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.
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND GOMMERCI-VI4 INTERESTS OP THE UNITED STATEa
VOL.
NEW
40.
YORK, JUNE
AMERICAN
NEW CHURCH ST.,
Place,
NE'W YORK.
DIAMONDS.
Alfred H. Smith
Foreign Governments.
ENGRAVING AND PRINTING,
BANK XOTES. Sir AUE CEIITIFICATES, BONDS
POK eOVEUXME.VTS AM> OOKPOKATIONS,
»KAPT8. CHECKS, BILLS OF EXCHANGE,
8TAMP^ Arc, In the flnoMt nnd raoftt artistic style
182 Broadyraf, Cor. John Street.
Members N.
^
FK03I STEEL PLATES,
Willi
SPECIAI. S-irefllillDS to
S)>«fial
paprn
Y.
and Philadelphia Stock Exchanges.
&
H. Taylor
L.
and Chestnut
Sts.,
BLANK BOOKS OF EVERY DESCRIPTION.
ALBERT G. GOODALL. President.
fi.
H. i^TAYNER, Treas.
THEO.
ASA. P. POTTXB,
Pres't.
FREELANO,
H.
J.
SecJy.
W. Wons, Castam.
..-..-
-
9400,000
400,000
Accounts ot Bants and Bankers solicited.
CoUeotlODS made apon favorable term*.
Gorenunent BODdi bought and
A. Vtbe.
Member N.
DEPOSITS
told.
E. D. VT8E,
T. Stock Exchange.
Vyse & Son,
BANKKRS AND BROKERS,
68 Broadway
Branch
<fe
KAILROAD
and
Securities.
GEO. U. HOLT.
TAINTOK.
G. D.
NASSAU
No. IT
DEALERS
Stewart Brown's Sons,
STOCK BROKERS,
St.,
&
IN
Hamilton
New ITork
BANKKR-^
Sc
WESTON,
BANKEE8 AND BKOKEKfl,
No.
3
F.
XOBANCE COURT,
AN'Tl
Bishop,
BUOKKUS,
PINE STUEKT,
NEW YORK.
(Member.s New Vurk Stock ExctmnKe.)
Accounts t'f bunks. H;inkersnnd uthcrs received.
Interest allowcil mi balaiioos. A »tritilv('nmniission
Bu'*in''--^i!irli<^ j;i!r<.^ti;i-.'.inrl?nl(>of 4t'ck^-anr1 bonds.
",:
-^.it
New York.
TiNEiB. Uembei N. T. Btook
RiMa8>i.AEii Weston.
aiKBT
C.
NBUr YORK, 80 BROADWAY & 5 NEW ST.
TROY,
N. Y., No. 17 FIR8T STREEr.
Stock Bxoh'gemembenhlpi private wire: allftdlltles
Stocks, Bonds and U. 8. Government Securltle*
Bought and Sold on CommlsstoD.
Bbveblt Criw.
JA8. D. Simons,
Member N. Y. dtock Exohacge.
Mem ber N. Y. Prodn oe Bxctang e
Oilman, Son
&
Co.,
CEDAR STREET.
In addition to a General
Sell
Banking Business, bar
Oovemment Bonds and Invvstuent SeonrU
Thompson & Richard,
BANKERS,
16
&
18 Broad Street,
New York.
(Next door to ilie rtt*'t*k Exchange.)
of the N. V -'"^ ""' ivnju.-,. ictch'nges,
Members
rest al-
Deiiosits recciTi
lowed ttuTCon.
.nsand
St
ir cash
petroieuuiljought. 1!
or on margin. Uirert telounipr.ic « tuimunlcatlon
wtlh the Chlgico jloard of Trade.
.
W. H. Goadby &
J.
WIXTRIMCIIAM,
p.
3C Pine Street,
TEITCPUONB
CAl.^,
S3-3
Atlantic Mutual
^•l^
i
-..
•
'•e
New
York.
JOU.N.
Scrip.
snd Bank Stocks, &c.
_^
Co.,
BAKKERB AND BROKEBS,
BROAD
Ha^Ai
-.."./A.
ISzok;
STOCK BROKER.
Lansdale Boardman,
Chew,
2 ExcbanBeCoart^lc63 Broadwar,N.Y.
and
Oea
ALL Klims OF
&
&
STOCK BROKERS,
No. 63
NEW kORK.
ST.,
IN'
Xiscellaneons Secnrities.
Simons
Co.,
BOtlTHKIlW BBOTTRirnW A BPKrrAT.TV.
No. 35
TINKER
DXAI.IRS
&
BANKERS,
Railroad and InTestment Secnrities,
44 Broadway & 10 Neiv
UNITED BANK BUILDING,
L-HUILIER.
Simon Borg
7 Exchange Court, N. Y.
Union Square
Office at the Everett House,
and nth Street.
GOVERNMENT, MUNICIPAL
Private telegraph wires to Providence and Boston.
Q. E.
Co.,
BROADWAY AND WALL STREET, NEW YOKK
NEW VORK,
a flE.NERAL BANKINU business.
received and INTEREST allowed on
sell
&
BANKERS AND BROKERS,
Southern Securities a Specialty.
TRANSACT
W.
New
Kxchanpre.
Interest allowed on dally balances.
Ail deposits subject to otieck at sight.
Particaiar attention to orders by mall or telegraph.
Holt,
STREET,
New
Buy and Sell on Commission, for cash or on marYork Stock
gin, all securities dealt in at the
BANKERS,
No. 2 AVA1.I<
office.
FIRST-CLiASS INVESTMENTS.
Railroad
&
Taintor
Buy and
TaouAS
Connected by private wire with main
R. A. Lancaster
Foreiim Kxchance, Bonds, Stocks and Miscellaneous Securities bought and sold on commission.
Juries A. KOHS, DAVU) 0CH8. MORITZ 0CH8,
Memb. N.r. Stock Ex
Memb. N.Y. Stock Exch.
BOSTON.
OAPITAI.,
Co.,
BANKERS AND BUOKERS,
19 Broad St.,N. Y., ItlilUItiilldinK,
Trausact a tieuur.il Banking Business.
Maverick National Bank,
SCRPLUS,
&
A. Kohn
J.
:
A. D. SHEPARO.
TOURO ROBERTSON.
MACDONOUGH,
W. M. SMJLLIE,
18
York.
Investment Securities.
Private wire to New Vork.Baltimore and other places
J.
&
DEALERS IN
STYLES.
BAILWAY TICKETS OP IMPKOVEO
Calelidurs.
VICK-I'RESIDENTS
Fbank
Office, 320 Broadway. Connected by i*rlvate Wire,
\ Mvmbers of the New Tork
Stock Kaehanjce.
F. Dickinson, j
Walcott,
Sistare's Sons,
Broad Street, Ne-w York.
131 SontUTblrd Street, Ptalladelpbla.
Deposits received subject to check at slRht, and
Interest allowed on daily balances.
Stocks, Bonds, Ac. bought and sold on commisston
In rUiladelphia and other cities
Particular attention given to Information regarding
ShoMT Cards, Labels
Branch
Jos. C.
16
Work Executed In Flpeproof Buildings.
UTHOOHAPHIO ANO TYPE PRINTING.
SAFETY PAPERS.
made and ]..oanBNeROtlat»4.
Dividends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed. Investment Securities a BpeoUlty.
We issue a Financial Report Weekly.
Becuritles. Collections
PHIIiADBI^PmA.
mantifkriun'i) cxtluUvelf fur
SAFETY COLORS.
stocks and Bonds bought and sold on CommlMlon.
Orders received In Mining Stocks, and In Unll«t«d
Geo. K.
Co.,
BANKERS.
Cor. Third
S. IV*
FKFVKNT fOlXTKIiraiTIXa.
ttw or the Cumpanv.
Co.,
IMPORTERS,
IS.S.
BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES Of the UNITED STATES; and for
&
Co.,
BANKERS AND BROKEKB.
No. S4 Pine Street, New York.
TranHBct a General Banking Basiuesfl
58
BoftlneM Founded 171>5.
Inroii>or.lr<l ttlulrr Law. of SUte of K.w York,
Kcorffanlzed 1879*
Engravers and Printers of
&
C. Walcott
J.
Bank Note Company,
1,043.
'gixmncin'L
'ginnncinX,
'gitmntiviX.
Trinity
NO.
20. 1885.
S-^R.^ET.^
..I*.....
New York. ^
Howard
Lapsley
"
&
Cb.,
BANKERS AND BROKERS,
No. 11 TVAtl- STREB»»>^
N«W
York.
;
THE CHRONICLE.
11
'govtiQU
WALL STBBKT,
OOENEK OF BKOAD, NEW YORK.
Drexel
&
Drexel,Harje8&Co
Co.,
PHII-ADKLPHIA_
PARIS.
BOHSSTIO ASD FORSIOIT BAKKERB.
SecnrttleB
^..um
tMslTad niMeet to Draft.
No«. 19
&
Brothers
WAM. 8TBBBT,
"
lort o
S.
M.
Co.,
BUT AND SKU.
BILtS OF EXCHANGE
^.T -!»». T BRITAIN AND IBKLAND, FKANCESWITZEHLa'nD, NOR-
*OKRM A n1 'beTx^ U.M,
*WAT UKn'mARk' SwVdKN AND HOLLAND.
lM«e Commercial & TraTclera' Credits
Exchange on, and make Cable TransfeWlo. England, France and Germany.
of
& W. Seligman & Co.,
ALTMAKiSTBTTUElkBR,
In
CMiada, and of Drafu drawn In the
Cnltad 8t«>«s on Foreign Conotnee.
T
^
&
&
Stuart
Co.,
J.
33 HASSAC 8TBBKT.
BILLS OF EXCHANGE ON
• niTU, PAlfNB & SMITH'S,
BANKSnS, LONDON
HANCHE8TEB
Sc
Transfers of
Money on Europe and
John Paton & Co.,
SUCCESSORS TO
JESIP, PATON & CO.,
•^
WlUlam
S3
a&d
sold.
DRAW ON
THE ONION BANK OF LONDON:
BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.
IN
LONDON
BKLFA8T, IRELAND;
AND ON TBI
&
&
Co.,
10 TkroKBiortoB Ave., LondoB, Ens.
Draw Bills of Rxchanfie and transact a (reneral
^^ii.H.1 ooinniUBlun business. Particular attention
41VVD to American Securittes.
William He^th
&
Co.,
Scribe, Paris.
John Munroe
&
trnuNO
CO.,
PABIS
cunquBs and bills at sixty
DAYS SIOUT ON
Correspondence Solicited.
- ,.
,
..
^
Quotations cheerfully furnishea.
W. Alex. Bass, Jr.
Wm. H. Rolston,
Member N. Y. Stock Eich'ge.
Member Chicago Stock Kxch'ge.
Jameson, Smith&Cotting
STOCK BROKERS
COMMISvSION MERCHANTS,
38 Broad St. and 6T Exckange Place.
AND
STOCKS, BONDS, GRAIN and PROVISIOHi
bought and sold in New York and Chicago.
Chicago Correspondents, WM. T. BAKER A CO.
Direct and exclusive urivate wire
H.
HambnrK.
[areaard, Kranss * Co., Paris.
Oraan<
nerolal and Trareleri' Credits.
C»W« Tr»ii»I«n.
FRANK C.HOLUNI
F.A.YZNAQA.
H.B.HOLLINS.
B. Hollins
&
Co.,
BANKERS AND BROKERS,
74 BROAJDTTAY.
SECURITIES
on commission all classes of Stock
and Bonds, for cash or on margin.
Agents for Banks, Bankers and Railroad Com-
Buy and
sell
&
Co.,
bills of e.xchangb, letters of credit
NEW YORK,
BANKERS AND BROKERS,
telegraphic transfers of money
ON M EXICO, CUBA, &c., &c.
& DAVIS.at
>VOOD securities
ALKXANDIB BABINO,
KINNXDT TOD.
H. O. NORTHCOTi,
J.
Member
N. Y. Stock Kxch.
&
Kennedy Tod
J.
Co.,
WILLIAM STREET,
No. 63
BANKERS.
Act as Agent!
for Banks,
Bankers and Railroad
Companies.
Issue commercial
credits, also foreign and
travelersMetteraof credit In pounds sterling
sell
bonds, stocks and securities in
erican, Canadian, British
dollars.
all
Am-
and Dutch markets on comcoupons and foreign and
mission. Collect dividends,
Inland Dratta.
Exchange on
MKbVlI.I.E, EVASS dt CO., ) JL."I^""««
nNnON
Bell Bills of
the New
l?"ted
Execute orders in all
York Stock Exchange. For Sale,
First-Clabs Raiuioai) First Mobtqaoe Bonds
GEOROK C. WOOD. C H. HUESTIS T>.M.SWAK
Fred. H. Smith,
BROAD ST., NETT YORK.
STOCKS, BONDS AND PETROLEUM
Bought. Sold, and Carried on Margins.
all railroads for past twenty
Parties desiring to buy or sell unquoted secommunicate.
well
to
curities win do
F. H. Smith, Members N. Y. Mining, Stock i Na.
tiona) Petroleum Exchange.
8. W. S.M1TH, i
Intimate knowledge of
years.
I
CAUDAVELL,,
i
&
BANKERS AND BROKERS
No.
Co.,
BOSTON, MASS.
Cor.
Wall and Nassau
Sts.,
M ASIIBURN &
TOWNSEND,
H A:\1BR0 dk SON,
&. J.
OVENS A: SON, AWSTERDAM.
llOTTIXilER & CO., PARIS.
Kidder, Peabody
ST.,
SUCCESSORS TO
domestic
&
O0er Investment Securities,
Buy and
PINE
No. 30
WALL STREET.
8
Transact a general Banking Business. Including the
Porctaase and Sale of all Securities dealt In at the
New York Stock Exchange.
... ._-.
,., ^
Interest allowed on deposits subject to sight drut
.
New
York.
FOREIGN BANKERS,
C. B.
Chas.
AND
COUHEBCIAL ASD TkAVELEES' CRBDITg.
JOINT AQBNTS
Canadian Bank of Commerce,
1« EXCHANGE PLACE.
BDT AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC.
I8BCK COMMERCIAL CREDITS. A VAILABLB
IH ALL PABXa 01' TBS WOBXJ).
LANsrao C. Washburn.
'''ownsewd. Member N. Y. Stock Exchange
Caldwell.
J.
Charles-? Cox.
Wm. V. Carolis,
Member
N. y. Stock Exchange,
&
Carolin
CABLE TRANSFERS, BILIfl OF EXCHANGE
&
latematlonnl nank of London
(Limited) London.
jonn Rrrenberie GossIer&Co.
Bass,
BROAD STREET, NEW YORK.
STOCKS, BONDS
AND MISCELLANEOUS SECURITIES
31
ALBXANOEBS Sc CO., LONDON.
OOBRESPONJDEyTS:
OiBcinjtB, Nom Ain> CRKom for Telatilirs.
BABING BROTHERS & CO., London
PERIBR FllEKES & CO., Paris.
Schulz
Ruckgaber, MENDELSSOHN & CO., Berlin.
BANKERS,
tB VILL1AM STKEET, NEXT YOBK. i. H. eOADBT & B. E. WALKER,
COKKBSPONIHINT8 OF THS
&
Rolston
Wood, Huestis
New Yokk.
Co.,
No. 33 Nassan Street, New York,
Ko. 4 Post Olllc* Square, Boston,
CHEQUES AND CABLE TRANSFERS ON
atifl ^vxtlxtvs.
No. 20
.
Ordan solicited for Ixindon and American markets
ter loreatment or on ouuiln. Railway, State and
Otr Loua DesoUoted.
nVNBOE &
%mxk&vs
Members N.Y. Stock Exchange.
FIRST-CLASS INVESTMENT
34 Exclianse Place,
ABLB TRANSFERS AND LETTERS OF CREDIT
No. 80 Broadway, New York.
Memben ot New York Stock Bzchanse.
«rORBION BXCUANOK. CABLE TRANSFERS.
LETTERS OF CREDIT AND
CIRCULAR NOTES
Issued for the use of travelers In all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
filaces in the United States. Deposits received subect to check at sight, and interest allowed on balances. Government and other bonds and investment
securities bought and sold on commission.
panTes.
32
AL80,
William Heath & Co.,
BANKERS AND BROKERS,
,
120 Broadway, Equitable Building, New York.
DEALERS IN
COMMISSION MEBCHANTS,
KDINBUBOH, AND BBANCHB3!
PARIS:
HEW TORE: LONDON:
«.'iS.1"Q""SV.TH08E.DATI8.W.G.H.H.ATH.
KOIJNTZE BROTHERS,
BANKERS
Co.,
BANKERS
AND
HATIONAL BANK OF SCOTLAND,
William Heath
&
Maitland, Phelps
VLSTEB BANKING COMPANY,
Bne
New^ York.
of Banks, Corporations,
(ayorable terms.
firms and IndlTlduals received upon
and remitted.
collected
Interest
and
DlTldends
Act as agents for corporations In paylnx coupons
and dlTldends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Tranafera bought
1
"LIMITED;"
No. 19
Street,
AcoonnU and Agency
COCNTY BANK,
MAKCHMTKB, PATABLB
Ana-
TelegrarM.
'±r*BltlS' M"'Bxchan,e and make
California.
AND OTHER COUNTBIBS.
all
New York.
Berlin.
Africa,
Parable In any part of Europe, Asia,
TBAN8FBB8
MAKBTBLKOKAFHIC
"^
OF mONKY
THIS
S,
iBsne Lett«r8 of Credit for Trarelers,
London,
On SKLIGMAN BROTHERS,CIE..
Paris,
&
SELIOMAN FBERE8
Frankfnrt,
SBLIOMAN 1 STBTTHEIMER,
Amsterdam,
GOLDBERG,
AI.SBEKO
IN STERLING.
aWTW^TN
KKR
BBOAD STREET,
No. as
IN ANY PABT OF THK WORLD.
rnuiM, In Martinique anfl Qnadalonp*.
d»wn
COl.LBCTION!* <IK DRAFTS
«AKK
tHe United States and
polnu
rtroad on
Exchange.
Vienna,
AND THEIH COHBESPOHDBNTS.
Draw mils
AVAILABLB
And ta
Niii.
deHolhscliilil, Esq.,
B A N
N. Y.«
Members of the New York Stock
DEAI.KB8 IN FOREIGN KXCHANOE, GOVKHNMIOT
AND OTHER Investment Bonds.
STERLING LOANS A SPECIALTY. _
S4 Wall St. and 03 Greene St., N. Y.
and sell on commission, for Investment or on
Buy
ai."?deKoih«liild&Sons, Frank- margin, all securities dealt In at the New York Stock
ATTORKITS AND AOINTB OF
Ho. t»
Street.
Chas. Unger & Co.,
BANKERS AND BROKERS,
Exchange,
•^'*."r"*Ji RolHschiiil Hi-os..
HcMra. J. 8. MOBCAN & CO.,
LOSDOK.
22 OLD BBOAD 8 TBEKT,
Brown
Co.,
& Pans.
llemra. N.
T.
go.
BANKERS,
& 21 Nassau
THAVELKliS' CKEDITS, aTallable In all
loartw TKAVELtK.^^
IS8DK
^^.^^j_j through
Sons, London.
M. Kotbschllil
BaoHiiuuu.
Third SlrMt, SI BonleTard
noM BosU
&
Co., August Belmont
&
XL.
'goxiiQU %xchnmii»
^0tjeifln ^xcftmifl*.
%xcUmQe^
Morgan
Drexcl,
^[VOL,
Cox,
Bankers tc Commission Stock Brokers
No. 68 BROADWAY, NKW YORK.
Deposits received subject to check at sight, and
interest allowed on daily balances. All Stocks and
Securities dealt In at the New V ork Stock Lxchange
bought and sold on Commission, for Cash or upon
Margin.
^
.
Asiel
&
Co.,
AND BROKERS,
BANKERSEXCHANGE
PLACE.
No. Bl
E. A8IBL.
L. 8.
Frankenheimer, M. Skliqmann,
Members
N. Y. Stock Exchange.
AUOUSTINE HEARD,
39
NASSAU STREET.
Loans on Railway and other negotiable securltlea.
Purchaae and sale of same. Loans on Bona sod
Mortgage, General flnaaclal business.
Juki
THE CHRONICLK.
20, 1885.]
f?anTtPi*3
ISrorlicrs,
atljft
».
M
llZSHY
WM.
'
^
11.
\
'
'
"
1
Prince
It
l>. C.
I'artner.
_
Buy and Hell on ci>minltulon all oIa«««« of Rallroftd
8«our1II«8; iiHn iiriiln nrul l^rttvUlonii.
PrlTHio 'ivitfttraph wiren tn i'hilHdelphlft. Wilmington, IlKltliuiiro. WanhhiKton, Urliliieport, NcwUaTWI,
Bo«ton and IMltaburv.
FKCD. A. BBOWS.
UHUWN.
Ueuhekt
p.
^ovtlan $aubevs.
BBOWN.
TBE
Turner,
J.
(IB renra' Mcmkorfihlp In Ibe N,V. Slock Exohance.)
BANKER AND BROKER,
vVhitely,
6c
j
11.
C.
K,
initfon,
Ill
No. 64 RKOAnWAY, NEIV VOHK.
New York.
nuAvm
o»rirKS 53g ,j(,, gjAre.,
BRANCH r>»»if-««!"*'"'""'h
WMhInuton, D. C.
WAL8TUN
Savketrs auA J^xoT^zks.
k
-
I>
iu
U.
.
.
Wri
A
16
BROAD
19
Railway Share Trust Co,
NEW YORK,
ST„
(LIMITED),
Tranaactaagenoral Banking buKlneu, Including the
parchaae and aale uf atocka and bonda for eaah or on
No.
DANK BUILDINOa
4
tuargln^
DODOLAIIfl OREIM,
Memb. N, r. Cotton Rxcb,
J
LONDON, ENGLAND.
A.K.BATEMAM,
Mamb.N,V.8took Kxob.
W. w. DrDLET.
C:REE\ & BATEWAIV,
IIA.NKKKS A.SU JIKOKKUS,
COTTOV, (illAIV, KOBEIOK KXCIIANOE,
Corner Wall and New SIrecta.
PrlTato Wires to Wavlilniiton. 1). C lliijllmuro. Boa-
Capital Paid Up, iC9TI,380 aurllac^
8TOCK11,
Walston H Brown & Bros
BACKERS,
.
John UOWARU
KHCDiaiCK W.
I.ATUAM.
H. Latham
J.
&
R.
&
Kimball
J.
PUBT
Columbia
Co.,
BA-VKKKS AND BROKERS,
No. 16 i:ruad Street, New York.
B«Tent«en
Me,ubership Id
Stock Exchange.
yc.tra'
Robert J. Kimball.
Alfred
ttio
New Tork
a olrlrtly ConimlsMon Bnstiies* In
to
OlKAM OEWINQ. CLAKK DKWINO.
(Member ot New York Stock
No. 18
\»'all Street,
New Vork«
Stocks and Bonds BouKht and Sold on Commlsston
AccountH received and Interest allowed on bftl*
lances, which va&y be checked for at siiibt.
Iowa hoiin St, Trust Co. 6 per cent Debentures
bought and
ERTA BLI8HED
Pald-Up Capital,
BaaarreFund,
Head
»4U,8tt3
"
87
($83»,M5,a9)
Amaterdam.
BiuNoaea
bandoD— BXCHANGB « INTK8TMSNT BANK
Offlee,
W. BLIJDEN8TEIN i
K A S6
Enachode-B. W. BLIJUBNaTKlN. JB.
Almeloo— LBDEBOKR A CO.
Transact a general Banking and CommlMtoa
corbehpo.voents
BRACiOBES
No.
Ne«r York,
TranrACt a General Bunking Buslnesa, InolndlnK
(be purcnase and aale of tjTUCKti and BONUS tor
eaah or on martrln.
Bur and
InTeitment Secorltlea.
BOX 2.B47.
Watland TaA8K. H. J. MoBSI.
i<e|]
P. O.
ii.M. KIDDIB.
W.C. HILL.
T
Bnai-
^
iS Brnndway,
cor.
Co-
Exchange Place, N. V.
Braucli OlUcr, -Jll l.a i'ullp ^i„ f;hlcnKO,
TRANSACT A (iKNKRAI, BANKINO BUS1NKS8,
lll.VIJ TDK PLHCHAfK AND 8ALK Oh'
STOCKS A.NII BONDS FOK I'ASII OK ON MAKOIN. BCV ANI> SKl.L IN V KSTIIKN T SKCLUIINTEKKST ALI.OWKIJ ON DEPOSITS
TIK8.
flUBJKCT TO CUKCK AT SRIHT.
P. O, B<PI 447.
D A. BOODT.
C. W. MCLelLAN.
INCI.l
W^all
P.N.
Bank of
$6,000,000
1,500,000
400,000
Ptild-up Capital,
St.,
-
-
.
-----
.
jEI,H0(),i«)0
Keservo Kund,
730,)HK)
()f Credit and Drafts Issued on any of the
numerous brntiches nf the bank throughout Australia
and New Zeaiiirnl.
BtockB and Bonda bought and lold on eommffl«loa
mt New V'ork Stock Kxchang^. AdrnQCW made an
^Bslaeia
and otb»r »ecarttlM
mvw
$5,700,000 Paid Up.
•
$1,250,000
ANDREW ALLAN, Esq.
ROBERT ANDERSON,
HEAD OFFICE, jnONTREAL.
President,
Vice-President,
Teleurupliic transfers inatle.
Depiisits received in London nt Intorest for flxed
or for triiiisler to the colonies on terms
which may be ascertained on application.
PUIUKAU.V 8ELBY, Secretary.
The New York Agency buys and
BANKINO ASSOCIATION.
Paid-up Capital
Reserve Fuud
Reserve for Kquallratlonof T)lvtdends
Ueserve Liability ol Proprietors
$7,600,000
4,4<j0
000
400,0' '0
7,60oi000
&
Ht.
New York Aeeuor, No.
B.
TVRIVCR A
CO.,
TDREADNEEDLB 8TBKET,
EO.XDOJV.
York Rtock Kxchange.
Hnnma i} ^^^
^UMBiRs
pi^i,4eiphia Block
JSxchSga.
61 AVaU Street.
)
HARRIS.
.Tk..
(
.„„,.
*'"•"
Imperial Bank of Canada.
CAPITAL
H.
8.
.......•91,500,000
<i678.O0O
(paid up),
SVRPLtJ.S,
HOWLAND, Prest.
•
-
D. B.
WILKIB,
Cashier
HEAD OFFICE, TORONTO.
SRANCHSS:
Catharines, Port Colbome, St. Thomas, Ingeraol]
Welland. Fergus. Woodstock, Winnip»tf, Man
Brandon, Man. Essex Centre, Ont.
Dealer* in American Currency A Sterling Bzehaage.
vVcents in I.ondon
,«,«,_ i„ m-_ t7„-»,.
Lloy,f-s, Barnetfs A, Bosb^SI^^oI? '5?7n?°r'2L
ttuquet's Iltink, Itmited,
S0 Wall Street.
Oa Ltomburd Struct.
Promptest attention paid to collections payable In
ftDT part of Canada.
Approved Canadl^tn bufilness paper disennnted at
tbe ilead Office on reasonable termJ, and prooeedi
ramttted by draft on Now York3t,
,
I
|
AOENCY OF THE
Bank
OF
British
North America,
No. 63
Co.,
BANKERS,
FRANKFORTO.NMAIN, GERMANY.
Kx.
theofScesof the,bankln Canada. Every description
of foreign banking business undertaken.
The Corporation grant Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills ptyable at Bombay, Calcutta, Singapore. Saigon,
Manila, iloiig Kcmg,
Koochow, Amoy, Nlngpo,
Shanghai, Hankow, Vokobiuiia,Ulogo, San Franoisoo
47 William
sells Sterling
etaange. Cable Transfers, Issues Credits available in
parts of the world, makes collections In Canada
and elsewhere, and Issues Drafts payable at any of
all
:
Shanghai
E(Q
GEORGE HAGUE. General Manager.
J. U. PLUMMEK, Assistant Oeneral Manager.
BANKERS:
LONDON, ENG.—The Clydesdale Bank (Limited.)
NEW YORK—The Bank of New York, N.B.A,
Bills nem)tiHtc(l or sent for collection.
and London.
A. in. TOWNHENO, Areat.
•
JOHN
Letters
BO
•
HENRY HAGUE,
London, England
.
.Manager.
OF CA.\ADA.
Capital,
Reserve,
Australasia,
(Incorporated by Royal Charter, 1S35.)
4 Threadneedle
KKNNKDV.
Canadian gantuers.
Bk
FKKDK y. LOW.
„
IGNATZ STEINHAKT, i*'*°*«era,
ULIKNTH AL. Cashier.
Bl/ILDING, A. P.
Street, Corner Broadtraj'.
STOCKS, BONDS d OOilMERaiAL PA^SR.
Agency of Foreign and Colonial Banks.
Merchants Bank
Correspond'u, Massaoliusetts N.
L. de Steiger
VNITSDBANK
I
The Bank, while conducting the general bnslncse
of London Bankers, gives special attention to the
A. a.
(LIMITED).
Head Office, 3 Angel Court.
Rkitben Lelakd.
BANOTK.S,
I
:
SAN FKA!VCIS€OOttlce,422 CaUfomla St.
NEW YORK Agents, J. & W. 8eli(mian <t Co.
BOSTON
:
Paddlngton,
Aldgate,
Old Street,
London.
HB
Hong Kong &
BANKERS
Knlghtabrldge,
Anglo-Californian Bank
LONDON,
l,000,UttO
Tottenham Court Boad
I
Uolbum.
peri'.iis.
lBoodf|t
Bond Street,
Ludgate Ulll,
C.
KNAUTH.NACHOI) & KUHNE
Messrs.
'1,OU!>,UUO
Reaerre Fund, ,£300,000.
HEAD OFFICE, THREADNEEDLE ST.
aeaa In BUla. Stocks, Shares. Coupons, &g.
New York
iE4.000,000
......
Pald-L'p Capital,
Kotierdum— DK WISSKL-en KFrsCTUNBANK.
(
OO
Authorized C'nplrnI
t^ubHcrlbeil t'npTlttI,
CO.
Threadneedle Street, B,
Transact a general banking bnslness. Issne Commercial credits and nillsof Kxcbange, arallable In all
Ssrta of the world. Collections and orders for Bonds,
tocka, etc., executed upon the most favorable terms.
Co.
BANKERS,
18 WALL STREET,
(LI3riTSD,)
EONDOM, ENOEAIVD.
.-
Noa.
Lomoff.
The Citv Bank,
IHOl.
— Onlldara (t3,a00,0fl0.-)
*
7,871,100 —
(13,148,440.—}
Snbaorlbed Capital, 8,000,000
%othorlzed Capital,
Paid-up Capital, .
Reserve Fund, • . .
sold.
Cable Addre*«-PATT,
B. W. BLIJUENSTEIN & CO.,
AnSTERDAin, .... HOLLAND.
F. T. BOXTKCOCT.
Ifixchange.)
H. Dewing & Son,
BANKERS AND BROKERS,
roaii-
or EeRlttratlon of 8tooks In London, or otherwise.
CHICAGO, BALTIMOUE,
PUlI.AUKLfUIAand Intermedlute Points,
No. 17 WALL ST., NBW YORK.
the
In
payments of Interest on Loans. DlTld*ndB oD
ter of
Bankvereeniging,
B.
STOCKIS, BO.M>S and UKAI.N,
With Private WIrea
De Twentsche
B. Loitksbert.
H. Divis & Co.,
J ohn
BANKERS AND BROKERS,
Do
• A gent for
Railways and other (Corporations, either
Co.,
CItr, CountT. State, Rallrnail, DlHtrlct of
ilond.i and Forelira KxchatiKe.
Coireapondenco Solicited.
Loaa* of approred Ballwayi, nagotlate* an4 a
to
Imi** Loan* on th* London Market, a«t«
ITNrXED BANK nUILDINO,
WALIi STREET, NEW YORK.
No. 2
Clil'-iu.'!).
NASSAU STBBET,
NEW YORK.
NO. 30
Tbli Company andertake* the basin*** of TruttM)
,
ton, Phllndiilprilii atHl
Bny and
fers.
also
on
demand
Chicago.
CIKCULAX
In n
CIAL CKKI
aminble
China, Japan
In
WALL STREET.
Sterling Exchange and Cable Trans,
drafts on 8coUujid and Ireland;
Canada, British Columbia, San Franclsc^i and
sell
Issue
name
BANK
.<
MiTV«;
i«..„.,i In T\, ,-,!.
iiorllng
>IKK.
.rM,,e,
Al5'>,
AN
tii< \/,i 1,1
of ^^.A^ i.i>mmi\,i
LntiTKi), avallail* In the Braille, Uivor
Plato, ie.
Bills collected
• 0*«d.
and other banking business tnuu.
A^ MCTAVI8U,
MCTAVlTu, ( .oanta
D.
P- A.
:
THE CHRONICLE.
[Vol. XL.
©auadian ^VLuUevs.
^vnst (^ampvinits.
Bank of Montreal.
Metropolitan Trust Co.,
OAPITAI.,
-
BVUrhVS,
•
MlUs Building, 35 Wall
$13,000,000, Gold.
$6,000,000, Gold.
0. r. BMrTHfcBS, Preeldent.
W. i. BOCHANAM, Oeneral Manager.
PAID UP CAPITAL,
New York.
$1,000,000.
Designated as a legal Depository by order of Bnpreme Court. Receiye deposits of money on Interest
act as Bscal or transfer asent, or trustee for corporations and accept and eieeute any legal trusts from
persons or corporatl.jni on as favorable terms as
„„„„„ President.
.^
THOMAS HILLnOCSE, „
FREDERIC D. TAPPEN. Vice-President
WALTER J. BRITTIN. Secretary.
other slml!Kr companies.
ITBW TORK OFFIOX,
STREET.
4c 61
WALL
t9
Horn.
St.,
.
Ftmm and
Bay wd Mil awrllM Bxoh»n««,
Cable
TraTelera' Credits
No. Si Abebnrcb Lane
&
Buchan,
•TOCK AND EXCHANGE BROKERS
TOKONTO, CANADA.
ConaUmtnenta of Canadian and English Bank
Noui and Collections promptly remitted for by
draft on ttank of New York N. B. A.
$2,000,000
3;66i;741
Capital,
Bnrplna,
-
-
This oompaoy
Is
•_-_ -
-
-
a laaal depository for moneys paid
antherlxed to act as guardian or
Into oooit, and la
raoalTer of estates.
ALLOWED ON
IHTBBBiiT
DEPOSITS,
wtaleh may be made at any time, and withdrawn after
days* notice, and will be entitled to Interest for
ts
tile
whole time tney
96
Dan. H. Arnold, W. W. Phelps.
John n.Rhoades
Thomas Slooomb, D. Willis James,' Anson p. Stokes,
JohnJ. Astor,
Kobt. B. Minturn
Charles S. BUI,
WUaon 0. Knnt. John A. Stewart,IOeo. H. W.nrren,
U. Macy.
S.M.Bucklngham UeofKe Bliss,
I
Wm
Clinton ailbert,
Daniel D. Lord,
Samnel Sloan,
James Low,
U. K. Lawrence, William Llbbey,
Isaac N. Phelps. John C. Brown,
Kraatus Coming, Edward Cooper.
S. B. Chittenden. W.Baj'rdCuttlng
UKKRT L. THOKN8LL, Secretary.
L0UI8 O. HAMPTON. Assistant Secretary
«11
AND
B13
Co.,
CHESTNUT STREET.
PHILADELPHIA.
AathorlMd
Capital
Pald-ap Capital
President
«d Vice-President
3d Vice-President
All trust assets kept separate
from those of the
Compuiy.
Burglar-Proof Safes to rent at tS to $60 per annum.
Wula kapt in Vaulu without charge.
Bonda, Btodu. and other Taloablea taken under
pal Bonds, Railroad Bonds,
DEFAULTED BONDS
nUnUnga, BUtaary, Bronzes,
rnol
etc.,
vaults.
deposit at interest.
JOU."* O- RKADINO, V.-Preat
'^S.^^??! •*"»'••
8. 8TOKKS, Treasurer i SecretarrT
D. R. PATTERSON. Trust Officer.
MAHUIN
i!^CS%}'.&JE?U'*?
'«.
bought and
Jaa. 8. Martin.
I).
Uares Agnew, M. D.
^«'L^^t';°'sr;.[',t";oV^xf^"
v:\?!;E
The Brooklyn Trust Co.
Montague
»«!Ml^22!RSJ
J«as^„r.
« Clinton
'.'
NO OIEER BVSINESS.
The Guarantee Co.
SEE GAS QUOTATIONS IN THIS PAPER.
3»0. H. Pbkntiss,
Member N. T. Stock Exchanffe.
irWESTiVIEPifTS.
W. HARRIS &
N.
115 & 117 Monroe Street, adjoining
First National Bank Building,
OFFICE
Wlt'fiTT''RlVI
nXiBXl^ur*
BROADWAY.
liOAN
&.
CASUALTY
Brooklyn N T
""I'x'rtaw byspeda) chartir to
eta.,
trustee, guardian.
CO.,
BROADWAY, NEW YORK.
Cash Capital, $250,000.
Assets, ?512,020 11
Deposited with the Insurance Dcpartm't, S2U0,000.
Officials of Banks. Railroads and Kxpress Compa-
Managcrs.Secretaries.and Clerks of Public Comand Commercial Arms, can obtiln
panies, Institiitlc ins
BONDS OF SURETYSHIP
Cimmny
tj's
at m..clc-rale churges.
S?"
Company are accepted by courts
„. the
.1? State
a." . "\ U""
01
of New York.
.CASUALTY DEPARTMENT.
causing death or
Full information as to details, rates,
&c., can be
""£"• "'' "^ Company's Agents.
Ji. M.V.'-Hl'"'
RUHAHLS, Prest. JoHX M. Cra.\k,
Sec'y.
ROB'T J. HiLLAs, Ass't Secretary.
Wm
W M
m «
H*V- ^l-fi?""'
" 'lllanf.
DIRECTORS:
PavWU„w3,
A.
W.G. Low,
Barnes,
Charles Dennis,
Vk',',;
A'ex. Mitchell
i
Hf.'^r"'"'"'','-..'^-,?"''"'"'A. B
B. Hull,
J.D. Vermilye.
S. B. Chittenden.
Geo. S. Coe,
Wm. M. Richards.
S.
Cash Capital, $500,000.
ln™lc?,S."^ ""' *" "' '"^'^ °° "o"*'
P
required
Company organized In the United
Rf«ii^ A^SJ^}^
SfKseTslSvlfSStfLls'-coSSJfl""'-- '""' "'"^
p.iVepr,[;f,'„a'?s!&i^',^°^eg";5pTTXh^oS'e
'""^ persoM empfolSd b?
S5ron'^tnn"F„T,'"'""'»'
'""'
posltloni
'
irn ? i'lid
..^h'' pecinlarT
H"*'°«»' •«'"»«' holding ^
of trust
resnonslblllty.
'j.Kl^.i
».«.«««i, n. B. n^TB-ont, Abram
B.Uavllg.
JAt,
Boh
CvaaaM,
Secrotajy
I
Mortgages worth from two to
four times the amount of mortgage, netting investors 6 to 8 per
i"- Guaranteed by Co. Interest
payable at our Banking House.
Sti.NS.tvesfn Managers. Chicago
HENKV^K
GOiii-HPv Ku^;A^^^^ ""* Attorney, Philadelphia
Boston.
BA8C0M a vS'nw^-,.^,^'"' ""! Attorney,
-Agents, St. Louis.
BttO WN,CRAH,
BROWN
rRAir\
on G«n'l
S<'°S''?'
i CO.,
Agents, San Francisco
•
FarmMortgage
Co.,
LAWRENCE, KANSAS,
Offers to Investors the best securities In the
market.
KIKST MOKTU.\Ge loans UPON IMPKOVED
FAKMS. Interest and principal paid on day of maturity In New York. Funds promptly placed. Large
experience. No losses. Send for circular, references
and sample forms. F. M. I'EUKIN'S, President; J. T.
VVAKNE, Vlce-Prest.i L. U. PERKINS. Secretary:
CHA8. W. QILLBTT. Treas.; N. F. HART. Auditor.
THE
Kansas Loan & Trust Co.
TOPEKA, KAN.
SWEET,
Pres.
GEO. M. NOBLE, 8eo
Is the oldest and largest Institution In Kansas,
giving exclusive attention to the Negotiating or
CHOICK FIRST
LOANS at high rates
of Interest. It has negotiated over #7,000,000
of these loans for Savings Banks, Insurance Companies. Estates and private parties Bast. Send for
T. B.
MORTGAGE
Farm Mortgages
American Surety Comp'y
S
•
Author-
ized capital. ?a,0uu,ooo. Paid up
capital, Saoo.ooo.
Iteal Estate
circular.
SURETYSHIP.
executS^wu
'
COMPANY
^"
LOAN CO.
"* Minneapolis. Minn.
THE WESTER^y
FIDELITY
<i.
tJlIARANTV
BTTAKANTPP
«
u Ji.ivji.il ±i:.f,
;
TOJIPKINS, Secretary.
DiREcroRs-Joseph W. Dre.Tel, A. L.
Hopkins, H. Victor Newcomb, John Paton, Daniel
Torrance, Kdw. F. Wlnslow, Krastus Wlman.
n
NEHER
BantlnB House of
&. CARPENTElt, Troy.N. Y.
Established 18S!4.
Ueorganlzed
1H68.
Eastern Henresenlativea
of the NOilTHWE.STERIi
NORTH-
D. J.
nies,
CO.,
Montauk Block,
CHICAGO.
Niw York
218
W. W. WALSH
have constantly on hand a line of choice and
selected County, City, School and other Municipal
Bonds, which we have purchased after a strict investigation by ourselves and also by able legal counsel.
Investors can rely upon securing from us none but
strictly flrst-ciass and safe Investments. Lists furnished upon application. Morterane Loans on real
estate furnished in Illinois and Indiana.
OF NORTH AMERICA.
Cash Capital
fSOO.OOO
CashAssets
400,000
Deposit with Insurance Department
214,000
President:
Vice-President:
BIH ALKX. T. GALT.
HON. JA8. FEllRIBR.
Manafflnj? Director: Edward Rawlixg.'^.
General Office, 160 Broadway, New York
BiCH'D A. Elmer, Pres't. Lyman W.Bkiggs
V
—
BROOKLiYiy SECVRITIES
DEALT IN.
We
JBonds of Sixretysliip.
4
Bonds
AND ALL KINDS OF
sold.
Circulars on application.
K-
Jaooh Naylor, Tho». G. Hoed, Kdward L. Perkins
Phuladilpoia: Samuel Riddle, GI.BN Riddle K!:
Dr^Jeorae W. llelly. lUKHisni-iio, I'a" J. slm'psSS
Cor. of
Street Railroad Stocks and
of States, Municipalities
'",',")'"'?*?'"" accidents
,„.,,,?
'^""'^ *• (illlett, Joseph
totally disabling injuries.
xiiSSftS^^"?^ t""?,?'
iurncr, William S Price,
y"i'
GAS SECUKITIES,
State Bonds, Munici-
RAILROAD LOANS negotiated.
kept In Flre-
Money (Matred on
y- "
Sav
and
and Railroad Companies negotiated or collected.
CALL AND TIME LOANS made on United States
Bonds and good Municipal and Railroad Bonds.
FINANCIAL AGENCY for railroad companies and
other corporations. Will also conduct the reorganisation of railroad companies and other corporations
whose bonds are In default or whose property Is In
the hands of Receivers or Trustees.
Nos. 214
BROOKLYN.
CAS STOCKS
S00,000
the law.
ST.,
Seo'y and Treas.
UNITED STATES BONDS,
NO. Ill
lioo.ooo.
AXD
MONTAGUE
308
tl.OOO.OOO
Acu aa Executor, Administrator, Assignee, etc
and executes trusts of erery description known to
Ransom. Cashier.
careful attention given to all corresCollections made upon favorable terms.
Ist Vice-President
NEW TORK
The Union Trust
J,
Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEW YORK,
Anthorlzed Capital Stock, $1,000,000.
600,000.
Paid In
and famalae unaocoatomed to the transaction of
JOHN A. STEWART, President.
WILWAM U. MACV, Vice-President.
JAMES S. CI.AIIK, Second Vlce-Prest
mVSTBBS:
H.
Capital,
BROADWAY, NEW^ YORK.
JOHN C. SHORT
FRANCIS A. WHITE
JAMES S. NBGLBY
THEO, B. TALBOT
WM. P. WATSON
may remain with the company.
Szeoators, administrators, or trustees of estates,
busl.
neas, as well as rellgtonsand beneyolent institatlons,
will And this company a convenient depository for
M. Mills, President.
pondence.
BOUND INVESTMENT BONDS furnished to
Ings Banks, Insurance Companies, Executors
Trustees of Estates, and Individual investors.
United States Trust Co.
OF frSW TORK,
Ifo. 49 WALL STREET.
