
g e». g.
Bleb,. A
m,
99% 100
do
1904.
2d
101
.....
gen.
do
B leb, Y ork IL St C h m ., lat 8a, 1894 ICO
91% 92
106 107 jl 1st con. 68, g., 1943.do
m m o n ., m * m o . . . — . . m a n ! 0 0
X
---- _____
Peoria
Water
Co.
6s,
g.,
1919.M&N
112%
AS ! 56 j
Ft.Ter., *}», tr.m u F AA
9x% ____
Pleas. Val. Coal lst6sg.l94d.AM<!
l
u
i
26
j
1st, 5#, tr.rec.M4t8
112
115
Proctor
&
Gambie
1st
6s,
1940.
p
10-11,
1st* 69,1897.
B io O rsbjjdc W e s t-, 1 s t 4 s ,1 9 3 0 .J A J
el3d 134
St.L.B’dge&Tun.—lst7s,1928.A<!
106%
87%; 89 ;
B io 0iwJoxK3%l«t ca.S#*lO30. J4cl>
Sp.
V
ai.
Wr.
Wks.—1st,
6s,
1906.1
V
L
106%
B io <ir.
Ss, lIMu.JtfeJ
100
Sunday Creek Coal—1st, g., 6s.
c l 13 118
i t o f f i i W ^ O . — C o i o . e x . 'i f / a S . A & O i i i e !
82
82%
80
111
|
u
o
%!
B a tljfflft— XM M ., 6 # ,
85
'
60
Collateral
tm
at,
5s
t
Uqulmummit 24 Ss,
FA o tibO :! ico% :
84
85%
......... do 1
64 j1 e i%
IOd 105%
......
15 5
M m m t . A m , 5#, 192S, coup, off]
111
115
. . . . . . b6
; 47%
K » n , €. A Om . 1st St, 1927. -Joeu
1 87%
Bl* L. M L & T ,B . U ^ M .,7 9 , *94. V sj j 105%;
........ 109
102
Bans. Pao-» lat, 6s, 1895.
m t o r t ,* m ^ L , 7»f 1 8 9 4 ..—..Var; 10234
' ........ 70
104 io n
d o 1st M., 6s, 1896.
2 4 Inm rnv, 7s, 1894....... —
i 100%
. . . . . . 107
do Den. Ext., 6«,lb!
8
B e lt o .A 8.
j|
5e 7
Ala. Gt, South — A., 6», prex.,
77
■ 75
do I s t eons. M.,0s, 19
2%
B «iiw .A € fir,, l i t 8a, 1923..J&D!
u
1%
........
102
i
o
i%
Cb §1 L»A
5«# 1917.. s
%
j «
%
Ala.
N.
O.
&
Pao.,
&e.,
A,
104
........
84
St. L S ostb,, 1st* 4s» 1981 -M A S
Je
h
%
do
do
B,
" . . . . . . 41
O 28 , iMOnwm fti* 1931 .. - MAS | 10
Alabam a & vfckabn rg „ ,
«a 1Ofi’i O —P
*0
At,..T.cv> * w
CNm 4>. A .* W w

1m O %

«

ro

| Pnxftbaflfir ih **pays hootckk! luterdstM s Iff Dofflon. I Couponoff. f Price por share. t Pa Amsterdam

tin Frankfozfe 1

THE CHRONICLE.

1030

G E N E R A . Li Q U O T A T IO N S

OP

STOCKS

AND

[Vol. LVIII,
BONDS— Continued.

For Explanations See Notes at Head o f First Pas© o f Quotations.
Bid. Ask.
R a il r o a d St o c k s .
Misoel. Stocks.
Bid. Ask.
Misoel. Stocks.
Bid. Ask.
Kan. & Mich.......
7% St.Louis Southern. 100
ISan Francisco Gas .... 71% 71%
7H
20 St. L. <feSo'west... 100
3%
K. C. Sub. Belt... 100 17
4*a |N.Y. & B R ’ K L Y N
9
do
Pref. 100
7**
Kan.O.Ft.S.&Mem.lOO
7
8*4 I H O R SE R R S ,
40 St. L. Van. & T. H.100
Kan.C.Ft.8.& G.pf.100 35
Securities
in
Sc. Paul & Duluth .100 2 3*4 26 |Local
Kau.C.Mem& Bir.100
h r o n ic le each week
90 I Cexcept
do
Pref. 100 85
Kan.C.Cl'n<fe Sp’d.100
3d o f month.
St. P.Mnin. <feMan.100 103 107
Keokuk fe Des M..100
TELEGRAPH.
do
pref.. 100 13 ...... . Sharon of Pa., guar.. 105
Amer. Tel.<fe Cable. 100 87
120 Keokuk <fcWest’n..l00
Shore Line............ 100 *169
88%
Cent.
«fe So. Am. Cable 102
Kings Co. Elevated...
South Carolina.... 100 ......
Oommer’l Cable Co 100 125 105
14% jake Erie <teW_100 16
11
16*8 South. Cal. pref....100
9
;
Franklin...............
100
do Pref. 100
66
67 Southern Pac. Co.. 100 19*4 20
35
40
L. 8h. <feMich. So.. 100 1313s,
61*4 [Gold &. Stock...... 100 103 104
oi-a 132 !8’west.,Ga.,g’d, 7.100 61
206
jehigk Valley........50 37*8| 38*4 State Line & Suli.. ..£0
15 Mexican................ 100 190 200
190
Little Miami........... 50 167^169
Summit Brauch.Pa.50
5*4 6 1North west, guar___50 102
Pacific & Atlautio__
Sunb’ry & Lewist’n.50.s 60
146*4 Little Scbu’k’l....... 50 } 66*2
55
65
IPostal Tel. Cable.......
90 Terre H. <fe lnd’uap.50 160
150 Long Island............ 50 87
65
South’n
<fe Atlantic.25 82% 87%
0 100
11
Long IslandTrac.. 100 15*4 15% Texas Central............
Western Union__ 100 84% 85
3 250 251
jOU. Evans.<teSt. L.100
do
pref. 24.
3 84
86
do
Pref. 100
Texas & Pacific ... 100
8 78
TELEPHONE
85s
5
6
46 38 Tol. Ann Arbor & N.M
) 121, 14
Umisv. & Nashy.,100 46
American B ell.. ..100 202*4 203
37 Erie...................... 100 46
35
0 15
17 L. N. A. <fcChicago. 100
7
8 Tol. & Ohio Cent’1.100
46*4
76 Hudson River......100 3 4
23
Pref.. 0 68*4 70
do
pref. 100
27
do
Pref... 100 70
do
36
0 ........
Louis. St. L.& Tex. 100
5 Tol. Peor. & West. 100
Mexican................. 10 70o. 90c.
f.Ro<
138
3 N.Y.& New Jersey. 100
41*
do
0 ........ 62
Louisville Soutli’n.lOO
5 ToLSt.L.&K. City.. 100
9*4 New England......100
Mahoning Coal RR.50 100
) 48
do
pref.. 100
61
62
) 8 ........
do
Pref.. 50 105 lit) Ulster <&Delaware. 100
Tropical...................10
0 s 30
Maine Central__ IOC 109 UO U. N.J.KK <scC. Co.100 232%
do
T R U S T CO’ S
0 50
50*4 Man. & Law'ce__ 100 233 236 Union Pacific........ 100 15*8 153a Atlantic................ 100 210 235
) 633g 64H Manhattan, con... 100 116*4 117 Un. Pao. Den. &G.100
4*4 4 7g Brooklyn Trust ...100
400
) s .......
5 Massawippi......... 100 115*4 117 Utica <&Black Riy. 100
Central..................100
1 01 0
8 51
do
Mexican Central ..1 Go
7
7*4 Vd.& Mass.,l’sed,6.100 144% 145 Continental.........100 990
152
157
0 8 49*4 . ..... Mexican Nat., T.R.100
do
2 Virginia Midland.. 100
700
Farmers’
Loan
&
Tr.2.,
97 Wabash RR..........100
)
2
6 Michigan Cent__ 100 95
Franklin............. 100 240
5 12
do
15 Mine Hill <feS. H....50 8 69 *s 71
15*4 15% Hamilton.............. 100 185 245
195
12
Mtnn.& St.L, t. rec.100
0
11
Holland ................100 100
[) 46% 47*4 Pref., trust rec . 100
do
8x16*4 47 Kings County....... 100 260 120
) 106*4 107% t£in.8t.P.<fe S.S.M.. 100 10
ax75
10Sj
do.
75*4 Knickerbocker__ 100 182*4 137*4
) 8 48*4 49
8 51*4 55
35
do
pref.... 100 32
Long Island____ 100 210 220
14
14*4
do
Pref..J O s ....... 60 Mo. Kan. & T......
Manhattan..............30 120 130
8 .......
ntral Paolflo__ 1( 0 13% 14%
do
pref... 100 23
23*4
15 Mercantile............. LOO 340 360
10
22
ar. Col. & Aug..l(
Missouri Pacific... 100 27 78 28*8
3
1*4
Metropolitan, .. ..100 285 295
17*4 18
Ohes. & Oliio............
Wheel. & L. E...... 100
19*4 20
1 0 % 11%, Nassau................. LOO 135
145
Obloago & Alton.. 1C 139 142 Morris &E’x, gu.,7.50 155 1*8
do
pref. 100 43% 45% N. Y. Guar. <&lud.LOO 325 330
75
Wil. Columbia & A. 100 107
ao
pref. 1C ........ ........ ~ ' Chat. <feSt. L.100 70
N. Y.Life & Trust. 100 6«0 690
78*« 78^
Ohio. Bur. <feQuin. 1C
100 N.
Vilm. <feWeldon, 7.100
& Decatur...25
Y.Security & Tr. 100 230
2 1 6 " 215
Ohio.& East. 111... 1C ...... . ........
Winona & So. WestlOO
Peoples’,Brooklyu 100 240 242*4
4*4 5 % Real
s245
do
pref. 1C .......
..
Visconain Cent. Co 100
Estate L.& T. 100 150 160
........
Ohio. G.W., 4 p. c. De
54
25 State...............
do
Pref. 100
100 185
........
8 92
5 per cent pief. A.
W ir.Nash.4s Rooh.100 119 119*4 Union.............
100 675 |725
61
185
COAL & MINING
61%
United states...... 100 827*a 840
do
pref..
• 119m 120
9778 98*4
STOCKS, N.Y.
S. Mortgage Co. ... 165 170
87
90 U.
i. & Northw’n.
1 0 6 % 107
13*3 14*4 American Coal...... 25
141*4
do
do pref., 7.
11 Washington.......... 100 180 190
1st pref. 100 65
68
9
Col. C. <fcl. Devel.. 100
........
do
2d pref. 100 28
29*4 Col. Fuel & Iron.. .100 24*2 26
RISC’ LLANEO US
68 78 69%
do
Pref.. 100
STOCKS.
68*4 72
114 115 Col. & Hock. 0. <te1.100
7
36*4 37*4
8% Adams Express... 100 150 154
do
113 116
Am. Bank Note Co..50 48
14*4 14*u ConsoLCoalof Md.100 27*4
51
do
8*4 10
Pref. 100
Am. Cotton Oil__ 100 28
Homescake Min’g.100 14
29
160 162*4
V&N.E. $5 pd.100
25
do
pref.100 68
8*4 10
Leh,&Wilkesb.Coal 50 2 1
69
30
60 American Expres-100 109 112
do Pf. $ 6*4 pd..l00 41
37
44 Maryl d Coal, pref.ioo 40
s 55
Oin. Sand. & C.pf.
179 183 Minnesota iron.... 100
57
50 Amer. Straw Board...
1 2j5g ....... ;
devel. Ak. <k Coi.l
7
155a 15 78 New Central Coal .100
9 Amer. Sug. Ref, Co....... *98^4 “99~
........ •50
Oleve. Cant. &So.. 1
8%
do
pref........ 91
*4 Ontario Sil. Min’g.100
92
*4
......
To
do
pref.l
2
pref..
American Tob. Co..50 87
% Pennsylvania Coal.50 300 325
87%
*8
CJlev. C. C. & St. L.l
2
37*4 38*4
3
do
pref.. 100 100
Quicksilver Min’g.100
.......
do
pref.l
18 Am. Type Founders, pf
do
Dref.100 14
15*4 16
150 154 ,
01. & Pitt.,guar., 7.
do
41*4 Tenn. Coal «feIronCo100 19% 19% Aspiuwall Land. . ..1 0
Pref. 100 4L
5*4
5 ....... j
Barney Smith Car..
do
pref.100
75
17*4 18 .
Boston Laud.... ....lu
E L E C T R IC
4 78
4*8
Pref..
60
80 Boston Water Power.. 8 75c. 1*00
66 J
Brush, Balt., pref.100
178 181
do
pref. 100
Common ........... 100
Brookline (Mass.iL’dS
3*4 4
___
Oon. & Montreal —
Con. Elec. Storage.
3% 4*fl
1 % Brunswick Co...... 100
146% 147 i
s 63
68 ^ Edison HI. Co. of N.Y. 99 100 Canton Co. (Balt.*.100 72
74
159 158*4 f
8 45
48
“
“ “ Bklyn. 101 102 C. J. R’y’s U. St’k Yds 97
98
165 175
149 149*4
“
“ Boston.... 117 117*4 do Pref...............100 102 103
125% 125*2
4*s Ft. Wayne Eiec.0o..25 8 1*4 2 Olaftin Co...............100 93
4%
98
do
229*4 230
Pref. 100 16% 17% Gen. Electric Co. ..100 37*4 3 7 % dolstpref.non-c.100 95 100
29
32
169 171
do
pref.100 67
69
do2d pref.non-c.100 95 100
Day. & Mien., g i ..
75*4 76% 1
3
6 Int. Conduit & Ins. 100
55 Con. Kan. C.S. <fe R.,25
135
174 175
do pf.,gu.,8
25
50 Edis’n Phou.ToyMf.Co. ........ 50c. Diamoud Match Co ..
......
179*4 180 North Amer. Phou. Co.
Disc. & C. Feed. Co.100 25*8 25 7e
129*3 131 C
12
16 Thom.-H. Sec. Ser.C. 10 8 4*4 4 % East Boston Land. ...
5 7g
5*8
Del. Lack. & Wei it.
160*q lt>l*4
6
7%
Frenchman’s Bay Ld.
do
do Ser.D... 8 4*4 5
2
1*
Deny. & Rio Gr....]
.......
.50 8 49*6 49*4 Thom.-H. Lnternat.100
Hecker-J.-J. Milling, pf
__ _. ....... 1
do
preLI
do
pref.. 100
Henderson Bridgo.iOO
Dee M. <feFt. D'g v 3
7
4"
6 Thom. Welding Co.100
8
Illinois Steel........100 47*4 49
do
prei .3
30
45 J
4
2
3 Iron Steamboat...100
.100
4*4 do Europ.W.Co.100
Det. Hills. & S. W 3
91
92
106 U. S. Illuminat.Co.100 40
.100 102
Keeley Motor...... 50
2*4
4*4
Det. Lan. & North 3
•20 •25 1
West. El. L. Consol: 50 8 36
37 Larnson Store 8er. .50 8 20
21
do
pref 1
5_
7 J
.50 8134*4
LeniguCoal <»Nav. 50 8 51
Do
pref...... 50 8 52
53
51*4
Duluth S. 8 & Atl 3
4%
5% 1
17% 175a
Manh’tt’n B’ck Co.100
GAS STOCKS.
3*4 6
do
pref. 100 13
16
Balt. Consol. Gas .100 63% 64 Maverick Land.... 10 8 2*8
230
E. Tenn. Va. CtGa.lOO 1 6
7
Bay State................50 * 8% 8% Metropol. Tract’ a.. 100 113*4 114
do 1st pref. 100 1 11
11
14 J
12*4 Brooklyn................ 25 103 105 Mex. Nat. Joust, pref.
do 2d pref.. 100 : 8
do
9
pref.10 1 43
45%
Citizens’ ...............20
60 Mieh.-Pensu.Car.. 100
East Pennsylvania.50 5 53%> 54 j
s
5
Fulton Munioip.100 128 132
do. pref.......LOO
Eastern in N. H...100 77*4 78
150%
Metropolitan.... 100 132 136 Morris Can., gu. 4.100
68 ........ 1
8 31
155
33
Nassau.......... ...25
do pf.,gu.l0 .1 0 0 180
■tdo rec
28
§.......
70 Mt. Des. <feE.S.Land.5.
People’s............... 10
28*4 I
5a,
Elmira <&
s 45
47
WilQainsburg__ 50 137 143 Nat. Cordage (new),
do Pref..
70 I
8 5
Chariest'u,S.C.,Gas.25 8 ....... 23*4 do tr.reo.all assc.p’d 24% 24*8
51
do
Pref..50 20
56
26 Chartiers Valley..lOO 8 13*4 14
do
do Pref....
47
45
11
i.You Lgs.&Ash.50 8 45
13
j
Chic. Gas tr. rec... 100 78% 79 National Leal Co......
383a 38%
do Pref....100 70% 71
do
pref__ 50 8 60
Cinoin. G. <feCoke. 1Go 203*4 2 u4*4
do
pref.........
85
84
Flint <fePere Marq. 100
15 ]
129% 130 Denver Consol....100 45
60 Nat. Linseed Oil Co.-. 17
18*«
do
pref.. 100
43 J
Nat. Starch M. Co. 100
Augusta
Hartford, CD., G. L..25 3 1,
9
8
Fla.Cen.&P. -V.T.Cer. t 10% 1O&0 I
250 253 Indianapolis, Lad..50 131 133
1st Pref ..............
40
50
...... 1
do lstpref.cum.ioc
L78 185 Jersey CityGas Light. 180
2d Pref................
45
30
do 2dpf.non-ouin. lot 1 38% 38% £
112
61 N. Y. Biscuit Co.....
Cmsumers’ Gas-L... 59
> 7 Ga. Pac. tr. rec... lot
4
104 106
5% 1
N. Y. Loan Luipr’t,
People’s G*a Light.. 140
Ga. RR. <&B’kg Co.100 143 145 J
4
Louisville Gas Light. 106 108 North AinerioauOolOu
3 78
Gr. Rapids & JLnd .100
5
do 1st instal. paid
Oregon improve.. 100 12
Memphis Gas.............
13*ft
Gt. North. Ry. pref.. 101 103
10% 11 N. Orleans Gas L.100 llD 116% Pacific Mail 8S. Co. lOu 14*4 15*4
do 4th mstal. paid
Gr. B. W.&St. P...100
4%
6%
do Pref.tr.reo. 100 16
Penusylv. Steel. ,.100
25
17*4 N.Y. City—Central. 5i 105
Hartf’d&Ct. West.loo 19
30% £
Consolidated... J.Oi 134 131*2 P. LorillardOo.pL.lOO
Hous. &Tex.Cent. 100
do
Pref.. 100
125
Equitable......... LOu 184 186 Procter & G. Co.... 100
Hunting. & JBr.Top.5u s ....... ........ E
Pref. 8 p. c. cuoi.lOO
130
110*4 U l^
Mutual.............. IOC 150
do
Pref.50 8 ........ 50 E
2
2 % Standard das,pf. 10c
76
78 PuiLm’n Palace Oar loo 163 165
Illinois Centrai...IOt 91
92
Do pref., 7...100 71
7l% Philadelphia Co__ 5i 8 22
5
22*4 Sau Diego Laud.,
7
do leasedl,.4p.c. 100
...... £
St. Louis B’dge, 1st pref «107 109
Portland, Me., G. L.5U
Iowa Central....... loo
”3 l ” "33% St. Louis, Laclede. 100 16*4 17% 2d pref. cert......LOO « 45
9% 10*4 fc
47
34
36
1 do
nr^f 10
St. Fjoni* Ten. RR IC l *\07 109
150
6**2 66
Railroad stocks.

Bid. Ask.

0 170
0
8
1 81
J 75
0 1-00
0 83^
0 73
do 1st pref.,6.. 1 0 129
do 2d, pref...... 1 0 117
B. &O. 8.W. Ry. . l 0 .......
do
pref..
10H
Beeoli Creek, guar. 0 ......
0 131
0 x205>i
5 189
0 146
1 149

180
8%
86
80
1-25
85
74

S

B^icd*pitoonominal. §Purchaseralsopaysaccruedinterest.£<Quotationsdollars norshare, «IuLoadon. tla Ainstardam. {3Jasst. paid.

THE CHRONICLE,

JUira 16, 1SD4.]
GENERAL

1031

QUOTATIONS OP STOCKS AND BONDS—C oncluded.

For Explanation gee Notes at Head o f First Page of Quotations.
SfoSCBLLANEOOSST'XS. J Bid. ! Ask.
55
8t* Louis Transfer Go. j 50
624
South'd CoitonOlLlOO; 25
8% 10
T e x .* Pao. L’dTr.lOO
U. 8, CordAg” -------100
204 214
65
do
« p d . guar. 100- 55
39
do
p r e f ... . . . i o o
37
53
50
XL 8. E x p re ss.... -100
52
55
U. 8. Leather, p re f...
4'*
36
0 . 8. Rubber Co. -. 100
92
95
do
p r e f . . . . . . .100
Well* Fargo E x p - .100 120 125
West End Land (Boer.)
11*4 H H
West'a Union i e * f C o.........................

B ank stocks .

Bid.

Ask.

Insurance Stocks .

Bid.

Chicago Nat.......... 100 265
St. Nloholas.......... 100
325
246
CommereialNafc—. 100
Southern Nat.........100 165 185
Continental Nat... 100 i.32* 135
State o f N. Y .........100 105 115
|58
Corn Exchange.
Third National....1 0 0 108
Stafford i Fall Riv.jlOO 109 ........ Drovers' National___
150
80
Tradesmen’s ............40
Starts Mills (N.H. >1006 950 980 First National........100 280 300
United States Nat.100 1*75*
Tecnmsek ( F. R .) , . 100 — .. 101 FortDearborn N a t.... 100 110
Western National. 100 110 112
Thorudlke(Mass.)1000 1250 1300 Globe National............
94*s
West Side...............100
Tremont &3. (Mass) 100 1*0 122 Hide and Leather. 100
145
P h ila d e lp h ia .®
Union C. ML (F.R.)IOO 170 ........ ;ni8. Tr. & 8 a v ............
375
Bank o f No. Amer. 100 270
Wampanoag (F.R.)IOO . . ... .1 0 3 i s International.............
140
Chestnut St. N at..100 100
Wash! ngt'n (new ).. 100 ....... . 100 Lincoln National.........
50%
Commercial Nat___50
Weetatmoe <F. R .i .100
43 ........ Merchants* Nat...1 0 0
102*3
Fann.&Mech.Nat-lOO
Wiiltin’tie Linen Co.25 20
210
22*<>..Metropolitan Nat. 100
201
First National....... 100
York Co. (M O.L...750 xBlO 815
Nat. JRk. of A m er..100
M IN IN G S T O C K S )
Fourth St. Nat’l . . . 100
BAN K STOCKS.
o r . Y. & 8 AN. FRAN.)
Nat.B’k o f R e p ...100 100 103
90
Girard National___40
B a ltim o r e .
*20 ..
National L iv e s to c k .. 210 215
Adams C o n s ..... . . . . .
Manufaot’r8’ N at.. 100 96
Bank of Baltimore 100 144
0 5 ;.
72
146
Northwestern Nat.100
American F lag...........
Mechanics’ Nat’l . . 100
*25 Bank o f Comm erce. 15 16
A lice...............................
Nat.Bk, N.Libertiea.50
17*$.iState Bank — ............
Citizens’ . . . . ........... .10
89
Agtor«a.......................... . . . . . . \
203j Union National.. .100 110 125
Penn National.........50
85
. . . . . . . . . Com. & Farm ers'.. 100 ........ 125%
190
B arcelona....................
C in c in n a ti.
Philadelphia Nat’1.100
85
Belle Isle.............. 100 . . . . ! . . . . . Farmers’ B’k o f Md.30 44 |........ Atlas National ...1 0 0 1264s 130
Seventh National.100
*13 . . . . . . Farmers’ & Merch .40
B e lm o n t............ ..........
60
63
Citizens’ National. 100 220 235
Tradesmen’s Nat’l ..50
99 103
1*40 . . . . . . Farmers’ &Planters’ 25
46 ( . . — Commercial B a n k ..50
Best & Belcher............
S t. L o u i s .
* 5 5 !..... - ,First Nat. o f B alt.. i 00 ...........12u*s Equitable Nat....... 100 112^ 115
Amer. E xch an ge...50 164 170
Budle........... .
.100
90
*10 . . . German A merican.100 105 ......... Fifth N a tio n a l.... 100
Boatmen’s .............. 100 157*9 1G2
Breeee..............- ........
*0 5 1...... Howard . . . . . . . . . . . . . 1
10%: First National ...1 0 0 245' 21 74 Bremen...................100 200 230
B nJw er.................. 100
84
82
f O . . . . . . Marine.......................30 38
40
Fourth N ational..1 00 250 275
Chemical N at........100
Caledonia B. H ___100
200
Citizens’ .................. 100 120 130
*35 . . . . . . Mechanics’ ............... 10 15
German National. 100
ChoUar.................... 100
140
.....
*30 Merchant*’ — — 100 . . . . 149
MarketN ational.. 100 1 3 7 4 145
Nat. Bank of Com. 100 135
Chrysolite. . . . . . . . . . 5 0
Com m ercial.......... 100 265 270
»;4 . . . . . . National Exeh’ge.100: 129 ........ Merchants’ Nat’l .. 100 1374 141
Comstock Tunnel s ix .
290
Continental Nat’1.100 111
Ooneol. Cal. & Y a .......
4 * 2 5 ; 'P eop le's.. . . . . . . . — 20
16*s 18
National LafayettelOO
F ranklin................ 100 350 360
- 7 5 ........ Second N ational.. 100 194 .......... Ohio VaUey Nat’l . 100 1 3 7 4 140
Crown Point..........100
90
9i*« Second N ation al.. 100
[Fourth N ational.. 100 225 231
Deadwood terra_____
Union....................... 75
S 2 V ........ Third National-----100 155 160* German.......... ........ 100 300 325
Denver City C on........
[German AmericanlOO 525 575
07
10 Western
Dunkln....... .......
■
39
tl
Western Germ an.. 100 340
,.20
International....... 100 150 155
N e w O r le a n s .
B o lt o n ,)
K1 C hnsto....................
96 ,Laolede National.. 100 100 101
Atlantic.................
100 123 1234 American N at........100
1. V '
:.»)
TO'
"
15
1 5 4 Lafayette................100 325 350
TO
Father DeBaw*.. -1 0 ©
At! i - .......................100' l i d 's 117
Bank o f Commerce. 10
Mechanics.............. 100 220 240
93% 97
C a n a l* Banking.. 100 156 ;159
GooidACurry #.30.100
•95....... Biackatoae............. 100
963)
Merchants’ Nat’L .100 140 144
(3 5......... Boston National.. 100 94
96
Citizens’ ................ .100
Hale * Noreroae.. 100
Mullanphy..............100 230 240
194 20
2 T O :,-,
”;BoylJSWn................ 100; 125 1130 !‘Co-operative........... 26
Horn Sliver__________
87
85
Iron S ilver................20
■101..........Broadway................. 1 0 0 , 170 ........ OeruianlaNatiou’l.lOO 190 200 [Nat. Bk. Republic.100
Northwestern.......100 220 240
Iron K ill......................
•05;......... [Bunker Hill.............100! 201 -203
Hibernia National. 100 190
1074
1 St. Louts National.100 105
Kings. APeasbr'ke Iron:
Central.................... 100' 137 ‘ 142 iiLouisiana Nat....... 100 150
*10f
L&CFCMSiiiS, . . . . . . . ...1 0
»7
Metropolitan.........100 xl.59 163 estate Bank.............. 50 180 185
041
< tty............................100 8.5
85 [Third National___100 106 108
Cofum iUau— — I0o 106 107
Mutual National . 100
m |
hm&wMts Ctonm L ..*10:
J! S a n P r a n e i s c o .
Com mere®.......... 100 120 1204 Now Orleans Nat.. 100
Little * M t t „ . . . . . . . 5 0
*u|
65
97 [Anglo-Californian.......
P eople's____ _____ 50
JCoauaerotal.......1 0 0 1 80 ! 85
*951
Mexican . . . . . . . . ..iOOf
80 j 83 eBank of California . . . 219*9 222*9
fCfanmonwealth— 10 0 126 123 State N ational___100
M on o. . . . . . . . . . . . .
*10|
[First Nat’l G o ld ... 100 175 187**
[121
T raders'..................100
1 1 3 4 ' Loudon Paris & A ....... 1L8 121*9
N a v a jo ............... .100 . . . . . . j
..100; 88%, 84
Union N a tion a l... 100
35
Whitney National.100 350 375 [London & San Fran—.
Eliott .....................100 130 131
-forth Belle I»le.
130
Nevada............... ........
Everett.........100;
Ophtr................... .10
84
344
a »5
IN S U R A N C E
N ew Y o r k .
Exchange . . ... ....1 0 0 ; 12',4 120
STOCKS,
r .a e u il H a ll........ 100. 130 1304 America..................100 196 210
i6
Pbsenlx o f Aria,,..........
N e w IT orit.
American Exoh’gelOO 1514
Plymouth___. . . .........
p i n t National.......ioo> 239 212
10
erican................. 50 110 125
Robinson f o e s ', '___50
*50 First Ward.............100 125 130
Bowery................ 100 295 300 Am
Bowery......................25 70
80
B road w ay................25 235 250
Fourth N ational... 100: 1 1 6 4 118
*60
Broadway.................25 110 120
83
Bittchcra'3eDrov6rs’25 165 180
.100! 86
Sierra N evada........100
'8095
Citizens’
...................
20
108
120
125
8
9
4
!iCentral
N
atlonal..
100
89
Standard ................. 100
1-M> ITS
63
Commonwealth . .. 100 60
H am ilton.—. .........100 110 111 Chase National____100 450
*60
Union Consol.........100
Continental.......... 100 245 260
Hide A leather ...1 0 0 . 10 84 109 C hatham ...................25 355 400
Utah..............................
H ow ard.................. 100 ICO 1 0 0 4 Chem ical.................100 4100 4800 Eagle......................... 40 205 220
*55
Y ellow Ja ck et..............
65
Empire City.......... IOC
70
Lincoln . . . . . . . . . . . 100 82 4 , 84
City......... . . . . . . . . . . 1 0 0 425
n A s m c T ’ t .v o ,
Farragut...................50 75
80
Manufacturers' ...1 0 0 100 1004 Citizen’s .................... 25 140 150
Am-Linen ( P.R it , -1 0 0
9t
93
275
300
Germau-Amerloan
100
200
89
89
4
Colombia...............100
.100;
'
....... 100
Market.
126
89
91
Commerce.............100 180 io o ’ Germania................. 50 170 175
11625 IndO .................... ..........
70
G lobe.........................50 50
9 7 4 C ontinental......... 100 121
M assachusetts— 10o 97
Atttawoosrn (Me.). 100 *35 n o
Greenwich................25 105 115
Corn E xoh
- a n g e. . . 100 285 290
Applet.,a t Stags.),1000 540 550
M echanics'............. 100: 1164 U ?
75
85
Hamilton..................15
25
1
Deposit.........................
158
A&anlia (M»**,)...UK>
M erchants'............ 100! 1 5 7 4
70
90
Hanover....................50 110 115
97
East River................25 140 150
M etropolitan. . . . . . 100, 95
B arnabv(P all Hi
108
130
135
Hom
e.......................100
200
230
Eleventh
Ward.......
25
M onum ent............. 100; 2294
Barnard Mfg, (W M ) ..
60
63
Kings Co. (B’klyn).20 155 170
Fifth Avenue......... 100 2090
ML V e r n o n ...__ —100; 120 ,122
Bates
. .... ..1 0 0 1 2 " * 127
Nassau (B rooklyn).50 160 170
Fifth National........100
BoottOet.<M%ge.)iOoO n
1100
o o ,1150
n s o N.-W E nglan d.......100; 1M l's1160
70
80
National................ 3 7 4
First National........100 2500
North...................... IOO' 116
118
Border City M ig-iP.R.)
Niagara .................. 50 110 130
______________________
FlrscNat. o f Staten Id.. 112 120
North Am erica...,100j____
1L>_ ft 17
Boston Co. (Mass. 11000 950 976
73
s
o
North R iv e r ............25
........IOO; 1 0 5 4 4 0 5 4 FourteenthStreet.100
Boston Besting . . . l o o 172% 173 ■Old Boston
Paciiie....................... 25 120 125
People’s
- --10O 163 164
Fourth N ational.. 100 195 200
Boot. Dock (Mass.>700 960 m o
130
140
Peter C oop er.......... 20
-Redemption
■*'
-- *..... ..1 0 0 1224,124
Gallatin N ation al. .50 305 315
Oiaoe(PaU River). 100 101 105
115
Phenix (B’klyn)___50 n o
Garfleld................... 100
15c 152
.
fM ass.)..l(W 100 l(A>h
115
R utgers.....................25 n o
IOO
German American. .75 116
Coeheoo (N .H .i....5 0 0 345 350
R evere.................... 100 96
80
95
Stuyvesant...............
20
114
German
ExohangelOO
Collin# Co. (Conn.jlOO 103 Iu5
R ockland................100 142
95
110
United States.......... 25
G erm ania.............. 100 330
Second XatfoBAl... 100 184 185
Continental (Me.). 100 3 4 4 35
160
150
W
estchester............
10
160
235
Greenwich..........
...2
5
Security..........
Crystal Sur. Ml. (F.R.)
.100 2 .5
Williamsburg City—50 300 310
Davot Mill* (F.B.1.100
'b s s a a i t ....... . .100 1 1 3 4 118% Hanover..................100 312 330
90
88 4 Hide * Leather .. . 100
Dwight (Maas.)
500 800 815
shoe & L eather,..100 88
M A R IN E IN S U R ­
84
HudBOn R iver....... 100 i'5'6'
84
Edwards (M e ,)
lo o 1 3 ) 182 1South E n d ... .... ..1 0 0
ANCE S C R IP .
....... Importers' & T r. ..1 00 550 600
Everett (Maae.v. jjh w
m
98%;
Atlancio Mutual..........
b T " 9 9 4 Irving........................50 140 i 50
H int Mills IP.K.L LOO i m
1624
1890
................ 102
200
91
i
Leather
iManufta..100
894
Franklin ills .) . . . l o o i n
1114 Third National___IOO
1891
................ 102
84 4 67 I L iberty................... 100 iio * 125
« m Y.MiO»(F.R.)10O 95 100 1 Traders'..................100
1892
............... 103
525
87
Lincoln...................
100
864
OranltefP.K.)........UK)
T rem on t. . . . . . . . . . 1 0 0
111
1893 .......................... 104
1314 1 3 1 4 ;‘M anhattan..............50 185 190
H cm t Fall* fN .H .j.lo o n o
U «4
1894
... ............ 105
230
210
.Market
&
F
u
lton
..100
Washings in ----- ..10u 1094 no
Hamilton iMas*.)100o 950 955
JConun’el Mat. 1873-62
Mechanics'............... 25 182 190
-.100 1004 01
Hartf. Carpet (US. 1100 f,3
165
150
Mechanics’
&
T
r
---25
HU1 (M e.).. . . . . . . . . l o o
W in th rop .............. 100 115 118
6)
61
Mercantile.............. 100 175 190
B r o o k ly n .
P R IC E S O F E X C H A N G E
n o
41
M erchants'.............. 50
Bedford...................100 185
850 900
H E x H B E R S H IP S .
120
io
o”
Merchants’
E
xch’e.50
165
[Broadway
.
.
.
.
.
.
.
.
,1
0
0
. . . . . . 160
2 6 N .Y. Stock....... .......... 2 i,o o o ask.
M etropolitan.........100
515 555 { B rooklyn................ 100 190 192
M etropolis..............100 430 500
100
550 660 I City National...........50
20,000
Last sale, Juue —
Mount M orris....... 100 165
115
Eighth W a rd ............ —
100
N.Y.ConsoLSt’ K »fcPet. 90b. 110a,
Murray H ill ............ 50
125
truth Avenue......... 100|
110
x l 21 123
Last
sale,
June
13..
167
, Nassau..... ................50
Lowell (MW ,
First National----- 100 450
505 510
600 ask.
N. Y, Produce ............
. New Y ork.............. 100 220
550
101% 102 ; Pulton....................... 40 200
Last sale, May 18..
500
New
York
County.100
Hamilton................ 100
U5
mmrwvswami^SjPfci'MiiSASH
900 ask.
xS.’ 0 555
H. Y. C o tto n .......... .
N.Y.N at.Exoh’nge 100 112 125
Is 6
Lyman M (Mas
800
Last sale, May 28....
67
67% . Kings County........ 100
Ninth National___100 120 124
145
Manchester (5
150b.
160a.
108 112 'Long Island— ...1 0 0
N
.
Y
.
C
o
f
f
e
e
.
.
.
....................
. Nineteenth Ward. 100 130
175
850 665 ‘Manufacturers. . . 30 220
Last
s
a
le
,...-............
160
140
.
!
North
Amerloa.......
70
250
85
N.
Y.
Metal...............
.
. O riental................ —25 225 250
255
. no
m
Last sale, A p r.......... ........ 65.........
.P a c i f i c .......................50 175
270
1090 1095
R’lEst. Ex. <fcauo. R’m 750b. 780a.
.
.Park..................... 100 280
160
1
North
Side...........100
765
118 122
Last s a l e ,................ iI
271
.P e o p le ’s.......... ......... 26
P e o p le 's. . . . . . . — .50 145
Nashua ( » . II.).
Bostoa Stock .. 12,500 b. 14,000 a.
X505 |510
. I Phenix...................... 20 118 125
14.000
Last sale, Apr. 2 .,..
125
120
.
|
iproduce
ExohangelOO
.100 225
f*WBiaatkW—. , — 500! 280 (300 JiSprague
Philadelphia 8took— 2,200b2500a
. Republic..................100 160 167
........ '26th Ward............... 100 160
2,500
Last sale, June 8 . ..
Seaboard................ 100 172
.........1160
Cliic. Board of LTado..
Faetac (Mass. 1. . . 1000: *1490 i1500 U n io n .......
........ L12 ;[Second N ational... 100 325
«eraHCM«.i,...»WJ‘ 128© ‘ 1785 Waiiahout------,...1 0 0
Last sale March- . . .
120
Seventh
National
.100
O M m cs
1,725b.
,
m et •F R .L .. 1 0 0 ; ......... U 2 4
Chicago S to o k ...,.......
. Bord'n (F.R.,100 tOO ........ American Lxeh. N a t.. .........1125 ‘ Sherman..................100
1.737*9
Last sale................
Shoe <fe Leather ...1 0 0 112 125
........ H22
1 !F. R iv .ilo o o ! .........! . ........'Atlas National
Sagamore (F.Riv.1,100 112
8almonFalls(N.H.l300 215
Aaove (Fall R iv .)—100 101

i Price per *ham —not per cent

l 75

per cent paid in cash,

§ All ex-dividend.

|VOL. LcVIII,

THE CHRONICLE,

1032

New York City Bank Statement for the week ending
The imports of dry goods for one week later will be found
June 9, 1894, is as follows.
We omit two ciphers (00) in
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of all cases.
specie) from the port of New York to foreign ports for the
BANKS.
(009 ooiltted.)
Specie. L e g a ls , D e p o s it s „
C a p it a l S u r p lu s L o a n s .
week ending June 13 and from January 1 to date :
EXPORTS FROM X B W

TO R E FOR THE W EEK .

