Full text of Commercial and Financial Chronicle : June 23, 1883, Vol. 36, No. 939 [Copy 1]

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HUNT’S

MERCHANTS’

MAGAZINE,

jiiape*,
REPRESENTING

THE

INDUSTRIAL AND

VOL. 36.

COMMERCIAL INTERESTS

THE

UNITED

Steamships

688

The Steam Pilot Rout
Tnc French in Tuiiquin

689

689

Soring

Bonds

THE

Commercial Epitome

Wheat

Monetary

and

606

Commercial

English News
606
Commercial and Miscellaneous
News
698
GAZETTE.

Quotationsof Stocks and Bonds 702

and

703

Wheat

700

701

Investments, and State, City
and Corporation Finances..
705

and Bank
701

May.

11

Months.

!

May.

TIMES.

714
715

11 Months.

1

5,290,836

10,026,342 1 39,303,103

Flour. ...bbl.s.

88,422,391
5,21* 1,786

Tot. in bush.

5,631,390 139,525,258

7,220,619 112,235,427

12,903,813 172,127,438

Values.

$
*
6,928.301 16 (.953,367

.t.u.

Wh't & hour
Corn &rueul.
Oats

4,201.371
443,195
11,631

24,053,392
1,3-6,339

31,135

275.0-0

Barley
Total value..

708 I Breadstufts
708 I Dry Goods

18S0-81.

1881-82.

11 Months.

MONTHS.

ELEVEN

2,972.39? 101,397,558
591,554
8,472.889

.

Rye

Railroad Earnings
Returns

COMMERCIAL

May.

FOR

Quantities.

for

States

New York Local Securities

Range in Prices at the N. Y.

Exchange

-

1882 and 18 83

THE BANKERS’

Money Market. Foreign Fixchange, U.S. Securities,State

1882-83.

Cotton Acreage, Stand and
Condition, 1883
690
Acreage of Wheat in Principal

STATES.

NO. 939.

EXPORTS OF BREADSTUFFS FOll MAY AND

CHRONICLE.

The Financial Situation
GS5
Tlio Lackawanna and a War of
Rates
687
The Limit of Speed, Size and
Accommodation
of
Ocean

Stock

THE

SATURDAY, JUNE 23, 1883.
CONTENT8

and
Railroad
Stocks

OF

140,s75

427,514

*

$

8,876,850 137,615,054
1,128,362 28,851,015
90,435

10,897
3,: 81

639,438!

853,214
234,635
140,834

11,675,939; 191,414,943 10.110,925 167,730,652

8

7,280,949-

1

8

15,471,776 195,987,279
4.259,442 40,449,869
52,322! 1,825,623
11,.550!
152,856
9,528
539,787
19.804.0:8

244.955,413:

These

figures show, notwithstanding our crop promIses
well, and the visible supply of wheat is double what it
was last
year, and
million bushels larger than in 188lr
that the exports of that article in May were only about
The Commercial and Financial Chronicle is 'published in
New York every /Saturday morning.
5}j million bushels, against 7| last year, and about IS
millions
in 1881.
Probably up to this time, if there is[Entered at the Pos t Oflice, New York, N. Y., as second-class mail matter.]
any difference, June makes even a worse exhibit,, and aB
TERMS OF SUBSCRIPT.ON-PAYA3LE IN ADVANCE:
For One Year (including postage)
a consequence
$IO 20.
of these facts, although our imports haveFor Six Months
do
10.
Annual subscription in London (including postage)
continued much less than in 1882, the general trade
£2 7s.
Six mos.
do
do
do
1 8s.
Subscriptions will be continued until ordered stopped by a written movement for May, when published, can only show a very
order, or at the publication office. The Publishers cannot be responsible
small balance in our favor, if it does not show one against
for Remittances unless made by Drafts or Post-Otlice Money Orders.
Liverpool Oflice.
us, which we think is the more probable.
It requires but
The office of the Chronicle in Liverpool is at No. 5 Brown’s Build¬
ings, where subscriptions and advertisements will be taken at the little wisdom to foresee that
a strain
producing such,
regular rates, and single copies of the paper supplied at Is. each.
Cotton

%\xt Chronicle.

t>

A neat tile cover is furnished at 50 cents:
postage on
cents.
Volumes bound for subscribers at $1 00.

WILLIAM B.

DANA
NA.

JOHN G. FLOYD

|

the same is 18

WILLIAM B. DANA & 00., Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 958.

THE FINANCIAL SITUATION.
The past week
tion of the wild

been in progress

is conspicuous

marking the culmina¬
speculative ventures which have so long
in food products. Chicago has been in
as

tumult, some of the leaders have failed, while others
are
already large losers and sure to lose more unless the
weather will come to their help and produce a crop disaster.
It is the misfortune of the speculator in the necessaiies
of life that, like the undertaker, lie
can smile only when
a

the rest of the world is in

Yet it is

a

mourning.

fact that the break at

Chicago has simplified

results could not last.
It in

affects the force of these

suggestions
Chicago came first in lard, and that thereport of large quantities of that product being adulter*
ated with tallow or other foreign substances helped the
decline.
There always is, on such occasions, some special
influence which makes of one person or thing a kind of
avant coureur;
but the facts controlling the markets
foretold what subsequent events have shown, and comingweeks will further prove how unsubstantial the whole
situation was.
This claim, however, of adulteration is an
important one, and should be speedily investigated and
no manner

that the break at

settled.

Let

the Board of Trade take it up, expose

it

or

give it its quietus, whichever result the evidence produced
shall warrant.

the commercial

Since the publication of the export figures of breadproblem. It was for a long time seen to
inevitable, and until it came, the natural outlets for stuffs and provisions, there is no room for further inquiry
our products were shut
up, and stocks accumulated.
We with regard to the cause for the high rates of exchange
have only to look at the May exports of bread stuffs and which have
prevailed the past month or two. The trade
provisions (made public this week by the Bureau of movement plainly discloses the influences affecting' the
Statistics), and to remember the increasing visible supplies market. Had" it not been that the previous months*
of those articles both here and in
Europe all the time in balances were in part unadjusted, and that “ futures”have
progress, with the excellent crop reports "coming up from bien sold to some extent, gold would have gone out
every part of the world, to see how artificial these corner¬ before now.
During the week exchange has been dull
ing operations have been. As an illustration of the and heavy again. This is in part a response to the break
strain produced we
give the following statement of bread¬ in the speculation at Chicago, resulting as it has in the
stuff shipments made
up from this and previous years’ offering of more commercial sterling; in part to the
be

reports of the Statistical Bureau.




fact

that

there have been

some

purchases durihg the

—<■

—

<

CHRONICLE.

THE

68(5
*»■

'

European account ; and
in part also to an absence of demand.
As soon as there
is suffich nt decline in wheat to encourage more active pur¬
chases for shipment, of course a larger supply of bills can
be anticipated.
It is not unreasonable also to anticipate,
with the improving condition of the money markets in*
Europe, some further revival in the European demand for
our securities.
The little inquiry of this week suggests the
possibi 1 i y and perhaps a probability. The Bank of Eng¬
land return shows a further improvement of 1 \ per cent
in the proportion of reserve to liabilities, but of the
increase in bullion only £75,000 came from foreign conn
tries, the remainder of the amount gained, being £022,001),
having come from domestic sources.
Since May 1G the
Bank’s proportion of reserve to liabilities has increased 8J
week of first-class

securities

on

part

was

should he

parallel to

.

[VOL. XXXVI.

plan to secure that ^road, why
take
pains to form an entirely new line
it, for that is precisely what the Jersey Shore
h

of

s
such

and the other lines to connect the New York Central and

Reading will form. * If the eastern terminus of the Lehigh
Valley be taken at New York, the lines controlled By it
carry it to Geneva and Lyons on the New York Central
the same points where Mr. Vanderbilt’s own coal roads
will connect with the New York Central.
bilt

or

Mr.

Gowen

should

secure

now

If Mr. Vander¬
control of the

Lehigh Valley, would not the investment in Jersey Shore,
&c., look very much like a foolish waste of money.
Why
spend millions of dollars in building an opposition line
to an existing road, when the existing road is to be bought
anyway in the end.
whether

Cn the other hand it
doubtful
even
change in the condition of the Bilik
in the open market ratec, a 4 per the Pennsylvania could gain anything immediately from
a
lease as proposed.
The Lehigh Valley being the
cent Bank rate seems, according to this week’s return, to
have lost its power for drawing gold from foreign coun¬ second largest coal producer in the country, might
be useful as a check upon Mr. Gowen in that par¬
tries, tlie gain in bullion being, as shown above, almost
ticular, should he become too aggressive, and the eastwholly made up from domestic sources.
With the collapse at Chicago, the failures there, and bound traffic of the road would of course be retained by
the rumors of more extensive troubles among the mer¬ the Pennsylvania,' but as to the west-bound traffic the ben- =
The proposition ig
chants and banks of that city, our stock market has efit to accrue is not quite so obvious.
been in a fitful, irregular, heavy state during the most of to carry that traffic over the Pennsylvania’s Philadelphia
We will say nothing as to the feasibility
the week.
Of course the disaster was greatly magnified & Erie division.
for effect on stock prices, there being apparently no of such a project, but it cannot be amiss to call attention to

looks

per cent Under this
and the improvement

.

*

a fact that has been entirely overlooked
thus far in this
ground whatever for the stories which involved the credit
of any of the banks.
Since Wednesday, however, whole matter, and that is that only a year ago (May 1,
the Cuicago troubles have had very little influence, the 1882,) the Lehigh Valley and the New York Like Erie
conclusion being that a break in the speculation there was & Western made a contract with each other by wtiioii the
former agreed to give to the latter at Waverly its entire
really a favorable rather than an unfavorab'e fact. But
It is possible that the contract is
since then there have been other disquieting rumors, traffic bound west.
and prominent among them was the report of serious sufficiently elastic to permit of the Lehigh Valley’s
trouble
the
trunk lines, growing out diverting the traffic from the Erie at some point other
among
of the attitude of Delaware Lackawanna & Western. To than Waverly, but that was certainly not tne spirit of the

meeting of the Presidents was agreement, and, besides, if the business should be given
one of the Pennsylvania’s lines, some 100 miles south of
held Wednesday afternoon.
The compiaint was made by
Waverly, the Lehigh Valley would lose just that amount
the Pennsylvania Road, and as the meeting did not end in
of haul on it.
an adjustment, the result was made use ot as an argument
The following table shows relative prices in London and
that there would be a general break-up and rate war ; so
New York of leading stocks at the opening each day.
on
Wednesday afternoon the Trunk Line stocks were
June 22.
forced down to very low prices, New York Central selling
June 21.
June 20.
June 19.
June IS.
lower than at any time since 1879. On Thursday morning
.v. i. Linul’n Ar.V. Uim/.Cn AM*. Ijinui’n at.y.
LotuVu N. Y. Lond'i
prices.'
price*
prices.* prict*. prices.* prices. prices.' prices.
priced.* prices.
another attack was made on these stocks, but it was oniy
cons

d^r this question a

.

.partially successful. On Friday, the declaration of a 2
per cent quarterly dividend on Lake Shore, a 3 per cent
semi-annual dividend on Michigan Central, and a 2 per
cent dividend on Canada Southern, imparted
a firm
feeling to the market at the opening, but subsequently
repoits of serious damage by the Western floods exerted
an
unfavorable influence, and the early improvement
was more than lost in most cases, the close being at some
though barely steady.
The Lehigh Valley matter has continued to furnish food
for speculation ttiis week.
The report of a lease of the
road by the Pennsylvania has been made the basis for
advancing Pennsylvania, Lehigh Valley and Philadelphia
& Erie, and for depressing the Reading and Central New
Jersey snares. It does not appear that anything definite has
yet been done about such a lease. Except as bearing upon
•his proposed coal combination it is difficult to see why Mr.
Gowen should want the road, and it is well to note that he
recovery,

having sought to acquire it. We do not mean to
say that it might not prove useful to him in other respects
—he might, for instance, turn the Lehigh Valley eastbound traffic over the Central of New Jersey at Bound
Brook,
instead
of
sending it
the Penn
over
denies

sylvania




at

Perth

Amboy—but -

then

if

it i

118-70*

U.S.43.C. 118-70*

U.S.3&.

9 3 n2

37-73

Sb-ie

103%
37%

H 3 02

37-5

'19%
103%
37%

118-70*
103-03

119% 118 70*
"-3% 10303

38-05

38

37-09

90 92

90

9043

con.

1)7-02

90

97 02

s;G

ill. Cent.

132 52

133

132-79

133

132-05

:32 %

1320 r

122)4
59%
27%
105)4

122-01

121%

It 1*39

l:

12017

2940+

58%

2d

S. Y. C..

122-50

Headnu

29 521-

Ont.W’r

2741

St. Paul

10535

58%

2303

27

20-79

20-%

2704

105

104 99

101%

104-50

29 24

2744

*27%

2710

1« 5-10

105%

10499

0%

119% 118-82*
Iu3% 103-28
38 18
37%
90*43
90%
132*05
132%
; 1:0-00
119%
57% 29-00+

tCxch’Kti4-90

4-CO

cubit;-)

4-89%

♦Expressed in their New York equivalent.
t Reading on basis of $50, par value.

4-89%

J E<

119%

103%
37%
90%
133

1*0%
58

*7%
104%

4-89%

dividend.

Money continues easy on call at dhe Stock Exchang3
although the rates may be expected to harden toward,
the close of the month when preparations become nece3-.

and

sary for
does not

porary.

the payment of July dividends and interest, it
seem as if the activity could be more than tem¬
The movement of funds from the interior does

have been materially interrupted this
week by the flurry at Chicago, though the shipments out
of New York are larger than they have been for some
time.
The latest advices represent money easy at that
point, though actively employed at rates above those
ruling at this centre.
The New York Clearing-House
to
returns
collected by us, have received
banks, according
from and shipped to the interior gold and currency as
follows the past week.

not

appear

to

ns

I HE CHRONICLE.

1883.'

JUNE 28.,

687

—

Week Ending

Total trold and

Received

June 22, 1883.

by

Net Interior

Shipped by

AM’. Hanks.

X. V. Ranks.

Movement.

$2,451,000
175,000

*1.408.«X)0

(Jaln.sH.Ol3.000

Sf2.020.000

*1,858.000

letfsil tenders

450.000

T.oss

..

Gain.

275,000
*708.000

through business carried. This announcement we cal!
noteworthy, because rumor has had it for some time that
the Lackawanna and the Grand Trunk had joined hands
and were planning an aggressive fight
against the other
lines.

The above shows

the actual changes in the bank holdings

gold and currency caused by this movement to-and from
the interior. In addition to that movement our City banks

of

$152,075 through the opera'ions of the Sub
Treasury.
Adding that item, therefore, to the above,
we have the following, which should indicate the
total
have lost

gain to the New York Clearing-House banks of gold and
currency for the week covered by the bank statement to
be issued to

day.
Into Ranks.

Banks’ interior Movement, as above
Sub-Tre mury operations, net

*2,023.000

out

of Jianlis

Net Change in
Rank

*2,020.000

Total irold and lc*ral tenders

Holdings.

*1.*.'8,000

Gain.

152.075

Loss.

*7G-\000
152,075

*2.010,075

Gain.

*015,925

England return for the week indicates,

as

already stated, a gain of £097,000 bullion, of which
£75,000 came from foreign countries and the balance from
domestic sources.
The proportion of reserve to liabilities
is inciva-ed 1 £ per cent. Tile Bank of France shows a loss
of 16,000 fiancs gold and a gain of 2,275,000 francs
silver for the week, and the Bank of Germany since the
last report indicates an increase of 8S0,000 marks. The
following exhibits the amount of bullion in the principal
European banks this week and at the corresponding date,
last year.
June 2 L. 18*3.
-

Bank of England*.
Bank of France
Bank of Germany
Total tills week

Total previous week

June 2 2. 1882.

Gold.

Silver.

Gold.

Silver.

£

£

£

£

2 2,002,1> 8 2

21,304.195
40,205,674 -12.042 310 38.528.52o 16.342.851
8,052.125 24.150,875
7.3t>4,5uO 22,093 5( 0
70.410.781 60,198,715 70,197,515 08.430,354
69,703.1 0!)!
>74.050 '•8.934,490 08,4-0.725

The

Assay Office paid through the Sub-Treasury
$101,252 for domestic bullion dur ing the week, and the
Assistant Treasurer received the following from the Cus¬
tom House.
OoiKxislinif of—
Date.

Ditties.
Gold.
-

Junel5.

U. 8.

Gold

Silver Ger-

Notes.

Cert if.

lift cates.

$49.00u $307,000

$520,871 '82

$20.O0o

10...

326,359 26

10,000

“

18...

373,095 42

11,000

18.000

245,000

96,000

“

19...

687.166 5o

n. oo

53.000

393,0.10

230,000

“

20...

540.105 70

T 8,006

88,00 i

“

21...

482,523 47

15,000

60,000

298,0*'0
325,000

135,000
83,000

1,874,00(1

:r6»4.000

Total

+2 930.125 23

$88, <»»•

16.000

$281,00

THE LACKAWANNA AND A

The

think

that the

Lackawanna’s action

is

not occasion for

surprise, and that therefore too much stress is being laid
upon it. The Lackawanna is a new road—or, at least, the
Buffalo end of it is—and it differs

from the

other trunk

216,000

WAR

through business yet remains to be estab¬
remembered, the Lack¬
awanna
and nothing to lose by
remaining out of the pool ; for should it enter, it would
have to abide by the pool
percentages—that is, it would
have to accept a certain fixed proportion of the through,
tiaffic, which'is precisely what it is trying to avoid. No
doubt, did the trunk lines offer a sufficiently large slice of
the business, the road would speedily come into the com¬
bination, but as is always the case with newcomers of this
sort., there is a wide disparity between its own views of its
capacity and those entertained by others.
At any
rate, any estimate of its percentage in the pool would
be based upon the business now being done by it,
and as this part of the road is only of recent construction
lished.

At present, it should be
lias everything to gain

its percentage so

made up would naturally be small ; and
any future concessions of increase on the part of the pooly
experience teaches, would be granted only with the
greatest reluctance, and after having been stubbornly
resisted till further resistance proved useless.
With the
road independent of tne pool, however, there is no bar to
its acquiring all the traffic it possibly can and receiving
the lull benefit therefrom.
It can develop its business in
every conceivable way, and if at any time competition with
the other lines becomes
its

interests,

so

an easy way

active

as to

threaten disaster to

out of the difficulty is open in an

acceptance of the invitation to join the pool, confident in
has in the meantime

the belief that the business which

it

been able to command will

for it

better

position
larger percentage than it could now obtain.
It was to be expected therefore that the Lackawanna,
engaged in building up a through business in this way,
secure

a

and much

“

.

point, however, that is attracting the most atten¬
success attending- the efforts to induce
the Delaware Lackawanna & Western to enter the pool.
This is regarded as likely to cause mischief.
But we
tion, is the want of

lines in that its

Week Ending June 22, 1883.

The Bank of

The

$85.00*'
55.00(

OF RATES.

would refuse to enter the trunk-line combination.

That,

consequently, is lass significant than its attitude with regard
to rates.
The Lackawanna might resort to all sorts of
irregularities in order to secure business, but so long as it
maintained rates the other trunk lines might look on
with comparative indifference.
It has, however, been
frequently charged of late that the road was cutting rates.
The Lickawanna has as frequently denied this, hut at the

meeting of the trunk-line Presidents on Wednes¬ same time there seems no reason to doubt that the com¬
day, the first in three years, though it developed no pany has done what practically amounts to the same thing,
imp ortant results or action, has been the theme of much namely, reduced the classification—that is, put goods
discuss.on and some unfavorable comment. As far as we belonging to one class in a lower class. It does not
have been able to discover no *one present evinced any appear
that the Lickawanna, when its attention,
disposition to provoke hostilities, blit all apparently main was called to the matter, expressed any great
fested a decided reluctance to do anything that might lead amount of penitence.
According to one report it
to indiscriminate warfare, or tend further to
aggravate the promised to scale up its charges so as to equal those of the
difficulties with which the pool has to contend,. Paiticu- other lines, but according to another report it claimed
larly noteworthy, though, was the announcement said to that it had not cut rates anyway, that what it had don e it
have been made by the Grand Trunk people
(confirming had done merely as a'means of self-protection, and after
the opinion expressed by us last
week) that in interchang oth*r lines had first led the way; furthermore, that its
ing traffic with the Delaware Lackawanna & Western action in the future must be governed by much the same
ithey had not, as was generally supposed, participated in course. It i3 generally agreed, however, that there were
any‘‘cuts” that the latter may have made, but had re¬ no lack of “ assurances ” on the part of all that if only no
ceived full schedule rates for their proportion of any one else cut rates
they would not cut them.




688
It will thus

be

seen

that the state of affairs is not

arisen

as

Yet at the moment there
as it might be.
sufficient reason for supposing that a general

seems

no

freight

war is imminent.
for that.
The Lackawanna*

is

without

matter

doubt

other

than that

reason

it” cannot

afford to.

the
of

of li million dollars

on

a very strong

whether

even

the

The Lackawanna

this account.

a

seldom

break of hostilities.
likelv to

the

cause

of

Difficulties of

occur on

*/

war or a
an

direct

out¬

unyielding nature

war

of

1881-2.

Certain it

that the Canard

Companv

seems

to

us

to lose much of

its force

when

is that the"

lines has produced far less
supposed. We ail of us remember how
but a few short, months ago the Nickel Plate was to
rupture all pools. Yet it is in full working order now and
the pool survives.
Then what havoc the opening of the
Burlington-& Quincy line to Denver was to cause. Why
the Union Pacific was sure to lose its most profitable traffic
in consequence, and ' as its dividends were at stake it
would fight to the bitter end to maintain its position.
But
the Union Pacific quietly yielded a portion of its traffic to
the new line, and its dividends have suffered no interrup
ticn since* If, however, the Union Pacific did not invite
warfare, it was claimed that beyond a doubt the lines fur¬
ther east would show more temerity, and with the opening
of the St. Paul to Omaha we would see such a scattering
of pools to the wind as would open the eyes of doubt¬
ing persons in wide astonishment.
But the St. Paul,
while it did not join the Chicago-Omaha pool, had the good
sense to maintain rates and the threatened
break-up never
came.
Then,'what hosts of other lines there are—between
Chicago and Kansas City, betwreen Chicago and Omaha,
opening of

It is well known

But the statement

account of differences and dis-

agreements between old-established roads, as was the case
in the trunk-line

is

resignation this year of the Mclvers from the direction
the Lunard Company and the reasons
given for their

“

believing that no serious conse.
to be apprehended at the moment, is that

quences are
new lines are

one.

importance in the discussion

“

for

reason

interesting

an

“

loss of such dimensions.

friction than

lirnitTin

organized twenty-three or four years ago as a private
enterprise by Mr. E. Canard, Mr. Brown and the MclversIn 1880 it was turned into a stock
company, the Mclvei’3
holding a considerable amount of the stock and an im¬
portant part in the direction. After two years under the
new control the
Mclvers retire, the reason given in the
English papers being that they were “ unable to agree
with the policy of the directors in
building steamers of
“enormous size at proportionally large cost for construct*
ion and management, being strongly of opinion that
these steamers were too large and costly to be worked
at a profit.”
This action and opinion, if correctly stated
are certainly important in
this discussion, as the Mclvers
were active members
of the old firm, and must be
sup¬
posed to have as intimate an acquaintance with the
business and its needs as any one can have.

It

position financially, but we doubt
company like it could or would court a

occupies

recent

the

was

only lately saddled itself with a charge of $1,220,000
per annum on account of the Buffalo extension, and with
no
local business of any consequence as yet on this
division, a war might cut rates down to a figure that
would preclude the possibility of even earning expenses,
thus further increasing very materially the annual charge

are more

reached

not

of

withdrawal.

has

Another

have

A fact of considerable

staying out of the pool, for reasons we have
mentioned, but it could gain nothing while it would
lose much by forcing a general breaking up of existing
arrangements. If left to itself, therefore, it will not, we
may be sure, transcend the limit of safety in this respect,
no

we

and loss the issue raised is

desirous of

if for

whether

[Vol. XXITj,

building fast and large steamships. As a
problem of mechanics, we do not imagine there can be
The roads have too much at as,yet any reason for the inquiry,'but as a matter of profit

satisfactory

stake

CHRONICLE.

THE

many new

was

j

made, as it is, in connection with the- report that
these gentlemen meditate the establishment of a new line
between New York and Liverpool with second-class
steamers, the business to be conducted in accordance with
the ideas they are reported to hold. The old Canard Line
could exist for years on its past reputation with the old
style of ships, for there are many people who will trust
themselves in

no

other vessel.

But he must be

a

brave

indeed, who wTould undertake a new venture, with
nothing at the start to recommend it except the slowness,
inconvenience and freighting capacity of the vessels. We
cannct, therefore, believe that the Mclvers are correctly
reported on this point at least.
Nor do we see anything in the balance sheet of the
Cunard Company for the two years to discourage the
policy adopted by the present direction. The income for
1882 was £1,118,269, against £ 1,002,024 for 1881, and the
net income, less expenses
(including repairs and insurance),
£201,261, against £138,853. The capital still stands at
£1,600,000. The insurance fund is £100,000, against
£50,000 at end of 1881; and the reserve and balance is
increased from £131,332 to £143,061.
The liabilities on
contracts
for new ships have decreased (by actual
between Toledo and St. Louis, etc.—that have been opened payments made)
from £345,000 to £105,000, and
within recent years and are operated to day in perfect the value of fleet and plant
(less depreciation fund,
harmony with the older lines, although in each case stock which increases from £118,867 to £208,865) in¬
creases from £1,6S6,9S9 to £1,883,988.
operators prophesied a war.
So we think the Lackawanna, and later the West.
This strikes thegeneral reader as very fairly good and by
Shore, will cause far less disturbance than is generally no means supports the conclusion that the Trans-Atlantic
supposed. At the same time we cannot deny that our business with its new ships has ceased to be remunerative.
confidence that this may be so is somewhat impaired by To pay 5 per cent on the,£ 1,600,000 capital only calls for
the knowledge that speculation is a factor that cannot be £80,000, whereas the apparent net earnings
(income, less
wholly ignored in such a consideration. But this much expenses, plus repairs and contribution to insurance fund),
is clear, that any honest differences of opinions that
may were £201,264 in 1SS2, against £138,853 in 1881. We
arise can be settled without much difficulty, as they have are aware that only 4 per cent was divided in 1882; but
been settled under similar circumstances at other times in that does not change the showing, the directors having
different parts of the country in tine past.
placed £150,192 to account of depreciation, &c., fund.
Furthermore, even if the results were less favorable, it
THE LIMIT OF SPEED, SIZE AXD ACCOMMO¬ would not
prove that big, fast ships are unprofitable, but
DATION OF OCEAE STEAMSHIPS.
rather that our small crops in
18S1 and smaller
The time required for the ocean
passage between Sandy shipments of produce during the last two years than in
Ilook and Queer stown has been so
constantly diminishing 18S0 had produced the natural result of excessive compe¬
for years, and so
^rapidly of late, that a question has tition. ’




man,

.

jL;nk

THE

33,1883.|

CHRONICLE.

undoubtedly disadvantages under which
the new class of vessels labor, for (l) they can be built
only at increased first cost; (2) larger sums must be
charged off for depreciation and insurance; (3) they can be
run only at greater.cost for wages and power; (4) they
incur greater loss by any slack business or “lying up
times”; and (f>) perhaps we may also add in the light of
the experience of the City of Rome they are in greater
Still, there are

689

The

“Hercules,” and the progressive spirit represented by
her, are thus victorious at last.
*
As before, the pilots opposed the change, claiming that
steam is more costly than sails for this service, less readily
and quickly manageable, and less safe and elTective in
It does not become a layman to deny that
all weathers.
this may possibly all be true, for it does not necessarily
follow that steam is universally best, and an instance in

grounding and collision. But all these things illustration is the retention of sails for much of our
could be urged in some degree against nearly any expen¬ freighting between New York and ports along the coast.
diture of money for size, speed or attractiveness.
While But if steam is not the best, tho parties who try steam
will soon find it out, and it is unnecessary to resist the
on the side of the large and fast ship it can be said (1)
Hercules ” and her tribe ; the facts will suppress them,
that it will go full of passengers or at least filler than its
less attractive neighbor; (2) that it can charge them higher unless the facts prove to be the other way and the sails
May it not be that the objecting pilots
rates, the crowded boat or iiotel always being more inde¬ are suppressed.
have too much capital invested in sailing craft, not suited
pendent and less likely to shade prices; (3) its larger
capacity increases its accommodations; (4) its shorter time to any other work, and that they are not satisfied to
lessens the cost of food for its passengers.
Of course chance the survival of the fittest ? Whether they are
there must be the proper relation between increased cost or are not, their opposition is useless.
It has taken more time to break down this obstructive
and increased business, but these conditions seem to give
risk of

“

a

resistance than

fair assurance of it.
Too much stress seems

to

be laid upon the additional

expense the larger boat incurs in running.
It' requires no
officers and but very few more men to man the ship

more

of

7,000 tons than it docs its neighbor of 5,000. In the
of coal consumed of course the difference is greater.

matter

Probably the Alaska will burn 200 tons or more on a
trip to 100 tons for the eight or nine day vessel’; but it
requires very few additional passengers to pay that extra
cost, and yet after interest and depreciation it is the chief
item. We cannot for these reasons believe that the
limit of size, speed and accommodation has been passed.
It is not likely that we shall quickly see anything
superior to the best of the vessels now afloat, but we
should be loath to believe that they were the last of
their kind, or that ambition in that direction had found its

was

formerly a
Europe

at peace

that France
4

A

case

which

we

discussed

about three years ago,

we

last mentioned the

THE FRENCH IN TON QUIN.

was

THE STEAM PILOT BOAT

looked for when

subject, but its failure was inevitable. Every step in
progress disturbs somebody and compels changes in
occupations, making some property useless and interfering
with somebody’s way of getting a living.
It always was
and always must be so, and the persons so disturbed will
always resist and protest that the old way is best, but
obstructiveness has to yield.
Certainly there is no place
where obstructiveness has les3 justification than at this
port of New York, already heavily obstructed by defective
piers, heavy dock charges, and slow and costly methods of
handling. Whatever can expedite the coming and going
of foreign vessels is so much relief to commerce.

It

limit.

we

common

was

saying that when France

at rest.

was a common source

The saying implied

of trouble to the Euro-

truth in the statement. Within
however, the words have lost their
meaning. France is no longer a source of common
danger, or even of common trouble, to the rest of Europe.
It does not-appear, however, that in her altered circum¬
stances she is more disposed to lead a life of tranquillity.
The spirit of restlessness still controls her ; and if she no
longer is ambitious, to disturb her European neighbors,
she seems resolved to keep her hand in exercise by petty
warfare in remote parts of the earth.
Not satisfied with
the conquest and annexation of Tunis, she has now
invaded Madagascar, and is making extensive prepara,
pean

nations.

There

was

the last twelve years,

fresh, is revived by action just taken upon it.•
A law in this State, now thirty years old, gives the Board
of Local Mot Commissioners supervision of pilotage
here, and authorizes them to revoke or annul the license
of any pilot “who shall not be attached to a boat approved
by said Board.” A pilot attached to boat No. 10 asked
and obtained permission to replace his boat with another
which was to bear the same number; being a bold man,
he procured a steam boat, but the Commissioners passed a
resolution prohibiting the use of steam; the pilot disre.
garded this, and continued to use his boat; the Commis¬ tions for the invasion of Cochin China. It was said not
sioners notified him to appear for trial on a charge of long since by a prominent French statesman and publicist,
contumacy, whereupon he appealed to the courts for a that, to keep hold of her population and to maintain her
rank among the nations, what France wanted most of all
wrrit to prevent them from taking any action.
This was the “Hercules” case of three years ago. was colonial extension ; nay, that “colonial extension was
Congress, which has jurisdiction over this subject, has for France a question of life and death and if we are to
thus far left it to the States, but it is irrational to suppose judge from present appearances, the necessity for colonial
that the authority granted the Commissioners by the State extension has become a conviction with the French Gov¬
law goes further than to pass upon the seaworthiness and ernment and people.
The difficulty which now threatens to involve France in
general suitability of vessels employed, and that it covers
the power to rule out one chiss of vessels.
Still, the a war in the Far East is not altogether new. France has
result of the struggle was, at the time, that the owners of had relations with that section of the world for the best part
the “Hercules” were unable to hold their position; the vessel of the last hundred years.
In 1787, the King [of Anam
was crowded out, and the matter passed out of
into
a
entered
treaty with Louis XIY., promising, in
sight. But
the Chamber of Commerce, which elects three 'out of the return for certain assistance, to cede to the French the
five Commissioners, lately adopted resolutions calling for town of Touran (Kerangham), with its territories and two
the abolition of the old rule against steam, and the Com¬ adjacent islands.
The French assistance was rendered.
The
missioners have now unanimously voted to abolish it.
King of Anam was restored to his throne ; Tonquin
while it

was




C90

THE

and Cambodia

were

cession

of

CHRONICLE.

added to his dominions ; but there

[Vol. xxxvi.

his character, failure would to him have been worse
than
death.
He made an attack on the citadel of
Hanoi, and ho

territory to France.
The claim,
however, remained. It was not until 186 L that France perished in the attempt. France is naturally enough sore
took any vigorous steps to assert her rights or to make because of the death of her commander and the defeat
of
her authority felt in that part of the world.
her
For many
troops. It is natural enough that she should be eager to
herself. But the doing so involves serious
retrieve
years the French and Spanish missionaries had been most
questions
cruelly treated by the King of Anam. In 1 S I7, the then Cnina, let it be remembered, sustains to Anam the
King issued an edict that all the missionaries should be relation of the Sovereign State ; and China, as we now
drowned ; and in 1851 it was decreed that if any persons know, is resolutely opposed to French invasion of
Tonquin.
should lie found concealing missionaries, such should It might not be difficult' for France to chastise the Ton
be cut in two and thrown into the river.
The persecutions q-uinese, or, rather, the Anamese ; but it would not be
continuing, the Emperor Napoleon sent out an expedition easy for France to fight down the immense- power of
which invaded the territory of Anam ; and in 1851 Cnina.
A war with China would make France
very
Saigon, Bienhoa and Mythe, with some of the adjacent helpless in Europe, and there is no saying to what strange
islands, were taken possession of. In 1SG7 there was complications it might lead. It would be particularly
further trouble ; and after the suppression of some hostile pleasing to Bismarck ; it could be no cause of sorrow to
natives, a new treaty was entered into leading to the, Italy; and Austria, the only other member of the triple
annexation by Franco of three ether provinces, Vinhlong
alliance, might find a convenient opportunity to extend
Chandore and Haytien. .-The united territory, now under her territory in the East of Europe.
Besides, French
French rule, and covering 21,600 sq.u&re miles, was ca’led interests in Tonquin are comparatively insignificant. The
French Cuchin China.
This territory lies at the southern opening up of the Red River would be an infinitely greater
benefit to England than to France.
extremity of the Indo-Chinese peninsula.
The English Colony
A glance at the map will show that such a position as that of Ilong-Kong would reap all the advantage.
which France had secured in these Eastern waters naturally
brought her into close contact with Anam and the affairs COTTON ACREAGE, STAND AND CONDITION
of that empire.
18S3.
Tonquin, which formerly had a king of
its own, and among whose people there are living claimants
The last two seasons form a very sharp contrast in the
to the throne, has long formed a part of the Anamese matter of cotton
production. With little, if any, variation
Empire, and is subject to the Government at Hue. In in the aggregate acreage, the difference in out-turn will
IS72, the Tonquinese rose in rebellion against the hated probably reach nearly 1J million bales. The truth is
yoke of Anam ; and in 1S73 the French interfered that 1831-82 wa3 the most disastrous year ever exper¬
ostensibly in the interests of order, but really for the ienced, for all kinds of scourges have in times pist
purpose of conquest.
As the Emperor of Anam, or overtaken the cotton plant, but there wa3 never a sea¬
Cochin-China, and his territory, are under the sovereign son when the blight seemed to be so universal. On the
protection of China, it was necessary for the French to other hand, 1882-83 was good everywhere, and from begin¬
‘obtain the approval of the Chinese Government in their
ning to end, the only exception being a colder May than
intervention in the affairs of Tonquin. This they readily was desirable for best
development; but the slow growth
enough obtained, as the avowed object was not conquest and little rain gave opportunity for thorough cultivation
but the restoration of law and order, and because and left the
plant in perfect condition for the forcing
the,.treaty of 1S62 gave France a right to trade with weather which began with the last of May.
the Tonquinese and on Tonquinese territory.
We are aware that the 1882 June report of the
In his
Agri¬
movement, against
the rebels in Tonquin, Lieutenant cultural Department indicated a worse prospect than at
Gamier,
who was at the head of the French the same date of any previous crop, the average being 89,
troops, and who represented French interests, was thus against 93 in 18S1. That, however, by no means reflected
compelled to act in the name of the King of Anam. the actual state of the plant, except probably as to forward¬
But the Anamese Governor-General did not see matters in ness and size.
Oh the point of maturity, the crop was
the same light as Lieutenant Gamier, and the scheme of the at that date
fairly classed a late one; but in cultivation,
Frenchman was stoutly resisted.
and
condition
not
But Gamier was
to
prospects of fruitfulness, our acreage report
be easily driven from his purpose, and so he boldly of June 24
very fully and clearly reflected the true situa¬
assumed the offensive, capturing the citadel of Hanoi, tion.
All this is of interest now solely as a guide to a cor¬
upsetting the authority of the King of Anam, and con. rect judgment during the present season, for the public habit
tinuing to push his conquests in the interior. Within a is to make its comparison mainly with the previous year.
month, however, after the capture of Hanoi, Gamier was
As a preliminary then, we give a summary of the
killed, and the French were compelled to content them¬ weather record during previous summers, the record for
selves with a treaty, which bound the Anamese to the
spring months being inserted later on. Tnis state¬
conform their foreign policy to the requirements of their
ment, though useful, does not do away with the necessity
French neighbors.
The conquests were given up; a for the detailed figures published from month to month,
consul was established at Hanoi, a political agent resided since a State’s
average, especially of rainfall (in the season
at Hue; and it was believed that time would gradually of local summer
showers), must be made up J'rom the
reconcile the Anamese Government to French demands record of different stations where the rains
may be very
in Tonquin, and particularly on the Red River.
unevenly distributed.
Thus, during the prolonged
In this last expectation the French were doomed to
drought of 1881, there were at times very heavy showers
disappointment. Their claims to trade on the Tonquin or at some point?, more frequently on the coast, while
Red River have been steadily resisted.
It was to pre¬ perhaps a total absence of rain and excessively hot
cipitate a settlement of this question that Captain Riviere weather were the prevailing characteristics over all the
was sent out in
1881.
Riviere had exhausted all his rest of the State.
In such cases the following averages of
powers of persuasion, and had failed.
He was bound in rainfall are evidently misleading ; for last summer, how¬
some
way to make a name for himself, for he had ever, the figures given more nearly represent the true con¬
solicited the mission; and, from what we now know of dition, as the showers were more
general and less local.
was

no




June

July.

S' ptember.

August.
I

1880.

1SS1. 18-’0. 1882. 1881. 1880. 1882. 1881

18S2. 1881. 1880. 1882.

small

VIRGINIA.

00 0

Average....

Jiuin Gunge.
Rainfall....

58v

(52-0

70-0

77-9

020
79'8

4-99
17

j
C-47. 7-81
15

940

98-7

3-74
14

534

95-0 j 978

90-7
58 7

rain.;

lu

II ghest....
Lowest
Average....

r>sT,j OFT*
'<0"0; 77'4

It a in Gauge

02-9
8U’2

1
7-80

j 3 42

Rainfall....

*

14

8

Lays ram..

•

9 fj-jj 100-0
(32-0
‘
80-0

2-18

Rainfall

1

J ays ram..

^

1

GEORGIA.
'Thermometer.
Lowest
Average....

Jiuin Gunge.
Kiiin'ull

FLORIDA.
'Thermometer.
Highest....

92-2
60-5
80-0

Jam est.... •
Average....

Jiuin Gunge.
Rainfall
Days lain..
AIiAH IMA.
Thermometer
llighe t....
Lowest

j 8U'2

90-0
070
82-8

.

...

Rainfall
Days rain..
LOUISIAN a .
Thermometer.
Highest....
—

Lowest

Avenue—j

i.l

.

4-53
18

1-74
7

9-90

95-8
0;V5

90-2

98-2

Oil
020

89-4

5-08
11

0 48
15

8-48
12

5-48
10

92 5
57 *S
730

925

10

010

8-07
12

Toil

Rainfall....
Lays rain..
MISSISs » PI.

Thermometer.]
Highest...

i

Average.....
Itiin Gunge.
Rainfall

2-18
0

!

02 4
02 i
77 "0

(3

Average....
Jiuin Gunge.

95 5

97 5

’-93-0

710
83-4

59-u

09-0

030

8-1-2

8.1-u

| »1*4

4-99
7

5*77

7-38

7-25

3-07

4T*»

5-49

14

13

14

11

0

10

92-5 101-2
03-8 05*3
78-7 83 J

90-3
O.S'2

92-1

94-5

000

97-0
070

819

797

1

|
535

J3

(

2-37

399

14

0

12

14

97-2
0?"0
8U-9

93-2
7 1*5
8F2

90-5
09-5
83-4

5-83
11

804

9-73

19

10

93-0 103-0
03*2 07-4
78-7 **0

2‘23

9

7(31
19

94-3

80'8

91-2
(>()• i
57-7
79 3, 75"5

5'20

5-15

401

304

lu

11

0

(5

95*5

94-0

04-5

04-7

70-5

095

82-0

8F5

09-5
81"7

70-0
80-8

7-52
11

0-89
18

90-7 .01*9
09-3 09-1

3-3(3

(3-15 14-20
11
17

97-0
700
80-2

95-0
Os-3
8F3

6-48 10-29

03-0
070
784

94-0
< 8*5
bo*y

0-F8

o-oo

10

14

901
58-3
7-Fl

4-S7

3*50

North Caro! in a

010

9(3-8
57 0,
77-8

4-2

0-39'

19

8

12

(3

8

93-0
04-5
78-7

91-2
50 5

90-5

75*0

780,
5"18
9

79-7

3-68
7 ,

lOl
8

4-58
18

0*11
17

5-07 1109
10
17

6-72
18

2-35
7

2-90
12

1-33

90-0! 08-2

923

93-7

98-5

93-0

89-g

02-2

(32-0

77*3

7F2
82-0

0*0

771

9F2
05-0
70-4

OS-2

oo-o
80-

94-7
<ii5-3
79-0

790

5:1-3
72'5

7-39
10

387
5

012
9

2-82
5

4-201

or.-5 101*0
50 5 00"5

91-5

88-5

o.s-0;

570
70'5

47-0
09-5

38-0‘
74-1!

07-0
833

7-93
15

1-32
5

5-34

89-0
02 5! 59-5
74-2

93-0
500
700

99-0
58-5

95-0
00-5
770

410

3u9

10

10

1-45
4

3-80
»

94-0!

82-u

10

2-05
:o

995
57 2
79 0

Gunge.
202

96-9
5.8-2

78-21
12

74-1

825

4‘30

0-71

370

10

12

4

9

i

2*81
5

Ofi *5'
54 2
770

|

0

1-19
3

990

893

799

701

1,548

1,0 01

1,23(3

2,315

1,124
2,095

2,981

2,-09

2,017

2(38

205

210

232

Alabama

2,070

2,7(32

2,192

Mississippi

2,34 G

2,391

2,050
2,324

2,330

2,093

2 0u4

001

922

904

SC5

798

760

Texas

2,820

2,504

2,390

1,922

3,G80

Arkansas

Florida

.

91-3 1010
51 "2 05 3
70-4 82-7

94 5
00-2
770

89-2 104-3
00-7 ()7"3
773 813

935
01-2
757

880
47-1
71*1

98'5;
510
7(5(3

4*88

5*41

054

5'41

9

14

4

9

5-44
14

1-19
8

300
11

1-72
»

543
7

93 7 100-5 lr2 2
055 0.0 09-3
80 5 80*2 85-0

2*47
9

1,117

1,17(3

1,17(3

947

902-

S'!)

924

8.-9

723

(371

(J39

All others

3 08

105

100

94

80

80

Total acreage—

10,59oj

1(3,851

16,123

14,442

13,202

12,231

production....

7.100;

5,43(3

0,589

5,757

5,073

4,811

Decrease.

We also

statement of production by State?.
great difficulty thus to determine the yield
in each section, and we do not claim accuracy for these fig¬
ures.
Still, we use all the care we can and all the data
It is

a

reproduce

our

matter of

making the compilation, and believe that the
given are a very close approximation to the actual

have in

we

results
facts.

NAMKI>—(OOOs Omitted).

00-1
010
8.-4

90-7
540
72 9

98-0
547
79 0,

4-21
10

2-14

3-52
8

5-08
9

4*80:
8 1

already said, and for the reason stated, the lack of
rain in 1881 is not indicated by the foregoing averages.
But an important and the leading characteristic to be noted is^
the almost universally higher temperature during that
season of drought and failure than prevailed during the sum.
mersof 1880 and 1882. In fact, it appears from the above,
that these two last-named seasons of abundant crops (when
As

i

b

O

CO'

pounds per acre produced were just about the same)
very nearly in accord on the point of average temper¬
ature; whereas "for 1 S31, the record shows clearly that it
was not the want of rain alone, but also the burning heat
of the sun, that destroyed the life of the plant.
This con¬
dition, so similar during two favorable years and so unlike
the unfavorable one, seems to furnish some indication of
the temperature that is best suited for perfect development.

1830-1. 1S79-0. 78- 9. 1S7-8

t

*o

-

1

-

-

-

00

IS

r-<

r—*

1874-5. 1S73-4. 1872-3.
|

1

273

265

350

565

350

320

559

520

GOO

595

200

No. Car—

4 35

4(30

390

340

370

310

290

Car

4(39

575

523

470

390

385

Georgia

...

79-

937

814

750

oso

too

43

(0

55

00

50

55

50

55

60

45

Alabama..

581

730

700

595

600

555

615

too

575

550

Mississippi

895 1,015

956

805

775

700

78 (»

565

030

too

529

507

•400

420

385

415

34b

420

410

1,173

801

781

610

690

680

505

So.

Florida

Louisiana.

.485

Texas

85*

55(ij

495

Arkansas..

525

67;

607

520

590

490

565

390

410

1S5

Tennessee

30(

380

331

290

260

235

265

2(0

280

200

70

60

60

50

70

20

30

20

All others.

Total..

..

50

5f

5,436 0,f 8

5.757 5,0714,811 4,185 4.60! 3,83- 4,170 3,930

The
we

production of 1882-3 we shall make up as soon a3
can, after the publication of the September crop report.

the

are

i

(V

r—(

tH

90-3 101-0
02-4 71 3
77" 7 85 2

0

ci
CO

OD

979
(50-2
82-2

4 99
12

2<°

2,059
1,905

Tennessee

*S'ta tcs.

I

579
12

’

2,174
1,013

FRODUCTION OF EACH STATE FOR YEARS

950
57‘5
77-1

4 97
10

1.00(3
1,050

2G5

*

1

2 00

2.835

1877-78

1370-80( 1878-79

9 p.e
8 p.e
5 p.e
Increase in acreage.. *1 -55p.c 14-51 p.e 11-7 p.e
1*
30*0
14*
1
3*4
17*5
5*4
7*3
Incrtso in production
p.e
pe
p.e
p. e.
p. c.
p. e.

