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ijmmt«i»l4r tmudi
fin a n c ía t e
AN D W
H U N T ’S
MERCHANTS’
&
W ftfe lg
M AGAZINE,
§ fw s ip a jjf» ,
BBPRBSBNTING THE INDTJSTKIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Bntorad «MxywcUwg to A c t of Congress, In the year 1892, b y W * . B. D a n a & Oo., in the
Ifitmtxjcial.
to
Ifitm ucial.
Ifitm ttJ C ia X .
A M E R IC A N
Bank Note Company,
86 TR IN ITY PLACE,
N EW YO RK .
Emerson
S O L ID
S IL V E R .
M ’f ’g C o .,
E N G R A V IN G A N D P R IN T IN G ,
B A N K NOTES, SH AKE C E R T IF IC A T E S , BONDS
F O B GOVERNMENTS A ND C ORPORATIONS,
DRAFTS, CHECKS, B IL L S OF EXCHANGE,
STAMPS, Ace., lit the finest and most artlstte style
F R O M ST E E L P L A T E S ,
Special papers manufactured exclusively for
use of the Company.
SAFETY PAPERS.
W ork Executed In F ireproof Buildings.
LITHOGRAPHIC AND TYPE PRINTING.
B A IL W A T T IC K E T S OF IM P R O V E D S T Y LE S .
Show Cards, Labels, Calendars.
JAMES MACD0N0U6H, President.
AUG. D. SHEPARD, i Ulnft
T0UR0 ROBERTSON, [ V,oe*Pres dw,t#*
THEO. H. FREELAND, Sec’y and Tress.
JNO. E. CURRIER, Ass’t Sec’y.
J. K. MYERS. Ase’t Treas.
Jo h n L . W illiam s & Son,
AND 9 MAIDEN LANE.
Fahnestock &
2 W a ll Street, Mew Y ork.
T h e National Park Bank
o f N ew Y o rk .
88, 000,000
C apital,
S u r p lu s ,
-
$ 8 ,8 0 0 ,0 0 0
S U P E R IO R C O L L E C T IO N F A C IL IT IE S .
B U Y A N D S E L L F O R E IG N E X C H A N G E .
E X T E N S IV E
SAFETY VAULTS FOR
T H E C O N V E N IE N C E ! O F D E P O S
IT O R S A N D IN V E S T O R S .
E T Entrance enly through the Bank. AE1
Eb e n e z e r
. W r ig h t , President.
A r t h u r L e a r y , Vice-President.
S. H ic k o k . Cashier.
E d w a r d J. B a l d w in , Ass’t Cashier.
k
S O U T H E R N IN V E S T M E N T S ,
R IC H M O N D , VA.
T iia n s a o t a G e n e r a l B a n k in o B u s i n e s s . N e g o t ia t e
H .R. & M u n i c i p a l Lo a n s . C o r r e s p o n d e n c e I n v it e d .
Our M ANUAL OP IN VESTM EN TS
largest work o f the kind published by any Banking house in
America, Oreáis to clients A correspondents; toothers, $3 a copy
“ *Most elaborate, handsomest and most neefal work treating
upon Southern properties whieh ever came to notice.”—Boston
Herald, m wWorth its weight In gold.”—Norfolk Landmark
" Reoognized as standard authority, and holds a high reputation
both in Europe and United States.
Washington Post^ ** Th*
States, cities, railroads, and ether properties of the South art
described wifcn a dearness and minuteness of detail of great ralu*
to investors/’—-Jf. T. Jonm. of Commerce. if A complete ftnauoi»'
and industrial record of the Southern States.”— O. Times-JBem
9 tfe know of no other work to compare with this Manual for the «
tsnt
varied of information it oontaina.”—Money, Lon., Ka«
DIRECTORS.
Charles Scribner,
Arthur Leary,
Edward C. Hoyt,
Eugene Kelly,
Edward B. Poor
Ebenezer K. Wright,
Joseph T. Moore,
W. RookhiU Potts.
August Belmont,
Stuyvesant Fish,
Richard Delafield,
George S. Hart,
Wilson G. Hunt,
Charles Sternbaeh,
Francis R. Appleton
W illiam A . Lom bard,
150 B R O A D W A Y , M E W Y O R K .
Offers for sale Choice Bonds and Mortgages.
T H E F O U R T H NATIONAL.
B A N K O F T H E C IT Y OF N E W
YORK
O FF E R S
TO
DE
POSITORS E Y E R Y F A C IL IT Y
W H IC H T H E I R BALANCES,
BUSINESS A N D
R E SPO NSI
B IL IT Y W A R R A N T .
United States
National Bank,
NEW
YORK.
J a m e s H . P a r k e r .......................... P re sid e n t.
H e n r y C. H o p k in s ............. ............. C a s h ie r.
C a p it a l an d S u rp lu s , 8 1 ,0 0 0 ,0 0 0 .
A C C O U N T S IN V IT E D .
C o .,
BANK ER S AND BROKERS,
G eorge
tip'
Ra m s a y T u rnbull
Member N. Y . Stock Exchange.
With SPECIAL 8AFKGIURD8 to PREVENT COITNTFIIFEITI1M).
B AAND
NDEALERS
KER
S,
IN
BONDS.
Broadway & 19 th St.,
E n g r a v e r s a n d P r in t e r s or
B O N D S , PO STAG E & REVENUE 8 T A M P 8 ,
LE G A L T E N D E R A N D N A T IO N A L B A N K
NOTE8 o f the UNITED 3 T A T E 8 ; and for
Foreign Governm ents.
••J
T u rnbull,
W . K . B. Em er so n ,
R e o rg a n iz e d 1879.
S A F E T Y CO LO R 8.
&
BANKERS AND BROKER»
80 B K t A D W A Y .
GORHAM
Business F o u n d ed 1795.
T.»l»r,nr«>rrt under Lews of the State of New York, I t U .
O .]
NO. 1,408.
N E W Y O K E , J U N E 18, 1892.
Y O L. 54.
78
Office of the Librarian o f Oongreee, Woehlngten, D .
A S P E C IA L T Y -N E W Y O R K CITY A COUNTRY
BANK
STOCKS,
N ettin g P u r c h a s e r s 4 to 1 0 P e r C e n t .
SEND FOR QUOTATIONS.
Equitable M ortgage C o.
C a p it a l, 8 8 ,0 4 9 ,5 5 0
S u rp lu s , 8 8 0 0 ,0 0 0
A ssets, 8 1 4 ,0 7 4 ,8 1 3 *5 6 .
INVESTMENT SECURITIES.
M U N IC IPAL BONDS.
R e tu rn in g from 3 3 -4 to 6 P e r Cent.
Supply selected investment bonds fo r cash or in
exchange fo r marketable securities.
Execute commission orders for investors at the
Stock Exchange or in the open market.
Furnish information respecting bonds.
E m e r so n
m c m il l i n .
H e n r y B. W il s o n .
Emerson McMillin & Co,
40 W A L L S T R E E T , N E W Y O R K .
Negotiations Conducted for Purchase and Sale o f
G a s , E lectric, W a t e r , S tree t R a i l w a y , C o a l,
I r o n an d I n d u s tria l P ro p e rt ie s .
Securities negotiated only upon personal examina
tion o f property.
Sheldon & Binney,
BANKERS,
28 Westminster St., Providence, B. I.
Transact a General Banking Business. Dealers in
Stocks, Bonds and Local Securities.
P R IV A T E T E L E G R A P H W IR E S TO N E W Y O R K
A N D BOSTON.
C h a r l e s H . Sh e l d o n , J r .
W i l l i a m b i n n e y , Jr .
P I T T S B U R G ,
P A .
ESTABLISHED 1871.
W hitney & Stephenson,
B AN K E R S A N D BROKERS,
N o . 57
FOUR TH
AYEN LB.
Oldest Pittsburg members N Y S t «* E x oxange
H e n r y G. Ca m p b e l l , > Members N. Y . Stock
Bo r d e n H a r r im a n , >
Exchange.
H. G . Cam pbell & C o .,
BANKER S AND BROKERS,
9 N e w S tre e t a n d 7 4 B r o a d w a y ,
NEW YORK
H atch & Foote,
7 PINE 8TREET, NEW YORK.
D iY E S T M E F f SEC U R ITIE S,
R . T . W ilson & C o .,
B A N K E R S A N D CO M M IS SIO N M E R C H A N T S
6 PER CENT DEBENTURE BONDS,
S3 W a l l S tre e t, N e w T e r i h
Valuable book about investments sent on appli
cation.
OFFICES:
A . J , W eil & C o .,
4 0 W a l l Street, N e w Y o r k .
117 D e v o n s h ire S tree t, B o sto n .
* C o r. 4 th 4k Chestnut Streets, P h ila d e lp h ia .
IN V E S TM E N T S EC U R ITIES ,
96 Broadway, New Terk, and St. Louis.
THE CHRONICLE^
Il
Sank*** and §*awe*s ui g0t?eign gstfrange.
N EW
YORK.
B A R I N G , M A G O U N & CO.,
1 5 W A L L ST., NEW YORK,
SUCCESSORS TO
B rexel, Harjes & Co.
KIDDER, PEABODY & CO., NEW YORK,
Cor. o f 5th A Chestnut Sts. 31 Boulevard Haussmann.
Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available in all parts o f the world.
Brexel
Co.,
&
P A R IS .
P H IL A D E L P H IA
DOMESTIC A N D FOREIGN BANKERS.
Deposits received subject to Draft. Securities
bought and sold on commission. Interest allowed
on Deposits, Foreign Exchange, Commercial Credits*
Cable Transfers, Circular Letters fo r Travelers,
available in all parts o f the world.
A t t o r n e y s a n d A g e n ts oe
M e s s r s . J . S. M O R G A N & C O .,
No. 22 O L D B R O A D STR E E T, L O N D O N .
Agents and Attorneys of
BARING BROTHERS & CO., L imited ,
LONDON.
KIDDER, PEABODY & CO., BOSTON.
Choice Investment Securities.
Brown Brothers & Co., August Belmont & C o .,
P OTT,A.
N E W YORK.
BOSTON.
5 9 W a l l St.
A L E X . B R O W N & SONS, B A L T IM O R E .
CONNECTED B Y PRIV ATE WIRE.
Members N. Y., Phlla. and Baltimore Stack Kxch’s.
Buy and sell first-class T
Investment Securities fo r I n x r p c f T n P n t
customers.
Reoeive ac- A 1 A V v . o L i l l v i i t
counts o f Banks, Bankers,
. .
Corporations, Firms and individuals
on
favorable
O C L U 1 IL iC o .
terms. Colleot drafts drawn
abroad on all points In the United States and Cana
da, and drafts drawn In the United States on foreign
countries.
TJ _ / C L L C I o
C
Buyand8eUBiU*ofBxohange
ana ma^e cable transfers on
Of
j .
r e a i t .
all points. Issue Commercial
and Travelers’ Credits available
in all parts o f the world.
B R O W N , S H IP L E Y & C O „ L O N D O N .
Geo rg e Co p p e l l ,
T hom as Ma it l a n d ,
Ge r a l d L. H o y t , Member o f N. Y . Stock Ex.
M aitland, Phelps & C o .,
22 A N D 24 E X C H A N G E P L A C E ,
NEW YORK.
Orders executed fo r all Investment Securities. A ct
as agents o f Corporations, and negotiate and Issue
Loans.
Messrs. Smith, Payne
A Smiths, London;
B IL L S OF BXCHANGB
TE L E G R A P H IC
TRAN SFE RS
LE T TE R S OF
CREDIT.
r ON i
Messrs. Mallet Frere
& Cie., Paris;
Banco Naclonal de
Mexloo, Mexico, and
its Branches.
AGENTS FOR T H E B A N K OF A U S T R A LA S IA ,
J . Kennedy T o d & Co.
No. 45 W A L L STR EE T, N E W Y O R K .
Deposits reoeived subject to draft, and interest
allowed on balances.
OFFER INVESTMENT SECURITIES.
Bonds and Stocks bought and sold on commission
on all American, Canadian, British and Dutch
markets.
Transfer o f Stock and Bonds. Payment and col
lection o f Dividends, Coupons and Interest W ar
rants. Foreign Exchange and Cable Transfers on
London and Paris.
J
M UNROE
&
C o .,
N o . 32 N a s s a u S tree t, N e w Y o r k .
N o , 4 P o s t O ffic e S q u a r e , B o s t o n .
Issue Circular Letters o f Credit fo r Travelers’ Use
Abroad against Cash or Satisfactory
Guaranty o f Re-payment.
E x c h a n g e o n L o n d o n , P a r is , B e r lin ,
Z u r i c h a n d S t. G a l l .
Cr e d it s Op e n e d
and paym ents
BANKERS,
No. 23 N A S S A U S T R E E T ,
A g e n ts a n d Co r r e s po n d e n ts of t h e
M e s s rs . R O T H S C H I L D ,
L o n d o n , P a r is , F r a n k f o r t a n d V ien n a .
Issue Circular Credits for travelers available in
all parts o f the world.
ALSO COMMERCIAL CREDITS.
Draw Bills o f Exchange and make Cable Transfers
to Europe, W est Indies, Mexico and California.
Execute orders fo r the purchase and sale o f Invest
ment Securities.
C uvier, M organ & C o .,
SUCCESSORS TO
J O H N P A T O IS
A
CO .,
N E W Y O R K O F F IC E :
N o s . 5 9 a n d 61 W A L L S T R E E T .
W A L T E R W ATSON, )
R. Y . H u b d x n ,
S. A . Sh x p h n b d ,
Ma d e
by
Ca b l e
Schulz & Ruckgaber,
BANKERS,
W IL L IA M
STREET, N E W YO R K ,
Correspondents o f the
In te r n a tio n a l B a n k o f L o n d o n (L im ited ),
> Agents.
)
Buy and sell Sterling and Continental Exchange
and Cable Transfers; grant Commercial and Travel
ers’ Credits available In any part o f the world
Issue drafts on and make collections In Chicago and
thronghont the Dominion o f Canada
L o n d o n O ffic e , N o . 2 2 A b c h u r c h L a n e .
Merchants’ Bank of Canada
C a p it a l Stock P a id u p ...... .........8 5 ,7 9 9 ,2 0 0
R e s e rv e F u n d .............................. 8 2 ,6 3 5 ,0 0 0
Henry Hague and John B. Harris, Jr.,
AGENTS,
6J. W A L L
STR EET, N E W
YORK.
B U Y A N D SE LL ST E R LIN G EXCHANGE, C AB LE
TRANSFERS, BTC.
Iss n e C om m e rc ial C re d its a v a il a b l e In a ll
P a r t s o f th e W o r l d .
Canadian Bank of Commerce
C a p it a l an d S u r p lu s .................. 8 7 ,0 0 0 ,0 0 0
ALEX. LAIRD and WM. GRAY,
52 'W i l l i a m S tre e t, N e w Y o r k .
Accounts and Agency o f Banks, Corporations
firms and Individuals received upon favorable terms
Dividends and Interest collected and remitted.
A ct as agents fo r corporations In paying coupons
and dividends; also as transfer agents.
Bonds. Stocks and Securities bought and sold on
commission at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
AG ENTS.
16 E X C H A N G E P L A C E , N E W Y O R K .
B U Y A N D SE L L S TE R LIN G EXCHANGE, C AB LE
TRANSFERS, BTC.
Iss u e C o m m e rc ial C re d its a v a ila b le In a ll
P a r t s of the W o r l d .
Canadian currency bought.
__
Drafts drawn on and Collections made at all points
In Canada.
T H E U NIO N B A N K OF LONDON,
B R IT IS H L IN E N CO. B A N K . LONDON A N D
SCOTLAND.
Imperial Bank of Canada.
D RAW ON
J . & W .Seligm an & Co.
BANKERS,
N O . 23 B R O A D S T R E E T ,
N ew Y o rk .
Issue Letters o f Credit for Travelers
On SE LIG M AN BROTHERS, London.
8E LIG M AN FRBRES A CIE;, Paris.
SELIG M AN A STBTTH B IM E R, Frankfurt.
ALBBERG, GOLDBERG A CO., Amsterdam.
A L T M A N a STBTTH B IM E R, Berlin.
Payable in any part o f Europe, Asia, Africa, Aus
tralla and America.
„ ,
Draw Bills o f Exchange and make Telegraphic
Transfers o f Money on Europe and California.
C A P I T A L (p a id up)
8 i , 9 0 0 ,0 0 0
S U R P L U S ............................
9 5 0 ,0 0 0
H . S. H O W LA N D , Pres’t.
T. R. M E R R IT T , V.-P.
D. R. W IL K IE . Cashier.
H E A D O F F IC E , T O R O N T O u
B r a n c h e s i n On t a r i o .—Essex, Fergus, Galt,
Ingersoll, Niagara Falls, Po rt Colborne, ^ . Cath
arines, St. Thomas, Sault Bte Marie. Welland,
Woodstock, Rat Portage. _
^ _
, _ ____
T o r o n t o —W ellington Street Yonge and Queen
Sts., Yonge and Bloor Sts.
BRANCHES i n N o r t h w b s t —Winnipeg. Brandon.
Calgary, Portage la Prairie, Prince Albert, Hdmont0nAgents In London:
I Agents In New York,
Lloyd’s Bank, limited. I BANK OF MONTREAL.
Collections promptly made in any part o f Canada«
D raw ers o f S terlln s E xch an ge,
AGENCY
5 South W illiam
OF
THE
B ank
OF
B ritish N orth A merica,
BANKERS,
Street, New York
L E T T E R S O F C R E D IT
a v a ila b le e v e ry w h e re .
DRAFTS
on a l l p a r ts of the w o r ld ,
TRANSFERS
by m a ll a n d te le g ra p h .
N o . 52 W A L L
STR EET.
Buy and sell Sterling Exchange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland
also on Canada, British Columbia and San Fran
l.A K
N O T E S Issued Id Pounds BUsr-
Europe, China, Japan, East and W est Indies mid she
Brazils, River Plate, Ao.
•
bk
Bills collected and other banking business t r u e
Kessler & C o .,
BANKERS
54 W A L L S T R E E T , N E W Y O R K "
Buy and Sell R ills o f Exchange and
Cable Transfers en a ll the P rin
cipal European Cities.
ISSUE COMM ERCIAL A N D
TRAVELLERS
CREDITS, B U Y A N D SE LL R A IL R O A D
STOCKS, BONDS A N D IN V E S T M E N T SE
CURITIES.
A C T AS F IN A N C IA L
AG ENTS FOR CORPORATIONS.
P a r t s H o u s e —M U N B O E & C O .
Kountze Brothers,
BANKERS,
MO B R O A D W A Y, Equitable Building, N E W Y O R K
29
le t t e r s o f
Jota. B e re n b e rg , G e s s le r & C o., H a m b u rg ,
B rem e n B a n k , B rem e n .
M a r c n a r d . K r a u s s & Co., P a r le .
Commercial and Travelers’ Credits.
Bills o f Exchange,
Cable Transfers.
NOTES
lu u ed fo r the use o f travelers In all parte o f the
world. Bills drawn on the Union Bank o f London,
Telegraphic transfers made to London and u
various places in the United States. Deposits re
eelved, subject to check at sight, and Interest
allowed on balances, Government and other bonds
and investment securities bought and sold on com
mission.
[ESTABLISHED 1818.]
C A P I T A L P a i d in - - 8 1 2 ,0 0 0 ,0 0 0 G o ld
URPLUS
. . . .
SO,0 0 0 ,0 0 0 G o ld
H E A D O F F IC E , M O N T R E A L .
HON. Sir D O N ALD A . SM ITH, President.
B. S. CLOUSTON, General Manager.
A L B X ’R L A N G , Ass’t General Manager.
Knauthy Nachod & Kühne,
BANKERS,
OHN
G u m tä te m g a w k s *
Bank o f M ontreal,
D rexel, M organ & C o .,
W A L L STR EE T, C O R N E R O F B R O A D ,
[Vol . U T .
c r e d it a n d
c ir c u l a r
H ong K o n g & Shanghai
B A N K IN G C O R P O R A T IO N .
Paid-up Capital................ .............$10,000,000 00
Reserve F u n d ............ ...............
O,soo,ooo eo
Reserve Liability o f Proprietors........ I®.®00«®00 ®®
The Corporation grant Drafts, Issue Letters of
Credit fo r use o f travelers, and negotiate or eolleet
Bills payable at Bombay, Calcutta. Singapore,
Saigon, Manila, H ong Kong, Fooghow, Amoy
Ningpo, Shanghai, Hankow, Yokohama, Hlogo,
3an Francisco and London.
A . M . T O W N S E N D , A g e n t , 5 0 W a l l S t.
The Bank of Australasia
(Incorporated by Royal Charter, 1836.)
N o . 4 T h r e a d n e e d le S t r e e t , L o u d e n .
Paid-up Capital, £1,600,000: Reserve Fund, £800,*
000. Reserve Liability o f Proprietors under the
charter, £1,600,000.
'j*? _
Letters o f Credit and Drafts issued ou eny o f the'
numerous branches o f the Bank throughout Aus
tralia and Ngw Zealand. Bills negotiated or sent
for collection. Telegraphie transfers mada
Deposits reoeived in London at Interest for fixed
periods, on terms which may he ascertained on ap
plication.
P R ID E A U X SELBY, Secretary.
Jims 18, 1892,]
THE
id
C H R O N IC L E D
' g o t t i i& tim
g iu m x tia X .
g O X Z lQ X l.
The National Provincial
T h e U nion Discount Co.
FO O TE & F R E N C H ,
BANKER8
Trustees
&
Assets
Corporation
of London, L im it’d.
LIMITED,
48
89 Oornhill, London, M ar 13,1892.
C a p it a l S u b s c rib e d .................... ,$ 0 , 3 0 5 , 0 0 0
P a id u p ..... ..................................... 3 ,1 5 3 ,5 0 0
R es erv e F u n d ..............................
9 7 0 ,0 0 0
94 8 5 - S i .
NOTICE IS H E R E B Y G IVEN that the RATES
of INTEREST allowed for money on deposit are as
follows:
London, England.
C a p it a l su bsc rib e d ...............£ 1 0 1 ,6 5 0
C a p it a l c a lle d u p .................
6 1 ,1 9 0
Is prepared to act as Trustee for Debenture Holders,
Correspondent o f American Banks and Trust Corpo
rations, and as Financial Agent in Europe for Rail
ways, Docks, Waterworks, Tramways and other In
dustrial Companies.
GEO. W . 8CHOENFELD, Manager,
A T C A LL, K PE R CENT.
A T 3 te 7 D A Y S ’ N O T IC E , % P E R C E N T .
The Company disoounts approved bank and mer
cantile acceptances, receives money on deposit at
rates advertised from time to time in the London
Paris and Berlin papers and grants loans on ap
proved negotiable securities.
C H R IS T O P H E R R . N U G E N T , M anager
Blake, Boissevain & Co,,
LONDON, E N G L A m
N e g o tia te Railway, State and City loans.
E x e c u te orders for bonds. Shares, etc., on Com
mission and transact a general Banking an
Commission Business.
S p e c ia l a tte n tion given to the exeoutlon of
orders for Securities on the New York, Lon
don and Amsterdam Exchanges, in corres
pondence with
BLAKE
BROTHERS
&
CO.
5 N a s s a u S tree t, N e w Y o r k ,
28 S ta te S tree t. B o s t o n , M a s s .,
AND
A D O L P H B O ISSE V AIN & CO.
A m s te rd a m , H o lla n d .
g a îx k s .
T H E N E W YORK
Produce Exchange Bank,
Transacts a general hanking business.
Receives accounts of banks, ban.kersandoorpora
tlons upon favorable terms.
Issues certificates of deposit hearing interest.
Solicits mercantile and personal aooounts.
Bills of exchange drawn on, and cable transfers
made through, T H E CITY BANK , Limited,
LONDON.
Circular letters of credit issued for travelers’ use
in foreign countries; also commercial credits.
Acoounts of foreign hankers received and col
leotions in the United States made on favorable
terms. Agents in New York of the
BANCO N AC IO N AL DU CHILE.
Bank o f Buffalo,
B U F F A L O , N. Y ,
G E N E R A L RESERVE D EPO SITA RY,
By special appointment o f the Superintendent o f
Banks, New York State.
8. 8. Je w e t t , Pres’t.
W m . 0. Co r n w e l l , Cash’r,
C a p it a l..... $ 3 0 0 ,0 0 0 I S u r p lu s ....-8 3 2 5 ,0 0 0
This Bank has superior facilities fo r making Col
lections in and out o f the city on the most liberal
terms, and with careful attention to the best inter
ests o f its correspondents.
T h e R a ilw a y Share Trust N ew Orleans Canal &
& A gen cy Com pany,
Banking Com pany,
LIMITED,
4 Bank Buildings, London, England,
S a b a e rlb e d an d P a id -u p C a p it a l, £ 0 7 1 ,3 0 0
This Company undertakes the negotiation and
tesne of Loans and Capital of companies on the Lon
don market, and acts as agent for approved Railways
or other Corporations in payment of Interest, Divi
dends, Registration of Stock, and generally, and also
as trustee for Debenture holders.
C A B LE ADDRESS. P A V Y , LONDON.
H einem ann & C o .,
62 Gresham House, E. C.,
S o licit accounts and agencies of Banks,lRallways
Corporations, Firms and Individuals upon
favorable terms; also orders for the pur
chase and sale of Bonds, Shares, &o., Ac.
on the Stook Exchange.
In te re s t allowed on Deposits, subject to 00-days
sight drafts, at Bank of England rate, and
one per cent below that rate subject to de
mand drafts.
N eg u tla te Railway, State and City Loans.
52 N e w
B road
MERCHANTS’ NATIO NAL BANK,
R IC H M O N D , V IR G IN IA .
Collections made onfall Southern points on best
terms; prompt returns.
JOHN P. BRANCH, President.
Jo h n F. Gl e n n , Cash’r. F r e d . R. Scott . Vico-Pres
Davenport & C o .,
B A N K E R S
A N D
B R O K E R S ,
R IC H M O N D , V IR G IN IA .
C o .,
S treet,
LONDON, E. C.
Correspondence solicited and Information fur
nished about Southern State, Municipal and Rail
road Investment Securities.
New York Reference—CHAS. M. FRY, Esq., Presi
dent Bank of New York, N. B. A.
C . W . Branch & C o .,
BANKERS A N D BROKERS,
St a t e B a n k B u il d in g ,
R I C H M O N D ,
V A .
Private wires connecting with Washington. Baiti,
more, Philadelphia, New York, Boston and Chicago.
New York Correspondents ; Messrs. Moore A
Schley and Prince A Whitely
H . J. v o n H b h e r t .
G. L. B o is s e v a in .
von H em ert & C o .,
BOND
AND
STOCK
R O A N O K E , VA.
INTEREST ON DEPOSITS. C AB LE TRANSFERS.
S O U T H E R N IN V E S T M E N T S E C U R IT IE S
2 Princes Street, London, E.C.,
Execute orders for the purchase and sale of
Bonds, Stocks, Ac., on the Stock Exchange; reoelve
accounts and Agencies of Banks, Railways, Corpo
rations, Firms and Individuals upon favorable
terms; Commercial and Travelers’ Credits and
Ellis of Exchange on them are issued by their
Agents and Attorneys.
M08LE BROTHERS,
•9 NX CHANGE PLACE, NEW YORK.
B o sto n ,
M ass.
BONDS bought and
COMMISSION ORDERS executed In
bonds and stocks.
FOREIGN
sold.
Jo s h u a
EXCHANGE
w il b o u r .
bonght and
B e n j a m in A . Ja c k s o n
W ilbour, Jackso n & C o .,
BANK ERS A N D
No.
BROKERS,
52 W E Y B O S S E T
STREET,
P R O V ID E N C E , R . I.
Dealers in Commercial Paper, Governments and
other first-class Bonds and Securities and Foreign
Exchange.
Private telegraph wire to New York and Boston.
N oyes & Bridge.
IN V ESTM E N T B R O K E R S ,
B O STO N ST O C K E X C H A N G E B U IL D IN G ,
53 S T A T E S T R E E T , B O STO N .
Dealers in High Grade Investments.
6
and 7 p e r cent F ir s t M o rt . G o ld B onds.
Information furnished and flrst-olass corporation
securities sold on commission.
T hom as
b
. Re a.
Sa m u e l R e a .
R ea Bros. & C o .,
115
F o u rth
Avenue,
P it t s b u r g ,
Pa.
STOCKS AND BONDS.
MEMBERS OP THE
N ew
Y ork ,
P h ila d e lp h ia an d
Stock E x c h an g es.
P ittsb u rg
L O C A L SECURITIES A S P E C IA L T Y .
H enry Sproul
78
F O U R T H
&
C o .,
A V E N U E ,
P IT T S B U R G , PA.
MEMBERS o r THE
N E W Y O R K STOCK EX CH ANG E.
P H IL A D E L P H IA STO C K E X C H A N G E
P I T T S B U R G E X C H A N G E (3 M e m b e rs ).
N.
Holmes &
Sons,
BANKERS,
P IT T S B U R G , PEN N.
CORRESPONDENTS :
Bank of New York, N. B. A.
First National Bank of Philadelphia.
TH O M AS B R A N C H & CO.,
BANKERS
A N D COMMISSION M ERCHANTS
R IC H M O N D , V IR G IN IA .
Circulars and information on funding the debts of
Virginia and North Carolina free of oost; one-eights
per oent charged for funding. Southern Railroad
and State ana Citv Bonds bought and sold
W m. G . H opper & C o .,
BROKERS,
Act as Agents for American Banks and Financial
Companies. Collect Foreign Exchange and exeoute
orders on commission on the LondonMarket.
Dennistoun, Cross & C o .,
S tree t,
RAILRO AD BONDS o f conservative
issues constantly on hand.
ESTABLISHED, 1800.
LONDON.
Pierce, W right &
N E W OR LEANS, LA .
C a p it a l...$ 1 ,0 0 0 ,0 0 0 I S u r p lu s ....8 4 7 5 ,0 0 0
J. C. MORRIS, Pres.
E D W AR D TOBY, Cash,
Co r r e s po n d e n ts —Nat. City Bank, Nat. Bank of
Commerce, New York. Boatmen’s Bank, St. Louis.
N. W . Nat Bank, Chicago. Merchants’ Nat. Boston
C o n g re ««
GOVERNMENT
sold.
A SPECIALTY
W i l l i a m W il s o n & Sons , Established 1802.
W il s o n , Co ls to n & Co„
8
1807.
W ilson, Colston & C o .,
2 8 S O U T H T H I R D S T ., P H I L A .1
Sto ck s 'an d B o n d s bought and sold on Cont
usion for Cash, or carried on favorable terms.
In te re s t a ll s w e d on balances. Correspondence
soUctted.
E . W . C lark & C o .,
BANK ERS A N D BROKERS
Members of Baltimore Stook Exchange.
N o . 139 S outh F o u r t h St.,
BANKERS,
P H IL A D E L P H IA .
2 1 0 E a s t B a ltim o re Street, B a ltim o re .
Transact a general 'banking business. Allow
Investment and Miscellaneous Securities a sped
Interest on deposits.
.
alty, and whole issues handled.
Members of the Philadelphia and New York
Exceptional facilities for dealings in all daises of
Southern Bonds. Loans on .Collateral Seewlttes (took Exchangee, and m u n M by private wir«
negotiated,
* withNew Yerk. .
THE CHRONICLE.
iv
VOL. LIT,
ja n k e r s and SKirttei» to jjtettr K<reh CiteB o o d y , M c l e l l a n a.
Co.,
BANKERS,
ISamuel D . Davis & C o ., I
I
H enry
Sa m u i l d . d a y i s ,
H arrim an &
NEW YORK.
P r i v a t e W i r e s to B o ston an d P h ila d e lp h ia ,
'
BROKERS,
a em »er,«.x.D^
XI
S E C U R IT IE S .
_
*
BANKERS
IN V E ST M E N T
jNo.
,
Nicholas
T
*
C. H . HU ESTIS
„
.
(Member N. Y . Stock Exchange)
L . M. SW A N ,
E. H . LA D D , JB.,
General Partners.
O. D. WOOD, Spedai Partner.
AND
W M . M. H A R R IM A N , Member N. Y . Stock Bxohang*
N ICH O LAS FISH .
O U T E R H A R R IM A N , Jr,
No. 1 Exchange Court,
A N D D EA LE R S IN
YORK
G. B. T A IN T O R . G. D. L ’H U IL IK R . G. H . H O L T
B AN K ERS A N D BROKERS,
31 Pin e Street, New York City.
NEW
EX C H AN G E BUSINESS.
Priya te telegraph wires to Providence and Besten
IH ow ard Lapsley & C o .,
W ood, Huestis & C o .,
IN V E S T M E N T
T R A N S A C T A G E N E R A L B A N K IN G A N » BT06K
Ch a s . b . t a n N o s t k a s o ,
Member N. T . Stock Exchange
CHAS. W . MCLELLAN,
T. b o o s t .
C O M M IS S IO N
I No. 11 Wall Street, Cer. New, New Terk.
Wo. 44 W A L L ST., MEW Y O R K .
Investment Securities
DATED A. BOODT,
Co.*
&
SECURITIES A
BANKERS,
No. 10 W A L L S T R E E T ,
NEW YORK.
STREET.
D EALER S IN
C. N O Y E S ,
N EW
T
K im b a ll
J
(Established in 1865.)
&
C o . , I Southern Securities a Specialty»
*
B A N K E R S A N D BR O K E R S,
YO R K .
Haven & Stout,
! KNTRSTII r N T and MISCELLANEOUS
*
SECURITIES.
ourlties.
D e a lt In by
BANIKERS AND
R . A . Lancaster & C o .,
SP E C IA L T Y
I
Specialties fo r Tw enty Tears.
BR O AD W AY,
UJTilTTANftH BUSINESS.
BANKERS,
N O . 62 C E D A R
T R U S T C O ’S S T O C K S .
9B
a g e n e r a l b a n k in g a n d st c k k
BROKERS.
Gilm an Son & C o .,
BROOKLYN
YOR K ,
BANKERS AND BROKERS.
It r a n s a c t
M
AND
C o .,
120 B R O A D W A Y , N E W
E Q U IT A B L E B UILD IN G ,
11 W a ll Street, New York.
FINANCIAL
WILLIAM
BANKERS-*
bankers
a n d d e a l e r s i n in v b s t m b n t s b o u r it ih s ’
ST B r o a d w a y , op p osite E x c h a n g e P la c e .
P . O. BOX H7.
A. specialty, Including W ater Bonds, Car Trust
Bond» and first-class Ballway Bonds.
Pa rti ulars furnished on application.
T ain tor & H olt,
16 a n d 18 B r o a d Street, N e w Y o r k . I
I
j
1
a
it
TvCrr OC
V -»0 . ,
^
NO. 41 W A L L S T R E E T , N E W Y O B K .
BROKERS
Robertson & Jam es,
2 1 E x e k a n g e C o u r t , N . Y .J
Members o f the Consolidated Stock and Petroleum
Exchange.
t,
Members o f the
New Yi ork
Stock Exchange and o f I I^CQIIlOIlCl,
meiUUOlD
vuo Alow
V * « wwv.
fwn Philadelphia
PVill aHol nh Ia St.Oftk
I
the
Stock HiXChflllffA.
Exchange. _
K n u eH T Jf_ KTMUAT.Tj- ALFBBLD B.LOUNSBXHST.
BOYD
B u y an d S e ll R a il r o a d Stocks a n d B o n d s
STOCK B R O K E R S ,
&
Transact a general hanking business. Allow inter-
I 6SBuy and°*elf Bonds
and Stocks on the New York
Stock Bxohange or in the open market fo r cash er
■ on margin. Deal in
Dealers in Investment Securities,
BONDS
N o. 7 N A S S A U S T R E E T ,
A N D O TH E R IN V ESTM ENT SECURITIES.
a t l - 1 6 t h p e r cent Com m ission.
(Continental National Bank Building,)
ISSUE D A IL Y M A R K E T LE T T E R .
J . G . Z ach ry,
BONDS,
Railway and Real Estate Securities
and Investments.
35 W A L L
S T ., B U L L S B U I I i D I N G ,
Parkinson & Burr,
N ew Y ork .
Robert Goodbody & C o .,
30 B R O A D S T R E E T , N . Y .,
BANKERS
Stocka a n d
NEW YORK.
AND
BROKERS
Bonds Bought and
C om m ission.
S o ld on
- —
“
—
7 -------------- ,
n a W Tru m a
n
I No. 20 Broad Street, New York.
n
N o. 10 W A L L ST ., N E W Y O R K .
Orders for Stocks and Bonds executed at all Exhanges
Especial attention given to supplying high-olass
I N V E S T M E N T S E C U R IT IE S ,
Metropolitan Traction
Stock,
Controlling the
Railroad and Investment Securities.
Southern
securities a specialty
Young
46 W a ll Street, N ew Y o rk .
Member n . Y, stook asetaagf«
_______ c /n t T i i T m v n
3 0 B r e a d S tree t, N e w Y o r k .
INVESTMENT BONDS A SPECIALTY
Rolston & Bass,
STOCKS, BONDS A N D MISCE L L A NEOUS
SECURITIES
2 0 B r o a d Street*
W . H . ROLSTON,
W . A L E X . BASS, Jr.
NEW YORK.
Members N. Y . Stock Ex.
P. 0. Box 3,089.
E D W IN S. HO O LBY
Stew art B rown ’ s Sons,
[e^.c/lihiG^efc<&Co
BANKERS,
¡1 8
W A L L
STREET,
N EW
YOR K .
Members New Y ork Stook Exchange,
STOCK
BROKERS,
64 BROADWAY, NEW YORK.
Stocks and bonds bought and sold en commission
in small or large lots. Accounts solicited. Infer*
(nation promptly g i v e n . _____________ _______
E s ta b lis h e d 1 8 6 5 .
& N e l s o n , _____
MEMBERS ___
OT N E W Y O__
R K STOOK EX C H AN G E
W . H . Goadby & C o .,
Investment Securities a Specialty
T. S. Y oung, Jr., at
ROAR
Dick Brothers & Lawrence,
Simon Borg & C o .,
or
CABLE
and the principal cross-town horse car lines,
BO U G H T AN D SOLD B Y
16 B R O A D S T R E E T , N E W Y O R K .
d e a l e r s i n a l l k in d s
______
IN TE R E ST A L L O W E D ON BALANCES.
R e f e r s to R e l i a b l e B a n k s .
Correspondence Invited.
ESTA BLISH E D SINCE 1868.
Investment Bonds and Stocks, IB R O A D W A Y
N o . 20 N A S S A U ST ., N E W Y O R K ,
stocks, bonds an d in v estm en ts.
I
B. L A MONTAGNB, Jk ., Member N. Y . Stook Bxch
H e r m a n Cl a r k e .
W a l l a c e B. Sm it h .
Private wires to Philadelphia, Pittsburg, Soranton, Reading, Wilkesbarre Lancaster and Bethle
hem. Private wire to Chicago.
"B A N K E R S A N D B R O K E R S ,
JAMES B SKEHAN.
D D n iT W R fl
M A R G IN A C C O U N T S S O L IC IT E D .
1 -1 6 P e r C ent Com m ission.
M arquand & Skehan,
Member N. Y Stook Exchange
A. x m
44 and 4 6 B ro a d w a y , N e w Y o rk .
BANKERS AND BROKERS,
RUSSELL MARQUAND
Fred H . Smith,
IN TE R E S T A L L O W E D ON DEPOSITS.
Ciarte & Co.,
Jo h n H . Davis & C o ., L a Montagne,
B A N K E R S A N D BROKERS,
J
BA N K ER S AND BROKERS,
56 B R O A D W A Y , N . Y .
B O S T O N O F F I C E , 53 S T A T E S T .
I Members o f the New Y ork and Boston Stock Exchanges. Private wire between the two offloes.
Information given in regard to all Boston scour
ties, and quotations furnished
__________
R o b e r t Go o db o d v . A . L . L ute. G. B. w a t t s , Jr
W. 8, NKUK>*
I
K ifiS ¡ . t t S
I foroash or on margin, and deal In
InvestRfkt Securities.
BANK ER S AND BROKERS,
NQ' 24
B R OA D S T RE E T .
New York*
THE
J ur e 18. U&2.]
Ipu au ciaL
ffitratucial.
T H E A M E R I C A N C O T T O N O il * C O .,
C A E I i N O . 1.
b e n tu re B o n d s o f T h e A m e ric a n
Cotton O il C om pany.
NOTICE
is hereby given that $210,000 par value o f the Eight
P er Cent Debenture Bonds o f The American Cotton
Oil Company were this day drawn by lot by the Cen
tral Trust Company o f New Y ork for redemption
pursuant to the conditions upon and subject to
which these bonds have been issued. The bondslso
drawn are numbered as follows—viz.:
3287
2626
2061
1636
19
522
1175
8289
2676
2076
1646
1188
20
525
3291
2680
2101
1190
1647
35
530
3295
2708
2109
1191
1649
60
598
3311
2782
2120
1192
1650
620
81
3314
2749
2152
1652
1210
101
696
3355
2779
2165
1674
1255
712
107
2828
3358
2166
1695
1256
716
108
3880
2174
2829
1705
1262
170
717
8400
2856
2179
1263
1754
730
188
3402
2226
2908
1283
1797
190
747
8453
2235
2967
1301
1829
237
748
3458
2978
2238
1858
280
751
1348
3469
2991
2246
1860
756
1356
298
3486
3014
2267
1880
1387
327
767
3496
8024
2360
1883
830
822
1406
3502
3139
1884
2377
1427
345
826
3522
3145
2390
1888
1429
348
843
3149
3547
2397
1908
1449
360
847
3159
3598
2400
1920
856
1465
366
3608
8165
2411
1925
•889
1471
367
8647
2424
3167
1932
1484
897
433
3665
3191
2468
1943
905
1540
442
3192
3669
2469
1944
1541
934
465
3750
3193
2479
1974
1542
985
470
3203
3766
2180
1979
987
1548
475
8809
3215
2522
1986
1568
1033
477
3880
2540
3216
2002
1039
1569
478
3270
3893
2554
2020
1076
1571
483
3280
3934
1624
2055
’
1173
2577
500
These Bonds will be paid and redeemed by this
Company at par and accrued interest, with 10 per
cent added to the principal thereof, Aug. 1, 1892
upon presentation at the banking house o f Messrs.
Winslow, Lanier & Co., No. 17 Nassau Street, in the
City o f New York.
The interest upon the above-described Bonds wil
cease on and after Aug. 1,1892.
By order o f the Board o f Directors,
JUSTUS E. R A L P H , Treasurer.
F u l l paym ent « f t h e above* described bonds,
w it h in te rest a t e ig h t p e r cent p e r ann um to
A u g . 1, 189 2, be in g $ 1 ,1 2 0 fo r each $ 1 ,0 0 0
bon d, w i l l be a n ticip a te d upon presen tatio n
a t o u r office, su b je c t to a n a llo w a n c e o f in
terest at 3 p e r cent p e r annum lo r account
o f T h e A m e ric a n Cotton O il I'om p any.
W I N S L O W , L A N I E R & C O.
A s s e ts D e c . 3 1 , 1 8 9 1 .......$ 6 ,7 3 7 ,9 8 8 27
S u r p lu s ..........................
6 4 9 ,0 4 1 05
1850.
1892.
T h e United States Life
Insurance Co.
IN T H E C IT Y O F N E W Y O R K .
NEW INSURANCE WRITTEN.
1888... ..... $8,335,666 5011890...........$11,955,157
1889........... 8,463,625 00 11891........... 14,101,654:
GEO. H. BURFORD President.
( . p. F R A L E IG H ,
A . W H E E L W R IG H T
Secretary.
Assistant Secretary
WM. T. STANDEN, Actuary.
The tw o most popular plans o f L IF E IN S U R
ANC E are the C O N TIN U A B LB TE R M PO LIC Y
which gives to the insured the greatest possible
amount o f indemnity in the event o f death at the
lowest possible present cash outlay; and the
G U A R A N TE E D INCOME POLIOV. which embraces
every valuable feature o f investment insuranoe,
and which, in the event o f adversity overtaking
the insured, may be used as C O L L A T E R A L SE
C U R IT Y FOR A LOAN to the extent o f the full
legal reserve value thereof, in accordance with the
terms and conditions o f these policies.
Good Agents, desiring to represent the Company
are invited to address J . 8 . G A F F N E Y . Super
Rtendent o f Agencies, at Home Offlee.
Henry W. Donald, Auctioneer.
C R E D I T L Y O N N A I S , REGULAR AUCTION SA LE
OF
French Limited Co.,
Hunt’s Merchants’ Magazine,
SET.
Stocks and Bond?,
C A P I T A L , 2 0 0 ,0 0 0 ,0 0 0 F R A N C S .
*
A P B I E 30, 1892.
ASSETS.
C a s h ................................
$ 1 6 ,1 3 9 ,4 9 6
R ills r e c e iv a b le ................. 1 0 8 ,7 1 3 ,1 6 1
C a ll lo a n s ...........................
1 6 ,9 5 6 ,9 9 6
Accounts* C u rre n t.............
4 9 ,9 3 2 ,5 0 3
T im e lo a n s (not exceedin g
6 0 d a y s )............................
1 2 ,1 4 3 ,8 6 6
G ove rn m e n t and oth e r se
c u ritie s .............................
4 ,2 1 1 ,4 4 4
B a n k P r e m is e s ..................
6 ,0 0 0 ,0 0 0
2 ,6 6 9 ,8 0 7
S u n d ry accoun ts................
U n c a led c a p it a l................
2 0 ,0 0 0 ,0 0 0
TUESDAY, June 21, at 12:30 P. M.
22
33
24
64
26
45
00
65
00
$ 2 3 6 ,7 6 7 ,2 7 5 79
L IA B IL IT IE S .
D e p o s its .............. ............... $ 5 8 ,1 0 8 <502
A ccoun ts C u r r e n t .........
7 8 ,6 0 4 ,8 0 7
1 9 ,3 4 5 ,6 3 1
A ccep tan ces.......................
D ep o sits fo r fixed periods.
2 4 .6 2 1 ,0 5 5
S u n d ry A c c o u n ts..............
5 ,9 9 7 ,1 7 8
S u r p lu s (R e s e r v e ).............
6 ,0 0 0 ,0 0 0
S p e c ia l R e s e r v e . ;.............
4 ,0 0 0 ,0 0 0
4 0 ,0 0 0 ,0 0 0
C a p it a l................................
89
46
30
63
51
00
00
00
T o t a l ................................. $ 2 3 6 ,7 6 7 ,2 7 5 79
B ILLS RE C EIV AB LE , $ 1 0 8 ,7 1 3 ,1 6 1 33, IM
M E D IA T E L Y DISCO UNTABLE A T T H E B A N K
OF FRANCE.
A t the Real-Estate Exchange & Auction B oon ,
'Nos. 69 to 65 Liberty St.
H9I
(For account o f whom it may concern.)
15 shares Madison Square Bank, $100 each.
10 shares Real Estate Exchange & Auction Room,
Limited, $100 each.
74 shares Fourth National Bank. $100 each.
40 shares Corn Exchange Bank, $100 each.
25 shares National Bank o f Deposit, $100 each.
10 shares Western National Bank, $100 each.
18 shares New York National Exchange Bank, $100
eaeh.
60 shares Ninth National Bank, $100 each.
100 shares National Bank of Commerce, $100 each,
45 shares Market & Fulton National Bank, $100
each.
$2,000 Jersey City Improvement 7 per cent Bonds,
lias
due 1894.
$20,000 Tennessee Settlement 5 per cent Bonds, due
1913.
$10,000 Morris & Essex R. R. Co. 1st Mortgage
7 per cent Bonds, due 1914.
Lists at auctioneers’, 71 and 73 Liberty 8t.
N. B.—Sales should be received by noon on Friday
to receive the benefit o f advertising in this paper.
S T O C K S and B O N D S
A t Auction.
The undersigned
hold R E G U L A B W E E K L Y
A U C TIO N SALES o f all classes o f
A N ew Coal Field and
S T O C K S AND BO N D S
Tim ber District.
ON
The O H IO E X T E N S IO N of the N O R FO LK &
W ESTERN R A IL R O A D penetrates one o f the
most valuable eoal and tim ber districts in the
United States. The line of this extension is
193 miles in length, from Coal Grove, Ohio,
via Kenova, W. Va., to Elkhorn, W. Va., of
which 54 miles to Dunlow, W. Va., Is now
opened for business and the entire line is under
construction and w ill he completed early in the
fall of 1892. I t passes through virgin country
abounding in gas, splint, oannel, steam, coking
and domestie eoals and flre-elay; chestnut-oak,
white-oak, beech and poplar timber^ Those
looking for advantageous sites for the location
o f saw-mills or tanneries and establishments
for the manufacture of furniture, wagons, agri
cultural implements, wood-pulp, fire-brick or
manufaetured Iron articles, should investigate
the resources of this new field. The new town
of Kenova, W. Va., offers many advantages for
the location of manufacturing establishments,
also the territory opened up by the Norfolk &
Western Railroad on the north hank of the Ohio
River, between Kenova, W. Va., and Ports
mouth, Ohio. For the manufacture of finished
iron articles the district offers unequaled ad
vantages, w ith supply o f coal and Pooahontas
coke on short hauls, and with the blast fur
naces of the Ironton, Hanging Rock and Ash
land district in elose proximity. Favorable
freight rates made upon raw materials to all
manufaeturing establishment on this line.
For further inform ation as to freight rates,
maps, names o f parties to whom application
should he made for ooal leases, Ac., apply to
JO H N J. A R C H E R ,
D iv . F r e ig h t A g e n t, Colum bus, O hio.
EVERY W EDNESDAY.
A D R IA N II. M U L L E R &, SON
NO. 1 P I N E
ST R EE T , N E W Y O R K .
OFFICE OF
The Girard Life Insurance,
Annuity & Trust Co.,
OF PHILADELPHIA,
TRUSTEE N O RFO LK & W E STE R N R A IL R O A D
C O M PANY EQ U IPM EN T M ORTGAGE
D A TE D JUNE 1st, 1888.
E i g h t h P u r c h a s e o f R o n d s f o r S in k »
in g F u n d ,
P h i l a d e l p h i a , June 1st, 1892.
To Holders o f Equipment Mortgage Bonds
o f the Norfolk & Western HR. Co.:
¿V Under and fbr the purposes o f the Fourth (Sinking
«Fund) Provision o f the Norfolk & Western Railroad
Company’s Equipment Mortgage, dated June 1st,
1888, proposals are invited for the sale and delivery
to the trustee o f the said mortgage, of bonds secured
thereby. The amount held in tr.e sinking fund by
the said trustee and applicable to the purchase o f
bonds at the lowest price obtainable, not exceeding
par and accrued interest, is $70,353 78.
Proposals must be addressed to
T H E G IR A R D L IF E INSURANCE, A N N U IT Y &
TR U ST C O M PANY OF P H IL A D E L P H IA ,
TRUSTEE, N O R TH E A ST CORNER
BROAD &. CHESTNUT STS.,
P H IL A D E L P H IA .
and will be received until Saturday, July 30th, 1892,
at 3 o’clock P. M. Respectfully,
W IL L IA M N. E L Y , Treasurer.
Or
CH A8. G. E D D Y ,
V ic e -P re sid e n t, R o a n o k e , V a ,
R a n k . T r u s t C o ., G u a r a n t e e C o .,
L i f e a n d F i r e - I n s u r a n c e , G a s , E le c t r ic
L i g l i t , S tr e e t R a i l w a y a n d I n d u s t r i a l
S e c u r itie s l o c a l t o N e w a r k
D E A L T IN B Y
J.
W ANTED:
7
S. R i P P E L ,
C lin to n
S tr e e t, N e w a r k , N . J
ATLANTIC MUTUAL INS. CO. SCRIP
D e a l t in b y
W IE E IA lft B . D ANA & CO.,
AUGUSTUS FLO YD ,
1 0 2 W i l l i a m Street, N e w Y o r k .
32 F IN E S T R E E T , N E W Y O R K .
Richard V. H a rrie tts Co.
OF TH E
the h o ld ers o f the E ig h t P e r C ent D e
A COM PLETE
Address, givingpriee,
J w c t ic m s .
STA TEM E N T
29 B r o a d w a y , N e w Y o r k , May 31,1892.
T
V
C H R O N IC L E
Housatonic RR. Preferred Stock.
Burlington, la., Electric ii’y First 6s.
Milwaukee Street R ’y (©íiírolidated 5s.
Rochester Railway Bonds and Stock.
Buffalo Railway Bond- and Stock.
Syracuse Cons. St. R’y Bonds and Stock.
D E A L T IN B Y
5. H. BARROWS, 34
N ew
8^ , N ew Y ork .
Investment Securities
BO U G H T AND SOLD B Y
A . E. HACH FIELD,
7 P IN S S T R E E T , N E W Y O R K .
THE
vi
C H R O N IC L E
[Y o l. U T :
Plan o f Incom e B ond Conversion.
Atchison Topeka & Santa Fe Railroad Co.
o f f ic e : o f
the
ATCHISON TOPEKA & SANTA FE RAILROAD CO.,
P.
O. BOX 346.
NO. 95 M IL K STREET.
C IR C U L A R
B oston , May 25, 1892.
N o. 68.
TO TH E INC O M E BONDHOLDERS of the A TC H IS O N TO PEKA & SA N TA F E R A IL R O A D C O M PA N Y :
On Oet. 15,1889, Cironlar No. 63, containing Plan of Financial Reorganization of your Company, was issued.
This Plan, which was fully accepted in due course, related to all your properties, including Railways Owned 6,960'O8 and Operated
f ,178 91 miles, the dotails o f which, as w ell as the necessities o f complete rehabilitation o f the same, are fully set forth in the circular.
The Operations of this railw ay mileage for the year ended June 30,1889, w ere:—
Gross E a rn in gs.......................................................... ................................................................................................................................
$27,572,868 90
Net Earnings................................................................................................ ........... ...........................................................................
6,772,390 71
while the absolute and Obligatory F ixed Charges of the Company for the same year, including Interest on Bonds, Car Trusts,
sinking Funds, Taxes, Rentals, eto., w e r e .............................. ...... ................................................................................................ $11,200,000 00
showing an Annual Deficiency, without considering Improvements o f any kind, o f................................................... ....................
$4,427,60» 29
This condition of affairs and the existence of a large Floating Debt created the necessity fo r urgent and radical treatment through scaling
of the Fixed Charges to within the Operating possibilities o f the Railways. To accomplish this, the General M ortgage Four P er Cent Bond
with Fixed interest and the Income Seoond Mortgage Five Per Cent Bond with Contingent interest (if earned, after due regard for Im prove
ments) were created. The C h a r g e s of your Company were thus reduced to
F IX E D A N D O B L IG A T O R Y :
F O R I N T E R E S T O N G E N E R A L M O R T G A G E B O N D S , T A X E S , R E N T A L S , E T C ..........................................
C O N T IN G E N T :
$ 8 ,0 0 0 ,0 0 0 0 0
F O R I N T E R E S T O N IN C O M E B O N D S ( I F E A R N E D A F T E R I M P R O V E M E N T S , E T C .). . . ..................... $ 4 ,0 0 0 ,0 0 0 0 0
The Plan included the provision o f a Cash Fund whioh was thought sufficient for the early improvement of the properties, which would
as w ell enable some payment to be made on the Income Bonds from the beginning of operatu$is under the Reorganization.
Improvements then found absolutely necessary, whioh had been postponed from lack o f funds, were prosecuted as vigorously and
judiciously as possible, and efforts in that direction were largely reflected through the r e s u l t s , which are, exclusive o f N et Earnings from
sotiroes other than railroad operations:
IN T H E Y E A R TO JUNE 30, 1890.
$ 3 1 ,0 0 4 ,3 5 7 03
T H E G R O S S E A R N I N G S W E R E .................................................................. ......
3 ,4 3 1 ,4 8 8 13
G A I N O V E R P R E V I O U S Y E A R (1 2 4 -1 0 p e r c e n t ) ........................................
1 0 ,0 8 3 ,9 7 0 77
N E T E A R N I N G S ............................................................................................................
.3 ,3 1 1 ,5 8 » 0 6
G A I N O V E R P R E V I O U S Y E A R (4 8 9 -1 0 p e r c e n t )........................................
Y E A R TO JUNE 30, 1891.
$ 3 3 ,6 6 3 ,7 1 6 18
G R O S S E A R N I N G S ......... ..........................
6 , «‘ 9 0 , 847 28
G A I N O V E R 1 8 8 9 (2 2 1 -10 p e r c e n t)
9 ,6 2 0 ,5 4 6 54
N E T E A R N I N G S .........................................
2 ,8 4 8 ,1 5 5 83
G A I N O V E R 1 8 8 9 (4 2 p e r c e n t ) ...........
Y E A R TO JUNE 30, 1892.*
$ 3 5 ,7 7 1 ,7 0 2 0 0
G R O S S E A R N I N G S .........................................................................................................
8 ,1 9 8 ,8 3 3 10
G A I N O V * R 1889 (2 9 7 -1 0 p e r c e n t ) ......................................................................
1 0 ,8 8 6 ,2 1 8 0 0
N E T E A R N I N G S . ......... ..................................................................................................
4 ,1 1 3 ,8 2 7 2 9
G A I N O V E R 188 9 (60 7 -1 0 p e r c e n t ) ...... ...............................................................
(* P artly approximated.)
These increasing returns did not result from extraordinary crops, but reflected natural conditions from the steady growth of the country
through which your mileage extends, and are suoh as to insure confidence of the Management in their continuance. The Company is the owner
of large interests in Coa 1 and other Properties and of Securities from which a large net revenue per annum is obtained, and which, added to
N et returns from Railway Operations, make Aggregate o f Net Earnings for each of the Fiscal Years above stated, as follow s :
A G G R E G A T E N E T E A R N I N G S F I S C A L Y E A R T O J U N E 3 0 , 1 8 9 0 ................................................................... $ 1 1 ,1 9 5 ,9 1 9 56
«
«
«
«
«
“ J U N E 3 0, 1 8 9 1 ................................................. * ................
1 0 ,3 9 0 ,7 0 2 76
«
«
«
i
«
« J U N E 3 0 , 1 8 9 2 ...................................................................
1 1 ,7 3 6 ,2 1 8 0 0
In the Income Bond created under the Plan of Reorganization it is provided that it is optional w ith the Management that the cost of al
Improvements made on the properties shall he deducted before interest is paid, and, as the fund provided under the Reorganization Plan became
exhausted, these deductions had to be made, leaving a diminished rate of interest for the Income Bond coupons, viz., 2% per cent in the first
period, 2 per cent in the second and 2^e per cent now declared for the year just closing.
With the experience the Management has now obtained in operation o f the properties, it is believed that the Improvements for several
years to come should not be less than from $2,000,000 to $3,000,000 per annum, including Equipment recently acquired under Car Trust and
such other R olling Stock as may he deemed necessary for the future wants of the road.
With Improvements satisfactorily provided for, the Earning Pow er of the properties should he increased through reductions in Operating
Expenses, secured by substantial and adequate additions to Plant.
The Improvements in question relate alone to Traoks, Road-bed, Buildings, Machinery, and rolling Stock on existing mileage o f the Atchison
Topeka <6 Santa Fe Railroad System as described in C ircular 63, which excludes the lines o f the St. Louis & San Francisco and Colorado Midland
R ailw ay Companies, eaoh o f whioh has independent means for suoh purposes.
The Improvements made on the R ailway lines from Ootober, 1889 (period of Reorganization), to June 30 ,1 8 9 2 , other than R olling Stock
not built at Company’s Shops, and exclusive of Repairs and Renewals of Plant and Equipment charged into Operating Expenses (whioh more than
offset depreciation), w ill amount to $4,900,000, additional to which there were purchased in years 1890 and 1891 Cars and Engines to the value
o f .$2,508,945 48, which were placed under a Trust whieh w ill now be canceled and this R olling Stock enter directly under the Mortgage
Liens, making an aggregate o f n e w v a l u e s in Improvements and Equipment added to the property to June 30, 1892, of $7,408,945 48, to
which w ill also be included from the operations o f this Plan the additional sum of $2,500,000 in Cars and Engines now being delivered under
Equipment Trust Series A.
I t is the opinion of the Management that the time has now arrived when all of the obligations o fjth e Company oan he returned to a Fixed
Basis, sufficient funds provided to take care o f all o f the Improvements of the road required for at least four years, and if necessary, a longer
period, and at the same time the restoration o f the Junior Bonds and Capital Stock o f the Company to a more permanent and stable market value,
with assured returns on the first and probable balances for the latter.
W ith the foregoing fa ots presented, the Management offers the the follow in g to the I n c o m e B o n d h o l d e r s o f the Company:
PROPOSED CONVERSION.
A S e c o n d M o r t g a g e , under whioh the issue of bonds w ill he as hereinafter stated, dated July 1,1892, to expire July 1,1989, covering
all the properties of the Atchison and A u xiliary Companies named in Circular 63 of October 15, 1889, has been created, n ext in lien to the
General Mortgage, under which Coupon Gold Bonds in denominations o f one thousand dollars ($1,000) and five hundred dollars (*500) and
Registered Bonds of five hundred dollars ($500), one thousand dollars ($1,000), ten thousand dollars ($10,0o0), and fifty thousand dollars
($50,000) eaoh w ill issue, with F IX E D IN T E R E S T payable Ootober and A p ril in eaoh year. Scrip in denomination of one hundred dollars
($100) w ill also issue hearing interest payable when converted into Bonds.
The Bonds under this Indenture w ill all have the same security, and w ill he issued in tw o olasses, viz.:—
G L A S S “ A ” : $ 8 0 ,0 0 0 ,0 0 0 .
TO D R A W F IX E D IN TE R E S T, P A Y A B L E OCTOBER A N D A P R IL .
3 MONTHS, E N D IN G SEPTEM BE R SO, 1892......... ........................................................A T R A T E OF, P E R A N N U M ........... 2*« p. e.
1ST Y E A R , E N D IN G SEPTEM BE R 30, 1898..................
“
“
“
...........2*« p. 8.
2D Y E A R , E N D IN G 8SPTEM B E R 30, 1894.................................................................. “
|
®
3p.e.
8D Y E A R , E N D IN G SEPTEM BE R 8 0,18 9 5 .........................
“
“
“
.31«p.e.
4TH Y E A R , E N D IN O SEPTEM BE R 30, 1896, A N D T H E R E A F T E R U N T IL M A T U R IT Y .. "
"
“
4 p.c.
These hands w ill be delivered to holders of present Income Bonds, par far. par, without expense to them, and at the same time
and place such exchange is made a certificate for the sum of 21« per cent interest declared payable on Income Bonds by the Manage
ment, from operations o f the year to June 30,1892, w ill he delivered, payable September 1, 1892. The I ncome B onds deposited for
exchange should have therewith Co u p o n N o . 3 o p S bptkm bex 1,1892, and all subsequent Coupons. The Class ^A S bcond M ortgag *
*
G old B onds to he delivered in exchange for Incom e Bonds w ill have attaohed a Coupon fo r three m otths’ Interest due and payable
Ootober 1,1892, at rate of 2 m. per cent per annum, and subsequent Coupons for Interest payable Semi-annually^on April 1 and October
1, in eaon year as provided. The present Income Bonds so received w ill be deposited with the Union Trust Company o f New
York, Trustee o f the New Second M ortgage, as part of the security o f the Seoond M ortgage Gold Bonds, thus givin g to these bonds, in
addition to the Second Mortgage, the entire lien now given by the General M ortgage'to secure the principal o f the Income Bonflk.
7"
m
aK
*
*
*
g "
*
THE
J u n e 18 1892. J
C H R O N IC L E
v il
^ fin a n c ia l
A TC H IS O N TO P E K A & S A N T A FE R AILR O AD COM PANY.-(Continued.)
C L A S S “ B , ” $ 2 0 ,0 0 0 ,0 0 0 .
TO D R A W F IX E D IN TE RE ST, P A Y A B L E OCTOBER A N D A P R IL , A T 4 PE R CENT P E R ANNUM .
These bonds to be issued in no greater sum in any one year than five millions of dollars ($5,000,000), and only by the Trustee
upon certificate of the Board o f Directors of the Company duly furnished that the proceeds shall apply to speciflo Improvements
(including K pilpment) therein named on the mileage of the Atchison Topeka & Santa F6 Railroad System as it existed as of July I,
1892, exclusive of the mileage of the St. Louis A San Francisco Railway System and the Colorado Midland Railway. In the event
that the improvements in any one year shall not be equal to the proceeds of the $5,000,000 o f bonds, it is understood that the surplus
proceeds o f such bonds shall apply in the next year follow ing to Improvements fo r such year, but to no greater amount than the
proceeds of $5,000,000 of bonds in any one year, so that, while provision is made that bonds can issue in any one year to the lim it of
¡t5,000,000, the proceeds o f the same may apply to more than the four years covered by the $20,000,000 of bonds; and it is also
understood that the proceeds o f none of these bonds shall apply to the extension o f the Company’s lines beyond the m ileage
.
referred to.
*
*
*
*
*
*
*
*
*
*
*
The foregoing issues, o f which the use of the Class B Second Mortgage Gold Bonds $20,000,000 extends over a period of not less than four
years from July 1,1892, w ill amount in the aggregate to $ LOO,000,000 when all the Class B Bonds are issued, and at the end of four and onequarter years from July 1,1892, become bonds of one class only, at the same rate o f interest per annum, viz., 4 per cent. Under this new
M ortgage the right is reserved to ihe Company to issue Second M ortgage 4 per cent Gold Bonds, only after the full amount of the $20,000,000
Class B Bonds shall have been issued to an amount not in any one year exceeding $2,500,000, for the same specific purposes, on the same
m ileage and under the same conditions as provided for the issue of the Class B Bonds, to a total lim it o f $50,000,000.
Under this Plan, the Fixed charges of the Company for four years beginning with July 1,1892, with no Contingent Charges excepting
such as w ill pertain to dividends on Capital Stock, w ill be as fo llo w s :
F I X E D C H A R G E S F I R S T Y E A R , R E G I N N I N G J t l L T 1, 1 8 9 2 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e 4 p e r c e n t G o ld R o n d s , e t c . . . ........................................................... .
2 1-2 p e r c e n t o n $ 8 0 ,BOO,0 0 0 C la ss 4‘ A ” s e c o n d M o r t g a g e G o ld R o n d s .................................................................
4 p e r c e n t o n $ 5 ,0 0 0 ,0 0 0 C la s s “ R ” S e c o n d M o r t g a g e G o ld R o n d s ........................................................ *.................
T o t a l O b l i g a t o r y F i x e d C h a r g e s a h e a d o f C a p it a l S to c k , F i r s t Y e a r ,
$ 8 , 0 0 0 , 0 '0
2 ,0 0 0 ,0 0 0
2 0 0 ,0 0 0
$ 10, 200,0 0 0
F I X E D C H A H G E S S E C O N D Y E A R , B E G I N N I N G J U L Y 1, 1 8 9 3 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l 'M o r t g a g e G o ld R o n d s , e t c ..................................................................................
2 1-2 p e r c e n t I n t e r e s t o h C la ss “ A ” $ 8 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s , 3 m o s ............... $ 5 0 0 ,0 0 0
3 p er. c e n t I n t e r e s t o n C la s s “ A ” $ 8 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s , 9 m o s ....................1 ,8 0 0 ,0 0 0
$ 8, 000,000
2 ,3 0 0 ,0 0 0
4 0 0 ,0 0 0
4 p e r c e n t o n $ 1 0 ,0 0 0 ,0 0 0 C la ss *‘ R ” S e c o n d M o r t g a g e G o ld R o n d s
T o ta l.
$ 1 0 ,7 0 0 ,0 0 0
T O T A L F I X E D C H A R G E S T H I R D Y E A R , R E G I N N I N G J U L Y 1, 1 8 9 4 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e G o ld R o n d s , e t c . . ............................................................ ...................
3 p e r c e n t I n t e r e s t o n C la ss “ A ” $ 8 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s , 3 m o s ....................... $ 6 0 0 ,0 0 0
3 1 -2 p e r c e n t I n t e r e s t o n C la s s
$ 8 0 ,o 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s , 9 m o s ............ 2 ,1 0 0 ,0 0 0
$ 8, 000,000
2 ,7 0 0 ,0 0 0
6 0 0 ,0 0 0
4 p e r c e n t I n t e r e s t $ 1 5 ,0 0 0 ,0 0 0 C la ss “ R ” S e c o n d M o r t g a g e G o ld R o n d s
T o ta l
$ 1 1 ,3 0 0 ,0 0 0
T O T A L F I X E D C H A R G E S F O U R T H Y E A R , R E G I N N I N G J U L Y 1, 1 8 9 5 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e G o ld R o n d s , e t c ..................................................................................
3 1-2 p e r c e n t i n t e r e s t o n C la s s “ A ” $ 8 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s 3 m o s .............$ 7 0 0 ,0 0 0
4 p e r c e n t I n t e r e s t o n C la ss “ A ” $ 8 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s , 9 m o s ....................2 ,4 0 0 ,0 0 0
$ 8, 000,000
3 ,1 0 0 ,0 0 0
8 0 0 ,0 0 0
I n t e r e s t o n C la s s “ a ” $ 2 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s .
T o t a l ................................................................ .................................... .................................................................................
$ 1 1 ,9 0 0 ,0 0 0
T H E F I X E D C H A R G E S F O R T H E F I F T H Y E A R , A N D T H E R E A F T E R , P R O Y I D E D N O F U R T H E R IS S U E
O F SECOND M O R T G A G E RO N D S S H O U L D R E F O U N D N E C E S S A R Y , W I L L R E
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e 4 p e r c e n t G o ld R o n d s ................................................. ................... $ 8 ,0 0 0 ,0 0 0
4 p e r c e n t I n t e r e s t o n $ 1 0 0 ,0 0 0 ,0 0 0 S e c o n d M o r t g a g e G o ld R o n d s ...................................................... ........... .........
4 ,0 0 0 ,0 0 0
T o t a l ........................................................................ ............. ................. ............ ....... I .......................... ( ............................... .
$ 1 2 ,0 0 0 ,0 0 0
In case the Improvements in any o f the years above noted call for less than the proceeds of $5,000,000 Second Mortgage Gold Bonds, the
Fixed Charges w ill be proportionately lower.
This includes Car Trust, Series *■A ,” Atchison Company, in total amount $2,500,000. The first Car Trust of 1890-91 proposed to have
been issued, in amount of $2,508,945 48, has been canceled, and the R olling Stock turned in under the lien of the General Mortgage and Second
M ortgage Bond indentures.
D EPO SIT OF BONDS FOR E X C H A N G E :
IN C O M E B O N D S W IL L BE RECEIVED FOR EXCHANGE UNDER THIS P L A N , BEGINNING W ITH JU NE 1ST, 1 8 9 2 , B Y THE FO LLO W IN G APPO INTED
A g e n c ie s :—
•
■
UNION TR U S T C O M P A N Y O F NEW YORK, At Office of Atchison Company, 95 Milk St. Boston.
UNION TRUST COMPANY OF NEW YORK, 80 Broadway, New York City.
BARING B R O T H E R S $c COM PANY, LIMITED, 8 Bishopsgate*within, London, E. C j
Holders forwarding bonds from distant points in Am erica should ship them, by express, to the Union Trust Company o f N ew York, 80
Broadway, New York City.
Holders in foreign countries should ship their bonds to Baring Brothers & Company, Limited, London.
A ll expenses of transmission of bonds delivered at either o f the above Agencies w ill be paid by the Atchison Company.
Pending preparation of engraved bonds, the work upon which is proceeding with despatch, Negotiable Certificates o f the Company and
Depository w ill he delivered Income Bondholders, to be exchanged without unnecessary delay for the former in due course. Application to list
these Certificates w ill he promptly made to the several Stock Exchanges in Boston, N ew York and abroad.
Income Bond Scrip of any class w ill be received for exchange, the same as the bonds, in amounts not less than $100 and in even hundreds
or thousands.
Holders of any of the bonds called for exchange under Circular 63 o f October 15,1889, upon presenting their bonds to any o f the Agencies
mentioned, can effect the origiual and present exchanges at the same time.
T O E N A R L E T H E C O M P A N Y A N D IT S A G E N C IE S T O P R O M P T L Y j[C A R R Y O U T T H E E X C H A N G E ,O F F E R E D
H E R E I N , H O L D E R S S H O U L D D E P O S I T T H E I R IN C O M E R O N D S R E F O R E J U L Y 1 5, 1 8 9 2 .
SUBSCR IPTIO N TO SECOND M O RTGAGE 4 P E R CENT GOLD BONDS CLASS “ B.”
The Management considers at present a fair basis o f market value of tbe new Second M ortgage 4 per cent Gold Bonds Class “ B ” to be 70.
Holders o f Income Bonds depositing their bonds for exchange are invited to subscribe to any amount of $5,000,000 of these bonds, which
w ill he authorized to he issued for Improvements to be made for the first year, beginning with July 1,1892, at a price of 67, the bonds allotted
to carry all coupons for Interest at 4 per cent from July 1,1892.
Each depositor of $1,600 In Income Bonds w ill he entitled to subscribe for $100 of the new Second M ortgage Class “ B ” Four P er Cent
Bonds. In the event o f applications exceeding the total amount to be offered for subscription, the excess w ill be adjusted in proportion to the
holdings.
Arrangements have been made by which this subscription has been underwritten, a syndicate having been formed to take all the bonds not
availed ot by Income Bondholders:
SUBSCRIPTIO NS W IL L BE P A Y A B L E AS F O LLO W S :
10 P E R CENT IN CASH TO AC C O M P A N Y A P P L IC A T IO N .
25 P E R CENT U PO N ALLO T M E N T .
25 P E R CENT W IT H IN 30 D A Y S A F T E R ALLO TM E N T.
20 P E R CENT W IT H IN 60 D A Y S A F T E R ALLO TM EN T.
20 P E R CENT W IT H IN 90 D AY S A F T E R ALLO TM E N T.
P A Y M E N T S M A Y R E A N T I C I P A T E D U P O N . A N Y D A Y {U P O N W H I C H I N S T A L M E N T S A R E D U E , A N D I N
T E R E S T W IL L R E A LLO W E D 1 H E RE O N A T T H E R A T E OF FO U R P E R CENT P E R ANNUM .
The Su b s c r ip t io n L is t w ill close on the 1st o f J u l y , 1892.
A l l c a s h p a y m e n t s under this Subscription w ill be made to the A t c h is o n T o p e k a & Sa n t a F e R a il r o a d C o m p a n y , 95 M i l k St r e e t ,
B o s t o n , and at its Fiscal Agencies, Messrs. B a r i n g , M a g o u n & C o m p a n y , 15 W a l l St r e e t , N e w Y o r k , and Messrs. B a r in g B r o t h e r s &
C o m p a n y , L im it e d , B is h o p s g a t e -w i t h i n , L o n d o n , E n g ., at all of which places blanks w ill be furnished as may he required. Receipts w ill be
issued by such depositories as Agents for the Subscribers upon the understanding that the moneys received shall he held in trust, not to be paid
for the uses o f the Railroad Company until the Directors o f said Company shall officially announce that the Plan of Conversion has become
effective.
O r a l a n d w r i t t e n in q u ir ie s concerning this Plan, and applications for Circulars and blanks for use thereunder, can be made o f Messrs.
B a r i n g , M a g o u n & C o m p a n y , 15 W a l l St r e e t , N e w Y o r k Ci t y , Messrs. B a r in g B r o t h e r s & C o m p a n y , L im it e d , L o n d o n , E n g ., and of J. W.
R e i n h a r t , V ic e -P r e s id e n t A t c h is o n Co m p a n y , 95 M i l k S t r e e t , B o s t o n . B y order of the Board o f Directors.
I
33UP J . W . R E I N H A R T , Vice-President
G E O R G E €. M A G O U N , Chairman.
the
till
c h r o n ic l e
Sfitraiuciat,
f i n a n c i a l .
ffittiM C ia L
St. Paul Minneapolis & T h e St. Paul Minneapolis
& Manitoba R ailw ay
Manitoba R ailw ay Co.
Com pany’s
1st Mortgage 30-Year
5 Per Cent
CO LD
|Volu L IV .
,
FIRST
BONDS
MORTGAGE
7 PER
CENT
FIRST MORTGAGE SIN K IN G FUND
7 PER CENT LAND GRANT
LAND G fU N T GOLD BONDS.
OF T H E
Eoanoke & Southern R’y Co.
In view of the large and continuing
and Interest Unconditionally
Guaranteed by ihe
sales of lands covered by the above mort
P rin c ip a l
NORFOLK & WESTERN RR. CO,
gage and the probable further calls of the
above bonds to result therefrom, this
G U A R A N TE E EN G R AVE D ON EAC H BOND.
company offers to holders thereof the
These bonds are secured by a first mortgage o f
12 2 ^ miles of road, running from Roanoke in Vir
ginia to Winston-Salem in North Carolina, connect
ing at its Southern terminus with the Cape Fear &
Yadkin Valley Railroad and the Northwestern North
Carolina Railroad, and through these connections
reaching the Richmond & Danville, the Seaboard &
Boanoke and the Atlantic Coast lin e , thus opening
up at once a large business with the. country tribu
tary to these connections and giving the Norfolk &
Western an almost direct route South for its coal
trade from the Pocahontas fields.
W e h a v e c a re fu lly in v estig ated the b u s i
ness o f th is ro a d , and the secu rity o f the
g u a ra n te e , and recom m end these bonds a s a
v e ry d e s ira b le investm ent. T h e y a r e listed
on the N e w Y o r k and B a ltim o re Stock E x
changes.
The officials o f the company state that the com
pany is already earning more than its fixed charges
independent o f any guarantee, and that they confi
dently expect that it will earn a considerable surplus
this year.
The entire capital stock of this company is owned
by the Norfolk [& Western Railroad Company, the
guarantor o f the principal and interest o f these
bonds, which company in the fiscal year 1891 earned
a surplus o f $1,203,790 over all fixed charges. The
total amount o f this mortgage is $2,011,000, or the
rate o f $16,661 per mile, which is materially less than
the actual cost o f the road.
These bonds have been purchased by some o f the
most careful investors in Baltimore, including sev
eral o f its most conservative Institutions.
privilege of exchanging the same, dollar
W E O F FE R SU B JE C T TO S A L E O R A D
V A N C E IN P R IC E A L IM IT E D N U M B E R
OF
THESE
BONDS AT
9V6
AND
AC
C R U E D IN T E R E S T .
for dollar, for its Consolidated Mori gage
4% per cent Gold Bonds.
This Company w ill pay on First Mort
gage Bonds so exchanged a premium of
five per cent in cash— the same premium
NO. 38 ¡BROAD ST., N E W Y O R K CITY.
ation of the mortgage.
Interest w ill be
adjusted to the date of such exchange or
in case of called bonds to the maturity of
their call, and any resulting balance w ill
be paid in cash.
Holders of First Mortgage Bonds desir
ing to make this exchange will present
their bonds at the Company’s office, No.
40 W a ll Street, N ew York, in sums of
W
ESTERN
B ALTIM O R E , MD.
U N IO N
TELEGRAPH
CO.
N e w Y o r k . J u n e 8 ,1 8 9 2 .
D I V I D E N D N O . 95.
The Board o f Directors have declared a auarterly
dividend o f ONE A N D O N E-Q U AR TE R PE R
CENT upon the capital stock o f this company, from
the net earnings o f the three months ending
June SO Inst., payable at the office o f the Treas
urer on and after the 15th day o f July next, to
shareholders o f record at the close o f the transfer
hooks on the 20th day o f Juoe Inst.
The transfer books will be closed at 3 o’clock on
the afternoon o f June 20th inst. and re-open on the
morning o f July 1 next. .
R. H. ROCHESTER, Treasurer.
T > A I D W A Y E Q U IP M E N T C O M P A N Y O F
-r »'
M IN N E S O T A .
Notice is hereby given to the holders of the under
noted First Mortgage 6 Per Cent Bonds o f this Com
pany, dated June 1st, 1891, that under the provisions
o f the Deed o f Trust the said bonds have been drawn
by lot in the presence o f the Trus ee for redemption
and payment on October 25th, 1892, at the offices o f
Messrs. M A IT L A N D , P H E LPS & CO., in the City o f
New York, at par and accrued interest to the said
date, when interest thereon will cease:
Bonds Nos. 9, 29. 46, 56, 90.181,182,228,229,292,311,
325,326,339,344, 367, 380, 384, 394, 401, 421, 427, 445,
493,500,536,548, 55 ', 573, 583, 589,591,621,639,644,
679, 734, 787, 788, 795, 825, 838, 857, 899, 960, 967, 997,
a total o f 47 Bonds, o f $l,u00 each
GEORGE COPPELL, President,
N e w Y o r k , June 14th, 1892.
W . H . H ow cott,
INV ESTM E NT B A N K E R .
H IG H -G RAD E LO ANS EFFECTED.
Dealer in
Southern
Timber
Lands.
A p p ra is e r oi So uth ern L a u d V a lu e s.
N O . 192 C O M M O N S T R E E T ,
N E W O R LEANS, LA .
80 B O N D S A T $ 1 0 0 E A C H .
ture July 1, 1983.
Interest is payable
January and July.
These bonds contain
no provision fo r compulsory retirement
before maturity.
The issuance of Consolidated Mortgage
thereof can be issued only to take up
prior liens or on new mileage at specified
and South
Dakota,
about 2,450 miles.
This offer will remain open until Janu
ary 1, 1893.
THE
ST. P A L L M INNEAPO LIS
M ANITOBA R A IL W A Y CO.,
&
S A M U E L H IL L , President.
rp H E D E N V E R C O N S O L ID A T E D G A S
A
CO M PANY.
The Board o f Directors has declared a quarterly
dividend o f ONE P E R CENT (1 per cent) payable
at the offices o f M A IT L A N D , P H E L P S & CO., Trans
fer Agents 24 Exchange Place, New York, on July
1st, 1892. The transfer books o f the Company will
be closed from June 23d to July 2d, inclusive.
CH AR LES G. MCKINLEY,
Assistant Secretary.
THE
A
N A T IO N A L S T 4 R C H M A N U F A C TU R IN G COMPANY.,
Office
J^os1919
1925
194(1
2012
2044
2045
2078
2118
21692200
22 B O N D S A T $500 E A C H .
Nos. Nos. Nos. Nos. Nos.
374
317
259
284
183
383
332
262
294
219
370
305
242
281
Nos
392
393
Nos.
243
250
258
261
269
282
287
300
304
315
Nos.
S3
78
96
Nos.
107
113
167
Nos.
346
374
385
427
449
461
476
546
560
562
Nos.
610
702
735
816
824
843
861
879
883
930
Nos.
1257
1272
1307
1314
1323
1381
1454
1472
1649
1674
Nos.
934
939
950
972
985
1047
1119
1176
1245
1252
3 31 B O N D S A T $ 1 ,0 0 0 E A C H .
The Consolidated Mortgage Bonds m a
Minnesota,' North
Nos.
1676
1680
1687
1727
1791
1812
1844
1904
1906
1912
Nos.
17
44
62
63
97
161
166
173
205
224
$1,000 or multiples thereof.
The Mercantile Trust & Deposit Co., rates. The mortgage covers .all property
of Baltimore,
of the Company, including terminals, in
,
In conformity with the provisions o f the Mortgage
Deed o f Trust securing the above Bonds, we, the un
dersigned Trustees, hereby give notice that 80 Bonds
o f $100 each, 22 Bonds o f $500 each, and 331 Bonds o f
$1,000 each, o f the numbers specified below, were
this day. In our presence, fairly >nd without prefer
ence or discrimination, designated by lot for redemption at 105 p er c*!nt and accru ed in te rest,
payable out o f the moneys pledged to us from pro
ceeds o f sales o f land, and now available for that
purpose. The bonds so drawn will be paid on present
ation at the office o f J. KE N N E D Y TOD & CO., Nos.
45 and 47 W all Street, New Y ork; and the holders
thereof are hereby notified that they should be pre
sented on or before 1 S T D A Y O F J U L Y , 1 8 9 2 ,
as from that date interest will cease to accrue th ereon.
at which they may be redeemed by oper
Bonds is limited to $50,000,000, and bonds
Edw ard Sweet & C o .,
GOLD BONDS.
of the treasurer ,
Nos. Nos. •Nos. Nos. Nos. Nos.
2103 3076 4147 5113 5975 6846
2122 3081 4194 5194 5994 6909
2156 3108 4204 5217 _600JL 6944
2168 3116 4262 5240 6035 6981
2173 3126 4298 5246 6104 6989
2198 3127 4299 5260 6105 6992
2256 3132 4358 5356 6136 7072
iio
2272 3165 4375 5372 6155 7102
124
2316 3263 4383 5393 6160 7103
125
2358 3266 4390 5411 6195 7144
147
180 liso 2365 3273 4418 5441 6197 7164
202 1206 2384 3284 4449 5462 6217 7172
228 1210 2405 3469 4451 5539 6219 7194
230 . 1311 2412 3478 4533 5548 6258 7195
256 1322 2423 3513 4547 •5564 6295 7205
285 1421 2433 3520 4569 5566 8377 7207
298 1427 2443 3532 4572 5567 ' 6380 7238
338 1452 2446 3539 4583 5592 6386 7245
344 1476 2451 3606 4605 5594 6393 7246
357 1487 2454 3631 4619 5'09 6398 7262
372 1494 2473 3650 4664 5619 6403 7312
385 1512 2489 3658 4667 5686 6429 7322
406 1514 2583 3723 4670 5650 6461 7324
469 1532 2595 8787 4697 5653 6484 7336
505 1580 2632 3806 4739 5691 6503 7H42
514 1659 2642 3818 4741 5693 6508 7345
514 1677 2690 3850 4758 5695 6558 7369
547 1701 2700 3876 4802 5697 6560 7387
576 1704 2736 3917 4824 5713 8561 7425
583 1734 2757 3944 4830 5720 6648 7462
661 1800 2771 3945 4846 5731 6654 7464
702 1801 2816 3957 4886 5758 6673 7470
728 1803 2843 8963 4896 5764 6681 7472
798 1830 2849 3984 4920 5769 6698 7504
801 1832 2896 3988 4961 5772 6702 7509
821 1863 2920 3995 4995 5775 6722 7526
833 1902 2948 3998 5005 5794 6734 7537
914 1983 2968 4016 5011 5869 6768 7540
960 1999 3009 4032 5016 5902 6803 7560
9: 8 2000 3010 4064 5042 5945 6828 7669
995 2017 3034 4105 5089 5969 6840 7577
997 2100 3075
J O H N S. K E N N E D Y , >
Ì T ru s te e s »
J. A . R O O S E V E L T , 3
Noe.
87
42
48
82
100
106
Nos.
1006
1011
1014
1042
1052
1090
1098
1128
1154
1169
N e w Y o r k , April 7,1892.
DRAWING NUMBER 13.
Charles T . W ing & C o.,
BONDS,
18
W ALL
STR EET,
NEW
Y O R K ..
. )
29 Broadw ay , New Y ork . j
T he semi-annual SIX P E R CENT D IV ID EN D due
July 1,1892, on the second preferred stock o f The
National Starch Manufacturing Company will be
paid at this office on that day to stockholders of
record at the closing o f the books June 15, 1892.
The transfer books will be closed at 3 P. M., June
15, and reopened at 10 o’clock A . M. Saturday, July
2,1892,
CH AR LES C. BURNS, Treasurer.
D R A N R L1 N T R U *T COM PANY,
T
M O NTAG U E COR. CLINTO N ST.
Brooklyn , N. Y., June 8,1892.
The Board o f Trustees has this day declared a
dividend o f TW O (2) P E R CENT, on the capital
stock o f the Company, payable July 1,1892, to stock
holders o f record June 24th. Transfer books will be
closed from 3 o’clock P. M. June 24th until lO'o’clock
A . M., July 1st.
JAMES R. COWING, Secretary.
F ra n k E . W in g ,
H e n ry A . G la s a lo rd .
E d w a r d N . G lB b s, S p e c ia l.
CHICAGO & N O R TH E R N P A C IF IC RR.
M IL W A U K E E STREET R ’ Y CONSOLIDATED 5s~
BU FFALO STREET R ’Y CONSOLIDATED 5s.
ROCHESTER STREET R A IL W A Y CO.
L O U IS V IL L E STREET R ’Y BONDS A N D STOCKS.
U NIO N E L E V A T E D RR. (B R O O K LYN ) INCOMES.
N. Y. &'GREEN WOOD L A K E lsts A N D 2ds.
D e a lt in by
GUSTAVUS MAAS,!
2 6 B r o a d S tree t.
§>
R E P R E S E N T IN G
THE
S Ä U ffe lt}
IN D U S T R IA L
AND
ü fW is p a p n ,
C O M M E R C IA L
IN T E R E S T S
OF
THE
U N IT E D
STATES
Entered according to A ct o f Congress, in the year 1892, b y W m . B. D a n a & Co., in the office o f the Librarian o f Congress, Washington, D, O.]
3
Pue © Ixrm txclje.
Terms o f Subscription—Payable in Advance:
F or One Y e a r .................................................................... 9®
European Subscription (including postage)......... •—
-*-£ 0 »
European Subscription Six Months (including p osta ge).
7 00
Annual Subscription in London (including p o s ta ge ).... * 2 10s.
Six Mos.
do.
do.
do.
±us.
The I n v e s t o r s ’ Su p p l e m e n t o f 160 pages is issued every other
month, on the last Saturdays o f Jan., March, May, July, Sept, and
Nov., and furnished without extra charge to all subscribers of the
P h r o n ic l e
The St a t e a n d C i t y S u p p l e m e n t of 184 pages is also given to every
y e a rly subscriber o f the C h r o n ic l e .
,
.
v F ile covers are sold at 50 cents each, and to new subscribers fo r a
year one file cover is supplied without charge; postage on the same is
1 Subscriptions w ill be continued until definitely ordered stopped. The
publishers cannot be responsible fo r remittances unless made by drafts
•or Post Ofl&ce money orders.
Terms o f Advertising—(P e r inch space).
— 50
S5|
One tim e ............................ $3
One Month
( 4 tim es).. 1100
T w o Months
(8 “
)- 18 00
London
AQiCll
( W I L L I A M B . D A N A & C o ., P u b l i s h e r » ,
102 W il l i a m S tre e t, N E W Y O R K .
P o s t O f f i c e B o x 958.
W ILLIAM b . d a n a . j
ffOHN G. FLOYD.
I
Week Ending June 11.
1892.
$
CLEARINGS
1892
1891.
N e w Y o r k ..............................
-Boston...... ............................
Philadelphia.................... .
B altim ore.............................. .
■Chicago...... ........... ...............
St. Louis .............. ................
New O rlea n s.........................
$557,660,752
64,153,099
67,890,515
11,438,258
97,254,000
20,399,460
7,038,119
$494,805,852
66,905,964
50,938,866
11,274,816
73,566,000
17,437,170
5,903,873
Seven cities, 5 d a y s______
O ther cities, 5 days................
$825,834,203
137,819,483
$720,832,541
124,987,639
Tota l all cities, 5 days____
A l l cities, 1 day.....................
$963,653,686
190,264,498
$815,820,18!)
159,748,612
Total all cities fo r w eek ...
$1,153,918,184
$1,005,568,792
P . Cent.
$
564,753,754
+ 11-2
614,836,551
New Y o rk ...............
Sales of—
(743,429) (+830)
(1,360,812)
(Stocks.............shares.}
(629,700) (+62-1)
(858,800)
(Cotton.............. bales.)
( Grain............bushels.) (35,381,862) (35,771,000) ( —1-1)
(124,000) (-38-7)
(76,000)
( Petroleum..........bbls.)
Week End'g June 4
1892.
$
599,508,948
P . Cent.