1894.
1892.
1893.
1891.
$5,887,241 $8,624,141 $0,776,866 $7,628,438
For the week..
Frev. x-eported. 149,186,586 174,339,603 147,234,917 159,750,433
Total 23 weeks. $1*5,073,827 $183,013,744 $154,011,783 $167,378,871

The following table shows the exports and imports of specie
at the port of New York for the week ending Jane 9 and since
January 1,1894, and for the corresponding periods in 1893
and 1892:
E X P O R T S A N D IM P O R T S O F S P E C IE A T N E W

Im p o r ts.

E x p o r ts .
G old .

Week.

YORK.

S in c e J a n . 1.

W eek.

S in c e J a n . I

South America.......
All other countries.

$13,838,800
9,832,999
6,400,000 18,650,000
996,123 10,531,259
2,000
47,205
434.785
2,500
850.785

$77,200 $1,578,174
5,076,623
1,524,560
604,357
10,650
21,852
341,662
7,797
69,203
5,482

Total 1894.
Total 1893.
Total 1892.

$7,400,623 $54,385,833
1,005,5001 68,644,618
1,658.983' 27,134,192

$101,129 $9,216,431
86,906 5,204,711
11,495 6,137,836

Great Britain.........
France....................
Germany.................
West Indies............
M e xico........................

I m p o r ts .

E x p o r ts .
S ilv e r .
W ee k .

S in c e J a n .

1.

Great Britain.........
France....................
Germany.................
West Indies............
Mexico...................
South America.......
All other countries.

$477,850 $15,391,251

Total 1894.
Total 1893.
Total 1892.

$485,780 $16,451,995
686,905 12,643,284
291.183 10,546,112

W eek.

139,100
104,316
37,835
542,082
36,411

1.

280
147

$4,658
21,841
1,309
221,783
122,739
258,914
26,312

$2,289
10,341
48,546

$657,561
1,983,191
648,485

201,000

"7 ,9 3 d

S in c e J a n .

$1,862

Of the above imports for the week in 1894 §15,823 were
American gold coin and $597 American silver coin. Of tbe
exports during the same time $6,404,500 were American gold
coin.
—Subscriptions at 90 will be received by Messrs. Speyer &
Co. and KuhD, Loeb & Co., until Wednesday, the 20th inst.
for $3,000,000 Chicago Milwaukee & St. Paul general mort­
gage 4 per cent gold bonds. These bonds are a part of the
$19,130,000 reported as outstanding on June 30, 1893, under
the authorized issue of $150,000,000. Of these bonds $6,000,000 were issued to pay for 178 miles of branches not covered by
any other mortgage and for taking up $3,500,000 first mort­
gage bonds of tne Chicago Evanston & Lake Superior which
were canceled. There were issued for improvements and
betterments $10,212,000, and the balance $2,918,000 for prior
lien bonds paid and canceled. Of the remaining $180,870,000
general mortgage bonds, a sufficient amount is reserved for
retiring the existing funded indebtedness. An abstract of
the mortgage was published in the Chronicle of June 22d,
18S9.
—Messrs. Brown Brothers & Co. have purchased from the
Baltimore & Ohio Railroad Company for account of Messrs.
Brown, Shipley & Co., London, $S.500,000
per cent Baltitiraore & Ohio first mortgage terminal forty-year gold bonds.
These bonds are secured by certain terminal properties used
by the Baltimore & Ohio Railroad Company in the cities of
Philadelphia, Baltimore, Pittsburg, Washington and else­
where on their main fine, and will be offered for sale in Lon­
don by Messrs. Brown, Shipley & Co. hereafter. The author­
ized issue is for $L5,000,000, the balance being reserved for
future requirements.
—Attention is called to tbe publication in another column
of the quarterly report of the Mechanics’ & Farmers’ Bank of
Albany. The bank reports resources as $2,547,147 ; deposits,
$1,232,493 ; undivided profits, $835,462.
—The coupons of the Birmingham Division Bonds Tennes­
see Coal, Iron & R.R. Co., due July 1st, 1894, will be paid on
and after Monday, July 2d, at the Hanover National Bank.
—The “Directory of London Banks and Kindred Companies
and Firms” for 1894 has been issued by Mr. Thomas Skinner,
1 Royal Exchange Buildings, London. Price, ten shillings,
—State of Ohio 3 per cent bonds are offered for sale by
Messrs. Rudolph Kleybolte & Co., Cincinnati. See advertise
xnent in State and City Department.
—The directors of the Knickerbocker Trust Co. have de
dared tbe regular semi-annual dividend of three per cent,
payable on and after July 1.
— The Modesto, Cal., gold bonds are advertised in our State
and City Department, and as these bonds have the commen­
dation of some parties of standing, they seem worthy of in­
vestigation,

Bank of New York.
Manhattan Co........ .
Merchants’ ...............
Mechanics’ ...............
America...................
Phenix......................
Oitjr.............................
Tradesmen’s.............
Chemical..........
Merchants’ Exch’ge
Hallatin National...
Bntohers’<fe Drov’ rs’
Mechanics’ <fc Trail’s
Greenwich................
Leather Mannfac’rs
Seventh National...
3tate of New York.
American Exch’ge. Oommorce.................
Broadway..................
Mercantile................
Pacific........................
Republic............. .
Chatham..................
People’s....................
North America___
Hanover...................
Irving.......................
Citizens’..................
Nassau......................
Market & F ulton...
Shoe & Leather.......
Corn Exchange.......
Continental...............
Oriental..........
Importers’ <fc Trad’s
Park.........................
East River.............
Fourth National---Central National....
Beoond National___
Ninth National____
First National........
Third National.........
N.Y. Nat. Excliange
Bowery......................
New York County..
3 ermau-American..
Chase Naclonal.,
Fifth A venue....___
Herman Exchauge..
Germania.................
0 aited States.........
Lincoln............
Jarfieid............
Fifth National
Bank of the Metrop
West Side................
Seaboard
-----Sixth National.......
Western National.
First Nat., Br’klyn
ton them National..
Total.

$

$

$

2,000,0
2.050.0

2,060,9
1,872,4
2,000,0 1,018,2
2,000,0 2,121,3
2,122,1
3.000.
0

1.000.
0
465,9
1,000,0 2.805.1
750.0
300.0
800.0

1,000,0

300.0
400.0

200.0
600,0
300.0

155.6
7.233.2
161,8
1.592.2
273.6
400.5
173.8
546.0

120.0

1.200.0

515.6
2.291.6
0
0
3.669.3
1.000.
0
1.601.3
1,000,0 1,136,9
470.0
422,7
1.500.0
969.8
958.0
450.0
314,5
200.0
642.4
700.0
1,000,0 1.911.0
500.0
345.8
428.3
600.0
500.0
289.5
750.0
793.7
264.2
1,000,0

5.000.
5.000.

1,000,0 1.181.0
1,000,0
240.9
300.0
1.500.0

$

$

$

17.360.0
17.987.0
11,701,4
11.038.0
22.196.9
4.828.0
23.716.1
2.311.8
3 j,242,4
4,311,6
7.139.2
1.770.5
2.510.0
1.168.6
3.101.8
1.910.3
2.592.0
20.264.0
25.103.9
6.057.2
8.907.2
3.497.8
14.141.0
6.625.2
3.360.8
5.928.7
24,283,8
3.012.0
3.632.1
2,618,2
2.722.3
4.793.8
4.842.4
3.550.0
4.444.0
7.344.4
10.087.3
2.002.8 7,613,a
4.929.3
434.3
1.845.0
1.902.0
7.987.0 27.725.0
21.187.0
26.075.0
4.235.9 31.099.3
267.7
1.094.9
1.056.9
20.069.4
2.569.0 23.688.4
8.113.0
5.747.0 13.021.0
4.232.0
1.797.0
6.312.0
3.674.7
539.2
4.320.5
2.688.9 23,810,6
24.120.6
8.509.5
416.5
9.741.0
1.333.4
1.306.2
233.5
2.627.0
556.0
3.148.0
438.1
2.793.4 1.010.0
3.796.5
619.0
695.2
2.361.6
2.834.5
11.765.7 5,099,5 3.526.4 18.698.1
957.5 1.106.4
5.867.3
6.801.3
240.8
2.556.3
552.3
3.144.0
2.760.2
481.5
502.5
3.525.8
5.292.3 1,357,4
518.6
6.570.4
5.088.4 1.595.3 1,100,3
0,817,1
954.2
570.3
3.8 i5,7
5.046.8
244,7
1.679.8
357.2
1.975.5
807.6 1.977.6
4.150.9
6.465.5
2.271.0
755.0
3.041.0
459.0
6.404.0
697.0
4.144.0 1,219,0
268.0
1.681.0
425.0
1.718.0
9,842,3 2.530.8 1.567.5 11.609.5
912,0
4,699,0
487.0
4.845.0
155,5
2.233.5
1.982.0
603.4

13.510.0
13.446.0
9,801,1
8.915.0
18.859.2
4.443.0
20.605.1
2.238.5
26,3*0,7
3.760.0
6.555.0
1.635.3
1.950.0
1.128.1
3.018.3
1.699.8
2.966.2
20.466.0
2.3,283,8
5.821.8
7.831.3
2.140.7
11.560.3
4.898.8
2.046.6
5.139.6
17.669.1
2.388.0
2.706.4

415.0
5,652,2

2,000,0 3.120.4
250.0
3.200.0

140.6
1.995.7
559.0
300.0
566.0
332.2
750.0
500.0 7.243.6
206.0
1,000,0
300.0
133.0
250.0
535.1
200.0
554.7
750.0 - 292,7
500.0 1.135.6
100.0 1,031,1
200,0
630,5
200,0
598.9
500.0
519.9
300.0
516.4
200.0
528.1
316.3
200,0
715.8
300.0
200.0
284.7
240.1
500.0
343.4
200.0
190.7
2.100.0
862.3
300.0
683.4
500.0

2,000,0

2.370.0
2.589.0
1.886.4
1.511.0
2.518.7
951.0
7.829.1
405.3
7.836.2
778.6
1.202.5
149.0
390.0
177.6
562.2
239.6
98,1
2.623.0
3.442.2
1.022.4
2.087.1
582.4
2.246.0
1.206.4
232.7
1.166.2
5.051.8
669.8
673.3
630.4
604.1
486.0
1.603.1
1.231.4
237,3
4.645.0
5.122.4
138.5
4.950.2
604.0
995.0
831.2
3.972.5
2.063.6
99,4
487.0

5.530.0
4.851.0
1.858.3
4.121.0
4.900.9
881.0
5.074.9
318.3
6,665,8
673.6
1,8»5,3
469,9
755.0
207.8
719.8
190.2
702.7
5.725.0
8.293.0
1.137.5
1.361.7
929.0
2.524.1
1.985.5
825.8
1.041.8
4.486.0
743.2
691.2
652.6
743.3
936.0
2.560.0

................159,922,7 71,545,1 465,403,7 100475511191628 570,880,2

New York City, Boston and Philadelphia Banks:
Ban ks.

N. Y o rk /

May 1 2 ....
'• 1 9 ....
2 6 ....
Tun© 2 __
9 ..
Boston.*
May 2 6 ....
June 2__
9 ..
P h i la .*
May 26__
June 2 __
9 ..

C a p i t a l &.
S u r p lu s .

$

130,613,3
131.467.8
131.467.8
131.467.8
..
131.467.8

L oan s.

S p e cie.

L e g a ls .

467,485,2
467,010,1
466,770,9
464.993.6
465.403.7

1004509
1006076
99.724.6
99.018.6
1004755

1219650
1229380
1214268
121981t
1191628

D e p o s it s . 1 C ir c 'V n C le a r in g s .

579.125,3
578,185.9
574,198,8
572,138,4
570,880,2

69.351.8 168.679.0 10.855.0 10.524.0 166.376.0
6 «,351,8 169,86 0,0 10.700.0 10.419.0 166.012.0
..
69.351.8
170.973.0 10.980.0 10.273.0 167.672.0
35.810.3 104.008.0
35.810.3 101.103.0
.. 104.376.0
35.810.3

39.378.0
39.614.0
39.870.0

115.363.0
116.497.0
115.698.0

+ Including for Boston and Pniia

* W e o m it t w o c ip h e r s i n a ll th e s e fig u r e s .

delpbia, tbe item “ due to other banks.”

Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction:
By Messrs. R. Y. Harnett & Co.:
S h ares.

500 Phenix Nat. Hank............ 119

S h a r es.

50

Mercantile Nat. Bank__ ..184

By Messrs. Adrian H. Muller & Son :
S h ares.

1
200
10
5
10

B on d s.

Clinton Hall Asso......... 56
$14,500 L. I. City <fcNewtown
Plienix Ins. Co. of Bklyn.110
RR. 1st 6s, 1905. J.&J.
Title Guar. & Trust Co... 166
23 ^ to 27hj
Empire City Fire Ins. Co. 65^ $5,000 L. I. City & Newtown
Consol. Fire Works Co.
RR. convt. 6s, 1989. J.&J. 20
of Ainer., pref............... 20ha $3,000 Wharton Valley Ry.
30 Consol. Fire Works Co.
Co. 5s, guar., 1918. M.&N. 96
of Ainer., c o m ................ 11*4 $2,500 City of Hartland,
5 Amer. Ex. Nat. Bank— 15144
Kearney Co., Kan., 6s fund­
7 Merchants’ Nat. Bank... 132
ing bonds, 1909. J.&J.;._. 31
50 U. 8. Life Ins. Co...........126
$135,000 Sea Side & Bk. B.E1.
50 Tradesmen’s Nat. Bank. 931*
RR. 1st 58,1942, guar. July
1, ’ 94, coupon on............... SO1^
3 Chemical Nat. Bk..4330-4350

S

pencer

T

rask

& Co.,

B A N K E R S .

10

W ALL

STREET,

NEW

YORK*

S ta te a n d J a m e s S tr e e ts , A lb a n y .
Bonds and Stocks Bought and Sold on Commission. Dealers in State, City and
Railroad Bonds. Correspondence invited.

S a m uel D. D avis & Co.,
BANKERS,
NO

40

Sam u el D, D a v is ,

n u t

S T ., N E W

i» B K .

C h a s , B . V a n N o stran d.

J cse 16, 1894,]
R oads .

THE CHRONICLE

L a test E a rn in g s Reported.
Week o r Mo

1894.

Jan. 1 to Latest Dale.

1S93.

1894.

| 1893.

For the fourth week of May our final statement covers 81
roads, and shows 17*68 per cent loss in the aggregate.

*
S
$
M arch.......
32,285
22,434
84,606
63,817
M a y ..........
73,000
90.989
519,639
597,854
M arch.......
1,433
1,146
4,286
4,453
Mai e h .......
12.297
10,613
35,047!
29,586
A p ril........
71.918
71,261
245,50248,270
A p ril........
2,024
1,891
5.565!
6,274
A p r il,____
88,233 108,350
293.764 s 430,721
A pril.........
81,13*
93,764
252,106
353.08S
A p r il.. . . . .
169,366 202.114
545,870
7*3,809
l.stwk J ’ne
88,043 102,027 2,603,077 2,923,756
M a y ..........
3.187,
17,931
3,898
22,079
A p ril.. ..
90,561
86,536
340,616
343,475
Isltwk J ’lMS
14.992
•11,271
576,256
862,600
r»l. i*. A West. 1st w k j ue
13,s7 fj
13,615
353,449
399,075
24,328
T ol.St.L ,8sK ,C I s tw k J ’ae
34,023
559,992
763,942
Ulster & D e l... A p ril. . . . . .
30,792
33,238
104,805
103,508
Union Pacific—
Un. Pae, EK. A pril......... 1,092,567 1,372.201 4,138,798! 5,464,710
442,531 615,129 1,540.33s 1,941,167
Or.S.L. & U. K A pril.........
219,540 304,517
A pril.........
884,3441 1,173,982
213,668 291,407
A p r i l .......
870,644! 1,311,-01
84,407 130,886
April.........
349,938
497,401
Apr! I.......
73,0*4
72.586
285,757
350,0 7
A prlL .......
9,853
12,269
40,890
64,705
16,780
is t w k J ’ae
28,510
413,330
539,293
A p ril........
36,492
Oent.Br.
37,830
146,220
176,136
34,852
April..........
40,049
130,946
206,550
Aetl.J.C.Se W
Montana Un April.........
36.35S
87,160)
115,984
221,244
A p ril........
3,960
14,492
2.834
13,184
A p r i l ...... 2,395.514 3.153,764' 9.2 46,766
Grid total
l*t wk.Fa© 173,000 252.00C 4,678.662
Wabaih........
M arch. . . ..
13.683
14,873;
42,232)
53,398
112.935 126,771April — ..
411,355
456,781
50,717 105,606
W.V.Cen.A Pitts M
M. a y ...... .
372,560
455,421
32,199
Went Va. A Pitts M arch.......
36 580
80,941
81,974
37.431
Western o f Ala A p ril. . . . . .
30,940!
166,407
162,291
93,432
A p r i l .,,..
88.947
3 45,929
326.812
45,200
In tw k rm
66.000 1,137,152 1,546,005
J’ ne
12,527
36,146:. 475,825
637,555
M a r c h .....
2.075 !
2 ,3 -0
5.407
6,212
81.499
U&tQh .......
65,478
171,800
195,252
5,4*1
A p r i l .... ..
5.321
26,817
25,020
♦ Includes Milwaukee Sc Northern for all periods.
4 Fifuree given do not include Leavenworth Topeka <fe Southwestern,
a Figure# cover only that part o f mileage located, in South Carolina
h Include# earnings from ferries, etc., not given separately. 1 M exi­
can etxrreoev. c fnelade* only half o f lines in which Union Paoifto has
a half interest, d faeiude# Ohio <k Wisstssfppt in both years.

Bua’ii Carolina.
8i>uth& Nor.Oar
8par.U n.Ji Col.
Staten Tel. R. T

Latest Orosi Earuln?* by Weeks.— The latest weekly earn
ings in the foregoinj? are separately summed up as follows:
Our preliminary statement of earnings for the first week of
June covers 63 roada and -hows a I ds# of 2! '98 per cent.
l i t W€€k o f j u m .

Atch. Top, A San. f e .......
St. Loois & Bm& F t. . . . . .
Balt. A Ohio B & m h w m i.
Brooklyn E N vated..........
B o i i t d Boeh. *k P itt*___
Canadian Partsr
Che-iapeake A O h io .. . . . .
Chicago A Rant. Illinois.
Ghleako Great W estern ..
Chicago Mtlw. & i t . Patti,
Chicago 3c w ett Mschi*»o
Ola. JmekMcm A MAcIrihavi
■dev. Cm. f ’lde. & Bt. h . .
Denver A Rio G ran in—
Detroit Lana‘S A* NorriTs
Doitttli So. Slior# A AH .
Rant. Tenn. Va. A Ga ....
JBvaajiv.de. Indianapolis Evansville A KiotumiinL.
Kvamsv. A Terr® Haute.
Flint A Per© Marquette.
Goo re Ij*-, . . . . . . . . . . . - . . . . .
©rand Rapid* A Indian a
Cinelr*uat! Is. A Ft, W ..
Traverne C ity.......... —
Monte* 44r. Rat*, a tad .
Grand t r a a k
Canada,
I n t e r s ! A tit. North*a ...
Iow a Centra! . . . . . . . . . . .
Kanawha 3t Mseht v * a . . . .
Kan. City Plttsb Sc Q u it
Kan. C ltr Sab. B rit ___
Kan. C. wjr*Bi A N. W ,..
Li - f A ft-- jtn er
K m M nk
..
JLake .Erie 3c W m t e r a . . . .
LoiilJtr,
A Bt. L
L oaisvllie A
bvuir.....
D aaltvilie N. h . A C h lo..
LottU rill# St. h . A-Tejca*.
Mesi'ean- Central.. . . . . ..
M exican National
Mo, K m mo# A stemm . . . . .
Mo. Faclfio A Iron M r, .
S e w Nor* o a t . A W ilt’ s.
Norfolk A W estern... ...
Ohio R iver.. . . . . . . . . . . . . , . . .
Peoria Due. A Brauns*....
Flttahariif 3c- Weeterti. . . . .
Richmond A D sn ville...
©eoraa a Fam fle. . . . . . . .
Char, Col. *% A u g .. . . . . .
Coiojmbia 3c G re«av . ..
Rio Oraade Southern___
R io Grande Weasera. . -.
St. do#eph As Gd. Island..
B%- Lorn* Alt. & X. Hants?
St- Lotus southwestern.
Toil** A P a c ific .............
Toledo Peoria A a
i. ..
ToS. St. L. A Kmu, City...
Wabash— . . . ----- .«
Y . & P ofto..
Wheeling Sc Lstr© 'Msl e . .
Total ;65 rr»ad«*.,.____ _
K ef deoremee (21 '98 p.o.

1394.

j

s
505,266!
133,702
109,503
35,000,
21,025
317.0041
110.76O
47,175:
66,40 ij
Q 8it976|
21,006
S.78S
238.929
107.100
17,1 i f !
37*9261
75,671
3,0 771
1,754
15,St5
4 CO30
18,-153
30,945
6,431
910
1.047
307,814
45,619
22,405
7 ,o m

8,091
6.532
4.420
200
5.843
57.172
24,130
353.115
53,391
0,039
167,507
$0,200
180, i d ’s
321,751.
72,505
212,099
12,59”
11,331
3 7 ,2 6 1
171,209
23,416
10,023
8,240
6,139
38 300
10,780
I 4,-Agfl
62,000
08,043
14,992
13,8 n
24,328
X7-1,000
45,200
***
5,253,973

1693.

] In crea se.

*
742,5681
153,584
126,74(7
35,857:
70,898
405.0001
194,178
87,851?
81,808
713.914
36,293
12,530
275,637
176,190
22,117
51,699
91,445
7,382
3.470
24,47*2
51,928
18,924
41,415
8,675
88*2
3,742371,4631
65,971
37,856{
5,48 If
2.597
4,550}
0,175
23 Oj
0,5221
69,976 j
30,150)
381,370!
00,5781
10,3321
107#058|
6 8,807f
2O3,90O|
4 H,868|
74,4i5|
212,512';
16,457
17,062
65,179
179,393,
35,6 U
11,520
8.613:
11,350
40,500
28,510
22.410
78,500
102,027;
4 1.271
ih.615.
3 1,028|
252,000
80,000!
30,11.0;
6,731,360
........

*
237,302
19,S8~
13,243
837
49,873
88.0U0
77,718
40,67<i
13,103
129,038
12,287
3,788
36,708
69,000
2,931
10,773
15,771
3,405
1,716
8,057
9,198
29

31

Ii6,l2
ft,504i
1981

449
11,338 j

10,170
2,214
1.89.
61,119
20,332
15,251

1,717
30
679
12,801
6,020
31,255
11,197
2,352
67,755
113,115
1,920
413
3,»60
5,7 3 L
27,918
8,104
10,225
1,495
373
8,211
2,a00
11,730
7,9 iO
15,600
13,081
26,27 *
4 733
9,700
79,000
20,800
23,610

20,999. T ools 98
1,480,387

1038

4.lh week o f M ay.

1894.
%

1893.
*
7,563,454
1,098,349
252,600
111,407
67,271
21,871
2,6 15
20,850
71,391
170,366
5,969
79,957
43,306
8,617
101,464
22,229
5,8 16
4,6701
22,343
42,454
57,074
6,585
81,547
83,100
29,744
6,642
103,000

Previously rep’d (55 r’ds)
Atoll, Top. & Santa F e ...
St. Louis & Saa F ran..
Burl. Ced. Ran. & North..
CMcaao & Grand Trunk.
CMc. Peoria & St. L ouis.
Oarrent R iv er..................
Det. Gr. Haven & Milw..
Qulath 8. 8. & A tlantic...
East Tenn. Va. & Ga.......
Evansv. & R ichm ond___
Flint & Per© Marq.uett^.
Interoceanic ( M e*.)........
Kansas City Clin. & S p r..
Kan. City Ft. S. & M em ..
Kan. City Mem. & Birin.
Kan. City eittsb. <fe Gulf.
Kan. City Suburban Belt.
Louisville Southern.........
Memphis & Charleston..
Mexican Railw ay............
Mobile 4s Birmingham....
Pittsburg 3s Western.......
Rio Grande W estern .....
San Francisco A No. Pac.
Sherman Shreve. & So
Western N, Y. & P en n ...

6,286,676
801,439
227,789
102,694
54,219
13,79 i
5,916
16,382
48,885
122.881
2,335
65,141
48.S17
8,010
109,764
23,973
9,792
4,974
13,130
42,978
59,323
4,453
64,165
75,300
28,92 i
6,190
58,200

Total (81 r o a d a ).....
Net decrease (17*66 p.o.v

8,311,249 10,093,867

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

In crea se.

67,318

3,071

5,511
5,300
1.744
3,976
304
524
2,249

.. .....

__ _
89,937

. . . . __

D ecrea se.

1,344,096
296,860
24,817
8,713
13,052
8,077
4,468
22,446
53,485
3,634
14,316
607

__
4,163
2,132
17,332
7,300
821
446
44,800
1,872,615
1,782,618

Net Earnings Monthly to Latest Dates.—The table fol­
lowing shows the net earnings reported tins week. A full
detailed statemeut, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the Chronicle of May 19. The next will appear in the
issue of June 23, 1891.
-Gross Earnings.—
1893.
1894.
$
$
CJantral Tactile, .b. . Apr. 1.117,190 1,154,365
Jan. 1 to Apr. 30___ 3,719,928 2,113,298
93,185
98,345
Edia>uEf.n.Co.,N,Y,.May
524,214
586.103
Jan. 1 to Stay 31 —
22,548
27,587
Ed.El.IlI.Cn., B klyu..M ay
131,225
162,870
Jau. 1 to May 3 1 ----79,780
82,976
Elgin Joliet & E .a ... Apr.
316,908
307,659
Jan. 1 to Apr. 30----774.918
894,118
July l to Apr. 30----263,015
190,727
Flint A Pore M ar.a_.A pr.
980,393
830,435
Jan. 1 to Apr. 3 0 ----1,512,998
1,317,425
Illinois Central, .a .A p r .
Jan. 1 to Apr. 3 0 ... 5,752.118 6,208,913
July 1 to Apr. 3 0 .. 17,892,257 16,403,278
29,169
30,924
Kanawha & M icli.b. .A pr.
113,480
114,047
Jau. 1 to Apr. 3 0 ----301,691
304,6
76
July 1 to A pr. 3 0 ----268,791
230,358
Loulsv. N. A . A C .a .. Apr.
934,612
814.354
Jan. 1 to Apr. 30----2,786,275
2,669,079
July 1 to Apr. 30----414,376
359,016
Nash. Ch. Jt B t L .. b . .. May
Jan. 1 to May 31----- 1,901,240 2,075, LOO
4,749,523
4,171,373
July 1 to May 31. ..
Ofidenssb. & Lake Champ,
and Sar. <fc St. Lawriee—
160,302
147,863
Jan. 1 to Mar. 31 —
65,153
19,230
Ohio R iver.......... b .A pr.
240,753
191,591
Jan. 1 to A pr. 3 0 ----Southern Pacific—
_________
_ p r.
371,741
352,238
O ai.il.
A- 3.Ant. b .-A
Jau. 1 to Apr. 3 0 .. 1,289,194 1,199,203
38.818
84,282
Louisiana W est.b..A pr.
323,913
392,130
Jan. 1 to Apr. 3 0 ..
412,523
406,769
i t ’Kan's La.A T .b .-A p r.
Jan. 1 to Apr, 3 0 .. 1,771,000 1,766,630
20,891
23.693
S .Y .T e r .A M ..b ..A p r .
71,930
71,445
Jan. 1 to Apr. 3 0 ..
117,626
149,262
Texas A N. 0.1>.„.A pr.
521.763
636,390
Jau. 1 to Apr. S o..
968,811 1,014,724
A tlantic a y s.. b — Apr.
~
~
•—
4,414,665
Jau. X to Apr. 3 0 .. 4.018,402
_________
_ -2,753,756
.............. 2,855,480
Pacific system,
b ... Apr.
Jau. 1 to Apr, 3 0 .. 9,663,308 10,575,179
Total of a ll.b .... Apr. 3,727.567 3,900,294
Jan. 1 to Apr. 30.-13,681,710 14,980,844
Sonthern Pacific Co.—
Coast and South'll Call909,158
lornia Divs. ...A p r .
8b3,159
Jan. 1 to Apr. 3 0 .. 3,111,102 3,305,411
183,328
179,516
A rizonaD ivis’ n..... Apr.
726,497
Jan. 1 to Apr. 3 0 ..
688,062
80,952
New Mex, D iv .b ...A p r.
87,877
349,527
Jail. 1 to Apr. 3 0 ..
309,613
R o a d s.

-.Yef E a rn m g s .1894.

$

1893.

$

4 3 1 ,6 1 5
1 ,2 3 5 ,8 8 5

4 2 6 ,3 9 0
1 ,3 7 3 ,4 2 5

4 6 ,8 6 5
3 2 3 ,1 4 1

3 7 ,3 8 7
2 4 8 ,1 0 5

1 0 ,9 7 5
7 7 ,0 2 5

8 ,7 2 4
6 0 ,4 0 8

2 5 ,2 5 3
1 1 5 ,7 2 2
2 9 7 ,2 5 9

1 1 ,2 6 0
6 4 ,6 5 3
2 0 8 ,7 3 0

4 6 ,2 7 1
2 3 6 ,6 2 0

7 8 ,0 5 9
2 2 8 ,3 0 9

2 7 3 ,3 4 2
1 ,3 9 7 ,3 5 5
5 ,6 6 6 ,9 9 7

3 8 3 ,7 1 1
1 ,5 9 5 .7 4 6
4 ,4 5 8 ,8 6 9

7 ,4 0 3
2 4 ,2 2 4
8 3 ,5 4 4

7 ,4 3 3
3 5 ,8 3 7
1 0 1 ,6 6 5

7 5 ,6 2 9
1 9 2 , 3 L9
8 4 4 ,9 4 1

9 8 ,5 1 2
2 6 3 ,6 8 2
8 3 5 ,7 3 3

1 2 9 ,6 0 1
7 2 8 ,2 - 2 3
1 ,7 2 1 ,1 2 0

1 4 9 ,5 9 8
7 9 0 ,1 5 6
1 ,8 4 9 ,6 8 3

6 9 ,6 9 3

2 2 ,2 8 3

1 3 ,2 8 4
6 5 ,1 9 5

1 9 ,5 2 2
7 8 ,9 2 3

0 7 ,9 3 5
2 8 1 ,6 3 6

8 7 ,9 0 4
3 9 0 ,9 3 3

1 6 ,6 6 1
1 5 1 ,3 9 6

3 5 .9 1 3
1 8 3 ,2 9 9

1 3 ,6 5 1

6 2 ,5 8 9
3 4 2 ,6 4 1

26 6 ,7 2 2
3 ,7 4 9
1 5 ,7 3 9

9 ,1 5 4
1 6 ,5 2 8

4 1 ,1 4 2
2 1 0 ,3 4 6
1 7 3 ,6 3 9
9 4 0 ,4 j7

7 4 ,2 0 0
3 0 0 ,7 8 9
2 7 1 ,1 9 2
1 ,2 4 5 ,2 1 5

1 ,0 3 7 ,4 6 6
3 ,2 5 3 ,3 9 1

9 6 4 ,0 6 9
3 ,4 5 0 ,4 1 8

1 ,2 (1 ,1 0 5
4 ,1 9 3 ,8 5 8

1 ,2 3 5 ,2 6 1
4 ,6 9 5 ,6 3 3

3 5 4 ,6 9 0
1 ,2 1 0 ,1 8 7

3 3 1 ,6 9 6
1 ,2 5 9 ,9 3 1

6 4 ,8 1 5
2 5 3 ,3 5 5

6 0 ,0 7 3
2 5 2 ,8 1 7

2 6 ,1 5 8
8 7 ,2 0 0

3 1 ,8 8 7
1 5 4 ,3 8 3

Union Pacific—
„
3 0 9 ,6 6 7
Union Pac. B y ..b .-A p r. 1.092,.->6/ 1,372,204
Jau. 1 to Apr. 30---- 4,188,798 5,161,710 1 , 1 4 3 , 2 3 3
1 3 6 ,3 0 3
615,129
Oretf.S.L.& U .N .b..Apr.
442,831
4 6 9 ,2 2 3
Jan. 1 to Apr. 30----- 1,540,830 1 , 9 4 1 , 1 6 7
304,517
def.6t.284
Ore. R y.& N .C o.b.-A p r.
219,540
Jan. i to Apr. 3 0 ....
884,344 1,173,932 def.69,020
3 6 ,0 4 3
291,407
Un. P.D. A G u lf.b ... Apr.
213,668
1 6 4 ,4 9 9
Jan, l to Apr. 3 0 ....
870,614 1,311,701
2 ,5 4 7
130,386
F t.W ortb& D .C .b,..A pr.
84,407
43,544
497,101
Jan. 1 to Apr. 3 0 ....
340,938
2 2 ,0 4 8
72,586
Bt.Jos.AGd. Isl-.-.A p r .
73,084
9 1 ,8 0 3
350,037
Jan. 1 to A pr. 3 0 ,...
285,757
1 ,8 4 3
12,269
Kan. C. & Om.........Apr.
»| g8
4 ,4 1 2
64,705
Jun. 1 to Apr, 3 0 ----40,890

4 6 3 ,5 3 8
1 ,8 9 5 ,4 2 0
2 5 0 .5 5 5
6 5 5 ,6 9 5
5 0 ,2 7 1
1 8 3 ,8 3 5
2 7 ,1 1 7
2 5 1 ,2 9 0
1 3 ,2 6 5

107,414
1 2 ,6 6 7
1 2 6 ,5 5 7
182

21,061

THE CHRONICLE.