55 "0

■

.

'

0

Georgia

Total

990
71 -2
b-1'3

8(3-3

1,011
i,cot;

14

910
Ort-7

South Carolina.

Louisiana

94-0
07-5
808

71;U

1

i

99-9

90-1
57-0
78

NAMED—(000s Oll)itt(U).

L8S2-83 1S81-S2 1SSO-81

t^t' i lea.

90-0
00-9
8(3-1

94 5
47-5
70-0

enough.

this

793

91-5
00-0
79-0

05-8
18-4

Take, for instance, the Texas produc¬
Our table was criticised widely on
year.
that very point last June, and yet this season we have ha*d
a
yield in that State of nearly, if not quite, 35 per cent
more than the yield of the
very good year of 1880-81.
We gave the increased acreage 10 per cent in June, ISS2,
and 7 per cent in 1881, or 17 per cent in all, and with that
17 per cent increased land, the State lias produced 35 per
cent more cotton.
Of course all the figures for 1879-80
in the following table are frem the Census report; those
for other years are our own compilation.
tion

(53-8

12

Thermometer.

Days rain..
TEXAS.
1 hermometer.
llighe t....

80*7

08-?
82-4

Days rain..
TENNESSEE.

Highest....

0.S-0

90-4
02-1
80-7

Raima.1....

Lowest
Average...
Jiii'ii Gauge.
Rainfall....

'

970

5-13

10

Days r.;i.n..

Lowest

1

1

!
103-0
oi-o 07-0
bi :j 83-5

910

7

340

...

ARKANSAS.
Thermometer
llighe t

!

234

2-91

|

Jiuin Gunge.

Rainf ill...
Days ram..

on-o
04-0
n-3

.

4-85

91-3
03-0

02'4
80-0

Average—
Rain Gauge.

Average....

020
70-8

70-9

92*0
OFO

COTTON ACREAGE FOR THE YEARS

4-20
11

—

Days rain..

5

90-2
1 03"2

or»-2
r>o-7
78 0

llighOjL

Jiuin

(31-0

90-0
54v

I

4-02
7

1

97*1
tKJ-Oi
708

Lowest
A \ erago....
lto in (imnje.

Lowest

P5*0

1

S.CA ROL'NA.
'Thermometer.
lligae.'t—

Lowest

80-2

90-0

1

Thermometer.

-

(320

“I

N.CAU"LI*A

-

02-0
(>4*()
772

05-0 102*0 102-0

00-01010
58-0
74-0

Lowest

Days

fully that although they are up to this dato
larger than any other compilation, they are at -least
prove

~

Average.

Thermometer.
liK'iiest....

691

THE CHRONICLE

23, 1883. |

COTTON

ACREAGE

AND

STAND

IN

1883.

This

spring the tendency throughout the South has been
of land given to this staph.
In
connection with that fact, our remarks last year respecting
the average annual progress making in land under cereal
and cotton cultivation, as indicated by the Census returns
of 1870 and 1880, should be kept in mind.
It will be
remembered that we then showed from the reports for the
two dates mentioned that there had been during the ten
FORMER ACREAGE AND FRODUCTION.
On still another point, the observer will need facts before years, in all the Southern States, an average yearly
him as the season progresses ; we refer to the statements increase in cotton acreage of G 47 per cent, and in cereal
of acreage and production for previous years.
As to acre- acreage of 4 34 per cent. Last year it was supposed that
age, we prefer to use our own results, believing them to be cereals more than absorbed all the extra attention and new
more nearly correct than any other compilation.
In saying land, except in Texas. This was a fo'rced result of the
that, wo do not intend to reflect upon the methods or previous year’s shortage both in cotton and foo l products,
figures of any other authority. AH we affirm is, that we which crippled the purchasing power of the South, while
work out our statements from the best data we can throwing the people of that section almost wholly up oa till

obtain, and the' production of States




to increase the amount

seems to us to Northwest for the necessaries of life.

IJn ier such circu

a-

692

THE

stances there

CHRONICLE.

'

[V^U XXXVI.

for raisin# something to an investment, and they have therefere added to their
pur¬
eat, and no money nor encouragement for excessive cotton chases. In home-made manures there is a constant growth.
Florida.—The planting commenced in this State
planting. The present season opens with the Southern
about the
first of March, but was not finished in all sections
States in a very different condition, for
until about
crops of every kind the 15th of
April. Seed planted came up well, but the cold
prospered last summer; but the price of their favorite weather made the
growth very slow. Stands, however, are
staple is so very low now that there has been no special now excellent and the fields the middle of June are
clean with
inducement for increased planting, and yet the natural the plants looking healthy and
promising. Acreage.—There
inclination to expand cultivation in that direction has lias been a small increase in the planting of both
Sea
Islands and Uplands.
The average for the State is
been freely indulged in.
probably
about 2 per cent more than last year. Fertilizers—
In home
But before giving general conclusions in
respect to made manures there is a
very decided increase reported, but a
either acreage or condition, we submit our usual details
of
commercial
falling off in the use
fertilizers.
with regard to each State.
Alabama.—The planters in this State, like those in
the
North

was

every reason

Carolina.—The

spring was cold and backward.
Planting began about ten days later this year than last,
scarcely anywhere before the 25th of April, and was not com¬
pleted in the latent districts until about the first of June. All
that was planted early came up soon and very well, but much
of the later-planted was kept back by the lack of rain
during
May. Beginning with the early part of June the weather
changed wholly,' becoming warm and showery, so that the
plant since then lias everywhere grown rapidly. From about
the middle of the month there have been complaints in a few
districts of too much rain.

The S and in

some

sections is

reported excellent—never better. But in general the plant
is small, and until after the warm weather and rains in June
looked very backward,
i ince the rain, the development has
been rapid, and if the weather during the remainder of the
month gives opportunity for cultivation, so that the fields can
be kept clean, the result will lie good standsand
good condition
almost everywhere.
Ac/cage—there seems to be a decrease
in acreage noted by some of our
correspondents ; but in gen¬
eral we think the 5 per cent loss of last year has been made
good
again. Still, as in some sections the cold dry May lias killed
out portions of the crop, we put the increase at 3
per cent.
Fertilizers are reported as showing further decrease in com¬
mercial sorts, but a large increase in home-made manures.
South Carolina.—Planting usually begins in this State
by
the first of April, but this year the start was nearer the 15th
and work was not completed until about the 20th of
May. The
month of -Jay was too dry for quick
development, and the
seeds were therefore late in coming up but the rains and hot
;
weather of June have rectified this and given the
plant a very
rapid growth.
Since tlie first of June tlie rains have been so
abundant in

some

districts

to

States

previously reviewed, were most of them delayed some¬
getting in their seed. The first plantings were at
about the same date as in 1882—say the last of
March, but a year
ago by the middle of April the work was very nearly finished
up, while this year it was the first of May when the same
point
was reached.
The seed came
up fairly well, and the start
would have been a very good one had not the
temperature
been so low that the
development was delayed, though since
the latter part of May the weather has been warmer
and the
growth more rapid and satisfactory. Up to the 10th of June
the fields were in fine condition, clean and well
cultivated, but
what in

since then there have been in

much rain.

some

The Stand secured

sections complaints of too

very good, except on some
lands, where it is reported to be uneven ; but the
plants are now vigorous, healthy and well rooted, giving excel
lent promise, if the fields are kept clean and the rains’are not
too abundant.
Acreage.—Reports as to acreage show a quite
general increase, and we estimate the average for the State at
fully 5 per cent. Fertilizers.—There lias been * a marked
increase in the takings of commercial fertilizers, and a decided
growth this year in the use of home-made manures.
was

of the poorer

Mississippi.—Cotton

planting begins in the earlier sections
Mississippi about the first of March; and the later sections
are not all seeded
down until the latter part of
May. There
of

very material
two last years.
The

difference in this particular between the
seed also germinated well this year, but
April and also May were at times so cold that the growth was
slow until the latter part of May.
Since that date the weather
has been more seasonable and the
development far more rapid.
was no

On the l()th of June the fields

were generally
in splendid con¬
early in June is reported to be almost
everywhere exceptionally good—better than usual—with the
plant in most districts strong, regular and healthy.
Still, the
crop is a late qne as it stands to-day.
Recently there have
been complaints in many sections of too much rain.
Acreage.
There is in the average some increase in the
planting this year,
sav about 4 per cent.
Among negro farmers this increase in
acreage is especially noticeable, a fact which is also true in
some other States, as for instance
Georgia, where the land
rented to that class shows marked expansion in the area
put
down to cotton.
Fertilizers— Our reports show considerable
progress in the use of commercial fertilizers and home-made

dition.

The Stand

prevent cultivating, and have
chance to grow. Hence dry weather would
now be very
acceptable for a time. The Stand, however, is at
present good to fair, and with an opportunity from this on
for cultivation, so that the fields can be
kept clean and the
weeds down, the prospect is excellent for a full
yield. The
plant, however, is still backward, and hence more depends
than at this date last year upon tlie weather of the next few
■weeks.
Acreage—A disposition is manifest this year in a
moderate way to add in some degree to the land under
cotton,
and we estimate the acreage planted to be about the same as
in 1881—that is, a recovery of the decrease
reported in 1882, manures.
which was 3 per cent.
Fertilizers—There lias been a fair
Louisiana.—Planting in this State very nearly resembles
increase in the use of fertilizers, both commercial and home¬
Mississippi as to date, and the early growth and progress since
made.
then has been very similar.
The latter part of May the con¬
Georgia.—This State,
like North and South Carolina, dition was reported very good, but subsequently an excess of
reports a late planting this year. It began a few days later rain lias visited many sections and dry weather is now very
than in 1882—say about the 10th of April,
against say the 1st desirable. The'Stand, at the date named, was reported good
to the 5th last season; but the April weather was so cold and to
very good, and the plants vigorous and the fields clean.
stormy this year that the seed was not all in until the 20th of With favorable weather hereafter the premise for a full yield
May. During the latter month rains were insufficient, making is excellent. Acreage—The inclination to enlarge planting is
the start slow ; but the weather changed the first week in
June, manifest in many sections of this State. One considerable
and the growth from that time on has been
very rapid. Just now, item is land that was thrown out by the overflow last year,
however, the complaint over a considerable section is too much which has been planted now. We estimate the increase for
rain, interfering for the moment with thorough cultivation. the State at 4 per cent. Fertilizers are very little used.
Stands are however reported good to fairly good, with the
Tennessee.—The time of planting in this State did not differ
plant in a large majority of cases vigorous, healthy, and in a very materially from 1882, but over a large section there was
promising condition for development, if the weather does not but little rain from April 21st to May 21st. This, and the low
continue too wet for the work of
keeping the grass down. temperature, delayed germination in many cases, or where
Acreage—Notwithstanding a falling off in planting in some the seed was up delayed growth. Since the latter date there
counties, wTe find a disposition prevailing over a very consider¬ have been abundant rains, and development
has been rapid.
able section to add to the acreage in some small
degree, and The Stand was on the 10th of June good to very good, and
we estimate the increase the same as the loss
reported for last the plant, though backward, growing rapidly, with the fields
year, which was 5 per cent.
Fertilizers—Progress has also in pretty fair condition, though the later rains have over a
been made in the use of fertilizers.
The farmers were much considerable section been
excessive, and now grass is becoming
better able this spring than they were a year ago to make sucli troublesome.
The Acreage—Reports as to the extent of plant-

given the




grass a

as

June

ing

productive counties, though

show an increase in the more

falling off in some' other sections. We estimate the
increased acreage for the State at 2 per cent.
Arkansas'.—The planting in this State did not begin until
after the first of April, and was finished about the middle of
Mav. The seed came up well, and, as a general thing, has made
good progress. Since the first of June, however, there has
been more rain than needed, and the grass has become trouble¬
some in many districts.
Still, at latest mail dates the con¬
dition was satisfactory. The titand was almost everywhere
good to very good, the plant strong and healthy, and ilie
fields clean until the late rains. Acreage—The same inclina¬
tion to enlarge cotton planting observable elsewhere is
evident in this State. All sections do not unite in it, but we
average the increase at 0 per cent.
Texas.—The planting in Texas was not as to date mate¬
rially different from last year. The seed came np well. In
April, however, there were in many sections complaints of
too much rain and in May of too little ; but the plant seems to

progressed all the time fairly well, and since the showers
early in June the promise is pronounced to be excellent almost
everywhere. The Stand and condition are, therefore, reported
to be good to very good, with the plants healthy and vigorous
and making rapid growth, though the crop is a little later than
last year. The Acreage shows constant and rapid expansion in
Texas, and this must be the case so long as the tendency of
immigration continues so strongly towards that State. The
remarkable crops raised there the last year has also stimulated
planting, although the price of cotton has ruled so low. We
again estimate the new acreage for the State at 10 per cent,
the same as our last year’s increase. Fertilizers—There are
have

used in the State.

1883.

foregoing details are sufficiently explicit for the
reader to understand the course of the season in the
various sections, and the effects of the weather upon the

growth and development of cotton this spring. We have,
however, prepared our usual statement of rainfall and
thermometer,, as a confirmation of the results reached
These tables

above.

made up from reports made to'

are

by the Signal Service Bureau wherever they have
stations in the South, but elsewhere they are data
from our own correspondents.
It will be noticed that,
the course of. tire season, as indicated above, is confirmed
here.
April was wet, and in many sections colder than
last*year. In May, also, the thermometer was low ,but with
little rain over considerable districts.
Still the figures
us

show that these

Spartanburg—
Hgho.'t

features

not

were

so

extreme

as

to

good development in the greater portion of
the South, and account for the good to fair stands which
were nearly everywhere
reported on the first of June.
interfere with

The details of the thermometer record

are as

720

1883.. 1882. 1881.11883 1882. 1881. 1883 1882.

18S1.

...

82-0
34-3
50 7

Highest

70 0
3D0

Average...

40-8

..

71-0
2.r0
4 S'

OO'O
130
39V.

70'0
300

73 0; SO-C
29 0: 37V
45-61 55-8

75'0
320

40'8, 51'0

80-0
:h-o

89-0
28-0

89-0
440

55-7

52 5

fttt-3

88450
63-0

92-0
490
07-1

81-0 S0O 84-0 85-5
0
9
Highest 70 0 77'0 3
7i-o; 720 82M) 78-0 81-0
Lowest
3V5 290
him)! 30*0' 30'0 31 0 3)5 42-0 33 0 08 () 470 54-0
50 8 40'0 521 613 590 57-8' 09 0 08 5 7U’0
54-7 04'5
Average

I

70-0 72'0 72 0 74-0| 70*0 700 84-0 85 0 80-0 01-0 90-0 96-0
Lowest
20-0 240 i5-o; 22 0 32-c 27 0 32-1
340; 320! 44T) 48-0 530
7
7
050
Average 41-8. 435 500 47 0 56-5
40-0 45'o 0

Kitty Hawk—
Highest
Lowest

70-0
32*.»
47-0

,

1

Average.

70*0
29 o
48'3

Charlotte—

0701
110
3!) 0,

i:

55-3j 55-0; 78 3

r

70 0 74-0! 81-C
27'01 32 51 30 0! 30-0
41-3! 49 5;
73'0

44-8j r3-3

80-5 820; S8‘5
37 5i 290 47 0
53-4! 500 03 0

870
44M>
01-4

90-0
51 0
03 7

82M)
9
830. 85-01 85-5 87-0
70-5’ 73 0 4
09-0' 74'0 70 0' 70Highest.. Lowest
30 0; 250: 22 0; VO 0, 30'2| 29-0 3 4-0 300 280; 40 5 45-0 51-0
1
Average 47 9 49 4 1
430i 400 530 47
5j 59 7
0 00-8, 55 8,I 68-4 05-3
Portsmouth—
70 0 09-0 04 0 08-01 70 0 07-0 74-0 740 740 SOO 81 0 870
Highest
..

Lowest

Average

....

Murphy—

•30:0
49'0

Highest
Lowest
Average
Wilson—

Highest

Lowest.
Average

Mid.Cape FearHighest
Lowest

27-0
5U-6

79 0

71-0

20'i
48 o

19-0
4o-5

78 0
317)
GV 7

725

1:3-0

Average

22 0
428

33 0
48-2

07 0
130
410

72-0

70-0
200
47 3

43-3
770
28-0

2)0

59-7

25-0

71-0

Lowest
Average
Savannah.—

28'0,
490

30 0

....

....

...

47-3
7S-0
280
4 8'5

Average

79-0
400
Ol'O

Highest
Lowest

Average

Highest
Lowest

Average

.Average




78 0
57-3

710
20-0
523

74-6
MOM

85-0
40-0

53-8

020

30-0
57 0

30M

80-0
40-0

....

57-4

Average

....

...

Highest
Lowest
Average
Cedar Keys.—

Highest
Lowest......

Average
ALAB VMA.

Montgomery.—
Highest

75-0! 78-0

53 0, 57-0i 05-0

700
37-0
510;

88-0
30-0
620

540:

72-0

29M); 30-0

75-(•
330
546

Average

Highest
Lowest
Average
Greene Spr'gs.—
Hi.’host
Lowest
Average

700
34-0
52-7

840
40-01

50-2

390
617

830
400
04-3

79-0
380
017

78-0
31 0
580

79 0
400

88-0
47 0

88-0 85-0
52 0: 56-0

60-4

66-7

800
39 0
00 0

79-0
430
600

70-0
40- 5
02-3

740: 740' 820

81-2

79-8 720
82"0: 30-0
57-41 54-1

78-0

70-0

30 0

950
59-1

59 0

..

840
320
54 2

750

Highest
Lowest

8)0
3)0
02 9

Average
Sh re report.—

77-0

Highest

24-0

Lowest

48-1

.....

350
58‘3

450

78-0

80 5
390:

810
3-3-0
09 3

70-1

470

SOO

82 0*

92-0
500

73 0

80-0
420

800
45-0

910

!

88-0

45-0
70-8

07-0

52 0
72 2

8S-0
5'j’O
70-0

99-0
02 0
755

03 0

37-0
074

89-5
54-0
73-9

89-5
54-0

88-0

740

00-0

j 75 8

85-0
600
78 1

84-0
880
00-2

870
50*0
751

900
540 j
75 2

66-0

700

850

89 <

91-3
440
70-0
700

90-0
47-9
70-4
70*4

900
580
76 2

96-5
47 3
720

91-5
50-4
720

04-0
585
709

800

80-0
490
08-0

90-0

88-3
58-5
74-4

89-6

93-0
49*0
704

92 0
02-0
77 0

88-0
50-0
08 2

oi-o

880

73-0' 00-0| 890 900
570. 080

7e‘3

32 0
65 6

77'0

45*11j 450 39-0

400

04-2; 05 4i 02-4

08 3

79-0
3.1-0
62*5

Ys-o

80-3

30-0
63-4

44-0

81-5
51*0
60 2

77-0, 840: 80-0. 84-0
42-0! 51 •<>: 5o-o; 38 0
05 8
590

5t>*5
71 3

78-0
330
57*3

720

810
85-0

81-0,
350

92-0

50*5

9)0
41 -0
03-9

530

0V0

78 0
37-0
53 0

80 0! so o;
4IMI 33-0;
03-6. 511

71-4|
10 0

7i*3j

93-0 91 0
47 0! 320
68 0 01'4

88-0

....

91-0
765

56-0

73-3

60 0

77 0

830
40-0
00 2

80 0
38 0
04-4

80-0
7d-8

I

70-0
3.0
540

....

Vici.shurg.—
1 Ugliest

831
28 2
540

Lowest
Average
Hr no!dm ren—
High st
Lowest
Avera. o

79-0'
32 0
£3 0

0.) I!'

....!

31 0,

....!

79-0
33 0

....!

O'2-O

0|

720
32"0i 28-0
50-3

80

59-21
77 0
30

Oj

50*0

780
8.J-U
57 1

8'.r0
4:i*i;
07-0

78 0 35 0
300 44-3
01-5! 50 3, 00-2

70-0; 740

Highest-

]

Average
Highest...

.

Lowest
Average....

8S-0

ISO

02 0

00 l

GUO

760

8-4-0
40*0
GOO

80-0
48-0
05-0

85-0
58-0
710

800
380
05-0

ss-o

85-8
42-4
00-3

87-4

91-5
51-0
70-7

87 (
27 <
00 0

87-0

900

410
08 4

49-0

07-1

02-0
59-0
741

80-0 880
320 .30 0
01’2 02-0

85 0
22 0
560

890
40 0
04-5

880
42-0
oo-o

90-0
52-0
71-0

90-0 80 0
36-0 300

83-0

840

240i

58 3

55 9

4 i"0
05 9

91-0
540
72 3

87 0
020
75-2

89-0
640
77-5

91-0 900
02 3 000
70 2, 75-8

03-2
04 2
777

900*

80-0
50-0
09-5

930
<510

91-0
51 0 j 58-0
73 Oi 734

930
<52-0
701

82-0;

3 vO

21M

4‘>M •

520; 55*0

0:2*0

520

030

04-(.

830
380

SO-0

82-i)
lit

85*0

80-0

30-0

4E0,

2
00
.. .
.

4801

55'0, 48"0

(,

24O'

OOM

_

OImj;

70"
8-0
40-7

76" i. j 75 0
16-01 130
56-2 410

70(
22"<
490

810
2)0
58 2

80-0
49-2

77-4
21-6

72-3| 05*0

71-7

81-7

70-0

87-5. 84-1

200
51-7, 41*4 |

25-5

32-:

34'7; 305

40-8

Si"!1

20*0
470

00-2

Ol'O

79'

76-01

82 0

8v0

25 2

Highest

79*0

Lowest

2!Oj 27 0 220! 290 331
44*1 j 52-7 43490 57 ••

Highest
Lowest
Average

80-0

40*6

84-0
320
500

410

,

7 1-1

80*(
44m

08*3, Or!

82-0

73

70 0

09-01 74 0

240

81V
31*0
03 0

3l"0| 3901 41 0
c0-5 63-4 033
72-0

62-')!

....

240
OU'5!

20 0
57-8

77 0; 72 0
25 0 30 0
45-0 55 5

08 l

780
21-0
440

74-0
28-0

080
20V

51 1

41-.

44'4‘

53'0

740,

75-0

30-0; 400

0.8-0
320

55 3

03 1

54-8

78-0
420
02-4

79-0'730 81-0 82 5
46-0! 59-0; 53 0
4 4-0
07-K 01-2: 70-0 720

77-1! 78-7

70-0
320
55 3

77-8

81-1

41-3
040

38'9

07-7

47-01
03 8

79 0
31 0

43-0

80-0
230
49 5

81 0
WO
040

80 0; 875
340, 44 0
583 06-0

80-5
13-5
73-0

82 0:

80 0

820

89 0
350
06 4

880
400

9 i‘5
48 5

024

LO'S

91-0
490
71-g

80-0
3v<>
034

91 -01 93*0i 88 Oj
430 41-0 36 Oj
701
52-0! 69 4

85-0
32 0

800
28-0

000

53-2;

14(
45-0

70 V
25M /
47 2

80-0

6VO

700

90-0
52 0

91-0
•4'! V

f

87-0

71 (

...»

.

91-0
020
76-8

78 0

7! 0
31-1-

.

’”*!
9Vi
31 1

88-0
5 40
70M

TENNESSEE
Nashville —

Highest

....

•

80-0

Mount Ida.—
Lowest
Average

•

79 0

17M;|-27-0i JO-O
48*0 j 4301 8901

Lowest

84 0
-47-0

SE!

ARKANSAS.
Little, line’;.—

32-0 24-0
550: 500'

02 0

700

41-5
0.3-4

—

Lowest
Average

23-0' 3-20

700
20-1!
45'1

018

TEXAS.

Lowest
Average
Indianola.—

Highest
Lowest

21-5; 43-5

Average

540

05 3

! 77-5
43-5
■
; 4S-4

780
350

!

!

Pal sfineJ—

Highest
Lowest
Average
New Vim.—

88 0
10-0

Highest
Lowest...—
Average.....
Sun Antonio—

Highest
Lowest

Average

Ugliest

52 0

..

...

577

37*0; 20 0, 350
02-0 53-3; 02 4

!

j
1

8-JO 78-0
17-0, 300

j

530; 00-7

89 Oj 880
28 0 300! 330
510, 02 -4 04-4

75*0

78-0! 77-4

1

Highest

«

w

50

75"5
29 0

41-7, 53 7

77-0

27 ,2
43 0' 52 2
1 4 0.

t

80-0! 84-0; 950
27 01 31-0; 38-0,
58-5 54-8 OlO

39'2,

70 0 77-0
25 0
14-0
510, 400

78-0
22-0
500

830
24-0
57'3

...

70*0'

720

690

10-0j

130-10

700
170
44*8

85 0
ISO

High st
<iwest

......

Av;'r:«ir*
*

.

81-7' HO

The figures of 1831 are

t Station discontinued.

30-5

49-8

for Corsicana,

840
52 1

92-0
2 4-0
55-2

5j

350

51

08-9;

72-8

....

....

....

9 -0
280
f.5'8

9 i‘0
40 0;

65-3!

09 0

96-0
27M
t>4i

93 0 06M)
41V) 31*0
08-8

....

f

0!

55-2'

930
504
70-4

870

40-0;

930
02 0

0?

737

d\

97-0
44M)
08-3

03*8 i

24‘0j

j
94-0
58-0
735

1020! 95-0' 95-0
4 v() 43 0! 570
71-2 08 8, 73 0

900
34 0!

92

70-3

93-51
1

v-4-0!

31)0

850
010
75(5
1

57-1 j 48-0
71-3. 733

770

0-0

08 T

70-0{ 85-7 8?"9

52-3

780’ 74 0 78-0
1 0 2701 15 0
78-0

st

Aver ige.
Fort Elliot—

73-1

90-0
<44*0
80-0

('

Columbus.—
Highest

I

50*0

70-9

880

50-0
73-S

090

GO’S

47-0,

1

48M)

31*0
511

22-0

57-5
742

| 72-8

80-0

41M)

01-7

935

86-0
40-0' 550
58-8i 72 0

47-0! IWOl 47M)| 490
05 1

910

09 0

.

j

f

800

80-0 88-0
480
07-7; 03 0

00-0:

93-0
2-0
71-5

45M

1

0! 30-0
50-6' -180 53*5
29

78-0! 78*0! 74-0
28 0
28-0
40-4 4j7 * 1
490

Highest

71-7

98-2
58-3
751

j OOM

1 050

74-01

70-0! 7D0; 830

35 0

28-0!

Lowest
Aver ice

80-0

9T0

....

| 40 0

35M)j 42M)j 34M) 40-8j 4701 30M
54-8 02‘2 540' 650! 680 64 4

53-7! 57-7

Average

870
51-5

....

i-

Fayette.—
High -st

86*0
53-0
710

80*0
400
00 6

87-0

61-2; 67-3

71-0
30-0

MISSISSIPPI.

Lowest
Av 'rage.

51'(

j 72-0

74 0: 780
290 330
50 8 55-3

LOUISIANA.
New Orleans.—

85-0
41-0
61-8

81-.
450
6 40

0)0

Henrietta—

500
090

....

j 050

94 M j

91-0
440

9''()

4 70

78-0
210

Mobile.—

840,
3 v()
60-8

91-0
4hO
70-8

510

09-0
280

32"5
58-2

Lowest

59:3

...

....

88M

i

72 7

FLORIDA.
Jacksonville.—

Lowest.

662

87M

i

670: 700 820
23-01 29M) 83-0
45*3; 50-0, 57 0

78-01

83-5
50 0

1881

900
4vG
09-7

40M
CO’iJ

'

71-0
290
490

380
58-4

80-0
570
090

37-7

622

87-0! 70-0! 8-4-0
41-01 30 Oj 490
037, 50 7 07-7

57 0

Lowest

80-0
37-0
59 9

85-r

01 2

74 01 800
25-0 j 300
51t)| 050

Forsyth.—
Highest

i

78-0
39-0

78T.

50-0,

85-0
30-i)
03 0

810
21-0
53 0

S. CA UOLINA

Charleston.—
Highest
Lowest

80-0

29-0

Lowest
Average.
Jack'hnvo—

82-0
320
52 0

58-0

44"(

72-0
420
00 C

730

87 0
500
00-5

84-6
34 Mi
57"C

....

Oi 52-0

534

DIM
43" (
70-5

8-4-0
4 SO
04-4

85-0
3.V0

35-0; 28-0
50-1! 57-0 ’ 47-0

73M
291.
53 "8

1

Rome.—
1 i ighest
Lowest.
Average

80-0
9.7-0
oo-o

090
30-0
430

30

045 00 0

j

Macon.—

Denson—

3S-0
58-3

71-0

270

20-0

52-2

SOO

1

Col ambus.—

A vera/e

80-1
4fl'(
06-7

•

Lowest

51-0
08 2

39 (
570

80-0
28-0

74-0,

80M) 7v0
390 32-5
10-11 5S'5

lighest

50 0
00 4

32-0
49-5

l

1882

!

00-7

300
52 6

79-0
320
542

418

740

Highest

Wilmington.—

49'11

79M) 89-3 77T)
3 83; 37-3 33 0
53 8j 00-91 53 01

74 0
v?-0
50-8

Galveston.—

N.CAIl’LINA

Welkin.—
Highest

....

0J*0

Highest

Highest

Highest
Lowert

82-0
30V

40’7:

78M
30-7
550

Atlanta.—

I

7401
27MV

May
1883

r

Lowest
Average

A ustin

VIRGINIA.

Norfolk.—

1883. 1882. 1881

Ashwnod.—

May.

Thermometer.
■1883. 1sjs2. 1881..

April.

1883.! 1882.! 1881.

....

....

480

Average.
GEORGIA.
Augusta.—

Average
April.

March.

February.

1

„

Memphis.—

follows:

j 1882.

30O!

Lowest

.

The

March.

February.
x ncniiurntwr.

there is a

none

693

CHRONICLE.

THE

*23, 18 3 ]

90-0
58-0
721

88-0

500! 85-0

3»0

380
59*) 1

ego!

45-0
03-7

_

094
-

THE CHRONICLE.
===

'

■

There

is

=

==

nothing

to add with regard to the
rainfall
statement,
except
that it explains the
reason
for the
reports that the fields were clean
and

lish
but

well

worked

June

We

1st.

shall

pub¬
the
figures for June as soon as obtained,
the following brings the record down to June 1 :
on

Rainfall.

March.

A pril.

May.

Rainfall.
1883. 18*2. 1881.

1883. 18*2. 1881. 1883. 1882. 1881. 18*3. 1882. 1881.

.

February.

March.

1883. 1882. 1881

1883. 1882. 1881.

Han A “tonio—

2-09
12

121

5 30

4-24

8

12

4'85
9

orfolk —
Rainfall, in..
Days of rain.

38-1
11

3"58
12

2 8;15

3-34
11

3 33

3-00

14

14

3-2 3
17

4-00
10

4-00

58»
14

27*
....

Jucksboro.—
Rainfall, in..
Days or rain.
Henrietta.—

8

0-921 8-25

3 51

1-03

1-62

12

4

7

4*

2 G0! 3 81
12

2 21
0

0-79
7

2 23
7
0‘! 8
4

2-01

4-04

8

9

2-03
7

infm,in.-.

2-23

1-8-4

8

0-80
0

1-70

I) iys of rain.
Fitrt. Rltiot—
Rainf 1 , i

1-91
10

0

10

0-53

010

0 74
0

004, t -53
a
•7

.

Days

9

1 -49

3

rain.

oi

Davs of rain.
Weldon.— *
Rainfall, in..
Days of r in
Kitty Hawk—
Rainfall, in.
Davs of ra il
Chariot it—

Rainfall, in..
Days of rain.

.

Portsmouth—
Rainfall, in..
Days of rain.
’

Murphy—
Rainfall, in..
•

-Davs of
Wilson -

ram.

to
2-‘-0
10

5 "78

3 (U

1-11

3 SR

11

8

13

o

2-87

i-83

3-97

0-23

1U

10

14

0-49
17

4-24

11

547

5-35
Li

395
10

031
H

2-8.3

13

3-77
10

3 10
15

2-09

5-98 10-13
15
1L

0*35

2 01)
12

1-92

[j*
7

9

9

7-09

...

514

2 88

10

11

5'0l
15

227

O' 79
S

4*25

,8-78
15

4 92

3-47

4-79

1-40

13

10

11

3-no
7

l-so
7

0 00
10

1-83

4 07
11

7-70
15

222
17

0-80

19

005

5,3

3-01

1-39

3*22

2-.0

10

13

13

3

15

5

11

...

1 49
<>

0

0 57 13-Hi
9
15

8

5-57
17

4"7-> 10-57
8

5 30
1

000

C* 4* •

9

12

303
8

3*04

3-42

0

y

3-15
7

4 S3 13-37
a
7

7-40
10

6-30
7

•

•

•

55
17

.

.

.

1 4

9-43
13

5-30

4-20

8

11

459
14

4-52
10

737 13 00
7
10

....

1-50
5

4-02

o-oo
7

5 40

G00

3"0U
7

13

2 20
7

10

8

•

•

•

•

-

0-92
5

1-09
0

1*50

4 81

5 (V.

10

10

9

Ill
12

347

2‘72

3 33

12

8

11

8-02
10

1*8-2
7

0-4S
5

Spartanburg—
•Ka nfa 1, in..
Day-, oi rain.
*

13

....

5 55

d

11

...

.
.

....

....

....

GEORGIA.

Augusta.—
Rainfall, in..

1*49

3 98
8

3- IT
11

7'.*4
11

0-29
13

477

10

395
12

0"8(

Days of rain.

1-95
7

8-91
11

979
7

439
7

308 10-55
9
11

7*77

29.

Days of rain.

2*31
11

0-78
12

1-10
9

331
9

4-19
10

392
11

270
3

803

8-73
0

415

Days of rain.

9-31
5

7

2 00
0

5-19

2-81
5

4-70
8

5-20

272
8

rto

5-55

245
8

2 45

12

471
15

247
7

3-70

3-71
9

1 52

2-51
0

1-15
5

2-91
12

3-32
12

5-22

100
7

083
0

1088
0

4-59

7'155
4

3-50

2-43

0

0

337
5

7-10
4

5-17
9

2-00

4-90
7

1-47

7-70
7

5-72
8

3-o;

3 35
5

8

9

Atlanta.—

Rainfall, in..
Days of rain
Savannah.—
Rainfall, in..
Columbus.—
Rainfall, in..

8

a

3-71'
10
10*3

9

8

5

8

1 35
7

Macon.—
Rainfall, in

.

Days of rain.

....

2-94

1-00
1

1-20
4

2 75
5

4-47
7

3 02

0-91
5

4

Home.—

Rainfall, in
Days of rail).
Forsutli.—
Rainfall, in..

Days of rain.

y

0

8

8

•

240
0

7-89
14

534
7

4-19 10-40 10-00
11
11

959

4-38
11

4-52
11

307

9

0-4S
9

100

1*12

3-81

0 89

5-23
12

4-57
8

3 10

4

2-89
11

4-48

10

004
2

1*32

205

3-85

412

345

0

10

1L

3-00
10

0

9

FLORIDA.
Jacksonville.—

Rainfall, in..
Days of rain.
C'edac Keys.—
Kainf ill, in..
Days of rain;
ALABAMA.

4

8

10

2-20
13

2-01

1-71

223

5

1 97
7

10

5

4’52

2-02

2-91

9

10

1-41
11

4

3-51
7

2 00
10

9-27
13

7-00
9

3-61
15

0-82
14

5-45
13

8-10
18

5-03
11

8

.V03
7

4-51
12

8-CO

4-21
10

5-13 10*41
•
12

7 25
13

9-92
1L

9 21
lL

10-00

5 13

8 18

7

7

8

5-03
4

4-83

3-92

5

8

8

-

Montgomery.—
Rainfall, in..
Days of rain.
Mobile.

'

-

Rainfall, in..
Days of rain.
Greene Spr'gs—
Rain fall, in..

12

5-76
13

5-35
8

5* 10
5

3-50
5

LOUISIANA.
New Orleans.—
Rainfall, in..

ri>9

404
11

5*80

501

12

0

Days of rain.
Shreveport.—
Rainfall, in..
Days of rain.

Sul
8

0-78
10

1*44
8

5

2-01
4

1-96
5

5-41
lu

0-83
11

3-20

4 59
1L

S 03
13

720

3-80

0

8

•

Days of rain.

8

7-15
7

0-92
7

275 14-20
11
15

12

10

■

7-21
14

8*71
10

3" 80
10

585
ll

310
10

1-80
7

300

550

8-50

3 70

4

10

10

0

5-00
7

5-20
7

477

597

1 75

3 09

5-40

c-oo.

10

la

9

0

10

9

0-70

715

7-20

3-19
10

7-41
11

5-4 4
13

2-81
7

0-50
9

4-20
5

0-07

9-21

3-73

3-97

512

9

11

0

5

12

3-53

6-09

544

1-4S

2-10

8-3)

9

14

0

7

12

4-45
8

....

....

MISSI -81 DPI.

Fayette.—
Rainfall, in..
Days of rain.
Columbus,—
Rainfall,-in..
Days of rain.

Vicksburg.—
•Rainfall, in..
Davs of rain.

Brookha ven—
Rainfall, in..
Days of rain.
ARK A NS A Sr
Little Ilock.—
Rainfall, in..

Days of rain.
Mount Id i—
Rainfall, in..
Days of rain.
TENNESSEE.

4

14

1*85

5 00

3

5

11

745
3

105 UTO

t

,

#

t

....

9 05
6

2'7 5

3-15

8-95

8

3’4<
5

8-75

3

10

5

5

5

4-39

4"75
5

0-45 1252
11
13

5'57
9

4-00
7

0-40
13

2-00
10

8-40
10

563
10

1-48
9

5-80 10 80
12
10

7-cO
8

3-10
0

255
0

1-85
0

0-20
9

2 05
8

5-45
0

7-89

8-58

9-30
15

9-10
15

3" 53
13

5 12
18

4-79

14

3-91
15

2-79

18

5-48
17

11

7-34
19

3 67
10

8-09

992
17

6-41
13

4-43
12

9-10
20

3-23

4-00
17

3-50
13

5-74
17

053

9-14

2 SO

17

13

10

19

3-80
7

3-10

3 0
5

6-10
8

3"8l

4-90

5-10
7

9-80
*13

930

0

8*15
13

8-4 o

1-91

15

7

.

3-94 16-53
10
13

4-09
17

12 45 1015
13
13

^

Nashville.—
Rainfall, in..
•Days of rain.
Memphis.—
Rainfall, in..

13

Days of rain.
Ashwool—
Rainfall, in..
Days of rain.

7-00
14

7-30
13

Kainfa'l. in..

7'4S

7-95

9

7

4-40
7

442
8

8-90
10

2-02
10

8-00

Days of rain.

10

4-81
12

4-12
11

115
17

5"57

8-29
11

4 93
11

1-58
15

1-47
11

1-20
10

0-83
14

4-7a
12

6-01
10

375
8

3-50

!3

o-si
17

l-oi
14

4-21

5-38
8

2-30

0-29
11

1-99
12

1-20

3-22

0-5.3

8

0

o"59
9

2-03
10

4-01
17

0*23
8

337
10

535

2-37

2-70
5

353
11

342

373

2-85

7" 50 14-33

4-31 10-91
12
11

8-31
10

13-13
5

2'41
5

254
5

29-1
0

18

9

13

11

Austin—

•

TEXAS.
Galveston.—
Rainfall, in..
Days of rain.
India no/a.—
Rainfall, in..
Days of rain.

Palestine* Rainfall, in..

Davs of rain.

New Uhn—

Rainfall', in..
Days of rain.
*

12

12

12

r*

i

O

Tlie Ogurcs of 1881 are for Corsicana.




14

2

8

lb
14

1

4-8L

8

I

!

1-71

“I
1

U

11

t

4 04
IU

8-03

2 7'
8

272

3-53

0-89 4 87
8 |
6

0>2,
0

C-79. 4-70

8

2-8G
5

4 5
5

I1 “l

iHs&jipei.

11

2L

H

2-73

300

11

0

7-4S

5-27

15

12

2-7,7
3

3-07 12-23
5
7

foregoing facts furnish sufficient data from which
intelligent conclusions upon the points cjvered by

draw

this report.

conclusions.

.

c

O

0-53. 2-13
8
7

9

■8. CAROLINA
Charleston—

Rainfall, in..
Days of rain.

2-11
9

-

Rainfall, in.. '223
10
Day- o' ram.
Mid.Cape FearK tintuli, in..
3-3a
12
Days of rain.

-

The

17

-

Rainfall, in..

"1
1-54
8

Denison—

Rainfall, in..
Days of rain.

1883.

t Station discontinued.
9-70
13

N. Car MSA.

Wilmington

1883.; 1882.! 1881.

1-00
8

VIRGINIA.

]S

May.

.

0 33
11

Rainfall, in..
Days i.f rain.

R

February.

[VoL. XXXVI,

:

1

g=

13

They

may briefly be stated as follows :
■first-—There is an obvious tendency this

out the

South

increase

cotton

year

acreage.

through¬

This

at first

thought may be a little surprising, in view of the very low
price at which the staple lias ruled during all the planting
season-, and the lower price which is likely to prevail should
this crop be a full one.
And yet it is undoubtedly true
that the past season has been a profitable
year for the
South, and that the planters therefore started this season in
'a condition

almost

the

opposite of their condition last’
spring.. Then they possessed but little money, credit or
food, and with the latter at exorbitant prices, were under
a
very severe pressure to produce something to eat. Now
they are in these particulars comparatively independent,*
and hence they exercise the natural, and almost irresistible),
inclination of the Southern planter, to raise a few more
bales of cotton.

But

there

is another

influence which

is

acting with

increasing force all the time in the same direction. We
to the negro farmers, who are
yearly becoming
more numerous, and whose
disposition always will be to
enlarge the small area they have under cultivation. It is
easy to conclude that doing well with a little, means,
doing better with more ; and it often is so in their case,
especially when the larger area only means that the family,:
little and big, puts in more work.
Our attention has been,
called to this feature lately by observers in several States,,
and we are assured that it$ effect upon the planting area,
is becoming very obvious.
Still, it will be noticed that notwithstanding the inclina¬
tion to extend cotton acreage is so manifest, and the ability
to do it re-established, we have confined our figures of inj
crease, for all but some of the Gulf States, to the mere
recovery of the loss which occurred under the stress of last
year, in some cases even making it less.
As, for instance,
North Carolina lost last year 5 per cent and Tennessee 6 per
cent, while this year the former gains but 3 per cent and the.
latter 2 per cent; whereas South Carolina in 1882 lost 3 pea
cent and Georgia 5 per cent, and now gain the same, respec¬
tively. Texas stands out alone for a large increase. As we.
have remarked above, there were criticisms a year ago,
upon our figures then issued, but the production of the year,
shows how foolish any lower estimate would have been.,
Probably the cotton crop of Texas in 1882-83 has been 35,
per cent larger than in the last productive year of 1880-81,:
and yet even according to our statements the increased,
acreage for the two years had only reached 17 per
cent, or say about 18 per cent estimated on the planting
That single fact fully confirms the accuracy,
of 1880.
of our conclusion last year, when we added, in adopting
the 10 per cent increase, that it is *■{ probably more than
refer

.

that.”

14

4-03
7

to

i

The

the States
flows:

as

foregoing analysis of
changes in acreage this year are as fol*

reached

results
to

in

the

:

June 23,

THE CHRONICLE.

1883.]

695

1

Estimated for

Acreage,

(4.) As to commercial fertilizers there is

1883.

State b.

18S2.

Acres,
Increase.

Decrease.

North Carolina

1,011,000

3 per cent.

South Carolina.

1,GOG,OOP
2,835,000
265,000
2,670,000
2,3 16,000

3 per cent.
5 per cent.

Georgia
Florida.

1..

Alabama;.

Mississippi

—

Louisiana

oo t.oo; i

Arkansas
Tennessee

.

2 per cent.
5 per cent.

2 per cent.

108,000

3 per cent.

I'l.nPO.i'OO 5*IS percent

Tins stiows

an

.

........

........

4 per cent.
4 per cent.

86!).0<’0

1,072,000
1,651,000
2,077.000
270,000
2,813,000

........

2,440,000
040,000
3,102,000

........

2,820,000 10 per cent.
1,117,000 6 per cent.

Texas....

1883.

.

.......

1,181,000
886,000

........

........

111,000
17,140,000

.

for Hie wnole
In the opening of this report we

regard to the statement that their use has increased
again this year except in North Carolina. Not only has
the purchase been enlarged in the aggregate, but the
district taking them is being widened.
Furthermore,
home-made manures are all the time receiving more atten¬
tion, and the growing number of small farms adds greatly
to the importance of this fact.
For the purpose of enabling the reader the more accur¬
ately and readily to compare the early weather conditions

(that is, the conditions
seasons, we

given the total production of each State since l S71.
table, the following
becomes of use, indicating as it does the yield per acre of
With that table and the above acreage

Pounds pei

1872.

rainy,
except in Texas, where there was very little rain. June very
rainy everywhere, except in a portion of tho interior.
April was very favorable, cx< ept the second week, when there
was a severe storm, making t ,c rivers. overflow.
May, first
three weeks too dry, but the last week splendid sho w ers every¬
where.
fine month for growth and cultivation. The last

ci

1873.

April t old and dry.

GO
r—4

CO
CO
rH

acre.
1

I

6

!180-1.

•

GO

Ci

CO

i

Cj

|2

£

i-

CO

GO

CO

rH

rH

1

~

1

r-

but last two

r—

203

102

187

232

230

188

203

163

16.0

150

153

161

110

183

177

Georgia

118

111

137

112

113

135

120

122

120

Florida

70

100

Alabama.

03

121

134

08

114

100

110

108

110

165

132

110

120

125

116

127

110

Mississippi

165

102

201

176

17-1

166

101

120

156

Louisiana

231

257

258

220

25 6

235

215

100

204

Texas

117.

215

163

175

150

108

205

200

220

Arkansas.

106

253

256

242

288

227

251

185

101

Tennessee

113

100

201

10)

170

152

162

loO

188

112

180

175

168

172

160

173

151

160

maturity, cultivation and condition
the plant, the conclusions reached are as follows :

Second.—As to the

1874.

1876.

especially in the Atlantic States, by
reason of the cold May.
This year April, as a rule, was 1877.
stormy, and May, until towards the close, was cool and
dry. Consequently, in some of the more northern sections
the late plantings had hardly started on the first of June.
Since that date, however, there has been a decided change
in temperature and rainfall, and growth has been rapid.
1878.
Still, * the plant is backward, and almost everywhere

that the fields
early in June
there has been more rain than needful, and quite decided
complaints are coming up from various districts that
grass is becoming troublesome.
This in many cases is
greatly exaggerated, and may all speedily change by a
return of dry weather, checking the growth of weeds and
giving opportunity for a renewal of farm work. We
should not, therefore, on this occasion have referred to it,
were it not for the small and slow
development of later
plantings in the more northern latitudes, which leaves
such sections more easily injured in this way, than is
usual at this season.
A very young cotton plant is no
match for crab-grass; besides, such a plant cannot during
wet weather grow the root it will so much need later on.
were

general report

then clean and free from weeds.

was

1879.