NEW
Prompt and
FINANCE COMP'Y,
DjBlalon of Canada.
Gzowski
cent Debenture Bonds, secured by three (3) times
their face value in Guaranteed Iowa Mortgages. All
security personally inspected.
For particulars or
references address the
ENGLAND MORTGAGE & INVESTMENT CO.. DBS MoiNES. Iowa.
DES nOINES, IOWA.
AMERICAN
•«
Offlea,
CAPITAL, f 150,0#0.
Iowa and Eastern Kansas
Merchants' Nat'l Bank,
drafu on
aT«Uabl« Id unr part of the world; l«»iie
aak* eolleetloni In, Ctaleaco and throoghoat the
London
INOOKPORATED.
Offers carefully selected
Farm Mortgages. Interest B to 8 per cent. Security
three (3) times amount of Loan. Also f<ir sale 6 per
F.
WAlTTO^WiTBOft, t Agent*.
mafm grant Commeralal and
New England
Mortgage & Investm't Co
In
Snms
of $100 and
Upwards on
In-
diana and Ohio Lauds.
NOTHING SAFER. ALWAYS PRO.MPTLT PAID
SEND FOR PAMPHLET.
JOS. A. MOORE,
S4 East Market St.. Indianapolis, Ind
H. L. Grant,
No. 145 BROADWAY,
NEW TORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND
SOLD.
See Quotations ot City Railroads In this paper.
'
June
TUE (IHRONICLE.
20, 1885.]
ShptciRl investments.
financial.
TO THK HOLDBBS OV
^tttauctxl.
PROrOSALH FOR THE PURSafe Investments.
ciiAHK or IIO\n9.
STOCK, BONDS AND CAR TRUST
7 PER CENT HON DS and iHOUTUAeJES
A.
CERTIFICATES
TKIUIITOUY
NKOOTIATCD »V THl
First National Bank, Corning, Iowa.
I
he bent FKmilnK DlstrloU
Iowa, MlrtHuurl, Kthumui hiiU Nebraska. Inlerest
paid «t yuur own luiiuo lii N. Y. KxclmtiKO. Twelve
yean' experlenoe lu luanlntt for Private InveiiLori
and Tnut Funds, tiend fur oiroulur ttivttiK full particulars aa to loans, referenoea. etc. Interest from
date of receipt of tuonov.
pholoe
W
flrtt mortftatfixi tn
t
Cbas. C. Noutun. Cash^r. Lkw K. Dailbow, Prest
Kaferlo
UiLMAN. S(W & Co.. Bankers. N. Y. City.
MutoHANTH* National Ban K.Chloano.
Illinois
'
I
TiiKA
irr.
'(. 1HH6..
Hi,-.,
bk^uled nrop.DiHls will he rec^'ivfii
m
i
iii<«t>fnro
of tho Territory of
•OStOOO North
dat o
Bonds, bearing
iiK twenty years,
i>ttun of tbe Terri-
M
Ji
tory five
1
vfur-*
jm
i
'••.
\
rr>nds, bear9*.£0,000 Dakota AcrirultM
iillon. runluKdatuoit tti.
nluK twenty yeiti-. una payable at the
option of tho Territ<iry ton y«ars after
date.
•
Special attention triven to
Coll PCriOnS.t;"'le<'""n»
*-*-^"^**^*co»ona«y paid.
"nil
on Imf^ni-c Choice
jLlliCllLo.
Inve e^*-rr^
proved City I'roporty.
Mortffiitrea
Bank and ohcr StooVs Bought and
BLAKE &
F. O.
Bux
Investment Securities
BOUGUT AND
Rome TVatertown & Ogdenaburg
Unlversityof Dakota Bonds, bcnrlni; date
.May I. l>v'-'o, rumilng twenty years, and
payable at the optionof the Territory
Ave years after dut*-.
North Dakota IVnitentlarv Bonds, bearing date July 1. 1S--5, running twenty
years, an<l payable at the option of the
I'e ritory ten years after date.
Madison Nornuif School Bonds. beaHng
date on the day of execution, running
twenty years, and payable at the option of the Territory ten years after
date.
Ists
and
8d».
School of .Mines Bonds, bearlngdate July
1, 188f>, running twenty years, and payable at the option of tbe Territory ten
years after date.
Southern Securities.
ALBRKT
$13*000
$10t000
iio.ue lata.
jk.
814»600
SOLD.
W^ANTEDl
OBwei:u
date.
SldfOOO
Sold.
CO., rrivnte Bankera,
MlnneapoIIa, inian.
3'20.
School for Deaf Mutes Bonds,
bearing date July I, 1HH5, running
twenty yoar*. arid payable at tho option of tho Territory ten years after
• 10*000 Dakota
Hemlttan-
R. HACIIFIEI.I>,
No. 5 Hi Plue Street.
All f above bonds bear ti iier cent Interest, payable
semi-annually on the first of .Ian. and July In each
yearatthe Chemical National Bank in New York
vity, except the Madison Normal School Bonds, Interest on which is payable at tbe oflicoof Territorial
Bonds to be delivered on or before
Treasurer.
August 1. 1885, in denomination of |500 each (2 of
$600).
E.
Bailey,
S.
fiifl
Bonds will be sold to the highest bidder, and no
bids will be received at less than par.
The right to reject any or all bids Is reserved.
Envelopes containing proposals must be marked
"Proposals for tho PurchabC of Dakota Territorial
PINE STHEET,
DBULINGS IS
IMSURAIVCE STOCKS
A SPECIALTY.
J.
BSIBMAN e. J EW F.TT, Pres. J08IAH JXWKTT, V.Prei
Cobnweli, Cashier.
Bank of Buffalo,
----.. 9300,000
CAPITAL,
-
BUFFALO.
N. Y.
This banK hii.» ."uperlor facilities for maklnK collectlona oa all accessible points In the United States,
Liberal terms extended to
Canada and Kiirope.
aooounts ot bunkers and merchants.
COKRESi'o.MJENTH.— New Y(»rlt, National Shoe &
Leather B.inK: Cnlon Hunk of Jjondon.
%ntj^cstf
gixriiljettjas^
S^c.
PACIFIC RAILROAD
NORTHERN COMPANY.
Treasl'keu's office. No. 17 Bkoad St.,?
New Youk. June 15. 18>S5. j
Coupons of the Kt?'<eral tlrst luortKJiKe j^okl bonds
of this company, duo July 1, prffx,, will be paid at
date. The books for
the tninsfer of the $a,000 registered certificates will
close Juno 'JH, and reopen July 3, lt>!:*5. At close
t'f business June :i') checks for interest due on said
rettistercd certillcites will be mailed to holders of
record at tbelr respective addresses.
this ottlce
on
iiml after thtit
KOUKRT LENOX BKLKNAP.
WESTERN
COMPANY. New Yohk. June
Treasurer.
UNION TEI.EGRAPH
lUVIUENU
The Board
No.
10. 185*5.
72.
of Directors have declared h quarterly
dividend of ONK AND 0.\K-H.\LK PEH CENT
upon the capital stock of this Company, from the net
eaminusof the
tliree
months
endinj;
Juno
30tli Inst,
payable at the ottico of the Treasurer on and after
the 15th day (tf July next, to shareholders of record
on the siOth of June instant.
The transfer books will be closed at 3 e'clocfe on
the ufternuon of the '^Oth of June Inst., and opened
on the momlnK of the 2d day of July next.
U. U. KOCHKrfTEK Treasurer.
QFFICE OF THE HOITIESTAKE
^MINING COMPANY, MILLS BUILDIXO,
Bhoad Stbeet, New Youk. June 10, 1885.
DIVIDEND
NO.
W. HAYMOND.
NOTICE.
:
C.
be furnished on anplicaTreasurer Dak. Ter.
at
Wllliau
will
Uon.
once for the above securit les or they
on lit seller a oplinu.
be sold on t:on
Cash paid
will
Bonds."
Further information
No. 15
S2.
The regular Monthly Dtvldend-TIIIRTY CENTS
per share— has been declared for May, payable at the
office of the C<Mnpany. San Francisco, or at the
Transfer Agency in .New York, on the ^th Instant.
Transfer books close on the 20th inst.
LOUNSBKKY & CO.. Transfer Acents.
To the Stockholders of the Lalce Erie
& Western Railway Company.
In pursuance of an order of sale Issued by the
United states Circuit Court for Ohio, tho railroad
and other property of the Lake Erie ifc Western
Hallway Company will bo sold on the 29th day of
Julv, 1SX5.
The Board of Directors of the Company has decided to huv in the properly I.N TK08T FOR SUCH
STOCKHOi.DEU ' AS SHAI.I, HAY (at the .Mercantile Trust Company in the City of New Y'ork. on or
before July 15. 1S85, or with interest thereafter)
AN
ASSKSSMK.NT OK SF;VK.\
(7)
I'EK
CKNT on the
par of the stock held by them.
A circular showing the tlnnncial condition of the
Company. &c., has been prepared, and may bo had on
applioatlon to
L.
The Coramlttee of iteorrmnluUnn
of the tHarar
(.rande Raltway Company, «ppolal«d In publlo
nieotlnK. and acting In co-oi>eratlon with the BosA, lUfi
Scotch and Dutch Committee*. rMpeotfoUf
followtns extract of the plaa adopted br
them, and request the aboTe holders to deposit 'thelf
securities In acoordanco with tbe same with the
United States Trust Company ot New York, No, 40
Wall Street.
rirst Mort««ae Consolidated 1 per cent Bonds will
reoelre for each (1,000 Bond with nil coupons:
(1,000 new 4 per cent Consolidated Bonds, bear*
Init Intpmst from July 1, 1886, and ('TOO 5 per
llsh,
uhmlt the
cunt preferred stock.
Bonds will receive for eich (1,000
all coupon.: (1,000 5 per cent pre*
fcrred Stock, if paylntr 2H per cent assessment.
or (WKJ per cent Preferred stock If paying no
<;enorHl .MortKaite
Bond, with
."t
assessment.
Car Trust CertlHcates
will receive for each (1.000
(Interest paid to.luly 1, IHkb): (l.ooo new 4 per
cent Consolidated Bond, bearlutr Interest from
,Iuly 1, 1888, and $100 5 per cent Preferred
Stock If Car Trust tortiM<rate bears 1 per cent
Interest; or fww
per cent Preferred Stock If
Car Trust CertlUcato bears 7 per cent interest.
Capital Stock will, upon payment of (9 per share,
receive:
(100 new (:ouimon Stock, and $16
6 per cent Preferred Stock for each share of
.'j
(too.
Provision
Dayton& Ironton RR.Co
MOKTOAGE
PER CENT
FORTY-YEAR GOLD BONDS.
ISSUE, (1,700.000. LIMITED TO tll.OOO PER MILE
ARE OFFERED FOR SALE AT PAR AND INTEREST, AND FULL INFORMATION WILL BE
GIVEN BY
Tbe Corbln Banking Co., Nenr York.
E. Hollins morse & Bro., Boston.
6
Phelps Induction
Company.
Telegraph
The UDderalgued
a liinitcd number of shares of tho stock of the above company at a low and uuifuriu price. This company po8sc8BeR the only practical system for
No. 21
NASSAU STREET.
In the plan to issue Prior
Lien
and
for replacing assessments If unpaid.
Information as to the terms and conditions
of tho plan, reference Is made to the circular and
agreement, of which copies may be obtained upon
application at the following ofHoes
assent,
For
full
:
THE UNITED STATES TRUST COMPANY OF
NEW
YORK,
No. 49 Wall Street.
WILLIAM WAGNER, Secretary of the Denver A
Rio tjrande Railway Company, 47 William St., and
A. MARCUS, Secretary of this Committee. Room
IT, No. 52 Exchange Place.
Respectfully,
GEORGE COPPKLL,
THEODORE DREIER.
1
MARCUS,
.INO. i.OWBER WEI.SH,
A.
It.
T.
Wil^SON,
I
Committee.
;
I
J
SEALEU PROPOS.1LS.
City CoMiTROixKit's Office. Citv H.vll,
Cixr OF St. Paul, .Minnesota, May 30. 183.5.
I
j
Sealed proposals will be received at tbe ofilce
of tlie City Comptroller, until 3 o'clocfe P. M,
Thursday, the 25th day of June, 1885,
FOR
^soo,ooo
FIVE
PER CE\T BONDS
(5)
OF THE
CITY OF
ST.
PAUL,
(COUPONS ATTACHED,)
Issued under an Act ot the Legislature of the
State of Minnesota, approved Nov. 12, 1881
(special session), jis iiineuded by an Act of the
LeKisliitiire approved February 14, 1885, and
under arcsolntion of the Common Council of
the City of St. Paul, approved .-Vprll 6, 1885,
"for the purpose of the construction of a
Free IVagon Bridge across the IQlssIssippi Ulvcr at Robert Street,"
THIRTY (30) YEARS FROM
ON THE FIRST DAY
OF MAY, A. D. 1915,
PAYABLE
MAY
LN
1,
18S5,
At the Financial Agency of tho City of St.
Paul in the Cliy of New York.
All bearing interest at the rate of Ave (5) per
cent IH.T annum, payable semi-annually at the
said Financial "Agency.
These bonds will be issued in denominations
of
ONE THOITSAND DOLIjARS EACH,
delivered to the snccessful purchaser In
the City of St. Paul.
No bid will bo entertained at less than par
and accrued interest, as provided by law.
Bids will be entertained for all the bonds
And
&
Reed
made
First Mortftaffe Bonds, If payable before
maturity, for buying equipment If oar trusts do not
offers for sale
establishing lelef^apliic oonnuiinlcntlon to and
from inoviuK trains, and is higbly indorsed by
railroad managers.
is
Bonds for
m. SCHWAN, Secretary,
110 Broadway, Neir Tork.
FIRST
Rio Grande
1
IT dale.
9.j'li000 Unlvei-slty of North Dukoui Bonds, beartngdatti July 1. tH.s5. mnnlntt twenty
\u- option of the
years, and payni'ii- ni
Terrllory ten
T1IK
RAILWAY COMPANY.
.1
and pay ill'
&
Denver
ii,ik..t,i
iKik
'
Minneapolis, Minn.
or
until
noun of July 7. Ins.'). f..r the purobase of tho whole
or any part <>f t)n> followlnit dencrlbed Coupon HMuds
Flagg,
nONTlNE\TAl4 NATIONAL BANK, Duncan Building, Cor. Nassau & Pine Sts,
New York, June
188o.
17,
Mr. FREDEUIC TAYLOU has to-day resigned
the Cashicrshtpof tbls Bank In order toen^^aiceln
other business. Mr. Taylor will continue a member
of the Board of Directors.
ALKUED
TIMPSON.
Aaslstant Cashier,
'who has been connected with the Bank for twentyeight years, has been appointed Cashier.
Mr. TUKODORB F. QUINTAUD. Chief Accountant, and twenty Ave years in the Bank, has been
appointed Assistant Cashier.
ISDAIUND D. UANDOLPU. l^residODt.
Air.
IL.
BNT&ANCB
No.
U
PINB STREET,
BROKERS AND DBALERS
i>
o
As A Whole or for any Portion Tiibreof'
Tho Committee reserving the right to reject any
or all bids.
W. D. CORNISH. Chairman,
in
i>f
r>
R. T. Wilson
s.
&
Co.,
BANKEB8 AUD COMMISSION MEBCHAKT8
a Kxebans* Coart, N«w Kork
W. A. VAN SLYKE,
JOHN DOWLAN,
Committee of Ways and Means
Mark bids "Sealed
and address
of tho City of St. Paul.
Proposals for aty Bonds,"^
JOHN
W.
ROCHE.
City Comptroller, St. Paul, Minnesota.
*
THE CHRONICLE.
Ilfittattcial.
%a3nxtiuc&.
^tnaticial.
THE
OF ST. liOtJIS.
CIXX"
VROrOSALd FOKGOLO AiJD SrESLtNG
CONNECTICUT
MUTUAL
THE
BONDS.
MvTOR's Officb. St. Lows. June 6, 1885.
By virtue of Ordinauce No. 13,279. approved
aalo
sealed propo-als for the purchase of nine hunlive thousand dollars (*965.C00)
any porin said bonds, hcieinafterdescribed. or
tion thereof, will be received ai the MAYOR'S
OFFICE, in the City of St. Louis, until 12
o'clocic noon of the 2,ith day of June, 1885, or
at the National Bank of Commerce, In New York
City uniil 12 o'clock noon of the 22d da.v of
June, 1885, when the National Bank (f Com
uierce will forward same sealed to the Mayor's
Office in St. Louis.
,,,„„.
Said bonds will be dated June 1st, 188o, and
will each be of the denomination of $1,000 U.
S GOLD COIN, or JB200 hXEKLING, payable
(20) YEAKS after their date, and
will bear Interest at the rate per centum per
annum stipulated lu the accepted bid. Semiannual interest coupons payable in U. S Gold
Coin, or in pounds sterling, on the Istdayof
June and December respectively, will be at
tached to each bond, and both bonds and coupons will be payable to beaier either at the
National Bank of Commerce, in New York City,
In U. 8. Gold Coin, or at the offlce of J. 8. Morgan & Co., London, England, in pounds sterng. at the option of the holder.
The al)0ve-dP6cribed bonds will bear interest
at the rate of THREE sixty-live hundredth-i
(3 65-100) per centum per annum, or FOLIK (4)
per centum per annum; and bidders are refjucEted to state In their proposals, the flit
price (including accrued interest) otfered in
current funds per bond, on a basis of either or
Considers the true and especial purpose of life insurance to be the protection TWENTY
of the family.
Life Insurance
Family
is
Insurance.
The present policies of this
Company
are, therefore, so
framed as to secure to each
family, in the most absolute
manner, the entire benefit
of the premiums paid on
their policy
;
and, in case of
to prevent the for-
lapse,
any part of them
feiture of
for the benefit of others.
Each
policy
states
in
amount for
which it will become paid up
in case of lapse at any time.
plain figures the
Example
:
Annual premium Life Policy for
premium $ >23,50
•10,000, age 30,
:
After 3 premioins policy
do.
Do. 10
do.
Do. 15
do.
Do. 19
do.
Do. 30
Do. 35
d<K
and
M
is
paid np for $540
do.
2,240
do.
3,400
do.
4.280
do.
e,280
do.
7,000
on.
forfeiture of just tuch paid-up inturancfs, and of all the surplus of pvem iums
(It it lite
and inleifil, irAkA fumishe*
the profits of
both rates.
All proposals will be subject to the conditions
and reservations of this advertisement, and
niu.st refer to same as a portion of the agreement on the part of the bidder, must be addressed to the underslKued, and endorsed "Proposals for pufchHse of!St. Louis City Bonds," and
must be accompanied by a deposit of cash or
check payable to the order of the
Comptroller (.ind subject to his approval) equal
in amount to live (5) per cent of the amount in
bonds bid for, as earnest money for the faithful compliance with the proposal; s.aid deposit
to be returned it the proposal is not accepted,
otherwise to be held subject to forfeiture to the
City in event of failure on the part of the bidder
to comply with his proposal, or, in case of
compliance, to be retained as part of the purchase money.
1 he awards will be subject to the approv.al
of the Committee on Ways and Means of both
branches of the Municipal Assembly.
The City reserves the right to buy of said
bonds for the Sinking Fund, an amount not to
exceed seventy-live thousand dollRrs at the
highest price cffeied by other bidilers.
The bonds must be paid for in current funds,
and will be delivered on the lothriayof July,
188S, attheoltlce of the ComptroUerin thei'ity
of St. Louis, or at th5 National Bank of Coaimerce in New York, at the option of the successful bidder, which option must be elected
In the bid.
''V
The undersigned reserve the right to reject
is
Company.
tection of the family
any and all bids.
A sample bond can be seen and further iufor^
mation ot>talHed at the office of the Comptroller
of the City of St. Louis,
DAVID R.
R.
St. Louis,
FRANCIS. Mayor.
A CAMPBEl>L,
:
and the
:
per-
June
assets
Jan
1,
Choice Investment,
GIA, a road that has never defaulted on any of its
obligations, and earns as well as pays dividends on
Its stock. I have 550,000 of these debentures which
1 can sell lower than they can be obtained elsewhere
legal standard of solvency
was
Augusta Georgia.
I-.
$4)1952^58 57-
&
West Virginia
Ist 78
Minneapolis & St. Louis Gold Ist 7s
Denver & Rio Grande Gold Ist 78
Dayton
MILLER & SMITH,
Agenu for If ew York City, Long Wand
and New Jersey,
ST.,
COR.
HBW YORK
BROADWAY,
ClXy,
HORTOX &
June m. 1583.
54
CO.,
53 Broadway-
tt
7 Per Cent Gold
Mortgage Bonds.
Wo have on hand a
& ."\IicUlgan Consols 5s
Allegan & Grand Rapids Ist Ss
New Orians Jack. & Great North. 1st 88..
Cleveland & Toledo Ist 7s
Kill.
CHAS.
18
T.
Loans. Principal and Interest payable in
Gold-
Oyer Seven Million Dollars negotiated
wltb-
ont tbe
Call
I.OSS of a Dollar.
and examine or write for particulars.
MORGAN & BRENNAN,
Managers^
CUSTOM HOUSE STREET,
PBOVIDENCE, R.
27
I.
Tennessee Coupons
Of SETTLEMENi: BONDS, payable at Nashville July 1, bought at 99^ by
B.
MANNING,
Fifth
14 Wall Street-
Avenue
HOTEL,
NEW YORK..
Madison Square,
'
The Largest, Best Appointed and Most Liberally
Managed Hotel In the City, with the Most Centrt B
and Delightful
Jjooation.
HITCUCOCK. DARLING &
Moore
&
„
CO.
[
Schley,
NEW YORK STOCK EXCHANGB
26 BROAD ST., NEW FORK.
1902
1919
1898
IPOS
1906
1919
1921
1910
1927
1900
1911
1 8S3
1886
18S6
IVINO,
WALL STKEET.
WITH A, M. KIDDER *
Seven
choice selection of
Per Cent Real Estate Bond and Mortgage
IIEMBERS
July Investments.
Jlilwaukeo & St. PaiU (River Division)
Gold l8t78
St. Paul & Sioux City Gold 1st 68
Central Pacltlc Gold 1st 6s
New York Central Registered Ist 78
Jefferson Madison & Indianapolis Ist 7s..
Indianapolis & 8t, Louis Ist 7s
Ciucimiati Richmond & Fort Wajne Gold
Ist 7s
Ohio
WAIL
Y'ork,
WM. FELIX AliKXANDER,
1885,
$53j430>032 91.
Its surplus by the highest
I
H.
New
JOHN
10, 1885.
Semi-annual Interest paid rescularly, July and Jannary 1. The six per cent debentures of CENTRAL
loAvest
were
0«ii«ral
The proceeds of these bonds are to be used in the
completion of the extension of the railroad from
Clifton to opposite Elizabethport. New Jersey, and
In the building of new docks for the ferryboats at
Staten Island, and for a more complete equiitment.
Under the terms of the mortgage, which is made to
the United St,ates Trust Company, the trust company acts as custodian of the funds, and disburses
them only on the cerLlflcate of the engiueei;, and
under the orders of the Board of Directors, The
bonds are for $1,000 each, payable to bearer, but can
be registered In owner's name, and have a sioklne
fund attached, by which they will be entirely Itquidated at maturity.
Comptroller.
cost.
,Its
million dollars.
BAILROAD & BANKING COMPANY Of GEOR-
It seeks the absolute pro-
fect equity
The undersigned offer for sale $400,000 of the above
mortgage six per cent gold bonds, at PAR and
accrued Interest. The entire issue is 11,000,000, of
which $600,000 has already been taken. The bonds
have thirty years to run, and are issued under a
mortgage made to the United States Trust Company,
of New York.
The above issue of bonds is a first mortgage on an
old established suburban business, with a uniform
and permanent traffic that cannot be diverted from
this company, as it owns all the ferry franchises
operative between New York and Staten Island, and
even with its present facilities Is earning net more
than treble the Interest on the entire issue of one
first
'
'
tlie
a purely mutual
Principal Payable l8t October, 1913..
Interest Payable April 1 and Oct. I.
cer.itled
Tontine system,)
This
STATEIV ISLAND
Rapid Transit Railroad
BONDS.
18*'5, autliorizing the Issue and
of S!)6 0,000 in bonds of tlie City of St. Louis,
Mav 23d
dred and sixty
Company
Life Insurance
XL-
[Vol.
CO., Bankers.
Private Wire connection with Boston,
adelphla, Baltimr
,-
&
Spencer Trask
Bankers,
Nos. 16 AND 18
Ph
il-
and Washington.
Co.^
Broad Street,
Transact a General Banking Busiiutt
Branch Offices:
Connected by Pritate Wires.
Philadelphia, 183 South Third Street,.
Albany, N. Y., 65 State Street.
Providence, E. I., 13 Westminster 8t,
Saratoga, N, Y,, Grand Union Hotel,
1
:
xmtk
HUNT'S MERCHANTS' MAGAZINE,
RETRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UXITED STATEi
VOL.
SATURDAY, JUNE
40.
NO.
20, 1885.
1,043.
The' New England section shows a small excess this year
over a year ago; this is due, however, solely to the extraordinary transa(;tions at Hartford mentioned above.
ClearitiK-Honae Rfltiirns
727 Monetary and Commerotal
The FlUHUclal 811 nation
Share transactions on the New York Stock Exchange for the
72a
En^li^h Newf<
The Anthracite Toal Situation
Coiuiiierclal and Miscellaneous
week cover a market value of $17,398,000, against |109,745,and the AllutDicnt Plan
72»
News
,
000 for the corresponding period a year ago, and if we pursue
South Pcuuslvanl* Enterprise. 731
our usual method of deducting double these values from the
THE BANKERS' GAZETTE
total exchanges at New York, we have 1309,463,880 and |306,Money Market, Foreljitn ExQuotikilous of
Stocks and
ohanifc, U.S.Socurilles, State
Hondo
737 391,331, respectively, representing clearings of other origin, or
and Railroad Bonds and
RnilroHd Earnings
738 a margin of 1 per cent in favor of this year.
8»ock»
733 National Banks Returns
739
Bangs In Prices at the N. Y.
luvestnicnt and Railroad InWuk BtUUni June 13.
Wtek BnMnt Juiu •
Btook £^chan<e
736
telllKenee
7i0
THE COMMERCIAL TIMES.
188S.
isst.
PtrOtnt.
PtrOmt
Commercial Epitome
742 Bread-stuffs
747
Cotton
743 jUry Goods
-28-1
748 New York
»«04,3U1,S80 t52S,881,22I
4fl8377,S0S
-846
C O N T E N T
8.
THE CHRONICLE.
I
I
i
I
I
1
|
|
.IoJm
The Commercial and Financial Chronicle i> puUUhed
New York every Saturday morning.
[
Entered at the Post Office,
New York, N.Y., as second
in
class mail matter.]
of—
{Stocks. ...Aartt.)
(76R,531)
(l,««9,287j
(-59-5)
(728,9671
(-70«
{Gotton.
.bait*.)
(413,600)
(284.200)
(-15-0)
(30,884.000)
(21.988,000)
(34,124.000)
(t-SO-O)
(34,914,000)
(77,493,000)
(-H6-6)
(+40-4)
(-«4-9)
(190,400)
{Grain... bushtlt)
{Petrolmm.J>blt.)
(45,278,000)
(-20-8)
{62,741,056
««2,3a7,394
4,014,600
+o-«
-11-5
70,290,965
],343.e«5
-f91S
-4-4
+2-5
+0-1
-10-9
-6-8
-H4-4
-S-7
-2-4
.
.
Boston
ProTldenoe
Hartford
3,554,1)00.
Terms of Subscription—Payable in Advance
NewBsreD
For One Year (including postage)
$10 20
Portland
ForSixMontha
di)
6 10
Annual subscription in London (Including postage)
Worcester
«2 7s.
Six Mo8.
do
do
do
Sprlogfleld
«1 Ss.
These prices Include the Istestors' ScprLF-MENT, Issued once in two Lowell
months, and furnished without extra charge to subscribers of the
t'lIKONICLE.
SuliMiiptlons will be contiuucd until
The piil)li»lier.s cannot be responsible
Dralt* or I'ost Office Money Oiders.
neat (lie eover is furnished at 50
cents. Volumes bound for subscribers
A
Offices In
deflnltelv ordered to be stopped.
for remittances unless made by
cents; postage on the
at $1 00.
same
is
IS
England.
Tlie office of the Commerciai. and Fisa.nciai. Ciirosicle in Lcndon
with Me8.«rs. Edwards & Smith. 1 Drapers" Gardens, E.C., where siibBcriinions and advertisements will l)e taken at the regular rates, and
eiugle copies of the paper supplied at Is. each.
The office of the Chroniclk In Liverpool is at B Ij.ExebanKc BuiUlings
Is
WILLIAM
JQHX
O-
B.
DAMA
FLOYD,
TVIL,LI.\:n H. DAN-.*
f
^9
ic
a
&
Co., PubliKliem,
Street, NE«' YOBK..
Post Office Bo.v 958.
William
1,018,815!
Total N. England
Philadelphia....
Pittsburg
Baltimore
,
Total Middle.
Chicago
Cincinnati
,
Milwaukee
Detroit...
lodianapoUs
Cleveland
Columbus
Peoria
— On page 739 will be
Total Western...
found the detailed returns, by States,
of the National banks, under the Comptroller's call of May 6, St. Lonlj
St. Joseph
Itindly furnished us by Mr. Cannon.
Previous returns were
New Orleans
published
24,
page
21, 18S5,
—those for March 10, 1885, in the Chronicle of April
505, those for
on page
December
20, 1881, in the issue of Feb.
338.
CLEARING HOUSE RETURNS.
The present statement
important centres.
The large addition at Hartford (over
is due to very heavy transactions on the part of the
State Treasury; in fact, but for these operations, which reached
& total of $1,215,026, the clearings would have faUen below
those for the previous six days. The strike among the ironmill workers is in process of settlement, several 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 17'3per cent. Our telegraphic returns for the
five days ending June 12, published in the Chronicle of June
13, exhibited the same percentage of decline; the confirmation of which by the full week's figures is only another evidence of the value of that statement.
-(-2«-2
-8-5
-I-IS^
t71,640,S75
-(1-4
80,068,051
-16-0
tS3,754.»47
57,538,120
05,623,714
»41,9;i,836
8,454,500
3,080,239
2,434,488
1,227,982
2,172.076
1,307,354
705,580
W2,846,47«
161,354,055
|64,383,.S57
$13,949,118
970,413
»14 '65,488
708,794
4,890,790
4,199,378
4,873,765
1,008,201
6,373,659
11.212.43'
8,981,200
2,815.472
1.723,671
2.-3S.171
1,587.208
755,845
7.042.193:
-9-5
11.729,305
-e-S
—12-3
72,588,715
-4-8
-2-0
82,148,709
-(-15-9
-8«
9,701,300
+*«
0,131,938
-(-1»-S
-65
2,817,061
l.S8B,71»
-2S
1,627,352
785,490.
+I1-8
-39-5
85,785,8881
-rll-»
I6,160,«
-I-8-4
-f37-7
1.041,7121
-23-9
8,192,689
4.868,473)
-82
8.421.480
-H2-5
-t40S
968.9781
San Francisco....
110,381,161
11,100,411
-8-8
9,538,194
636.023.590
l7fl9jO»e..S35
-173
748,780, 461
t2.1I,761,7i()
t2437215~ill
31,SST.097
—4-7~
"279,902.078
-148
-(-18-8
-i-aTJ
I
York!
+44-8
-10-4
+32-3
4,790,898
»30,459,7B7
New
—19-8
2,288,321
129,859,655
all
-f2T
{
4,474.571
715,816
+Vt
-t-U-O
-8-1
-8-9
-28-8
-20-7
-18-6
-6-7
8,177,818
-f*«
-HCl
733,481
477,795
Total Southern.
Outside
it
-HS-S
1,089,382
789,721
(48,213,278
6,203,004
Memphis
does a decided decline in the aggregate from tiie
Only four cities exhibit any gain
totals of preceding weeks.
over the returns for the week ended June 6, and they are
Hartford, Kansas City, Memphis and San Francisco, while
some considerable losses are recorded, especially at the more
ing as
l.M0,S00
|40,498,!65
6,885,772
10,152,083
Kansas City
Total
is
837.327
720.444
766,079
505,432
172,830,716
LoulBTllle
disappointing, show-
of exchanges
1,065,134
858,504
720,850
682,780
476,189
8,823,400
1,006,807
-»»
+6-4
Our telegraphic returns for the five days indicate that there
has again been an improvement in the volume of exchanges,
in which all the cities share except St. Louis and New
Orleans. The Boston total covers only four days, the Clearing
House at that city having been closed on Wednesday, June 17
(Bunker Hill day).
f 970,000)
flv* Day$ Zndlnt June 10.
1SS4.
18SS.
Now York
SalaoS Stock
Boston
S70.7S9.9S8)
(<Iu.)
Philadelphia..
.
Baltimore
Chicago
St. Louis
New
Orleans...
Total
Balance, Country '1
ToUl aU
Outside
*
Now
1
441.2II,e94
P«r
CSmt.
-16-0
8I>'v>Sn<l'iiJun>>8.
1S8B.
\PerCmi
333,466.673
(-«r«)
-o-«
(879,308)
(1,478,088)
(-40-4)
48,861.517
39,039,060
9,127,798
37.989,000
11.803,992
4,314,329
4«,07S,4«Q
43,013,470
9,3S3,S<8
8a,«S8,(W0
11.937,479
4,903,682
-1-0
-••2
-2-7
51,448,708
»«,3I»,748
-fS*
-I-l
8B,OW,000
-OS
'.S-l
11,818.920
'4,431,724
-4-9
-19-4
521,543,81l|
1596,269,776
47,847,034
-18-5
478,986,818
-18-7
47,0*«.O52;
•fO-3
81 ,349,789
1589, 513.863
t8«4.Iin.S10
'
—
Yirt' tl»8.7S!.2<i5 taw.iJ'i.ulii
BsUmated on the iNuli uf the Uist weekir retnms.
(e97.889)
3,480,488
— lB-1
-II
—
.
THE CHRONICLK
728
a
THE FINANCIAL SITUATION.
new currency
[Voi,.
XL.
system, one that should be automatic, self-
regulating, expanding in the
more
active
months and years,
or and contracting in the more quiet months and years; with
markets have continued to show more
WaU
which
tone
such a machine we will follow Mr. Weaver wherever he
better
week. The
less strength dunng the
not
however,
will lead, for we do not care whether any limit is put on
has,
circles
has of late prevailed in financial
have
they
the volume, as trade requirements will fix that.
prices
to
as yet Imparted great buoyancy
in most
In addition to the better feeling prevailing in Wall
that,
before
but
yesterday,
especially
street
;
advanced,
pubUc support.
there
is
little
evidently a much better feel-
hopeful, and could they be positive
legislation with regard to silver coinage, the
ing, holders are
of favorable
Still,
showing in general
lapses,
frequent
cases with
more
street,
some evidence of a preparation
managers for a change in consurely cannot all be a sham or deception,
there seems to be
among
in progress
It
ditions.
railroad
these frequent pool meetings that have been taking place
An
agreement as to freight
assured for
future of the market would, in their view, be
only
be regained
can
need
the varied traffic our railroads
recently.
be
with a general revival of our industries, and that cannot
remains a competitor; but the machinery can be devised
;
realized until capital, relieved
from
its fear,
becomes
confi-
dent and venturesome again.
Congressman Weaver, if the daily press correctly represents him, has issued his ultimatum on the silver dollar
He is .reported to have said that he
question this week.
difficulties is of
course out of the question for the present, while the canal
in operation when the occasion permits, and
something of that kind is apparently being done. As to
passengers, the meeting on Wednesday of this week of
the trunk line agents at Chicago may mean much or may
to be put
mean little, but on the surface the determination to abolwould 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
" dollars."
tender equally with the present coin
criticise this statement,
Without stopping to
the reason given for the unwillingness to suspend for the
time being the further use of silver
worthy of
notice,
plan
a
thing
and
a
for
others,
money
pool,
Heretofore
serious.
have enabled
looks
&c.,
these
lines to
like
payments
some-
to agents
secretly cut rates while
apparently maintaining the schedule, and
this has been a
most fruitful source of complaint.
Another incident,
The reason given is needing apparently better explanation than has yet been
surprising under existing conditions.
"
is
rapidly increasing made, is the marked appreciation with large sales of West
our
country
the
population
of
that
" and the money supply as rapidly diminishing"; in other Shore bonds and Vanderbilt stocks.
Taken in connection
because
is
covers a popular error, the presence of which
it
words, that the country
of being so,
is
is
short of currency, or in danger
and therefore needs
We
silver certificates.
have often proved that no such shortage exists or is likely
to occur; but the assertion seems peculiarly untimely
just now,
when
there
is
such a plethora of currency lying
idle in our various currency reservoirs.
tion, at
Look, for
with the new plan of settlement of West Shore affairs
proposed by the committee of which Mr. Frederic Taylor
is chairman and Mr. Taylor's resignation of the position of
Bank
cashier of the Continental
so as to attend to the busi
ness of the committee, the event becomes most interesting, to
illustra-
say the
least.
the latest national bank returns received this week,
Depew
as
Of course the election of Hon. Chauncey M.
President
the
of
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 comwhich has been pursued involving the absorption of the
panies, or the Treasury.
Viuk HiMimit bu -Vo(*moJ Ba7ik> of
VnUn statu.
OoKJ aiMI gold Clearinii House
Gold Trearory certtQcatca
Marcli
Maye,
11,
1881.
cerllflcates.
1885.
?9-2,377,465
. .
.?88,541,112
S.523,400
htttlt^ien
Total cnrrencr. not IncIndlOK sllrer and
•Urer certldcatet
;
$97.800363
58,886,«9
» 183,953,372
»15«,167,301
?280,425,37l
West Shore would be a change for the
new President in any way with
ing the
260J|.
do not pretend to special knowledge with regard to
these matters, but only refer to them as events of the
week looking like a tendency towards order where there
has heretofore been confusion of the worst description.
In respect to the crops the outlook has not materially
miUions 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 indication 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
evident that currency only facilitates
exchanges, and
never can make or cai|se them,
that we do not see how
any one can be deceiwd on the
point.
It may check
exchanges, and will check them
obviously, whenever any
doubt as to its convertible value
arises or is feared,
the measure of value; and
are now living under,
>t IS
we
of
of
-
all
removed
1881?
object
to
if
,
we
is
desire
to
which must
restore
the
acknowledged that the yield
of an average, and no
accounts are received qualifying in any manner the worst
of
It is universally
winter wheat
is
heavily short
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 onl}' the winter variety that
is
—
that spring wheat is generally
and affords a splendid promise,
variety is further removed from har-
affected
ia excellent condition,
though of course
this
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 gooi through that
agency,
but at
spring
least
the sections raising
because wheat are put upon an entirely different basis from
not that doubt the evil
and
?
We
changed.
Here are about
better, or connect
the higher values
be
first
activity
the
and the
the
roads
Xorthwestem roads
almost exclusively spring wheat, and thus these
carry
others,
traversing
those
difference
extends
to
sections.
will
Only grant that relief
and no one will barring accidents in the near
future
fare vastly better
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
gold orsilver bulhon at
their market price.
oul,
of
the misfortunes of these latter, the Northwestern
Wegreatly need roads may reap a
positive
advantage, since
the
short^e
.
JCNK
THE CHRONICLE.
80, 1888.]
certainly help to give the farmers on these
elsewhere will
and thus promote their
cereal
lines better prices for their
prosperity and purchasing power, not to speak of the etTect
upon the
of such a circumstance
may be
all
&
Chicago
It
WMh tnitnt Junt
Mr. Martin L. Sykes,
other crops, look well at present.
of the
of the roads.
tariff
arj. Adding that item to the above, we have the following,
which should indicate the total gain to the New York
Clearing House banks of gold and currency for the week
covered by the bank statement to be ieaued to- day.
Northwest, not only wheat, but
that in the
said
Northwestern, returned
week
this
to
York, after having traveled over 2,300 miles of that
road, going as far west as Pierre in Dakota, and he reports
that he was really surprised to find
were all
flax
prime condition out
greatly encouraged therefore.
feels
favorable was the
Spring wheat, com,
the cereals.
all
how
in
In the more middle latitudes, corn
oats,
and he naturally
there,
some
in
is
sections
reported to be rather backward, and the condition below
that of a year ago.
Ikink tfoldtng*.
instance, has
for
Illinois,
h aboT*
Total ROld and lesal t«nden....
The Bank
11.779.000
0,000,000
«Bti,oao
6,400,000
$7,779,000
W.7411.000
The following indicates
amount of bullion in the principal European banks
week and at the corresponding date last year.
return, gained 2,100,000 marks.
the
suffered
insects,
June
per cent at the same time last year, and in
Illinois the condition is
92 now, against 81 in 1884.
a material increase in the acreage, which of course
But apart
extent any loss in condition.
19, 1864.
00M.
Btlver.
aUntr.
A
Bank of France
Bank
of
M
28.240.106
25.152,627
45,707,390 43,259,392 41,630,262 40,569,219
7,697,000 23,091,000 7,949,750 23,849,250
the central
division 86 per cent against 90, but, on the other hand, in
June
13, 1885.
eold.
reported at only 84 per cent on the 1st of .June, against 98
is
400,000
|l.'m,00»
of
average condition in the northern section of the State was
There
I»u.
(;aln.
England reports a gain of £737, 11 7 bullion
This represents £211,000 received from
abroad and £526,117 from the interior. The Bank of
France increased 9,725,000 francs gold and 3,419,000
francs silver, and the Bank of Germany, since the last
and the cold, dry season has
interfered with planting and retarded growth, so that the
Southern
Gain. «l.4.17.000
for the week.
this
some damage from
NH Chant* in
OuCo/Amto.
Into Bunk*.
19, 1880,
Bank*' InUrior Morement,
New
appearance of
729
Germany
Total tills week
81,644,556 66,350,392 74,732,039 64,418.469
Total previoas week .... 80.493.207l«6,134,906 74,281,485 84,337,270
are as yet
The Assay Office paid $277,020 through the SubTreasury 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-
needed to overcome the drawbacks that now exist,
so that it is not impossible that an improved condition may
tom House.
to that
ofisets
from
only
that,
should be remembered that
it
is
be reported later on.
As respects
the prospect of that chief of
—the outlook for a heavy
the accounts continue
the Southern States, and
export staples
all
yield
most
is
much
very
The exchange market has been
last
we
—cotton
satisfactory,
and
better than a year ago.
firmer, as
we
week, but dull and otherwise without feature.
The
business about
per pound
sterling
below the posted figures, but even at these prices there is
only just about enough demand to keep rates from
Drawers of bills are indisposed to press their
declining.
as they look
offerings
close of
interest
for a better
inquiry toward the
month when remittances
the
will
be made for
V.8.
Nota.
eold.
tifleate*.
03
70
44
53
$27,000
120,000
117,000
214.000
95.000
53,000
$93,000
81,000
158,000
226,000
98,000
67,000
$2,111,665 02
$18,000
S741.000
$626,000
$723,000
17
18.
Total.
Bilter Oer-
Oerlifle't
$S4.000
56,000
225.000
186,000
87,000
103,000
8211,360
259,297
502,128
629,075
284.640
225,163
15.
16.
"
"
"
of—
Oold
$5,000
2,000
2,000
2,000
4,000
3,000
Junel2.
" 13.
"
anticipated
concessions from the nominal rates bring those for actual
three-fourths of a cent
Oontitting
Dutie*.
Dale.
13
10
TRE ANTHRACITE GOAL SITUATION AND
THE ALLOTMENT PLAN.
Complaints are again becoming general that the anthratrade is very dull, that buyers are holding off,
cite coal
and dividends due to foreign holders of American that consumption and demand are diminishing, that stocks
Buyers whose requirements are not urgent are accumulating, and that prices are low and tending
securities.
are apparently waiting for
regarded
made
decline,
which
is
the
The
lower.
situation is the
more
interesting because
the allotment plan arranged last January
month when drafts
movement of new cotton will out without change,
early next
inevitable
as
in anticipation of
a further
if
be carried
to
is
companies are about greatly to
the
Of course, there is room for
be more liberally offered.
Meanwhile the proceeds of
maturing and matured sterling are being drawn from some increase, since consumption is naturally much heavier
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
increase their production.
diflBcult to
quality
with our
demand
loan at
in
is
own
for
1
per cent.
Commercial paper of prime
request and interior banks are competing
in
the search for
Government bonds
for
desirable
names.
The
the investment of idle
balances continues unabated, and one feature has been
a further advance in the 3
statement,
made up from
per cents.
allotment plan provides
Some
us,
exhibits
see in
time,
an
tion
indication
to
failure,
We
imminent.
the receipts and shipments of gold and currency by the
managers
New York
such a conclusion
banks during the week.
Week ending June
19, 188B.
Received by
Shipped by
S. r. Bank). N. Y. Banke.
CnmnoT.