1034

.---- G r o ss E a r n i n g s . ---- , ,---- N e t E a r n i n g s . ---- .
1894.
1893.
1894.
1893.
H oa d s.
$
$
Union Paoiflc ( C o n . ) —
36,492
37,830
12,965
6,058
Cent. Branoli.-b -.Apr.
60,593
65,526
146,220
176,136
Jan. 1 to Apr. 30....
Atob. C. A. Pac. \ ,
3,698 def.29,702
34,852
40,049
At.Jew.O. &W. j •••APr130,946
206,550
20,840
35,073
Jan. 1 to Apr. 30---8,695
27,573
36,358
87,160
Montana Union b.. Apr.
9,922
38,091
115,984
221,244
Jan. 1 to Apr. 30__
3,960
2,834 def.2,441 def. 1,997
Man. Alma &B.. b .. Apr.
def.955 def.3,104
14,492
13,184
Jan. 1 to Apr. 30__
428,554
817,963
Grand Total...b.. Apr. 2,395,514 3,153,764
Jan. 1 to Apr. 30__ 9,246,766 12,389,398 1,927,877 3,476,687
16,176
37,530
West Va. Cent & P...May
56,717
105,606
131,274
148,019
Jan. 1 to May 31__
372,560
455,421
326,112
336,755
Jnly 1 to May 3 1 .... 916,073 1,007,111
a. Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting tares.

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
— I n t e r ’ l, r e n t a ls , itc .— — B a t . o f N et E a r n s .—,

1894.

R oad s.

Flint & Pere Mara..Apr.
Jan. 1 to Apr. 30....
Kanawha & Mich ...Apr.
Nashv.Chat & St.L. ..May
July 1 to May 31....

$

1893.

$

1894.
$

51,974
43,537 def.5,703
207,936 201,785
23,634
10,423
6,'932 def.3,020
122,423 123.726
7,178
1,344,805 1,361,697
376,315

1893
^

29,522
26,524
506
25.872
487.986

GENERAL INVESTMENT NEWS.

fVOL.

LVIU,

and the Farmers’ Loan & Trust Co. of New York were: Of
series A, $1,068,000; series B, $674,000; series C, $748,000, a
total of $2,490,000 out of the entire issue of $3,051,000. Bond­
holders who may hereafter wish to deposit with the com­
mittee can do so on such terms as the committee may prescribe.
More than a majority of the bonds being now in control of
the committee, it will proceed with the formulation of a plan
of reorganization.
Central Railroad & Banking Co. of Georgia.—The ThomasRyan Reorganization Committee, it is said, have united the
various interests in a plan of reorganization which will shortly
be made public. The United States Circuit Court of Appeals in
the Fifth Judicial District has affrmed (in the suit of Rowena
Clark) the right of the Richmond Terminal Companv to the
ownership and control of its majority interest in the Georgia
Central, which will now descend to the successor company,
the Southern Railway Company.
Mr. Henry P. Talmadge, 68 William Street, and others, are
a committee acting ia the interests of the holders of the cer­
tificates of indebtedness.
Charlotte Columbia & Augusta—The Maryland Trust
Company, Mr. J. Willcox Brown, President, will begin its
business career withafinancial operation involving $2,000,000.
The company has organized a syndicate of B iltimore and New
York capitalists for $2,000,000 to underwrite a proposition for
the extension af the 7 per cent first mortgage bonds of the
Charlotte Columbia & Augusta Railroad. These bonds are due
January 1, 1895. The proposition of the syndicate is to ex­
tend this mortgage for fifteen years from maturity, or until
January 1, 1910, offering in exchange for the existing mort­
gage bonds similar bonds bearing interest at 5 per cent.
Holders of the present bonds who decline to make the ex­
change will have their bonds redeemed at maturity. The ex­
change would enable holders of existing bonds to continue
their investment at the lower rate of interest.
Chicago Sb Paul Minneapolis & Omaha.—At the annual
stockholders’ meeting of this company, the old board of di­
rectors and the old officer? were re-elected. The regular semi­
annual dividend of 3}.{ p.c. on the preferred stock was declared
payable Aug. 20. In accordance with the notice to security
holders printed in the annual report of the company for the
year ending Dec. 31, published early in the year, semi-annual
dividend periods for the preferred stock will hereafter be ap­
proximately upon Feb. 20 and Aug 20 of each year, instead of
Jan. 20 and July 20 as formerly, and the transfer books will
be closed on the last days of July and January instead of
June and December.
Kings County Elevated.—The following information has
been furnished the Ch ronicle : “ The project of readjustment of
second mortgage bond indebtedness proposed in the spring of
1893 having been found inadequate tomeet thealteredconditions
of the business of thecompany resulting from the subsequently
developed competition of trolley lines and from the general
financial depression of 1893, a more radical adjustment be­
came necessary and was entered upon later in rhe year, and
now promises to be soon consummated. The main features
of this pending plan are the substitution of long-time noneumulative six per cent income debentures for the entire
original issue of second mortgage bonds with one year’s in­
terest thereon; the exchange of outstanding coupon deben­
tures for a cumulative six per cent second mortg. income
bond of a series B and the sale of a further issue of $1,000,000
of such income bonds of a series A with the proceeds of
which to provide for floating debt, for the current deficiency
in first, mortgage interest, and for contingent obligations in
the future, thus leaving no fixed charges against the com­
pany above those of the first mortgages. The completion of
the Fulton Road to the city line now about accomplished
and the consolidation of this road with the Kings County
Elevated, are also parts of the same plan of readjustment.”
New York New Haven & Hartford.—The quarterly divi­
dend of the New York New Haven & Hartford Railroad was
reduced at the meeting of tne directors, and it was unani­
mous^ voted to make the quarterly dividend 2 per cent in­
stead of 2}/< per cent as heretofore. President C. P. Clark
.said: “ Our gross earniags for the last tea months have
fallen off nearly 9 per cent, and have not justified the last
three quarterly dividends paid. The directors have drawn
upon the company’s surplus, hoping for an improvement in
business. June 30 will close the fiscal year, and consequently
this dividend must be charged against another year’s earnings.
Our directors are conservative and do not assume any larger
wisdom about the future than their neighoors, but they do
not anticipate a speedy resumption of commercial activity.
There is no more accurate thermometer of the general pros­
perity than the gross earnings of railroads. All the com­
pany’s lines show the effect of the diminished output of New
England factories, and it is the last 10 per cent gross that
makes the greatest net, especially in passenger business. Ex­
penses have been reduced, but ctnnot be made to correspond
to the loss in gross receipts without impariug the usefulness
of the road in serving the public, and by reducing the wages
of employes, neither of which onr directors are ready to do,
and therefore it is prudent to reduce the rate to the extent
which the general prostration of business seems to require.”
New York Stock Exchange—New Securities Listed.—The
Governing Committee of the New York Stock Exchange have
added to the lists for dealings the following :

Atchison Topeka & Santa Fe.—The Reorganization Com­
mittee expects to announce its plan early next week. At a
meeting of the committee on the 12th it was decided to send
the details to London, Amsterdam and Frankfort in order to
secure co-operation. The plan will provide for the issue of a
new $30,000,000 second mortgage for improvements, at the
rate of $3,000,000 a year for 10 years. The 1st mortgage 4 p sr
cent bonds will not be disturbed. The “ A” and “ B” bonds
will be changed into incomes, with interest to be payable only
if earned. The assessment on the common stock will not
exceed $12 per share, and for the cash paid on this assessment
income bonds or pref. stock will be given. The committee, at
its meeting, fully discussed the plan, but final action will not
be taken until next week. There are certain details still to be
determined by the committee which prevent the formal
issuance of the plan at the moment. The London, Amsterdam
and Frankfort committees are working harmoniously with
the New York committee, and the plan when issued will bear
the endorsement of all committees. Details in connection
with the Atlantic & Pacific and Colorado Midland companies
are not yet ready. Mr. Stephen Little has already entered
upon his examination of the accounts of the Atchison system.
Dow, Jones & Co. say : “ We have learned the following
additional details concerning the Atchison plan : It has been
decided to give the new income bonds voting power until 5
per cent has been paid on them for three successive years.
The total issue of income bonds will be $110,000,000. While
a $12 assessment on the stock will be named it will be called
in five instalments extending over a period of about six
months. If the earnings should improve to warrant a smaller
assessment some of the instalments may not be called. In­
come bonds at par will be given for the assessment. The As
and Bs will get income bonds. Colorado Midland 4s will also
be asked to take income bonds. Atlantic & Pacific 4s will be
given the $8,8U0,0n0 A. & P. bonds in Atchison treasury and
for the balance will receive a first mortgage on the A. & P.
lands. The $80,000,000 second mortgages for improvements
cannot be issued in excess of $3,000,000 in any one year. The
reduction in fixed charges alone is sufficient, it is claimed, to
permit, in an average year, the payment of 1 per cent on the
income bonds, assuming also that the full $30,000,000 2ds were
all issued.”
On the 15th it was also said that the Atchison committee
proposed to float a loan of $5,000,000 collateral trust bonds,
based upon securities in the Atchison treasury, for which the
$5,000,0u0 “ B” bonds pledged in London and $11,700,000
Atchison 4s, Colorado Midland 4s and St. Louis & San
Francisco bonds are to be used as the collateral. The pro­
ceeds will go with the cash assessment for the purposes of re­
organization.
Baltimore & Leliigh.—At Baltimore, June 15, the Balti­
more & Lehigh Railroad, extending from this city to Delta,
Pa., was sold for $350,000 to J. Wilson Brown, one of the
mortgage holders.
Buffalo & Susquehanna.—The first mortgage 5 per cent
gold bonds of the Buffalo & Susquehanna were listed this
week on the New York Stock Exchange. The application to
the Exchange includes a balance sheet and the earnings of the
road and is given at length in another column. An abstract
of the mortgage was published in the C hronicle of October
14, 1893, page 639, and a map of the road appears in tbe I n ­
vestors ’ Supplement .
The bonds are a first mortgage both
on the road and 89,394 acres of timber land. Under the sink­
ing fund provision $47,400 in cash will be applied on July 1
to redeem bonds.
Cape Fear & Yadkin Talley.—At the close of the time
allowed for depositing bonds (June 12) deposits of bonds of this
D e l a w a r e & H u d s o n C a n a l Co.—$5,000,009 additional capital
company made at the Mercantile Trust Company of Baltimore stock to be added October 1,1894, upon reoeipt of information from

THE CHRONICLE.

J use 16, 1894.J

tiie com pany that it U prepared to issue it ia exchange for bonds
maturing at that date, and thereby making the total amount, o f stock
$35,000,000.
B u f f a l o *& Sr
he itans a R R .—$900,000 first- mortgage five per
gold coupon bonds, aeries A , Nos. 1 to 840, fo r #1,ouo etch , and
series B. Nos. i to ICO for S50 J each, and ths registered bonds into
which, they x m y b e converted. (The application in full is given on
another page.)
C h ic a g o R >• k i ».lasd 1- P acific R a i l w a y .— SI,500.000 additional
debenture Coupon fives o f 192L and registered bonds into which they
may be converted, making the total amount listed S t.500,000.
CLEVELAND V I S IS S ATI CHICAGO & ST. LOUIS RAILWAY.—$ >,000,000
additional general m ortgage gold fours o f 1993, m aking the total
am ount listed $5,00 o ,q o >.
F lo rid a cen tra l & P'N’ is s o l v r R R .—$4,500,000 new cumulative
four per e « « t preferred stock as it may be exchanged for like amount
o f outHcaodimi five i>**r cent non-eamutative preferred stock, the latter
to he stricken from the list June 30.
Chicago Mil w a u k e e a 3t P aul R a il w a y .—$3.000,000 addi­
tional genera! m ortgage guaranteed gold fours, aeries A, making the
total am ount listed $ i T.soO.OOO.
K a t i o n a *. L i ms e l l * Oi l Co.—$1,100,000 six per cent gold debenture
bonds o f 1904.
N

ew

Y

ork

B

rooklyn

A

Ma n h a t t a n

B

each

R

a il w a y

— $ 2 4 5 ,0 0 0

additional first consolidated m ortgage gold fives o f 1935, making the
total am ount dated $t ,178,000.
N e w O blkas * & No r t h e a s t e r n R R .- $40,000 additional prior lien
gold sixes o f 1915, making trio total amount listed $1,320,000.
O regon* R a il w a y <fc Navigation Co.—Traps com pany’s engraved
certificates o f deposit for consolidated mortgage gold fives.
T oledo A O hio C e n t r a l R a il w a y .—$ 199,000 additional Western
division first mortgage gold fives o f 1990, making the total amount
listed $2,500,000.

Niagara Fulls Power.— A dispatch from Buffalo says
everything is bow ready for a duplication of tt»e Niagara
Falls power scheme upon the Canadian side. The company
secured the right to operate upon the Canadian side some
time ago, but all the agreements were not signed until recent­
ly. Work on the wheel pit and the tunnel and canal will soon
begin. This Canadian project is controlled by the same in­
terests that control the tunnel on the American side.
Norfolk & Western.— At the recent annual meeting the
following resolutions were adopted ;
W herea t. The board o f directors o f thi* com pany ia vested, under
action o f the shareholders had at the annual meeting held in May,
1891, with authority to retire the outstanding shares o f common capi­
tal stock o f this com pany, whenever and from time to time and as it
may consider it for the interests o f the com pany bo to d o ;
R esolved, That the board o f directors be, and it is hereby requested
whenever it may consider it fo r the Interest* o f the company so to do,
to adopt and carry out such measures m ia its judgm ent shall seem
advisable to retire the outstanding shares o f comm on stock and to ac­
com plish th** piirpo-e# in view under the authority *o given ; and the
board la hereby expressly vested with whatever authority and power
may he required to retire and provide the m ease for retiring, the
shares o f the eom men stock, in any manner and on any terms and con­
ditions agreed upon by the board, either m separate transactions or as
part o f any arrangement that may be adopted by the board to facili­
tate the financial operations or strengthen the financial condition ol
the company.
Resolved-, That the board o f directors be and is hereby Cully authorixtd and em powered to e ffe cts cotnsoBdatiou and merger o f the Roa­
noke Machine Works am! Virginia Company, and their respective
capita! stock*, properties and fmaehi*©#, with and into the Norfolk
and W estern SbilSro%i com pany, m d Its capital s to ck , property, franand privilege*, or to partfa%»* the same separately or at the
m m o time, or any p arti thereof, at such time or times, in auch manner,
arid upon such terns* and condition* as to the board may seem
beat. * * *
R em ised , 'That the stockholder* hereby consent that the capital
•took o f the com pany he Increased from time to time to such an
nmfirint nr amwinm and »»« It-njcd &0d SOId OtI Stteh term* *Ild condi­
tions and in such manner a* the hoard o f directors may determine, bv
the issue o f additional share* « t the preferred stock o f the company,
n o t exceeding, however* »»/>** hundred thousand {10**,0OOi shares of
such preferred stock, to addition to and tu increase o f the shares o f the
capital stock o f the com pany, preferred and comm on, now issued or
heretofore authorised ey tlie stockholders; such additional stock to he
made preferred stock on the same terms and. conditions as the pre­
ferred stock o f the com pany n o w laaoed; and the directors may sell
the same at each prtoe. or receive boad*. stocks, or oilier property.
Teal or personal, in payment o f or la exchange for the same, at such
valuation and on such term* as may be agreed upon.

Nor! hern Parlfih—The order o f Judge Jenkins authorizing
the inane of il»OiLM>€0 Northern Pacific receivers’ certificates
and the paj merit o f the interest on the first mortgage bonds
due July 1 makes the certificate* a Hen upon the net income,
and ahead of all obligations except the first mortgage. The
certificate* are payable in twelve successive weekly instal­
ments, the first failing due July 14 and the last September 29,
the aggregate
at least $200,000, in August
at least $300,000, and th** baJftnce in September. The esti­
mated earning» «>f the Northern Pacific from July to Sep­
tember, 1804, prepared by the receivers for the consolidated
mortgage totboU bi*1committee is as follows :
M onth

firm *

Qper, exp.

Nef.

B ur plus.

August. ........ .
1.400,000
0 <0,000
470,000
390,074
SaptasBbsr........ .. 1,720,000 1,000,000
750,000
649,992
Total
14.500*000’ $2,845,000 $1,655,000 $1,393,245
At Mil*rauk»>. June 14, Receiver Thomas F, Oakes testified
for himself in the Northern Pacific inwstigation. He said
that when he wan made President of the Northern Pacific
Comptay in i h e bad very little to say. The Chairman of
the board of director., who'was Henry Villard, presided at
the meetings and appointed all the committees. The Chair­
man was. in fact* the President of the corporation, as he ap­
pointed the Finance Committee and controlled the Treasurer.
The rentals of the Chicago A N. Pacific terminals Mr. Oakes
flamed out as follow-*, whentimes were good; Northern Pacific
and Wie. Central. $350,000;Great Western, #150,000; Baltimore
* Ohio, $20b,nOO; total, $700,000. Representatives of other
lines told him they would probably use the terminals, and in
a few year* he thought they could meet the tlxed charges.
Till then $1,000,000 in bonds were set apart to meet the in­
terest on the purchase price of $18,500,000,

1035

Ohio Southern—Cleveland Akron & Columbus. — The
Cleveland Akron & Columbus'and Ohio Southern companies
have been placed under one management and the offices
moved to Cleveland. George W. Saul is in charge of both
properties as President and General Manager. The recentlyelected directors of the Akron road, who are mostly prom­
inent Cleveland parties, are Joseph H. Hoyt, a director of the
Valley Railroad and of the Commercial National and Western
Reserve banks of Cleveland: George H. Russell, cashier of
the Western Reserve Bank; William H. Chisholm, President
of the Cleveland Rolling Mills Company and Vice-President of
the National Bank of Commerce, of Cleveland: James HI
King, of Columbus; H. B. Morehead, of Cincinnati; Mills Wj
Barse, President of the Exchange National Bank, of Olean,
N, Y ,, and George W . Saul.
Pennsylvania Poughkeepsie &Boston.—The bondholders’
committee of the Pennsylvania Poughkeepsie & Boston Rail­
road Company invite such holders as are willing to become
parties to an agreement for the purchase of the property,
upon foreclosure of the first mortgage, to deposit their bonds
aBd coupons and also cash to the extent of 20 per cent of
their holdings with the Fidelity Insurance Trust & Safe
Deposit Company of Philadelphia, under such agreement.
Philadelphia & Reading.—Special Master Crawford has
made his report in the case of Mr. Rice against the Reading
receivers and he decides against Mr. Rice in almost every par­
ticular. The Master finds that there does not appear to be
any ground for a successful suit against the receivers in con­
nection with the Boston & Maine and New England purchases.
Neither does there appear to be ground for a successful suit
against Prince & Co. or Ervin & Co. It was the duty of the
receivers to test the operation of the Lehigh Valley lease for a
reasonable time, and not more than a reasonable time was
empl >yed. No cause of action arises against the receivers
because that trial consumed earnings of the company and re­
sulted in losses. There has been no wrongful concealment by
the receivers in any respect. The sale of coal by Reading to
Lehigh A'alley upon the abolition of the lease was beneficial
to Reading and altogether advisable. The fact that the de­
posit of collateral bonds to secure contracts, or the substitu­
tion of incomes therefor, was not published to the stockhold­
ers, or to the creditors, or to the Court, gives no ground for
action against the receivers. In view of the whole premises,
it is the opinion of the Master that the petition should be dis­
missed.
—In regard to the receivers of the road entering into the pro­
posed agreement with the city of Philadelphia for the erection
of the subway east of Bread Street, counsel for Mr. Rice made
a new point. He objected to the agreement being entered
into by the receivers with the purpose of forming an obliga­
tion (o'take precedence of the income bonds, and urged that
only the company itself should make the agreement with the
city, subject to its prior bonds and obligations. At the ad­
journed bearing before Judge Dallas, on the 14th, the argu­
ments led to an interesting discussion as to the status of the
terminal [bonds and their relation to the incomes. Mr Bijur
claimed that the income mortgage expressly excludes this
terminal charge from preference. The mortgage allows pay­
ment for reasonable improvements and additions out of the
gross earnings of the company but an expenditure of $15,000,000, the cost of the terminal, could not be brought under
mch classification. It creates an annual charge which the
provi-ions of the income mortgage expressly forbid being
placed ahead of it.
Mr. Dickson argued that the income bondholders could
have no cause of complaint until the accounts for the year had
been made up and showed that the interest on the bonds had
been earned in whole or ia part and had been misapplied.
To this contention Mr. Bijur replied that the income mort­
g a g e required the application of the earnings to the payment
of the fixed charges specified in the mortgage. That accord­
ing to Mr. Dickson’s interpretation of the mortgage, the in­
come bondholder was secured as to his _ interest, if
earned, but if it was not earned his mortgage
might be destroyed bv the foreclosure of a prior
mortgage owing to the use of the earnings applicable to.
the interest on the prior mortgages for the payment of the
terminal or other charges junior to the income mortgage.
The bonds of the Poughkeepsie Bridge Road were in the same
position as those of the terminal, and President Harris had
declared in relation to the bridge bonds that Reading’s guar­
antee, having been made subsequent to 1888, the date of the
income bonds, was absolutely without value.
Judge Dallas listened with attention to the discussion, and
said that the points raised by Mr. Bijur required most careful
consideration. He added that he would hand down a deci­
sion as early as he could.
A dispatch from Philadelphia on the 15th says : Judge Dal­
las. in the United States Circuit Court, has overruled the ob­
jections filed by Isaac L. Rice to the participation of the
Reading Company in the construction of the proposed sub­
way on Pennsylvania Avenue and permits the receivers to
make the contract by which the city and the railway com­
pany'bear equal shares in the cost of the work. But Judge
Dallas says the order is made without adjudication or preju­
dice of any question as to how payment or charges under or
incident to the contract should be considered or dealt with in
ascertaining if interest be earned in any one year as provided
in article 40 of the income mortgage.______________________
I jjf - F o r o t h e r I t e m s o f I n v e s t m e n t N e w s s e e p a g e 1 0 3 6 *

THE CHRONICLE.

L036
R e p o r t s

a n d

3 Q o c u m .c u t s .

BUFFALO & SUSQUEHANNA RR. CO.
APPLICATION TO THE N. Y . STOCK EXCHANGE.
A u s t i n , P a ., H a y 3 1 ,1 8 9 1 .

The Buffalo & Susquehanna Railroad Company hereby re­
spectfully makes application to have placed on the regular list
of the New York Stock Exchange 8900,000 of its Fir-t Mort­
gage Five Per Cent Gold Bonds, dated October 1, 1893. due
October 1, 1913. These bonds are issued in two series : Series
A consisting of 850 bonds of 81,000 each, numbered from 1 to
850 both inclusive, and series B consisting of 100 bonds of
$500 each, numbered from 1 to 100 both inclusive, interest
payable April 1 and October 1. Principal and interest pay­
able in gold coin without any reduction for any United
States, State or other tax or taxes which may be imposed by
any present or future law, at the office of Harvey Fisk &
SonB, in the City of New York, its agency and transfer agents
for its bonds. The bonds may be registered fully or as to
principal only.
These bonds are a part of $2,000,000 authorized to be issued at
therateof $15,000 per mile for every mile of completed road, and
secured by a mortgage made by the company upon its entire
line of railway property and equipment, for the purpose
authorized by its stockholders, as fully set forth by its mort­
gage to the Mercantile Trust Company of the City of New
York, Trustee, bearing date October 1, 1893, six copies of
which are herewith furnished your committee, and your
applicants pray leave to refer to and make said mortgage a
part of thi3 petition, particularly with regard to the sinking
fund clause thereof, contained in Article 4 on page 19 of the
copies herewith. This clause provides for a deposit with
Harvey Fisk & Sons of the City of New York, on July 1,
1894, and annually thereafter, so long as any of the bonds shall
be outstanding, an amount in cash equal to the total amount
of bonds then outstanding, divided by the number of years
which said bonds have to run. This amount shall be used for
the purchase and retirement of the outstanding bonds at a
price less than par and accrued interest. If no bonds are
offered for redemption then the company shall call at par and
accrued interest bonds to such an amount as the funds for that
purpose in the hands of said Harvey Fisk & Sons shall be
sufficient to redeem, the bonds so to be redeemed to be those of
the highest numbers of each series outstanding at that time,
and in proportion as near as may be to the par value of the
total amount of bonds of each series then outstanding.
The bonds are further secured on about 89,394 acres of tim­
ber and timber Iands,val ued at a low estimate to be wort h $ 1,700,000,owned by Frank H.Goodyear and Charles W.Goodyear.and
mortgaged by them to the Mercantile Trust Company of the
City of New York, Trustee, six copies of which mortgage are
herewith furnidied your committee, and which your appli­
cants pray leave to refer to and make said mortgage a part of
this petition.
The Buffalo & Susquehanna Railroad Company is a corpora­
tion created September 7, 1893, under the laws of the S'at.e of
Pennsylvania, by the merger and consolidation of the Buffalo
& Susquehanna Railroad Company, Cherry Springs Radroad
Company, Cross Fork Railroad Company. Susquehanna
Railroad Company and the Sinnemahoning Valley Railroad
Company, six copies of the agreement for merger and consoli­
dation being herewith furnished your committee.
The road extends from Keating Summit to Galeton, Penn­
sylvania, 49 miles, and from Cross Fork Junction to Cross
Fork, Pennsylvania, 13 miles, and there is in process of con­
struction from Galeton to Ansonia, Pennsylvania, 13 miles in
the name of the Coudersport & Wellsboro Railroad Company,
which when the road is completed will be merged in the
Buffalo & Susquehanna Railroad Company. The gauge is 4
feet
inches, and the track is laid with 67 and 70 pound
steel rails. The equipment consists of seven engines, seven
passenger cars and 548 freight cars.
_The gross earnings of the company from all sources for the .
six months ending April 1, 1894, were 8135.899 15 ; operating
expenses. 872,70915: net earnings, 833,190; fixed charges,
$22,500; balance, 840,690.
GENERAL BALANCE SHEET APRIL 1 , 1 89 4 .
] S'v' / '
L ia b ilities.
C o st o f roa d & c q .j 11,41,740,000 0 0 C apital s t o c k ............. $ 9 1 5 ,0 0 0
C o n tra ct c o n s tr u c ­
F u u d ed d e b t ...............
9 0 0 ,0 0 0
t io n sh op s to b e
D u e o n co n s tru c tio n
c o m p le te d i n ’ 9 4 . .
9 0 ,0 0 0 00 c o n tr a c t ....................
1 5 ,0 0 0
D u e fro m a cts , c o m ­
I n te re s to n f un d .d ebt
p a n ies and o th e rs .
1 8 ,6 1 5 39
d u e an d a c c r u e d ..
2 2 ,5 0 0
M a terials an d su p ­
D u e co m p a n ie s a n d
p lie s on h a n d .........
7 ,4 1 9 00
in d iv id u a ls ..............
5 ,8 3 1
C a sh o n h a n d .............
5 2 ,6 5 9 11 A ccru e d t a x e s ...........
509
D ue fo r w ages and
s u p p lies.....................
9 ,1 5 9
L oss a n d g a in ...........
4 0 ,6 9 0

VOL. LVIII.

falo, N. Y .; Fred. A. Lehr, Secretary, Austin, Pa.; E. O.
Cheney, Treasurer, Austia, Pa.
The Board of Directors are : M. E. Olmstead, Harrisburg,
Pa.; W. H. Sullivan and G. B. Rooth, Austin, Pa.; W. I.
Lewis, Coudersport, Pa.; N. N. Metcalf, Daniel Collins, H.
Hutchinson, L. T. Johnson and P. H. Farrell, all of Austin,
Pa.
E. O. CHENEY, Treasurer.
F. A. L uhe, Secretary.
The Committee recommended that the above-described
$900,000 First Mortgage five per cent G dd Coupon Bonds,
Series A. Nos 1 to 850 inclusive for $1,000 each, and Series B,
Nos. 1 to 100 inclusive for $500 each, and Registered Bonds
into which said Coupon Bonds may be converted, be admitted
to the list.
Adopted by the Governing Committee June 13, 1894.
Panama Railroad—Pacific Mail.—The contract existing
between Pacific Mail Steam hip Company and Panama Rail­
road Company, whereby the latter used the former’s Atlantic
fleet for the year expired June 15, and will not be renewed.
The Panama Railroad Company has chartered the three
steamers of the old Brazilian line, the Alliance, the Advance
and the Finance. It will use pier 43, North River, for its
New York terminal. An officer of the Pacific Mail said that
on June 30 the company will resume its Atlantic service
under an understanding with the Panama Railroad to the
effect that the temporary injunction restraining the railroad
from interfering with Central American freight will be re­
spected and that the steamship company will not attempt to
do through California business.
Richmond Nlcliolasville Irvine & BeattyTille.—A Louis­
ville dispatch says Judge Barr, in the United States Circuit
Court, has ordered the sale at public auction of the Richmond
Nicholasville Irvine & Beattyville Railroad, The Court fixed
the upset price at $550,000, or about 39,000 per mile. The sale
is ordered on the petition of the Central Trust Company of
New York.
Richmond & Danville.—At Richmond, Va., June 15, Mr.
C. H, Coster, representing the Richmond Terminal reorgani­
zation committee, bought the Richmond & Danville Railroad
at the upset price fixed by the Court. There was no competi­
tion. The Southern Railway Company, successor to the Rich­
mond Terminal Company, will be organized in Richmond,
Va., on Monday next, and it is expected that the sale of the
Richmond & Danville, which took place to day, will be
confirmed by the Court, so that the property can be turned
over to the Southern Company by July 1.
Tlmrber-Whyland.—An application was made to Justice
Andrews in Supreme Court, Chambers, on bshalf of the re­
ceivers of the Thurber-Whyland Co., for leave to sell the
property and assets now in their hands in bulk for $600,000
to the Reorganization Committee appointed by the stockhold­
ers, of which James M, Waterbury is the President. A ma­
jority of the creditors of the concern have expressed their
willingness to accept the terms offered by the Reorganization
Committee, to pay 50 cents on the dollar in cash and to
pay the balance in notes of the new firm. Tue arrangement
that they propose making with the stockholders is that those
holding preferred stock in the old company shall get 20 per
cent of their holdings in preferred stock of the new company,
and those holding common stock shall be entitled to 10 per
cent of their holdings in the second preferred stock, and in
either case the balance shall be made up by the taking of com­
mon stock.
The assets consist of merchandise valued at $400,000
which, if forced to sale, would hardly sell for $250,000; bills
and accounts receivable are figured at $1,100,000, but of these
at least $800,000 are uncollectible. As there was no opposi­
tion to the application, Justice Andrews said he would re­
serve his decision until he had consulted with Chancellor Mc­
Gill.
Western Union Telegraph.—The estimated n°t earnings
for the quarter ending Mar. 31, 1894, were $1,050,000; the
actual were $1,094,701, or $44,701 more than tie estimate.
Estimated net earnings for the quarter ending June 30, 1894,
compare with the actual results in the same quarter of 1893 as
follows:
,------------Q u arter en d in g Tune 3 0 .------------ .
A ctu a l. 1 893.
Estim ated. 1894.
$ 1 ,6 7 7 ,8 9 8
$ 1 ,4 5 0 ,0 0 0

N et r e v e n u e ........... ............................
D ed u ct—

00
00
00
00
68
2s
45
00

In te re s t o n b o n d s ......... $ 2 2 3 ,3 8 0
S in king fu n d ..........- .........
2 0 ,0 0 0
---------------

2 4 3 ,3 8 0

$ 2 2 3 ,7 3 7
2 0 ,0 0 0
---------------

_
2 4 3 ,7 3 7

$ 1 ,4 3 4 ,5 1 8
1 ,1 8 4 ,9 6 8

$ 1 ,2 0 6 ,2 6 3
( U l p . e.) 1 ,1 8 5 ,0 2 5

B a la n ce f o r q u a rte r................... su r.$ 2 4 9 ,5 5 0
A d d n o m in a l surp lu s A p r il 1 ........
6 ,5 9 8 ,8 9 8

s u r.$ 2 1 ,2 3 8
6 ,9 3 7 ,9 9 3

N e t re v e n u e ..............................
L e s s d iv id e n d .................. ( l t t p . o.)

N om in a l su rp lu s J u n e 3 0 ........................................................... "$ 6 ,8 4 8 ,4 4 8 $ 6 ,9 5 9 ,2 3 1
* A re tu rn o f $ 4 0 ,0 0 0 b y sink, fu n d tru stees m a d e su rp . $ 6 ,8 8 3 ,4 4 3 .

