Full text of Commercial and Financial Chronicle : June 20, 1885, Vol. 40, No. 1043 [Copy 1]

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

MAGAZINE,

MERCHANTS’

HUNT’S

§kW5S]Htjin,
industrial and commercial interests

representing tiie

of the united states.

NO. 1,043.

SATURDAY, JUNE 20, 1885.

VOL. 40.

small excess this year

England section shows a

The New

CONTENT8.

year ago; this is due, however, solely to the extraordi¬
transactions at Hartford mentioned above.
and Commercial
Share transactions on the New York Stock Exchange for the
Clearing-House Returns
English News
732 week cover a market value of $47,398,000, against $109,745,The Financial Situation
728
and
Commercial
Miscellaneous
The Anthracite Coal Situation
News
733 000 for the corresponding period a year ago, and if we pursue
aud the Allotment Plan
729
our usual method of deducting double these values from the
South Peunslvania Enterprise. 731
THE BANKERS’ GAZETTE.
total exchanges at New York, wTe have $309,465,880 and $306,Quotations of
Stocks and
Honey Market, Foreign Ex¬
737 391,221, respectively, representing clearings of other origin, or
Bonds
change, U.S. Securities, State
a margin of 1 per cent in favor of this year.
Railroad
Earnings
738
and Railroad Bonds
and
over a

THE CHRONICLE.
Monetary
7
... 727

735 i

Stocks
Range in Prices at
Stock Exchange'

the N. Y.
THE

736

National Banks Returns
Investment and Railroad

739

In¬

telligence

i

COMMERCIAL TIMES.

743 I Dry Goods.,

Cotton

£hc (fdumtidc.

The Commercial and Financial Chronicle is
New York every Saturday morning.
[ Entered at the Post Oilice,

Week Ending

710

747
748

742 l Breadstutfs

Commercial Epitome

Terms of

nary

Subscription—Payable in Advance:

$10 20
6 10
Annual subscription in London (including postage)
£2 7s,
do
Six Mo8.
do
do
£i 8s.
These prices include the Investors’ Supplement, issued once in two
months, aud furnished without extra charge to subscribers of the
Chronicle;
Subscriptions will bo continued until definitely ordered to be stopped.
The publishers cannot bo responsible for remittances unless made by
Drults or Post Oilice Money Orders.
A neat tile cover is furnished at. 50„ cents; postage on the same is 18
Volumes bound for

(Petroleum..bbls.)

Worcester

+2-5
-fO-l

1,089,362

720.444

706,079

-10-9

505,432

783,481
477,795

+91

-5-8

$72,630,716

$71,640,375

+1-4

$80,068,051

+12-7

$48,213,273

-100

$53,754,047

-4*5

6,203,004
11,212,437

+ 11*0

7.042,403

+ 1-2

—9*5

11,720,305

-93

$57,536,120

$65,028,744

-12-3

$72,520,745

-4-8

$-41,971,836
8,454,500
3,030,239
2,434,4S8
1,227,982
2,172,070
1,307,354

$42,816,472

-2-0

8,961,200
3,177,818
2,615,472
1,723,071

-5 0

+ 159
-f4-0
+19-5
4-2*7

-6-7

$02,148,709
9,701,300
5,131,935
2,817,064
1,385,718
2,288,321
1,527,352
785,490

Springfield
Lowell

RETURNS.

present statement of exchanges is disappointing, show¬
ing as it does a decided decline in the aggregate from the
totals of preceding weeks. Only four cities exhibit any gain
over the returns for the week ended June 0, and they are
Hartford, Kansas City, Memphis and San Francisco, while

recorded, especially at the more

mills having
signed the agreement within the past six days, and a speedy
adjustment of all differences is now anticipated.
Comparing with 1884 the clearings at the twenty-seven cities
record a loss of 17*3 per cent.
Our telegraphic returns for the
live days ending June 1.2, published in the Chronicle of June
13, exhibited the same percentage of decline; tlie confirma¬
tion of which by the full week’s figures is only another evi¬




statement,

+3-2
-f 22*2
+8-0

837,327

The

dence of the value of that

1,200,500

858,504

published—those for March 10,1885, in the Chronicle of April
24, page 505, those for December 20, 1884, in the issue of Feb.
21, 1885, on page 238.

of settlement, several

-44

+00

(-20-3)

720,850
682,780
476,189

739 will be found the detailed returns, by States,
of the National banks, under tlie Comptroller’s call of May 6,
kindly furnished us by Mr. Cannon.
Previous returns xvere

mill workers is in process

+14*4

+01-8

$70,290,085
3,823,400
1,600,807

$62,741,056

(t30-0)

Portland

New Haven

—On page

The large addition at Hartford (over
important centres.
$970,000) is due to very heavy transactions on the part of the
State Treasury; in fact, but for these operations, which reached
a total of $1,215,026, the clearings would have fallen below
those for the previous six days.
The strike among the iron-

(-70-3)
(-15-0)

(1,899,287) (-595)
(284,200) (+45*5)
(21,988,000) (+40*4)
(77,493,000) (-549)

2,577,022
1,018.815

WILLIAM If. DANA & Co., Publishers,
79 A 81 William Street, NEW VOHK.
Post Office Box 958.

considerable losses are

(728,057)
(199,400)
(34,124,000)
(45,270,000)

(708,521)
(413,601*)
(30,884,000)
(34,014,000)

Hartford

Financial Chronicle in London
Drapers’Gardens, E. C., where sub¬
scriptions and advertisements will be taken at the regular rates, and
single copies of the paper supplied at Is. each.
The otlicc of the Cii ronicle in Liverpool is at B15, Exchange Buildings

some

-245

Providence

England.

CLEARING HO USE

$408,877,505

-231

$62,387,394
4,014,e00
1,343,905
1,065,134

The office of the Commercial and
is with Messrs. Edwards & Smith. I

WILLIAM n. DANA.
JOHN G. FLOYD.

June 0

PerCent

3,554,600

Boston

Total N. England

$40,498,265
6,8S5,772
10,152,033

Philadelphia
Pittsburg

....

Baltimore

Total Middle....

subscribers at $1 00.

Offices In

1885.

Per Cent.

j

$525,881,221 1

Sale8 of—

'published in

For One Year (including postage)
For Six Mouths
do

cents.

$404,261,880

New York

(Stocks.. ..shares.)
(Cotton
bales.)
(Grain., .bushels)

New York* N.Y., as second class mail matter.]

1884.

1885.

Week Ending

June 13.

Chicago
Cincinnati

4

Indianapolis
Cleveland
Columbus

St. Louis

-2-3

$61,354,055

$04,385,857

-4*7

$85,7 85,889

4-11-0

$13,949,118

$14,705,438

-5 5

976,413
4,350,790
4,199,378
4,875,755
1,008,201

708,794

-j-37‘7

+ 14-5

0,373,659

-23-0

$15,100,683
1,041,712
5,192,659

4,474,571

-6-2

3,421,480

-f-42’5
8-40-8

Memphis.

715,810

4,858,473
4,750,598

41P6
-395

+3-4
-10-4
-14-8

982,972

+32-3
+16-8
+22

$29,859,655

$30,459,757

-2-0

$31,987,097

$10,381,104

$11,100,411

-6-5

$0,535,194

-8'2

-17-3

$748,780,481

-15-5

—4-7

$270,902,970

$636,023,590

$709,090,335

York ~"$2oT,7 0 L 710

$243,215,114 (

Total all

—19-8

705,580

City

Outside New

-6*0
-28*8
-10-6

Louisville

San Francisco

-31

-3-5

1,507,208
755,845

New Orleans

Total Southern..

789,721

-2-4

2,738,171

St. Joseph

Kansas

.

-2-7

-20-7

Peoria

Total Western...

-11-5

8

54

days indicate that there
the volume of exchanges,

Our telegraphic returns for the five
has again been an improvement in
Louis and New
in which all the cities share except St.
Orleans. The Boston total covers only four days,
House at that city having been closed on Wednesday, June 17

the Clearing

(Bunker Hill day).
Five Days
1885.

1884.

Per Cent.

$441,211,894

(879,305)

(1,475,028)

Boston

48,561.517

49,073,469

-1-0

Philadelphia

39,039,580

Baltimore

43,013,470
9,383,845
86,086,000
11,937,476
4,963,022

—9-2

9,127,795
37,939,000
11,803,992
4,314,329

Sales of

Stock (shs.)

Chicago
St. Louis
New Orleans

*

Cent

-23'4

+3-4

35,009,000

-0-6

—PI

11,818,920
4,431,724

-10-4

-’.31

-12-5

Country*

47,847,034

+0-3

Total all........

$509,543,803

$644,116,810

-110

$202,904,916

—2 0

Outside New York $198,784,265
Estimated on the basis of the last

Per

-2-7

$596,209,776

Balance,

1885.

(097,589) (-57-0)
-0-6
51,442,795
-10-1
34,305,743
-Ill
8,420,458

*>. o

$521,545,811
47,998,052

Total

!

1

End'g June 12.

$333,466,573

-160

$370,709,598'

New York

5 D'ys

Ending June 19.

-4-9

$478,955,213
51,849,788

-18-7

$530,305,001

-173

+1-4

_

weekly returns.

$196.S88.42-"

—4’ K

THE CHRONICLE.

728

[VOL. XL,

system, one that should be automatic, self.
SITUATION
regulating, expanding in the more active months and years,
Wall street markets have continued to show more or and contracting in the more quiet months and years; with
less strength during the week.
The better tone which such a machine we will follow Mr. Weaver wherever he
a new

currency

THE FINANCIAL

prevailed in financial circles has, however, not will lead, for we do not care whether any limit is put on
the volume, as trade requirements will fix that.
as yet imparted great buoyancy to prices ; they have
In addition to the better feeling prevailing in Wall
advanced, especially yesterday, but before that, in most
cases with
frequent lapses, showing in general little street, there seems to be some evidence of a preparation
in progress among railroad managers for a change in con¬
public support. Still, there is evidently a much better feel¬
ditions.
It surely cannot all be a sham or deception,
ing, holders are more hopeful, and could they be positive
of favorable legislation with regard to silver coinage, the these frequent pool meetings that have been taking place
An agreement as to freight difficulties is of
future of the market would, in their view, be assured ; for recently.
the varied traffic our railroads need can only be regained course out of the question for the present, while the canal
with a general revival of our industries, and that cannot be remains a competitor; but the machinery can be devised
realized until capital, relieved from its fear, becomes confi¬ to be put in operation when the occasion permits, and
dent and venturesome again.
something of that kind is apparently being done. As to
Congressman Weaver, if the daily press correctly repre^ passengers, the meeting on Wednesday of this week of
sents him, has issued his ultimatum on the silver * dollar the trunk line agents at Chicago may mean much or may
question this week. He is reported to have said that he mean little, but on the surface the determination to abol¬
would stop the coinage only in case “ an unlimited author- ish commissions and to reduce the number of ticket
■“ization is granted the owners of silver bullion to deposit offices to one at the depot and one general office for each
it in the Treasury and receive in return silver certificates, line, with directions to the commissioner to formulate
which are legal tender equally with the present coin a plan for a money pool, &c., looks like some¬
dollars.”
Without stopping to criticise this statement, thing serious.
Heretofore, these payments to agents
the reason given for the unwillingness to suspend for the and others, have enabled lines to secretly cut rates while
time being the further use of silver is worthy of notice, apparently maintaining the schedule, and this has been a
Another incident,
because it covers a popular error, the presence of which is most fruitful source of complaint.
surprising under existing conditions. The reason given is needing apparently better explanation than has yet been
that “ the population of our country is rapidly increasing made, is the marked appreciation with large sales of West
Taken in connection
and the money supply as rapidly diminishing”; in other Shore bonds and Vanderbilt stocks.
new plan of settlement
with
the
of West Shore affairs
words, that the country is short of currency, or in danger
of being so, and therefore needs silver certificates.
We proposed by the committee of which Mr. Frederic Taylor
have often proved that no such shortage exists or is likely is chairman and Mr. Taylor’s resignation of the position of
to occur; but the assertion seems peculiarly untimely cashier of the Continental Bank so as to attend to the busi
just now, when there is such a plethora of currency lying ness of the committee, the event becomes most interesting, to
Of course the election of Hon. Chauncey M.
idle in our various currency reservoirs. Look, for illustra¬ say the least.
tion, at the latest national bank returns received this week, Depew as President of the New York Central is also
and which we give in detail on a subsequent page, and a circumstance of the week; but what reason is there
notice from the following statement the present holdings for believing that his advent is to mark a change
of gold and legal tenders.
These totals do not, of of policy, or that any policy other than that
course, include State or savings institutions, or trust com¬ which has been pursued involving the absorption of the
West Shore would be a change for the better, or connect
panies, or the Treasury.
ing the new President in any way withHie higher values ?
March 11,
May 6,
Cash Holdings by National Banks of
1885.
We do not pretend to special knowledge with regard to
1881.
United States.
$88,541,112
$92,377,465
these matters, but only refer to them as events of the
Gold and gold Clearing Hou^o certificates....
77,412,100
5,523,400
Gold Treasury certificates
week looking like a tendency towards order where there
$163,953,272
$97,900,865
has of late

4i
“

“

“

Total gold

58,266,439

Legal tenders
Total currency, not including
silver certificates

06,471,999

In

silver and
$156,167,304

$260,425,271

2G0^ millions of gold and its equiva¬
lents, or say over 100 millions more of these descriptions
of currency lying idle in the vaults of the national banks
to-day than were so held at the same date in 1881, and yet
the prosperity of 1881 fails to return. Is not that an indi¬
cation to Mr. Weaver and his followers that no excess in
the volume of currency in the country or at the command
of borrowers, can cause business activity ?
It seems so
Here

are

about

only facilitates exchanges, and
cause them, that we do not see how

evident that currency
never can

make

or

be deceived on the point. It may check
exchanges, and will check them obviously, whenever any
any one can

we

of
of

respect to the crops the

of the worst description.

outlook has not materially

It is universally acknowledged that the yield
heavily short of an average, and no
accounts are received qualifying in any manner the worst
fears previously expressed.
But with that exception,
every product of thejsoil appears to be doing finely.
Even
in wheat it should be remembered' that it is only the win.
ter variety that is affected—that spring wheat is generally
in excellent condition, and affords a splendid promise,
though of course this variety is further removed from har¬
vest time than the other. The distinction in favor of spring
'wheat should not be overlooked.
To be sure, the loss in
winter, wheat can not be made good through
that
agency,
but at least the sections raising spring
changed.

of winter wheat is

basis from
the roads
the measure
are now
living under, and which must be first traversing those sections. Northwestern roads carry
all removed if we desire to restore the activity almost exclusively spring wheat, and thus these will—
1881 ?
Only grant that relief and no one will barring accidents in the near future—fare vastly better

doubt
it

has heretofore been confusion

as

is feared, because wheat are put upon an entirely different
of value; and is not that doubt the evil the others, and -the difference extends to

to its convertible

value arises

or

object to any feasible plan Mr. Weaver or any one than the roads of the middle Western section. In fact,
else may devise for giving us a currency exchangeable into out of the misfortunes of these latter, the Northwestern
gold or silver bullion at their market price. We greatly need roads may reap a positive advantage, since the shortage




729

THE CHRONICLE.

JtJNE 20, 1886.]

elsewhere will certainly help to give the farmers on these ury. Adding that item to the above, we have the following,
which should indicate the total gain to the New York
lines better prices for their cereal and thus promote their
...

prosperity and purchasing power, not to speak of
of such a

Clearing House banks of gold and currency for the week
It covered by the bank statement to be issued to-day.

the effect

circumstance upon the tariff of the roads.

Net Change in
be said that in the Northwest, not only wheat, but
Into Banks. Out of Banks.
Week ending June 19,1885.
Bank Holdings.
all other crops, look well at present. Mr. Martin L. Sykes,
Gain.
$1,437,000
$342,000
Banks* Interior Movement, as above
$1,779,000
of the Chicago & Northwestern, returned this week to
400,000
6,400,000 Loss.
0,000,000
Sub-Treasury operations
New York, after having traveled over 2,300 miles of that
Gain.
$1,037,000
$6,742,000
$7,779,000
Total gold and legal tenders....
road, going as ‘far west as Pierre in Dakota, and he reports
The Bank of England reports a gain of £737,117 bullion
that he was really surprised to find how favorable was the for the week.
This represents £211,000 received from
appearance of all the cereals.
Spring wheat, corn, oats, abroad and £526,117 from the interior. The Bank of
flax were all in prime condition out there, and he naturally France increased
9,725,000 francs gold and 3,419,000
feels greatly encouraged therefore.
francs silver, and the Bank of 'Germany, since the last
In the more middle latitudes, corn' is in some sections
return, gained 2,100,000 marks. The following indicates
reported to be rather backward, and the condition below the amount of bullion in the principal European banks
that of a year ago.
Illinois, for instance, has suffered this week and at the corresponding date last year.
some damage from insects, and the cold, dry season has
June 19, 1884.
June 18, 1885.
interfered with planting and retarded growth, so that the
Silver.
Gold.
Silver.
Gold.
average condition in the northern section of the State was
£
&
&
&
reported at only 84 per cent on the 1st of June, against 98
25,152,627
Bank of England
28.240,106
per cent at 'the same time last year, and in the central Bank of France
45,707,390 43,259,392 41,630,262 40,569,219
division 86 per cent against 90, but, on the other hand, in Bank of Germany
7,949,750 23,849,250
7,697,000 23,091,000
Southern Illinois the condition is 92 now, against 81 in 1884. Total this week
81,644,556 66,350,392 74,732,639 64,418,469
80,493,207 66,134,906 74,281,485 64,337,270
There is a material increase in the acreage, which of course Total previous week
The Assay Office paid $277,020 through the Suboffsets to that extent any loss in condition.
But apart
from that, it should be remembered that we are as yet Treasury for domestic bullion during the week, and the
very early in the season for corn, and that good weather Assistant Treasurer received the following from the Cus¬
only is needed to overcome the drawbacks that now exist, tom House.
so that it is not impossible that an improved condition may
Consisting of—
Duties.
be reported later on.
Silver Cer¬
As respects the Southern States, and Date.
Gold
XT. S.
Gold.
Notes.
tificates.
Certifies.
the prospect of that chief of all export staples—cotton
$95,000
$27,003
—the outlook for a heavy yield is most satisfactory, and Junel2.
$84,000
$5,000
$211,360 13
81,000
120,000
56,000
13.
2,000
259,297 19
the accounts continue very much better than a year ago.
158,000
225.000
117,000
15.
2,000
502,128 03
226,000
The exchange market has been firmer, as we anticipated
214,000
186,000
16.
2,000
629,075 70
98,000
95.000
87,000
17.
4,000
44
284,640
last week, but dull and otherwise without feature.
The
53,000
67,000
103,000
18.
3,000
225,163 53
concessions from the nominal rates bring those for actual
$725,000
$626,000
$741,000
$18,000
Total
$2,111,665 02
business about three-fourths of a cent per pound sterling
below the posted figures, but even at these prices there is
THE ANTHRACITE COAL SITUATION AND
only just about enough demand to keep rates from
THE ALLOTMENT PLAN
declining. Drawers of bills are indisposed to press their
Complaints are again becoming general that the anthra¬
offerings as they look for a better inquiry toward the
close of the month when remittances will be made for cite coal trade i3 very dull, that buyers are holding off,
interest and dividends due to foreign holders of American that consumption and demand are diminishing, that stocks
are accumulating, and
that prices are low and tending
securities.
Buyers whose requirements are not urgent
lower.
The
situation
is
the more interesting because if
are apparently waiting for a further decline,
which is
the allotment plan arranged last January is to be carried
regarded as inevitable early next month when drafts
made in anticipation of the movement of new cotton will out without change, the companies are about greatly to
increase their production.
Of course, there is room for
be more liberally offered.
Meanwhile the proceeds of
some increase, since consumption is naturally much heavier
maturing and matured sterling are being drawn from
at this season of the year than in the winter months, but
London through the medium of cable transfers.
Bankers’ balances remain unchanged, and they are whether the market will take as much increase as the

may

....

“

“

«

“

“

.

Commercial paper of prime
quality is in request and interior banks are competing
difficult to loan at 1 per
with

our

own

in

cent.

the search for desirable names.

The

allotment

plan provides for, is a question yet to

be deter¬

mined.

Some

see

in this situation,

combined with the gen¬

the investment of idle eral industrial prostration so conspicuous at the present
indication that the allotment scheme is
balances continues unabated, and one feature has been time, an
a further advance in the 3
per cents.
The following doomed to failure, and a collapse of the combina¬
We cannot of course tell what the
tion imminent.
statement, made up from returns collected by us, exhibits
the receipts and shipments of gold and currency by the managers of the companies may decide to do, but
such a conclusion we should say does not necessarily fol¬
New York banks during the week.
low from the conditions given.
The companies have thus

demand for Government bonds for

Week ending June

19,18S5.

Currency

Received

by

Shipped by

N. F. Banks. N. T. Banks.

Net Interior
Movement.

$1,779,000

$312,000

Gain... $1,437,000

$1,779,000

$342,000

Gain.. $1,437,000

Gold
Total gold and legal

tenders....

The above shows the actual changes
of

in the bank holdings

gold and currency caused by this movement to and from,

the interior.

In addition to that mqyement, the banks have

lost $400,000




through the operations of the Sub-Treas¬

together harmoniously, and this during the
most trying period, namely when production was rigidly
restricted ani kept down to a very low level. The figures
we shall give below will show that with one unimportant
exception all the companies party to the scheme, have faith¬
fully lived up to its requirements. What reason is there
for thinking that in the period of heavier production now
entered upon, the same unity of action and purpose will
far worked

[Vol. XL.

THE CHRONICLE.

780

low, that now there is an increase of about 105,000 tons,
Admit that the condition of trade does not but that nevertheless they are 333,000 tons smaller than a
warrant mining the full allotment, cannot the companies
year ago, and smaller than at any other date in the period
agree to reduce the limit as required ? Their arrange¬
covered by our table, except the two months mentioned.
ment is not, as we understand it, a cast-iron one, and its
As regards the amount mined, this has been considera¬
operation and smooth working are by no means dependent
bly smaller than a year ago—over 900,000 tons less for the
upon the production of a certain fixed tonnage.
five months—and the production during the last two months
The most difficult point that a pool or combination has
has not differed much from the allotment, though in
to grapple with, is not the total amount of the tonnage—
the earlier months it ran ahead, the increased demand on
that natural conditions must be left to determine—but the
account of the cold weather being the cause.
Concerning
proportion that each road shall have of this total, whatever the allotment itself, we see that against 1,500,000 tons in
it may be.
Now, this matter of percentages among the
January and February, 1,800,000 in March, 2,400,000 in
coal roads was fixed early in the year, apparently to the
satisfaction of all, and there have been no evidences of April and May, the amount is now up to 2,500,000 in
June, will reach 2,800,000 tons in July, and after that 3J
discontent, so that it may be assumed that there is no
millions per month almost to the close of the year. While
likelihood of trouble on that score. To be sure, the Penn¬
the increase in the later months may seem very heavy, it
sylvania Railroad, working outside of the combination, has
will be observed by the column of actual production for
not only exceeded its allowance, but also its production of
1884 that in that year the amount mined ran up from less
last year; still, this will be much less of a factor in the
than 1,900,000 tons in the earlier months to 3,552,411 ton3
subsequent months of heavy production than it has been
in August, though after that it again fell off.
The allot¬
up till now, and as the managers of the combination have
ment for this year fixes the amount at 3-J millions for four
not as yet allowed the Pennsylvania to disturb their action,
consecutive months, which in the present condition of
it is hardly permissible to suggest that road as a likely
obstacle to continued harmony in the future.
There business must certainly be deemed too large. This will
appear the more evident when we remember that the
remains, therefore, only the question of reducing the
allotment in those months will be increased by whatever
amount of the allotment, and here, as the roads have noth¬
portion of the extra million shall be mined in this period.
ing to gain by overstocking the market, it is reasonable to
As our readers know, after 30 millions had been determined
suppose that the dictates of common sense will be allowed
on as the product for the year, a further million was added
to prevail.
Indeed, as an evidence of this we had the
announcement by Kiernan a few days ago that the Penn¬ (but not to be put out in May or the months preceding), “with
the view,” as stated, “ of recovering the market for steam
sylvania Coal Company (not the railroad company) had
and manufacturing purposes from bituminous coal.”
notified it3 contractors that in view of the dullness of the
Hence the amount for the year would be 31 millions, and
anthracite trade it would this month (June) reduce its pro¬
to this must be added the excess of production by the
duction from the amount allotted it to the actual demand.
The feature of the week that gives point to these Pennsylvania Railroad above the amount allowed it, which
tons,
excess for the five months thus far reaches 500,000
remarks is the publication of Mr. John H. Jones’ state¬
and for the full year will reach considerably more, as the
ment,. showing the production of anthracite during May
18S4 production of the road (without any increase in 1SS5)
and the first five months of the year. These figures, when
alone gives, an excess of 709,237 tons.
Consequently,
taken in connection with similar figures for other months,
unless some change is made in the programme, the produc¬
and compared with the amounts provided for by the
tion of 18S5, though up to May 918,783 tons below 1S84,
allotment plan, can be made to throw much light upon the
will for the full year mount to nearly 32 million tons,
present position of affairs, and will also help us to inter¬
■whereas in 1834 only 39,718,203 tons were mined ail told.
pret and understand the situation as presented to the
We have accordingly pre¬ Evidently, therefore, the allotment for the last half of the
managers of the combination.
pared the following table, giving the actual production of year will have to be re-arranged on a lower basis.
Another point of interest is found in the study of the
anthracite for each month of 1S84 and 1885, the amount
to be mined by months in the latter year according to the figures of production for each company separately, with the
allotment plan, and the stock at tide-water shipping points purpose of seeing which have gained and which have lost,
and how much, and how the production in each case com¬
at the end of each month of the last two years.
pares with the allotment in that case.
The following are
1884.
1885.
figures prepared to this end. To get the allotment we have
Coal.
Stock end
Produc¬
-let ual j Stock end
used the percentages published last January.
tion.
of Month.
Product'll. [ of Month.
t.

not

prevail?

“

'

Allotmen

January

February
March

April
May
June

tons.

1,500,000
1,500,000

1,041,803
1,707,707

1,800,000

2,025,790
2,336,224
2,439,701

2,400,000
2,400,000
*2,000,000

837,104
005,565
431,424
420,504

625,641

-

1

1,899,573
1,S92;680
1,88.1,402
2,828,250

037,987
538,229
859,450

2,028,142
2.029,179

858,837

2,602 614
3,552.411
2,017,891

072 207

September

*3,250,000

October

3 003 435

November

*3,250,000
*3,250,000

885,591
781 810

3,031,954

712,392

December

*2,100,000

2,030,737

874,681

+30,000,000

80,718,293

Plus so much of the “ lighting ” million as may
t Plus the 1,000.000 tons additional to be sold
*

ZFirst Five Months to„
Allotment.
May 31.

Produc¬
tion.

Deficit

or

Period in

Below
Allotment.

1884.

;j

-

August

Total

Produc- 'Increase or
Excess Over lion same Decrease in’.

704 838

*2,800,000
*3,250,000

J uly

1SS5.

032,041

885 715

he determined upon,

at reduced prices to

compete with bituminous coal; plus also whatever the Pennsylvania
Railroad may produce in excess of the 2,400,000 tons allotted to it for

Phil. & Read....tons.

Lehigh Valley
Del. Lack. & West...
Del. & Hudson

Pennsylvania RR....
Pennsylvania Coal...
Erie

Total

3,729,000
1,881,000
1,540,800
1,050,000
768,000
4S0.000
144,000
9,600,000

Thus it is evident

3,792,345 Ex. 02,745 j
3,038
1,884,638 Ex.
5,495 i
1,535,3 5 Def.
448
1,055,552 Def.
1,207,054 Ex. 499,651:!
4G2,084 Def. 17,960 |
213,702 Ex. 09’762 ’
,

10,211,290 Ex.

011,290.'

Preduction

j in 1885.

3,998,842! Dec. 200,497
2,204,598 Dec. 319,960
1,896,630 Dec. 301,325
1,215,939. Dec. 160,387
1,167,512'The. 100,142
500,140! Dec. 44,106
140,412 J/?c.
11,130.073Dec.

that with the exception

73,350
918,783

of the Penn¬

sylvania Railroad and the Erie, production and allotment
Referring first to the stocks on hand (visible only, of in every instance agree very closely. There is a total
excess of 611,290 tons, but of this 569,41G tons are on the
course) some interesting facts are disclosed by this record
for a year and a half.
The increase in the stocks during Pennsylvania and Erie, the Pennsylvania having 499,654
May, of which so much has been made, turns out to pos¬ tons of it. The Erie is in the combination, the Pennsyl¬
sess much less significance than generally supposed.
We vania is not. Outside of these two the changes are so
the year.

find that in March




and

April stocks had run down very small and unimportant a3 to require no notice.

.But how

June 20,

have

731

THE CHRONICLE.

1885.]

the companies been

affected by living up to the Philadelphia & Reading, profitable, and to this end the
traffic of these roads must be increased

and enlarged in

agreement ? This is shown by comparing their present
output with that for the corresponding period of 1S84. every possible way. It is just this, and nothing more,
And here we find some very heavy losses indeed.
The that Mr. Vanderbilt is engaged in doing. The Philadel¬
Lackawanna has had to reduce 361,325 tons (its tonnage phia & Reading has long been anxious to form a through
route to the West, so as to get a Western market for its
being that much less than a year ago), the Lehigh Valley
anthracite coal.
But its own lines end at Harrisburg,
319,960 tons, the Reading 206,497 tons,'the Delaware k
and west of that point, though the Pennsylvania might be
Hudson 160,387 tons, and the Pennsylvania Coal Com¬
used, it is not available. The building of the Jersey
pany 44,106 tons. The Pennsylvania and the Erie are the
Shore Pine Creek & Buffalo, a couple of years ago, (to a
only ones that run ahead of 1884, the former 100,142 tons,
connection with New York Central), was intended to
and the latter 73,350 tons.
We may sum up the situation, then, by saying, (1) that solve the difficulty in a measure, but that road serves more
as a northern outlet than a western.
So Harrisburg still
the output thus far, notwithstanding an increase on the
remains practically the Western terminus of the Reading
Pennsylvania Railroad, has been close to a million tons
On the other hand, the Lake Shore and the
less than a year ago; (2) that visible stocks, though larger system.
than in April, are much less than in 1884; (3) that the com¬ Pittsburg & Lake Erie, together extend no further
east than Pittsburg.
To be sure, the Lake Shore has its
panies in the combination have closely observed the com¬
bination plan even

natural outlet to the seaboard

during the period when it must prove

the New York Cent¬

ral, but still another, and that through the anthracite coal
fields, could not fail to bring great additional benefits.
The situation, then, was this : the Lake Shore, in whose
interest the Pittsburg & Lake Erie (to Tittsburg) is
controlled, wanted to go further east; the Reading wanted
to go west—from Harrisburg.
What more natural than
to fill in the gap ?
And that gives us the idea that sug¬

(4) that the allotment for succeeding
months is undoubtedly too high, and will have to be
reduced; and (5) that neither such reduction, nor the
operation of the Pennsylvania outsideof the combination,
should cause a disruption of the same, (the troublesome
question of percentages not being any issue) unless indeed
—what is always possible—it should suit the purposes of
managers, for speculative ends, to force such rupture.
most

over

irksome;

gested the South Pennsylvania project.
The road is
nothing more than a line between Harrisburg and Pitts¬
burg, or, as it is sometimes defined, a line from the Sus¬
THE SOUTH PENNSYLVANIA ENTERPRISE. quehanna River to the Youghiogheny River.
It will thus be seen that the road does not in itself con¬
The public is suddenly taking a great deal of interest in
Mr. A'anderbilt’s South Pennsylvania project.
There is stitute a through route. It is simply a link in such a route—
much difficult work on the road — mountains to be the Jersey Central and Reading are to be used at one end,
Lake Shore and the Pittsburg & Lake Erie at the
pierced, with several tunnels a mile or more in length— and the
Of course a new competitor for through traffic is
and even if the sanguine expectations of the promoters of other.
the enterprise shall be realized, the line will not be in in this manner introduced, but the initial lines that make
operation before July 1, 1886, more than a year hence. up the route, both at the western end and the eastern,
Yet it is already considered an obstacle in the way of the have long been in existence and in active operation,
settlement of the trunk-line problem, and dire predictions developing a local traffic, so that in that respect at least
of evil to follow are heard on every side.
It is declared they introduce no new element of competition. In contra¬
that the Pennsylvania will not abide by pooling arrange¬ distinction to this, the West Shore and Nickel-Plate were
ments until this matter is disposed of, albeit the Pennsyl¬ wholly new from one end to the other—an additional
The South
vania has heretofore been the last to break its agreements railroad both into Chicago and New York.
of that description.
And as if this prospective trouble Pennsylvania does not build into either place—it simply
From this it follows that the road
about the through business were not enough, we are told utilizes existing roads.
that even more harm is to result from the new road’s has no points of similarity with the West Shore or Nickelcompetition on local business. The Pennsylvania is in Plate, It is a competing line, and in a certain sense also a
this way to be deprived of its chief sustenance.
The parallel line ; in the offensive way, however, that these
Lake Shore has had its Nickel-Plate, the New York Cent¬ designations have becomeknown, it is neither.
But the most important difference is yet to be pointed
ral its West Shore, and now the Pennsylvania is to have
The motive prompting the construction of the road
its South Pennsylvania—and of course the disposition is out.
“to make the most of it.”
being so unlike that in the other cases, one would natur¬
Now, what is this South Tenfisylvania project ? Is it ally expect to find the line laid out with the idea both of
.

really another West- Shore undertaking ? Does it provide developing new sources of traffic and of interfering least
And this is precisely
for the building of another trunk-line into New York, or with the roads already in the field.
The West Shore and Nickel-Plate were
to the seaboard ?
And what is the motive governing the what we do find.
projectors of the road ? Is it intended merely to hurt an built right alongside the Vanderbilt lines their entire
existing system, or to build up and complete properties length—almost within hailing distance the whole way.
that are nowT incomplete ? Is the object to develop a new Thus the only traffic they could get was some of that in
line of traffic, or simply to secure a division of present possession of those, and thus also the struggle that has

profitable. In a word,
is the road being built to sell, or have the promoters a
definite and legitimate object in view ?
On this latter point all will agree, we think, in saying
that the road is not being built to sell. Nor can it be
maintained that the purpose is to injure the Pennsylvania.
It may be safely assumed that Mr. Vanderbilt cares
nothing for the Pennsylvania, per se. But he is inter¬
ested, and vitally interested, in making his investments in
the Lake Shore, in the Pittsburg & Lake Erie, and the
traffic which other lines find




very

precipitated between the Central and the West
The South Pennsylvania, on the other hand, has
been located in such a way as will, in our estimation at
least, permit it to build up a certain traffic of its own—
that is, it can get the traffic afforded by local industries
along the line of the road, and which the road will de¬
velop. The route has not been definitely fixed its entire
length, so we cannot indicate its precise location, but certain
points through which the road is to pass are known, and
by that means we get an idea of its course. Beginning at
been

Shore.

