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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATKa
NEW
VOL. 3a
YORK, JUNE
l^irmuciixl.
l^timttcial.
I^ittauclat
jAMn
AMERICAN"
DIA MONDS.
BBOADWAT, NEW YORK.
Itll.lo«»ci 1, ;ll,lld ir».-..
Incomoratci nadcr Laws c: EUts of Kew Tori, 1868.
No
AUn
&
Alfred H. Smith
1879.
PBINTKRfl OP
Kcoricttiilei'd
ENCiliAVKItS
Co.,
IMPORTERS,
BONDS, POSTAGE & REVENUE STAMPS',
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES; and for
182 Broadway, Cor. John Street
ENORAVINO AND PRlNnNG,
BAN'K NOTKS, SHARK CKKTIFICATE8,
GOVKRNMKNTS
FOR
Memben
AND
the duefit and ukust artUtic style
FROM
With
sjcc'.il
Special p:pei3
STEEI, FLATKS,
nanufaotuted eiolusively
for
use of the
SAFETY PAPERS.
SAFETY COLORS.
Work Executed in
Fireproof
Btiildin{>:s.
LITNaCRAPHIC AND TYPE PRINTING.
ALBERT G. GOODALL, President.
VICE-PRESIDENTS
J. MACDONOUGH,
A. D. SHEPAP.D,
W. M. SMILLIE,
TOURO ROBERTSON.
RANKERS,
€or, Thlril and Cbentiint Sta««
PHILADELPHIA.
Investment Securities.
Private wtre to N ew V ork, Baltimore and other plaoes.
R.
:
PoTTZR,
Pres't.
J.
BOBKRT J. KiMBALI.
W. Work. Cashier.
Maverick National Bank,
BOSTON.
CAPITAL,
SUKPl,i;s,
.....
.
9400,000
400,000
coounui of Banks and Bankers sotlolted.
(-k>Ilectlona made upon favorable terms.
Qovemment Bonds bought and sold.
Thomas
A. VrsE.
W.
E. D.
New
York.
New York
ALrKKU
&
A. Kohn
J.
B. LOITNSBKBT.
and
A
17tli atrcet.
Gilder
BROAO
33
&
ST.,
and Kami MiirtmMiea. baartng > to H pareant unaiaac
WESTERN raVNICIPAL BOND*
niRAH Dewing. Clark dbwimo. k. t. BoNTaooc.
(Member of New York Stock Uxobaiitfe.)
Stocks and Bonds Boufrht and Sold on Coramlaaton.
Accounts received and Interest allowed on baJlances, which may be checked for at slsbt.
No.
H. L. Grant,
14fi BROADWAY,
BOUOUT AND SOLD.
CoLi,J.TcrRNCU,
C.
C TnmiB, Member N. T. Btook Kze^
14
A
15
PriTate TelemphAVire to Albany, Troy. OjisMiie^
Rochester. Utioa. BaAilo, Cleveland and Chleairo.
Orawon City Bitnko London In amounu to saiu
Special attention given to SectirlUas for Inv—
i.
Un—
Simons
S
16
NKW
A:
jAB.T<nurBH.
&
Co.,
BANKERS AND BROKERS,
18 Broad Street, Now York.
B.
ASIBU
L. 8.
KKANKCMHIIitBR, M. SSLISMAJI,
.>
embers N. Y. Stock Itrnhaiif
Asiel
&
Co.,
BANKBRS AND BROKERS,
No. Bl
KXCHANGM PLACB.
ADOrBTUS NAXaAM.
John Ponuib.
Pondir
stocks.
&
Co.,
Bonds & InTestment Secnritiw
EXCHANGE PLACK,
ao
N. Y.,
Orders exeented on the Londoa and
market.
WH.U. KAHUMamD.
A.U. Dattom.
A. H. MCRB.
M. Y. ttt'ak
&
Earl
kz. u. u. nATXtm.
Dayton,
RANKERS AND BROKERS,
TO
W
OHBXEL BUU.DINO.
Now York.
IIT0CK8
AND BONUS BOUURT AND SOLD
BTHICTLY ON COMMI88I01I.
Walrun
SpMlal.
Turner
8T.
HALL BUILDIKO.
Chew,
ExchanKeCoart&52 Broadwar,»
raBD. A. Baowa.
U. Bmowh.
Bbukkt
N B.LiM8LaT.
HTOOiCS, BONDS, GRAIN AMD PROVIBIONa
bonabt and aold In Naw York and Chlaaco market*
Prlrate Wire to Troy.
Boonrttlei ounad on muttlB, lBt«rwtpald?rb»luow
&
Stocks,
(
Sea qnntatloiu of Cltr Ralhoadiln thia
J.
N. v..
i
as
CITY RAILROAD >TOCKS & BONDS
New York.
80 BROADWAY, A 5
OpfKMlte Stock RzobanKe.
NEW TORK«
PINE STREET,
(Members New York Stuck Kxchamte.)
AcoouDta of Banks. Rankers and other*
Interest aUowed on Balanoee. A strictly Ooi__
Boslneaa In the purchase and sale of stocks aatf I
Co.,
Korciirn KxchanKC. Bonds. Sti^cks and Miscellaneous becurlties butiKlit and sold on cuiuiuiiijiiun.
JCT-ins A. KoH>f. David Ocng. moritz Ochs,
Memb. N.Y. Stuck Ex.
Memb.N.Y. Stock Kxcli.
Memb. N.Y. Stock Bzch.
STOCK BROKER.
Lansdale Boardman,
Bishop,
BANKERS AND BBOKSB8,
No. S5
NBVV YORK.
RIN8SII.AIH WB8TON.
&
i
T.
Bonds and U. 8. OoTemmaot Sacontlea
Koiuht and Sold on Commliaion.
BITBRLT CHBW.
JA8. D. SIHOHS,
Member N. Y. Stock Bzehaoca.
Member N. Y. Produca Kxehaiiia.
TIIVKER A WESTON,
BANK£ii8 AND BKOKEU8.
No. 2 BXCHANOE COVRT,
SEW YORK,
Hamilton
maUad oa
19 Broad St.,N. Y., KIlIlsBuUdlne,
Transact a Oeneral Banking Bnsincss.
BANKERS AND BROKERS.
atsvr
BOUOllT AND SOLD.
Iroalara with fall particniara
(
STOCK BROKERS,
Farr,
fi^W YORK.
Intoreat paid on Halancc.'*. Sccnritio« carried on
Murgiii. Guvernmeni Hoiids and other liiTeatment
Securities bouubr and sold on ci>iuniiH»on. Special
attentiuu tu ordcm by nuiil or telegraph.
TRUV,
York,
TRANSACT A OENBRAL BANKINO BDSUC
^^
AND BUY AND
^j^jl HELL
SELL INVWrHlDtT
IN
SECUBITlEg.
IBITlEg.
Have oonatantij
oonatantlj on nana
band and lur sale waa
Waat ara
am CKt
Y. Stock Exchanf^e.
Brojulwa.r & 7 Exchange Court, N. Y.
Branch Office at the Everett House, Union Square
31
BANKERS,
New
VySE,
.5(!
KtAM
BANKERS AND BROKERS,
H. Dewing & Son,
V yse & Son,
AND BROKERS,
BACKERS
BANKERS AND BROKERS,
No. 18 Wall Street, New York.
Member N.
T.
Co.,
No. 33 Naaaan Street
Co.,
J.
BANKERS AND BROKKR8,
No. 18 urall Street,
THEO. H. FREELAND, Sacty.
P.
&
Kimball
Seventeen Years' Membership In the
Stock Exchange.
STAYNER, Treas.
ASA.
Co.,
Deposits received subject to check at alclit, and
Interest allowed on dalW balaaoea.
Stocks, Bonds,
bought and sold on oanimlaalon In
Philadelphia and othAr cities
PartlciUar attention tflven to Information reRardlnff
RAILWAY TKKFTS OF IMPROVF.D STYLES.
Hhou Car(i», LulieiM, Cuieiidars.
BliANK BOOKS OP EVEKT DE3CE1PTION.
H.
&
JOBK
&
George Stark
Ac
^npany.
3.
W.
S.
safeeuarlj to prCTOst COCNTEEFEITIJICI.
Boj and sell on eommlaalon all claL. of Kallma.
Seenrltlesialso Uraln and Pmrlalona.
Private Tolwraph wires tu Philadelphia, Wllmlaa.
ton, Kaltlmore, Waahlncton, Bridcaport, Naw Uavan.
Boston and Pittsburg.
N. r. and Phlladelpbla Btook Bxcbaacaa.
L. H. Taylor
CORPORATIOXS, nKAFTS. CHECKS,
BILLS OF KXCHANGE, STAMPS, *c.,
ill
Prince & Whitely,
84 BROADWAY, NBW YORK.
aiOBOK 8TABK.
Foreign Governments.
BONUS
WniTiti.r,
IL Cif'
IIAUHT C. UKIA.V.
MAT"
IlENUr II. IH>nOB, Waahir
WH. R. Tkavbhs, Hpedm
.
Bank Note Company,
142
NO. 99L
21, 1884.
p.
Bm>wk.
Walston H. Brown & Bros
BACKERS,
NO. 90
ASSAV VniKBT,
NRW YORK.
If
W. H. Goadby
&
Co.,
BANKSBS AND BROKKRS.
No.
•
WALL STRBBT,
N.w
York.
:
}
:
THE CHKOJVICJLK
^0r«ifltt %xchn^nQZ»
&
Morgan
Drexel,
^utrjeiflti
HoJSi South Third Street, 31 Boalerard Hanssmann,
Securities
Deposits received subject to Draft.
bougnt and sold on commission. Interest allowed on
Deposits. Foreign Exchant^e. Commercial Credits.
Circular Letters for Travelers,
Oable Transfers.
Available in all parts of the world.
Issue Travelers' Credits, available in
world, throufih the
STREET,
No. 69 IVAIil.
AND
BUT"
Co.,
N.
IT.,
B£LIi
BILLS OF SXCHANGE
ON GREAT BltlTAIN AND IRELAND, FRANCE
GERMANT, BKLGIUM, SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND.
Issue Commercial
AVAILABLE
And In
IN
& Travelers'
Credits
IN STERLING.
ANY PART OF THE WORLD.
on California, Europe and Havana.
DRAW ON
THE UNION BANK OF LONDON:
BRITISH LINEN CO. BANK, LONDON AND
&
&
Stuart
Co.,
J.
NASSAU STREET.
BILLS OF EXCHANGE ON
PAYNE
& SmiTH'S,
RIANCHESTEU & COUNTY RANK,
sniITH,
Brancb
Office, 320 Broadway.
Connected by Private Wire.
Alexander Barino,
Member N.
Y. Stock Exch.
&
Kennedy l^od
Ofler Investment Securities.
Buy and soil bonds, stocks and securities in all Am-
IHEI,VI1,LF.. EVASf*
CO.,!,LONDON.
..Kliniv
V. J. IIASIBKO A- tiOK,
t
;
ULSTER BANKING COMPANY,
BELFAST. IRELAND;
AND ON THE
NATIONAL BANK OF SCOTLAND,
erican, ('anadian, British
&
ALSO,
OABLE TRANSFERS AND LETTERS OF CREDIT
LONDON
NEW YORK
PARIS;
S^S." tfcJil^cfV.I'HOS B. DAVIS. W. G. H. U«ATH.
William Heath & Co.,
BAKKERS AND BROKERS,
No. 80 Broadnrar, Nenr York.
Members of New Yoric Stock Exchange.
POBEIGN EXCHANGE. CABLE TRANSFERS.
H^th &
it Tbroieiuorton Ave.,
T)raw Bills of Kxchange and transact a Reneral
flnandal comniisaloii business. l*articn)ur uttentiou
given to AmericHU hccuritles.
&
William Heath
No* 19
Rne
Co.,
Scribe, Parla.
Orders solicited for London and American markets
(or investment or on margin. liailwiiy, Stutti and
Loans negotiated.
&
BOSTON,
^k
CO.,
LEXANDERS
4c
CO.,
ClHCimAR NOTBS AND CRKDITS
Schulz
York.
CABLE TRANSFERS, BILLS OF EXCHANGE
AND
Cumhkrcial and Travelers' Credits.
&
TKAVKUIRS.
Ruckgaber,
BANKERS
WILLIAM STREET, NEW^ YOBK
(Limited) Loiidou.
Ueroiiberg, dossier
Ilauiburg.
& Co.
RAILROAD
allowed on
Bonds.
Private telegraph wires to Providence and Boston,
TAINTOR.
a. HL
GEO. H.
L'HUILIER.
16
&
Sistare's
18 Broad Street,
HOLT
Sons,
New York.
IN
FIRST-CI.ASS INVESTMENTS.
Buy and
Sell
on CommlsR'.on, for cash or od nmrthe New York Stock
Kxch&nge.
Interest iiitnwed on daily balaucet*.
All deposits snbject to check at siKht.
Wood, Huestis
KOUNTZE BROTHERS,
BANKERS,
WOOD
120 BRoA7>WAy. Equitalilo BnlldtDg.New York.
LETTEKK OF CKEItlT AND
IKt'l- LAK NO'l'KS
i
I«.uert for the u»« »,l tniveiHrH in all parts of the
w..rla.
Kills drawn ,»n tli*- Lnlon Bank nl London.
Teleiirapliic triuir-ters niadu to London and To v>irtou»
places in tlie United states. liepoHii^s rectfived subject to check iit nifcTlo, i*n<l triterent alloned on balr
ances. Uoverniuetit and .>ther btinds and investment
ttocurtties bought and sold on (.onimisslffn.
3\
FINE
DUALKEs IX Foreign Kxchanok, Gotkknmini
ANn OTHER INVESTMENT KONnS.
STIUILINU LOANS A SPECIAl/I'Y.
64 Vtall St. and aH Ureene »>t., N. Y.
Buy atid sell on commission, for Investment or on
all securities
J.
dealt in at the
G0ADI5Y &
H.
B, E.
JOINT AGENTS
New York Stock
WALKER,
BUY AND SELL STEKT,I.\(; EXCHANGE.CABLB
TRANSt'KKS, ETC.
ISSUE COMMBIKIAI, CREDIT:*, A VAILABLE
J.
ALL PARTS OF THE WORLD.
W.
27
&
Wilson
29
BEAVER
NEW
Bills of
&
&
Co.,
NEW YORK,
SnCCESSOBS TO
&.
DAVIS.
Execute orders In all securities listed at the New
York Stock Exchatlge. For Sale,
F1R8T-CLAS8 RAILKOAD FIKST MOKTOAOK BONDS
OEOROB C. WOOD. C H. HUBSTIS. L. M. SWAN
Fred. H. Smith,
BROAD ST., NE^V YORK.
STOCKS, BONDS AND I'ETROLEUM
No. 20
and Carried on Margins.
Intimate knowlodge of
all railroads for past twentj
Parties desiring to buy or sell unquoted sedo well to communicate.
K. n. Smitu. Members N. Y. Minlnsr A National
S. W.S..,ITlI,i
Petroleum KxcuauKc.
years.
curities will
*
Randall
&
Wierum,
60 EXCHANGE PI>ACK,
Brokers in Railroad Stocks and Bunds,
BOVEBDfMENTS * FOREIQS t:X<JaAN0K
CHAS. K. UANl.ALL,
OTTO C. WlIRUM
Veniher N. Y. stock Ezchan.fe.
Cunudian Bank of Commerce,
16 EXCHANGE PLACE.
IN
ST..
BANKERS AND BROKERS,
Boxuclit. Sold,
&
TIc'Ksrs. Marcuard, Krauss
Co., Paris
<'ommeroial and Travelers' Credits.
iiills of Kxchange.
Cable Trau»ler».
INTEREST
GOVERNMENT, MUNICIPAL ano
B.4BIN« BROTHERS & CO., London
PERIER FRERES & CO., Paris.
MENDELSSOHN & CO., Berlin.
COKKESPOXUKNTS OP THE
Interuatloiial Bauk of Louttou
.TIcKsrs. Joliii
received and
sell
Particular attention to orders hy mall br telein^pb
CORRESl'OX VESTS;
LONDON.
FOIl
Bur and
«ln, all securittefl dealt in at
Exchange.
KTBKLING OUKyUES AND BILI.S AT SIXTY
DAYS' SIGHT ON
DEPOSITS
oalances.
DEALERS
New
FOREIGN BA]%KERS,
margin,
PARIS.
Holt,
WALI, 8TKEKT. NEW VORH.
TRANSACT a QBMBRAL BANKING business.
5IASS.
Cor. Wall and >assau Sts.,
of
OHBOUBS AND CABLE TRANSFERS ON
u
10
f»o.
Geo. K.
,
Ungcr 8c Co.,
BANKERS
AN1> BKOKEHS,
Co.,
Members
the New York Stock Exchange,
No. 32 Nassau Street, New York,
No. 4 Post Office Square, Boston.
lOUNROE
& Co
Kidder, Peabody
Chas.
John Munroe
of the N. Y. Stock
and Mining Exchanges.
Taintor
G. D.
OVENS & SON, AniSTERDAIU.
HOTTIN«CEK & CO., PARIS.
Co.,
Loudon, Kns«
Members
1
II.
EDINBURGH, AND BRANCHES;
William
I
DiPKiNaoN,
BANKERS,
Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in poundn sterling J^ dollars.
am
••LIMITED!"
LONDON
Walcott,
Frank F.
Co.,
and l>utch marliets on commission. Collect, dividends, coupons and foreign antJ
iului.d Drafts.
Sell Bills of Exchange on
IN
Jos. C.
WILLIAM STREET,
BANKERS, LONDON;
MANCHESTER, PAYABLE
Co.,
stocks and Bonds bought and sold on Commission.
Orders received in Mining Stocks, and In Unlisted
Securities. Collect ions made and Loans Negotiated
Dividends and Interest Collected
Deposits received subject to Draft.
Interest Allowed. Investment Securities a Special!
We issue a Financial Report Weekly.
BANKERS.
33
&
BANKERS AND BROKERS,
No. 24 Pine Street, New York.
Transact a General Banking BnsinesB
SCOTLAND.
Act
Berlin.
^xa^i^xs.
C. Walcott
J.
Francs, in Martinique and Guadalonpe.
No. 63
kuA
ganfejers
;
Canada, and of Drafts drawn In the
United States on Foreiirn Countries.
^9
ALTMAN4STBTTHKIMBR,
In any part of Europe, Asia, Afrtoa, Ausvalla and America.
Draw Bills of Exchange and make TelegrspUc
Transfers of Money on Europe and California.
Parable
CO.,
York.
Accounts and Agency of Banks, Corporations,
Arms and Individuals received upon favorable tenus.
Dividends and Interest collected :ind remitted.
Act as affents for corporations in payl.i./ coupons
and dividends also as transfer iiKenta.
Bonds, stocks and securities bouKht and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and (^able Transfers bought
and sold.
idAKETEliEbRAPIIIC TRANSFERS
OF MONEY
THIS AND OTHER OOVlfTRIES.
lUAKE COI.I.ECTIONS OF DRAFTS drawn J.
abroad on all points In the United States and
RROAD STREET,
Nenr York.
Issue Letters of Credit for Trarelers,
On SELIGMAN BROTHERS, London,
SELIGMAN FREHKS & CIK.. Paris,
8EL10MANA STKTTIIBIMER, Frankfurt.
ALSBERG GOLDBERG, Amsterdam,
Co.,
JESUP, PATOSI &
62 William Street, New
BSTWEEN
*
&
SUCCESSORS TO
KiiTNiDT Tod.
H. O. NORTHCOTI,
rtty
parts of the
and their C<»rre8pondent8.
John Paton
BANKERS,
No. 23
Street,
all
&W.Seligman&Co.,
Co., J.
Also Commercial Credits and Transfers of Money
J.
J.
^oveiQu ^xchmiQZ,
MESSRS. DE ROTHSCHILO,
mORGAN
8c
and 21 Nassau
Nos. 19
Attornbts and Aasirrs of
ic CO.,
MeMrs. J. S.
No. 22 OLD BROAD STREET, LONDON.
Brothers
&
BANKERS,
PHIIiADELPHIA
PARIS.
BO'XESTIO AND FOREIGN BANKERS.
Brown
%xchnnQ&.
Co., August Belmont
street,
cokner of broad, new york.
Drexel.Harjes & Co
Drexel & Co.,
jvaiaIa
XXXV 'U.
[Vol.
Co.,
ST.,
YORK.
ExchauKe and Letters ot
Credit on Mexico.
Howard
Lapsley
&
Co.,
BANKERS AND BROKERS,
No. 24 BROAD STREET,
New York.
A. E.
Bateman,
Memb.N.Y. Stock Exch.
DODOLA88 ORBEir,
Memb.N. Y. Cotton Bxoh.
QREEIV & BATEMAN,
35 WALL STREET, NEW YORK.
Stocks, Cotton and Foreljcn Ezchance
Private Wire to Washington.
CO., WA8HINOION. D. C.
BATBMAN &
'
JUNB
THE CHRONICLE.
1884.]
31.
Uunlicvs an A BroTicrs.
and ^volMXt,
|5anlicv3
B8TABLt8UU>
IMS.
BANKERS AM) BROKERS,
WALL ST., NBW YORK.
&
Mahoncy
F.
Co., J. Nu.
&
John H. Davis
WALL
i;>
Co.,
Til
IITKEET,
Railway Share Trust Co.
IIR.Vt.EUH IH
No. 17
Member. of Now York A I'hlUdelphlaBtook «»(*•»«•
(LIMITSD).
INVESTnCX'T kCCt'RITIEH.
PrtTBt* tolouniphUi rtunmunlcHtlon with th« mafb
oluua
All
of
CItr.
BAIfK BOILDIK**,
IT*. 4
Town and Hallwar Boada
IMilliidelphlii iinrt Kiiltlinore.
kataof
tiiid other Mm^urltle. bouiiht und .old, ON
In iinjr market.
StiKka luicl Donda purohaaad for luTeatment or euw
ried on iuuri/ln.
KOKKKi.V oKDKHS, either by Cabls or mall.
Hallwity
lK>u«ht and aold.
LONDON, E.NULAND.
COMMI^SI<>N ON I, V.
receive
ei»po<'lal
attention.^
DKALKR8
Stook Kzohanne.
Intereat allowed on depoalte rabjMt to eight draft.
C. B.
OALDWBIi.
K. C.
IIPMBCKT,
IjANBINO C WA8HBCKN.
Mem ber N. Y. Stock Kichange
CHA». J Towwan Kn.
.
Member N.
John J. C.
Daun.
Son,
&
R. A. Lancaster
Co.,
and
Thia Companr ondettakea the
Banking Bnatneaa, boj
to I.a*na of
Seeoil-
Hembera New York and Chicago Stock Exchange-
New York Mining
alao
&
Rolston
Bass,
ter of
pajmeota of Intereat oo
or HeglatraUoD of, Blocka In Londoa, or
BANKERS,
BROAD STREET, NEWT YORK.
Bonds and Mlaoelhuieoua Secnrltlea.
Correspondence Solicited.
,
^ _
Ouotatlona eheerfnily fnmlahed.
&
Hatch
Southern Securities a Specialty.
BANKERS,
OMe
We make U. 8. Bonda and
Foote,
TBI
Railway Debenture Trust
inrestment Secnrttleea
and IIONDS
We transact
COnPANY
BA.NKINO business and ALLOW INTKRKST on DEPOSITS. Branch otBcea, connected bj
Bgeneral
prirate wire, Norwich, Conn.,
No.
and Boston,
&
R. T. Wilson
No.
Co.,
InTeatment Secnrltle*.
BOX 2,647.
WATLANB TRAKK. H. J. M0B8I.
Same Dinelon a* tht JUMwan Bhan Tinui
Company (Umiltdl.
foreign ganlicrs.
CAPITAL PAID UP, with
Sell
P. O.
Angio-Californian Bank
LONDON,
^AN
Hi-art
De Twentsche
FRANC
^KW VOMK
IIOSTUN
Bankvereeniging,
titttaorlzed Capital, • • • 96,000,000
l>ald-up Capital,
RAILROAD BONDS
aoVBHNMKNT
and STOCKS, and
claaaes of Secnrltlea dealt In at the
STOCK KXCHANGK,
all
NKW YOKK
reputable Beonrltlee
boDKht and sold In the OPBN MARKET. I.OA.N8
•nd COMMKRClAJ> PaPBK negotiated. Intereat
paid on OKPOSITS, snbioot to check.
or
all
McUetlau
K
HA N
K K
&
Co-
r>,
Exchaiine Place, N. V
Branch (l.tHce. I '^»> I.a !«nlle Hi., Chleaco.
TRANSACT A OKNKKAL BANKlNU BUSINESS,
cor.
INCLUDINU THK fUKCIlAHE AND SALE OK
STOCKS AND BONUS K<iR <'At<ll OR ON MARSECUR*GIN BUY AND SKI.L INVKSTMKNTDKHO-^ITJ
TIBS. INTKRKST ALLOW ICD ON
HUBJB<?r TO CUKCK AT SUtUT.
P. O.
D. A.
BOODV,
-
Box
RIUBEN
iA~.
C. W. MCLklLAN, JK.
LELA.NI).
•
•
•
-
•
•
-
-
B. V.
1,500,000
400,000
HtKDK
RaaerreFund,
Bead
Shanghai
•
{BSBRVBKUND
(1
.»7.800J)00
4.100J)0»
Narr
Ag»-nt.
&
4T Wllllat
Alaielaa-LBDBBOKR k
NBW TOBB
<t
VOililEUCI.il, VAPER.
Stocks and Bonda bought and sold on commlsrlon
at New York Stock Exchange. A dvanoea maOv un
buatneaa paper and other securities.
H.
Wiithrnann
UA\Kt:U!».
Co.,
&
Co.,
BRE3IKN, GERIHANV.
1
KIHM
Australasia,
(INCORPORATSD IMS.)
4 Threadneedle HI., #•>«•, KB«laad
PAIl>-i;P CAPtTAU «IJ«^2S^^
Uaaraiitee aixi Heaerre r«aakBHr.1ia
ga 1>< ««»
Latlata of t>edlt and Ktufu
'
MaM
UNITED H.INK BUILDING, KRANKrf)RTON-MAIN. GERMANY^
Wall Street, Corner Broadway.
STOCKS, JIOM>S
COB«B«F»"ll>»'H»
Bank of
BANKERS,
BANKKR-i.
JB.
CO.
Messrs. KNAUTH.NACHOn A
GERMANY.
&
.
nee* In BUie, Btoeke. BkarM. Ccwixw*. *«.
Hi
Co.,
L. de Steiger
(MMMBJai
"
R«tlerd«ia-DBWI88BL-»B ItFrBCTBWBAIIB.
VHERICAN BANKERS,
,STUTT<JAItT.
»»JW8T
Oflce, Ameterdaai.
aelic4<— B. W. BIJJDKNSTinil.
t,ondon.
TiiWW HKND.
Itoi.
aiuscuKs
nie Corporation grant Drafu, Isane I.«ttera of
collect
-edit for use of Travelers, and negotiate or
;.||8 payable at U.iinbay.<a,cutta, Singapore, Saigon,
Kong, Kiwcliow, Amoy. Nlngpo„
lloi.g
•I inlla,
hanghal, Hankow. Yokohama. Illogo, San rnaiol»oor
». >I.
CO.,
HOLLAND.
-
L«b4»b— KXCHANGE A INVKSTMINT BANK
B. W. BLUDCHgTBDI A OO.
Noe. as A M Thrwdneadle i^Mat. B.C.
HttAOorrivs. iioKo kono.
.
-
W
BANKING CORPORATION.
.•APITAI
-
RnABUiiBBn
V.
&
-
anbecribed CaplUI. 8,000.000 -Gnlldere f .WW .WW,-)
"
CT&.MM«>^>
Paid-Dp Capital. 7.871,100-
LOW.
IwanaMra.
IGNATZ STEINIIART,!"""*""LILIENT IIAU C««hl«r.
P. N.
BLIJBENSTEIN A
AnSTEHDA.-n,
''mnsact a (reneral banking biislneea. Isane Commercial credits and Blllsof Kxchanite. aTallable In all
p rls of the world. CollecHons and orders for Bonds,
sui Jta. etc, ext'oute.l upon tbe moat favorable terms.
Hong Kong
l^oodtft
SM HrondWRsr,
"eaerre Fond,
Sarplaa,
£1,956,410 SterUns.
(LIMITED).
OtBce, 3 Angel Coart.
ISCOOItlTO, 422 Calirnmia St.
A)teiJt«,.r. .* W. Sellnman &. Co.
C'ui rmpuQil'te, MaHxacbueetts N. Bk
W. C. Hill.
Parcfaaae and aell on Oommloalon
BDILDIlfOa,
a Ext-hnnirr r^onrt. Xewr Vorh.
Transact a General Banking BuBlness, InoIndlnR
the porchaae and sale of STOCKS and BONDS for
cash or on margin.
A. H, KIDDXB.
BANK
4
(LUdTED),
LONDON, ENGLAND
BANKERS AND COMMISSION MEBCHAN18,
New York,
Bay and
-Patt, Lomxur.
Addn
No. 13 'WtM Street, N. Y.
.peolaltT. Bxecate orders In STOCKS
for cttsh or carry the sarne on martfin.
CAJ Co.
BANKERS,
18 WALL STREET,
Ratlwan,
Rallwaja and other Corporation*,
Stock Kxchange.
Stocks.
Miscellaneoas Securities.
approred
laaaaeLoaaa on tbe I.oodan Market, acU ae
BROADWAY AND WALL 8TRKKT. NEW YORK. 30
&
lamiBica Tocxo. I
rBAJfciB PArr. mt%^i
Ilea
UNITED RANK BUILDING,
Railroad
o.c.M.o,K.aauii.^
Co.,
GoTemment Bonda and InTeatment
Sell
BANKERS AND BROKERS,
DUlLKBg IN
Hnar UaraMoan WoLrr.
Bib CBAHUta
CEDAR STREET.
No. 63
in addition to a General
NEW YORK
L
C. D.
BANKERS,
WALL STREET,
BtTILOINO,
&
Oilman, Son
&
aia
BOCTBERM BlOURITtlM A SPBOIAITT
umuum.
BANKERS AND BKOKER8,
No. 39
ALL KINBS Or
III
LAUIO, «.. M. P. CWMMB.
GiNgRAL UnfBT IIoVKmaa,
Malcolm A. LAiira, Maq.
Jam UORATIU LtlDTD. .<.
Joaa PDTont, Mm., U. P.
Railroad and Inregtmeiit SecnrltlMk
Y. Stock Bzch.
C. Humbert
E.
DtRBOTOtUi
B,
In
all
New York
MarUa*.
Capital Pal« Up, itBTl,8«0
CALUWELL, WASHBURN * Stf.wart Brown's Sons,
TOWNSEND
STOCK BROKERS,
BANKKR8 AND BROKERS,
88 PINE STREET, NEW YORK.
No. 8 WALL STHBBT.
Simon Borg & Co.,
Tmnuet a KeuarHl BankInK Bnslneai, Inoludlns th*
No. 8 WALL BTRBET, NBW YORK.
at the
Seonrlttw dealt
PorohitM and Sale of
and
V.
In the C.4aaiw at q i ilB rtii
xuebee of the Bank
New HoBlh Welea, Vl.iori.. i^.uUi Aafr^f TJ^
>
Ola end New SaiUud. Bill. n««f>claiad o. -M
'*'
TeliaiBlihlii Tnaefan ••.
riiileatlnB
< "•oi-_
t>« •*•<• •• >'A«i>
£^22aBait tatefeat
\
,
THE CHRONICLE.
IT
^^Uh&KS,
"gOVJ^iQU
&
Brothers
Blake
L.OKDOK,
Co.,
E]VOL.A]VI>,
and a^enctea of Banks, RaUwars
Corporations, firms and Indtvldoals, upon favo^
able terms; also orders for the purchase and
on CommlasiOB
sale of Bonds, Shares, Stc,
f^ollclc accounts
F 8M1THER8,
W.J,
&c
on the Stock Exchange.
MesotSate Railwaj, State and City Loans and
ISBUe Commercial Credits available In all parta of
IPctp ^ttfllawd gauUcrs.
Bank of Montreal.
OAPIXAI., ... $12,000,000, Gold.
81TRPI,IJS, ...
«6j000,000, Gold.
C.
AMSTEBDAin, HOLLAND.
ESTABLISHBD IN 1863.
Capital, 12,000,000 Galiders
Paid-up
($4,800,000 Gold.)
BOSTON.
BUCHANAN, General Manager
C.
HEAD OFFICE
AMSTERDAM.
IN
Agencies In Batavla, Soerabaya and 8&iaraii«.
Correspondents In Padang.
Issue Commercial credits, make advances on shipments of staple merchandise, and transact other
business of a financial character in connection with
the trade with the Dutch Ba«t Indies.
BliAKE BBOXHERS &
OflBce,
Chicago and throughout the
JOS. M.
No. 9 Blrcbln Lane.
Merchants Bank
Jos.
OF CANADA.
Capital,
BeserTe.
-
ROBERT ANDERSON,
K«q.
Ain>
AMSTERDAM, HOLLAND,
Gzowski
(LIMITED,)
LONDON, ENCLAIVD.
Authorized Capital, ..... £4,000,000
......
......
4,000,000
1,000,000
Reserve Fund, ;£300,0«0.
HEAD
THREADNEEDLE
OFFICE,
BRANCHES
Bond
Street,
LudKate
&
Buchan,
BANKERS AND STOCK BROKERS,
*^'>rT«RP'^n(1ent8— Bank of
and Alliance Bank, I^ondon.
The BHnk,while conductinK the Keneral business
of London Bankers, plves special attention to the
A. O.
A. P.
60
Bunks.
i
j
^'"^
'^'"'^
KKNNKDY,
Brewster,
Manager.
New
New
York,
No. 35 Soutb Tliird
No.
(paid up),
SIJRPL.IIS,
'I'
PITTSBURG, PA.
36
t
Buy and
WILKIB,
H.
8.
St.
Catharines, Port Colbome, St. Thomas, Ingersoll
Welland, Fergus. Woodstock.Winnipeg, Man,,
D. R.
all
datives of
WosTeri
('«iinftyi
VMCi*
<^t^re8Don(^pll( e POliritP'*
gaXtimorc ganUcrs.
J.
MIllUXNKUKV
tVM.
&
Co.,
vvh. u. ulivek.
Middendorf, Oliver &
Ci>.
BANKERS
N<)».
Dupee
^
Box
AlVn BROKEUS,
(KEYSKR 1)U1I.1)1.N<;).
2i & £5 GKU.MA.N STHEEl,
BALTIinoRE,
:i97.
IdD.
Members Baltimore Htopk Kxchanne.
Cashier
HKAD OFFICE, XORONTO.
(Formerly Chab. A.
JBRANOHES:
Brandon, Man.
&
sell
HecnritiPs.
Dealer* In nianlcipal, Male, Railroad
and United State* Bond*.
Perkins,
County, Municipal
ck KxciiHiufHt* hv CrivHte '^ire.
CONGRESS STREET,
.
Sliite,
and Llallroad Bonds. Execute orders in all SKt-UH1T1B8 listed at the New York and PhlladetohlH
Estabrook
ALSO.
....... 91,500,000
$678,000
I
I
Promptest attention paid to collections payable In
any part of Canada,
Approved Canadian business paper discounted at
the ilead Office on reasonable terms, and proceeds
remitted by draft on New York.
SwssT &
Wilson, Colston
Co,),
BANbEKItS
STATE STREET,
BOSTON,
IN Vl!;si'AlJi;^T
4pecialty.
and SOL'TUiSLN SKUUBITIBB a
Correspondence solicited
.nASS.
Dealers In Municipal. State and Kaiiruad
Co.,
&c
AND liUOKI<:KS.
(AL.TI ;1|oi:k.
BANKERS AND BROKERS
No. 40
Sterling Exchange.
London
Agents In New York:
BosANQUET, Salt & Co., Bank op Montreal,
78 Lombard Street.
59 Wall Street.
:
Co.,
co.,
BROKERS,
PITTSBURO, I'A.,
BOSTON STOCK EXCHANGES.
Imperial Bank of Canada.
In
&
Brothers
BANKERS ANU BROKERS,
No. 97 U' O O D S T R E E
BOSTON.
^iXmx&imi ganlicrs.
Agents
St., Flilladelplila.
Stocks and Bonds Bought and Sold on Commission
H£MBER8 OF THK NKW YOKK ANl
Dealers in American Currency
Co.,
6c
Geo7rBrHrir&
Cobb
&
stock Kxchange.
Stock Exchange.
HOWLAND. Pres't.
CJark
BANKERS,
York;
BANKERS,
i.|,i|;,(ielphlii
CAPITAL
W.
E.
Rea
^Ufllaud gauluers.
TURNER & CO.,
THRBADNEEDLK STREET,
LONDON.
MiTMBirHS
MEMBERS
and Europe
f^tates
Dealers In Guvermtieni,
3^je»j
Old Street,
('olunial
Orders executed by private wire in New York R(,s
ton and Baltimore.
Drafts Issued on all principal points In tb* I'niiod
i
London.
Agency of Foreign and
PHILADELfHl A
:
Paddlnsrton,
Aldgat*,
I
CHIiSTNUT STKEET,
No. 322
TORONTO, CANADA.
Prompt attention Klven to Collection of Commer
and Canadian Funds on all points In Canada
American and Sterltnfc Excbanue. and Stock.-*. Bonds
clal Bills
etc, booRht and sold.
ST.
Gerlach,
DEALBRS IN CAR TRUSTS AND OTUEU
INVKSTMENT SECUUITIKS.
Tottenham Conrt Road
I
Illli,
Knlghtabridge,
Holborn,
Agency, No. 61 Wall Street.
HENRY HAGUE,
Airenta
JOHNB. HARRIS. JR.. (Agents.
&
Narr
New York
C".
The City Bank,
SiibHcribed Capital,
Paid.Up Capital,
SOUTH THIRD STREET,
(
Blake Brob. A
Robert M. Jannst.
BANKERS AND BROKEKm
BANKERS:
change, Cable Transfers, issues Credits available in
all parts of the world, makes collections In Canada
and elsewhere, and issues Drafts payable at any of
the ofdces of the bank in Cana<)a. Every description
of foreign banking business undertaken.
W. T. Correspondents— Messrs.
Collections made.
PHILADELPHIA.
ANDREW ALLAN, Esq.
Adolph Boissevain & Co.
coinniissiON iherchants,
and
Investments for Sap-
M. Shoemaker & Co.
134
No.
LONDON. ENO.— The Clydesdale Bank (Limited.)
NEW YORK—The Bank of New York, N.B.A.
The New York Agency buys and sells Sterling Ex-
BANKERS
specialty.
SHOKMAKKR.
$1,150,000
J.
CONN.,
Qovernroent, State, Municipal
BANKERS AND STOCK BROKERS.
J5,700,0OO Paid Up.
•
Co.,
'gtnnsvUvmiin gauluers.
QBOROE HAGUE, General Manager.
H. PLUMMEH, Assistant General Manager.
STREET, NEW YORK.
2S STATE STREET, BOSTON.
Ranks a
ing
BEAD OFFICE, inONTREAL.
WALL
18
la,
sell
Katlroad Bonds and Stocks.
Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits,
available in any part of the world; issue drafts on
and make collections
Dominion of Canada.
&
Jackson
niDDLETOWN,
Buy and
sell
President,
Vice-President,
€0.,
Agents for north Aherica,
E.
BANKERS.
ALEZ-RLANG,
London
DEVONSHIRE STREET,
No. 60
President.
IfSW YORK OFFICE,
Sc 61 m^AIili STREET.
WALTER WATSOK, {Agents.
.„«„,.
Buy and
Stackpole,
BANKERS,
I
Nederlandsch Indische
Handelsbank,
&
Parker
Nos. 69
the world.
XXXVIU
[Vol.
^nntc&inn ^Viuhsvs.
,
.
xisbed.
N. Y. Corre8Pf>ndeols
and
— McKlui
information
Hro therw
,^
fiu-
Co.
Ki>tid>.
Robert Garrett 6c Sons,
BANKERS,
No. 1 SOUTH STREET,
AGENCY OF THE
Wilbour, Jackson & Co.,
BALTIMORE,
BANKERS AND BROKERS
Bank
PBANSAOT A GKNBRAL DOMESTIC AND
£2 W^EVBOSSET STREE'^,
PROVIDENCE, R. I.
British North America,
ComHiercia] Paper, Qoremmont an*
D^ilers
No. 52 WALI. STREET.
JtoutUcvu Bankers.
Bonds and Securities and Koretv'
other
Joshua Wilbouk,
Charles h. Shkldun, j k.
BKNJAHIN A. JACKSON, WlUJAH BlNNKT, JR.
in
flTBt-class
Buy and
Sterling Exchange and Cable Transfers, issue demand drafts on Scotland and Ireland;
also on Cunuda, British Columbia, San Francisco and
sell
Bzchanjre.
Prirate Telomaph Wlr" to
New
Vr.rti j«nrt
Hnm*
<
Chicago.
CIUCUIiAIt NOTES issued In Pounds Sterling
av;illiiljle in ull J>!irts uf the world.
CO.IIMEKCIAL CREUITf* ISSUED for use In Europe,
~
Samuel G. Studley,
COMMISSIO.N STOCK BBOkEK,
In name of NEW LONDON Jk BRAZILIAN
B4NK Limited, available In the Brazils, River
No. 4 Exctaause Flace, KooM No 4,
t'hinii,
.iapun
and the
Plate, &c.
Bills collected
acted.
Kiist
and West indies.
and other banking business
D. A. MCT'AVISH,
H, ST iKKMAN
I
J
THE CITY HANK
CAFITAL,
Houston,
OF
HOUSTON.
«i600,U00,
Texas.
Also.
trans,
...„,.
Agents,
BO^TO",
iWASiS.
MBMBBB OF BOSTON STOCK EXCHANGE.
\Vp
irtve
iiX.-t7t*rtltlle
tipecinl
polllth.
art*»ntion to
coUei:Moii» on
all
L>iKKCTi<KH.— Beujamiii A. Bortw. l*ie»*t; K. A.Hloe,
CO. Bainwin. W. B. Butts. Roli't Brewster. 8. K.
Ucllhenuy, B. K. Weenis.
BKNJ. A. BOTTfi.i'res't
B. K. wkUMS, Gabbier.
s
Jdne
21.
THK (HIIONICLK
1884.J
Monthnvn
Sntst Comp.i;iic9.
Jj^vmhxvB,
&
Thos. P. Miller
Co., United States
nANKRRfl,
with prompt
oiilTiiiit riitOH of (tjTcliiintfa oil tSAf of
nnil Mil auta u( AlalNuna liod City
Hpfclul uttentl'iii ptiui to
lit
uf
I
I
New
t"
Bank
i>r
W.
T.
K.— Rnnk of Iha Rtat* of New York
o-i...^ Nstloiuil Bulk,
rnltad. MtwpooI.
New
Orloani
(
^
I.I
-
P. A. WII,«T,
,
rreamom
Cukliler.
The Bank
of Durham,
DURHAin,
C,
N.
With ample meana, and faolllMos ezcellad bT no
Bank In the ^!tttte, lavltaa oorraspondeooe and pajri
pedal attention to coUectlonw.
A. K. WAUCnt, Caahlar
B. BCBHCBS, Preat.
National Bank,
First
...... 11,000,000
......
f,'si8,0gS
ciilttirti.in-t,
IV
In.
|i.t
Co.
rust
i
I
OF Ktivr XOKK.
No. 49 WALL vrnasT.
raOIIILK, ALAIIAn.l.
romHliiii''fH
Capital,
Harplna,
This company Is a leaal dtpoaltory /or moneys paid
Into mrnrt, and Is aathorlMd to aat aa (uafdiaa or
racolvar of estates.
INTBKKMT ALI.OWBD
VrililtllNGTON, N. C.
all
parta of the Hnltad Bta*ea
WM. C.CouHTNsr. Prea. Khnkst II.Puinoli, Caab
BAIVK OF CIIARLEISTOK,
CHAItLKSTON,
Spkciai. Attkntion oivicv
S. C.
KxocuitirH. admttii<*trntMp,, or trustees of eatates
'
I he tnuiaaetloa of boat.
and famalni unar»•«• ka well aa f
will and this OH
money.
JOliWll.l.IAM
'
JAMBS
'
'-nerolmt InatllMlona,
vonienl depoaltorj tor
MERCHANTS' NATIONAL BANK,
RICHmONO, VIRGINIA.
Collections
made un
suuiaera pulnta on best
ui.
terms; prompt returns.
John
JOHN
F. Ht.kvw. rash.
P.
BRANCH.
President.
Fked. K. Scott. Vlce-Hres't
BRANCH A
CO.,
T110J91AS
BANKBKS AND COMMISSION MERCHANTS
RICHinONO, VIRGINIA.
M
&
N. W. Harris
Co.,
INVESTMENT BANKERS,
DEAHnOilN STKEET,
No. 176
CHICAGO,
Charlep B. BUI,
Wilson
Wm
:
Hunt,
Maoy.
I).
IliL.
Town, Sohool.
state, Coontr, City,
IJV/IN JJO, and Car Troat Boaght ant] Sold.
The funding of entire Issues reoelrea special attenWrite as
tion.
If
you wish to buy or
TUB
&
Texas Land
sell.
1.
MACr.
l>.
Willi',
.;<ihii
.lames. lAiis
I
I',
st.ikse.
.im
!
UHNRY
611
ft
UAU,A8. tbxaa.
Montana National Bank,
HELENA, n. X.
UNITED STATES DEPOSITORY.
$230,000
Capital,
61.1
ESTABLISHED
P.
PHILADELPHIA.
Authorized Capital
Paid-up Capital
tl,naO,000
000,000
(Charter Perpetual.
Acts as Executor. Administrator, Asslffnee, Receiver. Guardian, Attorney. Agent, 'Tmstee and Com.
mlltee. alone or In connection with an Individual
amtointee.
I'akes charge of property; collects and remits Interest and Income promptly, and dlsoharfea faithfully the duties of every traat known to the law.
All trust assets kept separate from those of tbe
Burglar-Proof Safes and Boxes (having chrome
steel noorH) to rent at (r, to 100 per annum. In their
new and
elegant chnimo steel.
Fire and Barelar-ProorVaulta,
protected by Improved time locks.
Wills kept in vaults without charge.
Bonds and ^tocks. Plate and all valuables securely
kept, underguarantee, at moderate charges.
Car trusts and other approved securities for sale.
Money received on deposit at interest.
JAS. LONG, Pres'l. HIESTKR CLYMKR, V.-Preit.
S.STI1KK-', Treasurer* Secretary.
D. K. PATTEK.SON, Trust Offlcer.
DrRECTOKS.—James Long. Alfred S. Glllett, Alllaon
White, (has. P. Turner, M. 1).. William S Price. John
T. Monroe, Jos. I. Keefe. Thos. 11. Patton, W. J.
Nead, Jas. H. Martin, I>. Uayes Agnew, M. D.,
H. II. Ilouslon. John G. Heading, Theodor C.
Engel, Jacob Naylor .Samuel Kiddie, Uot>ert Pat-
&
Co.,
305 OLIVE STIIBET, ST. LOUIS,
DealerB In AVestern Secnrltles.
Oefaulled Bonds of Missouri, Kansas and Illinois a
^DQChilty. Good Investment becurltles, paying from
4^ to 10 pe r cen t, lor sale^
D. Q. P0MK3,
President,
J
i
STATE BANK,
I
Incorporated 18TB.
(
C. T.
PuiLAUELPlllA; (ieorge
\V.
Ilelly,
U.
O.,
llAHHi.sBrKo; J. Siun,son Africa, llr.NTiNoiioN:
Ulester Clymer, Henry S. Eckert, ItEAOiNQ; Edmund
It. R. iMooaghan, Wttr
S. Doty, .Mircu.NTOw.N
CBESTKii W. W. H. Davis. DOVLESTOwsi Chaa. W.
Cooper. AIXENTOWN.
WALKEB
;
mlnlstrator.
It can act as ugent In the aate or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Kellglous and charitable Institutions, and persons
unaccustomed to the transaction of business, will
And this Company a safe and convenient depository
IHPLEV HOPES. President.
for money.
-
-
-
-
N
$350,000
line.
A
(Estattlltfhed IHM.l
sbelbyvillj:, Illinois.
collections made In Shelby and adjoining Counties
a id Proceeds remitted on Uay of Payment.
KElt''EHUNCKS— National Itank of Com.cerce.Xew
Bank, Clndttnatl. Third
?(,rk. Uulon National
r 1^1 1 B**ik. ;St. Louis. Traders' Bank. Chltaigo.
ISarrlio-i'B
A. KI.MKII,
!l«
I
riw.1
('AHIALTY CO.
A.
KBW
BllOAUWAr,
Oddalaof liiUn.
Manaoera, Baa*
Blaa.
paniaa, tnstltntloaaanfi c.mB,.,."Hal
«>•
;
BONDM
TOSS.
fSM.aa oiB
TTIIHIP
this Comtany u
The bonds of hi.
from
t
<
.i.;
.
of the State of .Now
<
aro
'J
aeeopud bf
k i.rk
Policies Issued against accidents eatsalBK
totally diaabliiuilnjartea.
.
Kuli Information as to flM..ifls, yatoa, Ac, eaa
obtained at head 'ifflr.- .--«' -rpany's Aaaota.
WH. M. KimAiiiiH. I'
y
'
M.CBAWWr.
KoD-TJ.
leerotarr.
II
1)1:
Geo. T.Hope,
U. 0. Williams.
J.H.T.Stntnahan,
A. B. HoU.
Geo. 8.
,
I.
i
W.
DutIiI |i..w.«.
A. ». Hammi.
<J.
Low,
Cliarles Dennis.
U. A. Hurlbut, Alex. Mttckeli.
J. D. TermiiyS!, H. B. auitoadaa.
Coa,
Wm. M. Rlehartfa.
Bond.H of SiiretyMhip.
KO OTHER
lirsr.VESS.
The Guarantee
OF NORTH
€o.
A.MERI«.!A.
Cash Capital
OaahAsaeta
|B0O.0ao
MOMO
(KOM
Depoalt with Insurance Department
Prealdent:
Vice- Pra sM ant:
BIK A LEX. T. O A I.T.
Box. J AS. r»«»l—
Managing Director: KliWARO BawXIKO*.
NEW YORK
OFFICB
78 BROADWAT.
D. J. TOMPKINS, decralarr.
New Yokk DiUKCTOits—Joaoph W. Drazal,
NO.
I
A. L.
Hopkins, H. Victor Newoomb, John Patoo, Daaiol
Torrance, Kdw. P. WInslow, Krastos Wtman.
BHnuiANB.JKWiTr. Pre*. Jo«iAajBwnT.v.Pi«a
.WIU.IAH c. CoRXWEio. Cuhlor.
Bank of Buffalo,
.-•-.- «30O,0OO
CAPITAL,
-
BUFFALO,
S. Y.
ruciiitlea for maklac eoMoaccessible points in tho Unltoa Bl^aa,
This bank baa superior
on
Canada and Bnmpe.
tlons
all
I.lbcrals
tern* cztaadM to
accounts of bankers and mcrcltanta.
CoKiiESPOXDrNTs.-.Vcw York. National Bao*
Leather Bank rni.>n Bank of l.fiadon.
:
Mills Bulldtn)?,
3,T
Wall
St.,
PAID UP CAPITAL,
New
The
The
Safe Deposit Co.
OF NEW YORK,
and
York.
FRANCIS B. JBKKO,
SALES
Prasldoai.
MANHATTAN
Safe Deposit
846 A 348
RSOULAB AUCTION
AND CAN
IlK lll.'NTEIl
Wi:bK OK
KSTABLISIiKD
EUGENE
B.
KUK A
T|0>TII.
ISiC.
tOLF^ SuNeaBor to
Sears
Cole,
&^
BTATIONBR AND PIUNTBR.
of all olawes of
STOCKS AND BONDS
& Storage Co
BRO.IOWAV,
SEW YORK.
Comer of Leonard Street,
Safes to rent frinii glO to 8200 per year.
BONDS
At Auction.
The Undenlgned bold
tbe World.
In
(II, 000.000.
THOMAS UILLH0U8K, Pl«aid<nt.
FKKDKRIC O. TAPPKN.YIee-Praaldanl
WALTBH J. BRITTIN. Seeretarv.
STOCKS
EstaMUIied
First
OFFERS UNEqiAlXKD SECIKITT.
Co.,
140, 143 & 140 Broadwajt.
Designated as a legal l>epo«ltory by order of Sn.
preme Court. Receive depoalta of money on Interest
act aa tiscal or transfer agent, or trustee for corpora
tlons and accept and execute any legal trusts froir
persons or corporations on aa iaroiabl« tanas »
other 8lmt'.£r oompanlea. ^
._ ...
Co.
& »0«.
B.kNKERtt ANU BROKERS,
Ia<:i.inapolis
A
Nos 8I«
DAY
TI10U.\T0.^
B nk
FIDELITY
'
and the Metropolltiui .National Itank^
WM. W. TBOKKTOM. Cash.
TH08. M. THOKfTTON.
IV. F.
HICUARD
LrilAN W. BRI<M»,
TKUSTKBS:
Joslah O. Low, Henry K.Sheldon.
John T. .Martin,
Alex. McCue,
K. K. Knowlton,
Kdm'd W. Corllea
II. K. Plerrepont, A. A. Low.
MIch'l
(*auncey, Fred. Cromwell,
Alex. M.White,
Wm. H. Male.
C. D. Wood.
Henry Sanger,
William C. KIngsley.
Klpley Ropes.
JA8. R. i;iTHUAN, secretary.
LITTLE ROCK, ARKANSAS.
all business In our
Y. CoitltKSPONDKNTS.— l>>nnell, Lawson
rff
BUMUND W.CORLiaS, Vlce-Pr«*t.
John P. Rolf e,
Caahler.
Prompt attention given to
bl|AinA««
;
German Bank,
Capital (Paid In)
^Tal'-. (ICVOIMI eX'
oj-rif/
MAULON
Metropolitan Trust
1871.
Keleher
F.
Co.,
CHESTNUT STHEET,
C.A,BitOADirATER,rrest. A.a.Ci.AKiui,T,-Preat.
K. SQAHPic. Cftahler.
r ri(Ii<«Ti «'.d Iftiipr.,
f.
CASUALTY DKPAH'r jBmiT.
Clinton ati., Brooklyn, N. Y.
This 0)mpany Is authorised by apeclal charter
act aa receiver, trustee, guardlaa, executor or ad
General Manager,
Co.,
AND
linnco
Cot. of
Tranaat^t a general Financial and Agency Business In
the State of Texas and Europe.
New York Correspondents: C. E. WELLESLBY,
Wall street.
.iir.iir
anrttysbip.
VIoe-PreaMent.
Brooklyn Trust Co
Mortgage The Montague
*
OOMPANT LIMITED,
(OF LONDON, ENGIiAND),
Blake Bbos.
r,»
<iri
l.AHK.Seooadrio»-PrMt
<
II.
J.ihri
on
Clinton tillbert, l.^i.M.r,
Daniel I). Loril,
II. K. I.ii«r
,,, ,»n<iit>M
i.ii,t>«y.
George T. Adee, Isaac N. Phelps, l.ldhn f. Hr.iwn,
Samuel Sloan,
iKra.tus i'ornlnK,iK<lwi>ril I'oouer.
L. THOKNBLL. Hecrotarr.
LOUIS 0. UAMPTON. Aaatatant Beentarr
terson,
D/AXTT^Q
will
V.rtl.
CnplUI,
Company.
Vliylnla Bonds funded under tbe Funding Act
per cent oommislast Legislature, for
ilon. New North Carolina 6 percent bonds, secured
b7 Hen on the State's stock la the North Carolina
I^lrofid, for sale.
paased by tbe
Now
N.. too roa4wa|r,
Oniih
.VAHT, PrMldent.
1
B.
ritisiBaa:
„
Dan. u. Arnold, 'Jamna l^iw,
IS. n. Chittenden,
Thomas Sloonmb.W. W. I'helpa, Uohn ll.Khoadet
CoLLKcnovp.
Tt»
The American Surety Co
which may be made at any lima, and withdrawn aftai
are days' notice, and will b« enUtled to Interast for
the whttic time they may ritmaln with the company.
The Union Trust
National Banking Association
Finnnclal iicmpntiits.
IIU.'MDS OP StlRETYMIII*.
DKPOBITS.
0!f
,
Colleetlona roada on
:
Bappl1eaBank*,Bankan.
pm^oa^ttk cBsnpW
MMk
Brpkars
aa40a^
oaim* at Aeaoaat ooko
wlO kava tkMr or-
WBDNESDATS AND BATURDATB.
ADRIAN
No. 7
II.
IHULlaER A, SON,
HEW YOEK.