The results for the fiscal year ending June 30 show the fol­
$ 1 ,9 0 8 ,6 9 3 41
$ 1 ,9 0 8 ,6 9 3 41
The authorized capital stock of the Buffalo & Susquehanna lowing, June, 1894, being estimated.
1893-4.
1 8 9 2 -3
Railroad Company is 82.000,000, consisting of 40,000 shares of N et r e v e n u e .................................................................$ 7 ,1 3 6 ,0 2 7
$ 5 ,8 4 4 ,3 1 6
D educt—
$50 each, of which 8900,000 has been issued.
$ 9 7 4 ,0 8 8
The officers of the company are : M. E. Olmsted, President, In te re s t and sin k in g f u n d ................................... $ 9 7 3 ,3 7 6
4 ,7 4 0 ,0 2 5
Harrisburg, Pa.; F, H. Goodyear, First Vice-President and D iv id e n d s (5 p . c . ) ......................... - .............. ......... 4 ,6 3 1 ,8 2 0
Chairman of the Board of Directors, Buffalo, N. Y .; C. W.
$ 5 ,7 1 4 ,1 0 8
$ 5 ,6 0 5 ,1 9 6
$ 1 3 0 ,2 0 5
Goodyear, Second Vice-President and General Manager, Buf­ S u rp lu s f o r y e a r ........................................................$ 1 ,3 9 0 ,8 3 1

J cx

18, 1894.]

TH E

COMMERCIAL

C H R O N IC L E .

EPITOME.

C

F r id a y N ig h t , J u n e 1 5 ,1 8 9 4 .

Fun her improvement has developed in general trade con­
ditions. Buyers still act cautiously, but pressing necessities
compel the handling o£ larger quantities of staple goods, and
the increased distribution from jobbers’ hands noted one week
ago is now reflected in a growing demand upon bulk parcels
in first hands. The gain in business has strengthened, in some
instances slightly advanced, values, and the present feeling
in commercial circles is more hopeful. Considerable specu­
lative interest has again been shown in leading commodities,
grain in particular receiving attention, and the temper of
operators, was generally optimistic, Wheat crop conditions
during early portion of the week were reported somewhat
unpromising, but toward the close advices were more cheer­
ful, which served as a check upon investment buying. The
coarser grains are not considered out o f danger and are held
steadily.
Lard on the spot has received a trifle better attention, but
prices have made no changes of importance, closing steady
at 6 l :.'e. for prime City, 7c. for prime Western and 7-3Sc. for
refined for the Continent. The speculation in lard for future
delivery at ihis market has been at a standstill, and prices
have weakened a trifle in response to weaker advices from
the West and liberal receipts of swine at primary points,
closing doll.
D A IL T CLOSIXO TR ICES OF LARD FUTUR ES.
S a l.
r . . . ............................ ...........
S -r p ie a u .e r ....................... . . .

M

7 -"0
" '1 0

J{ o n ,
■•<>•>
7 -1 5

T u ts .

W e il ,

1 bu rn ,

Fn-

7 -1 5
7 -2 0

7 -1 0
7 -2 5

7 -0 5
7 -2 0

7m 5
7 '1 0

P o r k lias b e e n in s lig h t ly b e tt e r r e q u e st a t fir m p r ic e s ,
d o s i n g a t $18 to 3 $ 13 75 f o r m e ss, $13 SO.§$16 f o r s h o r t cle a r
a n d $13 5 0 § $14 f o r f a m ily .

1087

C u t m e a ts l a v e b e e n in m o d e r a te

d e m a n d a n d fir m , c lo s in g a t 7 @ 7 ‘.£c. f o r p ic k le d b e llie s , 1 3 ®

O

T

T

O

N

.

Friday Night, June 15, 1894.
T h e M o v e m e n t o f t h e C r o p , as indicated by our telegramsfrom the South to-night, is given below. For the week ending
this evening the total receipts have reached 18,813 bales,
against 13,637 bales last week and 12,208 bales the previous
week; making the total receipts since the 1st of Sept., 1893,
5,858,782 bales, against 4,951,378 bales for the same period of
1892-3, showing an increase since Sept. 1,1893, of 907,504 bales,.
R eceipts at—

M on,

Sat.

Tuts.

Wccl.

Thurs.

344

363

517

V elasco,
New O r le a n s ..
M o b ile . . . . ___ _

2,037
7

8 34
31

1,265
4

747
3

1 ,105
132

S a v a n n a h .........

3,257

634

1,209

1,610

C h a r le s t o n .....
P t. R o y a l, A c.
W ilm in g to n ___
W ash’to n , & c.
N o rfo lk ..............

„ „ „

50
.■ a ...

7
......

......
182

13
307

N ’ p o r t 1ST., &e.
N ew Y o r k .........

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

......

Total.

274

912:
7 ,1 2 2
182
9>
5 ,2 4 1

5
.........

56
......
5

9
989
39

127
98£
77

85

32

13
59

18

.........

___ _
.........
120

116
.........
53
3S7
114

34&
3 68
1 16
........585
3S7
870

4 ,1 1 0

18,813

.........

......
33

F ri.
68
912
1 ,1 3 4
5
9
257

195

......
98

B a ltim o r e .........
P liilad elp h ’ a <fee

......

.........
283

225

243

Totals th is w e e k

3,998

2,377

3 ,4 1 0

2 .7 6 5

.........
314

2 ,153

The following shows the week’s total receipts, the total sine &
Sept. 1, 1893, and the stock to-night, compare ! with last year
Stock.

1 89 2 -9 3.

1 89 3 -9 4.
Receipts to
J u n e 1 5.

This S ince Sep.
Week. 1 , 1 89 3 .

This S ince Sep.
Week.
1, 1892.

G a lv e s t o n ...
V e la sco , & o.
New O rleans
M ob ile...........

1 ,487 1 ,0 0 1,18 1
9121
4 1 ,4 5 5
7 I W 4 ,8 4 5 ,3 4 9
1
9 8 ,96 0
182
35,129
9
5,241 9 5 4 ,61 2
96,6 93
127 337,621
7 8 ,8 0 2
989
189,458
77
499
4 8 7 ,08 4
313
366 2 37 ,80 8
61,075
116
70,3 70
98.8 88
585
59,679
387
870
64,071

1 ,6 3 2 1,0 3 4,73 2
986|
5 5 ,0 6 3
9,230 1 ,5 4 4,66 3
140 1 6 7 .02 1
28,123
3 ,7 7 4
766 ,19 8
140,265
917
280 ,01 7
427
185
158 ,56 8
755
1,229 275 ,50 3
193,120
461
21,004
178
47,1 25
230
521
115 ,01 9
623
03,901
59,719
720

G a lves’ iiy&c.
N e w O rleans
M o b ile .........
S a v a n n a h ...
C har'ton,A c.
Wilm*t<ra,&o
N o r fo lk ........
W. P oint,A o.
All o t h e r s , . .

2 ,3 9 9
7 ,1 2 2
182
5,211
1 ,1 1 6
77
343
482
1,851

9,230
140
3 ,7 7 1
917
185
1,229
639
2,144

11,597
730
4 ,6 1 6
556
2S0
2,800
1,144
2.811

Tot. th is w k .

18,813

20,876

2 5 ,4 14

1 894.

1 89 3 .

1 5 ,6 3 6

3 0 ,3 1 8

85,633
8 ,1 1 1

1 0 9 ,3 6 3
7 ,3 4 0

4 ,9 2 4
347
3 ,0 2 5
1,544
265
1 ,785
2,171
4 ,107

1,893
39
134
203
14
13
60
853

842
34
53
165
3
548
375
884

20.6 21

3,347

3 ,3 0 1

10 lb s . a v e n g e , 5J£ « 5 $ * c . f o r p ic k le d s h o u ld e r s a n d lO fi,®
11 i| c . f o r p ic k le d h a m s. B e e f is q u ie t b u t s te a d y a t $ 7 @ $ 8 50 3 a v a n n a h . . .
2 0 ,3 8 9 '
1 4 ,5 8 1
f o r m e ss, $7 50('2$lO f o r p a c k e t , $8 50 @ $ 1 1 f o r fa m ily
1 ,5 5 4
B r'w ick .& o
and
§ n .S $ H
fo r
extra
I n d ia
m ess.
B eef
h aras C h a rle sto n . .
2 3 ,4 0 4
19,3 49
a re s c a r c e a n d h ig h e r a t 131.
T a llo w h a s b een
a c tiv e
P. R o y a l, <fei)
a t a s lig h t f a r t h e r d e c lin e , c lo s in g e a s y at 4®g'c. L a rd sten rin e W ilm ington..
4 ,1 0 1
3,112
is d u ll a n d q u o t e d n o m in a lly a t S j i c . O le o s te a r lo e has been
W asa 'u , &o
q u ie t b u t tt e a d y at 7 c. C o t to n se e d o il h as b e e n d u ll b u t N o r fo lk ........
19,301
9 ,9 0 4
s t e a d y a t £9e. n o m in a l f o r p r im e c r u d e a n d 33J t f<8 33c. f o r
750
508
WeRt P oin t
p r im e y e llo w . B u tt e r is q u ie t a n d ea sier a t 14]| ia I S j i c . fo r
445
N 'p ’ t N - . & o
c r e a m e r y . C h e e se i s In fa ir d e m a n d a n d s te a d y a t 714 <9 S J jc . New Y o r k ...
2 02 ,34 5
1 8 7 ,7 7 9
f o r S ta te fa c t o r y fu ll c r e a m . F reeh e g g s a re q u ie t b u t s te a d y
5 ,5 0 0
6 ,0 0 0
B o s t o n .........
a t U \ @ 12c, f o r c h o i c e W e s te r n .
6 ,3 9 8
9 ,4 6 5
B a ltim o r e ...
C o ffe e o f f.vulty q u a lit y ir r e g u la r , b u t th e fin e so rts o f ail
7 ,7 1 0
1 4 ,5 4 7
P uiIadel.,& o.
g r o w t h s a re in g o o d d e m a n d a n d v a lu e s g a in in g in stre n g th .
3 9 3 ,9 9 2
4 1 9 ,5 5 1
T o t a ls . . . . . 18.S13 3.85 *,782 20.876 4,9 5 1,27 8
R io q u o te d at I fie. f o r N o, 7 fla t bean a n d 15,?se. f o r cafe das
affu-m; g o o d C u c u a , 20*, gtiO tje. anti in te r io r P a d a n g 22J.p
In order that comparison may be made with other ears, we
@ 2 8 !X c . Demand for future delivery was more active in gi ve below the totals at leading p o r t s f i r six aersons.________
p a rt f r o m E u ro s* ', a n d v a lu e s h a d an u p w a r d in c lin a t io n d u r1 89 0 .
1 88 9 .
1 89 1 .
1 89 2 .
1 893.
k. I "h y in g s till in s e lle rs’ fa v o r . R e c e i p t s a t — * 1894.
T h e f o l l o w i n g w e r e fin a l a s k in g p r ice s.
33
397"
927
2,393
2,618

June............. l.viie. - -pt................13-950. j Nov................ 13'20e.
July........... ,.,H
|Oct.................13-55e. Deo.................13-lOc.
A n * . . ............... . . H ' S C e . I

I

R a w su g a r * h a v e b een p u rch a se d w ith fr e e d o m , in p a rt on
s p e c u la t io n , b u t p r in c ip a lly b y re fin e r s. T h e d e m a n d w as
stim u la te d b y in c r e a s e d c o n fid e n c e in th e f ix in g o f an im p o r t
d u t y . C e n tr ifu g a l q u o t e d at 3 c. f o r Dfi-deg. test a n d M u sc o ­
v a d o ~ f o r -VMleg, test. R e fin e d a c tiv e a n d h ig h e r ; g r a n u ­
la te d q u o t e d a t 414c. S y r u p s a n d m o la sse s firm e r.
T eas
s e llin g fr e e ly a t a u c io n at s te a d y rates.
K e n t u c k y ” t o b a c c o baa been q u ie t b u t p r ic e s h a v e b een fir m ly
m a in ta in e d o n u n fa v o r a b le c r o p a d v ic e s fr o m th e W e it. .Sales
ISO h h d *>, S e e d le a f t o b a c c o h as been q u ie t b u t s te a d y . S a les fo r
th e w* e k w e r e 923 ca se s, as f o llo w s : 50 c a se s 1892 c r o p , N e w
E n g la n d H a v a n a s v - d , 2 0 § 4 0 c.: 23 ca ses 1892 c r o p , N e w
E n g la n d
i le a f, 23(32 6 c .; 150 ca ses 1892 c r o p , N e w Y o r k
S ta te H a v a n a se e d . H\.i-a 1 4c.; 200 ca se s 1892 c r o p , P e n n s y l­
va n ia H a v a n a , l H , « t 4 c . ; 100 ca ses 1892 c r o p , P e n n s y lv a n ia
w e d le a f. Oat Ilk:.; 200 ca ses 1893 c r o p , W is c o n s in H a v a n a , 9 §
I l f . ; 100 c a - e - 1893 c r o p . U o b h a r i’s. 8 3 $ ® 9 c ., a n d 103 ca ses
su n d riv * . 0 •
; a lgo 530 bales H a v a n a . 68 c . fi $1 10; 25 bales
Y a r n , priv,it>- te r m s , and 300 bales S u m a tra , §2 8 0 -S $ i 73,
T h e r e ha* b e e n v e r y little a c tiv ity to th e tr a d in g in th e
m a r k e t f o r s tr a its t in , a n d w eak* r fo r e ig n a d v ic e s h a v e in ­
d u c e d fr e e o il'.'rin g s, u n d e r w h ic h p r ice s h a v e d e c lin e d , clon ­
in g at Hi-fi5c. I n g o t c o p p e r h as b e e n d u ll a n d u n c h a n g e d at
9 c . f o r L a k e . L e a d h as a d v a n c e d a trifle, a n d th e c lo s e w as
a tea d v at 3 3dc. f o r d o m e s t ic . S p e lte r has a ls o a d v a n c e d , a n d
th e c l mi w o - firm a t 3 4 5 c. f o r d o m e s tic . P i g iro n is q u ie t a t
f 1 * 4 1 1 3 50 f o r d o m e s tic .
R e fin e d p e tr o le u m h as b een s te a d y a t 5 d 5 c . in o b is ., 2 o o c.
in b u lk a n d 6",*5e, in ca e e »; c r u d e in b b is. is u n c h a n g e d , W a s h ­
in g t o n c i e - i o g at 6 c. in b b li. a n d 8 ’SOc. in b u lk ; n a p h th a 5 ^ fc .
C ru d e c e r t ific a te s h a v e a d v a n c e d , c lo s in g a t OOJq'c. bid .
S p irits tu r p e n tin e h as b een q u ie t a n d w ith o u t c h a n g e a t 30J^@
JM;'4c . R o sin s h a v e b e e n firm b u t d u ll at $1 35<3§1 40 t o r
common a n d go d stra in e d . V> ool is d u ll a n d unsettled.
H o p s are in slow d e m a n d and h e a v y .

S in c e S e p t . 1 5 8 5 4 .7 8 2 4 9 5 1 ,2 7 8 7 0 1 3 .2 0 0 6 8 3 1 -8 3 7 5 7 7 4 0 4 5 5 4 8 5 .7 0 0

The exports for the week ending this evening reach a total
of 29,610 bales, of which 13,60J were to Great Britain, 11
to France and 15,936 to the rest of the Continent. Below are
■lie exports for the week and since September 1, 1393._______
W eek E n d in g J un
E x p o r ts
fro m —

G rea t
B r i t ’ n . F r a n ce

1 15.

F rom S ep t, i , Lti«3, o J u n e 15,1894

Conti­ T otal
nent. W eek .

G a lv e s to n .—

Velasco,
New Orleans,.
Mobile & Pen.
Savannah.......
Charleston*..,
Wilmington...

.........
3,203
_____
......

687

887

.........
0,152

3,266
6,152
98D

083

211

241

West P oint....
N’p’t News, &c
New Y o r k .,...

......

2,284
5.141
596
543

11

2.284
8,027 13.179

596

.......
600
380

1,143

(Great

C o n ti­
n e n t.

558,316 98,361
........
741,323 407,853
500
33,574
111,798 32,697
2,600
38,556
229,832 16,206
03,309
350
155,713
76,497
40 270
443.965 17,665
225,914
42,730
6,034
25,353

117,217

B r ita in , F r a n c e

lo ta t.

773,924
38,34533,345
413,230 1,562,419
31,894
820
372,203 516,098
09,760
28,605
152,951 399,039
99,095 167,404
14,800 170,36a
19,467
95,964
46,276
210,713 672,34a

2.4651 228,379
193,57534,696
9,343

144,311

Phlladelp’a . . .

549

Total.............

13,609

8:9
11 15,996 29,616 2,798,240 582,265 1,619,074 4,999,579*

Total. 1892-03.. 17.359

7,509 10,269 41.1:i7 2.225.1 Rtf 531,722 1,350,649 4,107,437

* In clu din g F o r t R oyal.

0

THE CHRONICLE.

1038

In addition to above exports, our telegrams to-night also
tive us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange Building.
ON SHIPBOARD, NOT CLEARED— FOR
J u n e 1 5 a t—

G rea t
B r ita in .

I O th e r
J1r a n e e , j p o r e i g n

L e a v in g
S lo c k .

C o a st­
w is e .

T o ta l.

841
3 ,8 5 5
500
300
N one.
3 ,7 5 0
N one.
N one.

1 3 ,4 2 6
3 ,8 5 5
500
300
N one.
3 .7 5 0
8 ,4 5 0
4 ,0 0

J t e w O r l e a n B ...
G a l v e s t o n ..........
S a v a n n a h ...........
C h a r le s t o n ........
M o b i l e .................
N o r f o l k ...............
H e w Y o r k ..........
O t h e r p o r t - ___

6 .5 6 5
N one.
N one.
N one.
N one.
N one.
2 ,6 5 0
3 ,0 0 0

T o t a l 1 8 9 4 ...

1 2 ,2 1 5

364

1 2 ,4 5 6

9 ,2 4 6

3 4 ,2 8 1

3 5 9 ,7 1 1

T o ta l 1 8 9 3 ...
T o ta l 1 8 9 2 ...

1 8 ,4 7 7
2 2 ,9 6 3

7 ,7 5 8
6 .4 4 4

2 1 ,0 4 5
1 6 .1 2 0

4 .7 1 8
3 ,4 6 8

5 1 ,9 9 8
4 8 ,9 9 5

3 6 7 .5 5 3
5 4 8 ,8 7 8

164
N one.
N one.
N one.
N one.
N one.
20 0
N one.

5 .8 5 6
N one.
N one,
N one.
N one.
N one.
5 ,6 0 0
1 ,0 0 0

72 207
1 1 .7 8 1
1 4 .0 8 1
1 9 ,0 4 9
8 ,1 1 1
1 5 .5 5 1
1 9 3 .8 9 5
2 5 ,0 3 6

Speculation in cotton for future delivery at this market has
been moderate and conducted upon cautious lines. The
reports upon acreage and crop conditions down to June 1st
were generally accepted as promising, but during tbe current
week dry weather has been advised from the Atlantic States
in such form as to create some apprehension regarding the
crop in that section, and served as a slightly stimulating in­
fluence. Tbe ruling line of value has been considered too
low to warrant fresh “ short” ventures. On Saturday the
market opened weak and afterwards declined 9@10 points
under influence of the monthly crop statement from Agri­
cultural Department, the general text of which proved better
than expected. Monday opened with another small decline,
followed by quick recovery, and the close showing 4 points net
gain, the shorts becoming alarmed inconsequence of generally
scant offerings. During Tuesday the dealing was moderate and
principally between local operators with some irregularity in
price, although a small net gain took place. A slightly fever­
ish market prevailed during Wednesday in consequence of
erroneous interpretation of foreign cipher dispatches from
abroad, which at first gave an impression of a sharp advance
at Liverpool, and were afterwards contradicted. Responding
to those features our market gained 7(g8 points and then re­
acted to 3 points net gain for the day. Thursday’s market
was somewhat irregular, but finally closed at a small net ad­
vance. To-day conditions are slow and uneventful, with the
deal mainly among local operators in consequence of absence
of new information from home or foreign sources. Cotton
on the spot fairly active at 7 5-16c. for middling uplands.
T h e total sales for forward delivery for the week are 335.700
bales. For immediate delivery the total sales foot up this week
5,646 bales, including 2,413 for export, 2,800 for consumption
34 for speculation and 400 on contract. The following are
t h e official quotations for each day of the past week—
June 9 to June 15.
Rates on and off middling, as established Nov. 32 'ov th Revision Committee, at which grades other than middling
may be delivered on contract:
F a i r ........................................
M id d li n g F a ir . .............
S t r i c t G o o d M id d lin g .- . . .
€ h )o d M id d lin g ................
B t r io t L o w M id d li n g ...
L o w M i d d l i n g .................
B t r io t G o o d O r d in a r y .. . . .

oa.
on.
on.
ia
on.
ott.
o ff.
1 3 .(5 o ff.

G o o d O r d i n a r y . . . . ...........c . l^ s
o f.
G o o d M id d lin g T i n g e d . . .
E ven.
S t r i c t M id d lin g S t a i n e d . . 7 ..
0 it
M id d lin g S t a i n e d ................
o il
S t r i c t L o w M id . S t a i n e d .. 2h e o i l.
L o w M id d lin g S t a i n e d . . . . 1 % “ o i .

i ’h e

Sales

[V o l . L v ru ,

*4

U PLAN D S.

S a t.

GULF.

6 1,
6 i » lt
73s
71116
8 It
S a t.

Th.

F r i.

63,6
6_7g
7=16
7=8
83,

6-V ,
67g
7 5 l8
7=8
83,6

6%S
6 78
Ih e
7 58
83lfi

63,6
6 7s
83

63 d ,
6 7s
7^8
63lft

M o il T u e s W e d

T it.

F r i.

671S
7%
7»16
778
87,6

6716
7*8
7 3 .fl
778
87,6

67is
7 hi
,6
778
8710

79

S a t . |M o n T u e s W e d

Th.

F r i.

6U,
7316
7=8
715lc
8h!

G o o d O r d in a r y ..............................
L o w M id d lin g ................................
M id d lin g ..........................................
G o o d M iddlin g...............................
M id d lin g F a ir.................................
S T A IN E D .

M «u T ues W ed

L o w M id d lin g .................................
M id d lin g ...................
B triot M i d d l in g ............................
G o o d M id d lin g T in g e d ...............

6 7 .6
71s
7 » ,s
7 78
87.6

7hi
73.6
7 78
87.6

6
5 « 16
6 78
61516 6 78
73.3 ,
75
7332
73f,
7&TG 76i«

6 78
7 3 ,a
7=16

6 '8
7 3 ,3

oI
o

. to
*■§

H*

to
M
*J
P <I_2
CO
£s
O

0
0

►0
CO
y
*t

0
0

00

^

0
00
0

•oJr
“ 'o

0

•H0
O
O

0
0

*3
00

t * 5f

<1*3
H- *-*
COrf( 9

5
O

*3*3
H
OCO

Of
*q*JO *l

*3*3 0 * 3

if* ch

07

a

*3*3
Hr-*
Oi O'
» 1«

►
<3
CP

^

SALE8 OF SPOT AND CONTRACT.
8POT MARKET
CLOSED.
B a t 'd a y .
M onday
T n esd aj
W e d ’day
T h n r’d ’y
F r id a y ..
T o ta l.

D u ll a n d e a s y . ..
stea d y a t i i b d c .
Q u i e t .....................
s t e a d y ..................
S t e a d y ..................
S t e a d y ...................

E x­
p o rt.

C onS p ecs u m p . u t 'V n

2 ,3 1 2

400
800
581
414
345
260

....

2 ,4 1 2

2 ,8 0 0

S4

i ’o o

C on­
tr a c t.

T o ta l.

S a le s o f
F u tu r e s .

....

400
1 ,3 0 0
615
414
34*
2 ,5 7 2

5 6 .4 0 0
5 5 ,3 0 0
5 3 ,2 0 0
6 7 ,7 0 0
59.7-K )
4 3 ,4 0 0

400

5 ,6 4 6

3 3 5 ,7 0 0

40*6
34

®
n

*3 0

^
®
**

XH

1

p CM05 *-*•

F utures

-? 1
M 1
^
i

<

®
h*
:

0 *3 0*3
H* —°H *
O' Oi Ol

05 Oi *■<
1 COJ

'I 'l O 'l

-4 * 4 0 * 4

*4*4 O *4

oco

OO

*4 f

a

H*tO°H
*4

-j-a ^
tOM 9
(LCD H ** to COto ^
, ci .J1®!
•
05
CO
*3-*10*3 *3*10*3
to
to °to
P tO °H
«c to CO COM M

are

sh ow n

^

*3*3

^

th e

fe

&

a o w g,
S'® ® g 1

,J
cq “ftQq
^Pi2-C
; d
►
1. ®
s;

f

S- S

Si 1

v 'i

gSo-.^ o O O 'H
P
**?>g
co ® ®
i^M
<IO*

yQ

!§ fe
a a X

* 0.0
“4*4
HH
IOr-*

[> *4"4 1J

5
®
N

•a*0:

HO

®

1o

:

*

ocm

i
Id

2

05

H*
-1 . 0 *3
H I <=>6

Si

«< l ^
►
—
*i~* 9

*4*3

4

*3*3

•9 * .

1

^

IX) O **
n r:
ts
<1-40*4

<140<l
h M ©h
COif*

CM
£►

h

toot

*4 <10*4 <1-40*4
h m ° o
H H °M
CM*3 CM

*3*3

>

0

0

00
1

1

1

1

1

>
4

1

CO

*3*3 J
HH ®
*30t0^
l o “ >:
H
, <30*3
1
*3 CO

1

1

0

9

.00

1

1

0

01

*3*3

*3*4 4
COCO ®

*3*3 %
COCO ®
00 CD **
1 9 .° “
CM
*3*3 0*3
co n l°co
COO CO COif*

*3*3

*3*3

*3*3

0

*3 CO **
» ? :
*3*3 0*3
COCO° CO
0009 *3
*3*3 >
i£co ®
toco ^
1
*■
CO
*3*3 0*3

1

95

to
t>
*3*1 %
it* tH ®
MO» ^ C005
a to
oi :
to
CO
*3*3 0*3 *3*30*3
0>U>°|U
05 03 C5 H O CO
!J

1

1

1 a*3:

^ I
to

:

>
<
®

to

*4*40*4
CMCM® CM
coo

Ii
Id

II

1

%

®
*

it-to

^

5

CO** ^
1n r :
*3 <30*3
COCO hi
O O CM

0

*3*3
COto ®
CMCD **
: 0.05
to
*3*3 0*3 <3*30*3
COtfl°CO cbco°cb
CO COH CO 005 to
>
>
<
-i-a J *3*3 %

HH ^
, a .?3:
CO
*3*30*3
tool

*3*3
coco
00*3

*3*3

*3 QO

1 *3 1 ® CrO:
*3*30*3 *3 <3 0 *3
© it..
H Oi ^ CM
o c o 0 C5*3 CM

tOCM **
• 9 ^ '.
*3
*3*3 0*3
COtO *3

*3*3

^

0500 **
f «> ‘
*3*30*3
tOCo° W
*3*3 M
*3*3
coco ®
toco ^
n.®:
*3*30*3
COrfi °C0
COCO *3

taj

3
H

1

■?,
&
CO 1 9
(X)
►
»
d :
H
<3*30*3
COrfl°H
CD00 00

1

e
a

1d
■ 4,

id

r
O

1

>
<
9

*3*3
*3 00

>
<
9

<3 <3 ►
<
Oi H 9
CMCO

I

19

*4*40*4
6 o 5 C (i)

o

>
<

Z

HO ^
1 s f 3;
o .» :
bo
CM
*3*30*3 *3*30*3
COCO° CO cbcb°cb
050 05 to h to

<5
d:

>
<
CMCM ®
*3 CD

*3*3

►

►
◄

<3<3

0

0

<
?5
^lco
Sg
O

0

ffl

by

*3*3 ^
HH ®
OOCO^ CXJCOta^
COCOCO^
ss?3:
1 9 $ » ‘.
Ior:
CM
05
*3*30*3 *3*3 0*3
<3*30*3
H
tO °H *
to to to H tO °tb
MC5 CO coto
<3
£>•
*3*3 ^
J - i o 5 *3*3 %
-t -t i
Sr 9 4
toto ® to to ® to to ® tOH 9
H H ® H H ® ■3
O >-* ** CMto H cow ** o c o H coto ^ a«05 N
o .“ :
9 r :
»? :
a .M :
9 r:
n r:
I
CO
00
CM
00
*3*10*3 0 * 3 0 * 3 *3*3 0*1 *3*3 0*3
1 *30*3 *1*30*3
1
*4
t o to ° t o to to to t o to ° tb tb tb °to
MW tO 05 03 CM H CO CM H ifft- H*
CO CM 05 05 CO
CP£►
b0 '3 ^ *3*3 % *3*3 % *3*3 >
< <1*3 % • w Sr
to to ® COto ® COto ® toto ® to H ® totb ® O
tO*3H"< OCO N *305 ** CM00 *-* HH ^
a j
O
I ?:
o «:
, .r :
1 .®:
CO
CO
*3
CO
*3*30*3
, *30*1 *3*3 0*3 *3*3 07*3 <3*3® *3 <3*30*3
tOtO° to 1 CO CO COCO° CO to CO0 to to to to to co to
00 CO 00
to Hif»- to ODO 00 05 05 H t o o 05
-t-J

'? " ? <
COCO 9
toco ^
1
OJ
*3*3 0*3
COCO CO
COCM M

a
. *3
CO Jf^co

PJH

B.
* o©3
05° "

*J^
7(J0
to« o

0

_a
O'

g
*<
*SS
• * io *
ci.O

5]L6le
6 78
73.t2

MARKET AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
&column which shows at a glance how the market closed on
same days.

of

HI

3

ST COCM®

On this basis the prices for a few of the grades wmld be as
follows:
G o o d O r d in a r y ...........................
L o w M id d lin g .................................
M id d lin g .........................................
G o o d M id d lin g ..............................
M id d lin g F a ir ................................

P r ic e s

and

following comprehensive table.
55
"►gl
** oo |Q ^ c o a .
<
O’-d®®
oEO®Pj
oS.E.g' oa 2®. ®- - ai coe2a. E®. &5 C
?s „ , a C5
® ©g*
H ® ® Pi ( ? » “>2
c*®
®p >
r® ® p
PC
D* p
P a* m
®
©!|
Co^
p r* *-1
53 js !-<
D-p-O
f t 's
P-.-B
—• p
w: a
r : ®
p . H*
3: 5
3: ®
t s : i-*
p : »
p: I
05,
ov.
t<5.
3 ; l

1

-?
CM1
H*

Id

CJt 1

►
•d

►

1 1

3

11

1 a;

r

Is

IS

II

a

II

►

i s

II
Ia

II

II

►
■s 1 1 < l 1 5
H
a
1 « : : 1 4: :

l 1 ®
1 1 t► 1
H
14: : 1 4 : :

I I

It: | 1

1 1i | 1 1 : |

1

&
®

Is

The following exchanges have been made during the week:
■02 p d . t o e x o h . 2 0 0 A u g . f o r S e p t.
•18 pd. t o e x o h . 1 0 0 A u g . f o r D e c .
■ 08 p d . t o e x o b . 1 0 0 A u g . f o r O c t .
•09 p d . t o e x c h . 1 ,9 >0 A u g . f o r O c t .
•04 p d . t o e x e n . 1 ,0 0 0 A u g . n o d e ­
l i v e r y b e f o r e O ct. 2 5 .
0 3 p d . t o e x o n . 5 0 0 A u g . f o r S e p t.
•20 p d . t o e x c h . 2 ,0 0 0 A n a . f o r D e c .
•04 p d . t o e x c h . 1 ,1 0 0 J u l y f o r A u g .
•11 p d . t o e x c h . 1 0 0 O c t . f o r D e c .

•07
•10
•04
•09
■34
•03
07
01
•09

pd.
pd.
pd.
pd.
pd.
pd.
pd.
pd.
pd.

to
to
to
to
to
to
to
to
to

exch .
exoh.
exoh.
exoh.
exch .
exch
exch .
exch .
exoh.

3 0 0 S ep t, f o r O ct.
1 0 0 A u g . f o r O o t.
1 ,3 0 0 J u l y f o r A u g .
t o o A u a . f o r O ct.
6 0 0 A u g . f o r F eb .
200 A ug. fo r S e p t
2 >0 D e o . f o r J a n .
7 0 0 J u ly fo r A n g.
2 0 0 A u g . fo r O ct.

T h e V i s i b l e S u p p l y o f C o t t o n to-night, as made up by c a b l e
and telegraph is a s follows. The Continental stocks, as well a i
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 15), we add the item of exports from
the United States, including in it the exports of Friday only.

THE CHRONICLE,

J une 18, 1894 |

,
1 89 4
1 89 3
1892.
1891
S to ck at L iv e r p o o l......... b a le s . 1 ,5 0 8 ,0 0 0 1 ,5 2 0 ,0 0 0 1 ,6 2 1 ,0 0 0 1,1 7 0,00 0
S tock a : L o n d o n ..........................
7 ,0 0 0
6 ,0 0 0
9 ,0 0 0
17,000
T o t a l G r e a t B rita in s to c k . 1 ,5 1 5 ,0 0 0 1 ,5 2 6 ,0 0 0 1 ,6 3 3 ,0 0 0 1,1 8 7,00 0
S tock a t H a m b u rg .......................
2 8 ,0 0 0
1 6 ,0 0 0
3 ,5 0 0
4,500
S to c k at B re m e n ..........................
1 7 3 ,0 0 0
1 6 3 ,0 0 0
1 3 8 ,0 0 0 1 3 7 ,00 0
S tock a t A m s t e r d a m .................
1 4 ,0 0 0
1 8 ,0 0 0
2 6,0 00
22,0 00
S tock at R o tterd a m ..................
100
300
300
100
S to ck a t A n t w e r p ........................
1 6 ,0 0 0
1 0 ,0 0 0
8 ,0 0 0
9,0 0 u
S to ck a t H a v re .............................
4 1 7 ,0 0 0
3 9 0 ,0 0 0
4 3 1 ,0 0 0 252,000
M o e k a t M a rs e ille s .......... ........
7 ,0 0 0
7 ,0 0 0
8 ,0 0 0
10,000
S to ck at B a r c e lo n a ........................
8 7 ,0 0 0 1 0 9 ,0 0 0
9 8 ,0 0 0
107 ,OOo
S to ck a t G e n oa ........... ..................
1 6 ,0 0 0
2 0 ,0 0 0
1 8 ,0 0 0
1 0 ,OOo
S tock at T r i e s t e ..............................
3 0 ,0 0 0 2 2 ,0 0 0
3 1 ,0 0 0
T o ta l C on tin en tal s to c k s ..
7 3 8 ,1 0 0 7 5 5 ,3 0 0
7 6 4 ,8 0 0 584 ,90 0
T o ta l E u rop ea n s to c k s . . . . 2 ,3 0 3 ,1 0 0 2 ,2 6 ,3 0 0 2 ,3 9 7 ,8 0 0 1,7 7 1,90 0
In d ia cotton afloat for Europe
1 70 .00 0
155 .00 0
2 6 0 ,0 0 0 2 1 1 ,0 0 0
Auier. cott'n atloat for Europe.
1 0 4 .00 0
1 2 9 ,0 0 0
130,000
Egypt, Brazil, Ac.,afli for E'r’pe
33,000
4 9 ,0 0 0
28,0 00
32,000
Stock In United States ports.. 393,992 419,551 597 ,87 3 322,317
Stock to B. S. interior towns..
99,982 166,9.12 204.922 120,083
4,016
Bolted States exports to-day.
8 .8 2 0
1,170
3,9,95

33,000

1

110.000

Total visible supply..........3,114,09 '• 3,1-3,573 3,618,765 2.591,285
Li: n .

. ■. •

.

American—

'

".

