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I financial xmm AND^ HUNT'S MERCHANTS' MAGAZINE, ^ Weekly §etr$papev» aKPRESKNTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES p:iitered aooordlag to Act of Congnu, lo the year 1891, hy Wm. B. Daxa A Co.. In the olOoa o( the Ubrxlui ol Coa gr au Washington, D. a] , VOL. SATURDAY. JUNE 62. NO. 20. 1891. 1,356. Instituting comparison with the corresponding period in 1890 there is a decrease in the whole country of 20*7 per cent, the decline outside of New York being 10*8 per cent. Thirty- %]xt (^hxonxtlt. eight cities exhibit smaller clearings than in the previous year, the most important losses in matter of ratio being at Wichita, 44 per cent Birmingham, 33*4 Chattanooga, 29*5 Terms of Subscription— Payable in Adranee: $10 20 For One Year (Including postage) do. 6 10 For Six Months (Inclading 11 50 postage) European Subscription 6 75 European Subscription Six Months (Including postage) £2 8s. Annual Subscription in London (including postage) do. do. £19s. Six M09. do. ; ; Lake City, 281 Boston, 27-fl New York, 3«-7 Omaha, 25-0, and Dallas, 24'3 per cent. There are, however, some points at which the gains are marked, notably Galveston, 77*8 New Bedford, 45-4 Des Moines, 36-5 Norfolk, 326 WashCommerchi. ington 30-6 Topeka, 24-6, and Los Angeles, 20-8 per cent. Salt ; ; ; . Terms of Adrertlsinar. A tlon at the office. The lowest rates on permanent cards rteflnit«ly ordered for one year are 8 cents per line each insertion, making $58 for one inch space one year. Space is measured in agate type— 14 lines to the inch. These prices include the Isvbstors' Sopplement, of 150 pages tosned once in two months, and furnished without extra charge to enbscribcrs of the Chronicle. flle cover is furnished at 50 cents; postage on the same is 18 cents. Volumes bound for subscribers at $1 00. Subscriptions will be continued until definitely ordered stopped. The publishers cannot be responsible for remittances unless made nydrafts -or Post Office money orders. A 1 Drapers' Gardens, E. C, wlU take sub aoriptlons and advertisements and supply single copies of the paper at Is. each. WTLUAII B. DANA. fOHN O. FLOYD. ; lVII.I.IAItI B. Week »»iCt June t. New York Sal«« of— (dtoeki ffiaru.) 6a(u.l (Cotton InuMt., (Ora<n (PttraUum VbU.) Boston I'roTldenoe Hartford New Haven, Worcester EowARDS & Smith, DANA & Co.. PablUbers, 102 nrilliam Street, NEW Post Office box 958 YORK Portland I,,owetl New Bedford Total New Bogland. Plilladelptala. Pltlaburi;. Baltimore Buffalo Wai«hlnKton Rochester CLEARING SOUSE RETURNS. The following table, made up by telegraph, etc., indicates that the total bank clearings of all the clearing houses of the United States for the week ending to-day, June 20, have last week and $979,68.5,628 'been 11,020,122,463, against $1,140,115,717 the corresponding week last year. CUtARDIOB. Bttvrru I>v TeUgrapK Hew York Boflton....-* -•••«•. Philadelphia Baltimore Ohicago Bt. Louis Hew Orleans .....*•• ••• ....... Week BnUm June 1891. $494,406,833 66,909,964 60,938,866 11.274,816 73,666.000 17.437,170 6,903,878 1890. $667,999,636 77,3»9.087 61,396,694 11,261,646 87,690,000 17,782,160 6,843,219 Cleveland Columbaa —13-6 —17-0 -l-Ol -f8-8 flO -9-8 126,849,911) -rl-7 Total all cities, 6 days.. AUoltles, Iday $849,806,190 171,310,273 $926,071,248 214,044,469 -20-0 $1,140,118,717 — 10-6 $1,020,122,4113 Ssnrranelioo Portland Salt Lake "i'JS'SS *.?•*••?* CItj. Seattle Tacoma Los Anffeles -1-9 (799,221,332 of clearings for the Total Middle Wattera -11-4 lait.g? 3,649 full details Glnotnnatl afllwaakee Detroit Peoria PtrOmt. (720,832,641 Total all 01 ties for week. ToUl Middle Chloago Orand Baplds.. Seven cities, 5 days. Other cities, S days. ...... The WilmlnKton, Del Syraoute Indianapolis... 20. -8 week covered by 2 the ; ; dprlngUeld.. Iiondon Asents : Messrs. ; ; Advertisements ordered for less than one month, in the Financial Ohronicle, are published at 25 cents per line each insertion. When orders are definitely given for one month or lonRer, a liberal discount is allowed, and the net prices may be obtained on api)llca- Total Paelfle Kansas City Minneapolis Paul St. Omaha Denver, Dalath. .. Joseph SIODZCItf Dee Moines Wlohlu. St. Lincoln Topeka. «bove statement will be given next Saturday. We cannot, of Total Other Western., course, furnish them to-day, bank clearings being made up by St. Lonia the various clearing houses at noon on Saturday, and hence in New Orleans Loolsvllle the above the last twenty-four hours of the week have to be Memphis, Rlotamond In all cases estimated, as we go to press Friday night. Below QaiTeatoo NaahTllle .. is that are our usual detailed figures for the previous week, Dallas Fort Worth covering the returns for the period ending with Saturday Norfolk Chattanooca, noon June 13, with the comparative totals in 1890. Birmlnaham Ijexloatoo It will be noticed that compared with the week ending June Hoaston* hundred oflf of nearly one current falling total records a A the Total Soathem, and fifty-one millions of dollars, New York showing a loss of Total all. one hundred and four millions. Operations on the New York OnUlde !»«w Tork. 4U.Ml.g7T Stock Exchange show a further decline. •Hot Inoladed In totals. THE CHRONICLE. 912 Money rumored change of policy at Washington construed as endangering Treasury stability in a word any idle gossip which may reflect directly or indirectly upon our unfortunate currency condition, seems to be enough to cast a shadow over the whole industrial outlook. What we call money is as easy as any borrower could wish, and just now promises to be easy for short dates through the year, even though the Government should not add a dollar to the stock afloat. Becation of a revival of gold exports; a — sides, supply reason every there is will be added made to expect Secretary to. week that Foster, the in said, in speaking of the extension of 4^^ per cents 2 per cent, that "if our hopes are realized we will an address "be this "to the currency country." of the tion of the Secretary to chase all at him in per cent; for the sugges- evidently refers to the proposal this city by certain banks to pur- the 4^s which are presented for payment and take out bank currency on them if the extension shall be fixed on a 2 per cent basis. Hence the most prominent Treasury plan under discussion, one which has served many Exchange, a turn in depressing prices at the Stock is, it seems, to be carried out so as to in- crease confidence in it is light for shorter dates. The some This statement contracts have been made at 5 per cent for four months on Government has determined extend the 4^s at 2 made branch of the market towards the close of the also the possibility of that condition continuing after the first of July. We refer to the fact that railroad companies and financial institutions who have accumulated funds for distribution on and after July for interest and dividends, are now liberally supplying the market and they are willing to take whatever rate they can get. The demand is not urgent and consequently rates are low, loans having been madfr this week at 4 and 1 per cent, averaging 3 per The cent, at which renewals have been made. banks and trust companies quote 4 per cent as the minimum, but they are loaning comparatively outside little their regular customto any one ers. On time contracts the supply of funds for short dates is also liberal, but for long periods there are comparatively few lenders willing to put out their money; the demand is good for any time above five months, while add $25,000,000 in national bank notes quotation for sixty able to clearly indicates that the to Ohio, in There is which sug- very abundant. just now, a reason month and slightest indi- Paris; the call is this A or on L.II. gests the probability of there being greater firmness to business situation continues to be unnecessarily but keenly sensitive to every influence calculated to mere suggestion of emaffect monetary affairs. The London offering a special reason for this THE FINANCIAL SITUATION. barrassments at [Vol. Treasury methods, in Treasury all to ninety days is 4^ per cent ; dividend-paying stocks as collateral, but the quoted rate for this period 5^ per cent. For on good Stock Exchange security is and seven months 6 per cent five, six and the report that 5 per cent is the rate for must be an error. For commercial paper One there is a good inquiry from out-of-town buyers. or two city institutions, other than banks, have bought paper this week, and the city banks generally are makThe ing inquiries which indicate early purchases. supply is good, but not pressing, and rates are 5^ per cent for sixty to ninety day endorsed bills receivable 5f to 6^ for four months commission house names, and 6 to 7 for good single names having from four to six months Four of the larger banks last week reported to run. surplus of $4,247,100 out of $10,484,825 held by all a the banks, reflecting a more general distribution of is bid, those dates ; and in currency and monetary steadiness. Of much the same character we fancy are the disturbing rumors based upon Secretary Foster's remarks in Ohio with reference to the enlarged coinage of silver dollars. It does not seem to us that the inference drawn from his words, to the effect that the Government surplus reserve. is contemplating turning the whole 4| million ounces of The Bank of England reduced the minimum rate of silver now purchased each month into silver dollars, discount to 3 per cent on Thursday, indicating that the can be correct. The " discretion " the Act gives under effort to maintain higher rates, by combining with the which those purchases are made is only for a coinage joint stock banks, has been wholly abandoned. On " of as much as maybe necessary for the redemption of Wednesday and Thursday there were disquieting rumors "the Treasury notes" authorized by the Act. That from London and Paris, the latter being based upon evidently means that the. necessity for dollars as a reports of a revolution in Portugal, while the London means of redemption must first exist before any more rumor had its foundation in the fact that a prominent stability, can be coined ; and that necessity never can exist so long (1) as the Government has on hand a supply of the silver dollars coined, or silver notes issued unaer the Act, or (2) so long as it has gold coin in the Treasury. financial house, reorganized as a limited company not long since, had met with some difficulty in lenewing loans, but satisfactory arrangements were soon made. This London affair is only an illustration of the trivial matters which are daily disturbing the situation here and which in reality are of very little moment so far With respect to the as our markets are concerned. on the part of the note-holders for redemption, could revolution expected in Portugal,all the evidence in proof prove the necessity. Besides, it is well enough to re- of it turned out to be the circumstance that Portuguese member that the Treasurer already had on hand June bonds fell. There was a withdrawal of £1,500,000 1st 22 millions of these silver dollars created for the gold from London for Russia early in the week, and this sole purpose of redeeming these very notes. And there had some influence upon the markets there, the specu- For the right given the Secretary to redeem the notes in either gold or silver ; hence only a present or threatened prospective lack of both, added to a pressure is and prevent any necessity for coining more, for they can never be used to increase the silver currency since the dollars and the Treasury too, those dollars will stay — notes cannot be afloat at the same time that is to say there cannot be outstanding at once two representatives of the same piece of metal. forbids that, and the law did not. common The law sense would forbid expressly it even if lation being very circumscribed. The cable reports discounts of sixty to ninety day bank bills in London 1^ per cent. At Paris the open market rate is 2i and at Berlin and Frankfort it is 3^ per cent, Germany being due to preparations for The Bank of England settlements. gained £732,000 bullion during the week. This, as we the rise in semi-annual are informed by special cable to us, was due to imports THE CHKONICLE. JCNJi 20, 1891. ("bought" 918 open market and from Portugal ) of attempt appesrt to be made to keep within the limit £1,290,000, to £271,000 received from the interior of agreed on, and it is difficult to tee what in to be gained Great Britain, and to exports to Russia and the Argen- by going through the form of regulating the prodoctine Uepublic of £829,000. The Bank of France shows tion when it is known and nndcritood that no one i» an increase of £760,000 gold during the week, and going to be governed by the action taken. The tUUsince the last report the Bank of Germany has gained ment of the amount of coal mined daring May, about £262,000 of this metal. received yesterday from Philadelphia, farniaiiea a Foreign exchange has been dull and firm this striking illustration of the difference between "agreed* week. Long sterling was influenced by a scarcity of and actual resulta. On the 2Ut of last A|iril the commercial bills and also by easier discounts in Lon- sales agents of the companies met at the Fifth Avenne don, but the high rates ruling for these bills Ilotel and solemnly re80lvc<l that the amount of coti brought out some loan drafts, the offerings of which to be mined by the producers du; in ; the month of May tended to check the advance. Were it not for the should be 2,500,000 tons in the aggr:,'ite. The state* fact that our market for time money is in such a con- ment now submitted shows that the actual production in the the that dition proceeds of loan bills cannot be supply of these was 3,339,534 tons, or no loss than 839,534 tons in amount agreed upon. And the same diswould be greater. Short sterling has been kept firm crepancy existed in the month preceding, the oatput by a steady demand to remit against stocks sold for having been fixed at 2,000,000 tons and the- actual proEuropean account, and also to remit for other pur- duction being 2,813,693 tons. Thns we have for the poses, and this inquiry has absorbed the supply. No two months an excess above the agreed output of gold was taken for shipment this week until yesterday, 1,653,227 tons, or at the rate of about 10 million when the engagements reached 12,500,000 in addition tons a year. $250,000 will go out from Boston to-day. On MonBat notwithstanding the heavy production, the day Brown Bros, advanced the long and short rates to situation, as already said, appears to be quite encourage 4 86 and 4 89 respectively, making them uniform with ing. As against the 3,339,534 tons mined in May, On Tuesday Brown. Bros, and 1891, the total in May, 1890, was only 3,096,551 tone the other drawers. the Canadian banks moved the long rate up to and in May, 1889, only 3,016,531 tons. Neverthelees 4 86^, leaving the short unchanged, and on Thursday stocks at tidewater points were slightly diminished Baring, Magoun & Co. also advanced to this figure during the month, amounting to 692,874 tons at the making rates by all the drawers uniform. The market end, against 711,571 tons at the beginning. In addiclosed firm yesterday, with nominal rates 4 86^ for tion it is claimed that stocks at interior points were 60 day and 4 89 for sight. Rates for actual business also drawn down, though there is no official informawere 4 85^ to 4 86 for long ; 4 88^ to 4 88^ for short tion in that particular. Tidewater stocks are lower, too, 4 88i to 4 89 for cable transfers ; 4 84^ to 4 84f for than at the corresponding dates of other years. That prime and 4 84 to 4 84^ for documentary commercial is, while the amount now is 692,874 tons, on May 31 Mr. Brock,. of the Bureau of Statistics, has 1890, it was 719,939 tons, and on May 31, 1889, aa sterling. issued his preliminary statement of exports much as 962,066 tons, and even in 1888 812,425 tons. week ihis of breadstuffs, cotton, &c., for May, and we have Allowing for the changes in stocks, we get the followarranged the figures with previous years' returns in our ing comparison indicating the probable consumption usual form for comparison. during the last three years. doubtless the placed, satisfactorily excess of the ; B^POKTS OP BKBA.U8TUPP!). PROVISIOKS, COTTOli AND PETROLBDM. JanMary 1 Vav. 1988-89. Sxvorts from U.S. May. May. AnlhraMt Wbest.busb. Flour... bbl«. Wheat, .bo. Com... bush. Tot. bush . 47.405,391 10,236,881 9.8M,7S1 93.464,606 8,858.U6 1,921,701 27,090,094 10,106,072 11,806,425 120,554,700 18,964,188 992,404 Talutt. » 10.684,018 1,493,768 t 98.483,280 16.091,026 22.93S 128.509 203,411 680,653 588,604 Rre Oats A meal Barley I ( 8.138.838 4,342,636 358,969 928,720 14,669 50,844,625 11,135,168 100,852,1 83,126,742 8,467,232 747,3081 of period 711,671 Ton*. 827,424 8,280,146 Production 3,338,634 3.096.661 7,213,286| 62,634.192 14,073,419 94,134,168 39,761,002 t 6,441.624 78,821,619 30,712.441 1,104,504 3,238,886 21,662 4,128,529 46,382 736318 16,221 472,578 836,075 8.762,866 111,045,688 148,168,770 10,630,127 104,682,383 5,146.257 246.481.418 47,273,236 4,684.3361 46,781,661 10,263,187 231,865,491 3,988436 46.158.554 Tot. value. 'i6,«ii,e48 685,420,011 36,560,506 676.236,872 84,644,806 402,762, LSO Cotton Petrorm.Ac. 3,584.561 * Ineludliur cattle and boss In all 13,04.'i,17B; months and 1880. 1801. 1800. Hay 31. Ibns. Tbns. Tom. Tbns. 636,662 1,028,107 904,628 3.016,631 144St,8Sl 11.820.800 6&I.1M Hr 4,061,106 8,923.975 692,874 718,839 Disposed of 3,368,231 3,981,160 14.7«0,e0« 12,94a48T,U,T««J41 719,0901 8e2.o«e 6023741 8.010,008 14.027,610 12.tS6,SS8'U301.a7* From this we see that the companies apparently found a market for 3,358,231 tons of coal in May, 102,!>«5 13,684,733 138,866,022 •• Totu. Total supply end of period St'k 1 12,330,231 108,866,884 9.2S6349 147.128.033 11.460,987 281,061,768 Br'dstuffe.. Provisions beginning . 80.221,902 6,830,123 1880. 42,916.247 Stock 4,302,298 6,e8e,9°7 798,497 Wht & flour. Coro Ameal- 1891. llMtmUu. 3fav. Qtuuitltiet.. to Coal. years. It will be noticed that the total value of these articles exported this year in May is just about the same as in 1891, against 3,204,036 tons in the same month of 1890, 3,019,093 tons in 1889, and but 2,772,359 ton* If we take the period from January 1 to in 1888. 31. the record of growth is still more striking, for the companies apparently disposed of more than 14 million tons in 1891, against less than 12^ million tons in 1890, and but 11,804,075 tons in 1889. May It is interesting to note that the production months of 1891 is over 2^ million tons more As far as statistics are any guide, the anthracite coal than that for the five months of 1800, and that tideOf the trade is in very much better condition than most of water stocks are nevertheless slightly smaller. from the come tons has in production 871,089 increase the current reports would lead one to suppose. The Reading) the by controlled (chiefly region Schuylkill getting entirely satisfactory oompanies may not be thi« prices, and the agreen»ents to restrict production may and 1,433,166 from the Wyoming region, which be disregarded, but a very large quantity of coal is year has had a new outlet to market in the New York As Ontario & Western branch toScranton, 4c. The certainly finding a market from month to month. concerns the fixing of the monthly output, this has Lehigh region, on the other hand, produced slightly evidently become a meaningless performance in less than in 1890, both for the month and the tire May last year. fact it for the five — strikes one as farcical, for not tlie slightest month?. THE CHRONICLK 914 [Vol. LII The statistics have now been collected annually for this week has been more or less with the tendency of prices downward on three years, and the Bureau has been able to extend the whole. There have been no unfavorable develop- the work from year to year, so as to include a steadilyments affecting the general situation or the intrinsic increasing proportion of the State's industries. The Our stock market irregular, value of securities, but European buying wliich in other years has formed quite a feature in the speculation, is progress made may be judged from the in this re.spect that while for 1887, the year, it had returns from only 90 establishments, in 1888 this was increased At the same time there is little speculative interest to 241, and now for 1889 it has returns from no less even oti this side of the water. There was no gold than 636 establishments, covering 40 lines of trade as taken for export until yesterday, when 13,500,000 was against only 22 lines in 1888 and in 1887. Of course withdrawn ; the foreign financial situation has greatly even 636 falls very far short of representing the improved, as is evident by the further reduction in the whole number of establishments in the State, but it Bank of England rate of discount. Crop accounts, would be impracticable, if not impossible, to cover all too, continue quite good, notwithstanding the reports the establishments in any way except by a regular cenSilver bul- sus. We may suppose that the 636 returns which the of damage by rain from certain sections. active at higher Bureau has obtained embrace most of the large and lion certificates have been more Missouri Pacific was sold down early in the representative establishments, and hence that the prices. week on unfounded rumors that the dividend aggregates based on these returns cover a very considwould be reduced or passed, but recovered on the an- erable proportion of the State's manufacturing operanouncement of the declaration of the regular amount. tions. This view is in a measure confirmed by a comDenver & Rio Grande preferred shares have declined parison with the results of the Census of 1880, showing several points on fears that the expected dividend larger aggregates, with one exception, for 1889 on the might not be forthcoming, owing to the falling oil in 40 industries embraced by the 636 returns than the the company's earnings. Chicago Gas has gyrated aggregates of all establishments in the State on the usual fashion, in its and announcement same industries in the Census year. The exception is the is made that the difficulties with the officials of in the case of the number of employes, where the the City of CJiicago have been adjusted. Atchison Bureau gets a total of 75,191, while for 1880 the Censhares have been quite strong. There is very little sus showed 81,433 employes in the same industries. demand for bonds, and that branch of the market re- Of course, if comparison were made not merely with mains very dull. Yesterday, however, Norfolk & the industries which the Bureau returns embrace, but Western 100-year os were quite a feature, selling down with all other industries as well, the disproportion to 88 at the opening, but subsequently advancing to 93. would be much greater, for the Census reported an The following gives the week's movements of money average of nearly 113,000 persons employed in manto and from the interior by the 'New York banks. ufacturing during 1880. In that case, too, the aggregates on the other items for 1889 would fall short of the Heceived by Shipped by ^et Interior Wee* Endino June 19, 1891. N.r. Banks. }f. Y. Banks. Movement. Census aggregates. •Currency. $3,600,000 $1,350,000 Galn.$2,2,')0,000 The Bureau does not make the mistake of attempt- lacking now and this makes a deal vast of fact first difference. \ «ol4 Total 300,000 Gain. 1,100,000 goM and legal tenilera With the Sub-Treasury Week Endina June operations the result Into Banks. 19, 1891. Biuiks' interior movement, as above •mb-Treas. orer. and gold exports. Total gold and legal tenders 800,000 $1,650,000 Galn.$a,050.000 $4,700,000 21,600,000 Out of is: Net Change in Bank Bankt. Hntdingt. $1,650,000 Oain.$3,OoO,000 17,500,000 Gain. 4,000,000 $2i,200.000 $19,150,000 Galii.$7,fl50.000 Bullion holdings of European banks. June Sank of Gold. England France Germany 27.843,690 62,888,000 .... 30,789,334 Attst.-Hun'y. Netherlands.. S.l.iO.OOO 3,914,000 Nat.B'lglum. 2,906,000 June 18, 1891. sutler. Total. Oold. £ £ £ Total. £ 27,813,.596| 21.460.054 21,460,054 50.683.000 103,671,000' 62,588,000 51,0*8,»00 103,631,000 16,394,fl«6 46,181,000] 29,394,000.14,697.000 44,091,000 5,512.000' 16.284.000 21,796.000 16,389.000 21.839.000 5,661,000 9,576,000 6,109,000 6,634,000 10,743,000 1,483,000 4,449,000 2,811,000 1,406,000 ; they also serve to furnish a general idea of the condition of the various manufacturing industries embraced 19. 1890. Silver. many items. In fact there are less than a dozen general inquiries ia regard to which information is sought, the investigations in many cases being conducted by special agents these inquiries, however, are of a nature well calculated to afford knowledge on the points in reference to which the public is chiefly desirous of having information, and ing to cover too 4,217,000 Tot.thl8 week 138.850,930 89.610,666 213.461,596 116,874,031 89,064,000 20,i.938.034 Tot, prey, w'k 120,634.690 89,727,000 210,351,596 116.850,573 89,148,333 808,998.906 in The the analysis. amount questions are mainlj', (1) the the value of the goods ; (2) of capital invested manufactured during the year embraced in the returns ; (3) the cost of the stock and materials used in the manufacture of these goods (4) the cost of manufacture, including wages but not including rent, interest and taxes (5) the cost of wages separately (6) the cost ; ; ; MANUFACTURING INDUSTRIES IN NECTICUT-SMALL PROFITS. of CON- We have previously had occasion to refer to the good of the State Labor Bureaus in the Collection of manufacturing and industrial statistics. The matter is again brought to notice by the receipt a ehort time ago of the annual report for 1890 of the Connecticut Bureau of Labor Statistics. The Con- work done by some necticut Bureau, from the standpoint in question, is one of the best in the country, and under the intelli- superintendence interest (9) the and taxes number ; of ; (8) amount paid for rent, the amount of the net profits ; (7) the hands employed, and (10) the num- ber of officers, superintendents, clerks, book-keepers, salesmen, employed. for each in The &c., summaries results of the separate The of results are presented the forty industries. establishments are in no shown, the idea being indeed to conceal the identity of the establishment in order to maintain the pledge of secrecy given to the manufacturers, since the latter, very naturally, are averse'to having their busiOn this' account, where there ness secrets disclosed. are only two establishments in any line of industry the aggregates for that industry have not been inserted This except with the consent of both establishments. case gent guidance of Mi\ Samuel M.-Hotch kiss, the Commissioner, is producing a mass of statistics bearing on the State's manufactures which possesses not only much immediate value, but which will have added value in the future for purposes of comparison. of course is_ only fair, and it is owing to the growing Junk THE 20, 1891. CiniONICU-l coufidenco of manufacturers that the details of their business would not bo revealed that the Bureau has 915 takes pains to declare that in carrying on the invostiga- tions the Bureau hat been very careful not to iligbt and so largely to extend its the interests of the wagc-carneri ; that, " on the conanalysis in the three years during which the work has " trary, their interests have been continnallj upp«rbeen prosecuted. " most." He says that though it is too early to reach » While there are several States which occupy a much true average of results in all particulars (owing to the more prominent position in manufacturing than fact that the investigations have not been in progress A been able so steadily Connecticut, the totals of that State as given in the Bufflcient number of years), "it is interesting to note report of the Bureau are yet quite large, even though, " even at this stage that while the percentage of profits as already said, the figures by no means cover the entire "of capital has increased, as was natural, since the manufacturing industry of the State ; and being so " depression in woolen and other lines three years ago, " it yet remains on the comparatively low level " reached by the independent conclusions of econowhich the " mists. It is clear that in the manufacture of 75,191 persons during 1889, and this is independent of " standard goods in all lines, capital mnst con> the persons classified under the head of superintendence " tinue to bo satisfied with a small margin of profit numbering 3,933 more. The amount of the capital " on a large volume of business. In this connecinvested in these 636 establishments, representing 40 " tion it is also interesting to note that with the indifferent lines of trade, was 117^ million dollars $117,- " crease of labor-saving machinery by which the labor 361,435. The value of goods manufactured during " cost of production has been gradually reduced, the the year and here it is well to remark that while the " returns to capital have not been correspondingly inreturns are all classed as belonging to 1889 the fiscal " creased, which shows that the manufacturers are not year of some of the establishments we are told extends " the parties who have profited by the reduced cost of large they are of considerable interest and importance. We have already stated that the 636 establishments from Bureau has returns gave employment to — — — to July 1,1890 the value of the goods m^pufactnred was " production. Generally it can be shown that the ineven larger, reaching nearly 125J million dollars " creased saving of labor cost goes to the middleman, " or the consumer, or is divided between them. The " belief which has been current among the laboring " people that capital is receiving an unreasonably large tude. Looking now to see what the component parts are in " return is therefore shown to be fallacious. Goods the value of the 1251 millions of goods, we find that the " protected by patents or otherwise form occasional materials used in manufacture constitute the largest " exceptions to the rule." item, this being given at $67,228,874. Cost of manuOf course while the net profits on the whole range of ($125,723,066). ing with Hence aggregates it of is evident that we are deal- quite considerable magni- facture was $45,541,070, of which no less than $32,- manufactures averages only 8'99 per cent, there are 720,018 was paid out in wages, the amount paid for some lines of business where the returns are quite high; superintendence, «fcc., being $4,904,062. The charge but these are usually industries employing only very for interest, rents and taxes was only $2,392,009 ; it is few men or having very little capital invested. Thus of course understood that the interest here included the establishments engaged in the manufacture of hatdoes not interest mean interest on on borrowed money. capital, To but simply get at what was ters' tools (23*95) on show an average of almost 24 per cent the capital employed; these establishments, for capital, we must deduct the various however, give employment to only 38 men, they have items of cost as already enumerated from the total only $82,100 capital invested, and the total product value of the goods, and this leaves a balance of $10,561,- was but $75,374. So the establishments engaged in the 114. Nothing is said as to deterioration of plant and manufacture of bells netted 19-06 per cent, but machinery and we suppose no allowance for this has the capital employed was only $316,213 and the nnmbeen made. But even as they stand the net profits ber of hands only 259. Taking the larger inmust be considered quite small, as they are equal to dustries, the knit-goods manufacturers, with $2,286,809 left only 8'99 per cent on the 117^ millions of capital and capital and employing 2,703 hands (the number of to only 8*4 per cent of the 125f millions of goods employes being in all cases independent of those manufactured. The Bureau regards the results as engaged in superintendence, &c.) these knit-goods entirely trustworthy, for speaking of the statistics in manufacturers would appear to have done quite well, general the Commissioner says that they " can bo relied as their not profits average 15*46 per cent. The hat " upon as the closest approximation to facts possible to manufacturers, with $3,607,960 capital and 5,443 " be obtained, as the statements are made up from the employes, netted 13*18 per cent; the machine shops, — "books of the companies and the best information with 4,489 hands and $3,428,884 capital, netted 1*2 per manu- cent; and the silk establishments, with 3,940 men and $6, Other large 748,640 capital, netted 12*03 per cent. *' available, with the cordial co-operation of the *' facturers." In the railway world of course we have become accustomed to still lower returns, but that on a wide range of industries in an important manufacturing State like Connecticut, and on returns from 636 separate establishments, the average net profits should be less than 9 per cent (and this presumably without any allowance for depreciation of plant) of the capital employed and less than 8^ per cent of the value of the goods, offers new and very striking proof of the small returns and narrow margin of profit at which the producer is obliged to work now-a-days. Bearing on the same point Commissioner Hotchkiis makes some observations which »r» ih9 ai9ir« unport«at lince the Commissioner indastries indicate much smaller profits. The brass industry, where 48 establishments give employment to no less than 11,323 men, and where the amount of capital reaches $18,800,744, shows only 9*19 per cent hardware, with 6,333 hands and $7,631,941 capital, shows 8*10 per cent profit. In woolen goods the establishments reporting employed 7,339 hands and had $12,165,059 capital, but the avenge profit; general : was only 7*57 per cent. In silver-plating, with 4,286 employes and $9,929,084 capital, the return waii 7*66 per cent. In the manufacture of cotton fabrics, a large industry with $20,171,796 capital an.- 0.190 .« employes, the profits were but 6*14 per oaiy* profit • . IHE 916 CHRONICJLEL ber goods, with 3,419 employes and $6,056,360 capital, show but 3 "43 per cent profit. The comparisons on these industries with other years comprehencomparison the between 1889 and 1888 Thus as siye. embraces only 238 establishments and but 23 industries. These 238 establishments show $6,501,558, or 7'42 per are also interesting, but are of course less cent, profit for 1889, against $7,228,161, or 8-44 per however, occurred in brass, and it may be that the diminution there was connected with the fluctations which cent, for 1888. More than the whole falling off, occurred at that time in the price of copper, a conelement in brass; certain it is that with an increase in the value of the goods manufactured of only $1,087,873, the value of tlie stock and materials stituent used increased $1,821,746, reducing profits to the Twenty-eight establishments extent of the difference. It is quite noteworthy that are included in this exhibit. in the three-year comparison, where only 13 establish- ments are represented, the industry larger, instead of indicating profits for 1889 in the brass being less than for 1888 are much shrewder management on [Vol, L'I. giving an account of the work done by the Committee under the plan of reorganization submitted to the security holders in April, 1889 only a little over two years ago. The members of this Committee were Mr. George Foster Peabody, Mr. James C. Parrish, Mr. Joseph D. Potts, Mr. Frederic P. Olcott, Mr. Charles J. Canda, and Mr. Barthold Schlesinger, and their report, as is natural, deals mainly with the results which have followed during the time since which the plan was carried into effect and the changes in physical and financial condition, as also in operations, which have occurred during the same period. It seems desirable, however, to recall a few other facts in order to get a clear understanding of the problem which confronted the Committee and the management. Looking back two years what was the situation ? We find in the first place that the timo had come whore the company after having funded for a number of years a part of each coupon as it fell due on the old sixes, would be obliged to pay the 6 per cent interest This of course raised the per annum entirely in cash. question whether under the then existing conditions the property could be expected to earn regularly and — the part of these establishments in overcoming or anticiBut that pating the fluctuations in copper than on the part of in full the money required for the purpose. half only the problem. The possession some was situation in other remaining establishments, or the of the respects required prompt attention and vigorous treatother advantageous circumstance. Taking all the various industries together, the three- ment. Colorado and Utah had become the seat of jear comparison covers 85 establishments, and these great activity iu business and railroad affairs, and railshow improvement in 1888 over 1887 and in 188 9 over road ofl&cials were making preparations to get a share of But the increase has been from a very low per- the increase in traffic which this industrial develop1888. — — 5-98 per cent in 1887 and even improvement the average for 1889 is only 7"57 per cent. The change has followed chiefly because of better results on a few leading industries, like woolen goods, silk, machine shops and general hardWoolen goods, for instance, which netted a ware. loss in 1887, show 4-73 per cent and 4-27 per cent profit respectively for 1888 and 1889. It is also worth noting that in the case of cotton fabrics, where six centage of profits ment promised. after the large establishments are covered, the profits diminished from 6-72 per cent in 1887 to 5*43 per cent in 1888 and to 5 '19 per cent in 1889, a result which accords with the experience elsewhere in that line. A SUCCESSFUL REORGANIZATION Kailway reorganizations in recent years have been of a somewhat different character from those of previous years, and they have also as a rule been more carefully and more skilfully formulated and carried out. It is seldom, however, that a scheme of this kind can after the lapse of years — when enable a correct judgment sufiicient time has passed to —be regarded as having been and successful, in the sense not the approval and co-operation of security holders and the commendation of the public, entirely satisfactory only of having won but also as having placed the property to which the treatment was applied on a sound and safe basis, with adequate provision both for present needs and future requirements. Nearly always, after the lapse of time, the thought impresses itself on the mind that had certain features of the plan been different the undertaking would have been better calculated to meet all the requirements of the caee. Several of the larger Western roads, like the Rock had extended their Island, the Missouri Pacific, &c., lines to a connection with the Colorado system of roads, J was evident that measures would have to be 1 and it taken for furnishing a satisfactory outlet for the of these various new lines. The Denver traffic & Rio Grande and the Colorado Midland constituted the connecting links between the various lines reaching into Colorado from the east and the Denver & Rio Grande Western on the west. These lines into Colorado were all standard gauge, the Colorado Midland was also standard gauge, while the Denver & Rio Grande, originally narrow-gauge, had laid a third rail over parts of its line and was preparing to change other portions of The Rio Grande Western the route to standard, too. on the other hand was entirely narrow gauge. What was the management to do under the circumstances ? Clearly the Western was not adapted for handling the enlarged volume of through traffic in prospect, and besides, the mere fact that by the use of the Western a transfer of cars and freight would be necessary at both of its termini barred the road out from getting any extensive amount of such traffic. The only question, therefore, was whether the "Western people would change the gauge of their own road, or permit the con- In the latthrough traffic would necessarily go to the new road, and in addition the Western would undoubtedly lose some of its local traffic. In that event, too, the query whether the Western could be expected to earn full interest on the old 63 could admit of but one answer. But to change the gauge of the road would require The reorganization of the Denver & Rio Grande a great deal of money, and further sums would be Western now the Rio Grande Western— does not necessary in order to provide adequate equipment and seem to be subject to this criticism, and we are moved rolling stock. How was this money to be obtained ? to these reflections by the appearance this week of the The old 6s stood in the way of a separate issue of struction of a rival road for this purpose. ter case all the , — report of the Reorganization Committee of that road, bonds for this purpose, hecause such issue would have JURB THE CHRO]NICLE. SO, 18dl.| 917 The management accord- gauge route via Grande Junction (tran«-abipment or«r new issue of bonds at 4 per cent the Denver A Rio Grande old narrow-gauge line having take up at par the old bonds ($600 iu pre- previously been necessary), the company earned #60,- ranked after the old bonds. ingly proposed sufficient to a ferred stock being given with each $1,000 of 63 to 324 in excoM of cover the certificates representing the biu;k interest of 5 per cent per which had been funded, and compared with the corresponding period of the year preceding both gross and not earnings increased aboat also as compensation new the reduction of future interest), to provide for changing gauge, etc., and at the for capital same time leave a reserve for the future development of the property. In other words, as against $0,900,000 old 6s (with 11,345,500 coupon certificates attached bearing 5 per cent interest) $16,000,000 of new 4s were created. It will be seen that this did not provide for foreclosure, and in point of fact the old company met all its obli- gations under the refunding plan of 1884 just as had agreed. Of course the clearly to the bondholders, ** " " was set it charges and dividends at the rat« the prefurro<l stock. As annum on 50 per cent. Bearing on the enhanced value of the securities, per* haps the best illustration that can be famished is to compare the price of the now of the old 6a with the present value securities received in exchange. 1,000 old 6i » 7S (Jul., 1880) 1,000 600 41 • 76>t preferred ttoek new « 70 «76S00 41000 STtOOO i.igaoo out 943S0O DilTerenoo but as the Committee say This shows that the investment coating $750 in Janis worth to-day $1,185 as a result of the within the power of your Comraittiee was an appeal reorganization, the change in the financial and physical to the judgment and general sense of fairness of the condition of the property, its increased earning capasecurity holders, the plan submitted having been city and the company's improved credit. devised with the single idea of equitably protecting in their present report, " " situation all all " the only means of influence uary, 1889, the interests involved." The result of this effort is THE GREAT SIBERIAN RAILROAD. seen in the acceptance of the scheme by practically the whole of the bondholders —all but $27,000 out of a total of $6,900,000, the amount in dissent being so small as hardly to merit notice. But the plan has been just as successful in other particulars (1) in changing entirely the physical condition of the property; (2) in placing the finances in sound condition; (3) in leaving capital for future requirements; (4) in increasing the earning capacity of the property; and (5) in enhancing the market value : of the investments of the old holders. On the first The reading fact that sian it public has long been familiar with the was one of the great schemes of the Rus- Government to build a railroad across the Conti- nent of Asia, which, running through Siberian territory, would connect St. Petersburg with Vladivostock, the new Russian naval station on the Pacific. The rumors, however, as to what was to be done and as to what was being done, were different at different times, and sometimes contradictory. Within the last few weeks, and especially since the visit of the Czarowitz to Vladi- gauge improvements were vostock, when he laid the first rail of the great railroad, made in the way of securing easier curves and grades, clearer light has been thrown upon the situation ; and shortening distances over the main line, providing we now begin to have, some definite knowledge of the heavier rails, etc., etc. We are told that altogether the plan and prospects of the great undertaking. Until very recently the belief was encouraged that new main line constructed exceeds 100 miles. Then a large amount of new equipment was acquired, and the work on this road would not be carried on with this equipment was provided with all the latest applian- any great haste, and that probably ten or twelve years It now ces and attachments, such as air brakes, automatic might be consumed in its construction. forward with all pushed Altogether work is to be that the etc. appears couplers, steam heating from engines, is have the intention to purposes, that the speed, and various possible these net spent for was $4,470,579 The reasons given for It line open for traffic in 1895. $766,837 of the amount being for new equipment. point, beside the change of is also stated that a considerable part of the old mate- this haste are various. It is authoritatively stated that taken up in charging the gauge was used in the while the Russian Government is most anxious to mainconstruction of a branch line extending from Thistle tain friendly relations with the Chinese, it is at the same time extremely afraid lest that nation should have deon the main line 61 miles south to Manti. As regards the finances of the new company, there signs on the rich and fertile province of Ussuri, which has been not only no difficulty in meeting charges, but lies immediately to the north of Manchooria, and the dividends have been begun on the preferred shares, possession of which would give the Chinese the control rial of the company has been further im- of the Amoor River at its most valuable point. Insuch proved by the issue of preferred shares to provide in part a case Vladivostock would be practically useless. The view taken of the situation by the Russian authorthe necessary means for capital requirements (with the conservative idea of keeping the reserve of bonds as ities has found encouragement from the reports that the large as possible), stockholders having only recently had present enlightened ruler of China is much under the an offer of " rights " in connection with such issue of influence of certain of the representatives of the WestAs for future needs, the company still has a ern Powers ; that yielding to these influences he has stock. balance of 1^ million dollars of preferred stock which resolved to construct a railroad from Pokin to the may be issued and a reserve of $2,000,000 of 43, only Amoor ; that the route for such road has already been and the credit $14,000,000 of the $16,000,000 new bonds having been surveyed by British engineers, and that the ultimate Moreover, the report says that the company object of this line is not only to place China in a posihas no floating debt, but a large balance in bank to pay tion favorable for the defjnsj of her own province of Manchooria, but to enable her to threaten, and, if the for current capital expenditures. In reference to the course of earnings, a statement occasion should justify it, to cut off the Uasuri prov- issued. submitted to show that during the nine months from ince from the rest of Siberia. It is no secret that China is much oppMod to the July 1, 1890, to March 31, 1891, which covers only of Russian strength on her nor theastem development four months of the operation of a through standard- la THE CHRONICLK 918 border; etation at and the establishment of a great naval Vladivostock—a station which would ultim- only give Kussia complete command a commanding River but secure for her greatly favored not is position in the North Pu,cific however, has set Rassia, by any of the great Powers. of the ately not Amoor — her heart on this station. She is determined to have Two governors-general of Siberia, Baron KorfE, it. and Count Ignatiefl, have spoken with great emphasis on this subject, urgently pressing the Government to make of Vladivostock a strongly-fortified naval strong- Of course real value fectly the importance of constructing the Siberian railroad with as little delay as possible, giving as his reasons that in the event of a war with China it would be difficult, into a district from Manchooria, and that the Chinese Government was paying special attention to the development of the economic and military resources of that portion of their empire which bordered upon Siberia. M. de Giers laid stress upon the fact that for seven months of the year they were practically cut off from their possess- ions in northeastern Asia,and that such a state of things could not be contemplated with indifference in view of possible collision with any of the great As the result of this prevailing Russian sentiment, we are now told that the whole sum available for and other like purposes shown in the year's budget is to be devoted to this work, other public works to be allowed to get on as best they can under railroads the management of private companies. It is thus made tolerably certain that within a Tery few years from now Russia will have a all this is of the more or interior less is as yet imper- known Hitherto we have known. The problematical. of Siberia of misery, as the last hold of tyranny. it as the and most hateful strong- Time will tell whether it is possible made hateful by Russian brutality to convert the place home of liberty and happiness. RAILROAD NET EARNINGS FOR APRIL. Our statement for the month of April shows that -net earnings as a whole on the roads reporting have kept fully up to the large totals of a year ago, notwithstanding that several circumstances and conditions operated to reduce results the present year. To say this equivalent to saying that the exhibit tory one, for not long ago a come was looked for, as much is less is really a very satisfac- favorable out- we have often before remarked in these columns. The changes European naval are Powers. LIl. mineral wealth on the east side of the Urals; regarding the agricultural and eattle resources in the Chelabinsk Territory, a rfch territory on the west side of Tomsk and watered by the Obi and its tributaries; and regarding the undeveloped gold industry on the Yenissei and Olenek, as well as upon the probable rich resources of the territory to the extreme east. hold, and to connect it with western Russia by a continuous line of railway. As late as the middle of May last M. de Giers urged Amoor Vou value of the tea trade; regarding the development of the home things being as they are, to defend the district of the Amoor, that the Chinese were already pouring into the [ in the comparative aggregates for April magnitude than those for most of the preceding months of the year, but it is noteworthy that the results as regards net earnings are better than the Thus, in the case of results as regards gross earnings. the latter the total is only slightly larger than a year ago the net there is an ($86,606) but in the case of increase as compared with April, 1890, of $524,574, or 3-41 per cent. We may suppose that the improvement in the net is owing in part to the better mainteof smaller the east of the Ural nance of rates, in part to smaller outlays for bettercontinuous from It is quite man- ments, &c., as against very heavy outlays for this purMountains to the Pacific Ocean. ifest, also, that the reasons for the construction of pose last year, and in part also to the rigid policy of But for the po- retrenchment pursued by many roads the present year. this road are in the main political. litical reason, it would not be unreasonable to conclude, The following furnishes the comparative aggregates. the line might not have been built for another hundred for April and the four months. years. There are those, however, who are of the January 1 to Aprils. April. opinion that the road may prove even more advan(133 roaSt.) (135 rood!.) tageous from a commercial stand-point than from a 1890, 1891. lr*crea%e. 180O. 1891. Increase. political or military point of view. Such persons point t % t $ 8,306,333 88,808 305,757,467 199,551,234 to the vast mineral resources of central and eastern aross eam's 62,987,642 62,901,038 Oper. exp... 37,081,396 37,519,364 Deo.t37,968 146,003,532 112,691,611 3,311.921 Siberia, and ask us to consider their value now and to 524,571 59,753,935 66,859,623 2,894,312 Net eam'a 15,906,218 15,381,672 think what they might become if the country had all the advantages of railroad communication. They point As investing these results with increased importance, to China and Japan, and ask us to think of the it should be remembered that the comparison is with valuable overland trade which might be developed heavily increased totals a year ago, especially in the case with those countries. They point to what they call of the gross earnings. This remark has been made in the success of the Canadian Pacific, and claim for the connection with the results for the preceding months, Siberian line more favorable prospects. but it applies with especial force to the exhibit for the It is not denied that for some years the road would month of April. For that month last year our comhave to be subsidized. But, according to a correspond- pilation showed a gain in the gross receipts over the railroad ent of the London Times, the subsidy the Russian year preceding in the extraordinarily large sum of 16,Government has calculated would not, at the heaviest, 516,418, and even in ratio the gain amounted to nearly exceed 11,250,000 yearly. The following figures 14i per cent— 14-43 per cent. Yet there is no loss at have been given by the same writer. Suppose all the present year in the aggregate gross of the 135 the line to cost thirty-five millions sterling, the annual expenses would amount to about £3,481,000, being £1,400,000 for interest at 4 per cent and about £2,000,000 for maintenance and management, while what might be regarded as certain revenue would be about roads contributing returns to our statement, but as already stated a trifling increase, and this in the face of the many unfavorable conditions prevailing, which have been so many times noted in these columns, ad the coke strike, the falling off in ore shipments, the de£3,224,000. The subsidy, therefore, would be as near pression in the iron trade, the inactivity of general busas might be £250,000, or as we have put it above in iness, and a contraction in the grain movement as doli..is. Great expectations are formed regarding the well as in the provisions and live stock movementj Joke 20, THE CHRONKJLE. im.] Tho gain in not oarniaga much smaller in uinount year was of courao very tiiau tho gain in gross, and last 919 there] wu no lo» ia net at all, but a gain of $100,174, and the road therefore yet it aggregated close on to two million dollars (#1,- appears among those which have enlarged the totala of 948,884), and in ratio was oven slightly heavier than their not in largo amoauti. Tho Atchiion alto, wbieh tlie gain in groas, reaching 14-81 per cent. This is in some past months lost quite heavily in net, for April now followed, as we have seen, by a further gain in not has a gain, though the amount is not expenaef, largo the present year of $524,574, or 341 per cent. Below we furnish a summary covering the last five years, both for the month and the period since January 1. (7 AIM April. Year Oiom. ITtt Inertaae or Precedin Year Deerfaae. i. Oltvn. Bamtnti Tutr Ineftot PrtaS't. t)tert<uf. ; * I 1()S7( 69r'ds) si.Aio.afii 87.57«.4«7 -K.03S.8U 1S98( Sgr'da) 1830 ( 97r'<lsl 1800 (1:28 r'ds) S7 .821.575 3«.1M,817 +1.630.8J8 11,480.938 11.802.974 -322.436 ie.