PINE BTREBT,
«tn promptly
No.
1
exoeatad'
WILLIAM STREET,
(HANOVER
Sa(7AHB->
,
;
^1
THE CHRONICLE
^p^jcjcial %xxvitst\nciit$.
M>ptcinX %xwtstments.
&
Reed
Flagg,
Duncan Building, Cor. Nassau & Pine Sts.
KNTRANCa
No. 11
SOS
MONTAGIJE
IN
SPECIALT? OF THESE VBRT
SAFE SECURITIES, AND BUT AND SELL SAME
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DE8IH
ABLE CAR TRUST ISSUES, ADDITIONALLT
SECURED BY THE DIRECT OBLIGATION OF
THE KAILROAD EQUIPMENT COMl'AN V.
CO.,
G^AS STOCIilS,
TRUST CO.'S STOCKS,
TELEGRAPH
Prea't.
B. Lovixg, Soc'y.
Geo.
8BK GAS QUOTATIONS IN THIS PAPER
STREET.
Bonds and Investment Securities
WANTED:
Smith,
Rkkd,
j
Jt Northern Indiana Bonds.
Terro Haute &, InduinapoUa Stuctr.
Mexican (Corliss) Bonds,
Grand Haplds & Indiana Bonds and Stock.
E.
j
Texas Investment Co.,
LIMITED,
&c.
DEA LINOS IN
INSURAIVCE STOCKS
A SPECIALTY.
FOR SALE— INSURANCE STOCKS.
l^h.«.
Directors.— A. M. Britton, President City National Bank W. J. BoHE. President 'I'niders' National Bunlt J. P. Smth. Mayor of Fort Worth, and
of the banltinE firm of Tidball, Van Zandt &Co. ;J.
D. Keed, Kancnman, and Director in First National
;
;
W.
A. lluflraan, dealer in Agricultural Implements; Sidney Jlartin, of Martin-Brown Co..
Wholesale Dry Goods W. J. Morphy, Cattle Dealer
George B. Loving, Manager LoviUB PuUlishinB Co.;
J. F. Evans. Ranchman and Cattle Dealer.
I'J
^r SoHd 10 Per
RAPID
Ct.
ACCI7iaVI.ATIOIV.
For Circular Address the
Central Illinola Financial Agency,
JAOKSONTILLE, ILL.
THE
Kansas Loan & Trust Co.
TOPBKA, KAN.
B.
SWEET,
GEO. M. NOBLE,
Pres.
the oldest and
Sec.
15 Knipire City,
100 KarraBUt.
20 Iranfc. & Em. IWi
panies, Estates
and private
Send
parties East.
for
circular.
THE WESTERIW
Farm Mortgage
Co.,
I.AWRENCE, KANSAS,
Offers to investors the best securities in the
FIRST
market
MORTGAGE LOANS UPON IMPROVKD
FARMS.
Interest and principal paid on day of ma-
New York. Fnnds promptly placed. Lari^e
experience. No losses. Send for circular, reforencf i
and sample forms. ¥\M. PERKINS. President; J. T.
WARNB, Vice-Pre'<t.: L. H. PERKINS, 8ecretar>.
CHA8. W. OILLBTT, Treas. N. F. HART, Auditor
turity in
Farm Mortgages
GAS,
No.
all
invites
DEFAIII.TEI>
correspondence
with
WKSTEH.N DEFAULTED OR RE-
PUDIATED BONDS of
Cities, Counties, Townships
or School Districts. Will purchase at best rates.
Give full description and address
T. S.
CHEW,
JR.,
St.
Joseph,
and
capitalists,
is
and the safety
evidenced by the fact
when negotiated
us.
proved and productive propeity, after we have
made a thorough personal
inspection of tha
and the abstract of
security
examined
title
&
Trad.
50 tilerlinp.
Itlo.
in
no case
do we loan more than 33 1-3 per cent of the
appraised value of the property.
Located as
we
are at Kansas City, the Metrop-
the Southwest, with a population of
olis of
1CO,000,
we
are able to select from the
most
Ac.
I'l.NK ^'I'lthliT. N. y.
.Hi
and approved by our Counsel. And
desirable locations,
and place money to a much
better advantage for the lender than firms lo-
Sec.
UNION TELEGRAPH
WESTERN
COMPANY. Nkw York. June 11.1884.
The Board
dividend of
I>IVIDEND No. 68.
of Dirt'ctora have declared a quarterly
OXK AM) TIIREK FOIRTHS
l*Klt
CKN'T upon the
capital ftock of tins Corapany. from
the net earnings of the three months ending: June
Si_>th instant, payable at the office of the Treasurer,
on and after the lJ>th day of July next, to shuxeholders of record on the 2')th of June instant.
The transfer books will be closed In New York and
London at 3 o'clock on the afternoon ttf June
20th iust., andire-opened on the morning of the 2d
of July next.
K. H. ROCHESTER. Treasurer.
HOmeSTAKE MINING CO.,
O FFICE
Mills Building,
Bkoad Stueet,
cated in
New
Yorlc or Boston, whe.-e they can-
not have a personal supervision of the invest-
ments.
Satisfactory rcfeiences will be
fur-
nished.
The borrowers pay us
interest
is
collected
for our services,
and remitted by
York exchange the day
it
falls
u.s
and
in New
due, with
no
charges to investors.
Write us. stating
how much you would
like
No. 15
New
YonK, June
DIVIDEND NO. 70.
14, 1884.
The remilar Monthly Dividend-TWENTV CENTS
per share— has been declared for May, payable at
the office of the Company, San Francisco, or at the
Transfer Agency in New York, on the 25th inst.
Transfer books close on the 20th.
LOUXSBEllY & HAGOIN. Transfer Aecnts.
ARBOR
'^pOI.EDO, A>N
A CiRA>D
-*TRUNK RAIIAVAY COMPANY, THKASIUER'S
OFFICE, No. 150 Broacnvay, New York, June 14, 1884.
—Tlie coupons of the first mortgage bonds of this
<'onil)any, due July 1. 1&84, will be l)aid at the Farmer's Loan & Trust Company, New York, on aad
after thai date.
D. M. MIINJO. 'I'rcasurer.
-L
RONDS.
The undersigned
holders of
.M<li.
H. WI.'VTKIIWGHAin,
INSURANCE, ]iAXK STOCKS,
PRIX'ICTON
frilE
In Sums of $100 and Upwards on In
diana and Ohio Lauds.
NOTHING SAFER. ALWAY^' PROMPTLY PAID.
l!:END FOR PAMPHLET.
JOS. A. moORE,
f>4 Eaut market St., Indianapolis, Ind.
TO HOIiDERS OF
|
J.
larfrest institution in
Kansas,
irtvinK exclusive attention to the Negotiating of
CUOICK FIRST MORTGAGE LOANS at high rates
Of interest. It has negotiated over $<i,000.000
of these loans for Savings Banks, Insurance Comis
I
%nUxj^str §ivii&tin(iB^
CAN HANDLE SUMS LARGE OR SMALL.
Solid as English Consols or U. S. Bonds
•r.
i;:') Guardian.
50 National.
.|;llIome.
20 New York.
50 Jefferson.
20 Niagara.
al Knickerbk'r.' fO Phenix.
luO I.iifavctte.
iOStar.
Kajile.
money
for Insurance Companies, Savings Banks, Trus-
:Shs.
Sh..-.
20 American.
Kl Ccntincntal.
;
Risk;
property, during
time we have iilaced large sums of
wliicli
;
Paid-up Capital,$100,000. Surplns.fSO.OOO
No
experience of several years in
money on improved
Loans arc made only on very desirable, im-
PINE STREET.
DEALERS IN ALL KINDS OF
Banlc;
recent de-
fiiiiincial circles.
We have liad
lending
by
will
LIVE STOCK, RANCH PROPERTIES,
SECURITIES,
pression in
dollar of interest or principal
Cash paid at once for the above securities or they
be sold (m commission at seller's option.
OF FORT WORTH, TEXAS,
of securities
tlie
that not one of our investors has ever lost a
Bailey,
S.
T
few classes
tlie
not suffered any during
of these inve.stments
Joliel
„.^
p™.'t.
»'<»-""»
"
one of
is
tliat lias
tees of Estates
Home Watertown A Oedenaburg Ists and 9df
OswcRO & Rome Bonds.
STOCKS,
J. P.
J. D.
W. W. Walsh
T. Stock Exchange.
Albert E. Hachfield,
Stocbs, In§nrancc Stocks.
W. J. MoRi'HT,
This
IN.
No. 6 AVAIil4
CITY RAILWAY STOCKS
Bank
DEALT
NEW YORK
IN
EXCHANGE.
BROOKLYN SECURITIES
Member N.
IN
INTEREST SEjni-ANlVUAE
AND PAID PROMPTLY
AND ALL KINDS 0»
ivoyes.
DEALER
Railroad Stocks and Bonds
Street
Geo. H. Pkentiss,
PINE STREET.
NASSAU STREET,
21
No.
Improved Property
Worth from Three to Five Times the
Amount of the Mortgage.
GAS SECURITIES,
WE MAKE A
a\^m:. c.
RROOKLYN.
AND
Car Trust Bonds.
No. 34
ON
ST.,
GAS STOCKS
B o IV r> s.
&.
MORTGAGES
FIRST
AND
B R O K £ R-8 AND DBAIiEAs
POST, inARTI]W
^iwaucial.
Geo. H. Prentiss & Co.,
No. 49 WAI.I. ST., NEW YORK,
PINE STREET,
XXXVIII
fVoL.
BA.NK, located
!\.\TIO>'..\I.
Princeton, in the State of
New Jersey, is chmijiu up its affairs. All notelioldors
and others, creditors of said association, are tliercfore not itied to present the notes and other claims
against the association for payment.
Dated .May 17, ias4.
S. T. SKCEB. Cashier.
at
Charlier Institute,
108 AVest SOtli Street, Central Park.
FOR BOYS AND YOUNO MEN
FHOM SEVEN TO TWENTY.
TiTenty-Ninth Cnniniencenicnt June 1(3, 1854.
He-oi>ens Sejjtember '^'S, 18 4.
Prof.
KME
CHARI.IKB. Pu.
KLIE STACEY CUARLIER,
D.,
(Owners and
j
Principals.
to invest,
and ask
for partioul.irs.
&
JARVIS, C03VKEIN
KANSAS
CO.,
CITY, MO.
Avenue
Fifth
HOTEL,
INEW YORK.
IHadisoii Square,
The Largest. Best Appointed and Most Liberally
Managed Hotel in the City, with the Most Central
and Deiightlul Location.
HITCHCOCK. DARLING & CO.
&
Spencer Trask
Bankers,
Co.,
HAVE REMOVED 10
Bread Street,
16 & 18
(Next Door
to Stock
Exchange.)
Branch Offices:
philadelfiiia.
ALBAUr,
N.
T
riiOVIDENCE,
X.
I.
SARATOGA, N,
f.
.
xtmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTO OP
THE UNITBD BTATtB.
VOL.
SATURDAY, JUNE
38.
21,
1884
NO. 991!
CONTENTS.
The
Finaiiolal Situation
giCdlvors' Cert'itlcnUs
ErloV Eainlngi
ui.«uiiif^.^nuii
uml FinancierE-iiiuuuicr-
717
720
'
i
|
j
I
7201
722
''Ifv--:Holland
and Oeiimiii}-
I
„
Money
the Bureau of Statistics thia week, and though of course
they are not the basia of the present supply of bills, they
Cotton AoreftKC, Stand nnd
arc strongly indicative of the turn in our trarle which hm
Coiiditlou, 18s4....
723
Monetary " aua
iuoueiary
aud uommeroiai
Commercial
™ ?! 729 been effected.
have prepared in a convenient' form
EnKlUliNews
(>>minorclal and Ml«oellaneoiu
the following siitnmary of these reports for tlirtte years, showNews
THE CHRONICLE.
_. "„
We
11
730
THE BANKERS' GAZETTE.
,
Market. Foreign ExohanKe, U.S. Seinirllles. State
and Railroad Bonds aud
Stocks
732
Banjte In Prl('f8 at the N. Y.
Stoek Exchange
733
„
Cemmerolal
Epitome
l
THE CO-MMEROIAL
740
740
QPtton
ing the totals for
QiiotutioimofStooksand Bonds 7.34
-*
Nfiw York Local Secuiitict
73.'}
Railroad Earnings aud Bank
Returns
736
luvestmeuts, and Htate. City
and Coriwration Finances... 737
|
Breadst uiTs
Dry Gooils
Hay.
7j 5
'"747
Ths Commbecial and FiSANcrAL Chkoniclb m pvilisfied in
New York every Saturday morning.
Entered at the Poet Office, New York, N. Y.. as seoond-olaas mall matter.
JERMS OF SUBSCRIPTION-PAYABLE IN ADVANSEi
For One Year (including nostagu)
ijSlO 20
ForSlx Months
do
6 10
Annual subscription in London (incluilintf postage) ....!! *2 78.
Sixmos.
do
do
do
«l Ss.
These prices include the Investors' Supplement, Issued once in two
months, and furnished without extra charge to subscribers of the
Chuosici.k.
Suli8<Hptlons will be continued until definitely ordered to he stopped.
The publi-<hers canuiit be rcspousible for remittances unless made by
Drafts or Post-Ollicc Money Orders
A neat file cover is furiiished at .50 cents; postage on the same Is 18
cents. Volumes bound for .sul>Bcrlber8 at $1 00.
Offices In England,
The office of the Commkucial and Fi.vancial Chronicle In London
IB with Messrs. Edwauds <t >«mith, 1 Drapers' Gardens, E. C. where
subscriptions and advcrti-semeuts will be taken at the regular rates,
•nd single copies of the paper supplied at Is. each.
Tlie ofUce of the CUHONiCLii in Liverpool is at B 15, Exchange
Buildings.
WILLIAM
B.
to
June
1.
U8MB.
In Month*.
May.
.ba.
r
4,74S,Sa), St,330,8S2{
4«S,»27'
SW.OM'
7,W<&,0S4
May.
]\\ JToatlkt.
I
Wheat,
dxr0wtclc.
months
Quantttin.
Floor... bbls.
3^Ite
for the eleven
1883-84.
TIMES.
I
May and
EXPOBT8 or BiiEAiMTcrrs ros hat asd roa slbvcs iMirm.
7,7U,1»1 100,»li,a79
ft.aaM84 I3»,337,8:S
Yalun.
*
I
S,3M.lMjl13,341.S3S|
«,820.4aS a),»M,5(H
4;;,a70
.s.ais.Mu!
8,»3IJS0I 161,808^07,
4,268,701 SI,66a.S»
&
Corn
A meal.
floor
Rye
Oats A Oatmejl*
Barley
18I,9«S
ft,m.78S
7,aRMM»|IU,«SMt7
«
I
Wh't
JVoMte.
s,2«A3» 8<,4aMn
487,M4;
8.472,S8»|
Tot. In btub.
|ll
I
*
I
I
a,M;ii.8B0
iS7,s«a,0M
i,i23..i>n
tf.mi.su
6,4aW
SBMU
«43,49S
l,38e,SW
1.035.003
11631
U6.8;5
10.887
344.3711
8I.2'20
S7S,I43
8,881
I4e,.'«4
Total value..
Provisions .
1I.9U2.M4 144,SjS.1«II li,68njai 1»1.4«UW»| 10,110^05 lS7.';3IMn
7.531.88(1; 96,190.837
6.473.4«i9 91,880.874
«,i9a.ois iaa,isa,»«
Total Prov'slons snd
Brd4, atujb..
19.4a6,g83,a4114i,U9g
*
I
Oatmeal not stated previona'
It will
ions the
l8.1B0,040!883.105fria
to July
be noticed that
May figures
this
in
I,
1SJ8SJW «7tSBM«
1883.
both bread-stuffs and provis-
year are larger than either in 18.S3
or 1882, and that together they are about $1,300,000 more
than in 1883, and $3,'200,000 more than in 1832. That is
certainly a very satisfactory exhibit, and the Custom House
MTILLlAin B. DANA & Co., PablUhers, returns for New York during later weeks have shown th»t
79 ac 81 William Street, fiUW YOKK.
a similar condition still continues.
If, therefore, the im-
DANA
JOH.N a. FLOVU.
I'osr
OFFICE Box 958.
when made up for June, indicate a falling off
our foreign purchases, a good start towards the improve-
port figures,
THE FINANCIAL SITUATION.
in
All the conditions outside of Wall Street and the securi- ment of our foreign trade will have been inaugurated.
We
have of late been buying too much and selling too little,
and nations, like individuals, -find such a process an exAVith that feature clianged, and with the
haustive one.
present promise respecting our crops realized, we may
after the storm than furnishing safely anticipate an improving condition of all' our indus-
have become more favorable the past
week. It could not be anticipated that general business
should sliow any special signs of improvement as yet.
This is always tlio dullest season of the year, more adapted
ties dealt
in there,
to prolonging
agencies
for
the
lull
a speedy recovery.
.Still,
this
so
;
all
crops (except tries in the
fall.
New
Another event which has contributed to the downward
England and
tendency
of the exchange market this week was the rjnlucsatisfactorily,
seldom
more
State) are developing very
even cotton in the Southwest has made a decided ad- tion by the Bank of England, on Thursday, of the mini-
such as the frost has again injured in
vance recently.
Should the harvests therefore
fidlil
present
mum
rate of discount to 2 percent.
A
still
further influ-
and obviously, under the changed condition of our
foreign trade, tho more immediate cause of the decline which
dustries will, before fall comes, be again in operation.
But the feature affording just now the greater promise^ occurred on Thursilay and Friday, was the offerings of bankbecause more imme<liate ip its remedial effect, is the down- ers' bills drawn ))y the Bank of Montn>al again.«t the Do.
ward tendency of the foreign exchange market, so far as minion loan of £.'>,000,000 negotiated in London, Wi^lncsWe have not se<m any statement issued by the CanPrices of our day.
It » influenced by otir increasing e.xports.
indicating tho exact purposes for which
Government
adian
the
results
of
been
forced,
as
one
of
the
products have
panic, to conform to the conditions of foreign inarkt>ls, and this money has been obtained, and where it will be paid
again they are going out and exchange feels it. Thi; figures out. The last Finance Report shows thnt on the 1st of
anticipations,
the motive power which drives
of breadstufls and provisions for
all
May have been
our
issue!
in-
ence,
by January,
1835, there falls due At
London of the
oooaoti-
^
THE CHRONICLK
718
dated Canadian Loan
due.
with .above,
Besides that,
sinking fund
in
$24,607,377,
also
London and Canada,
which are in addition
promised in Januto
ary last to the Canadian Pacific Railroad Company. For
these various purposes it was stated when the Canadian Finance Minister sailed for England a short time
since that he went there to negotiate a 50 miUion dollar loan.
The annoimcement now/nade is that £5,000,000 have been
taken, the loan bearing H^ per cent and the minimum price
being 91. Of course in view of what has been said it is not
at all probable that exchange will be offered against all of
We should presume that a considerable
this amount.
part of the money would be disbursed in England; cer.
tainly the debt due in London will be taken up in London,
debt maturing this
the amount
and much
of
year, all
the
the
XAXVIU
ment due to a number of developments this week, most of
them however of a favorable character. The much talked
make a total of $29,548,923, then about report of the Government book-keepers has been
there are several small items of rnade public.
It of course presents some unsatisfactory
less
certain debentures, &c., payable
which,
[Vol.
features in the company's affairs, but hardly any that were
of
known before, and the frightful disclosures that were
promised are altogether wanting. It is nothing new to
hear that the earnings of the company have largely fallen
off.
The newspapers have teemed with statements to that
Government
amount given the
railroad
will,
not
effect for a long time past, and moreover the figures have
been regularly pubhshed each month. But perhaps it will
some that this ' startling" report actually shows
company did not fail to earn its fixed charges
surprise
that the
We
allowing
that
find
cluding the
for
Government
charges
all
requirement
in
for
full,
the
in-
period,
new equipment, &c., together
with a milHon dollars for the dividend paid in April, the
deficit on the operations for the five months ended May 31
sinking fund, $179,000 for
we
reaches $729,415.
Had the dividend not been paid there
These facts are of interest in themselves, but especially would have been a surplus of $335,782. In other words,
in a period including the winter months, when the result is
as affecting in some measure our exchange market for com
should suppose, be paid out there for railroad suppHes.
ing weeks, and possibly longer.
to suppose that
whatever
It is
bills this
loan
perhaps reasonab'e of necessity always poor and this year was more so than
may afford, will be ever, and when competition was very sharp and rates (since
offered not all at once, but slowly to supply the current inquiry.
The decided
fall in rates
that has
below a paying
restored)
enough
taken place the
to
meet
its
figure,
the
company
earned
every charge and retain besides a bal-
But it should be ance applicable to stock of $335,782. We should say
last two days suggests a different policy.
remembered, as stated above, that the changed relations of further that tliis is irrespective of the income from land
our trade are the primary cause for the change in the ten- sales, which is very large and which the report does not
dency of the market. And if our foreign trade retains mention. According to the published figures, the land
its
improved conditions, and the early export movement of
breadstuffs
should be
now appears likely,
made against cotton
free, as
from trade sources and those
during these five months reached $3,369,256 on the
Nebraska Division and $803,691 on the Kansas Division,
or $4,172,947 together, the greater portion of which must
be net, since the expenses can not be heavy. The land
sales
the bills
later on,
should keep exchange low enough at least to dispel
all
apprehension of further exports of gold for the remainder sales are practically equivalent to a reduction of the debt;
of this year.
In our stock market nothing has transpired to encourage
operations or increase confidence, and consequently with
the proceeds,
if
in cash, could
purpose, and
if
in notes
be directly applied to this
the interest
on the
latter
would
act as offset to the interest on bonds.
As
cccasional re-actions the tendency has been strongly down-
the
to
floating debt, this
is
given at $11,400,000
Of course anything that improves the gross and $5,331,000 net, not counting fuel and materials
ward all
That does not seem to be so large as to be
trade of the country improves railroad traffic and that ought as an offset.
But, as we have many times unmanageable, and the Government officers state that the
to leave its mark on values.
said before, the source of the depression in securities, is as company holds over $37,000,000 of securities of branch
much, if not more, a question of good and honest manage- roads, a large proportion of which are "quick assets, and
the week.
A
new source of danger
ment, as one of simple finance.
to holders of bonds has appeared this week in the issue of
could be readily converted into cash."
As so much has
been said of the unprofitableness of these branch lines, it is
Wabash Com-
interesting to note that they returned net in 1883 $2,442,822,
receivers' certificates for floating
debt of the
pany contracted before the receivers were appointed. We
have remarked u"on this point in a subsequent column
and need not enlarge upon it here. We trust our courts
will see that this is a dangerous power to grant, and will
Another
reconsider their decisions and restrict the right.
their anniial interest requirement was not much'
namely $2,510,900, of which $1,595,791 was paid
direct into the company's own treasury, the Union Pacific
holding $23,615,730 of the $40,883,000 bonds outstanding.
Thus there would appear to be nothing in these government figures to bear out the unfavorable predictions made
and that
greater,
source of depression in values to the same system of roads,
has been reports current that tlie Texas Pacific interest will
not be paid. The determination of the coal companies to
in regard to them.
in
resolving
to
As
declare
to
the action
no
further
of
the
directors
dividends
this
Government at once $718,814 on
account of its demands, and the election of Mr. Charles
Francis Adams, Jr., as president of the road, they
The
regarded as favorable features.
be
cents per ton on certain sizes with the beginning of the must all
claimed
represents
the
amount
Government
the
hazardous
of
raispayment
to
month. The experiment seems a little
And by the Secretary of tlie Treasury as being duo for the
ing prices at a time when business is so depressed.
In regard to what is
year,
thi.s
than
last
year 1883 under the Thurraan act.
now
is
greater
time
short
yet, as the
restrict
production again in July has had an unfavorable
This is accompanied with the
effect on the coal carriers.
announcement that prices will be raised tweuty-fve
year, to
two weeks' stoppage may enable the companies to secure
A somewhat disturbing
better control of the market.
feature at the close of the week was the assignment of
due for the years preceding 1883, we may refer to the
last report, where, on page 15, Mr. Dillon .says
that tlie total cash payment claimed by the Government
'to Dec. 31, 1882, under the least favorable construction
"of the term 'net earnings' under the act of 1878, id
"$1,727,742 54, Against this balance claimed to be due
" by the Government, the company has the claim above
Commodore
Garrison, after
the
company's
•'
allowing notes bearing his
to go to protest. The embarrassment followed
from his eoimection with the Pittsburg Cleveland & Toledo and other new railroads in Oliio.
Union Pacific has also been the subject of no little coii-
pay
endorsement
i
"referred to (for mails against the Post-office Dejiartment,
'
.
JUNB
THE CHKONKJLE.
SI. I8t;4.j
"since Feb.,
about 3^ million dollara." Mr.
Adams' olection has been hailud with gouoral satisfaction;
integrity
his
n
in
1870) of
is
.
abovo question, and that goes a groat way
71i)
8 per cent b«iog fwld.
that
it ia
not at
It
all likely
ihoold bt nmMmb«iwf hoiravw,
,
that
now Iwing chargod
for through fmight
nUm
mtoo unprofltablo
thti
will
always pruvaU.
liku tlio present. •
tiniu
Indeed, om our ruadunt know, an odvanco of 5 canlii p«r
hundred poundji goes into efloct Mzt Tuimlay, Jum 2i,
and a further advance of !> conts is to be mado July 31.
been expected.
It is a well-known fact that the course of
The following shows relative pric«a of leading bonds and
trunk line business has not been satisfactory, and that in stocks in London and New York at the opening each
daj.
the latter part of the period covered by the figures now
/WW IS.
JMWIT.
Jm»\»,
It,
furnished, ititea were reduced to a point that tlid not cover
CMUfti w.y. CmTh jr.r ImTii jr.r
M.r.
'Umr, jr.r.
At the same time, the
the cost of transportation.
Neto York Central's belated return for the quarter ended
March .'il, is.iued this week, is fully us favorable as had
("ontral
the
das since
newly-constructed
by
which
$(i92,000
only
cent dividend
is
it
been anticipated.
Shore, and
its
that
largo reduction of
all
these adverse circum-
a question whether a deficiency of
the
course, if
we
two
quarter's
not really better than
Of
met
the most profitable bu»ino8S
meeting
in
is
is
In view of
that railroads have.
to contend with
making a
at once
rates on local business,
had
West
the
rival,
road's competition
stances, therefore,
the year
of
lirst
\)&r
ought to have
multiply this by four
U.8.4f,e.
ll»M
rt*
laoH
tiiH
tliM
U.8.«M«. Ill'IS
K
M04
lias
S
eon. 67-f«
III. Cant.
1IV48
N. Y. C. losaoi
ii»:«
litis
U'la
St. Paul.
7:-80
Can-Pao.
44'W
MN
IIIW
t*w
u-n
u
MM
SOTS
M
ItSM I1»M IITH 11*
lOS-OlM losH torn
iMM
ira»<
U-0»f tSM
7IH 71 97 TOM •»«7
•MS
M
4»«S
44
ii»4t
u
ll»1M
18-Wt
lUMS
iim
ISM
ea-ixi
KMdIng
ISOH.
'
BOM
|^7^ iiTTi
t««M lOV.M
MH
111
•W4
rns
4«-«0
«re8
Kxoht*.
oablM.
«WH
4ggK
«-gw«
jsa.
Ezprcased In their Mew York eqatrslcnt,
Beadtns on baala at $50, par value,
'
I
Ex dlTldcnd.
There is no special feature in money, the rate* for
brokers' balances remaining at from 1 to 3 per cent.
The
following statement mado up from retur na collected by as
exhibits the week's receipts and shipments of gold and
currency by the New York banks.
t
some of our contemporaries are inclined to do, we get
But this is not a fair
a very largo deficit for the year.
way of estimating the results for any given twelve montlis
Diilerent quarterly periods show very different
period.
results, and whereas one quarter may record a deficit, the
succeeding and preceding quarters may both show a suras
Indeed, to illustrate the difference,
plus.
we may
take the
WMk EtMng
VWlMwter
,Juiu 20. 1884.
N.T. BuOm. jr.r.Baaka.
Cumncr..
ta^MJMO
OelaM.404.MS
|47«,000
•300,000
two quarters thus far furnished the Railroad Commission. aold
Total gold and legal tender*.
13,883,000
r>?»jooo
aaiL«*.IO«J08S
ers, and which constitute the first half of the company's
tranmt^rr^ It. t».» .i..p» ^# tflTrf rftTtWIratw.
'Includes
$230,000
Here is the result for each of those quarters, by adepoait of gold in the 8ut>-Treasarr.
fiscal year.
and for the two combined.
The above shows the actual changes in the bank holdings
of gold and currency caused by this movement to and from
Oct. I to
Jan. I to
Total ror
the interior.
In addition to that movement, the banks
Xew York CeiUrat.
Dee. 31, 1833. Ifar. 31, '84. Half-Tear.
have gained $1,700,000 through the operations of the Sub-
Operating oxpeLses
Net
$7,914,128
4.4J5,7S9
$6,710,591
3,972,893
$14,624,719
$3,478,31.9
$2,737,698
$6,216,027
$826,617
323,750
489,633
$S26,617
324,750
489,633
$1,653,234
648,500
979.206
$1.640,0r0
$1,641,000
$3,281,000
$1,838,329
1,7-8,609
$1,096,698
1,788,609
$2,933,027
3,577,218
$49,720
def $69 1,911
f,408,(;92
Charges—
Routti'.B
Tutal
Hc'iutiiDdei-
Di vidende
Surplus or deficit...
.... »ur.
def.
there
the year before, to prove
the figures for last year or
since the
company did not
thisi
Into Ban/It, OtUaf
1884.
Morement, u abore
Interior
tADBajaao
Sab-Treatur; OFeralloni, net
Bmk,
AM
t77»,000
Total gold and legal tender*. ...
t«JiM.O0O
aaia.ttJC4,aM
Oein.
i,7ooj)ao
rrw/wo
I.TOMM
Oetn.>»a0«JflSI
The Bank of England reports again of £2<)6,000 bullion
week This represents £451,000 received from the
for the
interior
and £185,000 sent abroad, being a further shipment
Canada via New York, to the order of the Bank of
British North America.
The Bank of France shows an
to
increase of 4,14(>,000 francs gold and of 511, 000 francs silver, and the Bank of Germany since our last report has
gained 1,524,000 marks.
The following indicates the
amount of bullion in the principal European banks this
week and at the corresponding date last year.
any returns then, but
1878-9-80 we have made
Jum
by
Oold.
furnish
from the monthly exhibits issued in
up the
WMk KnMnQ Jmu 20,
$642,191
was a deficiency (in meeting divi.
dends) fif $042,191 for the quarter ended March .31, in
the quarter ended December 31 there was a surplus of
It should be said further that the quarter ended
.$49,720.
with March, and the succeeding quarter (now coming to
We have not
a close) are usually the poorest of the four.
Thus, while
Treasury.
Adding that item, therefore, to the above, we
have the following, which should indicate the total gain to
the N. Y. Clearing House banks of gold and currency for
the week covered by the bank statement to be issued to-day.
following statement of the
gross
earnings
quarters.
19, 1884.
Jun*
21, 1883.
OaM.
aUttr.
M
l«t (luarter, Oct.,
Nor. and Dec
1878-79.
1879-80.
Period.
$8,5S6,637
7,7d3,679
..
2d quarter, Jan., Feb. and Mai oh.
3d i|U.arter, April. May and June.
4th ijuarter, July, .^.ug. and Sept...
$7,375,787
6,709,i08
6,448,410
7,662,828
7.HT6,80i>
8,836,787
Bank of England
Bank Of Franco
Bank of Germany
. .
Total tills week
Total previous week
The Assay
26,173,463
41,631,260 40,569,314
7,930,900 23,788,500
t3.041.»SS
13,930.000
73.734,223 64.337,714
74,314.006 64.280.332
.
•5,f>0I.9s2
ae,i07.3e6
through the Cub-Treac$28,396..'' 83
$33,17S,D13
Total for year..
ury for domestic bullion during the week, and the Assi s tant
We here see that in the two intermediate quarters the Treasurer received the following from the Custom Hoaao.
earnings as a rule are from three. fourths of a million to a
million
and over smaller than
But we also see that the
in the first or the last quar-
and the second (juarter
taken together do not differ very greatly from the third
and fourth quarter taken together. If this should prove
true in the current fiscal year, the above deficit of $642,191
for the half year would reflect a deficit for the full twelve
ter.
iiiMUths of
about IJ millions
would earn
Dulto.
.
first
— in other words,
a,bout 6.} per cent
AUe.
Oflico paid'$12i;,»)l.')
on
its
the
company
^tock, instead of the
Oold.
I'nelS...
"
••
"
"
"
14...
16..
17...
18...
10...
Total
•247.940
240 631
607.140
49«,e71
361.S34
315.7.8
00
01
16
32
20
2«.
•3.027.34M 20
v.a.
OoU
JUmtOw^
Note*.
Otrti/Urt.
IVtoMw.
• 13.000 •45.0001 • 139,000
•e«ooo
71,000
186.000
141.000
8S.00.>
laitOOi*
1,000
11.000
18,000
18.000
3.000
81.000
124,000
140,000
53.000
95.000
fK4.nnn a%A7n>t
88.00!
127.000
«70« onn
147.000
I32.0k
IS .000
r?ia
ot<o
THE CHRONICLE.
720
RECEI V£R:>' GERTIFICA TES.
Prominent among the events of the week affecting investors' confidence in Wall Street values, has been the issue
•of receivers' certificates by the Wabash Railroad for its
This
floating debt.
not a wholly
is
new
legal procedure,
as the courts have already passed upon cases soniewliat
similar; but that such a course
possible, is
is
large body of bondholders, and
new
to the
has consequently
it
dis-
[Vol. XXXVIII.
inducement which brings capital here,
we want
building
we had
mind is whether
more restricted
in
courts put a
issue
receivers'
instruments
who
it is
for railroad
a.id
The thought
get.
not about
time that our
this power to
The theory on which such
issue is made by a receiver
ccfnstruction
certificates.
that their
rest, is
we can
the capital
all
on
the agent of the bondholder, and that
is
it
done
is
solely to conserve his interests, for they permit the
paying
turbed the sense of safety and security hitherto felt by of wages and the running of tlie road while the questions
them. Shoving in new bond issues ahead of stock is a affecting the property imder foreclosure are being adjudiTo that extent it is obvious that they are perfectly
•complaint of longstanding a well-known contingency; but cated.
—
.shoving
ahead of bonds, receivers'
in,
new
for debt
certificates
was appointed,
•contracted before the receiver
sensation to the average investor.
is
quite a
Several questions
arise out of this incident.
The
first
of
them
is
eminently practical, directly affecting
As
well known, such notes have for
in sucli cases
the exercise of this
authority should be jealously guarded, for though in theory
the receiver
the representative of the bondholder, in
is
practice now-a-days
ibanks and individuals holding the endorsed notes of the
"Wabash Railroad.
and yet even
proper;
But passing that
seldom
it
point,
it
is so.
is difficult
to see
any
justifica-
tion for the ruling that floating debt incurred prior to the
manner made a
argument it is only
'They carry on their back several well-known names, s(3 that an extension of the principles noted above,, which supthey are believed to be perfectly secure. But now the jjropo- port all such issues. Yet how wide such an interpretsition is presented to the holders, of accepting, in place of ation of the law opens the door to fraud and how very
the present obligations, receivers' certificates similarly en- precarious it makes the securities of a road which has
-dorsed.
This would be a perfectly unobjectionable ar- dishonest managers.
Suppose those who are in control
rangement if the certificates are legal: and to some minds of a property wish to make a few millions easily; first
it may appear that in any event the new contract would
they sell out all of the securities that they hold
next
is
.some time been out|,inding, and in considerable amounts.
receivership proceedings should be in this
We
first lien.
know
—
of course the
—
;
The line of reasoning they sell them short next they lavishly incur debt in
be no less secure than the old one.
which one might adopt is that, as the responsibility of the what is called the management of the property, which
"Wabash Railway is of no account, and as the dependence is readily done and covered up so that it cannot be unis wholly on the endorsers, a new instrument which is
covered; finally, they secure the appointment of a re;
claimed to be a first lien on the whole Wabash property,
with the same endorsers, is at least equally good. That
argument is probably without a flaw unless the courts
.should finally hold that these certificates are wholly void.
In that case it is wise to remember that the original prom-
and procure authority for him to pay their debt in
This plan well worked would permit the
making of a snug little sum in a brief period, (^f course
also (which is the greater evil aside from the question of
public moraUty) the bondholder's security is thus very
ise would virtually drop out of existence, and the endorse- greatly impaired, all the stock and bonds decline materiments would go with it that is, th« endorsers would be ally, and then, at the lowest figures, the old parties take
jeleased.
Of course, if the original notes are protested hold again and reorganize the company.
.and still held, and the certificates taken simply as colWe do not make these suggestions with reference to any
ceiver
certificates.
—
extending time of payment,
security while
lateral
the
(danger would be avoided.
But
it
may
certificates,
Courts?
-even
be asked,
their
Perhaps
has been hitherto done.
is
there any doubt about these
having been authorized by the
issue
and perhaps
not,
also
it is
possible that
the Courts should decide that the certificates are
if
might
be held that they constitute a
legal contract sufficient to support an endorsement; that
we say is possible, tliough we fail to see how such an
not a
first lien,
it
particular road or men. or with reference to anything that
still
know
that
all
wide, and, as
this principle.
this,
It is sufficient for
and more,
our courts to
too, is possible
under the
we think, strained ruling they are giving to
They thereby neither promote good morals,
public rights, nor bondholders' interests, but contravene
of them.
What
sufficient
all
excuse can be offered, therefore,
for extending the principle back so as to cover debt con-
tracted before the receivers' appointment
?
instrument could be collected or what name would be given
it, if its illegitimacy as an offspring of the Receiver is once
established.
not care to
one
is
Yet
all
things are possible in law, so
raise that question.
wishes to nin a risk
if
there
That
in the present case!
is
is
wo do
immaterial, for no
It is
FRIES EARNINGS AND FINANCIERING.
The statement
of earnings
and income for the second
we think there quarter of its fiscal year, which the Erie
we fail to under- at Albany, appears to be attracting very
any, and
to say.
this
little
week
filed
attention,
stand how a certifioate like this, to take the precedence of and has occasioned scarcely any comment. Perhaps tliis
the mortgage lien, could bo authorized in any proceeding is because the public think tliat by passing its June interin wliich the bondholders wore not actually or construc- est the company fulfilled the worst expectation entertained
tively parties.
Had the receivers been appointed in an with regard to it, and that therefore for the time being its
But the bond.action brouglit to foreclose the mortgage, then such exhibits possess little further significance.
interest have
their
had
to
forego
who
have
holders at least
•officers would represent the interests of the mortgagees,
which the
alleged
reasons
whether
the
know
to
and the idea under whicli courts have authorized such the right
real
ones,
and
how far
the
default
are
the
for
gave
company
find
nominal
support
least.
But
as
-certificates would
at
the case now stands
it is
certainly doubtful,
what
basis there
is for the claim that these instruments are regujar receivers'
•certificates
One
we
do
forming a
single thought
it
first
lien
Wabash
on the
more we would
the interest
of
the
course pursued.
ter's
country's
development,
l>ecause the inv'o' ability of the iavestor's security
is
the
It
management now
furnish justify the
In this sense the statement of the quar-
income merits unusual study, and we think that
will be gratified at any attempt to enlighten
and bondholders
or more correctly them on this
like to present,
in the interest of the investor,
.speaking, in
property.
the figures which the
is
point.
not to bo doniod that the excuse which the
rliroct-
ors gavd for,[pa3s:nj the iaijrest— naraoly "lke_depro;.e4
.
JUNX
—
.
THK OHRONICLR
31, 1884.]
721
" condition of the business of the country and
" ing8 of the company"
unsatisfactory.
It
with
dissatisfaction
tlio
ninnageiiient
has been growing for sonio
allayed
by tho action
as
we have
taken.
Here
of
too, that tlio
tho property,
tim<?, lias
is
times before
several
as inHunicieiit
it
goca without saying,
wliieh
Vpra and
accepted «« wholly
ticin
ahnost every ono regards
correct, wliile
and
—has not
a
moro.
tho
in
a
a
Mor.'ovor, tho
fM«».Mg
or over % million
»clobcr.
for
A*
• tulf
ao'I
company'* »ut«<m<-nt (made at lb*
deficiency loses
most of
it«
nignincance
remains, then, that on
fact
for
r«Mon.
that
tha extinction of ooly
$578,256 (that l>eing the loss in ni't earning* for the rix
months) of tho \\ millions which tho company conW low
per cent for the twelve months as comparod with th« piwiw
Mim
fiscal
surplus
G
a
(
time of tho, default) aNo tolli in that a delldaney k no*
unuBual in tho flr«t holf of tho yriar. go that th« pnaent
company which, The
shown,
.September
ended last
earned
$(i4(;.!)17
above all its charges ond
dividend on its preferred stock, and
over 1:^ millions above tho . fixed
and whicli yet, having lost during the tirst
year
not Ijoon
period from April to
surplus
of
twelve monthfl, tho directors found it necoMarjrto omit th»
payment of their Juno interest.
six months only
Of course the depreased condition of tho coT.pAny'«
§578,256 (counting in this the loss on the Tenn.sylvania & earnings" was meant to refer to tho fiitur.
oji tho
Ohio lease) of tho margin of 1^ millions that it had to past, and the management intended to conv.
n that
spare, at onco proceeds to give up the ghost financially and the outlook did not appear encouraging.
Wo agrw with
go to default. ()f course it might bo that some other them, the outlook does not at the moment look very onconrcharges against earnings had to be allowed for this year aging. But we would suggest that that is
a consideration
that did not exist last year, though in an article in our which affects only the expediency of paying the cnu{»>n
doe
charges
of
alone,
••
"
,.
issue of April 26
we demonstrated
fixed requirements
for tho whole
that the increase in tho
next December, and most ceruinly should not at all have
payment of the June coupon. But we arc giveo
is easy to
to understand that this Juno coupon had not lieen earned,
twelve months was not
affecte^l the
be more than $1 00,000 altogether. Still, it
be mistaken on such a point (not having any inside knowl therefore it was passed. Is that corre(-t
»f course the
edge) so we have scanned tlie company's accounts of pay. figures above show that it was not earned in the firat nx
nients out of income with unusual care, only to find that months.
But thow* six months ended with
tho
as near as can be ascertained tho increase over the previous first of April, while the coupon did not mature till
year lias been trifling in this respect. But to show what the first of June in other words, the company had two
sort of an exhibit the company really makes, we give below months more iu which to earn it
In those two months
the figures both for the quarter now furnished and the other last year April and May the net earnings reached
likely to
'!
<
—
—
quarter previously furnished, the
two completing a half $1,100,026.
year period.
Qiinrler
N. T. Lake Erie
<t
Wei fern.
Income —
Gross earuiogs
Opeiatiug expenses
Net earnings
Other income
1
Totai tor
JiiHletl
Z)ec.31,'83.
irnr. 31, '81
$6,41S,e96
tlO.074,812
4,517,;>D1
$4,553,140
3.U74.00J
$1,«98,''05
$.534,.544
283,151
$2,452,849
481,270
$877,605
$2,961,1'.;8
188,l:i!j
Total.
Quarter
Ended
$2,086,433
]
Half Tear.
S,49 ,H93
1
Payments^
Taxes,
have not the figures yet for May thia
year, but in April there was a decrease of $76,506.
If
there should be an equal decrease in May, or a decrease
nearly twice that amount, the net earnings for the two
months would yet reach $000,000, while the deficiency in
meeting the interest in the first six months was only
$1,151,348
81,341
1,1.51,348
81,72.>
I
I
178,776
&i>
Ferry exjienses, &c
181,0(13
13.'>,<'6j
111, 115
93,817
11 J, 097
19/,38.')
$2,3n?,696
16:<,')«e
2-^.5,368
36K,6a8
245,232
3^8.082
Hence
$681,884.
it
is
clear
that at the time the
June
on the second consolidated bonds matured, the
company had earned it, and we are forced to conclude that
interest
it
Interest on funded debt
luter.i'st gijarantieil
Interest <in efinipni't, loans, &c.
Rentals of leused lines
—
Wo
was not paid for
entirely different
reasons from
those
assigned by the managers.
What,
Wo are at once
Marine Bank and of Grant
then, occasioned the default ?
reminded of the
failure of the
&
Ward. Just what the Erie lost through that failure we
do not of course know, but there is no doubt that the com+$144,281
pany was heavily involved. It is repor:ed to have had 2^
It should be said that in the above, "interest on the millions of Chicago & Atlantic 2d mortgage bonds with
funded debt" includes in full the interest on the second Grant & Ward, 11,000 shares of Clev. Col. Cin. & Ind.
consols which has now been passed, and it will be seen that stock, besides notes, &c., for several himdred thousand
on this basis there is a deficiency of $681,884 in meeting dollars. Furthenflore, something unfavorable would appear
the half-year's proportion of the company's charges. At to have been going on even before that failure. Tlie stock
Total.
$1,9I2,1.S2
.
$1.703,8fi0
I
I
Result.
I
—a826,165
{
$3.«46,012
-$081,%84
and bonds of the company kept declining, apparently withmanagement in attributing the default to the depressed out cause, and the managers, till then noted only for their
But our readers must reticence, took repeated occa.'don to refer to the large
condition of the company's earnings.
importance
much
to a report accimiulated surplus which the company carried and conld
guard against attaching too
The failure of
not only in fall back on, in case of adversit)'. &c.
of a deficiency for a single half-year period
the case of this road, but in the case of all others that are (irant & Ward did not occur till May 6. but on May 1,
first sight, this
would appear
to sustain the position of the
—
making a similar showing. It will not do to Erie stock sold as low as 18, against 28 at the beginninfp
judge of the results for the last six months of the year by of the J car. The latest earnings then known wore
those for the first six months. The Long Island, for instance, those for February, ind they had shown an increaoe.
hnxe beoa.
must
that there
depending chiefly upon passenger travel, earns twice and So it would seem
at present
dt^-Iino
persistent
in
the
for
and any estimate some other cause
with
tliis
idea,
we
Impressed
securities.
operations
of
company's
upon
tho
the
of its business
January, February and March would be wide of the mark. have made a very careful study of the company's baUnoe
With the Erie the diJTerence is not so great, but we have the sheet, which it is requirc<l to fumisii with tho quarterly
company's own statement as authority for the remark that exhibits, and find some striking changes. Wo give belov
as a rule the business and earnings of the company are a comparison of the different items in tho balaaee sbeet
much less for the first half than for the second half of tho on March 31 and Decemlxsr 31. We might e.xtond th»*
year.
How^ mucli less can be seen from the figures for tlie comparison to September 30, the date of the compaoj'k
three times as much in
summer as in
winter,
for the year based
last fiical year,
when
the net earnings were $2,887,666 for
report, but
it is
not necessary.
.
THE CHRONICLE.
72''*
JV.
r.
Lake Erie a Western.
Dee. 31, '83. J/s/i. 31,'84.
Differenee.
Funded debt
toRns and bills payable
Interest due and accrued
TraJBc bnlances due, &c
Dividends unpaid
Rentals leased lines, <Sio
Duo for wages, supplies, &o...
Sinkin.g
fund
Sundries
Assess, paid on old Erie stock.
and loss
Profit
(surplus)
85,285,400
75.287,137
2,2S3,743 ifnc.
1,274,3S9 Inc.
761,008 IJec.
15,492 Inc.
766,829 Dec.
none the
to themselves,
less
tlian to
their stock-
2,971,1!!.' Dec.
10 "1,000
111,068
87,095
410,915
5.174
179,30V Dec.
3.284,451
5,935,793 Dec. 1,428,712
150,!117,736 150,316,362 Deo.
1,374
Old estate of Erie
Cost of road and eqiuipnient
9,866,452 11,042,741 Inc.l',176,28rt
560.6^8
595.224 rnc
34.566
Construction branch lines
Stocks and bonds held
3,248,634
3,147,S67 Dec. 100,767
3,207,563 Doc. 858.458
Paid on account of equipment.
4,066,021
8,176.499
7,033,«63 Pec. 1,1 42,8 !6
Due by agents and otliera
Supplies on hand
1,622,731 fnc
101,945
1,520,786
157,179 Dec. 352,342
Cash here and in London
509,521
37,234 Inc
Bills reeeiv.able
34,667
2,567
745,8.'18
745,838
Discount oD stock and bonds.
21?,340
218,340
Expenses extending bonds, &c.
Ward
If beside t^e Grant &
were other troubles ante-dating them,
the company's securities and the above
troubles, there
as the decline in
analysis of its balance sheet
would
indicate, let the facts
be frankly declared and the true state of things revealed.
It is also time that the company made public an exact state-
ment
that
of its loises through
it
the
recent failures, to the end
may be determined what
further shrinkage in the
surplus account must be expected as a result of those dis-
.
.
made known.
account be
plus
663.318
2e5.528
148,358
179,265,152 178,124,742 De?. 1,140,410
Total.
It
holders, that the true cause for this diminution in the sur-
$
85,2^5.400
75,207,137
1,620,39^
3,008,861
909,366
4,524
853,924
3,382,113
100,00
181.476
3,284,4S1
7,364,505
Stock
owe
rvoL. xxxviii.
asters.
What
the
is
full
or more, or less?
lions,
a'/.ount? one million,
two
mil-
Certainly no adequate reason for
the late default can be found outside Of these facts.
.
.
HOLLAND AND GERMANY.
179,265,15. 178,124,742 Dec. 1,1 40,410
Total.
For some weeks past it has been matter of public rumor
In examining the above figures, it should be borne in
mind that the comparison covers dates only three that Prince Bismarck is working in a direction which
months apart. Yet the differences are wide and important. seems to indicate a purpose to absorb Holland and make
We find that the items in what are termed current liabili- it part of the empire. The renewal of friendly relations
ties show an increase as a rule, while the offsets in the between Germany and Russia has been interpreted from
shape of " quick" assets pretty generally exhibit a falling the point of view of this purpose; and the Prince is repreoff.
The amount of the company's loans and bills paya- sented as making his movements so as to hinder or silence
ble shows an increase for the three months of $663,348, opposition, should an attempt be made to give the purpose
and
due an increase of ,$265,528, or together
though on the other hand other items of
interest
$928,876.
current
liabilities
making the net
of nearly
record
a
decrease
increase $293,476.
$300,000 in current
of
$635,400,
Against
this increase
liabilities,
we
find
on the
effect.
The circumstances
to
of the hour certainly lend importance
the question of succes.sion to the throne of Holland.
The reigning monarch, William
life,
having been
bom
in 1817.
III., is
well advanced in
His only surviving son,
other side that in the same three months the cash held the heir-apparent to the throne, Charles Henry Frederick,
by the company (both here and in London) has fallen is well known to be a confirmed invalid, and not likely
from $509,521 to $157,179, and that the amount due it ever to assume the reins of government. By a second
"by agents and others" has shrunk from $8,176,499 to marriage with a Princess of the House of Waldeck-PyrLest it may be supposed that this 7 millions mont, the King has an infant daughter some three years
$7,033,663.
represents that amount of available assets, we will say that old.
Among the rumors of the day, one is to the effect
the item " due by agents and othei-s" is one of those that King William has secretly affianced this daughter to
occurring in the printed blank of the Railroad Commis- Prince Baudoin, son of the Count of Flanders, and heirsioners, to which the railroads are required to conform,
and that the Erie has evidently included under that head
all advances made by it to its connecting lines as well as
moneys due by station agents and others on current
business, which it was probably intended by the Commissioners it should alone cover.
The distinction between
the two kinds of money due the company is certainly
yery great. We notice that on September 30 last the
tot^l of advances to auxiliar}' lines (which for the same
or a different amount would be represented in the above
item of 7. millions) was as]inuch as $3,406*420. Independently, however, of the extent to which the item is available
we have an increase of nearly $300,000 in the amount of
current liabilities, accompanied by a decrease of almost a
million and a half in cash and what are termed cash
—
apparent to the throne of Belgium, with a view to bring
about a union of Holland and Belgium.
Of course,
it
i."?
a
question whether the Dutch Estates would be willing to
recognize the claims of the Princess, with or without such
airaion; and in the event of the claims of the Princess
it would be necessary to seek a male heir
branch of the House of Nassau. The clainifi
being set aside,
in the elder
of this
House were
fully recognized
of Vienna, which established the
by the famous treaty
Kingdom
of the Nether-
lands, after tli3 downfall of the First Napoleon,
and
in the
arrangements which were made at a later date, when the
Netherlands were di\aded and formed into the two separate
Kingdoms
of
Belgium and Holland.
regarded as a foregone conclusion,
that, in
it
is
thus
tho event of
the death of the present King, and the failure to find an
line, a fresh selection would have to be made
But the most important and a totally unaccountable from the existing members of the elder branch of th?
change remains to be noted. It relates to the item of House of Nassau.
profit and loss, commonly called the surplus.
It is at this point whore the hand of (iorraany is supThis during
tlie three months has been cut down in the remarkable
Naturally enough tlie head of this
posed to be detected.
sum of .$1,428,712. Wo confess our inability to under- house is looked upon as the person having tho jirior claims
stand this very large decrease in this period.
The de- in any such emergency as that supposed. The present
ficiency for the quarter on the current operations of the head of that house is Duke William Augustus, the sam«
road (counting in full the interest on the second consols whose Duchy of Nassau, like Hanover, Hesse Cassel and
which it was subsequently decided not to pay) was onlj' Frankfort, was gobbled up by Prussia in 1866, and who
$826,165, and to that extent the $1,428,712 decrease in has since lived as a pensioner in Berlin, receiving a princely
surplus would bo explained, but in what way except, s.ay, income from the Prussian (j'ovornment in consideration of
by charging off bad debts, can the remaining $600,000 the loss of his. hereditary duchy. It is understood that
be accounted for ? And if this is the true explanation, Bismarck presses the claims of Duke Auy,ustas: and as it
how did it happen that the company suddenly accumulated will be necessary for King William and the p3ople of Holthat amount of bad debts?
The management certainly land to make up their minds at an early day as to tl.e
items
all
this in
the brief period of three months.
heir in his
.
June
THE CHRONICLE.
31, 1884.]
723
order of tho succession, the subject is one whicli is of more
than ordinary interest, because it concerns not only llio
crop of l»»2 tncroancd more than 28 p«r cent.
welfare of tho Dutch |)ooplo, but the peace of Euroix".
It is quite probable that Germany is represented na taking
roveniihg tho ronult.
n d«>cri'iiwd ar.reagr- of bIkhiI
.
But
in
I8H,1
tho
«ur-
'
I
to
i
W
^
lo
|«r
th«
i«fit.
combino
m
Iraportwioa to
more interest in the gon(>ral question than she really is- tho circiimstanro that th«t MMon wa« a Ut« onn, if iiitM*^
That Uermany, however, has good reasons for pursuing quent conditions Itad boon favorabln, dince expwionc* tbows
such a policy it is not difTicult to show. The inhabitanUof that very proliflo yoara not unfr<<qiinntly h*r«» lal« gUot;
Holland of the Rhine delta generally speak u language A point of more Bignificanco wm that afti-r dolayod growth,
which is kindred to English and Low (iernian and for came a rainy, grassy June over a very conMidermblo Mctioa,
many generations and until the country was handed over a rery hot July and a hot August with but little rain tSUg
—
—
;
to Philip of Spain by tho Emperor Charles V"., they wort> tho early part of tho former month.
TexM and jiorlioiM
governed by tho mporial House of Austria and virtually of the Southwest did not got tho oxcewdve Juno raiu;
formed a part of tho old German empire. Since tho time drought and a more prolonge<l high temperature did
of her last consolidation a.s an empire, Germany has felt the the destructive work there.
\Vo called attention to tlMM
need of a seaboard territory, giving her an easy outlet to features last November, noting the roaemblance of 18M
1
the Atlantic.
With Holland in her possession, she would to tho very poor years of 1«81 and 1871. As eoiwhl»
have precisely what she wants. It is known that l$isinarck sions with regard to the current crop development aft
has liad a hankering after the little kingdom, and it is be- almost always reached through a comparison with tho prelieved that in 187.'5, if it had not been for the firm and
decided attitude assumed by Gortchakoil, he would have
vious season,
carried out
It
Ids plans in that particular, as well as inflicted
another damaging blow upon franco.
If
King William
of
it
is
instructive to bring out again,
this connection, the peculiarity
was
this
which
and
in
diatinguialie<l 1883.