: - E e : ee

:.EE: e -

e : ,e , :

Liver poo! -rock . .........bales. 1,274,000 1,255,000 1,404,000
Contluental stocks.................. 631,000 628,000 590,000
American afloat for Europe... 116,000 101,000 129,000
United State* stock,................ 393,992 419,551 597,783
ilEE. 1
- - interior stocks..
99,982 166,902 201,922
Halted9t
sxports to-d a y .___ 4,016
8 ,8 2 0
1,170
T o t a l A m e r ic a n ,.. . . . . . .

Musi Indian, Brazil, die. —
IArerpool s t o c k .......................
London stock ..................
Continental s to c k s . .........................

9 44.000
410.000
130.000
322,317
120,083
3 ,9 6 5

1,512,990 2 ,5 3 2 ,2 7 3 2 ,9 2 6 ,8 7 5 1 ,930,385

234,000
7,000
157.100

2 6 5 .0 0 0

2 2 0 ,0 0 0

2 2 6 ,00 0
17.000
174 ,90 0

6 ,0 0 0
9 ,0 0 0
127 .30 0
1 74 ,80 0
1 7 0 ,0 0 0
I n d ia a flo a t f o r E u r o p e ____ . . .
1 55.000 2 6 0 ,0 0 0 2 1 1 ,0 0 0
E g y p t, B r a z il, A c ., a flo a t..........
3 3 ,0 0 0
4 3 ,0 0 0
2 9 ,0 0 0
32.0 00
T o t a l E ast I n d ia ,* ® ...........
8 0 1 ,1 0 0
6 0 1 ,3
.3 0 0 6 9 1 ,8 0 0 6 6 0 ,9 0 0
T o ta l A m e r ic a n .....................3 ,5 1 2 ,9 9 0 2 ,5 3 2 ,2 7 3 2 ,9 2 6 ,8 7 5 1,9 3 0,38 5

Total visible supply__S.il 4,0*0 3,183,573 3,618.675 2,591.285
4>,6d.
4%d.
4 0 „d .
*3isd.

Middiiner U plan d, L iv e r p o o l..
M id d lin g C p ia n d . N ew Y o r k ..
E g y p t G o o d B row n , L iv erp ool
P eru v. R o u g h G o o d , L iv e r p o o l
Broach: F ine. L iv e r p o o l. . . . . . .

8%o.

75,.,c.

8i,se.

3d.

5 7 ,i d .

5%d.

67 , i d .

4lad.

fligd.
4 i .d .

4 7 l d.

7*sc.

6% d.

311,sd.

4'-.,..].

9d.

1

6

rtnnevoliy Good, Liverpool,..
3 'sd.
4-lsd.
4 i i 6d.
4 s ie<L
t w The imports into Continental ports the past week have
been 43,000 bales.
The above fig u r e s indicate a decrease in the cotton in sight
to-night of 69.433 b a le s as c o m p a r e d with the same date
a t lf® 8 , a. dtyz.rerMr. of 304,533 b a le s from the corresponding
date of 189$ a n d a n inm ate of 532,803 b a les over 1891.
AT the Is- r .:-t(onTowns the movement—that 1 3 the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1892-93—is set out in detail below.
£?f

in O S

2

HP-

2TE §N»
8 I *i'E=rS
I wwH
£

2

m u m -

=Jfg-c

3 T ?

r

r m1
*

J# •

8
4

o
>
►
m g
r
.5 . >
-5 -> - - ?
£ a
►
C
3* >8
E
> >

-2

BBT;

t l

I

*

I ® o
**►» * * * . . « 2 ft *.
----------- § 3 3 *
-j * *

£2
,
I I . m i * i : % i : :‘ * : : 3 t * i

1089

QUOTATIONS FOR MIDDLING COTTON AT OTHER MARKETS.—

8elow we give closing quotations of middling cotton at S o u t h ­
ern and other principal cotton markets for each day of the week.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—

J u n e 15

Satur.

M on.

Tues.

Wednes.

Thurs.

F ri.

71,6
7116
7
7 is
7T«
7
7316
7%
7>4
7%

77,6
7116
7
77s
77s
7
77s
738
7H
7%
71s
73xs
7 3ie
71,6
77>la
7%

71,6
71,6
7
77s
77s
7
7316
75,6

7he
7*16
7
77s
s
7
73,6
7 3ie

7»1«
77s3>316
73ie
73ie
71,6

771ie
77883,6
73,6
73,6
77ie
7k,
7%

7he
7 ’-I6
7
77s
7ig
7
73I6
75is
73g
717X6
7 16 ® 3 16
7»1«
7 3 ,6
71X6
7Js
7%

71x8
71x6
7
%
77s
7
7316
7516
73s
711X8
77s®3is
7%
73le
71,6
7%
73s

G a lv e s t o n ...
N ew O rleans
M o b ile...........
Savannah. .
C h a rle s to n ..
W ilm in g to n .
N o rfo lk .........
B o sto n ..........
B altim ore. .
P h ila d elp h ia
A.ugiisLa.. ..
M e m p h is ....
St. L o u is ___
H o u s t o n ___
C in c in n a ti..
L o u is v ille ...

K
16
7316
7*16
7 7 ,S
Tns
73s

774

773
733

*3 ©

-ae m

*

cb

A tla n t a .............
C olum bus, G a .
C olu m b u s,M iss
E u fa u la ...........

6 i3 le
6 7s
6%
6 7s

L ittle R o o k ___
M o n tg o m e r y ...
N a s h v ille .........
N a to lie z ............

6 7e
S 's
7
6 78

cr>m

;

*

Receipts from the P lantations.—The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
W eek
E n d in ? —

May
**
**
Jane
•*
“ .

11. ..
IS ...
2 5 ....
1 . .. .
8 . .. ,
15.

’^ R eceip ts a t th e P o r t e .

1892. | 1893.

1891.

50,127 J 30.150
30,670 32,625
33,97.7 25,359
34,114 25,588
80,518, 25 296
25,4 91' 20,876

27,850
21,604
21.602
12,208
18,697
18,813

SV k a t I n t e r i o r T ow n s. R e c ’p ts f r o m P l a n V m t

1892. | 1893.

Week.
S hipped—
V ia St. L o u is ....................................
V ia C a iro ...........................................
V ia E v a n s v i l l e .- ..........................
V ia L o u is v ille ................ . .............
g wZ!

OOM

©*»J~KS' W M ft i-*

}#>9BH a ) 9 «IO «> C 0 H 0D-l#.6SOl®*>4SC®^*^©C3-*: <£-.Ol5 35t»
k M C # -ifeM S «ifc© iB M i»S j»© M O ® ca -s»© co a ii»se o - w w-aswi©

«
|m

m

^

* la*-*
■

mm

w-*-*i3 <1 >-*02*-*e-

« c W * - * - y*i$ o*‘»

>00

ac w

j

-H M 1

'—« j

a?s*a*
*
I3- SMC •-

I © a * i® 3 5 5 2 M

s o&*

CJ»orot»C

4.3© ©•J*-*-.1o* 1
w- .at.« i. - .

. . . . .

-0. 3.0

ill
31
111
$2

ml

o*ct-tc

«

m

«

mo

#*■o

T iM
w -p )S I S S3
* 0* « ;
-.4 V- w w •
—— w« ? » © • * SC©*;
S<»©f W - O i - M T 'N l - f t t M O

MCBC

§

tn-mm* sis

is -r tB O M ; o * « e * » s i
* os
• #.
' *4 o“ cc » © ® o sc

CO*©*#*®

9C05<J©#IS#*---

2,817
1,455
1 ,7 9 2
607
694

1893.

1894,

1 89 2 -9 3.
W eek.

Since
Sept. 1 .

6 00,318
229 ,27 3
13,733
7 ,3 6 9
123,998
103.342
125,716

7,365 1 ,203,749

k s

~

bj ’

0u«-*IS63&3O I *

*
8-srrtref “ n e t ” In b o th y ea rs,
f T h U year'll ftarare,» esUrnaterl.
t La&$
&mtrm a re fo r Sherm an* T e x a s .

The above totals -how that the interior stocks have decreased
luring the wi—k 12,149 bales a id are now 63,930 bales lass than
it samp i- te -I Ia.u vear. The receipts at ail the towns have
te e n 63-fl Sale, fcw than same week last year and since
(ept. 1 are 443,238 bales more 'hnn for same time in 1892-93.

6 ,6 3 7
2,199
97
2,041
1,095
1,368

4 5 6 ,2 9 0
198 ,24 4
138 ,57 9
14,020
1 1 8 ,0 5 7
104 ,43 1
159,308

13,437 1 ,1 8 8,92 9

O v erla n d t o N . Y ., B o s to n , A o ..
B etw een In te rio r t o w n s .............
In la n d , A o ., fr o m S o u t h .............

1,842
107
923

293,017
21,843
100,149

2,144
594
2,253

2 8 5 ,76 4
22,9 87
7 0 ,9 7 2

T o ta l t o b e d e d u c te d .................

2,872

415 ,00 9

4,991

3 7 9 ,7 2 3

8,446 8 0 9 ,2 0 6
4 ,4 9 3
7 88,740
L e a v ln g t o t a l n e t o v e r la n d * ..
* I n c lu d in g m o v e m e n t b y r a i l t o C anada.
T h e fo r e g o in g s h o w s th a t th e w e e k ’s n e t o v e r la n d m o v e m e n t
h is y e a r h a s b e e n 4,493 b a le s , a g a i n s t 8 ,4 4 6 b a l e s f o r t h e
w e e k i n 1 893. a n d t h a t f o r t h e s e a s o n t o d a t e t h e a g g r e g a t e n e t
o v e r l a n d e x h i b i t s a d e c r e a s e f i ’ o m a y e a r a g o o f 2 0 ,4 6 8 b a le s .
I n Bight and Spinners’

x - c i j * i < ‘ 'i * i i . o c M c i w r i a a > -c c c y « 0 ‘ iM K)w w iw

O*

Since
Sept. 1.

1893-94.

.

I

T o t a l f?rosB o v e r la n d .................

Deduct shipments—

x s»« *5 <s * © -ic a* w- * -3**> ► 5«-A .© © 0D e W J D C M I A i M - a

I OW

1892.

32,080 14,033 12,881
22,196 19,064 12,736
25,682
9,313
9,048
19,825 13,964
1,676
11,838
6,865
18,807
11,552 .........
6,664

The above statement shows: 1.—That the total receipts from
the plantations since Sept, 1 in 1893 are 5,832,598 bales; in
1892-93 were 4,989,348 hales; in 1891-92 were 7,182,199 bales.
2.—That although the receipts at the outports the past week
were 18,813 bales, the actual movement from plantations was
6,664 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the week w e r e --------bales and for 1892 they were
11,552 bales.
Overland Movembnt for the W eek and since Sept . 1.—
We give below a statement showing the overland movement
for the week and since September 1, As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is o f course supplementary to the more extended
monthly statements. The results for the week ending June 15
and since Sept. 1 in the last two years are as follows:

V ia o th e r r o u te s , A o .....................
® »-*C3tS

1894.

261,971 j243,086; 155,917
258,497 j229,525 147,049
245,2021213.179 134,495
230,588! 201,857 123,963
218,864! 187,899 112,131
204,9221196,902 99,982

frS*

coui-

•4 * 1—u* o* *c ®«*i «o -j>a ►*© m to m c i « * - ic © -J o « o *o m o * w
* X *3 <2. ta 35 x (5 » M *-i '4 C *■» l r W AbX ® t5 ^ T o c C H * 0» O
— O&3#*W*-CD©OO*kiCUD«-'J0D3Dw»CS^l»-*O,OW

KM-4 fcS— M

I N e w b e rry ..........
6%
I R a le ig li............. 7 3778
Selm a................ .
7
I S h re v e p o rt........
67a

1893-94.

-• * 4 © t O » « '.4 * a 5 .» -* J '« a O W ' W © l*«C —CN«3w»0- 00* « » - t t

5

774

7

The closing quotations to-day (Friday) at other important
Southern markets were as follows.

June 15.
0*

71

Takings.

R eoelp ts a t p o rts t o J u n e 15.........
N et o v e r la n d to J u n e 1&................
S outhern co n su m p tio n to J ’ ue 15

Week.

Since
Sept. X.

18,813 5 ,858,782
788 ,74 0
4,493
8,000 6 1 1 ,00 0

1892-93.

Week.

Sines

Sept. 1.

20,876 4 ,9 5 1,27 8
8 ,446 8 09 ,20 6
8 ,0 0 0
5 92 ,00 0

T o t a l m a r k e t e d ........................... 31,3 06 7 ,2 5 8,52 2 37,322 6 ,3 5 2,48 4
38,2 68
23,8 16 *2 0 ,9 9 7
In terior s to c k s in e x c e s s ................ *1 2,1 49
C am e In to s ig h t d u rin g w e e k .
T o ta l In s ig h t J u n e 1 5 .............
(Torth’ n s p in n e r s ta k ’ ga to J ’ ne 15

16,325

19,157
7 ,282,338
......... 1,4 8 0.66 8

....

6,3*90/752

......... il,6 3 1 ,2 7 1

i/BtUEtthO UULlIUg n o c n .

It will be seen by the above that there has come into sight
during the week 19,157 bales, against 16,835 bales for the
*ame week of 1893, and that the increase in amount in sight
to-night as compared with last year is 891,586 bales.

1040

W e a t h e r R e p o r t s b y T e l e g r a p h . —Reports to us by tele­
graph this evening denote that in the Southwest there has
been very beneficial rain the past week. In the remainder
of the cotton belt, however, the weather has been dry as a
rule, and moisture is needed in a number of section?, more
particularly along the Atlantic. Temperature has been higher.
Advices from Texas are very satisfactory.
Galveston, Texas.—Rain has fallen heavily on four days of
the week, benefitting cotton, the precipitation reaching six
inches and twenty-seven hundredths. The thermometer has
averaged 76, ranging from 70 to 83.
Palestine, Texas.—Rain has fallen on five days of the week,
the precipitation reaching two inches and twenty-nine hun­
dredths. The thermometer has ranged from 60 to 92, aver­
aging 76.
Huntsville, Texas.—We have had showers on three days
of the wet k, the rainfall reaching sixty-nine hundredths of
an inch. Average thermometer 81, highest 92 and lowest 70.
Dallas, Texas.—Rain has been beneficial to cotton through­
out the State. There has been rain on three days during the
week, the precipitation reaching two inches and forty-two
hundredths. The thermometer has averaged 75, the highest
being 90 and the lowest 60.
San Antonio, Texas.—We have had showers on two days of
the week, the precipitation reaching forty-nine hundredths of
an inch. The thermometer has averaged 82, ranging from 70
to 94.
Ruling, Texas.—It has rained on two days of the week, the
rainfall being ninety hundredths of an inch. The thermom­
eter has ranged from 70 to 94, averaging 83.
Columbia, Texas.—We have had heavy rain on three days
of the week, with a precipitation of eight inches and four
hundredths. Average thermometer 76, highest 92 and lowest
60.

["VOL. L v m .

THE CHRONICLE.

Cuero. Texas.—There has been rain on three days of the
week, the rainfall reaching one inch and eighty-one hun­
dredths. The thermometer has averaged 83, the highest being
96 and the lowest 70.
Brenham, Texas.—We have had showers on four days of the
week, the precipitation reaching sixty-seven hundredths of
an inch. The thermometer has averaged 81, ranging from 68
to 94.
Belton, Texas.—We have had rain on two days during the
week, to the extent of two inches and sixty-one hundredths.
The thermometer has ranged from 64 to 94, averaging 79.
Fort Worth, Texas.—Rainfall for the week two inches and
forty-six hundredths, on three days. Average thermometer
74, highest 89 and lowest 60.
Weatherford, Texas.—It has rained on four days of the
week, the precipitation reaching two inches and fifty-two
hundredths. Ttie thermometer has averaged 74, the highest
being 88 and the lowest 60.
New Orleans, Louisiana.—Rain has fallen on four days of
the week to the extent of five inches and fifty-seven hun­
dredths. The thermometer has averaged 77.
Shreveport, Louisiana.—We have had rain on three days of
the week, the precipitation beng one inch and thirty hun­
dredths. Tne thermometer has ranged from 57 to 90, averag­
ing 76.
Columbus, Mississippi.—It is claimed that the corn crop
has been damaged by dry weather. Cotton is very small but
has improved since hot weather set in. Average thermome­
ter 64, highest 81.
Leland, Mississippi.—Crops are suffering on account of dry
weather. Corn is very poor, eight to ten per cent of the seed
having failed to come uu. There has been no rain all the
week. The thermometer has averaged 72 8, the highest being
91 and the lowest 50.
Meridian, Mississippi.—The weather has been dry all the
week, and all crops are in need of moisture. The thermom­
eter has averaged 77, ranging from 60 to 94.
Little Rock, Arkansas.—Telegram not received.
Helena, Arkansas.—Dry weather has prevailed all the week.
Crops are said to be suffering. Average thermoneter 77,
highest 91 and lowest 56.
Memphis, Tennessee.—It has been dry all the week, and the
latter portion hot and sultry. The last rain fell ten days ago.
There is general complaint of drought and that condition is
depreciating. The thermometer has averaged 76 6, the high­
est being 96'6 and the lowest 52 3.
Nashville, Tennessee.—There has been but a trace of rain
the past week. Cotton needs moisture badly. The thermom­
eter has ranged from 49 to 95, averaging 77.
Mobile, Alabama.—Crop reports still indicate drought and
cool nights. Good rain3 are badly needed. We have had
rain on two days of the week, to the extent of fourteen hun­
dredths of an inch. The thermometer has ranged from 62 to
89, averaging 78.
Montgomery, Alabama.—The weather has been warm and
dry all the week. No rain has fallen in nearly a month, and
it is badly needed. Average thermometer 79, highest 92 and
lowest 66.
Selma, Alabama.—There has been rain on one day of the
week, the precipitation reaching ten hundredths of an inch.
The thermometer has averaged 76, the highest being 92 and
the lowest 60.
Madison, Florida.—The plant is doing moderately well but
rain is badly needfd. Only one slight shower the past week.
The thermometer has averaged 79, ranging from 61 to 93.

Columbus, Georgia.—It has been dry all the week. The
thermometer has ranged from 60 to 94, averaging 82.
Savannah, Georgia.—We have had rain on one day of the
week, the rainfall reaching eleven hundredths of an inch.
Average thermometer 76, highest 96, lowest 65.
Augusta, Georgia.—The weather has been warm during the
week, with a trace of rain on one day. The condition of the
crop has improved, as evidenced by better accounts. The
thermometer has averaged 77, the highest being 97 and the
lowest 59.
Charleston, South Carolina.—Rain has fallen on two days
of the week, to the extent ot twenty-one hundredths of an
inch. The thormometer has averaged 76, ranging from 67
to 93.
Stateburg, South Carolina.—Rain is greatly needed. We
have had only a trace of rain on one day during the week.
The thermometer lias ranged from 59 to 98, averaging 77-6.
Wilson, North Carolina.—It has been dry all the week.
Average thermometer 79, highest 94 and lowest 58.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock June 14, 1894, and June 15, 1893.
J u n e 14, ’ 94 J u n e 15, '9 3 .
Feet.
10-4
14-3
2*2
7-8
24-1

New O r le a n s . . .
M e m p h is ............. ___ A b o v e lo w -w a te r m a rk .
N a s h v ille ............
S h r e v e p o r t ..........
V ic k s b u r g ..........

F eet.
17*0
33 4
101
2 1 ’7
45-5

I n d i a C o t t o n M o v e m e n t f r o m a l l F o r t s . —The receipts
and smoments of cotton at Bombay have been as follows fcr
the week and year, bringing the figures down to June 14.

BOMBAY RECEIPTS AND SHIPMENTS FOB FOUR YEAR8,
S h ip m en ts sxnee S tp i. 1.

S hipm en ts th is w eek.

G reat
l i a r a r e a l C o n ti­
B r it’n . n en t. T otal. B r ita in
’ 93-4
’ 92-3
’ 91-2
90-1

10,000
3 0.0 00
1 ,0 0 0 12.0 00
2 ,0 0 0 3 0,0 00

10,0 00
3 0 .0 0 0
13.0 00
3 2 .0 0 0

4 4 .0 0 0
3 8 .0 0 0
6 7 .0 0 0
9 5 .0 0 0

C o n ti­
n en t.
7 1 4 .0 0 0
7 36 .00 0
7 6 1 .0 0 0
8 7 0 .0 0 0

R eceipts.

T ota l.

This
W eek.

Since
Sept. 1.

7 5 8 .0 0 0
7 7 4 .0 0 0
8 2 8 .0 0 0
9 6 5 ,0 0 0

4 5 .0 0 0
5 1 .0 0 0
6 0 .0 0 0
4 8 ,0 0 0

1 .6 3 6 .0 0 0
1 .6 0 8 .0 0 0
1 ,6 0 6 ,0 0 0
1 ,9 2 0 ,0 0 0

According to the foregoing Bombay appears to s h o w
decrease compared with last year in the week’s receipts o f
6,000 bales and a decrease In shipments of 20,000 bales, a n d
the shipments since Sept. 1 show a decrease of 16,000 bales.
The movement at Calcutta, Madras, and other India ports f c r
t h e last reported week and since the 1st of September, for t w o
years, has been as follows. “ Other ports” cover Ceylon,
Tuticorin. Kurrachee and Coconada.
a

S hipm ents sin ce S ept, i..

S h ip m en ts f o r the w eek.
Great
B rita in .

C on ti­
n en t.

C alcu tta —
1 8 9 3 -9 4 ...
1 89 2 - 9 3 ...
MadraR—
18939 4 ...
189 2 - 9 3 ...
A ll o th e r s —
3 ,0 0 0
1 89 3 9 4 ...
1 8 9 2 9 3 ...

Total.

2 ,0 0 0

T o ta l a ll—
1 89 3 9 4 ...
3 ,0 0 0
1 8 9 2 -9 3 ...

Great
B rita in .

C ontinent,

2 0 ,0 0 0
1 0 ,0 0 0

6 1 ,0 0 0
4 0 .0 0 0

8 1 ,0 0 0
5 0 .0 0 0

2 3 .0 0 0
1 0 .0 0 0

1 7 .0 0 0
6 ,0 0 0

4 0 .0 0 0
1 6 .0 0 0

2 ,0 0 0

Total.

2 000
1.000

5 .0 0 0
1 .0 0 0

2 8 .0 0 0
2 2 ,0 0 0

5 9 .0 0 0
4 4 .0 0 0

8 7 .0 0 0
6 6 .0 0 0

4 ,0 0 0
1 000

7 .0 0 0
1 .0 0 0

7 1 .0 0 0
4 2 .0 0 0

1 3 7 ,0 0 0
9 0 .0 0 0

2 0 8 ,0 0 0
1 3 2 .0 0 0

The above totals for the week show that the movement from
the ports other than Bombay is 6,000 bales more than the s a m e
week last year. For the whole of India, therefore, the total
shipments since September 1, 1893, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
1 89 2 -9 3.

1893-4)4.

189 1 -9 2.

S hipm en ts
(o a ll E u r o p e
fr o m —

T h is
w eek.

S in ce
Sept. 1.

T his
w eek.

B om b a y............
i l lo t h e r p o r t s .

1 0,0 00
7 ,0 0 0

7 5 8 .0 0 0
2 0 8 .0 0 0

3 0 .0 0 0
1,000

7 7 4 .0 0 0
1 3 2 .0 0 0

13,0 00
3 ,0 0 0

8 2 8 ,0 0 0
157 ,00 0

T o t a l...........

1 7 ,0 0 0

9 6 6 .0 0 0

3 1 ,0 0 0

9 0 6 ,0 0 0

1 6 .0 0 0

9 8 5 ,0 0 0

T his
w eek.

S in ce
Sept. 1.

Since
Sept. 1.

S h i p m e n t s . —Through a r r a n g e ­
have made with Messrs. Davies, Benachi Co., o f
and Alexandria, we now receive a weekly c a b l e o f

A l e x a n d r ia

R e c e ip t s a n d

ments we
&
Liverpool
Ihe movements of cotton at Alexandria, Egypt. The following
ire the receipts and shipments for the past week and for the
!OrresDonding week of the previous two years.____________
A le x a n d r ia , E g y p t,
J u n e 13.
R e ce ip ts (ca n ta rs* )___
T h is w e e k ___
B ln o e 8 e p t. 1 .

1 89 3 -9 4.

1 89 2 -9 3.

3 .0 0 0
4 ,9 6 2 ,0 0 0

1000
5 ,1 3 0 ,0 0 0

1

5 ,0 0 0
4 ,6 5 4 ,0 0 0

T his
S in c e
w eek. Sept. 1.!

T h is 1 Since
w eek. \Sept. 1.

3 ,0 0 0 2 9 0 ,0 0 0
5 .0 0 0 2 9 7 .0 0 0
9 .0 0 0 2 7 6 .0 0 0 10.U00 3 05,000;

4 .0 0 0 321.000
5 ,0 0 0 ,2 4 9 000

S in ce
T h is
w eek. Sept. 1.
E xp orts (b a le s)—
T o L i v e r p o o l.............
T o C o n t in e n t ..............

1391-92.

T o t a l E u r o p e .......... 1 4 ,0 0 0 5 7 3 .0 0
* A oa n ta r is 98 pounds.

1 3 ,0 0 0 5 9 8 ,0 0 0

9 .0 0 0 570 000

This statement shows that the receipts for the week ending
June 13 were 3,000 cantars and the shipments to all Europe
14,000 bales.

June 16, 1894.]

HE CHRONICLE.

M a n c h ester Market.—Our report received by cable to-night
from Manchester states that the market is firm for both yarns
and sheetings. The demand for India is poor but for China
good. We give the prices for to-day below and leave those
for previous weeks of this and last year for comparison:
1393
Oott’n I
Oop
32# Cop. i 8M lbs.
8M tbs
Mid 32* Oop.
Mi
Twist.

a.

a.

Shirtings.

Tfplds

Tmst.

Shirtings

Opt

8. 't. 8 4
M y 11
4 10% *6 10 31516,7 ®7% 5 6 37 2
44,
•* I s
___ H olid a y ..I.........6Sj 87% 5 H«37 1
43,,<
“ 25 a
• e tj 4 1 0
an
a
i
; ..................... . Holiday..........
...
J*ne 1
110 a n 9 ; att. 6hj
5 3 <na7 0
43,,.
“ S 6’sj d»0i5lg 110%*6 9 ; 41,8 6% 37=8 5 4i9®7 1 j 4 3 9
" 15 n n »6i=,g'4io>«>t6 9 ; th . sva
5 6% » 7 4
4ifl
Sea Island Cotton Movement.— We have received this
(Friday evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (June 15) and since
Sept. 1,1893, the stocks tonight, and the same items for the
corresponding periods of 1393-93. are as follows.
1893-94.
1392-93.
Stock.
Receipts to June 15.
This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1894. 1893
3 54,162
8 35.403 1,441 2,636
Charleston....................
5,973
372
417
Florida, Ac................... ..... | 3,561
3,775 1,125 394
>1 59,9331
8 45,151 2,938 3,447
T otal.....---.....___
The exports for the week ending this evening reach a tot, ]
of 110 bales, of which 100 bales were to Great Britain, 10
to France and —- to Reval and the amount forwarded to
Northern mills has been id bales. Below are fch** exports fo
the week and since September 1 in 1893-94 and 1892-93.
Week Ending June 15. Since Sept. 1,1393. North'll Mills.
Exports
*rom—
Great France 1_ _ , Great France
Since
Total. Week Sept. 1
Brifn. 4c. \Total. BriCn
dc.
....... 1........ 22,932 2,326 25,258
Savannah.. .
28 17,812
.......;
1?
403
1,227
Otari’ t*fi,Ac
336
Florida, An.
125
125
3,131
New York..
~*M “ *10 3.451 2,084 5,535
5,28*
Boston ..... 'Too ....... 1 100 5,234
72
72
Baltimore ..
28 22,170
Total.......
100
loj n o 32,250 4,427 36,677
8. d .

«.

d.

4

d.

104 L

According to the above, the average weight of the deliveries
in Great Britain is 478 pounds per bale this season, agrin-t
494 pounds during the same time last season. The Jontinea. .-I
deliveries average 434 pounds against 473 pounii lass year,
and for the whole of Europe the deliveries averag - 470-1
pounds per bale against 480 pouads last season. Our
dispatch also gives the full movement for this year and last
year in bales of 400 pounds.

d.

Oct. 1 to Tune 1.
Sales o f 4 0 0 lbs. each,
0 0 0 s omitted.

1893-94.

Great Conti­
Britain. nent.

1892-93.

Total.

Great Conti­ Total.
Britain. nent.

Spinners* s to c k O e t l .
r a t in g s in O c to b e r .. .

68,
316,

258,
285,

326,
601,

114 ,
308,

337,
223,

451,
536 ,

Jonsump. O ct., 4 wks.

384,
320 ,

543,
364 ,

927,
684,

422 ,
320,

565.
352,

987,
67Z’

Spinners' s to c k N ov. 1
Takings In N ovem b er.

6 4,
326 ,

179,
388,

243,
714,

102,
352,

213 ,
411,

315,
763,

T o ta l s u p p ly ..........
Oonsump. N o v ., 4 whs.

390 ,
320,

567,
364,

957 ,
684,

454,
248 ,

624.
352,

1,078,
600 ,

S pinners’ s to c k D e c. 1
Takings in D e ce m b e r.

70,
403,

203 ,
545 ,

273,
948,

206,
323,

272,
514,

478,
837 ,

T o ta l su p p ly ..........
Oonsum p. D e c., 5 wks.

473 ,
400 ,

748,
455,

1.221,
855,

529,
329,

786,
440,

1,315,
769 ,

3p inners’ s to ck J an . 1
Takings In J a n u a ry ..

73,
394 ,

293,
488,

366,
882.

200,
240,

346,
416 ,

546,
656,

T o ta l s u p p ly .........
Oonsum p. Ja n ., 4 wks.

467 ,
320,

7S1,
364,

1,248,
684,

440,
220 ,

762,
352 ,

1,202,
572 ,

Spinners’ stock F eb. 1
T akings in F eb ru a ry .

147,
399,

417 ,
443,

564,
342,

220,
264,

410,
376,

630,
640 ,

T o ta l su p p ly .........
Oonsum p. F eb ., 4 wks.

546 ,
320 ,

860,
364 ,

1,406,
684,

484 ,
220,

786,
352,

1,270,
572 ,

Spinners’ s to c k Moh. 1
T akings In M a rch . . . . .

226 ,
387 ,

496 ,
454,

722,
841,

264,
299,

434 ,
419,

698 ,
718,

T otal s u p p ly .........
Gonstimp. M ar., 5 wks

613 ,
400,

950,
455,

1,563,
855,

563,
275,

853,
440.

1,416,
715,
701,

495,
708,
288,
413,
85 22,651 S pinners’ s to ck A p r. 1 213 ,
Tol. 1892-93
208 .......1 20- 19.104 1,86- 20.964)
616,
293,
459 ,
752,
232,
T a kin gs In A p r il.........
384,
A considerable portion of the Sea Island cotton shipped to
1,317,
506,
954, 1,460.
520,
T
otal
s
u
p
p
ly
..........
797,
foreign ports goes via New York, and some small amounts via
644 ,
364,
352.
684.
292,
Boston and Baltimore. Instead of including this cotton for Oonsum p. A p r., 4 wks. 3 2 0 ,
the week in which it leaves the Southern outports, we follow S pin ners’ stock M a y 1 186.
673
445 .
590,
776 ,
228,
the same plan as in our regular table of including it when T akings in M a y ........... 320 ,
835,
736
515,
297,
489,
actually exported from New York, SCO, The details of the
1
,6
1
1
,
525
,
1,459,
506
,
1,105,
934
,
T
otal
s
u
p
p
ly
..........
ahiproenta of Sea Island cotton for the week will be found
390,
440,
855,
830,
455,
Oonsum p. M ay, 5 wks 400 ,
under the head “ Shipping News,” on a subsequent page.
Quotations June 16 at Savannah, for Floridas, common, S pin ners' s to c k J a n e 1 106,
629,
756,
135.
4=94,
650.
13c.; medium fine, 15J^c.; choice, l l % e .
The
comparison
with
last
year
is
made
more
striking
by
Charleston, Carolinas, medium fine, 20 to 23c.; fine, 25 to
bringing together the above totals and adding the average
80c.; extra fine, 30 to 40c., all nominal.
J ute B utts. Bagging, & c.—The demand for jute bagging weekly consumption up to this time for the two years.
during the week under review has been fair, and prices have
been well maintained. The close to-night is at 5j£c, for 1%
L892-93.
1893-94.
Oct. 1 to J u n e 1.
lbs., 5 3 - 4 c. for 2 lbs. and 6 ‘4 c. for 2% lbs. in a jabbing way.
ales o f 4 0 0 lbs. each.
OontiGreat
Great
Conti­
Car-load lots of standard brands are quoted at S @ 5 % c. tor 1%
Total.
000# om itted.
Total. B ritain nent.
B rita in nent.
lbs , 6>i'-»5sgC. for 2 lbs. and 6 «6J^c. for
lbs., 1 . o. b. at
New York. Jute butts have been quiet at l s£c, for paper S pinners’ stock O ot. 1.
451 ,
114
337
326,
68,
258.
grades and 2i£e, for bagging quality.
2,315. 2,237. 5 ,5 5 2,
Takings tv J u n e 1 ___ 2 ,8 3 8, 3 ,5 7 7, 6,415.
N ew Y ork Cotton Exchange.—The following committees S u p p ly ............................ 2,906, 3 ,8 3 5, 6 ,7 4 1, 2,429, 3 ,5 7 4 6 ,0 0 3,
of the New York Cotton Exchange were confirmed on Monday Oonsum pt’ n 35 weeks. 2,800, 3,185. 5,935 2 ,2 9 4, 3,080. 5 ,3 7 4 ,
by the Board of Managers :
629 ,
135.
494
756 .
106,
650,
Spinners’ scot k J ’n e 1
BxKctrTTva Cowmitter—Gnatavus C. Hopkins. Meyer H, Lehman,
Over i f Brenneeke. R o b e r t H. Bonntree and Robert P. MeDougalh
W eekly C onsum ption,
rtNMK'k- W illia m .1. Hoehstaetter, Theodore P. Rail!, 8. J. Harding,
00* om itted.
Waiter T. Miller, ex offlclo.
__
„ , .
_
168,0
80,0
88,0
171,0
80,0
91,0
t o O o to b e r.................
8cTK&Tii«)Rr -Oeorge A. Chapman. Meyer H. Lehman, Henry
1 50 ,0
88,0
62,0
171,0
9 1,0
£a N o v e m b e r............ 8 0,0
**Br-Laws—I*»ac FWwdlgh, Henry Schaefer, John L. Bullard, R. Sled1 54 ,0
6 6,0
88,0
171,0
80,0
9 1,0
t o D e c e m b e r ...........
e n b a r v . • x -o f f lo lo . a n d T . M . R o b in s o n .
143,0
88,0
5 5,0
171,0
9 1,0
80,0
t o J a n u a r y ...............
Lmt^LATtom—B. BUdmtmrg, Walter Ray and George A. Chapman.
1 43 ,0
55,0
8 8,0
171,0
91,0
80,0
to F e b r u a r y .............
The Committee on the revision of spot quotations held a
1 4 3 ,0
88,0
55,0
L71,0
80,0
9 1,0
to M a r c h ...................
meeting W-dn-May at which it was decided that no change
1 6 1 ,0
73,0
8 8,0
171,0
91,0
80,0
In A p r i l.....................
be made in the present system.
1 6 6 ,0
8 8,0
7 8,0
17L.0
91,0
80,0
In M a y ........................
European Cotton Consumption to J une 1.—We hare
The foregoing shows that the weekly consumption in
received to-day by cable Mr. Ellison’s cotton figures brought Europe is 171,000 bales of 400 pounds each, against 166,000
down to June 1. The revised totals for last year have also
1bales of like weights at the corresponding time last year.
been received and we give them for comparison. Spinners’
The total soioners’ stocks in Gro t Britain and on the Continent
takings in actu a l bales and pounds have bean as follows:
1have decreased 20,000 bales daring the month and are now

1127,000 bales more than at the s.ime date last year,
A gricultural Department’ s R eport on A creage.—The
F o r 1 8 9 3 -0 4 .
5,459,000 Agricultural Department at Washington issued on the 10th
3,084,000
2,375,000
Tmkiuda fty splDneni-.-tHkhs*
*70-1 nst. its report on cotton condition and acreage. The follow­
464
478
A s m sus* w eighs o f hales.lh**
1,135,2.0,000 1,430,976,000 2,506,226,000 ing is what it says on the subject of acreage :
T a k in gs to pound#.........
October l to J u n e 1.