THE CHRONICLE

732

Harrisburg the road runs to Carlisle, a common point with
the Pennsylvania Railroad ; thence it runs through a
section unsupplied with railroad facilities, till Bedford, in
the southern part of Pennsylvania, is reached, where one
of the Pennsylvania lines is crossed ; thence the road pro¬
ceeds west through Somerset and Westmoreland counties,
to Pittsburg, crossing first a branch of the Baltimore &
Ohio, and then a branch of the Pennsylvania. The road
is more direct than the Pennsylvania between Harrisburg
and Pittsburg, and therefore forms a shorter route.
Of
necessity it comes into competition with the Pennsylvania
at certain points, but it runs, we should say, on an aver¬
age about thirty miles or so below the main line of that
road, and it opens up in many places districts not yet tra¬
versed by railroad lines.
Hence the South Pennsylvania is being built in the first
place in a legitimate way, and with a reasonable object in
view.
In the second place, it forms, not a through route,
but merely a link necessary to its completion ; it provides
for only about 220 miles of new road, while the West
Shore has 470 miles, and the Nickel-Plate as much more.
Then it is being built not alongside of the Pennsylvania,
but at a respectable distance below it, and consequently it
has in a sense a certain section of country to itself.
There
seems no reason why the South Pennsylvania ^should, not
build up a good independent traffic in the southern part of
Pennsylvania, simply because the Pennsylvania lies to the
north of it, any more than that the New York Central
should have made that impossible in the southern part of
New York in the

of the Erie.

case

From what has been
we

said, therefore, it will be seen that
such trouble from the South Pennsyl¬

anticipate

vania

a3

no
has followed from the West Shore.

It is differ¬

•

fFrom

our own

[Vor* XL.

correspondent.]

London, Saturday, June 6, 1885,
This has been

very quiet week.
Business remains limited
departments of industry, but a more hopeful feeling is
springing up, which may yet lead to some revival. The
improvement, however, is confined to the home trade, export
operations being as slack as ever. An inquiry is noticed for
copper and tin mining shares, whether speculative or not
remains to be seen. Tin keeps high in value in comparison
with the recent average, although a portion of the advance
has been lost; but iron and copper are still dull. The wool
sales have opened fairly well, especially for cross-bred descrip¬
tions, which have realized an advance of about %d. per pound.
The general tendency of trade is certainly less gloomy, but it
has yet to be decided whether we have entered upon a period
of permanent revival or whether it is merely a slight spasm
which may easily pass away without leaving any distinct
trace of prosperity.
The question is, have we really secured
a return of confidence?
Until that happy event has taken
place no real improvement can be looked for. In spite, how¬
ever, of somewhat more encouraging symptoms, it would be
idle to assert that trade at the present time is otherwise than
very dull.
Were such not the case, money, both here and in
America, would not be at its present unusually low figure.
Moderate sums have of late been absorbed by the colonial
loans introduced, but the amount still unemployed is far in
excess of requirements, and that is a sure test of the state of
trade at the present time. The weather has become very
summer-like and favorable for the country, and agricultural
prospects are better than they were. In the present low level
of prices of food products any increase in the yield of cereals
does not count for much; still it is something, and will go
toward augmenting the power of the influences at work for the
extension of trade. The Anglo-Russian political incident is
just now almost entirely ignored, a peaceful settlement being
regarded as a certainty.
Money has slightly hardened, but the improvement is
almost inappreciable, and there is still an abundance lying idle
for which no adequate employment is offering.
It will require
a very decided extension of trade to have much effect upon
present plethoric balances.
Day-to-day money remains at
about % to % per cent and short loans are quoted at 1 per
a

in all

ently situated, and has been built with a different idea in
view.
The Pennsylvania and^the South Pennsylvania, we
take it, can co exist.
The West Shore and the New York cent.
Central cannot, except through the absorption of one by the
The following return shows the position of the Bank of
other. It is a life and death struggle with them. Undoubted- England, the Bank rate of discount, the price of consols,
the price of middling upland cotton and wheat, and the Bankers
ly the Pennsylvania will lose some traffic through the build¬
Clearing House return, compared with the three previous
ing of the South Pennsylvania, and their interests will
years:
clash in a number of ways, but there will be no such bar
1885.
1884.
1883.
1882.
Clrculatlon excluding
£
£
£
£
*
to harmony as exists in the West Shore-Central case.
7-day & other bills. 24,930.2 40 25.673,705 25,6^3.315 25 939,675
Louisville & Nashville.—In

our

article

on

Railroad Earn¬

ings last week, the mileage of this road was given the same
this year as last, namely, 2,065 miles. We are informed by
one of the company’s officials that in reality the mileage this
year is now 50 miles less, the lease of the Selma Division, from
Montgomery to Selma, having been discontinued. This in
part at least accounts for the decrease in the earnings.

Public deposits
7.130,970
Other deposits
28,081.426
Govemm’t securities. 14.343.004
Other securities
20 800.256
Res’ve of notes & coin 17,891,809
Coin and bullion in
both departments.. 27,072,049

Proport’n of reserve
to liabilities
Bank rate

2 p. c.

99k*d.

Consols..

Eng. wheat, av. price
Mid. Upland cotton..
No. 40 mule twist

34s. lid.
5Giod.

AT LATEST DATES.
EXCHANGE AT LONDON-June 5.
On-

Time.

Amsterdam.
Amsterdam.

3 moB.

Hamburg

3 mos. 2055
4*
20 56
44
20-56
44
12-55

.

.

Berlin
Frankfort...

Vienna

Antwerp.

Sight.

12 27s
12 1

...

® 12-338

.Tune
June
J une

25"433t@25-4.’'3i
Short. 25-I7k@‘->5'22k
3 W08. 25*3614@25’4 Lk
44

44

24
@241 jk
25-51 k@25*56k

44

Naples
Madrid
Cadiz
Lisbon
Alexandria.

44

46

44

46

..

44
4*

@40k
@46k

5H5J6@52k6

44

Constant’pie

New York... 60 days
Bombay .... dein’ud
44
Calcutta

Hong Kong.

m

Shanghai....

....

m

mm

»

Is.
Is.

Latest
Date.

'012*2
020-59
@20 60
@20-60
@12-60

44

Paris
Paris
St. Petersb’g
Genoa




Rate.

EXCHANGE ON LONDON.

7!ied.
7tlbd.

June
June

June
June
June
June
June
June
June
June
June
June
Juue
June
.June
June
Juue
June
.June

Time.

5 Short.
5
5 Short.
44
5
44
5
44
5
44
5
5 Checks
5
5
5 Short.
5
5 3 mos.
5
5

Rale.
12 06

....

20-43
20-40
2045
12-43
25-28
25-20

mos.

463* p. c.
2k p. c.
lOOxd.

37s. 7d.

5i6isd.

353* p.
^

c.

4 p. o.

lOO^xd.
43s. 5d.
5kd.

12.902,233

23,141,908
43k p.c.
3 p. c.

lOO^xd.
47s. 7d.
6kd.

10kd.

100,780,000

steamer io

Buenos

inquired for. and £15,000 goes by the P. <fc O.

Bombay, while toe Orion has taken £50,000 in sovereigns to

Ayres.

The Bank has sold during the week £100,006, and has

received £95,000. The. Aconeagua brought £22,0oO from Chile, the
Sesostris £30.000, the Trent £17,000 from River Plate—total, £69,000.
The Sydney, from Melbourne, is reported at Marseilles with £250,000
on board.
Silver again gave way after our last, and some amounts were sold at
the end of the week at 49 kd.; subsequently, pending the weekly sales
by the India Council, only 49d. was obtainable, and to-day, with harder
rates we quote 49kftd. to 49kd. The Ems from New York, brought

about £10,0u0; the Aconcagua, from Chile, about £55,000, and the
Roslin Castle, from Cape, about £10,000, chiefly in coiu—total. £75,000.
The Surat takes £64,500 to Bombay aud the Chusan £42,600 to Cal¬
cutta.

Mexican dollars have not been dealt in since our last, and the quota¬
tion remains nominal. The Parramatta, sailing to-day, takes £^6,040
to China and the Straits.

£2,171,000 treasury bills were received at the

Bank of England, and the whole amount was allotted in three
months bills, tenders at £99 15s. 5J. receiving about 68 per

The average rate was 15s. 8d. percent.
maturing were placed in March last at an average of

cent; above, in full.
The bills

5

5 3

24,507,463 20,826,982

13.774.159
20.775,435

Pixley & Abell report as follows on the state of the.

Tenders for

46 90

14,533,758

13,834.923
23,467,703
10,943,667

6.256,921
23,296.332

bullion market:
Gold lias been slightly

RATES OF EXCHANGE AT LONDON AND ON LONDON

12,501.919
21,737,571

7,725,622
22,703,78 5

lOd.
9kd."
978d.
Clearing-House ret’n. 117,446,000 122,052,000 107,085,000
Messrs.

JEjft o iictartjs ©0 mmetxtal ^uqUbU Uteurs

50-51 p. c.

8,891.131
22,137,139

110-87

5 60 day i-

4’8tt-k

ft tel. tsfs
44
5
5 4 mos.
4*
5

Is. 678d.
Is. 62932d.
3s. 6kd.
4s. 10kd.

£3 Is. 9d. p. c.

£i,500,000 has proved to be a great
success.
applications amounted to £6,800,000, at prices
varying from the minimum of 97% p. c. to £100 15s. 6d, p. c
The New Zealand loan for
The

June 20,

733

THE CHRONICLE.

1885.]

will receive about 34 p. c. of the should be verified it is quite possible that later in the season a
higher level of prices may be instituted, more particularly as
amount applied for, and those above that price in full. The our own
crop, owing to the reduced acreage unaer cultivation,
average price obtained for the stock was £100 6s. 2d. p. c.
cannot be a large one.
The quantity of wheat and flour afloat
Tenders are also invited for two other New Zealand issues, to the United Kingdom is now estimated at 3,034,000 quarters,
namely, £100,000 4 p. c. debentures of the Grey mouth Harbor against 2,095,000 quarters last year.
The following return shows the extent of the imports of
B ard, the minimum price being 95 p. c., and £150,000 4 p. c.
cereal produce into the United Kingdom during the thirtydebentures of the Westport Harbor Board, at a minimum of nine weeks of the season, the sales of home-grown produce,
the average prices realized, and other items, compared with
95 p. c.
The Board of Trade returns issued to-day for May and the last season;
IMPOSTS.
five months are again disappointing.
Both imports and
1884-5.
1883-4.
1882-3. ‘
1881-2.
cwt. 38,909,183 38,765,719 48,749,689 44,346,603
exports show a further falling off, and it is clear that trade Wheat
Barley
13,350,137 12,423,930 13,600,276 10,708,968
during the past month has been far from brisk. The defic¬ Oats
9,298,245
8,600,923 10,926,268 10,862,103
Peas
1,455,469
1,450,252
1,345,494
1,668,484
iency in the imports for the month has been £1,542,751 and Beans
2,489,068
1,925,938
2,044,449
1,352,577
for the five months £7,059,322.
In the exports the loss is Indian oorn
19,327,564 19,803,368 15,438,124 16.420,855
Flour
13,167,985 11,434,709 13,182,335
7,085,587
£3,712,221 for May and £10,291,200 for the five months. As
Supplies available for consumption (exclusive of stocks on
regards the exports of foreign and colonial produce, there is a September 1) in thirty-nine weeks:
•decrease of £2,129,544 for the month and £2,925,027 for the
1884-5.
1883-4.
1882-3.
1881-2.
Tenders at £100 3s. 6d.

five months.

imports into and exports from the ‘United Kingdom
during May and the five months were:
The

/—Exports Foreign <£

Exports British <£
/—Total

May.

Imports.—.
5 Months.

1683..... 36.257,443
1864
33,201,114
1885
31,058,363

The

following

96,971,999
80,080,799

19,857,338
17,145,117

are some

£

24,851,000
27,190,307
24,205,280

3,983,000
6,303,042
4,234,093

96,931,963

19,499,565

180,555,412
169,958,239
162,898,917

£

£

&

5 Months.

May.

5 Months.

May.

£

£

Colonial Mer'dse.—

Ir ish Prod acts.—.

Imports of wheat, cwt.38,909,183
Imports of flour
13,167,985

38,765,719 48,749,689 44,346,603
11,434,703 13,182,385
7,085,587
33,778,819 35,735,800 28.631,500

home-grown..34,121,371

Sales of

Total
86,198,539 83,979,247 97,687,874
The extent of the sales of home-grown wheat,
oats in the leading markets of England and Wales

80,063,690

barley and

during the
thirty-nine weeks of the season, together with the average
prices realized, compared with the previous season, are shown
in the

following statement:

of the leading items of imports and
1883-84.

1984-85.

exports:

1882-83.

IMPORTS.

1883.

1884.

Cwts.

Cwts

Cotton.
From United States—May
5 months...
All countries—Ma}'
5 months
Wheat.

952,287
6,291,850
1,305,215
8,286,143

United States—Atl. ports—May.

1,389,165

5 months
Pacilic ports—May
5 months
All countries—May
5 months
Flour.
Unitea States—May
5 months
All countries—May
5 months

6,523,349

1,514,507
6,926,266
5,8U6,633
24,635,270

857,296
5,701,963

1,295,596
7,870,517

•

1885.
Cwts.

447,773
5,759,437

944,789
8,180,968

396,951
5,016,239
765,042

6,915,553

5,099,922

878,799
5,763,658
1,493,597
7,021,419

4,015,168

5,732,470

17,019,421

22,662,476

991,566
4,400,220
1,342,420
6,290,804

1,535,040

3,661,686
5,457,140
938,643

6,323,528
1,888,9

8,048,929

Av'ge

Sales.

2,378,832 34

d.
1

2,948,581 31
265,885 20

2
4

s.

Wheat,

qrs

Barley
Oats

Sales.

Price

Av'ge
s.

Av'ge

Sales.

Price

Price

d.

8.

2,356,127 38 10 2,056,748 41
3,04.6,795 32 0 1,939,73 2 33
330,651 20

246,696 21

0

d.
6
7
2

Converting quarters of wheat into cwts., the totals for the
kingdom are estimated as follows:

whole

1884-5.
cwt. 34,121,371

Wheat

Financial

English

The
are

1881-2.

1882-3.

1883-4.

35,735,800 28,631,50 0

33,778,819

Markets—Per

Cable.

daily closing quotations for securities, &c., at London
as follows for the week ending June 19:

reported bv cable

EXPORTS TO UNITED STATES

Cotton piece
Linen

3,311,600

goods—May

5 months

...

3.186,900

piece goods—May

5 months

27,364,500

...

35,346,000

104,800

Woolen fabrics—May
5 months...

Worsted fabrics— May
5 months...

The movements in the

2,308,600
1,547, \ 00

12,737,400

4,076,000

25,975,800
4,010,600
33,581,400
264,300
'2,286,300
2,356,100

16,258,000

3,123,600
23,“32,800
3.750.900
30,058,600
153,000
1,865,800
1.979.900
12,994,000

precious metals have been as follows

To and from

aXt Countries.

To and from United States.

GOLD.

1883.
£
613.594

1884.
£

1885.

1883.

£

£

1884.

400

5.494,546
266,897

1,192

Exports in May....

2,108.910
356,509

5 months....

2,914,324

5,220,830 2,033,701

459,785

Do
Do

5 months....

1

£

849,407
855,285

1,095,825
5,013,040

Smooths....
Exports in May....
Do 5 months....
Do

806,909
854,245
4,210,033 3,971,559
828,605 1,163,918
3,093,585 4,386,042 4,605,945
420,417
3,935.846
522,567

100,739

30,100

190,058

319,034

1,074,903

1,220,010

48,050

8,002

01

has had

a

good

vegetation. Warm sunshine has alternated with
refreshing rains and the growth of the crops has been stimu¬
lated. There is no doubt that some lost ground has been
recovered, but affairs generally remain very backward for the
time of year and the weather will^have to be exceptionally
effect upon

fOvorable and settled for the harvest to be otherwise than late.

grain trade remains much in the same position it occu¬
pied a week ago.
Business has throughout been of an
extremely moderate character, purchases being mostly from
The

hand-to-mouth.

Values have ruled weak.

Wheat may be

written 6d. to Is. per qr. lower where sales were pressed, but
an actual decline was not general.
The firmer tone reported

from New York no doubt had something to do with checking
the heaviness here, but there was no real life in the trade.

this week. A falling off
reported in the American visible supply, and shipments to us
have also been materially contracted from what they were in
the preceding week. The quantity of wheat and flour on passage
to us has at the same time been reduced, although it still
remains very considerably in excess of what it was last year.
Had there, therefore, been any disposition to buy, values might
have been expected to have been maintained; but as it was busi¬
Statistics have rather favored prices

is

ness was much circumscribed, and at Mark Lane was especially
influenced by the Epsom races, which gave the markets at times

(piite a holiday appearance. Reports which reach us respect¬
ing the American crops are disappointing, and if the reports




Silver, per oz
d. 49316 493l6
99" 16
Console for money
99ke
99 k
Console for account
99916
Fr*oh rentes (In Paris) fr 92-2712 S2-45
115k
115k
U. 8. 4ks of 1891
xl253s 1253s
U. 8. 4s of 1907
40
40k
Canadian Paoiflc
69k
Chic. Mil. &St. Paul.... 685s
10
978
Erie, oommon stock
126k
126%
Illinois Central
49
49
Pennsylvania
6%
6%
Philadelphia & Heading
86k
New York Central
857a

493ia
99916
999lrt

493,e
99i‘ie
99U10

493lfl
99Hl6
99H16

81-72k 81-40

81*35

125 5a

1158s
1255s

40%

40%

70 7a

707s

1158s
1255s
405s
70i*
lOifl
127k
491s
7i8

1155s

1030
1283a
49 k
7k
87 k

10

127%
49 k
7ie

8689

|

867s

Fri.

493ig
997i6

99*i6

81-55
11530
1253s
41

701*
10k
12810
4018
7k
88i*

®0romjetxial and JUtsceUauccrus it curs
Imports and Exports for the

Week.—The imports of last

of the preceding week, show an
increase in dry goods and a decrease in general merchandise.
The total imports were $7,002,822, against $7,075,787 the pre¬
ceding week and $6,240,334 two weeks previous. The exports
week, compared with those

102,202
1,220,901

A week of favorable weather for the crops

Wed.

100,009

SILVER.

Imports in May....

Tues.

Sat.

1885.

£

2,177,084

1.507,067
7,000.672
1,506,523

Imports in May....

Thurs.

Mon.

1885.
Yards

1884.
Yards.

1883.
Yards.

for the week ended June 16 amounted to $6,040,368, against
$6,058,749 last week and $5,436,259 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) June 11 and for the week ending (for general
merchandise) June 12 ; also totals since the beginning of the

first week in January:
TORSION IMPORTS

For Week.

Dry Goods
Geu’lmer’dise..

Total

At NEW YORK.
1885.

1884.

1882.

1883.

$1,879,148

$1,409,610
9,020,669

$1,697,280
6,326,143

$1,197,676

9,038,976

$10,918,124

$10,430,279

$8,023,423

$7,002,822

$63,251,229
174,862,887

$56,979,113

$55,154,595
152,076,604

$45,309,815
129,207,748

5,805,146

Since Jan. 1.

Dry Goods

Gen’l mer’dise..
Total 24 weeks.

154,077,885

$238,114,116 $211,056,998 $207,231,199 $174,517,563

In our report of the dry goods trade will be found the im ports of dry goods for one week later.
The following is a statement of the exports (exclusive of

specie) from the port of New York to foreign ports for
week ending June 16, 1885, and from January 1 to date:
EXPORTS

FROM NEW YORK FOR THE WEEK..

1882.
For tlie week...
Prev. reported..

the

$7,031,879
140,367,151

1883.

$7,153,823
157,145,209

1885.

1884.

$6,389,200

131,854,272

$6,040,368
146,881,172

Total 24 weeks. $147,402,030 $164,299,032 $138,243,472 $152,921,540

of specie
ending June 13, and
periods in

The following table shows the exports and imports
at the port of New York for the week
since January 1, 1885, and for the corresponding

1884 and 1883:

THE CHRONICLE.

734

The bonds will

SPECIE AT NEW YORK.

EXPORTS AND IMPORTS OP

Imports.

a old.

Prance

1,412,991

63,001

32,196

Germany
West Indies

5,426,112

10,670
1.59S

153,625
213,216

5.355

$89,696

*6.129.816

$17,623

69,240
46,440

37,617,329
217,190

26,943

$308,900

$6,535,728

$

28,285
1,647

285,9.*0

Mexico

Boath America
All other countries...

50,000

Tetal 1885
Total 1884
Total 1883

8.053

Silver.
Great Britain

France
German/

West Indies
Mexico
South America
All other countries...

78,908
191,631

30,163

6,235

1,650

2,486

.

Total 1885
Total 1884.
Total 1883

3,GUO

406,124

$342,432
254,226

$7,504,616

831,299

6.347,524
6,352,021

62,678

62,430

cent interest in

except for renewals of bonds falling due. A
thus offered to investors, See advertisement.

$

$

$264,300
9,562

Great Britain

Since Jan. 1.

Week.

Since Jan.1.

Week.

twenty years and will bear either3*65 or 4

run

gold, as the purchasers may elect in their
bids. These bonds-are issued to pay the old debt due the St.
Louis Gaslight Co., and are the best bonds the city can issue,
per

Exports.

[Vol. XL.

choice bond is

—The Territory of Dakota, which will no doubt soon be the
flourishing State of Dakota, offers a small issue of bonds
mostly for school, college and hospital purposes. These bonds*
bear 6 per cent
interest and run generally 20 years, with
options on ^various classes to redeem at earlier • periods, as
$5,342,040 stated in the advertisement on another page.
This is an
3.867,702
exceptional
of
bonds,
and
proposals
be
received
at
lot
_will
4,804,127
the Treasurer's office till July 7.
—The Secretary of the Guarantee Company of North America
$24,332
76
(incorporated and having the head office in Canada) suggests
that his company could prosecute absconding bank officers in
219,987
Canada, if such officials were insured by his company. He says
181,199
372.167
they could effect an arrest on a warrant obtained in a civil suit
5,508 brought against them for debt by the company as his injured
surety. And a debtor’s jail is not much pleasanter than that
$803,269
1.837,974 for criminals,, while quite as difficult to get released from.
3,003,055
640,755
22,702
199,270
63.267

26.571

1.998.360

—It is said that a large number of the Union National Bank
for the week in 1885, ^11,019 were shareholders do not approve the proposition that the bank
American gold coin and $15,101 American silver coin. Of the should go into liquidation, and when it comes to a vote the
exports during the same time, $50,000 were American gold coin project may be defeated. Those opposing liquidation express
themselves satisfied with the bank’s business and the returns
and $24,800 American silver coin.
they are receiving in the way of dividends.
In the past
Foreign Trade of New York—Monthly Statement.—In twenty
years the shareholders have received the sum of
addition to the foregoing tables, made up from weekly returns, $2,898,000, and the capital has been reduced $300,000; and those
we give the following figures for the full months, also issued
opposing liquidation can see no reason why the future should
by our New York Custom House. The first statement covers not be as prosperous as the past,
the total imports of merchandise.
—The firm of P. W. Gallaudet & Co. was organized in 1857
IMPORTS INTO NEW YOP.K.
and has had an uninterrupted and successful career for nearly
thirty years. Besides being one of the most prominent deal¬
18S4.
1885.
ers in
commercial paper, they buy and sell on commission
i
General
bonds and all'investment securities dealt in at the New
stocks,
Months.
General
j
Dry
Dry
Total.
Merchan¬
York Stock Exchange.
Jlerchan- !
Total.
;
Tlieir business card will be found in
Goods.
Goods.
Of

the

above imports

i

dise.

j

*

i

S
January....

February

..

March

10,8 OS,800

10,214,498

10,385,689

April

6.262,984

May

5,245,225

Total....

dise.

i|

$

*
26,398,814

17,648,208.' 28,457,008., 13,598,S90
18,630,822 28,845,320 j 11,397,824

25,261,039j

35,610,728,

22,856,630j

28,101,855;]1

25,996,497

32,259,48b

42.917.196 110,393.196' 158,310,392

39,997,704

39,573,030
42,713.489
25,759,735 35,557.930
32,710,823 38,471,226

28,175,206
31,394,061

11,319,42 S
9,798,203
5,754.403

51,868.748 144,444,639 196,313,387

CUSTOMS RECEIPTS.

EXPORTS FROM NEW YORK.
Total Merchandise.

the Chronicle.

*

'

'

Months.

Months.
1885.

January
March

April
May
Tota»

*
32,718,154

1884.

*

1885.

j;

!•

1

26,792,7S5| January
23,715,450 23,536,860, February
26,137,314 23,097,998! j March
26,967,843 23,835,838) April.*
28,341,980

j

-

$

10,299,908
10,456,958

11,762,029
12,064,811

11,277,042

11,436,780
9,840,822

9,977,753
9,520,647

24,063,269! May

1884.

9,299,287

.

137,880.747 121 326,750

'

51.532,308

Total

Ohio State Bonds.—A dispatch

at par.

—The City of
chance to get a

At Xew York.

i

—The Staten Island Transit Company has been one of the
enterprises pushed right on in dull times, and now, with its
road well under way, it offers $400,000 of 6 per cent bonds to
be used in completing the road from Clifton to opposite Elizabetliport. The peculiar strength of these bonds is set forth in
the advertisement.
Messrs. H. L. Horton & Co. offer them

54,403,733

from Columbus, June 18,

St. Paul offers to the investing public a rare
first-class city bond bearing 5 per cent and

running thirty years. Proposals for $200,000 will be received
by the Comptroller at St. Paul until the 25th day of June,
See advertisement.

1885.

—The Homestake Mining Company has declared the usual
dividend ($37,500) for May, payable at the company's office,
San Francisco, or at the transfer agency, Mills Building, in
this city, by Messrs. Lounsbery & Co., on the 25th inst.
—Attention is called to the advertisement of Mr. John B.
Manning, of 14 Wall Street, regarding coupons of Tennessee
bonds.

disapproved the contract of the
Auction Sales.—The following were sold at auction lately
with Netter, of Cincinnati, and
Borg, cf New York, to exchange $2,100,000 of State 0 per cent by Messrs Adrian H. Muller & Son:
Bonds.
bonds, maturing December, 1886, for State bonds bearing
Shares.
$5,000 State of Mo. (Platte
10 Continental Fire Ins. Co.220
3 65-100\>er cent, to run from seven to twenty-five years. The
Co. RR ) 6s 30-year, due ’89
6 Shoe A Leather Nat. B’k.131

says : “ Gov. Hoadley to-day
State Sinking Fund Commission

the State could do better.”
Texas <fc St. Louis.—At the hearing before Judge Pardee in
New Orleans June 15, he declined to postpone the sale of the
Texas Division ordered to be made on Aug. 4.
Tennessee Bonds.—Mr. John B. Manning received advices
from Nashville early in the week that there had been issued to
that time Tennessee settlement 3 per cents, $5,470,000; 5 and
(> per cents, $960,000.
Thus retiring about $12,140,000 of the
old debt, or very nearly one-half.
Papers are being prepared
to have the “ Settlements ” listed on the New York Stock
Governor says

Exchange.
—The Connecticut Mutual Insurance

great push towards

Company has made a

conservatism in life insurance, which

that the company has taken ground which it believes
will render its policy-holders mo3t secure in their contract, and
most certain to get their money paid when it becomes due. A
means

good thing in its policies is the plain business statement of the
amount they will insure the holders as paid-up policies in case
payment of premiums should cease at any time. See the
advertisement in another column.

—The published statement that the resignation of Mr.Frederic
Taylor as cashier of the Continental National Bank was due
to personal differences is denied by Mr. Taylor and by the
bank.
Mr. Taylor will continue a director of the bank,
a position which he occupied for some years before he became
cashier.
Mr. Taylor has for some time contemplated engaging
in active ousiness. Mr. Alfred H. Timpson, assistant cashier,
who has been connected with the bank for twenty-eight years,
succeeds Mr. Taylor, and Mr. Theodore F. Quintard, chief ac¬
countant, who has served the bank for twenty-five years, has

been made assistant cashier.
—St. Louis City gold bonds to the
offered for sale, and proposals will be
Commerce in New York till June 22, or




amount of $965,000 are
received at the Bank of
in St. Louis till June 25.

lo Manufacturers’ A Build¬
ers’ Fire Ins. Co
105
200 Broadway Nat. Bank
265
50 U.8. Nat. Bank
120
163 Corn Exch. Bank.. 155%-l 00%
70 Bank of New York.... 167-163

1,000 N. Y. Heat, Light and

$65 for lot
Power Co
10 Real Estate and Auction
Room (Limited)
93
150 Bankers and Merchants’
1 ,
Tel. Co
19 Lehigh Valley RR. Co...115%
100 American Contracting A

82

Dredging Co

119
5 Clinton Fire Ins. Co
25 Fulton
Municipal Gas-

Light Co. of

Brooklyn.. 160

10 Brush Electric Illuminat¬

ing Co. of N. Y

.

55

foriot

100 Silver Cliff Min’g Co..$8
107 N. J. Central Land Im¬

12*4

provement Co

50 Canton Land Co. of Balt. 42*4
50 Seventh Ward Nat. B’k. .100*2
200 East River Nat. Bank... 124%
30 Dry Dock E. B’dway A

Battery RR. Co ...201-201%
Land Im¬

48 Central N. J.

11*4

provement Co

136 Citizens’ Gas Light Co.
of Brooklyn
87^
25 N. Y. Mutual Gas L’t Co. 13 1 34
100 Fulton Municipal Gas Lt.159*4
10
50
38
20
25

Eighth Av. RR. Co

253

U. S Trust Co
461-166
127*4
U. 8. Fire Ins. Co
Am. Loan A Trust Co
1073*
Bank of Manhattan Co.. 135*2
Bonds.

$1,000 State of Missouri (Pac.
RR.) 6s, due Jan. 1886 and
1889
104*4-112 *4
$2,000 Decatur A E. St. Louis
RR. 7s S. F., due 1889
92
*

and ’90

$1,000 State of Mo. 6s consol.,
due 1888

111%
’
108%

$15,000 Harrison Wire Co. of
Louis 1st M. 7s.
1884, coupons on

St.