—the same that marked the other two diMatrotia
—namely, very high temperature; power
years specified
ita
Holland could be induced to recognize tho claims of the for harm in those sections where it was leas prolonged
Duke of Nassau as heir-presumptive to his throne, it is be- being greatly aided in 1871 and 1883 by excesaiTe raina
lieved by some that an important step would be taken in and grass in June, which weakened and enfeebled the plant
the direction
Duke Augus- To
by Prince Bismarck.
desired
illustrate
the
situation
wo
givo the following table
showing for each State the highest, lowest and average
and would use his influence to bring Holland into the con- temperature in June, July, August and September for the
federacy wliich forms the German empire.
In such a case, years 1871, 1880, 1881, 1882 and 1883, the first two years
Holland would resume her old German relationship she and the last year being the worst years we have ever extus, it
is
thought, would be a willing and grateful friend,
;
would be represented
in the Diet
;
Reichstag as she was formerly
perienced, 1882 being about the best,
J«l».
sho_
would be free to
legislate
on domes-
J.veraga.
IMII
questions as before.
Such is the general question and such is the aspect in
which we are now asked to look at it. To our thinking it
is not at all so pressing a question as some would have us
;
begs too
much
The King of Holland
is still
believe.
So, too,
It
is
and 1880 being good.
and, although she would cease to be an inde-
pendent nation,
tic
in the
his
;
it
takes too
much
for granted-
aHve and so is his heir apparentinfant daughter.
Admitted that Duke Au'
;
gustus were recognized as in the line of succession, or that
he were actually on the throne, it is by no means certain
that he would be a too willing tool in the hands of the
German rulers nor is it at all certain that even if he were
;
N. Carolina.
I8KI(bmd)...
\m3 (Kood)..
IMHIIbad) ..
ISM) (good)..
IbTKbail)...
8.
I
80*
eo-8
96-0 38-6
(r7-s 61-7
»9-7 86-7
88-8 57-7
7<W>
73-0
77-4
prt-i(
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1883 (bad)..
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100-9
fin-s'
*«* Bw'
^)....
ISSoigood)..
10011
187I(biid)...
90-0
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1888 (bwl) ..
18H2 (guod).
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..
Florida.
1883 (bad)...
188S(KOod)..
W9
93-S
l«Hl(bad)...
MS-O
Germany, the people of HollCHO(gc>od)..
97-a
1871 (bad)...
land would allow any such arrangement.
Bismarck Alabaua.
1883 (bad)...
se-A
might force the realization by entering and taking posseslS8<(goo<l)-9:
1881 (bad).... 100-4
Ii<fl0 (good).
sion
Ul-3
but this would be a violation of the law of Europe,
1871 (bad)..
»r»
and would be regarded as a casus belli. We have no hope LOL-IglAXA.
]i«.1(bsd)..
os-e
1883 good).
Wl'4
of a Union between Belgium and Holland.
The unhappy
1881 (Sad)
WfS
IHMO(good)... 8
and disastrous failure of the last experiment has not yet been
1871 (bad).... MO
forgotten.
Between people who differ in race, language MiSSISSIPPL
llwS(bad) ... 96-1
18r«t(good)... BOO
and religion there is really no common bond of union.
lasi(bad).... 0W3
willing to sell his
kingdom
to
;
Tlie presumption, therefore,
is
that until after the next
great European upheaval, Holland will remain as she
and that the succession
mony
to the throne will
be settled
is,
in har-
with such a state of things.
(good)
IS'Kbiul)....
I8>«1
.
W-8
tM'2
ARKAN8AH.
1X88 (good)...
W-6
M-S
1881 (bad)....
ISSUcsood)...
IM'O
Siro
l.v«l(bad)
...
ISn(bad)...
W-9
TCXNBSSIK.
1883 (bad)
COTTON ACREAGE, STAND AND CONDITION
1884.
The cotton crop
many
observers.
This
is
8or (1882) was.
lfl»i(BOOd)..
1881 (bad)...
1880 (good)..
1871 (bad) ..
TUAS.
of 1883 has proved disappointing to
almost always the case when a
poor year Uko 1883 succeeds one as
..
prolific as its
predeces
In truth the season of 1882 was excep
ss-o
sj-b
M-O
l>83(bad)
18»2(aood)..
1>«I^)
03-4
BK-l
W-fl
..
SI
t<H-»
l»W(good)..
037
1871 (bad)...
10 10
Our weathpr atations for Sontb Caro:iiiii
of any general coDcInslons.
Wo do
a;i>
i-
uccn c
w \'vi tuil
mean by what has been said that the yeaia
and 1883 were alike in all respects; we onlj
ton States as a whole we may probably say that the acreage mean that in the sections where the worst failure occunad,
planted that year produced to about its full capacity. This there was one notable condition of weather which prevailed.
For instance, pass the eye over the figures aa given abova
latter remark is well illustrated by the fact that compared
tional, the conditions
being in general favorable throughout'
80 that every agricultural product prospered
;
take the cot-
not
1871, 1881
.
.
,
1
THE CHRONICLE.
724
[Vol.
XXXVm.
for the States of Alabama, Mississippi, Louisiana and Texas,
a series of j^ears in the following, two lines being added,
and
one indicating the increase or decrease in acreage and the
other the increase or decrease in crop, both being simply
the percentages for the whole country.
Of course these
it
once that disaster
will seen at
is
recorded by the
thermometer, for high temperature was in each case concurrent with failure in the bad years, and lower tempera-
The other are our own
ture with productiveness in the good years.
do not
show the same
in these general
^States
totals for
1871 and 1883
lieve,
and represent, as we have reason
figures
to be-
the fact more accurately than any other compilation.
named,
COTTON ACBEAGE FOR THE TEARS NAMED— (OOOs Omittcd).
and crop disaster were not in those disSlates.
1883-84 1882-83 I88I-82I188O-8I 1879-8ol 1878-79
tricts so universal, but more local, and hence in investigatNorth Carolina.
1,072
1,011
1,096
996
799
893[
ing such cases the State averages are not a good guide, a Soutli Carolina.
1,606'
l,05l|
1,6D6
1,548
1,S64;
1,236
fact so plainly, because in the years
-this peculiarity
reference to the local reports being necessary; besides the
length of the heated term was shorter in the Atlantic
States, not generally extending in 1883 through August, and
the
loss to the
crop there was therefore largely due to the
further fact that the high temperature
fell
upon a plant
pre-disposed to failure, because enfeebled by previous con-
Georgia
,
2,977'
2,835!
2,934
2,569
2701
260!
268
265
2,813!
2,679!
2,3461
2,762
2,394
2,656
2,324
901!
2,820i
922
904
i.n?!
2,564
1,176
2,396
1,176
869i
924
Florida
Alabama
Mississippi
2,440
,
Louisiana
940
Texas
Arkansas
Tennessee
3,102,
1,184
886'
,
108
lO.J
889
100
17,449; 16,590
16,831
16,123
,
All others
111
2,617,
246*
2,315
2,330:
2,192
2,004
232
2.093J
865
798
2,174}
1,922
1,043
723*
947
671
86
94i
ditions of growth.
All this
who would
very important to those
is
Total acreage....
14.442
13,202
not bo
Total production....
5,850
6,9921
5.436
6,589
5,757!
5,074
Increase In acreage. -5'18 p.c*l'55p.ol4-51p.c 11-7 p.c
9 p.c|
8 IJ.C
Incr'se In production *16'3 pc 28-6 p.o.!*17'5pc'l4-4 p.c 13-4p.c'5-4p. c.
I
misled, but secure whatever helps are possible to a correct
judgment
for the present
and future
Often, in
seasons.
times past, when severe drought has occurred, cotton has
been able
to endure
Other crops have died, but cotton
it.
*
Decrease.
The production by
States for 1883-4
we
shall
make up
soon after the publication of the September crop report.
For this reason it is so freqiiently
dry weather plant. But here are We have estimated the total above at 5,850,000 bales,
three years, two of them recent, when this idea seems though as the receipts are running now it looks as if it
to have found contradiction, and nervousness over any would come short of that figure. The acreage figures for
drought is consequently becoming more prevalent. Tlie this season we give subsequently in this report.
COTTON ACREAGE AND STAND IN 1884.
facts we have set out show, however, and a more exAs was the case last year, the general tendency in the
tended investigation would only confirm the position,
'that it is not simple drought that has killed the plant; South this season has been to increase the land given up to
has pulled through.
and properly
called a
many
cotton.
This fact is well developed by our reports.
Of
was course no such inclination is ever universal or carried out
rather the '-terrible heat'' that burnt out the vitality, in to the same extent in the different sections where it exists.
some cases even in spite of a fair rainfall. An average It is governed in good part by the inducements other crops
thermometer in July and August, under or at least not hold out and by the ability of planters to indulge their wishes.
materially abj)ve 80, seems to meet best the requirements of In North Carolina, for instance, there is a tendency in some
cotton, and at that degree of heat a well started plant can sections to give up more land to tobacco, while in other
endure considerable dry weather without losing its vitahty. sections of the State wheat, and in others peanuts, are
securing more attention.
Moreover, we think the South as
FORMER PRODUCTION AND ACREAGE.
a
whole
has
for
some
years
been growing less disposed than
The facts relating to weather and growth become of
in fact, the rainfall ia
of the States does not appear
to have been largely deficient for July
course in
all
cases
and August
most useful when studied in
;
it
detail
and formerly
to
devote attention exclusively to cotton.
This
summary remark is especially applicable to all the Atlantic States,
the yield by counties would be even more satisfactory. and now we find the same point brought out in reports
The trutli is the South
in that way each production district could be grouped from Alabama and Arkansas.
A
then applied to the production of each State.
of
as
under
its
weather
give the figures with such detail here.
hj
however, to
It is impossible,
stations.
The Census returns
has been making great advancement during the
Today
years.
better
off,
there
is
last
few
no section of the country which
in spite of its short cotton crop, for
it is
is
raising
by us July 16, 1881 (page 62),
show the relative im- to an extent so much greater than formerly its own food,
portance of the various districts. The State production, and even last year in cereals it secured a pretty fair result.
however, we give below as accurately as wo can make it But before giving general conclusions in respect to either
up, the figures for 1879-80 being the Census figures and the acreage or condition, we submit our usual details with recounties were puljlished
and reference
to those figures will
•other years being our
own
We
compilation.
beheve the
results as given are a very close approximation to the actual
rRODUCTION OF EACH STATE FOB YEARS NA3IED-(000S Omitted).
00
Stafet.
00
?
d
S
00
CO
460
575
937
60
730
390
1H
Mo. Car...
455
80. Car....
5S)8
Georgia
Horlda....
940
57
435
469
798
43
Alabama
737
581
...
.
Hisaissippi 1,098
Louisiana
.
Texas
510
1,407
Arkansas..
TenneRsee.
others
69.)
375
56
S
^
00
H
00
00
00
3711
340
385
600
55
290
350
559
50
615
780
415
630
565
263
273
S63
520
55
600
563
340
503
in
00
1-i
00
as
895 1,015
485 529
855 1,173
523 675
300 380
50
53
,523
814
55
700
956
507
804
607
331
70
340
470
750
60
595
805
400
-84
520
290
eo
If:
3"0
680
50
COG
775
420
610
590
260
60
5.i5
700
3S5
690
490
235
50
70
3S10
200
20
263
350
COO
CO
575
630
420
550
410
2=0
30
Total.... 6,992 5,436 6.589 5,757 5,074 4,811 4,4S5'4.669 3.833 I.ITO
A
further point needed for comparison as the season ad-
vances
is
the acreage for previous years.
This
is
shown
for
State.
North Carolina.—Planting began
earlier
facts.
AU
gard to each
than
last year,
in this State slightly
and was generally completed about May
Tlie e.arly-planted seed came uj) well, but the later-planted
germinated slowly, being hindered by the cold and dry
weather which prevailed during a greater part of May. Replanting was necessary, but only to a limited extent, and in a
very few districts. June opened somewhat more favorably
than the previous month, but the coolness of the niglits stiU
On the whole, however, the
tended to check growth.
plant is more forward than last season. The Stand is in
general good, but owing to cold nights and the lack of rain the
20.
plant
is
somewhat
small;
particularly well cultivated.
still
it
has a healthy look, and
Wai-m weather with
is
occasional
showers would be especially beneficial and assure an excellent
condition. Acreage We note a disposition at some points to
go into grain and tobacco at the exjwnse of cotton, and hence
there has been a small decrease in the area under cotton in
some of the productive counties. An increase, however, in
other counties seems to about make up for this loss; so we call
tlie area same as last year.
Fertilizers There has been a
—
—
—
JCNE
THK rTTRONICLR
ai, 1«84.|
moderBto growtlj
.
in tlir iiw of ooinmorcial
»we of hoine-minl« niaiiurea
ft'rtilir.-rfi,
u steadily and more
but tho
r«|>idly bt>iiig
725
instance been part'
it for the whole St
,f..r..
.
'
increase<l.
|K)rtH
ohow
that tli<
of coniuixrcinl fcrti
South Carouna.— In almost tho whole cotton-Krowln«
region, planting was later this season than usual, aiul South
than ilniibliMi thoM'
Carolina proved to l)o no exception. Tho early spring was far also
liffM more largely
frohii favorable,
and
'ur
r*-
I
,
,
nuulurt liftf lag MMM*
••bumU OMsafw lw«*
>«
unsl.
lonscquence the putting in of the seed
MiKHisMiil'l.— The Hunie caiimii whk'h
Mrreil to <lcUy ftlaa^
was delayed in a majority of distrii-ts. In the lowlands a ing in the
Atlantic and hjuttern Oulf HtatM Op«<nt«d tai
IfWegreater amount of re-planting than ordinary waH found to bo
sippi, only in a greater degree, ao that
allhoagb plaattec
necessary, so that planting was not finally completed until quite
generally completed by the laot week in May, atill
knmmmwm^
late.
The month of April and the first half of May was cold tions of the
lowlands it was yet in prograa at tlta ofNMing
of
.and rather t(x> wet, but subsequently the weather changed for June.
During April and part of May tha weather wae iibm»>
the better, and, with the exception of cool nights in some secsonably cool, killing some cotton ami making
re-ptantiac neow
tions, has been very favorable. The seed came up well, except
sary to some extent, and throughout the
montii of Maj tka
on tho lowlands, as mentioned above, but somewhat irregular. rainfall was
excessive except in the eaatern and notUMm Mr
Stands are reporteil as fair to very good, but the plant is small tions of the State.
In the favored diatricia the eeed gmnlMitrf
and backward: still it looks healthy and is now making rapid well and the
plant ma<lo good pragicM, bat at othm pointa tl>*
growth. The fields are clear of grass, and the condition gener- start was poor
and cultivation haa been interfered wiUi by
ally is, considered satisfactory
in
in
w^
—
time
last season.
Acreage— As
in
fact, better than at
North Carolina, there
this
is
a
disposition in some districts to decrease the acreage devoted to
cotton and to substitute grain, but other sections have enlarged
the area so that there has beeh an average increase in the State
of about 3 per cent. Fertilizers— There has been no increase
in the takings of commercial fertilizers, but home-made
manures have been more largely used.
—
Georgia. Planting began late, being delayed] by the wet,
unseasonable weather early in the spring, and in consequence
was not completed until from one to two weeks later tlian in
early years. The weather subsequently, and up to near the
•
close of May, was remarkably favorable for farm work and rapid
growth. Since about the 27lh of May, however, the nights
have been rather cool, and at latest mail dates there was some
complaint of too much rain. Stands are reported good— in
many cases almost perfect— with the plant strong and healthy,
but somewhat small, owing to cool weather. The fields were
at latest mail dates in an excellent condition, being well
worked and free from weeds. Acreage— There has been in
some cases a moderate increase in the acreage, our reports,
however, averaging not more than one per cent for the whole
State.
Fertilizers show an increase in both commercial and
home-made, the increase in the former sort being in part due
to the lower prices.
Florida.— In tliis State as in the Carolinas and Georgia,
planting started late but to a much less degree, the finish
being but little behind List season. Seed came up very well,
and with favorable weather the growth was rapid and satisfactory. The latter half of May the weather was rather too
dry, yet not to such an extent as to in any way reduce the
prospects. There has been considerable rain since June came
in.
Stands are very good and the plant healthy and vig-
orous.
On
the 10th of June reports state that the crop
Ls
making excellent progress, the condition being very satisfactory, and the fields unusually clear of grass. Acreage.
—
rain and fioods, though latest advice* are much
luoie pnxaWBg.
The Stand is rejKirted as generally good in eaat and north Mi».
sissippi, and ranges from poor to fair in the
remainder of lh»
With dry weather followed by occa*ional ebowera th»
plant is capable of decided improvement, though how petinaMakState.
the injury done is, can only be detemuned later on. Aertag*.-^
general disposition was apparent early in the seaaon to enlarge acreage. The atlverse conditions over a (onsiilerable
sec-
A
tion have checked this inclination to an extent, but utill
think there is some growth, and we put the average iiifnawi
for the whole State at 3 per cent. Fertilizers.— A very gratifying increase in the use of commercial fertilizers is reported,
w-
and home-made sorts are being more largely emiUoyed.
Louisiana. —Planting began at about the usual tima j»
Louisiana, but, owing to the cold and wet weather, waa mnok
delayed, so that the finish was from one to three weeks later
than last year; in fact, in some of the overflowed diittricta it
was only completed about the first of June. Much of the aead
first planted came up poorly, and the continued exceaaiT*rains gave little opportunity for cultivation.
The re-planting
which was necessary was mainly in the Missisippi and
Red River valleys, where some land is reported thrown oat
altogether; later advices, however, indicate more re-planting
and much more favorable conditions, with the poesibility that
harm done may not be largely permanent. SUmd.—Amone would imagine from' such conditions, the fields wereoa
the first of June badly in grass and greatly in need of working, wliich the planters could not give them nntd the rain*
ceased. Since the first week in June the weather as stated
has been more favorable generally, and a change for the better
has taken place in the prospects. Acreage There waa at theoutset a disposition to increase the area in cotton, but the orerflow has caused so much land to be abandoned, we eetimata
that there has been a decrease of about 2 per cent. FerUUtm^
are used but little.
Arkansas. Planting in Arkansas began somewhat later
than in 1883 ten days would be a fair average and waafinished about May 35. In the counties bonlering on tli»
rivers much of the cotton first plante<l failed to come np,
the
—
—
—
—
There has been a moderate enlargement of the area in cotton,
almost the whole increase being made up of Sea Island, and
reaching probably about 3 per cent. Fertilizers.— An increase in the use of both commercial and home-made fer- owing to the overflow and cold weather, rendering urn nmuj
tilizers is reported.
more re-planting than usual; and in some of thooe diatricte
Alabama. The wet and unseasonably cool weather during the planting was not finally completed until June 1. ElaewlMaa
latter part of March and early April delayed farm work so that the seed came up very well in general, but in consetjaeiicv of
planting began generally a few days later than in 1883. Sub- low temperature and wet weather made only alow progreaa in
sequent to tho first week of April the conditions became quite development in many sections. Tlie northern and western
favorable and excellent progress was made; the finish, how- portions of the State suffered least in these [tarticulflra, and
ever, being on the average about one week behind last year. therefore, at the present writing, make a much more f ii iiiaWw
The seed came up very well, and the start was quite satisfac- showing. Tfie Stand was reporte<l as fair to good, and in f«r»
tory, although development was partially checked by the low instances excellent, although small and backward, yet ^iier
temperature in April. The weather during May and early ally healthy and of good'color. In some sections wliere thera
June was dry and very favorable some say never better
has been an excess of rain gjass is said to be troubleeome, b«fe
still a few localities speak of cool nights and absence of rain.
elsewhere the fields are comparatively clean. Since Jona t
Latest advices, however, report an abundance of rain, and in and up to the present time the conditions have bean bmbb
some sections there are complaints that rain is making wee<l8 favorable, although there were scattered complaints of cod
troublesome.
T/ie Stand secured ranged from good to excel- nights: but the planters are everywhere rapidly getUag the
lent, with the plant, June 5, very healthy and in fine condi- fields in better condition.
Acreage—A» in previooa years
tion.
The fields at that time were exceptionally clear of there seems to have been a general tendency to increaae tlia
weeds and well worked, owing to the dry weather which had area of land under cotton. We estimate the increased acrepreviously prevailed; planters claiming that with seasonable age for the State at 4 per cent.
FertilUera are hot rrrj
weather from now on there was every prospect of a satisfac- little used, planters depending largely upon tlif natural riohtory year. Acreage. There appears to havo been an inclina- ness of the soil; still there is a growing dispoaitian to make tiw
tion in most sections t ) enlarge the area under cotton, very cultivation more thorough, and commercial fertiUsan ara
few counties reporting a decrease; still the increase has in no receiving more att?i.tion.
—
—
—
.
——
—
Tennessee.
—The same may be said of the start in Temiessee
was late — say about two i*eeks. The seed
as in other States;
came up only fairly well, and the early development was rather
owing to the low temperature and excess of rain, but
with the opening of May the weather improved somewhat and
the plant made better progress. Up to near the close of May,
however, cool nights were a pretty general complaint. Since
May the conditions have in general been more favorable.
last of
The Stand secured was
main good, and the plant was
in the
but small and backward. Fields generally clean
and well worked. With the change in the weather the last
fairly healthy,
in May the growth became more rapid, and at the present
time the crop appears to be in pretty good condition. TJie
Acreage has been decreased in some districts and increased in
others, but for the whole State the change has been quite small,
averagmg not over 1 per cent increase. Fertilizers of the
commercial sort ai'e but very little used, but more attention is
being given to home-made manures.
Texas.—The outlook in Texas was June 1 less favorable
than in any other section of the cotton-gi-owing region.
Planting began about one week' later than last year, the average date being about March 15 in South Texas and April 1 in
the Northern districts, and was generally completed by May
week
June 1 respectively. The seed came up poorly, much
rotting on account of the excessive rain.
great deal
of re-planting was done, both in the bottoms and uplands,
15 and
A
it
and on some portions of the land overflowed by the Sabine,
Brazos, Trinity, San Bernard and Colorado rivers was not
finished on June 8. Fi-om the middle of April up to last of
May the rains were unusual, amounting in some cases to
a flood, and in consequence a large amount of country was
overflowed; the temperature was also lower than desirable.
But beginning with the last of May the weather became
more favorable, the overflows subsided, and excellent
now
being made in
clearing
the
fields
of grass and weeds.
The prospects are much better
than at the opening of the month, and much better than
thought to be possible then, arid with dry weather, varied by
occasional showers, there should be a chance of decided improvement. It is impossible to say at this time what has been the
damage done or how far it can be made good. The Acreage
expands largelj' from year to year in Texas, and the present
season proves to be no exception; but as the recent overflows
have probably thrown out some land, we estimate the increase
for the State at about half of that of last season, or say 5 per
cent.
Fertilizers are used but little, if at all.
The foregoing details are necessarily brief, but suffiis
ciently elaborated,
we
of the situation about
convey a pretty clear idea
in each of the cotton States.
think, to
June
1
5
"We have, however, prepared our usual statement of rainfall and thermometer as a confirmation of
the results
reached above. These tables are made up from reports
made
to us
by
the Signal Service
Bureau wherever they
have stations in the South, but elsewhere they are data
from our own correspondents, which have been largely increased in number during the past year.
The details of the thennometer record are as follows
1
March.
May.
April.
1884. 1883.11882. 1884. 1883. 1882. '1884. 1883.11882 1884, 1888.;
S.
CAROLINA
Charleston.-
Highest
Lowest
Average
76-0
2--5
68-7
78-0
Highest
78-0
72-0
.
Lowest
Average
170 300
.
78-0
3901 32-0
57-2 57 3
81-2' 74-01 85-0
34-0, 3'i-O' 400
50-8 53-8, b'i-O
86-4
43-5
83-3
74-0
18-0
51-9
74-0
27-0
82-0^ 82-o!
85-CI 30-0i
46
56-4
880
81-5
46-0' 4fl-0
640
06-8
91-3! 91-0
8O-5; 480
87-0
51-5
74-8
70-8
71-7
88-0
58-0
860
Spart-anburtf—
.
.
I
46-0
883
60-0
Columbui-
Highest
Lowest
Average
.Aiftfn
Highest
760
800
Lowest
Average
890
18-0
55-8
23-0
8S-0
60-7
75-n
21-0
55-1
780 740 770
340 S9
2S-0!
75-0
89-0
64-7' 64-9
56-8
84-0'
51-8:
380 3S'0 41-0
690 001 683
42-0
04-6
78-0
24-0
66-6
820 780
82-0
2r-6
50-0
79-0
32-3
53-8
89-3
87-8
87-0
87-0
37-3:
400
821
41-7: 45-0
559
73-0
11-0
74-0' 71-0
76-5
280' 80-0
24-.-)
80-0
35-0
510
49-9! 62-2
54-2
74-0
27-0
50-1
5'
83-5' 80-0
870
Stateburg.
—
Highest
Lowest
Average
681
84-0
90-0
54-0
76-7
86-0
53-0
71-1
85-0
00-0
54-5
74-0
010' 00-0
4801 48-0
CO-0
83-3
85-o' 84-0
86-0
350
58-1
35-0
81-2
4S-0
04-4
49-0
88-0
80-0
830
88-0
4 8-0
69-4:
1
490
686
GEORGIA.
Av.au8ta.—
Highest
Lowest
Average
Atlanta.
—
Highest
Lowest
Average
Savannah.—
Highest
Lowest
Average
Columbus.—
Highest
Lowest
Average
Macon.—
34.11 30-7
56-7
BO-9
64-5
69-7
70-5
87-0, 88-0
55-0! 40-01 46-0
70-9: 66-5| 66-3
I
76-5
870
400
671
41-0
83-7
fO-7
45-0
65-3
84-0
40-0
67-7
70-0
30-0
79-01 72-0 73-01 75-0
400 42-0l 26-0 30-0
78-0
51-0
85-0
85-0
42-0
900:
4501
63-01
890
85-0
82-0
38-0
66-0
78-0
18-0
Highest
78-0
39-0' 32-5
80-11 58-5
Oi
Lowest
Average
Rome.—
FOO
58-3
•26-0
610
34-0
61-7,
80-0
I
80-0! 78-0
30-0: 80-0
520 570
07-0
57
82-0
2B-0
380 370,
59- o!
62-0
88-0
62-0
91-0
50-0
00-5|
S8-0I
94-0
51-0
761
72-7i 72-8
1
89-0
91-Ti 88-0
•0
440
720
50-0
73-8
920
480 540
88-0
40-0
88-0
•0'
8^-0
88-0
75-0
480
890' 89-0
t
70-0' 73-0
14-0 290
Highest
Lowest
Average
49-7
1-0
29
700
2'30
76-0
2»-0
500
49-0] 54-o: 50-0
8-o' 800
21-0 260
66-2 58-e
820 m-0
84-0'
,33-0
8.-1-0
.87-0,
570
.8-0
62-OJ 65-0
71-0
87-0
8S-0
81-0
880
39-(i
42-0'
400: 48-0
61-7
82-9
66-0
88-0
69-0
74-5
Forsyth.—
Highest
780
78-0
Lowest
20-0
56-3
820
Average'
AndtrsonvUle
68-4
81-0
28-4
63-3
Highest
Lowest
Average
78-0
as-o
55-8
830 910
480 54-0
07-7
91-8
48-4
64-0
8I-2!
26-4
80-3
86-0! 86-0
45-0
42-0
65-0
670
88-0
88-0
450 500
70-8
70-6
89-5
89-6
54-0
74-6
93-0
65-2
74-4
FLORIDA.
Jacksoni^e.—
Highest
Lowest
Average
79-0
38-8
62-1
8S-0
40-0
64-3
78-0
38-0
61
85-2
42-4
66-3
79-0
40-0
88-0
88-7
88-5
47-2
68-7
88-01 86-0
801
74-0
82-0
47-0
67-3
84-8
51-8
U9-0
86-0
470
520
56-0
70-9
70-1
CeAar Keys.—
79-0
760
372 430
40-5
62-8
77-4
Highest
Lowest
Average
Archer—
63-4
8i)-9
86-0
36-0
85-0
Highest
Lowest
Average
Madison-
mutest
Lowest ...
Average
.
78-9
42'2
88-7
450
61-2
86-0
60-0
78-4
550
';2-6
90-7
62-3
76-5
540
73-9
900 870
60-5 500
770' 751
93-0
38-0
6S-2
900
95-0'
44-0
69-0
610;
890
98-0
40
95-0
42-0
66-0
69-5
7H-5
90-0
54-0
75-2
80-8
600
ALABAMA.
Uontmmery.—
Higliest
Lowest
Average
Mob'Ue.
—
Highest
Lowest
Average
Greene Spr*os.~
Hiiihest
Lowest
Average
Sflma —
Highest
..
.
Sl-2
68-2
79-8
32-0
57-4
590
35-0
64-8
42-0
62-2
42-6
63-4
75-5
28-9
57-3
78-0
78-0
83-0
80-5
820
85-9
38-0,
59-8'
350 370
62-2
3957-
47-0
59
65-1
76-0
84-0
76-0
32-01 85-0
80-0
32-0
70-0
200
.10-0
830
410
52-2
542
66-6
570
53-5
70-0) 740
21-01 29-0 83-0
78-0
30-0
55-0
75-0
32-0
51-0
»2o
75
—
Auburn—
Lowest
Average
Highest
Lowest
Average
8 78-6 86-3 85-3 88-0
80-9
22-0
55-3
j2-0
54-0
540
74-0
16-5
51-4
76-0
31-0
75-0
28-0
68-61
530
856
93-1
59-4
71-8
91-3
44-0
70-1
90-0
47-9
70-4
40-8
65-9
47-6
H8-0
430
47-0;
60-2
68-8
49 0' 58-71 47-3 50-4
70 8 74-8 72-9 7S-6
60-8
a8-o
40-0
60-0
82-0
45-0
6J-2
SO-0
8-2-0
400
580
S7-0
59-0
84-0
40-0
63-0
91-6
80-0
450
65-4
80-0
440
1
65-0
89-0
58-0
71-3
88-0
40-0
88-3
86-0
49-0
68-6
8«-0
47-0
70-0
860
84-0
40-0
68-0
660
92-0
57-0
72-0
8n-o
41-0
69-5
88-0
46-0
87-0
86-2
61
76-4
880
88-S
88-6
74-4
90-0
57-0
71-6
94-8
49-0
88-0
59-0
73-5
78-5
25-5
66-3
770
830 830 84-0
320 330 88-0 85-5 460
60-t
58-0
60-7
64-1
66-2
80-5
40-9
64-8
80-3
81-5
51-0
88-2
82-0
60-0
68-2
84-0
80-0
610
58-0
72-5
90-0
41-0
83-9
86-3
40-3
82-8
92-0
48-0
6«-6
81-9
39-8
67-5
830
82-2
48-0
72-1
68-1
81-0
47-0
LOUISIANA.
Se^o Orleans.—
Highest
Lowest
Average
77-1
80-0
79-0
82-7
.8»-5'
890
607
62-9| 62-5
78-0
19-0
63-7
77-0
24-0
44-(
81-7
71-4
56-6
74-S
Shrereport.—
Highest
Lowest
Average
Qrand Cote&w—
78-3
27-9
82-0
Highest...
Lowest
Average...
48-
78-0
S3-0
57-3
82-o' 81-0
33-0
59-5
.850
56-5
80-0
79-9' 78-0
330
37-9
55-6
68-1
45-0
68-4
930
470
08-0
78-4
78w
93-0
49-0
70-4
MISSISSIPPI.
Oolumitu8.—
:
Highest
Lowest
February.
Tiwrmonuter.
ApHl.
Average.
May.
VIRGINIA.
.
72-0
22-8
76-0
50
46-8
1
71-0
29-0
48-7
75-n
28-3
50-3
76-0
75-0
Hi-0
78-5
300
46-8
510
54-5; 55-8
80-0
34-0
85-7
760 7T0 777
72-5
82-0
33-5
54-7
800 380
50-8 480
84-2
41-3
81-0
42-0
300
8n-0
400 370
81-1
S90
88-S
5<!-9
41-0
450
88-0
66-3;
83-0
84-0'
690
85-5
47-0
6S-5
79-0
89-0
330
430
89-0
54-0
540
62-0
87-0
700
96-0
44-0
79-S
28-0
56-8
Ijowest
881
80-0
70-6
28-2
3.'-0
8.5-2
840
350 430
540
59-2
600
57-
64-5
78-0
87-0
55-0
82-0
40-0
62-0
84-8
44-0
63-7
86-8
44-8
82-0
88-0
82-0
41-0
600:
630
86-0
47-0
88-3
680
67-8
71-8
90-0
68-0
71-4
01-0
47-0
Average
Welion.—
75-4
28-8
50-5
29-0
51-5
89-7
£81
81-0
39-5
80-8| 61-3
500
91-0
44-0
78-3
850
86-5
87-0
51-2
71-5
J8-0
I
74-0
19-0
48'3
HIgliest
liowest
Average
Kittv Bawk—
HIgliest
Lowest
Average
..
Highest
Lowest
Average.
770; 80-0
780
...
80-0
58-0
32-01 SO-0
40-0
580, 560|
610
800
48-0
64-0
87-0
61-0
73-0
860
86-0
4401 48-0
600
!
60-0
Greenville—
CAR'LINA
Wilmington.—
Highest
Lowest
Highest
76-0
32-0
Brciokhaven—
Highest
Lowest
AveraKe
Lowest
Average
Murphy—
Highest
Average
Norfolk.—
CharlotteHighest..
.
.
Yicksburo,-
ISf^. )»t8. 1882. 1684. 1868. 1882, 1884. 1888. 1882. 1884. 1883.: 1882.
N.
'
[Vol XXXTin.
February.
ThcrmomtUr.
it
slow,
progress
1
'
THE CHRONICLE.
726
of
!
.
780 720
260 »»-o:
760
820
45-5'
77-0
IIVO
49-8
74-0
22-0
43-5
760 70-0
211 320 290
497 47-0 48-3i
71-0
21-5
49-8
780 76-0 73-0
270 325 880'
41-3; 4Mo 51 7
76-5
30-5
47-9
75-0
23-0
740
46-6
71-1
IS-O
17-8
51-3
700
73-0
20-5
40-4
26-0
534 48-»
50-0
-«-0
80-2
53-8
85-0
84-0
55-8
930
SO-5
8fl-n 37-5
58-3i 53-4
89-0
42-5
85-8
S2-0| 84-0
86-0
55-2
32-0
58-5
81-0
820 830
384 340 36-0
57-8 590 80-8
710 77-0 72-0 820 830 84-0
260 190 150 250 320 2»0 340
465 48-3 46B 57« 43-3 520 550 57-0
72-5
27-0
6U-7
470 440
81-4
8".-5
870
4fl-a
40-,"i
89-3
68-4
45-0
66-3
85-0
800
4.3-0 310 370
580 830 600
85-0
7601 78-0
70-0
Highest
Afount.
270
Average^.
200
61-61 47-3
78-0
38-0
57-0
82-0
41-0
60-0
85-0
41-0
61-0
84-0
840 840
22-0
49-0
1
27-0' 32-0
57-3 580
84-0
46-0
60-0
88-0
48-0
880
460
8638-
87-0
66-0
660
84-0
80-0
80-0
80-0
20-0
61-0
84-0
84-0
45-0
96-0
000
Highest
Lowest
82-8
Average-...
62-1
88-0
85-7
67-6
OT-8
48-0
88-8
.
50-11
66-2
Average.
80-0
84-0
61-0
34-0
84-0
48-0
...
88-5
500
84-0
29-0
58-2
550
88-0
S2-0
69-0
69-9
760
88-0
....
570
Oi
74-0
L'>west
88-0
71
880
80-0
87-0
56-0
37-0
59-9
53-0!
78-0
20-0
50-5
73-0
SO-0
48-0
,=0-0
860
74-8
76-0
16-0
40-7i 66-2
480
72-0
18-0
48-0
59-3
500
70-0
8-0
74-0
20-0
610
86-5
41-0
76-0
74-0
27-0
45-0
17-0
480
190
37-
618
72-0
48-0
51-2
60-8
5S-0[
..
Averwge
.32-0
.-K-0
70-0
43-2
I'Cwest
79-0
86-0
70-0
18-0
44-0
lfl-0
Pint muff—
Hlghesc
47-3
86-0
88-0
78-0
30-0
28-11'
88-0
.
Lowest
Average
HelenaHighest
770
840 850
860
40-0
83-0
Ida.—
Highest...
250
542
80-0 88-0
28-n; 28-0 34-0
48-5 580 80-6
57-0
Lowest
Average
82-0
780
86-0
32-0
60-0
280
UUle Bock.—
Average
Newport —
Highest
Lowest
7B-0
35-0
80-0
ARKANSAS.
Fort
Bigbest...
Lowest....
23-0
90-0
48-0
63-0
81-8
79-0
Lowest
Avertme
Wittnn—
Highest
780 780
28-5 8i-5
Lowest
53-4 50-7
Average
Mid.Cape Fear-
fO-0
68-7
Highest
Lowest
Average
540
84-0
480
oe-o
Smith—
235
A
..
Junk
THE CHRONICLE.
81. 1P84.J
Mtniary.
TItfrmonuttr.
ITonk.
lOU. 1883.1881.
April.
Mat.
JM^r•fl.
usa. 1884. 1888. 1888. last. 1888. I8R8.
188a.
rKNNKSSBB!.
MMM«.-.
Halnfall.ln.
tfunhviUf.--
7r«
Ululioat
l^owest
Arorutfe...,
9-H
40-0
.
761
79-8
aS't
4ia[ 81-7
lU-4
40-1
7»oI 7fl'0
«io| ar-o
an-Hi giro
380
77-4
Sl'«
71-7
«5-6
SI-7
St-6
54-8
4l>'M
50-8
AO-t
mm
uayinf
87-6
1^
m-a
lll'«l «jl-l
ltempM».~
Klnfarir/n.
y* of rain
.
HlHhost
70-0
l(Owe«t
Aroriiso
7S-7
18-5
47-»
OS'S
40-3
07-4
HlKhent
Lowest
TOO TTO' 79-0
10 SSO' 300
7«-0
25-0
70-0
80-0
4S-3
4S'0:
iO'5
617
41-2
71-0
78-0
74-0
e«o 76-0
830 sao
Av^rutfo
Autttn.—
HlKhost
44-0
ftl-l
13-0
28-0
4V-0
7TS
40 aio SVO
Lowest
47-1
Averatio
n-o
(Vl'4l
K-J
u
•-:
57
0,
1)1
'
250
oa-0
90-0
4;'0i 4110
;
900
88-0
44-4
68-0
39-n' 81-0
56-7 68-8
78-0
43-0
63-4
79-0
44-0
er-8
81-0
4H-4
67-2
86-0
H9-o'
OU'9
e>'5
83-0
86-0 84-0
42-0 4VD
SHO
400 420
800 490
61-8
AM
880
Od-U
9lf»
800 06 9
Sl-0 89-5' R4'4
880 8T0
TKXAS.
Htlnfall.ln..
mm.
Days of
Auburn
tiamrnll. In..
Day* nf min.
LUUI8IANA.
anu Orltani.Wlnfall,
la..
Dilysi.f rain
Oatvfstnn,—
UlKhest
750
T4
75-0
Lowest
S8-a
80-4
3'l-0
4eo
SS-3
63'
Averntfo
India mjw.—
Hlvhest
70-0
Lowest
28-0i 21-5
«0-8'
MO
Averaico
41-3
84-8
590
5;i0|
70-6
78
6'
50 7, 010 620
759! 78-6 75-2
7S-7
4a-B
OS'S
78-S
83-2
88-7
77-8
41-3
84-0
874' 85-7
afl'9:
R8-/
441
571
4H-fli
«rj
MO]
91-0
8«-8
90-0
98 9
67-7
71-3
78'l! ;5-4l 76-2
76-8
78-0
ss-o
80
790 840
82-3
,184
81-i
Pat'Stinr.—
Highest
T7-5| 77-6
Lowest
AveraKe
17-tl
mb'
W«(i Ulm.-
31-8
480 804
»4'0
84-3
81-0
57-
OBO
Ulishest
(
HiRhPst
Lowest
...
.
80-3
880 820
Irt-O 370
52 6 820
84-0
83-6
68-4
74-2
TOO
80-0'
72-0
80-0
1-5
100: 13-0
ssa
31-71 41-B
16-S
4S-5
88-4
780 86-0
170 180
44-8
86-5
8^-6
40-6
8S-0
90-5
48-6
60-B
91-0
4H-0
71-2
86-0
8S-0
51-9
900 980 89-8
880 24-0 880
435
WO,
8iB 000 sno
52-6 81-5 500
09-6| 72-81 89-6
49-8
6B-8
66-9
010
93-5
63-61 51-5
Average...
..
81-6
78-0
84-0
1«»
280
90-0
39-0
60-0
75-0
7B-0
100
300
669
84-0
34-0
500
80-6^
69-0
84-0
99-0
49-0
47-1
91-0
6S-0
7<a 780 73
Ctfbunu—
Highest
Lowest
4
S8-O1
BOO
89-0
63-0
38-0
59-1
47-8
840
Lowest
82-0
Averaire..
6a-3l
.
....
....
....
41-5
66-3'
June
rain.
~
KalnlalMn..
Days of ram.
ARKANRA8.
lAtUe Hoek.-
RalnfalMn..
Days of
rain.
Days of ram.
Pint aiuf—
RalnfaM, m..
Days of tain.
Stwport—
73-9'
is
dition of the fields on
Days or
Oreenville
Rainfall, in..
nothing to add with regard to the rainfall
statement, except that it explains the reason for the con-
There
Balnfall.ln..
l>a» ot min.
Bnokhftvtn—
Balnfall, in..
68-8
Attatin—
HUheat
lUlntalMn..
Days of rain.
Days of rain.
Mowni Ida—
98-0
4601
Clarfawifle-
HlKhest
Lowest
ATeragc
Coiutnbiu.—
Kalnrall.ln..
800
860 850
82-0
62-4
Daypt >! rain.
VUktbura.87-5
41-0
831, 6fl0
I
Lowest
Averaso
Fort EUiot—
Aver<»Ke
13-6
48-4
m..
Kill', full,
MlSSHMIITl.
Ralnfall.In..
Days of rain.
Fort SmUh Ralnfall.In..
Days of rain.
TUNNKSSEB.
NaahrUle.-
1st.
lUinfall. in..
Days of rain.i
Memphis.—
March.
Fehruary.
Mav.
April.
Ralnfall.In
Days of rain
SatnfaU.
1884. 1883. 1882. 1884. 1883. 1882. 1884. 1883. 1888. 1884. 1883. 1882.
TIROINIA.
Kor/olk.Ratnfall. In..
Days of
N.
rain.
4-59
18
8-S4
11
3-58
9-13
12
18
8-84
U
3-33
1-95
9-76
3-83
14
8
12
17
1-25! 4-06
U
9
5-87
14
AshwoodRalnfall.In..
Days of rain,
.^luffn—
Ralnfall.In..
Days of rain
1
TEXAS.
CARLINA.
Wilminntan—
Oalventon.—
Rainfall, in..
Davs of rain.
Weldon —
Rainfall, in..
Days of
rdin.
mttu Hawk-
809
1-92
607 s-»
16
12
9
15
...
3-36
3-79
7
3-61
roe
11
18
3-88
12
6
i
Rainfall.ln..
Rainfall, In..
rain.
Murphy—
Rainfall, in..
Davs of rain
1-40
11
1-99
6-79
4-25
2-91
1-80
600
»
8
8
6
7
10
7-76
18
2-22
17
2-45
8-68
6
12
4-32
15
2-87
11
6-43
5-47
9-17
6-98
6-49
4-83
8-78
10
18
14
17
12
15
8-35
12
9-19
6-54
11
8-88
lU
5-40
5-45
4-83
4-98
19
1-78'
6-05
10
5-93
4-<>4
18
13
8
15
9-45
13
5-30
2-06
1-60
8
3
5
4-08
13
4-89
4-52
0-60
6-46
9
:
[
14
13
9-40
8-30
10
7-40 11-80
18
10
6-60
B
6-40
12
303
3-61
3-42
12
2-23
10
8
17
4-70
3-33
315
12-12
9
12
7
15
12
15
Wilson—
8
14
1-88
i
8-32
Rainfall, in..
Days of rain.
Indianola.—
Rainfall, In..
Days of rain.
PaUHine—
Ralnfall.In..
Days of
£few
rain.
4-60
9-86
B
9
....
....
14
10
7
10
4-50
6-00
3-08
8
8
7
8-69
10
1-88
•••
Mid.Vape Fea'r-
RalntalMn..
Days of rain'.
Days of rain.
Fort EHiot—
Ralnfall.in..
Dayaoi
4-88 13-37
9
7
4-20
8
7-37 13-60
7
10
1
Rainfall, In..
Days of rain.
Ralnfall.In..
Days of
Days of rain.
.4ustin—
4-29
0-92
1-09
4-39
10
5
6
13
4-84
10
6-ee 8-46
B
3-47
9-78
2-18
18
19
8
5
4-61
6-66
10
11
Days of
6-03
13
8-A8
16
'is'
'e"
!!"
2-30
!!li
ColumbiaRainfall, in..
rain.
>>>•
....
....
Days of
Aiken-
Kainrall.in..
Days nf rain.
3-08
7-65
....
6
....
....
....
....
....
...
12
....
....
4-40
6
....
....
"
w
....
....
..*•
....
....
....
to
-••.
8-18
3-06 3-66
11
8
8-29
1-18
9-OS
8
9
3-58
14
3-34
10
8-98
10
1-49
8-96
6-97
3-17
6-80
10
12
18
14
5-34
1-95
8-91
9-70
4-39
12
1
417 806
this report.
C0NCLC810NB.
....
3-9T 3-99
1-24
9
8
9
8
8
3-68
6-89
4-77
9-47
370
12
11
13
8
8-21
11
7
9
3-68
5-88
777
2-99
1-88
1-62
2-54
5
GEORGIA.
Au<iu&ta.—
Rainfall, in..
Days of rain.
AUanta,—
Rainfall, in..
Days of rain.
Savannah.—
16
7
11
19
7
9
14
9
8
IS
5
0-78
4-91
8-81
4-19
8-78
1-28
6-22
1-80
18
10
13
3-92
11
9-94
9
iK
8
8
7
415
9-81
1-86
380
2-43
6
8
3
6
8
6
6
4-76
8-26
8-40
8-17
2-66
1-47
2-91
13
8
....
8
9
8
4
7-70
13
2-45
2-45
6-97
8-78
8-69
8-89
1-90
8
8
8
8
8
6
4
5
7-89 11-98
419
10-40
4-88
11
1-79
3-67
309
B
9
Rainfall, in..
Days of rain.
344 2-«
11
11
Rainfall, In..
3-49
2-70
5
8
3-12
2-00
6
B
5-82
8-78
7-10
8
8
9
Columbua. —
Days of rain.
ifaeon.—
Rainfall. In .
Days of rain.
12
8-03 12-95
8
5
5-10 10-55
6-02 10-S8 4-59
8-06
Borne.—
Rainfall, In
.
rain.
Rainfall, In..
rain.
—
4-87
2-40
7
6
14
14
4-ge
9-60
Days of
318
11
»
V
9
....
...
4-17
7-68
6
1
6
....
2-48
U
0-48
0-04
rain.
1-56
11
Rainfall, in..
2-14
lain.
....
9
....
1-06
:-e3
11
884
4
1-OB
8-81
1-97
6
2-73
....
—
9
Ctdar Ktys.—
RalnfHil, In..
Days of
ArchKT—
Days of rain.
JtadUon-
9
,
<
,.
6
.
....
rain.
Orta 8-89
7
4-48
10
5-93
12
6-4S
4
9-80
8-68
419
1-96
8
7
10
K!?
10
...
...
7
11
....
..,,
....
....
....
'?"
1^08
l-«
e"
....
•.
....
8
....
8T7
....
4
6-82
808
6
....
....
5
....
....
9<I0
*v
9-80
3-61
.,..
8-
8-JO
13
1^
1-71
8-16
'
»4>
9
«
10
3-00
10
6-8S
e«i
Ralnfall, In.,
Days of
10
....
4-80
.rt
8-ir
5
8;0S
—As
already remarked, an inclination to enlarge
cotton acreage
is
apparent throughout the South this year
The same condition was obvious
last
year
also.
It
may
we
surprise the reader, therefore, to find that the resulu
give to-day in that particular show the growth to be ao
much less than the percentage of increase given a year
ago when
it
reached 5-18 per cent. There are several
(1) The ability to enlarge cultivation ia
this.
never so universal after a small crop as after a large OM^
and of course the ways and means control mca's deaires
except where credit is good. (2) Southern plantera, as
well as Southern merchants and bankera, are of late
This is indicated on the on*
idly developing 'prudence.
hand by the
9-91
•1
fact that cotton is
becoming more and more
a surplus crop, food and divers other products gaining
increased attention; on the other hand making cotton on
not nearly as popular as it once was among thoM
having money to loan. Ideas like these fairly rootad
Georgia ia
States,
ITie Atlantic
necessarily grow.
a poKcy,
soch
of
wisdom
the
particular, first illustrated
credit
ALABAMA.
Ralnfall.In..
T>—- -' --'-,
First
briefly stated as follows:
r^
....
FLORIDA.
Jack»onviHe.
Rainfall, In..
Days of rain.
They may be
reasons for
Andtrsonmlle
Kalnfall, In..
The foregoing facta furnish sufficient data from which
draw intelligent conclusions upon the points cov ered by
....
....
Stattimro—
RalDlail.ln..
Days of rjln.
rain.
7
Spartanhurg—
Rainfall, In..
Day.^ of rain.
rain.
Rainfall, in..
RalnfalMi..
VharUstfni—
Days of
rain.
Oletfunu—
Clar/csi-ii;*—
8.CAROLI.NA
Days of
TorntU.—
rain.
Utm—
Ralnfall.In..
j
Rainfall, In..
Days of
601 8-27 8-70 4-79
8
10
16
....
7-09
t
Days of rain.
Charhttt—
Days of
3-80
is
»
—
1
THE CHRONICLE.
728
I
xxxvm.
Vol.
and although there is still very great room for most of Arkansas and Tennessee are also in good conimprovement, the prudential element has a wider devel- dition. Louisiana, Texas and Western Mississippi are the
opment this year than ever before.
(3.) Finally, the sections which have fared worst, the rains interfering with
acreage has been lessened somewhat by the floods in the work and the floods making in many instances re-planting
Southwest; had it not been for them the percentage would necessary.
Since the last of May, however, even in those
harve
been a
tended to
These influences have together
little larger.
restrict this
And
year the disposition to put in more
sections, there has
(3)
been a steady progress towards recovery.
Condition of the plant
now
therefore, with local
is,
more nearly the equivalent of exceptions, good to very good in the Atlantic States, in
money than any other crop, and as Southern soil and Alabama, in eastern Mississippi, Tennessee and Arkansas.
cotton.
yet, as
cotton
is
climate are peculiarly adapted to
no permanent check to
its
growth, there can be
;—it
cultivation
go on
Elsewhere
is
it
impossible at this writing to speak defin-
With such
year, according to the foregoing analysis of the States, the
conditions as have for instance surrounded the crop in Texas, everything depends upon future
weather.
A drought could do great harm to a plant the
early life of which has been passed amid such excessive rains.
changes in acreage have been as follows:
And
its
will
de-
veloping in the future as in the past, concurrently with the
growth of the world's consumption
of cotton goods.
This
Decrease,
1884.
1,072, 000
2 per
2,977 ,oool 1 per
270: ,000 3 per
2,813 ,ooo| 3 per
2,140 ,000 2 per
1,654, ,000
Georgia
Florida
Alabama
Mississippi
Louisiana
1,072,000
1,687,000
3,007,000
cent.
cent.
cent.
278,000
2,897,000
2,489,000
921,000
3,257,000
1,231,000
895,000
100,000
cent.
cent.
2 percent.
940, ,ooO|
Texas
Arkansas
3,102, ,ooo| 5 per cent.
1,184, ooo; 4 per cent.
Tennessee
Other States .ScTeis..
1 per cent.
886, ,000
111 oooj
10
p. cent.
17.449.000 2-21 percent.'
Total
il7.834.(i00
This shows an average increase in acreage for the whole
use, indicating as it
able result
Pounds per
Slates.
00
00
00
North Carolina.. 198
South Carolina.. 171
Georgia
153
Florida
99
Alabama
127
Mississippi
216
I.ouisiaua
200
Texas
240
Arkansas
288
Tennessee
199
00
o
00
177
127
120
72
94
167
235
149
199
145
00
H
2
00
211
170
149
103
126
200
267
224
262
195
197
190
169
144
115
121
179
223
182
244
192
238
150
146
102
133
178
249
103
295
184
230
1878.
.173
141
101
136
206
265
167
263
207
r-l
101
135
110
125
166
235
198
227
152
203
183
122
110
127
129
199
200
1S5
100
Arernge
194 144 187 180 171 177 169 173 151
Note. — For the purposes of this table wc have taken the average net
weight of lialfP, whicli in 1882-S-3 w.ns 461 lbs.; in 1881-82, 44711)S.;
1880.
1S81.
18fi0-~l, 4571bs.; 1879-80. 4.'>2 lbs.; Ib78-7y, 4451b8.; lo77-78, 4511bs.,
for previous years, 440 lbs.
and
Second.
—As
to
maturity,
and
cultivation
condition
of the plant, the conclusions reached are as follows
(1)
what
As
is
to
:
was evidently
The spring season was cold and
the crop
maturity,
called a late one.
(June
1)
1883.
backward, so that the seed geniiinated slowly, in some
cases had to be re-planted, and the plant when started
made
slow progress.
In the Southwest the floods have
delayed farm work and
made
necessary over a wide area.
re-planting in that section
Since June
1,
the
1883.
progress
ago,
is
no
special difference in this particular
when a
similar condition prevailed
sections a considerable portion of
backward than
it
(2) Cultivation
the crop
is
still
more
then was.
up
to
June
was good
to very perfect in
almost all sections except the Southwest. Development was
slow and rains were not so frequent as to interfere with
farm work.
In most sections of the Atlantic States, even
up
to this date, the crop
well.
may be
said to be doing unusually
Alabama, the eastern portions of
Mississippi, the
way
that uninter-
should say that a favor-
in
May
and that
a very material improvement
April, like March, -van satisfactory for getting In tlie crop an<l
securiug a good start. May -nas al^^o generally extremely
favoraWe, so that the plant made siilendid progress; more rain
than needed, and a grassy condition of crop, was reported in a
few sections, but the general condition at tiic close of month
was excellent. June, too mncli raiu In parts of all tlie States,
but especially in tlie Southwest otlicrwisc generally favorable.
March and Ajiril were generally favoi-able for fai-m work, hut in
the Atlantic States and upper latitudes of otlior States, down to
almost the second week of May, the temperature was far too
low for vegetation, heavy frost being reported as late as the
4th and 5tli of April. The first half of May was also, in some
sections, too cold for the l)est dcveloiimcut, but since that date
the weather has been generally favorable everywhere, the main
exception being drought in the lower counties of Texas, and at
some other points, and cold nights in certain sections for about
ten days or more in June.
The siiring opened early and the ground was well prepared.
March and April were, on the whole, both favorable for farm
work, and May and the first half of June were al.«o favorable.
The main exception to tills has been tliat in a portion of the
Gulf States and tlie Mississippi Valley there was too much rainSbice the first of June, take the whole cotton section together,
the conditions have been very satisfactoiy, except tliat there
is a small section of the Gulf States where the complaint still
is, too much rain.
The spring opened fully two weeks later than last year, tempera
ture everywhere being lower. April, however, showed a de
cided improvement, though in tlic later sections there wore
cold turns down to the middle of .\pril. Since tlien, with the
exception of a drought of three weeks In Atlantic States diu'lug
May, and too much rain during the same weeks in Texas, Arkansas, part of Louisiana, and other limited sections, the
weather has been everywhere very hot and forcing.
Planting liegau more than two weeks earlier than last year
and tlie seed came up well. May was remarkably cold, and the
growtli was checked during tliat month, but In general there
was no excess of rain, so that tlio fields were kept well cultivated and clean. About the Inst of May and first of June It
turned warm, t!io plant liegan to grow rapidlj', imd the latter
part of that mouth tlie condition liccame unite promising.
There wns".great delay, more especially
In the .\tlantic States, In
cold and wet, and
was dry over a con.siderable section. Altogctlier, there
fore, the start was a very late one. Tlie hitter part of May the
eiuToiindings grew more favorable, and on the lirst of June the
fields were clean and the condition of the plant was good, though
1884.
March and April were
still backward.
Spring was late, but in the Atlantic States no more backward
than a year ago. Early pro^iress was, however, slow everywhere, and cold weather made re-planting necessary in many
the siirroundlugs the miildlc of June arc better
all sections except the Southwest,
where rains and floods iiavo both prevented work, and over a
Since the
considerable area made re-planting neress.nry.
last week in May the Southwe.-tern eonditions have greatly
Improved, and opened up the possibilities of a good season
cases.