Since

exception of being backward (which in itself is of
very little importance) the condition is very good.
In
the Gulf States and in Arkansas, with but few exceptions
everything looked very promising indeed at the latest
mail dates.
The present doubt, so far as the circum¬
stances justify a doubt, is confined mainly to sections inthe Atlantic States.




rains at some places;

in most

cases

finite local, however.

Arkansas overflowed first of month.

April, like March, was satisfactory for getting in tho crop and.,
securing a goad start. May was also generally extremely
plant made splendid progress; more rain
condition of crop, was reported in a
few sections, but the general condition at. the close of monttf*
was excellent.
June, too much rain in parts of all tho States,
but especially in the Southwest; otherwise generally favorable.
March and April were generally favorable for farm work, but in
the Atlantic States and upper latitudes of other States, down to
almost the second week of May, the temperature was far too
low tor vegetation, heavy frost being reported as late as the
4th and 5th of April. The first half of May was also, in some
sections, too cod for the best development, but since that dato

some

1880.

generally favorable everywhere, tLo main

other

at

points, and cold nights in certain sections for about

ten days or more in June.
The spring opmed early and the

ground was well prepared.

April were, on the whole, both favorable for farm
work, and May and the first half of Juno were also favorable.
The main exception to this has been that in a portion of the
Gulf States and the Mississippi Valley there was too much rain
Since tho first of June, take the whole cotton section together*
March and

the conditions have been very satisfactory, except that there
is a small section of the Gulf States where the complaint still

1881.

is, too much rain.
The spring opened fully two weeks later than

last year, tempera

everywhere being lower. April, however, showed a de¬
cided improvement, though in the later sections there were
told turns down to the middle of April. Since then, with the
exception o ' a drought of three weeks in Atlantic States during
May, and t.io much rain during the same weeks in Texas, Ar¬
kansas, part of Louisiana, and other limited sections, the
weather has been everywhere very hot and forcing.
tare

crop now is therefore in gen¬
good, and if the rains stop we should say that with

$J

Arkansas; elsewhere favorable.

April opened with seasonable weather, but after tho first week
heavy rains Hooded lowlands, and suspension of planting was
reported in portions of nearly all the States; later conditions
favorable, but temperature low. May, first half too rainy, hut#
balance of month decidedly more favorable, so that crop
generally was veil cleaned. June showery, with very heavy

the weather has been

the

•

coast and

exception being drought in the lower counties of Texas, and

(3.) The condition of the
eral

was a

than needed, and a grassy

up to

Hence the

*

l of it too cold, especially the first week;
otherwise the month favorable, the temperaturo gradually
moderating. May continued cold the first two weeks, but sub¬
sequently was warmer and otherwise very lavorablc. June#
fine glowing weather nearly everywhere.
April, excessive rains in tho Western and Gulf States early part
of month, causing rivers to overflow ; but they quickly receded
in good part; last twenty daj s
generally favorable. May, very

March,

favorable, •so that the

year ago.

the first of June was thorough
uninterrupted, rains not being so frequent as to delay

farm work.

and
and

favorable almost every where, except heavy local showers at
few points; fields well worked.
June, some very heavy
showers, but mainly confined to the counties near the Atlantic

also late,

(2.) The Cultivation

especially in coast half of

Apt il, like March, was very rainy. All rivers overflowed. Worst
flood for thirty years. May, a severe drought in almost aU tho
South, except Atlantic States. June, more favorable, es¬
pecially last half of month ; but planting in the flooded district
of the .Mississippi Valley and its tributaries not completed till

1875. April, like

(l) As to maturity, the crop on the first of June wa3 evi¬
dently a late one, and even more backward than last year’s,

and

more

after June 1.

'•

a

rainy,

June, too rainy in about same half of t.iO Atlantic
Gulf States; but upper half, and almost all of Arkansas
Tennessee, favorable?

’

125

smaller tharnat this date

weeks

States.

tGO

175

wliolo

complaints of too much rain.
May, first two weeks favorable everywhere,

co

North Carolina.t

was

some

I

'L-91SI |1875-6. 1S74-5.

-

was more favorable Hum tbe last half- of March, the
of March being cold and rainy.
Mav very cold and

week
1

South Carolina..

which

pievious

April

each Sr ate.

of

up to the last of June) with
have prepared the following :

1871.

have

Average

uncertainty

average increase m acreage

South of 5TS per cent.

Stales.

no

with

1882.

Planting began more than two weeks, earlier than last year,
and the seed came up well. May was remarkably cold, and tho

growth was ch* eked during that month, but in general there
of rain, so that the fields were kopt well culti¬
vated and clem. About tho last of May and first of June It
.turned.warm, the plant began to grow rapidly, and tho latter
part of that.month the condition became quite promising.
was no excess

_

THE CHRONICLE

696
1883.

There whs great delay, more especially in the Atlantic States, in

getting: in the seed.

.March and April

were cold and wet, and
May was dry over a considerable section. Altogether, there¬
fore, the start was a very late one. The latter part of May the
surroundings grew more favorable, and on the lirst of June the'
lields were clean and the condition of the plant was good, though
still backward.

With

such

early conditions, the later history of each
be briefly stated as foilows :

year may

Slam7,

Tear.

Juhj to Sc/tt.

Stand excel¬ Favorable

lent,

1S70.

..

clean

and

j

Year's results.

and Favorable weather,Yield.

4,352,000.

1

_

1

p t

i»;ci;jng closed Dec. Incrc sed aeiv’ge
j 13-90 per cent.

| 5.to 25.

shedding.

strong.

Sept, to Dec.

*iiutsFiling frost* iivm lucre <sed' crop,
J Oct. 20 t;> Nov. 20. 37*91 pt l* cent.
e \\, ex e e

com i>

very

i

|

1

Sickly, w’akllainf’i general- Favorable weather Yield, 2,974,000.
and
very! ly an average,
*ro'fc ~sov- Den eased crop,
1371.
gra.ss\ AA-i but
drought picking clos’d Nov. Decreased aciv’ge
erywheiv.

hiinntul.

very

!-10-75

15 to Dec. 10.
:

!

per

and

good

1873.

o n c

-third

Veryirregu- Great,

drought Favorable weather Yield, *3.833,COO.
Tennes&ev, Killing frosts Oct.. Decreased crop,
p’rfeet, but Arkansas, «v c., 13 to 31.
; 8*08 pel* cent,
clean
and with high tern- Picking closed bc-!
well oultH perature.
ft re Dee. 10.
Increase 1 aere*gc
voted.
!
;
I 1*54 pgr cent.

,

;

Stand excel-; Aug.

Stand good
and <dean;
not
quire

12 to Dec. IS.

Increas'd acreage
5'05 per cent.

Caterpillars

Stand good, Weather favor ’ Oct
i a-

,

but

unusu-.

late;'

ally

1877.

1

fic-lds clean
.

and
...

e-uluvatca.

5icld, 1,811,305.

Nov. and Dec.

sum-: an usually
severe
growt h rains in Western
s:,tisri,<*7 and .Southwestern
lory; crop ;-cp-

good

,,

,

le and

,

\mi

<

1

in

ouditi.m

hjU>>

•'*.* des.

| 7/27

Killing frost Nov.’
1-•

Picking closed Dec.

>

_

_

per

\Increas'd

cent.

'

Utah

A small

! ltol5.

'

I s jicr cent.

good,Complaints of Picking season cx-j Yield, 0,580,329
and
early too much rain trembly rainy and
almost ev-: in
Southwest cold; never worse.|
erywlnii'c;1 more espee'lly Killing frosts gen \Incrcased crop
too much in July.
Also cral from Nov. 5j
,
rain in a caterpillars in to Nov. 27.
ii ipci cent,
small see-; Texas. Louisi-Picking closed
ttonofttnlf, aim. Miss, ami, .-rally-subscuicnt
nt.rcns0
States.
Ala., without! to Jan.
much damage.!
11 ’7 per cent.
^

late Great

drought Picking season 'cx- Yield, 5,135,8 15
tremely hot and;
bill with hign teinperu ! gen er a 11 y
dry.j Decreased crop
April eon- t read tarougn Killing lr.»t * trom;
dit'ns turn¬ the summer in! Nov. 4 to Nov. 20.! 11 '& Pl!1’ eent.
ed lav.only the larger por-lPickingclos’d from!
too dry A
t ion
t h c; Nov. 30 to Dec. 20.! ^ncrc
o f
^ acreage
hot in .1 une South.
I
1*51 percent
and

extreinoi

r

r

,,

.Stand- good Season favora- Picking season gen Yield, 7,100,000,
i but some- pp*
t h o u g h
era ly very favor¬
what backestimated.
wTd. owing t.iei'3 were at
to cold Apr. times c o m- able. Killing frosts
A early M y
Increased crop,
plaints of too Nov.13 to 30. Pick¬
but s ibsemuch rain and
30-0 per cent.
qu’nt waiMi
seasonable at other times ing closed about
w e at li e r
of drougiit in
cans e d
Dec. 31.
Decreas'd acreage
.,

1SS2.

very

vapid portions of the

imp’wm’t.




9,315,842

9.806,160

spring wheat is found in Northern New
a very little in Illinois,

England, Northern New York, and
Missouri and Kansas.

The Pacific Coast wheat is counted

as

winter wheat,

classed

though a little in the northern portion, might be
spring wheat.

as

RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON-June
Time.

On-

South.

i

EXCHANGE ON LONDON.

9

Latest

Bate.

Date.

Tune.

Rate.

Short.

12*11

•

.

Amsterdam

Amsterdam
Antwerp—

.

.

3 inos.
Short.
3 mos.
li

...
H

Berlin

it

Copenhagen.
St. lVtcrsb’g
Paris...

...

-

-

-

.

Short.
3 mos.

Paris

••

Vienna
Madrid
Genoa
Lisbon

12 5
12 2 M
25*52
2069
20 69
18*44
25 34

46:!i' @461

<«

25*52
5115 j

“

June

....

June
June

Juno

ii

9

Shot t.

25-31

ii

25*52
25-52
25'32

a
ii

9
9 Checks
9 i ong
9 Short.

@25*57 h* Juno

q

....

25-29 q

25,3012

.

12-00
......

.

9 Short.

25*25

»

511

ig

.....

Juno
June

..

9
9
9

i

....

..

9

1

Juno
’•June
/e23]e
25'271‘2 @25*32 df 'June
25-47 *2@25'52b>; Juno
12'12b>gil2'15
Juno

“

Alexandria..

«12-5 *2
@12-3 q
@ 25• 5 7 1 *>
@20-72
@20-72
@18-48

Is.

7:'i, d.

Is

7«'hod.

June
Juno
Juno
Juno

....

......

....

3 mos.

6
9
9
9

tel.trsf.

:>

4 mos.

9

*•

97-00

Short.

4*85q
is. vq i.
Is. 7 fill.
S.
'Vj‘l.
5s. oqa.

tel.iis!'.

--

gen-|

1831.

of

area

3,003,000
57,796

!

’

.

Stand good .Season fairly fa- Piclc’g and matur’g Yield, 5,757,000.
tovcryg’cl.
to vei
v arable.
In seas’n never b* tt’r
From 7 to Texas bad Top crop almnd’nt
14d yslate drought,
con- and matured al¬
in Atlantic, lined in chief most everywhere. Increased crop
States, p it severity to cen¬ Killing frost i:i a
13-4 per cent.
of Ala. and tra l b c 11 o f limited sect’ll Oct.
a less part
counties and 30 to 24. Killing
of Miss. region west of 1 rest, more general
about Nov. 20.
Elsewhere, Urazos.
Increas'd acreage
as forward
Pick ng closed Dec.
15 t >24.
fl'O per cent.
a-sprev. yr.

ev’y win* re.

2,54 7.000

1

.7

1,593,600
2,671,350

•

i

acreage

ery early-, Mis'sippi
Yal- delayed
market- Increased crop
but grassy ley, but subse- ing.
5'-J5 per cent,
in seel ions.; quent weather Killing frost Oct.
especially; generally very 31 t > Nov. 13.
lower Mis-! Javombie.
Picking closed Dec. Increas'd acreage

Stand

1,102
!

:

’

cent.

Very

1S80.

44,137

720,000
42,312

....:

Hong Kong..
Siiaugliai....

_

| .> per

■*5

s’sippi Yal.i

1879.

1

Montana

Calcutta

A

i

.

Colorado
Dakota

..

Incrc sed cvoy>

Stand excel-Too much rain Pick’g season good. Yield, 5,073,531.
l ntinmost in June,, cspec- Yellow
fever
in
States and ially
in
the Mississippi Valley

1878.

43,700

'Ll M)

New York...
60 d’vs
Bombay

uici-

tember

weil
.

1883

21-81 per cent.

lucking closed Dec.
15 to 31.

i Yield, 4,4 85,000.
• in Favorable.
Alabama, Mis-; Killing frost Oct. 1
sissippi
and to s. except in At- D ere tscl crop
as perfect, ■ Tex.
i 8*01 per cent.
Drougiit hint ie States.
tliougn, as in Nort h e r n Picking closed Dec.
in yearpre-i Texas.
I 10 to 35.
| D. creas'd acreage
vious.
I
'1 6 pel cent.

,

1S82.

1,670,000

Iowa
Nebraska

Hamburg

1876.

j

.'

...

Wisconsin
Minnesota

Dec. Excessive rain.
Yield, 4,(>(’>0,000'
Killing frosts Oct. Increased crop

to

1 e n t a n d l* a ins
vc ry
clean ev-i excessive
at
cry where;’ many
points,
never
bet- Slieud’g badly.
ter.

1875.

Maine
New Hampshire.
Vermont
Massa'dnisetts

i

| larandim-: in

1874.

States and Territories.

Caterpillars in 28 to Nov. 20.
| <>'09 pi r eent.
Ala. and Ga.iPicking closed Dec. 'Increased acre’ge
Slied’g badly. | 1 to 31.
1 10'59 per cent.

poo r and
grassy.
i

Mr. J. 11. Dodge sends us* in response to our
request, the fol¬
lowing very interesting statement of the acreage planted in
spring wheat the last two seasons:

T(>thi

1
1
much rain Favorable weather Yield, 4,170,000.
the coast. Killing Iro-t Oct. Increased crop,

on

ACREAGE OF WHEAT IE PRINCIPAL SPRINGWHEAT STATES FOR 1882 AND 1883.

cent.

Good, clean Drought
at Favorable.
[Yield, 3,930,'00.
and stroll01,10
point-Killing lro.-t Oct. Increased crop,
®
and
1872. almost evexcessive, 14 A Nov. 13 to 18.j 52-13 per eent.
i>aius at others.;Picking closed Dec. Increased ai rc’ge
cry where. 1 She-kliiig, Ac. j 15 to 31.
j 9*75 per cent.
Two- thirds Too

[VOL. XXXVI.

1*55 per cent.

*

[From our own correspondent.i

London,‘ Saturday, June 9, 1S83.
The money

market during- the past week has presented no
special feature. For a very brief period there was rather
more firmness in the loan market, owing to the re-payment of
exchequer billsi but beyond this fact the tendency has been
decidedly in favor of ease. The low rate of interest at which
exchequer bills were allotted—viz , only 3 per cent per annum
for six months’ bills—caused some- surprise, and hence it was
concluded that there was no apprehension in high quarters of
dearer money in the future. Three months’ bills in the open
market discount at 3}£ per cent, and even at that figure the
tone is weak.
The recent scare has evidently checked fresh
business, both commercially and financially, while the more
numerous failures which are
taking place have naturally an
adverse effect upon business. It is fortunate that we have had
fine weather and reasonably cheap money during the last few
weeks.
Had that not been the case, we might have drifted
into a state of semi-panic.
The community undoubtedly per¬
ceives that a cautious policy is very desirable, the effect of
which must be to contract the demand for money.
There i3
certainly no great amount of confidence, ani a considerable
degree of patience will have to be exercised before a sound
condition of things can be brought ab ut.
The position of the Bank of England by no means improves
rapidly. There is progress in a small way, but the proportion
of reserve to liabilities is still only 35 75 per cent.
The supply
of bullion held by the establishment has increased during the
past week to the extent of £329,171, but the note circulation
has also increased,, viz., by£ 118,275.
The improvement in the
There has been
reserve, therefore, is restricted to £210,896.
much less pressure for loans, there being a small diminution
very

in the total of “ other securities.

The

following

previous five weeks

interest
day of the

the quotations for money and the

are

allowed by the discount houses
:

to-day and same
’
.

THE CHRONICLE

18£8. ]

June 23,

Interest Allowed

Open Market Rates.
Trade Bills.

Bank Bills.

London

1

i

Stock

Four

Three
Six
Three
Months Months Months Months Months Months

j Four |

4

3

3

@

-

“

11

4

3W$

—

“

is! 4

May

251 4
June lj 4

Hi 4

“

At

7 to 14

Gall.

Days.

2

2

3

3

4*34* 4*@4.M
4 @436 4 @436
33*33?$ 3>$@ -3?$@3% 3%@4M 4 @436,4 @436

3

3

3

3

3^35ft 38.@3?ft 3-4i@ 4 3>4@434!4 @438

3

33-8®

4J4@46J|4hj@5

3?633%i»^@3Jfi!4
3^ -j3X^3*(

—

Annexed is
the Bank

.

Banks.

3J4@3*j3*@4
@40;

4 @4>fj 4

3j-g <1>4

H

“

Six

Disc't IFses.

Joint

3

statement showing the present

a.

234
334-336
334-336
334-336
334-336
334-336

3

^

3

position of

of England, the Bank rate of discount, the price of

consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second quality,
and the Bankers’ Clearing House return, compared with the

previous years:

three

1882.

1883.

Public deposits
Other deposits

Governing securities.

£

26,^99,170

25,989,075
6,250,92 L

25,(>33,315
7,735,622
22,708,7»5
13,834,923
23.467,703

Circulation

23,296,332
20.775,435
20,775,435

Other securities
Res’ve of uotes & coin, 10,043,667 12,902,233
Coin and bullion in
.both departments20,826,082 23,141,908
Proportion of reserve

liabilities

to

1U0*

Eng. wheat, av. price.
43s. 5d.
Mid. Upland cotton...
53*d.
No. 40 Mule twist
lod.
Cleary-house ret urn. 107,085,000

follows

Rates

of

19.427,991
16,613,783

25,902,159

23,039,033
43
3 p. <*

100-y
47s. 7<l.

43s. JOd.

45s. 7d.

98t3

r>s 1

•

1 l»4d.

HP4d.
97Hl.
10,784,000 93,2C2,u00

91,653.000

and open market rates at the

previous three weeks

i

May 24.

May 81.

May 17.

[

Interest at

!

Think

Open

llutc.

Market

Paris

3

Berlin

4

Bank

| Hate.

2%

Open

Bank

Open

Bank

Open

Market

Rate.

Market

Rate.

Market

3

256

3

4

2 )i

4

m
2)6

2'4
2%
2'H

4

m
2)6
3/6

Brussels

336

3

336

3

336

Madrid

5

436
336
5*

5

436
336
536

5

Frankfort—....

—

Hamburg..

—

-

Vienna

4

St. Petersburg..

0

•

—

4

4

0

4

(i

2L>

4

2)s
m
m
m
336
4U

—

m

—

4

3

—

SM
336
m

4

336
536

4

3J6
5

836
536

0

following particulars relating to the bullion market are
Messrs. Pixley & Abell’s circular :

The
from

Gold—Sovereigns from Australia and coin from tlic Continent continue

to flow,into the Lank, the amount sent in since our last being £265,000;
and there is every probabilby of the influx continuing, as, with the ex¬

ception of £50,000 sovereigns, withdrawn for Lisbon, and a shipment
of bars to India, there are. lit present no orders for export.
We have
received since our last £56,420 from Australia. Tile P. A O. steamer

has taken £30,000 to India
Silver—Tiie arrivals of the week have been so small that the market
has kept tolerably steady in price, which lias only fluctuated from 5olsd.
to 50 1-1 Gd. per uz. at which rate business lias been done. The demand
for India lias not been very active, and we do not hear of any frevh
Continental orders. The amounts to hand since our last comprise

The “ Paramatta” lias

£35,000 from Chili and £15,000 from America.

taken £54,000 unIndia.
Mexican Dollars—Have declined in value, and the amounts by the
“Don” and “Solent,” me*..tioned by us last week, about £74,00 > in
value, could only be placed at 48 yd. per oz, a reduction of 3ed. in price.
The P. & O. steamer lias taken £80,250 to China and the Straits.

The quotations for bullion are
Price
J

s.

Bar

oz.

77

20 dwts. silver..oz.

below

j

May 31.

d.

:
of Silver.

7.

Jane

May 31.

9

Bar silver, flne..oz

50 1-16

5036

50 7-16

50hf

5436
48^

5436

Bur silver, contain77

1036

77

1036

73 10

S. Am.doubloons, oz.

73

73

U.S. gold coin...oz.
Ger. gold coin.. .oz.

70

8J6
336

i|

ingOgrs. gold.oz.
Cake silver

:|

oz

836 ! I Mexican dols...oz
336 1 J Chilian dollars..oz.

70

49

bullion in

1891.

£
s

.

that daring theending 31st of May, the number and nationality
of the passengers that left the United Kingdom for places out
of Europe were as follows: English, 70,467 ; Scotch, 12,791;.
Irish, 57,663 ; foreigners, 36,197 ; nationality not distinguished
1,113 ; the total being 178,231, as compared with 204,492 during
the same period of the previous year, a decrease of 26,261.
Difficulties have been reported from Havana during the week
and on Thursday the suspension of Messrs. Zorrilla & Co., an
old-established banking house, was announced. It is believed
that the liabilities are heavy. Losses in the sugar trade aro
understood to be the cause of the suspension.
five months

The failure has been announced of the old-established firm,
of

Bidgood, Jones & Nelson, woolen warehousemen of London.
published.
The B ard of the Grand Trunk railway of Canada state that
the support given to the proposal for turning the shares of the
leased Great Western Company into A and B certificates has
No estimate of liabilities lias been

not

been successful.

The Bank of Montreal is authorized to receive

five per cent, sterling bonds of the Province of
Quebec, the loan being part of a total amount of £3,500,000sanctioned

by the Provincial Legis'atu-re for railway and other
The price-of issue is 107/. per 100/. bond.

550,750
4.711,294
409,247

0,013,010

The

Board of Trade returns

1852.
£

1,771.177
7,410,300

1,100,092
4,782,431

1883.

1881.

1882.

1R83.

£

£

£

£

513.594

356,569

14.714
71.334

2,914,324

4,287,505

2.108,910

400

1.398,077
3,579,004

1,192

67»

33,209

Imports
Imports
Exports
Exports

500.171
3,135.2 2

mos..

3,006.731

800,337

To India the exports

1,200.522

420,417

3,400,783
1,239,271
3, 55,072

3,935,540

459,785

of silver

177,579
1,237,801

229.072

; 102,202

949,431

1,226,901

3,000
17,940

7.700

522.567

3,693,585

Tenders
for

’

48,650

were :
1881.

In May
In live months

23,020

525,916
1,60L,l66

received at the Bank of

1882.

550,686
2,394,772

1833.

414,728
2,270,389

England on Monday
£1,500,000 Treasury bills, the amounts allotted being as folwere




1S8L

1882.

£

£

92, IS:;.‘22
167,917,754
19,087,6 IS
90,t>0<>, 1 (8

in May....
in 5 months
in May.
in 5 months
..

tires

May:

as

en¬

:relate

to

1883.
£

35,935.95 i
175,046,193
20.017,066

30,257,143
180,555,412'

98,160,280

96,931,963

19,193.565

the five months ended 31st

IMPORTS.

cwt

Cotton

1881.

1882.

1883.

7.997.321

8,161,812

S,286,143

EXPORTS.

188 1.
1883.
1882.
9 42,774
.cwt.
807,672
871,971
Cotton
.11)8. 101,984.700
95.533,609
105,426.400
Cotton yarn
rards.l,972,085,100 1 ,752,667,909 1,377,237,700
Cotton piece goods..
.tons.
Iron and steel
1.716,629
1,591,873
1,305,914
9 1,753,400
aids.
8.5,796,600
Jute piece goods—
78,984.000
...lbs.
8,668,300
7,002,800
Limn yarn.
7,388,500
lbs.
79,102,300
70,662/200
'ards.
Linen piece goods
71,899,600
yards.
9 L i,7 15
£
5)83,8 IS
1,189,1 10
Silk manufactures
£
4.7 '4.700
.; u»3.
6.729,500
British wool
5,103,000
chibs.
96,310,051
90,181,268'
Colonial and foreign woo!.lbs.
02,629,765
1 1,838,700
.IDs.
9,82 7,000
12.072,400
Woolen yarn
lbs
1 8,970.600
36, >78,600
ards.
32,403,400
Wool fabrics
70,785,200
ards.
58,381,700
80,213,300
Worsted fabrics
yards.
.ards.
3,925,300
2,760,700
2,482.100
Flannels
yards
.

..

.

ranis.
pairs.

Carpets

4,306,300
486,093

4,1 25,900
623,334

3,269,200
448,780

following were the quantities of cotton manufactured
goods
piece
exported in May, compared with the corresponding
month in the two preceding years:

Portugal, Azores & Madeira.
Italy...
Austrian Territories
Greece

Turkey
Egypt

.

Mexico
Central America

United States of Colombia..
Brazil

Uruguay
Argentine Republic

.Chili
Import* in May...
Imports in 5 mos..
Exports in May....

do not show results

couraging as could be desired, but they cannot be regarded as
unsatisfactory. There is a small falling off in our exports, and
a trilling increase in our imports.
Compared with last year, no
great change is perceptible for the month; but for the year
there is a decrease of £1,230,000 in cur exports, and an increase
of £5,500,000 in our imports. The following are the leading
particulars;

Foreign West Indies

SILVER.

Expi rts in 5

subscriptions

for 500,000/.

West Coast of Africa (For.)..
United States

United States.

All Countries.

in

discount rate of £3 4s. 4d. and £2 19s.

Holland
France

GOLD.

Imports in 5

a

Germany

April and during the four
months ended April 30, between this country end all countries
and between this country and the United States, were as follows:

Export' in May
Exports in 5 mos..

equivalent to

8d. per cent respectively.
From the Board of Trade returns it appears

Exported to—

1t

The movements in

Imports i.n May....

This is

The

d.

d.

d.

s.

77

9

73 10

ms.oz.

receive about 22 per cent.; above in full. Those for bills at six
months at £98 10s. 2d. and above will be entertained in full.

Blankets

gold, contain'g

Span, doublo

as

Price

_

Bar gold, fine

reported

of Gold.

7.

ane

:

public works.

:

June 7.

•

19,786,366
14,752,989

4602
24* p. C.
lo2Jed.

chief Continental cities now and for the
have been as

25,034,378
15,786,u28

6

rates of discount

The Bank

7,419,100
24.152,991
11,907,15L

43
3 p. c.

35*75
4p. c.

"

Bank rate
Consols.

1880.
£
20,47 5.250
8.809.072

1881.

£

£

In bills at three months, £1,000,000; do. at six months,.
£500,000. Tenders for bills at three months at £99 3s. lid. will
lows

for Deposits by

617

Peru
China and Hong

Kong

Japan

Dutch Possessions in India..

Philippine Islands
Gibraltar
Malta
West Coast of Africa (Brit.).
British North America
British West India Islands «x
Guiana
British Possessions in South
Africa

1881.
Yards.

1882.
Yards.

1883.
Yards.

2,783.390
3,926,109
3,w2_',‘09
5,703.690
7,013,900

4,150,100

4,250,100
2,588,900
5,460,600

3,198,700
7,101,900
3.760,300

5,472,800

3,224,809

0,135,100

555,900

403,000

610,700

2,514,800
21,811,700
7,579,100
3,280.260
5,423.000
10,426.900
2,356,500

1,421,100
23,629,300
13,190.200

2,767.300

3,514,600

1,943.000
3,547,600
17,970,500
2,005,100
(5,317,300
6,504,100
4.600,500
28.844,300

5,253,100

5,627,200
16,882,890
1.646,700
6,347,800
9,120,500
2,314,500
45,879,000
3,424,800
4,87s,GOO
1,291,800

5,615,500
(5,835,300
3.311,600

6,218.700
4,081,100

6,511,600
2,184,400
2,o82,20O
4,760,100

3,705,900
'

1

4,40.^,300

10.672.700

11,144,200

2 8,963,100
s

3,934,900

15,920:600
1,852,600
4,595,400
3,499,600

1,365,700
36,551.700

5,357,400
17,467,200
4,896,000
931,300
2,743,500

2,076,500

745,300
1,408,900
3,305,100

2,153,500

2,296,000

4,226,300
1,653,400

3,438,000

4,741,900

4,122,400

1,S07,300

1,679,300

1,9 Mi, 100

8

20,200

*698

THE CHRONICLE.
Turds.

1882.
Yards.

42.*30,000

31,CM.500

0,797,000

0,239,800
00,470,700

Exported to—

1981.

Brit mil Intlitv—

Bombay
Madras

Bengal

89,031,100

Straits Settlements

11,412,200

Ceylon

1883.
Yards.

42,411,700
9,124,700

83,51 5.500
1 1,900,000

10,120,700
1,303,200

0,009,100
21,235, LOO

1 1.973.100

22,202,800

1,3 >2,500
9,553,400
22,502,000

bleached

200,0 43.200

210.352,800

20 1,802,500

Total printed,dyod.or colored
Total mixed materials, cotton

111,850,900

111,013,000

1

1,457,100

3,108,100

1,577,200

Australasia
Ollier countries

Total unbleached

or

predominating

•.

Grand total

379.357,200

Other manufactures of cottou show
Lace and patent net
Hosiery of alt sorts
Thread for sewing

3,4 18.710
77,419

1,151,030
uO,8H7

5,207.003

4,931,215

£

lbs.

a

1,932,500
381,222,000

fellows.
2:0,103

The wheat trade remains in

value of

as

1881.
180.480
73.04 7

£

Other m’fs. uneuiimeratM
Tot. value of cotton m’l's..42

331,073,900

IS, 187,GOO

elusive, together with the countries whence those, supplies
were derived, compared, with the three previous seasons :
!
Wheat, j
:
,

1882-S3.

17 5,51

United States
Brit. N. America

Franco'

87,<>39
1,251.300
84.0 18
5,102,075

90.5 11

dull and inactive state, and the

2 ,'jH

1 1,407
1.279,803

(,'hili

Turkey
Egypt
British India
Australia
Other countries.

Total

3,0:>7

i.318,3

1,332,038

32 4,< = 17
**

800

979,978
3,710,909
2,801,027 )
80,008 )

40,792,587

< /

.()i 10,034

2,210,801
0,093

925,527

05.324
4

«*>

512.910

1,449,753

48,210,251

(hot.

3.957.181
23,301,028

2,090.170

>,7 •> 1

5,210
930.028
221,010
2 19.010
7,92 >,53 t

1,1 8*2.732
549,872
5,038,93 1
770,397
02 >,038

1379-0.

Cud.
1 189,593
28, l 7 i,«‘»80

5,737,453
23,390,1 27
1,703,547

1.751,908
2,729,*200

Germany

1880-lSl.

Ctrl.

2 7,312,977

....

8

1831-82.

Cirt.
0,957,937

From—
Russia

1883.

18.82.

[ Vol. XXXVI.

1.925,048
1,059,721

1,311,436

4*2,712,100

Flour.

Germany

..

.....

.....

fureige-grown produce has declined to the extent of

Total

.....

..

1,278.80 l
200,031

1,09 1.519

....

France
United States
Brit. N. A meric,a...
Other countries

132.1:02
9,0'4.8 14

’

855,371

7*28,3 47

201,085

222,706

4.7*2l.7o<>

0,0 >4,017

209,231
2,e9l.510

101.017
1,015.709

32 5.9 >4.

1,701.033

204,918
1,277,720

13.155,725

8.010.927

9.793.090

7.S23.127

5.330.138

6d. to Is. per quarter. Arrivals from abroad have been large,
and there havingbeen fair deliveries of home-grown wheat, the
markets have been abundantly supplied. Millers have there¬

showing the estimated value of the
cereal produce imported into the United Kingdom during nine
months of the present season—viz., from September to
May

fore been

inclusive

cautiously and only to supply their
immediate wants. This is in fact the only course they can with
reason pursue, as there is certainly no prospect of
improvement,
supplies, actual and prospective, being more than equivalent
buying

very

to the demand.

The weather

Annexed

is

:

£25.0*22,135

1 830-^1.
£21,52 1,933

3,099.22!

4,279,091
2,587.808

3,989,883
2,185,001

080,8'4)

582,941

790,725

809,091

489,023

' 783,31 L

5.919,733

5.331,345

7,020,857

1882-83.
.824,304,022

Wheat

Barley
Oats
Peas
Beans
Indian
Flour

return

a

1831-82.

4.975,559
*

corn..

1879-ip
£25.0*24,972
5.2.30,290
3,033,356
043,256
831,104

0.521,79$
0,577,829

10,303,320
0,705,071
7,808.240
during the early part of the week continued
Yery biiliiant, but there has been an easterly wind and the
Total.... £50,704.953
£14,998.979
.£14.927,010
£49,002:705
night temperature has been low. Latterly, it has had an
The value of our imports of wheat, has therefore slightly
unsettled appearance with some rain. This will benelit the diminished, compared with last season, but the value of Hour
spring-sown crops, which are decidedly in want of moist ure, shows a large increase—viz., of £3,050,000, owing to* very large
Should the weather be as forcing duiing the next few weeks as import chiefly from the United States. As regards
spring corn
it has been of late the harvest which promised to be so'much the increase is also somewhat important.
behindhand will be, if anything, earlier than usual. In early
English Market lie ports—Per Cable.

distiiets in Sussex—one of

our

f rwaid counties—wheat,

was

commencing to bloom towards the close of last week, and in a
few days the process will no doubt be general in the South of
^England. Hops are growing* so fast that the tyers have to
woik hard to keep pace with the plant.
The following quantities of wheat, Hour and Indian corn are
estimated to be alioat to the United Kingdom :
•

Wheat
Flour.
Indian

"At present.

1981.

2,018,000

1,99 5,<00

220,000

128.000
590,000

4 35,OjO

395,000

corn

1S82.

Lost week.
2.115,000
225,000

qi*s.i,955,<;00
190,0 0

OOo.GO)

The extent of the sales of home-grown wheat, barley and
oats in the 150 principal markets of England and Wales during
the first

forty weeks of the season, together with the
prices realized, are shown in the following statement:

average

The daily closing

by cable

Wheat

qrs.‘2,11 s.U5 !

Barley

:

1,938,585
259,200

Oats

1831-2.
1,0:4.12

>

1,0 28,951
20),085

AVERAGE PRICES FOR TIIE SEASON

1882-3.
s.
d.

Wheat

Barley
Oats

1881-2.
&*.
d.
40 7

33

5

32

.21

3

21

1
2

1,139.210

100,302

143,510

,

Silver, per oz

(per qi\).
1880-1.
s.
d.
43
32

0

24

1

9

1879-80
s.
d.
40 0
35 10
22 8

The total salesof horn j-grown wheat since the commencement
of the season in the whole Kingdom, in cwts., are estimated to

have been

as

follows

:

1832 S3, 36,723,000 cwt.; 1S81-S2, 23,016,-

500 cwt.; 18S0-81, 24,840,600 c vt.; 1879-8?, 19,740,310 cwts.

Tucs.

*

50 q
loo q
Ua) q

0q
1007, H

<t.
100 V

Consols for money
Consols for account

11 hj 11,
IOc-'h
Fr’ch rentes (in Paris) fr. x 78*75:78*80
U. S. 5sext’nVl iuto3h2* x 10lh> 105 J3
115
U. 8. 4^s of 1891
115
121 >3
U. 8. 4s of 1907
x 121
Chic. Mil. &. St. Paul
107q
107-44
39
3812
Erie, common stock
Illinois Central
37
130 >4
N. Y. Ontario & West’11.
28 '*3
28
01 q
01 :U
Pennsylvania
301.4
Philadelphia & Reading. 30 J-j
1

Sat.

Liverpool.

ft.
d.
12 0
8
8
Wheat, No. 1, wh.
“
9
0
8i>ring, No. 2, u.
“
9 0
Winter, West., u
“
9
3
Cal., No. 1 .....
“
8 11
Cal.. No. 2
“
5
3
Corn, mix.. West.
“
Pork, West. mess..$ bbl. 83 0
Bacon, long clear, new.. 49 0
Beef, pr. mess, new.^te: 80 0
Lard, prime West. $ cwt. 57 0
Cheese. Am. lines!
CO
0

Flour (ex.

125

2.)

112434

Mon.

State).. 100 11>.

•

Tucs.

S.

ft.

8.

12
8

12
8

9

0
8
0
0

9

3

9

8 11
2*a

5
82

0

48

0

85

0

50
00

0
0

9
9
9

d.
0
8
0
0
2

Wed.

Thv.rs.

5'‘7i*>

78'9*2 In
105 >8
1 15
121 >8
107 >4
38 q
13 5 c4i
*- 8 :q
01 q
30

'

1879-80.

1,370.4,SS

Mon.

Sat.

-

New York Central

1880-1.
1 133,457
1 177,735
,

as

London.

SALKS.

1832-3.

quotations for securities, &c., at London
provisions at Liverpool, are reported
follows for the week ending June 22:

and for breadstuffs and

Fri.

1001.4

icoq

5(i Cq
lonq

icoq
78*85
10 5 >4

1« 0*2
78*8(1

79 ().->

10514

io5q

115
1 2 1 q
I< 7q

115

115

12

i*2iq
lonq

IN;. Lj

q
u oq
38>q
135q

2 7-"'8

27^8

01

co'q
29;q

‘275s
(1058
29 5g

1*2244

123%

503*

387s

23*78
123%
Wed.
s.

12
8
9
9
9

Thip's.

d.
0
8
0
0

12
8
9
9

2

9

s.

d.
0
8
0
0
2

100 q

387s
135q

Fri.
8.

12
8
9

9
9

d.
0
8
0
0
2

8 10
8 10
8 10
8 10
5
lh- 5 0h> 5 Ik 5 2
82 0
82 0
82 0
82 0
47 0
47 0
47 0
47 0
8.5
0
85
0
<5 0
85 0
55 0
51 0
54 0
5 4 0
59

0

58

0

58

0

58

0

(Commercial aucl IfcltscclUmeoms items

The

following return shows the extent of the imports of cereal
Imports and Exports for the Week.—The imports of last
week,
compared with those of the preceding week, show an in¬
produce into the United Kingdom during the forty weeks
The
of the present season, compared
with the corresponding crease in both dry goods and general merchandise.
total imports were $10,430,270, against $7,033,370 the pre¬
period in the three previous years :
ceding week and $8 502,838 two weeks previous. The exports
IMPORTS.
for the week ended June 19 amounted to $7,153,823, against
1S82 3.
1881-2.
1850-1.
1879-80.
$5,9S3,727
last week and $0,445,021 two weeks previous. The
Wheat
cwt.50.514 990 65.8.3.073 4 1,743,9*25 45.754.583
1
10,8
4
2,428
fallowing
are
the imports at New York for the week ending
9,093,0ns
1.555,42 2
Barley
13.831.9*20
Oats
7,391.833 10.912,020
11,309,290 11,219.0 18
(for dry goods) June 14 and for the week ending (for general
Peas
1 019,318
1,744.500
1.792,983
1,537.202
merchandise) June 15; also totals since the beginning of first
Beans
2.097,530
1.8** 1,773
2 1 13,821
1.411,827
.

Indian
Flour

15,901,321
13,103,018

corn

SUPPLIES OF WHEAT

10,907,377
7,102,081

20,418,* 00
10.080,878

2! ,785,955

week in January

7.998,109

AVAILABLE FOR CONSUMPTION—40 WEEKS.
-

18S2-3.

Imports of wheat.cwt .50,51 1.990
13,i03,01S
Imports of flour
Bales of home-grown
produce
30.723.000
Total.

100.70LOU

1881-2.
45,13.073

1880-1.

1879-80.

43,74 3,925

45.754,833

7,402,081

10.080,876

7,9)8,10)

29,010.500

24.810,000

19,740,310

82,292,254

73,071,103

73,499,302

Av’ge price of English
wheat for season. <irs.
Visible supply of wheat

41s. 7d.

in ihe IT. 8
hush.20,100,000
Supnlyof wheat&fV>»ir
afloat t > U.H ...<irs. 2,310.0)3
...

4Gs. 7d.

438. Cd.

9,400.006

15,000,000

2,343.00)

2,10 1,00)

The

40s. 0:1

20,4)0,0)0

fol'oving return show; the extent of the imports of
United Kingdom during the nine
months of the present season—viz from September to May inwheat and Hour into the




,

:

FOREION IMPORTS AT NICW

For Week.

•

Dry goods
len’l uier’diso..
Total

.

Since Jan. 1.
Dry goods
Gen’i mer’dise..
Total 21 weeks

YORK.

1883.

1880.

1881.

$1.139.291

$1.1 94,033

$1,879,1 48

0,300,199

0,754.401

9,03?,976

$i;40p,020
9,020,669

$7,*-. 05,490

$7,919,127

$10,9 IS. 12 4

$10,130,279

400.027,050
178,185,3:0

$50,095,785

$63,251,229

148.317,539

174.80*2,887

$50,979,113
154,0:7,885

1882.

.

$233,81 2.370 $199,013,324 $238,114,110 $211,050,998

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 19, and from January 1 to date :
...

Juke

CHRONICLE.

THE

23, 1883.3

For double track from New York lo Van

'KX FORTS FROM NKW YORK FOR TUB WEEK.

.

Hianeh from Baldwin’s place to
For the

week...

reported..

Prev.

170,745,577

Total 24 weeks $180.52(5.870 $178,0 1 9,1501

$7.1 53.823
157,145,209

$7 034,879

$7,709,059
170,310.512

4 9 781.293

140,307,15 5
+

147,402.030 $1 (>4,299,032

The following table shows the exports and imports of specie
at- the port of New York for the week ending June 1(3, and
since Jan. 1, 13S3, and for the corresponding periods in 1882

and 18S1:
EXPORTS AND IMPORTS OF SPECIE AT NEW

YORK.

Imports.

Exports.
Oold.

Since Jan.1.

Week.

Since Jan 1.
.

$

$7.G00

$

itain

Great B:

$1,955,779
104,220

Germany
West Indies

20,080

Mexico
?outh America
Ail other conn tries

CO.VdO
$4G,U<

Total 1883
Total 188J
Total 1881

1,011,203

2,0(;o.«'<>7

2 olo Vo

5,500

12 998

519.579

9,000

20,135

102,225
.87,285

4,915

120,171

$217,100

$20,9 43

$4,801,127

1(5.239

5 (>(>.020

18.230

27,138.371
195,353

2

28,140,397

7,809

Silver.

Great Britain
France
Germ;,n
•West rut*

$20,00 i

$5,981,922

33.730

341,094

$

v

240.230

108.711

4,925
0,308

1,499.219

808

5,538

$20,571
52,401

$1,998,300
1,309,970

89,003

1.525.170

151,423
120,< 00

1881

3,220
3,7 U

2,700
$02,430

Total 1883
Total

14.230

39,041

Mexico
South America
All other countries

$<>,35 .',021
5,395,'i l it
5,070,503

exports during the same time $21,503 were
and $800 American silver coin.

American gold coin

Exchange.—Quotations £°1‘ foreign exchange areas follows,
of leading bankers:

the highe-o prices being the posted rates

Prime bankers’

Demand.

Sixty Days.

sterling bills

on

London.

Prime commercial

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

•

|

4 81

85+2

4

s i *4

r‘i ft4
63
ft>\
4 r 3 *4 d) 4
5 2 )no
40
a
9 i Tj it

4 86
Till ti)
87
a)4 87 bj
4 8 0 bj d> 4 *7
5 17 bj (h 5 15
4

83 4,
1712
40*4

40j4/7>
95 JH J'

95

[j. IS. Mull-Treasury.—The following table shows
and payments at the Sub-Treasury in this city, as
balances in the same, for each day of the past wees:

4<ib>

955y

the receipts

well

as

the

balances.

Date.

Receipts.
$

June 10..
18..
•

“

19..
2P..
21,.

“
“

901,523 79

1.370,561 08
1,449.900 ('8

Payments.

Total

..

75,eOO

V*

‘ $875,000

Northern Pacific.—The executive committee of the North¬
Pacific Railroad passed a resolution calling upon the
Treasurer and General Auditor of the company to furnish a
statement of the amount of net earnings due the preferred
stockholders for the lineal year ending June 30, 1883. This
action is supposed to be pre iminnry to the declaration of a
dividend to the holders of preferred stock, but no definite
action in regard to a dividend lias been taken.

Ooin.

$
$
1,067.139 73 113,915,407 71
1,3*<2.185 17 113,787.200 35

1,523.187 85 113.807.-09 04

903.259 33

9 40,709 38 1 1 3,055.8 5 9 4‘*

1,007,011 00

1,0 28,910 13 113.509,079 25
905,223 99 113,531.170 90

Richmond & Danville.—This company has this week issued
May statement of gross and net. earnings on all the lines
operated by it, from which and previous returns we have made

its

the following:

up

.—

(;y oss Ear at r. '/.s'.—,

Net

DK2.

1 S'S3.

-V< if/ —

Currency.
$
7.902,875 90
8,045479 17
7,955 702 11

8,004,570 29
6.130,014 97
8,247,803 82

Earnings.

] 883.

1 s 82.

$207,• 87
137,7(»l»

$203,380
110.225

( liarl’t’n Col. A Aug..
Columbia A Gre'euv...

47,m(H
37.308

4 1.0VJ
3 *<2)87

West. No. Carolina...

27,523

Ui.977

$117,108
52,131
s,«Mo
Dcf. 5,577
9,502

Total
Jan 1 to dale —
Richmond A Danville.

$517,8-15

$182,021

$182,173

$108,813

$1,50(5,1 15 $1,444,03(5
597.914
512,73(5
29(>.< 0 4
Aug..
3 40,(58 5

$700,350

$423/ 90
4 1(5,551

Richmond A Danville.

Virginia Midland

ClmiTl.’n Col. A
Columbia A. Greenv...
West. No. Carolina....

78.(502

OF the above imports for the week in 1883, $0,555 were
American gold coin and $L4,150 American silver coin. Of the

June 22.

Mahopac.

Virginia Midland

.

s

tiOc.OJO

%

ern

,

Week.

100,000

Yonkers branch

1883.

1882.

1881.

1880.

Cottlandt, 4 miles...