June,

34

$30,000 Bankers’ & Merchts.’
Tel. Co. 6s. gen. inert
5%
$5,000 Broadway & Seventh
Av. RR. Co. 1st M. 5s, due
1904
108 %
$5,000 Jersey City 6s Water
109% A int.
bonds, due 1909
$2,140 Atlantic Mutual Ins.
Co. Scrip.
103%
$1,000 Pacific RR. of Missouri
(Carondelet Br.) 1st M. |6s,
due 1893
69
$1,200 St. Louis & San Fran¬
cisco RR. and Land Bonds,
due 1906
97%
$340 Miss. Kans. A Texas RR.
2d M. 6s int. cert, for int.

from Oct. 1, 1879, to
April 1, 1885
40%
$15 N. J. Land Imp. Co. scrip 15
$1,500 City of Memphis.Tenn.
Compromise of 1883, duo
1913
74 ,
$3,000 City of Mompli..Tenn.f
Compromise of 1878, due
1907
76%
$1,090 L. I. City 6s Funded
Debt, due 1914
...93% A int.
$5,000 Second Av. RR. Co. 5s,
consol. M., due 1910. ..108 A int.
$10,000 Jersey City 6s Water
Bds due 1909
I0S%Aint.
$3,500 N. Y. Go. 7s accumu¬
lated debt, due ’8 >...105% & int.
$1,000 Quincy & M >. .Pacific
coup,

,

1st M. 6s Jan., ’84, coups on

$3,000 State of N. C. Cs, dui
1886, 1887 and 1388. Jan.
1869, coupons on

68%

33%

1 Interest
Periods.

%Xtz JBauhers7 (Sa^ctte.
The following dividends have

recently been announced:
*

Name of Company.

PfiT*
cent

j

Railroads.
Boston Revere B. & Lynn

3
4
2

Flint & Pere Marquette, pref
Northern Central
St. Paul & Dulutli, pref
Banks.
Banlr of Commerce
Bank of New York, N. B. A
Hanover National
Mercantile National

4

3%
4
5

_

3%
3

When

Books Closed.

Payable.

(Days inclusive.)

July
July
July
July
July

1 Time 21 to
1 Jiuipi 21 to
15 June 23 to

July 15
1 to
15 July
1 June 23 to June 30

July
July
J uly
July

6
1 June 19 to July 5
1 June 20 to Juue 30
1 June 26 to June 30

FRIDAY, JUNE 19.

YORK,

The Money Market and Financial

coup.iQ

4%s, 1891
4a, 1907
4e, 1907

1SS5-5 1*. M.

reg.jQ

coup. Q
3s, option U. 8—reg.lQ
6s,our'cy, '95—reg.1.1
6a, our’oy, ’96—reg.jJ
6s, cnr'oy, '97—reg.iJ
69,our'oy, '98—reg.iJ
6«,cnr'oy. '99.. .ree.J
This is the price bid at the
*

year.

15.

| 16.

*11258 112% 112%
11258; 112% 112%;
122V 12238 122*2;
*123*4 123%! 123%
*104*4 *104*4*104*4
*127*2 l127V*l127*2
___

*129
*131

*133%

June
17.

June

June
18.

June
19.

112% 112%
112% 41258 *112%
122% *1223s 122%
123 *9! 12338 12.3%
10130 104 j*103%
127*2 *127 i*127
*129
1*129
i *129

*129
129
131
*131
431
130*4
j
433 V1133% 133% *133%j*133*4

*130%|

*135*«. 135*2, 134% *13434 *134%i*134%

morning board; no sale was made.

United States Sub-Treasury.—The following table shows
the receipts and payments at the Sub-Treasury in this city,
as well as the balances in the same, for each day of the past
week:
Balances.

Date.

Receipts.

Situation.—The crop

reports appear to be good on everything except winter wheat;
barley, oats, Ac., are fine, and com is fairly promising, with an
increased acreage in several of the large States.
The outlook
for a heavy crop of cotton was never better at this period of the

i

13.

!

reg.Q

4 **8,1891

dividends.

NEW

735

THE CHRONICLE

June 20, 1885.J

(

$
Junel3.
“

“
“

15.
16.
17.

“

IS.

“

19.

Payments.

Coin.

Currency.
*

1,326.0>4 87
1,523,908 01

1.018,965 38 149,490,596 66 2?,181,177 07
*1,424,666 87|149,831,698 35 21,939.314 52

1.491,416 46
987,605 24
1,093,061 74
1,282,089 46

1,417,449 33,150,942,832 03 20,905,263 84
1,014,560 09 151.286,251 45 20,640,346 07
1,034,419 561151,(399.635 75120,424,630 07

984,439 37 150,631,940 43121,645,999 53

Dispatches from Pittsburg state that 25 iron mills in that city Total...
0,944,550 60!
7,704,173 78
have resumed operations, and it is believed that three-fourths
Includes $1.00,0 jO gold certificates taken out of cash.
of the mills in the district will be running within the week.
State and Railroad Bonds.—The transactions in State
At the Stock Exchange there lias been more animation and
bonds have been as follows: $15,000 North Carolina 6s, 1919,
buoyancy in prices than has been seen in months before. In at 110^—111£; $5,000 do. Os, Chatham Railroad issue, at 4;.
some stocks there are undoubtedly speculative pools which have
$23,500 do. consol. 4s at 88; $13,000 Missouri Gs, 1S88, at 109;
helped the advance in prices, but aside from this there has evi¬ $61,000 Tennessee Gs at 474-—47£; $05,500 do. compromise
dently been more general support than usual, and apparently a bonds at 55 J-—554; $5,000 Alabama Class A at 90£; $5,000
more confident tone.
*

The most

significant move in the market, and what certainly
would appear to have some unexplained force back of it, is the
cotemporaneous advance in Vanderbilt stocks and West Shore
bonds.
During tlie six months or more that the market has
been hangingonthe cliangingaspectsof the West Shore—Central
imbroglio, there has been no such strength or large transac¬
tions in the bonds accompanied by a rise in Central stock.
Now, too, the movement excites more interest from the fact
that it sprung up on an insufferably dull market, and the ordi¬
nary causes assigned for it of “a speculative move” or "‘cover¬
ing short sales,” are altogether insufficient and unsatisfactory.
Kates for call loans during tlie week on stock and bond col¬
laterals have ranged at Jr@H-per cent, and to-day at 1@1J- per
cent.
Prime commercial paper is quoted at 3@4 per cent.
The Bank of England weekly statement on Thursday showed
a gain in specie of £737,117, and the percentage of reserve to
liabilities was 52i, against 51 1-16 last week; the discount
rate remains at 2 per cent.
The Bank of France gained
9,725,000 francs in gold and 3,419,000 francs in silver.
The New York Clearing House banks, in their statement of
June 13, showed an increase in surplus reserve of $1,902,200
the total surplus being $01,979,925, against $00,017,725 the
previous week.
The following table shows tlie changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
1885.
June 13.

Differences fr'm
Previous Week.

Doans and dis. $’96,837,300 Tnc

Specie
Circulation...
Net

deposits..
Legal tenders.
Legal reserve

115,183,200 f

no

10.137.600 Inc

367,595,500 luc
33,655,o00 Inc

1884.
June 14.

1883.
June 16.

$530,100 $295,833,200 $321,748,100
583,100
48.687,400
62,269,800
21,100
14,311,100
15,802,400
3.381,200

2,224,400

231,111,600
28,577,000

317,690,200

$79,422,550
88,213,600
$8,791,050

Reserve held.

$91,898,875 Inc
153,878,800 Inc

2,807,500

$70,277,900
77,264,400

Surplus

$61,979,925 fne .$1,962,200

$6,986,560

$845,300

25,913,800

Exchange.—Sterling exchange lias been generally steady at
the lower figures, without exhibiting any particular activity, and
posted rates remain unchanged as quoted last week.
To-day the rate3 on actual business were as follows, viz.:
Bankers’GO days’sterling,4 85£@4 85£; demand, 4 8G}@4 8G£.
Cables, 4 8G^@4 80:]. Commercial bills were 4 83£@4 84. Con¬
tinental bills were : Francs, 5 19|@5 20 and 5 16£@5 17£:
reiehuiarks, 94|@94|- and 95£@9o|; guilders, 40@40£ and
40i@40f.
The following were the rates of domestic, exchange on New
York at the under-mentioned cities to-day: Savannah, buying
par, selling
premium ; Charleston, buying ■§■ pr<>
mium, selling 3-10@i premium; Boston, par@5 premium; New
Orleans, commercial, 150 premium; bank, 200@250 premium;
St. Louis, 100 premium ; Chicago, GO@70 premium.
The posted rates of leading bankers are as follows :
June 19.

Prime hankerfl’sterling bills on London
Prime commercial
...........

Documentary commercial
Paris (francs)........................................
Amsterdam (guilders)
....
Frankfort or Bremen (reichraarksl

Sixty Days

Demand

4 86

4 87

4 84%
4 84
5 19%

5 17%

40%

40%

95

95%

South Carolina Gs,

non-fundable, at 3|; $3,000 Arkansas 7s at
Virginia Os deferred at 5U
The railroad bond market lias been moderately active and
as a rule strong for nearly all classes.
West Shore 5s have
been very prominent for activity and strength advancing to
874 and closing at 37^, against 34^ last Friday.
Erie 2ds have
also been active and strong, closing at 50] , against 48 last week.
New York Chicago A St. Louis lsts have risen sharply and
close at 78, against 70£; Missouri Pacificists consols at 100r
against 98; Missouri Kansas A Texas general 5s at 001, against
594; do. general 6s at 73J, against 721; Atlantic A Pacific lsts
at 75, against 74; Northern Pacific lsts, coup., at 105]-, against
1041; Mutual Union Telegraph 6s at 691, against 671; Metro¬
politan Elevated lsts at 112.4, against 1124; do. 2nds at 1014r
against 99J; St. Paul, Chicago A Pacific Western Division lsts,
at 991, against 98]; Wabash, Chicago Division lsts, have fur¬
ther declined and close at 435, against 721; East Tennessee 5s
close at 48, against 471.
13, and $10,000

Miscellaneous Stocks.—A decidedly im¬
be reported in the Stock Exchange transac¬
tions for the past week, both in the volume of business and in
the course of prices.
Though there has at no time been any
great degree of activity in the dealings, yet tlie market has
been lifted from the extreme stagnation of the last few weeks,
and prices have been generally strong and improving with
only occasional reactions, caused by the inevitable realizations
which are sure to take place under the circumstances.
Therise has not been accompanied, however, by any news of im¬
portance as to improved conditions, yet there seems to exist a
more
confident feeling among dealers, and bulls have been
able to put up prices on moderate transactions.
Among the favorable features lias been the fact that the
shortage in wheat would not atTect the earnings of the North¬
western roads, as they depend more largely on the springwheat crop, in which there is no apparent shortage, and oil
corn, oats, Ac., which are promising; the grangers have
consequently been quite strong, and with tlie Vanderbilts,
Railroad and

proved tone

may

have led the advance.
Humors are circulated of a settlement
of trunk-line troubles, but as yet nothing definite has been
accomplished, except a resolution to form a money-pool on
Eastern passenger rates.
These rumors, together with the
election of Mr. Depew to the presidency of. New York Cen¬

tral, have helped to strengthen the Vanderbilt stocks, as also
large advance in West Shore bonds, which is not easily
accounted for except on the theory that heavy purchasers havebeen taking these bonds on inside information.
Pacific Mail
opened considerably lower on Saturday, June 13, on the an¬
the

nouncement of the Postmaster-General’s decision not to act
under the recent law of Congress and give increased pay to

American

steamers for carrying the mails, but it has since
nearly recovered the decline.
Lackawanna and Union Pacific have not participated in the
general strength of the market, and it has been suspected that
the pools supporting these stocks have been willing to see lower
prices, or at least have done little to support their favorites.
Jersey Central has been one of the strongest in the market,
and on Thursday advanced on the announcement that Baltimore
A Ohio had obtained from the railroad committee of the Phila¬

delphia Council a favorable report for their line through that city.
To-day, Friday, the market was active and buoyant in the
United States Bonds.—Government bonds have been quite morning, the Vanderbilt stocks and West Shore bonds leading,
and after slight reactions in the middle of the day, the last
actively dealt in the past week, with prices about steady.
The closing prices at the N. Y. Board have been as follows:
prices were strong and at or near the best figures made.




THE CHRONICLE.

736

PRICES FOR WEEK ENDING JUNE 19, AND SINCE JAN. 1, 1885.

NEW YORK STOCK EXCHANGE

HIGHEST
STOCKS.

Saturda;
Juno li

T

RAILROADS.
Albany A Susquehanna
Boston A N.Y. Air-Line, pref..
Burlington Ced.Itapids & No..
Canadian Pacific

133

Do
Do

39*2

39%

37%
3034
4%
8%
5

124
124ie
66 7s 673s

pref. 105% 10514
91%

pref.

Do

pref.

127

92 34
127 %

7114

7012
*27 34

106
9212 9314
116

*12
21

21
71*2

314
5
49
434

*412

pref.
Evansville & Terre Haute
Green Bay Winona & St. Paul.
Do

49

*3ia

514

514

5334
7514
33i*

64ia
7514
341*

3734

30%

30Ha
4 Hi

*3%

(Shares).

16

16

211a

2012
71

30

30

5
*48

5
50

4%

*3%

125

*3
*5

3*4

20

125 %

40H)

40%

40%

28 70

30
*9

31Ha

10

3734
3034
*378
*734
*414

8
8
5
*414
138
135
125
12534

76ia

512
55
76ia

34is

33%

84ia

96*2

96%

96=8

16

16

1512
3514

97
15%
35*4

5
54

751-4
33 7s

5
54

5

54i2
76

96 7a

96 7a

*125
50

50

50is

Minneapolis A St. Louis

pref..
A Texas

18

18

1734

18 %

9534
*6%

96
7

96

96

t

*122
*35

Do
pref
New York Lack. A Western...
New York Lake Erie A West’n

40%
31%
4Ha
*37a
770
7 7b
*4%
5

31

125Ha 126

125 7a

125

69
69%
IO734 108
92
93%
7e 933s

6930

08%

107 Ha 108

92%

126

128

127

127

116% 11634 116% 117
*5 Ha
*12
21
72
*30

16
21
71

8
16
21

72%

1,810
1,385

837a
*1*4
*90

8414

85

92

90

90

97s

978

*634
*1 *2
6
pref. r5%

Norfolk A Western, pref
Northern Pacific
Ohio Central

*11

Ohio A Mississippi
Ohio Southern

Oregon Short Line
Oregon A Trans-Continental...
Peoria Decatur A Evansville..
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic...

97(

Do
pref
St. Louis A San Francisco
Do
pref..
1st prof.
Do
St. Paul A Duluth
Do
pref
St. Paul Mlnneap. A Manitoba
South Carolina RR
Texas A Pacific
Union Pacific
Wabash St. Louis A Pacific
Do
pref.
..

12

10
5 Ha
54 Ha

*75 Ha
33 %
*20

76Ha

96Ha

96Ha

8
16

21%

21Ha

72

72 Ha

'Too

*3

Colorado Coal A Iron
Consolidated Gas Co
Delaware A Hudson Canal.
-

1630
383a
3Q

18%
9634
124
37

49i0
26Ha
17Ha
96*4
7
*36

8430
*134
*414
x8934
97e

8530
2is
4»a
8934

8334
*134
4 Ha

10

10

19 Hi

19%

13%
9

13*2
9%
14

1330
13434 13434

*2 34

678

67g

*5 Ha

17

17

38

38 »4

13%

13 Ha

9
14

9
14

13434 13434

3%

5534
7634
34 Hs

33Ha

34
24

*20

97

1638

I6I0
39Hj
3a

16 Ha
38%

1334

13

4

55%

57 Hi

*76Hi
33Ha

77Ha
34i8

97 Ha

97 Ha
16-%

144,380
1,250
250
200
500
8

1,800
1,490

13 Ha
*9
14
134 78

48'
18 Ha
*2 34

2 34

19 %

*17%

19%

*30

33

19
32

*81*2

83

82%

32%
8234

88*4

89

88 Ha

88 Ha

11*8

113

53 %

5334

3%

3%

*7%

9

23
61*4

23
61%

13=8
9 Ha
1430

-

1314
94
137a

134 78

48

18 Ha

9734

52%

*125Ha
5134

1134

1134

*HHa

17%
96*4
7

*26

*26
17 Ha
-

173a
96%

18

108

5,073
200
100

81% 124
149%
117
100% 12634
6
13%
9
19
16% 35
29
21% 38%
80 34 100
91% Feb. 25
28
69%
38
Feb. 24
141
May 5 125% 141
__

8

96%
*6%

9834

2
6

16 7a
3834

1334

16%

16%

38 fa

39%

1434

16,285
4,000
200

8
2
6
17

7Ha
*lHa
*5 Ha

1134
5334

12
54 Hi

*19
*32
83

*47 Hi
*18

1434

1630
167a
3934

100
500
110

3,998
300
5
632
400

15

15

2
6

88 34
7

1134
53Ha
*2 Ha
*7 Ha

83*4

89 3@

*88

33

7%
11 70
54-30
3 Hi
9

1134
517a
*2 Ha
*7 Ha

1334

13-30 1334
"9
Oh
14i@ 14%
14%
134-30 134-i0
1334
9 Ha

50
20

49 Ha
20

49
*18

3%

*234

*17
*30
*81

19Ha

19Hi
33
84

345

1,525
8,059
611
500

*18
*30
83

9 Hi

14*4

14

5,275

9 Ha
14 Ha

1,320
4,210

*49

50

*18Ha
*2 34

20

10%

1078

10 78

107s

94 Ha

9430

94a4

78%

78*2

7834
23Ha

79 %
23Ha

7870

7930
23 Ha

5334

54%

Quicksilver Mining Co

*3

5

*2234
61%

27
6134

23 Ha

18
*30
*82

" lO^
33
83

Wells, Fargo A Co.
INACTIVE STOCKS.

Jan.

300
200
920

18
' 32 Ha
84

90

89

7s

917e

3,740

11%
53 Ha
3
814

1134

1178

HHa

52

53

52%
314

11%
53-30
334

8,052
91,090

7

7

3j4

200

334

*135
140
96ia 97
52
5214
*110
111

62

*22 34

6134

623g

6214
137

95Ha

110% 110*4

*10
9434
78i0

11
95
78Hi

11

9478
78-i@

30
63
137

96

52
52
110 Hi HO Ha

*3
*20

6134

5
26

62 7a

*3
*22 34

6214

Topeka A Santa Fe..

Columbus Chic. A Ind. Centr’l
Joliet A Chicago
Louisiana A Missouri River...
*144
New York Elevated
United Co’s of New Jersey...
Warren
Canton Co

*144

*118

Consolidation Coal

Mining Co
Maryland Coal

Homeatake

62-38

/.

5

30
63

95
79

■

HHa
9534

79=8

73Hs 75
53Ha 54-i8
...118
*3
5

*2234
62%

4% Jan. 27
16% Juuel9
Jau. 17
36% Jan. 29
% June 3
10% May 4
15

.

*135
*93
*51
111

140
95
53
111

8

21
1034 Apr. 8
734 June 9
13
May 29

17
15

25
530

10
51

200
430

37,687
362

66,464

2

May

1

8
Apr. 30
May 12

Feb. 26
77% Feb. 7
79-'% Jan.
2
7
Junel6
9% Apr. 8
Mar. 21
41
2

2,040
3,242
6,680

Jau.

17% May
30
79
21

Apr. 30
6% May
Lay 7
Mar. 28
Jan. 27

May

Ontario Silver Mining

sale was made at the Board,

30
3%
185
20
110

70
9

2

Jau.
Jan.
Feb.
Feb.
Jan.

Apr.

78%

61%

64%

83% 122%
4
10%
7% 20

8

Jan.

Feb. 20

Mar. 16

134 Jan.
19
12
21
15

28%
71%
17%

2

Jan. 14
Mar. 19

4%
17
14
37%
1

14%
5

18
42
27

6-7%
4%

25%
1134

834 24
Apr. 27
6% 34%
Apr. 29
7
17%
15% Feb. 27
19
Jan.
2
16% 60%
136
119%
135% June 4
129% Apr. 20
146%
I I334 May 21 138
5
2%
2% Jan. 17
61
32
54
Mar. 9
32
12
26% Mar. 11
4
Mar. 6
1% 16%
24
14
19
Feb. 20
60
18
25
Feb. 26
96
70
11% 29
21
Feb. 25
24% 50
3934 Jan. 8
96%
70
87% Jan. 10
15
3234
24
Feb. 27
90
65
82
May 14
76% 99
91% JunelO
11
9
7% Junel6
5% 22%
13% Feb. 26
28
84%
55-% May 23
4
1934
5% Jau. 7
32
9
14
Jan. 12
June 6
6230 June 19

25

4

2,111

Jan.

8

Apr. 16

Jan.
8
Mar. 19
Feb.
27
22 34
1% Feb. 6
140
May 13
Mar. 17
26
145
May 12

78
152

196
10 18
19 118
13 46
9 20
30 14

6

94

11%
20

8

2534 Feb. 26
19% Feb. 26
44

83

8.,
Apr. 30
184
May 2 175
16 34
7
Jan. 6
6
134
Feb. 28

138
2138
Apr.
Ap 30
% May 4
3 97
97%Ma
2 55
Apr. 7

6634 May 28
147
Jan. 29
20
May 15
1% Mar. 10
140
May 13
22% Mar. 4
122
Jan. 22
196
May 26
15
110
40
19
10
7%

62

22%
10

Jan.
Mar.

20 130
Jan.
111
87%Jan.
305
48
Jan.
376 104% Jan.

61
8%
200
61
140
86
20%

6% 1934
59% 10434

3 1334 Feb. 24
8
80
21 99 % May 28
66% Jan. 22 86% Apr. 15
Feb. 20
21
Jan.
3 34
Apr. 30
5934 Jan. 29 77
46 34 Mar. 21
62% Mar. 9
May 9
107% Jan. 2 120
4% Mar. 30
334 May 13
Jan. 30
30
Jam 30 30
63% Jan. 2 63 34 Feb. 10
_

8%
14%

434

95-% Feb. 25
5% Jan. 8
934 Feb. 17
90% June 8
1434 Jan. 6

Mar. 25

4

82

52
3

May 28
May 29

84Ha Jan. 2
9% May 29
18% June 9 30
12
Jan. 17 22%
175
Jan. 2 190
634 Apr. 14 12%
3
134 JUUQ 2

515
200

30

63%

7

4% May 27
Feb. 7
17

New Central Coal

the prices hid and asked; no

*144

*10Ha

1138
94 7g
7334

*135
140
137
95
95
96
53
62*2 52Ha *51
llOHa HI
11034 111

135
96

Chicago A Alton, pref
Cincinnati Sandusky A Cleve..

Virginia Midland

6230

62

2

8134 June 1
1 Ha May 5

1
May 22
44% Jau. 19
18 3g May 29
2% Mar. 11

89 Ha

53i0 5334
5318 53%
5314 54Ha
*117Ha 119
118Ha 118Ha *ll7Hall9

EXPRESS.
Adams
American
United States

June 5

6

2

94

54

Telegraph

May 29

Jan. 22
Mar. 21

100
450

'3*0*6

*17 Ha

18

7

June 1
Jan. 26

119Ha Feb. 17
120
Mar. 9
136 Ha Jan. 29

30

3

3

27 Ha Jan. 15
Jan.
90
2

10Ha
24 Ha
14 Ha
89 Ha

33

8634 133%
6% 25%

35
79
10
24
40
23
44
Mar. 7
105
85
125% June 2
5l34 94%
64% Feb. 24
44 s4
31
3434 Feb. 26
13
Feb. 26
7% 18%
17
36%
29% Feb. 20
9% 23
19% May 1
100%
63%
97% Feb. 10
6% 13
9% Feb. 25
127%
125
June 9 115
68
30
42% Feb. 27

855

89

*61

94

118

pref....

Jan.
2
22
Jan. 16
11 Ha Jau.
6
65
Jan. 15

33

84,740

33

June19
Mar. 24
Jan. 14

6

62

H434 Jan.

8

7%
*lHa
*5 Hi
1630
16 a4
3918

117

Feb. 26
Juuel9
Mar. 6
Feb. 27
Feb. 25

5
190% Jan. 20 200
30
14
Mar. 26
119Ha Jan. 17 128
84
Jan. 16 89

46Ha May

94%

58%

9834 Apr. 13

Apr. 30

11% Jan.

140%
127 34

95% 119

67% Feb. 25
7734 May 20
35
May 18
27 % Feb. 20
9734 June 19
18% May 19

5,050
3,676

15
28
17

6%
118
107

5034 May 12

32,440

67%

9%

Mar. 27

134

Jan. 31

Jan.

12
16
90

30
5

14HaJan. 9 20 Jan. 27
82% Jan. 22 109% Mar. 9
10
Jan. 151
4 Ha May 1
Feb. 12
55
Jan.
6 65
Jan.
4%
Mar. lOi
234
15
8
Mar. 3
4Ha Juiiell
Mar. 201
37 Ha Jan. 10 52
3

58%
57%

37%

Feb.25

71,990
1,270

12
27

*122
124
124
*122
*35
36 Ha
37
84 34 86 Hi
8614 8714
85 Hi
*2
2 Hi
2*4
5
5
5
4 Ha
470
*88
*88 Hi 89
34 89 Ha
10
1014
10
9«8 10%

8
11

840

55

17%
96%

Feb.12

126% Jimel6
76% Jan. 12

Jan. 17

29

26Ha

11

8
Jan. 15
2 139 Ha June 8

18Ha Apr. 21
June

2434

6-% Feb. 10
12% Feb. 26

Apr.

15

Feb. 20

36

135
90
80

35

13% Mar. 12
41% Mar. 9

Feb. 18
Mar. 25

High

50
39

14Ha Feb. 24
17
Feb. 21

325
600

50Ha

*125
50

3

94

53




3

80%

7Ha June 5
3
Juno19

36

17

39
30
13

3

24

17 Ha

118

are

4

8
May
14 % Mar.

Pacific Mail
Pullman Palace Car Co

These

Feb.

44% Jan.

Jan.
128
115 Ha Jan.

100
23
24
125 Ha 125 Ha

5 Ha

*5
54
76

19 Ha 19 Ha
183
183
*7
734

*lHa

12

Oregon Improvement Co...
Oregon Railway A Nav. Co

Atchison

65

3534 Apr. 24
23
May 7
934 Mar. 23

66
400
23
134

MISCELLANEOUS.
American Dist. Tel
American Tel. A Cable Co
Bankers’ A Merchants’ Tel

’

3

7
Apr. 7
430 Apr. 22

1,370
4,165

1 126

9034 Feb.

11,271
2
183,610
6434 June 8
1,640 102 Jau. 28
123,225 8430 Jan. 2
1,400 11934Jan. 2
4,363 105 Jau. 2
6 Ha Mar. 31

3%
5%

*5

9 133 Ha May

Mar. 25
Feb.
4

3
7

400

Low.

Highest.

26% Jan. 31

20

lOlHa 102 Ha
5
6%

3%
5Ha

1630

134

Do
special.
Rensselaer A Saratoga
Rich. A Alleg., stock trust ctfs.

Richmond A Danville
Richm’d A West P’nt Terminal
Rochester A Pittsburg
Rome Watertown A Ogdensb’g
St. Louis Alton A Terre Haute

12

96

..

1630
38-%
«8

pref

51ia

*122
*36

84'*2
218

9=0

....

4934
*2614
1712

pref

Western Union

Feb.

7
31

26,550
10,012

31

*3
*5

5Hi

*5
'

101% 102 Ha
*4%
5*4

3%

*8 Hi
*5
53 Ha

36
*125

*6i4

124
37

A New England ....
New Haven A Hart.
Ontario A Western.
Susq. A Western ...

Do

Lowest.

10

39%

39H*
313s
4 Ha
8*4
5

*3 Ha
*3 Ha
4%
4%
*196
200
xl96 196
21
20
22
Ha 22 Ha
125
125

24

*21

Memphis A Charleston
...
*125
Metropolitan Elevated
50
Michigan Central
Mil. L. Shore & West’rn, pref..

Do

Friday,
June 19.

*

Long Island

Do

37 %

7230

20

12412 124*2

Louisville A Nashville
Louisville New Albany A Chic.
Manhattan Elevated, consol...
Manhattan Beach Co

Do

38

3034
414

71*4

314

20

*18

Central

Illinois Central
Do
leased line 4 p. ct.
Indiana Bloomingt’n A West’n
Lake Erie A Western
Lake Shore

NewYork
New York
NewYork
New York

10

6814 69%
6830 69%
108
107 ia 108
*107
93
9414
9214 9330
128
128
12734 128
116
116
II6I2 116
8
*5 la
*512
712

106

30

*3

Nashv.Cliattanooga A St.Louis
New York Central A Hudson..
New York Chic. A St. Louis...

*912

40
28 7s
*9 Ha

40
29

101 Hi 10330
10210 10212 1033a 102 7a 104
4 Hi
4 Hi
*4ia
514
4%
4%

Grande
Dubuque & Sioux City
East Tennessee Va. A Ga

Do
Missouri Kansas
Missouri Pacific
Mobile A Ohio
Morris A Essex

28
10

138
138
125 % 12614

1241*12512
673a 68

2034
7114

*39
*27

40i*

102

Denver A Rio

Harlem
Houston & Texas

20 a4

*20

A Om.

pref.
Cleveland Col. Cin. A Indianap.
Cleveland & Pittsburg, guar...
Columbia & Greenville, pref...
Delaware Lackawanna A W est.
Do

June 18.

37i2
3034
*334
*734

373s
31ia

37Hi
30 34

11414 115
Chicago Rock Island A Pacific 114%
*5
7>2
Chicago St. Louis & Pittsburg. *12
16
Chicago St. Paul Minn.

Thursday,

June 17.

40
28
*9

40

10

3014
*312
*734
*43s

2d pref...Chicago A Alton
Chicago Burlington A Quincy.
Chicago Milwaukee A St. Paul
Do

Wednesday,

June 16.

37 124

40

*27
k9

1st pref....

Chicago A Northwestern

Tuesday,

133

36 34

Do

Monday,
June 15.

For Full
Year 1884,

1885.

Sales of Range Since Jan. 1,
the Week

LOWEST PRICES.

AND

88
57

Canada Southern
Cedar Falls & Minnesota
Central Iowa
•
Central of New Jersey
Central Pacific

Chesapeake A Ohio

[VOL. XL.

May 26
Mar.

3

Apr. 25
Apr. 15

8
7

Feb. 27
June 5
Mar. 25
Feb. 25

26

May 28

49
1

7
67

834

61%
12734
17%
114

65%

60 34 112
57%
31
117
90

334
20

6%
34

49

78%

125
87
45
98

137
102
61%
116

62
142

23%

80%
152
24

2
145
19% 24
130
115
185% 193%
21
15
122%
121
39% 40
23%
18
11
8
15
7
10
5
29
1
137

i4

June 20,

1885.]

QUOTATIONS OF STATE AND
RAILROAD BONDS,
STATE BONDS.
Bid.

SECURITIES.

90
104
86
107
3
10
10
10
10
2V
102
105
112

Alabama—Claes A, 1906.
Class -B, 5s, 1906
Class C, 4s,

6s,

1906

10-208,1900

Arkansas—6s, funded
7s, L. Rock A Ft. S. iss.

Memp.AL.Rock RR
7s. L. R.P.B. AN.O.RR
78, Miss. O. A R. R. RR.
7s, Arkansas Cent. RR.
Georgia—6s, 1886
7s,

78.1886
7s, gold, 1890

SECURITIES.

Ask.]

Bid.

SECURITIES.
Ex-matured coupon....

18
18
5
...

N. Carolina—Continued—
New bonds, J.AJ., ’92-8

18

113
117
122
104

6s, due 1889 or 1890....
Asyl’m or U niv., due’92

6

Bid.

Funding, 1894-95
Hannibal A St. Jo., ’86.
New York—6s, reg., 1887
6s, loan, 1891
6s, loan, 1892
6P,loan, 1893
! N. Carolina—68, old, J.&J.
j
1
Funding act, 1900

Do

105V
113
115
117
30
10

|

Bid.

Del. L. A W.—Contin’d—
Morris A Essex— 1st, 7s.

2d, 7s, 1891.....

Railroad Bonds.

Bonds, 78,1900
7s of 1871, 1901
1st, consol., guar., 7s..
N. Y. Lack. A W.-lst, 6s
Construction, 5s, 1923

(Stock Exchange Prices.)
Atch.T.AS.Fe—4 Vs, 1920
Sinking Fund, 6a, 1911.
Atl. A Pac.—1st, 6s, 1910.
Balt.AO.—1st, 6s.Prk.Biv!
Bur.C. Rap. A No.—1st, 5s
Consol., 1st, 5s, 1934 ...

100

106

99%
*67

109

993*
68 V
98
60

*

Chesapeake & Ohio—
109
Pur. money fund. 1898..
99%
6s, gold, series A, 1908 .
69%
6s, gold, series B, 19081
19%
6s, currency, 1918
Mortgage 6s, 1911
64
Ches.O.AS.W.—M. 5-6s..
Chicago A Alton—
122%

2d.

96

Mex. Cent.—1st, 7s, 1911.
1st M., 7s, ex-cp.,6,7,A 8

60
20

......

2d, 7s, 1891

S’thw.Ext.—1st, 7s,1910
Pac. Ext.—1st, 68, 1921.