»1 .779.000
t3l2,000
yet Interior
MoverMntt
Qaln... (1,437.000
Sold
this
situation,
combined with the gen-
eral industrial prostration so conspicuous at the present
The following doomed
returns collected by
a question yet to be deter-
for, is
mined.
of
the
cannot
companies
collapse
.
of
scheme
allotment
the
that
and a
course
may
is
the
combina-
tell
what the
do, but
of
decide
to
we should say does not necessarily follow from the conditions given. The companies have thus
far worked together harmoniously, and this during the
most trying period, namely when production was rigidly
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 faithrestricted
Total gold and lesal t«ndera..
The above shows
tl.TT«,000
1342,000
Qaln. .11.437.000
the actual changes in the bank holdings
by this movement to and from
In addition to that movement, the banks have
What
reason
there
of gold and currency caused
fully lived
the interior.
for thinking that in the period of heavier production
now
entered upon, the same unity of action and purpose
will
lost
$400,000 through the operations of the Sub-Treas-
up
to its requirements.
is
.
THE CHRONICLK
7i50
does not
that the condition of trade
companies
the
cannot
warrant mining the full allotment,
required? Their arrange^jree to reduce the limit as
cast-iron one, and its
not, as we understand it, a
Admit
not prevail?
ment
is
no means dependent
operation and smooth working are by
tonnage.
fixed
certain
a
of
upon the production
The most
point that a pool or combination has
not the total amount of the tonnage—
must be left to determine—but the
now
low, that
is
that natural conditions
total, whatever
proportion that each road shall have of this
among the
percentages
Now, this matter of
it may be.
to the
apparently
year,
coal roads was fixed early in the
of
evidences
no
been
have
there
and
satisfaction of
all,
discontent, so that
may be assumed
it
that
there
is
there
an increase of about 105,000 tons,
is
but that nevertheless they are 333,000 tons smaller than a
year ago, and smaller than at any other date in the period
covered by our
except the two months mentioned.
table,
regards the amount mined, this has been considera-
As
— over 900, 000 tons forth©
—and the production during the two months
bly smaller than a year ago
five
months
difficult
to grapple with,
[Vol. XL.
less
last
much from
has not differed
the earlier months
allotment, though
the
ran ahead, the increased
it
account of the cold weather being the cause.
the allotment
itself,
we
in
demand on
Concerning
against 1,500,000 tons ia
see that
January and February, 1,800,000 in March, 2,400,000 in
April and May, the amount is now up to 2,500,000 in
no June, will reach 2,800,000 tons in July, and after that 3^
To be sure, the Pennlikelihood of trouble on that score.
has
sylvania Railroad, working outside of the combination,
millions per
month almost
to the close of the year.
the increase in the later months
may seem very
While
heavy,
it
be observed by the column of actual production for
not only exceeded its
that in that year the amount mined ran up from less
1884.
the
in
a
factor
last year; still, this will be much less of
tons in the earlier months to 3,552,411 tons
than
1,900,000
been
has
it
than
production
subsequent months of heavy
though
after that it again fell ofi.
in
August,
The allothave
combination
of
the
managers
up till now, and as the
allowance, but also its production of
not as yet allowed the Pennsylvania to disturb their action,
likely
it is hardly permissible to suggest that road as a
continued
obstacle
to
remains,
therefore,
amount
harmony
in
the future.
only the question
of the allotment,
There
reducing the
of
and here, as the roads have noth-
ing to gain by overstocking the market,
suppose that the dictates of
common
it is
reasonable to
sense will be allowed
will
ment for
year fixes the amount at 3^ millions for four
in the present condition of
this
consecutive months, which
must certainly be deemed too
business
This will
large.
appear the more evident when we remember that the
allotment iu these months will
be increased by whatever
portion of the extra million shall be
As our
mined
in this period.
readers know, after 30 millions had been determined
on as the product for the year, a further million was added
(but not to beput out in May or the months preceding), "with
the view," as stated, " of recovering the market for steam
manufacturmg purposes from bituminous coal."
notified its contractors that in view of the dullness of the " and
imthracite trade it would this month (June) reduce its pro- Hence the amount for the year would be 3 1 millions, and
duction from the amount allotted it to the actual demand. to this must be added the excess of production by the
The feature of the week that gives point to these Pennsylvania Riilroad above the amount allowed it, which
remarks is the publication of Mr. John H. Jones' state- excess for the five months thus far reaches 500,000 tons,
to prevail.
Indeed, as an
evidence of this we had the
announcement by Kiernan a few days ago that the Pennsylvania Coal Company (not the railroad company) had
inent,
showing the production of anthracite during May and for the fall year will reach considerably more, as the
first five months of the year.
These figures, when 1884 production of the road (without any increase in 1885)
and the
taken in connection with similar figures for other months,
alone gives an
and compared with the amounts provided for by the
allotment plan, can be made to throw much light upon the
present position of aHairs, and will also help us to interpret and understand the situation as presented to the
managers of the combination. "We have accordingly pre-
unless
pared the following Uble, giving the actual production of
anthracite for each month of 1884 and 1885, the amount
year will have to be rearranged on
to be mined by
figures of production for each company separately, with the
purpose of seeing which have gained and which have lost,
months in the latter year according to the
allotment plan, and the stock at tidewater shippmg points
at the end of each month of the last two years.
769,287
excess of
Consequently,
tons.
some change is made in the programme, the production of 1885, though up to Miy 918,783 tons below 1884,
for the fall year mount to nearly 32 million tons,
whereas in 1884 only 30,718,293 tons were mined all told.
will
Evidently, therefore, the allotment for the last half of the
Another point of
interest
is
a. lower basis.
found in the study of the
and how much, and how the production
in each case
com-
The following are
To get the allotment we have
pares with the allotment in that case.
AOM-
JuoMT
ton*.
IJOOOjom
figures prepared to this end.
Actual
Stock end
Pnduct'n. of 31onth
l,a«l.80S
Produc-
Stock end
tion.
0/ Month.
1,890,578
used the percentages published
IMrurjr
lUnta
1,800,000
1.767.707
685,595
1,802,686
632,041
1.800,000
«,025,790
r:
588,229
8,336,«84
431,124
4S0.S64
1,881.462
8,400,000
t.400,000
2,828,809
858.450
IFint Five Motitlu to,
8,4S«,76(
(25,641
Mav3\,
•S,SO<>.000
iHT..
'3,800.000
*3,SS0.000
•8,980.000
OetobOT
Rnrtmlwr..
•8,*S0,000
B«omb«r..
Si 100,000
•8,290.000
Total
>80,000,0ob|
2,628,142
868.837
2.020,179
704,838
2,602.614
672,287
8,552,411
885,715
PhU.
2,677,881
885,591
I,ehish
A
Read.... tons.
VaUey
3,063,435
781,810
Del. Lack.
8,031,0!J4
712.392
Del.
2,630,737
874.881
S0,718,2U3
&
West...
the stocks on
hand
(visible only of
We
Produc-
& Hudson
—
Pennsylvania RR
PennsylTanla Coal
Brie
in every
Below
AUoiment.
8,792,346 Ex.
62,746!
1,884,638 Ex.
3,038
1,540,800
1,635,3 6 Def.
6,495'
1,056,000
1,065,652 DtJ.
448j
1,267,881 Ex. 499,851
708,000
462.03* Det.
213,762 Ex.
480,000
. .
1U,000
9.600.000
it is
ProAtu- Increeue or
Excess Over tion same Decrease in',
or Deflcii
Period in Production
3,729,600
1,381,600
1884.
1885.
3.998,842 Dm. 206,407
2.204,508 Dei. 319,960
l,8B6.830[i3«. 381,325
l,215,839|i)«c. 160,387
100,143
UK. 44,108
140,412Ine. 73,350
1, 167,512j Jnc.
606,140
17,968
68,782;
10.211,200 Ex. 611,290
in
;
11,130.073! Dec. 918,788
evident that with the exception o£ the Penn-
sylvania Railroad and
to
course) some interesting
facts are disclosed by this
record
for a year and a half.
The increase in the stocks during
*Uy, of which so much has
been made, turns out to posmuch less significance than generally
supposed.
find that in March
and AprU stocks had run down
very
•«
AUotmtnt.
tion.
Total.
first
January.
1885.
Thus
Referring
last
837,987
instance
the Erie, production and allotment
agree very closely.
There
is
a total
excess of 611,290 tons, but of this 569,416 tons are on the
Pennsylvania and Erie, the Pennsylvania having 499,654
tons of
vania
is
it.
not.
The Erie
is
in
the combination, the Pennsyl-
Oatside of these two the changes are so
small and unimportant as to require no notice.
But how
—
—
JlNB
aO,
THE CHRONICLE.
18M.1
731
Lave llie companies been affected by living up to the Philadelphia &: itcading, profitable, iind to this end the
agreement ? This ia shown by comparing their present traffic of these roads must bo increased and enlarged ia
output with that for the corresponding period of 1 884. every possible way. It ia just this, and nothing more,
And here we find some very heavy losses indeed. The that Mr. Vanderbilt is engaged in doing. The PhiladelLackawanna has had to reduce 3Cl,3Jri tons (its tonnage phia & Uea<iing has long been anxious to form a through
a year ago), the Lehigh Valley
Reading 206,497 tons,' the Delaware &
Hudson 100,387 tons, and the Pennsylvania Coal Company 4J,10G tons. The Pennsylvania and the Erie are the
only ones that run ahead of 1884, the former 100,142 tons,
being that much
less tlian
3 in,9(i0 tons, the
and the
latter 73,350 tons.
We may sum
up the
by
situation, then,
saying, (1) that
route to the West, so as to get a Western market for its
But
anthracite coal.
and west of that
used,
it
is
own lines end at llarriiburg,
though the Pennsylvania might be
its
point,
not available.
The building
Shore Pine Creek
k,
connection with
New York
of the
Buffalo, a couple of years
Central),
Jersey
ago, (to a
was intended to
more
solve the difficulty in a measure, but that road serves
as a northern outlet than a western.
So Harrisburg still
Pennsylvania Railroad, has been close to a million tons remains practically the Western terminus of the Reading
(>n 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
the output thus
far,
notwithstanding an increase on the
;
panies in the combination have closely observed the com-
when
bination plan even during the period
it
east than Pittsburg.
To be
sure, the
outlet to the seaboard over the
must prove natural
Lake Shore has its
New York Cent-
most irksome; (4) that the allotment for succeeding ral, but still another, and that through the anthracite coal
months is undoubtedly too high, and will have to be fields, could not fail to bring great additional benefits.
reduced; and (5) that neither such reduction, nor the The situation, then, was this the Lake Shore, in whose
operation oE the Pennsylvania outside of the combination, interest the Pittsburg & Lake Erie (to Pittsburg) Is
BhouM cause a disruption of the same, (the troublesome controlled, wanted to go further east the Reading wanted
question of percentages not being any issue) unless indeed to go west from Harrisburg. What more natural than
what is always possible it should suit the purposes of to fill in the gap ? And that gives us the idea that sugThe road is
gested the South Pennsylvania project.
managers, for speculative ends, to force such rupture.
nothing more than a line between Harrisburg and Pittsburg, or, as it is sometimes defined, a line from the SusTBE SOUTH PENNSYLVANIA ENTERPRISE. quehanna River to the Youghiogheny River.
:
;
—
—
—
The
It will thus be seen that the road does not in itself conThere is stitute a through route. It is simply a link in such a route
mountains to be the Jersey Cenraland Reading are to be used at one end,
much difficult
and the Lake Shore and the Pittsburg k Lake Erie at the
pierced, with several tunnels a mile or more in length
and even if the sanguine expectations of the promoters of other. Of course a new competitor for through traffic is
the enterprise shall be realized, the Ime will not be in in this manner introduced, but the initial lines that make
operation before July 1, 188G, 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,
public
is
suddenly taking a great deal of interest in
JMr. ^'ande^bilt'8
South Pennsylvania
work on the road
project.
—
settlement of the trunk-line problem, and dire predictions
of evil to follow are heard
on every
It
side.
is
declared
by pooling arrange-
that the Pennsylvania will not abide
developing a local
traffic,
that respect at least
so that in
new element of competition. In contrathis, the West Shore and Nickel Plate were
they introduce no
distinction to
new from one end
—
an additional
York. The South
of that description.
And as if this prospective trouble Pennsylvania does not build into either place it simply
about the through business were not enough, we are told utilizes existing roads. From this it follows that the road
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
ments
until this matter is disposed of, albeit the
vania has heretofore been the last to break
its
Pennsyl-
agreements
way to be deprived of its chief sustenance. The
Lake Shore has had its Nickel-Plate, the New York Central its West Shore, and now the Pennsylvania is to have
this
its
South Pennsylvania
"to make the most of
Now, what
—and
of course the disposition
is
it."
wholly
railroad both into
line
parallel
;
in
to the
Chicago and
other
New
—
the offensive way, however, that thess
designations have becomeknown,
it is
neither.
But the most important difference is yet to be pointed
out.
The motive prompting the construction of the road
being so unlike that in the other cases, one would natur-
South Pennsylvania 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.
And what is the motive governing the what we do find. The West Shore and Nickel-Plate were
to the seaboard ?
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.
is
this
'i
—
that are
now
incomplete
line of traffic, or
traffic
is
to
this latter point all
that the road
is
may
in
will
view
agree,
not being built to
maintained that the purpose
It
or have
sell,
and legitimate object
is
and
vitally interested, in
se.
making
Ihq Lake Shore, in the Pittsburg
also
the struggle
that 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
Xor can
ic
be
to injure the Pennsylvania.
nothing for the Pennsylvania, per
ested,
they could get was some of that in
think, in saying
sell.
be safely assumed that Mr.
traffic
the promoters a
In a word,
?
we
the only
possession of those, and thus
been precipitated between the Central and the West
Shore.
The South Pennsylvania, on the other hand, has
very profitable.
lines find
the road being built
On
new Thus
simply to secure a division of present
which other
definite
Is the object to develop a
?
\'anderbilt carea
But he
is
inter-
his investments in
& Lake
Erie,
that
is,
it
can get the
traffic
afforded by local industries
along the line of the road, and which
the road will de-
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
velop.
and the by
that
means we get an idea
of its course.
Beginning at
.
:
:
THE CHRONICLE.
732
H»rri8burg the road runs to
the rennsylvania Railroad
thence
;
runs through a
it
Bedford,
facilities, till
section unsupplied with railroad
point with
common
a
Carlisle,
m
is reached, where one
the southern part of Pennsylvania,
thence the road procrossed
is
lines
of the Pennsylvania
;
counties,
ceeds west through Somerset and Westmoreland
of the Baltimore &
branch
first
a
crossing
Pittsburg,
to
The road
Ohio, and then a branch of the Pennsylvania.
Harrisburg
between
is more direct than the Pennsylvania
[Vol. XL.
[From oar own correspond dnt.l
London, Saturday, June 6, 1885.
This has been a very quiet week. Business remains limited
in all 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 stili dull. The wool
Of sales have opened fairly well, especially for cross-bred descripand Pittsburg, and therefore forms a shorter route.
tions, which have realized an advance of about J^d. per pound.
Pennsylvania
the
with
competition
necessity it comes into
The general tendency of trade is certainly less gloomy, but it
averan
on
say,
should
we
runs,
at certain points, but it
has yet to be decided whether we have entered upon a period
that
age about thirty miles or so below the main line of
of permanent revival or whether it is merely a slight spasm
yet tra- which may easily pass away without leaving any distinct
r«kd, and it opens up in many places districts not
trace of prosperity. The question is, have we really secured
versed by railroad lines,
the first a return of confidence? Until that happy event has taken
i ; Hence the South Pennsylvania is being built in
place no real improvement can be looked for. In spite, howplace in a legitimate way, and with a reasonable object in
ever, of somewhat more encouraging symptoms, it would be
route,
through
not
a
In the second place, it forms,
view.
but merely a link necessary to
completion
its
provides
it
;
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,
it, and consequently it
but at a respectable distance below
has in a sense a certain section of country to itself. There
seems no reason why the South Pennsylvania shoulJ not
up a good independent
build
the southern part of
traffic in
Pennsylvania, simply because the Pennsylvania
north of
made
should have
New York
lies
New York
any more than that the
it,
to the
Central
that impossible in the southern part of
in the case of the Erie.
From what has been said, therefore, it will be
we anticipate no such trouble from the South
vania as has followed from the West Shore.
seen that
Pennsyl-
It is differ-
ently situated, and has been built with a different idea in
view.
take
it,
The Pennsylvania and^the South Pennsylvania, we
can co exist. The West Shore and the New York
Central cannot, except through the absorption of one by the
other. Itisalifeanddeathstruggle with them.
Pennsylvania will lose some
ly the
ing of the South Pennsylvania,
traffic
and
Undoubted-
through the build-
their interests
will
number of ways, but there will be no such bar
harmony as exists in the West Shore-Central case.
clash in a
to
Louisville & Nashville.— In our article on Railroad Earnings last week, the mileage of this road was given the same
tUa year as last, namely, 2,065 miles.
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,
We
from
Montgomery
to Selma,
having been discontinued.
This in
part at least accounts for the decrease in the
earnings.
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 becomg 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 1^ to -'^ per cent and short loans are quoted at 1 per
cent.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
the price of middling upland cotton and wheat, and the Bankers
Clearing House return, compared with the three previous
years
1885.
188".
1884.
Lnroalatlonexelndini;
i
M
7 (lay & other bills. 24,930.2 10 25.673,705
Public deposits
7.1.30.970
8,891,131
Other deposits
28,081,-126 22,137,139
Qovermii'tsecuritles. 1-1,343.001 12,501,919
1882.
*
a
2i,6l3.3ir,
7.723,«2i
22,703,78 >
13,S31.92i
23,467.703
10,943,667
25 939,675
6.i5«,92l
23,298.332
1:^.774.159
20.77.5,435
Other securities
20800.2.i6
Etes'veofnotes&ooin 17,891,809
21,737,571
14.583,758
Coin and bullion in
both departments.. 27,072,019
ftoport'n of reserve
21,507,463 20,826,982
23,141,908
3534 p. c.
4 p. c.
lOOSsxd.
4314P.O.
50ol
te liabilities
Bank rate
Consols
Bus;,
p. c.
p. o.
2
99»4td.
wheat, av. price
31s. lid.
5l'iod.
9l4d.
4«?i p. c.
219 p. 0.
lOOxd.
37s. 7d.
43s. 5d.
5'4d.
12.902,233
3
p. 0.
100»Bx:d.
47s. 7d.
6i8d.
5i5i,d.
Mid. Upland cotton..
So. 40 mule twist
9''8d.
lOd.
lOHd.
ClearlnB-Houseret'n. 117,446,000 122,052,000 107,085,000 100,780,000
&
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MXOBANeS AT LOHDOS-Junr.
MXOBANaX oy LONDON.
,>.
On—
nmt.
Anuterdaio
AinHt«r(latu
ierlln
......
makfort...
BaU.
Smoa. 12 2''a
Sight. 121
3mo«. 20-36
20 36
Vlenok.
»12-3%
012-2
»20-.i9
92060
2038 92060
Latetl
Datt.
RaU.
June
June
Short.
12 08
Jiiuo
Jiiuo
Sii'ort.
20-43
20-40
20-45
12-43
25-28
25-20
June
12-55 312-60
.Tuiio
2S'43^32.S'44% June
Short. 23-l7Hia'.'.5-22is June
fcrtu
3mo«.
June
Bt. Pet«r»bV
24 a24lin
Juuo
-««Dn».
23-51i4a25-l5«i4 June
aplra
June
iband
46
June
QuUi
46
346>d
Juue
LhlMHI
J me
51«i«»521,e
AlexsQilrlk.
Judo
Ointtant'ple
June
J«w York... 60 day*
June
Antwerp.
...
PBn»
vMH
pnih«r ....dem'ntf
Oileutu....
Houff Kon*.
}»•
7'l«<I.
1* 7ll5.
„.
^me.
June
June
June
June
5
5 Checks
5
5
3 Short.
5
5 3 mos.
5
46-9 U
S
5 60 day
I'
5 tel. tsfs
5
5 4mos.
5
cutta.
Mexican dollars have not been dealt In since our last, .and the quotation remains nominal. The Parramatta, sailing to-day, tak.;s £26,040
to China and the Straits.
Tenders for £3,171,000 treasury bills were received at the
of England, and the whole amount was allotted in three
months bills, tenders at £99 15s. 5i. receiving about 68 per
cent; above, in full. The average rate was 158. 8d. per cent.
The bills maturing were placed in March last at an average of
Bank
5
5 3 moe.
Messrs. Pixley
Abell report as follows on the state of the
bullion market
Gold has been slightly inquired for. aud £15.000 goes by the P. A O.
steamer to Bombay, while tiie Orion has taken £"i0,000 1q sovereigns to
Buenos Ayies. The Bank has sold durin;? the week £100.00i>. .-vud has
received £95,000. The Aconcagua bi-cmRht £l'i,OM from Chile, the
Sesostrls £30.000, the Trent £17,000 from River Plate— total, £69,000.
The Sydney, from Melbourne, is reported at MaraelUes with £250,000
on board.
Silver again gave way after our last, and some amounts wpro sold at
the end of the week at '19 led.; subsequently, pending the weekly sales
by the India Council, only 49d. was obtainable, and ro-d.ay. with harder
ratefi. we quote 49ii«d. to 49m.
The Em-i, from New York, brought
about £10,000; the Aconcagua, from Chile, ab(mt £')5,000, and the
Roslin Castle, from Cape, almiit £10.000, chiefly lu coin— total. £7.j,000.
Tlie Surat takes £64,500 to Bombay and the Chusan £42,600 to Cal-
110-87
4'8«'s
Is. e'srt.
Is. 6293JI1.
38. 6^1(1.
4g. 10 lid.
(£3U.
The
9d. p. c.
New Zealand
loan for £1,500,000 has proved to be a great
£6,800,000, at prices
The applications amounted to
varying from the minimum of Q7% V- c-
success.
to
^^^
^^s, 6d, p.
c
—
iJnm
.
.
:
THE CHRONICLE.
20, 1885.]
TenderB at £100
.
Od.
!)h,
receive about 34
will
of the
c.
p,
applied for, and thiwe above tliat price In full. The
avoraKP price obtained for the stock was £100 Os. 'Jd. p. o.
Tenders are also invited for two other New Zualnnd iuueti,
namely, £100,000 4 p. c. debentures of the Oreyiuouth Harbor
fioard, the minimum j)rice being 9.") p. c, and £150,000 4 p. c.
amount
debentures of the Wcstport llartor Board, at a
85 p. c.
minimum
of
733
should he verified it is quite powible that later In the MMon a
higher level of price* may be instituted, more particularly
our own crop, owing to the reduced acreage under cultivation,
cannot l>e a large one. The quantity of wheat and flour afloat
to the United Kingdom is now estimated at8,024,00U quarters,
against 2,095,000 (|uarters last year.
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the thirtynine wo(>k8 of the season, the salea of home-grown produce,
the average prices realized, and other items, compared with
last season
mPOKTS.
isRj-s.
i«s3-«.
1M2-3.
nni-a.
Wheat
OWt. 38.909,183 38,769,719 48,749,689 44,3tA,603
u
The Poard of Trade returns issued to-day for May and the
Both imports and
months are afcnin di!<ap{>ointing.
exports show a further falling off, and it is clear that trade
Barltfy
13,350.137 12,423,930 13,600,276 10,708,968
during the past month has been far from brisk. The defic- Oata
0.298,215
8,(100,9^3 10,926,268 10,862,103
1,45.\469
1,345,494
1,668,484
l,4ftO,2S2
iency in the imports for the month has been £1,542,751 and Peaa
Beans
2,489,06'4
1,92.'J,938
2,014,449
l,3.^2,&77
for the five months £7,059,322. In the exports the loss is Indian oom
10,327,564 10,803,368 15,43«,124 16,420,865
13,167,985 11,434,700 13,182,385
7,085.687
£3,712,221 for May and £10,291,200 for the five months. As Flour
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 £3,129,544 for the month and £3,925,027 for the
1884-5,
1883-4.
1882-3.
five
1881-3.
five
months.
The imports into and exports from the United Kingdom
during May and the five months were:
—
-Rrport* nrilish
Tolal IiMjiorla.
itay.
5 ilimllin.
;
Iri»/i
May.
'^Eriyorts Foreign
i«
3.
1883
18»t
1885
3fl.2i7,443
180,855.419
S,
1(>.4gO.BA9
On.Kil.lMlS
3.9,83,000
24.851.000
0.3»3.«4a
4.a»1.0BS
lil.BM.aW
^<^I.1!UI,1I4
I(!1I.90N.>KW
lU.857.;i.S8
»I(,II7J.I)«9
8l.C58.363
18a.8l)8,«l7
17.145.117
S(l,««),7««
The foUowmg are some
it
Colonial .Mer'ilse.~
May. 5 Monlht.
rnxlucla.—.
5 Months.
27.1«0..HO7
of the leading items of imports
Importaof wheat.owt.38,UO»,183 38,765,710 48,740,680 41,340,603
Imports or flour
13,167,085 11.434.709 l:<,182,385
7.085,587
Sales of bome-Ktown.. 34,121.371 33,778,810 35,73.),800 28.631.500
86,198,539
Total
The
and
1884-85.
1884.
5 months...
All coiiDtries-MajSiiiODtUs
1883.
Cwls.
Cifta
Cwts.
9.52.287
6,2!t],850
Cotton.
From United Statea-May
447.773
5,759,437
944.789
8,180,968
I,:i03,2:.5
8,280,143
Salet.
5,046,239
765,012
6,915,553
5 moutlis
0,523,349
1,514.507
ports— Mil}Siuonths
All countries— May
Siuonths
Pacific
6,926,2<!G
5,806.633
24,635,270
Wheat, qrs
878,7!>9
5,703,053
1,493,597
7.021.419
5,732,470
22,662,470
991,566
4,400,220
1,342.420
1,295,.59B
6,290,804
5 months
7,870,517
EXPO'lIS TO UNITED STATES.
1884.
1883.
Xards.
Yards.
4,070,000
Cotton piece goods -May
3,311,600
5 months... 27,364,50!) 25,975,800
3.18i;,900
Linen piece goods— May
4,010,000
5 months
35,340,000 33,581,400
264,300
Woolen f abrlcs- May
101,800
2,308,600
2,280,300
5 montbs
2,356,100
Worsted fabrics— May
1,547,100
5 months.
12,737,400 16,258,000
857,296
5,701,963
5 mouths
All countries-May
The movements
in the precious metals
To and from aU Countrlea.
2,378,832 34
2,918,581 31
265,885 20
1,535,040
6.323,528
1,888.975
8,048,029
have been as follows
To and from United
Statet.
1884-5.
OWt. 31,121,371
Wheat
d.
7
2
s.
d.
1883-4.
33,778.819
1884.
j
188S.
1883.
1864.
totals for the
1882-3.
1881-2.
35,735,800
28,631.50
Ensllsb Financial Iflarketa— Per Cable.
daily closing quotations for securities, &c., at London
are reported bv cable as follows for the week ending June 19:
The
London.
188,5.
lords.
3.123,600
23,«32,80O
3,750,H00
30,058,600
153,000
1,865,800
1,979,900
12,994,000
:
33 10 2,056.748 41
2 3.04 0.795 32
1,939,732 33
4 330,6.J1)20
246.608 21
d.
1 2,.356,127
Silver,
per oz
Sat.
d.
Mon.
Tues.
m.
Thuri.
Wed.
493ig
493i,
99«« 99lt,e
99li6
Consols formoney..
997,,
999,„
9911,6
Oonsols for account..
999,g
991a
81 -7213 81-40
Pr'oh rentes (In Paris) fr 82-27 la 82-45
115S8
II51I8
lloJ»
I1519
U. 8. 4148 of 1891
X12538 12538 12a »8 125»9
U. 8. 4s of 1907
4OI4
40
40\
40^
Canadian Pacific
69 '4
7078
7078
68=8
Chlo. Mil. .SiSt. Paul.
978
1038
10
10
Erie, common stook
12838 127%
[lUnols Central
1261a
1263t
49
49
49 k
Pennsylvania
491a
7i«
718
6%
Philadelphia A Reading
6\
86I4
86ii8
871*
86 7^
Hew York Central.
49:<i8
'
493,8
493,g
9911,, 997,8
991 '16 99M8
81-36 81-55
115:<8
115°s
1253g
41
701a
IOI4
12818
49 1«
125!>8
405r
70 -a
lOlfl
1271a
4918
1
1
1883.
i^
Sales.
Pruse
Converting quarters of wheat into cwts., the
whole kingdom are estimated as follows:
Flour.
Unltea States-May
ISt82-83.
Av'ge
8ale$.
PrUe
t.
Oats
1,661,656
5,457,140
938,643
5,099,922
4,015,168
17,019,421
l,S89,16.i
1883-84.
At'ge
31)0.931
W/ieot.
United States— All. ports— May.
80,063,690
oats in
thirty-nine weeks of the season, together with thts average
prices realized, compared with the previous season, are shown
in the following statement:
exports:
IMPORTS.
ls83.
97,6u7,874
83,979,247
home-grown wheat, barley and
the leading markets of England and Wales during the
e.xtent of the sales of
7i«
86'8
7i«
I
88>3
1885.
I
£
Imports In May...
lio 5 months...
Exports in .May*..
Do 3 months...
B1M..'594
2,10S,«;H
aW.SBQ
2.»14.31i4
1.507.667' 2.177.084
7.060.B72' 5.494.548
I.5S8.528'
268.8»7
5,220,630
£
400
1.192
2,033,701
SILVJCR.
854.245'
420.417'
806.909
Imports In May....!
Do 5 months....: 3.985.8461 4.216,038 3.971.559
(•2s.(l«5! 1.163.918
Exports in Mhv....
522.567
Do 5 months....! 3,693.585i 4.380.0421 4.605,945
1.0S5.8.'5;
5,013.646
leo.ooj
100,739
162.262
lOe.OS.'i
l,228,l»l
1,074.903
849.407
855.285
'30,160
319,034
1.226.010
I
48,860
8.0021
A week of
favorable weather for the crops has had a good
Warm sunshine has alternated with
eflfect upon vegetation.
refreshing rains and the growth of the crops has been stimu-
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
lated.
f ovorable and settled for the harvest to be otherwise than late.
The grain trade remains much in the same position it occupied a week ago.
Business has throughout been of an
extremely moderate character, purchases being mostly from
©ommcvctal ana pUscellauecrtis f^Leurs
Imports and Exports for the Week. — The imports of last
week, compared with those of the preceding week, show an
and a decrease in general merchandise.
The total imports were $7,002,832, against |7,075,787 the preceding week and $6,340,334 two weeks previous. The exports
for the week ended June 16 amounted to $6,040,368, against
increase in dry goods
$6,058,749 last week and $5,436,259 two weeks previous. The
folio-wing are the imports at New York for the week ending
(for dry goods) Jane 11 and for the week ending (for general
merchandise) June 13 also totals since the beginning of the
flrst week in January:
;
rOBBIOH IMPOB-rS AT
For Week.
Dry Goods
Qen'lmer'dise.
Total
Since Jan.
1.
MBW TOHK.
1882.
1883.
$1,879,118
9,038,976
SI, 409,610
¥10,918,124
1884.
1885.
9,020,669
$1,697,280
6,326,113
$1,197,676
5.805.146
$10,430,279
$8,023,423
$7,002,822
hand-to-mouth. Values have ruled weak. Wheat may be Dry Goods
$63,251,229 $56,979,113 S55,154,o9.T $45,309,815
174,862,887 164,077,885 152.076,804 1-29.207,748
written 6d. to Is. per qr. lower where sales were pressed, but Gen'l mer'dise.
an actual decline was not general. The firmer tone reported Total 24 weeks. »238.114,1 16, $211,058,998 $207.231, 199|$174,517,563
from Xew York no doubt had something to do with checking
In our report of the dry goods trade will be found the im the heaviness here, but there was no real life in the trade. ports of dry goods for one week later.
is a statement of the exports (exclusive of
Statistics have rather favored prices this week.
A falling off The foUovsring
specie) from the port of New York to foreign ports for the
is reported in the American visible supply, and shipments to us
week ending Juno 16, 1885, and from January 1 to date:
have also been materially contracted from what they were in
BXrOB-rs FBOHf HBW TOSK FOB TRB WBKK..
the preceding week. The quantity of wheat and flour on pas-sage
1884.
1882.
1883.
1885.
to us has at the same time been reduced, although it still
6,380,200
$7,031,879
$7,153,823
$8,040,368
For the week...
remains very considerably in excess of what it was last year. Fi-ev.
140.367,151 157,145,209 131,851,272 146,831,172
reporte<l..
Had there, therefore, been any disposition to buy, values might
$164,299,032 4138.213,472 J152.921.540
weeks.
Total
21
J147,402,030
have been expected to have Ijeen maintained: butas it wa-s business was much circumscribed, and at Mark Lane was especially
The following table shows the exports and imports of specie
influenced by the Epsom races, which gave the markets at times at the port of New York for the week ending Juno 13, and
^uite a holiday appearance. Reports which reach us respect- since January 1, 18S5, and for the corresponding per'o is in
ing the American crops are disappointing, and if the reports 1884 and 1883:
J
.
THE CHRONICLE.
73i
ImporU.
Xtporl*.
aoU.
,SineeJan.'i.
Week.
PnnM
321596
WMtlDdlW
Maxloo
BooMi ADierlctt
5,4'.^e,112
10,670
640,7.i5
l,f.9S
153',625
5.3 j5
22,702
199,270
63.207
tl7.623
55,342.040
3,867,702
213,210
30.000
11 other ooiuitrlM.
S39,69fi f6.129.fil6
(0.2401 37,«l".329
T*Ul 1889...
Total 188«...
TotAl 1883...
8.053
26,943
217,190
40.4-lu|
Silrtr.
1,412,991
3,003.055
9,562
63.001
..-
0«rniuir
«
$264,300
»T,50v)
OrMt Britain
FnnoA
G«rm»ii'
Went iD'llea
Mozioo
floatb AuKTie*
t342,432: «7,504,616
6.347,524
251,226
6,3.V2,021
62,430|
Tot«l 188S..
Total ISSt.c
Total 1883.
219,987
181,199
372.167
5,508
30,lfi3
2,486
1,650
6,235
400,124
3,6uOi
other countries .
4,6iOJ,127
S24,332
76
(308.900. 16,535,728
2s5,9JO
28.285
78,908
1,6471
191,631
0rMkt Britain
SineeJan.l.
Week.
[Vol. XL.
will run twenty .years and will bear either3'63 or 4
per cent interest in gold, as the purchasers may elect in their
These bonds are issued to pay the old debt due the St.
bids.
Louis Gaslight Co., and are the best bonds the city can issue,
choice bond is
except for renewals of bonds falling due.
thus offered to investors. See advertisement.
The bonds
or »P»CIB AT HBW YORK.
XroBM AKO UtKHIM
U
.
}3t,299
J803,269
6v!,678
1.837,974
1.998.360
26..'i71
A
—
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
stated in the advertisement on another page. This is an
exceptional lot of bonds, and proposals .will be received at
the Treasurer "s office till July 7,
—
The Secretary of the Guarantee Company of North America
(incorporated and having the h'^ad ofKoe in Canada) suggests
that his company could prosecute absconding bank officers in
Canada, if such officials were insured by his compan.y. He says
they could effect an arrest on a warrant obtained in a civil suit
brought against them for debt by the company as his injured
surety.
And a debtor's jail is not much pleasanter than that
for criminals, while quite as difficult to get released from,
—
number
a large
It is said that
Union National Bank
of the
were shareholders do not approve the proposition that the bank
Of the above imports for the week in 1885, !(;11, 619
American gold coin and |1.5,1«1 American silver com. Of the should go into liquidation, and when it comes to a vote the
eiportBdurinKthesametime.fiO, 000 were American gold com project mav be defeated. Those opposing liquidation express
themselves satisfied with the bank's business and the returns
and $34,800 American silver coin.
they are receiving in the way of dividends.
In the past
FoREios Trade of New Yokk— Monthly St.4.teiient.— In twenty years the shareholders have received the sum of
addition to Ihi- foregoing tables, made up from weekly returns, §5,898,000, and the capital has been reduced f;300,000; and those
we give the following figures for the full montlis, also issued opposing liquidation can see no reason why the future should
by our New York Custom House. The first statement covers not be as prosperous as the past,
total imiKirts of mercliandise.
the
IHPOBTS ISTO
Ooo4$.
I
i
188S.
18S4.
OfTifral
General
JlcnhandiM.
Total.
10,*af».800
I7.nH.S08
K>
dlae.
Tas
u»r...
iMOl.855
1
»,7(lS,20:il
1.">S.S!0.3!I3
I
EXl-UatS
»
»
I
18,Be9,S90 26.898.814 39.007,701
11.305.8241 28,170,2,161 39,573.030
11,31I),42.<1 31.3«l,00l; 42,713,480
2R.4.^",0O8,
"
'-.n-so!
Mareli
April.
Tot«l..:
Total.
Mcrchan-
Goodi.
I
Jniwry....l
retirurr ..•
—
The firm of P. W. Gallaudet & Co, was organized in 1857
and has had an uninterrupted and successful career for nearly
thirty year^i. Besides being one of the most promini nt dealers in commercial paper, they buy and sell on commission
slocks, bonds and all investment securities dealt in at the NewYork Stock Exchange. Their business card will be found in
the Chronicle.
NEW YORK.
25,75il,'ra5l 35,53;.03-*
6,751,4l'3f 32.;i0,823; S8,471.aj9
1
61 ,S«S.74S' 144.444.839 10H.31«.3,87
FROM KEW YOBK.
CUSTOMS RECEIPTS.
aiontlit.
1885.
t
Janmirr
Februarj
March
23,715,45oj *J.53il,880,
April.
as.lifl'.wa
1.718,15)1 21,702.783
Jannary.,
February
»I,18'7,314' 23,001,098' j\!arcb...
..."
Mar
23,«»5,83S
i»^U.vsli 24.0«3,5«»
Tula'
1884.
11,768,029
lo.ise.oijs
i2,oe4,8ii
11,217,042
11,488,7K«
April.
0,977,753
B,M0,822
9,520,047
9,2(J9,-287
Total
Company
lias
been one of the
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 »he road from Clifton to opposite Elizfibethport. The peculiar strength of these Ijonds is set forth in
the advertisement. Messrs. H. L. Horton & Co. offer them
at par.
See advertisement.
1885.
t
10,800,908
May...
l!r7,W,W.7H 121 32B.790
Island Transit
^The City of St. Paul offers to the investing public a rare
chance to get a first-class citv bond bearing 5 per cent and
running thirty years. Proposals for $300, OHO will be received
by the Comptroller at St. Paul until the 25th day of June,
At Xew ToTk.
Total .^(mhanilse.
—The Staten
enterprise? jiushed right
Bl.sag.snsl 54,40a.T3
Ohio State Bonds.— A dispatch from Columbus, June 18,
" Got. Hoadley to-day disapproved the contract of the
i«»y8
^tate .Sifiking Fund Commissrion with Netter, of Cincinnati, and
Bore, 'jf New York, to exchange $2,400,000 of State i)er cent
bonds, maturing December, 1S86, for State bonds bearing
8 65-100 \>er cent, to run from seven to twenty-five years. The
jOovernor says the Stale could do better."
Texas St St. Lonis.— .A,t the hearing before Judge Pardee in
Kew Orleans June 1.5, he declined to postpone the sale of the
Texaa Uivision ordered to be made on Aug. 4.
Tennps'ce Bonds.— Mr. John B. Manning received advices
from Nashville early in tlie week that there had been issued to
that time Tennessiee settlement 3 per cents, $5,470,000; 5 and
6 i)er cents, $960,000. Thus retiring about 112,140,000 of the
,
,
—The
Homestake Mining Company has declared the usu{il
dividend (ifiS?, .500) for May, payable at the com pa n.y's office,
San Francisco, or at tlie liansCer agency, Mills Building, in
this city, by Messrs. Lounsbery & Co., on tlie 25th inst.
Attention is called to the adverti?empnt of Jlr. John B
Manning, of 14 Wall Street, regarding coupons of Tennessee
—
bonds.
:
,
—
Anction Sales. The following were sold at auction lately
by Messrs Adrian H. MuUer & Son:
^
•
old debt, or very nearly one-half. Papers are being prepared
to have the "Settlements" listed on the New York Stock
Exchange.
—The
Connecticut Mutual Insurance
Company
has
made a
great push towards conservatism in life insurance,
which
means that the company has taken ground which it believes
wiu render its policy-holders most secure in their contract
and
naoBt certain to get their money paid when it
becomes due.
good thing in its policies U the plain business statement
•mount they will insure the holders as paid-up iwlicies inof the
case
payment of premiums should cease at any time.
See the
A
advertisement in another column.
—The published statement that the resignation of
Mr.Frederic
°^ **'^- ^5°"."!°'.^1 ^"^'"""^ Bank was due
To ^ilL'l^arJ'ff'"
•^®°'?^ ^y ^'- Taylor and by the
^nk
Mr
T^f"^-',,
**'•, .Taylor will continue a director
of the bank
- .Sli»i
^ition
which he occupied for some year« before
he became
.T'^y'o'' has for some time
contemplated engaKinc
in^.^f;—
H. Timpson, assistant cSh er!
*'':
who h« ll^'°'**connected ^"r*^
with the bank for twenty-eight vears
Z,^^* l*en \"y'°""'
^I"-'""^
Theodore F, ^uintardf chi^ef^l
S.^^„'. ^\:
uSS'SSfd.tlt.fc'I.t^.^''^''
0<^f^«u"^ 5"'"'
•*"?'
**>
^°'
tweViiveyetth^i
Shares.
BoniJs.
10 Coullnental Fire Ins. Co. 226
6 Shoe & Leiitliei- Nat. Ii'k.131
10 Miinufactiirers'
&
amount
of $965,000 are
Co.
RR
)
(Platte
68 30-ycar, due '89
and -so
build-
ers' Fire Ins. Co
10.5
200 Broadway Nat, Bauk
^65
50 U.S. Nat. Bank
120
16H CornExcli. Baiik.isaia-iaois
70 Bank of New York .... 167-163
1,000 N. Y. Heat, Light and
Power Co
*6,5 for lot
10 Real Estate and Auction
Boom (Limited)
93
150 Bankers and Merchants'
Tel. Co
1
10 Lehigh Valley KR. Co.. .11.SJ4
100 American Contracting &
Dredging Co
82
5 Clinton Fire Ins. Co
119
25 Fulton Municipal Gas-
LightCo. of Brooklyn.. 160
10 Brush Electric Illuminating Co. of N. Y
55
100 Silver Cliff Min'g Co.. $8 for lot
107 N. J. Central Land Im-
1111^
$t.0l>0Stateof .Mo, ts consol,,
IO8I4
due 1S88
$1.^,000 Harrison Wire Co. of
Louis 1st M. 7s. June,
1884. coupons on
34
$30,000 Bankers' & Merchts.'
Ht.
bH
Tel. Co. 68. gen. niort
$5,000 Broadway & Seventh
Av. RR. Co. 1st M. 5s, due
1P04
10818
$5,000 Jersey City Os Water
bonds, due 1909.... 109>« & Int.
$2,140 Atiautic Mutual Ins.
Co. Scrip
lOS"*
$1,000 PacifloRR. of Missouri
(Carondelet Br.) Ist M.
due 1893
$1,200 St. Louis
cisco
& San
RR. and Land
duo 1906
|6s,
69
FranBonds,
g?"*
$340 Miss. Kans. & Texas RR.
provementCo
1214
2d M. 63 int. cirt. for int.
50 Canton Land Co, of Bait. 4214
coup, from Oct. 1, 1870, to
50 Seventh Ward Nat. B'k..l00is
April 1, 188.^
40>t
200East Kiver Nat. Bank...l24i4 $15 N. J. Land Imp. Co. scrip 15
30 Dry Dock E. B'dwav &
.$1,500 City of Memphis.Tenn.
Battery RU. Co ...201-201Ji
Compromise of 1883, due
48 Central N. J. Lund Im1913
74
provement Co
11>4 $3,000 City of .Memph..Tenn.,
136 Citizens' Oils Light Co.
Compromise of 1878, due
H~^
of Brooklyn
25
100
10
50
N. Y. M.itual Gas L't Co. 1 3 4%
Fultou .Muulcii>al Gas Lt.l.'O'i
Eighth Av. RK. Co
253
U. S. Trust Co
461-466
38 U.S. Fire Ins, Co
127M
20 .\m. Loan & Trust Co ...107^
25 Bank of Manhattan Co.. ISO's
Bonds.
the
$5,000 State of Mo.
$7,000
RR,>
18H9
Statfi of Missouri (Pac,
6s, dne Jan. 1836 and
,
>.
l04Vi-112>i
E. St. Louis
$2,000 Decatur <fc
RR. 78 S. F., due 1889
1907
76*4
$1,000 L. I. City 6s Funded
Debt, due 1914
93>s ,& int.
$5,000 Second A v. RR. Co. Ss,
consol. M., duo 1910. ., 108 j: iiit.