«47.27» 41.289.8ea +912.6IS7 61.807.583 18»l(135r'd9) 52.087.612 45.151.175 52.001.036 t-l.36e.410 'l«.816,S42|]I,873,«8S +6.S1 8.418 16,105,728 13.136.844 1887 ( 69 r'da) 1888 ( 74r'()«) 1889 ( OJr'ds) 1800 1128 r'ds) 1801 (183 r'd») 10,e7S.«7«l 8,850,614 +1.813.826 +1 948 1 +66,606 16,90a,346;i5.881.eT2{ 881 +'624]574 123.383.529 103.740,307 +17.577,132 41.273.097 32.796,31)6 ^ 8.476.791 130.611,724 127.538.0Jl| +8,072.773 37..n4.344 43.439.209-6,114.955 182.507.254 153.S00.3ft7{ +9.206,8 >7 47.073.48a'41.364.648 +6.606.840 1»*,S17.92: 175,003.501 +19.21 1,424 55.378.206 tO.190,460 +6.727.718 805.757.467 199,551,2341 +6.80e,»}3 MI.763,935!06,B69.823l -f 2.89I.S12 ! With only small changes from year in the aggre- or systems are not so prominent as heretofore. many of these and on both Still, sides of the Taking tho gross earnings, the record account. is as Canadian Paclflo Louis*. N. O. A Texas Central Cbic. Mil &.St. Paul Buff. Koch &. Pitts Mexican Central AOhlo $287,824 Central of Georgia 177,407 Norlolk A Western 122,030 Rio Grande Western 10H,594 N. Y Ont. A West 77,054 Burl. Ced. R. A Nor. 76,582 Atchisuu A San. Fran. . . 76,005 LABGK DECREASE8 Union $73,521 70,641 62,724 S3,:iS7 47,.'i79 . 46,S62 IN GROSS EARNINGS IN APRIL. Grand Trunk of Canada.. $123,500 N. Y. L. E. A West Ill .725 Southern Par. (li roads).. 107.241 Pitts. Vouug.^. A Ash 58,776 Paclflo '9 roads) ..$3.55.397 Chic Burl. April exceeds $40,000, and also those whose decrease exceeds that amount. LAKOC tNCREACKS Canadian Paclfle 1*10. Burl. A IJidiicy Central of Geuricia LoulH. N. O. Texas A Mnxican Central CUc. .Mil. A St. Panl BABXIIIM III AnUL. RostTenn. Va. AUeo.... aM.IOl Riiltlinorn A Ohio 53,448 IK SIBT $150,323 106,174 73,241 6H,im Norfolk A Western. Bnrl. Ced. R. A Npr. 47.993 60,571 Btf,8U Chea-AUblo 41,109 LARGE DECREASES 4S317 W NET BABHtNOg IB AFRIU Union Paclflo (9 roads)... 9109,074 Peiinsyl viiiila 79,237 Grand Trunk of Canada.. 74,500 Pttt«l>urir S. Y. L. K. Ucnvor A A Western A West Rio Orande (SS.eM 4S.4A« 40,006 74,195 Thus there are only seven decreases of large amount. The Union Pacific (system entire) leads with $109,974 ; then comes the Pennsylvania with $79,237 the Orand Trunk of Canada with $74,500 the Northern Pacific with $74,195 the Pittsburg & Western with $52,909 ; ; ; 4 Quincy Penn^jlvauia A Reading, Coal A Iron Co Plilla. Total Pbila. A 257,416 240,354 66.670 89.S81 Reading. $156,551 Baltimore A Ohio 51,242 | As regards the roads which here show large decreases in gross, they all had heavy gains a year ago. the Denver & Rio Grande with $40,006. All these had larger or smaller gains a year ago, the Erie and tho Northern Pacific being perhaps the most conspicuo.is. The former then had $155,017 gain, against its present loss of $45,456, and the Erie with $45,456, and LARGE INCRP.ASEg IN GROSS EARyiXGS IN APRIL. Ches. list with those especially distinguished heavy amounts of increase. In tho following we show all companies or systems whoso increase in net for ; follows. Illinois a place in the Northern Puolflc last gate, large increases or decreases by the separate roads there are a good (ira system entire, including the lines half owned, on which tliero is a loss) to give the roada for Earning: Year enough are speaking of the Taking a few at random, the Union Pacific system which now •hows I355,.397 loss in gross, in April, 1890, had no less tlwu $771,746 gain. The Pennsylvania then had $586,987 increase, of which it now loses 1240,354. The Erie then had 1392,024 increase, against the present loss of $111,725, and the Baltimore & Ohio then had 1343,110 increase, while now it loses only 151,242. In most instances, too, the losses the present year have followed from special adverse conditions, such as the coke strike, the smaller grain movement, or some other similar circumstance. As regards the roads which have large gains in gross earnings the present year, exami- the Northern Pacific had $163,253 increase, of which $74,195 has As now been lost. which have this year improved their net in large amounts, these are chiefly of two classes namely. Northwestern lines and Southern. Among the former the Burlington & Quincy has been already mentioned, and in addition the St. Paul and the Burlington Cedar Bapids & Northern are both prominent in the same section, the one having enlarged the total of its net $59,814 and the other $46,317. In amount of increase, however, the Canadian Pacific leads all other roads, that company having for some time been noted for its very good returns its gain for April is $159,323. The Mexican Central with $60,571 increase, and the Baltimore & Ohio with $53,448 increase (the latter following entirely from reduced expenses), are roads outside of the two sections from which most of the large gains come. The South has more of such large gains than the Northwest, the Central of Georgia reporting $73,284 increase, the Louisville N%w Orleans & Texas for the roads ; few which were distinThe Atchison fur- $68,736 (comparison for this road is with the period of nishes a very striking illustration, having gained the floods in the Mississippi last year), the Eist Ten$46,862 in addition to an increase of $425,378 last year. nessee $54,191, the Norfolk & Western $47,992, the When we come to the net earnings, we find a much Chesapeake & Ohio $41,105. The Southern roads and the Northwestern are also smaller list of large decreases than in the case of the the in ones which make the best exhibits as a whole when smaller decreases gross, and the are also much amount as a rule than heretofore. Some roads which we arrange the roads in groups in our usual way. There previously had been quite conspicuous for a heavy con- are no other roads which show such large ratios of inbarring only the Mexican group, which, traction in net this time do not appear at all in that crease in net list, having managed through tho rigid practice of however, includes only two roads, namely the Mexican nation of the list reveals not a guished in the same way last year. — economy to cut expenses diminution in gross down sufficiently to offset the —in some cases sufficiently to con- vert a loss in gross into a gain in net. This is what occurred on the Burlington & Quincy, which in the months preceding reported such large losses both in gross and in net ; for April, as we have seen, there was decrease still a but owing to in gross in a the reduction sum of of $257,416, $363,590 in Central and the Mexican National. The percentage ot increase for the Southern group is 26*93 and for the Northwestern 15-19. In tho latter case the gains, too, are quite general, the Wisconsin Ccutnil, the St. Paul & Duluth, the Des Moines «k Northwestern and tho Quincy Omaha & Kansas Citj being indeed tha only ones out of the roads included whicb da The low* participate in the improrement. .not THE CflKONlCLE. 920 Central, the Sioux City & Northern, the Milwaukee & Northern, the Minneapolis & St. Louis, the "Soo" road and the Keokuk & Western all present very good reIn the Southern group 13 roads out of 33 turns. fall behind, but these 13 are mostly minor roads, and the falling The and off is Louisville is & not important or significant as a rule. Nashville has a decrease of $83,127, prominent road among the num- really the only ber; the decrease, however, is less than 5 per cent, and The Kansas City Fort Silverton. increased Gross Borreinos. 1S91. 1890. ltnes..(llj Northwest 'n (33) Southwest 'n.. (8) 4,523,496 1891. » t 14,003.262 3,651,023 6,028,076 Mid. We8t'n.(24> 14,649,912 3,562,939 6,033,494 10,839,231 6.491,195 6,043,871 5,902,916 1,784,398 6,177.607 East'n&MiddS; Mex'n roads. .(2) 1,486,155 1,443,815 1,312,972 446,867 911.334 831,024 Tot., 135 roads 62,987,612 62,901,036 55,291,450 13,851,665 Paciflcroads(lO) South 'n r*dB.(33) a considerable gain in gross receipts 1588,280, or 9 -97 per cent and doubtless the larger cotton movement Jan.ltoMiiyl. Trunk llnes..(ll) Mid. We8t'n.(i54) Northwest'n{12i 54,327,037 14,439,736 B. A >.. Kast of Onlo. York & Pennsylvania, S. Y. Lake Erie Sc -Vesfn Kan. C. K . Ohio & Misssissipi. Silverton.* Pennsylvana. the three roads in the Pittsburg & Western system and the Coal & Iron Company; all the have done last decrease cent well, in (last 1501,777 & Reading net year trunk of in line group $123,775, April increase^ or 13-18 Wabash per records a 2-86 per or group this cent), but had six of the eleven roads given under that head contribute to The six in question are the Grand the falling off. St. L. Mil. (consol. system.) Trunk, with the Chicago & Grand Trunk and the Detroit Grand Haven & Milwaukee, the Erie, the PennAmong those sylvania and the Peoria & Eastern. with improved net, the Baltimore & Ohio and the Wabash are prominent, the latter having increased from $198,271 in April, 1890. *o $236,742 in April, 1891. L. Alt. So. 7,667,875 5,274,015 9,891,622 +2,972,147 30-06 7,551,040 -f883,320 11-41 4,404,998| +521,130 11-90 +19,172 1-4S +216,643 21-11 1,342,633 1,021,418 +3,894,312 56,859,62; Gulf A Chicago. Jack. & iSan Fran, sys. Tampa x tC. S. Louis, ^t. Louts Vlcmphis !^. Nash New & Men. 5-oe W. St. Toledo A. A. & N. Mich. Toledo Col. & Cin. Toledo & Ohio Central. Joseph & Gram & W. A Lex. Orle-ins St. Louis. A Gulf, IV. Amer. & Mont, ^oiith (Jaroliria. Tennessee Midland. Wa'ih. -outheru. Wnghtav. A Tennille. Coal Companies. A Pitts. New Jersey A We it. Buff. Roch. Ilentral of -V. Y. Su8. Phila. C »al A A R;jadinsr. Iron Co. Pittsburtr A Western. Pitts. Clev. A Toi. P.tts. Paines. Isl. A Fair Summit Hranoh. Lykens Valley. Western N. Y. A Penn • Montana Union. Leaven. Top. & Southw West Va. Central. Mau. Alma Bir. & Burl. & Eastern A Middle. Allegieny Valley. Baltimore A Potomac Atlantic. Camden A Atlantic. Lehigh A Iludson. Cape Fear & Vad. Val. Central of Geor>:ia. &, Lake Brie. yorttiivestem. A Ohar. Petersburg, fiich. X Petersburg. S Southern Roads, Wheel. A Ch'iL. Norfolk A Western. Ohio River. All other lines U-P. sys. Central Branch U. P. &T. H. BrVhs. Toi. Peoria 8-41 2-82 -442,968 1-04 -43,783 —435,199 6-75 —778,160 14-75 Pacijtc Roids. Lake Erie & Wentern. Louisril e N. Alb. & Chic. Pittsb. YountfS. (t Ash. Sag. Tnsco. & Huron. •*t. -f624,674 16,693,015 4,110,009 4,067,236 3an. Kran. & North. Pac. So. Pac— Pac. System. Gal. Har. AS. A. Louis. Western. MorKin's Li. & T. Ulifin Joliet & tCa^^tern. N. V. Tex. & Mex. l^'liut Jk ^ere .Warq. Texas & iVew Orleans. Qrand Raoids & Indiana. Dnion Puclflc— Cln. Rich. & Kt. W., Ac. Ore. Sh. L. A Utah Nor. Illinois Central. Oregon Rv. A Nav. Co. Ind- DeciturA West. Union Pac. Den. & Gulf. & -f83,721 6-9T 36-41 16,250,057 Clevela id & Marietta. r>et. day City St Alpena. Det. Lana. & N«-r. K. Allianr-o 2-94 H 29,117 16,581,672 Canadian PHCidc. Northern Pacific. Rio G-and-) Western. Baltimore <iOhi »S mthw. Chic. & '^ esr. Mien. Cleveland Akron dt Col. Cleveland & Canton. Lake —39,762 309,934 H »ads jointly own. Colorado Midland. Denver Jfc Rio Ur. MifUtle Western. other roads iu that group the gains generally following gains The year. Philadelphia Havei & -(-36,628[ l-0» f878,669! 28-98 Atoh.Top.A Santa Ke Sys. :LouiBViileA Nashville. Roads jointly owned J^. Lomsville N. O. A Texas. Grand Trunk of Canada. Chic.&Gd. Trunk. Det. Gr. 3,565,887 1,405,839 1,352,734 SDiittiivestem. Wen 7-46 -f283,420 16-19 -28,108' 1-97 15,906,246 — B. & O.. of Ohio. Olev. Cin. Chic. & St. L. Peo. AEistern Div. -76,136 1,031,714 1,733,082 1,327,334 23,983,238 year in this month had as much as 36-95 per cent gain: the falling off the present year is less than 3 per cent, and is contributed entirely by the Western New [P. O. f -123,7751 i-Se t 4,330,139 417,750 227,203 7,132,876 proved of great advantage to these roads. Southwest'n..i7) 17,052,534 16,670,606 4,496,865 Aside from the groups already considered, namely Paclflo roads (18)1 «, 766,858 37,426,62 i 12,863,769 South'n r'd8.(33)j 27,238.416 25,427,847 8,416,360 the Southern, the Northwestern and the Mexican, the Coalcomp's..a2j 19,7;i8,126 18,040,004 4,939,128 Ela8t'n<<tMida3) 5,470,261 6,324,608 1,381,805 gains in net earnings are quite small as a rule, and in Mexican rds.(2) 3,606,739 3,524,187 1,237,059 trunk line the group, the Middle Westthe case of Tot., 133 roads 205,767,467 199,551,234, 69,753,933 ern and the coal companies there is a falling off in NOTB.— Included uxder the head of— no instance large, however. The coal companies last Trunk Lines. Wisconsin C intra). 23,049,735 Inc. or Dec. 1890, t 4,306,384 945,678 1,996,502 1,301,236 3,602,415 4,434,754 10,965,646 Coal conip'8..(12) — ^et Eaminot. April. Trunk & Memphis Scott net from $84,315 to $100,665. its follows an increase of 152,007 in the year preceding. From our summary by groups further below, it will also be observed that the Southern roads likewise record — [Vol. UI. New York & Chattanooga Union. Northern. Cheraw & Darlington. N. Y. Ontario A West. Ches. &ohto. Northern Central. Ches. Ohio & Southwegt puts. Marion A C. Des Moines & Northwest. Cin. N. O. A Tex Pac. Pitts. Sheu. A Lake Srle. [f>wa Central Alabama Great South Siut-^n Island. Keokuk A Wea ern. New Orl. A Northeast. S'ony Clove A C. Mt. Mil. A Northern. AlaOama A Vick^burg.f' Ulster A Delaware. Minn. A St. Lotiift. Vicksburtr Sh. A Pac. West Jersey. Minn. St. Paul A S. P. M. EastTenn. Va. A Ga. Burl. Cedar Rao. A Nor. Ohio. Burl. & Quincy. Chic. Mil. & 81. Paul. I In the Middle Western group the gains and losses are quite evenly distributed, there being 13 of the former and 11 of the latter. The Pittsburg Youngstown & Ashtabula has lost quite heavily presumably — QuincT Omaha A K. C. -*t. Paul A Kuuth. Sioux City A N,.>rthem.* , Pla. rent. A Pen. GeorKia tiatlroad. Ga. Southern A Fla. Mexican Boad», j I Mexican Central. Mexican National. For the month only. — on the ore traffic and most of the roads in Michigan, IMPORTS EXPORTS OF GOLD more particularly the Grand Rapids & Indiana, the SILVER SAN FRANCISCO. Chicago & West Michigan, the Detroit Bay City & We have received this week from the Collector of Customa Alpena and the Detroit Lansing & Northern, are disAmong the roads in this at San Francisco the returns of imports and exports of gold tinguished in the same way. and silver for the month of May through that port, and section a few of the smaller ones show qufte heavy present them below, retaining the figures for previous months ratios of gain, as for instance the Wheeling & Lake so as to give the result for the eleven months of the fiscal Cleveland & Canton and the Cleveland year 1890-'91. The imports have been lighter than for a long Erie, the Akron & Columbus. In the Eastern and Middle group time past, the aggregate of gold being only $39,012 and of only 5 roads out of 13 have suffered a decrease of their silver $180,658. A small portion of these supplies came from Victoria and the remainder from Central and South American net, the falling off being small, except in the case of countries. There has been received during the eleven months the Allegheny Valley, which has lost 123,809. a total of $6,327,603 gold and $3,429,420 silver, which comPacific roads shows a small gain in the aggregate, but pares with $4,718,134 gold and $2,892,540 silver for the like two of the lines in the Southern Pacific system, several period of the fiscal year 1889-'90. The exports of specie have of those in the Union Pacific system, and the Northern also been unimportant in amount, the total of both gold and silver being below the total for any month since February, Pacific, all record diminished net earnings. In the case The shipments of gold coin for May were $100,000 to 1890. of the Union Pacific the loss is chiefly on those lines Honolulu, $16,895 to China and $6,000 to Central America, which have suffered Aost from the shortage in corn in and $160 gold dust went to China. Of silver coin China took Kans^ and elsewhere, the Oregon Navigation Knes in $219,860, all Mexican dollars, and $3,000 in other coin went to The $24,000 bullion was absorbed \>j the same system having an increase. In the South- Central "America. For the eleven months the exports of gold have beea Japan. western group there is a gain on the Atchison proper and slightly greater than in the same months of 1889-'90— $1,498,also on the S^^ Loui^& "San Francisco proper, but a 317 against $1,384,101— but only $5,098,335 silver has been Ipsa oh the,liues half-^wne'd" of both and a loss on the sent out, against $12,568,715 in 1889-'90. The exhibit for May jbenver & Rio Grande.' tha Colorado Midland and the and the eleven months is as follows AND ANS AT : Junk THE CHKONlOLii. 30, 1891.1 IMFOBTS or ANU SILVER AT RAN rRAMCUCO. aOI.I> MONTII!<. Ooln. [Viom oar owB eorr«vaad«at| BuMon Oain. Total. 1.182 Juir AUKUSt lO-^.-'iOO Bepiemh'r. 71T.(W(i 2,;i();),i!»(i Kovoinlicr. !I77,(!71 December 0'j:i, !!.-)( Jaiiiiiu-y... ISK.'Jld February.. Mureli April 248.604 May •iO.aoB 35,188 15.092 26,892 28,074 58,IS1 n50.9Hl 51.0WJ 76-<.7«s 54.641 2.35S,137 41.057 1.018.728 45,369 669,038 37,738 536,948 16,670 303,174 10,217 46,738 21,846 67,031 23,920 39,012 BuUiOH. ViW « . . Dftonctuvvi-^ommcvctnl SinglUh 9*tvf aoLu. isoaoi. October 1 50. r: Tolal. I * The Directors « lfll,8«l0l 212,128 ;i.%7,os8 itIl.tllMI (ic..i,ii:io 30(1.512 7;f 72 ,845 3 1 3.5:12! :i.M(i,377 31, ,922 35, ,840 192,692! 224.(114 207,003 242.^13 2(17,206 221, 213,456 22.^.0•(3 163,5!I8 l'»(i.6.%M 21 ,288 11 ,627 17, ,060 i!,4 Tot.llino». 5,933,490 391,113 6,327,603 11.031.872 2,307.548 3.429.4 EXPORTS OP GOLD AXD SILrBR FBOM lAK rRANCIBCO. SltrER. MOUTHS. 1890-91. July Au>ni8t Septemb'r. October . . Coin. 91.S70 100,566 !t».7»5 1,59.814 Butt'n\ $ 839 Bullion. Ooin. Tolal. Tiita>. 2,425 3,080 $ 510 955 92,7(>lt 102,li:tl :u-..ii:. 102. ST.". :j-. 1(>0,354! ;t:i«,J78' 345,0.54 I f.Ml,;il 496,915 321,860 336,278 648,217 , i,--t;ii 500,217 171. 98 r 236.883 1,158.805; 207,373 177,478 98,628 286,168 303,983! 73,163 188.100 433.466 123,088 222,860 183,400 140.450 24,000 4M7,383 573.916 240.860 Tot.llmog. 1.485,172'13,045 1,498,217 4,702,985i 395,880 8.098,836 November. December. January . February. Marcb April i^y 171.026 233,033 3,850 176,602 876 98,628 73,843 326 158,100 122,895 160 48,000i 1,158.805 297.373 28(i,168 QUE GOLD EXPORTS AS INTERPRETED BY A LOOKER-ON IN GREAT BRITAIN. Belfast, Ireland, 2d June, 1891. The Editor of the Chronicle, Neu) York. — Dear Sir I have been very much pleased by your articles on the silver question hitherto, but I do not understand why in your article on the Financial Situation. 23d May, you should express surprise at the gold coming to England. The cause seems very plain. The U. S. Grovernment in its wisdom, by ordering the purchase of silver, has raised its price abnormally in proportion to gold. Therefore the gold comes to Europe and the silver remains with and goes to you. There is no use blaming Europe. Gold just finds its level like water, and if you interfere with the natural laws and make 921 silver for the time being mc re valuable, the gold natu- your side and comes here. do trust the United States Government will soon see the folly of trying to make money plenty by purchasing silver, and even if bimetallism would be an advantage you cannot force other nations to adopt it and unless it be made universal, you are bound to lose your gold. I am, dear sir, yours very truly, John Workman. rally le.rves I of the Bonk of LOXDOK. Juno 6, IMl. England on ThuniUjr raduoad tlu'ir rate of discount from |wt c<.-nt t<> 4 par cwnt. TIm change, which woa not unex|Mx:led by tlic outaldo market, it not quite approved of by thuUKlitful bankers protiablf it waa decided upuu when the Dln-ctors found that they could not count upon the cooperation of the juint-atock baalu. LmI week two meetings of the leading joint-slock baolcs ware bald to conxider the proper meaiwof supporting the Bank of EoKlaad' but no deciHiou woa arrired at. On Tuesday of this we«k r^ presentatives of the smaller banks in London, of the prorlncial banks and of the Scotch banks were invited to meet tha representfttivesof the leading banks, but again no agreeniant was arrived at, and the meeting was adjourned till yesterday, when it broke up without doing anything. Already on Toea] day the course of the discussion showed that there was little probability of forming the desired association. Then, appai^ ently, the Directors of the Bank of England Came to the con elusion that they could not hope to keep up rates, and decided .'i ; ', upon a reduction. As soon as the reduction became known the joint-etook and private lianks reduced the rate they allow for deposits to houses redooed '^/i P^i" cent, and the bill-brokers and discount their rates for money at t^l to 2}^ per cent and for money at notice to 2% per cent, and there was a sharp fall in the open market discount rate to 8^ per cent. Probably there will be a further decline, unless the Bank of England takes energetic measures to make the 4 per cent rate effective, for unqaeaThe coin and tionably the Bank is at present very strong. bullion amount in round figures to 26!^ millions sterling, and the reserve considerably exceeds 17^ millions sterling, while gold is still coming in from abroad and the Scotch gold is also coming back. The expectation now is that by the end of the month the reserve of the Bank of England will reach from 19 to 20 millions sterling, always provided of course tl-at there The Bank is satisfied that are no large withdrawals of gold. it is strong enough for the present, if it can prevent gold shipmenig, and it has ceased taking gold from New York the shipments this week from New York are on account of the Bank of France. If rates decline unduly here the Bank of France will probably take gold from London; so also may the ; Imperial Bank of Germany and it is possible that there may be considerable shipments to Buenos Ayres in oonaeqnence of the run upon the foreign banks there. The reduction of the Bank rate has prodouced a much better feeling here. On Monday and Tuesday apprehension was so great that it looked almost as if a panic were impending. ; Alarmist rumors were making fiee with the names of half a dozen of the leading houses in the city, and it was even said that at the joint stock banks meeting on the preceeding Friday a proposal had been made to subscribe a guarantee fund to prevent the failure of one great house. The rumor waa Michigan Banks. We give below a statement showing the promptly contradicted, and in fact it had not a tittle of founcondition of the banks in Michigan, both National and State, dation and as far as can be ascertained there are no serious at the close of business on Monday, May 4, 1891. In future difticulties at present. All the houses spoken of are quite in a issues of the Chronicle the returns for other States will be position to meet their engagements, and some of them have given so far as we are able to obtain them. very large surpluses over all their liabilities. But the city reNat. Caikt. SIntf BaKkt. MICHIQAN. fused to believe that the Governor of the Bank of England would May*. Mat. 4. ba so urgent in attracting gold from abroad and in inviting 116 Number UO Kftourcet— the co-operation of the joint-stock banks unless he knew of some Loans and discounts t2e,37»3!)4 t78.0«6.68e (10.276,786 417.264 187,526 Overdrafts 229.780 imminent disaster. The contradictions that have been made 10,Sie,»26 23.031.806 Stock.'", bonds, Ac 4.281,M0 12.297.767 0.288,238 Due from reserve jcents 6.000.&9I9 and the reduction of the Bank rate liave induced the public ; — ; Due from banks and bankers BanklriK house, fnmltare and flztures Otherreal esUte Specie Lisgal tender notes and cert'fs of depoalt.. Excbanices for c;earlnff House Bills of other banks Current exiienses and taxes paid Premiums on U. 8. bonds Other resources ToUl 1.072,A04 1,113,062 SSO.&UO 2375,0061 UStt.171 1 490.610 ^ 321,137 867,R22 310.612 1302.880 l.ue^l.Btl 2.00I.0OI 1,131.118 8.6St.70<) M3.140J SfiO.SM 987.786 486.043 170.340.824 228,867 88,241 100,174.971 tl30.521.79<S rumors circulated were entirely false. market is very quiet. There b no Indian demand and scarcely any Continental demand but there has been during the week some buying on New York account and the price on Thursday recovered to 44^gd. per ounce and now to believe that the The silver ; U^d. per ounce. liquidation in Paris at the beginning of the month has passed overmuch more smoothly than the most sanguine exyesterday to The UabUltlrsCapital stock paid In Surplus HtuI undivided proflta Irculatlon outstanding DIvldetuls unpaid Individual deposlu Other d.:poslU ... Due to banks and bankers Notes and bills ro-dlscuunted BlUspaTable Total 116,548.000 6.8B83I3 «8.8»7.183 3,400,819 |2l,tl«.788 9.MR.6S1 1,707,066 6.680 88.301,180 9306347 2,707,666 7,026 48.267.5t7 600341 86.086.028 86.201368 fl.SUjna 1,57S341 006.008 7.881.080 1.485.148 185,077 877440 180.821 (70,846.824 'i.4i99 24.280 |00,174,»71 $130,521,796 ^otf.— The amount (12,862,880) under Slate banks, bracketed opposite sp^-de Ac. Ac^ is otven in repents of Slate banks as cash and Clearlnx House exchaiwea I86341 oppoaila " premloms on V. 8. bonds " I* amount of Interest paid ;^' other depodta " nnder Bute banks la made up of 828.583.106 lagal tenders. : aavtnos depoalta and (7.061.016 certlflcataa of depoalt. pected. There have been no failures of any account, and the greater operators express confidence that the fears eotertained a little while ago were quite without foundation, and that tbere Unquestioaality tha will now be a rapid recovery in prices. leading banks have combined to support the market, sod tbe public has not token alarm yet there is no disputing tbe tect that there is a large lock up, that several banks are discredited, and that there is a reckless speculation. The new Portuguese ; THE CHliONlCLE. 922 Finance Minister is still in Paris. It is said that he has made arrangements for the sale of a large block of the Tobacco Monopoly bonds by which he obtains the means of paying the next coupon on the debt but what will hapi^en when the January coupon falls due remains to be seen. Everybody knows that the debt"of Portugal is entirely too large, and that Portugal cannot pay the interest out of her own resources. The difficulties of Spain show no signs of abating. The Bank Charter Bill is still under discussion. If it is passed, it will of course enable the Bank to lend more freely to the Government, and may thus postpone a crisis. The news from Italy is not encouraging, the difficulties there being as acute as ever. ; Stiil, as already said, the great Paris opei-ators are so confident — that they have raised all prices French Rentes, Russian, Italian, Spanish, Portuguese, Turkish, and the like. The Berlin market is less confident and less active, but it has not given way. ded, and Here London, though alarm has subsiperiod of quiet, there is no in we may probably have a Ln. [Vol. Bank of France to take prompt measures for strengthening stock of gold, and therefore, as stated above, it is now obtaining the metal in New York. The estimate is that at least 10 millions sterling in gold will have to be withdrawn from the Bank of France during the autumn to pay for the wheat the its If the Bank of France can strengthen as to be able to part with so large a sum without drawing upon London or Berlin, it is possible that the autumn will be a less trying time than a little while ago every one was prepared to expect. The Board of Trade returns for May indicate a larger decrease in the exports of British produce than in any jnth since the Baring disaster. In every department there has been a serious decline, amounting in the total to £3,196,000, or 13-93 per cent. The heaviest falling off has been in cotton goods, where the decrease is over a million sterling. The exports of iron have declined £335,000, aud of wool and worsted that will be imported. itself sufficiently so m inclination to engage in fresh business. Consols, Indian sterling and rupee stocks, colonial stocks, and British railway stocks are all lower than last week, and it is believed that On the other hand imports have baen large, showing an increase of £1,036,000, or 311 per cent. This gain is due to an increase in arrivals of raw wool of £1,913,000 and to a gain in the cotton imports of £'j82,000, which were exoep - there tionally small in a large speculation for the fall in American railroad Possibly tliere may be a rapid change next week if, as now seems probable, the fortnightly settlement then shows that the bear account is very large. But on the other hand, the acuter stage which the Argentine crisis has reached •weighs upon our market. is securities. £238,000. May, 1890. The comparison of import trade 1891. IMPORTS. as follows: is 1890. S, S, 33,741,082 33,311,354 35,253,058 3(>,140,334 — l,'lii'2.7fi8 -f2,29i;,.")12 — 887,275 AprU 3-<,982,537 35.680.242 -|-3,30-!,295 May 31,377,698 January February MarcU Fer Diffcrauc. S. 3S,143,8S0 31,01x.842 CI. — 11-54 + 7-39 — 2-45 9-25 -t- 33,341,005 +I,030,(i93 + 311 The banking discredit in the Argentine Republic until last 5 montlis.... 173,487,916 174,031.403 174,034.403 week was confined to the State banks but last week a run -fl,403.453 + -81 The following table gives the exports of British and Irish took place on the native private banks and also on the foreign banks and five of them had to close their doors— two Italian, produce: 1891. 1890. Difference. Per Ct. Exports. £ one French, one Spanish and one native. One of the Italian £ £ January 19,834,315 21,586,752 —1,752.137 811 banks is an old established institution that had an exceedingly February — 613.007 — 2-91 20,470,621 21.081,228 21,663.378 20,067.022 -H,59H,:f50 + 7-95 good business and was in very high credit it is believed that .Marcb April 20,919,066 20,341,367 + 574,t>»9 + 2-83 its difficulties are merely temporary and that it — 3,19-6,3J6 -13-93 19,744,473 22,910,779 will soon May resume business. The English and German banks have been 10!i.023.148 5 months.... 102,631,853 —3,391.295 3 20 able to weather the storm, and one of the English banks in Exports of foreign and colonial produce were as follows particular— the London & River Plate Bank— has been con1991. 1890. Difference. Per CI £ £ £ gratulated by the President;not only for the strength it showed, ; ; : but for the courage and liberality with which it came forward to assist others. It is said that in addition to all the economic causes affecting the Argentine banks, the run was precipitated by the tactics of the Opposition. When the National and the Pro- January February MarcU 4,389,802 5,862,215 5,935,438 AprU 5,535.1.52 May 5,447,331 4,779,951 5,369,507 6,327,102 4,859,746 6,476,915 7,169.958 27,813,221 5 month.? ... — -f — — — 390,149 492.708 391,644 + 673.106 —1.029,584 -I- -1-13-89 —1589 — - 043.263 position of the The following return shows the 8-20 9-17 6-19 2-31 Bank of vincial banks had to suspend paying their depositors, the old England, the Bank rate of discount, the price of consols, &c,, quarrel between the private banks and the Government was compared with the last three years made up the Government recognized that it had been mis1801. issn. 1SS8. 1890. Juiu 3. June 4. Jitii' 5. Jniic 6, taken in its treatment of the foreign banks, and since then a, £ 25,0131.000 24.853,140 21,731.415 8*,370,3S» the forf ign banks have been giving all the assistance in their Circulation 6,281.007 5,531,932 9,558,594 5,911,405 PobllC deposits power to the Government. On the other hand, the Opposition Other 33,834.799 25.110,312 deposits 24,811,072 21,577,869 have been spreading all kinds of rumors, have been alleging QoverDiuent securities 9.011.335 15,505,577 18.015,035 17.053,391 23,912.201 19,871,873 22,130.040 18,629,151 Other securities that the private banks were in a conspiracy to ruin the State Reserve 13,187,335 17,680,598 14,103,079 12,618.85!) banks, and have been refusing the necessary accomodation 28.331,598 21.590.775 22,638.491 20,317,130 to Colnand bullion 41^ the public. One motive, of course, was political but Prop, assets to liabilities. perot. mi 41!i there 3 i'4 perct. i (June 4) (June 7> Bank rate 2M was also a desire to prove to the public that the only hope of 99 1-18 94 13 16l-d 97 7-16 1-4 Consols safety was in a further issue of inconvertible paper. 145,138,000 183,818.000 178,238,000 131.134,000 For the C.earlna-House returns moment the run has ceased, but there is a danger of course The rates for money have been as follows: that the foreign banks may have to send out largo IntcreU allowed amounts of Open Market Rates. gold. They keep their reserves in gold, speaking for deposits by generally, Bank Bills. and when they have to pay out paper to tlieir depositors they Disc't H'u London : ; ; are obliged to Joint sell the gold to get the paper. At At 7(0 11 Four I)ir«e Six Six Stock Four Three MnnthSiMonths Uontht Months] Mont)« yfomhs Bunks. Ca!(.l Days. the begin- ning of the run the premium on gold had risen to 333 per cent, and the sales of gold by the foreign banks caused it to fall again sharply to 293 but as soon as the sale ceased it went back again to 323 per cent. The weather all through the week has been most favorable Majr for the crops temperatirre. ; there has been abundant rain with a very high Hay, grassland roots in consequence have im- -fiWSt I 35^4 ; 4«® 4 ® - 3«® -\3M<S)i {4 ® -]4 @ - 4 @4J^'4 ®ii4 2 2 -3 Sk'3«-3« 4W@5 4 @1K4 ®4MJ4!^®6 4K@5 S%3 - 3^®4 l3;i®4 il^®5 4^®5 June 2*4 3 - SHSlSH 3>^@SM'8X®4 5 3« 2« 3Mi@4 SH3J(-3M 2«'2«-2« The Bank rate of discount and open market rates at the proved very much, and it is now hoped that the hay crop will chief Continental cities now and for the previous three weeks be a good one. Even reports respecting the grain crops as follows: are have been decidedly better than they were. But from the Continent Mag 15. Miy 22. Mail 29. the rejports are still gloomy, more especially it is Rates of said that the Interest at Bank Open Bank Open Bank Open Bank Open injury done in France is so great that nothing now can Market Rate. Market 'Market Rate. Market materially remedy Rate. it. The best-informed estimate that France will have to import at least 20 millions sterling worth of wheat and the harvest will likewise be very bad in Holland, Belgium, Germany and Italy. From Odessa it is also reported that great damage has been done throughout the greater part of the South of Russia, and that in many districts the wheat crop will be little better than two-thirds of an average. The prospect of large imports of wheat has induced ; Paris Berlin HamburK 3 4 Brussels 4 i 3 3 Madrid Vienna 4 4 Frankfort Amsterdam.... St. PetersburB. Copenhagen Rate. 2« 2^ 3 4 4 8-« 4 3 tm 3 nom, 4 4 SH 6« 4 5X 4 4 4 2« 2M ] 2« 3H 2J< 4 2H SH 3« 2?^ 4 S'4 3 2« 2« 8 3 2% 4 4 nom. 3 3 4 nom. s;( 4 SH CM 3« 4 4 5« 3« 3H nom. s% 4 4 3 4 3 4 3 nom. 3 nom. 3 2M 2» 3H Juke THE CHRONICLR 20. 1891.J & Mosnrs. Pixloy ending (for dry Koodt) II tad for ttM endinff (for ijoneral merchitndiM) Jan* t<; alto toUb the beglDning of Ui« fir«t weak In Jsnuar/. romnoa utron* at New Silver— The market Imi) been very hudly Hupplled with nllvir. aiM with nrtlerfl In foreo nn utivnnce took plaeo to 4 l^td., and lat'^r In 44<<Hd. The Indian parity Is about 1 p<^r i<ent helow eurrent c|tioiaWe are Informed there Ih little floating ntock In New York, outttont^. Bide the quantity repre»ented by Mlver eertlfloate". Almnt *2.'i.000 has arrived from thn Weal ludlcit. tfhlpmuut»: To India, May 29. jei9.600; IIIoKo. ^50,000. Mcilean Dollars— These coin have boon almost entirely nominal at about Id. under silver. The Bnllarat took il^.'<.90U to the BIralt* and China, and about *18.000 has been received from Vera Cruz. June JtfayiS. t. i. I. 77 9M 77 go\(\. contain'g eOdwt«.illTer..oi. 77 10« 77 log 6 United Kingdom compared with previous seasons firs. oi- : 4fi.31.'i.337 33,5.M.174 Barley 14.02'2.10G 12.4.V2.297 15.483.543 15.431,»i')» OaU.. Peas Beans 10.928.517 1.583.357 2,271.270 20.833.040 9,161.338 1.443,609 2.406.C27 11.34><.379 ll.fl3i),7.30 1,916.082 2,430,3S7 2,003,!»02 29.9."il.618 2.542,0,37 21.8.10.437 lG.«0(S.0rf8 12.326.-230 13.261.278 10.792,632 14.307.820 owt com 1887 1888-89, 88. Supplies available for consumption (exclusive of stocks on 1): 1887-88. 1889-90. lQQO-91 1888-89. Import80fwheat.owt.41.983.933 39,570.633 46.315.337 33.691.174 12.526,236 13,261,278 10.752.632 14.307.820 Imports of flour Bales of home-grown. 29.547,926 38.671.700 29.202.126 32,170,097 84,033.093 Total 91,509,611 1889-90. 1890-91. 86,270.095 Q«o'l mer'dtse. This week. qrs. 2.614,000 285.000 Flour, equal to qrs. Maize ars. 1888-39. 4J5.0t)0 Latt veek. 2.559,000 3OJ.O00 300.000 1889. 1,283.5 CO 1890. 2,561. .500 222.000 439.000 287.000 680.00i> Sat. Man. Ttiet. Wed. Thur: d 44^ 44«,« 44»,a 95iig 953j, 449,g 951i» 44»8 London, BUver. per oz Con8ol8.new.2% per cts. 931,6 95% 95!<,8 95'', do for account Fr'ch rentes dn Parld)fr. 95-75 95-85 94-90 102 102 102 4i-2sot 1891 U. e. llOia 1191-1 1191a U. 8. 4s of 1907 8')''9 8138 81% Pacifle Canadian 6658 6738 6638 Chic. Mil. <St at. Paul |99% 991a Central 991a Illinois 11213 1121a 112% I,ake Shore , 7614 74»9 Ilud.son. 1021a IyOUisville.& Naehville.. Hexlcnu Central 4s K. V. Central A ». Y. Lake Erie & Wesfn; 20 14 9913 2rt cons do Norfolk & Western, pref. 531a 091a Northern Pacific, pref 5114 Pennsylvania Philadelphia «fe Reading. 16 . . Facillc 46% Waba.sh. prcf 231s 7613 7514 10218 20^8 991a 543a 751a 74% 95% 94l»,g' 951,8 95171a 9515 102 1191a 81% Fri. 45 102 119>a 81% I 951,, 933,. 95 1713 102 I2OI4 81^8 6718 6339 99% 98 H 60 la 97 112% 1121a 1121a The following table xpoara 7313 75 19 74% 74% Aitn ntpoars o» ipaoia ai IO314 20»8 103 2OI4 2038 100 la 100 la 100 13 54 69 14 535a 5358 5338 70 14 69 >4 69% 69 >« 51 14 I6I4 4739 5138 I6I4 4678 5133 23% 24 14 24 14 1614 4678 5138 16V| 5138 46% 23% 463g 2413 Sreat Britain 11,946,988 13.630,377 1,897,479 7,500 9.209 1,432.009 9.000 24,500 2.200 West Indies Mexico .,.,.. South America All ether countries.. Total 1891 Total 1890 Total 1889 •10.000 318.090 829,784 582.617 23,125 91.440 403,071 "3,860 "iliso •I,e60a27 •1.5,110 6.2 69 •338.172 •60.324.228 1.330.950 4,424,403 4,530,343 32,291,996 4.138,440 3.434.81S 18,123 ImporU. Export*. Sitter. $34,875 30,000 Qreat Britain France Germany Since Week. Since Jan.l. Week. , 2'i2j»66 "2,79i South America 43,000 289,696 74,739 ""lii •6,838.885 8.717.244 9.156,399 •2,906 101.281 42.999 Total 1891 Total 1«90 Total 1889 •64,875 59,050 145,190 Jun.U • 9 $5,862,810 356,081 West Indies 20,683 86.310 112.478 14«l,075 407,150 C774.«4» 2,800.aS» 779>8a Of the above imports for the week in 1861 $8,180 were American gold coin and $111 American silver coin. Of the exports during the same time $512,500 were American gold coin and §2,2CX) were American silver coin. United States Sub-Treasury.—The foUowing Uble show* the receipts and payments at the Sub-Treasury in this citv, as well as the balances in the same, for each day of the week. " 13' 19 Beeeipti. Paymenti. • • 2.088,419 3.231.882 3.332,»68 5.025.837] 2.549.416, 2,959,636 " 16 " 17 " 18 " 19 ir,i4 Total «. H. Kaphael, President: J. D. Ander«.)n, (ashler. ; ; , ; , l>owd, First National Bank of Rnsscllvlllo, Arkansas. Capital W. O. Welmer, President; James E, Battentleld, 850,000. e'xistcne* of the First National Bank of Grand Haven. Mich. (No. 1,8 19), expired at close ot busine-ta June 5, 1891, by limlta The corporate AND Exports fob thr Week.—The imports of week, compared with those of the preceding week, show a decrease in dry goods and an increase in general merchandise. The total imports were $8.0S1, 804, against $7,965.1.57 the preceding v.eek and $10.4.'51,6.51 two weeks previon<t. The exports for the week ended June 16 amounted to f >,8.ST.241, against S7.6lO,T6-3 last week and $6,289,767 two weeks previous. The following are the imports at New York for Coin Coin. Cert'$.[ -* • 20,730,948' 17.685,319 1P.92J.997 17.444.382 103.499.370l 18.4%2.292 17.286.939 103,637,450 17.80.3.723 I7.177.8»a 103.699.020; 17.149.330 17.1O3.0.Vi 1401,374,34 17,533,880 17.803.:«3 2,473.839 103.407.033 4,330.1><(! 103,371.040' 4,860.191 5,645.079 3,217,072 4,199,422 .1 19,208,1781 24.739,796' — The 4,578—The National Bank of Grand Haven. Mich. Capital. *10<),000. Uwieht Cutler. President George Stickncy. Casliler. 4,379-Thc Deshl'-r .Vaflimal Bank of Columbus. O. Capital. t200,000. George W. Sinks. Presiaent John D. Dcshler. Cashier. 4.580—The Manufacturers' National B«nk of Lynn, Mass. Capita $200.000 William A. Clark, Jr., President ; Frank L. Larl, Cashier. -, „ „ , York. Capital New ,, Heman Since Jan.l •10,000 •923,472 »3 1. 924.079 Germany....... fne Natioxal Baxks.—The following national banks have recently been organized : „,,,., 4,577— The First National Bank of Brownsville. Texas. Capital. *j , 4,381 -The National Bank of North America. »700.000. Warner Van Norden. President; Import*. Week. Since Jan.\. Week. Balance*. 75 103 201a imw roaa^ aotd. 75% 100 la 102% »5.H«i7.2U 193.795.033 shows the exports and importa of specia Eiportt. DaU. i^ommcxciixl and miscellaneous %tvj3 liiPORTS 1890. •7.687.929 149,410,110 at the port of New York for the week ending Juno 16 and unce Jan. 1, 1891, and for the corresponding periods in 1890 and 1839: EnKllab Finaaelal markets— Per Cable. last 1889. •e.996,401 192,836.343 All other countries.. daily closing quotations for securities, &c., at London, are reported by cable as follows for the week ending Jtme 19: 1891. 1888. •5.939,938 130,449,843 Total 34 weeks. •136,382.780 • 199.382,743jl97,130,e39 •161.683,274 1887-38. The 4.582—The •104114.915 3,001 MA,300,838 •70.13* A7S •B4.9M.aBO I«7 ,949,349 174.313.670 iMlwMii Bm>,»91.l22 161,997,911 Total 24 waek*. •332,909,033 •3S8,OSO,079 •244.443.343 •a l9.«7S,a4t 80,029,091 English wheat, per qr.— 323. 01. 295. 01 323. lid. 403, Id. Average price, week 30s. 5d 31s. Id. 308. 3d. Average price, season.. 34s. Id. The following shows the quantities of wheat, flour and maize afloat to the United Kingdom: 000. •9,338,700 1. QomU Prev. reported. 4SM IMPORTS. 1889-90. 1890-91. 41.983.933 39.570.B33 Union •i:««» ••^i,««« ror the week.. i. cereal produce into the during the thirty-nine weeks of the season Wheat 8,070. IWP «4« 47X oi. The following shows the imports of September 6.040,937 •»i,01 gold. .01, 49 ot- 48H silver Cake silver Mexican dols S.Am.douMoont.oi. Indian Flour $7.nn.7n Bar silver, contain- lOK Bpan. donblooni .oi Wheat WnM/aa. Orr t»«t. • l.97IJMt4 MM Vat IS. 7UIU4. d. 9H Bar T»t»I lavo. •1,873.119 7,091.994 44« I,oa4an Standard. d. <. gold, flna...,oc. Bar Bar Drr Goods Qen'l mer'dlM. mw tobs. 18M. 1888. fta-ITMilr. •!«• In our report of the drjr gooda trade will be found th« importa of dry goods for one week later. The following is a statement of the ezporta (ezcluaive of •peoie) from Uie port of New York to foreign porta for tbs week ending June 16 and from January 1 to date xrona rsoM aaw tobk fob tbb waaa. for bullion are reported as follows: II.TIB. OOLD. London Standard. wMk JoM Uw wwk Abell write as follows: fiolil— Tlio Riiiik oniitliiiicH to receive everv imrnl of oold. %n& lliorn In DO (Iriiiiiiiil fur iitlicr <|uni't«r«, and the pmnliun on Saxlei bna Ihkh reduced to 76'.'