1
We
JIaj'
from a year
but in the latter
;
week
getting in the seed.
has been quite rapid everywhere, and now in the Atlantic
States and, in fact, everywhere except in the Southwest,
there
is.
;
I00
188
140
120
108
146
191
245
205
251
102
six:
For the purpose of enabling the reader the more accurand readily to compare the early weather conditions
(that is, the conditions up to the last of June) with previous
seasons, we have prepared the following:
to
00
and
ately
6
00
five
has taken place.
acre.
a
CD
between
possible even yet in the Southwest,
is
since the last
1879.
CO
00
IN
00
00
of
are largely destructive, but not in the
rupted, wet sultry weather
does the yield per acre of
each State.
fall
inches being measured in a few hours. These storms of course
South of 2-21 per cent. In the opening of this report we
have given the total production of each State since 1873-74.
With that table and the above acreage table, the following
becomes of
should be remembered that the rains were not
it
marvelous showers, in one case a
Acres,
Increase.
North CaroUim
South Caruliua
yet
continuous, keeping the ground everywhere saturated, but
Estimated for 1881.
Acreage,
1883.
States.
itely.
Still,
than a year ago in almost
even there.
With such early
year may be briefly
conditions, the later history of each
stated as follows:
:
:
'
-
-^
..
June
rear.
July
uhHt
I'llt 111
111
I11II.V
vrry i'liil.v,
Imt (tiiLHity
MUVIppI
I
|
1
Kood
Seii.sou fairly
fiv-
voriihlc.
In
Tn.xoH
liiiil
l-lirysliili'
ilriMiKlit,
0011
.Vtlmiliv
of Ala.
u
Irs.^
frvi-i-
Mliuili<«lp|i|
(Icliiywl
that thcru
Yd
lliii'il
111
niiitiir'v Yield,
ci'im'n iicvir li.tt'r
evirvwhrrt'. /nfroMct/ rrop
*
fiiwt l;i a ,„.
13"* I*' cent,
lliiilt.d Hccfii <)«t.
'JO tn *24.
Kllllnvl
1
ahoiit
Nov.
I'U'klujf
ftHpitfV. yr.
I
1
5 to
A
(le<'i<lodly
favonible feature
in
that the
•omewluU
pro-
drought baa given plnie to a oopiooa fail of nln. Tb«
country hod become somowhat parabad, and nln waa
amek
wanU<d
for the paaturea, the
late-Mwn oro|M, and akw for tb*
The dry weather raited the wheat plant inand it was generallr reported that that crop
root crops.
,.
!,
'JO.
tlio
tracte<l
KllUiitc
B» forwafd
not
In
onn'l Kod Jl^MtaMt*. wid
I*
to iipprxliond oooiiiMtetal tfvaM*.
f.^.ling whi. h nilsU wllh n-icard to
Stock Exclinngo nnd flnani-inl nffnlni.
Manry h orrtalnly
chMp, and ntvtna likely to rtoialn at alNiiit 2 jurr c«m»; but lb*
Kcneral public Imve been too rouoh ontcrtjilnMl of l«|«
ytun
with Hi.M-k Kx< bongp iiivmtnionU, and arn now
buring rtry
little Bt<K-k, notwitlntnndlng that prlcw are so
low,
S,7&7,0OO
wortt of] frost iiHiro poiii'ral
BruKim.
IClsewhcit*.
IT
iiioMt
rt>aw)n
littlu
This, howi.vor,
liil
Viillry
iiiiii'kvtifnrrmurrforon
Topiiiip tiliiinirnt
mill iimtiiml nl-
chief
i.t
>
)
PlcWir nnd
pit «(!V<-illytoci'iimid tral Imlt of
part (M>iiiitU>H a 11 d
of MlrtH., rt'^on
to
729
the hiHint-ifi (lotflK
r< itiiiii tii:il
1.
a-45 Iter ouDt,
wi'iithiT Killing ffiMt Oct.
:il tn Nov. VJ.
uvoralilu.
I"
Itifrrnt'it noreage
tovcryK'il.
From 7 to
III
Dee.
::
rHRO\If'[,F.
tint Hiihrtr-' tiiK.
Ii'.v,
qiii'iil,
?;riiiTiill.v viM-y
'.stall's,
1879.
Yi'llow
Viil
lltNcrtioiiN,
I
Stltl. lo
I'lt'k'vHoiimiiiKoiHl.
lliol
lii
PH|ll'clllll,V
lowi-r Mill-
Stniiil
.„_„
mm
iiiiich
.IMIlc^ tn|ici'
8tatnN mill
H'nippl Vttl.
I
I
In Sept.
Too
Staiiiloxi'rl-
I
THE
21, 1834.J
Slaml.
1878.
.
|
cloBCd Deo.!-"""*"*"**'™***
9'0 per cent.
'Jl.
1
raensely,
1
On
looked better.
the other hand, nearly all the other <
had <leprf<-iated from want of rain but the ge neroua rainfall, if foUowed by the warm tanshine, whloh
we look tot'
ward to in June, cannot but add largely to the agricuttaral
;
Very
»nn
good CnmplalntK
uliiio.st
ev-j
111
-Soiitlnvi^st' coltl;
neviT
wori40,
more espee'lly Killing fronts gen Inereated crop
In Jiilv. .\lso eral from Nov. 5
11'4 per cent.
caterpillars In to Nov. '.it.
fry where;
too miioh
rain In u
small SCO-
1880.
of PIckInK eonfinn eX' Yield, 6,589,320
tr.miply rainy and
earlyj too iiiiioh rain
Texas.
tlouofUiiir ana,
States.
I.oiilsl- Picking closed gen
and: eruUy BUbsoqiicnt
Inereat'd acreage
without to Jan. 1
damugo.l
ll-7i)crcent.
Atlss.
Ala.,
much
wealth of the countr,-.
The pro*p«ct of a continoaoca 0/
reasonable prices for food is again ft substantial one, and on*
which should give encouragement to trade : but of late tko
influence has been a negative one— that is to lay, althoogh no
activity has been produced,
Stand late Great drought FIcklne season exov'ywhore and oxtroinO| tremcly hot and
but with high tiMiipcra- ccnerally dry.
1831. April con- t're all tlirough Killing frosts from
dlt'ustiirn
the siiinmer in] Nov. 4 to Nov. 25.
ed fav.only the larger por-jPickingclos'dfrom
too dry A- Hon of the Nov. -iiO to Doe. 20.
Yield,
Deertaied crop
17-5 per cent.
I
hotin June South.
5,433,845
Inereat'd acreage
4-.'51
I
percent.
iStand good Season farora- Picking season gen- Yield, 6,992,234.
some-
but
what back
,,ie
,
.,
thoughl
°
w'rd.oning *•""" '^*™
^
"'I
tocold.Vpv. times
lujtenrlyM'yi
1882. but siibae-, pialnta of too'
,
,
,
qn'nt vvanii' '""^l' rain and
seasonable at other times
weather ^f drought in
^.
,^,
ver>- rapid portions of the
imp'vem't. South.
j
'
able. Killing frosts
Inereaited crop,
„ 1 to30. Pick-,
t
Nov.l3„».,,>„,
'
28-6 per cent.
I
caused
ing closed
about,
„,
Dec. 31.
_,
lOeereae'd acreage
'
I
1-55 per cent.
latciOreat drought Pickingseason gen- Yield, 5,850,000,
e.xecllent
but fairyt ani e.xces
crally
estimated.
gojd Juiiei temperature in for gathering in
Exces-I Tex.is all 9um- I he crop
i.
crop,
Deereated
Same Killing frost Nov. 1
tlve June lucr.
rains ii>| oouditions to Uec. 1
10'3 per cent.
Atlantic clscwhmeonlyv Pi eking closed
States and in most cases about Nov. 15 toi
Inereat'd acreage
gome other less prolong'd.] Deo. 5.
5'18 per cent.
seetiiius.
I
'
I
!
pi0ttctavgg®0mmerctaX guglisft W^cxos
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXOBANQK ON LONDON.
EXOHAHQE AT LOSDON-June 6.
Ort-
Time.
Laieil
Date.
Bate.
Amsterdam Short. I22ia »lZ-3>3 June
Amsterdam 3 mos. 12438 S12-4''8
'June
20-02 « 20-66
Hamburg...
Titne.
6 Short.
Short.
9-20-66
Juno
®20-66
.rune
12-33 312-40
June
Vienna
25-43^325-46^ June
Antwerp....
Checks
2,'S-3:»9*2.i-42»s Juno
Paris
3 mos.
Paris
Checks 25-lH%®25-'-'3^ June
June
et. Petersb'g 3 mos.
239ioa23l^8
25'42i3»23-47>«
Genoa
4«i2«46'8
June 6 3 mos.
Madrid
Berlin
Frankfort...
Cadiz
Lisbon
Alexandria.
Constant'ple
New York. . 60 days
Bombay
....
Calcutta . .
Hong Kong..
Blianghai
.
—
The Bank of England return is leas satisfactory, the denuuMl
for gold coin having lieen considerable, owing to the Canadian
demand (which has absorbed
to the
payment
20-6-i
20'(J2
Rate.
12-11>!J
20-47
20-64»3
20-45
l'2-2t
20'36
252']»a
25 22
24-00
£968,258.
reaolt
The falling off in the total reserve is
The supply of gold held by the Bank is now £24,-
against
507,463,
3 mos.
[June
IJuiie
iJuiie
I
Juno
June
June
June
Cables.
•
t*
4 mos.
while
£20,826,983;
the total reserve
ia
£14,.583.758, against £10,943,667 in 1883.
The Clearing-House return on the last settling day on the
Stock Exchange shows total clearings to the extent of only
£40,962,000, against £57,472,000 on the corresponding day last
year—showing a decrease' of as much as £16,510,000. This
falling off may be attributed in the main to a oiminution in
Stock Exchange business, and it fully accounts for the com*
which are made.
Without being active, the money market, both as regards
loans and discounts, may be considered to have been rather
firm during the week. There has been no distinct tendency,
and nothing has transpired to produce an effect. There is no
expectation of any great change taking place in either direction.
At tliis period last year the rate was 4 per cent. The
discount houses yesterday advanced their rates of interest for
plaints
deposits one half per cent.
The following are the quotations
for
money and
the interest
allowed by the discoimt houses to-day and same day of tho
previous five weeks
47bO
Open ntarkel
52>3»32aie
Is. 7080.
Is. 7i)sd.
The
has been that the proportion of reserve to liabilities, which was
last week rather more than 48 per cent, is reduced to 46'73 per
cent. The comparison is, however, with 35'73 per cent last
year, and an improvement of as much as 11 per cent la
therefore indicated. The decrease In the supply of bullion
amounts to £631,503, and there is an increase of £336, 7.V) in
46'!!a46'^
48^4140
£200,000) to the holiday roqnin-
Ciovemment salaries.
of
the note circulation.
Stand
1883.
have tended to raise our commerce from a poaition of somo
anxiety to one of comparative confidence.
ments and
eraily very favor-
any serious relapse has bean
prevented. Cheap food and cheap money have, thmfoco,
exercised a considerable, if not a powerful, inilaenc«, and
97 14
109-75
faH»pnet»tbt
London
4-8i;^
Is. 725:,2<1.
Is. 7%.l.
8«. S^a I.
6s. IVl.
TrateBim.
Ma
I
i
Tkn*
Ibvr
Six
Stack
ITondU JTontk* MmUht Montlu H'Mtlu Monllu BmiUa.
Thru
May
»
~
[From oar ovn correspondent.
London, Saturday, June 7, 188i.
Partly in consequence of the holiilays, which a,re at this
period of the year very popular in the north of England and in
Scotland, busine&s, both commercially and financially, lias
been very quiet during the past week, and no features of an
encouraging nature have presented themselves. The wool
trade has shown fair signs of Imoyancy, but all other departments of our commerce have been exceedingly tjuiet. The
unfortunate position is that the prospects of improvement are
decidedly remote. Not only are manufacturers and the wholesale houses operating with great caution, but the public generally are exceedingly careful, and are buying strictly to sui>ply actual wants. This careful jKilicy on the part of consumers naturally restricts the wholesale trade; but it is quite
Imltmt sHiiWi
rat**.
BmtkBUIe.
•'
»i
18jS«
23
"
Jane
t)4«i7<i
fbur
Six
|
iMa - iM» - m«sv4
H» -|tK«lM »H» -
«>,
80| ?l« It**
i
>*''-i
p^"*"*"
7 I*
'«
>'»B.\
U
Omtt.
«iwsM**
«
i'^vmt
•*••
'
e'
-1
oHntam*
•sm'su^'.'
m
IHi'l -^
an
The following return shows the present podtiott of tk»
Bank of England, the Bank rate of disooant, the prioe off
consols, the average quotation for English wheat, the price off
middling upland cotton, of No. 40 mule twist, fair Sd qnaUty.
AAA
and the Clearing House return for the past week, oompand
with previous years
A
Other deposits
Oovemin
t securities
OUier securities
Bes'VB of notes
Cdn and
A
IWl.
issr
18S3.
1884.
CbtmUtlon
PnbUc deposits
2.'».673.705
35.S33.31S S3.W89.G75
s.a'u,iii
j2.1a7.139
2
7
72". <;:?
.
2«.«t».170
'.na.ieo
»!Cfl.-t5t
-.-•.nei
-
12.-.01.rtll»
il.737.57l
coin 14,583,758
bttUkMi In
both deportments.. 24,907,463
U
.
--'..MW
..
10,91J.C6
1 :.fvi
'i •;»
1
4.ts-i.»4»
30,S36,M3 aS,141,MM U,MJ.IA9
:
.
THE CHEONICLE.
?30
1884.
1883.
18S2.
1831.
S.
«
£
£
Proportion of reBerve
35%
46- 73
to liabilities
2i« p. c.
.^dlOD^e
37i-. 7d.
Bankrate
CJonaols
Ene. wheat, av. price
Mid. Upland cotton
4 p.
43>4
3 p.
c.
4{i38
21s p. c
0.
xdltCs
xd 0038
103 %
lod
i:u.
47s. 7d.
438. 5d.
55id.
tiHieil-
.5;3,«d
10>4d.
lOd.
9 ''gd
No. 40 mule twist ....
Clearint'-House ret'n. 12 2,052,000 107,035.000 100,780,000
HTgd
O^d.
.
•
The Bank
chief Continental
have been as follows:
of last season, statistics were collected from the larger
of markets;
June
Wheat
(irs.
Barley
Oats
188 2-3
2 115,640
1,910 58 t
219,517
2,3ii3.13t
2.0l2,9titi
4G5,508
AVERAOE
May
5.
29.
May
May.
23.
15.
Bank
Open
Bonk
Open
Bank
Open
Bank
Rati.
Market
Bate.
Market
Bate,
Market
Bale.
ax
3H
Parii
Berlin
2X
2'^
ii4
Frankfort
m
HamboTK
AmBterdam
Bniuela
Madrid
Vienna
6t.
Open
Market
6
Petersburg..
2«
2H
2«
2«
S
5
m
5
6
e
8
3«
3«
In reference to the state of the bullion market during tho
past week, Messrs. Pixley & Abell remark
Copenhagen.
Barley
Oats
Price
Price of Oold.
June
6.
IfayHa.
June
«.
d.
d.
77
Bii
5
Ojr
Silver.
May
29.
—
Bar ftold. fine
os. 77
Bar gold. contatn'K
ao dwta. BllTer..oi. 77
Span, doubloons.oi. 73
B.Am.doubloons.oi. -3
U.S. gold coin..,08. 76
9«
Bar silver. flne..oz. 00%
Bar silTer.contaln-
18S0-1.
1,431.493
1,(>73,745
161,152^
203,513
s.
d.
41
33
7
1831-2.
1880-1.
d.
s.
d.
I.
43
32 1
32 9
21 3
21 2
24 1
into cwts. the totals for the
19 10
1883-4.
cwt. 34,567.490
Wheat
^
i<i
.5
cereal produce
weeks of the
average price
wheat in the
flour afloat to
1831-2.
29,0011,900
1882-3.
36.071,010
The following return shows
1880-1.
24,817,212
extent of the imports of
into the United Kingdom during the first 40
season, the sales of home-grown wlieat the
of English wheat, the visible supply of
United States, and the quantity of wheat and
tlie
the United Kingdom, compared with previous
mPOKTS.
Wheat
1883-8 4.
.cwt. 38,765.719
1882-83.
50..514,996
12.4-.'3.930
13,834.9:6
11,368,^96
1,744.506
2.097,536
15,961,321
13.463,048
Barley
Oats
Peas
8,600,923
1,315,494
1,925.933
19.803.363
11,454,709
Beans
Inlianoorn
Flour
1881-82.
45,813,073
10.812,42S
7,837,248
1,537,292
1.414.827
16,907,577
7,462,681
Supphes available for consumption (40 weeks), not
stocks of foreign produce on .September 1
1883-84.
1881-82.
188283.
Imports of wheat, cwt.38,765,7 19 50,514.996 15,813,073
Imports of flour
7,4'j2,681
11,454,709 13,463,048
Sales of liome-growu
produce
34,597,490 38,671,040 29,006,900
1880-81.
43,743.925
9,693,068
7,394,833
1,792,983
1,831,773
26,418,800
19.080,878
including
:
Total
84,787.918 100,649,034
8:,282,651
1880-81.
43,743,925
10,080,878
24,817.212
78,672,015
7i
Av'ge price of GngUsh
wheat for eeason.qrs.
393. J.
41s. 7d.
Vislblesupply of wheat
IntheU. S
bush. 18,000,000 21,000,000
Supply of wheat and
flour afloat to
Kingdom
d.
<.
number
Converting quarters of wheat
whole kingdom are estimated as under.
:
Gold lias beea in strongdemand duringtlie week, but the arrivals have
been extretcely limiied, the total imported being £5, "30 from Brazil
and Australia. The •Moselle" takes £10,000 to the West Indies and
the P. & O. 8 S. "Mlrzapore" £35.000 to Bombay. £130,0U0 have been
withdrawn from the Bank of England, of which £100,000 are for Canada
via New York, and the rest is for South America. The " Poehanur,"
sailing to day, takes £7,003 to Bombay and £10,0 JO to Calcutta.
Silver. — Business has been limited, and the price has been maintained
in the absence of large arrivals at 50 13-Kid., at which rate the spcciiex "Delambre," Ac, was fixed. To-day, however, with a Coutiuental
inquiry, business has been done at SO'sd., and we pive this as the quotation. Tlic arrivals are £2-.', 380 from the Riv<r Platte and £2],-.iO)
from New York. The "Moselle" takes £10,000 to the West Indies; tlie
"Mirzapore" £77,800 to Bombay and £15,000 to Calcutta. The
"Peshawur." sailing to-day takes £32,000 to Bombay.
Mexican Dollars are 8te«dy at 49 13-ied., and as supplies are scanty,
business has been nominal. The only arrivals are £9,720 from New
York. The P. & O. Steamer takes £116,500 to China and the Straits.
The quotations for bullion are reported as follows:
39
32
Pfrqr.
1881-2.
1.H73.4 75
1,015,011
PRICES.
1882-3.
d
s.
Wheat
Interest at
tlie
SALIiS.
1833-4.
1883-4.
Ratetof
40 weeks of
first
season, together with the average ijrices realized, compared
with loO markets in previous seasons. During the latter part
93,2G2,0o0
and open market rates at tho
now and for the previous three weeks
rate of discount
cities
England and Wales during the
kets of
XXXVm.
[Vol.
46s. 7d.
438. Od.
10,376,000
16,900,000
United
.quarters.
2,318,000
2,340,000
2,166,000
d.
go 13-16
The Continent is still absorbing a considerable quantity both
of American and Russian wheat, and is likely to continue to
do so until the new crop is freely available. From St. Petersburg last week the exports of wheat and oats were; Wheat
to London, 12,.516 chetwerts; to other direct porta, 10,150; do.,
or.
Chilian dols
for orders, 6,045; to the Continent, 48,817 chetwerts; by sail,
G«r. gold coin.-.oz.
for orders, 3,753 chetwerts; oats to London, 4?,104
chetTenders for £1 ,300,000 Treasury bills were ojiened at the Bank werts; other direct ports, 3,127; for orders, 23,143; to the Continent, 15,366 chetwerts.
of England on Wednesday, and the whole amount was allotted
in three months' bills. Tenders at £99 lis. 4d. will receive
Engrltsh Market Reports— Per Cable.
about 61 per cent and above in full. This is equivalent to a
The daUy closing quotations for securities, &c., at London,
discount rate of £1 14s. 8d per cent. The average rate is offi- and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending June 30:
cially given at £1 14s. 8d., 89 percent.
77 11
73 an
73 8X
79 3K
11
9H
sa
8H
Messrs. Morton, Rose
&
IngSgrs. gold..os.
1
1
5l!i
51 3-16
13 10
13-18
54
Cake silver ...oz. MJ4
Mexican dols...os. 49 13-16 49
Co. are prepared to receive applica
London.
Sat.
Ifon.
wed.
Tuet.
Thur:
m.
50%
50%
tions for £138,000 five per cent sterling debentures of the city
of Winnipeg, Manitoba, in
sums
of £100 eacli.
A loan for £350,000 for the corporation of Leeds is announced.
The bonds will bear interest at S}^ per cent, and the minimum
price at which tenders will be received is £100 per £100 stock.
The opportune fall of rain has naturally had its influence on
the Corn Exchange but it has chiefly affected tlie department
;
for feeding stuffs. These were rising in price, in consequence
of the drought, but this "dripping June" weather has naturally
altered the prospect, and we have now reason to expect not
only green pastures during the hot summer months, but also
fair average crops of barley, oats, beans and peas, as well as of
roots and potatoes. To a large meat-consuming country like
this, an abundance of cattle-feeding stuffs is of paramount importance, more especially as we experience no diflicuUy in pro.
curing ample supplies of breadstuffs, even in indifferent seasons.
Our imports of wheat have been very moderate during tlie last
few .weeks, but the deliveries of British farmers are still rather
considerable, being nearly 300,000 quarters weekly. Millers
buy wheat, therefore, chiefly to meet actual requirements, and
are unwilling to pay higher rates, even for superior white sorts.
They seem to be keeping their stocks at an average working
point, and no doubt this is a judicious course to pursue.
The following are the quantities of wheat, flour and Indian
com estimated to be afloat to the United Kingdom, Baltic supplies not being included
At present.
Last year.
Last week.
1882.
Wheat
qr8.1,88i>,000
l.Qi'i.OOO
1,91.1.000
2,018,000
Flour
Indian corn
215,000
314,000
221,000
247.000
19H.000
39>,500
2-i<>,(i00
308,000
In the following return is shown the extent of the sales of
home-grown wheat, barley and oata in the 187 principal mar-
peroi
;0'8
iO's
f013io
9958
99=8
^934
Consols for money
Consols for account
9 9 •'8
Hg'a
99"a
Pr'oh rentes (in Paris) tr 70-25 X 78-37'a78'3:iill
113% 11334 113!H
U.S. 4issof 1891
!22i8
12233
12238
U.S. 48 of 1907
4514
4538
Canadian Pacilio
4 4'a
7338
72%
Chic. Mil. A St. Paul
733a
i4-8
I414
15
Erie, common stock
122'8
12158
Illinois Central
., 12 '2
5538
55
Pennsylvania
Si's
1-214
13
Philadelphia & Reading 13>4
10538
104
^'ew York Central
:o:.=8
Silver,
d.
Liverpool.
nonr
Sat.
(ex. State). 100 lb.
Vheat. No. 1, wh.
SiiriuK, No. 2,n.
Winter, South, n
"
"
"
U
Mon.
11
3
n
8
7
8
7
7
4
7
9
9
8
9
8
7 10
7 5
7
Winter, West., n "
7
"
7 10
Cal., No. 1
"
7 5
Cal.. No. 2
Corn, mix., old...
6I3
Jorn, mix., new..
Pork, West. mess.. ¥ bbl 63 (1
flacon, long clear .... .. 40 6
Bsef, pr. mess, new,WtCi80
Lu-d, prime West. IS) cwt 41 9
|51 6
Oieese, Am. choice
7
99i3i„
9916,8
;840
78-27%
113\
113%
i2-;3„
l-.'238
114
122
4513
45 'a
71%
I414
121»8
5458
1238
lOl-'a
SI"*
12>9
12k
10533
102
Thun.
Fri.
3
11
8
3
II
7
4
d.
7
7 4
9
7
8
8
8
8
7
5
5
6I3
5
S3
40
7
54
1438
5458
s.
5
11
12Ha
d.
7
9
69^
Ilia
1211*
t.
711
68
40
30
4413
71i<i
d.
711
6
99i3i« P9l5,g
9915.8 100
78-32 >«
Wed
Tuet.
*.
5013,(,
6
I
5
63
40
80
80
41
53
9 8
7 8
7 11
7 5
.0
7 11
7%
O
6
7
5
5
68
40
7
6
80
41
41
53
|52
National Banks.— The following national banks have
lately
been organized:
3-_06— The National Bttnk
$1110.1100.
Capital,
of Commerce of Minneapolis Minn.
V. Q.
William Powell, Cashier; no Prebidi-nt
;
Hiirsh. Vice-President.
First National Bank rf f-terling, Kansas. Capital, $50,000.
J. H Sm th, President ; P. Iliinro I, Cashier.
3203 -The First Nil lonal Bank of Holdrege, Neb. Capital, $50,000.
K. r. McGi-ew, Cashier; no President.
3209— Th" Mount Jackson Na ionni Bank, Mount Jackson, Va. Capital
$")O.0(i0.
Joseph I. Trlplott, Presldeutj J. Fred. 8. Oood,
Cashier.
3207— The
..
JUNB
.
IMM.
21.
'
1
THE rHROVK'TK
I
New
FoREioN Tradr op
YonK-MoNrici.Y
Hi
v
.
mini
i
in
Mondajr, wli«n th*
iwntorn bowl* will tm
addition to tho forcKoinK tiil)k>.s, iimdo up from w.ckly
rclurnM
we give tho followiiiK (iguii-a for tli.. full iuontli.M, uIho
by our
Now
tlio total
\ ork Cuntom House.
The
ntntemont covom
first
iinportH of iiu>rclmndiH<>.
Onwrol
Dry
Total.
York;
t
t
t
13,598,880
8a.80S,SI4
39.997.701
February
Uaroh
87,»15M0
1I,S»7,8S4' 88.175,800
ll,3ig,4aS| 81,304,001
39.673,030
48.7 13,480
18.845.318
13,730,717
April
0.793,803
May
5,754.403
83.759,785
32.710,883
41,800,018
40,479,787
80,748.010
18,384,!>74
89,854,887
48,188.701
7,94(1,030
89,148,898
89,813,457
»>.080.4S4
8«,«89,700
7.48n,S0S
I
54^778.748 148,874 JO I 197,063.8»>
BXPORT8 FROM NEW TORK.
nun XenkauMu.
^t «r<w rork.
1884.
February
83,087,998
April
88385,838
Hay
84,003,308
88,881.933
88,480,300
38,094.094
88,101,404
87,837,003
March
1I.480.';88
18.438,301
,
9,840.8i!8
9.191,388
,
«,»09,?87
8,148,813
51,403.'.35
54.547,943
April
Total...
Imports and Exports for the Week.— The imports of last
week, compared with tliose of the preceding week, show an
increase in dry goods and a decrease in general merchandise
The total imports were 1:8,023,423 against $7,974,367, the preceding week and |8,.")7.5,163 two weeks previous. The exports
for the week ended June 17 amounted to |6,389,200, against
week and
fj,2.54,394
two weeks
in January:
rORK[ON IMPORTH AT
For Week.
DygooOa
NEW
TORE.
1881.
1882.
1883.
*1, 191.663
il.879,U8
$1,697,280
6,326,113
1884
6,751.464
9,038,976
$1,109,610
9,020,669
$7,949,127
$10,913,124
tl0,430,279
$8,023,423
$50,695,785
143,317,539
f 63,25 1, 229
$56,979,113
$55,154,595
174.862,8S7
154,077,3!!5
l.'>2,076,604
a in'Tmer'dlae..
1-
.1. Siniih. C.
Wlliliim l.ndd. Tl.
r
\
r. J
CooiWi
iirarioa It
FalUi
f-
i
roJCftWI
Ifnni.
U
/>ni>y. - William
ii
Niiilih. Ji.1,11
1
1'.
I
Hi
Trrmimt
liMiiip.
T. J. r<M)il,lp., llHiirv
Kadleott, Jr..
Miilr, r. H.
liiiliU
1.
Dry goods
Gton'lmer'dioe..
Total 24 weeks. $199,013,324 $233,111,116 i2 1 1,056,998 $207,231,199
In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending June 17, 1884, and from January 1 to date:
EXPORTS PROM HRW TORK FOR THB WKBK.
1881.
For the week...
Pfev. reported..
1882.
$7,709,059
170,310,512
$7,014,879
140,367,151
Philadelphia* Keadinic.—The U. 8. CircnH Court Km
company to borrow $3,000 000
and issue certificates therefor. On June 1 Mewrs. Drez«l A
Co, advanced $680,(K)0 to pay tho coupons on the ooiwoUdatod
mortgage bonds, and it may aeem to aome to be an axtrHiw
view of the legitimate iih/
r<Hv>iTer'o certifiootea that tiiajr
"It
is
ro-payment of that
ordered and di^T*
pose,
to
borrow
,
u-
of rctirin
upon the 1st irgtar
gana diited June
waaes due to tho
1884.
$6,389,200
131,854,272
Total 24 weeks. $178,019,601 $117,402,030 *161.299,032 $138,213,472
The following
at the port of
shows the exports and imports of specie
for the week ending June 14, and
1884, and for the corresponmng periods in
table
New York
Huce January
1883 and 1882:
1,
EXPORTS AND IMPORTS OF gPEOIB AT
NEW
Week.
Qreat Britain
France
.........
Since Jan.l.
SineeJan.!.
m
2,380,946
1,139.451
3,850.015
240,235
$
4,352,821
.
564'93i
72H,358
8,500
106,420
$69,240 $37,617,329
46,440
217,190
l,011,2t3 27,138.371
S8.053
26,943
16,239
$3,867,702
4,-01,127
560,020
isojfVoo
17.000
.
Tctal 1884
Total 1883
Total 188J
Week.
l,Ci8,<»I0
$2,240 $26,401,243
Germany...
West lodiea
Mexico
South America
All other countries.
TORK.
ImporU.
Xxporlt.
•
Pblladelpblt *
are hereby aui hnrtznd and
'"ig »2.ooo OfiO for the pnf-
.selvrra of the
ReudliiK Uuilrond Coni'
powered
first,
'
..
'>^--'
'.
the said
and
intrrfst falling d««
>>y the coD«oll(Ut«tl oortfor the poymeat •t tbo
.^
Philadelphia dt Iteadliu
MphiaA B«adlDs Ooal A Iron OmStherefor In Ibe form r<<eomni«nde4 b*
tho mnster,
lit H rate not ezoeedloK 6
crnt par i
num for the money borrowed to pay waces. and nut per
exoerdlnjr 9 cor
cent for llic money borrowed to retire and pay thfl »a!d coupons and taterest. And the receivers of the snid Philadelphia A Reodlnr Railroad
Company and the Philadelnhia &. Kradinic Coal &. Iron Cumpaor
authorized and empowered to Issue eerif" '>'»»'-—'• '•.•r.it at not
oxceedioK 4 per cent per annum to the
inp<iD:a<
holdini? einiins for materials ami siippli'
i, l^m
In the form rconnimended by tho ui4.<i((i. ,,
'"t^ ^u" aMricaM
amount thereof shall not exceed the sum of $l.0OU,uou."
Rtiilruiid
'
Company bim
pany: and to Issue
ceri...
bearinic Icitnr
an
c
<
wm
Pittsbnrg Sonthern.— At Pittsburg, June 18, a decrea
made in the Common Pleas Court in the case of John D.
Scully and others, representing the Baltimore & Ohio R^road
Company, against the Pittsburg Southern Raihroad, declariiu'
the mortgages executed by the defendants to the plaintiflb
first liens, and directing the sale of the company's property,
corporate rights and franchises to satisfy mcv^agea agxr»>
gating 11,042,000. The Baltimore
Ohio Company holda tba
mortgages and has operated the road.
&
Wabash St Louis & Pacific.—The
1883.
$7,153,823
157,145,209
P. Halto.
authorized the receivem of ihis
•
Total
Sitiee Jan.
!».
Pmo0U.cT
trd D. Adanu. Rotxirt Barolt, Unnrjr ralllBs. r. H.
V
('. ,\-
should be issued in jKirt
The order of court road
The
previous.
following are the imports at New York for the week ending
(for dry goods) June 12, and for the week ending (for general
merchandise) June 13; also totals since the beginning of first
week
and
nir-rtiittiiirh':
!t. Jr.. Chili;
.I.J. III,.,-:
LowIb, R. Koilifer aud
ii,7o?,o«i; 18,574,838
18.004.811 18.191,003
18l,SS.i,750 144.758.053
f8.43.'),075 last
N. !•.
Lewi".
Nttrlhrrn Viitijlr
1888.
January
February.
May
"
OrWill
lis,
Karch
Total
Biarl>ii''K.
well, J. J.
»
20.708,785
83.531,800
lln
Smith,
1883.
•
<'li
'
J(on(A«.
1884.
e|«ot«tl:
Brook n.iil (. ii. i.r,i, „r r„iiu, ,1. ii,.= .„.i .
board arc Messrs. C.lljy anil Hall, wh>i nuirrcd X.M
oey III pliii-i'
Inplacn c.r
Orrgim I
CD8T01U RBCKIPTS.
Jtfoheiu.
ton wvr«
\
,'
88.471.888
Total....' 01.808,7481 144,444,038 180.313,387
.f
lluui
ijkili,
«
Januarr...
hi!ld.
Oreifnu Hnihrnt/
Knili
IMol.
Mtrthatt-
Oootto.
iHm.
,
I
wcro
panii'H,
Merchatu
ihu
<oa JgM^ConUnontol.
Or.').
1883.
Co«m
unmi •Motions
»LeUan»\
at
mni AasllUrr
-
1
18m.
Ottural
Dry
Or^roii Kiillnar k N.vlratlo.
,....
^, ,...,...
nlPH
NRW TOBK.
IMIMKT8 INTO
Oooif*.
i
'
it«<iu><i
650
bondholders of thia
to take measures immediately to protect themselves against the issue of a large amount of receivers' certificates to pay oiT floating debts held by the directors and friend*
of the company. When a railroad goes into the hands of a
receiver the effort is often made to get such certificates issued
by the Court for the purpose of paying off notes of the company held by officers and directors, which are nothinic
than plain floating debt and have no right to a preference orer
the old mortgage bonds. Let not bondholders suppose that
certificates once issued will be held to be secondary to tha
mortgages; the only way to prevent them from being prior
liens to the mortgages is to oppose their issue from the start
for any purposes except the acknowledged legitimate naea o(
paying for wages, supplies, &c., to meet current expenaes at
the property. "The Times says:
" The |<r<i|H>sed Issue of reoeirers' certificates (o take car« of the floa^
company ought
man
iiie inrlebleilni'S'* of the Wabash Company Is eieltlnif much dlscnsatoa
Some of the liondholders ar« disposed ta
in certnin IIiuithIiiI quarters.
dispute the iMsuniption that the pros|>«ctlTR rertlflrates will have priority over the lir^t mnriga^e bond* as liens upon the prureny. It Is
admitted tliiil reoeivem' oertiOcates usually takapreocdenes over all
other liens, but lu this rase It Is argued that as the wabasb was sol pat
into receivers' bands at Ibe instlsatlnn of bondholders notblDjr eon taha
tbe place of the first morlcage Hen. The receivership proooedloi|S woia
Instituted by persons holdinic some of the obllKallnns l>«lonalni( to tha
lloatme debt. One gentleman said "The floating debt oredlton ecr>
tslnly have no le^al right to step In aud protect ibeiiMoWes In ptotereuoe to the bondhuliiers. but that Is Just vba( Jay Gould evldaatly pr»
pcses to do. Ku call nlfurd to take up the oulstanding oolM baarlof bla
own Indorsement, together with that of 8age, Dillon and Hamphray*. If
tbe receiver cau be iuducetl to raise money on oerttfloates to tolmbuM
:
Silver.
Great Bjitain
German
West IniMes
Mexico
South America
All other countries.
*
$211.8
33,926
$5,427,909
470,908
79,766
32,146
8,506
20'<,817
/
43.900
83,990
.
Total 1884
Total 1883
}25 1,226
62.430
Totari882
151,123
$6,317,521
6,352.021
6,395.016
•
32'.79d
23,355
6,033
$62,678
$1,063
37.652
300,562
1,339.039
83,144
22.109
2fl..S71
$1,837,974
1,998,360
82;401
l,3O:<,070
Of the above imports for the week in 1884, fl.OOO were
American gold coin and |4,614 American silver coin. Of the
exports during the same time |G7,000 were American gold coin.
Boston & Lowell— Boston Concord* Mont' eal— Northern
of New Hampshire. The leases of the two last-named roads
to the Boston & Lowell have been approved at meetings of
—
stockholders of the respective corporations.
Lonisrille & Njishville,— President Smith, of the LouisTiUe & Nashville, says that the representative of foreign stock
blm."
—The Homestake Gold Mining Company of
clared
its
seventieth dividend (for May),
Dakota has d*>
amounting to $90,000k
Dividend is payable in San i rancisco, or at the
agency of Lounsbery & Ilaggin.
New Ycfk
Auction Sales.— The following, seldom or narer sold at tha
Stock Exchange, were sold at auction this w«ek hj T'
Adrian H. Muller & Son:
BtndM.
$1,000 Sontberu Tel. Co. Itt
30
niort. 6«. d e 1902
9I9,C0U N. Y. Housntonlo A
Nor. UK Co. l«tin. 7s..$10
$35,500 Kepiiblle. of Cuba.... $3
..'ArtJM.
18 Bank of M.itihntt.in C.1..1.55
100 Meubanlok- NatlBank...l4U
00'
>ckey Club. 157
'
ey
:i«.
o
103
Asunclalioo. 4$
I t ...a.
10} Are>aory Transit Co. of
.;..
.
$31
NIO«ra«na
1 If.'W Y- rk i«no'y U'rarjr.
Sntileet ti'ft
prranaua
trsmMay. I8)«
fSl
.
)
.
THE CHRONICLE.
732
[Vol,
mand bills at 4 85i^(ffi 4 85X
follows
bills as
niviDBNns.
recently been announced
The foBowing dividends have
Samt of Company.
Per
Wnen
Cent.
Payanle.
SuFquehaiiiia
Boston & Lowell
Boston Rpvere B.
<fe
3Hi
2>2
L
marks 94%@94}^ and
1%
4
2>s
3J3
1
Morris & Essex
New York Lack. &WeBt.
New York New Haven &.
(quar.)..
3"2
1>4
Hart
5
4
Saratoga
Bock Island & Peoria
Stateu Island
Eensselacr
<fe
Bowery
Nationiil
July
July
July
July
—
June 17 to
June 17 to
June 26 to July 15
July
4>«8,1891
July
July
July
July
48,1907
4B, 1907
July
July
July
July
July
July
July
July
July
July
July
July
4
National
4
Hanover National
3I3
New York Nat.
4
Importers' & Traders'
Mount Morris
7
3
Banking Asso
North America
3
5
Oriental Bank
Park National
5
1
to
Interest
June
June
Periods.
14.
16.
..reg. Q.-Jan.
coup. Q.-Jan.
38, option U. 8 ..reg. Q.-Feb.
69, cur'cy, '95
..reg. .r.
J.
68, our'cy, '96. ...reg. J.
69, our'cy, '97.
reg. J.
J.
6 9, our'cy, '98
reg. J.
J,
69,onr'oy. '99 . .ree. J.
J,
&
& J
&
&
A
-
June 22 ta July
*
June 18 to Juue
June 21 to June
June 15 to June
June 21 to July
June 18 to July
June 21 to June 30
Thl9
U.
19
S.
4
June 27
1
18,
June June
19.
20.
11114
11914*11935*1 1912*1 19% *119l4*ll91a
12()i.jl 120t^| 120«8! 120%
I2OI4* 1201a
1001a IO11I3 *10038' 10038 i00%*;0039
'123
123
123
123
123
123
'125
'12.1
'125
'125
'125
125
'
'127
>129
'131
'127
'129
'131
the price bid at the morning board
Sub-Treasury.
'127
'127
'13158 '129
'13258 '131
;
'127
•lEg
131
127
'129
>131
no »ate wa9 made.
—The following table shows the receipts
and payments
at the Sub-Treasviry in this city, as well as the
balances in the same, for each day of the past week
:
Balances.
Date.
June 21 to July
June
Jiuie
17.
11138*11114
U15i*lll=9 111
coup. Q.-Mar. llll4'1113e lilts' Ill»8*ni38*llll4
..reg. Q.-Mar.
41*9,1891....
5
Eleventh Ward
have been mod-
1 to
June 25 June 2 1
Citizens' National
Commerce
June 15 to
$1
4
Cenlral National
—Government bonds
%
July
July
2%
Banks.
;
20@5
erately active during the week, at trifiing fluctuitions. There
were no transactions to-day, but the bids at 12 o'clock showed a
net advance compared with a week ago of '4 for the 4s and
for the 4J5S.
The closing prices at the N. Y. Board have been as follows:
$3
<}Tanlte
cables 4 86(3 4 86i^, and Continental
20=8 and 5 173^@5 18ii; reichs94J8@95; guUders 391<^@8978 and 40@
5
United States Bonds.
Sookt Closed.
(Days inclusive.
$3
•Chic. St. P. M. & O. pret (quar.)..
Connecticut River
Il chburs
Flint & Pere Marquette iiref
Francs
:
Railroads.
Albany &
:
XXXVin-
Receipts.
Payments.
Coin.
Currency.
miNcellaneous.
Brooklyn Trust
July
1
NEW YORK, FRIDAY, JUNE
to July
J'ne 14..
851,594 01
1,231,533 21 125.186,048 13
D.709,575 84
" 16..
1,539,260 32
1,205,412 64 1254-9.614 89 9,799.356 76
1884-5 1«. M.
" 17..
1,081.319 33
1.398.3(15 52 124,909,483 61 10,003.001 88
The Money Market and Financial Situation.—At the
" 18..
793,160 53
1,629,970 16 124,025,114 79 10,0.'i0.o60 10
" 19.. 15,970,611 59 16,5:J7,608 88 123. .143, 113 95 10,165,563 65
close of last week, on Saturday, J"' ne 14, the bank statement
" 20..
732,754 74
1,715,297 62 123,039,119 44 9,467,015 28
was particularly favorable, and, owing to the decrease in deposits and the gain in specie and legal ttuders, the surplus reserve
Total ..
20,968,700 52 23,963,133 03
above the legal requirement was .f 6,986j*30—a gain of $5,645,000
* $15,000,000 of above receipts and payments is a transfer from ona
from the previous week.
account ou the books co another.
In London the ease in the money market is shown by the
State and Railroad Bonds. Very little business has been
reduction in the Bank of England rate to 2 per cent, which is
promising for an investment demand for American securities, done in State bonds, and quotations show steady prices.
Railroad bonds have not been active, but have developed
whenever the condition of our market may invite their purfurther decided weakness for nearly all classes. This conchases.
To-day the markets were unsettled and confidence again tinued and unreasonable decline in bonds also has a depressing
shaken by the announcement that Commodore Garrison had effect on stocks and the financial situation generally. There
appears to be very little common sense among holders, and
made an a.ssignment.
Congress has but a short time to sit, and therefore its ca- they are as willing to throw overboard the best 6 and 7 per
pacity for evil legislation is becoming limited. From the pres- cent bonds between 90 and 100 as the defaulted bonds between
ent outlook it does not appear likely that any important bill 40 and 50. West Shore 5s have been conspicuously weak,
38ig.
On the other hand, Erie consols have
affecting trade, currency, finance or railroads will become a law selling as low as
this session. One of the important features this week was the been fairly steady for the week, within a moderate range of
agreement made between the Judiciary Committee of the fluctuations.
Railroad and Miscellaneons Stocks.— On Saturday, the
Senate and the oflicers of the Union Pacific Railroad, by which
all matters in controversy are put over till December, on tlie 14th, stocks showed some tendency toward improvement, and
prices
generally were a little higher, the excellent bank statecompany's now paying over to the Government the sum of
$718,81;). The managers of the Thompson bUl, which passed the ment and an improvement in tlie general situation having a
Hcuie June 19, and might be entitled " a bill to confiscate good effect. Since then, however, great dulness has prevailed,
the Pacific Railroads," claim that sucli settlement was unau- accompanied by extreme depression and weakness, the princithorized and tliat they will endeavor to push their bill througli pal exceptions to this rule being Missouri Pacific, Western
Missouri
the Senate; but it is highly improbable that they will succeed. Union Telegraph and, until Fridaj', Lackawanna.
The situation in the stock market has been dull and much Pacific is scarce in the market, and it is held up b}- Mr. Gould
depressed, not from any new development of facts, btit rather with the assistance of this short demand. The market has
from tlie general lack of confidence, the continued attacks of been almost entirely under the control of the bears, wliose
the bears, and most of all from the entire lack of strong sup- best point is in the circumstance that there is no strong party
port of prices from any quarter except for the two Gould in opposition to them. With the exception of the stocks named
specialties (Mo. Pac. and West. Union Tel. ), and for Del. & Lack- above, there has been no healtliy resistance to the decline.
The Vanderbilt stocks have been especially weak, New York
awanna. The anthracite coal companies have decided to suspend mining for two weeks in July and to make a slight ad- Central selling to-day at 98 and Lake Shore at 75i^, Michigan
Central at 64'^ and Canada Southern at 331-^. It is said that
Tance in the prices of stove and nut coal.
In the money market rates for call loans have ranged at 1 Mr, W. H. Vanderbilt gives no support to liis stocks, and
to 3 per cent, according to the collateral. Prime commercial it is concluded that he only waits to buy them at lower prices.
Lake Shore has undoubtedly lost much money this half-year,
paper is quoted at 5J^(S6 per cent.
The Bank of England weekly statement on Thursday showed and probably not earned its dividend, and in the face of this'
an increase in specie of £366,000, and the percentage of reserve the fact that it has earned 8 per cent most of the time durinS
to liabilities was 46 J^, the same as last week; the discount the past eiglit years is allowed to count for nothing. Mr.
rate was reduced to 2 per cent. The Bank of France gained Charles Francis Adams, Jr.. was elected President of the Union
Pacific, and the report of the Government expert on the com4,146,000 francs in gold and 511.000 francs in silver.
The New York City Clearing-House banks in their statement pany's financial condition was made public, and though it was
of Jime 14 showed an increase in surplus reserve of $5,645,000, more favorable than expected, the stock declined in symthe total surplus being .$6,986,500, against $1,341,.500 the pre- pathy with everything else the announcement of the suspenvious week.
sion of dividends for the present had already been discounted.
The following table shows the changes from the previous
Today the market developed an exceedingly weak tone on
^reek and a comparison with the two preceding years in the sharp attacks made by the bears on the Vanderbilt stocks,
averages of the New York Clearing House banks.
Lackawanna and some others. So far as the Vanderbilt specialties are concerned, it is well known that they have lost
1884.
Differ'nces fr'm
1883.
1882.
heavily in income during the current half-year, and it is also
June 14.
Previous ^^cek.
June 16.
June 17.
rumored that Gould is a bear on them to re-pay Mr. Vanderbilt
I/>ans and dis. $295,883,20f Dec (S,72&,300 $321,748,100 $317,4115,000 for his late refusal to give any assistance to oppose the recent
Specie
48,637,400 Fno 2,409,800
62,269,801
57.884,901 long and heavy decline in stocks.
Circulation
14.311,100 Dec.
31.100
15,802,401
18,.502,Ou(r
Many stocks were to-day at or near the lowest point yetNet deposits.. 281.111,600 De<', 2.211,000 317,690,200 304,612.0(0
Legal tenders.
28,577,0)0 Inc. 2,502,300
25,943,300
26,905, SCO reached. But the market simply knocks itself down byits own
I/Cgal reserve $70,277,900 Deo
$552,900 $79,422,550 $76,153,000 rumors, bear attacks.unloading of weak liolders and general lack
Hescrve held.
77,264,400 [no. 5,092,100
88,213,600
84,790,400 of support. The decline has not been forced this week by any
30.
—
;
I
.
Surplus
SB,98ii.500 Inc .S5,645,0(10
$8,791,050
$8,637,400
Exchange—Sterling exchange was dull but steady during tlie
week till Thursday at 4 86 and 4 88 as the posted rate for prime
bankers', while some drawers quoted at 4 85)^ and 4 87i^. On
Thursday rates weakened on the reduction in the Bank of
England's discomit rate, and on- Friday again declined on
a free offering of bills. To-day, on actual transactions,
bankers' prime 60 days sterlmg sold at 4 83i^@4 83^:^ and de-
new
facts of a discouraging nature on the contrary, the outis better in several iriiportant particulars— the crop re
ports are much better North and South the Union Pacific
status has decidedly improved trunk line rates have been
advanced ; tlie coal companies hold tlieir combination firmly ;
and railroad earnings are in most cases making a fair comThe tone and
p.arison with the immense receipts of 1883.
temper of the market is more generally "bearish at present
figures than when prices were 50 to 100 per cent higher.
;
look
;
;
..
June
.
1
THE CHRONICLE.
U81.J
21,
NEW YORK STOCK EXCHANOE miCEH FOR WKKK
738
SVSE
ENI)IN«
AND MNCE iA».
ao.
HI0HB8T AND LOWBnT PUOn.
STOCKS.
Satahlay,
Juuo
MoDtlay,
June
14.
TueMlar,
June
lU.
KAIIiKOAnH,
«£ suriqurli.inim
A N. Y. Air l.luo, prof,
BiirlliiKtoii red. luplda A No.
Wednawliiy,
17.
mm»tm.i.imi.
ttoWMk
Tbnrsday,
<Iuue IH.
Juns
iV.
•O"*....
38
38
*»*»
84i4
44*;
H>t
'85
57
<0>a
SB>*
4U'i
(Murw).
'OMlW.
1M4.
I.
I«w«i
URS^
W.
ntcfeM.
«wk
Albany
Bo8tou
44 >• 4B
Caiimltiiu Piirlilo
Cunikthi -.rtutlii^m
KatU
Ce<liir
it
HT*
NewJemey
Cenirstor
Clieaai>enke
<ft
44
44
B7
»lt>«
3tt4«
'I'.i'a.....
Do
2d prof....
OhlcKKO & Alton
Chicago liiirlluKton A Qulnoy
Cblcago Milwaukee A St. Paul
8>a
40i^
S-a
13
131,
's"«
•8
-7>a
11 '11
127
•12.1
41 >«
a".
40ia
H>4
IS
•12
•Th 10
•7
.ioo
Sftt.
5«
8B
8
8'a
14
12
U
•5
B>B
14
Uia
H\
i'i7'iia7i, 120 127
•128 127
128
113\«1I4
112HI 113
li2<a 11234. 110>4ll2<a 108*4
7(»»4 72 «
Oil's 70',
70«i 72 «
M'a Utt'a
88
69%
Do
pref. 101 Hj...!.. lOUa, 10«»4 103
105
105 1U5
104 IU4Si 101
.1^:1
»
Chicago & Nortliweatem
04 ^s imi.'
03 <a 04'. 93
IM^ DO "a 93 ", 88
Do
prof. ll!.->M,ii;8
l•Jli',V^«
I24I3I2S
1831, 124? IM
Chicago Hook Inland <t Padtic ilO»,112
UIXslKm, lUi|3^ lUD^ l24^,l'J4iI
100 111)
1U0'|1U8S 102
Chloagt) St. Louia <!b IMttsburg
V'4
•8S,
91.
8'a
'ni Bi^
Do
pref. 20
23 Ij •20
•20
23
23 ij ••JO
28 >« •20
231; 30
Chicago -St. Paul Minn. A Oni.
28 14
27
27 '4 27 »4
27 ij 27 "a
27 "a 27 <,
28 'a 27',
38
Do
88 <a 8111,
pref,
88 <^ 88
S8Sj 891,
»!', 88>g
88 >a 88 4
87
Clevelauil Col. Clnn. A Iiid
88 >a 39
HU^ 38
•8»
38
88
88
88
CleTelaud
A
Delaware
Lat-kii wan na«& West.
ll.'('4il3H,
DenverA Kloui-audo
£aet Touueseee Va. <<k Ma
Do
7
pref.
KvanaviUedi Terre Hanto
Orcon Bay Wluoiia A St. Paul
Harlem
HonatoQ
Louisville A Naahvllle
Loul.'.v lUe New A Ibauy
MauhattaQ Klcvated
Do
Do
* Chic.
Manhattan Beach Co
&
•'.'.'."'.
«9
Ws
70
57
31
13
57
«5a
57
WH
I«
UUwaiikee
Do
L. SU.
Do
10
dfc
"ai"
''.'.'.'.'.'.
188
•58
•80
•68
58
117><ill8
10
10
•8
9!^
83';
27'a 28"^
271.
•10
15
.'."."."
•68
58
•90
•90
•66
28>,
•81
•B>a
T't
,!!'.'•
IIM
BOS
188
65
58
•80
•46
6^4
*4'»
i^
68
«B
26 'a 27%
-90
66
'10
10
,
10
10
•18% 22
10
22
•lO
Missouri Kansas <b Texts
ll-a 15
14<^ 1494
U-s 14"a 13% 14
12% UV,
Missouri Paclftc
tb9'8 82 "a
89
90 >« 88>s 80% BO'S 91 '» 9ii« 82%
•8
Mobile* Ohio
B-a
8
8
9'a
7% 8
8% 8%
•120 123
MoiTis A Essex
118 121 *118 122 •118 122
118 118
Nashville ChattJinooga&st.L.
39
42
•37
41
•37
41
ti04i8l07
New York Central A Hndson.
103'2l0i'4 i03'>8 ios'li 102»4 103% 100% 103 v.
08 1003i
Kew York CUlo. A St. Louis ..
•6"4
BHl
(i'u
-6
eh
6
•6
6H1
6'a
e-il
6'a
6%
Do
•12
13
pref. •12
13
13
'12
14
•Ilia V<»a' 12
14
12
130 130
New York Eleirated
105 130
1U5 130
'105
130
120 130 •lOJ 130
New York Lack. A Western.. •85 87
861. 85»4
85
86
88
86
86
85
New York Lake Erie A West'n 14 la IS
IS's 14=8
1334 14
13>a 14
13% 14% 13% 14
Do
323, 32=i
pref.
32
S2
3134 32
3lia 32
31% 313,
New York A New England
11
11
New York New If aven A Hart.
177 178
New York Ontario A Western.
9
8% *8>4 10
8% 9
8
8%
8%
New York ^uati. A Western.
«3ia
•3
5
•3'a
Do
pref.
•9
18
Norfolk A Western
Do
pref
30
2934 30
30
29
29
Northern Pacific
19 '4 20
20
20 »B
19^4 IBij
19% 19"a 18% 19% 19
19%
Do
pref
45
47 "4
44%
441a 46 '.4
45%
44%
45>4
43% 44%
44%
45
• 13,
Ohio Central
*l->4
2>4
a
2>4
2
2
1% 1%
2
1% I'i
Ohio A Mississippi
20
2U'a 20't
20
20
20
17% IB
Ohio -Southern
•0
6% 83^
7%
Oregon Short Lino
15
15
13
13
12i8 13
Oregon A Traus-Cortlnental..
lO', 121^ "i6%"ii3;
lO'a 11%
10% 11% 10% "Vi
Peoria Decatur A E\ an-iviUe
•8
9
9
9
9% 9%
7
73,
8
7% 8
Philaitelplila A Knadiug
24
2418
25
25=6
23 >a 24
2334 23',
24% 24% 22% 24
'6
Pitisbure Ft. Wayne A Chic. 127 127
8
I
.
Rich.
«.
Allegh., st^k trustotfs.
Richmond A Danville
Rlcliniond
Rochester
A
A
We.st H't Term'l.
Pittsburg.
Rome Watertowu A Ogdensb
St. Louis Alton A Terre Haute
Do
pref.
St.
Lonls
A
Do
Do
St.
Paul
19
19
SI4
434
San Francisco
4%
43,
2%
IS
21 _
SB's
>36
'78
80
Istpref.
A Duluth
2%
19
i)ref.
Do
2%
4%
4<a
35>3
80
18>a
35>a
80
3%
15%
•36
18
4
15>(.
38 'a
80% 80%
16
3%
4
-19
*25
•70
•16
•36
78
21
80
85
20
173i
37%
80
Panl MInneap. A Manitoba.
South Carolina
Texas A Paclno
8G\t 87 '4
O's
10 1,
Uuio;^ I*acilic
39%
41>4
Wabash St. Lonls A
Do
Paoiflo.
pref
MISCELLANEOUS,
Tel. A Cable Co
Bankers' A .Merchants' Tel....