Necessary equipments, tools, &o

222.(537

335,1 13

302.1(57

1 (>7,032
131.100

123,103

73,709

41,803

$75,s72
38,080
2,DUG
Bef. 9.7U6
4

,001

74,512
<>O.S6t>
Bef. 2,1)68

Total
$2,911,90 J $2,034,832 $1,203,030
$702,951
Shamokin SunbuPy & Lewisburg.—This road extends from

Shamokin, through Sunbury and Lewisburg, to West. Milton,
Pennsylvania, where it connects with the Oatawissa Railroad,
forming the connecting line in ihe new system of railroads,
uniting the lines of the Philadelphia & Reading Railroad Com¬
pany

with those of the New York Central Railroad Company.

between the several companies provide that the
traffic interchanged between the Philadelphia «Si Reading and
the New York Central railroad companies shall pass over the
Contracts

Shamokin

Sunbury & Lewisburg Railroad, at charges for

transportation pro-rated wiih'those of the other companies.
The line has just, been finished, and it is thirty-one miles long,
embracing an iron bridge twenty-live hundred and nit ely feet
in

length,

over

the Susquehanna River, at Sunbury, and iron

bridges over the Shamokin and oilier streams. It is laid with a
single track, but all masonry, including that of the Susque¬
hanna Bridge, is c instructed for a double track.
The cost of the line has been $2.2< (),()()() in cash. Represented
by the first mortgage above, $1,000,000; fully paid capital
stock, $1,000,000.
Expenditures above $2,000,000, including future cost of second
track when the same may be necessary, will either be repre¬
sented by additional capital stock, or half by stock and half by

second mortgage bonds. There are now offered for sale $1,000.000 of the fiist mortgage 5 per cent bonds.
[See advertisement
for particulars J
Toledo Cincinnati & St. Louis.—This company has issued a
circular in relation to an exchange of its income bonds for pre¬
ferred stock, which will be entitled to- vote at stockholders’

meetings equally with the common stork, and which will be
issued in shares of $50 each. Twenty shares of the preferred
To al
0,021,503 42 *6,973.410 25
stock will be exchanged for an income bond of $1,000, or par
for par. It is reported from Boston that the exchange of
Above payments include $107,COO gold certittcatcs taken out of cash.
income bonds for the new preferred stock is goirg on rapidly,
N. Y. City & Northern.—At a conference this week of the
and there seems to be a fair prospect that the opportunity will
committee of bondholders of ilie New York City & Northern
be taken by the income bondholders, the preferred stock having
r oad and representatives of
Ihe junior securities, the terms of as
good a chance for dividends as the incomes for interesr, and
the plan f<»r the re-organization were not finally decided upon.
The circular is as follows :
The N. Y. Times reports that the agreement has been pre¬ having a voting power in addition.
“

22..

988,101 49

*

pared, and will piobablybe executed in a few days, and the
road taken out of Receiver Leary’s hands. The Time ssays :
‘•By the teiins of this agreement the control cf the road will
wiih the hn!d> rsof the iiist nmrtga o bonds, who will make
important improvements and operate the read tor ihe benefit of all
concerned.
I lie funded debt of the New York City <fc Northern consists
of neariy $1,000,OCO first mortgage bonds and $'.000.0(0 second mort¬
remain

gage

bonds.

The litst mortgage bonds

include $‘.274,0( 0 7 per cent

30-year bonds, and $3,0^5,hub consolidation mortgage 0 per cent 30year bonds. The holders? of the second mortgage-bonds do not appear
in the proposed ngi cement. A committee of lirst, mot tga.ee bondholders,
of which II< in y Villanl is Chairman, bus been considering lie matter
of leorganzing the affairs of ti c eompanj' for some, time, tind the plan
now proposed i* as f« llows: The present lii st mortgage will be, increas d
to $1.8 0,0( 0, the additional ill. ee-quaiters of a million to bo a pre'fencd st em iry bearing (J l er t ent interest f nm the date of its issue,
and the $i .000,000 to take on the character of an income bo ml for a
certain pe< iod, probably not t > exceed live, yeai h.
Tile past due interest
on the $l,0i 0,ol0 may be funded
into preferred stock at the option of
the Imhb-r.
“Of the new isiue of $670,000, the ogr<einent provides tint tlie
present te st. mo: tgage bondholders shall take two-thirds and the junior
securities om-tliiid at par. These new bonds will control the road until
it is in condition to take cate of nil its km unties
With the $850,000
thus raised it is pro. osed t. • build an extension of t be road from 1 lie Van
Corthumt station to Getty’s Square..Yonhers, a distance of about three
and a ha.f miles. Nearly one and a half miles of t liis will be an ele.vatod

.

road, passing through the village of

Yonkers. Other needed improve¬

particularly in the matter of rolling stock. It, is
expected that if the agreement as ir now stands is signed, the wo:lc f
icorganizat'on will begin within 30 days. Flic original line of toad
runs from High Bridge to Brew storks, a distance. of 511g miles, and the
West Side & Yonkers Railroad, which is least d and operated by the
New York Cit v & Northern, nmkcR.the Total length o' the road a trifle
more liau 521e miles. ‘ The West Side «fc Yonkers road extends from the
Eighth avenue terminus of the Metropolitan Elevated Railroad to High
ments wilt he made,

.

'
Bridge.”
.
Thu contemplated extensions and improvements
made are said to embrace the following :




which will be

“To the holders of the inenue bonds of the Toledo Dclpiins.de Bur¬
lington Railroad Company, 1 ho Toledo Cincinnati & st. Louis Railroad
Company, the Cincinnati Nortli.rn Railway Company and the Iron
Railroad Company :
Ihe above corporations having, by action of their common stock¬
holders, been consolidated into one cm poration, called the Toledo (tin
cinnaii A St. Louis Railroad Company, it is now necessary for the carry
ing put of the terms of the consolu^ition, that i lie mcmii •. Loads held by
you should be. exchanged for preferred stock. as provided by ihe terms
of the consolidation.
This preferred stock is cut it led to vote at stock¬
holders’ meetings equally with the common stock, and will be issued hi
shares of $50 each, twenty (2( ) shaics of preferred stock bring issued
in exchange for each income, bond of $] ,000. <>r par value for par value.
This action of the stockholders has been approved by this Board, and
we unhesitatingly advise Die holders of a’l ine< me bonds to make this
exchange immediately, believing tlieir own good and that of the com¬
pany.is best promoted by 4his plan. Income, bonds should be sent to
Ilerbei t Steward, Treasurer, loom 24 Equitable Building. Boston, who
will issue and send you the preferred stock as r< qnesh d.
B< nds which
have been register, d must be transfei*vd ,o bearer bcfoie any exchange
can be made.
By ol der of t he Buanl.
IIeiihsky Steward, Trcas’r.
E. B. rmu.irs, Eros’t.”
If the company is successful in exchanging the incomes
“

“

for

preferred stock, the capitalization will stand at about

$30,000,000, including $10,200,000 lirst mortgage bonds, $13,000,000 preferred stock and $9,000,000 common stock.

—Attention is called to (he city railroad bonds offered in our
advertising columns by Mr. J. P. Wintiingkam of this city.
Mr. Wintringham makes a specialty of gas and bank j-ix-ks
and city railroad stocks and bonds, in which line lie has been

engaged for

a

number < f years.

Auction Sali s.—The

■.

or never sold at tie
at auction this week by. Messrs.

following, seldom

Stock Exchange, were sold
Adiian H. Muller & Son.

800 Shares Bronx Wove and Leather G unpanv of
50
American Railway Signal Company
“

N. Y, $75 each.. 30
j...

2%

THE CHRONICLE,

700

against $8,637,400 on the corresponding date of last year. But
during the past week it is presumed the banks have in¬
creased their loans, as it is understood some pretty
large prep¬
arations have been made for carrying stocks.
It is also safe
to assume that in view of the unsettled feeling at
Chicago the
banks at that point have drawn on us for some
currency; hut
on the other hand the general flow of
money to this centre

^tue flankers' da^ette.
DIVIDENDS.

The folio wlmr dividends have recently been announced:

When

Name of Company.

Books Closed.

Payable.

(Days inclusive.)

from the interior lias suffered scarcely any interruption.
The Bank of England continues to gain in specie, the
in-,
crease since May 16th now aggregating £2,283,000/ in view
of
which there is reason for expecting a lower rate of interest

Railroad*.

r

Inly

2 June 16 to

July
$12 50 July

2 June 21 to
2 June 17 to
1 June 30 to

3*2

Albany & Susquehanna
Boston Kev. Beach A Lynn

3

Boston & Lowell

Canada Southern
Chic. Iowa & Nebraska
Connecticut River

o

Altg.

4
4

July

Lily
fitly

2Tj

Georgia (quar.)
Bake Shore A Mich So. (q ear.)

o

Michigan Central
Old Colony

3
.Vo

Oregon & Transcontinental (quar)

1^2

Allg.
Aug.

Rensselaer A Saratoga. .:
Rich. Frd. A P. on stk Adiv.oblig.
St. L. Jack. A Chic.,com. A pref..
St. Paul A Duluth pref
Wil. Col. A Augusta

$5

"Wilmington & Weldon

3

July
July
July

4
O

3^2

| July

3

Ba n k t>
Bank ( f America
Bank of N. Y., N. I>. A
Bank of No. America

;*Lily

I Aug.
'July
!

July

Aug.

though the discount rate remains unchanged at 4 per cent*
During the last week the Bank gained £697,000, and increased
its percentage of reserve from 39% to 41 per cent.
The Bank
of France continues to lose gold, the loss being 16,000 franca
this week; but in silver it gained 2,225,000 francs.
The following tabie shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.

June 17 to

15
1 June 30 to

1 June 30 to
2 June 16 to
16 June 26 to
June 16 to

11 July

Aug.
Aug.

July

1 to

1

1883.
June 10.

10
16
Loans ana dis.

•

5
4

July

July
July

t>

2 June 23 to
2 J une 20 to
2 June 21 to

July
July
July

Bowery Nat

5

July

o

Central Nat
East River National
Fourth National
Ilauover National

4

July
July

2 June 22 to

July

July

2 J line 22 to
2 .Tunc 23 to
2>J une 17 to
2; June 10 to
June 16 to

July

4
4

—

3

Importers’A Traders’ National..
Ir\ing National

7
4

Mechanics’ A Tradcis’ National..

Merchants’

!

Exchange National..
Metropolitan National
National Bank < f Commerce
National Citizens’
National Park
National Shoe'A Leather
Ninth National

3

!

Mercantile National
Merchants’ National

J.j

3
3 Jo
3

5
4
3 i‘j
r»
4

J

illy

Lily
i

uly
1 uly
I illy

Jll'V

2|June 22

3’a
5
4

July
July

3%

July

Brooklyn Trust Company

4
4
4

NEW

YORK,

21 June 23 to
22 to
2
i- June 20 to
2 June 20 to

Oriental..
8t. Nicholas
Tradesmen’s National
ill ifcceilancouM
Central Trust Company/
Wills. Fargo A Co. Lxme*s

2!

July*
July
July
July
July
July
July

j June

.

Legal

Surplus

Juiy
July

and

July
July

July

to July
July

F1MD.V Y*

July
.July

JUNE

i 599,825
321,700

$76,153,000

$8,791.050 Dee.

$278,125

$8,637,400

In teres 1 June
Periods.
10.

a month that certain houses'were carrying a !1
products which was evidently straining their re¬
sources : but it was considered possible that a spell of bad
j
weather, either here or in Europe, might strengthen the 1
markets enough to carry them through,
and therefore
it
could
not
be
assumed
positively
that
they
must
fail,
and
any
statement
to
that effect in
print would not have been warranted by the circum¬

sip for nearly
load of those

’

than
at

the

failures

for larger amounts
thought likely to be the ease, and this fact alone did
time in the last few days cause a very decided unset¬

was

one

tlement of confidence in financial affairs at the West,—-so much
that on Tuesday a good many of the country banks tribu¬
tary to Chicago began to draw their balances on deposit with
the Chicago banks.
The scare, however, was of sjiort dura¬
tion and that phase of it disappeared on Wednesday.
As to the influence of the failures upon the trades particularly
affected, the important fact may be kept in mind that
there lias been very little loss to any merchant in legitimate
trade, for the reason that exporters,* millers and consumers,
knowing that these prices were artificial, have kept out, and
have been carrying scarcely anything.
In fact, that is the
reason why the speculators failed, viz., because the
legitimate
trade, neither here nor in Europe, would take hold.
At least one good effect has followed these failures, and the
resulting large fall in the prices of some of our chief staples
of export—it lias placed these staples on a legitimate trade basis;
and the expectation that as soon as the foreign markets recover
so

$3,008,400

*

not wholly unexpected, as it had been public gos¬

now

9L085.300

mains firm, and a further fractional advance is to be noted in
the 4s and the 3s.
The closing prices at the N. Y. Board, have been as follows:

1SS3-5 P. 1U.

provision trades doing business in Chicago, during the last

stances.
But it is to be said thathave occurred, they turn out to be

84,790,400

eign purchasers. On Friday the rates for actual business were
as follows, viz: Sixty days. 4 84%(a'4 85; demand, 1 88(714
88%j
cables, 4 89(44 89,4; commercial bills, 4 88/pa4 88%.
I nited States Ronds.—The government bond market re¬

1

The Money Market and Financial Situation.—1The fail¬
of five or six large speculative firms in the grain and
were

$86,076,900

$79,4 22,550'Inc
bS,213.600 Inc.

ures

week,

314,307,600
13.174.300

of

2! Line 26 to July
2 June 23 to July
16'July
3 to July 16

22,

394,012,000
26,905,500

stocks, and upon inquiry it is learned that some consider¬
able amounts of Illinois Central, Pennsylvania,-and several
other stocks of that class, are being steadily absorbed by for¬

4
1

—

July

397.200

within the same time there have been some security bills in
the market, which it is presumed were made against purchases

2|June
24 to July I
2
j. —

2,399.300

25,913.8 90 j Dec.
.

1881.
June 18.

Exchange.—The market for sterling has continued weak,
on Tuesday the posted rates were reduced from 4 86 and
4 89/2 to 4 85}o and 4 89.
It is noted that in the last few days
there have been freer offerings of commercial bills; also that

o

2 June 23 to

reserve.

Reserve held.

1882.
June 17.

$611,500 $317,405,000 $3 16,560.600
718,900
57,881.900
75.611,000
18,502.0 Mr139 400
19.305.300

317,090.200 Lie.

Legal tenders.

July
July
July

21 June 23 to

62.263,800 Lie.
15,802.400 j Dec.

Circulation...
Net deposits

8

Dijer'nces fr’m
previous week.

$32!,718,100 Inc.

Specie

i

'July

VOL. XXXVI.

June
18

June

June
19.

June

June

21.

22.

20.

5s, continued at 3^.. Q. -Feb. *103*8 *103*8 *105 *8 103*8 *103*8
112*4 *112 •'4 *112*4 *112*4
4^s, 1891
..reg. R- -Mar. •112*1
* !
4kts, 1891
12*i
coup. Q. -Mar. M12*4 *112*4 * i 12 *4 *112*4
L 1 S 78 119
118 'O.
48,1907..
reg. Q -.Tan. *118^ no
i 19
11 3 7h 119 ~8
coup. Q -Jan.
119-8 120
46. 1907..
3s, option U s.. ..reg. Q -Feb. *103 *8 103*4 "l 05 ‘8 10378 *1037g
•

*

.

.

•

•

•

•

v

..

.

t>s.

our’ey,

6s, cur’ey,
Ss, cur’cy,
6s, cur’cy,

_

•

1 895 ..reg.
j 896 -.reg.
1 897 ..reg.
1 893 ..reg.

6 s, c nr’ev. 1 899
*

T 62\

J.

J.
J.
J.
J.

A
A
&
A
A

J.
J.
J.
J.
J.

*12 7
*128

*129
*130

*131

*127
*123
*129
*
130
*131

*127
*123
*139
*130
*131

*127
*128
*129
*
1 30
*131

* !
*

Oy

1 28

*129

*1(3*8
*112*4
*112*4
J19
120

*1037s
27
*! 28
•r.

*4 30

*129
*130

*131

*131

This is the price bid at tho morning board; no sale was made.

State and Railroad Bends.—The railroad bond market lias
been dull throughout the week, and the tendency in prices has
been downward, though only in the speculative class, the bet¬
ter class having remained about steady.
The most business
lias been in the West Shore bonds, which have remained
firm.
Texas & Pacific (Rio Grande Division), Atlantic &

Pacific and

East Tennessee income bonds have each had

moderate amount of business,
cent lower and the last l) /.

the two first of which

are

a

1 per

Aside from these there have
in other bonds at lower
prices, viz.: Richmond & Allegheny firsts are 5 per
cent
lower; Texas & Pacific
incomes,
2%;
Virginia
Midland incomes, 1%; Kansas & Texas seconds, lb2; Ohio
Central firsts, 1%; Denver & Rio Grande consols, %; Rich¬
mond & Danville debentures, 1%; and Wabasli general mort¬
gages 1 per cent.
Among those which are higher are
Northern Pacific firsts,
which have been exceptionally
strong during the week.
In State bonds there lias been an unusually small business
from the first effects of the decline on this side, there will be and prices have changed but little.
an increased export movement, is shown in the
Railroad and Miscellaneous Stocks.—As mentioned in
declining ten¬
our article of last week, there had been an advancing market
dency of foreign exchange lit the last few days.
Advices from several points in New England say that there for stocks
up to Friday evening, the 15tlr, but on Saturday,
has been an increased demand for dry goods, that many mills the 16th, the market was
depressed from the effects of heavy
now have larger orders ahead, and that orders of two weeks
failures in the grain and provision trades at the West, notably
ago could not be duplicated at the same prices.
that of McGeocli, who was trying to effect a corner in lard ;
From some quarters there are reports of an improved condi- and while6these failures had but little direct connection with
tion in the iron trade, and No. 1 pig, which was offered a the stock market, they disturbed confidence in financial
month ago at $20, cannot be bought now for much less than affairs at the West, and started a decline in stocks which con¬
$22 per ton.
tinued until there was a turn for the better on Thursday, the
The money markets of this country not only continue abun¬ 21st, after which time some
improvement in prices took
dantly supplied at low rates of interest, but also show the place. The extreme decline up to Wednesday was about 1 to
effects of the expectation of large interest and dividend dis¬ 5
per cent, the greatest fall being on New Jersey Central, to
bursements after the first of next month. Call loans on stock 84.
The improvement since Wednesday leaves the market
collaterals on the Stock Exchange have ruled at 2 and 2% per generally lower for the week, viz.: on the active stocks from
Time loans on the same collaterals have been
cent.
freely 1 to 3%. Illinois Central was quoted ex-dividend of 17 per
offered, for six and seven months, at 5 per cent per annum. cent, being the amount of the
scrip dividend in the stock of
Rates of discount for mercantile paper remain nominally un¬ the
Chicago St. Louis & New Orleans Railroad.
changed at 4 and 5 per cent for first-class double names and
At to-day's meeting of the Vanderbilt lines, the Lake Shore
5 and 6 for first-class single names.
declared a dividend of 2 per eent quarterly, and the Canada
The last weekly statement of the averages of the New York Southern and
Michigan Central 2 and 3 per eent, respectively*
banks showed no important changes from the previous week,
semi-annually. The statements submitted, at the meeting will
and the surplus reserve stood at $8,791,050 on June ltith, be found on another
page.




only

been

straggling

sales

.

railroads
Boston it N. 5

.

8‘2 U

Air-Line, 1*1 of. 5

02 y
Of
10 4
SO
75 y
"20

Canaan Faritie

Canada So-.ithern

Cedar .Falls *.

Minnesota

Central of New .Jersey
Central Pari lie
Chesapeake it Ohio .....

Do

l>re.f.

102 4 ISO 4
*151 -1514
125 :,4 120

prof.

Island it Pae.ilic
10b
Louis it Pittsmrg *184
57
57

Chicago Rock
Do

Chicago St.
'

]>ref.

404

Paul Minn. & Gin.

io5 y

prof.

Do

Cincinnati Sand, it Cleveland.

I O

121 4
•18
55
46 y

125 4'

'4

It* 4
58
'
47

4
105 4

*<»‘>

5** ”*4**

1274 128 y
46'4 4 t ’'a
*9 4
:iS H

0 4

isy

*0

10
42

*82

1324

184

'18

5(j 4
47
|

ha

•

•Thi *7*44

74

..

1334
314

53 4

Louisville it Nashville
Louisville Ne w Albany & Chic
..

18

18-U
10

oy
184

53 y

524

84

10 y
42
06
95
107
*103
73
*70
133 4
80
4 30 4
20

*04
*■
K

1*0*7
*70
133

49** 40**

30

00

00
08

07

MichiganCentr.il

•10
40 4

Milwaukee L. Sh. it Western
Do
pref.
.

52

53y

*85
40
27
43
00

00
40 4

53*4

07

05 a.1

*85

40 4
27y

Missouri Kansas it Texas
Missouri Pacific
Mobile & G;iio

424*’
Mqrris it 1-Ns’X
50
NaahyilleChuttauoog.i it Kt.L.

122 4
11
25

New York Central it 11 udsrm.
New York chic, it St. Louis..

pref.

XS

New York Luck, it Westin ..j
New York Lake Erie, it West.

,

Northern Paeiiie

;

Do
pref
Ohio Central
■Ohio it Mississippi

!
|

SO 4

35

314

314]
101
i

103
10
•124

l;

25
108
*95
*87 4 88
37 4 15 S
80 4 80*0
31 -J
25

81
t) 7)

20 G
42 G

2/ y
7 4
20
42 '4

y

V 7

52

g

90 y

89

y

11 y
3. > tj

14

74

52
80
11
35

*‘2

87h

1,850

174

1,300

74

50
00

4

*a7
31
103

28
41
*90

52 y
39 4
50
00
50
23 4
44
07

06

07 4

10 4
41
26
*56

274
58

5.1*4

16

....

300

*03

05

1,1*0*5

73
133*4

3/200
27

......

30 4

304
314 324
1104 my

524

*4*0

78

70

5iy

1,(500
7,035
75,385
4,200

524

8 ),000

48 4

484

1,300

100

40

*85

*484
28
.

4

..

*484

404

28

28

*03

00
*11
45
26

12

444

414

26

26

26

30

304

00

064

07 *4

44 y

074
.

i*6o*6

45

2

t

:,-i

no
120g
*104 11

SS'.j!

■

4

80
31
177
/
~

88:2

so
3 s
SO
•J
•

>

3 7

70

•

177
2S

y!

i

27
8

A

20
42 «.j

42 y

52y
09 4

524

51 y

52!.s
01)

1 1

104

16 4

35

354

334

90 y
10 y
35

89

104

10 4
31

10 8

804
3t

*80

25

80

SO

334

31

26 y

27 4

soy

.

*■
.

*4*2

*41

4

y

514
89 y

*a

26

y

7 4

8
20
43
52 y

*20

oiy

00*8

894

104

10*4

10*4

liU

33 h

sty 854
104 20 4

814

85y

10y

854
214

50y

5 7

58

574

oi)

y

'•

\j i>

134
20

50

•Philadelphia it Beading
Pittsburg Ft. Wayne it Chic..
Pdcli.it AIlcgh.,st'ck trust, ctls.

*

si

h'
4;

5s 4

Kiclimoud it Danville
Richmond it West Point
Rochester it Pittsburg
:
t3t. Louis Alton it Terre Haute

o a

4

1 <0

4

214

84

27 y
74
20 4

coy
33

100

100y100y

O.i i

20
20
*95
125
85 4 85G

y1

^

84

1264 127

130

1304

co y

i'ooy;
*i*o6 * 12*6*1

85 4

!

!

87y1

85y

1314

1

39

85y 86y'

4!
1314 132

4,300

8jy 87y!

15 4

2,031

!
72,807 1 704 Feb.

i

.

63 4:

j

8y

2

2 i4

128

|

ID.

69 y June 15:
3.»y Apr. 16

122

65 4 Jan.

Feb. 10 123

May 18
>50

Mar.

6

300

Cameron Coal




are

IS
270
14

200

04

5 4 Feb.

.

hid and asked;

no

sale ’was made at the Board.

t Ex-privilogo.

-

„

1024 1194
10y; 304
37

128

55

I63y

324 4834

171

51!
133
9!; 00
6|j 62

June 21! 1125

Jail. 15
Jan.
4

Fell 10: 35 4.j an.
2 2804 June
Feb
Jau.
Feb. 271 18

8.
13 240

4 Jan. 12: i

4 Mar. 26,

..

tho prices

944
46 y

|

7

Apr. 10;

owrmmtt Minion

These

884,
60 4

664
704 1064
26
424
68
004

27y.Tan. 1PM
10
Jan. 19 i

1 5
Apr. TD 17
Mar. 27; 14
124 M

I

64

374

j 100 4
! * 434

145

144
624

lil
76 U
51 834 J unci4; i 76y 934

»34 May 17

I

13

Excelsior Mining
Robinson Mining
o»lvorCliff Mining
Standard Consol. Mining

55
31.

23; 134 Juno 13 117
14! 0 4 Mar. 3, | 8
261 46 4 Mar. 6|j 40

1264 May 5D35
Jan.
8S
Mar.Hi 044 June

*2-4

Pennsylvania Coal...'

Central Arizona Mining
Deadwood Mining

i

63 ’a

154

154

...

i

.

*24

IS

’

186
31 y

Apr. U
May 10
Hay LO
Jan. 20
H.ine 11

112 y Apr. 141 i
Mar. 27 25 Jail. 171 i
June 14 '
Mar. 1 3 110
May 26 01 4 Mar.
Feb. 20 150
June 141!
Jail. 25; 414 Apr.

30
17
Feb.
7 4 J une
37
Jail.
37 4
4 Jan.

00

1*123
1

500

80

1

*24

'24

0

»!'

'

130 4 1304 *129 4 131

!

1O0 ; 174
12
55

1,608

.

•83
00
*62
65
127 4 128

‘>7

100
Feb. 1(5
rO
Mar.
J an. 13!
Jail.
5

May 28.

2i 204

764
64 y Feb. 26
1,725 ! 28 4 Feb. 7
1,405 j 105 y Feb. 13

85y

85

<) i.,1

*1204 132
80
00
*62
65
*125 4 128

*120G 133
*80
00
*62
65

-

y

* *4*2 y' * 4*i y ’ *4*‘i*4' * 4*2 y * 4*2

| *36

874'

.

HI

Ontario Silver Mining

6!)

ibo

'AlO

-Tin

30

Homestake Mining Co
Little, Pittsburg Mining
Mariposa Land and Mining

Maryland Coal
■tfew Central Coal

30 4
45 4

09yI

.

„

944

go
coy coy
30
32 4
204 01
100410.) 4 100
100

41 y
130

EXPRESS.

at ted States
Jj
Wells, Fargo & Co
COAL AM) MINING.
Consolidation Coal

03y
20 4
414

'

Do

American

y!

304!
44 4;

*J9
20
*10(5
120
83 4 83 4
ai

13241324! 132

pref
Western Union Telegraph...

04

„„

■Quicksilver Mining

Adams

|

140 4 150
42 4 42y

Paeiiie Mail
Pullman Palace Car

38y

434

„

MISCELLANEOUS.

374

123-V138
104; 174

10;j 20 4 50

520

04
20 4

lo!LS3

354

5,650 ;f 1144May31 1604 Apr. 16'jl084 1664
35,605 i 344 May 21 43 Jau. 18 | 31
55
18
1,000
May 8’ 27y June 14 1 15
°*
' " | 3L
084 1194
120,8-0
014 Feb. 711044 Jan. 18
25 4 M ay 21
35,350
364 J an. 18 23y 39y
45 y 71 y
40 4 May 17
44,117
57 4 J an. 18

122y124
38 4

5

4

1124

110 4 1os
47
; 874

Mar. lo

Jan.

77

80 y
12
|

Jan. :>
1 une 11
Jan. 22
Jan.

364

21: a, 424

June
48
Jan.
3 85
87
May 14 103
Apr. ID
20 4 Feb. 28 364 May 3Pi
48
Feb. 23 504June 2
Feb. 28 100 4 Jan
80
40 y Jau
35
Feb
01
Feb
974 June 16 !

2,000

10
100

37

,

,

**400

122 4 123 4

-

41 '.j
60
374 Fob. 20 404
284 514
44y Feb. 20; 53 y
00 y
00,805
70y Feb. 20 00y lime 14
6(54 1004
uy
4,437
9 y Feb. 16j 144 Apr. 13, Jl y 25>y
20
33y
Feb. ll! 364 A nr. 13: 2 7
7,400
| 42
06
Feb. 161124 June 13
904 112
11
800
uy
10
234
Feb. 2i 144 Apr. 24
60
854
084
2?, 173 ; 70 Feb. 201 80 Jan. 19
304
21g;
1,425
16 4 May 22! 2s
Jau. 1 N
674
58 y 122,725
494 Fob. 20 614 I une 15'! 46
130
183 130
May 31! 134
Jan. 16; 130
40
500
0
June21
-154 Apr. 16:1 13
2,700 47 Jan. 13l 67-y Mav O'! 52 ,250
39
Julio 2 ; 23
21
Feb. 16
263
6,000
6,750
164 Feb. 16 23 Apr. 4! 17 4 364
52 y

.

Oregon Improvement Co
Oregon Railway it Nav.Co

6 4 May
J u he
18

500

200

Do
pref.
Do
1st pref.
€t. Paul it Duluth
Do
pref
€t. Paul Mmneap. it Manitoba
Texas <t Paeiiie
Texas it st. Louis
Union Pacific
Wabash St. Louis it Pacific...
Do
nref.

.I.in.

214 Mar.

1,312
25,32!

1

American Tel. it Cable Co
Colorado Coal it Iron
Delaware it Hudson Canal....
Mutual Union Telegraph
New \rork it Texas Land Co..

100

500

21
4
16
20,! .-*14 584

Jan. 18
Apr. 0;

vi
3i)yMayl7! 524
Jail.

13,3 17

pref.i

6t. Louis it San Francisco

| 02

304 Jan. 18 5 10
OS 4 J an. 13 j 50

274 May 13
ty
5)74 Feb. 20! 100 y
200
15
Feb. 1(>| 104
120
Feb. 15 j 125)4
*2*0*0 50 4 May 17! (51 y
82,320 111)
Jmie211120y
1,820
10
Feb
154
‘.'3
Feb. 71 35
1,050
101
Jan. 13 105
*66*3 85 4 Mar. 1 804
130,110
33 *8 May IS’ 40 y
1,020
75
Feb. DO' 83

1,871

pref

•Ohio Southern
!
Oregon it Trans-Continental..'
Peoria I) oc<11 u r & Evansville..!

Feb. 20

3

1 7

26 *2
*

*74

y

*05

•■'.874
31 4

70

20
42 G
52 *4
00

8
29
43

52

17,054
21,250

1104 i2oy
104 uy
■24 4 20
05
108
S7 4
884
3 7 y :;,s

*23 4

33

'
I

8

■•

22y Feb. 20

Jan
18
48 4 Jan.

’

120 4 121 y 1104 120y
11 4 n 4
10 y 11
I
1
2a '-a
24
214
*05
108
10.8
0,5
j
8 i
3 7

Mai

050
100

16

16

June111

.....

23 4
0 i
57
30 y 3o y
1024 103

1014 103

16

1,100
3,020

2,700
1,000
12,800

......

.

02
06 *4
*10

00
50
28 y

44

0

,

100

......

57 4
30*4 31
loi 4 102 y

3iy
1034

10
42

*70
133

30
30*4
28 4 32
110
111 *4
75
77*4

*

114

*0
A

1*324 132*4

30 >4
28 4

*184

45
05
08

y
174

......

00

40*4
27 y

8

! * 12 4

1214 122'4
11
1 1 4

yj

27 *8

20

I

10

32,300

454

22i 40 4 Mar.
17 84 Jau.

05 4 024
5
140
1204.1 uno 2 142 Jan. 20 133
50
104
31
Pea. 20! 084 May 9
34 Jan. 20[
3y' 21 y
7 4 Mar. 5
1184 Feb. 10 1314 Apr. 13 110 41504
514 May 3
384
30y Jan.
“
82
Mar. 12
814June 5 92
11 4 Apr. 13
8 y Feb. 21
23
144 Feb. 20
Apr. 14
5
Pel). 0 10y Apr. 12
Mar. 0 464 Jan. 17
38
72
Jan.
3 074 May 5
104
Apr. 13 200 Jau. 20
70
May 20 824 Apr. 5
*1324 1’lie 21 148 June 14' 1274 1504
Jau. 22!
77
Fob. 17 81
30
25
494
May 17 35 4 Apr. 9
33 4 Jan. 18, 234 45
20
Fob. 10
08
1204
100y Feb. 1(5 lUyjan. 18
Jan.
Juno 22
00
2 70
404 65
40 4 1004
58 4 Jan. 20:
47 y May 21
08
78
39 4 Iune20
Jail.
51 57
40
53 y Feb. 9
40
Mar. 21
(504
82
Jan. 13
81 4 Apr. 5 5)0
984
40
56
Fob. 10
444 May 2 53
15
37
28 yj une 22
15
Feb. 2 1
55
Jan.
8
Feb. 10
424 824
,7 7 r 03
May 17 03 June21
105
77
Feb. 201100 y Jail. 10

500

3(58,375

46 y

0
18
9
42
05 y
200

05
*103

95

504
304
*48 4

45 4
-1

4

127 y 1284

50

122

27y
42*4

.j *104
28 4!
58 G

oS

Do
pref.
N<cw York it New England ...I
New York New Haven it Hart I
New York Ontario it Western.i
New York Su.sq. it Western...|
Do
pref.,
Norfolk it Western, pref
i

07 4

404!

108
87 4

'OS,

00

•27 4
*57 4

••27 4
*57 4
31 4 314
x103 y100 4

pref.

44
*00

43

4*6*4 *444
28 >.i
58 4

Minneapolis it St. Louis.

18
0
*

28*8

1

Memphis it Charleston
Metropolitan Elevated

*84

......

80

*40 4 40*4 *40*’

404

—

Do

38
May
07 4 May

2*850

75

4

4

126U 128
46 y 46 y

0
18
04

IS
0 4

......

48

4

5

1114 lDjy 111 y ii2-y 100 y illy
744 744
744 7 5
744 744

*74

Long Island

*4

127*8 128»a
4(J ls 464

.,

....

85

oy

94

02 G 034
103
200
*70
74
133
133
80
80
30 4 304
20
20

/o

5

127 y 128 4
46 y 47 4

42

05

*103
Harlem
*70
Houston <t Texas Central
;1.j34
Illinois Central
I)o
leased lino....
314
Indiana Blomn’n it Western
Lake Erie it Western
Lake Shore

Do
New York Elevated

1324

4 >4
1054 103

*75 * * 7*5 * **7*4*4 754 *724 *744

7(5* ■

......

0 4
18 4
*0

it St. Paul
Hannibal'it St. Joseph
Do
prof

Do

27 4
Fob. 201374 Jan. 22,
gj 1454
i-»i>
1154 Feb. 20,i20y Apr. 13! 1204 HI
150,200
07 y Feb. 20 1084 Jau. 20
004 1284
2, 150 IlOyFeb. 7 122 Jan. 91 1144 1444
124
1*28
53,110
4 Feb. 2 1-104 Apr. 13
1504
705 143
Feb. 20,157
175
Apr. 13 130
5,003 118i
Feb.
I*
on. 21!
/1,12
/ ‘4 j
1274
Jan.
an.
o
" 122
1404
12,712
18
May 31! 22
*>> Apr. 21
312
54
Apr. 20| 574 Mav 10
2.000
44
204 584
May 21! 55 Jau. 18
2,410 102 4 M iy 211134 Jan.
074 117
130

0,312

104 4
120

150 4 *150
124
I 124 4

4(>y

*4

Creen Bav Winona

Manhattan Elevated
Do
1st pref.
Do
common
Manhattan Beach Co

133 y
151 4

15

12141 121
104 4
120 4

*

pref.

—..

132 4
1514

106 y 1014 l()i:J4

128 4 120 4
47 4 47 y'

it Ga
East Tennessee Va.
va.it

Do

*2j4
135 4

*

ClevelandCol.Cinn. it I ml
Cleveland it Pittsburg, guar..
Columbia it Greenville, prof..
Columbus Chic, it I ml. Central
Delaware Lackawanna it West.
Denver & Rio Grande
Dubuque it Sioux City
Do

47

7a y
l ‘j 4

•30

20
135 >4 1054 *105
| 124 4 12 D4 124

!
12.1
Qmney.j 10.7 4 io,vy
lo14 io.'»y
St. Paul 1,1
*
120 G 120 4 120 4 i2oy

Northwestern

Chicago St.

85 y
*

:>o

2d; pref

Chicago it Alton —
Chicago Burlington it
Chicago Milwaukee it
Do

-• —

Istnivf...

Do
Do

Chicago &

-

t Ex-dividend of 17 per cent in stoek.

1494

974
804
132

THE CHRONICLE.

702

fVol XXXVI.

QUOTATIONS OF STATE AND RAILROAD RONDS AND MISCELLANEOUS SECURITIES.
STATE

BONDS.

i

AskJ

Bid.

SECURITIES.
1

f

1

:

Aikansas

1

7s. Nlemn.it L.Rock HU
*7s. L. R.P.B.it N.O. HHi

40

7s. Miss. O. it R. 15. RR.

u r>

7s, Arkansas Cen 1. RR.
fmiiiici lent— Os, 5 8.S3-4..

18
103
105

13

Os, due 1887
Os, due 1888

51

35

;

22

j

’87

109

old, .T.itJ.

110
1 IO
113
i 1 5
117
30

do

Do

!
'

*

:< j
i)

-

OG

05
00

7s, consol., 1914
7s, small

Funding. 1894-95
Hannibal it .>t. Jo.,’80.

Os, loan, 189*1
Os, loan. 1892
Os, loan, 1893
N. (’and in a — Os,

I
1

New

1

A.itO
Chatham Rlt

130

t

Special tax,class 1, '93-9

.....

Do
Do
!
Consol.
i Small
Ohio—

......

..4.

1

GS,

Wil.C.it lilt. R.
W’n it Tar It.

4s, 1910

i

4
4

0

4

0

4
79 »4

80 4

!

0
;
1

78

•>

4

39 '0
44
3(5

r7

irgima—Gs. old
(is, new, 18GG
(is, new, I S(>7
(is, consol, bonds
(is, ex-niaitired coupon.
(is, consol., 2d series
(is, deferred

’

45

30

3G
GO

39
43
9

ii
'****"

Email lmnds

Registered

j

Funding 5s, 1899

small
re istored

Jk>
Do

1 '

110

4()

3-GGs, 1924

1

(5s. coupon, 1893-09

»!?

*064

District of Columbia—

......

xlOO

(is, 1880....

104 b
39
39 4

scries, 1914

new

X

v

Rhode I sland—

O.)
•-

Western RR...

\
consol’n (is. 1893
...

0

..

toW.N.C. RR-

Do

|

.

class 2

Do
Do

......

.

bonds, J,itJ., 92-8

n

1 cnticssee—Os, old, 1892-8
Gs, new, 1892-3-1900

12
12

10
10
10
10
34
5

IK)

......

‘

q>

non-tundable, 1888.
Brow

130

1808-ISOS'

;
......

3t >

Os. old. A.A-O.

1.).)

cou

Uo

New-York—

TOO'.,
113

1890.’.

---

(is, Act Mar. 23, 1809 )

p’s off, A.itO.
Funding act, 1800-1900

102 4
108 4
100 4
111
li:;
115
12 L
109

Os. due 18VI or 1890—
Asyl m or Univ.. due’92

j

1 (16 1.1

Ask.

South Carolina—

.

Do 7

Os, due 1880

-

10
40

Bid.

;

No Carolina lilt., J.ifeJt
Do
A.itO
t
l)o 7 coup’s off, J.it J

11G

j

..

7 si 1 old,
Louisiana

GO V 1

584

—

6s, funded, 1899-1900
7s, Ij. Rock it Ft. >. iss.

SECURITIES.

~

1 1N. Carolina—Continued—

t Louisiana—Continued —
83 a,
84 1
Ex-matured coupon —
84
M iclman
11)2
103*4
7s, 1890
84 4 87
M issouri —
108
Os, due 1883

Alabq.mil—
Class A, 3 To 5.190G ...
Clads A. 3 to 5, small...
Clarts B, 5s, 1906.
Class C. 4s, 1900
6s, 40-208,1900

Ask.1

Bid.

SECURITIES.

I

1
-

1

AskJ

Bid.

SECURITIES.

......

...

--

■

w~

IMILSiOAO

BONDS.

v w
1 st.tis. l 92 t
10M-b 102
Mimi.itst.L.—1st.7s, 1927 *119

iRouie w'.itUg.

lsl,7s.'91. 109 1
lsl, cx. 5s, 1922... 1
71V 72
iIowa Ext.—1st,7-s, 190';' 117
Roch.it Pitt. —lst.Gs. 1 irj 1 3 (»G 4 107
(AHack Lirelitivge 1‘riax.)
'
103
: Rich. iV Al.—1st. 7s. 1920
2d. 7s, 1891
7i4 75*4
Ala.Cfcntral—1 st, Oh, 1018
1204
99
S’th w. Ext.—1st,7s, 1910 *10078 1 10
j Rich.it Danv.—Cotis.g.,Gs
99 V
Alleg-v
—1 st, 6s, 1 5*22
•
I
101
*191
‘4
Pac. Ext.—1st. (is. 1921
GS
Debenture Gs, 1927
A Hr. * Susq.—1st, 7s...i 11 1 4
Atcli.T.it. S. Fe—1 ‘a, 10H0
G834
82
83
110
Mo. K.itT.—Gen.,Gs, 1920
Atl.itCh.—1 st, p.. 7s.,’97
2d. 7s, 1885
1 101‘s 10.T
Sinking fund, Os, 1011.
I neomes, 1900
109*4 109 4' !
Atl. & Pac.— 1st, Oh, 1010 ------ 101
1st.eons.,guar.7s.1906,*]22 ^ 125 ! Cons. 7s, 1901-5-0
1
GU
1
l
113
59
Cons.
1
2d.
st. eons.. Os, 1000
income, 191 1.
SciotoVal.—1st, cons., 7s.
Balt.* ().—lst,6s,Prk.Br. ill-4
\
944
1
i
st. L. it Iron Mt.
11. it Cent. Mo. -1st.’90
I’e.ns. * Sar.—1st, coup.1 135
1st, 7s 115
Bust. II.illf. * K.—1st, 7s,
106 4 107 4
10G
Mobile it < )hio.—New. (is.
108
1 st, reg., 1021
2d, 7s, 1897
Guaranteed
| 135 I
99 V Denv.it RioGr.—1 st.1900
1111 hi
Collat,. Trust, (is, 1892..
Arkansas lie.—1st, 7s... JUS
1084
Mur.O.Hap. it No.—1 at-,5s; 00
05
Cairo it Fulton—1st,7s.
: 11
Morgan’sIai.it T.—1 st, (is
Mimi.&st.L —lst,7s,gu 125
j! 1st consol., 7s, 1010 ...j 94 41 05
120
s
1 *5 4 10G4
Cairo Ark. it T.—1st, 7s
Nash.l‘hat.itfst.L.—lst,7s
IowsiC. * West.—1 si, 7s
Denv.So.P.»tPac.—lst,7s.j
'
102
103
70
77
Gen. r'vit 1. gr., 5s, 1931
787a
2d, Gs, 1901
774
C. Rap. Ia F.itN.--1st,Os’
j Den.* RioG. West.-1 st.Gs!
* IK
105
88
113
‘.i St. L. Alton it T. 11. — 1st.
N. Y. central—Gh. 1887..
1st, 5s, 1021
SjDet.Mac. it Marq.—1st,Os *
101
103
7
<3
1
1
1
V
4
103*4
!
Del),
*8
certs, extd. 5s..
2d, pref., 7s. 1894. ..*...
Buf. N.Y. & Phil.—1st,Os
!j Land grant, 34s, 8. A..:*
*
1 o2
105
N.Y.C. it If.—1st, cp.,7s 13 L
2d, income, 7s, 1891
Central Iowa—1st,7s, ’00 110 1
jlE.T. Va.it G.—1 st.7s, 1900,* 118
131
132
1
15
77
122
h>
BeHev.itS.
HI.—1st,8s
I
1st,
reg..
1903
Char. Col. it Aug.—1st,7s,"HO
os.
1st, cons.,
1030
.;----St. P. Minn, it Mail.—lst,7s
Iluds. R.—7s, 2d,s.f..’8"* lOD'rf 105
1104
dies it Ohio—Our. m’yfil.! ....
1 91*8
J Divisional 5s, 1030
t!an. So.—lst,int.g’ar.5s 100*4 100 4
2d, (is. 1909
lEliz.C.ifc N.—S.f.,deb.c.0s:
1084
tis, cold, series A, IPOS.;
5jg
1-8
107
Dakota Ext.—Gs, 1910..
107*4
Harlem—1st, 7s. coup..
6», gold, series 1 i, 1003.
V-"!1 1st. Os, 1020
1
128
05
4
Min’s U11.-rlst.Gs. 1922.
1st, 7s, reg., 1900
(Js, ftimncy, 1018
1 51V 51*8 'Eli/.. Lex. it Big S.—6s...I
120
1*.
St.
it Dill.
1 Erie—1st, e\tended.7s...I 1*22
1st,5s, 1931
!:N. Y. Elev’d—lst,7s, 190G
Mortgage (is, 1911... - - -J - - -So. Car. lty.—lst.Gs. 1920
104
N. Y. Pa.ito— Pr.l’n.Gs.’95
2d,extender!. 5-k 1010..I 107
Chicago * Alton—1st. i s. j~2
50
115
100
4
N.
101
Y.C.itN.—Gen.,Gs. 1910
i 2d. (is, 1931
Sinking fund, Os, 1000. *113
4th, extended, 5s, 1020 J 100
;>0
53
!
Trust (*0., receipts
5th, 7s, 1888
i Tex.Cen.—lst,s.f.,7s,1909 *1074
La. * Mo. Kiv.— 1st, 7s.;*118
i*107
*11>7 4 109
1 st cons., gold, 7s, 1020.! 12 7-a 128
!:N.Y. it New Eng.—1st, 7s
i
1 st mort., 7s, 1911
2d, 7s, 1000
i ----,Tol. Del. it Bur.—Main.Gs
...iw:.
1 t cons., fd. coup., 7s .
!
Bt. L. Jack.* Chie.—1st *1U ^
1st, Gs, 1905
j
191-V
1st, I)ayt. Div., Gs. 1910
! ---- N. Y.C.&St. L.-lst,Gs,l 921 101
1st, guar. (504),7s,’04 117
Beorg., 1st lien, Os,1008!
79;i4 79 7« ! 1st, Tei-’l trust, Gs, 1910
N.Y.W.Sh.it I5uff.-Cp.5s
I,one Dock li’d-. 7». ’93. HO hi'
2d (300), 7s, 1808
j
j
85
85 *4 iVa. Mid.-M.iuc.9Gs. 1927
N.Nr. Susq. it W.— 1st, Gs
034
Iiuff.N. Y.itE.—1 st.l 910 * 120 hr
2d, piiai.. (188i,7s,’03.
*05
77
Waii. St. L. it P.— Gcn’l.Gs
77 V
If
N.Y. L.E.itW.-Ne*,v2d 0 ,K
i 08 f Debenture. Gs. 1897
Miss. ft. Br’ge-1 st.s.f.Os!
130
94
95
i‘iiT-2
83
V
Chic.
83*4
I Bnf.itS.\V.—M. Os, 1008,
Div.—5s, 1910
C.B.A.Q.—Consol. 7s, 15)03!
[ Midland of N J. -1 st.Gs
100
'101*4
85
Nevada
Ilav.
1004
102
Cent.—1st, Gs
I)iv.—(is, 1910
! Ev. itT. II.—1st. cons.. Os
6s, sinking fund, 1001.. *101M
1110
107lU 'y
Tol. P.it W.— 1st.7s, 1917 I OG
107
FI’t * I*. M’rq.-M.6s, 1020 110
la. Div.—S. r., 5s, 1010!
; N. Pac..—G. 1. g., Ist.cp.Gs
8'i 4
87 '-2 Gal. Har.it S. Ant.—1st, 0s| lOi'u 105
I07 V
89
Iowa Div.—Gs, 1921
3. F., 4s, 1010
Registered, Os, 1921
85 4 80 4
N.O. Pac.—1st. (is, g.,1920
89*'d 89 hj
Denver Div.—4s, 1922..
1'
linl’polis Div.—(is, 1921
2d..7s, 1005
}
8! -j
Detroit Div.—Gs, 1921..
Norf. it W.-G’l, Gs, 1931. JOL
Mcx. it Pac.—1st, 5s. ..I
t
4s, 1021
Cairo Div.—5s, 1931
2d. Os, 1931
1
82V
C. R. J.«tP.-Gs,ci».,1917;
1*20-8
[Ohio it M iss.—('oiisol. s. f. 119 4 120
*84
120
92
hi 85
Consolidated 7s. 1898
Gr’n Bay W.its.P.—1 st.Gs:
Wabash—M., 7s, 1909..
(5s, teg., 1017
*125 >i
.
120
3
113
1'.
108
4
1072d consolidated 7s, 1911
Tol. it W.—1 st, ext.,7s
Gulf (*oi. \t S.Fe—7s, 1009
Keo. <t Dos M.—1st, 5s ! 10 *
107
1
1 st, Springfield Div., 7s 119
120*4
1U1»4
1st, Sr. Ii. Div., 7s, ’89 ',00
Central of N. .1.—1st, ‘00. J 110 hi 1107s 11Ian.it St. Jos.—8s, conv..! 100 VI07
87
100
2d, ext., 7s, 1893
let eonsol. assented,’00 i 15:V 11578 1 Consol. Os, 1911
fill .Ohio Central—1st, Gs, 1920
,*
i HnnsLct T.C.—1 st. M.L..7S
'Ill
!■ IskTer’l Tr., Os, 1920... *85" 8G
Conv., sissented,7 s, 100*2 114 r*a
Equip, h’ds,7s, 1883.. *50
90
Consol, conv., 7s, 1907
954
| 1st Min’l I)iv., (is. 192L.
Adjustment, 7s, 15)03.! 104 4 105
V14
S3"
110 i'Oliio So.—1st, (is, 1921
Gt. West.— 1st, 7s, '88 10GV 10/
1 st, Waco * N., 7s
Leh.it W.B.—C* n.g'd.as!
105
10!
2d consol., main line. 8s 120
AnuD’k*Imp.—5s, 1021! 80 j Ol
2d, 7s,1893
jiOreg’n.tt 'al.—1 st.Gs-,1921
96 'a 96V
rOr.it Trans’l—0s.’82-19^2
Q. it T.—1st, 7s, 1890, lUU*g 101
C.M.* St. 1\—1st,8s. P.D.' 13 1 *je!l:i2
2d, Waco ,t No.,8s, 1015. --1
09
91
92
lliin.it Naples— 1 st,7s
General, Os, 1021
: —
2d, 7 3-10. T. ]>., 1808..! 12L 1
fOteg. Imp. Co.—1st, (is...
Del. A*. II.—Continued—

Railroa<l Ronds.