$10,000 Jereev City Bs Water
Bds due 1909
108?i,tlnt.
$J,500N. \'. Co. 78 ftccumuliit Hi debt, due '8-i...l05'9 Jt int.
$1,000 tjnincy & M
Pacific
1st M. 68 .Ian., '84. obnps on 68\
$3,000 State of N. C. 68, du )
1386, 1887 .and ls88. Jan.
1S69, 09upon3 on
33%
92
:
JtSE
THE (CHRONICLE
20, 1885.J
ghe
;
'Juiu
JPa ukcKs' ©alette.
4l«*.1891.
reoentlir
/ram* ot Company.
4lt«, 1801
4«, 1907
4t, 1907
3«, option U. 8
haen annoanoad
Ptr
Whtn
etnt.
PantMt.
Bon)u OtoMd.
Northern Centrul
Bank
Bunk
8
4
,
U
4
,
>V Diiliilli. i>ref
3>4
,
Ha Ilk a.
4
of ('oiiinu'rcc
of Ni>w York. N. B. A...,
Httnnvor
N'jiilonal
9
3>«
3
,
Mercantilt^ N'atlonni
Tune 21 to
l[Juue 21 to
IS June 23 to July
July
July
July
July
July
11 Jane
July
July
July
July
6
NKW VOKH, VKIUAV. JINE
1ft
1 to
23 to June 30
.
l|.Iunc 19 to
liJun<> 20 to
lljiuix 26 to
July
ft
JuDo 30
June 3U
*
r«K
ooiip.
reff. U.
reif.,1.
Tbla
"
«
1,328.0>4 87
1,523,908 01
year.
"
19.
TMal...
7,704,173 78
i@H
M6
188S.
Differ" luetfr'ml
\Previoui Week.]
13.
1884.
June
1883.
June
14.
16.
Loansanddls. $5ri6,837.300,rac.
Legal reserve
Beeerve held.
$530,100
$295,833,200*321
,.,.,,.,„
.„...-. ...-^ ..-• 748 100
"
583,100
48.687.400
62.269.800
21.100
14.311. ICO
15.802.400
3li7..5Sl.'i,oOO|rno. 3,381,200 281,111,600 317,i.80,20O
33.6b5,t,00|Ino. 2,224,400
28,577,000
25,943,800
$91,89?', 975'lnc. $845,300 $70,277,900 $79,422.5,50
153,878,8001 luc. 2,807,500
77.264,400
88,213,600
fnrplUB
S61.979.925] fno .$1 ,962.200
S^ieeie
Circulation...
Netdepo.situ..
l/ev'al tenders.
oo .in/, ....
11.^.183,200;Fno
10.137.600 luc.
1
1
i i
•
$6,986,500
Exchange.— Sterling exchange has been
$8,791,050
generally steady at
the lower figures, without exhibiting any particular activity, and
posted rates remain unchanged as quoted last week.
To-day the rates on actual business were as follows, viz.
Bankers' 60 days' sterling,4 8.5i(a4 85i; demand, 4
86i@4 8ci.
Cables, 4 80i@4 8GJ. Commercial bills were 4
83J@4 84. Continental bills were Francs, 5 194@5 20 and 5
10J@5 17^;
reichmarks, 941(^94^ and 95J@»5|; guilders, 40®40iand
•
:
^
<
40i©40|.
i
"
*
Paymentt.
<Mn.
•
"
bonds.
During the six months or more that the market hits
been Imnging on the changing aspects of the West Shore— Central
imbroglio, there has been no such strength or largo transactions 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 ordinary causes assigned for it of "a speculative move" or "covering short sales," are altogether insufficient and unsatisfactory.
Rates for call loans during the week on stock and bond collaterals have ranged at
per cent, and to-day at l@li 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 52^, against 51
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, 962,200
the total surplus being |61, 979,935, against |C0,017,725 the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
h
Balaneen.
Reulplt.
987,«0& 24
1,0!I3.061 74
1,282,089 46
tone.
The most significant move in the market, and what certainly
would appear to have some unexplained force back of it, is the
cotemporancous advance in Vanderbilt stocks and West Shore
•134%
weeic:
16.
17.
1*.
more confident
H
State<» Snb-Trcasnrr.-i,.,- i.„i.„v.,ii< ui.iH shows
the receipts and payments at the Sub-Trea-sury in this city,
aa well as the b.^lancee in the same, for each day of the past
—
Dispatches from Pittsburg state that 25 iron mills in that city
have resumed operations, and it is believed that three-fourths
of the mills in the district will be running within the week.
At the Stock Exchange there has been more animation and
buoyancy in prices than has been seen in months before. In
some stocks there arc undoubtedly speculative pools which have
helped the advance in prices, but aside from this there has evidently been more general support than usual, and apparently a
:ou
U the price bid ai tbe inomiiiK
increased acreage in several of tlie largo States.
Tlie oiitloolt
for a heavy crop of cotton was never better at this period of the
June
•103'b
•127
United
ItKM-S P.M.
DaU.
Tbe Money Market and Financial Situation. The crop
reports appear to be good on evcrythinf; excejjt winter whent
barley, outs, Ac, are rtno, and com is fairly promising, with an JuoelS.
" 19.
IB.
Q..Mar.
re^. J,
re«(. J.
rsK. J.
6«,onr'(iy. '99.. .reg. J.
1
16|.luly
roff.
onup ^-Mar.
6«,our'oy, '98
8«,our'cy, '96
««, our'py, '97
6ii,our'oy, '98
Itallruudni.
Biwtini ItPviTii H. vk l.yiin....
Comie<'liiMil Kivop
Fliut .Vi IVrti Miiri|iiolte. pref.
.
June
1».
18.
UIVIUBNUS.
Tbe foUowlns dlvManiln hare
St. ruiil
735
1.4<»1.416 46
Ourrmey.
$
1.018,965 38 149,490,596 69 2?,I9M77
•1,424,668 87tl49,83l,698 35 v-i .,(.. .14
<
984.489 37 1.50,031,940 4't
1,417,449 33 1.50,942.832 0.:
1,014,560 09 151.286,291 4.'< —::
1,0J4,4I9 96 191,699.635 75 JO, 124,630
a,944..5.50
07
.^2
93
S4
07
07
60
.
lacluJei) $100,0 tO gold certlllcilej taken out of oaali.
State and Railroad UondH.— The transactions in State
bonds have been as follows: 115,000 North Carolina 6s, 1919,
at 1104—111}; fS.OOO do. 6s. Chatham Kailroad issue, at 4;
128,500 do. consol. 4s at 88; 113,000 Missouri 6», 1888, at 109;
f61,000 Tennessee 6s at 47}
47|; $65,500 do. compromise
bonds at 5.5J— ,5,5i; |5,000 Alabama Class A at 90}; $8,000
South Carolina 6s, non-fundable, at 3}; $3,000 Arkansas 7$ at
13, and $10,000 Virginia 6s deferred at 5}.
The railroad bond market has 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
87} and closing at 37}, against 34} last Friday. Erie 2ds have
also been active and strong, closingat 50}, against 48 last week.
New York Chicago & St. Louis Ists have risen sharply and
close at 78, against 70}; Missouri Pacificists consols at 100,
against 98 Missouri Kansas & Texas general 5s at 60}, against
69}; do. general 6s at 7.3}, against 72}; Atlantic & Pacific Ists
at 75, against 74; Northern Pacific Ists, coup., at 10,j}, against
104}; Mutual Union Telegr.iph 6s at 69}, against 67}; Metropolitan Elevated Ists at 112}, against 112f do. 2nd8 at 101},
against 99 J St. Paul, Chicago & Pacific Western Division Ists,
at 99}, against 98} Wabash, Chicago Division Ists, have further declined and close at 65, against 78}; East Tennessee 5»
—
;
;
;
;
close at 48, against 47}.
Railroad and Miscelianeons Stocks.— A decidedly improved tone may be reported in the Stock Exchange transactions 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 the 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. The
rise has not been accompanied, however, by any news of
importance 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 has been the fact that the
shortage in wheat would not affect the earnings of the Northwestern roads, as they depend more largely on the springwheat crop, in which there is no apparent shortage, and on
corn, oats, &c., which are promising; the grangers have
consequently been quite strong, and with the Vandcrbilta
have led the advance. Rumors 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 Central, have helped to strengthen the Vanderbilt stocks,
as also
the large advance in AVest Shore bonds, which is not easily
accounted for except on the theory that heavy purchasers have
been taking these bonds on inside information. Pacific Mail
opened considerably lower on Saturday, .June 13, on the an-
The following were the rates of domestic exchange on New
York at the uoder-mentioned cities to-day: Savannah, buving
par, selling \%\ premium
Charleston,
buying i 'pre- nouncement of the Postmaster-General's decision not to act
mium, selling a-10@i premium; Boston, par@5 premium; New under the recent law of Congress and give increased pay to
Orleans, commercial, l.JO premium; bank, 200@250 premium; American steamers for carrying the mails, but it has since
nearly recovered the decline.
St. Louis, 100 premium
Chicago,60@70 premium.
Lackawanna and Union Pacific have not participated in the
The posted rates of leading bankers are as follows
;
;
:
June
19.
Prime bankt^ra'aterUng bills on
Prime commercial
Documentary cummeroisl
\8itrty
liOndOD..
P»rle (francs)
Amsterdam (KuUdere)
Frankfort or Brenien (reichmarks).......
Days Demand
4 86
484I9
4 87
4S4
5 19»9
4U39
95
51714
40 •'8
United States Bonds.— Government bonds have been
95 >«
quite
actively dealt in the past week, with prices about steady.
The closing prices at the N. Y. Board have bsen as foUows:
general strength of the market, and it has been suspected that
the pools supporting these stocks have been willing to sec 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
it Ohio had obtiuned from the railroad committee of the
Philadelphia Council a favorable report fortheir line through that city.
To-day, Friday, the market was active and buoyant in the
morning, the Vanderbilt stocks and West Shore bonds leading,
and after slight reactions in the middle of the day, the last
prices were strong and at or near the best fiffurcs made
.
.
. '
...
.
THE CHRONICLE.
736
pToL. XL.
SEW YUEK STOCK EXCHANGE PRICES FOB WEEK ENDING JUNE
19,
AND SINCE
JAN.
1,
1885.
For Full
Year 1884.
HIGHEST AND LOWEST PRICES.
BTOCES.
Saturday,
Juno
RAILROADS.
praf
BaSm * N.Y. Alr-Ldne,
luplds & No.
OMMda Boathem
<Mar Falls A MlnnMota
'
Ceotnl
Pmclfle
Istprol...
Do
Do
Sdpret
OldeaffoA Alton
S0<«
30>4
*7»«
8^
•4^
Bt. Paul
Chlean A Nortbweatorn ......
pre'Do
Chloaco lUxsk Island A Pacino
Do
„ . pret.
TansTllle A Terre Haute
Green Bay Winona
ft
BU
Paul.
••••
Harlem
Boiuton ft Texas Central
lUlsois Ceotnl
6718
Essex
NaahT.Chattanooga ft
•3
•4Hl
49
. .
Do
ITew York Lack,
ft
Ontario
flew York Susq.
Western
. .
ft
Western
Western
ft
.
Do
.
pref.
Norfolk A Western, pref
Northern Paclflo
Do
pref
Ohio Central
Ohio ft Mlsfllsslppl
Ohloe^>utllem
Ore^n Short Line
Oregon ft Trans-ConUnentAl. .
Peona Decatur ft EvanSTllle..
PhlladelphUft Raadlnx
Pittsburg Ft. Wayne ft Chic. .
Do
special.
Raosselaerft Saratoga
Rich. A AUeg.. stock trust ctts.
Richmond ft DauTtlle
Rlehm'd ft West P'nt Terminal
Rochester ft Pittsburg
Rome Watertown A Ogdensb'g
Louis Alton
Bo
A San Francisco
40%
28% 28%
Low. High
19.
•9% 10
10
•9
"3"7"%"3"9'%
"3'7'%"3'7%
"16%
"s'gis
•3%
•7%
4I4
4%
•3%
8
•12
21
16
30
30
21%
71% 72%
16
71
126
•12
18
21
21
72
72%
•30
4%
3%
58% 94%
.
'
iim;kl.laneod8.
American DIstTel
Amertean TeL A Cable Co ...
Baakers' A MerehanU' Tel.
Colorado Coal A Iron...
CassQlldated (las Co
53>4
61 Vi
75 14
64
•35
83%
5
54I3
75% 76
33% 34%
24
96 'a
gala
98%
16
16
60
60%
13%
16% 36
6
10
21% 21%
72
72%
21% 38%
80% 100
28
69%
31
4%
20
6%
92
96% 97
15% 15%
35% 35%
...
49% 51%
181*
17% 18%
96
96
96
•122
•36
84% 85
96'j
23
9%
90
9%
X89%
9%
36
125
19%
37
2%
4%
125
7
•36
37
2
6
17
17
38
38'<
12
10
V% 18%
36%
9% 23
17
63% 100%
6%i 13
115 1127%
68
30
121
I
86% 87%
7%
7%
-1%
•5%
16% 1S*%
38% 39%
13
13% 13%
14% 14%
%
%
83% 122%
4
10%
7% 20
94
83
11% 28%
20
71%
8
17%
13'a
13% 13% 13% 13%
9"2
9
9
•9
9%
13% 14
14
14
14
14%
134% 134% 131% 134% 131% 134%
48
•2%
3>»
2%
48
18% 18%
3
•2%
13% 13%
9% 0%
13% 11%'
•17% 50
•18
13% 13%
-9
14% 11%
134% 134%
49%
19
20
12% Jan.
3
8
Feb.
Feb.
25% Feb.
19% Feb.
11 Mar.
*2%
3
I9I4
19%
32%
82% 82%
19
32
•19
*32
19%
83%
•17
•30
•81
33
81
88% 89%
•88
89
83
33
19%
13% 14
5.27i
14% 14%
1,320
4,210
9%
9%
853
•49
50
•18% 20
3% •2% S
17% 18
19%
•18
•30
33
S3
83
pix''£S'^*^"-c<'Pilliiiaa Palace
Car Co.!'."
QuIcksUver Mining Co
Do
Dref
WeatemJJjnlon Telegraph
88% 88%
11%
11',
53 "4
3 '4
63%
•7%
11% 12
53% 61%
J**
23
23
6II4
61>a
94
94
78",
78'a
7
7%
11% 11%
53% 61%
•2% 3%
•7% 9
11% ll't
61% 33%
-2% 3
•7% 8%
•61
63
118
*8
22%
'.
E^paiSSr*
61 ii
136
10% 10%
"5'3% "6'4'%
64
118
6
27
iJ!il',*<'lJ'''« stocks'."
Atehlyo
Topeka A BaaU F..
110
61%
140
111
10%
91%
78%
23%
"5'.?"%
10%
91%
79%
23%
"5'i'%
11% H'(
52
'17%.
18
*30
•82
100
450
30
'3"o'6
18
32 %
81
300
200
920
88% ai%
11% 11%
52% 53-%
3% 3%
3,710
61% 62%
62%
137
....
62
"li
11%
9t% 91%
78% 78%
94% 95
78% 78%
53% 63%
53% 53%
'117%119
•3
5
20
135
62% 63
137
'135
I
200
25
630
"li'%
95%
79%
2,040
3,212
6,680
¥3'%"7'5"
200
430
'*"l'6'%
95
79
53% 51%
...
'3
118
5
37,687
•133
•93
140
95
-51
63
111
111
30
70
21
'141
'^•
118
sUonCoal
77%
79%
7
Juuoie
9% Apr.
,-—dOoal
JuiielO
14
Mav
11'
7% Jiineiei
13% Feb. 261
53% May 23
6% Jan. 7
66,461
15
63
9
June C
Jan. 27 62% Junel9
49
7
Jf ar. 28
61
2
8
May
80
66 %
21
2
3
Mar. 21
Jan. 22
Jan. 3
Jan. 29
Jan.
8
1
13% Feb. 21
99% Mav 28
86% Apr. 13
4
7
31
Jan.
Feb. 20
2 120
Mav 9
3% May 13 1% Miir. 30
30 Jan. 30 30 Jan. 30
53% Jan. 2 63% Feb. 10
20
111
305
376
%
May
Mar.
Mi»y
22% Mar.
122
196
15
116
Jan.
May
Jan.
Jan.
Feb.
Feb.
Jan.
Apr.
17
Feb.
90
32
25
59%
77 Apr. 30
46% Mar.21 62% Mar. 9
Jan.
.32%
76% 99
11
9
5% 22%
28
81%
4
19%
Jan. 12
6% May
7%
4% Muy
no sale was made at the Board.
Feb. 27
Ol^'e
10
19
Ortano surer Mining
21
82
Mar. 21
Aj)r. 30
10
--'C*»trtSCMl
8
96
Feb. 23l 11% 29
39% Jan. 81 21% 50
87%,Tan. 10 70
96%
21
41
2
40
ksMlnlngCo
nM, are the prices bid and asked;
144
70
8
Apr. 30
May 12
Feb. 26
Feb. 7
Jan. 2
302 107 % Jan.
•22% 30
62% 03%
17% May
1
Co
•
62% 62%
8,032
91,090
516
I
140
...,
42
27
17
14
37% 67%
19
12
21
15
66% May
144
16^
1% 8
4% 18
7
1
2
4%
Jan. 11
14% 25%
Mar. 19
6
11%
24
11%
Apr. 27
6%' 34%
Apr. 29
10%
17%
7% Jiiue 9) 16% Feb. 27i 7
13 May 29: 19 Jan. 2, 16%' 60%
119% Feli. 17 133% June 1 119% 135
120 Mar. 9 l'2n% Apr. 20!
136% Jan. 29 113%Mav2l 138 i'l6'4
May 22i 2% Jan. 17
1
2% 6
61
41% Jan. 19; 51 Mar. 9 32
32
18% .Mav 29 26% Mar. Ill 12
Mai-. 11
4 Mar. 6!
1% 16%
24
if^ Jan. 2 19 Feb. 201 14
18
60
13 May 1 23 Feb. 26
147
20
—
Vto«i«|« Midland.....
140
96% 96
96
90
95
95
62
52
62% 52% •31
63
110% 110% 110% 110% 110%
111
110% 111
=;-— ' AMiasourl Birer.
WaiT««
5
•22% 30
gJ-JoAAWpref^
?"?*•' 5?"'"''/' ft Cle'v'e.'.
CWamba
'mbos Chic A Ind. Centr-I
}<SstA
V,*5
Ji*I*. Klerated
UattadOo's
of New JsrseV
62
7
200
"
61% 62%
137
3%
7
*'i6" "li
•3
•20
•22%
53
3%
118% 118% 117% 119
96% 97
62
62%
Onlted states !!!!"";
Wells. Fargo A Oo
91%
78% 79%
23% 23%
91
89% 90
6
28
20
28
28
16
l%Jau.
10%
20
•IS
184
175
8
•1% 2
•3% 6
18% 16%
16% 1
39% 39»J
8
ISia
9
44%
31
27
2% 2% •2 ....
4% 5
6
5
•88% 89
•88% 89%
9% 10% 10
101.
2%
4%
17
%
61% 94%
17% 17%
96% 96%
•122
36%
84% 86%
16% 16%
38% 38%
13
10
23
H5
•35
16% 16%
39%
39
%
-
....
«6%....
122 121
83% 85%
10
•26
17% 18
96% 96%
89»,
10
(!1%
61% 65
11% 11% «11% 12
•26
35
79
24
40
105
10
"87%
50% 52%
7
1%
"97'%
•125%
...
86
20%
6% 19%
69% 104»*
(i2
78%
22% 61*,
36
,
26% 26%
17% 17%
96% 96%
•1%
21
97%
16% 18%
97
200
51
140
9
5%
•20
21
8%
185
20
110
70
21
125% 123%
6o\ 55% 57%
70% •76% 77%
33% 31% 33% 31%
96% 96%
82
4% 14%
3(1
61
3% S%
54
76
"19% "19% "19'% "19'%
183 183
'"6"% "6'%
•7
7%
•1% 2
•3% 6
16% 16%
38% 38%
125
-3
•6
121
81% 85%
•1%
•4%
'6%
•l-a
62
3
41.
21% 22%
33
86% 133%
8% 23%
200
196
196
22
12
17%
90
9%
xl96
20
•3%
5%
53% 54%
51
53
76% 76% •76% 76%
33% 31% 33% 31
6
•6%
2%
•3%
•20
7
124
37
84 --a
33
3%
5%
3%
5%
125
12
9%
11
50
•26%
'90
%
"48
'125
•1%
•5h
5
I2SI4
31>e
60
3%
5%
1%
3%
.
Oalaware A Hudson Canal...
Oregon ImproTement Co ...
149%
lOOM 126%
•8% 10
5
88% 89
'.
119
124
81%
117
101% 103% 101% 102% 101% 102 _
5
6%
4%
4% 4% •4% 5%
5
20
&«
pref
_ Do
Bt Paul MInneap. A Manitoba
Dref
17
110%
127%
!l,-.%
_
Do
28
IIH
107
127
'
15
ft
116% 116% 116% 117
•5
•5% 8
8
16
21
71
20%
128
'127
12
16
9%
6%
8
128
8
11
37% 90
30
67%
3-
30% ao%
80
58%
24% 67%
3!)
30% 31% 31
•3% 1% •3% £4%
7'^»7•7% 8%
-4% 6
•1% 5
•4i^'5
•135
138
138
138
125% 126% 125 125\ 123 125% 126% 120
69%
88% 69% B8% 69% ')8% 69% 69
107% 108
107% 108
107% 108 •107 108
93
91% 92% 93% 92% 03% 92% 93%
30% 30%
•3%
6tt
'ITz
South Carolina UB
Texas A Paciac
Union PacUc
Wabash 8t Louis A Paclflo"
135
60
40% 40%
30
31%
40
40
29
•9% 10
•39
•27
pref.
Ooluth
Friday,
June
103% 102% 101
20
•30
S3
'81 Hi 33
A
711a
4»4
pref.. ..
1st pref.
Paul
28
10
A Terre Haute
Do
Do
St.
21
pref.
Mew York Lake Erie ft West'n
pref.
Do
Kew York ft New England
New York New Haven ft Hart.
Louis
20»4
71"4
49
•Shi
122
New York Central A Hudson.
Kew York Chic ft St. Louis
401
127% 128
110% 110 116
•5% 7% •6% 8
3>4
5
•OHi
St. Louis
Wednesday, Thursday,
June 18.
June 17.
123% 141
17% 18
95% 96
Moms ft
St.
88'.
prel.
Mlasoorl KansaaftTexas
Missouri Psoiflo
Mobile ft Ohio
St.
67%
302»a lOaia
75 "4
Long Island
33>e
LoobTiUe ft NaahTille
LonlsTllleNew Albany ft Chlo. •21
96 '«
Kanhattan Elerated, oonsol.
Manhattan Beach Co
Memphis ft Chariestnn
136
MMropoUtan Elevated
60
Mlehlsan Central
MU. L. Shore ft West'm, pref.
KlBneapoUs ft St. Loots
NewYork
31'e
•27\ 30
•18
Lake Shore
Do
80»<
124>9l24>s 123
leased line 4 p. ct.
Do
Indiana Bloomtnirt'n ft West'n
Lake Krie ft Western
16.
"8'7">a"3'8'
105'4l03'« 106 106
92>3 OS'*
91»8 92»4
128
127 127'*
116
114^114>4 115 116
Delavan Lackawanna A West. 102
Donrar A Rio Uraude
Dnhnono ft Sloax City. .
Kaat Taonaauo Va. ft Ga
37%
124 >8 124 "8 125 "a
•5
7'a
Cbioaso Bt UtnliS. PltUburc. •12
16
Do
^BT"'20»4
Chloaco St Panl Minn. A Oro. •20
70>g 71'<
prof.
Do
OlaTeland CoLCln. A Indlauap.
CtoTeland A Pluobnrz. fcnar
Ootambta A areenrUle, pre!
-8
37
6
SB's
40
28
•9
10
121
aSESoKUwaokeeA
39 's 40
"sai "s'f's
ChaapMke A Ohio.. ...--•
June
80% 90
27
-9
OMtnllom...
OntnlotKavJener
Tuesday,
12fl
39 4 40
^Y—^'«"
Monday,
June 16.
133
133
Bnilli>«tan Ced.
Paelfle
13.
w
60'<,
31
90
66%
112
67%
117
6%
34
49
78%
125
87
45
137
102
98
116
14
June 5
8
8
Mar. 25
Feb. 25
May 28
7
7
i'l'i"
3^
20
78 Jan. 8 62
162 Mar.l9 ,112
22 't Feb. 27, 23%
1
1% Feb. 6
140 May 1311137
26 Mar. 17
19%
115 May 12 115
196 Mav 20' 183%
15
18 Mar. 3
118 Apr. 23 121
46 Apr. 15 39%
20 Feb. 27 18
25
61%
127%
17%
6
14
61%
80%
162
24
3
145
34
130
193%
21
122%
40
23 >»
11
16
i9
2»
—
.
Jdne
. .
qUOTATIONS OF STATE AND BAILBOAD BONDS.
STATB BONOS.
8KOX7RITIE8.
BIA.
BKOtTRITIXa.
Bid.
Alnlminil-CliMii A, 1006.
inua U, ». liiOti
on
Loiil«Uoi^-7ii, •ioaa.,lB14
74
Kz-nutared oonpoa..
Mtuoiirl-eii. 188A
6a, ano 1889 or 1800..
lu-t
OlMllC, In, lUUIl
St, 10-Wii, IIMO
ArkAjinnH— Hn, fiiDilml
7», I Kook A Ft. M. liW.
7a, Meinii.A L.Kock l(K
It. L. K.r.B. A N.O. KB
M(l
107
3
UK.
KR.
7«.1H8«
1S90
!
Fun
Hii'
I
New
Jo., 'b».
10, 1885.
New
18
WII.O.AKa.R.
l>o
Oonaol. 4a, 1910
117
122
104
ea,
4>a
S"!
"87 »i
H8I|
HOT •^--
fnii
tinned
'014
i.,l»12
.
8». H'
68, coiiiwtl, iMiuda
6a, ex-melared oonpon
6a, conmil., 2d aerlea...
6a, deferred
106
8<«
4
Dlatrtot of ColDmbU—
108 100 tj' »-e5a. 1034
Tenneuee-tla. old, 1882-8 47 'i 40
Baictatered...,. ...
47 '4 49
8a. new, 1802-8-lBOO ...
Fundliicaa, 1899.
OB-taiiilitlilo,
,
49
47«<
r.9>
40
40
HO
SI
SO
•
Vlrnl.
UO<s 112
6a, 1910
Ohlo-6a, 1888
Boath U>rolln»—
e*.AOt Miir. 23, 1809)
I. -K.,
UL
BKOOBITIBB.
bonila, J.AJ., '99^8
BpeoUl tax, all dome*.
U»
lis ...
MVSB
N. Ouolliuk-Oontlnaad—
1887 ioa%
6b, Iniiri, IHIU
118
6i>,lonn, 1892
lis
6r, la»n, 1898
117
N. Cftrollnit-6s,oM, J.^kJ.
SO
10
PandliiK wit, 1000
18
18
5
737
BBOnBITnM.
A«k.
104\'105>(
Aurl'iiMM' l>>iiv..rtua'03
10
10
10
10
8 Hi
102
lOB
iri
0«orRla~8ii, IHHU
7«. ROld,
.
THE CHRONICLE
30, 18fi5.]
la, Mian. O.A K. K.
7s, ArkuiiaAA (Htnt.
—
1.
.
S6S
1
1888.
Brown coiinul'ii (In,
189'<
115 1«
110
BAILBOAD BONDS.
SECURITIES.
Ask.
Bid.
I
BECURITIES.
Rnilrond Bonds.
(Stock
Exchawje
2d, 79,
Mex. Cent.-lat,
I
Aak
Bid.
BBCDRITIBS.
Penn
7a. 1911
53
lat M., 79, excp.,0.7,A 8 •52
Mloh.Cent.— <'uns.79,1902 1!!3 125
I'i4<a
107 >
Conaol., 58, 1902
6a, 1909
Coupon, 6a, 1931
100
126'i
r25
I
let, consul., guar., 7e..
1:
Pi'
11S>3 117
I.Srtl
Bond9. 7s, 10(10
78 of 1871, 1001
Pricti.)
BECURITIES.
Aek.
Bid.
A
W.-Coutln'd—
Morns A Kssex- lat,78. 141
Del. L.
.•Jd.
,
Clev..v fir
4th. a.
I-.-.l
M
[
yii»'\.'"~.
!•
102
St.I-.V.tl
N.Y. Lack. A W. -lat, 6a
124
Regutoreil, 5a, 1931 ....
•2d. 7Construction, 5a. 19*23 100
100 <•
Jack.I.An.A Hag.— Os.-Ol
'2(1.
•lll'a'
76«a Del.A Il(nl.canal-l8t,7a 110
•105 4 106»«
MUw.A No.— Ist, ((a, 1910 86
02
Pitta.
lat, cxt., 78, 1801
lat,6a, 1884-1913
Pitts. .1:
1164'
Coupon. 7s, 1894
l|JUI,L.8,AW.-lat,(!s,1021 101'.
Runin W.,t(Jg. ist, 7,1. .11
RoglsteriMl, 78. 1894 ....|
Mich. Div.— l8t, 09, 1024
Vmi., 1st. ext, us, r,i22. 'W>i "ii'<i
let. Pa. I)iv.,cp.,78,l917 136
Mlnn.ASt.L.-lst.-a,1027 121
Ruch..M"ltt.-Iat.(U. 1!C.'1 107
......
Ia.(;ily>t\Ve»t.— lut, Tai
lat, I'n. Div., reg., 1917. 130
Iowa Ext.-l»t, 78, 1909 118
109
C. Hap. I.F.* N.— l»t, (!» '107
Alb. A Susq.— 1st, 78. ... IP."..: 114
100
2d, 7a, 1891
102
06
l9t, 5«, lSt21
i-j lOSij
2d, 79, I8A5
S'thw.Ext.-lst, 78,1910 "111
1114
t
Bair.N. Y.,t P.-Cons.
let, con8.,guar.78,190G ViW'i 1'29
Pec. Ext.-lst, OS, 1921 102
General, 69, 1924....
l8t,oone.,gu., 69, 1906 ll.>'sll5i% Mo.K.A T.-GBn'l,08,1920
73
73%
Atl..\:(Jh.— lat, pr.,78,y7 -113
:
Can.So.— ]st,lut,guar. 6» 99%: 09
Rena. A 8»r.— let, cp.,78 ISO's'....
00%' 01141
General, 69, 1920
Incimiea, 1000
*«7
2(1,58.1913
08 >a
13U>.ji....
Ist, reg., 78, 1921
Con9., 7s. 1904.50
1084 108% Scioto Val.-lat,oona.,7a. •
41
Rbk., .^8, U113
Denv.A nloOr.-lst, 1900 105% 106
Cons., 2(1, Incotne, 1911.
70
St. L. AIronMt.-lBt, 78. 114% 116
65 14! 56 >i
Central Iowtt—l8t,7»,'nnt
08
lat, consol., 78, 1910
H. A C(^nt. .Mo.— lat, '90 105
108
2d, 7s. 1897
Knst. Dlv.-l8t, «9,1912*
60
Den.So.l"k.APtto.-l9t,7a.
Mobile A Ohio— New Os.. 106%
Arkansas Rr'ch— lat, 79' •108 1084
111. mv.-l.st, 09, 19'
Deii.A Iliofl.Wost.— l9t,0a
Collatcr'l trust, Os, 1.892
41'i 41>4
110
Cairo A Fulton— lat, 7a.i 109
ClieBaiioako A Ohio—
Det.Mack.AMani.— lst,08 •60
65
lat, Extension, Os, 1927
Cairo Ark it T.-lat. 7a.; 104% 105
Pur. nmnev fund. 1893.. 109
Laud grant, ^'js. S. A...
Morgan's I.a.<t T.— lat, Oa
724 734
Gen. r'yAl.gr..5a, 1931
6.1, Kold, series A, 1008.
B.T.Va.AG.-l9t.78, 1900 ii'e"
lat, 79, 1918
110
StL.AltonATVH.— l8t," •1154
SO"* 60
48
4s'8 Nash.Chat.A St.L.— l8t,7a -1214
68, Kold, .scries It, 1903 t
•106
lat, cons., 6s, 193i>..
•2d, prof., 7a, 1894
10>« 20
6s,tiineucy, lill8
41
42
Ex coupons 9 to Vi
2d, 09, 1901
2d, Income, 79, 1891 ....
»»«1
L
Mort(?a(ce 68, 1911
95
Divisional 58, 1930
N. Y Ccntral-Os, 1887... 103'4
Bellev.A So. III.— Ist, 881
64
70
Che8.0.&S.W.— M. 5.6s..
Eliz.C.A N.— S.f.dBl).,c.,68
105 4
Deb. corta., ext'd 09
115
St.F.MInn.,t Man.— lat,7a(
Cblca^ & Alton—
1st, 09,1920
137
lUT,
i:4>4
N.Y.C.A H.— Ist, cp., 7s'
1384 •Jd, 09.1909.
I2214
1121..
lat mort.,78, 1893
84
86>«
Eliz.Lex.A BIgSivndy—Os
130»4 1304
l9t,reg., 1903
Dakota Kxt.-Oa, 1910
•104 ,104%
BlnklnB fund, 69, 1903. '118
Erie Ist, extended, 79... 124
Deb., 68. 1904
110%
1st, consol., Oa. 1933..
,„_
100
L». * Mn. Hiv.— lat, 78. 120
1919
'2d, oitended, 59,
..
135%
Harlem- Ist, 7s, coup
lst.e(msol., 6a,reg.,19.S.'?
4i-j9,
118 120
2d,7.s, 1900
3d, extended,
1923. 104 H,
l9t, 79, reg., 1900...
137
Miu'a Un.— lat, Oa, 1922
St. r.. J ack. * Chio.— 1st 119>8
4tb, extended, Ss, 1020. 108
N.Y.Elev'd— lat, 79, 1906 123 1234 ;St.P.A DnI.— Ist, fla, 1931
1004 107 "s N.Y.P.AO.— Pr. I'n, 69,'95
lat, guar. (501), 78, '94 119%
6th, 79, 1888
105
So.Car.R'v.— Ist, 08,1920
2d, (TtGO), 79, 1898 ... 125
lat, cons., gold, 78, 1920. 114<all5
41
N.Y.C.AN.— Gen.,09,1910
2d, Oa. 1931
2d, guar. (188), 78, '98
let, cona., id. coup., 7a .
Tra9t Co. receipts
384 40 ShenandhV.— l9t.78,19(B9
Ml89. U. Hr'Ke-l8t,9.f.68
Reorg., lat lion, (Is. 1008
N.Y. A N. Kligl'd— Ist, 78 IjO
General, 09, i921..
38
CWc.Kurl.* Qnlncy—
Long Dock b'nds, 7s. "93 114
l8t,68,1905.
624
110,
Tox.Ccn.-l9t,8.f.,78,1909
136 136'a
Consul. 78, 1903
Butr.N.Y.AK.— l8t,1910,*l'28"-j'
774 78
624!
N,V.C.A8t.L.-l8t,6a,1921
lat, 79, 1011
'105
68, sink InR fund. 1901..
N.Y.L.E.AW.-NoW2ilU8 *48'!i
2d, 68, 1923
Tol.Del.A Burl.— Main. 1)9
69, dfbenture-s 1913. ...f lOS^^s'
CoUat'l truet. Us, 1922.
N,Y'.W.Sh.A Buff.- Cp.,58 37
lat, Dayt. Div.. Os, lOlO
la. Div.-S. Jrt., ."is, 1919 *108
Bufr.AS.W.— M.,08,1908
Begl9terod, 5.S, 1931.... "314 35
1st, Ter. trust. Oa, 1910
Slnklngfuud. 49, 1919
97'ii OS's Ev. A T. H.— Ist, cona,, 6» 108
N.Y. Susq. A W.-l9t,6a.t
024 Tex.AN.O.-lst,7a, 1905
Denverlilv.—18, 19'22..
....
94
97
96
Mt. Vern'n-lst, (Js, 1923
Debenture, Os, 1897t...
Sabine Div...l.st,«9.1!H2 *78
-85
Plain 4s, 1021
Fl'tA I'.Marq.— M.tis,1020
Midland of N. J-lst, 68 84
84% Va. Mid.-M.lnc., 0a.l927
60
J.R.I. <tl'.-6a,cp., 1917. *133
....
Gal. llar.A S.Ant.- l8t,as
102.
N.Y.N.H.Air.-l8t.,rg.,4s 108
Wab.St.L.APac.— Gen., Oa "65" 29
»132'-j'....
6e, rce.,1917
•2d, 7s, 1905
N,Pac.— 0.1. gr.,l8t, cp.,6s 105
Chic. Div.— 5a, 1910
69
Ext. A Col., 58, 1934.... "109'4 ---.
90
West. Div.— l8t, 59.
1034105
Registered, Os, 1921 ...
Hav. Div.-Oa, 1910
.
Keok. A Des SI.— l9t, 69 108
2d, 6s, 1931
N.O.Pac.— lst,08,g.,1920t 524' 53
Tol.P.AW.— l8t.7a,1917 "ii'
Central of >r..I.—l9t.'90t. 112
Gr'nBayW.ASt.P.— Istea 65
Norf.&W.- Gen., Os, 1931 80 4j 90
Iowa Div— Os, 1921
105
Ist.cona.assant. 78,18991 104
Gulf Col. A 8.FO-78, 1909 104 >a 105
Now River- lst,0s,1932
Ind'polia Div.— Oa, 1921.
Conv.,as.seuted,7a, lilO'2 107 'iOSHi
2d, 6s, 1923
GhloA Miss.- Consol. 9. fd ii94C!;;:
Detroit Div,-Oa, 1921 ..
Aiyustinent, 7.S, liUW... 107
Ilan.A St.J.— Cou.fi9,1911| 118 119
Consolldnled. 7s, 1898.. 118
Cairo Div.— 59, 1931 ...
03
07
Couv.debout. (is, 1908..
Houston A Texas Cent.
110
2d con.soliil.ated. 7s,1911
64,
Wabash— Mort. 78, 1909
98
92
Leh.AW.B.—Con.K'd.as. 90
lat, M.L.,78, 1891 1....
874
1st. SprinL'tU'ld Div., 7s
Tol. A W.-l.st, ext..79. 105 4,106
80
85
Am.D'kAImp.-59, 1921 SS"*
92 ....„
1st, Western Div., 78t..
Ohio Central— l8t,Bs.l920
l8t, St. L. Div., 7a, '89.
80
Ohlc. Mil. &st. P.—
Ist, Waco A No., tsK...
lat, Tenn'l Tr., Os, 1920,
oa
2d, ext., 7a, 1893
134
l8t, Ss, P. D
2d, consul., main line, 8s!
581a
let, Mln'l Div., 6a, 1921
Eqnipm't bda, 78, '83.
2d, 7 3-IO9, P. D., 1898 . 'I23I11 124
2d, Wacn A No.,8s,1015j
Ohio So.— 1st, Os, 1921...
87
78
Consol. conv., 7s. 1907
40
Isf, 7s, $ g., U. D., 1902. 131>2l32
GeneriU, 6s, 1921
Oreg'nA Cal.— Ist.Os.lOai „„
Ot.We9t'n-lst,78,'88 104 105
93
•85
lat, LaC.l)lv.,79, 1893
119
noust.p:.&W.Tex.-l8t,78
69
Or..STransc'l—68,'82.19'22
2d, 79, 1893
1st. I. A M., 79. 1397 .. '12^
;d, «s, 1913
Oregon Imp. Co.— lat, Os.
-7
774
(l.ATol.— 1st, 78. 1890
*114
Ist. J. AD., 79, 1899... 119
Ill.Cen.-Spd.DlT.— Cp. 68 '
Oreg'n llK.ANav.— lst,6s 112%
Han.ANaplea— l9t,7a'
128
1st, C. A M., 79. 1903..
MiddleDiv.— Reg., 08..I 105
Debentures, 7s, 1.8.87 ... 103
lU.A So.Ia.-l8t.ex.,69:
Consol. 79, 1005
C.St.L.AN.O.-Teu.l.,7a
101
Panam»-S.f.,8ub.69,1910*
St.L.K.C.AN.— R.e.,79
125
l8t, 7.?, I.A D. Ext., 1908 123"^ 124
l8t, consol., 78, 1897..
Peoria Dec. A Ev.— 1st. Oal 85
Omaha Div.— l9t. 79.,'
1'25
1st, S.W. Div., 68, 10(19.1 113
2d, 68,1907
85
Evan8.Dlv.— l8t,08.1920 *"
Clar'daBr.-Oa, 1919
109
l8l,5s, LaU.&Dav.,l!tl9|'100's
Gold, OS, 1951
Peoria^t Pok. U'n— Ist.Os. 102 4
8t,Chas. Bge.— 1 st.Os
llii,
lst,S.Mlnn.I)lv.,fis.l!llO 114
Dub. A S.C— 2d Dlr., 78. 115>»
114^
P»O.RR.— Cen. Pac— G.Os
No. Missouri— lat, 79..
120'
I22K1I23
l9t. II. A U., 7s, 1010
10.^
Ced.F. A Minn.— let, 7a.
San Joaquiu Br.— Os
100
Weat.Un.Tcl.— 1900, coup
Chic.&Pac. Ulv.Os, 1910 110
Ind.Bl.AW.-lst, prof., 78 iii"
Cal. A (Jreg(m— 1st. Os 100% 1014
19(M). reg
68
Ist.Chic.A I'.\V..58,19-,!1
9U'4 9»'3;
100%l
lat, !).08, 1009
In.W. Telcirraph— 7a, 1904
Cal. A Or.-Ser. IS., Os
51>4
Min-1 Pt. Div.. 5s, 1910.
OS'il
2d, 5-8s, 1909
Land grant bonds, 6s. 103 1104 ;Mut.i;n.Tel...S.fd,6.a,1011
C.»t I..Su|>.l)lv.5s.l921 '100-a'
Eastern Div., 69, 1921
West. Pac— Bonds. 69.. 110 |110%
INCOME BONDS.
98 1-2 Indianap.D.ASpr.- l8t,78 86
Wi9.AMin.Dlv.58, 1921 98
No.R'way (Cal.)— 1st, 68 108 4
'(/Htcrfjff ViiythU if ftirned.)
94ij: 93'4
Terminal 5s, 1914
1st, 7s, ex fnnd. coups. •78
97
80. Pac. of Cal.— lat, Os.
98
Atl.APar.-Inc. 1910....
Chic. A Northwe9t.—
Int. A (it.No.— lst,68, gold
:100>a
So. Pac. of Ariz.— 1st, 69
Central of N.J.-1908 ....
07>4' 07 "a
Sinking Fund, 78, ISS.'S. *103V
Coupon, Bs, 1909
So.Pac.ofN.Mox.-l9t,0a •94 4
„E.T. V. Afla..-Iuc.,6a,1931 'ir%'""n?
Consol. bunds, 7s, 1915. 138Ki'
Kent'ky Cent.— M.69,1011
Union Piiciflc— 1st. 69.. 11541
,Or.BavW.,tSt.P.-2d,lnc.
>9
Eiteusionbonda, 78,'85 103
stamped, 4 p. c, 1911
Landgrant9. 7a, '87-89 1004 100% Ind.Bl.AW.— C(Hi., Inc.Oa
10318 103% Lake Shore A Mich. So.I'20i4
1st, 78, 1M.S5
Ind'sDci'.A spr'i»— •id.ln,
Sinking fund, 8s, '93
1'20
Coupon. Kold. 78,1902.. 12834]
Cleve. A Tol.— Sink'g fd '103--4
Jl.eli. A Wilkesb.Coal.— '88
Reg., Hs, 1893
103=4
1G44
Reglsfd. gold, 78, 1902.1*128
New bonds, 78, 1880.
.Lake K.A W.-Inc., 7s.!l9
Collateral Trust, Os.
114
Blukingfnnd, 68, 1929..l"113
Cleve. P. A Ash.— 78...
S.and'kv Div.— Inc. ,1921)
Do
59. 1907
Sink, fund, (i8.1929.rcg.
Buff.AErie— Newbd8,7s 120
.Lilf.Bl.AMun. -Inc..7s,99
Kans.Pac— lat, 68, '95 112%
Sinking fund, 09, 1920
lOSHi'
109 1094 Mil. L.sh.A \V.— lucmnes
Kal. A W. Pigeon— lat..
lat, 08, 1896
Sink, fund, us, 1929, regi
DetM.A T.—l8t,78,1006
Denv. Div.0a,a98..'99 108% 10941 Mub. A O.— lst,prf.,deben.
eink'gfd.ilob..5s, 1933.1 lOCa'
Lake Shore— Div.hund9. 122
99% 994 2d. ]>ref., debenturea
let, consol., 6s,1919.
25ycursdcb. 59, i909..1 99 » 99 "a
C0U80I., coup., 1st, 7s. 1'28', 129a,
C.Br.U.P.— F.C..79.95 103
3d. pref., debentures
128
EacansbaA L. 8.-l8t,68i 110
Con.9ol., reg., Ist, 7s .. 126
934 4th. pref.. delientures. ..