Mo.K.A

T.—Gen’l,6s,1920

Morgan’s La. A

1st, 6s, 1920
Big Sandy—6s
Erie—1st, extended, 7s...
2d, extended, 6s, 1919 ..

Eliz.Lex. A

mort., 7s,1893
*118
Sinking fund, 6s, 1903. *120
La. A Mo. Riv.—1st, 7s.
120
118
2d, 7a, 1900
119 >8
St. L. J ack. A Chic.—1st
1st,guar. (564). 7s, ’94 11918
125
2d, (360), 7s, 1898 ....
2d, guar. (188), 7a, ’98

3d, extended,

4 Vs, 1923.

4th, extended, 5s, 1920.
5th, 7s, 1888
1st, cons., gold, 7b, 1920.
1st, cons., fd. coup.,
Reorg., 1st lien, 6s,

78

..

1908
Long Dock b’nds, 7s, ’93

.

Ohic.Burl.A Quincy—
BuCN.Y.AE.—1st,1916
136
136V
Consol. 7a, 1903
N. Y.L.E.AW.-New2d6s
*105
5s, sinking fund, 1901.., —Collat’l trust, 6s, 1922
103%
103%
6s, debentures, 1913....1 *108
Buff. AS. W.—M.,68,1908
Ia. Div.—S. fd., 5s, 1919
97 V 98 V Ev. A T. H.—1st, cons.. 6s
Sinking fund, 4s, 1919
Mt.Vern’n— 1st, 6s, 1923
97
Denver Div.—4s, 1922..
*85
Fl’tAP.Marq.—M.6s,1920
Plain 4s, 1921
,
Gal. Har. A S.Ant.—1st, 6s
J.R.I. AP.-6s, cp., 1917.i*133
*132 V
2d, 7s, 1905
6s, reg., 1917.
West. Div.—1st, 5s
109 %
Ext. A Col., 5s, 1934....

"84" "86%
124
109
104 V

Bid.

1*130
Clev.A Pitts.—Cons.s.fd.f*123
4tb, s. fd.. 6s, 1892....I ---St.L. V.AT.H.—1st,g.,7s,*116

102
2d, 7s, 1898
*111%
2d, guar., 7s, 1898 —
*105 V 106%
Pitts. Cleve. A Tol.—lst,,6s
Pitts. June.—1st, 6s, 1922
Rome W.A Og.—1st,7s,’91
75% 75 V
Con., lst. ext., 5s, 1922.
107
Roeh. APitt.—1st, 6s, 1921
91
Consol., 1st, 6s, 1922t...

55%!

Rich. AAlleg.-lst,7s,1920

100
111
102

111V Rich. A

Danv.—Cons.,g.,6s;

Debenture 6s,

At.l.ACh.—1st,

7334

73

1927

J

7s.| -----7b. 11^%

2d, 7s, 1897

I 168
108

2d, pref., 7s, 1894
2d, income, 7s, 1894
Bellev.A So. 111.—1st, 8s
10334:
St.P.Minn.A
Man.—1st,7s
105 V
137 ;138 V
2d, 6s, 1909
Dakota

136%
136 V ,
—

Ext.—6s, 1910..

1st, consol., 68,1933
Deb., 5s. 1904
*104
1st, consol., 6s,reg.,1933
Harlem—1st, 7s, coup ..I 135%
137
Min’s Un.—1st, 6s, 1922
|
1st, 78, reg., 1900
St.P.A
Dnl.—1st, 5s, 1931
123 |123V'
N.Y.Elev’d—1st, 7s, 1906

108
106 V 107 V N.Y.P.AO.—Pr. l’n, 6s,’95
N.Y.C.AN.—Gen.,6s, 1910
114V 115
Trust Co. receipts
N.Y. A N. Engl’d-lst, 7s
114
1st, 6s, 1905'.
•128 V
N.Y.C.ASt.L.-lst,6s,1921
*48 V
2d, 6s, 1923

N.Y.W.Sh. A Buff.—Cp.,5s

;104%'

So. Car.

38 V

109

41

116

108V
110

IO434 105
72 V 73%
115V
106

99 V
115

114% 114%
112V 114
110%

105

R’y.—1st. 6s, 1920

Shenand’hV.—1st,7s,1909
General, 6s. 1921
Tex.Cen.—1 st.s.f.,7 s,1909

110

1

78

7«

1911

Tol.Del. A
37
*34 V

57

102%
66%

2d, 6s, 1931

41
40

119
77 V

66 V

j

Arkansas Br’ch—1st, 7s
Cairo A Fulton—1st, 7s.
Cairo Ark A T.—1st, 7s.
Gen. r’y A 1. gr., 5s. 1931
St.L. Alton A T. H.—lst,7s

110

102

pr„7s,’97/113

Iucomes, 1900
Scioto Val.—1st, cons.,
St. L. A Iron Mt.—1st,

60V

T.—1st, 6s

N. Y Central—6s, 1887...
Deb. certs., ext’d 5s
N.Y.C.A H.—1st, cp., 7s
1st, reg., 1903
1

T38

Pitts.Ft.W.AC.—2d,7s

92

85

Ask.

3d, 7s, 1912

100

1st, 78,1918
'121V
% Nash.Chat. A St.L.—1st,7s
42
2d, 6s, 1901

4m

Divisional 5s, 1930
Eliz.C.A N.-S.f.deb.,c.,6s

70

iio

Penn. RR.—Continued—

53
*52
125
123
*107 V

139 V:

Det.Mack.AMarq.—1st,6s
Land grant, 3 Vs, S. A...
il6**
E.T. V a. AG.—1st,7 s, 1900
48
1st, cons., 5s, 1930
41
Ex coupons 9 to 12....
95

115%

SECURITIES.

Ask.

Bid.

60%
General, 5s, 1920
108 V 10834
Cobs., 7s, 1904-5-6
70
Cons., 2d, income, 1911. *105
105% 106
H. A Cent. Mo.—1st, ’90
55 V 55 V
Mobile A Ohio—New 6s.. 105%
Den.So.Pk.APac.—1st,7s.
Collater’l trust, 6s, 1892
41V 41 %
Den. A RioG. West.—lst,6s
55
*50
1st, Extension, 6s, 1927

1st, reg., 78,1921
Donv. A Rio Gr.—1st, 1900
1st, consol., 7s, 1910

40
40
80
51
50
5

Virginia—6s, old

1884-1913
Mil. L.S. AW.—1st,6s,1921 101%
Mich. Div.—1st, 6s, 1924
121
Minn. A St.L.—1st,7s,1927
118
Iowa Ext.—1st, 7s, 1909

1885.....

1st, cons.,guar.7s,1906 128^129
115 V 115%
1st, cons., gu., 6s, 1906 139
V;
Rons. A Sar.—1st, cp.,7s

1st

Miss.R.Br’ge—lst,8.f.6s

7s,

4734
55%

C’inp’mise,3-4-5-6s,1912

1st, 6s,

Registered, 7s, 1894
136
1st, Pa. Div., cp.,78,1917 136
1st, Pa. Div., reg., 1917. 112V114
Alb. A Susq.—1st, 78
102 V 103 V

96

5V'

Ask.

BONDS.

Mich.Ceut.-Cons.7s, 1902
Consol., 5s, 1902
6s, 1909
125V
Coupon, 5s, 1931
124
| Registered, 5s, 1931....
;ioov Jack.Lan.A Sag.—6s,’91
Milw.A No.—1st, 6s, 1910

Canal—1st, 7s 116
1st, ext., 7s, 1891
115V
Coupon, 7s, 1894

120
106

Minn.ASt.L.—lst,7s,gu.
Ia. City & West.—1st, 7s
*107
C. Rap. I.F. A N.—1st, 68*107

1st, 5s, 1921
Buff.N. Y. & P.—Cons., 6s
General, 6s, 1924...
Can. So.—1st, int. guar. 5s
2d, 5s, 1913
Reg., 5s, 1913
1
Central Iowa—1st, 7s,’991
East, Div.-lst, 6s, 1912
Ill. Div.-lst, 6s, 1912..

141
115 V117
124 V
125 |
j

75V Del. A Hud.

I Tennessee—Continued—
6s, new series, 1914 ....

Wil.C.ARu.R.

SECURITIES.

Ask.

Bid.

SECURITIES.

Bid.

SECURITIES.

8*734 88 V 6s, new, 1866
Consol. 4s, 1910
6s, consol. bonds
110V 112
6s, 1919
106
6sj ex-matured coupon.
Ohio-68, 1886
6s, consol., 2d series
South Carolina—
68, deferred
4
CO
6b, Act Mar. 23, 1869 )
District of Columbia—
non-fundable, 1888.)
3-65s, 1924
109V
108
Brown consol’n 6s, 1893
Registered
47% 49 !
Tennessee—6s, old,1892-8
Funding 58, 1899
47% 49 1
6s, new, 1892-8-1900 ...

RAILROAD
Ask.

Ask.1

4V

Special tax,' all classes..

10434 105 V

Missouri—68, 1886

JUYE 19, 1885.

SECURITIES.

Ask.

74
64

1 Louisiana—7s, oons.,1914

737

CHRONICLE.

THE

38
62 V
62 V

Buri.—Main,6s

1st, Dayt. Div., 6s, 1910
35
1st, Ter. trust, 6s, 1910.
62 V Tex. A N. O.—1st, 7s, 1905

Registered, 5s, 1931....
*78
Susq.A W.—lst, 6s.t
Sabine Div.-lst,6s,1912
96
50
Debenture, 6s, 18971...
84
84 a4 Va. Mid.—M. inc., 6s,1927
29
Midland of N. J—1st, 6s
108
Wab.St.L.APac.—Gen., 6s
102
N.Y.N.H.AH.—lst.,rg.,4s 105
65
69
101
Chic. Div.—5s, 1910
99
N.Pac.—G.l. gr.,lst, cp.,6s
Hav. Div.—6s, 1910
103V
105
71
90
Registered, 6s, 1921....
Tol.P.AW.—lst.7s.1917
52 V 53
N.O. Pac.—1st,6s,g.,19201
53
86 V 90
Iowa Div.—6s, 1921
108
6s,
1931
2d,
Keok. A Des M.—1st, 5s
"65'
Norf.AW.—Gen., 6s. 1931
112
Ind’polis Div.—6s, 1921.
Gr’nBayW.ASt.P.—lst,6s 104 V 105
New River—1st,6s,1932
Central of N.J.—1st. ’901.
105
Gulf Col. A S.Fe—7s, 1909
Detroit Div.-6s, 1921..
104
OhioA Miss.—Consol, s. fd 119%
1st,cons.assent. 7s,1899t 107 '108^
*118
Cairo Div.—5s, 1931
2d, 6s, 1923
119
118
Consolidated, 7s, 1898..
64
Conv., assented, 7s, 1902 107
110
nan. A St.J.—Con.6s,1911
Wabash—Mort. 7s, 1909 105
2d consolidated, 7s, 1911
V 106
Adjustment, 7s, 1903...
Tol. A W.—lst, ext.,7s.
67
63
Houston A Texas Cent.—
*87 V
92
92
Conv. debent. 6s, 1908..
1st, Springfield Div., 7s
98
96
1st, St. L. Div., 7s, ’89.
1st, M.L.,7s, 18911 ....
85
80
90
Leh.AW.B.—Con.g’d.as.
Ohio Central—lst,6s, 1920
2d, ext,, 7s, 1893
7s
1st,
Western
Div.,
t..
83%
80
Am.D’kAIiup.—5s, 1921
1st, Term’l Tr., 6s, 1920,
’83.
Equipm’tbds, 7s,
1st, Waco A No., Tst
78*
Chic. Mil. A St. P.—
58V 67
1st, Min’l Div., 6s, 1921
87
Consol, conv., 7s. 1907
134
'....
2d, consol., main line, 8s
104
Ohio So.—1st, 6s, 1921....
105
1st, 8s, P. D
Gt.West’n—1st, 7s, ’88
123V124
2d, Waco A No., 8s,1915
2d, 7 3-10s, P. D., 1898 . 131
Orog’nA Cal.—1st,6s, 1921
69
2d, 7s, 1893
1
General, 6s, 1921
Vs 132
Or. ATransc’l—6s,’82-1922
1st, 7s, $ g., R. D., 1902. 119
Houst.E.AW.Tex.—lst,7s
77
77V
Q.A Tol.—1st, 7s, 1890! -—
j....
Oregon Imp. Co.—1st, 6s.!
1st, LaC. Div., 7s, 1893 '122 !....
Han.A
Naples—1st,
7s
2d, 6s, 1913
112%
Oreg’n RR.ANav.—1st,6s 103
1st, I. A M., 7s, 1897 ..
Ill.A So.Ia.—lst,ex.,6s!
119 !....
Ill.Cen.—Spd.Div.—Cp. 6s
88
89
Debentures, 7s, 1887 ...f
1st, I. A D„ 7s, 1899....
101
St.L.K.C.AN.—R.e.,7s
Middle Div.—Reg., os ..
128 j
!
82
1910,
Panama—S.f.,sub.6s,
1st, C. A M., 7s. 1903.. 126 V
Omaha Div.—1st, 7s.j
85
C.St.L. AN. O.—Ten.1.,7s
1
Peoria Dec. A Ev.—1st, 6s1
Consol. 7s, 1905
Clar’daBr.—6s, 1919:
85
123 V 124 ' j
1st, consol., 7s, 1897..
E vans. Di v.—1 st, 6 s, 1920
*75
1st, 7s, I.A D. Ext.,1908 113 1
*102 V
2d, 6s, 1907
St.Chas.Bge.—1 st.Osj 111 112
PeoriaAPek. U’11—1st.6s.
1st, S. W. Div., 6s, 1909. *100
No.
Missouri—1st, 7s..1 *116
114%
Gold, 5s, 1951
...
V
1
Pac.RR.—Cen.
Pac.—G.6s
1st, 5s, LaC.ADav.,1919 114
Dub.A S.C.—2d Div., 7s.
105*' 106
West. U11.Tel.—1900, coup
114V
San Joaquin Br.—6s..
*115
l8t,S.Minn. Div.,6s,1910 122 V 123 |
100 34 101V
1900, reg
Ced.F. A Minn.—1st, 7s.
Cal. A Oregon—1st, 6s
1st. H. A D., 7s, 1910..
Ind.Bl.AW.—lst, pref., 7s
116 t
i
10034
Telegraph—7s,
1904
|N.W.
Cal. A Or.—Ser. B., 6s.
Chic. A Pac. Div.6s, 1910
i04"| 'Mut.Un.Tel.~S.fd,6s. 1911 69%; 70
103
99V 99 V
Land grant bonds, 6s.
1st,Chic.& P.W.,5s.l921
5-6s,
1909
oul
,
1st,
INCOME BONDS.
110
Pt,
West.
Pac.—Bonds,
Min’l
9*'4,
j 2d, 5-6s, 1909
6s.. 108 11034
Div., 5s, 1910.
V
payable if earned.)
(Interest
17%
C.A L. Sup. Div. 58,1921
No.R’way
(Cal.)—1st,
6s
nj-.-i Eastern Div., 6s, 1921
Atl.A Pac.—Inc., 1910....
98
97
98
98Hsi Indianap.D.ASpr.—1st,7s
So. Pac. of Cal.—1st, 6s.
Wis. A Min. Div.5s, 1921
Central of N.J.—1908
94 V 95 V I 1st, 7s, ex fund, coups.
11 %! 11%
So. Pac. of Ariz.—1st, 6s
Terminal 5s, 1914
lE.T.V.AGa.—Inc.,6s,1931
*94 V
Int. A Gt.No.—1st,6s, gold
15V
So.Pac.ofN.Mex.—1st,6s 115
Chic. A Northwest.—
Gr. Bay W.A St, P.—2d, inc.
V
*103 V1
I
1909.
Coupon,
6s,
20
Union Pacific—1st. 6s..
Sinking Fund, 7s, 1885.
Ind.Bl.AW.—Con., inc.,6s
106V
10634
138V
ilvont’ky
Cent.—M.6s,19li
18
Land grants, 7s, ’87-891
Consol, bonds, 7s, 1915.
Stamped, 4 p. c., 1911 ..
| Ind’s Dec. A Spr’p—2d,inc.! 70
Extension bonds, 7s, ’85 103 V1
Sinking fund, 8s, ’93.. ‘ 120%
Leh. A Wilkesb.Coal.—’88i
120
103 V 103% Lake Shore A Mich. So.—
*103%
Reg., 8s, 1893
1st, 7s, 1885
Lake E.A W.—Inc., 7s,’99!
A
Tol.—Sink’g
Cleve.
fd
12834
Trust,
6s...
Collateral
IO334
lC4v
Coupon, gold, 7s, 1902.. *128
New bonds, 7s, 1886..
Sand’ky Div.—Inc.,1920, *15
Do
5s. 1907
114
Regist’d, gold, 7s, 1902.
Laf.Bl.AMun.-Inc.,7s,’99i
Cleve. P. A Ash.—7s.
75
Kans.Pac.—1st, 6s, ’95 112%
*120
Sinking fund, 6s, 1929..1*113
109
ioov Mil. L. Sh. A W.—Incomes 49
Buff. A Erie—Newbds,7s
60%
1st,
6s,
Sink, fund, 6s, 1929,reg.I
1896
Mob.A
O.—lst,prf.,deben.
Kal. AW. Pigeon—1st..
109%'
22V
Denv. Div.6s,ass..’99 108%
Sinking fund, os, 1929 -i 105 V
Det.M.A T.—1st,7s, 1906
2d, pref., debentures
99'% 99 v:
122
1st, consol., 6s,1919.
Sink, fund, os, 1929, reg
1
3d,
Lake
Shore—Div.bonds.
103
pref.,
debentures.
C. Br.U.P.—F.c..7s,’95
128
i‘2934
Sink’gfd. deb., 5s, 1933. 100V
93 v!
90
4th, pref., debentures
Consol., coup., 1st, 7s. 126 34 128
99% I 99 V
At.C.AP.—1st,6s, 1905
25 years deb. 5s, 1909
I N.Y.LakeE.AW.—Inc.,6s
90
Consol., reg., 1st, 7s .. 112
3V
At. J. Co. A W.—lst, Os
EscanabaA L. S.—1st,6s v110
91% 9i%' Ohio Cent.—Income, 1920
Consol., coup., 2d, 7s.. 112
ii234
Oreg. Short-L.—1st, 6s *96
Des M.AMin’ap.—lst,7s! 124
Min’l Div.—Inc.,7s,1921
Consol., reg., 2d, 7s
V
130
22
Ut.
So.—Gen.,7s,
1909
120
Iowa Midland—1st, 8s..
Ohio So.—2d inc., 6s, 1921
90
Long Isl. RR.—1st, 7s,’98 *108 V
22
Exten., 1st, 7s, 1909
Peninsula—1st, conv.,7s
99 V 9934 PeoriaD.A Ev.—Inc.,1920
1st, consol, 5s, 1931
22
121
Mo. Pac.—1st, cons., 6s.
12034
Chic. A Milw’kee— 1st,78- 126V
Evansv.Div.—Inc., 1920
110 V
Louisv. A N.—Consol., 7s
108 J109
60
101
99
3d, 7s, 1906
Win. A St. P.—1st, 7s,’87
i*07% Rocli. A Pittsb.—Inc.,1921
Cecilian Br’ch—7s, 1907
125 V
34
96
Pac. of Mo.—1st, 6s... 106%
95
2d, 7s, 1907
Rome W. A Og.—Inc., 7s.
111 V
N.O.A Mob.-lst,6s,1930
114
30
2d, 7s, 1891
77V 80
Mil.AMad.—1st,6s,1905
So.
Car.
Ry.—Inc.,6s,1931 *24
98 V
2d, 6s, 1930
03
107
St.L.A S F.—2d,6s, Cl. A
V Ott. C. F. A St. P.—1st,5s
97
St.L.A.A T.H.
Div.bds
96
E.H.AN.—1st, 6s, 1919. 106 V 97
C;
96%
6s,
Class
1906
C.C.C.A Ind’s—1st, 7, s. f .1 *120*2
FREE
LIST.
98
General, 6s. 1930
97%
113 1II8
109
*80
6s,
Class
B,
1906
Consol. 7s, 1914
Cin. A springf.—7s, 1901
Pensacola Div.—6s,1920
101
104.
1st, 6s, Pierce C. A O..
Consol, sink, fd, 7s,1914
Cum. A Penn.—1st, 6s, ’91
St. L. Div.—1st, 6s, 1921
*103
46 V 50
Epuipment, 7s, 1895..
General consol., 6s,1934
64
2d, 6s, 1888
2d, 3s, 1980
69
Gen’l mort., 6s, 1931..
Chic. St. P. Min. A Om.—
Col.C.AIr.Co.—l8t,con.,6s *67
106 V
Nashv.A Doc.—1st, 7s..
!112
64
*63
So. Pac.of Mo.—1st, 6s
92
Consol. 6s, 1930
Ft. W. A Denv. C.—1st, 6s
108
S. AN. Ala.—S.f.,6s, 1910
!121V
100
Tex.APac.—1st,
6s,1905
C.St.P.AM.—lst6s,1918
Jefferson.—1st,
7s,
1889..
66
Louisv. C.A L.—6s,1931
20
Consol., 68, 1905 t
92 V 92 34
No. Wis.-lst, 6s, 1930.
Phil. A R.-Deb., 7s, 1893
37 V 38
Trust bonds, 6s, 1922...
*119
Income A Id. gr.,reg..
79% 83
St.P.A S.C.-l8t,6s,1919 119V 111
Warren
RR.—2d,
7s,
1900
56
64
10-40,
68,1924
111
34
Rio G., 68, Aug. cp. on
1
70
Chic.A E.Ill.—1st,s.f.,cur.
Wabash funded int. bds.—
5034 51
99 V L.Erie AW.—1st, 6s, 1919
99
Do
ex Aug. cp.
Consol., 1st, 68,1934
Tol. A Ill. Div.—7s
47 V
80
Sandusky
Div.—6s,
1919
Gen. mort. A Ter. 6s..
68V
Chic.St. L. AP.—lst.con.6s
L. ErieWab. ASt.L.—7s.
Laf.Bl.AM— 1st, 6s, 1919
113"
94
90
Pennsylvania
RR.—
Ohio. A W.Ind.—1st, s.f.,6s 104
Gt.West’n.—1st, 7s
102
102
3g
Louisv.N.Alb.AC.—1st, 68
Pa.Co.’s guar.4 Vs,lst,cp
Gen’l mort., 6s, 1932
Ill. A So. Iowa.—7s
102
General
6s,
mort.,
1914. *90
*100
Co.’s
4
1921
Pa.
Vs,Reg.,
90
V
Col. A Green.—lst,6s,1916
Dec. A E. St. L.—6s ....
119
Lou. N. O. A Tex.—1st, 5s
1 75
2d, 6s, 1926
Toledo A Wab.—2d, 6s..
Manhat.B’ch Co.—7s,1909
76
1st,
7s,
reg.,
1900
Col. H. Val. A Tol.—1st, 5s!
Wab. A West’n.—2d, 6s
N.Y.AM.B’h—lst,7s.’97 112 112V
2d, 7s. 1913
Del. L.A W.—78, conv.,'921
Gt.Western—2d.6s. ...
Metrop’lit’n El.—1st,1908 100% 101
Pitts. Ft. W.A f!.—lst.7s 140
Mortgage, 7s, 1907
136
108
94

N.Y.

-

'

'

....

-

.

...

......

......

.

......

2d. 6s, 1899

Byr.Bing.AN.Y.—lst,7a 131
No prices Filday; these are latest quotations
•




made this week.

t Coupons off.

i 738

THE CHRONICLE

The latest railroad earnings

and the totals from Jan. 1 to
given below. The statement includes the gross
earnings of all railroads from which returns can be obtained.

latest date

are

New York City Banks.—The following statement shows the
condition of the Associated Banks of New York
City for the>
week ending June 13, 1885:
Aver age Amount of—

Banks.

Latest
Hoads.

Earnings Reported.

Week or Mo

1885.

| Jan. 1 to Latest Dale.

1884.

$
Ala. Gt. South’o. May
68,224
68,543
Atch. T. A S. P. April..
1,297,825 1,306.000
Boat. H. T. A W. 1st wkj’ne
7,788
9,668

Bur.Ced.R.ANo.j 1st wkJ'nc

52,035

Eliz.Lex.&B.S.; April
wJAnril
Chicago Ac Alton 1st wkJ’ne

50,351
8,686

55,688

56,403

119,244

109,7(0
166,793

129.949

1884.

$

$

451.599
4,824,406
179,371
1,235,502

Cal. Southern... (March
10,117
Canadian Pacifici 2d \vk J’ne
147.000
129,000
Central Iowa—list wkJ’ne
24,386
19,345
Central Pacific.. April
1.735,000 2,030,079
306,211
Cheaap. Ac Ohio April
290,002
Clies. O. Ac S.

1885.

28,6s3
2,9< 9,376

Chic. Burl. Ac C). April
2,Or,5,070 1,832,451
Chic. & East Til 1st wkJ’ne
30,196
3u,433
Chic. Mil.& St.P. 2d wk J’ue
434,000
433,717
Chic. Ac Northw. 2d wk J’ne
483,200
446,000
Ch.St.P.Min.AO. 2d wk J’ue
102,700
111,400
Chic. Ac W. Mich 1st wkJ’ne
25,641
29,040
Cln.Ind.St.L.AC. 1st wkJ’ne
44.001
44,463
Cin. N. O. & T. P. May
187,246
219,147
Cin.Waali.ABalt. 4thwkMay
34,936
46,235
dev.Akron&Col Jst wkJ’ne
8,993
9,863
Clev.Col.C.A Indi April
23),850
294,L13
Connotton Val.. Mar- h
21,987
24.400

447,595
5,049,424
168,335
1,122,676
21,632
1,823,383

499.763

596,626

6.147,763

1,069,781

6,355,119
1,166,446

213,318

207,259

475,476

410,989

3,173,535
8,298,579

3.364,580

656,987

9,620,0C0
9.609.954
2,251,132
503,846

1,013,649
1,001,291
'727,887

192,950
1,067,151

7,557,712
594,992
9,370,355
9.645,752

2,45'’,935
666,213
941,63 4

1,004,135
724,289
192.3-3

1,191,014

Deny. Ac Rio Gr. 1st wkj’ne
Deny. Ac R. G. W May
Des Mo. Ac Ft. D.llst wkj’ne

16,834

66,672
60,323

6 4,300

16,230
111,892
78,145

101,013
74,524

2,327,706
341.746

2,225,792

6,123

5,393

Det.Lans’gANo.j2d wk J’ne

J48.082

21,507

137,nf. 7
616,978
369,302
1,261.0 18

Danbury & Nor. April

Dub.ASiouxCity 1st wkj’ne
E.Tenn.Va.AGa. April
Evansv. Ac T. II.
Flint Ac P. Marq.
Flor. R’way Ac N.
Florida South’ll.
Ft.Worth Ac lien.
Gal.Har.A S.Au.

15,700
276,698
14,787
34.808

1st wk.T’nc

1st wkj’ne
1 st wkj’ne

18,902

March

May

25,191
42.400

.

March
Grand Trunk
Wk June 6
Gulf Col. Ac S. Fe May
Hl.Cent.(Ill.ASo) 1st wkj’ne
Do
(Iowa) 1st wkj’ne
tlnd.Bloom.A W.jlst wkj’ne
K.C.Ft. 8. Ac Gulf 1st wkJ’nc
Kan. C. Sp. A M.l 1st wkj’ne

225,918
27 4,092
102,254
204.900

29.900
44,239
43,424

Kentucky Cent’l March....

26,649
71,571

Bake Eric Ac

17,205

W..|lst wkj’ne

B.Rk.A Ft Smith

B.Rk.M.Riv &

April

36,960
16,oS9
67,769
51,932

T.!April

Bong Island

2d wk J’ne

B’a Western
March
Bouisv.A Na.shv.j2d wk J’ne

233,830!

llar.Hough. AO.'May

75,900,

24,026
487,341
15,582
340,9 17
291.519 *1,200.318
29 G, 659
10,817
43,076
807,792
19,068
44', 606

17,061
64,400
185,070
302,405
183,637
182,081
29,48 1
42,66c
47,233
34,371
65,377
19,831
41,110
23,127
67,4 10
29.331
242,365
111,618
111,925
06,549

•

78.927

56.130
305.129

292.825

1,079,176
463,868
46,699

153,666
674,079
6,293,369

7,025,957

459,326

64 4,971

4,576,6(»8

4,238,609
699,833
916,470

633,931

967,675

1,090,100
746,287
186,149
18 V,

4191

193.311

670,624

997,802
457.66 4

169,907

169*850

103,299'

107,466

1,022,505

9-0,453

143.653
6,266.90 7
160,230

130,929

6,007,786
199,445
335,816

Mem. Ac Charles March
Mexican Central 2d wk J’ne

109,252

$Mex.N.,all lines May

137,192

150. J5)

11.030

10,931
22,300
158,9 40

236,873
495,013
621.746

713,696
219,591
489.636
53 -,366

142,774

810.678

836.350

305,660
190,751
28,475
221,769

987,685

928,647
983,224

66.143;

Milwaukee Ac No 1st wkJ’ne
Mil.L. Sh.A Wes; 2d wk J’ue
Minn. Ac St. Louis April
Mobile A Ohio.. May

23,335
173,800
125.119
354.727

Morgan’s La.AT. March
flash. Ch. Ac St.L. j May
N.O.& Northeast May
N. Y. Ch. Ac St.B. May
a

167,4 95
49.900
232,439

NYY.L.Erie Ac W April

i

N.Y.Susq.AWest April

Norfolk Ac West.'!2 wks J’ne
Northern Cent’l April
Northern Pacific May
Ohio Central.... 2d wlc May
Ohio Ac Miss
2d wk May
Ohio Southern.. May

Oregon Imp. Co. April
Oregon short, L. March
Pennsylvania... April

393,182
262,102
] 49,045
90,331
8 2,705

1,718,090
67 6,693

879,518

484. *64

291,595
1,307,345
4,661.111
1.563.954

275,507
163,126

667,215

82,278

320.599

1,201,648 1,397,726

N. Y. Pa. Ac 0.1 April
N.Y. & New Eng.! April
by. Y. Out. Ac W. May

351.765

982,552

91,732
450,010
454,749, 1,726,635
895,403 1,237,805; 3.588,226
21,1301
26,016,
318,746
71,804;
90,37? i l,34o,/oi
31.3451
29,983j
174,899
230,76s! 289,982
9ol,469
308,690
117,671!
2,366;

1,254,704

161.679

1,277,655
5,081,358
1,772,332
l,030,e27
677,611
282,177
1.725,772

4,8 42.463
397,673
1,400.315
178,180

1.070,123
152,704
3,70 4.690 4,156,309 13,693,486 15.159,902
Peoria' Dee.AEv. 2d wk J’ne
11,913
10,006!
360,069
337,108
Pliila. Ac Erie
246,7191 270,923
April
937,3961 1,027,590
Phila. & Reading! April
9.241.959
2,343,973 2,355,673
Do
(’. A Iron April
1.179,970 1,238,070 4,018,850 4,088.343
Riclim’d ADunv. May
299.329 1,559,2791 1,573,263
292,077
Ch.Col. A Aug May
48,241
46,286
336,279
319.596
ColumbiaAGr. May
2 70,706
35,617
36.637
286.814;
Georgia Pae... May
46,113
47,014
266,212
220,001
Va. Midland.. May
573,1651
124,027
137,363
60 4,272
West. No. Car. May
36,437
32,124
180,239!
161,307
Rocli. A I’ittsb’g 2d wk J’ne
21,718
26,077
439,682.
4s9,371j
Rome Wat.A Og. April
141.458
132.532
475,150!
455,576
8t. Jo. A \\ est’u. l st wkj’ne
23.889
16,3-6
St.L.AltonAT.II. l st wkJ’ne
19.533
60*1*021
16,724
486,012
Do (Branches) 1st wkj’ne
11.119
10.363
3o9,03?
343,847
St. L. F. S. A W. 1st wkj’ne
12,053
8,983
201.897
210,133
St.L.Ac San t ran. 2d wk J’ne
65,306
82,007 1,813,130 1,920,661
St. Paul A Dul’tli 2d wk J’ue
41 4,879
25,539
22,391
434,018
St.P.Mm.A Man. May
483.317
621.167 2,629,470 2,972,786
South Carolina.. Apr il
73.3 H
68,846
424,364
.416,904
So. Pac., No. Div February
82,300
72.979
184.922
152,392
*3outheru Div. March
258,9 .9
222,977
781,061
740,995
Arizona
March
116,166
142,562
422,015
460,732
New Mexico.. March
63,022
54,162
163,748
172,609
Texas A N. O
March
75,549
56.440.
220,573
232,408
Tex. Ac St. Louis. 4thwkMay
12,029
14,650
369,285
298,094
Tol. A.A. AN. M. May
18,83?
104.601
19,630
84,491
Union Pacific... April
1,987,191 2,116.520 7,201,606 7,154.465
Utah Central ...] April
70.859
52,755
236,527
303,174
Vicksb’g A Mer. May
30.8 U
172.824
25,90e
494,413
Vicksb.Sh.APae. May
5,614
50.036
21,50-132,814
Wab. St, L. Ac P. May
1,0* 9,075 1,202,032 5,956,024 6,274,536
West Jersey
94.207
93,185
April
312.165
303,674
Wisconsin Cent’l (1st wkj’ne
22,089
26,710
619,449
626,769
..