>. DiirhiK Hio week the Bunk hiM rerelved ji1,8H,%.<hmi, while only i:.'>(),000 liiix Ikm-ii witlidniwii for Kiieuo* Arren. ArrlvHla: York. £51)7.000; Nnial, XIO.'.OOO; HoinbriT, S<M).0Ofl; WV.t Indies. S'2S,(K)0; total. i'.IT.OOO. shipments: To Jndln. May 29. i I9..W0 The quotations 928 performance of Messrs. Pain & Sons at their new Ureworks amphitheatre at Manhattan Beach will occur on Tuesday evening, the 23d inst. " Pans from Empire to Commune" is the grand spectacle which will be presented and continued during the summer. The establLshment OC Messrs. Pain & Sons in New York is at No. 102 William Street. initial Aaetion Sales.—T he following were recenUy sold at auctioa by Messrs. R. V. Ha rnett & Co. •25e»rh 10 Standard GaaU Co. Short*. ' SharcM. 838 Toronto M. Co..*10 n. b.*3 25 50 Bank of Stale of N. Y...110 970 Cons. Elec. Storage Co.. •l.iOO 81 pf.. The following were Son: 173 9FnnrtIiMat. Bank 10 U. 8. Trust Co 805 Bond: ria. * Ala. KR.C0. oertlflcateof Indcbt •900 Wert sold by Ueasrs. •5 Adrian H. Mailer *, SkttTt*. Shnrei. 113 9 East Side Bank 227ia-22S 160 Oriental Bank Bond*. 100 N.Y. & Culia Mall 88. Co. 70 pref. Ry. llTowa Oenl. *I0 Excb. Prod. llemb. N. Y. 1 3S 700 (all dues paid) Cent. Ry. 1st. 147 •f 19 Home Ins. Co Int. carrylnn rip. 20 Hud. Blv. Telephone CO. 23>« from Juno I. 1887. wbea IJJia 12 Broadway In». Co vQiH convertP<i Into bond 20 Ijkwyors" Title Ins, Co.. 193 Maoon & BtrmlnK. $90,000 of Co. Ins. Fire aermania 60 «u. 1st 9«. 0». of o. rE 170 New York 34 by Ga. So. * Fla. KK. Co. 10 Dry Dock E. B. * Battery • 1.000 U. U. E. B. * Bai.BR. 131 KB. Co 101% a eaiuaeaw Co. ea 147>* Ins. Co 7 Home 1 . . THE CHRONICLR 924 New York Bank Statement CItj We 13, 1891, is as follows. » 935,6 1,981,7 •2,001,8 670,8 2.429.6 118,1 6,483,9 140,8 1,622,3 303,6 401,0 143,7 670,5 75,3 489,1 2,019,6 3.617,5 993,1 781,2 307,4 654,6 1,662,7 314,7 433,1 232,6 768,4 103,6 267,7 1,166,4 312,2 404.5 5,136,0 2,649,0 143.3 1,746,4 558,7 369,6 266.7 8,757,6 12,5 143,3 483.1 668,5 272,7 978,9 798,1 616,9 480,7 630,6 366,4 353,3 305,0 603,4 236,6 172,8 376,0 308,4 792,6 . , Total 1,808,5 671,0 412,0 10,037,9 1,853.3 21.476,0 3.096,6 4,819,2 1,787,4 2.308.0 1,103,7 141,4 5,243,6 194,3 694,2 2,107.0 273,6 1,645,0 714,3 l,4t;4,9 3547,2 1,878,6 4,182,8 2,013,0 3,547,0 1,577,0 9,958,5 3.823,0 1,257.0 1,237,0 653,9 163,5 257,0 113,0 297.0 181,6 272,8 352,6 190,0 192,2 287,2 228,2 287,8 1,2(10,5 1,6P6.0 3,486,4 2,206.8 1,419,5 2,502.8 12 f 09.0 13,047,3 414.9 4,7 IH,? 1,306,3 1,':'51,1 8,(166.4 419,6 e8S9 405,1 1,611,1 1.066,8 281,9 311,8 258.0 607,8 3,521,4 1,235.5 379,6 234,0 3,142.4 10,830,2 6.210,4 3,111,6 4,328,8 13,252.6 2.938,0 3,191,1 3.286,1 3,920.) 1,855.8 3,300.0 6,773,3 4,668,2 3,133.0 64 3,1 975,4 1,071.8 392,9 603,8 600,8 358,0 210,1 494,0 1,027.6 992,8 154.9 3,507,0 3,S02,8 166.6 4,496,2 1,662,0 1,018,0 648.6 2,816,7 200,7 149,9 547,0 790.0 424,9 1,813,8 997,1 165,7 374.5 719,6 537,1 624,3 369,6 737,7 343,0 536.0 156,0 1.238,6 850,3 261,6 636,0 130.3 301,0 313,0 239,9 453,6 2,411.0 1,990,11 il, 073,0 23.762,4 1,007,4 16.452,7 7,731.0 s.ayo.o 2.964,3 18 736,4 2i734,8 3,933.7 122.6 902,2 574.0 366,0 320,5 1,467.2 6i6.7 201,2 190.0 132,5 117,7 l,:i91,6 3,473,5 2.122,5 11,891.3 5,093,9 8,440,2 3,060.0 3,651,9 4,056,8 4,100,0 2,134,8 6,303,6 2,182.0 3,893,0 1,371,0 8,294.2 3,883,0 1,644.7 379,3 650,1 369,1 192.2 441,9 448.8 276,8 930.3 269.0 419,0 177,0 850,3 216,8 60,772,7 64,368,7 S83i034.6 60,604,4 46,853,3 383,491.0 New York ir. 12,328,1 4,367,0 2,610.0 2,996,3 2,641.7 10,230,3 4,700,1 2,823,7 2,578,1 3,729,0 3,751,6 11,400,0 8,898.0 6,030,1 6,679,0 11,427,0 4,108,0 10,175,0 1,736,8 21.678.9 3.629.9 3,908,0 1.896.0 2,235,0 669,0 1,169.8 993,0 City, Boston and Philadelp hia Banks Loam. SptcU. L/goli. York.' OepotiU.' ?irr.'<'n $ OU»nn.,i » 16.... 125.139.4 398,579,2 64,384,1 40,166,6 398,507,0 3.437,9 722.604,5 " 23..., 126.139,4 392.921,8 61,H8»,3 41,129.7 391,20.'5,4 3.448,4 851.789.3 •• 29.... 126,139,4 389,048,9 60.969.1 43,346,9 387.107,3 3.171.7 483,236.1 Jane 6 126,139,4 388.236.4 59,761,3 42,908.9 333.88 J.l 3.439,7 668.626 6 l.'f.... Boston.' May 125,139,1 383,034,6 60,604,4 45,853,3 383,491,5 3,485,7 584,783,8 66,842,9 162.264.7 66,842.9 151,242.4 66,342.9 149,663,1 39.... June 6 •• 13.... 9,602.6 9,212.3 Phila.' May 29.... June • 35,793.7 85,703.7 35.798,7 6... 18..., 4,360,l' 128,610,2 8246.1 4.172,8:125.4.S9,3 3.258.6 9,341,4l 6,114,0 121.777,7 3,268.3 70,931.2 91,065,8 81,710,3 97,393.0,2,079,0 97.405,0 3,0-f8 97.142,0 2 ,0 77,0 49,726 8 70.839 8 93,069,0 93,782,0 83,409,0 30,60,'5,0 30,636,0 30,464.0 Qu'ntitiet Value. \(tuanUtiee t 91,890 New York Boston Philadelphia Baltimore New Orleans Pao. oust, dists.* Other cu8. dists.-r t 91,663 Total, barley 861,695 284,887 49 354,847 ',181 129,509 29,016 14,669 853,876 688,804 454,776 300,563 143.744 79,674 109,581 45,8«5 327,733 2.7I1.,523 1,155,039 178,618 1,2-^8,.'(3S 10,743,038 2,308,058 2,047,136 B52,9;;6 4,065,.'i29 475,104 3,004.3:«- 484,430 4,774,091 6,084,171 1,881,512 1,198,882 3,331.344 1.848.508 129,047 2,477,782 Oorn,lmt\. New York Boston Philadelphia Baltimore Sew Orleans Pac. cnst. dists.* Other cu8.dlsts.-f Total, corn 1,921,701 Ootfwneal 404,606 3.065,451 1,487.987 1,067,011 36,233 1,933,361 1,481,936 10,106,072 151,314 4,258,328 27,090,094 15,243,787 15.883 14,389 42.119 176 401 528 944 155.347 64,024 4 474 14.279 134 605,497 229.058 14.589 47,182 20,470 49,594 hblB. New York 10.955 2,790 100 Boston Philadelphia Baltimore New Orleans Pac. cuat. dists.* 43,928.48-i 365 2.434 Other cu8. diBts.t 7,226 8I,>^8> 15 56 17 818 1,777 8,698 8,675 13,851 9,555 1,821, 19'J 942 625 107,028 657,781 36,361 12^ 167 90 107 100,lliS 34,746 14,000 4,«'^0 963 547 3,054 1,856 l-,169 455,874 4.H32 154,940 51,944 301,536 80,107 114,834 2,506.398 893,280 252,780 6,469 28,548 Total, corn.meal Oati. hush. 6 84,208 New York Boston Philadelphia.... Baltimore New Orleans Pac. cuat. diata.* Other cu8.di8ts.+ Total, oats Oatmeal, 479 288,63^ 847,239 614,140 26.152 2,303 StO 221,519 9.819 1,186 245 887,406 878,387 1,145,(127 6,581,850 309,680 20,827 171,023 6,478 3.867 10,03 i lbs. New York 940 Boston SO 10,640 317,120 1.011,940 Philadelphia... Baltimore New Orleans... 118 8 125 3,500 Pac. cuBt. diets other cus. diata 93 65 3 11.000 76,000 2,0911 115,515 365,000 1,351.785 30,440 7,40.1,5,10 876.346 2i9,002 308,827 11,791 46,286 6,875 23,092 + Total, oatmeal. Rytjjmih. York... Boston New 330 212.326 194,611 Philadelphia. Baltimore New Orleans. Pao. oust, dists.* other cus.dtsts.f T(rtal,rye Wheat, buth. 434,423 New York 2,337,41 98,165 73.2«3 Boston — Philadelphia. Baltimore New Orleans. 44a,0M 2.704.103 292.609 Gua.dists.-t Total, wheat. Wheat-flour, bbu New York.... 1,144.P 258,9f'9 322,913 208,411 1,102,750 87.079 18,131 318,109 232,310 9,763,382 365,711 483.387 3,832,865 1,997,858 29.578,845 103.510 l,f.89,048 10.898,650 871.888 608.844 8,383,864 1,914,387 25,041,265 1,821,097 4.392,'298 3,746,201 47,405,391 43,284,475 l,331,l'i7 .348.842 521.8-.;3 100.074 1,481.284 477.026 3,821,097 1,H62,487 1-0,876 230.21>6 338.302 683,219 365,13« 771,870 2,175,177 31,356 1,765,478 808.067 16,726,818 6,006.504 8,508,505 11.842,024 155.740 7,162,870 4,806.364 992,404 4,393.688 10,235,381 40,108.815 2,.506,049 101.738 81.301 97.0 ;« 19,084 342,423 273.210 2,411,773 104,421 406.05' 351,4'iO Pac. cast, dists.* Other 463.869 2.715.725 303,069 6,288,987 Philadelphia. Baltimore,.., . ;'^ew Orleans. Pac. cust. dists.* 269,905 100,580 9I,«08 167,441 2.327 76,102 Other cus.dlBt8.+ »'.,534 441,677 849.978 12.143 870.701 488,736 rot«wheat-flour. 769,497 4.016,210 5,828 151,500 77.568 l,886,-^52 1,137,787 19,186 IbtaU. New York 1,313,020 685,764 3,171,800 1.121,315 4.674.344 839,520 1,635,299 2,149,447 751,569 2,512.075 1,119,479 ,881,860 ,060.874 ,385,964 .056,499 .714,845 ,730,398 .779.650 12,330,231 13,884.733 109,956,984 4.497.384 943.771 Boston — Philadelphia. Baltimore f.97.087 New Orleans Pac. oust, dists.* It.her cus.diats.t 68. 3 11, DITIDENDS. Eleven Months. 1890. Qu'ntitia Boston Oapital dc SurvlV4. May •• 1801. BxvorU. BarUyi, butK. S 1,470,0 1,830,C 1,261,0 637,3 16,475,0 18,098.0 6,495,9 7,822,5 2.686.3 10.097,0 6,796.2 2.297.2 3,931,0 12,062,9 2,938,0 2,798,6 2,907,4 3,936,7 2.058,6 2,902,0 6,670,8 4,049,6 1,972,0 20,778,0 18,862,7 1,163.1 15,785,0 6,383,0 4,508,0 2,554,0 21,028,6 3,061,8 988,9 422,6 — May. Bftadatuft OtfOtiU. Ltgalt. 11,700,0 9,648,0 6,253,8 7,846,0 1.213.6 2,867,6 1,262,7 3,217,2 1,673,8 SvecU. « t 1,891,1 1,478,5 2,000,0 2,060,0 2,000,0 2,000,0 3,000,0 1,000,0 Phenli. 1,000,0 City 760,0 300,0 Mercbante' Exchange 600,0 Gallatin National 1,000,0 Butchers' & Drovers'. 300,0 Mechanics' & Traders 400,0 200,0 Leatnei Mannfact'rs. 600,0 Beventh National 300,0 State of New York.... 1,200,0 American Exchange.. 5,000,0 6,000,0 Broadway 1,000,0 1,000,0 Pacific 422,7 Republic 1,600,0 460,0 200,0 North America 700,0 Hanover 1,000,0 Irving 600,0 600,0 Nassau 600.0 Market* Fulton 760,0 St. Nicholas 600,0 Shoe & Leather 600,0 Com Exchange 1,000,0 Continental. 1,000,0 300,0 Importers' & Traders' 1,600,0 Park 2,000,0 East River 260,0 Fourth National 3,200,0 Central National 2,000,0 Second National 300,0 Ninth National 750,0 First National ... 600,0 Th^rd National 1,000,0 N. Y. K at'] Exchange 300,0 250,0 New York County 200,C Germ an -A merican 760,0 Chase Nttioual 600,0 Fifth Avenue 100,0 German Exchange 200,0 Germanla.,... 200,0 United States 600,0 300,0 Garfield 200,0 Filth National 160,0 Bank of the Metrop.. 300,0 West Side 200,0 600.0 Sixth National 200,0 Western National 8.600,0 First National,B'klyn 300,0 Bakks. Loanf. Surj>I«M. Bank of New York... ManHatUn Co week ending June (00) i n all cases. omit two ciphers Banku. (00» omitted.) for the [Vol. LIl. (jrand total Value Of exports from Paciac districts for the month of May, 1891 1498,78* «18,961 Willamette, Oregon Oregon, Oregon 315,.338 PugetSound, Washinuton $3,171,890 2,343,809 Total San Krancisco, California f Value of exports from other customs diatricta for the month of May, 1891. »190,56» 118,630 Newport Newa, Va Braios, Texas 11,978 rhicago. Ill S8),985 Richmond, Va 97.98S Detroit, Michigan 11,121,815 46,180 Huron, Michigan Total Dniuth, Minn ... 378.975 NoTB.— This statement Includes about 08 per eent of the entire exports of the articles named from all ports of the country. • i Books Closed. (.Days inclusive.) Wheti Payable. Name of Company. Rallroadu Baltimore & Ohio pref 3 Eastern New Hampshire 50 St'k Evansville &Terre Haute ((juar.) Fitchburg pref Miasourl Pacific (quar.)... Northern Central Oregon B'y & Nav. (quar.) Richmond & Danville Eich. & West Point Ter. pref.. West. pref. (quar.).. Rio Grande Worcester Nashua & Rochester Banks Bank I I II4 ' " . . of America Columbia '.'." Hanover National 2»4 Importers' & Traders' National.. Market & Fulton National.... Mechanics' National National Bank of Commerce .' National Shoe & Leather People's Western National i July 1! ondem. June 3 28 June 19 July July July 15 June 25 July l.^'July 1 July I'June 21 July 151 July 15 July 1 Aug. I'July 1 July 2 June 19 I Franklin Title Gaarantee &. I 1 July 15 July July 10 July 31 to 1 to I'June 18 to JuneSO JuneSO JuneSO 1 JuneSO li to June 21 to July 1 1 June 28 to JuneSO 3 June 26 to July 2 Trust '.'.'.'. July 15 July 7 to July 14 Distill'gA Cattle Feed'g(m'nthly) July 1 Jiine 20 to June 22 Equitable Gas L. of N.Y. (quar.). July 15 July 1 to July 15 Tennessee Coal & Iron pref July 15 'July to Thomson -Houston Electric pref July 1 June 24 to July 1 " In lieu of stock dividend previously announced. — OF Breadstuffs for May, 1881, The fol" ujwing, made up from the statement issued by t le Bureau of Statistics shows the exports of domestic breadstuffs from the under -mentioned customs districts of the United States for the month of May in 1891 and in 1890. fftwatictal OF TUB CITY OF NEW YOKK, No. 1»1 Broadway. $1,000,000 snrplaa&; Profita, $950,000 WILLIAM P. BT. JOHN. President. FREDERICK B. SCHBNCK, Cashier. Capital, - I | JAMES y. LOTT. ACCOUNTS Assiitant Cashier. t!lOL,[ClTED. THIRD NATIONAL BANK OF THE CITY OF NEW YORK. 1 iniBcellaneoua. and THE MERCANTILE NATIONAL BANK 26 to JuneSO June 24 to July 1 Ohlc JuncRy's &Un.8tockTara8. do do pref ExpoBTS ^atiUtiifl 11 June '. (quar.) to to to to to to to to to to to I'June 20 to July to July ll I'June 20 to JuneSO Traat Companies Brooklyn l I $1,000,000 Capital, WOODWARD President HENRY BUCKHODT.. Vice-President Asst.Cashler. B9NRY CHAPIN, JR Cashier J.FRKD'K 8WBASY Accounts solicited and careful attention to the Interests of Deposltora guaranteed. J. B. I I Spencer Trask & Co., BANKERS, Nos, 16 and 18 Broad Street, New York CUT. ALBANY N. Y. SARATOGA, N. Y: PROVIDKNCK, R. TKANS.ICT A GENEKAl. B.VIVKiN<ii BITSIVKSS. 1.: AH classes of Securities Biiuxht an,1 Sold on fly«i to Investment Securities. Dlrtet wire to lOBtoQ and Chicago. Commission. Special attention each office and to Philadelphia JuNB THE GHBONIGLR 30, 1801.] DilM SUtM BoMdf^aoTOTiuiimt booda are tImAy. The closiog prioM at Um N. Y. Bawd tiara faMn aa follow* t IThe JGaukcts' Oiaiiette. ' ^'25 Forditidtnd*tt4pr»nout page. Inltntt Jumt Itriodt m. WALLMTRKBT, KRIDAV, JITNK Iff, IMVl-S P. HI. The Monej Market and Financial Situation.— Tlio ituatiou abroad has further improved by a reduction in the Bank of Enghind rate to 8 [er cent. Our markets during past months have de|iended greatly uiwn the aspect of monetary affairs in Europe, and aa we were depressed by tlie unfavorable conditions we may certainly rejoice n little At tltB same time it is well to remeninaturally be easy in London at tliiH season of the year, and the shadow of the Argentine cloud of 1800 has not yet entirely ]>assed from the London and Continental markets gold shipments are again made from New in the better outlook. money should her that IS. 17. 100 .-Mcb. 4>t«,t8l>l.... 4>M.1«91. .. ,-J»n.|*ll""i ' r. ' * * A A J. J. Jr ..r»if. [J. J. 111 .... . The New York Clearing House banks in their statement of June 13 showed an increase in the reserve held of $3,600,.')00, and a surplus over the required reserve of $10,484,825, against $6,687,600 the previous wees. 1891. Jmie Capital [ Surplus 13. I Differen'sfrom Prev. week. $ 60,773,700 1890. June 1889. June 14. 60.812, 700 15. 80,,762,700 04.366.700 60,196 ,400 54,,801,800 383.034.600 Dec. 3, 201,800 395,114, 800 416, 213,400 Circulation .>,485,700 Inc. 46,000 3,745, 100 3,,i>65.200 3i33,49 .500 Dec. 390,900 404,806, 800 442, 625. .^>00 Ket deposits Specie 60.504,400 Inc. 753.100 76,237 900 7n,,075.300 Legal tenders.... 45,853,300 Inc.2, 946,400, 31,951, 700 46, 184,300 Beserre beld 106,357,700 Ino .3, 699,500 103,189, 600121, 259,600 Legal reserve 95,872,875 Dec. 97,725 101,201, 700 110, 653,375 ' Loans and disc'ts 1 Bnrplns reserve 10.484,825 Inc. 3,797,22 5 6,987.900 10,603.225 The transfers of membership in different Exchanges in New York and other cities have recently been made on the terms given below: 119 ' ; Oh nets Ouiteu offtrtd. purehateil. In our home last bank statement, the Chicago Prevtousljr reportod 4&9.000 Gas settlement, the Missouri Pacific dividend declared, the June 15 " 17 eSg.OOi) break-down in cotton futures and the rise in silver buUirin " 19 560,000 *Local purcbasea certificates have been some of the matters talked about. The 'Total in month to date. silver question obtrudes itself again upon our horizon, and we can hardly expect London or home investors to have a settled * Tlie local puroliaa«a of each weeli francs in silver. 1 momln< boanl no ««i« waa 110 I loada. GoTernment Pnrohaset of Sllrer.—The Oaremiaent parmonth to date are shown in the fol- week. markets the , .14 I >11<|I«' cttaaea of silver in the io wing: this feeling about the future so long as this question of doubt about our currency remains to thrust up its unwelcome head, at times when all other difticultic-' are levelled down to a satisfactory plane for healthy business operations. Tlie opeii market rates for call loans during the week on stock and bond collaterals have ranged from 1 to 4 p. c. the average being 3 p. c. To-day rates on call were 1 to 2J^ p. c. Prime commercial paper is quoted at ^%<S,^% V- c. The Bank of England weekly statement on Tliursday showed an increase in specie of £733,000, and the percentage of reserve to liabilities was 46'07, against 46'06 last week; the discount rate was reduced from 4 to 3 per cent. The Bank of France shows an increase of 10,000,000 francs in gold and of 4,525,000 a 114 i'll9>tM19 J.'MIO *TtiUl* tba prios bid al tba •0 . III .114 J.,Ml<i'«iMI«tiaMlS>t ; York and Boston Ml J.Ml.. •!10 117 11inn -ilMii 100 J.M' 19. t<). 10<> ^»n, Mnuf 117U117>i •! i-i, 411,1907 4t, 1""" 6>, 6«, ! e», c. 6«, our'oy.'tW. 6«. cur'fy.'aa. Jim 'r 100 MOO iMOO -j«iu. Mrb. -100 ,Mt.O MOO -- Prut paid. 3.01».734| «}-9700 » tO-»eiA 320,000' (o-osio • 838.000i M-VSaS • fO-MiS n99,000l •0-Msa ali-ooao 23«,t50; o-mw 3.077.M8O; OOVTOO » $1<MS0 are not reported till Moadajr of the following week. Coins.—The following are the current quotations in gold for various coins: $4 91 '9$4 93 iFlnesllver bars.. - 99>t* I ooi* —93 Napoleons 8 86 * 8 91 IPlvefrano* X X Relohmarks. 4 74 9 4 78 Mexican dollar*.. — 77 25 Pesetas 4 78 « 4 89 Do unoommero'l — — 9 — — 7<» Span. Doubloons. 15 99 919 75 Peruvian sola Mex. Doubloons. 19 50 919 70 English silver.... 4 84 9 4 88 par 9>4 preu.'U.S. trade dollar* —77 Pine gold bars. Sovereigns •—04 9—78 — 9—79 9—79 State and Railroad Bonds.— The sales of Htate Iwods this week include $19,000 Tenn. set. Ss at eO^-aTO; $10,000 Va. 6a def. trust receipts at ~%; $30,000 So. Car. 6j, non-fundable, at iWclSyi; $1,000 So. Car. 6fl, Brown consob, 07. liailroad bonds have l>een a trifle firmer for the popular low-priced issues, but with a very moderate demand. 'Thero are very few bonds that are protected in price by the magnates controlling the respective companies, and hence we see immense properties selling at prices that bonds on realize to the buyer from 6 to 7 per cent, while back of theee there are many millions of stock or income bonds to bonds As to the 4 per bear a.ssessment in case of deficient income. cent mortgage bonds selling in the seventies, they are not so very low on the mere basis of income, since they yield at 75 but on comparison only about 5'3 per cent interest and previous years, on the with the range of hope and expectation that such bonds may possibly reach 90 within a few years, their present prices seem very moderate. Atchison Ist is close at Ti}4 R'o Grande Western. 4s at 76}^ M. K. & T. 4s at 76 Louisville & Nashville Unified 4e at 70 Reading General 4s at 78?4 St. Louis Southweetem Ist 4s at 67J^^ Mobile & Ohio General 4s at M^. Among the low-priced 5s Northern Pacifies sell at 19% ; Oregon Improvement at 661^ U. P. Den. & Gulf about 72>i Oregon Sh. Line & Utah North, consols at 73 Laclede Gas at 74 St. LouLs & Iron Mountain at 88 Texas & Pdcittc Ists at B7)i ; Richmond Terminal 53 at 65. Among the lowest 6s are the Louis. New Albany & Chic, consols .at 03 (last sale) Tenneesee Coal & Iron, Tennessee division, at 88V^ do. Birmingham division (J. & J.), at 04 (last sale) Richmond & West Point : • ; ; ; ; ; ; ; ; ; ; EXCItANOE MEMBERSHIPS. ; June, 1890. June, Exchange. 1891. ; ; NewYoikPtock Exchani^ New York Cousolidatcd Stock & Petroleum Excb. Kew York Pi-oduco Exchange New York Cotton Kxctiauge New York CoBee Kxchauge New York Real Estate Exch. & Auction Boom.. $18,500 225 , Boston Stock E xchanjre PhUadclplila Htock Exchange Chicago Stock ExchauKe Chicago Board of Tra»le * $22,000 425 900 800 600 505 340 500b,550a. 1,200 19,500 *2,500 1,010 1,600 1,3.'J0 19,500 2,500 i.iso Nominal. — Foreign Exchange. The report on sterling almost every day this week has been "dull but firm." There has been no activity in the demand for bills, but rates are firmly held, and on Thursday the talk began of gold exports by Saturday's steamers, and to day $3,500;000 has been engaged; $2')0,000 Bankers' will also l>e sent from Boston. Actual rates are sixty days sterling, 4 8oi^@4 86; demand, 4 ftftU-^ai S«i.< : : cables, 4 88^@4 80. Posted rates of leading bankers are as follows June 19. Prime bankers' sterling bills on London. Prime commerciaV Documentary commercial - Sixty Dayt. Demand. 4 86>i 4 89 4 <H^»4. S4\ 4 84 •« 84>4 9 20<g35 20 &18>e«5 1719 Amsterdam 40>e«40>i« 95>«995>4 95^ 995^8 Frankfort or Bremen (relchmarkslb'nker* Paris bankers (francs) (guilders) bankers Terminal collateral 6s & A.), at 05. by the improved outlook abroad and the firmer prices o^ American stocks in London. After the opening, however, the market was dominated in a large degree bv Chicago Gas, first by free selling on Monday, which carried prices down, and then by a quick recovery with the iinal report on Thursday of sisted a complete settlement of the pending controversy with the city olT Chicago on terms favorable tn the company. The price then went above 55 and closes to day at 54;<. The sporting events of the week have caofed a amaU attendance at the Stock Exchange on some days, and bear rumors have been circulated at times to influence prices; for instance, the report that Louisville & Nashville would pay ita next dividend in scrip (denied by the officers), and the old story that N. Y. & New Englan<l finances were in a l>ad way, which was substantiallv ref ute<l at the meeting of the directors on Thursday, followed bv a rise in the stock to M^, oloains pf)int lower. The Bank of England re<luciog its imt* to-day to 3 per cent was a strong influence on Thursday, aa it is a practical exhibit of greater confidence at London. The market is narrow and dealings limited almi»<t entireir to the few active stocks, but the tone is |>ali«ably lH>ttcr tlian a few weeks ago, as the foreign outlook seems to be so decidedly improved. In the unlisted shares and tru^ttaen hM beea no activity but silver bullion certiiicatee were dealt la more freely yesterday, rising to 00J< and selling acUvaly to- The following were the rates of domestic excnange on New York at the undermentioned cities to-day: Savannah, buying New Orleans, commercial, 40c. par, selling }4 premium per $1,000 premium: bank. |1 00 per $1,000 premium: Charleston, buying par, selling ii premium; 8t. Louis, 00c. per $1,000 day up premium; Chicago, 12^ to 25 cents per $1,000 premium. : (F. Railroad and iHisccllaneons Stocks.- The stock market made a good start early in the week, following the better tone on Saturdav, which was helped by the satisfactory bank statement of that day. The leading speculative favorites among the Western 8tt)cks were fairly active at higher prioea, aa- 1 : to 100^ at the close. THE CHRONICLE. 926 NEW YORK STOCK EXCHANGE—^Or/FB STOCKS [Vol. lit. JUNE for week ending 19, and since JAN. 1, 1891. HIGHEST AND I^OWEST PRICES STOCKS June Active KK. Stocks. AtcWson Toi). Santa Fe 4fe & Pacific ......... Cftii&dian Pacific Canada Soutliern Central of New Jersey Central Pacific Chesapeake & C, vot, tr. cert. Do do l8t pref Atlantic Do do Monday, June 15. Saturday, 2d pref & Alton Chicago Burlington & Quincy. Cliicago & Eastern Illinois pre'Do Chicago Milwaukee & St. Paul. pref. Do Chicago & Northwestern pref. Do Chicago Rock Island & Pacific. Cliicago S238 *4ia *78i2 49% 110 *30 17I2 13. 33ie 51a 33ifl 79 1« 79 *458 June 33=8 514 16. June 32% 3338 •458 •5 7958 80 5I4 171a 49 *28ia 30 '124 126 •29 29 29 30 •124 126 •124 126 8914 9014 89 89% 895s 6514 651a 65% 65% 6519 | Thursday, June 17. 32% 33 14 78% 79% 79 50 Wednesday, 49 49% 49% 491a 110 110% 110% 110 110 •30% 31% •31 31 31 1714 16% 1719 16% 171a 48% 48% 49 49 49 4934 111 31 49 8914 6518 Tuesday, 18. 32% 33% 5% •5 514 79% 80 49% 49% 49% Friday, 19. 3238 5 33% 80,966 5 8C38 1,920 79% 49% 49% 110 110 108% 109 30 127 28% 126 30 126 28 126 28% 31% 31 31% -30% 31% 17 17% 16% 16% 17 48 49% 48 48% 48 88% 89% 65>4 of sales in 1891. Lowest. Shares. 2456 Mar. 10 459 Mar. 19 72ii .Tnn. 6 900 48 ' Mar. 7 1,961 3 06 Jan. 26 100; 29 Feh. 24 1,550 1578 May 19 700 44 Jan. 2 100 Highest. 34=8 Apr. 35 6 Jan. IS 80% Apr. 17 5258 Apr. 27 122% Apr. 28 31% Apr. 30 1978 Feb. 9 54% Feb. 10 105 26% May 20 34% Feb. 10 28 126 88% 89% 8778 89% 65 14 65% 65% 65% 65% 9214 91% 92% 92 92 65% 6438 65% 63% 65% 112% '112% 113 '112% 113 106% 106% 10638 10576 100 Range Week, June 110 125% Sales of the 1 . Mav 12 130 Jan. 5 75% Mar. 7 93% Jan. 14 41% Jan. 3 67% May 1 100 J 23 33,462 1,200 9414 93% 93% X9214 715 83 Jan. 2 97=8 May 1 93% 93% 94 65 64% 6538 6618 64^8 651* 655a 158,2951 .50% Jan. 2 6658 May 1 112^11278 112% 11258 113 11258 1121a 988 105% Jan. 31 113% May 1 IO614 106% 106% lOS'e 1061a 1061a 107 5,190 102% Mar. 9 11158 Apr. 25 133 133 '133 135 '133 135 132 132 *133 134 270 Mar. 18 138% Jan. 12 7254 "fsH 7214 73% 72% 7278 71% 7258 36,9-'6 130 73ia 73 74 73 6338 Mar. 6 8058 May 1 25"4 2514 •24 25 24% 23 25 25% 24% 25 200 22 Mar. 10 29 Apr. 27 Cliicago St. Paul Minn. & Oni. 85 86 80 85 84 86 85 •200 77% Jan. 29 86=8 Apr. 22 85 831a 831a *84ia 851a pref. Do 6258 63% 62% 63 62% 63 6238 63 63 62% 62% 6,852 58% Mar. 7 6678 May 5 631a dere. Cinein. Chic. & St. L. 91 91 •91 91 -91 94 94 94 94 94 Mar. 23 98 Jan. 9 pref. Do "306 91 26'4 261a •26 26% 26 26% 26" "2'6" 26 26% 24 Apr. 10 29% May 6 Columbus Hocking Val. & Tol. •251a 27 128 129 12938 12818 128% 128% 12938 12938 129 129 128 128 845 June 9 13959 Feb. 7 & Hudson 127 J!)elaware 135% 136% 13558 13638 7,465 131 Jan. 2 14038 Feb. 9 135% 136 Delaware Lackawanna &West 135% 135% I3514 13618 135% 136 I6I4 I6I4 I6I4 I7I4 *i6i8 15% 1578 1579 1678 16 15% 16% 2,417 June IS 2038 Jan. 13 1334 Denver iic Kiu Grande 5278 5278 50 5411 541a 50% 49% 50 54 54 50% 50% 2,182 49% June 18 637eJan. 14 Do pref. •6I4 '6I4 -614 6 6 534 6% 6 5% 6% 6% 7 690 JSast Tennessee Va. & Ga 5% June 19 8% Jan. 14 54 60 52 60 52 60 50 60 •54 60 60 , Do Istpref. *54 52 Mar. 16 66 Jan. 14 *14i2 14 *14ia 15 16% 15 16 200 161a Do 14 May 12 19% Jan. 14 2d pref. .M"* iJ"* xl24 125 125 125 125 127% 123 128 123 123 1,610 111% Feb. 5 129 Apr. 2 Eyansville & Terre Haute.... 125 128 •85 85 85 •86 86 •86 87 87 87% 87% 88 871a •Great Northern, pref 72 Jan. £ 92% Apr. 9 '97 93 95 94% 95 96% 97 96 99 96 97% 98 i",435 90 Mar. 9 103% Jan. 14 niiuois Central .. •7% •7% «7ia 9 9 9 9 8% 8 Xowa Central 6% Jan. 10 9% Apr. 21 '23 23 26 26 26 25 25 24% 24% "ibo 20 Jan. 3 30 May 1 Do pref. *23i3 26 1414 14% 14 13% 13% 13% 13% 13% 13% 850 12=9 May 19 15% Feb. 5 133i 13% Xiake Erie & Western 56 57J4 •56 57% 56 56% 56 57 56 57% 57% 57 855 54% Mar. 6 61% Apr. 28 Do pref. 110 11038 IIOI4IIOI4 111 11038 110% 110% 110% 111 109% 109% Xake Shore & Mich. Southern. 3,335 106% Jan. 2 11359 Feb. 9 *93 94 94 94% 94 94 94 94 93% 93% -S3 941a 866 86 Jan. 3 96% Apr. 7 Xong Island 74 7418 741a 74% 72% 73% 72% 73% 72% 73% 72% 73% 71,895 7138 Mar. 7 8238 May 1 iouisviUe & Nashville 2378 24% 2418 2414 2368 24 23% 23% 23% 23% 1,200 18 Mar. 9 29% Apr. 27 24 24 Xouisv. New All). & Chicago.. 10 15 10 15 15 I/Ouisville St. Louis & Texas. *10 5 Mar. 24 18 Jan. 15 i02i4 ib27e IOII4 IOII4 10158 ib'i% •100 101% ibo" 106% Manhattan Elevated, consol. 102 102 1,295 96% Jan. 27 109 Apr. 6 •19% 2013 2038 20 •igifi 20 20% 20% 100 18% Mar. 21 24% Jan. 4 Jrlexioan Central *89" "giii 89 •89 •89% 91 90% 89 16 89% May 13 96 Feb. 3 Michigan Central •891a 91 -70 71 74 71 74 '71 74 •72% 74 73 Milwaukee Lake 8h. & West. •70 70 May 21 93 Jan. 15 '100% 104 •101 104 101 104 '101 104 102 107% Do 98% May IP 111 Jan. 14 i)ref. •lOOia 104 •3% •3% •3% *3ia 4% 4% 4% 4% 5 Minneapolis & St. Louis 5 6% Jan. 10 37b Mar. 18 •8 *8% 9% 10 9% 9 9 9% 9% "ibo 8 Mar. 18 12% Jan. 14 Do pref. 14% 15% 14% 14% M0.K.& Tex., ex 2dm. bends. 1478 l^'s 14% 147e I414 I514 610 11% Mar. 14 16% Apr. 30 *24 23% 24 24 2414 2438 24% 25 24% 24 24 24 Do 1,608 19% Mar. 6 26 May 1 pref. 69I4 69=8 6938 7038 Missouri Pacific 68% 69% 68I4 69% 6858 69% 6858 69% 28,085 60% Jan. 2 73% Apr. 27 •43 42 43% *42 44 42 '42% 44 44 44 42 M:oblle&Ohio 44 225 26 Jan. 2 44% June 3 107% 107% •106 108 •106 108 550 93 Jan. 21 110 May 29 Uashv.Chattunooga&St.Louls •105 108 1077e 10778 108 108 New York Central & Hudson. 100=8 100=8 101 101 100% 100% 100=8 1005e 10058 1C05|, 100% 100% 660 99% May 19 104% Feb. 3 Uew York Chic. & St. Louis . 1338 1338 13% 13% •13 13% •12% 1314 13% 13% -12% 13% 500 11% Jan. 2 1458 Feb. 10 •65 •65 65 68 65 68 65 68 68 Do 68 68 Istpref. *65 57 Jan. 2 70 Jan. 29 •27 29 Do 28% 28% '27 29 29 29% '27 29 "iSo 23 Jan. 2 31% Feb. 10 2d pref. *26ia 29 2014 2038 1978 20 1979 20 1958 1978 20 20 aiew York Lake Erie & West'n 1,975 17% Mar. 7 22% Apr. 28 •50% 53 '50% 53 53 53 53 Do 53 53% 53% 255 48% Jan. 7 56% Apr. 28 pref. *50 3638 3479 3658 24,495 32 Mar. 9 41% Jan. 15 Jfew Y'ork & New England . 34% 3o 34% 3514 34% 35 35 35% 35 Ifew York New Hav. & Hart. *230 240 "230 240 •230 240 •230 240 •230 240 '2-27 237 '226 Mar. 26 271 Feb. 3 Jfew York Ontario & Western 161a 165s 1678 1678 1658 1658 16 16% 16% 1638 16% 16% i'.seo 15% Jan. 2 1334 Mar. 17 •7% 7% New York Susquehan. &West. •714 71a 7% 7% 714 7% 714 714 7% 7% 210 7% June 4 11% Feb. 17 •27% 29 28 29 '28 29 •28 29 '28 29 Do 29 pref. *28 28 June 4 40% Feb. 18 •14% I5I9 •14% 15% '14% 15% •14% I5I4 1434 15% Iforfolk & Western 15% 1338 Mar. 12 1634 Jan. 14 "200 52 52''8 52 52 53 •52 Do 52'8 53 53 53 53 53 pref. 51% May 18 57% Jan. 14 2478 2478 Jf orthern Paotflc 24% 25 24 24 24% 24% 24% 24% 2,085 21% Jan. 2 30 Jan. 14 241a 2468 Do 67Te 68ie 68% 6858 6778 68% 6778 6858 67% 68 6738 6778 13,250 63% Jan. 2 74 Jan. 30 pref. •Ohio & Mississippi •17% 18% 18 19% •18 19 ' 19% 15% Mar. 11 1979 Jan. 17 "15"' "15"' •18M •14" "17 •14 14 17 •14 17 Ohio Southern -14 17 17 "ibo 14 Jan. 2 18 Feb. 7 •71 72 74 •70 74 '70 74 71 74 -Oregon E'y & Navigation Co. '71 74 74 65 Mar. 9 82 Jan. 12 Oregon S-h. Line & Utah North 261a 2714 -26% 27% 26 27 26 27 26% "325 19 Jan. 5 30 Apr. 28 Peoria Decatur & Evansville. •18 18 20 19% •18 20 -is" "20" 18 20 18% 18% 100 14% Jan. 7 22 Apr. 23 Phila. & Read., vot. trust, cert. 3lia 31I2 32 3214 31% 31% 31% 31% •31% 31% 31% 31% 4,450 2838 Mar. 10 33 May 1 16ij -15 Pittsburg Cinu. Chic. & St. L. •15 '15% 1738 161.1 16% •1534 16% -15% 16% 100 12% Jan. 7 1838 Apr. 27 ^" 59% •58 59% •08 pref. •58 59% 58 59% 58 59% 59% 58 48 Jan. 6 6478 Apr. 27 , EiehmondiWestP'tTerniinal 15% 16 16 ]6>4 16 16% 1569 16 1579 16 15% 15% 7,98b 1538 June 9 19% Feb. 7 Do »60ia 70 71 70 71 pref. 71 69 69 69% 69% 830 67% Jan. 2 76% Feb. 10 70 „, •38 Elo Grande Western... 39 40% 40 39% 39% 39 41 110 23 J«n. 2 44 May 1 41 41 *'69" ;.'.!;! Do 71 72 70 72 70 70 pref. 71% 71% 70% 71 340 55% Jan. 2 74% Apr. 30 „ EomeWatert.& Ogdens.-N en '109 110 -109 110 •109% 110 109% 110 109% 110 109 110 109 May 22 114% Apr. 18 St. Louis Alton & T. H.. pref. *125 135 '125 135 •125 135 •125 135 125 135 125 135 120 Jan. 6 122% Jan. 3 Bt. L. Ark & Tex., trust rec. *9ia 11 9% Feb. 26 12% May 23 "69" 64" "69" '64" 69" *65" "id" •64" '69" Bt. Lou. & Sau Fran. ,tst pref. 55 Feb. 16 70 Jan. 16 "32'" "32" •31 -31 St. Paul & Duluth 33 33 31 33 •31 33 •31 33 "ibo 24 Jan. 15 33 June 10 •95 98 97 97 98 '96 *96 pref. '95 98 98 UK) 85 Jan. 5 97 June 12 98 ^ ^Do fit. Paul Minn. & Manitoba 105 103 105 '103 106 6 . *103 200 100 Jan. 2 111 F-eb 103 103 '103 107 •103% 106 Bouthern Pacific Co 32=8 3314 33% 33% 33 '4 33=8 33% 33% 32% 33% 33 3338 2,850 23 Jan. 16 33.% June 15 Texas &Pac!fic *14 1414 143e 1438 1438 14 1418 14 14 5S0 1278 Mar. 10 16% Jin. 14 1414 13% 13% Toledo Ann Arbor & N. Mich •14% 16 15 I514 •14% 15% 16 151a 15ie •I5J4 920 15 June 9 20%Jau. 13 Toledo & Ohio Central 50 50 * 45 Apr. f 61 Jan. 13 60 50 ' 50 50 • Do •76 •76 85 85 85 76 85 76 85 '76 85 78 June 8 88 Feb. 16 pref. *76 Cnion Pacific 4158 Jan. 26 52% Apr. 28 46% 46% 45 451a 4638 4438 4568 45% 453s 36,310 44% 44% 455a Union Pacific Denver & Gulf '181a 19 -19 19% 20% •19 20 19% 1,100 18% June S 24% Jan. 14 Wabash 1078 lllf : 11 11 10% 107g "1038 "1038 "16% "16% 1038 1038 2.885 85? Mar. lOi 11=8 Apr. 25 2318 231s 23=8 24 23% 23% 23 2358' Pief23% 22% 23%. 20,370 1678 Jan. 2 24 June 15 23 ??° .nr, Wheeling & Lake Erie ....... 3538 3614 35% 365, 35% 36 3579 7,200 29% Jan. 2h 37% May 5 35% 3578 3558 35% 35 Do 7513 75T8 7578 76 k pref 76% 76% 7538 7638 7514 76% 74% 7578! 4,320 67% Jan. '- 79% Apr. 27 Wisconsin Central Co........! 1858 19 '18% I914 193, •18% 200 17% June 4 23% Jan. 14 18=8 19% *18 19% 20 iniscellaiieoiis Stocks. American Cotton Oil Co. *22i9 23 Apr. 22 2 29 22% 2358 2314 23%' 23% 23% 2278 23 23 23 1,550; 1579 Jan. •43 -43 43 43 45 43 45 85 33% Jan. 2 53 Apr. 23 P'ef45 43 44% 43 - „ P" ^ Am. Sugar Kef. Co.,tcujp. ctfs. se'e 871s 1183% 88=8 83% 8414 80% 83=8 81% 82% 81% 8I79 16,999 57% Jan. 17 91% Apr. 10 Do pref., temp. ctfs. 9314 93^j X89% 91 90=8 9056 8«% 88%' l,.51f 85 Feb. 27 96 June 9 88% 8»% 8878 S9 •Chicago Gas Co 53''8 5415II4 54 51% 54% 53% 55% 5-1% 55% 53=8 5459199,010 34 Jan. 2 55% Juno 18 ' Colorado Coal & ,. 3514 3514 -3514 355s 700 33 jHn. 2 39% Mar. 16 351a 3558 S5% 35% 35 35% 35% 35% Consolidated Gas Co. . . . *93ia 95 851 93% June 11 9958 Apr. 30 94% 94% 94 94% 93% 93% 93% 93% 947a Distilling & Cattle Feed'gCo 4512 46% 46% 47 48% 47 4638 x45 43% 5,550 41% Feb. 16 49 Jan. 12 46% 46% 40% Edison General Electric *99 102 •99 102 klOO 102 100 102 335 88 Jan. 3;111 Feb. 5 100% 100% 101 101 National Cordage Co lOl^e 102'4 IO2I4 103% 102% 103% 102% 103% 102% 102% 10138 102% 1 T 97.'i 7:l»i Mnr. ll'lOl Mav 27 Do pref 104 104 -103% 105 105 105 103 103%; "i!o90 161 "Feb. 3'lio% Maif 7 103 103 104 103 Jf ational Lead Tnist I8I4 17=8 17% 10,035 17% Jan. 21 21% Jan. 17 1758 1778 181a 18% XI8I4 18%; 18 17% 18 North American Co 1514 1538 •1434 I514 15%! 11% 15'e 147s 15% 15 14% 14% 5,615 1134 Jan. 2; 19% Feb. 13 Oregon Improvement Co *27 -28 '27 15% Jan. 7 32% May 1 29 26 20% 29 281a •26% 29 29 28% PaciticMail 36 14 3678 36% 3733' 36I4 36% '36 2',3b5 31% Jan. 26, 4134 Feb. 26 36% 37 36% 36% 36 Pipe Line Certificates 5 ...!!! Feb. 10 69 69 68 6578 6^38 69%! 6814 69 67% 63 79,000 6578 June IS 81 68% 68% Pullman Palace CarCo... . *lf^O 182 181 183 1*180 183 180 May 14 196% Jan. 14 -180 183 •ISO 183 Silver Bullion Certificates. . 98I4 9iM 97% 98I4! 98 9838 9978 lOil^s' r,i6r,ooo 96% Apr. 22 107% Jan. 15 99% 98M 98% "9's% Tennessee Coal <k Iron •33 31 33% 34I4I 33 33% 33 33% 33% 3338 32% 33% 2,460 32 May IS 39% Jan. 14 Do •88 •83 pref 90 90 87 90 '87 90 400 80 Jan. 6 88 June 16 86% 88 -87 90 Western Union Te graph ...'. 8II2 Rl>4 81581 81 81 81% 80% 81% 4.7611 76 Jan. 2 83 Apr. 30 81% 80% 81% 81 23% 23% . 1 23% 13% 13% 13% 7% 7% 7% 18% 18% 3% 8% Wa 3% 8 8 14% 14% 19% 50% . 14% 25% 15% _ 69% 64" 96 14% „ . 1 42% I . 93% 1 1 ' 1 These are the prices bid and asked ; no sale made. ^ Prices from both Eiehangas. 1 Ex rlglits. x Ex dlvideuj. || Lawost is ex div. June THE CHRUMULK 20, ISSI.J 9M UDSTON. PHILAUELI'MIA AND UALTIJIOKE STOCK EXCHANOBK. 8«lM Active Stock*. H Imllt'iitoa uullHtcd. Mnadny, June 15. Bntiirdju-, Jiiiio 13. Taendiir, Juue Weilnswlaj, June 10. Thiirwliir, Jiiuo 18. 17. H Juue 10. I & S. Fe Allaiilli' * Piic. Atvli. T. Baltimore ii (llonton) AOO 32^ 33 33 >« 100 5 •4'9 •• Ohio '4^ 80 fllall.J.Utit " iHt |>lifrrir(I IdO " 2(1 i>nririiil l(H> Boston .V Alli:niyrBo»toii>. 100 Boston Boston & Lowell Ontral of Miias. A- '• 201 ITS 106 lOOi *13 19 100 " 85 ' .... '.'.'.'.'.'. e4Tg CPAWJ.IOO A W. Mich. rX'o«(oii;.100 Clevc. & Cimtou 100 "'iK «3is 28U 173 ioi 172 195 •18 100 *37ia S8>t 100 89^ 89% I'll' fc 11-0(1 Clilc.Hiir.&Quln. Chic. Mil. ASt.P. 88 5 '.'.'.'.'.'. iOO •172 1<K> " Mnino 80 •130 SS •130 33% 33 >4 SSIr 8 174 196 19 37 87 89>a e5>9 eo>8 6a>8 131 m>i '• '.'.'.'.'. '.'.'.'.'.'. " lOO '20 " FltchlxiiKinrt. 100 78 FI. it Pert) Marq. '• 100 " Pr(>fciTcd lOO 73 Hunt. A Hr. Top. (Ph ila). 50 21 5b " Prefcneil to •4718 " I^hleh Viillcy 50 47 Maine I'ciitiol fltoslonJ.lQO " Mexicnn Central 19^ 100 " H. Y. N. Eug. 100 347a " Preferred 100 1)9% Northern Central (Bull.). 50 Northern Paulflo (Pliila.).lOO 24>D " Preferred 100 67'8 Old Colony 164 ( lioslnn). 100 PennHvlvania.. (I'liila.). 50 50 Phlhulel. * Erie. " 80 " Phlla.>tUeiuling 50 15ia„ Buminit Dranoh (Boston). 60 5 '• Union I'aellie 100 4G 78 2408 4714 47 21% 24% 47H) 47'« 47 140 20 IU'8 3478 34''8 A.- 78>« •4714 19% 09% 100 24% "ii'ia 68»« e3<4 164 50 le 29 35I8 100 05 05 300 24% ISI* 46% 467; 714 7'4 x83>a 8458 *7 mucellancniiM Stocks. Am.SuK'rKeUn.UfBostod;... ;93% 871-1 " *90 Preferred 90 '• Bell Telephone.. 100 199% 200 Bost. «fe IVloutana " 43% 43% 25 But lc& Boston.. " 15 13 23 Cahinict A Ucela " 25 >248 250 Canton Co (Ball.).lOO 53 "45' " Consolidated Gas 43 KJO Erie T elephone fBoslonJAOO 48 48 Lain.'<ou Store Ser. " 16 16 50 Lehi"h('()al\-Nav ThU / 50 4618 4618 N.EiiK. Telephone ^/J'i»<'iO 100 50 50 North Aiuericau. fPhil.J.Um *13i4..-. 42i58 Thonison-H'nEl. %(Bosl'n) 25 42 " Preferred. 25=8 2558 25 .n 20I4 20% West End Land.. " * Bid and aaked prices; uo sale was k 637, es 77>i( 72 74 75 23 75 25 74 78 •5% •8% •47 78 Ti'14 47 47 >s 24>ii *40<4 47 47 l?"* 4(17g 10>« 63% 24% 24% 2t% 50 68 50 Kj 29 1578 50 >s 80 >e 30 •I5«i •163'« 80>8 7-4 8378 8378 13>a 46>« 52 1514 IS^ 43 44 2519 25% 21 mado. 21=8 *35 '45 4314 17 46'i •oO 1478 •7 2l>4 7>4 44>s •5% '225 •7 81% '53 *44Hi •43 'leij 40 17 46 >4 46>ji MH, 200 253 60 45 40 15 15>4 •44% 487g dlv. X KX 41 44 2558 255a 21% 21i(. H 42 3,635 143 222 1479 44 88% .Ian. 181% Mar. 67 15 Mar. 30 June 19. ' 5 11 20 » 31 Jan. 14. Mar. 81 Jaue 9- Jan. 14 53 May 10% Feb. 17 Jan. 81 Jan. •Apr. 2> Feb. 10- 5 49 26 13% June 9 24% & lEx rUbU. aton. Penna. Consel. 1 13 2S- 24 2 Bonds. 60 1» Mar. 81 Jan. 9- 600 716 632 23 ! Bid. 1019, Var! •• Water Power 100 2% 258 Collat. Tr. 4% g rjl3.JitI) Atlanta & Charlotte (£a//.).10O " 94 96 Westinghouse Elec.1I 50. 13 13% Pa. AN. V. Canal,7»...I90(j. JAU Boston Jt Provldcuee (//o»(oK).100i '253 Con»ol.38 I03y, aAO Bonds.— Boston.— Camden (fcAtanliepf. (Phllu.) 501 30 At.Toi>.Jc.3.K.I0()-yr. lg.,1980. J&J § 77% 7778 Perklomen, 1st 8cr.,5». 1013, y-J Catawissa " 8% 100-year income g., l»80.8ept. 5 47% 47% PliUa.<&£riegen.M.5g.,l!)20, AM) 50 1st preferred " 50. Gen. mort., 4 g 1U20, AAO 56 56% Burl. & Mo. Klver Exempt 6«, J&J §112%' 2d preferred 1018. J*J {101%; Phila .& K«'ad. new 4 g., IdOM. J4J " 55% Non-exempt 68 50 Central Ohio Plain 4s 1910, J&J { Istpref. Income, 5 g, 1053, F'eb 1 50% 51 (Ball.). 50 " Charl. Col. & AuBusta 97 98 2d pief. income, 5 g, 1953, Feb. 1' Chic. Burl. & Nor. l«t5,10-26, A.tO 100; Conueetieut & Pass. (Bos/on). 100! 1913, JAD 99 101 3d pref. income, 3 g, 1933. Feb. 11 2d mort. 68 •' 1M93, A&O 00%' Couneeticnt River... 1 39(i, JAU Debenture 6s 2d, 78 100 218 Delaware &. lioiiiid Br. (P/i Ja.) . 100 85 Con.soI. mort. 78 1911, J&U Chic. Burl.AQuincy 4s.. 1922, FAA 88 1919, AAO SO Consol. mort. 6 g 191 1, JAU Har.Port':..Mt..Iov.tL. " 80 p Iowa Uivision 4s 50 t .)s, 1021, luzi, J&D Kan. C'y I't.s.&.Mem. (Boston). 100 umc.ctw.Micu. W.Mich, gen. .->s, j&u J 03% 04% Improvement M.O g., Chic.A g. 1807, AAO " Con. M.,5 g..Btampcd,10.;2.MA.V, K.C'yFt.8. itGulf pf. Consol. of Vermont. Js. '913, J&J S 88 lOOj "" Phil. WUni.i Bait., 48.1917, AAO| K. City Mem. & Birm. " Current River, 1st. 5s.. 1027, AAO 100 Little Sehuylldll ... 106% Pitts. C. & St. I», 78....1900. FJtA; Det. Lans.ANor'n M.7b. l!)07.J(tJ 68 (PhUa.). 501 Po'keepsie Bridge, 6 g. 1936, FAA Maiiehester .k Law.. [Bosloii) .100 I sstcni 1st mort. (i g., 1906, MAS $121 8chuvl.R.E.f-ide,l8t3g.l9:Jj,JAU MaryhNid Central. ... Free.Elk.AM.V.,l8t,69.1933,AA0 6.... (Bull.) 50 Prices of 38. 29- .•lur. Mar Feb. » tS 1» .14 > 3 4.4301 1» .,• 50 Jau. li% Jan. 41 June IS- \-.r. I 1| Bo ••» 1 ll'<4 2031 46 44 in Juue June '- 25% 23% 205s 21% H oliday Feb. Jan. Feb. 11 Jan. 14 >.. Jan. 2 116% Jan. I' 66% reb. 2 291% Jan. 2 74 Feb. n 103% Apr. II) 53 Apr. 10 3 J Feb. 10 17',. .May 5 H\ Jao. 26 5'J% Apr. H 230 Feb. Hi reb. 4 :. Jan. J 1.295 3i«% Jau. 1,110. 13% Jan. 2 17 91 246 Jan. 3 2 30 44% Jan. 27 53 20 44% Juue 4 49 3 50% 131>, 4358 Jan. 4g7g •1458 4% 4 221% 130i 7% Ask. Bid. Inactive stocks. Tliom.Europ.E.WeldTl (Boston) 100 2,653 46% 46% 15>8 dlv. 14% Mar. 8178 53 May .Mnr. 3,033, 200| 201% •50 Juue 2H ' •16% 1479 21'4 Lowest Is ox 70 103 4,734| 4959 7% 67 45 . «;ru June l,713i 21% Juu, 8,000 63»» Juu. 226 254 46 Hi 47 52 18 3J% .M (r. 06% June 24 44% 44% 15% 15% •50 52 17% 8.761 1,3.53> 15% •55 Apr. 23 JuMlf Mar $ Feb. i 't 140 W» 101 252 •\ • 874i 45', 44% 43% 44Hi 15>« U>^ 251 43I3 43>2 2558 255s J 15«» .1 .1 2,M55 29 223 87 4678 50% 80% 81 82 89 >a 90 200 201 •55 •4t>« 820 17% 6 4^% 184 50<4 71% '276, 24% 24% 67% 677, '44% "44% 15>D 250 57 09 20 •7 I •63% 61% 1878 13Uiel5iJ|, 2 25" 7'4 33% 33 le 311 "4 100-% 10 IHt 65 83% 34% 24 Hi 24 >« «8i| 6778 08 • 1 MO'tllS 3 .-(r. J»n. __ 10 172% Jimp I7.l-(3% r<*. m «5 IHi May l,2U(i% r«b. It tan. 2u% Jan. :ui. 2 4U r«». Mar. 7 98% Jan.^;i 10,<I>^ Kl Jan. 3 (M% May 1 41 Mar. 13 51 Jaru 9 10 > 8 Mar. 1 7 Jan. 6 Mnr. 14 2i May 33 100! 17 362 72 June IM M3% Jan. 5 Mnr. I'l .'<l% A in-. 2S ll> 19% 20% 19 3A Apr. M»r. lol 34% 24% 47% •47 401% •140 140 S47g 3479 100>4 lOlH, 2.10 16 4<;>s •24 47 00% 200% 44% 44% 201 4378 44 15 16 230 250 •56 58 45 45 •50 34% 47 47 90 200 200 *4S 16 24>a 19% 19% 75 • 34% i 6 '10 •iO 47>s 223 Ask. Bid. Inactive Stocks. *18«i Bli 10 Xar. Jan. Jan. Jan. 1U0|I27 iia 87% 37% 88 80% 20 >4 vlar. 85 *130 •116 110 301 201 •173'9 105% too 63<a 2014 76'a 68% f/»WMl. »»i4 4'» 80 68 >« l'51»,'i 224% 224% 2241a United Cos.of N.J.r;»Ai7rt.J 100 WostcrnN.Y.&Par/'AiV<(.>.100 8H7« 6«>a 68 eii^ *'• . • 10 S8l9 38 67 'a 68 Hi 1641s 164 164 29 1578 16 40 <« aui 178 106 178 196 10319 197 •18 10 •87 38>« 69 8958 04 56% 50% 15'8 5 8 •2^ •17 73i« 73 6 88 "a •20 22 77'9 77% S3>4 85 181 200 175 Cliic. Prcftriisl 3i% Baao«fMlMl*tMl. Wavk, Hbnim, .'>g, r . 111 105 117 :118 I . .") 1 io-J" 110% 1 ' | i J I ( ( 1 I "07 Hill & ti. Haven (Phila.). 50 NesquelioninKVal " 50. NortlieniN. 11 (Bo«<o)i).100 North Peuii«ylvauitt. (Phila.). 50| Oreitcin short Llne...ri<<«iton;.100j ParkorsbnrK (Ball.) 50' Pennsylvania .feN.W. (Pliila.) 50 Ealei^h ,fc Gaston (Balt.)lOO Kutlaud (£o«ton).10O! Preferred 100 Seaboard A Roanoke. (Ba«.) 100 • l8t prefemjd 100 West End ABoslon). 50 " Preferred 50. West Jersey {PhUa.). 50 50i '• West Jersey & At!an. Western Maryland.. (Ball.). 50 " Wiliu. Col. & Augusta 100 " Wiimiut.'t'n,fc Weldon 100, Wisconsin Central... (Boston). 100 •' Preferred 100 Worc'et.Nash.&Roch. " 100, MIKCKLLANEOCS. AUoncz Mining (Ifosfon). 25 " Atlantic UiuiuK 25 City Passenger RK... (Ball.). 25] Mine 54% K.C.C.A8pring.,lst,.''>g.,1925,A40{ K. C. F. S. A M. con. Gs, 1928, { K.C. Mem. A Bir.,1 81,59,1027, MAS 5 K.C.St. Jo. AC. B., 78..1907'. JAJS MAN 138 80% 80% 25% 26% L. State Cas (Boslon). 50| " 101 " Centennial Mining... lOi " Fort Wayne EleetrieU 25! " Franl;liii Miuing 23| Boston Loud RockAFt. 8., lst,78..1»03,JAJ 5 ' 106 89 ; lAtlanU(JcCnarl., Income 08 03 i , ' i ' I 12 108 115 19 . i! , 30 16 I . 102 123 1 19% 45 127 . 3% 3% 16 1 75" 70 20 "15" I 100% OS I 41 116 40 103% <«. *' 5 | 6 C* 16 12 12% 18%; 10 4% 5 Eliulr. A Wllm..I«t.6«.191o, ' I !!."!.' io8% 10J% 103 114% 113% 116 1 I I I I ; : t .117 110%111>« ;;i"!lioi" 100 113 117 113 1115% I1I8 '.••~^, 116 ;i>3% ..>.-. ..1% ^U6>4 '<( Last pric* tbis.week lift I 1 And accrued luteieat. |103 96"; 07** 90 100 99 M>» 90 00% ' MAN , i . 93% 99 104 u— 30 I fJj^UtAii, , ,, 1907, .^U' 120%' 121 looo, AAO, 1U3>» 113 MISCELLANEOUS. JAJ. .„ „,„ 1900, Uall6s. 101% Baltimore—City " Hunt. ABr'dTop,Cou.3s.'95,AAO Huron .Mining 25 2% Fund(n»t6s Illinois Steelli Lehigh Nav. 4 %» 1914, o-J 107 " 100 68 .•••^SSJ^TTi We.l JlaryrdBB.6s..l90--',JaJ 1H97,/AU 109% " 25' 2d6s,goia Kear.sarge Mining 13 14 MAN 1016. M(»N, Water 5s 5s: 100 Morrii^c anal guar. 4. (Phila.) .100 I 78 Generalmort. 4%s, g.l024.U-F| 1916, MAN Funding 5s Preferred guar. 10 '• Lehigh VaUey, Ut Os... 1^93, JAU 110% 111% 100 I lOiW.JAJi Exchange 3%s.. Osceola Mining. ....... (Boston). 251 38%, 80% M^n 1910, MAH 131 Chesapeake Qas. 6« 124 Pewabic .Mining " Consol.0 1923. JAU 25! JiW--;-*;? 103% lOlo JAU 112% Pullman Palace Car.. " 100 i82" is3" North Penn. lat, 7s....l3!)«, MAN 112% 113% Consol. Gas, 6s 09 1939. JAJ .'».... Quiucy .Mining " 1003, JAJI 1J5% Gen. M. 78 25 105 110 ll>3 «» Lqnltalde (.as '•': 120 Tainaraek .Mining " iPennsylvanlBgen.Os, r,.1910, Var 185 251 V \'i'i 1032. JAJ 64% Virglnhn81..tf>3s.iie%» 121% HH>3. Var Thoms'iii;iec.We!'.l'r» " Consol. 0«,c lOO' Freiiehin'irsBayL'nd 10-J .1 1 57% ' Ut Baltimore A Ohio 4g., 1<.I35, AAO Loul3.,Ev.ASt.L.,l8t,6g.l926,.'.A0 5 1036, AAO S Pitts. A Conn., 5 g...l023, F4A 2m., 2-6 g 1923, AA06 Staten Island. 2d, o g. 1926, J A J Mar. H. A Out., 68 1923, JAU BaLAObio S.W,.l8t,4%x.lOOO, JAJ Exton. 68..... ,CapeF.AYad.,Ber.A.,6g.l0l6, JAU 71 Mexican Central, 4 e... loll, JAJ 1916,JAU ]' U«rlesB.,6ic 1 St consol incomes, 3 g, nou-cniu. 37 11 1916, JAU, Series C, eg 2d consol. incomes, 3s, non-cum., 1930, .MA8' Cent.Ohlo,4%t N. Y. A N.Eng., Ist, 78, 1!K)5, JAjl(ll-% 110 Chart. Col.AAug. 1st 78.1393, JAJ. 1905, JAJiJllO ,112 l8tuorl:. 68 1902, FAA {100 Ga.Car. ANor. I8t5g..l929. JAJ 2d mort. 68... 1000. JAJ North. Cent. 6s 90 2d mort., scaled, 58. . 1902. i'AA 1004,JAJ Os Ogdeii. A L. C.,Con.O«.1920,AAOS 19^26,JAJ: Series A, 58 1920 Inc. 68 1025, AAO, 19i:2, -HAN 4%s Rutland, l8t, 68 Oxf.ACIarK.JnUgu.,0 g.l037.MAN lS9s, FAA jioo' 2d, 5s Pledm.ACum.,l8t. 5g.l911, FAAI thia. Sonds.- Pj)il^4«l Pitts. A Connells. 1st 78 . 1 898, JAJ eny Val.,7 3 10s. 13it5, JAJ 110% Atlantic City Ist 5s, g., 191!», M*.V 103% 103% Virginia Mid., Ist Us.. .1906. MAS 1911 MA« 2aSeries.68 Belvidere Uel., l.Ht,ti»..l!MJ2. J&U 112 lol-"-SdSeries, 6s lyoo, FA.\ 117 Catawissa, M., 7» 19Series, -3^-5a..... Char. CIn.A Chic.lst 5g, 1047, J .... '....^i 4th lo5th8eriea.8s 120 Clearfield AJeff.,l«t.6«. 1927, JAJ west Va. P. 1st, 6 g. lu i ... —. llHKi 04. MA.x 1116 Connecting. 6« West'l V.C. OonsoL 6 g.lOl4, JjtJ, Del. A B'd Br'k, Ist, 7e.l'.i()... FAA t EastonAAui. lstM.,.5>.l!>'.'(i. 107% 108 WUni. Cul. A Aug.. 6s.. 1910. JAU , 80 83 113% 104 Bonds.— Bilt'morex I 3 65 !»7% I 126 8teuben.AInd.,lstm.,5s.I914,JAJ 103% 1394. AAO 105 UnltedN. J.,6g Warren A Frank. ,l«t,7«,l396,FAA' 106 I , Bay 116 Unstampedlst, 6s....l933,AAO,4 67 66 27 106% { lli% 134% 101% 104>* 113 100 106 6a»» THE CHRONICLE. 928 :NEW YORK STOCK EXCHANftE PRICES lOlos'ng , Bailboad aud Miscel. Price -Bourns. Inter" sl\ J & J 791s At.Top.&8.F.— 100-yr.,4g.l989 -"n« 47 "a 1989 Sept. 100-year income, .5 g 1114b. Atl. & Pae.— W.D. Inc., 68.1910 1937 J & J 72 b, Guaranteed, 4 g IIII2 A & O Brookl'n Elevat'd 1st, 6, g. 1924 Can. South.— Ist guar., 58 1908 J & Jl 105^b 1913 M & Si 96 2d, 5s Central of N. J.— Cons., 7s. 1899 Q-J 116a. n! 1902 Consol., 78 General mortgage, 5 g..l987 J & J 10919 M& leli.&W.B.,con.,78,as'd.l900 Q-M 10938b. 1912 M & N do. mortgage, 5s Am. Dock & Imp , — \Penod. J'ne 19 \' M & J & J & J & A & J 1913 M &N Debenture, 58 1922 F & A Denver Division, 4s Nebraska Extension, 4s. 1927 M &N Chic. & E. 111.— Ist,s.f.,6s.l907 J <& D 1934 A & O Consol., 6g General consol. Ist, 58. .1937 M & N Chic. Gas L. &C.— Ist,5g.l937 J & J Chic Mil. & St. P.— Con. 78. 1905 J & J & 1st, Southwest Dlv., 68.1909 & Ist, So.Mln. Dlv., 68. ...1910 & l8t,Ch.&Pac.W.Div., 53.1921 E.&A. Div.,l8tcon..4g.l989|J do l8teon.,2-4g.l989|J do 2dcon., 4g...l989 J 1911 F Ches. O. & So. W.— 6 g Chic. Burl. & Q.— Con., 78.1903 J Chic. &Mo.Riv.Div., 5s. 1926 Wis. & Minn. Div., 5 g..l921 Terminal, 5 g 1914 Gen. M., 4g., series A... 1989 MUw.A North.— M.L., 68. 1910 & & 1st, con., 68 1913 l-F Chic. &N.W.— Consol., 7s. .1915 Coupon, gold, 7s 1902- &- l929iA & O Sinking fund, 68 1929IA & O Sinking fund, os & N Sinkiug fund deben., 58.1933 & N 25-year debenture, 5 1909 D D D M M 67 i Mar. 38% Mar. 120 107 8OI2 Apr. 53 Jan. Jan. Jan. Jan. Feb. Feb. May 123 Jan. Ill's 108% June Railhoad and Highest. 11 Mar. 14 7012 .May 75 log's Apr. I1214 104 June IO714 95i<3 Jan. 100 115 Jan. 118 US b. 941s 12312b. 11212b. 106 9712b. 102 b. 101 %b. 85 a. 134 122 113 b. a. IO6I4 103 a. 1938 J &D May Jan. May 100 12 Feb. 71i2Feb. Jan. 6712 June 73 Feb. Jan. 114 June May 123 Jan. June IO212 Apr. June 95 Jan. May 88% Jan. Jan. liar's Ai)r. Apr. 121 Jan. Jan. 100 Apr. 8312 Jan. 92 la Apr. 120 Jan. 12512 B'eb. 110 Jan. 112 14 Apr. 110 Jan. 114 Feb. 104 Jan. 10738 May 9412 Apr. 98 Jau. 101 Jan. 103 Jan. 100 Mar. 1031a AiJr. 83 12 June 87 Feb. 107i«Jan. 112 Feb. 107 Jan. 112 Apr. 134 June 139% Apr. 121 June 127% Feb. 114i2May 115 Feb. 105 Jan. IO8I4 Feb. 103 May 109 Feb. 1041a Jan. 105% Apr. 94 May 100 Jan. 94 June IOOI2 Jan. 122 June I2714 Feb. 95 14 Mar. 9912 Jan. 100 Feb. 103 May II314 June 119 Jau. 86I2 Apr. 9112 Jl ay 129 Jan. 132 Feb. Lowest. & N lOO'sb. 100% May llOSkMar. & J. 126 b 12512 Juno I2714 Apr. & I0412 JuneillO s; 90 Oi I 1 | I 1 126% Jai'. tr. rcc.1909 Gen'16g.,Tr. rec. ass't'd.l921 54 b. 55 May IIO6 b. 103 Jan. So.Car.- 1st, 6 g.,excoup.l920 22 a. 13 Jan. Income,68 1931 ...101%Feb. 80. Pac, Ariz.— 6 g 1909-10|J & Jl So. Pacitlc, Cal.— 6 g....l905-12iA & O 112%b. 109% Apr. 09 Jan 1st, consol., gold,"5 g 1938 A & O 9914 10214 Jai. 1911 J & J' 80. PacWc, N.M.-6g 86 Jan. Tenu.C. I.&Ry.— Teu.D.,l8t,6g A & O 88% Birm.Div.. 6g 1917 J & J' 91 b. 92 May 85% Jan. Tex. & Pac— 1st, 5 g 2000 J & Dl 87 14 2914 Mar. 2d, income, 5 g 2000 March.! 32% 1924' M «fc N 91 a. 93 Jan. Tol. A. A. & N. M.— 6 g Jau. Tol.A. A. &Gr. Tr.— 6k....1921'J & JIIO6 b. 104 lO'.'Ss 103 Jan & J b. Tol. & Ohio Ceut.—5 g J 1935 1917 J & Jl 73 b. 73% May Tol. Peo. & West.— 4 g dI June L. & Kan. & 83%b, St. 1916 J 80% Tol. 6 g.. Union Pacitlc— 6 g 1899 J <& J 113i4b.'lll%May Mar. 108 b. 107 Slnkinefund. 8s M ife 8 1893 Collat.'tni.-5t 4% 1918 M & Ni 60 b.i 69 Feb. KansasPaciUc- 1st, 6g..l895 F & A 107 b.' 107% May let,6g 1896J & D'107 b.'l08 Mar. DenverDlv.- 6 g 1899 M & N 1 10 b.jl09%May lstcou.sol.,6 g 1919M & N 106% IO6I4 June Oregon Short Line— 6 g.. 1922 F & AlOl b.|lOO Mar 73 Mar. Or.S.L.&Ut'hN.- Con.5g.l919 A & 0[ 73 U.P.Den.