Colorado Coal A Iron
Delaware A Hudson Canal
Mutual I'nion Telegraph
Amertcan
2%
16
3»,
York A Texas Laud Co.
Oregon improvement Co
Oregon lt;ulway ANav.Co
6
12>a
86
81,
863,
•86
101^
9
39% 41%
63,
I214
501,
-8'a
10
94'-j
95
12%
80% 88%
10
37 "a 39%
6
12'a
no
30
I'J'a
6V
123,
8%
B
38
39
6
'3'a
•123,
61
Mining
•3'a
•20
pref
Western Union Telegraph
6i>4
dams
American
United states
Wells, Fargo A Co
..
ina«;tTve .stocks.
Atchison ToitHKa A ^auu> Fe..
Chicago A Alton, pref
60
50
80
61
•8'a
10
'8>a
10
•8
84'a
85%
91% 84%
10
•8
7%
10
94% 94%
Bl
60
30
82%
127
83
43
103
70 "ii
41',
loo's
13
13
07
69
41
41%
101 "a 101 "a
"3',J%"403,
4'v
4Vi
-31.J
4Hi
•20
23 "2
83
131
62%
128
x'80
95
491,
110
23 »
633,
131
93
48% 48%
103
110
12
12<B
99% 88 't
33,
•20
80%
'128
82
•48
105
83
62
131
92
60
106
38% 39%
98 >a 98% 99
99%
•3% 4>.^ •3% 4% •334 5
•20
20
31
23% •20
23
60% 61% 60% 01% f66% 80%
30%
128
88
4014
131
129
131
139
80
80
•48
•108
90
60
104
•97
•48
104
60
108
146
148
146
146
66
66
66
66
140
140
49% 49%
103
110
131
101
.
Warren
of
N. J
11'-, .i.in.
Ma'v
:;>.
I
6%
^
7H<,Mar.l,
61% Mar.
86 Ian. 4
69%Juao 7
MHi
^"i&J
Mar. 18
40 Jan. II
03 Apr. 16
»4'aMlk
4
10
Jan.
n
7
Ajir, lo
•
-
\
I
270 118
38 .M.., ... „.,
.;„.
70.512 98 JuueaOi22
810
6%May I4| 10% Feb.
SOU
9 May 14 20% Feb. I;
100 118 Jnuel3i.(0*j„Sil3
431 84 May 24 B4%Apr. 12
17.660 13% May 9 28%jS »
1.100 31 June 6 71
Mar. S
SOO
B May 16 17% Apr. 4
122 176 Jan. 15 184 MaV 1
1,860
7% May 14 18%Jaii. 7
3% May 27 6 FM>. 38
.1
I
Mu.
%
1
j
:o»
88%
$
1
10
10
28
SOO
460
May
17
Jan. 29
18%FBlkl6
11
Fab. 36
Feb. 16
Jaa. V
67%Jaii. 7|
Jnnel2 43
18% Jan. 26 37
6,678
63,838
40%'Jao. 23
U
21<
19
18
491^
:;
l%Juucl8 S%JaD. 7i 4g%
14% May 14 36'sMar. 1< 81
625
700
100
6
13
15
18,822
1.690
16,400
June 12
Junel'.i
14
10% May
9
Mar. 18
24
Mar.a2
34% Jan.
7
4
7 JuueZOi 17
Fob.
22 June 2j 60% Feb. 3?
100 127 May 15 135 Apr. 1
200
2% .May 24 6 Jan.
39 June 12 81 Feb. I
700 15 June 18 33 Feb. 1..
188
138
7
18
18
48',
I
.
3% June 18 18%
6,186
19% Jan.
Feb.
4
Mar. 21
Mar. 17
84
60
86 Feb. 6
37 Mar. I^
60 Mar. IC
96%A|ir. 1(
S3%Jaii. t-l
80 June 9 90 Jan. 86
79% May 18 99 Jan.
7
20 J ane30
76%Jnuel'<
1434June20
34 May 26
70 May 15
33 May 22
10
8
May 34
II
9
49
80
100 >s
70% 1*4%
,
886
360
220
M%
40
87
33
80
»4-
11
It
I
4,600
IM
80% S8%
May 84
'.
,
I
14
16
*6
80
40%
•7%
l«»>a
38% aTH
JuneSO 33% Fab.
35% June 20 84% Feb.
400' 6% May 14 19% Jan.
May 20 33 Jan.
May 16 61% Jan.
Jnnel4 137% Apr.
7%Jane2o 17% Mar.
88% May 23 114 Feb.
I
17 %l
'.I
1*
r
38%
)-
1>
K
87
118% 1^25
I
i
i
838
18S
8)
0%
9%
8%
181
8
sale
was made
at the
BoanL
t
Idwor
116
Feb.
'.
1-
prica la •x^tirldend.
81M%Mar'.'.
May II8»%Mar.8
June 8
16 Fab. '.'1
14 10% Jan. 1:
Feb. 18 3«4 Fab ll<
Apr 30
Jan. 8 81
7% Apr.
39%
no
Apr. 84
Mar. 21
81% Fab.
M
384
;
1S7
108
66 66%Jnael8i 80%Jan. 7
300 142 June IS 168 Feb. 1<
S3 Feb. 1 1 83 F»b. 1
1
Feb. 141 2 Jas. 1:
60 Jan. 81
Jaa. 3:
110 88 JitnrlBi 88 Mar. 1<
137 Aur. 12 145 Mar. <
46 ilMT 15. 00 Jan. :
180 1138 Juarl8 U8%Apr. 192% May 3' 88 Feb II
808
Pennsylvania Co.il
Spring Mountain Coal
These are the prices bid and asked
187%JinieI2
88 May 26
48 May 17
98 Mayas
l98%Jaa.
8%
43
14
89^
1:
l«tl%
86
May 18 17%Jan. If 16
138% Jan. 7 170 Feb.
»» Its
300 18 May 84 85% Jan.
S.060 67 June 16 112 Jan. 8)90 :i*o
12,790 81 May 16 68% Mar. i:
8S
4iH
2,973 90 May 84 117 Jan. : 118% 184
4 Jane 6
8%Fak. II
S
9%
300 80 Jano8(l S-J%Feb. I
30
48%
204,053 48 May 14 78% Fab. II
711, !V%
1^1
.
ICaryland Coal
New Ceutr.il Coal
--
8»%
'.
68% 63%
37% 38%
9534 88%
68% 66%
A OreeuvlUe.pref...
Oolnmbus Chic. A lud. Cent..
Bubiiry A Norwaik
Dabuque A siouxcity
A Chicago
Set
D A Ml.ssissipiu. pref.
tssoiaer A Saratoga
Texas A .New urieans
Companies
-
8
410
3,600
Columbia
-
9,600
72,428
12i692
262,870
51
.
a
.Mar. 18
1
1/%
11%
63%
8%
35% 37
6% 6%
30
,,„
Keb.
1
".J
32%
85%
12% 12%|
I
S2.
}'»y'^i\
'1^5% Juno 6
18 June 14
40 Jan. 22
83 Jan. 81
43 Jan. 38
12'a May 16
26 May 21
87 May 17
64 May 14
10 Feb. 11
no
843,
12% 12%;
;
I
100
720
8% B%
36% 38%
5% 6%
131,
1
'
•
vS^aJuiK' jii'io4>4 Mar.
7l)S
36% 86%
8
80
45,880
lUO
660
110
380
36
I
.M..V
»»,
.7%J
1.060
209,928
14% 15
36
1
114
610
100
•78
I'l
i.-„i,
]
40
M75
96
jio
I
Pulliunn Palace Car Co
Jniteil
June
O.li,
10
68
41
100
Pacitlc Mail
Do
8
825 »7
60
4
100 188
86
',;>
8% May
3.(t60
20
New
_,
June
pref
St.
<iaicksllvi)r
9
*
i'i,
M
11
PO%>Uy
11.875
8.150
1,100
34
9
May
May
June
2,26u
17% 17%
12% 18
80% 81%
May
2!
84
132
"eiii'Mii
34
8
H8
jjoa
8
20
68
10
26 >a
26 la
68
T
lIMi
400
'.'.'.'.'.'."id
-83 <a 80
pre/.
pref.
9>a 10
,71,
71,
75'a 771,
8
66
82
67
80
118>a
Jan.
ymH.
3.672 1120
1,776
3.841
1.846
4>a
7 -a
"26Ji"26'B
71
Western.
Lools
4
78'a 81>4
•69
72
27'a 28
'm"
1,655
UU.'ifnl
33^
36
If
Jiin«* I:i:i4ni4
KM
H.487
28
M«y Ml
7
194
I
1-ia'a
•81,
12
May m
May IM
\X'i'iH
'•'»«''<.•.?.'•.
98', lOOT,
-80
34
118>all7>a 114
81S
•86
a
4>
I
"a
7
•4»i
188
34
"si'
To
Umr II
*JSJniH>'iii
1,43«
I
ML.
il(>V
32
6I4
•4"a
t't
80
69 >«
69
A St.
Minnea^)olla
•81,
28 <a SO
W
Melropulitan Klevated
Michigan Central
7H,
llS-allS'sl 118>a lie's 117H118>«
'81
83
82
82*4
*11
I'J
11
11
10>a lO's
•8
UHi
It'll
91.
10
10
85
83
84'a 86'«
841^
27
Chiirleeton
4^
Va
•4>s
Istpret..
common.
102 "i ibds 102
ibo'iio'i'i
•»»4 10
9
81,
4 -a
4>a
»'4
4
?"
ioitiii
10 H,
*•'«
6
82
Lake whore
Long I Aland
ICeinithU
6
ibsH
10
71.
A Texas Central
llUnolH Central
Do
leaned line 4 p.c.
Indiana Hloomingt'n&Weflt'ij
Lake Krle <t Weateru
ioi'i^
40
...
PittMhiirg. guar..
ioi"jio;iVi
10
10>4
4»»
4^s
>.ouo
8>a
"s6\ •»6
"fo
*l\ 43
Ta •«<, 8
•n't
Istpref...
8>9
fi>t
412
Ohio
l>o
u\
8"9
Coiitral I'aclUo
•
»7
!I7>«
Mtunosota
—
.. ...
,
.
—
.
—
. ..
.
THE CHUONICLE.
734
[Vol.
JUNE
QUOTATIONS
OP STATE AND RAILEOAB BONDS,
^
state: bonds.
8ECTJKITIBS.
SECUBITIBS.
Ask.
Bid.
Bid.
Liulaiana— 7s. cons., 1914
Ex-matured conpon
Class B, 5s, 1906
Mlssonri— 6s. 1888
Class C. 48, 1906
68, dne 18S9 or 1890. .
6e, 10-203, 1900
711' 121a
Asyl'm or UiUr.. dKe'92
Arkansas— 68, funded
Funding. 1894-95
78, I^. Itock & Ft. S. iS8. *22
Hanulbal &. St. Jo., '86.
7s, Menin.& L.Rock BR
78,1.. B.P.B.&N.O.RR '::::::i'2d"'! New York- 68, reg., 1887
20
68, loan, 1891
7a, Miss. O. & R. R. RR.
68, loan, 1892
78, Arkansas Cent. RR.
63, loan, 1893
Georgia^ 68, 1886
N.Carolina.— 6s, old. J.it.T
78,1886
Fandlne act. 1866-1888
7b, KOld, 1890
Alabama— Class A,
SECURITIES.
Ask.
New
SECURITIES.
Ask.
Tennessee— Continued-
nih
Ijonds, J.&J., '92-8
all classes..
68, new series, 1914
C'mp'mlae,3-4-5-6«,1912
Virginia-Os. old
6s, new, 1806
Special tax.
Do
Wil.C.&Rn.B.
Consol. 4s, 1910
.
,
I
6s, 1919
OUio-68, 1886
South Carolina
6s, Act Mar. 23, 1869
)
non-fnnrtable, 1888.
5
80
*105
•10
District of Columbia—
3-65S, 1924
Tennessee— 68. oia,1892-8| 37 "a
68, new, 1892-8-1900 ...I "Sa
I.
38
44
42
8s, consol. bonds
6s, ex-matured conpon.
68, consol., 2d series
6s, deferred
Brown consoru 6s, 1893 ^105
•27'ai.
XXXVUL
20, 1884.
Bid.
N. Carolina— Continued-
65>4
1906.
H
'
111>1
Registered
Funding
58,
1899
RAII.RO.\D BONDS.
SECURITIES.
Bid.
SECURITIES.
Ask.'
Del. L.
Railroad Bonds.
<
'121
Ist, consol., guar., 78..
lat, 68
N.Y. Lack.&
Constrnctioi), 58, 1923
Del.ift Hud. Canal— lat, 7a
7s, 1891
Ist. ext., 78,1891
Coupon, 78, 1894
Regi3t«ro<l, 78, 1894 ..-.
i
W.—
Ala.Central— Ist, 68, 1018
Allee'y Cent.— l3t,6s,192'2
Atcli.T.&S.Fe-4 38.1920
SinkinKfund, 68, 1911..
& Pac— 1st, Cs. 1910. *57
Balt.A O.— Ist, «3, Prk.Br. *113
Bost. Hartf. & E.— Ist, 78 »-...
Atl.
'
75
18
Guaranteed
Alb.
Susq.— Ist, 7s
1885
111
1931
Registered, n.s, 1931
5s.
MU.L.S.AW.— 1st, 03,1921
133
1
Pitts.B.AB.- Ist,
lOOU,
,
Minn. A St.L.— lat,7s,1927i*120
Iowa Ext.— lat, 7s, 1909
2rt, 7s, 1891
S'thw.Ext.- lst,7a,1910
.
10218'.
63.
118
,
96
1911
Rome W.A Og.-lat,7s,'91,*107
,
1107
78
|81
51^ 52
A
96
60
Os, 1927
Ch.— lst,pf.,7s, '97|
Debenture
Atl.A
68"
60"8
Con.. 1st, ext., 5s. 1922.
llRoch.A Pitt.- let.6a,1921|
Consol., 1st, Cs, 1922.. ..I
Rich.AAlleg.— l8t,7s,1920
Rich.
Danv.—Con3.,g.,03
II
jlOO
1
131
120
','
124»4
—
Ask.
Bid.
'109
4th.3.fd.,6s,1892
St.L.V.A T.ll.-l8t,g.,7s, >116
2d, 7s, 1898
2d, guar., 7s, 1898....!
43
106
•100
Jack.Lan.&Sag.— 8s,'91. '102
Milw.ANo.— let,8s, 1910
Istcons., guar.7s,1906
106
103
Penn. RR.— Continued—
10434
P,Pt.W.AC.-3d.7s,1912
93
Clev.A Pitts.-Cons.s.f(L
6a,
....118
...
Ask.
103
Consol. OS, 1902..;...
1909
Coupon,
SECURITIES.
Bid.
Mex. Cent.— let, 7s, 1911
Mich.Cent.—Cons.7s, 1902 124
98
2d, 7s.
& West
l8t,7s
C.Rap.I.F.&N.— l8t,68
&
124
123
103
116
Pa.Div.,cp.,78, 1917
1st, Pa. Div., reg., 1917. *131
&
Cin.- -1st, 78..
Metropolit'n El.- •l8t,1908
2d, to, 1899...
ii7Ja'.
1st.,
Bur. C. Kap.&No.-l8t,6s 100.a 100»4
Mlnn.&St.l..- lst,78,gu. *125
la. City.
Marietta
Bonds, 7s, 1900
730f 1871, 1901
(Stock Excliangt Prlcei.')
SECURITIES.
Bid. !Ask.
& W.—Contin'd—
1
Incoraea, 1900
Pac. Ext.— Ist, 6s, 1921.
66
60
1906 115 1115411 Mo.K.A T.— Gcn'l,0s,1920
Scioto Val.— 1 at, cons., 7s
45
General, .5s, 1920
St. L. A Iron Mt.— Ist, 73 HO jlll
Registered
95=8
133
1904-5-6
941a
;101'4
2d, 78, 1897
Cons. 7s,
Rens. & Sar -Ist, cp.,78
63
97
130
Arkansaa Br'ch— 1st, 7s| .---- 10419
Cona. 2d, income. 1911.
Can. So.— 1st, Int. guar. 5s
l.st, reg., 7s, 1921
*
92 la'
Cairo A Fulton-lst, 7s 102
2d, 5s, 1913
H. A Cent. Mo.— lat, '90, ioo"
DenT.& rFo Gr.-lst, 1900 80
46
45
105
Cairo Ark. A T.— 1st, 7s,'
Mobile A Ohio— New 63.. 105
Rose.. 58, 1913
1st, consol., 7s, 1910
80
62
60
CoUater'l trust, 63, 1892
Oon'lr'v Al.gr., 53,1931
Central Iowa— 1st, 78, '99 100 103
Den.So.Pk.<S Pac— l8t, 7s 30"
31
75
St.L.Alton A T.H.— l8t,73 '111
Morgan's La.A T.— Ist, 68
East. Div.— Ist, 6s, 1912| *
Den.& RioG.West.-lst,B8
* »9
120
BlV Nash.Chat.A St.L.- lst,78
70
2d, pref 7s, 1 894
III. DlT.— 1st, Bs, 1913
Det.Mack.ifeMarq.— l3t,68,'
103
2d, income, 7s, 1894 .... 100
2d. 88. 1901
"Char. Col. <fe Aug.- 1st, 78
Land grant, 3 las, S.A...I ----120
Bellev.A So. 111.— 1st, 8s 1 15
Cbes.& O.— Pur.moneyfd. Ill
E.T.Va.*Ga.-lst,7s,1900 *116
N. Y. CentTal-68, 1887... 103
104
lOm st.P.Minn.AMan.— l8t,78 HO
64
Dob. certs., oxt'd 03
Ist, cons., 58, 1930
68. gold, series A, 1908 . 108
132
83
84 ,
|109
90
2d, 6s, 1909
N.Y'.C.A H.— 1st, cp., 78
6b, gold, series B, 1908
Dlvision.'U 58, 1930
132
30% 301a lEllz.C.&N.— S.f.,deb.,c.,68
DakotaExt- 63, 1910.. 108ia 110
1st, reg., 1903
68, currency. 1918
as
Hud.Biv.— 78,2d, s.f., '85 021, 1021a
lat, conaol., 6s, 1933... 103 lioais
Mortgagees, 1911
Ist, 63, 1920
891a
Che8.0.<fcS.W.— M. 5-63
Harlem— Ist. Vs.coup... 125
1st. cons., 6s, reg., 1933,
'Ellz.Lex.* Big Sandy— 68 ----.
12o
120
1900
1st.
7s,
reg.,
Min's Un.-lst, Gs, 1922 •108
Chicago & Alton— 1st., 78. '117»4
extended,
78
Erie- 1st,
110
119
BlnMng fund, 6s, 1903.
N.Y. Klev'd-lst, 73, 19061 HSi* 119'e 1st. P. A Dul.-l8t,5s, 1931
2d, extended, 58, 1919 .. *
1041a N.Y.P.AO.— Pr.l'n,8a, '95; ..
So. Car. RV—
La. & Mo. Rlv.— 1st, 78
3d. extended, 4ias, 1923.
.Y— 1st, 88, 1920 103 104
2d, 78, 1900
N.Y'.C.AN.— Gen.,0s,1910 35
2d, 6s, 1931....
4th, extended, 5s, 1920. 106
--34la| Shenand'hV.— l8t,7s,1909 109
117
108
St. L. Jack. * Chic— 1st 116
Trust Co. receipt*
6tl>, 7s, 1888
1151* N.Y. A. N. Engl'd-l8t, 78 100
81
General, Os, 1921
Ist, guar. (564), 7s, '94 114
l8t, cons., gold, 7s, 1920 114
*90
114
Tex.Cen.— 1st, s.f.. 78,1909si 95
2d, (300), '7.S. 1898.
coilp., 78. *
Ist, 88, 1905
l8t, cons.,
9713
96
96
2d, guar. (188). 7s, '98
N.Y'.C.ASt.I..-l8t,08,1921j
1st mort., 78, 1911
Beorg. Ist lien, (Js.lOoa!
115
-.-Ml88.B.Br'ge— Ist, s.f
Tol. Del. A Burl.— Maln.Os 10
2d. Os, 1923
Long Dock b'nds, 78, '93 *
•10
0.B.& Q.-Con80l.7s. 1903 128»9 128V BuflVN.Y-.*E.-lst,1916:"118
N.Y'.W.Sh.A Bufr.-Cp.,68' *3a _
Ist, Davt. Div., 68, 1910
•10
Registered, 5s, 1031...
Ist, Ter'l trust, 68, 1910
68. sinking fund, 1901
N.Y.I..E.JiW.-New2d6
J
Tox.A N. O.— Ist, 7s, 1905
6b, debentures. 1913-.
N.Y.Suan.AWest.- lst,68, 72
Collat'l truMf,0..>,1932.
1919
89
Div.—
8.
fd.,
58,
1897
isabino
Dlv.-l8t.Cs,1912
1».
Debenture, 68,
Bntr..& S.W.— M.,68,1908
83
Sinkingfund, 48, 1919
62
961a
Midland of N. J.— 1st,. 63 82
Va. Mid.-M.inc,88. 1927'
Ev.A T. H.— Ist. cons., 68
38
Wab.St.L.APac-Gen'lCsl
Denver 5iT.-4s, 1922..
N.Y.N.H.AH.— lst,rg^4s 103
Mt.Vcrn'n-l8t5 6s,1923j .--.. .[....
60
Plain 4s, 1921
Nevada Central— 1st, 68. ..---Chic. Div.— 5s, 1910
Fl't.6 P.Marq.-M.6B,1920l 112»4'113
68*106
la
Hav. Div.— 6a, 1910
C.R.I.& P.— 68, op., 1917. 120 127^8 Gal. Har.AS.Ant.-lBt,
N.Pac— G.l.gr., lat,cp.,6s 102-a 102
'
•lOaia:
90
94
105
1271a
Registered, Os. 1921
ToI.P.A W.-lst, 78,1917
6s, reg., 1917
2d, 7s, 1905
54ia
.
103
54
Keok. A Des M.— Ist, 58 102
Iowa Div.— 6a, 1921
N.O. Pac— lat, 68, g., 1920
Mex. A Pac— let, 5s.... 911*
99
Central of N. J.— 1st, 1890, 114
Ind'polis Div.— 68, 1921
Norf.AW.— Gen'1,68, 1931,
2d, 88. 1931
104
l8tcon8ol.a8sented,1899, 104
;
New River-lst, 63,1932, '95
Detroit Div.— 88, 1921 ..
ar'nBayW.<feSt.P.— l8t,6e! ......1....,
Conv..a83ented,7s,1902i 103>«'l04
No.Railway(Cal.)-l3t, 6s IO71- ....
Cairo Div.— 5s, 1931 ...
Gulf C0I.& S. Fe-76, 1909 *110 113
119
Adjustment, 7e, 1903^.. 10315 104
Wabash-Mort. 7s. 1909
2d, 6s. 1923
OhloA Miss.— Consol. a.fd. *
98
1898...|*11834 119
80
Conv. debent. 88, 1908.
Tol. A W.— lat, ext., 73
Bann. & St. Jos.— 8B,conv. 103 103 Is Consolidated 78,
-'11334'
92
89
Leh.&W.B.— Con.g'd.as. 90
1091a
1st, St. L. Div., 78, '89
2d consolidated "s, 1911,
Consol. 68, 1911
110
88
76
Am.D'k& Imp.— 58,1921
2d. ext,. 7a, 1893
Ist, Springlicld Div., 7s
Houston & Texas Cent.lOS
lOV Ohio Central— Ist, 88,1920, 45
50
Equipm't bds, 7s, '83.
Chic. Mil. & St. Paul—
iBt, M. L., 78
50 "b6"
130 133
Conaol, conv., 7s, 1907
l8t,8s, P. D
Ist, Term'l Tr., Cs, 1020;
1st, Western Div.. 78 ... 106
110
100
2d, 7 3-10, P.D., 1898... 118
Gt.West'n- Ist, '78, '88
let, Min'l Div., Os, 1921
Ist, Waco & No., 78
80
128
75
78
Isl, 78, $ g.. B.D., 1902.!«123
2d, 78, 1893
Ohio So.— 1st, 6s,l»'21 ....
2d, consol., maine line,88 117
Q.ATol.-lBt,78, 1890
1st, LaC. Div., 78, 1893. *118la
Oreg'nA Cal.— l8t,()8.1921
2d, Waco A No., 88,1915
121
l8t.I. <6M., 78, 1897... '116
711a
Or.ATran3c'l-e8,'82-1922
Han. A, Naples— 1st, 7a
General, 8s. 1921
57
60
120
let, 1. & D., 78, 1899....*
lU.A So.Ia.— l8t,ex.,68
Honst.E.&W.Tex.— l8t,7B
Oregon Imp. Co. — Ist, 63.
101
St.L. K.C.AN.— R.e.,7s
let, C. & M., 78, 1903... 123
Oreg'n RR.& Nav.— ;,st.6s! 1031a
2d, (is, 1913
120 121
95
Consol. 7s, 1905
Omaha Div.— lat, 73
Panama— S.f., snb.69,1910
Illinois Centr.ll
98"
!*100
85
2d, 7s, 1884
Clar'da Br.— 63, 1919
Springfield Div.— Cp. 68.
Peoria Dec. A Ev.— 1st, 83
1st, 7s, 1.& D.Elt., 1908 ^120
St.Chas.Bge.- 1st, 6s
Evans.Div.- 1 st,6s. 1 920
Middle Div.— Beg., 5s... 103
117
104
lBt,8.W. Div.. 68, 1909.1 107
No. Missouri— 1st, 73C.St.L.A N.O.—Ten.U78
Peoria A> Pek.U'n- 1st, 6s
lBt,5s, LaC.&Dav.,1919 *95
West.Un.Tel.— 1900,coup. 1051a 108
Pacitir Railroa<i8—
lat, consol., 7b, 189'?
105
114
lBt,8.Minn.Div.,6a,1910, 109
1900, reg
Central Pac— O., 63
2d, Oa, 1907
124
105
iBt, H. & D., 78, 1910.. .1
,':--;•
N.W. Telegraph— 7s, 1904
San Joaquin Br.—6s..|*103i4
Gold, 58, 1951
64
Chic.* PocDlv.,68,1910 •114 116
|MntUn.TeL-8.fd,68,1911
61
2d Div., 7b '114
Cal. A Oregon— 1st, 6s *100
Dub. <t 8.
1'22
91
95
lBt,Chio.<& P.W.,5s.l921
ISprlng Val. W.W.— l8t,6s
State Aid bds.. 7a, '84 '100
Ced. F. A Minn.— Ist, 78'
03
94
Mln'l Pt. Div., 58, 1910.
Land gi'.ant bonds, 68. 100
Ind. Bl.AW.— lstpref.,78 115
1921
*105
•9li
L.Sup.Div.,
58,
109
C,<fe
West. Pac— Bonds, 8s
1st, 4.5-es, 1909
94
Wla.A Min.Div..5s.l921
lst,68 '101
INCOME BONDS.
2d, 4-.'>.68. 1909
n
So. Pac. of Cal.
Chic & Northwest.—
98
Eastern Div., 68, 1921..
So.Pac.of Ariz'a— Ist, Os
97ia
1885
104
Sink, fund, 78,
So.Pac.ofN.Mex..-l8t,6s
Indlanap.D.&Spr.— lBt,78! 95
(.Interest pai,able if earned.)
131
Consol. bonds. 78,1915.
2d, 5s, 1911
Union Pacittc-lat, 68 ..I 109 1109'e'
Extension bonds, 78, '85
AUeg'nyCont.— Inc., 1912
Int.AGt.No.-lst, 68, gold 103 107
Land gr,int8, 78, '87-89 106 ,....
104
....... Coupon, 68, 1909
74
74
105
Ist, 78. 1885
lAtl. A f"ac.— Inc, 1910...
Sinkingfunds, 83, '93.1
125 i4lKent'kv Cent.— M.0s,1911
Conpon, gold. 78, 1902..
JlCentralof N. J.-1908....
Beg., «s, 1893
*95
Begisfil, gold, 78, 1902.
125
Cent. la.— Coup. deb. certs,
Collateral Trust, Cs.
Lake Shore—
110 111=4
Sinking fund, Gs, 1929.
Ch.St.P.AM.— L.gr.inc.,68
do
58, 1907
M. S. AN. I., 3.f.. 78... *102
Sink, fund, Cs, 1929, reg
112
Chic A E.I U.— Inc., 1907
Cleve. A Tol.—Sink's fd. •104 04 105
Kans.Pac- Ist, us, '95 101
98 100
Sinking fund, Ss, 1929.
.... -ilOOia DesM.A Ft,D.— lst,lnc,Os
New bonds. 78, 1886.. *102
let, 6s. 1890
07''8 Det. Mack. AMarq.— Inc
Sink, fund, 5s, 1929, reg
100
07
Cleve. P. A Ash.— 78.--. "HI
Denv.Div.6a,a8'd, '99
9113 91 'e
Blnk'g fd. deb., 58, 1933
73
125
E.T.V.AGa.— Inc,8s,1931
BuflF. A Erie— New bds
let, con3ol., 83. 1919
Eecanaba & I..8.— l8t,0s 92
93
,100
Elizab. V. A Nor.— 'id, inc,
Kal. A W. Pigeon— 1stC.Br.U.P.— F.c, 78, '95
Des M.& Min'ap.— l8t.78
85
Gr.BayW.A St.P.— 2d,inc.
Det.M.AT.— lst,7s,1900 *120 128
At.C.AP.— lst,0s,19051
Iowa Midland- 1st, 8s. •120
89Hi Ind. Bl.AW.— Inc., 1919
Lake Shore— Div. bonds 120
At. J.Co.A W.— Ist, 6s *
Peninsula— Ist, conv. 78 *118
78
Consol., inc., 68, 1921...
Consol., coup., 1st, 78. 125
Oreg. Short L.— 1st, 6sl
ChlcA MUw'kee— let,78 122
100
Iiid'sDec.A Spr'd— 2d,inc.i*
Consol., reg.. Ist, '/s... 120
Ut.So.— Gen., 7s, l609*..
"
Win.* St,P.— 1st, 78, '87 107 la 1081a
98
Trust Co. certiticates
Consol., coup., 2d, 78.. 1181a 118
Exten., Ist, 7a, 1909
II6I3
2d, 78. 1907
121
961a Loll. A Wllkesb.Coal- '88
Consol., reg., 2d, 78 .
Mo. Pac— 1st, cons., 6s
Mil.& Mad.— lat, 68,1905
118
Lake E.A W.— lnc.,7s,'99
Long Isl. RR.— 1st, 78, '98
3d, 7s, 1906
C,C.C.& Ind's-lst,78,8.fd. '120
15 >a
102
Sand'kv Div.— lnc.,1920i
let, consol., 58, 1931
Pac of Mo.— let, 88...
Consol. 78, 1914
117
Laf.Bl.A'Mun.-Inc.,73,'99
Louis. West.— Ist, 6s
2d, 78. 1891
120
Consol. sink, fd., 78,1014
85
Lonisville A Nashville—
Mil. L. Sh.A W.— Incomes
St.L.A S.F.-2d, Cs, CI A
General con.sol., Os, 1934
69\
1071a
Mob.A O.— Ist.prf., deben.
Consol., 78, 1898
3-68, Class C, 1906
O.St.P.M.* O.— Consol. 6s 106 108
2d, prof., debentures
CcciUan Br'ch— 7a, 1907
3-68, Class B, 1908
C.St.P*M.— lst,0s,1918 •114 115
N.O.AMob.-l8t,8s,1930
75
3d, pref.. debentures
l8t, 8s, Pierce C. A O.
No. Wis.- 1st,. 8s. 1930.
4th, pref., debentures ..
2d, 68, 1930
Equipment, 73, 1895.
6t.P.<t S.C— l8t,6s,1919
115
N.Y.Lake E.A W.— Inc. 6a
E. H.A N.— let, 88, 1919 '97
Gen'Imorf.. 6s. 1931..
Cbic.& E. 111.— Ist, s.f., cur.
100
70
In.Y'.P.A O.— l8t,inc.ac.,7s
General, (is, 1930
So. Pac of Mo.— l8t,6s
Chic.St.L.& P.— lst,con.5s
90
Ohio Cent.— Income, 19'20
Pensacola Div.— 68,19201
Tex.A Pac-lst, 0s,1905
Chic. & Atl.-lBt, 88, 1920
94
Mln'l Div.— Inc,78,1921
St. L. Div.— Ist, 68, 1921
Consol., 6b. 1903
2d, 68,1923
Ohio So.— '2d inc.. Os, 1921
'2d, 38, 1980
Income A Id. gr., reg.
Ctlc.&W.Ind.— Ist. s.f., 8b
Naahv. A Dec— 1st. 73.
Ogdens.A L.C.— Inc., 1920
l8t,Rio G.Div.,08,1930
Gen'l mort., 63, 1932
PeoriaD.AEv.— Inc., 1920 20
S.A N.Ala.— S.f.,03,1910
Pennsylvania RR.—
Ool.dt Green.- lst,6B,1916
Evansv.Div.— Inc., 1920 20
Leban'n-Knox— Os, 1931
Pa.Co.'s guar.4ias,lat,cp
2d. 68, 1926
Louisv. C.& L.— 8s, 1931
Registered, 1921
961a iPeoria A Pek.Un.— Inc.,68
Col. H.Val. * Tol— l8t, 58
77
45
Roch.APitt-sb.- Inc,1921
Trust bonds, Cs, 1922.
Pitt.C.A St,L.— lst,c.,78
'92
Del. L. A W.— 7s, conv.,
83
L.ErieA W.— Ist. 88, 1919
hRouio W. & Og.— Inc.,7s.
lat, reg., 78, 1900
Mortgage 78, 1907
iso'
Sandusky Div.— Os, 1919
So.Car.Ry.- Inc, 68, 1931
2d, 78, 1913
Byr.Bing.A N.Y.— lst,78
Laf.Bl.A M.— lat, Os, 1919
8t.L.AI.Mt.— l8t,7s,pr.i.a.
Pittfl. Ft.W.A Chic- 1st
Morris A Essex — lat, 78 133
Louisv. N.Alb.
lst,68
2d, 78, 1912
St. L.A.A T. H.— Div. bdeM.AE -2d, 7b, 1891
114
Manhat.B'ch Co.- 78,1 909
Ist, 5s,
1921
Registered
92S4
1
Buff. N.Y. & Phil.— 1st, 63
CU'neral, uS, 1924
85
|
|
l8t, cons., gu., 68,
.
]
92 "a
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N.Y.AM. B'h—l8t.'78.'97
*
Ho prices
Friday
;
thaM
are lateat qaotatlous madethis week.
1
.
I
1
.
JlTNE 21. IflSl
Baak 8lock
Local 8eoarltl«i.
{ranee lliaek
l.Ut.
[PrtOM
lAmt.
B. BalUy, 7 PtM St.]
•
lir
Par.
•toORITIKS.
OOHPAKIXS.
Ask.
Bid.
America*
fluti'IierH'A Orov'a'
"iiiml
ii
)
1'
llroailwar
180
Brooklyn
IHO
100
1.1?
ibi'i
lOOlg!
Kxcnivnffo
Farrutftit
Firemen's
Firemen's Trust
Franklin A Kmp..
100
100
lOO
Fourth
100
.
Fulton
30
SO 170
OaDatln
100
Garllehl
Genniin American*.
7S
Uemnin Exchange* 100
100 IflO
Oermanla*
'.26
Greenwich*
Hnuover
100 1S6
Imp. A Tratlerit'
100
50 ....
IrvinK
Leather Manut'rs*.. 100
Uanhattan*
60 150
Marine
100
Market
100
26
Mei^hanlcs'
26
Mechanlcs'tft Trails'
Mercantile
100 120
Mercnants*
60
Merchants' Bxch...
60
Mnrray
60
100
100
g. Y.Nat. Exch.... 100
lath
100
North America*
70
North River*
30
Oriental*
26
County
Hanover
Homo
Howard
Irving
KinKs C'nty (Bkn.).
Knickerbocker
LouK
Maunfac. A Bnlld..
Mech. A Trailers'
.
Mechanics' (Bklyn)
Mercantile
Merchants'
Montauk (Bklyn.)..
Nassau (Bklyn.) ...
Natloual
N. Y. Equitable
N. Y. Fire
62<ii
1
.
..
-
i
100 160
26 145
20 100
Produce*
Repnbllo
8t.Nlchol.a«*
106
120
100
100
100
100
160
Seventh Ward
Second
Shoe & Leather
State ol New York* 100
Third
100
Tradesmen's
40
Union
60
17 nlted States
100
Wall Street
60
WeatSlde*
100
1
1H6
I
145
lit
IW
70
•ra
106
60
25
PAciflo
25
Park
100
Peter Cooper
20
People's
60
Phenlx
60
25
Rntger's
Standard
60
Star
100
Sterling
too
Stuyvesant
25
Tradesmen's
25
United States
26
10
Westchester
....
Williamsbarg CUy. 60
;
Brooklyn aas-Lijrbt
Citizens' Oas-L. (Bklyn).
Bonds
Harlem
no
205
137
no
230
BO
V20
200
86
100
70
100
60
Manhattan
Metropolitan
Bonds
Mutual (N.Y.)
Bonds
Nassau (Bklyn.)
Ht".'.'.
New York
..
People's (Bklyn.)
Bonds
Bomis
Central of
New York
Williamsburg
Bonila
Metropolitan (Bklyn.)
Municipal
Bonds
Fulton Mumclpal
Bonds
Equitable
...
no
75
no
85
105
12
60
100
105
146
85
160
80
120
66
105
105
no
170
100
150
108
140
115
U6
65
60
117
76
126
120
180
08
165
116
150
125
100
60
65
125
85
133
126
325
800
Date.
Amount. Period
~-
"-
<l
i
8s
aofro, Man<
Jan.
I
Income
N. Y.
A
N. Kngland-«s
7b
N Mr'
pac— 7b
80.
June 2,'84 J85
107
Apr. 10 '84 128
1902
103
June2,'84 100
May
May
1,'84 90
I, '84 150
Junea,'84
78
Os
Paeblo
A
Ark.
116
"eo
i'o'i's
76
A .St. Loula.
Worcester A Nashua..
ii'
80
60
146
70
I
1,'84
no
100
A
66 >s
Wisconsin Central
li'*
t
8
Preferreil
A Broad Top
Preferieil
Lehigh Valley...
ISO
Greenw-d Tr., 7b, re«^
Morris-Boat Umb »_;»
PennsylT.-«B,en.. IBIO..
Sehnylk. NaT.-lst.es,rf.
8d,68,reg.. 1907
—
60S
RAILR'O STOCKS. Pm
160
112
l«6
155
Newtown A N.Y
A Reading
A Trenton
United N.
144
119<i
140
116
216
116>i
106
286
no
265
J.
68 1<
Companies
CANAL STOCKS.
Lehigh Navigation
Pennsylvania
Schnvlkin Nhv.. pref...
ka1i,kiiai» bonds.
Allegb. Val.-7 .S-IOS, '96
7s, B. ext., 1910
Inc. 7s. end., coap., '94
AshUb. Plttsb.-l.sl.6s
Ist. es. ro»., 1908... .-_^
Beivid'e Del.— Ist,es.l903
n^ia
iOi
<«
3d.6e, 188*
»d. 6s. 1887
Western MaryhMid
•».!> «•
•
44
40^
84.
Cia. Wash.
.41>B
t
60
14%
.80
« BalL-lsta.
9ds
Ids
ColnmhlaA Orasov.— ls*s
Ms
io'
No.C«ntTal-6B, •88. J.AJ.
•s.1900, A.
AO
C|ald.l9UO.J.*J..
aSwiaaA
is"
8«n«s
>04
too
aa
rI
103
117
119
1
IS
..
B..... ......
PttUti-AOsB'sUa.— 7a/A
131
UbIob RH.-lat.naJA.
CaoioBsadanad......
iiw'
iVe"
I"''!
XT.4ivldsnd
131%
190^ 191 <s Ccn. Oblo.-«arisl.M.*M. 108
Chati. CoL A Aog.-lst.. 108 \
Cons. 6b,1921...
1
...
Atlaau A Chart.— let.
VtrgiBla
Bell's Gap— 1st, 7b. 189S
1st. Hs, i90i
Consol., 6b, 191 8
Bnir. N.'T.A Phil.-ls«,««
3d, 78, 1908
n
80
80
80
SO
tne.
Balt:A0hio-6a~'fl«A.«0 109
West Cbesier-Cons. pref.
West Jersey
West Jersey A Atlantic.
M
85
--
Parkersborg Br
i?v RAILROAD BONDS.
A
117
140
Ist pref
3d pref
Central Ohl<>-Coai
loss!
Pref
isi,
Wllm. A Bait
Pittsb.Cln.ASt-I,
n2<t
106
335
115
280
113
176
113
8S
A
Erie
Philadelphia
Phlla. Oer. A Norristown
Phila.
Phlla.
Phlla.
Phlla.
no
101
Northern Central
North Pennsylvania
Pennsylvania
..^:'
la
BALTI.MOBB.
Preferreil
105
ST*
Atlanta A Charlolla. ...
100 177
Baltimore A Oklo
Norfolk A Wesfn-Com.
316
MS
80
A DeL— lst.6s.18M
Lehigh Nav.-64,re«V84 166
Mort. RR.. rag;, JW7.. "*
30
64 «
Little Siliuylklll
MlnehiU 4 sch. Haven...
Nesqnehouing Valley
26 <i
A lii«»-lst. Ts
Bank. Has. A W.— 1st, 81
3d.6s,1938
8yr.Oen.A Com.— Ist, 7s.
Union A Tltnsv.— Ist. 7b.
United N. J.-Cons.6B,'94
Sonbnrr
Cons., 78, re«.. 1911....
Preferred
110>a
G«n'l6s, 1931
Income, 6b, 1983
Income, 6^ 1914
Olies.
8d preferred
Delaware A Bound Brook
East Pennsylvania.
Elmira A Wllliamsport..
140
112
95
79
.19*
,
CANAL BONDS.
BIH
Ist preferred
no
.131%
—
6«, P. B.. 1896
Gen., 7b, coop.. 1901....
Catawisaa
Preferred
49
Conv.,7s,R.a,1893..f
Conv. 7b, qp.o«, Jan.,'88
Phil WU.A Bait.—4a,tr.ot
Pitta.Cin.A 81.L.—7a. rag
7Bxp.
Pitts. Titos. A B
Shamokin V. A Pott*.- Ts
Sben. Val.— let. 7b, 1909
Western Pena.—6«, coop.
Atlantic
Huntlugd'u
to
Ist, 7s, 1899
Cons. es. 1909
1*3^ W.Jer8eyAAtl.-lBt,6a,C.
Preferreii
90
44
Warren A F.— 1st. 7b, O*
West Cbestor-Cons. 7b. . lis 'lit
W. Jersey— 1 St, 6s. ep,'9«
4H
Phil
Cona. 6s, litsar.,c.,1993
Oona. 6s. 3d s«r.,e~ 19tS
Oonv. AiV. 8crlp,^a-88:
DebeDtars coup., 18931
Serip, 1983
Cons. SB, gold. 1901
Cons. Sa, gold, 1908
Gen., 4s, « old, 1923
PHILADELPHIA
Camden A
125
108
93
20S
Jan., •90 111
J.
1,000 3,000,000 J.
Feb., '84 170
600,000' F.A A
100
Twenty -third St.—Stock.
May.
93
«.«..
250.000
«^w...w M.AN
...
1.000
A.vw
mort.
1st
iBt mort
• This oolumn shows hut dividend on ttocki. but date of malnrity on ooml/
no
360!
122
iS"
. .
181<9
Preferred
.10*
.
iii"
2d.7s,codp., •.8U3
Cons., 7s, reg., i911
•ICons., 7s, coop., 1911 ..
OansL,6a,g.. r.ac.1911
Imp., 6b, g., eonp., 1897
0«D., es, g., ooop., 1908
..".'?
0«a., 7b, coup., 1908.
Incomo, 7s, eoap., ISMJ
'27
Tol. Cllin.
Vermont A Mas^
101
Ill
'
Ooiu.,6s,1930
PMIa. Newt. A N.Y.— la*
PhU. A R.— lBt,0s,19IO..
1(3
Smith.
A
Louisiana <<c Mo. River..
Preferred
Maine Central
Manchester A Lawrence.
Marq. Ilougtat'n AOuton.
Phil AErl»-3d.7B,ep.,'88
Cons., 6s, 1930.
164
74
31
101
7.1906
PerklDmen—l at, Ss.ep.'ST
"si'>i>\
Cteve.
A Mem.
A
um"
160
Mass
Bnffalo N.Y.
I
'166
A West Michigan..
Preferroil
Bell's Gap
N.
on
So'tj
e8>..
A Lowetl.
A Maine
A PtoTldenoe
A
;(iiff"
Nott
jieo
C. Hprlngf.
Ft.
Little Kock
160
29S
242
110
130
106
107
92
163
80
,
3d.
88
RAILROAD STOCKS,
1, '84
I
.
|i.>n
VaL—7f..
Rutland—6s, 1st
Sonera— 7s
HTOC.KH.
AtoMson A ropeka
Boston A Albany
Allegheny Valley
Ash! abnia A Pittsbarg.
May
90
l2.000.000
100'.
Uri
Di'
91
Apr.
106
95
Feb., '84 76
1
Apr. 2 '84 115
Apr. I,'ii4 105
Jan. 1,'8« 90
J'nel0,'84 200
107 Ja
1888
May26,'d4 135
108
)
DO
90
1>«
..CU.—C'on.6B
I
Kan.
no
Mayl3,'84 237
700,000 M.&N.
Var-s
100 4,000,000 M.&N.
10 1,000,000 J. <fc J.
375,000 M.4N.
1,000
125,000 Vai-*8
Var"8
406,000 F.*A.
60
50 1,000,0001 Uuar.
1,000 1,000,000' A. &0.
100 1,000,000 M.AN,
100 13,000,000
760,000 M.&N.
100 13,000.000
300.000 J. A J.
I.
ILOttrLawi
Preferred
I
5
....
M
FortHoott.«
Fort Scott A Gulf
Preferred
Iowa Falls A Sioux City.
132~
SHj Apr. ],'8l 107
Feb. 1. '84 119
3
7ia'jan 1. '84 ISO
5
,117
IS
•1.01tr8t.Ju. ^
UttloK. A Ft. H.-l*. Ui
K. City .iji'il A Mem.-OMexican C'nntral—7s
Eastern,
Ask.
Bid.
MaylO,'84 130
1, '34
89
5
3
a—
mort
>
'
11
N. Y. A New Kngland ...
Northern of N. ilampsh. '116
Norwich A Worcester.
189 >t
Old Colony
Portland Maco A Portsm. "18
.19
Rutland— Preferred ...
Revere Beach A Lynn
[Quotatlona by H. h. Grant, Broker, 145 Broadway.)
Jan., '84 33
900,000[J. * J.
BI'ckerSt.A Fnlt.F.—8tk
100
Jnly.lOOO 109
700.000 J. <fc J.
1,000
1st mort
April. '84
100 2,100,000 Q.-J.
Br'd way * 7th At.— Sfk.
Jiine,190i 103
1,000 1.500.000 J. A D.
1st mort
May, '84 212
Q.-F.
2,000,000
10
Brooklyn City—Stock
Jan., ie02 106
800.001) J. A I.
1,000
Ist mort
April, '84 150
200,000! A. A O.
100
Bklyn. Crosstown—Stock
Jan., 1888 105
400,000|J. A J.
1,000
Ist mort. bonds
May, '84 160
500,000 Q.-F.
Bnshw'kAv.(Bkln)—Si'k
100
April, '84 146
100
600.000 a-J.
Central Ci-ossiown — Stk.
111
NOV..1923
250.000M.&N.
1,000
1st mort
April, '84 140
100 1.800.0001 Q._j.
Cent.l"k.N.*E.RlT.-8tk
Dec., 1902 118
1,000 1,200,000' J. at D.
Consol. mort. bonds
100
660.000 F. A A. 2HilFeb., '84 130
Christ'ph'ritlOth St^-Stk
250,000 A. A O. 7 lOct.. 1898 no
1,000
Bonds
100 1,200.000 Q.—F. 24 May, '84 200
DryDk.E.B.* Bat'y-Stk
900,000 J. A D. 7 June, '93 114
SOOitc,
Ist mort., consol
1914
104
100 1, '200,000 F.A A. 6
Scrip
J. 2 Ki April, '84 866
100 1,000,000;
Eighth Av.—Stock
Feb., 1914 106
100 1,000,000' F A A.
Scrip
May, '84 230
748,000! M. AN.
100
42d & Or'cd St.F'ry— Stk
April, 93 112
236.000 A. AC.
1.000
1st mort
May, '84 125
360.0001 Q.-P.
100
Houst.W.8t.4P.F'y-8tk
July, '94 1 1
600.000:J. a J.
600
1st mort
Jan., '84 200
100 1,862,000 J. A J.
Second Av.—Stock
April, '86 lOOij
160,000 A. AC.
1,000
3d mort
Mar. '88 105
1,000 t.060.000 M.AN.
Consol
Mch., '84 320
AS.
M.
lOO
1,600,000
scrip
Sixth Av.—Stock A
luly. •90 no
600.000 J. A J.
1,000
1st uiort
May, •84 275
100 2,000,000 Q.— F.
Third Av.—Stock
1st
A Mn
Nebraska.
Nebraska.
Nebraska,
Conn. A PaMxiintpxic -7».
Connolton Valley ~6s
Nashua A Lowell
25 2.000,000 Var's
20 1.200,000 Var's
315.000 A.&O.
50 2,0(10,000! F.& A
750,000|J. A 1.
20
60 4,000,000 J. & J100 2,500,000'M.&N.
7.'i0,000JP. & A.
600
100 3,500,000' Quar,
Too
Earl.
Fitchbnrg
Flint A Fere Marqnette.
Street.]
I*.
iM.aa, r<
Boaion a' P foVidiiii(i»^''f b
Concord
Conneclicnt Itlver
Conn. A Pjtssompslc
Connolton Valley
Det. Lansing A No., pref.
......
Mirt..*.. •-'-•
C>m.AA>l
7»....
CInn. Sandusky
145
I
-7a
liiiHiiin tc i.(iwrii
Chic.
106 Hi
Par.
w
"ii"
9
Cheshire, preferred
150
P5
160
96
130
im a*
:<".'.'.'.
1
Boston
Boston
Boston
no
f
1
Preferred
1,000 1,500,000 ,M..SN.
25 1,000,000 Var's
Scrip
310
90
120
1,000
Jersey City A Hoboken..
116
88
80
116
735
145
116
2V0
65
115
145
140
66
66
126
80
70
no
I
90
240
260
80
100
70
go
Gas and City Railroad Stocks and Bonda.
[Gas Qnotatlons by GEO. H. Prentiss 4 Co., Brokers, 11 Wall
GAS COMPANISS.
no
135
135
66
llOO
185
lis
188
17S
170
160
125
126
US
15
I
125
1
146
108
SO
100
60
100
30
20
40
50
25
100
25
60
50
50
60
50
37 "a
35
...
Niagara
North River
,
Phenlx
Isl'd (B'klyn)
Lorillard
Paolflo*
People's*
.........
JeflTorson
.
Park
100
50
60
26
100
Guarilian
Hainilton
Nasftau*
New York
New York
17
10
IflO
Gennan- American
Germnnla
Globe
Greenwich
CO
100
100
Uill*
Ea«le
Kninlro City
;70
2.5
Metropolis*
Meti'opolitan
80
70
100
50
100
40
100
SO
60
Cltlr,en«'
iMig'
Elcvcutli Ward*.
FKtIi
Fifth Arenne*
FlrBt
17
City
Clinton
Oomnierolal
Continental
....
100
KM)
100
25
60
100
2B
26
Kowery
,
M
'iiiam
"iiiical
American
Amer. Kxohange
ivo
2HU
117
100
35
26
100
100
BaIUsmw.
amovnrmm.
aM. Ai*.
lis
Par.
nt
MftPiita.* w.-n«a
\
Bro^Mlway
BMtoa, PfclM«|ffe|«
pRioa.
Aak.
Bid.
uot National.
19$
U
qaoUtioM
PRICK.
Amor. Kzoluuiire...
.
THE CHRONICLE.
I
New York
COMPANIES.
Huked thas (>) an
.., .
.
'
Parshara.
A TSim.-6«
.
w.MdV-^' iVl i^ J. * J!
M, gnar.. J. A J
5rt;r.ar.\.yW.CoJ.*J
8s.SAgiiar..J.AJ. ..
....
Aig.-««.
-- -_., _
A Alg.
Wll
rilm.C
Wll
iEikir
.
1
.
1
THE CHRONICLE.
736
[Vou XXX vm.
—
New York City Banks. The following statement shows the
and the totals from Jan. 1 to condition of the Associated Banks of New York City for the
week ending at the commencement of business June 14:
latest date are given below. The statement includes the gross
AveriiQt Amount of—
which
returns
can
be
obtained.
from
earnings of all railroads
Loans and
Circuta„•"?"'
Specie.
other
The columns under the heading " January 1 to latest date" furI>Uscoiuits.
ti<m.
nish the gross earnings from January 1 to, and including,
RAILROAD EARNINGS.
The
latest railroad earnings
I
the period mentioned in the second column.
Latest Earnings Reported.
{
New York
Jan, 1
to Latest Dale.
Boadi.
Week or iU
18b-4,
K
Ala.Gt.Siutlicrn
May
oAtcli.T.&SFe
Bur.Cert.R.& No
April
Canadian Pacific
Central Iowa
SS.-'iU
1,306,000
l.'ftwk.I'ne
50.3.il
wk.l'no
129.000
.;d
2(1
wk
May
. .
Central Pacitic.
J'ne
& Ohio .May
EUz.I^x.iB.S. M.y
Chicago & Alton -d wk J'uc
Cliic. Km-1. & Q. .\piil
Cliic.&Kast. 111. ill wk .Tue
Clilc.&Gr.Tnink Wk Mar 8
Cliesap.
27,0.o9
2.062 000
283.000
59.332
1883.
1884.
»:
78.359
l,27f,154
53,656
125.000
26,90i
2,127,420
331.173
56.629
lri3,07e
1C3,'.:11
.,S3>Ar>l 1,824,130
27,71-2
60.057
34,855
59.603
458,541
484.800
CLlc.MU.&St.P. 2d wk JnChio.&Noitliw. 2d wk J'ue
431.<>0<J
Ch.St.P.Miii.&O.
Chic. A- W. Midi.
11 l.GOO
9:i.400
47,040
47,505
205.540
108,208
35,058
10,609
304 122
596.531
./d
wk
.I'ne
IthwkMay
Cin.Ind.St.L.itC. .May
Cln. N. 0. A T. P. .May
J83300
206.<>94
519,147
Cln.Wash.&Balt. Istwk.I'ne
Clev.Akr"ii&' ol 1st nkj'ue
2^^,'91
9.ti«3
CTev.Col.C & In<l April
Denver & Kio Gr. Ajiril
Des Mo. & Ft. D. 1st wk J'ne
Det.Laus'giNo. iKtwk J'ne
Dub.iSlouxCity Istwk J'ne
287,' 93
15,.^82
2.i.4Hl
Aiiril
Eastern
E.Teun.Va.&Ga. Istwk J'ne
266,320
l.-twkJ'ne
Evaiisv. &T.
Flint & P. Jlarn. Istwk.I'ne
Flor.R'way & N. Istwk J'ne
11.678
267.616
60,435
14.183
52.294
H
& Den.
Ft. Worth
May
BavW.A:St.P.
GiilfCol.A-SanFe,
Istwk J'ue
Gr
...
Hou8E.it\V.Te.T Aprd
....
Cent. (111.). 2<1 wk.'ne
(Iowa) Jd wk J'ne
Do
Ina. Bloom & W. St n k J'ue
6
m.
1
K.C. Ft.8.& Gulf
Kan. C. Sp & M.
Louisv.itNashv.
1st
1 Ht
Milwaukee
A-
No
Mil. L.SU.&West.
J'ne
J'ne
wk J'ne
2
wk Ma'
wiii-
2d
June
wk
J'ne
Minn.&St.Loui- AlTil
Missouri Pace.
d wk J'ne
\Val).St.l .cfeP. id wk J'm
Mobile & Ohio.. May
Kaeh. Ch.& St.L. Mav
N.0& Northeast Mmv
N.Y. & New Enc April
N.Y.L.Erie&W<( April
N. Y. Pa. & 0. April
N.Y.Snsci.&Weet .^lird
Norfolk i West I6d3'8 J'nt
Shenandoah V IBdvsJ'ni
NortliemCentr'l \prl
Nortliern PneiHe 2d wk J'n(
Ohio Central.... Istwk J'm
Ohlo& Miss
April
Oregon Imp. Co .March
Ore.^'on R.&N.Co April
Peoria Dec tVEv. Istwk J'n(
Phlla. & Erie .. |.\prd
lApril
Do Ccnt.N.J
Do C. & Iron
BichmM & Danv.