—10*3
í-ÍÁÉ-ol
(-41-7)
(-8-5)
—3*3
-13-2
—12-4
—13*8
—3-4
—T‘9
—6*5
—15-1
—12-3
+21-1
-+0-1
+18-3
+15-1
-1-5
99,211,012
1,995,500
2,190,710
1,605,655
1,209,507
1,209,352
1,831,960
1,196,161
602,554
81,710,255
4,947,000
1,851,889
1,390,864
1,227,601
1,069,992
1,090,657
814,002
554,903
+130
+41-7
-9'4
113,352,441
94,687,163
+19-7
100,749,736
-4-3
Pittsburg..................... .
Baltimore.....................'
Buffalo.........................
Washington.................
Rochester.....................
Syracuse.......................
Wilmington.................
Binghamton................. ■
68,186,598
14,792,935
14,780,302
7,881,719
2,283,806
1,611,278
981,784
875,688
218,600
58,811,767
13.296,295
12,952,354
7 ,189,039
2,433,8551
1,370,143
886,905
623,564
211,400
+16-9
+113
+14-1
+ 8-8
-6 2
+19-8
+ 11-0
+40-4
+17-1
71,167,267
13,900,282
15,627,871
7,460,838
1,914,146
1,492,005
884,749
796,408
256,400
+0-5
+2*7
4-s-i
+7-0
—13-4
—14-6
—13-5
+28-4
+16-3
Boston......................... .
Providence...................
Hartford......................
New H aven ..................
Springfield....................
Worcester....................
Portland.......................
Low ell..........................
New Bedford................
+ 1 3 -0
111,615,660
97,275,322 "+14-7
113,480,074
+1-3
102,160,265
11,71S,850
6,797,103
6,716,615
5,875,119
4,359,800
1,637,321
2,031,600
1,268,390
498,534
85,485,503
12,876,850;
5,192,694
6,116,794
4,701,811
8,377,200
1,984,283
1,609,817
730,233
461,988
+19-5
+11-5
-*-30-9
+9-8
+24-9
+29-1
-17-5
+26-2
1-78-7
+V 9
98,947,677
13,853,400
0,561,924
6,487,805
5,191,262
4,276,900
2,148,953
1,898,200
838,908
431,800
+3-0
-2 9
+11-5
+4-5
+4-5
+28-3
+8-0
—8-4
-5*3
-9-3
Total Middle Western.
146,088,927
122,537,123
+19*2
140,033,829
+3-3
San Francisco.............. .
Portland.......................
Per Cent • Salt Lake City..............
Seattle.................. .......
+12-7 Tacoma........................
Los Angeles.................
-4-1 Great Falls............ ,......
+S3-3 Helena * .......................
+1-4
Total Pacific..............
+32-2
Kansas City..................
+17-0 Minneapolis............... .
+19-2 St. Pau l.. ....................
Omaha..........................
+14-6 Denver.........................
Duluth..........................
+10-3 St. Joseph............... .
Sioux City.....................
+ 1 4 0 Des Moines...................
+19-1 W ic h ita ...................
Lincoln.........................
+14 7 Topeka.........................
13,686,323
2,538,062
1,529,819
1,448,360
792,237
729,974
300,000
14,432,085
2,224,251
1,191,072
1,103,451
870,113
692,184
258,000
—5‘2
+14-1
+28-4
+31-3
-8 9
+6-4
+ 16-8
14,079,829
1,689,251
1,910,546
995,743
029,507
657,296
807,923
524,941
-14-2
—10-4
+35-9
-14-7
-42-6
-18-3
—197
21,024,675
20,771,159
+ 1-2
20,170,094
—13-4
9,514,855
6,378,144
5,718,971
5,299,962
1,681,475
3,117,809
1,193,365
783,726
52.5,449
817,060
410,578
7,923,079
5,885,986
4,517,233
4,257,663
4,625,645
2,039,504
1,352,839
899,399
763,022
485,152
516,331
385,822
+20-5
+35-9
+41*2
+34-3
9,168,613
7,870,020
5,370,092
5,182,604
4,016,367
1,316,973
+12-3
+39-3
+19-8
—0-3
-0*8
-42-1
—11-3
Total Other Western..
42,382,389
33,641,578,
+260
39,059,841 _ +0-4
St. Louis......................
New Orleans. ..............
Louisville.....................
Memphis.......................
Richm ond...................
G alvesto n ...................
Houston.......................
Nashville......................
N orfolk........................
Dallas...........................
Fort W orth ..................
Birmingham.................
Waco.............................
Chattanooga.................
Savannah*....................
Atlanta*.......................
,044,619
,727,970
,536,882
,424,671
,921,364
,652,286
,298,766
,092,108
902,995
905.000
675.000
491,453
428,641
508.000
,369,707
,494,505
20,598,010
6,953,796
7,503,394:
1,885,867!
2,326,791
1,622,687
1,240,585
2,456,330
888,587
853,687
630,434
527,503
491,731
529,000
+ 1 1 -9
21,239,950
7,288,912
8,082,899
1,956,170
2,610,369
1,570,031
1,253,008
1,854,803
1,079,524
850.000
475.000
555,696
461,078
453.000
1,309,428
1,877,905
+3-6
-)-4-7
—14-7
—13-8
+35-2
-17-6
- 2-8
—25"3
+17*0
+4'4
-45-3
+0-3
—13-8
Tota l Southern..........
61,501,585
48,515,402
+12-3
T o ta l a ll..................... 1,133,802,228
Outside New Y o rk ....... 488,965,677
982,181,501
+15-4
417,427,747
+ 1 7 -1
463,815,307
-o-i
10,685,229
1,878,982
+20-7
—24
11,161,832
1,398,510
6,474,365
739,906
+ 6-1
+23-9
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, June 18, have
•been $1,158,918,184 against $1,188,802,228 last week and
$1,005,568,782 the corresponding week last year.
Week Endino June 18.
1891.
Total Middle.............i
The follow ing table, m a d e up by telegraph, etc., indicates
The full details of clearings for the week covered by th
above statement w ill be given next Saturday. W e cannot, o f
'Course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
th e above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending w ith Saturday
noon June 11, with the comparative totals in 1891.
It w ill be observed that there is a gain in the whole country
-over the total for the preceding full week (that ending May
28) of thirteen and a half millions of dollars and that outside
•Of N e w Y o rk the increase is over twenty-five millions.
Compared with the week of 1891 the exhibit is a very favor
a b le one, the increase in the total for all the clearing-houses
-being 12'4 per cent while outside of N ew Y ork the excess
and in most cases they are small.
Chicago........................
Cincinnati.....................
Milwaukee....................
Detroit.........................
Cleveland.....................
Columbus.....................
Indianapolis.................
Peoria....................
Grand Rapids...............
Lexington:...................
CLEARING HOUSE RETURNS.
Returns by Telegraph.
reaches 17-1 per cent. In ratio of excess over last year Grand
Rapids leads with 73’7 per cent, and is followed by Lincoln
58’2 ; St. Joseph, 56*5; Low ell, 41'7 ; St. Paul, 41 #2, and
W ilm ington 40-4 per cent. Only twelve cities show losses,
Three Months (13 tim es )..$25 00
Six Months
(26 “
) . . 43 00
Total New England...
T w elve Months (52 “ ). . 58 00
Philadelphia................
A g e n t*:
M essrs. E d w a r d s & S m i t h , 1 D ra p ers’ G ardens, E . C., w ill ta k e sub
s c r ip tio n s a n d a d vertisem en ts, and su p p ly sin g le co pies o f th e p a p e r at
la
NO. 1,408.
S A T U R D A Y , J U N E 18, 1892.
VOL. 54.
Montreal*......................
H a lifa x*.......... ............
Toronto*.......................
Hamilton*.....................
* Not Included in totals.
8 , 000,000
13,901,232
1,2)8,304
6,502,443
832,506
+ 1 4 -6
—22-3
+565
+82-7
+4-71
+8-9
+582
+ 6 -4
+25-i
-t-13'8
+286;
+*5-6
+ lf
-t-4‘6
-1 4 -8
+16
+ 6-0
-1 0 1
-68
—IS "8
—6 1
1,887,453
1,258,857
837,635
437,442
839,006
384,719
—1*7
—30-5
—1-0
+8-3
—4-4
— 100
THE
9S2
THE
STATE AND CITY BEfAPTMEWT,
See pages 1021, 1022, 1023 a n d 1024
for o u r
State and City Department.
A ll advertisements with relation to State and City Bonds
w ill likewise be found on the same and following pages.
THE F IN A N C IA L SITUATIO N.
Notwithstanding there has been taken this week up
to Friday night for shipment to Europe $7,100,000 of
gold, no special effect of this drain in the rates for
money is observable. The Treasury Department has
also drawn from the banks about a million and a half
dollars more than it has paid out. Still there is an
abundance of currency left, and besides our clear
ing-house institutions are receiving new supplies con
stantly from the silver bullion purchases and from the
interior. The surplus reserve reported last Saturday
was $23,545,850, and of this five of the larger banks
held $7,203,800, so that there was at that date over
16 million dollars of surplus distributed among the
other members of the Clearing-House. The banks
however are getting a little restive under these
extremely low rates for money, and are showing a dis
position to be a little less anxious to press their funds
on unwilling borrowers. Some say they have made
their dividends for the half year and now feel inclined
to get out of the market and keep out unless they can
obtain more satisfactory returns. Some evidence of
this changed disposition is seen in the offerings on
time, but it is not very marked as yet.
Call loans, representing bankers' balances, still rule at
1 to 1^ per cent, averaging 1£ per cent. Renewals are
made at 1£ per cent, and banks and trust companies
quote 1£ to 2 per cent. Tim e money, as already indi
cated, is not being pressed, lenders showing more inde
pendence; as, however, the demand is light, the only
present result is that temporarily the supply of money
in the call loan branch of the market is increased.
There is some inquiry for six months' contracts in
preference to those for shorter periods, but the business
is light. Rates are 2 per cent for thirty to sixty days
2^ per cent for ninety days ; 3 per cent for four to five
months, and 3£ per cent for six months. The commer
cial paper market is rather firmer in tone, buyers hold
ing off, but the supply is not in excess of the inquiry ?
and consequently rates are still low ; in fact, the figures
quoted this week are the lowest recorded in many
years.
Sixty to ninety day endorsed bills receiv
able are 2 f to 3 per cent, four months commission
house names 3 to 3£, and good single names having
from four to six months to run 3^ to
per cent.
There has been no new feature of interest in the
European markets this week and the very slight flurry
caused by the failure of the New Oriental Bank seems
to have entirely subsided. The cable reports discounts
of sixty to ninety-day bank bills in London $■ of 1 per
cent. A t Paris the open market rate is 1^ per cent, at
Berlin it is 2£ per cent and at Frankfort 2§ per cent.
The rise in Germany is supposed to be due to the
closing of bank accounts usual at the end of the half
year. The Bank of England gained £788,000 bullion
during the week. This, as we are advised by special
cable to us, was due to the import of £195,000 (mostly
bought in the open market, but a part was from China)
fYOL. LTV.
C H R O N IC LE .
and to receipts of £593,000 from the interior of Great
Britain. The Bank of France shows an increase of
£450,000 gold.
Foreign exchange has been dull and firm this week*
and the demand has chiefly come from the arbitrage
houses who have steadily sold large amounts of stock,
principally St. Paul, for European account in order to
take profits. The market opened on Monday at un
changed figures compared with the previous Friday*
long sterling standing at 4 88 and short at 4 89
to 4 89£.
There was no alteration until Wednes
day when Baring, Magoun & Co. and the Bank
of British North America moved up to 4 88£ fo r
long and 4 89£ for short.
The market closed
easier yesterday at 4 88 to 4 88-£ for sixty day
and 4 89-£ for sight. Rates for actual business were
4 87£ to 4 87| for long, 4 88^ to 4 88£ for short, 4 88£
to 4 88f for cable transfers, 4 86£ to 4 86| for prime
and 4 86 to 4 86i for documentary commercial bills.
Shipments of gold for the week were: $250,000 by L .
von Hoffmann & Co., on Tuesday; $1,000,000 by
Heidelbacb, Ickelheimer & Co.; $500,000 by L. von
Hoffmann & Co.; $500,000 by Ladenburg, Thalmann & Co., and $500,000 by Lazard Freres, on
Wednesday.
The engagements for the steamers
sailing to-day are $600,000 by Kuhn, Loeb & Co.; $1,500,000 by Heidelbach, Ickelheimer & Co.; $1,250,000 by Lazard Freres; $500,000 by L . von Hoffmann
& Co ; and $500,000 by Ladenburg, Thalmann & Co.,
making for the week $7,100,000. W e give in our usual
form the May report issued by the Bureau of Statistics
of the exports of breadstuffs, provisions, cotton, &c.
EXPORTS OF BREADSTUFFS, PROVISIONS, COTTON AND PETROLEUM.
Export»
from D. 8.
1891-02.
May.
11 Months.
1800-91.
May.
11 Months
1869-90.
May.
11 Months.
Quantities.
Wheat.bush. 10,127,124 143,688,001
1,168,841 13,548,518
Flour... bbls
6,286,987 47,405,391
799,497 10,235,881
Wheat, .bu. 15,361,708 204,605,882
Corn. ..bush. 5,859,293 70,758,187
9,884,724 93,464,606 8,858,116 100,952,836
1,921,701 27,090,094 10,106,072 93,125,742
Tot. bush
4,392,298 50,844,626
992,404 11,135,158
21,221,001 275,259,019 11,806,425 120,554,700 18,964,188 194,078,678
I
8
Values.
f
I
Wh’t & flour- 15,323,316 215,982,840 10,684,018 92,483,290
Com & meal. 3,139,162 39,772,621 1,493,769 16,091,026
203,411
443,446 10,916.591
590,653
22,935
489,497 4,131,80*
Oats & meal
688,604
14,973 1,722,168
129,509
Barley........
1
1
8,138,839 94.134,168
4,342,536 39,751,002
258,969 1,104,504
929,720 4,129,529
735,819
14,669
Br'dstuffs . 19,410,394 272,476,023 12,330,231 109,956,984 13,684,738 139,855,022
Previsions *. 14,503,808 147,907,878 9,256,892 147,181,142 18,045,179 143,158,770
Cotton........ 10,764,66* 249,283,985 11,460,987 281,081,769 5,146,257 216.491,419
3,171,92« 40,718,240 8,585,276 47,278,930 4,684,336 46,781,661
Petroi’m.&c
Tot. value 47,850,290 710,386.126 86,633,386 585,423,815 36,560.505 576.236,872
* luci adiri« «a tti« and ho«s In all montili and years.
It w ill be noticed that the export values of these
articles for the eleven months aggregate $710,386,126*
against 1585,423,815 for the same period of 1890-91*
and $576,236,872 for 1889-90.
Some interesting developments affecting special rail
roads have occurred during the week. The San A n
tonio & Aransas Pass Road, whose affairs had got intoa very tangled condition, promising endless litigation
with charges and allegations against the receivers, hat
through a happy arrangement been restored to the
possession of the security holders, who have elected
Mr. D. B. Robinson president and general manager.
In order to effect this result, it was necessary to pay
off a large amount of floating debt and other claims*,
but the money was forthcoming and the owners of tha
property will now be free to manage it according to it»*
best interests and without interference from the
courts.
Another
road
now
operated by
a
receiver for the benefit of creditors, alio seems likely
soon to be placed on a different footing and relievect
JüNtt 18, 18VS. J
THE
C H R O N IC LE.
from the embarrassments attending management by a
Court. We refer to the South Carolina Railway. A ll
the parties in interest before the Court agreed this
week upon November 17 as the date for the sale of the
road, which according to the ruling of Judge Simonton, rendered last week,, w ill be sold free from all
encumbrances, the various mortgages being all declared
payable as if past due. Just what the outcome of the
contest between the opposing reorganization committees
w ill be can not of course be foretold, but on the day
mentioned, or before, a definite conclusion w ill have
to be reached. The developments concerning some
other roads have not been quite so agreeable. The V al
ley Railway of Ohio, a small road running to Cleveland,
and a year or two ago acquired by the Baltimore &
Ohio, has defaulted on its mortgage interest.
I t is
stated that the road’ s affairs require re-adjustment and
that it is intended to put the property on a sound
financial basis, and provide new facilities, &c. The
Richmond & Danville has also been placed in the
hands of receivers, at the instance of Messrs. William
P. Clyde, J. C. Maben, and W. H. Goadby> who state
that this step has been taken to protect the property
and preserve the integrity of the system. The action
brings matters to a crisis, but should not we think
impede the proposed reorganization of the Terminal
Company. Oa the contrary, it is easy to see that it
might facilitate such reorganization.
We give our review of the A pril net earnings of
United States railroads on another page, and set out
the reasons why the results have not proved more
favorable.
I t is unnecessary to go over the same
ground here, and hence we will refer only to the
returns of the three large Pacific systems— the N orth
ern Pacific, the Union Pacific, and the Southern
Pacifio— which have all been issued this week. The
Southern Pacific for the system entire reports gross
of $3,752,620 against $3,743,328, and net of $1,275,701
against $1,143,372, showing only comparatively small
changes. But some of the separate roads in the sys
tem show quite decided changes, more particu
larly the Central Pacific, where
there
is
a
decrease of $167,014 in gross and a decrease of
$94,215 in net, these losses having been overcome
by gains on the other parts of the Southern Pacific
system.
The Union Pacific system reveals some
similar changes. In the final total for that system
there is a loss in net of only $8,713, but on the Oregon
Short Line there is a loss of $53,105, on the Oregon
Navigation a loss of $51,008, and on the Union Pacific
Denver & Gulf a loss of $4,686. The Northern Pacific
statement furnishes a surprise in making a much more
satisfactory comparison in the case of the net than in
the case of the gross. With a decrease of $117,359 in
gross earnings for the month, there is a falling off
of only $18,540 in the net earnings. This includes the
Wisoonsin Central in both years. On the Northern
Pacific proper there is actually a small gain in net
on a deorease of $143,810 in the gross. The com
pany’s miscellaneous income also increased decidedly
over the same month last year, but on the other hand
the fixed charges were much heavier, so that the final
result indicates a deficit below charges for the month
of $58,950, against a surplus for April 1891 of 442,794.
For the ten months of the company’ s fiscal year
since the first of last July there is a surplus above the
charges of $931,041, which compares with a surplus of
$1,493,714 for the corresponding ten months of the
year preceding. Here are the figures in detail.
983
------------- A p ril. ------------ > Jul y 1 to A p r il TO“—s
1892.
1891.
1891-92.
1890-91.
Nor. Pacific A Wis. Cent.—
$
$
$
$
Gross earnings........ 2,192.520 2,309,879 25,462,300 25,781,423
Operating expenses. .1,306,438 1,405,257 15,026,937 15,178,044
N et earnings.........
Misoellane’ s Income.
886,082
194,121
904,622 10.435,364 10,603,378
163,889 1,569,011 1,010,137
Total net income.. 1,080,203 1.068,51112,004,375 11,613,515
F ixed charges......... 1,139,163 1,025,71711,073,835 10,114,801
Surplus................... def.58,050
42,794
981,041
1,498,714
A very few roads have already furnished returns of
net earnings for May, among them the Baltimore &
Ohio. This road shows the same general results as for
the months preceding— that is, with an increase in gross
earnings there is a still larger increase in expenses,leaving
a loss of $41,920 in net. The management have evident
ly been very liberal in the making of repairs and im
provements. A t all events, for the eight months to May
31, with gross increased in the large sum of $1,125,897,
net has actually fallen off— $135,840. The Pittsburg
Youngstown & Ashtabula has also furnished its return
for May, and from it we should judge that the ore
shipments from the lower lake ports to the furnaces
must have been greatly in excess of the same month
in 1891, for gross is reported as $136,978, against
$67,490, and net as $58,056, against $11,712. For
the five months to May 31 the road reports gross
increased $218,742, and net increased $123,204. On
the Nashville Chattanooga & St. Louis gross earnings
for May 1892 on 810 miles of road are $418,116,
against $305,378 in May 1891 on 652 miles, and net
$139,420 against $128,876. The surplus above charges
for the month is $30,005, against $42,008. The West
Virginia Central & Pittsburg for May reports net of
$27,533 against $30,416, and the San Franoisco St
North Pacific $20,614 against $31,111.
On the Stock Exchange the course of prices early in
the week evinced an improving tendenoy under the
favorable crop report issued by the Department of
Agriculture, but since then part of the recovery has
been lost. The heavy gold exports have been a de
pressing agency, and besides this the weakness and
sharp decline in special stocks operated to keep the
market in an unsettled condition. Thus New Y ork &
New England fell off sharply on the change in the
control of the Housatoaic road, and D istilling &
Cattle Feeding dropped on a redaction in the dividend
rate. The market yesterday showed a good tone not
withstanding the further heavy gold engagements for
export, though the dealings were comparatively limited.
The following gives the week’s movements of money
to and from the interior by the New Y ork banks.
Week Ending June 17, 189?.
*ol<1 -
.
R eceived by iShipped by
N .T . Banka. N . F. Banka.
Net In terior
Movement.
$3,719,000 $2,256,000 Gala.$1,463,000
150,000 Gala.
50,000
200,000
________ _____ -
$3,919,000
Total gold and lega l te n d e r«....
$2,406,000 Gain, $1,513,00
Result with Sub-Treasury operations and gold exports »
Into
Banka.
Week Ending June 17, 1802.
Net Change in
Bank Holdinge.
$3,919,000 $2,406,000 Gain.$l, 513,000
18,400,000 28,400,000 Loss 5,000,000
Banks’ Interior movement, as above
Sub-Treas. oper. and gold exports..
Total gold and leg a l tenders —
Out of
Banka.
$22,319,000 $25,806,000 Loss.$3,487,000
Bullion holdings of European banks.
June 18 ,1891.
June 16, 1892.
Sank of
Gold.
Silver.
Total.
Gold.
Silver.
Total.
£
£
£
£
£
£
26,879,766 27,844,057
27,844,037
tngiand........ 26,879,766
franco.......... 63,091,333 51,832,183 114,923.522 52.889.000 51,046,000 103,935,000
Germany.. .. 37,337,625 12,445,875 49,783,500 30,788,667 16.304,833 46,183,600
6,869,400 16,532,000 22.391.000 6.450.000 16,380,009 31,830,068
kust.-Hun’y.
3.209,004 6,814,000 10.023.000 3.914.000 6,661,000 2.676.000
Netherlands..
Nat. B ’ lgiun). 2.884,607 1,427,333 4,282,000 2.066.000 1,483,000 4.449.000
Tot.this week 139,231,391 89,051,397 228,292,788 123,851,724 80,078,333 213,826,ft7
Tot. prev. w ’k 138,051,368 88.915,133 226.rf68.601 122,124.770 80,727,001 211.851.771.
984
THE
C H R O N IC L E .
through the year.
[V O L
LIV.
Who can wonder that Congressman
IN F LU E N C E S TH A T A R E GOVERNING OUR Harter, in his interesting address at the monthly meet
MARKETS.
ing on Monday last of the Boston Bank Presidents'
Several events this week have had more or less prom Association, should have dwelt with so much earnest
inence as influences affecting the markets. A n im ness upon this feature in the situation. H e calls atten
pulse of a very favorable character was afforded by the tion to the noteworthy fact, which we have so often
publieation in these columns last Saturday morning of referred to, that with the greatest crops we have ever
a summary of the Agricultural Department's reports as produced and with a large and steady demand for them
to the condition of corn and wheat and the general from abroad, instead of receiving great quantities of gold,
outlook on the first of June for those crops. The con we are shipping it— instead of having prosperity we are
clusions the Department reached were of a much more having disturbed markets and distrust everywhere.
hopeful and promising nature than anticipated. N o t And all this is because of the fear that we are ap
withstanding the rains and floods which have been so proaching a change from a gold standard to a silver
conspicuous a feature in the press reports during May standard through our senseless silver policy. We do
(some of them bringing complete destruction to local not feel the same sense of immediate danger some feel
Much real strength and in so
ities, like the distressful cyclone in Minnesota on W ed from this situation.
nesday of this week) the Department foreshadowed a many ways has been given to the country through
good average yield of wheat and also quite a satis these large crops that we are quite confident another
factory condition with reference to corn planting. The opportunity at another session of Congress will be
importance of such a forecast need hardly be expressed afforded our people to correct our silver legislation.
I t has been a great surprise to some that money
here. Very naturally it gave a decided impulse to
stock transactions and imparted a more hopeful feeling should remain so easy while gold is being shipped. The
in all business circles. Facts with relation to crops in truth is that silver notes have been forced into circula
Europe just now also encourage the belief that our food tion until gold is no longer the regulator of the money
products are likely to be needed this year again, so that market. Under healthy currency conditions exporting
with an average production in the United States all gold makes money dearer, and in that way each ship
commercial influences appear for the time being to ment tends to stop a further outflow. But now exports
favor an extremely prosperous and active business year. have no influence on rates, because the supply of silver
the
requirements of
New evidence was made public on Monday, by Mr. notes more than satisfies
Brock of the Bureau of Statistics, of one class of in enterprise, restricted as it has been by the dis
dustrial benefits which the country is securing from last credit the same instrument has caused. Mr. Harter
year's crops, and which afford also a hint of the advant in his address already referred to, stated in a brief and
age to our foreign trade another good yield is likely to comprehensive way the novel situation of money in the
prove. We refer to the preliminary figures of the ex United States when he said that notwithstanding we
port of the leading articles of breadstuffs, provisions, have railroads, telegraphs, express and mail facilities
cotton, &c. issued by the Bureau from month to month reaching every corner of the country, we nevertheless
and issued for May on Monday last. We notice that see money lending in the East at from 1 to 3 per cent
many in speaking of these figures mention the fact that per annum, while in the West and Southwest it cannot
current totals are much smaller than the totals a few be had in many instances for 12 to 15 per cent. This
months back, as if that were of importance. It would be great irregularity of rates here stated so forcibly, all
N o one can borrow in
peculiar and worthy of special notice if the monthly proceeds from the same cause.
aggregates were not decreasing at this season of the New York at the above figures, or anywhere near the
■year. We have shipped the most of the surplus raised above figures, on security not supposed to be readily
and this is consequently the period of small exports, a convertible, or in other words on the kind of security
period when a decrease is inevitable. In the light the remoter sections of the country have to offer.
of such conditions it is extremely gratifying that Capitalists are not willing to put their money beyond
■ we have been able to spare for foreign markets 15,361,- reach, because of the lack of confidence in the stability
708 bushels of wheat and wheat flour in May 1892, of values, a lack of confidence which is made more
against 9,884,724 bushels in May 1891, and 8,858,116 acute by the continued recurring exports of gold.
bushels in May 1890. The same statement also shows
THE HOUSATONIC PURCHASE.
that the export values of all kinds of breadstuffs and
Whatever may be the effect on the fortunes of the
provisions have reached in May this year the large total
of 133,913,702, against $21,587,123 in May 1891 j fur New England or the New Haven of the purchase by
thermore, that the total exports of breadstuffs, provi Messrs. J. P. Morgan and William Rockefeller of the
sions, cotton, petroleum, etc., aggregate $47,850,290 in Housatonic Railroad, there can be no doubt that the
May 1892, against $36,633,386 in May 1891, notwith latter system has been greatly extended and developed
standing the value of the cotton and petroleum exports during recent years, so that the property is much more
was $1,109,675 less than in May a year ago. These important than it formerly was. This is a circum
results are only one branch of the evidence of strength stance, too, which would make it an object to secure
which last year's crops have imparted to our industries; acquisition of it on its own account, independent
but they are a very important branch of that evidence, entirely of the relations it may sustain to the New
besides indicating what a great help another good yield Haven and the New England, especially if, as current
of food products with a foreign demand for the surplus reports say, the owners were desirous of disposing of
it and had offered it for sale. A t the same time it
w ill prove to be to the country.
But these favorable influences have been antago would seem safe to assume, considering the interest of
nized and their good effects again impaired through Messrs. Rockefeller and Morgan in the New Haven,
the influence of higher foreign exchange rafes and a that the road will be operated in harmony with that
larger volume of gold exports.
This discouraging system, even if the purchasers retain independent con
feature has held in check business development all trol of it.
J o n e 18, 1892. J
THE
C H R O N IC L E .
985
The Housatonic proper is a very old road, and has all preferred, and $3,405,500 of bonds and certificates.
been in operation for fifty years or more. But in say Of course this does not include the capitalization of the
ing this we are not speaking of the Housatonic as it various leased lines, but merely the direct capitalization
exists to-day. During the last five or six years the of the Housatonic. In the last report of the Connecti
system has been considerably enlarged through the cut Railroad Commissioners, there is a statement giving
acquisition of several small but important roads and the aggregate capitalization of the whole system, accord
the building of certain connecting links. A t the time ing to which the aggregate of stock, debt and liabilities
that the Hew Haven a few years ago was engaged in June 30 1891 (including not alone the Danbury
binding various roads to itself, such as the Haugatuck, & Horwalk and the Hew Haven & Derby, but also all
the Hew Haven & Horthampton, &c., the Housatonic the lines leased earlier in the history of the company,
also was active, and succeeded in acquiring additional like the Berkshire, &c.) was $10,899,821, which figured
road. The Danbury & Horwalk was leased towards on the 189^ miles of road covered makes an average o f
the close of 1886, and this gave the Housatonic a line $57,540 per mile.
to Horwalk and (with the extension from South H or
The earnings of the system in the late fiscal year
walk) aline to Wilson's Point, which latter, as is known, (ending September 30 1891) reached $8,134 gross per
has developed into considerable prominence in freight mile and $3,126 net per mile— averages which show
and passenger business in connection with the through that the road has developed a pretty good business.
route formed by the Hew England and tfie Housatonic. The aggregate of the gross in that year was $1,541,794
The Hew Haven & Derby was leased in 1889, an exten and the aggregate of the net $592,502. In the year
sion having previously been built to connect it ending September 30 1886, when the late W. H. Barwith the Housatonic. This secured for the latter num was still President, gross was only $690,016 and
an entrance into Hew Haven. The position of the net only $256,058. In other words, under the increase
road then is that where it formerly had only one outlet of the mileage of the system and the expansion of its
to the Sound, namely at Bridgeport, now it has three business, both gross and net earnings in the five years
— at Hew Haven, Bridgeport and Wilson's Point— have considerably more than doubled. The surplus fo r
these three points being reached over branches or the stock, however, in 1891 was slightly less than in
forks from the main stem, which extends north through 1886, being only $95,779, against $108,688. I t is
Western Connecticut and Massachusetts all the way to claimed that large amounts were spent for improve
Pittsfield on the Boston & Albany. The efforts made ments in the late year and charged against earnings,
to develop the business of the system, under this im and that there were some other exceptional items of
provement in its position, are quite well known and expenses. The $95,779 surplus is equal to somewhat
need not be rehearsed here. O f course the mileage of over 3 per cent on the $2,902,800 of stock. In the year
the system even yet is not very large, comprising only preceding (1890) the surplus was as much as $193,074,
about 190 miles of road, or if we include the Shepaug equal to over 6£ per cent on the stock.
(extending from Litchfield to Hawleyville), which has
Of the total of earnings for 1891, $781,541 came
been operated in close affiliation with the Housatonic, from freight and only $572,920 from passengers, indi
and control of which seems to have passed with the cating that the freight business on the Housatonic is
purchase of that property, the total is a little’ over 220 more important than the passenger, which is not the
miles. But the situation and position of this, as we case on the Hew Haven nor on its latest acquisition,
have seen, is such as to make it very desirable.
the Providence & Boston. Looking at the traffic sta
Earnings, operations, stock and debt have grown with tistics, we find that the road carried nearly 900,000
. the mileage. Ho dividends have been paid on Hous tons (899,942 tons) of freight in the late year, thus
atonic stock since the late managers assumed control, reflecting a large traffic.
In 1886 the number of
the yearly surplus being put into the property, to that tons of freight moved was only 306,278, or but little
extent of course improving it. In fact, one of the first more than one-third the present total. In this inter
acts of those managers, in 1887, was to suspend divi val the tons moved one mile increased from 17,296,373
dends on the preferred shares, it being announced at to 35,009,727. As to the composition of the freight
the time that it was the desire to pay off the floating movement, we see by reference to the report of the Con
debt then existing. The surplus profits in some of the necticut Railroad Commissioners that in the year end
years since then have been considerable, but, as said, ing June 30, 1891, when the tonnage was 881,837
dividends have not been resumed. Arrangements were tons, 305,164 tons, or 34*62 per cent, were* coal (131,made, however, at the very outset to settle with the 679 tons anthracite and 173,485 tons bituminous), 116,preferred stockholders for unpaid accumulations of 186 tons were lumber, 110,137 tons grain and flour,
dividends, and in the place of the old cumulative 107,244 tons merchandise, 56,559 tons ore, while the
preferred shares they were given new non-cumula remainder was made up of other and generally small
tive preferred shares, with a bonus of 100 per cent items.
which they could take either in the same kind
The change of ownership has of course been chiefly
of
stock or in general mortgage bonds.
The discussed with reference to its probable effect on the Hew
effect of this transaction, as well as the expen England and the Hew Haven. That the road will here
ditures for additions and extensions to the prop- after be operated in friendly relations with the Hew
erty, on the capitalization of the company, was Haven, instead of in antagonism to and rivalry with
very marked, for whereas the balance sheet September the same, seems to follow as a matter of course.
30, 1887, had shown only $2,000,000 of stock, common Whether the policy will be to antagonize the Hew E n g
and preferred, and $1,120,000 of bonds, the statement land, raises a different question. We should be inclined
a year later showed $3,150,400 of stock and $3,080,000 to doubt that such would be the policy, except in case
of bonds. Since then the common stock has been a conflict is provoked. Those interested in the H ew
merged in the preferred (on a certain basis of exchange Haven have manifested a conciliatory attitude on the
which reduced somewhat the aggregate of stock), and whole towards the Hew England in the past. Besides,
at latest dates there was $2,902,800 of stock, practically of the 881,837 tons of freight moved on the Housatonic
THE
986
C H R O N IC L E .
in the twelve months to June 30 last, only 316,188 tons
originated on the road itself, while 565,649 tons came
from connacting roads. I t is fair to assume that
the N ew England was one of the most import
ant of these connecting roads, and this would
furnish a specific reason, for not wishing to antagonize
it needlessly. As far as the passenger business is con
cerned the N ew England has nothing to lose by a dis
continuance of the Long Island route, which has only
been maintained at heavy expense and has secured no
passengers. T o be sure, for the purpose of building
into N ew Y ork the New England w ill not be so well
off as it would with the Housatonic operated in its in
terest, since that road takes it much nearer the
metropolis than the New England's own line; but it is
not at all desirable that the waste of capital and re
sources involved in such an effort should be incurred.
I t will be better for both the N ew England and the
N ew Haven if reckless rivalry and the building of un
necessary parallel lines, which can only result in gen
eral loss, shall be avoided.
THE
SM ALL
TOWNS OF
STATES.
THE
UNITED
are nine in number, namely : N orth and South Caro
lina, Georgia, Florida, Alabama, Mississippi, Lou
isiana, Arkansas and Tennessee. They have an aggre
gate population of 11,814,772— a million more than
that of New England and N ew Y ork combined. Th ey
had in 1890 an urban population of 1,033,948; tow,n
population, 704,420; rural population, 10,076,404; per
centages: urban, 9; town, 6; rural, 85.
Of course in all these numbers and percentages the
division is arbitrary; and yet, when the matter is fu lly
considered, it represents a pretty fair approximation to
the truth. Certainly all persons who live in places
containing les3 than one thousand inhabitants may be
classed in strictness as rural, and to them should be
added a considerable number of those who dwell in
cities and large towns; but as the whole number of
such places is not large, the addition is not great
enough to affect the matter when a broad view of it is
taken.
I t will probably be found, if comparisons with the
last census are made, that the chief growth in the older
parts of the N orth is in the large towns; that, except
in the case of the booming cities of the Northwest, the
growth of that section is chiefly rural; and that in the
South the increase has been quite evenly distributed
between urban, town and rural. Take the case of two
or three typical States. A table given in the census
report for 1880 enables us to make a comparison down
to towns of 4,000 inhabitants. We obtain the follow-
The population of the country may be divided
roughly into three classes : urban, town, and rural.
Th e bulletins issued by the Census Office enable us now
to discover the numerical relations of these three
classes and their distribution by States. Taking the
total population at 62,622,250 in 1890, there were 18,284,385 residents of cities of 8,000 each and upwards ;
*7,824,689 residents of towns ranging from 1,000 to
8,000 each ; and 36,513,176 dwellers in the rural dis
tricts— that is, in places numbering less than 1,000
each. In other words, of every one thousand inhabi
tants of the country at the time the census was taken,
292 were resident in cities, 125 in towns, and 583 in
rural districts, taking the divisions just mentioned as
defining the limits of the three classes. I t is no doubt
true that taking percentages only— remembering that
percentages are usually misleading in such cases— in
all parts of the country the population of the cities and
towns increases more rapidly than that of the rural
districts ; but as we have no statement made up from
the Tenth Census to correspond with the figures drawn
from the Eleventh Census and embodied in Bulletin
N o . 165, it is not possible to make comparisons with
the situation ten years ago.
Almost all the facts to be deduced from the Bulletin
in question are well known facts, which the figures
supplied enable one to state with accuracy. For exam
ple, no one needs to be told that both the urban and the
town population in New England bear a larger propor
tion to the total than they do in any other part of the
country; or that the opposite extreme is found in the
group of States from N orth Carolina to Arkansas.
But the fact when presented in figures is sufficiently
startling. The total population of New England in
1890 was 4,700,745, of whom 2,482,543 were urban,
1,777,922 were dwellers in towns, and only 440,280
inhabited places having less than one thousand popu
lation. The proportions were, nearly, 53 per cent
urban, 38 per cent town, and 10 per cent rural popu
lation. In New Y ork, which comes nearest to New
England in density of population, 3,599,877 were
urban, 525,905 town, and 1,872,071 rural, the total
being 5,997,853; or 60 per cent urban, 9 per cent town,
and 31 per cent rural. Turn now to the group of
States below Yirginia, Kentucky and Missouri. They
[Y ol. LTY.
i n g f ig u r e s .
1880.
1890.
M assachusetts .
Population o f State...........
Cities over 100,000............
Cities 50,000 to 100,000 ..
Cities 25,000 to 50,000___ ...
Cities 8,000 to 25,000....... ...
Towns 4,000 to 8,000........
No. o f
Towns.
1
5
30
31
10 2
Residue...........................
M in n e so ta .
Population of State...........
i
3
6
12
26
49
85
6
Popula~
lion.
1,783,083
382,839
170,433
214,134
351,168
256,627
1,355,203
427,882
780,773
297,894
33,115
38,306
35,776
2
2
4
88,360
19,263
21,944
405,091
8
129,567
651,200
1,262,503
3,513,017
2
2
10
Residue..........................
1,859,300
380,643
1
3
6
896,735
Residue....................—
A labam a.
Population o f State.........
Cities 25,000 to 50,000....
Cities 8 , 0 0 0 to 25,000......
Towns 4,000 to 8,000......
448,477
362,504
344,219
409,731
294,369
1,301,826
2
Clt es 25,000 to 50,000......
Cities 8,000 to 25,000.......
Towns 4,000 to 8,000......
Popula- No. o f
lion.
Towns.
2,239,943
57,254
31,881
34,782
2
123,917
4
1,389,100
1
1
29,132
16,713
12,500
58,351
1,204,154
It will be seen that in Massachusetts the population
in towns of less than 4,000 each has actually decreased,
while in each of the classes of cities and towns above
that lim it the number of places and their population
has increased. In Minnesota the combined population
of the three cities of Minneapolis, St. Paul and Du
luth has increased 242,609 ; but outside of these three
cities the town population has increased but 33,000; and
the rural population has had an addition of 245^000.
In Alabama the city of Birmingham has grown from
nothing to a population of 26,000. Outside of that one
city the growth of all cities and towns of more than
4,000 inhabitants has been but 40,000. W e have not
examined closely the figures for the other States, but
a. cursory look at them indicates that the States chosen
are the extreme cases, and that they gradually shade
into each other. The Bulletin, as we have said, con
firms the current impression regarding the movements
of population, and teaches no new lessons. But it
yields some interesting facts when studied in detail.
THE
J une 18,1862.)
C H R O N IC LE .
N E T E A R N IN G S FOR A P R IL .
As was expected, our statement of net earnings for
A p r il presents less favorable results than the state
ments for the months preceding and makes on the
whole only an indifferent showing. The reasons are
perfectly evident. W ith rainy weather and the wagon
roads in had condition, with a falling off in the grain
receipts in certain sections, with a reduced cotton
movement, with industrial depression prevailing in the
South and on the Pacific Coast, with the iron trade in
an unsatisfactory shape, and with general business
quiet and inactive, hardly any other outcome was pos
sible. T o these circumstances must be added another
factor, also tending to diminish net results, namely a
heavy increase in expenses, for one reason or another,
by several leading roads. The influence of this factor
can be judged when we say that while gross receipts in
our statement show a gain, which though less than the
amount for preceding months, yet reaches over three
m illion dollars, the total of the net actually records a
alight decrease, increased expenses having wiped out
the whole of this three millions increase in earnings.
H ere is a summary of the results both for A pril and
th e four months to April 30.
January 1 to A p ril 30.
(127 roads.)
A pril.
(127 roads.)
1891.
1892.
Ine. or Dec.
1892.
1891.
Increase.
$
$
$
$
$
$
Gross earn’s 56,406,367 53,381,313 +3,025,054 223,683,183 206,978,859 16,704,824
Oper. exp... 40,407,289 37,367,362 +3,039,927 160,241,745 147,457,380 12,784,365
N et eam ’s 15,999,078 16,013,951
-14,873 63,441,438 59,520,979
3,920,459
As against $16,704,824, or 8-07 per cent, gain in gross,
and $3,920,459, or 6*59 per cent, gain in net, for the
lo u r months, the gain in gross for April it will be seen
is $3,025,054, or 5'67 per cent, while the net, as already
«aid, fell off $14,873, or 0*09 per cent. Thi3 is the
¡second successive year in which the A pril results have
been rather indifferent, our statement last year having
xecorded only $86,606 increase in gross and $525,474
ncrease in net. The difference between the two years
appears in the fact that last year the net made a mater
ia lly better comparison than the gross, but this year
the gross shows better than the net. In both cases the
result has been chiefly controlled by the expenses.
I n 1891 the roads were forced to practice the most
rigid economy, owing to the small tonnage promised
'b y the poor crops of the previous season ; this year the
promise being for a large tonnage on account of the
■exceptional crops of 1891 managers were under no such
restraint, and as a rule pursued a much more liberal
policy, in some cases making heavy outlays for im
provements and charging the same to expenses. The
bad weather in some instances also added to expense
¡accounts. Below we furnish a summary of the April
results for a series of years.
Pear and
number
o f roads.
A pril.
3L887 ( 59)
S.8S8 ( .82)
1889 ( 97)
1890 (128)
.1891 (135)
1392 (127)
N et Darnings
Gross Darnings.
Tear
Given.
Increase or
Year
Precedin'). Decrease.
Year
Given.
Year
Preced'g.
Increase or
Decrease.
S
+4,063,81t
+1,630,258
+1,386,110
+6,516,418
+86,606
+3,025,054
$
10,673,279
11,480,538
12,816,342
15,105,728
15,906,216
15,999,078
$
%
8,859,654 +1,813,625
—323,438
11,802,971
+942,657
11,873,685
13,156,814 +1,918,834
+524,574
15,381.672
—14,873
18,013,951
123,323,529 105,746,397 +17,577,132
130,611,724 127,538,951 +3,072,773
162,507,254 153,300,397 +9,206,857
194,217,925 175,003,501 +19,214,424
205,757,167 199,551,234 +6,206,233
223,683,183 206,978,359 +16,704,824
41,273,097
37,311,344
47,973,486
55,878,208
59,753,935
63,441,438
32,798,308
42,423,299
41,334,646
50,150,1*0
56,859.623
59,520.979
$
31,610,281
37,824,575
42,647,279
51,667,593
52,987,642
56,406,367
%
27,576,467
36,194,317
41,280,869
45,151,175
52,901,036
53,381,313
Jan. 1 to
A p ril 30.
1887
1888
1889
1890
1891
1892
( 59)
( 74)
( 95)
(126)
(133)
(127)
+8,476,791
—5,114955
+6,638,840
•1-5,727,748
+2,891,312
+3,920,459
987
The Burlington & Quincy is a prominent example of
a road which has heavily increased its expenses, thus
converting a gain in gross into a loss in net. That
company reports $272,961 addition to its gross, but a
diminution of $235,826 in net, owing to an augmenta
tion of over half a million dollars in its A pril expenses.
The Western system of the Pennsylvania, with gross
increased as much as $453,911, loses $42,504 in net;
the Baltimore & Ohio, with $88,565 increase in gross,
has lost $47,947 in n e t ; the Wabash, with $57,813
increase in gross, has $44,715 decrease in n e t ; the
Louisville & Nashville, with $118,979 increase in gross,
has $4,334 decrease in n e t; the Mexican Central, with
gross increased $68,003, loses $11,329 in n e t; and so
we might enumerate many others. In a few instances
this tendency was reversed. The Northern Pacific,
though having lost $143,810 in gross earnings, has
through reduced expenditures produced $1,030 gain in
n e t; so, too, the Denver & Bio Grande, while having
fallen $32,256 behind in gross, is yet able to show
$24,182 improvement in the net.
There are some quite heavy gains by individual sys
tems in the ease of the gross earnings at least. Thus,
if we combine the Eastern and Western lines of the Penn
sylvania, we find a total gain for that system for the
month of $821,438, which, however, has resulted in a
gain in net of only $87,084. I t was formerly our prac
tice not to include the Western lines ©f the Pennsyl
vania in our aggregates, since the actual amount of the
earnings, gross and net, is not given in the statements,
only the increase or decrease from the previous year
being reported. O wing to the importance, however, o f
the system, we now estimate the earnings for last year,
and base the changes reported the present year on those
estimates; as the results are used only in our totals, we
get a sufficiently close approximation for all practical
purposes. Next to the Pennsylvania, the Reading is noted
for a heavy addition to its gross receipts, the amount
of such addition being $415,722, which includes the
business of the Coal & Iron Company. There are
several other roads with heavy gains in gross— the Bur
lington & Quincy,, already mentioned, with $272,961;
the Erie, with $261,203; the Atchison (whole system),
with $185,757, &c., &c. In the case of the net earn
ings, the large gains are very few, and there is only one
that reaches $100,000, namely that o f the St. Paul.
On the other hand, some quite large losses in net are
to be noted, led by the Burlington & Quincy w ith
$235,826, and followed by the Erlanger system and
several other roads. Thus the Ohio & Mississippi has
suffered a decrease of $53,355, the Baltimore & Ohio
a decrease of $47,947, the Wabash a decrease of $44,715,
the Kansas City Fort Scott & Memphis a decrease of
$36,612, &c. The following comprises all gains and
losses above $30,000 in both gross and net.
P R IN C IPA L CHANGES IN
In c r e a s e s .
tPennsylvania.............
Phila. & R. and O.&I.Co.
Chic. Mil. & St. P a u l...
Chic Burl. & Quincy...
N.Y. L. .Erie & Western.
Atchison &S. P. (4 rds).
*G. T r’k o f Can. (3 rds).
Louisville & Nashville.
JNash. C. & St. Louis...
Baltimore & O. ( 2 rds)..
Mexican Central.........
Minn. St. P. & 8 . 8 . M ..
Canadian Pacific.........
Wai.-ash......... ........
Louisv. N. Alb. & C......
N. Y. Ontario & W est..
Buff. Roch. & P itts ......
G R O S S EARNINGS IN A P R I L . .
$821,433
415,722
322,457
272,961
261,203
185,757
137,065
118,979
111,627
88,565
68,003
63,304
63,009
57,813
55,713
53,404
39,192
l2ICr63.S6S*
Burl. C. Rapids & North.
Illinois Central............
Lake Erie & W estern...
Chic. & West Michigan.
$38,690
33,736
31,183
30,248
Total (representing
29 roads).............. $3,270,069
Decreases.
Northern P a c ific ........
Union Pacific (9 roads).
C. N. O. & T. P. (5 rds).
Georgia.........................
Denver & Rio Grande..
$143,810
107,568
42,969
33,273
32,256
Total (representing
17 roads).............. $359,876
* On the basis of $5 to a &.
t The gross on Eastern lines increased $367,727 and on Western
$453,711.
\ Western & Atlantic included this year onlp; ,
jnCEM
THE
988
p r in c ip a l c h ang és in
C H R O N IC L E
N E T k a e n is g s i n A P R I L «
D ecrea ses.
In c r e a s e s ;
$235,826
Chic. Mil. & St. P a u l... $101,650 Chic. Burl. & Quincy..
111,936
t Pennsylvania..............
87,084 C. N. O. & T. P. (5 rds)
63,982
Atch. and 8 . i ’r. (4 rds).
86,920 C. C. C. & St. L o u is....
53,355
N . Y . L. Erie & W est...
75,045 Ohio & Mississippi......
47,947
liOuisv. N. Alb. & C......
74,463 Baltimore & O. (2 rds)
44,715
*G. T r’k of Can. (3 rds).
66,565 W abash.......................
36,612
Phila.& E. andC.*I.Co.
59,271 Kan. City Ft. S. & M ...
35,961
8 o. Pac. Co. ( 6 roads)..
32,329 Northern Central........
30,670
Norfolk & W estern—
30,133
G eorgia..................... T otal (representing
20 roads).............. $583,327
Total (representing
15 roads).............. $691,137
* On the basis o f $5 to a &.
„ ,
, .
t The net increased $129,588 on Eastern lines and decreased $42,504
on Western.
Th e Northwestern group of roads for the month this
time shows a loss of $187,409 in net, or 9*09 per cent,
and from the heavy decrease on the Burlington &
Quincy it might be supposed that the result had been
chiefly controlled by the return of that road. As a
matter of fact, the St. Paul with the “ Soo” road,
the Des Moines Northern & Western and the
Minneapolis & St. Louis are the only ones recording
improved net, while the other nine all report losses.
Th e Southwestern group presents more favorable com
parisons. In the aggregate that section shows $81,099
increase in net, or 6 *26 per cent, and only four of the
ten roads in that group are obliged to report losses.
T h e Pacific Coast group shows no very important
changes in the aggregate. The Union Pacific suffered
considerable decreases on its Oregon Navigation and
Oregon Short Line division*, but managed to make
up pretty nearly the whole of the loss by gains on other
parts of the system.
Southern roads on the whole present less favorable
exhibits than any others. In the aggregate there is a
falling off in net for April of $148,511, or 10*65 per cent.
Th e least satisfactory feature is the fact that 17 out of
the 27 roads in that group contribute to this decrease.
I n the anthracite coal group there is general improve
ment outside of the Summit Branch and Lykens Valley.
I n the trunk line group the aggregate change is slight,
hut the Baltimore & Ohio, the B ig Four, the Ohio &
Mississippi, the Wabash and the Western system of the
Pennsylvania all fall behind in their net. The decrease
is occasioned almost entirely by augmented expenses, as
the Ohio & Mississippi is the only road in that group
which has suffered a decrease in gross. In the Middle
States group 5 roads have losses and 8 gains. In the
M iddle Western States 11 roads report losses and 10
roads gains. The Louisville N ew Albany & Chicago
has a strikingly good return and reports net for April
1892 of $101,759 against only $27,296 for April 1891.
T h e Lake Erie & Western has also done well, with net
oi $111,966 against $90,378.
S e c t io n o r
Gr o u p .
Gross Earnings.
1892.
1891.
$
April.
$
Trunk lines..(14.) 18,821,094 17,473,218
3,457,403
3,943,276
Anthra. coal( 6)
Mid. States.(13) 1,780,761 1,710,215
Mid. W est’n.(21) 3,004,427 2,884,905
6,935,614 6,175,6á9
Xorthwest’n(lS)
Southwest’n (10) 4,997,565 4,807,469
Paeifle Coast (21) 10,996,162 11,142,662
Southern.... (27) 4,935,523 4,788,458
941,334
991,946
M exican......( 2)
Net Earnings.
1892.
$
5,371,881
781,081
657,432
772,905
1,874,119
1,377,411
3,701,542
1,245,429
317,278
1891.
$
6,353,183
706,635
550,647
703,721
2,061,528
1,296,312
3,638,058
1,393,940
309,924
Tot., (127) r’ds 56,406,367 53,381,313 15,999,078 16,013,951
Jan. 1 to Apr. SO.
Trunk lines..(14)
Anthra. coal ( 6)
Mid. States.(13)
Mid. W est’n.(21)
Northwest’n (13)
flouthwest’n(lO)
Pacific Coast (21)
South’n r’ds.(27)
M ex’nroads..(2)
73,306,638
15,907,088
6,729,071
12,243,415
29,172,912
19,769,512
42,126,544
20,587,236
3,840,767
Ine. or Dec.
$
P . C.
+18,695 0-35
+74,446 10-53
+6,785 1-23
-(■69,184 9-83
—187,409 9-09
+81,099 6-26
4 63,481 1-74
—118,511 10-65
+7,354 2-37
—14,873
68,225,927 20,349,803 19,815,557
+534,246 2-09
13,612,514 3,294,995 2,632,353
+662,642 25-17
6,400,785 1,860,929 1,740,008
+120,921 6-95
11,508,460 3,340,035 3,074,112
+265,923 8-65
23,742,577 9,244,185 7,408,735 +1,837,450 24-81
18,233,637 5,976,033 4,402,380
+673,653 15-30
42,009,082 13,223,119 13,032,592
+190,527 1-46
19,579,638 5,893,695 6,176,988
—283,293 4-59
3,665,739 1,158,644 1,240,254
—81,610 0-58
Tot...(127 r’ds) 228,683,183 206,978,859 63,441,438 59,520,979 +3,920,459
0-09
6*59
("VOL. LIY.
NOTE.—INCLUDED UNDER THE HEAD OF—
Trunk Lines.
Middle West.—{Cone'd).
B. & O., East of Ohio.
Det. Lans. & Nor.
B. & O., W est o f Ohio.
Flint & Pere Marq.
Clev. Cin. Chic. & St. L. Illinois Central.
Peo. & Eastern Div.
Indianap. Dec. & W .
Grand Trunk o f Can.
Iron Railway.
Chic, & Gd. Trunk.
Lake E. Alliance & So.
Det. Gd. H . & M.
Lake Erie & Western.
N. Y . Lake Erie & West’n. Lonisv. N . A . & Chic.
Ohio & Misssissipi.
Pitts. Marion & Chicago.
Pennsylv, East o f P. & E. Sag. Tnsco. & Huron.
W est o f Pitts. Sc Erie.* Toledo Col. & Cin.
Grand RaD. & Ind. sys. Toledo & Ohio Central.
Pittsb. Youngs. & Ash. Tol. Peoria & W .
Wabash.
Northwestern.
Anthracite Coal.
Burl. Cedar Rap. & Nor.
N. Y . Ontario & West.
Chic. Burl. & North.
N. Y . Bus. & W est.
Chic. Burl. & Quincy.
Phila. & Reading.
Chic. Mil. & St. Paul.
Coal & Iron Co.
Des Moines No. Sc West.
Summit Branch.
Iow a Central.
Lykens Valley.
Keokuk & Western.
Milwaukee & Northern.
Middle States.
Minn. & St. Louis.
Allegheny Valley.
Minn. St. Paul-& S. 8. M.
Buff. Roch. & Pitts.
Quincy Omaha & K. C.
Camden & Atlantic.
St. Paul & Duluth.
Lehigh & Hudson River. Wisconsin Central.
New York & Northern.
Northern Central.
Southwestern.
Ohio River.
Atch.Top.& Santa F e Sys.
Staten Island R. T.
Roads Jointly owned
Stony Clove & C. Mt.
St. L. & )3an Fran. sys.
Ulster & Delaware.
Roads jointly own. 14.
West Jersey.
Colorado Midland.
W est Va. Central & P.
Denver & Rio Gr.
Western N. Y . & Penn.
Int. & Gt. Northern.
Kan. C. Et. S. & Mem.
Middle Western.
Rio Grande Southern.
Chic. & W est Mich.
Tex.Sab.Val.& N.West.
Cin. Jack. & Mack.
Bacine Coast.
Canadian Pacific.
Cin. Ports. & Virginia.
Cin. Wab. & M.
Northern Pacific.
Cleveland Akron & Col. Oregon Improvem’t Co.
Cleveland Canton & So. Prescott & Ariz. Cent.
Rio Grande Western.
Cleveland & Marietta.
Det. Bay City & Alpena. San. Fran. & North. Pac.
So. Pac.—Pac. System.
Gal. Har. & S. A .
Louis. Western.
Morgan’s La. & T.
N. V. Tex. & Mex.
Texas & New Orleans.
Union Pacific—
Ore. 8h. L. & Utah N or.
Oregon Ry. & Nav. Co.
Union Pac. Den. & Gulf.
St. Joseph & Grand Isl.
A ll other lines U .P . sys.
Central Branch U. P.
Montana Union.
Leaven. Top. & Southw.
Man. Alm a & Burl.
Southern Roads.
Bir. & Atlantic.
Bir. Sheff. & Tenn. R iv.
Char. Cin. & Chic.
Cheraw & Darlington.
Ches. & Ohio.
Ches. Ohio & Southwest.
Cin. N. O. & Tex. Pac.
Alabama G’t Southern.
New Orl. & Northeast.
Alabama & Vicksburg.
Vicksburg Sh. & Pac.
Georgia Railroad.
Ga. Southern & Fla.
Gulf & Chicago.
J»ck. Tampa Sc K. W .
Kan. City Mem. & Bir.
Louisville & Nashville.
Louis. St. Louis Sc Lex.
Nash. Chat. Sc St. Louis.
New Orleans & Southern.
Norfolk Sc Western.
Petersburg.
Rich. Sc Petersburg.
Sav. Amer. & Mont.
South Carolina.
Tenn. Midland.
Wrightsv. Sc Tennille.
Mexican Roads,
Mexican Central.
Mexican National.
* For the month only.
i W e include these Western lines in our table
by taking an estimate fo r 1891 on which to base the increase reported fo r this
year.
__________________________________
Stock Exchange Clearing -H ouse T ransactions.—The
subjoined statement includes the transactions on the Stock
Exchange Clearing-House from June 6 down to and including
Friday, June 17. Delaware Lackawanna & Western, American
Sugar common and Western Union Telegraph were added to
the list the past week.
STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.
,— Shares, both sides.—, ,------ Balances, one side.----- >
Cleared. Total Value. Shares. Value Shares. Cash. Sheets
$
$
$ Clear’ d.
282
79,200 4,349,000 66,300
June 6 .. .. 908,000 56,300,000
3,552,300
51,000
262
40,30«,000
70,000
..
711,600
!..
265
78,200 3,919,200 53,900
“
8 .. .. 884,000 41,400,000
271
61,400 3,445,000 68,300
“
9.. .. 802,000 51,600,000
269
58,300 3,233,400 70,000
I
1 0 .. .. 717,400 45,500,000
Tot. week.4,023,000
J u n e l3 .. ..1,137,8*0
“ 14.. ..1,329,000
“ 15.. ..1,022,600
“ 16.. ..1,038,800
“ 17.. .. 797,400
!235,100,000 347,100 18,498,900 !309,500 1,349
297
91,300 5,315,100 107,200
61,830,000
317
84,000,000 127,100 7,072,500 178,000
295
64.500,000 101,750 6,091,000 96,200
299
70,406,000 103,700 6.675.000 82,600
291
84,600 5,142,800 76,700
52,600,000
Tot. week. 5,325,600 333,330,000 508,450 30,296,400 540,700 1,499
From May 17 to 24 inclusive the stocks cleared were Chi
cago Milwaukee & St. Paul, Louisville & Nashville, Northern
Pacific pref. and Philadelphia & Reading. On the 25th,
Atchison, Chicago Burlington & Quincy, Rock Island and
Union Pacific were added to the list. On June 4, Chicago
Gas, Missouri Pacific, N ew Y o rk Lake Erie & W estern and
N ew York & N ew England were added; on June 15, Delaware
Lackawanna & Western, Am erican Sugar common, and
Western Union were added.
Condition o f N ation al B ank s in Boston, Chicago and St
Louis.— Mr. E. 3. Lacey, Comptroller of the Currency, has
furnished us this week abstracts of the condition of the
national banks in the cities of Boston, Chicago and St. Louis
at the close of business on Tuesday, May 17,1892. From them
and from previous reports w e have prepared the following,
which covers the results for May 17 and March 1,1892, and
for purposes of comparison the figures for last year (May 4)
are given :
BOSTON.
Number........
May 17,
1892.
55
Mare h 1,
1892.
55
May 4,
1891.
56
Loans and discounts, includ’g overdrafts.1156,702,143 $152,165,178 $147,224,235
10,024,332
10,534,581
Stocks, bonds, &c............................ 13,489,636
17,759,906
25,462,295
Due from reserve agents............... 28.129,301
13,260,841
12,520,115
Due from banks and bankers
.............. 13,532,0o2
2,599,498
2,635,144
Banking house, furniture and fixtures....
2,631,316
156,027
178,586
Other real estate and mortgages owned...
201,009
9,733,121
9,369,857
Gold coin and certificates.............. 10,742,740
1,398,818
1,846,340
Silver coin and certificates............
1,915,578
3,713,294
5,242,376
Legal tender notes and cert’fs of deposit..
5,397,268
720,447
626,022
Bills o f other banks..... ............................
71A291
9,103,764
11,979.014
Exchanges for Clearing House........ ....... 10,116,359
205,248
1,132,111
Current expense* and taxes paid............
. 256,901
408,551
573,309
Premiums on U. S. bonds...............
640,725
583,492
636,494
Other resouroes..............................
578,407
$216,891,574
$234,901,422
.$244,051,786
T o ta l................................
Liabilities—
. $53,100,000 $52,400,000 $51,800,000
Capital stock paid in .............
19,964,522
20,925,367
. 19,186,529
Surplus and undivided profits.
3,347,110
4,287,735
4,473,940
Circulation outstanding.......
62,847
27,739
51,796
Dividends unpaid..................
98,998,616
. 113,437,789 105,489,764
Individual deposits............... .
817,713
277,422
292,763
Other deposits.......................
41,451,706
51,158,995
. 53,341,838
Due to banks and bankers.....
429,000
321,000
57,506
Notes and bills p ayab le.......
13,400
109,625
Other liabilities....................
,$244,051,786 $234,901,422 $216,891,574
Total.
June 18, 1892 j
THE
March 1,
1892.
fiD T d in n
May 17,
C H IC A G O .
1892.
22
Number....................................................
Resources—
Loans and discounts, including overdrafts$100,983,098
Stocks, bonds, &c.....................................
7,721 603
Due from banks and bankers................... 21,004,619
Banking house, furniture and fixtures___
721,781
Other real estate and mortgages owned..
38 j,660
Oold ooin and certificates......................... 20,793,166
Silver coin and certificates......................
2,491,181
Legal tender notes and certifl. o f deposit. 13.131,311
B ill» o f other banks.................................
2,071,551
Exchanges for Clearing-House...............
6,633,098
Current expenses and taxes paid....... . ..
2 0 1,112
Premiums on United States bonds.........
161,379
Other resources......................................
208,803
Total.............................. .
Liabilities—
Capital stock paid in ..........
Surplus and undivided profits.
Circulation outstanding........ .
Dividends unpaid................. .
Individual deposits................
Other deposits.......................
Due to banks and bankers.....
Other liabilities......................
22
-
$92,213,773
6,605,717
25,889,013
689,6*6
238,332
18,795,481
2,3i 9,660
11,155,901
1,728,500
6,763,011
117,165
111,209
264,688
C H R O N IC L E
May 1,
1891.
20 *
^
$85i,293,723
5,906,998
16,375,712
683,400
73,283
17,337,62*
8,875,026
12,749,976
2,107,161
7,275,818
173,687
75,302
163,934
.$176,810,328 $167,282,422 $150,891,973
$21,900,000
12,514,741
779,705
4,228
68,077,332
295,346
63,711,170
. $21,900,000
. 13,025,292
770,255
.
7,017
. 80,465,501
361,581
60,370,679
10 ,0 0 0
$17,500,000
10,645,080
780.980
7,779
68,961,523
724,999
52,331,612
Total...................................................$176,810,328 $167,282,432 $150,891,973
sm j „ iT T o
May 17,
March 1,
M a y i,
S T . L O U IS .
1892.
1892.
9
Number....................................................
Resources—
Loans and discounts, incl. overdrafts...... $29,209,031
Stocks, bonds, &c................... ...............
3,032,538
Due from banks and bankers.......... ......
6,172,103
Banking house, furniture and fixtures....
876,318
Other real estate and mortgages owned...
182,922
Gold coin and certificates.........................
4,003,404
Silver coin and certificates.......................
1,914,585
Legal tender notes and cert’fs o f deposit.
1,958,577
Bills o f other banks..............................
401,156
Exchanges fo r Clearing House................
958,901
Current expenses and taxes paid............
125,209
Premiums on U. S. bonds...................
93,625
Other resources........................................
129,638
9
$28,409.765
2,949,510
5,667,373
876,150
182,922
3,090,987
2,157,682
2,326.386
283,648
1,230,399
97,341
94,125
152,806
Total...........................................
$49,058,007
Liabilities—
Capital stock paid in................................. $10,700,000
Surplus and undivided profits..................
2,538,996
Osculation outstanding..........................
359,580
Dividends unpaid.....................................
12,767
Individual deposits................ , ................ 21,111,201
Other deposits ........................................
250,000
Due to banks and bankers....................... 14,005,411
Other liabilities................ .......................
80,052
$47,519,094
$10,700,000
2,428,418
405.000
30,175
18,621,664
250.000
15,083,837
Tota l.................................................. $49,058,007
$47,519,094
1891.
8
GOLD.
SILVER.
1891-2.
J u ly ........
August___
September
O ctober...
November.
December.
J anuary...
February..
M arch___ .
A p r il......
M a y .........
$
67,733
755,198
1,018,285
2,139,136
2,434,892
1,857,430
76,456
91,812
56,513
88,551
93,787
Total.
2 0 ,10 1
22,505
54,076
22,193
29,871
Ooin.
Bullion.
|
8
38,468
35,740
119,426
156,433
147,868
276,483
I
106,201
790,938
1,137,711
2,295,569
2,582,760
2,133,913
96,557
114,317
110,589
110,744
123,658
T e t .llm o s 8,679,793 923,164 9,602,957
4?, 180
146,572
16,471
149,402
23,515
' 18,587
19,925
27,763
19,087
46,674
54,752
$
227,510
183,912
181,048
304,628
234,815
161,083
214,173
217,479
219,362
206,653
172,810
Total.
$
268,690
330,484
197,519
454,030
258,330
179,670
234,098
245,242
238,449
253,327
227,562
563,928 2,323,4732,887,401
EXPORTS OF GOLD AND SILVER FROM SAN FRANCISCO.
GOLD.
SILVER.
MONTHS.
Coin,
B u ll’n
Total.
Ooin.
B ullion.
Total.
1891-2.
July.........
August___
September
O ctober...
November.
December.
Jan u ary. .
February..
M arch......
A p r il........
M a y .........
$
149,263
91,117
97,322
- 96,435
32,629
67,814
85,307
82,010
43,542
34,642
6,823
$
$
150,163
580,982
91,942
8*9,318
97,322
925,234
97,035 . 583,872
34,089 1,349,410
68,554
832,516
85,307
246,117
82,010
301,263
43,542
483,267
34,664
405,224
6,823
334,905
$
580,982
859,387
969,534
583,872
110 ,0 0 0
1,459,410
832,516
193,000
439,117
46,000
347,263
106,500
589,767
47,500
452,724
178,200
513,105
Tot. 1
786,904 4,547j 791,451 6,862,108
765,569 .7,627,677
1
mos
$
900
825
600
1,460
740
"2 2
___
[F rom our ow n correspondent. ]
L ondon, Saturday, June 4, 1892. ' '
There has been a very slight hardening of the money
market this week, but it isow in g to purely temporary causes—
the end of the month, the consols settlement and the falling
due of some loan instalments. N ext week the market w ill
doubtless be as lifeless as ever, for gold is still coming in from
abroad, and w ill continue coming for a considerable time yet,
trade is falling off, and speculation is absent. A t the begin
ning of the week a million and a-half sterling of Treasury
bills were offered for tender. About £900,000 were taken in
three months’ bills and about £600,000 in twelvemonths’ bills.
The three months’ bills were taken at an average of % per
cent per annum and the twelve months’ bills at an average of
less than 2 per cent per annum, the lowest price ever
accepted.
number of members took Founders shares and otherwise in
terested themselves in promoting the bank, and the Com
mittee of the Stock Exchange has given notice that in doing
so those members have contravened the rules of the body to
which they belong, and must retire from the transaction. The
main business the bank is intended to do is Contango business,
$42,106,012 and therefore it would be, were it to succeed, a formidable
rival of brokers.
IM POSTS OP GOLD AND SILVER AT SAN FRANCISCO.
B ullion
|©aromerctal % uQ lisix gteurs
$9,700,000
2,324,643
360.000
2,427
17,876,000
225.000
11,517.942
100.000
W e have received this week from the Collector of Customs
at San Francisco the details of the imports and exports of gold
and silver through that port for the month of May, and we
give them below, retaining the figures for preceding months
o f the fiscal year 1891-92. The imports of gold during May
w ere $123,658 and of silver $227,562, or an aggregate of $351,290. These supplies came from Australia, Mexico, Victoria,
and South and Central America. There has been received
during the eleven months a total of $9,602,957 gold and
$2,887,401 silver, which compares with $6,327,603 gold and
$3,429,420 silver for 1890-91. The shipments of gold in May
w ere very light— only $6,823 coin— Japan taking $100 and the
remainder going to China. The exports of silver were $334,905
Mexican dollars and $178,200 bullion, of which $114,905 coin
went to China, $220,000 coin and $155,800 bullion to Japan
and $22,400 bullion to Calcutta.
For the eleven months
the exports of gold have been $791,451 against $1,498,217 in 1890-91 and $7,627,677 silver has been sent out,
against only $5,098,835 in 1890-91. The exhibit for M ay and
the eleven months is as follows :
MONTHS.
H&cm;
$27,532,695
2,685,836
Naturally the plethora of money is encouraging promoters
2,795,348
786,377
128,761 and issuing houses to bring out new loans and companies. A s
2,542,809
1,172,899 yet they are not very numerous, and the companies are chiefly
2,366,920
191,921 the conversion of private concerns into joint-stock companies«
1,638,674 But there has been this week brought out a bank specially in
68,133
57,409 tended for accommodating the Stock Exchange. A large
138,780
IM PO R TS AND E X PO R TS OF GOLD AND
S IL V E R A T S A N FRANCISCO.
Ooin.
■
£989
$
40,069
44,300
The price of silver has fluctuated during the week between
40 l-16d. per ©a. and 40J£d. per oz. There is very little de
mand for abroad and no speculation. The market follows the
movements in N ew York.
Several circumstances have combined to lessen business
upon the Stock Exchange this week. Chief amongst them
undoubtedly is the weakness in N e w York. People here are
impressed by the fact that the general public throughout the
United States appear to be holding quite aloof from the stock
market, and that in consequence the bears are able to do
pretty much as they please. Therefore the disinclination to
buy shares, which has been a marked feature of the past two
years, is grow ing stronger and stronger. There is still a fair
investment demand for good American bonds, but shares have
passed quite out of favor. W hether the public would be
tempted to come into the market, if there was a turn in N e w
Y o rk and prices were not only put up but were kept up well
for a considerable time, remains to be seen ; but for the pres
ent brokers unanimously declare that their clients w ill not
touch shares. The other influences affecting the Stock E x
change are the Jewish Pentecost holidays and the Epsom
races, while already the approach of the elections is warning
every one to avoid incurring fresh risks. It is generally be
lieved that the dissolution w ill take place about the 20th of t.hig
month, and that elections w ill be held in July.
The Continental Bourses, too, have been rather weak,
mainly owing to the Nancy fetes which w ill begin to-morrow.
The Geyman press has been writing for some time in a
threatening w ay respecting these fetes, and it is naturally
feared that if anything foolish should happen action may be
taken in Alsace-Lorraine which may excite French suscepti
bilities. Another circumstance that has affected the Paris
Bourse is the adoption of an amendment to the Savings Banks’
Bill authorizing the French Treasury to lend in future to the
communes. Heretofore the Credit Foncier d ; France has
been the main lender to the communes as well as to the
agricultural classes, and of course the competition of the
French Treasury would very injuriously affect it. It has
been
pointed
out, for instance, that if the Treasury
were to lend largely, the communes might re-pay to
the Credit Foncier existing loans ; but the Credit Foncier
to get the money to lend to the communes, has issued large
amounts of bonds which run for a fixed number of years, and
consequently the Credit Foncier could hot pay off those loans
even if it were itself repaid the loans due to it. A n d in Berlin
disappointment is felt because the Czar w ill not go to that
city. It is arranged that he is to run over from Copenhagen to
K iel and to meet the Emperor there, returning in an hour or
£90
THE
[Y ol . LIV ,
C H R O N IC L E .
1two. But while speculation is as stagnant as ever, except in
$he South American market, there is a good investment demand
-for all kinds of sound securities, and in the present plethora
o f money the demand is likely to continue and prices of such
securities are likely to go higher. Argentine Government
loans are fairly w ell maintained, but not active juet now.
^Industrial securities, however— especially railroad stocks are
-moving upwards, and there has been an advance in other
33outh Am erican securities, especially Brazilian and Chilian.
The strike in Durham has at length baen happily ended by
ithe intervention of the Bishop of Durham. Professing in
a b ility to judge which side was right in the struggle, the
B ishop invited both to send representatives to his palace,
o fferin g himself to act as mediator between them. They
¿agreed to do so, and the Bishop succeeded in inducing the
representatives of the men to agree to a reduction of wages
o f 10 per cent. The employers had demanded a reduction of
1 3 ^ per cent, and though they ageeed to the smaller reduc
tion, they still maintain that the state of trade does not
authorize such high wages. It has also been agreed that a
B o ard of Arbitration is to be formed to decide all future dis
Zealand, $30,000; West Indies. £37,000; total, £281,000. Shipments
—To Bombay, May 27, £15,000; June 2, £20,<¡00.
Silver—Bars were steady at 40 l-16d. until Monday, when, w ith a
good demand, a rise to 40 %d. took place. Since then each day has seen
a slight advance, helped bv steadier exchanges and scarcity o f cash
supply. To-day the price is 40 7-16d. A rriva ls—From Brazil, £80,000;
West Indies, £27,000; total, £107,000. Shipments—May 27, to H iogo,
£118,000; May 27, to Bombay, £99,300; June 2. to Bombay. £70,300.
Mexican dollars—Some dealings have taken place for the East at th e
usual difference, and business was done at 39% !., bat to-day 39 5-16d,
is quoted fo r some per " Lafayette.” Shipments—To Bombay, May 27.
£39,000; Penang, M ay 28, £22,000.
The following shows the imports of cereal produce into the
United Kingdom during the thirty-nine weeks of the season
compared w ith previous seasons :
IMPOSTS.
1888-89.
1891-92.
1890-91.
1889-90.
Emportsofwheat.cwt.48,977,298 41,983,933 39,576,633 46,315,337
15,483.543
Barley....................... 14,740,266 14,022, LOS 12,452,297
Oats.......................... 10,516,812 10,928,517 9,161,358 11,348,379
1,916,082
1,583,557 1,445,605
Peas. ....................... 2,203,460
2,542,637
Beans........................ 2,803,395
2,271,270 2,466,627
Indian c o r n ......... . 21,116,810 20,833,040 29,951,618 21,850,437
Flour........................ 15,132,097 12,526,236 13,281,278 10.752.632
Supplies available for consumption (exclusive of stocks on
September 1):
1891-92.
Wheat................ ewt. 48,977,298
Imports of flour........ 15,132,097
Sales o f home-grown.25,466,951
1888-89.
1889-90.
1890-91.
41,983,933 39,576,633 46,315,837
12,526,236 13,261,278 10.752.632
29,547,928 38.671,700 29.202,126
putes.
T otal................... 89,576.346 84,058,095 91,509,611 86,270,095
• The negotiations between the European and American cop
1888-89.
1889-90.
1890-91.
1891-92.
293. 03.
32s, l i d .
40s. Id.
p e r mine owners have been brought to a successful termina Aver, price wheat week.3 Is. 2d.
31s.
04.
30s.
3d.
34s.
Id
.
Average price, season..34s. 7d.
tion. One of the European mines held out for a long time
Th® following »hows th® quantities of wheat. flour and
¿against the proposed arrangement, but it has given in its admaize afloat to the United Kingdom
.ihesion this week. It is understood that the production is to
1890.
1891.
This week.
Lasi week.
2.861,560
2,614,000
2,423,000
Dbe reduced by five per cent, and that the American mines are Wheat............... qrs. 2,407,000
287,*0*
885,000
Flour, equal te qrs.
293,000
305,000
6 8 ® ,0 0 0
4 2 *0 0 0
¿also to restrict their exports to Europe. The agreement i» to M a ize .............. ®r*.
*21,000
83*,500
$;ake effect from July 1st.
E a s l i s h IP in a u c la l a s r k e i s - P e r C a ttle .
The weather this week has been very favorable, showery
The d a i l y closing quotations for securities, See., at London
a n d warm, and there is a decided improvement in the agri are reported bv cab! «Las follows for th® week ending Jun® 17:
cultural outlook at home and abroad. The change for the
T r i.
Wed. j Thurt.
Mon.
Tuet.
Sat.
London.
Ibetter, however, has come too late for the bay crop,
40%
'«which C3 n
hardly be other than bad.
Cereal crops Silver, per oz...............d 40 %
40%
40%
41
1 41
98i4i6 961&10 •61 I i Ì ®$,1je 9 6 llls
m a y yet turn rut better than any one thought pos Consols,new, 2 % per cts. 9616i6
96%
96%
96%
97
97
do fo r account....... 97
sible a little while ago if the weather continues favorable. Fr’ch rentes (in Paris)ir. 8975 99-87% 10005 100-45 99-90 99-72%
1
2
1
1
2
1
1
2
1
1
2
1
1
2
1
1
2
1
U. 8 . 48 o f 1907............
I n France there are loud complaints that not enough of rain Canadian Pacific........... 91
91%
91%
91%
91%
92%
84
83%
85
84%
843s
80%
has fallen and that the heat is too great. But probably oats Chic. Mil. & St. P a u l....
105% 105% 105% 104%
Illinois Central.............. 104ia 105
137%
136% 137% 137
w ill suffer more than wheat. Throughout the rest of Europe Lake Shore................... 133
136%
73%
73%
74%
75
74%
Louisville & N ashville.. 74
a more favorable view i3 now taken than lately, but the news Mexican
73%
74
73%
7334
7334
73%
Central 4s......
116
116% 116
116
from Russia is still very conflicting. The official reports state N. Y . Central & Hudson. 115% 116
28
28%
28%
29%
28%
ST. Y . Lake Erie & West’n 27%
that a great improvement has taken place, while private in
103% 108% 108% 108% 108%
do
2 d cons.......... 107%
47%
47%
47
47%
formation received in London i* to the effect that the drouth Norfolk & Western, pref. 46%
56%
56%
57%
56%
56%
Northern Paciflo p ref... 56
»6%
57
57
56%
56%
has done irreparable damage in the south, and that the Pennsylvania................ 5638
*0 %
313s
30%
30%
30%
Philadelphia & Heading. 30^8
42%
41%
area sown is very short, owing to the ecarcity of cattle Union Paciflo................. 40%
41%
41%
41%
25%
26%
26%
25%
24%
25%
Wabash
p
ie
f.................
a n d of seed. Y et the unfavorable rumors are hardly
* For July account, ex--lnterest.
consistent with the belief now generally entertained that
ifche export of wheat w ill be authorized in a week or so
(ftcmxraerctal m id fa te c e li k w o k s W z w s
Jfhrmers throughout the United Kingdom are still complain
rang loudly of their losses. They say that this year ha* been
N atio n al B anks .— The fo llow in g national banks have
«one of the worst ever experienced. Every one concluded last
recemtlv been organized:
«September that wheat would be unusually d e a r; farmers
4 7 4 9 _The Montgomery County National Bank o f Cherryvale, K an .
’
Capital, $50,000. O. F. Barson, President; R evilo N ew ton ,
therefore, held back their supplies, hoping for prices ranging
f/ftsM fty
fr o m 45s. to 50s. per quarter, It is said that they have had to 4 750—The N ew Duluth National Bank, N ew Duluth, Minn, Capital,
’
$30.000. Edw. L. Bradley, Presid en t; George W. Keyes,
fa k e fully 10s. per quarter less, and that about half the prod
Ciislilcr»
vice is still unsold. It is estimated by a very good authority 4 751—The Home National Bank o f Royersford, Pa. Capital, $50,000.
’
j , A. Buckwater, P resid en t; George W. Bowman, Cashier.
fh a t our farmers have lost in wheat alone fully two millions 4 752—The First National Bank of McDonald, Pa. Capital. $50,000.
Edward McDonald, President; G. 8 . Campbell, Cashier.
¿sterling since September, and they have lost further, because
4 753—The Traders’ National Bank of Lowell, Mass. Capital,$200,000.
f h e general expectation was that wheat w o u ll be more profit
?
Charles J. Glidden, Presid en t; W illiam F. Hills, Cashier.
4 754—The Citizens’ National Bank of Belle Plaine, Iowa. Capital,
sable than cattle ; most farmers consequently bought in fevve
$50,000. E. E. Hughes, P resid en t; ------------------ -.Cashier.
4 755—The Rock Springs National Bank, Rock Springs, Wyoming.
cattle than usual and held back their grain.
Capital, $50,000. Timothy Kinney, President; Frank.
The following return shows the position of the Bank of
Pfeiffer, Cashier.
E ngland, the Bank rate of discount, the price of consols, &Ci,
I mports a n d Exforts for t h i s W i w . - T h e following a r e
com pared with the last three years:
th® imports at N e w Y o rk for the week ending (for dry good*)
Jun® 9, and for the week ending (for general merchandise,
1S8».
18P4.
1891.
ISPS.
June 10; also totals since the beginning of the first week in
June 5.
June 4.
June *.
June 1.
£
January.
£
£
£
CHrc alai,t o n ..............................
Public deposits..........................
Other deposits.........................
Government securities.............
Other securities........................
R e s e rv e ...................................
Gaia end bullion................. .
P ro », assets to liabilities.per et.
Bank ra te ..................... per ct.
C >nsoIs
per eent.................
Cleerina-House returns..........
2<¡,135,155 25,011,000 24,858,440 24,731,415
9,556,594
4,434,991
6.284.407
6,482,711
29,607,403 13,134,799 15,140,842 24,811,071
16,014,085
9,141,805 15,505,577
11,354,910
26,513.307 29,942,101 19,871,878 23,130,040
16,135,611 17,660,596 18,187,885 14,104,079
25 910,766 16,231,996 21,590,775 22,636,494
40 «4
43%
44H
44^
1%
S
2
4 (June 4)
99
1-1°
97 1-16 x d 94 13-16 x d 97 1-16 x d
138,618.000
178,238,009
145,138,000
18^,304,000
FOREIGN IMPORTS AT NEW YORK.
F or Week.
1889.
1890.
Dry Goods......
Gen’l iner’diso.
$1,971,564
6,040,937
$2,844,726
8,070,189
T ota l.........
Since Jan. 1.
Dry Goods......
Sen’l mer’dise.
$8,012,501
$10,914,915
$61,927,172
159,229,153
$67,922,928
169,210,273
J 891.
1892.
$1,192,650
6,889,145
$1,597,551
10,072.567
$8,081,804
$11,670,113
$54,768,104 $55,641,829
188,470,539 199,770,824
Total 23 weeks. $221,056,325 $237,133,201 $243,238,643 $255,412,653
Messrs. Pixley & A bell write as follows under date of June 2 :
G old—Alm ost daily fresh demands fo r the Continent have absorbed
arriva ls of gold in the open market and the Bauk has not received
m ore than about one-third during the w eek; £ 2 0 2 , 0 0 0 has reached the
Hank, and £75,000 in sovereigns have been withdrawn for Rio. A r
r iv a ls —Natal, £144,000; Brazil, $8,000; Australia, $62,000; New
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of N e w Y o rk to foreign ports for the
week ending June 14 and from January 1 to date :
J une 18, 18Ö2.J
THE
C H R O N IC L E
EXPORTS PROM N E W YO R K FOR THIS W ERK.
1889.
T ot the w e e k ..
P rev. reported.
ia ö o .
$6.556,401
144,623,205
1891.
New York City, Boston and Philadelphia Banks :
1
1892.
$7,687,529
145,218,931
$5,887,241! $8,624.141
149,186,586 174,889,603
...
1
T otal 23 weeks. $15l,179,6O6$152,906,460 $155,073,827 $183,013.744
The follow ing table shows the exports and imports of specie
at the port of N ew Y o rk for the week ending June tl and
since Jan. 1, 1892, and for the corresponding periods in 1891
and 1890:
EXPORTS AND IM PO RT8 OP 8PECIE AT N E W YO R K .
Exports.
G ild.
Week.
Great B r ita in ....__ _
Fran ce......................
Germ a » y ....................
W est Indies......... .
M exico................. .
■oath Am erica.........
A ll other countries..
Imports.
Since Jan. 1.
$150,000 $5,952,143
500,000
8,360,228
900; 00
5,694,200
6,253,178
8 ,0 0 0
6,500
983
867,943
$1,658,983 $27,134,192
538,172 60,324,228
1,330,950
4,424,403
Total 1892.........
Total 1891.........
Total 1890.........
Week.
Week.
G reat B ritain .........
Fran ce................... .
Germ any..................
West. Indies..............
$28,725
4,496,901
914,150
180,999
24,795
350.501
141,765
$3,918
5,150
2,427
$11,495
15,110
6,269
Exports.
Silver.
Since Jan. 1
$6.137,836
1,660,127
4.123,440
Imports.
Since Jan. 1.
South A m e ric a ........
A ll other countries..
$260,500 $8,775,981
3,850
497,139
1,300
698.667
22,785
38,215
521,970
4,043
12,840
T otal 1892.........
T otal 1891.........
T otal 1890.........
$291.183 $10,546,112
6,838,885
64,875
59,050
8,717,244
Week.
Since Jan. 1.
$20,439
94.437
86.255
112,039
50,467
266.914
17,884
$20,082
12,489
15,975
$48,546
2,906
1 0 t,2 8 l
$648,485
774,645
2,800,629
O f the above import* for the w e e k in 1892 $10,538 w e r e
Am erican gold coin. O f the exports during the same time
$1,658,000 were American gold coin.
— Tbe Bank of Buffalo, Mr. W m . C. Cornwell, Cashier,
has promptly issued a circular to banks quotiag the text of
Section 44 of the recent N e w Y o rk State law relating to tbs
law fu l money reserve. The circular gives the bank’s quar
terly statements showing deposits and reserve from June,
1887, to date, And invites correspondence from banks to act
as their reserve agent.
N ew Y o rk City B ank Statement for the week ending June
11.1892, is as follows. We omit two ciphers(00) in all cases.
Ba n k s .
omitted.)
Bank of N ew Y o rk ...
Manhattan Co............
Merchants’ ................
Mechanics’.................
America.....................
Phenix.......................
C ity ............................
Tradesmen’ s .............
Chemical............... .
Merchants’ Exchange
Gallatin N ational.. ,..
Batchers’ <fc Drovers’.
Mechanics’ & Traders
Greenwich.................
Leatnei Manufact’rs.
Seventh N ational......
State of N ew Y ork....
American Exchange..
Commerce.................
Broadway..................
M ercan tile...............
P a c ific ...................
Republic...................
C hatham ............. .
Peoples’ ....................
North America.........
H anover...................
Ir v in g ........................
Citizens’ . . . . . ............
N assau .................... .
M arket <fc Fulton___
Bt. Nicholas............. .
Shoe <fc Leather.........
Corn Exchange..........
Continental..............
Oriental...... ...............
Im porters’ & Traders’
Park.........................
East R iv er...............
Fourth National.......
Central N ational.....
Second National........
Ninth N ational....___
F irst National...........
Third N a tio n a l........
N . Y. N at’l Exchange
B o w ery .....................
N ew Y ork Connty___
German-American....
Chase National.........
F ifth A ven u e ...........
Merman Exchange....
Serm ania. . . . . . . . . . . . . .
United States............
Lincoln......................
B arfield....................
F ifth N ational..........
Bank of the Metrop...
W est Side..................
Seaboard...................
Sixth National..........
Western National___
First Nathvnal.B’ klyn
Southern N ational....
Capital. Surplus.
S
2 ,0 0 0 ,0
2.050.0
2,000,0
2,000,0
3.000.
1 .0 0 0 .0
1 ,0 0 0 ,0
750.0
300.0
600.0
1 ,0 0 0 ,0
300.0
400.0
2 0 0 .0
600,0
300.0
1 .2 0 0 .0
5.000.
5 .0 0 0 .
1 ,0 0 0 ,0
1 ,0 0 0 ,0
422,7
1.500.0
450.0
2 0 0 .0
700.0
1 ,0 0 0 ,0
500.0
600.0
500.0
750.0
500.0
500.0
1,000,0
1,000,0
300.0
1.500.0
2.000.
250.0
3.200.0
2 .0 0 0 .
300.0
750.0
500.0
1 ,0 0 0 .0
300,0;
250.0
2 0 0 .0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
150.0
300.0
200.0
500.0
200.0
2 .1 0 0 . 0
300,0
1 ,0 0 0 ,0
2,009,
1.647.
Loans.
$
14.220.0
11.786.0
8,160,2
9.859.0
18,0< 7,9
473.6
5.705.0
2,553,4 16.808.1
208,2
2.861.4
6.848.3 24,462,1
150.1
4,210,9
1.550.8
6.657.7
309.6
1.789.8
421.2
2.560.0
157.0
1.168.9
669.2
3.424.8
80,6
1.704.9
506.4
3.269.5
2.187.4
0
18.395.0
3.584.8
0
23,648,8
1.587.6
6.176.8
1.087.7
9.132.5
438.6
2.934.1
869.2 12,650,4
842.1
6.645.0
318.7
2.280.1
Ci 0,7
5.893.8
1.8
JO,6
17,941,6
339.4
3.204.0
457.7
2.774.8
264.1
2.710.3
804.4
4.336.7
119.8
2.127.3
258.2
2.812.0
1.229.4
8.973.4
277.8
5.616.2
414.0
2.148.0
5.569.2 25.620.0
2.901,6
U
27,724,3
141.2. 1.123.8
1.893.2 25.349.0
551.2
8.558.0
0
448.1
4.940.0
203.0
3.454.5
7 051,5 27,>47,8
’ 64,8
4.985.8
169.0
1,606,4
501.0
2.709.0
568.4
3.117.3
283.5
2.832.7
1.055.8 15,290,2
890.1
6.681.8
569.2
2.921.9
515,7
3.056.4
650.0
7.129.7
411.9
5.229.9
420.2
3,831;
328,6<
1 .8 6 6 .6
685.6
5,095. V
257.4
2.327.0
204.4
4.781.0
355.0
1.598.0
208-3 1 2 ,2 1 6 , 6
800.0
4.397.0
143,0
2.114.8
1 ,0 0 1 , 2
2 ,0 1 1 , 0
2.101.7
0
, Sped«.
Legale.
2,600,
2.520.0
1.561.0
3,661,
641.8
2,062,
794.0
1,580,
2.823.5
2,819.
833.0
979,'
740.0
4,773,:
308.1
545,
2.942.6
6,591,'
798.3
615;
324.3
1,151;
227.4
406,:
375.0
330,<
131.1
175,
313.8
549.1
68,3
886;
804,!