...

.

...

Not including earnings of New York Pennsylvania Sc Ohio road.
b Decrease this year wholly iu miscellaneous receipts.
*Not including the first six days of January, preceding time when
Receiver took possession.
t Not including Ind. Decatur &
Springf. in either year.
§- Mexican currency.
I Not including Colorado Division in either year.
a




[VOL. Xu ~1

N e w Y ork
Manhattan Co....

Merchants’
Mechanics’

Loans and
Discounts.

Specie.

$

$

.

Union
America
Phenix

3.870.100
9.095,900

Tradesmen’s
Fulton
Chemical...
Merchants’ Exch.
Gallatin National..
Butchers’ Ac Drov..
Mechanics’ & Tr..
Greenwich.
Leather Manuf’rs.
Seventh Ward....
State of N. Y
Americ’n Exch’ge.
Commerce
Broadway
.......

M.KAT—Income
..

Re]mblic

Chatham

Peoples’

4

58,000

4,24 ■*,800
1.850.100

16.704.900
1,594.000
1,096,300
14.062,500
7,575,000
2,418,000
4.699.300
14.874,600
4,048,600

1,415.000

2.952,000
819.000

846,000
397,000
461,400

1,048,400
4,169.200
845.500
293,700
465,000
438.100
4 96,400
752.800
831,000
160,000
299.700

2,044,500

N. Y. County
German-.Ymeric’n.
Chase National...

2.501.200

Fifth Avenue
German Exoli’nge.
Germania
United States
Lincoln
Garfield
Filth National
B’k of the Metrop..
West Side

1.626.300

728,800
828,800

1.205.100
1.159.600
3.147.300
1.360.600

195,200
203,600
921,600
58,500

1.793.400

3,164.000
2.793.900
1.910.900
1.821.600
2.553.500

1,884,800
1,183,000
232,600

130,500
£94,900

260,100
2X4,100
335.800
530.000!
208.300
100,300
273,100
149,900
214.000

621,600
708,400

**

1,100

258,000
90,000
298,800
592,400
164,100
2,600
439,100

43,000

3,950,900
14,454.000
23,216,800
4,760,700
7,005,000

683,200
893,200

399,400

3,048.100
6,029,400

423,000
45,000
5,400

4,007,600
1,808,400
3,796,000
11,122,000
3.057,000
3,191.700
2,740.600
2,5 15,000

180,000

246,200
265,000
437,900

1.991.600
3.165,000

4,378,700

2,531,800
248,000
150,800

190,200
5,161,100

Bowery

Loans.

422,000
520,100
805,000
1,392,400

350,800

1,376,000
1,011,800
2,675,300
1,144,400

333,000

113.000

1.129.900

|

181,800
168,5001
263,200

588,300
701,000
784.100
1,936,500
196,400
6,423,500
4,983,600

N. V. Nat. Exch..

following

408.300

561.100

Importers’A Trad.; 17.874,500

...

725,000
662.500

488,100

4.907.700

...

267,800
74,200
528.300
1.771,000

$

450,000

1,859,400

226,000
129,500

538,000
4,946.700
944.700
534.900

1.741.900

Pat k
!
North River......!
East River
..I
Fourth National..i
Central National..
Second National..
Ninth National...
First National....

366,200
704,600
177,800

175,900

2,758.000

_

1,116,800

1,978,600
761,700

2,461,000
2.465.700
2.279.900
2.957.200

St. Nicholas
Shoe & Leather..
Corn Exchange...
Continental
Oriental

1885.

9,978,900
9.840,000
3,303,800
11,887,400
2,511,000
16,939,200
1,805,800
1,638,700
21,456,500
2,789,900
3,863,600

1.401,000
232,900
1.097,000
258.700
1,090,000
138,400
153,900

475.800
481,900
611,200
377.800
448,700
180.100
417,300

7.155.500

Citizens’
Nassau
Market

The

2,727,600

2,834,900

3.325.900

...

Irving

Third National

9,253.000

1.005,700
1,888.000

6.103.600
2.185.400
6.409.100
3.601.700
1.498.900

Pacific

North America
Hanover

11,870,000

532.000

18,125.800 10,771.800
5.888.200

Mercantile

tion.

$

1.216,000

2,b01,000
471.000
6.855.600 11.267,200
1,941,000
364,600
1,051,800 1.128,800
15.141.900 9,662,100
856.800
2.520.600
925,100
5.109.900
463,400
1.647.100
65,000
1,216,000
1,001,500
109.600
847,000
2.846.400
365,900
1,071,800
2.992.500 1,216.400
12,592.000 5.771,000

City

Circtda-

other
than U.S.

$

4,033.000
2,449,000
2,510,900
3.333.000
891,800
5.811.800

9,678.000
b.303,000
6.765.300
8,121.000

Net Deposits

Legal
Tenders.

369,100
.

6,005,600
1.871,500

103,500

22,621,100
22,647,700
1,928,000

089,900
45,000

956,900
16,824.600
9,838.000
3,336,000

225,000
180,000
297,000
36,400
45,000

6,225,200
17.101,000
4,954.100
1,167.200
2,263,200
2,579.800
2,557.400
3,842,400
3,293,800
2,508,000
2,323,900

439,800
0

^

179,600
199,500

180,000
...

45,000

2,64 9,300

180,000
43,400
176,200
135,000

2,556,000

1,244,300
1,336,600
4,559.500

1,898,200

115183200 38,695.600 367.5P5.50O 10.137.600

totals for several weeks past:

are

L. Tenders.

Specie.

| Circulation Agg. Clear'<js

Deposits.

$
$ *
j * $
$
M’V 30 293,146,200 U 4501500 36,638.400 361,483,900 10,361,100 345,317,886ne 6 296,307.200 114600'00 36.471,200 364,214,300 10,1 lo,50(>!46S,S77,505
13.296,837,300 115183200 38,695.600 367,595,501 10,137,6001404,261,880

J

“

Boston

1885.

Banks.—Following are the totals of the Boston banks:

Loans.

Specie.

$

$

M’y 30 144,026,600

6 140,231,300

J’ne

131147,801',900

-

L, Tenders.

S,703,800
8.742,400
8,733.000

4.890,600 108,508,400 22,075.100

-The totals of the

Loans.

May

30....

June

6
13

:

1

Lawful

$
74,513.382
74,350,932

71,218,309

Clear'gs

Money.

$
27,667.66.7

26,898,610
27,734,300

Deposits.*

Circulation. Agg.

■

|

$

77.831,301

$

46,152,129
70.296,985
62,741,956

Philadelphia banks.

follows:

1885.

“

$
$
4,758,200 >01,373.000 22.047,700
4.816,700 107,270,700 22,212,200

$

Philadelphia Bauks.-

are as

Circulation Agg.

DepositsJ

!

*
7,612086

Clear'gs
$

31.527,819
53,754,947
40,498,265

| 7.484,395
77,616,058 | 7,499,506

7 7.X 95,5 53

‘Including the item “due to other banks.”

Unlisted

week

Securities.—Following

are

latest quotations for a

past:

Securities.

Bid.

Atlantic Ac Pac.—Stock—
Cent. Div., 1st, old
Cent. Div., 1st, now....
Incomes

Accumul. land grant
Bank.it Mereh.Tel., gen.M
B. Sc M. Tel.Co., liee. Cer.
Boat. 11. T. A West.—St’k.
Debentures
Buff. N. V. Ac Philadelphia
Pref
Trust bonds, 6s

B’klyn Elev., st. receipts
1st M., or wnen issued..

6ro
69
0

<

6 '-j
16

2 Hi
45

234
4
20
32
PO
55

2d M., or when issued..
1st mort
California Pacific
3
Denv.A Rio Grande—5s...
Denv.A Rio Gr. W..
3Js
Edison Electric Light
63
Subs
60
Ft.Worth & Den. C. R. st..
13 q
Georgia Pac.—1st M., 6s.. 90*8
2d mort
Kans. Ac Neb., lsttr’tcer. 108
2d trust cer.,.
43 Hi
0 Hi
Keoly Motor
."
Louisv. A N.—AdJ. bonds 75
Mexican National
2-h
Prof
10
1st mort
19-8
39 Hi
scrip
N. V. M. Un. Tel.—Stock.
51

Ask.

Seeuritie:.

Bid.

N. V. W. Sb. A B.- Stock.
2
Receive: s’ e< rt
79 Hi
North. Pae.—Div. bonds
73 Hi
1 North Riv. Cons.—100 u.e
9
......i Ohio Cent..—Riv. Div., 1st
14 Ha
Incomes
0;l8
A
75
Pensacola A Atlantic
4
5 j
1st moit
76
46
Pittsburg A Western, 1st 5 9 Hi
3q Postal Telegraph—Stock.
6
:
1st mort.., 6s
8*4
33 1 Postal Tel.A Cable—Stock
;<R
3iq Southern Tel.—Stock
1st moi t. bonds.
Stat e of Tenu.—aet’m’t.3s *58
94 Hs
95
Settlement, 6s
4 Hi St. Jo. A W., sik trust cer.
13
19 Hi St. Jo. A Pac., 1st tr. cer. 113
2d trust cer
5 i
43 Hi
Texas A Pac.—Scrip 1884.
32
Old scrip.
38
!
New scrip
34
97
Tex. A St.L..MAADiv.asp
1
40
M. A A. Div., 1st mort..
15
110
Incomes, ass. pd
lHa
15
6s, 1st mort., in Texas..
8
Gen. lst.ld.gr. A inc.as.p.
Hi
80
Vie!-sb. A Meridian
1
3 Hi
Pref
2
1st mort
Incomes
5

Ask.

7*4

3

71

74 4*

.

-

-

•

•

97®.

.

16

6~~
79 Hi

|

01H>
a*

5
20
1t#

Tir

15
.

-

^

_

„

^

^

j

EARNINHS

..

j

RAILROAD

i

54

iVirginia Midl’nd, 6s. inc..

West N. Corolina.—1st M.

76

20
5
20
5

3H>

82~Hl
10
60

Deposits.

Vi
May 6,1885.

48i
48
»o,
51

7,531,000;

50,u50,000j

23,420.094

135.586
322.2 11

40,732,•-•04)

176,621,41*1

1,37 l ,HmO

306, Jt *5,995

22,304,204

236,Ol 0,3*24
7,637,979

606.473
101.510

75,775,909
28,614.229
66,130,389
2i-^335,o35
5i),792,79>

742,771
220,075
226,266
255,458
449,493

494,287,163

2,002,0*6

1.187,832
1,477,011
11,3 lo, 53 /

321,711
4-,740
3 35,905
255,617

48.474.916

12,069.263
>65 166.3*

^ Total Div.No.l

*0.370

44! 46,250,000

( New York City
Albany

5 N. York, other
«d New Jersey...

Philadelphia..
Pittsburg

34,592,260!

12,103,350!

9,381,803

18,058,000
10,150,000

23!

3,516,814
9,970.769

32.150.340

224

g Penua., other.
^ Total Div.No.2

l,150,0u0
8,729,535
3,751,398

1,750.000

6
265!
70
33

©

665! 155,053,900

58,804,5331

Gold

Gold and \

$
552,078

1,670:

147,430'

199,529

2.100

j

SbO.j.m

216,500

4.851.900

^

Baltimore

....

Maryland, otli.

Washington
2 Dist. Col., otb.
*0

..

S Virginia

^ West Virginia.

151
•*17;
27‘
5;
1
23

1,823,985
11.713,260
2,709,090
1,125,000!
252,000!
3,246,300

21

2.011,000

'

North Carolina
South Carolina
Georgia
Florida
d Alabama
*

m

100,000!

7,000

1

6

705,000!

1,948,460'
163,8 >0!

..I

3,551,5001

;

9
59
32

Total Div.No.4;

2 46

j

Arkansas
Louisville

..

'

Cleveland
Ohio, other

12

151

13,546,500;

183
90

...

Indiana

Illinois, other.

*

Mieliig’n,other

©

Milwaukee....

t TotalDiv.No.5

1*26
50
6
35

10,290,000
11,337.742
3,250,000
3,205,000

Kansas

64

4,324,780

«5; Nebraska

65
38

5,142,500
2.30", 000

38 4

39,910,022

f Iowa
jj Minnesota
St. Louis

Missouri, oth’r

p Dakota

[

Total Div.No.O

*2 8an Francisco.
S California,oth.

©

Arizona
Colorado

Idaho

76,286

530,4! 5

2,703,626

101,253

545,7u8
9,277,863

132,170

12,438,699

77,673
782,146

340,000
879,7831

)

18,645,664

11,549,466
40,'828,297

91,029

22,858,326
.’,580,178
30,059,644
8,406,422
21,953,45*'

4

3.173,606
9,366,081

529,127

8,380,094
7,106,358
9,135,428

316.814

456,523

8,670,520
10,330,958
2,9 45,617

141,4 24

13,347,102
3.525,874

7,300,47 0

68,088,717

2,099,781

87,414,919

409,081

212,308
885,982

25,000
231,851
501,780

9.9613)0 7

5()5,o69

Ti.793.199

1,965,000)

985.000

7,30 V. 610

20,000

9,096,065
426,084

406,650

250,000!

1!

1,750,000)

292.500

4.858,382
1,585,215
1,207,094 r

12 0,651
2**2,8s7
80,544

51

800,000'

it

.2? Wyoming

139,288

650,000i
600,000

266.500
134,000

1,340,956)

18,514.396) *10.733
1.035.^02.188) 1 5.021.230

1,837,288!

6,015,000)

60

2.i)7bjo25,195.577! 1 15,103. *76
OF

STATEMENT

THE

35.>,727
5,401.217
1,126.0 >3
1.197,811
1.610,16

'29.350

27,3)5
216,103

120,000
5,270

26,905
i)7.'+19

933,450
459, \ 71

5

rCi ^

I

*5 ■'b*

e

1

2-13,820

21,075,392

234,7091

27,090

1,291,641

54,180
3.310

101.S&5

20

Mill's,

Loans.

Bonds for circulation

Other U. S. bonds

Stocks, bonds, Ac...
Due from banks

j

14-46

21-41

_

Gold Treasury cert’s
Gold Clear. House ctfs

2-98

3’80
4 52

17-50
10*20
9-88

6703

•75

Mil's.

37,794

222

•33

•20j

•42

•51

•44

*31

7-08

•10

•45

•42

4-33
1258

3-70

Z 70
2-60

•28

•55

•23

*24

•03

2-83
1 44

1-89

•09

673

....

•6S

•10

-35

3 77

2*30

1-75
6-82

•13

*99

*02

•14

5 30

•94

Due from U. S. Treas

1-31

Other

1-23

5-82

resources

j 1 97 05*

Totals.

Liabilities.

5O-95!

■Capital stock
Surplus fund

Undivided profits

Circulation

Due to depositors
Due to banks

Gther liabilities
Tota’s




...

6-28

•23

•58)

49.379

771.500:

119,160

5,087,527

1,700,

330

1,265

49,844
46,033!
26,071;
138,818 '

*8,510
40

3,246
61,491
11,439

300

21,088

iso

98.529

78,330
1,8(53

*9,690

400

"*’580

41,531
29,775

705,720
35,976
297,743
77,248

51,610

14.03!

302,360;

15,170

2,040
5,370
"

'520
7.930

7,660

2,945

60.260)

*03

•0?!
1-32)

2-oaj

10-99

112

74-84.23600
3 llOi 130-93

7-74

•22

197 03;457 90 1

3-20
....

9-3si

1-39
8-05

•48

1-27

101

S-20

*05

•39

*28

•30

•17

....

•04

•03

•33

•10

2-02
3-28

•01!
•10!

1-19

•02

•70

*31

•0)

•11

•05|

•07

•08

•11

•13!

20-28' 11-03 35 44

5-Uj

1-90

3-i9i

•os!

5’26! 119 48 44 50

4 3-521

•13

1 *84

•

•o>!

5-05

•

159
•58

•01

*50

•04

•91

47-83
10 89

2951
15-84
1 21

•03

•03

71-05
18-50
4-85

•23

•01

10 51

•21

7-63 1694

....

6 77

3-22

•03

1002
2167

3'25

1-50
•23

181-05
59 28

313-55

•84

•55

•12

•7*

•42

*12

•30

•07

2008

5 37

*59

•00

•05

*43

•07

•51

6828

3950
205-57

9-19! 36-97
1-31 28-78

732

4-78
1-20

6-5L
5-27

•89

206

•20

522 18
240-46

•45

•35

14-08 35*44 IS-59

...

....

81-52! 1300

....

•04

7’03 16 94

77 41
2415
933
4*13
77-34
26 73
7226
1913
15 47

3218

343 1,09529 1,251-39 2,346-03

•31

377 13-31
5-92-57
•45

•

6239

•93

•22

•61;

•

4980

3048
2-58

•20

272

l’26j
*00

(J8'59;St"52; 13 90

•02!

•

Millions.

28-86

2-05

1-18

•101

•12

•04

UTotal nited Staes

68022 1,21145
31217
232*52
3151
16-80
46-33
75*02
21612
126 44

2-04

S-00

•80

1-49

•10

Millions.

■0 ’>

3'l5

3"09i

•

Is

6-20 11 73

352:

*83

•18

•03

•04

3-32

2-99

•01

•32

66-36|20-59 18-831 3"38| 11*08
15-76!

•03

•20

•30

6‘25

•20

•10

•ot

•

....

....

•48

111

•24

•00

*02

11*711

1-45

....

•01

5 03

10-00

•50

1 31
1-95

157-90 1 5*26! 119-48:44-56:43'52j

2-50

*7l|
•12

1*01

•00

*14

•02

•09

■s:

*05

•02

*05

79-05
1171
28-09
8908
21-03
31-01
74'83
2115

*28

•23

.

•00
....

•21

■59

j

11-351 22-31

•50

•12i

7'00

•10

1S-06 10-15

•70

561 23

•09

•11

•23

1-75

j

•50!

*30

Millions.

1-80

•20

•58

•21

•30

•54

3-17;

S-38

*45

*03

•03

•33

•75

•81

Fran¬

w

S.

227

•30

'27

•4S

•>9

S-41

<73

Mil's: Mil's.

Mil's.

*28!

*02

....

Mil's

1*531

•19

1,212,433
96.47 1.999

O

•03

•o:j

1 >,b0"

Co

1-99

*42

....

N

1-80

•72

9,046
86,700

*7*4.135.10'*

u

cisco.

231 10-06

•47

‘2>0

1,150
3,210

CITIES, AND TOTALS.

2>

Mil's.

1,580

173.290
9.327.0

0

Mil's.

9.

510,234
306,704

7,760

>H,ri nj 12 77.412.160!

•11

•31

•07

46'25

2-78
22-51 j

*37

•13

l-09j

•17

2-39
51-39

•31

•78

•40

•12

20 43

5-97
1-48

2-92)

3-40

*03

338

•78

*99

•74

*13

Legal tender notes...

Clearing House exeh’s
U. S. ctfs. of deposit..

•28

1*7.)

*03

•83

.

rot

•03

T«!
*231

•18

Mil's.

29,000

74,236
78,011

156,268

7 "9 b 1S-05 11-55 12'53
•93
•03
3-03
6-08
•50
1-78
•90
J *40

9‘2S

•73

943

Mil’s.

Mil's.

451,341

1,796,915
427,556
903,136

c

0

387,490

39,830
13,310
4,820

£

*8

6-171

1‘32

Silver certificates....
National bank notes.

c

0

Mil's.'1 Mil's.
61-21 •25-50>2 4-27! 201

Mill's.

17 37

•13

Silver coin

Mil's.

7 "01

2-89)

Real estate
Gold coin

Mill's.

11693 2119)
25-69 1301
•25
6" 19

.

^

777,263

1,220
3,860

196,046

157,620
54,040
25,630
7,580

•3

%

3

lie sourccs.

§

2

»

32,380

1.130 010| l.G+U.Ubbj

*s

Totals for Reserve
Cities, &c.

1,870,000

8,962,945
1,927,635

429,174

909,330

141,681
153,50 *i

1,053,500
2,557,562

lo,290
64,640
95,500

950

2,2 24,5341

47 6,029

134,516
206.769
68,380
1,948,701
2,880

3 b, 5 60
44.110

650,534

23 1.293

1

253,563

11,120
4,710
2,000

139,601

•

43,600

2,4o9,2b9

68,160

5,43t).bG

404,91L
319,548

220

22,200

202,360
268,398

415,470
1,016,523

1,710

1,308.04 4 1,740,940

295.589

359,713

5.760
417.0.*0

1,097,842
105,211
323,800
418,099
559,135
5,843.355

17,690
18,200
44,190

51,610

1,133,43.**

504,187
113,000
691,900
184,651
6,744,436

15,710
14,740

36,508
125,290 1,310,790
8.130
10,392
156,960
177,962
42.112
27,320
3,000
47,467
20,460
74,243
80.0-0
221.718

86,649

591,000

1,355.213
1,010.911

412,018

65,472

7,598,496!

OF THE RESERVE

NATIONAL BANKS

*7,970

77,570

872,840
1,336.2-2
709.772
806,376

16.920

120,820

19.914

2,197,049;

TTTo-l.TT T.851,0 6 4

1.2 J1.450.6 1‘

32,390

*

62,226
03,433
359,800

1,982,457)

lbl,837
4,656,843

98,062

363,323;
580,191)

1,650,538*

235.410

163,074!
221,124!

77,08o
110,000

4 7,157.

1.878,2 JO

800

1,120

31b,800!

548,463

973,061

505,569

979,480

.

7,65*o!

116,266
31,250
514,307

3,400

32,380

461,891

183,2+3

5,400,090

5,412,071
2.213,033
1,207,010

73,900

6,310

4.510

2,628,05 tj

1,799,304
5,918,518
2,013,894

+1

O.

Total I)iv.No.8

604,498
506,378
785,798

20,26'*,714
25,659,3 49

278.906

411,705
386,757
125,09 4

11,759)

230,540
40,000
10,000

77.420

73,347

209.4 il.lH4j 18.097,32 4

135,530

....

..

842,874

1.210,56!

75,5-9.215)

144,595
796,371
531,476
*
51.889

<

190,379
425,225

1

833,637

,0 / 0,7'J 1
17,026,616
0,120,649
5,917,536
1

2,300,-90
1,804,109

7,9*^4,845

288,461

4

6,7-4,267
16,504,364
4,251,992

652

510.17S

15,444,770

879,000!
530,5371

28,147,818

133.289

24‘), 26 b

2,225), 2

8,654,763
29,833,709
19,523,522
36,8 26,971

20.830

71,591
164,685
92,191
33,814

683,790!

3

12,785,263
1,431,618

980.000

4!

Total for U. S...

4,217,362
4,529,423

15

2

“

^

4,70 *,3d"

230,952

9

Oregon

> Montana
New Mexico
,C Utah

18 /, 813

1,500,000
2,150.000
695,OoO

15

.jT Washington T.
f

76,173
152,778
209,026
22,11 2
3 02,016
24,353
416.421

3,6 lU,3ou

3,261.106
3,045.369
932,499
2,496,711

l.lbO.OOO
6 29,000 j

1,860,894!

75,000

1
1

( Nevada

©

1.651,57b

119,392
9,766.001
3.770,00')!
772,732,100
4,898,'.53!
oTTTTTTy.GJo) 19,371,55 +i

^ Wisconsin,oth.

*

48,401V* 16

8,717,245

4",570,876

55,028, +32

2,610,000
4,131,3031
263,000-

650.000

3,664.268

60,390
386,079
156,921

45*8.3 s6

71

2,96 6,797 j

10,174,200!

249.042

305,055

1,690,963
2,986,974
8,057,590
8,521,668

4.480,777;

2,650,000|

5
97
3
47

Detroit

1 42.840

576,179
213,828
115,34 1

22,04‘u

69,614
8,499,134

991,905;

9,488,92

38.4-6.O0O

8,600,oO(J
6,200,000;
21,964,001*
11,^69,500!
11,725,400!

..

..

_

3,93’■<,bo i

24,268,354
5,612,412
2,009,794

772,829

803,475!

5,942,500

57,508

113,738

11,081,315

1,814,454

9,628,9uo|

12
8

2 Chicago

u

282,000
19,400
1,257,132

1,835,000!

6,676,100!

( Cincinnati....

*

450r000|
3,525,000

19,923

166,550
4,156,482
1.677,343
49G.374
904*552
7,65*2.003

751,958
849,000 26,398,591
211,897,615 27,252,376 67,646.060;
50
480,860
24,502
547,746'
245,640!
7,613,3"0
730,727
39,170 3,770,079
83,860,625 3,007,761! 1,036,900
266,160
23,590 1,833,708
942.414!
321,470
29,488.577
350,070 10.04 5,546
631,038
61,209,0 44 9,586,715
252,440;
160,721
29,780 2,500,034
25,505,311 1,885,229;
87,640)
80,300 3,OS 9,506
171.200 1,298.575
63,578,86 4 3,433,044
1.372.r.90
48,118,324
1
3,913,74
46,655.2-5
<4
6
485.123.3
*,761.35**

2.315,1-41

855,791

1

Kentucky, oth.!

2

v)

1,935,000!

2,436,0001
300.000!

66

Tennessee

2

2,401,000!

Orleans..|

5* Texas

©

15
14
15
5
10

3,2 85, sin/
18,735,147
4.811,566
3,358,118
720,390

7,344,028

506,7 JO

5*7,49/
778,000

8

-5 Louisiana, oth.

5

60,000
1,177,113

6.595,56-4

Mississippi....
New

304,500

22,880,6351

lo-»

I Total Div.No.3

675,«>Uu

3,091,710
780,521

1 13.242

220
2.780
181.650

9,706

27,550)

130 800:

7,K)1,507!

2,610

135,101
309,067
90,308

4,524.950

-o
22i|
J5S
( Delaware

©

-

4

11,490!

$
177,460

$

$
49,459
53,189

8,010:

34 *,029'
1,067,25 41

j Treasury <£■ XT. S. ctfs.

certipc'tes of deposit.

$

187,355
208,296
3,808,966
1.6* 8,529

\Leg .tender»

Silver

Silver.

gold C. II. 1 Treasury
certificates. certificates

$

16,898,144
8,2)2,612
10,240,264
116,925,655
83,608,227
30,238,893
40,2 42,20"

151,-81

8,944,58 4
4,624,015
4,334,0-6
74,707,503

Island.

£ Connecticut...

overdrafts.)

$

$

$
2,464,253

10.3B0.000!
6.105,000

71,

( Maine

2

Other.

Individual.

$

P* Rhode

Loans d dis¬
counts. (IncTg

Surplus.

Capital.

COMPTROLLER MAY 6, 1885.

THE NATIONAL BANKS MADE TO THE

ABSTRACT FROM REPORTS OF

-*d N. Hampshire.
Vermont
M Boston
8 Mass., otlier ..

739'*'

THE CHRONICLE.

18b5.]

June 20,

2-70

85-82

52520
14510
60 18
273-85

52801 1,050*82
281-05
4059
10 43
7-72

3'43 1,095 23 1.251 39 2.3 46-68

740

THE CHRONICLE.

must be made from time to time. All the various needs of
a
new
railway in a new and rapidly-growing country, and
everything necessary to secure economical and efficient opera¬

%xl% jstmcnl
AND

The Investors’ Supplement contains a complete exhibit of the
funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the
last Saturday of every other month-—viz., February, April,
June, August, October and December, and is furnished with¬
out extra charge to all regular subscribers of the Chronicle.

Extra copies are sold to subscribers of the Chronicle at 50
cents each, and to others than subscribers at $1 per copy.

ANNUAL

REPORTS.

[Vou XL,

tion, and the full development and permanent control of its
traffic, must be supplied. For these purposes the estimated
amount required will be $5,045,000.
“At the end of December last,
according to a balance sheet
submitted, the total assets of the company amounted to
$216,711,725, as under:
ASSETS.

2,658 miles railway and appurtenances, including steam¬
ships and telegraph lines
$115,173,416
713 miles railway, built by Government, and
given to
company free, as part of subsidy
35,000,000
21,399,737 acres of agricultural lands valued at $2 per
acre

Amount in hands of Government to pay 9 years 3
per cent
dividend on capital stock of the
company
Balance due on lands sold
“
Land grant bonds in treasury
Outside assets

42,799,474
14,288,288
2,078,286
728,500

Canadian Pacific Railway.
6,643,759
Total assets
(.For the year ending December 31, 1884.)
$216,711,725
The adjourned meeting of shareholders was held in Montreal
LIABILITIES.
June 13. The Montreal Gazette said of the report of Presi¬ Represented by total liabilities amounting to
$106,914,303
dent Stephen: “ The statements submitted at the adjourned
As under:
annual meeting of shareholders of the Canadian Pacific Rail¬ Capital stock
$65,000,000
way Company held on Saturday mirror forth very clearly the Canada Central bonds
1,823,333
Quebec
province
on
(due
account
Q. M. O.
position of that important enterprise. Of the consequence to
& O. Railway...,
3,500.000
Canada of the railway, of the marvellous energy displayed in Dominion
Government loan
26.007,512"
its construction, of the confidence manifested in its work
Land grant bonds (outstanding)
3,688,000
by
the chief promoters, and of the pluck with which serious Floating debts
6,895,461—$106,914,306
obstacles have been met and overcome, nothing need at this *******
*
*
“As the shareholders are
day be said.’
already aware, persistent efforts
*
of the enemies of the
company at home and abroad to de¬
“The President is able to report that the
outstanding capi¬ stroy confidence in the enterprise have been so far successful
tal stock is more and more passing into the hands of
perma¬ that the $35,000,000 of unsold shares of the capital stock of
nent investors, and of the $65,000,000 there is held in
England the company have become practically useless as an available
some $40,000,000, in Canada
$15,000,000, and in the United resource. The directors have in consequence been obliged to
States $10,000,000, while the original promoters manifest in apply to the Dominion Government for a modification of the
the most practical manner their faith in the
enterprise in the terms of the act under which the loan of last year was granted
fact that to-day they hold a larger amount of the stock than to the company.
And a measure fe now before the Dominion
at any previous time.
Parliament which provides among other things for the can¬
The close of September is named as the date of the final cellation of the
$35,000,000 of unsold shares, and the substitu¬
completion of the track-laying, there remaining to be covered tion therefor of $35,000,000 five per cent first mortgage bonds.
at this time only 203 miles in British Columbia, from near the The measure also
provides for the postponement of the pay¬
summit of the Selkirks to Savona’s Ferry, and at the
opening ment of the indebtedness of the company to the Government
of next spring the company will have
efficiently equipped and amounting to $29,880,912 to 1st May, 1891, and for the reduc¬
provided with adequate terminal, elevator and other facilities, tion of the rate of interest from five per cent to four per cent;
nearly four thousand miles of road.” * * * “Last year, as the Government agreeing to accept $20,000,000 of the pro¬
is already known, the net earnings reached $1,191,900 ; in the posed bonds as security for the
payment of an equal amount
first four months of the present year they exceeded those, of of the debt; and, as
security for the payment of the remain¬
the corresponding period in 1884 by $922,014 ; the directors ing $9,880,912, to retain a first lien on the unsold
land of the
feel warranted in anticipating for the current year a net
profit company, subject to the outstanding land grant bonds.” * *
of $2,400,000, while in the first twelve months
Should this measure become law, the position the
succeeding the
company
opening of the line throughout a gross traffic of $12,000,000, will occupy on the opening of the through line next
spring
and a net revenue of $3,600,000 is predicted, or more than may be summed
up as follows :
half a million in excess of all fixed charges from the very out¬
It will have a cash deposit in the hands of the Dominion
set of the operation of the whole system.”
Government sufficient to pay semi-annual dividends at the
The report was adopted and the
following directors elected rate of 3 per cent per annum on its $65,000,000 capital stock
for the ensuing year : George Stephen, Montreal; Hon. Don¬ for seven and a half
years, or until the end of the year 1893.
ald A. Smith, Montreal; Wm. C, Van Horne, Montreal; Rich¬ It will own 3,299
miles; and will hold under lease 695 miles of
ard B. Angus, Montreal; Edmund B. Osier, Toronto; Sandfully completed and thoroughly-equipped railway, forming a
ford Fleming, C. E., C. M. G., Ottawa; H. S.
Northcote, Lon¬ total mileage of 3,994 miles. It will own more than 21,000,000
don; P. du P. Grenfell, London; C. D. Rose, London; R. V. acres of agricultural lands. It will own three fine steel steam¬
Martinsen, Amsterdam and New York. Hon. W. L. Scott, ships on the great lakes, and an extensive and
well-appointed
Erie, Pa. ; George R. Harris of Messrs. Blake Bros. & Co., telegraph system, with power to extend its
lines to
telegraph
Boston.
all parts of the
country. All this property, together with cer¬
The directors report has the following :
tain outside assets, in all valued at $230,960,585, will be
repre¬
PROGRESS OF CONSTRUCTION.
sented by a total indebtedness of
$53,892,245,
bearing
an
“On the mountain section the rails are now laid to a
point unusually low rate of interest; and by $65,000,000 capital stock,
near the summit of the Selkirks,
forming a continuous rail for which dividends for seven and one-half years will be in
connection from Montreal westward for a distance of
nearly hand.
2,500 miles.
On the Government section between Port
TRAFFIC AND EARNINGS.
Moody (the present Pacific Ocean terminus) and Savona’s
The opening of the through line to the Pacific ocean for
Ferry, a distance of 213 miles, the rails have been laid.” * * regular traffic in the
spring of next year will be the full accom¬
“On the section between Savona’s Ferry and the
present end of
the track, near the summit of the Selkirks, a distance of 203 plishment of the national and political objects which the Gov¬
ernment of the Dominion had in view in subsidizing
and aid¬
miles (the only remaining gap between Montreal and the
ing
the construction of a trans-continental line through Cana¬
Pacific Ocean), the work is so far advanced as to
justify the dian territory ; the company will then have fulfilled all its
expectation that the rails will be laid before the end of Sep¬
obligations to the Government under its contract; it will be in
tember—completing the track from end to end of the entire the same position as any other
purely commercial enterprise,
main line (2,895 miles).” * * *
and will depend for its
prosperity
upon the development of
FINANCIAL POSITION.
traffic and prudent management. The value of the
property
“In considering the financial position of the
company it as an investment must then be measured and determined
solely
may be well to remind the shareholders that at the beginning
of the present year there remained in the hands of the Gov¬ by the amount of money it can earn.
The following results of the operation of the
railway for the
ernment an unexpended cash balance of
$8,633,082, available last two years have been obtained from it as a new and incom¬
for the work under contract with the Government.
This
plete railway, only in partial operation, and having to a large
sum, as has already been officially stated, is sufficient to com¬ extent to
create its own traffic, and that, too,
during a period
plete the work remaining to be done, according to the terms of
unexampled
commercial depression :
of the contract.
“

“

“

“

EARNINGS AND EXPENSES.