1
April
.\pril
Jtay
,
Ch.Col.&Aug.lMay
ColunddaLtGr.lMav
Va. Midland. .IM.y
West. No. Car.l May
A
2d wk J'lie
Eome Wat. A Og. March
Koch.
Pittf-b's
8t. JoliiiSb.A L.C. .March
,
Bt.L.AltonAT.H.: stwk.J'ne
i
Do
(brch8.),l.>'twli.I'ne
Bt. Ixiuis
Cairo 2d
Apr
Bt. L. Ft. S.
Istwk J'ne
A
A
wk
W
ASanFran
id wk J'ne
Bt.Paul&Dul-th ithwk.viay
Bt.L
Bt.P.Min.A Man May
South Carolina .May
Bo.Pac Cal .N D •'arch
So. Div./.
March
Arizniiii*/
Me.v./-.
.March
.Match
N.
T«x.ASt.I>iui<.fl :M WK
Union Pacific... April
Utah Central.
Mav
.
Vfcksl.'rt,'
A Mer. May
Vicksb.Sh
APao.Mav
West
;
Jerf<cy ....lApril
Wisconsin Cent'l, May
3^,314
21,4~6
265.«00
12.153
16 18^
3,789
20,920
22,300
5,12.)
26,759
18.10.J
37,700
360,258
S,4.S3
32,818
24,884
204,220
43,625
59,470
145,097
59.47t
22,827
42,89v
27.G36
70.62?
22J.47('
•24,298
17,86::
158,20C;
13:*.94o
20,81
19,*^ 80
135, 86>
5S 1,000
275.000
563.0i)(
27.'.,000
146,l2ti
141.975
190,751
28,408
275.507
1,397,726
484,864
82.271-
90,306
27,6-8
454,749
263,65.3
2-M 6
3!2,77R
,•
171.07!
s,9.;h
275.891
1.548.474
458,022
78.51
100.90
34.95
476
3M
181.100
8.687,0(Xi
1,4:^9.603
2(^9.051
If
408.434
4,792,996
1,117.898
1,893.661
533,279
9.415,899
1,473,014
•:6vi,603
3,524,099
7,657.712
630,81f
521,636
3,466.(165
9.372.001
9,57.-,
9,601.167
2,414.806
639.815
913,949
1.004,823
700.979
7,457,415
71P,84'i
4^13,173
143
9.651.694
2.108,7'i7
619,006
9.18203
948,646
751.401
19l,l:i6
214 497
1,162,901
1.881.961
137,658
1,302,30(;
592,103
36^,081.0:n,983
l,b04.51',<
2f3.334
1,073,096
464.669
185,400
7,007,072
151,471
70. ,687
2,066.403
118,867
6J8,048
433.3( 2
1,053.081
1,590,828
294.537
I,io4.0(;o
392,166
139,600
7,903.632
165,:^( 3
730,362
4,433913 4,601,559
725,926
l,f72.913
9(6,570
425,294
169.007
850,424
1,229,410
751,812
154,844
570,8.57
1,129,077
1^3,212
318,009
162,708
231,255
482,025
212 184
162.187
931.711
5,744 517
.
18l'.957
503,181"
828,307
496.026
841.912
983,224
161,311.034.266
t39.4i<j
5.081,358
l,772,:i83
232,177
1,161,391
318,291
1.725,772
5,377,213
931,329
31.3r2
1,0.55,59 1
6,053.!'2s
1,S66,55G
290.289
1,112.789
3Jl,2.i5
1.909,318
3,051,845
22.77'.
452.332
4i2.2."i9
1,327.728
1,362,151
781.303
758.830
20.719
9,561
607.449
333,393
618,07'315.86:)
5,60(5
6,8U
71,34!)
7,021
82,007
3,302
56.757
34,047
94.302
76.581
142,;-.62
75.089
79,709
414, 43K
245,923
....
54,162
79,63..
May
13,201
95,58.^
249,257
197,111
1,946,733
335.66C
2,975,186
521.361
217,977
b27,'27
460,732
163,748
283,094
2,12'-,965 2,363.277
7.188, ^54
388,431
192 4('C
49,0SJ
312,164
615, 12f
85,'26'
97,671
31,157
5,685
32,540
P3,18--.
76,023
123.066
11H,03!I
2 658
3,745,800
1(1.499,500
1,168,900
359.000
4.170,800
193,900
3.800
8.199..1(I0
l;i5.000
1. 1-60,000
9,'J91,2O0
1,5:11,600
l,638.;i0O
S,(>40.1(I0
2,8:16,700
5!
756,000
2Kl,i:00
l,7ll2.(lU0
3Sl,(JilO
1.1,112,900
5,723,000
212,400
107.400
476.600
338.400
.S2,>,300
421.(100
Gallatin Nati(*nal..
2,-90,400
5,080,100
Butchers'
1.74t:,.')00
309.100
878.000
ii.'.4.!100
94,('00
10:1,800
127,700
10
131
166,800
.1,204,500
A
llrov..
<fc Tr...
Metlianics'
(iret nwicli
Leattier Mannfrs.
Sevenlli Ward
St.lte of N. Y
126,400
303,.'iOO
1,170,400
177.6110
:19:;4.400
6">8,3(I0
Commerce
l:f.595,O()0
18,-7:1,2ij0
6a 1. 000
2.876,900
101,100
427,800
1,879,000
Bi-oiKlway
6,486,600
1,0:18,400
Mercantile
5.478.(100
Pacific
Iteimbllc
Chattiani
reoplea'
2.492.900
1,206,600
140.900
431,000
406,000
Americ'n Excti'ge.
North America
4,16:1,300
3,.'0»,7O0
1,422,90(1
2,8;i8,7O0
...
Hanover
7,4M7,300
2,907,000
4,433,000
2,408,K00
2, 08,800
2.095,400
Irving
Metropolitan
Citizens'
NasR.au
.....
.
1
Market
Nicholas
St.
2,746.000
4,(132,2110
4, (17 8. too
Continental
Oriental
Imnortfrs'A Trad.
Paik
Wall Street"!!;'.;;
North River
Ka>t River
Fourth National..
1,4:16,800
1,634,000
1,106,-00
14,03:j,700
6,S2ii,000
l,a63,!IO0
Central Nation.il..
Second National..
Ninth National...
First National
Third National ...
N. V. -Vat. Exch
.
2,570,000
3,147,300
19(1,800
;l,62
1.64..i00
14>i,H(IO
l,7;iO.-2O0
45,000
5,400
216,800
1,584,400
210,^00
76,000
427,4 00
116,800
407,0110
2,996,2(H)
7,7-7, 3ilO
2,r.37,20O
1.3' 16,000
l.:105,00O
2,766„5O0
2,423.900
261,100
:186,200
2:il,700
y(j6,;ioo
2,158.7110
417,300
400
1,744,000
2,614,000
460,000
h76,30O
374 3011
33S.OOO
2 3.100
)
6'2
2;7,('00
3,1
44(1,600
4,969,100
370,000
l,86:,--()0
18,'n4.300
17,500.000
1,212,200
1,667,000
863,100
12,533,000
7.1«4,0O0
2,021,000
3,964,700
12.875,100
322.000
IIO.'JOO
1,172.300
1,252,000
1,85.1.100
334.100
86,000
317.700
692,900
l'.!9,800
2.616,'200
2937,300
2,311,200
1,772,300
1,9.30,800
3,429.100
1,398,000
907,200
1,094,400
Germania
United States
Lincoln
Oarlield
Filth National....
46,000'
224.000
seo.ooo
2S17,00O
46,000
516,400
449,900
267,600
223,200
180,000
1,110.400
).8:l6,6o0
2.4
68,100
2.246,,'
00
3.731,800
108,000
84,600
223.7 00
2!i(i,000
170,:100
•.?22,,H)0
18.400
191,700
151.000
2,219,400
2.233.700
2,8-3,300
1,.661,200
782.600
1,071,700
45,000
2.48o.;lOO
296.400
287.900
86.1(.(
'e-iado
1,323,100
4.3110.-200
317,1^00
162,11
648,iiOO
626,500
404,000
66.6(H)
1,190,300
1.785,100
177,300
431.300
642,400
826,300
172.900
213,600
581,400
104,100
rman-.\meric*n.
1.700
317.000
41:i,000
Fifth Avenue
O. rman Kxuli'nge.
OO
375,100
eo.ooii
Chase National...
9.19.1
2.111,400
382.500
1,911,700
857.800
1,849.800
4,261.600
10,102,000
14,092.800
887,700
401,000
4,978,000
14,003,000
4,316,600
1,109,400
Bowery
N. Y. County
621,000
240,900
45,000
2,600
520,200
11,600
6.315,4(10
5,63:',EOO
3,032,700
117,700
27,000
103.300
1,690,000
744.000
14,8:2,000
292,600'
2,247. HOO
1,10:1,800
416,800
421,400
260.000
87,1)00
5,ai4,'900
1,743,800
1.^,100.6(10
17,540,600
2,239,300
:<, 083,600
1,631,000
876,000
9-5,600
1,632.500
210,900
476,000
446,700
908.900
2,0: 8,r.00
Shoe & Leather ..
Corn Exchange ...
1,100
259,000
447.S0O
44,400'
178.000
132,000
295,883,200 48,687,400 28,577,000 281,lll,600|14,341,li
Total
The following are
totals for several
\L. Tenders.l
Specie.
1884.1
weeks
Deposits,
past:
j
Circulation Agg. Clear\
$
M'ySl ;409.648,f:0O 45.985, 60024. 129,100 288.361.300 14,372.?0O 518.863.155
J'ne 7 302,60:1,600 40,187,600 25.984,700 283,323,-.'00 14,372,-.'0(l 6.'0,943,098
" 14;-295,883, '2 0U|48,687,400 2-.677,0()0,2><1.111.000,14,341.100 525,881,2'2»
,'
337,0^J
298.37-
727.4i<9
B.7.iO,000
l!ll.60O
$
21,9-.6
10.:-: 6t
35,:297
613,6.55
3'45,00'6
649.000
Merchants* Exch.
206.3 :0
53'2,877
6,956.000
6,971.700
.">1>2,000!
711,7(10
Tradesmen's
Fulton
........
41'*.516
450,000
747,900!
1,19:1,000
1,679,000
2.:Hlt:!,000
Choniical
9.5-."7,000
8C3.li
4.6r72,!)00
City
(l-
192,405
130,«30
974.768
6,012.342
234.996
7,406.000
7,617,400
7..M 1,000
L'o
Union
America
Pheuix
399. •-•90 1.3 45,580 1,46^,909
42.-', 201
4.156,309 4,0';1.75i 15,159.90^: 15,H92.70i
11,-26
10,23
320,730
287,037
27y.!'23
311,631
1,027..">90 1,'J35,108
1, ••83,786 l,726,61t
6,076,655 6,158,494
971,887
3,165,304
1.238,079 l,193,0di 4,088,343 4.228,02.t
299,329 297,'.'87 1„573,283 1,500,1 15
47.9n2
4^,24
319,600
349.683
30.637
37.30270,707
335,0;I0
137,3H2 H7.765
601.271
605,381
27,5i3
32,124
161306
123.: 03
18J,(il0
23,413
12,950
46 .',332
133.1^3
120,62 4
327.546
327,045
19.457
18.147
60.163
49.4»7
74,66C
.
Do
Do
Do
67,41o
21?,i)35
291.!i:8
Pennsj'lvauia... April
Phila.&KuadV
48,305
23..'.62
M wk May
3d
Otlierlini'.s.i..
179,8>
28,!)0«
S7,1'25
wk J 'ue
Mav
3d wh May
Mex.Nat., NoD/i
Southern Dlv
6,327
31,813
19.356
12 -.804
65,377
15,603
Mar Hough.& O.
Memph. & Chart
Mcxu-an Cent.c
30?,40.i
2f'0.8il
May
May
-d wk
2d wk
Long Island
4.^,078
19.0t;8
May
Cent'l .March
LakeFrie* W.. 'stwkMay
Ft Smith
JL.Kk.M.Ru &T.
60.ti41
May
Kentucky
Ii.Rk.A-
23,5.'i2
64.400
Wk Juno T
1st wk J'ne
Grand Trunk
549.885
5,393
»
439.795
5,049,424
1,122.676
1,912,703
616.488
1883.
1,312,000
1,148.000
10,0119,000
Manhattiin
Merchiints'
Mectiauica'
l,532.0():i
399,07;-:
3,148,704
570.01.
23-1,80.
991,093
587,70.
185,555
8,345.U,i
494.65
201,871
31.58:
276,74156:i.l8'.
a Includes Southern Kansas lines In both years. 6 Includes Southeri
Division.
c Whole .Soiitliweslern system.
rf Not Includini^ earn
New York Pcnn. & Ohio road.
e Including both division/Included in Central Pacitic earnings above.
(7 Emiiracing linos
MlSfionri, Arkansas and Texas.
h Corpus Christi to Siiltilo, 397 mill s
up to May embraced (ulv 23G miles, Lnedii to Saltiilo.
iOulyl3i
miles i;ow, but pilcr to Mry rerrescnled 297 m les.
Ingg of
i
Boston Banks.
—Following are the totals of the Boston banks:
Specie,
1884.
J'ne 2 138,002,100
" 9 138.641,700
••
16 1:18,98:1,800
[fj.
Tenders
Deposits." \Circulntimi Af;g. Clear^ga
4,576.500
85,747,200 23.201,600
49.751.800
6,728,100! 4,44:',700
6,837,0001 4,174,600
8'i,8o;l,5()0 :'3,274,lOo
61.46'1,92»
ti2,380,394
6,010,500
Philadelphia Banks.— The
86,706,000 2 ',359.600
bank»
totals of the Philadelpliia
are as follows:
Law/tU Money.
Deposits.*
Circulation.\A'3g. Cttar^gs
$
6S„498,797
19,02:1,914
76,87-.',745
18.900,721
67,004.697
76,648.881
9
75,0(10,907
18,6:10,715
66,437,930
16
Including the item *' due to otiier banks,"
Jnne 2
"
I
•
Unlisted Securities.
week
—Following are
iDl'ri.
latest quotations for
I
Prof
Trust bonds, 6s
48
California Pacitic
Ist moit
1st luort
Pref
Edison Kleetric Li>ilit
Gal v. Houst. A lim
Halv. Hnrris. A San An...
Georgia Cvntrid— Ist ni...
Georgia Pac.~l8tmort.,6<^
2d mort
Ind. Decatur
A
Keely Motor
Mich. A o., sub
Ciomaion
13
35
2
102
2
5
90
"ii"
40
40
73
8S
88>9
Spriiigf..
3
%\
full paid.
trust ctfi.
si^nc ..
M.K.&T.— Inco'ue
M. Un. T« .-stock.
85
10
29
in
Incomes
A We.steru
Pac, 1st mort.
2d mot
Kans. A Neb.. 2d morl..
Tex.os Pai'iti ;— Old scr p.
New sciip
Tex. St.L., 6.A.\.<Uv,,a*,p
M, A.'\. Div,, 1st mult..
M.A A.Dlv..lucoiiie-i,as p
6s, 1st nioi't,, in rex,is..
Gfn, lst,hi,gr.Aiiic.asp.
Vicksljurg A Altrulia::!..
1.1
mort
16
GO
75
U
4'8
40i-.i
!,
Central
16
5>s
433«
14
10
90
38
35
31
31
1
20
5
20
5
2
5
42"
2d mort
75
6^2
St. Jo.-i6i.li
St. lo. J:
\'is*'(in«tn
•
6
11
24 "a
83
Postal TelcgtapU— Stock
lstraoit,,68
Postil Tel.A Cable-Stock
39
23
Pirf
Ist mo t
Mut.Un— Sl'ck
boniis..
Telepluine
Pilialjurgit Wtsteru
1st mort
Port llo\ al A Aug.- 1st
i\
s.
W. Income bon
Pac— Dlv.
Nor. h Riv. Cons.— 100 li.c
Ohio Cent.— liiv. Dlv., l,..t
Incon es
PeiisacolaA .\tl.— Istiu..
4
4
10
30
3
"3
Pciijile's
Denv.A Kio Gr. W
Des Moines A Fr. Dodge..
A
47 »,
10
101 •<
byC-n. Pac.
Gra d Trunk..
2(1 ni. (luiir.
&
mir:
North.
7
11
3
Prel
New Jersey Soudiei'n
N. Y. A (ireeud Lake, Isi
2(1
.
Debentures
N. Y.APhda
nuir.
Chicago
a
ma. Ask.
N. y. W. Sh. A B.-SIOCK.
New Jersey A N. Y
I eh. Ciil,
I'acilic
Boat. 1£.
B.— New stock
UOHt. H T.& West.— Sl'ck
5'.
48.213.-.!7'i
Securities.
\Aslc.
A
A
A
N.
46,676,670
58,287,768
8,426,074
_^^
5ecttriti€s.
H.
8,446,?trj
pastj
Atlantic & Pac.— 68, Ist M
Blocka. 3> p. c
Aiu. Bank Note Co
Am. U' way IniiKex.bdssik
I.
S,43:.H16
T-.
95
65
10
June
TIIK
21. 18S4.|
iniONKXF.
(
JUU est in CUTS
KAII^ROAD IKTELLIOENCE,
yrom
I'
1
out extra charge to all regular subscribers of the Chrohioli'
Extra copies are sold to subscribers of thi; Chokniolb at 80
cents each, and to others than subscribers at |l per oopy,
The follow-
ing directora were elected, viz: Messrs. H. J. Jewett, C. C.
Waite, E. A. Ferguson, John Carlisle. F. H. .Short. George R.
Blanchard, J. M. Adams, Wm. A. Procter and Wm. Hooper.
The only change in the Ixiard was the substitution of Mr.
Procter for Mr. llaniia. The Iward organized by the election
of all the old olficers. 21,313 shares voted. From the brief
report submitted at the meeting, as given by the Cincinnati
Commercial-Uazette, the figures below for 1883-84 have lieen
made up in comparisoa with last year's statement:
1882
Operating expt U8es
(iool.
83.
?3.08S,107
tuxes &in8ur.). 2,100,OIU
Nctciruings
$983,301
Deiliicl—
Interest on bonds
X>tvtdeu>ls < n Duytuu
iliscelianeous
$.")12.093
&
132.010
7,630
Mich, stock
1983 84.
$5,042.4(11
2,0:3 TOJ
".
$309.8 10
132,013
6,l>i5
Netsurplus
For the fiscal year 1883-84 it
over all obligatory charges was fSlO,?!."). From this deduct
also dividends which have been paid during tlie year upon the
out.standing preferred and common stock of Cincinnati HamilDayton Railroad, viz:
ton
£i.x per cent on pref. stock
$26,483
Six percent on coujuiuu stock
210.000
&
$236.4S3
Balance surplus
$74,232
This surplus when divided up to the different roads was distributed as follows:
CreditC H.&l).. surplus earnings
$147,706
43,0B0
Credit C. R. .fe C, surplus earulugs
Total
Total
Debit C. H.
& 1. RK.
»!•
•
Co., loss in oporatlog
Balance
$190,832
116,600
$74,232
Mr. Jewett's report says: "As compared with the results of
the previous year, there was an iticrease of f46,610 in the passenger receipts and a decrease of $87,920 in the freight receipts, caused by the suspension of traffic diu'ing the floods at
Cincinnati and the reduction in rates during the latter part of
the year: a reduction of |43,946inthe gross earnings, of i|'.*0,140
in working expenses and of $'33,800 in the net earnings from
traffic.
"There have been very general repairs and extensive renewand purchases made" during the year, much improving the
als
condition of the properties, wliile there has been a favorable
reduction of expenses in all departments of maintenance.
There was a net revenue of 118.903 in the operation of the
«levator properties, while the benefit of these improved facilities is shown by the increase of traffic.
"In accordance with the provisions of the consolidated mortdecreased during the year
fage, the funded debt has been
28.000.
"There were 1,011 shares of preferred stock sold during the
year, and the following expenditures made and charged to
construction, equipment and real estate:
$95,974
Extension of double track
3.,a3
Aadltiiuiiil side tracks C. H. * D. ItK
:..-.
Additional si.le tracks D.& .M. RK
I. RR
Additional Sid.- tiii.ksC'. H.
T
RR
lacks
.M.
D
.t
Additional 8 d.-t
Couiplrtiou of round-house aud turu table at Indianapolis
2.243
7,000
,.V.
oO
1,311
$100,930
Balance p-tid n pasifnger oars and f>r real estate
Total eonstructlnii, eiiuipiuent ani reilearate
Amount reallz d from sale of preferred stock
$li>.353
Balani-cadvancnd from ea-nings current year
Balance advanced from earnluKS last year
$.')4.8lJ
lo,oji
Percent
of
Total advaiKcd from earnings sluco 1882
f 203.289
&
Uraiid
-
«M.«Y
w
»—
-i i
.
-
-
:
ioi»i
>
fiio.ntf
$*B..17
4j j
nuirarulngi
Balance from 18M
UroMeariilnKS l(ti»8
I<Ma exiwute*
gA ' tjg
,.,
„...'.'.'.'.','.'.'i':{i\iM7
1
.D.tTO
.(MiiM)-
^^A
$21 jn*
" The oixrating exjieniies for tho year »r« »7W p«T c»>nf twing a slight decreah«< for |H8:| over IH"*-,', not"
1.1
extraordinary expensed cau'ieti in part by tinthe total doglriiclton of our trtntle work •lon^- uw jlaiimew
River, and the cimseinient siispenaion of nil bu-iin fi otll of
our depot connectionn, with the PemmylvaniB and tliK Hotting Vallev roads at Toledo— an<I the long and unua«ull/ hald
winter. But for these extroardinary expenfles. our opermting
eziMnsos for the year would not have exceeds
"i'3 par
cent, as estimated in our last report. This lo^^
>pan^
ting expenses is owing to the large pro|>orth.ii 01
irnioga
receivoi! from other companies who uw |M>rtion.H of thin liM
with their own motive power— the amounts received from thi*
1
'
>
business entailing no corres|)on*ling expense. Tlteseconditiofw
can be regarded as permanent, and it is believed that a rate of
operating expenses of 50 per cent will enable as to maintain ia
a thorough manner the property of the company." • • •
"The
coal tonnage handled in 1883
'
Trunk Railway
14h,447
121,298 tons,
show-
'
'
We^
"
1
'
and
Slichigan."
UALA.!ICa
SHEKT
OBOmBBB 91,
1893.
AjMlf.
I,>5,!t4
101, loj
was
ing an increase its compared with 1882 of .">3,U44 tons, or 77--15
per cent. It is estimated that this percentage of ft"nn*l iivcrease will continue for many years to come, thus securing t^
this company a large and profitable coal traffic for delirenr at
all points in Michigan and Canada west of London, Ont."
* •
" The admission of this companjr into the 'Oreat Easteis
Fast Freight Line,' and the working over our road of tha
Hoosac Tunnel," the Commercial Express,' and the
Shore,' fast freight lines (tlus road being the only route bf
which these lines can do a Toledo business) assure* us of a
rapid and profitable increase in our traffic." • • •
" The 'Michigan Air Line' division of the Grand Trunk Railway of Canada was complete<l last fall, via South Lyons to
Jackson, but little business, however, was done before the en4
of Decemlier. Traffic is now being exchanged between the
Grand Trunk and this company at South Lyons for all points
• »
in Canada and New England.
"Since our last report the Pontiac Oxford ^ Port Austin ba$
been completed, and we shall this year receive from that company a fair traffic in lumber aud salt south and deliver to it
• • •
a return traffic in coal and merchandise north.
"On the 27th of November, 1883, the board of directors approved and ratified a lease by the President of this comituny
to the Michigan & Ohio Railroad for the joint use of our tracks,
side tracks, station houses and transfer grounds, between
Toledo, Ohio, and Dundee, Michigan, a distance of twenty-two
miles. This lease is mutually advantageous to both comiKinies,
and secures to the Michigan & Ohio Coupany railrc-ul cunnections at Toledo more desirable than any which it could otherwise command except by an expenditure of money which,
owing to the difficulty of getting an entrance into Toledo, m
not easily estimated."' * •
" The early completion of the new Toledo Belt Road, which
is now secured, will give to this company, in aidition to our
!present Pennsylvania and Hocking Valley connect
petitive connections of great value with all the r.i
the south side of the Maumee River, which are now, or wmch
«
•
»
may hereafter bo built."
"The extension of the 'North Michigan' frmi •^r.utli T.yona,
ulied
via Owosso, to St. Louis and Mt. Pleasant.!
'a-oisio
with energy, and we now expect the division i"
and St. Louis to be completed and ready to ojurate by th*
•
•
•
"Tnour l.-vst annual report
15th (fM^y."
it was stated that the terms and conditions of consolidation of
this comiiany with the North Miihig:iii Ivid l>een agreed upon:
ii.-iti.m of
|«isti. -i.' ii
it was 8ul)se(iuently detenu iiifd tn
'
n>«d
consolidation luitil Jhat portion of the
li tl»o
between Owosso and St. LouLs w:i.s cainpN
proposition for consolidation will be subinitlwl to a vuu> i>f the
stockholders, as provide»l by the laws of the Slateii of Ohio
CoDsttuction
........N.-..,...
•....••.^.. .••
K<|>il|>mrut
Toledo Ana Arbor
mf mmpn
^t
tfi*.«.K
Total.
tfnoAMi
Total net rarnlnKn for 1^83
3958,755
$051,741
$018,040
$336,650
$310,715
thus ap)>ear8 that the surplus
Total deductions
••-
,
(For the year ending March 31, 1S34.)
At Cincinnati, Oliio, June 17, the annual meeting of the
•Gross rpcelptg
'•
Balance carried tu IH81
Dnytoii.
held.
—
r«>»»<ni<o
Interest on lint (»o<l onlj) mortgii(« bonds
ANNUAL REPORTS.
company was
I
!•»•
-'
Kroiu tuiKiHdIaneoa*
—
stockholders of this railroad
-7
"•"unnrt
I
The Invbotors' Supplbmbot nontatnH a nomplete exhibit of the
Debt of States and Cities and oft/ie StonkM and Ponds
of Railroads and other Companies. It is vublixhed on the
Saturday
last
of every other month tiz., Fubman/, April,
June, August, October and December, ami is furnished with-
k
»|1T,«W
fr<-l«bi
1
Fh tided
CInriiiiiati Hitiiiiltun
737
•
•
.
•
$3,187,339
13>7rti
fuel and suppllns
I)ui' fiom ageuts anil others
Cash
«.',4iM,eJ«
Tjtal
Co.
{For the year ending Dec. 31. 1883.)
The board of directors have submitted their third annual
report of the operation, of the company. The gross earnings
for 1883 (a large proportion of which is from local trartir)
shows an increase of 17-86 per cent over the yejir 18.83, with
the same mileage, motive-power and rolling stcxik. The gross
earnings and ojwratiug expenses for the year 1983 are as follows:
.; •--Capital stock
Fiindcl rtctit. 1st inortcaoe « per cent 40 year fold boniii
•
'
I.
IMMHMintS
., •
\
1,
v-ldcy. Preedeul, uu aocnont of rol>t ik 'miorii.
by
lilm
fiinii^lio"!
AcIncome mccouut si. rplae.... •*•••«..
1
.
Total
—
•1 .000.000
I
;mj.o
4U
73.»«l
—
—
THE CHRONICLE.
738
LouisTille Evansville & St. Louis.
{For the year ending Bee. 31, 1883.)
The annual report of the Louisville Evansville & St. Louis
Railway Company (of which Colonel Jonas H. Frencli is
President) for the year ending Dec. 31, 1883, shows that thetotal length of the road is 353-04 miles, and the earnings and
expenses of tlie same were as below
:
OPERATING EXPENSES.
EAHNINGS.
$229,899
PassenKer
Freight
Mail
Express
Miscellaneous
3Hft,201
13,<33
15..'>58
9,237
$632,928
Gross earn ings
Traus. passeugets
Trans, freiglit
$98,307
Maintenanceof way
Motive power
Maiutenanee of cars
General expenses
111,459
126,552
41,068
39,658
101,95.5
Total operat. expenses. $521 ,999
$110,929
Net earnlnga over operating expenses
EXTBAOKDINABY EXPENSES.
Taxes
*J;!'o?l
Vi'?^,^
Interest
Bent of other roads
__'__
Total extraordinary expenses
Net earnings
^li-'r/w
4/,o0-
& Wilkesbarre Coal Company.
(Fur the year ending Deo. 31, 1883.)
The annual statement of tliis company says "The total
production of coal from the mines of the company for the
year was 2,245,062 tons, and in addition 93.770 tons were purchased. 1,530,330 tons were shipped to Port Johnston, and
the balance distributed from the mines for other points on
lines of Philadelphia & Reading Railroad Co. and beyond.
The amount of |375,273 expended on colliery improvements,
and for other new work has been charged to the expenses of
Lehigli
:
the business.
"The mortgage debt was reduced during the year $406,605,
exclusive of the $34,015 deposited with trustees for redempNavigation Co. bonds of 1894. In
tion of Lehigh Coal
addition to the above, was paid in January, 1884, $38,000 of
the New Jersey Coal Company purchase money bonds, and a
further sum of $50,000 of the Nottingham Coal Company purchase money bonds will be due and payable April 1. In May
last the sterling bonds drawn in 1881 and 1883 were paid,
leaving only the drawing of 1883, amounting to $75,000 unThis, with the drawing of 1884, not yet advised, should
paid.
be paid in May next, leaving only the regular drawings to
be provided for annually. Of the $500,000 five-year mortgage
bonds which matured July 1, $200,000 have been extended four years, and the sinking funds continued
loans
on
Of
the
of
same.
redemption
for
the
there
earned,
if
only
payable
is
interest
which
was paid the regular interest on the income bonds issued for
funding consolidated coupons, and 2^^ per cent on the $6,116,000 consolidated bonds held by the Central Railroad Company
of New Jersey. •
"The property of the company has been kept up to the best
standard^ and its facilities enlarged and improved.
Reading Coal
"The matter of lease to the PhOadelphia
Iron Company, referred to in circular of 15th September last,
received favorable responses from a large number of stockholders, but no definite proposition, however, for your consideration was reached, and the subject is not likely to be considered at the annual meeting."
X.BHIOH A WILKE8BARKE COAL COMPANY PROFIT AND LOSS STATEMENT
FOB THE YEAR ENDING DEC. 31. 1883.
&
&
&
Dr.
Coal on hand Uec. 31, 1852,. 51,552 tons
Itiningcoal
Coal purcUased
Btanton shaft and colliery, I/ance colliery and Green Mountain improvements
Second openings
new openings
Royalty on coal mined
Overpaid royalty on lease surrendered
Tunnels, slopes and other
Transportation (Central Railroad of New Jersey and Philadelphia & Reading Railroad Co)
Harbor and coant fninhls
Shipping, Port Johnston
Pier rent. Port Johnston
Newark Yard ex penses
Eastern wharves. Mystic. Salem, &o
Salaries, rent, legal and other expenses
•
Trtxes and insurance
Interest
Cliarges for sinking funds
Sm-plus for year
Company.
Georgia Pacific. The following statement is made by this
company for May and the eight mouths of its fiscal year from
—
Oct.
1
to
May
31
:
May.
Earnings
Expenses
Eight months.
29,523
$377,829
219.024
$17,491
$128,805
62-8
65-9
$47.01-1
'.
;
Net earnings
Per cent of expenses
The company is now operating 275 miles of road. Work is
progressing on the gap west of Birmingham, Ala., on mainline.
Grand Kapids & Indiana. The debenture bondholders
of the Continental Improvement Company met recently in
Philadelpliia, and resolved to Issue $16,000,000 of bonds, with
which to pay off the claims of the Pennsylvania Railroad, and
re-adjust the debt of the company generally. The meeting was
called to consider the report of the committee appointed on
May 15 to present a plan for re-adjusting the debt and settling
The committee's report
with the Pennsylvfmia Railroad.
stated that the debt of the Grand Rapids road was $11,419,349,
of which $5,500,000 was first mortgage bonds, $3,119,349 was
due to the Pennsylvania Railroad and Pennsylvania Company,
$2,500,000 was income lx)nds and $300,000 represented the cost
of the Mackinac extension. The committee proposed to issue
a fifteen year second mortgage six per cent bond, redeemable
at any time witliin ten years, to the amount of $3,000,000, of
which $3,700,000 should be paid on account of tlie indebtedness due the Pennsylvania and $300,000 should re-pay the debt
incurred in constructing the Mackinac extension.
—
Besides tliis loan another one of $13,000,000, bearing interest
Of
at 5 per cent, and running forty years, was to be made.
this $5,500,000 was to be reserved to pay the first mortgage,
$3,000,000 to be reserved to pay the mortgage mentioned above,
$500,000 was to pay the balance due the Pennsylvania, $3,500,000 to pay the income bonds of the company, and the balance,
$1,500,000, was to be reserved in the treasury was an extension
and improvement fund. The report stated that this arrangement would be acceptable to the Pennsylvania Railroad Company, and after some discussion the report was adopted by a
committee consisting of John N. Hutchinunanimous vote.
son, H. H. Houston and Thomas D. Messier, was appointed to
carry out the agreement between the several companies.
A
Minneapolis Union.
—The
Union Railroad
Minneapolis
applies to the Stock Exchange to list $650,000 of its
first mortage 6 per cent 40-year gold bonds, dated March 1,
1883, due July 1, 1932; the trustees to be the Central Trust
Company. Tliis is part of the $3,000,000 issue of June 14,
1883; $1,500,000 bonds were then listed.
Nashville Chattanooga & St. Lonis.— The gross and net
earnings for Itfay, and for the eleven months ending May 81,
in 1882-83 and 1883-84, have been as follows:
Company
-May.
.
.
$1B0,751
Grosseamings
OperaUng expenses... 105.432
$171,079
$35,319
55.030
$30,239
Net earnings
Interest
and taxes
-
J\cly I to
1883-4.
1883.
1884.
MaySi.
.
1882-3.
$2,210,130
1,221,179
$2,112,862
1,187,962
$75,958
54,107
$988,9.'M
607.815
$924,900
596,811
$21,791
$381,136
$328,089
95,121
Railroads Operated in New York State (Quarterly Reports.)
The following abstract has been specially compiled for the
Chronicle from returns made to the Railroad Commissioners
of this State for the quarter ending March 31, 1884:
N. r. Lake line Home Walerfn A". T. Cent. <t
3,280,054
12o.7.=..'i
153,383
60,000
15.049
28.356
71,933
70.991
837,731
—
Receipts—
Gross earnings
Operating expenses
99,142
$8,908,749
<t
Western.
<*
Total net receipts
Deductions —
Interest on funded debt.
Taxes of all kinds
Ogdeusbury.
Hud.
$324,903
242,614
$i,710,59l
3,972,893
$594,514
293.151
$32,259
$2,737,698
$377,695
$32,259
$2,737,693
fl, 151, 348
$68,373
44,119
$S26,617
324,750
93.^17
48l',633
185.6(;5
Rentals
MisccUaneouB
Hiver.
$1,559,145
3,974,601
~
Net earnings
Income from other sources.
289,ti93
Total
1
—A
Surplus
181,546
15.728
77,998
199.347
45,233
XXX Vm.
valid lien on the roads, and another that they are not, and the
case wiU go to the Supreme Court of the United States.
Boston report says that all the differCoiinotton Talley.
ences in the matter of the reorganization of the Connotton
Valley Railroad have been harmonized, find the larger bondholders and stockholders, including Sidney Bartlett, have
signed the reorganization agreement. Over $4,000,000 of bonds
and securities have been deposited with the International Trust
$182,027
2.9S4,838
188,336
[Vol.
•273,029
Cr.
Bales of coal
Amounts received for coal
other parties
Franklin Branch
$8,374,602
48,938
11.588
63,123
7 224
RR
Rents
Interest
Miscellaneous
Coal on hand Deo. 31, IStJS, 107,944 tons
3.'),34o
307,926
$3,908,749
Total
GENERAL INVESTMENT NEWS.
Arkansas R. R. Bonds.
—In
the Arkansas railroad cases,
involving the liability of the Little Rock & Fort Smith and
the Little Rock Mississippi & Texas railroads, Mr. J. R. Dos
Passos says that Judge Caldwell has filed an elaborate oiiinion
at Little Rock in favor of the legality of the bonds, and declaring them to be a lien on the roads. The attitude of the
case now is that one court has declared that the bonds ai-e a
Balance
*
$112,492
$1,703,859
def.$i26,164
Total deductions
mined from company's lands by
Includes guaranteed interest, $S 1 ,340
$1,041,000
def. $3L',233 sur.$l,096,698
;
intei est
on euuipraent, loans
and mortgages, $90,592 Pavonia ferrie-s &o., $111,097.
The New York Central & Hudson quarterly dividend of 2
per cent in April called for $1,788,566, leaving a deficiency in
net earnings for tliat quarter below the amount required for
the dividend of $691,868. For the six montlis— October to
March inclusive, the following exhibit is made:
Octoberl,1883, to March 31, 1881—
„
.„.„„„
Gross earnings
*^^SS*'I22
8,90ii,b93
;
—
.
Operating expenses, 60-86 per cent
Net earnings for six months
Deduct Interest, rentals and taxes
Balance
Six months dividends, paid
Deficit
$5,724,028
2,790,000
~*I-?2i'Vf8
laJ
d.Sl
i.
$843,124
Junk
31,
Tin:
1834]
&
<)g:doii!<biir)f
I.akp.
Cliaiiiplaln.— A
Alhans says: "The rtMilt of
holdiTH of
:
)
:
I'
M ,l)iirg
'
tliiuiiiiuml
&
(lIsiNiti'li
luet'tliig
of
(
niioNK
K(|H<nriMI
frnni Kt.
Hlook-
llllrl
Olvldrnd u(
tli«
r^iiko I'liiiuiplaiii itailroiid (>>ni-
73«
i.i«;
I
Totkl rxprndlt'ii
inn siirinisp. 'J'liii old lioani i>t iUtwpuiiy, at ()
x
witli tiin''
'iitioiis, wcro Ousted, and tlw f<lpi-tioii wo-t
oarripd in tlio inlrcMt of the l'aRsuin|»4itr ami St. <ruliii.sliury
n)ad8. Tlio I'luiiiKr in tho conipaiiy in a radical oni<, and tlu>
roads are to (hj run in the intfri'st of tho storkholdorH and for
tlu- dpvelopmeut of Imsinosa and tradlo for tlio lino.
OrOM
.
ri(rnlngs
.
tor-i,
Dntlilt five in'.iiihi
,
(Rut oiniiiing ih« $1,(N».197 for AprM dhrt(l<qi<i
•'iO'i'
the««>unfaTornblnmontlui escnaiM all clkUKw
^'
•'
i
It/
•'
"
"'irincial cnrndition of tbe ooidUnion I'acidc.— Tho alTairs of this (;oui|iany havo awtuuiiHl
M* floatiag ilolit amoantod |o
a much more ho|>efiil asj)ec't. Mr. Dillon, wliose hoalth wa« 1*'
mtiuh shattered, has resiffned as President, and Mr. C'liarlos III
ible
Francis Adams, .fr.. has lx;(>n oloctod a.s liis Huccessor. The A..
•i40jrT
....
vntioh^r*.
compiuiy li.as very wisely dotomiined to pay no more dividends I'jt.v
Dlvideain (llipilll
rarilr >tila> t/ilUhVm
diirini; ISSi. and it is obvious that it wouUl have tH?en wretched
l^oupnns uiiiudd
'•>«»
X074Mi
imlicy to attempt to pay snoh <lividends until the company is Called Iwnits
'iot«l
JtVOM.iS
thoroughly overhauled, its |^)endinfj issues with thedovernTotuI floatintideh(...$t1,400,0»0
ment adjusteii, and its tloatrng ol)ligation8 brought entirely
Vtt flnntlnc d«M Mmt.
under control. Tlie only serious mistake that appears to have
3i,iHH4
$aMi;tu
l>een made in the iimineial management was the payment of
The report ad*i: "Were the itfm of furl, matcalal and
the divideml in .\pril last.
stores on hanil—<
•> praotio*
Mr. Adams has elTectod a settlement with the U. H. Henate of accountants ill
urn wooM
(
J udiciai-y Committee which is good now.and may lead to an ulti- be redticcd to $'.'.. "'.'n^; ipiii tins nunc cIihh not reganl it
tnato adjustment of all the questions at issue, by permitting this an availal>le ulTsit to the McKiting debt when tfa« road in In
company, as well as tho Central Pacitio, to extend their whole active operation, and ha-s therefore excluded it."
indebtedness in a sixty-year 8 per cent bond, on which annual
The total debt of the Union PacifU- Itailway ConipaoT (»
If this should be done, the
interest should l)e reguUxrly paid.
March 31 was $10:1,1(17,389, and the tot.d ^4to<'k and debTacgi
U. S. Government would have a good security, and, considering gated $2'J3,975,HM9. The total aaiieU v
'HO,»73, lea»
the incidental benefits to tho country by the construction of a surplus, including land sales, of $
.or, ezolttdinc
the Pacific roads, the Government might fairly point to its
land sales, of $4,311,039.
subsidies gi'imted them its the most profitable investment it
The Commissioner says that a large [lortion of the <l^tiiMr
luid ever made.
The present adjustment is shown in the state- debt is a gradual accumulation from pxpenditures mad* om
ments following. The Chairman of the Senate Judiciary Com- of 8uri>lus current earnings of the company in the conatmctian
mittee has sent to the Secretary of tho Interior a letter of branch lines, the stocks and bonds of whi<h in whole or in
informing him of the a'foption of the following resolution in part arc held by the company to the amount of $37,003,Rfl9,
regard to the Union Pacific questions which the Committee and are available as a set-on against the floating debt or for
has had imder consideration for some time
any other debts of the com[Kiny. A large proportion of thfwa
stocks and lx>nds are "quick" assets, and cotdd be readilj
lifsuttecl. That tUln comuiitteo will jiostpono iintil the first Monday In
December. 18S4, tho further cDiisiiionitlon of tho mitters arlgliiK under converted into cash. Many of the branch line* are wholly the
tli<> act of May 7, IH78. rdatitig to tho Union Paclflo Railway t'ompauy,
property of the company.
if the Bald eoinpany ehall Immediately carry out the offer of Mr. AdumR,
The assets of the company on March 31, were made np ol
as atatod in his eoiutuuniciitiou dated Juno 17, I88t, addre^HOd to the
Iloii. (icorge F. Hoar, and on tho express underBtandliif; that this action
the following items:
of thft oonipany and of tUo United States iu receivinj? tho money and
Owtof road and equipment
iJoenrity In said co iiiiuunleation& mentioned.^shall have no eft'ect or any
Sii7,li(Hfi\9
2,632,777
penalty or forfeiture or other rlijht of tho United States Incurred or l''nel, material and stores on hand
Cash ou hand
810,977
arising, or to oeenr or arise afralnst the said company or any of Its
Stocks and liouds owned
2.074,064
olllccre; hut that all ri!!hti>, penalties and fort'eitures shall etand as U
Sinking funds (cost)
116.000
these acts bad not been done.
Bills and accounts receivable
3.03P,2M
Following is the coaimunication of Charles Francis Adams, lionds and stocks of other companies (ooet)
37,00836S
Miscellaneous in vestments
24l.:il0
.Ir., as delivered to Mr. Hoar:
Interest re-pald United States by transportation
7,134.231
Keferrinft to what pas.sed at your meetini; with certain directors of the
for transportation
Due
from
United
States
8,616.723
ITnion Paeitlo Railway Company, in Boston, on the 10th Inst., I would
Land contracts and land cash
lOifllS.Otft
state that the following was there proposed as the basis of temporary
Advances p.iyable In bonds aad stocks
6,823,778
cettlenient with the Government, pending action of thu courts on claims
I,S07
Sinking funds, cash
now in dispute
funds
iu United 8taieaTreiuai7...
2,270,000
Stuking
.^
First— No further dividends shall be paid on the stock of the company
<
.
1
|
,
I
'
'
M
'
:
dip ing tho present year.
Ki'cond— Until the (luestlons now pending in court are decided and a
settlement between the Government and the company effected, the
(J'lvernment shall retain in the treasury ail earnings now due, or which
may hereafter oecoTne due, not only on tlin subsidized lines of the coml);m}'. but also on the non-sui sidiz.cd portion of its lines specified in
Presldont Dillon's letter of Jimo ">, addressed to the Secretary of the
•23».2C0,573
Total
Statoment No. 4 shows the condition of the branch line*
operated by and in the interest of the company. The total
earnings were $8,7.')8.453; expenses, including taxes. $<l,815,>
030; surplus, $3,442,831; bonds outstanding, $49,883,000; annual
Interior.
owned by Union Pacific, $33,615-,
hird— Saving all Its legal rights on points iu litigation, the company interest, $3,510,900; bonds
730: annual interest, $1,.'>9.),791; bonds owned by others,
will forthwith pay into the Treasury on :u'eount of the slnltlng fund the
KUiM of $718,814 60, being the amount demanded by the Secretary of $17,267,269; annual interest, $91."). 108.
the Treasury as payment under tho Thunnan act for Iho year ending
The June report of the Land Department of the Union Paciflc
Dec. .11, 188!; said sum 10 be treated as a payment ou account should
more hereafter prove to be duo to tho Governiucnt. and us a payment In Railway Company shows Kiles in the five months of the presMdvanco of amounts in future to boconio due should loss prove now to ent year of l,(U7,02.'i acres in the Nebniska Division, forth*
be I'.up.
in Kansas for $803,891.
Fourth— The sum of $G.',3r)9 83 deposited in tho Treasury July 2fi. sum of $3,369,250, and of 167,4.50 acres
HSI, shall Ijo carried to the credit of tho sinking fund, asset forth in These land sales go mainly to cancel bonds bearing 6, 7 and 8
President JJiUon's letter of Juno 5, ISrl, already referred to.
per cent interest, and thus in five months the sales have been
The above proposition, it. is submitteil, affords tho (ioverument ample sufficient to cancel an interest charge on the company of about
.'security for ))ayments which shall become tine when the matters at issue
$250,000 per year.
iu the construction of the Thunnan act slL-ill hawi been deelrled by t e
courts. According to tho contention of the company (riupplenicntal
At tho comimny's office the following official statement in
statement June tl, age 5). tiie balanco now due wliu-h this pro;uisal regard to the Kansas P.icific consolidated mortgage booda
wonhl leave unpaid (supposing the demand by tho 8ecn>t;iry of tho Inm:ide
terior was oihcrwise correcrly coiuputo<lK would be only ^59s. 14(1. As
S( eurlty for the payment of this sum the (jovernment holds In lis hands
Tha bonds have l>ecorac a first lien (the old l»nd-«T«nt bonds having
'.ho adi!iste<i tiniafljndicated] though in largo jiart not dispiued claims
been paid and ean''el'<i» nnnn ill iti" eomiMnv's hinds ad iron t to tba
of the oompimy against it to the amoiiut of *'l,'Jti0,4f)d, aid also'tlio iltstSHOmliesof Us
'ver
1
—
]
1
amounts
tion of its lines,
E^rimc
dun for services rendered on the subsidiited porwhich will before the close of tl.e year amount to
as.snnied to bo
$300,000.
The Commissioner of Railroads has transmitted to the
SecretaJT^ of the Interior a report of the financial condition of
the Union Pacific Railway company, as recently ascertainetl
by the Ijookkeepers of tho railroad office, from the general
books of the comp.'my at Boston. The first statement of the
report shows the earnings and expenses of the entire system
from January 1 to May 31, 1884. The figures for April and
are partly estimated, and, accepting these mtimates, the
total eammgs for the five months to May 31. 18f*4, would be
$9,232,765, and the total expenses. |6,18-t,898, leaving a surplas
of $3,037,872, which is less by $1,983.25.5 than the surplus
during the corresponding period in 1883 (leaving out the St.
May
Joseph & Western Kailroad.
Statement No. 2 shows the revenue and expenditun^s of the
lompany
for the five
months ended May
31, 1884, as follows:
<H-Of8 earnings
$9,22'i,T(5.'>
oiieraling expenses, entire system
I)i-(Ount and interest
Interest on first mortgage bonds
$6,184,893
Iiiui-est on other funded debt
Unitid -States r.<iuireincnt, 5 per
oiiipany'R sinking fimd
New eouHtiueliiUi
t
New
oiulpnient
77.'i37
1,0.'^7.000
:
cent and 23 percent
8.5.000
801,874
162,000
,?2'Si7
14»,jbi
'"••
.500,000 acres, nn.l
limlt«for Inst year's.-...
held by the trustees as fui
OOU in notes which have
the unsold l.nds und II
lines amoimtlnir at par !
1
$1.7*^0,00.).
Ihe bonds
resent tlio ""'!'
lug line.s.
"'
'
jr*
>
••J,-
for Lho*.
lo
d for land-
MT
:.<. tlmr.'i.
!
li
•
«t«ek»;im...iu:.u.; at jijr to
ire been issued b.v anil t^>^.iilons tiibn'.irv an4lft..«d-
u4 of tba
s (which
M)Tin»r«*d
eonsolld.L;
in I'--"
Wl!
..ill••
rial'
secured
(
-i>tlimU«po.t.
miles of mllw»y
eh from [.etiven'
',
i
i
,.,,
ill'^
atjr
-1
acres of:
jj,,,)
ot
i.ilOO
,
.
i,m»«
1
nee,
SI
mr
giu:
set'tii.t
II
'.lilii„-i<,
Thetrii
celved 1>:
from the fnun time to tiini' 11' ilf piiiiii.-n; ••;
tho twnds. and :iU,> In rel.eninij,- .n
price (or which they can ho had, ni
H4kl«M
...
iiip'loi
which
r
lUA)- I'D *due
..<i>ondaBtlba
:
int«Teat.
The value of the mortsaffed pr.
Indenture, 'avlng a»tde tlw ««ncr
Pdclllc Ralhv.iy t'o'up.iiiy. are unii...
paymeut of the Interest as it lieeomc
iirmelpal when il bocomes due.
th.i'
and
:
tin
prinotpataad
pravMone of th« 0«ii
in r the OoiiMildalMI
tMM
bouirMC Ik* ptMM*
a tbe p*r<>M>* "f *•
'
.
.
;
..
THE CHRONICLE.
740
ghc
COTTON.
(JDommjetcial ^Jimts.
Friday, P, M,, June 20, 1884.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (June 20\ the total receipts have reached 4,725
bales, against 8,409 bales last week, 12,584 bales the previous
week and 8,129 bales three weeks since; making the total
receipts since the 1st of September, 1883, 4,777,380 bales, against
5,881,551 bales for the same period of 1882-83, showing a
decrease since September 1, 1883, of 1,101,171 bales.
The Movement op the Crop,
COMMERCIAL EPITOME.
Friday Might, June
20, 1884.
week has
generally been very favorable for
the growth of the crops. Business is of a midsummer character,
and Bpsculation in staples of agriculture has been quite uni-
The weather
this
xxsvin.
[Vol.
prices, the decline in some cases being
and promoting a much freer export movement. To reduce stocks on hand and force speculative holders
to liquidate seems to be urged on all sides, in deference to the
position of the banks, a process which must soon give values a
formly toward lower
quite important,
Receipts
at—
Indjanola, &c.
New Orleans...
Wed.
Tuet.
13
QalveBton
25
18
231
82
1
31
11
77
IIG
5
111
6
13
MobUe
very solid basis.
Lard has been greatly depressed, under the increased arrival of swine at Western markets, and to-day the market was
almost panicky, closing weak at 7'36c. for .July, 7'71c. for
August, 7 -830. for September and 7 90c. for October, a
Spot lard
decline for the week of about f4'^. per lb.
is also decidedly lower, with a somewhat unsettled closing
at about 7-50c. for prime city, 7'7.5c. for prime Western
and 7-90c. for refined for the Continent. Pork is weak
and nearly nominal at $16 50@ $17 for mess. Bacon quoted
at 9@93;ic. for long clear. Cut meats have sold fairly,
at prices showing some degree of steadiness; pickled bel-
Hon.
Sat.
Thurt.
FYi.
143
14
14
Cliarleatoii
432
I
1
1
538
7S9
103
51
11
173
Florida
Savanuali
BrunBW'k, &c.
Total.
323
36
11
434
171
2S
Pt. Royal, &c.
4
Wilmington
Moreli'd C.,&e
Sortolk
Id
11
45
4S
UO
86
Sew York
30
244
42
Boston
Baltimore
7i^@8c., shoulders 734c. and hams 12@12i^c.; smoked
shoulders 8@8i|c., hams 13i4@14c. Dressed hogs quoted at
6j8@7c. Beet dull; plain mess $12 and packet $13perbbl.
India mess $18(a$19 per tierce; beef hams $2S@$29 per bbl.
Tallow has been more freely offered at 6J20- Stearine quoted
at Q^c, and oleomargarine SJ^c. Butter did not fully sus-
tills
30
93
21
325-
33
43
126
week
545
329
1,930
3-21
1,628
Philadelp'a, &c.
Totals
265
95
25
WestPolntj&c
204
2,107
5331
4,7i
lies
For comparison, we give the following table shelving the week's
total receipts, the toti3 since Sept.l, 1883, and the stock to-night,
and the same items
Seeeipti to
tain the recent improvement; creamery, 17@3jC.; Western
factory, 10@ 14c. Cheese active but weak at 6(al0o. for fact-
5%@5
for 96-degrees test
ll-16c.
e^'gC.
12,393 5,831,531
361,999 401 626
171
Wilmington
M'lieadC.,&c
18
265
95
325
Norfolk
WestPolnt,«Sio
New York
Boston
Baltimore
12li
1.930
PUladelp'a,<Sco.
options have advanced and sales were made to-day at 4'o7j2C.
for July and 5@5'023^c. for September, though the close is
weak at these figures; i-efined has been firmer at Cf'^c. for
granulated, 7"8®7i3C. for powdered, 7^30. for crushed and
for standard "A.''
quiet on the spot
Heeeiptt
at—
1881.
asJvest'n.&o.
New Orleans.
and the specu- Savannah
lugs are quoted at T'4@8}4c.
and leaf at 832@9;''4C. Seed leaf has remained quiet but steady,
"f he sales for the week embrace 930 cases, including 350 cases
crop 1882, Pennsylvania, 5@13c.; 200 cases crop 1831, Pennsylvania, 7@10c. 200 cases crop 1883, Wisconsin Havana, 113^2®
28c.; 50 cases crop 1882, Wisconsin Havana, 30@40c. ; 130 cases
crop 1883, New England, 123^@ 30c.: also 400 bales Havana,
lation has been almost trifling
;
3u2
3.467
74,355 106.193
5,086 10,090
310,50:.
1,541
.,..-.
306
26
133
43
616
238
199
671
1,715
1,471
793
4.221
2.620
5.009-
859
1,642.
1,618
23,821
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
.VIoblle
Kentucky tobacco has been
16,9G»
4,725 4,777,380
Obarleston
Pt. Royal, &e.
TotaT
1883.
231.431 200. 24»
6.310
7,080
5,756 18.0i2;
C,301
9.7C4
11
434
Brunsw'k, &c
centrifugal;
1884.
18,410
807,814
5,508
564,560
21,528
127,033
19,4)7
791.012
2i6,74S
137,215
187,7C0
66,333
107,249
799
108
Florida
Foreign green fruits have been
in fair demand and steady; dried have been dull and nominal.
Molasses has been quiet and unchanged. Raw sugar has
been more active and closes more steady at 4^4'c. for fair
Slock.
Since Sep.
1, 1882.
1,499 621.313
10
16,887
3,597 1,646,189
Savannah
prices.
Thit
Week.
589,545
8,474
1,51^,834
252,477
42,887
651,923
8,084
41G.813
13,697
91,709
12.538
577,347
221.853
107,600
178.596
2a,9C3
62,838
1
.Mobile
8 45c. for August, 8 50@8-55c. for September and 8-5o@8-00c.
for October, bid and asked; mild grades have been fairly
active and steady. Tea has been very dull and at the close
Spices have been quiet. Rice has sold
is weak on the spot.
and
432
Indlauola,&o.
«ew Orleans...
Eggs, lGi4@ 18c.
Rio cofTee has been moderately active and steady on the
spot of late at 10c. for fair cargoes; options have been quiet
and without marked change, though within a few days they
have become weaker; the close, however, though quiet, is
steady at 8'10@8-30o. for June, 8 20® 8 25c. for July, 8'40@
refining
1882-83.
Since Sep.
1, 1883.
This
Week.
aalveston
ory.
moderately at steady
for the corresponding periods of last year.
1883-84.
Charl'st'n, &,c
Vllm'gt'n, &e
Norfolk, Ac.