610.9
3.223.1 3.014.0
4,980,; 3.540.2
229.7
1,284;
1,336,’ 1.443.7
612.5
7t»5,i
1,672; 2.364.8
612.1
1,?83,<
439.7
314.5
609.8
617.Í
830.6
4.044.1
308.6
517,;
401.6
817.1
667.3
164.1
645.5
6 6 5, Í
275.4
285.0
523.0
498.0
281.0
2.109.1
330.3
1,4.16.
627.7
141.0
5.470.0 2.135.0
7,550,6 3.322.6
134.4
251.6
3.573.5 2.406.4
2.176.0 1 .2 1 6 . 0
1.413.0
389.0
732.3
346.1
6.673.4 2.543.4
745.4 1.121.3
253.8
147,.
741.0
180,0
1 .0 1 0 . 0
3 Ì 3,0
663.0
185.6
3.958.6 1.368.7
1.301.7
346.4
182,8
623.8
396.8
506.7
2.274.6
471.2
1.361.0
306.2
1.087.6
930.3
398.1
208.8
1.498.4
482.6
546.0
275.0
908.0
488.0
240.0
311,0.
1.814.6 1,356,6
1.013.0
306.0
342.0
837.3
Deposits.
15,520,
14,225,
8,808,
8.816,
19.635;
6.072;
19.156,'
3,210;
26,893;
5.135.1
6,052,!
2.019.1
2.705.1
1.147,;
3,065,!
1.815.1
2.703.1
17,920, (
21,355,;
5,595;
0,972,1
3.807.1
14,607,'
7,197,«
3.324,Í
5.777.1
20,218,£
3.233.1
3.481.7
3.002.3
4.642.1
2.267.7
8.507.C
8.973.1
6.720.1
2.204.1
27.178.1
34.269.1
1.071.4
26.385.2
10,568,1
6,161,C
4.293.7
29,057,5
6.755.4
1.571.5
3.071.1
3.991.0
2.904.7
18,710,4
6.315.7
3.545.7
3,684,9
9.129.1
6,174,3
5.384.7
2.053.1
6.460.0
2.672.0
5.519.0
1.540.0
13.03?,
4.654.0
,852,0
Vte&l------.... — . 60.872.7 67-906.8 493.669.7 1029459 66.120 7 542 083
Banks.
N. Y o rk .
May. 14...
“
21
..
“
28 ..
Jane 4 ..
“
1 1
....
B o a t o « .*
May 28...
Jane 4 ...
Capital a
Surplus.
Loans.
Specie.
$
127,077.1
127,077,1
128,279,5
128,27»,5
128,279,5
f
492,053,8
490,946.7
488,813,*
492,701,7
493,669,7
«
99,105,7
1011717
1037424
1040358
1020459
Legale. Deposits,i Oirc'Vn Clearings»
$
49,350,6
52,008.2
*4,895.5
55,159.2
56,120,7
%
530,736,7
534,495,7
538,100,3
542,061,0
542,083,0
8
$
5,702,2 741.500,T
721.310, »
6,794,1 680.289,*
6,723,6 599.508 »
5,601,5 644,836, &
**
1 1
...
64,642.9 169,321,7 11,325,6 6,043,6 157,245,6 4,350,4 93.542.»
64,642,9 171.534,5 11,595,2 5,439 7 158,209.7 4,427.? 88,097,»
64,642,9 172,844,7 12,251,8 5,128,8 105,171,2 4,579,2 90,2 11.»
“
1 1
...
35,793,7 101,026,0
35,79»,7 101,310,0
35,793,7)102,220,0
P h il«.*
May 28...
Jane 4 ..
43,007,0
42,695.0
42,459,0
119,032,0 3,493,0
113,144,0 3,483.0
118,532,0 3,491,0
72.338,*
71.167,368,186,9)
• We omit Pieo ciphers in all these figures, t Including, fo r Boston and P h iln
delohia. the item “ due to other banks.”
United States Su b-Treasury.— The fo llo w in g table show®
the receipts and payments at the Sub-Treasury in this city, ast
w ell as the balances in the same, fo r each day of the week.
Date.
J u n e li
“ 13
“ 14
“ 15
“ 16
<« 1 7
Total
Receipts.
Payments.
2,-3*7,285
2,825,476
2,835,036
2,961,968
2,951,314
2, «05,432
$
2,8-14,691
2,988,491
8,010,729
8,599,648
3,150,415
3,498,766
16,446,511
18,512,634
Balances.
Coin.
Coin Cert's.
$
99,618,222
99,370,052
99,391,549
96,841.719
96,982,692
92,615,936
$
11,504,8*9
11,429,335
11,280,665
13,837,781
13,057,091
16,772,807
C urrency.
$
16,008,83£>
16,183,494=
16,134,974
15,890,115»
15,930,731
15.689.33T'
.................
— Messrs. N . W . H arris & Co., of this
Boston, present for the consideration of
City H all 5 per cent bonds of the city of
due in 1912.
— Attention is called to the offering of
school bonds by the city of Oakland, Cal.
in “ State and City Department.”
city, Chicago an d
investors $300,000'
Omaha, Nebraska*,
$400,000 5 per cenfc
See advertisement
and fftuaixctal
BANK
ANNUAL
OF
M O NTREAL.
G E N E R A L M E E T IN G H E L D J U N E
8 th,
18931.
(From the Montreal Gazette of June 7th, 1892.)
Tlie annual meeting of the shareholders of the Bank of Montreal w a s
held in the Banking House yesterday at 1 o’clock. Am ong those in.
attendance were Hon. Sir D. A. Smith, James O’Brien, Robert Ander
son, W. H. Meredith, H. Hogan, John Morrison, J. H. R. Molson, Judge-.
Cross, John Crawford, John Dunlop, Captain Benyon, George M acrae„
Q.C.; J. W. Howard, Hector Mackenzie, F. S. Lyman, Q.C.; James Bur
nett, J. B. Learmont, Hon. George A. Drummond, Hugh McLennan, E..
F. King, A. T. Paterson, M. S. Foley, James Tasker, J. T. Molson, Lock
hart McTavisli, W. C. McDonald, R. Benny, H. E. Murray, Sir Josephs
Hickson, R. Forget, J. A. L. Strathy, Alex. Mitchell, James Moore, W_
Mackenzie, H. Gordon Strathy, E. S. Clouston, E. B. Greenshields*
Alex. Lang, W. R. Miller, Henry Mason, J. L. Marler, C. Meredith, G „
Cheney, J. L. Morris, R. Moat, Richard White, A. B. Buchanan, Hon. D _
A. Macdonald, John Beattie and A. Walmsley.
On motion o f Mr. Robert Anderson, Sir Donald A. Smith was re
quested to take the chair.
I t was then moved by Mr. John Dualop, seconded by Mr., John Craw
ford, that Messrs. F. 8 . Lyman, Q.C., and James Burnett act as scru
tineers, an dt aat Mr. A. B. Buchanan he the secretary of the meeting;
T H E A N N U A L REPO RT.
Mr. E. S. Clouston, the General Manager, was n ext called on to read
the report.
The Directors beg to present the 74th Annual Report showing the re
sult of tne Bank’s business of the year ended 30th April, 1892.
Balance of Profit and Loss Account 30th April, 1891...... $439,728 3 »
Profits for the year ended 30th April, 1892, after deduct
ing charges o f management, and making full provision
for all Bad and Doubtful Debts................... ................... 1,325,887 OS
$1,765,615 3 S
Dividend 5 per cent paid 1st December, 1891...$600,000
Dividend 5 per cent payable 1st June, 1892...... 600,000
1 ,2 0 0 , 0 0 0 0 0 »
Balance of Profit and Loss Account carried forw ard...... . $565,615 3 S
Referring to the preceding figures, the Directors are glad to be able to»
meet the Shareholders with an improved statement as compared with,
that of the same period last year.
The figures in the subjoined Statement call for little remark beyond1
.,
the item of $135,000 in the Assets—which, being a new feature in the-,
statements o f the Banks, it may he w ell to explain, for the information!
of such of the Shareholders as do not *reside in the Dominion, is the*
Bank’s contribution to the Government “ Bank Circulation Redemption
Fund” —«, Fund established under the present “ Bank A c t ” for the*
protection o f the holders of notes o f any Bank or Banks at any timet
becoming insolvent.
I t is to represent a sum of money equal to 5 per cent upon the aver
age Circulation of all the Banks for the year ended 30th June, 1891,2 ^ .
per cent o f which was payable to the Government on 15th July, 1891,.
and the remaining 2*2 per cent to he paid on 15th July next.
The new Bank Act came into force on the 1st July and appears to h »
working satisfactorily.
During the past year the directors have thought it desirable in the-,
interests of the institution to establish Branches of the Bank at F o r t
William, Ont., and Nelson, B. C.
The Head Office and all the Branches have passed through the usual
inspection during the year.
The Directors have had to lament the death, in June last, o f theiresteemed colleague, Mr. Gilbert Scott, who had served on the Board forthe long term of sixteen years—having been elected a member in thfe
year 1876. The vacancy has since been filled by the election of Mr. W».
H. Meredith to the Board.
I t has been thought desirable to provide an Assistant to the GeneralL
Manager, and Mr. Alexander Lang, form erly Second Agen t at N e w
York, has been promoted to the position of Assistant General Manager..
D O N A LD A. SM ITH, President.
THE
9^2
C H R O N IC LE .
G e n e r a l St a t e m e n t 3 0 t h A p r i l , 1892.
Liabilities.
Capital S to ck .................................................................. $ 1 2 ,0 0 0 ,0 0 0 0 0
Best..................... ....................... ........ ... $ 6 ,0 0 0 ,0 0 0 0 0
Balance of Profits carried oyer...............
565,615 33
$6,565,615 33
Unclaimed dividen ds..............................
3,020 49
H alf-yearly dividend, payable 1st June,
1892....................................................... .600,000 00
—
----------
7,168,635 82
$19,168,635 82
Notes of the Bank in circu lation ............ $4,912,415 00
Deposits not bearing interest.................. 7,097,563 34
Deposits bearing interest........................ 19,879,444 48
-------------------
31,889,422 82
$51,058,058 64
A. ssets.
Gold and Silver Coin Current.................. $1,797,095 6 6
Government Demand Notes..................... 2,479,514 25
Deposit with Dominion Government re
quired by A c t of Parliament for security
of general Bank note circulation.........
135,000 00
Balances due by other Banks
in Canada............B . . . . . $11,064 89
Due by Agencies of other
Banks in Foreign Coun
t r i e s .. .. . .. .. .................... 8,553,311 39
Due by Agencies o f other
Banks in Great Britain ..1,201,782 8 8
-------------------------------9,766,15916
00
Government Bonds, India Stock, etc. 1,308,000
Notes and Cheques o f other Banks...........
903,699 24
---------------- $16,389,468 31
Bank Premises at Montreal and Branches
600,000 00
Loan to the Government of Canada......... 1,966,666 67
Other Current Loans and Discounts (re
bate interest reserved)," and other Se
curities and Assets......................... 31,609,868
59
Debts Secured by mortgage or otherwise
331,304 02
Overdue debts not specially secured (loss
provided fo r)....... ...................................
160,751 05
------------------- 34,068,590 33
$51,058,058 64
E. S. CLOUSTON, Gen’l Manager.
B ank
M o ntreal,
Montreal, 30th
of
April, 1892.
T H E P R E S ID E N T ’S ADDRESS.
Sir Donald A. Smith, in moving the adoption o f the report, s a id :
We have before us, as you w ill see, the 74th Annual Report of the Bank
of Montreal. I t requires little either o f explanation or comment from
me. The balance carried forward is $125,687 larger than in June last
year, w hile $135,000 have been paid to the Government as a contribu
tion to the “ Bank Circulation Redemption Fund,” a new feature in our
statements. This fund may be, and doubtless is, a great advantage to
many of the banks and to the public generally, but it is not required by
our bank in any way. In the careful administration which has always
distinguished our affairs the public feel they have ample guarantee of
its solidity without resorting to any such Fund. Perm it me to compare
the position of the Bank now with what it was in its earlier years. In
1817 its capital was $350,000 and, by the way, as there was
no other Bank, this represented the entire banking capital not only
in Montreal but of the whole of Canada, while at present the capital
of the Banks doing business in Montreal alone is upwards of
$50,000,000. In 1819 your capital was $650,000 and you then had a
magnificent rest of $4,168 while 8 per cent interest was paid. Later
on however, on several occasions only 6 per cent was distributed in
dividends. Gradually the capital was increased until in 1841 it was
$2,000,000; in 1845 $3,000,000; in 1855, $4,000,000; in 1860 $6,000,000 and in 1873 $12,000,000, as it now stands, with a rest o f 50 per
cent, or $6,000,000. I t may be a question whether it might not have
been more prudent to have stopped short at eight instead of $ 1 2 ,0 0 0 ,000, and I believe the experience of the Bank is that for some years
back it would have been easier to earn a considerably larger dividend on
the smaller sum, instead o f the 1 0 per cent on the $ 1 2 ,0 0 0 , 0 0 0 as is now
paid. As w ith the Bank of Montreal so has the commerce of the whole
country vastly increased within the last fifty and more particularly
twenty-five years. This is seen in the comparison o f imports and ex
ports, of which you w ill perhaps permit me to give you a few figures.
In 1868 the total value of our exports was $57,567,888. Since
then it has fluctuated more or less, m oving at times upwards and in
other seasons receding; but you w ill be very glad to learn that during
the last tw o or three years the tendency has been steadily towards ex
pansion, and that the trade returns issued within the last fortnight and
covering the current fiscal year up to the 30th A p ril show an extraord
inary development, the exports being, 1891, $98,417,296; for the ten
months ending 30th A p ril 1892 $89,435,793, being an increase of
$11,983,479 as compared with the same period last year, which w ill
make the exports this fiscal year the largest in the history of Canada,
and this notwithstanding the McKinley bill.
So w ith the shipping. The month of May just closed shows an in
ward tonnage in the Port of Montreal of 174,000 tons, against 132,615
in ’91 and 157,000 tons in ’90, or 17,000 tons more than in May, ’90,
which was the largest previous record. A ll this is very gratifying,
and shows the great material progress being made by the Dominion
as a whole and in which Montreal holds a foremost place. I t is gra tify
ing also to record that during the past year when the securities of other
Colonies sank in value owing to their excessive borrowings and when
there was a general depreciation in the value of European Bonds, those
o f the Dominion, owing to a prudent abstention from the London
market, continued to maintain their price. Thus, should the Govern
ment at any time wish to appeal to the English market for a loan they
can do so with confidence. As you are aware, there was a great set
back both in Europe and this country owing to the misfortunes o f the
world-renowned House of Baring in the Autumn of ’90, but by prudence
on the part o f those at the head of the Bank o f England, and the other
principal Banking and Monetary Institutions, the effect of this was
greatly mitigated. The shock was, however, such that confidence has
not yet been fully restored.
Still everything promises favorably fo r the future, but it is not fo r us
to prophesy but to take all the safeguards within our power to ensure
success. I t is in the air that there is some intention, or, at any rate, a
proposal, to ta x Bank Stocks and Capital generally. I t is to be
hoped, however, that wiser councils w ill prevail. Capital is very
sensitive as regards any such impost, and w e may rest assured that
legislation of this nature would tend to drive from Canada that which
w e so greatly need, the means o f developing the resources of the coun
try. Better far, it appears to many o f us, i f we require money—and
money is required, of course, to carry on the administration of the
country—to go to direct taxation, to go to each citizen and make him
pay according to his ability and means throughout the country.
(Hear, hear). For some years back in this province w e have been
spending far more o f the public moneys than our means would permit
of, for with the public chest, equally as with the purse of an individual,
i f you draw out every dollar in hand and besides run into debt beyond
the means of re-paying, the consequence cannot fa il to be disastrous.
W e are promised an administration of economy, and our salvation rests
[V ol. LIV,
in haying this strictly enforced. B y employing not one individual m orethan is required fo r the administration o f our affairs and assuring th a t
everyone so employed is fully capable for the work he has to do; that
there Should be no drones, no supernumeraries, is the right w ay tomake both ends meet; or, better still, to have a surplus which can be
used to the advantage of the country; and w e look forward to this being
carried out.
Happily the differences with our neighbors of Newfoundland appear
to have been got over, and the Behring Sea trouble, w e are told, is in
a fair w ay of being settled. Throughout the whole Province, as well,
as extending to the Pacific, lines of railw ay have been built which have
been extremely useful in developing the great resources of the country
in every direction. W e have steam communication with Japan and
China from our own ports o f Vancouver and Victoria, and the trade
both in passengers and freight is even now very considerable, and
within a few years must grow to large proportions. I f to this we areable to add a line o f fast steamers from Europe to our own ports equal
to those sailing between N ew York and Europe, and we have every
hope such w ill be the case, the advance of Canada in material progress
and all that makes the prosperity and the greatness of the nation w ill
be such as we have v ery little adequate conception of at the moment.
To meet the development o f the country, especially in the newer
parts—that is in the Northwest and British Columbia—you are told here
that branches of the Bank have been established at Fort William, at
the head of Lake Superior, which must become a great and a v ery large
place in the course of a few years, owing to its being the chief shipping
place for the grain from the Northwest, and also in Nelson, British
Columbia, in the mining district. There you have placed, or are about
placing, an agency, not that, either from one or the other, we expect
lo r the first year to make a v ery large surplus, but to be ready there
for the business that must arise at both these places, as the surround
ing district is developed. We know it is ascertained beyond all question
that the district of the Kootenay, especially surrounding Nelson, is
one of the very richest in minerals in the whole o f America. W e have
this before us, and with all the advantages that we have throughout
the Dominion—resources requiring only to be developed—I think
we may w ell look forward to the fact that Canada shall, within
the next tw enty-five years be a country not only o f importance,
but of v ery great importance, indeed, and towards this the immigration
now setting in w ill tend. W e are glad to see that it is not the immigra
tion simply as for years before from the larger provinces, and particu
larly from Ontario, but also from England, the Continent of Europe,
and what is still more gratifying, perhaps, a v ery large influx of people
from the United States of America, many o f whom had gone there ex
pecting that they had an Eldorado before them—that it was quite a
Paradise—but having had the experience there we are glad to find they
are coming back into Canada, and that they are going to advance the
prosperity o f the Northwest. (Hear, hear.) I believe that with all
these not only the prosperity of the country is assured, but that that of
the Bank of Montreal w ill also go on from year to y e a r; and as we have
seen what has resulted from small beginnings, I believe that in the
years to cfime there w ill be an increase which w ill compare w ell with
that of the past. I do not think it is necessary for me to make any
other observations. The General Manager w ill put a statement before
you which I am sure you w ill admit, w ith me, is both interesting and in
structive.
I have now to move the adoption of the report, seconded by Hon. Mr.
Drummond, Vice-President.
The motion was put and agreed to.
T H E G E N E R A L M ANA G ER .
Mr. E. 8 . (Houston, the General Manager, said:
I have very little to add to what is before you in the printed statement
of the affairs of the Bank. The chief characteristics of the year just
past have been dulnees and disappointment. A fte r a succession of bad
years it was hoped that the fine harvest, together with the remunerative
prices ruling for grain, would stimulate trade and relieve the existing
depression, but we have experienced as dull, if not a duller, year than
those preceding. One cause appears to be that the farmers, after pay
ing off their most pressing obligations to Loan Companies and imple
ment makers, decided to hold the remainder of their grain for higher
prices, a decision which must have entailed considerable loss to them
selves, and been productive o f harm to the business interests of the
country. If, however, as it is supposed, there is still a considerable
amount of grain in the farmers’ hands, w e are undoubtedly on a better
and more assured basis, and with anything like a good harvest we may
reasonably hope for some improvement in the future. There is a note
o f encouragement also from the London Markets in the better feeling,
with regard to South Am erican securities, which, if w ell founded, may
be taken as an indication that ^he crisis in that part of the world has
been passed, and our lumbermen may look for increased demand from,
the R iver Plate. I t is w ell to bear in mind, however, that to be healthy
and lasting the recovery in business must be steady and gradual.
Business in the neighboring Republic has also been dull and disap
pointing, but there has been a steady improvement in Railroad Securi
ties which would probably have been greater but for the extraordinary
Silver Legislation and agitation which has undoubtedly tended to make
the European investor hesitate until he can more clearly see the out
come.
Although the silver question is of importance to the Bank with its
large interests in the United States, so many men of note have written
and spoken on it, and arrived at such opposite conclusions, that it would
be useless for me to attempt to discuss it at length. To the ordinary
outside observer, free from any sectional or political bias, it seems a
step in the direction of depreciated currency, and it appears inevitable
that free silver coinage, or even the present obligatory accumulation of
silver, must lead eventually to a premium on gold. Should there ever
be a balance o f trade against the United States, I don’t see how a
premium on gold can be avoided, unless the Government sells bonds
to prevent their stock of Treasury gold being unduly reduced. I notice,
however, that the more the subject is discussed and understood, the
weaker the silver party appears to grow. A practical commentary on
the question is the fact that Railroad Corporations, in order that their
Bonds may find favor in the eyes of the financial world .make them
re-payable, principal and interest, in gold. Even R eal Estate M ort
gages are in many cases being made payable in gold, and many foreign,
bankers, like ourselves, doing business in the united States,. are pro
tecting themselves against possible contingencies by requiring con
tracts for time engagements to be payable in Am erican Gold Coin.
With a general absence of prosperity in commercial circles, it could,
not be expected that Banking would fare better, for after all the Banks
are but agencies o f Trade and Commerce, used as a medium or channel
for conducting the business o f the country, and if that is unprofitable
the Banks cannot expect to prosper, no m atter how able the manage
ment. A fte r a period of unhealthy dearness in money, caused chiefly
by panic and speculation, w e are passing through one o f equally un
healthy cheapness and low rates. Cheap money is not an unmixed
good, and is often a sign, as in the present case, of general distrust, and
a widespread and far-reaching in activity in business. As a general rule
I do not think Banks have had a prosperous year, not only because the
times have been unpropitious, but also because the past year has been
characterized by excessive competition, in some eases conducted in a
manner that would hardly do credit to the financial management of a
corner grocery. There have been lower rates for advances, higher rates
for deposits, greater facilities granted for smaller remuneration, and
all this with steadily increasing expenses. Fair competition may be
healthy but excessive competition is unhealthy and dangerous, and it is
in a tim e like the present o f easy money, that, in order to gain accounts,
or even retain them, concessions are granted, facilities given, and obli
gations incurred, entirely at variance with true banking principles,
which w ill surely bear bitter fruit later on. I t is in a condition of affairs
J une 18, 1892.j
THE
C H R O N IC L E
lik e the present that the seeds of future losses are sown. A t the same
tim e I recognize that it requires almost more than human strength of
m ind to watch steadily accumulating funds, employed at little or no
pront, and avoid being tempted into transactions which would be de•clmed if money was in good demand in the regular channels o f trade.
Speaking more particularly about the Bank of Montreal, we have
managed during the past year to escape any losses of an exceptional
-character, and our average of ordinary losses has been below normal.
W 6 stiU, as you may see by the Balance Sheet, have a considerable
amount m overdue debts-in the slow process of liquidation, and our
Capital to that extent is unproductive ; but we believe we have proSHit f o r a I l I03®- Our deposits have increased, the free some
$13O°,O0O, and those bearing interest $1,COO,000, and though at pres
ent the latter are costing us more than they are worth, when the de
mand for money improves w e w ill be in a position to reap the benefit
o f our accumulations. I regret to say, however, that at present, owing
to the inactivity in business and general distrust both in England
and the United States, there is such a plethora o f money that it is im
possible to employ the large Reserve we carry in these countries at
anything like a profitable rate, and I fear that our profits during the
com ing year w ill be seriously affected. Our Loans, etc., have increased
$3,500,000, created chiefly by an advance to the Dominion Govern
F . ana investments in high class securities. The item of $135,000
being a deposit w ith the Government for the security of the circulation
o f the other banks, appears for the first time in oui- annual statement
and is referred to in the Directors’ Report.
The building at Regina, mentioned in the Directors’ Report last year
has been completed ; but the Vancouver building, owing to unforseen
delays, has only just been commenced, and it w ill be a year or a year
and a-half before it w ill be ready for occupation. This is the only
building we have in course of erection, though additions w ill require to
be ma le to our offices in Winnipeg and Guelph.
The Boards of Trade have recently framed suggestions for a new
Insolvent act. I t has only lately come under my notice, but probably
before the Government are able to take the question up ample time
w ill be allowed for consideration of the subject. I w ill not attempt
here to discuss this question, but w ill merely indicate the direction in
which any influence this Bank possesses w ill likely be brought to bear
on one or two points when w e are afforded an opportunity of discuss
ing the Act. I have always spoken in favor of an Insolvency Court
with salaried officials, in preference to Official Assignees whose inJ.®?63* . 1* to° often is to encourage insolvency and its accompanying
litigation. We would also like to see it made impossible for insolvents
to obtain, either directly or through the medium o f relatives, a re
transfer of their estates, and we wish to see bankrupt traders pre
vented, if possible, from coming into competition with the trader who
has paid full price for his stock.
I wish to add one thing—I saw a reference in a financial article lately
to what has been so often recommended from this Chair—the desirabil
ity of merchants shortening their credits, and it went on to say that
banks were largely to blame for not enforcing this, as they only had to
refuse long-winded paper. The only cure to' stop the long credit system
lies with the merchants themselves, for if the banks attempted to brin°pressure by refusing long-dated paper, the term of the note would be
shortened but the credit would be continued as long as before
- We have now 2,065 Shareholders, as against 2 ,0 T3 in 1891 and 2 003
-u i I q2 ’ bemg Within five o f the highest figure w e ever attained—2,070
in ioo5.
I f there are any other matters connected with the business o f the
Bank on which the shareholders desire information, I w ill have pleas
ure in answering any questions.
T H E DISCUSSION.
A fte r a few remarks from Mr. Morrison,
Mr. John Crawford said there appeared to him to be a reserve pervauing tli© .meeting witli reference to discussion upon tli© statement
and accounts presented. H e thought there should be no disposition on
the part of the Directors or Managers to stifle discussion. H e knew
fu ll w ell that the present President had not been open to that charge
because.he did everything to promote fair and rea onable criticism.’
With reference to the statements laid before the meeting, he did not see
th at there was really much to say. The year’s proceedings o f the Bank
had been of an ordinary character, and there had been no astounding
revelations either for or against the Bank. The sum o f $125,000 had
been transferred to profit and loss account, and some mi «dit think that
this percentage was relatively small on a capital of tw elve millions I t
must be borne in mind, however, that even i f this were
so it was a vastly better showing than that o f last year. The point
he wished to emphasize was that the shareholders must bee-in
to realize the inexorable logic o f events, and that in the present
days of keen and cutting competition fancy dividends and bonuses
must be relegated to the indefinite future.
Success, he thought
could only.now be secured through hard work, consummate judgment*
economica 1 management and increasing vigilance. With reference to
the Bankers Association, he ventured to make one suggestion anil
th at was that they would not allow the suggestions of s K h o l d e r e to
be subordinated in a degree to those of directors and managers. With
regard to the proposition o f the Provincial Government and of their
own Municipal Government to impose direct taxation he hoped it was
not seriously entertained, because in his judgment nothing could be
more conducive to a greater incentive to force capital out of the coun;try and to prevent its influx. H e thanked them for the kind attention
with which they had received his remarks.
I t was moved by Mr. James O’Brien, seconded by Mr. Justice Cross
smd resolved, ‘ That the thanks o f the meeting be presented to thé
to to r â ts ofThe6^ ^ 1” 6^ an<i I)irectors for their attention to t i e
Mr. Justice Cross said : The services of the President, Vice-President
-and Directors cannot be too highly estimated. They control a very im
portant institution, and the responsibility is v ery great There is a
French saying that nothing succeeds like success. We iudge bv their
labors m the past, and are convinced that whatever they have done has
been for the purpose of nnproving the property of the shareholders and
giving’ us a fu ll dividend. The resolution does not require any further
remark from me. I think we must all be perfectly satisfied with the
iv he mar eî;m T Ï 1 ? ! 1 they liave conducted the business o f the
n? ' .
ar? also thankful to the President and to the General Manager for tlie extrem ely interesting review of trade, and finance and the
future prospects of this institution. I believe the shareholders w ill conH the feeling that we are indebted to the Directors for
w hat they have done m the past.
., reply, the President said: The directors had taken all the interest
i t was possible lo r them to take in the affairs o f the B ank and they
bad endeavored to do everything that they possibly could for thosefor
whom they were acting. H e expressed his deep regret at the loss of
Mr. Scott. Mr. Scott was associated with him for many v L . r s i u d iie
(Sir Donald) learned to appreciate his w o rtk His death was T v e r v
.general loss to the Bank. In Mr. Meredith, who was appointed to take
bis place, they had a gentleman of high ability, and whohad proved to
b e a v ery excellent director.
luuvcuiu
I t was moved by Mr. Hugh McLennan, seconded by Mr. W. H Mere
dith, and resolved, “ That the thanks of the meeting be given to the
General Manager, the Assistant General Manager, the Inspector the
Managers and other officers of the Bank for their services durinv The
year.
v ■ 0 .■
Mr. McLennan said: The Directors are dependent largely in the
management of the institution upon the Executive, the General Marneger, the Assistant General Manager, the Managers o f the different
branches and the Inspector, that their duties shall be performed in such
a manner that no loss can occur to the Bank. The history o f the Bank
«of Montreal contains the names of many mon of ability and who were
993
devoted to its service. As one of the Directors, I might say that if we
can judge from the experience of previous years, that in the future the
prosperity of the Bank w ill be due in no little measure to the efforts o f
the stall of employees, who have given every satisfaction in the dis
charge of their duties.
Tbe motion having been carried unanimously, the General Manager
said:~Perm it me to tliank you for th.© resolution and the very kind expressions of Mr. McLennan. W e have a first-class staff in the Bank
who are thoroughly devoted to its interests, and I have no doubt vour
kmd motion w ill stimulate them to future exertions.
Moved by Mr. Macrae, Q. C., seconded by Mr. H. Mackenzie, that the
ballot now open for the election of Directors be kept open until 3
o clock, unless fifteen minutes elapse without a vote being cast, when
it shall be closed, and until that time, and for that purpose onlv
this meeting be continued.
J
This concluded the business.
E LE C T IO N OF DIRECTORS.
The Scrutineers reported the election of the follow in g gentlemen as
Directors of the Bank for the ensuing y e a r: Sir John Caldwell Abbott,
w rV r ,T ,P vfng' ^ 5 on;
A - Drummond, Messrs. E. B. Greenshields,
W. C. McDonald, Hugh McLennan, W. H. Meredith, A. T. Paterson and
Sir Donald A. Smith.
*
a.meeting of the new Board on Monday, the 6 th inst., Sir Donald
A. Smith was elected President, and Hon. George A. Drummond, VicePresident.
The N e w Y o rk Guaranty & Indemnity Company announce
that the Barney & Smith Car Company, of Dayton, Ohio, has
been incorporated for the purpose of taking over and carrying
on the business of the Barney & Smith Manufacturing C om
pany. The business was established in 1849 and has been highly
successful.: W ith the exception of the Pullm an Company, it
is the largest of its kind in the United States., Capital stock is
$3,500,006— $2,500,000 8 per cent cum. pref. stock and $1,000,000 common stock. The company has also issued $1,000,000
of 6 per cent bonds. The protits have averaged $381,561 for
the past 5 years. The entire amount of bonds and preferred
stock has been taken, but the subscription list for the common
stock is still open and w ill be closed in a few days. The
transfer agents and trustee of the bonds are The N ew Y ork
Guaranty & Indemnity Co.
Auction Sales— Am ong other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
B y Messrs. R. V . Harnett <Sc Co.:
Shares.
Bonds.
167 Maracaibo Elec. L. Co.50c. sh. $20,000 Crestón (la.) W ater
35 Mercantile Nat. B a n k ...225
& Lt. Co. ls t M. 6 s, 1913.$10 lot
1 N. Y. L aw Institute....... 110
$2.000 N. Y. Rut. & Mon.
50 Commonwealth Ins. Co.. 71
RR. ls t consols..................$5 lot
500 Chrysolite Silver Mining
$4,700 N. O. prem. 5s.......... 1585«
Co., $50 each............ 18c. sh. $5,000 Mich. Cent. RR. ls t 6 s,
10 Real Est. Ex. and Auc
1909............... .................... 1 1 9 1 4
tion Room L im ited...... 98
B y Messrs. A drian H . Muller & Sons :
Shares.
11 Central Park lmp. Co___$275
3,000 PM1.& Boston Pet.Co.$101ot
2 Harlem L ib ra ry ,...$20 per sh.
36 Home tus. Co..........145-1455«
24 Bank o f State of N. Y ___ 115
9 Eagle Fire Co.................223
10 Real Est. Ex. & Aue.Room 9 0 ^
1 0 South’nNat.B k.(oldst’k ) . 1 0 0
5 Celluloid Co.................... 9 5 %
5 N .Y. Guar. & Indem. Co. .250
10 Standard Gas-L. Co. pref. 9 0^
6 2 3 2d Avenue RR. Co..........109^
10 Fire Ass’n of N. Y ......... 57
30 Hamilton Fire Ins. Co.. 71
10 Bank of D eposit............
133 Ft.W ayne&J ack. RR.pfd. 116 5«
500 A lice Gold & Silver Min
ing Co. ($25ea.)...71opersh.
5 Commonwealth Ins.Co.of
N ew Y o r k .. a. ............... 9 4 * 3
$256 Mut. Fire Ins. Co. certs,
of profit, 1887 to 1891,...... 6 Hs
Bonds.
$2,000 N.Car.6 s(ChathamRR.
Co.) April, 1869. coups, on. 2 1 4
$8,000N.Car.6 s (West’n N . C.
RR.Co.) Jan.’ 69, coups, on. 3%
$10,000 Tex.Cent. Ry. 1st 7s,
1909. May, 1885, coups.on. 25
$1,300 Lombard Investment
Co. 6 s, 1894, J & D ........... 96
$5,000 Lombard Investment
Co. 6 s, 18H4, J & D ...’ ....... 91
$2,700 Lombard Investment
Co. 6 s, 1894, J& D ............ 94
$1 400 Lombard Investment
Co. 6 s, 1896, J& D ............ 94
$1,000 Ches.& Ohio Grain El.
4s, guar., A& O .............. 6 8 & Intr
$10,000 Oregon & P ac.R R .lst
mort. bonds........................ 1 4 1 $
LIBE RTY N A T I O N A L
BANK,
C e n tra l B u ild in g , 1 4 3 L ib e r t y S tree t. N e w Y o r k .
C A P IT A L ,
$ 5 0 0 ,0 0 0
ACCOUNTS OF B ANKS, B AN K E R S A N D M E RC H ANTS SOLICITED.
H E N R Y C. T IN K E R President.
H E N R Y GRAVES, Vice-President.
JAMES CH RISTIE, Cashier.
D IR E C T O R S .
H E N R Y C. T IN K E R ,
E. F. C. YOUNG,
H. C. FAH NESTO CK,
H E N R Y GRAVES,
WM . R U N KLE ,
HON. G. A . H O B AR T
GEO. F. B AK ER ,
DUMONT C LAR KE ,
J. A . G A R L A N D
R. M A X W E L L ,
JNO. H . S T A R iN .
T H E M E R C A N T I L E N A T I O N A L BANK
OF T H E C IT Y OF N E W Y O R K ,
N o. 191 B r o a d w a y .
C a p it a l,
-
$ 1 ,0 0 0 ,0 0 0 I S u r p l u s * P r o f i t s , $ 1 ,0 3 0 ,0 0 0
W IL L IA M P. ST. JOHN, President. |F R E D E R IC K B. SCHENOK, Cashier
JAMES V. L O TT , Assistant Cashier.
ACCOUNTS
Spencer
S O L IC IT E D .
T rask
&
C o .,
,
, , 15:
bankers,
10 j W a l l S t., N e w Y o r k ,
16 C o n g r e s s S t., B o s t o n .
A L B A N Y , State & James St.
PROVIDENCE, 5 & 7 Exchange St.
Members New York and Boston Stock Exchanges.
COMMISSION ORDERS EXECUTED OS E IT H E R EXC H AN G E.
Direct Private Wire to Each Office ana to Philadelphia.
D EALER S IN STATE, C ITV A ND R U fiR O X D BDVDS.
THE
994
C H R O N IC L E .
The following were the rates of domestic exchange an N e w
?ork at the undermentioned cities to-day: Savannah, buying,
par ; telling % premium ; Chari©«ton, buying par selling. %'3)
3-10 premium ; N ew Orleans, bank, $1 59 per $1,000 premium,
commercial,75c. premium; St. Lauis. 60c. per $1,000 premium;
Chicago, 20@30c. per $1,000 premium.
Slue © an k ers' (g aiette.
D I V I D E N D S .
P er
Cent.
Keimt o f Company.
R a ilr o a d s .
“Boston K evere Beach &, L y n n ...
B altim oi e & Ohio p r e f...............
Chicago E. I. & Pac. (q u a r.).....
Fitchburg p re f............................
Eehigh V alley (quar.)................
M anhattan (quar.).....................
R io Grande West. pref. (quar.)..
B anks.
Cfentral National........................
M anöver N ational................... ..
M ount Morris.......................... - N ation al Bank of Commerce......
W estern National.......................
T r u s t C o m p a n ie s .
JFranklm Trust, B’klyn (quar.)...
K n ickerbocker............................
m is c e lla n e o u s .
3>enver Consol. Gas (quar.)........
D is tillin g & Cattle Feed’g iquar.)
D qu itable Gas Light (quar.........
Thomson Houston Electric pref.
'W estiughouse El. & Man, pref.
When
Payable.
July
July
Aug.
24
3
1
2
— t o --------— to --------— to ---------— t o --------15
— t o --------1 June 18 to July
1
1 July
1 to July 31
July
July
Aug.
34
34
3
4
3
July
July
July
July
July
1
1
1
2
July
July
1
1
3
July
July
July
July
July
1
2
4
34
34
Books Closed.
(Days inelusive.)
1
1
1
14
14
14
June 22 to July 4
— to June 30
— to --------5
— to --------1 June 24 to July
1
June 25 to June 30
June 21 to July 1
1 June
1 June
15 July
1 June
11 ¡June
23
21
2
15
21
to
to
to
to
to
July 2
July 1
July 15
June 20
July 1
W A L L S T R E E T , F R I D A Y , J U N E 17, 1 8 9 2 -5 P . M .
The Money M arket and Fin an cial Situation.— The exports
o f gold this week, amounting to about $7,100,000, have
Ifoad the usual effect of checking animation in the stock
amarket.
The crop reports have been much better, and the general
Reeling as to the possible yield of wheat and oats in P92 Las
¡keen much more hopeful, so that the stocks of grain-carrying
arc-ads have been stronger.
Railroad affairs have taken a new turn ia the appointment
«of a receiver for Richmond & Danville at the instigation of
friends of the company. Their reasons for this action seem
good, and no other course was apparently open for the pro
tection of the property. It does not follbw that this will im
pede any plan for reorganization of the Richmond Terminal
that may te proposed by Drexel, Morgan & Co ; on the con
tra: y, this may facilitate any such plan and hasten its execu
tion, and to-day it is reported that the firm w ill undertake the
.negotiation.
7 he report of the North American Company for the year
•«ending May 31, 1892, was one of the interesting documents
¡published this week regarding a company whose affairs have
been quite unknown to the public. The estimate of net as
sets approximating $8,000,000 (on the valuation of the com
p a n y ’s officers) seems to have been a little disappointing, as
■¿he stock fell off slightly.
The open market rates for call loans during the week on
•stock and bond collaterals have ranged from 1 to 1% Per cent,
the. average being about 1% percent. To-day rates on call were
L to 1% per cent. Commercial paper is quoted at 2%@3% per
cent.
The Bank of England weekly statement on Thursday showed
a n increase in bullion of £788,000, and the percentage of re
serve to liabilities was 46*89, againet 45*48 last week; the dis
count rate remains unchanged at 2 per cent. The Bank of
France shows an increase of 11,250,000 francs in gold and
2,475,000 francs id silver.
The N ew Y ork Clearing-House banks in their statement of
«June 11 showed a decrease in the reserve held of $128,400
and a surplus over the required reserve of $23,545,850, against
$23,679,750 the previous week.
CUpltal................
Surplus...............
Loans and diso’ts
C ircu la tio n ........
N e t deposits.......
© p e c ie ................
L e g a l tenders___
R eserve h eld ....
L e g a l reserve___
1892.
June 11.
Differ en’sfrom
Prev. week.
1891.
June 13.
1890.
June 14.
$
60.372.700
«7.906,800
493,669,700
5,601,500
542.083,000
102.945,900
56.120.700
159,060,600
135,520,750
$
$
60,772.700
- 64.366,700
383,034,600
3,485,700
S83,491,500
60,501,400
45,853,300
106,357,700
95,8 72,875
60.812.700
60,196,400
395,114,800
3,745,100
404^806,800
76,237,900
31.951.700
108,189,600
101,201,700
133,900 10,434,825
6,987,900
Ine'. 968,000
Dee. 122,100
In e .
2 2 ,o 0 0
Dec. 1,089,900
In o. 961,500
Dec. 128,400
Inc.
5,500
23,545.850 Dee.
Surplus reserve
F o re ign E x c h a n g e — The market for sterling exchange has
been very strong and shipments of gold to the Continent are
la r g e , amounting to about $7,100,000. including $4,350,000
«n g a g e d for to-morrow. Commercial bills are in moderate
su p p ly and ihe demand for remittances has been larger. A c
tu a l rates for exchange are : Bankers sixty days sterling,
4 87%(a4 87%; demand, 4 88%@4 88% ; cables, 4 88%-a?4 88%.
Posted rates of leading bankers are as follows:
June 17.
Prim e bankers’ sterling bills onLon don ..
Prim e com m ercia l............ ...................
Documentary commercial.........................
Paris hankers (francs)..........................
Amsterdam (guilders) hankers.................
Frankfort or ¡Bremen (reichmarks)b’nkers
Sixty Days.
[ Y o l . LTY.
Demand.
4 8 8 @4 8 8 * 4 89 ®4 8 9 *
4 S31« ®4 8 3 *
4 8 6 . 44 8 « *
5 17V®5 1 «78 5 1 6 * ® 5 1508
40*8 ® 4 9 »it 4#*#4© 7 ie
953s®95*s
9 5 * ® S>§ 78
U nited States Bonds.— Quotations are as fo llo w s:
Interest lu n e
P triods 1 1 .
June
IS .
June
14.
June
15.
June June
16.
17.
i*100 *100 *100 *10©
*1*#
2 « , .....................I t g . i.-Mch. *100
4s, 1907............. reg. 5.-.Ian . *11614*116* * i l « 3 8 ! 1 1 « * *1 1 6 * *1 1 « ’»$
4«, 1907..........coup. i.-J a n .* 1 1 7 * 1174 *11788, 1 1 7 * * 1 1 7 * 1177s
*106 *106
*106 *106 |*106 1*19«
8 *. eur’ey,’ 9 5 ....reg .
*1 0 8 **1 0 8 *!*1 0 8 *'*1 0 8 *e *108*3*10*4
9«, cur’cy,’ 96___ reg.
*1114 *1114 *11141*1114,*1114 *1114
6 s, our’oy,’97___ reg.
*1 4
*114 1*114 *114 *114
*114
<«, eur’cy,’98___ reg.
*1164 *1164!*1164 *117 1*117 1*117
8» , eur’ey,’ 99___ reg.
*T h i»is the price bid at tbs morning board: no tale yy» s made
Government Purchases o f Silver.— The following shows
the amount of silver purchased by the Government in Juae :
Ounees
offered.
“
“
3,565,000
534.000
15...............................
735,000
17...............................
774,000
‘ Total ix naoath to date.. 5,008.000
Ounees
purchased.
2,587,461
334.000
50 «.000
729.000
175,48«
Prise paid.
♦0*8940
$0 8967
$ >*9020
-0*8990
$ ........
«
»
-a
•
®
♦•*9070
*9-8980
*0*9025
$0*9000
* ........
4,*33,947 $0*8840 -9 $0*9070
*T h e loeal purchases of each week are aot reported till Monday o f
the follow iag week.
Coins.— The follow ing are the current quotations in gold fo r
various coins:
S o ve re ign s...___ $4 90
N a p o le o n s ....... 3 90
X X Reichmarks. 4 75
25 Pesetas.......... 4 75
Span. Doubloons.15 50
Mex. Doubloons.15 50
Fine gold b ars...
par
8 9 *5 — 904
'»$•4 95 j Fine s ilv e r b ars..
® 3 95 i¡F iv e fi»-iC 8 . . . . . . . — 9o ® — 95
Mexican
d
ollars,.
—
6
9 4 ® — 71
® 4 80
Do uncominero’ l ------® --------* 4 85
Peruvian
sols......
—
65
3> — 67
®15 70
-®15 70 English s ilv e r .... 4 80 ® 4 90
U.
8
.
trad
e
dollars
—
70
® — —
® * prem.
State and R ailro ad Bonds — Sales of State bonds at the
Board have included $5,000 V irginia Riddleberger 3s at 75 ;
$2,000 Alabam a, class A , at 103%; $10,000 do., class B, at
107%: $12,i 00 Tennessee settlement 5s at 104; $68,000 do.
settlement 3s at 74%-74%.
Railroad bonds have not been very active either on specula
tive account or for investment. Many individual purchasers
are leaving town for the summer, and prices hardly invite
much speculative buying. Tne popular bonds are generally
firm and some issues have advanced, among the latter oeing
the Louisville N ew A lbany & Chicago bonds on larger net
earnings of the road. The Northern Pacific consols and Chi
cago & North. Pacific 5s are also firmer. The Reading bonds,
after selling higher, are a trifle easier now, and apart from
the various law«-suits there will be some interest in the state
ment of earnings for May. There was a sale in Philadelphia
of $10.000 Central N ew England & Western bonds (to receive
new 4-5 per cents, guaranteed by Reading) at 85%, and the
Poughkeepsie Bridge bonds, which will take 75 per cent of
their face in 4 per cents of the same issue and 37 per cent in
series B income bonds, are quoted at 64-65. A s a new bond,
guaranteed by Reading this issue will attract some attention
when it gets on the market after foreclosure. The receiver
ship of Richmond & Danville is well accepted and has not
prejudiced the prices of its bonds. Default on the Valley
Railroad (of Ohio) bonds may cause disappointment to those
who trusted in the ownership of stock by a large company
without any guaranty of the bonds.
R a ilro a d and M iscellaneous Stocks.— The stock market
soon after our last report showed a very sharp reaction in
Burlington & Quincy, which advanced by W ednesday more
than 6 points, selliag above 103, partly on the covering of
shorts. The other granger stocks were strong, St. Paul go
ing above 84. There has been some reaction from tnese prices
with a dull market the past two days, and business has been
checked by the gold exports. The crop reports have recently
been so much better and the hof and forcing weather at the
W est has had so much influence in bringing vegetation for
ward that the depressing reports circulated after the
great floods have been largely overcome.
The Bureau
estimate of the wheat
crop
was
also
above
ex
pectations, and this has had some effect. N e w Y o rk & N e w
England stock has been quite active, and sold below 36, but
closes strong at 37%. The completion of the voting trust
is progressing, but the acquisition of the Housatonic Road by
other interests was regarded unfavorably. Reading has de
clined slightly, owing to the varying phases in the suits
against the company, and possibly, too, because the stock
seems to operators to" be high enough around 60. Richmond
Terminal certificates sold down to 7% this morning, on the
announcement of the appointment of a receiver for Rich
mond & Danville, although this was for the general protection
of the property. The North American Company on moderate
sales had declined to 12% since the issue of the report, but
closes at 13%. Am ong the unlisted Duluth South Shore & Atl.
has been quite active, as it has for some weeks past, and
closes at 10% and 32% respectively, the movement being
attributed to Canadian Pacific control. Sugar is dull at 9o%
for common ; Lead dull, at *36 for common. Silver bullion
certificates close at 90%.
«
THE
J u n e 18, XS92.J
C H R O N IC LE .
N E W Y O R K STOCK E X C H A N G E —A C T IV E STOCKS for week ending J U N S 17,
H IG H E S T A N D LOW EST PRICES.
Saturday,
June 11.
34
34%
*4
5
97% 97%
*88% 89%
58% 59
137% 138%
*30% 31
22 % 22%
*61
62
*42
43
*148 151
97% 98%
*62
64%
......... 100 %
79% 81%
124% 125%
116 116%
145 145
77
78%
48% 48%
122 123
64% 66%
36% 37
138 133
156%157
*16
17%
*48% 49
*4%
5%
*36
45
* 10 %
12
* ...... 136
*123 125
101 % 102
*10
11
*40
24%
76%
132%
*106%
72%
25%
132
107%
*90
*130
* 11 %
28%
*14%
25%
55%
38%
*87
112%
*16%
*69
*35
26%
65
38%
43
24%
76%
132%
108%
72%
26%
132
107
140
12
28%
15%
26
56
38%
90
113
16%
73
37%
27%
65
39%
*18%
14%
66
* 10 %
*44%
20
54%
*20
*26
75%
*20
*17
59%
*22
63%
*40
8%
*48
18%
15%
66%
12
45%
20 %
55%
......
29%
75%
23
17%
59%
25
63%
42%
8%
56
111% 111%
7%
7%
15% 15%
*44
45
*106 108
113% 113%
37% 37%
*9
9»i
*23
23%
*49 ___
*82% 86
39% 40
*15% 17
1034 1 1 %
24
25%
31% 32%
73% 73%
*15
16
39%
77%
95%
95%
79%
33%
*114%
49%
108%
114%
39%
77%
96%
95%
79%
34
114%
49%
109%
114%
36
*90%
14%
*20
*33%
53%
198
S9%
36
*1 *6
94%
3«%
81
15%
27
34%
54%
199
89%
36%
118
84%
112% 11*
Tuesday,
June 14.
Wednesday,
June 15.
Thursday,
June 16.
Friday,
June 17.
8TOCKS.
9 9 5
and since JAN. 1, 1892,
Sales
o f the
Week,
Shares.
Range of sales in 1892.
Lowest.
Highest
A c t i v e I t t i . S to c k s .
34% 34% Atchison Ton. & Santa F e .... 51,181 32% May 21 48% Jan. 4
10Ó
4%
4%| Atlantic & Pacifio................
4 Apr. 2 1 5% Jan. 2
3,100 95% Mar. 9 101% Mar. 32
97
97%'Baltimore & Ohio.................
200 86% Mar. 22 94% Jan. 12
SO
90 Canadian P a c ific .. .. . .. .. ......
3.220 57% June 8 64% Mar. 5
58% 59 Canada Southern..................
1,900 111% Jan. 19 145 Feb. 29
137% 138% Central o f New Jersey...........
206 30% Mar. 21 35 Jan. 4
*30% 31 Central Pacifio.......................
5,204 22 M ay 20 28 Jan. 14
23
23% Chesapeake & O., vot. tr. cert.
273 59 Jan. 9 64% Jan. 16
61
61
Do
do
1st p ref___
38% Jan. 9 43% Feb. 17
*41% 43
Do
do
2d p r e f.....
130 139 Feb. 4 152 M ay 23
150 ........Chicago & A lt o n .....................
101% 102 Chicago Burlington & Quincy. 176,251 96% June 10 110% Jan. 28
300 62% Mar. 28 70 Jan. 2
*60
62 Chicago & Eastern Illinois___
1,600 98 Jan. 20 104 Feb. 11
------ 100
Do
pref.
82% 83% Chioago M ilwaukee&St.Paul. 276,947 75% Apr. 2 84% June 1 5
126 127
Do
pref. 11,640 120% Jan. 19 128% Mar. 5
116% 116% Chioago & N orthw estern ...... 14,914 11478 Jan. 19 121% Mar. 5
145 145
Do
pref.
95 141% Jan. 12 147% M ay 27
80% 81% 80% 81 Chicago R ooklsland&Paciflc. 101,618 75% June 8 94% Jan. 7
79% 81%
81% 82%
49% 50% 49% 50% 49% 49% 49% 49% Chicago St. Paul Minn. & Om, 11,020 44 Jan. 19 52% May 7
123 123% 122% 123% 121 % 121 % 121 123
Do
pref.
620 103% Jan. 20 123% June 3
66% 66%
67% 67% 68
68
7,620 64 June 8 75 Jan. 7
66% 67 d e v e . Cincin. Chic. & St. L . ..
95 Jan. 15 99 Mar. 7
Do
pref.
37
37%
36% 37% Columbus HockingVal. & Tol.
36% 37% 36% 37%
36% 37
5,545 29% Jan. 19 40 M av 13
136% 137% 136 136% Delaware & Hudson..............
139 139% 139 139% 138% 139
2,836 122% Jau. 8 149% Apr. 7
156% 157% 156% 156% Delaware Lackawanna &West 17,355 138% Jan. 19 167% Feb. 29»
156% 1 5 7 3 4 156% 158% 157 158
*16% 17% *16% 17% Denver & Rio G ra n d e...........
*16% 17% 17
*16% 18
17
205 16% June 2 19% Jan. 2
51
49% 4934 49% 50% 50% 51% 51% 51% 51
2,000 45 Jan. 8 54 Mar. 9
Do
pref.
4%
4%
*4%
5%
4%
4% East Tennessee Va. & G a___
4%
4%
*4%
5%
4% M ay 13
9% Jan. 7
287
*35
45
*35
45
*37
45
*36
45
*37
45
37 M ay 27 51% Jan. 11
Do
1st pref
* 10% 12
* 10 %
12
10% 10%
* 10%
12
* 10% 12
300 10% June 17 20 Feb. 29
Do
2d pref.
135 137
133 137
'135 137
................ Evansville & Terre H au te...
x l 19%Jau.l5 140% M ay 7
124 124
125% 125% 125% 12534 '123 125
125 127 Great Northern, p ref............
1,916 119 Jan. 22 142 Mar. 17
103 103 *102 102% Illinois Central.....................
103 103
102% 103
103 103
1,718 101 June 10110 Jan. 5
*10
11
*10
11
*10
11
* 10
1 1
* i0
11 Iow a Central........................
100 10 M ay 26 15% Jan. 4.
*42
50
43
43
42
42
*40
44
Do
pref.
*42
50
100 39 May 23 56% Feb. 13
24% 24% 24% 24% Lake Bide & W estern........... .
25
25%
24% 25
2,460 20% Jan. 19 27% Apr. 18
25
25%
76
76
76% 76%
2,220 69% Jan. 5 80 Ap r. I S
*75% 76%
Do
pref.
76% 77
75% 76%
5,610 120 Jan. 19 140% Mar. 5133% 1341* 133% 133% 133% 134% 133% 133% 132% 133% LakeShore & Mich. Southern
110% 111
3,520 95 J an. 18 112 June 17
107% 107% 108 108 '107% 110
112 112 Long Island...........................
70% 72
72%, 73%
72% 73%
73% 73
71
71% Louisville & Nashville......... . 46,153 70% June 15 84% Jan. 2
25% 26%
2534 26%
26
26%
25% 26% Louisv. New Alb. & Chicago.. 13,760 2378 Apr. 4 31 Jan. 7
26% 27
129% 132% 130 130% II128 130% Manhattan Elevated,consol.. 10,817 104 Jan. 2 134% M ay 24
132% 13234 132 132
"107% 109 *107% 109 ■107% 109 Michigan Central...................
221 104 Jan. 20 116 Mar. 7
107% 107% 108 108
*90 ....... *90 ___
*90 ........ *90 ........Milwaukee Lake 8h. & West..
*90 ___
92% Jan. 6 94 Feb. 1
129 ....... '129 ___
129 ...... *129
130 140
Do
pref.
128% Feb. 24 135 Jan. 28
* 11 %
12
* 11 % 12
* 11% 12
* 11% 12
11% 11% Minneapolis & St. Louis.......
115
8 Feb. 25 14 Apr. 29»
*29
30
*28% 30
29
30
*29
30
*28
29%
Dû
pref.
1,000 18 Mar. 5 30 Apr. 30»
15
15
*15% 15%
*15
15% ........ 15%
15% 15% Missouri Kansas & T e x a s __
105 14 June 6 20% Jan. I S
25% 25%
26% 26%
26% 26%
25% 25%
Do
pref,
27
2,110 24 June 6 33% Jan. I S
57%
58%
58%
59%
57% 59%
59
59%
57 % 5 8% Missouri Pacific..................... 37,950 54% June 7 65% Jan. 4.
*38
40
40
*38
40
*37
40
*38
*37
40 Mobile & Ohio.......................1
155 34% Jan. 2 i 42% Jan. 2Ê
99
*88
95
*89
*88
95
*38
90
95 Nashv.Chattanooga&St.Louis
85 Mar. 2 y 90 J an. 1 4
113 113% 1 1 2 1 112% New York Central & Hudson.
113 113% 113% 113% 113 113
817 111% June 8 1 19% Mar. 5*
16% *16
*16
17
1678 16% *16% 17
17
16% Kew York Chic. & St. Louis ..
168 16 June 8 22% Jan. 5»
75
*70
*71
*69
73
*70
*69
75
75
72 M ay 19 81% Jan. 4
76
Do
ls tp r e f.
38% *35
38
*36
37% *35
37% 37% *35
38%
Do
2d pref.
100 36 June 6 45 Jau. 4
27% 28% 27% 27% 28% 28% 27% 28
27% 27% New Y ork Lake Erie & West’n 48,115 25% June 8 34% Jan. 2.
65% 65% 65% 65%
65% 66
66
67
66% 67
Do
pref.
4,000 63 June 8 77% Mar. 5»
36%
34
38
34»4 36% 34% 36% 35
35% 37% New Y ork & N ew E nglan d... 142,260 34 June 13 59 Mar. S
'248 ........ 242 242
249 250
249 249
263 224 Jau. 15 252 June 2,
250 250 N ew York N ew H av. & Hart.
18% 18%
18% 19%
18% 19%
19
19%
3,935 18 June 6 23% Feb. 1 1
18% 18% New York Ontario & Western
14% 1 4 3 4
14% 14% *14% 15
14% 14% New York Susquehau. &West.
14% 15%
5,ßl5 10% Jan. 4 1578 May 24
64% 65
65% 65% *65
66
66 %
66
65% 65%
Do
pref.
41% Jan. 2 66% June 11.
*11
12
11
11
*11
12 Norfolk & W estern................
*11
12
11 June 10 18 Jau. 4
*11
12
*45% 46% *45% 46%
45% 45% *........ 46% *45
47
Do
pref.
45% June 7 56 Jan. 4
2 0 % 203s
20% 20%
20% 20%
20 % 20 %
19% 20% Northern P a c ific ....................
18% May 14 26% Jan. 2
55% 55% 54% 55%
55% 56% 55% 56%
55% 56%
Do
pref.
51% M av 24 72% Jan. 2
*20
*20 ...... Ohio & Mississippi.................
*20 .....
*20 __
20% M V 17 24 Jan. 5
* 20 % ...........
*26
29%
30% 30% *30% 33 Ohio Southern.......................
*26
29
27
30
1,300 19 Jan. 12 37% Mar. 23
75
75% 75% *74
*74
76
75
75
*74% 76 Oregon R ’y & Navigation Co.
350 73 June 7 91% Jan. 28
23% *20
22% 23
*22
23% -22% 23% *22
23*i Oregon Sh. Line& U tah North
2 O0 22% May 16 33% Jan.
4
-17% 18
*17
18
17% 17% Peoria Decatur & Evansville,
100 1678 June 6 22 % Jan. 4
17% 17% *17% 18
59% 60% 59% 60 PhiIa.&Read.,vot. trust, cert. 108,460 38 Jan. 19 65 Feb. 11
59% 60%
60
61%
59% 61%
*22
*22
24% *22
*22
25
*22
25
24% Pittsburg Cinn. Chic. & St. L .
25
23 May 5 30% Jan. 5
63
63
t'3
63% *62% 63%
63% 63
63% 63%
Do
pref
" e ò i CO Apr. 1 67% Jan. 5
42%
42% *41
42% *40
41% 41% *41
40
41 Pitts. & W e s t, pref. tr. certs.
650 39% Jan. 4 45% Apr. 29
8%
7%
8%
8% 8 %
7%
8% Rich. & W e s tP ’t TerM, tr. ree
13,815
7 May 17 11 Apr. 8
8%
*46
56
*45
49
*45
50
44
45
Do
pref., tr. ree
56
330 44 June 17 59% Apr. 8
*36
38 Rio Grande Western............
36% May 26 41 J a n .1 5
*72% 73%
Do
pref
68 Feb. 26 74 Mar. 11
110% 112
'1 1 1
112
' 110 % 112
114% 111% ' 111 % 112 Rome Watertown & Ogdensb
300 110 Jan. 19 112% Jan. 4
*7%
8
*7%
8
*7%
7%
St.
Louis
Southwestern......
.
1,110
*7%
'
S
7% June 6 11% Jan. 2
7%
7°&
14% 14% *15% 16
15% 15% *15% 16
Do
pref
16
16
565 15 June 9 22% Jan. 2
*44
45
*44
45
43% 43% *43% 45 St. Paul & Duluth............ .
Mar. 26 48 7s Jan. 7
550 4Í
10 6
....r r *106 108
Jan. 19 107% Any 2 »
'106 108
Do
prêt.
106 108
........103
113 114
'113% 114
113% 114
'113% 114
114 114 St. Paul Minn. & M anitoba...
1,680 112 Feb. -25 116% Jan. 4
37 % 3734 37% 37% Southern Pacific Co...............
37% 38%
41% Jan. 6
38
381* 38
2,500 37 Apr
38%
* 9 % ......
9
9%
9%
9 % Texas & P a c ific ...................
9%
610
8% May 21 14% Jan. 4
9
9
9
25
23%
24% 24% Toledo Ann Arbor & N. Mich.
*23
23% *23
24
237s 24%
1,700 23 Apr. 1 27 % Feb. 3
50
*49
50
*49
*49
50
'49
*49
50 Toledo & Ohio Central...........
50
46 Jan. 28 52% Feb. 13
*82% 86
*82
*82% 86
*82% 86
86
83 Jan. 12 88- Feb. 11
*83% 86
Do
pref.
40
40% Union P a c ific ........................ 22,855 38% June 7 50% Jan.
40% 41% 4038 40% 40% 41% 40
40%
17% *16% 17% IUnion Pacific Denver & Gulf.
17
17
17% 17% *17% 18% *17
100' 16% M ay 25] 25 Jan.
11 %
11% 11% Wabash..................................
11% 11% * 11 % 11 % 11% 11% *11
1,125 10 June 81 1 5% Jan.
25% 25%
25% 25%
25% 25%
Do
pref.
2578 263s 25% 26
9,735 22% June 8 33% Jan*
30% 32% 31
32% 32% 31% 32%
31% Wheeling & Lake E r ie . . .. .. .. 25,704 30% June 1 40% Jan.
31% 33
73% 733s 73% 73%
74% 74%
74%
73% 74 s8 74
Do
pref.
2,943 73 June 8 80% Jan.
16
16 Wisconsin Central Co............
15% 15%
16
16
16% 16%
700 15% May 20 21% Jan.
16% 16%
m is c e lla n e o u s S to c k s .
40
403s 40
40 Am erican Cotton Oil Co........ •7,838 32% Jan. 19( 41% Apr. I S
403s 40
40% 40
3934 40
Do
pref.
77% 77% 77% 77%
1,258 63% Jan. 191 86% M ay 2
77% 77% 77% 77% 77% 77%
963a 97%
95% 96 Am. S ug& rRef.Co................. 32,689 78% Jan. 19 101% Mar.
95% 96%
96
»7
96
96%
96
96
95% 96
95% 96
Do
pref.
96
96%
2,377 90 Jan. 19 997s Mar. 2 £
95% 96
80% 82
80% 81% Chicago Gas Co., trust ree’ta. 51,608 71% Jan. 2 82% June 15»
79% 8034 80% 82
81% 82%
83% 33% 83% 34
34% 34% *33% 34% Colorado Coal & Ir o n .. . . . . . . .
2,963 28% May 24 S9% Jan. 11
34
35
114% 114% '114 115
114% 115% 114%114% 115% 115% Consolidated Gas C o ...........
1,078 102 Jan. 15 116% M ay 2&
45% 47 Distilling A Cattle Feed’g Co. 107,080 44% Mar. 9 67% Jam. 7
50% 513s 50% 51%
50% 51% 45% 51
108% 108% 108% 108% 109 109% 108% 108% 108% 108% Edison General Elec., tr. ree.
3,095 96% Apr. 7 113% M ay I S
115 116% 116% 118% 117% 118
9,950 92% Feb. 13 118% June 1 7
117% 117% 118 118% National Cordage Co
11* 114% 113% 114% 114%115
DO
pref.
5,390 100 Jan. 4 115 May 2 6
113% 113% 113% 114
S5% * 6
35% 26%
4,684 30% Mar. 24 39 Jan. . 4
36
36 National Lead Co..,
36% 36%
36
36
90% 90%
91
91%
2,324 81 Mar. 24 92 June 3
Do
Freí.
91% 92
91% 91% 91
»1
14% 14% 14% 15
20,765 11% M ay 18 187s Jam 4
12 % 13% North American Ce
13% 14%
12% 13%
*23
28
21
21
19
*0
Oregon
Improvement
Co
.
.
.
.
.
10 19 June 14 29% Jan. 4
‘
20
28
*20
26
35
35%
35
35
85
Sé1!
1,460 33% June 10 40% Jan. 4
34% 34% 34% 34% Pacific M a il...........................
54% «5
54% 55
81,000
Pipe
Line
Certificates
§
___
...
52% Mar. 24 64% Jan. 12
54% 55
64% 55
5478 55
1 * 8 % 1 * 8 % 198% 198% 197% 198% 196% 196% 196 196 P ullman Palace Car Co______
1,535 184 Jan. 4 200% M ay 11
*89% 90% *89% 90%
»0
90% *89% 91
90% 90% Silver Bullion C e rtile a tes .... 141,000 85% Mar. 28 95% Jan. 4
34% 36%
86% 87
35
35%
*36
86%
7,250 34% June 13 50% Mar. IO
36
36% Tennessee Coal & I r o n ____ _
"103 112 *1 © 6 1 1 2
*l0 6 112 *106 112
92 Feb. 23 108 Ap r. 21
Do
pref.
'106 112
94% »5%
•4% 95% 95% 95%
94% 95%
94% 9$ Western Union T elegraph ___ 19,569 82 Jan. 19 95% June 14
35% 34% 35% 34%
*4
5
*4
4%
97% 97
97% 96%
90
*8 9 % ........ *89%
59% 59% 59% 59%
139% 138% 139% 138
31% *30% 31% *30%
23%
23% 23% 23%
61
61% 61% 62
*42
43
*42% 43
151
151
149 149
100% 102»« 102% 103% 101 %
*60
*61
62
*61
62
99%
100% 100% x99% 99%
81% 83% 83% 84% 82%
126 126% 126% 127% 1 2 6
116%117
116% 117% 116%
34%
*4
97%
*88%
59%
139
*30%
23%
61
43
148
‘These are the prioes bid and asked ; no sale wade
34%
4%
97%
90%
59%
133%
31%
23%
62
43
151
102 %
62
99%
83%
126%
117
J Priçe» iront both, Exçhjanges, x Ex däyidenu, y Lowest is ex dividend, m
3W I
996
THE
C H R O N IC L E
[ V o l . L IV
BO STO N , P H IL A D E L P H IA A N D B A L T IM O R E STO CK E X C H A N G E S .
S h a re P r ic e s — n o t P e r C e n tn m P r ic e s .
Active Stocks,
f Indicate* unlisted
Atoll. T. & 8. Fe (Boston). 100
Atlantic & Pac.
“
100
Baltimore & Ohio (B a lt.). 100
1st preferred
“
100
2d preferred
“
100
Boston & Alban y ( Boston). 100
Boston & L o w ell
“
100
Boston & Maine
“
100
Central of Mass.
“
100
Preferred
"
100
Ohlo.Bur.&Quin.
“
100
CBiio. Mil. & St. P. (P h il.). 100
Chic. & W. Mich. (Boston). 100
Cleve. & Canton
“
100
Preferred ___
“
100
Fitchburg pref.
“
100
FL & Pere Marq.
“
100
Preferred
“
100
Hunt. & Br. Top. (P M la ) . 50
Preferred
“
50
Lehigh V alley
“
50
Maine Central (B oston).100
Mexican Central
“
100
Iff. Y . & N. Eng.
“
100
d e fe r r e d ___
“
100
Northern Central (B a lt.). 50
Northern Pacific (P h ila .) .100
Preferred
“
100
Old Colony.. .. (B oston). 100
Pennsylvania.. (P h ila .). 50
Philadel. & Erie.
“
50
Phila. & Beading
“
50
Summit Branch (Boston). 50
Union Pacific
“
100
United Cos.of N. J. (P h ila .) 100
WestornN.Y M P a f P h ila .) .100
M is c e lla n e o u s ¡S tocks.
Am. Sug’rBefln.fl (B oston)___
P referrea........
“
Bell T elephone... *•
100
Bost. & Montana
**
25
Butte & Boston..
“
25
Calumet & Eecla
“
25
Canton Co......... (B a lt.).100
Consolidated Gas
“
100
Brie Telephon e (Boston>.100
Lamson Store Ser. “
50
Lehi’h Coal&Nav 'P h il. ) 50
N.Eng. Telephone (Bost’n ) 100
North Am erican. (P h il. ).100
Xhemson-H’n E l.. (B ost'n) 25
Preferred.......... “
25
W estE n dL a n d..
“
....
* Bid and ashed prices;
Saturday,
June 11.
34%
*4%
97
34%
97
130
Monday,
June 13.
34% 35%
4%
4%
97%
*97
*97
205
x205 205
*176%
178%
178% 178% 179% 179%
16% *16%
*16%
40
40
38% 39%
98% 99 100% 100%
82% 83%
81%
81%
*5%
6
*5%
6 *
20
20
*19%
*19%
91%
91% 91%
91% 92
*19
25
*19
83% 83% *
84
*82
*35
*35
35%
54% 54% *
54%
61% 61%
61
61%
61%
*130
*16% 16%
16% 16%
16%
38% 38% 34
37%
34%
*82% 85
77
81%
69%
69
69
20% 20%
20% 20%
20%
55
55%
55% 56%
55%
184%185 *184
*184
55
55%
55% 55%
55%
*35
*35%
29% 29%
30
30%
30
*5%
39% 40%
40% 41% 40%
*230
230 230 *230%
*7%
8
8%
*8
178%
*16
*38%
97%
79%
95% 96%
95% 95%
203 203
43
43%
*12% 13
270 270
*
72
55
55
*44
*20
53% 53%
56
56
*14% 15
*65% 65%
29
29 '
19
19%
no sale was
Bid.
Atlanta & Charlotte (B alt.). 100
Boston & Providence (Boston). 100
Camden & Atan tic pf. (P h ila ,). 50
“
Catawissa....................
50
1st preferred........
fi
50
2d p re fe rre d .......
“
50
cen tral Ohio............
(B alt.). 50
Chari. Col. & Augusta
“
100
Connecticut & Pass. (Boston). 1 0 0
Connecticut B iv e r ...
“
100
D elaw are*B ound Br.(PMZa.).100
Har.Ports.Mt.Joy&L.
“
50
Kan. C’y Ft. S. & Mem. (Boston). 100
P refe rre d ..................
«
io o
K . City Mem. & Birm .
“
100
L ittle Schuylkill...... (P h ila .). 50
Manchester & L a w .. (Boston). 100
Maryland Central___
(Balt.) 50
Mine H ill & s. H aven (P h ila .). 50
NeequehoningVal___
“
50
Northern N. H ....... . (Boston). 100
North Pennsylvania. (P h ila .). 50
Oregon Short L in e ...(Boston). 100
Parkersburg..............
(Balt.) 50
Pennsylvania & N .W . (Ph ila.) 50
Raleigh & G aston___
(Balt.) 100
R u tla n d ....................(Boston). 100
P referred...............
100
8eaboard|& Boanoke. (Balt.) 100
1st preferred......... ,
*•
io o
West E nd............... . ., (Boston). 50
Preferred...................
«
50
West Jersey............... (Ph ila.) 50
Wfest Jersey & Atlan.
“
50
Western M aryland..
(Balt.) 50
Jin. Col. & Augusta
“
100
ilm ingt’n * Weldon
“
100
Wisconsin Central... (Boston). 100
Preferred............ .
t?
io o
Worc’st.Nash.&Boch.
“
io o
90
253
27
59
"55‘
Ask.
59
45
115
70
71%
53%
23
23%
49%
72
73%
"6Ó’
4
72%
74
87%
20
10
110
110
15
16%
128
MISCELLANEOUS.
Allouez M ining........(Boston). 25
Atlantic Mining........
“
25
City Passenger B B ... (B a lt.). 25
Bay State Gas...........(Boston). 50
Boston Land................
“
10
Centennial M inin g...
“
10
Fort Wayne Electricfl
“
25
Franklin M ining......
*i
25
Frenchm’n’s B a y L ’nd
M
5
Hurdn M in in g ........
“
25
Illinois Steel f ...........
“
100
Kearsarge M inin g....
“
25
Met, Trac. Co............. (P h ila .)____
Morris Canal guar. 4. (P/«7«.),100
Preferred guar. 10“
100
Osceola M ining......... (Boston). 25
Pullman Palace Car..
“
100
Quincy M ining.........
«
25
Tamarack M in in g....
“
25
Thomson Ele. Weld’ «-.
«
mo
9%
165
79
86
1
10
75
30%
5
i%
10%
80
30%
10
12 %
14%
5
10 %
12%
15
5%
77%
12 %
78%
13
tll6
203
32
32%
197% 198%
164
§ And aocrued interest.
Thursday,
June 16.
35%
4%
97%
34% 35% 34%
*4%
4%
4
97
97
*97
206
178%
181
17
40
102%
83%
123
205%
*178
182
*16%
40 ”
101%
82%
6
92
205%
*178
181
*16%
39%
102%
83%
205%
182%
40%
103%
84
34%
4%
97*3
123
206
8%
97
*135
*123
97
182%
40%
102%
83%
82%
83%
82
35%
36
54% *
60%
60%
54%
61
*5%
6 *
6
*20
20
20
91% 91%
92
91%
84
*83
85
80
36
36
*35%
54%
54% 54%
54%
61% x60% 61%
60%
132 132% *131
16%' 16% 16%
16%
34% 35%
36%
35%
80
80
82
69% *
20%
20%
20% 20%
56%
55% 56%
55
184% 185 *184%
55% 55%
55%
55%
37
37
37
30 3001,
29%
30hi
40%
Friday,
June 17.
40% 41% 40%
230% 230% *231
8%
7%
353s
16%
36%
82
70
*69
70
20
20%
20%
55%
54% 55%
185
55%
55% 55%
37 *
37
30
29% 30
41
8
232 232
*7%
8%
Sales
o f the
Week,
Shares.
166
Inactive stocks.
Bid.
Ask.
10
Thom.Europ,E,WeldH (Boston) 1 0 0
15
W ater P ow er............
9
100
3 *
Westing. El. tr. rec.Tf
“
50
29% 29%
Bonds—Boston.—'June 16.
At.Top.&S.F.100-yr.4g.,1989, J&J § 82% 83%
100-year income 5 g., 1989.Sept. § 58% 5h%
Burl. & Mo. B iver Exem pt 6s, J&J
117%
Non-exempt 6s..1.......1918, J&J f ........ 108
Plain 4s....................1910, J&J
Chic. Burl. & Nor. 1st 5,1926, A&O §3.04 104%
2d mort. 6s................1918, J&D § .... 104
Debenture 6s.............1896, J&D §102% 103
Chic. Burl.& Quincy 4s -.1922, F&A § 93
94
Iow a Division 4s...... 1919, A&O § 94
Chic.&W.Mich. gen. 5s, 1921, J&D §........ 98%
Consol, o f Vermont, 5s. 1913, J&J S 96%
Current B iver, 1st, 5s..1927, A&O 5 __
90
Det. Lans. & N or’n M. 7s. 1907, J &J $ 108
1 astern 1st mort. 6 g., 1906, M&S §123
I ree,E lk.& M .V.,lst, 68.1933, A&O §123
Unstam pedlst, 6s___ 1933, A&O -.120
K.C. C.&Spring.,1st,5g.,1925,A&O §........ Ï 91
K. C. F. S. & M. con. 6s, 1928, M&N
106%
K.C. Mem. & Bir.,1 st, 5s,1927, M&S § 63
70
K.
C. St. Jo. & C. B., 7s..1907, J&J
L. Bock & Ft. 8., 1st, 7s.. 1905, J&J & ____ 94
Louis.,Ev.&St.L.,1st,6g.l926,A&O £
110
2m., 5—6 g ............... 1936, A&O l 94 ____
Mar. H. & Ont., 6s...... 1925, A&O f - —
Extern 6s...................1923, J&D
Mexican Central, 4 g ... 1911, J&J
70%
1st consol.incomes,3 g,non-cum. l ....... 34%
2d consol, incomes, 3s, non-cum. \........ 18
N. Y. & N.Eng,, 1st, 7s, 1905, J&J §119% 120%
1st mort. 6s................1905, J&J §111 111%
2d mort. 6s................1902, F&A §104 104%
2d mort.,scaled, 5s...1902, F&A §........
Ogden. & L. C.,Con.6s.l920,A&0§ §107 108
Inc. 6s...... ..................... „1 92 0 § 27
ButJand, 1st, 6s...........1902, M&N § i l i %
2d, 5s.........................1898,1 &A §101
Bange o f sales in 1892.
Lowest.
Highest.
[.31,785 32% M ay 21 46% Jan. 4
200
4 Mar. 9
5% Jan. 5
93 84 Jan. 6 100% Mar. 15
130 Jan. 12 135 Feb. 15
‘ “ 29 116 Jan. 18 123 June 16
36 199 Jan. 8 209 Mar. 9
10 173 Jan. 5 179 M ay 9
1,865 159 Jan. 28 184 M ay 24
15ia Apr. 12 18 Jan. 8
1,591 33 Jan. 2 40% June 16
36,093 96% June 10 110% Jan. 28
43,900 75% Apr. 2 84 June 15
48 Feb. 25 55 Mar. 31
100
5% Feb. 17
8 Feb. 12
161 19 Feb. 20 23 Jan. 4
383 81% Jan. 19 92 May 13
24 M ay 3 28% Mar. 25
"Ï12 75% Feb. 13 87 Apr. 6
31 25% Jan. 27 37% Apr. 19
165 46% Jan. 21 55% May 5
5,853 50% Jan. 13 62% Feb. 11
110 112 Mar. 14 137% May 17
450 16 M ay 6 24% Jan. 4
29,385 34 June 13 58% Mar. 3
561 75 May 4 114% Jan. 9
10 68 Jan. 19 69% Mar. 16
3,060 18% May 21 26% Jan. 5
29,899 51% May 24 72% Jan. 2
70 164% Jan. 5 187 May 11
4,870 54% M ay 5 57% Jan. 2
400 32 Jan. 29 40% Mar. 3
89,383 1931* Jan. 19 34% Feb. 11
5 Mar. 29
7 Feb. 15
9,470 38% June 7 50% Jan. 4
27 x223%Mar24 232 June 17
355
7% June 6 10% Feb. 18
96% 96% 97%
96%
6,473
9 5 14
95%
95% 96%
96
96
1,040
205
205 206
205 2o6
460
42% 42% 43
505
42% 42%
12% 12%
12% *12% 13
150
268
92
268 270 *270
72 ★
72
*71% 72% *71% 72
107
55
55
55
55
55 ' *54% 5 5
368
44
44% * 4 4
45
44
44%
215
20% 20%
2 0 % 20% * 2 0
20%
160
53% 53% 5 3 % 54
*533* 53% 53% 5 3 %
5 3 % 54
1,291
55
55
*55
56
*55% 56
55%
56
25
15% 15%
14% 14%
133g 13
13% 14
13
1,820
13
65% 65% 65% 65%
65% 6534 *65% 66
570
29
29
29
29
29% 29% *29
492
19% 19% II’ 8% 19%
18% 18%
18% 18%
1.210
made.
II Lowest is ex div.
Note.--June 17, Holiday in Bost
Ì22’ 125
15
69
Wednesday,
June 15.
96% 96% 96
95% 95% 95%
203% 205
205
42 s4 43
42%
*12% 13
*12%
268 268
268
72
72
72
55
55
55
Prices o f June 17.
34%
206
►175
Inactive Stocks,
Ï Unlisted.
Tuesday,
June 14.
78%
90%
192
31
10%
253
60%
43
43%
14%
48%
50%
12
Jan.
Jan.
Mar.
Feb.
Apr.
Feb.
Jan.
Jan.'
Jan.
Feb.
Jan.
Feb.
May
49% Jan.
26% Jan.
16% Jan.
on.
101 % Mar. 24
100
Mar. 25
Jan. 15
45% M ay 28
17% Jan. 5
281 Mar. 21
72 June 13
57% M ay 17
47 Jan. 7
21 M ay 12
55% Feb. 15
56 June 15
18% Jan. 2
67% M ay 13
30% May 16
20% May I f f
210
______ Bonds.
Penna. Consol. 5s, r ....... 1919, Var
Collat. Tr. 4% g ......... 1913, J&D
Pa. & N. Y . Canal, 7 s ...1906, J&D
Consol. 5s...................1939, A&O
Perkiomen, 1st ser., 5s.1918, Q—J
Pnila.& Erie gen. M.«6g.,1920, A&O
Gen. mort., 4 g ......... 1920, A&O
Phila & Bead, new 4 g., 1958, J&J
1st pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958, Feb. 1
2d, 7s.........................1893, A&O
Consol, mort. 7s........1911, J&D
Consol, mort. 6 g ........1911, J&D
Im p rovem en ts. 6 g., 1897, A&O
Con. M.,5 g.,stamped,1922,M&N
Phil. Wilm. & Balt., 4 s.1917, A&O
Pitts. C. & St. L „ 7 s ....1900, F & A
P o’keepsie Bridge, 6 g. 1936, F& A
Schuyl.B.E.Side.lst 5 g.1935, J&D
Steuben. &Ind., 1st m. ,5s. 1914, J &J
United N. J., 6 g ..........1894, A&O
Warren & Frank.,1st,7s,1896,F& A
Bonds.—Baltimore,
Bid. Ask.
114%
99
124
112% 116
106
114%
100
89%
77
69%
62
104%
131
117
106%
100%
90
69%.
62%
132.
120
104
117%
64%
107
103
107%
65
108
Atlanta & Chari., 1st 7s, 1907, J&J ........120
Income 6s................. 1900, A&O ........ 97
Baltimore & Ohio 4g., 1935, A&O
Pitts. & Conn., 5 g ...l9 2 5 , F & A
Staten Island, 2d, 5 g.1926, J&J
Bal.&Ohio S.W.,1st,4%g.1990, J&J
CapeF.&Yad.,Ser.A.,6g.l9L6, J&D 95% 99
Series B., 6 g .......................1916,J&D
95% 96
Series C., 6 g .......................1916,J&D
95% 96%
Cent. Ohio, 4% g .................... 1930,M&S
Chari. Col.&Aug. 1st 7s. 1895, J&J 101 105
Ga. Car. & Nor. 1st 5 g . . 1929, J&J 104% 105%
ll-i%
North. Cent. 6s......................1900,J&J
6s........................................1904,J&J
117 . . . . . .
111
Series A , 5s........................1926,J&J
4% s........................... 1925, A&O 107
Oxf.&Clark.,int.gu.,6 g.l937,M&N
Piedm.& Cum., 1st, 5 g.1911, F & A
97 ioo
Bonas.—Philadelphia
Allegheny Val.,7 3 10s, 1896, J&J 112
Pitts. & Connells. 1st 7s. 1898, J&J 116 117
Atlantic City 1st 5s, g., 1919, M&N
103% Virginia Mid., 1st 6s. ..1906, M&S
Belvidere Del., 1st, 6s.. 1002, J&D 110
2d Series, 6s................1911 M&S
112%
Catawissa, M., 7s........1900, F& A 117
3d Series, 6s.............. 1916, M&S
105
Char. Cin.& Chic.lst 5g, 1 9 4 7 , Q—J
4th Series, 3-4-5s.....1921, M&S
80
Clearfield & Jeff., 1st, 68.1927, J&J 118
5th Series, 5s........... .1926, M&8
95
98%
Connecting. 6s........1900-04, M&S
. .. .. . West Va. C. & P. 1st, 6 g.1911, J&J 110% 111
Del. & B ’d B r’k, 1st, 7s. 1905,F& A 129%
West’!. Y.C. Consol. 6 g.1914, J&J
Easton & Am. l§tM .,5s.l920,M & N 110 112
Wilm. Col. & Aug., 6s.. 1910, J&D 116 118
Elmir. & Wilm., 1st, 6s.1910, J&J. 121
MISCELLANEOUS.
Hunt. & Br’d Top,Con. 5s.’95,A&O 103
Baltimore—City H a ll6 s.1900, Q—J
Lehigh Nav. 4%s..........1914, Q—J 111% 112%
Funding 6s................. 1900, Q—J
2d 6s, gold................. 1897, J&D
W est Maryl’d BB. 6s.. 1902, J&J
General mort. 4%s, g 1924,0—F 102%
W ater 5s.................. 1916, M&N 123 123%
Lehigh V alley, 1st 6s...1898, J&D 112 113
Funding 5s................1916, M&N
2d 7s.......................... 1 9 1 0 , M&S 136
Exchange 3%s...................1930,J&J
100 100%
Consol. 6 .................... 1 9 2 3 , J&D 128 129
74% 75%
Virginia (State) 3s, new. 1932, J&J
North Penn. 1st, 7s___ 1896, M&N 110
Chesapeake Gas, 6 s.. ... 1900, J&D 107 108
Gen. M. 7s................ 1903, J&J
130
Consol. Gas, 6s......... . ,.1910, J&D 115% 115%
Pennsylvania gun. 6s, r..l910, V ar 130
5 s...................................... .1939,J&J
103 103%.
1 Con«ol.6s. c
........_.l90 f —
Equitable Gas, 6s...... . 1913, A&O 110
12Ì
i Last price this week.
THE
J u n e 18,1892.]
C H R O N IC LE .
N E W Y O R K S T O C K E X C H A N G E P R I C E S (C o n tin u e d ).—A C T IV E
997
BONDS JU N E 1 7 , AN D FOR YEAR 1 8 9 2 .
Olos’ng Range (sales) in 1892.
R a il r o a d a n d M is c e l . B onds. Interest Price
Period, J u n e n
Lowest.
Highest.
i Olos’ng Range (sales) in 1892.
R a il r o a d an d M isc e l . B onds . Inter’ s^ Price
Period. J u n e n
Lowest.
Highest
Amer. Cotton Oil, deb., 8 g.1900 Q—F 1127g 107% Jan. 113 June
85 May
At.Top.&S.F.—100-yr.,4g.l989 J & J 8478
81 34 Feb.
58%
66% Jan.
53 May
100-year incom e,5g...... 1989 Sept
70%b 69 June 74 Jan.
A fL & Pac.—Guar, 4 g ___ 1937
14% Jan.
W.D. inc., 6s.................1 91 0 J & J
1078 May
Brookl’ n E levat’ d 1st, 6, g. 1924 A & O 116 b 111 Jan. 118 Mar.
Can. South.—1st guar., 5s 1908 J & J
105% Jan. 109 June
2d,5s.................
1913 M A S 101%b 100 Mar. 104% Feb.
85 Feb.
Cent. Ga.—S & W. 1st con.5s,’ 29
•71 Apr.
7 3 13
115 Jan. 117% Mar.
Central of N. J.—Cons.,7s. 1899 Q—J
120 Jan. 123% Mar.
Consol., 7s......................1902 M & N
109% Jan. 114 June
General mortgage, 5 g ..l9 8 7 J & J 114
Leh. &W.B., con. ,7s, asYd. 1900 Q—M 111 b, 109% Jan. 114 June
do. mortgage, 58........ 1912 M & N 100 a, 94 Jan. 101% Mar.
June
Am. Dock & Imp., 5s___ 1921 J & J 110% 105% Jan. I l l
Central Pacific—G old,6s..1898 J & J I12%b, 109% Jan. 112% June
114% Apr. 119 Feb.
Ches. & Ohio—Mort., 6 g-.19 1 l A & O H O 1«
103% Jan. 107 Apr.
1st consol., 5 g. . .............1939 M & N 1 0 4 5 9
81% Apr.
Gen. 4%s, g ....................1992 M & S 81%
8478 M ay
R.&A.Div., 1st oon.,2-4g. 1989 J & J 7978
76 Jan.
7978 June
do 2d con., 4 g ... 1989 J & J 79 b, 75% Jan.
79% Mar.
Chio. Burl. & Q.—Con.,7s.1903 J & J 125 b. 121% Jan. 126 June
Debenture, 5s................. 1913 M & N 103%a. 101 Jan. 105% Apr.
Convertible 5 s................ 1903 M & 8 107%b. 107 June 114 Jan.
94% June
Denver Division, 4s...... 1922 F & A 94%b, 91% Feb.
Nebraska E x te n s io n 's . 1927 M & N 89
88% Mar. 91% Apr.
Ohio. & E. III.—1st,s.f.,6s.1907 J & D 114%b. 1 1 2 % Jan. 118% May
Consol.,6g......................1934 A & O 121 b. 120% Apr. 122% Jan.
97 Jan. 104 Apr.
General consol. 1st, 5s..1937 M & N 101 %
97% Jan. 104% Apr.
Chicago & Erie—1st, 4-5 g.1982 M A N 1021a
Income, 5s......................1982 Oot’ b’r 50 %a. 48 Jan.
53% Feb.
&
93 %b. 86 Jan.
Chio. Gas L. &C.—1st, 5 g. 1937
94 May
130%b. 125% Jan. 132% June
A
Ohio. Mil. & St.P.—Con.7s.1905
&
112 % Jan. 116% Apr.
1st, Southwest Div., 6s.1909
&
118 b. 113% Jan. 118 June
1st, So. Min. Div., 6 s ....1910
&
11038b, 106 Jan. 11078 May
lst.Ch.&Pao.W .Div., 5s.1921
&
105
b. 100% Jan. 105% June
Chio. &Mo. Riv.D iv., 53.1926
&
1 0 7 1 3 b. 103
Wis. & Minn. Div., 5 g..l9 2 1
Jan. 108 May
&
Terminal, 5 g ................. 1914
103 Jan. 108 June
108
&
92 a. 86% Jan.
Gen. M., 4 g „s eries A ... 1989
91% M ay
& D 114%b, 111% Jan. 115 Apr.
M11.& Nor.—1st, con., 6s.l913
Ohio. & N. W.—Consol., 7s.. 1915 Q - F 139
137 Feb. 142 Apr.
Coupon, gold, 7s.............1902 J & D 1 2 4 1 3 b. 123% Jan. 127% May
Sinking fund, 6s.............1929 A & O 116 b. 116 Jan. 120 Mar.
Sinking fund, 5s.............1929 A & O 110 b, 105% May I l l
June
Sinking fund debeu.,5s.l933 M & N 107 b. 105 Apr. 107% Apr.
25-year debenture, o ___ 1909 M & N 104 b, 103% May 107 Mar.
Extension, 4s................. 1926 F & A 98 b. 96 Jan. 100% Jan.
Chio. Peo. & St. Louis—5 g.1928 M & S 1 0 0 1 4 b. 96 Mar. 101 Apr.
Ohio. R .I. & Pac.—6s, coup. 1917 J & J 126 b. 121 Jan. 126% Apr,
Extension and col., 5s. ..1934 J & J 1031 3
1013a Jan. J.04% May
30-year debent. 5s......... 1931 M & S 95%
95 Jan.
98% Feb.