& Gulf con. 5 g.l939 J & D 71%b. 71% .Tune 1937 M ,fe N'l0758 106 Jan. Union Elevated— 6 g 80 June VirginiaMld.- Gen. m.,5s, 1936 M & Nl 82 do stamped guar. M & N 84%b. 83 Jan. Ni 96% May 97% 1939 M & iWabash— 1st, 5 g 70 Feb. 75 1939. F 2d mortgage, 5 g 35 b. 27 Miiy 1 939 J Debent. M. series B J 10214b. 100 Jan. 2361 J West Shore— Guar.. 4a 99 b. 96 Jan. West. N. Y. & Pa.— 1st, 5 g. 1937 J 27% June 1927 A 27% 2d mort., 3g., 5sc 98 Jan. 99 iWest. Un. Tel.—Col. tr., 53.1938 J 91 May 1937 J Wis. Cent. Co.— l8t, 5g 42 a. 34% Jan. 1937.. Income, 5 c 8hen. Val.-lst,7g., 1 1 b. J& M& M& M M M& ! M H& C— ' , : I .sales only. * Bid. 1906 Class B, 5s 1906 Class C, 4s 1906 Currency funding 4s 1920 Arkansas— 6s,fund.Hol. 1 899-1900 do. Non-Holford 78, Arkansas Central KR ... Louisiana— 7s, cons 1914 Stamped 48 MlBSOurl- Fund to 5 86 1894-1 895 104 SECURITIES. Ask. 103 New York— 6s, loan North Carolina Funding act New bonds, 6** Bid. old 103% May 114 Mar. 101% Mar. 104 94 Apr. Jan. 96% Jan. 90% Apr. 33 14 Jan. 99% Feb. 108 Apr. 107% Jan. 77 Jan. 91 Jan. 114% Mar. 111% Feb. 74 Apr. Jan. HI 109»6 May llli4Mar. 111% Apr 106% Jan. 80% 82 Ill 89% 90 102 Feb. Jan. Apr. Feb. Feb. Feb. Jan. 77% 35% Apr 103 Jan. 101 Feb. 35 '8 Feb. 100% Apr. 97 45 Jan. Jan. Bid. Tennes9ee-63, old .T&J 1892-1898 1812 1913 1913 1913 Comi romise, 3 4-5 69 1900 New 5s 3s settlement, 68 "69% Consolidated 4s 90 Ask. 8.C. (cent.)- Brown consol.Os. 1893 ...1892-1898 1910 6s 1919 Rhode Island—68, cou.. 1893-1894 .South Carolina— 69, non-fund.1888 61 14 Jan. Feb. Apr. 19. SECURITIES. Ask. 1893 J. <t J. 133% Apr. 107 27 Latest price this week. NEW YORK STOCK EXCHANGE PRICES.—-SIUr£ BONDS JUNE SECURITIES. Jan. May 123 Mar, 89% June 95% Jan. 118 19 n' . 1 Alabama— Class A, 4 1891 Bighest. | & J, 113% 111 Jan. 115 Apr. & j;125 b. 127% Jan. 133 Jan. & A 108 b. 108 Feb. 109% June M & 8 134 b. 133 Jan 137% Feb. J & D, 103 14b. 103 June 10712 Apr. A & O 118 b. 115 Jan. 118i4May J & d! 97 96 June 10278 Apr. M & 8 llliflb. 110 Mar. 115 Feb. J & Di 91 b. 90 June 97 12 Aim J 98 b. 94 Jiir '100i4Feb. & O lllisMav ill5i2l<'eb. & J: 93 88 June IOOI2 Feb. & JillOia 113 JiU. 117% Apr. IIII4 109 May 114i4Mar. & O & Dll07T8b. 106'8June 113i4Feb. 78 June Jan. & D 79% il09 M & 8 IO3I2 103 Apr. 1.857e Feb. J & J; 105 Jan. |110 Mar. J & J llOia 110 May 112 Feb. J & Jjlll a. 111 Mr. !H2 May J & D'l03 a. 10212 June HO Mar. 63 Feb. M &N| 55 J J & J 53 Jan. 58% Jan. J & D 981-, 90 Jau. 103% Feb. 74 Feb. A & O 6616 651s May J & J 110 a. 107% Jau. 110 May J ADl 92 Jan. 100% Mar. J & J, 104 a. 104 May 106 Jan. J & J 100 .Tan. 109% May M & S 101 b. 93 J in. 103 Feb. 74'8 Apr. 1926 M & N 68 b. 66 Jan. 2d mort.,5g Peoria & East.— Cons., 4s. 1940 A & O 4 74 June 80 Feb. Income, 4s 16 June 22 Jan. 1990 April. 22 7' laMay 82 Feb. Phila. & Read.- Gen., 4 g.l958 J & J 78% 5238 1st pref Income, 5 g 1958 Feb. 47% Mar. 58 Jan. 2d pref. income, 5 g 37% 32 Mar. 38''8 May 1958 Feb. 30 Jan. 29 b. 2514 Mar. 3d pref. iuconie, 5 g 1958 Feb. Pittsburg & Western— 4 g.l917 J & J 7914 75% Jan. 81 Feb. Klch &Danv.— Con., 6g..l915 J & J,112l2 112% June 118 Jan. 91% Jan. Consol. ,5 g 1936: A & O 8312a. 80 June Klch.&W.P.Ter.-Trust,6g.l897!F & a! 94i4b.l 93 May 100% Jan. Con. l8t&col.trust,5g.l914|M & 8 65 63% June 73 Feb. 77% Feb. 74 Jan. Rio G. Western— 1st, 4 g..l939lj & J 76% B. W. &Ogd.— Con., 5S-...1922IA & O 108 105 Jan. 1 4 Mar. 92% Jan. St. Jo. & Gr. Island— 6 g..l925lM & N' 8414 Mar. 82% Jan. 11034 Mar. St. L. Alt. &T. H.— 1st, 78. 1894; J & J1108 b. 110 107 Jan, pref., Ai May 2d 78 1894 F & 104 Jan. St. L. &IronMt— l8t7s...l892lF & A 1035sa. 101% Feb. 105 108% Apr. N:i03%b. 104% May 2d,7e 1897iM & CalroArk. &Te.xas, 7g..l897 J & DI 103% Jan. IO714 May 93% Jan. Gen. R'y &landgr.,5g..l93llA & 0\ 86%!). 31 May St.L. &8an Fr.— 6 g.,Cl.A.1906|:.I & NilO' 108 June 112% Apr. 6g.,ClassB 1906 M & N,107 b.i 106% June ,113% Apr. 6 g.. Class C 1906,M&N107 b.'l07 Juno 1 14 Apr. General mort., 6 g 193l!j & Jil03i4b.il03i4 June !110 Jan. 67 June 67% June 8t. L.So.We8t.— 1st, 49,g..lS)89 M & Nj 67% 28 June 8% June 2d. 48, g., income 1989 J & J; 28% S.P.M.&M.— Dak. Ex.,6g.l910iM& N 114%a.'ll4 May lis Jan. 1933IJ & Jill5%a.ll4 Mar. 117 Feb. 1st consol., 6 g do reduced to4%g...!j & J, ,100 Mar. 102% Feb. 87% May MontanaExtension, 4g.l937 J & DL Jap. 74 Feb. SanA.& Aran.P.— lst,6g.l916:J & Jl. Jfti'. 73% Feb. 1926IJ & Jl 65 n. Jan. 1st, 6 g 8212 Jan. 781s Jan. Kings Co. El.— l8t, 5 g....l925 & J 100 b, 97 1« Apr. lOOiaMay 71I2 June 8212 Jan. Laclede Gas— 1st, 5 g 1919 Q-F 74 Lake Erie & West.— 5 g ] 937'J & J 108 1051a Jan. 109T8 Jan. L. Shore— Con. cp., 1st, 78.1900)J & J 122 b. 12012 Jan. 122% Jan. Consol. coup., 2d, 78 1903 J & d; 118 b. 121% June 124 Jan. Ix)ng Isl'd- 1 St, con., 5 g..l931 Q-J 110%Jan. II5I2 Mar. General mortgage, 4 p. .1938!J & D| 90 a. 88 June 92I2 Jan. Louis. & Nash.— Cons., 78.1898 A Sl 11114a. 111 June 11558 Mar. N.O. &Mob. 1st, 6g 116i2b 114 Jau. 118 Feb. 1930 3 & do. 2d, 6g 1930 J & lOS b '1O6 Mar. 112 June E. H. &N. Ist, 6g 1919 J & llll June 113i4Apr. General, 6 ., 1930 II213 May g 1121s Juno 117 Collateral trust, 5 g I931iM & 99 b. 98 June 1031a Feb. Louis. N.A. & Cb.— 1st, 68.1910 J 108 b. 101 Mar. Ill Jan. Consol., 6 g 1918 A & 84 Mar. 98 Apr. Louis. St. L. & Texas— 6 g.l917 F & 80 a. 78 Jan. 88 Jan. Metro. Elevated— 1st, 6 g. 1908 J & I1412 lllSs Jan. 115 Feb. 2d,68 1899 10314b. 103 June 108 Apr. Mich. Cent.— lst,con., 78. .1902 118iab. 118 June I24I2 Apr. Conao!., 5s 1902 & N 107 b, 107 Mar. 108 Feb. Mil. Lake 8h. &W.— lst,6g. 1921 &N 118 June 127 Apr. Exten. & Imp., 5 g 1929 F & A 100 a. 98 Jan. lOl'sJan. M. K. &T.— 1st 48, g 1990 J & D 76 74% Jan. 79i8Feb. 2d 48,g 1990'F 3612 Jan. 4412 Jan. 391a Mo. Paciflc— 1st, con., 6 g.1926 M & N lO.'i b. 103 May Ill Mar. 3d,7s .1906 N 108 b. 112 May 116 Apr. Pac. of Mo.— 1st, ex., 4 g. 1938 F & A 9312b, 96 Apr. 100 Jan. 2d mort. ,78 1891 J & J 103 Hi 9912 Jan. 103 12 June Mobile & Ohio— New, 6 g.. 1927 J & D 112 b, 112 Jan. II7I2 Apr. General mortgage, 48. ..1938 & 8 64% 63 Jan. 70 Feb. MutHalUnionTel.—6 g 1911 N 100 14b. 100 May 105 18 Feb. Kash. Ch. & St.L.— 1st, 7s. 1913 J & J 126 125 Jan. 127 May Con., 5 g 1928 A & O IO4I2 103 June 107iflMay HOTB—"b" Indicates price bid; " a" price asked ; the Range is made up from actua . 1891. I, (sales) in , May 87 . . JAN. Range Construction. 5s N.Y.L.E.&W.— Ist,con.,7g.l920 1893 Long Dock, 7s 1935 Consol., 6 g 1969 2d consol., 6 g N. Y. Ont. & W.— 1st, 6 g..l914 Consol. 1st, 5g 1939 N.Y.Sus.&W.— Istref., 5 g.l937 Midland of N. J., 6 g.... 1910 Norf. & W.— 100-year, 5 g.l990 North.Pac— 1st, coup. 6 g. 1 92 General, 2d, couj)., 6 g..l933 General, 3d, coup., 6 g..l937 Consol. mort., 5 g 1989 North. Pac. &Mon.— 6K...1938 North. Pac. Ter. Co.— 6 g..l933 Ohlo&Miss.— Cons. 8.f.,78. 1898 Consol., 7s 1898 Ohio Southern— l8t, 6 g...l921 1921 General mort., 4g Omaha & St. Louis—1 g ..1937 Oregon Imp. Co.— 1st, 6 g.l910 Consol., 5 g 1939 Ore. R. & Nav. Co.— Ist, 6 g. 1 909 Consol.. 5 g 1925 1921 Pa. Co.— 412 g., coupon Peo. Dec.&Evansv.- 6g..l920 Evansville Dlv, 6 g.... 1920 67 80%1'eu. .& J 80 198' 1937 A 1906 J .1921 J 6s. 1923 F N.Y.Lack. .?W.— 1st, Mar. Mar. 1 lowaCentral— Ist, 5g Kentucky Central—4 g Cioa'ng Miscel. Bonds. luter'st Price Period. Pne 19 N. Y. Chic. & St. L.— 4 g. N. Y. Elevated— Ts & A 94 b. & S 94 a. A J 122 & J 98% Chic.8t.L.&Pitt.-Con.,5g.l932 A & O 98 b, Chic. St. P. M. &0.— 68....1930|J & D 113isb, Cleveland & Canton— 5 g..l917iJ & 3 C. C. C. & I.-Consol., 7 g.l914 J & D; 128 a. 114 June 121 Mar. General consol., 6 « 1934 J & J Col. Coal &Iron— 6g 1900 F & A| 10412a. 102 Jan. 106 Jau. Col. Midland— Con., 4 g...l940 F & A 62 Apr. 71 Jan. Col.H.Val.ctTol.— Con.,5g.l931 M & 8 80 b, 79 June 86 Jan. General, 6 g 1904 J & D 82iab 83 June 88 May Denver & Eio G.— 1st, 7 g.l900 M & N |114i2b 115 June II9I2 Feb. 1st consol., 4 e 1936 J & J 82 79 Jan. 83 Feb. Det B.City&Alpena^eg.lOlS J & Ji 91 Jan. 9612 Feb. Det.Mac.&M.— L'dgrants.1911 A & 01 SO'ea 291s Jan. 32i4Feb. Dul. & Iron Range— 5s.... 1937 A & O' 95 Jan. 100 ig May Dul. So. 8h. & Atl.— 5g....l937 J & J' 100 a. 95 Jan. 99 Feb. E.Tenn.V &G.— Con., 5g.l956 M & Ni 9914 96 May 104 Jan. KnoxvUle&Ohio, 6 g...l925 J <S J 106 b. 103 14 Jan. 109% Apr. EUz. Lex. ABlgSan.- 6g.l902jM & 81 85 b. 88 Apr. 95 Jan. Ft. W. & Denv. City— 6g..l92lij & d! 99 "sb, 997e Jan 105 Jan. Gal.H.&SanAn.-W.Dlv.lst,5g.|M & N 9214 92 May 95 Apr. Han. & St. Jos.— Cons., 6s. 1911 M & 8 II212 10 Mar. 117 Jan. Illinois Central—4 g 1952lA & O 94 b. 93% May 97 Mar. Int. &Gt. No.— 1st, 6g....l919M &N 110 b llOig June 115 Jan. Coupon, 6 g., trust rec..l909iM & S 68 b, 68 Mar. 76 Jan. 1926 F Louis— 5g.l928JM Chie.E.I.&Pac— 6s,coup.l917|J Extension and col., 5s. ..1934 J Extension, 48 Chic. Peo. &St. AND SINCE M& N.Y. & Harlem— 78, reg... 1900 M & 106 isa, 104 121 b. 120% 99 a. 9712 87 b. 87 8414b. 84 110 b. 113 120 b. II912 9512b. 95 124 19, N.Y. Central— Extend., 5s. 1893|M lst,coupon,7s 1903 J Deben., 5s, coup., 1881.. 1904 95 12 Mar. 99 May 105% Mar. IO8I2 Jan. 11 Ola May 112% Mar. 114 Apr. 117% Mar. & J lOgifib. & J 112 b. & O 114 & N 9514 J 58.... 1921 Central Paciflc— Gold, 6s. .1898 J Clies. & Ohio-Mort., 6 g..ian A 1939, 1st consol., 5 g --— _ Lowest, 75 BONDS JUNE (ContlnneA).— ACTIVE Range (sales) in 1891. [Vol. LII. 102 14 70 • 2% 4 6s, consolidated, 2d series, rects. 6s, deferred, t'st rec'ta, stamped ;:;:_ >• "V Jxysn 80. lUK CHRONICLE ISttl.j 929 GENERAL QUOTATIONS OF QuotatlODB In Mow York represent tlir i>er cent valiu', wliikt«vi<r tint p tr m The toUowInK nbbrovlntlonii are nlU'n lintel, vir..: " M " fir iiiiirUiit.^. " *. iir n-nii no, or oonKollilut<>il " oonv." for oonvnrtlblo " s. f.," for HlnklnK xuml " I, k./' tar litnit <nuit. QuutatluDH In New York uie tu Tliumday from other citleo, to liti<- mall dslM. " . ; : itlr nuwlii pi '•ea I ,' Tir iir Kiir.iii •ad on* ; ; Subaerlbera will conKBr UHITKP 8TATB« BUNDK. CNITED MTATBIS 4^^, 1891 AH^ 1891 coup.. 4s, 1907 4a, 1»07 6t, Qirrency, 6a, Cirrenoy, 6a, Ciirrenry. B16. n«»NDa. r««..Q-M 100 Q— re({...Ci-J 189& 1896 1897 Cnrrrnoy, IHOS 68, 6a, rurrt-ncj-, 1H!I9 OlTT BaOVKITIK*. Aak. Bath, STATU MKCIJRlTIKh. to S, 1906.. Caa88"B,"5», 1006 CJaas " O," 48, 1906 Currency fiiiKlluK 49, 1920 7», I Aak. (Tirr aaoinuTica. lOA N.R*<irnnt-(rai>'i1>-S>«>.IPI0 .«AOl4 "^ •- v-'i •.wlok,M.J.- r T • Water 6b, 1898-9 Water 4b, 1904 Water Sias, 1906 Water Sa, 1916 Ark. OentralKH.,1900.A&Oi Oonnectlc't-New,rg.,3 148,1903. J*J {102 Sew, reg. or oouji., Ss, 1910 JIOO Dlat.Col.— Coni.3-«58,1924,cii.FAA 15 Fnii<UnK58, 1899 JAJ 108 Perm. Imp. 68, Kuar., 1891 ..J&J IO2I4 Perm. Imp. 78, 1891 J&J !03 103 M •T v~ '(I. > . nr I 'D-Park,3>«. i£n,w \^rleana, Im. l-rfiiinuu -T* ... Oraa. Sa, 1033,axt. Cf»aaiiia».JAJ — i.i •» Var{< iia<« Varll 100>« 8a, Water3>«a. 1917 AAO!l 92% 38 AAOI 85 Br'klyn.N.Y.— Brldge7a,19a4.J&j:U5a Park «s, 1024 J&JliKS 101>< 103 Bridge Sa, 1919 JAJ 108i« Bridge 4b, 1926 lis JAJ 100 Water 3a, 1905 JAJ 104 108 >t Buffalo, N.Y.— 7a, 1924-5 JAJ 40 AOl &0 Wa8h.-F\iii(l.loan(Cons:.)68,K.,'92 Fnnd. loan(L«K.;68,(5.. 1902V8r Market stock. 78, 1892 Water stock, 78, 1901 Bid. .VsrM ' Water Sa, gold, 1900 Water 4a. 1917 JAJ ISO A&O MeuiphlsA L.K., 1899. A 7«,L. K.P.B.AN.O.,1900.A fa,Hls8.0. & K.KIv.,1900.A 7e, 1002.... 119>* Boaton, Maaii.— WatrrUn, lUUU Arkan.— 68.run(l.,'99.fIoltoril.JAJ 68, funil., Hoii-IIolforrt 7a, L. K. ,te Ft. 8.188110,1900. Me.—ea, 4>«a. 1907 Belfast, Me.— 6b, rnllr, JAJ HI J&J IK J&J 1IG1« J&J 119 reit br KlvloK notlee ofattrarror «la««v«r*« l« tkaaa l|««Mtl*««« 117\ 118^ Birmingham, AIn.— .% .q— 118\ J&J 1)9 coup., reg reg reg reg Alabama— Class "A," 4 100 aMvor MAH MAK MAII MAN IM AAO MAN { ••» iSo" Var 119 MAN AAO AAO 4113 114 19M Sa, B«, KoM. I89« 4a, 1906 3ISS. 1904 aa, 1907 Park, 8>aa, 2<Ma _ Norfolk, Va.-ea. 1914 8s, Water, 8a, 1916 1901 lioia Norwich, Ot.-Ba. 1907 Carabrldgc,Ma8s.-Water6«,'06.JAJ aty tls, 1904 JAJ Water Siss, 1911 Var Cam<!en,N. J.— 7B.1U03 JAJ Omaha, Neb. -Paving Sa, 1906 Orange. N. J.— 7b, long ~ 124 08 . ill4 Ills Patenon.N. J.—7a, 1900 CharleBton.e.C— Conv.7a,'97.AAO Oonv. 4s, 1909 116^ JAJ Chicago, ni.— 78, 1899. .. 78,1895 4i*», 1900 8-65B, 1902 ir>«i^ z»fl<«!lOO MAK »12e 1137 MAII ill9 131 JAJ 121 !f.Y.atr-7a, 1900 ea. 1900 ea, gold. 1801 AAO MAS JAJ PAA 10*1 107 1107^ JAU 1M4 1001 4a 1908 tie lis 100 6a, ibft .,.......,..-. Peteraburii Val^^V ionif .".'.. . .JAJ Philadelphia, Pa.-6a,18wS.... 6a, 1904-5-6 no , JAJ 107 107«9 JAJ 132>t JAJ 188 , PIttaburg, Pa.-5B, 1913 Var 140 JAD 106 104 JAJ 118 1904 reg 127 128 PortUndJtfe.—6a,RR.Ald,1907MAa M33 13S do 78,1903 JAJ {100 101 4b, funded, 1912 Florida— Coneol. KOld 68 J & J }1C9 Portland. Ore— Oold 5a.l930.MAN 113 116 Seorgia-4'«B, 1915 J&J 108 Portsmouth, N.H.—68,'93,RR. JAJ 104 3»48, 1917 to 1936 J&J 101 102 Poughkeei>8le. N. Y.—7a,waterloii|i 130 Indiana— Tem'y loan. "48, 1895... 100 Providence. B.I.— SB,g.,1900.. J.kJ 110>t in" 100 Kefundlnp, 3'^s, 1896 48, 30-50B, sink, fund, 1931. J&.),i 119 100 5s, 30-50B, sink. rund,1930.M&N|(llO 6b, gold, 1900, water loan. .J A J 118 State House, 3i«s, 1895 JAD 106 loei* Jl04 98 Hamilton County 4b... 41SB, 1899 Temporary loan, 38, 1899 MAS 97 99 gold, 1916 97 §107>« CleTeland, 0.-78, 1894 Temporary Int. loan, 38. 1804 AAO 3>s8, JAJ 97>« Quincy 111. -68, 1808 68, 1900 Temi>orary int. loan, 38, 1892.. M*8i5112'« 113 44 N. -Old 7B... 97 14 5109'« J. Hahway, Temporary Int. loan, 3r, 1893. 5», 1907 J&D 110>s 71 78 New s^ustment, 4b.. 97 School fund retunding. 38, 1?09. Funded debt 4s, April, 1902. JAJ 4 99 1(0 AAO Readlnp. P8.-4B. 1920 98 Columbus, Qa.— 7s Temporary loan, 38. 1899 Var JAJ ii4>i I'le" 5b 104's 106 >« Kiobmood, Va.—ea, 1914 Lonlslana— Consol. 78, 1914. ..JAJ 105 JAJ 134 136 ^olunibus, O., 48, 1910 8a, 1909 Stamped 4 percent. 1914 AAO J&J JAJ 108 102 Covington. Ky.— 4s,1927,new.JAJ 101 Sa, 1921 A 1922 Halne— New 38. 1899 1929. ...J&D ^ 90's 96 irii" 1920 .,;.... I10>a 4a, 5b. 1920 FAA Iaryland-38, gold, 1900 J&J 98 101>s Rooheater, N. r.—7a, Water,1003 .. 180 Dallas. Tex.— 58, St. Imp'm't, 1928 8^58, 1899 J&J 100 FAA 1912 18P5— 4a. D->yton, O.— 58. 1906 I(a88aohusett8-S8,gold, 1891. ..J&J FAA 100 Denvor.Col.— E^ib. liu.4s.l904.MA8 8t. Joseph, Ho.—6a, 1903 5s, gold, 1894.... J&J FAA 93 Comp'mlse 4B, 1901 Dulutb, Minn.—48, 1920 JAJ 6s,K0ld, 1897 M&8 Var no 112 Detroit. Mich. —78, 1894 FAA 6108 109 St. Louis, Mo.—68, 1899 Bnnnesota— Adj. 4is8, 1912. 10-30. 104 104 H gold, 1894 &l!22>t 124 68, JAD 68, W. L., 1906 Ulasonri- V8yl'morUnlT'ty,'92.J&J 104 >s 106 58, 1900 JAD too Fond. 68, 1894-95 S'as, 1911 ..J&J 100 101 1905 4s, Erie, Pa.— GoDBol. 78, 1894 ... JAJ Funding 3>4, 5-2C8, 1906-8 ..J&J 79' 95 97 3-658, 1907 84 J.— New la,1922.J&J Hew Hampshire— 58,1892 . ^^ J&J 101 ,02 Elizabeth, N.lnd.,comproin. 121 AAO 41171s 6b,1008 Co.— L. St. 48,1912 War loan, 68, 1894 J&J 106 107 Evansvllle, 98 too at. Paul, .Minn.—4b, 1913 Fltchbure,Ma8».— 68.'91,W.L..J,fe.I si 06' War loan, 6b, 1905 J&J 1^5 127 Galveston. 100 104 Tex.-88,1893-1909.M&8 100 102 4's8. 1916 Haw York— ds. gold, 1893.... A&O 104 107 5s. 1915 J&D 96 98 35 5s, 1920 No.Carollna— 68,old, 1886-'98.J&J 110 1904. 6s, Gr'nd Rapids, Mlob.-Sa, 1904.JAJ 6e N. C. KR., 1883-5 J&J 115>s 117>i J&D Water, 88. 1895 68 do 7 coupons off ...A&O 118 San Antonio, Tex.'-^.' 1909-19JAJ Harrl-burg. Pa.-68, 1895 JAJ 10 68,fnndlngaotof 1866 1900.J&J 103 106 Fd Sa, oon8.1909 .0-l Savannah— 1H03 JAJ Water 6s. 2U new bonds, 68, 1892-8 J&J 1910.FAA 1893 Pa.-4a, Sirauton, 113 Hartford, f^onn.—6s. 1897 J&J 6e, Chatham RR A&O .Sliux City. Iowa-4'ss, 1899. i 95 Towns, 3s, 1909 6b, si>eclal tax.class 1,1898-9A&(J Spokane FaUa, Wash.—t a..... A&O i'ldo Hobokcn, N J.-7S, 1802 Trust certificates 185 6a, 1905.. AAO Maaa.— SpringUeld, S105'* 6s, 1898 J&D >« Improvement 99 loo's 4a, new, cons 1909 J 4 J AAO 128 ISO 78,1903, water loan MAN UCO 58.1901 do 126 68,1919 MAN 1907 Sprlugtli-ld,0.-,S«. 98 100 .—6s Tex Houston, North Dakota b< nds. 90 92 >• Toledo, O.-7-308, BR.,1900.M A N 114 116 Compromise 58, 1918 Penna.— 5s, new,reg.,'92-1902.F&A 102'« Var 106 107 8s, 1893-94 IniU8napolla,Iiid.-"D" 7-3,'99 J AJ 4B,reg., 1912 F& A 118>«'118^ -Var I07>s 109 "" 6b, 1899 JAJ 105 68.1897 Rhode le Isi'd— Isl'd 6s, 1893-4, coup. J &J 103 100 101 4*0 1893-1913 Ss, >116 119 '^^ 1905 Var City— 78, Jersey Booth Carolina— 0.'),Non-fun(L, 1888 3't ........Var. 95 97 48. 1913 110 J*J Water 68. 1904 Brown couboIs, 6», 1893 ... J*J 9(1 lOSVt Topeka, Kan. -Refunding 5a....... AAO Water 5a, 1916 Blue consols. 4i?8, 1928 J&J ioo" JAj 1911 J.-4». N. Trrnton 106 1* AAO Water aSsesF., 3s, 1916 Tennessee— 6b, uuiuuded J&J 101 >4 iVoroeater.Maea.-6a. 1893.. .AAO 101 V.J M&S cU05 Hudson County bs, 1905 Comprouiiae, 3-4-5-68 1912. .J*J AAO IIIH 118 8a.l908 Hudson Couuty 78. l89t....JdiD!5l05 Settlement, 68, 1913 JiJ IQO AAO 103 104 4a, 1908 JAJI 110 Bayonne City, 78. lone 1U2'4 Settleuieni, He, 1913 J&J ^..JAD 96 98 Z'tt, 1908 70'« Kansas City, .Mo.-7e. 1898.. MAN Settlement, 3b, 1913 J&J BONOS. .BAILKOAD ... AA06 lalO 137 48, Texas— ,'s, gold. 1904 J&J! 13) «r« eenaot'tarf tompanUt (Bond* of I^wrence, Mass.- 68, 1900 ...A*0 5117 118 Virginia— 6b, old, 1886-'95...J & J| gtnerailn under the eontol'ii name.) Leavenworth, Kan.— 4a, 1914 JAJ 6s, new bonds, 1866 J & Jj 119 Ala.Ot. Southern- Ut.6«.190fJ.*J ellO Long Island City, N.Y— W»ter,7B... 43 68, consols, 1905. ex-ooup J&J Debenture 68. gold. 1906.. .FAA alOS 108 Los Angeles, Cal.— 5s, gold , 68, consol., 2d series J&J 97 J&D* 96 1927 mort. 8a. Gen'l Var JII6 LoulBVlUe, Ky.-78, 1903 68, deferred bonas 87 VarSlOS's 106H Alabaua >0«"»n«!-l;»'«^'»28. 6s, 1897 Vo trust receipts -. 1907. 75 (fa, 78 deb. a let Ao. T. O. N. MAN §101 102 >« Ala. 20-408, »s, 1920 64 Tax-ree'vable coups., from consMs 'iddebent. 6a. 1907......... JAD a 68 JAJi{ll2 48, 1923 64 Do from 10-408. 96 90 Ala. A Viokab.-C na. 6a,102l.AAO 64 >I 65 >« Lynchburg, Va.—68, 1901-4... JAJ 108 110 lIew3s(Riddleberger), 1932.J& J 9« 100 Vicksb.AHer. -lat.ea. 1921.AAO Lynn, Ma8a.-Waterloan,6a,'94.JAJ SlOSis 106 34 40 10-tOe,cp.& reg.,3to5,1919.J&J 70 80 5a 2d,eoi)aol. ••••.-vvri MAN 5ll0>t 112 SB, 1905 32 Oonsol. coupon, new 188 190«. giiar. 1V7 HO 113 Alb'y ASoaq.-Oona^ Macon, 08.—«r, 1909 20 do i,on-fundable 191 iieif nar.AAO mort.,ea.l906, O(maol. Manoheater, N. H.--6s, 1902. JAJ 5 1 17 118 CITV SKOCKITIES. Q«n. ll.,73-10a. JAJ no 111 UOOH :02 »lle«h. Val.—7b, 4a, 191J Albany, N.Y.— 68. 1915-1919.M&N SI 35 AAO 117 1910 iBt mort., Mempbie. Tenn.— Comp. 0a, 1907.. 101 M&S U02 ,1920tol930 30 end.. 1894. -..A«o 7b. laeoiue. 101 JAJ '100 1913 Tax Dl8t., 68, Allegheny, Pa. —6a,ep., 'B7-97.V T»'«n--l»«***'9'^-J*J Allentown JAJ 101 Tax Dlst.es, 1915 41118, coup., 1900 Var.l It 4 1989, JAJ 79«« 79 >• Fe-Bew4a, AS. Ateh.r. -3-65, 19t0 Conn. Middletown, Ulegheny Co.,5s, cp., 1U13.J&J 1(3 47H New IncomrB, 1989..... ......... 47>a 138 Minneapolis, Minn. -8s, 1893. JAD &102 100 4b. Court House, 190!<, reg.. J&J AU. A OharL-lat pf. 7a. 1897.AAO ISO JAJiSllS't 78. 1901 8-88, leiuuded. 1895, reg ..J&J 100 131 119 UV 7a, 1907..^^ {101 4>«l, 1H1215 Atlanta, Qa.— Water 78, 1904.. J&J 114 101 luoouie.e*. 1900 .-..••.• **2 !»l 98 4b, 191.V17 6s, 18»5-b J&J 104 108% too All A Florida- Isf, 6a, 1M». MAN i 98 110 OS's Milwaukee, Wl8.-WBter7B,'02.JAJ 6s, 1914-15 J&J 102 MAN 108 10»l9 Atlantic aty — lat. 5a,«.. 1919. JAJ ioo' Water 4b, 1906-7 70 A^ss, 1916 J4J }...'.". 104 >9 t 60 88 90 Mobile, Ala.—4-5e, I'ded, 1906. JAJ Angusta, Me.— bs, 1905, Fund .J&J 71«i lt>8 Montgomery, Ala. 6b Augusta, Ga.— 68, 1905 JAJ lOi iV2 W.I).. 2d »C'»»»•*.••';•^^•*^•*'** 100 104 68, new Baltimore— OS, bounty, 1893. M & ft iOJ»« 107 '1 la 11 J,kJ Nashville, Tenn.—6s, 1900 104 5e, water, 1894 M&N •6 97' Omtral Dit.. lat. Ha. 1991.. MAN 4f. 1910 ._ 117 68,1900 Q— 10 19113. Ineomea. 6a, avB-cunal., AAO 97 Newark— 4B, 1908 121 6a, West. Md. RK., 1902.... J&J 10 Land gr. Inoom«-*, cam., 1901^ 124 'si 4>«B, 1918 58,1916 .McfeN 98 ialtuuure A Ohio -U. 1936. AAO Ss. 1909 108 4B, 1920 faraersboix Mr., 6a, 1919.. .AAO 114<a n7«» 138 Var ea, 1910 loo's lOl"* .'.'.JAJ 1104 3H», 1928 .FAa: . 1938. gold. 6* |.... Var var ^133 }»»» l»«o Aqueduct, 1908 llSl 7b. Aqueduct. >119 1151 Bangor, Me.— Water,ea, 1905. J&J ill9 .FAA OoMoL gold 88,1988. B. & N. A. RR. 68, 1894 J&J {1(^4 .lOft kew Bedford. Maaa.—ea,1909.AAOiil36 127 i 8ub|eo» to MIL « Coupona on ainee 1869 a Id LODdOD. Prtoe icsl. } Furcbaeer alFO pays accrued interest. llGif ."J 7a, 1912 4b, 1915 6a, Consol., Cook Co. 4>«s, 1900.... West Chicago 5b. 1S99 |I00 Lincoln Park 7s, 1895. South Park 6b, 1899 Cinoinnatl, O.-7'308, 1902 ...JAJ Sl25>« 78,1908 Var $128 68, gold, 1906 M&N Jus's 4b, 1905 Var JlOl I , . A&O . 1 I • — - M 1 . . II riT I . . I ' THE CHRONICLK 930 LVol. Lll. GENERAL QUOTATIONS OF STOCKS AND BONDS— Co-vtinued. For Explanations See Notes at Head of First Page of Uaotatlons. RAXLBOAD BONDS. Bid. Baltimore & Ohio— ("ontinued>— BchuylklU Riv. East Side 58, 1935 Bterlmg, 58, 1927 1933 Sterling, 4j^8, Equ.Tr.eer. B,1S91 to 58. s.f., 1901 5s, debenture, 103ij MAS 105 MAS ell2 M&N ell6 JAD «xl02 A&O el02 Sterling, 68, 1895 Bterilng. 68, g., 1902 BterUnjr, 68, )?., 1910 4s, plain , 102 95>j JAJ 17J« 2d do do 5 6 Sd do do 120 ell8 Balt.APot'c— lat, 68,g.,1911AAO I8t, tunnel, 68. g., g'd. 1911. .lAJ cll9 Beech Creek— l8t,g'ld,48,1936,JAJ Belvidere Del.— l8t,68,c.,1902.JAI) lii" Ck)ns.48, 1927 FAA Boston A Albany- 7s, 1892. ..FAA 68.1895 JAJ Boston A Lowell— 78, 1892. ..AAO JAJ 6b, 1896 fis, 1899 JAJ 48,1903-6-7 Var. 4>«8, 1903 MAN Boston A Maine— 7s, 1893 JAJ 76, 1S94 JAJ ImproTement is, 1905 FAA Do 48,1937 FAA A Boat. 104 107 M.ASt.P.lst, 88, P.D.,1898.F&A P. D., 2d M., 7 3-108, 1898. .FAA R.D., iBt, $, gold, 7s, 1902 ..JAJ La. C, 1st M., 78,1893 JAJ 103 I. 105 104 104 106 I'a. JAJ Lynn— 68.'97. .JAJ A K.— Ist, 68, 1932 Bradf.Eld.A Cuba— l8t,68.1932JAJ Brooklyn Ele.— Ist, 6s, 1924.. A&O Zdmortg, 58, 1915 JAJ Union El.— Ist, 6s, 1937. ...MAN 107's Bnmsw. A W.— l8t,4s,g ,1938.J&J 70 Butt. Brad. A P.- Gen.M.7s,'96. JAJ 103 Bnfl.N.Y.AErle— l8t, 7s, 1916.JAD S5 Buff.Eoch. A Pittsb.- Gen.5s, 193' Koch. A P.. Ist, 68, 1921. ...FAA II8I4 CousoL.lst 68, 1922 JAD lllH Bafl.A Southwest.— 68. 1908. .J.AJ Bnrl. C. R. A N.— l8t.5s,1906. JAD Oons.lst Acol. tr., 5s,1934..AA0 "a3h> 112>s 90 Iowa C. A W., Ist, 78, 1909 MAS 0. Kap.LF. A N.,lst,6s,1920.AAO do 1st, 58, 1921 87 AAO Oallfor.Pao.— l8tM.,4>s8,1912JAJ 102 105 2dM..68,g., '91,txt.at4i<i%,JAJ 99 8d M. (guar. C. P.), 68, 1905. JAJ 106SI» do 65 do 38, 1905. JAJ Oamden A Atl.— 1st, 7s, g., '93. .JAJ 103 CoiiBol. 6s, 1911 JA.! 107 F. 1051s 30-jrs. deb. 58, 1921 JAD JAD Central of 1st. 103 92 g., 1937. MA3 guar.,1929 MAS New Jersey— 5s, Am. Dk.A Imp. 107 "s'o" loftij 95 93 83 119 115 109 Co., 5s,1921. JAJ 1(8 1895 JAJ 1896 JAJ 1897 JAJ 1898 JA.) B.Joa<]uln, l8tM.,68,g.l900.AAO Cal.AOr.-Serle8A,5g.,1918.JAJ 10719 109>« llOSi 68, ),old, 68, gold, 68, gold, Berie8B.,6s, *, '92 Mort., gold, 5s, 1939 8s, g., 19U0 96 2d 108 >4 115 AAO mort., 78, 1910 Consol., gold, 68, 1933 JAJ Cluirtier8-l8t,78, 1901 AAO Oiie8.A01ilo.— Pur.money f d.,6s '96 Series A, 68, 1908 68, O.AO. Ry, do 95 !« 68 A A.2-4.1989.JAJ 48, 1989. ..JAJ R. A A. 3-4. 1989. JAJ IstCousol. K. do 2d Consol. Ches. O. A 8.W.— M.6s, 1911. .FAA 2d mort., 1911 Clie8liire—68, 1896-98 FAA 6b, 48,1010 CUc. A Alton.- lBtM.,7s, IJAD 115 MAS 94 1927.AAU ' CMcago & Southwestern .J&J A col. 58, 1934 JAJ ChicASi L.— Ist 6s, 1915. ..MAS Chlo.St. L. AP.— Cou.58,1932.AAO Chic. A Qt. East., Ist, 7b, 93-'95. Exten. 9"7ia 112 108 9gis!. O0I.& Ind. C, 1st M.,78, 1904.J&J do 2d M.7s,1904.M&N IO911 TJn.A Logansp..l8t, 78, 1905.AAO 118 Chi.St.P.AK.C— Pr'ty5s,1931.J&J II6I9 JAJ 104's JAJ '93. JAJ 1031* 5- Bterilng mort., 68, g., 1903. .JAJ «118 Blnklng fund, 6a, g., 1903.. .MAN llQis Louis'aA Mo.K.,l8t,78,1900FAA 117 do 2d, 7s, 1900 MAN Bt.L. Jacks' V. AC, l8t,78,'94.AAO do 1st guar. (564) .7b,'94AAO do 2dM. (360), 78, '98.. JAJ lOS"* 1051-2 1936 J&J Mlnu.A N.W.lat, 5s,1931..jAJ. « 70 Chic.St.P.Miu.AOm.- Con. 68, 1930 113is Ch.St.P.A Minn. l8t,68,1918MAN 118 113 St. Paul&S.City, lat6a,1919.A&0 118 1« 9514 Chic.& W.Ind.—S.ld. 6s, 1919 M&N Generalmort., 68, 1932 691s Q—M Chi. &W. Mich.— Geu. 5s, 1921.J&D } 93% 68" Cin. Ueorg. A Ports.— tis, 1901 AAOl lat, g, 5a, 10578 Cin. Ham. A Day.— Consol. 58AA.O §105is 76 Consol. S. F.,78, 1905 A&ol 122 105 Consol. mort., 68, 1905 A&O 5114 2d mort., gold, 4I28. 1937. J&J Gin. H. A 1., ist M., 7s, 1903.J&J 5 120 C.I.St. L.&C— Islg. 4s, 1936,(i— F Con. 68. 1920 §109 Cin.&lndlauap., lat.,7s,'92.J&D 100 2d M.. 7s, 1892 J&,I 100 Indianap. C. AL., 78, 1897. .F&A 5ll4ia Cln.Lal.AC- l8t,78,K.1901.MAa|^ Cin. Leb. ANor.- lat, o», 1916J&.) § Cin.Rlch. AClilc.— Ist, 78, '95.J&JUH06 Cin. Rich. A F. W.— l8t,7s,1921JiSulS' 1 971* Clnn.Saud.A Clev.— 6a, 1900..Faa:^10O 100 Conaol. a»ort.,58, 1928 JAJ^104i« 1 . I 105 99i< J&D 99% 84^8: 85 Ist, .5a,1937.J&J Ohio,lst, Ga, 1925. J&J Kuoxv. J&J Ala. Cent., lat, 6a, 1918 W. Ry., Ala. -1st, Gs, 1926 East. 108 116 Eastern,Ma»s.— 68, g.,190G. .MAS 121 Easton & Aiuboy-M.,53,1920.MAN EUzab.Lex.A Big S.— 6a, 1902.MAS Elmira& W'mspt— 1st 68,1910.JAJ A&O 58, 2S62 Erie & Pitts.— Con. M., 78, '98. JAJ §110 AAO Equipment, 7s, 1900.. Evaus.A Ind.— lat, guar., g. ,68, 1924 J&J 1st, con., 192G Evans.A T.H.,l8t con.,6s,1921,JAJ Mt. Vernon— Ist, 6s, g.,1923AAO lOJ 92 Sul. Co. Br. 1st, g. 53, 19J0.AA O Evans. A Rich.— lat 5 g. 1928. MAS Evanav.T.H.AChi.— lat, 68, g.IOuO §105 J&J '§102 2d, 68, gold, 1900 Fitohburn- 5s, 1899-1 903 .... Var. § 103 M&N §106 5s, 1908 AAO!§106is 63, 1897 ! A&O MAS A&O 7s, 1894.... 4'«8, 1897 4s, 1907 Flint 110 110 Mlss.Rlv.Brldge, l»t.,».f., 68,1912 104 CUo. Burl.A Nor.— 5s, 1926. .AAO 97I4 2d, 6a, 1918 JAD 994, Debent. 6a. 1896 JAD 99 Cln.ASp.— 78,C.C.C.AI.,1901.AAOi 110 Equipment 7a, 19U3.'.'....'.'..'fAA ^103 105 78, guar., L.H.A M.S., 1902. .AAO 110 Chip. B. A (j.— Cona., 7b, 1 903 .JAJ 121 1217e Cleart. A Jett.— 1st, Oa, li):J7 .. .J&J 120 * Price nominal. § Porohaaer also pays aoorued interest, e In lioudon, U Coiapaa oS. do 2dguar. (18S)78,'98.JAJ JAJ M&N .MAS Bost.H.T. 1091* 110 112's 116 MAN 1939 & St. L.— 97 114 108 & S. C.A Pac, 1st, 6a, 1898. .J&J Frem. Elk.A Mo.V.— Gs,1933AAO do do Unstamped. 68,1917,coup 104ie 107 AAO AAO 1911 IstSs, Ext.,lat.7a,191 Divisional, 58, 1930 Consol. 5s, g., 1956 Ist Ext., gold, 58, 1937 Equip. & nun., K-. 5a, 1938. SOTij 110 & ..MAS 1911. AAO l8t,7«, 1917. MAS A Tomah.— lst,6a,'05.M&N Cedar R. A Mo.— lat, 78, '91.F&A l8tmort.,78, 1916 M&N 2d mort., 78, 1909, guar... J&D A ChicR.LAPac— 1(J0 AAO AAO 1910.. 1st, 78, I8t 58, 1928. lAiUisville St. L., 5s, 1051s JAJ West. Paoif., ist, 6a, g., '99.. JAJ Central of So. Car. 1st 6s,1921.JAJ Clmrles.Cin.A C.l8tg.58,l947.Q— Onarl'te Col.AA.— c6ns.,78,'95.JAJ Mortgage Ills., Ist, 58. Madison Ext., • 1 30 I03I3 106 — oa., g,1910l''&A A North. 5 1106i» CimiiinatlExt. Mobile & Birui.. Mil. A Mad., 1st, 68, 1905. ...MAS Ott. C. F. St. P., 5s, 1909. .MAS Chic. Peo. 112 H04 124 Wlnoua&St.Pct.— 2d7s,1907M&S Ist exteusion, 7 g., 1916 J&D Chic. IIOI4 Gr.Rap.L.&D., l8t,5.'i,1927.MA» Mack.& Jl.— Ld. gr. 314a, S. A. iDub.&S. City— l8l.2(lUiv..'94. J&J DuUith& Iron R.— l»t,5a,193?.A&0 Duluth a. 8h. A Atl.— 09, 1937,J A J Duuk.A.V.AP.— l8t,7s.g..l900J&D E.Teu.Va. A Ga.— Ist, 78, 1900.J AJ Mil., 1st M., 7s, '98.. JAJ Northwest.Uu., 100 6s, gold, Land g. A 114 114 1 ,Det. lat M., 8a, 1900. AAO Peninsula, 1st, conv.,7s,'98.MAS 121 lOJH 110 MAN 1912 1211s Iowa Mid., Chic. 51 721s ;Det.G.HavenA.Mil.— Eqiup.6s,191^ ell 2 Con. M., guar. 6a, 1918 A&O ell2 iDet.L.&No-th.— l8t,7a.l907.JAJ 6108 134 .A&O FAA16 1H2U 81 78 1st M., ou EKt.,!;uar. 48,1905JAJ [Det. B. 0. A Alp..l8t,68.19l3. JAJ Dea M.AMlun'8,lst.7s,1907.FAA II6I4 Central Pacificist, 1st, Ist, Ist, brt«. 4s, J&D . Escaii.AL.Sup., Ist, 68, 1901.J&J Menominee Ist cons. 78, '99 Q-J Convert, mort. Ts, 1902. ...MAN Convert, debcnt. 6s, lfl08..MAN Qen. mort., 58, 1987 JAJ VaiLA. Wll.— Con. 7s,g.,1900,a88.Q Mortgage >s £9is ACol.— 5s, Bav.A West., Exteu. 102 82 113 7S DeaM. A F.D.— Guar. 4s,1905.JAJ 1st mort., guar., 2is8, iy05 J&J Sinking fund, 63, 1929 9.4 la Cape Girard. 8. W.con.6s.l908MA8 Carolina Cent.— Ist.68,g.,l'j20. JAJ 105 Oatawlssa— Mort., 78, 1900.. ..FAA Cedar F. AMln.— Ist, 7s, 1907. JAJ Cliat. R. Consol., gold, 78. cp., 1902. .JAD 95^ 90 Cent, of Ga.— 1st, cons., 78, '93. JAJ CoUat'l trust 58, 1937 MAN g. 4a. ser. A., 134 98 MAN Ist 7s, gold, 1901' Impr., g.,5s, 1928 JAJ 1989 ("hieag" A Northwest.Con. 78, 1915 Geu. l(;9 99 Del.L. &W.— Convert. 78, '92.. JAli Mort. 7a. 1907 MAS Den. City Cable 1st 6s, 1908. .JAJ Den. A R. G — 1st con. 48, 1936.JAJ Wis.AMinn.Div..58. 1921. ..J&J Terminal .5s, g., 1914 J&J Dubuque Div., Ist. 6s, 1920.JAJ q— AAO do 58,1929 A&O debent., 58,1933. M&N do 25-yrp. deb. 58, 191)9 MAN AYad.V.,let.6s,Ser.A,l916 Ist Gs, ser. B, 1916 lettis, series O Del.AHua.— lat.Ex.,78,1891.1vrAN IOII4 Coupon 7s, 1 891 AAO' IOSI4 109 lat, M., Pa.Div.,78. 1917. ...MAS Wis. Val. Dlv., let, Ga, 1920. JAJ Sl03i< Fargo & South.- Gs. as8.1924. JAJ Inc. conv. 8. F. 5a, 1916 JAJ Dak. A Gt. So. 5s, 1916 JAJ 90 Burl. Co., 68, 1897.FAA Canada So.- Ist 58, guar.,1908,JAJ 2d mort., 58, 1913 MAS J&J & Pac. Div. 68, 1910 ...J&J West Div., OS, 1921. JAJ Chic. A Mo. Riv. Sa, 19J6....JAJ Mineral Pt. Div., 5s, 1910.. .J&J Cblc. & L. Sup. Div., 5s, 1921JAJ '94' AAO 1923 ' 112 do 114 6d. Consol. mort., 6s, 1893 AAO Impioveiuent 6s, 1911 J&J Conn. &Paaeump.— M.,7s,'93.A&0 Connecting (Phila.)— 1st, 6s ..MASi 116 Consol.RR.of Vt., 1st, 5s, 1913.J&j|5 87% 88 Cov. A Macou-lst 6g.l915..MASI 70 80 Dayton A Mich.— Con. 5s,li)ll .JAJ 107 Dayton & Union— lat, 7s, 19U9J&D 120 Dayt.& West.- l8tM.,68,1905.J&J 112 Ist mort., 7s, 1905 J&J 122 Delaware— Mort., 6s, guar.,"95. JAJ 118 Del.A Bound B'k- Ist. 7e,1905F& A 127 1141s Conaol.,78, 1905 J&J 1st M., I. A D. Ext., 7s, 1908J&J l8t M.,6s, S'thwest Div.l909JAJ 1st M., 58. La C. A Dav.l919JAJ 80. Minn, lat 08,1910 JAJ 1910 8f 1J9 iJO Con.AMon.— B C.& M.— i)on.7s.'93 111 Chic. 100 Camden A 113 1221$ JAJ 1899. JAJ 58, 91 112 & 2d mort.. 118% AM., l8tM.,78,1897 do 95 Col.&C.Mid.—lBt,4is8, 1939. .JAJ Colum. Hoek. V. A T .— Con.59,1931 Gen. 68 gold, 1904 J&D Col.&Hook.V.— lstM.,7s,'97.AAO do 2dM., 7a, 1892.JA.1 Col. AToledo—lst78, 1905. .F&A do 2d mort., 1900. M A8j OWoAW.Va.,lat,8.f.,78,19iOMAN Col.Shaw. & Hk.-lst 5s.l940.JAJ Col. & Wesctrn, Ist, Gs. 1911.. .JAJ Hast. &Dak.Ex.l8t,7s, 1910.JAJ 103 75 Mlun.A8t.L..l8t78,g'd,19i7.JAD Cape & & Dak., 1st M., 78, Chic. A Mil., 1st M.,78, 1903.JAJ 10 9!"4 4th Mort., 68,1892 JAJ Colorado Mid.— 1st, Gs, 1936.. JAD Consol. gold, 48 1940 Columbia A Gr.— lat, 6a, 1916. J&J A&O U07 108\ A 117 A 9714 Atch'u A Neb.- l8t,78.1908 MAS 122 113 Repub. Val.. Ist, 6s, 1919... J&J 103% 102 Chic. & East 111.— Ist mort. 6B, 1907 109 102 Ist, eon., 68, gold, 1934 AAO 120 95ifl 107 Qen. con., Ist, 5s, 1937 M.feN 101 li Ct. A Coal R'y, Ist 58, 1936.. JAJ IO5I2 Chic. & Or. Trunk— Ist, 63., 1900.. 106 % Chic. Mil. & St. Paul— 1001* 105 1 Ask. JAJ el25 JAJ Cons. 8. F., 78. 1914 Gen. con. 6a, 1934 JAJ 48, (Neb.), 1910 Neb. RR, 1st, 7s, 1896 Om. S. W., Ist, 8s. 1896.JAD Fox R., 88, 1900. JAJ Ott. Osw. 122 Bid. Belief. A Ind. M.. 78, 1899.. .J&.I Cleve. Mah.Val.— G. 5a. 1 93SJ&J Cle. Pitts.— Con. a.f..78,1900.M AN r. Providence—7s, 1893.JAJ 1918 48, B08t. Keyere A Bradford Bord. bonds, 1921 , 53 Ist pref. income 58 1913 Railroad Bonds. Clev.Akron A Col.— Gen. M., g., 58, 1927 MAS Equip ir. & 2d M.. 10-40S...F&A Cleve. A Canton -lat. 58. 1917.JAJ C.C.C.ASt.L.— C. Div., 4s, 1939JAJ Clev.Ool.Cin.AIn.- l8t7a,'99.MAN Consol. mort., 78, 1914 JAIi ICl Neb. Ext., 48, 1927 Plain, 7s, 1896 JAJ JAD Bonds, 5a. 1895 Convert, deb. 5s, lfi03 MAS Bur. A Mo. R., I'd M., 78,'03.AAO Bar. A Mo. (Neb.) lst,6s. 1918. JAJ Cons, 6a, non-ex., 1918 JAJ 1900-M&N New 41^8, guar., 1990 Ask Bid. AAO MAN AAO A&O FAA MAS MAN Iowa Div. S.F. 58. 1919 Iowa Dlv.. 48, 1919 Denver Dlv., 48, 1922 107 114 118 104 104 Mou.Eiv.— l8tgu.K.58,1919.F&A Cen.O.-Con6.l8t,4i£8. 1930. MAS Balt.A O. 8.W.— Cin.ABalt.78,1900 Rallboad Bonds. ABk. A M&N 119 106 105 105 108 107 100 96>* 99% 100 98 ibo" 73 ibo" JAD 90 92 70 Hen.— lat,58,1913A&0 Gal.Hous.A J&J 106 Georgia— 6s, 1910 lu6 lat, 68, 1922. J&J (ieorgia Pacitlc— 651s Coa. 2d mort., 5s, g., 1923. ..AAO 17 Cou. lucoiue, 5a, g., 1923 ..-A&O lat, 5s, 113 107 6a,1920.A&U 1171s 1931. ...MAN 100 "75" 116 106% 66% 19 Ga. Carol. ANo.—l3t,38,g., 1929. JAJ 1021s LC3 76 Ga. So. A Fla.- lat Ga, >,, 1927. JAJ ulrand Kai.ida A Ind.— 112>« §110 lat, l.g., g'd, 78, g Ist M.,78, l.g., gord,uot guar. AAO §108 §105 Ex laud grjint, Ist 78, '99 General 53, MAS 1924 Muskegon Dlv. £8, 1926. ..J&J.. Bay Wiu. & St.P.— Ist, 6a, 1911 2d, lucomoa, 1911, all sub. pd « 97 § 98 ir. ^au. & St. Jo.- Con. Ga, 191 1 M&S Sarnab'g P., Ac, lat., 48,1913. JAJ U*rt. A OoQu. West.— 58,1903. JAJ . —Cons. 53, . 19i7..MAN 'lo'st.E.&W.Tex.— lst,78,'98.MAN ( 5 99 96 98 A tlouaatonic I § lat, con., gold, 5s. 1939 Port Huron Div. 5a, 19o9 Fla. C. & Fen.— ist, g.,5.'i,1918.JAJ Deny. U.— Ist, 68, 1921 Ft. Worth Ft.W.ARioU.lst 5s. g.,1'928 JAJ Gal.Uar.&sauAnt.— ial,68,g. 1910. 2d mort., 7s, 1905 Weat. Div. 110 88%, §1061* 107 West., deb. 58, 1913. & P. Marq.— M. 121>4 Xn Amsterdam, i In Frankfort. 84 an 39 25 113 104>* 103 J0NE THE CHRONICLE 20, 1S91.] GKNBKA.L. QUOTATlONd Vor Bcplanatlons BAILKOAD BOHDl. Bid. Waco A N. W.. 1st, 7s,g.,lB01..TAJ I12>I 1st K'. Sp, 1037 J*J 101 103 2(1 K- Os. 1912 A*0 90 99 IW.cntuio 1897 In, Itmt.&Br.Top— l«t, 4», Corw. 3dM. Sa, 1895 IlUiiol«<en.-l«t,KOld.4»,1951.JAJ Gold, 3isB, 19.M JAJ Col. tr.. Rol<l. 4(1, AAO 19A2 BnrliiKHrlit Oit., 6b, 1898. .JAJ MIdillp 1)1 V. reii. 5», 1921... A BteriliiK, 8. P., SB, (?., 1903.. FA Bterl in*;, Ken. M.,68, g., Bterllni?. .^b. AAO JAD 189A.A AO 1905 Chlc.8t.&N.O.-T.l'n,78,'97.MAN lut con. 7b. 1897 2d. 6b, 1907 JAU 8», 1951, gold JAD Mem. Dlv., Ist 4». g., 1951.1 Ind. D. A W.— Gold, 58,1947... AD AAO lod'apoUeAVln.— lBt,78,1908.FAA 2d mort.. 68, g., guar., 1900.MAN Int. & Gt. North.— l8t.(i8.1919.MAN 2d coup. 68, 1909, Trust reo.MAH Iowa Ont.— l8t ra Falls A 8. g., He. 1938.. JAD C— l8t.7H,1917.AAO Jack.T. A Key W.,lst6 e ,1914.J*J Jefferson— l8t 58, g. Erie, 1909. AAO Mad.&Ind.— l8t,78,1906.AAO 2d mort., 7b, 1910 JAJ Kanaw. AMlch.. I8t4 g., 1990.JAJ Jett. Kaus.'is C. Belt, iRt, «8, 1H1H..JAJ C. Bridge A Tenn., Ist M.JAJ C. Clinton 8pr. 1 8t,58,1925 Pleas. Hill A De Soto, let. 78. 1907 Kau. Kan. A — K.C.F.8p.&Mem.-l8t.68,1928.MAN K.C.AM. Rv A Br.l 81.5 g,1929.AAO Current River, 1st, .'>s, 1927. AAO Haa« of Vlrvt P««« of QaotatloN*. (.Oul(.Bt.L.AT.-l Bt 68.K.1917.PAA LonlBTllls Southern .: JAJ Manhat. £1., ronaol. 4b, 1990.AAO Bond, Borlp, 4b AAO<i Bid. Aak. 7a FO 79 80 64 114% 108% 70 107 >a 68, 68, 1923 (extension) 1925(.Man| A Weat.). JAD AAO lis 110 113 13A 107% 107 106 105 109 82 65 102 103 101 100 ilOO 99% Memph.A ChHrl.-l8t.7B, lffl».JAJ 118 I 3d mort., 78, extended, 1015.JAJ JAJ Ut consol. 78, 1915 118 110 Ist.conB.. Tenn. lien, 7s,1915 JAJ 115 Gold, 6b. 1924 JAJ lOQ H14 116 3d 68, 1899 MAN 103 Mexican Cent.— Prlor.5B,lB89.JAJ 110 lll>s JAJ 71% Coneol. 48, 1911 36 68 July let con. Inc. 3b, 19.S9 18 82^ 83% 2d con. Inc. 38, 1939 Julv 128 Old letiuort. 78, 1911 JAJ HexlcanNat.— let, 68, 1927. .JAD i03»i 2d M.,8er. A,lnc.,68.1917...MA8 37 >, 8 M13 114 2d M..Ser. B.lnc.,6s.l917.. April 122 {120 Mich. Cen.— Consol., 7b, 1902.MAN 118 73 Consol. 5b, 1902 MAN 107i» 5il2" 113 MAS' 115 6s. 1909 MABi 112 68, coup., 1931 96 JAJ 5 95 Mortgage 49, 1940 ni5 lao J.L.ASag.C(>n8.l8tM,8s,'91.MA8 ioo" 5105 105 >9 MAS do 68,1891 97 99 Joliet A N.Ind.,l8t,78 (gnar.M.C.) 115 95 Del. A B. C, let 8.f, lvti,2 ..MAN 5 94 95 Mldd. Un. AWat.Gap— l8t,58,1911 1131a 115 85 If 2dui. Ine. ."is, 1943 JAJ 28 Ind. Deo.ASp.— lflt.79.1906.A*O 102 >a rnd'iioIlsASt.L.— 181,78,1919. Var. SrO0K3 AXD BONUS—UosTiJCcro. Mntrop'n EL— 1st, 6b, 1908..JA.I 114 3d 68, 1890 MAN 103 N.Y.ElevBted.- iBt. 7b, 190a.JAJ Halne Cent.— Mort. 7b, 1898. ..JAJ i'lT Exten. bonds, 68, g., 1900... AAO |I10 103 Con«. 71,1912 AAO 133 >t »2ia Cons.4>«B. 1912 AAO 108 >« 91 96 Lesda A Farm'gt'n, 6b, 18MJAJ 106 108\ Portl. A K.,Cons. M., 6i, '95JiAO 105 112i« Debentare, 6b, 10-2Pb. 1905. PA A 103 clU4 106 Marlo.A Pbcenlz-lst 68,1919.HAN elOO 1P8 Mar'tBAN.Ga.-lHt,08,g.,l»ll.JAJ <10S 107 Consol., 6k., 1937 JAJ Uarq'tte Ho.A O.— Mar.AO.,8B, '92 101 110 6«,1908 MAS .101 A*0 70 AAO 63 AAO 1920. AAO 100 AAO lom lii'lwnliire e«, 1897 Oon.X 4k, 1921 01*' Nate* at Bailboad BomM. Aak. BnuDton A Texnn Cflnt.— «• K.C.Ft.Scott A G.— l8t.78.1908 JAD (-8 Kan. C. M. A B.- 1st, 58, 1927. MAS Blr.,e(inlp.,6g.,gu..l903...MitS , 100 K.C.St.Jos.AC.B.— M. 78,1907. JAJlU 16 Nodaway Val., Ist, 78,1920. JAU|5l09 Kan.C.\Vy.AN.\V.-l8t58.193'.JAJ e 75 ~ Ken. Cent. " Ky.— (Jold 48, 19S7.JAJ SO Kentucky Un. l8t M.,5s.l92«.JAJ KeokukADesM.— l8t.58,1923.AAO Klns.s Co. El.- Sr. A.,S8, 192.5. .JAJ H;0 2d mort ."is. 1938 AAO Fulton El. Ist M. 58, 1929. .MAS Kings. A Pcm'j.— Ist, 68,1912 JAJ *100 LakeE.AWest.— l8t,g.,58,1937JAJ Lake Shore A Mich. So.— CI. P. AAoh.,new78, 1892. .AAO 931 89»« 2d 58, guar. N. Y. S. A W., 1896. 100 H Mil. Lake Sh.AW.-68, 1921. .MAN 117 F(&A Conv. deb. 58, 1907 1091* Ext. A Imp. 8. f. g. rjs, 1929. .FAA 85 Mich. Dlv., let, 68, 1924 JAJ 82 Aehland Dlv., let 68, 1925. .MAS 111 1911 MAN Incomes, 68, 102 St. P. E. AGr. 'I'r'k, iBt.guar.. 6b. 101 Mil. A No.— Ist, 6e, 1910.. ..JAD 108 JAD IO8I4 Ist, coneol. 68. 1913 95 Mlnn'p. A Si. L.— let, 78,1927. JAD 103 96 103 Ist M., Iowa CltyA W., 1909 .J AD 10708 JAJ 2d mort., 78, 1891 8outhwe8t.Ext.,l8t,78,1910.JAD Pacific Ext., let, 6b, 1921.. AAO J^kJ Imp. A Equip. 68, 1922 Mlnn'p. A Pac, 1st, 58, 1936. JAJ Mtnn.S.Ste. M. A Atl.-lst,4e,lM26 JAJ Consol. 4s, 1939 115 130 72 37 20 I ! . I I Aak. 3dM.e>tendMl,4%B, loss.. MAS 100% 107>« 4th M., extended, 5b, 1030.. AAO 110 9th M., extended, 4b. 1038.JAD 100 101 latooni. l%,7«,g.,1920 MAS IS4 I It 0001. food ooup.,7*,1030 MAS BeorKanlxat'n Ist lien. 6«, 1908 108 I»iig Dnok mort.. 7b, 1893. .JAD 103% . Long Dock eon. g., 6b, 1035 New 3d oon(.6i. 1969 AAO JAD MAN 1033 JAD Fnnded ooanon 9a, 1900 OoldlaooiDe*>ond«, 6b, 1977 Cblo. A BrtelBt4-ft*g.l082.MAN lD0ome9B, 1982 N.Y. AL. Br'ch— lat. Ba, 1931. JAD Collateral Tr. 8a. A H.l8tr.4a.1903.JAT) N.Y.ANorth'n -Ist 8.9a,1937.AAO 2d gold 4B. 1927 N.Y.Ont.AW.-lat.g.,6B,1914>IA« JAD Consol. 98, g., 1939 N. Y. A N. Eng.— lat, 7a, 1909.JAJ JAJ iBtM.. 68.1909 FAA 2d m.,6B, 1902 -5 '92) FAA p.o. tl U £d 6b (scaled N.Y.Pa. A O.-Frlor lleo. 6a. 1899.. lBt78, 1905 do 2d mort. Inc., 9a. 1910 3d mort. Inc., 9a. 1915... §Purclia«er also pays accrued Interest e In London. lOoupon oil. t 108 49% B5 91 "o'iifl 117% 118 110% 111 100% 101 90 100 109 33 4 1 < 3 MAN 96 98 Equip. Trust.. 98.1908 N.Y. Phil. A Nor.— 1st, 1928 ..JAJ 106% 107 AAO 36 40 Income 68, 1933 el03 < 33 3 N. Y.. Pro v. Debenture 6s, 1905 NorrkAPet«rsb.,2d,8e, 118 80. Bide, Va., ext. 5-6b 08%ioa 71 111 118 el 13 el 11 102 102 121 102% Northern.Cal.- lat, 68, 1907. .JAJ AAO Consol. 58, 1938 Northern Cent.— 4%s, 1929.. AAO AAO 2d mort., 68, 1900 Con.mort.,68,g.,oonp.,1900.JAJ Mort. bds., 5s, 1926, series A do 124 "99 102 112% 113>fl 129 Northea8t.,8.C.— l8tM.,88,'99,M.<i8 120 .5IA8 119 2d mort.. 88. 1899 JAJ 105 Consol. gold, 68, 1933 B Cons. M. 68., 1904 Con. mort, stg. 68, 108 108 MAS 1905 series 113 MAS MAN North. Pac. Coast 1st 68 North Penn.— lBt,78, 1896. ...MAN JAJ Gen. mort., 78.1903 68, US 92% 1900 100 2d M.,6Xt. .5-68. ...1900 do do 3d M.. 68, '96-1900.JAJ Va.ATenn., 4th M.,8b, lOOO.JdiJ extended 58,1900..r<fcJ do JAJ 100-year mort. 58, 1990 Debenture , Ills '93.J(fc.J g., 1904. 99 104 113% 114 109 It 8 3AJ J(kJ RR.— let, 68, end. Cant.,'95 . . 107 113 JAJ ..•«• 119 «108 110 106 116% 117 111 111% Union Northern Pac— Gen. .68, 1921.JAJ Gen. land gr.,2d. 6a, 1933. ..AAO 108 Gen. land gr., 3d, 68. 1937.. .JAD 105 JAD 79% 79\ L. G. con., g. 5e, 1989 100 1S'07.JAJ Dividend scrip ext. 66, Pen D'Oreille Dlv., 6e, 1919. .MAS 101% MAN 102 68, 1919 James Riv.Val.— let,g..68,'36JAJ 104 1936.MANI Spokane A Pal., Ist 68, HelenaA Red .Mt.lst,6s,1937.MA9 Dul. A Man., let. 68, 1936... JAJ Mo. DlT. Dak. Exr.,lst.8.f.68,l937.JAD No.Pao.AMon.,l8t,6», 1939. MAS; lu9 Coeur d'Al.,l8t,g., 68, 1916.MA8 do Gen. Ist g., 69, 1938... AAO Cent.Waeh'n, Ist g.68.1938.SfA8 9g.l940.AAO l6i\ 109 ioiii 100 107 103 109 >• 105 101^ 80% 81 Ch. & No. Pac COD. North. P. Ter. Co. -let, 68, '33.JAJ 94% 951a N. W. Nor. Car. let 68, 1938. .AAO Norw'hAWor.- l8tM..68.'97..MAS'51l)9% 107 Ogd.AL.Cham.-0on8.68,1920.AAO| 103% 104 18% 20 Income, 6s, 1920 i5 Ohio I. A W.— Ist pfd.58,1938. .VJ-J 118i« Ind. Bl. AW. —1st, pf.,7s, 190O.. A MIselssippl.— Cone., sinking tund, 78,1838. JAJ JAJ Cons, mort., 78, 1898 2d consol. mort., 7s, 1911. ..AAO iBt.Suringf. Dlv., 78, 1905. .MAN JAD Ist gen .5», 1932 Ohio 119% 110% 110% Ohio River RR.— Ist. 5s. 1936.JAD AAO Gen. gold. 5s, 1937 Ohio Southern— let 68. 1921 .JAD MAN Gen. M. 48, 1921 Ohio Valley- Gen.M., 5 g.,1936.J AJ FAA;5106% Old Oolonv-«a, 1897 JADJi03% 68, 189«. 7a 1894 M**l}iS5.. AAO'}103% 4%s, 1904 . . 114 111 VS 100 103 59 107 104 109 •• 109 JAD|{101% 103 4%8 1997 JAJ }103% 109 48^ 1938 B. O. F. A N. B., 98, 1910 ..JAJlJllO% 118 N. Bedford RR., 7s, 1894 .. JAJ'^lOS-a 106 50 OraahaASt.L.-l8t,48,1937..JAJ Orange Belt- l8tM.,98. 1907. .JAJ .... JAJ e 98 Oreg.ACal.-lBtoB, 1937 Oreg. K'y A Nav.-lst Bs, 1900.JAJ 108 JAD C.msol. mort. 5a, 1935 MAS Collateral trust s, 1919 1919.MAN 184 78, M., Ist Osw.ARome— Ox.AClnrk.— lat, p.A 1. gn. aa.MAa 96 100 110 92 ! lat Interest guar., 68 1037. .MAN «101 7a. g. '97. A Subsidy bonds, 6«, 19ru....MAN'« 99 Panama-SterrgM., AC I Price nominal. 00 111% . 100 85 105 87 105 Clinch V. D., let 58, 1957.. ..MAS 115 118 9* N. Y. N. H. 41 11 98% 118 »7 20% A Boston 7b. 1899. JAJ N.Y.8.AW.-lst refnd.,9B,1937.JAJ FAA 2d mort., 4%B, 1937 FAA Gen. m. .58, g, 1940 119>s MIdI'd of N. J.-lBt,6s.1910.AAO 122 Newl)"g Dutch.A Conn.— Tnc8.1!)77 Norf. AWe8t.-Gen.,68, 1931. .MAN AAO New Klver let 68, 1932 101 Impr. A Exten., 68. 1934. ...FAA AdJUBtment 78, 1924 (J.— M. JAD Equipment, 58, 1908 97 02 Bntt.AE.,newbd8,M..78,'98.AAO 90 93 Det.Mon.A Tol.,lst,7s,1906.FAA 127>i Dividend bonds, 78. 1899. ..AAO 114\ 91 93 Lake Shore, cone. ,cp., let, 7s. JAJ 122 do oonB.,cp.,2d,78, lJt03..J&D H7is ll9i« Mo.Kan.AT.-l8t, g., 48,1990.JAD 76% 76 llOial FAA 40 411a Mahon. Coal RR.l8t,58,1934.jai.l 2d, g. 48, 1990 74% Kal.-V.A Gr.R.-lst 58, 193S.J.* J Kane. C. A Pao. 1st 48. g FAA Lehigh A H. K. eon. 58, 1920 ..JAJ Tcbo A Neoeho 1st 78, 1903.JAD 100 Lahigh Val.— l8t, 6e, 1898. ...JAD no's llli« Mo. Pac—Coneol. 6b, 1920... MAN 105 107 MAN Con. M.,8terling, 6g., 1897.. .JAD 3d mortgage, 78, 1!»06 94 MAS 8d mort., 78, 1910 Trust gold, Js, 1917 M,fe8 131>4 FAA 80 83 124 Con. M., 68, g., 1923 reg Col. trust, .58, 1920 JAD 10318 Lch.V.Ry.ltt 4i.iS, g., 1940,reo.Kii. Lexington Dlv., 5, 1920..... FAA 93% Utchf. CarA West, Istg. 6s.'16JAJ 98 Fac.of Mo.,letex.g.48,1938.FAA 113 JAJ 103% L. Miami— Renewal 5s,1912.. MAN 5112 2d 78, 1891 93% Ver'8Vy.Ind.AW.lsto8.1926MAS :ioo L. Kock A Ft.S.— l8t, 7s, 1905..JAJ 5 93 Little R.A Mein.— l8t.58,1937.M&9 69 Leroy A C. Val., l8t,5a, 1926. JAJ Long Island— let M.. 78, 1898.MAN 114 114>« Car. Br.. Ist 68, g. 1893... .AAO St.L.l'oMt.&So.— lst,78,'92.FAA 103 iBt consol. 58, 1931 Q— MAN 10519 Gen.M. 4s, 1938 90 2d mort., 78, g., 1897 JAD Ark. Br. 1. gr., M., 78, g., 95.JAD 102% • 04% N.Y.AR'yBVli,l8tg.."i8,1927.MA8 100 105 40 2d mort. inc., 1927 Cairo Ark. A T.,l8t,78,g.,'97.JAD S 87 89 N.V.A Man. Beach. l8t78,'97,JAJ Gen. con. r'y A 1. g., 58,1931AAO 112 K. Y. B. A M. B.,l8t con. 58, 1935 MoblleAO.— l8t,K'(l,68, 1927.JAO HI 108% 6s. 1927 Brook. A Mon., let 68, 1911. MAS 110 Ist Extension MAS 65 66 iBtSB, 1911 Gen mort.. 4s, 1938 MAS 105 2d, 58, 1938 8t.L.A Cairo— 4e, guar., 1931.JAJ TAD 100 8mlth.APt.Jeff.,lst.7B,1901MAS loan Mont. A Eufaula, let lis, 1909. JAJ 105% 106% Morg'n'8La.ATex.,l8t,6»,1920JAJ 110.L. I. City A Flu. let 6,s,191 1..MAN 105 AAO 118 124" Lon'T.Ev.A BUIy— lst.68.1926.A&0 10'? 107 let mort., 78, 1918 139% E. R. A E. Di'v., l8t, 68,192].JAJ 103 105 Morris A E8sex— let, 78, 1914 MAN FAA 102% 103 85 2d mort., 2-6e, g., 1936... 80 2d mort, 78, 1891 JAJ H. T. C. A C. 1 HI 68,g., 1927. AAO Conv. bonds, 78, 1900 95 100 AAO 120% Consol. 58, 1939 86 General mort.,7e, 1901 JAJ JAD lao 134 liOiilev.A Naehv.- Con8.l8t,79,1898 iim Consol. mort. ,78, 1915 Ceollian Br., 78, 1907 Nashua A Lowell-68, g.,'93.FAA'}104% 105 MAS 1031* FAAS107 108 R. O. A Mobile, let 68, 1930. JAJ 1161. 118 58,1900 113 Nash.Chat. AS. L.— 1 8t,7a,1913. JAJ 1 25 1« l'.i6% do 2(1, 6h, 1930. ...JAJ JAJ lo7% 110 2dmort.,68, 1901 E. B. AN., l8t68, 1919 jAD iio' Consolidated gold .".e, 1928. AAO: 103% 105% Geol mort.. 68, 1930 JAD II2I4 114 1071» iNew Haven A i>crliy-Gon.58,19 18 Lon'v.C.A Lex.— lst,78,'97 ..JAJ 107 118 119>.i 2d mort., 78, 1907 AAO 120 121 New Haven A N., let 79,1899.. JAJ 120 121 AAO Consol. 6s, 1909 Mem. A 0.,8tl., M.,78, g.,1901JAD fell3 117 4s, let, 1986. .F.SA Junction, 114 N.J. M.Aaark8v.,et'K,68,g.,1902 FAA 111 N J. A S.Y.-lst, 6s, 1910. ..MAN; 104 107 Pensacola Div.,l8t,68.1920..MA8 104% N.J. Southern— lei, 6a, 1899. .JAJ Bt. Luuls DlT.. iHt, 68, 1921 .MAS 112 do 65 N.O. A Northeast. -Prior 1.6B.1915 ...... 2d., 38„ 1980. MAS ACan.-£M..6s,g.,1904.MANi!ll3 115 N.Y Bash. A Deo., let 78, 1900... JAJ iii' 101% N.Y.C.A Hud.Kiv.— Exl'd58. MAN lOO'^ 80.ANo.Ala., 8. F. 6e, 1903MAN 101 JAJl 12«i« 127% 78, 1903 Istcoup. Ten-forty 6«. 1924 MAN 100 Debenture .58, I'-Si 1904.. .MAS 102>9 RO-vear gold, 58. 1937 MAN 58, 1899 1904. ..MAS do Unmed48, g.,1940 JAJ 78 97% 4s, 1H90-1905...JAD do 101 l-enea. A Atl.— lBl,68,gu,'21.FAA 121 68, g., 1903. ..JAJ ell9 Bterllngmort., Col. tr., gold, fia, 1931 MAN 09 99% 89% 89^8 N.Y.Chlc.ASt.L.-l8i.48,1937.AAO 110 B. AN. Al. g. f. Us, 1910.. .. AAO «107 25 35 let UM. Inc. 6a Greenw'd N. Y. A B.AN. Al.Cnnsol. 58. 1936.. FAA 100 6 12 2dmortgaKe Income, 6b 97'4 Nash.F.AS.lBtgd. g.5»,193T.FAA 120 11H% 79.ooup.,1900.MAN N.Y.AHarloiu— ti'sv.N.A.A Chic— lsi,68,191('.JAJ 108 129 93 > In.Y. Lack. a W.— l»t.6«, 1931. JAJ Con. TEori. 6b, 1916 A.fcO FAA i08% 2nd, 58. guar., 1923 General m. g. 58, 1910 MAN 80 82 Ind'ap. Dlv., 68 gold, 1911..KVA lr3 1C5 N. Y. Lake Erie A Western113 114 1897 MAS 7e, let M., ext. Lo'tsv.N.O.ATex.— lNt,48,1934MA8 86 2d mort. e»teDde(l,58,1919.MA8 113 2d mort., inc., .58, 1934 MAS , BAtLIOAD Bom*. N.Y. Lake Erie A WMt.-fCniit'd.) In Amsterdam. ; In Frankfort Germany. lOS 100 104 100 THE CHRONICLE. 932 [Vol. Lll. GBN-BRAL QUOTATION'S OF STOCKS AND BONDS— Go.VTmaBD. For Bxplanatlona See Notes BAn^OAS BONDS. Penn. Bid. BE— aen.M,68,cp.,1910.J&J Cons. M.,68,cp.,'05.J.15&D.15 CoUateral trust, 4ias, 1913. -J&D MAS Consol. 58, cp.,1919 Q— Equip. Tr. 48, series A 1907. .Q.— coup., Penn. Co., 6s, Penn. Co.lst M.,4»«s,1921,r.J&J Fenn.& N.Y.Can.-lst.78,'96.J&D J&D lstmort.,78, 1906 & RE. confol. 48. 121>t 07 111 el 03 104 104 el 109 105 106 105 117Js A&O 1939 J&J Penn. * N. W.-58, 1930 45 Pa. P. & Bost.— Ist, 68, 1939.. J&J Pen8.& Atlantlo-l8t. 68,1921. F&A 100 JcSJ Peo. Dec. <fe Ev.— Ist, 6s, 1920. MAN 68 71 2draort»irage. 58,1926 Evansville Div.,l8t 6s.l920.MA8 lOlia 103 74 «i 76 Peoria <fe Eastern-Cons. 4s. 1940. leifl 22 Income 48, 1990 Peo.A Pekin Ur -lst,68,1921.q-F 110% €0 67 MAN 2d mort. 4158, 1921 . Perkiomen— Istser. 1918 Q-J lOlis ioo' .Q.— 58, 1926.J&J 105 •« 104 A&O 58, 2d series 58. 1918 Petersburg -Class A, Class B,G8, 1926 Plilla.&E.-Gen.»fuar.,68,g.,'20.J&J A&O A&O 7s, 1897.. A&O Phila. & Read'g— Ist, 68, 1910.J&J A&O 2d, 78,1893 General 58, 1920 General 4s, 1920 Sunb. & Erie— let, 110!!i 99 112 123' 106>ii 126 Con801.M.,7s,1911, reg.& op. J&L> 126 J&V Consol. mort., 6s. 1911 Improvement mort. ,68, '97 A&O 104 IOOI4 Cons. 5s, l8t8eries,1922 Deferred income 6s New gen. mort., 48, 1958... .J&J 78»s 79 52k 55 1st pref. inc., 58, gold, 1958. ...F 38 36 2dpref. Inc., 5e, gold, 1958... .F 27 >« 27 Sdpref. inc., 5s, gold, 1958... .F 31 3dpref., inc., 58, convertible. ..F lOOij Phila. Wll. & Bait.— 68, 1892. .A&O 5100 A&O 51O8IS 110 68, 1900 J&D ilC5ii 106i» 5s. 1910 . Trust certs. 4s, M&N M&N 1922 Pied. & Cumb.— 1st, os, 1911. F&A Pitt8b.C.& bt.L.— l8t, 7s. 1900.F&A 1 1 Pitt8b...,i.&Tol.— 1st, (>8, 1922. A&O 105 Pittsb.&Con'Usv.— l8tM.7s,'98.J&J Sterling cons. M. 68, g.,guar.J&J eliO Pittsb.Ft.W. &C.-l8t,7s,1912Var 2d mort., 7s, 1912 Var 3d mort., 7s. 1912 A&O 130 Pittsb. June. Ist Cs, 1922 J&J 115 Pittsb. & Lake E.— 2d,58,1928 A&O 5 Pittsb. McK.& Y.— lst,6s,1932.J&J 115 Pitt8.Pain.&F.— l8t,g..5s,1916J&J Pitts.Shcn.&L.E. Ist 58,1940. A&O 78ia Pittsb. & West.- Ist, 4s, 1917. J&J Pitts. Y. & Ash.- lst,5s,l".>27.M&N lOj 98 100 HI 115 128 lHh Ashtabula & Pitts. — ist 6s. 1908 Portl'nd&Ogb'g- l8t6s,g.,1900J&J 5112 PortRoyal&Aug.— lst,6s,'99.J&J 106 Income mort., 68, 1899 J&J 115 Ports.Gt.F.&Con.-4i«R,1937.J&DS102'4 Pres. & Ariz. Ist g.68,1916.J&J 2d inc. 6s, 1916 J&J Prov.& Worces.- 1st 6s,1897.A&0 Raleigh & Gaston— 88, 1898. ..J&J 115>s Een.&S'toga- l8t7s,1921oou.MAN Rich &Dan.— tten.m.,68, 1915J&J 112 Debenture, 6s, 1927 A&O Con. mort. gold, 5e, 1936. ..A&O Equip. M. 8. f. 59, 1909 M&8 e 86 Elch.Fr.&F.—Con8.4is8, 1940. A&O Rich. APetersb., ds, 1915. ...M&N Rich. York R. & Ches., Ist 8s, 1 891 106 2d mort., 68, 1900 M&N 100 Rich. & West Pt.Ter., 6s, 1897. F&A 93 Con. col. trust, Ist, 58, 1914. M&8 65 Rio Grande West.. I8t4s,1939. J&J 76^ Kio Gr'de Junc.l8teu.58,1939.J&D Rome & Carrollt.— Ist, 6s. g., 1916 102 Borne Wat'u&0.—8.P.,7a,1891. J&D 100>9 2d mort., 78, 1892 J&J 101 Consol., extended 58, 1922. A&O 108 Rutlanu— 1st M., 68, 1902. ...M&N 10;!s Equipment, 2d 58, 1898 F&A S 99 84i6 8t.Jo.&Gr. Isl'd— l8t,guar.68,1925. 2d mort.. Incomes, 5s, 1925 Kan. C. &Om. 1st 58, 1927. .J&J .... Bt.UAlt.&T.H.— lstM.,78, '94.Var 108 2d mort., pref., 78, 1894 Var loa"* 2d Income, 78, 1894 M&N »lv. bonds, 1894 C— 135 97 do 2d, Income 6s, 1931 114 108 122>« 102 S 145 114 100 85 88 65 H 76% 88 108 >« 108 99 i« HOI4 102 84 77 78 j&j 27 29 ...F&A ellO 120 2d,g., inc. 48, 1989 & iBt m. Mo. W. 68, 1919 Col. Trust, 6, g., 1920 7s. 1895 General mort.. 68, 1931 General mort., 5s, 1931 Ist trust, g., 58, 1987 . .F&A »llo J&D 100 J&J 103 J&J 91 A&O Kan.C. &Hw.,lst,68,g.,1916..J&J Ft.8.