M 11.

:

.

Coup., 7s, 1804
+H7
Rig.. 7s. 1804
1 11G4
1st, Pa. Div..cp.,7-0917
Pa. Die., reg.. 7s. 1017..425 4

Com.

'

’

.

—

.

—

•

.....

......

......

.

....

......

.

......

.

.....

......

.....

—

if

-

.

.

-

...

i

te

...

.....

,

,

.....

,

......

..

..

.....

.

.

.

lstv7s,$C., it. I).. 1002.| 127 I
I'Hons.E.itW.Tex.—lst.7s *100 100 1H Panama — S.f.,suli.Gs,1910
102"
1st, LaC. Div.,7s, 1893.: 120 j
U 111.Cent.—Sp.Div.—Cp. Os'
jiPeoria Dec.it Ev.—1 st.Gs *
10!
i Evans. Div., 1 st.Gs. 1920
1st. i. & M.. 7s, 1807... * 1 23 ; 124 Jj Middle Div.— Reg., 5s..
k
* ,Peoria it Pek.
12!
102
C.si.I,.* N.O.—Ten.l.,7s *117
1st* I. * I>-,7s, 1800 ... *'•”
1
U’n—lst.Gs
1st consol.. 7s, 1807
K
;AO«> !!.'Pac. lilts.-Cell. P.—(i.,Gs 1 1 5 f*0 U6
1st,
* M.. 7s. 1003... 125
IJ
123 4 124
!
Sail J-iiaquin Branch.. U>9
Consol. 7s, 1005
2d, 7s. 1007
*116 hi'
j
101
Cal. <t Oregon—1st, Gs 105
!
Gold. 5s. 1051
|1"5 4
2d, 7s, 1884
'124
hi'
State Aid lids., 7s, ’84 lDDaj
2d Div., 7s, 1894
1st, 7s, 1.* I). Ext,,1008
j ....
llOG
Land grant bonds. Os.! 105
6. W. Div., 1st,Os, 1000.! 108‘a' 109 hi
Ceil. F. it Minn.—Is'. 7s 112
West. Pac.—Bonds, 0s I H3
1st, 5s, Lac.it Dav., 1010
00 |07 hind. Bl. it W.—1st nrf. 7s;*117
8
i J‘2<
83
105-V
So. Pac. of Cal.—1st, Os. I
1st, S.Minn.Div.Gs, 1010 109
1094b 1st, 4-5-Os, 1909
: S'1*
’1st, H. it I)., 7s, 1910
! 120 j 2d, 4-5-Os, 1909
! 70 I
Union Pacific—1st, Os..! 115hi!
00
! 92
Ch. «t Pac. Hi V.,0s, 1010; ......il 13-Vj East’ll Div.—Gs, 1921 ..J
Land grants. 7s, ’87-9. *
‘.Ill
i ilniliahap.D.itSpr.—1st,7s 100
lsLChic.itP.W. ,5s. 1021! 90 4;
Sinking funds, 8s, ’93.} 117 V
92V 01
Min’l Pt. Div., 5s, 1010.!
j 1 IS
Registered 8s, 1893.
2d, 5s, 1911
.i
j
I
..

....

i

_

..

C.it

Wis.it Min. D.. Gs, 1021
C.& N’west — S.fd ,7s.’85
'Interest, bonds, 7s, 1883;
Consol, bonds, 7s, 1015.
ExWuh ii bonds, 7s, ’85.
1st, 17a, 1885

Coupon,gold, 7s, 1002..
Retf.,.gold,’ 7s, 1902
—

Collateral Trust, Gs... 1 10G
94
ilo
5s, 1907! 94
Kans. Pac.—1st,Os,’95: •109
10
1107
1st, Gs, 1390
Den. I)iv.,Gs,as’d,’99‘ 107 V1074
1st consol., Os, 1919.1
99 41100
l..
C.Br.U. P.—F.c.,7s,’95|

! Int.it

L.Sup.I)iv.,5s,1921!

Gt.No.—1st,Gs,gold; 108 jlOS;b:
92;h1 f Coupon, Os, 1909
i 80 | 80 4
—!1
Kent’kyCon.—M.,6s,1911;
|
L.Sh’re-Nt.S.itN, I.,s.f.,7s: 104 V

02

100

.

100 1

132
''105
*100
122
*122

}

i

I

.

7tj 123*4
7a
-

Clove, it Tol.—Sink, td.i lu7 4’
New bonds, 7s, 1880..!
1107
Clove. P. it Ash —7s
123
Buff, it Erie—New bds. *120
Kal. it W. Pigeon—1st.

..

4

fund, Gs, 1929. 111*2
Det.M.itT.—1st,7s.l906
I.ake Sliore—Div. bonds 120" 123"
1114
Sinking fund,reg
I
i
()2
1„
127
Biukiilg fund, 5s, 1929.
Binkiug fund, reg
I*
‘ 103 4'
Consol., reg., 1st, 7s... 125
Sinking I’d.deb. 5s, 1933:
V 1204
1
Consol., coup., 2d, 7s.! 119
119 V1204
Consol., reg., 2d, 7s...i’r120 jl204!
Milking lund. reg
I
i
*119
Escan’a&
lst,Gs.\*
j 114 ; Long Lsl. H.—lat,7s, 1898;*1
*9
Dea M. & Min’s—1st, 7s!
ij 1st eonsol., os. 1931
j lot)
118
Iowa M idiaml— 1st,8s..j
Louisv. it N.—Coii8.78,’98 116
I
2d ,7s, gold, 1883
Peninsula—1st,conv. 7s.*120
! 100V l02
Cecilian Jlr’cli—17s, 1907 .1...
Chicago & Mil.—1st,7s.! 121
-

’

-

’

1

Mortgage 7s, 1907

MoitIh it Essex.—1st,7s "134

8.5>8 iManhut.B’chCo.—78.1909
:
N. Y.itM.B’Ji—lst,7s,’97
‘

114
115

;

Marietta it Cm.—1st. 7s.i

jlMetr’p’lit’n El.—1st, 1908*
: | 2d, Gs, 1899
.1
jjMex. Cen.—1st, 7s. 1911.1
..

qMicli. Cent.—Con.7s,1902
7«ot 1871, 1901
Consolidated 5s, 1002
1122
1st, consol., guar.. 7s
122 V1 *23
i Os. 1909
i
N.Y.Lack. itW.—1st. Os 117 4 i 18
Coupon, 5s, 1931
Del. ifc H.—1st, 7s, 1881..'*
f 104 4 |
Begi.-tered, 5s, 1931
I
Jack.Lan.it >ag.—Os.’91
7h, 1891
I 117 j 117 4
'Mil.
it No.—1st, Os, 1910.
1st, ext., 7s, 1891
’*
(JIG
^

j

.

No




Ala. Cent.—Inc.

6s, 1918.
Allcg’v Cent.—Inc., 1012.
Atl. it Pac.—Inc., 1910...
Central of N. J.—1908
Col. C. it l. C.— 1 lie. 7s, ’90
...

lteorga’n Tr’st t ’o. Cert.

1

......

•

tV 1

l

•

1 /«

so"

.

•

•

.

.

.

.

.

.

.

*

•

•

.

•

•

.•...•

.

.....

......

.

...

......

......

...

—

■

85
125

......

......

-

85
......

......

i 24

H20

103 4

102 4 |

!

97
......

i>ricc Friday—these are latest quotations made this weofe.

*G5

...

100
98
100 78

1014,

10*6* ’

34
994

......

......

83

4

1,114J Ulbitlil

.

.

......

ioo
109

33

90

Cent. la.—Coup.debt oils.
Ch.Sl. P.it M.—L.g. inc.,0s
Cliic.it E. Ill.—I he., 1907

.....

Loilisv.N.Alb.itc.—lst.Osi 101
101-8
•*8 102

;11G

*128
4!

.

...

ili"

10S4 1994

IN COM E HUN US.
(Inti rest p inutileif c.inu-il.)

.

.

8auduskv Div.—0s,1919
I

Oregon It 15. ,t N.—1st. Os

89

99 4T0U4 Det. Mae. it Marq.—I m;..
3G
35
1014;
! E.T. Y'.&Ga.-1 ne.,Gs, 1931
101
1 EI.C. it No.—2d, inc., 15)70
24
20
104 V G. BiiyVV.it st. P.—2d,inc.
Mo. Pac.—1st, cons.,Gs.!i 1(14
1 110 117 I Ind. Bl. & W.— Inc., 19il)
45
108 4:108 4
Consol., Inc., Gs, 1921..
115
I ml’s Dec.it Spr’d—2d inc
2d, 7s. 1891
98
St. Ii.it S.F.—2d,Gs,(
j Trust Co. certificates..
81
93 V! Lch. it Wilkesb. Coal—’88
3-Os, class C, 1900
444 4b
iiiike K. & W.—lnc.7s. ’99
.97 4
3-Os, class B., 1900
32
4
1st, Os, Peirce C.it O..
rquid’ky Div.—1 ne. ,15)20
42 4
Laf.Bl.it Mun.—I nc.7s.'99
Equipment, 7s, 1895..
81
Mil. Ii. s. & W.— incomes
Gen. mort., Os, 1931.. *10078
105 4 100
Mob. it O.—1st prf. doben.
So. P$,c. of Mo.—1st
45
105 *4
Tex.it Pac.—1st,Os, 19
2d jiref. deliLMitures.
91
3d jiref. debentures
Consol., Gs, 1905
62 **> G4
Income it Ld. gr., reg.
4th pref. debentures
84
81*4 N.Y. Lake E.it W.— i nc.Oif 75
lst,ltioG.Div.,Os,
59
l N. Y.P.itO.—1st inc.ae.,7s
Pennsylvania lilt.—
■*
30
90 V [Ohio Cent.—income, 1920
Pa. (:o’s gu r. 4 4s, 1
Registered, 1921
| Miu'l J>iv.— Inc.7s, 1921
...J Ohm so.—2d inc., Us, 1921 *25 29
Pitt.C.itSt. L.—1st, c.7s
117 4! 122
1st, reg., 7s, 1900
'Ogdens.itL.C.—1 nc„ 15)20
1
GO
Peoria D.it Ev.
1 ne., 1920
2d, 7s. 1913
1
55
Pitts. Ft. W. it Ch.—1st
1*40
Evans. Div.—Inc., 1920
*1334 135
Peoria&Pek.Uu.—Ine.-,0s
2d, 7s, 1912
45
i
-a
Roeh. it Pitts.—1 no ,1921
3d, 7s, 1912
! 127
41
59
124
Rome W. it Ug.—1 ue„ 7s.
Clew it Pitts.—Cons. s.f. 123
70
G9
so. Car. lty.—J nc.,Gs, 15)31
4th, sink, fd., Os, 1892. 110
St. L.it I. if.- -1st,7s, pr.i.a 121
Col. C.it I. C.—1st. eonsol.** 150
C
2d, Os, iut. iicoum’lativo 118
......

90

Louisv.C.ifc L.—Gs, 1931! 100
I L. Erie it W—1st,Gs,1919* *98

M.—1st,Os.1919!

Mut. Un.T.—S.F.,Gs.ml 1

Spring Val. W.W. —1st, Os

......

Leban’ii-Ivnox—(5s,1931 [ 100

Laf. 15l.it

i*l-7

SyT.Bing.itN.Y.-lst,7s-*2d, 7s, 1891
Bonds, 7s, 1900

j
1113 4
‘! 08

!

2d, 3s, 1980

Nasliv. it Dec.—1st. 7s.I
B.itN. Ala.—S.f.,0s,1910

1134

114

87

......

1

t:.SLP,&M.-lst,Gs.l9l8 llo
N. Wis.—1st, Gh, 1930..|
StP.&sS.C.—1 st.Gs, 1919, 113
Chic.«feE. Ill.—lst.s.f.,cur.!
90
Chic.St.L.itf*.— 1st ,oon 5s | 93
1st, con., 5s, reg., 1932.
Col.»t Green.—1st, Gs, 191 Oi 100
2d. Its. 1020
j
Col. IF.Val.& Tol.-lst, 5s
83
Del. L.<trW.—7s, conv.,’92 112

...

......

95
*95

89

*85
81
1 2 1 *4 !25
114
11.44

.....

:

P.—1st,7s,’871*108:2;

Telegraph—17s.1901

.

,

!

2d, 7»i 1907
i 120 h> 125 !
Mll.&Mad.—Ist,0s.l905 *
i 112 :
C.C'.C.it IikPs—1 st,7s.s.f.!
12! 4
Consol. 7s, 1914
j 121
124
C.St.PiM.&(Consol.,Gsi *107hi 108 !

107

109-2

*

>

N.O. it Mob.—1st,Os 1930
E. II. it N.—1st,Os,1919'
General, Os, 1930
;
Pcnsac’la Div.—08,1920;
8t. 1,. Div.—1st,08,1921;

......

1900, reg
N. W.

i

—.

Win.it St.

...

dl

.....

Bin king

*

*92

At.C.&P.—1st,Gm, 1905

111. it So. la.—1 stEx..(5s
St. L. Iv.C.itN. — R.e.Ts
Om. Div.—1st, 7s
Ci'ir’dit Br.— Gs, 10 10
Sf. Cliivs. Br.—lst.Gs
No. Missouri -1st, is.
West. U11. Teh—1900, cp

dr. *

SL’gi .it Ry.-Sor. B.,ine.'94
Plain incomes, Gs, 1896.
sterlin .M t.Ky.—Ine.,'95

2d, Tr’st Co.ct.fs.,ass’il
lst.Tr’t Co.etfs. suppl. *120

St. L.V.ifcT.

St.L.A.ifeT.lJ.— Div. bds
Tol. 1 fel.it lh-1 ne..6s, 1910

H.-lst,g.,7s

2d, 7s, 1898
2d, guar., 7s, 1898

*

j

*■

t Coupons on since 18G9.

92

Payton Div.—Os, 1910..
rex.ifc»i.L.-L.g., i’no. 1920

.••••*

.

80 4
13

*15

...

K1
20

•

.

June

703

THE CHRONICLE.

23, 1S83.J

•F—

Quotations in Boston, Philadelphia and Baltimore.

New York Local Securities.
Insurance ?Slock List.
[Prices by E. s. Bailey, 7 Pine ^t.]

Rank Slock List.

Marked thus c) are
not

PRICE.

PRICE.

PAN IES.

(■QM

Par.

National.

Par.

COMPANIES.

Ask.

Bid.

Bid.

Ask.

150'v 159
127*4

Chatham
Chemical
Citizdas’
City.
Conutleree

262
no
i 23

Fifth

Fifth Avenue*
Eon * t'h
Fill ton

Gallatin
Garlid* l
Germ in Amor ic.trr.
German Exch 1 go-

Gerntauia*
Greenwich*
Hanover

Imp. & Trader^’ —

Irving

Leather Manttf’rs’..

Manhattan*
Marine
Market
Mechanics’
Meclianics’& Trads’

Mercantile
Merchants’
Merchants’ Exch...

Metropolis^
Metropolitan
Murray Hill'

Nassau*
New York
New York County
N. V. Nat. Exch
Ninth
North America*
North River4
Oriental'
Pacilie*

.

—

Park

People’s*
Plienix

100
100
25
2
100
100
100
100
30
50
100
75
100
100
25
100
100
50
100
50
100
100
25

Exchange...
Bowery

Amer.

....

j Brookl*.
Broadway

*127

is;>

11

Citizens’

......

! 40
2001

250
1 55

100

Continental
Corn Exchange-—
East River
Eleventh Ward*—

American

.....

100
25
100
25
100

Chase

12 L
.6 *
1-0

City
Clinton
Commercial
('ontinental
Eaele

■

125

Exch

Republic
Kt. Nichol is*
Seventh Ward

1< iremen’s
Firenn n’s Trust
Franklin & Kinp..
(iermun-American
Genu nia
(Kobe

300

130

Socoml

Tradesmen’s:

99 k*

.

I

145*'

If*6
.

2- 0

e Person

153 ’•_> 1

127

50

165

....

......

106

150

135
...

......

....

135

i 63
170
100
140
25
160
20
50
100 133*2 137
100
125
100 ’1»
100
100
100 !
100 1
40
50 1GJ
100 I
50 103
105
100 j
......

...

......

20

40
Iviucker. ocker
100
Lamar
50
filing fsl'd (B’Klyu)
25
I au’illard
Mituufae. & Build.. 100
Meeli. & Trade s’ ..1 25
50
Mechanics’ (Bklyn)
50
Mercantile
50.
Merchants’
50
Mont.ink ( Bkh 11.)..
50
Nassau (lihlyn.) ...
3 7 '*2
National
35
N. Y. Equitable ...
100
N. V. 1 ire
100
N. Y. & Jloston
100
New York Cit*
5(,
Niagara
25
Nor th River
25
Pacific
100
Park
20
Peter Cooper

145

150

107
1 60

I 11

.

50

People’s

50
50
100
25

Plienix
Relief

......

......

......

1

160
140
! 13
120
90

245
210

70
85

17

1

15
7o
1 10
196
1 .0
1 10
250
1

Republic
Rutgers’
Standard
Star

50
160
100
25

Sterling
Stowe ant
Tr ile>men’s
United states
Westchester

25
25

Williamsburg City*.

10
50

..

Nebraska.
Nebraska,
Nebraska.
Chie.Bml.A

I13.>
V-

i;>

70

1 10
55
110
; 15
130

65

105
135

108
150
92
150
75
G
10
165
108
1G7

HO

145
.0
4
5

155
103
1 GO
liO
15 *
110
1 40
58
75

105
70
GO

20

1,200,000} Var’s

50
20
50
100
500

Manhattan.

Motrnpoijtan-

2.000,000

1,000

Jersey City & Hoboken.
.a

Bonus
Mutual (N, Y.)
Bonds
Nassau (Bklyn.)
Scrip
j
New York
:

100

1,000
25
Var’s
100
10

People’s (Bklyn.)

Bonds
•
Bonds
.i
Central of New York
.

.

Williamsburg

Var’s

25

|May,
I Jail.,

815,000 A.&O. 8 k April,
8 | Feb.
1,850,000 F.& A r.J,
750,000;, k & .1. 7 k .1 an.,

4,000,000!

f. & .1.

2,500,000;M.& s.

5
G

I June,

[May,

’88
’88
’88
’88
’88

Metropolitan (Bklyn.)...
Municipal
Bonds
Fulton Municipal
Bonds

750,000 M.&N.
100

5
G

8,000.000
800.0. 0 J. & J.

1,000

Br’dway & 7 til Av.—St'k.

100

,

Cent .Pk.N.& E. Riv.-Stk
Consol, mort. bonds
Chrisi’pli’r&lOtli St—Stk
Bonds

100

1,000
100

1,000
Dryl)k;E.B.& Bat.’y—Stk
100
1st mort., consol
500&C.
100
Eighth Av.—Stock
1st mlort
1 1,000
42d & Grid St.F’ry—Stk
100
1st mort.
1,000
Central Cross'own—Stk.
100
1st mort
1,000
...

t...

Houst. W.st.AjP.F’y—Stk
Is 1 nfort
:...

Second-A v.—Stock
3d mort
Consul
Sixth Av.—Stock
]
1st limit
Tliird A v.—Stock...
1st m.ort,.:..
Twenty-third St.—Stock.
*

mort......

100
500
100

1,000
1,000

1,000
100

1,000

2,000,000: Q.7-F. ;
2,000.000;J. & J.l

100
1.000

This toiuznn shows last dividend




M.&N.I
500,000 J. & J.'

GOO.OOO
■

n

on

<wm!

•.
• •

,

& A.!

'Uly,
Mav,
July,
Feb.,

n

but date of maturity of

Gen ",
Cons

....

.....

82 k

82V

......

.

*97 Hr
1 66

....

'

165k'

Gi

Sandusky & Cleve.

21

.....

k

.

.

43 k

43

'127

Hi

121

26V

-

....

33

Scrip, 1882
C011 v 7s, R.C., 1893..t
7s, coup off. 1893
©onv. 7s, cp.off, Jan.,’85
’hiI.Wil.& Bill*.—4s.tr.ct
’i ts.Cin.&St.L.—7s. reg
'ins. Titus. & B.—17s,ep
Potts.—7s.
hamokin
'unburv & Erie—1st, 7s.
Snub, liaz. & W.— 1st, 5s
2d, Os, 1938

103
3 >k

138 H

19 k

20

Cell., Is, old, 1923
Warren & F.—1st, 7s,

STOCKS, f

Gs, P. B., 189G

preferred

23

Ca awissa

*

270*
117

Preferred
Li'lie Schuylkill
Minohill & sell. Haven...

Oft *4
63 34

108**

20 k
103 H;

115

'

113
1 70

90.’...

Ex-dividend,

50

50

a

mm

|--™
i'15
123
1 12k
107
108 k

Inc

iBalr.&Ohio—Gs,’85,A.&()
Cliarl. Col. & Aug.—1st..

iso'k

Columbia& Greenv.—Isis
2ds

.

50

ii*6k

HO’*/
80

80 V

162

....

116

122*4 123
*

87 k

*83 *
107

......

92

199

198
130
127

a•

9

......

58

58k

13

51k

.•mm mm

.

a

a

•• m-

BON DS.

2d

N.W.Va.—3d, guar.,J&J.

107,k

ioi** ids'
110

11034
100k

99
.

105

8ik

81k

37 Hi

40

l’ittsb.&Cou ells.—7sJ&J
No.Central—Gs, ’85, J.&J.

123* i*2*3k

44 *4

44

Gs, 1900, A. & O
6s, gold, 1900, J.&J....
Coil. Ohio.—Gs, lst.M.&S.
W.Md.—Gs, 1st, g., J. & J.
1st, 1890, J. & J...
2d, guar., J.&J
2d, pr ef
2d, guar. by W.Co., J.&J.
Gs, 3d, guar., J. & J
M ar.&Ciu.—7s, ’91 ,F.& A.
2d
M&N
8s, 3d, J. & J
Union It It.— 1st, gtia.J&J
Canton endorsed

118

j 123 Hi
39

V

"40 k

103
lot

105
j

•

•

30

Atlanta & Cliarl.—1st— xlOS

*0*4

*

Co:i‘oi.. 6s, 1913
!
Buff. N.Y & Phil.—lst.Gs
2d. 7s. 190*
i
C on «. Gs. 1921
1st
~~
\ V °2
*

It A I LROA D

16 k

7s. s. oxr., 1910
Inc. 7s. end., coup., '94
Belvid’e Del.—1 si,Gs, 1902
2d. 6s, 188T»
3d, Gs. 1887
Bell’s Gap—1st, 7s, 3 893.

.

29

Allegii. Val.—7 3-10s, ’9G

.

-

50
'Central Ohio—Com
50
21** Pittsburg&Connellsville

58V
*

Lehigh Navigation
Pennsylvania

J st. t's,

RAILR’D STOCKS. Par
Baltimore & Ohio
100
1st pref

2d jiref
58 Hi
Parkersburg Br
G7 *4! I Nor them Central
59 J Western Maryland
„

67

Preferred

i l*i‘k

•

A

RALTIIHORE.

58

Pennsylvania

RAILROAD BONDS.

250

18
31 Hi
70

52 Hi

Norfolk & West’n—Com.
Preferred
.Northern Genual
North Pennsylvania

115*

*****

a

94 k
122
122 k
96
97
122
125
126
94

Gs,188G

.cliigli Nav-Gs.reg., 84
Mort. ltlL, reg., 1897 ..
Cons., 7s, reg., 191!
GreenWd Tr., 7s, reg...
Morris— Boat Loan rg.,'85
I’ennsylv.—Gs, cp., 1910..
schuylk. Nav.— I st.Gs,rg.
2d, Gs, reg., 1907

5G

Lehigh Valley

Schuylkill Navigation...

205

’lies. & Del.—1 st,

*4*f

31
G’J1

ii*o**
1 10
108

'57*

134

Nesquehoning Valiev....

117
115

Gen.. 7s, coin*..

1*. Mt.

Phila. Gcr. & Norristown'
Pliila. Newtown & N.Y..
Phila. & Reading
Pliila. & Trenton
Phila, Wilin. & Balt
Pittsb. Cin.& St. L.—Com.
United N. J. Companies..
West Chest er—Cons. prof.
West J ersey
West Jersey & Atlantic^,
CANAL STOCKS.

,

78k

*901
CANAL BOND<.

42

5G1

Prefer ed

112*
148

Preferred
Camden & Atlantic

Philadelphia & Erie

.

......

'

Cons. Gs, 1909
AT. J ersey & Atl.—1 st.Gs.C.
V’estern Penn.—Gs, coup.

14‘4

Joy & Lane r
Huntingd'n & Broad Top

200

’90

est Chester—Cons. 7s..
V. Jersey—1 st, 6s, ep.,‘90
1 Rt, 7s, 1899
>

Allot’cents

90
-

*99** i*0(j“

30

Preferred

20
112 Ha
149
103
210
110

77k

3<«
GO
23

1st preferred
2d preferred
Delaware & Bound Brook!
E sr Pennsylvania
‘
Elmira & Williamsport..

94

,

110

138

09*4

G5
89
70
70

Conv

.....

V

j

99
104
93
’.7

Debentur e coup., t893j
Deb. coup, off, i893 ...

47

102

'
orces or & Naslma
Wisconsin Central
Preferred

liar

123

!

....

i03*a

1*43

it

......

4G

04

117 Hi
123
117 Hi

......

.

107

26 *4
103
113 k

......

39

=

120

*12*!***

I

*105fag 105

Bell’s Gap
Buffalo X. V. & Phil

123
50
1!0
9 ->
90
7-»
no
8'i
190
no
71
104

120
117

,

....

..

RAILROAD

121

.....

2(5

Marquette.

.

1*05

Gs, reg.

2d, 7s, coup., '.893...',..
(tons., 7s, reg., 911 —
Cons., 7s, coup , 19U ..
Cons., Gs, g., I.R.C.19M

......

......

2

l’odV

,

"51*"
20

104^4

I 14
121

Pcrkiomcn—1 st, Gs,cp.'87
Phil &Erie—2d 7s,cp ,'88
Cons Gs, 1920
Cons., 5s, 1920
Pliila Newt. & N.Y.—ls'Phil. & R.— lst.Gs, 1910..

......

122

101 Hj

Gs, cp., 19*0
6s, reg., 1 905 ...
Cons., Gs, coup , 1905...
Cons , 5s. log , 1919 —
Pa & N. Y. C.—7s, 1806
7, 1900

...i>

Allegheny Valley

’83 1*8
10G
1888
G7
102

’831240
’90 110
’88 230
’90 110
’88 101

.

,

136*'

89

Debent lire Gs, reg
Norfolk & West.—Gen..Gs
< >i)
C.tv.v Chic.— st, Os..
Oil Creek—1st, Gs, coup..

k[

115*4

12!**

2d, 7s, cp 189G
Gen, 7s, reg., 903
Gen., 7s. ep . 1903

liVkl
94
J
103
.

...

13

...

105
Lu“
155
\8:; 280
’88 18 7

Jure

Mel),

—...

I’cnnsylv —Gen

’

02

120

—

Cions. 6s, •’.& It., 1923 .
X. O Pan —1st, Gs, 920.
No. Penn.—Is', Gs, cp.,’85

114

181

115
87

lst.Gs,C.&lt ,’98
2d, 7s, reg., 19U)

165
114 k ! 14 k

.

100

2d. 6s, 1900

....

PHILADELPHIA.

t)

750,000

100

GO V

Manchester & Lawrence.
Mai q. ll<mglu’n& Ontou.
Preferred
Nashua & Lowell
N. Y. & New t ngland
Northern of N. llampslr.
Norwich & Wor cester
Oiidensb. & L. Cluunidain
()ld Colony
for-land Saco &. I’ortsnr.
Bull nd—Preferred
Revere Reach & Lynn ...
Tol. Cinn. & Si. Louis
Verni't & Massachusetts

105

&Wmsp’t-lst.Gs, 1910

Leh V

.....

.

127*k

106
1“5Hj
117

thaea&Aili.— 1st, trld ,7s
I unction —1st, 6s, 1882...

1 iO
66

Fort scott & Gulf—Pref.
Common
Iowa Falls & Sioux City.
Little Hock & Ft. smith.
Maine Central

120
225

A pill, ’83 14G
Q.—J. 2
Juno, ’84 102
J. & D. 7
Q.—F. 3 k May. ’83 [210
...;
102
M.&N. 7
Apri\ ’83.190
Q— J. 3
April. '831150
Q.—J. 2
1888
1105
Q.-J. 7
.T. & J. 2 Ha April, ’83 150
A mil, ’83 144.
1.800,000 Q.—J.
Dec., 1902 115
1,200,000 J. & D. 7
G50.000 F.&A.I 21-2 Feb., ’83,110
1898
106
250.000 I. & J.l 7
Mav, ’83 255
1,200,000 Q.-F.
7
June, ’93 114
900,000 I. & D.
April, ’83 240
1,000,000 Q.—J. I 3
Juno, ’84 100
03,000 1. & .1.1 7
748.000 M.&N.I G ! Mav, ’83 225
April, ’93 110
280,000 A. & G ' 7
.1105
goo,000
Nov.,1904 103
200,000; M.&N.I
j 90
250,000
..j
500,000 .T & .1.
July, ’941-110
’83!168
k
Jan.,
1,199,500 J. & J.
April, ’851103
150,000 A. & O.l
N ov., ’88 10 7
1,050,000 M.&N.'

2.100,000
1st mort
1,000 1,500,000
10 2,000,000
Brooklyn City—Stock
1st mort.....
300,000
1,000
100
Br’dway Bkln.l—Stock.
200,000
100
Bkl.\ n. Crosstowu—Stock
400,000
1st mort. bonds
300,000
1,000
100
Bushw’kAv. (Bklnl— S *k
500,000

103».

Division

on

U7**4

1

103:,f

Preferred

70

V.Jan.,
’83i 25
900.0001 I. & .1.
J uly, 1900 108
G94.000 J. & J. 7

100

.....

.

eh burg
Flint & Peie

[Quotations by H. L. Grant, Broker, 145 Broadway]
Bl’cker St.& Fult.F.—Stk
1st mort.:.;

iiok

Main line
STOCKS.
Atchison & Topeka
Roson & Alb 'iiy
Boston & Lowell
Boston & M ine
Boston & Providence

122

llai ris!) g — 1st, Gs, 1883..
II &B T —1st. 7s, g., 1890
Cons 5s, 1895

....

! ncoaie

Day

105

5s, perpetnal

....

1 13

119

Penn.—1st, 7s, 1888
Easlon&Amb’y—5s, 1920
El

31

109 Hi no

East

"3*1"

114

,ri

105
750,000;F. & A.
8,500,000 Qnar. 2 VApril* ’88 1 17 k 1 1 S k
104 | K G
1082
1,500, OOO! M.&N. G I
rO
Sept., ’82 •()
1,000,000; Var’s 8
95
700,000 M.&N. 3 k May, ’8 ’• 90

3,000.000!

81k

......

oc

Eastern, Mass
Est.stern, New Hampsh..

1 32

4,000,000 M.AN. 5 I May, ’83 121
’7G
45
Vi lan.,
1,000,000 I. & .1.
’8 ’• 10G
1,000
375,000; M.&N. 3*8 Mac,
’83
00
3
Var’s
April,
125,000 Var’s
F L.,
’83
s5
50
400,000! F. & A. 3
lk Feb.. ’82 70
50 1,000,000 Qiiar.
April, ’83 105
1,000 1,000,000 A. it O. ()
’83
84
100 1,000,000 M.&N. 3
Jan.,
100

|

Concord
Connecticut l iver
Conn. & P. sstimpsic
Con no: ton Valley

120

O

Bonds

1

Cinn.

Ask.

Gas-Light
Citizens’ Gas*L. (Bklyn
Bonds
Harlem

......

...

Cheshire, preferred
Chic. & West Michigan..

City

n

103

1'uo'do & Ark. Val.—7s..
Ru land— Gs, 1st
,
sonora—7s
T. Cinn. & st. I,—1st, Gs.

82

100
(»5
55
120
05
127
120
215

......

1 nenmo

145
05
125

......

......

6s

1 17
i 05
1 1 7

! 20

......

.....

5

1 1 2 *->
(M
115
120
140

GO
103

......

Ogd(*lisb.& L.Ch.— Con 6s

70

1 30
26 t
85

.....

....

...

i()
70

7a

Q.—D.Ex

......

ilG

For- -eott & Gulf—7s
K. City Lawr. & so,—5s..
K. Cit'v st. i». & C. B.—7s
File R. & Ft. s.—7s, 1st
'Kiss. Central—Gs
Mexican Central—7s
N. Y.&N. England—Os..
7s
N. Mexico & So. Par.—7s

1 15

140
65
85
G *
1 5
190

34

......

Ex.

1*as.’rn, Mass.—Gs, new..

65
10
140
8*2

6

Gs
6s
4s

Conn. & Passumpsrc—7s.
Cun not ton Valley—Gs
5s
California, ^uu hern—Gs..

280

Buff. I’ll Is & W —(ten ,6s
Ambov-Gs, c.,’89
Mort., Gs. 1889
..
Cam. & All. —1st,7s,g.,'93
2d, Gs. 1901
Cons., G p. c
Cam. & Burl. Co.-Gs.'97.
Ciit awissa— 1 sr, 7s. con. c.
Chat. M„ 10s, 1888
New 7s, reg. & coup
Chart rs V.-lst, 7s, 1901
Connect’g Gs, cp., 1900-04
Cor. CoimnA Ant.,deb. Gs,
I »elawaro
Gs, r r.& cp ,V
Pel & Bound Br — 1st, 7s

Aak

Cam. &

33:,4

Gs
Boston & Providence—7s
Bur l & Mo.—Ld. gr., 7s

Bid.

SECURITIES.

...

Boston & Lowell—7s

! 25
97
250
250
80
100
122
SO
80
1 16
193
115
120

GAS COMPANIES.

st

119 V
113Hi

6s

Railroad Stocks and Ronds.
[Gas Quotations by Pren iss & Staples, Brokers, 11 Wall Street.]
Gas and

1

BOSTON,
|
Alch. & Topeka—1st, 7s.!
Land grtint, 7s
Atlantic & P..citic—Gs
Boston & Marne—7s
Boston & Albany—7s

170
1 75
107
150
: 20

170

....

......

......

50
100
50
50
100
30

’ntv (Bkn.).

Kings

—

50
50
100
100
100
100
100
100
100
100
70
30
25

Trail’s’

Irving

.

ioi)

56

Hanover
Home
Howard
1 mportersVfc

265

1; «>
150
Oil
117

*J

25
17
20
70
100
50
160
40
100
30
50
17
10
160
100
50
25
166

11 oilman.

•

50
100

1 lami ton

......

Union
United sr a tea
Wall street
West Side*

.

Greenwich
Guardian

....

....

8I100& Leather
Stiite of New York*
Third

iii'ie

Farragut

350
26
120
I n4
1 10
95

,

Empire City

.......

Produce*

Brooklv

Bid.

1 itcimto

! 100
America'
100
Amer. Exchange ...
25
—--Broad "ay
25
Butchers’ & Drov s loo
Central

Ask.

SECURITIES.

99

t Per share.

Vir ginia
8s.

& Tcnn.—Gs

\Vllm.->C. & Aug.—Gs

t

lil

(K-tJrll

t.

—

119 k 120

il 5*
113*
100
127 k 13a
133 1
105 1 tf>6

52 V
»..«•»

:i02"
12

»

••••••

•

•

•

m

m mm

THE CHRONICLE.

704

[Vol.

XXXVI.
—

ItAILItOAl)
Latest

EARNINGS.

Earnings Reported.

Jan. 1 to Latest Date.

1loads.
Wecl:

or

Mo

1882.

1883.

1883.

$

77.781

Ala.Gt.Southern May

1,163,792 1,183,701
Atcb.Top.A S.Fe .May
53,879
53,6 3«
Bur.Ced.R.ANo.jM wk J’nc

130.000
Canad’n Pacific jlstwkJ’ne
52,000
Central of Ga...!May
155.700
341.H 4
Central Iowa— IM ay
110,394
84,117
Central Pacific. May
1-2.099.000 2,34 2,298
Cliesap. A Ohio .May
j 337.922 257,01*159,583
Chicago * Alton M wkJ’nc
143/915)
Cbic. Pur. A Q.. May
1,888,077 1,505,261
Cbic. & East. Ill 2d wk J’nr i
31.60f
31,620
Chic.AGr.Trunk wk June'.) !
35.5 lb
50,278
Cbic. Mil. ASt. P 2d wk J’ne
390.73:
459,000
48 2,6* 0
Cbic. & Nortbw. 2d wk J’uc
478.100
Cb.St.P.Min.AO 2d wk J’lie
83.000
92,900
Cbic. & W.IMieh 1st wkJ’nr
30.572
27,10:.
Cln.Tud.Si.L.Af : irb wkM’y
43.092
45,298
CiuciniialiSourl May
208.208
208,211
Cir.. Wasli.A Ballad wk May
20.779
24,32;
Glov.AkronA (’n !->d wTk .I’m
9.757
51,264
Col. Hock. V.A T 1st wkMay
62.239
58.584
14,415
Danbury A Nor (March..,..
15,90:
Denv. A Rio Gr 12d wk J’ne
124.320
123.300
Denv.A R.Gr.W 2d wk J’ne
21,200
Des Mo. A Ft. I) 12d wk J’ne
5,002
5,502
Det. lain. A No.. 1st wk J’ne
26,75*27,429
Dub. A Sioux C 2d wk J’m
24.282
23,905 ■
Eastern
3 Wks May
19",785
180,881
E.Tenn.Vft.AGn 2 wks June
93.407
120,203
Eliz. Lex. A B.S May
57,714
38,951
Evansv. A T. II. 2d wTk J’ne
12,603
15,129
Flint A P. Maro. 2d wk J’ne
45.239
39,0 10
Flor. Cent. A W. 1 st w kMay
7,037
8,090
Flor. Tr. A Pen. 1st wk J’ne
11,448
7,942
Ft.W. & Denver. 2d wk J’ue
8,000
Georgia
148,041
March
114,257
Grand Trunk...,i\VK June9.
333.901
310,881
.

Gr.BayW.ASt.lM2d wk J’ne
Gulf Col A San. Fe 1st

kj’ne
HannibalASt.J* '2d wkj’ne
Hous.E. & W .Te x | Ma y
Hous.A Tex.Cen; March
IllinoisCen.(Ill.);2d wk J’ne
Do
(Iowa)'2<l wk J’ne
Do
So. Div.j2d wk J’ne
Ind.Bloom.A \V. gtl wk J’ne

8,453

w

32,818

7,442
17,829

42,904

30,282

25,775

23,057

141', 5*00
43,000

142,199
39.035

62.700

51,032

52,414

K.C.Ft.S.AGull May.......
K. C. Law. A So. May
L. Erie A West’ll 1st wk J’lie1

45,018

145,525

1 16.074

132,fils*

L. K. A Ft.Siuil!: 2 wks June
L.Hk.M.Hiv. AT 2 w ks June
Long Island...'. 2d wk J’ne
Louisa. A Mo. U. March.
LouiHV.ANasliv.j2d wk J’ne

13,400
11,210
69.494

73,367
23,878
13,093
9,310
03,344

59.84

37,539

23,378

...

Mar.HouglirA O May*
Mcnip. A C'liarl. 2 wks June

-

229,470

Mexican Cent.. ‘ itli wk M'y

1882.

$

54,853

15*4,28!

700,845
1.103,781

1,272,000
484,290
9,387,179
1,460,793

445.522

9,920,806
1.127.737

3,442.4 1-

3.1 17,102

9,345,4 92

7.718,451
747,* 01

717.079
1.222.8 46
9.577.00(
9,605.511

8,3 17,367
9,516,877

2,038.157

2,026,366

897.0.0

050 8!);

0

-

0,259
995,083

908,019

m

1,

o

529*317

o

211.171

2,745.900

2,837,999

253,500
124,469
031,85 1
400,5 i 7

1,244,409

1,120,149
1,2-2,835

1,047,336
268,430
308,973
1.152,870
148,341

162,069

337,370
960,409
149.463
1S8.375

218,294
4*25,738
7,410,710

350.15 5

0,S02,250

174,001
730,362
1,083.105

161,091

424,808
859,907
98,979
575.815
2,937,045

123,812
703,103
2,796,410
858,149
1,8 42.247
1,231,822
752,239
573,718
574,951

840,272
1,453,09 l
1 059,900
058 229
367.910
554.3 59

231,312

180.329

168.545
925,361
156,810

10~,009
811.293
1 1 1,213

5,307,669
283,8o3
463,259

30,370

523.016

17,101!

723/.7-1
10 J,‘206
329,139
416,51-!

1 (: 0.015 * j

•196,026

4 15.032

127,105| 3.829,226

2,023,403

22

~oL\152

370,150

8

0,053.928 5,862.131
1,334,079 1,247.091
290,2891
189,170
3,119.908

963 940

1/550.198
2.28 1,5*2 L

104,411

3,075,358
439,401

0.315

1' 9.7 73

—

277,359
902.527
312.901
258,078; 1,084.710
427,000
412,213 1,882,200 1,894,701
4,001.750; 3 ,855.850 15,892.702 14,448 214
Peo. Dec. A Eve.'2d wk J'ne1
13,380
301,025
13,817i
337,310
Pbiladelp.AErie April
311,036; 277,85 P 1/235,108 1.04*2,135
Phila. A Read.. 1 May’
1
1,096,877 ,703.409! 8,155,371 7,810,760
Do C. A Iron May
1,395,053 ,174.540 5,023,070 4,909,1 l-i
Ricbni.A I)anv..l2 wks June
tJO,400
t74,200 1,590,515 1,518,830
Ch’l Col. A A u g.12 w’ k s J u i i c
112,428
14,105
305,709
302,113
Colunib. A Gr.|2 wks June
19.9 01
3 45,074
9,477
311,014
Va. Midland.. 2 wks June
130,280
634,230
134,2381
540,974
West No. Car. 2 w ks June
130.441
t7,338
11,018
83,357
8t.Johnsb.AL.CJ March
1
18,147
17,081
47,110
49,487
St. L. Alt. A T.II. 2d wk J’nei
010.067
22,805
557.74(5
21,081
Do
(brehs.) 2d wk J’ne
15,710
302.2 1 5
353,791
12,467
Bt-. Louis A Cairo 1st wk J’ne
152.403
158,379
8,401
-S
St.L.ASnn Fran. 2d wk J’ne
50,757
58.14*.
1,552,002 1,383.789
8t. Paul A Pul.. 2d wk J’ne!
*26.70
20,078
372,255
454,330
8t. P. Minn.A M. 2d wk J’nei 233,000
212,970 3,571,518 3,189,268
So. Par.Cal. N.P February’..|
72,015
159,034
08,258
142,140
Do So. Div.J. February..!
579.059
279,920
006.485
345,925
■

.

-

Arizona +.
N. Mex;.

February..!
i February..
Bclot o Valley...! May
~..
South Carolina. April

101.782

241.31b

51,346
22,001
44.006
43,386 j
78.9 .0:
78,380
Tol. Cin. ASt. L ; May’
83,0- 0
...
Union Pacific... 1 tidy’s J’ne 1,180.000 1 ,170,000
Utah Central
9 1,2501
April
130,485
J
Vieksb’rgA M er. j May’
30.832
I 35/90
Watt.St.L.A P... 2d wk J’ne1 274,735; 272.82 4
West Jersey
! April
I
70,022
09,903j
Wisconsin
Cent lunv
Wisconsin Cent.
115,100:
[.May’
4

...

tFreight earnings.
Sovereigns
Napoleons

$4 85
3 b5

341,783
105.920,
145,985

457,392
89,070

198,027
413,493

491,923

are

490*982

390 980

205,100

188,014
'

270,740

240,429

quotations in gold for various coirs:

®.f4 891-2 Silver 14s and ^s.

—

99 4®

par.
92
3> — 95
SO
7t> — 87
—
SO
80' @ — 81

■Q) 3 85) !*2 ! Five francs
XX-'ISeieh marks. 4 73 7i> 4 70
Mexican dollars..
X Guilders
i
3 Om
?o
W 3 99
Do uncomnierc’l.
I Peruvian sales
8 pan’ll Doubloons. 15 50 '3/15 65
—
i English silver
Mex. Doubloons.. 15 45 @15 00
4 78 a- 4 84
F*ne silver bars
1 104 a> 1 114 Phis. silv. thalers.
6 <
@
7t *2
F ne gold bars
U. S. trade dollars — 994# — 9‘
par@l4 preiu
i>offifc6 A *2 dimes. — 99^@ par
U. S. silver dollars — 99 ^ 3> 1 ar.




—

’

—
—

..