Chio. St.L.& Pitt. -Con.,5g. 1932 A & O 106 b. 105 Jan. 110 : May
Chio. St. P. M. & 0 .—6S....1930 J & D 12012b. 120 Feb. 124% May
Cleveland. & Canton—5 .. .1917 J & J
88 Jan. ‘ 95% June
O. C. C. & I.—Consol., 7 g.1914 J & D 132 b, 128% Jan. 1353s M ay
General oonsol., 6 g ...... 1934 J & J
118% Jan. 122% Mar.
C.C.C.&St.L.—Peo.& E. 4s. 1940 A & O 80 b. 79% Apr.
83 Feb.
Income, 4s.....................1990 April. 28
26 June 34% Feb.
Col. Coal & Iron —6 g ........1900 F & A 100 b, 99 May 103% Jan.
Col. Midland—Con., 4 g.,.1940 F & A 70 a. 70 Mar. 74 Jan.
OoLH.Val.&Tol.—Con.,5 g. 1931 M & S 965gb. 87% Jan.
97% M ay
General, 6 g .................... 1904 J & D 100 b. 93 Jan. 105 May
Denver & Rio G.—1st, 7 g.1900 M & N 116% 1153s May 119 Apr.
1st consol., 4 g ................1936 J & J 84% . 77% Jan.
8434 June
Det.B. City & Alpena—6 g.1913 J & J 80 b. 70 Jan.
80 Feb.
Det. Mac.&M.—L ’d grants .1911 A & O 41%
36 Apr.
44% June
Dul. So. Sh. & Atl.—5 g . .. . 1937 J & J 103 b. 95 Mar. 105 May
E.Tenn.V & G .—Con., 5 g.l9 5 6 M & N 95 b. 90 Mar. 100 Feb.
K n oxville & Ohio, 6 g.,.1925 J & J 103 a. 99% May 108 Jan.
Eliz. Lex. & B ig San.—6 g.1902 M & S 96 b. 81 Mar. 97 May
Ft. W. A D e n v .C ity —6 g .. 1921 J & D 100%
98% Jan. 105 May
Gal.H.&Sau An.-W .D iv.lst,5 g. M & N
955s May
98% Apr.
Han. & St. Jos.—Cons., 6s.1911 M & S 117%b, 115 Apr. 1185s Feb.
Illinois Central—4 g ......... 1952 A & O 10038b, 96% Jan. 102% Feb.
Int. & Gt. No.—1st, 6 g ___ 1919 M & N
118 Jan. 129 Mar.
Coupon, 6 g., trust re e..l9 0 9 M & S
76 Jan.
82 Jan.
Iow a Central—1st, 5 g ...... 1938 J & D 90 b. 89% Jan.
96 Feb.
Kentucky Central—4 g ___ 1987 J & J 85%
81 Jan.
85% May
Kings Co. El.—1st, 5 g ___ 1925 J & J 101%b. 97% Feb. 102 June
Laclede Gas—1st, 5 g ........1919 Q - F
80 Mar. 85% May
84
Lake Erie & West.—5 g ___ 1937 J & J lll% b . 107% Jan. 114 June'
L . Shore—Con. cp., 1st, 7s. 1900 J & J 122 %b. 120 Jan. 122% Apr.
Consol, coup., 2d, 7s...... 1903 J & D 122%b. 121% Feb. 126 May
L o n g Is l’ d—1st, con., 5 g.,1931 Q - J 114%b, 113 Apr. 115 Feb.
General mortgage, 4 g.,1938 J & D 96%b. 91 Jan.
97 May
Louis. & Nash.—Cons., 7s.1898 A & O 114 b. 111 % Apr. 115 Feb.
N.O. & Mob. 1st, 6 g ...... 1930 J & J 122 b. 117% Jan. 121% June
do.
2d, 6 g ........1930
m 113%a. 108 Jan. 110% Apr.
General, 6 g . . ................. 1930 J & D 116%b. 115% Jan. 119% May
Unified, 4 g ............. .....1 94 0 J & J 8134b. 78% Jan.
82 June
Nash.Fl.&Sh.—1st gtd.5 g.’ 37 F & A
98 Feb. 101 Jan.
Louis. N.A. &Ch.—1st, 6s. 1910
& J
10878 Jan. 113 June
& O 103%
Consol., 6 g .................... 1916
99 Apr. 103 Feb.
& A 91 b. 87% Jan.
Lords. St. L. ¿ T e x a s —6 g.1917
9638 Jan.
& J 11938b. 113% Jan. 119% June
Metro. E levated—1st, 6 g. 1908
2d,6s....................... .....1 89 9 M & N 109% 105% Jan. 110 June
ftUon. Cent.—1st,con.,7s..1902 M & N
121 May 124% Apr.
Consol., 5s .................... 1902 M & N
106% May 108% Apr.
Mil.LakeSh.&W .—1st, 6g. 1921 M & N 128 a. 123 Jan. 127% Apr.
Exten. & Imp., 5 g ........1929 F & A
104% Mar. 108% Jan.
I f . K. & T.—1st 4s, g ........1990 J & D 79%
79 June 83 May
2d 4s, g .......................... 1990 F & A 46 %b. 46 June 5434 Jan.
Mo. Pacific—1st, con., 6 g,1920| M & N 107 b, 106% May 109% Apr.
8d,7s.............................. 1906 M A N
112 % Jan. 116 Jan.
Pao. o f Mo.—1st, ex., 4 g. 1938 F & A 98%b, 97 Mar. loO Jan.
2d extended 5s.......... 1938 J & J 107 b, 1023s Jan. 109 June
N ote —“ b ” indicates price bid ; “ a ” price asked ; the Range is made
Mobile & Ohio—New, 6 g ..l9 2 7 J <fe D 116
112 Feb. 118 M ay
General m ortgage,4s... 1938 M & S 64 b. 61% Apr.
6778 Jan.
.
Nash. Ch. & S t.L.—1st, 7s. 1913 J & J 130 b. 126% Jan. 132 June
Con., 5 g ..................... ..1928 A <§s O
103% Jan. 106 Feb.
N.Y. Central—Extend., 5s. 1893 M <fc N 101% 101% May 105 Mar.
1st, coupon, 7s............... 1903|J & J 128 %b, 123% Jan. 128% June
Deben.,5s, coup., 1884..1904 M & S
107% Mar. 110 Feb.
N. Y. & Harlem—7s, reg.1900 M & N 121 b. 120 May 123% Apr.
R. W. & Ogd.—Con., 5s.. 1922 A. & O 113 b, 111% Apr. 115 Feb.
N. Y. Chic. & St. L.—4 g.,.1937 A & O 995s
95 Jan.
995g,June
N. Y. Elevated—7s.............1906 J & J 114%b, 112 Jan. 115 ,June
N. Y .Lack . & W.—1st,6s.. 1921 J & J 129 %b. 125 Jan. 129%,June
Construction, 5s.............1923 F & A 110 b. 110 Jan. 110% Apr.
N.Y.L.E.&W .—lst,con.,7g.l920 M & S 139%a. 134% Mar. 138% Feb.
Long Dock, 7s................1893 J & D 103 b. 102% June 306% M
: ay
Consol., 6 g ...................1935 A & O
121 Feb.
117% Apr. m—
2d consol., 6 g ...............1969 J & D 105 %b, 04% June 109% May
N. Y. Ont. & W.—1st, 6 g ..l9 1 4 M & S 112%
10% Apr. 116 Jam!
Consol. 1st, 5 g .............. 1939 J & D 106 b. 100 Jan. 108% May
N. Y .8us. &W.—1st ref., 5 g.1937 J & J 106%b. 103 Jan. 106% June
Midland o f N. J., 6 g ___ 1910 A & O
116 Apr. 119 Mar.
N o rf.‘¿ South.—1st, 5 g...l9 4 1 M & N 99%b, 98 Apr. 101 Apr.
Norf. & W.—100-year, 5 g.1990 J <fc J
93 Apr.
96% M ay
& J 94
Md.&Wash. D iv.-lst,5 g.1941
91 Feb.
95 Jan.
& J 118%b. 115 Jan. 11878 June
North.Pac.—1st,coup., 6g. 1921
General, 2d, coup., 6 g ..l9 3 3 A & O 113 %b. 112% Apr. 116% Mar.
& D 105 %b. 107 June 111 Apr.
General, 3d, coup., 6 g ..l9 3 7
& D 74%
Consol, mort., 5 g ........... 1989
73% June 80% Jan.
Chic. & N .P .—1st, 5 g ...l9 4 0
& O 793s
76% Apr.
82 Feb.
North. Pac. &Mon.—6 g ... 1938 M A S 95 b. 94% May 103 Feb.
North. Pao. Ter. Co.—6 g ..l9 3 3 J A J 107 b. 105 Jan. 108% Apr.
Ohio & Miss.—Cons, s.f.,7s. 1898 J A J
111 Jan. 115% June
Consol., 7s......................1898 J A J
110 Mar. 115 June
Ohio Southern—1st, 6 g ...l9 2 1 J A D 109 b. 106 Jan. 111% M ay
General mort., 4 g ......... 1921 M A N 64
61 June 6678 Mar.
Omaha & St.Louis—4 g ... 1937 J A J 63 b. 62% Apr.
64 M ay
Oregon Imp. Co. -1st, 6 g.1910
A D 100%a. 99% June 104% Feb.
Consol., 5 g .................... 1939
A O 65
64 Apr.
71% Jan.
Ore.R.<feNav Co.—1 st,6 g. 1909
A J
10978 Jan. 112 June
Consol., 5 g ......................1925
A D 92%a. 90 May
96 Feb.
Pa. Co.—4% g., coupon.... 1921
A J 108 b. 10558 Jan. 1085g June
Peo. Deo. & Evans v.—6 g ..l9 2 0
A J
103 Apr. 110 Feb.
Evansville Div., 6g___ 1920 M A S 101%b. 100 Apr. 108 Jan.
2d mort., 5 g ...................1926 M A N 70%a. 69 May
71% Mar.
Phila. & Read.—Gen., 4 g.1958 J A J 89 %b. 83% Jan.
90% M ay
1st pref. income, 5 g ...... 1958 Feb.
77%
69% Feb.
79 Feb.
2d pref. income, 5 g ...... 1958 Feb.
69%
53% Feb.
72 Feb.
62
3d pref. inoome, 5 g ...... 1958 Feb.
37 Jan.
67 Feb.
Pittsburg & Western—4 g.1917 J A J 86
80% Jan.
86 June
Rich <fe Danv.—Con., 6 g ..l9 1 5 J A J 110
105% Mar. 112 Jan.
Consol., 5 g .....................1936 A A O 80%
75 Apr.
85 Feb.
Rich.&W.P.Ter.-Trust,6g.l897 F A A 85%
83 M!ay 100 Feb.
Con. 1st & col. trust, 5 g.1914 M A S 53%
51% M ay
72% Feb.
Rio G. Western—1st, 4 g ..l9 3 9 J A J 82%b. 76% Jan.
82% June
St. Jo. & Gr. Island—6 g ..l9 2 5 M A N 94%
94 May 100 Mar.
St. L. Alt. & T. H .—1st, 78.1894 J A J 107 b. 107% Apr. 1083s Jan.
St. L. & IronM t.—Is t7 s ...l8 9 2 F A A 103%b. 101 Feb. 104% ja n .
2d, 7 g ............................. 1897 M A N 107%b. 107% May 109% Feb.
Cairo Ark. ¿ Texas, 7 g. .1897 J A D 104 b. 105 Jan. 109 Mar.
Gen. R ’y & land gr.,5 g..l9 3 1 A A O 85
83% Apr.
86% Mar.
St.L. & San Fr.—6 g., C1.B.1906 M A N lllS gb . 111 June 115 Apr.
6 g., Class C...................1906 M A N lll% b . 111 May 115 Apr.
General mort., 6 g ......... 1931 J A J
106% Jan. H I
June
St. L. So. West.—1st, 4s, g .. 1989 M A N 67-«
67% June 72% Jan.
2d, 4s, g., in com e........... 1989 J A J 29 b. 29 June 37% Jan.
S.P.M.&M.—Dak. Ex., 6 g.1910 M A N 118 b. 116% Jan. 119 Mar.
1st consol., 6 g ............... 1933
A J 122 %b. 118% Jan. 123% June
A J 102 %b. 97 Jan. 103 Apr.
do
reduced t o 4 % g ...
Montana Extension, 4 g.1937
A D 88%b. 87% Jan.
San A. ¿ A ra n . P.—1st,6 g .1916
A J 68 %b. 65 Apr.
75 M ay
A J 67 b. 61 Jan.
1st, 6 g ............................1926
68% June
A A 92 b. 90 Apr.
SeattleL.S.&E.—lst,gu. 6.1931
96 M ay
So.Car.—1st, 6 g.,ex coup.1920
107% 106 Apr. 108% Mar.
Income, 6s...................... 1931
14 Apr.
22 Jan.
So. Pac., Ariz.—6 g ...... 1909-10 J A J 105%b. 101 Feb. 107 June
So. Pacific, Cal.—6 g ___ 1905-12 A A O 113%b. 112% Jan. 116 Mar.
1st, consol., gold, 5 g ___1938 A A O 99 b. 99% Mar. 102 Mar.
So. Paoifio, N. M.—6 g ........1911 J A J 107 b. 101% Jan. 107% June
Tenn.C. I. & Ry.—Ten.D .,1st, 6g A A O 96 b. 89 Feb.
97 June
Birm. Div., 6 g ................1917 J A J 98 b. 91 Jan. 100 June
Tex. & Pac.—1st, 5 g ..........2000 J A D
81%b, 77% Feb.
85% M ay
2d, income, 5 g ............... 2000 March 28%
27 Feb.
34% Mar.
Tol. A. A. & N. M.—6 g ...... 1924 M A N 98 a. 96% May 104 Feb.
Tol. & Ohio Cent.—5 g ...... 1935 J A J 107%b, 102% Jan. 107% June
Tol. Peo. & West.—4 g ...... 1917 J A J 81%b 77 Jan.
82% M ay
91 Jàn. 101 M ay
Tol. St. L. & Kan. C.—6 g ..l9 1 6 J A D
9478
Union Pacific—6 g ..............1899 J A J 113%b 110% Jan. 114% June
Sinkingfund. 8s.............. 1893 M A S 107% 106 Mar. 110% Feb.
Collat. trust 4%.............. 1918 M A N
70 May
74% ja m
94% May 100 j am
Gold 6s, col. trust notes. 1894 F A A 95%
Kan. Pac.-Den. Div.-6 g.1899 M A N 110 b. 109 Feb. 111% Apr.
1st consol., 6 g ..............1919 M A N 109%b. 108% Jan. 114 Apr.
Oregon Short Line—6 g. .1922 F A A 102%b. 101 June 108 Jan.
Or.S.L.&Ut’hN.—Con.5 g.1919 A A O 72 b. 75 Apr.
83% Feb.
U.P.Den.& G ulf con. 5 g.1939 J A D
71 b. 71 June 77% Jam
110 Jan. 115% Apr.
Union Elevated—6 g ........1937 M A N 115
76% May
Virginia Mid.—Gen. m.,5s, 1936 M A N 80%
85 Feb.
do
stamped guar. M A N 81 b. 79% May
87 Feb.
Wabash—1st, 5 g ................1939 M A N 105% 103% Jan. 107 Apr.
2d mortgage, 5 g ........... 1939. F A A 83%b 79% Mar.
85 Jan.
A J 39
39 June 50 Jan.
Debent. M., series B ...... 1939
West Shore—Guar., 4s...... 2361
A J 1055g 101% Jan. 105 5g June
A J 104%
99 Jan. 105 Mayl
West. N. Y. & Pa.—1st, 5 g.1937
A O 32%b 31% Apr.
353g Feb.
2d mort., 3g., 5sc.............1927
A J 105 b 100% Jan. 106% June
West. Un. Tel.—Col. tr.,5s.1938
A J 935g
90 Mar. 1,93% June
Wis. Cent. Co.—1st, 5 g .....l9 3 7
33 %b 32 June 42% J a n .
Income, 5 g ..................... 1937
up from actual sales only.
* Latest price this week.
NEW
YORK
STOCK
EXCHANGE
P R I C E S .—STATE
BONDS JU N E
17.
SEC URITIES.
Bid.
Ask.
Alabama—Class A , 4 to 5 .......1906
Class B, 5s........................... 1906
Class C, 4s.......................... .1906
Currency funding 4s........... 1920
Arkansas—6s,fund.Hol. 1899-1900
do. Non-Holford
7s. Arkansas Central R R ...........
Louisiana—7s, cons................1914
Stamped 4s.................................
104%
107
96
97
5
155
3
105
92%
105
105
N ew York—6s, lo a n ............... 1893 103
S.C. (cont.)—Brown eonsol.6s.1893
96
99
107% North Carolina—6s, csjd......... JAJ
30
Tennessee—6s, old........1892-1998
62
Funding act.........................1900
10
Compromiso, 3 -4 -5 -«s........ 1912
72 ----w*
93
N ew bonds, J. & J ___ 1892-1898
20
N ew settlement, 6s.............1913 108
12
Chatham R R ......... . ....................
2
5 s......................................... 1913 103%
195
Special tax, Class 1.....................
3
3 s ......................................... 1913
74 " 7 4 %
10
Consolidated 4s...................1919
99 100
Virg in ia —6s, o ld ...............................
6s..........................................1919 124% 127
6s, Consolidated b e n d s................
95
Rhode Island—6s, eou.. 1893-1894 102
6s, eon solidated, 2d series, recta.
Sini*h fla.roHtJ»— 6s. uen-frrnH.1
1%
1%
Äs. d e fe rre d , t ’ st r e c ’ts, stam ned
a.
M issou ri— F und.............1894-1895
SEC U R ITIES.
Bid.
Ask.
SEC URITIES.
Bid.
Ask.
na
THE
£998
GENERAL
C H R O N IC LE .
QU OTATIO NS
OP
[V O L . L 1 V *
STOCKS A N D
BONDS.
Quotations in N ew Y ork represent the par cent value, -whatever the p ir may be; other quotations are freqaeatlv m a le p3r shar6.
The following abbreviations are often used, viz.: “ M.” for mortgage: “ g.” for gold; “ g’ d,” for geuraatead; “ end.,” for endorsed; “ eons.,
fo r consolidated; “ conv.” for con vertible; “ s. f.,” for sinking sund; “ 1. g.,” for land grant.
Quotations in N ew York are to Thursday; from other cities, to late mail dates.
S u b s c r ib e r s w i l l e o n f e r a f a v o r b y g i v i n g n o t ic e o f a n y e r r o r d is c o v e r e d I n t b e s e Q u o t a t io n s .
D k it h * St a t e s B ondb .
Bid.
Ask.
Ci t y Se c u r it ie s .
Ci t y Se c u r it ie s .
Boston, Mass.—Water 6s,1906 .V ar §128
W ater 5s, gold, 1906............Var!§117
U N IT E D S T A T E S B O ND S.
W ater 4s. 1917......................V ar §10 3*
2s, option TJ. S., reg...............Q—M 100
W ater 3*as, 1917................ A&O
*s, 1907........................ r e g ..,Q —J. 1 16 * 117*
3s.................................... . A&O
4s, 1907..................... coup.. .Q—J 117% 118*4
B’k lyn .N .Y.—B’ge7s,1915 24.J&J
6e, Currency, 1895.......reg....J & J 106
Park 6s, 1924......................J&J
6s, Currency, 1896.....r e g ___ J&J 108*3
Bridge 5s, 1 91 9...................J&J
6s, Ctirrency, 1897.......reg....J& J 111*
Bridge 4s, 1926................... .J&J
6s, Currency, 1898.......reg— J&J 114
W ater 3s, 1905................... J&J
6s, Ctirrency, 1899...... re g— J&J 117
Buffalo, N .Y.—7s, 1924-5......J&J
W ater 5s, 1898-9.................A&O
S T A T E S E C U R IT IE S .
103*6 105
W ater 4s, 1904.................... M&8 §100
Alabama—Class “ A ,” 4 to 5,1906.
Water 3 *3 8 ,19 05 .................J&J
Class “ B,” 5s, 1906.................... 1 0 6 * 107*4
95
W ater 3s, 1916....................F&A
Class “ C,” 4s, 1906..................
Currency funding 4s, 1920......
Cambridge,
Mass.-W ater 6s,’ 96. J &J
9
7
*
96^8
12
5
City 6s, 1904............... -....... J&J
Arkan.—6s, fund.,’ 99.Holford. J&J
6s, fund., non-Holford....... ..J&J 160 190
W ater 3*8?, 1911................ Var
3
10
7s, L. R. & Ft. S.lssue,1900.A & O
Camden, N. J.—7s. 1903 ......... J&J
3
10
7s, Memphis & L. R., 1899.A & O
104
Charleston, 8.C.—Conv.7s,’97. A&O
3
7
7s,L. R .P .B . & N . O., 1900.A & O
Conv. 4s, 1909...................... J&J
3
30
Chicago, 111.—7s, 1899...................
7s,Miss.O. & R .R iv.,1 9 0 0 .A & O
1
7s, Ark. CentralRR., 1900. A & O
10
7s, 1895.......................................
Cknmeotlo* t-N ew,rg. ,3 *«8,1903. J&J u o o
4*38,1900....................................
5 94*
3-65s, 1902..................................
New, reg. or coup., 3s, 1910
Btet. C o l—Cons.3-65s,1924,cp.F&A 1 13 * 116
4s, 1911.......................................
Cook Co. 4*38,1900.....................
Funding 5s, 1899...................J&J 108
Wash.—Fnnd.loan(Cong.)6s,g.,’92 102 *
West Chicago 5s, 189 9 ............ .
Fund. loan(Leg.)6s,g., 1902Yar 113
Lincoln P ark 7s, 1895.................
102
Market stook, 7s, 1892............... 102 *
Cincinnati, O.—7-30s, 1902 ...J& J
126%
Water stock, 7s, 1901................. 121
7s, 1908..................................Var
133
121*
6s, gold, 1906......................M&N
do
7s, 1903.................. 173
101
Florida—Consol, gold 6s...... J & J §108
4s, 1905................................. V ar
Heorgia—4 * s , 1915................. J&J 109*5 111
4s, 30-50s, sink, fund, 1931. J&J
102*9
99
31*8,1917 to 1036................J&J
100
114
5s, S0-50s, sink, fund, 1930. M&N
Indiana—Tem’y loan, 3 * s , 1895...
Hamilton County 4s. 1937... . ..
105
Cleveland, O.—7s, 1894......... A&O
Refunding, 3 * s , 1895.................
6s, 1900...............................M&8
State House, 31*8,1895..............
5s, 1907................................ J&D
Temporary loan, 3s, 1899......... .
Temporary int. loan, 3s, 1894___
Fundeddebt 4s, April, 1902.J&J
101
Temporary lnt. loan, 3s, 1892... j
Columbus, Ga.—7s...................Var
5s................................. ...............
Temporary int. loan, 3e, 1893.
103
School fund refunding, 3s, 1909.
100*9
Covington. K y.—4s, 1927, new. J&J
5s, 1920................................ F&A
Temporary loan, 3s, 1899...........
110
ironlsianar-Consol. 7s, 1914. ..J&J 105
8s, 1899............................. -..J&J
92
Stamped 4 per cent, 1914___ J&J
95
Dallas, Tex.—5s, 8t. Im p’m’ t, 1928.
5s, water, 1920............................
100
Maine—New 3s. 1899-1929.... J&D
Dayton, O.—5s, 1895—1906
102
M aryland-3s, gold, 1900........J&J
8-65s, 1899............................J&J 102
Denver,Col.—Pub. im.4s,1904.M&8
Duluth, Minn.—4s, 1920......... J&J
M assachusetts's, gold, 1894.. J&J .103*3 104
5s, gold, 1897....................... M&S 1108** 109* Detroit, Mich.—7s, 1894......... F&A
6s, W. L., 1906......................J&D
Minnesota—Adj. 4 * s , 1912,10-30. > 99
124
Missouri- Asyl’m or U niv’ ty, ’ 9 2.J&J 102**
3*ss, 1911............................. J&D
Erie, Pa.—Consol. 7s, 1894 ....J & J
Fund. 6s, 1894-95................. J&J 105**
Elizabeth, N. J.—New 4s,1922. J&J
Funding 3 * , 5-20s, 1906-8 ..J&J
87**
Few Hampshire—6s, 1894___ J & J 103*3 104
Evansville, ind., comprom. 4s, 1912
War loan, 6s, 1 9 0 5 ........... J & J 1 28 * 129
Fitchburg, Mass.—6s.’05, W .L. .J&J §123
Galveston, Tex.—
S ew York—8a. gold, 1893___ A& O 103
30
Mo.Carolina—6s, old, 1886-’ 98. J&J
5s, 1920................................ J&D 101 103
Gr’nd Rapids, Mioh.—5s, 1904. J&J 104
8s N. C. RR., 1883-5........ J & J
Water, 8s, 1895.................... J&D
6s
do
7 coupons off ...A & O
10
Harrisburg, Pa.—6s, 1895 ...... J&J
6s, funding act of 1866,1900.J&J
20
W ater 6s, 1903......................J&J
6s, new bonds, 1892-8...........J&J
2
Hartford, Conn.—6s, 1897...... J&J
6s, Chatham R R ...................A&O
7
3
Towns, 3s, 1909.............. .........
5
6s, special tax,class l,1898-9A&u
3
Hoboken, N. J.—7s, 1892...... A&O
5
Trust certificates..................
99 100
4«, new, coup , 1910...........J & J
Im provement 6s, 1898........J&D
6s, 1 9 1 9 .............................A & O 124 127
do
5s, 1901....... M&N
North Dakota bends, f ’ded 4s.. J&J
Houston, Tex.—6 s ..........................
108
Compromise 5s, 1918..................
Penn.—5s, new,reg.,’92-1902..F&A
Indianapolis, Ind.—“ D ” 7‘3,’99. J&J
4s,reg., 1912...................... F & A 119
Rhode Is l’d—6s, 1893-4, coup. J &J 103
6s. 1897................................. J&J
8 )uth Carolina—Ga^Non-fund. ,1888
1%
1% Jersey City—7s, 1905.............. Var
95
W ater 6s, 1904......................J&J
99
Brown consols, 6s, 1893 ....J & J
105*
Blue consols, 4 *s , 1928...... J&J
W ater 5s, 1916.................... A&O
South Dakota 4 * s, 1897.........
W ater assess.,5s, 1916........A&O >103*
103*a 103%
62
Hudson County 5s, 1905.... M&S- 102*9
Tennessee—Gs, unfunded......... J&J
72
Hudson County 7s, 1894.... J&D >104
Compromise, 3-4-5-68,1912.. J&J
Bayonne City, 7s, lo n g .. . . . .IJ&J
Settlement, 6s, 1913........... ..J&J 108 112
Settlement, 5s, 1913..............J&J 10a *s 104
Kansas City, Mo.—7s, 1898.. M&N
4s, 1910................................A&O §100 100*
Settlement, 3s, 1913..............J&J 74*9 75
K noxville, Tenn., 5s, 1922............ 104
Texas—7s, gold, 1904.............. J&J 129% 133
40
V irgin ia—6s, old, 1886-’9 5 ...J & J
Lawrence,Mass.—6s, 1900 ...A & O §115% 116 *
35
Leavenworth, Kan.—4s, 1914 .J&J
6s, new bonds, 1866...........J & J
89
103
6s, consols, 1905. ex-coup___ J&J
Long Island City, N .Y —Water.7s...
110
Los Angeles, Cal.—7s............I .......
8s, consol., 2d series.............. J&J
10
122
Louisville, K y .—7s, 1903......... Var
7
6s, deferred bonus........................
9
7
105*
Do trust receipts....................
68,1897............................. ....V a r
102*
New3s(Riddleberger),1932.J &J
20-408, 5s, 1920..........
M&N
7 4 * 75*
4s, 1923.......................
.J&J
25
26
103
Coupons......................... ..
103*
Low ell 4s, 1903....................... A&O
112
Lynchburg, Va.—6s, 1901-4...J&J
105
C IT Y S E C U R IT IE S .
Lynn, Mass.-Waterloan,6s,’94.J*J
Albany, N .Y.—6s, 1915-1919»M&N >126*3
5s, 1905................................M&N
4s, 1920 to 1930................. M&N ¡108
Macon Ga.—6s, 1909.....................
Allegheny,Pa.—5g,ep., ’87-97.Far. 104*3
117
Manchester, N. H .—6s, 1902..J&J.
4*s,bou p., 1800 ..........
Var,
103
106
4s, 1911......................................
109
||Allegheny Co.,5s, cp., 1913.J&J 103 105
Memphis, Tenn.—Comp. 6s, 1907..
103
106
4s. Court House, 1908, reg.. J&J
105
Tax Dist., Gs, 1913............... J&J
3'8s, refunded, 1895, reg.. ..J&J 100
109
T ax Dist., 6s, 1915............... J&J
Atlanta, Ga.—Water 7s, 1904..J&J 113** 117
Middletown, Conn.—3-65,1900___
6s, 1895-6 ............................. J&J 104 109
Minneapolis, Minm.—8s, 1892. J&D
5s, 1914-15............................J&J 102* 106
7s, 1901..................
J&J
106%
4*»s, 1916.............................. J&J 100 104
4*3», 1912-15................. ..............
101
Augusta, Me.—6s, 1905, Fund .J&J §119 120*8
4s, 1915-17...................................
Augusta, Ga.—6s, 1905 _____...J& J 106 111
Milwaukee,Wis.—W ater7s,’02. J&J
Baltimore—6s, bounty, 1893.M & 8
104
98 102
Water 4s, 1906-7...................J&J
5s, water, 1894.................... M&N
103
Mobile, A l a —4-5s, f ’ded, 1908. J&J
6s, 1900................................Q—J
117
Montgomery, A la.—6 a . . . . . . ...... . 106
6s, West. Md. R R., 1902.... J&J 115
5a, n ew ................. . ....... . . . . ____ 100
123*3 Naahville, Tean.—6a, 1900...... J&J
6s, 1916........................... ...M & N
4s, 1920................................ Q - J 105
4a, 1910......... ........ ...................
98
3 * s , 1928............................. J&J 100 100* Newark—4a, 1908 ...................A&O
Bangor, Me.—Water,6s, 1905. J&J >121 122*
4 *3 8 , 1918.................................... >104
13. a i l . A. RR. 6s, 1 89 4 ...... J&J 103*3 104
5s, 1909........................................ >108
Bath, M e —6s, 1 90 2................Var >106 108
6s, 1910..............
Var >121%
4*3«, 1907.,...........................J&J |103 105
7a, Aqueduot, 1905................ Var
Belfast, Me.—6 »,railroad aid,’ 98.. >107 108
New Bedford,Maaa.—6a,1909. A&O 1 2 9 * 180
Birmingham, Ala.—5 g., 1920 A&O
3*as, 1910. .................
A&O §100 101
* Price nominal.
§Purchaser also pays aeerwedinterest
6 In Lenden.
Bid.
As*
110*
105
95
158
107*
xlO O *
$123
'118
121
6s, 1906................................. Var
New H av’n -Pa rk ,3 * p.c.20.50s. J&J
97
N ew Orleans, La.— Premium 5s ...
158*
Cons. 6s, 1923,ext. Crossman. J&J
108
5s, 1934 .......
J&D
100%,
N .Y. City—7s, 1900................ M&N
125
6s, 1900............................... M&N
121
6s, gold. 1901...............
J&J
123
5s, 1908............................... M&N 122 125
5s, gold, 1896............. ; .......M AN 106
4s, 1906........................ ....M & N I 0 9
3 *8 , 1904............................ M&N 103
3s, 1907................................A&O 100
Park, 2 * s , 20-4s................. M&N
94
97
Norfolk, Va.—6s, 1914.............. Var
8s, Water, 1901................... M&N
124
5s, 1 9 1 6 ............................... A&O 102*
Norwich, Ct.—5s, 1907............ A&O >112* 114
Omaha, Neb.—P avin g 5s, 1905
5s. 1912..................................
109 109*e>
Orange, N. J.—7s, lon g..............
>116 1 1 7 *
Paterson,N. J.—7s, 1900 ........
6s, 1901..................................
>109 111
> 9 8 * 100*
4s, 1908..................................
Petersburg, Va.—6s, lo n g........J&J 110
Philadelphia, Pa.—6s,1 896.... J&J
HO
6s, 1904-5-6........................... J&J
Pittsburg, P a.—5s, 1913......... J&J 116
7s, 1912.................................. Var 134%
4s, 1915................................ J&D 103
6s, Consol., 1904 r e g .............J&J 1 1 7 *
Portland,Me.—6s, RR. Aid,1907M&8 >121 122
4s, funded, 1912................. J&J >100
Portland, O re —Gold 6s.1920.MAN (117
Portsmouth, N .H .—6s,’ 93,RR. J&J >101 101*
Poughkeepsie. N. Y .—7s,water long >130
Providence, R .I.—5s, g.,1900... J&J >110 111
6s, gold, 1900, w ater loan. . J & J 117 118
4 * s , 1899.............................J&D >106 1 0 6 *
3 * s , gold, 1916....................M&8 >100 101
Quincy III.—Gs, 1898.............. J&J 106
47
Rahway, N. J.—Old 7§............
70
N ew adjustment, 4s.............
75
Reading, Pa .—4s. 1920........... A&O
Riohmond, Va.—6s, 1904-1910J&J 113
8s, 1909................................. J&J 133
5s, 1921 & 1922.................... J&J 110 112
97* 9»
4s, 1920................................
Rochester, N. if.—7s, W ater,1903.. 132
4s. 1912................................ F& A 100
8t. Joseph, Mo.—6s, 1903...... F& A 1 07*
97
»8 *
Comp’mise 4s, 1901.............. F&A
St. Louis, Mo.—6s, 1899.......... Val 110* 1X1
103*
es, gold, 1894.......................
5s, 1900............................... .
108
4s, 1905................................
99*
3-65s, 1907...........................
120
St. L. Co.—68,1905............... A&O
St. Paul, Minn.— is, 1912........
106*
4 * s , 1916.............................
5s, 1915................................
117
6s, 1904................................
115
7s 1898
115
San Antonio, Tex.—6s, iÖÖÜ-ibj&J
5s, 1 9 2 0 ............. ......................
io’i '
Savannah—F‘d 5s, cons.1909 .Q—F
Scranton, P a .—4s, 1893 1910.F& A
Sioux City, Iow a—4 *s, 1899..
Spokane Falls, Wash.—6s.......
Springfield, Mass.—6s, 1905..A&O 1 2 3 * 125
7s, 1903, w ater loan............ A&O 1 2 8 * 129
Springfield, O —5s, 1907........M&N
Toledo, O —7-d0s, R R., 1900.M & N 115 116
8s, 1893- 4.............................Var 1 0 3 * 104
6s, 1899..................................Var 107 10
5s, 191 1 ................................ A&O 100 101
9 2 * 95
4s,1913........................... <...Var,
100Trenton, N. J.—4s, 1911......... J&J
Worcester, Mass.—5s, 1905...A&O ,114* 1 1 6
4s, 1905................................ A&O 1 04 * 105*
99 106
3 *8 , 1905............................. J&D
R A IL R O A D RONDS.
(Bonds o f companies consol’ted are
generally under the consol’d name.)
115*
Ala.Gt. Southern—1st,6s,1908J&J e l!2
Debenture 6s, gold, 1906.. .F&A «103 10&
96;
Gen’l mort. 5s, 1 9 2 7 ....___ J&D i 94
9 0 * 93
Ala. Midland—1st, gua. 6s, 1928...
94
I
92
Ala. N. O. T. &o. 1st deb. 6s, 1907.
42
2d debent. 6s, 1907.............. J&D ! 40
90
Ala.& Vlcksb.—Cuns. 5s,1921.A&O
Vicksb.&Mer. -1 st,6s, 1921.A&0 100
72*
2d, consol. 5s............ ............ .
Alb’y&Susq.—Cons. 7s, 1906, guar.
Consol, mort.,6s,1906, guar. A&O H 7 *
Allegh. Val.—Gen. M., 73-10s. J&J 112
1st mort., 7s, 1 9 1 0 ............ A&O 123
Income,7s, end., 1894. ....A & O
Allentown Term.—lsts,4s, 1919. J&J
84* 8 4 *,
Ateh.T. &8. F e-n ew 4 s, 198», J&J
58
New inoomes, 1 98 9..................
Guar, fand notes................. M&N
Atl. & Chari.—1st pf. 7s, 1897. A&O 102
1st, 7s, 1907......................... ....... 120 121*
98
96
Inoome, 6s, 1900 ___ .......A & O
100 J
Atl. & Florida—1st, 6s, 1939. M&N
Atlantio City—lst,5s,g.,l919.M &N 103
62
Allan. & Dan.—1st g. Gs, 1917.A&O
7 0 * 71
Atlantio & Pao.—1st 4s, 1937.. J&J
Sd W.D., gaar.,g, s.f.6s.l907.M&8
12
W. D. Incomes, 1910......... A&O
16
Cent.Div.—Ine.,6s,non-cu., 1922
12
Land gr. incomes, cum., 1901..
Saltnnore & Ohio —4s, 1935...A&O 100*
Parkersburg £ r., 6s, 1919.. .A&O 115
5s gold, 1925.......
F&A 111
Consol, gold5s, 1 9 8 8 ........F&A 114 1 1 5 *
Rohuylkill R iv. Bast Side 5s, 1935 1 0 7 * 108
T Coupons on sinoe 1369
»
HSubject to oaU.
THE
J u k e 18,1892. J
999
C H R O N IC LE.
GKEtfERAXi QUOTATIONS OF STOCKS AND BONDS—Continued .
F o r E x p l a n a t i o n s S ee N o te s a t H e a d o f F i r s t
R a il r o a d B o n d s.
Bid.
Ask.
R a il r o a d B o n d s.
P aste o f Q u o t a t io n s .
Bid. Ask.
R a il r o a d B o n d s.
Bid. Ask.
C.C.C.ASt.L.—C. Div., 4s, 1939JAJ
—
Ohio. B. A Q .—Cons.,7s, 1903..JAJ 12578 126
Baltim ore & Ohio—(Continued)—
» r
St. L. div.lst,col. tr. 4s.'90.M A N
5s. s.f., 1901.............. ......... AAO 103%
Sterling, 6a, 1895................. MAS el 04 106
91% 91%
C.W. AM. D iv.—1st,4s,g 1991. JAJ
5s, debenture, 1913............ M AN
103*3
Sterling, 6a, g., 1902............ MAS «113 115
Cinn.San.A Clev.—6s, 1900.-F&A $........
Iow a Div. S.F.5s, 1919......AAO 105%
Sterling, 6a, g., 1910...........M AN el 20 122
Consol. 5s, 1928.................JAJ '107*3
94% 95%
Iow a Div., 4s, 1919.. . .. .. .. A A O
Sterling, 58,1927........
JAD el06 108
80
Peo. A East. eons. 4s, 1940.........
80*3
94*8
Denver Div., 4s, 1922.........F A A
Sterling, 4 *sb, 1933...........A AO el09 111
Income 4s, 1990.......................
27*s 28%
8
8
%
4s,
plain
bonds,
1921....
...M
A
S
Equ.Tr. aer. 8,1891 to 1900 -MAN
Clev.Coi.Cin. A In.—ls t7 s ,’99.MAN
116
89*4
Neb. Ext., 4s, 1927 . .. .. .. . .M A N
M on.Riv.—1 at gu.g58.1919.FA4. 102
Consol, mort., 7s, 1 91 4......J A D 132
Plain, 7s, 1896...... ..... ......J A J >105*4 105*3
Cen. '\-Cons.lst,4*ss, 1930. MAS 104
Cons. S. F., 7s, 1914..............JAJ
Bonds, 5s. 1895....................JAD ( 100% 101
Ak.&Ch.Jun. lst.g.,5a,l930.M&N 103*3 107 *s
Gen. eon. 6s, 1934....... ........JAJ Ï2'2*3
107*3
Convert, deb. 5s, 1P03........MAS
Baltim ore A Ohio Southwestern—
Belief. A Ind. M., 7s, 1899.-J A J
Bur. A Mo. R., I’d M., 7 s,’93.a AO 103*4 103%
Cin. A Balt. 7a, 1900.................. 116
116%
Cleve.
A Mali.Val.—G. 5s, 1938JAJ
117
Bnr.AM o.(Neb.),lst,6s,1918.JAJ
N ew 4*38, guar., 1990...........J&J 107
119*3
Cons, 6s, non-ex., 1918___ JAJ 108 108*3 Cle. A P itts.—Con.s.f.,7s.l900MAN
69
le t pref. income 5a............ .
Gen. gu. 4*s8, g., “ A ,” 1942.JAJ 112
87*s 99
4s, (Neb.), 1910.................JAJ
29
2d do
do
.....................
Colorado Mid.—1st, 6s, 1936—JAD 108 109%
Neb. R R, 1st, 7s, 1896...... AAO 108 109
7*s
3d do
do
.....................
8*s
71
Consol. gold,4s................... 1940
Om. A S. W., 1st, 8s, 1896.JAD 111% 112
•Salt.A P o t’c—1st, 6s,g.,1911AAO el 23 128
95 105
Ott. Osw. A F o x R ., 8s, 1900. JAJ 121*3 121% Columbia A Gr.—lB t, 6s, 1916.JAJ
130
lat, tunnel, 6a. g., g ’d, 1911. JAJ el25
78
2d mort., 6s. 1 92 3........... ..A A O
Atoh’n A Neb.—lst,7s,1908 MAS 124% 125
Beech Creek—1st,g’ld, 4s, 1936,JAJ 162
95
Col.A C.Mid.—1st, 4*38,1939..JAJ
Repub. Val., 1st, 6s, 1919...JAJ 104*3 106
Oelvldere Del.—lst,6s,o,1902.JAD 1091*
Colum. Hoek.V. A T . —Con.5s,1931
99% 96%
Ohio. A East 111.—1st mort. 6s, 1907 114*3
Cone. 4e, 1927..................... F A A 100 102
Gen. 6s gold, 1904............... JAD 100 101%
1st, con., 6s, gold, 1934 ___ AAO 121 123*4
Boston A Albany— -sa, 1895___ JAJ $106 106*3
Col. AHook.V.—IstM . ,7s,’ 97. A AO $105 108
101*3
Gen. eon., 1st, 5s, 1937...... MAN
Boston A Low ell— 7a, 1895. ..M AS ‘ 107** 108
Col. A Toledo—lst7 s,1 9 0 5 ..F A A $116 ___ _
6s, 1896.................................JAJ 107 107*3 Ct. A I. Coal R ’y, 1st 5s, 1936.. JAJ 102*3 103
do
2d mort., 1900. MAS $100 •mrnrnmm
Chic. A Gr. Trunk—1st, 6s., 1900— 105 110*3
5s, 1899................................ JAJ 106*3 108
OhloAW.Va.,lst,s.f.,7s,li»j.OMAN $113 117
100
Chic.
Mil.
A
St.
Paul—
100%
4s, 1905-6-7...........................Ya r
85
90
Col.Shaw. A H ’k . - l s t 5s,1940.JAJ
M .ASt.P.lst, 8s, P.D.,1898. F A A 120*8
4*28, 1903............................M AN iom 105
Col. A Western, 1st, 6s, 1911—.JAJ 102 105
P. D., 2d M., 7 3-10s, 1898..F A A 125 130
Boston A Maine—7s, 1893...... JAJ 101*3 101%
Con.AMon.—B.C.A M.— ion. 7s,*93 $102 102%
R.D., 1st, $, gold, 7s, 1902 ..JAJ 129 130
7s, 1894................................. JAJ 103% 104
Consol, mort., 6s, 1893....A A O §101*4 101*3
La. C., 1st M., 78,1893......... JAJ 125
Im provem ent 4s,9 0 5 .____ .F A A 10 L 101*3
Im provement 6s, 1911----- JAJ $113% 114
I. A M ., Is tM ., 7s, 1 8 9 7 ...... JAJ 125 128
Do
4s, 937........F A A 102 103
Conn.
A Passump.—M .,7s,’ 93.AAO $102 102%
126
128
I ’ a. A Dak., 1st M., 7s, 1899. JAJ
Boat. A Providence—7s, 1893.JAJ 101 % 102 %
Connecting (Phila.)—1st, 6s —MAS
Ohio. A Mil., 1st M.,7s, 1903.JAJ
4s, 1918................................ JAJ 103 104
Consol.RR.ofVt.,
1st, 5s, 1913.JAJ $ 96*4 96%
Consol., 7s, 1905..... ........ ...J A J 130*3
Boat. R evere A Lynn—6s,’97—J&J 168 109
1st M., I. A D. E xt., 7s, 1908JAJ 130*3 132% Dayton A Mich.—Con. 5s,1911 .JAJ $107% 108%
Bradford Bord, & K :—1st, 6s, 1932
Dayton A Union—1st, 7s, 1909JAD $120 ___ ^
1st M.,6s, S’thwest D iv.l9 09 JA J 116*4
Bradf.Eld. A Cuba—lst,6s,1932JAJ
D a y t.A West.—IstM .,6s, 1905.JAJ $112% 114
1st M., 5s. L a C. A D av.l91 9JA J 105*2
Brooklyn Ele.—1st, 6s, 1924—A&O 116»*
1st mort., 7s, 1905...............JAJ $122 —
95
So. Minn. 1st 6s, 1910........... JAJ 118
2d mortg, 5s, 1915.......
JAJ
Delaware—Mort., 6s,guar.,’95. JAJ
Hast. A Dak.Ex. 1st,7s, 1910.JAJ 127% 130
Union El.—1st, 6a, 1 93 7....M AN 114*4 115%
do
5s, 1910...........JAJ 105*4 108*3 Del. A Bound B ’k—1st, 7s,1905FAA 129*3 . . . . . .
©runsw. A W .—1st,4s, g ,1938. JAJ
Del.AHud.—Coupon 7s, 1894. A A O 108*4 109
Chic. A Pac. Div. 6s, 1910 ...J A J 119*3
B iff. Brad.A P.—Gen.M.7s,’ 96.JAJ 102
1st, M., Pa.Dlv.,7s, 1 9 1 7 ....M A S 141 142%
do West. Div., 5s,1921.JAJ. 110*8 111
- B ifluN.Y.AErie—1st. 7s. 1916.JAD 133
Del. L. A W —
Chio. A Mo. Riv. 5s, 1926----JAJ 105
© iff.Roch. A Pittsb.—Gen.ôs, 1»37 101 103*3
133 135
Mort. 7s, 1907..................
Mineral P t. Div., 5s, 1910...JAJ 105
Roch. A P ., 1st, 6s, 1921....F A A 120
99
Chio. A L. Sup. D iv., 5s, 1921J&« 105
Consol., le t tss, 1922......... JAD
117*4
83% 84%
Den. &R. G.—1st con. 4s, 1936.JAJ
Wis. A Minn. Div., 5s, 192L...JAJ 107*3 It '8
Buff. « Southwest.—6s, 1908.. J. AJ 10«
116
1st
7s,
gold,
190o.................
MAN
102*4
107*3
108*3
Terminal 5s, g., 1914 ........... JAJ
Burl.C. R. A N .—lst.Ss, 1906.JAD
80
80%
Impr., g., 5s, 1 9 2 8 ..............JAD
Dubuque Div., 1st, 6s, 1920.JAJ $116% 117
95
Cons.lat Acol. tr., 5s,1934..AAO
78
DesM . A F.D.—Guar. 4s,1905.JA.t
Wis. Val. Div., 1st, 6s, 1920.JAJ $109*3 m
Io w a C. A W., 1st, 7s, 1909.MAS 100
52
1st mort., guar., 2*38,1905 JAJ
Fargo A South.—6s, ass.1924. JAJ 116*3 120
C.Rap.L.F.A N.,lst,6s,1920.AAO 100
76
1st
M.,
on
Ext.,guar.
4s,l905JAJ
92
Ino. conv. 8. F. 5s, 1916........JAJ
do
1st, 5s, 1921___ AA O
93
Det. B. C. A Alp.. 1st,6s,1913. JAJ
Dak. A Gt. So. 5s, 1916........JAJ 105
■alifor. Pan.—1st M.,4*ss,1912 J&J 100 105
Tis“
Det.G.Haven&Mil.—Equip.6s,1918
90
,
92
Gen. g. 4s, ser. A., 1989....... JAJ
2 Mor, 6s, g., ’91,ext.at4*3%.J&J 100
118
Con.M., guar. 6s, 1918....... AA O
Chicage A Northw estern3d M. (guar. C. P .), 6s, 1905.JAJ 107
107%
Det. L. & North.—1st, 7s,1907. J AJ
65
Con. 7s, 1915.......................Q—F 139 I140
do
3a, 1905.JAJ
85*3
Gr.Rap.L.A D., 1st,5s,1927.MAS
Consol., gold, 7s, op., 1902..JAD 124*3 126
•Camdsn A A tl.—1st, 7s, g.,’93..JAJ 104
42
Det. Mack. A M.— Ld. gr. 3*38, 8. A.
Cousol. 6s, 1911................... JAJ
Sinking fund, 6s, 1929 ...... AA O 116*3
Dub.&S. City— 1 st, 2 d Div.,’94. JAJ
111
do
os, 1929.............. AAO
Camden A Burl. Co., 6s, 1897.FAA
101
Duluth A IronR .—1st,5s,1937. AA O
do
debent., 5s,1933.MAN 107
'Canada So.—1st 5s, guar.,1908,JAJ 109
Duluth S. 8h. A A tl.—5s,1937,J A J 103 104*3
105
25-yrs. deb. 5s, 1909..........M A N
2 1 mort., 5s, 1913............... MAS 102*3
110
105% Dunk. A. V. A P.—lst,7s,g..l900JAD
30-yrs. deb. 5s, 1921...........AA O
Ca,>e Fear A Yadkin Valley—
E. T. Va. A Ga.—1st, 7s, 1900-JA J 113*3
98
Exten. bds. 4s, 1926........F A A 15
1st t>8, Series A, 1916................
98
Divisional, 5s, 19®0.............. JAJ 1*03
Esean.AL.8up., 1st, 6s, 1901.JAJ 111
1st 6s, ser. B, 1916............ JAD
96
96*3
Consol. 5s, g., 1956...........M A N
125
Des
M
.A
Mian’s,
1st,7s,1907.FAA
lBt 6s, series C.....................JAD
95*s 96*3
Trust receipts.............................
Io w a Mid., 1st M., 8s, 1900. AAO 124
Cape Girard. 8. W.con.6s.l908MAS
90
97
64
1st
Ext.,
gold,
5s,
1937........JAD
Carolina Cent.—1st,6s,g., Ib20. JAJ
Peninsula, 1st, oonv.,7s,’98.MAS
Equip. A imp., g., 5s, 1938-M A S
CUoawissa—Mort., 7s, 1900__ FA A i"l7
Chic. A Mil., 1st M., 7s, ’98.. JAJ 116*3
Cincinnati E xt. —5s., g,1940FAA
WinonaASt.Pet.—2d7s,1907MAN 127
Owlar F. A M in .—1st, 7s, 1907.JAJ
88*s 92
Mobile A Birin., 1st, 5s,1937.JAJ . . . . . . 89%
1st extension, 7 g., 1916.. JAD $133 136
Cant, of Ga.—lst,con s.,7s,’93.JAJ 101
104
K aoxv. A Ohio,1st, 6s, 1925.JAJ 100 102*3
112*3
Mil. A Mad., 1st, 6s, 1905....MAS
Collat’l trust 58, 1 9 3 7 ..___ MAN
86% 92
108
Ala. Cent., 1st, 6s, 1918........JAJ
Chat. R. A Cot.—5s, g „ 1937.MAS
Ott. O. F. A St. P., 5s, 1909-M AS 108%
,
T
r
East.AW.
Ala. —1st, 6s, reo’ ts.1926
North. Ills., 1st, 5s, 1910..—MAS 106*3
Sav.A West., 1st, guar.,1929 MAS
74
74%
Eastern, Mass.—6s, g.,1906. .MAS 122% 123
«Central of N ew Jersey—
Madison E xt., 1st, 7s, 1911.AAO 131*3
Easton A A m boy—M.,5s,1920MAN 110 112
1st cons. 7 s, ’99..........
Q-J 116
Menominee Ext.,lst,7s,1911JAD 130
95
97
Elizab.Lex. A Big S.—6s, 1902.MAS
Northwest.Un., 1st,7s, 1917.MAS 134
Convert, mort. 7s, 1902. ...M A N 121*3 125
122
Elmira A W ’mspt—1st 6s,1910. JAJ 120
119
Convert, debent. 6s, 1908..M A N
Chio. A Tomah.—lst,6s,’05.M AN e ll5
5s, 2862................................AAO 107
Cedar R. A Mo.—1st, 7s, ’94.FAA $104 104*s
Gen. mort., 5s, 1987............. JAJ 113% 114*4
Leb. A Wil.—Con. 7s,g.,1900,ass.G 111
1st mort., 7s, 1916.......... M AN 135*4 135*3 Erie A Pitts.—Con. M., 7a,’ 98.JAJ §lo8 111*3
Equipment, 7s, 1900..........AAO
M ortgage 5s, 1912...........MAN
2d mort., 7s, 1909, guar... JAD 126 128*3
100
100
Eureka Springs—1st,6s, 1933.F A A
4m. D k.A Imp. Co., 5s,1921.JAJ 110*4
8. C.A Pao., 1st, 6s, 1 89 8-JA J 11L
Evans.A
ind.—ls t„g .,6 s ,......1 9 2 4
123
124
•Central Pac.—1st, 6s, g, 1895.JAJ 109
Frem. Elk. A Mo.V.—6s,1933AAO
117
1st, con., guar., 1926........... JAJ
1st, 6s, gold, 1896____
JAJ 109*4
do
do
Unstamped— 121 121*3
Evans. A T .H .,ls t con., 6s, 1921,JAJ 124*3
1st, 6s, gold, 1897................. JAJ 110*4
Chio.Peo. AS t.L.— IstSs,1928.MAS 100*4 101
Mt.Vernon—1st, 6s, g.,1923AAO 112
99 101
1st, 6s, gold, 1898................. JAJ 112
Louisville A St. L., 5s, 192 7. AAO
Sul. Co. Br. 1st, g. 5s, 19 iO.AA O
Chio.R.I.A Pac.—6s,1917,coup J&J 126*4 126%
8 .Joaquin, l8 tM .,6 s,g.l9 0 0 .A A 0 109%
Chicago A Southwestern............ t l l l ^ 111% Evans. A Rich.—1st 5 g,1928.MA3 itfi 102
Lai. A Ur.—SeriesA,5 g., 1918. JAJ 1104
Evansv.T.H.AChi.—1st,
6s, g.l9o0 105
103%
Mort., gold, 5s, 1939......... AAO
Exten. A c o l.5 s , 1934........J A J 103%
2d, 6s, gold, 1900.............. ..J a J ll>3
95% 95%
■C.A O. Div., ext. 5s, g. 1918. J A I 106
30 yr. deb., 5s, 1921........... MAS
104 106
Fitchburg—5s,
1899-1903----Var.
Land g. os, g., 19oO............. a a O 102
Chic. A St. L .—1st 6s, 1915.-M A S
5s, 1908...............................M AN 108*3 109
West. Pacif., 1st, 6s, g., ’9 9 ..JAJ 111
Chio. St. L. A P .—Con.5s.1932.AAO 106 110
>108
109
6s,
1897........
-.....................4
&
0
Central of So. Car. 1st 6s,1921.J AJ
Chic. A Gt. East., 1st, 7s, 93-’95. $101
7s, 1894— ............................AAO 105 106
•Charles.Cin.A C.lstg.5s,1947.Q—J
Col. A Ind. C., 1st M ., 7s, 1904. J A J $U8
>102
103
4*38,1897.............................
MAS
Onarl’te Col. A A .—Cons.,7s,’95. JAJ 104*3 105*4
do
2d M.7s,1904.MAN $112
98*s 93
4s, 1907................................ AAO
Un.A Logansp.,lst,7s,1905.AAO $116
2d mort., 7s, 1910............... AAO 115 118
100
Bost.H.T.
A
West.,
deb.
5s,
1913.
Chi.St.P.AK.C.—P r’ ty 5s,1934. J AJ 1100
Consol., goid, 6s, 1933 ......J A J
102
Flint A P. Marq.—M. 6s, 1920.AAO 120*4
75
•Chartiers—1st, 7s, 1901.•....... AAO
1st, g, 5s, 1936............ ........JAJ e 70
1st, con., gold, 5s. 1939...... MAN 100 100%
75
Minn. A N.W. 1st, 5 s,1934„JA J. e €5
’Ches.AOhlo.—Pur.money fd.,6s’ 9S 112% 114
P ort Huron Div. 5s, 1939......... 102%
120%
Chie.St.P.Min.AOm.—Con.
6s,
1930
Series A, 6s, 1908............... AA O 117 117*4
Oh.St.P.AMinn. lst,6s,1918MAN 121*3 ...... Fla. C. A Pen.— 1st, g., 5s,1918.JAJ lUl*3
Mortgage 6s, 1911..............A A O
116%
Ft. Worth A Denv. C.—1st, 6s, 1921 99*3 101
St. Paul AS. City, 1st 6s,1919. AAO 123 125
C. AO . Ry, 1st5s, 1939...... MAN 104*3 105
70
78
. ..... Ft.W .A Rio G .ls t 5s, g., 1928 JAJ
Chic.A W.Ind.—S.fd. 6s, 1919 M AN
•General 4*ss, g „ 1992......... MAS
82
Gal.Har.&SanAnt.—1st,6s,g. 1910. 100
ÏÏ5
*"
Generalmort., 6s, 1932
Q—M
1st Consol. R. A A.2-4.1989. J&J
78*3 " 7 9 "
95
104
2d mort., 7s, 1905........ .....J A D
98*4 99
do
do
4s, 1989... JAJ
84
84*s Chi. AW . Mich.—Gen.5s, 1921.JAD
96
West. Div. 1st, 5s, 1931----MAN
95
2d do
do
4s, 1989...JAJ
Cin. Georg. A Ports.—6s, 1901 AAO $..—
|
81
73
76
Gal.Hous.A Hen.—1st,5a, 1913 A AO
,$105*3 106
Craig Yal. 1st 5s, g., 1940....JAJ
Cin. Ham. A Day.—Consol. 5sA&.Oj$105*3
109
no
Georgia—6s,
1
9
1
0
......
—
—
—
J&J
123
•Giles. O. A S.W.—M.Os, 1911..F A A 106*3
Consol. S. F., 7s, 1905......... A A O i~
~
102*3 103
Georgia
Paoitto—1st,
6s,
1922.JAJ
115*4
$114*3
2d mort., 6s, 1911................F A A
Consol,
mort.,
6s,
1905.......
AAO
70
71*3
53
56
Oon. 2d mort., 5s, g., 1923—.AAO
•Cheshire—6s, 1896-98 ............ JAJ 107 108
2d mort., gold, 4*38.1937. JAJ
12*3 14*3
Con. income, 5s, g., 1923 . .. AAO
4s, 1910................................JAJ
Cin. H. A 1., 1st M., 7s, 1903.JAJ $117 118
L05
Ga.Carol.ANo.—1st,5s,g.,1929.
J&J
96
93
Chic. A Alton.—IstM .,7 s, ’ 93.JAJ 104*3
C.I.St. L.A C .—1st g. 4s, 1936,Q—F
77
77%
Sterling mort., 6s, g., 1903..JAJ eL18 120
1........ ........ Ga. So. A F ia .- ls t 6s, g, 1927.J&J
Con. 6s. 1920.....................
rnm
rnm
m
Gr. Rap. A Ind.— 1st, l.g., g ’ d, 7s, g. $114*3 m
Sinking fund, 6s, g., 1903...M AN 117%
1st M.,7s, l.g., gold,not guar.AAO |L10
Loois’a A M o.R.,lst,7s,1900FAA 117*3 120
Cin. Laf. A C.—1st, 7s,g.l901
76
90
General 5s, 1 9 2 4 ................ MAS
do
2d, 7s, 1900 M AN 112 115
Cin. Leb. A Nor.—1st, 5s, 1916JAJ f l b o 101
Muskegon Div. 5s, 1926...J A J — e 98 100
Ut.L.J acks’v. A C., 1st,7s,’ 94. AA O 105*3
Cin. Rieh. A Chic.—1st, 7s, ’95. JAJ $106 106*s
104
Ex. 1st., g , 4*3», 1 9 1 1 . . .. ..........
do 1st guar.(564),7s,’94AAO
Cin. Rich. A F. W.—lst,7s,1921JAD $116%
Gr. Bay Win. A St.P.—1st, 6s, 1911 —
do 2dM. (360), 7s, ’ 98-J & J
Oin.ASp.—7s, C.C.C.A I . , 1901. AAO 110
80"
2d, incomes, 1911, all sub. p a ....
do 2d guar. (188) 7s,’98.JAJ
7«, guar., L.S.A M.S., 1902- A A O 110
Gan. A St. Jo.—Con. 6s, 1911-M AS 117*3 118%
Miss. Riv. Bridge, 1st.,s.f.,6 b,1912
Cleart. A Jeff.—1st,6s, 1927...JA J 118
110
Sarrisb’ g P., Ae., 1st., 4s,1913. JAJ 104
Ohio. Burl. A Nor.—5s, 1926..A A O
Clev. Akron A Col.—
Here. A Conn.West.—5s, 1903.JAJ $ 98
2d 6s. 1918........................... JAD
104
Gan. M „ g., 5s, 1927...........MAS I 97%
Housato&ic—Ce«s. 5», 1937 —M AN 107
98
95
Debent. 6s, 1896............... ..J A D
Equip tr. A 2d M., 10-408—.F A A
108
Ho’st.E. A W. T ex.—lst,78,’ 98.MAN
92*3
Equipment 7s, 1 89 3.......... F A A
Oleve.A Canton—1st, 5s. 1917. JAJ
* Price nom inal.
§ Purchaser also pays accrued interest,
e In London,
| Coupon off.
t In Amsterdam.
{ In Frankfort,
1000
THE
C H R O N IC L E
GENERAL QUOTATIONS OP STOOBLS AND
For
R a il r o a d B o n d s .
E x p la n a tio n s
Bid.
Ask
[V
BONDS—
S ee N o te s a t H e a d o f F i r s t P a g e o f
R a il r o a d B o n d s .
3id.
Ask.
o l
.
L IT .
C o n t in ij b d
Q u o t a t io n s .
R a il r o a d B o n d s .
Bid.
Ask.
iL.N.O.&T.—2dm.,inc.,5s,1934M&8
N .Y , Lake Erie & West.—(Cont’d.)
Houston A Texas Cent.
4th M., extended, 5s, 1920.. A&O 112 1 14
Lou. R y.C o.,lst c.. 5s,g.,1930..J&J
W aoo& N. W .,ls t, 7s,g.,1901.J&J 123 127
5th M., extended, 4s, 1928.J&D 101
Louis.St.L.&T.—3
st
6s,g.l917.F&A
1st g. 5s, 1937.................... .J&J 107*8 108
1st cons. M., 7s, g.,1920...... M&S
Louisville Southern 5s.......... J&J
2d g. 6s, 1912...................... A&O
139*4
Macon & Nor.—lst4*ss, 1990.M&S
1st cons, fund coup.,7s,1920 M&S
Debenture 6s, 1897............ A&O
Manhat. El., consol. 4s, 1990.A&O
Reorganizat’n 1st lien, 6s, 1908 _
Gen. g 4s, 1 9 2 1 ...............A&O
65
88
Long Dock mort., 7s, 1893..J&D 103
Bond, scrip, 4s e x t . . . . ___ ..A& O
Debenture 4s, 1 89 7 ............ A&O
119%
Long Dock con. g., 6s, 1935 A&O 121
Metrop’n El.—1st, 6s, 1908.. J&J
Hant.& Br.Top—1st, 4s, 1920. A&O
110
N ew 2d oons.6s, 1969 ......... J&D 105 106
2d 6s. 1899.......................M&N
103*8
Cons. 3d M. 5s, 1895...........A&O
Collateral Tr. 6s, 1922........M&N 112
N .Y .E leva ted —1st, 7s, 1906. J&J
Illinois Cen.—1st,gold,4s,1951. J&J
i*15
91
Funded couDOn 5s, 1969___ J&D
92*3
MaineCent.—Mort. 7s, 1898. ..J&J
Gold, 31*8,1951.................... J&J
112
Gold income bonds, 6s, 1977 ___
Exten. bonds, 6s, g., 1900... A&O
Col. tr., gold. 4 s, 1952........A&O
137*s
Chic. & Erie 1st 4-5s g. 1982.M&N 102 102*4
Cons. 7s, 1912......... ...........A&O
Springfield Dlv., 6s, 1898. .J&J
107
Income 5s, 1982....................
50*3 51
Cons. 4*ss, 1912.................. A&O
Middle Div. reg. 5s, 1921... F&A
106
C oal& R R . 1st, gu.,6s,1922.M & N
107
Leeds & Farm’g t’n, 6s, 1896.J&J
Sterling, S. F., 5s, g., 1903..A&O
105
N.Y. & L. B r’ch— 1 st, 5s, 1931.J&D
106
Porti. & K.,Cons. M., 6s, ’95.A&0
Sterling,gen. M.,6s, g.,1895.A&O
103
N. Y. N. H. & H .ls t r. 4s,1903.J&D 1 06
112
Debenture, 6s, 10-20&, 1905.F& A
Sterling, 5s. 1905...............
J&D
105
N.Y.&North’n —1st g.5s,1927. A&O 105
Maric.& Phoenix—1st 6s,1919.M&N
€hie.St.& N .O .-T.l’n,7s,’97.M&N
85
2d gold 4s, 1927..........................
62*3 63
Mar’ta& N. Ga - lst,6s,g., 1911. J&J
1st con.7s, 1897
35
N.Y.Ont.& W.—ls t.g ., 6s, 1914M&8 1 1 2 %
Consol., 6 g., 1937.............. J&J
2d, 6s, 1907.......................J&D
102*4
Consol. 5s, g., 1939.............. J&D 105*3 106
Marq’ tte Ho.& O.— ->s, 1908. ..M&S
5s, 1951, gold.....................J&D 114%
103*a N. Y. & N. Eng.—1st, 7s, 1905. J&J 1 20
6s, 1923 (extension)............ J&D
Mem. Div., 1st 4s, g., 1951 J&D
120*3
95*a
1st M., 6s, 1905.................... J&J 111 111*3
6s, 1925 (Marq & W est.). A&O
Bad. D. & W.—Gold, 5s,1947... A&O
2d m.,6s, 1902...................... F&A §103*3 104
Memph.& Chari.—1st,7s, 1915. J&J
2dm . inc. 5s, 1948..............J&J
N. Y . Pa. & O.—Prior lien, 6s, 1895 ¿1 04 108
2d mort., 7s, extended, 1915. J&J
Ind. Dec.&Sp.—1st,7s,1906.A&O
117
35
do
1st 7s. 1905............ e 3 4
£ <l'polis&St.L.—1st,7s, 1919.Yar.
1st consol. 7s, 1915...............J&J
2d mort. inc., 5s, 1910............... 6 4
5
nd’apolis&Yin.—1st, 7s,1908.F&A
1st, cons.. Tenn. lien, 7s, 1915 J&J
3d mort. inc., 5s, 1915............... _ 1%
2d mort.. 6s, g., guar., 1900.M&N
Gold, 6s, 1924......................J&J
2*4
Equip. Trust., 5s,1908........M&N e 99 101
ffnt. & Gt.North.—lst.6s,1919.M&N
2d 6s, 1899........................ M&N
69*8
N.Y. PhU. & Nor.—1st, 1923 ..J&J 111
Do
coupon off.................... 106*3 107
Mex. Cent.—Consol. 4s, 1911.. J&J
33%
Income 6s, 1933...................A&O
38
72f¡t 74*3
1st con. inc. 3s, 1939...........July
6e, 1909, Trust rec., stamp’d.M&S
16
N. Y., Prov. & Boston 7s, 1899. J&J
90
91
2d con. inc. 3s, 1939............ July
Iow a Cent.—1st g., 5s, 1938.. J&D
N .Y .S .& W .-lst refnd.,5s,1937.J&J 105*«
£'a Falls & S. C.—1st,7s, 1917.A&O §129*8 130
Old 1st mort. 7s, 1 9 1 1 ....... J&J
84*4
M exicanNat.—1st, 6s, 1927..J&D
ja c k .T .& K e y W .,ls t6 g.,1917.J&J
41
L 89
2d M., Ser. A, inc.,6s,1917... M&S
Jeflerson—lst5 s, g. Erie,l 909. A&O 104*« 105*8
10
1 118
M idl’d of N. J.—1
2d M.. 8er. B, inc.,6s,1917..April!
Jffi. Mad.&Ind.—1st, 7s,1906. A&O
123% Norf.&Soutb.— 1st ¡
J 99*4 101
20 mort., 7s, 1910.................J&J
Mich. Cen.—Consol., 7s, 1902.M&N
......
107*4
Aanaw. & Mich., 1st 4 g., 1990.J&J
Consol. 5s, 1 9 0 2 ................M&N
119
121
120
6s, 1909................................M&S
Kansas C. Belt, 1st, 6s, 1916..J&J
118*3
5s, coup., 1931..................... M&S 113*s
STan. C.Clinton & Spr.—1st,5s,1925
2.02*3
Impr.
&
Exten.,
6s.
1934....
1
1
111
Pleas. H ill & De Soto, 1st, 7s, 1907
M ortgage 4s, 1 940............... J&J
. e l 14 116
Adjustment 7s, 1924........Q.J. L. & 8ag.—1st ext. 5s...... 1901
K.CF.Sc.&Mem.-lst,6s,1928.M&N
Joliet & N.Ind:.,l8t,78 iguar.M C.
K.C.&M.Ry & B r.ls t5 g, 1929.A&O
3 95
Det. & B. 0., 1st 8s, 19c2 ..M & N 125 129
Current River, 1st, 5s, 1927. A&O
100
95
r 95
90*«
Midd. Un. &W at.Gap— 1st,5s,1911
K C.Ft.Scott& G.—1st,7s,1908 J&D
80
85
2d 5s, guar. N. Y . S. & W., 1896.
Kan. C. M. & B . - l s t , 5s, 1927.M&S
........
127
Mil. Lake Sh.&W.—6s, 1921..M&N
Bir., equip., 6 g.,g u „ 1903... M&S
) 100
Conv. deb. 5s, 1907............ F&A 106
K.
C.St.Jos.& C.B.—M.7s,1907 J&J
100
do
Nodaway Yal., let,7s, 1920.J&D
Ext. & Im p. s. f. g. 5s, 1929..F & A 107
105
do
3d M.
Mich. Div., 1st, 6s, 1924...... J&J
Kan. C.Wy.& N. W .-ls t 5s. 1933.J&J
121 128
Ken. Cent. Ry.—Gold 4s, 1987. J&J
Ashland Div., 1st 6s, 1925..M&S
loO
110
do
Incomes, 6s, 1911...............M&N
Kentucky Un 1st M., 5s. 1928. J&J
94
96
St. P. E. & Gr. T r’k, 1st, guar., 6s.
Keokuk&Des M.—lst.5s, 1923. A&O
100
Kings Co. E l.- Sr. A.,5s, 1925.. J&J
MU. & No.—1st, 6s, 1 9 1 0 ....J&D 114*3
110
2<Tmort5s. 1938................. A&O
1st, consol. 6s, 1913.............J&D 114*3
130
Fulton El. 1st M. 5s, 1929..M&S
Minn’p. & S t.L .—1st, 7s,1927.J&D 125
......
Kings. & Pemb.—1st, 6s,1912.J&J
1st M., Iow a City& W., 1909.J&D 122 125
116
72
2d mort., 7s, 1891.................J&J
JLakeE.&West.—lst,g.,5s,1937J&J 111*8
114
2d mort.
2dg., 5s, 1941.......................J&J 101 % lt.2
Southwest. Ext., 1st, 7s, 19 lO .J &D 112 120
105 107
82
la k e Shore & Mich. So.—
Pacific Ext,, 1st, 6s, 1921.. A&O
110
81*4 82
Imp. & Equip. 6s, 1922......... J&J
|g7l. P. & Ash., new 7s, 1892..A&O 102
97*3
90
ICO
Minn’p. & Pac., 1st, 5s-1936.. J&J
jt^ 8uff.&E.,newbds,M.,7s,’98.A&0 1 16 118
» 107*4 iÖ7*i
Northern Cent.| Det.Mon.& Tol.,1st,7s,1906.F&A 123 130
Minn. 8. Ste. M. & A tl.—1st,4s,1926
112*3
113%
95
97
.i Dividend bonds, 7s, 1899...A&O 118
Consol. 4s, 1 9 3 8 ..........___J&J
115
79*8 80
Lake Shore, cons., cp., 1st, 7s. J&J 120%
Mo.Kan.&T.—1st, g., 4s,1990. J&D
111
46
43
do cone., cp.,2d,7s,lS03..J&D 122*í 123*8
2d, g. 4s, 1990 .................... F & A
109
76
do
series B.
Mahon. CoalRR.lst,5s,1934.J&J 108
Kans. C. & Pac. 1st 4s. g . F & A
116
86
87*a
Cons. M.
K al.A.& G r.R .—1st 5s, 1936.J&J 110
Dal. &Waco lst,gu.,5s,l940.M&N
110
112
107
107*3
Lehigh Val.—1st, 6s, 1898....J&D 112 113
Mo. Pac.—Consol. 6s, 1920...M&N
e!05
Union RR.Con. M.,sterling, 6 g., 1897.. .J&D
3d mortgage, 7s, 1906........M&N 112*3
118«8
90
2d m ort., 7s, 1910............... M&S i ï é ’
Trust gold, 5s, 1 9 1 7 .......... M&S
........ 114
82*3
Con. M., 6s, g., 1923 re g ...... J&D 128*4 128*8
Col. trust, 5s, 1920.............. F & A
105*3 107
L eh .V .R y,lst 4*28, g., 1940,rec.gu. 104*8 105 *i
Lexington Div., 5, 1920......F & A
74% 75
98*s 100
Pac.of Mo., 1stex. g. 4s, 1938. F&A
X eh .V . Ter.—1st,g.gu.5s.l94l. A&O 110 111
103
107
109*3
95
Idtchf. Car.&West, ls tg . 6s,’ 16J&J
98
2d 7s, 1891........................ J&J
101%
L . Miami—Renewal 5s,1912. .M&N 112 113*4
V er’sVy.Ind.&W.l8t5s,1926M&S { 99
103
94
L . Rock & Ft.S.—1st, 7s, 1905..J&J
95
L eroy & C. Val., 1st,5s, 1926. J&J
100
L ittle R.& Mem.-^lst,5s,1937.M&8
70*3 72
Car. Br., 1 st, 6s, g. 1893....A&O
93 ........
Lon g Island—1st M., 7s, 1898.M&N 114 116
S t.L.I’ nMt.&So.—ls t,7 s ,’92.F&A 103*4 103*s
lstoonsol. 5s, 1931..............Q—J 114*3
2d mort., 7s, g., 1897.......... M&N 107*4
101 102
Gen.M . 4s, 1938...................J&D
96% *9 7
Ark. Br. 1. gr., M., 7s, g., ’ 95.J&D 104
93
97*3
®r.Y.&R'yB’eh,lstg.5s,1927.M&8 100*8 102*8
Cairo Ark. & T.,1st,7s,g.,’97. J&D 104% 105
95*3 96
84% 85*s
16
2d mort. inc., 1927.............. ..S
26
Gen. con. r’y & 1. g., 5s,1931A&0
*T.Y.& Man. Beach, ls t7 s,’97,J&J
M o b ile * O.—1st, g ’d, 6s, 1927.J&D 116 117
do Gen. ls t g . , 6s, 1938...A&O
NT. Y . B. & M. B .,let con. 5s, 1935 i ö f
1st Extension 6s, 1927........Q—J
97
Cent.Wash’n, 1st g.6s.l938. M&S
65
Brook. & Mon., 1st 6s, 1911.M&Si 116
Gen mort., 4s, 1938____ .. M&S
79
79*s
Cü. &No. Pac. con. 5 g.l9 4 0 .A & 0
1st 5s, 1911...... .............. M&S 106*4
8t.L.& Cairo—4s, guar., 1931.J&J
108
North.
P.
Ter.
Co.—1st,
6s,
’33.J&J
2d, 5s, 1938.......................J&D 106
Mont. & Euf aula, 1st 6s, 1909.. J&J
107
N. W. Gr. Trunk 1st, 6s, 1910
Smith.& P t. Jeff.,lst.7s,3 901M&8 110
M org’n’sLa.&Tex,,lst,6s,1920J&J 111
90
N. W. Nor. Car. 1st 6s, 1938..A&O
L. I. City& Flu. 1st 6s,1911.M&N
1st mort., 7s, 1918..............A&O 124*s
108*s 110
£« m’v.Ev.& St.L—1st,6s, 1926. A&O
M o r ris * Essex—1st, 7s, 1914 M&N 140% Í 41 *s N orw ’h &Wor.—1st M., 6s.’97.
107%
§107*s
Ogd.&
L.Cham.-Cons.6s,1920.
A&O
120
E. R. & E. Div., 1st, 6s,1921.J&J
Conv. bonds, 7s, 1900...........J&J
20
21
Income, 6s, 1920......... ..
2d mort., 2-6s, g., 1936...............
General mort., 7s, 1 9 0 l...... A&O 121*3
H. T. C.& C. 1st 6s,g., 1927.A&0
Consol.m ort.,7s, 1 9 1 5 ...i ..J&D 137 139
116
Ind. Bl. & W.—1st, pf.,7s, 1900..
Consol. 5s, 1939....................J&J
N a s h u a * L o w ell—6s, g . , ’93.F&A §101*3 102
O. & Miss.—Cons., s.f., 7s,1898. J&J 115EiOuisv^feNashv.—Cons.lst,7s,189S
5s, 1900................................F&A §104 106
Cons.mort., 7s, 1 89 8-.'.....J&J 115
Oecilian Br., 7s, 1907.......... M&S 107 111*3 Nash.Chat.&S.L.—1st,7s,1913. J&J 131 132*4
120
2d consol, mort., 7s, 1911...A&O
112
N. O. & Mobile. 1st 6s, 1930. J&J 122
2d mort., 6s, 1 9 0 1 ............. J&J
115
lst,Springf. Div., 7s, 1905..M&N 113
do
2d, 6s, 1930....J&J 112 113*3
Consolidated gold 5s, 1928.-A&O 105 106
__Tr#
97
1st gen., 5s, 1 9 3 2 ......_____ J&D
E. H. & N., 1st 6s, 1919...... J&D 112*3 113*4 New Haven & Derby—Con.5s,1918 106 110
Ohio R iver R R .—1st, 5s, 1936. J&D 100 102*s
© en ’l mort., 6s, 1 9 3 0 ....___ J&D 116*«
New Haven & N ., 1st 7s,1899..J&J 116
102*2
Gen. gold, 5s, 1937.............. A&O
LOU’ y.C.&Lex.—1st,7s,’97 ..J&J 107*s 108*3
Consol. 6s, 1909...................A&O 120% 121*3
Ohio Southern—1st 6s, 1921.. .J&D 109
2d mort., 7s, 1907.............A&O §122 123
N. J. Junction, 1st, 4s, 1986..F & A 101%
63
64
Gen. M. 4s, 1921..................M&N
6Xem.& 0.,stl., M.,7s, g.,1901 J&D e l 17 119
N. J. & N .Y .—1st, 6s, 1910...M&N
Ohio Valley —Gen. M.,5 g.,1938. J &J
107
M. &Clarksv.,et’g,6s,g.,1902 F& A e l l l
113
N. J.Sou.—1st, 6s,1899 int.gu.J&J
109*3
109
%
Old Colony—6s, 1 8 9 7 ........... F&A
N. O. & Northeast.—P rior 1.6S.1915
Pensacola D iv.,1st,6s,1920..M&S 108
6s, 1895................................ J&D 105*3 106
N .Y .& Can.—£ M.,6s, g., 1904.M&N e l 13 115
©t. Louis Div.. 1st, 6s, 1921. .M&S 119
,105
105*3
7s, 1 8 9 4 ...............................M&S
63
N.Y.C.& Hud.R iv.—E x t’d5s. M&N 101% 101 %
-o
2d., 3s„1980.M&S
4*38, 1904............................. A&O 1U6 166*4
«ash . &s Dec., 1st 7s, 1900... J&J 115 118
128*3
1st ooup. 7s, 1903.......
J&J
J&D ,103 103*3
4*ss, 1897.............
toO.&No. Ala., S. F. 6s,1903M&N el0 9
Debenture 5s, 1884 1904...M&S 108*3
111
4s, 1938.................................J&J 101*3 102*3
108*3
Ten-forty 6s. 1924.......... ...M & N
do
5s, 1889-1904...M&S
B. C. F. & N. B., 5s, 1910 ..J&J ,113*a 115
^0-year gold, 5s, 1937..___ M&N 102% 106
do
4s, 1890-1905 .. .J&D 100*4
N. Bedford R R., 7s, 1894 ..J&J ,104*3 105
e
l2
0
122
Unified 4s, g., 1940.............. J&J
Soeilingmort., 6s, g., 1903...J&J
81%
63
Omaha & St. L .—1st, 4s, 1937.. J&J
99*4
N. f.Cliic.& St.L.—1st,4s,1937. A&O
IOS
rensa. & A tl.—lst,6s,gu,’ 21.F&A
32
Orange Belt—1st M., 5s, 1907. .J&J
38
CoL tr., gold, 5s, 1931...... M&N 102*8 ........ N. x. & Greenw’d L.—1st M. inc. 6s
98*3
Oreg. & Cal.—1st 5s, 1927......J & J
7
S .& N . Al. s. f. 6s, 1910....A & O
2 i m ortgage income, 6s...... .......
Oreg. R ’y & N a v.—1st 68,1909.J&J 110 112
Consol. 5s, 1936......... ....F & A
N. f &Harlem—7s,coup.,1900.M&N 123
93
92*3
Consol, mort. 5s, 1 9 2 5 .......J&D
N. i L a c k .* W.—1st, 6s, 1921.J&J 130
Nash.F.&S.lstgdi g.5s,1937.F&A
97
70
71
Collateral trust ts, 1919....M & S
110
U SV.N.A.& Chic.—1st,6s, 1910.J&J 112
2 i d, 5s, guar., 1 9 2 3 .......... F&A
Osw.&Rome—rlstM ., 7s, 1915.M&N 130
Con. mort, 6s, 1 91 6 ............. A&O 1025s 103*4 N Y . Lake Erie & Western—
lu4
2d. g. 5s. guar., 1915.......... F& A
General m. g. 5s, 1940........ M&N
72% 73
1st M., ext. 7s, 1897.......... M&N 114*4 115
100
O x.& dark.—1st, p.& I. gn. bs.M&N
O. & 1. Div., 6s gold, 1911...F & A 108 111
2d mort, extended,5s, 1919.M&S 116*4
100
3L Ip v N 0 . * rlV x.~ i st.4s.l OS4
1st interest guar.. 6s 1937..M&N
3d M. extended, 4*38, 1923..M&S 107*4
Price nominal. § Purchaser also pays acorued icterest.
e In London.
|j Coupon off. t In Amsterdam. t I n Frankfort, Germany.
JnrNES 18, I8fe2.]
THE
G ENERAL
C H R O N IC L E .
QUOTATION'S OF
S rO O K S
AN D
100]
B O N D S — C o n t in u e d .
R a il r o a d B o n d s .
Bid. Ask.
R a il r o a d B onds
Bid. Ask.
Ra il r o a d a n d m is c e l . B o n d s.
Bid. Ask
Panama—Sterl’ gM ., 7b. g. ’97.A&0 el05
108
*t P. & Duluth—1st, 5s. 1931.F&A
Wabash—Continued.
Subsidy bonds, 6s, 191u___ M AN e 99 102
2d mort., 5s. 1917............... A&O 105 106
Deb. mort., series B. 1939...J& J
36
Penn.RR.—Gen.M, 6s, e, 1910. J&J
1.93g St P.Minn.&Man.—1st 78,1909 J&J 1 1 1
39
Dtt. & Chic. E xt.,lst,g..l941. J&J
Cons. M., 6s, cp., ’05.J. 15 & D. 15
124
2d 6 s, 1909..........................A&O 118% 119
Sn.L-K.C. & N. (r.est.&R.),7s.M&8 108
Collateral trust, 4%s, 1913..J&D
Dak. Ext.. 6 s. 1910............ M&N 118
do St. Cha’s Bridge 6s, 1908 107
Consol. 5s, op., 1919.............M&S ' l l 3%
1-t consol. 6 s, 1933............ J&J 1 2 2 % 124
do No. Mo., 1st, 1895...J&J 109 HO
Equip. Tr. 4s, series A .........Q—F
99
1 st consol., reduced to 4 %s .. j & j 1 0 2 % 1 0 2 % West Chester—Con. 7s, 1891..A&O
Penn. Co., 6s, coup., 1907..Q.—J 105% 1 0 %
Montana Ext., 1st. 4 a. 1937.J&D
8 3 % ........ W. Jersey & At. 1st M.,6sl910M&8
Penn. Co. 1st M.,4%s, 1921,r. J&J 108 103%
Pac. Ext., 1st 4s, £, 1940___J&J
. . . . . . West Jersey—1st, 6s, 1896...... J&J 106
Penn.& N .Y .C a n .-ls t. 7s, ’ 96. J&D 108%
Minn’s U’n, 1st, 6 s, 1922___ J&J i 16**
1st M.,7s, 1899..................... A <W>
1st mort., 7s, 1906................J&D 124
120
Montana Cent.— 1st. 6 s, 1937J&J 116% 118
West Shore—Guar. 4s, 2361...J&k 10 5 1*
& RR. consol. 4s, 1939......... A&O
10<T
1st, guar., g , 5s, 1937...... J&J 104% 104% WestVa.C.&Pitts.—1st,6s, 1911J &J 1081* 105%
Penn. & N. W.—5s, 1930......... J&J 107% ......
East’n, Minn., 1at,g.,5s,1908. A&O
West. Va.& °ltts.—lst5s,1990. A&O 1021*
Pa. P. & Host.—1st, 6s, 1939.. J&J
...... S t.P.&No. Pan. -G e n . 6 3 .1923. F&A 1 2 1
124
W est.Maryl’d—3d en.,6s, 1900. J&J 114%
Peo. Deo. & E v.—1st, 6s, 1920. J&J 106
4an Ant.& A. Pass.,1st,6s,1916. J&J
69
73
West. N.Y.&Penn—lst.Ss, 1937J&J 103%
69% 70%
2d mortgage, 5s, 1926......... M&N
1st, 6 s, 1926..........................J&J
69
73
2d m., 3s g.—5s so. 1927....A & O
33
33%
Evansville D iv .,lst 6S.1920.M&8 102 105
8 anF.& N.P.—lst.5s,g., 1919.. .J&J
Warren & Frank., 1st,7s,’96 F & A 107%
Peo,& Pekin U r . -lst,6s,1921.Q—F 110
SanduskyMansf.&N.— 1 st, 7s,1909 117 1 2 0
W’n
No.Car-Con.6s,guar.l914.
J&J
2d mort.. 4^8, 1921...........M&N
67% 68
Sav.Am. & Mon.con.,6 ,g., 1919.J&J 78 >4 78% West’nPenn.—1st M., 6s, ’ 93.. A&O ib’ô* 91
Perkiomen—1st ser. 5s, 1918 Q - J 106 ....... 4*v. FI. & W.—1st, 6 s, 1934..A&O
Pitts. Br., 1st M., 6s, ’96...... J&J 106
2d series 5s, 1918.............. Q.—J
.....
At. & Gulf, con. 7s, 18 9 7 ___ J&J 1 1 0 %
Gold 4s, 1928........................ J&D
Petersburg -Class A , 5s, 1926.J&J 106
8 0 . Ga. & Fla.—1st, 7s, 1899.M&N 109
Wheeling
& L. Erie—1st, 5s,... 1926 109
Class B, 6s, 1 9 2 6 ...............A&O 108
2d, 7s, 1899......................M&N 105
W heel.Div., 1st, 5s, 1 9 2 8 ....J& J
Phila.& E.-Gen.guar.,6s,g.,’ 20.J&J 129%
82
8 ciot.Y,&N. E.-1st,g.,4s,1989. M&N
83%
Extens.
and Imp. 5s, 1930..F & A
General 5s, 1920................. A&O 114
94
Seaboard & Roan.—6 s, 1916..F& A
106
Col. & Aug., 6s, 1910 ..J&D 117
General 4s, 1920..................A&O
102
5s, coup., 1926...................... j & j 105% 106% Wilm.
Wilm.
&
Weldon—7s,
g., 1896.. J&J 112
Sunb. & E rie—1st, 7s, 1897.. A&O 114%
93% 95
Seat.L.8 .& E.—lst,gold,6s,’31.F&A
5s, 1935................................j &j 111
Phil. &Reading—1st, 6s, 1910.J&J 128
Sham. 8 un.& Lew.—1st, 5s,'12 M&N 1 0 2 %
Winona&S. W.—1st, 6 3,g.,1928. A&O
2d, 7s,1893...........................A&O 104
#7
3ham.V.& Potts.—7s, cou. 1901J&J
92
Wiscon. Cent.Co.—lst,5sl937.J&J
Consol.M.,7s,1911, reg.& op. J&D
132
So. Cen. (N .Y.)—Consol, mort., 5s..
25
35
Incomes, non-cum., 5s, 1937....
33% 36
Consol, mort., 6s, 1911........J&D i"l7 120
107%
So. Carolina—1st M.,6s,1920..A&O
107% Wore. Nash. & R.—5s, ’93-’95. Var. §100% 102
Improvement mort.,6s, '97.A&O 106%
2d mort., 6 s, 1931................. j & j
Nash. & Roch.. guar..5s.’ 94.A&0 6101 102
Cons. 5s, 1st series,1922... .M&N
104%
Income 6 s. 1931..........................
15
M IS C E L L A N E O U S B O N D S .
Deferred income 6s____________
22
Certs, of deposit..............III."*
Amer. Bell Teleph’e -7s, 1898 .F& A
N ew gen. mort., 4s, 1958___ J&J
89 % 9)1« So. Pac.,Ariz.—1st,6s,1909-10. J&J 106 »4
Am. Cot. Oil—M. g. 8s, 1990..Q - F 112% 113
1st pref. ino., 5s, gold, 1958___F
771* 777e So Pao.Cal.—1st,6s,g.,1905-12 A&O 113%
Am.WaterW’sCo.—1st 6s,1907.J&J
2d pref. inc., 5s, gold, 1958.. .. F
6 9 14
6978 1st con. g, 5s, 1938.............. A&O
99 1 0 0
1st con. gold 5s, 1907.......... J&J
3d pref. ino., 5s, gold, 1958___ F
62% So. Pac. Branch—6 s, 1937___A&O 107
Amer. Steamship—6s, 1896...A&O
3d pref., inc., 5s, con vertible...F *631* 651* So. Pac. Coast—1st gu., g., 4s, 1937
105%
Booneville
Rridge 7s, 1906...M&N
Term. 5s,gold, guar., 1941.Q—F
So. Pac., N. M.—1st, 6 s, 1911 .J&J 107
Boston & Montana—7s, 1898.. J&J §103 103%
Phila. Wil. & Balt.—6s, J.892..A&0 ib’ó" Í0Ó% Spok.Falls &N.—1st 6 s,g., 1939. J&J _
90% 90%
Bost. Un. Gas—5s,1939,ir.rec.J&J
6s, 1900............................... A&O 1081* 1091* State L. & Sul.—1st 6 s, 1899... J&J slOO 1 0 0
Cahaba C’l Min.—1st g. 7s,1907. J&J 108 112
5s. 1910................................ j& D IO41* 106
Stat. Isl. R. Tr.—lst6s,g.,1913. A&O 113 117
Ches.
&
Del.Can.—1st
5s,1916.