F o r 1 8 9 * 2 -9 3 .

Taking* fry s p in n e rs .. . bale**
A vera g e w eig h t o f bales.lbs.
T aking* In pound#...........

itreat Britain.

Continent.

Toiat.

j

1

4,626,000
2,752.000
1,874,000
480
470
494
926.185.000 1,29 *,773,000 2,220,958,000

T h e retu rn s s h o w a s lig h t gen eral in orea se p f area p la n te d as co m p a re d with, la st yea r, an e en tire ly to th e in orease m th e States o t
T e x a s, M ississip p i and Arkansas. The a v e ra g e p e rce n ta g e is 100-6.
T he State p ercen ta g es o f a crea ge as co m p a re d w ith the a cre a g e o f last
yea rs a re as f o l l o w s : V irgin ia , 9 7 ; N orth C arolina, 9 6 ; S outh C arolin a,

THE CHRONICLE.

1042

■99; G e o r g i a , 9 5 ; F l o r id a , 9 7 ; A l a b a m a . 9 9 ; M is s i s s ip p i, 1 0 2 ; L o u is i ­
a n a , 9 8 ; T e x a s . 1 0 7 ; A r k a n s a s , 1 0 7 ; T e n n e s s e e . 9 0 ; O k la h o m a a n d
I n d ia n T e r r ito r ie s ,
1 2 0 . I t w il l b e o b s e r v e d t h a t c o n d i t io n h a s
i n c r e a s e d n e a r ly 3 p o i n t s o v e r t h a t o f l a s t y e a r , a n d t h a t t h e a c r e a g e
h a s n o t m a t e r ia lly c h a n g e d .

The following is the report of the Department on condition:
T h e r e t u r n s o f t h e c o r r e s p o n d e n t s o f t h e S t a t i s t i c a l D iv i s io n o f t h e
D e p a r tm e n t o f A g r ic u ltu r e o n J u n e 1 s h o w th a t o v e r th e g r e a te r p a r t
o f t h e c o t t o n b e l t t h e w e a t h e r c o n d i t io n s o f t h e p l a n t i n g s e a s o n h a v e
b e e n o n l y m o d e r a t e ly f a v o r a b l e t o s e e d in g , g e r m in a t io n a n d g r o w t h .
T h e c o l d s n a p o f th e l a t t e r p a r t o f M a y w it h c o n t in u o u s c o o ln e s s s in c e
h a s d is c o u r a g e d th e g r o w th o f th e p la n t in th e S ta te s o f G e o rg ia ,
A la b a m a , t h e C a r o lin a e , M is s is s ip p i. L o u is ia n a a n d T e n n e s s e e .
I n a d d it io n t o c o l d w e a t h e r , d r o u t h in s o m e s e c t i o n s h a s b e e n a
r e t a r d in g in flu e n c e o n b o t h g e r m in a t io n a n d d e v e l o p m e n t . P l a n t i n g
h a s b e e n d e l a y e d t o a c o n s i d e r a b l e e x t e n t in s o m e s e c t io n s , a n d o w i n g
t o d r y n e s s a n d c o l d , p r e s e n t i n g g e r m in a t io n i n o t h e r s , r e p l a n t in g h a s
b e c o m e n e c e s s a r y . B orne a b a n d o n m e n t o f t h e c r o p a n d s u b s t it u t io n
o f o t h e r c r o p s is n o t e d in n o t a f e w l o c a li t ie s .
T h e b e s t c o n d i t io n s a r e r e p o r t e d in t h e S t a t e s o f T e x a s , A r k a n s a s ,
L o u is i a n a a n d M is s is s ip p i, r a n g i n g f r o m 9 1 t o 9 7 , w h il e t h e l o w e s t
c o n d i t io n s a r e r e p o r t e d iu T e n n e s s e e a n d G e o r g i a , b e i n g 7 8 a n d 7 6
r e s p e c t iv e ly
, „ .
_
. .
A s w il l b e n o t i c e d t h e r e h a s b e e n a g e n e r a l d e f ic i e n c y o f r a i n fa ll
i n t h e g r e a t e r p a r t o f t h e c o t t o n b e l t d u r i n g M a y , a n d t h a t r a in w a s
n e e d e d in O k la h o m a , A r k a n s a s , a n d p o r t io n s o f G e o r g i a , A la b a m a ,
T e n n e s s e e , L o u is ia n a , M is s is s ip p i a n d T e x a s . T h e n o r t h e a s t e r n p a r t
o f t h e b e l t s e e m s t o h a v e h a d a s u ffic ie n t p r e c ip it a t i o n .
T h e a v e r a g e c o n d i t io n o f t h e c r o p i n t h e c o n s o l i d a t i o n o f r e p o r t s is
8 8 '3 , a s c o m p a r e d w it h 8 V 6 la s t y e a r a n d 85*9 in 1 8 9 2 . T h e S t a t e
a v e r a g e s a r e a s f o l l o w s : V i r g i n ia , 9 7 ; N o r t h C a r o lin a , 8 4 ; 8 o u t h C a r ­
o l in a , 8 3 ; G e o r g i a , 7 6 ; F lo r id a , 9 2 ; A la b a m a , 8 8 ; M is s is s ip p i, 9 L ;
L o u is i a n a , 9 5 ; T e x a s , 9 4 ; A r k a n s a s , 9 7 ; T e n n e s s e e , 7 8 ; O k la h o m a
a n d I n d ia n T e r r ito r ie s , 1 0 0 .

The above statement of condition, compared with the
reports for previous years, is as follows:
AGRICULTURAL DEPARTMENT’ S JUNE CONDITION REPORTS.
June
C o n d itio n . 1884. 1893. 1892. 1891. 189 0. 1889. 1888. 1887. 1886. 188 5.

84
83

83
88

76
92

89
91
91
82

T en n essee.

88
91
95
94
97
78

87
98
82
86
87
82
89
92

81
75
90

A v era ge.

88*3

85 6

85*9

M is s is s ip p i
L o u is ia n a .
T e x a s .........
A r k a n s a s ..

S h ip p in g N

e w s.—

88
91
87

95
80
80
90
89
88
88
91
89
73
CD
U'

N o. C a r—
B o. C a r ___
G e o r g ia ...
F l o r i d a ___
A l a b a m a ..

98
97
94
92
93
85
84
84

84
78
80
88
83
85
90

86
88
92

99
98
99

94
92

98
99
99
97
91

85
96

98
97

83
99

969

8 8 -7

85
87

95
92
79

90
88
80
94
92

8 8 -8

86 4

8 8 -2

T h e e x p o rts o f co tto n

fro m

97
83

93
96
95
93
92
92

83
97
87
88

T o t a l .__

1,168
3,973
11
3 ,9 3 1
497
600
648
650
500
1,201
3 ,9 6 0
5 .1 0 9
4 00
1,675
700
4 .8 7 5
1,600
1,642
1 ,5 9 5
1 ,0 5 7
9 39
3 ,0 6 7
550

G o tte n Ant- b u r g <t S o u t h
u je r p . N a r v a . E u r o p e .

T o t a f.

1,168 3 ,9 7 3
11 4 ,4 2 8
600
6 4 3 2 ,3 5 1
3 .9 6 0 ......... 5 ,1 0 9
4 0 0 2 ,3 7 5 44,8
,87755 33,2,24422
1 .595 ...............................................
1 ,057 ...................................................................................
9 3 9 ....................... 3 ,0 6 7
550
.............

1 3 .1 7 9

8 ,7 1 9 3 ,9 7 3

4 0 .3 4 8

5 ,1 2 0

7 ,8 9 5

3 .5 2 5

5 ,5 2 3 5 .5 9 3

19.961
1 .595
1 .057
4 ,5 5 6

Below we add theclearances this weekof vessels carrying
cotton from United States ports, bringing our data down . <
the latest dates:
Mo b il e —T o L iv e r p o o l—J u n e 1 4 —Steam er N ica ra g u a n , 3 ,2 6 6 .
Ba v a n n a h —T o B a rcelon a a n d G e n o a -J u n e 14 S tea m er P o w h a ta n ,
6 ,1 5 2.
P ort R o y a l —To L iv e r p o o l-J u n e 8—S team er B ritish K in g , 9 8 9 .
N o r f o l k —To L iv e r p o o l—J u n e 1 1 —S te a m s J am a ica n , 241.
N e w p o r t N e w s —T o L iv e r p o o l—J u n e 1 2 —S team er C h iok a h om in y,
2 ,2 8 4.
B o sto n —To L i v e r p o o l-J u n e 8 Steam er R o m a n , 2 36 u p la n d an d 100
S ea Isla n d ..J u n e 12—S team ers A n g lo m a n ,2 0 0 ; L a n ca stria n , 60.
B a l t i m o r e —To L iv e r p o o l—J u n e 6 —-stea m er R ossm ore. 543.
T o R otterd a m
O h io , 2 0 0 .

....

....

....

384
....
21^221

June 1

J u n e 15.

June 8

S p o t.

M onday.

S a tu r d a y

M a r k e t , } In b u y e r s ’
favrT .
1 :4 5 p . m . $

E asier.

W ed n ts.

T u esd a y.

T h u r td ’y .

oderate
H a rd e n ’?. M
dem and . H a rd e n ’g.
4 i 18

4 iie

1 0 ,0 0 0
1 ,0 0 0

4*16

8 ,0 0 0
500

8 ,0 0 0
500

Easy at
2-04 deolln e

S teady at
1-04 @ 2 -0 4
a d v a n ce .

Q uiet at
partially
1-04 d ec.

Q uiet bu t
steady.

S teady .

Steady.

F r id a * ,

Firm .
4 l 16

4*18
1 0 ,0 0 0
1 ,0 0 0

F u tu res.

u iet at
M a rk e t, \ Q
partially
1 :4 5 p. M. J i-0 4 d ec.

7 ,0 0 0
500

M a rk et, \
4 F. M. J

J a n e 1 - S t e a m e r U r b in o , 4 0 0 . . . . J u n e 8 —S t e a m e r

P h i l a d e l p h i a - T o L iv e r p o o l-J u n e 1 -S tea m er B ritish P rin cess, 5 0 0
...J u n e 12 S team er O h io, 4 9 .
T o A n t w e r p —Ju n e 1 2 —S team er P en n sy lv a n ia , 330 .

Ootton freights the past week have been as follows:

S teady.

Steady ai 8 te a d y a t
partially partially
1-64 d ec. 1-64 adv.
Q uiet and
ste a d y .

S te a d y .

The opening, highest, lowest and closing prices of futures
at Liverpool for each day are given below. Prices are on
t h e basis of Uplands, Low Middling clause, unless otherw so
stated:
f y " The p r ice s a r e g iv e n in p en ce a n d
3 6 3 -6 4 d . a n d 4 0 1 m e a n s 4 l-6 4 d .

Thun

H o n ., J u n e 1 1 .

•
‘Sax.* J u n e 9 .

J u n e ............
J u n e -J u ly ..
J u ly -A u g ...
A u g .-S e p t..
S e p t .-O c t ...
O ct.-N o v ....
N o v .-D e e ...
D e c.-J a n ....
Jan .-F eb..
F eb .-M ch ..

8 4 .t n s

Open H igh L o w . 0109. Open H ig h L o w . Oko*,

Open R iV h Late

Ol03.

d.

d.

d.

d.

d.

3 02
3 62
3 02
3 03
4 00
4 00
4 01
4 02
4 03
4 05

3 62
3 62
3 03
4 00
4 00
4 01
4 02
4 03
404
4 05

3 62
3 02
3 02
3 63
4 00
4 00
4 01
4 02
4 03
4 05

3 02
3 62
3 63
4 00
4 00
4 01
4 02
4 03
4 04
4 05

3 60
3 60
3 61
3 62
3 62
3 63
3 63
4 00
4 01
4 03

W e d ., J u n e 1 3 .

d.

4.

d.

301 3 60 3 60
3 01 3 60 3 60
3 01 3 00 3 61
3 02 3 61 3 62
3 03 3 02 3 62
3 03 3 62 3 03
4 00 3 03 8 63
4 01 4 00 4 0 0
4 02 4 00 4 00
4 03 4 02 4 02

J u n e ............
J u n e -J u ly ..
J u ly -A u g ...
A u g.-Sept .
S e p t.-O e t...
O c t.-N o r ....
N o v .-D e e ...
D ec.-Jan—
J a n .-F e b ....
F e b .-M ch ..

3

d.
3 03
3 63

3 63
400
4 00
4 01
4 01
4 02
4 03
4 05

d.

d.

d.

d.

d.

d.

d.

d.

4 00
4 00
4 00
4 01
4 01
4 01
4 03
4 04
4 05
4 06

3 01
3 01
3 02
3 03
3 03
3 03
4 00
4 01
4 02
403

4 00
4 00
4 00
4 01
4 01
4 01
4 03
404
4 05
4 06

3 63
3 63
4 00
4 01
4 01
4 02
4 03
4 04
4 05

400
4 00
4 00
4 01
4 02
4 03
4 01
4 05
4 06
4 07

3 62
3 62
3 63
4 00
4 01
4 01
4 02
4 03
4 04
4 00

3 03
3 63
3 03
4 00
4 01
4 02
4 03
4 01
4 05
4 08

3 02
% 62
3 03
3 03
4 00
101
4 02
4 03
4 04
4 05

R

E

\

D

4 07

S

T

U

P

P

d.

d.

d.

4 00
4 00
4 00
4 01
4 01
4 01
4 02
4 03
104
4 05

3 63
3 03
3 63
4 00
4 00
4 01
4 01
4 02
4 03
4 05

4 00
4 00
400
4 01
4 01
4 01
4 02
4 03
404
4

F r i .. J u n e 1 5

T h u r a ., J u n e 1 4 .

Open H ig h L o w . O lot. Open H ig h L o w . O lot.
*.
3 01
3 61
3 62
S 03
3 63
3 63
4 00
4 01
4 02
4 03

3 63 m e a n s

T n e s ., J u n e 1 2 .

Ii

N ew Y o r k .
N . O rleans.
N ’ p ’ t N ew s
B o sto n -----B altim ore..

bu rg,

....

The tone of the Liverpool market for spots and futures each
of the week ending June 15, and the daily closing prices
of spot cotton, have been as follows:

92

W ith reg a rd to N e w Y o r k w e

<&Earn-

Fn.

584

la y

Total..............
40,348
The particulars of these shipments, arranged in our us' 1
form, are as follows:
H avre,

Th u r t .

3S*

M a y 25.

4*16

T o t a l b a le s .

H u ll.

W ed n ts.

S«4

t h e U n ite d

N e w Y o r k —T o L iv e r p o o l, p er stea m er R u n ic, 1 ,1 6 3 ...................
T o H u ll, p e r stea m er G a lileo. 3 ,9 7 3 ...........................................
T o H a v re , p e r stea m er L a C h am p agn e, 1 u p la n d an d 10 Sea
Isla n d .......................................................................................................
T o B rem en , p e r stea m ers E lb e, 4 0 0 ___ W illehad , 3 ,5 3 1 .........
T o H a m b u rg , p er stea m er T a orm in a , 4 9 7 .................................
T o A n tw e rp , p e r stea m ers N oord la n d , 5 0 0 ___ O th ello, 1 0 0 .
T o G otten b u rg , per stea m er S la v o n ic, 6 4 8 ............... .................
T o G en oa, p e r stea m er E n d e a v o r, 6 5 0 .........................................
T o O p orto, per steam er O ev en u m , 5 0 0 .........................................
T o N aples, p e r stea m er N eck a r, 1 ,2 0 1 ...........................................
N e w O r l e a n s —T o L iv e r p o o l, p e r stea m er Y u ca ta n , 8 ,9 6 0 ........
T o H a vre, p er steam er C anarias, 5 ,1 0 9 .........................................
T o H a m b u rg, p e r stea m er G rasb rook , 400 . ................................
T o A n tw erp , p e r steam er C ayo R om a n o, 1 ,6 7 5 ........... . . . . .
T o St. P e te rs b u rg , p e r stea m er C a y o R om a n o, 7 0 0 ...............
T o N a rva , p e r stea m er Y o x fo r d , 4 .8 7 5 ............................ .........
T o B arcelon a , p e r steam er T u d or P rin c e , 1 ,6 0 0 .......................
T o G en oa, p er stea m er T u d o r P rin c e , 1 ,6 4 2 ................................
N e w p o r t N e w s —T o L iv e r p o o l, p er stea m er K a n a w h a , 1 ,5 9 5 ..
B o sto n —T o L iv e r p o o l, per steam ers C ata lon ia, 8 9 8
K ansas,
152 -. P a lestin e, 7 ...................................................
B a l t im o r e —T o L iv e r p o o l, p er stea m er S ed g em ore, 9 3 9 ............
T o B rem en , p e r steam er G era, 3 ,0 6 7 ..............................................
T o A‘ n t w e r p , p e r t e a m e r R i a l t o , 5 5 0

p o o l.

T u ts .

»64

S ales o f t h e w e e k ............. b a l e s .
4 4 .0 0 0
5 2 .0 0 0
8 1 ,0 0 0
6 4 .0 0 0
5 ,1 0 0
2 ,3 0 0
O f w h ic h e x p o r t e r s t o o k . . .
2 ,5 0 0
1 .9 0 0
400
O f w h io h s p e c u l a t o r s t o o k . .
400
1 ,3 0 0
2 .9 0 0
4 3 .0 0 0
3 7 .0 0 0
B ales A m e r i c a n ................................
6 7 .0 0 0
5 0 .0 0 0
9 ,0 0 0
1 4 .0 0 0
9 ,0 0 0
A c t u a l e x p o r t ...................................
2 2 .0 0 0
5 9 .0 0 0
F o r w a r d e d .......... ...............................
6 0 ,0 0 0
6 2 .0 0 0
7 4 .0 0 0
T o t a l s t o c k —E s t im a t e d ............... 1 .6 4 0 .0 0 0 1 ,6 1 0 ,0 0 0 1 .5 5 2 .0 0 0 1 .5 0 8 .0 0 0
O f w h ic h A m e r ic a n —E s t im ’ d 1 .3 9 1 .0 0 0 1 ,3 6 3 ,0 0 0 1 .3 1 3 .0 0 0 1 .2 7 4 .0 0 0
2 4 .0 0 0
3 0 .0 0 0
T o t a l i m p o r t o f t h e w e e k ...........
5 5 .0 0 0
4 1 .0 0 0
1 9 .0 0 0
1 3 .0 0 0
3 8 .0 0 0
3 1 .0 0 0
O f w h io h A m e r i c a n .................
3 8 .0 0 0
5 2 ,4 0 0
4 6 .0 0 0
4 6 .0 0 0
A m o u n t a f lo a t ................................
3 0 .0 0 0
2 5 .0 0 0
4 0 .0 0 0
3 0 .0 0 0
O f w h io h A m e r i o a n ...................

7 ,0 0 0
500

I n c l u d e t h e m a n i f e s t s o f a l l v e s s e ls c l e a r e d u p t o T h u r s d a y .

L ivei -

M on.

S6*

L i v e r p o o l .— B y c a b l e f r o m L i v e r p o o l w e h a v e t h e f o l l o w i n g
s t a t e m e n t o f the w e e k ’ s s a l e s , s t o c k s , & c „ a t t h a t p o r t :

S a l e e .............
B p eo. & e x p .

a r e t h e s a m e e x p o r t s r e p o r t e d b y t e l e g r a p h a n d p u b l i s h e d in

B rem en

LVII1,

H avre, ste a m . . . d . 2 0 3 2 2 1 2 1 9 2 2 1 2 l 3 2 2 t 2 I ^ 2 2 t 2 1 ® 2 2 t
....
....
....
....
Do
l a t e r ........ d .
....
....
25 f
251
B rem en, s t e a m ..d.
251
251
251
25t
....
....
Do
la t e r . . . d .
....
....
....
....
H am burg, stea m d .
*8
j<i
....
Do
l a t e r ..d .
....
....
....
....
....
A m g’ d a m , e t e a m .e . 2 0 ® 2 5 t 2 0 9 2 5 1 2 0 9 2 5 1 2 0 9 2 5 1 2 0 3 2 5 1 2 0 9 2 5 1
....
Do
l a t e r , .c.
....
....
....
....
R e v a l. v i a H u l l . d .
U 8i
*>64
“ 84
l l 64
“ 64
»8 4
Do
v . H a m b .d .
3ie
810
316
318
318
310
8 ’ lo n a , d i r e c t . . .d .
310
318
318
3I0
3ie
G enoa, s t e a m ...d .
®64
®6*
®44
964
®64
8at
r r ie e t e , v .G e n o a .d .
3I0
S18
13S*
Slfl
310
3ie
A n t w e r p , e t e a m . d.
3SO
6« 4 ® 3** 3 4 ® 3.13 56 « ® 332 B0 4 ® 3S2 B8 * ® 38S
t C e n ts n e t p e r 1 0 0 lb s .

M ld .U p r d e .

S o f a r a s t h e S o u t h e r n p o r t s a r e c o n c e r n e 1, t h e s e

t h e C h r o n ic l e la s t F r id a y .

ol.

S a tu r.

L i v e r p o o l , s t e a m .d
Do
___ - d .

95
90
91
85

S ta te s t h e p a s t w e e k , a s p e r l a t e s t m a i l r e t u r n s , h a v e r e a c h e d
4.0,348 b a le s .

V

H ig h L o w . c u » .
d.

d.

3 62 3 01
3 02 3 61
3 03 3 02
4 00 8 62
4 01 * 0 0
4 01 * 01
4 02 4 01
4 03 4 02
4 Oi 4 03
4 06 4 05

d.

30
3 62
303
400
*00
*01
4 02
4 03
4 04
4 06

S

June 15, 1894.
Early in the week there was a fairly active trade in the
market for wheat flour. Both the home trade and shippers
were buying and prices were advanced 5 3 1 0 c. per barrel, but
later, owing to the reaction in the wheat market, buyers with­
drew, and prices dropped back to their former basis. Rye flour
has been in fair request at full values. Corn meal has been
moderately active and prices have been quite firm, owing to
the recent improvement in corn. To-day the market for
wheat flour was dull and easy.
F r id a y .

J uke 16, 1894.]

THE CHHON1CLE.

I mined sat ly after our last issue the market declined under
a much more favorable report by the Government’s Agri­
cultural Bureau as to the condition of the growing crop than
was generally expected, but later continued reports of un­
favorable weather both abroad and at the West and stronger
foreign advices caused an advance. Subsequently advices
from the West and also from Europe reported more favorable
weather conditions for the crop, and this, with a weaker drift
to the foreign markets, prompted selling by longs to realize
profits, under which prices declined rather sharply. In the
spot market shippers have shown very little disposition to
trade and the inquiry from local millers has also been slow.
Yesterday the sales included No. 3 hard Kansas at lc. under
July f, o, b. afloat. To-day the market was weaker during
early ’Change under moderate selling, prompted by better
■weather at the West, but later rallied on reports of an in­
creased export demand and steadier foreign advices. To-day
the spot market was fairly active for export. The sales in­
cluded No. 3 red winter at H e . over July f. o. b. afloat, No. 1
hard Kansas at lc. under July f. o. b. afloat and No. 1 hard
Manitoba on p. t.
D AILY CLOSING PRICES OF NO, 2 RED W INTER WHEAT.
J a n e d e l i v e r y . ...........

July delivery---. -

A u g u s t d e l i v e r y . ___

S e p t e m b e r d e liv e r y .
D e c e m b e r d e l iv e r y .

0.
c.

S a t.

M on.

T u es.

W ed .

61
61%
63
64%
67%

T h u rs.

F ri

61%
62
63*3
64%
67%

62%
63%
___
65%
69%

61%
62%
63%
64%
63

60%
6138
62%
63%
67%

60^8
61*8
6 2 1*
633S
66*

T h u rs.

F ri

45%
46%
46^

45%
15%
46%
46%

1043

w in t e r w h e a t f o r t h e w h o l e c o u n t r y is 9 5 -2 , m a k in g a t o t a l a r e a In
r o u n d n u m b e r s o f 3 3 ,0 0 0 ,0 0 0 a c r e s .
T h e c o n d i t io n o f w i n t e r w h e a t h a s i m p r o v e d s in c e l a s t r e p o r t , a l it t l e
le s s t h a n t w o p o in t s , b e in g 8 3 -2 p e r c e n t a g a in s t 8 1 ‘4 o n M a y 1 s t.
T h e p e r c e n t a g e s o f t h e p r i n c ip a l S ta te s a r e a s f o l l o w s : O h io , 9 6 ;
M ic h ig a n , 8 9 ; I n d ia n a , 9 3 ; I llin o is , 8 1 ; M is s o u r i, 8 2 ; K a n s a s 5 7 ;
C a lif o r n ia , 60 .
T h e c o n d i t io n o f s p r in g w h e a t p r e s e n t s a n a v e r a g e f o r t h e e n t i r e
c o u n t r y o f 3 8 p e r c e n t , a n d f o r t h e p r i n c ip a l s p r in g -w h e a t S t a t e s as
f o l l o w s : W is c o n s in , 9 6 ; M in n e s o t a , 9 9 ; I o w a , 9 0 ; N e b r a s k a , 4 1 ; S o u t h
D a k o ta , 7 9 ; N o r t h D a k o t a , 9 7 ; W a s h in g t o n , 8 9 ; O r e g o n , 96 ,
T h e p r e l im i n a r y l e p o r t o l a o e s t h e a o r e a g e o f o a t s a t n e a r l y o n e
p o i n t le s s t h a n l a s t y e a r . T h e g e n e r a l a v e r a g e f o r th e w h o le c o u n t r y
is 9 9 -1 . T h e r e t u r n s s h o w th e c o n d i t io n t o b e 8 7 ‘ 0 a g a in s t 8 8 '9 l a s t
Jun e.
T h e p r e l im i n a r y r e t u r n s o f a c r e a g e m a k e t h e b r e a d t h d e v o t e d t o
b a r l e y 9 8 -5 p e r o e n t o f t h a t o f la s t y e a r .
T h e a v e r a g e c o n d i t io n J u n e
1 s t w a s 8 2 -2 , a g a in s t 8 8 -3 o u t h e s a m e d a t e l a s t y e a r a n d 9 2 1 i n 1 8 9 2 .
T h e a o r e a g e i n r y e is 9 5 -3 p e r c e n t o f t h a t o f la s t y e a r .
A v era g e
c o n d i t io n , J u n e 1 s t, 9 3 2.
A v e r y d e o id e d d e c r e a s e i n t h e a o r e a g e o f r io e is s h o w n b y J u n e
r e t u r n s . T h e b r e a d t h s e e d e d in 1 8 9 4 is b u t 7 6 - 4 p e r c e n t o f la s t y e a r ’ s
a o r e a g e . T h e a v e r a g e c o n d i t i o n is 9 7 -1 .
T h e p e a c h c r o p , c o m m e r c i a l ly c o n s id e r e d , is p r a c t i c a l l y a fa iln r e .
T h e c o n d i t io n o f a p p le s is r a t h e r b e t t e r t h a n t h a t o f p e a c h e s . C o n ­
d it io n s a r e h i g h i n n o r t h e r n d is t r ic t s b u t r e la t e p r i n c ip a ll y t o b l o o m .
N o f r u it is e x p e c t e d m t h e P ie d m o n t a n d O h io V a ll e y d i s t r i c t s , a n d
h u t l it t l e in t h e M is s o u r i b e lt . P r o s p e o t s a r e b r i g h t e r i n t h e M o u n t a in
a n d P a c i f i c S ta te s ,
T h e a r e a o f c l o v e r d e c r e a s e d 3-8 p e r o e n t b e l o w t h a t o f l a s t y e a r .
C o n d it io n r e p o r t e d a t 8 7 -8 .
T h e g e n e r a l a v e r a g e o f s p r i n g p a s t u r e is 9 2 a g a in s t 9 2 - 7 la s t m o n t h .

N e w Y o r k P r o d u c e E x c h a n g e C o m m i t t e e s . — The follow­
The market for Indian corn futures was weaker during the ing appointments have been confirmed by the Board of
first of the week under realizing sales by the longs, prompted Managers of the Produce Exchange ;
by the Agricultural Bureau reporting the growing crop in a
A r b i t r a t i o n —E v a n T h o m a s , F r a n k A . F e r r i s , F r a n k li n Q n irn b y
better condition than it was generally supposed to be, but P a u l G o t t h e i l a n d E . 9 . W h itm a n .
G r a i n S a m u e l T a y lo r , J r ., J o h n M a r s h a ll, J o h n P . T r n e s d e ll, J o h n
later unfavorable weather conditions for the crop stimulated V a li e n t a n d C. B , H a n c o c k .
a demand from “ shorts” to cover and the leas was fully recov­
P e t r o l e u m — J . L o m b a r d , C. M . P r a t t , W r ig h t B a b o o o k , N . O . S la b b
ered. There has been a moderate Inquiry in the spot market a n d A , G o e p e l.
C
. M . P e r c i r a l , W . J . F a r r e ll, R io h a r d W a r e , F . W . L e g g e t t
from shippers and prices have advanced. The sales yesterday a n dh ab e. sWe e—J
bb.
included No. 2 mixed at 485§46V£c. in elevator, 46^c. deliv­
H a t a n d St r a w —M . L. B i c k e r s o n , D . F . W e lls , 8 . W . B o n n e r ,
ered and 47}gC, f. o. b. afloat. To-day the market was easier S . I n g e r s o ll, a n d H e n r y D a s e n b n r y .
F l o o r —R . O . S h e r w o o d , H . M . B o g e r t , C. H . W a r n e r , A . B . B r a n a ll y
under realizing sales, prompted by more favorable weather at
. H aber.
tee West. The spot market was quiet and weaker. The a nMdaFr ri te di m. eT—
A . D . S n o w , J . C. S e a g e r , A . G o e p e l, a n d V i n o e n t
sales included No. 2 mixed at 45^®45Jgc. in elevator, 45Vi§ L o e s e r .
B i l l s o f L a d i n g — D a v i d B in g h a m . P e r o y C h u b b a n d J a m e s B a r b e r .
46c. delivered and 4 7 c. f. o. b. afloat for delivery early in July.
B i t t e r —L. I. S e a m a n , G e o r g e W . M a r t in , C. H . T a n n e r , W . N .
M a r t in a n d H a lB e y F it o h .
S e e d s — 8 D . C r o s b y , F . 0 . K ir o h o f i, C. A . C la u s e n , J . H . M o s e s
and W . Jacob.
P r o v i s i o n s —B . G . C o le s , F . A . E. C o t t , S a m u e l L . F i n l a y , E d w a r d
B ead an d B . B. B ou n d ey .
N a v a l STORES— W . L. S o r e y , R . W . P a t e r s o n , H . J . H a y n e a n d J o h n
E . C a m erden .
S t e a m s h i p a f f a i r r —H a r o ld S a n d e r s o n , J a m e s E , J e n k in s , H e n r y
A . S lm o a d s , J . C. N o y e s a n d A . C. F e t t e r o ip li.
C l e a r i n g s —-'Th o m a s A . M c I n t y r e , C b » 8 . F . B u x t o n a n d E P r i c h a r d .
L a u d — F. W . C o m tn is k e y , G e o r g e L. S t e b b in s , A . C la u d iu s , B . M ,
K n a p p and J . B . M cM ah on .
H u f s - W . H . A k in , J . L ie b m a n n , J . B . H a s s la e h e r , S. U lilm a n n ,
P , D o e lg e r , J r .
D i s t i l l e d S p i r i t s —F . O. B o y d , A . L a t t m a n , E. H o w e , P . F . K e a n y
and J. S om born .
K a u . w a r A f f a i r s —Ch a r le s M . V a il, E d w i n F o l e y , J . H . H e r r i c k ,
T h o m a s C. P o l l o c k a n d W . A . P e n fle ld .
D e l i v e r i e s — D a v i d B in g h a m , F r a n k lin Q n ir n b y a n d B . H . L a m b e r t .

D AH .T CLOfllXO PRICKS OF SO. 2 MIXED COBS.
J a n e delivery_______
J u l y d e l i v e r y ..................
Aagmvt d e l i v e r / ___
%<hp*imXithi

dellVary..

S a t.

*^<5

M an.

44%
4.1

4 1%
45%
48%

45%
46 %

46%

T u es.

W ed.

45%

45%

46%

45T*

47

46%

47%

46%

47

O a ts fo r fu t u r e d e liv e r y h a v e c o n t in u e d to a ttr a c t a fair
a m o u n t o f a tt e n t io n a n d e a r ly in th e w e e k p rice s h ad a
w e a k e r tu r n , d u e to a m o r e fa v o r a b le re p o r t b y th e G o v e r n ­

ment as to the condition of the g r o w i n g

crop

than expected, but

su b s e q u e n tly fu r th e r ta lk o f c r o p d a m a g e b y c o n tin u e d u n fa v ­
o r a b le w e a th e r s ta rte d p r ic e s u p a g a in a n d th e loss w a s m ore
th a n r e c o v e r e d . In th e sp o t m a r k e t bu sin ess has been fa ir ly
b risk a n d p r ic e s h a v e a d v a n c e d . Y e s t e r d a y th e sales in ­
c lu d e d N o . 2 w h ite a t
'<45Ue. in e le v a t o r a n d N o. 2 m ix e d
at 48c. in e le v a t o r . T o -d a y th e m a r k e t w a s ir r e g u la r ; th e
n e a r -b y d e liv e r ie s w e r e fir m e r , b u t th e d is ta n t m o n th s w ere
w e a k e r w ith th e W e s t, w h e r e r e c e iv e r s w e r e re p o rte d to be
s e llin g . T h e s p o t m a r k e t w a s m o d e r a te ly a c t iv e a n d firm er.

The movement of breadstuffs to market is indicated uu t- e
statement below is prepared by us from the figures of the
New York Produce Exchange. We first give the receipt at
The sales included No, 2 mixed at 48J£ Q 49c. in elevator and Western lake a n d river ports, arranged so as to present the
No. 3 w h ite a t 50 <% 5 0 !^ c . in e le v a to r .
comparative movement for the week ending June 9, 1894,
DAII.T CTLOSISO F B IC M OF HO. 2 MIXED OATS.
and since August 1, for each of the last three years:
But

M on.

F ri

Jas* delivery................. e. 4rt%

46%

46

ru e*.

W ed.

T h u rs.