& V.B.Bd.,lBt,6s, 1910.A&O 92 8t.L.K.&8o.W. -l8t68, 1916M&8 Kansas Mid.— 1st, 48, 1937. J&D 8t. Louis Salem & Arkansas-Ss ) 94>« Bt. L. W. & W., 6s, 1919 M&S Bt.L.Vand.&T.H.-l8tM.,78,'97.J&J 111 2d mort., 7e, 1898 M&N 105 2d. 7b. guar., 1898 M&N 107i« * Filoe nominal, i 5s, A&O A&O M&N Railroad and Miscel. Bonds. Ask. 1931. F&A Wabash-lst gold 58, Bid. .M&N 1939. Ask. 9714 95 98 2d gold 58, 1939 F&A 74 »i 75 Deb. mort., series A, 1939. ..J&J 114 2d 68.1909 Deb. mort., series B, 1939. ..J&J 35 38 113»« I14I11 .. Dak. Ext., 68. 1910 St.L.K.C.&N. (r.est.&R.),7s.M&S 10414 10»i« 115% J&J 1st consol, 69, 1933 do 8t. Cha's Bridge 6s, 1908 101 no Ist consol., reduced to4'«8 ..J&J do No. Mo., Ist, 1895. ..J&J Montana Ext., Ist, 48. 1937. J&D 841s West Cliester— Con. 7s, 1891. .A&O Minn's U'n, 1st, 68, 1922 ....J&J 112 W. Jersey A At. 1st M.,68l910MAS idsH 115 Montana Cent.— Ist, 68, 1937J&J West Jersey -1st, 6s, 1896 J&J lOSH East'n,Minn.,l8t,g.,5s,1908.A&0 ^ lstM.,78, 1899 AAO 119 St.P.&No.Pac.-Gen. 68.1923. F&A 117 102% West Shore— Guar. 4s, 2361... J&J 60 4anAnt.*.\.Pas8.,lst,6s,1916.J&J West Va.C.&Pitts.—lst,6s,1911 J&J 10714 108 65 J&J Ist, 6s. 1926 West Va.&^itts.-lstSs, 1990. A&O elOO 102 100 San F.& N.P.-l 8t,5s,g.,1919. J4J West.Maryl'd— 3d en.,68, 1900.J&J SMidnskyMausf.&N.- Ist, 7S.1909 117 99 100 West.N.Y.&Penn- l8t.5s,1937J&J 87 27'* 28i» Sav.Am. &MoD.con.,6,g.,1919.J&J 86 2d m., 38 g.— 5e sc. 1927. ...A&O 110 107 1»T. FI. & W.— Ist, 6s, 1934. .A&O 5105 Warren & Frank., l8t,7s,'96F&A At. & Gulf, con. 7s, 1897 ....J&J 105 W'n No.Car -Con.68,guar.l914. J&J 101 102 80. Ga. & Fla.— Ist, 78,1899.M&N 110 *Ve8t'nP«nn.— 1st M ., 68. '93 A&O 102 2d, 78,1899 M&N 105 110 J&J 106 Pitts. Br., IstM., 6s, '96 73Ji 7414 Scior.V.&N.E -lst,g.,48,1989.M&N Gold 4s, 1928 J&D leaboard & Roan.- 6s, 1916. .F&A Wheeling* L. Erie— Ist. 5s,... 1926 104 .... 106 58. coup., 1926 J&J Wheel. Div., 1st, 5s, 1928 .. .J&J 100 9914 93% 3eat.L.8.&E.— lst,gold.68,'31.F&A Exteus and Imp. 5s, 1930. .F&A iham. 8un.& Lew.— lst,58,'12M&N 101 Wilm. Col. & Aug., 68, 1910 ..J&D 114 3ham.V.& Potts.— 7s, ecu. 1901J&J 120 Wilm. &No.— Ist, 5s, 1907-27. J&D iieij iiien.Val. -l8t,78,Tr. rec.ass.J&J Wilm. & Weldon— 7s, g., 1896.. J&J Gen. M., 68,1921 Tr. reo.ass A&O 58, 1935 J&J ill 112 Incomes, 6s, 1923 Winona&S.W.—lBt,65.g., 1928. A&O 60 Shreve. & Hous.— Ist, 6s, gu., 1914 Wiscon. Cent.Co.— lst,5sl937.J&J ...... 93 110 3odu8 Bay& So.— l8t,5s,g.,1924J&J Incomes, non-cum., 5s, 1937 23 35 9o. Cen. (N.Y.)— Consol. mort., 58.. Wore. Nash. & R.— 5s, •93-'95. Var. 5100 108 3o. Carolina— IstM., 68,1920. .A&O a;106 Nash. & Rooh.. guar.. 5s. '94. A&O §100 2a mort., 68, 1931 J&J 80 MISCKl,l.Al<iKOUS BONDS. 22 Income 65, 1931 Amer. liellTeleph'e-7s, 18^8 F&A 3o. Pac.Arlz.- lst,68,1909-10.J&J 102 Am. Cot. Oil-M. g. 8s, 1990. .Q-F 80 Pac.Cal.-l8t,68,g., 1905-12 A&O 1121s Am.WatcrW'sCo.— lBt68,1907.J&J Ist con. g, 5s. 1938 A&O 9rf let con. gold 58, 1907 J&J So. Pac. Branch— 6s, 1937. ...A&O 106 Amer. Steamship- 68, 1896. ..A&O 93 So. Pac. Coast— Ist gu., g.. 4s, 1937 Bjoueville Bridge 7s, 1906.. .M&N So. Pac, N. M.-lst. 6s, 1911 .J&J 103 Boston & Montana— 78, 1S98..J&J Spok.Falls&N.— lstG8,g.,1939.J&J 100 Boston UnltedGas— 58, 1939..J&J 110 State L.&8uI.-l8t(J8, 1899. ..J&J 2d 5s, 1939 J&J Stat. Isl. R. Tr.— l6tG8,g.,1913.A&0 ,112 118 Cahaba C'l Min.- Ist g. 7s,l 907. J&J 2d mort. guar. 58, g., 1926. ..J&J Ches. & Del.Can.— Ist 5s,1916. J&J Steuben. & Ind., 1st Ss, 1914. .J&J 105>i Ches. & Ohio Canal— 6s J&J 9inb.Haz.&W-B.— l8t,5s,1928M&N IO2I4 Chic. GasL. &C.-C. OS, 1937..J&J 2d mort., Gs, 1938, reg M&N 98 Chic June. col. g. 5s, 1915 J&J Sonb. & Lewlstown, 7s, 1896.. J&J 11214 115 Colorado Coal & I— 6s, 1900. .F& A Susp. B. & Erie June— Ist 78, 1900 5110 114 Col &Hoek.C'l&rn-g.68,1917.J&J Syr.Blng.&N.Y.—con8ol.78,'06A&O 12014 130 Comsfk Tun.— 1st in. 4s,19 19.M&N Syracuse St. R'y.—lst,53, 1920. J&J Consol. Gas, Bait.— 68, 1910. .J&J TerreH & Ind.— Ist, 7s, 1893 A&O 102 Consol. 58, 1939 J&J Consol. mort., 5s, 1925 J&J 101 Consolid. Coal-Conv. 68.1897.J&J Terre H. & Log'pt.— Ist.gu., 6s.J&J 101 Edison Elee, 111. Co.— Ists. 5s. 19 Ist and 2d, 68, 1913 Eq.G'f&P..CUic-lstg.6s,1905.J&J J&J 99 r«x. Cent.— l8t,8k.fd.,7s,1909M&N 45 Gi'dR.Cl.&C— lstg.6s,1919 A&O Ist mort., 7s, 1911 M&N 40 45 Henderson Bridge— 68, 1931.. M&8 Texas & New Orleans— l8t,78. F&A Iron Stc.tmboatCo.-Gs. 1901. J&J 74 75 Sabine Div., 1st, 6s, 1912... M&8 ioii« Laclede Gas. St. L.— 5s, 1919 Q— r«x. & P. -East.D.lst 6s,1905.M&8 t*highC.&Nav.— M.4iss,1914.Q— 1071s Ist gold, 6s, 2000 8714 J&D 87 Q-F 108-4 RR. 68, 1897 2d gold inc., 5s, 2000 3214 M&S 1031s Mch 32 Convert. 6s, 1894 Third Avenue 1st 5s, 1937. ...J&J 15 J&D 112% Mort. 6s, 1897 1121a Tol. A. A.&Cad.— lst.6s.l917.M&8 82 J.&D 1231s Consol. mort. 7s, 1911 rol. A. A.&Gr.T.— lst,6s,1921.J&J 106 110 Greenwood Tr. 7s, 1892....F.&A 101 9914 100 Tol. A. A.&M.P.— l8t,6s,1916.M&S IOOI4 Q— Gen. mort. 4148. 1924 Tol.A. Ar.&N.M.— lst.6s, 1924.M&N 94 MIn'p's St. R'y Ist con.58.1919 J&J lit consol. 58, g. 1910 Mut.Uu.Tel — Skg.fd.6s,1911.M&N J&J 81% Tol. & Ohio Cent.— 1st, 58, gu.l935 104i< 103 Nat.St'rchMi'.Co.-l8t,g.«JB,'20 M&N Tol. & O. C. Ext.-lst, 5s, g., 1938. New Eng. Telephone. 6s,1899. A&O 102 IO214 Do do guar... New Eng. Terminal. 58, 1909. F&A 21' Marietta Min., Ist, 6s, g., 1915.. 24 95 100 New Orleans Pac— I and grants. Tol.Peorla&W.— l8t,4s,1917....J&J 75 14 N. Y.& Ont. L'd-lstg. 68,1910. F&A 96 74 Tol. 8t.L.&K.C.,l8t,6s,1916...J&D 90 Ist g.Cs, 1920. &I. 85 N.Y. &PeriyC. Troy & Boston Ist 7e. 1924. ..J&J Northw'n Telegraph-7s,1904 J&J Ulster & Del. con., 5, 1928....J&D Ocean SS. Co.— 1st 6s, 1892. guar.. 102 103 97 Is 99 United Co'sN.J- Gen.68,1908.M&S 12214 Oregon Imp. Co —1st 68, 1910. J&D do gen. 48, 1923 A&O 65I4 66 F&A 102 Consol. 5s, 1939 do gen. 48, 1929 J&J 63 65 M&S ^104 1061s Penn. Canal— 6s, 1910 sterllngdo M&N 101 Ij 101% 6s, 1894 M&8 Penn. Steel— 1st 5s, 1917 do People'8G.&C.Ch.-lst,6,g.'04.M&N 68,1901 M&S Colon Paciflo-lst, 6s, g, 1896. J&J IO914 J&D 100 1904 do 2cf 1st, 6s. 1897 Peoria Water Co. 6s. g.. 1919. M&N 100 J&J 110% Ist, 6s, 1898 Phila. Co.— 1st 8kg.fd.6s,1898.J&D J&J 112 113 1st, 6s, 1899 Po'k'psie Bridge-lst 6s,1936 F&A '4614 40% J&J 1131a Sink. F., 8s, 1893 M&8 lOSie Proctor & Gamble 1st 68. 1904 Ojo. Bridge, sterl. 8s, g., '96.A&0 elll St.L.B'dge&Tun.— l8t7s,1928.A&0 el26 i'so" 115 Collateral trust, 68, 1908 Tenn. Coal Iron & R J&J Collateral trust, 5s, 1907 A&O 92' 90 J&D Tenn. div. 1st 6s, 1917 Collateral trust lijB, 1918.. M&N 95 Blr. div. 1st con. 6s, 1917.. ..J&J 68 Equipment Trust 5s A&O t 92 93I4 W'n Un.-Deb. 7s, 1875-1900.M&N Kanb. Pac, Ist, 6s, 1895 M&N Deben. 78,1884-1900 F&A 108 109 99 1» J&J do iBtM., 68, 1896 CoUat. trust cur. 5s, 1938 J&D 1071s do Den. Ext., 68,1899.MAN 110 Woodst'ck Iron— Istg.Gs, 1910.J&J do 1st cons. M.,6s,1919 M&N 1061s 10678 STOCKS— KAILKOAD. Par. Oen.Br.U.P- A.&P. P.6s,'95 M&N 105 9 10 Ala. Gt. South.- A., 68, pr6f.,.*10 e £10 e 3 Fund, coupon 78, 1895 ...M&N 100 4 B, common Atoh.Col.&P.,l8t,Gs,1905Q.— 1% Ala. N. O. &Pao., Ac, A, pref. £10 e 78 B, def..«10 At.J.Co.& W.,l8t,tis,1905.Q,— do do 3e U.P. Lin. & C, l8t.g.,5s'18A&0 35 Alabaaia&Vicksbnrg 68 73i« 74 Oregon Sliort-L. & U. N. Consol.. Albany& Busqueh., auar.,7...100 160 170 Collat. Tr«8t5s, 1919 M&S 70 73 Atchison Topeka & Santa Fe.. 100 32% 32''» Oregon Short^L., 68. 1922 .. F&A 101 94 96 Atlanta & Charlotte Air Line ..100 Utah 80., gen., 78, 1909 100 109 110 J&J 102 1021s Atlanta & West Point do Ext,l8t,78,lS09J&J 101 100 5>« Paoltlc 5 & Atlantic Utah A Nor.— iBt M.7e,1908.J&J 101 Augusta & Savannah, leased... 100 131 135 Gold 58, 1926 100 Ohio 85 80 & Baltimore J&J 82 U.P.Den.AGulf con.,5.g ,1939.JAD iBt pref.,6....100 130 do 72 73 Den. Tex. G. 1st, g. 58, 1937 100 116 118 2d, pref do 71 74 lOJ U. &B1. B.— Con. 48, g, 1922. .J&J 100 2% Bait. & O. S. W.— pref 103 guar 60 75 UticaCUn.ABing.l8t5,1939...J&J §• Beech Creek, 110 Valley of Ohio— (5on. 68, 1921. M&S pref 100 135 140 "' BeUevUle & 80. lU., Ver. & Mass.— Guar. 58, 1903.M&N 105 >s 106 100 200 201 Boston * Albany Vlcksb. 8h. & Pac. -Prior lien, 6s. 100 174 175 Boston & Lowell Va. Mldl'd.— lstser.,68, 1906. M&8 100 19514 196 Maine Boston & 2d series, 68, 1911 .100 149% 150 do Pref m&8 do lie's pref.. 3d series, 6s, 1916 .. . 100 Alr-Une, M&S Boston & N. Y. 109 4th series, 3-4-58, 1921 100 233 254 M&8 Boston & Providence 85 5th series, 58, 1926 Lynn.. 100 1831s 185 Beach & M&S 99% 100 14 Boston Revere General 58, 1936 1 00 26 .29 M&N 81 83 Brooklyn Elevated Pittsb do 100 331* •34 guaraiiieed, Btamped & Buffalo RochestiT 82 85 2d mort.. 8t 58, 1917 100 lC2is P.Minn.&Man.— 1st 78,1909 J&J 114i< . . . . . . . 1 . . ! 18% 67 H 67% Bt Louis Equipment & Duluth—l8t, m Garb. &Shaw.,l8tg.48,1932.M&8 1 stTrust Receipts 2dm..6B, 1936, all ass'tso'd.F&A Bt. L. So. W. lit, g.. 48, 1989.. .M&N & Ban Francleoo— 2d 68, ol. A, 1906 M&N 107 2d M., 68, class B, 1906 M&N 107 2d M., €8, class C, 1906. ...M&N 107 6t p. Bid. . 108 105 ..M&S Bt.L. Ark.A Tex. of First Pagce of Qaotationa. ' 110 106 105 55 BeUev.&8.IU.,lst,8.F.88.'96.A&() 11214 114 Bellev.& Car., Ist 68, 1923. .J&D Ch.8t.b.&Pad.,lst,g., 58, 1917 Bt. L. 8outh., Ist, 48, 1931.. M&8 Head RAILROAD BONDS Ask. 128 at Purchaser also pays aooraed Interest. eInl/ODdon lOoapoAoO, « Price per share, t m auibu,..; |^ I U Fraukfort. Jura h THE CHRONICUL 20, 1891.] G5MS«.\L qUOT.VnO.VS OK" For «pUnmtlon« n— Wof« ! BAILROAO BTOOKa. Kncli.AP..pf.lOO B. C. K. A North.. TOO Alk. Uttle £0 79 40 13 1} .ou. Buflr. 100 Camitcn AAtlantlc.nO do do Pf BO Canailn Sontliern 100 Ch ladtHu Pantflo. 100 CtHwlHiia AU CBllfcirnltt Paiilllc ilo Int pf..^O do 2dpret..50 49>4 79«. do e 108 )8ii 37 110 80 I 31 East. do A Mil. do 111. 37»s 112 aiHi ^eiiiph.A ..100 A Green.,piei.lOO H. Val. ATol.lOO Col.AXen.,Kuar..8 SO Con. A Montreal— 20 26 Cl.KH.C.&M.pf.lOO 133 26i« 178 133>4 159% 1«« Class IV. (Cuuc.)lOO Con.APort8.,KU.,7 100 77 118 reiM B. I40>t >« 106 I 81>. » 74 50 SS do 54 >t 87 A Ind'nap.SO 90 7.AN.Eni;land.l00 35 Pref.lOO 100 ij do N V N H.AHartf.lCO N.Y.ANorth.,coai.lOO 17' do pref.lOO NY. Ont. A West. .100 16^ N. y. Phil. A Norf.lOO 10 N.Y. Prov. A Boat. 100 N. V.Busq.A 76 do WesfnlOO Pref.lOO News AMlS8.Val.Co A bound Br'klOO 180 168 N irf.AWest,, com. 100 Delaware* Hud. .100 12914 130 do pref. 100 Del. Lack. A West. 80 135%136 Ni. Pennsylvania.. 80 Del. A New Jing...lOO Northern Central. .80 Denv. A Rio Gr.... 100 8' 15>s 16>4 Northeastern 49 >4 8 « 12 A 8. W.lOO A Worth.lOO Det. Hills. do pref.lOO Dnlnth S. S A Atl.lOO do pref.lOO E. Tenn. Va. « Ua.lOO do 1st pref. 100 do 2di)rel..l00 Eaet Pennsylvania. oO 34>sl 4\ 11 8H 52 131s A (,'ol.AHock.C. AT.IOO 7>4 28 1.100 Consol.Coalof Md.lOO Home.'^take Min'g.lOi) 53 3514 LebUb A Wllkesb.Coal .Maryland Coal. ...100 101 240 iMInnesota Iron ...100 New Central Coal 100 ' '21' . 7% 29 I4% 18>4 .-.a TRUST 10 4l% 160 107 no ^ m 16 17 70 U>s I < Union United states 5«s WasUlnnton sm 1-80 9ft 92>s 53 95 7 10 400 4->0 1000 725 230 180 • ISO 750 250 190 .•• l«ft 180 200 115 263 193 320 280 2.^0 KiO N. Y.LIfeATrust.lOO 700 18 N.Y.Securtty ATr.IOO 195 19 72>s Peoples', Brookiynl 01 2 8 Real Estate L.A T. 100 185 11 State 100 200 40 30u 6» S3 ro»f» Am. Loan A Trust. 1 On Atlantic 100 Brooklyn lrust...l00 Central 100 Ootlnental 100 Farmers' Loan ATr.28 Fr.tnklin... 100 Holland 100 Kin.18 County 100 Knickerbocker 100 Island Long 100 % 30 3.5 3S>8' .Manhattan 100 15 "4 .. ... .Mercantile Metropolitan 100 •ii. 30 yassau 100 ID'S 12 100 785 10c 795 .100 175 .••>•• 302>» 212 160 2ia 850 805 nis4;'i.L,ANEO(is 37>« STOCKS AND TKtSTS. 34 90 Adams Exptess...lOO 146 14S Am. Bank Not« Co..50 36 39 Am. Cotton Oil. ...100 23 >s 23>*. ELECTRIC LIGHT, 80H 80% 63% 6 4 >3 Brush, Bait SS>t 100 200 201 100 48's 49 ICO 23 • Tropical 39 Min'g.lOO Pennsylvania Coal. 50 250 8 Quicksilver Min'g.lOO 3eJ« oref.ioo do Tenn.CoalAlronColOO 33Hi do pref.lOO 87 811. 120 SOI« Am. Cable Hudson River Mexican .IO 1-35 N.Y.A New Jersey.lOO 93 New England 100 50 jN.Y.APerryC.AI.lOO 16% Ontario 5:^ 80. Erie dec. 50 60 100 Brush Elec. Light. ..50 43 50 Sortli'n N. Hamp.lOO 136 Brush niumlnat'g 100 50 13S Vorth'n Fao., coin. 100 33 48 6 24'8 24»8''<^'<>h80l'<l"ted 100 do Pref.lOO 2 4 25 67% 68 Con. Eleo. Storage. Sorw. A Worcester, loc 180 ISO's Edison Gtn. Elec lOu 100 lOJ 77 78 Oi(d. A L. Champ. 1(>0 41* Edison III. Co. of N. Y. 87 6 73 Ohio AMI88 100 76 10 Bklyn 18 19%;| 50c. I.OI Pref.lOO 38 do Edis'n Phon.ToyMf .Co. 100 Ft. Wayne Elec.Oj..'.«S t 12 12 "4 8\ O uo Boutbem Old Colony ICO Julien Electric Co. 13 100 1 Om.ASt. L Do Traction Co 6 do. pref.... 100 Spanlsb-Amer. L. A P 60 Oreg. R'y A N*v 100 Thorn.- H. Eleo.Co...25 » 43I4 4i" 18 do pref. .25 < sst 26 83 >s Or. S. L. A Utah N.lOO do T.S-oSer.C.lO U9 Pennsylvania KR. .50 do Penn. A Northwest. 50 do Ser D Pensacola A Atlan.loO Thom.-H. Internat. lOO 50 ^eoria Deo. A Ev..lOO do pref.. 100 12.^' Peo. A F.a8tein....I00 Thorn. Welding Co. 100 Eiirop. Petersburg do W.Co.lOO 100 18 U.S. Electric Co.. 100 50 76's Phlla. AErie Ocrm. Illumiu.it.Co.lOO 40 SO Phil. A Nor. .80 U.S. 23 Westinghouse El. L.50 < 12% Piilla. A Read. cert. 50 75 . do pref. 100 Dee M. A Ft. b'ge 100 do prel.ioo Det. Bay City A A. 100 Colorado Coal 19% 20 fOij N 175>« N. Pf-,KU.,8.50 A Hariein 5C if.Laok.AWe8t...l0o Y.L.FrleA West. 100 do Pref.lOO V. A I Divld'nd obligations pref.. ...aaaa nifiitih, TKLKPHONE. 50 Jersey SO V'ust Jersey A Atl. ..50 VHBteru ^Iaryland.50 ! of American BcU (B.)«it.)...80 *ll. Columbia A A. 1 00 Wilmington A Nor.. 50 *llm.AWeiaou,7.100 'J'f 1 pref. (Bos.) West. N.Y.A Poun.lOO 100 Wheel. A L. E pref.lOO do ia«ii BO 17 • infest 103 44 1 I 1 «»• Commer'l Cable Co 00 105 Fntiiktin 100 23 ^<tock 100 98 100 300 St. gair 50 83 P*«lll A Atlantlo... 80 Postal Tel. ("able 28 South'n A Atlantic. 23 75 Western Union 100 81 . . . N N N Cent. UtIoaABlackRiT.lOO do. •'• U>% A UK'KLVIV rj-cpf Vc.A Ma8s.,l'sed.e.l00 VlrKlnla Midland 100 jWabash RB 100 pref. 100 do -Wan'n(N.J.),lVd,7.80 West En IS • lOO TBLKtiltAHII. Tel. A Cubic. 100 Amor. a. If .J. BR AC. Co. 100 anion Paelflo 100 Pao. Don. AO.lOO j 73 75 Lorttt SrrnrilieM in ClIliriKIiI.K ('//n wrtk Tol.8t.L.AK.CIiy..lOO pref.. 100 do i • 4*k ilOHMK KHH. I>>wl8t'n.ro llln. N uiliua A Ixiwell.-lOO 200 201 N.iugatiick 100 «247'4|2i0 N squehoulnx Vall'ySO Niw Il'n A North. .100 N.w Jersey AN. Y.lOO N.V. A lis 13% 9an KrHTiclMco Oas .. Wa«iri'ni Cltvo. I, 20 ' rol. AOIilo<'cnt'1.100 Pref... 100 do To). Poor. West. 100 Morris AE'x,gu.,7.5c N*»hy.f;lmt.A«t. L.25 Nusli. A Decatur. ..28 Salem. Maai rttxaaAPaoinclOO fol. Ann .\rlior A N.M iiO 101 A Sitnb'rr . Del. Det. Lan. 15 8 100 VlsooDSlo Cent. ColOO Sew London Nor. 100 148 Pref.lOO do N y.Cent.A H.Rlv.lOO 100 ifl 101 W.ir.Nash.A Roch.loo 6 12 201s N Y.Ch.A8t.L.newl00 nilVINO A GOAL 13 «3>4 do 1 St pref.lOO 65 STOCKS, N.Y. 68 2il pref 100 94 do 27 29»4 Cameron Ir.*v CoallOO Col. Col. „ 24 '. 1 Mloli., gn.. 73''( Bid. « Portlanif, Me.. G. L.SO St. Lonbi LaolMlfl.ino: do pref. 100 . 80 A\. &. Col. 100 29 Cleve. & Canton.. 100 5% do 20 pref. 100 0>\ Cley. C. C. 4 8t. L.lOO Ul pref.lCO _ do Cl.APlM.,gnar.,7. 81' 144 148 A PbUa.Ca. Ilat.Gae.ftO PlltoharcOaaCo ..SO . . . •lo UlMBt. SroCKt. Paal A Diilnlh.lOO Paul A Dul. Pf.lOit St,. P.Mnin. A Man 100 Shore Linn. 100 Snntb Carolina ...100 South. Cal pref... .100 Southern Pa4'.('o..l00 S'WMt..Ga.,K'd.7.IOO laiumit Branch. Pa. 80 Ht. 81. 00 100 112 28 80 t.'liarl MuosL. Stocks OR 98 38 63 IS Prof.. 100 Miirylund Ct>ntral..B0 vfaj*sawlp)>l 4m , H. AOnt.. .100 do (iO CWo. A Nortliw'n.lOO 106 ll06»e, do pref., 7.100 133 138 723* 72'« Chlo. K. I. *Pao..lOO 23 >4 24I9 C.8t.P.M.&o..conilOO do 80 88 pref. 100 CWo. & West MlcU. 100 42 Cln. Ham. & Dar.lOO no lis Cino.N.O.A T.Pa'c. 100 «0 •Cln. Sand. & C.pf 8.1 50 53 Day. Vlarq. . pref. 100 Conn. A Passump.lOO Connecticut KiverlOO Cons, of Vt., pref 100 Current River ICO Danbury A Norw'lk.50 94 26 KvaliH.ASt. h.lOO do Pref.lOO «ta<n«iloii<. Aak I 8t. P.IOO pref.. 100 Clevel. liong Inland Bid. I.. B')VDS-0>VTr!»OBi>. ) P»« of H»«<l of rir»* Mexican Central ..100 1S\ 20 vlexloanNBt.pT.R.lOO Vlloblgan Cent 100 89 16H 17 47i« 48-% tlU. Lake 8. AW. .100 71 74 28 >! 80 do pref.lOO 101 104 124 126'« Mine Hill A8. H....80 66% 67 KlnneapA 8t.L...100 4>a do Pref. 100 8 89 Mo.Kan.*T.,'X. 2dM. 14H i.-m pref... 100 2a do 24H gii^ 92 Hi >»l880ur< PaclHc. 100 68% en 'a' 0I>« 8<°e: MiblleAOhIo 100 42 43 ll2>a 113 M irgan's La.ATex.lOO 20 do 2d pref. 100 CliloaKO& Alton.. 100 do pref. 100 Chlo.A At.,Beii.Tr.rcc. Chlo.Bur. &qiiln.lOC OWcA 80 80 80 <onl«T. A Nashv,.100 72*1 49 >t lx>alsv.N.A.A<'^hlo.lOO 83 a« 80 Unls. Ht 1,.A Tex. 100 10 8H Louisville Soiitli'D. 100 87 Vaboning Coal KK.SO 5e>s do Pref 60 7 4alne Central 100 140 109 vfan. A l.aw'oe 100 217 \H\ vtanhattan, eon.. .100 100 5OI4 Pref... 80 Central Pactflo....l00 Central of So. Car.. 50 Char. Col. * An)t..l00 Ches. i\i O.-Vot. Tr. rer do iBtpf.lOO CWo. SchuVI . OertarP. A Minn. ..100 Cent, of aoorKla...lOO Central Hasa 100 do pref. 100 Cent, of N..1 100 Central Ohio Railroad Btooki. Bid. \S dl'DJICd 933 pref.lOO do 42>s 44>s American Expres.lOO 113 117 Iron war. 100 Amer.Sug.Ref ,Co.cts. 8I>« 83 pref.cts.. do 88% 89 Tobacco Co., pref 9i Am. 101 Aspinwall Land. ...10 « 9 Boston Land 10 a 8>a 6 « 3 Boston Water Power 3>t Brookllne (Masa.lL'dS I 4 4k. 100 Brunswick Co 14 Canton Co. (Bait.). 100 "si" 00 70«» C. J. R'y's U. St'k Yds 100 do Pi-ef 100 100 106% Jlafl.nCo do Ist pref. 100 ilOO 1031sdo 2d pref.lOO JlOO 103 (^n. Kan. (^S. A R..2S Contlneut'l C >n.Almp. X 2 46 »« 46%. DIst. AC. Feed. Co. 100 1 Am. Pig ! Eastern iu N.H.. IOC 108% Ellz. 1*1. A Big 8.100 EimtraA W'uisp't 5C s 48 do Pref 50 ETansville A T. H..50 4 Fltchburg East Boston Land. . f 3«» ito IS Frenchman's Bay Ld * 4% do 6k Pref... .100 76 >Vaier, iHackeusack Flint A Pere Marq. 1 00 2u pref., 25 do do pref.. Ice 74's Henderson Bridge. 1(M) ioo" 102" Fla.Cen.AP. -V.T.Cer. ti« Piiila. A Trentou.. 100 UAH STOCKS. 44i< 4> 100 lUiuois Steel do 1st pref. cum. lOO Bait. Consol. Gas .100 PnUa. WUui.A Balt.SO 84 lion Ste^mboikt...lOO do 2dpf.uou.cuni.loc Bay State 50 t 29% 30 29 Pitta. Cln. A 8t. L..SO 5c Keeley Motor 3 4% Georgia Paeltlc.lOC Pitts. Cln.O.ASt.L. 100 6 7 16>s Brookllne, Mass. . 100 ZU4 115 Lamson Store Ser. .50 17 Ga.RR.AB'ligUo.100 199 200 pref.lOo do 59% Brooklyn, L. I.— L^Dl^uCoaltsNav. 8 J • 46>f 47 Gr. KajiidsA Ind.lOO Brooklyn 25 93 98 Pitts. A Connell'e..80 2 5 L«n.AS.Y.L.Al.Co..80 Gt. Nortn. Ky. pref.. Citizens' 71 20 871* r'ltts.Ft.W.A C.,guar.7 85 Mauh'tt'u B'ch Co.luO 4 6 Gr. B. W.A8UP...10O Fulton Munluip.lOO lis 118 6'! 7>» Pitts. Junot 50 10 « 3 Maverick Land 80'« do 3k Metropolitan Pref... 100 Pitts.M.K.AYough 100 90 97 IHaxwell Land Grant.. Hw.Por.Mt.J. A L..80 Nassau Pitts.Va. A (Jli,iries.80 25 134 76 79 12 15 Mex. Nat. onstruct'o HarUMACt. West.100 People's 72 10 74 Pitts. A Western ... 50 30 Morris Can., gu. 4.100 79>« Housatonic pret.loo WilllamBburg Pref. 80 50 115 do 40 do pf.,gu.lO.10U 194 195 Hoos. A Tex.Cent. 100 Cambridge, Mass. .100 200 200 >f 8»« Pitts. Youngs. AAsh. 80 4 {Ht. Des. AE.S.Laud.S. 250. 300. Banting. A Br.Top.8u Charlest'n.S.C. ,Gas.25 « 22 pref 80 do 24\ 28 loz>4 102k Nat. Cordage do Pref. SO 9 42 128 hChartlers Valley.. lOO ( 8% *2U Port. Saco A Ports. 100 Pref .. lOSk'lOO do Oliools Central... IOC Chelsea, Mass 100 113 lis Port Royal A Augusta 93 96 17 National Leal Trust do leased l.,4p.o. 100 17k! I7''e Chicago Gas 100 84Te 88 Prov. A Spring 100 38 36 Iowa Central Cinoln. G. A Coke. lOo 190>* 191>t Nat. Linseed Oil Co... 100 7>« 9 iProv. AWorcest+r.lO.' SO Nat. SUrch M. Co. 100 do East Boston ... 431, 44 Pref.lOO 26 Reus. A Saratoga 1 00 23 it6 110 Iowa F. A Sluux City 1st Pref Hartford, Ct., G. L..25 RIoh. F. AP.,oom.lOO 115 Kan. A Mich, certs.... 2d Pref Jamaica Pl'n.MasttlOO 16J 103 Richmoud A P'b'g.lOO 16 45 38 Jt. Y. Loan Almpr't... Jel>.M.Alud.,i'd.lOO 80 Jersey liyC,u8 Light. Rich. AW. P.Ter..lOO K.an.C.r'i.8.AMeDi.lOO N. Y. A Texas Land .. Jersey C. A Hobok'u 2c do Pref 100 62 142" scrip Laud K»n.C.Ft.8.A y.pf.lOO 119 Lawrence, Mass ... 100 iVs" Richmond York R. AC. 120 14% 15 Nurth Amer.canCulOO Kan.t'.Meuj.A Bir.lcO 129 Rio Grande West. .100 4c "a Louisville Gas Light. 121 30 Kan.C.Cl'n A Sp'd.lOO 100 286 287 INorthwest tqulp.lOO do prtf.lOO 7 721s Lowell Kentucky Ceuu 1 00 Rome W. AOgd...lOO lOOSjllO Lynn, Maa«.,G. L..100 168 160 'Oregon Iiui>rove..lOO 26k 39 40 CO 34 36% PaclIicMHll 88. Co. 10b Keokuk A Des M..IC0 Maid. A Melrose. . 100 141 142 100 4 6^ Rutland 151 Peonsylv. Hleel...lOO «1»0 uo pref.. loo Memphis Gas do Pref., 7. .100 32>i 35. 7 14 100 10 Bridge eoh 11 K A Wesl'n 100 PiiUKh. Orleans Gas L. 100 M. 34 St. JOS.A G'd Isl'd.loo 97>s! 99>s 50 ISS Klngst'nAPeiubr'keSO 7 Puilmn Palace CarlOo t8>> N.Y. Citj- Central. 5c 8-..LoalsAlt.AT.U.100 9U "1 Land. Ulcgo LakeJirie A W....100 San Consolidated 10c 9i>i' do 13>« 11 Pref.lOO 93>f BULouls B'dge,l8tprel *lu7 100 do 100 120 122 Pref.lOO Equitable 56 87H St.UAP.F.lstpref.lOo lOOl «88 54 2d pref. cert U. ab. AMicii.i3O..100 110 12U Mutual 10c 118 no's St. L. A 8o'we.sl...lOiJ 108 Leiugh Valley St. Louis Tun. RR. lOU slOO Standard Gas,pf. 100 85 ao 47'« do Pref 100 47 ISHi' H'i (\» Lo'il-'Transter 63 71 8>. tJCTIe Miami 17.'< Mcwinn Wafii 101 .V I. * S' IH.'ils Van. * r. H.IO-, 5 ' rriec uuuuuau ( l^otaUona dollars per share. « In London. ^ f uruuaaer.aisu pa^ a auui ueu lUMreat. m I UH M . I I, 1 1 1 . . . — < . . . . . . r THE CHR0NIC5LR 934 [Vol, Lll. GENERAL QUOTATIONS OF STOCKS AND BONDS— Concluded. For ExpTanation MISCELLANEOnS St'KS. Tex.APao. L'dTr.lOO U. 8. lOf Bxpiees 12 1-80 Cod!i American Flag Alice Alta.Montana Astoria KM Isle •50 , 01 IOC •07 •65 Belmont 100 80 Bulwer 100 •25 •30 •60 2^75 Caledonia B. H....100 Consol. Ciilifornia.lOO Con. Imperial 100 Chollar Chrysolite 50 Commercial Nat... 100 300 Continental Nat. .100 155 First National lOOl 340 Fort Deal born Nat.... 105 Hide and Leather. 100 02J« Merchants' Nat. ..100 500 Tecumseh (K. R.)..100 !Thoriidike(Ua88.11000 1200 12.'.0 Metronolitan Nat. 100 400 1-75 'Tremont&«. (Mass) 100 122 il22is -Vat. Bk. of Amer.lOOi i203 Sat.B'kof IlUnois.lOO 265 UnlonC. Mf. (P.R.)lOOl Wampanoag(F.R.)100l 100 Northwestern Nat. 100 895 Union National.. .100 Wash1ngt°u(MasB )10O pref Cincinnati. do 100 Weetamoe (F. R Atlas National. ...100 110 325 WiUlm'tlo Linen Co.25 Citizens' National. 100 255 100 York Co. (Me.). ...750 Commercial Bank .50 •35 Equitable Nat 100 STOCKS. Firth National.... 100 Daltliiiore. First National.. ..100 272 Bank of Baltimore 100 144>«;146 Bank of Commerce. 15] I'^s_, Fourth National.. 100 30 Citizens' 19".! 20 German National. 100 10 2-fcO Com. & Farmers'.. 100 128 Market National. .100 33 Farmers' B'k of Md.30 llMerchants' Nai'L.lOO 137 21 Farmers' A Merch.. 40 61 62 'NatlcnalLafayettelOo: Ohio Valley Nttt'l 100] 138 .....I Farmers'&Planters' 25 FlrstNat. of Balt..lOo Second National ..lOOl 285 1^40; German American.lOO Third National. ...100 Howard 1 Western Cierman..lOO 65 Marine 30 NeTT Orleans .....I Mechanics' 10 American Nat 100 Mei chants' Bank of rommerce.lO 100 'National Exch'ge.lOO Uanal & Banking. 100 Citizens' People's 20 19 100 Second National.. IOC 170 Germanla Nation'1.1 Oo 106 Hlliernia National. 100 Third National. ...10(i| 82 81 Louisiana Nat Union 75 100, Metropolitan jWestern 20 36Hi 38 1 00 xl57 28 Mutual National. .1001 Boston. 45 'Atlantic New Orleans Nat.. 100, 700 100 139V140 05 Atlas 100 120»5 121 People's 50 107 11 Blackstone Southern NatlonallOO 115 100 10'2»2 103 •35 Boston National.. 100 1131s 115 State National IOC' Traders' 10 iBoylston 100 130 132 IC lool 1-0 Union National... 100 120 ... Broadway 205 208 ... Bunker HiU Whitney National. 100 100; Sol'Centrul 100 139 141 City 100 103 103 14 Ne^T Iforlt. -.Columbian 100 110^111 Ameilca 100 206 100 135 ,13512 American E J ch'eel 00 O?! Commerce 10') Atbury Park Nat.. 100 Commercial 95 98 Bowery 100 306 3^o0 Commonwealth. .100 ISa-a 185 Contlmntal 100 1261a 127 Broadway 25 275 Eagle 100 105 105'« Butche,r8'ADrover8'25 I [ CoDsol. Cal. & Crown Point BANK '"•26 I 2^40 20 I I 8V5 Va 1-50 1-30 100 Deadwood Denver City Con Dunkln El Christo Eureka Consol 100 Father DeSmct.. -.100 ' •50 30 3-50 30 . Freeland Oould & Curry 8. .100 Hale & Noroross.-lOO 1^50 2 00 Horn Silver 3--10 Iron Silver 20 Iron Hill Klngs.&Pembr'ke Iron I/aorusse 10 Ijeadville Consol 10 Little ohif 50 Mexican G. &8Uv.lOO| 1^00 •27 2^50 40 Moulton Nayajo North Belle Ophir & .0 Isle 3 80 10 Miller Phoenix of Arizona Plymomh Consol 35 300 Potosl 3^90 .100 Eappahanook I i I 01! 35| 2-25' 1 Kobmson Consol 50 Bavage I Nevada ICO 2^i5 100 •90 100, 131ifll3^ •36; Ellott ' I BllverKing Standard 100 100 100 100 100 Everett Exchange 05 i'aneuil Hall Union Consol Utah First National First Ward 225 75 100; 145 275 ; Central National .100 1 109 ChaSPNatlonal....lOO; 25' 13913 140 Cnatham 100' 142 143 Chemical 255 |256 City 100 129 130 Citizen's 25 120 |123 Columbia IO6I2IO7 Commerce 100 100' 100 1001, Continental 119'a'l20 Corn Exchange. ..100 126 ,1261a Deposit 100^ EastRlver 1141s 115 25i 113ialll4 Eleventh Ward 25 105 1IO6 Fifth Avenue 100 107 ! 1 I ABk. 340 11413 42 140 9913 111 115 'Nat.Bk.N.Liberties.50' 165 16& Penn National 50 « 85 "a Philadelphia Nat'l. 100 s229 I 180 Seventh National 100 slOl ijWestcrn National. . 50 »i02 ..... 1101a St. Louis. 260 *mer. Exchange.. .50; 177ijil80 120 Nat. Bank of Com. 100! 148 ll50 1371a Commercial 1001 425 450 100 Continental Nat'l. 100 120 121 275 Franklin 100 310 245 Fourth National.. 100 300 203 International 100 110 115 1221a, Laclede National .. 1 00 119 121 j I Mechanics 100 215 Merchants' Nat'l .100 135 Louis Natioual.lOC 160 Third National.... 100 119 340 140 300 155 300 St. 1621a 120 San Francisco. 70 Anglo-Californian Bank of California First Nat'l Go:d... 100 Pacific 112 17 167 75 280 278 172ifl 160 167>« 100 265 100 135 lOol 330 100 144 100! 9S 100| 198 26819 138 FIRB INSCR'CE 65 225 " STOCK.«i. Han ford, Conn. JElna, Fire 168 Connecticut Hartford National Orient 120 118 117^2 iPhoenlx... Steam Boiler loo's 2C0 98 50; lOia 1000 Alliance 135 ! 30 55 ! 100' Bid. I , j INSCRANCB Stocks. Philadelplila.i 1421a Bank of No. Amer.lOO «335 120 ilClicstuut St. Nat.lOO' 113 Commercial Na' 50'» 60 350 JComm'nwealth Nat.50 Fiist National lOO 235 360 Fourth St. Nat'1...10O 1S9 Glrard National 40 99 160 (Kensington Nat'l 50 Mauufact'rs' Nat 100 « 95 Mechanics* Nat'l 100 114 I 24 30 Mono Ask. 1 •19 Comstock Tunnel Sierra Bid. ) Best & Belcber Bodle Breece Oriental Stocks. 1 "I's'o Barcelona BeUe 90 , &8AN. FEAN. (N. Y. of (^notatlona. Clilcaffo. American Exch. Nat.. Atlas National Chicago Nat 100 280 80 ISaRamorc (F.Elv.).lOO IfO 101 240 238 iSalmonFalls(N.H.)300 21>s 90 14 Shove (FaU Riv.)..100 55 ,Slade (Fall Riv)..100 Stafford (Fall Riv.)100 105 iSttrk Mills (N.H.)IOOP X1210 1220 STOCKS inilVING Adams Bank 146 WeUs Fargo Exp..lO(i 142 West End Land (Bost.i < 21 Weet'n Union Betf Co. Weetineli.Alr Br'ke.5C Head of First Page Bid. JAsk. 162>s 163i« iPocasset (F. B.)...10( 104 17J3 19 iRich.Bord'n(F.R.)100 56 iRobeson (F. Riv.)1000 53 Oil Tr't.lOO StaLdaia Manufact'g Stocks. Ask. Bid. see Note* at 209 153 50; Citizens' 20 110 70 120 City Commonwealth 140 70 2,ii 135 100 150 80 145 115 125 75 243 220 65 100 235 40! 210 lOO; 80 3ol 70 50 105 Eagle Empire City Exchange 400 25 ...100 Continental 312 288 181 130 75 American Bowery Broadway Farragut 90 File Association. lOOl 90 400 4500 4900 'German-American 100 275 iGermanla 450 .50 165 'Globe 501 95 Greenwich 250 ...25: 165 Guardian 190 196 lOO' 55 Hamilton 15' 70 138 Hanover 255 50| 140 Home 112 100 142 85 112 100 285 175 101 180 60 85 147 148 SO 180 85 75 105 150 75 70 155 75 170 Fourth National. 100; Freeman's 100' BOSTON MI XING. Globe 100! (SeePaac92 .) Hamilton 100 MANCFACT'liXG. Hide & leather ...100| Am.Llnen(F.Riv) 1100 Howard 'Jefferson 85 100 30i 75 Amory (N.H.) iKlugs Co. (B'klyn) 20' 170 Lincoln 100 x 12Jilll3 100 200 Amo8keag(N.H.)lO00 x205ol 2060 Manufacturers' ...100 Lafayette (B'klyn). 50 1800 75 Androscog'u (Me.).lOO 144 13 148 .Market Llbeity 100 OOSdllOC Fifth National 300 80 65 " Appleton (Ma8s.).100i'; (HTh 9.iia FlrstNational Market (Brighton). 100 95 Manuf.A BuUdeis' 100 90 650 100 2000 Atlantic (Mass.). ..100: 861s; 87 Nassau (Brooklyn). .'iO' 140 Massachusetts 100 107'al08 FlrstNat. ofStatenld..! I125 Barnaby (Fall Rlv.) Maverick National 100 255 |260 Fouricenth Street. 100 170 37ia 70 Barnard Mfg. (F.R.).. 1*1 .Mechanics' New Yoik Fire.... 100 65 Fourth National ..100, I7II2 174 100 130 131 Bates (Me.) (Niagara 100 134 I3412 Merchants' 100 154isi 155 QaUatin National ..50 300 .50 145 Boott Cot. (Mass.) 000 xl330 1340 Metropolitan North River 100 95 100! 350 65 951a Garlle'd 25; BorderCltyMfg (F.R.) 120 Monument Pacltlc 100 235 |240 (Jerman Anierioan..75' 125 25 160 Boston Co.(Mas,s.)1000 xlOOO 1015 Mt. Vernon Park ...100 135 1137 German ExchangelCO 310 340 100, 65 70 Boston Belting 100 190>i|l91 New England Peter Cooper 100 167»2'l68 Germanla 20' 145 liO' 150 Bost. Duck (Mhss.)700, 1050 1100) North Peoi'.lc's 100 138ia'139 Greenwich 25 160 ,50, 70 75 Chace (Fall Klver) 100 North America.... 100 128 129 I'henlx (B'klyn) 90 Hanover 100 348 50 155 160 Chicopee (Mass.). .100 91 94'« Old Boston Rutgeis 100 118 llSia Hudson River 100 25 120 130 Cocheeo (JJ.H.)....500 360 365 People's Standard 100 160 161 Importers' &Tr... 100 540 5oI 100 105 CoUins Co. (Conn.). 10; 9 914 ;Redemptlon Stuyvesant 100 128 128J2llrvlDg .50 25 90 100 Continental (Me.). 100 19 laia Republic United States 100 165 lOjij Leather Manufts.. 100 25; 145 150 Cres't Mills (F.R ).10O; Revere 45 Westchester 100 129H 130 Lincoln 100 370 lol 170 180 Crystal 8iir. Bl (F.K Rockland Williamsburg Cl'y. 50 315 330 SO 100 150 152 50l 175 Manhattan Davol Mills (F.R.).loo Second National. 3 00 190 192 ITIAKINIi: INSUK-I .|. 90 Market* Fulton. .100 220 235 Dwlght (Mass .Security 500 775 780 ANi:E .'>CUIP. 100 220 iMechanics' 25 200 Edwards (.Me.) .. KiO 120 )121 jbawmut Atlantic Mutual 100 131 132 Mechanics' &Tr.... 25; 225 Everett (Mas-'.)..New 80 18i7 80% Shoe & Leather. ..IfO gO'e 100 ;'.Mercantile lOo 216 100 101 Flint Mills (F.R,). 100 95 South End 1888 100; 101 102 !;Metchaiit»' 5o: 150 100 101 la 160 Franklin (Me) ...loo 103 103^4 State 1889 100; 12«ii 127 .Merchants' Exeh'e.50 101 ;102 61'beY.Mills(F.R.)100, 106 Suffolk 110 1890 100 loeij lo7 Metropolitan 7is 100 101 ;102 Granlte(F R)....ioooi ;237ia Tiilrd National 1891 I00idl04 100 375 103 1021a 1041a' Metropolis GreatFalls(N.H.) I00x02is;103 'rraders' Comm'cl Mm. 1873-82 lOo 101 102 Mount Morris 70 100 80 Hamilton (Mass llOOi'i 9r0 ;985 'Tremont 100 107 Murray Hill 50| 300 PUIOKS OF Hartf Caipet (Ct.)100; .. -. 101 lUnton 100 140^ Nassau 50 Hill (Me.) niKMBEItSHlFS. 100; 70 7013 IWashlngton 10( 123 New York 100 240 217 HolyikeW.Powrr lOol 2'i5 Webster 10( N. Y. Stock. 100% $'.iO,0O0 ask. New York County. 100 600 Jackson (N. n.)..l000 xJ40 955 Wluthrop 100 112 Lastsale N.Y.Nat.Evcti^ngelOO, 18,500 KtngPhilip(F.K.).100| 109 Brooiilyn Ninth National 100 225 ask. 135 jN.Y.Consol.Sfk & Pet. Lacouia (Me.) 40o 595 600 Rodfor.l 100 158 Last sale. June 13.. Nineteenth Ward 100 150 £25 I,anCHst'rM.(N.H.)100 x6.0 tt Broadway lot l:-5 N. \'. Produce 70 North Americ* 170 850 ask. L'rel Lake Mills (F.X.); Brooklyn 102 100 105 Last sale. June 17. .. ...25 Oriental SCO liawreucH (Ma8s.)10OO|XV4l6il4'i0 t-ity National 50 437 N. Y. Coiton Paclflo 50 180 loOOb. 550a. lowell (.M1188 )....690; UiO 6S5 Commercial ...60 100 Last sale, June 5 ... Park 100 330 345 505 liOWell Bkaclicrv.lOO I3GW: 137 Fifth Avenue loo 125 |N. Y. Coffee People's 25b. 360a. 325 5; 295 Lowell .Macb.Slioli. 500 74 7<5 Pirst National 100 530 sale. Last June Pbenlz 1 340 25; Lyman M. (.Ha8S.).100 65% 6l< i^'ulton 46 195 N.Y. Metal 40 ask. Produce ExcbangelOO; 113 116 Manchester (\.U.) loo 145 14B Hamilton 100 Last sa'e, June 1 --. Republic. 100 32 187 Mass. Cotton 1 000 1050 1055 Klugs County IOC 131 R'l Est. Ex. * Auc. R'ml Seaboard 100 170 Mechanus' (F. R.) 100 "1,206 Long Island 75 100 Last sale. Juue Second National... 100 Merchants' (F.R.) 100 105 .Manufacturers . 30 200' Boston Slock 19,000 bid. Seventh National .101' 125 Merrlmaik Mass) 1000 X1045 1050 .Mechanics' 50 270 sale, Leather Last May 7 ...100 19,500 Shoe & 156 Middlesex iMiiss.).10( xl28 131 -Vlechanios' & Traders' 240 Philadelphia Stock 2,500 bid. .100 125 St. Nicholas Nashua (N. H.).....'soo xi95 500 .Vas.^au 100 27U 2,5.'i0 Last sale State of N. Y 100 100 110 Nanmktag (Mass.) 100 114 ll-lis Vorth Side 10( 160 l,roo ask. Chic. Board of Trade.. ruird National. ...100 102 108 Newmarket 500 3371a 340 jeveuteeuthWard.l' Lastsale Tradesmen's 40 100 1,600 Osborn Mill8(F.R.)lO 100 H'rague 100 165 ;1503 1,010a :Cliicago Stock United States Nat. 100 PacMo (Mass.)... 1000 1800 1805 i6th Ward 100 Lastsale Western National. 100 1,010 100 K,ri. p..T^.-ovoll nr J -./I ?« r..'i-»^nMf inn ^^(I'l. RSOa Yellow Jacket . . 2 00 1 ; i I ' I . . . i 1 I ; . I ) . . ) >. I !; ! : I EXCHANGE I j ! !; 1 ; ' i . 1 1 » • Prices nominal, 1 t T Boston bank quotitlona are aUei'^Uyldend, » Prltje per share-not per cent, d stock doubled— rights to new stock o 2. j i JCNB THE CHKONICLE. 20. 1891.] Lalttt %nvtstmtnt Roam. flailvoad ItttcIItgeuce. Mamtng$ WeeLurito (lenrinn KR April rji'O. 8<>. A May — viz., on the last Saturday of every other month Jo/iMory, March, May, July, September and Xofember, and is furnished without extra charge to all regular siditcribers of the Chronicle. Extra copies are sold to subtcribers of the Chronicle at 50 cents each, and to others at per copy. The General Quotations of Stocks and Bonds, ocettpi/ing *ix pages of the Chronicle, are published on the third Satiirilaj' of each month. UIbIII.A Vi. Oth^r linen iio.Ma-' S9.0ft5 3.»'23 3.2.^8 W Utwk J'ne 42,181 0,820 40,701 wk J'lif wk J'ne 53.1110 5l»,ll:i 333.550 .37o,.',(;'j .5h,78h 07,14:) 17,0011 tJreal Norlli'n HI. P. M. Week or Ifo KOAP!. I 1891. 1890. $ S Alnbauia Midl'Q. May AUeKbeiiy Val.. Vpril Atch.T. AS.Fe.. lstwk.I'ne Halt owned ... 1st wk.I'nc S.'i.Sll l<).j,7'23 Total svswin. 1 St wk .T'ne Bt L.&SaiiF.. lstwk.rnc Half owTipd.. Istwk J'ne 6:!:i.(iss . 001,561 a-z.vu I(i6,:w2 31,5'2137.K4!1 letwkJ'no Istwk J'ne Atlanta A Char February Tot..S.L.&S.F. Axp. total .. 771.53 155,H3'2 . May Atlajita & W.Pt. May B. AG. Kasl Lines May Western Lines Mav Total May Atlanta 5,63 Flor'a A- Jan. 1 Reported. 2S,y24 _ Bal.<S0.8outliw. Istwk J'ne Bait. 4 Potomac April Blr. * Atlantic. April 1,925.427 2,024,021 4.5,59 49.041 9,326.053 904,699 1 541.344 7,38.5,991 2,320.195 9,606.18 i 067,103 143,722 6.385 16,330 | 132.557 1,024,708 2,45 120,628 lOJkOO 4,087 3,13 010,393,302 119,247 14,049 3,7 4,320,38:1 14.670 101 1 ln,<iU6 . . 2,20<l 22,M10 7,Ox5.7(S7 170,001 1,39.V148 175,2.11 1,4.57,096 2,750 21.708 75,470 5.010 4.345 71,070 st I wk J'ne K.C.r.B.AMeio. IstwkJ'ne K.C.Mem. &Blr. IstwkJ'ue Keokuk A West IstwkJ'ue . Koek A Mem. IstwkJ'ue Loni; Island Ma.v. A A Oh. l.»twkJ'ne LouisT.N.O. AT- •Jd \vk.June Lou.St.L.ATex. 2d wK June Lvucho.ADnr'm Mav MemphisAChas April . i.Me.xlcan K'wa.v Wk Mil.L.Sh.AWcsl '2t! Milwaukee A Nil 0,011 5,731 5.470 40.253 41.300 59,<Mlf .May31i wkJune 2d wk June S^OS."! 37..5O0 29,456 333,725 55.373 53,393 24.388 356,670 52,303 44.483 140.807 123.4:i3 62.200 1,90%715 87,001 63.901 81,374 32,107 12,998 131,040 139.258 01.189 l,8l3.20i 1.359,634 298,79-2 1,401,1-1 1,337.'2S8 32,407 305.763 1,561,916 126.060 2,231.032 2,345.757 8.751,9.-I4 597.83*2 2.05.1.132 8,800,517 2,312.003 1,767,531 221.021 105.2<)3 .May... May... April.. April.. April.. .May. .. 516,019 494,927 48,216 57,11^ 126,933 196,972 76,796 512.979 436.377 80.961 20,422 (. OhioANortUw.. Mav. Col. A Maysv. .May. 1,073 15,100 29,934 l.st wk J'nc Ohio Klver Ohio Southern May.... OLlo Val. of Ky. IthwkMay . 5,8'29 293.0.'>0 April I j I . . I , auPaulAUul'tU .May 8.Ant.AAr.Pa88.;3wR8 May S. Fran.AN.Pao. IthwkMay . i Am. A .Mon. May Seattle L. S. A E. 4thwkMay Aiirll Sllverton BiouxCltyANo. April South Carolina .May 8 J. Pacttlc Co.— 8av. , I j Qal.Har.AS.A. April Lools'a West.. April. Morftan'sLAT.iApril I I I N.Y.T.AMeiAAprU. .. 1,310,09~ 188.02 1,217,086 481.852 50.412 43.989 45I.35S 122.095 184,777 3,870.998 lO'J.fiO" 70.594 556,940 2.019.4-26 470.309 9.066.07.-5 84,153 1,701,650 84.943 18.751 4,755 715 258,35ti 14.000 229,6-24 38,712 115.077 6.031 140,130 42,37fc 019.988 368.311 5,610,357 20,619,504 330,530 13,295 191,273 51,605 1,370,061 475.04 1,070.9901 6.344.733 5.250,066 1,395,57 3,072.573 11,594,801 17,909 3,234 84,161 19,710 424,732 121,317 38,427 308,250 Orecou Imp. Co. March.... 5,379,003 Pennsylvania .. April 13,68 Peoria Dec. AEv 2d wk June: 52,994 April Petersburtt 330,533 Phlla. A Krie... ,\pril 1.01o,32( Phila. A Head'K April 1,305,090 Coal A IrouCo. April 2,916.023 Total both Cos. April 2,853 Pitts. Mar. A Ch. May 22,017 Pitt.Shen. A L. E. Ajiril 108.509 Pitlsb. A West'u April 28.938 Pitts.Clev.AT.' April 12.326 Pitt8.Pain.AF.|April 57.453 'Total system 2d wk June 70,851 Pltt.'Young.AA. .\pril 20.69.1 April AAUK. Pt,Boyal 31,652 Pt.Roy.A W.Car. April 20,400 May QulnoyO.AK.C. 480.950 Bleh.AI>auvllle...May 185,050 Midland.. .M.iy Vir. 70.800 Char.Cid.AAu. .May 67,070 OoU AQreenv. .May 89,200 West. No. Car. May 146,020 Mav GeoriB:ia Pae 13.160 Wash.O.A W..,.May 12.050 Ashv. ASpart. .May Total Sy.s'm. Istwk J'ne 252,705 30.437 Rich. A Petersb, April 6,030 KioBr'de South. 2ilwkJune 50,000 Rio Gr. West... 2d wk June 283.191 Rome W. A Ok'd. May 7.938! Sac.TuscolaA H. May 19,010 8l.L.A.Ar.ll.lt'silstwkJ'ne 57.4941 St.L.8outhw'ru. 2dwkjuue 1... lli>,408 3.382.123 101.209 1.434.'277 73.306 80.931: '20,740 63.863 72.406 13.931. 15.93.S 3,474,43 3.128,0<Ji 15.803.623 14,724.853 .. W.. 2ilwkjune N.Y. 8us(|.A\V.. .Vpril. Norfolk.vWest 2(1 wk June S'theast'n(8.C.) February. NortU'uCeutrai. April Northeru Pacini 2(1 wk June 1st wk J'ue Ohio A.Miss Omaha A St. 29,311 1 1,040 276,278 72.175 305.37X 23.857 April.. A .593.857 2.900,440 1,721,157 1,667,234 1,555,146 166.319 145,100 5.777 150,937 4.147 15'2.779 5,0 17 N.Y. Out. 0,.593 672,383 43,092 551,076 812.632 3,262.654 Total Syst'ui 1st wkJ'ne Mobile A Blruj.. IstwkJ'ne Mobile A Ohio.. -May... A 1,165.030 165.121 30,364 82.01.': 7.159 N. Jersey A N.Y. New Orl. A Gull N. Y. C.A H.K.rf W. N. T. L. E. N. Y. Fa. A Ohio N.Y. AN. Ens;.. N. Y. ANorth'u. 1,002..500 120.760 125,513 7.181 11.5,620 .. 1,090.'247 1.589.106 184.901 71.530 543.909 3,081.007 A Pae. IstwkJ'ue .MuntereyAM.G .May. Nash.Ch.ASt.L. .Mav. 5.255 696.831 50,927 609.011 770,700 3,347,330 137,076 3,485,35 112.514 May.... May.... .M.St.P. A S.8.M. May.... Mo. Kan. A Tex. IstwkJ'ne Miaeralllan).'e.. Miuueap. A.St.L. Kail. C. 15.300 450.079 348.523 131,772 120,214 1,947,2S0 400.'; 28 160,967 28.735 1,257,936 33.078 8,629 329.284 7,302 18,030 tMexleanCent... 2dwkJune j.Mex. National 2d wk June 601.371 10.638 292,708 275,705 121,858 169.841 2,078.477 520,040 145,315 25,759 1,258,200 136,79« 162.20: 28-2.320 223,461 1,352,360 1,230,738 104.012 80.369 500.973 666.6<J4 7,001.713 7,008.243 70-.'.541l 0,502 0,47x 87.405 18,339 10,56.'! Louis. N. 61,1130 54,J0<i 352,766 . Louls.A Mo.Kiv MiireU Uinis.Ev.ASt.L. 2d wk June U)ui8V.ANa»h?. IstwkJ'ne 452,.'-.3.-, 3.113 11.811 15.'i'16 Kile All. &8o May Krie & West IstwkJ'ne I^jlilghA Hud.. May L. L. 1 I 44T,<TM 4li4,»5<ii 1,3.58,049 1,308,898 Mav. 35.187 37,793 May. 231.509 283,312 In.ikGt.North'ii May. 20.174 '28,te0 Iowa Central... ilwkJune 1 . lji:i 451.0S8 60,015 11,843 0,472.617 . . 101.734 788,8381 3,404.003 60.02"! 31.-..1IM1 .'1 1.270 90,932 114.361 Iron Bnllway... -May. Jaek'v.South't'ii 2d wk June 531.820 18,724 26,012 42.097 49.090 12,33' Bir.Sh.A-Tenn.K March.... 4,571 3,035 Blsliopsville 2.023 February. 8.519 7.536 4.44': 3.413 Blaok-v. Als.&N. February. 869.834 56,80'; 46,318 1,195,53^ Bafl'.Roch.APiti 2d wk June 50,013 1,101.053 1,247,599 61,80^J Bnr.C.Rap.&N. Istwk J'ue 172.898 168.244 51.5-20 54.3U Camden & Atl. April. 100.'261 90,873 52.'204 Canada .\tlantic February.. 52,688 Canadian Pacific •Jd wk June 374,000 331,000 8,161.003 6,580,173 250,139 221.771 7.787 Cp.F-r&Yad.Val twk J'ne 9.003 7,507 5,003 2.560 Car.fiini.GAiCli. February. 3,889 626,023 552,.502 2,923,954 2,781,162 Cen.RK.ifeBe.Co April Centralof N. J.. April 1,054,950 1,079,709 4,106.775 3,701,992 C3entral Pacific.. .\pril 1,340.293 1,301,014 4,794,084 4,144,213 25.510 21.261 13.5.56 9,9(-6 Centralof 8. C. February.. 27.112 20,266 11.903 14.197 Char.Cin. ACbtc February.. 271,507 308.279 57.138 Oharlest'u&Sav .\pril 69,393 6.24'. 10,703 21.380 10.843 Char.Sum.&No. February.. 43.394 39.504 10.904 9,000 Chatt'n'saUm'u May 34,794 41.394 0.4B4 5.808 Cheraw. <fe Darl. A)iril 5.393 6,618 3,40.^> 2.852 Clicraw.A- Salisb February. 150,749 139.855 3.630,360 3,232,610 Cbes. AOblo.... id wk June 902.958 778,400 156.773 105,590 Ches.O. & 8. W. May 12.787 13,192 6,626 6,317 Cnes. & Lenoir February. 2,484.668 2,742,081 9.541,681 11,209.050 Ohio. Burl. & Q. April 57,000 1,565, 86S 1,327.2X5 72.069 Ohlo.A East. lU. •2d wk Juno 930,975 816,411 Cliica^^o A.- Erie, April. 208,787 258,895 Ohlc.Mll.&St.P. 2d wk June 490,619 470.717 11,171,525 10,615,899 7,7'29,038 7,653,759 2,208,92' Chic. AN'thWn. .\jiril. 2,023,432 62,117 99,632 30,273 Ohlc.l'eo.&St.L. February. 53.068 Chlo.KocKI.AP. May 1.281,798 1,465,011 0,231,273 6.828.M00 Chic.St.P.&K.O. 1th wk May 118.343 121,3.57 1.619,354 l,7-,i6.499 570.650 538,075 2,064.043 2,007,773 OUlc.St.P.M.&O, April. 639,708 677,074 29,99' 30.060 Ohlc.&W. MicU. Istwk J'ne 42,108 48.067 C'ln. Day. A' Iron. .April. 22.424 24,000 5.661 5.620 CJn.Ga.A Ports. May. 274,034 318,805 13,749 12.062 Cln. .Jack & Mac. 2dwkJune 83,641 1,779,196 1,836,404 71,199 Cln.N.O. &T.P. Istwk J'ue 814,703 792.724 31,930 29,610 Ala. Gt. South. Istwk J'ne 549.707 472.51 18.980 17,049 N.Orl. &N.E. Istwk J'nc 260.475 259.05 6,989 1 .659 Ala. & Vicksb. Istwk J'ue 238,877 249,057 6,554 6,748 Vicks. 8h. & P. IstwkJ'ue 136,'2 71 148,094 3,553,149 3,726.166 Erlanicer Syst. IslwkJ'ue 7.773 8.269 1,735 Oliui.NortUw'u. May 1,728 229.195 249,745 50,352 57,300 Oin.Wab.iMich. .May 344,237 377.640 17,722 Clev.AkrouiCoj IslwkJ'ue 18,045 147,241 476,421 41,935 54.506 Olev. & Canton.. April 01.Cin.Ch.i8.L Istwk J'ne 2.32, 7'20 269,530 5,420.332 5,419,490 638.493 633.174 25,468 26,414 Peo. & Ea.<fn. IstwkJ'ue 143..50' 114.322 29,627 28,218 Clev.A Marietta May -85,056 860,258 40.648 38,770 Color. Midland. 1st wk J'nc 1,065,058 l,09e,3'J7 258,902 Tol Col. H. V. & May. .. 229,481 98,317 187,514 24,418 Col.Sbttwncfi.tU May... 43,702 1,948 1,903 Colusa i! Lake. .May. .. 46,368 46,540 8,146 10,253 Covin. A: Macon. ApriL. Denv. i KioGr. 2d wk June 158.000 174.000 3,433.991 3,437,0!I6 39,012 45,97" 11,447 11.844 De» Moiu. A: No .May 80,758 80,4( 17,603 16,971 BesM. A-N'wesI May 237.901 208,484 10,822 9,601 Det.Bay C.&Alp »f wk J'ni 481,230 482,120 21,508 20,765 UBt.Lans'n&No IstwkJ'ue 497,631 486,496 59.728 38,055 Daluth8.8.&Atl ItbwkApr 16,198 17,100 0,466 6.600 Kast Luui.siaiia. February. 524,613 534.459 1,670.177 1,661.586 E.Teuu.Va.iGa M.-ireh. 149.039 189.047 49,501 63.272 Knoxv. AiUbio .March.... 550.216 538,761 2,410.040 2,349.980 Total svftlem. April 184.281 206.935 49,957, 52,763 Elgin Jol.AE.ist.' April 239.9-19 217,509 63,679 55,"33i: EUz.Lc.x..S:B.S... April. 11W..S-5 139,794 6,037 6.539 Kyani.AiInd'pli.'. i-'dwkjune 433.1 10 432,3951 20,4721 2 1 .020 Evansv. <h T. H. 2d wk June 2.116.200 2,16l.'203| 538.055 502,915] April Fltchburg 54.014 1,287.9151 1,3.50,000 48.905 Flint. * P. Mara. 1st wk J'nc 10.005 4.5S4: 12,54 li 6.430 jFcbmary Florence 6J3.4sli 5J9..'>93 2o,403 25,000 Flor. Ccni.A p. il<twkJ'u( 48.559 85.120 13,0711 14,591 Ft. W. & Rio Hr. May 10,701 22,899^ 5.2901 11.579 Ga. Car' a tft No February.. . .Montana Cent. .May. Tol. system. May. A Chieagu. May. L. 7,128, «.-j3 2,197.'200 a47B i,o.i»,iei 111 lUlnolHCeiitr'Ui. l(id.l>ec.,VQuln 212.187 767.205 757,719 585,707 12,801,998 I2,ii85,176 707,2.53 23,7'*5 708,440 614,551 13,510,438 13,292.420 95,578 2,618,372 2,.502.0(i5 093, J39 693,740 27,933 3,31'2,112 3,195,'244 123.51 738.003 0.8-22.550 16,4-<7,071 •327,107 329,001 154,008 42,441 43,662 7,180 189,523 187.471 28,213 493,524 116,954 4,321 777,830 Housatoiile April, Humest'nA'Klien May. Mulch .VHouth'ii April I 1.471.813 1,530,497 4-^3,5'<l Mav. Kant, of Minn. Mav. (liiir 1890. '2«>3,l»5 7.3.5.1 4,0.'iM 10,210 AM. Latest Dale. 1801. 30I,48H 05'2,I4H 183.0731 - Kan.CCLASp to »l»0 I I (174.717; 8,33.1 3,IHt!< rk'HT.T.AK.W. April Kanawba&Mleb IslwkJ'ue RAILROAD EARNINGS. Eamingi Hi (iraudTruuk. .. |\V'k Junel3 Chlo JtUr.Tr.jWk JiineU f>et.(ir.l< 4c M Wk June « $1 Latest 1st 'I'olalall linen. LeUmi Pal*, "isoi. • 54,741 . Ur.tikP.Alud.. latwkj'ne It is 2>ul>lished Jait.l lo 1800. I3M.'>7H (icoryet'uA W'u Febiuary 77ie Investors' Supplement, a pamphlet of 150 page», contains extentled tables of the Stocks and Bonds of Railroads, and other Companies, with remarks and statistics concerning the income, ft tumcial status, etc., of each Compan;/. MttiorUd, 1901. • Kin.. ' «35 170.041' 120,2-<2 28.424 36,000 10.1.50: 4,'271' 37,3921 90,700 342,609 6&,e03 321,405 14,781 152,313 2,169,120 3,933.166 l,73S.64»t g0,494 3,502 249.401 216,794 83.357 199,173 953,870 21.083,474 326,022 188.434 1.484,839 6,006.105 4.71>0,5S6 10,706.630 15,003 77.838 453.972 121,6081 71.4341 910,644; 41,26li 23.193! 44,3-26; 1'29.027| l.'>4.620 75,843 066,378 430,098 130.744 148.961 94.407 236,133 155.758 166,418 19,928 21,543 10,025 440.700 185.900 102.231 2,502.100 •2.348.00O S63.600 386.190 307,788 393,394 42l.4.'.0 732.475 772.07OJ 43,708 53,110 53,627 61,078' 5.422,307 5,751.603 113,141 110.794 002.3.50 62,530: SI. .500 82,400 126,300 923,024 415,236 3.-576,040 ; .12,400 11.370 225.675 20.783 2V,.556 409,930' 379.170; 86,72 1,007.716 673,i'2"4 307.456 7.487 20,479 51, 360 1,529,716, 1,551,642 301,664 86,501 1,334.001! 1,273.64* 32,904 36.801 505,339 568.073! 1.679,649 1,573.071 - 50(^.367 570.H04 12fa.040; 565,873 500,763' 104.709 251,094 •281.043; 27.043 114.390 194.747 25.(X)8 146.009 144.755 13.153 12.54a 15,059, 6.390 H0.4.''0 21,125 611,988 720,708 92.890 j 292,694 348,'.203 431,023, 1,835.460 1.070,723 61.ft*» 48,496' 16,161 THE CHRONICLE. 93H LaUtl Eaniingt Reported. S0.1DR. Week or Mo ao.Pac.Co.(Co)i) lex. & N. Orl. April Atlantic svs.c. April Paoifle system April Total of all.. April So, Pao. RK.— No. Div. (Cal.) April Bo. DiT. (Cal.) April Arizona Dlv.. April .May May May 2dwkJ\uic May T0I.A.A.&N.M May &CiD.. 2d wk June T0I.& Ohio Cent. 2dwlr June Tol.P. & West.. Istwk J'ne 2d wk June Tol.&So.Haven. March Ulster & 189a $ S S S Del.... April week of June. Cleve. Cin. Chic. 581,032 571,369 2,016,036 1,961,205 660,729 649,738 341,195 347,679 23.787 26,176 216,724 237,291 6,097 1,915 5,188 360,080 101,843 508,566 372,784 360,953 100,036 721,031 201,879 881,348 78,046 78,849 17,363 115,330 2,835,784 2,954.626 17.008 16,635 3,470 419,-372 473,438 93,195 5,822 ... . 29,217 594,979 584,260 17,198 381,838 391,917 32,410 726.198 694,638 5.384 1,904 5.762 87,844 91,282 29,749 166,293 528,679 166,463 90,639 12.120 67,252 1,825 102,693 82,934 185,606 17,558 107,317 3.238 84,032 6,778 29,554 16,564 33,560 2.267 30,304 Stony CI. 4CMt.. April Tol.8t.I..<feK.C. let 1891. 1 Summit Branch. May Tol. Col. Date. to Latest 1890. 589,058 120,0611 123,306 480,128 871,574! 961.660 4,043,417 3,942,268 2,871,753 2,888,908 10,574,910 9,573,698 3,743,327'3,850,568 14,618,327 13,544,111 NewMex.Dir. AprU Bpar. Un. &Col February. Stat*™ Isl. E. T. AprU Lykens Valley Tofl both Go's Teun. Muiland.. Texas & Paoitie Tex.S.Vai&N.W. Jan. 1 1 1891. 182,376 540,299 181,963 107,562 11,850 64,127 [Vol. & St. L. Peoria & Eastern Colorado Midland Detroit Bay C. & Alpena. Detroit Gr. Hav. & Mil... Flint & Pere Marquette. Florida Central* Penin. Grand Rapids & Indiana. Cincinnati R. & Ft. W.. Other lines Iowa Central Jacksonville Southeast.. Kanav/ha * Mtchigan Kansas City CI. & Spr. Kan. City Ft. S. Kansas 0. .Mein. & Blrm. Keokuk * Western Little Rock & Memphis.. Louis. N. Alb. & Chic' Mexican National Mo. Kansas & Texas Kansas City & Pacific. Mobile & Birhiingham . . New York * New Eng Ohio River Rich. & Danv. (8 roads). & T. H. Brchee. St, L. Alt. dnion Pacifle— Or.S.L.&U.N. April Or.Ey.&N.Co. .4.pril St.Jo.&G'dlsl. April Un.Pac.D.&G. April All oth. lines.. April Tot.U.P.Sys. April Cent.Br.&L.L. April Tot. cont'led' April Montana Un..l April Leav.Top. &8.'April Man. A1.& Bur. April Joint.own'd, la' April Grand total. April C.B'kYds.&T.Co February.. Vermont Valley A.pril 629,105 433,752 70,892 388,078 2,423,019 2.084,522 1,663,841 1,007,278 23S.035 494,810 1,537,503 1,001.568 6,259.337 6,876,293 12,123,736 12,004,172 428.484 206,403 12,330,13f 12,192,956 270.098 303,336 9,949 9,53£ 10,676 13,23t 145,361 163,057 12,493.197 12,638,317 -138.017 498,92i 55.329 52,685 5,453,417 5.556,489 14,209 15,699, 91,161 96,803 370,068 385,469; 314,901 455,120; 26,625 33,990 218,878 227,765 1,490,241 1,539,934 500.351 549.658 207,193 206,005 2,096,956 2,097.811 32,3831 29,807 704.201 355,229 119,180 404,748 1,717,040 1.964,371 3,238,867 3,547,729 60,012 91.241 3,298.879 3,638,970 46,984 80,460 3,127 2.092 3.751 1,923 26,931 42,238 3,325,810 3,681,207 235,890 199.033 14,446 15,192 l2d wk June Wabash 235.00C 239,312 Wab. Chest. &W. IMarch 6,206 5,365 Wash. Eouthera.l April 30,01 S 24,87( April West Jersey 108,506 103,88: W.V.Cen.&Pltts. May 97,679 75,406 8,09'! West Vir.&Pitts. April 9,216 Western of Ala. May 34,377 36,23, West.N.Y. & Pa.|2dwkJune 65,40( 73,30( Wheeling* L.E. 2d wk June 28,92£ 25,818 WU. Col. & All K. February 98,88; 99,38C Wisconsin Cent 2d wk June 90,91; 100,975 WrightsT.