J&J
61
Trust certs. 4s, 1922...........M&N 1011* 102
2d mort. guar. 5s, g., 1926...J&J 1 0 2 % 104% Chic. Gas L. & C.—g. 5s, 1937..J&J
93% 95
971* 100
Pied. & Cumb.—1st, os, 1911. F& A
8 anb.Haz.&W-B.—lst,5s,1928M&N 104%
Chic. June. col. g. 5s, 1915___J& J
97% 97%
1041*
2d mort., 6 s, 1938, reg...... M&N
93%
Coal & I —6s, 1900.. .F& A 100 102
...... 1 Sunb. & Le w is to w n ,) s. 1896..J&J 1 1 1
^ im
_ Colorado
96
Col.&Hock.C’l& l’n—g.6s, 1917. J&J
) ......
Pittsb.v
Susp. B. & E rie June. -1st 7s, 1900 1 1 2
115
Comst’k Tun.—1st in. 4s,1919.M&N
18
2Ó
J 116 117
131
134
Syr.Bing.&N.Y.—consoles,’06A&0
Consol.
Gas,
Balt.—6s,
1910.
.J&J
115%
116
J el29 131
Syracuse S c. R ’y.—1st,5s. 19 20. J&J § ......
Consol. 5s, 1939 .................. J&J 103 103%
Pittsb.Ff.W . & C.141
Ter.RR.A.St.L 1st,g.4%,1939, A&O
Consolid. Coal—Conv. 6s,1897.J&J 105
r 138 139% Terre H. & Ind.—1st, 7s, 1893 A&O i*03*
Denv.City Water Co. 5s,g.’ lo.M & N
) 13z
Consol, mort., 5s, 1925......... J&J 105
Denver Con. G ai 1 st 6s, g ... 1 9 1 1 § 97**
r 116
Terre H. & Lo g’pt.—lst,gu „ 6 s,J&J 105
Edison Elec, III. Co.—lsts. 5s.. 1910 102%
) 108% ........
1st and 2d, 6 s, 1913.............. J&J
Eq.G’e&F..Chio—lstg.6s,1905. J&J 101% 102
§131 133% Tex. Cent.—lst,sk.fd.,7s,1909M&N 101
Gr’d R.C1.& C.—1st g.6s,1919 A&O
Pitts.Pain.& F.102%
1st mort., 7s, 1911..............M&N
Henderson Bridge—6s, 1931..M&8 107
........
äPitts.Shen.&L.]
Texas & N ew Orleans—1st,7s.F&A
Hoboken
L. & Imp. 5s, 1910..M&N
Pittsb. & West.85% 86
Sabine D iv., 1st, 6 s, 1912...M&S 104
IaUianapolis Gas 1st 6s,1920.M&N 101 102
Pitts. Y . & Ash.104
Tex. & P. —East. D.lst6s,1905.M&S
Iron
Steamboat
Co.—6s. 1901. J&J
75
lio
80
1st gold, 5 s, 2000.................J&D
811* 83
Laclede Gas, St. L.—5s, 1919.. Q—F
83% 84
5111% 113
2d gold inc., 5s, 2000...........Mch
281
*
29
Lehigh
C.&Nav.—M.4%s,
1914.3—J
112
112%
104
Third Avenue 1st 5s, 1937____J&J
115
RR. 6s, 1 897...................... 3 —F 111
100
Tol. A. A .& Cad.—1st,6s,1917. M&S 93% 94
Convert. 6s, 1894................. M&S 103
§108% 108% Pol. A. A .& G r.T .—1st,6s,1921.J&J 112
Mort. 6s, 1897......... ....... 15 J&D
........ 77% Tol. A. A.&M .P.—1st,6s,1916.M&S
Consol,
mort. 7s, 1911........J.&D Ï3 Ô " ........
2 d ino. 6s, 191 6.....
1 ........
Tol. A. Ar. &N. M.—1st,6s,1924.M&N
98%
Gen. mort. 4%s, 1924 . . . ...Q —F 102
P ro v.& Worces.—1st <
► 108% 110
1st consol. 5s, g. 1940.,........ J&J
Man.BohH.Lgen.4sg.1940
.M&N
51
R aleigh & Gaston—8s,
r* 1 1 2
Tol. & Ohio Cent.—1st, 5s, gu.1935 107%
Min’p ’s St. R ’y 1st con.5s, 1919. J&J
143%
........
Tol. & O. C. E x t.—1st, 5s, g., 1938.
Mut.Un.Tel.—Skg.fd.6s,1911.M&N lo é
110 111
Do do g u a r .... . . . . . . . . . . . . . . .
96
Nat.St’rchMC.Co.-lst,g.08,’2O.M&N 101%
91
Marietta Min., 1st, 6 s, g., 1915
100
91
New Eng. Telephone, 6s,1899. A&O §103% 104
80*4 81
Tol.Peoria&W.—1st,4s,1917....J&J
81% 83
N ew Orleans Pac.—Land grants...
21
........
24
Tol. 8t.L.&K.C.,lst,6s,1916...J&D
9 4 1 * 95
N .Y.& O n t.L’d—ls tg . 68,1910 F & A
Troy & Boston 1st 7s, 1924...J&J §.....
N.Y. & Perry C. & I. 1st g.6s, 1920.
Ri0h.Fr. &P.......
Ulster & Del. con., 5,1928___J&D 1001* IÖ 3 " North w’n Telegraph—7s,1904. J&J 105
115
United Co’ sN.J—Gen.6s,1901.M&S §L18
Ocean SS. Co.—5s, 1920...............
103
do
gen. 4s, 1923......F& A 102
Oregon Imp. Co —1st 6s, 1910. J&D
99%
do
gen. 4s, 1929......M&s!§107
103
Consol. 5s, 1939...................A&O
61
65
85% 85%
sterling do
6 s, 1894......M&S el05
107
Penn. Canal—6s, 1 9 1 0 .......... J&J
67
Trust receipts.
85%
do
6 s, 1901......M&S e l 19
121
Penn.
Steel—1st
5s,
1917.....M
&
N
102
% 103%
54
54% Union Pacific—1st, 6 s, g, 1896. J&J
People’s G.&C.Ch -1st,6, g.’04.M&N
Trust receipts..................
53% 54%
1st, 6 s, 1897.......................... j &jJ 110%
2d
do
1 9 0 4 ..^ ....... J&D 101
825a 83
R io Grande West., 1st 4s, 1939 .J&J
1st, 6 s, 1898........
j &jr 1 1 2 % ... .. . Peoria Water Co. 6s, g., 1919.M&N 100
90% 91%
R io Gride Junc.lstgu.5s,1939. J&D
1st, 6 s, 1899......
j &jr 1 1 4
Pleas.
Val.
C
oallst6
sg.l9 4 0.M & N
98 102%
86%
R io Gr. South.—1st, 5s, 1940.J&J
Sink. F., 8 s, 1893..................M&S3 107
Po’k’psie Bridge—1st 6s,1936. F& A
64
Rome & Carrollt.—1st, os, g., 1916
100
O n . Bridge, sterl. 8 s,g., '96.A&O) e ll3
116
Proctor
&
Gamble
1st
6s,
1904___
106
108
Rome W.&O.—Con.,ex.5e,'22.A&O i 12% 113%
CoUateral trust, 6 s, 1908___ J&Ji 100
St.L B'dge&Tun.—Ist7s,1928. A&O
Rutlanu—1st M., 6s, 1902___ M&N 111% 111%
Collateral trust, 5s, 1907___ J&D)
82
84
Security Cor. lo t g. 6s, 1911 .M&N
96% 98%
Equipment, 2d 5s, 1898.......F&A §101% 101%
Collateral trust 4%s,1918. .M&N ............ 71
96% 97
"%nn.C.I.&R.—T .d v.lst6 s,’ 17A&0
94% 91%
o t. Jo. & Gr. Isl’d—1st,guar.6s,1925.
Gold tis col. t’st notes, 1894.F&A
94%
95%
Bir. div. 1st con. 6s, 1917... J&.J 98% 99
2d mort., incomes, 5s, 1925........ ........ 39%
Equipment Trust 5s.............A&O» t 96%
W’n
Un.—Deb.
7s,
1875-1900.M&N
114
Kan. C. & Om. 1st 5s, 1927..J&J
80
Kans. Pac., 1st, 6 s, 1895___ F&A , 107
I Deben. 7s, 1884-1900........ M&N
St. L. Alt. & T.H . 1st M., 7s, ’ 94.Var 107%
do 1st M., 6 s, 1896...... J&D 106%
Collat. trust cur. 5 3, 1938... .J&J 105%
2d mort., pref., 7s, 1894........Var 106
do Den. E xt., 6s,1899.M&N’ 110
!Wh L E.& P.Coal ls tg . 5s, 1919. J&J
84%
2d income, 7s, 1894.............M&N 102%
do 1st cons. M.,6s,1919 M&N 109% 110
Woodst’ck
Iron—lstg.6s, 1910. J&J
Div. bonds, 1 8 9 4 ....................
62%
... S T O C K S —R A I L R O A D . Par. " 60%
Oen.Br.U.P—A.&P. P.6s,’ 9o M&N 102
£ ellev.& S .H l.,lstJS.F.8s,’96.A&<) 111 114
. I Ala. Gt. South.— A., 6s, p ref.,.£10 ! 8 %
Fund, coupon 7s, 1895 ...M & N 100
9%
Bellev.*& Car., 1st 6s, 1923. .J&D ........ 110
Atch.Col. &P.,lst,6s,1905Q.—F
83
84 1 B, common......................... £ io
:
2%
3%
Ch 8c L .& P a d .,lst, g., 5s, 1917..
At.J.Co.& W.,lst,6s,1905.Q,—F
82%
Ala. N. O. & Pac., &o., A, pref. £10 ! 1
1%
8t. L South., 1st, 4s, 1931..M&8 80
U.P. Lin. & C., lst.g.,5s’ 18A&0
72
do
do
B, d e f..£ lo
%
%
do 2d, income 5s, 1931 ..M&S
70 ........
Oregon Short-L. & U. N. Consol..
72
76
Alabama & Vicksburg,
Carb. & Shaw., 1st g.4s,1932.M&S
Collat. Trust 5s, 1919...... M&S
70
Albany & Snsqueh., Guar., 7. ..100 158 165
Gt. L. So. W. 1st,g..4s, 1989...M&N
67
68
Oregon Short-L., 6 s. 1922 .. F & A 102%
Atchison Topeka & Santa F e .. 100 34% 31%
2d, g., inc. 4s, 1989...............J&J
29% 29 381 Utah So., gen., 7s, 1909....... J&J 102% 102%
- -T *
Atlanta & Charlotte A ir Line ..100 90
92
wt.L.& S.F.—2d 6s, Cl. A ,1906. M&N
113
do
E
x
t,1st,7s,1909
J&J
101
106
Atlanta
& West P oin t............... 100 101% 103
2d M., 6s, class B, 1906.....M &N 11188 112
Utah & Nor.— 1st M. 7s,1908.J&J 100
Atlantic & Pacific..................... 100
4
2d M., 6s, class C, 1906___ M&N 111
4%
Gold 5s, 1926...........
J&J t 82
...
Augusta & Savannah,leased... 100 106 109
1st m. Mo. & W. 6s, 1919 ...F & A el04 114
I
con.,5.g.,1939. J&D
71
71% Baltimore & Ohio......................100 97
97%
Equipment 7s. 1895......... ...J& D 100 ........ U.P.Den.&Gulf
tU. & Bl. R.—Con. 4s, g, 1922..J&J 102%
Benef. Int. Certs...... ,....,..1 0 0
95
General mort.. 6s, 1931........J&J 10978 ........ X
95%
Utica Clin.&Bing.lst 5,1939... J&J §110
do
1st p ref.,6........
100 135
General mort., 5s, 1931........J&J
96
96% Valley
S
of Ohio—Con. 6 s, 1921.M&S
do
2d, p ref................
100 120
1st trust, g., 5s, 1987.......... A&O
Ver. & Mass.—Guar. 5s, 1903.M&N 106 107“ Balt, & O. S. W.—pref .......... 10
10JJ
-Con. gu. 4s, g., 1990............A&O . . . . . .
4 7s
0%
Vicksb. Sh, & Pac. —P rior lien, 6 s . .
Beech Creek, guar...... ............ 50
Kan. V. &Sw., 1st,6s,g.,1916..J&J
Va. M idl’d.—lstser., 6 s, 1906. M&S . . . . . 116
Belleville
&
So.
111.,
p
ref..........
100
.100
lil
150
FC.S.& V.B.Bd.,lst,6s, 1910.A&O
90
2d series, 6 s, 1911...... , ....... M&S 112 113
Boston & Albany...................... 100 x205 206
St.L.K.&So.W. -1 st 6s, 1916M&S
3d series, 6 s, 1916............... M&S
108
Boston & Lo w e ll.............
100 178 179
Kansas Mid.—1st, 4s, 1937. J&D
4th series, 3-4-5s, 1921........M&S
80
Boston & Maine........................ 100 180% 181
St. Louis Salem & Arkansas—5s
5th series, 5s, 1926.............. M&S
99%
do
do
P
ref
.100
143% 149
St. L. W. & W., 6s, 1919...... M&S tl08%
General 5s, 1936....'...........M&N
80% 83
Boston & N. Y. Air-Line, p ref.. 100
¡8t. L. V. & T. H.—1st M., 7s, '97.J&J 112%
do
guaranteed, stamped....
81
Boston & Providence................100
100
2d mort., 7s, 1898............... M&N 104
..... V
Wabash—1st gold 5s, 1939. .M&N 105% 1.05% Boston Revere Beach & Lyn n .. 100 252% 254
140
2d, 7s, guar., 1898........... ..M &N 105%
2d gold 5s, 1939..................F&A
83% 83%l Brooklyn E levated
100 31
33
*%ice nominal. $ Pu chaser also pays accrued interest, e l a London. ||Coup m o il. « Price per share, t In Amsterdam. J In Frankfort.
r ....
Ur
Too
THE
1002
GHNBRALi QO0TA.TIO5ÎS OP STOOLS AND
R a i l r o a d St o c k s .
Bid.
Ask
R
a il r o a d
St o c k s .
Bid.
[Vou LIV.
C H R O N IC L E .
Ask. 1
M is c k l . S t o c k s .
BO^DS—C o n t i n u e d
Bid.
Ask.
Mi sc e l . St o c k s .
Bid. Ask.
45
N . Y . Sc B R ’ K L Y N
61% St. Paul A Duluth. 100 43
Oehigh V a lle y ......50 t 61
44
Buff. B ook.* P ..... 100
HORSE RRS.
do
Pref.100 106
171
litt le M iam i...........50
88
do
P r e f.1 0 0
114
Local Securities in
113%
St.
P.Minn.
A
Man.
100
69%
•
69
litt le Schu’k’l ........50
B. C. B. A N orth.. 100
C
h
r o n ic l e each, week
175
«172
Shore L in e.........1 0 0
Long Island___ ____ 50 109 111
14
California P a c ific . 100
except 3d o f month.
8<mtb Carolina___ 100
25
24
Lou. Evans. A St. L. 100
Camden & Atlant.1c.50
T
ELEG RAPH.
South. Cal pref....100
58
1
56
do
Pref.100
do
do P i 50
86
71% Southern Pao. Co.. 100 37% 38% Amer. Tel. A Cable. 100 84 137
71
593s Lornsv. A Nashv.-lOO
Canada Southern.100
Cent.
A So. Am. Cable 133
25% 25% 8’west., Ga., g ’d, 7.100 lOo
90*4 Louisv.N.A. AChio.100
Ca ladian Pacific. 100
158
155
Commer’l
Cable
ColOO
6
«
5%
8nmmit
Branch.Pa.50
22
20
33
C.
ta w ls s a ....................50 Louis. St L .A Tex.100
25
Franklin............... 100
Sunb’ry A Lew ist’ n.fO 1........
5
4
Louisville South’n. 100
do
1st pf..50
100 103
Terre H. A Ind’nap.50 109
100
Mahoning Coal RR.50
59
do
2d p r e f..50
215
205
Mexican.....
.......
100
9%
9
do
P r e f . 50 102% 112% Texas A P a c ific ... 100
Cedar F. A Minn... 100
Northwest, gaar___50 luO 110
24% 25
Pol. Ann Arbor A N.M
Maine Central ....10< 130 132
65
60
Cent, of G eorgia... 100
52
50 ¡Pacific A A tlan tic—
Tol. A Ohio Cent’1.100 49
228
226
Man.
A
Law
’oe___
100
17
64
Central Mass-------100
63
86
Postal Tel. Cable.......
82%
do
Pref... 100
40
Manhattan, eon... 100 132 134
do
pref. 100
88
__
78
South’n A Atlantic.25
Tol. Peor. A West.100
84
15
138% Marq. H. A Ont.. .100
95%
Cent, of N . J .. .....1 0 0
95
Western
U
n
ion
....
100
20
18%
Tol.St.L.A K.City.. 100
do
P re f.. 100 90
Central Ohio...... ...5 0
28%
26
do
pref.. 100
68
Massawippl......... 100 117% 11»
do
P r e f...50
TELEPH O NE.
230
3o
..... U. N.J. R R AC. C
31% Memph.& Chari___ 25
Central Pacific___ 100
40%
40% American B ell....10»‘a 205 206
17
Union
P
acific...,
16%
Mexican Central ..10
30
44%
Char. Col. A A u g ..100
44
17s
100
E
rie.....................
17
Un. Pac. Den. A G.100
6
23% Mexican Nat., T.R.100 ........
Ches. A O.-Vot. Tr. cer
Hudson R iver...... 100
Utica A Black R iv .l 00 143 160
Michigan Cent___ 100 lo7% 109
62
HO*
1
1
*
2
%
1
do
1st pf.lOi
M
exican
................
10
141
V t.A Mas8.,l’sed,6.100 140%
90
M il.Lake S. A W -.100
43
97
do 2d p ref.100
N. Y. A New Jersey. 100 96
do
pref.100 120 . . .. .. Virginia Midland.. 100
153
55%
Chicago A Alton.. 100
55
New
England......
100
Wabash R R ......... 100 a ï ' 11%
Mine H ill A S . H .... 50 * 71
do
pref. 100
2CC. 30c.
Tropical.................. 10
25% 26
do
p re f..100
11% 12
102 % MlnneapA St.L...100
Chic. Bur. A Quin.100
Warr’n(N.J.),l’s’d,7.50 147 . . . . . .
30
28%
62
do
P
r
e
f...
100
Ohio. A East. 111... 100
74%
T
R
U
S
T
CO’
S
*
74
West
End
(Boat.)..
.5»
15%
Mo. Kan. A T ...
100
£140
do
pref. 100
do. pref. (Bos.) 50 *X87% 87%: Atlantic................ 100 325
25% 26%
do
p ref... 100
8278
Chifc. Mil. A St. P.100
Brooklyn Trust ...100 4oO 475
58% West Jersey........... 50 « 60
58
Missouri Pacific... 100
110 0
do
pref.. 100 1 2 6 , 127
1
0
0
Central . . . . . . . . . . . . 1 0 0
West Jersey A A tl.. .5< g 20
40
38
.40
Chic. A North w ’n. 100 116% 117% Mobile A Ohio...... 100
Western Maryland. 50 3_______ 16 ' Continental .......1 0 0 133 : . . . . .
Morgan’s La.ATex.100
do pref., 7 . 1 0 0
725
Farmers’ Loan A Tr.25
West. N.Y. A Penn.lOi 8 7%
15
Morris A E ’x, gu.,7-50 ........
2*0
Chic. A 5 or. Pao .100 14
F
ra
n
klin
..........
..100
31%
31%
89 ” 9 9 " Wheel. A L. E ...... 10i
80% 80% Nashv.Chat. A 8t. L.25
L80
•Chic. R. 1. A Pac..lOO
Holland.................100 170
73% 74
do
pref.100
49% 49 N Nash. A D ecatur...25 ........
2o5
C.8t.P.M.AO.,comlOO
Kings County.......100 203
Wil. Columbia A A .l 0» 110
204
L72
do
pref. 100 122 12 3% Nashua A L o w ell.. 100 2 0 2
Knickerbocker ....100 170
.....
Wilmington A Nor..5(
Naugatuck......... 100 *248 250
54
Ohio. A West Mich. 100 53.
i
i
P
Long
Island
.
.
.
.
.
.
100
...... . Vilm. A Weldon, 7.100
*
53%
N
’squehonmg
V
all’ybO
140
125
O n . Ham. A Day. 100
M anhattan..............30 1 2 0 "* L30
6
4
90
Winona A So.WestlOO
67% New H ’n A North..100 * 88
Cinc.N .O .A T.Pac. 100 65
16% M e r c a n t i l e . . 10! 290 300
16
Wisconsin
Cent.
ColOO
160
New
London
Nor..
100
Cin. Sand. A O.pf. 50
42% M etropolitan,... ..100 275 ¿90
42
do
Pref.100
N.Y.Cent.A H.Riv.100 113 113%
Cinoin. A Spring.
N assau................. 100
16% Wor.Nash.A Roch.100 127% 1 2 8
16
O e ve l. Ak. A Col. 100 t ‘ 28% '28% N Y.Ch. A St. L.new 100
N. Y. Guar. A In d .lo o 245*' 26Ó
70
75
do
1st pref.100
6
5%
Cleve. A Canton.. 100
N. Y. L ife A Trust. 100 700
38% C O A L Sc M I N I N G
35
do
2d pref. 100
19% 20
do
p ref.100
N.Y.Secnnty ATr.100 195 ¿05
S T O C K S , N .Y .
N. Y. A Harlem ....5 0 ........
66% 67
.....
C16V. 0. C. A 8t. L.100
Peoples’ , Brooklyn 100 255
89
American C o a l...... 25
N.Y.Laek.AWest...lOO ........
160
do
pref.loO
155
28
Cameron Er.&CoallOO
206
Cl. A Pitt.,guar., 7. 50 154% . . . . . . N. Y .L .E rieA West.100 •27%
*
0
2
67
66
Colorado Coal A 1.100 33% 34%
do
Pref.100
Col. A Green.,piei. 100
730 750
N.Y. A N.England.1003 35% 35% Col »ratio Fuel, p f..l0 0 101% 102^9 United States........10i 805
......
Col. H. Val. A Tol.100 *36% 37
80
Col. AHock.O. A 1 .100
)
78
do
Pref.100
77%
Pref..................
30
27
170 185
Consol.Coalof Md.100
N .Y N H .A Hartf.lCOj 248 253
C ot A Xen.,gu.,t25 5 0 Ï8 0
14
Home8take Min’g.100
N.Y.ANorth.,com.lOO} ........
Con. A Montreal—
25* M IS C ’ L L A N E O U S
20
16 1 17% Lehigh A Wilkesb.Coal
do
pref.1003
C1.I (B.C.AM.pf.100 140 143
STO C KS A N D
25
23
ls%
18%
Maryland
Coal___
100
N .Y. Ont. A W est.. 100
Class IV . (Cunc.)lOO 182% 183
TRUSTS.
80
%
% Minnesota Iron .... 100 75
N. Y . Pa. A O .............
Con,APorts.,gu.,7 100 180 182
Adams E xp »ess...100 146 148
12
10
1
New
Central
Coal
.100
%
do
p ref........
50
Conn. A Passump.l 00 121% 122
48
Am.
Bank
Note Co..50
41
39
10
8
Ontario Sil. Min’ g.100
N. Y . Phil. A Norf.100
Connecticut RiverlOO 234 235
40% 40%
Am. Cotton Oil.--.100
Pennsylvania Coal.50 280
N .Y . Prov. A Bost.100
43
77%
Cons, of Vt., pref 100 42
77%
do
p
re
f
.
1
0
0
4%
3%
Quicksilver Min’g.100
14% 15
N. Y.Susq. A West’nIOO
7% 15
Current R ive r...... 100
American Exprès. 100 117 1 2 0
21
17
do
nref.100
65
64
do
Pref.100
Danbury A N orw ’lk.50 s 54% 56%
95% 95%
36% Amer. S ug.Kef, Co
36
Tenn.CoalAIronColOO
18
15
N.
News
AMiss.Val.Co
74%
76
Day. A Mich., gu.. 50
95% 96%
do
pref
112
106
1
do
pref.100
59
65
Morf. A Sou.......... 100
99
do pf.,gu.,8.50 174
»8
Am.
Tobacco
Co.,
pref
12
11
9%
Del. A Bound B r’klOO 165 j____ Nuri.<fc West,, com.100
8
9
Aspinwall
L
a
n
d
....
10
45% 46%
do
pref.100
Delaware A H u d ..100 137% 139
5%
8
5%
Boston Land...........10
E L E C T R IC
Del. Lack. A W est. 50 156% 157% N>. Pennsylvania..50 85%
3
8
2 %
Boston
W
aterPow
er.
e9
L I G H T , See.
Northern Central... 50
Del. A New E ng... 100
6
8
5%
Brookline (Mass.)L’d5
90
70
Brush, Bait...........100
50
16% 17% Northeastern .......5 0 I 48
Denv. A Rio G r....l0 0
9
7
2 % Brunswick C o ..... 100
59% 51% 1Northern N. H ......100 145 145% Con. Elec. Storage......
do
pref.100
72
71%
109 s Canton Co. (B a lt.).100)
6 % North’n Pac., com . 100 20 % 20% Edison Gen. Elec. 100 Ì08% 109%
5%
Des M. A Ft. D ’ge 100
1
0
0
....
9
C.
J.
R’y
’s
U.
St’k
Yds
10 9%
“
“ tr. rects—
55% 55%
do
Pref.100
20
10
do
pref. 100
do P re f..............100) ........ .......
87
Edison 111. Co. of N.Y. t 85
Norw. A Worcester. 100 176 177
Det. Bay City A A.100
Jlaflin Co.............. 1003 ........
90
“
K « Bijiyn
85
5
5%
Ogd. A L. Champ. 100
89% 90
Det. Hills. A S. W.100
do 1 st pref .non-c. 1 0 0} 5.......
%
Edis’n
Phon.ToyMf
.Co.
20
Ohio A M is s .. . .. . .100
10
6
Det. Lan. A North. 100
do 2 d pref.non c . 1 0 0
Ft. Wayne Elec.Co..¿5 s 12 % 12 %
do
Pref.100
34
36
do
pref.100
Con. Kan. C.S. & R..255-['145 155
’
29*
N.
Y
.
Phonograph
Co..
31
9V Ohio Southern...... 100
Duluth S. S A Atl.100
.9%
)
90 n o
Det.
Un. D. A 8 1 ’n
North Amer. Phon. Co
185
29% 29% Old Colony........... 100 184
do
pref.100
0 50% 50%
Thom.-H. Elee.Co...25 s 65% 65% Dist. AC. Feed. Co.100
5% Om.A St. L ............ 100
4%
E. Tenn. Va. & Ga.100
5%
s
5
East
Bos
ion
Land.
29%
do
p ref.. 25 8 29
do.
p ref___100
45
35
do 1st pref.100
5%
Frenchman’s Bay Ld.. s 5
9
do T.Ssc.Ser.C.10 8 8%
76
Oreg. R ’y A N a v.. 100 74
10% 12
do 2d p ref.. 100
95
)
90
Henderson
Bridge.
100
7%
7%
do
do S er.D ...
23%
Or. 3. L. A Utah N.100 22
57
East Pennsylvania.50
77%
0
77
Illinois
S
te
e
l........100
245
242
t'ennsylvania R R . .50 s 55% 55% Thom.-H. lnternat.100
79
78
Eastern in N. H ...10 0
15
0
10
Iron Steam boat...100
do
p re f..100 105 108
Penn. A N o rth s eat.50 8 49%
Eliz. Lex. A Big 8.100
u
2 %
4
Keeley Motor...... 5u
60
55
Thom. Welding Co.100
“5Ö“ Pensacola A Atiaai.lOO
Elmira A W ’msp’t. 50 f 48
21
0
s
2
0
%
Lamson Store 8 er.
15
10
do Europ.W.Co.100
17% 18
Peoria Dec. A Ev.-lOO
70
do
P ref.......50 8 68
0
s
53%
Lehigh
Coal
«
N
a
v
.
50
50
40
9
12
U. S. Illuminât.Co.100
Peo. A Eastern.... 100
Evansville A T. H ..5 0 135 137
7
4
West. El. L. Consol... 8 29% 29% Manh’tt ’ 1 1 B’ch Co.100
98
Petersburg........... 100 97
22
Fitchburg..............ICO 20
2%
47 % Maverick Land___ 100
Do
p ref........... 8 47
91% 91% Phila. A E r ie ......... 50 a 36% 37
do P r e f....100
0 116**
Metropol. Traet’n..l00
Phil. Germ. A N o r..50 8 .... . 130%
25
23
Flint A Pere Marq.100
26%
11
25^9
Mex.
in
at.
consti
uot’n
59% 59%
Phila. A Read. cert.50
82% 84
do
p ref.. 100
0 .
Morris Can., gu. 4.100
G AS STO CKS,
Phila. A Trenton.. 100 228
Fla.Cen.AP. -V.T.Cer. t 10% 11
do p f.,gu.l 0 . 1 0 00 203
Balt. Consol. Gas .1001 54% 55
8
53% 55
Puna.
W
ilm
.A
Balt.
50
84
t
83%
80.
do 1st pref.cum.loO
5. 5 c.
Mt. Des. AE.S.Land.5.
30%
8
30%
Bay
State...............
22
24%
50
Pitts. Cin. C. ASt.L. 100
do 2dpf.non-cum.10c t 39% 40
Nat. Cordage.............. 117% 117%
62% 63% Brooklyn. L. I,—
do
pref.100
4%
7
Georgia Pacific... 100
113% 114%
do
P
re
f......
130
10
Brooklyn............ 25
Pitts. A Connell’e..50 a 8
36%
Ga. RR. A B’kg Co.100 170 172
36
Citizens’ .............. 20 113% 113% National L e a l C o......
Pitts.Ft.W .A C.,guar.7 152%
7
4
Gr. Rapids A Ind .100
91%
91
do
p ref.........
Fulton Municip.100 140 145
33
Pitts. Jun ot...... .
50 8 32
33^
Gt. North. Ry. p ref.. 123 125
32
Nat.
Linseed
Oil
Co...
Metropolitan. ... 100 118
8% Pitts.M .K.AYough 50 §120 122%
8%
Gr.B. W. ASt. P ...1 0 0
35% 36
Nat.
Starch
M.
Co.
100
140
Nassau.................25
45
47
Pitts. V a. A Charles.50
101%
do
P r e f... 100
100%
1st P r e f...................
90
People’s...............10
20
21
Pitts. A W estern ...50
Har.Por.Mt.J. A L ..5 0
96 100
2d P re f....................
W illiam sburg___ 50 130
41
42%
do
P ref ..50
S3
30
H artf’d A C t. West.100
43
40
N. Y. Loan A Im p F t...
22
Chariefct'n,S.C.,Gas.25
42%
45
Pitts. Y oungs. A Ash. 50
53
48
Housatonic p ref.. 100
N.
Y
.
A
Texas
Lan
d
...
12%
s
11%
Char tier s V a lle y ..100
do
p r e f___50
Hous. A Tex.Cent. 100
Land scrip ..
81% 81%
Chic. Gas tr. reo...lOO
Port. Saco A Ports. 100 129% 130
Hunting. A Br.'I
13%
* ............... 36
13
Cincin. G. A Coke.lOo 188% 189% North AmeriCanColOO
14
17
Port R oyal A Augusta
* 54% 55
do
P
Northwest Equip. 100
65
Denver
Consol___
100
250
250%
Prov. A Worcesttr. 100
Illinois C entral... 100 102% 1 03
26
20
Oregon
Im
prove..
100
Hartford, Ct., G. L..25
Rens. A Saratoga., 100 168 175
93
87
35
34
Pacific M ail SS. Co.100
Indianapolis, In d ..50 i b a " 111
Rich. F. A P., com. 100 120 124
11
10
$132
Pennsylv.
S
teel...100
Jersey City Gas Light. 180
105
Richmond A P ’ b’g.100
42
50
do
1
122
118
P.
LorillardCo.pf..l00
127
126%
Louisville
Gas
Ligh
t.
8%
8
Rich. A W . P .T er..lG 0
Io w a F .A Sioi
Pough. B rid g e ___ 100
32% 35
Memphis Gas.............
45
49
do P r e f— 100
Kan. A Mieh.
11
12
Procter A G.Co.pf.100 105
99% 100
N. Orleans Gas L.100
Richmond Y ork R .A C .
Pref. 8 p. c. cum.100 1Ì3
90
N .Y. C ity - Central-5l
Rio Grande W est.. 100
40
45
PuUm’nPalaoe CarlOO 196 Ì98
Consolidated___ IOC 115 116
do
pref.100
112 115
s 16% 18
San Diego Land....
E qu itab le......... 100 150 155
112
RomeW.AOgd.,gu.lOO i ' i i
20
15
112
8 t. Louis B’dge,1st prei ¿109
M utu al........... ..100 138
4
3%
R u tlan d ................100
13
8
54
2 d pref. cert...... 1 0 0 <S 51
87
85
Standard OaB,pf.lOC
72%
72
do
P ref., 7..100
40
50
112
¿L09
St.
Louis
Tun.
RR.100
18%
18
Phila. Co. Nat. Gas.50
St.
Jos.A
G
’d
Isl’d.100
...............
65
60
St. Louis Transfer Co.
........ St.LoutsAlt.AT.H.100
76
74
Pittsburg Gas C o ...50
40
33
...............
do
pref.
Standard Oil T r’t.100 162% 163%
75
80
Portland, Me., G. L.5C
160
do
Pref.100 150
...............
eokuk A W est’n.
£9
South’n CottonOil.lOO
19% 21
St.Louis, Laclede. 100
Sfe.L.AS.F.l8t pref.100
...............
, ac. u •e.Mfl
Texas Pacific C oal..
61
60
do
pref.100,
8
7%
» 24% 25% St. L. A So’ w est... 100
13
Tex. A Pao. L ’d Tr. 100
_
_
,
70%
Sam
Franoise»
Gas
—
15
16
do
Pref.100
do
Prei
1
76
77
56
50
U.
8
.
E
xpress_
_
.106
45-»* 46
Wash’t,on Oitv G. L.2fi
1
•«* T,. Van. A TV H TOO 15
1
* Price nominai.
Purchaser
pays accrued interest.^
9
Qpntutions dollars per share.¿SBA t Ex-rights.
THE
J o k e 18, 18fc2.]
C H R O N IC L E
1003
GEMERA.L QUOTATIONS OF SL’OOKS AND BONDS— C o n c l u d e d .
F o r E x p l a n a t i o n see N o t e s a t H e a d o f F i r s t P a g e o f Q u o t a t io n s .
M is c e l l a n e o u s St ’ k s .
Bid.
Ask.
145 148
*x l8 7s 19
West’nUnion Beef Co.
11
6
;
<N. Y . & 8AN . F
A dam s H o n s ....
• 9 5 _____
Am on tan Flag.
I '05
A lice.................
•70 ........
M a n u t a c t ’ g St o c k si..
Bid.
Ask.
B a n k St o c k s .
Bid.
Ask.
I n s u r a n c e St o c k s .
0 1160
0 120
0 222%
0 105
3 99
. 104
0 52%
5 26
0 X1030
Bid.
1175 Globe National......
110
First National...... 100 235
120% Hide and Leather! 100
160
Fourth St. N at’1...100 152%
225
Ills. Tr. & S a v ......
320
99t,
Girard National___40
122 125
International........
Kensington Nat’l.. .50 109%
100
120
Lincoln National...
93%
Manufact’rs’ N at . 1 0 0
106
do
pref.
Merchants’ N a t... 100 500
Mechanics’ Nat’l. 100 100%
54
Metropolitan Nat. 100 200 220
Nat.Bk. N.Liberties.50 159
23
Nat. Bk. o f Amer.,100 144
85%
Penn National........50
1040 Nat. B’k o f Illinois.lOO 270 300
Philadelphia Nat’1.100 223%
Barcelona.
•K ........
National L iv e s to c k .. 186 190
Seventh National.100 101
•10 ____
B a lt i m o r e .
Northwestern Nat.100 895
Western N ation al..50 102 %
Belm ont...........
•3(
•40
0 147 148
Sta*e Bank................ 150
S t. L o u i s .
Best & Belcher.
1-75
5 17
18
Union National.. .100 160 165
Amer. E xch an ge...50 180 190
•15
0 197g
C in c in n a t i.
Boatmen’s.............lo o 155
Breece..............
•25
0 ........ 132
Atlas National ...100 125 130
Bremen................. 100 185
•35
0 45
Citizens’ National.100 2371a 238 % Chemical N a t....... 100 100
•7Ô
0 60
Commercial Bank..50 112ia 118
Citizens’................ 100 132%
Con. Imperial.
5 47
Equitable N at.......100 118 I/O
Nat. Bank of Com.100 154 155
0 ........ 120
•30
Fifth N a tion al___ 100
100
Commercial......... 100 500 525
•15
0 115
First N ational___ 100 260 2671a Continental Nat’1.100 101 103
1 10%
•12
•13 Howard.
Comstock Tunnel st’k,
Fourth National ..100 262 %
F ran klin ...............100 350
Consol. Cal. & Y a ......
3’5C
0 38%
German National. 100 200 205
Fourth N ation al..100 240
•60
0 13
Market N ation al.. 100 125
German................. 100 290
2-1C
Dead wood terra..
) 145% 146% Merchants’ Nat’l.. 100 137
German AmericanlOO 440
Denver City Con.
l) 128
N atlon al L a f ayettelOO 300 325
In tern ational...... 100 125
Dunkin................
•20
19
0 18
Ohio Valley Nat’1.100 139 140
Laclede National.. 100 119 120
E l Christo......... .
•35
•50
l 175
Second National ..100 380 400
Lafayette.............. 100 225
r> ____ _ 99
1-65
Third National___ 100 160 162
Mechanics............ 1 0 0 235 240
........
•40
5 81%
Western German.. 100 310
Merchants’ Nat’l.. 1 0 0 137% 140
•85
0 37
N e w O rle a n s .
Mullanphy . . . . . . . . 1 0 0 225
B o s to n , t
1-15
American N a t...... 100 123 125ia Nat. Bk. Republic.100 109
Horn Silver.
3-45
0 140% 141
Bank of Commerce. 10 153a 15% Northwestern...... 100 200
*¿5
[) 122% 123
Canal & Banking.. 100 162 166
St. Louis National.100 125 130
Iron H ill.
0 101 101% Citizens’ ................100 81
85
8 tate Bank............ 50 197% 200
•10
) 111% 112
GermaniaNation’1.100 215 220
Third National___100 121% 122% :
•08
) 131 132
Hibernia National.100 203 215
Sun F r a n c is c o .
__ Louisiana N a t...... 100
•16
•19
0 135
Anglo-Californlan____
72%
Little
•30
•25
) 203% 204
Metropolitan........100 x Í6 5
Bank of California.... 255 265
1-20
J 142 145
Mutual N ation al.. 100 105 108
First Nat’l G old...100 178
M on o ___
City.
•dO
94% New Orleans Nat.. 100 700 750
) 94
London Paris & A ___ _
122%
Moulton.
•60
•25
) 108% 108% People’s . .............. 50 108 112
London & San Fran...
37
•05
) 130 130% Southern NationallOO 103 105
P acific.... ................... 124 165
•10
North Belle Isle.
97
) 96
164
F I R E IN S U R ’ CE
2*00
) 136 136%
9%
STO C KS.
Oriental & M iller____
•08
3 129% 130
Union National ...103 135 141
H a r tfo r d , C onn.
*60
•50
Phoenix of Arizon a....
) 101 101% Whitney National.100 335
.¿Etna F ire .............100 255 262
•50
Plymouth.......
3 136% 137
N ew Y o rk .
Connecticut......... 1 0 0 125% 129
•35
•45
Boblnson Consci.
3 101% 102
212 220
Hartford............... 100 340
E xch an ge.........
Savage. . . . . . .
100
3 139% 140
American Exoh’gelOO 157 158
N a tio n al............... 100 140
•70
Sierra tr $ .-»d a ...... 100
3 138% 139
Bowery................100 310 320
Orient............... ...100
95
r
.
r
1-50
Standard.............. 100
3 240 245
B roadw ay...........25
2-<l
283
Phcenix................100 i' 9'3 " 198
•80
Union Consol........100
3 129 131
185 190
Steam B o ile r......... 50 103
Utah............ .....
3 126% 127
137 140
•65
Y ello w Jacket...
3 101 102
450
N ew Y ork .
b o s t ©
u in in g .
3 .100 100%
420 423
Alliance.............. 1000
60
65
(See Page 9 *6.)
3 119 120
4400 4800 Am erican................50 110 140
M A M J F A C T ’ IN G
3 128% 128%
Bowery........ .......... 25 85
...1 0 0 450 5t0
90
Am. Linen (F .R iv ).. 100 115 116
3 111 111%
Broadway......... . 2 0 125 139
...... 25 155
Am ory (N. H .)...... 100 x 134% 134%
106% 107
250
Citizens’ ................. 2 0 107 119
Amoskeag (N.H.) 1000 x225 2260
103 104 1
192 194
70
Commonwealth . . . 1 0 0
75
Androscog’n (Me.).100 155 156
100 100% 1
135
Continental......... 1 0 0 225 240
Appleton (Mass.).lOOo 612% 615
96
97gfej
250 260
E agle.......................40 215 220
Atlantic (Mass.)... 100 82% 82%
100% 1 0 1
!
114
Empire C ity......... 100
70
89
Barnaby (Fall R iv .)... 130
127% 14,82
155
Farragut................. 50 80 100
Barnard M fg. (F.R .)..
99
97
Merchants’ .
146% 147&
200
Germ an-American 1 0 0 285 300
Bates (M e.)...........100 152% 152%
96% 97
Fifth Avenue.. . . . . 100 2000
Germania................50 170 175
Boott Cot. (Mass.) 1000 X1325 1340
250,üj
1 235
320 335
G lo b e .....................50 75
80
Border City Mfg. (F.R.) 138 140
137% 138“
2500
Greenwich.............. 25 100 105
Boston Co. (Mass.) 1000 XÍ040 1050 I
* 162 162%
109
H am ilton .............15
65
70
Boston Belting___100 *200 201
' 141 141%
170
Hanover..................50 130 135
Bost. Duck (Mass.)700 780 900
126% 127
204 210
Home.................... 1 0 0 140 145
Chace (Fall R iver). 100 109 111
117% 117%
310
Kings Co. (B’klyn).20 162% «..«*»•
Chicopee (M ass.L.lO o
96% 97
165 165%
400
50
Lafayette (B’klyn).50
o5
Cocheco (NThl. )___ 500 380 385
127 127% !
122
Manuf.& Builders’ 1 0 0
75
90
100
Collins Co. (Conn.) 100
* 162 162% 1
330 400
Nassau (Brooklyn).50 140 145
Continental (Me.). 100
18% 19
R evere.........
105 1 1 0 ! !
330
National...............3 7 % 60
70
32%
Cres’tM ills (F.R.).IOO
156 158 !<
150
Niagara .................. 50 130 135
Crystal Spr. Jhl. (F.R.) ........
1
195% 196
343% 350
North R iver . . . . ___ 25 70
75
D a voi Mills (F.R.).IOO
99
220 _____ 1
145
P a c ific ...;...............25 130 145
D w ight (Mass.)___500 880 885
125% 126
1
610 ¿30’ Peter Cooper .......2 0 130 135
Edwards (M e.)....10 0 115% 117
97% :
97
180 200
Phenlx (B’k lyn )....5 0 140 145
90
E verett (Mass..)..New
8 8*4
98% :
98
240 260
Rutgers................... 25 111
112
F lin t Mills (F.R.),100 I 0 9
125% 126 M
410
Stuyvesant............. 25
80
95
Franklin (M e.)....100 103 105
106 1 0 6 % |:
..50 185
United States......... 25 125 140
G i’be Y.Mills(F.R.)100 118 119
106 106% i
220 230
W estchester...........10 160 175
G ranite(F R .)........100 2 4.0 244
98
]
97
187
Williamsburg C ity..50 315 330
GreatFalls (N.H.) .100 112 112%
106 106% J
.25 180 200
Ham ilton (Mass.)lOOu 1050 1060
]
140% 141
220 235
M A R IN E IN S U R
H a it i Carpet (Ct.)100
95% 100
115 115% I
...50 150 153
A N C E S C R IP .
H ill (M e.)............. 100
60
63
98 % 99
i
130
Atlantic Mutual........
H olyt ke W .Power 100 300
121% I
12 1
9
1888........................ 101 102
12
Jackson (N. JET.).. 1 0 0 0 1010 1015
B r o o k ly n .
1889
............... 102 103
400
K in g Philip (F.R.).100 122% ........
175 ........ I
1890
............... 103 103%
275 300
Laconia (M e.).......400 625
530
...... Ï
140
1891
.... .......... 103% 104
300
Lancast’r M. (N.H.)400 x660 675
170 ........ Ï
1892....................... 104 105
165
.. ........
L ’rel Lake Mills (F. R.)
400 417
I
235 242
iComm’cl Mut. 1873-82
8
11
Lawrence (Mass.) 1000 xlòOO 1510
163 ........ I
603
Low ell (Mass.)___ 690 675
580
140 ........ I
133 140
P R IC E S O F E X C H A N G E
Low ell Bleachery.100 102
105
480 500
i
115 120
______M E M R E R S H I P S .
LoweilMach.Siiop. 500 x6l7% »20
Fulton...
190 ........ I
170
Lym an M. (Mass.).100 72
72% :
142 ........ Ì
N.
Y . Stock................. $21,000 ask.
165
Manchester ( N .H.) 100 140
1.4 0 % :
153 ....... c
Last sale......... ........ 19,000
230
Mass. Cotton____1000 1035 1040 Long
Is la n d .....
:
142 ........ 1
N.Y.ConsoLSt’k
& Pet.
190
225 ask
Mechanics’ (F. R.) 100 97% 9 9
Manufacturers. . . . 30 200 ........ 1
Last sale, June 11...
315 330
200 i jüíi
Merchants’ (F .R .) 100 122% L25
Mechanics’ . . . . . ___ 50 275 . . . . . . I
N. Y. P rodu ce............
300 330
950 ask,
Merrimack ( Mass) lOoO x l l o 5 Li 1 5 1;Mechanics’ & Traders 250 ........ I
Last sale, May 1 6 ...
122 130
900
Middlesex (Mass.). 100 141
L42
Nassau
. .. .. .. . 1 0 0 275 ........ I
N. Y. Cotton............ . 475b. 525a.
131 134
Nashua (N. H .)___ 500 522% 525
North Side............100
Last sale, June 12.
173 180
475
Naunakeag (Mass.)lOO 111% L» 2
Seventeenth Ward. leO
N. Y. Coffee................. 175b. 225».
....... S
176 180
Newmarket...........500 325 330
Sprague........... ....100 i.82“’ ........ 8
Last sale, June 1 ....
320
200
Osborn Mills(F.R.)lOu 108
26th Ward.............100
...... s
N. Y . M etal............
120
40 ask.
Pacific (M ass.)...1000 X 1765 1770 Wallabout............100
Last s a le ............
115
S
155 165
Pepperell (M e.)___ 500 X1050 L100
C h ic a g o .
R ’l Est. Ex. & Auo. R’m
S
130
Pooasset (F. R .)...1 00 i08
L10
American Exch. N at.. 142
145
£
Last sale, June 15..
..100 115% 118
905
Rich. Bord’n (F.R.) 100 101 102
Atias N ational.......... 122
...... 1
Boston Stock.............. 17.500 bid.
..1 0 0 102
Robeson (F. Riv.)100o
........ Chemical National___ 100 ........ 1
Last sale, June 10.. 17.500
110 112
Sagamore (F.Riv.). 100 121 122
Chicago N a t.......1 0 0 270 282
l
Philadelphia Stock....
200
2,350 ask*
SalmonFails(N.H.)300 231 233
1Commercial N at... 100 300
Last sale......... ........
350
V
123%
2,50»
Shove (Fall R iv .).. 100 110
L ll
Corn Exchange....... . 315
350
V
Chic. Board o f T rad e..
275
Slade (Fall R iv ).. 100
58
»Continental Nat... 100 157%
__
Last sale, A p ril 1 ...
P h ila d e lp h ia .*
1,150
Stafford (Fail R iv.) 100 121
L25
Drovers’ National......
45
f
Chicago Stock............
275
:
Stark Mills (N.H.)IOOO 1220 L225 First
National...... 100 345
350
C
Last s a le ,.............
110
850
reouiMseh ( F. R .).. 100 109 t i l
f]Fort Dearborn N a t___ 112
L20
C
5 9 * * ........ Plttsb. Pet. St’k A Met. 500 b. 519a
I* Priées nominal, t Boston bank quotations are all es-difidead, s Price per share—mot per cent, 1 75 per eeut paid In cask,
THE
100t
[VOL, I,IV
C H R O N IC LE .
Latest Earnings Reported
R oads .
A ID
fita tlr o a ti
The
J t * fc e lftp tt jc ie .
I nvestors’ Supplement ,
c o n ta in s e x ten d e d
a p a m p h le t o f 150 p a g e s ,
tables o f the S tocks a n d B o n d s o f R a i l
r o a d s , a n d o th er C o m p a n ie s , w ith re m a rk s a n d s ta tis tics co n
c e r n in g the in c o m e , fin a n c ia l sta tu s, e tc ., o f each C o m p a n y .
I t is p u b lis h e d o n
v ix .,
Janu ary,
the
la st S a t u r d a y o f e v e r y oth er m o n th —
M a r c h , M a y , J u ly , S e p te m b e r a n d N o v e m b e r ,
a n d is fu r n is h e d w ith o u t e x t r a ch a rg e to
sc rib e rs o f the
The G eneral
s ix p a g e s o f
Saturday
a ll r e g u la r s u b
Chronicle .
Q u o ta tio n s o f Stock s a n d
the
Chronicle ,
B o n d s , o c c u p y in g
a re p u b lis h e d
on
the
tMrd
o f each m o n th .
R A ILR O AD EARNINGS.
Latest Earnings Reported.
R oads
Week or Mo\
1892.
1891.
Jan. 1 to Latest Date.
1892.
J 1891.
»
S*
J
i
$
$
767,206
785,726!
Allegheny V ai.. A p ril........ I 212,183 195,723|
Atch. T. & 8.Fe.. IstwkJune 617.480 601,564 13,747,047 12,«0 1 ,998
708,440
749,862!
32,124
36,450
H a lf ow n ed ... IstwkJune
Total system. IstwkJune 653,930 633,688 14,496,910 13,510,438
2,618,372
2,657,568
B tL . & S an F.. IstwkJune 107,589 106.322
C93.740
733,057
35,773
31,527
H a lf owned.. IstwkJune
Tot^g.L.&S.F IstwkJune 143,362 137,849 3,390,624 3,312,112
Agg. total .. IstwkJune 797,292 771,537 17,887,534' 16,822,550
222,771
198,536
69,004
Atlanta&Char.' March......
66,714
7,694
5,634
Atlanta & Flor’ a M ay..........
160,599
149,743
30,503
30,458
Atlanta & W .P t. A p ril........
B.&O.EastLines M ay.......... 1,563,559 1,527,731 7,614,019 7,185,008
Western Lines M ay.......... 455,221 437,628 2,478,637 2,181,245
M ay.......... 2,018,780 1,965,359 10,092,656 9,366,252
961,607
49,041 1,091,546
49,710
Bal.&O.Southw. IstwkJune
6,029
6,514
1,500
1,853
Bath & Ham ’nds April........
23,493
16,759
4,757
3,869
Bir. & Atlan tic. M a y.........
56,391
72.592
14,294
16,069
Bir. Sh.& Tenn.R A p ril........
55.139 1,295,294 1,134,559
49,088
Buff. Roch.<fcPitt IstwkJune
277,460 261,828 1,603,263 1,339,251
Bur. C.Rap.&N. M ay........
149.953
142,674
39,190
40,793
Camden & Atl. A p ril........
OanadianPaciflc IstwkJune 394,000 372.000 8,390,588 9,796,982
11.341
10,099
3,834
3,440
Car. Cum.Q &Ch. March......
24,625
21,861
3,744
3,151
Car. M idland... M a y .. .. .. .
Central Pacific.. A p ril........ 1,173,279 1,340,293 4,235,072 4,794,084
31,029
30,560
11,050
9,798
Central o f S. C.. March......
61,529
60,016
11.139
9,300
Char. Cin. A Cine May..........
308,280
256,606
69,393
58,828
Oharlest’n & 8a v A p ril........
42,278
61.593
7,783
5,699
Char. Sum. & No. M ay..........
41,394
29,934
6,464
5,180
Oheraw. & Dari. A p ril........
9,235
6,832
2,617
1,998
Cheraw,& Salish March......
Ches. & O hio.... 1stwkJune 157,691 157,341 3,596,863 3,491.970
737,362
708,248
172,990 170,052
Ohes.O. & S. W. A p ril........
658,611
666,146
169,188 174,804
Chic. Bur. & No. A p ril........
Chic. Burl. & Q. A p ril........ 2,757,629 2,484,668 12.087,570 9,541,681
73,022 1,635,261 1,504,617
79,420
Chic.& E ast.ni. IstwkJune
816,410
965,625
236,746 208,787
Chicago & Erie. A p ril.......
16,610
15,690
3,958
4,168
Chic. Kal.& S... A p ril........
11,171,524
13,345,376
496,619
Chic.Mil.&St.P. 2dwk June 603,738
Chic. A N ’thw’n . A p ril........ 2,356,214 2,023,432 9,357,168 7,653,757
405,318
505.083
30,984
27,207
Ohio.Peo.&S.L.I 4thwkMay
Chio.R’k I.& P ... M ay......... 1,256,896 1,281,798 6,610,688 5.889,835
1,722,231
1,928,238
84,667
Ohic.St.P.&K.C. IstwkJune 104,993
628,505 570,650 2,644,010 2,064,042
*Chic.St.P.M.&0. April........
682,002
793.084
29,997
31,601
Ohio. &W . Mich. IstwkJune
. 24,234
25,102
5,794
5,643
Cin.Ga. & Ports. M ay..........
306,802
276,418
12,025
Cin. Jack & Mao. IstwkJune
11,091
71,199 1,776,396 1,779,196
72,295
Oln.N. O. & T .P . IstwkJune
792,624
742,231
29,516
28,318
Ala. Gt. South. IstwkJune
472,514
514,451
17,049
20,524
N. Orl. & N. E. IstwkJune
259,657
260,309
11,659
7,979
Ala & Vicksb. IstwkJune
249,057
227,580
6,748
4,364
VIcks. Sh.&P. IstwkJune
Erlanger Syst. IstwkJune 133.480 136,271 3,520,967 3,553,148
8,269
7,830
1,729
1,645
Oinn. N orthw’n . May........ .
85,231
90,105
20,541
20,337
Cin. Ports. & V.. M a y .. . . . . .
4,798
5,879
1,049
1,203
Col. & Maysv. M ay..........
245,435
320,301
60,063
67,831
Oin.Wah.&Mioh. M ay..........
360,687
382,939
22,573
dev.Akron&Col AthwkMay
25,588
176,421
209,898
54,506
63,972
d e v . & Canton.. April.. . ...
d.Cin.Ch.&8.L IstwkJune 246,119 236,536 5,521,801 5,423,411
643,150
730,182
27,800
29,449
Peo. & East’n. IstwkJune
142,197
129,911
26,831
24,800
d e v . & Marietta May..........
860.258
881,401
38,776
42,678
Color. Midland.. IstwkJune
1,094,068
1,265,343
282,986 229,481
Col. H. Y . & Tol. M ay.........
184,325
276,872
10,103
15,370
Ool.Shawnee&H IstwkJune
9,150
8,176
1,755
1,754
Colusa & Lake.. M ay..........
335,547
357,094
90,129
101,716
Conn. R iv e r ___ April........
62,331
73,494
2,670
3,064
Current R iv e r .. IstwkJune
Denv. & Rio Gr. 2dwk June 171,300 158.000 3,772,848 3,433,992
124,581
156,894
27,387
30,008
Des M. No. & W M ay........ .
197.259
151,503
39,851
29,600
Det.Bay C.&AJp M a y .. . . . . .
485,371
486,821
20,765
18,550
Det.Lans’ g & N o IstwkJune
667,199
824,923
58,172
63,766
Duluth 8. S.&At. 4thwkMay
- 30,953
55,141
5,528
7,777
Duluth & Winn. M ay..........
2,793,452
2,437,700
126,118
E.Tenn.Va.&Ga. Is tw k M a y 115,313
249,822
333,556
42,889
60,424
Elgin Jol.&East. M ay..........
14,174
12,585
Eliz.Lex.&B.B... 2d wk May
136,923
147,808
6,189
6,593
Evans.&Ind’plfi IstwkJune
479,952
512,807
20,441
24,850
Evansv. & T. H IstwkJune
594,832 538,055 2,282,822 2,164,203
Fitchburg......... A p r il.......
1,289,919
1,301,523
48,905
47,439
A- Flint. & P. Mara IstwkJune
18,200
13,693
5,659
5,467
Florence........... March......
85,481
147,992
4,895
7,236
Ft. W. & Rio Gr. 4thwkMay
241,535
266,610
110,156
131,871
Ft.Worth&Denv February. 35,932
40,770
12,024
14,552
Ga. Car’la & No March......
674,305
490,429
105,093 138,366
Georgia R R ..... A p ril........
302,049
306,179
66,213
58,471
Geo. So. A Fla.. M ay..........
10,496
12,438
3,143
4,279
GeorgePn & W ’n M arch.___
954,938
41,791 1,026,723
43,651
Gr.Rap. & Ind.. IstwkJune
181,266
199,348
8,350
6,658
d n .R .A F t. W. IstwkJune
94,708
100,356
3,990
3,717
Other lin e s . .. IstwkJune
52,439 1,326,428 1,230,912
55,718
Total aU lines. IstwkJune
Grand T ru n k ... WkJune11 350,586 338,556 8,257,558 7,881,896
58,788 1,641,911 1,550,115
66,610
Chie & G r.Tr. Wk June 4
446,433
475,201
19,210
D e t.G r.H A M Wk June 4
21.703
Week or Mo
1892.
1891.
Jan. 1 to Latest Date.
1892.
j
1891.
$
1*3,8741
2,342
15,284
Gulf & Chicago. May..........
2,455j
Great North’n St. P. M. & M . May.......... 794,003 777,9111 4,644,351 3,494,035
315.165
83,232 U4.417Ì
373,068
East, o f Minn. May..........
511,349
471.969
Montana Cent. May.......... 114,934 132,629
Tot. system. May........ . 992,169 1,024,956 5,489.385 4,320,549
326,705
123,482 116,918
342,033
Housatonic...... March......
64,489
59.000
8.500
Humest’n&Shen May. . . . . . .
10,298
22,365
31,126
6,663
3,740
Hutch. ¿South’n M a y .. . . . . .
7,149.967
7,500,627
1,448,658
1,423,573
Illinois CentrT.. May..........
176,602
180,976
30,101
35,187
Ind.Dec.&West. May..........
454,667
59,162
61,392 1,462,003 I ,
In. & Gt.North’n IstwkJune
43,484
{Interoc. (Mex.) Wk May21
682,664
766,317
33,853
22,476
Iow a Central... LstwkJune
15,872
13,306
2,750
3,016
Iron R ailw a y... M a y .. . . . . .
348,522
364,693
75,470
75,443
J’k’nv.T.& K .W . A p ril........
131,303
158.481
5.010
7,245
Kanawha&Mich IstwkJune
129,961
133,191
4.346
4.719
Kan. C. Cl. &8p. IstwkJune
81,489
K.C.F.8. &Mem. IstwkJune
71,078 2,117,15« 1,957,465
477,278
443,868
23.056
22,462
K . C.Mem. &Bir. 4thwkMay
94,342
114,265
26,223
27,586
Kan.C.Wy&N.W A p ril........
162,401
164,430
6,705
4,816
Keokuk & West. IstwkJune
29,286
32.814
5,803
6,139
L. Erie All. & So May..........
49,352 1,391,119 1,264,021
54.469
L. Erie & West . IstwkJune
163,079
157,485
42,155
40.866
Lehigh & Hud.. M a j.........
281,729
262,019
10,399
7.963
L. Rock & M em . lstw k J m e
93.056 1,605,225 1,545,988
Long Islan d ---- 2dwk June 103,273
89.369
106.729
38,617
31.085
Louis. & Mo.Riv. March......
615,199
534.457
26,760
23.839
Louis.Ev.&St. L. IstwkJune
Louisv. & N ashy. IstwkJune 373.460 337,015 8,800,759 8.012.902
55,873 1,271,809 1,087,631
62,577
Louis. N. A & Ch. IstwkJune
72,337 1,423,762 1,483,424
55,788
Louisv.N.O. & T. 4thwkMay
203,524
275,801
8,759
11.433
Lou. St.L.& Tex. IstwkJune
568,000
508.305
24,092
20,040
Memnhis & Chas Istw kM ay
2,955,464
{Mexican Cent... IstwkJune 132,163 118,708 3,301,474
79,197 1,713,379 1,825,709
68,653
{Mex. N a tio n a l. IstwkJune
80.592 1,275,306 1,641,250
54,782
{Mexican R ’ way Wk M ay21
696,835
706,916
32,107
30.902
Milwaukee & N o 2dwk June
51.334
52.633
12,829
10,200
MineralRange.. M ay........
612,846'
735,084
142,578 134.275
Minneap.&St.L. May. . .. .. .
774,374
M. St.P. &8.S.M. May.......... 198,571 142.932 1,121,638
Mo.Kan. & Tex. b IstwkJune 186.263 172,083 3,531,159 3,536,654
Mo.Pac.&IronM IstwkJune 423,000 395,000 10,679,468 10,008,915
Mobile & Ohio.. M ay.......... 264,189 276,177 1,398,596 1,461,870
293,593
297,661
72,853
57.970
Monterey&M.G. April. . .. ..
Nash.Ch.&StL.c May.......... 418,116 305,378 2,081,163 1,561,946
57,129
64,012
19,647
21,977
N. Jersey & N.Y. March......
72,396
58,y05
13.802
15,938
New Orl. & So’n May..........
(/1N.Y.C.&H.R. May. .... .. 3,643,403 3,474,437 17,683,810 16,538,642
N. Y. L. E. & W . April........ 2,495,235 2,234,032 9,432.908 8.751.994
576 334 516,619 2,242,01*7 2,050,132
N. Y. Pa. & Ohio A p ril........
475,537 481,950 1,360,888 1,345,771
N. Y .& N .E n g .. M arch......
188,145
198,274
48,334
45,286
N. Y. &North’n. M ay..........
57,117 1,390,374 1,217,086
73.434
N. Y .O n t & W.. 2dwk June
451,858
483.481
126.933
134,939
N.Y. Susq. & W.. April........
142,439
43,663
N orf. & South’n. A p r il.. .. ..
Norfolk & West.. IstwkJune 180,053 149’,8Ö7 3,950,081 3,673,SOI
248,493
209,851
84,886
76.710
N’theast’n (8. C.) March___ _
542,282 542.979 2,212,317 2.049,426
North’n Central. April........
9,259,395
Northern Pacific IstwkJune 427,632 451.296 8,754.235 1,996,052
95,931 2,211.893
Wis. Ct. Lines. IstwkJune 105,559
II,
255,446
N.P.& W.Cent. IstwkJune 533,191 547,227 10,966,129 1,705,094
80,544 1,725,584
83.160
Ohio & Miss...... IstwkJune
241,189
.253.348
14,525
16,225
Ohio R ive r....... IthwkM ay
229,624
262.306
29,934
42,632
Ohio Southern.. M ay..........
143,187
184,997
42,927
40,05o
Omaha & St. L . . April........
1,209,506
1,164,407
305,335 293,906
Oregon Imp. Co. A p ril........
20,649,504
Pennsylvania .. April........ 5,746,730 5,379,003 21,423,372
352,067
359,576
13.500
13,508
PeonaDeo.&Ev. IstwkJune
191,277
192,472
52,994
53,166
Petersburg....... A p ril........
1,370,061
1,467,690
Phila. & E rie... A p ril........ 409,795 386,533
6,344,733
7,038,022
l,6i0,326
1,701,441
April........
Phila. AR ead ’g.
5,250,067'
Coal&IronCo. A p ril........ 1,630,304 1,305,696 6,691,339 11,594,801
TotalbothCos. April........ 3,331,745 2,916,023 13,729,361
17,066
16,793
2,915
2,912
Pitts. Mar. & Ch. M ay..........
104.496
140,460
21,360
26,646
Pitt.Shen.&L.E. May.........
107,049
94,819
94,819 107,049
Pittsb. & West’n January...
29,371
38,047
29,371
38.047
Pitts.Clev.&T. January...
15,589
15,116
15.589
15,116
Pitts.Pain.&F. January...
854.166
985,227
48,565
43,r01
Total system IstwkJune
308,817
527,560
67,490
Pitt.Young.& A. May.......... 136,978
135,065
76,575
41,753
21,898
Pt. Royal & Aug. March......
134,766
84.680
40,305
30,591
Pt.Roy.&W.Car. March......
44,261
49.0
00
11,548
16,200
Pres.&Ariz.Cen. May........ .
102,236
108,518
20,406
17.710
Quincy O.&K.C. May..........
526,900
432.900
Rich.&Danville. January... 432.900 526,900
183.300
141,500
Vir. M idland.. January... 141,500 183.300
95,700
68.500
95,700
68.500
Char.Col.&Au. January...
90.906
71,6oO
90,900
71,600
January...
Col. & Greenv.
82,506
63.500
82.500
63.500
West. No. Car. January...
168.300
182.900
168.300
182.900
January...
Georgia P a c ..
9,900
9,720
9,900
9,720
Wash.O.& W-- January...
14,000
11,700
14.000
11,700
Ashv. & Spart. January...
5.889.903
5,383,792
Total Sys’m. IstwkJune 245,080 255.030
110.794
116,124
30,437
32.047
Rich. & Petersb. A p ril........
87,762
253,514
6,039
13,9»3
R io Gr’de South. 2dwk June
957,716
1,004,546
39.000
40.000
Rio Gr. W e s t.. IstwkJune
36,884
40,029
7,927
8,815
Sag.Tuscola&H. May..........
571,336
595,480
19.010
24.840
St.L.A.&T.H.B’ s IstwkJune
8,293
14,935
1,877
3,052
St. L.Ken’et. & So May..........
63.590 1,706,276 1,670,638
65,049
St.L. Southw’rn. IstwkJune
5»0,210
666,565
St. Paul & Dul’tb M a y ......... 127,657 170,948
584.446
532,159
San Ant.& A .P .. M ay.......... 138,952 123,586
3,551
2,1-5
55C
319
May..........
Sander sv.& Ten.
284,044
299,153
28.425
31,080
S. Fran.&N. Pac 4thwkMay
195,912
184,676
37,166
36,947
Sav. Am. & Mon. M ay.........
983,979
924,447
298,769 338.087
Sav.Fla. & West. March......
28,17913,003
13,120
6,000
May..........
S ilverton ..........
140,450
134,044
37,392
33.000
Sioux City & No. A p ril........
40,035
14,758
March......
South Bound...
721.446
579.311
88.500 100,173
South Carolina May........
37,936
29,453
11,760
10,761
Spar. Un. & Col. March......
So. Pacific Co.—
1,334,901
1,403,521
342,699
370,824
Gal.Har.&S.A April........
292,694
34i,475
65,903
68,996
Louis’a West. A p ril........
367.469 321,495 1,647,701 1,855,460
Morgan’ sL&T A p ril.-----48,496
65,226
14,781
19,094
N .Y .T .& M e x April.......
480,128
534.312
121,584 120,061
Tex. & N. Orl April.......
953,672 871,574 4,040,779 4,043,417
Atlantic sys.d. A p ril.......
10,307,575 10,574,910
Pacific system A p ril....... 2,798,947 2,871,753
3,743,326 14,348,353 14,618,327
3,752,62C
Total o f all.. A p ril.......
So Pac. R R.—
571.369
612,816
167,722 166,293
Coast Div (Cal. A p ril.......
2,016,036
633,668 528, b7£ 2,357,342
Seu. Div. (Cal April.......
649,738
621,316
166,463
163,164
Arizona D iv. A p ril.......
341,19*
332,076
90,63t1
87,915
New Mex. Div JApril......
J u k e 18, 1893.]
R oads
THE
Latest Earnings Reported.
Week or Mo
1892.
1891.
C H R O N IC LE.
Jan. 1 to Latest Date.
1891.
Latest Gross E arn in gs by W eeks.— The latest weekly
earnings in the foregoing table are separately summed u d as
follows:
Only 10 roads have reported for the second week of June
and these show a gain of 13-54 per cent.
Chicago Milw. & St. Paul.
D enver & Bio G rande...
*Grand Trunk of Canada.
Lon g Island....................
Milwaukee & Northern..
N ew Y o rk Ont. & W est...
Bio Grande Southern___
Toledo Col. & Cincinnati.
Toledo & Ohio C entral...
Wheeling & Lake E rie...
'
1892.
1891.
$
603.738
171,300
350,586
103,272
30,902
73,434
13,983
6,030
31,178
31,105
$
496,619
158,000
338.556
93,056
32,107
57,117
6,039
6,778
29,555
28,923
$
107,119
13,300
12,030
10,216
1,246,750
170,731
168,778
T otal (10 roads).......... 1,415,528
N et increase (13-54 p. c .).
Increase.
16,317
7,944
1.623
2,182
Decrease
1,205
” ‘ 748
1,953
The exhibit for the first week of June is quite favorable, the
gain in the aggregate on the 79 roads included in the state
ment below reaching $406,345, or 6*18 per cent.
ls i week o f June.
P rev ’ly report’d (1 lroads)
Atchison Top. & S. F e . ..
Roads j ’tly owned *a..
St. Louis & S. Fran.......
Roads j’tly owned *a.
Balt. & Ohio Southwest’n
Buffalo Boch. & Pittsb...
Canadian Pacific.............
Chesapeake & O hio. .. .. .
Caloago & East. Illin o is..
Chicago & Grand Trunk..
Chic. St. P. & Kan. City..
Chicago & West Michigan
Cincinnati Jack. & Mack.
Cin.N.O. &T.Pac. (5 roads)
Cleve. Cin. Chic. & St. L ..
Peoria & Eastern.........
Colorado Midland...........
Col. Shawnee & Hocking.
Current R iv e r................
D etroit Gr. H. & M ilw ...
D etroit Lans. & Northern
Evansville & Indianap...
Evans. & Terre Haute....
F lin t & Pere Marquette.
Grand Rapids & Indiana.
Cincinnati R. & Ft. W ..
Other lines...................
In te m a t’l & Gt. North’n.
Kanawha & Michigan___
Kansas City Clin. & S pr..
Kan. City Ft. S. & M em ..
Keokuk <fc W estern.........
Lake E rie & Western___
L ittle Rock & Memphis..
Louisv. Evansv. & St. L . .
Louisville & N ash ville...
Louis.N . Albany & Chic.
Louisv. St. Louis & Texas
M exican Central............
M exican National...........
Mo. Kansas & Texas......
Mo. Pacific & Iron M t...
N ew Y ork Ont. & W est..
Norfolk & Western ......
1892.
1891.
$
1,426.832
617,480
36,450
107,589
35,773
49,710
49,088
394,000
157,691
79,420
66.610
104,993
31,601
11,091
133.480
246,119
29,449
42,678
15,370
3,064
21,703
18,550
6,593
24.850
47.439
43,651
8,350
3,717
59,162
7,245
4,719
81,489
4,816
54,469
7,963
23,839
373,460
62,577
11,433
132,163
68,653
186,263
423,000
„ 65,367
180,053
¥
1,258,116
601,564
32,124
106,322
31,527
49,041
55,139
372,000
157,341
73,022
58,788
84,667
29,997
12,025
136,271
236,536
27,800
38,776
10,103
2,670
19,210
20,765
6,189
20,441
48,905
41,791
6,658
3.990
61,392
5,010
4,346
71,078
6,705
49,353
- 10,399
26,760
337,015
55,873
8,759
118,708
79,197
172,083
395,000
55,159
149,807
Increase.
$
168.839
15,916
4,326
1,267
4,246
669
22,000
350
6,398
7,822
20,326
1,601
9,583
1,649
3,902
5,267
394
2,193
404
4,409
1,860
1,692
2,235
373
10,411
5,116
36,145
6,704
2.674
13,155
14,1 aO
28,000
10,208
30,246
1892.
1891.
Northern P acific............
Wisconsin Central lines
Ohio & Mississippi.........
Peoria Dec. & E va n sv...
Pittsburg & Western......
Rich. & Danv. (8 roads).
St. Joseph & Gr. Island..
8t [L. Alt. & T. H. Br’ches
8t. Louis Southwestern..
Texas & P a c ific ..............
Toledo Peoria & West’ n..
Toledo St. L. & Kan. City.
Wabash........................
¥
427,632
105.559
83,160
13,508
43,801
245,0 30
38,167
24,840
65,049
91,390
16.314
23,433
234,700
$
451,296
95,931
80,544
13,500
48,565
255,030
15,468
19,010
63,590
107.815
16.564
31,165
221,700
Total (79 roads).-.........
Net increase (6-18 p.o.)
6,977,945
6,571,600
1890.
¥
$
*
*
Staten Isl. R. T. M a y ..
94,000
94,051
339,359
331,342
StonyCl.&CMt.. April.
1,857
1,825
5,799
5,188
Bummit Branch. April.
109,496 105,913
423,358
405,893
Lykens Valley A p r il
85,611
80,455
318,378
239,850
T ot’l both Co’s April.
195,107 186,368
741,736
695,741
Xenn. Midland.. M a y ..
17,037
69,883
16,756
77,244
Texas Central.. March......
14,474
55,402
Texas & Pacific: IstwkJune
91,390 107,815 2,616,836 2,726,955
Tex.8.Val&N.W. May.
3,201
18,296
3,238
17,008
Xol. A . A.& N. M. M ay..........
76,412
74,033
422,970
403.7 U
Xol. Col. & C in .!2d wk June
6,030
137,161
6,778
148.863
Xol.& Ohio Cent. 2dwk June
31,178
29,555
641,326
596.656
X ol.P. & W est..¡IstwkJune
16,314
416,011
16,564
381,880
Xol. St. L. &K.C. IstwkJune
28,433
34,165
806,713
727,150
Tol.& So. H aven April........
2,177
2,453
7,836
8,215
Ulster & D e l.. .. 'A p r il.___ _
31,729
30,304
101,157
91,272
Union Pacific— I
Or. S.L. & U. N. A p ril........
553,237 629,105 2,041,134 2,423,019
Or.Ry.&N. Co. A p ril........
324,512 433,752 1,207,905 1,665,841
UmPac.D. & G. IA p ril........
417.443 388,078 1,688,227 1,537,503
St. J o. &G’d Isl. •1stwk J une
38,467
15,468 • 483,719
313,319
A ll oth. lin es.. -April
1,709,966 1,717,040 6,760,024 6,259,338
Tot.U.P.Sys. |April
3,083,885 3,238,867 12,060,370 12,123,736
Cent. Br. & L.LJ A p ril
85,746
60,012
403,619
206,403
Tot. cont’led ¡April
3,169,631 3,298,879 12,463.989 12,330,139
Montana U n.. April.
86,620
46,984
359,712
303.338
Leav.Top. & 8. April.
7,210
3,127
13,666
9,539
Man. Al. & Bur. April.
3,391
3.751
12,537
13,239
Joint.own’d,.. April.
97,221
53,862
38 =>,914
326,115
Grand total. A p r il..
3,218,242 3,325,810 12,656.946 12,493,197
Vermont Valley A p ril.____
15.825
14,446
56,534
52,635
Wabash............. IstwkJune 234,700 221,700 5,593,736 5,21.8,308
West Jersey...... A p ril........
111,176 108,506
391,345
385,469
W.V.Cen.&Pitts. M ay..........
88.826
97,679
434,638
455,120
Western o f Ala. April........
32,421
38,127
153,472
193.338
W est.N.Y. & Pa. 4thwkMay
86,900
96,800 1,334.037 1,371.389
W eetVir.&Pitts. Mar eh......
25,114
8,698
64J557
23,752
Wheeling & L. E. 2dwk June
31,105
28,923
617,915
549,659
Wil. Col. & Aug. March......
85,207
93,092
230,547
299,097
Wrightsv. & Ten. M ay..........
5,018J
5,915 . 27,706J
38.298
* Figures cover only that part of mileage located in South Carolina
t Earnings given are on whole Jacksonville Southeastern System
6 Kansas City & Pacific included in both years, e Western & A tla n
tic included in 1892, but not in 1891.
d Includes earnings from ferrics, etc., not crivon separately.
1 M exican currency.
f Figu res
include Borne W atertown & Ogdensburg.
6
2d week o f June.
Is* week o f June.
Decrease.
$ ~
123
6,051
934
2,79 1
2,215
1,466
273
2,230
*
1,889
2,436
2,921
...........
10,544
1005
Increase.
$
9.628
2,616
8
22,999
5,830
1,459
13,000
501,003
408,315
Decrease»
S
23,664
4.764
9,950
16,425
250
5,732
94,658
Net E arn in gs M onthly to Latest Datps.— The follow ing
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which w e can get returns of this character,
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for the
convenience of our readers all the roads making returns are
brought together here in the week in which w e publish our
monthly article on net earnings— say on or about the 20th of
the month. A paragraph mark (IT) added after the name
or a road indicates that the figures for that road have not pre
viously been given, but appear for the first time in this issue.
Dross Earnings•.— ^,---- Net Earnings.----- -v
1892.
1891.
1892.
1891.
Roads.
$
$
$
$
Allegheny V alley..flA p r.
212,183
195,723
81,582
80,565
Jan. 1 to Apr. 3 0 ...
785,726
767,206
279,560
289,389Mar. 1 to Apr. 30...
415,160
393,706
145,603
150,501
At. T. & 8. Fe b ...... Apr. 2,715,767 2,504,234
773,683
753,43»
Jan. 1 to Apr. 30... 10,264,901 9,390,289 2,565,372 2,567,431
July 1 to Apr. 30.. !28,849,007 26*,46o’,202 8,977,234 7,745,421
R ’ds j ’tly own. (ia) b Apr.
153,276
150,005
42,186
1,145
Jan. 1 to Apr. 3 0 ...
555,004
528,745
54,027 def.22,619
July 1 to Apr. 30... 1,460,724 1,404,137
159,947 def.26,157
T otalA tch. sys..b-A pr. 2,869,043 2,654,239
820,869
759,574
Jan 1 to Apr. 3 0 ... 10,819,905 9,919,034 2,619,399 2,544,81(1
July 1 to Apr. 30." ” 30,309,730 27’864|336 9,137,179 7,719,260
St. L .& S a n F r...b ,A p r.
477,394
507,850
183,254
194,851
Jan. 1 to Apr. 3 0 ... 2,009,870 1,973,510
735,429
739,581
July 1 to Apr. 3 0 ... 5,953,370 5,683,904 2,603,061 2,477,514
R ’ds i’tly own. (iß) bApr.
147,976
146,566
; 40,421
3,197
Jan. 1 to Apr. 3 0 ...
541,903
517.357
55,778 def.16,55!.
July 1 to Apr. 3 0 ... 1,429,239 1,373,641
178,904
daf. 6ui
Tot. S.L&S.F.Sys. bApr.
625,369
654,416
223 674
198.04Ì
Jan. 1 to Apr. 3 0 ... 2,551,772 2,490,867
79l,’-206
723,028
July 1 to Apr. 3 0 ... 7,332,608 7,057,544 2,781,964 2,476.907
A ggregate total, b. Apr. 3,494,412 3,308,655 1 ,0 4 4 , 5 4 3
957,62Î
Jan. 1 to Apr. 3 o... 13,371,677 12,409,901 3,410,605 3,267,840
July 1 to Apr. 30...37,692,338 34,921,881 11.919Ì143 10|l96!l7
Baltim ore & Ohio—
Lines E. Ohio R .b ffM ay 1,563,559 1,527,731
495,948
511,348
Jan. 1 to May 3 1 ... 7,614,019 7,185,008 2,220,550 2,308,963
Oct. 1 to May 31...12,624,193 11,981,399 3,7c0,262 3,968,705
Lines W. o f O.R.bfl May
494,561
451,898
23.961
50.481
Jan. 1 to May 3 1 ... 2,023,416 1,743,617
283,513
315,111
Oct. 1 to M ay 3 1 ... 4,118,313 3,632,210
615,149
562,546
Total system .b1[ May 2,018,780 1,965,359
519,909
561,828
Jan. 1 to May 31... 10,092,656 9,366.252 2,504,063 2,624,073
Oet. 1 to May 31... 16,742,506 15,616,609 4,395,411 4,531,251
B. & O. Southw..b.Mar.
218,299
185,723
67,229
64.63C
Jan. 1 to Mar. 31
664,175
“
541,103
216,743
183,3o7
Birm. & A tla n tic ..b jlApr.
3,598
4,333
481
1.384
Jan. 1 to Apr. 3 0 ...
12,890
18,736
303
4,961
July 1 to Apr. 30...
36,270
57,729
6,027
19,391
Bir.Shef.&Tenn.RbUApr.
16,069
14,294
5,649
5.015
Jan. 1 to Apr. 30...
72,592
56,391
28,912
18,551
Buff. Roch. & P ittsb .A pr.
285,494
246,302
97,948
84,458
Jan. 1 to Apr. 3 0 ...
982,790
836,475
285,964
218,321
July 1 to Apr. 30. .. 2,476,126 2,062,905
773.038
546.638
Burl. Ced. R. & No. a If Apr. 292,957
254,267
60,839
61,266
Jan. 1 to Apr. 30... 1,325,803 1,077,423
410,978
322,454
Camden & A tlan .afîA p r.
40,793
39,190
2,449
3,067
Jan. 1 to Apr. 30... |142,674
149,953 def.30,691 d e f.ie ’.OJ
Canadian P a cific.a ..A p r. 1,671,317 1,608,308
612,632
599,48
Jan. 1 to Apr. 3 0 ... 6,326,588 5,822,062 2,050,350 1,763,07
Central P a c ific ...b tf Apr. 1,173,279 1,340,293
519,222
613,43»
Jan. 1 to Apr. 3 0 ... 4,235,072 4,794,084 1,598,658 2,068,60!
Char. Cin. & Chic...HApr.
9,877
10,753 def.7,246 def.5.44
Jan. 1 to Apr. 3 0 ...
50,716
50,390 def.5,875 def. 10,4"
Cheraw&Darl’ton II b Apr.
5,180
6,464
430
def. 11
Jan. l to Apr. 30...
29,934
41,394
9,422
17,76
Chesaoeake&Ohio. a. Apr.
672,236
670,407
150,363
135,14
Jan. 1 to Apr. 3 0... 2,765,933 2.613.8U4
633,905
59 4,70
July 1 to Apr. 3 0 ... 7,567,958 6,725,472 1.937.003 1,746,63
Ches.O. & Southw.jfbApr.
172,990
170,052
54,742
38,33
Jan. 1 to Apr. 3 0 ...
708,248
737,362
237,230
212,44
Chic. Bur. & North. bUApr.
169,188
174,804
53,202
78,29
Jan. 1 to Apr. 3 o ...
666,146
658,611
225,824
263,85
Chic. Burl.& Quin.b.Apr. 2,757,629 2,484,668
683,663
919,48
Jan. 1 to Apr. 30...12,087,570 9,541,681 3.884.3 703,043,29
Ckic.M il.&St.Paul.aApr. 2,428,016 2,105,560
697,795
596,141
Jan. 1 to Apr. 3 0 ... 9,894,076 8,062,641 3,035,246 2,280,75i
July 1 to Apr. 30...27,447,111 23,259’,062 io ’,094,145 7,910,65!
Chic. & West Mich, a Apr.
173,782
143,534
53,623
52,30!
Jan. 1 to Apr. 3 0 ...
601,897
511,616
150,896
148,00!
Cin. Jack. & Mack. H Apr.
52,372
56,782
10,977
14,09'
Jan. 1 to Apr. 3 0 ...
212,983
244,080
46,635
62,211
July 1 to Apr. 3 9 ...
590,036
617,124
151,399
158,901
Jin.N.O. & Tex. P.UaApr.
328,698
343,422
63,858
115,371
Jan. 1 to Apr. 3 0 ... 1,359,200 1,375,975
291,581
418,90!
July 1 to Apr. 3 0 ... 3,646,002 3,703,717
974,803 1,170,34«
Ala. Gt.South’nHa.Apr.
128,143
150,099
14,349
49,92«
Jan. 1 to Apr. 3 0 ...
584,379
612,800
109,010
218,17i
July 1 to Apr. 3 0 ... 1,599,426 1,648,224
378,966
538,00;
1006
THE
C H R O N IC LE .
[V
>h,
L1Y.
-Net Earnings.—
-Gross Earnings.----Net Eannngs.— Gross Earnings.1891.
1892.
1891.
1892.
1891.
1892.
1891.
Roads.
1892.
$
9
9
9
Roads.
$
$
$
Cin. N. O. & T. P. (C on .)
$
64,495
135,895
138,594
47,253
23,802 Milw. & N o rtii.a .....A p r.
13.000
87,256
,N. O. <&No’east.TIaApr.
90,755
515,329
190,637
146,198
511,426
Jan.
1
to
Apr.
30...
93,717
74.000
372,937
Jan. 1 to Apr. 3 0 ...
399,258
547,333
536,673
July 1 to Apr. 3 0 ... 1,480,125 1,368,440
231,934
246,000
966,382
* July 1 to Apr. 3 0 ... 1,076,536
33,921
117,355
32,653
140,316
4,776 Minn. & St. Lou is.a .. Apr.
45,500 def.2,000
43,478
Alabama & ViekTTaApr.
243,933
184,799
478,571
592.506
Jan. 1 to Apr. 3 0 ...
44,726
25,000
208,079
207,213
..Jan. 1 to Apr. 3 0 ...
491,173
.
707,589
1,338.850
1,670,266
J
u
l
y
l
to
Apr.
30...
150,538
137,000
563,352
600,910
J u l y l to Apr. 3 0 ...
61,167
84,876
175,331
238,635
5,066 Minn. St.P.& S.S. M.TTApr.
42,441 def.2,000
34,675
Vicks. Sh.&Pac.aH Apr.
211,160
309,387
631,442
923,067
Jan. 1 to Apr. 3 0 ...
60,287
36,000
204,542
188,504
Jan. 1 to Apr. 30...
156.132
165.000
559,032
564.901
419,919
533,781
July 1 to Apr. 30...
Mo. Pac.&Iron ML.bMar. 2,169,242 1,943,052
198,943
87,007
668,718
Jan. 1 to Mar. 3 1 ... 6,381,127 5,763,044 1,490,436 1,226,687
625,749
Total system ... all Apr.
835,805
536,391
Jan. 1 to Apr. 30... 2.738.554 i.7 7 4 , 3 3 3
128,876
139,420
305,378
Nash.Chat. <VSt. L.tbM ay
418,116
July 1 to Apr. 3 0 ... 7 487,775 7,440,710 1,901,772 2,246,967
605,941
747,395
Jan. I to M ay 3 1 ... 2,081,163 1,561,946
2,547
18,576
988
20,002
Cin. Ports. & Vir.Tib. Apr.
July 1 to Maj 3 1 ... 4,952,301 3,636,944 1,877,776 1,478,151
717
4,875
64,690
6 »,768
Jan. 1 to Apr. 30...
1,047
def.943
14,571
New Oii.& S ou th .afA p r.
10,721
22,213
15,134
50,652
70,021
Cin. Wab. & Mich.aTTApr.
869
56,458 def.3,068
Jan. 1 to Apr. 3 0 ...
45,103
74,640
185,372
45,839
255,068
Jan. 1 to Apr. 30...
809,102
734.057
N.Y.Ii.E.&W estern.cApr. 2,495,235 2,234,032
22,278
23,270
80,676
84,401
Clev. Akron &Col.aTT Apr.
Jan. 1 to Apr. 3 0... 9,432,903 8,751,994 2,791,996 2,808,857
69,196
76,458
289,318
298,219
Jan. 1 to Apr. 3 0 ...
Oct. 1 to Apr. 30... 17,63 2 ,640 16,356,792 5,504,415 5,376,713
196,917
746,684
213,583
793,602
July 1 to Apr. 30...
4.449
5,011
N .Y. & Northern.bTl .Apr.
40,5r/3
37,814
19,673
54,506
22,298
63,972
O.evel. Can. & So...b. Apr.
13,371
10,935
Jan. 1 to Apr. 3 0 ...
152,988
139,811
72,532
57,635
176,421
209,898
Jan. 1 to Apr. 30...
67,229
61.737
July 1 to Apr. 3 0...
428,161
388,851
183,214
511,060
214,280
614,417
J u l y l to Apr. 30...
48,338
71,137
N .Y . Ont.&West’ n a.Apr.
281,484
228,080
316,486
252,504
Oiev.Cin. C.& St. 1 . .aApr. 1,043,713 1,040,052
148,899
166,260
Jan. 1 to Apr. 3 0 ...
952,510
870,113
4.242,675 4,160,152 1,102,069 1,164,316
517,937
624,192
July I t o Apr. 30__ 2,626,360 2,296,878
1,554,886 11,046,965 3,350,196 3,247,684
53,137
56.274
N. Y . Sus. & W est.b . Apr.
134,939
126,933
11,214
38,097
125,671
139,210
Peoria & E. Div.aTTApr.
131,169
196,076
Jan. 1 to Apr. 3 0 ...
483,481 451,858
75,326
492,640
159,746
570,674
Jan. 1 to Apr. 30...
20,878
43,663 .............
227,536 N orfolk & South’n..bApr.
443,984
July 1 to Apr. 3 0... 1,556,466 1,275,734
53,709
Jan. 1 to Apr. 3 0 ...
142,439 .............
8,947
28,093
31,026
6,761
Cleve. & MariettaU.Apr.
258,058
227,388
Norfolk
&
West’n
.a
..
Apr.
788,320
763,052
29,955
115,366
24,623
105,111
Jan. 1 to Apr. 3 0 ...
813,293
815,682
Jan. 1 to Apr. 3 0 ... 3,033,523 2,810,325
71,913
77,328
308,057
282,071
July 1 to Apr. 3 0...
187,420
151,459
542,282 542,979
14,512 Northern Central, b. Apr.
13,772
Colorado Fuel Co___ Apr.
595,839
613,625
Jan. 1 to Apr. 3 0 ... 2,212,317 2,049,426
114,147
91,386
Jan. 1 to Apr. 30...
749,584
750,614
250,162 Northern Paciflc.TTb. Apr. 1,761,451 1,905,261
272,979
July 1 to Apr. 3 0 ...
2,433,467
Jan. 1 to Apr. 3 0... 6,625,481 6,905,327 2,401,749
42,821
44,602
169.703
179,476
Colorado M idland.b. Apr.
July 1 to Apr. 30...20,877,014 21,352,941 8,756,894 8,982,219
167,142
158,757
644,039
660,139
Jan. 1 to Apr. 30,..
155,039
135,468
504,805
449,329
Wis. Cent. lines.TTbApr.
431,069 404,618
July 1 to Apr. 30... 1,724,472 1,624,450
505,330
508,280
Jan. 1 to Apr. 3 0... 1,683,712 1,509,416
8,745
33,609
12,067
49,634
Col. Shaw.& Hock...Mar.
1,621,161
1,678,468
July
1
to
Apr.
3
0
...
4,585,287
4,428,482
98,917
42.618
29,828
155,431
Jan. 1 to Mar. 3 1 ...
904,622
886,082
Tot.both Co.’ s.TI bApr. 2,192,520 2,309,879
212,117
236,299
656,936
624,680
Deny. & R. Grande.bApr.