But

necessarily, “ the directors have made during the
past year large expenditures for rolling stock, grain eleva¬
tors, terminal and other facilities, and for the general improve¬
ment of the lines in operation—all
necessary to secure the
requisite high standard of efficiency, though not fully fore¬
seen at

the time the contract

“The amount

was

made with the Government.

expended towards this object during the past
year was $4,702,684, and this sum, it will be noticed, accounts
for the greater part of the floating debt shown in the balance
sheet. Further additions to the equipment are now
being
made; additional facilities will have to be provided imme¬
diately, and the usual improvements incident to all new lines




18^3.

Passengers
Freight

$1,464,631
3,755,915

Mail

v

Expross
Sleeping

!

69.1C9

57,171
24,071
52,796

cars

Miscellaneous
Total earnings

Expenses
Net earnings

gross ;

1884, $623,193

gross.

134,352

$%423,695 '
4,862,552

$5,750,521
4,558,630

$561,143

$1,191,890

“Construction material included in above

$1,274,000

1884.

$1,980,902
3,410,365
85,736
95,671
43,492

earnings

:

1883,

Juke 20,

741

THE CHRONICLE.

1885.]

road of the company and
faction of said judgments.

its appurtenances for the satis¬
J. H. Cheney, the railway com¬
General
Manager,
pany’s
has
been appointed receiver upon
cost, and such cost is included in the expenses.
said creditor’s bills (with orders to keep separate accounts of
During the first four months of the present year, 1885, the the
earnings of the divisions east and west of Muncie), and an
earnings and expenses have been as follows:
Net
order of sale has been issued directing a sale of the entire rohd
Month.
Earnings.
Expenses.
earnings. and property of the company for the payment of the judg¬
January
$423,764
$339,058
$34,705 ments thus obtained. For the protection of their interests in
February
334,361
401,508
67,146
March
360,624
128,527 the property, it is absolutely necessary that the stockholders
489,151
692,141
367,776
April....
334,264 of the company should take immediate action for the relief of
its necessities.
Total
$2,006,565
$1,401,821
$601,744
THE FLOATING DEBT
There is thus shown an improvement in net results over the of the company is as follows:
first four months of last year of $922,014. The amount of con¬ Judgments
$330,000
struction material carried this year being $129,318 gross, as Coupons defaulted May 1. 1885, on first mortgage bonds of
75,000
Lafayette Bloomington & Muncie Division
Other debts, including pay-rolls
compared with $106,120 gross for the same time last year.”
220,000
Cincinnati Hamilton & Dayton.
Total
$625,000
fixed
The
charges
are
$278,500
per
year.
There
are
also
about
$100,(lor the year ending March 31, 1885.)
000 due annually on account of principal and interest of Car Trusts.
At Cincinnati, Ohio, June 16, th*
annual meeting of the
For the year to close withJuue 30 prox. the earnings were (four
stockholders of this railroad company vvas held, and the Jewett months estimated):
$1,270,263
board of directors was elected. Mr. Hugh J. Jewett did not Gross revenue
1.023,542
vote his proxies, but his board was elected and he was chosen Operating expenses
President. From the brief report submitted at the meeting, as
Net earnings
$246,721
given by the Cincinnati Commercial-Gazette, the figures
The uet earnings of the road for the four years ending June 30, 1885,
below for 1884*85 have been made up in comparison with pre¬ average $267,807 per annum.
The amounts included for carriage of
rial do not affect the net result, as it was
“

construction mate¬
carried at absolute

“

“

“

vious vears’ statements:
1882-83.

1833-84.

1884-85.

$3,088,407
2,100,016

$3,012,461
2,083,706

$2,865,933

*

Gross receipts
Op. exp. (in'el. taxes

& insur.).

Net earnings
Deduct—E
Interest on bonds
Divs. on Dayton &
Miscellaaeous

$988,391

$958,755

$1,024,662

$512,096

$509,840
132,015
6,185

$503,266

132,015
7,630

$651,741
$336,650

$648,040
$310,715

$645,933
$378,728

Mich, stock

Total deductions

.

Net surplus

.

1,841,271

132,017

10,650

which have been paid dur¬
the outstanding preferred and common
stock of Cincinnati Hamilton & Dayton Railroad, viz.:
Six per cent on preferred stock
$76,940
Six per cent on common stock
210,000
From this deduct also dividends

ing the

year upon

$236,940

Total

Balance, surplus
$141,788
The report says of the year’s operations: “As
with the previous year, there was a reduction in
6*48 per cent from freight, of 4*69 per cent from passengers,
and of 1*70 per cent from express business, with an increase
of 16*98 per cent from the mail service, making a reduction
of $176,527 (5*81 per cent) in gross receipts, while there was a
reduction of $240,915 (12*07 per cent) in the entire expenses,

compared
receipts of

resulting in a decrease of 3*80 per cent in the
operating expenses to earnings. There was a

proportion of

continued in¬

profits from the operations of the elevator proper¬
ties, while these facilities have resulted in much benefit to
the traffic department.” * * *
crease

in the

In view of the situation, the board of nireotors of the company has
Resolved, That the stockholders be asked to pay an assessment of
seven (7) per cent upon the par value of the stock, payable July 15,

1885, at the Mercantile Trust Company, iu the City of

road, and an allowance of 66^3 per cent
operating expenses, which is a large allowance after the road shall
have been placed in good physical condition, would leave net earnings
of $500,000 per annum, which would enable the company to pay its
fixed charges and gradually refund to its stockholders the money ad¬
vanced under the assessment suggested.
It must be remembered that
$100,000 of the $378,500 fixed charges consists of principal and interest
on the company’s car trust contracts, which in a few years will be paid,
off and discharged, leaving the fixed charges of the company from
thenceforward at $278,500.

ing capacity of The company’s
for

Springs.—The Lebanon Springs Railroad was sold
a foreclosure, at Greenbush, N. Y., for $155,000,
to Delos McCurdy of New York, who bid for William M.
Foster, Jr., representing a New York syndicate of bondholders.
In addition to the $2,000,000 in first mortgage bonds there are
outstanding about $350,000 of receivers’ certificates. It runs
from Chatham, N. Y., to Bennington, Vt., a distance of 57
miles, crossing the Troy & Boston and the Boston Hoosac
Lebanon

June 12 under

Tunnel & Western roads at Petersburg.

Mexican Central.—The Boston Herald reports the following
earnings in April, and for four months from January 1, 1885:
,

Gross earnings
Expenses
Net

GENERAL INVESTMENT NEWS.

..

...

earnings

...

Subsidy

Telegraph*—The lines of this com¬
pany are advertised for sale under foreclosure on June
27. Bond and stock holders can sign the reorganization
plan at the office of Turner, Lee & McClure, 20 Nassau
Bankers’ & Merchants’

Street.

New York, or,

after that date, with interest therefrom, with an agreement that the
money so advanced, and iuterest at the rate of six per cent per annum,
shall be repaid before any dividends shall be declared or paid upon the
stock of the company.
With a return and a maintenance of rates and average crop s in Ohio,
Indiana and Illinois, $1,500,000 is a conservative estimate of the earn¬

Total

...

revenue

...

Total revenue in United States currency...
Interest*

......

Surplus
*

...

..

..

April.
$308,391

1885.
Jdn.l to Apr.30.

$L,270.247

171,515

6d5,708

$136,876
91,941

$604,539
365,633

$228,817

$970,172

$196,129

$831,576

150,OuO

600,000

$46,129

$231,576

Includes the January, 1886, coupon.

Central of New Jersey.—This company advertises to pay on
Nashyille Chattanooga & St. Louis.—The gross and net
June 20th the interest on the convertible bonds which fell
for May and for the eleven months since July 1
earnings
due May 1.
The interest on the debentures, due May have been as follows:
1, is not paid, and the company gives no promise of
May-.
> /—11 mos. July 1 to June 1.-%
its payment, but this interest is an absolute obligation, and if
1884.
1883-84.
1885.
1884-85.
not paid is therefore cumulative, as the debentures are not Gross earnings
$167,495 $190,751
$2,093,019 $2,210,130
105,432
1,218,205 1,221,179
“income” bonds, on which interest is payable only if earned. Operating expenses.. 101,499
—The railroad committee of the Philadelphia City Councils
Net earnings
$85,319
$874,814
$988,351
$65,996
have bv a vote of 18 to 6 reported favorably to the application Interest and taxes
56,529
55,080
626,140
C07.815
of the Baltimore & Ohio road for right of way through that
Surplus
$9,467
$30,239
$248,074
$381,136
city.
New York Chicago & St. Louis (Nickel-plate).—A tele¬
—In the matter of the New Jersey Central Railroad Car
Trust, of which about $240,000 is still outstanding, and the gram to the Chicago Inter-Ocean from Cleveland, O., June
payments on account of the sinking fund were recently sus¬ 14, said : “The appended statement shows the total earnings
pended, it is said that an arrangement has been made where¬ of the New York Chicago & St. Louis Railway for the first
by the interest is continued at the rate of six per cent per five months of 1885, and a comparison with the figures of 1884.
The remarkable increase of $14,684 is shown in the first three
annum and $20,000 is paid quarterly for the repayment of the
principal. This will pay the entire amount of certificates months over the earnings of the same period last year, and the
still more remarkable increase of $10,669, is shown in the earn¬
outstanding in three years.
Huntington Southwestern Railroads.—The gross and net ings of May, 1885, over the earnings of the same month last
earnings in the month of March, and from January 1 in 1885 year.” * * * “There Js something in these figures worth
considering:
and 1884, were as below:
1885.
1884.
/

...

1885.

March —
Louisiana Western...
Texas & New Orleans
Gal. Har. & Sail An.,
Jan. 1 to date—
Louisiana Western...
Texas <fc New Orleans
Gal. Har. & San An..

.

,

1834.

Net.

Gross.

Net.

Gross.

$51,932
75,542
225,918

$27,243
33,071

$7,749

107,303

$29,38 L
56,440
185,070

143,653

71,534

51,297

220.573

87,458

130,929
232.408

674,079

280,510

070,624

16,480

2,941
89,096
66,863

Lake Erie & Western.—An official circular addressed to
the stockholders of this company has the following:

Judgments have been obtained against the Lake Erie &
Railway Company in the United States Courts for
Ohio, Indiana arid Illinois, in favor of holders of floating debt
“

Western

of said company, aggregating about
bills ha^e been filed thereon praying




,*3

$330,000, and creditors’
for the sale of the rail¬

January

-

February
March...
Total

“Increase for first quarter, $14,684.
“The loss of $45,732 in February was

$279,354
247,480
292,816
$819,650

$247,247
293,212
264.427
$504,986

caused by snow block¬

by increased earnings in January and
March. A comparative statement for the first two months of
the second quarter is as follows :
1885.
1884.
April
$251,000
$255,254
May
232,439
221,709
“This makes a total increase of $29,599 for the first fiye
months of the year 1885 over the first five months of 1884.*

ades, but was overcome

3£hje Commercial flutes.

Shipman has issued an
of the New York &
first mortgage coupons due

New York & New England.-—Judge
order allowing Charles P. Clark, receiver
New England Railroad, to pay the

of the road
receiver have

July 1, 1885. The receiver states that the net earnings
are sufficient to pay all these coupons.
More than half of the
1,200 second mortgage bonds delivered by the
been exchanged for car trust certificates, and an order by the
court directs the receiver to pay the interest on the bonds
numbered 3,101 to 4,341 inclusive.

Pennsylvania & Ohio.—Mail advices from Lon¬

New York

the question submitted to
proposal to stop the issue

bondholders,

don report that the
on
them in the circular of May 20 for the
of further first mortgage bonds, have

voted—1,241 persons, hold¬

ing $18,130,000,

holding $735,500,

for it, and some 39 persons,

.against it.

has de¬
committee
It is not
made against the Colgate-Hewett or Windsor Hotel commit¬
tees, but simply by parties interested solely in the bonds and
who propose to protect their own and the interest of those who
go with them. Kiernan’s Wall Street report says to-day: “The
Windsor Hotel West Shore Bondholders’ Committee, W. M.
Lent, Chairman, has issued a circular endorsing plan of Taylor
Committee and recommending its acceptance by bondholders.”
Ohio & Mississippi.—Earnings for April and four months

New York West Shore & Buffalo.—Mr. Cassatt
clined the receivership. Mr. Taylor says of his
that their movement is beginning to be understood.

are

fYOL. XL.

THE CHRONICLE

742

reported

as

follows :
,

April.

1885.
Gross earnings

$288,904

Operating expenses...

221,641

Net earnings....

$67,323

.

1884.

Friday Night,

spring season of 1885 may be said to have
definitely to an end, so far as there is any approach to
activity. For the next month there can be little more than
the adjustment of accounts and a brief vacation, preparatory
The weather has been vari¬
to the business of the autumn.
able, but generally favorable to crop prospects. Violent tor¬
nadoes have, however, done much damage to property.
The speculation in lard futures has been quiet throughout
the week, and prices have shown very little change, closing
at 6*82c. for July, 6’95c. for August, 7*07c. for. September and
7*17c. for October, and spot lard dull at 6f65c. for prime city.
6*85c. for prime Western, and 7c. for refined for the Continent,
Pork is about steady at $9 50(2$9 75 for extra prime, $11 50
for mess and $13@ $13 50 for clear.
Cut meats have latterly
shown rather more activity and firmness—pickled bellies 534
Trade for the

1884.

$306,476 $1,198,735

263,251

949,328

$1,226,016

$13,225

$249,407

$36,326

June 19, 1885.

come

,—Jan. 1 to April 30.—.
1885.

~

COMMERCIAL EPITOME.

1,139,690

election of the
directors were
chosen : Elijah Smith and William Endieott, Jr., of Boston;
James J. Higginson and John N. Dennison, of New York, and
C. H. Prescott, C. J. Smith, John Muir, D. P. Thompson and
Joseph Simon, of Portland. This is practically a re-election

Oregon Improvement Co.—At the annual
Oregon Improvement Company the following

of the old board.

Smoked

@5?gC., shoulders 4%@5c. and hams 934@9%c.
hams are quoted at 10@10%c. and shoulders at 5%@6c.
mess beef is dull and lower at $19(3) $21 per tierce ; extra

India

mess

$19
5%c.

quoted $11 and packet $12@$13 per bbh; beef hams $18@
per bbl.
Tallow has been dull, but closes steadier at
Oleomargarine is quoted at
and stearine 8c. Butter
has ruled steady at 16@20c. for creamery, but the decision
that the anti-oleomargarine law is unconstitutional has checked
speculation. Cheese is dull and has lost part of the late
vance, and State factory is quoted at 5@7V£c.
The number
swine slaughtered at eight Western towns, March 1 to June
10, was 1,737,409, against 1,424,338 at the same towns for
corresponding period last season. The following is a compar¬
ative summary of aggregate exports from October 27 to

ad¬
of

the

Navigation.—At the annual election June 13:
committee reported in
1854-85.
1883-81.
be voted. There were Porlc
Tnc. 9,102,000
lbs. 34,737,400
2^,635,400
lbs. 287.627,524
226,f.41,453
Inc. 61,086,071
235,551 shares voted, all of the old board receiving this vote, Bacon
lbs. 187,290,215
134,377,247
Inc. 52,912,968
Endieott, Jr.; N. P. Hallowell, Charles L. Lard
as follows: Wm.
Colby, John H. Hall, Elijah Smith, C. H. Lewis, W. S. Ladd,
Rio coffee has been dull, but fair cargoes have been steadily
C. H. Prescott, Henry Failing, C. A. Dolph, H. W. Corbett
and Lloyd Brooke, the last seven being of Portland.
There quoted at 8?gC., and in options the fluctuations have been
was a vacancy in the old board caused by the resignation of
slight, closing at 6*70c. for June and July, G’SOc. for August,
T. J. Coolidge.- For this vacancy Brayton Ives received 118,- G’85c. for Sept., 7c. for Oct., 7T0c. for Dec. and Jan.
Mild
164 votes, being a majority of the total shares voted.
The grades have been more active and steady. Raw sugars have
directors elected Mr. Elijah Smith President.
very active, and we have
to note a further ad¬
—The lease or contract with the Northern Pacific and Union been
vance.
To-day there is no further improvement in values,
Pacific will now probably be effected.
—The Boston Advertiser reports Mr. Charles F. Soutlmiayd, but a large business has been done; fair to good refining 5;g(a>
of the firm of Evarts, Southma3'd & Choate, to have said
5340. and relined 7}£c. for crushed and 6K£c. for standard
that, while there might be technical objections to what is
“A.” Molasses is also dearer at 21c. for Cuba 50-degrees test.
kown as a lease, a contract could readily be made fully as
strong and binding as any lease, and which would serve every Teas have continued without speculative action, but no fur¬
Oregon Railway &

in Portland, Oregon, the arbitration
favor of allowing all the proxies to

thereof.

quoted.
Kentucky Tobacco during the past week has
to make a joint lease with Union Pacific of Oregon Navigation,
been
a little more active, some 450 hhds. having been sold, of
and authorized counsel to draw up the base.
which 400 hhds. for Spanish account at full figures. Prices
Oregon Trans-Continental.—The stockholders, at their remain firm and unchanged at former quotations; lugs 6@7%c.
annual meeting at Portland, Oregon, elected Mr. A. B. Guion, and leaf 7l{@ 12c. Seed leaf has continued very active, andl
6ales for the week are 2,045 cases, as follows : 050 cases 1884
of Work, Strong & Co., in place of Mr. Brayton Ives; Mr. C.
H. Taylor, of Edward Sweet & Co., was chosen in place of Mr. crop, Wisconsin Havana seed, 6@20c.; 100 cases 1884 crop,*
Whitney, and Christopher Myer in place of Mr. Coolidge. The New England Havana seed, p. t.;300 cases 1884 crop New
•other directors were re-elected. Elijah Smith was re-elected England, 15@ 16c.; 150 cases 1884 crop, Pennsylvania Havana
President.
seed, p. t.; 285 cases 18»3 crop, Pennsylvania, 8@12c.; 1 GO cases
Texas & Pacific.—The directors of this company have 1881 crop, Pennsylvania, 5@10c.; 100 cases 1883 crop, Wisconsin
ordered the issue of scrip in accordance with the terms of the Havana seed, 12@25c.; 150 cases 1884 crop, Ohio (for export),
mortgage for 12 months’ interest at the rate of 7 per cent per 534@534c.: and 150 cases sundries, 5(a35c.; also 400 bales
Havana, G0@$1 12J£; and 200 bales Sumatra, $1 25@$1 60.
annum io July 1, 1885, on the income and land grant bonds of
Crude petroleum has developed speculative strength, the
the company.
news from the wells not being promising of a large produc¬
Wabash St. Louis & Pacific.—At St. Louis, June 13, tlieU. S. tion, the close this afternoon being at
Crude in
Court granted leave to the United States Tru^t Co., of N. Y., to barrels quoted at 634(9) 73gC.; refined in barrels for export,
begin suit for the foreclosure of the first mortgage on the 7^s@8c., and in cases, 9(o)1034c.; naphtha, 6J3C. The specu¬
Omaha Division, formerly part of the St. Louis Kansas City & lation in spirits turpentine has been active at buoyant values,
Northern road. The interest on these bonds has been in de¬ there having been sales at 37c. for the summer and autumn
fault since April 1. This foreclosure suit' is on the Omaha months, but the close to-day is easier w ith sellers at 36c. for
Division only.
August and 3634c. for December. Rosins are quoted at
—The receivers of the Wabash Railway Co. failed to pay
$1 1734@^1 20 for common to good strained. The business in
the past-due interest on the company’s main line bon<L. They
wool has been less active for the past week.
say in a circular that the continued war of rates, together vrjth
Metals are without feature, except the subsidence of specua large falling off in business during February and March, and
IatiC'a in block tin. At to-day’s Exchange pig iron certificates
more seriously still in April and May, will account for inability
were
an(i steady; bids $15^J@$16, and
to meet the interest on bonds.
They say that—“On our asked qu'et
Tin *rregular, but in the main easier, closing at 2134@
appointment to the receivership we found more that $2,000,000 2134c.’ spot, 19^.* futures. Tin plate
at
of matured and pressing claims which had to be paid, and in
$4
25.
Copper
steau'7
for
Lake
at
ll}4@ll‘30c;
order to do this the United States Court authorized us to issue
10@10*53c. Lead
49-30@10*35c.; Orford easy
$2,000,000 of receivers’ certificates, with instructions to sell 3 95c.; domestic, 4f40c. bid for iLrei£n* Spelter
them at not less than par.
We have been unable up to the
Ocean freights have been generally ^uJ, but on
present time to dispose of them for cash, save in a limited there were considerable shipments of wheJ? nL ^7 V*0, 'on¬
way; and until we can find a market for them, or there is a
ion, 214d. to Liverpool and 3d. to Glasgow per
revival of business, we are compelled to ask indulgence in the
Is. 10J4d. per qr. to Copenhagen ; since which business U
payment of coupons which matured in February, March, April
again. Petroleum charters wrere fairly active.
and May.”

purpose

—The Northern




Pacific directors at their

last meeting voted

ther decline is

The market for

$16;4@$16;4
steady $4 17^@
Baltimore,
firm at 3*80@
neKlcctcd.
Wednesday
bushel, ana
Tulet

June 20,

743

CHRONICLE.

THE

1885.]
COTTON.

In addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not clearedt
at the ports named.
We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.
us

Friday, P. M., Juris 19,

1885.

The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending

the total receipts have reached 2,877
bales, against 4,729 bales last week, 3,917 bales the previous
week and 6,964 bales three weeks since; making the total
receipts since the 1st of September, 1884,4,712,884 bales, against
4,777,380 bales for the same period of 1883-84, showing a
decrease since September 1, 1884, of 64,496 bales.
this evening (June 19),

Mon.

Sat.

Receipts at—
Galveston

m

Indiaiiuia, &o.

m

....

mmmm

New Orleans...

220

65

2

234

Mobile
Florida

Brunsw’k, &c.

14

mmmm

.

.

.

.

8

....

22

1,041

9

269

....

23

23

....

61

99

....

21

....

...i

13

37

....

....

mmmm

....

2G

26

3

3

1

....

7

• m m m

....

....

Charleston

Norfolk
West Point,&o

•

New York

38

m m

mmmm

....

....

mmmm

....

....

....

9

28

....

....

29

Baltimore

....

15

43

256

....

3 J5

365

48

48

15

Pkiladelp’a, &c.

34

11

4

Totals this week

392

422

340

462

....

305

....

186

186

....

6

93

1,093

2,877

•

....

43

....

22 4

....

.

1681

For comparison, we give the following table showing the week’9
t3tal receipts, the total since Sept.l, 1884, and the stock to-night,
and the same items for the corresponding periods of last year
1884-85.

Receipts to

Calves ton

Since

Sep.
1, 1884.

litis

June 19.

Week.

22

Ind’nola,<fcc

This

Since S^p.

Week.

1, 1883.

455,526
10,942

143

...

1,041 1,511,243

New Orleans.

Florida

23

Savannah....

99

223,936
77,670
720,396

Charleston...

37

510,924

Pt.Royal,&o

26

Wilmington..
M’lieadC.,&c

7

7,163
93,606
9,621
550,738
232,913

269

Mobile

•

256

Norfolk

363

W.Point,<fec.

589,545

4,0CS

1

8,474

41

789 1,510,834

62,2 47

74,355

7,281

5.036

11

42,887

2

434

651,925

2,164

793

171

416,8 43

2,161

2,620

13,697
91,709
12,588

576

859

265

577,347

1,854

1,618

95

221,953
107,600
178,596
29,963

235

•

IS
......

.

...

260,073

251.431

62,858

6,310
5,932
8,577

5,756
9,704

4.725 4.777,380

361,561

361.999

....

67,983

325

82.497

126

Baltimore 7..

186

41,304

Philadel’a.&c

88

51,340

•2.877 4,712.<=8 1

.

8,084

305

Totnl

3,467

252,477

103

Boston

New York...

1834.

1885.

432

9,747

Br’sw’k,<fcc.

Stock.

1833-S4.

,

1,950

6 310

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

1885.

Receipts at—

1

1832.

1883.

| 1884.

553;

2,933

825

2,216j

3,930

4,654

Galvest’n,&c.

165

New Orleans.

1,041

78 >

1,509
3,59 /

269

108

30 2

367

99 j

43 4

1,541

63

171

332

2,382
3,217

r*
/

13

176

1C

621

360

88 2

1,631
2,993

Mobile

Savannah....
Charl’st’n, &c

Wilm’gt’n, &e
Norfolk, Ac..
All others....

Tot. this w’k.

.

433

!

4,056

2,412

612

4,725

2,377

12,395

1880.

| 1881.
j

13,363

■

661

884

1,932

1,281

816

640

351

75

4 286

3.152

8,467
23,470

Great

France.

Britain.
New Orleans....
Mobile
Charleston
Savannah
Galveston
Norfolk
New York

Other ports
Total 18S5.
Total 1884
Total 1883

12,000
23,511

Bince Sept. 1. 4712,384 '4777,330 5881.551 4611,199I5646.16S!4325,077
Galveston includes Indianola; Charleston includes Port Royal, etc.;

Wilmington includes Moreliead City, &c.; Norfolk includes West Point,&c.
The exports for the week ending this evening reach a total

of 23,261 bales, of which 13,805 were to Great Britain, 1,847
to France and 7,609 to the rest of the Continent, while the
Btocks as made up this evening are now 361,561 bales. Below
are the exports for the week and since September 1, 1884.

Foreign

From Sept.

Exported to—
Qreat

from—

Brit'n.

France

Conti¬

Total

nent.

Week.

1,1884, to June 19,1885.
Exported to—
Conti¬

Great
Britain. France

nent.

Total.

.

Galveston
New Orleans..

2,195

....

2,165

157,048

8.609

682.020

287,957

*43,130
Florida.

m

••••••

Savannah
Charleston*...

•

•

•

•

•

mmmm•

••••••

......

......

Wilmington...

......

......

313,200

Norfolk+

9.383
3,177

New York
Baltimore...

3.5S5
179,903
104,211
51,822

.

1,847

1,290

5,178

16,363

454,242

50

3,227

125.875

186

1,470

120,349

11,099
22,259
6,375
42,703

3,087

58.588

Phtladelp’a,Ac

64,145
700

43,830

199.250

3,58'
390,858
339,985
345,305

161,685

058,09.)

509

120,444

40,871
5,816

104,307

Total

7,009

23,201 2,354,039 392.749

994,123j

Total 1883-84

88.549

3.237

12,451

54.237 2,3 ?0.212 405.061

899 9241

"Includes exports from Port Royal, Ac.
t Includes exports from West Point, Ac.

51,450
7.281
2.161
2,114

672
None.

7,402

11
None.
None.

300

None.

18,102
3,300

3,336
1,854
241,971
18,473

6.088

9,669

509

32,921

328,640

736
354

1,545
2,947

1,854
4,334

11,561
23,511

350,433
378,115

10,500
3,000

16,655
7,426
15,876

1.967
None.
None.
None.

None.
None.

None.
None.
50

week under review a sharp decline in

There has been in the
cotton for

which has,

future delievery at this market, the progress of
however, been attended by frequent and somewhat

irregular fluctuations. On Saturday last there was a sharp ad¬
vance, caused by accounts, which seemed to be well authentica¬
ted, that the crop in Texas had been injured by worms. But Liv¬
erpool and Manchester refused to respond and under a pres¬
sure to sell there was a decline from the close of Saturday to
the close of Wednesday of 15(3)17 ponts for this crop and 11@
13 points for the next.
The speculative interest was at time3
strong in the winter months, with August options also freely
dealt in; but at the close on Wednesday September was a lead¬
ing month. Yesterday the Liverpool report was stronger and
Manchester showed less depression, causing a demand to cover
contracts at an advance which was not fully sustained, and in
the latter dealings there was a sharp decline under a fresh sell¬
ing movement. To-day the market was again lower, but was
feverishly active, recovered part of the early decline, but'
again became weak and unsettled. Cotton on the spot has
been active for export with a good business for home con¬
sumption, but at declining values. Quotations were reduced
l-16c. on Monday and on Wednesday. To-day there was a
further decline of l-16c., with more doing for home consump¬
tion, middling uplands closing at 10 7-16c.
The total sales for forward delivery for the week are 356,000
bales.
For immediate delivery the total sales foot up this week
12,280 bales, including 9,660 for export, 2,620 for consumption,
for speculation and — in transit. Of the above, — bales
were to arrive.
The following are the official quotations for
each day of the past week.
Sat*

Ordiu’y.$tt>

8*8

Strict Old..
Good Old..

81316
9*8

Btr.G’dOrd 10
Low Midd’g 10*16
Str.L’w Mid 10‘s

Middling... 105a
Good Mid.. 1013,
Str. GM Mid 11

a

Midd’g Fair : 11 3a
12

Fair

Ordin’y.^ !b

8*,6

8*16

8b

83.1

S3*

81*16

I1 87j6

04,404

|

Tues

87!6

87is

Tl».

Fri.

83g

8b

8I3lf

813,6
9*8

3* 1 8
8%

Sb

87,6

S78
8**161 37S
934
9iije 91110
9% i 91116
9»,a
99|6
10J1H 101,6
91*16 91&10 10*8 i 10116 DO 16 10*8
103s
103a
107,6 ,10^8
104
10b
io"16 0 0:%
107lfi 10”! 6 10*8 |109lB 109,6 105a (109,6 0*9,6
109.6 109l6 10* llOWft 101*16 10% 110:1,fl 101 :,e
lU7s
UM*,6 1078
1078
K'%
10%
101*16 1078
Ilbfl 11*10 lib -llhrt libs
1016ie 1015^ 11*8
1 1*16 1 L *! 6 lib
ill7l« H716 lib '1 l716 U7is
1 1;5ih
1218 11211« 12h« I21s i 1211« il2llc
87s

S78
91J16

Fri. Wed

Th.

Fri.

j

838

8*16

813lh

9%

9*8

99,6
915,6

8*4

Sb

83,0

811,6

8 *8

1 1 7ft

Fair

j Mou

Sat.

!

XU.

Midd’g Fair 11 *4

Moil Tues

Sat.

Mon Tues

Wed

Strict Ord..
8*116
9 b
Good Ord..
3 kv-G’d Ord 97s
Lo*v Midd’g 103,6
Str.L’w Miu 1038
Middling... 104
Good Mid.. 1011,6
Str G’dMid 1078

TEXAS.

NEW ORLEANS.

UPLANDS.

June 13 to
June 19.

83ft

i 8'3,6

-

97,6 1. 9*8
913,6 10
10*8
105,6
10*16 IlOb
107,6 105s

9b

97e

103,6
1038
10‘s

10

107b
lib
117ft

Good Ordinary
Strict Good Ordinary
Low Middling
...