&Ten lAprU 6,655 6,373 1 : , . 1 . Toledo Peoria & Western Total (84 roads) Net increase (2 12 o Whole system, including Iowa lines. 6 Includes In both years Scioto Valley Diyislon, and Maryland <St Washington Division (Shenandoah Valley.) e Includes earnings from ferries, etc., not jtveu separately. 1 Mexican currency. d Includes Rome Wat. & Ogd. since March 15, in 1891. Latest Uross Eariiiug's by Weeks.— The earnings in the foregoing table are separately latest weekly sammed up as follows: Only 34 roads have as yet reported /or the second week of June, and on these there is an increase in the aggregate of 3'79 per cent. of June. Buffalo Roch. Chesapeake & 1891. & Pitts Ohio Ohlca/fo & East. Illinois. CJhicago Mil. & St. Paul.. Oincmnatl Jack. & Mack. Denver&Klo Grande... Svansville & ludianap... Evans. & Terre Haute... Grand Trunk of Canada.. Iowa Central Jacksonville Southeast . Evansv. & St. L. Louisville N. O. & Texas. Louisville St. L.& Texas. Mexican Central Iiouisv. Mexican National Milwaukee L. Sh. & VV est. Milwaukee * Northern.. New York Out. & West. Horfolk & Western BTorthern Paoitlc Peoria Dccatur&Evausv. Pittsburg & Western Bio Grande Western St. Louis Southwebtem.. Texas & Paclhc Toledo Col. & Cinn Toledo & Ohio Central... Toledo St. L. & Kan. City. Wabash Western N. Y. & Penn.. Wheeling* Lake Erie... Wisconsin Central Total (34 roads) >et increase (2-79 p. c.). m 56.997 374,000 150,749 69,400 496,619 12,062 158,000 6,639 21.020 338,556 29,174 21,708 29,456 53,393 7,362 125,543 82,015 81,374 32,107 57,117 196,972 436,377 13,684 57,453 50,000 57,494 107,347 6,778 29,554 33,560 •235,000 65,400 28,923 90,913 3,612,546 The final statement for the cent gain on 84 roads. \$tu!eek of June. 1891. Frey'ly report'd 37road8) Atch. Top. & S.F. system EoadsJ'tly owned >s. St. Louis & San Fran... 1 Roads j'tly owned Burl. Cedar Ran. * 1st is. Nor.. Chicago <t Grand Trunk.. Cin. N.O. AT. Pac. (5 roads) Cleve. Akron A Col 1.952,684 601..'i64 32,124 106,322 31,327 61,802 58,788 136,271 18,045 Increate. $ 46,318 331,000 139,855 57.000 470,717 13,749 174,000 6,037 20.472 370,562 28,466 11,814 24.388 44,483 * 10,579 43,000 10.894 12,400 25,902 7,186 123,434 62,266 91,189 29,311 43.989 184,777 470.309 13,295 44,326 28.550 54,866 115,330 5,822 29,217 32,410 239,312 73,300 25,818 100,973 176 2 109 19,749 3,514,513 week of 1,687 16,000 502 548 32,006 708 9.894 5,068 8.910 9,815 2,796 13,128 12,195 ""3S9 337 1,150 4,312 7,900 3,105 "i June shows 3.867,838 585,767 28,785 93,578 27,933 50,013 67,143 148,094 17,722 7,983 ""956 221,700 98,003 1890. 33,932 13,127 21,450 2,628 Increate. 201,573 15,797 6,662 123,697 2-13 oer Decreate. 116.727 3,3,39 10,744 3,594 11,789 8,355 11,823 323 269,530 25,468 40,648 10,822 17,906 54,044 20,403 46,701 36,810 946 "1,872 1,161 1.3041 "5,139 '5,i97| "4,517 8,353 4,058 26,972 13,285 1,527 59 4,547 9,768 10,563 53,873 79,197 145.620 7,159 5,047 152.778 15,100 252.705 19,010 16,564 6,.562 6,478 87,495 18,339 5,731 8.629 52,303 60,237 145,160 5,777 4,147 122,087 14,660 225,675 20,479 17,198 6,360,229 6,228,020 6,011 Decrease, "i',552 2,133 16,416 3,073 280 1,936 3,570 18,960 460 1.382 9001 30,69 li 4401 27,030 1,469 634 350,0231 132,209] 217,814 convenience of our readers all the roads making returns are brought together here in the week in which we publish our monthly article on net earnings say on or about the 20tli of the month. A paragraph mark (If) added after the name of a road indicates that the figures for that road have not previously been given, but appear for the first time in this issue. — -Orota Earnings. 1891. 1890. Koads. , , -yet Earnings.- 1891. 1890. « Alleghany V«lley.,TJApr. 195,723 212,187 104,374 80,565 Jan. 1 to Ajir. 30... 767,205 757,719 289,388 297,654 Atch. T. & S. Fe....Apr. 2,504,234 2,483,294 758,430 717,960 Jan. 1 to Apr. 30 9.390,289 9,243,431 2,567,431 2,876,058 July 1 to Apr. 30... 26, 460,202 24,245,433 7,745,421 8,490,815 R' ds J'tly ow'd(i2). Apr. 150,005 158,524 1,145 29,389 Jan. 1 to Apr. 30... 528,745 73,819 524,005 def.22,619 July 1 to Apr. 30. . 1,404,137 1,229,662 def.26,157 145,465 Total Atch. sys.. Apr.. 2,654.239 2,641,818 747,349 759,574 Jan. 1 to Apr. 30... 9,919,034 9,767,435 2,544.811 2,949,875 July 1 to Apr. 30... 27,86 4,336 25,475,095 7,719,260 8.636,280 St. L. & San Fran.. Apr. 507.850 194.851 152,918 463,458 Jan. 1 to Apr, 30... 1,973,510 1,881,443 739,581 771,218 July 1 to Apr. 30. 5,683,904 5,379,632 2,477,514 2,537,295 ( E'ds j'tly ow'd la) Apr. 146,566 156,516 3,197 38,628 Jan. 1 to Apr. 30.. 517,357 513,693 def. 16.553 86.055 July I to Apr. 30... 1,373,641 1,200,621 def. 608 167,161 654.416 619,973 198,018 191,547 S. L. &S. F. Sys... Apr. Jan. 1 to Apr. 30... 2,490,887 2,395,136 723,028 857,274 July 1 to Apr. 30... 7,057,544 6.580,253 2,476,907 2,704,457 Tot. both Systems.Apr. 3.308,655 3,261,793 957,623 938,896 Jan. 1 to Apr. 30... 12,409,901 12, 162, .571 3,267,811 3,807,149 July 1 to Apr. 30 34,921,831 32,053,350 10,196,172 11,340,739 Baltimore & OhioLines E.Ohio Ri v. H May. 1,471,813 1,530,497 431,671 454,727 Jan, 1 to May 31... 7,128,853 7,385,991 2,232,075 2,118,843 Oct. 1 to May 31. ..11,928,510 12,175.722 3,912,084 4,017,525 LlnesW.ofO. Riv.lFMay 453.584 493,521 73,639 70,082 Jan. 1 to May 31.. 2,197,200 2,320,195 332,298 336,883 Oct 1 to May 31... 3,648,166 3,773,387 583,279 718,931 Total system ITMay 1,925,427 2,024,021 528,366 501,753 Jan. 1 to May 31... 9.326,053 9,606.186 2,388,958 2,451,141 Oct. 1 to May 31. ..15,576,676 13,949,109 4.495,363 4,738,476 Balt.&O.Southw .H Apr. 183,633 176,022 58,316 62,000 Jan. 1 to Apr. 30... 724,735 745,197 245,356 253,542 1 to Apr. 30... July 1,962,734 1,949,766 687,349 683,804 Bait. & Potomac Apr. 33,454 146,954 143,722 43,466 Jan. 1 to Apr. 30... 117,664 541,344 531,820 142,376 Birm. * Atlantic. .UApr. 4,333 6,393 1,384 2,157 Jan. 1 to Apr. 30... 18.736 26,022 4,964 9,460 July 1 to Apr. 30... 57,749 59,028 19,395 23,373 Blr.Shcff.* Tenn.R. Moh. 12,337 16.386 3,441 5,217 18,046 Jan. 1 to Mch. 31... 42,097 49,090 13,536 246,302 68,908 Buff. Roch. *Pltt8..Apr. 169,248 84,458 218.323 203,725 Jan. 1 to Apr. 30... 836.473 582,397 July 1 to Apr. 30... 2,062,903 1,586,315 546,638 532,539 Burl. Ced. R. & No. r Apr. 14,949 254,267 206,688 61,266 271,672 Jan. 1 to Apr. 30... 1,077,423 963,730 322,454 Camden & Atlantic. 11 Apr. 54,334 4,764 51,520 3,568 Jan. 1 to Apr. 30. .. 172,898 168.244 def. 13,675 def. 16,406 440,162 Apr. 1,608,308 1,320,484 599,485 Canadian Pacific Jan. 1 to Apr. 30... 5,822,06 J 4,534,823 1.763.071 1.207,294 13.948 16.217 42,578 CapeF.&Yad.Val.UMay. 41,485 93,201 89,413 213.984 Jan. 1 to May 31... 247.620 228,637 184,736 422,055 July 1 to May 31... 554,285 552,502 48,259 def.25.025 626,023 Central of Georgia. Apr. 489,733 568,412 Jan. 1 to Apr. 30... 2,923,954 2,781,162 July 1 to Apr. 30... 7,760,633 7,412,243 1,924.149 1,974,227 422,621 445,286 Cent. of New Jersey. Apr. 1,034,950 1,079,709 ,351,966 Jan. 1 to Apr. 30... 4,108,775 3,701,992 1,630,237 443,039 613,436 Apr. 1.340,293 1,301,014 Central PaclHc 780,879 I Jan. 1 to Apr. 30. 4,794,084 4,144,213 2,066,602 3,188 2,289 7,711 8,947 I Chatt'nooga Union. H Apr. 9,804 8,359 Jan. 1 to Apr. 30... 30,364 32,490 I 378 def.112 6.464 5.808 Cberaw & Darl'gt'nlF Apr. I ' 7,833 34,794 17 765 41 .394 Jan. 1 to Apr. 30... . 1890. 232,720 26,414 38.776 9,661 19,210 48,905 25,600 42,184 6,826 3,999 22,425 23,053 5,010 4,315 71,079 15,266 Increase. Net Earniugs Monthly to Latest Bates.— Tlie following shows the gross and net earnings to latest dates of all railroads fcirnishing monthly statements. The compilation includes every road from which we can get returns of this character, and in that form is given once a month. Early returns are published from week to week, as soon as issued, but for the . Hieefc 1890. p.o.) j 1 1 2d . . & Mem. 1891. LIl. . JUNR 20, THE CHRONICLE. 1891.] —— Oro$$ Eamlngi. 1801. 1800. . Roadt. Chesftpeiikf Jan. July 1 $ f!70.407 ift Ohio Ai>r. to Apr. :i() 2.(il3,M05 to Apr. 30... 6,T2j.422 . 1 $ . 170,053 Ohes. O. & Soutliw.HApr. J,tn. 1 to Apr. 30... 737,362 Ohlo.Biirl.&QHlney.Apr. 2,481.668 Jftn. 1 to Apr. 30... 0.541.681 Ohio. Mil. .(rSt. Paul. Apr. 2.105..'>60 Jau. 1 to Apr. 30... 8,002,ti42 July 1 to Apr. 30... 23.259,062 143,.')34 Ohlc. & West Mich. Apr. Jan. 1 to Apr. 30. 511.615 . . . . Jan. 1 to Apr. 30... & Kint Pere Marq.Apr. Jan. 1 to Apr. 30... I'lB.Cent. &Penin.1IApr. Jan. 1 to Apr. 30... 1 to Apr. 30... July Oeoriria BR HApr. Jan. 1 to Apr. 30... July 1 to Apr. 30... Oa.8outh'n&Fl».1[Apr. Jan. 1 to Apr. 30... JiUy 1 to 'Apr. 30... «kand Rap. Alnd. HApr. Jan. 1 to Apr. 30... Total system.... HApr. Jan. 1 to Apr. 30... Gr-ndTr'kof Can.UApr. Jan. 1 to Apr. 30... Chic. & Grand Tr.ir Apr. Jan. 1 to Apr. 30... Det Or. Jan. H.&MU.TTApr. 1 to. Apr 30 .. 52.763 49,957 184,281 206,935 274,325 259.469 1,026,564 1,019,160 94,212 126,185 425,691 516,530 985,775 1,117,682 116.828 138,778 607,543 674,717 1,661,023 1,459,700 54,392 50,974 246,747 203,970 418,964 673,683 197,381 728,242 2.53,650 941,861 a 311.251 1,191.117 64,031 258,131 19,220 73,467 8 • 109,035 435,432 594,402 160,140 2,361,909 054,702 5,915,911 1,881,172 1,627,413 138,160 38,338 48,086 621,687 212,444 218,392 2,742,084 010,489 813,315 11,209,650 3,043,299 3,828,871 1,998,906 596,145 530,331 7,664,277 2,280,765 2,177,6^2 J2,.l5.'i. 578 7,910,6^3 8,098,275 139,048 52,308 56.390 474,385 148,008 162,.'V6.) — BlginJolict&E...irApr. ye< Barmngt.—-. 1801. 1800. « Cln.N.O.&Tex. Pact Apr. 343..122 353,400 Jan. 1 to Apr. 30... 1.37,->.!t75 1,361,286 July 1 to Apr. 30... 3,703,717 3,."i50,310 130,099 Ala. Ot. South.. .H Apr. 140,935 612.800 Jan. 1 Ui Apr. 30... 622.587 July 1 to Apr. 30... 1.618.224 1.619.413 HewOrl.&N'piwtllApr. 87.256 109.961 Jan. 1 to Apr. 30... 372.938 397.945 July 1 to Apr. 30... 966,382 970,481 Alabama ,&Vlck8.1I Apr. 45.503 50,390 Jau. 1 to Apr. 30... 208,079 221,062 503.352 July 1 to Apr. 30... 567.690 Ticks. Bh.&Pao H Apr. 42,441 33.273 204,542 Jan. 1 to Apr. 30... 197,103 July 1 to Apr. 30... 559,033 565,970 80.676 caer. Akron* Col. U Apr. 70.230 289,318 253,750 Jan. 1 to Apr. 3u... 746.681 July 1 to Apr. 30... 649.917 Cneverd & Canton.. Apr. 54,506 41.935 176,421 Jan. 1 to Apr. 30... 147,241 511,060 July 1 to Apr. 30... 400,370 0Iev.Cln.Ch.&8t.L.Apr. 1,044.426 1.046.593 Jan. 1 to- Apr. 30... 4,168,893 4,031,107 July 1 to Apr. 30... 11.081, 219 10.719.200 125.671 114.672 Peo. & East, Ulv.HApr. Jan. 1 to Apr. 30... 492.611 498,014 31.026 27.232 Clevc. & Marietta. 1 Apr. 115,289 Jan. 1 to Apr. 30... 81,695 July 1 to Apr. 30... 307,980 223,082 169,703 Colorado Midland.. Apr. 158,764 Jan. 1 to Apr. 30... 644,039 574,144 July 1 to Apr. 30... 1,621,450 1,382,219 Colorado Fuel Co... Mch Jan. 1 to Mch. 31 July 1 to Mch. 31 Ool.Hock.Val.&Tol...Mch. 226,440 212,744 613.903 543,171 Jan. 1 to Mch. 31... €toTlngfn<fcMao'n...Mch. 11,050 11,852 36.293 38.222 Jan. 1 to Mch. 31... 656,9.36 636,493 Denv. & R. Grandelf Apr. Jan. 1 to Apr. 30... 2,469,981 2,377,696 16,209 18,235 DesMoln's&Norw.H Apr. Jan. 1 to Apr. 30... 62.949 69.155 38.011 32,576 Det. BayCitv&Al.Apr. 175,397 159,123 Jan. 1 to Apr. 30... 100,526 105,193 Det. Lans. & North. Apr. 368,687 367,258 Jan. 1 to Apr. 30... 534,459 524,643 JC. Tenn.Va. &Ga....Mch Jan. 1 to Mch.. 31... 1,670.177 1,661.586 July 1 to Mch. 31... 5,270,005 4,889.656 49,501 63,272 Knoxv. AOhio.. Mch. 149,639 189,647 Jau. 1 to .Mch. 31... 452. 145 July 1 to Mch. 31 570,614 538,761 550,216 Total system.... IT Apr. Jan. 1 to Apr. 30... 2,410,040 2,349,986 July 1 to Apr. 30... 6,390,835 5,880,561 219,501 796,290 279,433 1,009,498 o 335.951 1,233,736 66,953 253,019 19,913 70,900 9 11.5.373 113.102 418.902 416,618 1,170,340 1,313,688 40,026 27,809 218,173 178.400 538,003 563,066 24.000 31,000 94,000 107,000 231,000 270,000 5,000 8,000 45,000 54,000 150,000 165,000 5.000 def. 12,000 60,000 19,000 157,000 138,000 22,278 18.947 69,196 61,189 196,917 169,221 19,673 14,358 57.636 42,907 183.214 133.072 354. S15 353,923 1,305,654 1.338,015 3,509,759 3,728,595 15,196 37,118 91,815 131,493 8,947 8,003 29,954 18,433 77,327 45,978 42.821 50,.502 167,142 174,673 504,803 435,576 25,114 22,458 76,874 65,705 235,649 229,228 107,038 98,517 250,523 221,796 554 800 5,217 7,144 212.117 252,123 665,953 873,495 6.095 6.967 26,149 23,887 8,605 13,372 66.633 85,022 26,752 33,675 92.299 97.910 190,147 193,002 618,946 637,963 1,743/742 2.006,855 32,767 20,389 58.113 98,630 217,106 165.382 133.182 187,373 901,949 829,258 2,148,221 2,305,419 20,077 76,769 76,390 264.469 35,500 158,162 280,043 41,138 241,323 625,257 14,889 64,527 216,175 19.575 75,626 75,589 295.702 15,351 103,720 211,758 62,722 200,798 82,076 271,307 78,264 255,340 111,392 334.812 « 91,305 279,256 14,878 62,131 4,294 12,411 S 11,351 172,693 434,472 19,100 77,676 173,890 * 106,203 313,522 16,717 59,415 4,494 11,096 S 169 def. 22 2,933 3,256 Chicago... IT Apr. 2,662 15.091 def.1,431 12,159 Jan. 1 to Apr. 30... 275,124 l.,308,898 278.457 UMay. 1.358,949 Central*... nilnols Jan. 1 to May 31... 7.085,767 6,472,617 1,660,475 1,510,176 July 1 to May 31... 16,327.511 15,328,763 4,691,138 5,064,363 11,058 31,458 39,832 3,458 Ind. Dec. AQuiucy HApr. 30.222 33,203 141,414 137,458 Jan. 1 to Apr. 30... 96,328 367,574 111,810 399,218 30... Apr. July 1 to 110,099 20,235 127.784 33,648 Apr. Iowa Central 50S,38l 155,004 179,577 533,868 Jan. 1 to Apr. 30... 391,203 477,890 July 1 to Apr. 30... 1,191.931 1,303,203 36,153 18,336 75,470 54,106 W....Apr. Jaclt.Tam.&K. 97.2."3 174.511 275,705 348,523 Jan. 1 to Apr. 30... 549,443 220,116 128,154 604,292 30... July 1 to Apr. 23.530 6,955 29.385 Kanawha & Mich. HApr. 16,743 88,569 101,217 Jan. 1 to Apr. 30... 81,451 296.136 218,213 30... Apr. July 1 to 84,315 383,931 371,314 100.663 Kan.C.Ft.S.&Mem. Apr. 418.696 394.919 Jan. 1 to Apr. 30... 1,.528.603 1,565.195 1,318,232 4,000,244 4,151,838 1,113,973 30... July 1 to Apr. QnU & 987 r^—Orou Kamtngi. 1891. IgOO. ITitt Caminat 1891. , fgflO. Jtoarf*. Keokuk A Weiifn.TIApr. Jan. 32,030 24,306 Apr. 30... 135,317 113.462 Krie All. & 8outh.11 Apr. 6.713 5,534 J>D. 1 to Apr. 30... 23,483 20,504 Lake. B. A West'm H Apr. 2,30,052 233.373 Jan. 1 to Apr. 80... 9(0.954 I.eh. Allud. Rlver.U Apr. 29.613 29,125 Jan. 1 to Apr. 3i)... 130,923 103,718 July 1 to Apr. 30... 309,456 253,40(» Loulsv. A Maiihvlllo. Apr. 1.607.048 1,478.01)7 Jan. 1 to Apr. 30... 6,179,383 0,081.357 July 1 to Apr. 30... 16.213,758 15,783.514 Louli. N. A. 4 Cblc.H Apr. 209,612 200,644 Jan. 1 to Apr. 30... 810.360 735,378 LoulsT. N.O. A Ter. Apr. 268,273 90,866 Jan. 1 to Apr. 30... 1.249,403 910,664 1 to I,. . L A Tez.HApr. 38,114 32,340 Jan. 1 to Apr. 30... 132,309 112,008 Mem.dt Chnrleiiton.H Apr. 120,760 140,807 Jan. 1 to Apr. 30... 643,909 593,887 July 1 to Apr. 30... 1,528,023 1,512,311 Mexican Central Apr. 691,846 616,264 Jan. 1 to Apr. 30... 2,271,754 2,245,21 .Mexican National. .. Apr. 340,488 315,760 Jan. 1 to Apr. 30... 1,393,985 1,278,976 Mil. 4 Northern... HApr. 138,591 134.630 Jan. 1 to Apr. 30... 518,329 • 469,289 July 1 to Apr. 30 .. 1,368,441 1,158,980 Minn. * St. Louis. .HApr. 117,355 109,633 Jan. 1 to Apr. So... 478,571 445,808 July 1 to Apr. 30... 1,338,850 1,302.365 •Mlnn.StP.&S.S. M.H Apr. 175,331 147,412 Jan. 1 to Apr. 30... 631.442 636,494 .Vash.Chatt.* 8t. L.H May. 305,378 298,050 Ixiula. St. . . 1 to May 31.. 1,561.946 1,434,277 July 1 to May 31... 3,636.944 3,275,102 N. Orleans & Gulf .H Apr. 14,572 12,665 Jan. 1 to Apr. 30... 86,470 49,874 .S.T. L.E. & Western. Apr. 2,234.032 2,345,757 Jan. 1 to Aur. 30... 8.751,991 8,800.517 Oct. 1 to Apr. 30... 16,356,792 16,272.551 X.Y. & Northern. HApr. 37.814 48,899 Jan. I to Apr. 30... 139,811 170.609 July 1 to Ai)r. 30... 388,832 479,131 N. y. Ont. & West'n. Apr. 228.080 174,693 Jan. 1 to Apr. 30... 870,113 653,038 July 1 to Apr. 30... 2.29J.878 1,818.747 N. Y. 8US.& We.^t'nHApr. 126.933 122,095 Jan. 1 to Apr. 30... 451,858 415,236 N'orfolk & Western. Apr. 763.277 692,636 1 to Apr. 30... 2,810,540 Jan. 2,573,881 Central... Apr. 542.979 Northern 556,916 Jau. 1 to Apr. 30... 2,049,426 2,169,120 Jan. . . . . . . . . Apr. 1,905,261 1,923.073 Northern Pacific Jan. 1 to Apr. 30... 6.905.327 6,059.962 1 July to Apr. 30....21,35^,941 18,715,328 Wi8c:)ns'n Cent'l.H Apr. 401,618 391.307 . . Jan. 1 to Apr. 30... Tot. bothCo.'s.lTApr.. Jan. 1 to Apr. 30.... Ohio & Mississippi ... Apr.•. Jan. 1 to Apr. 30.. July 1 to Apr. 30.. . l,Sl)9,4l6 1,445.383 2,309,879 2,317,280 8,414.743 7,505,314 309,242 314,630 1,291.816 1,292.494 3.471.344 3,516,781 Apr. 48,532 Ohio River 47,499 Jan. 1 to Apr. 30... 183.089 178,517 Oregon Imp. Co.. ..Mch 303,250 368,311 Jan. 1 to Mch. 31.. 919,988 953,870 . . . 12,320 56,140 2,207 4.013 90,378 408,368 3.568 40,73« 1,000 3,404 86.030 368.389 11,381 12,654 39,830 37,90« lOH.lIl 102.I33 473,4it 406,548 2.214, 167 2.241.110 6,OI»7.033 6,200,340 36,190 40,038 141,816 147,406 40,336 lef.28.400 291,525 160.464 10,008 I4..308 55,713 4S.461 29,933 31,10S 145,608 150.700 468,630 506,380 222,442 161,871 868,631 778,637 87,482 66,382 378,428 343.870 64.401 66.284 190,634 167,537 636,673 410,607 32,653 13.309 184.793 136,264 491,173 464,201 61,167 43,055 211,160 169,660 128,876 107,405 605.941 534,524 1,478,151 1,293.168 1,047 738 884 3.20S 734,057 779.513 2,808,857 2.806.257 5,376.713 5.531.607 4.449 8.820 13,370 21,056 67.220 86.103 48,338 32.068 148,899 104.866 517,937 350.193 53,137 49.360 181.169 158,425 258.282 210.29O 843,518 776,344 187,420 155.344 595,840 623.032 749.534 823.779 2,403,467 2.200,573 8.932,219 8,075,421 153.039 178,744 503.330 488.124 904,622 1.002.523 2,968.796 2,688,696 92.492 77.766 341.015 326.198 974.914 1.127,210 13,394 18,800 54,889 68.021 40,179 40.746 136,891 49,425 Penn.(ea8tofP.&E.).Apr. 5,379,003 5.619,357 1,608,534 1,687,771 Jan. 1 to Ajjr. 30. ..20,649,504 21,083,474 5,932,148 6,036.219 Dec. 85,723 Inc. 330,715 Lines w'stotP.&E. Apr. 'Inc. 26.201 Jan. 1 to Apr. 30... Dec. 9 47,09 Petersburg 52,994 51,605 24.326 21,120 H Apr. Jan. 1 to Apr. 30... 191.278 188,454 73.708 75,916 4D3.441 437,964 164.831 July 1 to Apr. 30... 151,357 386,533 475,047 156,867 191.583 Philadelphia & Erie. Apr. 466,252 Jan. 1 to Apr. 30... 1,370,061 1,484,839 455.673 686,455 A. Reading Apr. 1,610,326 1,676,996 680.395 Jan. 1 to Apr. 30... 6,344.733 6,066,1(15 2,590.290 2,285,:142 Deo. 1 to Apr. 30... 8.030.844 7.721.017 3,289.938 2,960,811 Apr. 1,305,696 1.395.577 def. 80,464 def. 5.5,52 J Coalifc Iron Co Jan. 1 to Apr. 30... 5,230,066 4. 700.526 df .320.988 df .246.29 > Dec. 1 to Apr. 30... 6,85i,413 6,075,122 df.311,120 df.274,77S 624.875 603.991 Total both Co.'s Apr. 2,916,023 3.072.573 Jan. 1 to Apr. 30... 11,594.801 10.766,630 3.269.302 2.030.051 Dec. 1 to Apr. 30. . 14,887,288 13,796.169 2.978.819 2.676,068 Dec. 21.895 Dee. 131,371 PitU. C.C. 4 8t. L.HMay. Dec. 53.232 Dec. 530, /28 Jan. 1 to May 31... 710 3,538 3.251 321 Pitts. Mar * Chic. HApr. 14,151 11.769 2.715 631 Jan. 1 to Apr. 30... 22.017 19,716 Apr. 7,9<-K) 7,441 Pitts. 8hen. & L.E.H 84,161 77,838 28,263 31.813 Jan. 1 to Apr. 30... Phlla. Pittsburg & West'n. Apr. jBn.'l to Apr. 30... Pitts. Cleve. & Tol . Apr Jan. 1 to Apr. 30... Pitts. Paines. & P.Apr. Jan. 1 to Apr. 30... Apr. Total system Jan. 1 to Apr. 30... Pitts. Yo'ng8.4 Ash.H Apr. Jan. 1 to Apr. 30 Qulu. OmahaJ[K.O.H Apr. Jan. 1 to Apr. 30.. 108.509 424.752 28.938 121,608 12.326 71,134 149,773 617,794 70,851 236,133 19,306 81.824 30.437 Rioh. iPetersb'g.H Apr 1 10,794 Jan. 1 to Apr. 30.. 287,214 July 1 to Apr. 30.. 193.730 Rio Grande West'n Apr. 719.816 Jan. 1 to Apr. :io . July 1 to Apr. 30 . 1,919.169 8,100 Sag. Tus. 4 H»ron.H Apr. 28,956 Jan. 1 to Apr. 30... . . . 121,317 28.699 453.972 152,119 41.261 def.3,595 164.620 def. 1,837 23,193 def.7,463 def. 801 75.843 185.771 17.639 681.437 149,481 129.027 23,5.39 60.015 430.998 4.540 19.897 24.693 75.382 29.783 1.717 113.141 10.845 60.536 262,069 66,470 131,006 331.30-2 467.614 743,012 1.303.403 7.393 3,118 35.417 6,666 63.067 198.341 9.657 33.218 6,934 16,562 70,548 247.121 57.2-27 163,044 4.023 18.711 ' 12,464 38.345 80,615 31,102 110,26» 447.543 1,408 6.184 THE CHRONJ( 938 gross Earnings 1890. 1891. . Roags. et L.A..&r.H.belis'IApr. Jan. 1 to Apr. 30... St. Paul&DuliitU-U.Apr. Jan. 1 to Apr. 30... July 1 to Apr. 30... &No. PacMay. Jan. 1 to May 31... July 1 to May 31... Sav. Am. i Mont...Apr. S.Fr.in. $ S , . }fet EanUnas. . 1891. 1890. $ S 43,590 107,934 31,544 97,545 373,460 10,133 30,714 192,909 35,530 97,662 106,463 171,356 383,091 446,263 33,586 114,952 105,912 110,940 383,227 409,263 463,261 1,283,066 1,173,334 31,111 70,297 75,910 66,085 251,094 284,044 674,397 249,556 751,443 13,914 22,778 37,432 62,370 8i>,332 158.747 182,121 183,626 418,35J 4,271 6,390 def.12,000 12,542 15,059 21,425 16,054 37,392 60,656 140.450 16,791 84,188 112,763 193,003 518,689 621,273 547,251 1,491,580 1,216,139 7,822 41,960 90.018 1,498 Jan. 1 to Apr. 30... July 1 to Apr. 30... TIApr. SUverton Jan. 1 to Apr. 30... 7,918 Sioux Citv&NortU.TI Apr. Jan. 1 to Apr. 30... 7.639 Carolina.... U Apr. South 200,284 Jan. 1 to Apr. 30... 397,182 30... July 1 to Apr. Southern Pacitle Co.— 32.209 301,664 56,929 342,699 Gai. Har.&S.Ant. Apr. 213.651 197,745 Jan. 1 to Apr. 30... 1,334,901 1,273,614 41,756 23,667 65,903 86,501 Louisiana West'n. Apr. 180,365 292,694 348,293 89,529 Jan. 1 to Apr. 30... 140.510 434,033aef. 11,520 321,495 Morgan's La. &Tex. Apr. 468,560 462,107 Jan. 1 to Apr. 30... 1,855,460 1,679,723 419 3,594 16,161 14,781 W.Y.Tex. A Mex.. Apr. det. 18,396 51,549 def.9,3S4 48,'ra6 Jan. 1 to Apr. 30... 41.532 43,635 123,303 120,061 Ter.&NewOrl'as. Apr. 233.163 168,723 430,128 589,058 Jan. 1 to Apr. 30... 25;),4«5 116,563 871,574 961,660 Atlantic system... Apr. 895,690 1,076,85? Jan. 1 to Apr. 30... 4,013,417 3,942,268 960.765 Pacific system.... Apr. 2,871,753 2,888,908 1,126,809 Jan. 1 to Apr. 30... 10,574.9 10 9,573,698 3,847,515 2,093,009 Total of all Apr. 3,743,327 3,850,568 1.243,372 1,220.230 Jan. 1 to Apr. 30.. .14,618,327 13,544,111 4.743,205 3,170,636 79,403 82,056 166,293 182,376 Coast Division...!; Apr. 191,537 571.369 581,032 209,818 Jan. 1 to Apr. 30... 144,337 540,289 170,554 528,679 SoutU'n Diyi.sion.1I Apr. 463,022 653,830 Jan. 1 to Ai>r. 30... 2,016,036 1,931,205 67.342 37,326 181,963 Arizona Division.^ Apr. 166,463 223.694 173,152 619,738 680,729 Jan. 1 to Apr. 30... 53.983 107,562 41.015 90,639 New Mexico Div.TI Apr. 135,773 347.079 148,979 Jan. 1 to Apr. 30... 341,195 11,703 64,127 13,336 67,252 Ststea I. Rapid Tr.lTApr. 22,165 J.-in. 1 to Apr. 30... 237,291 216,724 28,248 208,903 819,673 738,311 255,129 July 1 to Apr. 30... 1,825 1,915 dcf.4.178 def.3,554 Stony Clove &C.M.1I Apr. 5,188 6,097 def.7,296 def. 4,910 Jan. 1 to Apr. 30... 4,312 def. 7.134 102,673 101,843 Summit BrancliH... May. 40,412 def-41,745 360,080 Jan. 1 to May 31... 508,586 4,717 100,036 def.4,178 82,934 Lykens Valley1T...May. 372,784 360,953 det. 7,296 def. 9,726 Jan. 1 to May 31... 201,879 134 rtof. 2,417 Total both Co'sV.. May. 185,606 881,348 721.031 33,117 def. 51, 469 Jan. 1 to May 31... 83,100 69,200 Tenn.Coal&I'nCo.lMay 31.' 263,900 425,800 1 to May Jan. 462 Miai'il..'; Apr. 14,839 13,931 2,311 Tennessee 11,856 61,486 13,863 Jan. I to Apr. 30... 60,488 171,416 56,875 48,613 183,925 July 1 to Apr. 30... 29,972 100,160 30,572 92,103 Tol. A. A. &S. .M..TApr. 380,241 134.112 136,837 Jan. 1 to Apr. 30... 335,310 10,372 15,019 29.489 28,281 Toledo Col. &Cin.. IT Apr. 41,610 107.072 98,250 46,830 Jan. 1 to Apr. 30... 241,416 99,610 118,744 July 1 to Apr. 30... 267,973 121,499 43,843 131.612 55,658 Toledo* OhioCent.r Apr. 405,624 153,501 445,753 171,591 Jan. 1 to Apr. 30... 438,398 July 1 to Apr. 30... 1,286,071 1,135,428 479,752 75,651 18.681 Tol.Poorla&We3t..«|Apr. 73,625 17,943 298,452 Jan. I to Apr. 30... 288,368 70,978 69,948 778,886 790,076 205,597 July 1 to Apr. 30... 188,952 30,301 29,749 13,209 11,336 Ulster & Delaware 1i. Apr. Jan. 1 to Apr. 30... 87,345 30,150 91,282 27,737 UBlon Pacific— 629,105 701,201 235,487 Oreg. 8.L. &U. N. Apr. 282,800 947,976 Jan. 1 to Apr. 30... 2,423,019 2,084,522 567,852 Ore.Ey.&N. Co...Apr. 433,752 355,229 90,784 def. 666 Jan. 1 to Apr. 30... 1,365,841 1,007,278 431,053 dt. 168,320 Un.Pao.D.&Gulf.Apr. 338,078 404,748 63,053 115,322 Jan. 1 to Apr. 30... 1,537,503 1,601,563 235,407 410,976 119.131 17,337 70.892 46,825 St. Jos. AGd.Isi TIApr. Jan. 1 to Apr. 30... 233,035 494,810 47,011 203,920 507.273 All other lines ..r Apr. 1,717,010 1,954,371 576,827 Jan. 1 to Apr. 30... <;,259,337 6,876,293 1,943,388 2,032,758 Total Svstem Apr. 3,23^.867 3,547,729 913,934 1,021,107 Jan. 1 to Apr. 30... 12,123,736 12,064.472 3,609,836 3,078,634 Cent.Br.&Le.is.L.TIApr. 60,012 91,241 8,929 20,531 Jan. 1 to Apr. 30... 206,403 428,484 8,889 169,228 Total controlled. 11 Apr. 3,298,879 3,038,970 922,863 1,041.638 Jan. 1 to Apr. 30... 12,330,139 12,492,956 3,618,725 3,247,912 Montana Union. ..UApr. 46,984 80,460 8,216 det. 3,846 Jan. 1 to Apr. 30... 30.183 def. 97,702 30»,333 270,093 Leav.Top. &8.\V."'Apr. 3,127 2,092 def-1,942 def. 4,746 Jan. 1 to Apr. 30... 9,539 9,949 def .9,486 def. 12,417 Man.Alma& Bur. UApr. 3,751 1,923 def.2,163 def. 4,898 Jan. 1 to Apr. 30... 13,233 10,676 def. 2,618 def.3,193 Roads Jointlyowned— One-half UApr. 26,931 42,238 2,055 def. 6,745 Jan. 1 to Apr. 30... 163,057 145,331 9,026 def. 56,671 Grand total Apr. 3,325,810 3,681,207 924,918 1,031,893 Jan. 1 to Apr. 30. ..12,193,197 12.638,317 3,627,751 3,191,241 Wabash Apr. 995,138 1,000,316 236,742 19«,271 Jan. 1 to Apr. 30... 3,957,958 4,165,412 938.038 1.1)32,131 July 1 to Apr. 30. ..10,912,329 11,433,099 2,956,032 3,320,050 Wash'gfn South'nU. Apr. 30,013 24,878 12,487 3,021 Jan. 1 to Apr. 30... 96,303 91,161 30,621 dct.2,416 West Jersey UApr. 108,506 103,881 31,203 36,175 Jan. 1 to Apr. 30... 385,469 370,063 61,239 78,527 W.Va.Cent.A Pitts. .Apr. 95,048 72,091 30,990 22.107 Jan. 1 to Apr. 30... 357,441 269,493 119,873 90,077 West. N. Y. &Peun. Apr. 268,475 307,541 78,302 109,453 Jan. 1 to Apr. 30... 1,077,211 1,100,464 307,761 363,636 July 1 to Apr. 30... 2,964,196 3,039,674 925,452 812,940 LE. [Vol. Lll. ^— Gross Burnings. 1891. 1890. Soads. $ $ Wheel. & Lalce ErieK Apr. 111,799 96,125 Jan. 1 to Apr. 30... 389,014 3.52,218 July 1 to Apr. 30... 1,001,197 842,346 Whltebr'st FuelCo.1i.Apr Jan. 1 to Apr. 30 July 1 to Apr. 30 Wrights. & Tenn'le.ir Apr. 6,655 6,373 Jan. 1 to Apr. 30... 32,383 29,807 July 1 to Apr. 30... 82,249 74,650 , A'e( . 3 Earnings. 1890. , 891. $ 46,854 141,899 388,817 15,247 50,725 133,053 1,459 13.468 26,968 $ 38,434 139,862 336,905 13,356 61,174 128,457 2,753 13,555 32,616 U A paragraph mark added after the name of a road indicates that the fij?ures for that road have not previously beeu given, but appear for the first time in this issue. * Whole system, including Iowa lines. — Interest Charges and Surplus. The following roads, in addition to their gross and net earnings given above, also report charges for interest, &c., with the surplus or deficit above or below those charges. ^Inter't, rental), ttc.-^ ^Bal. of iV'c«. Earnf.s Roadf. Grand Rapids &Ind. Apr. Jan. 1 to Apr. 30... Apr. Total system Jan. 1 to Apr. 30... Nash.Chatt.&St.L.rMav. July 1 to May 31... San Fran. & N.Pac. May. July 1 to May 31... Tcnn.Coal&I'nCo.May. Jan. 1 to May 31... 1891. 1890. 1891. $ $ $ 72.737 299,931 90,363 367,431 86.868 976,524 17.292 190,382 36,000 180,000 1890. 9 3.777 74,487 def.10,015 276,348 def.93,933 def. 20,809 99,572 def. 8,287 11,820 34.5,684 def. 96,122 def. 10,872 76,970 30,524 42,008 872,432 501,627 420,736 17,400 13.819 1.733 185,379 59,174 7,530 36,000 33,200 50.100 179,000 83,900 246,800 ANNUAL REPORTS. Pittsburg Fort M'ayne & Chicago Kailway. C For the year ending December Zl, 1890. This is the most prominent of the Western leased lines of the Pennsylvania system. The annual report is mainly statistical, and a summary of figures in comparison with the previous year is prepared for the Chronicle in the statement below: EARNrNGS .VND EXPEK8GS. 1889. Earnings— * • 10,862,899 12,020,934 2,721,838 1,876,311 974.848 946,857 458,999 3,296,710 2,150.885 1,088.185 953,084 6,978,855 3,884,045 17,6i6 7,959,834 4,061,100 13,148 3,901,661 4,074,248 Express, &c Total M..tive power Maintenance of way Maintenance of cars General expensss Total expenses Neteamings Net gain from oper. Newcastle & Beaver V. RR. Total net income The Pennsylvania Co., ments during the year: lessee, has $ 8.434,588 2,812,448 773,898 Passengers Exprnses — Conducting transportation 18S0. 7.443,913 2,712,761 708,225 Freight made 470,990 the following pay1889 1390 1,380,000 847,742 728,700 140,000 19,000 1,330,000 866,350 Profit Net earnings as above on Newcastle & Beaver Valley 3,115,442 3,884,045 17,616 3,134,050 4,061,100 13,148 Total net earnings Paid as above for rental Paid to sinking fund 3,901,661 3,115,442 104,100 4,074,248 3,134,050 104,100 3,219,542 3,238,150 836,093 Dividends on regular stock Dividends on speciiil stock interest on first and second mortgage bonds.. Interest on third mortgage bonds Miscellaneous Total Profit to lessee 682,119 728,700 140,000 19,000 GENERAL INVESTMENT NEWS. Brooklyn City (Street) RB.— The N. Y. Tribune says: "la April the stockholders of the Brooklyn City Railroad Coinpany, by a majority vote, authorized the issue of $6,000,000 in mortgage bonds. It has been discovered that by a law enacted by the last Legislature the consent of two-thirds of the stockholders of any conipany, duly acknowledged in writing is necessary to authorize such an issue. The officers of the company have written to all the stockholders, and expect speedily to secure all the consents needed." Called Bonds.—The following bonds have been called for payment: Chicago Bchlinqton & Quincy.— Burlington & Missouri River Railroad Company in Nebraska, non-exempt 6 per cent bonds, due July 1, 1918, to be paid at the office of the NewEngland Trust Company, No. ».5 Devonshire Street, Boston, on the first day of July, 1891, with accrued interest to that date; 16 bonds for §600 each, viz.: Nos. 1,008, 1,251, 1,432, 1,535, 1,620, 1.637, 1,692, 2,101, 2,118, 2,219, 2,289, 2,383, 2,397, 2,455.i 1,958, 1,99» June And THE CHRONICLE' 30, 1891.] 75 I)on(U for <1,000 each, viz. No8. 4.4.^1. 4,1»1, 4,742, 4,740, 4,932, 4,0S3, B.SSq. 6,400, 8,43'', ,•5,4.11, e,401l, .1,4.1!!, (I.ri:t3. .'>,.1ta, (I.iiilll, 5,8.10, 5,MI»6, .I.HIIT, .l.ft.lH, «,();m, 8,Sltt, (1,1117, (l.tl.lH, 7,(IJ0. 7,2ll(), »l, I 111, 7,.f().1, (I 207 7,.13J 7,570, 7,70.1, 7,71 1, 7,!t2l, 7,i»87, 8,0^i>, h.ImK, S.IKO, S,2:J7, H niH 8,547, H.tV.ii. M,712. B,720, 8,l»77, 8,»1).1, 9,10<), U,14!t, (»,278, U,:tUl' 0.:J8», !>,:)i)7, !»,U!), 0,421. 9,473, 0,.128, »,fl«0, !).x(>2, !t,S08, 11,1174 9,!»78, lt),l()S, 10,318, IO,:itiO, 10,9,19, 10,.1(19, 10,7.17, 10,7(! I, lO.MIl 10,884, 10,010, H).UU2, 11,103. 11,10(1, U,2ie, 11,239. CmcAQO BuRLiNQTON & QuiNcY.— Republican Valley Rnil- 989V the company's propoaition, which has been a $I,IMJ0 IxtnrI at 80 per cent to each liolder of 100 shares or lens of stock and «n additional bond for each multiple of 100 tbMee held. The sale of the 400 additional bonds will bn continued in the way. At80 the 800 bonds sold have realized $180,000. Thl» has been employed to retire in round numbers $390,000 of the 8300,000 coupon 6 per cent note*, duo .St-pt. 1, 1891, $50,000 of the $104,200 5 per cent coupon notes dun July 1, 1891, $13,000 cognovit 5 per cent notes due Fob. 1 1 ^^i> i $ 00,000 of the $9W,098 bills parable, as set down in the annual report for the fiscal Mme Comp.iny 6 per cent Irands. due July 1, 1»19, to be p;iid at the olliie of the New England Trust Company, 8i) Devonyear ended June 80, 1890. Part payment, $30,000, has likeshire Street, B-jston, on the first day of July, 1891, with wise been mode on seven new locomotives, ju.st received by accruetl interest to that date. Four (4) bondii for |600 each, the company. The company thus c<in»olidates and extend numbers $352,000 debt and retires 8100,000 of bills payable. This work , Toat\ , 1 : 17, 38, 170, .S53. And ten (10) bonds for $1,000 each, numbers 24, 90, 149, 295, 764, 48, 139, 209, 000, 783. will be continued until all or nearly all of the debt U consolidated or canceled. When the $l,0(iO,OOCof Ss have been sold and applied to debt and betterments, the charges of the company will be about $200,000 a year for interest, taxes and rentals. The new H(x:king connection is bringing a great addition to the coal traffic but there is a gain in other directions, and in miscellaneous and passenger traffic. The gross earnings for the fiscal year to end this month are estimated at $650,000, and the net at $330,000, and the surplus at about : & Manitoba.— First mortgage sink7 per cent land grant bonds of 1879 due July 1, The numbers are published of 8379,000 of these bonds drawn for payment on or before July 1 next. For a list of the drawn bonds application should be made to Messrs. J. Kennedy Tod & Co., 45 Wall Street, at whose office the drawn bonds will be paid. $35,000, Eastern of New Hampshire— At the annual meeting of Central Railroad of Georgia.— President E. P. Alexander of this company is (moted asjsaying that the company intends the stockholders of the Eastern Railrcjad in New Hampshire, to build a line from EUabel, on the Savannah & Western, to held at Portsmouth, N. H.. it was voted that "the capital stock Oconee, Ga., on the main line, a distance of about 80 miles. of the corporation is hereby increased and fixed at the sum of Tills will shorten the distance between Savannah and Macon $750,000, divided into 7,500 shares of $100 each, and St. Paul Minneapolis ing fund 1909. ; about 30 miles. Part of this lino has already been surveyed the* directors are hereby authorized to issue the addi- and graded, and is now ready for the rails. A survey will tional stock hereby created at such times as they see fit. The soon bo made of the remainder of the line. This line is the directors afterward declared a dividend of 50 per cent shortest line that can be built from Savannah to Macon, and in stock. This railroad is leased to the Eastern liailroad of will not deviate from an air line 10 miles at any point. It Massachusetts for a term of 99 years at a rental of $23,500, will make the distance to Macon about 160 miles, instead of which is a trifle more than 4J^ per cent on the $500,000 capital stock. The Boston Journal remarks that "this increase in 193 as at present. Chicago Gas.— The Chicago dispatches state that a settle- capital will only warrant a dividend of 8 per cent, unless the ment has definitely been reacheci with the city officials on lease is changed, which is probable, as the directors have the basis of |1 gas to the city and the city to get 3J^ per cent been authorized to arrange for a union with the Boston & of the gross receipts. The price of gas to other consumers is Maine Railroad Company." to remain at $1 25 until 1893, when a reduction of 5 cents in EransTille & Terre Hante.- Notice is given "that at a the price vrill be made each year following until $1 has been meeting of the directors held June 15, 1891, the proreached. This is to be bottom price. This settlement carries posed increase of capital stock was deferred, and in lieu thereof with it the assurance that the company will be protected by the quarterly dividend was increased to 3 per cent, payable the city against competition. The gas company guarantees July 38, 1891, to stockholders of record of June 18, 1891, each that the payment of 3J^^ per cent to the city shall be at least of such stockholders being given the privilege of subscribing $1.50,000 per annum. The agreement for the reduction in the to $1,000,000 of the Evansville & Richmond bonds, in proporprice of gas is to continue as long as the franchise of the gas tion to their holding of stock, at 80c, and accrued interest, companies is not attacked by the city of Chicago, and so long subscriptions to be sent to Farmers' Loan & Trust Company as the present rights of the said companies to extend mains previous to June 35, when subscription books close." within the city limits are not curtailed. The price of gas for International & Great Northern.— Negotiations to effect a the city lamjis is fixed at |30 per lamp, and for public buildings not to exceed $1 per thousand feet. The city is to dis- settlement between the several interests having failed, Messrs. Turner, McClure & Rolston, counsel for the Farmers' Loan miss all pending suits attacking the franchises of the gas com- & Trust Co., panies. — Cincinnati Jackson & Mackinavr. Cincinnati Hamilton & Dayton. A decree of foreclosure of the Cincinnati Jackson & JIackinaw Railroad Company's property was handed down on June 5 in the United States Circuit Court for the western division of Ohio. The sale of the property has been ordered under the deed of trust in favor of the Central Trust Company, trustees for the consolidated mortgage of 1886. The road will be sold in ninety days, or some time in September, when it will probably be leased to the Cincinnati Hamilton & Dayton, that company guaranteeing a new four cent bond that will be issued by the reorganized company. Cincinnati Southern— Cincinnati New Orleans & Texas.— The sub-committee from the general committee appointed by the various exchanges and commercial bodies in Cmcinnati to consider the subject of a sale or extension of the lease of the Cincinnati Southern have submitted a lengthy report. They are of the opinion that the best interests of the city will be subserved by an extension of the lease perpetually, with certain modifications. There should be a provision in the lease that when the gross earnings exceed a certain amount per mile, a certain percentage of the surplus should come to the city as increased rental, and in view of the valuable concessions proposed to the present lessees in offering a perpetual lease, there should be a specific covenant that the rates from Cincinnati to certain Southern points shall not exceed specific percentages named of the whole rate from New York to suc-h point}. The report was referred to the various commercial — bodies for their consideration. The act of March 8, 1889, authorizes the trustees of the railways, with the approval of a majority of the trustees of the sinking fund, to extend thi' lease at a rental of not less than $1,3.50,000 per annum, from the termination of the present lease, Oct. 12, 1906, provideci that said extension shall be made within three years of the passage of the act. Cleveland & Canton.—The Boston Herald comments at length upon the affairs of this company, stating that some months ago the shareholders authorized the issue of §2,000,000 5 per cent equipment trust and improvement bonds to run until July 1, 1917, at which time the $3,000,000 first mortgage 5s mature. Later the directors voted to sell $600,000 of these bonds. The management has already accomplished the s.-ik', and a little more, and the directors have now votid to sell $400,000 more, making $1,000,000 in all. The etxiv as been broughf "(bout by an individual canvass of shareholders aiul the tui. ^ment has found them surprisingly responsive to i trustees under the second mortgage, have instituted proceedings in the U. S. Court in Texas for foreclosure. Tex., a legislative committee is in session investigating the old matter relating to the appointment of the State Court receivers. The proceedings are published at length in the Galveston News. The investigation is taking a wide range. At Galveston, Kansas City Wyandotte & Northwestern.—At Leavenworth, Kan., June 18, in the United States Circuit Court, a decree of foreclosure and sale of the Kansas Citv Wyandotte & Northwestern Railroad was entered. The sale", which will take place next December in Topeka, is to satisfy a claim of .?3,750,000, exclusive of interest, on the unpaid coupons. Hiram P. Dillon, of Topeka, is appointed Master Commissioner for the purpose of obtaining the amount of interest due, all debts contracted by the receiver, and all other claims against the road. & Kentucky Central.-Dow, Jones Co. give the facia regardinsc the purchase of Kentucky Central bv Louisville Nashville as follows Kentucky Central had $7,000,000 stock and the Louisville Nashville Comiiany agreed to give for this $3,000,000 South North Alabama consolidated 5s (of which $10,000,000 are authorized and $3,971,000 outstanding), and $1,500,000 of the new unified 4b. There was to be no cash payment, simply the issue of bonds for the stock. Holders of Kentucky Central stock have been notified that certificates will be issued to them for their stock, 3-7tlis in the new 4s and 4-7ths in the S. N. A. 5s. The bonds will b« delivered after & : & & & January 1, 1892. Laclede Gas.— The statement of the Laclede Gas Co. for the five months ending May 31 gives the total consumption by private consumers as 351,631,300 feet agiiinst 297,754.300 last year, yielding in net profit $333,435, as against $183,661, this being exclusive of the city gas contract, which expired May 6, 1890. The contemplated consolidation with the electric light companies in St. Louis has been abandoned, as it was found that it would not ensure exclusive privileges as was at first supposed, and all litigation pertaining to that consolidation is now dismissed. The Laclede's contract with the City of St. Louis, running to 1916, permits it to charge consumers $1-35. The city sought to annul this contract, but it was sustained in the courts. Maine Central.— Tliis company offers to stockholders risbta one new share for each four held, payable 35 per cent July ^5, 60 per cent August 15 and 35 percent September 15, when to e stock will be delivered, entitled to dividends after that THE CHRONICLE. 940 date. The $900,000 capital thus issued is to pay for double tracking, improvements and equipment of new road acquired last year. Minneapolis & Loan Ionls.-The application of the Farmers' for permission to make the receiver a party suit to get possession as trustee of that porSt. & Trust Co. defendant in its tion of the road covered by its mortgage, and operate the same under the terms of the said mortgage, has been denied. An appeal has been taken by the Trust Company to the Supreme Court of Minnesota, which will probably be heard in the early fall. Reference to this suit was made in the Cheonicle of May 9, page 718. New Orleans & Gulf.—The committee of bondholders, consisting of E. B. Kruttschnitt, of New Orleans, Thomas P. Fowler and Richard Irving, of New York City, secured the title to the road recently without foreclosure proceedings, and they expect to be prepared take the road from the receiver in Sept. New Bonds & Stocks Authorized.— This item is published today on page 913. New York & New Eng'land.- There was a meeting of the directors of the New York & New England Railroad Company in this city on Thursday at which the financial situation was discussed. For some time past there has been talk in Wall Street about this road being in financial straits, and it has been cliarged by some of the directors that the attacks were made by certain persons to serve their own ends. The announcement was made after the adjournment that the company had made sa'isfactory arrangements to take care of all outstanding obligations, and that no preferred stock had been or would be sold. The company haa spent a great deal of money in improving its roadbed and rolling stock, and most of the claims against the road are for betterments. Between 1300,000 and $400,000 is needed to clear away debts of this character, and some of the directors have offered to advance the money, taking a portion of the preferred stock as collateral. The details of the plan adopted will be made public soon. New York & New named Act in Jersey Bridge.— The Commissioners -1879.Tont. Illinois -1889.- Vatue. Ohio Indiana Michigan Yalue. Totis. 6,115,377 $8,779,832 6,008,595 7,719,667 1,454,327 2,150,258 100,800 224,500 12,104.272 $11,755,203 9,976,787 9,355,400 2,845,057 2,887,3:2 67,431 1X5,011 It will be observed that the price per ton was considerably lower in 1889 than in 1879. In Illinois it had declined from $i 44 to 97 cents in Ohio from $1 28 to 94 cents in Indiana from $1 48 to $1 02, and in Michigan from $2 23 to $1 71 per ton at the mines. It is proper to say here that the product of the Illinois mines was about 1,000,000 tons less in the calendar year 1889 than in the year ended June 30, 1889, the falling oflE being mainly due to a widespread and persistent strike of the miners in the northern districts of the State, which lasted about sixmonths. The coal area in Illinois is reported at 37,000 square miles in Ohio, 10,000 square miles, and in Indiana and Michigan 7,000 square miles each. The coal mines of those States gave employment in 1889 to 48,711 foremen, mechanics, miners, laborers and other employes, to whom was paid in wages the sum of $18,881,589 for the year. These employes and the amount paid in wages were ; ; ; distributed as follows Illinois, emj loyes 32,323, wages $8 694,347 Ohio, employes 19,591, wages $6,893,604 ludiana, employes 6,533, wages $3,201,044; Michigan, employes 265, : ; ; wages 93,594. The other current mining expenditures were as follows • lUinois $1,671,722 Ohio, $1,339,579 Indiana, $380,625 Michigan, $20,120; total, $3,412,046. It should be noted that " local " mines are not included in the statements of expenditures for wages and other purposes. There were 3,721 " local " mines and 781 " regular" mines. The output of the former is not separately reported, but it appears that 3,131,680 tons were sold to the local trade at the mines, the major proportion of which was probably the product of "local" mines. Of the 48,711 persons employed, 5,354, exclusive of office force, were employed " above ground," and 44,632 were employed " below ground"; of the former 153 and of the latter 1,072 were boys under sixteen years old. The average daily wages of employes of the several classes in the respective States were as follows: ; ; ; j and authorized to incorporate the [Vol. UI. to act under the act entitled " New York & New An Jersey Bridge Company," being Chapter 520 of the Laws of 1868 of the State of New Jersey, give public notice that the books of subscription to the capital stock of the said com})any will be opened at Taylor's Hotel, on Exchange Place, Jersey City, Hudson County. State of New Jersey, on the 30th day of July, 1891, and will be kept open for three days at least between banking hours, and will be closed at 12 o'clock noon on the 23d day of July, 1891. The notice is signed by the following Commissioners Allan L. McDermott, William Forster, John Y. Dater. Cornelius Lydecker, Henry G. Hering, John Hopper, Rodman M. Price, Thomas B. Decker, James T. Sparkman, Frederic F. Culver, R. Floyd Clarke, William D. Edwards, John Goldthrop, Andrew H. Green, Evan Thomas, Frank K. Hain, Isidor Straus, Charles M. Vail, D. E. Cul: Ter. — Nicaragua Taual. At the annual meeting of.the Nicaragua Canal Construction Co. at Denver tl-.is week the following directors were elected unanimously for the ensuing year: Warner Miller, Samuel Thomas, W. Seward Webb, George W. Davis, J. F. O'Shaughnessey, H. B. Slavin, J. W. Miller, Henry R. Hoyt and Gordon McDonnell, of New York: Stuyvesant Fish and N. K. Fairbank, of Chicago; Smith M. Weed, nii- Occupation. «. t». In- $2-29 $2-28 2^01 1-53 1-92 Laborers below ground Boj-8 under 16 below.ground jf diana Ohio. Foreman above ground Mechanics above ground Laborers above ground Boys under 16 aliove ground Foremen below round Miners below ground MKhigan. $2-34 $2^11 1^84 1^92 lol 1-47 f93 -83 •77 •73 2^35 2-01 177 2-32 1-98 1-63 2^37 1^88 1-70 167 -90 •71 •76 •87 2-31 1^74 The total amount of capital invested in coal mines, including lands owned and leased, buildings, tools, machinery, etc., in the respective States was as follows: Illinois, $17,639,851; Ohio, $14,018,236; Indiana, $3,435,703: Michigan, $49,650; aggregate, $35,142,940. Union Pacific.— The Boston Traveler reports "The Union Pacific Railway Company's directors, at their meeting early in the week, decided to refer the entire matter of the proposed issue of bonds to the executive committee, with full : The plan decided upon contemplates the i^ue of 320,000,000 of 5 per cent 3C-year gold bonds, which will be dated May 1, 1891. Of this amount only $5,000,000 will be put out at present. The name of the bond will be the Kansas division and collateral mortgage. Five million of the bonds will be a second mortgage on the Kansas Pacific Road and the property of the" Denver Pacific Railway Telegraph Compower. of Plattsburg, and Henry A. Parr, of Baltimore. Graude Western.— The report of the Reorganization pany. The balance will be a collateral & mortgage secured by Committee of the Denver & Rio Grande Western made to different kinds of bonds. The bonds will be held by the Union the security holders of the present Rio Grande Western has Pacific Company until they are sold." been issued in the Chronicle, and is given at length on a subsequtnt page. Wisconsin Central.— The plan for refunding the obligaRutland.— Shareholders of the Rutland Road on June 18 tions that have a prior lien to the income bonds, as outlined authorized a mortgage of $3,500,000 at 43^ per cent. The pre- in the last annual report, is being gradually placed in shape •sent bonds are $1,500,000 6s of 1902 and $1,500,000 5s of and will soon be ready for announcement. It contemplates 1898. Of the new bonds $3,000,000 are to be reserved to retire the issue of a debenture or improvement bond to an amount the outstanding issues at maturity or earlier, and the balance large enough to take up the outstanding securities, and suffi-of $500,000 is to be used for improvements. The United cient to capitalize future expenditures for improvements and States Trust Connmny of New York is the trustee. equipment. The new bond will bear 5 per cent .interest, and will be a joint and several obligation issued by both WisconSoft Coal.