Jan. 1 to Apr. 30r.. 8,309,194 8,414,743 2,908,030 2,968,796
2,469,992
1,131,121
665,953
Jan. 1 to Apr. 30... 2,751,748
July
1
to
Apr.
30...25,462,300
25,781,423
10,435,36410,603,378
July 1 to Apr. 3 0 ... 7,370,168 7,454,925 3,132,324 2,809,409
92,492
297,373
309,242
39,137
12,033
8,881 Ohio & Mississippi..aAnr.
28,594
26,371
Des Mo.No. & W . .b Tl Apr.
341,015
Jan. 1 to Apr. 3 0 '.. 1,328,460
1,291,847 245,651
34,091
97,193
54,274
126,886
Jan. 1 to Apr. 30...
974,944
July I t o Apr. 30... 3,616,271
3,471,344 924,002
8,805
32,576
8,927
29,138
D et.Bay City& Al.bT! Apr.
13,394
50,061
48,532
16,897
64,919 Ohio R iv e r .b ........... Apr.
48,388
121,903
157,408
Jan. 1 to Apr. 3 0 ...
54,889
Jan. 1 to Apr. 30...
190,948
183,089
66,960
26,752
105,193
24,107
99,277
Det. Lans. & N orth.aA pr.
31,894
305,335
293,903
49,931
75,744
92,299 Oregon Imp. C o .a ...A p r.
368,686
374,032
Jan. 1 to Apr. 3 0 ...
165,166
Jan. 1 to Apr. 3 0 ... 1,164,407
1,209,506 197,110
23.186
25,858
58,203
74.3H5
E lgin Joliet & E .. .a.Mar.
218,124
Dec. 1 to Apr. 3 0 ... 1,462,245
1,551,890 237,393
63,265
50,696
204,273
154,170
Jan. 1 to Mar. 31...
5,379,0031,738,122 1,608,534
150,204 Penn, (east P. & E .).A p r. 5,746,730
473,882
221,028
621,391
July 1 to Mar. 3 1 ...
Jan. 1 to Apr. 30...21,423,372 20,649,504 6,028,881 5,932,147
76,390
67,214
230,412
259,469
F lin t& Pere Marq.a,.Apr.
42,504
Lines west of P.&E. Apr.
In c . 453,711
Deo.
264,469
293,739
Jan. 1 to Apr. 30... 1,036,335 1,026,564
In c . 519,333
Jan. 1 to Apr. 3 0 ...
In c .1,947,335
10,593
40,726
138,366
105,093
Georgia R R ...... .TTaApr.
24,326
28,335
Petersburg.
.
.
.
.
.
.
aTT
Apr.
53,166
52,994
240,911
674,305
72,908
490,429
Jan. 1 to Apr. 3u...
73,708
98,093
Jan. 1 to Apr. 3 0 ...
192,472
191,277
624,845
294,589
July 1 to Apr. 3 0 ... 1,380,899 1,660,611
164,829
214,305
July 1 to Apr. 3 0 ...
431,162
437,963
14,889
13,316
54,393
58,922
Ga.South’n & Fla.bU Apr.
156,867
139,142
409,795
386,533
67,283 Philadelphia & Erie. .Apr.
63,050
235,836
247,708
Jan. 1 to Apr. 30...
466,252
415,087
Jan. 1 to Apr. 3 0 ... 1,467,690 1,370,061
219,595
193,938
651,498
649,576
July 1 to Apr. 30...
686,455
688,767
87,076 Phila. & R ea d in g....A p r. 1,701,441 1,610,326
75,607
270,131
255,036
Grand Rap. & I.sys.TI Apr.
Jan. 1 to Apr. 3 0 ... 7,038,022 6,344,733 2,929,085 2,590,290
274,751
281,851
948,259
1,013,991
Dec. 1 to Apr. 3 0... 8,919,545 8,030,844 3,836,770 3,289,938
&
&
£
&
1,630,304 1,305,696 def.23,505 def.80,464
Coal & Iron Co...... Apr.
102,832
311,251
9.1,305
331,304
Grand T r’k of Can.Tf Apr.
Jan. 1 to Apr. 30.
6,691,339 5,250,067 def.49,309 df.320,987
279,258
315,823
Jan. 1 to Apr. 3 0 ... 1,259,155 1,191,117
23,015 Idf.311,120
Dec. 1 to Apr. 30.
8,475,761 6,856,443
-----16,620
14,878
64,031
68,437
Chic. & Grand Tr..TTApr.
665,262
605,991
Total both Co’ s___ A p r.
3,331,745 2,916,023
62,121
258,131
64,631
273,063
Jan. 1 to Apr. 3 0 ...
Jan. 1 to Apr. 30.13,729,361 11,594,801 2,879,776 2,269,302
4,294
19,220
4,338
20,174
D et Gr. H. &Mil..TTApr.
Deo. 1 to Apr. 30.17,395,306 14,887,288 3,859,785 2,978,819
12,411
13,194
73,467
78,651
Jan. 1 to Apr. 30...
Inc 28,736
Ino. 178,663
Pitts. C. C. & St. L ... Apr.
9
$
9
9
Inc.130,145
Inc. 657,729
Jan. 1 to Apr. 30...
d e f.22
def.150
2,933
2,434
G ulf & Chicago..Tib.Apr.
710
794
3,492
3,538
11,532
12,159 def.2,614 def.1,410 Pitts. Mar. & Chic.TTbApr.
Jan. 1 to Apr. 30...
2,715
1,561
14,151
13,881
Jan.
1
to
Apr.
30...
253,023
266,498
Illin ois Central___a A p r. 1,410,308 1,376,572
11,712
58,056
67,490
136,978
3,482,910
Pitts.
Youngs.
&
A.TIM
ay
5,726,394
1,460,111
6.051,969
79,684
202,883
308,817
527,560
Jan. 1 to M ay 3 1 ...
16,227,582 15,046,656 4,566,754 4,512,831
3,749
4,827
9,524
9,660
2,791
3,458 Pres. & Ariz. Cent.lfApr.
31,458
32,291
l u i . Dec. & W est.. .TTApr.
.
3,655
12,575
32,713
32,800
Jan. 1 to Apr. 3 0 ...
36,875
33,208
141,415
150,875
Jan. 1 to Apr. 30...
111,810 Quin.Om. & K. C.bT! Apr.
106,595
399,218
429,503
4,549
July 1 to Apr. 30...
3,907
19,306
19,112
24,693
29,101
81,824
90,808
Jan. 1 to Apr. 3 0 ...
268,060 def.35,803 def.26,885
270,811
Int. & Great Nor...TTApr.
1,717
Jan. 1 to Apr. 30... 1,136,983 1,114,200 def. 86,295 df. 126,447 Rich. & Petersb’gaTT Apr.
10,729
30,437
32,047
19,945
110,794
34,038
116,124
33,648
Jan. 1 to Apr. 3 0...
127,784
22,187
127,730
Io w a Central, b ........Apr.
. 69,637
75,618
267,216
275,615
179,577
July 1 to Apr. 3 0 ...
597,771
553.868
151,668
Jan. 1 to Apr. 30...
477,890 Rio GrandeSouth .bTT Apr.
498,144
8,865
July 1 to Apr. 30... 1,623,890 1,491,934
23,060
16,396
45,169
29,409
87,633
53,131
170,237
1,536
Jan. 1 to Apr. 3 0...
183
- 2,985
3,388
Iron R a ilw a y .___b TTApr.
5,745
417
06,470
13,122
10,290
Jan. 1 to Apr. 30...
74,152
212,952
193,730
Rio Grande West’n.bApr.
231,303
227,235
719,816
749,196
Jan. 1 to Apr. 3 0 ...
36,153
75,470
36,438
75,443
Jack. Tam.& K. W...Apr.
742,013
817,097
July 1 to Apr. 3 0 ... 2,195,231 1,919,469
174,511
348,522
186,731
364,693
Jan. 1 to Apr. 30...
306,822
220,115 Sag. Tus. & Huron aTTApr.
2,113
604,292
679,804
July 1 to Apr. 30...
2,638
8,100
9,248
8,663
9,403
28,957
31,253
100,065
Jan. 1 to Apr. 3 0 ...
64,0 3
379,592
383,931
Kan.C. Ft.S.&Mem.aApr.
369,997
394,920 St. L. A. & T. H.bchs. b. Mar.
39,800
44,036
Jan. 1 to Apr. 30... 1,663,633 1,528,604
109,097
123,071
135,826
July 1 to Apr. 3 0... 4,244,909 4,000,244 1,209,391 1,118,973
149,050
339,801
359,151
Jan. 1 to Mar. 31__
6,862 St. L. Kennett & So. .Mar.
......... »
69,605
Kan.C. Mem. & B ir.aA pr.
91,376 def.6,329
2,320
1,661
3,162
50,199
55,741
365,591
387,349
Jan. 1 to Apr. 3 0 ...
4,609
6,500
9,135
......... *
Jan. 1 to Mar. 3 1 ...
230,580
218,201
July 1 to Apr. 30... 1,015,121 1,019,944
114,952
31,743
33,58 6
137,418
St. Paul & Duluth, b. Apr,
7,232
12,320
409,262
193,714
110,940
32,039
Keokuk & West’n.bTTApr,
29,015
538,908
Jan. 1 to Apr. 3 0 ...
55,149
53,162
Jan. 1 to Apr. 3 0 ...
639,928
463,260
134,193
125,317
July 1 to Apr. 30... 1,620,534 1,283,066
1,936
2,207 San Fran.&N.Pao.TTaMay
6,860
6,713
75,910
120,614
31,111
L.E rie A ll. & SouthaTTApr.
76,380
4,013
7,323
66,085
26,675
23,483
299, L53
284,044
56,816
Jan. 1 to Apr. oO...
Jan. 1 to M ay 31...
249,556
751,443
279,925
808,286
July 1 to May 31...
111,966
90,378
230,952
262,135
L . Erie & W est’n .b TTApr.
455,640
408,368 Sav. Am. & M on t...A pr.
13,913
963,239
37,432
12,821
1,086,814
Jan. 1 to Apr. 30
38,317
62,369
52,402
147,729
158,746
Jan. 1 to Apr. 30...
10,992
15,625
28,266
30,801
Leh. & Hud. River. TIbA^_.
182,121
417,340
159,079
418,359
July 1 to Apr. 30...
56,491
39,851
120,924
116,619
v Jan. 1 to Apr. 3 0 ...
110,484 Sav. Fla. & Western.Mar.
153,514
146,170
321,574
317,645
July 1 to Apr. 30...
106,128
298,769
338,087
431,583
380,191
924,447
983,979
Jan. 1 to Mar. 3 1...
473,421
469,087
Louis v. & NashvillebApr. 1,626,027 1,507,048
. . . ___
Jan. 1 to Apr. 30... 6.75U.674 6,179.383 2,272,467 2,214,166 Silverton................. Mar.
def.972
144
nil.
17,811,847 16,213,759 6,284,934 6,007,935 !
7,003
10,788 def.2,762
Jan. 1 to Mar. 3 1 ...
27,296 ' Sioux C ity& N or..b.M ar.
101,759
207,001
14,810
15,097
.
262,714
37,263
34,609
92,545 I
292,009
801,740
44,602
Jan. 1 to Apr. 30...
42,972
954,767
101,044
103,058
Jan. Ì to Mar. 3 1 ...
17,350
18,968
41,766
def.
10,189
16,791
49,368
lisv. St.L.& Tex. TT.Apr.
90,319
112,768
' South Carolina... bTl Apr.
81,106
60,835 j
151,362
192,152
212,064
Jan. 1 to Apr. 30...
621,273
106,155
490,811
Jan. 1 to Apr. 3 0...
430,761
544,916
July 1 to Apr. 3 0 ... 1,337,850 1,483,925
222,442
211,113
.
659,849
591,846
858,632
761,014
2,515,886 2,271,754
' Southern Pacific Co.—
56,929
62,437
370,824
342,699
{
Gal.
Har.
AS.
A
n
t.
b
Apr.
87,482
106,165
349,488
>.
332,097
197,745
256,701
Jan. 1 to Apr. 30. 1,403,521 1,334,3P1
397,630
381,622 '
Jan, 1 to Apr. 30.. . 1,324,881 1,393,985
THE
JCNB 18, 18SS.1
-Cross Earnings.—
Roads.
1892.
1891.
So. Pacific Co. (C o n .)—
$
$
68.996
65,903
bouisianaW est.. .bA pr.
Jan. I t o Apr. 30..
342,475
292,694
Moriçan’sLa. & T . b . Apr.
367,469
321,495
Jan. 1 to Apr. 30.. ] ,647,701 1,855,460
N .Y .T e i. A M e i . . bApr.
19,094
14,781
Jan. 1 to Apr. 30..
65,226
48,496
Texas & N. O ri..b.Apr.
121,584
120,06L
Jan. 1 to Apr. 30..
534,312
480,128
Tot. Atlan. sys..||bApr.
953,672
871.574
Jan. 1 to Apr. 30.. ,040,779 4,043,417
Pacific system oIT.Apr. ,798,947 2,871,753
Jan. 1 to Apr. 30.. 1 .307,575 10,574,910
Total of all.b 11.. Apr. : ,752,620 3,743,328
Jan. 1 to Apr. 30.1- ,348,353 14,618,327
167,722
Coast Division b.lTApr.
166,293
Jan. 1 to Apr. 3 0 ...
612,816
571,369
528,679
633,668
South’ nDivlsion bU Apr.
Jan. 1 to Apr. 3 0 ... ,357.342 2,016,036
163,164
166,463
Arizona D ivis’n.blf Apr.
621,316
619,738
Jan. 1 to Apr. 3 0 ...
87,913
90,639
NewM exicoD iv.bU Apr.
332,070
Jan. 1 to Apr. 3 0 ...
341,195
Staten I. Rapi d Tr. blf Apr.
Jan. 1 to Apr. 3 0 ...
July 1 to Apr. 3 0 ...
71,503
245,359
832,858
67,252
237,291
819,653
Stony Clove&C.M. blf Apr.
Jan. 1 to Apr. 3 0 ...
1,857
5,799
1,825
5,188
Summit B ra n d i..... Apr.
Jan. 1 to Apr. 3 0 ...
Lykens V alley..... Apr.
Jan. 1 to Apr. 3 0 ...
T o ta l both Co’s....A p r.
Jan. X to Apr. 30..
109,196
423,353
85,611
318,378
195,107
741,736
-Net Earnings. 1892.
1891.
*
$
26,245
23,667
159,531
89,529
29,927 d ef.ll,5 2 1
290,780
462,167
5,319
3,594
11,025 def.9,384
42,831
43,635
210,551
168,729
164,101
116,563
933,835
895,690
1,111,600 1,126,809
3,586,398 3,847,515
1,275,701 1,243,372
4,520,232 4,743,205
59,730
82,056
222,126
209,818
268.888
170,554
895,330
653,830
61,414
37.326
173,152
143,020
40,724
41,015
150,892
148,979
17,057
13,336
34,646
28,248
266,254
255,166
def.3,040 def.1,823
def. 3,8 47 def.2,867
105,913
def. 893
405,893
39,276
80,455 def. 10,694
289,8o0
13,606
186,368 le f. 11,592
695,741
52,902
2,547
36,100
def.3,378
def 3,118
def. 830
32,982
54,500
257,309
69,200
263,900
Tenn. Coal & I ’n Co. ITMay
Jan. 1 to M ay 31...
Tenn. M idland... bliA p r.
Jan. 1 to Apr. 30...
13,898
54,182
14,839
60,488
309
4,546
2,311
13,868
T ex. Sab. V. & N. W.ffApr.
Jan. 1 to Apr. 30...
3,425
15,095
3,788
13,770
657
4,215
1,108
3,563
Toledo Col. & Cin.bU Apr.
Jan. 1 to Apr. 3 0...
July 1 to Apr. 3 0 ...
27,495
100,089
276,420
29,588
107,071
267,978
' 10,251
35,666
89,703
10,372
44,024
99,610
131,612
131,367
458,971
445,753
L,299,570 1,283,071
50,227
150,545
458,299
48,848
153,501
435,396
Toledo & O. Cent...bApr.
Jan. 1 to Apr. 30...
July 1 to Apr. 3 0 ...
Tol.Peoria&W est.bH Apr.
Jan. 1 to Ayr. 3 0 ...
July 1 to Apr. 30...
74,083
327,685
873,781
73,730
288,971
778,991
19,173
91,596
257.850
18,703
71,000
205,619
U lster & DelawarebTi Apr.
Jan. 1 to Apr. 30...
July 1 to Apr. 3 0 ...
31,729
101,157
329,771
30,304
91,272
309,252
7,772
20,926
111,613
13,209
30,140
123,583
182,381
673,971
39,776
116,163
58,367
261,956
23,010
149,036
577,540
2,381,466
831,074
3,576,662
26,115
168,402
907,189
3,745,064
14,500
68,70#
3,352
d e f.2,261
180
d e f.1,241
18,032
65,203
916,205
3,777,668
235,487
947,976
90.784
431,052
63,033
235,407
17,337
47,011
503.273
1,948,388
9 13,934
3,609,836
8,929
8,889
922,863
3,618,725
8,216
30,183
d e f.1,943
d of.9,486
d ef. 2,163
def.X,645
4,111
18,051
924,918
3,637,751
192,028
909,479
3,110,968
236,743
938,037
2,955,983
34,293
61,239
30,417
150,290
Union Pacific—
629,105
Oreg. S. L. &U. N.tfApr.
553,237
Jan. 1 to Apr. 30. 25,041,134 2,423,019
324,512
433.752
Ore. Ry. A N . Co..H Apr.
Jan. 1 to Apr. 30. 1,207,905 1,665,841
417,443
Un.Pac.D.&Gulf..1T Apr.
388,078
Jan. 1 to Apr. 30. L,688,227 1,537,503
70,892
78,727
St. Jos.&Gd. Isl.H A p r.
363,080
238,035
Jan. I to Apr. 30.
A llo th e r lines ....fîApr. 1,709,966 1,717,040
Jan. 1 to Apr. 30.. 3,760,024 6,259,338
T o ta l Un. Pao.sys.1i Apr. 35,083,835 3,238,867
Jan. 1 to Apr. 30..1 ,060,370 12,123,736
85,746
60,012
Cen. B r.A Leas. L..UApr.
206,403
Jan. 1 to Apr. 30..
403,619
1,169,631 3,298,879
5,463,98912,330.139
86,620
46,934
Montana Union...1TApr.
859,712
303,333
Jan. 1 to Apr. 30..
7,210
Leav. Top. AS. W 1TApr.
3,127
13,666
9,539
Jan. 1 to Apr. 30..
3,391
3,751
Man. Alm a A B u r .A p r .
12,537
13,239
Jan. 1 to Apr. 30..
97,221
53,862
T otal } ’tly owned.il Apr.
385,914
326,115
Jan. 1 to Mar. 30..
Grand total___ HApr. I ,218,242 3,325.810
5,656,946 12,493,197
1,052,952
995,139
4,403,667 3,957,961
2,310,936 10,942,337
W est J ersey ABrs. ali Apr.
Jan. 1 to Apr. 30...
111,176
391,345
108,506
385,469
W .Va. Cent. & P itts.. ff M ay
Jan. l to May 31. .
88,826
434,638
97,679
455,120
34,881
78,778
27,534
147,165
272,856
268,474
West. N. Y.& Pen n .b ... Apr.
Jan. 1 to Apr. 3 0 ... 1,055,537 1,077,2x0
July 1 to Apr. 3 0... 3,023,143 2,964,195
100,795
327,951
982,221
76,301
307,760
925,452
7,022
39,386
96,524
15,247
50,724
133,053
2,212
8,195
23,537
1,459
13,468
26,968
Whitebr’ stFuel C o...A p r.
Jan. 1 to Apr. 30...
July 1 to Apr. 3 0 ...
Wrights. & Tenn’le ... HApr.
Jan. 1 to Apr. 30 ..
July 1 to Apr. 3 0 ...
...........
5,180
22,688
61,350
6,655
32,383
82,249
IT A paragraph marls: added after the name o f a road indicates that
the figures fo r that road have not previously been given, but appear
fo r the first tim e in this issue,
a N et earnings here given are after deducting taxes,
b N et earnings here given are before deducting taxes.
•c N et earnings are here given after deducting taxes on property,
t Figures fo r May and July 1 to date this year include Western
& Atlantic.
i 275 tons of steel rails were purchased and amount expended
deducted from net earnings.
0 Including income from ferries, &c,
“
.jiv „A «$ w .AA.
100?
C H R O N IC LE .
Interest Charges and Surplus.— The following roads, in
-In ter't. rentals, A c . r—Bal. o f Net Earns.1892.
1891.
1891.
1892.
Roads.
$
$
$
$
119.415
Bash. Chatt. &St. L.May.
86,868
20.005
42,008
976,524
July 1 to M ay 3 1 ... 1,368,420
509,353
501,627
36,000
n. Coal A Iron Co.May
36,200
18,300
33,200
180,000
Jan. 1 to May 3 1 ...
180,800
76,500
83,900
A N N U A L R E PO R TS.
The North American Company.
( F o r the y e a r e n d in g M a y 31, 1892.^
The annual report of Mr. Villard, President, had the follow
in g:
A t the time when thi3 company succeeded to the business
of its predecessor, the Oregon & Trans-Continental Company,
two electric enterprises had been planned and the preliminary
contracts therefor had already been concluded on behalf of
this company in association with a syndicate of German bank
ing firms.
The first and most important of these enterprises was under
taken in the belief that great economies would be realized by
providing from one great central plant a suffi cient supply of
electric power for the operation of street railways, for all in
dustrial and commercial purposes, and for incandescent and
arc lighting in a large city.
The fast-growing and prosperous city of Milwaukee, now
containing a population of about 250,000, was believed to be
peculiarly well adapted for that purpose. This company, in
pursuance of the contracts, aoove referred to, completed,
shortly after its organization, the purchase of the capital stock,
property and franchises of the Cream City Railroad Company,
the Milwaukee City Railway Company, the Badger Illum .nating Company, the Edison Eieoti io Illuminating Company of
Milwaukee, and the Milwaukee Electric Light Company, and
immediately proceeded to consolidate these properties into a
new corporation, tue Milwaukee Street Railway Company of
Wisconsin; and, for the purpose of unifying the stock owner
ship of all these companies, the Milwaukee Street Railw ay
Company of N ew Jersey was organized with a capital stock
of $5,000,000.
Exclusive licenses and patent privileges were acquired from
the Edison companies for the operation of electric railways
and the furnishing of electric light and power for Milwaukee
and the adjacent districts, and also city ordinances granting
franchises covering all the important streets and points in the
city, constituting assets and concessions of great value. D u r
ing the past year this company has contracted for the purchase
of the remaining street railway lines in operation in Milwaukee,
including the W est Side Street Ry.— a road of large earning
capacity— so that the Milwaukee Street Railway Company and
this company together now own and control the entire street
railroad system in that city, embracing, at present, over 100
miles of operated track. * * * It is confidently believed
that the entire railway and lighting system as now planned
w ill be completed by October 1, 1892, and the results t f the
operation of the lines already electrically equipped, aud i f t ie
light and power business already secured, fully justify tl e e cpectations of profit which, from the outset, your board ha 7Q
entertained in respect to this enterprise.
A rc lighting is already carried on on a large aud grow ing
scale. The company does all the street lighting for the city,
under a satisfactory contract entered into last November,
which continues for four years. The demand fur more lamps
is so great that considerable additional facilities will have to
be provided, and it is estimated that by the end of the year
not less than 1,554 arc lights will be in service. Incandescent
lighting has shown a remarkably rapid growth. The first
incandescent lamp was connected on October 6, 1890, and at
this time over 13,000 lamps are in service.
The business of furnishing electric power for industrial
purposes has also been fairly established. The power already
in use by customers represents the equivalent of over 3,000
sixteen candle power incandescent lamps, and is constantly
increasing.
The investment of the company in Milwaukee, as shown b y
the Treasurer’s statement submitted herewith, is represented
by the consolidated mortgage five per cent gold bonds and
capital stock of the Milwaukee Street Railway Companies.
The entire railway system of the company when completed
w ill comprise not less than 140 miles of track. It is estimated
that upon the completion of the enterprise as at present
planned, the gross receipts from the street railway and lighs
and power business w ill be not less than $1,400,000, f. o n
which a net annual return of not less than $500.000 is confi
dently expected, and that these results w ill naturally ¡¿row
correspondingly with the increase of population of Mil
waukee. * * *
The Cincinnati Edison Electric Company was organized
under the laws of the State of Ohio by a syndicate of foreign
and domestic capital, of which the North A merican Company
is a member and the representative, with a capital stock of
$1,000,000, for the purpose of establishing an extensive central
station electic plant and of securing a large electric lighting
THE
1008
C H R O N IC LE .
rV oL. LT V .
INCOME ACCOUNT FOR Y E A R ENDING M A Y 31, 1892.
business in the city of Cincinnati and its suburbs. The entire
w ork of establishing this plant was placed under contract Cash from interest, divs., commissions and all other souroes. $418,119
220,538
Payments for interest on loans............................
with the Edison General Electric Company, and w e are able A ll expenses o f administration, including taxes.
51,707
to report that the whole system w ill be completed before
T
o
ta
l........
.....................................................................
271,246
December 1st next. The company purchased a most desir
able site and has erected thereon the most substantial and N et cash incom e...................................................................... $146,873
attractive building of the kind in the city. The entire under- .
N o t e .—The valuations placed upon the listed securities are at the
ground system is completed, a part of the plant is already in
operation, and practically nothing but additional electric ap closing prices bid at the Exchanges on May 31. In the case of the
Milwaukee Street R ailw ay bonds the price established by a recent
paratus remains to be furnished. W e report with especial negotiation of a large amount has been taken, and in other instances
satisfaction that this company has within the -past few days the valuations stated are intended to be conservative, and have been
succeeded in securing the contract for the public lighting of fixed according to the best information in the possession of the com
pany.
the entire city of Cincinnati for eleven years, against every
competitor, and against the powerful influences of the long
Chicago & Western Indiana Railroad.
established gas interest. This contract carries with it also a
( For the year ending December 31, 1891.^
very valuable franchise for commercial lighting for the term
of twenty years, which covers the corporate limits of the city
The annual report of this company is mainly statistical.
as now fixed or as may be extended during the life of the The stock of $5,000,000 is all owned by five railroad companies
franchise.
It is not probable that any other company can which use this road under lease for their entrance into Chi
acquire any like electric privileges. * * *
cago, viz.: The Chicago & Eastern Illinois, the W abash, the
The general financial conditions prevailing ever since the Louisville N ew Albany & Chicago, the Chicago & Erie, the
company began business have been steadily adverse. A l Chicago & Grand Trunk, each owning $1,000,000 of the
though the coatract under which it succeeded to the assets stock, which is paying something in dividends. The Atchison
and* liabilities of the Oregon & Trans-Contineutal Company uses part of the r.oad under lease. The stock held by the five
was made in June* 1890, it was not until August 13 of that railroads named is with the following agreem ent: “ This
year that the transfer was made. Most of you are familiar stock is held subject to the contract right of the other stock
with the financial history of the succeeding months. This holders in the company to purchase it in any part before sell
company had but just entered upon its business when the ing elsewhere.”
first indications of the disastrous general crisis that swept over
The report of Mr. B. Thomas, President, says nothing of the
the entire civilized world in the autumn of 1890 became man finances o f the company or of its relations with the Belt Rail
ifest. The recurring sharp stringencies in the money market way, which leases 66 miles of this company’s tracks. H e re
in September and October culminated in the money panic of marks upon the delays in moving trains and says that the em
November, when the causes of the continued sale and decline barrassing conditions w ill be removed in a great measure by
of American securities, which had been a mystery to all, were making full use of the passenger yard improvements at
revealed by the o’pen announcement of the failure of the Eighteenth Street. The report says :
Barings and the embarrassment of other great financial
“ The Atchison Topeka & Santa Fe Company commenced
houses abroad. In that crisis this company found itself una using their new line between Cor with and Twenty-second
ble to carry the indebtedness of the Oregon & Trans-Conti Street October 24, 1891, and are now making very little use of
nental Company, which it had assumed. Its creditors, avail our line between Forty-ninth and Twenty-second streets, ex
ing themselves of their technical legal rights arising from the cept for business to and from industries and for the switching
impairment of the margins on their loans, enforced the imme and sorting of cars at their Eighteenth Street yard, which is
diate sale of the securities which they held, until the company’s still being done over and upon our tracks south of Twentyindebtedness was reduced to about $2,000,000.
*
*
*
* first Street.”
*
*
Arrangements nave been made whereby the remaining pay
“ Our maintenance of w ay expenses were unusually large,
ments; for the completion of the electric construction upon the owing to the necessity of making extensive repairs to tracks,
Milwaukee system may be made at the option of this company buildings, etc. These repairs were of the nature of improve
in the bonds of the Milwaukee Street Railway Company at 90 ments, and constituted a betterment of the property.” Results
per cent of their par value and accrued interest.
for three years were as follows :
The cash on hand is more than sufficient to meet all the re
EARNINGS AND EXPENSES— BELT R A IL W A Y OF CHICAGO.
quirements of the company for the completion of its present
1889.
1890.
1891.
undertakings.
$
$
$
574,194
655,573
687,643
The indebtedness of the company is in the form of long time Freight transfers...........................
2,020
1,446
1,322
Track
service..................................
loans, and is largely carried on fixed terms against the security
5,362
8,560
14,208
R ent o f equipment..........................
o f the Milwaukee Street Railway and other unlisted bonds.
1,480
2,328
4,118
Miscellaneous.................................
Referring to the Treasurer’s statement, it w ill be noted that
675,221
696,505
586,528
T
o
ta
l.........................................
the company has cash in hand and cash resources equal to
377,994
482,151
474,961
more than one-half of its indebtedness, while it holds market Expenses........................................
able securities sufficient to discharge the remainder, if need be,
214,354
200,260
Net earnings............................. 208,534
and leave it with ample means to carry out its engagements Per ct. of oper. expenses to earns..
64
70
69
o f every kind. It w ill also be noted that the net assets over
INCOME ACCOUNT—CHICAGO & WESTERN INDIANA RR.
liabilities are $7,871,690. This is exclusive of the value of
1890.
1891.
1889.
$
open contracts and established business connections.
$
Revenue—
$
755,277
732,158
Aside from the net cash income as reported by the Treasurer, Rental from lessees........................ 738,337
30,000
30,000
30,000
/ “ ,
“ Ind. E levator............
there has been a material increase in the value of the assets
24,274
27,229
24,192
“
“ houses and land.........
o f the company during the past fiscal year.
3,660
37,476
112.256
Dis., interest and exch ..................
T r e a s u r e r ’ s S t a t e m e n t M a t 31, 1892.
ASSETS.
Stoclcs.
$7,450,200
533,000
32,500
216,200
90,100
2,887,000
333,300
Northern Pacific common at 19% ..................... $1,471,414
Chicago & Northern Pacific at 16.......................
85,280
Wisconsin Central preferred at 30.....................
9,750
Edison General Electric at 111...........................
239,982
St. Paul Edison Electric Co. at 140...................
126,140
Milwaukee Street R ailw ay Co. at 2 5 .................
721,750
Cincinnati Edison Electric Co. and Queen City
E lectric Co. at 100............................................
333,300
$2,987,616
Bonds.
$604,000
276.000
45,333
3,276,000
>699,000
465,080
Northern Pacific consols at 7 7 ......................... .
Chicago & North. Pacific lsts at 781e .................
216,660
Wisconsin Central incomes at 30.......................
13,600
Milwaukee Street Railway 5s at 90 .................. 2,918,400
Minneapolis Lyndale & Minnetonka Street
Railway 5s at 8 5 ..........................................
594,150
145.000 Cicero & Proviso Railw ay 6s at 90.....................
130,500
$4,368,390
W est Side Street Railway, Milwaukee, cash paid on pur
chase contract...................................................................... $301,350
Milwaukee Street R ailw ay Company, current advances on
construction account.............................
626,358
753,186
Secured accounts ($316,724 since paid o ff)...........................
R ills receivable ($36,000 since paid o ff).............................
175,151
Miscellaneous securities.........................................................
357,472
Advances under contract with Thomas A. Edison and Edi
son General Electric Company for electric railw ay inven
52,701
tions, patents and appliances .......................................—
Interest and dividend account, b a la n c e ...............................
184,207
Cash in banks and trust com panies.......................................
912,080
20,865
deb. 13,197
Miscellaneous earnings.................
Belt Railway rental, May 1,1883,
18,290
T o ta l.........................................
Expenses—
Interest charges.............................
Dividends............................ .........
Miscellaneous.................................
848,295
1,169,553
802,969
521,650
517,325
1,200,000
6,128
538,330
125,000
5,525
250,000
4,752
1,723,453
668,855
T o ta l......... . ................-............ 526,402
Balance..................................... .sur.321,893 def.553,900 *sur. 134,114
* Tbe nominal surplus on Dec. 31,1891, as per balance sheet, was
$684,866.
BALANCE SHEET DEC. 31.
1891.
1890.
$
$
Assets—
15,803,249
16,358,897
Cost of property........................
588,684
555,239
Accounts due and unpaid.......
243,792
461,342
C ash ........................................
71,571
96,446
Materials ............... ..................
T o ta l...................................
Liabilities—
Stock...................... -............. .
Bonds........................................
Vouchers and current account.
Sinkingfuuds...........................
Interest accou n t.....................
Coupons matured, not p aid ....
Income account — .................
16,707,296
17,471,924
. 5,000,000
8,830,666
195,142
2,071,846
54,398
4,490
,
550,753
5,000,000
9,172,666
378,552
2,171,677
55,628
8,535
684,866
T o ta l..................................
16,707,296
17,471,924
$3,362.505
T o ta l..
....................................................................
.$10,718,513
LIA B ILIT IE S .
B ills payable, time loans amply secured (since
reduced by pavinent of $136,529)..................... $2,808,162
Accounts p aya b le...... ....................................... ..
38,660
T o ta l............................... ........................................... .
2,846,822
N et assets
..................................................... ................... $7,871,690
Philadelphia Company.
(F o r the year ending March 31, 1892. J
The annual report remarks that the company has entered
seven new gas fields,- nam ely: Linden, Elizabeth, Moon, Stowe,
Riley, Shaler and Plum. The two last-mentioned fields have
only been recently acquired, and not yet developed to any
extent, but preparations have been made for a thorough test.
Ju n e 18,
1892.]
THE CHRONICLE
“ The amount expended during the fiscal year ending March
31, for the purchase of new—pipe, was $226,948 ; reclaiming
and re-laying old lines, together with laying new pipe, and
purchase of lead and other necessary material, $91,044. Seven
teen gas wells and gas rights in 8,556 acres were purchased,
at a cost of about $91,650.
The number of wells completed
during the year was 5i, of which 40 were gas, 2 small oil
wells and 15 non-producing.
To these add the 17 wells pur
chased, which gives a total of 60 gas-producing wells added
during the year.
The amount of casing used in the wells
drilled by your company was 30% miles, of which 21 6-10
miles was casing re-used. The total eost of drilling was $257,240, not including casing re-used, which, with the other items
named, makes a total of $575,232 expended on new work dur
ing the year, all of which has been charged to expenses, and
has been paid, at present time (A pril 25), except notes
amounting to $93,150 held by the National Tube W orks Com
pany, which is the only paper of your company held by any
party. The other obligations outstanding are $380,000 bonds,
and balance due on the Belle Yernon line, $137,000, which
w ill be paid by August 1, 1892.” * * * *
“ The gas and oil rights at present leased and owned by the
company amount to 36,998 acres. During the year 12,5973^
acres were surrendered, decreasing the annual rental $23,321,
and 7,863 acres were leased in other fields, at an annual rental
of $13,180, making a decrease of $10,141 in the annual rentals.
The present yearly rentals upon gas wells, and territory
amount to $66,170, which may be slightlv increased or dim
inished during the ensuing year.” * * * *
“ U nder the present and prospective condition of affairs, it
is evident that your board were fully justified in beginning
the payment of dividends, and their continuance seems reasonbly assured. The marked improvement in the financial con
dition of the company actuated the board in authorizing the
cancellation of the entire issue of the company’s bonds except
.$727,000, of which (on A pril 25th) $210,000 are in the treasury,
$137,000 are held as collateral for payments on the Belle
Vernon line and $380,000 have been sold.” * * * *
STATEMENT OF RECEIPTS AND DISBURSEMENTS OF P H IL A D E L P H IA COM
P A N Y FOR THE TE A R ENDING MARCH 31, 1892.
$52,409
Cash on hand April 1,1891.................................
Accounts receivable A p ril 1, 1891....................
337,589
B ills recivable A p ril 1 ,1891...............................
327,661
Gross earn, from April 1,1891, to A p ril 1,1892.
Gas sold.......................... $2,227,453
Disputed accounts........................... 767,578
29,832
$3,024,864
Dividends........................
-------------$3,742,524
Disposed o f as fo llo w s :
•
Operating..........................................................
$82,269
General expenses................................................
42,740
Interest paid on bonded indebtedness, notes, &c.
61,037
57,163
Prospecting................................................
Rents of wells, lands, buildings, & e.....................
151,062
Repairs and maintenance......................................
67,761
Salaries .................... .......................................... .*.
79,569
T a x on capital stock, &o.........................................
38,962
Paid to leased companies...................................... 230,538
N ew lines laid ......... ......................
346,967
N ew gas wells........................................................ 286,892
Dividends paid......................................................
75,000
R eal estate, &c., purchased..............
3,294
Stocks pur chased...................................................
20,000
Philadelphia Company bonds redeem ed.............. 491,000
Reduction in bills and accounts payable.............. 276,613 $2,310,872
$1,431,652
Balance.
Cashonhand April 1,1892... i ............................. $130,274
Bills receivable A p ril 1 ,1 8 9 2 ..............................
203,100
Accounts recivable (including disputed accounts. 1,098,277
---------------$1,431,652
GENERAL IN V E S T M E N T NEW S.
A ustin & N orthw estern— Houston & Texas C entral.— The
Austin & Northwestern, which was recently acquired by the
Houston & Texas Central, has been extended to Llano, 25
miles west from Austin. The people of Austin subscribed
some $30,000 to secure this extension to the Llano iron fields.
Chesapeake & Ohio.— At the office of Messrs. Drexel, Mor
gan & Co. it is stated that out of the $25,000,000 of first and
second preferred stock $21,000,000 have already been ex
changed for the new k% per cent bonds.
Housatonic.— Mr. J. Pierpont Morgan and Mr. W illiam
Rockefeller have purchased from Mr. Bostwick and others a
controlling interest in the stock of the Housatonic Railroad.
It is understood that this w ill pass the control of the road
from the N. Y . & N e w England interest to th£ N, Y . N . Haven
& Hartford.
L ou isv ille & N ashville.— This company has not listed new
bonds. The Louisville Street Railway listing of bonds on the
Stock Exchange was printed in the Chronicle last week as a
listing by the Louisville & Nashville.
M exican N ation al Construction Company— Jalisco P a
cific.— A modification of the Mexican National Construc
tion Company’s concession has recently been arranged
with the Mexican Government, whereby the company is to
receive a premium of $5,000 per kilometre upon the 270
kilometres between Colima and Guadalajara, provided rail
communication is completed within three years. This prem
ium is in addition to the $7,000 per kilometre which the com
pany receives under its original concession as the work pro
gresses. Moreover, if the Colima-Guadalajara line is com
pleted within three years, the time for constructing the other
lines under the company’s concession is extended four years
1009
from the present period, or say until July, 1900. To make this
modification available, the Jalisco Pacific Railw ay Company
has been incorporated, of which General W illiam J. Palm er
w ill be President, for which purpose he has resigned from the
Presidency of the Construction Company and has been suc
ceeded by Mr. George Foster Peabody, of the firm of Spencer
Trask & Co.
It is proposed to complete the railroad from, the harbor of
Manzanillo on the Pacific coast of Mexico to Guadalajara,
about 225 miles. O f this there is already in operation 59 miles,
from Manzanillo to Colima, about 166 miles remaining to be
built, to wit, between Colima and Guadalajara. A s Guadala
jara is already connected by rail with V era Cruz, via the City
of Mexico, as well as with Tampico and Corpus Christi,Texas,
the construction of this 166 mile3 w ill give the only continu
ous rail communication across Mexico from the Gulf, at three
widely-separated harbors, to the Pacific Ocean. It w ill also
put the Pacific Ocean at Manzanillo in railw ay communication
with the entire railw ay system of the United States.
Missouri Kansas & Texas.— In regard to the distribution of
earnings to income bondholders of this «om pany a reference
to the mortgage in last week’s Chronicle contained an error
in one word which destroyed the meaning. It should have
read that the agreement to pay coupons prior to Aug. 1 1895 is
conditioned “ upon such net earnings as shall remain at the
expiration of each six months after payment of operating and
maintenance expenses, taxes, repairs, renewals, replacements,
insurance and interest on the first mortgage bonds.” Interest
on the incomes is non-cumulative and restricted to the earnings
during the six months to which the interest coupon applies.
N atiou al W a ll-P a p e r Co.— The combination among w all
paper manufacturers has been progressed, and at A lbany a
certificate has been filed with the Secretary of State incor
porating the National W all-Paper Company, with a capital of
$14,000,000, divided into $100 shares. The company is to man
ufacture and deal in wall-paper and other interior house deco
rations, and may hold stock in other corporations having to do
with its line of business, and exchange itsstock for the stock of
such corporations. In addition to the usual power to borrow
money and otherwise create obligations, the corporation has
power to issue a form of obligation in the nature of certifi
cates of indebtedness to the extent of $6,000,000, which shall
be known as debenture stock. These bonds may be sold or
exchanged for property or assets purchased by the corporation
or may be exchanged for stock of other like corporations»»
The bonds shall be entitled to dividends amounting to eight
per cent annually when the earnings of the company are suffi
cient to pay such dividend. The principal office w ill be in
N ew York City. The directors are C. B. Stout, James Y .
Corey, John W . D. Dobler, Frederick Kein, Sidney S.
Nicholas, Rudolph Euler, E dw ard E. Barnes and A lfred
Dahme, of N e w Y o rk City; Clark J. Bush, of Brooklyn;
E dw in D. Merriam, of Mount Vernon, and Robert W .
McIntosh, of Elizabeth, N. J.
The corporation paid an organization tax of $17,000 to the
State Treasurer. Mr. James S. W arren, senior member of the
firm of W arren, Fuller & Lange, who is prominently identi
fied with the new enterprise, said to a representative of tne
N ew Y o rk 'World that the organization was not a trust in the
common acceptation of the term. Certain firms w ill not join
the corporation. Am ong these are W illiam Campbell & Co.,
of this city; Janeway & Co. and Janeway & Carpender,
of N e w Brunswick, N. J., and Birge & Co., of Buffalo. These
are some of the largest manufacturers in the country.
Ohio & M ississippi.— The full text of the opinion of the
Circuit Court of Hamilton County, Ohio, in the Ohio & Mis
sissippi case has just been received. The case was argued
before a full bench, composed of Judges Smith, Cox and
Swing, Judge Smith delivering the opinion, concurred in by
the other two judges, and we quote at length from his opinion
below. The question of law involved is a very important one
for corporations, stockholders and syndicates, and although
the decision of this Court is not final, and the case w ill prob
ably be appealed, still the opinion of the Judges is of much
interest. They decide all the points in favor of Messrs. McKim , W alsh and Fahnestock, the directors elected by the
proxies of Brown, Shipley & Co.
The facts of the case concerning the election and the voting
of stock’by Brown, Shipley & Co. are sufficiently well known
and need not be repeated here. The first defense set up b y
the defendants, the railway company and Messrs. Smith,
Green and Whitaker, directors, was that Brown, Shipley & Co.
had no right to vote the stock standing in their name as they
were not the true owners thereof, and on this point the Court
say s:
B y the agreement so made and carried into effect we understand
that Brown, Shipley & Co. became trustees for the several persons so
depositing with them the original shares of stock, or of those to whom
the certificates issued in lieu thereof should be assigned, Brown, Shipley & Co. thus becoming the holders of the legal title to the
stock o f the defendant company, and entitled to have such stock trans
ferred to them on the books o f the company, and like other registered
shareholders to vote the same personally or by proxy, unless the con
tract itself or the scheme o f it was illegal, or the mode in which it was
to be executed was contrary to law or public policy. Was this the
easel
So far as you can see there is nothing on the face o f the agreement
tending to show any unlawful purpose or intent on the part o f those
uniting in it, or to accomplish an object which should be against public
policy. In the first place it would seem that every owner o f a share o f
stock in a company, whether common or preferred, was at liberty to
become a party to the agreement, and it was not in the_ nature o f a
combination by a part of the shareholders to secure special privilege#
or advantages fo r themselves to the prejudice o f others, but was de-
1010
THE
CH R O NIC LE.
signed apparently fo r the mutual benefit of all. The object, as stated
therein, was to authorize the committee named to arrange certain dif
ferences now ex’ sting between the preferr-d and common sharehold
ers iu reference to the cumul .five rights o f the preferred shareholders
to certain dividends, and to re-adjust the affairs of the company gener
ally in sued man er as may seem to them best in the interest o f the
shareholders o f the company, that is, the rights and interest o f alt,
wheth r signers of the agreement o r not, w ere to be regarded, and no
scheme of arrangement or re-adjustment agreed upon by the committee
was to become binding until sanctioned by a vote o f a majority of
each class of c c tificate holders
W e understand, however, that the principal objection urged is as to
the manner provided fo r c a m ing it out. in this, viz : That the share
holders entering into the arrangement, in effect, absolutelv and for
ever, gave up to the trustee and the committee named, part o f whom
were not the owners of any stock in the company, and had no interest
thereir (and to those whom they should bring into the committee as
provided by the agreement), the right to vote the stock o f the signers
o f the agreement so placed in the hands of the trustees; and that this
is in violation of the principle and poliev o f the law which not only
* ach shareholder the righ to cast a vote for each share held by
g ives
im, but forbids the separation of this right from the ownership o f the
Btock itse'f
W e think it is clear that such is the policy of the law, that the election
o f a board o f directors by which the affairs o f a corporation shall be
managed, or the decision of any question which shareholders are en
titled to decide, should be, by those who are the owners o f the stock and
thus immediately interested in the management o f its business, and
whose action, presumably, would be in the interest o f the corporation
itself, and not of other-«ersons or corpora ions. An 1 therefore it is.
that when it appears that a contract has been made bv a majority of
the stockholders ofa corporation (or itm ay be by less than a majority)
w ith <_ther_persons, whereby the simple voting power of the owners of
stock is turned over to another person or corporation, absolutely,
all other rights being retained by the owner, or where it is attempted
n
r tae stock 1° a Person or corporation not allowed by law to
saum, as m the case of parallel competing lines o f railroad in
oim State, courts will h Id such agreement invalid.
« y :„8eSin'
130 lee a) objection exists to the casting of the
P * a shareholder or of anv number o f them by persons duly authere'I
rs % 4? 80i, 111 such case the relation o f principal and
r bfT A he vote is so cast by the person holding the
is the vote of the owner o f the stock. The voting power and
F of the 8.toc? are not thus improperly separated, but the
recognized by our statutes. Nor does it alter the case if
?
^he stockholders unite, and by signing the same
constitute the same person as their agent to vote fo r them,
a£r«e t h a t the vote thus to be given shall be for particular
a k1?- W1 !'• a view o f bringing about a particular result, not
against public policy or the provisions o f the statutes Nor. so far a*
rwJvfJl. 8e®agreement or authority be illegal if it should
tiie Proxy 80 named should cast such votes as he
a -J* on!6 "irected to do )>y onp or more other persons named or pointed
„
0 the'?r L of t.be law of course is that the person casting the
Iin ;«n i l eseilt8 f he T ie ^ fi ?n,4 wishes o f his principal, and the mode i y
«n Ii!° 8e W18lles are to be ascertained and expressed is a matter of
vSJiSfv
corporation or the other stockholders have ■co rigrlit to comiowQ?Ln'i'0,r
iU(ignieut would it make any difference as to the
o ^ « w » a t+^f i lie+1?18trui? ent
arrangement that the person or persons
to cast the vote, or those who are to direct h w such vote is
themselves smckholders in the corporation. The
not require the proxy to be a share-older. The material
and b R
*iaa th<i. principal himself the righ t to vote
ana h s he properly authorized pother to do so for him?
uT?te o f .t]lis 8t0.cb so transferred to Brown. Shipley & Co..
ii duly registered in their name an dvo ed by them through
£.8* if Jo
m +any
rc8Pect from the ordinary rightful
^ proxy, as to make it illegal and in valid ?
doriniitJa
in Pursuance of this agreement the shares of stock
nnon« n f ^ « f 3ruW
R i p l e y & Co. were tranferred to them on the
3Edant companv. This was one o f the terms o f the
m £ be inferred therefrom that such was the
? artles>as it stipulates that “ the power of attorney on
of certificates musi he duly executed in favor of
Co., o f London,” and the stock was to be voted by
ir«^H ;f.ndTihe?e M
a,,pg atiou that such was not the intention of the
„ i i avln" M en so registered in their name. Brown, Shipley &
re^ls^ere(i stockholders) were entitled to vote it person?
any, or oy proxy, as was done.
n t n J i r h n i h o w e v e r , that by this agreement and transaction the
?A J n t i i r t . h a v e forever deprived themselves o f all right
t b
i JRuui 1 8t” ck>of which they are the equitable owners, and
b
o
l
d
e
r
ee® that 8Uch is the case. A sharefifr blmaoif ^ .H a 8
to transfer his stock to another, as trustee
t L t Z J L i f v a« other. and it is difficult to see what legal ohject agreeing and binding himself that this trust should
J2iat .during its continuance such trust e
lega tlt e thereto, and the right to v o le upon it. But
I5®:
s
S!‘h+exP r.es.8 Provision m this agreement, and we incline to
S o v E ' i r f that a
interpretation of it would he that it is revocable
w h » n i,i'Iu o Ur5 ot
beneficial owners, any one o f whom might.
« iia b r^ P + tased'P I1.* aa elu to it so far as he is concerned. But if
Jbif
contract is not by its terms revocable, and is on
e-5a 131 w,ou/d bold on the authority of Griffith vs.
” Law Bulletin,,41V), tliat any subscriber thereto might, for
Jevo^e
?Dd that the residue o f this contract, as in the
stand01*0^’ aem® vabd, and separable from the invalid part, would
be sustained*16 °Prui°n, then, that the demurrer to this defense should
The second defense set up was that the plan to turn the
road over to the Baltimore & Ohio control was an illegal
scheme under the laws of Ohio, and on this point the opinion
reads:
^
thi 8 d®!endal)t now alleges that said votin g trust was and is
+J®Sai-ai 1<L v<£'?> aad that the attempt o f the said committee to elect
the said McKim, Walsh and Fahnestock was part o f a scheme to turn
m e control of the defendant’s property over to the Baltimore A Ohio
Railroad Company, in defiance of the laws o f this State and in viola°A the n gbts and interests of the stockholders o f this defendant.
. . p ^these allegations o f fact make a good defense to the action? We
tnink they do not I t would seem that if the agreement set, out iu the
nrst defense he legal and valid that the votes cast by Brown, Shipley
c l V0. • and the consequent election o f the three directors. McKim,
Walsh and Fahnestock, should not he ignored by the defendant com®
IInd su°b persons so elected be excluded from the offices to
wmchithey were elected, and persons without any legal right thereto
De acknowledged by the company as directors; because a director of
such company, and who was also a representative of the Baltimore <ft
unio Kanroad < ompany (a connecting line o f road),and the committee
m tne first defense mentioned had entered into an agreement like that
set out in this second defense, even if the object- proposed by such partte8+
man!;er fn which it was to he accomplished, were not war*?<?«!?
l»w . There were other appropriate and legal means by
wnlch the carrying out of an illegal agreement might be prevented
without disfranchising the owners of a large majority o f the capital
etock of the company.
But we are of the opinion that, under the exceedingly broad provi
«ions o f Section 3,3u0 Revised Statutes, the arrangement proposed to
be made is not in contravention of law.
w ill also he sustained.
[V
ol.
L IV ,
The demurrer to this defense
P h ila d e lp h ia St R eading.— A t Trenton, June 15, the Read
ing coal deal suits brought by the Attorney General of N e w
Jersey came up before Chancellor McGiil. A fter some dis
cussion July 7 was fixed as the day for argument.
Richm ond & D an yille.— This railroad company, by order
of Judge Bond of the United States Circuit Court for the
Eastern District of Virginia, w a* placed in the hands of re
ceivers on June 16. The order of Judge Bond was made upon
the application of counsel representing Messrs. W illiam P.
Clyde, J. C. Maben and W illiam H. Goadby. The order fixes
August 16, at which time, if desired, cause can be shown fo r
either abrogating this receivership or changing it as the in
terests of the Danville Company may suggest. The receivers
appointed are F. W . Huidekop'. r and Reuben Foster. Mr.
Huidekoper is in Atlanta, and received possession from Presi
dent Oaknaan.
A statement was prepared and issued jointly by the gentle
men at whose instance the receivers were appointed, and this
contained the following :
“ First—Circumstances unnecessary to comment upon had placed
the property, as is w ell known, and as is shown by the market price o f
the different securities, in a very embarrassing financial condition, a
condition which, unless properly handled and relieved, threatens the
disintegration o f the system.
“ Second—This condition,in itself quite serious enough, has been vast
ly aggravated and rendered much m-T* dangerous through the un
precedented, and, as is believed, absolutely illegal,action o f the Federal
Court fo r the Eastern District of Georgia, upon the complaint of par
ties claiming to be interested in the Georgia Central Railroad Com
pany, a property, the control o f which had been publicly bought, and
for over tw o years held without challenge or dispute by the Terminal
Company, and since July, 1891, publicly operated by the Danville
Company.
“ Third - The purchase o f the control o f this Georgia Central Railroad
Company, and the losses incurred in its operation, amount to more
than the total floating debt, which is the present cause of the embar
rassment o f the Richmond & Danville, and consequently o f the Ter
minal Company. Under this state o f facts the above-mentioned Court
o f the Eastern District o f Georgia, at the requeet o f one Mrs. Rowena
Clark (who, according to the public press, says she never heard of this
suit until after it was'brought), owner of fifty shares o f said Georgia.
Central stock, at 10 o’ clock at night and without notice to any one.
seized the Georgia Central Railroad company, placed the same in the
hands o f its receiver, and in violation o f the charter provisions
o f the Georgia Central Railroad Company, this Court erdered
an election o f directors for said company to be held. A t the same
time, by an order which experienced counsel say is unparalleled in the
history o f law, the Court disfranchises tke majority of the stock o f
said Georgia Central Railroad Company, so purchased and owned, as
above described, by the Richmond Terminal Company, and requiredthat at this election all representation o f such majority o f stock
should not only he denied but, that a board should be elected which
should be entirely satisfactory to this Court. Tbis Court also subse
quently made a further order that stock of the New England & Sav
annah Steamship Company, which had been placed by the said Geor
gia Central Railroad Company in escrow as secuiity for $S00,000 ad
vanced to it by the Richmond & Danville Company to meet its ma
turing. obligations iu January last, after the Richmond & D an ville
( ’ompany had declined to advance further without security, should be
returned to the Georgia Central Railroad Company by the Richmoud &
Danville Company without any re-payment o f said advances, although,
a sworn report made by Mr. S. M. Williams, form erly Auditor o f the
Reading Railroad, a disinterested and competent accountant, and also
sworn to by Capt. Green, General Manager of the Richmond &
Danville, and filed with the Court, showed that the Georgia.
Central was indebted to the Richmond & Danville to an
amount exceeding $2,300,000. This Court granted an order
upon the said Richmond & Danville Railroad Company, at the suit o f
thi» Georgia Central Railroad Company and its new Managers, which
the • ourt had appointed as receivers, not only to return this secur
ity without any consideration exoept the issue in its place of receivers’’
certificates to an amount less than one-fourth of the value of the stock
taken from the Richmond & Danville, and which receivers’ certif
icates being issued without the bondholders being before tne Court,
are, we are advised, invalid and worthless, hut also ordered that the
Richmond & Danville show cause on June 17 why the entire Dan
ville property should not also .bo seized by this Court and put into the
hands o f a reoeiver
“ Messrs. Clyde, Maben and Goadby. being advised that none of these
apparently arbitrary acts of this Court are legal, and that they cannot
he sustained, and feeling that they would not he justified, either in
their own interest or the interests o f the other security holders in leav
ing anything further open to the action o f this Court, the above-meni tioned application was made to Judge Bond, and F. W. Huidekoper
and Reuben Foster were, as a result, appointed receivers of the Rich
mond & Da v ille Company.” * * * *
“ Thi» appointment ®f receivers by Judge Bond is not only not in
imical to nor in opposition to any plan for the financial reorganization
and rehabilitation of the Danville system, but w ill be found to greatly
facilitate and aid any plan o f reorganization, while if the Georgia Court
had obtained possession of and jurisdiction over the Dunvil e system
this would have been rendered practically impossible. The order o f
Judge Bond fixes Aug. 16 as the day on which, if desired, cause may
be shown for either abrogating this receivership, or changing it as the
interests o f the D anville Company may suggest. This interval of s ix ty
days w ill give time within which to mature and promulgate any plan,
for such reorganization, and w ill meantime hold the system together
ae an entirety and protect it from these covert or open hostilities.
“ The uecessity*for such aotlon w ill be further appreciated when it la
known that for some weeks past the Richmond & Danville < ompany
ha» not been able to keep either a dollar in bank or iu its safes within
tha State o f Georgia, because every such dellar h » been attached o r
garnished by parties alleging clsima against the company, and even
the money sent by express for the liquidation of pay-rolls has been at
tached in the hands o f the express company, and in every instance
enorn ou» bonds have been required to release such moneys. Under
these circumstances much business which belonged naturally to the
system has been diverted from it, as it has been impracticable to pay
egitlmate claims as they should have been paid, and shippers were un
w illing to take the risk while the oompauy was in such a situation. T h e
taking possession of the property by the receivers under Judge Bond’ s
order w ill relieve the company from suohpetiy persecution aud embar
rassment and enable it to discharge its duty t® the publie and reap
the proper benefit of its own business.
“ This receivership does not necessitate default on any coupons o r
other obligations of the company, as the company can, and doubtless
will, be permitted by order of the Court to pay any and all proper ob
ligations as fast a-» it can earn the money to do so. In fact, every
property right and value w ill be preser ved for the oenefit of those to
whom they belong under this arrangement, and in view o f the hostile
attitude taken by the Court of Georgia, and the parties nominally in
terested in tke Georgia Central Railroad, hut more probably using it a »
J une 18, 1892.]
THE
C H R O N IC L E .
a cover for tlieir persecution of the Danville System, w ill he powerless
under this protection to cause further annoyance. On the contrary,
"the rights o f the company can not only be defended, but at the same
tim e properly asserted by the receivers.”
— Mr. Samuel Spencer is not ready yet to make a full report
to Messrs. Drexel, Morgan & Co. on the condition of the
(Richmond Terminal Company.
St. P a u l M inneapolis & M anitoba.— The offer to holders
o f the sevens to exchange their bond# for 4%s to ran to 1933
absolutely is draw ing to a close. Parties interested should
■consult the offer and list of bonds, as presented by the com
pany in our advertising columns to-day.
1011
3£he ©mntttjerrial Sines.
COMMERCIAL
EPITOME.
F r i d a y N i g h t , June 17, 1892.
The markets for leading staples have been greatly depressed
during the week under review by the distrust and apprehen
sion caused by efforts to pass what is termed the Anti-Option
Bill, referred to last week. L arge numbers of speculative
San Antonio & Aransas Pass.— In the State Court at San operators have closed accounts. The weather was intensely
Antonio on the 15th inst., Judge K in g ordered the discharge h®t early in the week, and generally very favorable to crop
■of the receivers and the restoration of the road to the com prospects, which contributed somewhat to the depression in
pany, it being agreed on the part of the Reorganization Com
mittee to deposit $750,000 with the San Antonio National values. The lower prices of wheat, under the above influences,
B an k to pay adjudicated claims subject to the order of the led to the renewal of activity in export buying. Values re
Master in Chancery. The committee have acquired most of covered sharply on Thursday afternoon on advices from W a s h
the claims against the road, and are in possession of practi ington that the Anti-Option Bill probably w ill not be passed
cally all the securities. The receivership has extended a year
longer than was contemplated when the reorganization plan by the Senate at the present session of Congress. Destructive
w as brought out, and has been a costly one for the security oyclones and tornadoes have again caused much destruction of
liolders through the loss of net earnings and the accumulated life and property at the West.
indebtedness that has been incurred. W h ile the large ex
L ard on the spot has been without activity, but closes w ith
penses attending a foreclosure sale w ill be avoided by the
action taken this week, the cash requirements are larger than a fair demand at 5 95@6c. for prime City and 6,70(g6,75c. for
the plan provided for and the security holders w ill be asked prime Western, with refined for the Continent quoted at 6'85
to subscribe to new bonds to meet the expenses incurred. It @7 05c. For future delivery the speculation has been v a r i
is expected that the new securities under the plan can be
able. On Wednesday and Thursday values improved on re
issued this fall. Mr. D. B. Robinson, an experienced railroad
man, has been elected President and Ì3 now directing the ports that Western packers were buying, but to-day there
was a sharp decline ; a3 the above demand fell off the market
■operation of the road.
South C aro lin a R ailro ad .— The 17th of November next is sympathized with the depression in corn.
fixed as the date upon which the road shall be sold. The
D A IL Y CLOBIKG PRICES OP LA R D FUTURES.
property w ill be advertised in N e w Y o rk and in South Caro
F ri.
Tue.*. "Wed. Thur.
Mon
Sat.
6-78
6-69
lina.
6-72
6-66
6-65
6 65
Julv delivery..........
6-87
6-77
6-79
6-73
6-73
6-73
August
d
eliv
ery
---Tennessee Coal & Iro n .— The directors met and approved September delivery. ___ c. 6-80
6’95
6*85
6-82
6-87
6-81
the details required to carry out the recent agreement for the October delivery___ ___ 0 . ....
7-01
6*95
6'95
6-8»
6-38
acquisition of the De Bardeleben iron properties. Title deeds
Pork ruled rather firmer, but with a very slow trade the
were passed over to the Tennessee Company and it made the
deposit of securities required to secure the De Bardeleben close is nearly nominal at$10@$10 75 for old mess, $11 for extra,
people with the N ew Y o rk Security Trust Company. There prime and $13@$15 for clear. Beef was quit® active early in
w as a discussion of the proposed purchase of the Aldrich the week, but closes quiet ; extra mess, $6 25@$6 75; packet,
coal-producing property, but no conclusion was reached.
$7 50@$8 50, and family, $9 00@$10 50 per bbl.; extra India
T a lle y (Ohio).— The interest on the 7 per cent first mort mess, $18@15 per tierce. Beef hams are firmer at $16 50 per
gage bonds of the Valley Railway Company of Ohio due bbl. Cut meats have continued rather slow of sale, but close
June 14 was not paid. A t the offices of the Mercantile Trust
Company, where the coupons are payable, the explanation firm at 6% @7%c. for pickled bellies, 5%(a<6o. for shoulders
w as given that no funds to meet the interest had been for and U @ ll% c . for hams. Tallow declined, but closes active
warded. The stock of the V alley Railway Company wa3 at 4 7-16@4%c. Stearine is firmer at 7%i®7%c. in hhds. and
purchased in 1890 by the Baltimore & Ohio Railroad Com tierces, with large sales, but closes quiet. Oleomargarine is
pany. A t a recent meeting of the board of directors of the
company a committee, consisting of Gen. Louis Fitzgerald, easier at 6%@6%e. Butter is firmer at 16@20c. for creamery.
-Frederic P. Oicott, James Sloan, Jr., George de B. Keim and Cheese is fairly active but lower at 8@9c. for State factory
E dw ard R. Bacon, was appointed to prepare a plan for thè full cream.
reorganization of the company.
Coffee on the spot has been dull and values are a trifle
lower ; Rio is quoted at 12%c. for No. 7. The sales to-day in
— The report for 1891 of the Credit Lyonnais (subscribed cluded Rio No. 7 to arrive at 12%c. Mild grades have been
capital 200,000,000 francs, paid up capital 100,000.000 francs, moderately active and steady ; good Cucnta is quoted at 21c.
surplus 50,000,000 francs), shows the following figures indi The speculation in contracts has been extremely dull and
cating the progress of this important financial corporation : prices have declined in sympathy with weak foreign advices.
B ills discounted, negotiated and collected. 13,515,004,577 To-day the market was unchanged. The close was steady
francs, against 12,426,662,981 francs in 1890— increase of with sellers as follows :
1,088,341,595 francs ; number of accounts on Dec. 31, 1891, June............... ll*90o. I Sept................. ll-73o. |D ee.................ll-7 0 e *
July................ ll-7<to. Oct................. ll-70o. .Tan.................. .........
144,576— increase of 18,293 ; net profits, 14,179,679 francs, out A u g................ ll-7 0 e. I N o v ................. ll-7 0 o I F e b ............... .........
•of which a dividend of 12 per cent, 12,000,000 trance,
— a decline of 20@30 points for the week.
on the paid up capital of 100,000,000 francs, was paid to the
R aw sugars have been firm, but quiet, closing at 2%c. bid
stockholders, and the balance of 2,179,679 francs was carried for fair refining muscovado and 3%c. bid for centrifugals, 96
over to the new account. The balance sheet of Dec. 31, 1891, deg. test. Refined sugars have been in fair demand at fu ll
shows 666,506,147 francs as the amount of deposits and prices; crushed is quoted at 5cfc5%c. and granulated at 4% @
accounts current with the institution (an increase of 55,819,288 4%c. The boiling grade of molasses has been steady, and to
francs over 1890), and bills receivable 544,114,254 francs im day 250 hhds. Cuba, 50 deg. test, sold at 10%c. A t the tea
mediately discountable at the Bank of France. A statement sale on Wednesday the offerings were reduced, and prices
o f the bank w ill be found in the Chronicle advertisements.
were steady, except for Formosa which was lower.
— Messrs. E dw ard Sweet & Co., of this city, and the Mer
cantile Trust & Deposit Company, of Baltimore, offer a
limited amount of the first mortgage, thirty-year gold bonds
o f the Roanoke & Southern Railway Company, the principal
and interest of which are guaranteed by the Norfolk & W est
ern Railroad Company by endorsement upon each bond.
That company owns the whole capital stock of the Roanoke
& Southern Railway, the property of which consists of 122
miles of road that forms an important part of the Norfolk &
W estern system. The total amount of the issue, of which
the bonds offered are a part, is $2,041,000, equal t o '$16,661
per mile. They are offered at 97% and accrued interest.
— The report of the proceedings at the annual meeting of
the shareholders of the Bank of Montreal, held on the 6th
inst., w ill be found at length in this issue of the Chronicle .
The remarks of the officials w ill re-pay perusal. Two divi
dends of 5 per cent each, aggregating $1,200,000, were de
clared from the profits of the year, ancia balance of $565,615
carried fo rw a rd .H M
— The KuickerbockerTTrust Company of this city has just
declared its semi-annual dividend of 3 per cent for the six
months past, payable July 1. Mr. John P. Townsend is Presi
dent. See card in another column.
Seed leaf tobacco has been much les3 active, owing to the
very favorable prospects of the next crop. Sales for the week
are only 1,300 cases, as follows: 400 cases 1890 crop, W is. H av
ana, 12%@15c.; 2o0 cases 1891 crop, W is. Havana, 9 3) 18c.; 400
cases 1891 crop, N e w E agland Havana, private terms; 150
cases 1890 crop, Pennsylvania seed, 12%^15c., and 150 cases
1890 crop, Pennsylvania Havana, 13% a 40c.; also 1,000 bales
Havana, 60c.(d$115, and 400 bales Sumatra, $2 35@$3 35.
Kentucky tobacco is firm but quiet.
Straits tin has made a further advance, but with little ac
tivity, the sales ior the week aggregating only 150 tons, and
I the close is quiet at 22-10c. Ingot copper is dull and is quoted,
as in our last, at 11 *85c. for Lake. Domestic lead has been
dull, and is again easier at 4‘15c. P ig iron is dull and is
quoted lower at $13 50@ $15 for No. 2. Southern and North
ern.
Refined petroleum is quoted at 6c. in bbls , 6'80c. in cases
and 3-50c. in bulk ; naphtha, 5c.; crude in bbls., 5-30c. and in
bulk 2-80c. Crude certificates very dull at 54% § 55s. Spirits
turpentine is about steady at 29% <030c. Rosins are dull and
weak at $1 25@$1 27% for strained. W o o l has been mor®
active for low grades, including spring clips from Texas and
California. Hops are unsettled. Crop prospects have im
proved.
__
1012
THE
C O
T T O
N
C H R O N IC L E .
.
F r i d a y , P. M., June 17, 1892.
P T h e M o v e m e n t o f t h e C r o p , as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total« receipts have reached 25,494 bales,
against 30,526 bales last week and 34,444 bales the previous
week, making the total receipts since the 1st of Sept., 1891,
013,206 bales, against 6,831,837 bales for the same period of
1890-91, showing an increase since Sept. 1,1891, of 181,369 balep.
R e ce ip ts a t —
lion. Tues. Wed. T h u rs . F r i .
T o ta l
38
56
9 220
344
107
774
........
........
......
... .. .
. .. .. .
153
153
583 6,852 3,126
35
719
282 11,597
101
318
142
9
152
8
730
S a t.
[Voli LTV,
In addition to above exports, our telegrams to-night alsu
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
W e add similar figures for
N e w Y ork , which are prepared for our special use by Messrs.
Carey, Y a le <fc Lambert, 24 Beaver Street.
On Shipboard, not cleared—f o r
June 17 at—
Great
Other CoastB rita in . Trance. Foreign wise.
New O rleans...
Galveston........
Savannah........
Charleston.. ..
M o b ile ..... . . . .
N orfolk............
New Y o rk ........
Other p o rts ....
5,463
None.
None.
None.
None.
3.000
6,500
6,329
None.
None.
None.
None.
None.
115
None.
4,720
None.
None.
None.
None.
241
527
600
900
None,
L e a v in g
_ . ,
Total.
Stock.
16,753
527
600
900
None.
5,200
10,015
15,000
117,630
20,669
23,254
21,193
12,186
9,512
315,574
28,660
Galveston....
El Paso, &c..
1,000
1,200
New Orleans...
3,400 None.
8.000
Mobile.........
7,000 None.
Florida__
T otal 1892... 22,963
6,444 16,120
3,468
48,995
548,878
Savannah....
1,511 1,572
251
638
273
401 4,646
Total
1891...
15,879
1,262
........
Brunsw’k, <fec. ........
5,909
4,365
. .. .. .
27,415
294,902
704
704 T otal 1890...1 14.054 None. 3,414
2,350
19,818
129,330
Charleston....
35
135
32
79
11
263
555
The speculation in cotton for future delivery at this market
PortRoyal,<&c ..... ........ ........ ........
1
1
Wilmington__
13
29
7
48
2
131
280 made an important decline in prices during the first half of
the week under review, not however without frequent fitful
Wash’gton,&e ...... ......
Norfolk........
279
455 1,046
202
792 2,800 exhibitions of strength. The firmer tone imparted by the re
26
West Point...
866
24
212
208
55
137 1,002 port from the Department of Agriculture was soon dissipated,
in part to the fact that the report itself was widely
N’wp’tN’s.&o. ........ ...... .....
142
142 owing
discredited, but mainly to the very favorable weather for the
New York....
53
100
153 growing crop which has prevailed since the 1st instant.
Boston........
134
182
97
450
126
107 1,096 The movement of the crop has been large for this
Baltimore....
123
123 atage of the season— exceeding materially the figures
PiUladelph’a.&c
25
47
219
242
738 for the corresponding periods of last season, which were then
205
Totalsthisweek 3,330 9,531 5,057 2,020 1,950 3,606 25,494 regarded as phenomenally large. The visible supply in the
The following shows the week’s total receipts, the total sine e
Sept. 1,1891, and the stock to-night, compared with last year
Receipts to
June 17,
G alveston ...
E l Paso,&c.
N ew Orleans.
M ob ile. . . . .
F lo rid a ........
S avan n ah ...
Bruns., &o.
Ch arleston ..
• P. Royal, &o
W ilm in gton .
Wash’tn,&c
N o rfo lk ........
W est Point.
Nw ptN.,& o
N ew Y o r k . ..
Boston.........
Baltim ore__
P h ll’del’a.&o
T otals.......
1891-92.
1890-91.
This Since Sep.
Week. 1,1891.
774 1,134,239
153
43,159
11,597 2,455,992
730 263,707
24,776
4,646 1,010,314
704 163,188
555 458,793
1
1,530
280 160,470
2,342
2,800 514,976
1,002 332,063
142
45,880
153
88,089
1,096 131,962
123
93,686
738
83,035
25,4941 7,013,206
Stock.
This Since Sep.
Week. 1,1890.
2,393
4,924
317
3,025
101
1,542
2
265
1,785
1,498
673
1,458
1,418
1,190
995,462
23,764
2,037,056
291,510
44,560
1,111,062
188,199
505,175
1,008
188,096
3,746
637,847
343,039
96,185
134,200
115,523
49,657
65,748
1892,
1891
21,196
6,988
134,383
12,186
97,578
9,194
23,854
9,500
22,093
6,982
11,955
4,683
14,712
1,189
9,401
850
2,221
161,894
2,800
2,610
7,611
325,589
5,800
16,456
8,460
20,621 6,831,837
597,873 322,317
I n o rd e r t h a t co m p a riso n m a y be m a d e w it h o th e r v e a r . w e
g iv e b e lo w th e to ta ls a t le a d in g p orts f o r s ix seaons.
Receipts at—
1892.
1891.
1890.
1889.
1888.
1887.
G alv’ston,&c
N ew Orleans
M obile.........
S avan n ah ...
Charl’ st’n,&c
W ilm ’g t’n,&c
N o rfo lk ........
W 't Point, &c
AH others...
927
11,597
730
4,646
556
280
2,800
1,144
2,814
2,393
4,924
347
3,025
1,544
265
1,785
2,171
4,167
33
1,898
39
134
203
14
13
60
953
397
842
34
53
165
3
548
375
884
812
4,676
92
1,769
768
5
1,879
1,157
2,070
1,345
Xot.thisweek
25,494
20,621
3,347
3 301
13,228
2,364
39
643
64
90
36
91
56
Since Sept. 1. 7013,206 6831,837 5774.645 5485,700 5416,973 5187.182
n ^ P o r ^a * o r tke T eek en<iin g this evening reach a total
Oi 42,023 bales, of which 32,736 were to Great Britain, 478
to France and 8,779 to the rest of the Continent. Below are
R xporu
from —
Week Ending 'June 17.
From Sept. 1,1891, to Jane 17, 1892
Exported to—
Exported to—
Great
Conti Total
Great
ContiFrana
France
Brit’n.
nent. Week. Britain.
Total,
nent.
Galveston......
Velasco, &c....
New Orleans.. 11,407
M obile...........
Savannah .....
Brunswick__
Charleston....
Wilmington...
N orfolk..........
W est Point...
2,110
N ’portNws, &c
N ew Y ork ..... 12,707
Boston..........
1,249
Baltimore......
6,137
Philadelp’a.&c156
T o ta l...........
137
137
240 ll,6 l7
1,150
2,110
478
32,766
478
T otal, 1890-91. 28,022
6,697
1,150
5,002 18,187
27 1,276
2,223 7,360
156
630,360 79,905
3,753
942,648 497,575
37,866
175,607 30,197
98,947 4,849
160,030 5,550
61,671
147,318 7,900
93,139
21,979 5,272
491,178 36,145
257,070
108.640 7,611
19,553
97,349 807,614
36,358
40,111
628,516 2,068 739
37,866
291,231 500,035
103,796
180.432 316,012
52,902 114,573
36,834 192,112
16,637 109,776
27,251
198,713 726,036
10,222 267,292
144,780 261,031
708
20,261
8,771 42,023 3,249,759 675,004 1,697,742 5,622,505
4,731 38,450 3,272,007 652,955 1,785,717 5,610,679
markets of the world was maintained at excessive figures,
causing some anxiety on the part of holders, in view of the
near approach of a new crop. V ery high water was main
tained in the lower Mississippi River, m aking certain that
wide areas of bottom lands cannot be planted; but this fact, as
an element of strength to the market, seemed to have been
fully “ discounted.”
On Wednesday there was an important
decline, which was attributed to a free realizing movement
prompted by the distrust that was felt regarding the “ anti
option b ill” and the excessive visible supply so close to the
period when a new crop w ill begin to come upon the market.
On Thursday a further decline, in which A ugust contracts
sold at 7’36c., a decline of 60 points from recent highest fig
ures, was followed by a sharp recovery on the news from
Washington that the “ anti-option bill ” w ill probably not pass
at this session of Congress. To-day there was a very unset
tled market. The opening was a little dearer, followed by a
considerable decline. k In the last hour there was a partial
recovery on a demand to cover contracts, prompted by
drought reports from the South. Cotton on the spot has
been fairly active for export and home consumption, but at
declining prices. Quotations were reduced l-16c. on Satur
day, Monday, Tuesday, Wednesday and Thursday. To-day
there was a recovery of l-16c. and the market closed at
7%c. for middling uplands.
The total sales for forw ard delivery for the week are 754,900
bales. For immediate delivery the total sales foot up this week
13,488 bales, including 5,487 for export, 4,301 for consumption,
------for speculation, and 3,700 on contract. O f the a b o v e ------bales were to arrive. The following are the official quotations
for each day of the past week— June 11 to June 17
UPLANDS.
S a t.
Ordinary...........................# lb.
Strict Ordinary.....................
Good Ordinary.........................
Striot Good Ordinary...............
Lo w M iddling............ ..............
8lrict Low .M iddling.................
M iddling...................................
Good M iddling..........................
8triot Good M iddling...............
Middling F a ir...........................
F a ir..........................................
5 »i 6
GULF.
5*16
53a
5916
f i9ie16 6 I3
6“
67,6
678
613i 6 6%
7 14
73le
7%
73s
7ia
£Iie
738
F » m 6 778
8 I4
81s
83ie
g f l « 8%
film
918
91!
«
9316
5 14
S a t.
Ordinary...........................$ lb.
Striot Ordinary.........................
Good Ordinary.........................
8urict Good Ordinary...............
Low M iddling...........................
8trict Low M iddling.................
Middling...................................
Good M iddling..........................
Striot Good M iddling...............
Middling F a ir...........................
Fair . .....................................
STAINED.
ÍS o u T u e s W e d
Öls
5ia
638
e iiis
7 116
S at.
55g
6
678
731 6
59le
5ia
51-16 578
6%
718
7He
7ia
771 6
71*16 7%
7 1 I 16
7i516 7 78
8
8®16 8 I4
8016 8 I2
8716
9
9 13
9 I 16
93a
9 12
9716
M on Tues W ed
Good Ordinary..................# lb . 41316
Striot Good Ordinary............... 57l0
Low M iddling.......................... Ö&16
Middling................................... 7 1 4
MARKET a n d
4%
53s
6 I4
7316
41He
63le
718
sales.
5718
6’ ie
63a
7
7H
£ 1«
71316 7%
8 He 8
¿38
89*6
9
M on Tues W ed
5H10
6He
91516
7 I4
75s
7''r
¿H ö
838
85s
9*16
99t6
Th.
45g
5 I4
6H
7He
F r i.
5 19
5 13
638
6 I I 16
7He
£“16
7H
I “
83g
9
Th.
F r i.
5 He
513i6
e lija
7
738
7S8
713ie
8H
5H
57s
6%
7He
77i6
7 I I 16
77s
889
8He
81-16 9
516 93a
9
Th.
F r i.
45a
5 14
6He
7
618
7He
. SALES OF SPOT AND TRAN SIT.
SPOT M ARKET
CLOSED.
E x
port.
Saturday Steady at H e 6 0 . 1,192
Monday.. Q’ t & st’y, H «dc.
896
Tuesday.. Easy at H 6 dec. 1,382
Wed’d a y . Easy at Ha dec.
Thursday Quiet at He dec.
rid a y ... Steady at He ad. 2,017
T o ta l... ..........................
5,487
Oon- Spec- Con
sump. u l't’n tract. Total.
574
2 ,3 7 4
524
40
455
334
4,301
1,766
2,900 6.170
300 2,206
40
--455
500 2,851
----!.3,70o!l3,488
Sales of
Futures.
73,700
128,200
130.400
157.100
160.100
105.400
754,900
THE
J une 18, 1892,]
T he Sales and P rices of F utures are
following comprehensive table:
►3
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00 00
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H H
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922,000
3,600
96,000
7,000
200
6,000
166,000
4,000
76,000
8,000
6,000
862,000
2,300
38,600
19,000
300
25,000
103,000
5,000
64,000
13,000
9,000
Total Continental stocks........
372,800
279,200
F
®
H
I Sri:
©
© ®
©OiM^
I ôP:
Total Am erican.................. 2,926,875 1,930,385 1,092,695 1,055,872
M a tt I n d ia n , B r a z il, A c .—
Liverpool stock. .................. - 220,000
London stock..........................
9,000
Continentalstocks................. 174,800
India afloat fo r Europe........... 260,000
Egypt, Brazil, &o., afloat........
28,000
<K ®
to to MB
Total visible supply......... 3,618,675 2,591.285 1,782,495 1,631,072
Prioe Mid. U p l.,L iv e rp o o l....
43i6d.
49i6d.
67i6d.
6 ii«d ,
Price M id. Upl., N ew Y o r k ....
7sso.
83se.
12*80.
11c.
<I<1 !d
G
Ò1—
©OG
—
i®
B
1s « :
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w© ©
tí»
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coco fl>
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I s «:
M©OM
©O®©
C0»^ <1
jEgr The imports into Continental ports this week have been
89,000 bales.
The above figures indicate an in c r e a s e in the cotton in sight
to-night of 1,027,390 bales as compared with the same date
of 1891, an in c rea s e of 1,886,180 bales as compared with the
corresponding date of 1890 and an in c r ea s e of 1,987,603 bales
as compared with 1889.
A t the I nterior T owns the movement—that is the receipt
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 1890-91—is set out in detail in the
©bowing statement.
►sí a o « a wc t*o wasa
5
© ©
B
! S ri:
gf^s.® » g S ö S - g f ® !® . p e i
p 5‘ & S S l 't3‘ ® “ B c»5® b g « *
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§ >•
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V ^ V v ib ^ V œ V H a V o H o b V û ô V c D V œ V œ V o ^ b ^ ic n b ÇO»
^rOM-*h3O5«D«0h-i CD»CJlCiÌK)1CCDa)rf»-CDQ0tì0C0C005OCDC0»-‘ 05a)0i3Q0
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H M ^ H
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This
week.
co
X 05
H
O F -»
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Í Orf*-tfFX«5t9X05F-4XXMXXtOCOIOXX^OCO»-»X^F-»CO^XX05
O Op 05MCDp^COCDo X X 05O O CD05O¿9 X X X COO 0110X K) 05
h cox'coV ' como'cotob&'co^ox o ' h V ^ V o ®OMF-obslolobo'
OOKTOOI905^X ÎOt0F-»O5C'O(fFHàC5O 19^005^1^05 05^ 0 X 0
C0OOI0XC0O05rfs.lH*OX05F-»Ol0l0XOC0CDC0l9F-»0iCDXt0XC0CD
Since
Sept.l,’90.
;
;
• 05
I0XM 05X X
to;
; tfF^io&Mxxxt9cocoxx£>*M*ooxcD!
• 05CDX»-*O]^XOO^F-*C0C005XMi^X*
í°
XX
;
HOOH fcOHHMkOWK) Ò X M X ^ H CDCD*
ÔÎOOHCDHHX^ XCOFOOöO O O O 05XXO!
tOXOOCOtOF-»yiO^F^Ol^H4H-COOOC5COlOtO.
¡ ]9
H
• 190 X CD bo'tO
¡ OtOCDXXOCO
• OCOXOXOF-4
X
M
to M
H» Xrf^ MO H
\
b w COF-»bi CDGOXlo ’ 05' ©Tu 'xM-OV tolo'CO« !
o •-* iH*05rfF*X X CO; H*. O^XF^CDCDXOCDOÎ [
O CDCOO X H COH CO
• H CDO O X CDX CO05H ■ •
* Louisville ttgures “ n e t” in both years,
t This year’s figures estimated.
H
H
MXCDrf^ MJ9X
O C510XV X X
X05OOOOI0
OXO05OOX
s
»
»
S
£
S’
Stock
June 19.
to exch. 300 Aug. for Deo.
•05 pd. to exch. 100 July for July.
to exch. 300 June for Feb. ‘53 pd. to exch. 2,000 July for Janto exch. 400 July for Sept. •07 pd. to exch. 1,400 July for Aug.
to exch. 200 July for Aug.
— pd. to exch. 600 June for Aug.
to exch. 200 June for July — pd. to exch. 600 Aug. for SeptV 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 cable
S
S ^0
ft-s-g
H
toot UH X£t
OtOOOWGOM
IOCDOXOXO
190
1 05X
The follow ing exchanges have been made daring the week:
to 05
CO CD CD
H GO ^3 F -tO C O 05
H* 10 O Q CD H4CO
tOCOtOM tO*
M^tsdCOtOtf^M
vJMaWMOtOCOH; 05H4CO05 CCOtOQOtOMtO»
*-JODCO 05MCO
tOCO^tOCDfcOOCO^Î >-“-‘ OC0CDC005C0rf^t005C0¡ CD05 CO—C0C0<1
to CO<1 COCO^ f- to « COOOCOOCD tOO5C5lt0CDCD*
ÛO00CO05<105CO
I
s: •
: to M
M HCOH
00CD*
■
ID¡ CD, ^105^C5^OH^05C0;
<1• CD toGOO CO05CDQDGO
O^lCDOtOOOCOCO
<
I I
< !S I
OMOO<lWO
œ © o© !>
ecif- ®il- I
©H-
I I
t5-5
r£
im
sBg111»©
i l gl eË**
b
5
»
: S
S fiori**
á f e l a :, . ms Q;
.? £
. §«D.
• • OBi œ QDPT< • • • O
0000
©©©©
226,000 311,000 266,000
17,000
11,000
14,000
174,900
99,800 120,200
211,000 250,000 141,000
32,000
18,000
34,000
T otal East In dia, & c.........
691,800
660,900 689,800 575,200
Total Am erican.................. 2,926,875 1,930,385 1,092,695 1,055,872
I dr:
I 9 «:
b0
otò
0
<1
I
584,900
Liverpool stock........... bales. 1,404,000 944,000 600,000 582,000
Continentalstocks.................... 590,000 410,000 273,000 159,000
American afloat fo r E u rop e... 129,000 130,000
46,000
66,000
United States stock..................
597,783 322,317 149,148 219,053
United States in terior stocks..
204,922 120,083
23,447
24,876
United States exports to-day.
1,170
3,985
1,100
4,943
ex
MMOM
OCX
764,800
T otal European stocks___ 2,397,800 1,771,900 1,294,800 1,141,200
India cotton afloat fo r Europe. 260,000 211,000 250,000 141,000
Am er.oott’n afloatfor Europe. 129,000 130,000
46,000
66,000
Egypt, Brazil,&c.,afltforE’r ’pe
28,000
32,000
18,000
34,000
Stock in United States p o rts .. 597,873 322,317 149,148 219,053
Stock in U. S. interior tow ns.. 204,922 120,083
23,447
24,876
United States exports to-day.
1,170
3,985
1,100
4,943
jslm e rxcan —
®
1d :
1© :
1s ; :
1 s; :
X
H
1 x o x
,xox
II.
i 1•
I
I
:
f
1:
•x c x
*
05 CD
X X
* Includes sales in September, 1891, fo r September, 19,600; Septernber-October, for October, 344,200; September-November, for N ovem
ber, 619,00ti; September-December, for December, 1,067,300; Septeinber-January, for January, 3,997,200; September-February, fo r Febru
ary, 1,739,800; September-March, for March, 3. )22,10<; SeptemberApril, for April, 1,507,200; September-May, for May, 3,313,200.
•36 pd.
•66 pd.
•13 pd.
•06 pd.
*04 pd.
The
T otal Great B ritain stock. 1,633,000 1,187,000
Stock at Ham burg..................
3,500
4,500
138,000 137,000
Stock at Bremen...............
26,000
Stock at Am sterdam...............
22,000
300
Stock at Rotterdam ............
400
8,000
Stock at A n tw erp ....................
9,000
434,000
252,000
Stock at H a v re ........................
8,000
10,000
Stock at Marseilles.................
98,000 107,000
Stock at Barcelona.................
18,000
10,000
Stock at G e n o a .....................
31,000
33,000
Stock at T ries te ......................
ÛC» 5
©o B®
MX ©
I !
1
1889.
848,000
14,000
T otal visible supply......... 3,618,765 2,591,285 1,782,495 1,631,072
Of the above, thetotals o f Am erican and other descriptions areas follows:
►
I I
1S: :
1890.
911,000
11,000
©
œ œ o»
to to® tô
►
s I I
Id
I I
1892.
1891.
Stock at L iv erp o o l........bales. 1,624,000 1,170,000
9,000
17,000
Stock at London.....................
I d r:
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shown by the figures for to-night (June 17), we add the item of exports from
the United States, including in it the exports of Friday only.
: g :
P
1013
C H E 0N 1C LE .
The above totals show that the interior stocks have d ecrea sed
during the week 13,942 bales, and are to-night 84,839 bales
and telegraph is as follows. The Continental stocks, as well as m ore than at the same period last year. The receipts at all the
those for Great Britain and the afloat are this week’s returns, towns have been 2,531 bales less than the same week last
and consequently all the European figures are brought down year, and since Sept. 1 they are 129,999 bales m o r e than for the
to Thursday evening. But to make the totals the complete same time in 1890-91.
THE
1014
C H R O N IC L E .
Quotations fob Middling Cotton at Other Markets.—
Below w e give closing quotations of middling cotton at South ©rn and other principal cotton markets for each day of the w eek .
Week ending
June 17.
G alveston...
N ew Orleans
M obile.........
Savannah...
Charleston..
W ilmington.
N orfolk .......
B o sto n ........
Baltim ore...
Philadelphia
A u gu sta___
Memphis___
St. L o u is ....
'Cincinnati..
X/ouisville...
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Satur.
Mon.
lues.
7k
7^3
73s
7k
7k
7k
7k
7k
7k
738
7 lk «
71316
8k
7 k « ,® k
7k
791«
7k
7k
7k
7 14
7^3
7k
738
7k
71316
8k
7k
7k
7»16
7k
7%
Wed/nes.
Thurs.
7k
7716
7k
7316
7k
7k
7k
791«
7u ie
778
7k&
7k
7k
7k
7k
7k
7k
7k
7k
7k
7k
7 ’ ie
7k
7k
7k
77ie
7k
7k
7k
79ie
738
7k
7k
7k
739
7k
7 1116
8
7*1«
7k
7k
7k
7k
F ri.
7716
7k
7k
7k
7k
7
7°ie
7>
7k
7k
7k«
7k
7k
7k
7916
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
A tla n ta ...^ ....
N ew b erry........
7 k Little R o c k . ...
7k
Columbus, Ga.
R a le ig h ...........
7 k M ontgom ery. .
7k
Columbus, Miss
Selma . . . . ___ _
6 k N a s h v ille ........
7k
12uf aula......... .
6 k N a tc h e z....... .
73ie S h revep o rt. ...
Receipts From the Plantations.—The following
6k
7k
7k
6 iiie
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.
Week
Budino—
Receipt» at the Ports. St’kat In terior Towns. Sec’pts from P la n t’n*
1890.
1891.
1892.
1890.
1891.
1892T
1890.
May 13...... 11,505 52,519 50,127 15,681 187,714 264,971
" 20...... 13.833 38,591 30,670 39,867 169,863 256,497
8,776 33,082 36,977 31,841 151,932 215,202
“ 27......