1883.
1830.
1881.
1882.
w&
i8:o.
433
789
103
434
1,509
3,597
553
2,933
825
867
2,216
3,i.60
4,634
962.
302
367
6iil
831
177
1,511
1.9S2
1,281
1,315
171
18
3b0
332
176
552
2.882
3,217
10
55
All others
2,412
4,056
1631
2993
rot. this w'k.
4,723
12,395
13,869
816
640
351
4,236
8,467
75
49
3,152
12.000
433
2,230
23,476
23,511
6 293
;
80c.@$l
15,
and 200
bales Sumatra, $1
la naval stores the
lative has been insignificant
steady
;
spirits
;
60.
legitimate
and to-night
turpentine, 31)^0.
25@$1
20@$1
movement both
and specu-
prices are only about
common
to
good strained
Refined petroleum has been depressed
by the severe decline In crude certificates; 70-.\b8l test
sold to-day at 7/4c. for all July delivery. Crude oil certificates
were broken from 66;'g to 58;'4'c. under the report of the financial embarrassment ot two directors in the Standai'd Oil Company. Hops have had a sharp advance to 33@35c. for tne
best State 1883s; stocks are small and the English crop is
rosins, $1
I
Arportt
Jron^—
Week Ending June
Exported to—
Great
ContiBrifn. *><">« nent.
i^alTeston....
Sew
Orleaaa.
Uoblle
from
i
,
;
l^^d,
Sarannab
. .
CbarlastOD
•..
Total
?.'i61
2,261
22,266
25,531
...
13,111
18,423
t
I
251.8m 34.766
7S8 4
i5
155,016
11!,21H
43.113
253.92i
3-3,378
X0,46i
Cicports
from Went Point,
I
84,178
1
Tola.
870
7S>t
8;4.li29 I,4«0, 8ba
1,380
67, 537
13,43(1
lf-8.717
357,,700
24,4'<<7
138,068
273,,7S4
8,,704
30,002
95.5U1
508. ssi
3.12.1
1,698
60,57
3,8; 8
110 474
167 ,121
64.237 «,3J6,812465.061
899.924
25.537
107,051
M.SIT
12,451
Conti„,„,,
47,,248
10S,6>1
To»al 1S«?-S3 S3.4a
3.295
• Includes exports Irom Port Uoyal,
iadudos
Great
274..510
903
8,2 J7
20. 1^S4.
S,»il,
eo8
S8,;49
U June
20,68!t
.
Total
I8S3,
56,157
8,7C4
Sorfolkt
New York
I.
Week. Britain, frai."
WUmlDgtoD..
Boaton
Baltimore.
Palladelp'a,&c
Sept.
Exporteit to—
8^orlda
In ocean freight room a better movement has been noticed
in both grain and oil tonnage, and rates show a slight improvement. To-day Liverpool steam grain room was quoted
at BJ^d.; cotton taken at 5-32d., cheese 40?., butter 403., bacon
178. 6d.
London steam grain quoted B'gd., do. to Glasgow
43-^d., do. to Bristol S^'^d. afloat, do. to Avonmouth SJ^d
do.
to Bremen 60 pfennigs; refined petroleum from Philadelphia
to Hamburg 2s. 6d.; do. hence at 2a. 3;i^d., do. to Konigsherg
3s., do. to Antwerp 2s. 3'^^d., do. to London or Bristol 2s. 4} id
grwin by steamer from Philadelphia or Baltimore to Cori'tor
38,
4777,380 5«81.55l 4611.199 5646,168 1825 077 1120.903
Galveston includes inaiauola; Charleston includes Port Kuyal, <sc.
Wllmlnatonlncludes Morehead City, Ac: Norfolk Includes City Point, 4c.The exports for the week ending this evening reach a total
of 54,237 bales, of which 38,.549 were to Great Britain, 3.237
to France and 12,451 to the rest of the Continent, while tha
stocks as made up this evening are now 301,991) bales. Below
are the exports for the week and sihce September 1, 1883.
1.
32'2-
blighted.
orders,
Since Bent.
98. 4S&
37 02«|2.7:;B SlHM'S.See 1,351,706 4.52B.5t (>
Ac
Jtc
^
June
;
In addition to above ezporta, our telegrams to-night also irivs
us tlie following uinounts of cotton on sliipboaril, not cleared,
Jit the ports mimed.
We add Himilar figures for Now York,
whicli an> prepared for our special use by Mossrs. Corey. Yale
&
8S»
AT—
20,
Oreal
A-anee.
Britain.
Vew Orleans
CosniBton
fiavanunh
None.
Nono.
None.
None.
4,300
2,»00
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
7,126
736
15.R76
19.8S4
3."H
7,869
.....
....
No
Norfolk
New York
.Olberiiorts
Total 1884
TotsUdS-.:
ie<M.
OIS
..
rotsll883
Omul-
I^n-tign
730
«i»lvewfon
e.
mIm
aiock
130
None,
100
if iMI
,%.0ill
2.ft'J0
1,%0
liiO
IftO
740
72S
740
72%
2.7 !*
700
200
None.
None.
B.OtO
2,700
2I0.|:<1
1,545
1.851
11,501
350.438
1
2 »47
28.,M)
378 115
1
7.0UO
4,314
l.b6l
80,710
31tH28
fl
u
f.»;i
m
^^ m
'W m
I
*•':
'
Mid
MiddUuK...
Gtwd Mfd.
«tr.G'd.Mld
MIdd'g Fair
Fjlr
.8l:.2
M— gj--
UPLANDS.
NEW ORLEANS.
niou Tnee sat. monJTne*
9I3
95,8
9»,8
9H
9»i9
»=(.
10
9'5,«
!)^
Si'ielO
10»,6 10»,8 1012
10i3,e 1013,8 1034
101 '181015,8' 10^8
Il-'l6 113,^ Ills
113,, li:i„ Ills
ll'ie 117,8 11»8
n-Js
1138
11»,8
ll"i« 1108
11»S
111*
I!13l6lll»i8lllli
ll»,a 110. g
lli3i„ lli.i,„ 11%
121,8 12>i« 12
125,8 1-J5,8 I2I4
l'2lia Il2li„ 12
1211,8 1211l„ f259
127,^ j]27,„ I'iSs
137, „ ^.i^,., l;iJe
13-iih ll33|„ I318
9»1«
1
1
w
at,
I
1
^e
J
M
I
I
'
10
9 la
93l8
97,8
8TAINEK
FrI.
«
..
w-to ucoCu
-j^
2
ODOU
,
Wed TH.
"=9
pyrt. ttimp
8)0
1,8 dec...
.Quiet
1
-1
99
oa
-,,
5
1
.i
I
Z.
tit.
|
yOTDKBS.
Deiir
Total.
Salet.
eriet
171
h37|
'i,«18'l4l.900
2.301 Ifl-i.OJO
3.212; t.4.^00
1,013,103.000
800
300
3,0iT
1(5
l.OOOi
H3j
Total.'
9,10<13,132
CO
I
?r
2
..12.13^ Tit 300
dally deliveries eiveu above are aotually
tliat on wbioli tliey are leparted.
l^revioua
3
=
2
(too:
ar.
2
tc6
w^^
$
-'"i
2
Su s
'»'
3
••
1
obzoob
OS 4 CO
• M-'l
ao
»--•'
o—
aw:
I
^
00
:
2
^
-1-4
tecB
*
«*:
1
dOcx
99
ax
9
5
2
M ai
a.-:
aio:
I
ocdbcx
eca
99
QcaeC-»-
w
»•»
ot
<
Tai.w:
1
I
».":
••
I
I
Si
I
CIO
i.T
:.,
CO
ji
"-'
00
CO
ob-o
000
«
9'ro9
I
fcJ
I
delivered
2
10
400
2.100
Uie d»y
...
00
2
2
c
'
•-"'
2
2
•*
'-$'7 ""-ir
T-o- -0^0 H- ?*^»rfO-.
O ©-"Ofwc a »-4 a
-I
2§ -I fc-x QD
oa
oa ijO -JOCOo
—^
^
9^
MO
»o a? -r,
2 M
c»- ^ o
!03 =
Fri.
400
400
i.'-e.il
•-:
i5
CO
1
IOCS' 94.100
105.200
Tliurg 8'ciKly
Frl . .jEaniurat ijedec.
930
I
9
(3D
^IJ.
,
1.3-iO,
2,2811
.
5
OCQO
2
!».-:
I
«
I
«
I*
I*
:
:
^1
6>i56 liS?^
M-C-- 4i
-ooi 21
SliSd
MM ». go
O IJ-1 Ti
>
I
l«:
I*:
U.9
Tuea .ISu-ady at i,n di-u
Wed Kisy at i,f. dee..
or
u4k.oiL
ti
SALES.
ul'l'n]
ibec^io
COoO coSo 9«=9 OOaS OSC9 9 = 5?
diOM obxOab -'1-1O.4 <D3a C8
_
<seO»
O »-*. IP
oo
9S ? CO
CO
uox>
c^
~,M 2
j
CM
CW a (CO
ftu:
•
s-^:
-• — fc-^
-—;:-' "-•1:'-'
COoO o-e^f
'S COOO COoO
rc"
Tror
'O
= o c6 = o ^
o -,-i>Cx
cOgo
eo
»3^
87,
Tran-
> d
tS^-'^
I
<
SX*
1
9pee-\
'J.
I
1
SALU8 OK SPOT AND TRAWglT.
Ooji-
^
UW^^•
*.
CCS cc m; OC*;© COoO
ccSo
o5o9 OCoO
-|
o
o
Fr».
and future deliveries each day during th
are indicated in the foUowinjif statement. For the convenience of the re.ader we also add a column which shows at a
glance how the market closed on same days.
;
»
0909 9O0O
Tlie total sales
Kx-
»a>
!
M *- ^, -* ^ M o
I
week
CI/>8SD.
I
_
I
SPOT MARKET
a
— — H»
813,8 813,8 6\
»><
9!>8
»>1
97,8
9»,tt
107,. ,103ta tlO»i« iO']« lovt
1015,8 101*18 lo'a
111,8 11
8'B|«
MARKET AND
M 9
UU;j^
03
Ct:^-j3->
•><:
I
osoo hooSo
1211,8 1211,8 1258
137,., 137, „ 1339
inou roee Wedj Th.
998
107,8
111,8
I
-*-!;— »-'-«'-• -M'lo— M
^r^
H-S^^ Mr^^M M — 5,,- ^„g— ^
I
cs
12i',o ll25,8 '1214
1
S..
«.a:
gc-
•
-10
2
•«:
ax:
|-r§r
t-;
6«
o
£0 O 0*80«i 9 "Pd
t
'T-i-r
I
1013,g 10l3,g 10!l4
113,8 11S,„ |lll8
117, 117,8 ^1138
11»«
Ills ,119,8
1113,8 1113,8 11%
121,8 1121,8 1-i
938
97,8
Nai.
V
<* toA Ordinary
riot Good Ordinarr
X, iw MIddlii
pM^o"'
«.'»•
•=:
I
Wed Tb.
Frt.
10
T-o-
i-rg-
8
!
m
t.i.i^
o
des
9>«
915,8
9»,8
O^id
1
The
I
•*-'si-
^-^^ ^^.j^r* ^ — — ^
"TSf Trsr rrsr rrit
I
non. Tnes
Sat.
97,.
97,,
978
1013,6' 978
978
91^18
StrlctOrd.. 9»8
i»»8
<J».6
S'^s
Cood Ord.. 107i8 lO^ig 10% ilOll, 8 1011,8 1011( |101l,g 1011|8'1«»8
«cr.G'dOrd lOU.g'loi:'!. 1034 jllhe llll« 11
1111,8 111,, 11
JL>w MIdd'g 111,1 111,8 11
11»1B 115,6 IIH ill»n illS,8 11 "4
«T.L'wJn3llH IU4 11-1;6 It's U>3 117,8 Ilia ll»s 117,8
ll'llR lliiiglias 'Ilii,8'iuii8lll5e
MiddUnic... 1I7,„ 117,, 1138
Good Mid., nil,, 1111, 11»8 'III618 1115,8 1178 illl6,elll5,«'1178
«r.O'dMldlli»i8 lH'ie ll''a 123,8 123,8 12^ 123,8 1123,, il2ie
1'29.« 1129,8 il2'4
M'dd-(?Palrl-25i, 125„ |l-Ji4 |l'^»i,( 12»,« lai*
'l25,„ 135, « I3I4
l.S6,„ 135,8 'I3I4
Fair
13ii« 131i« Il3
Mon
-
•
^**V**
li
•-to
g|
I
Sat ..Dull at
u-:5u
u
•-:
to
TEXAS.
I
IWed Th.
Mddllns
"^s-:
I
—
Sat.
9hn
uuSu
»-
I
^*"a"^
m^'^P'
^*.ii.
*M'^ ^^10—
""5"^
sell, |)rices
Ordin'y.^Blb
:
>
in transit.
Of the above,
for speculation and
bales
were to arrive. Tlie following are the ofHcial quotations for
«ach day of the past week.
MIdt'K
•
mhAm
"-"^x*^
general.
—
•Str.L'w
I
^**..o^
>-<«Si-
u 3
<<««'
forward delivery for the week are 754,.100
For immediate delivery the total sales foot up this week
12,438 bales, indifding 9,300 for export, 3,133 for consumption,
Low
*fi'-
'
I
hv
ci
bales.
«tr.G'dOrd
•-*•
^"^'*
— -g— »^^(p"^
-•i-S—
wuSu
O V 0>
CO
<Jjod Ord..
?•?- I'iJ i-?l
^2i^ ^51^
h%^
at 11 'gC.
Tlie total sales for
«-,riotOrd..
r.?r.
?J
'3'
dosing
OrdlnV-Stt
•iyjfjyjt;'
9
lO.OW
!»««''
June 14/0
June 20
:->
p: " :(:•'
:
•I:
8tl3
giving way rapidly, closing weak at ICti?
:20 points decline for the day and 33@ 40 points for the week. Cotton on the spot has teen more freely offered, and, meeting with
only a moderate demand for export and home consumption,
Quotations were marked down l-16c.
prices have declined.
on Tuesday and again on Wednesday. Then came a steadier
feeling, based on tlie rapid reduction of stocks on hand. Today there was a further decline of l-16c., middling uplands
pressure to
ami
liiliilfli!
ili^jlK lib
11
72 21H
2,187
Nunn.
and
On Wednesday toward the
close there was some recovery from the lowest figures of the
day, and yesterday a moderate advance took place, a natural
re-action after an important define. But the demand was not
sustainetl, and to-day, with weak advices from both Liverpool
and Manchester, and good crop reports, there was renewed
tracts
active
coiDprehi-ntrir* Uhl«.
In ti» iMaNmnt will
Umad
daily iniirki-t. the prtra* of
for vMb (BOBlh MOb 4«t.
'
the dadnK Mill, In sddlUon to ttao diiUjr wid total
Ltarina
ToUU.
The failures at New Orleans and the return of good weather
at the South caused a pressure to sell, under which prices
steadily gave w,ay from the opening on Saturday last till near
the close of Wednesday's business, in which the decline from
the previous Friday in cotton for future delivery at this market wiis 'iSiit °2*> points for June and the distant months, and
Sl@8" points for the early mouths other than June. Holders
lost confidence and the process of li({uidating "long" conwas
Pnoa or FOTOoa »• Aowa few (te foOoirb
Uw
m
The Raum AKD
ng
not eUartd—/or
Other
Ii2li
M-tbllr
711
i
Hr<MuI Street.
On Skipboant,
J USB
1
11
THE CHRONICLE.
21, 1884,]
IjiniUrt,
o
'
1
I:
1
1
I
I*
I*:
!•:
1
I
I:
I
I:
I
• Include* »a!e» in ScpW-mlMT. l!l93, fbr aepl«nl>^Tr
ber-Oi t<)l>or. (iir Octol«-r. 33-,<5«i': 8ei|tamber-NaTri
r*Hi>tfn,l»or-lv<',iMiMT. for I>»Mi«iiber, 8t,
3S«»,S00
"-
-
Jantiiiiy. T'
1.7^0,-0.1:
for Aiii-ll. 1
or
We Imw
WMK to icive,
til,'
wBl 1* found
uii
i:.-
D
1
>
,..->.
.... vbraaiTi
'.eiulier-Aprll,
».... -.—.. uoaUaos
oay toreaoli aoaU. U
•• AT«r."
Tka
eaDrevuukM
the
„.,,..
_
_
of ruturM eaoo
toll»wiii<
aTf*n«Re f<»roat'li in- 'in it t'-i ili*> wecli in »l8o iriTeo at hrtttom of taM*.
TtMwiara
Trinisfcrahie Orilfrs -S.itunlav. II 30<-.; M'flidriv. 1 1 I'K11 3. c; Wednesdiiy. ll-3i;i;.: Tliurtdiky. ll'lOc.; FruUi. ll-.'i>c.
:
The following exclianges have bfon mode during the w(«k:
-13 p«L to rxiU. 20O Joy for Aw.
•17 pd. to eich. ."iOO July for Ann.
'12 pd. loexch..^O<> July for Aocl'.Jpil.
toeioh. 100 July forAug.
|
I
|
'00 pd. to rxck.
_,
^,^_
I'M Mil.
.
^
br Jolf.
.
..
THE CHRONICLE.
742
The Visible Supply of Cotton to-night,
as made up by cable
as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
figures for to-night (.Tuii° PO'' i>»p add the item of exports from
the United States, iuoiuamg n it the exports of Friday only.
and telegraph,
is
18^2.
Stofik at Liverpool
1891.
900,000
59,300
bales
Stock at London
888.000
50,600
Total Great Britain stock
at Hamburg
•
Stock
Stock
Stock
Stock
Stock
Slock
Stock
Stock
Stock
Stock
at
at
at
at
at
at
Hrcroeii
CLOSINO QUOTATIONS FOB MIDDLINO COTTON ON-
Weak ending
June 20.
Orleans.
Mobile
Ilavue
Marseilles
Hon.
Satur.
Savannah
llhs
im
im
1114
lli«
Wednes.
Tuet.
III4
II616
im
1118
im
Thurt.
llo,e
11>4
UI4
Boston
Baltimore
457,500
Total Continental stocks
.
.
Philadelphia.
Augusta
Memphis..
Total European stocks
India cotton afloat for Europe,
St.
cott'n afloat for Eur'pe
Stock in United States ports
Stock in U. 8. intciior towns..
United States exports to-day..
.
5,200
5,000
3,000
6,200
11»16
ll'ia
ll'^s
11%
Ifs
1112
1119
III4
III4
11I4
11'4
11»8
1138
1109
1138
. .
t/>idsville
EgJT)t,Brazil,,fec.,aflt for E'r'pe
113ll
ll»ie
ll's
im
im
..
Louis
Clnoinnatl
11%
IIH
u\
im
im
1138
im
11%
1138
III9
11>4
11%
11%
ll'is
im
1138
Fri.
III4
III4
III4
Charleston... Nominal, Nominal. Nominal, Nominal.
lise
Wilmington..
1138
1138
1H8
Norfolk
1138
113e
IIH
l\M
at Barcelona
at Cieuoa
at Trieste
Amer'n
—
below we give the closing quotations of middling
cotton at Southern and other principal cotton mai-kets for each
day of the past week.
in the table
New
Antwci'l)
XXXVm.
bales less than at the same period last year. The receipts at
thesame towns have been 4 ,715 bales less than the same week
last year, and since September 1 the receipts at all the towns
are 702,474 bales less than for the same time in 1882-83.
Quotations fob Middling Cotton at Other Markets.
Galveston
Aiuaterdam
Rotterdam
[Vol.
ifs
H>a
11T8
III9
III4
ll"*
1158
113e
IH4
ii»g
11%
ifs
11>4
III4
im
11'4
11»8
1138
1138
1138
Receipts from the Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
week from the
Total visible supply
2,280,818 2,493,525 2,15<,4o0 2,408.390
Of the above, the totals of American and other descriptions are as
follows:
American^
Total American
East Indian. Brazil, ttc—
Uverpool stock
London stock
534,000
ltO,000
141.000
351,644
53,106
677,000
217,000
289.000
376.51,5
81,875
6,200
J, 000
1,407,318 1,722,62; 1,187,750 1,677,620
294,000
54,000
Continental stocks
India afloat for tCurope
Egypt, Brazil, (tec., afloat
Total East India,
Total American
739.000
274.000
227,000
401,626
77.999
3,000
599.000
298.000
104,000
361,999
39,119
5,200
Liverpool stock
bales
Continental stocks
ALmerican afloat for Europe. . .
United States stock
United States interior stocks..
United States exports to-day. .
344,000
22,000
211,00<i
."0.600
132, ITO
3G«.000
243,000
57,500
121.400
305,000
44,000
159..500
plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that pai-t of the crop
which finally reaches the market tlirough the outports,
RECEH>TS FROM PLANTATIONS.
SO.iiOO
126.400
38<.000
31,000
292,000
45,000
730.770
••
"
970,700
770,900
&73.500
W
Hay
•'
compared with 1881.
At the Interior Towns the movement that is the receipts
for the week and since Sept. 1, the sliipments for the week, and
the stocks to-night, and the same items for the corresponding
—
period of 1882-83
—
is
set out in detail in the following statement.
O T. M X OS
<T.
**
OS
-SfOOaWiflri
1-t
!8S4.
,,
41.167
78,70S
lH.OSa! 53,241
....
SS,239
2i,80 1
37,0 )l!215,914 257,152 125,394
SO,113la01,<17 239,461.110,088
68,527
...
SS.BOtf
B9.-i41
80.371 lfc0,28l|2i3,0J9
20,(ISS 157,8 OlSfc.SOO
ll.l-il
86.021
19.166
12.737
34,423
48.761
28.338
12.068
S6,b8I
50,575
31,134
20.B6)
18.976
38,539
14 0;8
3,281
13.9M
20,013 U8,327|!61,3£3i S2,8C9i 10.914
15,657 187.630 147,94a bl,833 10,184
8.691 I15.135J:3;i.872 73,822
8,1569
5.883 I01.018|123,365 70,523
2,561
15,950
30.426
8,126
93,5-6| 114,879
84,174
5,517
19.340
1.780
15,621
25.458
r-',594
S3.S91 103,1,26
5B,1C9!
5.433
16,703
4 519
13.6M>
lS.Sn9
21.573
13.SB5
8,409
4,745
-.2.40S
50,353
2,67i!
14.410
«,e63
45,934'
3,21)8
l,»-73
t04
9. ...
,
11^" The imports into Continental ports this week have been
36,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 212,707 bales as compared with the same date of
1883, an increase of 123,368 bales as compared with the corresponding date of 1883 and a decrease of 127,572 bales as
"
16
"
"
ti
80
June 6 ...
18 ,. .
'
•'
1.0
1882
I8SS,
11
23
2
'•
2.280.818 2,493,520 2,158.450 2,408.390
Total visible flupply
SHjgd.
Price Mid. Upl., Liverpool...
G^sd.
G'sd.
63, jd.
St'k ailnttrioT Towru. Rec'pttjrom Plant 'm
1883.
I8i:2.
18S.1.
1
AprU 4
1,407.318 1,722,625 1,187,750 1,677,620
&o
RtuifU at tiit Porta.
Witk
...
',i.V3b
18S4
1
98,900
90,791
98.763
6-.Si,7i 83.2101
1
1883.
27,229, 68,889
8,3)4; 40.095
29.905
.10.2a3
1S81
21,249
14,787
564
—
The above statement shows 1. Tliat the fotal receipts from
the plantations since September 1, 1883, were 4,774,158 bales;
in 1883-83 were 5,953,306 bales; in 1881-82 were 4,627,611 bales.
2.
That, although the receipts at the outports the past week
were 4,725 bales, the actual movement from plantations was
onlj^ 301 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for tlie same week were 1,873 bales and for 1883 they were
—
3,398 bales.
*^
Amount of Cotton in Sight June 20.— In the table below
we give the receipts from plantations in another form, and add
.2-54
them the net overland movement to June 1, and alsp the
takings by Southern spinners to the same date, so as to give
Bubstantially the amount of cotton now in sight.
to
Si
«O
•*"
t^ 'C C*
tfi
1883-84.
«
1882-83
1881-82.
1880-Sl.
Ker«ipte at the ports to J'ne 20 4,777,380 5,Sb 1,551 1,611,199 5,016,163
Interior stocks on Jime 2(i in
eicess of September 1
•3,222
71,765
16,412
52,39::
i
CO
Tot. receipts from plantat'ns 4,774,158 5,95 3ii6 4,627,611 5,698,500
Net overland to June 1
562,100 627,317
441,333
498,632
Southern cousumpfn to June 1
280,0C0 300,00.
224,000
190,000
:i
3)
O O •*
cTci^* N
.Q
CO 00 1-« fr-"r-I
^
-"«# -#
^ 01 31 O
Oi CO » 01
IH
»C
ft t- ^
CO -* -<
1^
r-t
ini>CQ35^
CO
rf
^'
OOi-tt'^ODOOOS ',©'-<
'Zt
C^)
CO
<H
H
,
-hoo
CS "* rH l^ t" CO
•^
3«
(COOOS
CO'*-:
«H ^_c> !© .r CO CI oorHoo
i-; ;o_i-^7: :d -^ t-;»o
^oi" «n OS CO co' -*t^o; OS —' :o
ci
o;
o
rH QO
"^
—
•*
^ -r O -- lO
:
•NrfiOO'*
4^ ^ »
<-i
W 5
"^
June 20
5,61<3,2.58 6,880,623 5,292,911 6,387,192
Decrease from Septcu.bcr 1.
It will be seen by the atiove that the decrease
amount in sicl. t
to-night, as compared with last year. Is 1,261.365 bales, the Increase as
eomoared with 1881-82 Is 3::;3,314 bales, audthe decrease froml8SO-81
is 770,934 bales.
Total In sight
*
m
Wkather Reports by Teleoraph.-—The weather has in
general teen very favorable at the South during the week, and
consequence the <aM]) is now making excellent progreas.
QalVtston, Texas. Ithasrainedontwodaysof tlie week, the
rainfall reaching one inch and forty-four "hundredths.
The
thermometer has averaged H'i, the highest being 90 and the
lowest 72.
Indiai.o'a, Teiaf. We have had welcome showers on two
days of the week, but hardly enougli. The rainfall reached
fifty-five hundredtlis of an inch.
Crop accounts are more
:
e»c^cocoxr-toiu*tN.oo>«X3. oi^-«j<N
S61
tOtfii^r^
,
l~*«C00tO0i'NNiO0SC0~lO:I-.XNC0r0CP'#
o
.-•<iaDO'O<H»0l-,|T-<
WOSiCCDCOr-trHr^rt
m
^
— t^wci
coe-^o
NCI
—
•m-CCiOPOD
favorable.
73 to 93.
•flS
2
o
111
*
This year's
flfturea
-I
—
S
g-3«3g£g
i
a
X
p
s
estimated.
The above totals show that the old interior stocks have
decreased during the week 4,071 bales, and are to-night 38,880
Tlie
thermometer has averaged
—
83,
ranging from
Paltstine, Texas. It has been showery on one day of the
week, the rainfall reaching seven hundredths of an inch. A
good rain would be l<eneficial. Crop accounts are more favorable.
The thermometer Kas ranged from 68 to 91, averaging 77.
Huntsville, Tixas.
have have had a shower on one day
of the week, and want more. The rainfall reached ten hundredths of an inch. Crops are doing reasonably well. Cotton
blooms are reported. Average thermometer 81, highest 93 and
lowest 66.
— We
.
June
31,
THE CHHONK'LE.
18S4.J
LuHng, Tfajn*.— We have had no rain during
need
the wi«rk, anil
Crop nccounts nn- more fnvomble.
soiiir.
nro clean. The tlicnudincter
ing IMt and the loueMt 72.
\\»»
Th«
fleldn
com
The
a«Hured.
68 to 94.
is
fftiriinnnh. ffrnrgla.~\i Una
"
••
(ii)lendi(l
-Ml,
theruionieter haw uveragod 81,
III,
i|..rii .,1
to
minnl on thrw dan, mMI
At
tmcSi
liMiipiMiMUit. Th« raiaAU
Inch. Thti thcnnomHOT Ihm aTOTMad
•""•
"'•
•'.
nhower during theweek, and juat as needeil, the rainfall reaeliing one inch
and fifty hundredtlis. Crojj accounts are more favornblo. A
gocxl
748.
nviTiiRcd 8J, the highewt be-
Brenham, Tixas. — Wo Imvo had one
crop
.
—
M«l,
Augusld, t/furglii — W.. have ha<l
and the ri'mnindcr of tho w<M.<k ha»
llxht raina
•'
t
-
on ttiTM (tan.
~-
•
reached forty-nine hun>lrf<lthji
haa l)een very favonibli' to r.,tt.,ii,
fall
mlntl,.
r
,
ranging from
finely.
HUnds r
Belton, Texas. It has been showery on one day of the at present the oil'
week, the ruinfiill reaching eighty hundredths of an inch. range<l from 91 to I.
i.
Crops of all sorts are doing well. The thermometer lina ranged
Atlanta, Ueorgia
med on t"
from 67 to V)7, averaging 82.
..i
the rainfall rciirLin
Weatherford, Texan.— Wo have had showers on two days The weather is <|i
of the week, the rainfall reachitig one inch and lifty-two hun- thermometer 0!i,
dredtliB.
No serious damage has been done. Young crops
Charleston, Noulh (Jaruliuu. — U hiui niine<l
look promising. Average thorinonieter 78, highest 95 and of the week, the rainfall reaching
—
.
.
|
,
,
i
i
i
lowest 65.
Dallas, Texas. It has raiue«l on three days of the week,
harder than desired, but probably no serious damage has been
done, as most sections had begun to need rain again imder the
hot sun. Tlio rainfall reached two inches and two himdre<lths.
The thermometer has averaged 80, the highest being 100 and
tJio lowest 67.
New Orleans, Louisiana.— \t has rained on six days of the
week, the rainfall reaching three Inches and sixty hundredths.
The thermometer has averaged 78.
Shreveport, Louisiana. The weather lias been very fine
and clear during the week, with a rainfall of seven hundredths
of an inch. The thermometer has ranged from 69 to 93,
Vicksburg, Mississippi.— Te\egTi\m not received.
Meridian Mississip2}i. The early part of the week we
had rain, but the latter portion has teen clear and pleasant,
and at the close v(;ry favorable to cotton.
Gfreenville, Mississ^jtpi.
Telegram not received.
Columbus, Mississippi. We have had rain on four days of
the week, the rainfall reaching two inches and forty-two hundretlths.
Average thermometer 74, liighest 90, lowest 60.
Little Rock, Arkansas.
It has been cloudy on two days of
the week, with good showers on each day, the rainfall reaching ninety-five hundredths of an inch. Cotton, though small,
has improve<l greatly in the pa.st tliree weeks and the fields are
all clean.
The thermometer has averaged 78, the highest being
87 and the lowest 64.
Pine Bluff, Arkansas.
have had showers on two days
of the week, the rainfall reaching twenty-one hundredths of
an inch. The thermometer has averaged 77, ranging from 66
—
—
—
,
—
—
—
—We
to 86.
oni> Inch ai.
hundredtlis. The thermometer has arenisMl 71,
being 87 and the lowest 07.
<
Uw Uinitmt
Columbia, South Carolina.—Ttltgnm not racairad.
The following statement we bare tJao i«oahr«d by Uilisniih.
showing the height of the riven at tha ptrfnf ii»imJ «* f "j>fi
June 19, 1884, and June 21, 1888.
S3
/hm
Sew Orlcan*
B«Iow blfcb-waMr mark
Above low-wa(«r mark
Above low-water mark.
AtMve low-water mark.
Uemphla
ifaahvlUe
Sbreveport
VIokrtiDrg
...Abovelow-watermark.
1», 'S4.
^mm 31.
Am*.
#W<.
3
20
6
3
7
30
'xS
IntA
9
3
H
10
33
6
17
11
3V
8
at
S
9
New
Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-'
water mark of April 15 and 16, 1874, which is S-lOths of a foot
above 1871, or 16 feet above low-water mark at that point.
—
India Cotton Movement fbom all Ports.
We have
re-arranged our India service so as to make our reports more
detailed and at the same time more acoorate.
had fonnd
it impossible to keep out of our figures, as caUed to us for the
jwrts other than Bombay, cargoes which proved only to be
shipments from one India port to another. The plii now
followed relieves us from the danger of this inaccuracy and
keeps the totals correct. We first give the Bombay statement
for the week and year, bringing the figures down to June 19.
We
BOHBAT BECEIPTS AND §HIPME!<T» FOR TODR TBARS.
Shipmenti (An
teeek.
Shipment' n>iee Jan.
1.
—
Fort Smith, Arkansas. It has rained on two days of the rear ertai Oonti- Tolal. 0reat OontiTatal.
Brilainl nent.
BriVn. nent.
Wetk. Jan. 1
week, the rainfall reaching seventy-five hundredths of an inch.
The cotton plant looks strong and healthy and the fields are 1884 13,000 3,000 IB.OOO 143.000 5:>.->.0OO 998.000 40,000 1.1610
1883{ll.000 9.000|'J0,00U 370.000 7:i3 000 1,103.000 2.^.000 t 490.u% V
clear of weeds. The thermometer has ranged from 51 to 90.
1882 17,000 25.000 4-2,0o0,«6.%.000.'>l"J.00O 1,184.000 30.000 1.4u(J0n'>
Helena, Arkansas. We have had light showers on four 188112
2.000 21.000 40 000 2:t».OnO 4'S7.00OI MHfi.OOO 34 00<> l.OlP.r
days, and the remainder of the week has been pleasant. The
rainfall reached twenty-six hundredths of an inch, but in the
According to the foregoing, Bombay appears to show an
neighborhood there have been heavier rains. The days have increase compared with last year in the week's receipts of
been warm anil nights cold, but at the close of the week there 15,000 bales, and a decrease in shipments of 4,000 bales, and
is a favorable change.
(Jood progress is being made in clear- theshipments since Janu.ary 1 show a decrease ot IO.>,(KK( biles.
ing tlie fields of weeds. Average thermometer 76, highest 87 The movement at Calcutta, Madras and other India p<jrts for
and lowest 69.
the last reported week and since the Ist of January, for two
Newport, Arkansas. Telegram not received.
"Other ports" cover Ceylon,
years, has been as follows.
Mempfiis, Tennessee. We have had light showers on five Tuticorin, Kurrachee and Coconada.
days of the week, the rainfall reaching twenty-seven iiundredths of an inch. The crop, though late, Ls developing promBMpmtnU line* Janvtay I.
Shipmmttforthevntk.
isingly.
The thermometer has averaged 76, ranging from 68
Ortat
Oonttanal
to 91 -5.
IWai.
Tolai.
Britain. OonHnenl.
nent.
Britain.
Nashville, Tennessee. It has rained on four days of the
week, the rainfall reacliing ninety-tliree hundredths of an Calontta—
—
—
—
\
—
inch. Good progress is being made in clearing the fields of
grass and weeds. The thermometer has ranged from 63 to 89,
averaging 74.
Mobile, Alabama.
—We
had rain on four days in the early
part of the week (one day severe), but the latter portion has
been clear and pleasant. The rainfall reached one inch and
twenty-five hundredths.
Crop accounts are less favorable, as
we are having too much rain, and weeds are becoming troublesome, but at the close of the week the weather is more favorable.
Average thermometer 76, higliest 95 and lowest 66.
Montgomery, Alabama.
hsMi rain on four days in the
early part of the week, but the latter portion ha.s been clear
and pleasant. The rainfall reached two inches and nine hundredths. The crop is developing promisingly. The thermometer has averaged 73"9.
Selma, Alabama. It has rained on three days, but at the
close of the week there is a favorable cliange in the weather.
The rainfall reached fifty-five hundredths of an inch. The crop
is developing promisingly.
The thermometer has averaged 72,
ranging from 64 to 87.
Mudison, Florida. The early part of the week we had
The
rain, but the latter portion haa been clear and pleasant.
The crop is
rainfall reached three inches and six hundredths.
developing promisingly. The thermometer has ranged from
66 to 95, averaging 83'5
Mar.on, Oeorgia.—\t rained on four days in the early part of
the week, but the latter portion has been clear and pleasant,
and good for crops. Average thermometer 71, highest 85 and
—We
—
—
lowest
61.
tmbus, Georgia.— \yc have had rain on two days of
the week, the rainfall reaching one in<.'h and ninety-four hundredths. The thermometer has averaged 76, the highest being
90 and the lowest 6S,
C(
I
1884
1883
87,000
63,000
41.300
10,000
139.700
78
13.000
4.900
4.600
1,000
17.600
13,900
4,U00
9.600
3,000
lOlOO
114.000
76.900
5t.40v
13.000
16S,400
8».aoo
3.606
2.066
Madras—
1884
1883
&U otbere—
1884
1883
Total
1.600
i.roo
aU-
1.6i)0
1,600
1884
1883
2.000
2,6'oii
OM
6.000
that the movement from
400 l>ales
r« thaa aatne
week last year. For the whole of India, therefore, tiie total
shipments since January 1, 1884, and for the corresponding
penods of the two previous years, are as follows:
The ahove
totals for the
the ports other than
week show
Bombay
KXPOBTS TO BUSOPB FBOM
to alt
Surope
from—
Bombay
All otber ports
Total.
TMl
»eek.
Sine*
Jan. 1.
Itf.OOO
g!i8.000
1,000
169,400
17,600 I..163.400
AJJ. IXDIA.
IMS.
1883.
1884.
AUpmenlt
m
is
AM*
TkU
tteik.
J€m.l.
30.000 1,103.000 41.000 1.184.000
lti7j»«0
6,300
89,900
2,000i
33.000,' 1. 103.900
4SJ00
1,371.000
statement affords a very interesting oomparison of.
ports.
the total movement for the three years at all India
ALEXANDRIA Kkceipts AND SinPiiENT8.-Throttgh aiTaBgaments we have made with Messrs. Davias, Benachi C ^j^. oj
of
Liverpool and .\lexandria, we now receive a weekly oaMe
The toUowiat
the movements of cotton at Alexandria, Egypt.
abd foe tb*
are the receipts and shipment* for the past week
correspondir^ week of the pre\-ious two yean.
This
last
«
«
Alexandria, Egypt,
June
Since Sept. 1
Since
caQtar
is
98
i.S3v'ii'>
1.
Thin
Since
Keek. Sept. 1.
This
Since
week. Sept. 1
1,000 2.50,0<;0
1,000 131,000
1.000 232.000
1,000 86,000
2.090 241.700
1,100|176.27I
2.000 381,000
2,000 31S,000
weeh. Sept.
n;ioTta (bales)—
JCo Liverpool....
ToContluent ...
1.000
2,254,000
2,e46',6o6
ThU
1881-82
1882-83.
1883-84.
13.
Beceipts icantars*)—
This week
» A.
..
THE CHRONICLE.
74:4
£
.
1
3.400: 120.971
lbs.
This statement shows that the receipts for the week ending
18 were
cantars and the shipments to all Europe
2,000 bales.
June
Manchester Market. —Our report received from Manchester
We
to-night states that the market Ls quiet.
give the prices of
to-day below, and leave previous weeks' prices for comparison.
1884.
32> Oop.
Tu>i$t.
d.
d.
1883.
8I4 Ibi.
Shirtingi.
H.
d.
d
B.
Oolt'H
Mill.
Vplls
d.
d.
d.
Ootin
8I4 Vbt
Shirlingi.
32» Oop.
IvoM.
.
(1.
d.
8.
Uple't
I1.
—
South C.uiolina Agricult ural Department's Report.
The report on the condition of crops in South Carolina June
was issued on the 12th inst., and refers to cotton as follows:
Compar.vtive Port Receipts and Daily Crop Movement.
—A comparison of the port movement by weeks
is not accurate,
weeks in ditferent years do not end on the same day of
have consequently added to our other standing
the month.
tables a daily and monthly statement, thit tlie reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
since .September 1, 1833, has been as follows.
as the
We
Tear Beginning September
Xonthly
Receipts.
(1.
8'8
••
25 878
2 8%
"
9 968
" li 858
" 23 83i
1883
1882.
1881.
313,812
326,656
990,581
429,777
458,478
853,195 968,318
974,013 1,006,501
996,307 1,020,902
487,727 571,701
291,99-2
572,72^
257,099 476,58-J
117,595 284,216
113,573 190,0)1
,016,092
,030,330 1,094,697
1 ,059,653 1,112,536
487,729
385,93?
241,514
111,755
45,918
.!
1
found to-day our annual cotton acreage report, with an account
at length of the condition of tlie plant in each section of the
South, together with our rainfall and thermometer record.
First Bloom in Alabama.—The Mobile Price Current of
the 14th inst says:
"The tl rat cotton blonn, was veportPd this sensnn June 3d in Montgomery CiMinty, Ala. The first hloi in last season was repurted June 7th
In Wilcov Ciunty, .Via. The
In Clarke County, All-. TLe
iu Periy County, Ala."
New York
first bloom in
first bloom in
1882 was reported Mav 2Bth
1881 was reported June oth
Cotton Exchange.— At the meeting on the 16th
inst. for discussing the by-laws relative to calls of print cloths,
a letter was read from Mr. Frank A. Rhodes of Providence, a
print cloth broker, wlio objected to storing in New York the
print cloths for delivery on contracts, and he suggested, in
order to accommodate manufacturers, Boston, Providence and
Fall River would be the proper places for storage. He also
recommended some change in the wording as to the quantity
to be dealt in and to be delivered. Mr. Geo. Moore, a prominent
member of the committee for framing the laws, fully and
satisfactorily explained the inexpediency of both these changes,
how the rules respecting cotton had been taken as a pattern,
and as they worked well the same result might be expected as
regards their application to print cloths. The larger price
diiference in dealing in the latter Mr. Moore considered an
improvement, and he was in hopes of seeing yet an
« ]ual difference adopted for cotton futures. Mr. Moore recommended the laws to \>e passed as they had left the committee. Much care and deliberation had been bestowed upon
them. Let them have a fair trial, and if some alterations or
.additions should be found requisite, they could then be made.
It was resolved to let the question be decided as usual by
-voting, and on the 19th inst. the members gave complete evidence of their approval of the laws, only two votes being cast
in the negative, against 134 in favor of adopting the pro]>osed
Chapter
of tlie by-laws in relation to print cloths, and the
amendments to the old by-laws relating to the same subject.
it only remains for the board of managers to arrange the
machinery for carrying out the call of print cloths.
V
Now
India Cotton Crop Prospects.— By cable from Bombay today we have advices which state that the rainfall has been
very favorable for the cotton crop up to this date.
The Crop in Texas.—The Galveston Daily News of the
16th
publishes reports from the agricultural districts of
Texas on the crop prospects. There are 200 replies of date
June 14, which cover seventy-six counties. The reports indicate that while the crops in the lowlands was much damaged
by the heavy rains of May, those on the uplands were benefitted.
There had been, morever, a great improvement in
the condition during the two or three weeks preceding the
date of the replies, and the prospect was considered good for
an average crop, tliough not, of course, up to the full capacity
of the acreage planted.
inst.
Georgia Agricultural Department's Report for June 1.
—Commissioner Henderaon issued on the 12th inst. his reixjrt
for the month ended May 31st. On cotton the report says:
"The stand
of this crop the first of June compared to a good stand, in
northwest Georgia is 97,
miartle Oeorglt 96, in souttiwo.st (Jnoricia
»7, in east (Jeortsia 93, in southeast Gaoigia 9 1, and in the wliolo stato
«7. The condition com pared to a;i averag' in north Georgia is 92, in
-middle Georgia 9^, in southwest Georfria 97. in ea^t Genrj<ia !)1. in
eontheast Georgia 97. and in the Whole State 96. The stand and (Ondilion is six per cent below the report tor the nifinfli of May, 1883. The
m
crop has been Kenerally well worked, but the growth has baen retarded
.and the stand unpaired by the low temperature of the mouth."
1
"With the exception of the latter part of May the moiiih was veryfavorable for cott<m. The rains were not sutti.!,eu; to iutcrfure with the
worliinc; of the crop, and farmer.^ were euanled tn free it of Rrasa, so
that it was in the b^st possible eoudition to j,'et tlie greatest benefit from
the June rains. Some re-i>!iintlns has been necessary. The latter part
of May was cold a,Hl u,if:,voi'aUle and tbe gi-owrh ot the plaut was
oheckeil, but, no serious luiury has been reported fnnn this cause. The
ci-op is ten days to two weeks later than last y.-ar. but tue 'stands' are
go'irt. and with favorable seasons in June, it is expected that the crop
will reach .in average by the first of July. Tue cuillUon is reported:
In northern Carolina 96, middle Carolina 95 and lower Caroliua 9 7."
Sept'mb'r
« 938 5 11 97 5 64 914 9 9H 5 9 ®7 3 558
October.
® 9^8.5 llh1>7 5^ 63, 919 « 938 5 9 a7 3
5=8
a 9^5 101297 5>fl 6ifl 89,69 91a 5 10 a7 4'< 5^
May
Sovemb'r
9 9^5 8^97 3 6-J„ 8»8 ® 914 5 10 a7 4 4 513i8 Deoemb'r
® 916 5 Siaa? 3 6>4 8iii,a99i« 5 10 a7 *H 515;
January
9 9H5 8isa7 3
»% a 913 5 10 a? 4i« 5'8
^;5l6
" 3 8% « 9I45 8is«7 3
(i-M
Si'ie® 9145 9 »7 3
534
February.
June c 8% ® 9Vt 5 8>297 3
f.38
8=8 a 9165 9 a7 lifl 53,
Uaroh ...
" 13 8*1 a 9%l5 SSiS? lis 6*i*i 8=8 a 9i« 5 9 a? lia 511,
" 20 aSg ® gigio 7ia37 1
6»8
8% a 9145 9 a7 3
511,, April....
May
Cotton Acreage Eeport. — In our editorial columns will be
AprlS
XXXVm.
[Vol.
I
752,827
595,.59S
482,772
294,519
185,523
1.
1880.
1879.
1879.
333,643
888,492
942,27-2
283,343
689,264
779,237
956,461
393,66-4
647,141!
447,91'-
618,727
566,824
303,955
167,459
84,299
261,913
159,03.-1
110,00ii
Totalyear 4,752,791 5,315,712 4,551,303 5,549,410 4,749.873 4,392,277
Psro'tage of tot. port
receipts May 31...
9661
9191
94-47
96-43
98 73
This statement shows that up to May 31 the receipts at the
ports this year were 1,0(53,921 bales less than in 1882-83, and
300,983 bales more than at the same time in 1881-82.
By adding
to the above totals to May 31 the daily receipts since that time,
we shall be able to reach an exact comparison of the movement
for the different vears.
1882-83.
1883-34.
1 880-8 1.
1881-32.
1879-90.
1878-79.
Tot.My31 4.752.791 5,31.5,712 4,551,808 5,549,410 4,748,873 4,392,277
J'ne
•
"
"
"
"
"
"
"
'•
1....
3
...
4
...
4.127
4,920
4,100
3,589
5,163
5,175
1,043
6....
7...
8
B.
528
868
5....
8.
...
2,361
2,720
2,401
8,174
1,499
8.
2,056
2,328
2....
8.
9....
2,002
713
569
593
2,499
8.
5,5t-;3
3,489
2,!109
329
1,612
5,735
1,583
3,105
2,190
1,880
1,365
2,753
13,299
" 12...
" 13...
" 14....
" 15....
3,23li
8.
S.
" 16...
515
" 17....
" 18...
2,107
8.
201
553
" 19....
" 20....
1,913
2,356
1,719
987
>
2,65e
3,327
2,215
2,002
2,903
1,865
10...
" 11....
2,694
3,731
3,219
4.589
2,316
5.37
3!i05
6.351
5,312
a.
4,7fl0
8.
3,30'j
4,381
4,934
3,793
8.
1,743
054
1,142
3,.598
875
3,184
8.
6,751
5.719
3,741
3,260
4,951
2,709
8.
833
5.019
2,631
2,913
2,013
6,12!)
1,826
4,223
8.
2,002
2,044
1.886
1.014
1,557
1.060
1,021
8.
4,037
2,356
2.914
2,587
4.46:
3,573
S.
4„=.97
8.
662
1.773
1,188
419
2,097
8.
4,777,330 5,876,732 4,605,519 5,629,993 4,805,109 4,114,610
Total
Percentaf? of total
97-57
97-62
95-81
99-26
96 05
port ree'i)ta J'ne 20
This statement shows that tlie receipts since Sept. 1 up to
to-night are now l,090,3.j2 bales less than they were to the same
dayof the month in 1883 and 171.801 bales more than they were
add to the table
to the same day of the month in 1832.
the percentages of total port receipts which had been received
to June 20 in each of the years named.
We
The Following are the Gross Receipts of Cotton
at
New
York. Boston, Phihulelphia and Baltimore for the paat
week, and since September 1, 1883.
NKW
This
frcnn—
Wtfli.
New
Orleans.
Texas
Savannah
.
.
1.
VOUK.
Stnct
Sept.
1.
»45
231,083
Ba;i
201I,3S1
344
l&S.OM)
Florida
So. Carolina.
No. Carolina..
207!
19
10
VU-Klnla
North'n ports
Tennessee.&c
Foreign
328
This year...
8,512 1,0S3,324
T.s«t v-nr.
fi.si31.->(l1.nOT
Jur.::
active
BarTo,
Bag
a.mi,
and mire basiuets
TkU
Slme
Sept
Since
week.
1.
Sept.
1,008
2.130
67,387
14,530
803
Mobile
8,167
111,123
31,0T6
223,270
2,205
107.000
6,S38
PHILADELPn'A
Boston.
This
week.
1.
BALTIHOaX.
Thit
Since
UKCJC.
Sept. 1.
58,220
13,577
9,20U
14,163
2
142
7.;ii 4
&o.
40,913
BI.ITJ
102,306
190,869
1.555
51,412
435,l-.J3
1.566
11J,141
F.''.( 0->ft
1
2,973
1,0S5
—The
d.)iiig,
sine
.R*'K
17rt
il'-.i
15.323
25,137
I.'
S4,o3S
12
20,549
21
814,079
7.(i.-tr,
3H"7-3l
market has be 311 rather
;
our
last report
in a jo'j
»
.
JUNB
THE CHRONICLE.
21, 1884.J
bing way, but
little business Itas boen transiict<'
Prices are without chnnKC, hut art' Htoiulilv iii.iijii:i
by (li'iilerH, wlio do not I'are to ucci-pt It-KS than i|iii>t^<<l ii
for thi' pari'i'lM moving, and we do not hoar of anythinn
iiuoted than Ifi^c. for 1'^ Ihn,, lOi-, for l'^ llw., 10 '.,f. for a llw.
and li;^'". for Mtandard Kra'les. JutohuttMare rathur hIow, and
beyond a few biuiiU traniuu'tionH wo hear of no hnsincss. The
market is dull and (iiiotationa are nominal iit 'J'l >' :Ji jc. for
pa|>er grades and 2,^b(" •.''.|,c. for Btandard grades.
iiInK, hltfli
I
eels.
for «•(£ (lay of tlio wmik ar
Oh th« bMb ct UpUaila, Low m
i
New York—To
Liverpool, per ntoamnm naltlo, 211....Cltv o(
22....Geiiiiaiilc, I,752...Morcliniif, 1,461. ..Bt.'Ho912....Sirlii8, l,-<41....WUiouiiKln.
Ri'iiic,
...llOii
Biviiinn. piT Bleainci's Em.". 2(1£)
Nuruborff, 100
Uaici'lunii. per steuiucrg Ann <Io iHiln. 3,100. ...Ileriuaa
To
To
Cortcn,
7,(i
New
Uverpool, per steamore Kansaf, 1.753
JWM^IalTJaly.Aea...
13.1U
300
Biiitlmoro
Boston
-.^,221
riiiladelplila
1,538
Total
2,517
Jaa..r*b....
irab.-March.
21,255
11,010
Total.
25,537
36,195
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
Oiii.K.VNS— For Liverpool— June 14— Steamer Counstllor, 3,955
Juue 17— .Ship Podtsti Bozzoni,
For Havre— Juue 16-Steamer Alexander Bixio. 3,237.
For Bremen—June 14— Ship Port Uuyal, 28.
Galvkston— For L verpnol— June 13— Bark Boma. 2,261.
Boston— For Li verj>ool—June 13—Steamer Pavonia,
Jane 11—
Steamer Virginian,
Cotton freiE;ht9 the past week have been as follows:
:
,
Havre, steam
Do
Satur.
Mon.
Tuet.
Wedne*
TKur$.
».4*
9«4*
»6«*
»64*
96**
....
....
....
....
....
...•
e.
*is*
=16*
"is*
=18*
»,«•
Bl.«
Do
c.
....
...•
..—
««4*
2'84'
23«4-
....
..•
....
.--,
....
14*
^4'
"4*
M'
....
as"
...
38*
....
38*
38'
....
38*
....
....
....
....
....
....
(I.
=>!«*
Sis*
Sis*
»1.*
«16*
Sl«
c.
--.-
sail
e.
saU...e.
Amst'd'm, steam.e.
Do
saU.-.e,
Reval, ateam
Do
««*'
V
.e.
Hamburg, steam, c.
Do
Fri.
»8*
sail
Bremen, eteam.
..•
..••
V
....
....
^M'
-.-.
H*
....
36*
....
....
3a*
....
38-
....
Barcelona.steam.c.
....
....
"a-
38*
SB*
....
38-
....
Qenoa, steam
c.
Triesto, steam ...c.
Antwerp, steam.. e.
' Compressed.
%•
'is*
'16*
n»*
•16*
'IS*
M'
4'
>4'
^is'
>4*
sail
V
N.*
V
—
Liverpool. By cable from Liverpool, we have the following
Btatement of the week's sales, stocks, &c., at that port. We
add previous weeks for comparison.
May
Baks
of the
week
bales.
01 which exporters took
Of which speculators took..
4
Actual export..................
Total stock -Estimated
Of wiiich American— Estlm'd
Total Import of the week
Of which American
..
Amo ant afloat.
Of wbioh American
....
30.
73,000
5,300
14,000
LOJO
G.UOC
.T'ti^ic
6.
21.000
1,400
1,100
10,00c
June
13.
56,000
7, 3
JO
2.300
38,000
12.001)
4.8'Jt
13,000
7,500
917,00(,
911.000
6iO,00t
41,00<
6H3,00<
0,300
899,001
611,00t
4d,00<
19,000
228.000
36.000
3,!,00(
10,001
19,001
178.00C
45.000
210,000
40.000
June 20
44,000
3,300
1,700
27,000
4,300
7,400
893,000
599,000
41.000
21.000
207,000
40.000
The tone of the Liverpool market for spots and futures each
day of the week ending Jime 2(), and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tuetday.
Spot.
Free
Market.
supply
12:30p.ii.
olTcring.
Mid Upl'ds
Mid.Orl'ns
Bales
Bpec.oi exp.
luturet.
Market. (
12:30p.m.(
Market.
4 P.M.
)
Freelj
supplied.
Dull.
Wedntt. ThurmVy.
Dull.
639
6>a
Steady.
6^8
6'«
fnOay.
Quiet.
639
6'16
6»18
6«H
67i«
6»18
7,000
1,000
8.000
1.000
7.000
1.000
7.000
1.000
10.000
2,000
7.000
Quiet
but
DuU.
Qnltt.
nrm.
Quiet.
OnlBt
but
Easr.
Qalet.
Doll.
67l6
LOCO
•teadr.
Easr.
Firm.
BteHdT.
4L
am.
4
4.
88I 8.4
8H
881
sn
• 88 • 88 • 88
XI
814: s«l
*m
•t
SH
•
8*
m
w
818 880
888 888
'14
U
It
808 • ••
888 • ••
'.',7
8 14
•
o»
....
• •••
Oim
d.
Jon*
fll9
Jnne-JBlr.. 8 20
Jolr-AoK... 6(1
September.. 8(8
8«rt.-0ct...
Oct.-NoT„.
Not.- Deo.
.
Deo.- Jan....
Jun.-Feb ...
Feb.-March.
*•
• •••
•
Weak
Tkm*.. Jaaal*.
JmvM.
»rk.
1
eu
810
600
804
•
•>
SIfk iMt. Oos.
4.
d.
4.
SI9 8IU Sit
sie Sl»
6 HI SM sao
884 sw saa
aas su S«8
«» Sll • 81
SIO soo SM
SOS sot 801
S04 808 808
SM
•
0pm
«^
4.
4.
SS« S88
• 80 Sit
0*1 888
»» SIS
Opn
4.
».»w
4.
4.
88^
«•• • •V
880 (1211, n88 8»i • SO
811 818 • 88 • 88 • 81
• S3 • M, «M • 88 888
Sits S8t) •
• 8),
• (« SIS
8 81 883 • 81 • 28, 888 8 84 411
• 08 8 11 • 0* 811 Oil • 18 • 10
«o; SOS
SOS 804 80S
804 808 804
st« • IS • 18
W
'"1
Clas.