— The Tribune on Thursday published a report from Washington giving a summary of the production of sin Central Railroad Company and the Wisconsin Central bituminous coal in four States. It stated that "the returns of Company. Back of the new bonds will be all the property of both corporations west and north of Lake Winnebago, and coal production already compiled for the year 1889 show that they will be further secured by the old securities, which will -there has been a great increase in the past decade. In 1879 kept alive for a time at least, or until they mature. The for example, the output of bituminous coal in four States' be present fixed charges are $1,669,388, and the prospective between theOhioand Mississip|)i rivers— Ohio, Indiana, Ilhnois and Michigan— amounted to 13,679,199 short tons, which was charges will be about $1,560,000. Bio about 32 per cent of the total bituminous product oif the United States in that year. According to the Census taken last year the total output of the same States in 1889 was 24,993 347 tons, being an increase of 11,314,348 tons, or nearly 84 per «ent, and indicating that the total bituminous output of the United States in the same year was about 79,000,000 tons. Of the four States first named, three— Ohio, Indiana and Illinois—show a tremendous increase, while Michigan, owing to the sharp competition of the bituminous mines of Ohio and Pennsylvania, suffers a loss of 83,369 tons, or about 48 per cent, as compaied with 1879. The total output of the four States in short tons and the value thereof in 1879 and 1889 respectively were as follows: — The Western National Bank of the city of New York has declared a dividend of 2% per cent on its capital stock, payable on and after July 1. The transfer tx>oks close on the 33d inst., to — be reopened on July 3. Attention is called to the list of first mortgage railroad bonds bearing 7 to 8 per cent offered by the well-known firm of Messrs. S. V. White & Co. of this city, notice of which will be found in another column. Messrs. White & Co. also offer to accept approved coupons payable July 1 at their face value for any of the offerings mentioned in the list. JONB THE CHRONICLE. 30, 18C1.J nn& iQocumeuts. l^lepovts RIO GRANDE WESTERN RAILWAY. REPORT OF TUE REORQANIZATIOM COMMITTEE OK THE DENVER & RIO GRANDE WESTERN RAILWAY COiMPANY UPON THE CONCLUSION OF THEIB WORK, MAY, 1891. To the Bondholders and Stockholders of the Kio Orande Western Railway Company {Successor to the Denver cS Hio Orande Western Railtoay Company): The undersigned suggested, in a circular dated April Ist, 1889, the necessity for a reorganization of the financial status of your Company, and the desirability of immediately securing a large amount of additional capital wherewith to change the gau^e of the road, which was then 3 feet wide, to the standard width of 4 feet 8}^ inches, and for the purchase of suitable equipment for the same. statement of the facts as they then existed and a forecast of the results that might be expected to accrue in the future A from the suggested plan of reorganization were submitted, and a deposit of securities in accordance therewith requested. Your Committee have awaited the completion of the work thus undertaken in your behalf, and fuller results of the operation of the property and the additions to the same under the new conditions, before submitting a report of their con- duct of the trust committed to them. There were outstanding at that time of the First Mortgage Bonds of the Denver & Rio Grande Western Railway Company $6,9(10,000, with the Coupon Certificates attached to the same, amounting to $1,34.5,500. There had been no default on the part of the Company in the payments to be made by it, under the refunding plan of 1884, all Coupons, including the one of March 1, 1889, provided for in said plan, having been promptly met by the Company. Such being the case, the only means of power of your Committee was an appeal influence within the to the judgment and general sense of fairness of the security holders, the plan submitted having been devised with the single idea of equitably protecting all the interests involved. Your Committee feel, therefore, that there is cause for congratulation u|X)n the result which they are able to report, namely, that of the $6,900,000 Bonds there have been received by the Central Trust Company, depositary under the Reorganization Agreement, $6. 873,000, with the corresponding coupon certificates attached, leaving a fraction of less than 2-5 of one per cent of the entire issue not yet deposited with your Committee. It is a matter worthy of note that among all the scattered holders of this considerable number of bonds only one individual has placed himself in opposition to the general interests of all concerned, thereby seeking to obtain an advantage through legal strategy over his associate bondholders. The party referred to holds ten of the old bonds, and has sought through the courts to compel the new Companv to pay the cou[X)ns from its funds iiis effort being to obtain for his bonds the advantages enjoyed by the holders of the new bonds and stocks in the additional security afforded by the new track, the new standard gauge equipment, and other important sources of revenue, all being entirely indep- ndent of the assets of the old Company which issued his bonds. Your Committee liave felt confident that not only the clear equities ef the situation were with them in such controversy, but that the legal right was also on their side. The General Term of the tjupreme Court of New York State has given a decision in favor of this Company on the form of the pleading and it is felt that it will not be possible for this bondholder to obtain any such unfair advantage over his associates, who by their combination in favor of this plan have succeeded in putting the property upon a plane of assured succes.s. Whatever the final result, it appears to be of slight consequence, as the new securities held bv the Trust Company, and originally intended to be exchanged for these old bonds, have now become so valuable that it is not unlikely that the recalcitrant bondholder may in a short time be placed at a disadvantage compared with those who joined in the plain of reorganization. Immediately after the placing of the new issue of Bonds to provide funds to change the guage and • piu-chase the new equipment, as proposed in the circular of April 1, 1889, a very careful study of the situation as regarded the future probable business of the road was made with the aid of the General Manager, Col. D. C. Dodge. As a result of this study it was decided to be judicious to make some further improvements in location in order to secure easier curves and grades, to still further shorten the distance, and to secure exemption from washouts at the points which experience had shown to be ; ; * especially liable thereto. Among these improvements was an entirely new line of 4i miles across the Utah Border and following the Canyon of the Grand River, including the building of 16 miles of additional and very expensive road in Colorado to Crevasse, a station on the Denver Rio Grande R. R. about half way between the Border and Grand Junction, la all the new main line constructed exceeded 100 miles. From Crevasse to Grand Junction, 18 miles, the line has been leased from the Denver Rio Grande Company by your Company for 50 years, at an annual rental of $14,400. In addition to the decided advantages of this route in the respects above mentioned, your Company has secured an ad- & & 911 Grand Canyon ooenery, which forms a not«> worthy new feature of the " Scenic Line." An im|iortant decision arrived at in this same connection was that the increased tonnage of the miMlem freight car. the increased weight of the engines to properly handle the busineta of to-day, and the probability of a Bt<>a<lily-increaainii traffic, made it desirable, as a matter of true economy, to lay eS- pound rails tlirougbout on the main line instead of a lif^bter weight as proposed in the estimates at ttmt in the ('ommittee's bands. It was also decide<l that it would be true et'onomy t') have the most improved appliances placed upon all the new equipment, which aocordmgly has been provided with th« Weatinghouse Air Brake and Automatic Couplers of the Master Car Builders' type on all freight oars, and driver brakes on many of the engines, while the passenger equipment has the provision for heating by steam from the engine to take the The " Pintsch Gas "system for f)Ince of the "car stove." ighting the paasenj^er trains was adopted, as affording the passenger sufficient light with which to read with entire ease; this required the erection of a plant for the manufacture and supply of gas to the cars at Ogden, which also was not inditional section of cluded in the original estimates. All of these, and many other incidental improvements to make the line a first-clitss one in all respects, have, as will readily be apprehended, called for a very much larger sum of money than was at first proposed, but as a result your Company has an equipment in advance of that of any railroad in the Western country, and a road-bed that even in this short space of time gives promise of soon being in the front rank as regards physical condition. So much of the main line l>einK new, by reason of the above-mentioned changes of location, it will necessarily retiuire one or two seasons more before it can be economically ballasted throughout but the purpose of the management is to continue as rapidly as may be consistent with true economy the ballasting of the main line until all is done. By the changes of location referred to over 8000 degrees in curvature have been avoided, the maximum curve having been reduced from 20 degrees to 10 degrees, and the distance from Grand Junction to Ogden shortened by alwut 18 miles. The maximum gradients have been reduced against West bound trains to 1 per cent, except for 18 miles of 2'4 per cent in the Canyon of the Price and against the lighter E^t bound traffic to 2 per cent, except that at Soldiers' Summit, of which we speak hereafter. The excess of expenditure for widening the gauge and purchasing the new equipment beyond the amount received from the first issue of Bonds was provided by the sale of Bonds and Preferred Stock from time to time as there was need for the money. The entire amount expended by the Committee, Including the legal and corporate expenses in New York, was $4,949,314 30 Of this sum there was exper ded under the Immediate direction of the Committee in New York City 105,462 38 ; — Leaving the total gross expenditures through the Auditor for the purposes of Changing Gauge, Construction of new Main Line in Utah and Colorado and New Equipmeut tor same 94,>)43,851 93 Less value of old rails and other material taken out of the narrow gauge track and oredlteil to such construction in Utah 373,272 17 Showing a net balance of expenditures through the Auditor for the purposes stated above of $4,470,579 75 figures are verified by Mr. Little's re- [Which port herewith.] This amount is made up of the following items: For New Equipment $766,837*30 For the ch.nnglng of Oauge, Construction of main line in new locations, the Construction at a cost of !p36.'S,092-«4 of Id miles of additional new Road In the State of Colorado, and other improvements of every kind to the main line and to the oldbrrtnoh lines in Utah 3,703,742 45 $4,470,579 75 As re|X)rted in their letter to the issuing bankei^ at the time of the sale of the new issue of Bonds in June, 1889, your Committee had a thorough examination of the accounts of the old railway Company made by Mr. H. D. Bulkley, formerly of the Northern Pacific Rail way Company and now of the Baltimore Ohio Railroad Company. In now terminating their trust, your Committee have deemed it due to the security holders to nave the accounts of their expenditure of the large sum of money above referred to audited by a public accountant of experience and reputation, and to that end have had Mr, Stephen Little, formerly Comptroller of the Erie Railway & Company, and recently Auditor of the Pullman Palace Car Company, visit Utah for this purpose. The report of Mr. Little is submitted herewith. The foregoing completes the record, in brief form, of the work entruste<l to your Committee, but inasmuch as its members have all l)een associated with the new Company as Directors they bog leave to make some further reference to the history of the past two years and would first record the fact that a considerable portion of the old material taken up,in changing the gauge has been put to what is deemed a most advantageous use in the construction of the " San Pete Division," a new branch line extending some 61 miles southward from Thistle, on the main line, to Manti. the most important city of southern Utah, where the Mormon church has one of its three temples. This branch traverses the northern portion of one of the most fertile valleys in Utah, with a present population in its entire extent of between 20,000 ana 80,000, whieh is thus given a direct outlet both to Salt Lake City; THE CHRONICLE 942 It has been constructed in a most to the Eastern States. thorough manner for a broad-gauge structure, the width of the embankments and the cuts having been made of the and standard gauge, and all of the gradients and curvatures being made with reference to its future operation as a standardgauge road, but during the period of development of traffic, for the purpose of economical operation such portion of the narrow gauge ties as could be used and old rails taken from main line have been put down for a narrow gauge road, and as such it has been in operation since January 1, 1891. The cost of this additional construction has been defrayed by the sale of Bonds and Preferred Stock, as provided for the future development of the Company in the plan of reorganization. Your Committee thus report that there has been built of additional new road this 61 miles and the 16 miles heretofore mentioned in Colorado, in all 77 miles, which, added to the remaining constructed road, makes a total of 433'7 miles owned, 4509 miles in your attention •with 18-2 miles leased, or [Vol. LU. knowledge that there is still held in the Treasury of the Company a capital reserve of $2,000,000 in its First Mortgage Bonds and $1,250,000 of the Preferred Capital Stock. There have been issued, for all purposes connected with the reorganization and for construction and improvements since as above noted, including the recent subscription of Preferred Stock, $14,000,000 of the First Trust Mortgage Bonds of the new Company, $6,250,000 of the Preferred Capital Stock and $7,500,000 of the Common Capital Stock. No other securities are outstanding, and the Company has no floating debt, but a large balance in bank to pay for capital expenditures. Up to the present time there has been no set-back to the phenomenal increase of business and of both gross and net earnings, and from all the indications that reach the members of this Committee there seems likely to be a continuance of satisfactory returns throughout the year. most important factor in the success which has attended A the Committee's efforts from the beginning, and one which should have due recognition in this final report, was the all. to the first annual reYour Committee call new Company for the year ending June 30, 1890, prompt and practically unanimous concurrence of all classes which is issued from the office at the same time that this final of security holders in the old Company, which action gave to report of the Committee is submitted, and in connection your Committee a prestige and confidence that greatly port of the therewith to a preliminary statement herein for the 9 months of the second fiscal year of tlie Company, to March 31, 1891. The operation of the road during the first year of the Company was attended with great difficulty and exceptional expense by reason of the disturbed condition of the road-bed during the progress of the work of changing the old and building so much new line in Utah. This also occasioned a considerable diversion of traffic, due to an additional transfer being required at Grand Junction during that period, with a consequent decrease in gross earnings, as well as an abnormal increase in expenses. In addition, the weather during a considerable portion of the time was unusually bad, and continuous snows and thaws made the work more costly. Beyond this, the prolonged delay in the completion of the connecting link of road between Grand Junction and Rifle Creek, where the Rio Grande and Colorado Midland diverge eastDenver ward, caused us an additional loss of business and much expense. The operation of our own road as a standard gauge was begun June 10th, 1890, or just at the close of the tiist fiscal year but it was not until the middle of November that any through business could be handled over the broad gauge connections. This was particularly unfortunate, because by reason of the shortage in the Eastern fruit crop a very heavy tonnage was brought East from California last summer, none of which could be handled by our road. & ; The gross earnings for the nine months from July 1, 1890, to March 31, 1S91, were $X,725,740 05 Operating expenses, taxes' and rentals... $1,089,692 20 Interest on Bonds for tbc nine months 395,493 00 Dividends on Preferred Stock io scrip and in cash for tlie nine mouths at the rate of 5 pel cent per annum 180,225 00 1,665,415 20 Balance of surplus earnings Increase over 1889-90: In gross earnings, 47 per cent.or In net earnings, 50 per cent, or $60,321 85 .¥553,342 09 213,349 93 The increase in earnings from the beginning of the operation of the through standard gauge connection has been already brought to the attention of the Stockholders through the circulars issued by the Company in connection with the first dividend paid in scrip and the second dividend recently paid in cash, for the quarter ending March 31, upon the Preferred Stock. This large increase in business called for the purchase of additional equipment and made desirable the immediate change of the only excessive grade upon the road (that at Soldiers' Summit), at a large expense, the reasons for which •were set forth in detail in the circular of March 25th, offering to the Stockholders the right to subscribe to a new issue of Preferred Stock to provide the money for the above and some other improvements made immediately important by the demands of the traffic. Your Committee have given hearty approval to all these acts of the Company, and they congratulate the security-holders upon the fact that such satisfactory results in traffic and earnings have followed so promptly the reorganization and change of gauge, and also because of the evident advantage that has resulted from providing securities for future capital expenditures, a feature essential in the mind of the Committee to the permanent prosperity of any Railway Company. The growth and prosperity of the Territory of Utah, which has such vast and varied undeveloped wealth, will, we have no doubt, continue from time to time to make necessary further increases in equipment, and the expenditure of liberal suras in providing betterments and improvements, and still other branches, whereby a steadily-increasing traffic may be created and fostered as well as handled successfully and economically. Your Committee has been specially glad to approve the policy of the Company, as evidenced by its later action, in keeping its capital reserve of bonds as large as possible, and deem the prompt subscription to the recent issue of 12,500 shares of new Preferred Stock an endorsement by the shareholders of this financial policy, which, in a countrv of such rapid growth as the territory which your road supjilies with transportation facilities, seems to them the one likely to rove most profitable to the owners as well as clearly the mo; .< »iserrative, and cur eatisfactivij io cJosing pur tmst \ J strengthened their hands, and assured the success which the rapid development of Utah has already emphasized. Respectfully submitted, George Foster Peabody, James C. Parrish, Joseph D. Potts. Fred. P. Olcott, Chas. J. Canda, Barthold Schlesinger, Committee. Denver, Col., April RIO 30th, 1891. GRANDE WESTERN RAILWAY CO. expenditures for Widening Gauge New Equipment $3,703,742 45 766,837 30' Total $4,470,579 7» George Foster Peabody, Esq., Chairman Re-organization Trustees, Rio Grande Western Railwav^ Co., 18 Broad Street, New York City. Dear Sir In accordance with your instructions of the 11th instant, addressed to me at Chicago, I beg to state tlrat I visited SaltLake City, and in your audit office there examined and : verified First. : — Each and every original voucher on which the expenditures specified above, for widening gauge and new^ equipment, were based, whether these expenditures were made directly from the vouchers themselves or through themedium of the material or ojien accounts to which a portion of such vouchers was primarily charged. Second. I also examined and verified in turn each and every official report of labor and material entering into such expenditures for widening gauge and new equipment, and I do hereby certify the same to be correct throughout, and substantiated by the vouchers, reports and papers aforesaid, all of which are systematically filed and conveniently — accessible. Very respectfully, S. LITTLE. P. S. have also examined, since my return to New York the made under the direction of the Reorganization Committee there, amounting in all to $105,463 38, and hereby certify the same to be correct, and supported by the proper 1 expenditures vouchers. S. New York, June LITTLE. 1891. 3, New Bonds and Stocks Authorized or Offered.—The following is a list of new issues of securities now offered for sale, or soon to be offered Arcadia Gllf Coa.st & Lakeland RE.— $c 00,000 of stock Is oflfered at par by the company, Boston.f Brooklyn, N. Y.— $1 .000,000 4 per cent registered certificates, due in three years. Bids will be received until June 25 by T. F. Jackson, : Comptroller. Columbus, Ohio.—$200,900 street improvement 6 per cent bonds, due at various dates. Bids will be received till July 15 by John M. Doane, City Clerk. Columbia Oil Co.— $400,000 Ist mortgage 6 percent bonds, duo in 1901, are offered by the Holland Trust Co. Gloucester, Mass.- $50,000 Highway Improvement Loan 4 per cent lO-year bonds. Bids will be received till June 29 by Edward DolUver, City Treasurer. MiLWAUKEE.WiscoNSiN.— $200,000 City hall. $200,000 school, ?1 00,000 library and museum, and $150,000 public park bonds, due July 1, 1892, to July 1, 1911, and bearing interest at 4>8 per cent for bonds due till 1896 and 4 per cent for bonds due thereafter. The above bonds are authorized to be issued about July 1. NEWBURVroRT, Mass.— $83,000 refunding 4 per cent bonds, due July 1, 1911. Bids will be received by J. V. Felker, City Treasurer, till June 23. Ohio County, W. Va.— $60,000 412 per cent iDinV; arc oflfered by the Bank of the Ohio Valley, Wheeling. W. V;.. .>ee advertisement. Richmond County (Staten Islani)). v Y.— $l.'''0,000rnn'' bonds, due 1916. Bids wiU he received tlUJuly 9, ISPl, by r ...of Superylsgrs, etapleton, e. }, June 39, 1891. THE | COTTON. She ^ommevcitil gimes. COMMERCIAL EPITOME. The first half of the Fkiday Night. Juno 19, 1891. week under review was intensely liot more States or leas severe, doing Fkidat. p. M.. Juaa 10, 1801. indicated by our tel«Kran>a from the South to-night, ia given below. For the week ending thia evening the total receipts have resched 20,til tMUea, Tbb Moveukst or the Crop, as throiighout the country, except in the extreme West. Cornplaints were made of a drought in a portion of the Middle and New England «43 CllllOT^lCLK some damago The cooler weather of the past three days has been attended by the fall of copious rains, which must prove against 27,803 bales last week and 30,006 bale* the prerioss week, making the total receipts since the Ist of Sept., IWO, 6,881,887 bales, against 8,774,643 bales for the same period of 1889-00, showing an increase since Sep. 1 1800,of 1 ,037, 109 faalea. , Stetipiiat— Mon. Sal. to the crops. lacking rain before, though obstructing the harvesting of cereals to some extent in southern and middle latitudes, where [the work had begun under v€ry favorable auspices. In the speculative markets the most important features were a sharp decline in cotton early in the week and decidedly lower prices on Thursday for the coars(>r •cereals. General ttade is dull, as it usually is in the last half of June. Lard on the spot has not been active, but being very sparingly offered prices have recovered a portion of the late decline, and to day there was a firm market at 5'65(a,5-70c. for prime City and ti'52}^@6'55c. for prime Western, with refined for the Continent quoted at 6-50(g6'85c. The speculation in lard for future delivery has been more active, but the sharp advance on Monday was followed by a check to buying orders, which, with the weakness in corn yesterday, made some depression in values, and to day the market, though very beneficial iirm, was in the sections less active. DAOLT OLOSinO FXICES OF JUkXD FTTnTBBS. Bat. Mon. TueM. Wed. JulydeUvery Anguat delivery Beptciubcr c. o. delivery.... 0. October delivery c- 6-34 6-82 648 656 665 6-61. ti-7j 6 71 681 6-6U 6-81 6-33 Thur Fri. 652 665 6-48 6-49 662 6t.l 6-T« 6-75 6-90 688 6-75 6-88 Pork has been quiet and closes dull, in sympathy with a break in speculative values at the West, closing at $10-2o;^ $11 for old mess, §ll-7r),<i$12-25 for new mess, §10-75'a$ll for Beef is steady; extra exti-a prime and §12-25;a^l4 for clear. mess, S9-50(a$10-2o; packet, $10g$10-50; family, 811 •50(a$ 12-50 per bbl. extra India mess, $17® 19 per tierce. Beef hams are nominal at $18Co$l8-oO per bbl. Cut meats have been dull, but were more active to-day with sales of S'^.OOO lbs.. i2@10 lbs. average, at S^a'aSJ^c. Quotations are: Pickled bellies, 5i^@ S^gc: pickled shoulders, 4Jg'45c.; and hams, 9^'^10i:^c. ; , Smoked shoulders, 5Ki-$5%c., and haras, 10?<t@113^c. Tallow has declined, closing more active at 4j4'c. Stearine is firmer at 7ii(g7Xc. in hhds. and tierces, and oleomargarine Butter closes more active at 153i]9c. for is steady at 6c. Cheese is creamery and 12914J^c. for Western factory. lower at 7}^(g8V2C. for State factory full cream, closing more active. Tuu. Wed. Thun. Fri. 705 280 New Orleans... Mobile 607 42 400 80 a,6S7 14 SOS 16 norida SavanDah Brunsw'k, Ac. 769 621 225 624 761 Cbarleston 2S4 644 408 137 73 28 43 18 40 64 241 239 4 S74 SOI 310 S3 237 460 783 800 S2S 875 Oslveaton ElPa«o, Ac... PortRoyal,&o WllmlnKton Total. 659 352 155 242 2,393 86 4.024 146 710 40 129 101 36 2 72 3,023 101 1,S43 194 1,786 1.493 347 2 365' WaA'Kton,Ao Horfolk West Point... 376 N'wp'tN'»,&0. 74 678 .,,.f. New York 67 e Boston Baltimore PliUadelph'a,&o 5i 171 totals this week 3.081 2.567 214 3.545i 1,453 1,413 77 107 366 1,190 3.269 2.716 20.621 188 6.443! 673 ISO For comparison we give the following table showing th6 week's total receipts, the total since September 1, 1890, and the stock to-night, compared with last year. 1889-00. 1890-91. Reeeipls to /un« 19. Thit Week. 2,393 New Orleans. 4,9-24 2 ,037,056 Savannah. .. Bruns., Ac. Charleston .. P. Royal,.&c West Point. NwptN.,*c New York. 673 1,458 1,418 .. Boston Baltimore. 1,898 1,945,903 97,578 9,194 36,441 1,026 9,500 1,364 6,982 Oil 4,688 430 9,401 4,233 134 1.785 1,498 Norfolk .. 1890. 199 3,025 1 ,111,062 101 188,199 1,542 905,175 2 1,008 Wash'tn,ifcc 1891. 0,988 39 265 Wilmington Stock. 837,950 23,212 291,510 44,560 347 Mobile Florida \ Since Sep. 1, 1889. 33 995.462 23,764 Salveston . El Paao.dio. . This Week. Since Sep. 1, 1890. 239,783 32,265 933,976 162,962 320,037 203 1,833 14 188,096 3,746 637,847 343,039 96,185 134,200 115.523 49,657 65,748 132,653 3,749 401,662 324,729 58,930 114,352 71,867 87,670 81,053 13 24 36 344 209 850 2,221 161,894 2,800 2,610 7,611 90,784 2,500 2,949 8,607 Coffee on the spot has further declined, and closes dull at 400 PhU'del'a,&o 1,190 mild grades selling fairly, including 20,«21 6,831.837 3,347 5,774,645 322.317 149.143 Totals. .. 3,000 bags Maracaribo on the basis of 18ijC. for good Cucuta. The speculation in Rio options suffered a sharp decline in order that comparison may be made with other years, we In prices on Wednesday, with considerable sales in liquidation, ive below the totals at leading ports for six seasons. under adverse foreign advices but to-day there was a sharp g 1883. 1890. 1889. 1887. 1891. 1886. and partial recovery on a demand to cover contracts, prompted Reeeiptt atby a better market at Havre. The close was steady, with QalT'ston,d(0 812 33 397 39 2,393 131 sellers as follows 842 4,676 613 4,924 New Orleans 1,898 3,933 13-85c. 16-400. September 14-?5o. November June 34 92 347 39 64 185 13-650. Mobile 14-15C. December October l.'S-85c. July 134 53 1,769 90 3,025 Savannah. 1.104 15-25C. Augudt 165 1,544 203 768 36 2,633 Raw sugars have ruled steadier, with a better busines done, Charl'8t'n,Ac 265 14 3 5 01 14 at 2 13-iec. for fair refining Cuba and SJ^'c. for centrifugal of Wilm'gfn,&c 543 13 1,879 1,785 96 1,003 96 degrees test but to-day the market was quiet. Futures Norfolk... 375 1,157 2,171 60 1.612 close nominal at 3-36a3-46c. for July and 3-43 @ 3 -Wc. W't Point, Ac 884 2,070 4.167 953 1,343 3,729 for October. Refined have been mare active and close AZl others. partially dearer cru-hed 5c. and granulated 4 l-16c. 13.228 3,347 3,301 2,364 14 363 The rot this week 20.62 las.ses iseasier at llj^(ai2c. for .50-degree3 test, in hhds. tea sale on Wednesday went off at slightly easier prices, al- Since Sept. 1 6831.8.37 5774,645^5485,700 5416,973 5187,183 5247, 1 93 though the offering was not a large one. The exports for the week ending this evening reach a total Kentucky tobacco shows a slight improvement in the vol- of 38,450 bales, of which 28,033 were to Great Britain, 5,607 ume of trade, the sales for the week amounting to 300 hhds., to France and 4,731 to the rest of the Continent. Below are on an increase in the export demand. Seed leaf was also more the exports for the week, and since September I, 1890. active, sales aggregating 1,860 cases, as follows: 975 cases 1890 fVom ApC 1, 1890, to Juiu 19, 1891 Wuk EmUm June IS. crop, New England Havana. 239 26c; 300 cases 1890 crop, do. Mxforts seed. 21i<'a 23c.; 200 cases 1889 crop, Pennsylvania Havana, OsnM. Total Orsot ertal OmM. from— 12(a28c.; 185 cases 1889 crop. State Havana, 14®27J^c.. and TofX BHfn. »*»«• n«nt. ITeek. BrMotn. Wnmet ffKU 20O cases sundries, 7@35c.; also 800 bales Havana, 70c.@|l 15. «S.10S 615,190| 108.969 843.180 GaWeslon Recent rains have greatly improved the prospects of the next New Orleans.. 10,58S bJCM 1,182 17,67* 8SZ.4i8 403.963 604.010 1390,448 tobacco crop. 74,807 460 100 T4.0IT Mob.*Peiic-l» On the Metal Exchange Straits tin has been quiet but fairly SaTsanah 1M.467 87.696 433.741, 697.198 steadv, closing at 2070 cents for spot and 20-55 cents for Bmnswlck .... 96.880 t3.S«Si lSl,09a September. Ingot copper is dull and a shade easier Lake Cbarleston.... 149.869 10,390 t48.i41' 414,800 • •...* 98.6S«j closes at 12-85 cents for June. Domestic lead is quiet, but Wllmlnctoa... 1,0«1 83,180, 18836» inThe Spelter dull. for spot. »> 908.837; 11,699 40371 t»^<n tit, steady, closing at 445 cents Norfolk deliv138310 active for prompt 81,680 KM346 moderately West Point... terior iron markets are 73.019 719 78,188 N'portNwi,** ery and prices are about steady. 490.406 41»S 18S.»S0 117.840 9,948 i.Vsi 'ii\ 7,091 Refined petroleum is quoted ea.sier at 7-lOc. in bbls., 8-05c. New York 6,9*e S1S.6II 7318 8*0.7fr 64 »,97« in cases and 4-60c. in bulk: crude in bbls 6-60c., in bulk 405.:; Boston 80.883 118378 6.190 18.098 U,tl1 3.989 naphtha 6c.; crude certificates have been quiet at declining Baltimore 90,t8a 800 »4.«J6| 1.914 800 Phlladelp'a.Ao prices, closing at 67}2'c- Spirits turpentine is unchanged at 3S,4iO S.91t,0C7|6SS.»M t,»8J.T17 ^olo.•1• 6.897 4,73 tS.OSl Total Robins quiet and without change at ljl-45c aSJi'a 38;!^c. $1-471^ for strained. Wool and hops are dull. «,41«'!.8in.3»«4Tinu'l.»<W»llUl»«,9Jf 91 a.sia TeUl. 1889-00 17c, for No. 7 Rio, but ; : | I I I ; Mo ; . ! 1 1 1 1 ! : I 944 CHEONICLK J'HE H In addition to above exports, our telegrams to-night also give us the following amounts of cotton on shipboard, not add similar figures for oleared, at the ports named. New York, which are prepared for our special use by Messrs. Lambert. 24 Beaver Street. Oarey, Yale B CD B p. - n -r at a Great Other Britain. France. Foreign Hew Orleans... 512 Charleston .... Mobile Norfolk 3,779 None. None, None. None. None. Other ports 5,100 7,000 None. None. None. None. None. 750 None. 15,879 1,262 Galveston Bavannah Hew York Total 1891... Total 1890... Total 1889... 1,250 1,500 None. None. 2,300 7,100 8,500 89,444 6,657 9,200 6,232 9,194 7,101 154,794 12,280 5,909 4,365 27,415 294,902 3,414 5,267 300 8,134 331 300 750 None. 2,300 2,350 2,409 19,818 23,791 -» A: s.: : I 684 331 300 750 None. D E'Si OD- «< ^: o : CJI Stock. Total. wise. 3,159 None. None. None. None. None. None. 14,054 15.815 Coast- ?: : Leaving June 19 at— o2.£g » n » B- 2.WCA O (soap, B »* vj CD db CO B u (£ & Shipboard, not cleared^-for s cp : 00 '*1 H.O. 3-r- o £•-5 o at I I 00 00 as ©i-r' Ml-'O ST Cda 2 toosr to C CO (Kty ooosr .-I r-b 6? "'MO •<J too." B CO Elf saS ,10 85,-" c* u CO 00 *q 00 6 * I e> : 00 ,j 129.330 195,262 o IS; •JODOOD o ©CO ' 00 00 t 1 M I The speculation in cotton for future delivery at this market opened the week under review depressed by continued activity in the process of liquidation, under which prices eharply declined in the course of Saturday and Monday. An early advance on Tuesday, due to an adverse crop report from the local bureau of South Carolina and a steadier opening at Liverpool, was soon lost under renewed pressure to sell arising from a weaker closing at Liverpool and very favorable weather for the growing crop. On Wednesday, when the two early months dropped below 8 cents, the buying became very active, promoted by a better closing at Liverpool, which caused the bears to show great anxiety to cover their outstanding contracts. Then the market became quieter, with <i<i 5 : I ooa?ooo «c6 o MO CO oo " e°>: I o *^aoo<i o 66*^0 toco 00 ,(.. 5 ^^ I QDGOCOO mmOm 6ioOm 0000 »*; to ODCO 05 5 O ocop toto 5 o MM ^01 to'' a.®; 05 QOOCOOO 0000000 C0C0®10 00 to CO O— 00 ooop 5 CCOD o 3t» -to OS 03 ooop Cdto ^ o total sales for to CO OOl 00 xoo o OSOlM'I si*; 8).- u OpoDOOb CC)^®CO M ao) ecw o 85°; I ° 00 001^ C;i|(kM^ I I to to 0005000 ODQOOOO cicjO^ carf^^-'co liO,i CO*. QCQO 00 CO QpOO I &5": Ui CCGC ^ OC'OD "^ ©«: CD middling uplands closing at 8%c. forward delivery for the week are 683,600 bales. For immediate delivery the total sales foot up this week 1,215 bales, including 267 for export, 943 for consumption, for speculation, and in transit. Of the above bales l-16c., «« o «i^; ODOOOQO I OtOiI tow'-'to »OkO ecto 9P; MtO^tO opooooo ej*^: I ^ OOXQQO OpOO 5^ OH* ^ I »r: 00 ODXCOO GOOOOCO co*^ ©QD <r CJiO' o " to (- CO QCODCOD OpODOGD OP ooccooo ODOOQOO 0000 QpQp CSOi tCtO QD QOOi ^«: I CO CCGCOQD M I o 00x000 *< cotxoao and Manchester were in financial trouble, and weather reports from the South were very favorable to the growing crop. Cotton on the spot declined l-16c. on Saturday, Monday and Tuesday, but on Wednesday holders refused to make further concessions. To-day, however, there was a further decline of s.o; I QOUCOOO 00 00 sr: I MtOM>« ; 2 WW » oto QDX oo« ^ O tOM 0»1|«>-'' OM I MM°ii 0000 s.«; OCOOOQO lOto'^M I values unsettled, andsomeirregularity developed between this and the next crop. To-day a slightly stronger opening, in response to some recovery in the Liverpool market, was followed by a sharp decline, in which the lowest figures of the week were made. The depression was attributed to fresh selling in liquidation, but there was a report that leading houses in Liverpool HtO°M mO W 5 O MO -4 to to"' OD 00000 to to SI?:; I 0000000 OMO5 too QT » I 0^00 ^ O h-M «*-; I CDCBOOO 0000 a.>^; ao e*: . a: ooccooo <d6^«6 1 OOCOm'^ I 0000 < 1-0 2 o<ii-"' . o oco •> to 0000 66 OQQO a.-J; I to 5 0000 ' to o "^ S I « 1 O I to e^ I CO The LII. 3 0»fl db* We On [Vol.. QpOO 5 ow "^ ; CCOD QpCpoOO OCQOOOD OOCCOOO CO OD 5 » ODCCOCC • — were — The following are the oflScial quotations — June 13 to June 19. to arrive. each day of the past week UPLANDS. f 516,6 lb. 6% 714 708 QoodMiddline Good Middling MlddUngFalr 5'8 65,6 73,6 79,6 8% V> 8S,6 8»i« 81fl 8 9I4 958 96i«i Btrlct 9"i, 10»9 in,« 11 109,6 Fair GULF. Sat. Ordinary Btriot Ordinary Good Ordinary Btriot Good Ordinary Low Middling Btrlct Low Middling Illon 613, 6^ 758 Middling Fair Fair STAINED. MlddlSig 8I4 dec. 1,6 dec. Tuesday.. Quiet at 1,6 dec. 1, a Friday...! Dull Total. atiiadec 267 05 XXOX XXOX ooxox o>»J®6 xo too Ui XX -j-j XM 5 2 '^ o 0000 oboD o 10 10 lO'e 1138 107e 1138 nion Taea Wed Tb. 7»J6 5?" 63,8 7Ja 778 8I4 8»8 235 141 155 328 50 39 778 lotat. 141 155 328 50 39 1.215 are e» : I ^ sr; CO 05 XXOX xoocx <lab®Qb a ob®Do to gi <i <i 5 -i-i 2 sr; XX 05C5 "< 2 MOtO'^ I *^ I ^CO XCD COO - COm Ob xo o <! . o '^ c;tx I SI ; 66 to I e If xcooco CD , M : OCO "» wr; *4 •? to6 o 05if '' I si«; If XCDOX If 2 ^ SI CD a I °?°?. ; CO g i(g.»; coo CD ^Oi 00 -03 CO CO 2 " If o 05 5 coco 5 66 oto I C06® 6 X05 "^ riOfi ccto S>J o er; o xooox MX 66 OUi I I XCD COO opx "^ s^i; XX 05-1 XX 00 I ft -'-^ si^; OCX a XXOX 'CD 71s, « I COCOOCO I « CO , :i.i CDCOOCD ^,10,:, 0<05 05 Includes sales In September, 1890, for September, 228.300; September-October, tor October, 349,300; September-November, for November, 382,700; September-December, for December, 947,300; September, January, for January, 2,260,800; September- February, for Fehruarj-1,589,100; September-March, for March, 2,447,60(1; September-April, * for April, 1,512,400; Septembei^May, for 102,900 119,500 5 2 <i-i to 5>a 6l8 Sates of Futures. XX 5 XX ^to°6 CO 5 o I Frl, 10 (35 opx 5 2 * sri; I CO if XXOX XXOX XXOX X05 XX 66 XX opxox XXOX 6-j®6 6-i°6 ocxox Si*; OIO gi; ®>i; to 5 ^O 1 I *Jx®ob coob I ll^l. 7 502 948 I XX I XXOX XXOX < O tOMM'^ 0. 05 X XOX XXOX XXOX ^Oji -joo°-j CD 05 -OCO X , ; Si"'* 9»I8 9">I8 101S,6 63,„ 7^8 ® lU Si" 6=8 611., 63,6 71,6 I XX Si,": -J I to o 6C5 I XX 0510 634 " C5 If 614 f.Oa CJia5*-^05 tc<l CO ^OltO"^ coco The Sales and Prices of Futures following comprehensive table: I If xxox 9-"; to Con- Spec- Transump, ut't'n sit. Wed'day .Quiet Thursday Dull O 0505 XOtO'^ e»*: ^to SALES OF SPOT AKD TBAN8IT. •267 I 00 O XX < Toe* W«d Xb. Fri days. port. 5 o iic-. C.mm"1 d>o 0505*^01 ^ For the convenience of the reader we also add a column which shows at a glance how the market closed on Saturday Quiet at Monday.. Quiet at XX <i^to'' 81°: 05 ^ ®?: I 1^ 5=8 Ex- 5 o cjtc;' 05 statement. SPOT MASKET CLOSED. OCX I MARKET AND SALES. The total sales of cotton on the snot and for future delivery each day during the week are indicated in the following same OCX to 5 o 0(C;> X^l «r; OiM 101,6 10 1016,8 10^8 117-8 1138 6H cjidi^cji I XX 86,6 718 716,8 o xxox o tCMM'' c;iO« 838 8'16 8'8 9S8 8>6l6 911,6 <I10 99,8 99,6 99l6 9>a 107,8 107,6 107, 1038 1015,, 101^,6 10"l6 10^8 8^8 9»8 8% 6»16 7S16 8 Low Middling 7^16 713,^ 7''8 8^8 908 81J?, 9 tflb. Btrlct 7's 77e 8f4 7»a Zi^'8 85. 838 Sat. 53i 79,i 8 1018 11 111* Pri 513,6 6I4 7*8 79,8 716,6 86,6 It'" 9\ Tli. 7% f,>8 711,6 l(^ ou 513,6 6>4 614 7ie 714 7'8 8I4 If x^». for Wed 5l3,f 6I4 638 ^yib. MlddUng GoodMlddlmg Btrlct Good Middling Qooa Ordinary Good Ordinary Idon Tnea Sat. Ordinary Btrlct Ordinary Good Ordinary Btrlct Good Ordinary IjOw Middling Btrlct Low Middling Middling ooop — May, 1,808,900. The following exchanges have been made during the week: •40 pd. 10 pd. •57 pd. •11 pd. to to to to exch. exch. exch. exch. 500 Aug. for Jan. 200 Aug. for Sept. 400 July tor Jan. 200 July for Aug. I | | 10 pd. — pd. to exch. 100 July for Aug. to exch. 1 ,000 Aug. for Apr. pd. to exch. 700 Sept. for Oct. -20 pd. to exch. 100 Sept. for Nov. •— 135,8(10 134,600 73.500 117,300 683,600 shown by the The Visible Supply of Uotton to-night, as made up by cable and telegraph, is as follows. The Continental stocks, as well as those for Great Britain and the afloat are this week's returns, and consequently all the European figures are brought down But to make the totals the complote to Thursday evening. figures for to-niglit (June 19), we add the item of exports from the United States, including in it the exports of Friday only. June THE CHRONKJLK 80, 1891.J 946 IHOO. 1880. 1888. balea. 1,170,000 1)11,000 17,000 11,000 848,000 14,000 676.000 15,000 QOOTATIONB FOB MiOOLINO COTTOll AT OTHER MaRKKTS.— Below we give cloaing quotations of middlinx cotton mt Southem and other principal cotton markets for each day of the week Total Qreat Britain stock. 1,187,000 4,500 Stock at Hiiiiiburg 137,000 Stock At Brciiiuu 22.000 Stock at Aiiistvrilam 400 Stock at UolterdaiM 0.000 Stock ul Antwerp 25'i,000 Havre Stock at 10,000 Stock at Mursoilles 107,000 Btoek at Barcelona 10,000 Stock at U !.>.i 33,000 Stock at X.iesle 022,000 3,000 862,000 2,300 ))6,000 38,(100 Wik 7,000 10,000 601,000 3,400 40,800 13,000 200 6.000 16U,000 4,000 70.000 8,000 0,000 25.000 103.000 5.000 64,000 13,000 9,000 155,000 3.200 65,000 7,000 8,000 694,000 372,800 279,200 290,4' IS9I. Stock at Liverpool Btook at Lomlon Total Continental Stocks 300 Total European stocks.. .. 1,771,900 1,294,800 1.141.200 211,000 250,000 141.000 India cotton alfoat for Europe. eo.ooo 130,000 46,000 Amer.cott'iinlloat for Europe. 32,000 18.000 34,000 Bftypt.Brazll.A-c.atlt forE'rpe 322,317 149,148 219,0.33 BUiok lu United States ports .. 104,057 20,821 20,878 Stock In U. S. Interior towns.. 1.100 4.943 3.983 United States exports to-day. Total visible supply 300 700 83,000 60,8H» American alloat for Europe... United States stock Dnlted States luterlorstooka.. United States exports to-day. Total American Jla$l Indian, BrwtU, <te.— Liverpool stock London stoek Continental stocks India afloat for Europe 600,000 273.000 46,000 149,148 20.821 583,000 159.000 60.000 219,053 20,878 1.100 4,943 Egypt, Brazil. &c., afloat Total East India, Ac Xotal American 268,000 14.000 120.200 141,000 34,000 311,000 11,000 99,800 250,000 13,000 Widrttt. 8... 8 8 Havannah... oonoa oa— nun. #H. 8i,« 8 o 7.»„ 8 71»„ 71.,. Wilmington. 8 1 Norfolk 8I« Boiton 80. 8«« 8>a 7.3.. Charleston. — 8»B 8^8 8U. 8 '4 Memphis Louis.... Cincinnati.. Is'" Louisville... 8\ St. 8 8 8 !;• IV* !•• 8% S\ 8 8 8>« 8 8 8 8 8\ 8\ 8^ »\ 8H 6\ k ll,9t>3 The 50:t,000 17iJ.CK)0 8;i.000 313.016' 60.H88 11,903 1,914,359 1,090,069 1,051,874 1,147,867 226.000 17,000 174,900 211,000 32,000 MiDOLtao Tuet. Orleana Baltimore... Phllad«lphla 2,575,259 1,779,869 1,627,074 1,625,267 944,000 410,000 130.000 322,317 104.037 3.985 Kew Au^sta Amencan— bales. QalTecton... Jfon. MobUe l.^o,ooo Ot the above, the totals of American and other descriptions are as folio ws: Liverpool stock Continental stocks Salur. nS7,400 19,000 3 13,0 III 0UN»o qooTATiom rom itxHng 173,000 I'j.OOO closing quotations to-day (Friday) Southern markets were as follows: 8 >•{ Little Rock.... 7>< Atlanta Columbus, Oa. Montgomery . 8 7°b Columbus.Uiss 7^ Nashville 8 Bufaula 7!>g|Natobez 7H . 2,575,239 1,779,869 1,627,074 1,625,267 Total visible supply 6l,jd. 5iDd. Mid. Upl., Liverpool... 4»,»d. Price 67,td. 12iec. Yc 8%o, 110. Price Mid. Upl., New York lO'isC. • ly The importa into Continental ports this week have been 82.000 bales. The above figures indicate an increase in the cotton in sight to-night of 795,390 bales as compared with the same date of 1890, an increase of 948,185 bales as compared with the corresponding date of 1889 and an increase of 949,992 bales as compared with 1888. Newberry 7 Rnleigh 8 Belma Shreveport .... 7»i« Receipts From the PLANTA'noNs.— The following table Indicates the actual movement each week from the plantations. The figures do not include overland receipta nor Southern consumption; they are simply a statement of the weeklT moToment from the plantations of that part of the crop which finally reaches the market through the outports. 120,100 150,000 19,000 660.900 689,800 575,200 477,400 1,914,359 1,090,069 1,051,874 1.147,867 at other important IkcHpU w«tk Mar 16.. " M.. " 29. JUM at tfw Port*. Sfft ot Int«r<OT Tavmt. lUc'pU from PUinCiw. 1890. 1889. 1889. 1890. 1891. 18.487 9,748 11,605 88,619 48,819 88,891 14,194 83.082 88,418 30.998 tutoe 27,303 88,008 80.821 28,878 7.890 18.888 8,776 8.710 4.487 " IS. 6,188 4.88A " 19.. 8,301 3.847 i., The above statement shows: 1. I 1891. 1889. 44,189 175,706 88,073 168,059 33,608 112,696 SI,U1 131.781 88,882 119,785 22.627 112.811 1890. 1891 5,861 5,818 1.900 7,787 5 2,110 90,068 436 W.807 4.U1 17,718 1S.84T 87 —That the total receipts from and since September 1, the shipments week and the stocks to-night, and the same items the plantations since September 1, 1890, are 6,931,035 bales; in 1889-90 were 5,784,728 bales; in 1888-89 were 5,493,203 bales. 2. That, although the receipts at the outports the past week were 20,621 bales, the actual movement from plantations wa» only 13,647 bales, the balance being taken from the stocks at the interior towns. Last year the receipts from the plantations bales and for 1889 they were for the same week were 87 bales. corresponding period of 1889-90 following statement. We give below a AT THE Interior Towns the movement—that is for the week, — is the receipts for the for the set out in detail in the tflWC-'rHBia! c 1 S' = t= » 9t <» C eg §'=.= -'^3 WW pr. •• QD O or op P 1-3 (XI 5.I.. O — Overland Movement for the Week and since Sept. 1. statement showing the overland movement for the week and since September 1. As the returns reach us by telegraph late Friday night it is impossible to enter so largely into detail as in our regular monthly report, but all This weekly the principal matters of interest are given. publication is of course supplementary to the more extended monthly statements. The results for the week ending June 19 and since Sept. 1 in the last two years are as follows: g-t 1889-90. 1890-91. June ace CO <0 «! CO X ifr. i- tO' M *i CO 0» : o*-^«®aaD^*-co. • : . rdc;))^!-* 19. Since Week. osit*- ^lOCOCOQOtC Mc;ioccococ Sept. 1. Sinet Week. Sept. 1. Shtpped— to *o CO a --' to Oi !C C£ ^ cd Iciv >-• Id CO C0 05 W I— -J «-• Via Via Via Via Via Via Via COQCK)«OtOCOO:»C-'-J«Or-CCrf*.i-'CCi*»QD(XOi os^ tf*pa» Cipro oc CO 0050 vipt-a COM 31*. OSh-MtCtOWOXC^'CStOH-CCP'COlOXCCt ; IC tfirs MK-a'<i. -0 owi-.To^ »- »«&' a<)0<IO O3WC0<i: I^^^CC<]^a;DIOIOi •' ; • C*" COM-^rfktCtOO- : Orf»^cc^c;(:;iCi-Jc;«©; [ (-Citoccociancoai-*' • 1- M 'X M -' occ^cooi. tOM ifkiooiM to^r*fctc*k'to;o O X to X M 0« ^ -1 tC *J *1 C3 tC •-' <j; M (-> M© i*. *». 1,483 1,215 Louisville 431 &c iff c;t ^ ^ ^0C»-»i^»OC0IO'^l*5^CnC0'v|-lC0OiX«D j^^XC^ljO^'-'XykXi^t^-^PpUixpOD is 'I co*®wb® cb':.^VTtoo'Vi'i..'--'xtoo'x if^ c )«» -^ 693, 1,130| 4291 4,556 1,413,431 13 1,611 354,942 56,573 116,613 Total to be deducted 8,973 580,890 2.577 528.128 Leaving 2.284|l.010.052 1,979 885,808 total netoverland»..i Including movement by rail to 953 Canada. The foregoing shows that the week's net overland movement year has been 2,284 bales, against 1,979 bales for the same week in 1890, and that for the season to date the aggregate net overland exhibits an excess over a year ago of 124,749 Dales, tCM i(k ko to X X If* V ^] ^ o w 1889-90. 1800-91. C'l In Sight and Spinnert' Takings. co«io>-'<^: OJ #^01000- 0»X to M v* a* • J Receipts at ports to Juno 19 Net overland to June 19 a . coo«cjji- I CO! Co! Mi^i^ QCO tOW> O* CDtD^F'OO -; 10 • S^otoOito! * 627,261 310,97* 58,78S 20,780 122,875 214,803 158,002 365,128 111,096 104,666 4,066 87 *kCoosi— •'itcQts;Cixt—:;»0'CiCJ'tcC'-5C' 10 ~ii267 1,590,942 894 1,410| this ^ cocfl o 85,262 27.292 206,023 177,054 145,938 295,833, 1,820 oxooiO^Joo W05' ©©*»'XXMQO*» 653,540 70 Interior towns Inland, &e., from Booth * coto 3,371 1,635 52 Evansvllle Clnciimatl other routes, Between M CO 'ICtOCOtf-XOD T-ac-^OOM .*k Hannibal Total (rross overland Deduct shipmftitt— Ovcrlaud to N. Y.. Boston, Ac. <llOO>Oc:>ODOCO *l<»CJO-q«d-slM K- CO 0< OtXCCKf Kto i3coeaC(» Louis Cairo St. _ _ tO^I :0K)C30a i^coto V<K>CD c;» to 1^. ^ wo A ^ Oa oo to: CO . The above totals show that the old Interior stocks have decreased during the week 6,177 bales, and are to-night 83,236 bales more than at the same period last year. The receipts at the same towns have been 6,424 bales more than the same week last year, and since Sept. 1 the receipts at all the towns are 695,734 bales more than for the same time in 1889-90. .. Boutheru consumption to Jane 19 Total marketed Interior stocks in excess Louisville Usrures "net" in both years. Last year's flKures are for Orimn. This year's flgures estimated. Came Since Week. into sight during week. Total in sight June 19 Wortyn spinners tak'gs to fne 191 Sept. 1. 20,621 6,831.837 2.284 1,010.052 7,000 513,000 Sinet Week. Sept. 1. 