4,187 80,996 31,414 32,822 110,322 230,683
-June 3.....
"
10...... 4,885 27,303 30,526 27,633 137,803 218.884
3,347 20,621 25,491 23,417 120,083 204,922
"
17......
8,066
4,253
1,915
183
1891.
1892.
28,394
20,710
15,151
19,386
14,787
12,398
32,080
22.196
25.682
19.825
18,807
11,552
The above statement shows: 1.— That the total receipts from
the plantations since September 1,1891, are 7,162,199 bales; in
1890-91 were 6,937,350 bales; in 1889-90 were 5,784,533 bales.
2.— That, although the receipts at the outports the past week
were 25,494 bales, the actual movement from plantations was
only 11,552 bales, the balance being taken from the stocks at
'the interior towns. Last year the receipts from the plantations
for the week were 12,898 bales and for 1890 they were
------ bales.
Overland Movement for the W eek and since Sept. 1.—
W e give below a statement showing the overland movement
for the week and since September 1. A s the returns reach ue
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 of course supplementary to the more extended
monthly statements. The results for the week ending June 17
and since Sept. 1 in the last two years are as follows:
1891-92.
June 17.
Week.
Shipped,—
Via 8t. Louis.............................
V ia C a iro ..................................
V ia Hannibal.............................
V ia E vansville..........................
V ia Louisville............................
V ia Cincinnati..........................
V ia other routes, & c.................
Total gross overland..............
¿Deduct shipments—
Overland to N. Y ., Boston, & c..
. B etween interior towns ...........
Inland, &c., from South ...........
T otal to be deducted..............
6,167
1,154
311
774
1,011
564
Since
Sept. 1.
654,185
344,376
162,132
37,564
201,571
157,009
159,756
1890-91.
Week.
3,371
1,635
70
52
1,483
1,215
431
Since
Sept. 1.
653,540
295,833
85,262
27,292
206,023
177,054
145,938
9,981 1,716,593
8,257 1,590,942
2,110
147
1,437
396,772
61,440
95,212
4,066
87
1,820
365,128
111,096
104,666
3,694
553,424
5,973
580,890
L eavin g total net overland*..
6,287 1,163,169
* Including movement by ra il to Canada
2,284 1,010,052
The foregoing shows that the week’s net overland movement
•this year has been 6,287 bales, against 2,284 bales for the same
week in 1891, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 153,117 bales.
I n Sight and Spinners’
Takings.
1891-92.
Week.
Since
Sept. 1.
1890-91.
Week.
Since
Sept. 1.
Receipts at ports to June 17........ 25,494 7,013,206
N e t overland to June 17.............
6,287 1,163,169
Southern consumption to J’ne 17
7,000 553,000
20,621 6,831,837
2,284 1,010,052
7,000 513,000
Total m arketed...................... 38,781 8,728^75
•Interior stocks in excess............. *13,942 148^?93
29,905 8,354,889
*7,723 105,513
Came into sighttluring week.
T otal in sight June 17...........
North’n spinners tak’gs to J’ne 17
* Decrease during week.
24,839
8,878,368
2,096,911
22,182
8,460,402
......
1,920,167
It will be seen by the above that there has come into sight
during the week 24,839 bales, against 22,182 bales for the
same week of 1891, and that the increase in amount in sight
to-night as compared with last year is 417,966 bales.
[V O L . L I V .
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 from points outside of the overflowed
sections are generally of a very favorable tenor.
U nder
the influence of high temperature cotton is developing rapid
ly and the outlook is more promising. In some portions of
Texas rain would be beneficial. There have been further
breaks in the levees in the vicinity of N e w Orleans, but in the
vicinity of Helena the river is failing. Cotton blooms are re
ported in Alabama, Mississippi and Texas.
G a lv e s to n , T e x a s . — D ry weather has prevailed all the week.
The thermometer has averaged 80, the highest being 86 and
the lowest 75.
P a le stin e , T e x a s . — N o rain has fallen the past week. The
thermometer has averaged 79 and ranged from 66 to 92.
H u n ts v ille , T e x a s . — W e have had drv weather all the week.
The thermomoter has ranged from 68 to 94, averaging 81.
D a lla s , T e x a s . — The wheat and oats harvests are progress
ing favorably with fair results. Corn and cotton are doing
well everywhere, but are needing rain in many sections of
the State. Y o u r estimate of 15 per cent decreased cotton
acreage for Texas is regarded as conservative, and as nearly
correct as can be arrived at, though many adhere to a larger
decrease. W e have had no rain during the week. A verage
thermometer 83, highest 98 and lowest 68.
S a n A n t o n i o , T ex a s. — Rain is needed, none having fallen
the past week. The thermometer has averaged 82, the high
est being 94 and the lowest 70.
L u lin g , T e x a s . — Crops are good but would be benefitted by
rain, though nothing is suffering as yet. The thermometer has
averaged 79, ranging from 64 to 94.
C o lu m b ia , T e x a s . — Crops are good but the soil is getting
little dry. There has been no rain the past week. The ther
mometer has ranged from 64 to 94, averaging 79.
C u e r o , T e x a s . — Cotton squares, blooms and bolls are abund
ant; com is silking. Rain is needed. Average thermometer
82, highest 98 and lowest 66.
B r e n h a m , T e x a s . — Crops look promising.
W e have had
one shower during the week, but a good rain is desirable.
The rainfall reached thirteen hundredths of an inch. The
thermometer has averaged 81, the highest being 96 and the
lowest 66.
B elto n , T e x a s . — The small grains harvest continues. Corn
and cotton look well, but are beginning to need rain. The
weather has been dry all the week. The thermometer has
averaged 84, ranging from 66 to 102.
W e a t h e r fo r d , T e x a s . — Corn and cotton look promising.
The weather has keen dry all the week. The thermometer
has ranged from 66 to 98, averaging 82.
N e w O rle a n s, L o u is i a n a . — Rain has fallen on three days o f
the week, to the extent of one inch and twenty- eight hun
dredths. The thermometer has averaged 79.
S h re v e p o rt, L o u is ia n a . — There has been rain on one day of
the week, the precipitation reaching one hundredth of an inch.
The thermometer has averaged 83, the highest being 96 and
the lowest 68.
C o lu m b u s , M is s is s ip p i. — There has been no rain the past
weeik. The thermometer has averaged 84, ranging from 61 to
101.
L e la n d , M is s is s ip p i. — The weather has been dry
week.
80-4.
all the
The thermometer has ranged from 67 to 93, averaging
L i t t le R o c k , A r k a n s a s . — The past week has been dry and
w arm and crops that have been worked have made excellent
progress. Average thermometer 71, highest 93 and lowest 59.
H e le n a , A r k a n s a s .—?The river has fallen a half inch but w ill
go down too late to make much of a crop, especially cotton.
Crops are improving under w arm weather. N o rain has fallen
during the week. The thermometer has averaged 80, the
highest being 91 and the lowest 74.
M e m p h is , Tennessee. — W e have had local showers and
thunderstorms the past three days and more rain is threat
ened. The outlook for cotton is improving as the weather
has been hot all the week. The first bloom was received on
Wednesday from Bolivar County, Mississippi. This is an
average date.
The precipitation reached forty-two hun
dredths of an inch. The thermometer has averaged 83’1
ranging from 67’1 to 96'8.
N a s h v ille , Tennessee. — D ry weather has prevailed all the
week. The thermometer has ranged from 68 to 97, averag
ing 80.
M o b ile , A la b a m a . — The crop is developing promisingly. It
has rained on four days of the week, the precipitation reach
ing sixty-eight hundredths of an inch. Average thermometer
80, highest 95 and lowest 68.
M o n tg o m e r y , A la b a m a . — Cotton is doing well and fields are
clean, but rain js needed. D ry and hot weather has prevailed
all the week. The thermometer has averaged 81, the highest
being 92 and the lowest 70.
S elm a, A la b a m a . — There has been no rain the past week.
The thermometer has averaged 84, ranging from 71 to 95.
A u b u r n , A la b a m a . — The weather has been fair and w arm
all the week. Cotton blooms are observed in some sections of
the State. The thermometer has ranged from 66 to 89, aver
aging 82’2.
M a d is o n ,F lo r id a . —Crops are looking remarkably well, con
sidering the recent drought. There has been rain on one day
during the week, the rainfall reaching forty hundredths of an
inch. A verage thermometer 81, highest 92 and lowest 67.
C o lu m b u s , G e o r g ia . — D ry weather has prevailed all the
week. The thermometer has averaged 87, the highest being
97 and the lowest 76.
THE
J u k e 18, 1892,]
S a v a n n a h , G e o r g i a . — Rain has fallen on three days of the
week to an inappreciable extent. The thermometer has aver
aged 77, ranging from 65 to 92.
A v g u s t a , G e o r g i a . — Cotton is doing well, but rain is needed
at some points. Rain has fallen on two days of the week, the
precipitation reaching three hundredths of an inch.
The
thermometer has ranged from 65 to 94, averaging 78.
C h a rle s to n , S o u t h C a r o l in a . — W e have had rain on three
days of the week, the rainfall reaching nine hundredths of an
inch. Average thermometer 77, highest 92 and lowest 68.
S ta te b u r g , S o u th C a r o lin a . — N o rain has fallen all the
week. The thermometer has averaged 75*6, the highest being
89-5 and the lowest 68'5.
W ils o n , N o r t h C a r o l in a . — W e have had rain on one day of
the week, the precipitation reaching forty-seven hundredths
o f an inch. The thermometer has averaged 78, ranging from
62 to 90.
The follow ing statement w e have also received by telegraph
showing the height of the rivers at the points named at 8
o’clock June 16, 1892, and June 18, 1891.
June 16, ’92. June 18, ’ 91.
Feet.
7*7
19 9
53
14-8
27-6
Feet.
16-9
33-5
9-3
31-3
47-9
N ew Orleans___ ...... Above low-w ater mark.
memphis........... ___ Above low-water mark.
N a s h v ille ......... ...... Above low-water mark *
jsn tv e p o rt........
Vi --burg......... ...... Above low -w ater m ark.
iJSBiA Cotton Movement peom a l l P orts.— Tne receipts
and Pipments of cotton at Bom bay have been as follows for
the week and year, bringing the figures down to June 16.
BOMBAT RECEIPTS AND SHIPMENTS FOB FOUR YEARS.
Shipments since Sept. 1.
Shipments this week.
Conti
nent.
Great
Year Great Conti
B rit'n . nent. Total. B rita in
’ 91-2 1,000 12,000 13.000
90-1 2,000 30.000 32.000
»9-90 13,000 42.000 56.000
88-9 2,000 5,000 7,000
67.000
95.000
350.000
367.000
Receipts.
This
Week.
Total.
Since
Sept. 1.
761.000 828.000 60.000 1.606.00C
870.000 965.000 48.000 1,920.00t
1054000 1.404.000 35.000 2,127,001
850.000 1.217.000 33.000 1,766 eoo
According to the foregoing Bombay appears to show
an in crea se compared with last year in the week’s receipts oi
12,000 bales and a decrease in the shipments of 19,000 bales, and
the shipments since Sept. 1 show a decrease of 137,000 bales,
The movement at Calcutta, Madras, and other India ports foi
the last reported week and since the 1st of September, for two
years, has been as follows.
“ Other ports” cover Ceylon.
Tuticorin, Kurrachee and Coconada.
Shipments for the week.
Great
B ritain.
Calcutta—
1891-92...
1890-91...
M a d ra s 1891 92 ..
1890-91...
A ll others—
1891-92...
1890-91,..
1,000
2,000
T otal ail—
1891-92...
1890-91...
3,000
2,000
Conti
nent.
Shipments since Sept. 1,
Great
B rita in .
Total.
Continent.
1015
C H E O N IC L E
Total.
Great B rita in .
October 1 to June 1.
Total.
Continent.
F o r 1 8 9 1 -9 2 .
5,115.000
2,815,000
2,300,000
Takings by spinners...hales
478-7'
493
467
Average weight of bales.lbs
Takings in pounds . . . . . ____ 1,133,900,000 1,314,605,000 2,448,505,000
F o r 1 8 9 0 -9 1 .
5,711,000
3,120,000
Takings by spinners., .bales
2,591,000
471-2
463
Average weight o f bales.lbs.
4SI
Takings in pounds............... 1.246,396.000 1,444,936,000 2.691.332.000
According to the above, the average weignc of the deliveries
in Great Britain is 493 pounds per bale this season, against
481 pounds during the same time last season. The Continental
deliveries average 467 pounds, against 463 pounds last year,
and for the whole of Europe the deliveries average 478-7
pounds per bale, against 47 -2 pounds last season. Our dispatch
also gives the full movement for this year and la3t year in
bales of 400 pounds.
Oct. 1 to June 1.
Bales o f 400 lbs. each,
000s omitted.
1890-91.
1891 92.
Conti Total,
nent.
Great
Britain.
Conti
nent.
Total.
Great
Britain.
Spinners’ stock Oct 1.
Takings in October...
145,
317,
326,
208,
471,
525,
86,
321,
227,
205,
313,.
526,
Total supply........
Consump. Oct., 4 wks.
462,
328,
534,
348,
996,
676,
407,
332,
432,
348,
839,.
680,
Spinners’ stock Nov. 1
Takings in November.
134,
331,
186,
365,
320,
696,
75,
389,
84,
379,
159*
768,.
Total supply........
Oonsump. Nov., 4 wks.
465,
328,
551,
348,
1,016,
676,
464,
332,
463,
348,
927,
630,
Spinners’ stock Dec. 1
Takings in December.
137,
435,
203,
577,
340,
1,012,
132,
509,
115,
659,
247,
1,168,.
Total supply........
Consump. Dec., 5 wks.
572,
410,
780,
435,
1,352,
845,
641,
415,
774,
435,
1,415,.
8*0,
Spinners’ stock Jan. 1
Takings in January..
162,
378,
345,
417,
507,
795,
226,
463, .
339,
514,
565,.
977,
Total supply........
Consump. Jan., 4 wks.
540,
328,
762,
348,
1,302,
676,
639,
332,
853,
348,
1,542,
680,
Spinners’ stock Feb. 1
Takings in February.
212,
363,
414,
344,
626,
707,
357,
362,
505,
449,
862
811,.
Total su p ply......
Consump. Feb., 4 wks.
575,
328,
758,
348,
1,333,
676,
719,
332,
954,
348,
1,673,
680,
8pinners’ stock Mch. 1
Takings in March......
247,
492,
410,
495,
657,
987,
387,
411,
606,
500,
993,
911,.
1,000
8,000
11,000
28,000
39,000
36.000
50.001
Total supply.......
Consump. Mar., 5 wks
739,
410,
905,
435,
1,644,
845,
793,
415,
1,106,
435,
1,904,
850,
2,000
20,000
19,000
13,000
15,000
33.000
34,000
Spinners’ stock Apr. 1
Takings in A p ril........
329,
221,
470,
410,
799,
631,
383,
3 LO,
671,
423,
1,054,
733,
1,000
1,000
3,000
30,000
40,000
58.000
62,000
88.000
102,000
Total supply........
Consump. Apr., 4 wks.
550,
258,
880,
348,
1,430,
606,
693,
328,
1,094,
353,
1,787,
686,
2,000
3,000
4,000
58,000
70,000
99,000
116.000
157.000
186.000
Spinners’ stock M ay 1
Takings in M ay.........
292,
298,
532,
470,
824,
768,
365,
351,
736,
433,
1,101,
834,
The above totals for the week show that the movement from
the ports other than Bombay is 1,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1,1891, and for the corresponding
periods of the tw o previous years, are as follows:
Total supply........
Consump. May, 5 wks
590,
375,
1,002,
435,
1,592,
810,
716,
410,
1,219,
435,
1,935,
845,
Spinners’ stock June 1
115,
567,
782,
306,
784,
........
1,00®
2,000
..
EXPORTS TO EUROPE FROM A L L IN D IA .
1891-92.
Shipments
to a lt Europe
fro m —
This
week.
Since
Sept. 1.
1890-91.
This
week.
A ll other ports.
13,000
3,000
828.000 32,000
157,000
4,000
T ota l.........
16,000
985,000
Since
Sept. 1.
1889-90.
This
week.
Since
Sept. 1.
965.000 55.000 1,404.000
186.000 11.000 278.000
36,000 1,151,000 66,000 1,682.000
A lexandr ia Receipts and Shipments .— Through arrange
ments w e have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, w e now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and fo r tb e
corresponding week of the previous two years.
Alexandria. Egypt,
June 15.
Beeeipts (oantars*)___
This week___
Since Sept. 1.
Exports (bales)—
To L iv e rp o o l...........
To Continent...........
1891-92.
1890-91.
5,000
4,654,000
5,000
4,012,000
3,160,000
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
4.000 321.000
5.000 249.000
3.000 280,000
2.000 227,000
1,000 261,000
2,000 163,000
1889-90.
T otal Europe........ 9,000 570,000 5,000 507,000 3,000 424,000
» a cantar is 98 pounds.
E uropean Cotton Consumption to June 1.— W e have
received to-day by cable, Mr. Ellison’s cotton figures brought
dow n to June 1. The revised totals for last year have also
been received and w e give them for comparison. Spinners’
takings in a c t u a l bales and pounds have been as follows:
L,090
T h e com p a riso n w it h la s t y e a r Ì3 m a d e m ire s tr ik in g b y
b rin g in g to g e th e r th e a b o v e to ta ls an d a d d in g th e a v e r a g e
w e e k ly c o n s u m p tio n u p to thi3 tim e f o r th e t w o y e irs.
Oct. 1 to June 1.
Bales o f 400 lbs. each.
000s omitted.
1890-91.
1891-92.
B rita in
nent.
Total.
Great
B rita in
Continent.
Total,
145,
Spinners’ stock Oct. 1.
Takings to June 1___ 2,835,
326,
3,288,
471,
6,121.
86.
3,116,
313,
227.
3 612, 6,728,
Supply....................... 2,980,
Oonsumpt’n 35 weeks. 2,765,
3,612,
3,045,
6,592,
5,810,
3,202,
2,896,
3,839. 7*041,
3,055, 5,951,
215,
567,
782,
306.
784, 1,090,
Spinners’ stock J’ne 1
Weekly Consumption,
00s omitted.
170,0
169,0
83,0
87,0
87,0
82,0
In October..............
170,0
169,0
83,0
87,0
87,0
In Novem ber.......... 82,0
170,O’
83,0
87,0
82,0
169,0
87,0
In D eoem ber.........
170,0
87,0
82,0
83,0
169,0
87,0
In Jan u ary............
170,0
83,0
87,0
87,0
169,0
In F ebruary........... 82,0
170,0
87,0
83,0
169,0
87,0
In M arch................ 82,0
82,0
89,0
171,0
87,0
169,0
In A p ril.................. *82,0
82,0
87,0
169,0’
87,0
169,0
In M ay................... *82,0
* The average weekly consumption is as given by Mr. E.lison, deduc
tion of 70,000 bales from the April total being made on account of the
stoppage of spindles, and from the May totals 35,000 bales are deducted.
The foregoing shows that the weekly consumption is
169,000 bales of 400 pounds each, against 169,000 bales of like
weights at the corresponding tim e . last year.
The total
spinners’ stocks in Great Britain and on the Continent have
decreased 42,000 bales during the month, and are now 308,000bales less than at the same date last year.
1016
THE
C H R O N IC LE.
Manchester Market.— Our report received by cable to-night
from Manchester states that the market is firm for both
yarns and shirtings. The demand for cloth is good, but for
yam s poor. W e give the prices for to-day below and leave
those for previous weeks of this and last year for comparison:
1892.
32« Cop.
Twist.
M y 13
“ 20
“ 27
J ’n e 3
“ 10
a 17
d.
63s
638
63g
638
638
6°8
1891.
Cott’n
Mid. 32* Cop.
Twist.
TJplds
lbs.
Shirtings.
83«
d.
,@788
®738
'©7*2
s.
5
5
5
'3)7^2 5
'@71è 5
'@7s8 5
d. s.
lta ® 6
li* © 6
2 ®6
2 ®6
2 ®6
3 ®t>
d.
«i«
6i*
7
7
7
8
d.
d.
d.
3i5ie 7*8 ® 7 b8
7
1
8
@75g
* 116
4 *1 6 7 *8 @7^8
4316 7 1l 6 ® 7 9 i 6
7 '©71*
J.I 4
4 *1 6
The rainfall averages are as follows:
Febi uary.
Rainfall Averages.
1892....... ...........
1891 (fu ll)...........
to90 (fu ll)...........
1889 (good).......
1888 (good)..........
1887 (g o o d )___...
Ootfn
Mid.
Upld
814 lbs.
Shirtings.
a . d.
s. d.
5 10 -©6 10
5 10 @6 10
5 10 -©610
5 10 ® 6 10
5 9 i*® 6 9 1 «
5 9 @6 9
d.
Avge.
C*
0
67-0
75'8
78-2
66-5
70-9
71-4
20-4
22-4
27-2
17-2
10-5
24-2
45-1
49-8
53-0
38*4
44-J
48-9
70*4
70*0
75*3
700
70*5
77*2
22*8
24*5
19*4
27*7
20-5
27*1
45*7
45*7
48*9
47*3
48*1
48*2
77*8
82*5
83-0
80*0
83*1
84*0
29*2
?8*fi
32*8
30*4
36*0
30*8
59*4
59.-S
01*4
00*0
58*0
80*0
80-0
87*9
91*8
89*8
89*3
69-9
79-8
80-9
70-9
71-9
74-8
26-0
27-3
35-1
20-6
21-0
30-7
49-8
55*5
E8*4
44.4
50*3
54-0
75*2
72*4
82*1
74*0
76*5
70*4
24*2
29*7
28*2
29*1
24*7
80*7
51*9
50*7
54*0
51*9
52*9
62*9
82*1
83*0
80 0
84*9
88*7
80*0
37*?
83*0
42*6
39*8
39*1
35*7
02*4
03*1
03*9
04*0
04*7
02*7
90*3
93*8
87*0
95*0
89*7
89*3
47*9
.45*3
47*3
45*9
44*1
51*0
70*1
69*4
71*4
72*2
70*2
71*5
70-0
78-8
78-5
73-0
68*8
75-1
29-0
24-2
337
18-5
20-0
c3*0
5C*9
55-2
57-1
43-2
51*0
55*5
79*8
75*3
79*0
77*8
77-P
77*9
23*5
30-0
21*8
32*7
28*2
29*4
52*4
51*3
53*0
53*1
53*3
58*9
83*2
85*.<
84*7
85*2
86*9
88*1
38*7
32*7
43*3
40*0
45*1
85*4
63*8
64*4
64*7
03*4
00*0
04*1
89*8
89*7
8S*7
92*8
92*7
90*9
49*0
47*8
40’S
45*7
50*2
50*7
71*8
69*8
71*5
71*0
70*8
739
80-0
84-5
81-5
78-8
78-8
81-8
37-5
33-5
45-0
32-3
33-0
89-2
eo-4
00-9
04-7
52-6
59*9
04-5
83*5
82*3
85-8
81*0
83*4
79-5
31*0
41*0
,H0'(l
88*4
35*2
37*1
00*7
03*3
01*3
58*8
01*0
59*7
80 3
80*5
87*8
87*6
87*0
80*3
448
30*3
50*2
45*2
50*8
40*0
09*6
67*4
70*3
00*8
70*9
60*P
90*8
89*8
89*5
92*8
91*1
88*1
53*8
54*8
55*3
50*0
58*1
■5ts*9
74*5
76*8
74*9
72*6
75*1
73*3
72-5
78-9
79-0
74-0
70-0
71-U
29-5
25-0
29-8
22*1
25*5
33-8
53*2
50-1
59-0
40-9
54-1
59-2
79*0
77*2
79*5
70*0
77*0
77*7
21*5
80*3
2 1 *i
34*0
35*8
32 6
53*1
54*4
54*9
54*0
55*7
57*8
84*9
85*5
83*3
80*5
83*9
80*0
39*2
30*(
46*C
42*0
41 *8
39*2
60*0
04*9
00*1
04*5
07*5
05*3
89*5
90*5
80*9
88*5
87*P
90*0
40 2 70*4
45*3 69*5
48*5 71*8
70*2
49*9 71*5
59*1 74*3
75-8
80-7
81-0
78-5
73-8
78-1
30*8
27-1
29*0
28-8
33-H
89*1
57-4
58*5
02*2
61*5
56-1
01*8
80*2
79*5
83*4
80*5
81*0
80*3
25-5
32*8
24-2
88*1
30*5
41*5
55*C
57*4
59*0
58*2
00*8
03*0
87*0
87*0
85*3
80*8
80*8
89*4
45*9
33*7
47*0
49*7
48*8
48*1
07*2
04*9
08*4
08*8
73*2
09*0
91*2
90*4
90*8
90*0
89*7
92*2
44*0
40*0
50*3
49*1
58*3
5ST
74*1
72*0
73*7
71*9
72*7
75*4
75-9
80-8
70*4
74-0
70-4
78-0
32*4
24-6
28*9
19*5
27-1
83-0
54*9
54*7
50-2
44*3
50-8
57*0
80*9
79*3
78*4
70*8
77*2
78-0
19*7
29*0
20*2
3.8*3
30*0
33*4
51*7
52*8
53*1
52*2
52*8
50*9
84*0
87*0
84*2
81*4
83*0
80*0
42*7
29*9
44*6
42*0
42*7
30*8
05*1
04*0
08*9
03*5
05*4
03*0
91*0
90*4
89*4
69*7
88*9
90*8
44*5
41*9
46*2
43*7
50*1
53*0
70*3
09*0
69*7
67*7
70*4
78*2
67-2
78-0
78-7
78-0
72-3
74-4
29-0
20-0
17*0
17*0
19-5
23-0
48-9
40-1
49-3
41*0
45*8
47*5
80*3
72*(
82*0
80*0
80*7
75*0
15*7
22*3
10*0
29*0
25*4
29*3
47*1
47*4
50*2
51*3
48*8
55*1
87*0
83*7
83*7
83*7
80*0
90*4
37*0
29*3
89*7
44-0
44.7
33*5
01*7
03*2
02*0
03*4
84*3
80*7
88*0
87*7
88*0
87*5
92*2
45*0
44*7
40*7
42*3
45*7
50*0
67*8
67*4
09*4
64*8
68*5
72*5
66-5
73*5
76-5
VO-2
67-5
73-7
25*8
21-0
24-2
13-0
14-0
24*7
44*9
40-9
50-5
39-2
42*8
49-7
79*3
70-0
75*8
77*8
775
75*4
12*7
22*8
10*2
28*3
21*8
20*5
45*4
46*9
47*3
50*0
47*4
50*0
83*0
85*5
81*8
83*3
84*3
87*8
33*7
31*8
37*8
85*8
39*7
34*1
00*4
«1*7
58*8
58*5
01*0
00*0
80*5
87*8
88*5
89*7
87*1
89*0
44*8
40*3
41*3
43*0
39*5
53*5
07*9
66*0
64*4
66*3
65*1
74*5
77-4
81-3
78-6
75-8
75-0
77-8
34-0
24-8
19-8
22'7
31-1
22 P
57*8
54-8
55*9
47*51
51*01
48*91
83*3
81*8
85*C
79*1
80*0
83*8
28*4
27*0
24*1
35-0
28*9
32*1
55*1
55*4
58-2
55*3
62*7
59*3[
89*4
85*0
85*0
85*8
85*7
89-0J
43*0
37*1
47*7
48*0
45*8
88-3
08*5
00*5
07*0
00*5
07*5
05*0
93*1
89*3
88*5
90*1
89*3
92*0
40*0 73*1
71*5
50*0 70*9
47*7 70*1
51*3 70*0
48*8 72*9
iO
H
!*
s
C*
ft)
R ain- Day4
fall. rain.
R a in fall. rain
12n
16
io n
9
10
7
3*73
2*43
2*32
3*80
1*44
2*57
12
en
7
10
0
8
2*90
5*61
5*03
5*00
7*88
5*52
4*05
2*59
1*01
4*89
4*04
3*09
10
13
o li
9¿é
9
I4)é
3*80
0*09
3*29
3*40
0*30
1*30
9
13
9
7Jé
10
0
1*08
1*49
2*50
2*27
1*42
2*39
7
5
7
6
4
7
2*00
2*87
4*00
*1*59
7*29
3*24
10
2*99
5*80
3*08
5 01
5*38
4*00
,§ n
13n
8
8n
in ?
12 «
0*51
7*92
3*40
3*03
9*01
2*02
8Já
13n
m
0
10
7
2*52
1*09
2*00
3*25
1*41
1*97
0
en
0
0
3
5
2*11
2*51
5*57
1*47
5*75
2*05
7
8
io n
4
11
9
1*04
8n
8
1*28
1*44
m
n
4*13
5*71 • u n
0*03
4
1*20
4*45
3*C8
2*19
2*29
3*19
7
9
7
7
en
5
0*59
2*80
0*78
2*82
1*05
5*36
2n
8
5n
0
4
7n
2*45
1*71
10*28
1*00
5*93
4*18
6
7
i5 n
3n
12
»n
1892
..................
.................. ..................
3*14
8*00
8Jé
15
8*29
1891 (fu ll)...........
8*59
11
8
3*14
1890 (fu ll)...........
3*99
11
10
1889 (good).........
4*14
2*55
5
12
10*00
1888 (good)..........
10
8*25
0 94
1*89
1887 (good)..........
5
««
303
1*99
2*31
2*88
2*30
1*02
7
&
8
5n
0
5
2*35
2*41
6*39
1*53
8*25
3*13
7
7
11
an
13
io n
189*...................
1891 (fu ll)............
1890 (fu ll)...........
1889 (good)...___
1888 (good)..........
1887 (good)..........
1892
........
1891 (fu ll).......
1890 (fu ll)...........
1889 (good).........
1888 (good)..........
1887 (good)..........
Florida .
........
1892
1891 (fu ll)...........
1890 (fu ll)...........
1889 (good)..........
1888 (good)..........
1887 (good)..........
ALABAM A.
Lo uisiana .
Mississippi .
1892
........
1891 (fu ll)...........
1880 (fu ll)...........
1889 (good).........
1888(good)..........
1887 (good)..........
1892 ...................
1891 (fu ll)..........
1890 (full) .........
1889(good)..........
1888 (good)..........
1887 (good)..........
T ennessee.
1899 ...................
1891 (fu ll)...........
1890 (fu ll)...........
1889 (good)..........
1888 (good)..........
1887 (good)..........
cs
44*6
38*3
44*3
39*6
43*5
50*3
66*3
64*3
69*0
68*7
08*1 •
Texas .
1893 ...................
1891 (fu ll)...........
1890 (fu ll)...........
1889 (good)..........
1888 (good)..........
1887 (good)..........
9
13*®
sn
14
12
7
10
13
sn
3*13
0*32
3*80
1*89
0*14
3*41
0VÍ
9
0
7
lin
11
5*32
4*84
3*43
3*78
0*91
2*23
7n
8
7n
7
11
4
5*54
1*71
0*25
4*18
2*75
1*23
on
5,n
an
6
en
4n
2*87
1*19
3*86
1*39
0*09
5*29
6
4
«n
«n
11
8
3*14
0*30
7*02
2 24
5*40
4*79
4&
11J*
7
5
10
10
5*87
8*05
8*39
5*09
10*c7
3*38
8
9
an
7
11
4n
7*95
3*79
0*92
2*97
2*61
1*98
11
7
8
sn
4
5
2*88
2*81
5*14
1*78
3*46
4*12
5
5
9
on
sn
8
308
391
7*35
1*92
2*22
0 47
11
12
7
10
14
4*43
0*20
0*41
4*83
5*81
3*44
8
12
11
11
12
0
7*50
8*80
8*10
334
3'99
1*90
9
7n
13
9
8
6
8*15
2*69
5*77
3*15
4*58
5*19
15
10
11
6
9
13
2*89
0 80
9*03
2*29
2 98
9*11
7n
15
12
?n
11
14
4*34
9*88
8*41
3*57
0*14
4*13
10
un
13
9
ia n
9
8*00
2*80
4*21
2*90
3*02
2*32
ia n
in
12
8
7
on
5*84
1*55
4*42
3*24
3*04
3*04
1 in
4
13
8
12
nn
2*01
2*22
2*88
3*40
4*58
1*85
7
5
5
8
9«
7
2*90
2*20
2*03
2*00
3*01
1*14
sn
2*10
5*91
5*38
2*57
4-83
1*83
en
7n
11
en
9
5
3*34
1*78
5*18
2*99
5*22
0*01
6
en
8
5n
u
9
ARKA N S A S .
i
O
The words “ fa ll ” and “ good,” above mei n that the aggregate
crop for the year was full or good.
R a in - Days
fall. rain.
May.
3*23
8*29
3*81
3*54
5*35
3*10
Georgia .
May.
High.
N . o a r ’l in a
1892.........
1891 (full)..
1890 (full)..
1889 (good)
1888 (good)
,, 1887 (good)
B. CAR’LIN-A
1892..........
189 L (full)..
1890 (full)..
1869 (good)
1888 (good)
1887 (good)
Ge o r g ia .
1892..........
1891 (full)..
1890 (full)..
1889 (good)
1888 (good)
1887 (good)
F l o r id a .
1892..........
1891 (fui-).1890 (full)..
1869 (good)
186s (good)
1887 (good)
Alabam a.
1892..........
1891 (full)..
1890 (full)..
1§§9 (good)
lf§ § (good)
1887 (good)
L o u is ia n a .
1892..........
1891 (full)..
1890 (full)..
1889 (good
1888 (good)
1887 (good)
M is s is s ip p i
1892..........
1891 (full)..
1890 (full)..
1889 (good)
1888 (good)
1887 (good)
Arkansas.
1892..........
1891 (full)..
1890 (full)..
1889 (good)
1888 (good)
1887 (good)
T en n e s se e
1892.........
Is91 (full)..
1890 (full)..
1889 (good)
1888 (good)
1887 (good)
Te x a s.
1892..........
1891 (full)..
1890 (full)..
®1|89 (good)
*1888 good)
1887 (good)
*5
April.
i
0
t-5
s
April.
MX
13n
io ti
7
It
11
........
1892
1891 (fu ll)...........
1890 (fu ll)...........
1889 (good )........
1888 (good)..........
1887 (good)..........
45 8
4 9x6
— The latest issue of the Boston C o m m e r c ia l B u ll e t in — that
of June 11— contains thirty-six pages, and gives a large
amount of valuable and interesting matter relating to the
commercial, industrial and financial development of Boston,
prepared by experienced writers expressly for its columns.
The reading matter has been illustrated by finely executed
engravings, and the typography is excellent. Alt<^ether the
paper w ill amply repay perusal.
A verage of Temperature and Rainfall.—A s of interest
in connection with our monthly weather record,' w e have
prepared the subjoined tables, which show the State averages
of rainfall and thermometer in February, March, A pril and
M ay for six years, 1887 to 1892, inclusive.
The thermometer
averages are given firs t:
Thermometer
Averages.
March.
3*28
4*02
3*51
3 94
3*98
3*09
South Ca r o l in a .
4 1 3 ie
4 !3 jg
4%
4%
and the L evees.— Since we last wrote there
have been further disasters along the Mississippi River.
There were several unimportant crevasses on Friday and
Saturday, but on Sunday at 10 P. M. a serious break occurred
at Belmont plantation in St. James Parish, resulting from a
cray-fish hole. On Monday, June 13, three crevasses were
reported— at 5 A . M. on the Merrit plantation, eleven miles
below N ew Orleans; at 6 A . M. at Avondale plantation, and at
11 A . M. the Sarpy Levee, thirty miles from the city, gave way.
Considerable land has been overflowed by these breaks.
Further progress has been made in closing breaks, but the
ivers continue very high.
March.
R a in - Days
fall. ra in .
I N’rth Car o l in a .
High W ater
February.
[Voi* LIV.
5
en
io n
4>S
igp* The words “ full” and “ good” follow ing the years given above
mean simply that the aggregate crop fo r the year named was full or
good.
Jute Butts, B agging, & c .—Dealers having supplied cur
rent wants quite fully there has been only a very moderate
inquiry for bagging during the week under review. Quota
tions have been steadily maintained, however, and the close
to-night is at 6%c. for 1 % lbs., 7c. for 2 lbs. and 7%c. for
standard grades. There is very little doing in jute butts;
ruling prices are 2c. for paper grades and 2 % c . for bagging
quality.
Rice vs. Cotton.— Messrs Dan Talmage’s Sons, in bulletin
No. 2, rice crop, 1892, issued 15th inst., state :
Advices respecting the rice crop are surprising beyond d egree.
Promises of last month have been fully redeemed and greatly exceeded
The acreage already in assures the largest crop ever grown m tho
United States, and, under ordinary favorable conditions, the outeome
w ill be sufficient to meet home requirements and furnish some fra c
tional amount for export. The oulture has been widely taken up b y
cotton planters who are free and independent In monetary resources,
and wherever bankers and merchants, who furnish the latter, are o f
any progressive disposition. E ve ry department, financial, oommeroia 1
and agricultural, seems to have wakened up to the fact (1) that the
making of investments, based on the outcome of a single crop, partakes
too muoh o f reokless ga m in g-th e risking of one’s all on the cast o f the
die; (2) that safety and prosperity can only be assured bv a diversity
of crops; (3) that rioe is among the best o f crops, safer than either
cotton, sugar oi tobacco, and taking the range of past five years w ill
realize in dollars and cents double that o f any other grain. So far as
we can learn little has been done in Arkansas or in the upper h alf of
Alabama and Mississippi. The temperature, needed supply o f moisture
and duration of season warrant a crop on any mean level in States just
mentioned, as high as the Tennessee line, and on the same parallel
nearly over to the Indian Territory—hence we still look for reports in
addition to those already in hand. The m issirg localities are at most
likely to engage in experimental oulture this year, and the outcome
unimportant as bearing on the general crop. The crops in the Carolina«
and Georgia are doing finely, having fu lly recovered from the delay
incident to cold weather and drought o i A p ril and May. In Louisiana
tbere has been a phenomenal extension of crop, and its yield w ill be
double that of all other States combined. Florida, Alabama and Mis
sissippi report satisfactory progrees. The former leads, and by arte
sian wells has insured a full supply of moisture, and will make a crop
spite the season, Labor is reported as ample at nearly all points.
Seeding is practically over along the Atlantio Coast, but w ill continue
in the extreme South until mid-July. Total acreage planted or pre
pared, 272,250 acres. Estimated yield, 9,750,000 bushels—treble
amount grown prior to, and double that of any year since, the war.
THE
J u nk 18, 1892.]
W e a t h e r R e c o r d f o r M a t . — B elow w e give the rain"
fall a n J thermometer record for the month of M ay and
previous months of this year and the two preceding
years. The dgures are from the records of the Signal Service
Bureau, except at points where they have no station, and at
those points they are from records kept by our ew n agents.
thermometer
V IR G IN IA .
Norfolk.—
H ighest...
. Low est....
Average...
N. C A R ’ L A .
WilmingtonHighest. .
Low est....
A verage...
Weldon.—
H ighest...
Low est....
A verage...
Ciarlo Ite—
H igh est...
Low est....
Average...
Raleigh*—
Highest....
Low est....
Average...
Horaanton—
H ig h es t...
Low est....
A verage...
8. C AR O L’ A
Charleston.—
H ighest...
Low est___
Average...
ttatebwrg.—
Highest....
Low est....
Average..
Columbia—
Highest.,..
Low est....
Average ..
Evergreen—
Highest....
Lowest
Average...
GEORGIA.
Augusta.—
H ighest...
Low est....
Average..
Atlanta.—
H ighest...
Low est....
A vera ge...
Savannah.—
H ighest..
Low est....
Average...
¡Oilumbus.—
H ig h es t...
L ow es t....
Average..
Rome.—
H g h es t...
Low est....
Average...
Forsyth.—
H ighest...
L ow est....
A verage...
F LO R ID A .
Jacksonville.
H ighest...
L ow est....
Average...
lam pa.—
H ig h est...
Low est....
Average...
Titusville—
Highest....
L ow es t...
Average..
lallahassee—
Highest .
L o w es t. .
Average...
ALABAM A
Montgsm'y.—
H ighest...
Low est....
Average...
Mobile.—
Highest...
Low est....
A verage...
Selma—
Highest..
Low est....
Average...
Auburn—
H ighest...
- Low est....
Average...
Jasper—
H ighest...
Low est....
Average...
Wiggins—
Highest....
Low est....
A verage...
LO U IS’N A
Bf. Orleans.H ig h es t...
Low est....
A verage...
Sh eoevorU—
H ig h es t...
Low est....
Average...
Sr’d CoteauHighest....
Lowest —
Average...
Liberty H i t t Highest....
Low est....
Average..
February.
1892. 1891. 1890
May.
March.
April1892. 1891. 1890. 1892. 1891. 1890. 1892. 1891. 1890.
65*0 78*0 79*0
19-0 24*0 30-0
41-0 49*0 0 1 0
72*0 74*0 81*0
241 23*0 22-0
44*0 43*0 431
33*0 8 f4 84*0 9 5*0 89*0 80*0
310 33-4 38*0 43*0 44*0 47*0
500 53*1 53*0 . 07*0 01*0 67*4
«9-0 80-0 80-0
22-0 30-0 320
48-0 53*0 58 0
74*. 721 77*C
27*0 30-0 22*0
50*1 52.2 63-0
80*0 82*0 80*0
35-0 36*0 33*0
8 ) 1 02*0 0 1 1
80*0 85-0 90*0
49* 41*0 50*0
70*0 03-0 70*8
63-0 701* 78*0
19-0 21*6 23*0
43*3 491 512
73-0 74*0 78*i • 81*0 851 85-0
23-0 230 20*5 28-0 29*0 23*0
45*3 44*5 47*1 55*8 58*7 58*:
92*0 89*0 87*0
411 311 41*5
03*4 81*4 07*4
« 8-0 73*0 790
20-0 23*0 28*o
40-0 49*0 52*8
71*0 70*0 76*0
21*0 23*0 19*0
47*0 45*8 50*0
78*0 85*0 83*0
311* 23*0 33*0
57*0 01*2 00*6
89*0 90*0 90*5
43*0 33*0 421
03*0 05*4 09*8
08-0 79*0 82*0
17-0 230 30-0
43-8 52*2 54*1
740
23*0
40*0
821 82*0
29*0 .3 0 1
52*0 o7*2
86*0
30*0
02*3
91*0
45*0
37*0
901
48*0
72*7
65*0 00*0 72*0
84-0 15*0 23*0
454 42*9 489
00*0 61*0 70*0
20*0 22*0 16*0
39-j 40*2 45*6
03-0 78*0
22-0 23*0 321
411 55*7 575
75*0 80-0 82*0
40*0 321 40*0
57*6 595 042
73-0 80*0 79-0
82-0 290 890
53-0 58*0 01*0
70-0 74v 82*0
29*0 34*0 25*
55*0 55’0 500
80-0 80*0 88-0
421 38 0 47*0
041 05*0 65-0
89*0 92*0 801
53*0 51*0 St-0
721 70*o 731
08-0 80*2 80*5
27-0 28*0 34*3
48-8 54*4 50*6
75*0 73*0 81*5
24*7 28*7 2 2 1
50*8 50*4 538
83*9 82*9
30*5 32*5 40 9
00*0 03*0 02*7
88*5 89-8 801
50*3 43*8 401
70*2 08*1 70*2
090 79*2 820
23-0 23*0 34*0
49-7 54*2 58'0
77*9 098 830
24*0 20*5 21-0
51*3 408 54-0
83*5 88*2 800
31-0 23*5 40*0
02-0 01*1 04*0
915 991 911
48*4 41-2 45*0
71*4 7 02 72*0
09-0
22*0
47*5
951
40 0
60 6
72*0
20*0
50*0
10L7
C H R 0N 1LCE .
83*0
30*0
00*2
rhermometer
February.
.elani—
Highest.... 77*0 78*0
Lowest...; 351 2 0 1
Average... 53*2 52*8
llarksdale—
Highest... 70-0 81*0
821 23 0
Average... 54-8 51-7
Brookhaven—
H ighest... 77*0 841
L ow est.... 30-0 20*0
Average... 54-8 58-8
Kosciusko Highest... 75-0 79*0
L ow est.... 32*0 22*0
A v e ra g e .. 53*4 54*9
Waynesboro
Highest... 70-0 80*0
Low es-.... 3-21 25*0
Average... 52*0 54*4
i a t A i f s ’3
Average...
3elena—
Average...
Average...
E l Doraio —
Highest...
L ow est....
Average...
Black Rock—
Highest...
Low est....
Average...
Texarkana H igh est...
Low est....
. Average...
raNTNEs a.
821
31*0
67*0
79*0 831 84*0
2 0 1 31*0 20*0
50-9 53*2 54*4
88*0 88*0 83*0
45*0 33*0 47*0
63 4 64*9 84*9
901 80*0 90*0
481 45*0 52*0
70 1 63*7 71*2
73*0
201
52 4
83*0 84*0 77*0
17*0 25*0 17*0
48-2 48*4 50-3
87*0 89*0 93*0
43*0 31*0 40-51
65*4 041 05*3
87-0 991
33-0 48*0
67*8 71*8
830 82*0
18 0 300
531 572
88*0 85*0
370 27*0
00*8 « 1*2
931 921
42-0 38*0
73*1 87-8
80*0 77*0
2 0 1 29*0
510 52*2
87*0 90*0
39*0 231
03*0 83*4 .....
90*0 931
43*0 40*0
89-0 70-0
""I
78*0 78*0
2 1 1 81*0
45*0 53*2 ....
811 701 84*0
171 23*0 10*0
48-0 47*0 5)*0
80*0 831 81*0
42*0 30*0 38-0
01*8 03*7 02*3
85*0 89-0 87*0
45-0 47-0 40*0
074 87*8 09*3
091 70*0 80*0
30-0 24*0 24*0
51*0 48 5 51*8
78-0 70*0 80*0
17-0 20*0 171
39-0 50*0 50 0
31*0 82*0 82*0
42-0 30-0 42*0
02*2 03*3 82*7
80*0 88-0 87*0
431, 45*0 48*0
693 68*0 701
09-0 801 78*0
20*0 141 7*0
45*7 431 45*0
80*0 70-0 821
2 0 1 181 15 0
48*0 45*1 500
911 80*0 88*0
38*0 281 391
01*4 02*7 81*0
89-0 89*0 80*0
42*0 421 40-0
60*7 68*0 09*0
00*0
291
49-0
77*0
11*0
48*0
81*0
33*0
59*4
02*0
3h*0
43*0
841
10*0
47*1
88*0
30*0
61*2
82-0
19*0
521
89*0
39*0
01*4
.f.•
1 ___
___I
80-0 07-0 791
14*0 20*0 1 0 1
44-0 40*0 400
80*0 80*0 82*0
31*0 311 37-0
59*0 611 60-0
87 0 87*0 89*0
1 1 1 391 37*0
67*0 85*0 50*0
Average...
711 741 -791
30-0 251 281
501 47 7 51*4
81-3 78*0 81*0
17*7 20*0 17*0
48'5 43*0 49*0
88*5 88*0 83-0
33*7 33*0 391
61*9 0 1 1 81*8
83*0 911 89*0
480 451 48-0
68-8 63-2 69*4
73*0 75*0 73-0 05*0 70-0
21*0 24-0 171 22*0 16*0
47*3 50*0 - 45‘5 40*0 43*7
80*0 82-0 80-0
32*0 3 L I 39*0
591 00*0 50-0
85-0 87-0 831
41 0 40-0 42*0
60-9 651 60*0
78-0 72-0 73*0
2 0 23*0 16*0
43*5 47*7 ' 47*0
82 0 88*0 82*0
28*0 32*0 36-0
59*0 01*8 610
88*0 300 88*0
43*0 37*0 381
09-1 65*3 88*3
871
39*0.
031
....
92*0 93-0 92*0
471 421 45*0
71*0 69*0 72*9
05*0 78*0 70*t
80*0 20 0 281
47-8 51 0 54-8
77*0 7S*0 78-0
17*0 23-0 17-0
43*0 47 0 191
821 80-0 83*0
32-0 23*0 42*0
590 631 02 0
831 89-0 89 0
45*0 421 40*0
68*8 074 09*0
73*0 84*0 80-0
32-0 28*0 38-0
51*0 01*0 01*4
83-0 78-0 81-4
37*0 351j 255
50 0 500 50-6
851* 83-0 88*0
42-0 31*0 46-0
681 05*2 08*5
91*0 911 891
61*0 510 511
73*0 70 0 73-0
72*0 751
24*0 351
500 50-
78*0 73-U 75-0
25*0 85*' ¿5*0
54*0 52- 57*0
80- 82-0 82 0
45-0 37-0 40*0
00-0 04*0 H5’0
89-0 83*0 83*0
53*1* 55-0 55*0
741 71*0 731
04*0 72*0 78*0
27*0 23*0 28*0
47*0 50*0 53*o
75*0 090 75-0
‘ 2*0 28-0 18*0
¿
49*0 47*0 49-0
801 81*0 82*0
30-0 30-0 39*0
00-0 0 2 1 03*0
80*0 87-0 88*0
43*0 43-0 40*0
70*0 09-0 09*0
70*0 82*0 81*i
32*0 24*0 37-«
51-9 50*9 59*0
84*0 80*0 84‘ *
23*0 29-0 22-1
55*7 53*8 54*C
87-0 87-0 81*0
42-0 35-0 43*0
60-0 60*¿ sa*;
93*0 92-0 88*0
52*0 521 50*0
73*4 721 71*9
780 86-0 83 0
30*0 31*0 44-0
580 05*0 04*8
84*0 821 851
29-0 33*0 27-0
00*0 01-0 00*2
88^1 80*i* 88-0
430 34-0 47i
69-4 07-4 09*8
92*0 921 891
52*0 54*0 531
75*0 72*8 744
79*0 80-0 75*0
38-0 330 49*0
03*0 09*U 05*5
81*0 82-0 881
33-0 40-0 38 0
0 2 1 00-0 05*0
88-0 *=7*0 90*0
40-0 33-0 5*2*0
7 ft* 03-6 72*0
91*0 88-0 90*0
58*0 56*0 58*0
75*4 73*3 76*5
83*0 85‘0 871
42*0 37*0 48*0
02*3 06-0 00*0
87*0 84-0 88*0
30*0 40-0 32*0
02 4 050 02*8
801 87-0 890
431 34*0 541
70-8 07-3 70 0
901 90-0 911
50-0 58-0 56*0
74-8 73*0 74*8
80*0 81*0 81*0
34*0 280 39 0
58*3 04*1 01*8
820 81*0 82-0
20-0 34-0 23*0
58*2 00-4 57*1
831 831 84*0
42*0 411 48*0
061 60-2 09*2
88*0 89-0 88*0
491 5 L I 54*0
72*8 73*5 731
751 8 r 0 81-0
33*0 27*0 30*0
54*0 58*5 59*8
81*0 73-0 84-0
24*0 32-0 21-0
54*0 550 50-0
87*0 80-0 86*0
42*0 311 440
68*9 0 0 1 00*7
93*0 93-0 89*0
4 71 40 0 45*0
730 71*4 72-3
74*0 70-0 70-0
37*0 30*0 30 0
57*0 5y*o 01*4
77*0 780 78-0
27*0 38-0 251*
500 58*8 57-0
820 84*0 840
441, 320 4SI
00*0 05*7 08*0
85*0 90-0 87*0
50*0 5 )1 541
72*0 72*2 731
74*0 80*0 80*0
38*0 25*0 21*0
50*0 50 0 590
80-0 74*0 751*
24*0 30-0 20-0
51*0 530 53-0
851 83*0 80*0
42*0 80*0 8 * 1
06*8 03*0 650
87*0 931 85*0
50*9 49-0 45*0
711 71*0 701
700 770 79-0
22*0 25*0 29-0
47*0 50*0 58*2
70*0 730 81*0
H I 28*0 180
48*3 52-0 530
820 830 83*0
39 0 30*0 42*i.
04*0 03*5 04 7
88*0 89-0 80*5
45*0 451 50*0
65*9 69-0 721
08*0 78*5
22*0 18*0
47*7 50-9
77*5 75*0
15*0 22*'1
47*9 49*8
82-5 85*0
30*0 29*0
02*1 59*5
86*0 83-0
40-0 331
00-3 595
74*0
25*0
50*0
80 0 85*0
25*0 32*0
58 0 57-0
911 92*0
38*0 2.3*0
09*4 72*0
98-0 90*0 ••••
451 441
74*5 73*3
80*0 800 83-0
430 34 0 40*0
00-0 02 0 04*0
78-0 80-01_801
310 39-0 30*0
59-0 00-0 01-0
81*0 84*0 84*0
51*0 411 50*0
89*0 630 701
831 89-0 871
55*0 53*0 59*0
741 73*3 74*4
73*0 81*0 80-0
33*0 250 22 0
5V0 53-0 57*5
83-0 780 87-0
22-0 30 0 22 0
52*0 53*8 509
88*0 85*0 80*0
45*0 30-0 471
05*3 00*0 60*5
92-0 83*0 92 0
40-0 43-0 53*0
71*6 70-3 73*2
77*0 78*2i_80'0
4!*W 31*5 30-5
59*3 01.8 094
81-0 79-0 80-7
29*5 34*0 25-8
50) 00*9 00-9
81*5 81*0 82*2
49*6 34*0 48*0
70 0 03*3 70*0
83-9 87-0 87*2
4T*b 45-0 551
73-8 73*7 74*3
8*05 1*54 1*25 2*89 5*15
12
là
18
1 3 11 15
2*95 483 3*03 2-62 8 30
20
18
1 1 ! 13
Days rain.. 1 1
ihsirlotte—
3-31 6*93 383 405 11*13
17
11
11
15
Days rain.. 10
Ra'eigh* —
3-5) 3*14 2*49 3-29
11
7
13
Days rain.. 12
inrganton.—
2*81 0*03 7*17 3*50 8*59
14
11
11
12
0
Davs rain.
i. C A R O L ’ A
74*0 82*0 82-'
31*0 22 0 ¿0*0
50*0 55*0 58*0
8/11 81-0 87*0
19 0 2 0 0 19-1
530 51*5 50-5
93*0 90*0 89*0
40*0 28*0 37*0
060 05*0 07*0
95-0 931, 9 V0
42-0 42-0 45*0
77*o 70*0 731
Days rain..
itateburg—
83*0
20*0
55-4
80*0 90*0
44*0 35*0
05*0 55-0
92*0 95-0
521 42*0
74*0 72*4
83*0 70*0 70-0
18*0 24*0 14*0
01*0 50*0 49-0
37*0 80*0 801
88-0 280 40*0
070 63*0 69*0
91*0 90*0 841
451 421 36*0
71*0 731 66*0
701 80*0 81*0 81*0
31-8 2 1 0 33*0 21-0
01*0 530 55*4 5J.*8
1890 are fo r Wilson.
87*0 851 83*0
430 33*0 51*0
00*3 60*0 67*2
89*0 83*0
48*0 59*0
71*2 71*7
f ....
....
1
07*0 75*0 77*0
251 20*0 23*0
40*0 40*0 49*0
85*0 900 890
351 31*0 39*0
03-0 05-0 050
701
241
51*0
I
Average..
79*0 79-0 840
25*0 30-0 2 1 0
53*0 520 55*5
Highest.... 75*0 85*0
L o w e s t... 35*0 30*0
Average... 55*0 01*9
MISSISS’PI.
Oolumbus.—
H ighest... 80-0 80-0
Lowest ... 300 24*0
A v e r a g e .. 57*0 54*0
Vicksburg—
H ighest... 700 830
Lowest ... 80*0 29*o
Average... 50*4 60 0
* Figures fo r 18a1 and
93*0
42 0
69-0
75*0 801
511 29*0
04*0 03*3
701 78*0 78-0
30'0 23 0 20 0
50*7 481 510
70*0 82-0 84*0
28-0 28*0 36-0
51*0 50*0 58*0
C h en m ille —
May.
April.
March.
1892. 1891. 1890. 1892. 1891. 1890 1892. 1891. 1890. 1892. 1891. I89hg
641
25-0
Average... 397
lustin.—
04-0
231
\ verage... 44*4
McKenzie—
Highest ..
L ow es t....
A v e r a g e ..
1*dLXA3.
Galveston.—
70*0
l4S*0
Average... ■00-5
Palestine.—
80-0
340
Average... 53*0
tastin—
75*0
400
\vera?e... 575
73*0 75*0
18*0 341
40*5 51-5
75*0 75-0
34*0 34 0
59-4 03*7
731 741 70*0
321 37*0 301
58-b 59*5 02*1
791 81*0 811
51*0 491 56-0
09*2 08-2 099
84*0 88-0 85*0
54-0 00-0 63*0
75-0 73*3 751
82*0 81*0
21*0 19-0
54*0 53*0
84*0 80*0 871
22*0 28*0 20*0
64-0 52*6 59*0
88 0 87*0 85*0
44*0 36*0 46*0
88*0 07*4 08*0
911 87*0 880
43-0 48*0 501
72 0 69*8 72*3
84*0 80-5
29*0 23*0
571 00*5
82-0 811 89*0
22*0 29*0 513*5
551 53*2 82*3
90*0 85*0 89*0
41*0 451 411
09-3 63*2 05-0
921
451
740
89-0 83*0
18*0 17*0
61*0 49*0
921 88*0
39*0 341
80*d 62*9
100*0 90*0
48*0 50*0
73*7 08*8
93*0 88*0
43*0 39*0
73*8 67*4
98*0 88*0
501 47*0
78*2 71*5
731 84*0
29-0 16*0
A verage... 50-7 48*0
Average...
87*0 85*0
23*0 afc-o
53*9 57*3
82-0
43-0
62-2
H ighest... 74*0
33*0
A v *rage... 58*1
Longview —
701
821
Average.
53-3
Arlington—
81*0
13*0
Average... 59*0
1 s d ia m t .
Oklahama—
7>*0
2 ¿*0
A v e age. . 442)
89*0
25*0
55*4
82*0 81*0
29*0 28*0
57*2 58*1
88*0 811
43*0 34*0
70*2 06*2
92*0
44*0
74*5
83*0
21*0
55*1
85*0 80*0
29*0 27*0
54*0 54*8
911 87*0
41*0 32*0
03*3 60*0
95*5 931
431 44'0
741 71*8
89*0
18 0
51*0
85*0 881
21*0 231
51*0 52*0
93*0 891
42*0 28 0
02*3 05*0
98*0 98-0
1 42*0 50*0
83*0
82*0 811
9*0 141
44*0 43*3
931 85*0
311 22*0
59-2 80 8
! 911 88*0
1 41*0 40*0
1 63*3 61*4
A p ril.
May.
80*0
10*0
392
....
February
It itnfall.
V IR G IN IA .
forfttlk.—
Days rain..
March.
1892. 1891. 1390. 1892. 1891. L39Í). 1892. 1891. 1390 1892..1891. 1390.
3*01 813 418
11
18
14
0*88 1*88 3*70
8
15
12
3*73 353 4*03
li
15
8
1*50
11
1*13 1*15 2-73
7
10
5
1*84 1-03 5*20
9
8
8
517
13
4*33 3-31 215
10
7
7
3*37 9-31 7*05
14
13
8
5*03
11
3*50 2*79 2-31
11
5
10
3*33 7-58 7*07
13
13
9
358
0
5*57
11
310
7
4*05 2-12 2-00
5
9
U
4*22 4*50 4*33
9 1*4
9J
1*54 0*99 l ' 2Si 2*84 5*47 1*72
11
12
5
7
12
10
0*51 207 253
5
7
7
3*03 3*85 3*07
12
10
3*83i 7*82 3*53
15
9
1*30, 1*21 2-73
7
5
7
2-9) 1*85 0*13
10
8
11
3*78 019
13
8
4-70
13
14) 1*2 > 219 ' 2*59 2*92 4*13
10
4
17
0
7 ! *
913
1*83
4
11
4*55 8*44 3*05
10
10
10
1*34 0*71 3*33
0
4
8
5*30 5*10 1*93
11
10
12
3. O AR’ iiA .
Vilmingt'n—
Days rain..
Veldon.—
Days rain..
....
91*0
51*0
711
4*21 317 1-85
14
6
9
4*41 3*70 1-53
0
13
. Days rain.. 10
Evergreen—
Rainfall,in 0*04
Days rain.. 10
9
2-80
11
2-37
6
3*10
10
3*93
9
GEORGIA.
Days rain..
2*98 3*71 1*83
7
13
8
* Figures for 1891 and 1890 are for Wilson.
2*95 4*57 5*28
11
7
i
10,8
Rainfall.
THE
February.
May.
A pril.
March.
C H R O N IC L E .
1892 I8ai isyo 1898. 1891.1890. 1892. L891. L890. 1892. L891. 890.
GEORGIA.
Atlanta.—
Rainfall,lit
Days rain..
Savannah.—
Rainfall,In
Days rain..
Columbus.—
Rainfall,in
Days rain..
Borne.—
Rainfall,In 8-80
3
Days rain..
Forsyth.—
Rainfall,li 4-93
Days rain.. 11
F LO R ID A .
J.icksonvilleRainfall.ln
Days rain..
la m p a.—
Rainfall,in
Days rain..
litusville—
Rainfall,in
Days rain..
lallahassee—
Rainfall,i>
Days rain..
ALABAM A
Mmtgom’y .Rainfall.tii
/Days rain.
Mobile.—
Rainfall,in
Days rain..
Selma—
Rainfall,it
Days rain.
Auburn—
Rainfall,in
Days rain.,
Jasper—
Rainfall,in
D ais rain
Wioovis—
Rainfall,in
Days rain..
LO U IS’A N A
¡New Orleans
Rainfall.in
Days rain.
Shreveport.—
Rainfall.in
Days rain.
Qrd. CoteaiirRalnfall,ln
Days rain.,
h'AenyHill—
Rainfall.in
Days rain.
Chenevvlle—
Rainfall,in
Days ra n.
MISSIS’P I.
Columbus.—
Rainfall,in
Days rain.
Vicksburg.—
Rainfall.in
Days rain.
Leland—
Rainfall, it
Days rain.
Clarksdale—
Rainfall,lr;
Days rain.
Brcokaven—
Rainfall.in
Days rain..
Kosciusko—
Rainfall.in
Days rain..
W aynesbnroRainfall.in
Days rain..
8*60
19
8*23
13
4*83
10
4*75 1*58 2*04
13
8
15
1*37 217 0*33
13
10
9
1*02
4*12 5*08 2*75
10 j 13
7
0*10 2*91 1*03
3
0
0
2*17 1*87 3*13
li
11
0
2*86
9*03 5*90 4*02
5
0
7 1
4*40 5*45 6*16
8
9
8 i
10*08 2*49 2*00
8
13
8
0*51 0*78 2*34
4
3
8
2*52 231 8*00
0
10
5
7*80 2*75 2*45
3
0
8
0*90 1*821 3*30
0
10
0
0*55 1*45 1*80
5
3
6
2*70 2*29 7*31
18
0
8
7
6
7*80
11
811
15
0*38
0*70 4*03 2*89
13 J 10
9
0*11
2
1*72 0*95
8
0
1*34 2*78 9*20
10
5
10
1-18 0*98
4
9
1 *68. 8*24 0*94
6
0
«Í
1*30, 4*43 3*84
8 I 8
7
0*31 2*7? 0*55
4
3
10
3*03 O*0Í( 4*49
4
15
10
0
U V
The Exports of Cotton from New York this week show an
lcrease compared with last week, the total reaching 18,187
ales, against 17,815 bales last week. Below we give our
EXPORTS O P COTTON (B A LES ) PROM N E W T O R E SINCE SEPT. 1, 1 8 9 1 .
Week Ending—
Exported to—
May
June
27.
3.
June
June
10.
L iv e rp o o l................. 1 3 ,1 1 1 1 2 ,5 8 1
17.
Same
p eriod
previous
year.
Total
since
Sept. 1.
9 ,0 9 8 1 2 ,6 0 7
100
2 ,1 82
4 0 0 ,5 0 6
9 0 ,6 7 2
4 3 8 ,7 5 9
T o t . t o G t . B r i t ’ n . 1 8 ,9 3 2 1 4 ,4 9 6 1 1 ,2 8 0 1 2 ,7 0 7
4 9 1 ,1 7 8
4 9 0 ,4 0 8
4 78
35,4 9 5
650
4 0 ,9 0 0
402
5,821| 1 ,9 1 5
H avre.......................
Other French ports..
700
55
970
970
51,649
700
55
478
36,1 4 5
4 1 ,3 0 2
1 ,7 55
550
1,000
830
675
2 ,0 8 6
2 ,4 2 6
250
3 ,3 7 6
43,771
50,2 3 5
65,659
3 3 ,4 1 9
4 3 ,8 5 0
6 8 ,5 2 9
T o t . t o N o .E u r o p e
3 ,3 0 5
3,5 91
4 ,0 5 2
1 5 9 ,6 6 5
1 4 5 ,8 0 4
400
1,416
5
950
3 7 ,6 1 9
1,4 29
3 7 ,8 0 8
2 ,3 1 8
400
1,421
3 9 ,048
4 0 ,1 2 0
11*89 9*73
3-04 8*43
15 j
8
9 16
8-09 4*54 2*95 8*52 090
5
10 ,
5 19
9
10*80 7*00
5-00 lO-O’
10
3 14
7
378 11*20 3*86 7*49 0-90
5
18
8-55 8*78
7 14
8-41
4
11
0
9
i 4*90 11*06
10
12
3*93
15
1*14 1*96 1*37
10
9
7
2*55 3*40 1019
10
10
8
2-18
15
3*10 1*05 1*98
9
15
7
1*49 0*07 5*50
7
12
7
3*79
0
2*10 1*45 4*89
8
4
3
2’71 2*15 3*70
0
7
0
2*00 3*01 2*03 1*52
5
8 j
5
4
2*50 4*07 0*18
10
4
0
...J
7*92 7*90
0
8
8*04 1’91
8
0
3*29 1*57
6
10
0*74 2*92
3
4
1*50 2*67
8
5
0-04 7*42 2*21 2*82 2*07 1*45 10*44 0*30
5 1 8
7
8
8
8
15
2
3-03 2*73 4*68 2*67 8*11 3 00 9*07 2*9?
18
10
12
8
13
9 10
11
4*72 8*00 3*04 3*44 0*86
2*04 8*42
4
0
6
7
4
0
9
5*33 4*44 4*80 JS-57 5*03 7*90 4*09
5
0
0
0
13
7
7.
3*08 5*92
S
7
6*97
7
3*52 4*22
5 18
3*90 8*19
4 10
1*08 4*80
3 11
3*46
11
2*02 0*70 5*82
14
3
9
3*22
11
2*35 0*88 1*95
9
7
9
10*04
8
3*83 1*20 3*57
3
8
3
7*70
8
2*15 1*03 4*59
5
7
5
5*H4 1*73
10
5
2*41 1*47
2
3
0*90 11*20 0*29
9
9
9
9*14 8*58 5*19
0
9
0
8*87 1*79 4*56
0
10
7
0*97 10*51 5*01
10
7
11
0*70 3*09 0*32
11
14
9
1*00 7*68
10
7
3*92 4*73 0*65 11*47 3*92 10*00
9
10
8
11
8
8
3*87 4*04 4*80
7
S
0
11*09
9
840 4*09
7
0
1*20 5*72 15*89
16
11
7
5*11 3*25 0*41
9
13
5
7*08
8*06 3*04
7
8
0*70 5*44
10
0
2*07 0*50
5
4
2*00 12*10
6*80 18*50
0
7
12*00 5*20
10
5
1*10 2*35
8
3
3*84 1*95
2
0*50
2
14
3
6
8*10
0
0*80
8
3*44 3*99
11
12
5*00 0*99
9 13
8*51 0*75
11
7
2*07
9
5*00
7
Liverpool.
2*71 4*32 5*99
11
14
9
4*91 3*00 8*17 10-59 2*03 6*30
14
13
14
.5
.20
11
4*05
4
8*05
9
2*27
5
7*23
5
New York . 1 2 ,6 0 7
N. Orleans. 7 ,8 0 4
Savannah.
3 ,5 06
B oston . .. .
Baltim ore. 2 ,8 2 6
644
Philadelp’a
T o t a l. . . . 2 7 ,3 8 7
4-03 2*39 4*10
14
6
12
4*05 7*37 7*93
14
9
13
8*20 2*72 5*10
14
14
7
7*40 1*75 4*42
15
4
15
5*15 10*39 7*81 11*13 4*25 3*52
13
10
10
10
10
10
0*05 0*53 3*18
12
3
9
4*00 11*48 9*26
10
14
8
7*30 2*25 4*30
11
11
10
5*23 1*54 6*90
11
4
10
1*52 4*35
1*45 2*55 4*98
11
12
7
1*14 1*73 5*14
10
7
5
0-38 0-25 5*30
4
4
8
5*05 1*92
9
5
1*76 0*20
0
3
1*04 0*70
1
5
0*71
4*70 2*03 4*24
12
8
10
4*80 8*05 0*06
12
10
13
4*18 1*07 0*86
0
10
9
1*92 2*05 0*58
4
4
4
0*10 7*20 5*40
8
I
7
2-05
4
2*59 1*79
0
10
1*08 1*9.i
5
0
0*12
0
1*85
7
11
1*75 1*18
9
6
0*1 < ffi'8
10
0*8f
0
2*3€
8
....
2*00 8*50
2*41* 2*07
10
4
2*91 13*74il ...
7
7
2*9"?
5 i
3 97
7 i
5-23
0
...
**•
2-8S
4
1*7'
10
....
4
7
3*12 2*52
3
7
0*81 0*92
5
2*22
10
0*44
4
.
Total bales.
4-23 3*02 5*80
8
7
10
7*45 2*24,8-84
12
15
11
4*0« 8"fif
8
....
3*74 5*14
12
7
....
4*2r 2*7t
10
7
...
2-71 4*0<
0
5
..
. 3*1
*11 1 1
3*0'
8
...
J
0*88
4
1 *&J 4*30 ... 11*90 5*9
12
8
il I * t 10
Bremen
Lisbon Barceand Iona <t
Lon<&Ham- Antdon. Havre. burg. werp. Oporto. Naples.
100
__
....
478
__
......
1 ,3 76
700
.........
.........
.........
18,187
1 1 ,3 2 6
4 ,3 2 8
3 ,5 0 6
6 ,8 8 3
644
2 ,0 7 6
600
4 ,6 7 8
4 4 ,8 7 4
.........
.........
100
478
9 ,5 5 5
__
....
......
600
.....
.....
......
350
Total.
2 ,6 7 6
3 ,5 2 2
3 .3 5 7
.........
......
4 ,3 2 8
...... .
......
Below we add the clearances this week of vessels carry* ng
ootton from United States ports, bringing our data down to
the latest dates:
N e w O r l e v n s —T o Liverpool—Jane 10—Steamers Astronomer, 6,700;
Engineer, 4,661.
To Hamburg—June 11—Steamer Cheruskia, 175.
To St. Pierre, M artinique—June 11—Schooner Clara Goodwin, 16.
Ch a r l e s t o n —To Malmo—June 10—Bark Svea, 1,150.
W e s t P oin ’P—To Liverpool—June 11—Steamer Powhattan, 2,110.
BOSTON— To Liverpool—June 10—Steamers Pavonia, 4 2 ___June 1 3 Steamer Kansas, 309....June 14—Steamer Bostonian, 898.
To Hamburg—June 9—Steamer Emopa, 25.
To Yarmouth—June 14—Steamer Boston, 2.
B a l t i m o r e — To Liverpool—June 1 1 —Steamer Qneensmore, 3 , 2 4 5 , . . .
June 13 -Steam er Nova Scotian, 742.
To London—June 8 -Steam er British Queen, 1,150.
To Bremen—June 15—Steamer Karlsruhe, 2,084.
To R otterdam -June 10—Steamer Patapsco, 139.
F h il a d slpi IIA —T o Liverpool—June 14—Steamer British Princess, 156.
Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.
G u id o , steamer (Span.)
....
726,0361 717.64
N sw York—To Liverpool, per steamers Arizona, 1,204 ...
Gallia, 1,106.... India, 416.....St. Ronans, 3,986 ....
Servia, 401....Taurio, 3,644....The Queen, 1,850..........12,607
To London, per steamer Manitoba, 100.... ............. .
100
478
To Havre, per steamer La Bourgogne, 478 ...................
To Bremen, per steamers Darmstadt, 2,128....Elbe, 248
....Spree, 50.............................. ..................... 2,426
To Hamburg, per steamer Bohemia, 250................... .
250
To Antwerp, per steamers Apollo, 268. ..Westernland, 1,103 1,376
100
To Barcelona, per steamer Massilia, 100.............. .......
To Naples, per steamer Massilia, 250.........................
250
To Lisbon, per bark Antonio D’Abundo, 500.... ......... .
500
100
To Oporto, per bark Colombo, 100.................. .
New Orleans—To Liverpool, per steamers Haytien, 4,204....
Mexican, 3,600..........
7,804
To Bremen, per steamer Donau, 3,522.... ................... 3,522
Savannah—To Barcelona, per steamer Benita, 4,328............ 4,323
Boston—To Liverpool, per steamers Angloman, 925....Cata
lonia, 795....Lancastrian, 1,640__ Norseman, 146........ 3,506
Baltimore—To Liverpool, per steamers Barrowmore, 1,738....
Carthaginian, 1,088.......................
2,826
To Bremen, per steamers Braunschweig, 947....Oldenburg,
1,972............................................................. 2,919
To Hamburg, per steamer Scandia, 438.... ..................
438
To Antwerp, per steamer Sorrento, 700......................
700
Philadelphia—To Liverpool, per steamer Lord Clive, 644....
644
Total ______________........................ 44,874
The particulars of these shipments, arranged in our usual
orm, are as follows:
9*02 2-33 0*10
10
10
10
8*58
11
950
G r a n d T o t a l . . . 2 3 ,3 3 7 1 9 ,5 6 3 17,315 1 8 ,1 8 7
8*12 2*44 8*55
12
14
5
...
2 ,3 0 0
Shipping N ews.—The exports of cotton from the United
States the past week, as per la te s t m a i l returns, have reached
44,874 bales, So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
I ldude the manifests of all vessels cleared up to Thursday.
4*48 8*80 7*47
10
12
7
4*10 10*31 8*04
15
14
12
10
T o t a l Sp a i n , & c ..
7*53 3*29 7-7,
14
12
11
2-78 6*96
6 18
3*16 4*07
10
15
8*71 7*25
6 15
1*98 7*18
8
13
8
Spain, Ita ly , & o.
All o th e r...........
2*55 5*48 6*79
12
9
12
0*74
8
TEMSRS’R
Nashville.—
Rainfall,in
Days rain..
Memphis.—
Rainfall.in
Days rain..
Ashwood—
Rainfall.in
Days rain..
Austin—
Rainfall.in
DayB rain..
TEXAS.
Galveston.—
Rainfall.in
Days rain..
Palestine—
Rainfall.in
Days rain..
Austin—
Rainfall,in
Days rain..
Abilene.—
Rainfall.in
Days rain..
San Antonio.
Rainfa 1,1
Days rain..
Huntsville.—
Rainfall.in
Days rain..
Longview—
Rainfall.in
Days rain..
Arlington—
Rainfall.in
Days rain..
IN D IA N T
Oklahoma—
Rainfall.in
Days rain
o l.
T o ta l F rench ....
108 4*45 0*76 3*80 2*40 1514
8-09 1*85 0*83
12
20
5
8
2
8
10
13
13
Bremen ....,
8‘57 1*95 8*75 1*40, 0*12 4*05 0*85 2*25 0*85 1*02 090 12*30 H am bu rg...
2
11
4
2
5
4
5 1 8 I 5
Other ports
4
3
9
AR R '^S ab
Little Rock.Rainfall.ln
Days rain..
Helena—
Rainfall,it
Days rain..
Fort Smi h—
Rain fall,in
Days rain .
E l Dorado—
Rainfall.in
Days rain..
Black Rock—,
Rainfall,in
Days rain..
Texarkana—
Rainfall.in
Days rain..
1
5*71 0*10 3*13
12
20 j 12
j
[Y
The cotton e x steamer Guido, at Liverp ool,
from N ew York, caught Are on the Hnskisson Quay, Jane 13. I t
was confined to 3,200 bales.
L a v e r n o c k , steamer (Br.), from N ew Orleans for Hamburg, with
1,082 bales of cotton, &c., recently ashore at Wood Cay, Grand:
Bahamas, was taken off by salvors afternoon o f June 1, and
arrived at Nassau on the 2d. She steamed to Nassau under one
boiler and her leakage was kept under by pumps oa board. Some
cargo was jettisoned. The wheat is considerably damaged, hat
the rest o f the cargo is iu good condition. The steamer is now at
Cochrane's anchorage, where she w ill remain for examination and
aw ait orders.
— — — . T w o barges laden with cotton and moved to the Bay Line
wharf. Baltimore, oanght fire June 14, and with their cargo*
were destroyed.
THE
J u r a 18, 1892. J
Cotton freights th8 past week have been as follows:
Satur.
Mon.
Wednes. Thurs.
Tues.
F ri.
Liverpool, steam d.
7Ö4
764
784
' 764
764
7« i
....
....
....
. .. .
Do
b id...d . ______
....
H avre, steam ...d. 7«*®% 764® % 761®% 7*4®% 7*4®% 764®%
....
....
....
....
....
. .. .
........... d.
Do
Bremen, steam, .d.
»S4
»64
#«4
»64
»64
»64
....
....
....
....
....
Do indirect..d.
....
Hamburg, stoam.d.
*88
*83
633
*38
*82
Bsa
....
.
..
.
.
.
.
.
.
.. .
....
.
..
.
Do
.........d.
Am st’d’m,steam.d.
SO*
30*
30*
30*
30*
30'
....
....
.... f
. ...
....
In d ire c t......... d.
....
Reval, steam___ d. 1164®% 1104®% 1104®% 1764® % lig i® % n 64®%
.
. .. .
Do
..............d.
. .. .
. .. .
....
Barcelona,steam d. i s64® 7SiJ 1364®7S2 i36 i® 732 J361®738 1884®738 1364®738
Genoa, steam ...d.
S18
81«
816
»18
*16
*1«
Trieste, steam ...d 1864 ® % 1 ® %TU%4® % i s 84® % 1*64®% 1S6 4 ® %
Antwerp, steam, d. 764®% 764® % 764 ® % 764®% 764®% 76 l» %
* Cents, per 100 lbs.
L i v e r p o o l . — B y cable from Liverpool we have the follow in g
statement of the week’s sales, stocks, &o., at that port:
May 27.
June 3.
June 10. June 17.
Bales of the week...........bales.
57.000
28,000
67.000
42.000
O f whioh exporters t o o k ....
2,700
2,600
2,000
1,000
6,500
4.000
3,600
O f which speculators took..
4.000
50.000
Bales Am erican......................
23.000
50.000
37.000
13.000
10.000
8.000
6.000
Actual export..........................
Forwarded............... .
61,000
59.000
39.000
53.000
Total stock—Estimated......... 1.699.000 1.635.000 1.644.000 1.624.000
Of whioh American—Estlm’d 1.464.000 1.418.000 1.425.000 1.404.000
18.000
Total import o f the week........
58.000
57.000
38.000
42.000
13.000
O f which Am erican..............
45.000
29.000
85.000
65.000
75.000
Amount afloat...........
85.000
60.000
45.000
O f which Am erican ......... .
45.000
55.000
The tone of the Liverpool market fo r spots and futures each
day of tho week ending June 17, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tuesday. Wednes. Thursday. Friday.
Spot.
Fair
Market, ( Harden’g Moderate In buyers’ business
favor.
1:45 P. M. j tendency. demand.
doing.
Mid,Upl’ds.
4%
Bales...... .
Spec. &exp.
4,000
200
4%
8,000
1,000
4%
8,000
1,000
Very
steady.
Quiet but
steady.
Easy.
Moderate
demand.
4 310
**16
*<16
10,000
1,000
10,000
1,000
7,000
Futures.
at Steady at Steady at
Barely
Market, Ì Steady
2 64 ad3-64 de 1-64 @2-84 steady at
1:45 p. M. j
ranee.
1-64 dec.
cline.
decline.
Market, \
4 P. M. J
Steady.
Easy.
ljOOO
B a t., J u n e 1 1 .
M o n ., J u n e 1 3 .
Quiet.
Weak.
Barely
steady.
Thus: 3 03 means
T u e s ., J u n e 14 .
Open High Low. Oloe. Open High Low. Clot. Open High Low. Oloe
June-July...
July-Aug...
Aug.-Sept..
September..
Sept.-Oct...
Oct.-Nov....
Nov.-Dee...
Dec.-Jan....
Jan.-Feb...
Feb.-Mch...
<1 .
415
41«
4 17
4 30
4 23
4 28
4 35
4 27
4 80
4 82
d.
415
415
418
4 21
4 23
4 23
4 25
4 26
4 30
482
d.
4 15
4 15
4 17
12 0
4 23
4 23
4 25
4 27
4 30
4 32
d.
415
4 15
418
4 21
4 23
4 23
4 25
4 28
4 30
4 32
W e d ., J u n e 1 5 .
d.
418
413
4 16
4 18
4 21
4 21
4 23
4 26
4 28
4 80
d.
414
414
417
4 20
4 22
4 22
4 24
4 27
4 29
4 31
d.
4 18
4 13
416
418
4 21
4 21
4 23
4 26
4 28
4 80
d.
414
414
4 17
4 20
4 22
4 22
4 24
4 27
4 29
4 81
T h u r s ., J u n e 16 .
d.
410
410
413
416
418
418
4 20
4 33
4 35
4 27
d.
4 11
411
413
4 16
418
4 18
4 21
4 23
4 25
4 28
d.
410
410
412
415
417
417
419
4SI
4 23
4 36
d.
410
410
412
4 15
417
417
4 19
4 22
4 21
4 29
F r i . , J u ne 1 7 .
Open High Low. Oloe. Open High Low. Oloe. Open High Low. Clot.
June-July...
July-Aug...
Aug.-Sept..
September..
Sept.-Oct...
Oct.-Nov....
Nov.-Dee...
Dec.-Jan....
Jan.-Feb ...
Feb.-Mch...
d.
4 08
4 08
4 10
4X8
4 16
4 15
418
4 20
4 32
4 35
d.
4 09
4 09
4 11
414
416
4 it
418
4 20
4 23
4»i
d.
4 06
1 03
4 08
411
418
4 18
416
417
4 19
4 22
d.
4 06
4 06
4 08
4 11
413
418
415
418
4 20
4 22
d.
4 07
4 07
4 09
418
414
4 1«
417
4 19
4 21
423
d.
4 08
408
4 10
4 13
4 15
415
417
419
4 21
4 24
d.
4 04
4 01
4 06
4 09
412
412
4 14
4 16
418
4 20
d.
4*5
4 05
4 07
4 10
4 12
412
414
416
418
4 21
The wheat market has varied widely. There was a sharp
decline in the first four days of the week, due largely to the
distrust caused among speculative holders by the “ anti-opuon
bill” which passed the L ow er House of Congress last week. To
this influence better weather at the W est and weak foreign
advices contributed in causing the decline. On Thursday
advices that the “ anti-option bill” may not be pressed to a
passage in the Senate at the present session caused a sharp
recovery, on a demand to cover contracts. The early decline
in speculative values carried down-prices of spot wheat, and
this led to active buying for export, the transactions for the
week on this account reaching nearly a million bushels.
To-day there was renewed depression, under favorable crop
accounts at home and abroad.
DAILY CLOSING PRICES OP NO. 2 RED WINTER WHS AT.
...... e.
...... e.
d.
4 03
4 06
4 08
411
4 13
418
416
4 18
4 20
4 22
d.
4 06
4 06
4 08
411
4 14
414
416
418
4 20
4 23
d.
4 06
4 09
4 08
411
413
413
415
417
419
4 22
4.
4 06
4 06
4 08
411
413
413
4 15
417
4 20
4 22
S.
F r i d a y , June 17, 1898.
The markets for flour and meal were very quiet throughout
the week under review, and prices until Thursda * had a
strong dow nw ard tendency, in sympathy with the course o f
the grain markets. To-day the market was dull and weak.
Tues.
85%
86%
87
87%
87%
90
94
Wed.
85%
86%
*■«%
87%
87%
90%
94%
Thurs.
86%
87
87%
87%
88%
90%
95%
F ri.
85%
86%
86%
87
88
90%
94%
Indian corn fell off sharply during the first half of the
week under review, owing to a full movement of the crop,
better weather at the W est and apprehensions of the pending
“ anti-option bill.” A t the lower prices on the spot a good
business was done for export and home use. The decline
was checked on Wednesday, and on Thursday a sharp ad
vance took place on the probable postponement of the “ anti
option bill” and a report that current receipts are grading
very poorly. To-day the distant options lost part of yester
day’s advance, but spot corn was scarce and dearer, checking
trade.
D A IL T CLOSING FRICKS OP NO. 2 MIXED CORN.
Sal.
55
52%
52
51%
.0. ..a.
Mon.
54%
52%
51%
51%
51%
Tues.
63%
51%
51%
51%
. .. .
Thurs.
57%
54%
53%
58%
53%
Wed.
54
52%
51%
51%
....
m .
»71*
•S%
•2«»
32%
53%
Oats have fluctuated with corn, and to-day futures w ere
weaker, w hile the spot market was firm.
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
June delivery...........o.
July delivery...,......-.0.
August delivery....... c.
September delivery.....o.
Sat.
Mon.
35
35
34%
34%
34%
34%
34%
38%
Tues.
34%
34%
34%
33%
Wed.
P4%
34%
34%
33%
Thurs.
36%
36%
35%
34%
F ri.
35%
35%
34%
33%
Rye has been dull and unsettled.
The following are closing quotations:
fine........... ¥ bbl. $1 90®$2 40 Patent, w in te r ....... $4 55®$4 90
Superfine.... ........ 2 15® 2 75 City mills extras..... 4 2 5 » 4 40
Extra, No. 2 ... ..... 2 50® 3 15 R ye flour,superfine.. 3 9 0 » 4 25
Extra, No. 1 ......... 3 25® 8 65 P ine................................® . . . .
Clears.............. . 3 75® 4 40 Corn meal—
Straights.......... . 4 25® 4 60 Western, A o ... . . . . . 2 80 ® 2 90
Patent, spring........ 455® 4 90 B ra n d yw in e........ 3 00 ® 3 10
[Wheat flour in sacks sells at prices below those for barrels.]
Wheat-—
8pring, perb u sh ...
Red winter No. 2..
Red winter........
White..............
Oats—Mixed..$ bu.
White..............
Ne. 2 mixed......
No. 2 white........
G RAIN.
0.
0.
82 ® 96
97%® 98%
82 ® 101
87 ® 97
36%» 38%
43 ® 50
36%® 33
44 » 45
Com, per hash.—
West’n mixed . .. .. 54
Steamer No 2 ...... 56
West’n yello w ...... 56
Western w h ite . .. . 58
R yeWestern, per bush. 86
State ana Jersey.. 85
Barley—No. 2West’n. ..
58
57
59
63
83
88
The movement of breadstuff a to market is indicated in S t«
statement below, prepared by us from the figures of the N ew
ifork Produce Exchange.
W e first give the receipts at
Western lake and river ports, arranged so as to present tho
comparative movement for the week ending June 11, 1893,
and since August 1, for each of the last thr*e year«
Ssesipts at—
Flour.
Wheat.
Vorn
oatt
Barley
»V * .
3bit.l96l2>* ausAftOib. fhiah-SfUit Buth.Mlb BtM/t.43 tfl- Bu. 56 tw
116,122
40,81»
251,066 1,301,021 1,469,950
90,223
JAleago.......
34,300
124,000
41,900
8,700
212,591
37,840
Milwaukee.
301,511
153,800
Duluth.......
1,615,760
.•
dlnneapolls.
51,690
4,300
......... a
111,10 0
2,382
foledo.......
33,521
9,611
3,927
105,415
2,058
•
e
.«
letrolt.. .
45,549
10,323
5,436
30,113
1,545
6,302
Jlevelant’ ....
572,030
6,300
105,293
128,350
19,687
it. Louts. ^.
833,00<
13,500
249,600
4,800
1,10 0
Pe>ria....
3,450
203,185
08,485
335,634 2,781,658 2,133.017 2",133,070
Tot. irit. ’$>2
91,291
45,739
167,053 1,510,434 1.700 037 1,665,094
ame ark.’91
253,170
151,623
141,376
995,171 4,937,410 2,577,637
*ame wk.’90
Since Aug. 1.
1301-92..... 11,291,105 305,336,719 108,521,665 93,411,175 30.736,695 14,170,326
9.381,600 103,131,811 89,335,160 81,281,075 38,215.593 4,174,393
.890-91.....
1889-90.... 10,303,953 109,897,112 182,412,113 85,643 575 25,611.319 5,915,46«
The receipts >f flour and gram at the seaboard ports for iue
week ended June 11, 1892. follow :
Flour,
At—
B R E A D S T U F F
Mon.
87
87%
88
88%
89
91
95
Sat.
87%
88%
89
89%
89%
92%
96
...... O.
FLOOR.
Steady at
3-64 ad
vance.
The opening, highest, lowest and closing prices of futures at
Liverpool for each dav are given below. Prices are on the
basis of Uplands, L o w Middling clause, unless otherwise stated:
C P * The prices are given in pence and 64t-h.
3 63-64rf., and 4 01 means 4 1-64(2.
1019
C H R O N IC L E .
bbl*.
Wheat,
bush.
O om ,
Oats,
bush.
bush.
Saw Y o rk ,__ 126,5421,234,500
Boston........... 70,694
6,025
Montreal........ 26,41 L 36 L,0*1
Philadelphia.. 46,754
87,609
Baltimore___ 68,993 2L9.893
Richmond ..
7.275
21,548
NewOrleans.. 11,208
36,600
203,825 240,450
221,356 194,365
10,000 394,263
177,963
86,325
129,156
3,000
39,705
3,410
21.349
21,561
Total week 357,877 1,967,198
Cor. week *91 277.4871,474,165
803,859
844,833
Barley,
bush.
12,750
500
20,144
4,000
9 43,874 37,394
611,923
1,400
Rye,
oush.
62 175
500
i',200
16,456
221
80,552
17.000
The exports from the several seaboard ports for the w a s t
ending June 11, 1892, «re shown in the annexed stateme i
THE CHRONICLE
1020
Exports
fro m —
Wheat.
Bush.
Mew York 1,176,986
Boston... 184,701
Portland.
Montreal. 863,486
P h ila d el. 240,138
Baltim’re 373,578
M. Orl’ns.
990
N. News..
N orfolk..
Tot. week. 2,539,879
S’me time
1 891... 750,657
C om .
H o u r.
Oats.
2Zy<.
Bush.
94,475
250
B bl».
114,454
28,739
Bush.
28,055
18,675
Bush
64,079
8,273
219,960
123,259
270
23,330
18,324
3%925
14,599
426
5,348
328,801
469,817
217,815
375,531
565,998
182,400
4,421
Peu*.
Bush.
5,044
_____t ...........
34,995 170,468
17,968
42,285
-— ‘ i
159,327
175,512
........1
6,754
The visible supply o f grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, June 11, 1892:
I n store at—
N n Y o r k ........
Do aflo at.....
A lb a n y . . . . . . . . . .
Buffalo............
Chicago..............
Milwaukee
D n in th _________
T o le d o ............ .
D e tro it.............
O s w e g o ............
8t. L o u is .........
Ginei rinati______
Boston................
Toronto......... .
M o n tre a l.........
Philadelphia.. .. .
Peoria.............. .
Indianapolis......
Kansas City . .. .
Baltimore____ ...
Minneapolis.......
On Mississippi...
On Lakes...........
On canal & river.
Wheat,
bush.
2,615,000
236,000
C om ,
bush.
140.000
Oats,
bush.