1,148.300
3.977.300

S.'.OO/IOI

I.OOO/IOI
422.70(
i .ooo.oo;
450.000
200.00;

Pacific

People’s

Irviny
Metropolitan
Citizens’

Nassau
Vlarket
3t. Nicholas
Shoe A Leather..
Corn Exchange..
Continental
Oriental
Marine

500.0GC
500,00;
500,00b
i.ooo.oo;
1.000.00'
3oo.oo<
400,00;
1,500,000

Park
Wall St. Nation’l
North River
East River
(fourth National.
Central Nat
Second Nation’l
Ninth National..
/irst, National..
Third National
N. Y. Nat. Exch..
..

Bowery National

N. York County..
ierni’n A meric’n

11, 8. Nat
Garfield Nat

200,COO
Hi

Leans and discounts

—

—

408.KjO

2 HS0.40;

132.1.9;
05.2)0

2.575. i();

152.000
33.503
3 5 4/0i
210 9/0
CO 1.5)0

123,000

1,331.090
1,279.400

059.800
305,300
031.200
159.200

231,700

219 000

053.9/0

774.201

O'/.O)(
1,08.1,0 )C
1 003,90'.
2.537,400
1,194 5/1

■

248 5 .C
45 ac
2.» tO
127 3 HI

IbOCO

3.5ss.i)0(

10.448 ;:o;
10.254.701
4.42 i,"o;
0.751.50'
2.681.30;

5)77.700
193.900

701,000

456,; do

2..*-21,401

438,‘20'
3( 3 90

157,700

281,700

1 /

13 5.900
loa.oor

2,400.000
If,0.15.500
874,3)0
1,1 s .000

3.805 2()i
1.78// CC

45,0< 0
5.410

3.0.2 3 0
10 341 4d

1,9 j2 500

27./-00
80-1,2.99

0! 2 200

37 ,109

3.1-5.80

2/529.000
5f 3.000

051,09"

10 502 ,(*()(

193,5/C
.

01.4 IP

51-H 00*

4.0H4 0/0

414 000

5,511,WO
2902/500
3,333.000

1,478.400

195.0/0
201.000
201.C09

12 *.700
117.000

5,5:2 loO

319.500
283 000
597 900

4.008.900
9202.100
17.00,'

1/150 900
130.100
lie2.00 !

81.8)0

1 ’4 8 0

3.0 >9.9/('
489.00;

1,152.700
1,409.000
; 40.000
7/3.4-10
(V- 8.700
8 T»,7.)0

4 9 0 !(

1.292 0/
3,"08 5 )•
2>,004 2 r

14/7290;
5/90 2/0
) .31*7.4 0

15 t .O )*

1/71,500

do b oo
40A200
2 119 COO

2

2

4 0 -7.000

1

530.400

0,709

8 5-3(Ut

1,133...<I0

2,140 8/0

54,000

111 800
1.7*-,000
5,313,0 )0 1,123/00
1,313,8 10!
178.1ii0
S5 i.ooo;
27.800

53 y. 00
297 000
45.(00

0,1/5,590
15,383.500
0,875 HIIU

573 300

1,1 >4,3 >0
1.805 0/0
2.074 9/G

204.7 0

223/03

2,280.390
5 817,l-)t*
2 19(1,10*

45,000

45,000

219,400

44,900

18o,(.00

1.9 5.500

1,975 800
5 0; *2,200
1,303.9/0!

219.001

157,90(
1*2/00

02.209,800! 25

450.: 00
270.0 0

10,^10,000
8 313.000
4.110 OOP

4 28.001
7 s.7"(
191.0 (
231 no;

428 4-/i

1,701.900

00
5Q0

<•

l 279 200

57,0);

*

.90

3,600

450

22,580.50
23-001,50;
1,5:10.9/;
1.520.00(
929.500

) 48 l(.f:

189,300

1,017,400
?,"-72 3)0

Inc.
Ir e.
P c.

Lee.*) I tenders

0 )(

2 5 0/0
or 5.8/0
ro 1.500

2C3,3jO

from returns of

fit ocie

12-715

799 800

4'

102,700 321,748,100

Tue deviations

697.30"

■U.M,2:'01

2.848-20t
2,42s,70i

8.025,00;
3,440.00;
5.14 4 3 )(•

j
1

1.317 49;

2,493 5Jt
1.913 801
3,180.000
3.544.0/1
o.2 5.;o;
2.107 4)(
3.911.000

2.ooo.oo(
OOO.OOf
750,00;
500.0; ?(
l.ooo.o y
300.00;
25! •.(’Of

300.001.

1

124.7/0

100.1/0

10,001 3/(

200.000
500.000

139.800

232.9/0
204.200

24U.00;
250/)0(

!

335 80/
4/1.40(

~i7 bi
267, t;U0

122 500

3.200.(0;

|

0 1 2,..(>00
3/ ui.< no
9 532 50/

4-‘O.i 00

148.400
310.500

854.80!)

357/100

701.700

1,495.00(
19*4.5 )t

..

3.059,0 )0

0

2,203.700

18.997,0 )0
18.849.500
! ,021,001

n'ifth Avenue....
Herman Exch.
Cel-mania

301,000

2 852 6 >G

2.000.00;
500.00*

Chase National..

0.501,100
0.40/.000

4,072.100

2.455,9/0
2,051 0/0

200.000
75 -.000
3 0/ 00
100.000
200.000

tion.

8 030/100

152.590

442 OOP

Circxda.

%

78 8.000
391.09792.800
8-4.000
53 *.200

2,‘ 9*1.80(

12/ OS 00G
2.514.4 0

500,00;

Importers’ & Tr..

r.Jr.cf ln Nat

.ooo/io;

Net depots
other
than U. S.

555.000

1.428,100
2/03,7)0
9.250,000
3.137,200

500.00
s.ooo.oo;
<00,0 1

....

-

1,073.700

3,531,500

700.00;
i

917,700
1,052.000
715.300

5.772,-00
6.025,700
2,48 .400
4,380.500

l.OOO.OOf

Broadway

or—

%

1/05.000
1,014.400

11,727,000
l i,;2i.4)C

5,000.00(

445,107
45 0(0

-

0?i,200j

179,200

0!

5/03,400

913.8001 317,690.2

previous week are as tol m ays ;

$ 11,500 | Net deposits
71 -,900 \ Circulation

Tnc. $2,399 3 0
Pec.
13'J IjO

397 200 i

The following are the totals for three weeks:
Loans.
■J £8^3

Specie.

J

*

2....3:7.57\800

June
*

-

9 ...321.1. (i.doO
it>... .32 i ,7 4 *,100

“

Boston Banks.
J nr 11..,

_•*

19

$

14 I/O'*.-00

14 i,7.0 000

Circulation. Ag‘\ Clear
^

4

1(5.031,300
15.9 11. S0J
15,8.2,400

750 23*5.221
i Is.5 I 010
710.108.872

the totals of the Boston Joanks
Df.KtsUs* Circulotvm. Agg.ilcar

$

4,076,000
4,585, 00

I uciudiiii; the iteiu

are

3I5,29.),*)00
317.(5:0,200

L.-Tenders.

Specie.

»•

Deposits.
$
310.9 9.400

21.552.500
2 ',341 .():)•')
25,913,800

-Following

Loans.
1883.

L. 'lenders.

02.251/00
(5 ,55 *.900
63, .09,800

*

4,3'1.97 0

87.1:-'4.n00

4,115,300

87,509,700

.*

S

70.088.338
07,933/35

20,128.0 0
28,842,200

due to other banks.”

Philadelphia Banks.--1The totals of the Philadelphia banks
are as

follows:

1883.
iv 24
June 4

Lawful Money.

$

M

70.tlS.351
70.054,1*9

*

71,027,041
■’7.192.525

9.735,941
9,751.391
9,734,158

73,315,241

9,088,891

“

11

7H.MHl.127

18

77,341.958

21.777,920

Unlisted

Securities.—Following

are

Did. Asked.

Ex bonds and stock.
All. A Pac.—0s, 1st—
Incomes

....

117
Cent. Branch
80
Am. Elec. LightAm. Bank Note Co.
*36
Am. Safe Deposit perp tual deb’ure lids. 100
Bust. H. A E.—New st’k
*4
Old
18
22
22
08
Contin’l’iCons.-Sop c.
Den.A R.G.lt’y—Cons. 01 -8
Dei vor Rio G. A West 23 ^
lstinort.
76
3
Denver A N. Orleans.

....

120
....

41

..

-

...

Iloust. A lien...
ITar. A S. Ant
A W. inc. lids
Dec. A Springf...

c2
38
26

03

264
•7712

300
87

Mexican. Nat
Preferred
1st mort

Bid. Asked.

N.Y.W.Sh.&Buff.—Stk
del.w-h.ihs.on old sub 30

34

5s
North Pue. div. bonds.
No. Rlv.Gonst.—lOop.clOS
Nowb. D’tchA Conu—
Incomes'
V)
N. J. Southern
N J. A N. Y
3
Ohio
Riv. Div. 1st. 56
Incomes
*.
Oregon Sh. Line deliv30
cred when issued
pensac. A Atl
1st mort
72
Pitts. A Western
Rich. AD. Ext. subs. 70^ 64
Roeh.APitts. cons..! st 89
St P. M iu. A M ail.,script
fcr. Jo. A West
St. Jo. & Pacific 1st.
do
do
2d..
Kalis. A Neb., 1st...
do
do
2d...

•

•

•

m

™

m

^

"

....

8

50j4

Mexican Telephone..
Micli.AO.--Subs.75 p.c
M.U.St’kTrust Certs.. 1*834
M. IC. A. T. inc scrip. 44'4
Missnnri Pa e..Cow* dry
Certfs
3

Sel.,R.AD.8t’k,st’inp’d
do 2d do
Incomes

do

'80

Tex.ACol.Imp.— GO p.c
ex-l)d

10%

1
4
58
....

...•

24
....

....

93
103

....

...

.

4
....

-

-

»

•

-

•

•

•

....

.

•

•

•

74
....

....

14
—

—

13

T

10
51
105

lf)34
45

7%

x. A St. L
1st mort.,M.AA.div.
Incomes
Subs
ex-bonds
Texas Pac. inc. scrip.
IT. S. Elec. Light
Vid sb’g A Meridian

.

.

19

....

45

...

»%■’

109

....

....

•

....

934

....

....

82

Kecly Motor
Mahoning Coal A IIR.
Mexican Bonds—3p.e.

quoted at 33 New Street:

....

31*6

Char.

52.185.304
49.241,389
57,751,944
58,530.3:8

....

Edis-m Elec. Light
Gal.
Gal.
I. B.
Iml.

Circulation. Agg.

$

09.514.18S

“

...

Deposits.

$

19.897.215
£0.508.619
20.665,042

Subsidy scrip

I Included in Central Pacific earnings above*

Coins.—The following-

3,270,200

300.000
8GC.00O

Loans.

157,472

Oregon Imp. Co I April
Oregon R.AN.C" May’
Pennsylvania .JApril

Do
Do

600.000

2

Mercantile

•

1.909,317

0,001
200,000

3.1-1,801
4.5) 1,8).
1/14,3);
1/ 22.no;
1,034,300

Tenders.

f

13,401.00(

300.000
1 .oco.coc

1.000,000
300,000

Greenwich
Leather Man’f’ri
Seventh Ward...
State of N. York
American Exch
Commerce

7 12,76.i
S 11.019

!O.T39,

931,328 j

450,557)
77.203
420,4 90'

i.ooo,our
J ,000/00
e-OO.OOf

Tradesmen’s
Fulton
Chemical
Merch’nts' E ten.
Gallatin NatioVI
Butchers’A L)-ov.
Mechanics’ A Tr.

Total

12,234 |
017,58 i
351,188
02,577 i J ,049,752 1,318.3(51
5)5,394 i 3,012,52!
2.392,921
114.22* l 3,1 7<‘,702- 2,9 11.S69
87,5 12, 2.57 1.15 1
1,910.737
4 95).429 14,81 1,295! 11,'•'08, 81

2-5)

City

tforth America..
Hanover

38.040
35.743

,070,743

Phoenix..

485.221

5,737,109
156,898

l:M 377
154.103

America

Legal

Specie.

7,35 >, 10i
7,233/01
7/08.00*
4,397/CO
9,06 .-.80*
3,283,00;
(5/48.50(
3.057 m
l,5JI,00(

2,000.( 00
1,200,000
3.000.000
1.000/00

00,94 1
001,018

178.223

.

2,000,000
2.050,000
2.0(10,000

-

Bepublic
Chatham

1

ano

%
9 3:3,00;

t
Sew York
Manhattan CoMerchants
Mechanics’.
Union

.

81,845

No.Div 1st wkJ’nc
Do
4,200
Mexican Nat’l.. 1st wkJ’nc
13,2-3
MU.L.SI).A West 2d wk J’ne
19,8£<
Minn.A St. Loin.- Api il
135,868
Missouri Paeitie. 2d wk .I’m
139,51;
Cential RiYli. 2d wk J’m
23 (2
lilt. A Gt. No
2d wk J’nei
55,9:0
Mo. Kan. AT.. 2d wk J’m !
Hi*,<3
Bt.L.Ir.Mt AS 2d wk J’m !
12 1,47:
Tex. A Paciiic. 2d wk J’m99, I/O,’
Whole System 2d wk J’m-'
502.2731
Mobile A Ohio.. M,-;y
' 143,2 »1'
Nash.(’ll. ASt. L =Mav
171.079
N.Y.L.E.A West \pnl...... 1,548,474 1
N. Y.AN. Emri’d May.......; 200.951 j
N. Y. Sus't.A W.i April
78.511!
j
N. Y. Pa. A Oliio'Apiil
j 403.0781'
Norfolk A West. 12 wks June
84,070
Northern Cent ..'April
1 470.33 i
Northern Pacific!2d wk J’ne*
187.90IM
Ohio Central
i2d wk J’ne;
19.929
Ohio Soul hern.. '2d wk J’m*
7.085
07,005*
Oregon A Cal...IAnril
;

Loans

discounts.

5,083,809
1,181,3; 0

1,767,502

10*26

Capital.

S08,05*>

1.171.775

OO 1

Average amount
Banks.

*

402,127
5,510,91 •

0

New York City Banks.—The following statement shows tl
e
condition of tne
the Associatea
Associated uauas
Banks 01
of i>ew
New York
iork city
City fc
for tLe
week ending-at the commencement of business on June 16;

75
SJlki
14

52^

1-8

19’*
5 ;»a
133

997s

1st mort.-

2d mort...
Wisconsin Central....

77
25,2

OShz
20

June 23,

18 1—Ice

Less construction expenditures—
house at El wood
Section house at White’s Quarry
Tools and machinery at Ehvood

Jimrestnmils
AND

STATE, CITY AND

Investors* Supplement contains
'Funded Debt of States and Cities and
of'Railroads and other Companies. It
Saturday of every ether month—viz.,

a

Right of

280
9

way

20,072
380

in Jefferson County

9,740
2,967

Depot at Hiawatha
Depot at Eudicott
Water works, Hamlin

complete exhibit of the

94
92

Water works. Hanover
Coal sheds, Hanover

of the Stocks and Bonds
is published on the last
February, April, June,

and December, and is furnished

August, October

$35,812

without extra

Total

of the Chronicle. Single copies

charge to all regular subscribers
are sold at $2 per copy.

L190

Printing statement
1882— Lots at St. Joseph, Mo

CORPORATION FINANCES.

The

705

CHRONICLE.

THE

586*3.J

$15,996

surplus Dee. 31, 1882
UNFCNDED DEBT DEC.

31, 1882.

$113,000

Receiver’s certificates

REPORTS.

ANNUAL

4,550-

Coupons overdue
Interest since maturity

40,527

Amount of indebtedness prior to
James M. IIam, Assist. Suc\v.

Cincinnati Hamilton & Dayton.

first mortgage lien
Sidney Dillon',

$158,077
Vice-Pres’t.

Augusta & Knoxville.
f (For the year ending March 31, 1SS3.)
the stock¬
following
The annual report of this Georgia company for the year
directors were elected m the interest of the Erie party, viz : ending March 31, 18S3, is as follows :
Messrs. II. J. Jewett, C. C. Waite, E. A. Ferguson, John Car¬
Earnings.—Freights
$05,037 20
lisle, F. H. Short, George R. Blanchard, J. M. Adams, Henry
Mail
2.530 14
Hanna and Win. Hooper.
The last three named take
Passenger...
22,so3 14- $91,069 48
$18,702 53
the places of Messrs. Brice, Cummings and Laralde, of the Expenses.—Conducting transportation
Motive power
I'/,721) 30
old board. The board organized by the election of all the old
Maintenance of way
27,1(50 02
officers. 20,7(54 shares voted.
From the brief report submitted
Maintenance of cars
887 07—$30,479 52
at the meeting, as given by the Cincinnati CommercialNet
$30,589 96Gazette, the figures below for 18S2-3 have been made up.
The expenses were GG 2-5 per cent of the earnings—tlie profits'
COMPARATIVE STATEMENT OF EARNINGS ANf) EXPENSES ON ALL LINES,
IN THE TEAKS ENDING MARCH 31, 13S.1, 1SS2 AND 1883.
(For the year endiitg March 31, 1883.)
At Cincinnati, Ohio, June 19, the annual meeting of
holders of this railroad company was held. The

“

“

“

“

1880-81.

7iReceipts—

$901,170
1,721,; SI)

Passenger

Fregiit

3

,132
51,9 12

Mails
Express

31,735

Indianapolis pool
Payto i pool
receipts
Expenses—

.

For fuel and oil.
Machine shops
Train expenses
Maint;-nance o;' way

1,855,380

$2,9(41,1 K‘>

$208,583

$191,440

25,903

28,996

410,772

387,691
552,413

j

|

438,159
fV>.>

<S'1<»

3

11,99-1

128,183

7. >,'>13

3.30,208

$1,895,300
80,022

$2,031,(hit
8 ?,0.)2

132,902
3,710

132,10 t
.3,318

132,015
750

1 1.500

10,0 id

6,F30

$2,705,751

$2,799,750

$2,751,778

i

j done
90,318

$2,01 1,90 7
85,1 19

Sundries, profit and loss
Other items

j

Net surplus

.

«

.

$176,554

.

$ j 3 f!,02 9

$161,096

on

the Greenwood Laurens & Spartanburg Railroad.
vital

and

operation of this line through to Spaitanburg.”
Maryland Coal Company of Allegany Co., Mil.
(For the year ending Dec. 31, 1832.)
The annual report had the following:
“The year 1S32

1

and interest

was

| Nothing, in the opinion of the management, is of such
| importance to your company as the early completion

5 ] •>

D. A M. dividends

Total expenses

January last. Temporary relief from this embarrass¬
had by the purchase of the matured coupons by
parties friendly to the road. It is important that arrange¬
ments should be made at the earliest practicable time to pay
off this liability^, as well as to meet those accruing on the first
of July next.
More than two-thirds of the grading has been
ment

| $363,199
\

of which there has been applied

due in

$3,088,-407

301 070

305^94

of the business 33 3-5 per cent,

toward the floating indebtedness of the company the sum of
$22,901, the balance to wit, $7,083, having gone into construc¬
tion. There was expended during the year $113,1 S5 for cog-

90,138 | struetion,
making total cost of road and equipment to date
| $GSG,283. ^President Yedery, in the report, says : ‘‘The com¬
99,087 pany was unable to meet the interest on its bonded debt falling

*'78 ‘>12
7 93811

Station expenses
Cilice e.\ j lenses
Miscellaneous
.

$1,037,201

$2,SS2,300

490,915

...

$980,529
1,748,87 1.
37,179
51,547
73,315

28,4-02
91,043

.

Total opei-«itmg expenses
Taxes, Ac.

1882-3.

97,1 18

42,38 7

Miscellaneous
Tot -1

1881-82.

j

witnessed
more

a

marked

of coal,
may fairly

increase in. the consumotion,

particularly in that of bituminous.

It

j be expected that the future increase of production, which

For the fiscal year 1832-3 it thus appears that the surplus i has hitherto grown in ratio, and must continue herr after to
overall obligatory charges was $330,029. From this deduct keep pace with the growth of our country and its industries,
also dividends which have been paid during the year upon the ; will be represente 1 chiefly in the outputs < f the bituminous

outstanding preferred and common stock of Cincinnati Ham¬ | fields.
much
ilton &
Six per
C. II.
Si< per
C. H.

Dayton Railroad, viz.

:

These,

more

as a

whole, have of late years represented a

remark:!ble development than have the

anthracite

fields of Pennsylvania.
“The Cumberland coal

cent per annum on $347,900 of preferred stock of the

industry of Maryland lias been ihe one
past
exception,
for
the
eight years, to the general growth
$3,500,000 of common stock of the
$210,000 that has charac erized the operations of nearly al the available
bituminous districts. And while during thb interval other
Total
$211,318 basins have established animal
productions, exceeding in
Balance of earnings over expenditures
$122,280
Accrued interest charges
.'
74,502 | quantity the largest business ever done in one year by the
Cumberland region, the output of the latter had declined to an
$47,717 amount but little exceeding one-half of its product of 1873.”
Surplus
As to the causes for this condition of affairs the report says :
This surplus when divided up to the different roads was
Organized
labor dictated its own terms, and in the absence of
distributed as follows :
A D. Railroad
eent per annum on
A D. Railroad

t

$4,318

great

•

“

interest and combined action on the part of the pro¬
ducers, enforced the payment of wages thirty per cent higher
than those established for similar labor in competing fields,
where work was more difficult and less productive.
The trans¬
porters appropriated most of what was left, and the vast capi¬
a common

Credit C. H. A D. surplus earnings:
Ciedit C. R. <fc C. R. R. Co

’

Total
Debit C. H. & I, R. R. Co

$93,070
55,878

$149,548

101,830

Balance

$47,717

St.

Joseph & Western RR.
(For the year ending Dec. 31, 1882.)
The following statement of earnings, expenses,
and 1882 has recently been issued:
—

Earning?—

1831.

Miscellaneous.

1882.

11,611
19,400

$183,030
14,415
21,750

529,448

533.813

42,001

38.280

$149,392

Express

&c., for 1881

1,490
3,219

1,890
-15j03

4

$759,593

$309,318

$156,758

$166,033

107,334
00,055

186,735
54,460

218,939
40,527
11,385
3 4,129

239,679
99,069
11,542
40,146

Total expenses

$725,330

$797,667

Surplus

$34,203
$34,263

Expenses —




$11,650

represented in the mine ownerships returned little or
nothing to the proprietors. It is not surprising that, under
such circumstances, a dry rot seemed to strike the trade of our
district, and notwithstanding the widely-recognized superiority
of its coal, which may be said to be the best of its variety that
is known, its trade languished and declined.”
tals

The first movement that appeared essential to a correction of
these abuses was undertaken in the construction of the George’s
Creek & Cumberland Railroad. “The road was designed to
connect the mines of the

Comoany, and

others centrally sit¬

uated in the George’s Creek Valiey, with the Chesapeake &
Ohio Canal and the Baltimore & Ohio Railroad at Cumberland,
and with the Pennsylvania Railroad system at the Pennsylvania
State Line.”
In the next place, a better union of interests among the min¬
ing companies was effected than ever before prevailed, “ and m
the spring of 1882, measures were adopted by all the operators
of the fie'd to equalize the prices paid for mining and other
labor with those prevailing in competing fields. A suspension
of operations throughout the regions for about five months
resulted, and terminated in August last in au acceptance bjr
the employees of the wages offered.” * * *
“The company’** estate consists of about 8,000 acres of land,
in Allegany and Garrett counties, Maryland, about 1,000 of

THE CHRONICLE.

706

which contain the big vein, ample for all cb mands of tiade that
are likely to arise.
The reserve of small veins ip several thou¬
sand acres of the company’s lands, renders its properly inex¬
haustible for the purposes of any present eorsideialion.”
The business of 1S62 inc'uded total shipments of 97,777 tons.
2, 18S3.

I’KOITT AM) LOSS ACCOUNT JAN.

$10,780

Balance, Jan. 2, 1882
“

credit coal account

f.

2 J ,885

$11 ,do(j
/>/*.

$7,001

utcrcut
merest on bonds
Taxes
Salaries and expenses

Legal

ex ponses
—

i 1 ,-71)

7,481
13,12 L

£01— 40,270

.

"0

‘

;

$1,389

Bat a lice
ASSETS AND LI AIHLITIKS, DEC

31, 1882.
Liabilities.

A UHLtS.

stock
$4,400,000
.$1,100,000 (’apital
Hills juiyable
100,000
Personal pinperty and
mortgage bond-',
improvements
“8,-41 biist
due Nov. ], 1806
101,0^0
Vessel property
l,s/2
Accounts payable.'
*40.• 54
Cash in banks andbands

Beal estate

,

of agents
Potomac L. &
& O. repair

11,270

I)., and C.

bonds
George’s Creek »fc Cum¬
berland II. K. Stock...

Accounts receivable...
Coal on band at cost

.’

ITolit and loss

T()ta1
i

$22L000‘

-

“Of the five y*-ar

mortgage bonds- of July 1, 1S7S ;and dua
July 1 next), issued by the receiveis for tlie payment c.f the:
floating debt, there was retired under sinking fund during
1882, $25,200, having outstanding January 1, 1883, $200,500.
This amount will be largely reduced fr< m the balance
<some
$18,000) remaining in this sinking fund, and additions-(hereto1
prior to the maturity of ilie mortgage. No interest, was paid
dining the year on the $6,110,000 consolidated bonds lielci by
the Central Railroad Co. of New Jersey, as, after providing fur
the sinking funds arid paying the interest on the other obliga¬
tions of file company, including the inc* me bonds issued for
funding coupons, it was denned judicious by the beard of
dinctois to devote a huge part of t he tamings to the new
work pievi.uisly mentioned, thereby increasing tlie producing'
capacity of the company. This increased tonnage should, in
the near future, add materially to theearniiga of both the
railroad and coal companies. The company has no lioating
debt.

31, 1882.

$24,569,818

Mining improvements. Unit road nn<l equipment
Yard*, piet s, and or her real estate

ior.,000
9 9,9*2
5,;>0 /

3,199,187
201,740

Personal property

$4,713,913

Less

$058,000

p.«id by receivers-and charged against tbe

fuiurei..

250.361—

Bonds and securities owned by company
Bills and accounts receivable
Cash

3i,6-i3

49,938

TSlrom Midlothian Mine

months)

Id*. 998

...

3"0,988

Mined in 1881 (yeai)

133,984

Decrease

2-10,233 I 1<>7>'
345,177 I Is80...*

lS7d
1877

has been:

114,789
925,>23

108,288—1,420,928

“The business of the company was inteirupted for nearlr onehalf (and that the best half) < f the year by reason of the strike
of the miners, which was general throughout the Cumberland
coal region, and all the oilier companies suffered correspond¬
ingly. The mines were therefore woiked for about six months
only, and, as the report shows, we earned during that
pay the large losses iDCutred
leave a prefit as the result of the

sufficient to

sion, and

$30,171,602

JjUibiLitcs.

$10,000,000

Capital stock

1,30C,0*00-$8,700,000

Less owned by company
M »rt gage debt —
W. B C & l. C<». loan. 1892

) For
which
sterling C
Lehigh Coal A: Nav. Co. lean, 1 894 > bonds arc <lei»osiicif <
do.
do.
do, 1897) with Fidelity Co.
(

20,900
771,000

iing loan of J 899 issued
:
Sundry mortgages on propc: ty ac<ptired devious to con.-ol/

1,903,000

•Stc-

352,817 | 1881.
300,582
332,739 IsSJ (d mos.). Id0,998
350,305 |

during the suspen¬
yeai’s business.”

STATEMENT OF FROFITS FOR THE YEAR ENDING DEC.

1882..Balance, to credit of coal account
Dec. 31,1882. Onl on band
Less freights and taxes due

31, 1882.

001,145

Dec. 31,

$54.<577
O’,897 —47,779

loan

’

......

Consul. loan, 1900, in hands ef public
Balance dm* on Nottingham Colliery and o her mortgage
indebtedness..
Loans on which tbe interest, is pay’able only if earned, after
paying all other interest —
Income bonds issued for f uding coupons
Consol, loan, 1900, held by.C. lb It. Co. of N. .1
.
Income bt iuls leld by C. It It. Co
Due. for mining and trai spoliation in Dec. (since paid)

Net

i

axes, rents,

$269,221

Balance to credit of profit and loss Dec. 31, 1882

$274,914

IJALANCE SHEET DEC.

Barges
Cash on barn!
Bill sreecivable
Coal on band
Accounts receivable—

31, 1882.

Liabilities

$5,000,000
70.752
3 028

3,035

G.<;< 0
30,380

$3,000,000
53,950
40.4:-3

Unsettled accounts

Dividends unpaid.
Balance

to

credit

1,100
of

protit and loss

274,914

9.913

4~,779

192,307

$5,370,404

$5,370,404

of which 1 389,082 17 tors were sent to Port Johnston, and
the remainder distiibufed frt in Mauch Chunk or sold at mines.
There has been expended during the year in Wyoming Region
at Stanton Shaft, No. 7 Collieiy (destroyed bv fire some years

tor s,

since', and for air shaft and second opening, $104,512 00 ; and
at Lance, No. 11 Colliery, air shaft, new7 breaker, efe.,$74,Sb4 99;
and in the Honey Brook Region, for opening mines ar Green
Mountain and Railroad to Tresckow7, $29,906 12 ; besides other
extraordinary expenses, making a total of $447,276 25, all of
which has been charged to the cost of the cost of the business
as appears by the statement herewith.”
There was on band Jan. 1, 1S.-2, in tbe sinking fund
for payment of mci ti age indebtedness
$190,002
To which has been added l‘or t lie year 1682—
On coal mined by ike company
$236,243
On coal mined by oilier parlies from company’s lands
2*',9u3

287,140

$177,749
There was paid during tbe past year on
company

the mortgage debt of

706,754

av ula’dc January 1, U 83
$270,994
And out o' whirb must l»e paid up to May 1 :
Purchase m mey New Jersey Onl <:•*. bmuls (paid January 2).. $4.0, r GO
Wadhume second mortgage (p. id January If)
2,090




1.118,070

(V 16,000
2,359,000
573,478

101,011
3,814

etc., accrued, not due

Surplus

41,206
65,843
133,138
270994

’

?

510,476!
$

GENERAL

;0,171,802'

INVESTMENT NEWS.

Arkansas Railroad Bonds.—A report to the Chicago Times
from Keokuk, Iowa, June 18, gave the following account of the
railroad suits : “ Under an act of the Legislature of Aikansas,
ratified by the people at the general election in 1868, bonds to
the amount of

—

Capital stock
Hills payable

Lehigh & Wilkesbarrc Coal Co.
(For the year ending Die. 31, 1882.)
The annual report made to the stockholders of this company
stated that “ there v.as mined during the year 2,133,710 01

Leaving

919,330

$12,425

profit and loss Dec. 31,1881

Assets—
Beal estate
Pers’ii’1 prop’y at mines
Do New Y’k & ilob’k’n
Koontz Banacks

* 70,119 1
5,381,000'

Coupons matured and due Jan. 1
Reserve for suimry accounts unsettled by receiveis and in
suit, or unclaimed (-duee paid $21,'OS fO)
Interest accrued at d not yet due
Sinking funds available for payment of mortgage debt

690,800

earnings for tlie year

Balance to credit of

500,000

Royalties labor and supplies account (since paid)

$709,223
Deduct amount paid for railroad and canal freights and tolls,
mining, ollice and shipping exp , salaries and exp. of strike..

408,304

$182,027

85.4 Id

tons.

From Koontz Mine
From Kig Vein Mine

43,818

r.

business, but available in tbe
Coal on band

report has the following statistics. Coal mined in

327,99$

Naw York harbor
Paid for coal to be miin d in future
Barg*

(Maryland).
ending -December 31,1SS2.)

Coal rained in each year (tons)
1875
258,851 1 1878

6

,

CONDENSED IJALANCE SHEET, DEC.

1882:

Total (0

0(-(V
129 000 7

Coal lands, surface, mine houses, etc

New Central Coal Co.

The annual

$50

Assets.

0,000

(For the year

Nott. Coal Co. bonds (due April 1)

'Sterling bonds, drawn in 1881 and le82 blue May 1)

1,389

$1,713,913
-

Pureliasc money

[Voi.. XiXVI.

$5,350;000

were

issued to aid in the construction

of certain railroads in that State, viz
tlie Little Rock & Fort
Smith, $1,000,000; Little Rock Pine Btutfs & New Orleans, $l,-(
200,000 ; Mississippi Ouachita & R<-d River, $600,000 ; Arkansas
,

These
interest at the r°te of 7 per
cent.
Under a
taxation the railroads were
required to pay7 the interest and principal of the bonds. In
delauit they w’ere subject to be placed in the hands of a
Central, $1,350,000.; Memphis & Little Rock, $1,200,000.
bonds

iun

years, and bear
certain system of

thirty

receiver and their incomes and

revenues

sequestrated. All of

payment of interest in 1873, and were
handed over to receivers appointed at the request of the State
Treasurer. They .were in thisattit.ude when,in May7, 1874, thelegislature repealed the law authorizing tlie roads to be put into
the hands of a receiver, and they drifted back into the hands of
their owners. Soon after this the Supreme Court of Arkansas
declared the bonds illegal and void, because the act under
which they were issued never became a law
provided by tli*U
State Constitution.
Thus matters lested until something over
a year ago,
when 1 lie bondholders filed a complaint in the
Unbed States Circuit Court for the Eastern District of Arkansas
against the Little Rock & Fort Smith Railroad, piaying judgment. against that road fur the amount of the coupons oveidue
on
the State bonds issued to if, and the appointment of a
receiver
To iliis tlie defendant demurred, claiming that the
bonds were invalid ; that the road had passed into the hands oL
a new
coipoiation, and could r.or be made chargeable with that
indebtedness. Argument in the case was lieaid by Hon. Geo.;
them defaulted in tlie

W.

McCrary, Circuit Judge, and lion, t envy

0. Caldwell,

overruled, tlie Court
holding that the rad was liable for the bonds.
At :
the late teiin of the United States Court, held at, Littl&t
Rock, suit was also commenced against the Litile Rock
Mississippi River & Texas Railway Company, a new •
corporation which had absorbed the Little Rock Pine <
District Judge.

The

demurrer

was

<

Bluffs & New
Orleans and the Mississippi
Red River roads, similar to that against the Fort

Ouachita &
Smith road.g

JckK

complaints defendants answered that the same point is
involved in both these suits. II *n. Sirnuel Miller, United
States Supreme Judge, assigned
this judicial circuit, and
H in. H. 0. Caldwell, the district, judge for the Extern District
of Arkansas, mM. at Chambers in the United States Court room
in this city for the purpose of hearing argument in these cases.
The argument, was opened in behalf of rlie plaintiff', by John It
Dos Pass »s, E*q., of New York; ex-Chief Justice John McClure
of Arkansas is also for the plaintiffs, and ex-United States Cir¬
cuit Judge John F. Dillon, now of New York, formerly.of this
State, and C. W. Huntington, E:q , of B >st,on, for the defend¬
ants, wid also be heard.
The aqfiiinent is likely to last several
days.
The large interests involved have awakened a deep
interest in these suits. Among those in the city who are inter¬
ested either on one side or tile other in the result of this case is
E, II Converse. Esq President of the Little Rock & Port Smith
road; Col. A. II. Jonusm, President of the Arkansas Central;
Mr. Hammond, a New York attorney, and I. N. Smithee, E>q.,
formerly land commissioner of Arkansas.”
Atlantic & Pacific.—The Boston Herald reports that the
connection of the Atlantic & Pacino with the Southern Pacilic
is postponed f »r a lew weeks, as orie-quar.er of the pile
bridge, nearly completed, over the Colorado River lias been
carried away by the high water and driftwood. The bridge

To these

,

is about 1,200

707

THE CHRONICLE.

23, 1883.]

feet long, 300 feet being destroyed.

Central Iowa,—The executive committee chosen at a meet'
iti'T of the holder* of preferred securities of the Central Iowa,
in Boston, April 4, has made a report, to the effect that tile
managers of tlie r >ad have been using the whole net earnings

cash collections
3L

were

were

$2,560,961.

the year were

$ 1.734,S53, and the bills receivable March
The expenses of sale and.management: for

$63,266,

6 per cent on the gross sales, s
Michigan Southern.—At a meeting of the
board of directors, held June 22, a quarterly dividend of 2 per
cent was declared, payable oil the first, day of August next.
The following is the statement for six months, which was pre¬
sented at the meeting (June, 18S3, being partly estimated) :
or

Lake Shore k

1882.

1883.
Gross earninrs
Operating expenses

Percentage

$7,952,721
5.359,070

5,008.779

and taxes

oi earnings

(iii *55)

.

$2,593,0 45
1,510,950

$3,5 t ! ,837

Net earnings

1 890,000

Inteiest, rentals anil divs. on guar, stock..

$1,070,095
(2*17)

$1,7 11,8 ,7

Balance

(4-52)

Equals per share.
Dividends —
2 per cent May 1
2 pel* cent August 1

$939,330

Deficiency

1,978,600

1,978.030

989,330 —

902,565

.

Tiicrcasivin gross earnings
Increase in operating expenses

(07*351

-15*84 p. cent.

:

5*15 p. cent.
9 18,792— 30*59 p. cent.

OoP, 103-

Increase in net earnings

-

The nronerty has been kept up to its usual high’standard, and the*
doing it. has been charged t > oyeratmg. exponses. Nothing has
1) *en charged to construction account.
If iIn*, last half of 18s3 yields as
good results its the same period of List, year (80 '.O per share), the whole
year will show an carding ol 9^4 per emit.
F. W. Van ok it i m/r, Acting Treasurer.

.co>t of

Louisville & Nashville.—The following
gross and net earnings is made for
the eleven in mths of the fiscal year
May.

official statement of

the month of May and for

of the road in extensively improving it, by putting
from July 1 to May 31.
and in many other ways, according to their
»
Eleven Months.
best judgment, in view of the increasing business of rhe road
1882.
1883.
18-12.
'
1883.
and its future possibilities, and the committee is disposed to con¬ Gross
earnings
$958,130 *$1,015,009 $10,772,253 *$12,133,859
cede honesty of intention in the management of the road,while Net earnings.
397,847
**471,7/0
4,220,992
* J ,699,34#
it charges gross carelessness of the rights guaranteed to pre¬
*.May, 1883, is approximate.
ferred stoekli >ldeis by the charter. In regard to tlm present
Michigan Central—Canada Southern.—A half-yearly state¬
year (ISS3 . the committee have the assurance of the Pivsi lent
ment
from the Michigan Central Railroad Company (June, 1883,
be
that a dividend will
paid to some or all the preferred securi¬
being
partly estimated) shows the following results for both
ty holders of the road out. of the surplus net earnings. In view
of tlie-e facts, the committee recommends that, the claims of roads : A dividend uf 3 per cent on Michigan Central and 2 per
the junior preferred Hocks be held in abeyance, and that the cent on Canada Southern were declared, eicii payable Aug. 1.
or

pro lies

down steel rails

,

,

.

.

preferred stocks should
accept .if voted them by the directors) dividend scrip for 7 per
cmt. in full of all claims for net earnings of the road to January
1,1883.— Boston Journal, June 16.
(cutiMl of N. J.—Pennsylvania.—'The Times’' dispatch
from Trenton, N. J., June 21, says: “A few weeks ago the
Pennsylvania Railroad Company filed a bill in the United S ates
Circuit Court, iu this city, setting forth that an agreement had
been entered into between it and the Central Railroad of New
Jersey by which the Pt-nnsjdvafiia was permitted to run trains
over the New York & Long Branch road to the sea-shore.
In this agreement, it is alleged, it was also stipulated that no
Superintendent for that division of tne Central Railroad should
be appointed without the concurrence of the Pennsylvania
Railroad. The bill further stated that the complainants had
received notice that the Central Railroad Company would no
longer abide by the contract, and conc’uded by praying for an
injunction ord-*r restraining the Central Railroad Company
from abrogating the said contract or taking any action what¬
soever in the matter.
The court issued a temporary order to
that effect, and fixed June ‘Jo as the day on which to hear the
arguments in the case.
By consent of counsel the hearing lias
been postponed until July 9.
“Late last evening Mr. Edward T. Green, counsel for the
Pennsylvania Railroad Company* filed a petition asking for a
rule to show cau^e why the Court should not appoint, a proper
person to act as Superintendent of the New York & Long
Branch Railroad, and that the said road be managed an i oper¬
ated under the direction of tjie Court. Judge Nixon granted
the rule and made it returnable on June 28. In the meantime
affidavits may be taken preliminarily for the argument. The
petition sets forth the stipulation above recited, concerning the
appointment of a Superintendent with the consent of both
parties; ani further, that upou the resignation of Mr. Ranolph,
the late Superintendent of the New York & Long Branch
Railroad Company, the President of the Central Railroad Com¬
pany filled the place by the appointment of another without
consulting the Pennsylvania Railroad Company. This act, the
petition cla m9, is a violation of the injunction issued by the
Court in the suit still pending against the Central Railroad
Company, and also that the President of the Central Railroad
Company is in contempt of court.”
holders of debt certiorates and of

The statement for six months
with 1882 :

was

madj without any compari¬

son

$0,740,000

Gross camiiics of both roads
Operating expenses and taxes

4,591.0 JO
(08*26)

Percentage of earnings
Nctearnings

$2,119,000

.

Interest and rentals

1,21o,0j0

Balance
Division as per

$939,000

traffic agreement—\ iz , Michigan Central RR.
Company’s two-thirds

Canada Hunt hern RR. Co.’s one-third.

Dividend 2 per cent,

Grand Rapids &

Indiana.—Notice is given to the holders

maturing July 1, that the Pennsylvania Railroad
Company will purchase said coupons, as the G. It. & I. Company
cannot pay them while enj dned by the suit in equity.
[See
notice in

advertisements.]

Iowa Railroad

Land

Company.—The report, of tlie Iowa

Railroad Lind Company for the year ended

March 31 embraces
six land companies, in which Bostou capital

the transactions of
is more or less interested, viz : The Iowa Railroad Land Com¬
pany, Iowa Falls & Sioux City Railroad Lind Department.

Missouri Valley Lind Company, Blair Town

Lot & Laud Com¬

pany, Sioux City & Iowa Falls Town L >t & Band Companjr, and
Eikliorn Land & Town Lot Company. The total sales of these com¬
panies for the year were 157,835 acres, for $1,087,037 and 1,605
town lots, for $202,256. The number of purchasers was 1,438;
-average sales to each purchaser, 110 acres ; average price per
acre, $6 88. Of the abuve, 23,553 acres were sold for cash. The




i..

S

u

313,000
300,000

$i 3,0^0
$020,000

Surplus for six months
Michigan Central two-tliirds
Equal- per share
V
Dividend 3 per cent, payable August 1

$I

31

5G2.146

$03,854

plus

New Orleans & Texas.—A recent report from
Memphis says that two engines have been received there for
t he railroad which is to be a continuation of the Chesapeake
Ohio & Southwestern from Memphis to New Orleans, and which,
Louisville

when

completed, will be known at the Louisville New Orleans &

Texas Railroad. Grading between Memphis & Clarksdale, Miss.,
100 miles to the South, has been about completed, and tiack-lay-

July 1. The officers
that by Oc’ober 1 daily trains will be running

ingwith steel rails will be commence 1 about
of the company say

Memphis to Clarksdale, and that by January connections
made between. Memphis and Vicksburg. It is
noteworthy that the completion of this road to New Orleans will
give a complete route from San Franciscj to Norfolk under the
direction of one head—Mr. C. P. Huntington.
Philadelphia, <fc Reading.—The gross receipts from the
railroads, canals, steam colliers and coal barges in May
were $1,696,877 and the net receipts $668,767; for the fiscal year
since Nov. 30, 1882, the gross receipts have been $9,950,742 and
the net receipts $4,255,004. The gross receipts of the Philadel¬
phia & Reading Opal & Iron Co. in May were $1,395,052 and
net loss $13,497; since Nov. 30 gross receipts have been $6,692,902
and net, $58,936. I The total receipts of both companies
together for each month of the fiscal year have been as follows:
from

will have been

,

—

Gross Receipts.

*

_

of coupons

$2 09

".
payable August 1 proximo

Eq mis per glia'e on Canada Southern

029,000

1.882-83.

1881-82.

XcJ Receipts.
1881-82.

1882-83.

$937,542

$3,231,077

$-43,73 <
004,877

040,913

2,37.,IS1

030.0'0

March

2,829,724

2,451.40 J
2,109,005
2,5 3 “,720

438,050
055,449

April
May

2.919,017

2.099,700

December

January
February

Total 6 months

$2,805,201

2,559,99 4

2,878,009

702,591
817,428
055,2)0

$1G,043,045 $10,017,583

$1,313,959

3,091,928

708,30 4

780,574

$1,167,433

The coal tonnage has been as follows, viz.:
Cariied on the
railroad in May. 665.823 tons,- against
644,165 tons in
May, 1882. Mined by the Coal & Iron Co. and by tenants,
433,503 tons, against 418,098 tons same month in 1882. .
SiHilheusterii—Canadian Pacific.—In regard to the re¬

ported purchase of the Southeastern Raihoad, it w; s said at
the agency of the Canadian Pacific Railway that the purchase
had not been completed, but the Canad an Pacific had securer
a refusal of
the road. The t^rms oi which the Canadian
Pacific has the option of buying havj not been made publ c. *

.

/

I HE CHRONICLE.

708

^hc Commercial jinxes.
EPITOME.

COMMERCIAL

Friday Night, June 22, 1S83.

fVOL. XXXVI.

COTTON
Friday, P. M., June 22, 1S83.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
this evening (June 22) the total receipts have reached* 12.395
bales, against 21.573 bales last week, 25,450 bales the previous
week and 30,420 bales three weeks since; making the total
receipts since the 1st of September, 18S2, 5,881,551 bales, against
4,011,199 bales for the same period of 1881-82, showing an
increase since September 1, 1882, of 1,270.352 bales.