4L
• !•
• I»
881
• 84
8»
• tt
• 10
• «»
• «ft
aa.
March-Apr.
BREADSTUFF S.
.
sail... (2.
ovMflWi
4.
1
Nbw
Do
884 • 84
Sf8 884
8M 8I»
88T SIN
sie 88)
• «B 818
814 • 14
80V 80*
808 808
4.
1
the latest dates:
I
4.
IV.
....
1,733
1,733
2,2V1
1,536
1,113
«*4 Sl«
S«4 8*4
•
•
W«4aaa., JaaalB.
2„'il7
5,l(:8
2,&il7
4.
U »
w • W • 38 • 18
SSI «) «(0
• M sas
S88
AuicBept.. S24
Sremen. Barcelona. Genoa.
300 11.010
1,113
4.'
814
8 14
810 810 soe • 0»
R0T..Uea
Dm.- fan... SM SOS • oe •
2,ti.'>l
Tlio particulars of these shipments, arranged in our usual
13.114
a,e5l
1,733
4.
(••M4A,
TMC^aa*
Lm». OlH,
,0 1
form, are as follows:
Liverpool, steam d.
«M aM
CM «tt
ew OM
March-Apr.
36,195
XiiTerpool.
4.
Mpt..0at...
Oot..NOT_,, 814
2,221
1,S3G
Total
0»M aMk
da*.
Aii«.J(«Pt., •
Svpteaibor,. «SI
Veaetlaii.
4ti8
Puii,AuiiLi-ai.i—To Ll^;e^pool. per steamer Illtnois, 1,536
New York
New Orleaas
4.
--l-i-.c
in* 14.
Opmi
MU •4U«. tktu: SMi
1.113
To liiviiien, lU'r sieiiiiier Havre, 2,.'il7
Bai.timouk— To Liverpool, per steamer NoraScotlan, 1,733
BoMON— To
*m*n
M
11
1
Pit sIciiiiut Drilauiila, 1,113
OKl,KA^6— To Liverpool, per itleaiuor (;iayperoD. 2,051
Til Iji'iiOii,
'
.
,^,819....S^.•rlln.
n:iii«i,
t (riMn In |MtMt
»X-«4<I
<
Jam
Til
.i.hI.
I
1^
.Stni'Pi.No News.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
3(!, I!).") hales.
So far as the Southern twrta are eoncemed. theae
are the sauio exports reiM)rted hv telegraph, and published in
the CuKO.MCl.E last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
night of this week.
Total baUt
715
FBIDAT, F.
M
.
Jane
2'>.
18S4.
Flour has at times sold more freely at rather firmer pricea,
but as a rule the demand has been light and the market more
or less depressed. The supply is still quite liberal. To-day
the market was dull and weak.
Wheat has met with a fair demand for export, but in
speculative way has been comparatively quiet. Until more
definite information can be obtained as (o the probable magnitude of the present crop there seems likely to be ooly »
moderate degree of activity in the purely speculative branch
of the market. Prices advanced some days ago but latterly
the tendency has been downward. Small receipts, less favorable weather at the West and some demand from the
shorts caused some advance on Tuesday. But since then the
trading both here and in Chicago has been unusually light and,
with more favorable weather, pricea have, as intimated, been
slowly 'declining. Reports that considerable damage had been
done to the crop in California by rain are now said to have
been greatly exaggerated; the crop almost everywhere
throughout the wheat belt seems to be in a fine condition and
a marked increase in the yield this year is generally expected.
Dry weather is now considered the best for the crop in most
sections, and reports of rain have a tendency to advance
prices. The weather at the West is now hot and forcing. Latterly harvesting has been reported in Illinois, Indiana, KanTo-day the marsas, Missouri, Kentucky and further south.
ket was quiet and slightly lower for future delivery. No. S
red closed weak at $1 01 delivered, 09c. for June. 9»?ic. for
July, f 1 01 ;\' for August and $1 02 'i for September, showing
a decline for the week of J^c. on the spat and U^c. to 80. for
future delivery, the later months showing the greatest depression.
Indian corn has advanced, and there hare been reports of
manipulation in Chicago with a view to cornering July con'
The supply of cdhtract com there has not been very
tracts.
Latterly, however, in sympathy
liberal for some little time.
somewhat. The crop i»
declined
has
cereal
with wheat this
to be in a stronger
said to promise well. Com is considered
sundpoint,
position tlian wheat, jodged from the statistical
speculate ju»t
but there is apparently not much dispoeition to
only a fair
now, either here or at the West, -rtere ba« be«i
export demand here. To-day the market '^'a"'*' ^"JfS*
deUrwed,
toVc. lower. No. 2 mixed sold on the spot at Mc.
No 8 at 57^ jC" 58c. Contract mixed com ia the bert sustained.
Yelhw and wiiite are not plenUful and an to a F"^'*"'^
"'i"^. ^^77°; S*^
nominal. No, 3 mixed clowd weak
August and M\c. for Sepfor June, 62^gc. for July, 03 Vc tor
week ago, tbougi»
tember. As a rule thew are the prices of a
cash corn is ,'^0, higher than then.
»
.
.
,
;
:;
.
'
——
-
"
.
:
THE CHRONICLE.
746
XXXV III.
[Vol.
' Included in the foregoing t'ltals are the reportR
Rye haa been moderately active at steady prices prime Canfrom Milwaukee.
New Haven, Pnrilnnrt and Paimouth, Richmond, Willamette and Yorkada has Bold at 76c. and Western to arrive at TSJ^c. Oats town,
the details for May, 1881, being as follows
have been quiet at lower figures. No. 2 mixed sold to-day at
MilicauNew
PortRichWillaYork36S^@36J3C. for June and July and 34J^c. for September. No.
Barler—
Ace.
Haven.
land,
mond.
mette.
town.
2 mixed closed weak at 36)ijC. for June, 86530. for July and
Bushels
Value .$
84J-|c. for August, showing a decline of 1 to l^c. during the
;
if-C.
.
weel£.
The following are
closing quotations:
FLOUR.
Ko. 23"rtn);...1» bW. $7 l.'JW 2 01 Patents, -wrlnter.... $5 003 5 35
Ko.2wintor
2 509 2 85 atyahlpplng extras. 5 05a 5 10
Buperflne...
2 65» 3 1." Southern bakers' and
Bpring whe&.
» 4 oo
family brands
4 75'* 6 00
Minn, clear and stra't 3 75» 5 50 South'n sUp'gextra8.4 003 5 25
Winter sliipp'gextrBS. 3 25» 3 50 Bye flour, superfine.. 3 603 4 00
'
n'os-i*
**
Winte~
Com mealstraiguv
3 503 5 75
Western, &o
3 009 3 35
Brandywine, *o....3 30 9 3 45
Patents, spring
6 00» 640
IN.
Indian cornBushels
Value
.$
.
meal—
Indian corn
Barrels
Value
.$
.
Oats—
Bushels
Value
.$
.
OatmealPounds
Value.. $
Rye-
Bushels
Value .$
.
Wlieat—
9
75
Spring, per busb.
BpringNo. 2
01
1
80
White
White No. 1
Com—West, mixed
...
,,
5=)
Western Yellow
Rye— Western
.®....
......
63
West. mix. No. 2.
White Southern..
Yellow Southern.
Western white...
63%9 70
69 « 7313
State* Canada
75 » 76
Oats—Mixed
38 9 38
White
37 a 40
No. 2 mixed
3o^o SO's
N0.2 white
373j» 38
Barley -No. 1 Canada
a
No. 2 Canada
®
97
97
e
ai02
®101
Wri
Red winter. No. 2
Bed winter
Corn-
a
61
9
S4
9
State, two-rowed
State, six-rowed
70
62
a
Wheat
Bushels..
Value.
Wheat
22,500
9.098
9,098
$ 22,500
.
52.881
46,011
flour
Barrels
1,441
Value.. .$
7,304
17,209
98,711
2,312
5.600
33,500
16.102
1,080
98,711
57,321
48,323
66.739
33,500
99,108
520
Total values-
May, '84,$ 22,500
May, '83$ 25,4 i5
11 mouths
1884...$
9,>J7
523,880
55,572 1,999.553 1,170,912 3.830,286 848.337
216,190 1,120,574 3,614,375 1008593
1, 1883.
1883. ...•S 26.5.921
61,519
Not stated previous to July
+
The following statement, prepared by the Bureau of Statisshow the exports of domestic breadstuffs from the
The movement of breadstuffs to market is indicated in the
undermentioned customs districts, during the month of May, statements below, prepared by us from the figures of the New
1884, and for the eleven months ended the same, as com- York Produce Exchansre. We first give the receipts at Western
pared with the corresponding periods of the previous year:
lake and river ports, arranged so as to present the comparative movement for the week ending June 14 and since Aug. 1
for each of the last tliree years:
CO »
rr ^^ rr
-^ ^ —^ *—
tics, will
'
rr-
?il!s
BB?^
:
^p
i'-
.
)
o
Becetpta
:
i
.
cr.
/^
0000
ODOO
B s
"i «;
i*"
O
.
at—
Flour.
Hi
r:
"^
_ 20000
aa
o
«:
ti IP
9
OhloaKO
MUwaukee
.
Toledo
'<"«i
Barley.
BV«.
1
2.152
101,788
99,340
15.500
..
2.305
12.W0
6.000
17.1«0
8t.l.oul»....
PeorliL
Diilath ......
19.0)7
70.978
109.899
186,415
2.868
7.950
82,707
491.860
119.010
8W
805
2.4')C
12.500
21,500
Tot.wk.'84
148,400
2,311397
1,878.697
1,689.918
65.613
35,186
2.73.'J.:89
108.703
144,553
l,87o.906
908,247
67,611
48,458
8.100,418
65.537116 99.501,901
6.B08.16J
71.093.195 85.469.813
39,62 i.flfli 100.191,162
68.698 307
47.681.759
16,907967
8.478.14(1
15,312,063
4,573,058
3.3,877,641
11.976,306
3.743,418
Cleveliuid.
isa;
5s.
OaU.
'
Detroit
.0.;
Com.
TFTKat.
Bbli.imibi »u»(l.60 Ibt Bwsh.6H I6.« BU8*.82ib,- Bu>h.48l6i>iBtuh.56!l>43.201
117.241
1,605.188
9(11.228
29.499
33.540
68.8(ia
819.781
31.290
85,750
23,114
6.880
48.B60
408
ias.709
2.715
......
•
03 CO-
00 00'
00 oo;
Same wk.
3ame wk.
'83
150.808
'82
129,291
761.683
916.447
714,207
1
1
31nceAug.l1883
1882
1881...
(0-
«
7,086.788
The comparative shipments of flour and grain from the same
June 14, 1881, inclusive, for four
ports from Deo. 34, 1883, to
years, show as follows:
aoc
0:1^
005
r-^IO^
wtooo
DO'<i-t^
to
-
1
c
WMMC
(XOL;'-'^-
MOD
-'..UOw-c
CC
tQ
CO
M»5Wrf*-
OtP^CH
CC :»3if*-^
'*» Oi rct
CO C.I
to '•—
Qo c;
y«
CO
*- ** *^ 3: c»i re
CO CO
Plonr
oi^MCoa
r?
^OCiSS'—
srteat
•
Rye
**.ic:mXj
CO-KO-X
o- c: »c »&
.-xcco*.
OJtOCC
rotalgialn
Icbccotol-oco'i-j?
CO
C3
01
o
O
:
CJ'lo^l
li cc to
.
J.
.
Xo
^\
JCo 01 too*
rf»
li-
.
Ic'tt-
*- ^-
ic CO
O- 1-
l-T
MM
10
IS
ICilO
CiJ
c
O CO c
-^t
u
re tc
— -X
.t-
COO
10 :;<*•;:
to *QO
OCO
C ui O vivi cc ^ >l 03
§
I
Wheat
05X./)»fa>
C-.
C'-:j'X
-ixroaiMtc/'CCi-
X to CO a
•
•
la-C-'l*'
.
.
x:;'03a
— *.
.
'-'
a cc -1 o en o:
'-;
CO li
.
O'
.
.
-1
03
oCSCJJ
0. 0*.:
'j;
•
'
;
:
to
Co
a
cuio.
IPCCMlL
Cfl
o:
^Ife;
acts
aa CO
w
to
to
C
_^ai_^to
CO
AQOOiO^-^'?
^1M j.N,cno;a CO,
y,.
wocoocor oc-bt'-i QD
O-
CO -J
:j'
to
3; CO
o
!»-
b
_,
MO k >.*r
a
-^ — tc
^ COIc
— c.
c;
_
S a
C;t.
C. CC -J Cw
»
X X en
c: oi
O
—
r-o:jc:it-c. ooj»p-
<H0 X »-
Wo:
a
>--
c*;
*-I
ti'
_c
c;'p
:
ioio^lcj-
^
__
"?^
cc » • 10
M—
5^pr'P.''^,"?^
i^lo'ciCSMOXUi'—'c':*
M CC t3 'O CCUD o<
^•:a5--Gcw_»i-cippM
rc
,
_
-^j
Jk.
O'
C;<
96,649
71.428
44,946
86.448
2:i3,748
13,397
31,591
164,504
368,483
785.927
19,701
35.22J
133.099
386.258
513,299
24,848
29,441
2,706,957
1.373.844
1.136,945
1,2.58.101
Wed.
220.897
Ht;i.470
715.589
17,138
19,702
--c
..
'
:
.
M
o
c
1.861,79*
0(1
I*
ports for last four
Bartet/.
Kt/n.
bunh.
b tilth
53.391
2,086.407 1,157,781
1.457,312 1,160.182
13.397
23.133
58.749
53,225
rot.,4w. 712,128 4,718,405 8.034.345 .5.106,053
4w'ki'83. 571,208 2.911,010 9,903.022 4.451,057
158,531
115,232
May
May
31. 164.860
24. 225,260
1.062.873
1,448,112
At—
Hew York
Boston
Portland
Montreal
PMladelphla...
Baltimore
Orleans...
Floiir,
obis.
Wheat,
bush.
Oom,
253,159
34,350
730,333
193,800
8,900
132,177
1 26.300
107.800
136.715
160.065
88.500
245,813
695.294
3150,759
at the seaboard ports for the
89.1122
66.720
678
18,082
27,384
20.549
9,780
IH3.I)53
259.157
219.493
buth.
Oats,
lyujih.
Barley,
buah.
104,050
3,250
59.001
133.200
38.478
12.758
RV',
bni^.
236 250
8.12.8.50
......
9,503
2.400
2.590
...
.
48.530
'^
a
M
h; -
t'lOCSOC Vm'ic'-iIcV
Jane\8.
Week
Wlieal.
Oom.
Flour,
OaU.
ItuHh.
bnfth.
endina— bblt.
bugh.
June 11. 164.871 1,459,436 1,917,2911,312.513
J'me 7. 187,437
747.9 *4 •.2,563.42 >1.44:->.577
New
a
1H81.
1882.
Week
June \7
The receipts of flour and grain
week ended June 14 foUow:
ly*
ti
1883.
river
Week
June 16.
The rail and lake shipuients from same
weeks were.
*•*-!?
1
79,830.225
from Western lake and
^.
x-sia
10
Cfi.
to
CD
I
21,853,361
17.333
14,989.984
1 972.63S
1,028.906
40,'
Week
JiineH.
1.167,120
Total
c:-1-
XOOXJi
-^
-
.T-
(Ji
,_
Rye
+--MIC
ft*
<)M*kCiQc>Oi-;.c;'C»5'*^
i-j^
— OOi"*.--iiS"-»J
— CO M
M O »tV W -. to^ ?
V CCOCOOJ^-^I--'^"- _^
63,816.733
1880-81.
4 020,600
b3
;ji-.lH*M
MCJitCCCiOWCr-t--*--
88,620,330
Oata
Barley
^ I cs »- -J
CO
u
to<i
o to c c
MCX)-ltC
89.164,029
.bash.
,
Corn....
CO
Orfh.iO.O'
>- cr c: s;
10,867,913
35.637,038
13,910,016
2,053.931
1,267,702
bbU.
Plonr
-
r.
c-
13,513,142
48,141,585
20,843.350
4.4 88,023
1,634,225
ioVjVoi
S
Of)
19.523,793
41.929,864
£2,175.972
2.674.895
2,859,503
1884.
uw
acoMH
O-J'-lM
<iA-.xc:
K<oia.'tc
1881 82
3,368,219
to to -'
-loVx
tc
1882-83
4,222,497
are the rail shipmeats
ports for four years:
O X I- K« U X CO c
**tOh-yi
<)
A 5C »
....
1883-84
4,696,078
Below
atO'-aiM'lx-iC.
la
bash.
Cats
Barley
3: -10:
-i(y^<
C-
bbl«.
Oom
o
K
oc M cM^
c www C © IC c.
llCDCoV
ix>
w
t—
*-jop*m'-'coV
17'
783,833 1.441,030 1.201.590
214.873 1,042,273 1,925,223 696.261
Total week... 232.195
^;
T-acoM
Cor.
week
The
'83..
11,990 237.330
1,650 87,284
total receipts at the same parts for the parlol from Dae.
June 14, 1834, compare as follows for four years: -
34, 1883, to
..
.
Junk
—
.
.
THE CHRONICLE
91, lUtA j
1882-X3.
Flour
.boiB.
1883-84.
6,734,1102
6.54.*>.313
S.3U.e05
Wlimi
boab. 15.032..'i03
23,389.034
15.066.570
a4.543.2l».'>
4:t.J«1.273
12,141,850
7,391,303
3,401.805
12.141.11 -tl
2.l.^:^,yl't
l8,04U.H7rt
1 1 .375.71HJ
2.2<'2.60l
l,44U,a21)
724.007
teS.lHO
82.421,356
47.878.661
98 SSS.sTl
Oom
OaM
Barlsy
Vja...
..57,170.756
Total gi»; II
The emurtR from the
ending June 14
Bxportt
1
IkMtOD. ..
Purtlaud
38.609^82^
4^. 797.228
ll.lOO.OIx
2.019. .'187
several seaboard porta for the week
in the annexed statement:
Whtai.
Biuk.
Bbli.
.Mi.839
70,()6U
New York
IxBO-ll.
e.l7l.«93
H. are shown
Hour.
from—
1881-82
55i'.338
116.356
Oom.
OtUt.
Jtir«.
Fta..
Hutk
RiwA.
Butk
Bvh
177,181
105,031
244.588
269,573
1,343
"50
29.576
T2,830
Moiiireal.
14,i'47
38,'5it3
66,lVl»
PtlllHllol..
4.225
J
5 -.448
Baltlm're
N.Orl'D*
8.II3U
11'2,016
43.375
112.28'
106, 7»2
Total w'k.
i'me tlm<<
155.365
972.7r>0
605.073
244.63t>
344.690
laos.
154.977
7^9.233 1.443.231
1,013
H6.376
31.6SI
We
add the
1.449
.
46,442
Tlio ilostiniition of tliese exports Ls as below.
c jrresponding jwriod of last year for comparison:
Oom.
Wkeal.
FJour.
74,163
KxporU
week
io—
1883
1884.
Wrek,
for
Jiiiu 10.
Bwk.
60-'.2»7
3ti3,455
h,105
8,306
155.365
154,977
972,7.50
W.
l«.:n)0
IluliPH
Brit. Col's
Oth.o'ut's
Ty>tal.
14.
Vbl*.
103.093
1.214
l.^.H?
S.&C.Aiii
June
9«.674
1,929
14.426
22.138
17.592
2 8
BblM
Un.KinK
Contlii'nt
1883.
Week.
1884.
Week.
Wt»k.
June 14
1884.
Week.
Jane 16
June
Bu'k.
1883.
14.
Werk
June 16
Sit'k.
Bu^k.
Hi7.008 1.1'<».8-1
H0.7H1I 209.716
383 347
348.511
12,48 l|
10,K14
998
343
13.374
12,6n0
2,^7^
16,078
3.0171
1,079,
605,073 1,443.234
732.233
to our previous totals we
have tlio following statement of exports since September 1,
this season and last season:
By
movement
ailding this week's
Wktat.
rUmr.
Kxiitrli $tnct
l.SS»84.
t«-
.vp(. X,
Sept.
June
I
fn
S'pt.
14.
UN:
June
14.
Chrn.
1!>8SW«.
Sept.
Junt
1
1883-84.
In
Sept.
1
In
June 14
18.
1888«<
Sept.
June
1
'
16.
tivuh.
Biufi.
fhteh
3«,il48.I45
22..M5,4()5
29 145.211
14,«»<.2llfl
aS.lSl.TPS
7.2 »,515
6,705.8 ;z
45.S.709
1,22s
ia).185
1,451.043
»5j.(0!1
845
38,383
«8,464
,143
813
4»7,31i)
8 010
1(1.111
lai.002
880.381
iKi.um
West
om.tu
'134
4«').241
Bi»«li.
402.944
35 438
85,343
n.5«7
827,406
m.eoi
3»»,07a
88,I4U
13K.570
6,0^5.IW5
7,8S8.088
38,424 «?7
58.'K17.10fl
31.n9 1,470
36.778,136
Indies.
Briu Col'nleK
Otb. ooontr'B
The
M
1
JutK
16.
«>l».
Continent
i.40. Am...
Total.
V>|1(.
5.IH3.W7 2l.nrt7.178
4,051 4X9
.
("
1
Un.Kliuiiluai
.
1883^
188»fl3.
supply of grain, comprising the stoclfs in granary
at the principal iKJints of accumulation at lake and seaboard
port.-!, and in transit by rail and water, June 14, 1884, was as
visible
ill
many buyem All III _
disposed of, but the prioss ofaUiiMd www low aiirf nnmnoMfL
ative to the manufaotursta. Tho faitofs of lb* largo wholsaaW
clothing house of Carhart, Whltfurd
Co,, wiUi tifolwMi
traotad a great
A
liabilitim of over
one million
was annouoood la tkc
and caused a somewhat disquieting offoet in woolaa
goods circles, although it U believed that the snitufr— iin«|
dollars,
trade,
of tho firm will prove to be only temporary.
Domestic' Cotton (><joi>h,— The ezporU of eotton goods for
the week were 1,478 packages, of which 857 waroshippMl to
Ureat Britain, 800 to U. 8. of Uulombla, 218 to Brasil, 806 to
Hayti, etc. There was a somewhat more freqaaot dooaad for
small parcels of brown, bleached and colorsd eottOM at tint
hands, but transactions w«re light in Um acgrtgat*. Cotton
flannels were in rather better request, and a st««dy trad* wa*
done in wide sheetings, while thoro was a fair movMBHit in
Victoria and India lawns. Plain and colored oottooa of tbo
most desirable makes are nominally steady in prioa, bat stocks
are large, if not redundant, and sliKht oonoessinns would
probably be granted to buyers of " round lots." Print cloths
were more active, with considi-rable transactions on tlie tinsia
of 8»ic„ less )i per cent, for 64i84 " spots," S^c. flat for MxM
" futures to September," and iJic for SOzWs. Prints continued
dull, but lawns and wash fabrics (ginghams, seersuckers
chanbrays, &c.), were in steady, if moderate, request.
Domestic Woolen Ofxins.— The demand for men's- wear
woolens was spiismodic, irregular and light in the aggregate amount, the recent large auction sales having made
buyers exceedingly cautious. Cassimeres, worsteds and overcoatings were severally quiet in flrst hands, but there was a
fair movement in leadini; mukes on account of back orders.
Satinets were dull, but Kentucky jeans were in better request,
and there was more in(|uiry for rcpellants. Ladien' cloths,
tricots and Jersey cloths were in light demand, and cloak ings
were mostly quiet. Flannels were a Irifl. more active, some
fair sales having been made to Southwestern jobU-m, i>ul
blankets were sluggish, owing to the anaounceroent thai a
public sale of 3.000 packages will be made the coming week.
Worsted and all-wool dress goods were lighily dealt in, but
prices remain tteady.
Wool hosiery was mo.'e active, and a
slightly improved business was done in shirts and drawt-rs.
FOKEION Dky Goods There was a very limite<l demand for
foreign fabrics at first hands and the johhing trade continued
quiet, but a liberal distribution was made by retailers throughout the country. Slocks of seasonable goods are in pretty,
good condi'iim as a rule, and prices of staple fabrics are fairly
steady, in spite of ihe late lull in the demand.
—
Importations of Drjr Goods.
The importations of dry goods at this port for the week
ending June 19, 1884, and since Janilary I, and the some facts
for the corresponding periods of 1888, are as follows:
follows:
Com.
In ttore at—
New York
Do afloat
Ubany
(est,)
hunk
661.771
174.000
8..«iO0
29,.5iiO
.
93.967
2.647,700
8,040
Tilcatto
Milwaukee .
803.725
452.600
busk.
BuSalo
.....
Oau,
tmluth
roledo
503
300
357,298
47,329
189,831
149.683
26,033
dncinnati
Boston (7tU)
Toronto
Montreal
fblladelplila
16-.i.641
Peoria
Indianapolis
Kansas Clt7
Baltimore
228.718
7,500
2,555
10,882
40,335
91«,414
39,400
134,000
Br. Ijonta
Down MlssLssivpl.
On
lake
canal
On
Tot, Junel4, '84.
Toi. ,(nnc 7. '84.
Tot. Jimel6,'83,
Tot.
3 e
*
I §r
I;
Junnl7,'<>2
Tot. Jiuiel8.'81.
15,814 827
8,40(1,815 3,436.072
7.9.)3,?.89 3,192,624
20,618.069 14.923.541 4.55S.V38
10.230,307 9,385.908 1 ,97'<.975
16,411,330 11,783.877 6.044,-299
lfi,f.(J5,«39
b: g
P.
:
•
«
r°:
:
is: -iiltl
SB.
§
:
:
:
:
'.
4
§;
:
15,000
267
1,656
25.275
7.233
37,196
43,429
16.124
28.721
3.066
2,060
":V30
23.438
C^^
to
09
-I
#k
I
I
WO
OtO
'
s
!
cea>
c:
1
ecu
—
8MM
auttta
tfOCODSl
^
CCi^K OtO
i
U;6CV;MCID
0*00
uHftwa
I
32.601
tt.tSV-^10
10.2<!0
3.659
5,170
13.397
34 .'.'91
19,000
40,726
317,682 519.706
311.9 18 886.246
477,408 1,754,750
114,985 934.167
127.413 181.974
THE DRY GOODS TRADE.
FRIDAT.
*
.-<
hiuh.
26,227
24.363
lO.OOo
1.366
40,486
64,083
2,450
96.762
69.910
353,339
7.342
30,300
Detroit
rail
tnuh.
:
Oewetro
On
BurUt.
M.. June 20, lf84.
^M
09
o Ota
ccto^ap
U — .x«**•
00
I
aw—""
M KCSOMS
I
SV
I
*5
oDCTOOoa
t
,
toc*«
'
M
*-M
V'a'« — «^
«>->24
» jcacHwU
I
-1
,
5 «.
o^ov
|S|
£ii?l
s
CO
I
nSMe*
n
CC^ C-J09tCO
»
a A 00 0) '^
r r
1—
*-'
»«
1
the dry goods trade was very quiet the past
week, but a fair business for tlie time of year was done in
Package buyers from the South and
some departments.
Southwest have appeared in the maraet in considerable force,
but they have thus far restricted their operations to a few <iescriplious of goods adapted to the coming season, as flannels,
As a whole
deferring their general purciiaaes until
later on.
Western and near-by jobbers continued to govern
their purchases by actual wants, and the manufacturing trade
o
1
IP
OCT
.1
K.1—
Oiti
VM
CO
CB
,
1
rs
(BtBVODO
\
Vo>'-ieis
'to
:0
©ce
'.kCt*-
».t4
-•-C
W
I'll
e.r— fc»
— <0
jeans, hosiery, &c,,
of the week was another large
auction sale of over 14,000 pieces clothing woolens, which at-
bought sparingly.
The event
I
I
*.
-i
g
i
a
ssssi
^
1
or
'
t
UW
I
CD
^'AO'* 9
9 — 9 HCi^O^
•-
•
* s. • ©•
MC"-M*M
- t3i"283
I
—
—
THE CHRONICLR
748
^tatcmjewt
QUARTGRI^Y RBPORT OF THB
IflANHATTAN COMPANY on the
morning of Saturday, the
day of June, 18^4
14tli
:
HESOURCES.
Loans and discounts, as per schedule.
$7,476,040 44
Due from directors of the bunk, In.
.
& disc'nt8.|il43.000 00
trust companies, state and
national banks, as per a litdule
Banking bouse and lot, as
per schedule
$279,750 86
Ot her real estate, as per
schedule, water works
25,000 00—
cluded in loans
Due from
.
304.750 68
303,049.42
1,871,777 99
,
tender notes and circulating
notes of national banks
Cash Items, viz.: Bills and checks for
the next day's exchanges
Loss and expense, viz.—
Current expenses
647,584 00
5,150,189 96
Brown Wood & Kingman
J
SELLING AGENTS FOR
Geo. H. Gilbert Mfg. Co..
Freeman Jnt'g. Co.,
Arlington ITIIIIn,
Renfreiv Ml'i>'. Co., Janiefi Pliilllps, Jr.
FItcliburg Worsted Co.,
George Whitney, Continental mils,
BOSTON, 31 Bedfora
NEW YORK
TREADY ABOUT JUIiY
15.1
LIABILITIES.
Capital Stock, paid In in cash
$3,050,000 00
Ujidivided profits, viz.—
Discount
$45,057 48
41,B5l 03
Other profits
.1,036.841 02—1,123,549 53
follows, viz.—
Deposits subject to ch'ok$5.960.373 16
Certified checks
4,303.404 3?— 10,263,777 53
Due trust companies. >tate and national banks, as per schedule
2,449,739 6u
Due Treasurer of the State of New York
12,049 Ji3
Amount due noi includ- d under either
of the above heads, viz.—
Unpaid dividends
10.828,56
&
tiO
<fc
37 Tliomas Street.
(
Worth
Street,
and
&
Motley,
SFCCK880BS TO
jnCDGE, SAWYER & CO.,
B. R.
& 45 WHITK STKEKT,
NEW YORK.
43
15
CHAUNCBT STBKKT.
BOSTON.
OF
Railroad Securities
AGENTS FOR
Ocean mills Co., Atlantic Cotton mills,
Peabody Mills, Ctolcopee Mfg. Co.,
New Mills,
Ilerton
Due depositors as
$15,809,944 45
State of New York, Countv of New York, ss.
D. C. HAYS, President, and .). T. BALDWIN.
Cashier of the
COMPANY, a bank
located and doling business at No. 45 William
Street, In the citv of New Vork, in said county, being
duly Bwom, each for himself, salth that the foregoing re ort, with the schedule accompanying the
same, is, in all respects, a tme t^tateraent of the condition of the said hank before the transaction ot any
business on the 14tli day of June, 1884, to the best
of his knowled;:G and belief.
I). C. HAYS, President.
J. T, BALDWIN, Cashier.
Severally subscribed and sworn to by both de(>onents the J7th day of .June, 1884, before me,
Wm. E. Tkotteh. Notary Public.
Street.
58
\ 3.5
Joy, Lincoln
83,404 78
$15,909,944 45
Interest
%xMitvitiovLS.
Lincoln Mills.
.
.
BuildinR account
ttuecie.
U. S. legal
57^,147 26
©atds.
€;0mmjet;jcial
gaitli
XXXVUL
fVou
White
JULY,
Mt'g. Co..
1884.
Saratoga Victory Mfg. Co.,
Hosiery and Yarn Mtl>
OE^CRIPTIOIV INCOME;
PRICES; DIVIDENDS.
;
^t^amslxlps.
ONLY
:
MANHATTAN
New Vork
Direct Line to
France.
GENERAL TRANSATLANTIC CO.
Between NEW ¥ORK and HAVRE,
From Pier (new) 42 North Hlver foot of Morton
^t.
Travelers by this line avoid both transit by ICnBllsb
Hallway and the discomforts of crosslnii the Channel
n M Buiall hcht.
NORMANDIE, Frangeul
LABUADOR, Collier
ST.
(JEHMAIN. Bonneau
CONTENTS.
Railroad Secarlties.—
A Description of the Stocks and Bonds,
AND A Statement of the Income for four
years past, as well as
Wed.. June 25. 7 A. M.
Wed..JuIy 2. Noon.
Wed.. July 9, (i A.M.
against
Prick of Passage— (includlntfwtne): To Havre—
County.
Cvavxls.
Brinckerhoff, Turner
Special Train IVoni HaTre to Paris,
The Compagnle Generale Transatlantlque delivers
at
to Paris.
A ithout
&
New York special train tickets from
BatrguKe checked through to Parts
examination at Havre, provided passengers
Its offlco in
Havre
have the same delivered at the Company's Dock Id
New Vork, Pier 43 North River, foot of Morton St.
Co.,
at leant tw<'
Mantif acturers and Dealers 1&
tmurs before the departure of a stearaer
«>4M IN
COTTON SAILDUCK
And all
CANVAS, FELTING DUCK, CAK
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, 4C., "ONrAKIO" SEAMLESS
BAGS. "AWNING STRIPES
THKUREATE?*T
full supply, all
Widths and
No. 109
Bliss,
BI7NTIISU CO.
Colors, always In slock
Dnaue
Street.
Fabyan &
Co.,
New York, Boston, Philadelphia,
BELLING AGENTS FOR LEADING BRANDS
UROIVN & BLEACHED SHIRTINGIS
AND SHEETINGS,
PRINTS, DENIMS, TICKS, DUCKS,
Drills, Sheetings,
L.
<tc.,
for
Export
Everingham
&
Triuie.
Co.,
(Established 18B5.)
oommssioN
ivierchants,
12*S l,a Salle Street,
(ADJOINING
CHAMBER OF COMMBRCH),
CHICAGO.
AND PROVIMOXS,
on the Chicago Board of Trade, for cash or future
delivery, a specialty.
Special information, indicatiuK course of markets,
freely furnished upon request.
OFFICE
CARPETS.
HOUSEKEEPERS AND OCCUPANTS
New
F
OF-
York.
JOSEPH CI LLOTTS
STEEL PENS
Sold By ALL DEALERSThrouohoutThe
are represented in the pages of
ik
to
July in 1884.
Railroad Bonds and Stocks in BaltimoreFor the year 1883, and to July in 1884.
Range of Prices by Years.
Yearly Range of Active Stocks— Date o(
highest and lowest prices made in the years
18s 2 and 1883, and to July In 1884.
Dividends.—
Dividends on Railroad Stocks sold at tht
Littell's Living Agf.
its
publication
Exchanges
in
New
York, Boston,
f hiladel
phia and Baltimore, paid during each oi
the six years. 1878 to 18ff3, inclusive, and
The
Living age has met with continuoua commendaand success.
A IVeeWi/ Magazine, it gives more than
tion
THHEE AMD A QDAHTEK THOnSAND
do ible-column octavo pages of reading matter yearIt nroBonts In an Inexpensive form, considering
ly.
lis great au:','-"'. or "'Mixer, with iresimess, owini.
ti its weeKly issae. aiiu w itn a satisfactory comgleteness attempted by no other nublication. the
esi Kssays. Kevlews. Critcisma. Serial and Short
Stories. Sltetches ol Travel and Discovery. Poetry,
-liiontmo. Biograohloal, Historical
and
prior to July in 1884.
Bailruad Earnings.—
Gross and Net Earnings
in
so far as reported
1884, in comparison with corresponding
periods of 1883.
Political In-
It Is therefore invaluable to every American
reader, as the oniv satisfactorily fresh and OOMPLKTE compilation of an Indispensable current
literature,— Indispensable because It embraces the
productions of
WORLD
COLO MEDAL PARIS EXPOS ITION-ISTfl^
Leatlier CoTers,
•
•
$1
0(1
7i
ABLEST LIVING WRITERS
THE
branches of Literature. Science, Politics and
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quality and aiuount
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Morning
irii.i4iAM B.
79
A
81
know
or.
U'or
ot
t'tO 50 Tbk Living Aob and any one
the American S4 Monthlies (or Harper's Weekly
or t<m'<r\ will be sent tor a year, postpaid; or for
anu the Su NfholnH, or
51) THE Living aoe
Address,
ft*p (lO'tC* il'iutitlii.
m
'
l,l'rTF,l.l.
&
<lO.,
BoBiuii.
hana
tc
CO.,
WILLIAM STREET, NEW YOKK
FOR
SUir, W'ilnvmglon, JV. C.
of no equal o THE LIVING AOK for
variety of iiiformatioo, depth of interest, and purity
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Published WEKKLr at »8 00 a year, /r«e ol postage,
"We
Red
Price in
To Subscribers of the Chronicle,
In all
FICES take notice. Before buying your carpets.
Linoleum, Oilcloths, or Mattlnps, call at BE.\ DALL'S
Misfit Carpet Store, 114 Fulton St., basement floor,
('heapest place In
to July in 1884.
lorm«tion,from the entire body of Koreign Periodi-
THE PURCHASE AND SALE OF
ORAIIV
United States Securities— For the year
1883 and lo July in 1884.
Railroad Bonds and Stocks in New York—
For the year 1883, and to July in 1884.
Railroad Bonds and Stocks in Boston-
<;en. >rnclJuiiald, mvh. OliJeau I nffeloiv, Th"H.
During the forty years of
Tovrels, (tnlltSjWIilte Goods &. Hotter)
Baltimore.
fihii ul,
l.iiMly, Francis Gallon, VV,
*"«" ^' y :>latthcw Arnold.
RnsKin,T''nnyMon. Browuinar, and many others,
*0.
In the markets
York, Boston, Pbiladelpliia and
Highest and Lowest Prices, Monthly.—
LlVIXt;
Authors, such un Prof. .>lax
Muller, .lap*. A, Kroude.
Prof. Huxley. Risht Hon.
\V.E.C>laclHloiie,U. A. Proctor, Edwjird A. rreemaii.
Prof. Tyndnll, Dr. W. B.
(larpentrr, Krancew Pcvver
Cobbe, Pt-ofei!*»or (ioldwin
Smith, Thu Duke ot Argyll,
v\ III.
Black, IVIiHs Thackeray, i>lr(*. .Uulock-Craik,
Also, Amenta
annual charges
Railroads whose
Railroad and Canal' Bonds and Stocks
Philadelphla— For the year 1883, and
^xxbXivaXitMis.
COTTON
A
New
tlie
all
For the year 1883, and
kinds of
UNITED STATES
ns BEBIAN, Affent,
of
of
commonly sold
securities are
Klrst cabin, |100 and $80; second cabin, $60; ateerase, $26 including wine, bedding and uter.slls. Return tickets at very reduced rates. Checks ^n Banque
Transatlantlque, Havre and Paris, in amounts to suit.
—
®0mm«rcial
Inoonie,
SAL.E.
Chronicle Volumes
SINCE 1870.
possessing these volumes since 1870 bs
at hand for convenient reference a complete and re
liable tinanclal history of the period. Parties havini
the more recent volumes can obtain from the pul
Ushers most of the earlier volumes, or complete set
can be furnished.
Any
office
WILLiAin
;7V
DANA &
B.
Jk
81
CO.,
WlliLiAU 8THUKT,
,
JcNK
inrij
21
CHRONICKK
THJi:
^usmmnct.
StIBtlVUUCC.
The United
OFFICE OF THE
ATLANTIC
IN
Mutual Insurance Co.,
188<<.
conformity to the Charter of
theCuiuimny, submit the foUuwIUK Statomunt
of Its affairs on the Slst Dei'eiul>er, 1883:
Premiums uu MarlLe RIskB from
1 It January, ; 883, to 3 st December, 1883
94,168,953 10
Premiums on Policies not marked
off 1st January, 1883
1,539,232 53
riie Trustees. In
1
Premiums
Premiums marked
off
ber,
95,708,18& 63
from 1st
Januar>-, 1883, to 31«t
282 a 2«» llroadway. N«w York,
1883
94,260,428 98
Loesea paid during the same
period
91,901,042 38
K«tuni8 of Premiums and Expenses
(850,080 76
Assets,
Omo.
1,956,500 00
1,588,306 79
335,710 6
Bank
Amount
$12,972,312 47
8IX PER CENT INTEREST on the outstanding certlfloates of profits will be paid to the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.
THE OUTSTANDING CERTIFICATES
i
Viia us.
1S8S
Insurance Wrlllen..,.»8 800,000 00
IflHS
Ifl.TBO.UOOOO IB.Hoh.okuhi
THE
CO.
LIFE
LIFEdt ENDO WMKST POLICIES
Rates Lower than other Companies.
ORGANIZED APRIL
-
$101,148,248 25
Life Insurance Company
OF NEW YORK.
156 & 158 Broadway,
New
tried, solid, conserrativc,
York.
economtcaJ. New
H. STOKES, President.
H. T.
WEMPLE,
8TEBBINS,
Sec'y.
At'y.
HALSBV,
J. L.
11, B.
.STOKKS,
Wm. Sturgis,
WiUlam
E. Dodge,
Royal Phelps,
Hand,
O. A.
John D. Hewlett,
WlUiam H. Webb,
Charles P, Burdett,
John EUloU,
James G. De Forest,
Charles D. Levericb,
William Bryce,
William H. Fogg,
Thomas B. Cuddington,
Horace K. Thurber,
William Degroot,
John L. Riker,
N. Denton Smith,
George
iSd
& Wakefield,
COTTON
CLAOHORN, HERRING A
116
Ist V. Pres.
V.
I'res.
& Co.
Warhen
BfVKN. Jb.
JoBX M. Cwnr.
Ewen
Brothers,
COTTON BROKERS,
No*. 31
4c
33 Rroad Street,
NAW
Jno.
VOKK.
W.
K.
UtMrVMT.
&
Tullis
&
Co.,
No.
Wm.
OLD SLIP,
SEW YORK,
AND NORFOLK, VA.
18
Felix Alexander,
COTTON BROKER,
AVCrSTA, OEOROIA.
Entire attention flvan to pnrcbase of
TO ORDER
for
Rrmtnrr^ ^—'
Henrr
Ilnnti
York;
Wllllaii.
riAI.
A
t'lNA.<<>
'.
I
Uonsea.
F. Hoffmann,
COTTON BROKER AND AGENT
38 RUB DE LA BOL'RSB, HAVRE.
James F. Wenman & Co.
COTTON BROKERS,
PEARL STREET,
stabllsbed
(in
If.
C3
JOHSr H.
—
Tontine Bunding) IMS.
COTTOK BROKERS,
BEAVER STREET, NEW YORK.
'
Rank of
nisslea
tnnits, #«4
MmEmU.
IKw
tSSSS&Sk
CUSBT 4c CO.,
lO
COTTON BUYEBS,
nONTQOHERY, ALA.
PtTBOHASB OaLT OK ORIIIBS TO* A COMHIsnOli
Geo. Copeland
T.
WALTER &KROHN,
W. H. H. MOORE, 2d Vioe-Presldeat
COTTOM
8PIMNBRS and KZPOBTBBI.
CoBBBspomisxcB 8oucrra».
tW
Special attention given to tbe exeontlon i>r
orders for the pnrohaae and sale of Cotton. Grain
and Provisions for future dellTery. Llberaladvaocos
made on oooslgnments.
No. 113
BROADWAY.
Libera] adraaoea made on Cottoo ooostgaaeaU.
Special attention siren to orders for oootfMts for
future delivery of cotton In New York aad Liverpool
Co.,
12
Co.,
COMMISSION MERCHANTS,
COMHISSION MERCHANTS,
NO.
&
Sawyer, Wallace
CO.,
CHESTNUT STREET,
Rountree
Bliss,
KAVEN, Sa Tloe-Freddeat.
General Commlsoion MerchanU,
84 B«aTer St., New York.
Aii4
EVFAVLA, ALABAMA.
Edward H. Coates
WlUiam H. Maoy.
JOHN D. JONES, President,
CHARLES DENNIS, Vice-President.
A. A.
COTTO>'.
SUCCESSORS TO
Robt. B. MIntum,
Charles H. Marshall,
NEW YORK.
Advances made on Conslimmentj of Cotton. C(^
tructa for rntnre DeUvarv of Cottoo linMM
aS
i—^,—. ^^
•old oaoommiialoo.
i£/oXtovi,
Secretary.
Horace Gray,
Edmund W. Corlles,
Adolph Lemoyne,
ST.,
COTTON BUYERS,
TRUSTEES.
Benjamin H. Field,
Jotiah O. Low,
PEARL
JNO. W. TOLLIS.
PHILADELPHIA.
David Lane,
Gordon W. Bnmham,
A. A. Raven,
141
surrender valuesT^Vrlte for
I>iberal
»nUR.
Henry M. Taber&Co.,
Information and agencies.
No.
James Low,
w
form of policy— plain, Itberat. tnoontestable, noDforfoitable. .Non-piirtleluatlnK, very low rate policies
Issued, as well as tne oralnary partlolpattDtf ordinary
rate pulicies.
n
UvmS'
Keeslve ootvlauiiMau if Cotton and other
ii«»m
ordwi at the Ttxchatm— la
ts eseofd In New V»ra atUecSaTof "—'—'•
ud wneau
Libfli-ul ad ranees made on eotton eo
special attaoUon vlvau to orders for <
'atore dellverr of ootton.
MANHATTAN
COTTON COMMISSION MERCHANTS
D. Jones,
Charles Dennis,
W. H. H. Moore,
Charles H. Russell,
BABCOCK&CO.
B. F.
COMMISSION MKKCHANT8,
IT Water Mlreel, LIVERPOOI.,
Tuttle
14. 1842.
THIRTT-FOVBTH TEAR.
Old and
JeniUod.Oro e*Co.^4UlTMto«.T«xaa.
Presidon'.
ISSUES SYERT UESOKIPTIOS OF
-
COTTON COMMISSION MERCIUlTn,
No. 23 William M., n.w Tork.
SO WaIJ.
OF NEW YORK.
WINSTON,
the Board.
H. CHAPISAN,
Jemison & Co.,
A N K BBS
S.
Ir
declared on the net earned premiums of the
Company, for the year ending 3l8t December,
1883, for which certiflcatea will be Issued on
and after Tuesday, the Sixth of May next.
J.
E.
BABCOCK BKUTUBHS A CO,
MUTUAL
Assets,
!NKW VORR,
»6.a)1.0(iM).p
Assets
S.IIA.SUIS 6.aw,»ia4«
I'ajmentstopollCT-holders 4A9,078 4a
47:>.9SS BW
Increase In new business written
UHSover IRtS.
til per cent,
GOOD AGENTS, desiring u> reprasent tbeCumSany. are Invited to address J. 8. OAKKNKV,
utwrlntendent of Aiienclos. at Home OflBoe.
N.
A DIVIDEND OF FORTY PER CENT
J.
Comparison or Busikhss ruH Two
Iniuruiiccliifiirce..
of
the Issue of 1879 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the Flfih of Feb
mary next, from which date all Interest thereon
will cease. The certlhcates to be produced at
the time of payment and canceled.
By order of
•
m
425, 00 00
celvaolo
No. 01 Mtono Mreol,
InoontMUblr
latufuotorr
proofa nre reoelved
the RoBW OOe*.
AlMolute ecnrltj. combined with the laqraat lib. ralttr, uaar«> be popularity and nucoess of this Co.
All fomia uf Tontine I'olldos Uaued.
INSURANCE
Co.,
BUHroHi). Aotavr.
11.
All Polldaa henmforth Isaned ar*
t«r anj chubs after throe years.
l>oath Claims puW iit one* a* aooa
New
&
CottoB roMMlwilon MrrrbaaU,
OllUlTSlr.
$8,666 795 00
otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bills Ke-
Robert Tannahill
AWt R*
Br »n act of the Ii«clslatur« of this 8tat< tlili Company'i charter was so amwi4*d In toaa that horwfur
all tta« proflU shall belonc to ths pollor-holdsn
m.
viz.:
Loans st-cured by Stocks and
In
lim)!4.SAN. l-nuldoDt.
A. WHiaLWKioBT.
11.
KuLuaa. Sao'r.
F. S.
other Stocks
Cash
C. p.
m
Decem-
The Company has the following
United States avd State of New
York Stock. City, Bank and
States Life
Insurance Co.
TBB CIT¥ OP NEW YORK,
T.
NEW YORK, January 24,
Cotton.
(OKOA.NIXKI) IN INM)
)!ttl.
Total Marine
tU
&
Co.,
COTTON BKOKERS.
ISe
PEARL STREET, NEW YORK.
Waldron
&
Tainter,
COTTON MERCHANTS,
97
PEARL »TRKET.
THE CHKONICLE
r.u
Q^OttOU.
Woodward &
I
Watler
Stillman,
WaMl
YORK.
MADE ON ACC8PTABLK
INMAN,SWANN&Co
SKCURITIKS.
Oath Adrancea Made on Contignmenli.
DKPOsns ItBCBIVED-subJeot to check
—with Interest upon balances.
accounts of
UP-TOWN OFFICE, No.
204
i
HtlRCH STREirT.
COTTON
COFFEE
YORK COFFEE
attlieNEW YORK. LIVERI'OOL AND NEW ORLEANS COTTO.N E.XCUANOES, Also orders for
attlieNEW
NEW YORK PRODUCE EXCHANGE
Liverpool.
Mes-^rs.
Hopkins, Dwight &
C O T T O W
COMMISSION MERCHANTS,
PEARL STREET,
Nos. 2
Samuel H. Bucic &
4
4
CHARLES MAYHOFF.
AND
COMMISSION MERCHANTS,
16 and 18 Excliange Place,
NEW
Post Building,
John C. Graham
RANKERS
AND
&
YORK.
&
Schroeder
IVARE & SCHROEDER,
Special attention paid to the execution of orders
for the purchaae or sale of contracts for future dollTerjr of cotton. Liberal advances made on oon-
Co., E.
&
A. Kent
Co.,
Bloss,
Neiv York.
POOLK, KKNT & CO.,
K. A. KBNT & CO.,
;
132 PEARI.
&
CHICAGO.
Bullard
COTTON BROKERS,
and 7 'WII.l.IAm STREET.
Special attention given to orders for the buying
selling of Cotton koh Future Dklivkrt.
and
Ordan 1b " Futurat" ezeouted at N.
|7,49'i.751
WASHBURN,
Insurance
Secretary.
Company
OF HARTFORD.
Assets January
1,
1884
*9,l92.t>43 HO
for unpaid losses
and re-lnaurance fund
Capital
Liabilities
NET S0RPLO8
JAS. A.
1,923. 1S5 9S
4.000,000 OO
$3,269,457 8S
No. 3 Cortlandt
St.,
New
ALEXANDER,
dec,
T. Cotton Bxoli
North
&
York.
Aceut.
British
Mercantile
Ins.
Co.
01
LONDON AND EDINBURGH.
United States Board of Managemcut.
SOLON Humphreys. Cli'r'n, (E. D. Mori;an A Co.)
David Dows, E»ci. (David Dows & Co.)
E. P. Fabbri, Esq. Drexel, Morgan & Co.)
Hon. 8. B. Chittenden.
Ezra White, Esq.
J J. AsTOR, Esq.
CHAS.
E.
WHITE, SAM. P. BLAeDE>
UANAQBRa
Ofliee,
S4 irilllani
St.,
New York.
YORK.
TIES,
(FOR BALING COTTON.)
L/ommerctal
I*
,
IMPORTERS OF IKON
TIES.
BAGGING.
WARREN, JONES
ST.
Co.,
WILLIAM STREET, NEW YORK.
promptly
follOTving brands of Jute Bagging.
agle Mill8,""Brooklyn Clty.""(i©orgla,""Caroirna,
"Union
11 iv'ii L^wii
.^ai.jiu,
'Nevins.O,"
4^,: V Ills, v^i
Star." "Salem,"
"llorlcon Mills,*'
'Jersey Mills "and " Dover Mills."
William H. Beede&Co.,
2.1
1884
iETNA
Wheeler,
BAOGINO AND IRON
,_>
COTTON, STOCKS, BONI>$,
&
NEW
'
&
York.
Agents for the
CO.,
NORFOLK, VA.
H. Tileston
New
119 IHAIDBN LANE,
Liberal advances made on Cotton consignments.
Special attention ffiven to orders for contracts for
future delivery of Cotton.
No. 5
Co.,
Orders for Spot Cotton and Futures
executed.
STREET, NEtT YORK.
&.
1,
niARTIN, Preaident.
NJSW YORK:
&
COTTON BROKERS,
135 Pearl Street,
Jones,
EVRE, FARRAR
ST. LOOIS.
Dennis Perkins
NEW YORK.
Orders for future delivery of Cotton executed in
New York and Liverpool also for Grain and Provisions in New York.
Farrar
J.
conmissiON iserchants
Buyers of Cotton for a Commission. Orders for Future Contracts executed In New Yorlc and Liverpool.
&
H.
J.
Blgnmenta.
1
ST.,
Cash Assets, Jan.
Co.,
COTTON COMMISSION MERCHANTS.
POST BClIiDING,
16 & 18 Exchange Place, New York.
00
Reserve for Unearned Premiums
2,49T,eS4 UO
Reserve for Unpaid Losses and Claims.
327.877 04
NetSurplus
1,807.240 07
CHAS.
SUCCESSORS TO
8ELMA, ALA.; MONTGOMERY, ALA.
PEARL
OF NEW^ YORK.
OFFICE 119 BROADWAY.
CASH CAPITAL
»3,000,000
IUAYHOFF,
*l
COTTON COMMISSION MERCHANTS GRAIN, PROVISIONS AND COTTON,
No. 8 WlUIam Street, New York.
WBLLBS BUILDING, 5 BBAVER STREET,
No. 123
Insurance Company
IHEMPIIIS, TENN.
COTTON FACTORS
Gwathmey
HOME
New Orleans.
Co.,
IN
G.
Orleans, La.
Jnsxivaucje.
COTTON BUYERS,
& Gwynn,
New
ORDKR8 FOR FUTURE CONTRACTS.
and
STONE STREET, NEW YORK.
VON GUNDELL.
NEW YORK.
OBDXKS for FtTTURE- CONTRACTS EXECUTEn
NEW York and Liverpool.
GRAVIER ST.,
Special Attention Given to the E-xecution
:
Mes.srs.
ST., 186
York.
CHICAiJO BOARD OF TRADE.
Cohue8poni>ents
Smith. Edwards k Co., Cotton Brolcers,
von Gundell & Mayhoff,
Co.,
COTTON BROKERS,
Fielding
PEARL
New
OP
Hopkins. Lucius Hopkins Smith.
Charles D. Miller.
No. 134
123
PROVISIOIVS
<iRAIlV AIMU
at the
Mohr, Hanemann& Co.,
E.XCHANGE. and
ALFRED VON GUNDELL.
C.
Co.,
8 Sontli William St., New York,
EXECUTE ORDERS FOR tUTURE DELIVERY
Nenr York.
OnsTArns
&
Henry Hentz
the
Orders executed at the Cotton Rxchanges in New
York and Liverpool, and nrtvuncea made on Cotton
and otlier produce con.Hijjned to us, or to our correspondent.s in Liverpool, Mes.srs. B. Newgass & Co.,
and Messrs. L. lloseubeim & Sons.
and
Wm. Mohr. H. W. Hanemann. Clemens Fischkh.
COMMISSION MERCHANTS,
commissioif itierchants,
No. 40 EXCHANGK PLACE.
MBHStKS OF THE COTTON, COFFEE A\D
I'UOUL VE hXVHA A OES.
at slgbt
INVESTMENTS
COUNTRY BANKERS.
Special attention paid to
Slew York.
Lehman, Abraham & Co., Lehman, Durr& Co.,
New Orleans, La.
MontKomery, Ala.
Cotton AND Factors
^^ ^••
/^fc J"S''J!"^'"'
Cfaapel
Nt., Neir Haves
Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
COTTON, ALL ORADKS, SUITABLE TO WANTS
OF SPINNKBS,
offered on terms to suit.
BRO'S,
Sons,
BANKERS,
14 NASSAU STREET, NEW YORK.
BRANCH 0»FIClli8!.i2M
{»no
COTTON MERCHANTS,
Special Attention to ordehs for Contract-'
poit future Delivery of Cotton.
LEHMAN
Henry t', Hatcn.
AriAur M. Hatch
Batch.
W. T. BaUA.
T.
W. T. Hatch &
MERCHANTS,
LOAN'S
21, 1884.
^iscctXancotts.
cc;ott0ti.
Post Building, 16 & 18 Exchange Place
NE:1¥
Junk
Sc
GRATZ,
LOUIS, Mo.
BCumfactorerv' Agents for the sale of Jute Bagging
LJnion Ins, Uo,
fOF LOUDOIf.}
ALFRED
PELL,
Resident Manager,
IMPOBTSMS OF
IRON COTTON TIES.
No. 46 Pine
Street,
@FedFRASER