324,000
15,000
12,000
706.000
376.000
57,000
6.506.000 1,118,000 1,052,000
225.000
...........
9,000
4.270.000
175.000
54,000
64,000
92,000
4,000
19,000
8,000
350.000
184,000
89,000
6,000
99.000
29.000
48,000
98.000
5,000
615.000
582,000
493,000
267,000
89,000
9,000
38,000
61,000
7,000
44,000
33,000
308,000
40,000
8,000
864,000
491,000 106,000
1,000
1,000
7,516,000
6,000
47,000
674,000 1,461,000 990,000
712,000
97,000 298,000
Rye,
bush.
91.000
11.000
8,000
9,000
177,000
40,000
B arey,
bussi.
55,000
51.000
18.000
33,000
29,000
2,000
2,000
2,000
3,000
33,000
...
8,000
10,000
14.000
48.000
130,000
5,000
5,000
31,000
76,000
8,000
29,000
Tot. June 11,'92. 26,651,000 4,628,000 3,397,000 532,000
Tot. June 4/92. 27,910,000 4,478.0)0 3,369,000 450,000
Tot.Ju nel3, *91. 15,501,543 4,955,677 4.262,500 294,593
Tot June 14, '90. 21,578,141 16,201,224 5.396,164 694,712
T ot June 15, ’89.17,631,29411,215,095 5,468,153 1,025,897
396,000
411,000
112,909
529 273
305,562
[VOL. LtV,
has been reduced 2 % per cent. Free orders have been placed
in these at the reduced prices, and other brands which have
been selling for some time past on a comparatively low basis
have also moved better. Brown sheetings are generally unal
tered from last week. Standard drills and 3-yard sheetings
are in good supply, but most lighter makes are w ell sold.
Colored cottons of the denim, tick and plaid order are also
contracted far ahead in leading makes and are quite steady
in price. Flat-fold cambrics are still behind the demand,
and 64-squares are quoted at 4c. and 4 ^ c . per yard, with
some business doing at the outside price. Other divisions,
such as wide sheetings, silesias and cotton flannels are steady.
N ew season prints are hardly on the market yet, but indica
tions of better prices than last season are well defined. Fall
ginghams, on the other hand, are now shown in aU medium
makes at varying slight concisions from last season’s range
of values. Print cloths are firm at 3%cl for 64 squares, with
more buyers than sellers, aqfl for 58x60s 3c. per yard is asked.
D o m e s t ic W o o l e n s . — Although there has been an im prove
ment in the re-order demand for men’s-wear heavy woolens
and worsteds it has not come up to expectations. The chief
disappointment has been in the worsteds division, as buyers
have confined their duplicates in this to the finest lines only.
Manufacturers of lower grade worsted materials find heavy
woolen fabrics competing successfully w ith their products.
The demand for duplicate assortments of heavy woolens have
been of fair extent, but outside of these there is a lack of
decision in buyers’ operations. N e w spring styles are still
mostly confined to low-grade all-wool and to cotton-warp
makes in lines generally shown, but orders for finer makes
are being quietly bookei.
Business in overcoatings and
cloakings is steady although of only moderate proportions.
Satinets are inactive in light-weights but fair orders have
been recorded for heavy goods. Flannels and blankets are
quiet without feature.
A ll-w ool and worsted dress goods
have been freely delivered on back orders but new business
is still slow.
1892.
Stock o f P r in t C loth »—
June 11,
Held by Providence manufacturers. None.
Pall R iver manufacturers___ . . . . . . . None.
Outside speculators (e s t)...............
None.
Total stock (p ie c e s )...... . . . . . . . None.
F o r e ig n D r y G o o d s . — Business in
THE DRY GOODS TRADE.
N e w Y o r k , Friday P. M., June 17,1892.
1891.
June 13.
449.000
437.000
None.
1890.
June 14.
380.000
886,000
500,000
120.000
None.
this department in
spring and summer fabrics and specialties is practically at an
end, although there are still ta"lings and odd lots being cleaned
up at irregular prices. Importers and agents have done some
business during the week on samples of fall styles in dress
goods, silks and fi e men’s: wear woolens, but most orders for
the coming season have already been placed, and importations
are now being awaited. The outlook for fall in volume of
business and in prices is considered cheerful by w ell in
formed operators.
75,944
38,483
115,952
49,495
7,382
449,451 1 58,301,9411
52,616
396,835
oslo a» o>os
i-*©^-00 05
if* in© WW
*4
©
©
©
1,342
5,658
1,342,175'
989 287,256
4,964 1,054,919
1892.
1891.
Week. Since Jan. 1.
Week. Since Jan. 1
N e w Y o k e to J une 14.
20
7
6,724
162
62
166
584
50
2,153
723
77,535
4,319
4,077
2,404
6,497
1,561
4,245
14,496
1,256
T ota l.............................
China, via Vancouver........
1,775
108,812
6,979
7,775
60
119,266
12,915
T ota l.......... ..
._......
115,791
1,775
* From New England m ill points direct
7,835
132,181
...
The value of the N e w Y o rk exports since January 1 have
been $5,577,615 in 1892 against $6,247,617 in 1891.
The chief business in domestics during the past f e w days
has been transacted in bleached shirtings for future deliv
ery. The D ew prices announced comprise Lonsdale, 36-inch
bleached, 8J^c.; 32-incb, 7 ^ c .; Blackstone, 86 inch, 6J^c.;
H ope, 36-inch, 6J^c.; Fi chville, 36-inch, 6c.; Forget-me-not,
36-inch, 5%c.; Rival, 36-inch, 8c.; while Fruit of the L?om
Ci en Ci CHX
•CO00 **4H* CO
Ol o
X 9*60.(Of*
VltO CiOiCi
eOCHCCOiOf
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43,983
87.513
78,378
6,553
2,709
. 993
54,205
2,881
5,383
4,365
7,946
1,99«
3,003
23,838
1,491
41,275
396,745
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1 438,020|
Great Britain__________ . ...
Other E u ro p e a n ......._____
China...................................
In d ia....................................
Arabia..................................
A fric a ...................................
West Indies........ .................
M exico______ ______ ________
Central A m erica ..............
South A m eric a ...................
Other countries...... .............
X Ci
COCO
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Manufactures of-— |
W o o l ..................
C o tto n ........ .
811k............ .......
F l a x ..................
Miscellaneous ____
I
T o t a l ......... .
Ent’d foroonsumpt
h
Total on market
The changes in the prices of bleached shirtings for which
buyers have been waiting were announced this week, agents
of leading brands m aking reductions varying from 2 ^ p?r
cent .to
per yarJ. Although this only puts those affected
more nearly on a parity w ith competing but less popular
lines, it has simplified the situation with good results. These
have been seen in a decided increase in business during the
past few days. There have been more buyers in the market
Im p o r ta tio n s o f D rv G o o d *.
and they have placed their orders for future delivery with
The importations of dry goods at this port for the week
more freedom than at any time since they began to make
their fall purchases. This has imparted a steady tone aU ending June 16, 1892, and since Jan. 1, and the same facts
round, and there are fewer sellers under generally current for the corresponding periods o f last year are as follows:
rates than heretofore. For present needs the demand does
g
g
g
s
not show a corresponding expansion, deliveries on existing
contracts apparently meeting most of present requirements.
Is s ili
e*
g•
The continued quietude of the export business has also to be
2»
noted, and there is still a fu ll supply of goods upon which the
o;
a! 0
export demand mostly runs in the market.
Fine weather
d• rt-r; * ©
locally and improved conditions and prospects elsewhere
« I 1 • • M»
B:
have helped the jobbing trade to improve on last week’s rec
: : : : : I
•d
<rb■
•
ord, a good busiuess being done in cotton dress fabrics suit
gs
it*-**
b
able for summer wear. Trade with far off Western points
CH©XX<4
CO
XMHtO
COx bsiaKibc w
I?
and Southern markets has been fair, but the chief demand
M CHCHX CH
CH
< 1 cnx <1 ©
CO-»>£.03©
qotO<l vio
X
cn^x©(0
If“-*- cnxocicn
has been advanced by city and local retailers. Collections
•3^5
are reported regular and as comparing favorably with a year
H»
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eneo
ago.
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00COCO(0 ©*9
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COCCHI oi
D o m e s t ic C o t t o n G o o d s .— The exports of cotton goods
05053505Ol
BX 05X CO
H* <4 C
<©35 If».-JW
CO© © © CHM05
from this port for the week ending June 14 were 1,775
packages, valued at $1 ¡4,728, their destination being to the
M l-M
points specified in the table below:
H*(OMIOOi
00 CH CH CO Æ*
C O M IC O X
(010 ^•OACOO
0(0 WO<l
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THE CHRONICLE.
JVNE .8, 1892.}
S tate
and
C ity D etantment .
TERMS OF SUBSCRIPTION.
Commercial and Financial C H R O X IC LE
con
tains 4 0 to 6 4 pages published every week.
State and City Supplement of C H R O X IC LE con
tains 1 8 0 pages published several times each year.
Investors’ Supplement
of C H R O N IC L E (a Cyclo
paedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to C H R O N IC L E for one year $10.00,
which includes every issue of both S u p p l e m e n t s .
The purpose o f this State and City Department
is to furnish our subscribers with a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts w e shall give, the amplifications
and corrections w e shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” w e expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence if every Subscriber w ill note in his S u p p l e
m e n t on the page designated at the head of each item a
reference to the page where the item in the C h r o n i c l e can
be found, he w ill at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
1021
W e give below the statement showing the balances stand
ing to the credit of the several funds on the county balance
sheet at the end of the last week preceding the first Monday
of A pril, including the distribution of taxes collected in
December 1891 and the estimated June tax collections of 1892.
<— Balances Estimated.— ,
A p r il 5, ’92. June eoll’n.
Funds.
Or
Or
A m ity R o a d ............................. $1,362 42
$ ..............
Bridge Fund............................
3,522 96
23,102 98
Cincinnati, Oakley and Madison aves.................................
7,627 91
4,620 57
County F u n d ...............................................
191,847 10
County In firm ary...................
7,620 8 6 )
7,593 05
L e v y Dow s
County Infirm ary Int. & Sink’g
..............
3,000 00
Interest and Sinking...............
28,234 89
46,753 75
Lon gview A s y lu m ..................
36,501 47
17.327 33
Sinking Fund...........................
8,498 65
10,611 94
Soldiers’ R elie f........................
6,946 70
17.327 33
Purchasers o f K in gs Cou ty Bonds M ust P a y U p.— Coun
selor John B. Meyenborg, representing Kings County, has
carried county bonds already signed to the various institu
tions which refused to accept them recently pending the set
tlement of the suit to test the validity of the bonds. In case
the parties decline to accept the bonds, now that the suit has
been decided in favor of the county, additional suits in the
several cases w ill be brought. The purchasers of the bonds
w ho w ill be called upon for payment are D. A. Moran, $120,000, sold to the Bow ery Savings Bank; E. Morrison, $90,000,
sold to the Union Dime Savings Bank; Blake Bros., N ew
York, $30,000; D. A . Moran, $9^,000.
12,248 48
191,847 10
15,213 91
3,000 00
74,988 64
53,828 80
19,110 59
24,274 03
$100,315 86 $322,184 05 $422,499 91
The following is another interesting statement containing
an approximate estimate of the money needed to be provided so
as to pay all law fu l expenses of the county and its several de
partments, offices and institutions for .the twenty months fol-_
lowing the first Monday of A pril 1892. Also the total am ount
deemed necessary to be levied for 1892. Care has been taken
to avoid surpluses and deficits, and confine the sum to be
raised entirely within the maximum limit prescribed, namely,
$50,000 per month, or $1,000,000 for twenty months. Account
has been taken of the money at present in the County Treas
ury to the credit of the several funds, as well as that to be col
lected this month.
Amt. A p ril 5,
’91, m cl'g est.
Funds—
June coUect'n.
General eounty............... $191,847 10
Bridge.......... , .................. 26,625 94
Longview Asylum ........... 53,828 80
Lon gview Asyl.int.&sink.
...........
B R O O K L Y N 'S R E Q U I R E M E N T S C U T D O W N .
Soldiers’ re lie f................. 24,274 03
23,102 89
The Board of Estimate of the city of Brooklyn has cut off Election...........................
Special roads and bridges 11,55144
2,772 34
$1,000,000 from the provisional estimates of city and county Taylor and Tweed A v e ...
Pleasant Ridge and Madi
expenses for the year 1893, as published in the C h r o n i c l e
son Road......................
5,775 72
1,732 71
of last week.
The most important reductions were in Kugler M ill Road............
Loveland and Union Cem
the figures for the Department of Charities and Correction,
etery Road....................
2,772 35
Road.................
4,620 57
in which the sum was cut down from $1,185,300 to $896,800 ; Yononte
Free T ’ npike Aud’n Tw p.
2,672 35
for the Sheriff, from $193,200 to $140,000 ; for the County Extension West Eighth St. 11,551 44
Clerk, from $57,900 to $35,900 ; for the principal of the county
debt, from $327,714 to $150,000 ; and for the National Guard,
from $50,000 to $35,000. The various items in the budget for
the Board of Education were cut down by the sum of $884,492.
Total.
Or.
$1,362 42
26,625 94
T otal.........................$363,127 68
Co. In f’y Purposes on
$51,505,240................
15,213 91
Grand total............... $378,341 59
*County duplicate................ .....
City duplicate............................ .
* Total
Product
credits, includ’g
o f levy.
levy 0/1892.
$472,142 90
$663,990 00
47.214 29
73,840 28
47.214 29
101,043 OO
2,360 71
2,360 71
35,410 71
59,684 74
47.214 29
70,317 18
23.607 14
35.158 58
5.665 71
8.438 05
11,803 57
3,541 07
17,579 29
5,273 78
5.665
9,442
5.665
23.607
8.438 06
14,063 42
8,338 06
35.158 58
71
85
71
14
$740,556 09
15,451 57
$1,103,683 77
30,665 48
$756,007 66
$1,134,349 25.......
$51,505,240
.................. 184,566,210
G en eral................................................. ........$236,071,450
Total amount raised within the one million dollar limita
tion $740,556 09.
The city of Cincinnati is entitled to one-third of the levy"
made for bridge purposes.
The report also shows that the annual expenses of all fundsfor the twelve months ending on the first Monday in A p r il
were $6,576,104 46.
Kansas City W a te r Bonds.—A committee of the National
W ater
W orks Company, which owns the present sys
tern of water
works
at
Kansas City, has issued a
circular regarding the issue of $2,000,000 of
4)^ per
cent gold water works bonds for sale
on June 20.
N ew Y o rk City.— Controller Myers has sent a letter to
It
recites
the
condition of existing suits and then
Attorney-General Rosendale affirming a claim which the State
announces that “ it is the intention of the undersigned to
has against the city. In 1890 the State Board of Equalization
carry this litigation, if necessary, to the Supreme Court of the
added $119,000,000 to the tax assessment of this city, thereby
United States, and all persons contemplating investment in
increasing the city’s share of the State tax by nearly $420,these bonds are hereby notified that if they buy them tlr ey do
000. The city refused to pay this, claiming that the action of
so with full notice that their legality w ill be contested to the
the board was illegal and unjust. The courts decided agaipst
very end. B. F. Jones of Kansas City has also issued a cir
the city and the money has since been paid. The State now
cular giving a history of this contention in which he warns,
comes forw ard with a claim for about $40,000 for interest on
bond buyers “ not to buy Kansas City bonds.” The local press
the $420,000, being 6 per cent from the time the money was
denounce these circulars as designed to injure the credit of
due until it was paid. The Controller’s letter reviews the
the city in Eastern financial centers. These bonds were orig
facts in the case and asks that the interest account be can
inally issued as 4 per cent bonds, but could not be floated at
celed. '
that rate in the face of the threatened litigation by the
H am ilton Tounty, Ohio—A u d ito r’s Estimate.— The annual National W ater W orks Company and local taxpayers.
estimate which, according to law, the County Auditor is re
In answer to the above-mentioned circulars City Comp
quired to present to the Commissioners for their guidance in troller Benjam in Holmes says that the contract of the city
the preparation of the levy for taxation has been completed with the National W ater W orks Company expires October
this week and presented to the board.
1893, and the city is under no obligation to renew the con- j
Auditor H agerty has made up the estimate with great care, tract, and that the law under which the contract was
and it shows just the condition of the various county funds originally made prohibits its continuance after SO years (ex
at present and how they w ill stand after the June collections. piring next year), and provides that the city may buy the
A n interesting statement of past and future county expenses works at a fair valuation, or refuse to buy if not in good con
is also included.
dition, and that the plant is mortgaged in excess of 95 per
1022
cent of its value, whioh was
contract. The Comptroller
city proposes to build works
plant of the National W ater
THE CHKOMCLE.
another prohibitory clause of the
says that for these reasons the
of its own, and refuses to buy the
W ork s Company.
B ond Proposals and Negotiations.— W e have re
ceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.
A rlin gto n , Mass.— (State and Cit y Supplement , page 20.)
— A bill authorizing the issue of $150,000 of 6 per cent 30-year
bonds by the town of Arlington for the purpose of improving
the water supply and service of that town has passed the
Massachusetts Legislature.
B a lla rd , W ash.— The people of Ballard w ill vote on the
issuance of $8,900 of bonds, of which $7,400 w ill be used to
purchase the water-works of the W est Coast Improvement Co.
and the remainder for improvements.
B raintree, Mass.— (State and Cit y Supplement , page 28.)
~ - A bill has passed the Massachusetts Legislature authorizing
the issue of $50,000 in bonds by the town of Braintree.
Castro County, Tex.— The State Comptroller of Texas has
purchased for the school fund Castro County bonds to the
amount of $12,000.
V o l. L IV .
following is a list of the bonds so selected, all of which are
called for pay m en t:
12 General City Bonds, '71 to ’7 3 - 4 Bridge Rep. and Ree. Bonds—
Nos. 1 to 4. Bid in.
Nos. 10,11, 43, 68, 70, 143,164,
2 City Bridge Bonds, 1 89 0169,173, 204, 221, 236
Nos. 6 ana 7. Bid in.
7 General City Bonds, 1 8 8 5 Nos. 446, 447,448, 449. Bid in. 10 School Bonds of 1 8 8 7 Nos. 31 to 40. Bidin .
Nos. 479, 491, 494. Drawn.
12 School Bonds of 1889—
8 General City Bonds, 1886—
Nos. 226 to 237 ino. Bid in.
Nos.545,547,548,639,640. Bidin.
10 School Bonds o f 1891—
Nos. 570, 577, 598. Drawn.
Nos. 451 to 460. Bid in.
6 Registered Water Bonds—
Nos.12,42,56,108,110,178. Dr'll. 3 Interoept’g Sewer Bonds. ’ 8 7 Nos. 10,11 and 12. Bid in.
21 W ater Bonds, 1 8 7 1 Nos. 21, 30, 56, 60, 64, 82, 111, 2 Bath Bonds o f 1888—
Nos. 21 and 22. Bid in.
115, 126, 129, 144, 239, 549,
560, 589, 591, 631, 697, 719, 2 R ive r Dam Bonds of 1889—
Nos. 6 and 7. Bid in.
730, 770. Drawn.
3 Library Bonds o f 1 8 9 0 7 W ater Bonds o f 1883—
Nos. 7,8 and 9. Bid in.
Nos. 12,19, 26, 46, 89,114, 141.
5 Library and Museum Bonds,’91—
Drawn.
Nos. 61 to 65.
13 W ater Bonds o f 1 8 8 6 Nos. 157, 165, 171,173,180,211, 5 W ater Dept. Constr. Bonds, ’9 0 Nos. 11,12,13,14, 15. Bidin.
213, 233, 260, 299, 322, 344,
3 City H all Bonds, 1 8 9 0 380. Drawn.
Nos. 7, 8 and 9. Bid in
12 W ater Bonds o f 1 8 8 7 25 W ater Bonds o f 1 8 9 0 Nos. 608, 609, 610. Bid in.
Nos. 701 to 725. Bid in.
Nos. 404, 505, 437, 489, 444,472,
5 Park Bonds of 1 8 8 9 459, 529, 549. Drawn.
Nos. 91 to 95. B idin .
5 Bridge Bonds o f 1 8 8 3 10 City H all Bonds, 1 8 9 1 Nos. 5, 11, 18,13, 69. Drawn.
Nos. 61 to 70.
7 W ater W ’ks Refund. Bonds,’ 8 3 Nos. 12, 34, 45, 84, 95, 98, 121. 7 Public Park Bonds, 1 8 9 1 Nos. 101 to 107.
Drawn.
8 W ater W ’ks Refund. Bonds,’ 8 4 - 3 Yiaduot Bonds o f 1 8 9 2 Nos. 1, 2 and 3.
Nos. 91 to 98. Bid in.
5 Bridge Bonds, 1 8 8 2 Nos. 51 to]55. Bid in.
The bonds in the above list w ill cease to hear interest on June 30
1892, and money is now in the hands of Morton, Bliss & Co., o f New
York, and the City Treasurer o f Milwaukee for the payment of the
same at par, including interest.
Ordinances authorizing the issue o f 5 per cent park bonds to tbe
amount o f $250,000 and 5 per cent w ater bonds to the amount of $50,000, have been passed by the oity eouneil and approved by the mayor.
Chicago, 111.— (State and Cit y Supplement , page 90.)—
City Comptroller H. M. May w ill receive proposals until June
20 1892 for the purchase of $821,000 of water bonds, $249,000
o f river improvement bonds and $490,000 of sewer bonds.
The securities w ill bear interest at the rate of 4 per cent per
annum and w ill mature July 1 1912, principal and interest
payable in gold.
N ebraska City, Neb.— (State and Cit y Supplement , page
D istrict o f Colum bia.— (State and Cit y Supplement , 119.)—Nebraska City will vote on the question of issuing $10,page 74.)—The Treasurer of the United States w ill receive 000 of intersection bonds and $34,000 of high school bonds.
until June 23 1892 bids for $400,000 of % % per cent bonds
N orth Tonawanda, N. Y.—(See debt statement elsewhere in
of the District of Columbia. These bonds w ill be redeem
able at pleasure after two years and payable after ten years this Department.) On June 20 4 per cent village sewer bonds
to the amount of $20,000 will be sold to the highest bidder.
from the date of their issue.
The sale w ill take place at the Council Chamber and the
E dw ards County, Tex.—Edwards County bonds to the bonds w ill mature at the rate of $1,000 per annum, beginning
amount of $8,000 have been sold to the State Comptroller of with Jan. 1 1900.
Texas, who has purchased the bonds as an investment for the
Oakland, Cal.— (State and Crufv Supplement, page 139.)
permanent school fund of the State.
Proposals w ill be received until July 11 1892 for $400,000 of 5
E ly ria, Ohio.— Elyria, Ohio, w ill soon issue $20,000 street
per cent school bonds. The principal of the loan w ill mature
improvement bonds bearing 6 per cent interest.
at the rate of $80,000 yearly, beginning with July 15 1893.
G rin n ell, la .— On June 18 the people of Grinnell w ill vote See advertisement elsewhere in this Department,
on issuing bonds for water works.
Olean, N. Y.— (State and City Supplement, page 53.)—
Guthrie, Oklahoma.— A n issue of city water bonds to the
Olean village bonds to the amount of $33,000, bearing interest
amount of $50,000 has been proposed.
at the rate of % % per cent per annum, have been awarded to
H am ilton County, Ohio.— (State and Cit y Supplement , the Rochester Savings Bank at par. The bonds mature part
page 80).— Seasongood & Mayer, of Cincinnati, were the suc yearly from 1918 to 1918 inclusive.
cessful bidders for the $15,000 of Hamilton County platting
Omaha, Neb.— (State and City Supplement, page 119.)—
fund bonds.
City Treasurer Bolin, of Omaha, w ill receive proposals until
H a rtw e ll, Ohio.— The Village Clerk of H artw ell w ill receive
June 20 for $100,000 of school bonds and $40,600 of 5 per cent
proposals until June 20 1892 for the purchase of 6 per cent
bonds of said village to the amount of $10,000. The principal district improvement bonds.
— The election which occurred in Omaha this week, Thurs
of this loan will mature at the rate of $150 yearly beginning
day, resulted in an overwhelming majority in favor of the
with June 1 1892.
$750,000 of railroad aid bonds which were in question.
Ilio n , N. T.— Proposals will be received by the Board of
The securities w ill be issued for the purpose of aiding
W ater Commissioners of the village of Ilion until July 1 1892 the Nebraska Central Railroad to build a bridge across the
for 4 per cent 20-30 year water bonds to the amount of Missouri River, and a union depot in Omaha and 100 miles of
$95,000.
railroad north of Council Bluffs. The object is to give all
Io w a F alls, Io w a.— Bids w ill be received until July 1 1892 Eastern roads a chance to enter Omaha on reasonable terms,
for $15,000 of water bonds. For further information address and thus break down the embargo imposed by the Union
Frank D. Peet, City Recorder.
Pacific bridge.
Key West, F la .— (State and City Supplement, page 163.)—
P eek sk ill, N. Y.— (State and City Supplement, page 52.)
The Equitable Mortgage Co. of N e w Y o rk were the purchas The Peekskill Board of W ater Commissioners w ill receive bids
ers of City H all and Market bonds of K ey W est to the amount until July 1 1892 for $40,000 of water bonds fal ing due July
of $58,000.
1 1922. Bonds w ill be sold at par to the bidder offering to
L a Crosse, W is.— (State and City Supplement, page 99.)— take the loan at the lowest rate of interest. See advertise
The State Bank of L a Crosse has been awarded 5 per cent ment elsewhere in this Department.
bonds of that city to the amount of $10,< 00, for which they
P h iladelp h ia, P a .— (State and City Supplement, page
paid $516 premium,
68.) It is reported that the city w ill soon offer for sale $1,000,M echanicville, N. Y.— Mr. W . J. Adams, Village Clerk, 000 of bonds for the construction of a proposed new reservoir.
writes the Chronicle that Mechanicville water bonds to the
P o r t o f Portland, Oregon.— (State and City Supplement,
amount of $88,W0 have been sold.
page 142.)— Bids w ill be received until June 25 1892 by James
M adelia, M ura.— Independent School D istrict No. l f— Bids Steel, Treasurer of the Port of Portland, for $100,000 of 5
for $17,000 of 6 per cent school bonds of this district w ill be
per cent 30-year bonds, principal and interest payable in gold.
received until July 2 1892 by the Clerk of the Board of E d u
These bonds are issued under authority of an act of the leg
cation. The bonds w ill be dated Jan. 1 1892.
islature of Oregon, filed’ February 18 1891, establishing the
M ilw aukee, W is.— (State and City Supplement, page 100). port of Porland, and authorizing the issuance of bonds to the
— A t a recent meeting of citizens, resolutions were passed re amount of $500,000 for river improvements, so that a channel
questing the Council to at once secure the issue of $150,000 of of at least 25 feet in depth may be established and maintained
bonds authorized by last Legislature for the construction of between Portland and the Pacific Ocean. The corporation
the V an Buren Street viaduct.
“ The Port of Portland,” embraces all the territory w ithin the
M ilw aukee, W is.— (State and City Supplement, page 100.) city of Portland as recently consolidated, and also a large
— Bids for the retirement of general city, water, bridge, water area of valuable territory outside the present boundaries of
works refunding, bath, water department construction, school, the city, the valuation of which, for purposes of taxation, over
intercepting sewer, Milwaukee River Dam, City Hall, library, all deductions, was for the year 1891 over $41,000,000. The
park and viaduct bonds were opened on June 1, 1892, by the said corporation is, by the act of its incorporation, endowed
Commissioners of the Public Debt of Milwaukee, but as the pro with authority to levy taxes on all property within its limits
posals did not equal the amount of the sinking fund on hand, amply sufficient to meet the interest on the bonds authorized
applicable for the retirement of such bonds, the commissioners and to finally retire them at their maturity. The court of last
thereupon determined by lot which bonds should be paid. The resort in the State of Oregon has declared said A ct to bt Con-
1023
THE CHRONICLE
J u k e 18, lbSS.J
stitutioual and valid. Bonds to the extent of $100,000, a part
o f the issue of $500,000 authorized, have already been issued.
See Chronicle, Vol. 53, page 946.
W orcester, Mass.— (State and City Supplement, page 32.)
— The city of Worcester will borrow $100,000 for four months’
time.
Yak im a County, W ash.— (State and City Supplement,
Rochester, N.,Y.— (State and City Supplement, page 53.)
— On June 14th feast Side Trunk Sewer Bonds of this city to page 144.)— Bids w ill be received by the Board of County
the amount of $500,000 were sold to the Rochester Savings Commissioners until June 27 1892 for the purchase of 6 per
Bank at an average price of 102*86, the total premium r e - • cent funding bonds to the amount of $400,000.
ceived being $14,300. The local press states that this is the !
best sale which the city has made in many years.
STATE AND CITY DEBT CHANGES.
The bonds bear 3% per cent interest and fall due at the rate
ef $25,000 yearly from 1912 to 1921 inclusive.
The first block
W e subjoin reports as to municipal debts received since the
o f $100,000, maturing in 1902, 1903, 1904 and 1905, sold at | last publication of our State and City Supplement.
102*55 ; the second block of $100,000, maturing in 1906,1907,1
Some of these reports are wholly new and others cover items
1908 and 1909, sold at 102*70 ; the third block of $100,000, ma
turing in 1910, 1911, 1912 and 1913, sold at 102*95 ; the fourth of information additional to those given in the Supplement,
block of $100,000, maturing in 1914, 1915, 1916 and 1917, sold and of interest to investors.
at 103 ; and the fifth block of $100,000, maturing in 1918,1919,
N ew Y o rk — Yonkers.— (State and City Supplement, page
1920 and 1921, sold at 103*10.
Aside from the bonds just sold, the Common Council has 56.)—W e give below a statement of the outstanding bonds
legislative authority to issue bridge bonds to the amount of and general financial condition of the city of Yonkers, which
$300,000, additional water supply bonds to the amount of has been corrected to date by means of a special report sent
$1,750,000, and Genesee River bridge bonds to the amount of
us this week by R. P. Getty, City Treasurer.
$150,000. It is expected that a loan of $750,000 w ill soon be
Yonkers is in Westchester County.
advertised.
LOANS—
Tampa, F la.— It is proposed to issue bonds to the amount of
$300,000 for sewers and paving, in accordance with a report
recently submitted.
A ssessm ent B ond s—
Taunton, Mass.— (State and City Supplement, page 30.)—
The city of Taunton has .issued $350,000 of 4 per cent water
bonds.
*
v .
/
Waco, T ex.— (State and City Supplement, page 173.) The
city of W aco w ill issue $40,500 of 5 per cent bonds, to be given
in exchange for that amount of bonds which have matured
and have not yet been retired.
r
W akefield, Neb.— The citizens of Wakefield have petitioned
for an election to vote on the issuance of water bonds.
W eb er Co., U tah.— This county w ill soon advertise for bids
on an issue of bonds to the amount of $70,000. These securi
ties have recently been authorized by vote.
NEW
N EW
LO A N S.
NEW
$ 500,000
City Hall and Park Bonds,
(D U E J U N E 1, 1 91 2.
IN TE R E S T P A Y A B L E S E M I-A N N U A L L T
IN N E W YORK.
Send fo r sp ecial c ir c u la r g iv in g in terest
in g com p ariso n s b e tw ee n O m a h a an d other
cities of s im ila r w e a lt h an d pop ulation ,
N , W . Harris &
C o.,
BANKERS.
NEW
C H IC A G O .
YO R K.
BOSTON.
8100,000
6 P E R CEN T G O L D F U N D IN G B O N D S
Cascade County, Montana,
Interest and Principal payable in New York City.
Assessed valuation................ .................. $12,38*,-831
D e b t.......................................................
341,301
Population........................................................ 12,500
Price and particulars on application.
C. H. W H IT E & CO.,
W. t . IR W IN .
T A C O M A , W A S H .,
M e rc h a n ts’ N a t . B k . Bdg.
FR AN K ELLIS.
F. H. BALLMANN
Irw in , Ellis & Ballm ann,
SUCCESSORS TO
Morehead, Irwin & Co.,
Stock, Bond and Note Brokers,
NO.
51 W E S T
T H IR D
STREET,
C IN C IN N A T I, O H IO .
When Due.
C o n s o l id a t io n B o n d s-
Sc h o o l B u i l d i n g —
78, A&O, $240,000... .Apr. 1, 1893 4 s&31as, A&O, $102,500.Apr. 1,’ 93
($30,000 due y’rly) to Apr. 1,1900
(part due yearly) to Apr. 1,1913
7s, A&O, $70,000 . ..Apr. 1,1901-2
T a x R e l ie f —
F ir e D e p a r t m e n t —
4s, Feb. 28, $50,000 .Feb. 28,1893
4s, A&O, $20,000...... Apr. 1,1896
W a t e r B onds—
($5,000 due yearly) to Apr. 1,1899 7 s &3*2S, A&O,$885,OOOApr.l,1903
4s, A&O, $2,500......... Apr. 1, 1900
(part due yearly) to Apr. 1,1918
PAR VALUE OF BONDS.—The bonds are mostly for $1,000 each,
as indicated above.
;v
'
*
INTER EST—W HERE PAYABLE .—Interest is paid at City TreasSee n e x t p a g e f o r o t h e r d e b t c h a n g e s .
LOANS
1 '
N E W LO A N S.
LOAN.
O AKLAN D ,
C A L .,
Ci t y H a l l , Oa k l a n d , Ca l i f o r n i a ,
)
Of f i c e Ci t y C l e r k , June 3 ,18&2. 5
JDUBLIC NOTICE IS H E R E B Y G IV E N T H A T
sealed proposals will be received at the office o f
the Clerk o f the City Counoil, at the City H all in
Oakland, California, until the hour o f 8 o’clock P. M .
on the 11th day o f July, 1892, (at which time they
will be opened) fo r the purchase o f the whole or any
part o f the following loan, nam ely: $100,000 five per
cent City o f Oakland, California, School Building
Bonds, authorized by the laws o f the State o f Cali
fornia.
Twenty bonds o f $1,000 each, numbered 1 to 20 one
o f which, beginning with No. 1, to be paid each year
D U E 1902.
for 20 years.
Twenty bonds o f $750 each, numbered 21 to 40 one
o f which, beginning with No. 21, to be paid each year
fo r 20 years.
f
P R I C E 104 1 -4 A N D I N T E R E S T .
Twenty bonds o f $500 each, numbered 41 to 60, one
o f which, beginning with No. 41, to be paid each year
for 20 years.
Sixty bonds o f $1,000 each, numbered 61 to 120
three o f which, beginning with No. 61, to be paid each
year fo r 20 years.
FOR SA L E B Y
Twenty bonds o f $750 each, numbered 121tol40
one or which, beginning with No. 121, to be paid eacli
year fo r 20 years.
Twenty bonds o f $1,000 each, numbered 141 to 160
one o f which, beginning with No. 141, to be paid eacli
year for 20 years.
Twenty bonds o f $500 each, numbered 161 to 180
one o f which, beginning with No. 161, to be paid each
28 S T A T E S T R E E T , B O S T O N .
year for 20 years.
Twenty bonds o f $1,000 each, numbered 181 to 200
one o f which, beginning with No. 181, to be paid each
year for 20 years.
5 NASSAU ST R E E T , N E W Y O R K .
Twenty bonds o f $750 each, numbered 201 to 220
one or which, beginning with No. 201, to be paid each
year for 20 years.
Forty bonds o f $1,000 each, numbered 221 to 260.
two of which, beginning with No. 221, to be paid each
year fo r 20 years.
Twenty bonds o f $500 each, numbered 261 to 280,
one o f which, beginning with No. 261, to be paid each
year fo r 20 years.
One hundred and sixty bonds o f $1,000 each, num
Sealed bids will be received until July 1st, 1892, a1 bered 281 to 440, eight o f which, beginning with No.
their office, Peekskill, N. Y., for the following bond! 281, to be paid each year ror 20 years.
Twenty bonds o f $250 each, numbered 441 to 460
o f Village o f Peekskill: Amount $40,000. Denomi
nation $500 each. Dated July 1st, 1892. Due 3( one o f which, beginning with No. 441, to be paid each
years after date. Coupons payable July 1st and Jan year for 20 years.
Payment o f the purchase money to be made July
uary 1st o f each year at the office o f The Unlor
Trust Company, New York City. Bonds w «l be soli 15,4.892, at which time the bonds will be dated, lnteijjst payable January and July o f each year. Proat par at the lowest rate o f interest.
Board o f W ater Commissioners o f Village o f Peek- pi ads must state the price offered, the description
of-bonds desired, and be endorsed “ Proposals for
skill reserves the right to reject any and all bids.
Bonds.” A ll bids must be equal in amount to the
F. M. D A IN , Treasurer.
par Yfilufi o f th© Ponds bid fo r TJ10 right is reserved
to reject any and all bids not deemed fo r the interest
o f the city.
Each bid must be accompanied by a certified check
payable to the order o f tne Mayor o f the City o f Oak
land, fo r 2H per cent o f the amount bid, said check
BANKERS,
to he returned to bidder in case bid is not accepted.
JAMES M. B RA D Y,
Clerk o f the Council of the City o f Oakland.
C A M B R I D G E ,
4 Per Cent
D A T E D J U N E 1, 1 8 9 2 ,
NEW YORK,
2 2 & T4 B ’ w a y .
LOANS—
P u b l ic B u i l d i n g a n d D o c k -
1,1894 48, A&O, $15,000.......Apr. 1,1893
1,1893 ($5,000 due yearly) to Apr. 1,1895
1,1893
R e d e m p t io n B o n d s—
1,1894 4s, F&A, $17,000...... Feb. 1,1894
B r id g e B o n d s —
4s, F&A, 25,000...... Feb. 1, 1895
4s&3s, A&O, $5,500....Apr. 1, ’93-4 3s, F&A, 20,000...... Feb. 1,1893
C IT Y O F
O M A H A , N E B .,
S TR E E T,
•
BONDS.
5 PER C E N T
15 W A LL
WhenDue.
4s, F&A, $55,000 .....F e b .
4s&3s, F&A, $70,000..Feb.
3ias, F&A, $10,000 ...Feb.
3*28, F&A, 21,000 .. .Feb.
COUPON
BONDS.
Blake Brothers &
C o.,
8 4 0 ,0 0 0
Water Bonds of the Village of
P E E K S K I L L , N. Y.
H erm an Schaffner & Co.
C O M M E R C IA L PAPER
S. W , C o r . D e a r b o r n & M a d i s o n S ts .,
TH E i f A L L STREET JO URNAL.
C H IC A G O , I L L .
An invaluable flnaneial daily ; $5 a year. SatUDle c o o t
free. DOW, JONES & OO., Publishers, 41 B?oad SÁ
c
fVoL. LTV.
THE CHRONICLE.
1024
TO TA L DEBT, SINKING FUNDS, E T C —The subjoined statement
shows Yonkers’ s total debt, and the sinking fund held by the city
against the same, on the first day o f June 1892 and on the first of
March 1891 and 1890.
lg g 2
1890.
1891.
T otal funded d e b t......... .................... >608,500 $1,589,643 $1,292,500
63,000
80,548
110,000
Sinking funds fo r w ater bonds......
returned to us, having been filled in with the details of_ the
indebtedness of the adjoining village of Tonawanda. In the
report now given we include bonds to the amount of $20,000
which are offered for sale on June 20. See item under Bond
Proposals and Negotiations.
This village is in Niagara County.
N et debt............ ....................... $1,498,500 $1,509,095 $1,229,500
debt (inolud. in above total). $885,000
$850,000
$830,000
LO AN S—
Total debt June 2 0 ’92.. $101,000
T ax valuation 1891........3,607,801
4s. J&J, $81,000........
........
Assessment is 2 3 actual value.
The -sinking fund receives yearly an amount equal to 2 per cent of 4s, J&J, 20,000........Jan. 1,1900 Village ta x (per $1,000)..
12-76
($ 1 , 0 0 0 due yearly)to Jan. 1,1919 Population in 1890 w as....... 4,793:
the outstanding bonds.
INTEREST is payable at the Chase National Bank, N ew Y ork City.
C ITY PROPERTY. —TI1 0 city owns its w ater works, wmcn prior t#
January 1 1891 had cost it $904,173. The w ater rents fo r year
1889-90 were $ 8 0 ,3 4 0 , including $12,360 charged the city its e lf; ex
penses, $26,132; applied to interest on w ater debt, $53,125; balance
carried to sinking fund, $2,639.
Q£g-p LIMITATION.—The city’s debt is lim ited by law to 2 per
cent o f the assessed valuation of real estate.
ASSESSED VALUATION.—The city’s assessed valuation and tax
rate have been as fo llo w s :
Average
Total Assessed Rate o f Tax
Personal
Valuation, p er $1,000
Property.
Trears—~
Recti Estate.
..............
$24,732,553
$605,420
1891
$24,127,133
22,972,466
$17-3902
398,240
1890'‘ ................ 22,574,226
10,454,972
......
430,295
1880 '
10,024,677
POPULATION.—In 1890 the population was 32,033; in 1880 it was
18,892; in 1870 it was 18,357.
EXPLANATORY OF BONDS.—The redemption bonds w ere issued
fo r purchase of lands bid in by the city at sales o f property fo r non
payment o f taxes and assessments, and the bonds are to be paid by the
sale of the lands thus acquired.
New York—North Tonawanda.—(S t a t e
C it y Su p p l e
and
page 52.) W e give below a report of the indebtedness
of North Tonawanda, which has been sent us this week by
V illage Clerk T. E. W arner. In the statement made in our
recent S u p p l e m e n t we were led into an error by the fact that
one of our blank forms plainly headed North Tonawanda was
m ent,
New York—Tonawanda.—(S t a t e
Gaylord, Blessing & Co.,
S H O W IN G
ST. L O U IS .
HIGH
GRADE
MUNICIPAL
BONDS
Ed w a r d s W h it a k e r .
When Due.
Texas— Runnels County.— W e have recently received the
following statistics from County Treasurer W . A . Rives. N o
report from this county appeared in our recent S u p p l e m e n t .
County seat is Ballinger.
Floating debt June 1 ’ 91.
$2,000
Total debt June 11892.
80,880
T ax valuation, re a l.___ 2,500,000T ax valuation, personal. 1,904,920
Total valuation 1891___ 4,404,920
Co u r t H o u se B o n d s—
State tax (per $1,000)..
$4-00
6 s ,........, $35,500........................ .
County tax (per $1,000).
$7-50
J a i l B o nds—
A verage school ta x ........
$2-00
Bonded debt June 11892..$78,880 Population 1890 w as............. 3,193
INTEREST on the bridge bonds due in 1910 is payable at the St.
Louis National Bank; on the court house bonds, in Austin, Tex.
LOANS—
When Due.
B r id g e B o n d s —
6s, A&O, $14,380----Apr. 10, 1910
.............. $20,000...........................
LIS T
BONDS
M a ile d upon ap p lic atio n .
BOND AND STO CK BR O K ER S,
Geo. M . Huston & Co.
B O ND AND
STOCK
M IN N EA P O LIS.
Minneapolis Trust C o .,
M IN N E A P O L IS , M IN N E S O T A .
C A P IT A L , $500,000.
R e a l E sta te L o a n s .
C H IC A G O ,
NEW YORK,
115 D e a r b o r n Street.
3 W a l l Street.
Lam precht Bros. & C o..
DEALERS.
W e buy and sell outright all Western
Municipal Bonds ana Stocks. W e
ehee fully furnish full and reliable in- formation concerning any W estern se
curity without charge. Monthly quo
tation circular mailed to all applicants.
New issues o f municipal bonds wanted.
305 P I N E S T R E E T , S T . L O U I S , M O,
S a fe ty D ep osit V a u lts
A cts a s E xe c u to r, T ru s te e an d G u a r d ia n .
DEPOSITORY FOR W IL L S .
P . O . B O X 1 ,0 0 0 .
C a b le A d d re s s “ T r u s t ” M in n e a p o lis.
RANKERS,
MUNICIPAL
BONDS.
C l e v e l a n d , O h i o , P e r r y - P a y n e B ’l d ’ g
B o s t o n , M a s s . , 53 S ta te S t r e e t ,
N e w Y o r k , 11 W a l l S t r e e t .
W.
J.
BANKERS,
Dealers in MUNICIPAL BONDS.
Street Railway Bonds and other high grade in
vestments.
1 4 3 S u p e rio r S t „ d
1() W A L L S T R E E T
7 E x c h a n g e P la c e .
H . W ood & C o .,
INTEST MENT BANKERS,
G u a r a n te e L o a n B u ild in g ,
M IM E A P O L IS ,
H IG H
grade
:
M U N IC IP A L B O N D S ,
CORRESPONDENCE SO LICITED.
Jo s. C . Platt, C . E .,
C O NSULTING E N G IN E E R
M INK.,
Dealers in the highest class o f Minneapolis Securi
ties, Bank Stocks, Mortgages and Bonds.
$ 3 ,0 0 0 ,0 0 0
7 0 0 ,0 0 0
A regular Banking Business Transacted. Accounts
o f Banks and Bankers, Mercantile and ManufacturingFirms or Corporations, received on favorable terms.
Foreign Exchange Bought and Sold. Commercial
and Travelers’ Credits, available in all parts o f the
globe, Issued. Telegraphio Transfers made with all
irlncipal European and Domestic Points. United
Itates and other first-class Investment Bonds dealt in.
CORRESPONDENCE SOLICITED.
J. B. B r e e s e , Member N e w Y ork Stock Exchange
D. M. Cu m m in g s , Member Chicago Stock Exchange
Breese & Cum m ings,
BANK ER S AND BROKERS,
111 A N D 1 1 3 M O N R O E S T R E E T ,
CHICAGO
Securities listed in New York, Boston or Chicago
carried on conservative margins.
A . O. SLA U G H TER , Member N. Y . Stock Exchange
WM. V . B AK E R , Member Chicago Stock Exchange
1 1 1 -1 1 3 L A S A L L E S T R E E T ,
C H IC A G O , IL L S .
C h icago S e cu ritie s B o u g h t a n d So ld ,
NSW YORK.
Boston.
Cable Address, “ K E N N E T H .”
E , H . Rollins & Sons
i
P a id -u p C apital.
Su rp lu s,
-
& C o .,
Hayes & Sons A . O. Slaughter
RANKERS,
g
. .
DIRECTORS.
N ettin g the I n v e s to r from 4 p e r cent to 6
Samuel H ill, President; Thomas Lowry, First Vlcep er cent. W r i t e fo r C ir c u la r .
resident; H. F. Brown, Second Vice-President
aniel Bassett, Third Vice-President; Clarkson
Lindlsy, Secretary and Treasurer; Isaac Atwater,
Jas. J. Hill. R. B. Langdon, A . F. Kelley, W . G
Northrup, Wm-. H. Dunwoody, C. G. Goodrich, Chas
36 W A L L S T R E E T
CONCORD,
A. Pillsbury, A . H. Linton, P. B. Winston,
N ew Y ork .
N. H .
E
C H IC A G O .
C H O IC E L I N E
W hitaker & H odgm an. F A R S O N , L E A C H & CO.,
ST. L O U IS .
C H IC A G O .
Union N ational Bank,
Ch a r l e s H o d g m a i >
300 N o r t h F o u r t h S tree t,
ent*
T ax valuation 1891.$ 3,500,000
Assessment is 23 actual value.
4s, J&J, $126,000........Jan., 1912 V illage ta x (per $1,000)...... $10-70
Population 1890 w a s............ 7,145
W a t e r B onds—
4*28, J&J, $150,000...Jan. 1,1912 Population 1880 was......... 3,864
7,631
T otal debt June 4 1892.. $276,000 Local census 1891...........
INTEREST is payable at the Seaboard Bank, N ew York City.
LOANS—
IN V ESTM EN T
A S P E C IA LT Y .
Su p p l e m
Se w e r B o n d s—
BANKERS AND BROKERS,
W ESTERN SECURITIES A N D
C it y
Treasurer.
This village is in Erie County.
N EW
JNO. H . BLESSING,
and
page 54.)— The following report of the financial condition of
Tonawanda has been received this week from Lew is Gruen,
M ISCELLA N EO U S.
ST. LOUIS.
8 a m ’ l A. G a y l o r d ,
When Due.
Se w e r B o n d s —
W a te r
W A T E R F O R D , N. V .
E x a m in a tio n s , and. R e p o rts f o r In vestors.
H enry C .
H ackney,
1 1 5 D E A R B O R N S T ., C H I C A G O .
Bonds, Mortgages and Invest
ment Securities.
A limited amount o f centrally looated (C h ic a g o
O ffice B u ild in g ) S to c k s , paying 8 and 10 per
cent fo r sale. Dividends quarterly.
Cahn & Straus,
BANKERS,
138 L A
S A L L E S T ., C H I C A G O .
A G e n e r a l B a n k in g B u sin e s s T ra n sac te d .
FIR ST M ORTGAGE LO ANS ON IM PRO V ED C ITY
R E A L E S TA TE FOR SALE.. ;
Members o f the Chicago Stock Exchange. 7' ;
■ ix
TME CHRONICLE.
P A C IFIC C O A S T .
C H IC A G O .
& SH AW .
National Bank F I S H E R
T itle Guarantee & Trust Merchants
O F S E A T T L E , W A S H IN G T O N .
Baltimore, Maryland,
U N ITE D STATES D EPO SITA RY.
Company
Angus Mackintosh, Pres. I Abram Barker, Vice-Pres.
D EALERS IN I
OF
CHICAGO,
9 » , 9 4 & » 6 W A S H IN G T O N S T R E E T .
C a v it a i, p a id -u p ................ ........ $ 1 ,6 0 0 ,0 0 0
U n d iv id e d e a rn in g s . In cludin g
■ n rp lu s .............. ....... ................
8it0»000
D ep osited w ith S ta te A u d ito r. .
2 0 0 .0 0 0
Wm. T. Wickware, Cashier.
C a p it a l. $ 2 0 0 ,0 0 0 I S u rp lu s , etc., $ 4 0 ,0 0 0
In te re s t-b e a rin g C ertificates o f D ep o sit.
Superior Collection Facilities.
_
° v
Correspondence Solicited.
Merchants N a t’l
G UA RA N TEES TITLES TO R E A L ESTATE.
O ile rs In v esto rs in r e a l estate securities
p rotection a ffo rd e d b y no oth e r system of
doin g business.
Is authorised by law to act as Registrar of Stocks
nd Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.
DIRECTORS:
Chas. W . Drew,
Jwym-----------John P. Wilson,
W . D. Karfoot,
Edson Keith,
George C. Walker,
Geo. M. Bogue.
John G. Shortall,
A. H. Sellers.
John DeKoven,
Samuel B. Chase,
COUNSEL:
John P. Wilson,
A. M. Pence,
W . C. Goudy,
A. W . Green.
Illinois Trust & Savings
Bank.
CH ICAGO, IL L .
C A P I T A L A N D S U R P L U S , - $ 3 .2 3 0 ,0 0 0
IN T E R E S T A L L O W E D O N D E PO SITS .
This Bank is directly under the jurisdiction and
supervision of the State of Illinois, is a L E G A L
DEPOSITORY for Court Moneys, and is authorized
to act as TRUSTEE. EXECUTOR, RECEIVER and
ASSIGNEE for ESTATES, IN D IV ID U A LS and
CORPORATIONS.
OFFICERS:
John J. Mitchell, President.
John B. Drake, Vice-President.
Wm. H. Mitchell, Second Vice-President,
Wm. H. Reid, Third Vice-President.
James 8 Gibbs. Cash’r. B. M.. Chattell, Ass’t Cash’r
DIRECTORS:
John McCaffery,
John B. Drake,
L. Z. Letter,
Wm. H. Reid,
Wm. H. Mitchell,
John J. Mitchell,
Wte! G. Hibbard,
J. C. McMullin,
D. B. Shipman,
J. Ogden Armour,
Frederick T. Haskell.
T h e Jen n in gs T ru st Co.
1 8 5 D E A R B O R N S T ., C H I C A G O .
CAPITAL, PAID UP, - -
$500,000
S U R P L U S ,..................
$40,000
NEGOTIATES GROUND RENTS In the City of
Chicago. Takes entire charge of estates. Acts as
agent for the registration and transfer of bonds and
stocks and the payment of coupons, interest and
dividends. Authorised by law to receive and execute
trusts of every character from courts, corporations
aad Individuals. A legal depository for court and
trust funds.
INTEREST A L L O W E D ON DEPOSITS of money,
which may be made at any time and withdrawn after
________
J. XL W A L SH , President.
CHAS. H. H U LBU R D, Vice-President.
F R A N K L IN H A T H B W A Y , Secretary.
SAM UEL D. W A R D , Treasurer.
L Y M A N A. W A LTO N , Cashier.
Fred. G. Frank & Bro.
LOCAL SECURITIES A SPECIALTY.
• • WASHINGTON STREET, CHICAGO.
Q*RW8fi&4«BMInvited.
CASH
ORDERS
EXECUTED
ON
THE
I N V E S T M E N T S 6%
F IR S T MORTGAGE GOLD BONDS,
A m o un ts $ 5 0 0 to $ 1 0 ,0 0 0 .
Com m ercial Bank,
GOLD DEBENTURE BONDS,
TACOMA, WASHINGTON.
5, 7 a n d 10 Y e a rs ,
P A I D - U P C A P I T A L $ 2 0 0 ,0 0 0 .
Six Per Cent Coupon Certificate«)! Deposit, running
One or Two years, Interest and Principal rayt^te at
the Merchants’ Exchange Nat. Bank, New Y ork City.
This Certificate has a coupon attached, which can
be cut off when due, and presented, to any Bank for
payment, the same as a New York Draft. A most
convenient mode o f investing your surplus money.
W rite for a copy o f the Certificate.
A. B r i d g m a n , Cash. G r a t t a n H. W h e e l e r . P res
A T L A N T IC TRUST CO., N E W YORK, TRUSTEE
SAN FRANCISCO.
150 B R O A D W A Y , N E W Y O R K .
A m o u n ts $ 1 0 0 to $ 1 ,0 0 0 .
A F EW CHOICE
7 PER CENT FIR S T MORTGAGES.
W rite fo r Description.
Lombard Investment Co.
THE
T h e First N ational Bank Lew is
OF SAN FBAN€ISCO, CAL.
U N ITED STATES DEPOSITARY.
C A P IT A L ,
$ 1 ,5 0 0 ,0 0 0
SURPLUS,
$ 7 5 0 ,0 0 0
S. G. MURPHY, President. B. D. MORGAN, Cashier
J « w m M o ffit t , V.-Pres. G. W . Kuora, Asst. Cash
G E N E R A L B A N K I N G B U S IN E S S .
A C C O U N T S S O L IC IT E D .
A
Investment C o .,
D B S M O IN E S , I O W A .
CAPITAL PAID UP,
-
"
#160,000.
Ohoice Investm ents In the most C o n s e rv a
tive F ie ld in the W e s t . '
-> y
»C D
f t C k | T Guaranteed First Mortgages on improved lands
n Iowa and Eastern Nebraska. Safe and Desirable.
A iy
A P y T DebentureBonds,secured by deposit o f First
Mortgage Loans with gn Eastern trustee. F i f t e e n
01A f t II UtH I
Substantial Investment* OlA I til Ufcrl I
8 P E R CENT D IV ID E N D
Y e a r s ’ Su c c e s s f u l e x p e r i e n c e . Se n d f o r p a m
phlet.
AND S U R P L U S EACH TEAR.
W. A. HOTCHKISS,
GEO. H. LE W IS ,
A ct’g Secretary.
President.
G . R . Voss,
The Columbia Nat’l Bank
Com m ercial Paper,
TA C O M A ,
Bonds, Stocks and Investment Securities.
W A S H IN G T O N ,
608 FIRST N A T IO N A L B A N K BU ILD ING ,
o rga n iz ed w it h a s m a ll cap ital, In
o rd er to R an dle th e profitable business
presented, w i l l increase Its capital to
$500,000, a n d offers a p o rtio n o f the
Increase to in vestors at 102 p er share,
Book, valu e. T h e 2 p e r cent p rem iu m
w U l b e p la e e d to p rofit aeeount, awd
ca rrie d to s u rp lu s In J u ly next. T h e
B a n k confines Its operations strictly to
com m ercial business.
T h e average earn in gs o f the N atio n al
B a n k s In the State o f W a s h in g to n fo r
th e past five years w e r e 18 per cent, as
s h o w n by the report o f theJComptroller
o f the Currency fo r 1891.
F u n d s m ay be sent d lrectto the B a n k ,
a n d stock certificates w i l l he fo r w a r d
ed at once. F o r statem ents, list o
stock holders, a n d tu rth er p articu lars
address
H E N R Y O L IV E R ,
P resid en t.
TRUST FUNDS- A N D TRUST INVESTMENTS
Company.
Issues o f Corporations Possessing
Strong Municipal Franchises.
Q %
^ColiLBC&IONS M AD E on all accessible points.
five days’ notice, or at a fixed «late.
■re kept separate and apart from the assets of the
BONDS
A N D IN T H E
B A L T IM O R E ST O C K E X C H A N G E
C O R R E S P O N D E N C E S O L IC IT E D .
OFFICERS:
G W Y N N GARNETT, President.
A. H. SELLERS, Vice-President.
A R C H IB ALD A. STEW ART, Secretary.
CHAS. R. LAR RA BE B, Treasurer.
Bank,
PO R T LA N D , OREGON.
P a id U n o lt a l..... ..........................$ 1 ,0 0 0 ,0 0 0
. LOEWHNBERG, Pres. JA8. STEEL, Vloe-Pres.
I. A. itAOBUM. Cashier.
SELLS SIGHT B X C H A ^G E
A N D TBLBGRAPHIC TRANSFERS, and IS S U M LOTTIBRS
M U N IC IP A L
W M . F R A N K LIN
BO O K S
HALL,
ACCOUNTANT A U D IT E D
New form» designed for hooks of account.
Settlement of Insolvent Estate*.
418 Exchange Building, 68 State Street Boston.
George Eustis & C o .,
BANKERS
AND
BROKERS,
CINCINNATI. OHIO.
Omaha, Nebraska.
FOR
Reliable Colorado Securities
or Investments
P le a s e w r it e
o r a p p ly to
T h e G urley Investment
Com pany,
D E N V E R , COLO.
C apital a n d S u rp lu s,
-
$500,000
ESTABLISH E D 17 YEARS.___________
CITY AND C O U N T Y
BONDS.
B O U G H T AND SOLD.
N . W . H A R R I S & C O .,
1 5 W a l l S tre e t. N E W Y O R K .
BOSTON
C H IC A G O »
SOUTHERN
California
Securities "
OF T H E HIGHEST CHARACTER.
^
7 P e r C en t D e b e n tu re B o n d s.
8 P e r C en t G u a r a n t e e d M o rt g a g e e ,
W. R. T. Johnston,
«0 BROADWAY, NEW Y O U
*
THE CHRONICLE.
M
[▼OL. LIT*
Q x n s t G bam pm U B .
Union T ru st Com pany
OV N E W Y O R K ,
8ft, Broadway, New York.
O A V IT A l«
-
-
-
-
-
$ 1 ,0 0 0 ,0 0 0
lO B riV S . . .
-$ 4 ,0 0 0 ,5 1 8 0 2
Authorised to act m Executor. Administrator.
Onardlan.ItecaiTer or Trustee, and is
A L E G A L DEPOSITOR^ FOR MONEY.
Acts aa Trustee of mortgages of corporations, and
accept* the transfer agency and registry of stooks.
Allows interest on deposits, which may be made at
any time, and withdrawn on fire days’ notioe, with
nterest for the whole time they remain with the
company.
For the convenience of depositors this company
also opens current aooonnts subject, in accordance
d t h It* rules, to cheek at sight, and allows interest
upon the resulting daily balanoes. Suoh checks pass
through the Clearing House.
___ ____
Attends specially to the M AN AG EM E NT OF
R I A L ESTATE and to the collection and remitanoe ofrents.
it makes ample provision in its
N E W BUR GLAR A N D FIRE PROOF V A U LT S
for the safe keeping of securities plaoed in its cus
tody, on whioh it collects and remits inoome.
TRUSTEES.
H. Van Rennsl’r Kennedy
Wm. Whltewright,
James H. Ogilvle,
Henry A. Kent,
James T. Woodward,
R. T. Wilson,
George A. Jarvis,
Wm. F. Russell,
C. D. Wood.
C. Vanderbilt,
James N. Platt.
A. A . Low,
O. Hays,
^ .G . Williams
■t. Alex. Doer,
« . v>. Remsen,
arles H. Leiand,
Edward Sohell,
ward King,
Amasa J. Parker,
H. B. Wesley.
Samuel F. Barger
P. H. McAlple,
Geo. C. Magoun,
W. Emlen Roosevelt'
George S. Oar »art,
Chauncy M. Depew.
B X B O rm V E COMMITTEE,
m. Whltewright,
G. G. Williams,
Ward Schell
B. B. Wesley,
iql O. Magonn,
0. D. Wood.
0. Hays.
James T. Woodward.
E D W AR D KING,President.
t
AUGUSTUS W . K ELLEY, Secretary.
J, V. B. T H A YER , Assistant Secretary.
Knickerbocker Trust
Com pany,
9 8 4 F I F T H A T E ., C O R . 2 7 T H S T R E E T .
Branch offioe, 18 W all St. and 8 Nassau St.
O A P I T A L A N D S U R P L U S , - $ 1 ,0 0 0 ,0 0 0
DESIGNATED L E G A L DEPOSITORY.
Aots as Executor or Administrator of Estates and
M Guardian, Receiver, Registrar, Transfer and
Financial Agent fer States, Cities, Towns, Railroads
and other corporations.
Jo h n P. TOWNSEND, President.
CHARLES T. BARNEY, Vice-President.
JOSEPH T. BROWN, Sid Vice-President.
D IR E C T O R S !
John S. Tllney,
eph 8. Auerbach,
B.
V. Loew,
* B. Hollins,
HenryF. Dlmook
l*oob Hays.
John P. Townsend'
»arles T. Barney,
Charles F. Watson.
L Foster Higgins,
David H. King, Jr,
Vobert G. Remsen,
Frederick G. Bourne
Jtenry W . T. Mali,
Robert Maclay
Andrew H. Sands,
C. Lawrence Perkins.
.James H. Breslln,
Edward Wood,
Gen. George J. Magee,
Wm. H. Beadleston.
L Townsend Burden.
Alfred L. White.
FRHD’K L, ELPRIDGK. Secretary.
________ J. H E N R Y TOWNSEND, Ageist. Secretary.
The Nassau T ru st C o.
101 B r o a d w a y , B r o o k ly n , N . Y .
C A P I T A L . .. . . ............ ............ $500*00©
Deposit* received subject to check at sight, and
In terest a llo w e d on the resulting daily balanoes.
Certificates of deposits issued for time deposits,
ou which sp ecial ra t e s will be allowed.
In te re s t commences fro m d a te o f deposit.
Authorised by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee, Receiver,
n ise i and Transfer Agent and as Registrar of
Stocks and Bonds; Is a le g a l dep o sito ry f e r
V r a o t F e n d s and for moneys paid into oourt.
Loans made on approved collaterals.
Checks on this Company are payable through the
New York Clearing House.
A . D. WHBELOOK, President.
JOHNTRUSLOY?, } Vice-Prest’s.
F. RICHARDSON. Secretary.
TRUSTEES !
Bernard Peters, John Loughran.
Wm. B. Horwill, Edward TTHulst,
Darwin R. James, J. B. Voorhees, Jno.McLaughlln,
A . D. Wheelook, A. M. Suydam,
& B. Tuttle,
Wm. F. Garrison, Wm.B. Wheelook
John Truslow,
jMtmas Jewell, jno. T. Willetts, O. F. Richardson,
F. W . Wurster, Chas. H. Russell, iHenry Seibert.
St. Louis T ru st C o .,
C O R N E R 4th A N D L O C U S T S T R E E T S
S t L o u is , l o ,
O s p it a i a n d S u rp lu s , $ 3 ,0 0 0 ,0 0 0
D IR E C T O R S t
Alvah Mansur,
lehn T. Davis,
Edward
lei OstMn.
ÍS! . Bowse,
Juo. A. Scudder,
_ J l W . Fordyce,
Edward C. Simmons,
Ldolphus Busch,
Edwin O. Stañard,
; C. Haarstick,
J. C. Tan Blarcom,
Thos. H. West,
cLurc
Edwards Whitaker.
THOS. H . WEST, President,'*
JOHN D. FILLEY, Secretary.
A . C. S T E W A R T , Counsel.
AUojrs In terest en Deposite. Executes Trusts o f
tutrer enfi Transfer
ShVlr*
O LD CO LO N Y
United States T ru st C o,
OF NEW YORK,
T R U ST CO M PANY.
45 and 47 Wall Street.
BOSTON, HASS.
C a p it a l
S u r p lu s ,
-
-
-
-
$ 1 ,0 0 0 ,0 0 0 0 0
6 0 0 ,0 0 0 00
T ra n s a c ts a G e n e r a l B a n k in g Bu sin ess.
ALLOWS INTEREST ON DAILY BALANCES SUBJECT
TO CHUCK.
TRUSTEE UNDER MORTGAGES. TRANSFER AGEN3
REGISTRAR.
BOARD OF DIRECTORS.
C A P I T A L A N D S U R P L U S , - $ 0 ,7 5 0 ,0 0 0
This company is a legal depository for money
paid into oourt, and is authorised to act as guardla
or trustee.
INTEREST A L L O W E D ON DBP08IT8,
which may be made at any time and withdrawn after
five days’ notice, and will be entitled to Interesting
the whole time they may remain with the oompaay.
Executors, administrators or trustees of estates,
and w o m e n unaccustomed to the transaction n
business, as well as religious and benevolent InsMtitlons, will find this company a convenient depository
for money.
JOHN A. STEW ART, President.
GEORGE BLISS, Vloe-President.
JAMES S. CLARK. Second Vise-Prost.
H E N R Y L. THORN SliL, Secretary.
LOUIS G. HAM PTON, Assistant Secretary.
T. Jefferson Coolldge, Jr.^Presidmt.
Frederick L. Ames,
John F. Anderson,
John L. Bremer.
Martin Brimmer
T. Jefferson Coolidge,
George F. Fabyan,
George P. Gardner
Francis L. Hlgginson,
TRUSTEES:
Henry 8. Howe,
Walter Honneweil,
Wilson G. Hunt, ’Jno. H. Rhoades, Wm.Rockefeller,
William P. Mason
George Yon L. Meyer
Daniel D. Lord, Anson P. Stokes; Alex. B. Orr,
Laurence Minot,
Richard Gluey*
Samuel Sloan,
George Bliss,
Wm.H. Maoj.JrHenry R. Reed,
Lueius M. Sargent,
James Low,
Wm. Llhbey,
Wm.D.Sloane
Nathaniel Thayer
John I. Waterbury,
Wm. W . Phelps, Jehn C. Brown, G. H. Schwab,
Stephen M. Weld,
Henry 0. Weston.
D. Willis James, Edward Cooper, Frank L
John A. Stewart, W . B ’y’d Cutting. |
“
T. JEFFERSON COOLIDGE, JR., President.
Hrastus Coming, Chas. S. Smith,
GEO. P. GARDNER, Vice-President.
0. 8. TUCKBRMAN, Viee-Pres. and Treasurer.
E. A. PH IPPE N , Secretary.
M anhattan
N ew Y o rk Guaranty &
Indem nity C o .,
59 C E D A R S T R E E T , N E W
YORK,
M u tu a l L ife B u ild in g .
C A P IT A L ,
$3,000,000
SURPLU S, $500,000
TRANSACTS A G EN ER AL B A N K IN G A N D
TRUST COMPANY BUSINESS. A N D SOLICITS
T H E ACCOUNTS OF CORPORATIONS. FIRMS
A N D IN DIVIDU ALS.
INTEREST AL L O W E D ON DEPOSITS.
E D W I N P A C K A R D . P re sid e n t.
A D R I A N I S E L I N , J r ., V ice -P re sid e n t.
G E O , R . T U R N B U L L , 2d V ic e -P re sid e n t.
H E N R Y a . M U R R A Y , T r e e s , a n d nee.
J . N E L S O N B O R L A N D , A s sis t. S e c r e ta ry
DIRECTORS.
Samuel D. Baboook,
James N. Jarvle.
Frederic Cromwell,
Augustus D. Juilllard,
Josiah M. Fiske,
Richard A. McCurdy,
Whiter R. Gillette,
Alexander E. Orr,
Robert Goelet,
Edwin Packard,
George Griswold Haven, Henry H. Rogers,
Oliver Harriman,
Henry W . Smith,
R, Somers Hayes,
H. MoK. Twombly,
Charles R. Henderson, - Frederick W . Vanderbilt,
Adrian lselin, Jr.,
William 0. Whitney,
J. Hood Wright.
EXECUTIVE COMMITTEE.
Samuel D. Babcock,
Richard A. MoOurdy
Frederic Cromwell,
Edwin Packard.
George Griswold Haven, H. MeK. Twombly,
Augustus D. Juilliard,
Henry H . Rogers,
Adrian lselin, Jr.
Mississippi V alley Trust
Com pany,
808 N o rth 4th Street,
ST. LOUIS, MISSOURI.
C a p it a l....... .......................... ......$ 1 ,5 0 0 ,0 0 0
U N DER STATE SUPERVISION.
$ 2 0 0 ,0 0 0 deposited w it h S ta te O fficer te
protect tra a t lia b ilit ie s .!
T ru st
Co.
Corner o f W all and Nassau Sts., N. Y.
C A P IT A L , . .
$ 1 ,0 0 0 ,0 9 0
DIRECTORS
F. O. French, N. Y.
R. J. Cross, N. Y.
H. L. Hlgginson, Boston.
August Belmont, N. Y.
B. D. Randolph, if. Y.
H. O. Northoote. N. Y.
a C. Baldwin. N. Y
Ohas. F. Tag, N. Y
John Kean, Jr., N
H. W . Cannon, N. Y.;
JohnR. FordTw. Y.
T. J. Coolidge,Jr., Bos.
James O. Sheldon, N. Y.
A. S. Rosenbaum, N. Y.
John N. A Griswold, E Y.
Sam’l R. ShipleyJ?hila. .
R. T. Wilson, N. Y.
J. I. Waterbury, N. Y
F. O. French, President.
J. I. Waterbury, V.-Pres
A. T. French, Secretary and Treasurer.' *
ALLO W S INTEREST ON DEPOSITS. E X E
CUTES TRUSTS OF EV ER Y DESCRIPTION.
REGISTRAR A N D TRANSFER AG EN T
Union Loan & Trust C o,
SIOUX C IT Y , IOW A.
INCORPORATED 1886.
C A P I T A L , P a id U p in C a s h ....$ 1 ,0 0 0 ,0 0 0
S U R P L U S ................................... .
1 7 5 ,0 0 0
DEALERS IN HIGH-GRADE COM
M ERCIAL PA PE R ,
A su pp ly of w h ic h it a lw a y s h a s on h an d fo r
s a le a t C u rre n t R a te s .
M U N IC IP A L , C O R P O R A T IO N A N D
SCHOOL BONDS.
N o S tr o n g e r L e a n and T r u s t C om p any In
th e W e s t, C orrespondence Solicited.
G E O . L . J O Y , P re s.
A . S, G A R R E T S O N , V ic e -P ro s .
E . R . S M I T H , Seo’ y.
P ro m p t A tten tio n G iv e n to C ollections.
Investments in the South.
Exchange Banking &
Trust Com pany,
CHARLESTON 8. C.,
T ra n s a c ts a G e n e r a l B a n k in g a n d T r u s t
A G EN ER AL TRUST COM PANY BUSINESS.
B u sin ess. S a v in g s D e p a rtm e n t. In te re s t
Allows Interest on Deposits.
A llo w e d on D ep osits.
Authorised to act as Executor, Guardian, Receiver,
Investments made (at usual rates of commission)
Trustee, Ac. Manages Estates. Collects Rents.
n safe and reliable Interest-paying Southern secur
Becomes Surety on all kinds of Court Bonds.
Has Safety Deposit Vaults; a Savings Department. ities, and 1st mortgage loans on Improved city and
town real estate. Correspondence sollcted aa to all
INVESTM ENT SECURITIES A SPECIALTY.
Southern! nvestments. Being within easy reach
of all parts of the South thorough and careful inves
DIRECTORS:
tigation can be made of intended investments or
Charles Clark,
L. G. McNair,
Chas. H. Bailey;
Thos. T. Turner, John D. Perry, F. W . Paramore, purchases.
Wm. F. Nolker,
John Scullin,
Geo. H. Goddard,
¡O F F I C E R S .
T. O’Reilly, M. D., B.F. Hammett, James Campbell,
GEO. B. EDWARDS, President.
Sam’l M. Keanard, S. E. Hoffman, August Genner,
P.
N.
PICKENS,
Cashier. “
Aug. B. Ewing,
D. W . Oaruth, Julias 8. Walsh,
R. E. MUCKBNFUSS, Secretary and Treasurer.
S. R. Francis.
B .F . Hobart. Williamson Bacon,
J. L A M B PERRY, Solicitor.
OFFICERS:
SMYTHE A LEE, General Counsel.
Ju l iu s S. W a l s h , President.
Jo h n D. P e r r y , 1st Vtoe-President.
D IR E C T O R S .
Jo h n Sc u l l in , 2d Vice-President.
Breckinrid g e Jones. Secretary. A. S. J. P krhjy, of Johnston, Crews A Co., wholesale
dry goods.
W il l ia m M. B i r d , of Wm. M. Bird A Co., wholesale
paints and oils.
Ja m e s A l l a n , of James Allan a Co., jewelers.J. H. F. K o e n ig , with Knoop, Freriohs A Co., ootton
exporters.
87 a n d 39 W a l l Street. N e w Y o rk *
Gao. B. E d w a r d s , Pres. Electric Light A Power Co
P a id -U p C a p it a l ................. .....$ 1 ,0 0 0 ,0 0 0
S u r p lu s .........................................
8 0 0 ,0 0 0
Designated as a legal depository by order of
Supreme Court. Receive deposits of money on in
terest, act as fiscal or transfer agent, or trustee for Seeresy Device Perfect: Copious Blanks: Handy 8i*e
corporations, and aoceptand execute any legal trusts
($ 1 .5 0 each.) ($ 3 .0 0 p a ir .) ($ 1 5 .0 0 d e s .)
from persons or corporations, ad as favorable terms
G IT IT PROM
__ _______
as other similar companies.
PUBLISHERS,
C. BU R M A,
B U R N ifi 4c CO .,
or
" T t h Floer,
Metropolitan Trust Co.
T H O R O U G H CIPHER COD E.
24 CltatOR P|.
33 Wall St.
TH E CH RO N ICLE.
J une 11, 1869.
^ ín m
f& is tz V ix m o u B .
t c íu l.
% u s n x & u tt.
READY JULY 14.
T h e Security M ortgage &
T ru st Com pany
O F F IC E O F T H E
JU LY
E D IT IO N .
H A N D -B O O K
OF DALLAS' TEXA8.
C a p it a l P a i d l a .....................
xî
A s se ts D e e . 3 1 .1 8 9 1 . o v e r 8 2 . 0 9 9 . 9 1 1 6 8
OFFICERS.
3. 9. TRHZHVANT. President.
J. T. D AR G A N, 1st Vice-President.
J. C. O’CONNOR, 2d Vioe-President.
O U T SUMPTBR, 8d Vice-President
W . W . RODGHRSf Secretary.
H. M. REARDON, Treasurer.
BARROW , W A D E , G UTH R IE A CO., Of New York,
Anditors.
DIRECTORS.
3 . 0. O’Co n n o r , President City National Bank.
3. T. T i u z s y a n t , Associate Manager S. W . Dep’t
Fire Association of Philadelphia.
J. T. DARGAN, Vioe-President.
b a m P. Cochran , Associate Manager S. W . Dep’t
American Fire Ins. Co. of Philadelphia.
T. L. M a r s a l i s , President Dallas Land A Loan Co.
Gu t Su m p t b r , Capitalist, (Late Ass’t-Treasurer
Texas A Pacific Railway Company.)]
A l b a . Sa n g b r . of Sanger Bros., Wholesale and
Retail Dry Goods.
T. 8. M i l l e r , of Leake, Shepard A Miller, Attor
neys at Law.
D. B. G r b b r , Attorney.
Advisory Committee o f Stockholders!
Philadelphia.
I. J. W ISTAR , Chairman.
George W . Blabon,
George F. Trier,
3. N. Hutchinson,
George De B. Keim,
George M. Troutman,
John J. Zelgler.
A TLA N TIC
Railroad Securities.
Commercial A F in a n c ia l Ch ronicle .).
C O N T E N T S .
D e s c rip t io n o f R R . S to c k s a n d
B o n d s a n d a St a t e m e n t o f t h e I n c o m e
fo r four years past, as w e ll as the annual
charges against income.
H ig h e s t a n d L o w e s t P r ic e s m o n th ly
o f R a i l r o a d B o n d s a n d St o c k s i n N e w
Y o r k , B o s t o n , P h il a d e l p h i a a n d B a l t i
m o r e for the years 1891, and to July in 1892.
A
T e n -Y e a r R a n g e in P r ic e s o f A c tiv e
S t o c k s —Being date of highest and low est
prices made in each year from 1883 to 1891
inclusive, and to July l in 1892.
D i v i d e n d s o n R a i l r o a d S t o c k s paid dur
ing eaoh of the years 1886 to 1891 inolusive
and to July in 1892.
G r o s s a n d N e t E a r n i n g s to latest dates In'
1892, in comparison with he corresponding
periods of 1891.
To Subscribers o f the Chronicle, -
75
I t is issu e d to B a n k e r s a n d B r o k e r s w ith
th e ir b u sin e ss c a rd s le t te r e d in g ilt on the
ou tside c o v e r (n ot le s s th an 35 oopies to
one a d d re ss) a t discount ra te s, a ccord in g to
qu an tity ord e re d .
W I L L I A M B . D A N A & C O .,
1 0 3 W i l l i a m Street, N e w Y o r k .
North British
& M ercantile Ins
Bliss* Fabyan & Co.*
Co.
OF
LONDON A N D E D IN B U R G H .
N E W Y O R K , BOSTON, P H IL A D E L P H IA
Selling
BROW N
agents for L eading
Brands
and B L E A C H E D S H I R T I N G
and S H E E T IN G S ,
P R IN T S , D E N IM S , TIC K S, D U C K S , AO.
SAM. P. B L A G D E N , Manager.
WM. A . F R A N C IS , Assistant Manager!
R. H. W A S S , General Agent.
W , R. E C K E R , Assistant Gen. Agent
H, M. J A C K S O N , Secretary.
U. S. BRANCH OFFICE,
No. 54 W ILLIAM ST., N. Y.
T o w e ls , Q u ilts , W h i t e G o o d s a n d H o s ie r y .
D r ill», Sheetings, <&s„ fo r Export Trod «.
Geo. Copeland & C o .,
C O TTO N B R O K E K S ,
129 P E A R L S T R E E T , N E W Y O R K .
Cotton landed at Mills frem Southern
specialty.
SECURE BANK VAULTS.
M ortgage Loans
IN
TEXAS.
O COMMISSIONS oharged borrower or lender until
loans have proven good.
FR AN CIS S M IT H
& CO.,
8 A N A N T O N IO , T E X A S .
W IL L IA M
H E N R Y CHANDLER
W A L D R O N 8 H A P L E IG H ,
A
ESTABLISHED 1866.
S T A T IO N IE R A N D P R I N T E R .
Supplies Banks, Bankers, Stock Brokers and Cor
porations with complete outfits of Account Books
and Stationary.
n r New conoerns organising will have thel>
orders promptly executed.
No. 1 W IL L IA M S T R E E T ,:
ftHANOVBR SQUARE,)
Total M arine Prem ium s....... 96,206,865 84
Premiums m arked off from 1st
January, 1891, to 81st D e
cember, 1891.......................... $8,784,728 88
Losses paid during the same
Period......................... ....... 81,886,325 11
Returns of Prsm iums and Expenses.$784,790 87
The Company has the follow in g »sente, vls.c
United States and State o f N ew
Y ork Stock, Olty, B an k and
other Stocks............................ 87,587,188 68
Loans scoured b y Stocks and
otherw ise...........................
2,008,100 68
R eal Estate and Claims due the
Company, estimated a t.. . . . . . .
1,089,400 80
Prem ium Notes and B ills R e
1,426,080 08
ceivable.............
Cask In B a n k .............................
193,885 88
Am ount................................$12,278,582 17
S IX P E R C E N T IN T E R E S T on the outstand
ing certificates of profits w ill b e paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of F ebru ary next.
T H E O U T S T A N D IN G C E R T IF IC A T E S o f
the issue of 1887 w ill be redeemed and paid to
the holders thereof, or their legal representa
tives, on and after Tuesday, the 2d o f F ebru
ary next, from which date a ll interest thereon
w ill cease. The certificates to be produced at
the time o f paym ent and oanoeled.
A D I V I D E N D O F F O R T Y P E R C E N T Is
declared on the net earned premiums e f the
Company for the year ending 31st Decem ber,
1891, fo r which certificates w ill be Issued e a
and after Tuesday, the 8d of M ay next.
B y order o f the Board,
WELDED CHROME STEEL AND IRON
In Round and Flat Bars, and 6-ply Plate« and Angle
FOR SAFES. VAULTS, * &
Cannot be Sawed, Oat, or Drilled, and positively
Burglar-Proof.
CHROM E STEEL W ORKS,
Solo Man’fers in the U. B.
B R O O K L Y N . N. Y .
B o u g h t and So ld .
Bond o
L is t s .
GEO. A. L E W IS A CO., Banker»,
E n g e n « R . C o le ,
N e w Y o r k , January 25th, 1992.
The Trustees, In conformity w ith the Charter
of the Company, subm it the follow in g state
ment of its affairs on 81st day o f Deoenaber,
1891.
Premiums on M arine Risks from
1st January, 1891, to 81st
December, 1891.-.................t $8,802,697 97
Prem ’ms on Policies not m arked
1,394,177 §7
off 1st January, 1891..............
J « H . C H A P M A N , S e creta ry .
GENUINE
Chem ical Engineers and
Consulting Chemists.
Chemical Industries Investigated, New Proecaae«
Bramlned, Plan, and Specifications ol Works lu ruished. Also Yearly Contracts for Consultations.
B e s a i 97 A 98» 8 0 B r o a d w a y , N e w Y o r k .
Insurance Company,
(Issued Semi-Annually by the Publishers of the
Price in Ligh t Leather Covers, - $100
Six percent 6-year Gold Mortgages on Texas olty
and country properties.
Also 6 per cent 10-year Gold Debentures based on
suoh mortgages, interest and principal payable
either in New York, Baltimore, Philadelphia or
London.
Colleot olatms of all kinds anywhere in Texas or
the Southwest.
Make sales, pay taxes, colleot rents, and deal in
select Municipal and Corporation Bonds.
Act las Trustee, Executor, Administrator, Guar
dian, Reoeiver and Financial Agent for Estates,
Cities, Railroads, etc.
M UTUAL
OF
8 5 0 0 .0 0 0 0 0
133 L A S A L L E
S T R E E T , C H IC A G O .
JOSEPH GILLOTT’S
STEEL PENS.
GOLD MEDAL,
Pa r is Ex p o s it io n ,
18811
THIMQ8T PERFEOT OFFEN«.
TRUSTEES*
J. D. Jones,
W . H . H . Moore,
A. A. Raven,
Joseph H . Chapman,
James Low ,
W m . Sturgis,
Benjam in H . Field,
James G. D e Forest,
William Degroot,
W illiam H. W ebb,
Horace Gray,
W illiam E. Dodge,
George Bliss,
John L. Biker,
C. A . Hand,
John D. Hew lett,
Charles P. Burdett,
H en ry E. H aw ley,
Charles H . Marshall,
Charles D. Leverich,
E d w a rd Floyd Jones,
George H. Maoy,
Law rence Turnure,
W aldron P. Brow n,
Anson W . H ard,
Isaac Bell,
N . Denton Smith,
Thom as M aitland,
George L. Nlohols,
G ustav Amslnok,
Joseph Agostini,
George W . Campbell,
Vernon H. B row n ,
Christian de Thomsea,
L eab d er N. Lovell.
J O H N D . JO N ES, President.
J
W . H . H . M O O R E , Vlce-Preeldeat.
A . A . R A V E N , 2d Vloe-Pte «ideas-
<
X s l
X
\
[Tot. U T.
THEÏ. CHRONICLE.
W OODW ARD
& S T IL L M A N ,
Walter T. Hatch,
Henry Prescott Hatch,
A rth u r M
IN M A N , S W A N N & C o
COTTON MERCHANTS?
YORK.
grades
W . T . H atch & Sons,
96 Broadway & 6 Wall St., New York*
16 to 22 W ILLIAM S T R E E T ,
g m f O l f O F AT,L
e lv in H a tc h
Members of N. T. Stock and Produce Exchanges.
MERCHANTS
NEW
giuum cial.
Bolton.
R o t t o t i . _______________ _
Mew Y ork.
S U IT A B L E
Dealers In investment stocks and bonds.
Personal attention given at the N. Y. Stock Ex
change for the purchase and sale on commission o
stocks and bonds, for cash or on margin.
Interest allowed on deposits, subject to draft at
sight.
_________________
to
W A R T S O F A M E R IC A N S P IN N E R S .
«■«WMAir. M U M a 00..
New Orleans. La.
LKH1CAN, D U B » A OO.
Montgomery. Ala.
LEHMAN
BRO S.,
H enry H en tz & C o .,
COMMISSION
ME RC H A N T S ,
16 te 29 W illi a m Street, N e w Y o r k .
COMMISSION M ERCH ANTS,
EXECUTE ORDBRS FOR F U T U R E D B L IV B B T
No. 40 Exchange Place,
COTTOM
n e w
t o r e
at the N E W YORK, LTVHRPOOL A N D N E W OR
LE A N S OOTTON EXCHANGES. Also orders for
.
COFFEE
nmMUic'RR O F T H E STOCK, C OTTON, C O F
FEE A N D PRODUCE EXCHANGES,
at the N E W YORK OOFFEB EXCHANGE, and
N EW YOBX.
G R A IN AMD PRO VISIO NS
Orders executed on the above Exchanges as well
as m New Orleans. Chicago and foreign markets.
it the N E W YORK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRADE.
STRAUSS A CO.,
Manchester, and at prin
cipal Cotton Centres
on the Continent.
H ubbard, Price & C o .,
8TRAUS8 k CO..
Savannah and
INew Orleans.
STRA U SS
COTTON
&
C O .,
MERCHANTS
48: B R O W N ’ S B U IL D IN G S ,
LIV ER P O O L.
""Special attention given to correspondence with In
terior Cotton Merchants and Buyers for the pur
chase and sale, of Cotton both on spot and for future
delivery.
H opkins, D w igh t & C o .,
COTTON. COTTONSEED
O IL
AMD
SO U T H E R N PRO DUCE
COMMISSION MERCHANTS,
Reew 59 , Cotton E x c h an g e B u ild in g ,
N E W YORK
Gustavos 0. Hopkins.
Charles D. MdlerT
Luolus Hopkins Smith.
Samuel Hopkins.
Crenshaw & W isner,
I S Ac 18 E x c h a n g e P l a c e , N e w Y o r k .
COMMISSION M ER C H A N T S.
Members of the Cotton, Coffee and. Produce Bxch’s.
F . H . Prince &
C o .,
BANKER8 AND BROKERS1
BOSTON,
MASS
HIGH g r a d e i n v e s t m e n t s .
M em bers o f New Y ork and Boston S took Bxehanges
COTTON EXCHANGE BU ILD ING
NEW YORK.
General
Commission Merchants.
Members New Y ork Cotton Exchange, New York
Produce Exchange, New Y ork Coffee Exchange,
Chicago Board o f Trade.
Orders executed on any o f the above Exchanges,
dBO for purchase and sale of cotton for future deIvery in New Orleans and Liverpool. Liberal adrances made on cotton consignments.
P R I C E , R K i l l & CO .,
N o rfo lk , V a .
P R I C E , R E I D A A D A M S , L im ite d .
C h a rle sto n , S . C.
Execute orders fo r cotton for foreign and domestic
shipment.
Gko . H. Ch u r c h , Special
J. 0. BLOSS.
T h e Short E lectric R a il
w ay Com pany.
Gearless, Single Reduction
J . O. B L O S S & C O .,
COTTON
92
MERCHANTS,
W illiam
Street,
AND
Double Reduction Motors
NEW YORK.
W . D . Rountree & C o .,
SLOW SPEED, MULTIPOLAR RAIL»
COMMISSION MERCHANTS,
WAY DYNAMOS.
C O TTO N E X C H A N G E B U IL D IN G , N E W
Y O R K , and N O R F O L K , V A .
COTTON, OOFFEB, GRAIN, PROVISIONS A N D
STOCKS.
Orders executed In New York, Chicago & Liverpool
Geo. H . McFaddenôc Bro.
COTTON
M ERCHANTS,
LINE APPLIANCES FOR COMPLETE
OYERHEAD CONSTRUCTION.
CLEVELAND,
N ew
Y o rk
O ffic e ,
OHIO.
35 W a l l
Street.
P H IL ID B L P H IA i
GENCY OF
THE HAXALL CRENSHAW CO.,
RICHMOND. Y A .
Standard Brands of Flour for Shipment to Warm
Climates always on hand.
gULPHUR MINES COMPANY
OF VIR G INIA .
High-Grade Pyrites, free from Arsenic.
J . Spencer T urner,
SUCCESSOR TO
Brlnckerhoff, Turner Ac Co.,
M A N U FA C TUR ER A N D D E A L E R IN
C O T T O N S A IL D U C K
AND A IL KINDS o r
COTTON CANVAS F ELTIN G DUCK,
OAR COVERING, BAGGING,
R AVE N S DUCK, SA IL TW INES, *0.,
•* ONTARIO ” SEAMLESS BAGS.
“ A W N IN G ” STRIPES.
ALSO, AGENTS
U N I T E D S T A T E S B U N T I N G CO.
A full supply, all Widths and Colors, always
eek.
SuttiWElAi No. 109 Duane Street.J
l.TTlltPO nt OOEKXSPONDENTS,
F R E D E R I C Z E R E 6 A ft OO.
F ifth Avenue H otel,
M a d is o n Squ are, N E W Y O R K ,
The largest, best-appointed and most liberally
managed hotel In the city, with the most central
and delightful location.
HITCHCOCK. D A R LIN G ft CO.
Massasoit H ouse,
S P R IN G F IE L D , M ASS.
T H E BEST-APPOINTED HOUSE IN W ESTERN
N E W ENGLAND.
Convenient for the tourist or business man. Near
Union Depot.
w . n , C H A P IN .
W ay land T rask & C o .,
B A N K E R S AMD B R O K E R S ,
18 W a U Street, N e w Y o r k .
Transact a general banking business, including
the purehase and sale on commission of seeurttle
dealt in at the New York Stock Bxohange.
Wayland Trask,
tm o do si Baldwin
AUKED N. RANKIN.
E . D . Shepard & C o .,
SUCCESSORS TO
A U G . T . P O S T, Banker,
D R E X E L B U I L D I N G , B R O A D S T ., N .
I
Sfate, Conntv and City Bondi.
Cahoone & W escott,
Members New York Stock Exchange,
1.8 W A L L S T R E E T .
Government and Investment Bonds.
Stocks and Bonds Bought and Soldon Commission.
American Exchange Bank
ST. L.OUIS, MO.
C apital, - 8 5 0 0 ,0 0 0 1S u rp lu s , - 8 3 0 0 ,0 0 0
?BTER NICHOLSON, President.
A L V A H MANSUR, Vioe-President.
W A L K E R H IL L , Cashier
W e send d ib b o i to every hanking point In Mo.
@FedFRASER