Saturday lant there was an important failure in the lard
speculation at Chicago, which caused a sharp decline in that
staple. On Tuesday, failures in the wheat speculation oc¬
curred at both New York and Chicago. These events de¬
Mon.
TiMs. Wed. Thur3. Fri. Total.
Sat.
Receipts at—
pressed financial and busTxess circles generally, and a sharp
19)
205
30J
102
120
571
Galveston
1,499
decline has followed, not only in staples in which a speculative
10
Indianola, Ac.
10
interest has been developed, but on the Stock Exchange.
Oc¬ New Orleans...
940
782
537
627
277
431
3,597
139
22
13“
curring at this stage of the season it is believed that their Mobile
302
Florida
-effect will prove generally beneficial by restoring values to a
13 3
CG3
145
291
61
235
1,541
sound basis,-and promoting the control of legitimate inlluencs. Savannah
Brunsw’k, Ac.
The weather in all sections has been favorable to.crop pros¬
16
1
68
28
80
113
Charleston
306
pects, but serious oveiilows of the Missouri and Upper Missis¬
Pt. Royal, Ac.
26
26
119
1
7
6
133
Wilmington
sippi Rivers threaten to do some damage.
13
Moreh’d C., Ac
43
Not in many years lias there been so serious a disturbance
178
29
107
59
91
Norfolk
ISO
646
in provision circles as that which has taken place during the
West Point, Ac
236
236
past week. The failure in Chicago of the most prominent New York
10
50
139
199
318
86
190
45
•32
operator led to others, and at one time the position was thor¬ Boston
671
1,715
1,715
oughly demoralized. Lard declined H to
cents per lb., as Baltimore
29
141
636
201
450
11
Pkiladelp’a, Ac.
1,471
to the option dealt in, and pork fell away $1 50 per bb).
Totals
week
1.913
the
the
there
this
3.436
Toward
end of
week
were spasmodic efforts
1,588
2,370
1,719
1,383
12.395
toward recovery, which were only slightly successful. As a
For comparison, we give the following table showing the week s
result of the decline in lard the exports were materially in¬ total receipts, the total since Sept.l. 1882, and the stocks to-night
creased. To-day lard opened higher, but soon re-acted down¬ and the same items for the corresponding periods of last yeais.
1881-82.
ward, and an unsettled feeling set in ; July options were sold
1882-S3.
Slock.
Receipts
to
at 10T5(fl)l0'05e.; August 10 15@10’09c.; September 10 15@
This
Since Sep.
Since Sep.
This
June 22.
1883.
1882.
Week.
Week.
1, 1881.
1, 1832.
10T4e ; October 10 15c ; seller year 9 75c.
On the spot there
were sales of prime Western at 10'25c.
55 3
Galveston
425.896 18,999
821,343
1,499
6,291
Pork was slow and almost nominal at $18 50 for mess. Bacon
10
Indianola,Ac.
16.887
13,721
ruled dull at 9%@10c. for long clear.
Beef about steady at New Orleans...
2,216 1,178,674 106,198
3,597 1,616,139
71,614
$20©$21 for city extra India mess. Beef hams remained firm Mobile
367
261.23 4 10,090
302
310.505
3,340
at $20 50 for Western prime.
Butter has had a fair movement Florida
18,410
27,207
at steady figures.
Cheese has been active for export; good to Savannah
2,882 724,636
807,814
1,541
4,221
5,253
fancy State factory 9>i@lle.
Tallow remained steady^ at
7.026
Brunsw’k, Ac
5,5u5
73^@8c. for prime. ISteariue is steady at ll;Jqc, for prime ; Charleston......
306
493,751
561,560
3,217
5,009
7,704
oleomargarine 10j$c.
Pt. Royal, Ac.
26
24,392
24,528
Rio coffee has been lirmer on the spot aud closes at 9/£c. for
5
133
134,717
G20
127,03
1,642
fair cargoes with a better trade; options have been only Wilmington
M’head C., Ac
5
43
26,521
19,457
moderately active, though to-day the sales reached 40,25*0
Norfolk....
646
607,789 23,521
791,012
1.398
5,341
bags; prices have advanced, and No. 7 for July sold to-day at
West Point, Ac
233
236
191,292
226,74
8
7*65@7'75c.; August at 7 70@7*75c.; September at 7‘b0@7 85c.;
162
199
137,215
158,873 200 243
207,938
October at 7,85@7'90e.; November at 7 90c.; December at 7'95 New York
671
22 4.650
187,7G<
1,705
7,080
8,350
@8 (5c., and January at8C5c.; mild grades have been fairly Boston
66.335
223
21.048
1,715
18,022
20,090
active and steady, but the close is quiet.
Tea has been steady Baltimore
893
1,471
6,301
107,24!
89,772
but quiet. Rice sold freely for a time, but closes less active, Pliiladelp’a,Ac
14,303
though firm. Molasses has been steady; 50-degrees test Cuba
Total
12.395 5,381.551
19!'
13,869 4,611
401,626
351,644
closes firmer, n tact at 20@2t5/£c.; the lower grades of New
Galveston includes India iola; Charleston includes Port Royal, Ac.
Orleans have sold more freely at 30(g40c. Raw sugar has been Wilmington includes MoreheadCity, Ac.; Norfolk includes
City Point, Ac
more active at a decline in Muscovado to 0%c. for fair refining,
In order that comparison may be made with other years, we
though centrifugal has been steady at 7%c. for 90-degrees test; give below the totals at leading ports tor six seasons.
refined closes steady at 9%@9>2C. lor crushed; 9/6@9%e. for
1883.
1882.
1881.
1880.
1878.
Receipts at—
1879.
powdered, and 8 13-!6c. for granulated.
Kentucky tobacco has been steady, although the movement Galvest’n.Ao.
553
2.933
825
867
1,509
I,3f4
was
not up to anticipations ; sales 143 hhds., of which 91
New Orleans.
4,054
962
2,216
3,98 e
3,597
1,500
were for home use and 52 for export.
Lugs were quoted at Mobile
30 2
367
G6I
834
177
451
Seed leaf has been more Savannah....
5/£<ft6/£c. and leaf at 7@10/2C.
2,882
1,932
1,511
1,231
1,043
1,515
active, and a steady range of values is maintained. The sales Cbarl’st’n, Ac
332
816
640
206
3,217
55
embrace 4,000 cases, including 2,800 cases 1882 crop Pennsyl¬
176
10
35
75
123
Wilm’gt’n, Ac
49
vania ll@20c.; 400 cases 1880-81 crops do. S@14c.; 500 cases
882
Norfolk, Ac..
3,152
4,286
438
1,631
1,058
1882 crop New England ll>i@25c ; 100 cases 1881 crop do. 11(g)
411 others....
4,036
8.467
2,993
2.23
12,000
1,129
30c., and 200 cases* 1882 crop Wisconsin Havana seed 10@12c.;
On

....

....

....

....

KJ

....

....

....

......

....

....

....

....

....

....

....

....

....

....

.....

....

....

....

....

....

....

....

....

•

•

-

•

.

•

....

....

....

.

.

.

....

....

....

....

...

....

....

..

....

....

•

•

•

•

•••••.

......

......

(

,

..

.

•

=

also 450 bales Havana

@$1 50.

80c.@$1 18

;

and 400 bales Sumatra 95c.

Tot. this w’k.

12 395

13,869

23,47c

23,511

6,293

6,879

Since Sent. 1. 5881,551 4611,199 5646,168 4825,077 4420.90314237,315

early in the week were irregular, but at the close
The exports for the week ending this evening reach a total
an improvement, owing
to curtailed offerings;
strained to good strained, $1 6 J@$l 07/2- Spirits turpentine of 37,020 bales, of which 33,427 were to Great Britain, 394 to
closed legs firm at 39(g39}.<c. on the spot: there were offerings France and 3,295 to the rest of the Continent, while the stocks
for next week at 3S>ie.
Refined petroleum has had a fair w made up this evening are now 401,020 bales. Below are the
export sale at steady figures ; 110-degrees test lieie quoted 7/Jc. exports for the week and since September 1. 18S2.
and 70-degrees test 7%c.
Crude certificates have been very
Week Ending June 23.
From Sept. 1.1882, to June 22.18b3.
irregular, but the drift during the past two days has been
Exported to—
Exported t.i—
Exports
slightly upward ; to-day there was a decline from $1 18/2 to
Great
Conti¬ Total
Great
Conti¬
from—
s£lA.G, with the c’osing figures $1 ltUs ; sales at the two
Total.
Brit'n. France nent.
Week. Britain. Frame
nent:.
Exchanges 7,014,000 biles. Hops are selling in a small way at
312,115 39,32 4
160,593 512,036:
40O45c. for State 1882. Wool is dull, weak aud very much Galveston,....
15,078 826,323 235,355
436,106 1 517.784
depressed; the arrivals continue large. Ingot copper very New Orleans.. 15,078
34,5)40
45,290
1,100
9,35)
active; 20,000,000 ibs. Lake sold for export and consumption, Mobile
10)
Florida
100
all the year delivery, at 15c.
3avannah
110,312 25,6*8
283,0.8 418 993
Ocean freight room was steady and grain accommodation
Charleston *...
131.030 24,7 i 5
216,015 371,870
was again in request.
The business in oil vessels has been Wilmington..
53.172
57,762
4,590
large, although such was not the fact to-d)y. Rates are firm. Norfolk*
370 42)
28,935 3)9,495
To Liverpool by steam grain was taken to-day at 3d., 50 lbs.; New Yorit
672.553
304
7,027
154.879
3,045 10,970 4S3,5u7 29,077
443
173,012
4,705
4 765
172 599
bacon, 15s.; cheese, 30@40s.; ffmr, 7s. 6d.(ftl0s.; cotton, Usd.; Boston
235.7C8
250
3,202
62.431
3,452 168 401
4,823
grain to Glasgow by strain, 4©4%d ; bacon, 25s.; cheese, Baltimore,
94,932
2,155
91,566
3,356
40s.; grain to Hull * by steam, 3;4d.; bacon, 20s,; cheese, PalladelpV.,Ac 2,755
30s.; grain to Antwerp by steam, 3d.; do. to Havre by steam,
Total
3)4
33,427
3,2)5 37,020 2,759,518 418,366 1,351,706 4,529.590
10c.: gra n to Alborg, 5s. 3d. per quarter; refined petroleum to
Total 1SS1-82 2V248
8 923 m.0’4 44 785 2.243,377-358,201
760,185 3.361.763
Baltic, 4;- ; do. to Antwerp or Hamburg (10 days), 3s. 5d.; case
lnciuut's
ports trom Port Royal, Ac.
oi;*to Cortu, 21c.j i . •
...
t Include.4 oxports from West Point, &o
Rosins

there

was




......

......

......

•*

'

......

.....

......

......

......

...

.

......

....

......

....

*

»•>.

......

.

.

....

......

CHRONICLE
d

to above export 3, oar teiegrams to-night also give

In addition

We add similar figures for New York, which
prepared for our special use by Messrs. Carey, Yale &

ports named.

the
are

lily market, the prices of sales for each month each day, «d

m

>

*1

Z*
\

©

On

Jpxis 22, AT—

Other !
! Ft'ance. j'Foreign

Great

Coaslwise.

:

2,500

351
None.
None.
None.
None.
None.
None.
None.

15.S70

351

3.181

Habile....

None.
None.

.... -

C
ston
S ivautU'h
(t ilve^ton

xwme.

5,295

Norfolk

2.009
2,900

—

N )W York
O .her ports

397
None.

712
100

None.
None.
None.

150
1.0 26

70

500

^

P Bj

©

I*

19,475
195,893

1
:•

P

23,511

378,115

o

30.015

»

4,331

2,947

Sog X

©

G'C

Total 1881

7,099

7.839
9,553

19.SS4
37,382

Total 1882

4,850

314,928
322,841

30,710
53,714

1,801
1,923

j

-

the week somewhat

depressed, but late

on

Monday the reports

Missouri River, indicated some danger of an overflow
of the Mississippi River, and possible danger to the growing

in a considerable section.

demand to cover
ment in

values.

©

O
to

There

was consequently a
contracts, which caused a slight improve¬
This influence was exhausted on Wednesday

quickly rallied.

next crop

Tiiis afternoon there

were

©

CO

Sat.

NEW ORLEANS.
MonTneg

Sat.

Sat.

1-1 M

tit-

<

99

2

O’ Gi

<
©

2i1—1

©C©

1

1

G'i

-

1-

CO
*-

C
X tt.

5-

©2c

.w

^0

7^8

79ie

79io

Strict Ord..
Good Ord..
Btr. G’dOrd
Low Midd’g

She
87a
9*>16

8
8 i‘h

8

lobe

Str.L’wMid 10^8

Middhng... 100|b

778
S°16
9%
91310

0

©

Tae*

9©9
to
to

c

~>

3I3lfl

9^
10

9%j
10

1051(J

I03ic

10516

10%

7131(?

7i*V

7%

713i6

8%

71316

8%

8°i«

8%

8%

91,6

9%«

9%

93j

91,8

91,6

934

©F

913ift

9%

9%

10%
10°,e
109ig- 10%
1034
101316
11%
113lo
1 17I6
1138
11%
11io,e
12%
1211,6

10%

10%

lio

1

109^

10%
109,^

lO^a

10

1078

1078

101316 10%
ll’ho 11%

11%

ll^

ll7l^

Midd’g Fair H"l« 1158

11%

IH516 1178

12%

12%

121116 12%

Good Mid..

Btr. G’d Mid

Fair

llSie

12*lft
Wed

11%

Th.

Fri.

Wed

7916

7916

71316

7l»le

7131k

8

8t3j6

8%
9lm

9

934

8%
0%6
9%

8%
91,(5
9%

Th,

Fri.

Wet?

09,0

10%

11%

10%
11%

11%

11%

11%
12%

11%
12%

-1 c:

Gi

©“j

©

t-‘

tt
°©
©

Strict Ord..

8

8

Good Ord..

813le
9*2

81*5!

Str.G’dOrd

Low Midd’g 10
Str.L’wMid lO^ie

Middling... 10’a

Good Mid.. 1078
Btr. G’d Mid 11 is
Midd’g Fail 11 '"’8
Fair
1238

P

9^2
10

10

1(/5i'6

10*>ig 109,6
10 34
10^2

lrn^
10'8
11 lQ
11%

10%

11%

10%
11%
11%
12%

12%

10%

10%

109,e 10»l6
10%
1034

©

c

c-

-1

it a

99

©

ab

*1

-too

:o

to

to ©

©
©

1

1

© 00

Middling....

8%
9%

713,6
| s%
! 9%

aox

^

CO Gi

;_J

The total sales anl future deliveries each day during
week

are

indicated in the

venience of the reader

glance how the market closed

a

on same

io

days.

<
©

Cl-

-

©

h-

© ©

© co

c ©

G'i

-1

©

©

1—a

1

<1

’

©

©

1

1

9

<
©

M

1

-1

1

•

k—

a.

d

^
:

©

©Co©

9

-j

to
M

t-

o©
©

Gi

© to

1

..

1

l

'll:

10

A\

CG

©

CO

^

!

1

to

1

1

:

1 ®

!-■ —

<•

*

9?

C-

t

SPOT MARKET

CLOSED.

Ex- |

Con-

263
3291

.

or

165

•

....

1,607!

are

....

1

Riven anwve are

t.hev

•

a.w|

1,'A!0!

The daily deliveries

•

130

195

.

Tjtal

•

130

....

'

I

and

Prices

300
300

ns

►*—

1 ©j

5,737 357,000

1,90u

500
50

average

The

reported

ing comprehensive table.




are

I-*

©

t-

to

n

co ©

<

1

1

G<

I s»

©Co©
©

to

GT' .J*

0

—

200
'

.10*3

c

i?
,5
1
©

:

l &

©9©
X © X

'

tU

^

c

:
x

-

1

1

1? 51

©

GO

*■»

©

1 ^

1

!

:

9.9

:

©9

1 Of

April.

O

11

k
^

1
i

ct-

»-3

1 ^: :

M

8:

:
1

-1

if,

'r

©©

to t o C to

Gi

f

I

►

to

10*3 Aver

!“*

•

1 S'

:
co

k to

©

0

<5

to —

CG ©

9

©

© ©©

1 g'. ©

C O

:

©
^

1

fe;

September, 1882, for September.

500.291; Septem-

Scp0-mber-Novemlier lor November,

55c

;

Monday. 10 55c.; Tuesday,

10-00.*.; Wednesday, lO'ooc; Thursday, 10*50c.; Eriday, 10*1;. e.
Short Notices for June—Monday, 10*50;*.*, Tuesday, 10*57e.
We have included in the above table, and shall continue each
week to Rive, the average price of futures each nay for each month.
It
will be found under each day following the abbreviation “ Aver.’f The

actually delivered ilie day pre-

Futures

—

9

i &

:

Transferable Orders—Saturday, 10

300

by the follow¬
In tLAs statement will be Lund the

o?

>

>

11 9
,U

©

ber-Oetober lor October, S 15,000 ;

•05

The Sale3

lm luUes sales in

r— * ■*

a

eries.

43,800
35,6 JO
69,500
6 i ,200
69.400
7 7,o 00

263
329
325
4,300
355
!«:,

*

Deliv¬

Total.

sit.

300

.

to that

Spec- Tran¬

port, sump.: ut'Vn

Sat.. D .ill
....!
Mon Q net at il6 dee..
...J
Tuts. S: eady
i*ed
'• asy
4,000;
Tku% Ka-y
-.
....!
Fri.
Dull and nominal

T ous

j

FUTURES.

>

-1

—

SALES OP SPOT AND TRANSIT.

©

ft*

©

c«j

1 5*

:

9,‘ :
>—*

©

1

©9

©

r*

2

I $:

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speculation and
in transit. Of the above, 39 bahs
The following are the official quotations for
were to arrive.
each day of the past week.
UPLANDS.

>

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130 for

June 22

©
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including 4,000 for export, 1,097 for consumption,

June 10 to

M

00

For immediate delivery the total sales foot up this week

5,737 bales,

g'i © ©

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The total sales for forward delivery for the week are 357,000
bales.

X

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features, and the close was quiet.

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no

Cotton on the spot
was dull nearly all the week, and Monday quotations were re.
duced 1-lCe. On Tuesday a large business was reported for
export. To-day the market was quiet and unchanged at 10}-£c.
for middling uplands.
new

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morning, when prices again steadily declined to tiiis morning,
when fresh dangers of an overflow were reported, and the

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for future delivery at this port opened

The market for cotton

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Total 1883

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12,078

0,321
4,340
4,550
3,000

None.
None.

1.150

•

150

2,346

si

X'

©
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to

101,554
10,090
4,309
4,071

4,611
None.

None

000

r~“

5* S3

•

.

Now Orleans....

o3.
cc

?;■

Stock.

Total.

i

Britain.

so

—

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Leaving

a

Oho

•

Shipboard, not. cleared—for

X

'53

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Broad Street.

Lambert. 89

109'

the rdosinsr bids, in addition to the dailv and total sales.

following amounts of cotton on shipboard, not cleared, at

the

ns

THE

1S£3.]

June *23,

•00

shown

I

•54
*20

for each month for the week is also given at bottom

of table.

following exchanges have been made during the week.

pd. to exch.
pd. to exch.
pd. to exch.
pd. to excli.

1,000 July for Aug.
800 July for Aug.

300 Get. for June.
500 Sept, for Aug.

•57

p(l. to
pd. to
•07 pd. to
•07 pd. to
•05

excli. 1,3Co Nov. for July

exch. 300 June for Aug*

exch. 000 July for Aug.
cxch. 900 July for Aug*

t

CHRONICLE

THE

710

bales more t ban at the same period last year.
The receipts at
the sr.me towns have been 85 bales more than the same
week
last, y^-tr. and since September l the receipts at, all the
towns
are 74S.519 bales more than for the same time in
ISSI-2.

The Visible Supply op Cotton to-night., as raado up by cable
and telegraph, is as follows. The Continental sock'*, as well a*
those for Great Britain and the afloat, are this week’s returns
and

consequently all the European figures are brought, down
Thurseay evening. Bur to make the Urals the complete
figures for to-night (June 22'-, we add the item of exports from
the United States, including in it the exports of Fiiday only".
to

lssl.

1 s3is

57.500

9> 0,ooo
59.300

8 8 s’,000
50.600

781.000
52.200

1,0:9 r.oo
4.000
5O.SO0
4-.000

959.300
2. MOO
26.300
15 800

9: 8.600

836,2'M*

5,300

*-\ TO
5, iOO

1 0 >9
2 3«iD
129 * 4 M »

5,5 to

2.800
40 90
16. i00
2 55

lns3

Stock hi Liverpool
Stock «t London

ba:et»

l '82

982.‘MO

.

Quotations for iMiddlivo Cotton at Other Markets—In
table b^low wj give me. closi ig quotation of mi
tiling
cotton at, Southern and other principal cotton markets for
each
day of the past week.
tht-

Wn l:

T'Ohi

Stock

Britain Hirer,

<4rcs«t

Hamnurg

at

Stock at Bremen
8 ook at Amsterdam
Stock at Rotterdam

Stock
8

Antwerp

at

8 ock

15H.000

Havre

an)* ai

at MsirneiUeH

0 0O0
0 i OOO

8»ock hi Barcelona
Stock at Genoa
Stock at 1 nestc

17,000

5 _,i.OO
42.200

202

o»»

2.500

4 000

33.UIHI
7 (100

54,9 ■ •*»
4,* 00
7,2ti0

rj.ooO

U.loO

4 *

•

continental

stocks...

220 400

39.'). 100

*»»■

1 t'ISt Mil

5,7oo

i

ins*
104

1<n-3

U»78

107s

;.:t4

9^

Augusta

Memplrs

Total European stocks..
1.431 900 1. 85,700 l ,31 / i 4 0 1,''55 27'1
292 OOO
India cotton afloat for Europe
509.000
0.5.000
38*."00
14 l.000
Amer’n cotton afloat forEur’pi
2-7 .O' 0
2s 9.000
30* ooO
.

.

Egypt,Brazil,Ac..aflt Tor E’r’pt
8rook in United States ports ..
St *ck m U. 8. interior towns.
“United Htctes exports to day..

31 OOO

1,028

351.044
53. I'G

4

77.M99
3 ooo

27 no

< 4)0

*

376 5 l >
bl x?5
0 200

5.Ooo

8i

27 1.000
22 7 OOO
4m .0 0
77 9 9
3.000

677,000

100,000
14 l .OOO
3 1 614
53 106

2 i7.ooo

5,000

6,200

2W9 OOO

532 m t
13 v> *
30 *.000

213 ooo

57 500
121.400
30,.oOO

37 6 5 1

2h: 93

>

81 s; 5

566.ooo
59.300
A 26 4«*0
3SS.C00
31.000

11,000

Egypt. Brazil, Ac., atloat

7 7 0,9* '0

Total East India, <feo
ToLai A meric h li

1,722 025 »-*

211.0**0
50 600
132 170

25 >.i ••
5 ',200

29 2.000

3o!».00o

IVetk

84 070

45.000

97-* 700
730.770
721,270
-i -i c 1,677,620 1.35.>, i09

6

**

increase, of *11(5,110 bales

an

4.

c=

a

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•

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•

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•

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iocs fr-c^r«c©

X
•

©;
3.

•

.

X

.fr
a

CC CC tC w- —
C£
tC vl
X © fr
X X to to to to
00 O' © J. C O' X fr- fr- X X ©

—

fr-

I-* — x fr-

Oj C CC tC
to X C frX
© fr l O' to © ©

ih

^
vd

fr

ono

■

r

X
A

o

^

fr*^

to

*■

11,1(51

3(5.021

14

0

19.9! t

2 >.333

2- ,55

10,184

34.134

HI 4

4^.7''1 215 2 >:i IK

49 l 0

25 88]

50.5 5 19 .'0

42.415

2').sr.4

43 .*7

3L-5

18.981

3 '.539 117. 7

1

-n

29, t.l
.

21

..

j

■

•2 9 47

22

during the week 9,984 baits, and

are

127 03

.

147.94

174.8 9 115 435 133.871
104 O

’sl 125

50

3 <.4 !

l: 0 47o

93 5-5 114 079

15 62

vf

109 -SHO

8.394 105,' 20

13 65

2‘ 5 3

90.947

72

13

12 .3' ;5

91 2.3

01.837! 88.240

DiC

statement

since

327,1-0.*8

.41

40*1

IH7.S

2 \r 02

8,00H|

0.51

2.5(4

s 9.(05
30 233

21,'VV
2,34 v

5 517

19.540

5,433

10 703

15.7 'f

24i7

14.4.0

17.'.>s

3,29 fr

1,872

snows—1. That the total receipts

September 1, 1882,

from the
5,953,300 bales; in

were

the balance beiug taken frin the stocks at

]7.759 bales.

give

i

1880-8

881-82

i.

1879-80.

September 1

/

in

1,551 4,611 13L 5,640,1 68 1,825,077
•

y

$

'IO

plantinhifr 5,953.506 4.627 61
*.27.317

44

3mm,OX

22 t,0

6,889,623

sight June, 2 2

i

1.3.>3

7

52,39*.

16,112

5, 98 56
•*98,63
li U.OOl

do

scon

as

eompnred with las!,

oy mid

an*ve

2.835

1,-9 ,912
;>»

0,-39

160,000

5,29 2,04 1 6,387,192 5,618,750

tfif, merest*- i:i siui.iu .t mi sight
year, ih 1.587.079 bales, us compared

Mitt,

by

Telegraph.— There

seems

to

be an

.

•

(men*

lndianola, Texas—The weather has been

P

The above totals show that the old interior stocks have de¬




40 005

32 351

M| !8»».8 0

from 81 to 91.

X

This year’s figures estimated.

creased

55,244

8.33 J

two

'■*

b

--

19 032

4’.317

sprinkles) on
days of the week, the rainfall reaching fifteen hundredths
of an inch.
Crops are generally good, but freed rain more or
le.-s everywhere, the rains having been very partial and
spotted. Bolls and blooms are abundant in all South and
Central Texas. The thermometer has averaged 8G, ranging

’

rf

fr-

fr- >x’co to b^i
i j xx©'s © * — to cc x
fr- — © fr 1 — 0 © O' 03 X to

cc

08.8S9

Bi.h;

,1-x 18 >2.81 21.3 029

Galveston, Texas.—We have had rain

>

-

Cl

IS'3,
*

72 'I-'5 201 5 9 201. 47 2<'\4" l

in the cotton section.

a

42

■

k—•

00

27. 2

improvement this week in the weather, there having been very
In tie lainfall and the temperature being higher.
In some distriels of Texas rain is needed. Some anxiety is felt on account
of the rise in the Mississippi, but no harm has as yet been done

-

frat

X

r-

© -I © to X

8,438

O ’. 527 *4

59.211 225 s2-i ITT 8

Weather Re forts

10 ->

-

>*

O*

■

1^2

X

03
— —
**l * 1 'X . C tO X fr* tC Off.-* (3 O' X - ) X CJ © 33
C. © 10 to - fr- -1 -J CS X >- 4 O' t- 10 0" 33 — —
—

H* :•

•

I'lant’nt

«l.

witlr 1880-81 is 4.03.13L bales and wiili 1879-80, 1,201,873 bales.

fr-b«0'7-

c
x
x to u. o: »c x io
© x O' o' x r. ©
to
>-■ j

S

-I

•

1

| 1*.“3

215.941 257.152

33 006

.71-

:n tu

win
ti*-»iitrl»r.

X

A 03 iC

xc."to

sc

to

2

1
15

It

1

p
03
f*4*
^ 1 w fCC lO
V- •*- O' Z- o. SC O'

31229

*;o ; = s

1 <v»2

*

-

b

01.:»7'

s

'l ors*I

to
1

fro

J

sc
K—

78.70 • 277.35

Southern eon.frUmpL’u io June 1

c

J-

fr-tju

fr-

-1

*£>*-* ^

41 4157

Net overland to June 1

o,

A

oo

So.* Jl(i

Tot. reeeipts from

c

(XJ*

fr-*

fr-

bfrtoo

to

...

excess or

'

5"

—

g*

b

...

••

jSt’k at. Interior Town*. JlfC'pts from

Ke* ejpis lit 1 lie. p»*l‘tH t(* Juif 2- 5.8 s
/
Iniermr stoeks «»ri .Iunc22 in

J

45

*->

*c-

is

c

-

it- — O' x fr) c
x cj c. ~ 10- x / ocs 'i
U 0« X X 3.
CJ - to - 1 c CJ — Cj
4 X
fr) Ifr CS O iXC tfr 0 X fr| fr- X fr 1 O' X 4 X w o.

Table

Cotton in Sight June 22—In the table below
the receipts from plantations in another form, andf
add to them the
net overland
movement
to June 1, and
also-the takings by Southern spinners to the same date, so as to
give substantially the amount of cotton now in sight,.

-•

fr- —

following

Amount of

>.
fr-

»7a

io
10

PLANTATIONS.

i''H2-83.

X

-

IS

'<5.

w»*

3-1
r?

to

O'

“
“

were

Towns.

fr-

*c
03 O' to X -1 O' ^1 X O'

978

IO
lo

10

34

interior towns.
Last year the receipts from the planta¬
tions for the same week were 3,298 bales and for 1881 they

52; r; op
Y: g a;
f3;

V

IO

lH!*|.

c.o-oxc-13)

_

1*

:ii

n

the

-s

X C C

03

o

towns.

oof*;

V—4

SA

^ c

i <>•%

078
07d

Plantation's.— The

the

1* 3

only 1,872 bales,

-

u-sa

18 *1-82 were 4,027.011 bales: in 1880-81 were 5,098,503 bales.
2. That, although the receipts at the out-poiis the paat week
were 12 395
bales, the actual movement from plantations was

statement

£ • ^ c ~1.- £■£ P
* st frO c p: 53
r. rE =
?~£=£'£t£ZSS~2~'-5
b'c
= p p = ® < % z
rc i 5 »
z

978
978

10
10

lss2

45.')

..

’plantations

7:^

|2S£S,^

9*\

97a

l.vsl.

The above

period of 1881-82—is set out in detail in tb“ following

t—

from

4

....

“

Towns the movement—that »s the receipts
far the week and since rfept. 1, the shipments for Mie week, and
the stocks to-night, and the same items for rh
corresponding

p

Hi

34

:.3*
10

S

11

•

as com¬

....

27

I uno
"

At the Interior

&

...

2')

Msiy

.

ponding date of 188L and
pared with 1880.

...

13

’*

83^“ The imports into Continental ports this week have be>-i

P

to

/

47-COO ha Us.
The above figures indicate an increase in the cotton insight
to-uighr of 3J5,<>7i> bales as compared with the same date of 18S2,
an
increase of 85,135 bales as compared with the cones

Z zr tr r ^ tc yA

1(6U
10

Ilectiiit* ur in* Harrs.

27 0<*«

**

O

10-H
10^8
1(6*,

9

emit rut—

“

c*

lo:i|
10^8

34

consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.

2.49 :.525 2.158. * 50 2.403.390 2.077 379
O 11 j
< .3i
o7si
63H;d

Total visible supply
P.-to*- Mid. 11 pi.. Liverpool

O

U»3t
l(.r>8

978
10

•

ioutheru

8112
9.0o«

A pi.

85

9
lo

RECEIPTS FROM

I.lveri'ool stock
London stock
ontincnt.ai stocks
ndta afloat for Europe

j

IO

f %
10

•

978'.

978
1

therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequeur inquiries we will add
that these figures, of course, do not include overland receipts or

1.722.62,) 1,187 750 1.677 620 1.353 109

Ofal Aiuhiloan
H.asl Indian,Frazil, Jc.—

10

97s
10

!-78

\ O

!,7a

i

9 7u

prepared for the purpose of indicating the actual movement each
week from the plantations
Receipts at the nutports are some¬
times misleading, as they are made up more largely one
year
than another at the expense of
the interior stocks. We reach

ri»u«»«*»:

534.0UO

...

Keceiptm

2

...

9.Ooo

at mean—

L,iverp°"l stock

...

978

10

:,76

5;
978
9

2*7.937

r can him) or nor «teHeni»i,u>M- stre

OoMtiiiental stocks
American afloal for Europe
United Stales stock
Un fed Slates interior stocks..
United States exports to-day..

*

4

2.403.525 2,158.450 2,103,390 2 077.379

Total visible supply

Of tbeabovH.rhe totals of Aim
A

4 l .«'• O

lo

....

Luiiis
(’inemnsti i
L uisville
st.

Fri.

1»78
07b

It)
IO

10
10
10

10

Thins.

01

1174
97a

u»

Pliilsnlilphia.

219,07*.

li ’C'tiies.

cs.

978

97a

..

T

9l*V.

9 "fr ri> 1 o

.

gir )T V ri *\’S F')l : Mfom.ivo corrov
Man.

10
10

isth estMii

.

15 Ooo

379.170

Sut nr.

New Orleans
.Moltile
Siivaimah
Cliai le-tini.
UMiniiiiiimj..
N it*ill:
Bstitim<*:-e

Total

CL >*«NG

e.nriinfj

June 22.

1.3 -0
fcO
o
5.30m

1,130

fVoL, XXXXY

to-night 24,893

'

warm

and dry

during the week. Crops need ram badly, though no serious
damage has been done to cotton as yet. The thermometer has *
ranged from 82 to 92, averaging 87.
Dallas, Texas.—We have had warm and dry weather during

i*

tlie

It is terribly hot, but crops are doing well.

week.

87, highest 101 and lowest 70.

age tliermonieter
Brenh.am, Texas.—The

during the week.
but sandy lands

weather lias been

warm

and dry

has averaged 85, the

Texas.—We have had warm and dry weather
during the week. All crops are magnificent. The thermom¬
eter has averaged 84, ranging from 70 to 04.
Hunts pi lie* Texas.—It has been showery on one day of the
week, the rainfall reaching eleven hundredths of an inch.
Crops are fine, but some sections could be benefited by rain.
The thermometer lias ranged from 74 to 97, averaging 8(5.
Weatherford, Texas.—We have had no rain during the
week, and none is needed just yet. - Crops are very promis¬
Palestine,

Average thermometer 81, highest 90, lowest 71.
L’iie weather has been warm and dry dur¬
ing the week
'There never was a better promise for crops.
The thermometer lias averaged 84, the highest being 90 and

ing.

Belton. Texas.—

Texas.—We have had a drizzle on one day of the
week, doing no good whatever. The rainfall reached bu
three hundredths of an inch. The drought is dreadful: for
ward corn is lost past all redemption; late corn is suffering
and is not filling out ; and cotton, though a dry weather plant,
is suff n i ig imihi, and is beginning to bloom on top, a very
Cm cry is for rain. Tiie thermometer lias
bad indie tuo i.
ranged from 73 to 10), averaging 80.
Nem Orleans, Li) nisi ana.—We have had rain on two days
of the week, me rainfall reaching seventy-five hundredths of
an inch.
Tim tliermonieter lias averaged 81.
Shreveport., Louisiana.—We have had very high and steady
temperature, with clear weather during the week. The ther¬
neter has

Below

New Orleans

Fert.
2
30
8
17

high-water mark

Above low-waier mark.
Above low-water mark.
Above low-water mark.
....Above low-water mark.

Memphis
Nashville

Shreveport
VieksKnrtr

huh.

22

Feel

lu.cn.

2
29
13
14

8
O
10
L

o

2
1 »

It

x

r%

3 *

-2.

New Orleans reported below tngli-waier mark ot ls/i .mill
Sept 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874. which is 6-lOths of a foot above
1871. or 16 teet. above low-water mark at that Doint.
Weather Record for May.—The following remarks accom¬

the month’s weather reports

pany

for May, 1833, which report

be found in the editorial columns ,
Weldon. N. (J — The month has been very dry and crons are backward
in consequent e. i lm irromul bring so hard that corn ami cotton can
scared v break tluough it.
Charloltc. X. 6’.— Lijrht frost on the 2 hit badly damaging cotton and
put <to vines, is lO'-iaby mv**ofc »»o nr,no-4.
Wilson, .V. C — May liasbo>ti a very dry month. A good ded of cotton
n,n no v «*r iiwip-t to the dr> wcataer; cr ps of all kinds raa backward.
Middle (Jape Fear, V. t'-Mo til of May quite cold. Corn mid cotiou
will

very

weeks
thirg.
in the lie UR thought to

Colton lodes bud ; that which has hecn up nix
ami is n *t> over six. inches liidi as a general

backward.

looks re-1 and

sickly,

Augusta. On —Watermelon vines and cotton
e oeiMi i 'jitred hy theunsea. onably cool weather about hoy
4.
Atlanta, Oa — :Mo.it h favorable for‘wheat, too dry lor oats and

ha

Cool for

e. *11. • *>.

too

(with slight f••«>*!) cm the 22d. 23d and
aided the growth of cotton. I he y m g

Columbus, Cl i —-Co d weather

7-3.

Lain a).

mo

June 21, ’83. Jut is

Aver¬

It is stifling hot. Crops are very promising,
will soon be needing rain again. . There are

plenty of cotton bolls. The thermometer
highest being 100 and the lowest 70.

the lowest

711

THE CHRONICLE.

1883.]

Jews 23.

*T-

ranged from 74 to 99.

lias

s

Col'i’n'xLs, Mississippi.—The weather has been warm
dry during all the week ; good grass-killing weather.
thermometer has ranged from 08 to 101, avenging 80.
Litt’e Kook, Arkansas.—Telegram not received.

and

The

drizzles

on

two days of the week, tlie rainfall reaching three hundredths
of an inch.
There are some complaints of iields being foul
with grass, bur, otherwise the crop is developing promisingly.
The above rainfall, three hundredths of an inch, is for week

ending Thursday ; from ten o’clock Thursday night to six I
o’clock Friday morning we had heavy rain, tne rainf ill reach¬
ing two inches and fifteen hundredths. The thermometer
has averaged 81 5 the highest being 95 and the lowest 07.
Nashville, Tennessee.—We have had rain on two days of
the week, the rainfall reaching seventy-five hundredths of
an inch.
Average thermometer 80, highest 93 and lowest 6*3.
Mobile, Alabama..—It has been showery on four days of
the week, tne rainfall reaching one inch and eighty-tvv.o hun¬
dredths.
Weeds are growing so fast that they are becoming
troublesome.
The thermometer has averaged 84, the highest
beihg 99 and tlie lowest 75.

tinted

or re

but f;.v i ablj
rapid growt •. me
fair.y good a id label*

smul for

are t heref re unusually
tlie season,
wcuiher from this lime forward wrl soon cause
Iields are well cultivated—tne stand of cotton is
amid lit
Macon. Oa— From M *y 2d<h to 2'*th it was

plants

cold, and ’here was a very

d

light fr st; Imt, mvmg to the weather being so drv, no
mage was
done. Stands of ec» t m reporte I good : Imt the plait is ii'amt 10 days
late compared with last year. but. lo.». 8 wed
We are n**\v n «
in this immediate vicinity. Cood se ison* will nringeveryt liing right Tne

dim: raiu
I hear no
acreage in c *it-m will’turn out. about, same as last >ear.
compaint. about iho labor. TuU dry weather gives a g oil time for
eh >pping out, the co ion.
Forsyth, <7a.-UiiusiiU' spell of cold weather oil the 22d and 23d. Gen¬
eral outlook oromi-ing f.>r plan era.
Montgomery Alabama— On the 24tli the. temperature—11 cleg-cos—
1 iwer liaii in a y previo ns May of which the. station has >» reeo df
and
iglit frost ( .ot dam *guig) was report* el in this vicinity same eiuto.
(rreene Springs, Ala.
Cotton about two weeks later than last year.
was

a.

Light .rosts on

Vie/cshart). Mississippi.—We have had no rain during the
week.
Weeds are growing so fast that they are becoming
troublesome.

Memphis, Tennessee.—We have had miserable

‘2 till 'Ala.

Vdd and 2dd retarded growth.

Columbus. Jlliss.—Weather during
heal hy for notion. Fre t on tlie
n

iv lit*-.

Vicksburg,

the entire month cooler than was
22d, follow, d hy three} extra cold

Miss.-Vegetation suffered somewhat from

drought be¬

th.
Brook-haven.
Miss - F<om 21st, to 2-'.tb it was unusually cool,
and on ilie 23d wo had a white frost:, which c lu cked the growth of
cotton and corn.
Planters are getting along nicely wiili their work;
sev ral have laid by their corn and are al-e> done s- raping cotton.
Oat;
crop promise's we*,!.; reaping going on at present date.
Aas/ui/le, Tenn.— L *st. frost on the 2-4th, being an average 2<> daya
later (ex*'o -ri *g Mar, IS-2). than ♦here is rce:<*rd of at this station.
Mem his. Tcnn - Frost, on the 22d and 2 .el di*l some d image to crops.
Ashwood, Tcnn. - A light Lost oa the 23d. Very cool nigli s; corn and
cor ion ber-ind in cons q ncncc.
.Season two weeks Into.
tween

l !*m and 3

Indianolu, Tex.—ii^uvrally a <•<>

Jar-K-ou a.ml l»c\Viit
bemdit, to crops.

1, dry month.

counties, Texas, complain

Farmers in Victoria,
of too dry weather for

&c—There lias been very little increase
d-umid for bagging, but. t he orders continue to
in, and, th -ugh the lots are small, considerable st«»ck is

Jute I’utts, Bagging.
to ri*»t.e in the
com*

being placed.

Pri

-es are

steadily maintained, sellers not, show¬

de.sir-* to shade in order to vv *rk off stock, and at rha
close the-quotations are 9%e. for 1/2 lbs., 9)^0
t*»r
lbs.,
lO'T'.p.iO^c f *r 2 lbs. and llbfe. for standard qualifies, with
sales of 1.300 bales within the range.
Burrs are ruling rather
quiet at the moment, aud the only business reported is of a
j »bbing natuie. Tli-uv have been sales iu lots of about 2.500
Montgomery, Alabama.—We have had rain .on one* day of biles various grades at l%@2c. for paper grades and 2@2%c.
the week, the rainfall reaching three hundredths of an inch
for bagging qualities, and further lots can be had at these
Crop accounts are more favorable, and the crop is developing figures.
promising!v. 'The thermometer lias averaged 83 8, ranging
Co'iton Acreage Report.—In our editorial columns will be
from 73 to 96 7.
Selmut Alabama.—The weather lias been warm and dry found to-day our annual c Mfcou acreage report, with an account
during the week, and the crop is developing promisingly.
at length of the condition of the p’ant in each section of the
The thermometer lias ranged from 71 to 92, averaging 81.
Mad is. U, Florida.—It has rained on two days of the week.
South, together with our rainfall and therm uneter record.
The field- are clear of weeds.
Average tliermonieter 85,
New York Cotton Exchange—Oo Saturday last, June 16
highest 90 and lowest 78.
Mav.un. Hearyin,.—It has rained on one day of the week. the standing committees of the Cotton Ex -hauge were an¬
The crop is developing promisingly. The thermometer has
nounced. The more important committees are constituted as
averaged 80, the highest being 92 and the lowest 70.
Columbus. Georgia.—We have had very lght rain on one follows: Executive.—S. Gruner, Chairman, James F. WVnman,
day of t V w *ek. The thermometer has averaged 80, ranging Thomas Scott, Jam s Swann, Meyer Lehm n Finance.—P. A.
from 73 to 96.
Fachiri, William V. King, J. P. BilJups, Walter T. Miller.
Savannah, Georgia.—It has rained on one day of the week, Supervisory.—J. H. Hollis, K. M. Murchison, William H-nry
the rainfa 1 reaching twenty hundredths of an inch.
The Wood*. B>ard of Appeals.—D G Watts, Joseph Yeornau,
weather has been hot.
The thermometer lias ranged from 70
Robert Tannahill, Louis Walter, E H Skinker, Johu B L-ech,
to 97, aver »ging 83.
Augusta, Georgia.—The weather has been warm and dry D. W. Baldwin. Arbitration.—R. P. Salter, George F. Valen¬
during the week, with one light rain, the rainfall reaching ten tine, George Copeland, B. R. Smith, George Breanecke, Wil¬
hundredths of an inch. Accounts are favorable, and the crop
liam T. Tannahill, J. O. Bloss.
is
developing promisingly. Average thermometer 80, highest
Four applications have been male for m mbership since
95 and lowest 68.
Atlanta, Georgia.—The weather has been hot and dry, with June 15. and four seats are posted, giving notice of transfer.
Since the beginning of his mouth the business of the Ex-no rain during the week.
The thermometer has averaged 79,
the highest being 90 and the lowest 67.
change, by mutual consent, has not begun on Monday morn¬
Charleston, South Carolina.—We have had rain on two ings before II A M, and this will continue unit October I
days of tlie week, the rainfall reaching four hundredths of an next. A petition has now bjen sigue i to request, the B ard to

fco^ The thermometer has averaged 81, ranging from 70
following statement we have also received by telegraph,
Slowing the height of the rivers at the points named at 3 o’clock
June 21,1883, and June 22, 1882.
lHe




ing ai.y

prop sean amendment to the bydaws, making the
The Exchange 2 P. M. instead of 3 P. M. during the

July and Augu>t.
To-morrow a vote will be taken as
with the Fourth of July next.

do i ug of
mouths of
.

to extra

,

holidays connected

THE
VISITORS INTRODUCED IN

1883.

.T. Adger Smith, Charleston, S.
I). I>. Hunter, Liverpool.
Arthur Cary, Louisville, Ky.
F. A. Endlong. Mass.
II. Lamph y, Kufauhi.
A. J. Riinditucr, New Orleans.
K. Moysenburg, New Oilcans.
Geo. Lemmon, Han Francisco.
A. M. Wool, St. Louis.

C.

32#

Young, Katonton, Ga

down to June 21.

_

.

Shipments

Conti-

Britain

nent.

,

TolaL

since

Great

3H
si 1

This
Week.

Great

Conti¬
nent.

Britain.

2.000
2,000

1882
Madras1883
1882
All others—
1883

2.000

68.000
99,100

2,000

3.900

3,900

Since

1,000

5,500

2,000

26,200

4,000
25.200

*

100

Total all1883
1882

400

2,000

2.000
6,300

6.300

2,000

6,000

5,900

31,100

76,500

13,000

89,500

118,500

39.400

le7,900

The above totals for the week show that the movement from
the ports other than Bombay is 4,300 bales less than same
week last year. For the whole of India, therefore, the total
ship¬
ments since January 1, 1883, and for the
corresponding periods
of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.

1883.

Bhinments

all Europe

from—
...

This
week.

Since
Jan. 1.

This
week.

20,000 1,103,000

AU other p’rts.
Total

1882.

326,656

October..

930.58 4

March.

..

April
May

2,000j
2 2,(0

42,000 1,184,000

This
week.

Since

Jan. 1.

187,900

46,000
1,000

696.000
169.200

48,30011,371,900

47,000

865,200

89,500

Oil,19 2,500

Since
Jan. 1.

O/JOOj

This last statement affords a very interesting comparison of the
total movement for the three years at all India ports.
Alexandria Receipts and Shipments. Through arrangements
have made with Messrs. Davies, Benachi & Co., of
Liverpool

we

and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the corresponding week
of the previous two years.
Alexandria. Egypt,
June 21.

1882-83.

1881-32.

188C-S1.

Receipts (cantars*)—
This week....
Since Sept. 1

1,001
2.254.0-J0
This ! Since
iseek. Sept. 1.

Exports (bales)—
To Liverpool
To Continent
Total Europe

|

0,000
2,831.720
This

j

■

week.

j! This I Since
Sept. 1.11 week. Sept. 1.

, ■

1,COO,232.000 j 2.000 214,700: j 1,0001236,500
j 1,000; 80.0006M 1.401)1170.271!
: 130,632
i
;
1
i
;!
'

!

2,000,31

S.OOO'!

3.400

420.971'!

1,000 370.132

This statement shows that the receipts for the week
ending
June 21 were 1,000 cantars and the
shipments to all Europe
were 2,000 bales.

Manchester Market.—Our report received from Manchester
to-night states that the market is quiet, with limited business,
holders being less willing to sell.
We give the

prices of to-day
below, and ieave previous weeks’ prices for comparison,

i

752,827
595,59s
482,772
185,523

44

93s*

4.L>
4 4

513,0

9-4 n 10
94 ct 10
94 CD 10
93rf a 10

51016
54

3

5

34
534

14
14

514k
514ft
and

Uplds

(D

94

cl

9 4

Ct'

94

d>

6
*)

6

104 6
104 6
10 4 6

X

d.
9

ft.

4^7

44^7

9
9

6Htz>

*

«»\i

7 9
44 h>7 10kr
4 46-7 10 4
4 4 ti 7
104
6
0

6^8
0%

6

-a 8

0

6

'frS

0

iy-h.
678_

Daily Crop

a-

G5g
64*

Movement.—

may

exact relative
The movement each month

as

follows.

Beginning September 1.
1880.

257,099

476,532

147,595
113,573

284,216
190,054

4,551,808 5,549,41
port
receipts May 31..