3.347 5,774,845 1.970 885,303 7,000 460,000 29,905 8,354.889 1-2.326 7,119,948 10,083 99.1»8i •4,155, •6,974 8.171, 22,931 8,454.087 1 ,920,1671 |7,130,0S1 1.725.916 Loss in stoek daring week. It will be seen by the above that there has come into sight during the week 22.931 bales, against 8,171 bales for the same week of 1890, and that the increase in amount in sight to-night as compared with last year is 1,324,056 bales. ' THE 946 (JHRONICLE. — Wbathkb Ekports by Telegraph. Telegraphic advices to us to-night indicate that rain has fallen in most sections of the South during the week, and at some points the rainfall has been abundant. As a rule cotton is developing promisingly, but in a few districts grass is becoming troublesome. Oalveston, Texas. We have had one light shower during the week, the rainfall reaching six hundredths of an inch. The thermometer has ranged from 74 to 86, averaging 80. Palestine, Texas. It hfis been showery on one day of the week, the precipitation reaching five hundredths of an inch. Average thermometer 82, highest 96 and lowest 68. Huntsville, Texas. There has been rain on one day of the week. Cotton is doing well. The rainfall has been twentyThe thermometer has averaged five hundredths of an inch. 82, the highest being 96 and the lowest 68. Dallas, Texas. The weather has been dry all the week. Corn needs rain but cotton is doing nicely. The thermometer has averaged 82, ranging from 68 to 96. San Antonio, Texas. There has been moderate rain on one day of the week, the precipitation reaching twelve hundredths of an inch. Crops are doing well. Tlie thermometer has ranged from 66 to 96, averaging 81. Luling, Texas. Rain is needed for corn, but cotton is growAverage thermometer 84, highest 100 and ing finely. lowest 68. Columbia, Texas. Rain on one day of the week has been of great benefit. The rainfall reached forty hundredths of an inch. The thermometer has averaged 81, the highest being 96 and the lowest 66. Cuero, Texas. Crops are fine. No rain has fallen during the week. The thermometer has averaged 84, ranging from — — — — — [Vou ui. the precipitation reaching forty hundredths of an inch. Average thermometer 83, highest 89 and lowest 74. Augusta, Georgia.— The weather has been warm and sultry during the week, with light ra' q on one day, the precipitation reaching ten hundredths ol an inch. Crop reports are confiicting. The thermometer has averaged 80 ranging from 68 to 93. Savannah, Oeorgia.—We have had rain on five days of the week, the precipitation reaching fifty-five hundredths of an inch. The thermometer has averaged 79, the highest being 92 and the lowest 70. Charleston, South Carolina. have had rain on two days of the week, the precipitation reaching fourteen hundredths of an inch. The thermometer has ranged from 72 to 89, averaging 80. Stateburg, South CaroJma.— Rain has fallen lightly on three days of the week, to the extent of thirty-four hundredths of an inch. Average thermometer 77-6, highest 91, lowest 65. Wilson, North Carolina. Telegram not received. The following statement we have also received by telegraph, showing the height of the rivers at the points named at 3 —We — o'clock June and June 18, 1891, 19. 1890. J«ne — — — 68 to 100. — New Orleans Above low-water mark. Above low-water mark. Above low-water mark. Above low-water mark. Above low- water mark. Memphis Nashville Shreveport Vicksburg India Cotton Movement and shipments of cotton at the week and year, bringing BOMBAY BECEIPTS AND June 18, 91. 19, '90. Feet. Feet. 7-7 19-9 5-3 14-8 27-6 18-8 5-3 17-9 32-3 121 prom all Ports.—The receipts Bombay have been as follows for the figures down to June 18. SHIPMENTS FOR FOUR TEAR&. Brenham, Texas. It has rained magnificently on one day of the week, the rainfall being seventy-five hundredths Shipments this week. Shipments since Jan. 1. Receipts. of an inch. Crops look fine. The thermometer has ranged Year Oreat Conti- „ Oreat ContiThis Since from 68 to 98, averaging 83. ^"toiTotal. BHt'^i. nent. Brilain nent. Week. Jan. 1. Belton, Texas. Crops continue fine. Dry weather has prevailed all the week. Average thermometer 87, highest 98, 1891 2,000 30.000 32,000 88.000 827,000 915.000!48,000 1,662.000 1890 13.000 , , — lowest 76. Weatherford, Texas.—'the wheat harvest is finished com is made and cotton is promising. No rain has fallen all the week. The thermometer has averaged 78, the highest being 96 and the lowest 60. New Orleans, Louisiana. have had rain on seven days of the week, the rainfall reaching three inches and thirty-two hundredths. The thermometer has averaged 78. Shreveport, Louisiana.— Th^xB has been rain on three days of the week, the rainfall reaching thirty-eight hundredths of an inch. The thermometer has ranged from 67 to 93, averaging 81. Columbus, Mississippi.— It has rained on four days during the week to the extent of one inch and nineteen hundredths. Average thermometer 80, highest 94 and lowest 67. Leland, Mississippi. have had rain on four days of the week, the rainfall reaching two inches and seventy-three hundredths. The thermometer has averaged 78'4, the highest being 90 and the lowest 67. Clarksdale, Mississippi. Cotton is becoming grassy, rain having fallen on six days of the week, to the extent of five inches and seventy-eight hundredths. Meridian, Mississippi.— Crops are growing well, but stands are poor in a number of sections. The thermometer has ranged from 58 to 88. Helena, Arkansas.— It has been showery on four days of the week, the precipitation reaching two inches and fifty-four hundredths. Crops are much improved in appearance, but too much rain has started grass. Average thermometer «0, highest 90 and lowest 68. Memphis, Tennessee.— Crop prospects have improved, but dry, clear weather is now desirable, especially in bottoms, where grass is becoming troublesome. It has been cloudy and showery on five days of the week and now looks threatening. The precipitation reached two inches and twelve hundredths. The first bloom was received on Saturday last from Benoit, Miss. The thermometer has averaged 79, the highest being 91 and the lowest 67-5. Nashville, Tennessee—It has rained on three days of the week, the precipitation reaching forty-seven hundredths of an inch. The thermometer has averaged 78, ranging from 66 to ; 42,000(55,000 3]6,000(956,O00i].272,000:.S5,OO0 1,790,000 2.000 5,000 7,000 315,000|T!11,000 1,136,000 33,000 1,558,000 18881 9,000 13,000122.000 189^000)56 1,000 750,00020.000 1,214,000 1889 1 Shipments for the week. —We —We Continent. 1,000 4,000 5,000 Calcutta— 1891 1890 Madras— Continent. 4,000 6,000 18,000 24,000 41,000 73,000 59,000 97,000 1,000 4,000 0,000 2,000 5,000 6,000 11,000 Total. Total 1,000 1. Oreat Britain. 1891 1890..... All others— 1891..., 1890..., Total. 2,000 3,000 1,000 1,000 3.000 4,000 17,000 19,000 13,000 19,000 30.000 38,000 2,000 5,000 5,000 6,000 7,000 11,000 39,000 49,000 56,000 97,000 95,000 146,000 aU- 1891 1890 EXPORTS TO EUROPE FROM ALL INDIA. 1891. — 01. Oreat Britain, Shipments since January Shipnients alt Europe to from — Bombay All other ports. 1889. Since Jan. 1. This week. 32.OO0I 915,000 95,000 55,000 1,272,000 11,000 116,000 7,000 1,136,000 114,000 39,000ll,010,00o! 66,0001,418.000 7.000 1,250,000 7,000 Total 1890. This week. This week. Since Jan. 1. Since Jan. 1 ALEXANDRIA RECEIPTS AND SHIPMENTS. Alexandria, Egypt, June 15. Receipts (cantars*) This week Since Sept. 1890-91. 1889-90. 1888-89. 5,000 4,012,000 3,160,000 1,000 2,722,000 1. This Since week. Sept. 1. This Since week. Sept. 1. This Since week. Sept. 1. 3,000 380.000 2,000 227,0001 1,000 261 ,000 2,000 163,000 1,000 223.000 1,000 155,000 5,000 507,0001 3,000 424,000 2,0001378,000 Exports (bales)— To Liverpool To Continent Total Europe A cantar Is 98 DOunds, Manchester Market. — Our report received by cable to-night * Mobile, Alabama.— Abnjxdant rains, with high temperature from Mancliester states that the market continues easy for have had ram on six days of the week, the rainfall reaching both yarns and shirtings. There is talk of resorting to short four mches and twenty-two hundredths. The thermometer has time. We give the prices for to-day below, and leave those have caused vigorous development of the cotton plant. We for previous weeks of this and last year for comparison: ranged from 71 to 89, averaging 79. 1891. 1890. Montgomery, Alabama.— Crops are doing very well. We have had ram on three days of the week, and the balance of CoU'n Colt'n 8I4 lbs. 32« Cop. lbs. 32» Cop. 8H Mid. Mid. the week has been warm and dry. The rain-fall reached Twist. Shirtings. Twist. Shirtings. Uplds Vpld* Bixty-nme hundredths of an inch. Average thermometer 78 highest 92, lowest 65. ' Selma, Alabama.— There has been rain on three days of the week to the extent of one inch and fifty-one hundredtlis The thermometer has averaged 79, the highest being 91 and the lowest 73. Auburn, .d/abama.— Telegram not received. Madison, Florida.—Crops are looking well, considering the wet weather. There has been rain on five days of the week to the extent of three inches and seventy-five hundredths' The thermometer has ranged from 71 to 92, averaging 79. Columb^is, Georgia.—It has rained on one day of the week My d. d a. d. ®758 5 10 e. d. d. d. d. ®6 10 413,, 87,a»8i3i. ...Holiday ... 81* "4%" 8»g a8''e ®8''8 ®7'e 5 10 <r6 10 7iifl S7»u 5 10 «6 10 4% 12 7 «7Js 5 9>3*6 912 4=8 8^iii®8i3|g " 196'ti.'a77,ft 5 9 ai6 9 48|« 8% «8% 15 718 22 29 7>e I ». d. 6 6 4 6 6 s. ®7 4>a*7 3^-(f7 4JDa7 6 4is®7 6 4 87 d. d. 4 6>3 4V! 6a,8 4'«' 6=8 6»,8 4'ii 414' 61s 3 67,8 1 European Cotton Consumption for J one 1.—We have received to-day, by cable, Mr. Ellison's cotton figures brought down to June 1. The revised totals for last year have also been received and we give them for comparison. The spinners' takings in actual bales and pounds have been as follows: THE CHRONICLE. JiTNE aO, 1801.J October 1 to June OonHnttU. Oreat Britain. \. 2,S91.000 T«klnK«by aiiliiners...balea| 3,130.000 5,711,000 471-2 481 AversKe welKlit of balea.lb8( 463 TaktDgti In pounds 1,246,371,000 1,444.960,000 2,690.831.000 rofat bat4§. LtrenxMl. per iteaineni AUatla (aiMIUonali, fil6....Arlxona, 1.019 ...City of Berlin. I,nOO....Etrurla, 270 ...luly, 883 ...Mn.|niitlo. 352.... Taaric, 3,093 6,088 To Hull, per ateamer Hlmloo, 86 8S Maw Toaa—To For 1889-90. To Harre, percteamer LaCbampune, 491 To Bremen, per ateamer Pulda, 203 To Hambnrg, periteamera MoraTla, lOO ...WleUnit, 300.. To Antwerp, per iteaoian RbrnUnil. 739....Wes(emland, Oct. 1 to Jwne 000« 1889-90. 1S90-91. 1. taek. omitted. Ibi. Bplnners' stock Oct. Oreat Britatn Conti- Total. nent. Oreat Britain 77. 3.116, 167. 3,612. 244, 6,728, Sapply 3,193, Oonsampt'u 35 weeks. 2,940, 3,779, 3,065, 6,972 6,005 2,99S, 714, 967, 272, Taking to June 1. 1 Bplnners' stock June 1 Wttkly Oonmimption, 00« omitltd. In October In November In December In January In February In March InApril In May. 253, 55. 2,910. OonMTotal. ntnt. 181. 3,248 298 1,037 To Naples, per steamer OerKOTla, 200 To Havre, per ateamor Marseille, 6,734 To Krenipn, peratnamera Antonio, 3,550 European. 5,824 To Antwerp, per atearoer Marseille. 100 To Rarceloiiii, per steamer Martin Baenz, 3,450 Bavannah— To Hiirni'Inna, per Steamer Eglantine, 3,841 Norfolk— To IlainbiirK. persteamer Proclda, 459 West point— To LIv.timx)!, persteamer Frodcrloo, 1,225 per steamers Cepbalonla, 278 Georgian, 4,039 ...Roman, 1,468 To Yarmouth, per steamer Yarinoath, 100 Baltimork— To Bremen, per steamer Oera, 400... To Ilnmliiirg, pr-r steamer Ootbla, 51 To Kotterdiim, pw steamer Patapsoo, 1,246 FaiLADKLPHiA—To Liverpool, per steamer Lord Ooagb, 599 89.0 76,0 77,0 77,0 79,0 79,0 79,0 79,0 79,0 80 80,0 80,0 83,0 83,0 83,0 83,0 83.0 156,0 157,0 157.0 162,0 162,0 162,0 162,0 162.0 supplied the transactions in jute butts are on a very limited scale. Ruling prices are l-20c. for paper grades and l^c. for bagging quality. Domestic Exports of Cotton Manufactures.—Through the courtesy of Mr. S. Q. Brock, Chief of the Bureau of Statistics, we have received this week a statement showing the exports of domestic cotton manufactures for April, and for the ten months ended April 30, 1891, with like figures for the corresponding periods of the previous year, and give them below: Quantities 0/ Manufactura of Cot- Montli endtnQ Apr. 80. 10 mot. ending Apr. SO ton [colored find uncolored) exported tn 1880. 1891. 1891. 1880, pool. Hull. Bavre. 86 6,935 Orleans, 16,542 Norfolk West Point Boston Baltimore PUladelp'a 491 6,731 Tarburg. Antio'p.Naplei. mouth. 501 1,027 -200 9,374 Germany Other countries In Europe.... British North America Mexico 4^7,469 2,044 268,625 161,622 611.891 8,319,7761 421.882 1.^73.445 428.187 5.786,493 Central American States and British Honduras Indies West Argentine Republic Braiil United States of Colombia... other countries in S. America China British East Indies Other countries in Asia and Oceanica Africa Other coontrles 848.896 651.140 12,670 497.717 44:<.034 1.470.349 1S.18S.S8H 76.661 11.882.760 1-0663 Germany France other countries In Europe British North America Mexico Central American States A British Honduras West Indies Argentine Republic |S0,984 IJKH 3,804 8.360 1.119 60,968 BJtlS 416 17,8^1 42.171 7,916 8.789 18,0:8 4.491 10.474 see 8,770 Onited States of Colombia other countries In So. America «3M 8.M9 8.644 8.806 Oceanica Africa Other conn tries Total Tains of other masufaotores of A«gr«»af Tains of al 1 cotton soodii $9,741,414 »-0687 1261,487 19,177 4,413 35,887 897,833 187ai7 67,040 91,376 6,038 88.808 41,8a» 88.618 867 Braill British possessions In Australasia -ether countries In Asia and 8.37S.828 12.153.104 1.0411.843; S. 443.267 5.S14.775 l).0,B.568 8.049,244 1.5113.140 IS.T.IS.HM.S 14.470,258 61,263,«»rt V6.22<l.im 4,630,138 4,013,971 94.461,866 (706,385 t40.16B S.1SI 7,190,578 12,I4'),537 10,281,774 141,829,71)0 893,200 19,866,108 5I0.7.S0 l.a'H.387 480,062 6,519,605 4,668,630 6,«9«,712 3,637,061 63.424 Total values of aboTS. Value per yard e.li?4,gfl7 3,800,819 6,457.610 4.957.840 970.723 1,843,267 Total yards of abore. Valuei of other Ifanufacturet of Cotton exported to— Sreat Britain and Ireland 433.175 1.198.470 279.994 1,008,263 182,117 1.268.914 1,010.000 86l.9fij 187.613 9,248 86.200 3,841 3,841 451 1,246 599 599 100 59,119 86 7,225 10,788 2,373 7,191 Below we add the clearances this week of vessels carrying cotton from United States ports, bringing our data down to the latest dates: Waw Orleaks—To Liverpool—Jane 13—Steamer Darien, 6,350.... June 15- Steamer Explorer, 4,100, To Havre -Juno 16— Steamer Havre, 5.111. To Hiimhurg— June 13 -Steamer Cheruskla. 1,150. To Antw.-rp— June 16— Steamer Havre. 4 19. Norfolk— To Liverpool— June 16— Steamer Frederlco. 250. NawpoHT News- To Liverpool -June 12— Steamer Toledo. Boston— To Liverpool -Jane 9 -Steamer Columbian, 3,915. ..June 12— Steamer Snmaria, June 15— Steamer Mlctiigan, To Halifax -Juno 13- Steamer Carroll, 52. BALTiMoaE— To Liverpool-June 3— Steamer Bossmore, 1,799 June li-8teamer Nova Scotian, 2,193, To Bremen— Juno 10— Steamer Weimar. 400, To Rotter lam-June 12— Ste.imer Ilrblno, Philadelphia— To Liverpool— Juno 16— Steamer Indiana, Below we give all news received to date of disasters to vessels carrying cotton from United States ports, &c. CiTT OF Richmond, steamer (Br.), from New York, June 3, for Liverpool, arrived at the latter ptrt June 15. A Ure wa^ disoovered among the cotton in the forehold on the 9 :h. She wa? put lo the Hornby Dock, Liverpool, June 17, and when the hatchea were removed from the hoM In which the burning c:itton was stowed smoke and Qiimes came out. The flremeo Immediately fl >oded the hold. There are 600 bales lo the burning hold, of which 200 bales were taken out June IS. Most of the cotton Is badly charred and many bales are destroyed. The vea.sel lia^ recovered from her list to port. The Are was mainly on the port side. There the plates are bulKed and the paint Is peeling off. It will bo necessary to remove another hundred bales l>efore the Ore can be subdued. Total.... 31,036 . . The City of Richmond carried 2,082 bales of cotton. Ootton freights the past week have been as follows: 16.765,200 $-0716 1890.418 34.036 7,667 43,148 257,703 167.847 Uverpool, steam (f. Do Ute deUv'y.d. «. Oavre, a.«.iic Do saU Bremen, steam., Do »38 »S2 \i »33 • ..a .... .--. .— 84.188. 83.846 81.8)) I fas ^18 .... .... .— ..• e. *i» »S9 *S3 *n »»S »I8 ••• .... -.• .... .... >« H "8 H >8 d. .... ...* .... 27V 27'«' 27V 27V ..« .... .... ...a .... .... »l. »i« SlS »I« »1S "it •>•• — .... .... .... .... \. >4 H H ^ •.,2 >33 "SJ »sa '«. •S3 "S4 "S4 •.4 ».4 "«4 "S4 "^ u„ ".4 ».4 ».4 »«! lbs. — By cable from Liverpool we have the following icatement of the week's sales, stocks. Ac, at that port. LivEBPOOL. lales of the week bales Of which exporters took.. Of which speoolaton took. American 43,000 1„300' 1.400 43.6e.'< Sales ............... 34,000! 80.861 Aotnal export................. 2.000 368,127 6,7«S 22,734 tl,4S6,19l tI,3«4.1S7 $8,129.865 1168,878 1. 176,605 27%' H 48.9-<8 »864J57'«1 >• .... 2714* 241,469 8,996 32,759 6S4| *» .... 843 8KS fu '»S .... iraj/29, 61.147 83.385 S*8 •'a <f. Per 100 ha .... Indirect.. <*. saU JH. Tt8 Barcelona,steam d. 3«noa, steam., .d. rrleate, steam... d. • fuM. Indirect.*. Beval. steam Do Man, r. 9ambarg,steam.(i. Do via lndlreot.d. 4jnst'd'm, steam.e. Do Wednet. Ikun. Aihtr. 35.<08| 1188.931 1,325 5,885 1,697 100 5,785 S,t)88 >l.4a5.()81 459 459 81.989 i.8«a Total. 100 3.450 1,225 — 432.n5« U.OSx KT.OIO S9.208 629,897 599 59.149 . —There and the close to-night is at 5J^c. for 1^ lbs., 6J^c. for 2 lbs. and 6%c. for standard grades. Manufacturers being well yards 51 1,246 . . Bremen Roller- Barerdt Ram- dam it lonn <t Liver- has been only a moderate spot inquiry for bagging during the week uoder review, but considerable orders for future delivery are said to have been received. Quotations have been steadily maintained, Great Britain and Ireland 100 400 particulars of these shipments, arranged in our asual 835, The foregoing shows that the weekly consumption in Europe is 173,000 bales of 400 pounds each, against 163,000 bales of the same weight at the corresponding time last year. The total spinners' stocks in Great Britain and oa the Continent have decreased 31,000 bales during the month, and are now 133,000 bales in excess of the same date last year. Jute Butts, Bagoino, &c. 459 1,325 to-m, are as follows: Savannah 171,0 171,0 171,0 171,0 171,0 171,0 173,0 173.0 100 3,450 8,841 8,785 ^ Total !«, 87.0 87,0 87,0 87,0 87,0 87,0 89,0 9374 Liverpool, New York. 84,0 84,0 84,0 84,0 84,0 84,0 84,0 84.0 6,734 236. 8.188, 3,429. 6,424, 2,866, S689. 563 200 Liverpool, per ateamera Aaatrallan, 3,718 ..Dliooverrr, 4,912 ..Kiiilllano, 4,050. ..Historian, 3,861 10,542 The 2,723, 491 204 300 saw OBiaARS—Tb Bos-roN- To B9lf of 400 exports of cotton from the United mail returns, have reached states the past week, as per latest 89,149 bales. TaklnKB by (>i>linierfi...bale8i 2,480,000 3,891,000 B,374.000 458-7 Averat^e welgbt of baloa.lb8. 470 449 TaklMgg In poundg 11, 165,679,000 1,393,482,000 8,465.161,000 Aecordinu; to the above, the averaj^e weight of the deliveriea in Oro»t Britain is 431 pounda per bale this season, ai^ainiit 470 pounds during tlie same time last season. The CoDtinental deliveries average 463 pouads, agaiast 440 pounds last year, and for the whole of Europe the deliveries average 171-3 pounds, against 4.5')-7 pounda. Our dispatch also gives the full movement for this year and last year la bales of 400 pounds. News.—The HBtPPiNO TMal. For I800-91. 947 .^vneS. 40,000 2.000 2,000 35.000 6,000 56,000 Forwarded 56,0001 rotai stook-Estlmated 1,216,000 1,200,000 , Of which American Estim'd 083,000 970,000 4ii,000 rotal Import of the week 60.000 .^2.000 39,000 Of which American 100,000 100,000j 4moant atloat 70.0001 Of which American 70,000 — June 12 Jftne 19.] 43,000 50.000 3,300 2,600 3,100 6,200 37.000 41,000 7,000 1.000 56,000 52,000 1,194,000 1,170.000 9^5.000 944,000 68.000 35,000 47,000 26.000 80,000 100.000 55,000 70.000 IHE 948 CHiiOJNlCLlii. The tone of the Liverpool market for spots and futures each diy of the week ending June 19, and the daily closing prict s of spot cotton, have been as follows: Saturday Monday. Tueiday. Spot. WedruM. Thur$€Py. Friday. [Vol. LU. wanted to complete cargoes and to supply the current wants of the trade. The scarcity was due in a measure to the recent break in the Erie Canal. The reduction in the visible supply was also an element of strength. On Monday No, 2 mixed brought 68® 683^0, afloat, but on Tuesday t eld above 70, and No. 2 white brought 71c. to arrive but business was nearly at a standstill. On Wednesday No. 3 mixed brought 73@73>ic. afloat and yellow 73c. on the track. On Thursday futures had a sharp fall under the improved crop prospects, and the spot market was dull and drooping. To-day the market was steadier but very quiet No. 2 mixed, 72c. on the spot. OAILT OLOBina PBIOBS OF DO. 2 KIXSD CORN. Sat.' iron. Tues. Thiers. Fri. Wed. eSSg JulydeUvery c. 62 ei^e 6476 64 64 6OI4 « August delivery 6078 c. 61 13 62 61 61% 60ie September delivery c. 60=8 61 eo^a 59H 60H Oats were quite unsettled. The rise on Wednesday was in sympathy with the course of corn, and aided by reports of damage to the new crop. The sharp decline in prices was due to an effort of the bulls to unload in the face of better crop, accounts and weak markets for other cereals. To-day the market was steadier, with a brisk local trade. DAII.T OLOBINO PRICES OF HO. 2 mZBD OAIB. Sat. Mon. Fri Tues. Wed. Thuts. ; Market, i Moderate 145 P. M,5 Freely Freely offered. offered. Irregular. 408 Mld.Opl'cLB. B^es 500 Bpeo. (feexp. Dull. offered, 4»16 4»ie 6.000 10,000 1,000 10,000 1,000 7,000 1,000 10,000 1,800 7,000 Freely ; 5Q0 luture*. Market, 1:45 p. ) M. Market, 4 Qnlet at Weak at Easy at 2-«4®3-e4 2-64® 3.84 partially decline. decline. 1-64 dec. Very Weak. Weak. ) P. H. steady. ] Sasy at steady at 2-64 partially decline. f«4adv. ® 1-64 Quiet and Steady. Very Firm. Basy at partially f-«4 dec. steady. The opening, highest, lowest and closing prices o( futures at Liverpool for each day are given below. Prices are on th e b isis of Uplands, Low Middling clause, unless otherwise stated t^" The prica are given in pence and 61tA. Thut; 4 63 means 4 63-64(J.. and 5 01 means 5 l-64rf. : Sat., Jnne 13. Open Sigh Low. i. 4 33 June Jane-July... 4 33 July-Aug... 4 37 August. ... 4 41 Ang.-Sept.. 4 41 September. 4 44 Bept.-Oct... 4 44 Oot.-Nov.... 4 46 Kov.-Dec... 4 49 Dec. -J an.... 4 51 Jan.-Feb.... 4 63 Feb.-Mch... 4 55 CU)s. {Hon., Jane 13. Open High Low. d. d. d. 4. d. d. 4 33 4 33 4 33 4 33 4 33 430 4 30 438 4 30 4 30 4 37 4 42 4 37 4 41 4 37 4 34 4 38 4 34 4 39 4 29 4 29 4 33 4 37 4 41 4 43 4 4 4 38 4 40 4 38 4 41 4 44 4 4 41 4 47 4 49 4 51 4 53 4 4 40 4 43 4 45 4 61 4 53 4 51 4 53 4 47 4 49 4 48 4 48 4 50 4 55 4 55 4 55 4 50 4 51 4 4 42 41 4 41 44 4 45 44 4 44 48 4 47 49 4 49 4^ June 16. Tues.. Oloa.] Open High Low d. d. d. Cloa. d. d. 429 420 4 29 4 29 4 4 29 4 29 4 28 4 28 433 4 33 437 438 4 31 4 36 4 32 4 37 4 38 44LL 4 35 39 39 41 4 29 4 33 4 87 4 37 4 40 4 39 4 42 139 4 40 438 4 39 4 39 4 41 444 4 4 43 4 43 45 4 47 4 46 4 4 45 4 48 4 49 4 60 4 48 4 60 4 43 4 45 4 47 4 49 4 41 43 4 51 4 49 4 45 4 47 4 49 4 37 4 4 4 4 4 4 4 4 40 40 42 41 46 28 4 36 4 4 47 3it 0. 46H 3714 JulydeUvery Si^a 44ifl 41's 41H 38'4 0. 40% 35'4 36'4 36% August delivery 36^ 36I4 September delivery c, 37% 34% 34% Eye remains nearly nominal. The following are closing quotations for wheat flour in barrels. (Corresponding grades in sacks sell slightly below these figures): FLOUB. $5 00»f5 35 Fine 9 bbl. *3 35W$4 00 Patent, winter 3 803 4 25 City shipping, extras. 5 00 a 5 20 Buperflne 4 75 a 5 00 4 209 4 50 Rye flour, superflne. Extra, No. 2 Fine 4 453 4 75 3 859 4 10 Extra, N«U 4 753 4 95 Com mealClears. ...V. Western, 3 30 9 3 50 859 5 00 &o Straights 4 ., Brandywlne. ....... 3853 .... 5 259 5 75 Patent, spring o&ahi. Wheat— 0. Spring, perbnah...! 03 •! 13 Bed winter No, 2..1 07ia»l 09 Thnrs., June 18. Open Bioh Low. CU». Op«n High Low. d. d. d. d. 4 23 4 26 4S» 4 26 June- July... 4 23 4 26 4 23 4 23 July-Aug... 4 27 4 29 4 27 429 Jane August 4 32 434 Ang.-Sept. 4 32 September.. 4 35 434 4 32 4 34 4 37 Sept.-Oct... 4 35 4 37 4 35 4 33 4 37 4 37 Oot.-NoT438 NoT.-Dec... 4 40 Deo. -Jan.... 4 42 4 40 4 42 4 38 4 40 4 40 4 42 4 44 4 46 4 48 4 32 . 4 34 Jan.-Feb... 4 44 4 44 4 46 4 42 4 44 Feb.-Mch... 446 4 48 4 46 Clog, Fri., d. d. d. 4 24 4 24 4 21 4 27 4 32 4 24 4 24 4 26 4 31 4 31 4 35 4 33 4 24 4 24 4 27 4 32 4 31 4 35 4 33 4 23 424 4 26 4 31 4 31 4 33 4 35 4 88 4 40 4 42 4 44 4 31 4 35 4 35 d. Clos. d. 4 25 4 32 4 32 4 28 4 32 4 36 438 4 40 4 40 4 42 4 42 4 44 4 44 4 47 4 48 4 46 lis 427 4 33 4 33 4 33 4 82 4 37 4 37 138 4 38 4 35 4 3'! 4 89 4 40 4 42 4 40 4 42 4 45 4 47 4 49 442 4 44 4 46 4 43 4 32 4 44 4 48 4 48 BREADSTUFF S. Fbidat, Jane 19, 1891. ; with sales of 96,000 bushels, mostly for export, including No, 2 spring, at |1 06® |l OG^^, No. 3 spring at $1 05)^® fl 06, and choice red winter at $1 11)^ but the distant deliveries were ; weakened by favorable crop prospects. To-day spots and early deliveries were easier and the later deliveries firmer. There was a fair export business, including No. 2 red winter, to arrive, at |1 OSJ^, and No. 2 spring at |106%@|1 07%, in store and afloat. DAILT OLORDIO PBIOBS OF HO. 2 BSD WnfTBK WHBAT , J „ July delivery , Ausuot delivery September delivery October deli very o. o. 0. c. lOSig IOI39 100% 101% November delivery 0. lOl's December deUvery 0.102=8 Maydelivery 0. lOeSs Indian corn for prompt early in the week. It had Hon. Tuei. 105 106 lOOOg 101% Wed. lOSis lOlOg 100 101 101 lOOk 10138 lom 102% lOl^g 102is lOl's Oom, per bush.— Weet'n mixed W'nmlx. No.2 western, per bnsh., State and Jersey .. Barley Malt- 85 87 90 92 Ihurs. Fri. 10458 1047b lOOia 100% 9919 99% 99^8 100>4 loo's lOO'a lOUs 101>| 10o»8 IOS'b 106 107 106% delivery showed great strength become scarce and was much 70 72 70 70 Weet'n yellow Westernwhlte • 73 73 73 Oata-Mixed..V ba. 41 « White 44 « 41Jfl» No. 2 mixed No. 2 white 44'st 44 54 43 46 90 « 92 95 a> 97 1 00 '8105 Canadian The movement of breadstuffs to market is indicated in the tatement below, prepared by vis from the figures of the New first give the receipts at York Produce Exchange. Western lake and river ports, arranged so as to present the State, 2-rowed State, 6-rowed We comparative movement for the"week ending June an<1 since A.UKUst 1. for each of the last three years: StMipU atr- /low. Com. Whtat. 13, Barley. Oati. 1891, Rvt. BblM.VKHbt Butveoib a<Mll.58lb Buth.S2lh> Bu.*.481h Bu. te lit 1,211.829 39,841 2I,»0S 364,141 1,231.185 60,686 Jhloago 13.993 11,180 76,000 82,900 155.C66 24,583 UUwaukee.. 34,833 32,933 302,071 43,466 anluth 438,810 .. tfinneapolt). 3,964 1,137 54,16; 25,038 1,872 rolado 19,328 S,862 9,170 70,869 1.618 OMrolt.. . . 163 T.LSO 7,337 55,357 45,573 10.731 3Irreland. . 3,917 650 285,380 142,710 71.329 21,754 jULonlt..... . The markets for flour and meal were about steady, and there was a good business in wheat flour of the low grades for export but the very hot weather caused a good deal of pressure to sell lots that had baen long in store, for which in some cases slightly lower prices were accepted. For all fresh ground stock full prices were strenuously maintaiaed. Today the whole market was dull and weak. The wheat market has bsen unsettled and irregular. For prompt delivery there was at times much strength exhibited, even while the later deliveries were weak and unsettled. This was notably the cas3 on Monday and Wednesday. The strength of early deliveries on Monday was due to the decrease of nearly a million bushels in the visible supply, and much smaller local stocks, while the export demand was good, the sales on the spot aggregating 153,000 bushels. A stronger market on Tuesday was attended by inactivity in spot wheat. On Wednesday the early deliveries were dearer, Sat. White Rye— 424 426 4 21 iS9 428 4 27 4 40 4 42 4 44 4 47 416 4 47 d. 4 25 438 438 438 4 40 4 42 4 44 19. Open.High\Low.i d. d. June I 100 «1 11 102 »1 10 Red winter Wed., Jnne 17. 0. 3,150 12,000 100,200 124,00<' 1,800 2,200 167,058 141.376 189,011 1,510,421 1,700,027 4,937,419 1,865,094 91,291 45,739 2,,'577,637 1,416,043 253,170 63,490 151,623 2,283,776 9,334,800 103,124,841 89,335.489 10,303.953 108,897,14!? 182,412,113 8,315.037 82,280,28; 108,522,S9i 84,281,075 85,662,575 73,481,728 88,245.593 4,174,89* 6,915.488 4,563,232 Peorta Tot.wk.'91. Jama jams wk.'89. ««« Aug. wk.'9a. 1880-91 1889-90 188e-89 . 995,474 657,576 33,263 1. 25,811,319 24,889,829 The exports from the several seaboard porta for the week ending June 13, 1891, are shown in the annexed statement: from- Sew York Boston... Portland. Uontreal. Phlladel. Baltlm're N. on'n*. Wheat. Oom. Bunh. Buth. 332,962 49,342 503.540 16,000 Flour. Bblt. 44,608 21,963 Buih. 3,713 100,019 rot. week. 750,657 565,998 182,400 4,421 8'me time 1880. 381,834 2,182,744' 150,43o| 947,585 N.News.. Rlchm'd 9,535| 25,752 32,243 16,762 52,143i Bush. Peas. Bush. 6,185 56» 600 59,745 25,978 12,000 90,772 39,622 34,670l Bye. Oat». ""50 58 549 27,850 6,754 88,813 67,760 The receipts of flour and grain at the seaboard ports for the week ended June 13, 1891, follow: Flour, At— Wheat, bush. bbls. (Jew York 107,440 33,638 Boeton 26,148 Montreal Philadelphia.. 54,041 42,741 Baltimore Richmond .... 3,950 HewOrleans.. 9,529 806,930 49,335 353,193 49,187 141,029 9,940 61,531 Corn, bush. 166 .003 186,953 182,408 113,898 15.^,935 28,500 14,142 Oats, bush, 384,800 59,145 14,327 91,156 37.000 9,310 23,185 814,836 621,923 Total week.. 277,487 1,474,165 week '90. 165.111 516,8212,489,200 1,893,425 Cor, i^tnteinent of for May and the Barley, bush. 1,400 busk. 5,600 8,400 1,400 68,837 17,000 28.952 of BreadstalTg from Uniled States Port* eleven months to May 31, will be toand on p. »-i* Kxports JCNB The 1891.] 90, viBible priiicipiil ports, June In ilore Oo 13, 1891: at~ 1.•5 ulluat BoflTalo I CbloaRo Milwaukee >alatl> Toledo Detroit OsweKO' et Louis afloat.... OlDclnnatl Boston Toronto Montreal PUladelphla Peoria. IndtanapoUs Kansas City Baltimore Minneapolis On 21,000 16.887 161.120 41,657 isolsbo 3,153 sie'.eVo June June June Tot. June Tot. Tot. Tot. 'is'.iVs 103.234 75,025 U,<100 140,604 2G9,^79 2,563 7,"i57 '8,686 7.991 30.888 "41434 "2;i"69 river. 13.'91. 6."91. 14,'90. 15,'P9. 16.'88. 4.955.677 5,606,487 10,204,224 11,215,095 12,448,513 "i,6ia 1891. "d'oo'o^ Ilsld by Provlilenoe manufacturers. Fall River manufacturers 8,600 4.262,?00 294,593 4,519,391 304,859 5,390.161 09 1,712 5,408,153 1,02^.M>7 5,707,000 240,128 Outside speculators 112,009 146,274 529,273 303.562 240,023 THE DRY GOODS TRADE. TORK, Friday June gloek of Prtnl OtolAt— ........ stock, this week's not received. NEW Print cloths are luchangnd in price from last week, 64x64s remaining at 2 ISIOc. less one per cent, with 54z60ti (] lotcd at 2 9-16o. lesi one per cent. The tone is steadier and some considerable sales of regulars and odd have been reported counts made. It is thit a reduction of wagfs is likely to be sgreed upon by manufacturers, preiumably with the object of forcing the operatives to strike. 1,191 449.747 270,500 Oswego -Last week's S82 42.do6 64,722 44.435 133.341 156.403 156.348 6.950 48,038 92,790 1,212,195 l,43i',907 705,500 1,392,C00 15.801,543 16,477.405 21,578,141 17,631,294 25,246,698 1,007 fall prints. 51.200 20,000 123,332 '9'2;.570 On oanalA * 2 130.660 162,997 2.517.571 83,535 170.098 20,000 93.689 20.000 3.000 10,320 63.117 397.757 39.810 lO.oro 34,788 179.145 197.939 4,523,483 consilerable W tf.500 95,995 Lakes Tot June Kyt, buah. 17,360 25,500 80.000 149.564 151.713 1,103,016 1.3J8.696 10,873 4,533 43.775 83,056 35,926 31.710 36.304 32.478 Mississippi On OaU, InuK. 972,483 3,100 Albany Do Com, 183.029 htuh. 933,171 949 falling ofl from loina rMMit •spertancM. Bleached shirtliiKa werd irregular in morement. Beducdd prioM induced some illght iocreaM In baying, but the reapooM was diaappolnting. The redactions wera a«nt per yard in Barlty bwK. 4-4 bloacned shirting* aa follows: Lonsdale, IIopc, Blackitona 10.788 Fitrhville. Forget-Me-Not, New York HilUi, Wanuutta and Masonville; alM in Lonsdale camlTics and 7-1 bleached ahirt1,391 Colorad cottona wire quiet throughout, and only a ing4. 832 very ordinary baalneaa was reported in cotton fi innels, cotton 32,351 linings, corset je.-ins and satteens, white goods, fancy table damasks, eto. 8<!asonable prints and ginghams w^ra slow, bat 7,44'6 a good business in fall styles of the latter was reccrded, and a 3.952 fairly encouraging beginning made with the early styles in supply of grain, ooinpriHinx the stocks in f^ranaiy points of accumulation at lake and seaboard, at the Haw York HE CHRONICLE. I P. M., June 19, 1891. The weather during the greater part of the past week waa not favorable to an a'^tive business. The unusual heat preTailing until late Wednesday made buyers loath to exert themselves more than absolutely necessary, while Thursday, cooler but rainy, was not an agreeible day for making the rounds of the market. Even had conditions been otherwise, it is not probable that more than a quiet spot business would have been transacted, as the force of buyers in the city is considerably reduced in numbers from what it was two or three weeks ago. It is pretty evident now that trade will not develop to any extent until after " The Fourth." This view is confirmed by the fact that although the long-waited-for revisions of prices in bleached cottons have been made in some leading makes, buyers have Eot responded as expected, and orders have come forward in somewhat indifferent shape. The revisions are really proving a double disappointment. Agents expected them to stimulate buj ing at once, and buyers expected them to be more general and of reduct ion of )^ cent per yard might have met greater extent, buyers' ideas a couple of weeks ago, but with the heavy fall in the price of cotton since the 10th of the month they have been more expectant. Manufacturers say they are not benefitted in any degree by the decline, as the cotton necessary for their production is scarce and just as dear as it was a week ago. This is probably true, except for coarse-yarn brown goods but the condition of stocks of manufactured cottons is more to the point than the price of raw material at the moment, and so far as can be ascertained these are in the instance of bleached shirtings certainly by no means superabundant. The fall demand for domestics thus hangs fire, but for ginghams and woven wash fabrics it continues good, with a fairly promising opening in fall prints, so far as the demand for these has been tested. Reports from various sections of the country indicate a considerable distribution of seasonable goods, and except in some Southern States good fall prosWestern collections are in good shape, but continued pects. slowness in the South is causing agents to be somewhat shy of pushing trade in that direction. DOMESTIC CtoTTON GOODS. The exports of cotton goods from this port for the week ending June 16 were 7,775 packages, valued at |37 1,511, their destination being to tDv points specified in the table below: A (est) Total stock (pieces) 1890. 13. June 1 1. 1889. June 13, 450.000 437.000 None. 379.000 120.000 18,000 96.000 12,000 887.000 517,000 111,000 |3.000 — Domestic Woolbns. Beyond a limited number of duplicating orders for heavy piece- Ived woolens and worsteds, business in men's-wear goods has been of a trifling character. The tone of this department has taken on a tinge of depression not unmixed with anxiety, not so much owing to the prolonged dulness as from the effect of clothing-trade failures ancfthe suspension of a large woolen concern in Philadelphia, Agents are growing more exacting in the matter of credits, and from the above causes and the disappointing demand have withdrawn some lines of new spring goods lately placed on the market. Others who are showing new spring cassimeres make indifferent progress. Overcoatings, cloakings, satinets, doeskins and Kentucky jeans wore slow all week. Business in flannels was on a reduced scale, but prices rule quite firm. In all-wool and worsted dresj goods a steady demand for both seasonable and fall styles was recorded from da^ to day. Stocks are light, production sold ahead and prices firm. FoRBiON Dry Goods. —Business in imported goods was of indifferent character all week, buyers being just as disinclined to operate freely in this department as in the domestic market. Stocks are, however, generally in fair shape, current importations being nowise heavy, and in some aegree late irregularity in prices has been modified. Importation orders continue slow, but some new lines of fine men's wear worsteds have been shown by leading importers. Importations of Drr Oooda. of dry goods at this port for the week ending June 18, 1891, and since Jan. 1, and the same facta for the corresponding periods of last year are as follows: The importations n ft * ar^S P ; 5: 11: M 00 00 o eo . 20 Great Britain 7 Other £nropeaxi. ............ 6,724 China .. South America............... Other countries.............. • Total China, via Vanoonver Total * 2,607 62 166 584 50 4.245 14,496 1.256 36 450 7,775 4,292 60 119,266 12,915 57.841 20,398 7.835 132,181 4,292 78,239 50 649 i&i 19 1.561 11 611.392 h-tO ^^^^^ oV Tr)"Iu*xoto OO »0M OOM OM X CO O OS en CXO oo MMWMOS VoW«e» ~)-eQo-a« to 1^00 .-to i»- '-D a o^oax) aw^oofo to 01 w The value of the New 7ork exports in 1891, against since $3,;3.")l,:5r).5 MCd(Oe0l4 C3<:0 MM a'® 00;^ JO top QOXtOOU oscco,uta a _ 0:m " a » a^e0co-4 U' X c q> Kl<0 OD^IO O»M0DOW c;' 1." CM 00 OOP* F- CO CC CO Vt ML^cnaCff 00 to •! -to » «. XMM A^MUtO mOm,»M 82»m:3 ^ W3iMM 'a^to*»'j« ~»Ma>M<s -jVi»<BO KJKX wpooa-j u«otoo« ccto -» <Ott Moe*5«i ^_-]M^& 'OSOIOOO M* — (OCMIOC^rO oto UtCDCOXU 0>>— 00 OD»-J JW *4 01 January 1 hat e and drills waa quiet, •a»OC» in 1890. Business in staple cottons has been of but moderate extent in the aggregate. The export demand for brown sheetings and business on home account showed O to «W'*0» ifk>Kjc;cn^ ODi-' w:d sag ;;» C From New Enxland mill points direct. been 16,247,617 n M*.wioa9 00 CJ »-)0O»«J_ tObStOtOU 22 1^ to to 00 "J' ^cocooco to :o to 10 W0"»O3! 0»O(0M<. Id to 17,198 8,285 8,394 8,297 ) atOC0 4^0D )-• coco oco V K B e 3 82.891 95,073 2 3 «i 0X0^:0 <0 tCQO 955 i'6'2 India Arabia Hezloo 2,085 16,527 1,326 4.671 3,783 7,806 1,017 2,333 15,165 1,573 77.535 4.319 4,077 2,404 6.497 Africa Central America 209 50 723 I Si! c. to to MM 00» Week. ainee Jan. 2,153 5-j 180,036 229.075 16. Week. Sine* Jan. 1. .*: M MWO<fc^ CSCOXMM 14,586 1890. 1891. TO June M I* — NBW ToBK i Si #>> a to o ^ ^.OCOMJD ootv mI. l^E CHROiVICUi yto £mst [Vol. Ln. ^xnst ®0mixautjc5. <5/0mp»tiles. Union Trust Company United States Trust Co. grasl OPampantes. The OF NEW ¥OBK, 80 Broadway, New York. 45 and 47 Wall Street. $1,000,000 CAPITA li, . • 3,750,000 CAPITAL AND SURPLUS, - 89,000,000 SURPLUS, > . AND ... Anthorlied to act as Executor, Administrator. Goardian, Receiver, or Trustee, and is A LKGAL DBP08IT0KY FOR MONBT. Acts as Trustee of niortKaues of corporations, and accepts the transfer aKSncy and reKistry of stoclis. Allows interest on deposits, wliicii may be made at any time, and wittidrawn on live days' notice, witli interest for the whole time they remain with the company. For the convenience of depositors this company also opens current accounts subject, in accordance with its rules, to check at si^ht, and allows interest npon the resuItinK daily balances. Such checks pass throuKh the Clearing House. Attends specially to the MANAGEMENT OF REAL ESTATE and to the collection and remittance of rents. makes ample provision It NEW BUKOLAK AND ll.Van Rennsl'r Kennedy, James H, Ogilvie. Whltewright, Henry A. Kent, James R. T. Wilson. Wm. T. Woodward, George A. Jarvis, F. Husseil, C. D. Wood. James N. Piatt, C. Vanderbilt, D. C. Uays, Wm. Alex. Duer, Charles H. Leland. Bdward King, Q. li. Williams, B. G. Remsen. A. A. Low. Edward Parker, Samuel F. Barger, K. B. Wesley, EXECUTIVE COMMITTEE Wm. Whltewright, C. . G. G. Williams, B. B. Wesley, C. D. Wood, Ilays, C. James T. Woodward. KING. President. CORNELIUS D. WO0D.)„,„„ „„.,..„„.. Schell, Magoun, EDWARD Vice-Presidents. JAMBS H. OGILVIE. AUGUSTUS W. ELLBY. Secretary. i 14 J. V. B. THAT BR, Assistant Secretary. Knickerbocker Trust Company, a34 FIFTH AVE,. COR. 2rTH STREET. Branch olBce. 18 Executors, administrators, or trustees of estates, and WOMEN unaccustomed to the transaction of business, as well as religious and benevolent institutions, will find this company a convenient depos- money. JOHN A. STEWART, President. GEO RGB BLISS. Vice-President. JAMBS S.CLARK. Second Vioe-Pres't. TRUSTEES: Wall St. Wilson G. Hunt. Jno.H. Hhoades, Wm.Rockefeller. Clinton Gilbert. Anson P.Stokes. Alex. E. Orr, Daniel D. Lord. Geo. H. Warren. Wm. H. Macy.Jr.. Samuel Sloan, George Bliss, Wm. D. Sloane, James Low, Wm. Llbbey, G. 11. Schwab. Wm. W. Phelps. John C. Brown. Frank Lyman, D. Willis James, Edward Cooper. Geo. F. Vletor. John A. Stewart. W.B'y'dCutting. Wm. W. Astor. BrastusCoruIng, Chas. S. Smith. L. THORNELL. Secretary. LOUIS G. AsslsUnt Secretary. HENHY D. H. McAlpin, Geo. C. Magouu. George B, Carhart, W. Emlen Hoosevelt. Chauncey M. Depew, Edward INTEREST ALLOWED ON DEPOSITS, which may be made at any time and withdrawn after five days' notice, and will be entitled to interest for the whole time they may remain with the company. itory for HAMPTON and S Nassau The Nassau Trust Co. 101 Broadway, Brooklyn, N. Y. CAPITAIi $500,000 Deposits received subject to check at siRht, and iutcrcHt allowed on tbe resulting daily balances. Certificates of deptisits issued for time deposits, on which specini rales will be allowed. lutereMt coiiiiiieiices from naie ofdepoiiic. Authorized by law t(» act us Executor, Administrator, Committee, Guardian, 'Jrustee, Receiver, Fiscal and Transfer AKent and as KoKtstrar of Stocks and Bond!-; is a legal depository for Trust Funds and for moneys paid into court. Loans made on appruved collaterals. Will take entire charjfe of securities during absence or otherwif-e of owner. Checks on this Company are payable through the New York CleariuK House. A. D. WHEBLOCK. President. WlLLIAV DICK, i-rr,„„ d « ., JOHN TKUSLO^V-. VIce-Prest's. RICHARDSON. Secretary. f O. F. TRUSTEES St. CAPITAL, AMD SURPliUS, • Sl.OOO.UOU DESIGNATED LEGAL DEPOSITORY. Acts as Executor or Administrator of Estates, and as guardian, Receiver, Registrar, Transfer and Financial Agentfor States, Cities, Towns, Railroads and other corporations. Wm. Dick, A. D. Baird. F. W. Wurster, Joel F. Freeman. Chaa. H. Russell, Bernard Peters, Darwin R.Jame8, Wm. E. HorwUl. Edward T.HuIst, H. H. Roeers, Joseph F.Knapr,Jno.McLouBhlln. B. B. Tattle, Jno. T. Wlllettp. A. M. Suydam John Truslow. John I.oughrar, Wm.E.Wheelock Thos. F.Rowland. Wm. F.Garrisoi O. F.Uicbardson. Dltmas Jewell. A. D. WheeloO JOHN P. TOWNSKND, President. CHARLES T. BARNEY, Vice-President. JOSEPH T. BROWN. 2d Vice-President DIRECTOB.S: Brooklyn Trust Co., . esxPH S. AuBRBACH. Hon. Ira davenport, Harht b. HOLL1N8, John s. Tilnky, 17r and 179 Montague St., Brooklyn, N. Y. Jacob Hays. Hun. Edwahd v. Lokw CHARLEa T. BARNEY. HENRY F. DIMOCK, , The A. !• 08TER UlGGINS. ROBERT G. KeMSKN, Henry W.T.Mali, Andrew H. Sands. JoHN P. TOWNSKND," CHARLES F. WATSON, David H. Kino, Jr.. Frederick G.IBourne, Kouekt .Maclay, James H. Breslin, Charles U. Welling. Waiter Stanton, Gen. George J. Magee, C. I^a whence Perkins, I. TOWNSKND Burden, FBED'K. L. BLDRIDGE, Secretary. J. HENRY TOWNSEND Assist. Saoretarr Holland Trust Company. NASSAU STREET, NEW YORK, NO. 33 Capital and Surplus 81,000,000 ALLOWS INTEREST ON DEPOSITS. Accepts and executes any legal trusts from per- ons or corporations, on as favorable terms as other Imllar companies. Acts as Eiectjtor. trustee and Guardian, under wills for the fixed statutory charges also as Registrar. Trustee, Transfer and Financial Agent for ; Estates, Cities, Railroads, Towns, and other corporations, and for Heal Estate Mortgages with in New Ycrk, Brooklyn and elsewhere. Collects Rents. Coupons and Dividends. Coupon Bonds TRUbTEES. Van Allen. Warner Van Norden, James B. Van VV oert, Q. Van Nostran,". John R. Planten, garret A. BenJ. (. Vosbuigh, Joseph 8. Stout, Hoesen. William Remsen, John D. Vermeule, 9S9.-.™- Y.*" John Van Voorhls, CAPITAL C.W.Hutchinson, Tunis G. Bergen, Robert B. Roosevelt, >' pomtlon mortgages. Executes orders In all classes of investment securities. Guarantees Letters of Credit issued to travelers. C. T. Ctaristensen, Pres. Jas Ross Curran. Sec. Abram B. Baylis, V.-Pres. Fred'kC.Colton.A8»'tSec. Joslab 0. Low. Alex. M.White. A. A. Low, Mich'lChauncey. Wm. B.Kendall. GEO. W. . WASHINGTON TRUST COMPANY S"P)"»----- W New York. 81,000.000 700,000 Designated as a legal depository by order of Receive deposits of money on M. MORRISON, Praident. CHARLES F. CLARF. Vice-President. FRANCIS H. PAGE. Secretary. M. S. LOTT, As»istant 8'2,0(I0,008 Surplus and undlTtded proflts... 1,30U,0U0 93,300,000 W. DOANE. President. P. L. YOB. Vice-President. ORSON SMITH. Second Vlce-President.1 F.C.OSBORN, Cashier. F. N. WILDEB, Assistant Cash er. J. TRUSTEES. MA RSHALT, J. W. DO » NB, P. YOB JOHN I)E KOVBN, GEO. M. PULLMAN. AI.BEUT KBKP, A. H. BURLBY, JOHN TYKKKLL. B. T. WATKl.NS, LAMBERT TREE, BRSKlNo; M. PHELPS. OHSON S.MITH. Banking in all its Branches Transacted. C. FIELD. U. MCCORMICK, 1,. Foreign exchange bought and sold. Travelers' Letters of Credit and Commercial Credits issued, available in principal cities throughout the wo. Id. C»b'e tranaftrs made. J. G. ORCHARD, Mgr. Foreign Dept. OLD COLONY TRUST COMPANY. BOSTON, MASS. Capital . - Surplnti, . $1,000,000 00 600,000 00 . • Transacts a General BanltlnK Basiness. Allows interest on daily balances subject to check. Agent In Financial Traueiactlons. Trustee under mortgages. Transfer Agent, Regstrar. BOARD OF DIRECTORS. T. Jefferson Coolldge, Jr.. Pregident. Frederick L. Ames. John F. Anderson. Martin Brimmer, George F. Fabyan, John L. Bremer, T. JeHerson Coolldge. George P. Gardner, Francis L. Htgginson, Henry S. Howe. William P. Mason. Laurence Minot. Henry R. Reed. Walter Hnnnewell. George Von L. Meyer. Richard OIney, Lucius M. Sargent. John I. Waterbury. Nathaniel Thayer, Stephen M. Weld, T. Henry C. Weston. JR. President JEFFEESON COOLIDGE, C. 8. TUCKERMAN, Secretary. TBVaTEE S: P. c. Lonnsbary. Charles F. Clark. Henry 11. Rogers, Charles H. Kussell, George H. Prentiss. Joel F. Freeman, L. T. Powell, George L. Pease, Wm. II. Hall, George E. Hamlin, Theo. A. Havemeyer. Seth E. Thomas. Lucius K. Wilmerdlng. George A. Morrison, Joseph C. Baldwin. B. C. Homails. William Lummis. John Interest, act as fiscal or transler agent, or trustee lor corporations, snd accept and execute any legal irnsts from persons or corporations, on as favorable terms as Other similar companies. Thomas Hllihonse, Pre«. Fred'k D. Tappen. V.-P" Jesup. 8d V.-Pres. Beverly Chew, Sec'tarv, HkliJeorge D. Coaney. Assistant Secretary. INTEREST ALLOWED ON DEPOSITS. F. Manhattan Trust Corner of Wall and Nassau CAPITAL, Co. Sts., M. T. 81,000,000 DIBEOTORS: French. N. T. H. W. Cannon, N. T. R.J.CroBS. N. T. John R. Ford.N.TI H. L. HIgginson. Boston. T.J. Coolldge. Jr.. Bos. August Belmont. N.Y. James O. Sheldon. N.Y. B. D. Randolph, N. Y. A. S. Rosenbaum, N. Y. C. C. Baldwin. N. Y. Bam'l R. Shipley, Phila. Chas. F. Tag, N. Y. R. T. Wilson, N. Y. Marshall Field. Chicago. J. I. Waterbury. N. T. H. O. Northoote, N. Y. F. O. F. O. French, President. J. I. Waterbury. V.-Pr««. A. T. French, Secretary and Treasurer. ALLOWS INTEREST ON DEPOSITS. KXB. CUTB8 TRUSTS OF BVBRT DESCRIPTION. REGISTRAR AND TRANSFER AGENT. Henry 0. Swords, President. Hermann H. C.\.mmann. Vice-President. UENHY W. REiaHLEV. Anderson, Jr., This Company Is n lecal depository lor Court and Trust Funds and Is autborlzed to do any and all other business nsnaily done by Trust Companies of responsibility and slandinff. Tho.mas H. Terry. Real Estate OBcer. JAMES M. VARNTIM, Secretary. Counsel. IReal lEetate Xoan S. Zvmt Co** OF XBW-TOBK* Secretary. Supreme Court. C^. 1857. Caplial (paid In) S300,000 S430,0OU Joseph F. Knapp. David M.Morrison, Metropolitan Trust Co. 3T and 39 Wall Street, C. D. THE . VAN SICLEN. Secretary. Paid-up Capital TliUSTEES. Fred. Cromwell, J.J. Pierrepont. P. RoUe. C. M. Pratt. H'T K. Sheldon. Qeo.G.Reynolds. Wood. S. W. Boocock, Wm. H. Male. John Qibb, B. F. Knowlton, Abram B. Baylis Q. W. Chauncey. John T. Martin. H. W. Maxwell. C.T.Christensen. DAVID Daniel A. Heald. WashiuKton Streets John 8UIIPL.U8 W. J. Arkell atid ESTABLISHED »1.000,000 at fixtd dates. It is authorized by special charter to act as Exector. Trustee, dminit-trator. Guardian. Keceiver or in any other position of trust. As executor of estates it secures a safe, prompt and advantageous distribution of the saa^e. It Is a designated depository for Court monies and acts as Ueglslrar or Transfer Agent of stock and bonds, and as trustee for railroad or other cor- ROBERT B. ROOSEVELT, President. JOHN D. VERMEULE, „' „ _ JOHN R. PLANTKN, J Vice-Presidents. , \ This Company allows interest on Deposits, which may be made subject to check at sight or returnable CAPITAI, Chas. P. Daly, Jotham Goodnow, Augustus Van Wyck, CHICAGO, Corner Dearborn Capital and Surplus exceeding; $ J, tJSO.OOU of the city of new york. Stewaet Building, 380 Broadway. W. W. Van Voorhis, Geo. W. Van Siclen, ( l2I,nenU°at''iaV } Company Bank, Trust a legal depository for moneys is authorised to act as guardian Schell. Amasa J. 2eo. paid into court, and in its TBDbTBBS is or trustee. FIRE PROOF VAULTS for the safe keepimr of securities placed in its custody, on which it collects and remits income. Wm. This company Loan Merchants' OF NE1V YORK. Mutual Life Biiilalns, 30 KaiiHau St* Capital S500,000i Surplus. ...S330.00» This company would be pleased to receive and Applications for Appiaisements^ wouM like to draw attention to this feature of its l)iisiiiess. The appraisements being made by the Committee, Ileal Estate conslslfcig of Horace S. Ely, Chairman, Joseph Thompson, Dou^.'la-s Hobinson, Jr., H. 11. Camniaim, and the Ileal Estate Oflieur, Thomas H. Terry, The feature of appraisement by this Company is^ tliHt the valuations are the result of combined judgment of five real estate men. Utauk forms of application f uruiuhed.