AtC.AP.- l9t.6s,1905 90
DeaM.AMlu'ap.— l8t,78 124
Consol., coup., 2d, 7s.. 112
lN.Y.I.akcE.,tW.— Ine..(i9
At.J.Co.A W.— 1st, 6a 90
112 11294
Iowa Ml<U8nd-let,8«.. -130
Consol., reg., 2d, 79 .
914 01% lOhloCent.— Incomo. lO'.'O
Greg. Short-L.— lat, Os
3>l
Penluaula— lat, conv.,78
Long l8l. KU.— 1st, 79,'98 1'20
Mini Div.- Inc.,78.1921
rtSo.— (len.,79, 1909 •904
1084
Chlc.A Mllw'kee-l8t,78 126"!>l
Ist, cousol, 5s, 1931
90 iOhioKo.— 'id hie., Oa, I921i
Exten.. l9t, 78, 1900
Louisv.A N.— Conaol., 78 120=, 121
Wln.ASt. P.— lat,78,'87 108 ilOO
Mo. Pac.— 1st, cons., 6a. 994 99% iPeoriaD.A Kv.— Inc.,1920
125'3
99 101
2d, 78, 1907
Cecilian Br'ch— 79, 1907
Evansv.Div.— Inc., 19'20l
8d, 78,1906
96
Mll.AMad.- l8t,G9.1905 114
N.O.A Mob.-lst.Os.lt'.'lO 95
P«o.of Mo.— lat, 6a... 106% 107-4 |Roch.APittsb.-Inc.,1921;'
774 80
2d, Oa, 1930
1114> Ott. C. F.A St. P.-l8t,58 103
Rome W. A Og.— Inc., 7a. 1'
2d, 79, 1891
E.H.AN.— 1st, «a, 1919 1064 107
O.C.C.&Ind-.9-l8t, 7, 8.1.1*120 "a
984
So. Car. Itv.— Inc.,0a,19Sl|*
St.L.dfc S F.-2d,69, CI. A
90»4 97
113 118
General, 08. 1930
Consol. 7s. 1914
96
St.L.A.A l-.II.
-niv.Ula
Be, ClasaO. 1006
Consol. sink, fil, 7s,1914
Pensacola Div.- 68,1920 •80
07%
FREE LIST.
6a, Class B. 19O0
General consol., 68,1934
St. L. Div.— 1st, 69, 1921 lot
109
,Cln. A si)ringf.— 7a, 19011*
let, Os, Pierce C. A O..
404
60
Chic. St. I'. .Min. A Oui.2d, 3s, 1980
Cnm. A Penn.— 181,68, '911'
Epalptneut, 7s, 1895..
.'
112
Consol. 68, 1930
NaaliT.A Dec.— Ist, 7a..
'id. 6a, 1888
Gen'tmort., O9, 1931..
C.St.P.AM.-l9t68,1918
121 •»! 8.&N.Ala.—8.f.,68, 1910 "9i'
.Col.C.AIr.Co.-l8t,con.,Gai
Bo. Pac.of Mo.— Ist. Os 1064
Loul9V.
No. Wl9.-lst. «s, 19.10.
L.-6a,1931
Tex.APac.- 1st. 69,1905 108
Ft. W. A Denv.
lat. 6a
924 92%
Bt.P.A S.C.-l»t,lia,1919 119>!1
Trust bonds, 08, 10'22...
60
Jofferaon.— lat, 7a. 1880 .1
Conaol., Oa, 19051 .--*
1040,09.1924
79% 83
Chlc.A K.lll.— lst,8.f..cur. 111 111^4
374
Income A Id- gr., reg.
Phil. A R.-D<-b.,7a, l.SilS
Consul., 1st. Gs, 1934....
99
09 <a L.Erle .tW.-lsf, 68, 1919
70
64
Warren KR.-2d. 7b. IWK) "1
RloG., Oa, Aug. cp. on
80
Sandusky Div.— 69,1919
Chic. St. I,.AI'. — 1 st.con.58
Wabash funded Int. bda.
Do
exAng. cp. 60%
Ohlo.AW.Ind.-lst.8.f.,68 113
lJlf.I!l.Aa.-lst. 09. '.919
684
Oen. mort. A Ter. 6a..
47 41
T(d.A 111. Div.— 7a...
Loulsv.N.Alb.AC— l«t,08 90
94
Gen'l inort., Cfi, 1932 ...1 104
Pennarlvanla 1CK-—
L. K.rleWab.ASt.L.— 7a.
102%' Gt.Weafn.-lat, 7b
General mort., Os, 1914.
Ool.A C)reen.-l9t,68,1918,*100
P».Co.'8 guar.4 4.H.1 stop 102
Lou. N. O. A Tex.— lat, 58 •flO
004 P». Co.'a4 49.Reg.,1921 103
III. A So. Iowa.— 7a
aa, 68, 1926
OoLH.Val.ATol.-l8t,8a 75
76
Mauhat.B'ch Co.— 7a.l909
D«vi. A E.St. L.-68....
Pltt«.0.*8t.L.-f9t.c.,7a 119
N.Y.AM.B'h- l9t,7a.'97
Bel. L.A W.-78, conv.,'92
lat, reg., 78,1900
Toledo A Wah.— '^d, 68.
130
Metrop'lit'n El.— lBt,1908 11:
Mortgage, 79, 1007
1124
2d, 7s, 1013
Wab. A West'n.— '2d, 6a
'ii\. (Is. 1809
lOO's 101
8rT.Riiiit.*N.Y.— l»t,7a 131
Pitts. Ft W..(t
(It. Western— '2d. 6b.
l9t.7«'
Atoli.T.AS.Fo-1
BliikiUK t'uiul,
"-ifl,
(i.i,
1020
'
I
1011.
A
Fuc.-Ist, i;». IIIUI
Atl.
Balt.,t(1.-l8t, lix.l'rk.lir. 120
Bor.C. U;ii>.>t No.— l«t.5si 106
Consul.. Int, 69, lOSl ...i'
MlnM..lSt.l..-l8t,7s.(tll. *12«
1
I
i
I
!
1
I
I
I
I
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I
—
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1
,
I
I
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1
i
1
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.
I
I
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I
.
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I
I
j
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I
i
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'
1
I
;
I
I
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1
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.
1
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t
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U04
1
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C—
C—
1
*
Ha
price* Fildar
;
Uiese are lataat qaotationa made Uila week.
t
Coapona off.
—
.
THE CHRONICLE.
1ZS
New York
BAILBOAU EABNINttS
totals from Jan. 1 to
The lateet raUroad eaminKS and the
includes the gross
etetement
Uteet date are jciven below. The
from which returns ca n be obtained.
aU
of
eaminKs
Soadt.
WeeJeorMo
|
1885.
1884.
s
«
6H,224
AI».Gt.8outh'o .M»y.
88,543
wWne
wWne
,">5,68'5
ChfiO. AS.
&
119,244
129.049
W.lAorll....
Alloii l«t
wkJ'ne
56,403
109,7t0
166,793
2,0fv^,0'0 1,832,451
30,196
3i',433
Chlo. AEoft 111 iBtwkJ
CWc. Mil A St.P.Jiit wk J'ue 434.U0l> 433,717
483,200
44fi,O0O
J'lie
wk
Norlliw
rid
&
Chic.
U2,700 1 1 1 .400
Cli.St.P.Min AO. 2il wk J'lie
29.010
25,641
Chie. * W. .Ml<li ^"t wkJ'ue
44.463
44.001
an.Iud.8I.I.-Al' ut WkJ'ne
O. April
Clilc. hliirl. it
..
I
i
'
SO. Si T.
Cln.Wa«ti..V:nalt.;4tliwkM«.T
187,246
34,086
Clev.Akr.iniCol Ui wkJ'be
8,993
On.
P. JI.iy
23^,850
24,400
16,230
111,892
78,445
6,123
21..W
15,700
276,698
14,7M7
34.gOi
Clev.Ciil.C.i: Iiid April..
ginnotlon VaL.I.Mar. b.
anburr A Sur April ..
Denr. * Klo(Jr. l«t wkJ'ne
I>euv.
A K. Ci. \V May
Dm .Mo.
Ft. D.'lat wkJ'nt'
U*t.L.-inB'f:ANo. 2d wk J'm
Dull. .v.-liiux City IstwkJ'iie
.V
E.Tinu.Va.AOa. April
Evicii.sv. i T. H. Ist wkJ'ue
Flint Jt P. Marn. IstwkJ'iie
Flor. KwayAN. 1st wkJ'ut
Florida Soutli'u. March.
18,9si2
25,191
42.400
.d Ueu. May ..
OaLHsr.<)tS.An. March.
to Latest
18S5.
219,147
46,23 S
9,863
294,113
21.987
16,834
101,013
74,524
5,393
24,026
15,582
291.519
49il.763
596,626
6,355,119
1,166,446
207,259
410,989
3,364,580
7,557,712
6.147,763
1,069,781
213,318
475,476
3,173,535
8,298,579
656.987
9.62<.i,000
9.609,954
2,251,132
5C3,84b
1,013,649
1,001, 291
727,887
192,950
1,067,151
66.672
60.323
2,327,706
311,746
148.082
487.341
340,917
•1,'.!00.318
17,061
64,400
185,070
153,666
674,079
302,40'^
6,298,369
10A254
lU.Ceiit.iIll.ASo) iBt tvt.I'ne
Do
ilown) 1st wk.l'ne
133,637
182,081
29,484
4,576.6li8
irmith April
204.900
29,900
44,239
43,424
26.049
71,571
17,205
36,960
L.Rk.M.i:iv.iT. April
16,5.89
wkJ'ne
l.st
K.C.Ft.-S. Jttiulf
Kan. U. Sp.it M.
Ut wkl'uej
t'ent'l
\V.
.fc
.
!
2d wk J'ue
'March
XjnDii Irtland
L'a
wkJ'ne
March
U% wkJ'ne
'.at
Wcsuru
Loul^v..^ N}ij«hv. 2d
Mar.BoiiKh.JcU.
May
Mem.
March
A- ('liarle.«
Mexican
l'intr;ill2d
«lfei.N..n!l
67,769
51,932
233,830
75,900
109,252
66.143
137,192
wkJ'ne
wk
J'nc
.May
lliiCB
Mllwaukte.t No'lsl wkJ'ue
MU.L. Sh.A Wca' 2d wk J'ue
Minn. ikbt.Loui* Apiil.
Mobile cfc Ohio.. May
11.0.^0
23,;i35
173,800
12.M19
Moivau'8La.J,'T. March
ga«h.t'h.<t8t.L May
.0.& Northeast May
N. Y. Ch. A8t.L.'May
a jr. V.I,. Erie JtW Apnl
N. Y. Pa.
April
H.Y. A.N'ewEnK. April
iS. Y. Ont.ikW. May
».Y'.Su8ii.iWc8t April
3.54.727
167.495
49,900
232.439
42,S6ti
47,233
34,371
65,3'
4.'i9.326
633.931
967,675
1,090,100
746,287
186,149
,591,992
9,370,355
9,645,752
2,4.5",H35
666,213
941,634
1,004.135
721,289
192.3-<3
1,11-1,014
61,800
.'.6.130
2,22.i,792
H0J.129
193,311
916,470
997,802
457,661
169,907
23,127
67,410
29,38
242,365
111,618
111.925
66,549
150.(5i
10,931
22,300
158,910
112.774
305,600
190,751
28,475
221.769
181,419
108,299
1,022,.')05
143.6.53
6,266.90;
160,230
351,765
1,718,090
676,693
236,873
495,913
621.746
810.678
987,685
879,518
291,595
1,307,345
4,661,111
1,563,954
982.552
067,215
320,599
168,350
107,466
9^0,458
130,929
6,007,786
199.415
335.816
1,254.704
New York
Merchanta'
Mechanics'
City
Tradesmen's
Fulton
Chemical
Merchants' Exch.
Oallatin National..
Butchers' A Drov..
Mechanics'
I
.
,^:
1
1
.
i
]
,
u*
.,
6-26,769
JiSU^k'^^Ji^^r *"
•*»»' »'
"«"'" *
i Krrel,",?,!,'?';
•""''•«rprang
«'^'°'"'
Hot Including Coror^to Division
'•'
o'tl^er
In ellUer year.
year.
A Tr..
Greenwich
Leather Mannfrs.
Seventh Ward
State of N. Y
Americ'n Exch'ge.
Commerce
Broadway
Mercantile
Pacific.
Repulilic
Chatham
Peoples'
North America
...
Hanover
Irvini^
Citizens'
NasH.^u
..
..
.....
.
8t.
Oriental
Importers'A Trad,
Paik
North River
East River
Fourth National..
Central National..
Second National..
Ninth ICational...
First National
Third National ...
N. Y.Nat. Exch..
Bowery
N. Y. Coanty
GHrinan-.Yuierio'n.
Cliase National...
Firth Avenue
German Exch'nge.
Germania
...
United States
Lincoln
Oarlleltl
Filth National....
B'k of the Metrop.,
West Side
time
when
Net DepoHtt
S
Olrcui*-
other
than U.
S
tion.
S.
$
9
460,00»
1,100
268,00l>
90,000
298,800
692,400
164,100
2,600
439,100
43,000
683,200
893,200
399,400
423,000
46,000
5,400
180,000
246,200
265,000
437,900
369,100
989,900
45,000
225,000
180,000
237,000
36,400
45,000
439,800
179,600
199,500
180,000
45,000
180,000
43,400
176,200
135,000
296.837.300 115183200 38,695.600 367.5(>5.60O 10.137.600
Total
The following are
totals for several
\L. TentUrt.
Specie.
weeks
Depoaite.
past:
OirciUation Aqo. Clear'^
\
$
$
I
M'ySO 293,146.200 114501600 36.038.400 361,483,900
10,304,100 345,317,886
J'ne 6l-296.307.200 114600!00 36.471, '200 361,214,300 10.116,500 468,877,505
13.296,837,300 1151S3200 38,6il5.600!367,595,50C U0,137,600 404.261,880
Boston Banks.
Loan*.
1885.
—Following are the totals of the Boston banks
Specie.
L, Tenders.
Depo*itt.^
JOff.
$
Clear'gt
$
M'y30 144,026,600 8,705,800 4,758,200 101,373.000 22.047,700
J'ne 6 148,231,300 8,74-2,400 4,818.700 07,-270,700 '22.-21-2,200
••
13 147,800,9001 8,733,0001 4.890.600 108,608.4 OOi 22.075. 100
Philadelphia Banks.— The
46.152.129
711,296,985
62,741,956
totals of the Philadelphia banks-
are as foUows:
1885.
'
. .
.
Union
America
Phenix
218,.591
484.864
262,102 275,50'
1,030,(.27
149,045
163,126
677,611
90,331
8J,27.S
282,177
orrolk.K \Vc.*t. 2 wksj'ue
8i.705
91,732
Vortbini t'lni'l Apill
450,010 454,749 1,7'26.635 1,725,772
orthern PuclHi Mav
895.403 1,287,805 3.588,226 4,842.463
Ohln rpuu-.tl... 2d wk Jlav
21,130
26,016
348,746
397,673
2d wk May
71,801
90,37- 1,315,751 1,400.345
May
31,845
28,H83
174.899
178,180
Co April
230,76!*
269,982
901,469 1,070.123
' L.
March
"2,368
117,671
308.690
152,70;J
!
April
3,70t.>-90 4,156.309 13,693,186 15,l.i9,902
!•
I'
,vEr 'id wkJ'ne!
10,0OSi
11,913
3U0,069
337,163
Pliil.i. i trie.... April.
246.7 19 279,923i
937,396 l,027,.'i90
Phtla. Jc Beading April
2,343.973 2.855,6/3^ 7,904,488 9.241,959
Do C. A Iron April.
1,179,970 1,238,079' 4,018,850 4,088,343
Kclun'd &Danv. .May
292,077 2ii9,329 1,589,279 1,573,2>*3
Cb.Onl.AAiu; May
46,286
48,241
336,279
319,596
OoliunblB&Gr. May
35.817
86,637
286.814
270,706
Georgia Pac.
May . .
46.113
47,014
266,212
220,001
Va. Midland.. '.May ...
124,027
137,363
573,165
601,-27-2
West. No. Car .May
36,437
3-2,124
180,239
161,307
Roch. A Piitrtli'tr 2d wk J
21.718
26,077
4^9,371
439,652
Borne Wat..vO){ April. .
141.456
132,.532
475,150
455,570
w.
St. Jo .t
si'ii
:»t wk.l'ne
16.3S6
23.889
eti-A
t WkJ'ue
16.724
19,533
186',6Y2
60i',02i
I hi
t WkJ'ue'
11.119
10,368
3o9,0S
313,847
Bt I.
t wkJ'iic
12,058
8,983
210,138
201.897
t-I. ,V ^
1 wk J'ne
65.306
82,007 1,813,130 1,920,601
t.l'.iiiKV t)iiithl2d wk Juo
22,391
"
25,539
414,879
** " .Miu
434,018
•LP
Man Mar
488,317 621.167 2,629,170 2,972,7a6
oath Carolina.. Apill
ex,816
73.3 1(.
424,364
446,904
So. Fac.. Nil. Idr Pebninry
82.300
72,979
184,92-2
15-2,392
:8onthem Dir. March
258,919
222,977
781,061
740,995
Arliina
Mann. ... 116,166 112,562
422,015
460,732
few Meiico. March ....! 63,022
54,l«-i
172,609
163,748
Tm«» I* >. O
March
75.54<
f.6,140
220,573
232,408
T'- •
•.iiis. Ithwk.Mayi
11,650
12.029
369,285
298,091
T
,.SI. Way .
18.83-)
19,630
104,601
84,491
1
i-:... April
,1,987,191 2,1I6..520 7,201,606 7,151,465
4jw»ii
rniral ... April.
52,7,55
70.859
236,527
303,174
May.
25,90f
30.811
172,821
194,413
jj3Bb.llj.4Pw. .May.
31,50
•\614
132,814
"I
50,036
Walk St.
P. Ha.V
,0" 0,075 1,202,032
5,956,624 6,274,536
April
91.207
93.135
303,674
312,165
wlMonSnCeiit'ill si WkJ'ne
26,710
22,089
619,449
393,18'.!
Yorli City for the
9,678.000 4.03;'.000 1,216,000 11.870.000
532,000
8.303.000 •J,449.000
9.283.000
9.H78.900
6,765.300 2.510.900 2,727,800
8,121.000 3,333.000 1.401.000
9.840,000
891,800
232,900
3,870.100
3,303,800
9.093.900 5,811,800 1.097.000 11,887,400
471.000
258.700
2,801,000
2,511,000
6,855,800 11,267.200 1,090.000 16,939,200
364.600
138.400
1,941,000
1.805,800
163.900
1.638.700
1,051,300 1.12S.800
l&,141.e00 9,662,100 1,116,800 21.456,500
856,800
2.78;l.900
366.200
3,520.600
925,100
704.600
6,109.900
3.863.600
46.3,400
177.800
1,8.'>9.400
1,647,100
65.000
226,000
1.216,000
1,376,000
1011,600
129,500
1,011,800
1,001,500
817,000
287,800
2,816,400
2.676,300
365,900
74,200
1.144.400
1,071,800
S28.300
2,9H2,.=i00 1.216,400
3,930.900
1.771.000 14.454.000
12,49-.i.O0O 6,771,000
lo,l-2.i.S30 10,771.800 2,834,900 23.21B.800
175.800
5,888.200 1,005,700
4.760.700
481.900
6,103.600 1.888.600
7,005,000
458.000
6 1 1. '200
2.185,400
3,048,100
377.800
6,409,11)0 1.978,600
6.029.400
761,700
446,700
3,601,700
4,007.600
175.900
180.100
1,438,900
1,808,400
538.000
417,300
3,798,000
3.:<25,B00
725,000 11,12-2,000
7.15.1,500 4,946.700
944.700
40S.300
2,461,000
3.057,000
634.900
662.500
2.485,700
3,191,700
2.'279.900
188,100
181,800
2,740,600
661,100
2.957,-200
168,501)
2,516,000
688,300
1,741,900
263.200
1.994,600
2,758,1100
701.000
333.000
3.165,000
784.100
4-22,000
4,907,700
4,378,700
4.24-' .800 1,938.500
6'20.100
6,005,600
1.8.10,100
196,400
303,000
1.871,500
17.874,500 6,423.500 1,392,490 22.621,100
16,704,900 4,983,600 2.531.h00 '22.647,7001
113.000
1,394,000
248,000
1,928.000
190,200
1,096,300
160.800
956.900
14.062.500 6,161.100 1,415.000 16.8-24. 000
7.575,000 2,952,000
846.000
9,838.000
819.000
2,418.000
397.000
3,336,000
4,6»B,300 1,048.400
461,400
5,225,200
14.874,600 4,169,200 1,881,800 17,101,000
846,500 1,183,000
4,048.600
4.951.100
1,129.800
293,700
232.600
1.167.200
465.000
2.263.'200
2,044.500
130,600
438.100
1,799,400
£94.900
2.579.800
2.O-J1.200
496,100
200,100
2.557,400
762,300
2:<4,100
3.161,000
3,842,400
2.79^.900
831,000
335,81)0
3.20:-1,800
160,000
1,910,900
63(1.000
2,508,000
•299.700
1,821,000
208.300
2,323.900
2,563,500
728,800
100.300
2.64 9,300
1,626,300
828,800
273,100
2,556.000
1.205,100
198,200
149,900
1,244,300
203,600
1.169.600
214,000
1.336,600
3,147,300
821,600
621,600
4,559,^.00
1,360,600
68,500
708,400
1,898,200
713,696
489,686
53S3rt6
836.350
928,647
983,224
161.679
1,277,655
5,081,368
1,772,382
New
Legal
Tenaert,
Specie.
i
Nicholas
Shoe & Leather..
Corn Exchange ...
Continental
670,6-24
Banks of
13, 1885:
Viacounti.
Market
7,025,957
644,671
4,238.600
699,833
—Tlie follovdng statement shows the
Loani and
616,978
369,302
1,261,018
Xu'"^
Average Ainount of—
Bonkt.
137,6;.7
19.631
41,110
1,201,648 1,397,726
*0
1,823,3,83
2H6,659
292.825
807,792 1,079.176
463,888
447,606
4-1.609
78.927
10,81
43,078
19.068
274,092
irnd.Blooiii.AW.
1881.
417,595
5,049,424
163,335
l,12i.670
21,632
22.=>,918
Kentucky
Lake Eric
L-Kk.A Ft
week ending June
naU.
451,599
4,824,406
179,371
1,235.502
28,Hj3
2.9i 9.378
Grand Trunk... Wk June 6
Onlf Col. .t 8. Fc May
Ft. Worth
City Banks.
Manhattan Oo
1,297,826 1,306.000
AU-t. T.*S. F. 'April
9,668
7,788
BMt. H. T. & W. tat
50.351
wkj'ne
52,035
Bnr.Ctil.R.iNo. iKt
8,686
10,117
C»l. .?oullniu...!.Mari'li
147.000 129,000
Csniulluu Pacilli.!2d wk J'ae
24.380
19,345
central I(.wa....il»t
l,73ft.00<) 2,030.079
ONitnJPa'ltlc.iApril.. .
260,002 306.211
Cbessp. & Oliio jAprll
EUi.U)[.4B-8 April....
Jmi. I
[Vol.
condition of the Associated
railroads
Lalal Eamiasi Reported.
Cblrago
:
.
1
'
Loanf.
May
30....
June
6
13
"
74,513,382
74,356.932
74,218,309
Lawful Mrmey.
27,66.1,667
28.898,610
27,734.300
DrpoHtt.'
A on.
Circulation.
77,85 1,'301
77,393,553
77,616,038
Clear'os
S
*
7.612,088
7.484.395
31,6'27,819
7,4:19,566
40,498,265^
53,754,947
^Including the item "duo to other banks."
Unlisted Securities.
week
—Following are latest
quotations for
a
past:
Securitt».
Ask.
Bid.
Securities,
Bid.
Atk.
N. Y. W. ah. A B.- Stock.
Receive- 8- ci rt
North. Pae.— Div. bonds
North RlT. Cons.— 100 p.c
Oliio cent.— Kiv. Div., 1st
2
3
i
Atlantic & Pac— Stock....
Cent. Div., 1st, old
Cent. Div., 1st, new
Incomes
7"«
6-B
69
67
71
6'!>
Accuuiul. land grant
Bank,,tMen-h,TBl„ gen.M
B. A M. Tel.Co., Rec. Cer.
Boat. H.T.A west.— Sfk.
16
Incoiui-a
75
Prof
:.
Trust bonds. 68
B'klyo Elev., St. receipts
1st M.,
orwnen
l-isued..
2d M., or when issued..
1st mort
California Paciflo
Pensacola
I
2'«
5
Debentures
46
Bnir. N. Y. A PhUadelphla
2=,
1st
9'»
16
«
20
32
fO
55
94
Atlantic
4
76
Western, 1st
6
79'a
69
lstmoit.,6s
"n
'*.
58
VA
w.,s'k:ru8tcer.
13
^
I
l'a St. Jo.
A
S
20
Denv.A Kio Grande— 5s...
19 "9 St. Jo. A Pac.. 1st tr. cer. 113
Denv.ARloGr.
2d lr'.:st cer
43",
"SH 6
Kdl.-*on Electric Light
63
Texas A Pac— Scrip 1884. .82
Subs
60
Old scrip.
88
W
Pl.Worth A Den. 0. R. St..
Georgia Pac,— IfttM., 6s
2d mort
New sci-lp
1»'4
97
40
110
961^
Kans. A Neb.. Isttr'tcer. 108
2d trust cer
43<s
Keely Motor
6Hi
Lonisv. A N.— Aiij. bonds 75
Mexican National
2»<
Pref...
10
let mort
M.K. AT.— Income scrip
19\
N. Y. M, Uu. Tel.-Stock.
61
8
80
Incomes, a"8, pd
6s, Isi luort., in Texas..
Gen. lst,id.gr.A incas.p.
VIcksb. A Meridian
Pref
Incomes
....
I
84
Virginia Mitirml, 6s. inc..
West N. CuroUna.— 1st 5t,
IS
.....*
34
Tex.A 8t.L.,MAADlv,asp
1
M. A A. Div., ist muit.. 15
Ist mort
39>a
til'v
n't
Postal Tel. A Cable—Stock
31'« Southern Tel.~St->ck
1st rnoit. bonds
State of Tenii.— Set'm't.8(.
ttettiement, 68
94 >a
33
3
A
A
Postal Telegraph— Stock.
3'4
4
mort
Pittsburg
46
79111
7a>a
9
141a
.
20
l'a
S
30
16
a
S
1
8^
3
Wi
10
60
—
.
JCN£
!
1
I
i
1
THE CHRONICLE
30. ISfS.]
739^
ABSTRACT FROM RKPORTS OF TUB NATIONAL BANKS MADE TO THE
Ve/MtiU,
iluy
OapHiil.
U
B s
6, lfl83.
^
M
7
4''
:,
;l
mm
other
ItliiiiU'
l|
151. 'HI
4,il'-'l,(ii:.
321.711
4,:tsl.ii-r.
4-. 71':
71, 707.,Ml.
4S.t74.iil(.
I"
\-^.. i;m Lii;:,
1
111
..
»,'.li4..^RI
3.473, flIS
ll,3l.'•...^37
It.wtim
Miipc.,
*
1.477,01
111
.1
iHliinil
i;
!
•
•
«,l(i3,0O0|
Vi>riiM)iit
dlt-
<t
TrtDUHru
couiiU. (Incl'g OOlit 0. II.
attrdruftt.) cerUtltaltM. etrtijleata
OlAtr.
I
S,4«»,2S3
10,360,000
71
TXER MAY
<
'
10,«0S.141
8,2,12,6
III
'J
I
9
I
'Lnj.tmd'ri
Tmi
I
-f
r
M. ttfw.
I
552,078
8.010
49,4.59
1>)7.3>.'.
i,(i:o
5:).
110
J12
i0
-.11
I
111
•ill •';!
11,
ia.'>.liU3
1
6, 188B.
Mirer
SUiat.
\
IiutiiiJiial.
N.lliiiii]Mblre.
M
Loan*
Surjfliu.
I
*
Malnn
(
1
,
:83
13
.
23'...;i7l
1
c.
:74
.-i;
|g L'ouiii'i'tli'iit.
I
Total DIv.No.l
r
Npw York City
£
•O
•0
5
R
M
I.
f
4t
4<>,'.<blMHni
Plilliiili'li>iaii..
PlttHlmrK
Pi^mm., otlitT
Total Dlv.No.l,8-.23,l»!)3
,
11,713,2(10
2,709.0»0
1.125,000
252,000
3,246,300
2.01 1 .000
Dist. Col., otli.
lOH
Total Dlv.No.3
G(-orj;la
Florida
Alalinnia
Misst-i^ippt
\< >\
>i loaua..
(
l."il,,-I.UlU,Otll.
;,t)o-^A>iri
3,2»5,3»o
1«,735,147
113,738
3,35S,11M
(tO.OOO
720,311 G
7.344,«2i
2.315,141
7l,j;il
1.177,113
80(t,7J0
e.5»0,o«4|
164.68191
16.1..>.
22,640
230..'i40|
33,8:4
120,8-JO
aos.ois
40.000.
lO.OOOi
io^^if
3,26I.UK)
230,9.5J
3,013. 3(il)
76,236
108.074
221,124
19.914
65,472
36,508
1,710
43.600
319J548
253.563
134.516
206.760
68.380
1.048.701
l'6i',2J3
7.97UJ
772,8-'!'
•.;4,8.->3
132,170
77,673
9,2 77,
133.;
416,42ll
88.6401
510.178'
77',42o'
73,317
17,890i
190.37ai
461.891
18,200
44.190
32.380
10,392
177,962
42.112
47,467
74,243
221.718
90
Milwaukee
Wineiiii.-iiii.otli.
L
Total l>iv.No.5
f
Iowa
't,'
il».8(»0|
1,308,1144.
l».52:-l,5-.".''
4,2>l,99-2
9,766 .001
•<
l'l.l->9.«iio'
]9.:<7l,.'.54'
2:'5.5S9.
202,360'
591,000
68,160
268.398
2 7,3 i 5
'inlii'io
216,103
130,000
26.9. >J
5,27iil
172.73'^106
4,898,h53|
I ,ia0.0t0
209.41.'1.|:i1
|
97.019
1,6-U.()»8
243.8-'ll
231,709
11,337.712
3,250,0001
411,705
386,757
25,659.3111
196.0461
37,794,
3,8o>
3,20.5,000
12.^1,091
8.380,094
7,106,358
74,236
29,000
316.814
409,081
1I_K424
78.041
101.295'
89, J 30
13,347,102
3.02 5.874
49,:<79!
4,8-'0
7;l.oOO
119.HJU
5,142,5l.ol
2.3oi'.O00|
a9.inu.0.i2|
7,300,470
San Frnnciseo.
135.530
973,061
Washington T.
Total Div.No.7
l
11.
11
1,-'-
l..:i...ia5
427,,'.56
903,136
510.J34
306.704
5.687.627
13,310
450,171
23-i.2!l3
7.930,'
9.180
I,26»
3,246
61,491
11,439
21,088
98,929
2,040
6,370
'8'.3'l6
""520!
40
30U
033,451,
UA.hiA
9,98l.0O'?
27.0
330
4 .-,157
348,463
]s3,2id
1.799,304
5,918,518
2,013,894
1.87-*. 2in
5,412,074
2,213,033
1,207,010
78,900|
r)ri'u'ou
302,3fO,
87.4 14,9191
:.'.o'm9,781
231,851
501, 7S0
C'alKornla.uth.
9,13.),42S
212,308
883,082
•J5.0UO
10.1.211
22,200;
2o,26'>,71-l
4.324.780
1,097.843
323.800
418,099
559,133
1,74U,94U{ 5,843JJ55
278.1106
Nebraska
Dakota
imo
8.130
150,960
27,320
3,000
20,460
80.0-0
1(1,2:10.000
» Kansas
Div.No.6
63.4331
359.8OO:
6."i0.000
.'.770,1)00
^
?
Nevada
77,570|
51.610;
3
47
Missouri, otU'
Totivl
110.000
10,174,200
S
[
6A2a0|
8,614,763
29,S33,7u;l
97
Sr.
f
2.8>i8.0Dll
76,5li9,'.
ifl
3li,S<:6,9711
2,03O,OOO|
u
Louis
2,i2I>,
31.560
44 110
12.5,296 1,316,790
77.O80,
28,147,818
U,7i4,207
10,504,361
60
....
\>\
ll.f;89,500|
ll,7i.'»,400l
13,.146,.i00l
^i.:'
12
151
5
^
o5.U2i-.13-.;
42."',22i|
12,438,l>99|
Chioajrtt
iLIiiioU, otliur.
Di'-rolt
Mii-Iilff'ii. otlier
<§ Isi'lhina
8 Minnesota
l.«Viii,0e3
^
i:;,'i-'0
«,74l,'43rf
288,4,n
ISii
184,651
220
i
...
i;;'l,'..00
5.760
417.l'.iO
Teiiiieti.Hoe
Ohio, otllLT
1
14,74.)
n*,D<i2
11.240,.'
('U'vclaiid. .. ..
15,710
514.307
2,400,711
I-<'',U2,"
.'.•11.1-7
isr,si3
341).2t>8
«
979.4801
'
13
-.18
.,
3,010,30(1
4i',.')70,»7l(
11,081,313
69,014
8,4UU,»34
1>.
235.
4.51(:
llO.CO'i
31,2.50
93^,400
:fs. i-.i;.uiiii
9-.!,
|
3.40.'
7->2,14«
1-J
-.17
693.7901
11,730
8,D21.«ii«
;i4ii
11.,
67..V03
2,986,974
8,057,390
Clncliitiatl;...
ill
1
4,S11,30<>
;"i.l)12,:i00
Total Div.Xo.4
1
4»i;2H7.1(i:t
»,ti2!j,9i)0
l,-\ ;;i« .. ..
f
£
S
*
2
C".
_ 5!l.7i>2.7il
Kfiidicky.otli.;
J...
5
4 19.11KJ
170.769
::i
12,785.;
1,431,(
7,9x4,1
15,444.:
l'r\:(~
A-lv iii-.l.S
.
l>:-.,-,o.-,
2'JO,ii7.'>
2,401,000
1,035,000
2,430,000
300.000
1,835,000
430,000
8,525,000
100,000
6,676.100
705,000
3,531,500
SouiliCvroliua
—
29,4. i'l..")?;!
61,201.(111
2.->5,4.'iH
676,000
3,091,710
780,521
304,500
•J2,880.i):»O|
!!
Xorth Carolina
S
22ti,2»ll
2(..33ft,.^3.'.
1
fc VlruliilH
West Virfflnltt.
gj
S
«d,130,3'<lt
:<..'il6,814:
•.HW4,.'i-t;<i
Dalawiire
a
S
3,76i,3HM!
»,3ai,H03!
1.1
• Baltiiiiorft'.. ;.
•^ Mnrrlaiiil.otti.
\Viia)iliiKtoQ ..
I
^^-
Alliimy
N. York, otlier
New Jfrney. ..
^ Ai'izona
;
Colorado
250,000
20,000t
2!t2.300'
..
Total Div.No.8
6,013.00ir
lilulio
Alontana
«
2
I
New Muxioo
Utah
.
Wyoming
Total forU. 8...
800.000
_
2.li7a!5-i5.19.y!ft77'
9,096.065
426,084
4.858.382
1,595,213
1,207,694
1,340,9 if.
406,650
7,301.610
7.660
9,890
70«.,T20
351.727
400!
l'2t!',65'i
5,401.217
1,426,0)3
1,.>80
2..0
35,976
297,743
77,348
9,046
86,700
18,.514.31)6l
1IK.733
995.000
1,965,000
1.750,0001
650,000,
600,0001
e
ir
",
139.2831
260,300
134,0001
1,837,X88I
2o2,8S7
80,544
"".5
1,197,811
,
156,268
1,831,964
1.610,46
17.H02.83:-
143.103,770 1,035, >.0J.rw.a;i5.O21. 230 r724l7-150.i!41
1,150
3,210
80
51,610
60.2x0!
173. --'HO
1^.1601
1,212,433
<«l54 1,1 12 77^412.160' 9:^27.047!4.l:^.^. Oiil96.47
I
|
1
.!;9»
8TATE.MENT OF THE NATIONAL BANKS OF THE RESERVE CITIE8, AND TOTALS.
Totals ron Rksesvs
i
1
RtSO\iTCti.
J_
MW».
jfiii'j.
1
•^
Il«tf8 aii^9D
Loans
a3-e» la^Bi
Bonds for oinmtatlon..
•23
«'i»
Other U.S. bonds
3-89 14-49
Stocks, bonds. &o
!J4'41
Real estate
Gold Treasurr cert's...
Gold Clear. House ctfs.
surer coin
Sllrer certificates
liegal tender notes.
Nstlonal bank notes
ClearlHK lloiue exch's.
U.S. ctfs. of deposit....
Due from U. S. Treu.
Other resources
Totals
Mii'J.
7-61
132
3
Jlf(l'».
3487 301
•73
708 617
85
•42
SO
61^31 1I5-80
»43
•10
•45
•48
4^S8
irea 370 l!i53
•88
101»
•44
31
148
•88
•99
•u
•83
-09
•03
•63
•87
08
78
58
68
«•'»
6r-83
17-37
•84
•2S
•7S
•85
•03
3-88
1-75
30'43
•17
a89
•13
•99
68
•67
6'8l!
«1^39
•14
3-ao
-ei
188
a^»7
1^4S
3'8£
•31
«»8
•07
48
•83
19
•re
•86
....
....
•93
•1«
•35
03
16
83
3-77
3^50
l-6»
•08
23
36
03
....
....
•08
08
Ifl!
•01
•02
•4S
•01
193
•88
1^27
•80
04
•28
•08
•83
•02
•03
197 05 43790 13^38 119-48 4488 43-88
iTffl
3-4fl
13
81
»7
131
•74
•IS
•19
•18
3-96
•78
r'98 18-65
3^03 608
•90
3-82
1-8B
9-38
3'24
•81
144
a-ou
•18
i
104
17d
40
48
•22
3-83
•85
•13
j
MH'S. .VW'J. jni'». AfU'j. Mil's. Mil'*. AfH'j.
9-83
3-80
4-58
?5
1
a.
afHi's.
ll
4I
.if
Cirisd, 4C.
M
1
1
5
.Wil-a.
ifil'J.
Mil's. Mil's.
MUiioiu.
1133
4^J-3S
S4l
317
8-38
1'80
36183
66
80
47
•93
•81
•50
•76
•80
79^85
1^78
•81
•86
•80
180
•06
•28
•45
3-31 10-J8
14-71
38-89
193
158
387
•88
•20
•09
•09
7-60
•sr
•IS
•71
•81
•88
1-Jl
•50
•II
•89
•18
•16
..
.
....
OS
•04
•02
•06
•80
•03
•03
.,
•10
•01
....
104
8-80
•65
•89
189
•86
368
388
•17
01
•18
•o»
•10
•53
•10
•80
•04
1J9
•02
•78
....
•81
31
6:
03
•11
•09
•03
1.8
•u
•13
•01
•88
88
13 00
7»3
16-94
680 1173
21
10
Zi
14
88
3-63
20^
14-08
is^oa 10-18 lf71
113
8-60
3-65
•63
.TS8
150
•30
XT»
186
3-.W
309
•80
118
•61
3^»1
•28
•8.
•84
•23
•55
1»
•74
•48
•18
•88
•07
S^S7
•39
•66
•05
•48
•67
•B»
4-78
1 89
651
»
3344 18 59 SI
•05
•03
8968
3103
31-91
74-83
3418
386
Mttlloiis.
MUlloiM.
680 '.S i,a4i4s
33i-52 311M7
16
80
46-38
136-44
38-88
30-48
3^58
31-51
73-08
91618
49^80
6339
7741
341s
677
•,•33
32a
•91
47-83
41s
7784
1089
3951
1384
ri^
aoTs
1^«1
7a«
18-80
68
4-88
1068
3167
19^13
ia-47
siris
•01
10 51
343 1,09.1^ 1,43 139 •J,3466S
UabaMf.
Capital stock
Undivided proUta
so-w 4693 1-75
11-35 aaai lis
10 80
•2A
ii-78
2'i-.'ii
Due
todeposltors
XMherlldblUtlas.. ......
ToU's
10
09
774
isom
3^88
oa
•8 J
137
l-3«
8-05
74-81 -.23660
3410
9-38
90 13-2H
3-38
83
1-49
•10
314
•61
'60
•88
i^se
3-78
3-77
3'37
1831
019 3697
7^!«
.5^93
l^Sl •iH-78
s^afl
45
45
6636 30 3U 18-85
ll^OS
•13
13-7B 300 319
184
18
•03
•08
4S
11948 44^M 435-.J iK> 3081
•85
14-08 :j3-44 l«SSO
STm
13-98
3*
89
18188
3928
aoo3
6888
5-i'JH
34048
•04
3-78
7-63 llTfll
»43 i.ooia*
34353
S.'it;
3^J3 20
14.
no
3930
6013
30-587
373-89
33s 61 t.03V88
40 30 asfos
7-W
10r4«
3.34e'«8
:
:
:
THE CHRONICLE.
740
[Vol. XI*
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 operation, 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
must
%^ilvaa& %ntcXliQeuct.
exhibit of the
The Is VBMOBs' SUPPLBMBHT contaifis a complete
Bunded Debt ofStates and Cities and of the Stocks and Bonds
is published on the
of RailroaiU and other Companies. It
February, April,
iiut Saturday of every other month-^z..
June August, October and December, and is furnished withto all regular subscribers of the Chboniclb.
are sold to subscribers of the Chboniclb at BO
per copy.
eerUs each, and to others than subscribers at $1
Wt extra charge
Jftrtro copies
under
$216,711,725, as
ASSETS.
2,C58 miles railway and appurtenances, including eteam-
and
telegrapli lines
$1 15,173,416
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
slilps
aero
Amount in bands
of
Government
dividend on capital stock of the
Balance due on lands sold
Land grant bonds in treasury
Outside assets
ANNUAL REPORTS.
to
pay 9 years 3 per cent
company
42,799,474
14,288,288
2,078,286
728,500
6,643,739
Canadian Pacific Railway.
Total
assets
$216,711,723
1884.)
December
31,
(For the year ending
UABILITIES.
The adjourned meeting of ghareholdere was held in Montreal Represented by total liabilities amounting to
$106,914,303
June 13. The Montreal Gazette said of the report of PresiAs under
dent Stephen " The statements submitted at the adjourned
$65,000,000
annual meeting of shareholders of the Canadian Pacific Rail- Capital stOfk
:
war Company lield on Saturday mirror forth very clearly the
Of the consequence to
poeltion of that important enterprise.
Canada of the railway, of the marvellous energy displayed in
its conslruction, of the confidence manifested in its work by
the chief promoters, and of the pluck with which serious
obstacles have been met and overcome, nothing need at this
-'-
Canada Central bonds
1,823,333
Quelieo province (due on account Q. M. O.
&0. Eiiilway
3,500.000
Dciminion Government loan
26.007,512
Land grant bonds (outstanding)
3.688,000
Floating debts
6,893,461— $106,914,308
"As tlie shareholders are already aware, persistent efforts
of the enemies of the company at home and abroad to destroy confidence in the enterprise have been so far successful
that the $35,000,000 of unsold shares of the capital stock of
the company have become practically useless as an available
resource. The directors have in consequence been obliged to
tlie United
gome 140,000,000, in Canada f 15,000,000, and
States $10,000,000, while the oriRinal 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
And a measure is now before the Dominion
fact that to-day they hold a larger amount of the stock than to the company.
Parliament which provides among other things for the canat any previous time.
" The close of September is named as the date of the final cellation of the $35,000,000 of unsold shares, and the substitucompletion of tlie 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 payummit 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 reducprovided 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 prois 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 remainthe 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."
* *
" Should this measure become law, the position the company
of $2,400,000, while in the first twelve months succeeding the
opening of the line throughout a gross traffic of $13,000,000, 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; \Vm. C, Van Home, Montreal; Rich- It will own 3,299 miles; and will hold under lease
695 miles of
ard B. Angus, Montreal; Edmund B. Osier, Toronto; Sand- fully 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 steamMartinsen, Amsterdam and New York. Hon. W. L. Scott
ships on the great lakes, and an extensive and well-appointed
Erie, Pd.
George R. Harris of Messrs. Blake Bros.
Co ' telegraph system, with power to extend its telegraph lines to
Boston.
all parts of the country.
All this property, together with cerThe directors report has the foUowfng
tain outside assets, in all valued at $230,960,585, will be reprePROGRESS 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
for which dividends for seven and one-half years will be in
rail
connection from Montreal westward for a distance
of nearly hand.