9613

94-47

1879.

•1873.

333,643
888,492
942,272
956,464
647,140
447,91s
261,913
159,025
110,006

288,84?*
689,201

1877.

-

98,491
573,533-.
822,493

779,237

893,664
618,727
566,824
303,955
167,459
84,290

900.119

689,610472,054
340,525
197,96596,314

4,748,873 4,392,277 4,190,104
94 91

98-73

96 55

This statement shows that up to May 31 the
receipts at the
ports this year were 1,253,994 bales more than in 1881-82 and
260,302 bales more than at the same time in 1880-81. By
adding
to the above to tils to May 31 the
daily receipts since that time
we shall be able to reach an exact
comparison of the movement
for the different years.
1881-82.

1880-81.

Tot. My 31 5,815,712 4,551,808
J’ne 1....
8,474
2,361

2,691

3,731
3,249
4,56.
2,316

2....

*1,498

2,720

3,905

3....

8.

2,401

44

6,351
5,842

4....

4,127

44

5....

“

6....

4,920
4,100

3.327

4,790

3,589
5,163

2,245

6,129

8....

2,002

3,306

“

9....

3,236

44

10....

“

7....

8.

2,656

8.

2,993

4,381

4,981

44

11....

2,499

8.

12....

“

13....

3,105
2,190
1,88c
1,865
2,753
13,299

“

14....

5,563
2,908
1,642

44

15....

5,735

16....

1,588

44

17....

44

18....

44

19....

44

20....

“

21....

44

22....

8.

1,913
2,356
1,719
1,383
3,436

8.

1,965

44

3,793
8.

6,754
5,719

3,741
3,260

,

4 951

8.

2,700

1,826

.

1878-79.

5 376

“

“

1879-80.

1877-78.

5,549,410 4,749,873 4,392,277

44

8.

4,597
3,790

4,223
1,514
L358

3,793

,196,104
2,2CO

8.

2,002

8.

2.044

2,350
2,396

1,886
1,04 4
1,557

8.

5,049
2,691
2,913
2,013
3,598

1,240

1,704
2.400
1.401

833
8.

1,743

8.

954

2,636
1,862.
1,920
1,170
2,192
1,505-

1,142

3,431

875

8.

1,060

4,037
2,356
2,914
2,587
4,462

1.021

3,573

449

8.

662

8.

2,270
1,360

1,773
1,186

8.

1,581

2,097

1,210
2,786
1,102

869

4,602
3,111

8.

Total

5,881,551 4,6u8,391 5,637,581 4,812,822 4,415,479 4,231,538
Percentage of total
97 63

port rec’ots J’ne 22

85-97

97*37

99-28

96-22

This statement shows that the receipts since Sept. 1 up to
to-night are now 1,273,160 bales more than they were to the same
day of the month in 1882 and 243,970 bales more than they were
to the same day of the month in 1881.
We add to the table
the percentages of total port receipts which had been received to

June 23 in each of the years named.
The Following are the Gross Receipts

Cotton at New

of

York; Boston, Philadelphia and Baltimore for the past week,,
and since September 1, 1882:
This
week.

from—

N. Oi 1’ans

Texas....
Savannah
Mobile...
Florida.
S.Car’liua
N.Car’liua
Virginia..
North, ptn
Teuu., Ac.

Foreign..
This year.

Last year.
*

j

New York.

Receipts

.

A cautar is 98 lbs.

6

534

429,777
458,478
853,195
968,318
974,013 1,006,501
996,807 1,020,802
487,727
571,701
291,992
572,729

28 4,519

2,7G0,o00

Since

4 4 d7

4 L,

10
10

Pero’tage of tot.

44

1881.

4

ct 10

93*

1891.

Sept’mb’i

January.!
February.

-

1882




1882

1,094,6 >7]
Decemb’r 1,112,530

78,000
130,600

4,500

6
6
6

93g

Tear

Novemb’i

Jan. L.

24.200

d.

5f4
55a

for the years named.
September 1, 1882, has been

Monthly
Receipts.

Total

10,000
31,500

H.

3

in >vement

since

1852-93

1883

*

ct

d.

comparison of the port movement by weeks is

Calcutta-

Bombay

d>

9
9
9
9

d.

constantly have before him the data for seeing the

Shipments since January 1.

Total.

nent.

l( "
CL

Shirtings.

1

i

d

44

OolV
Mid.

84 lbs.

not accurate
the weeks in different years do not end on the same
day of
the month.
We have consequently added to our other
standing
tables a daily and monthly statement, that the reader

Kurrachee and Coconada.

Conti-

10

ra7
@7
@7
CD 7
CD 7
@7
a)7
®7
@7
Tt7

32# Cop.
lwisl.

o

as

According to the foregoing, Bombay appears to show a
decrease compared with last year in the week’s
receipts of 5,000
bales, and a decrease in shipments of 22,000 bales, and the
shipments since January 1 show a decrease of 81,000 bales.
The movement at Calcutta, Madras and other India ports
for the
last reported week and since the 1st of January, for two years,
has been as follows
44 Other ports” cover
Ceylon, Tuticorin,

Great
Britain.

10

:>4 5
94 5
94 5
94 o
94 .->

CD

d
3

a.

Comparative Port Receipts
A

1883 11,'00 9,000 20,000 370,000 733,000 1,103,000 25,000 1.490,000
1882 17,000 25,000 42,000 665,000!519.000 1.184,000 30.000
1,496.000
1881 22,000 21,000! 46,000! 239,0001457,000
696,000 34.000 1,049,000
1880 12,000 21.000 33,000 330,000! 132.000
762,000 23.00O
991,000

Shipments for the week.

1(3" 9^1.; 5

8->h
8 rM

Receipt's.

Total.

a

8*4

danger of this
We first give the
bringing the figures

Jan. 1.

ct

l2

d.

s.

94 5 9
9:<8 r> 9
Will i® 9 4 5 10
85S ct J)L> f) 10

BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.

Shipments this week.

d.

8 4
-

India Cotton Movement from all Ports.—We have
during
the past year been endeavoring to rearrange our India service
so as to make our
reports more detailed and at the same time
more accurate.
Hitherto we have found it impossible to
keep
out of our figures, as cabled to us for the
ports other than
Bombay, cargoes which proved only to be shipments fri-m one
India port to another. The plan we have now
adopted, as we
have reason to believe, will relieve us from the

inaccuracy and keep the totals correct.
Bombay statement for the week and year,

0*^

Shirtings.

|

(1.

J. M. Leonard, Greenville, Ala.
Thomas Taylor, New Orleans.
Y. F. Harrington. West Point, Ga.
W. II. Garside. Montgomery, Ala.
E. 8. Flint, Galveston.

Charles lleer, Macon.

1882.

84 lbs.

Cop.

Twist.

Thomas Leech, Texas.

J. A. Young, Katonton, Ga.
L. C. Hopkins, Indianapolis.
W. R. 'Jravots. ,Ir., New Oilcans.

Tear Great ContiBriVn. nent

[VOL. XXXVI*,

THE MONTH OF JUNE.

H. Farstenhcim, Memphis.
Robert Woolfenden, Memphis.
J. W. Fulmer, Memphis.
G. J McCormick, Pennsylvania.
W. Way, Albany.
W. J. Crow, Henderson, Texas.
J. C Rolurtson, Rock Hill, 8. C.
A. W. Tulroll, Norfolk.
G. Maj liotf. Galveston.
John Kolston, Mobile.

Robt.

CHRONICLE.

Boston.

j Since i This | Since
Scjit.

l.j week, j Sept. 1.

191,951

650

! 22.015
74 423

1 2 * 0i)t
9,'6iVi ......|
678 169,952
j
427 56.988
466 228,455
!.
1881
199 137.215,

(
5,812,

5,896
1,291,030

i

Since

Since

This

Sept. 1. week. Sept. 1»

!

2,lv2

142 16,381

91,375

1,95 S

7,652
...

2,646
86,156

40 10,524

736 57,

z

2,

50

2LGo9

33

1

909

7,314 526,926

92,332

7,9;><*

2,162 120,411

200

604 135,116

1,738 180,939

|

3,209
*

Th is
week.

Baltimore.

! 11,919

2,781 273,810,
1,261 219,696

Philadelphia.

64,620

2.802
•

1,526

1
i 3.107,431.732 1,749
1 1,167,483
J 176, 964

4t

7,035|319,72t

3.2S7 219,880§
§ 107,362

Cotton from New York this week

The Exports of
•decrease, as

Exported to—

31.

Total
since

1

304

75!

304

L,401

31,401

29,077

029

S99

57,036

1,800

32.897

47.520
19,590

310

55,729

12.521

1,720
1,720

1,319| 1,779

3,045 145,572

79,037

3,397
5,910

6,038
2,450

1,14.7

150

lu2

100

****'!

All other

1

&c

.

...11

100

11

8,491

9.307

14,365 11.091 12,509 10,970 672.553 522 O' 9

...

News.—The exports ot cotton from the

United

week, as per latest mail returns, have reached
40,669 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, aud published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Thursday
night of this week:
Total bales.
States the past

7,027
301
899
1,800
10
300

To Havre, per steamer Ameri<|iie, 301
.
To Bremen, per steamers Fulda, 100....Salim*, 790
To Hamburg, per steamers Gellert, 753
Rhaetia, 1,050...
To Autweip, per steamer Switzerland, 40
...
To Copenhagen, per steamer Geiser. 300
New Orleans—To Liverpool, per steamers Asturiano, 2,975 —

Yucatan, 0,007
Discoverer, 3,913
steamer Whitney, 1,475

Chancellor, 3,018
Texas—To Vera Cruz, per

Baltimore—To Liverpool, per steamer Caspian, 1,058.
To Bremen, per steamer Hoheuslauffen, 2,935
Boston—To Liverpool, per steamers Iowa, 2,c87
Virginian,
r

Philadelphia—To Liverpool, per steamers

British Prince, 2,300

Illinois, 1,400
Total

form,

particulars of these shipments, arranged in our
are as

follows:

Saturday Monday.

Spot.
Market,
>J

id

{

$

Very dull.

Dull
and
easier.

p

way.

300

40

2,705

304

1,475

*

10,633
1,175
1,058
2,985

3,242

Sales

we

2,400
1,100

53 u

1.840

28,500
4,00l>

29,500

730,000
84,000

981,000
7 40,000
07,000

742,000

29,000
3,700
11,000
982,000
739,000

59,000

43,500

55,<00

54,000

39,500

278,000

200,00(

260,000
107,000

33,500
261,000
111,000

5,400
20,500
978,000

4,500
1 3,000
988,000

17,500

99,000

110.00(1

each

the daily closing prices
,

300

40

5,090

304

32,860

Wednes.

Tuesday.

Thursday

Fmday.
Dull

inq. Mod. inq.
freely
freely
supplied. supplied

Mod.

Very dull.

and
easier.

5U16

577i«
573ia

5»,a

»"l6
rji'ho

4,000

7,000

0,000

10,000

500

500

1,000

10,000
1,000

7,000

500

Quiet.

Quiet.

Dull.

Easy.

Dull.

Easy.

Dull.

Easy.

513i0

Speo.tt exp.

.

"

*->1 *h 6

5i31(J
1,000

futures.

Market,

)

12:30p.m.

$

Market,

}

Dull.

Dull.

Very dull.

In

buyers'

,

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

4 P.

M.

otherwise stated.
I'p^The prices are given in pence and G Wis,
and 6 03 means 0 3-04rf.*

thus: 5 02 means 5 62-Qld.

Mon., June 18.
Clos.

Open i High

d.

d.

Tues., June 19.
Open High Low.
d.

d.

d.

June

June-July..

July-Aug..
Aug.-Sepi..
Sept.-Oct..,
Oct.-Nov....

Nov.-Dec...
Dec.-Jan....

Jan.-Feb....

3,70”
^lO.OoO

Weilnes., June‘20.

usual

Open High
d.

Total.

10,976
16,03 t
1,475

3,700

3,700

Total....'.*.’*.'.’.'*

38,000

1,040

3,21"

4,043
3.2 >2

*

2,935

1.0 -8

Phlladelp’a

Below

ml.

7,027
10,033

Copen- Vera
hugen. Cruz.

Ant-

<£• HamHavre, burr/,

Liver-

New York
N. Orleans
Texas
Baltimore.
Boston

41,000

5»716
51l,ig

Upl’d.-

Bremen
,

1,8‘Ju
33,000

d.

Liverpool, per steamers Alaska, 1,223—Baltic,
860
Belgravia, 432
Celtic, 025
Donati, 1,130....
England, 2,100....Scythia. 048

The

33,00<
1,42

1,030

Liverpool market for spots aud futures

New York—To

1,155

45 00

day of the week ending June 22, and
of spot cotton, have been as follows.

L2;30p,m

IOO; 1J-00

8pain,Op’rto,Gibralt’r,&c

Shipping*

3

23,977

50
300

1,370

....

North. Europe

•Grand Total

The tone of the

faiu.OiTua

|

Hamburg
Other ports

Total Spain,

Actual export
Forwarded
Total stock -Estimated
Of which American—Estim’d
Total import of me week
Of whien American
Amount afloat,
Ot wbioh Awifli’iimn

7,027 483,597 403,077

75:

508

French.

Total to

20,797

100

and Hanover

Sales American

year.

4,87 0

French ports

Bremen

previous

7,027 183.721 382.280

10,177| 10,730

5G8

Havre

Total

1

took ....
Of which speculators took..

June 22.

i

11,971

•Other

| Sa me
j period

Sept. 1.

500

1

British ports

1 11.

21.

I

9,077 10,730

11,971
Other

!

| June i June

June
7.

Mug

|

ending—

bales.

Sales of the week
Of which exporters

June 15.

June 8.

June 1.

show a

compared with last week, the total reaching 10,970
bales, against 12,509 bales last’week. Below we give onr usual
table'sliowing the exports of cotton from New York and their
-direction, for each of the last four weeks ; also the total exports
aud direction since September 1, 1SS2, and in the last column
the total for the same period of the previous year
EXPORTS OF CO TTON (B\.LK3) FROM NEW YORK SINCE SEPT. 1.1882.'
Week-

713

CHRONICLE.

THE

2a, 18i3.1

June

1,475 40.669

add the clearances this week of vessels carrying
ports, fringing our data down to the

d.

Tliuis., June 21.

Closr Open
d.

High Low. Clos

High Low.

d.

d.

d.

541

5 41

541

FrI., June 22.

d.

d.

June

June-July..

July-Aug...
Aug.-Sept..
Sept.-Oct...
Oct.-Nov....
Vov.-Dec..

541

Dec.-Jan...
Jan.-Feb....

cotton from United States
latest mail dates:

16—Steamer Alava, 3,500—
June 19—Steamer Bernard
Hall, 5,754
1une 20—Steamer American, 2,445.
Boston—For Liverpool—June 13—Steamer Illyrian, 839
June 15—
Ste liners Ccphalouia, 2,113; Venetian, 1,813.... June 10—Steamer
Bulgarian,
•.
Baltimore—For Liverpool—June 15—Steamers Carolina, 1,229; MeutNew

Orleans—For Liverpool—June
June 18—Steamer Gallego, 3,800

more, 1,973.
Philadelphia—For Liverpool—June 15—Steamer Lord

June 13—Steamer

Clive, 1,800—

Pennsylvania, 955.

give all news received to date of disasters to vessels
-carrying cotton from United States ports, &c.:
South Shore, schooner, from Galveston for Saco, before reported, had
discharged her cargo at Nassau, June 9, and would go on the
Below

we

-murine

railway for repairs.

Cotton freights the past
Salur.

week have been as follows:
Mon.

Tues.

Wednes.

Thurs.

Fi'i.

Liverpool, steam d. 9b4®732 964®732 9G4®732 964®732 964®732 964®732
Do
sail...(?. 961®13b4 9G4® 13b4 964®7364 964®13e4 964®l3b4 964®13e4
38*
38*
3gv
V
Havre, steam
c.
*9*
Do

sail

Bremen,
Do

c.

•

•

•

•

1532*

steam, .c.
sail

•

c.

•

•

«* •

Do

sail.. .(Z.

m

m m

•

7532*

....

....

316®V 310 ®14‘
m

,

m

m m

m

m

m

1532*

7532*
.

316® 74* 316® *4

.

.

.

316®74*
•

B

*2

sail...rf.

7532*

....

Amat’d’m, steam.c.
Do

....

....

•

1532*
*r

Hamburg, steam.d. 316® *4

•

•

• •

*2

BREADSTUFFS.
Friday, P. M., June 22,

1883.

quiet for most grades and still weak in price.
Freshly-ground flour has sold the best; and though there
less apprehension now as to the probability of winter ground
flour keeping during the sultry season, the lower grades of
winter milled are very dull; the better brands, moreover,
have only a moderate sale, and prices for winter-ground are
especially depressed. To-day the market was dull and weak.
Wheat has fallen about 3 cents, owing largely to a number
of failures at the West, and to the decline in the Chicago mar¬
ket which has followed, though the large stock of wheat at
that market and the more favorable crop advices have had no
little influence. The export business has been liberal, the sales
to millers have increased, and the transactions in options have
been, for a single week, unprecedentedly large. The excite
ment has run high at times, but has latterly subsided somewhat
To-day the market was irregular, opening
lower, but
recovering and advancing a trifle ; No. 2 red sold at $1 17 for
Flour has been

20for August,
23%@$124^ for October.
7718*
7116*
No. 3 spring sold on the spot at $1 11, mixed winter at $L03.
Barcelona, steam.c. 7716*
716*
*16*
i'ie*
®8*
58*
Genoa, steam ...d.
5q*
V
<%*
Indian corn has been more*active on speculation, and on.
several days a good export demand prevailed. Latterly the
Liverpool.—By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &c., at that port. We speculative trading has decreased however, and the foreign
demand has likewise fallen off, owing partly to the fact that
add previous weeks for comparison.
Baltic, steam
Do

sail

•

•

d. ^32'S

•

•

•

•

•

•

•

•

•

’»

•

m

m m

....

....

932®916* 932®516* 932®516* 932®516’' 932^516*

c.

7

June, $117@$117% for July, $1
$1 217^@$1 22}{ for September and $1

7

'

it rv.

7

voiupi COOCU.




\

714

THE

c/
not

==

....

little of the

—=

CHRONICLE.

-

has been

arriving here ii poor condition,
dispatches have reported the arrival of a number
of heated cargoes at Liverpool.
The crop advices have been
favorable. Trices have been depressed by the rapid unloading
of bolls both here and at the West, and No. 2 mixed has sold at
a deeliue of three cents.
To-day the market was irregular,
cash corn being steady and options, after opening lower, advanc¬
ing a fraction; No. 2 mixed sold at 01%c. for June; 62(gG2%c.
for July; 03/4@63% for Aug., and Gee for Sept.
a

corn

and that cable

Southern

has been in demand and much

corn

firmer than

other kinds.

Flour,

At—
New York
Boston
Portland

8 89:9

3.500

4 1,457

12,980

148.480
301,992
23 4,8'95

02,409

Total week... 214 373 1 ,012,2 73 1,925.223
Cor. week ’82.. 107,401 1, ,352.511
650,8 L 3

000,201
432.750

closing quotations

Montreal

Philadelphia...
Baltimore
New Orleans...

3 00

Patents, winter.

2 75 a>

3 60
4 10
5 25
7 25
5 60
6 50

City shipping

4
5
5
4
3
6

do bakers’
Wis. «Sc Mien, rye mix.
Miuu- clear and stra’t
Winter ship p’g e x t raa.

Patents, spring

OO ft

00

a>

00 u

0.10
09 0

$5 75 2)

7 25

5 25

6 00

extras.
bakers' and

Southern

10,507

bush.

Itye,

bush,

83,810

1,650

500

1.174

23.086
43,330

1,8 JO
1 650
2,030

87.281
12,003

The total receipts at the same ports for the
period from
Dec. 25, 1882, to June 1G, 1833, compare as fjllowj for
four
years:
1882-83.

1881 *92.•

bbls.

1380-81.

0,513,333

5,214,005

0.171,053

bush.

23.380.021
43.201,273
T-M 11,US I
2 15 3,310
1,410,02 J

15.0 >3,57.)

33 0 >:>,82 1

I S.O 10.070
1 1,27 >.70 *>
2.202 0 ) 1
721,0)7

45,707.2 .’3
11,10 ».01S
2," 10, 3^7
8 3 3, L 8 0

82,121,353

47,370,502

03,38 2.51L

Mln

5 50 2
4 30a
3 30

Bye Hour, superfine..

Corn meal

a

Exports
from -

....

are

1870-80
4

104,813

3 1,321.305
0 3,125.352
1

1.100,5 12
1.5.32.2025
753,000

113,103.301

shown in the annexed statement:

Flour

—

Western, Ac
Brandywine, Ac

3 00 ft 3 10
3 10 4 3 55

Corn.

Oats.

llnsh.

Bush.

Bush.

305,0 12

524,71.1

1,4.0S

72.453

235

Rye.

Peas.

Bush.
65.376

Bhsh.

2,311

Boston.
Portland.
Montreal.
Philadel..
Caltim’re
N.Orl’us

25,034

52^

257.576
231.020
214.507

Total w’k.
S’me tim*
18?2.

154,977

732,233 1,443,334

1,043

6 0,3 7 6

31,631

531.061

7,076

26.329

122.”™

..

5 15
3 80

Wheat.

Bbls.
07, i 1'

New York

family brands
South’ll stip’g extras

4 25
7 50 !

OOtf

19.3,196
26,900
114,085

Burley,

:

bbl. $2 40 5>

Butter fine
Spring: whoat extras..

6,009

590
14.327
17,0 34
17.860

June 1G, 1883,

FLOUR.

Kc. 2 fvriii".. .<$
No. 2 winter

Cals,
bush.
4.8 300
07,615

exports from the several seaboard ports for week ending

tember, and 3S/|(d3S/ic. for October.
are

Corn,

bush.
660.092

bush.
0.31,450
252.140

% e has been quiet at lower prices. Oats sold more freely
Wheat
in the excitement following the Chicago failures, but at a de¬
Corn
cline of i to 2 cents, due to the fall in prices at the West, sales
Oils
Harley.
to realize and favorable reports in regard to the
growing crop lire..*
To day the market was depressed ; No. 2 mixed sold at 42
Tola 1 g
42/ze. for July ; 39's(fi30for August; 371v«3Sc. for Sep¬
The
following

Wheat,

obis.
07.588
50,308

Flour

The

|Vol. XXXVJ.

—

17,371
14,521

136.625
122,700

0 w

76,066

.

141.065

20,293

...

GRAIN.

Wheat—

Corn

fcycuiif, per bush.
Sprius: No. 2

-a?

.

0

JBUtS winter, No. 2
R/ed winter

......

.

U 1 0
101
a>l 23
1 09
it) 1 20
1 1 1 Lj 7t l 12
50
62
a
( 2 h? 2
02 31
65
it
70

1

Wsiito
White No. 1
Com—West. mixed
H7e«t. mix. No. 2.

WhiteS Jicheru..

—

Yellow S uitliern.
White, Western...
Hve—Western
State A Canada..
Oats - Mixed
White
No. 2 mixed
No. 2 white

65
61
(IB

70
64
6 7
75
45
to

it

iv
'ct
it

70
42
n
43
it
42 4 ?
45: U 3-

corresponding period of'last

Barley nominal.

the figures of the New
the receipts at Western
Lake and River ports, arranged so as to present the comparative
movement for the week ending June 1G and since Aug. 1 for
i

Flour,
!

years:

Wheat.

Corn.

1

libls.WGlbs] Bush.GO lbs

Bush .50

j

Oats.

//>sj Bu.sh.Vl2 lbs

|

Harley.

Rye.

)o|

20! .726

1,930,170

1,2)8,923

130.100

54,47?!

92.935

21i.:;:)1

131,118

25,185

Toledo

2,355*

39,259:

119,819

Detroit

5,2781

H0,22i;

125,859
41,890:

13 802

2,200;

32.500

10,000
303,170 i

145,023:

5,082|

10,072

133,000

1)7,150!

0,0 0;

9,000

44.9

Milwaukee

..|

Cleveland.... I

—^

25.353:

..“...1

2.305]

St. hwn
reorij.
Duluth

93.200

3.0 0
45,000'

j

9,500:

V83]

150,80s1

Seims wk. \82l

129,291;

714.207

1.875,900

Same wt. ’31:

177,798

1,19(5,75 Ij

2,480,094

Tot. ^4.

S4nc*rA«^. 1—

|
9.472.119

j

ISS2

wsi

.4

1839

|

10.242

0,811

....

3,383!
...J

17,000;
!

910.447

2,733,583

j

•

•

•

108,793^

14 4,553

908.217;

57,011*

42.478

1882-83.
Floor

Wkent..
Cam

...

bbls.

4,222 li'7

03,921

27,503

i
47,081,759

bush'.

13.513 .142

48,141.,535
20,843, ,350
4.488, ,023

Caz*

Srffcriey
hjo

1.631, 2 25
88,620, 330

BMow

are

the rail

10.,367.913
35. (137,688
13,,910.0 46
,053.984
1, 267,702
-

6 3, 316.733

ports for four years:

Flaar

Wheat..
Com
Q*te

....

.

„.

1

,072.633
1 ,026.006
79 ,360,223

1882.

Tl eek
Jan 5 16.

Week
June 17.
44.016

161, 50 4

183.000

263. 483
7 80,,927
19. 701

3 3 0,258

229

20.441

220.307
801.470
745.589
17,13 4
10,702

1,136,915

1,861.701

.

24,848

1,373, 814

The rail and lake

Total...

154.977

shipments from

same

Flour,

Wheat,

Corn,

bush..

bush.

en&ina—
00(8.
L6...134.720
Xaae 9... 146.8 23
Jtae
2...141,028

782.800
825,2 47

May •25>... 143,037

862,939

T«ik»4w. ..571,208
Crta 82.-549.346

2,9! 1.010

4 lo.'»L8

2,512,324

Oats,

3,101,033 1,273,537

Juiii 17.

1381.
Week.
June L6.

Bush.

J> ush.

Week,

315.159 1,188.831
2 15,885
200,7 Iti
20
.

315

1-

87.330

732.23 )

bush.

Week,
June 17.
Bush.
16 >.151

52,409

13,374

25 4 0

12,630
2,17 5

37,041
75

531 no 1

1.1

13.23 t

‘28 1 001

By adding this week’s movement Do our previous torals we
have the followiug statement of experts since September 1, this
season and last season.
Flour.

Exports since
Sept. 1, to—

1SS2-S3.

18S1-82.

18S2-83.

1SS1-82.

1832-83.

1881-82.

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

June 10.

June 17.

June

June. 17.

June 10.

June 17.

Bbls.

Bush:

Bush.

Bush.

29.145,211
5,705,812

19.439,3S1

25.150,793

25,9.89,827
11,318.890

120,i'5

7,117

359.021

417,114

554 083

08.404

35,279

331.072

583 513

4*3,78 1
28,012

10,113

00

8.8.419

*227,400

242,934

139.57U

121,615
78,039

58.53 7.1 (C

37.5'4.1 3

35.772,135

24,953,019

3,743,418

Brit. Col’nies

497,310

3,203,390

Oth. countr’s

65,343

91 361,515

1880.
Week
Juno 1 9.

63,393

372,721
1,235,795
121,356
29.318
23.171

7.38? 088

1,833.864

Rye,
bush.

19,701 146,251

2.2 i 4.031 1.233.232
2.205.6 75 1,055,734
2,33 L.2S0
888,55 4

30.497 128.459
27.513 41,167
37.571 41.832

9,9(^3,022 4.451,057
0.380,772 2,081,214

116,282 360,759

121,239 152,684
The receipts of flour and grain at the seaboard
ports for the
week ended June Ifi follow:

10.

32,948,145

734 845

1,572.703
923,461

Corn.

Sept. 1 to
Bbls.

Totiil

TT7iC C.

,

West Indies.

10,.3 34,(501

Barley,

1882.

16,078

4,573.952

ports for last four

bush.

318,541

9.542
1 1.521
10,0 in

191,9)1
571,073

were:




218

4.372.70

,

Bush.

4,311,327

The visible

supply of grain, comprising the stocks in granaiy
principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, June 1G, 1883, was as
at the

follows:

In store at—
Now York
Do. afloat (est.)

Albauy
Buffalo

Jhicago

Milwaukee
Duluth
Toledo
Detroit

Os wego
....

Boston

Toronto
Montreal

Philadelphia.
Peoria

Indianapolis
Kausas City
Down

Mississippi.

On rail.*
On lake
On canal

Corn,

hush.

b ush.

4,196.090
310,038
2,40 t
523.039

351,474
420.OeO

6,138,269
1,020.170

GO.coi)

Sr. Louis

Cincinnati (3)

Wheat,

6-6,238
1.11 1,514
85u,411

Baltimore

TkfceS.

Week

Otli.c’nt’s

10,130

1332.

Bush.

402.1)4:

2 1.039.006
53 014,651

86,-418

513,200

Brit. Col’s

1,020
14.124
22,138
17,502

383,317

553.709

1870-80.

Week
June IS

..Wish.
.

Contin’nt

Bbls.
43 0 42

3. & C. Am...

2,50 4,579

1881.

71,,428

.

03,671

2,572,2)2

from Western lake and river

../obis.

Bwtcy

Weeks

21 ,353.3 54
40 ,01 7.533
14 .030,98 1

1883.

Bbls.

June 16.

5.103,937

1

1880-81.
4 ,020.600

1

shipments

-

1331-82.

.333,210

0,

,

June 17.

LTn.King.
S.&O.Am
W. r iKlies

1S83.
Week,

LTn. Kingdom
Continent...

shipments of flour and grain from the
from Dec. 23. 1832, to June 1G, 1833, inclusive, for
show as follows:
1

Week,

•

The comparative
ports
four years,

1832.

Week,

500

•

71.103,195. 85.409.813
15,342,003
7.0:0,780 39,021,Of50 100,7:6,102' 33.077,041; 11,970,300!
7,802,025! 74,602,003 10?,950.97131 4l,795,5 49| j 1,072.493*

tvarae

1883.

to—

Corn.

,,,,,,

1.009.918'
1,057,0131

j

j

Wheat.

Exports
for week

June 16

*We add the

for comparison:

Bush AH lbs Busli.oGlb*

01,797,

Chicago

year

Flour.

statements below, prepared by us from
York Produce Exchange.
We first give

JtoctdH* ot—

281.535

The destination of these exports is as below.

The movement of breadstuffs to market is indicated in the

«*oli of the last three

87,339

.

405,594
81,331
8,573
287,930
280,263
373.605
3 779
221.000
63 446

1,163,846
or,

1 72 i

10.910
25 4 026

Oats,
bush.
760 712
4

Barley,

Rye,

bush.

b ush.

60,060

*5

202,373
18,576

3,051,507

10 663
113.303
452.320

5 K)
6 275
33 3 10

728,47i)

100,17 L

33,640

100,141

38,001

520.203

52.377

587

23,482

53.832
SO.O JO

16,471
1,100

55,000

120.004

1,720.933

04,06 4
438.771

85.468
32,062
153,6:»5
1,000
45 313
165.110

74.0)0

125.700

7.038

10.660

57.120

6,307

63,254

2.334
73 507

373
244

34,701

85,063

146 545

2.280

112.533
13 060

04 358

33,600
11,070

210

16,714

515,475
150,337

13 233

27.325

47.821
130,545
93.971

50,471
182,506

609,69*7

575,536 1,064,/5l
4,22 4,510
610.863

963,10 4

1.83 4,720

235.050

Tot. Juno 16. ’33. 20,618,96 ) 14.923,511 4.558.738
Tor. Juno 9.’83. 2p.5S2.446 14,017.432 4,323.530
Tot. J.ino 17/82. 10.231.307 9,38 >.9 <0 1.978 975
Tot. June 18/81. 14.4 4l 330 i 1.73 3.877 6,6 4 4.299
Cot. Juue 19/80. 15,550,196 17,561,027 2,802,793

10,500

477.408 1,774.750
474.249 1.732.503
144 935
934,497

127,443

181.974

293 426

23),06a

The following statement, prepared by the Bureau of Statis¬
tics, will show the exports of domestic breadstulfs from the
undermentioned customs districts, during the month of May
1883, and for the eleven months ended the same, as compared
with the corresponding months of the previous year:

*^ T>; 'Hi;

*v

l*®
i-®
£ a & a

2L©©©5mS3£e S'2©^
^ ax ;

a

>■* >-*
P P

L

ro a
>r c. ®
rt ^l« M ^
•

.

m.

•

aWMO^gP^tdhSCdiz;

HHHH

3#S2SSgS9|SS3S5
.

of future wants) by cheap transportation routes.
The move¬
ment in standard ginghams was stimulated by lower prices, and

|h
g.^Sa*5*0g’!§M-

h*

Q

some kinds have slightly appreciated.
Domestic Cotton Goods.—The exports of cotton

'

tCi vO

C

C

%

*

*—»

>-*

goods for
including 1,214 to Great Britain,
495 to China, 132 to Hayti, 125 to Chili, 121 to Venezuela, 116
to Argentine Republic, 104 to U. S. of Colombia, 94 to Brazil,
&c.
There was an irregular demand at first hands, but a fair
business was done in some of the best makes of plain and
colored cottons, cotton flannels, &c.,. in which transactions
footed up a considerable aggregate amount. The tone of the
market has shown more firmness, and an advance of %c. per
to
a
yard was made upon fine bleached shirtings, as Warasutta and
New York mills, while leading makes of plaid osnaburgs were
marked up to 8c. per yard.
Print cloths were m^re active
and very firm at 3r,8c. for 64x64s and 3 l-16c fur 56x60s, at
which rates many manufacturers declined to make con¬
tracts for “ futures.”
Dark prints were more sought after and
some sales were effected (subject
to opening prices , but light
£ prints ruled quiet, aside from “off” styles, in which a fair
business was done by means of low prices. Canton ginghams

XX

$ ft

$ rD

♦

S<5

the week

;

;

g
Sr.

RT

£ £

IVI'e

'XX'
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ic w-

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Importations of Dry Goods.

*

The importations of dry goods at this port for the week
ending June 21, 1883, and since January 1, and the same facts
for the corresponding periods of 1882. are as follows:

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lnchuled in tlie foregoing tottils are the
New Haven, Portland, Richmond, Willamette
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feeling in the market for men’s-wear woolens, caused by the
great curtailment of production that has lately taken place.
Prices of cassimeres, suitings, &c., are still low and unsatis¬
factory to manufacturers, but really desirable goods of this
class are held with rather more firmness. Worsted coatings
are pretty well sold up as a rule, and prices, though low, are
fairly steady. Kentucky jeans have met with moderate sales,
and stocks are in better shape than for some time past—many
accumulations having been closed out during the past few
weeks.
Satinets were mostly quiet, but repellents were a trifle
more active, and a fairly good business was reported in Jersey
cloths. White flannels continued in good request, but colored
and shirting flannels were relatively quiet, and there was only
limited demand for blankets. Summer dress goods were
a
lightly dealt in, but fair orders were placed for such fall
fabrics as all-wool cashmeres, suitings, sackings, ic.—for future
delivery. For hosiery and underwear there was an increased
inquiry, resulting in a fair aggregate business.
Foreign Dry Goods have ruled very quiet in first hands, and
the jobbing trade was of strictly moderate proportions. Staple
goods, as low-grade cashmeres, &c., remain firm in price, but
low figures are found necessary in order to move such fabrics
as are subject to the vagaries of fashion.

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were

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Total values—

57,324

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May, ’83.$ 25,405
May,’82.$

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11,790
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08,897

1,080
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213,032 1,436,878 6,140,315

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THE

DRY

GOODS

TRADE.

Friday, P. M.,

June 22, 1883.

Owing to the arrival in the market of a good many wholesale
buyers from the West, Southwest and South, business has been
a little more active in commission circles the past week, but the
jobbing trade remained in the quiet condition usually witnessed
at this stage of the season, when retailers are much more
anxious to reduce their stocks to the lowest possible point than
to increase their liabilities.
Goods adapted to the fall trade
have received a fair share of attention from package buyers,
and such domestic fabrics as staple cotton goods, repellents,
jeans, white flannels, Ac., also hosiery, knit underwear, notions,
Ac., were shipped in considerable quantities (in anticipation

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205,921
379,010

13,261
66,685

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Bushels..
4i5,(375
Value
25,405
Indian corn meal
Barrels.
Value
.$
Oats—
Bushels..
Value

2,631 packages,

were

reduced from 10/2C. to 8/£c. and met with liberal sales,
but the general demand for ginghams was comparatively light.
Domestic Woolen Goods.—There was a slightly improved

ft

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manner,

the market for staple cotton

goods, and

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accomplished in like

large sales of prints were
but there was a firmer tone in

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715

THE CHRONICLE.

1883.]

June 23,

XOOtCtCM
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716

(CHRONICLE

THE

financial (fompmiics.

'SUcstcvn ikiukcvs.

Honesty Guaranteed

The First National Bank.

FIDELITY & CASUALTY CO.
OF
Officials of

NEW

Grand

TORE

Banks, Railroads and Transportation
and Clerks of

Public

Com panics. Institutions and Commercial
firms, can obtain suretyship from this Company at
moderate charges.
xhe bonds of this Company are accepted by the
Courts of the State of New York.

ACCIDENT

INSURANCE.

Policies issued against accidents causing

death

Full iniorimition as to details, rates, <fcc., can be
obtained on application to head office, 179 Broad¬

Capital Limit,
Capital Paid in,

John M. Crane, Sec’y.
Directors—George T. Hope.G. G. Williams, Geo.
8. Coe, Charles Dennis, J. S. T. Stranahan.A. B.
Hull, A. 8. Barnes, S. B. Chittenden, 11. A. Hurlbut
W. G. Low, David Dows. J.
D. Vermilye. Alex.
Mitchell, Wm. M. Richards.

OF

Co.

Cash Capital
*300.000
Cash Assets
400,000
Deposit with Insurance Department
214,000
President:
Vice-President:

No.

17 8

NATIONAL

BANK

OF

N. W. Harris &

Hon. jas. Perrier.

YORK

INVESTMENT

OFFICE:

BROADWAY.

No. 17(5

D. J.

TOMPKINS, Secretary.
New York Directors.—Joseph W. Drexel, A. L
Hopkins. H. Victor Newcomb, John Paton, Daniel

GRAND

Co.,

BANKERS,

DEARBORN

STREET.

17THVTTTQ State, County, City, Town, School
170, and Car Trust Bought and Sold.

JDv7_lN

The funding of entire issues receives special atten¬
Write us if you wish to buy or sell.

^vouthcvn 23;tnUcvs.
CITY

BANK

OF

We give

special

HOUSTON,

collections

on

HELENA,

Directors.—Benjamin A. Ilotts, Pres’t; F. A.Rice,
Baldwin, W. B. Botts, liob’t Brewster. S. K.
Jlcllhenny, B. F. Weems.
C. C.

BENJ. A. BOTTS.Pros’!

BANKERS,

on

Correspondents.—Bank of the State of New York.
New York; Louisiana National Bank. New Orleans:
Bank of Liverpool, Limited, Liverpool.

Btruituss, Pres’t.

A. K.

Walker, Cashier

First National

COMP .1 N J'

Bank,

(OF
Transact

Collections made on all Southern points on
terms; prompt returns.

THOMAS
BANKERS

BRANCH, President.

COMMISSION

AND

best

Fred. It. Scott, Vieo-Pres’t.

BRANCH

&

ance

and

antee

in

Wm. C. Courtney. Pres. Ernest H. Pringle, Cash

CIIAKLE8TO\,
Association,
to

w.

MIDI),
Broadway & 24th Street, New York.

HOISTING

C. F. JrENZEL, s

STATE BANK, / C. T. WALKER
( Incorporated 1875.)
Cashier.

German
LITTLE

ROCK,

Capital (Paid in)

Surplus,

-

Bank,

Europe.

--

--

$75,000

--

--

-

Prompt attention given to all business in

N. Y.
and the

Correspondents.—Donnell,

25,000

k

c a n

Galvanized Charcoal and BB

Ships’Rigging, SuspenBridges, Denick Guys,
Ferry Ropes, &c. A large

'kil fsion

Indiana Banking

i

'

o

<&

k k

SUCCESSORS TO

E. R.

OLIVE

Dealers

in

Street,

Traders’ Bank. Chicago.

agents for

Co., Atlantic Cotton Mills,

Peabody Mills.
ilerton New

Bliss, Fa by an 6c Co.,

1871.

2IROWN

&

CO.,

References in St. Louis. Banks generally.

(Commercial (Cards.




-

K It S

vw*

.

Brinckerhoff, Turner
& Co.,

Towel

-

Quilts,White Goods Sc Hosiery

r>"il/s. sheelir.fjs, <£•<,*., for Export Trade.

OFFICE

CARPETS.
HOUSEKEEPERS
FICES

take notice.

AND OCCUPANTS OF OF¬
Before buying your Carpets

linoleum, Oilcloths, or Mattings, call at BEND ALL’S
Misfit Carpet Store, 114 Fulton St., basement floor.
Cheapest place in New York.

Publications.

--

FOR

SINCE

CANVAS,
FELTING
CAR
DUCK,
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &C., “ONTARIO” SEAMLESS
BAGS, “AWNING STRIPES

STATES BUNTING CO.

supply, all Widths and Colors, always in stock
No. 109 Duane Street.

SALE.

Chronicle Volumes

And all kinds of

A full

CINCINNATI, OHIO.

SHEETINGS,

PRINTS, DENIMS, TICKS, DUCKS, &c.

COTTON SAIL DUCK

UNITED

Philadelphia,

Sc BLEACHED SHIRTINGS
AND

STREET, ST. LOUIS-,
Western Securities.

--

White Mlg. Co..

Hosiery and Yarn Mil*'

New York, Boston,

Defaulted Bonds of Missouri Kansas and Illinois

~

Chicopee MIg. Co.,

Mills,

SELLING AGENTS FOR LEADING BRANDS

Specialty. Good. Investment Securities, paying
4)2 to 10 per cent, for sale.
References in New York, by permission, Clark
Dodge & Co., 51 Wall St.; Hatch & Foote, 12 Wall St.

—

15 Chauncey Street,
BOSTON.

Saratoga Victory Mlg. Co.,

Company. Indianapolis.

KFLEIIFK

805

MUDGE, SAWYER Sc CO.,

NEW YORK.

ILLINOIS.

Also, Agents
B It () K

hand

desired

are

Joy, Lincoln & Motley,
Ocean.Mfll*

COTTON

C

on

any

cut.
F L A T
STEEL AND IRON ROPES
for Mining purposes manu¬
factured to order.

soy.

a o u

«

ESTABLISHED

F.

line.
Lawson & Co

George Eustis 6

which

lengths

43 & 45 White

National Bank. St. Louis.

our

Metropolitan National Bank.

PURPOSES,

for

wm. w. Thornton, Casn

Manufacturers and Dealers in

ARKANSAS.

-----

.

Inclined Planes, Transmis¬
sion of Power, Ac.
Also,

Dallas, Texas.

SHELBYVILI.E,

S*.

pe

JOHN W.iMASON Sc CO.,
43 Broadway. New Vork.

C. E. WELLESLEY,
General Manager,

*s> Tiaim.vrov

n

o

IRON of superior quality
suitable for MINING AND

J),

Collections made in Sbelbyand adjoining Countie
ind Proceeds remitted on Day of Payment.
REFERENCES—National sank of Commerce,New
Vork.
Union National
Bank,
Cincinnati. Third

Collections.

ttidcstcvn bankers.

R

STEEL AND CHARCOAL

Mortgage

(Kstuulished 1859..

—

President.

Dress

our

unequalled for style, appear¬
workmanship. We guar¬
all cases a perfect fit.

CHARLESTON, S. C.
given

war¬

SAlSIfEL

LONDON),

Thos. M. Thornton.

MERCHANTS

Railroad, for sale.

Special Attention

that

from

L 111 J TE

New York Correspondents:
Blake Bros. & Co,
Wall street.

Virginia Bonds funded under the Funding Act
passed by the last Legislature, for V6 per cent commis¬
sion. New North Carolina 6 per cent bonds, secur
by lien on the State’s stock in the North Cur .1 na

OF

are

assertion

T.

•

National Banking

the

Shirts

CO.,

RICHMOND, VIRGINIA.

BANK

Twenty Years’ experience

rants

>wstock constantly

the State of Texas and

•« a

NATIONAL BANK,
RICHMOND, VIRGINIA.

John F. Glenn, Cash.

Specialty.

our

general Financial and Agency Business in

a

MERCHANTS’

JOHN P.

BUDD.

Shirts

$250,000

all parts of the United State--

on

Pine Custom

.

WILMINGTON, N. €.
Collections made

.

T II E

>onip.
ay m

of Mobile Bonds.

E. K.

SAMUEL

Broadwater, Pres’t. A. G. CLARKK.V.-Pres’t.
E. Sharpe, Cashier.

Buy and sell State of Alabama and City

payment.

HI.

Texas Land &

MOBILE, ALABAMA.
remittances at current rates of exchange

Street, New Vork,
10, 12 Sc 14 East! Bay, Charleston,
108 Bay Street,
Savannah,
41 & 43 North Peters
St., New Oi leant*

Bank,

Capital,
C. A.

Thos. P. Miller & Co.,
Special attention paid to collections, with

96 AVall

UNITED STATES DEPOSITORY.

all

accessible points.

B. F. WEEMS, Cashier.

IN

RICE,

Wire

Montana National

Texas.

attention to

MERCHANTS

tion.

CAPITAL,, $500,000,

Houston,

FACTORS

AND COMMISSION

CHICAGO, ILL.

Torrance. Edw. F. Winslow, Erastus Wiman.

THE

MILLERS,

Over

Managing Director: Edward Rawlings.
NEW

OLD

ness. as suc?cssor of
the First National Bank of
Grand Rapids.
As substantially the same management will con¬
tinue in the new organization, with equal capital
(which will be speedily doubled) it is hoped the
generous confidence and patronage so long bestowed
upon its predecessor, will be continued to the present
Institution. *
S. L. WITH EY. President.
H. J. HOLLISTER,Cashier.

NORTH AMERICA.

Sir. Alex. T. Galt.

the

RAPIDS, 4>eg leave to announce that on Monday.
February 26 inst., they will continue the business of
banking in all its branches, at the same,place of busi¬

BUNIN ESN.

The Guarantee

$1,500,000
100,000

Referring to the foregoing the officers and directors

Of

Suretyship

OTHER

Talmage’s Sons &‘Co

OF 0 KANO RAP 11>S. MICH.

way, N. Y. wm. M. Richards, Prest.

NO

Dan

The Old National Bank

or

totally disabling injuries.

Honds oi

Commercial Cards.

Rapids, Mich., Feb. 24,1883.

The First National Bank, of Grand Rapids, located
at Grand Rapids, in the State of Michigan, is closing
up its affairs, its corporate existence, having expired
Oil February 24, 18S3.
All note holders and other
creditors of said association are therefore hereby
notified to present the notes and other claims against
the association for payment.
HARVEY J. HOLLISTER, Cashier.

Companies, Managers, Secretaries

[Vol. XXXvi

1870.

Any office possessing these volumes since 1870 has
at hand for convenient reference a complete and re¬
liable financial history of the period.
Parties having
the more recent volumes can obtain from the pub
llshers most of the earlier volumes, or complete sets
can

be furnished.

WILLIAM

B.

DANA

Sc

70 & 81 WILLIAM

CO.,
STREET.