48

43%

J u l y d e l i v e r y ...................... 0, 4 5
A u g u s t d e l i v e r y ..............e . 3 7
S e p te m b e r d e liv e r y
34

44%
37
3>

15%
33
35

45%
37%
35

47
37%
35%

47%
37%
35%

48%

Joicago . . . .
rftivraukee—
O u lu th ......
vtlnnea polls.
T o le d o ... . . . .
D e tr o it ... . . .
C leveland....
it . L o u is .....
’ eoria...........
Kansas City.

rx otra

*1 7 5 * tl 90 Patent, winter.. . . . . . . $2 90®$3 30
1 851* 2 15 City mills extras..... 3 4 0 » 3 50
2 Otr® 2 25 : Eye floor, superfine.. 2 70* 3 10
2 20 A 2 45 Buckwheat Qour___ . . . . 9
€ S « a r § . . . . . . . . . . 2 30 a 2 85 Cora meal—
Straight*........................... 2 859 3 5*5 Western, A o ................ 2 50® 2 6)
Patent, spring. . . . . . . 3 50 a 4 25
Brandywine . . . . . . .
2 70
(Wheat floor la xeek* sella ai prleas below those for barrels.]

F i n e ........................ « bbl.
8 aperfla#............ .
Extra, N o . 2 . . . . . . . . .
Extra. N o. 1 . . . .............

W h it e ..............................

49

a

No. 2 w h i t e ___ . . . .

50

a

43

Corn.

W h ea t.

B a rley.

R ye.

60,714
84,600
248,618
2,816
2,925
1,230
28,010
5,100

1,278.200
26,000

127.672
137,15
164,323
884,480
57,900
13.590
8,631
41145
9.600
21,201

53.1C0
5,900
22 294
14,619
701.240
155,150
6,124

1,241.783
333,000
16,406

33.930
29.990

26,332
21,000

....

500
42,183
36.936
151,475
301,400

1,300
1,4’jO

1,200

2,123,683
70,320
50,433
1,466,392
2,202,627
434,013
Tot-w k, ’94.
3,233.073
52,37*
3.545,291
212.465
2,348,391
<ame w&,’93.
349,618
2,138,670
202,185
58,485
2,781,652 2,132.017
lam e irk ,’92.
325.634
U nce A u g . 1.
1893-94. ... 11,972,727 141.427,499 139,075,298 108,084.378 28,213,638 3,253.703
1392-93...., 11,613,384 224,359,873 109,650,922 102,744,945 29,074,001 0,989,954
1301-92.,... 11,294,105 205,326,719 103,521,665 92,614.475 30,730,695 14,170,320

ORAisr.

0.
Corn, per bosh—
0.
1 West'a mixed........... 44 9 4 7 %
N o. 2 mixed.............. 43 V* 47
Western yellow*. 45 vi 49
45 9 43
62
49% B y e 5 4
; Western. per bush. 56 9 57
49** State and Jersey,. 52 <9 58
51 i Barley—Vo.2 WeiVn .... 9
....
State 2-rowed.......... ___ 9
....
S t a t e 8-rowed_____ . . . . 9
e.
71
02
82

The receipts of flour and grain at the seaboard ports for the
week ended June 9, 1894, follow:
F lo m t
bbls.

Now Y ork.........

W heaU
bush.

...

38.915

New O rleans . .. . . . .

4,772
11.425

...

489,373

W eek 1 8 9 3 .......

Com ,
bush.

844,550

521,350
164,631

61,375
74,033
14.250
1,034

87,990
« s .« 4
93.840
40,622

AGRIC ! TtfBAL iJRPARTMENT REPORT ON CEREALS, &C.—

The report of the Department of Agriculture showing the
condition of the cereal crops on June 1 was issued on the 9th
mat., and is as follows :
T b » r e p o r t o f J u n o t * t c o n s o l id a t e d f r o m t h e r e t u r n s o f t h e o o r r e s p o n d r e .t * o f t h e A .* r ie u lt u r » l D e p i r i m e o t m a k e s t h e a c r e a g e o f w in t e r
w h « » ! < » « r . .-iraparvd w it h t h a t w h ic h w a s h a r v e s t e d la s t y e a r 9 9 p e r
c e n t !, o Ii) k a flfirr' .ioo o f o n e p o in t . T h e r e is an i n c r e a s e o f a c r e a g e
m c o m p a r e d w ith 1 3 » 3 in b u t t e n S t a t e s , t h e p r i n c ip a l p a r t o f w h ic h
was m a d e in t h e S t a t e s o f K a n s a s a n d I llin o is
Tn« poTfenUgo* of winter- wheat a c r e a g e o f the principal States a r e
Ohio. a i. Mid ;lz»u. 85: Indiana, 91; Illinois, 1 2 2 ; K a n s a s . 1 2 6 a n d
California. IO J . T h * percentage o f spring-wheat a r e a f o r th e w h o l e
6 o -ir .t r . is 37 - per oent, being a reduction f r o m i a - t y e a r 's average o f
1 2 -2 points. T b - p e t c e n t a g e s o f spring-wheat acreage o f t h e p r i n c ip a l
S t a t e s a r e M in n e s o t a . 8 7 ; N e b r a s k a . 8 1 ; S o u t h D a k o t a , 8 5 ; N o r t h
D a k o ta , 90. The a v e r a g e p e r c e n ta g e o f a o re a g e f o r b o th s p r in g a n d

G ate.

B b U .lM lb s Bmh.dOVb* Bush.bQ lbs Bush.32 lbs B w h A 8 Ih- Bu.BQ lb*.

Rye has Iteen without change and dull.
The following are closing quotations:

Wheat—
0. .
Bp-ring, pm bash. . 60 ©
K
80*s©
Bad wittier.. . . . . . 52 a
Whit® * .......... ..... 5 3 a
Oats—Mix«4,p®r i m . 4 6 a

SUmr.

R eceip ts a t—

995,242
3,582,708

O ats.
bush.

503,700
133,070
10,100
131,200
30,000
11,810
17,880

923,837
842.760
1,185,149 1,149,440

B a rle y ,
bush.

3,900
" *6,100
........

Rws,
bu sh .

2,400
1,337

.. . ...

....

...

9,300
33,020

3,737
111,678

The total receipts at p irts named in last table from Jan. 1
to June 9 compare as follows for four years;
1894.
8,770,614

1893.
7,744.571

1892.
8,078,082

1891.
6,136,713

bu sh . 12.033,028
C o r n . . . . . . . . . . . . . . . . . . 29.049.525
Oats ..................
B a rley .............. ........... 1,708.929
R y e....................

24.977.011
21.147.276
18.163.744
2,553,326
574,009

44,673.302
58.156,699
22,019,572
2,775,006
2,428,499

14,800,512
17,543,343
15,259,514
1,817,005
258.153

T ota l grain . . . . . . 57,902,274

07,415,360

130,053,168

49,084,527

R ec e ip ts o f —
F lo u r................. ..b b ls .

j
* W h e a t ..............
I
j
I
I

THE CHRONICLE

1044

The exports from the several seaboard ports for the week
ending June 9, 1894, are shown in the annexed statement:
W h e a t.
bush.

E x p o rts fr o m —

N ew Y o r k ............... . 582.0S7
. 117,401
. 123,110
10,000
P h ila d elp h ia ........... .
B a ltim ore................. . 4S.01-0
44,000
New O rleans...........
N ew port N ew s.......
R i c h m o n d ..............
P ortlan d ...................
T ota l w e e k ............ 9S9.62S
Sam e tim e 1893....... 2,353,955

C om .
bush.

F lo u r.
Ib is.

341.077
133, 77
128.504
42,657
63.563
45
31,286

129,336

<03,999
574,379

O ats.
bush.

13,313
1,000

20.694
3,928
67,566
2,578
1.3,604
1,984
288.8S1
272,411

R y e.
bu sh .

835

P eas.
b u sh .

6,601
33,311

U .313
343,392

335
35,317

39.913
59,999

,---------- F lo u r . ---------- , ,----------Wheat.----------, <----------- C orn . ----------->
W e ek
Ju n e 9.
bbls.

S in ce S ep t.

1. 1893.

W eek
J u n e 9.
b ush.

S in ce S ep t.

1,1893.

W e ek
S in ce Sept,
J u n e 9.
1,1893.
bu sh .
bush.

1 89 4 .

1 893.

Week. Since J a n . 1.

W eek. S i n c e J a n . 1 .

N e w Y o r k t o J u n e 12.

121
30
401

3 re a t B r ita in ....................
Other E u r o p e a n ...............
? h ln a ...................................
tn d ia .....................................
A rabia..................................
A frioa ...................................
W est I n d ie s ........................

3,033
590
283
42
198
1,292

>*6X100.....................................

The destination of these exports for the week and since
Sept. 1, 1893, is as below. We add the totals for the corres­
ponding periods of last year for comparison:
E x p o r ts f o r
w eek a n d sin ce
S ept. 1 to—

[V ol. L \ m .

C entral A m e rlo a ...............
S outh A m e r lo a .................
O ‘ h er o o u n tr le s .................

72
9
107
160

3 ,0 2 9
1 ,6 6 4
4 0 ,7 0 8
4 ,469
11,633
3 .8 3 4
9 ,2 8 6
876
3 ,315
19,191
1,475

1,877
700
1 3 ,5 2 2 j
1 ,8 0 6
4 ,7 4 3
5 ,2 9 5
9 ,1 9 4
967
2 ,2 8 6
2 1,1 98
1 ,2 1 4

'7 1

119
100

09
762
59

12
| 6 ,0 0 2
....

9 9,5 20
8 ,8 7 8

1,558

6 2 ,8 0 2
1 2 ,9 2 4

T o ta l..................................... ' 6 ,0 0 2

1 0 3 ,39 8

1,558

7 5 ,7 2 6

h lna, v ia V a n o o u v e r * ___

* F ro m N ew E n g la n d m ill p o in t s d lre o t

The value of the New York exports since Jan. 1 has been
$5,376,446 iu 1894, against $3,711,407 in 1893.
About the only feature in brown goods new to the week is
confined to Osnaburgs, for some makes of which Southern
mills are holding for a slight advance, but buyers find other
In brown sheetings and
T o t a l .................. 288,834 10.662,159
929.628 41,802,064
763.999 46.942.382 sellers as easy to deal with as before.
T otal 1892-93....... 272.111 11.08K077 2,253,955 68,522,614
571,376 28,670,735
drills the home demand is still quiet with only an occasional
transaction
of
any
importance.
Sales
for
export are moderate,
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard the demand being checked by the low level of the bids gener­
ally. There is no change in bleached shirtings at first hands,
ports, June 9, 1894, was as follows:
the demand ruling dull and prices irregular. Wide sheetings
B a rle y ,
O ats ,
Rye,
Com *
W h ea t*
bush.
bush.
bush.
I n store a t —
b ush.
bush.
sell quietly on the basis of last week’s reduction. There is no
9.000
399.000
8,475,000
438.000
change in cotton flannels or blankets. Denims, ticks, cottonades
30.000
141.000
Do
a floa t..........
464,000
A lb a n y ..........................
1.000
55.000
34,000
14,000 and other colored cottons are again dull, only limited
6,000
137.000
189.000
B u ffa lo .......................... 1,448,000
business at irregular prices being reported. Kid-finished
C h ic a g o ....................... 19,199,000
174,000
3,047,000
128, 066
cambrics and other linings quiet and easy. Prints in better
, 1,085,000
3,000
4,000
request in both light summer varieties and dark fall lines,
prices of the former very irregular but steady on opening
7,351,000
5,000
54,000
basis for the latter. There is a steady demand for dark ging­
1,000
, 2,491,000
51.000
2,000
D e t r o it .......................... , 1,729,000
2,000 hams and napped fabrics but it is only of moderate dimen­
18.000
6,000
73,000
3,000
12,000 sions, while orders for light styles in fine and dress ginghams
8 t. L o u is ....................... 2,513,000
170,000
1,000
13,000
are few and small, white goods inactive at low prices. Print
Cincinnati.....................
6,000
2,000 cloths dull at 2 ll-16c. at Fall River, but sold at 25£c. for
18.< 00
*87,000
219,000
6,000
123.000
39.000 64 squares at Providence,
49.000
U n ited K ingdom
C on tin en t............
8. A C . A m erica..
W e s t Indies........
Brit. N. A . C ol’s.
O th ercou n tries..

161,763
28.910
52,090
33,183
10,670
1,698

bblh.

6,712.088
1.241,525
1,228,610
1,090.301
349.493
33,582

bu sh .

712,914 22,218,421
215,914 19,310,851
200
26,479
600
30,180
...................................
.............
155,130

524,589 26.015,703
223.088 19.911.157
2,215
112,906
13,877
647,052
200
123,756
.............
100,848

603.000
895.000
98.000
83.0C0
241.000
B a ltim ore.....................
519.000
M inneapolis................. 9,543,000

2,000
122,000
103.000
36,000
9,000
134.000

229.000
114.000
93.000
2,000

On M ississippi R iver,
On L a k es.....................
648,000
On caual and r iv e r ... 1,248,000

121,000
1.171.000
1.494.000

42,000
847.000
416.000

6,000

T otal Jun e 9,1894.58.211,000
T otal J u n e 2.1894.59,395,000
T otal Jun e 10. 1893.68.662.000
T otal Ju n e 11,1892.26,051,000
T otal Jun e 13, 1891.15,501,643

7,514,000
7,496,000
8,159,000
4,628,000
4,955,677

2,764,000
2,606,000
3,031,000
3,897,000
4,262.500

206,000
252,000
593,000
632,u00
294,593

M on treal.......................
P eoria ............................

45.000
28.000

20,000

15.000

1,000

1,000

9.000
7.000
1.000

2,000

THE DRY GOODS TRADE.

1 89 4 .
Stock o f P r i n t C loths—
J u n e 9.
H eld b y P ro v ld e n o e m a n u fa ctu re r s. 2 8 0 .0 0 0
F a ll R iv e r m a n u fa c t u r e r s ..—............6 5 8 ,0 0 0

1 89 3 .
J u n e 10.
8 5 ,0 0 0
1 4 ,0 0 0

T o ta l s to o k (p ie ce s) .......................9 3 8 ,0 0 0

9 9 ,0 0 0

N one

—There has been a better demand for
seasonable lines of fabrics and fancies under the influence of
fine weather, and some welcome clearances of broken stocks
have been effected. The fall demand is still backward for
dress goods, silks and other staple and fancy lines.
F o r e ig n D

87,000
100,000
376,000
390.COO
112,209

1 89 2 .
J u n e 11.
N one.
N on e.

ry

G

o od s.

Im p o r ta tio n s a n d W a r e h o u s e W ith d r a w a ls o f D ry G o o d s .

<1
CP
©
o

1 6 4 7 ,1 2 7
©

©
M
to
to
CP
H
©
00

to
to

00 M
© o
0D©
<1©

M tOM WM
© CP00 © ©
to CP© © ©

M

**X#*CP
<]©CD © W
©'©CP *©00
© if* ^3 if* ©
© © CPto©

! co
»
cp rf*** co

I

S

c
c*

©
to CPCP© CP
#* -3 ^3 © ©
Cfl©C0M©
tOM

00 © © M 00
< K O © O 0© #

Vow-tow
C0C3OAM
M CP© © ©

© WtOtOM
© M © -q * ^
Iu © ooV co
© to <1 CPto

2 ,5 5 8 ,0 1 0
2 ,4 9 2 ,9 7 6
2 ,7 9 2,49 7
1 ,7 2 5 ,2 1 6
6 1 0 ,3 2 5

w

8 ,6 2 9
11,1 36
5 ,1 3 8
1 0 ,3 3 6
6 ,9 8 2

CO
-J

to M
WM©
M ip*M ^ to
MMMHCll*
X m to X ©
£
5*
r—© © X ©
CPCP#* to CP
CPCPX <JX

1 0 ,1 7 9 ,0 2 4
3 1 ,1 8 5 ,4 1 3

V

MtOtOW
rf*© X M ©
O it- © CP00
CP3<© W ©
MOO©CP to
© © #*X «-J
© CPCP© w

4 2 ,2 2 1
472 ,17 1

1 5 1 4 ,3 9 2
**
M
CO
©

M#*MtO
© CDCO^3 ©
MW WW©^9
V cp 'w V to
rf* COX <1 CP
M CPCPM©

5
ot

MOOMCP©
W©©<1CP
b I**to i- CD
to© © CO©

1 2 4 0 ,3 7 7
6 3 9 ,3 4 5

oo
-3
©

MM M
<1CP00©00
© M tO©
to if*

W M < jV * w CP© CP
00© m w ©

,

w

§

V alu e

to

0:

1 0 3 ,01 8
5 0 ,0 9 9
7 8 ,8 6 4
1 0 1 ,96 5
1 1 ,7 3 3

M a n u fa c tu re s o f —
W o o l ..........................
C o tto n ......................
B ilk . ........................
F l a x ........................
M is ce lla n e o u s .........

M
'#*

•

1 1,0 9 0 ,8 0 8
5 8 ,0 3 1 ,343j

CPM M W
CP© M CDM
tO #- © © M

r

3 9 ,2 1 7
5 0 7 ,9 1 0

©M
© to
M CP
ww

s

3 4 5 ,6 7 9
1 ,0 8 1 ,8 8 8

T o t a l w it h d r ’ w ’ ls
E n t ’ d f o r c o n su m p t

N e w Y o r k , F r i d a y , P. M., June 15, 1894.
A week of fine weather has had a favorable influence over
the demand for seasonable cotton fabrics and a better busi­
g p
g
go
ness in the way of closing out stocks from first hands has been
& n p I f& S
Op
*-i 2reported. There has also been more doing in the new lines of
©•
©:
i S
dark work in both prints and ginghams for the fall, but
p.
03 •
staple goods continue quiet and largely irresponsive to the
g '
&:
changed weather conditions. Although the week’s aggregate
: T
trade is larger than noted for some weeks past, it is not of a
CO ! © M
character suggesting any material change in the views of o o ® C5-3tOtO<3
GOC MM
O 1-00
buyers; even the increase noted is made up of orders in all in­ i - I woo <1<J it*CPCP
dividual instances showing marks of caution and the sluggi.-h
movement of staples, even.on the basis of lowest prices ever
00 to ©w <3©to
oc cn ©toOGOOO
recorded, is evidence of continued lack of spirit on the part of
X<3 tO<1 COCD<1
the trade at large. Reports of impending curtailment of pro"
duction in both the cotton and woolen industries have been
more numerous and more definite during the past week than
-1 © COC ©
©to X©CPM<3
m C
before, and are gaining more credence, but even this fails to
© cp tetO M © ©
move buyers to greater exertions. The tone of the market con­
M WM #*
00M
tinues dull throughout and with but rare exceptions prices
©05 if*05 m ©00
are as weak and irregular as before.
D o m i s t i c W o o l e n s , —There has been nothing of an encour­
COCOtO©M
CO X to COto
aging character in this department during the past week.
tO© tO<1 #*
The new business coming forward is small and the re-order
demand still lags in a very discouraging fashion. Mills are
#*tOtOtO
| © co
rapidly running out of orders, and if the determination to ©
© I CD-3 <]©i£*©©
manufacture nothing on speculation is persevered in, closing © -'I to W CPj^JW
down can hardly fail to be general unless there is an unex­ © ©CO
I COCO
pected expansion in buyers’ requirements. There is really no ©
■“ I © ©
feature to this week’s business beyond its restricted character
© © cp — #*
<1 X ^1 CP©
in all pertaining to men’s wear, trouserings and suitings and
COCO© CPM
overcoatings in all-wool and worsted varieties faring alike.
if*
Cloakings are in quiet demand. Doeskin jeans, cotton-warp
<ico
cassimeres and satinets dull and irregular throughout. There © to 00 © X ^ O ©
CO
X0O©CP©
M 00 © © “Q
is a fair demand for woolen and worsted dress goods, with ©
M M CP© CP
mere doing in staples fer fall trade than hitherto. Flannels, CO I
blankets and carpets are without change.
M N jSM D o m e s t i c C o t t o n G o o d s . —The exports of cotton goods <1 1 M © cp#*** to'©
oo : oo© CPtO^0 M tO
from this port for the week ending June 12 were 6,002 00 I CPCO 00 00#*©**
>f* CO © I o^-i Vk p
packages, valued at 1319,870, their destination being to the -3
to MM
00 COo o . e e
00 I COCP CP© M CO
points specified in the table below:

T o t a l m a r k e t e d ___ 1 7 ,2 6 6

The importations and warehouse withdrawals of dry goods
at this port for the week ending June 14, and since Jan. 1,
1894, and for the corresponding periods of last year are as
follows:
5*
g
g

CPw to © w
M X W © 00
CP V ^ M t O *
CPCPM©tO
CP© m CPM
© © t o ^3©
CP© w to w

**tOt-*<I<l

5 *

*1

THE CHEOmCLE.

June 16, 1894,]

8 t* te

and

C ity

term s

of

D

z t m

v rm m .

s u b s c r ip t io n .

C o m m e r c ia l a n d F in a n c ia l C H R O H 1C L JB
ta aa 4 0 t o 0 4 p a g e s , p u b lis h e d e v e r y w e e k ,

con -

S t a te a n d C ity S u p p le m e n t o f C H R O N I C L E
ta in s I S O p a g e s , p u b lis h e d p e r io d ic a lly .

con ­

I n v e s t o r s ’ S u p p l e m e n t o f C H R O N I C L E (a C y c lo ­
paedia o f R a ilr o a d S e c u r itie s) c o n ta in s 1 6 0 p a g e s , p u b lish ed
e v e r y o t h e r m o n th ,
S u b sc r ip tio n to

____________

CHRONICLE f o r o n e y e a r S I 0 . 0 0 ,

w h i c h in c lu d e s e v e r y issu e o f b o th S u p p l e m e n t s ,

Terms of Advertising—(Per inch space.)
O n e tim e ................................
One Month
(ttlm fts)..
Tw o Month*
(8tim es)..
(The ttiiore term* tor one

$3 50 [ T n w e Months (13 tim es)..§25 00
11 00 ! Six Months
(28 tim es}.. 43 00
18 00 ! Twelve Moutlis (52 times).. 58 00
m onth and upward are tor standing cards >

T h e p u r p o s e o f th is S ta te a n d C ity D e p a r tm e n t
is to fu r n is h o u r s u b s crib e rs w it h a w e e k ly a d d itio n t o a n d
c o n t in u a t io n o f th e S t a t e

an d

Cit

s

Su

pplem en t

.

I n oth er

w o r d s , w it h th e n e w f a c t s w e sh a ll g i v e , th e a m p lifica tio n s
a n d c o r r e c t io n s w e sh a ll p u b lis h , a n d th e m u n ic ip a l la w s w e
sh a ll a n a ly z e in th e “ S ta te a n d C it y D e p a r tm e n t,” w e e x p e c t
t o b r in g d o w n w e e k ly th e in fo r m a t io n c o n ta in e d in th e
St

a t s

an d

p o s a b le ,
onMEST

C it

y

Su p p l e m

ent

t o a s n e a r th e c u r r e n t d a te as

H e n c e i f e v e r y S u b s c r ib e r w ill n o te i n h is S u p p l e th e p a g e d e s ig n a te d

a t th e h e a d o f e a c h ite m a

r e fe r e n c e t o th e p a g e w h e r e th e it e m

in th e C h b o n i c l e ca n

b e f o u n d , h e w ill a t a ll tim e s possess a c o m p le t e a n d fresh
cy clo p a e d ia o f in fo r m a t io n r e s p e c t in g M u n icip a l D e b ts.

B o n d P r o p o i a l t a n d N e g o t i a t i o n * .— W e have * a eiv ed t h r o u g h th e w e e k
th e f o l l o w i n g n o tic e s o f 1 o n e s
r e c e n tly

n e g o tia t e d a n d b o n d s o ffe r e d a n d t o b e o ffe r e d fo r

1045

C h a r le s t o n , W . Y a .— C ity T rea su rer E . A . R e id n o tifie s th e
C h r o n i c l e th a t b i Is w ill b e r e c e iv e d u n til J u ly 9 f o r $50,000 o f 6 p e r c e n t C h a rleston b o n d s , to m a tu re in 30 y ea rs a n d
b e o p t io n a l a ft e r fiv e y e a r s fr o m th e ir d a te o f issu “ , T h e
p r e se n t a m o u n t o f c it y in d eb ted n ess issu ed a n d a u th o r iz e d is
$136,789 49, a n d th e s in k in g fu n d a m o u n ts to $76,709 78, o f
w h ic h $65,100 is in v e s te d in th e c it y ’s o w n b on d s.

Chicago Sanitary District, 111.—(State and City Supple­
ment, p a g e 9 3 . ) -P r o p o s a ls w ill b e r e c e iv e d u n til J u ly 11 b y
th e C lerk o f th e S a n ita ry D is tr ic t o f C h ic a g o , a t h is o ffice in
th e R ia lt o B u ild in g , f o r $3,000,000 o f 4 per c e n t b on d s o f th e
d e n o m in a tio n o f $1,000 e a c h . T h e lo a n w ill m a tu re a t th e r a te
o f $150,000 y e a r ly f r o m J u ly 1, 1895, to J u ly 1, 1914, b o th in ­
clu s iv e , a n d in terest w ill b e pa ya b le s e m i a n n u a lly in C h ic a g o
o n th e 1st o f J a n u a ry a n d J u ly . T h e b o n d s w ill b e s o ld in
lo ts o f $26,000 a n d m u ltip le s o f th at s u m , a n d e a ch p u rch a se r
w ill b e r e q u ir e d to ta k e a p r o ra ta share o f s h o r t a n d lo n g ­
tim e b on d s.
O n th e 10th o f O c to b e r , 1893, a 5 per c e n t seria l lo a n o f this
s a n ita r y d is 'r ic t t o th e a m o u n t o f $2 000,000 w a s issu ed a n d
s o ld a t 101'50. A g a in o n D e c e m b e r 13, 1898, a n o th e r 5 per
c e n t seria l lo a n o f $3,000,000, m a t u r in g p a rt y e a r ly f r o m 1895
to 1914, w a s so ld b y th e d is tr ic t a t 101 793. N o o th e r secu rities
h a v e b e e n issu ed .
T h e S a n ita r y D is tr ic t o f C h ic a g o w as r e g u la r ly o r g a n iz e d
in 1889 u n d e r an a c t o f th e L e g isla tu r e o f th e S tate o f I llin o is
e n title d a n a c t “ to cre a te sa n ita ry d istricts a n d to r e m o v e
o b s tr u c tio n s in the D esp la in es a n d I llin o is r iv e r s ,” a n d it has
f o r i ’ s o b j e c : the p r o v id in g 'o f an a d e q u a te s a n ita ry s y s te m a n d
k e e p in g L a k e M ich ig a n fr e e f r o m s ew a g e. S o o n a ft e r th e
o r g a n iz a tio n o f th is d is tr ic t th e a c t o f th e L e g isla tu r e w as
fu lly r e v ie w e d a n d d e c la r e d co n s titu tio n a l o n J u n e 13, 1890,
b y th e S u p re m e C o u r t o f I llin o is in t w o cases, a n d the
p o w e r o f th e B o a r d o f T ru stees to le v y ta x es, m a k e sp e cia l
assessm ents, b o r r o w m o n e y , a n d issu e b o n d s, a n d p r o v id e
f o r the p a y m e n ts o f th e s a m e , u n d e r th e p r o v is io n s o f a n d in
a c c o r d a n c e w ith sa id a ct, w as, a ft e r a n e x h a u s tiv e d iscu ssion ,
su stain ed in e v e r y p a rticu la r
T h e S a n ita ry D is tr ic t as
th u s o r g a n iz e d in clu d e s a ll th e C ity o f C h ic a g o e x c e p t a v e r y
sm a ll part, sou th o f E ig h ty -s e v e n th S tre e t a n d th e g re a te r
p a rt o f th e to w n s o f L y o n s a n d C ic e r o , w ith a p o p u la tio n in
1892 o f 1,400,000, a p p r o x im a te ly .
T h e p resen t n e t b o n d e d in d e b te d n e ss o f th e d is t r ic t is $4,900,000, th e su m o f $100,000 o f th e o r ig in a l issu e h a v in g b e e n
p a id . T h e t a x le v y y ie ld s a b o u t $1,300,000 y e a r ly o n a v a lu a ­
tion o f o v e r $240,000,000.
T h e e x p e n d itu r e s o f th e d is trict to
d a te, in c lu d in g c o n s t r u c tio n a n d r ig h t o f w a y la n d s, a g g r e g a te
a b o u t $7,000,000, th e to ta l c o s t o f th e w o r k b e in g set at

ta le .
A lp e n a C o u n t y , M i c h .— It la re p o rte d th a t th e $100,000 o f
5 p e r c e n t r o a d b o n d s o f th is c o u n t y r e c e n tly o ffe r e d f o r sale
h a v e b een s o ld at 102 93.
$21,000,000.
B a r t o w , F l a .— It is r e p o r te d th a t w a te r w o r k s b o n d s o f th is
C in c in n a t i, O h i o .— (S tate and City supplement, p a g e 78.)
c it y h a v e r e c e n tly b e e n d is p o s e d o f .
T h is c it y w ill issue p a r k b on d s to th e a m o u it o f $35,000.
B a y o n n e , N. J . — (S t a t e a n d C i t y S u p p l e m e n t , p a g e 88, ) —
Clearfield C o u n t y , P u —(State and City S upplement,
C it y T r e a s u re r W il lia m D . S a ite r n o tifie s th e C h r o n i c l e th at
b id s w ill b e r e c e iv e d b y th e c o u n c il o f th e c i t y o f B a y o n n e p a g e 71.) - B i d s w ill be r e c e iv e d u n til J u n e 30 fo r th e p u rch a se
u n t il J u n e 19, 1891, f o r th e p u rch a se o f $50,000 c it y o f B a y ­ o ' $33,000 o f 3 0 -y ear '&% Per c e n t r e fu n d in g b o n d s . T h e y are
o n n e b<>nds. issued f o r street im p r o v e m e n ts a n d p a y a b le six to b e issu ed to r e fu n d 810,000 o f c o u r t h o u se a n d $23,000 o f
y e a r s fr o m d a te o f b o n d . B uis c a n b e m a d e o n th e w h o le is­ ja il b o n d s m a t u r in g J u ly 1, 1894.
C o lle g e P o i n t , N. Y .— (State and City Supplement, p a g e
su e o r a n y part th e r e o f. T h e b o n d s a r c d a te d fr o m J u ly 1st,
1894, a n d b e a r 3 p e r c e n t in te re st, p a y a b le s e m i-a n n u a lly on 46 )— T h e 4 p e r c e n t 3 0 -y e a r w a te r b o n d s to th e a m o u n t o f
$11,000
w e r e s o ld o n J u n e 4 to N . W . H a r ris & C o. at 102'01,
J a n u a r y 1st a n d J u ly 1st at th e M e ch a n ics' Trust C o. B a n k ,
B a y o n n e , N . J. A c c r u e d in te re st w ilt be c h a r g e d fr o m date
C u lp e p p e r , Y a .— T h e citiz e n s o f C u lp e p p e r h a v e v o t e d to
o f b o n d t o d a t e o f d e liv e r y ,
b o r r o w $ 20,000 fo r th e c o n s t r u c tio n o f w .ter w ork s.
B e lle v u e , O h i o .— C ity C lerk W , H . D im ic k n otifies the
Cumberland, R. I —(State and City Supplement, page
C h r o n i c l e th at settled p ro p o sa ls w ill b e r e c e iv e d u n til J u ly 3 34.)— S e a le d p r o p o sa ls w ill b e r e c e iv e d u n til J u n e 30 b y C y ru s
f o r 3 per c e n t w a te r w o r k s b o n d s t o th e a m o u n t o f 813,000, to T a ft. T re a su re r, f o r th e p u rch a se o f $40,000 o f t o w n b on d s.
b e d a te d A u g u s t 1, 1891, a n d p a y a b le a t th e ra te o f §1,000 T h e lo a n w ill b e d a te d J u ly 3, 1894, w ill b ea r in terest a t th e
y e a r ly , b e g in n in g A u g u s t 1, 1908, T h e s e c u r itie s a re to be in ra te o f 4 per c e n t, p a y a b le s e m i-a n n u a lly , b oth p r in cip a l a n d
the (,,r m o f ■"U p o n b o n d s, and in terest w ill be p a y a b le s e m i­ in terest b e in g p a y a b le in g o ld b y th e In d u s tria l T r u st C o m ­
a n n u a lly (F e b r u trv and A u g u st ) at th e A m e r ic a n E x c h a n g e p a n y , P r o v id e n c e , R. I , a n d w ill m a tu re a t th e rate o f $2,000
N a tio n a l B a n k o f N e w Y o r k C ity .
y e a r ly fr o m J u ly 1. 1895, to J u ly 1, 1914. T h e bon d s w ill be
T h e C o u n c il r- * rv- ■ th e r ig h t to issue to th e s u c c e ss fu l b id ­ r e a d y f o r d e liv e r y a b o u t J u ly 1, 1894.
d e r a su m 1- ss th a n th e a b o v e s p e c ifie d , th e in te n tio n b e in g to
T h e e n tire in d e b te d n e s s o f th e to w n , in c lu d in g th e a b o v e lim it th e a m o u n t issu e d to th e a c tu a l c o s t o f th e im p r o v e ­ m e n tio n e d issue, w ill be $ 120, 000.
m e n t, b u t i f a less su m th an a b o v e sta te d , th e a m o u n t
D a l t o n , M a - 3.— M . G ie n n o n , C h a irm a n o f th e W a t e r C o m ­
d u e a n d p a y a b le o n th e a b o v e d a te s w*ili b e a p p o r tio n e d to th e
m ission ers, w r ite s th e C h r o n i c l e th a t b i t s w ill b e r e c e iv e d
b y h im at a n y tim e f o r th e p u rch a se o f th e $14,000 o f 4 per
T h e tota l in d e b te d n e ss o f B e lle v u e , in c lu d in g th is issu e, is
c e n t w a te r b o n d s, m a tu r in g in e ith er ten o r t w e n t y y ea rs, o r
ItJo.fM 0, o f w h ic h §3 6 ,TOO is w a te r d e b t a n d $30,000 p a y a b le b y
on d e m a n d . B id s f o r e a ch p la n a re req u ested . In te re st w ill
s p e c ia l a ssessm en t o n p r o p e r ty d o n g p a v e d streets.^ T h e asbe p a id se m i-a n n u a lly a t a p la c e to b e d e c id e d b y th e b u y er.
gcs*ed v a lu a tio n o f ail p ro p e rty for th is y e a r is a b o u t $1,160,000
T h e tota l d- bt o f D a lton , in c lu d in g th e a b o v e -m e n tio n e d Issue,
a n d th e e s tim a te d real v a lu e is $3,000,000,
w ill be $70,000; the assessed v a lu a tio n in 1898 w as §2,360,000
D i l l e r l e , M c - L —T h is t o w n baa b een a u th o r iz e d b y th e L e g ­ (pr n erty b e in g assessed a t a b o u t 66 per c e n t o f its a ctu a l
isla tu re to b o r r o w §-> t,000 o u tsid e o f th e d e b t lim it, th e loan v a lu e), a n d th e to w n ta x p e r $1,000 f o r 1894 is $10, T h ere
t o b e c o m e d u e in 25 y e a rs.
has n e v e r been a n y ta x le v ie d b y the F ir e D is trict, as w ater
B r o o k l y n . N. Y. — > T ' T k \nd C m * S up pl e m e nt , page 4 4 ) ren ts p a v all e x p e n s e a n d a b a la n ce o f a b o u t $ 1,000 is a p p r o ­
p ria ted y e a r ly f o r im p r o v e m e n ts o r sin k in g fu n d s . T h e tota l
— C u t C o m p tr o lle r svi.li r e c e i v e p r o p o s a l s U u t il J u n e 3.3 fo r
c o s t o f the w a te r -w o r k s t o th e p resen t d a te h a s b e e n $ 68, 000,
f t .000,0*>0 o f 3 ! < p ‘ *r e - o t t a x c e r t i f i c a t e s m a t u r i n g s i x m o n t h s
f r o m d a te o f issue,
D e n v e r , C o lo .— (State a n d City Supplement, p a g e 198.)— .
B r u n s w i c k , ( a . - v r - t e a n d Ci t y s u p p l e m e n t , p a g e 166.) B id s w ill be r e c e iv e d u n til J u n e 19 b y th e D e n v e r B o a r d o f
__ T h e p e o p le o f th is c i t y h a v e v o te d to issue $10,000 o f street P u b lic W o r k s f o r §3,100 o f 6 per ce n t lo c a l im p r o v e m e n t j
b on d s. T h e secu rities w ill m a tu re e ig h t y e a rs f r o m S ep tem «
im p r o v e m e n t b o n d s .
C a r e y , O h io . -D ie §25,006 o f w a te r -w o r k s b o n d s of th is b e r 1, 1893, b u t are s u b je o t to c a ll at a n y tim e.
D i l l o n , M o n t .— E d w in N o rris, c it y c le r k , w rites u s th a t n o
v illa g e voted, in A p r il h a v e r e c e n tly b e e n is s u e d .^ T h e loan
in o r* ,t at th e ra te o f 5 p e r c e n t a n d m a tu re s in 20 yea rs. s a tis fa c to r y b id s w e r e r e c e iv e d f o r the §43,000 o f 6 p e r c e n t
C a n t o n , H is * .— B id s w ill b e re ce iv e d until J u ly 1 fo r th e p u r ­ w a ter b o n d s o ffe r e d f o r sa le at p u b lic a u c tio n o n J u n e 3.
c h a se o f $ t U M 0 o f « t v s c h o o l b on d a , T h e lo a n w ill b e a r in ­ T h e b o n d s are to b e d a te d J u ly 1 , 1894, a n d w ill ru n 20 y e a rs ,
In te r e s t w ill be p a y a b le
u r e s '. at a ra te n o t e x c e e d in g 6 p e r c e n t , p a y a b le a n n u a lly on w ith an o p t io n o f c a ll in 10 yea rs.
s e m i a n n u a lly on J a n u a r y 1 a n d J u ly 1, at th e o ffic e o f th e
C ity T reasu rer, o r at a n y N e w Y o r k b a n k d e s ig n a te d b y th e
T h e c it y has at p re se n t n o d e b t o f a n y k in d .a n d its assessed
p u rch a ser.
v a lu a tio n is o v e r $ 100, 000.