8,500 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
I-rary 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 plishment of the
national and political objects which the Govthe track, near the summit of the Selkirks.
a distance of 203 ernment of the Dominion
had in view in subsidizing and aid'•emaining gap between Montreal and
^.,
the
P.';t?;. Ocean),
n* °"v the work is so far
ing the construction of a trans-continental line through Canaracific
advanced as to justify the dian
territory the company wiU then have fulfilled all its
expectation that the rails will be laid
before the end of Sepobligations to the Government under its contract: it will be in
'.'^' 'r- --^ *<> -<» o^ the entire the same position as any other purely commercial enterprise,
and will depend for its prosperity upon the development of
FINANCIAL POSITION.
.,
„,
traffic and prudent management.
The value of the property
financial position of the company
''!
it
m«i"hrTl?t"''^
as an investment must then be measured and determined solely
tl-atat
the beginning by the amount
l'"^'"'ru^"'^''"''"^'^°We™
SYhil,r *"*'''"
of
money
it can earn.
''""'.ained in the hands of the Gov!
SJnmJ^ an unexpended cash
The following results of the operation of the railway for the
wnment
balance of $8,033,082, available
last two years have been obtained from it as a new and incom°"{ "nder contract with the Government.
Ths plete railway,
^!i.
in partial operation, and having to a large
'^^ '"?"^"y. ^t^ted, is sufficient to com- extent to createonly
Sete U.e wort'^^
its own traffic, and that, too, during a period
'""""'""« *°
'1°°«. according to the terms
5f the^ntT^ct
of unexampled commercial depression
But necessarily, " the directors
EARNINGS AND EXTKNSES.
have made durine the
18f3.
1884.
Passengers
$1,464,631
$1,930,902
Freight
3,755.915
3,410,365
Mali
69,1(!9
85,736
Kxpross
57,171
95,671
Sleepiugcarg
24,071
43,492
Mlscen.aneous
52,790
134,352
dav be
said.'
"
»
*
»
»
*
m
;
;
:
:
&
;
'
:
,
;
^^h^^^S mLr
*5T
mm
^
«^.kI
'^'.
'"^' """ **"» "um,
fct''?;r?t:;r''add'l[i^';t"tont^
It
wi
•^^'^^
1
be noticed arcoiinta
show^Se^bSnt
made; additional faoilitiL will 1 ^'•""P™"'* ^'e now being
'^ h"^* *° ** provided
imm^
diat*lV and the
<"»i*iy,
tlu. mnM
^
usual improvements
incident to all new
W
Total earnings
Expenses
ISetearnings
$i,423,695
4,862,552
$5,7.50,521
$561,143
$1,191,890
4,558,630
" Constniction material included in above earnings
$1,274,000 gross
;
1884, $623,193 gross.
:
1883,
:
:
Jdnk
THE CHKONICLE.
20, 1886.]
" Tbo amounts included for carriage of oonatruction matenot aiTcct the net result, as it wns carried at abaoliite
cost, and such cost in included in the oxpcnscH.
" 1 hiring the tirst four months of tlie present year, 1886, the
earnings and expenses have been as follows:
rial <Io
ITtt
Monjh.
Xarninga.
Erptntn.
tamingi.
Jniitinry
$<l2!l,7e4
1113:i!l,(IAH
Febrimry
401,a()8
334,a(ll
*»4,70!S
67,l4fl
March
48U,)ai
892.141
8«0,H2I
367.770
:I3I,2(U
JZ.OOO.SGS
iill,40l,fl21
fAOl.744
April
Total
"There
128,527
thus shown an improvement in net results over the
first four montliR of la.st j-ear of !l!922.0H.
Tlie amount of construction material carried this year IxjinR $139,818 gross, as
compared with |106,120 gross for" the same time last year,"
is
Cincinnati Hamilton & Dayton.
(for the year ending March 31, 1885.)
At Cincinniiti, Ohio, June 16, the annual meeting of the
stockholders of this railroad company was held, and the Jewett
board of directors was elected. Mr. Hugh J. Jewett diil not
vote Ills proxies, but his board was elected and he was chosen
President. From the brief report submitted at the meeting, as
given by tlie Cincinnati Commernial-GazeUe, the figures
below for 1884-8J have been made up in comparison with previous years' statements:
GrossrcpelpU
Op. exp.
(lui'l.
taxes itliisur.).
1882-<)3.
18^S-<i4.
1884-8.'5.
$3,088,407
2,100,016
$3.0I1!,401
$2.8(15.933
2,083,70S
l,8tl.'^71
$988,391
$958,755
$1,021,662
$M2,096
$509,840
132,01,">
i:!i,015
7,630
6,185
$503,208
132.017
10,650
$i51,741
$336,6J0
$618,010
$310,715
Netearnliigs
Interest on Imnils
Divs, on Dayton A
MIscelUiueoiis...
>
.
:
Ml'jli.
stock
$645,933
$378,728
From this deduct also dividends which have been paid during the year upon the outstanding preferred and common
stock of Cincinnati Hamilton
Dayton Railroad, viz.
Six per cent on preferred stock
$26,940
,
Six per cent on oommou stock
21 0,000
Total aednotions
>"et8iirphis
&
Total
$236,940
$141,788
....,;
Baliince, surplus
.'".
The report says of the year's operations "As compared
with the previous year, there was a reduction in receipts of
:
741
road of the company and ita appurt«nano«a for the
faction of said judgments. J. H. Cheney, the railway company's General Manager, haa been appointed receiver noon
said creditor's bills (with orders to keep leparatn account* of
the earnings of the divisions oast and west of Munoie), and an
order of sale lias been iasned directing a sale of the entire road
and property of the company for the [laymetit of the judgments thus obtained. Fur the protection of tlieir interest*
the property, it is absolutely necessary that the ftockholdem
of the company should take immediate action for the relief of
m
its neceasittee.
" TIlK FLOATmo DIBT
of the company Is a« rolluwa
JndfrmenU
Coupons defaulted .May 1. 1885. on Hmt roortnge bond*
t^fayettfl llloouilugton dfc .MUDoleDlvtalon
Other <lobtH, iooluding pay-rolls
$330,000
of
79,000
„... 230,000
Total
$82.1,000
The (Ixcd cliarifos are $278,500 per year. There are also about $100._
_
000 due niinually on uooount
uoooiint of iirluci|>al and Interent of- Car
Trusu.
Kor the
tlio year to close withju
with line 30 pro«. the narnInK* were (fonr
months estliuated):
Gross revenue
$1,270,283
W
OporatInK expenses
1.023,942
Netearnings
$246,721
The net enriihiKS of the road for the fouryeais ending June 30, 138S,
avernne $2I!7,8U7 per annum.
In view of the oltnatinn, the hoard of nlrcctors of the company ha<
Jiesilred, That the sloikliolilers he asked to pay an aswssrnont of
seven (7) per eent upon the jLir value of the sKiek, payable July 15,
1883. nt the .Mereantlie Trust f 'onipany, In the City of .New York, or,
after that date, with intcre.'it tlierefroiu, with an axreeinMit th tt the
money so advanced, and interest at the rate of six per cent per annum,
shall lie repaid before any dividends shall be decUred or pal 1 upon the
(itoeK of the
company.
With a return and a maintenance of rates and averasre cr.)p s In Ohio,
Indiana and Illinois, $1,500,000 1< a conservative estimate of the earning capacity of the company's road, and an allowance of il6^ pnr cent
for operating expenses, which Is a large allowance after the roa<l shall
have been placed In good physical condition, would leave net earnings
of $500,000 per annum, which would enable the company topayits
Hxed charges and gradiiully refund to its stockholders the money advanced under the assessment suggested.
It must lie reiUBinbered that
$100,000 of the $378,500 tlJced charges consists of principal and Interest
on the eompanj *8 car trust contracts, which in a few yeard will be paid
off and dlschargert. leaving the Uxed charges of the company from
thenceforward at $278,500.
—
Lebanon Springs. The Lebanon Springs Railroad was sold
13 under a foreclosure, at Greenbush, N. Y., for f 1,5.5,000,
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, 3. Y. to Bennington, Vt., a distance of 57
miles, crosi^ing the Troy
Boston and the Boston Hoosac
Tunnel
Western roads at Petersburg.
June
6'48 per cent from freiglit, of 4'69 per cent from passengers,
and of 1 '70 per cent from express business, with an increase
of 16'9S per cent from the mail service, making a reduction
of |170,,')27 (5'81 per cent) in gross receipts, while there was a
reduction of §340,91.5 (12 '07 per cent) in the entire expenses,
Mexican Central. The Boston Herald reports the following
resulting in a decrease of 3'80 per cent in the proportion of
operating expenses to earnings. There was a continued in- learnings in April, and for four months from January 1, 1885:
.
1885.
crease in the profits from the operations of the elevator properApril.
Jan.ltoApr.30.
ties, while these facilities have resulted in much benefit to
Gross earnings
$308,391
$1,270,247
the traffic department." • * *
Expenses
171,515
6ti5,708
,
&
&
—
.
GENERAL INVESTMENT NEWS.
Bankers'
& Merchants' Telegraph.—The lines
of this
foreclosure on
comJune
pany are advertised for sale under
Bond and stock holders can sign the reorganization
27.
plan at the oflice of Turner, Lee
&
McClure,
Net earnings
Subsidy
$136,876
91,941
$ti04,539
Total revenue
Total revenue In United States currency
$228,817
$196,129
150,OoO
$970,172
$831,576
600,000
$16,129
»23 1,576
Interest'
30 Nassau
Surplus
Street.
*
—
365.633
Includes the January, 1886, coupon,
Central of New Jersey. This company advertises to pay on
Nashrille Chattanooga & St. Lonls. The gross and net
June 30th the interest on the convertible bonds which fell
due May 1. The interest on the debentures, due May earnings for May and for the eleven months since July 1
is
not paid, and the company gives no promise of have been as follows:
1,
<— 11 moi. July 1 to June 1,—
Jfow-.
its payment, but this interest is an absolute obligation, and if
—
.
.
therefore cumulative, as the debentures are not
"income" bonds, on which interest is payable only if earned.
,
The railroad committee of the Philadelphia City Councils
have by a vote of 18 to 6 reported favorably to the application
Ohio road for right of way through that
of the Baltimore
not paid
is
—
&
city.
1885,
Gross earnings
$167,495
Operating expenses.
101,499
1834.
1884-85.
1883-84.
$190,751
105.432
$2,093,019
1,218,205
$2,210,130
1.221,179
$65,9n6
56,529
$85,319
55,080
$874,811
628.140
$988,951
607,815
$9,467
$30,239
$218,674
$381,136
.
Neteamlngs
and taxej
Interest
Surplus
— In the
. .
.
matter of the New Jersey Central Railroad Car
New York Chicago & St. Louis (Nickel-plate).—A telewhich about |340,000 is still outstanding, and the gram to the Chicago Inter-Ocean from Cleveland, C, 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
Dy the interest is continued at the rate of six per cent per five months of 1885, .and a comparison with the figures of 1884.
annum and $20,000 is paid quarterly for the repayment of the The remarkable increase of |14,684 is shown in the first three
principal. This will pay the entire amount of certificates months over the earnings of the same period last year, and the
outstanding in three years.
still more remarkable increase of :f 10,669, is shown in the earnHnutington Southwestern Railroads.— The gross and net ings of May, 1885, over the earnings of the same month last
eamiiiffs in the month of March, and from January 1 in 188.5 year." * * * "There is something in these figures worth
considering
and 1884, were as below:
Trust, of
:
,
March—
1885.
.
.
1884.
(Irotg.
Net.
Oro*».
I^ulfinna Western...
Texa.s & New Orleans
$31,032
Gal. liar.
225,918
$27,243
33,071
107.303
$^9,381
56,440
135,070
143.653
220.573
674,079
71,534
87,458
280,510
Jan
& San An.
1 to
7,='.542
,
$7,749
January
February
16.4!<0
March
Ket.
130,929
51.297
232,408
89,098
670,024
66,863
Lake Erie & Western. An official circular addressed to
the stockholders of this company has the following:
"Judgments liave been obtained against the Lake Erie
Western Railway Company in the United States Courts for
Ohio, Indiana and Illinois, in favor of holders of floating debt
of said company, aggregating about $3.30,000, and creditors'
bills have been filed thereon praying for the sale of the rail-
—
1884.
$247,247
293.212
264.427
2,911
date—
loulslana Western...
Texa.4 A New Orleans
Oal. Bar. A.San An..
1885.
$279,354
247,480
292.816
&
$304,986
$819,650
Total
"Increase for first quarter, $14,684.
February
was
caused
by
snow
blockin
"The loss of $45,732
ades, but was overcome by increased earnings in January and
comparative statement for the first two months of
March.
the second quarter ia as follows
A
:
1885.
1884.
$255,254
$291,000
232,439
221.769
first
for
fiye
the
increase
of
|39,599
makes
a
total
"This
months of the year 1885 over the first five months of 1884.'
April
May
>
—
-
:
.
THE CHRONICLE.
n42
Slupman has issued an
-Keir Tork & »ir Enfrland.-Judge
receiver of the New York
•ttSer allowing Charles 1'. Clark,
coupons due
England Railroad, to imy the first mortgage
earnings of the road
Jalv 1 1S85. The receiver states that the net
the
„^%„ .j^ippt to pay all these coupons. More than half ofhave
.,,,.,
mortgage bonds delivered by the receiver
&
%hz ^ommzvcml %imcs»
^w
„i
I
l.^ n
,
X.
and an order by the
bonds
the receiver to pay the interest on the
longed for car trust
court directs
numbered
certificates,
8,101 to 4,341 inclusive.
Mail advices from Lon7»'ew York Pennsylvania & Ohio.—
to
don report that the bondholders, on the question submitted
stop the issue
Uitm in the circular of May 20 for the proposal to persons.hold-
'Of further fii st mortgage bonds, have voted-1 .24}
hoIdmgf/di),oUO,
•aigtl8,130,000, for it, and some 39 persons,
against it
Bnffalo.— Mr. Cassatt has dethe receivership. Jlr. Taylor says of his committee
is not
Uiat their movement is beginning to be understood. It
made against the Colgate-llewett or Windsor Hotel commitsolely in the bonds and
•.te<s, but simply by parties interested
who propose to protect tlieir own and the interest of those who
CO wth them. Kiernan's Wall Street report says to-day: "The
Windsor Hotel West Shore Bondholders' Committee, W. M.
lient. Chairman, has issued a circular endorsing plan of Taylor
Committee and recommending its acceptance by bondholders.'
New York West Shore &
'4£ned
Ohio & Mississippi.— Earnings
are reported as follows
.
April.
1S85.
Otom camines
for April
and four months
—
:
—
1884.
930(i,476
Jan. 1 to Atyi-lJ 30.
1«84.
188^.
$1,198,735 ¥1,226,016
1,139,690
949.328
,
[Vol. XL.
COMMERCIAL EPITOME.
Friday Night, June
19. 1885.
Trade for the spring season of 1885 may be said to bavie
come 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
to the business of the autumn. The weather has been variViolent torable, but generally favorable to crop prospects.
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, 6-9oc. for August, 7-07c. for September and
7'17c. for October, and spot lard dull at 6'65c. for prime city.
6'85c. for prime Western, and 7c. for refined for the Continent,
Pork is about steady at $9 50(a$9 75 for extra prime, $11 50
for mess and fl3@$13 50 for clear. Cut meats have latterly
—
shown rather more
activity and firmness pickled bellies 53^
Smoked
@55^c., shoulders 4j8@5c. and hams 9^i@9J^c.
hams are quoted at 10@10%c. and shoulders at 5J^@0c. India
mess beef is dull and lower at |19@|21 per tierce extra me^s
quoted $11 and packet ?12@|13 per bbl.; beef hams |18@ ^19
;
Tallow has been dull, but closes steadier at S^gC.
Oleomargarine is quoted at 6^8® Tc. and stearine 8c. Butter
$36,326
$249,407
$13,225
$67,323
Ket earologs.
has ruled steady at 16@20c. for creamery, but the decision
Oregon ImproTcnient Co.— At the antinal election of the that the anti-oleomargarine law is unconstitutional has checked
Oregon Iniproveintnt Comjiany the following directors were speculation. Cheese is dull and his lost jjart of the late ad-chosen: Elijah Smith and William EndicottcJr.i of Boston; vance, and State factory is quoted at
5@ 'i}4c. The number of
Jamf'S J. Iligginson and John N. DennisoT, o/ New York, and
C. H. Prescolt, C. J. Smith, Jolm Muir, D. P. Thompson and swine slaughtered at eight Western towns, March 1 to June
Joeepb Simon, of Portland. This is practically a re-election 10, was 1,737,409, against 1,424,338 at the same towns for the
of the old board.
corresponding period last season. The following is a comparOregon Railway & NaTlgation.— At the annual election ative summary of aggregate exports from October 27 to
'la Portland, Oregon, the arbitration committee reported in June 13
'favor of allowing all the proxies to be voted. There were
18?4-8').
1SS3-S1.
233.oril liharis voted, all of the old board receiving this vote, Porlc
)bB. 34.TaT,4C.0
2i,»i.5.s,^O0
Inc. 9,102,000
Iba. 2H7,627,524
22(!.;41,4f>3
Inc. f>1.086,071
as follows: Wm. Endicott, Jr.: N. P. Uallowell, Charles L. liacuD
Lard
lus. 187,2!i0,215
Iiio. 52,912,968
131,377,247
Colbv, John H. Hall, Ermli Smith, C. H. I^ewis, W. S. Udd,
Rio coffee has been dull, but fair cargoes have been steadily
C. Id. Prescott, Henry Failing, C. A. Dolph, H. W. Corbett
and Lloyd Brt)oke, the last seven being of Portland. There quoted at S%c., and in options the fluctuations have been
was a vacancy in the old Ixiard caused by the resignation of
T. J. Oooli'lgH. For this v.icancy Brayton Ives received IIS, slight, closing at 6-70c. for June and July, G'SOc. for August,
104 votes, bi'ing a majority of the total shares voted. The G-85o. for Sept., 7c. for Oct., 7-lOc. for Dec. and Jan. Mild
directors elected Mr, lliijah Smith President.
grades have been more active and steady. Raw sugars have
^The lease or contract with the Northern Pacific and Union
been very active, and we have to note a further ad"
'Ricific will now probal)ly be effected.
To-day there is no further improvement in values,
Tlie Boston A dotrther reports Mr. Charles F. Southmayd. vance.
;«f the firm of EvaKs, Southmayd & Ghoate, to have said but a large business has been done; fair to good refining '5^3@
that, while there might be techuical objections to what is oj^c. and refined 7i^c. for crushed and GJ^c. for standard
kown as a Ua^e, a contract could readily be made fully as
"A." Molasses is also dearer at 21c. for Cuba 50- degrees test.
strong and binding a8 any lease, and which would serve every
Teas have continued without speculative action, but no furpirpose thereof.
The Northern Pacific directors at their last meeting voted ther decline is quoted.
to make a joint lease with Union Pacific of Oregon Navigation,
The market for Kentucky Tobacco during the past week has
and authorized counsel to draw up the lease.
been a little more active, some 450 hhda. having been sold, of
r ^«regon Trajis-rontfnental.—The stockhoiders, at their which 400 hhds. for Spanish account at full figures. Prices
remain firm and unchanged at former quotations; lugs 6(a7DiC.
*«hnual meeting at Portland, Oregon, elected Mr. A. B. Guion
of Work, Strong & Co., in place of Mr. Brayton Ivts; Mr c' and leaf 7J^@ 12c. Seed leaf has continued very active, and
H, l^jlor, of Edward Sweet & Co., was chosen in place of Mr' sales for the week are 2,045 cases, as follows C50 cases 1884
Whitney, and Christopher Myer in place of Mr. Coolidge. The crop, Wisconsin Havana seed, 6@20c.; 100 cases 1884 crop.
'Oth^r directors were re-elected. Ehjah Smith was.
re-elected New England Havana seed, p. t.;300 cases 1884 crop New
.ftesident.
England, 15@l()c.; 150 cases 1884 crop, Pennsylvania Havana
._t"exas & Paeiflc— The directors of this company have seed, p. t.; 285 cases 18t;3 crop, Pennsylvania, 8@13c.; 100 cases
«Wered the issue of scrip in accordance with the terms of the : 881 crop, Pennsylvania, 5@ lOo. 100 cases 1883 crop, Wisconsin
Havana seed, 12(325c. 150 cases 1884 crop, Ohio (for export),
•mortgage for 13 months interest at the rate of 7 per cent
mnum to July 1, 188-5, on the income and land grani bondsper
5^^@5MC" and 150 cases sundries, 5(a35c.; also 400 bales
of
°
Havana, 60® fl 12}^; and 200 bales Sumatra, |1 25@fl 60.
the company.
Crude petroleum has developed speculative strength, the
Wafcasli St. Louis & PaciHc-At St. Louis, June 13;
theU. S news from the wells not being promising of a large producCourt granted lestve to the United States Trust Co.,
of N. Y to tion, the close this afternoon being at 82,Vi@82S8'o. Crude in
'•'? foreclosure of the first mortgage on the
barrels quoted at 6jB(g7i^c. refined in barrels for export,
^."t.o'Vv
Omaha Uivisiou, formerly part of the St. LouU
Kansas City & 7^@8c., andin cases, gcglOi^C; naphtha, 6;^ c. The specuNotiberu road. The interwt on these bonds
has been in de- lation in spirits turpentine has been active at buoyant values,
foreclosure suit is on the Omaha there having been sales
at 37c. for the summer and autumn
^vi^ionrnlyf"
months, but the close to-day is easier with sellers at 36c. for
-The receivers of the Wabash Railway Co. failed
to nav August and 3C3^c. for December. Rosins are quoted at
"'^ company's main line bonds. ThJy
$1 17i^@$l 20 for common to good strained. The business in
in a c "IT^rt*'.':!'
rcnlar that the continued war of rates,
together
with wool has been less active for the past week.
a large falling off In bnriness during February and
March Tnd
Metals are without feature, except the subsidence of specumore senonsfy still in April and May. will
acdbunt for^nabuTtv lation in block tin. At to-day's Exchange pig iron certificate^
to meet the interest on bondf. They
„^
sav that— ''n„
were quiet and steady; bids $16%@$\Q, and $16^8@^16;''4
ai.p.,intment to the receivership we found
more that «2 WO 000 asked. Tin irregular, but in the main easier,
OpcrallDgeiiieusct...
$288,964
221,641
263,251
per bbl.
—
—
.
.
'
:
;
;
.
<
.
:
'•"
;
^Hf
mr
closing at 21^®
futures.
Tin plate steady at $4 nj^®
Copper steady for Lake at llj^/(ail-30c; Baltimor^
14 25.
10-30@10-3oc.; Orford easy at 10@10-55c. Lead firm at 3-80@
3 95c.; domestic, 4'40c. bid for foreign.
Spelter nejrlected.
Ocean freights have been generally dull, but on Wednesday
there were considerable shipments of wheat at IJi'd. to London, gi^^d. to Liverpool and 3d. to Glasgow per bushel, and
Is. lOJ^d. per qr. to Copenhagen
since which business is qulel;
again. Petroleum charters were fairly active.
21>,^c.
spot, 193^0.
;
.
June
bales three weekH sinoe; making the total
receipt8 since the lat of September, 1H84, 4,713,884 bales, aj^alnst
same period of 1888-84, showmg •
i.?'?,:)-*!! bal(>8 for the
decreaMo ainoo Sctitenilier 1, 1884, of 64,490 bales.
0,06 1
Reetip'jtU—
JtoH.
aal.
OalvMton
1
10
Indlauula. Ac.
New Orluana...
"gs
234
210
Mobile
2
5
2*12
368
14
10
>W.
Thur:
Wid.
Tuet.
6
ToUU.
114
H
33
22
107
Barannah
2«
2
1,011
269
23
S9
61
8
Brimsw'k, &o.
13
3
21
3
3
1
"ei
4S
38
43
29
9
28
15
37
26
20
7
43
3J5
2&6
369
224
6
305
186
93
1,093
2,877
IS
West Piilnt.io
Y'ork
Baltimore
18(!
Phlladelp'a, Ac.
43
Totals this week
3f>2
31
11
*"i
422:
340
462'
168
For companaon, we ({ive the following table showinj; the week's
tatal receipts, the total since Sept. 1, 1881, and the stock to-night,
and the same items for the corresponding periods of last year
1883-84.
It 84-85.
June
Thit
Week.
19.
\
Since Sep.
1, 1884.
143
t alreston
Ind'nola,<bo
New Orleans.
22'
Br'gw'k,i&o.
37
26
Cbarleston...
Pt.Roj-al,*o
11
171
1,950
4.72.°^
256
363
Boston
Baltimore
FUladel'a.&o
305
186
S8
42,837
651,925
8.084
416.813
13,697
91,709
12,588
577.347
221.953
107,600
178,596
29,963
431
18
265
95
325
126
62,8."i&
4.777,380;
1834.
4O0H
3,467
41
62,247
7,281
2
2,161
789 1,510,831
108 252,477
2.S77 4,712 «81
7
H'beadC.,Jbc
Norfolk...
W.Point.ic.
New York...
1885.
589,545
8,474
1
7,463
03,606
9,62!
550,738
232,918
67,983
82,497
41.304
51.340
Wilmington
Total
432
455.52C
10,942
UtoeK.
I
Since Sep,
1, 1883.
Week.
228,9G6
77.670
720.390
9,747
510.924
23
99
SaTannah
. .
TkU
1,041 1,511,243
263
Mobile
Florida
74,355
5.086
793
2,161
2,620
573
859
1,S54
1,618
285
260,073
6,310
5,982
8,577
251.431
6 310
5,756
9,701
\
Galve8t'n,Ao,
New
Oi'leans
lo
I
IX arnoiintH of cott'in
!.-•
On SMpboard, not ettartd—ptr
Jobs
Ltawi itf'
at—
19,
Ortat
Britain.
NewOrluan*..
Mobllo
CharloHton
8,1 5.^
None.
None.
None.
None.
None.
10,500
3,000
...
.. ..
Oalrerton..
..
.Vorfolk
Mew
York..
..
Other ports...
Total 1885.
lOtsl 1884
rotal 1883
.
.
Ffance.
(Mhtr
Foreign
5,230
None.
None.
None.
Ootut-
1,967
445
None.
Nonr,
so:
It
None,
None.
None.
10,707
None.
None.
32,921
1
200
None.
None,
None.
None.
None.
7,402
None.
300
10,655
6,08S
9,669
509
7,436
15,876
736
354
1,54.1
I.S54
658
None.
Total.
wtst.
I
5I.450
7.281
2.161
2.1ia
50
672
3,33fr
1,8A*
None.
18.102
3,300
I
I
)
241, STl
18,47»
82S,S4(K
350.4 3ff
1 1,-161
I
4.934
3.947
23,511
I
37B,11&
I
1885.
1834.
105
1,041
269
99
63
Mobile
SaTannah....
fharrsfn. &o
Wllm'Kt'n,&c
Norfolk, &o..
7
621
612
All others
1882.
1883.
433
78 J
108
431
171
IS
1,509
3,597
302
1,541
360
332
176
882
2.41Z
4,056
There has been in the week under review a .sharp decline in
cotton for future delievery at this market, the progress of
which has, however, been attended by frequent and so.ne what
irregular fluctuations. On Saturday last there was a shtrp advance, caused by accounts, which seemed to be well authenticated, that the crop in Texas had been injured by worms. But Liverpool and Manchester refused to respond and under a pressure to sell there was a decline from the close of Saturday to
the close of Wednesday of 13@ 17 ponts for this crop and 11^'
13 points for the next. The speculative interest was at timea
strong in the winter months, with August options also freely
dealt in but at the close on "Wednesday September was a loading 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 ii»
the latter dealings there was a sharp decline under a fresh selling movement. To-day the market was again lower, but wa»
feverishly active, recovered part of the early decline, but
again became weak and unsettled. Cotton on the spot hasbeen active for export with a good business for home consumption, 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 consumption, middling uplands closing at 10 7-16c,
The total sales for forward delivery for the week are 396,000
bales.
For immediate delivery the total sales foot up this w^eek
13,280 bales, including 9,660 for export, 2,620 for consumption,.
in transit. Of the above,
bale*
for speculation and
were to arrive. The following are the official quotations for
each day of the past week.
•
;
•
—
—
UPLANDS.
inon Tnea'
1881.
we
Sat.
Sat.
Ordin'y-V*
8%
8««
Strict Ord..
813,6
1830.
Good Ord.. 958
Str. G'd Ord 10
LowMidd'K 103i«
Str.L'wMid
553
825
2,216
2,933
3.980
4,654
367
661
884
2,882
3,217
1,982
1,281
10
351
4.236
8,467
Middlinc.
Good Mid..
10=8
101318
G'd .Mid 11
Mldd'g Fairi 1138
Fair
12
Str.
I
816
1,631
2,993
640
75
3.1,52
12,000
NEW ORLEANS.
June 13 to
June 19.
361,581
In order that comparison may be made with other years,
^ive below the totals at leading ports for six seasons.
BeceipU at—
i
ti
....
Charleston
Pt. Royal, &o.
Wllmlntrton
MoreU'd C.,Ao
Norfolk
Seeeipts to
us
Savannnb
143
22
23
Florida
M'
TiS
above exports, our tuleanuna to-night alM (tfT*on Mipbaard, not cleared^
named. We add similar flgarM for New York^
at tii<' (.^M
which are prepared for our apeoial use by Messrs, Carey, Yal*
& Lambert, 80 Broad Street.
In
Friday, P. M., June 10, 1885.
The Moyeuknt op the CitOP, as iiidicate<l by our telegranu
from the South to-niKht, is given below. For the week ending
thiii PveiiinK (June 19), the total receipts have reached 3,877
bdlw, aguimit 4,7;29 bales last week, 8,017 bale* the previoua
week and
«
THE CHRONICLE.
20, 188Q.]
COTTON.
New
»
)
8»,6
8o,a
9»i>i
I
!
lOiSia' 10''8
10%
|10l6,a 1016IJ 11>8
111,8
Ill5,e 115,8
U^ie
12i,k
llHi«! Ul5i8l 12>8
I
Wed
Fri.
101,8
10%
* ?
9»'i»
lO'ta
lOH
109,8
1011,8 10il,»
lOTg
ICs
ll'l« 11M»
I17l9 117,,
121,
lihe
lUl« ll>a
I
117,8 \l\H
12'i«
I
Wed Tb
Ordin'y.sib
StriotOrd..
Good Ord..
im
8'l9
8'e
9>'ie
!
i
1
I
noD Xaea
Sat.
8^,8
S13
8 '8
%',°^*
9>iip 9%
lOlie llO^
1038
107,8
109,8 il0»8
lOll,, 10%
ID'S ,1015,8
87,9
8'»18 8 'a
8%
911,,
»\
99l8
9i5,gl
iat,«
910J6 10»8
IIOI4
10>4 107,g 1038
101,6 10i>s
109,9
10.. 1,
;109,8 109,8 10%
8%
i
TEXAS.
Mon Tnea
'
WwU.
Til.
838
838
8>4
83,8
811,8 8IIi« 8»s
813,8! 8l3,t
»>«
9>«
938
938
97,8
? r G'd Ord 973
978
10
913,8 10
LowMldd'g 103,8 103,8 ]10»8 10»ia 1105,8
Str.L'wMid 1038 1038 100,8 lOij HOi«
Middling.. .tl0>a
lOig '107,8 1008 '10»8
Good Mid.. 1011,8 10111,8 10«8 10i3,8lOia„
Sir <}'dMid lOTg
1078
1013,8
Midd'gFair III4
113,6 1138 [1138
Pair
lll:i.«l 12
1 1 T»
117j
.
12
8 "4
i
I
!
I
Tot. this w-k.
2,377
4,725
12,395
13,869
23,470
23.511
I
j
S>>pt. 1. 4712,8^4'4777.380'5S81.5Slk611,199 5646.168 482.>,077
UalTe8U>n Incluiles Indlauola; Charlesum Inoludes Port Royal, &o.;
Wilmin(ftou inoludea Morehead City, Ac; Norfolk includes West Point,&o.
The exports for the week ending this evening reach a total
of 23,201 bales, of which 13,805 were to Great Britain, 1,847
to France and 7,609 to the rest of the Continent, while the
Stocks as made up this evening are now 361,.56 1 bales. Below
iu:« the exports for the week and since September 1, 1884.
BInoe
I
1
im
.
.
STAINED.
Good Ordinary
8„rlot Good Ordinary
I
I
L«w Middling
irok Enilin^ June
Sxported to—
SxporU
tram—
Omul
g^,„
Omtlrraiue nent.
19.
Tbtitl
1884, to
Weak.
Oreat
Britatn.:'^'"^
lG7,it4S
2,1»5
Orleans..
1,
8.409
oaa.oa* 8S7,b67
Mobile
Florida.
Cliarlestoo*...
8.5!»
17B.903
164.211
WllmtQKton...
S1.S2-3
BaraDDah
Norfolli+
Haw York
9.88S
Boston
S.I77|
Baltimore...
IJSil
...
.
6,17S
SO
166
Ptalladelp'a,&e
Total
l.Si?
7,609
10, 1886.
JUddiing
10,883
S,227j
!27|
1,476
8IS.2H0
434.242
123.875
120,348
I
nenu
!
ToUiL
230. «02
S2'i,83e 1,297.839
43.830
890.8S'<
6.SW
199.290
153 515
14.040
25,870
42,788
ifli.flsa
8,087
ws mi
8»g
97,8
Il0',«
1
I
Wed Th. VM..
I
T's
S»»
89.
9»9
97,a
101,8 110
'I*
89,8
!
10
9'V
The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenienc«> of the reader we also add a column which shows at a.
glance how the market closed on same days.
8,58'.
ii.mw
23,261 8,S5t.«39 382.749
3.237 13.431 si.an iTw.2t2
Total l(«.r«4 3ft J49
* Inclndes e<p<irfs rrom Port Kuyal, Jbo.
t Includes exporu from West Pulnu Ao.
OotUi-
64,143
Toea,
7i»i8l 715, si
MABKST AND SALES.
700
fisjtsa
13.805
June
SHu
9>«
llQle
Sxportsd to—
OalTeston
New
From StpL
non
Sat.
»H».' 8
389
83U,9t5
83.883
843.805
8.V,«n
128,414
40,871
6,816
181807
(U404
SALES OF SPOT AJID TBASSIT.
SPOT MARKET
ULOSKO.
aat.
.
Firm
Mon
.
St™dy
at 1,6 deo
Con- ^i>e«-' IV,
port, iwnp^ui'fnl
Er-
I.6OO:
4.050,
.Ift.^ady at
rtiiirg
l„ dec
Quiet and steady
Fn. .Weak
at
>„deu
285
6OO1
300
Tues.'ciuiet
Wed
1
1,410
2,000
600,
230!
495'
710(
^X
....
....
....
....
....
....
rirruKBa.
Delim-
Total.
Salei.
1,885
4,650
61,500
49,700
38.100
74.300
300
1.140
2.4?5
1.310
52.S0O'
79,«00
1,40»
1,00(>
1,106
eoo
994,123 8.731,311
I>e9fl2l3.«(>l.l97
TotaLl
P.6no 2,620
..
1'J.280
356.000
The dailr di-ltrennsi driven aiiore are actually doUvarod tU*
previous to that on wtdcb tbey are reported.
i.VtO'
day
..
:
THE CHRONICLE,
744
[Vol.
XL.
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as foUows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week's return?,
and consequently all the European figures are brought down
But to make the totals the comoleto
to Thursday evening.
Bgures for to-night (June 19), we add the item of exports frcnr
the United States, including in it the exports of Friday oniv.
of Futobes are s^'o^^.^'y *« '*'ll°r
Td Saubb AM) Pricks
In the statement mU be found the
toble.
Ini comDrSTensive
and
of Bales for each month each day,
S&r^^etX pricee
addition to the daily and total
sales.
SSe cloaimt bids, in
O
:
1885.
Stock at Liverpool
Stock at London
916,000
22,000
bales.
1884.
893,000
54,000
1883.
1892.
932,000
57,500
900,000
959,300
395,400
226,400
Total Great Britain stoelc
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
938,000
6,000
45,900
4S,000
1,600
183,000
4,000
63,000
7,000
6,000
917,000 1,039,500
4,000
4,000
68,800
50,800
42,000
50,000
1,000
2,400
2,700
5.300
230,000 158,000
6,000
9,900
71,000
94,000
12,000
17.000
12,000
12,000
Total Continental stocks
362,900
457,500
400
.
.^9,300
2.800
26,300
15,800
1.600
2,300
129,000
2.500
33,000
7,000
6,100
TotalEuropean stocks ....1.300,900 1,404,500 l,434,fl00 1,185,700
344,000
305,000
[ndla cotton afloat for Europe. 206,000
388,000
79,000
104,000
227,000
Amer'n cott'u afloat for Eur'pe
144,000
9.000
361,561
36.009
4,800
Eg3n)t,Brazil.&c.,afltforE'r'pe
Stock In United States ports ..
Stock in U. 8. interior towns..
Dnlted States exports to-day .
44,000
401,626
77,999
3,000
22,000
361,999
39,119
5,200
31,000
351,644
53,10S
5,000
1,997,270 2,280,818 2,493,525 2.158,450
Total visible supply
Of tlie above, the totals of American and other descriptions are as follows
•
—
AnicTncan
Liverpool stock...
Continental stocks
afloat for Europe. ..
United States stock
United States Interior stocks..
United States exports to-day..
American
Total American
Satt Indian, Branl, ite.—
Uven'ool stock
London stock
5,200
291,000
54,000
159,300
341,000
22,000
231.000
22,000
112,900
206,000
9,000
Europe
Egypt, BrazU, Ac., afloat
Total East India,
Total American
4,800
739,000
274,000
227,000
401,626
77,999
3,000
534,000
100,000
144.000
351,844
53,106
5,000
1,416,370 1,407,318 1,722,625 1,187.750
Continental stocks
[ndla afloat for
3d,0OS)
599.000
298,000
101.000
361,999
39.119
685,000
250,000
79.000
361.561
bales
&0
243,000
57,500
121,100
305,000
41,000
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
1,997,270 2,280.818 2,493,525 2,158.450
Total visible supply
5ii,fd.
638d.
PrioeMid.Upl., Liverpool....
Si'ied.
e^eS.
llSec.
lOisc.
New York.... 10T,8c.
125i60.
I^r 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 corresponding date of 1883 and a decrease of 101,180 bales a»
compared with 1883.
Price Mid. Upl..
—
Towns the movement that is the receipts
since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1883-84 is set out in detail in the following statement:
At the
for the
Interior
week and
—
_
o
sT
3
c » aT"
so
.
a>
•
•
a
97
Oo
Q
M Oi M
CO
1-*
S
:
:
:
=5
H
o
SBo
'-i
:
XI*-
£S^t-'H*2B
o?
h-'
ft
I
_;
a oi
H-wci(t*cc^:o
5
cocscto.-.
k-*
cs'— i-co^xo
* »o
=^
•
o
o« a>
3:?= w^tf =2.5 e
s»
=
CO
to
B
c-ig
2-
(
X V-^jOfD C* M p^ CO *- ©JO Cc ©^^ COCi O
(-1
ocl^-(tk-.J©(»-.a.cow^;o-4coo:ocuccx^-CJ»
HW
•^tO
CO-
V
•
MM'*
C«Oy<i-'OiO
toco
*->*
»-•*»
Oil
!(•*-•
1-1
to
to
M *» OiCOO
W tilW
K)
m;
CO
co<
o * MM
00
a.tf'-h-'ODCO
CP u* to ro CO QO
CO
y<
r- -q
iJ"
H W
ato'-'
w;
MCJt centos
•Tiwmie for Si^
m JJJk ,
v'^"*''.
.1
September-November, for November
'""O'^nK the abbreylatlon " Aver
•
M
».C
M
Wp
cy
•»*'h
»00 J»Q. for Feb.
100 Nov. for De*
SI Jj- J«
i^a pd.
to txOk. 100
Oct
for Sept.
i7 pd. to exch. lOO Oct. for
46
Aue
Oct. for Aue
rf^
pd. to exch. 1.000
43 pd. to excii. 500 Oct. for Aue.
•09 pd. to eicii. 100 July
for Aug.
Qq
2
!»,
8-
Ci
iF^osCdCotoao-^^DtccoccfitotocDosocc:^
OtOM
M<iM
MOsiccoaDi-
*H^MOM|tk(jO
H-toc;i
to O: CO •£ CO CO K>»
CO
•^KiOStO**.
•
OD rO
OtCiK.
C/''^>ca]c?'i-*
**.(-i^&if^OlOCJtODCO
KJtt--vlOCOaLiM!aO-^0»»MUDCoCCtOK>
^*-
*****•
?rS
M>
U
10
- — OtOS
M
^ ^--COCDOt^M
M mVco-jw m
'**
*5jr
M®«D^p CO weDC;i«-'p Mp
biVjVo;io^"b-iy"'cc'^a3"io'oo'b"bseoV —
QO -O Ki
<X)
.IS EJ-
Sh
COXl^-^iteMO^COMOl
wo?
O
^
M ^
»«•
en ;
CS-
a:i
1"
i- *1
CO TO OS
-1 1- rf^ X!
CO
The
Ki CO to CO
^ c^
C» Ci CO I-
M
•
tow
^r3O»C0t-WM
Bif*LSSi2.rI:,
IP-
to -q
Oif^oao*
C3
•SSSh
M
M O«C0'
m-ki;
O CC CJIOO.
cp
CO
if I
K
M;
o*
lt^QDO*^>0<lt^CO|^aOt
kOiUrdIO
C;<
So
^t-*
Voommooco
10 QD ;0 00
M 00
!-•
o
"Actual count.
.
t
Xlilg year's figurea
The above
estimated.
totals
show that the old interior stocks
week 7,188 bales, and are to-night
deereasf.d during the
havfl
3,110
9
..
JCNE
s
,
THE CHRONICLE
20, 1885. j
bales lesa than at the
Bamo period
taut year.
the same towno have Iwen
Tl«> ro'-ipts at
of the week, the rainfall reaahinf; one Inch
and fortr-ATe
hundredths. The thermometer hoa averaged 84.
Shreveporl, /yOUixlana.—T(s\e>gTam not rwceivcl.
Meridian, Mf.isi.isippi.—We have ha/l rain on four day« o*
the week, and are having too much rain in some localitic*.
weeds are growing so fast that they are becoming tronblesome. The thermometer has rangoil from 70 to 90.
Columbus, HiHslssippi.-li htiti rainel on one day of the
week, tlit< r.'iinfiill reaching seventy-wn-en hundredths of an
inch. The thermometer has ranged from Wi to S."!, avenuring 79.
S,40r« huliw mure
<iime
week liist year, nmi since Sapteiiilx'r tlio roc.
Ml the
towns are 38-l,5r)7 bales less tlmn for tlie name tiiiie in Ia83-S4
Quotations foii Middu.vg Cotton at Otmeii Markkts,—
i
1
In the table l)elow we give the cloainx q\iotation» of middling
cotton at Southern and other principal cotton miirkots for eaoS
day of the post week.
Week ending]
June 10.
CLOSINO qlTOTATIOXI FOR MIDDIIXO OOTTOJf
Satur.
Onlvpston
Jifon.
Tuet.
10>4
10>4
103,
10>«
Mobile
lOaia
10.1,,
Bitvuniiab. ..
CliarlcBton .
Viluilnftun..
\0\
10>8
io»,e
10>4
. .
New OrloikuR.
10 *
lOkiBSg
10>4<i39
lO'i
Norfolk
Boston
107,
Bnltlinoro
PliUadolphhi.
lOli
ii'ia
10'*
103^
IO'b
10%
Augusta
10i>i
Muiupliis
Bt. U)Ula
lO^g
10:%
Cliu'lnnatl
lO-ig
ll'ld
lOOg
10«i
103^
10%
lOU
ic*
10%
lo^
10\
Wednet.
Thuri.
10»i«
lOi.e
103,g
10,.,
OS—
^
rn.
Leland, Mississippi.—Telegnm not received.
Last week the weather was quite warm, with an interruption of one day's rain, the rainfall reaching 8ixty-one hundredths of an inch. The thermometer raoged from (18 to 08.
and averaged 78'3.
Liltle Honk, Arkansas.— The weather has Ixjen very favorable to growing crops during the week.
There have been good
rams on two days, with the nights warm enough to makevcgetation progress rapidly. The rainfall reached one inch and
sixty-two hundredths. Average thermometer 7H, hiHheat
92.
10»„
10
10
10 >4
103,,
10>4
lO"*
10>4
10>4
IOI4
10 >4
IOI4
10 >4
10>8
10:<|
10\
11
11
10%
10%
10%
10%
10%
10%
10%
10>«
lOV
10%
10\
10%
I0\
u
10u,a
10l<i
101,1
lOHi
1014
10%
10%
10 <4
745
lowest
10%
01
04.
Helena. Arkansas.— It has rained lightly on one day and
liOUlSTllle....