10b
1

10*8

i

07,6
09,g

9*8

99,8
91o,6

10

10

10a,8
10b
10*8

105,6

10

10 b

107,6
109,0

105a

b

101316 10*3,3 7 034
1013,g 10%
11
11
1015,6
101*,Q 11

! 113a
11 13,6 12

1138

11°1 6

1138

1138

11*16

12

111*10

12

12

111*16

| Sat.
-®lbJ 8
|

Moil Tues AVed

113,6

STAINED.

10*, 0
10 b

Wed

{1013 , g
10i316!ll

1011,0 10*8

!

Siiie1

Iiob

Middling....

1

Til.

Fri.

77b

713,0

■

71*16

715,0

8*8

8«e

97,6
10116

! 97,0
lObfi

77e
89,fi
93g
10

8b

89,0
9 3a
10

9*,0
9i*ie

MARKET AND SALES.

The total sales and future deliveries each day during the
week are indicated in the following statement.
For the con¬
venience of the reader we also add a column which shows at a

glance how the market closed on same days.
SALES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.

Ex-

i C071-

1,600*
4,050

Total.

P.630

.

.

rue

uau.y deliveries

Spec- Tran-

port. sump ul't'n\1 sSt.

8at.. Firm
Mon
Steady at 1,0 dec
Tues. Quiet
Wed
Steady at i,fl dec
Thurs Quiet and steady
Fri.
Weak at 1 ,tt dec .
.

1,84?

weaving
Stock.

Total.

10,797

5,230
None.
None.
None.
658
None.
200
None.

65.S02

14,040
25,070

13,805




230,402

327,850 1,297,839

153.515

Coast¬
wise.
445
None.
None.
£0

3,155
None.
None.
None.
None.
None.

.......

Week Ending June 19.

1

Other

....

....

....

mmmm

64
•

Boston

....

June 19, at—

*•••

....

....

....

3

• ••

Pt. Royal, &o.
Wilmington....
Moreh’d C.,&c

39

....

2

28

Savannah

368

10

...»

....

22

107

....

....

242

143

S

114

....

Total.

Fri.

Thurs.
5

10

6

m •

Wed.

Tues.

Shipboard, not cleared—for

On

i

l, 4 io;
2,000
600,

1.885

285
600
300
230

4,650
300

1,640
2,495
1,310

495
710

2,620'

givou aoove

Total.

FUTURES.

Sales.

are

ae

1,100
1,400

61.500
49,700
38,100
74,300
52.500
79,000

12,280 356.000

previous to that on which they are reported.

Deliv¬
eries.

1,000
£

1,1*00
600

5.200

744

THE

The Sales

Prices

and

of

Futures

are

shown

CHRONICLE.

by the follow¬

ing comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing: bids, in addition to the daily and total sales.
Qto®3.

oa£g*
®,g
S'® ®»

^•O

o

«-•

3

gasf in

oa o ®

Oi

® O

f1

GOOD

:

S°o9
P 9®3
*< ©Sr1

c

p*

9o>ri

top
•“‘bob'

**t
•

a:

o

w©

y

>

I ©

®

co

*■*

©

:

1 *5;

HMjjH

OOo®

6 6® 6
-vl

O'

I-1*-

N O'

e

J

U,

99

<
®

©©

coco
MO

*■*

C X

1

91:

•

MMO

M

X

MM

>

©

to a

>

>

t>

>

MM

99

◄

®

®

mm

®

%

"*

99
66

c®

66

<

®

®

03 tO

**

MM

tOM

wo

*

MH

%

®o

*

I 9^:

I $©:
OOo®

a.

**

o

oo

MX

y

>

»— M

r>.

h t—*

®

99
44

>
◄

lOM°M

%

£

oo

®

m

COto^
I ©w:

4

to

to,—

y

MMqM

9®o®
6 6° 6
03 X

O'

Mr-

>

c9
®

I © p:
Hr®r*

®9o9
hhOh

*1

I ©w:

66®6

®

o^-to^
I 9 m:

anM

MM**-*

99® 9
46® 4

990 9
44©4

WO

03

XM

99
44

-4
®

tOM

*400

t

0 03

M —

I ©ot;
M

M(35 *-*

®®o®
4 6® 6

'

»-

8
cot-*

co©o
66® 6

w

©

M
M

t>

o’>4

M M©M
MX
w

M
M

<

oo

®

O' O'

►
<1
®

9®
64

S.|S-

w w

o

r-M

C>
<
®

99
66

99o9
O' 6® o»

99o9
66® 6

too

ro

to to

Mp-

M —

o®

oo

>

66

®

03

i ©w;
H M

66

®

-vl O'

^

©

•JO

<

o®

MM

®

coo

i^Om^
I ©*•:
CD CO c

66

®

*

O'O

M

9®9
o

-i

030

®

5j

O©

%

^

mo

^

Mrfu M

M M ©

66®o

W

10 ^4

99

5*

coco

^

wx

coco

XX

◄
®

XX

®

wo

^

0303

*

I ©tf^:

I ©pj

II

£0

9®9

6©x
•

©

CDCD©CO

66©x
xo

®

xx

®

M

*■<

0^1

^

I ©®:

coccSco

®

XX
X 03

I ©co;

^

I ©®:

co ©CO

6©6

99 ©co
x6©x

m

to

CD O

X

CD CO

%

ccco

99

®

*
1 ®w:

if* ©

II

909
M

®

X CD

y y

^

osy

^

I 9^:

®

MO

^

si«r:
©M
OOOO
—

I•

I ^9:

r

COCO

66

•

^
1 ©to:

1 9

%

©©

^
:

MMj^M

co©o

<66

®

^
:

aa

1 9
H*
©

|

1 9:

M

o©

91:
W

MM

>

Mi—

r>

M —'

<
®

99

<

M *—

®

H*

**

ax

^

X<l

! »m:

h-M^M

© O ©

1—

©
MtoOto

w

“J M
MM

00

OO

66
ax

1—

1

©°

to

1 ©to

“J

y

l ©h»:
1
1

90
66

**

—

©

%
®

1-1
I 9
:
MMaM
X if*

mi—

r>

1 9

|

to

MX

MM

:

1 9

M

1 ©®
1 ©M

1
'

©

mm

t>

99
wtb

<

%
®

O©
to©

I 9

—

m

:

r>

©y

+*

©;=:©
to ©

w

ti
•

J

1 9
M

9 l ©9

©

1

1

66©6

W

1 ©to

cox

M

W

CD

—

M

©

y

I I

»1
9: :

9

41,000
401,626
77,999
3,000

31,000
351,644
53,106
5,000

1,997,270 2,280,818 2,493,525 2,158,450

599,000

739,000
271,000
227,000
401,626
77,999
3,000

534,000
100,000
144,000
351,644

53,106
5,000

1,416,370 1,407,318 1,722,625 1,187,750

Liverpool stock

231,000

London stock
Continental stocks
India afloat for Europe

294,000

22.000
112,900

54.000
159,500

206,000
9,000

344,000
22,000

243,000
57,500
121,400
305,000
44,000

366,000
59,300
126,400
388,000
31,000

580,900
873,500
770,900
970,700
1,416,370 1,407,318 1,722,625 1,187,750

t-

5

5

5

2.5

o'

» Oo *-J

pcrgigg*- cigt 'dv b-g.
«sP*
p p aeo. o
Q
egg.»•*
H X

g

?SffS8fg:

i i
g-: n: : : ; 5'?pp: E5: V
£:

■CD

I

M
M
y mmomco©
C 10 M X X “1 ©

:

XM

;
’

m•

©mym<i;
cacu^.

MM

•

m©:

aMCto.

*

to

m^
to:
^tccccvi,

“ivj
wa

w

CO tO O' m
M

®

a

M
tO tO
cji x cc a a m jf. go co a
ix

' GO 1—■

W^vJ “1 M a
— m co^-or ©

K*

^

y to co co m © co co m pjo wp^o x a o
olo mIo VjTtd 0. o x-'-1 a n x a “jlctc co‘^>

<y a m to to a a

:

M

m co to <i co m n 01

“

aeo^-M-woxotoxaa©NXT.Ma<i
XrM-lOM a WWCO-JW a XtOXXMtn

HWa.M0.NO

MM

(_>M

“4

6 w© w

4,800

to

co y

OOo®

36,009

i

9 1 ©9
1 ©to

9909

22,000
361,999
39,119
5,200

39,119
5,200

=-

M

:
tO1-1
©O

M
to

M CO

©

<1 to

<1 a

y

C"© CJ1MO"©

y toy a©

X

OtOOH*CO“vI<|MG^O«

W
to
“vl

:

9.000
361,561

36,009
4,800

©

®
^

226,400

M

<

1 9

395,400

7,000

“1

99
66
M

to
M

©

i-M

M -ft —

to

—

457,500

361,999

o

to y

©

6,100

79,000

CO

1

tO M

M CD

^

OOoO

M —

17,000
12,000

361,561

1 ®w:

©©c©

**

M

®

coc

I

>—

£.

%

1— M

Mmqh

•

1 9

o©

M

®

tO
W

:
^

to—

9

©

tp.

to©

©©9
©

MM

<

M

to

“v|

99

M®M

®

1 ©to:
H'p. M

®

M

MM

M

9

©o

>

%

1—

OO

M

362,900

£

r-

%
®

2,500

33,000

12,000

United States stock
United States interior stocks..
United States exports to-day..

®

^

C0#h

to y

—

129,000

period of 1883-84—is set out in detail in the following statement:

®

66°o

M tO

J

.

*

^

CO

©6

1 9©:
MM<jM
©O ©O
44©©

—

2

©M

1-»

^

OO

<1

1

to

a

O©

f>

OOOO

>

9.
M

^

M M © M

>

®

©©

M

©

©W:^
?03
MM©
“O

®

159,000
9,900
94,000

At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding

®

M©

I 9“:

WM

£

©6

oo©*o
660 6

M

“1

(►

CO

to

c

©6

®

M —

“v|

©

©

M

M

M M^.

©O

03

M

OCO
toco

OO

CO ©CD

I
©

09

1 ©6

©

o

©
M

©

oy

^

wo

1

“j

r- H*

®

I 9 9:

x

l eto:

%

I ©©.*

660©

^•-©m

^

mo

to

M

®

a co

© c © 0

co

©©

w

M
O' M

6o®6

toy

0.0

y “vi

MMqi

w

99©9
©©06

66

**

66®6

6o©6

co

®

CD CO

“vl O

©CO

^

©9
66
cow

6© 6
o

7,000
6,000

1.600
2,300

5,300

W The imports into Continental ports this week have been
23,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 283,548 bales as compared with the same date of
1884, a decrease of 496,255 bales as compared with the corres¬
ponding date of 1883 and a decrease of 161,180 bales as
compared with 1882.

I ©co:

©CO

6,000
71,000
12,000

2,400

Total visible supply
1,997,270 2,280,818 2,493,525 2,158,450
Price Mid. Upl., Liverpool....
5Hlfc<L
6^d.
SHiad.
67sd.
Price Mid. Upl„ New York
10T16c.
ll^c.
IO^bc.
125leo.

9©9

«o©9

66

ay

H*

I ©®:

I ©y:

©6©©
99

I—»o

COO

00

66
M

5

®
“

coco

^

coo©co
66© 6

M—

09

>•

66
M H

6©6
03

I-

•<
®

X

I

®

w

y os

xx°x

*

to

coco

6x

-i

<

66

0©0

o

XX
►“

®

XX
-vl O'

**

© CO

1I mO©
O
X

0

o®o
M

4,000
65,000

Barcelona
Genoa.
Trieste

Total East India, &c
Total American

MbC-*

9o9

1I

183,000

42,000

to

“-

^1

CO

6606

Havre
Marseilles

Egypt, Brazil, <tec., afloat

ww®6

I ©®:

xo

GD

26,300
15,800

1,600

®

I ©oo:

CD O o

CD CO

© rO
©
©

M^

66

®

i ©o»:

03 M

M 03

to-05

66
wc

I ©to:

99®9
66® 6

w

CO
ax©x

©

®

O'03

CD CO ©

,y

66

►*»i

I ©a:

8

99

6 6® 6

99

8

99 <
66 ®
O'ttn1
I ©w:

50,800

298,000
104,000

t>

oo©o

M

69,800
50,000
1,000
2,700
230,000

685,000
250,000

MM

coco

Antwerp.

Total American
East Indian, Brazil, die.—

%

OO

M M

6® 6

2.800

45,900
45,000

bales
Continental stocks
American afloat for Europe...

CD

M©M
1l

4,000

American—

I «a>:

I ©

i-*

99© o
66®6

4,000

400

Lverpool stock

H* <i *-•

co

959,300

5,000

Of tbe above, tbe totals of American and otber descriptions are as follows:

99®9
66® 6

I ©iqo:

h-1

947,000 1,039,500

Hamburg

Bremen
Amsterdam
Rotterdam

Total visible supply

M ►-‘M —

I ©qo:

6®4

938,000

at
at
at
at
at
at
at
Stock at
Stock at
Stock at

Egypt,Brazil,&c.,aflt for E’r’pe

®

kOh1’

9o9

Total Great Britain stock.

1882.

Total European stocks
1.300,900 1,404,500 1,434,900 1,185,700
India cotton afloat for Europe. 206,000
305,000
314,000
388,000
Amer’n cott’n afloat for Eur’pe
79,000
101,000
227,000
144,000

toco

I ©®:
>

900,000
59,300

Stock in United States ports ..
8tockinU. S. interior towns..
United States exports to-day..

C-Xm^

I

1883.
992,000
57,500

Stock
Stock
Stock
Stock
Stock
Stock
Stock

i ^a:

M
Mm *
HHcCO © c®

M

W

99

M

I ©®;
HM

I

*

i »o>:
yo>:

I 9©:
►- tD

®

S

1

© ©

©

1884.
893,000
54,000

Total Continental stocks..

M

M©C0

H*

M M

***Q

<
®
^

MM

M

M

to

M M

9 9

MMqdM
© © ©©
O'M® M

CO©©

©CO

HHoM

O' O'

i 9

Ml

©O©©

916,000
22,000

U»

XX

mm

M

mh

a>

MW
©©

wy

M —

66

©©

J

MMfji

tO
H“ H*

8Steg*
si~

05®

M

CO CO

•

OOo®
w m® w

c®

>
®

®rB*

x

M

CO '

COO®

M —

»-

<

MW

1 ©

MMqqM
©©©©

.

M 1—

W<y--

V10C4

OiO

M—

hhcoh

oo qd

8

r*

>-«

d
®

to
®

Mh-

I 9p:

8

M

ri»

CD

y

!*

®®

tito

<

1

p- *m-

i

1885.

bales,

■

Stock at Liverpool
Stock at London

gST*?

•

•

PS

<1

tc to
O' M

a.

^

i

<£>© (H
£®mo

M©

©•

GO

—

$ ©3
P*mVj®
MOc?

£
w®
o

*

P;l

® a ®

CD

aj S
®

conmlete

oSi-l

®

CD

<1

fOO

S*

PwfL
: EgS1

C3cte_(

.

:

*

®

H®

The Visible Supply of Cotton
to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well
as
those for Great Britain and the afloat, are this week’s returns
and consequently all the
European figures are brought down
to Thursday evening.
But to make the totals the

figures for to-night (June 19), we add the item of exports frem
the United States, including in it the exports of
Friday only.

5 “I/**

ggl ‘

:

!

3.S-®

Bs- g*

SO e+ c

«

O

[VOL. XL.

tg*
J

■

w
©

ft

y

i►1

M tO

h-1!

m o' y

M.

CO

®

©W

©
X
©

M •

w
a

to
to

©

M

©
w

w

M

M tO O' H* to M M

©
©

awx
to m m w cj* y to

to

:

w

•

)^t

to;

a

:
•

I 9: :

m;

w.

tom

©mx®.

y

M to

CO'

M'
MM
aM
'
Hvici©,

CJ>
to X

tO

*

O'O'

M;

aMMxco
m
y c to to go x m

a to—

5?

Mao'tcwcoco

tcNNO'awn-a

m

.

mmm.jm;

xx©ay.

to

WMatoacoN

t0“i;

ws|«iwm*iowcjix.

*-

M to ^ to

O'co*

CO

m

to
-j<1
mx011*

y

<1 to
to
m a
y m O' a m x m

to

y
*

h*

Includes sales In September, 1884, lor September, loo.Zuu; tseutox-

ber-Ootober, lor October, 421,800; September-November, for November
582,200; September-December, for Deoember, 967,800; September
«^\uary. for January, 2.114,100; September-February, for February,
1^59,200; September-March. for March, 2,294,100; September-April.
for April, 1,738,500; September-May, for May, 1,878,500.
tdr We have included, in the above table, and shall oontlune eaoh
ireeic to Kive, the
average price of futures each day for each month. It
frill be found under each dav following the abbreviation “ Aver.9 The

t23 pd. to exch. 100 Oct. for Sept.




•09 pd.
*47 pd.
*46 pd.
*43 pd.

*

l

1

m

a

to exch. 100 Oot. for Aug. .
to exch. 1,000 Oct. for Aug
to exen. 500 Oct. for Aug.
*09 pd. to exch. 100 July for Aug.

M

MO'MX©yxtO
— ©

*y n m a co Vi al 1 y x — x to oo y a cd m—

tO*

y-*©m co
to*
<itoatoM
mo;
MaxwxM<iMX.

a*

M

•

•

©xto;

j

©wm'

tOM-vl©COXtOCO©“jyCDMXCoC©tOtO
MawwtoxN©cow©ytoto©axa“i

.

;

;

to

■

•

mVjm

;

;

to a w x co © m

•

•

;

—toy

mmmommx

M

Z***
to

to exoh. 100 J uly for Aug.

MM

M

©MX©com a
(DmvIhCDXOS
M W <J “1 h* M ©

y;

*

H-O'®

MMwxyxto
y—y©xym

following exchanges have been made during the week
.An

M

©©M“4M»OWWt0a

x co to © a m a m © © “i © w w © y ©

m

10*45o.; Wednesday, 10*35©.; Thursday, 10*35©.; Friday, 10*30o.

! fi nd In ataH
AA Anf f/x«
•18
pd. to exoh. 1100
Oot. for Mch.
•10 pd. to exch. 100 Jan. for Feb.
•25 pd. to exch. 300 Sept, for Aug.
•01 pd. to exch. 100 Nov. for Dec.

y

mo» ©y awy

average for eaoh month for the week is also given at bottom of table.
Transferabie Orders—Saturday, 10-50c.; Monday, 10 45o.; Tuesday,

TOl©

to to
to y w m w m

*

®
"m
m

©

M^fc.

CO

M;

tOMrOtO

©•

mo©mh*xco

My©©®
MM*lMj
MX©Nt3*0M WMX.

“'MMIOMOX

to It co <1 y

m

mm

toxxxy MXM

Actual count.

f This year's figures estimated.

The above totals show that the old interior stocks have

decreased during the week 7,188 bales, and are tonight 3,110

THE CHRONICLE

Juke 20, 1885. J

bales less than at the same period last year. The receipts at
the same towns have been 2,405 bales more than the same
week last year, and since September 1 the receipts at all the
towns are 234,557 bales less than for the same time in 1883-84

of the

one inch and forty-five
averaged 84.
Shreveport, Louisiana.—Telegram not received.
Meridian, Mississippi.—We have had rain on four days of
the week, and are having too much rain in some localities.
Weeds are growing so fast that they are becoming trouble¬

Galveston...

New Orleans.
Mobile

Savannah...
Charleston..

CLOSING

The thermometer has ranged from 70 to 90.
Columbus, Mississippi.—It has rained on one day of the
week, the rainfall reaching seventy-seven hundredths of an
inch. The thermometer has ranged from 65 to 95, averag¬
ing 79.
Leland, Mississippi.—Telegram not received.
Last week the weather was quite warm, with an interrup¬
tion of one day’s rain, the rainfall reaching sixty-one hun¬
dredths of an inch. The thermometer ranged from 68 to 92,
and averaged 78*3.
Little Rock, Arkansas.—The weather has been very favora¬
ble to growing crops during the week. There have been good
rains on two days, with the nights warm enough to make veg¬
etation progress rapidly.
The rainfall reached one inch and
sixty-two hundredths. Average thermometer 78, highest 92,

QUOTATIONS FOR MIDDLING COTTON ON—
Mon.

Tuts.

Wednes.

Thurs.

Fri.

iok
10k

iok
10k

10316

10316
10ke

10316

10316

iok

103le

103le

103l6

10

10ke
10

10
10

1038

1030
tOkak
iok
1030

iok
iok
iok
iok
10k
iok

10k
10k
iok
iok
10k
iok

10k
10k

103lfi

10 k

iok
10k
iok

iok
iok
1030
iok

10131Q

Satur.

lOk®^
iok
Wilmington..
Norfolk
1030
Boston

10k

iok

Baltimore....

10k

10k

Philadelphia.

like

like

n

n

n

Augusta
Memphis

10k
1030
1030

iok

1030

1030
1030
10k
10k

1030
1030

10k
iok
1030
1030
iok

10k
iok
iok
iok
iok

....

BL Louis
Cincinnati...
Louisville....

1030
10«8

,

1030
10k

The thermometer has

some.

day of the past week.
June 1 f),

week, the rainfall reaching

hundredths.

Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each

Week ending

745

iok

iok

10k

lowest 64.

1030

Helena, Arkansas.—It has rained lightly on one day and

10 k

the remainder of the week has been pleasant. Tne rainfall
reached thirteen hundredths of an inch. The crop is develop¬

10k

Amount of Cotton in Sight June 19.—In the table below

give the receipts from plantations in another form, and add ing promisingly. We hear rumors of the appearance of cat¬
and grasshoppers, but think them of little importance.
1, and also the erpillars
Cotton bloom received on the 16th. The thermometer has
takings by Southern spinners to the same date, so as to give
averaged 80, the highest being 92 and the lowest 66.
substantially the amount of cotton now in sight.
Memphis, Tennessee.—Beneficial showers have fallen on
two days of the week, and more would be desirable.
1884-85. 1883-84. 1882-83. 1831-32.
The rain¬
fall reached forty-eight hundredths of an inch.
Crop
pros¬
Receipts at the ports to J’ne 19 4,712,881 4,777,380 5,881,551 4,611,199
pects are favorable. First bloom of the season in this district
Interior stooks on J une 19 in
excess of September 1
*3,222
71,755
22,728
16,412 was received on Wednesday from Bolivar County, Mississippi.
This is thirteen days earlier than last year.
The thermometer
Tot. receipts from planta’tns 4,735,612 4,774,158 5,953,306 4,627,611
has averaged 79*5, ranging from 65 to 96.
Net overland to June 1
596.331
627,317
441,333
562,100
Nashville, Tennessee.—It has rained on four days of the
Southern consumpt’nto June 1
252,000
280,000 300,000
224,000
week, the rainfall reaching one inch and eighty hundredths.
Total in sight June 19
5,583,943 5,616,253 6,880,623 5,292,944 The receipts this week are made up mainly of those previously
omitted. The thermometer has ranged from 63 to 92, aver¬
Northern spinners’ takings to
1,306,561 1,486,864 1,656,427 1,520,211 aging 75.
June 19
Mobile, Alabama.—It rained severely on two days and
Decrease from September 1.
it will be seen by the above that the decrease in amount in sight
there were splendid showers on three days in the early part
to-night, as compared with last year, is 33,305 bales, the decrease of the week, and the latter portion was clear and pleasant.
from 1882-83 is 1,296,680 bales and the increase over 1881-82 is
The rainfall reached one inch and seventy-one hundredths.
290,999 bales.
The crop develops finely, and prospects are excellent.
Ave¬
Weather Reports by Telegraph.—Although onr tele¬
rage thermometer 76, highest 91, lowest 65.
grams from the South this evening seem to indicate that in
Montgomery, Alabama.—It has rained on three days of the
some portions of the Southwest rain is beginning to be needed,
week,
the rainfall reaching seventy-one hundredths of an inch.
and that in a few districts of the Atlantic States there is yet
The thermometer has averaged 78, the highest being 92 and
an excess of rain, the conditions have in general been quite
we

to them the net overland movement to June

*

the lowest 64.

is making excellent development.
Selma, Alabama.—It has been showery on two days of the
Galveston, Texas.—We have had showers on two days of
week,
the rainfall reaching thirty-two hundredths of an inch.
the week, the rainfall reaching llfty-one hundredths of an
The crop is developing promisingly.
The thermometer has
inch. The thermometer has averaged 85, the highest being
averaged 79, ranging from 70 to 90.
90 and the lowest 77.
Madison, Florida.—We have had rain on four days of the
Indianola, Texas.—There have been light showers on two
week,
the rainfall reaching four inches and sixty hundredths.
days of the week, the rainfall reaching five hundredths of an The
crop is developing promisingly, but is a little grassy.
inch. We are needing rain. The thermometer has averaged
Average thermometer 80, highest 103, lowest 75.
85, ranging from 77 to 92.
Macon, Georgia.—It lias rained on three days of the week.
Palestine, Texas.—It has rained on one day of the week but
We are having rather too much rain, and there are some com¬
not enough to do much good, the rainfall reaching fifteen hun¬
dredths of an inch.
We need rain badly though no serious plaints of grass.
Columbus, Georgia.—We have had rain on two days of the
damage has been done. The thermometer has ranged from 70
week, the rainfall reaching fifty hundredths of an inch. The
to 91, averaging 82.
Huntsville, Texas.—We have had one light shower during crop develops finely, but weeds are becoming troublesome.
The thermometer has averaged 80, ranging from 72 to 87.
the week and need more, but crops are good. Average ther¬
Savannah, Georgia.—It has rained on four days, and the
mometer 83, highest 95, lowest 71.
Rainfall for the week nine
remainder of the week has been pleasant. The rain fall reached
hundredths of an inch.
Luling, Texas.—The weather has been warm and dry all forty hundredths of an inch. The thermometer has ranged
the week. Rain is needed, but no serious damage has been from 67 to 90, averaging 79.
Augusta, Georgia.—It has rained lightly on three days and
done. The rumors about caterpillars are sheer nonsense. The
The rainfall
thermometer has averaged 86, the highest being 94 and the the remainder of the week has been pleasant.
reached twenty-five hundredths of an inch.
Accounts good.
lowest 77.
The crop develops well.
Average thermometer 77, highest 94
Columbia, Texas.—There has been no rain all the week,
and lowest 63.
and a good shower is wanted.
Upland crops continue good.
Atlanta, Georgia.—We have had rain on two days of the
The overflow is subsiding from the bottoms, but the extent of
the damage done has not yet been ascertained, still it must be week, the rainfall reaching one inch and ninety-one hun¬
considerable.
Bolls are abundant.
The thermometer has dredths. Weather fine. The thermometer has averaged 76’4,
the highest being 90 and the lowest 64.
averaged 82, ranging from 70 to 89.
Charleston, South Carolina.—It has rained on two days of
Brenham, Texas.—We have had no rain during the week,
the week, the rainfall reaching two inches and fifty-four hun¬
and a good soaking rain is wanted.
Upland crops continue
good. The damage from the overflow is much exaggerated. dredths. The thermometer has averaged 79, ranging from 69
favorable and the crop

,

*

There is considerable talk about grass worms and careless

to 89.

Stateburg, South Carolina.—It has rained on two days of
but no serious damage has been done. The thermom¬
the week, the rainfall reaching forty-one hundredths of an
ranged from 70 to 97, averaging 84.
Belton, Texas.—The weather has been warm and dry all inch. Good progress is being made in clearing the fields of
Average thermometer 75*5, highest 88 and lowest 64.
the week, and the wheat harvest is active. Corn and cotton weeds.
Wilson, North Carolina.— It has rained on two days of the
need rain, but are not suffering. The talk about worms is not
worth serious consideration. Average thermometer '82, high¬ week, the rainfall reaching sixty-five hundredths. The cotton
plant looks strong and healthy. The thermometer has aver¬
est 97 and lowest 62.
Vieatherford, Texas.—We have had hard but welcome aged 81, the highest being 92 and the lowest 62.
The following statement we have also received bv telegraph,
rain on one day of the week, the rainfall reaching one inch.
Accounts from the interior conflict, but there is much com¬ showing the height of the rivers at the points named at 3 o’clock
June 19. IcfcA
plaint about injury from grass worms. The thermometer has June 18, idbo
averaged 78, the highest being 92 and the lowest 62.
June 18, '85 June 19 ’84
Dallas, Texas.—We have had good and very beneficial
Feet. Inch.
Feet. Inch.~
showers on two days of the week, the rainfall reaching one
4
3
6
inch and five hundredths. Crops generally good, but there New Orleans
20
4
20
7
Memphis
are some complaints about worms.
6
Above low-water mark.
5
The thermometer has Nashville
9
5
18
3
23
6
Shreveport
averaged 83, ranging from 71 to 98.
1
30
....Above low-water-mark.
32
8
New Orleans, Louisiana.—We have had rain on three days Vicksburg
worms,
eter has
'




4

in Texas was

G.
in

jShipments Ciis week.
Tear Great
j Conti\BriCn | nent.

.

lotaL

“

SHIPMENTS FOR FOUR YEARS.
Receipts.

Snipments since Jan. 1.

j Conlinent.

Great

Total.

Britain'

This

Since

Week.

Jan. 1.

worm or

927,000

631,000 23,000

T885j 1.000 10.000 11,000 189,090 442,090

the crop

993.000 40 000 1,464,000
1884 13.000 3.009 16,090,413,000,555,000
1.103 000 25,000 1,490,000
1883 11,000 9,090 20 000 970.0o0j733.000
1.184,000 30,000 1 496,000
1882:17,00 > 25.000 42.000 665,000 519,009

According to the foregoing, Bombay appears to show a
compared with last year in the week’s receipts oj
17,000 bales, and a decrease in shipments of 5,000 bales, and
the shipments since January 1 shew a decrease of 367,000 bales.
The movement at Calcutta Madras and other India ports for
decrease

for two

reported week and since the 1st of January,
has been as follows. “Other ports” cover
Tuticorin, Kurrachee and Coconada.
the last

Ceylon,

years,

Shipments since January 1.

Shipments for the week.
Great 1
Britain. j

Conti-

nent.

|_

Great
Britain.

Total.

,

Total.

\Oontment.

2,500

2,500

1885
1884

Madras—

good and 3 as indifferent.”
Jute Butts, Bagging, &c.—There
not

has been a steady job¬
during the past week, and most of
the lots moving are for the present wants of the trade.
A few
inquirers have been in market for large lots, and on these the
sellers were willing to accept a slight concession from our
figures, but on the small orders there is a firm tone and the
closing quotations are 9c. for
lb., 9^c. for 1% lb., lOJ^c.
for 21b. and 11c. for standard grades.
The market for butts
does not show any improvement.
Buyers are still holding off,
Some sales of paper grades
and few transactions are reported.
are making on a basis of 1J^@1 15-16c., 1,500 bales being taken,
and further lots are to be had at same figures.
For bagging
quality a light call is noted, and small sales are in progress at
£c.; but a large lot can be had a shade under these
bing demand for bagging

figures.

54.400

14.000

87.500

41,200

63,400
126,700

13,000

4.600

4,090
17,6 JO

*

4,090

1885
1884
All others—
1885
1884

Total all1885
1884

40,500

1,600

17,ICO
13.500

23,400

I,6u0

5.600

19,100

2,500

2,500
1,600

75,500

37.400
51.400

112.900

114,000

l,*i00

The above totals for
the ports other than
week last year. For

165,400

movement from
Bombay is 900 bales more than same,
the whole of India, therefore, the total
the week show that the

shipments since January 1,

1885, and for the corresponding

periods of the two previous years, are as

follows:

ALL INDIA.

EXPORTS TO EUROPE FROM

Receipts and Daily Crop Movement.
comparison of the port movement by weeks is not aocurate,
as the weeks in different years do not end on the same day of
the month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement
for the years named.
The movement since
September 1. 1884, and in previous years, has been as follows:

from—

Bombay
All other ports.
Total

This
week.

998,000
165,400

11,000
2,500

631,000
112.909

16,000

13,500

743,990

17,600 1,163,400

1,600

Since
Jan. 1.

20,000

2,000;

22,000 1,192,500

of

Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benaclii & Co.,

o*

Liverpool and Alexandria, we 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 for the
orresponding week of the previous two years.
■

1,000
3,596,000

This week....

Sept. 1

2,640,000

This | Since 1 I
week. NepL l.1 j

Exports (bales)—

Total Europe

i This

Since

This

>5

week.

week. Sept. L.

s

&
&

*M

1

3,090i 196.0 JO,

1,000 250,000
1,000 134, coo:

1,000 232.000
1,000 36,000

3,LOo! 494,000!

2.000 384,000 ’

2,000 318.000

'298.000

Liverpool

To Continent

1,000
2,25 4,000

r-g

Beoeipts (cantars*)—

A cautar is

1882-83.

1883-84.

1884-85.

June 17

98 lbs.