1046

THE CHRONICLE.

[VOL. LVI11-

Lansing, Mich.—(State and City S upplement page 100)—
Fitclibnrg, Mass.—(State and City Supplement, page 25.)
City Treasurer G. E. Clifford writes the Chronicle that $25,- The citizens of Lansing voted on June 5 in favor of issuing
000 of Normal School bonds dated June 1 and payable twenty S75.000 of bonds for the construction of a new city-hall and
years after date, and $15,000 of Fire Department bonds dated $25,000 of bonds for the construction of a bridge across Grand
June 1 and payable ten years after date, will probably be River.
issued within a short time. Both will be issued in the form
Lawrence, Mass.—(State and City Supplement, page 26.)
of registered bonds and bear interest at the rate of 4 per cent —The $262,000 of 4 per cent 30-year refunding bonds were
per annum.
awarded to W . I. Quintard at 107-39.
Fullerton, Neb.—Water-works bonds of Fullerton to the
Lewiston, Me.—(State and City Supplement, page 12.)—
amount of $13,000, recently voted, have been declared illegal. It is reported that the $80,000 of 4 per cent 30-year refunding
Another election will be called to vote on the question.
bonds offered for sale June 4 were sold to Messrs. Woodbury
Galveston, Tex.—State and City S upplement, page 177)— & Moulton, of Portland, Me., at 105-62. Other bids received
It is reported that the city of Galveston has sold $900,000 of 5 were noted in last week’s Chronicle.
per cent 40-year water bonds to Messrs, N. W. Harris & Co. of
Lincoln, It. I.—Four and one-half per cent bonds to the
New York at par.
amount of $100,000 have recently been sold at 105-219. The
Gogebic County, Mich.—(State and City Supplement, loan will mature at the rate of $4,000 yearly from 1895 to 1919.
page 100.)—Bids will be received until July 2 by County
Macon, Ga.—(State and City Supplement, page 166.)—A.
Treasurer Charles A. Peterson for $75,000 of 5 per cent county R. Tinsley, City Treasurer, reports to the Chronicle that
road bonds maturing July 2, 1909. The securities were au­ $150,000 of paving bonds and $50,000 of bonds for various
thorized by popular vote at an election held on the 4th of this other purposes have been recommended by the Mayor to the
month.
Council, but that no action has as yet been taken in the mat­
Greenfield, Mass.—(State and City Supplement, page 25.) ter. He also writes that should the recommendation be
—Proposals will be received until June 23 by William Blake adopted it will then be necessary to submit the question to a
Allen, Treasurer, for the purchase of a $25,000 school-house vote of the people.
loan, bearing interest at the rate of 4 per cent, payable semi­
Manchester, N. H.—(State and City Supplement, page
annually. The loan will be issued in form of notes, two notes 14.)—This city will borrow $34,000 for the construction of a
for $5,000 each falling due October 15, 1901 and 1902 respect­ new school-house.
ively, and two notes for $7,500 each falling due October 15,
Massachusetts.—( S t a t e a n d C i t y S u p p l e m e n t , page IS O 1903 and 1904 respectively.
Hamilton, Ohio.—(S tate a n d City S upplement, page 81.) State Treasurer Henry M. Phillips will receive proposals until
—The Board of Education of Hamilton have voted to issue June 20th for $700,000 of 3 % per cent registered State bonds,
$30,000 of
per cent bonds.
due April 1, 1924. The securities are issued for the Medfield
Harvard, Neb.—The people of Harvard will vote July 2 Insane Asylum. Interest will be payable semi-annually (April
on the question of issuing bonds for water-works.
and October), and both interest and pr.ncipal will be payable
Highlands, Colo.—Sealed proposals will be received until in gold. Proposals must include accrued interest from April
June 19 at the office of Carrie G. West, City Clerk, for the
purchase of $40,000 of improvement bonds. The loan will be 1, 1894, to the date of delivery o f the bonds.
The State of Massachusetts has paid from the sinking fund
dated July 2, 1894, will bear interest at the rate of 6 per cent,
ayable semi-annually on January 1 and July 1, and will during the present year two maturing loans amounting to
ecome due in fifteen years with an option of call after ten over $9,000,000. On July 1, 1894, and January 1, 1895, two
years. Both principal and interest will be payable at the
office of the City Treasurer or at the Park National Bank, other loans amounting to $2,800,000 will be paid from sink­
ing funds which are already adequate for the purpose. New
New York City, at the option of the purchaser.
loans
to the amount of $2,100,000 have been issued during the
Hutchinson, Minn.—It is reported that the water-works
bonds to the amount of $20,000 offered for sale June 1 have year, almost entirely on account of “ Metropolitan parks and
been sold for $21,206 25. The bonds are to be dated July 2, sewers.” No loans have been refunded, as each issue has its
1894, and will mature July 2, 1914. Interest is payable semi­ separate sinking fund, which is sufficient to retire the princi­
annually at the rate of 6 per cent.
pal at maturity.
Ipswich, Mass.—Thomas E. Condon, Town Treasurer, writes
T reasurer P h illip s's a d vertisem en t o f the bon ds n ow bein g
the Chronicle that the $30,000 of water-works b. nds recently
authorized will bear interest at the rate of 4 per cent, payable offered f o r sale w ill be fo u n d elsew here in th is D ep a rtm en t.
semi-annually on January 1 and July 1 by the Old Colony
Mason City Independent Sehool District, Iow a.—Pro­
Trust Company, Boston, Mass., and they will run 30 years.
posals will be received until June 20 for the purchase of
The total debt of the town is at present $12,900. The bonds of this district to the amount of $23,000, the securities
assessed valuation, which is about two-thirds actual value, for to bear interest at the rate of 5 per cent. Thirteen thousand
1893, was $2,500,000 ; total tax rate per $1,000, $10 70.
dollars of the amount will mature April 2, 1904.
Ironton, Ohio.—(State and City Supplement, page 81.)—
Milwaukee, Wis.—(State and City Supplement, page 104.)
Bids will be received until June 29. at the office of T. T. John­ Notice ha3 been given that the following bonds of the City of
son, Clerk of the Board of Education, for the purchase of Milwaukee have been called for payment. Interest will ceasf
$15,000 of 5 per cent coupon bonds, dated June 1, 1894. In­ on June 30, 1894.
G e n e ra l C ity B o n d s o f 1 8 7 1 .—N os. 7, 230 , 156 , 1 6 3 , 6 4 ,2 0 5 ,2 2 3
terest will be payable semi-annually in June and December,
and $2,000 of the amount will mature in 5 years, $2,000 in 6 1 5 5 , 2 2 6 ,2 1 3 , 1 9 0 ,2 0 ,9 0 . G en era l C ity B o n d s o f 1 8 8 5 .— Nos. 413
4 2 0 , 438 . G e n e ra l C ity B o n d s o f 1 8 8 6 .—N os. 5 6 6 , 5 7 9 , 595 . R egis
years, $3,000 in 7 years, $2,000 in 10 years, $3,000 in 11 years te re d W a te r B o n d s.— Nos. 3 0, 3 3 ,5 7 , 6 9, 8 1 , 133 . W ater B o n d s >t
and $3,000 in 12 years from date of issue. Both principal and 1 8 7 2 .—Nos. 9, 5 3 3 , 3 7 6 , 5 8 5 , 4 6, 7 8 0 , 59, 8 5, 392 , 7 1 3 , 6 2 7 , 2 4 0 , 648 ,
interest will be payable at the National Park Bank, New York. 5 1 9 , 4 0 0 ,2 1 1 , 5 9 4 ,7 1 7 , 1 2 4 , 6 7 9 ,7 4 2 . W ater B o n d s o f 1 8 8 3 .—N os.
17, 21, 29, 5 2, 7 4, 8 1 ,1 2 4 . W ater B onds o f 1886.—N os. 385 , 2 3 1 , 310,
Jersey City, N. J.—(State and City S upplement, page 60.) 2 4 1 , 2 3 9 ,3 4 0 , 2 8 9 ,3 7 9 , 336 , 3 2 9 , 153 , 3 8 6 , 2 5 7 . W ater B o n d s o f
—It is reported that Jersey City will issue $179,000 of 4% per 1 8 8 7 .—N os. 4 5 3 , 4 6 4 , 474. 4 0 8 , 440 , 523, 4 8 8 . 5 3 6 , 544 . B rid g e B o n d s
o f 1 8 8 3 .—N os. 8. 6 1, 6 8, 7 1 . W a terw ork s R e fu n d in g B o n d s 1 8 8 3 .—
cent bonds to refund a like amount of 6 per cent bonds falling N
os. 21, 2 8, 3 0, 7 3 , 104, 1 1 9 ,1 3 7 .
due January 1, 1895.
The bonds will be paid with interest on presentation at the
Kansas City School District, Mo.—The $200,000 o f 4 per office of the City Treasurer.
cent 20-year straight gold bonds offered for sale June 7 were
Mt. Vernon, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 50.)
awarded as follows : One hundred thousand dollars to the —Bids will be received until July 3 for $22,000 of 5 per cent
First National Bank of Kansas City, Mo., for $100,426 ; $50,000 assessment bonds dated July 1, 1894, and payable July 1, 1900.
to the Kansas City State Bank of Kansas City, Mo., for
Mt. Vernon, Ohio.—( S t a t e a n d C i t y S u p p l e m e n t , page
$50,250 50 and $50,000 to the Mechanics’ Bank of Kansas
City, Mo., at par. The Illinois Trust & Savings Bank, of 82.)—Deficiency bonds of this city to the amount of $8,000
will
be offered at auction on June 25. Interest at the rate of
Chicago, bid 96T7 for the full amount, but this proposal was
not entertained, as notice was given when the bonds were 6 per cent will be payable semi-annually and the bonds will
advertised that they would not be sold for less than par. mature at the rate of $1,000 yearly.
Newburg, N. V . — ( S t a t e a n d C i t y S u p p l e m e n t , page 50.>
The loan will be dated July 2, 1894, and is issued for the
—Park bonds of Newburg to the amount of $10,000 have
erection of a public library buildiDg.
Kearney, Neb.—(State and City S upplement, page 124.)— recently been sold at 102-61, the loan to bear interest at the
The $60,000 of bonds issued for the enlargement of the Kear­ rate of 4 per cent.
New York City.—( S t a t e a n d C i t y S u p p l e m e n t , page 50.)—
ney Canal were sold on June 4 to Messrs. Green & Van
Duyn, of Lincoln, Neb., at par. Only three bids were re­ Comptroller Fitch will receive proposals until June 26 for
ceived. The loan is dated May 1, 1894, bears interest at the $542,553 60 of school-house bonds and $500,000 of dock bonds.
rate of 5 per cent, payable semi-annually at the office of the The securities bear interest at the rate of 3% per cent, pay­
able semi-annually, May and November, and the school
City Treasurer, and matures May 1,1914,
Knightstown, Ind.—Water-works bonds of this city to the bonds mature November 1, 1912, while the dock bonds will be
amount of $20,000 have been sold to Messrs. N. W. Harris & payable November 1, 1924. Neither issue is to be exempt
Co. of Chicago. The securities bear interest at the rate of 6 from city tax.
Newton, Mass.—(State and City Supplement, page 29.)—
er cent, payable J. & D., and the loan matures at the rate of
1,000 yearly from June 1, 1899, to June 1, 1910, and then at John A. Kenriqk, City Treasurer, writes the C hronicle that
the rate of $2,000 from June 1, 1911, to June 1, 1914. The the $75,000 of Newton water bonds which we mentioned in a
city has no other indebtedness, and its total assessed valua­ recent issue will not be offered for sale for several weeks.
tion (about 60 per cent of actual value) for this year is
Northumberland County, Pa.—Four per cent bonds to the
$1,159,460. The bonds are exempt from taxation.
amount of $35,000 have recently been sold.

J unk 16, 1894.)

TH E

1903. The bonds will be advertised for sale the latter part of
this month.
The assessed valuation of the district, which includes the city
of Pasadena, North and East Pasadena, for 1893-94, is $4,441,393. Its total bonded indebtedness is $41,000, maturing at the
rate of $10,250 yearly from 1895 to 1898. The population is
about 10,000. A statement of the financial condition of the
city of Pasadena is as follows :
LO A N S—
When D ue.
Total debt Mar 1, 1894. $138,700
F ir e a n d Se w e r B o n d s—
Assessed, valuat’n’93-4.. 5,473,821

N o r r i s t o w n , P a .— (State and City Supplement, p a g e 68.)
I t is re p o r te d th at 850,000 o f b o n d s o f th is b o r o u g h w ill be is­
su ed f o r th e c o n s t r u c tio n o f a n e w m a r k e t h o u s e ; a lso th at
the- s c h o o l b o a r d w ill issu e b o n d s to th e a m o u n t o f $50,000.
O safeis, M in n .— B id s are t o b e o p e n e d t o -d a y in
M in n, f o r $3,200 o f 6 per c e n t 5 -y e a r v illa g e b o n d s.

1047

C H R O N IC L E .

O sakis,

P a l m e r , M a ss.— B o n d s o f th is t o w n to th e a m o u n t o f $60,b een a u th o r iz e d .

000 h a v e

P a r B , T e n n .— T h e $35,000 o f w a te r -w o r k s a n d $10,000 o f
e le c t r ic lig h t b o n d s v o t e d b y th is c it y w ill a ll b e a r in te rest
at th e rate o f 5 p e r c e n t, p a r a b le s e m i-a n n u a lly , a n d w ill be­
c o m e d u e in 20 y e a rs , w it h p r iv ile g e o f r e d e m p t io n a ft e r fiv e
y e a rs. P r in c ip a l a n d in terest w ill i e p a y a b le a t s o m e b a n k ­
in g h o u s e in th e c i t y o f N e w Y o r k to b e d e s ig n a te d b y th e
M a y o r a n d B o a r d o f A ld e r m e n .
T h e c it y 's to ta l d e b t a t p re se n t co n sists o f $15,000 o f ra il­
r o a d a id b o n d s. T h e assessed v a lu a tio n in 1893 w a s $556,000 ;
t o ra te (.per $1,000), $1 50. T h e p o p u la t io n a c c o r d in g to lo c a l
fig u r e s is a b o u t 2,500,
Park C o u n t y , M o n t.— (State and City Supplement, page
133. i — C o u n ty f u n d in g b o n d s to th e a m o u n t o f $45,000, bea r­
in g in te re st at th e ra te o f 6 p e r c e n t, w e r e s o ld o n J u n e 4 to
N, W . H a rris & C o . o f C h ic a g o f o r a p r e m iu m o f $3,761.
F o u r b id s w e r e r e c e iv e d f o r th e lo a n . In te re s t is p a y a b le
s e m i-a n n u a lly o n J a n u a ry 1 a n d J u ly 1 a n d th e b o n d s w ill
ru n t w e n t y y e a r s f r o m J u ly 1, 1894.
P a r k e r s b u r g , W . V a .— F o r t y -e ig h t th o u sa n d d o lla r s o f th e
$65,000 5 p e r c e n t lo a n o ffe r e d f o r sa le o n J u n e 12 w ere
a w a r d e d to X . W . H a r r is & C o ., o f C h ic a g o , a t p a r, a n d the
r e m a in in g $17,000 to lo c a l p a rtie s, $11,000 a t p a r a n d $6,000 at
101 i j . S ix b id s in a ll w e r e r e c e iv e d f o r th e lo a n . T h e b on d s
w ill "be d a te d J u ly 1, 1894, a n d w ill m a tu re J u ly 1, 1914, w ith
in te re st p a y a b le a n n u a lly o n J u l y 1.

5 s......... $131,900............... 20 years.
L ib r a r y

Population in 1890 w as........ 4,882
Population in 1880 w as........ 391
Population in 1894 about___7,500

B on ds-

73, — , $6,800.............. 20 years.

^ Paterson, N. J.—(State and City Supplement, page 63.)—
Sealed proposals will be received until June 25 by the City
Comptroller for the purchase of $400,000 of 4% per cent
coupon funded debt bonds, maturing at the rate“ of $40,000
yearly from July 1, 1899, to July 1, 1908,

Philadelphia, Pa.—(State and City Supplement, page 69.)
—Sealed proposals will be received until June 25 by Edwin S.
Stuart, Mayor, for the purchase of a $3,000,000 serial loan of
the city of Philadelphia, authorized by ordinance of City
Councils approved April 3, 1894, The loan is divided into
twenty series of $150,000 each, alphabetically arranged, series
“ A ” being payable December 31, 1904, and one series each
succeeding year thereafter until December 31, 1923.
Bids will also be received by the Mayor on the above-men­
tioned date for the purchase of Series “ A ,” due December 31,
1904, and Series “ B,” due December 1, 1905, for $300,000 each,
of the $6,000,000 loan authorized by ordinance of city coun­
cils approved March 15, 1894.
The loans will be free from all taxes and will bear interest
at not exceeding 4 per cent per annum, payable on the first
day of January and July in each year. Proposals must be
made upon blanks, which can be obtained on application at
P a s a d e n a C it y S c h o o l D i s t r i c t , L o s A n g e l e s C o u n t y ,
the Mayor’s office.
C a l.— A n e le c t io n h e ld in th is d is t r ic t o n J u n e 1 to v o te on
Fiona, Ohio.—Paving and sewer bonds to the amount o f
issu in g $20,000 o f s c h o o l b o n d s r e su lte d in f a v o r o f th e propo e iiio u b y a v o t e o f 152 to 14. T h e lo a n w ill b e d a te d J u n e 1, $150,000 have been authorized.
1894, w ill b e a r in terest at th e ra te o f 6 p e r c e n t, a n d w ill m a ­
Pottsvillc, ria.—(State and City Supplement, page 70,)—
tu re a t th e ra te o f $4,000 y e a r ly f r o m J u n e 1 ,1 8 9 9 , to J u n e 1, Funding bonds of this town to the amount of $54,000 recently

NEW

LOANS.

N E W

$ 1 , 7 8 7 , 0 0 0
C ity

of

$ 1 0 0 ,0 0 0

C h icago

Bonds

for

LO A N S.

$| 4 t m s

b «

CX2> o ' c k t c k m m n m

tor §1,737,000 City o f
ing

& ® m r ip z k > n M

S ew erage B

G old

S ale.

S T A T E

OF

O H IO

o

reem Ived a t t h e o ffic e o f

3

t h e t w e n t i e t h d a y o f X o n e , 1884,

.

$ 786* 000

M i r e r I m p i w r m m im f c B o n d s . . . . . . . . . . . . . . . . . .

81 0 ,0 0 ©

n

d

*

,

*

.

*

.

.

R E G IS T E R E D

2 1 0 ,0 0 0

$ 8 0 ,0 0 0

Due

Si^bT.ooo

M a ssa ch u se tts
B onds.

)
>

Comm onw ealth of Massachusetts .
T r e a s u r y Depa rtm en t ,
B oston , June 11,1891.)
The undersigned will receive sealed proposals at
this office until 12 o ’clock (noon) o f Wednesday,
June 20, 1894, fo r the purchase o f the follow ingdescribed registered Massachusetts State bonds to
be issued in pieces o f $ 1,0 0 0 . or multiples thereof,
authorized by Chapter 391 o f the Acts o f 1894.

B O N D S,

are

J u ly

1st,

1900.

$ 7 0 0 ,0 0 0

w h ic h ., w i t h t h e e x c e p t i o n o f $ 2 1 0 ,0 0 0 T o w n o f L a k e
w a t e r Smssm! * , w m m o r i g i n a l l y learn ed I n
th e a d o p tio n o f

th e

n e w C o n s titu tio n

p r io r t o
of

Medfield

I n s a ne A s y l u m L o a n ,

payable April 1st, 1924, bearing interest at the rate
of
per cent per annum, payable semi-annually on
the first days o f April and October. Principal and
interest payable in gold coin or its equivalent at the
treasary o f the Commonwealth.
Proposals must include accrued interest from
April 1st, 1804, to date o f delivery o f the bonds.
The right is reserved to reject any or all proposals.

‘SH

f o r t h e p a r p o w . o f r e t ir in g

b o n d * o f t h e a s is e c h a r a c te r m a la r ia # 1st J a ly , 1 8 N ,

o f lllta -t* .

fo r

.............$ * 4 0 ,0 0 0

W a te r B on d * (T o w n o f L a k e ).

Thm m

PER C E N T

Chicago B ondi, o f the follow ­

>~

W a t e r B o a O * .,

P r o p o s a ls

LO AN S.

S ta te

the
C itf Comptroller o f the City o f Chicago, until twelve
g & tle d

N E W

In te re st P a y a b le J a n u a ry 1st an d J u ly 1st.

th e S ta te

T h e y a r e o f t h e d e n o m i n a t i o n o f $ 1 ,0 0 0

HENRY Iff. PHILLIPS, Treaenrer.

a r id $50® e a c h , a r e d a t e d l i t i n l y , 1 W , a n d a r e p a y ­
a b le la t w e n t y (8 $ ) f e a r * fr o m , d a t e , w it h I n t e r e s t a t
t h e r a t e o f f o u r C i) p m
M S E d -a x m o a lly .

cen t

p e r a n n u m , p a y a b le

FOB PB1CE AND FURTHER PARTIC­

B o t h p r in c ip a l a n d in t e r e s t p a y a b le

i n g o l d at- t h e A m e r i c a n

E xch an ge

N e w Y o r k C ity .
P r o p o sa l • w ill b e r e c e iv e d

ULARS ADDRESS.

N a tio n a l B a n k ,

fo r ea ch

Issu e s e p a r­

a te ly m f o r t h e w h o le Iren e, o r a n y p a r i th e r e o f.
A c e r tifie d c h e c k f o r fiv e p e r c e n t o f t h e a m o u n t
h id m o a t a c c o m p a n y t h e o ffe r .
„

Rudolph Kleybolte & Co. MUNICIPAL

T he City reserves the right to reject any and all

bids.

W IL L IA M

BANKERS,

FOR

K . ACKERMAN.
C it y C o m p t r o l l e r .

BONDS

IN V E S T M E N T .

C IN C IN N A TI.

$ 2 5 0 ,0 0 0
PARTICULARS

6% Modesto Irrigation Distiiold Bonds
la t e r * * !

P a y a b le

S e m i-A n n u a lly .

P jUA b y t b a p v ir t r r o f t a x a t i o n .

i*r.d.

F ir s t H en o n t b e

iD v ta ftttU A tfk tf n d t r t t e B
W , E.

NEW

LOAN

a p p ly to

$ 1 0 0 ,0 0 0

H o i , 11 l l O O H ,

80

W a l l S t ., S e w

Y ork .

C ity

W . N . Coler & C o.,
B A SK E R S .

of

N ew

H a v e n , C o n n .,

SEWER
P r ic e -lis t on

Si W A L L

S T ., N. Y .

THE WALL STREET JOURNAL
U

N ASSAU STREET.

MEMBERS OF TH E NEW YORK AND BOSTON
STOCK LXCHANGBS.
DEALERS IN COMMERCIAL PAPER.

4s.

a p p lic a tio n .

Farson, Leach & C o.,
M U N IC IP A L B O N D S.

upon a p p l ic a t io n .

Blake Brothers & Co.,
•JS STATE STREET, BOSTON.
5 NASSAU ST., NEW Y O R K .

[Vol. LVII1.

THE CHRONICLE.

1048

Syracuse, N. Y.—(State and City Supplement, page 55.)—
offered for sale were awarded as follows : Fifty-two thousand
dollars to Sailer & Stevenson, of Philadelphia, at 101-27, and It is reported this city has sold $200,000 of water-works bonds;
$2,000 to Mrs. A. Mason, of Pottsville, at 101-50. Ten bids $100,000 at 100 375 and $100,000 at 100-125. Interest is pay­
were received for the loan. The bonds are dated June 1, 1894, able in January and July at the rate of 3% per cent, and the
and payable June 1, 1914, wi'h an option of call after June 1, bonds run 26 years.
1899. Interest is payable at the rate of 4 per cent.
Toledo, Ohio.—(State and City Supplement, page 84.)—
Fourte-n bids were received on June 11 for the $45,000 of
Ponghkcepsie, N. ¥.—(State and City Supplement, page general fund deficiency bonds of Toledo, and the loan was
53.) -F our per cent refunding bonds of Poughkeepsie to the awarded to Daniel A. Moran & Co., of New York City, for a
amount of $104,000 have been sol i at 105. Interest is payable premium of $2,170. A list of the bids is as follows:
semi-annually.
P re m iu m .
D. A . M oran & C o., N e w Y o r k ........ ...................................................$ 2 ,1 7 0 0 0
Skagit County, Wash.—Fifty thousand dollars of 6 per W.
J . H a yes & Son. C le v e la n d ............................................................. 1,985 00
cent funding bonds of this county have been sold. This is S pitzer & o ., T o le d o ............................................................................. 1 ,9 2 7 00
I llin o is T ru st A S avin gs B an k, C h ic a g o ........................................
1 ,9 1 7 00
the remainder of an authorized issue of $100,000.
N. W. H a rris & C o.. C h ica go .............................................. ............ 1 ,8 3 6 00
Stamford, Conn.—(State and City Supplement, page 40.) Street, W ykes & C o., N ew Y o r k ........................ .............................. 1 ,7 5 5 00
e rm a n -A m e rica n In v e stm e n t C o., N ew Y o r k ............................ 1 ,5 7 5 0 0
—Bids will be received until July 1 for $50,000 of 4 per cent GP arson,
L e a ch & C o., C h ic a g o ............................................................. 1 ,5 5 7 00
20-year gold bonds of the city of Stamford. The assessed R. K le y b o lte A C o., C in cin n a ti............................................................ 1 ,4 6 7 50
value of the taxable property of the town of Stamford is C ushm an, F ish er & C o ., B o s to n ............................. ......................... 1 ,4 1 7 5 0
L e w is A Co., C h ic a g o ............................................................... 1 ,4 1 7 50
about ten million dollars. The real value is at least three SMeason,
g ood & M a yer, C in cinnati
............................................... 1 ,3 5 9 00
times that amount. Nine-tenths of this property lies within Z. aT.son
L e w is, D a y to n ................................................................................. 1 ,2 7 5 00
the city limits. The total present bonded indebtedness of the L am pr c h t B os., C le v e la n d ................................................ ...............
8 32 50
T h is l o a n is d a t e d A p r i l 2 0 , 1 894, a n d r u n s 2 0 y e a r s .
In ter­
town is $190,000, with $6,000 in the sinking fund and the total
e s t a t th e ra te o f
p e r c e n t is p a y a b le s e m i-a n n u a lly , b o th
present bonded indebtedness of the city $75,000.
p r i n c i p a l a n d in t e r e s t b e i u g p i y a b l e a t t h e I m p o r t e r s ’ &
St. Paul, Minn.—(State and City Supplement, page T ra d e rs ’ N a t i o n a l B a n k , N e w Y o r k C it y .
109) -In reference to a newspaper report that St. Paul was
Treuton, N. J.—(State and City Supplement, page 63.) —
about to issue $150,000 of bonds. City Comptroller J. J. McTemporary improvement bonds to the amount of $35,000 have
Cardy writes the Chronicle as follows :
“ Our Charter at present forbids the issue of any bonds except been authorized by the Council.
Uuiou County, Pa.—(State and City Supplement, page
about $100,000 that was authorized for a special purpose, but
we have not yet issued these, and will not probably do so for 71.)—Four per cent courthouse bonds of this county to the
some time. This rumor may have originated from the fact amount of $36,000 have been sold at 100-66.
that we issue certificates of indebtedness, anticipating the
Vicksburg, Miss.—(State and City Supplement, page
collection of taxes, of which I have given you the record of 171.)—Sealed proposals will be received at the office of Mayor
sales. W e are a little proud of the sales that we made May W. L. Trowbridge until the second Monday of July, 1894, for
15th, when we sold six per cent fourteen months paper for the sale to the city of her 5 per cent bonds of the issue of Feb­
enough premium to reduce the rate to four per cen t/’
ruary 1, 1878, in any sum from $50 to $10,000.
South Bend, Ind.—(State and City Suplement, page 90.)
W ilkinshurg, Pa.—(State and City Supplement, page 71.)
—Fifteen thousand dollars of water-works extension bonds —An election will be held on July 24 to vote on the proposi­
tion to issue street improvement bonds for $100,000.
have been voted.
N E W

LO A N S.

N E W

German-American
Investment Co.
52

W A I ili S T ., N E W Y O R K .

(Ground Floor, opposite Custom House.)

Chicago Office: 6 0 7 Tacoma Building.
W e own and offer subject to sale:
$50,000 CITY OF DENVER, COL., 4s.
50.000 ASBURY PARK, N. J., 30 year 5s.
50.000 AURORA, ILL., 6s.
100,000 CITY OF CEDAR RAPIDS, IA., 4^s.
and other choice Municipal Bonds for investment
by Savings Banks and Trust Funds.
Prices and descriptive circulars on application.

Choice Commercial Paper, Foreign E x­
change, T ravelers’ and Commercial Credits
also dealt in.
•Special Attention to the Incorporation,
Organization and Capitalization ol M eri­
torious Financial, Industrial and T rans­
portation Enterprises, if presented for con­
sideration by P R IN C IP A L S or accredited
representatives.

WE

Dealers in MUNICIPAL BONDS.
Street Railway Bonds and other high grade In­
vestments.

40-42 Wall St.,

1st Mortgage on 3 2 0 Acres R e a l Estate.
Land Valued at........... $500,000
Capital Stock................. 688,100—Paid up.
Surplus.......................... 60,383 04

53 Broadway, N ew York.
S p e c ia ltie s :

K leybolte

&

C o .,

In v e s tm e n t B a n k e r s ,
3 0 W est Third Street,

Cincinnati, Ohio.

Choice Investment Bonds o f Cities,
Counties and School Districts.

SPECIAL CIRCULARS ON APPLICATION.

W. J. Hayes & Sons,

LISTS MAILED UPON APPLICATION.

C I T Y

BANKERS,

311-313 Superior St., Cleveland,
7 Exchange Place,
BOSTON.

4 0 -4 2 W a ll Street,
NEW Y O R K .

Municipal Bond List on Application.

B O N D S

Netting from 4 Per Cent to 6 Per Cent.
Write for description of choice securities issued
by cities of good financial standing, with population
ranging from 20,000 to 150,000.

WE

O FFE R

C.
M U N I C I P A L

H.

W H IT E

B O N D S

IN V E S TM E N T .

&

C O .,

B A N K E R S,
72 B R O A D W A Y ,

-

N EW

YO R K .

Particulars upon Application.

Street, W y k e s
44 W A L L S T R E E T .

-

&

C o.,

NEW Y O R K .

James N. Brown & Co.,
BANKERS,
-

NEW Y O R K .

MUNICIPAL, COUNTY, SCHOOL AND
TOWNSHIP BONDS

BOUGHT

AND

&

W H IT E ,

Successors to
EUGENE R. COLE,
S T A T IO N E R S A N D

P O IN T E R S .

Supply Banks, Bankers, Stock Brokers and Cor­
porations with complete outfits of Account Books
And Stationery.
fS^New concerns organizing will have the!
orders promptly executed.

M o. 1 W I L L I A M
SECURE

BANK

STR EET.
VAULTS.

SOLD.

MORTGAGE LOANS
IN

M U N I C l P A Ei,
R A I L W A Y
and
STOCK S.

LO A N S.

Price par and interest, subject to advance.

6 2 Cedar Street,

Edward Morton & Co.,

HANK

R udolph

K e l l e y Isl and L i m e & T r a n s p o r t
Company
6 PER C E N T G O LD BONDS.

New York,

Cable Address, “ KENNETH.”

STR EET

N E W

S E A R S

B A N K E R S,

3 1 1 -3 1 3 Superior St.,
Cleveland.
7 Exchange Place.
Boston.

OFFER

$50,000

FOR

W. J. Hayes & Sons,

LO A N S.

K O M IS

ATLANTIC MUTUAL SCRIP-CITY RR.-GAii
BANK—INSURANCE—TRUST CO.’S STOCKS, At

J, P. Wintringham, 86 Pine St,., N. V

TEXAS.
7 Per Ceut and 8 Per Cent Net.
NO COMMISSIONS charged borrower or lender
until loans have proven good.

F R A N C I S S M I T H & C O .,
SAN ANTONIO. T E X A S .

GE N U IN E
WELDED CHROME STEEL AND kK< f>
u Round and Flat Bars and 5-ply Plates and a.nui«t
FOR SAFES, VAULT8, <fcc.
Cannot be Sawed Cut, or Drilled, and positively
Burglar-Proof.
C H fttO iflE S T E E L .

oie lau’f’ers lathe D. i.

W O R K S,

U t O J K L f .N . N.