10»»
lOHi
lOis
10<3
10>«
10>4
the remainder of the \veek has bten pleasant. Tne rainfall
Amount of Cotton in Sight June 19.—In the table below reached thirteen hundredths of an inch. The crop ig developwe give the receipts from plantations in another form, and add ing promisingly. We hear rumors of the opfiearance of catto them the net overland movement to June 1, and also the erpillars and grasshopperH, but think them of little importance.
takings by Southern spinners to the same date, so as to give Cotton bloom received on the 16th. The thermometer has
averaged 80, the highest being 92 and the lowest 60.
substantially the amount of cotton now in sight.
Memphis, Tennessee.— Bene&cwi. showers have fallen on
1884-85. 1883-84. 1882-83. 1881-32.
two days of the week, and more would be desirable. The rainfall reached forty-eight hundredths of an inch.
Crop prosReceipts at the ports to J 'iie 1 4,712,881 4,777,380 5,881,551 4,611,199
...
I
Interior stocks ou Juue 19 lu
exceea of September!
22,728
•3,222
71,755
Tot. receipts from planta'tns 4,735,612 4,774,158 5,953.306 4,627,611
Net ovex'luml to Juno 1
598,331
562,100 627,317 441,333
fiouthem cousumpt'n to June 1
252,000 280,000 300,000 224,000
Total In eight June 10
5,583,943 5,816,258 6,580,623 5,292,944
Northern spinners' takings to
June 19
1.306.561'1, 486,864 1,656,427 1,520,211
Decrease from September 1.
it wui be 8e«n by the above that the decrease In amount In sight
to-mght, as compared with last year, la 32,305 bales, the decrease
from 1882-83 Is 1,296,6ho bales and the lucrease over 1881-82 Is
290,999 bales.
Weather Reports by Telegraph.—Although onr telegrams from the South this evening seem to indicate that m
some portions of the Southwest rain is beginning to be needed,
and lliat in a few districts of the Atlantic States there is yet
an excess of rain, the conditions have in general been quite
favorable and tbe crop is making excellent development.
Galveston, Texas. We have bad showers on two days of
the week, the rainfall reaching llfty-one hundredths of an
inch. The thermometer has averaged 85, the highest beino90 and the lowest 77.
Indianola, Texas.- -There have been light showers on two
days of the week, the rainfall reaching five hundredths of an
inch. We are needing rain. The thermometer has averaged
^5, ranging from 77 to 93.
Palestine. Texas. It has rained on one day of the week but
not enough to do much good, the rainfall reaching fifteen hundredths of an inch. We need rain badly though no serious
damage has been done. The thermometer has ranged from 70
—
—
averaging 82.
Huntscille, Texas. We have had one light shower during
the week and need more, but crops are good. Average thermometer 83, higliest 9.5, lowest 71. Rainfall for the week nine
hundredths of an inch.
Luling, Texas.— The weather has been warm and dry all
the week. Rain is needed, but no serious damage has been
done. The rumors about caterpillars are sheer nonsense. The
thermometer has averaged 80, the highest being 94 and the
lowest 77.
Columbia, I'exas.—There has been no rain all the week,
and a good shower is wanted. Upland crops continue good.
Tlie overflow is subsiding from the bottoms, but the extent of
the damage done ha.s not yet been ascertained, still it must be
considerable.
Bolls are abundant.
The thermometer has
averaged 82, ranging from 70 to 89.
Brenham, Texas. We have had no rain during the week,
and a good soaking rain is wanted. Upland crojjs continue
gooJ. The damage from the overflow is much exaggerated.
There is considerable talk about grass worms and careless
worms, but no serious damage has been done. The thermometer has ranged from 70 to 97, averaging 84.
Helton, exas. The weather has been warm and dry all
the week, and the wheat harvest is active. Corn and cotton
need rain, but are not suffering. The talk about worms is not
io
91,
—
—
pects are favorable. First bloom of the season in this district
was received on Wednesday from Bolivar County. Mississippi.
This is thirteen days earlier than last year. The" thermometer
has averaged 79-5, ranging from 65 to 96.
Nashville, Tennessee.— It has rained on four days of the
16,412
;
week, the rainfall reaching one inch and eighty hundredths.
receipts this week are made up mainly of those previously
omitted. The thermometer has ranged from 63 to 92, averaging 75,
Mobile, Alabama.— It rained severely on two days and
there were splendid showers on three days in the early part
of the week, and the latter portion was clear and pleasant.
The rainfall reached one inch and seventy-one hundredths.
The crop develops finely, and prospects are excellent. Ave-
The
rage thermometer
76,
higbest 91, lowest 65.
Montgomery, Alabama.— It has rained on three days of the
week, tlie rainfall reaching seventy-one hundredths of an inch.
The thermometer has averaged 78, the highest being 92 and
the lowest 64.
8elma, Alabama.— It has been showery on two days of the
week, the rainfaU reaching thirty-two hundredths of an inch.
The crop is developing promisingly. The thermometer has
averaged 79, ranging from 70 to 90.
Madison, Florida.— Vfe have had rain on four days of the
week, the rainfall reaching four inches and sixty hundredths.
The crop is developing promisingly, but is a little grassy.
Average thermometer 80, highest 103, lowest 75.
Macon, Georgia.— it has rained on three davs of the week.
We are having rather too much rain, and there" are some complaints of grass.
Culumtus, Georgia.— We have hatl rain on two davs of the
week, the rainfall reaching fifty hundredtlis of an inch. The
crop develops finely, but weeds are becoming troublesome.
The thermometer has averaged 80, ranging from 72 to 87.
Savannah, Georgia.— It has rained on four davs, and the
remainder of the week has been pleasant. The rain'fall reached
forty hundredths of .in inch. The thermometer has ranged
from 67 to 90, averaging 79.
Augusta, Georgia.— tt has rained lightly on three days and
tbe remainder of the week has been pleasant. The rainfaU
reacheil twenty-five hundredths of an inch.
Accounts good.
The crop develops well. Average thermometer 77, highest 94
and lowest
03.
Atlanta, Georgia.— We have had rain on two days of tJie
week, the rainfall reaching one inch and ninety -one hun-dredths. Weather fine. The thermometer has averaged 76'4i
the highest being 90 and the lowest 64.
Charleston, Houth Carolina. It has rained on two days of
the week, the i*ainfall reaching two icches .ind fifty-four himdredtlis.
The thermometer has averaged 79, ranging from 69
—
to 89.
—
Staleburg, South Carolina. It has rained on two days of
the week, the rainfall reaching forty- one hundredths of an
inch. Good progress is being made iii clearing the fields of
'1
weeds. Average thermometer 75'5, highest 88 and lowest 64.
Wilson, North Carolina. It has rained on two dnys of the
worth serious consideration. Average thermometer 83, high- week, tlie rainfall reaching sixty-five hundredth-". The cotton
plant looks strong and healthy. The thermomettr has averest 97 and lowest 02.
W/eatherfoTd, Texas.— yVe have had hard but welcome aged 81, the highest being 92 and the lowest 62.
The following statement we have also received by telegrapji,
rain on one day of the we?k, the rainfall re^<jng one inch.
Accounts from the interior conflict, but <^BHi'' niuch com- showing the height of the rivers at the points named at 3 o'clock
plaint about injury from grass worms. TlSBBw .ir/:)'.;Tv'!- Jias June 1; -J." I'l^ I'.jnc ;» l^>>.
averaged 78, the highest being 92 and the loiTooi Ci.
Jtine 18, '85 ynn* 19. '8*
Dallas, TexaJi.—We have had good and very beneficial
showers on two days of the week, the rainfall re.aching one
Fut. Inch. Feel. /next
Bcktv high-water n^k
7
inch and five hundredths. Crops generally good, but there New Oile.-tug.....
*
6
Above lon'-water mark
20
4
20
t
are some complaints about worms. The thermometer has Memphis.
NaiihviUc. ............ Above Iow-w:!v—
5
»
S
averaged 83, ranging from 71 to 98.
Above low-v
Shraveport
IS
3
23
6
....Above Iow-m
30
New Orleans, Louisiana.— We have had rain on three davs Vleksburg
1
82
8
—
—
I
I
'-
.
r-
:
THE CHRONICLK
XL,
[Vol.
Texas Ckop. — A very complete report on the cotton crop
was supplied on June 18 by the agency of Messrs. R.
The report embraces 92 counties
G Dun & Co. at Galveston.returns
from which are summarized
in the cotton-belt district,
in Texas
FROM ALL PoBT8.-Therece.pt9
^D.A Co^NofMOVBMEKT
haje been a^ follows for
Bombay
at
cotton
Jd "hipS
the figures down to June
^we^Hud year, bringinggHlPMKyTS
FOB FOPa TEARS.
18.
BO-BAT KBCBU^ ASD
Heceipls.
as follows :
" Slxty-flve counties report 20 per cent Increase in acre.ige over last
year 23 report the same acreage and 4 report a decrease ot 11 per cent.
year, 21
Siitv countici report the crop as about 17 days later than last
aS
report the same adyancement as last year, and 11 report, the crop
about 14 days earlier. The averacc height of tlit- plant on .Time l.i in
plant
of
the
is
condition
seneral
The
the y2 counties w.is 11 'a inches.
as
reported in 58 counties as good, in 11 as fair, in 9 as splendid, in
ot
the
cotton
the
presence
owing
to
good,
very Kood and in 7 as not
the indications for
worm or other causes. Fifty-uiiie counties npoit
g«od, 10 as foir, 4 as never better, 4
tlie crop as very favorable, 12 as
ludifferdnt."
3
as
good
and
not
as
Jute Butts, Bagging, &c.—There has been a steady jobbing demand for bagging during the past week, and most of
few
the lots moving are for the present wants of the trade.
inquirers have been in market for large lots, and on these the
sellers were willing to accept a slight concession from our
/
Si)ue
This
Veek.
j
Jan
1.
I
631,000 23.000 927,000
99H.0OO 40.000 1,464,000
iJ16.0iK)-»13.000, 555.000
1.103 000 25,000 1,4!>0,000
..> 20 000).l70.0iK) 733 000
30.000 1 496.000
1.184.000
5I».OOD
68\000
pi) 42 000
appears to Bhow »
Bombay
foregoing,
the
"Aoooixlini? to
^-«~i^rnSrm«red with last year in the week's receipts oJ
i/ shipments of 5.000 baie^a^
bales
1 show a decrease of 367,000
January
since
shipWts
the
India ports for
movement at Calcutta Jladras and other
of January, for wo
?he iSt reiZt^d week and since the Ut
"Other ports" cover Ceylon,
been as follows.
10~i
1
nofl'lOOW 11.000 ISR.OW 442,0)0
..
^"^dT^ErcTac^e
T^
l^LsT hai
Totio<Min. Kurrachee and Coconada.
ghtpmenUfor
^L\
tht tottk.
aUpmenU tinee January
I
sf^n. OonHn^
ratal.
°r."-
1.
Jo4al^
A
figures but on the small orders there is a firm tone and the
closing quotations are 9c. for IJ^ lb., 9.1^0. for 1?^ lb., IOI4C.
I'he market for butts
for 21b. and lie. for standard grades.
does not show any improvement. Buyers are still holding oflE,
and few transactions are reported. Some sales of paper grades
are making on a basis of l^a®! 15-16c., 1,500 bales beingtaken.
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
2i^@2i^c.; but a large lot can be had a shade under these
figures.
I
Comparative Port Receipts and Daily Ceop Movement.
<Wcatt»—
63,400
14.000
41,200
128,70C'
13,000
4,600
4,000
17,6J0
54.403
87,500
2,500
2,500
1885
1B84
4.0')0
1885
1884
Allotbers—
1885
lam
1,«00
1,800
17,ir0
13,500
23,400
5.600
40,500
19,100
1885
2,500
2,500
1.600
75,500
114,000
37.400
51.400
112.900
165,400
—A comparison of the port movement by weeks is not aocurate,
weeks in diflferent years do not end on the same day of
have consequently added to our other standing
the month.
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
previous years, has been as follows:
September 1 1884, and
as the
We
m
,
n«8i
The above
the ports
l.-iOO
totals for the week show that the movement from
other than Bombay is 900 bales wore than same
Tear Beginning September
Heeeiplt.
1884-85.
343,812
For the whole of India, therefore, the total
Mhipments since January 1, 188.5, and for the corresponding
,pe^>da of the two previous years, are as follows:
BXPOKT8 TO EUBOPE FBOJl ALL ISDLA.
week
last year.
1884.
1885.
'MKoiMnte
'tnUiSurop*
ThU
^iJlotker porta!
Tot»I
~
ThU
veek.
Jan.
16.0J0
99,S.OOO
1,600;
165,400
vtek.
Jan.
11,000
2,500
C3I.OO0
112tfOJ
13,500
743.9.0I 17,600 1.163,400
I.
we now
Jan.
week.
1.
45,91
20.000 1,103,000
8a,50C
2,000|
22,000 1,192..500
receive a weekly cable of
1884-85.
June 17
1883-81.
1882-8&.
Saeelpu (Osntars*)—
Thin week....
K'nee Sept. 1
1,000
3,596,000
TAi»
Since
week. Sept. 1.
iteporta (bale*)—
T« Liverpool
To Continent
Thii
Since
veek. Sept. 1.
i
299.000
3,000494,000
Thit
Sinet
Keek. Sept. 1.
1,000250,000
3,0ao, 196.030
Total Earope
1,000
2,254.000
2,646',600
,
1
1,000 232.000
1,000 96,000
1,000 134,000
2.000!384,000
i
2,000 319,000
This statement ahowa that the receipts for the week ending
Jane 17 were 1,000 cantars and the shipments to all Eurone
*^
8,000 bales.
Makchbstbe Market.—Our report received from Manchester
•»^ht states that the
market for yarns
very flat, but
*lrtin^ are acUve at the advance. We give the prices that
for
KHlay below, and leave previous weeks' prices for comparison
i.
i.
S»i«39\
M3
" «?••
'2!".SS
**
12 8
an
429,777
,034,697
974,013
996,807
487,727
,112,53f.
752,827
595,59a
482,772
284,519
185,523
1879-80
333,613
888,492
942,272
956,464
647,140
447,913
264,913
158,025
110,006
853,19.)
291,991'
257,099
147,595
1
13,573
I
Shipping News.
—The exports
of cotton
from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
31,73.5 bales.
are the same exports reported by telegraph, and published in
With regard to New York we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Thursday
night of this week.
Total bale*.
Liverpool, per steamers British Empire, 2,7.8
Carolina, 2,3»1
City of Chicago, 1,816
Gormanic,
1.5i7....8eivia, S56
9,338
..'
To Havre, per steamer Anierique, 1.847
1.817
BKirtinge.
d.
•.
d
9610
VSIO
8 •6 10
6 •& 10
6 *e 10
6
6
8
Mid.
Vpllt
Main, 538
To Bremen, per steamers Ems, 291
To Hamburg, per steamers B"hemia, 1,614
8>4l6t.
Iviti.
Shirlingt.
Philadelphia—To Liverpool, per steamers
d.
d.
8Tg
8''9
5'«
51li, 84i
5-.li, 8»8
5">i« 8^9
9
9
.Ml,
d.
a.
d.
s.
89% 5 11 •?
• 9%
- .5Uis»7
• 914 5 101^97
• 9'«5 8>s»7
• 91a 5 8>ia7
8^ • 914 5 8iu»7
9'4;5 8>s»7
l>*
8\ • 9ij 5 8>ii»7
84i • 914 5
8«» • 9iel« •7^VJ
British Prince,
548
900
....LordGough, 752
1,652
Ban Fkancisco-Tc Liverpool, per ship
Flintshire,
209
((oreigu)
209
31,733
Total
The
600
400
4,069
5,554
3.312
862....Payonia, 769
particulars of these ahipments, arranged in our usual
form, are as follows:
Liver-
Bre-
Ham-
J.nt-
Havre.
1,817
4,0.i9 5,554
men.
burg.
werp. Genoa.
vool.
New York
N. Orleana
Ban Fran
9.339
60 J
40 J
'.'.'.'.'.'.
'.'.'.'.'.'.
8J2 3,346
Total.
16.363
9,623
546
646
3,312
i;652
'.'.'.'.'.'.
'.'.'.'.'.'.
'.'.'.'.'.'.
3 342
l!652
209
209
400 31.735
Below we add the clearances this week of vessels carrying
ootton from United States porta, bringing our data down to
Total
5l_5i,
3,316
Kh.vulaud,
To Antwerp, per steamers Jan Breydel, 100
500
Britannia, 100..
To Genoa, per steamers Aichimede.f300
New Dulkans— To Liverpool, per steamer Legislator, 1.06^ ...
To Havre, per ship William Tapscott. 5. .551
Baltimoke— To Liverpool, per steamer Baltimore, 516
Palestine,
Boston— To Liverpool, persteamers Kansas, 1,711
Phllartelp'a........
82t Cop.
832
California,
l,lt0....Ru((la, 632
Baltimore
Boston
1884.
OoWn
<te.
,„ „ •tt
rtollday
•8»i« 5
5»6
•89,, S 5 «e
•8»i,
326,658
990,594
1.
1880-81.
701,86! 4,752,791 5,815,712 4,551,803 5,549,41t 4,749,873
Pero'tage of tot. port
91-91
9643
9147
97B9
9661
receipts Ma.Y 31..
Totalyear
is
1885.
^'r 24 8»i,»«5|
1981-82
1892-83.
New York—To
.JU*tan4ria. Kaypt,
twiet.
lll,75.">
1.
the movements of cotton at Alexandria, Egypt, The following
«re the receipts and shipments for the past week and for thr
orresponding week of the previous two years.
»2tOop.
487,729
385,933
241,514
Since
This last statement affords a very interesting comparison of
the total movement for the three years at all India ports,
ALEXAitDRiA Receipts and Shipments.—Through arrangf
Meots we have made with Messrs, Da vies, Benachi & Co., o'
tirerpool and Alexandria,
1,046,092
1,030,390
1,059,65^
1883.
Sinet
Sinet
1883-84,
19.156
7,401
832
600
3,346
the latest dates:
NEW Orlkans— For Livernool— .Tnne 17-Ship Riverside,
For Genoa—June 13— Bark Melchlorre. 2,19i.
Boston- For Liverpool- June 12-Steamers Catalonia,
.
;
Venetian,
1.912.
For Yarmoutli. N. 8.— Juno 13— Steamer Alpha, 50.
Baltimore— For Liverpool— June 15— Steamer Nova Scotian, 1,290.
For Bremen— June 17— Steamer America,
Philadkli'Iiia— For Liverpool—June 16— Stearac Britlsli Crown,
.
Below we give all news received to date of disasters
irarrying cotton from United States porta, &c.
Sebvia, stcaiu»r (Br.), McMicken, from New York. June 13,
to vessels
for Liverbuo,y of Gedney's Channel,
date. With the nsslstauoe of
five Bteamtugs she floated off at 6 P. M., and proceeded to sea.
was aground pear the outer
Sandy Hook, at 10:55 A. M. of that
pool,
—
JcNK
.
THE CHRONICLE.
20, I8B5.J
Cotton
freia;hta
Uverpool, utonm
Do
(he pant week have been
aatur.
JTon.
ISM*.
»t4-
"«»»•*.
'«»».4*
d.
->•
— V
iinll...(l.
Havre, ateiun
Do Mil
•
e.
• •••
Braiuen, cteMa..*.
Uo
aaU....«.
H'
••
Do
salL-.-e.
uut'd'm,
gteam.e.
Uo
MU...A.
Beral, steam
IVt.
'••
>••
....
*»•
....
....
*••
....
v
V
•*••
%•
....
V
H*
....
....
....
•m*
»M-
•sa*
....
....
>«••«*
••••.I
>«•»««
.•••
".-'m'
'».t-'s.* »«4-7»s'
—
—
"••»«
....
....
....
....
>».*-'»• Um-Tj,'
«
...•
....
....
....
....
....
Baroelona.stcam.f.
»sa'
»«»•
•n*
«tc»ra....<!.
V/
»3a*
'33-
»i»*
Genoa,
»ia*
'3!*
•33*
^33'
'»»•
Trleate, ateam...e.
»!.•
i«*
»i.*
»M"
"l.*
•«4'
»1»*
ABtwerp,
»u*
•m"
Do
'
sail
teiuii..e.
»»4'
»«*
»«*•
uompreued.
—
UVERPOOL. By cable from Liverpool, we have the following
atatement of the week's sales, stocks, &c., at that port.
add previous weeks for comparisoa.
We
i
UD
Uay 20.
—
Amerioua
Actual pxport
Forwanloil
9»^
Jnne delivery
lOOTi
July delivery
AuKnf>t delivery
Septenilicr delivery
lO'i"!
OctoliiT delivery.... .....
Novcuilx^r delivery
Ucceuilier delivery
Total stock— Estiiuated
Amount
Sat.
—
Of which Amerloan
104'«
106'a
107'«
101
100
90111
100%
iOi\
WfA.
101
rAur».
loou
101
IOJI4
^^
\Ol>t
103 >4
105 '«
io;iVj
lom
104>«
10514
lOAig
10«
107 >«
109
lOfiSs
lOMifl
•u»i>n
107
109 1«
110
107%
101
ttr*.
^Oi^a
10a
u>m
102^
lOlH
10M1»
107 -f.
100 14
10»%
110%
llO-'a
DAILY CLOSHfO PBIOES OF MO. 2 VIXBD COBW.
Of which American -Estim'
••t the week
Of which Aiuoricau
Totiil ImjMirt
alloat
lOO
101
[n elevator
Tiia.
iron.
aal.
Indian corn has also 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 beea
very favorable for the growing crop. The local trade is fair.
To-day spots were very dull and unsettled, with futurie*
decidedly lower.
bales.
Bales of the week
Of wlil'h expoiwra took
tuck..
apvculators
wliioh
Of
Balt>B
niad«rate and there Is no pmrareto tell •toalk tha4>l»1k^
danirer of lieing injured by th« hot weather, Itye flonr t
continued dull, but com meal is mth'T flrnipr.
aire
The wheat market has deriv*-"!
Rupects from the reiterated and 'I
..r
^•
tho growing? crop, «speclally the
hiuUIk- opi-r.itions for Iheriitehav.
Hut Vice-President Oiikes, 'j:
ant.
we«t will t««
road, says the crop of spring wheat in
:|ily fontiniitii'
10 per C4-iit larger than latit year, the \
ljuiiin*^tu<
f''
tlio
large, and trade is not brisk. However,
has this we«>k been much mure liberal ami Itrgrly
wheat, to tho exclusion of red winter, which has for huhm; iium
Tfvday regular
been the leading grade in our market.
biuinees was iiuiet, and the speculation in futures lor IuitIkt
prices made no progress.
WIITTBK WHEAT.
UAILT GLOSiaa PBIOM OF ffO. 3
,
...•
•«»'
»e»».4
'»m-"m*
....
V
•••
....
d.
mMff.
••*
»»•
••
•••m
m follows:
ir«f)tM.
•>•
•
•••
"m*
•
•••
V
V
e.
BaniburR, steam.n.
.
In elevator
June
rtcdiverv
July delivery...
Aujiust ilclivcry
Mm.
Wed.
Tiie$.
rti.
69>»
Thurt.
54'S
54'4
55
no
66
56
.5414
S.'S
551a
55%
53%
54
.54%
.«5
55 18
54
54 la
54
84%
50%
5.-.
,55
5510
5614
5i38
M'^
641^
64%
»»H
....
....
.
The tone of the Liverpool market for spots and futures each
day of the week ending June 10, and the daily closing prices
Spptcniher del' very
Ootoler delivery
of spot cotton, have been as follows:
Bir ley and barley malt
Doping
and drooping,
are "quite nominal. Oats were quite depressed early in the
week, but made a brisk recovery when the advance in wheat
To-dav there was a fresh decline, closiig at 39J^c. ftw
set in.
June, 37;gc. for July and W/ac. for August,
The followiag are the closing quotations
Saturday Xond»y. Tue$day
Bpot.
Market,
12:30 P.M.
Firmer.
fcjpec.&exp.
bnjrers'
favur.
^
Wednt'
n^ay.
Thurtd'y
Moderate
Barely
demand. supported
Ottll.
5^
Mid. Upl'ils
Mid. OrVng.
Bales
Hsrden'K In
tendency.!
Rye has been
5'llS
8 Olio
8000
8.000
1,000
500
500
7,010
1,000
O.OOO
Barely
Steady at
stead V at
1-01 adr.
3-61 de-
BOO
jfH»<«r»»,
4
Market
12:30 i-.M
Market,
4 pm.
Steady at Steady at Steady at
2.«4 adl-IUdOl-»4 decline.
chne.
vance.
Easy.
Steady.
Steady.
Rarely
s'.eitdy
at
l-MadT.
cline.
Sat.
Mon.v June 15.
June 13.
5 47
Jana-Jnly.. S4T
Jnly-Aug... 5 50
Ang.-^ept...
5M
September..
....
Sept.-Oot... 550
Oct..NoT... 6 48
Not .-Deo... 5 40
Dec.-Jan.... 5 40
Jan.-reb.... 542
d.
5 47
5 47
550
554
d.
5 41
6 47
5 50
5 47
5 47
554
550
554
....
...
d.
....
....
....
Wedne... Jnneir.
51
42
40
40
642
June
dm.
d.
d.
d.
d.
5 47
5 47
5 46
5 46
5 46
5 48
549
653
6 4S
648
5 51
3 31
5 45
5 43
5 47
5 61
6 31
5 42
550 550
5 48
5 40
648
5 40
5 40
6 42
638 630
6 30 638
641 6 41
548 548 5 47
548 6 48 5 47
550 550 5 4a
5 5t 554 363
5
5
5
5
Tne..«
d.
d.
...
550 650 580
542 5 42 542
5 40 5 40 640
540 540 5 40
542 5 42 5 42
Feb.-March
Mar.-Aprll..
d.
16.
Open Bivh Low. Oku.
d
6 45
5 45
5 47
6 61
....
..
5U
5 41
6 40
6 33
5 47
5 38
538
537
538 5 38 5 37
540 6 40 538
6 47
5 30
5 37
5 37
6 38
....
....
....
....
...
....
....
....
....
....
....
....
....
...
Thar*., June 18.
* bbl.
$2 ti0»
Buperlliie
SuiliiK wheat extras.
Minn, clear and stra't.
3 30a
4 00 a
Fine
C!oa.
d.
d.
d.
d.
Jnne
6 41
5 41
541
5 41
5 41
541
Jane-.luly..
6 41
5 43
6 47
541
Jnly-AuK... 5 43 543
Au([.-Sept... 5 47 643
Baptember.. ....
8ept.-Oct..
544 5 44
Oct.-Nor_.. 630 53d
MOT.-DOO... 5 34 534
Dao.-Jan... 5 34 5 34
5 44
6 43
6 47
6 44
6 36
536
631 631
534 5 31
Jan.-Feb.... S3« 536 536 684
Feb. March.
.
Mar.-April..
....
.**•
...
....
....
Opm H««)i
d.
d.
CtOf.
d.
d.
542 543 542
542 643 542
6 44 545 5 44
648 548 548
....
....
6 46
6 37
6 46
Frl.,
Jnne 19.
....
....
Open Bigh Low.
d.
d.
d.
Clai.
d.
543
543
638 5 38 539
530 5 39 5 IfJ
539
539
5 45
6 48
5 41
5 43
6 41
6 4i
6 46 6 46
680
6 87
6 87
580
300*
3 6J»
WlnterXX 4XXX.. 4 259
4 8>»
Patents
3 75 4
70
72
ttve— Western
7&
74
87 »103
State
SpnnK.oer btun.
40
37
Oats— Mixed
92 a 91
Spline No. 2
43
»
38
WHlte
ked winter, Ho. 2 1 02
..*•
39
No. 2 mixed
90 aioi
Bed winter
40
No. 2 white
92 «1 03
*.*
White
Com— West, mixed 53 • 57 Barlev Slalt—
9>
85
Canada.
65»a» ....
West. mix. Mo. 2.
85
6J
State
60 » ad
West, white
85 Western
TO
56 ® 60
West. Yellow....
65 « 70
White Souttern..
60 9 62
Yellow Boutliern,
The movement of breadstuffs to market is indicated in th t>
statements below, prepared by us from the figures of the Nevr
first give the receipts at Western
York Produce Exchange.
lake and river ports, arranged so as to present the comparative movement for the week ending June 13 and since Aug. 1
for each of the Uist three years:
Wheat-
^
9 41
6 45
5 41
5 43
642 5 43 5 42
636 538 536
634 534 534
6 31 534 5 34
530 5 36 538
6 43
5 36
5 34
534
636
***.
....
....
....
....
....
....
....
....
....
....
....
We
Fbidat. P, H.. June 19, 1889.
Flow.
BMMpti at—
ilblJ.18e(br
Chloa«o
Mlliraukee
Toledo
Detroit
Cleveland.
TVTleat.
829.153
40.115
67,57,S
18,677
1,174,575
l,87>.93l
1.323.001
761,583
816,447
2,511.897
1,37-1,697
65,61.1
40.100
B5.IH»
2,733,58s
1,668,818
109,793
14^aM
8,978,690
8,100,418
05.763,127
88.834.766
63.297.037
lfl.570.S78
4.53|l.«BO
lJ5.M7.706
e9,5i)4.9')l
5S.6tfS,307
16.907.967
e.aDA^ia»
8,472.11K
71.0u:\19S
35.4ili','^13
47.611.758
16.312.06J
4,57.W«K
2.564
1,886
2,340
13,211
..
161.166
148 400
Tot.wk.'85
game wk. '84
Same wk. '83
156,803
Tlie exports
ending June
15i!,513
2,013
83.781
103,835
7,60«
:
.
603
105
......
60O
G<n
7,»4e
4,S00
lO.MB
72.670
7,0UO
from the several seaboard ports for the week
are shown in the annexed statement:
fram —
Vftf^ftt
fUntr,
Oatt.
SutK.
Bush.
Bbt$.
ButA.
854,79.i
17.01)0
530.5! 2
45.084
100,712
16,000
137,359
31,167
33,301
Bultliu'r^'
S. Orlu.t.
There has been a better demand for good useful grades of Richm'd
wheat flour, and in view of the reduced production at the N. News.
West and the upward tendency of the prices of wheat, holders Total wt.
have been inclined to insist upon more money, and to a limittd S'mo tiiui
m^4.
extent their higher values have been paid, Stocks are quite
4^.135
10,684
84.364
6,400
tSI
2.440
20,
13, 1885,
Exports
Montrcjil.
FUUadiil..
Bl/fc
Biuh.5rC4
6,240
76.813
22,737
1,330
.-
Borlev.
1,210.488
Dnluth
Boston.
Oatt.
Buall.32 Ott BtuJ>.48 \b.
380,708
Si6,117
114,894
92.032
11,030
116,068
2,700
121,006
53.7^S
Since Julif 28
1884-5
1883-1
1882-8
Oom.
BiuA.snnu Bu<n.56u»
20.057
.
....
New York
BREADSTUFFS.
^
.
Louis
Peoria
....
638 6 37
535 587 535
536 637 535
5 37 538 6 ST
....
....
Low.
FLO OB.
3 50 Boath'n com. extras.. $1 009 L95
3 70 Southern uakera'aod
500'* 5 65
family tirands
4 00
5 00 Kyetlour, euperflne.. 4 00»44»
300*
Floe
4 00
5 50 Oom meal3 19 335
Western, dio
5 85
3 OS 3*>
Brandy wine, &o
5 00
Winterahipp'eextraa.
St.
Open High Low.
•
asjini.
Low.
Open H<«h LOV,. do.. Optn
Jnne
.
:
Olt; BlUpvtUiSex
Steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are g^iven below. These
prices are on the basis of Uplands, Low MiddUng clause, unless
otherwise stated.
i.
....
dull
5^
7,000
1,000
54 19
so.nno
3,437
4S.)300
7.<o^
120,773
Sye.
Bu*h.
16,016
Ptm.
Butlk.
1.715
771375
5,714
2,826
67.1
410,099
903,864
115.997
130,210
16,046
79,590
972.750
6^5.07.1
155.S«.\
2«4.fi:ia
?t44.5aO
74 .1«-*
THE CHRONICLK
748
The
5
'
.
.
add th» Arabia, 1,254 to Great Britain, 441 to Hamburg, 211 to Brazil,
135 to Sandwich Islands, 101 to U. S. of Colombia, 95 to Venezuela, and a number of smaller parcels to other destinations.
Com.
The demand for brown and colored cottons was compara-
We
below.
destination of these exports ia as
last year for comparison:
jocwepond-ng period of
WKeat.
/lour.
1885.
>riMtik
Juiu
13.
BbU
1884.
Wtek,
June
14.
BblM.
1884.
1885.
Week,
June
Wuk,
June
13.
155,365
115.!»97
605.073
41,975
410,099
Total..
903.864
""bas
W. IndlM
1,214
15.417
18.300
8.405
8.906
176.0 '.0
12,il7
17,171
8.190
53.41<l
972,750
14.
""422
3ti3,455
103,093
June
Bunh.
407.068
110,8Sl
12,481
10,614
3,047
1,079
Buth.
538.033
359,990
ft.616
71
Week.
13.
Bush.
608.297
72.^32
Brlt.col'1
Otta.o'nta
1884
1885.
Week,
June
Biuk.
231.039
Ooattn'nc
BMCAm
14.
week's movement to our previous totals w^^
exports this season and last
hftve the following statement of
BTaddinjr
[Vol. XL.
this
tively small, because the majority of the distributers are well
supplied for the present, and wide sheetings were in irregular
request. Bleached goods were relatively more active than
other descriptions of staple cotton goods, large transactions
makes having been stimulated by lower
Wamsutta bleached shirtings were reduced to lOc,
the Loom 4-4 to 7J^o. Pride of the West to lOJ^c,
in certain leading
prices.
Fruit of
,
which low figures the respective stocks
were readily distributed. Print cloths ruled quiet and steady
at 3 I-I60. cish for 64x64 "spots" and "near futures," and
2%c. for 56x603. Prints, ginghams and other wash fabrics
Far well to
7c.,
&c., at
were dull in agents' hands, but a fair business (for the time
was done in lawns, fine sateens, foulards, doubleaug. 27to
faced chambravs, dress ginghams, seersuckers, &o., was done
14.
June 13. June 14. Juni-. 13. June
Junt 13. June 14.
by leading jobbers.
Buih.
Bulk.
Buah.
Both,
BM*.
Bblt.
Domestic Woolen Goods The market for clothing wool29.922.292 22.345,405
21.943,322
21,667,178
4.051.489
Kludoai
on.
7.299,545
ens was devoid of animation as regards new business, but
£88.381 18.221,986 14,692,266 11.202,979
909. ISB
OonUncnt...
1.451.013
1,454,071
4S,963
1,223
563.862
MMOS
8. ft CABS...
there was a good steady movement in fancy cassimeres, trou343,813
425,049
1.000
38,383
878.424
<IM.4W
Wwt Indlo
132.062 serings, worsted suitings, overcoatings, &c., in execution of
71,054
8,010
216
466,241
4ao.sso
BflLCoI'mw
121,602 former orders.
81,583
23,071
17,567
35.438
^4.S8S
Satinets were in light and irregular demand,
Otk. oosntr'i
6,083,955 40.IU 1.553 36,421,627 43.157.031 31,693,470 but some considerable lots of Kentucky jeans were quietly
7.3a0.i57
ToUl.
The visible supply of grain, comprising the stocKs in granary moved by means of relatively low prices. Cloakings have
•t 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
loUoira:
placed by the same class of buyers. Wool and worsted dress
Barley,
Xye
Wheal,
Com,
Oats,
buth.
bush.
bush
btuA
buth.
At (tore at goods, sackings, tricots, &c., were mostly quiet, and such
341,110 222,086
31,231
4.817,564
Hew York
9,779 transactions as occurred were chiefly for future delivery.
112.482 390,863
7,896
221,900
Do afloat (eat.)
6,000
2,000
19,000
Albany
25,981
30,634 Flannels and blankets remained quiet in first hands as regards
1,504,242
79,257
BoflUo
847.973 232,250
27,975 new business, but agents continued to make liberal deliveries
14,699,421
21,936
Cldoa«o
7,537
2,900
Newport M«W8...
of the former on account of auction purchases, and considera76,184
65,218
....
Blehmond,Va....
8,371
ble package sales of flannels were made by large jobbers at a
3,511
3.011.304
11,187
5,162
Mnwaakee
10,156
small advance upon auction prices. Wool hosiery and knit
3.922,351
11,000
Dnluth
30.000
Toledo
1,0>0,245
27,469
118,333
3,843 underwear were in steady though moderate demand, but fancy
Detroit
602.500
26,598
60,112
726
knit woolens have thus far been lightly dealt in.
0(wen>...
134,180
122.000
2,000
96,373
17,100
Foreign Dry Goods. There was no perceptible improve1,098,786
391,403
Bt. Urate
81,955
14,598
Ooclnnatl (6th)..
80,084
36,380
15,041
546
20,333 ment in the demand for imported goods at first hands, and the
Boeton
S6.463
109,593 303,777
14,278
601 jobbing trade was slow, as is invariably the case at this time
Torontii
243,324
400
24,155
C6,502
Montrrnl (6tb) ...
123,923
14,093
8.917
9,565
1,418 of year. The condition of the market is practically unchanged,
Fhlladelpliia
1,028,897
123,017 193.023
staple goods being held with a fair degree of ste.idiness, while
P60rta.
91,630
51,147 226.942
424
10,720 holders are willing to part with such summer fabrics as are
lodlanapolia
57,700
46,603
30,700
601
mutations of fashion, at relatively low figures.
652,256
KaiuaaCltr
125,805
31.970
4,342 suhject to the
18849.
18834.
Jakarta i4>«ft
18M«.
Am. as, to- it IV. as (0 Auf. t7 to Jtl^ 35 to
1883-t.
1883-4.
1884^.
.luff. 25 to Aufl. 27t<i
of year)
—
—
.
BaWmore...
1,597,891
DowuHlHlialpi)!.
OnnU
370,129
On lake..
1,174,000
1,037,405
Oncaoal
143,900
41,660
136,074
47.625
640,565 1,105,804
,298,760
51,816
620,635
TDtJaDel3,'85.
37,799.919 5,473,749 3,251 304
Tot. June 6, '85. 37,234.271 6,407,755 2,816,135
Tot. Jane 14, '84. 15,814.827 8,450,815 3,436,072
Tot. June 16.'83. 20,618.969 14.923,541 1,558,738
Tot. Jiine 17,'82. 10,2io,307 9,385,906 1,978,975
5,042
1,235
9,967
5,99i(
219,732 205,196
210,009 215,768
317,682 519,706
477,403 1,754,750
144,985 934,497
Importattons of Dry Good*.
The importations of dry goods at this port for the week
ending June 18, 1885, and since January 1, and the same facts
tor the
corresponding periods are as follows:
S"32EO^g
£
Off
S-
|:
p
o
I
THE DRY GOODS TRADE
^
o:
•
b: §
ct
:
•
.
'
.
«
;
ps
cS?
2B
d-^
la?
IF:
ES:
»: 5
;
R
a,
Friday, P. M., June 19, 1?85.
Although the general demand for dry goods was compara-
:
:
I
tiTely light the past
week, as usual at this stage of the season,
a 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 transactions.
Foreign fabrics ruled very quiet, as is invariably the
case "between seasons," and no improvement in
this branch
of the trade
is
The feature
of the
h^
ta lota of
from 5
some time to come.
week was a peremptory auction sale of
a»cD
^
f—
CO
010
111
CJtt^
coytoy
>"* i--
a Ci *» to
CO O CO CI
X
01 1- -q *.
tt^
ci -J h3
h-(e»
GO too coot
y«tn
-itooao
<M
I-**-*
M 01m
H*
osco
tn*-o
OS
m^
-lOCnODCO
W O ^1 o 10
which comprised several of the
X
a
to
•AO^tOOd
MOJOtOCO
i-^^c;»cc
M^WtOCO
a
CO
CO w- J
O' CO #^ -^l CO
<i 00x1:050
CO 30-^ to OS
j
gdV
V""© 000 bo
toyt-ooc*3
fcOOQO'-'O
distri'outed
§1
rfrf^
GO
toto
W toVj*5l
^
-^
to 01 CD CO CO
t
00 S:
00 ;i
•
h-M
<^v
oto
that the
was disposed of and widely
W to
OD
CD ^^ O' CO CO
Cii:0
QDO
01 CO to 05 CO
'-<iOiO;'-'
oat-iffcco
rf^tt^-poo
oVciOCD
^MtOiOtt*
toooo'w
OO
-J CO e- o* -I
^J^Ji-tOCO
tOtOOtCltf".
O. -^ Oi H" to
a. CD I- OD CO
CJtQOlO
CO QD CO
to 100 cases, in the short
1-00
^
W
^,y?
<1
.(k
>-
«D to
d
MO
j
<1V\
^
\
CO
{
<)to
&:Q0
tOCR
O
to
MtO"-*-*
GO 05
i-'aocflO'^
X
lO-^CON)Ci
tOCOOSCM
coVjVicoM
ccffi'.oarf''
00*1. CO •'I to
tntO to
J5
oVcotobo
O to 01 -1 w
•>300-^0
CDOOi-'CiCn
McoycflOi
COOuCOiP^
Otf^COOM
00
aoDOoico
It-
<)
COW
!
(Ota
tntooooos
<lrf>.
tf^ccO'CHCn
biVibo'co
CDif^
O»«rf*.fl0*H*- »IW
1
•— :0
COWMCOOl
ioVooMO
?^p
I
MO
01 01 CO
yi
30 !-• H"
osy<
CO )^
i>^ iFh
•-
OiOtOCOCD
."SB
0)0101^
j^QO W<1QD
aco
a slight advance upon auction
rates
packages, including 1,407
to
M03
too
at first hands,
imk ««Jin, Juae 16 were 4.U1
I
CO to
and reduced prices Enabled
^e^^iberal sales of bleached cottons.
The
tSSl
Jbtog teade was s^sonably quiet, but a fair package busi^wof^hrr^"^*::;^'^"''""'^'^"^^ acclpUshed by
pwa>Me« at
>f^
OS<J
time of 55 minutes!
The prices obtained were remarkably good,
the average hav*^."' ' P*"" **°' '^'"'^ ">« '^K^'^es at which the goods
could have been bought privately
from the selling agents of
the nulls. After the auction sale,
which occurred on the 16th
iMUat. there was a fair hand-to-mouth
demand for general
^-orteieat.
M
O3COC0t^C0
most popular goods of their class made in
this country as
Lonsdale, Hope, Blackstone, FitchviUe,
etc.
The sale was
largely attended, and the competition
was so spirited
entire large offering
M ^1 to
CS QU
likely to be developed for
6,800 cases bleached cottons,
tf-M
a,
•.JOOOCOCO
Wiffc.rffct-'tO
ClCO^COO
CO <1 05 00 CO
J0*JftOfc0
ooa
w5
JUNX
20, 1885
Tf
I
Commeicjctal
SrHE CHRONICLE.
^vlk&s.
BrinckerhofF, Turner
&
Co.,
Unfllxnd Hanliet;?.
Samuel G. Studley,
COMMISSION STOCK BROKER,
No. 4 EzrlianEe I'lace, KoOM No.
Mtnuftotoran wid l>«U«ra
In
COTTON SAILDUCK
And all
%tm
guttttsslMatiia
joa. M.
Jos.
Also, Ajienta
DNITRD 8T-ATKS BUNTING CO.
A fnll lopplr, >U widths and Colors, always In stock
No. 109 Dnane Street.
gaItimor«
No.
on thi^ inorulng of Mutiirday, the 13lll
Juo6, I8SS:
KKSOITUCM.
lA>ans and dlscoonta, as per schedule.
tS,188,SSa
gaufejevs.
&
.
Sons,
BALTinORE,
GRATZ, Wilson, Colston
&
Co.,
BANKERS AND BnOKBBS,
Members
of lliiltimore Stock Exchange,
and
Total
SOUTHERN SECURITIES
s
Correspondence solicited
and Information
nlsned.
N. Y. CorrAspondents— MoKim Brothers
A
ftr-
Co.
Bxchange
Eugrene SEARS
R. Cole,
COLE,
STATIONER AND PRINTER,
Bnpplles Banks, Bankers. Stock Brokers and Corporations with complete outfits of Account Book
and S tationery.
^r~New concerns organizing will have their oi.
dors promptly executed.
(HANOVKR
STREET,
SOIJAKB.)
Co.,
BANKERS.
Special attention paid to collections, witti
promot
remittances at cvirrout rates of exchango on day of
payment. Buy and sell State of Alabama and City
of Mobile Bonds.
Correspondents.— Bank of the State of New York,
New York Louisiana National Bank, New Orleans
Bank of Liverpool (Limited). Liverpool.
;
;
THE CITY BANK OP HOUSTON,
CAPITA!/, 9500,000,
Houston,
We
give special
Cobb
Texas.
attention to colleotious on
BOSTON.
MEMBERS OF THE NEW TORK AND
D IK ECTOR8.—Benjamin A. Bolts, Prea't;
Bcmausa. Pres'u
Collections
&
Bwnr A
Co.,
Co.)