This statement shows that the
June 17 were 1,000 cantars and

receipts for the week ending
the shipments to all Europe

3,000 bales.

1884.

1885.

32* Oop.
Twist.

8*4 lbs.

Oott’n
Mid.

Shirtings.

Upl Is

s.

d

6
6

-36
-06
®6
®6
®6

10
10
10
10
10

5

-®6

9

4.

*.

d.

Apr 17
21 8 'h k a) 8 -h
May 1 8:brt a 8 *
a
8 8Jie 0 858
ft
15 3ii«*8S8
a
22 3
tt
29
J uue 5 8
f(
12 8

5
5
5
5
5
5

6
6
6

“5
5

5 #6 9
5
a6
9
5 -W0 11

d.

32*

Iwisi.
d.

d.

Oop.

d.

51516 87e 39^
87s ® 9^a
57a
ft“i« 8* ® 9*4
5‘5l(3 8^ ® 9%
5loi« 85s d> 9*«
5l5lh 8* ® 9*4
5iEq* 8*-® 9*4
515,« 8* ® 9*4
ft*

8* lbs.

Oott n
Mid

Shirtings.

JJpids

d.
s.
5 11
®7

fl.

5 11*3 $7
5 10*3 *7
5

5
5
5
5

334 ® 9*4 5
8^8 * 9ig

1,122,164 1,030,380

Deoemb’r 1,101,211 1,059,653

..

8 *2 *7
8*2 3>7

8*2 *7
8 8a *7
8*2*7
8*2 *7
7*2*7

4.
5
5*2

5*2
3
3
3
3
3

d.

6*4
6:be
6*8
6:q ft
6 *4
6°ia
6-*8
63a

1*2
1

63a

..

..

475,757

487,729

261,449
163,503

385,933

103,375

111,755
45,91s

„

24L.514

35,575

Total year 4 701,861

1981-82

326,65t
930,534
1,094,697
1,112,536
752,827
595,598
482,772
284,519
185,523

96-61

97-99

487,727

571,701

291,992

572,729

257,099
147,595
113,573

476,582
284,246
190,054

94*91

94.47

96 43

the United

have reached
So far as the Southern ports are concerned, these
exports reported by telegraph, and published in

the same
the Chronicle last Friday.
include the manifests of all

are

333,643
883,492
942,272
956,464
647,140
447,918
264,913
158,025
110,006

458,478
429,777
908,318
853,195
974,043 1,006,501
996,807 1,020,802

Shipping News.—The exports of cotton from
States the past week, as per latest mail returns,

31,735 bales.

1879-80

1830-81.

4,752,791 5,815,712 4,551,803 5,549,411 4,743,873

Perc’tage of tot. port
receipts May 31..

night of this week.

With regard to New York we
vessels cleared up to Thursday
Total bales.

'

Liverpool, per steamers British Empire. 2,728
Carolina, 2,3sl
City of Chicago, 1,846
Germanic,
1,527
Set via, 856
To Havre, per steamer Amerique, 1,847
r.

New York—To

9,33S
1,847
832
3,346

29IT-Main, 538
Bohemia, 1,614
California,

To Bremen, per steamers Kins,
To Hamburg, per steamers

1,1( 0....Kiuia,

632

Kln niaud,

To Antwerp, per steamers Jan Breydel, 100
500
To Genoa, per steamers Aichimede, 300
...
New Orleans—'To Liverpool, per steamer Legislator,
To Havre, per ship William Tapseott. 5,55 4
Baltimore—To Liverpool, per steamer Baltimore, 516
Boston—l o Liverpool, per steamers Kansas, 1,711
Palestine,
862
Pavonia, 769

.*

609

409
4.069
5,554

Britannia, 100..
4,069

546

3,342
1,652
209
31,735

Philadelphia—To Liverpool, per steamers British Prince, 900
Lord Gouvh, 752
San Francisco—Tc Liverpool, per ship Flintshire, 2o9 (foreign)
Total

The

Market.—Our report received from Manchester
to-night states that the market for yarns is very flat, but that
shirtings are active at the advance. We give the prices for
to-day below, and leave previous weeks’ prices for comparison.
Manchester

343,812

Ootober.. 1,090,385 1,046,092
Sovemb’r

1832-83.

1883-34.

345,445

Sept’mb’r

April
May

l", 103,000
83,500

This last statement affords a very interesting comparison
the total movement for the three years at all India ports.

Alexandria. Egypt,

1884-85.-

January
February.

1883.

Since
Jan. 1.

This
week.

Since
Jan. 1.

This
week.

Tear Beginning September 1.

Monthly
Receipts.

Maroh.

Sh{,nments
to ail Europe

^nce

—A

.

1884.

1885.

i

as

comities report the indications for
geod, 10 as fdr, 4 as never better, 4

other causes.
Fifty-niue
as very favorable,12 as

Comparative Port

Calcutta-

*

on

follows :
Sixty-five counties report 20 per cent iucrease in acreage over last
year, 23 report the same acreage anil 4 report a decrease of 11 per cent.
Sixty counties report, tlie crop as about 17 days later than last year, 21
report the same advancement as last year, and II report the crop as
about 14 days earlier. The average height of the plant on June 15 in
the 92 counties was 11 *3 inches. The general condition of the plant is
reported in 58 counties as good, in 11 as fair, in 9 as splendid, in 7 as
very good and in 7 as not good, owing to the presence of tlie cotton

Movement from all

BOMBAY RECEIPTS AND

supplied

as

Ports.—The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to June 18,
India Cotton

complete report on the cotton crop
June 18 by the agency of Messrs. R.
Dun & Co. at Galveston. The report embraces 93 counties
the cotton-belt district, returns from which are summarized

Texas Crop.—A very

reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-10ths of a foot
above 1871, or 16 feet above low-water mark at that point.
New Orleans

To

[Vol. xl.

THE CHRONICLE.

746

particulars of these shipments,

form, are as follows:
Livervool. Havre,

New York
N. Orleans
Baltimore
Boston

PhllaSelp’a
San Fran
Total

1,8 47
4,0 i9 5,554
546
3.312
1,652
209

9,338

arranged in our usual
Ant-

IT amburg.

werp.

812 3,346

609

Bremen.

Total.

Genoa.

409 16,363
9,623

546
3.342
1,652
209
19.156 7,401
832 3,346
400 31,735
600
add the clearances this week of vessels carrying

Below we
cotton from United States ports* bringing our
the latest dates:
New Orleans—For Livernool—.Tune 17—Ship Riverside,
For Genoa—June 13 —Bark Melchiorre, 2,195.

data down to

Boston-For Liverpool-June
1.912.
For Yarmouth, N.

12—Steamers Catalonia,

S.—June 13-Steamer

.

;

Venetian.

Alpha, 50.
Nova Scotian, 1,290.

Baltimore—For Liverpool—June 15—Steamer
For Bremen—June 17—Steamer America.

.

British Crown, ———
Below we give all news received to date of disasters to vessels
Cotton Blooms.—Our correspondent at Memphis reports
carrying cotton from United States ports, &c.:
that the first bloom of the season in that district was received Servia, sterner (Br.), MVMicken, from New York. June 13, for Liver¬
at that point on June 13 from Bolivar County, Mississippi. This
pool, was aground rear tlie outer buoy of Gedney’a Channel,
Haiulv Hook, at 10:55 A. M. of that date.
With the assistauce of
is thirteen days earlier than in 1834. A bloom reached Helena,
five steamtugs she lloated off at 6 P. M., and proceeded to sea.
Arkansas, on the 16th inst.
ft

in

7H1.-871«




<5

511,

q

Philadelphia—For Liverpool—June 16— Steame

Uverpool, steam d.

9t4*

sail...d.

mrnmm

•

Wednes

Thurs.

Fri.

*8®964*

*8*

J8*

"8*

•

•

38*

38*

Havre, steam—c.
Do
sail
c.

•

....

Bremen, steam..e.
Do
sail —c.

....

....

38*

38*

....

38*

3a*

3a*

....

....

....

....

932*
....

932*

....

....

....

and the

....

....

*8 ®964

*8 6 9,54
....

....

d. I364~732* 13£4-732* 1364-732* 13ti4“732* l3<S4-732* 1364~732*

Reval, steam
sail

e.

Barcelona,steam.c.
Genoa, steam—c.
Trieste, steam...c.
Antwerp, steam..c.

•••

....

....

mrnmm

....

....

932*
732*
9ia*

932*
732*
916*
904*

942*

°32*
~32*
918*
9«4*

r32*
732*
916*

932*

964*

964*

9*4*

732*

9isx
964*

•

916*

Liverpool.—By cable from Liverpool, we have the following
week’s sales, stocks, &c., at that port. W e
add previous weeks for comparison.
*

Bales of the week
bales.
Of wlii'*li exporters took
Of which speculators took..
Bales-Amerioau
Actual export
Forwarded

18,000
2,000

48,000

13,000
5,000
8,000
996,00(

37,000

49,000
4,000
1,000
35,000

3,000
16.000

4,000
12,000

977,000
733,000
46,000
30,000
125.000
37,000

933,000
700,000
24,00u

3.000

1,000

Total stock—Esti mated
Of which American—EstimM
Total import of the week
Of which American
Amount a float
Of which American

June 19.

June 42.

747.One

66,0c
25,0*
133,00 ■
53,0o)

40,000
4,000
32,000
4,000
5,000
916,000
685,000
28,000
20,000
102,000
30,000

16,000
127,000
39,000

The tone of the Liverpool market for spots and futures each
day of the week ending June 19, and the daily closing prices
of spot cotton, have been as follows:
Ttiesda

Saturday Monday.

Spot.
Market, (
12:30p,m. J

Firmer.

12:30p.m.

Market,
4 P.

(

Dull.

Moderate
demand.

Pare’y
supported

534

54

5Hie

5Di«

5Hl6

51310

5*46

513X6

54

54

54

7,000

8.000

8 000

8,000

1,000

500

500

vance.

cline.

1-64 adv.

1-64 adv.

Easy.

Steady.

cline.

Steady.

cline.

otherwise stated.

Mon., June 15.

Tues., June 16.

Open High Low. Cloa.

Open High Low. Cloa.

Open High Low. Cloa.

d.

5 47

5 47

5 47

June-July..
July-Aug... 5 50

5 47

•5 47

5 47

5 50

5 50

5 50

Aug.-Sept...
September..
8ept.-Oct...

5 54

5 54

5 54

5 54

5 50

5 50

5 50

Oct.-Nov...

5 42

5 42

5 42

Nov.-Dee...

5 40

5 40

5 40

5 40

5 40

5 4>

5 47
5 47

....

....

...

Dec.-Jan—

5 40

5 40

5 40

Jan.-Feb....

5 42

5 42

5 42

Feb.-March

Mar.-April.,

d.

5 47

5 40

5 46

5 45

5 45

5 47

5 46

5 46

5 45

5 45

5 49

5 49

5 43

5 48

5 47

5 47

5 53

5 53

551

5 51

5 51

5 51

d.

d.

| 5 48
| 5 48

5 48

5 17

5 48

5 47

I 5 50

5 50

5 51

5 54

d.

d

5 50

1 5 51

5 51

5 50

5 50

5 42

5 42

5 42

5 41

5 41

5 40

5 40

5 39

5 39

5 38

5 33

5 37

5 37

5 40

5 40

5 39

5 39

5 38

5 38

5 37

5 87

5 42

5 42

541

541

5 40

5 40

5 39

5 39

....

...

•-

!

....

....

..

....

....

DAILY CLOSING PRICES OF NO

....

....

....

....

«...

....

....

1 5 48

5 48

5 47

5 47

J 5 40

5 40

5 39

5 39

**'

....

....

....

....

....

....

....

....

...

....

..

«...

....

....

.

In elevator
June delivery

544
54>4

55 54*4

July delivery
August delivery

53 4
54

54
54

Thurs., June 18.

!

...

October delivery

Open High Low.

Cloa]

Open High Low. Cloa.

d.

d.

d.

d.

d.

d.

d.

d.

d.

d.

d.

541

5 41

5 41

5 42

5 43

5 42

5 43

5 39

5 39

5 39

5 39

June-July.. 5 41
July-Aug... 5 43
Aug.-Sept... 5 47
September..
Sept.-Oct... 5 44

5 41

541

541

5 42

5 43

5 42

5 43

5 39

5 39

5 39

5 39

5 43

5 43

5 43

:

5 44

5 45

5 44

5 45

5 41

5 41

5 41

5 41

5 47

5 47

5 47

|

5 48

5 49

5 48

5 49

5 45

5 45

5 45

5 4*

5 44

5 44

5 44

!

5 46

5 46

5 40

5 40

5 42

5 43

5 42

5 43

Oct.-Nov.... 5 36

5 36

5 86

5 36

5 39

5 37

5 39

5 30

5 36

5 30

5 36

Nov.-Dee...

5 34

5 34

5 34

5 34

Dec.-Jan

...

5 84

5 34

534

5 34

|
|

5 37

Jan.-Feb....

5 36

5 30

5 36

5 35

.

Feb.. March.

Mar.-April..

•

.

....

..

• •

•

....

,

...

•

....

« •

....

.

•

•

....

....

....

....

•

....

....

•

••

•

•

-

d.

....

.

5 35

5 37

5 35

5 37

534

534

5 34

5 34

5 35

5 37

5 35

5 37

5 34

5 34

534

5 34

5 37

5 39

5 37

5 39

536

5 36

530

•

..

.

....

....

•

....

....

•

•

.

• •

•

....

•

•••

«...

•

....

....

....

• • s •

following

There has been

a

better demand for

wheat flour, and in view

.

...

....

19,1885.

good useful grades of

of the reduced production at the

West and the upward tendency of the prices of wheat, holders
have been inclined to insist upon more money, and to a limited
extent their higher values have been
Stocks are quite

paid/

'

vC'A-U

110:{4

2 MIXED CORN.
Wed.
Tues.
Thurs.

543*
544
55*8

Fri.

55

56

56
55*2

56
55

547s

554

543s
54 3s
544

55*8
55
5o3s

55
55
55*g

56*4

the closing quotations :

Winter shipp’g extras.
Winter XX A XXX..
Patents

3 70
4 00
5 00
3 65® 4 00
4 25® 5 50
4 8>® 5 85
3 75® 5 00
3 00®
3 30®
4 00®

Soutli’n com. extras..
Southern bakers’ aud

$1 00®

4 85-

family brands
Rye flour, superfine..

5 00®
4 00 ®
3 00®

5 65
4 40
3 25

3 15®

3 35
3 45

Fiue
Corn meal—

Western, Ac
Brandywine, Ac....

3 40®

Kye—Western

Spring.ner bnsh.
Spring No. 2
Red winter. No. 2
Red winter

87

92

1 02

White

West, white
West. Yellow
White Southern..

90
92
53

8tate

3)1 03
94
d>

ft

.

Oats—Mixed
White
No. 2 mixed
No. 2 white
Bariev Malt—
Canada

...

®1 08
®1 03
®
57

55*2®

•

•

•

State

60

®

65

56
65
60

®
ft

60
70

®

62

Western

70

®

72

74
37

®

75
40
43

®

38
39

U

40

®

41

85

9

65

®

70

®

95
85
85-

®

•

.

•

•

is indicated in the
figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the compara¬
tive movement for the week ending June 13 and since Aug. 1
The movement of breadstuffs to market
statements below, prepared by us from the

for each of
Receipts at—

the la.st three years:
Flour.

Wheat.

Corn.

Bbl*A96lbf\Bu*h.Mlb.*'Bii8h.5ft1by

Oats.

Barley.

Rye.

Bush.32 lbs Bush AH lbs Bush.5' Ibt

1,210,498

929.153

40,145

20.134

0,240
76.813

57,573

18,077

2,410

10,69 4

500

22,737

34.364

105

500

500

4M.135

6,400
83,781

7.»10

10,040

153,515
2,013

193,935
7,690

4,800

7,000

1,872,951
2,511,397

1,323,601

72,070

40.100

761,583

1,374,097

55,013

55,185

910,447

2,733,588

1,669,918

103,793

144,553

1884-5

8,970,590 95.763,127 83,834,708 55.287.607

1883-4

8,100,418
8,472.149

16,570,373
10,907,967

4,539,990
0,008.162

15.342.003

4,573.952

53,758
20,057
2,504
1,886
2,340
13,211
1,350

390,708
326,117
114,894
02,032

Tot. wk. ’85

101,160

1,174,575

’84

148.400

Same wk. ’83

150,808

Chicago

Milwaukee..
Tolodo

.,

....

Peoria
Duluth

Same wk.

11,050
110,008
2,700
121,005

Since July 28

1882-3

65,537,796

93,504.901

71,093,195

85.469,813

58,098,397
47.631,759

The exports from the several seaboard ports for the week
ending June 13, 1885, are shown in the annexed statement:

5 30

BREADSTUFFS.




are

¥ bbl. $2 60® 3 50

Exports
Jrom—

■'/

Wheat.

Com.

Flour.

Oats.

Rye.

Teas.

Bush.

Bush.

Bush.

Bush.

Bush.

Bbls.

New York

351,705

580,512

Boston.
Montreal.
Philadel..
Baltim’re
N. Orl’ns.

17.000

45.034

33,304

100,742
16,000
137,359

50,630
44,300
7,35 4
5,714
2,826

24,167

673

..

Friday, P. M., June

110

102
104*4
106*8
10778
10338
1107a

and drooping. B irley and barley malt
are quite nominal.
Oats were quite depressed early in the
week, but made a brisk recovery when the advance in wheat
set in.
To-day there was a fresh decline, closing at 33)£c. for
June, 37;gC. for July and 34%c. for August.

St. Louis

541

June

ioO5*

101

102*4
104*4
106*8
107 4
109*4

Rye has been dull

Cleveland.

Fri., June 19.

i

Open High Low. Clot.

54*2

54*2

September delivery

Detroit

Wednes., June 17.

Mon.

Sat.

'

....

100*4

has also

corn

Yellow Southern.
d.

d.

d.

d.

100

1010l*a
103*4 103*2
105*8 105*4
106r>s 107
108*8 108*2

improved, mainly from sympathy with
wheat, but owing in part to its comparative scarcity. The
higher prices, however, shut out the export demand and
checked the rise. In southern latitudes the weather has been
very favorable for the growing crop.
The local trade is fair.
To-day spots were very dull and unsettled, with futures
decidedly lower.
Indian

Corn—West, mixed
West. mix. No. 2.

Bat. June 13.

d.

-99*a

lt0%
1024
104*2

GRAIN.

opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless

d.

101

106
107*2
109

107*2

Wheat—

The

June

102*s
104*2
106*8

City snipping ex

Firm.

Firm.

Steady.

1004

Superfine
Spring wheat extras.
Minn.^clear and stra’t.

500

Steady at
Barely
3-64 de¬
steady at

2-64 ad¬

99*a

July delivery
August delivery
September delivery
October delivery
November delivery
December delivery

102*3
101*4

102

101

FI.OOR

Barely
steady at

1-64 de¬

101

Fine

6,000

bo o00
0

100

tn elevator
June delivery

The

at
1-64 de¬

at Steady at 8teadv

Steady

(

m.

Friday.

Harden’s In buyers’
favor.

1,000

j
(

Thursd’y.

tendency.

Futures.

Market,

Wednes.

54

Mid. Upl’df
Mid. Orl’ns.

Bales
Spec. A exp.

u.

Fri

Mon.

Sat.

statement of the

June 5.

2 RED WINTER WHEAT.
Tues.
Wed.
Thurs.

DAILY CLOSING PRICES OF NO.

732*

Compressed.

May 29.

growing crop, especially the winter-sown portion thereof,
operations for the rise'have been at times quite import¬
ant.
But Vice-President Oakes, of the Northern Pacific Rail¬
road, says the crop of spring wheat in the Northwest will be
10 per cent larger than last year, the visible supply contmueslarge, and trade is not brisk. .However, the business for export
has this week been much more liberal and largely in spring
wheat, to the exclusion of red winter, which has for some time
been the leading grade in our market.
To-day regular
business was quiet, and the speculation in futures for higher
prices made no progress.
the

932*

....

....

....

....

....

932

*8 29e4

*8 ®964

^ $964

Amst’d’m, steam.c.

*

....

38’

°32*

Do

3g*

38'

sail—c.
sail...c.

....

3a*

•

Hamburg, steam, o.

Do

....

•••

....

932*

Do

danger

Tues.

Mon.

Batur.

Do

is no pressure to sell stock that is in
of being injured by the hot weather. Rye flour h$3
continued dull, but corn meal is rather firmer.
The wheat market has derived strength in its speculative
aspects from the reiterated and detailed reports of damage to

moderate and there

the past week have been as follows:.

Cotton freights

71?

CHRONICLE,

THE

1885.]

June 20,

Richm’d.
N. N<?W9.

3,437

16,016

1,715

77*875

126,773

*•••••

Total w’k.

410,099

903,864

115,997

130,210

16,046

79,590

Q’rne time
1884.

972.750

Gr 5.073

155.365

244.638

344.590

74.163

.

THE CHRONICLE.

748

[VOL. XI*

'

-

-

■

■"

‘

—

'

—

—I

The deetinationof these exports is as below. We add the Arabia, 1,254 to Great Britain, 441 to Hamburg, 211 to Brazil,
corresponding period of last year for comparison:
135 to Sandwich Islands, 101 to U. S. of Colombia, 95 to Vene¬
zuela, and a number of smaller parcels to other destinations.
Com.
Wheat.
Flour.
The demand for brown and colored cottons

Exports
for week

1884.

1885.

1885.

1884.

1885.

Week.

Week,H

Week,

was

compara¬

1884.
Week.
June 14.

tively small, because the majority of the distributers are well
toWeek,
Week,
June 13. June 14. June 13. June 14. June 13.
supplied for the present, and wide sheetings were in irregular
Bush.
Bush.
Bush.
Bush.
Bbls.
Bbls.
request. Bleached goods were relatively more active than
538.033
467,068
234,089
608,297
72,532
103,093
Un.King.
other descriptions of staple cotton goods, large transactions
269,990
110,831
5,616
1,214
176,010 363,455
Continent
53,444
12,484 in certain leading makes having been stimulated by lower
8. AC. Am
12,417
15,447
*"'998
18,300
W. Indies
41,975
10,614
17,171
8,405
Brit, col’s
3,047 prices. Wamsutta bleached shirtings were reduced to 10c.,
8,190
422
71
8,90b
1,079 Fruit of the Loom 4-4 to
Otli.c’n’ts
7^c., Pride of the West to 10%c.,
605.073 Far well to 7c., &c., at which low figures the respective stocks
903,864
Total...
972,750
410,099
115,997
155,365
By adding this week’s movement to our previous totals we were readily distributed. Print cloths ruled quiet and steady
have the following statement of exports this season and last at 8 l-16c. cash for 64x64 “spots” and “near futures,” and
season:
2%c. for 56x603. Prints, ginghams and other wash fabrics
Wheat.
Flour.
Com.
were dull in agents’ hands, but a fair business (for the time
1884-5.
1883-4.
1883-4.
1884-5.
1883-4.
1884-5.
Exports sine*
of year) was done in lawns, fine sateens, foulards, doubleAug. 25, to— Aug. 25 to Aug. 27 to Aug. 25 to Aug. 27 to Aug. 25 to Aug. 27 to
faced chambravs, dress ginghams, seersuckers, &c., was done
June 13.
June 13.
June 14.
June 13.
June 14.
June 14.
by leading jobbers.
Bush.
Bush.
Bbls.
Bbls.
Bush.
Bufh,
Domestic Woolen Goods—The market for clothing wool¬
5.188.338
4,051,489 21.946,322 21,667,178 29,922,292 22,345,405
On. Kingdom
Continent...
309,159
7,299,545 ens was devoid of animation as regards new business, but
289,381 18,221,986 14,092,260 11,202.979
608.203
563.982
1,454,074
1,451,043
8. & C. Am...
48,963
1,223
there was a good steady movement in fancy cassimeres, trou¬
1,000
423,049
343,813
West Indies.
699,492
679,424
38,383
210
Brit. Col’nles
8,010
132,062 serings, worsted suitings, overcoatings, &c., in execution of
460,880
71,054
466,241
Oth. oountr’s
35,438
81,583
54,385
23,071
17,567
121,602 former orders.
Satinets were in light and irregular demandt
Total
7,320,457
6,085,935 40,241,558 36,424,627 43.157,031 31,693,470 but some considerable lots of
Kentucky jeans were quietly
The visible supply of grain, comprising the stocks m granary moved by means of relatively low prices. Cloakings have
at the principal points of accumulation at lake and seaboard met with more attention from the manufacturing trade, and
ports, and in transit by rail and water, June 13, 1885, was as some fair orders for heavy Jersey cloths and stockinettes were
Com,
Barley,
placed by the same class of buyers. Wool and worsted dress
Wheat,
Oats,
Rye
In store atbush.
bush.
bush.
bush.
bush.
goods, sackjngs, tricots, &c., were mostly quiet, and such
New York
4,817,564
341,100
31,231
222,086
Do afloat (est.)
112.482
221,900
7,896
9,779 transactions as occurred were chiefly for future delivery.
390,863
6,000
2,000
19,0(10
Albany
and blankets remained quiet in first hands as regards
Buffalo
1.504,242
79,257
25,981
30,634 Flannels
847,973
Chicago
14,699,421
232,250
27,975 new business, but agents continued to make liberal deliveries
21,936
7,537
2,900
Newport News...
of the former on account of auction purchases, and considera¬
Richmond, Va....
76,184
65,218
8,371
ble package sales of flannels were made by large jobbers at a
Milwaukee
3,511
3,041,304
11,487
5,162
10,156
small advance upon auction prices. Wool hosiery and knit
Duluth
3,922,351
11,000
30,000
Toledo
1,050,245
118,338
27,469
3,843 underwear were in steady though moderate demand, but fancy
662.500
Detroit
726
26,598
60,112
knit woolens have thus far been lightly dealt in.
134.180
122,000
2,000
96,373
17,100
Oswego...
Foreign Dry Goods.—There was no perceptible improve¬
St. Louis
394,403
84,955
14,593
1,098,786
80,084
546
Cincinnati (6th)..
36,380
15,041
20,333 ment in the demand for imported goods at first hands, and the
56,468
Boston
14.278
501
109,593
303,777
jobbing trade was slow, as is invariably the case at this time
400
Toronto
6,502
243,324
24,455
Montreal (6th)
123,923
14,093
8,917
9,565
1,418 of year. The condition of the market is practically unchanged,
195.023
1,028,897
123,017
Philadelphia
staple goods being held with a fair degree of steadiness, while
226 942
Peoria
424
51,147
91,630
10,720
holders are willing to part with such summer fabrics as are
601
46,000
57,700
30,700
Indianapolis
125.805
Kansas City
652,25 G
31,970
4,342 subject to the mutations of fashion, at relatively low figures.
.

r

o>

...

Baltimore
Down Mississippi.
On rail
On lake
On canal

Tot. Junel3, *85.
Tot. Juno G,’85.
Tot. June 14,'‘84.
Tot. Juno 16,*83.
Tot. Juno 17/82.

41.660
47,625

5,042

640,565 1,105.804
1,298,760
51,816
620,635

1,235

1,597,894
370,129
1.174,000
1,037,405

143,900
136,074

5,473,749 3,251301
G.407,755 2,316,135
15,814.827 8,450.815 3,436,072
20,618.969 14 923,541 4,558.738

37,799.919

37,234,271

10,230,307

THE

DRY

9,335,906 1,978,975

GOODS

Importation* of Dry Goods.

9,967
5,999

219,732
205,190
2l0,0;i9
2i5,768
317,682
519,706
477,403 1,754,750

144,985

934,197

Although the general demand for dry goods was compara¬
tively light the past week, as usual at this stage of the season,
large business in certain kinds of domestic cotton goods

was

done

privately and through the medium of the auction rooms,
while there was a good, steady movement in clothing woolens,
flannels and staple cotton goods on account of former trans¬
actions. Foreign fabrics ruled very quiet, as is invariably the
case

importations of dry goods at this port for the week
ending June 18, 1885, and since January 1, and the same facts
for the corresponding periods are as follows:

P

£? <rt-

e*.

7

developed for

time to come.
was a peremptory auction sale of
•5,890 cases bleached cottons, which comprised several of the
most popular goods of their class made in this country, as
Lonsdale, Hope, Blackstone, Fitchville, etc. The sale was
largely attended, and the competition was so spirited that the
entire large offering was disposed of and widely distributed,
in lots of from 5 to 100 cases, in the short time of 55 minutes.
The prices obtained were remarkably good, the average hav¬
ing been about 5 per cent below the figures at which the goods
could have been bought privately from the selling agents of
the mills. After the auction sale, which occurred on the 16th
instant, there was a fair hand-to-mouth demand for general
re-assortments at first hands, and reduced prices enabled
agents to effect very liberal sales of bleached cottons. The
jobbing trade was seasonably quiet, but a fair package busi¬
ness in staple cotton goods and flannels was
accomplished by
a few of the large jobbers, who offered their recent auction
purchases at a slight advance upon auction rates.
Domestic Cotton Goods.—The exports of domestics for the
week ending June 16 were 4,141 packages, including 1,407 to




some

P

.

g:

•

•

;

: : g

-

4,135 2,946

©
00
M

:

;

j

1,093 65 42,78

<75
tO

CO
1

on

market. consumpt

j §.

:

:
: : : :

Vi

to to io v»

1

M

298, 59 165,830 13 ,029

M

to

M

M 05 <0

CO

03

topo m

QOM **GG©
M Oi Ot *- -4
to © CO -1 —

—

CC©^J©tO
GO rf* tO © ©

©©MM©

mm
rf*to

WITHDRAN

00 M M M tO
CO c?t to c,t ©

M © © £*• ©

|

ENTRD 1,09365 234,59
FOR
bi

M CO

© #» ©

© to CJ< © 00

FROM

loWCO©©

05

GO tO © CO Ot

©

to © 05 ©

WAREHOUS

316,9821 165,830 15,152

tfr* o«

;1W
boo
N) 05

M 05 © CO CO
It* ,c* CJt CD

coo.co'w-j
<100©©,©

MC5©bobo
to Jt -vl © CO
© QD ©

©©

‘

4,032 3,173 859

M

<1 ** © © Vr
M
© GO CO

SAME 3,173 1,657
QD
00

1
CO

FOR

June Week
19,

$

Value. 184. Endig

•

1

**03 tO CO tO

£00(0,CO to
©©io©co

J*

M<J©©*-»
©©•-»**©

4THROWN ,1782 4,067236,47209 14,62015 ,0125 8,954372

AND

O' CO M<t GO

j

M CO

1,09365 64,824 137,65 438,290 21,792 31,694

1WAREHOUS 65,830

^lOt to"©©

M M CO M CO

KJ

4,135

QC © -1 © ©
Cj>
© <t to a #*

3

Since
Jan.

WE K

C*

M

<1 M M tO CO
O' © © M to
© © t— 00 CO

INTO 3,1731

1,84.

$ 5-

June Week

toloot©**
to<i©to©

CONSUMPTI

FOR
THE

M

MM

<J©Ot GO©

1

56,7083 1,9372 1,589602 3,7108 2,4913 ,968702 DURING 56,123081 4,1782 1,46 9
MO»

!

of—

cf—

to
Ou

ENTRD

....*

1

!

K-*

Total

CO

©
M
<0 <00*00©

Flax Silk Oot n Wool

Miscelanou Manufctres Miscelanou Manufctres
Cotn.

5,614 4,135 1,479

o -a w to' ©
© <X> GO r-ltO

M
O'

Silk Wool
F
l
a
x
for Total

M

»

;

3:

3

“between seasons,” and no improvement in this branch

of the trade is likely to be
The feature of the week

J—’ go

33.
•

En
I’d

Total

-

| |:

TRADE-

Friday, P. M., Juno 19, 1S85.

a

The

AND

SINOE

J185. Endig ANURY
THE
P
E
R
I
O
D
.
92 ,726 18,3 0 51,645 41,9 2 25,672 52,428 732,609 285,924 20,917 34.780 64,750 54,307 1 ,70 732,6091 48,0 9 16,528 286,91 45,276 135,835 18 5
M
A
R
K
E
T
.
264,59 152,618 1 ,941
281,451 152,618 128,3
152,681 45,047 37,451 19, 05 31,0 6 19,19 1 ijr A184N. D

I

©

L

M

©

ot © © © to

I

M
CO

CO

pp

18,

$

©

CO

00

1,

s

C5«—•
©—>

*

1

tf*OOM<IOO

©M
Ot©**00©

l-rfi.CJi'M©

'm©o»cji©

00

© © UC © M

a oo © m co
05 05 *— GD ©

**©M©©

1

|

c-

**

M

05

to
CO
M

cn

£

36,49279,36294 1,25 4 1,45320 1,8402 ,108 7 3,07461 48,2164 36,492 1,74536 1,4953 1,65407 2,5496 2,54918 3,561923 36,4927 3,640725,7698371,073169.08,306,94302

$

*
s

>.

M

CO
CD

w