BANKERS AND BROKERS,
No. 40
ail
J.
A. K.
Walkxh. Cashier
^xthlicati0us.
all
RE.IDY AROlir JULY
N. C.
RICHinOND, VIRGINIA,
OF
made on all Southern points on best
terms: prompt returns.
Collections
John F Glkxs.
JOHN
Cash.
P. BRANCH. President.
Fuei>. R, Scott. Vlce-Pres't
New North Carolina 6 per cent bonds,
mission.
secured by lien on the State's stock In the North
Carolina Uailroad. for uale.
Railroad Securities
JULY,
JOSHITA WlLBOtm,
BsNjAMiN
A. Jackson,
Charlis H. Shkldon, Jb.
Wiujam Bismit, Jb.
Wilbour, Jackson
& Co.,
;
53
WEl'BOSSET STREET,
PROVIDENCE, R. I.
B8TABLISHED
Keleher
F.
Price in Red Leuther Covers, • - $1 00
To Subscribers of the Cbrouicle,
75
1871.
&
Co.,
OLIVE 8TRBET, ST. LOUIS,
Dealers In TVeatern Secnrttles.
Szehange.
PilTate Telegraph Wire to
New York and
Boston
79
D. O.
FONSS,
(
STATE BANE,
)
i
Inoorporatad 1875.
)
German
C. T.
-
-
-
•
9300,000
Prompt attention Riven to all boslness In our line.
N. y. CoRKESPONDENTS.— Importers' A Traders
National Bank and National Bank of the Repuhllo.
XriLLIAin B. DANA tc CO.,
81 WILLIAM STREET, NEW YORK.
SALE.
Chronicle Volumes
WALKIB
SINCE 1870.
Cashier.
National Bank,
Capital (Paid in)
A
FOR
nefanlted Bonds of .Missouri, Kansas and Illinois .
Specialty. Good Inrestment Secoritles, paring froob
four to elglitpor cent, 'nr sale.
LITTLE ROCK, ARKANSAS.
Dealers in Commercial Paper, OoTemment and
other flrst-claaa Bond« and Securttlea aod ForeUtB
;
"W^zsUxM gauli^rs.
Pmldent.
BANKERS AND BROKERS
1885.
DE.SCRIPTION INCOME
PRICES; DIVIDENDS.
805
Dealers in Municipal, State and Railroad Bonds.!
15
parts of the United States
MERCHANTS' NATIONAL BANK,
P.
IHASS.
LV.VCH PKVrJKlUJASr.
Notary Puljlic, King.s County,
CeniHcate Hied in N. V. Co.
National Bank,
made on
STATE STREET,
BOSTON,
286,23? 17
6,438 20
Total
»».7S0,382 88
State of New Vork. Countv of New Vork. s*j
K. L. EDWARDS. President, and JOHN li. ROIJJTON, Cashier of the Bank of the State of New
Vork, H bank loetited and doing business at No.
33 Willlaiu Street. In tlie city of New Vork, In
said county, beinjf duly sworn, each for himself, saith
that the fore/uin;? report, with the schedule accompanying the same. Is in all respects a true statement
of the conrtitit.n of the sjiid bank befoie the transaction of any busines** on the 13th day of June,
1885. to the best of his knowledge and belief.
K. I,. EOWAUDS, President.
JNO. 11. HOI.STO.N". a-shier.
Subscribed and sworn to bv both deponents, the
loth day of June. 1H85. before me,
F. A.Rlce,
THO^TIAIS UKA^KCH &, CO.,
BOSTON STOCK EXCHANGES.
BANKERS AND COMMISSION MERCUANT8,
ALSO,
RICHMOND, VIRGINIA,
Scalers In municipal. State, Railroad
Ylrfdnta BondH funded under the Funding Act
and United States Bonds.
passed by the la^t LeKi^lature, for ^ per cent com-
(Formerly CXAS. A.
banks, Hs per schedule
aooesslbte points.
WILMINGTON,
Estabrook,
Dupee
Due trust companies. State and national
Unpaid dividends
imOBILE, AliABAinA.
First
CONGRESS STREET,
Perkins,
40
certllicutes of deposit
i,»a 70
Certified checks
a,«(«,m6 05- 8,316,796 40
C.C. Baldwin, W. B. Botts. Rob't Brewster. 8.K.
Mcllhenny, B. F. Weems.
R. V. WKKMS. Cashier.
BKNJ. A. BOTTS.PrM't
BANKERS,
no. 86
&
Tbos. P. Miller
E. R.
&
I.'>.0e4
134,56170- 140,888 07
proflts
Demand
TIES,
IMPORTERS OF IKON TIBP.
ESTABLISHED ISM.
No. 1 WIL,L,IAin
00
as follows, viz.:
Deposits sulijoct U) check.$4,829,276 84
(FOR BALING COTTON.)
ft
1900,000
tl.OSU ««
187 01
Interest
Other
$800,060 00
viz.;
Due depusitorw
Agents for the following brands of Jute Hoggins
"Eagle Mills. ""Brooklyn Clty,""Georgls,""Carollna,'
"Nevlns.O," "Union Star." "Salem,"' "lloricon Mills,'
"Jersey Mills "and" DoTer Mills."
Brewster,
Surplusfund
Undivided profits,
Discount
YORK.
8CCCFS80R TO
$9,130,352 OS
UABILITIK8.
Capital Stock paid in, in cash
Wheeler,
BACOINO AND IRON
W
.
(iTerdrafts,aa per schedule
I'.S 78
Due from trust comi>anies. Htato and
nuti<iniil ItankN. as per M'hc<lule
75.IW0 07
BankinK tinuso and lot, as per
scbodulu
t^^M.OOO 00
Other real estate, as per
schedule...
».))89 »l- sos.asa 31
Bonos and moitjpMtes, as i>er schedule. .
lO.yos 18
Stocks and honds, as per schedule
S1,6S8 90
Specie
1,1S1,34SM
V. S. legal tender notes and circulating
notes of national banks
97e,7M 29
Cash items, viz. : Bills and
checks fi»r the next day's
exclmnites
HJHSijm 47
Other items <'Hrried as cash,
as per SLheilulo
4.808 31- i.WJ.aX 78
Current expenses
6,442 06
Loan to New Vork Clearing House Association un loan certlllcates
S20.000 00
BALTimORE.
INVESTMENT
specialty.
119 niAIDEN LANB,
NEW
iitatement.
UARTERLV REPORT OF THB
BANK OP THE STATE OP NEW
YORK
TRANSACT A GENERAL DOMESTIC AMD
FOREIGN BANKING BUSINESS.
ST. LOUIS, Mo.
JIasufacturers' AgenU for the sale of Jute Bagging
&
BON,
NEW YORK.
$auk
BANKERS,
SOUTH .TRBBT,
7
for Export Trtuie.
IRON COTTON TIES.
MVLLER &
(lay of
Towels, <taUta,'Wbite Goods dc Hoaten
IMPORTERS OF
H.
PINE 8TREE1',
(RQriTAnLB BtiiMiiNa.)
PHILADELPHIA.
PRINTS, OKNIMd, TICKS, DUCKS, M.
\,
No. 12
SOUTH THIRD STREET,
BLEACHED SHIKTINOS Robert Garrett
AND SUEETINOS,
BAGGING.
ADRIAN
BANKERS AND STOCK BROKKR8.
ic
Bullard
clMars nf
WED.NE9UAY9 AND HATUKDATS.
M. Shoemaker & Co.
No. 134
Seir York, Boston, Thiladelplila,
WARREIV, JOIVES
all
STOCKS AND BONDS,
§laitTicrs.
SKLMNQ AGKNTS FOR LKADINO BRANDS
(te.,
RKdULAK AUOTIOV
Unileralffneil hold
8AIJ':H of
Boans M. JAjniBT.
bhobmakbb.
Fabyan &Co.,
Drillt, Sheetings,
BONDS
and
At Auction.
The
BOSTON HTOCK BXCirANOB.
Olr
jiaU0.
o^f
CANVAS, FELTINO DOCK, CAB
COTBRINU. BAGOINO, IIAVK.N8 DUCK, BAIL
TWINES, 40., "ONTAKIO" SBAMLBaa
BAUS, "AWNINU UTlUPKa
BROWN
STOCKS
4,
BOSTON, MASS.
MRMBBR
I^ttctiott
kind* of
OOTTON
Bliss,
Til
Any
at
office possessing these volume* since 1870 baf
hand for convenient reference a complete and re>
liable financial history of
the period. Parties hairtiw
the more recent volumes can obtain from the pub
Itshers most of the earlier volumes, or complete rati
can be furnished.
79
iriLLIAn B. DANA * CO.,
4 81 WILLIAM STREET, NEW YORK,
THE CHRONICLE.
Hi
[Vol.
|^C0aI.
|^c0at
the baais of a prorated mileace of said entire road of
315 3-5 miles as hereinafter dtscribed.
TEXAS & ST.
N4>T1CB.-8ALE OF THE
UiVli RAILWAY IN TEXAS, conBlstiniJ
of aiAH m"" 0' f"'"!' "* ^^^S stock, franeblM, and
all
second moHjiape Uen executed by the Texas fc
Railway Company in Texas to J. W. PhilAbraham Wolff, Trustees, dated June 1,
A. D. 1880, to secure its "land grant and Ineume
morttfaice bonds "for $1,000 00 each, bearing six per
cent interest from date, and cot paid unless earned,
and amount issued $8.000 00 per mile of completed
road; said bondsdecreed to holda second ni<ufpa*:o
Hen upon said Jititt miles of railway and pf^iperty described in said first niortj:age, and amountiutf to £ii,128,000 00 besides Inten'st; tho said decree in nu
wise affecting the litn held by gaid bonds and mortgage upon the lands desci ibed therein.
A
Pt. Louis
lips and
«« proiterty.
Notice U hereby given that I, J. M. McCor
mklcBpeeUl Master In Chancery, under and by
Tlniifrot certain order of gale isaued out of the
Cirruit Court of the United Sutee for the North-
and delivered to
em District of Texas, directedpublic
auetion for
me^wlll proceed to §ell at
ca»h. bf fore the court-house door in tSe city of
Tjler, Smith County, Texas, on, to wit, tlie
fourth day of Aupist. It bclni; the first Tuesday
In Aimut, A.D. lS85,betweenlOo'clock A. M.
anoTo'elock P. M., all that certain properly
deacribed in the followinic order of sale, and
npon the terma and oondltlona named therein.
Vnlted States Cirenlt Court.
Fifth Circuit and Northern District of Texas, at
Waco.
The President of the United States of America,
To J. M. McCormlck, Special Master,
Whereat, A final decree was made and entered
In the cause No. 14. Chaucer.v, tlie Central Trust
Oooipany of New York, Trustee, Complainant,
Tk Texas A Si Louis Kiiilway Company in
the United States
Texas, el al.. Defendants,
Circuit for the Northein District of Texas at
Waco, on theZSd day of Apill, A. D. 18ei5, or-
m
dering anil directinjj the clerk of said Court,
npoa application of J. M. McCorinkk, Special
Master apiM,iuted In said cause, to issue an order
of sale of the Texas it St. I»ul8 Railway Company in Texas and its property as described
;
tbereiore, in pursuance of said final decree, I,
J. H. Finks. Clerk of the Circuit Court of the
trailed Stales for the Northern District of Texas,
at. Waco, do henliy issue tlie foJlowins order of
sale In the above entitled cause, to wit You
are hereby ordered and directed lo seize the
Texas
St. Louis Railway, estimated to be
SlS's miles of com Dieted railroad, with its Eastern terminus at Texarkano, and its Western
terminiu at OntcsTlIln, Texas, tosether with all
Its property, the said raiIroa«laud property now
In poasesslun of S.
Foniyco, Receiver, ap
pointed In the above entitled cause by this
Court, and exerelsluK said trust- And after giving at least 60 da) s'noticoof tbe timeand place
and terms of such sale, and the specific projierty
to be sold, publishing such notice in two newspapers in the city of Tyler, Texas, and in one
newspaper in the city of New Y'ork, vou will
JMOoeed to sell at pabllo auction In the city of
Tyler, Texi«, all and singular tho lauds, tenemcnla and hereditaments of the said railway
conioratian, including all its railroads, tracks,
right of way, main lines, branch lines, exten^«ns, sidings, suiwrstructureii, depots, depot
Cttmnds, station houses, engine houses, car
wmsei, freight houses, wood houses, sheds,
J'fcjenng. places, workshojis, machine shops,
bridges, vladucte, culverts, fences and fixtures,
with all ita leases, leased or hired lauds, leased
or hired railroads, and all its locomotives, tenders, can, carriages, coaches, trucks and other
rolling stock, lu machinery, tools, weighinc
Males, tuin-tables, rails, wood, coal, oil/ fut-1
eqnlpgienc furniture and material of every
name, natuse and description, toneihcr with ell
the ooroorato rights, privileges, liumuuitles a d
Trancblsesot said railway corporation, incluu
Ing the frantAiise to be a corporatioii, and all the
tols, fare*, frdgbta, rents. Incomes, issues and
profits thcreot and all tlie reversion and
reversions, remainder and remainders thereof
excepting, however, and reserving from the
Hen
of said mortgage under which tills .ale Is
made,
all Undgrants. land certificates and
lands le'"" "" a" lands
J2,!,'ilS'rS''i*'™^"''''"'","- ?"
.
&
W
" <**s«nl»ed In said
m —
SS.'.'"','^'"''
mortgage
lien
executed by the Texas &
o in Texas to tbo Central 'J'rust
York. Trustee, dated Aug. 1 . A. D.
1881, on the entire line of its railway, to secure its
general first mortgage laud grant and income bonds
for 1600 00 each, bearing six per cent interest from
June 1, IHSI, due and payable only when earned. ?1.
817,00000of said bonds decreed to be outstanding,
of which ?1, 197.000 00 decreed to boa fourth mortgage lien upon said 2()0 miles of said railway and its
property, and 8fi20 00J 00 of said isiuedecreed to be
a second mortgage lion on said 49;<-5 miles of said
railwayand itspropeity; but inasmuch as the saio
entire 81,817,000 00 were issued at the same time
under the same lien of tho same eeries. and without
notice to tl;e pureha^iers of any dilTerenee therein,
the sala $1,817.000 00 is decreed to shire intheproceeda of 49 3-5 miles equally upon the b^i^is of mileage as I he 49 8-5 miles is proportion to the 206 miles
of railway and its property as hereinafter describoti
In the terms of sale.
Louia Railway
(
jJ-5
"iilP;''
making
share in
first
said road equally with
'-f
Inbofore provided.
U
THIRTY
P'"-^-^ntaga
final decree,
n:>
i
nf
ul
tiesas establi.hedanddewl-'ml^^'i'SVTh
s d'ec?e1?'
f "rtlier ., rdered that thosui,
Special M-i
,Jjt
'Vu'
ter Is authorized
and directed, in the event thitfiB
saleadvertls,,d at the time aid
Place shall for a v
gcwd and suflioientpo.se
I.
fail
m lU mltron the dai-
i>
MARINE
JOHN
P. PAUMSON, PrcBidcnt,':
JOII.N P. NICUOL^, Vice-PriHident,
CHAUI.ES W, WALT«X, 8ec. pro tcm..
THIRTY-FIFTH YEAR.
MANHATTAN
Life Insurance Company
OF NEW TORK.
156
^
&
158 Broadway,
;«i
THE
MUTUAL BENEFIT
LIFE
INSURANCE COMPANY,
NEWARK,
to
each
inilw
-
President.
$3«,«15.»1H 32
35.N57 sa7 70
a.757,4111
113
(New York Standard)
D.lU.ail 50
Policies Absolutely Non-Fort'eltable
After Second Year.
percent
"I '";inJl»<>n«I»/iavii!L'
hf^'n Nvii,.,f
I
J,
TS.
....
5urplus
a\\ li.Hprop.
riiV.Vr^*''"*-;*'-*'*
York.
II. STOKUS, President.
H. Y. WBMPLE, Seo'y. J. L. HALSBY. 1st V. Pr»8
N. 8TEBB1N3. Afy. H. B. STllKES. ad V. Pres.
fundus
'
.--u„H-,;u.d
New
Old and tried, solid, conservative, cconoinicjil. New
form of policy— plain, liberal. Incontestable, nonforfeitable. Non-partioinating, very low rate policies
issued, as well as the ordinary participating ordinary
rate policies. Hheral surrender values. Write for
Information and agencies.
Assets (.^larket V'alues)
Liabilities (4 percent Keserve)
and pn.ncrtvii* aforesaid;
also
Texas A 8t.'
irJrustCom'.,V. n.issi.on
the
OF DOI^I^ARS,
iniL,l,IONS
AMZI DODD,
'
in 1841, is
stockholders, in
cash, over FIVE MILLIO.NS OF DOI.LAllg. Issues
policies «'f insuranoe against
RISKS on
vessels, freiyht and «irj.'oes, at current rates of pre-mium, malting the loss payable at its office in New
York or iit the Ranking House of Kleinwort Sons &
Co., London, as may bo desired.
nccordlniflv as th..
Tf'trfl
of Kiidbid remains unpaMi J.ftcr
pa vments hereinbefore provided the aoolic-i
the ?mip sh
N, Y.
$500,000.
besides retur»dng to dealers and
'
i.rtc-
St.,
in,
over
a
boudrnro r^tt n,^
m^y bo?andT any p?u
Wall
This company commenced business
prl r
first ni..rt;;a'0
St. A: 1 8
oldest Marine Insurance Company in the State, and
has, since its organization, paid losses amounting tO'
—
^'^^^
Nassau
3
Cash Capital, nil paid
b>di"i^ '•^^^''^P ^-^ ^'f ^^•^'d amount $
aid 40
^'^V*^V, ^**^
and
49S-y/3I5
3-5
of said am.mnf, «
.ai.d the
.*"'"•'* *"said bond.>. re-r.ect^ipW^fh^w.''^''"^^''''*
"':'''''"*- "'"'/
e lJ"i»l *'i said gS.ie.s.&>Vn®,,'^''-^'
(NWot b_indsH'ul interest pr.j r ta
r
Fabius M. Clarke,
ATTORNEY AT TLAIV,
IV
S
MUTUAL INSURANCE COMPANY
ge "f
the general
PRACTICES IN ALL THE COURTS,
Corporation and Oonimereial Lam a Specially.
Refers to Judges Stephen J. Field and Wm. B
Woods. U. 8. Supreme Court. Washinston. D. C.
MARINE INSURAIVCE.
»-'^'^ liens of said first
mortgagS
h^^n?^.'"''^^**V**
tl'«fl'-8tmort-ago bonds beiruon1:cS
Moi'*'^'^^''i"*"'^' 1-=*i °>o"t'uge bonda being upon
49
^Vnnl/^^.f
49S--)mil(3,
the
remainder of said bid shall
t-f
A. Angier,
E.
Ittsxvvawcc.
tho others,
t.os.ulnSra.mMua^maV be
Kddln'S.^^^.^'-''"'^''
pod
in
le same manner by
thoSl.8i7.000and
Complainant.
Attorney and Counselor at Laiv^
ATI.ANTA, CEORGIA.
payments heretherefore (.rdered and
It is
& Cain,
Solicitors for
RKFEBENrKS: Hon. D. J. Brewer, U. 8. Clroalt
Judge; Corbin Banking Co., New York; Kasteriv
Banking Co and Gen. K. A. Osborn, Boston, and th^
Rank of Topeka. Topeka. Kansas.
the. remainder of said cash bid.
tfilV'^^ui^''^\
„* , aforesaid p^iyments entitled to be
2rlf
nrst paid,
bo divided into two parcels in the
^.roportion and on the basis of tho niilc
est
J. M. ilcCORMICK,
„
„
Dailas.
Texas. May 11, 1885.
S;!ecial Master.
Bni.KH, STILLMAN & UUBBAHD,
llEii.Mjo.v
TOPEKA, KAIVSAS.
5fl.817.000 of said b.-nds equally entitled to
tlie proceeds of sale of 40 y-5 miles holding
hen thereon, subjectto the
-!
Commercial and corporation law and munlctpa}''
the proceeds of saloon
o^k"***'."^"^'^'^^'^^^'^^^'"
In
49
plalnant, at the cltyof Tjlir. Texas, suljjoct to he inspected by all persons desirliiB to purchase at sold
sale, aud the saiiie will bo cxbibitcd and reau on tho
day of said sale.
Tho said sale of the aforesaid property is to satisfy
certjiin Citsts. expeases, disburs,;iiients. aUornevs.'
fees, claims oMered to bo paid. debci.tui-e>' oilier
clai ms u ml liei] s described and ment ioned In snid final
(ipci CO and order of sale; and the amount of ca.'-h required lo be II id on the bid for said property as provided In the siiid final decree a^d orUerc.f sale will
be ascertained so far as possible and Hied with the
•(Mid schedules and inveniol*y cf property, subject
to
the Inspectii'H of purchasers before said sale.
All information in possession of the Master con-!
cerninf! the property to bo sold, and tho debts against!
the s:Lme, will be given upon ai'pJioatton.
bonds, specialties.
9
acquired by danalion whuh are not
aefuallv
occupied and la Ufe by it, or iiecci-sarv
to the
ooeral^on and Mamtenaiico of its hues
road
The sa^iLratlre Sll,)^ miles of railway, 6f
together
with aU the rolling ftock and property
af hereinbefore described, to be s ild as all enti?^tv
ITie sale of said ralkway and property
Is miidn
In foreclosure and satistaction of
tliefoUowing
Ji
A second
St.
Company of New
Thotermsand conditions of the said sale In f'lreclusure and satisfaction of the aforesaid liens in and
npon said 3153-5 miles of railway and propertv;i>i
decreed to be sold to tho highest bidder, areas folkuvs, to wit:
1st. The sale shall be for cash, and thft purchaser
at the sale shall then and there pay over to the
Specitl Master the sum of J.'^O.OOO in cash, and tlie
remainder of said bid unun confirmation of the sale
and delivery of title, ns hereinafter provided.
2d. Upon delivery of title the purchaser shall pay
in ca.sh or debentures and claims ordertd to be paid
by this* ourt as a prior lien to tho tlr.-*t mortgage
bonds, such sum ns may be ascertained by the Master sufficient to pay off and satisfy 1.11 costs, expenses, disbursements, fees of attorneys and solicitors,
all debentures issued or paid out, or that maybe
issued and paid out. and all claims now adjudged t-r
that may herciifter be adjudged under the orders or
decreesof this Court, to beentitled to bofirst paid
and satisfied outof the proceedaof salebelore the
first mortgage bonds, and if any claim remains unsettled and unascert Inedat the date of thoconfirniatinn of sale and delivery of title to tho purchaser,
which should be and may afterwards be adjudged to
be entitled to be first paid out of the proceeds of sale
before the said first mortgage bimds, and the cash
paid In shall not bo sufficient to pay oflthe same, the
said claim or claims shall be and are hereby decreed
to be a first and prior lien on said railway in the
hands of the purcna.'-er, and may bo so enforce' by
the fu'ther order of this Court.
3d. AfterfuHy paying off said cla.ms entitled to be
first paid out of the proceeds of sa.o i.i casJi befure
the first mortgage bonds, thij remainder of said bid
may bo paid in tlrst mortgage bonds hereinafter ascertained to bo a tlrst lien on said railway aud property,
and whereas |S,li;8,000 of first inortgngo bonds were
issued upon and hold a first lien on ilLHrmlies of said
railway and property, and $ti3i>.000 of tho general
first mortgage bonds weio Issued upon
and ho'd a
nI^*^'i*^"V"'*-'3-5niilesof said railway, and S1.197.000 of said general first mortgage bonds Wtre issued
under the sanie deed of trust and upon the whole
and
Whemu, The said Special Master has made
bis anpllcatlen for such order of saie, now,
In said decree
XL.
a good and snffldcnt ut^T^ piaster will make
'"*
»ii:"Plo of the
pr.%ertT"s.) sold ?, il,i'
''I '™
whh'h tdfe sh H bo f oe ir-'il^f '" ""<'h^s<^rs.
-.f
In case of lapse the I'olicy Is coxtixueb ly
fOHCE as long as its value mil pay lor: or, If pre-
a Paid-up policy tor Its full value Is issued
v . la
«.
*
exchange.
After the third year Policies are lNCONTKST\niE
except as auainst Intentional fraud and all reatricterred.
;
twiis
ipripertyfopold by sal
said railway corporation or
:i;r if. and tho
said'pu'rcliiis'er" or
pari
th.
-,
,vw,**/
"'wV.
hi';,rl':
w-^
•nMUfau
UvMMVith
llnpfi... i«,"..f,.,,
Ix"'.r..r ir„.
„,,.
•
prop.
«M--r
.)
I
1
th.,
I
ml'
1,14
'
to tntrtl Of "ccuihitinn nr^ vfinnirrl
I.osSKs paid Immediately
roval of proofs.
I'crlyappiied'.
? J^'uTlson R. l\nllo. Chief
thescal of ti o n>?" I'V!''- °' ','>'- l'"'"^" 'dos,
IthdayoM lav n?i'''*""''^l''e'-cor..-,t ^^''>co
.|,t,ce i.r th,.
(js
Casu j.oans are made to tho extent of 60 per cent
'esei'vc value, where valid assignments of the
Voliclos
,V'I'
can be made as collateral security.
upon completion andap-
Sn.'.r.','^;'"
*d, c'i anrelBl.ty:{r„L''L^.?".°'.
'i'^'-..^'^
anaot American
r,U";;la,'i'.>';;!,>--'"«
iadc;.Jn:
i,.*io 109th year.
,'Sl'
dont'o
't:'i}:. lije
Chronicle
Numbers
^VAIVTED.
367, 970, 981 and December, 1884.
Snppli-iucut.
fS?iy>"d«r<Ml.
fen Cents lor each of the above paid
-V:
70
-.
""'^f
WILIdASt STREKT.
at the OIHco.
'
,
:
June
THE CHRONICLE.
20. 1886.]
IX
litisni^ttcje.
<i^0tt0tt.
The United
OFFICE OF THE
ATLANTIC
in
Insurance Co.
THB CITY OP NEW YORK,
Broadirar, >'ew Tork.
U. BKOSNAN. Prwldant.
T.
Mutual
Insurance
Co.,
NEW YORE, Januarr 24, 188S.
The Tnisteee. In conformity to the Charter of
the Company, Riibntlt the following Statement
of Its uflairg on the 3Ut December, 1884:
Premiums on Marine P.l«ks from
Igt January, 1884, to 3lst December, 1884
$3.9.'S3,039 44
Premlnnig on Policies not marked
offlst January, l«8i
1,147,756 70
Total Marine Premiums
Fremlums marked
$3,405,796 14
from 1st
January, 1884, to 31st December, 1884
$4,066,271 04
olT
Cxisses paid during
the
fjnlted States and State of New
Tork Stock, City, Bank and
other Stocks
$8,776,685 00
Loans secured by Stocks and
2,005,100 00
440,000 OO
Amocmt
....$12,938,289 38
BIX PER CENT INTEREST on the outstanding oertlflcates of profits
will be paid to the holders thereof, or their legal representatives, on
and
Paym'ts to Policy-holders
for Death Claims, Kndowments, Annulttun, Surrenders and Ulvldonds
«7S,983I>R
IWI i
New
after Tuesday, the Third of
The certihoates to be produced at
payment and canceled.
A DIVIDEND OP FORTY PER CENT
J. H.
January
THE SOCIETY
THE
Edmund W.
Adolphe Lemoyne,
W. B. H. Moore
Robt. B. Mintnrn,
Charles H. Marshall,
WlUlam Bryoe,
A. A. Raven,
Wm. Sturgis,
Bervjumln H. Field,
Josiah O. Low,
Horace Gray,
William E. Dodge,
WlUlam H. Macy,
G. i^ Hand,
John D. Hewlett,
Corlies,
John Elliott,
James G. De
Forest,
Charles D. Leverich,
Thomae B. Coddington,
Horace K. Thurber,
William Degroot,
John L. Riker,
N. Denton Smith,
George
Bliss,
Henry E. Hawley,
William H. Webb,
Charles P. Bardett,,
NEW
McCURDY,
R. A.
President.
WMENT POLICIES
JONES,
President,
T. H. H. MOORE, 2d Vice-President.
BAVEN, 3d Vloe-Freeidest.
Co..
New Orleaoa
& Gwynn,
COMMISSION MERCHANTS,
16 and 18 Ezcbause Place,
NEW rORK.
Feroos Rno.
Post Btnt-DiNo,
Tbeo. H. Pkio,
&
Price.
Reid
&
Co.,
& CommiBsion Merchant*
NORFOLK, VA.
Cotton Brokers
Liberal advances made on Cotton oonslinimenta
Special attention given to the sale of cotton to
arrtre or In transit for both foreign and domesUe
Bsarketa.
Correspondence
solicited-
&
Farrar
Jones,
PEARL STREET, NEW TOBK.
182
Liberal advances made on Cotton conslfrnments
Special attention aiven to orders for contracu for
future delivery of Cotton.
EVRE, FARRAR *
CO.,
NORFOLK, VA.
141
PEARI.
ST.,
& Co.,
NEW^ YORK.
COTTOIV.
Adrancefl made on Consliminenta of Cotton. Con*
t'-acts for Future Delivery of Cotton bought mnd
8 ^Id on oommlssioo.
Alexander
&
Cargill,
COTTON BROKERS,
AIJGVSTA, OEORCIA.
Rates Lower than other Companies.
ORGANIZED APRIL
Buck &
COTTON FACTORS
YORK.
ISSUES STERT DESCBIPTIOK OE
LIFE& END
If.
Fielding
LIFE
OF
14, 1842.
COTTON
Entire attention given to purchase of
Assets,
-
$103,876,178 51
-
TO ORDER
for
SPINNERS and EXPORTERS.
Correspondence Solicited.
RBraRENCBS.— National Bank of Augusta, Oa
Hentx
Henrr
Jt Co., Commission Merchants, New
York William B. Dana dt Co., Proprietors COMMXariAL & Financial Chkoi^icle, and other New YotX
;
llonses.
ONLY
ST. SIMON, Durand
OI.1.NUE, Hodrluuez
134
53
Wed.. Juno 24, 3 P. M.
Wed., July 1.7 A.M.
(includiutf wino):— To
^;
Havre to Paris.
The CompHKDle Generale Transatlantique delivers
at Its office in .New York special train tickets from
Havre to I'arls. BaKKfiite checked thruuKh to Paris
without examinnti>»n at Havre, provided passenKers
have the same delivered at the Company's dock In
New York, Pier 42 .\iirth Klver. fool of .Vlorton St.,
at least two hours before the departure of a steamer.
I.OVIS
DE
BEBIAIV,
As<>nt,
No. G ilou'llnn; <;reon.
COTTO.\ BROKERS,
BEAVER STREET, NRW YORK.
Hoftmann,
F.
Havre—
Special Train fVom
PEARL STREET, NEW YORK..
WALTER &KROHN,
NuKMANDlK. Kraniieul
Wed.. Julys, 2 P.M.
LAUKKNT. De Jon98elln..Wed.. July 15. B A. M.
First cabin, (100 and
second cabin, $B0: steeraxe, 1*^2— includioK wine, bedding and utensils. Return tickets at very reduced rates. Checks on Banque
Tr&nsatlantique, Havre and Paria.in amounts to suit.
Co.j
COTTON BROKERS,
ST.
Pkice of Passage
&
Geo. Copeland
Direct Line to France.
GENERAL TRaWaTLANTIC CO.
Detween NE1V YORK aud HAVRE.
38
COTTON BROKER AND AGENT
RUE DE LA BOURSE, HAVRE.
JOHN
CEISBY
II.
CO.,
&.
COTTON BUYERS,
-^
-nONTGOafERY, ALA.
"^^
PtTBCHASE 0^•LT 0» ORDERS FOR A COHIfUaiOB
James F. Wenman & Co.
COTTON BROKERS,
No. 113
PEARL STREET,
Established
William D. Morgan,
Isaac BelL
CHARLES DENNIS, Vice-President
A. A.
CO.
In a Hiuall boat.
'Charles Dennis,
James Low,
David Lane,
<}ordon W. Bumham,
Messrs. Samuel
Henry M. Taber
MUTUAL
laM
Llrerp<jol.
PROMPT PAYMENT OF CLAIMS.
Pier (new) 42, North River, foot of Morton St
Travelers by this line avoid both transit by Knuiish
railway and the discomforts of crossing the Channel
J. D. Jones,
D.
ISSUES
ISTDISPUTABLE ASSURANCES
INSURANCE
i<:.xriiA.VQB
CHICAUO BOARD OV TUADK.
CORIICflPO.M>ENTa
Mesara. Smith, Edwards A Co., Cotton Brokan
From
TR CSTEBS
JOHN
1,
Is
Secretary.
the
Price,
the Board.
CHAPMAN,
CSRAIJV A.%D PK0VIKI01V8
theNKU- ronK PiioDi CK
at
Late of Sure, Farrar
1885
$58,161,925
Surplus at 4 per cent
10,483,617
Income in 1884
15,003,480
Paid to Policyholders during
last 25 years
81,072,486
-Assets,
declared on the net earned premiums of the
Company, for the year ending 3l8t December,
1884, for which certillcates will be Issued on
Bd after Tuesday, the Fifth of May next.
By order of
COFFEE
attbeNKW TORK CUrFRR KXCUANOS. aa«
BROADWAY, NEW YORK.
120
February next.
of
the issue of 1880 will be redeemed and paid to
the holders thereof, or their legal represent»tlTes, OH and after Tuesday, the Third of Febmary next, from which date all interest thereon
the time of
^<yi,14ei8
IMK» i 1884.
EQUITABLE
THE OUTSTANDING CERTIFICATES
will cease.
1H82.
Inaoranoe Written. ...«r.,flfl4,81I 00 f»,llJ.488Q0
Keo 31. 'H'Z. Deo. 81, 'm.
Insoranee In foroe
tlT.ltvr.lOS 00 |lU.7eo,ae4 00
Interest due and unpaid on Total Assets, Decernber31. 1H»4, NONB.
AND MAKES
1,454,959 73
261,514 65
Bank
C O T T OW
NRW rOKK, MVKHPOOI, AND NKW 0I>
LKAN8 COTTON KXCilANUK^, Also orilw* for
at the
18M.
1883.
$787,789 40
Assets, vlz.:
otherwise
Beal Estate and Claims due the
Company, estimated at
Premium Notes and Bills Reoelrable
8 Month William St., New York.
BXECUTK OIIDKKM KOK Ft'TUKB DKMVBBT
CoMPAKigoN or BvBiyiae.'
LIFE ASSURANCE SOCIETY,
Premiums and Ex-
of
penses
In
AJI the proflti belong to the poUo7-holdera ezclualTelr.
All Policies henceforth Umieil era Inoonteitable
fur Knr cauie aner three jteitra.
I>eatn Claims paid at once aa aeon aa aatlafaotorj
proofs Hre reoetred at the Home Ofllee.
Absolute secnrltr, combined with the laniest liberalltT, asHures the popularitr and socoess ox this Co.
All fonu i>f 'I'ontlne I'ollclos lasaed.
UOUI) AQKNT.-i, dcslrlnii to represent the ComSanr. are Invited to address J. 8. UAKFNBV.
uperlntendent of Aitencles, at Home Oflloe.
$2,109,919 20
The Company has the following
Cash
FRALiiaa, Sm'j. A. WaiEil.WBiOHT, Am'I 8«r.
Geo. II. Bt'Hronn, AotiuiT.
same
period
Betums
C. P.
Co.,
COMMISSION MERCHANTS,
(OR(iA.NI/KI) IN 18M.)
& 20»
801, 202
&
Henry Hentz
States Life
Wajuucx ewik,
fin
N. Y.
Tontine Bnlldlns) IMO.
jr.
John M. ewxh.
Ewen Brothers,
JOSEPH GILLOTTS
COTTOM
BROK!:jKg
STEEL PENS
No«. SI * 83
wo
Soto By all DEALERSThrouchoutThc
RLD
S01.D MEDAL PARIS EXP0SITION-ia7B.
/
Br<>Su|8tre«f
1
[June
THE CHRONICLE?
'^isc&XXmitans.
©uttoti.
Benry
Walter T. Batch.
Stillman,
MERCHANTS,
Exchange Place
PMt Building, 16 & 18
NEW
,
W. T. Hatch &
Church Street, N. Y.,
D„.„-v„r,..,..»a513'-*
OrFicBSj.^j^g Chapel
BRANCH
St., New Haven
—with Interest upon balances.
2
4
4
Special attention paid to INVESTMENTS and
accounts of COUNTKY BANKERS.
New Torh.
Phenix Insurance Co.
OF BROOKLYN,
CHARLKS MATHOrF.
von Gundell & Mayhoff,
COTTOX BROKERS,
YOEK.
»(*
Personal attention ulTsn at the EXCHANGES to
tbe purchase and sale of STOCKS and BONDS for
cash or on margin.
DKP031TS KKCEIVBD— scblect to check at sight
COTTON MERCHANTS,
rOB CONTBACTB
anOIAL AITINTIOK TO 0RDEB3
COTTOK.
rOB rOTCB* DELITIBT 0»
sniTABLK TO WANTS
OVrtOtf. AM, ORADBS,
OF SPINNKUS,
omnxo oa T»bm8 to sot.
TOM Or>D«.I.
STONE STKEKT, NEW
195 Broadway, New York City.
Company 1st Day of Jan., 188.5.
fl.000.000 00
CASH CAPITAL
Office,
G. E. Staenglen,
NEW
HfEW YORK,
MAYOOFF
TON cuwdellT*
BCyKRS.
statement of
nBnPHIS, TKNN.
&
AGENT FOS
HO. 123
PEAEL
executed In
Oid«ra for f atore dellTery of Cotton
•w York and
Liverpool
and Pro-
also for Grain
;
&
Co.,
LKHMAN, STERN 4
ContracU executed
New York
In
HoPKnfs. Lrcirs noPKius Smith.
CUABI.IS I). MILLEU.
Hopkins, Dwight & Co.,
C O T T O X
COKMISSION MERCHANTS,
rOTTON EXCHANGE,
gass
Yo
&
MTNA
OF HARTFORD.
Chckch strbet,
Nenr YorU.
e'^ ecuted at the Cotton KxchanRes In New
Office, No. 204
Asset* January 1, 1885
Moh:r,
and
Cottm CommUgii)
:
NET 8UEPLDS.
HANKUAKN.
JAS. A.
Future
OP
Contfrt-
Rouritree
OHANGE,
NO"' /O'liK,'
Waldron
VA
&
'97
PEARL
LIABILITIES:
'
U.' 8.
,
COT.T.ON
.
Orders
Liberal advarot
Bp.T-al att
Perkina
._
urdm
'-
BROKER^.
^t, New
>
for BpalM3otU>n>4ttt Futnr
«iecvt«4.
\
i
In " Futures''
'
Co.',
.STRKEir.
k,
orompUT
8t.,
'
WHITE,
'
.
:ercm/
ALFRED PELI^
'
Commission In lS7ti reported an
Hams. ".*'4rat, tjio exc^illout tliLSor
•'-Socond,Mt!;good-keel)ing"quaIity,
w^s
mg Grocers.
.
)
\
00
N. Y.
BLAODEN,
(OF ZONDOS.}
demoittrated bythe perfect -frEShiiess- of liams
"- '
cur o rl» .ia
H. Sold by Pro» l*l»i> He iifew aad
j
$3,301,747 61
.815,210,33'i
r,EVI YCHJf.
executed at N. Y. Cotton Exch.
FORTY-FOURTH YEAR.
tlie»e
of th'e-meitV.**
i
E.'
c
Tlie Centennial
award to
.
.
''SAM. P.
Jfunagora.
.'JASrF. DUDIiEYi Supt. of Agencies.
DAYIS, JR., CINCINNATI.
S.
'
years
.
DIAMOND HAMS.
n-aie on cotton consignments.
x 1} V* orders for contracts for
S. In 18
WILLIAM STREET,
_85
.
And General Commission Merchants,
rotton Bxcbanxe, Neir York.
^
•
Bniscii Offici?, 54 Wii.lia.m
CHAS.
Tainter,
FELLOWES. JOHNSON & TILESTON,
JJOTTON, STOCKS, BONDS, Ac,
& 'Wakefield,
.
.
Losses paid in U.
'
"buttle
1885.
1,
$3,301,747 61
i^
Reserve for Unearned Premiums. ...
fl.Jt:,'
Jg
Reserve for Unpaid Losses
^'"„TiZa
Other Liabilities
, ae,A*i\l^tS
87
.1,984,558
COTtON' ME iiCii Aif'Ts",
;
Branch Statement Jan.
Net HurplUB
SAM'L D. BABCOCK,
82 Nas-jau Street,'New Y'ork.
•
1^
'
Co.
Ins.
Invested and Cash Klre Assets
'
(V«n to the execution of orSpecial all en 1
-"las*;
-d sale of .Cotton,Graln, and
f'^rthe
•
ri^ dullvary. Orders alfo executed
Frovi-' r^
t'lrolenm Bxchuiireand Stock
nileg male ontonsliiniaeiits.
4tn
York.
Aeeui.
British
Mercantile
U. S.
and
GOnmSSION 7CERCHANTS,
COTTON.
New
ALEXANDER,
LONDON AND EDINBURGH.
ORDEES FOB FUTUEE CONTRACTS.
Receive coni>lKnment8 of Cotton and other Prodnce
exectite orders at the ExcbanRes In Liverpool
Bepresented In New York at the office of
Co.,_
1>.
lf£:v VORK,
&
Orleans, La.
COMMISSION MERCHANTS,
IT Water Street, LIVERPOOL,
a.
.^id
New
York.
B.F.BABCOCK&CO.
and Mis of
pn- jbaae
92,904,490 65
St.,
North
GRAVIER ST.,
Special Attention Given to thb Execution
JEW TORK.
MantlonflTantotbe
186
85
OF
Merchants,
Exctaanse,
ST.,
2,010,0i!6
4,000,000 00
Capital
Hanemann& Co.,
PEARL
New
& Co.,
'ill
$9,01,
tor unpaid losses
re-lnsurauce fund
.
Liabilities
Co.
U. W.
Company
Insurance
LlTBIlPOOI..
Robert Tann
H.
J.
J. itlARTIN, President.
WASHBI7RN, Secretary^
No. a Cortlandt
123
AND
CHAS.
BRO'S,
WU. MOHR.
$7,895,090 5S
Cash Assets, Jan. 1,1885
.
:
•'OSTBACTS KXeCUTItD IS
Ktn
Oanms ron
vr^
Co.,
York and Liverpool, and advances made on Cotton
ana other produce couslxned to us, or to our corresMessrs. L. Kosenheim &
pondeutb in Liverpool
Sons and A Stern k Co.; in London, Messrs. B. New-
:JEW YORK.
Ctttton
OFFICE 119 BROADWAY.
CASH CAPITAL
»S'S92'?22
COHIMISSION MERCHANTS,
No. 40 EXCUANGB PLACE,
UEMBBSS OF TBE COTTON, COFFEE AND
PRODUCE EXCHANQEH.
Orders
Company
OF NEW^ IfORK.
Cotton AND Factors
Up-town
Sec'y Local Dep't.
SS
2,847,58.5 00
Reserve for Unearned Premiums
405,798 64
Reserve for Unpaid Losses and Claims.
1,141,726 bl
Net Surplus
Montgomery, Ala.
LEHMAN
New York.
8EUIA, ALA,- MONTGOMBRT, ALA.
Biirers of Cotton for a Commission.
Lehman, ditrr &
Co.,
New Orleans, La.
BURKE,
Insurance
NEW ¥ORK.
Cotton Commission Merchants,
Ho. 19 SOCTH WILI.IAM STREET,
C.
Co.,
WARE t SCHBOEDBR.
COTTON COMMISSION MERCHANTS,
Successors to
'
John C. Graham
acnATrg
&
Schroeder
P.
HOME
Cotton Exchange Building,
tMobs In New Torlt.
Orden for Future
BDd Liverpool.
FRANCIS
Paid-Up Capital, E. M. 6,000,000.
G.
NEW YOEK.
8T.,
CROW^EIil., President.
WM. B. CROWEI.L, Vice-President.
PHILANDER SHAW. Secretary.
WM. OUAllTERS, Assistant Secretary.
Authorized Capital, R. M. 20,000,000.
COMMISSION MERCHANTS,
2,.seo,9e6
$1,842,430 25
STEPHEN
COTTOS COMPANY OF STUTTGART.
Bless,
97
287.827 87
610 ,991 18
Reserve for unearned premiums
Reserve for unpaid losses
Nelsurplus
ORL,EANS,
COTTON
Gwathmey
Sons,
BANKERS,
NASS.VU STREET, NEW YORK.
INMAN,SWANN&Co U
IfOBK.
SECURITIES.
yatm IIABT OS ACCBPTABI-B
Contlgnmenlt.
<m
OoMh AdtantM Madt
A. C.
P. Batch.
Arthur M. Balek.
Nath'l W. T. Haleh.
&
Woodward
20, 1886
'
@FedFRASER